VanEck Retail ETF (NASDAQ:RTH) Trading Up 0.5% – What’s Next?

VanEck Retail ETF (NASDAQ:RTH) was up 0.5% during trading on Monday . The stock traded as high as $261.97 and last traded at $261.74. Approximately 1,097 shares were traded during trading, a decline of 81% from the average daily volume of 5,857 shares. The stock had previously closed at $260.31.

VanEck Retail ETF Stock Performance

The company has a market capitalization of $250.34 million, a PE ratio of 23.92 and a beta of 0.85. The firm’s 50-day simple moving average is $262.83 and its 200 day simple moving average is $259.26.

Institutional Investors Weigh In On VanEck Retail ETF

Several institutional investors have recently made changes to their positions in RTH. Rockefeller Capital Management L.P. purchased a new stake in shares of VanEck Retail ETF during the 4th quarter worth $25,000. Steward Partners Investment Advisory LLC boosted its position in shares of VanEck Retail ETF by 31.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 165 shares of the company’s stock worth $41,000 after buying an additional 39 shares in the last quarter. Union Savings Bank purchased a new stake in shares of VanEck Retail ETF in the 4th quarter worth about $50,000. Strive Financial Group LLC purchased a new stake in shares of VanEck Retail ETF in the 4th quarter worth about $80,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of VanEck Retail ETF in the 4th quarter worth about $148,000. 25.85% of the stock is currently owned by hedge funds and other institutional investors.

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.