Investor s Fiduciary Advisor Network LLC Acquires New Position in VanEck Retail ETF (NASDAQ:RTH)

Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of VanEck Retail ETF (NASDAQ:RTH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 910 shares of the company’s stock, valued at approximately $204,000. Investor s Fiduciary Advisor Network LLC owned approximately 0.09% of VanEck Retail ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RTH. Cetera Investment Advisers raised its holdings in shares of VanEck Retail ETF by 13.1% in the 4th quarter. Cetera Investment Advisers now owns 17,145 shares of the company’s stock valued at $3,844,000 after purchasing an additional 1,981 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of VanEck Retail ETF by 4.5% in the 4th quarter. Bank of America Corp DE now owns 40,508 shares of the company’s stock valued at $9,082,000 after purchasing an additional 1,732 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of VanEck Retail ETF in the 4th quarter valued at about $318,000. Envestnet Asset Management Inc. raised its holdings in shares of VanEck Retail ETF by 3.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,816 shares of the company’s stock valued at $1,080,000 after purchasing an additional 141 shares in the last quarter. Finally, OLD Mission Capital LLC raised its holdings in shares of VanEck Retail ETF by 302.8% in the 4th quarter. OLD Mission Capital LLC now owns 5,241 shares of the company’s stock valued at $1,175,000 after purchasing an additional 3,940 shares in the last quarter. Institutional investors own 25.85% of the company’s stock.

VanEck Retail ETF Stock Performance

NASDAQ:RTH opened at $229.49 on Monday. VanEck Retail ETF has a one year low of $195.37 and a one year high of $242.93. The firm has a market cap of $238.67 million, a P/E ratio of 26.66 and a beta of 0.88. The firm has a 50-day simple moving average of $223.50 and a 200-day simple moving average of $228.23.

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.