Raymond James & Associates bought a new stake in VanEck Retail ETF (NASDAQ:RTH – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 2,849 shares of the company’s stock, valued at approximately $536,000.
A number of other hedge funds also recently added to or reduced their stakes in RTH. Money Concepts Capital Corp increased its holdings in shares of VanEck Retail ETF by 2.4% in the 3rd quarter. Money Concepts Capital Corp now owns 3,109 shares of the company’s stock worth $522,000 after acquiring an additional 72 shares during the period. GSA Capital Partners LLP boosted its stake in VanEck Retail ETF by 48.3% during the 3rd quarter. GSA Capital Partners LLP now owns 4,647 shares of the company’s stock valued at $780,000 after purchasing an additional 1,513 shares during the period. NBC Securities Inc. bought a new position in VanEck Retail ETF in the 3rd quarter worth about $84,000. LPL Financial LLC increased its stake in shares of VanEck Retail ETF by 12.9% in the third quarter. LPL Financial LLC now owns 26,292 shares of the company’s stock valued at $4,414,000 after purchasing an additional 2,998 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of VanEck Retail ETF by 202.1% during the third quarter. Tower Research Capital LLC TRC now owns 2,622 shares of the company’s stock valued at $440,000 after buying an additional 1,754 shares during the last quarter. 25.85% of the stock is currently owned by institutional investors.
VanEck Retail ETF Trading Down 0.5 %
Shares of NASDAQ RTH opened at $198.59 on Friday. VanEck Retail ETF has a 12-month low of $161.51 and a 12-month high of $213.07. The company has a market cap of $202.56 million, a PE ratio of 29.09 and a beta of 0.88. The stock has a 50 day simple moving average of $204.97 and a 200-day simple moving average of $189.98.
About VanEck Retail ETF
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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