Clg LLC Buys New Stake in VanEck Rare Earth and Strategic Metals ETF $REMX

Clg LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 47,010 shares of the company’s stock, valued at approximately $4,137,000. VanEck Rare Earth and Strategic Metals ETF accounts for approximately 1.0% of Clg LLC’s holdings, making the stock its 20th biggest position.

Several other institutional investors have also bought and sold shares of REMX. Sunbelt Securities Inc. acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $25,000. Comerica Bank bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 1st quarter worth about $30,000. Clearstead Advisors LLC acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth about $30,000. Sound Income Strategies LLC increased 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 worth $31,000 after purchasing an additional 377 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. bought a new position in 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 2.0%

NYSEARCA:REMX opened at $69.53 on Friday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 5.66 and a beta of 1.31. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $48.46 and a 1 year high of $111.55. The firm has a 50 day moving average of $88.78 and a 200-day moving average of $91.67.

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.