Tcfg Wealth Management LLC Takes Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Tcfg Wealth Management LLC bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 42,444 shares of the company’s stock, valued at approximately $2,794,000. Tcfg Wealth Management LLC owned 0.22% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REMX. NewEdge Advisors LLC purchased a new stake in VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter valued at about $231,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 797.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,984 shares of the company’s stock worth $526,000 after purchasing an additional 7,094 shares during the last quarter. Mariner LLC lifted its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 126.1% during the third quarter. Mariner LLC now owns 19,048 shares of the company’s stock worth $1,254,000 after purchasing an additional 10,624 shares during the period. Moors & Cabot Inc. purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at approximately $211,000. Finally, Creative Planning purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at approximately $244,000.

VanEck Rare Earth and Strategic Metals ETF Trading Up 0.0%

REMX opened at $90.12 on Wednesday. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $32.36 and a 12-month high of $103.68. The firm has a market capitalization of $2.65 billion, a PE ratio of 5.66 and a beta of 1.41. The firm has a 50 day moving average of $91.59 and a two-hundred day moving average of $77.42.

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.