SG Americas Securities LLC trimmed its stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) by 14.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,212 shares of the company’s stock after selling 7,196 shares during the period. SG Americas Securities LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $3,268,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Compound Planning Inc. bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth $549,000. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter valued at $930,000. Avalon Capital Management bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter worth $5,911,000. Florin Court Capital LLP bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter worth $770,000. Finally, Ashford Capital Management Inc. purchased a new position in VanEck Rare Earth and Strategic Metals ETF in the second quarter worth $2,691,000.
VanEck Rare Earth and Strategic Metals ETF Stock Up 0.4%
REMX opened at $88.90 on Friday. The stock has a market cap of $2.63 billion, a PE ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $32.36 and a 52 week high of $103.68. The business’s fifty day simple moving average is $90.77 and its 200 day simple moving average is $79.30.
About VanEck Rare Earth and Strategic Metals ETF
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.
Further Reading
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