Wealthcare Advisory Partners LLC Boosts Stock Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

Wealthcare Advisory Partners LLC raised its stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 9.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 114,439 shares of the company’s stock after buying an additional 9,898 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $10,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sunbelt Securities Inc. acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 4th quarter worth approximately $25,000. Clearstead Advisors LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $30,000. Sound Income Strategies LLC raised its holdings in VanEck Rare Earth and Strategic Metals ETF by 856.8% during the fourth quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock worth $31,000 after purchasing an additional 377 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $33,000. Finally, Consultiva Wealth Management CORP. purchased a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $37,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

VanEck Rare Earth and Strategic Metals ETF stock opened at $78.45 on Tuesday. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $56.01 and a fifty-two week high of $111.55. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31. The stock’s fifty day moving average is $82.27 and its two-hundred day moving average is $90.23.

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.