Cetera Investment Advisers Has $4.28 Million Stock Position in VanEck Retail ETF $RTH

Cetera Investment Advisers lowered its stake in shares of VanEck Retail ETF (NASDAQ:RTH) by 5.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,951 shares of the company’s stock after selling 1,125 shares during the quarter. Cetera Investment Advisers owned approximately 1.74% of VanEck Retail ETF worth $4,284,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Jones Financial Companies Lllp increased its holdings in shares of VanEck Retail ETF by 11,401.2% in the first quarter. Jones Financial Companies Lllp now owns 47,845 shares of the company’s stock valued at $10,802,000 after purchasing an additional 47,429 shares in the last quarter. LPL Financial LLC boosted its position in VanEck Retail ETF by 42.0% in the 1st quarter. LPL Financial LLC now owns 68,999 shares of the company’s stock valued at $15,578,000 after buying an additional 20,409 shares during the last quarter. Belpointe Asset Management LLC bought a new position in VanEck Retail ETF in the 1st quarter valued at $889,000. Integrity Alliance LLC. acquired a new stake in shares of VanEck Retail ETF in the 1st quarter valued at $768,000. Finally, Optima Capital LLC lifted its stake in shares of VanEck Retail ETF by 38.9% during the first quarter. Optima Capital LLC now owns 3,877 shares of the company’s stock valued at $875,000 after acquiring an additional 1,085 shares during the period. 25.85% of the stock is currently owned by institutional investors and hedge funds.

VanEck Retail ETF Trading Up 2.2%

Shares of NASDAQ:RTH opened at $252.76 on Wednesday. VanEck Retail ETF has a 1-year low of $206.24 and a 1-year high of $255.74. The stock has a market capitalization of $257.82 million, a P/E ratio of 23.92 and a beta of 0.89. The business has a 50-day moving average price of $249.42 and a two-hundred day moving average price of $243.99.

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.