Nations Financial Group Inc. IA ADV bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) in the first quarter, HoldingsChannel.com reports. The firm bought 24,679 shares of the company’s stock, valued at approximately $2,172,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sunbelt Securities Inc. bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 4th quarter worth $25,000. Clearstead Advisors LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth $30,000. Comerica Bank purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 1st quarter worth $30,000. Sound Income Strategies LLC boosted its position 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 valued at $31,000 after purchasing an additional 377 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at about $33,000.
VanEck Rare Earth and Strategic Metals ETF Price Performance
REMX opened at $95.55 on Monday. The business’s 50-day moving average is $98.56 and its two-hundred day moving average is $90.32. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $38.35 and a 1 year high of $111.55. The firm has a market capitalization of $2.76 billion, a PE 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.
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