Flow Traders U.S. LLC Has $594,000 Stake in VanEck Digital Transformation ETF $DAPP

Flow Traders U.S. LLC reduced its position in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) by 50.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,891 shares of the company’s stock after selling 36,430 shares during the period. Flow Traders U.S. LLC’s holdings in VanEck Digital Transformation ETF were worth $594,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in VanEck Digital Transformation ETF in the 2nd quarter valued at approximately $116,000. Steward Partners Investment Advisory LLC bought a new position in shares of VanEck Digital Transformation ETF during the 2nd quarter worth approximately $128,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of VanEck Digital Transformation ETF in the second quarter valued at approximately $199,000. Cetera Investment Advisers lifted its position in shares of VanEck Digital Transformation ETF by 65.7% in the second quarter. Cetera Investment Advisers now owns 21,864 shares of the company’s stock worth $362,000 after purchasing an additional 8,666 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of VanEck Digital Transformation ETF by 6.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 24,343 shares of the company’s stock worth $403,000 after purchasing an additional 1,493 shares in the last quarter.

VanEck Digital Transformation ETF Trading Down 1.2%

Shares of DAPP opened at $19.87 on Thursday. The stock has a market capitalization of $318.32 million, a price-to-earnings ratio of 2.89 and a beta of 3.50. VanEck Digital Transformation ETF has a 12 month low of $7.80 and a 12 month high of $27.49. The firm has a fifty day simple moving average of $21.69 and a 200 day simple moving average of $18.87.

VanEck Digital Transformation ETF Profile

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.