9,013 Shares in VanEck Rare Earth and Strategic Metals ETF $REMX Bought by Terra Nova Asset Management LLC

Terra Nova Asset Management LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 9,013 shares of the company’s stock, valued at approximately $793,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter worth about $2,172,000. Rockefeller Capital Management L.P. raised its position in VanEck Rare Earth and Strategic Metals ETF by 255.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 44,837 shares of the company’s stock valued at $3,314,000 after buying an additional 32,232 shares during the last quarter. Audent Global Asset Management LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at approximately $1,043,000. CFO Capital Management LLC bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at approximately $273,000. Finally, Sunbelt Securities Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at approximately $25,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

NYSEARCA:REMX opened at $95.55 on Monday. VanEck Rare Earth and Strategic Metals ETF has a twelve month low of $38.35 and a twelve month high of $111.55. The business has a 50 day moving average price of $98.56 and a two-hundred day moving average price of $90.32. The company has a market cap of $2.76 billion, a P/E ratio of 5.66 and a beta of 1.29.

About VanEck Rare Earth and Strategic Metals ETF

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.