VanEck Retail ETF (NASDAQ:RTH – Get Rating) shares dropped 0.1% during mid-day trading on Wednesday . The company traded as low as $164.28 and last traded at $164.72. Approximately 3,417 shares changed hands during trading, a decline of 26% from the average daily volume of 4,631 shares. The stock had previously closed at $164.96.
VanEck Retail ETF Stock Performance
The stock has a fifty day moving average of $165.32 and a 200-day moving average of $162.21. The company has a market cap of $151.97 million, a PE ratio of 24.26 and a beta of 0.88.
Institutional Investors Weigh In On VanEck Retail ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC lifted its holdings in VanEck Retail ETF by 3.2% during the 1st quarter. Advisory Services Network LLC now owns 6,911 shares of the company’s stock valued at $1,130,000 after buying an additional 215 shares in the last quarter. Equitable Holdings Inc. increased its holdings in VanEck Retail ETF by 3.6% during the 1st quarter. Equitable Holdings Inc. now owns 2,384 shares of the company’s stock worth $390,000 after purchasing an additional 83 shares during the period. Flow Traders U.S. LLC purchased a new position in VanEck Retail ETF during the 1st quarter worth $465,000. UBS Group AG increased its holdings in VanEck Retail ETF by 100.6% during the 1st quarter. UBS Group AG now owns 5,638 shares of the company’s stock worth $921,000 after purchasing an additional 2,828 shares during the period. Finally, Investors Research Corp increased its holdings in VanEck Retail ETF by 3.6% during the 1st quarter. Investors Research Corp now owns 2,826 shares of the company’s stock worth $462,000 after purchasing an additional 98 shares during the period. Institutional investors own 40.79% of the company’s stock.
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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