VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. trimmed its position in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,902 shares of the company’s stock after selling 1,056 shares during the quarter. Flagstar Advisors Inc. owned 0.13% of VanEck Rare Earth/Strategic Metals ETF worth $347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stifel Financial Corp increased its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 2.2% during the third quarter. Stifel Financial Corp now owns 23,653 shares of the company’s stock worth $1,091,000 after acquiring an additional 514 shares during the period. Hansen & Associates Financial Group Inc. acquired a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the fourth quarter worth about $491,000. Empirical Asset Management LLC acquired a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the fourth quarter worth about $1,042,000. 180 Wealth Advisors LLC increased its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 13.0% during the fourth quarter. 180 Wealth Advisors LLC now owns 33,282 shares of the company’s stock worth $1,298,000 after acquiring an additional 3,824 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the third quarter worth about $432,000.

VanEck Rare Earth/Strategic Metals ETF Stock Down 0.7 %

Shares of VanEck Rare Earth/Strategic Metals ETF stock opened at $40.92 on Thursday. VanEck Rare Earth/Strategic Metals ETF has a 52-week low of $36.01 and a 52-week high of $57.05. The company’s 50-day simple moving average is $41.11 and its 200-day simple moving average is $42.74. The firm has a market cap of $272.94 million, a price-to-earnings ratio of 6.14 and a beta of 1.39.

VanEck Rare Earth/Strategic Metals ETF Company Profile

The VanEck Rare Earth\u002FStrategic Metals ETF (REMX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of global companies that mine, refine, or recycle rare earth and strategic metals. REMX was launched on Oct 27, 2010 and is managed by VanEck.