VanEck Retail ETF (NASDAQ:RTH) Trading 0.7% Higher – What’s Next?

VanEck Retail ETF (NASDAQ:RTH) shares shot up 0.7% during mid-day trading on Wednesday . The stock traded as high as $228.92 and last traded at $227.68. 3,125 shares were traded during mid-day trading, a decline of 46% from the average session volume of 5,781 shares. The stock had previously closed at $226.07.

VanEck Retail ETF Stock Performance

The company has a market cap of $226.13 million, a price-to-earnings ratio of 29.36 and a beta of 0.88. The business has a fifty day moving average price of $228.87 and a 200 day moving average price of $217.12.

VanEck Retail ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a dividend of $1.732 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of VanEck Retail ETF

Hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its holdings in shares of VanEck Retail ETF by 7.0% during the 2nd quarter. Cetera Investment Advisers now owns 15,107 shares of the company’s stock valued at $3,108,000 after acquiring an additional 991 shares in the last quarter. Great Diamond Partners LLC bought a new position in VanEck Retail ETF in the third quarter valued at about $1,915,000. Park Avenue Securities LLC acquired a new stake in shares of VanEck Retail ETF during the fourth quarter valued at about $1,503,000. Comprehensive Wealth Management LLC grew its holdings in shares of VanEck Retail ETF by 6.0% during the third quarter. Comprehensive Wealth Management LLC now owns 4,914 shares of the company’s stock worth $1,072,000 after purchasing an additional 279 shares during the last quarter. Finally, JBR Co Financial Management Inc increased its stake in shares of VanEck Retail ETF by 5.9% in the third quarter. JBR Co Financial Management Inc now owns 3,702 shares of the company’s stock valued at $808,000 after buying an additional 206 shares during the period. Institutional investors and hedge funds own 25.85% of the company’s stock.

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.