VanEck Retail ETF (NASDAQ:RTH) Trading Up 0.7% – Here’s What Happened

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

VanEck Retail ETF Stock Up 0.7 %

The firm has a market capitalization of $223.13 million, a P/E ratio of 29.36 and a beta of 0.88. The business’s 50 day moving average is $228.77 and its 200-day moving average is $216.97.

VanEck Retail ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a $1.732 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of VanEck Retail ETF

Institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC grew its position in VanEck Retail ETF by 19.9% in the third quarter. FMR LLC now owns 1,128 shares of the company’s stock valued at $246,000 after acquiring an additional 187 shares during the last quarter. PFG Investments LLC bought a new stake in shares of VanEck Retail ETF during the 3rd quarter valued at approximately $297,000. AE Wealth Management LLC grew its holdings in shares of VanEck Retail ETF by 17.8% during the 2nd quarter. AE Wealth Management LLC now owns 1,389 shares of the company’s stock valued at $286,000 after purchasing an additional 210 shares during the last quarter. MML Investors Services LLC increased its position in VanEck Retail ETF by 18.8% during the 3rd quarter. MML Investors Services LLC now owns 1,557 shares of the company’s stock worth $340,000 after purchasing an additional 246 shares in the last quarter. Finally, CX Institutional bought a new position in VanEck Retail ETF in the 3rd quarter valued at approximately $377,000. 25.85% of the stock is currently owned by 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.