VanEck Rare Earth and Strategic Metals ETF $REMX Stock Sold by Asset One Wealth Management LLC

Asset One Wealth Management LLC cut its holdings in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 35.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,506 shares of the company’s stock after selling 41,182 shares during the quarter. Asset One Wealth Management LLC owned 0.26% of VanEck Rare Earth and Strategic Metals ETF worth $4,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Freemont Management S.A. purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth $1,921,000. Pekin Hardy Strauss Inc. purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth approximately $225,000. Commonwealth Equity Services LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the third quarter worth $2,937,000. Integrity Alliance LLC. acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the third quarter worth approximately $912,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the third quarter valued at $72,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

REMX opened at $51.40 on Friday. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $49.35 and a 52-week high of $111.55. The stock’s 50 day moving average price is $62.68 and its 200-day moving average price is $82.51. The stock has a market capitalization of $1.46 billion, a PE ratio of 5.66 and a beta of 1.31.

VanEck Rare Earth and Strategic Metals ETF Company 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.