VanEck Digital India ETF (NYSEARCA:DGIN) Trading Down 0.1% – What’s Next?

VanEck Digital India ETF (NYSEARCA:DGIN) was down 0.1% on Wednesday . The stock traded as low as $38.71 and last traded at $38.88. 7,913 shares were traded during trading, an increase of 104% from the average session volume of 3,878 shares. The stock had previously closed at $38.92.

VanEck Digital India ETF Stock Down 0.1%

The company has a market cap of $17.50 million, a P/E ratio of 40.34 and a beta of 0.63. The company has a fifty day moving average of $41.48 and a 200 day moving average of $41.64.

Hedge Funds Weigh In On VanEck Digital India ETF

Institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. boosted its holdings in shares of VanEck Digital India ETF by 887.2% in the second quarter. Osaic Holdings Inc. now owns 3,534 shares of the company’s stock worth $156,000 after buying an additional 3,176 shares during the last quarter. Archford Capital Strategies LLC increased its holdings in VanEck Digital India ETF by 18.4% during the third quarter. Archford Capital Strategies LLC now owns 5,752 shares of the company’s stock valued at $230,000 after buying an additional 895 shares during the last quarter. Accurate Wealth Management LLC bought a new position in VanEck Digital India ETF in the second quarter worth approximately $343,000. Citadel Advisors LLC purchased a new position in shares of VanEck Digital India ETF during the 3rd quarter worth $840,000. Finally, Jane Street Group LLC boosted its stake in shares of VanEck Digital India ETF by 344.6% during the 1st quarter. Jane Street Group LLC now owns 21,711 shares of the company’s stock worth $847,000 after acquiring an additional 16,828 shares during the last quarter.

About VanEck Digital India ETF

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.