VanEck Rare Earth and Strategic Metals ETF $REMX Stock Acquired by HBW Advisory Services LLC

HBW Advisory Services LLC grew its holdings in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 19.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,857 shares of the company’s stock after acquiring an additional 11,458 shares during the period. HBW Advisory Services LLC owned 0.25% of VanEck Rare Earth and Strategic Metals ETF worth $4,618,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Renaissancere Holdings Ltd. bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 1st quarter valued at $46,905,000. CapWealth Advisors LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth $12,679,000. Bank of America Corp DE lifted its position in VanEck Rare Earth and Strategic Metals ETF by 72.1% during the first quarter. Bank of America Corp DE now owns 427,651 shares of the company’s stock valued at $37,633,000 after purchasing an additional 179,182 shares in the last quarter. Asset One Wealth Management LLC purchased a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at $6,989,000. Finally, Royal Bank of Canada lifted its position in VanEck Rare Earth and Strategic Metals ETF by 45.6% during the first quarter. Royal Bank of Canada now owns 193,125 shares of the company’s stock valued at $16,995,000 after purchasing an additional 60,459 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

NYSEARCA:REMX opened at $55.78 on Thursday. The stock has a 50-day simple moving average of $71.21 and a two-hundred day simple moving average of $83.48. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $55.40 and a 52-week high of $111.55. The firm has a market capitalization of $1.60 billion, a PE ratio of 5.66 and a beta of 1.31.

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.