VanEck Retail ETF $RTH Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its stake in shares of VanEck Retail ETF (NASDAQ:RTH) by 584.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,212 shares of the company’s stock after buying an additional 8,719 shares during the quarter. Royal Bank of Canada owned 1.04% of VanEck Retail ETF worth $2,563,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RTH. Cetera Investment Advisers grew its position in VanEck Retail ETF by 13.9% in the first quarter. Cetera Investment Advisers now owns 23,947 shares of the company’s stock valued at $6,008,000 after acquiring an additional 2,918 shares in the last quarter. Private Advisor Group LLC lifted its position 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 worth $474,000 after purchasing an additional 104 shares in the last quarter. Rockefeller Capital Management L.P. acquired a new position in shares of VanEck Retail ETF during the fourth quarter worth $25,000. Union Savings Bank purchased a new position in shares of VanEck Retail ETF in the fourth quarter valued at $50,000. Finally, Monetary Solutions Ltd purchased a new position in shares of VanEck Retail ETF in the fourth quarter valued at $373,000. 25.85% of the stock is owned by institutional investors and hedge funds.

VanEck Retail ETF Trading Up 0.1%

RTH opened at $269.28 on Monday. The company has a fifty day simple moving average of $261.02 and a 200 day simple moving average of $260.77. The firm has a market cap of $258.51 million, a price-to-earnings ratio of 23.92 and a beta of 0.85. VanEck Retail ETF has a twelve month low of $242.88 and a twelve month high of $275.19.

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.