VanEck Retail ETF (NASDAQ:RTH) Stock Price Up 1.4% – Here’s Why

Shares of VanEck Retail ETF (NASDAQ:RTH) shot up 1.4% on Tuesday. The company traded as high as $255.34 and last traded at $255.34. 3,043 shares traded hands during trading, a decline of 43% from the average session volume of 5,335 shares. The stock had previously closed at $251.91.

VanEck Retail ETF Stock Performance

The company’s fifty day moving average price is $261.52 and its 200-day moving average price is $260.08. The stock has a market cap of $237.47 million, a P/E ratio of 23.92 and a beta of 0.85.

Institutional Trading of VanEck Retail ETF

Institutional investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. bought a new position in shares of VanEck Retail ETF in the fourth quarter worth about $25,000. Union Savings Bank purchased a new stake in shares of VanEck Retail ETF in the 4th quarter worth $50,000. Ameritas Advisory Services LLC bought a new position in shares of VanEck Retail ETF during the 2nd quarter worth $114,000. Monetary Solutions Ltd bought a new position in shares of VanEck Retail ETF during the 4th quarter worth $373,000. Finally, Private Advisor Group LLC increased its stake in shares of VanEck Retail ETF by 5.8% during the first quarter. Private Advisor Group LLC now owns 1,890 shares of the company’s stock valued at $474,000 after buying an additional 104 shares during the period. Institutional investors 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.