Secure Asset Management LLC Invests $641,000 in VanEck Digital Transformation ETF $DAPP

Secure Asset Management LLC purchased a new position in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,716 shares of the company’s stock, valued at approximately $641,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DAPP. Jane Street Group LLC increased its position in shares of VanEck Digital Transformation ETF by 179.1% in the 1st quarter. Jane Street Group LLC now owns 396,256 shares of the company’s stock worth $3,578,000 after purchasing an additional 254,265 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of VanEck Digital Transformation ETF during the first quarter valued at approximately $653,000. HighTower Advisors LLC grew its holdings in shares of VanEck Digital Transformation ETF by 40.7% during the first quarter. HighTower Advisors LLC now owns 55,143 shares of the company’s stock valued at $498,000 after purchasing an additional 15,959 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of VanEck Digital Transformation ETF during the first quarter valued at approximately $35,000. Finally, LPL Financial LLC grew its position in shares of VanEck Digital Transformation ETF by 26.0% during the first quarter. LPL Financial LLC now owns 1,035,932 shares of the company’s stock worth $9,354,000 after acquiring an additional 213,668 shares during the last quarter.

VanEck Digital Transformation ETF Stock Performance

NASDAQ:DAPP opened at $21.70 on Friday. The business has a fifty day moving average of $17.92 and a 200-day moving average of $14.23. The stock has a market cap of $341.78 million, a price-to-earnings ratio of 2.89 and a beta of 2.90. VanEck Digital Transformation ETF has a 1 year low of $7.80 and a 1 year high of $21.98.

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.