Prospera Financial Services Inc Takes $732,000 Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Prospera Financial Services Inc bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 11,119 shares of the company’s stock, valued at approximately $732,000. Prospera Financial Services Inc owned approximately 0.06% of VanEck Rare Earth and Strategic Metals ETF as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in VanEck Rare Earth and Strategic Metals ETF by 183.3% during the 2nd quarter. Bank of America Corp DE now owns 253,106 shares of the company’s stock valued at $10,271,000 after purchasing an additional 163,753 shares in the last quarter. Avalon Capital Management bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter worth about $5,911,000. Ashford Capital Management Inc. acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the 2nd quarter valued at about $2,691,000. SG Americas Securities LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the third quarter worth about $3,384,000. Finally, Jane Street Group LLC lifted its position in shares of VanEck Rare Earth and Strategic Metals ETF by 93.5% during the second quarter. Jane Street Group LLC now owns 73,730 shares of the company’s stock worth $2,992,000 after purchasing an additional 35,635 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Price Performance

REMX opened at $89.70 on Monday. The stock has a market capitalization of $2.64 billion, a P/E ratio of 5.66 and a beta of 1.41. The company’s 50 day simple moving average is $83.12 and its 200-day simple moving average is $71.65. VanEck Rare Earth and Strategic Metals ETF has a one year low of $32.36 and a one year high of $102.40.

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.