Geneos Wealth Management Inc. Has $2.06 Million Position in VanEck Digital Transformation ETF $DAPP

Geneos Wealth Management Inc. lessened its holdings in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) by 23.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 94,614 shares of the company’s stock after selling 29,782 shares during the period. Geneos Wealth Management Inc. owned 0.60% of VanEck Digital Transformation ETF worth $2,058,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Forefront Wealth Partners LLC bought a new position in shares of VanEck Digital Transformation ETF in the 3rd quarter worth $454,000. JP Wealth Management Inc. bought a new stake in VanEck Digital Transformation ETF in the third quarter valued at about $5,863,000. Client First Investment Management LLC acquired a new position in VanEck Digital Transformation ETF in the third quarter valued at about $1,419,000. Orion Porfolio Solutions LLC lifted its stake in VanEck Digital Transformation ETF by 37.2% in the second quarter. Orion Porfolio Solutions LLC now owns 56,230 shares of the company’s stock valued at $931,000 after buying an additional 15,255 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in VanEck Digital Transformation ETF during the second quarter worth about $414,000.

VanEck Digital Transformation ETF Price Performance

Shares of DAPP stock opened at $18.68 on Thursday. The stock has a market cap of $344.65 million, a PE ratio of 2.89 and a beta of 3.50. The stock has a 50-day moving average of $18.86 and a 200-day moving average of $19.33. VanEck Digital Transformation ETF has a one year low of $7.80 and a one year high of $27.49.

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.