Clg LLC Invests $4.14 Million in VanEck Rare Earth and Strategic Metals ETF $REMX

Clg LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,010 shares of the company’s stock, valued at approximately $4,137,000. VanEck Rare Earth and Strategic Metals ETF accounts for approximately 1.0% of Clg LLC’s investment portfolio, making the stock its 20th largest holding. Clg LLC owned 0.16% of VanEck Rare Earth and Strategic Metals ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of REMX. LPL Financial LLC raised its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 121.6% during the fourth quarter. LPL Financial LLC now owns 598,454 shares of the company’s stock valued at $44,238,000 after buying an additional 328,393 shares during the last quarter. Quadrature Capital Ltd increased its position in VanEck Rare Earth and Strategic Metals ETF by 104.2% in the 4th quarter. Quadrature Capital Ltd now owns 434,493 shares of the company’s stock valued at $32,118,000 after acquiring an additional 221,698 shares during the period. Bank of America Corp DE increased its position in VanEck Rare Earth and Strategic Metals ETF by 183.3% in the 2nd quarter. Bank of America Corp DE now owns 253,106 shares of the company’s stock valued at $10,271,000 after acquiring an additional 163,753 shares during the period. Wells Fargo & Company MN raised its stake in VanEck Rare Earth and Strategic Metals ETF by 99.1% during the 4th quarter. Wells Fargo & Company MN now owns 234,514 shares of the company’s stock valued at $17,335,000 after acquiring an additional 116,710 shares in the last quarter. Finally, UBS Group AG raised its stake in VanEck Rare Earth and Strategic Metals ETF by 191.1% during the 4th quarter. UBS Group AG now owns 213,309 shares of the company’s stock valued at $15,768,000 after acquiring an additional 140,044 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Down 2.0%

Shares of REMX opened at $69.53 on Friday. The firm has a market capitalization of $2.07 billion, a PE ratio of 5.66 and a beta of 1.31. The firm has a 50-day moving average price of $88.78 and a 200 day moving average price of $91.67. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $48.46 and a 52-week high of $111.55.

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.