17,245 Shares in VanEck Rare Earth and Strategic Metals ETF $REMX Bought by Spectrum Strategic Capital Management LLC

Spectrum Strategic Capital Management LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,245 shares of the company’s stock, valued at approximately $1,275,000. Spectrum Strategic Capital Management LLC owned about 0.06% of VanEck Rare Earth and Strategic Metals ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 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. Spire Wealth Management acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $40,000. AE Wealth Management LLC raised its holdings in VanEck Rare Earth and Strategic Metals ETF by 106.9% during the third quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after purchasing an additional 280 shares during the last quarter. Comerica Bank acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the first quarter worth $30,000. Finally, AlphaCore Capital LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the third quarter worth $56,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of REMX stock opened at $96.57 on Monday. The stock has a fifty day moving average price of $95.37 and a 200 day moving average price of $85.78. The stock has a market cap of $2.79 billion, a PE ratio of 5.66 and a beta of 1.33. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $35.72 and a 1 year high of $111.55.

VanEck Rare Earth and Strategic Metals ETF 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.