Green Ridge Wealth Planning LLC Purchases Shares of 14,438 VanEck Rare Earth and Strategic Metals ETF $REMX

Green Ridge Wealth Planning LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,438 shares of the company’s stock, valued at approximately $1,278,000.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in VanEck Rare Earth and Strategic Metals ETF by 121.6% during the fourth quarter. LPL Financial LLC now owns 598,454 shares of the company’s stock valued at $44,238,000 after buying an additional 328,393 shares during the period. Renaissancere Holdings Ltd. bought a new position in VanEck Rare Earth and Strategic Metals ETF in the first quarter worth approximately $46,905,000. Quadrature Capital Ltd raised its position in VanEck Rare Earth and Strategic Metals ETF by 104.2% in the fourth quarter. Quadrature Capital Ltd now owns 434,493 shares of the company’s stock worth $32,118,000 after acquiring an additional 221,698 shares during the period. Bank of America Corp DE boosted its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 72.1% during the 1st quarter. Bank of America Corp DE now owns 427,651 shares of the company’s stock worth $37,633,000 after acquiring an additional 179,182 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 99.1% during the 4th quarter. Wells Fargo & Company MN now owns 234,514 shares of the company’s stock worth $17,335,000 after acquiring an additional 116,710 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Price Performance

NYSEARCA:REMX opened at $77.04 on Friday. VanEck Rare Earth and Strategic Metals ETF has a one year low of $53.85 and a one year high of $111.55. The business has a fifty day moving average price of $82.69 and a 200-day moving average price of $90.30. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31.

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.