Western Wealth Management LLC Purchases 7,540 Shares of VanEck Digital Transformation ETF (NASDAQ:DAPP)

Western Wealth Management LLC grew its position in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) by 66.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,851 shares of the company’s stock after purchasing an additional 7,540 shares during the quarter. Western Wealth Management LLC owned about 0.21% of VanEck Digital Transformation ETF worth $194,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. bought a new position in VanEck Digital Transformation ETF during the 4th quarter worth approximately $1,591,000. Flagstar Advisors Inc. raised its holdings in VanEck Digital Transformation ETF by 10.9% during the 3rd quarter. Flagstar Advisors Inc. now owns 141,976 shares of the company’s stock worth $778,000 after purchasing an additional 13,973 shares during the last quarter. SFG Wealth Management LLC. bought a new stake in shares of VanEck Digital Transformation ETF in the 4th quarter valued at $937,000. IFP Advisors Inc increased its stake in shares of VanEck Digital Transformation ETF by 92,159.4% in the 3rd quarter. IFP Advisors Inc now owns 59,046 shares of the company’s stock valued at $324,000 after acquiring an additional 58,982 shares in the last quarter. Finally, Lincoln National Corp increased its stake in shares of VanEck Digital Transformation ETF by 28.0% in the 3rd quarter. Lincoln National Corp now owns 16,000 shares of the company’s stock valued at $88,000 after acquiring an additional 3,500 shares in the last quarter.

VanEck Digital Transformation ETF Stock Up 10.1 %

NASDAQ:DAPP opened at $9.90 on Tuesday. The company has a fifty day moving average of $10.20 and a 200-day moving average of $8.45. VanEck Digital Transformation ETF has a twelve month low of $4.78 and a twelve month high of $12.45. The firm has a market capitalization of $104.64 million, a P/E ratio of 2.89 and a beta of 2.90.

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.