VanEck Retail ETF (NASDAQ:RTH) Trading 0.5% Higher – Here’s What Happened

VanEck Retail ETF (NASDAQ:RTH) shares rose 0.5% during mid-day trading on Tuesday . The stock traded as high as $259.73 and last traded at $257.69. 2,206 shares changed hands during trading, a decline of 61% from the average daily volume of 5,720 shares. The stock had previously closed at $256.48.

VanEck Retail ETF Price Performance

The company has a market cap of $248.41 million, a P/E ratio of 23.92 and a beta of 0.85. The stock has a 50-day moving average of $260.38 and a 200 day moving average of $259.48.

Institutional Trading of VanEck Retail ETF

Several large investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. acquired a new position in VanEck Retail ETF in the 4th quarter valued at approximately $25,000. Steward Partners Investment Advisory LLC grew its stake in shares of VanEck Retail ETF by 31.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 165 shares of the company’s stock worth $41,000 after purchasing an additional 39 shares during the last quarter. Union Savings Bank bought a new stake in shares of VanEck Retail ETF in the fourth quarter worth $50,000. Strive Financial Group LLC acquired a new stake in VanEck Retail ETF in the fourth quarter valued at $80,000. Finally, Kestra Advisory Services LLC acquired a new stake in VanEck Retail ETF in the fourth quarter valued at $148,000. Institutional investors and hedge funds 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.