Kraematon Investment Advisors Inc. trimmed its position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) by 11.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,070 shares of the company’s stock after selling 2,963 shares during the period. Kraematon Investment Advisors Inc. owned about 0.37% of VanEck Rare Earth and Strategic Metals ETF worth $912,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Transce3nd LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth approximately $30,000. SBI Securities Co. Ltd. purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth approximately $88,000. JPMorgan Chase & Co. increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 944.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,871 shares of the company’s stock worth $112,000 after buying an additional 2,596 shares during the period. Mariner LLC increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 11.8% during the fourth quarter. Mariner LLC now owns 7,493 shares of the company’s stock worth $292,000 after buying an additional 790 shares during the period. Finally, Flagstar Advisors Inc. increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 32.8% during the first quarter. Flagstar Advisors Inc. now owns 11,823 shares of the company’s stock worth $467,000 after buying an additional 2,921 shares during the period.
VanEck Rare Earth and Strategic Metals ETF Stock Down 0.9%
Shares of REMX opened at $38.77 on Friday. The stock has a 50 day moving average price of $37.43 and a 200 day moving average price of $40.35. The company has a market capitalization of $279.92 million, a price-to-earnings ratio of 19.68 and a beta of 1.43. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $32.36 and a 52-week high of $51.10.
VanEck Rare Earth and Strategic Metals ETF 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.
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