Csenge Advisory Group Buys Shares of 7,904 VanEck Rare Earth and Strategic Metals ETF $REMX

Csenge Advisory Group bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,904 shares of the company’s stock, valued at approximately $584,000.

Other institutional investors also recently bought and sold shares of the company. Compound Planning Inc. bought a new position in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at about $549,000. Wealthcare Capital Partners LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $480,000. Leo Wealth LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $483,000. Florin Court Capital LLP bought a new position in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at about $770,000. Finally, Fortis Group Advisors LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at about $1,772,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

REMX stock opened at $95.70 on Friday. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $35.72 and a fifty-two week high of $111.55. The business’s 50-day moving average is $95.39 and its two-hundred day moving average is $86.47. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 5.66 and a beta of 1.33.

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.