Northwestern Mutual Wealth Management Co. lifted its stake in shares of VanEck Retail ETF (NASDAQ:RTH – Free Report) by 10.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,303 shares of the company’s stock after buying an additional 318 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.32% of VanEck Retail ETF worth $680,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of the stock. WESPAC Advisors SoCal LLC acquired a new position in VanEck Retail ETF during the 1st quarter valued at approximately $499,000. Private Advisor Group LLC raised its position in shares of VanEck Retail ETF by 15.4% during the first quarter. Private Advisor Group LLC now owns 1,768 shares of the company’s stock worth $373,000 after purchasing an additional 236 shares during the period. WBI Investments LLC acquired a new stake in VanEck Retail ETF during the 1st quarter valued at $452,000. Cetera Investment Advisers acquired a new stake in VanEck Retail ETF during the first quarter valued at $2,979,000. Finally, Bright Futures Wealth Management LLC. bought a new position in VanEck Retail ETF during the first quarter valued at approximately $441,000. 25.85% of the stock is currently owned by hedge funds and other institutional investors.
VanEck Retail ETF Stock Performance
Shares of NASDAQ RTH opened at $216.41 on Tuesday. The business’s 50-day simple moving average is $208.80 and its 200-day simple moving average is $205.73. VanEck Retail ETF has a 52 week low of $162.97 and a 52 week high of $219.22. The firm has a market cap of $220.74 million, a price-to-earnings ratio of 29.36 and a beta of 0.88.
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.
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