Group One Trading LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) during the first quarter, Holdings Channel reports. The firm acquired 35,075 shares of the company’s stock, valued at approximately $3,087,000.
Several other large investors also recently added to or reduced their stakes in REMX. Sunbelt Securities Inc. purchased a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth about $25,000. Clearstead Advisors LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at about $30,000. Comerica Bank purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at about $30,000. Sound Income Strategies LLC boosted its position in shares of VanEck Rare Earth and Strategic Metals ETF by 856.8% during the 4th 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. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter valued at about $33,000.
VanEck Rare Earth and Strategic Metals ETF Trading Down 1.4%
Shares of NYSEARCA REMX opened at $70.96 on Thursday. VanEck Rare Earth and Strategic Metals ETF has a 12 month low of $48.46 and a 12 month high of $111.55. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31. The business has a 50-day moving average of $89.39 and a 200-day moving average of $91.72.
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.
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