LPL Financial LLC Has $15.58 Million Holdings in VanEck Retail ETF (NASDAQ:RTH)

LPL Financial LLC lifted its position in VanEck Retail ETF (NASDAQ:RTH) by 42.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,999 shares of the company’s stock after buying an additional 20,409 shares during the quarter. LPL Financial LLC owned about 6.63% of VanEck Retail ETF worth $15,578,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in VanEck Retail ETF during the first quarter worth about $114,000. Investor s Fiduciary Advisor Network LLC bought a new stake in VanEck Retail ETF in the fourth quarter valued at approximately $204,000. Raymond James Financial Inc. bought a new position in shares of VanEck Retail ETF during the 4th quarter worth approximately $318,000. AE Wealth Management LLC boosted its holdings in shares of VanEck Retail ETF by 11.6% during the 1st quarter. AE Wealth Management LLC now owns 1,478 shares of the company’s stock worth $334,000 after buying an additional 154 shares in the last quarter. Finally, CX Institutional bought a new position in shares of VanEck Retail ETF in the 1st quarter worth $361,000. 25.85% of the stock is owned by institutional investors.

VanEck Retail ETF Price Performance

Shares of VanEck Retail ETF stock opened at $245.70 on Thursday. VanEck Retail ETF has a 1 year low of $196.29 and a 1 year high of $245.83. The firm has a market cap of $253.07 million, a PE ratio of 23.92 and a beta of 0.88. The stock has a fifty day moving average price of $237.97 and a 200-day moving average price of $232.58.

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.