Flow Traders U.S. LLC Sells 36,430 Shares of VanEck Digital Transformation ETF $DAPP

Flow Traders U.S. LLC cut its position in VanEck Digital Transformation ETF (NASDAQ:DAPP) by 50.4% during the 2nd quarter, according to the company in its most recent disclosure with the 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 owned about 0.23% of VanEck Digital Transformation ETF worth $594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kiker Wealth Management LLC raised its stake in VanEck Digital Transformation ETF by 106.1% during the 2nd quarter. Kiker Wealth Management LLC now owns 545,245 shares of the company’s stock worth $9,024,000 after buying an additional 280,667 shares during the period. Jane Street Group LLC increased its holdings in shares of VanEck Digital Transformation ETF by 179.1% in the first quarter. Jane Street Group LLC now owns 396,256 shares of the company’s stock worth $3,578,000 after acquiring an additional 254,265 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of VanEck Digital Transformation ETF during the second quarter worth about $1,531,000. Stratos Wealth Partners LTD. acquired a new stake in shares of VanEck Digital Transformation ETF during the second quarter worth about $689,000. Finally, Secure Asset Management LLC bought a new position in shares of VanEck Digital Transformation ETF during the 2nd quarter valued at about $641,000.

VanEck Digital Transformation ETF Stock Performance

NASDAQ DAPP opened at $19.87 on Thursday. The business has a 50 day simple moving average of $21.69 and a 200 day simple moving average of $18.87. VanEck Digital Transformation ETF has a 52-week low of $7.80 and a 52-week high of $27.49. The stock has a market cap of $318.32 million, a price-to-earnings ratio of 2.89 and a beta of 3.50.

VanEck Digital Transformation ETF Company 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.