Shares of VanEck Retail ETF (NASDAQ:RTH – Get Free Report) fell 0.1% during mid-day trading on Wednesday . The company traded as low as $253.01 and last traded at $252.9980. 2,640 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 4,927 shares. The stock had previously closed at $253.15.
VanEck Retail ETF Trading Down 0.1%
The business’s fifty day simple moving average is $250.98 and its 200 day simple moving average is $246.13. The stock has a market cap of $258.06 million, a price-to-earnings ratio of 23.92 and a beta of 0.89.
Institutional Investors Weigh In On VanEck Retail ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in 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 worth $10,802,000 after purchasing an additional 47,429 shares during the period. NewEdge Advisors LLC grew its holdings in shares of VanEck Retail ETF by 29,984.1% in the 3rd quarter. NewEdge Advisors LLC now owns 13,237 shares of the company’s stock valued at $3,321,000 after buying an additional 13,193 shares during the period. Citadel Advisors LLC bought a new stake in shares of VanEck Retail ETF in the third quarter worth about $2,057,000. Guerra Advisors Inc acquired a new stake in shares of VanEck Retail ETF during the third quarter worth about $1,513,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of VanEck Retail ETF during the third quarter worth about $1,209,000. Institutional investors own 25.85% 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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