JBR Co Financial Management Inc Has $1.58 Million Stake in VanEck Retail ETF (NASDAQ:RTH)

JBR Co Financial Management Inc increased its holdings in VanEck Retail ETF (NASDAQ:RTH) by 90.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,047 shares of the company’s stock after buying an additional 3,345 shares during the period. JBR Co Financial Management Inc’s holdings in VanEck Retail ETF were worth $1,580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Great Diamond Partners LLC raised its position in shares of VanEck Retail ETF by 0.6% in the fourth quarter. Great Diamond Partners LLC now owns 8,831 shares of the company’s stock valued at $1,980,000 after buying an additional 53 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of VanEck Retail ETF in the fourth quarter valued at approximately $1,503,000. Comprehensive Wealth Management LLC increased its stake in VanEck Retail ETF by 6.0% in the third quarter. Comprehensive Wealth Management LLC now owns 4,914 shares of the company’s stock valued at $1,072,000 after acquiring an additional 279 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in VanEck Retail ETF by 21.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 2,729 shares of the company’s stock valued at $612,000 after acquiring an additional 485 shares during the last quarter. Finally, Q3 Asset Management bought a new position in VanEck Retail ETF in the fourth quarter valued at approximately $371,000. 25.85% of the stock is currently owned by institutional investors and hedge funds.

VanEck Retail ETF Price Performance

Shares of NASDAQ:RTH opened at $232.89 on Friday. The company’s 50 day simple moving average is $233.04 and its 200 day simple moving average is $223.16. The stock has a market capitalization of $230.56 million, a price-to-earnings ratio of 29.36 and a beta of 0.88. VanEck Retail ETF has a 1 year low of $195.37 and a 1 year high of $242.93.

VanEck Retail ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.732 dividend. The ex-dividend date was Monday, December 23rd.

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.