Cambridge Investment Research Advisors Inc. Cuts Holdings in VanEck Retail ETF (NASDAQ:RTH)

Cambridge Investment Research Advisors Inc. reduced its position in VanEck Retail ETF (NASDAQ:RTH) by 7.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,068 shares of the company’s stock after selling 155 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.20% of VanEck Retail ETF worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Modern Wealth Management LLC purchased a new position in VanEck Retail ETF in the fourth quarter valued at about $1,816,000. LPL Financial LLC raised its position in VanEck Retail ETF by 11.8% in the fourth quarter. LPL Financial LLC now owns 48,590 shares of the company’s stock valued at $10,894,000 after purchasing an additional 5,121 shares during the period. OLD Mission Capital LLC raised its position in VanEck Retail ETF by 302.8% in the fourth quarter. OLD Mission Capital LLC now owns 5,241 shares of the company’s stock valued at $1,175,000 after purchasing an additional 3,940 shares during the period. Cetera Investment Advisers raised its position in VanEck Retail ETF by 13.1% in the fourth quarter. Cetera Investment Advisers now owns 17,145 shares of the company’s stock valued at $3,844,000 after purchasing an additional 1,981 shares during the period. Finally, Bank of America Corp DE raised its position in VanEck Retail ETF by 4.5% in the fourth quarter. Bank of America Corp DE now owns 40,508 shares of the company’s stock valued at $9,082,000 after purchasing an additional 1,732 shares during the period. 25.85% of the stock is owned by hedge funds and other institutional investors.

VanEck Retail ETF Price Performance

NASDAQ:RTH opened at $239.21 on Friday. The business’s 50-day moving average is $235.25 and its two-hundred day moving average is $230.81. VanEck Retail ETF has a 12 month low of $195.37 and a 12 month high of $242.93. The firm has a market capitalization of $246.38 million, a PE ratio of 23.92 and a beta of 0.88.

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.