VanEck Retail ETF (NASDAQ:RTH – Get Free Report)’s share price was up 0.5% during trading on Monday . The company traded as high as $261.97 and last traded at $261.74. Approximately 1,097 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 5,857 shares. The stock had previously closed at $260.31.
VanEck Retail ETF Stock Performance
The stock has a fifty day moving average of $262.61 and a 200 day moving average of $259.20. The company has a market capitalization of $256.51 million, a P/E ratio of 23.92 and a beta of 0.85.
Hedge Funds Weigh In On VanEck Retail ETF
A number of institutional investors have recently bought and sold shares of RTH. Royal Bank of Canada raised its holdings in VanEck Retail ETF by 584.0% during the first quarter. Royal Bank of Canada now owns 10,212 shares of the company’s stock valued at $2,563,000 after acquiring an additional 8,719 shares during the period. Cetera Investment Advisers raised its holdings in VanEck Retail ETF by 13.9% during the first quarter. Cetera Investment Advisers now owns 23,947 shares of the company’s stock valued at $6,008,000 after acquiring an additional 2,918 shares during the period. Private Advisor Group LLC raised its holdings in VanEck Retail ETF by 5.8% during the first quarter. Private Advisor Group LLC now owns 1,890 shares of the company’s stock valued at $474,000 after acquiring an additional 104 shares during the period. Rockefeller Capital Management L.P. bought a new stake in VanEck Retail ETF during the fourth quarter valued at about $25,000. Finally, Union Savings Bank bought a new stake in VanEck Retail ETF during the fourth quarter valued at about $50,000. 25.85% of the stock is owned by institutional investors.
VanEck Retail ETF Company Profile
The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.
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