Torno Capital LLC Makes New Investment in VanEck Digital Transformation ETF (NASDAQ:DAPP)

Torno Capital LLC purchased a new position in VanEck Digital Transformation ETF (NASDAQ:DAPP) in the 4th quarter, HoldingsChannel reports. The fund purchased 5,500 shares of the company’s stock, valued at approximately $79,000.

Other large investors have also modified their holdings of the company. TCP Asset Management LLC raised its holdings in shares of VanEck Digital Transformation ETF by 3.7% in the 4th quarter. TCP Asset Management LLC now owns 19,226 shares of the company’s stock valued at $276,000 after purchasing an additional 683 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in VanEck Digital Transformation ETF in the fourth quarter valued at $60,000. Private Portfolio Partners LLC lifted its holdings in VanEck Digital Transformation ETF by 33.3% during the 4th quarter. Private Portfolio Partners LLC now owns 16,800 shares of the company’s stock worth $241,000 after buying an additional 4,200 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of VanEck Digital Transformation ETF by 19.6% during the 4th quarter. HighTower Advisors LLC now owns 39,184 shares of the company’s stock worth $563,000 after acquiring an additional 6,413 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its position in shares of VanEck Digital Transformation ETF by 36.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 30,927 shares of the company’s stock worth $444,000 after acquiring an additional 8,306 shares in the last quarter.

VanEck Digital Transformation ETF Stock Performance

Shares of NASDAQ DAPP opened at $13.08 on Friday. The stock’s 50-day simple moving average is $10.18 and its 200-day simple moving average is $13.76. The firm has a market capitalization of $186.39 million, a PE ratio of 2.89 and a beta of 2.90. VanEck Digital Transformation ETF has a fifty-two week low of $7.80 and a fifty-two week high of $20.71.

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.