VanEck Retail ETF $RTH Stock Position Raised by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in shares of VanEck Retail ETF (NASDAQ:RTH) by 31.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,650 shares of the company’s stock after buying an additional 4,183 shares during the quarter. NewEdge Advisors LLC owned approximately 1.84% of VanEck Retail ETF worth $4,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in RTH. Northwestern Mutual Wealth Management Co. increased its holdings in VanEck Retail ETF by 241.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,617 shares of the company’s stock worth $6,391,000 after buying an additional 18,113 shares during the last quarter. Cetera Investment Advisers lifted its stake in VanEck Retail ETF by 13.9% in the first quarter. Cetera Investment Advisers now owns 23,947 shares of the company’s stock valued at $6,008,000 after acquiring an additional 2,918 shares during the last quarter. Royal Bank of Canada grew its position in VanEck Retail ETF by 584.0% in the first quarter. Royal Bank of Canada now owns 10,212 shares of the company’s stock worth $2,563,000 after acquiring an additional 8,719 shares in the last quarter. Great Diamond Partners LLC grew its position in VanEck Retail ETF by 1.7% in the fourth quarter. Great Diamond Partners LLC now owns 9,546 shares of the company’s stock worth $2,382,000 after acquiring an additional 157 shares in the last quarter. Finally, Aspire Capital Advisors LLC acquired a new position in shares of VanEck Retail ETF during the 2nd quarter worth $1,446,000. Institutional investors own 25.85% of the company’s stock.

VanEck Retail ETF Trading Up 0.8%

VanEck Retail ETF stock opened at $259.57 on Tuesday. The company has a market capitalization of $12.98 million, a P/E ratio of 23.92 and a beta of 0.84. The firm’s fifty day simple moving average is $263.18 and its 200-day simple moving average is $260.74. VanEck Retail ETF has a 1-year low of $242.88 and a 1-year high of $275.19.

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.