PFG Investments LLC Buys Shares of 1,360 VanEck Retail ETF (NASDAQ:RTH)

PFG Investments LLC bought a new stake in shares of VanEck Retail ETF (NASDAQ:RTH) in the third quarter, Holdings Channel reports. The fund bought 1,360 shares of the company’s stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cetera Investment Advisers increased its stake in shares of VanEck Retail ETF by 7.0% during the second quarter. Cetera Investment Advisers now owns 15,107 shares of the company’s stock valued at $3,108,000 after purchasing an additional 991 shares in the last quarter. JBR Co Financial Management Inc increased its stake in shares of VanEck Retail ETF by 5.9% during the third quarter. JBR Co Financial Management Inc now owns 3,702 shares of the company’s stock valued at $808,000 after purchasing an additional 206 shares in the last quarter. Keystone Wealth Services LLC bought a new position in shares of VanEck Retail ETF during the third quarter valued at approximately $750,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of VanEck Retail ETF by 10.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,303 shares of the company’s stock valued at $680,000 after purchasing an additional 318 shares in the last quarter. Finally, WBI Investments LLC increased its stake in shares of VanEck Retail ETF by 30.3% during the second quarter. WBI Investments LLC now owns 2,791 shares of the company’s stock valued at $574,000 after purchasing an additional 649 shares in the last quarter. Institutional investors own 25.85% of the company’s stock.

VanEck Retail ETF Stock Down 0.3 %

Shares of RTH opened at $215.62 on Thursday. The company has a market capitalization of $219.93 million, a P/E ratio of 29.36 and a beta of 0.88. The firm has a 50 day moving average of $214.39 and a 200 day moving average of $207.13. VanEck Retail ETF has a twelve month low of $166.88 and a twelve month high of $221.97.

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.