VanEck Retail ETF $RTH Holdings Raised by Royal Bank of Canada

Royal Bank of Canada lifted its position in shares of VanEck Retail ETF (NASDAQ:RTH) by 584.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,212 shares of the company’s stock after acquiring an additional 8,719 shares during the period. Royal Bank of Canada’s holdings in VanEck Retail ETF were worth $2,563,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RTH. Cetera Investment Advisers boosted its holdings in VanEck Retail ETF by 13.9% in the first quarter. Cetera Investment Advisers now owns 23,947 shares of the company’s stock worth $6,008,000 after purchasing an additional 2,918 shares during the period. Private Advisor Group LLC increased its stake in 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 purchasing an additional 104 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of VanEck Retail ETF during the fourth quarter worth $25,000. Union Savings Bank acquired a new stake in shares of VanEck Retail ETF during the fourth quarter worth $50,000. Finally, Monetary Solutions Ltd bought a new position in shares of VanEck Retail ETF in the 4th quarter worth about $373,000. 25.85% of the stock is currently owned by institutional investors.

VanEck Retail ETF Stock Performance

VanEck Retail ETF stock opened at $269.28 on Monday. VanEck Retail ETF has a 1 year low of $242.88 and a 1 year high of $275.19. The firm’s 50-day moving average is $261.02 and its 200-day moving average is $260.77. The company has a market cap of $258.51 million, a P/E ratio of 23.92 and a beta of 0.85.

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.