Dynamic Advisor Solutions LLC Makes New Investment in VanEck Digital Transformation ETF $DAPP

Dynamic Advisor Solutions LLC purchased a new position in VanEck Digital Transformation ETF (NASDAQ:DAPP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,279 shares of the company’s stock, valued at approximately $633,000.

Several other hedge funds also recently made changes to their positions in DAPP. Group One Trading LLC raised its stake in shares of VanEck Digital Transformation ETF by 77.6% during the 2nd quarter. Group One Trading LLC now owns 3,223 shares of the company’s stock valued at $53,000 after purchasing an additional 1,408 shares during the period. Steward Partners Investment Advisory LLC bought a new position in VanEck Digital Transformation ETF in the 2nd quarter worth about $128,000. Qube Research & Technologies Ltd boosted its stake in VanEck Digital Transformation ETF by 91.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 9,019 shares of the company’s stock worth $149,000 after purchasing an additional 4,304 shares during the period. Stegent Equity Advisors Inc. purchased a new position in VanEck Digital Transformation ETF during the 3rd quarter valued at about $232,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in VanEck Digital Transformation ETF during the 3rd quarter valued at about $241,000.

VanEck Digital Transformation ETF Stock Down 5.4%

Shares of DAPP opened at $15.51 on Friday. VanEck Digital Transformation ETF has a twelve month low of $7.80 and a twelve month high of $27.49. The stock has a market cap of $288.49 million, a PE ratio of 2.89 and a beta of 3.50. The business’s 50-day moving average price is $16.96 and its 200-day moving average price is $19.29.

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.