Stratos Wealth Partners LTD. Buys New Holdings in VanEck Digital Transformation ETF $DAPP

Stratos Wealth Partners LTD. purchased a new position in VanEck Digital Transformation ETF (NASDAQ:DAPP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,641 shares of the company’s stock, valued at approximately $689,000. Stratos Wealth Partners LTD. owned approximately 0.29% of VanEck Digital Transformation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in DAPP. Banque Cantonale Vaudoise acquired a new position in shares of VanEck Digital Transformation ETF during the first quarter worth approximately $35,000. Golden State Wealth Management LLC increased its stake in VanEck Digital Transformation ETF by 103.0% during the 1st quarter. Golden State Wealth Management LLC now owns 8,418 shares of the company’s stock valued at $76,000 after purchasing an additional 4,271 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in VanEck Digital Transformation ETF during the second quarter worth $116,000. Private Advisor Group LLC bought a new position in shares of VanEck Digital Transformation ETF in the first quarter valued at $124,000. Finally, Flagship Harbor Advisors LLC grew its holdings in shares of VanEck Digital Transformation ETF by 66.3% during the first quarter. Flagship Harbor Advisors LLC now owns 17,300 shares of the company’s stock valued at $156,000 after buying an additional 6,895 shares during the last quarter.

VanEck Digital Transformation ETF Price Performance

NASDAQ:DAPP opened at $22.63 on Thursday. VanEck Digital Transformation ETF has a one year low of $7.80 and a one year high of $27.49. The company has a market cap of $354.16 million, a PE ratio of 2.89 and a beta of 2.90. The firm has a 50-day moving average of $20.79 and a 200-day moving average of $16.43.

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.