VanEck Digital Transformation ETF (NASDAQ:DAPP – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.36 and traded as high as $19.34. VanEck Digital Transformation ETF shares last traded at $17.45, with a volume of 508,171 shares changing hands.
VanEck Digital Transformation ETF Price Performance
The company has a market capitalization of $187.59 million, a P/E ratio of 2.89 and a beta of 2.90. The business has a 50-day moving average of $13.36 and a 200-day moving average of $12.03.
Hedge Funds Weigh In On VanEck Digital Transformation ETF
Large investors have recently made changes to their positions in the company. Jane Street Group LLC raised its position in VanEck Digital Transformation ETF by 1,134.9% in the 3rd quarter. Jane Street Group LLC now owns 533,518 shares of the company’s stock worth $6,274,000 after purchasing an additional 490,316 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of VanEck Digital Transformation ETF by 844.5% in the third quarter. Flow Traders U.S. LLC now owns 298,318 shares of the company’s stock worth $3,508,000 after buying an additional 266,734 shares during the period. CreativeOne Wealth LLC purchased a new position in VanEck Digital Transformation ETF during the 3rd quarter valued at $137,000. Banque Cantonale Vaudoise grew its position in VanEck Digital Transformation ETF by 13.6% in the 3rd quarter. Banque Cantonale Vaudoise now owns 11,777 shares of the company’s stock valued at $138,000 after acquiring an additional 1,409 shares during the last quarter. Finally, TCP Asset Management LLC increased its stake in VanEck Digital Transformation ETF by 12.1% in the third quarter. TCP Asset Management LLC now owns 18,543 shares of the company’s stock worth $218,000 after purchasing an additional 2,000 shares during the period.
About VanEck Digital Transformation ETF
The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.
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