International Assets Investment Management LLC Purchases New Position in VanEck Rare Earth and Strategic Metals ETF $REMX

International Assets Investment Management LLC purchased a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,920 shares of the company’s stock, valued at approximately $881,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of REMX. Comerica Bank purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the first quarter valued at $30,000. Sound Income Strategies LLC lifted its position in VanEck Rare Earth and Strategic Metals ETF by 856.8% in the fourth quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock valued at $31,000 after acquiring an additional 377 shares during the last quarter. AE Wealth Management LLC lifted its position in VanEck Rare Earth and Strategic Metals ETF by 106.9% in the third quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock valued at $36,000 after acquiring an additional 280 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in VanEck Rare Earth and Strategic Metals ETF by 74.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock valued at $36,000 after acquiring an additional 379 shares during the last quarter. Finally, Spire Wealth Management purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at $40,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

NYSEARCA REMX opened at $106.38 on Friday. The firm has a market cap of $3.08 billion, a PE ratio of 5.66 and a beta of 1.33. VanEck Rare Earth and Strategic Metals ETF has a one year low of $35.72 and a one year high of $111.55. The firm’s fifty day moving average is $94.67 and its two-hundred day moving average is $84.36.

VanEck Rare Earth and 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.