Dynamic Advisor Solutions LLC Buys Shares of 38,279 VanEck Digital Transformation ETF $DAPP

Dynamic Advisor Solutions LLC purchased a new stake in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 38,279 shares of the company’s stock, valued at approximately $633,000. Dynamic Advisor Solutions LLC owned about 0.21% of VanEck Digital Transformation ETF at the end of the most recent reporting period.

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

VanEck Digital Transformation ETF Stock Down 5.4%

NASDAQ DAPP opened at $15.51 on Friday. The firm has a market cap of $288.49 million, a P/E ratio of 2.89 and a beta of 3.50. The company’s 50 day moving average is $16.96 and its 200-day moving average is $19.29. VanEck Digital Transformation ETF has a 12-month low of $7.80 and a 12-month high of $27.49.

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.