Envestnet Asset Management Inc. Has $1.12 Million Holdings in VanEck Retail ETF $RTH

Envestnet Asset Management Inc. increased its position in shares of VanEck Retail ETF (NASDAQ:RTH) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,701 shares of the company’s stock after purchasing an additional 252 shares during the quarter. Envestnet Asset Management Inc.’s holdings in VanEck Retail ETF were worth $1,122,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of VanEck Retail ETF by 42.0% during the 1st quarter. LPL Financial LLC now owns 68,999 shares of the company’s stock worth $15,578,000 after acquiring an additional 20,409 shares during the period. Integrity Alliance LLC. acquired a new position in VanEck Retail ETF during the first quarter valued at approximately $768,000. Optima Capital LLC raised its position in VanEck Retail ETF by 38.9% during the first quarter. Optima Capital LLC now owns 3,877 shares of the company’s stock valued at $875,000 after purchasing an additional 1,085 shares in the last quarter. Cetera Investment Advisers lifted its stake in VanEck Retail ETF by 11.3% during the first quarter. Cetera Investment Advisers now owns 19,076 shares of the company’s stock worth $4,307,000 after purchasing an additional 1,931 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of VanEck Retail ETF by 11,401.2% in the 1st quarter. Jones Financial Companies Lllp now owns 47,845 shares of the company’s stock valued at $10,802,000 after purchasing an additional 47,429 shares in the last quarter. 25.85% of the stock is owned by institutional investors.

VanEck Retail ETF Stock Performance

Shares of RTH opened at $247.88 on Friday. VanEck Retail ETF has a 52-week low of $206.24 and a 52-week high of $255.74. The firm has a market cap of $252.84 million, a price-to-earnings ratio of 23.92 and a beta of 0.89. The business’s fifty day moving average is $249.50 and its 200-day moving average is $243.50.

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.