VanEck Retail ETF (NASDAQ:RTH) Trading Up 0.7% – Should You Buy?

Shares of VanEck Retail ETF (NASDAQ:RTH) traded up 0.7% during 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 Up 0.7 %

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

VanEck Retail ETF Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. FMR LLC raised its holdings in VanEck Retail ETF by 19.9% during the 3rd 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 period. AE Wealth Management LLC grew its position in shares of VanEck Retail ETF by 17.8% in the second 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 in the last quarter. PFG Investments LLC bought a new stake in shares of VanEck Retail ETF during the 3rd quarter valued at $297,000. MML Investors Services LLC lifted its holdings 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 worth about $377,000. 25.85% of the stock is 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.