Green Ridge Wealth Planning LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,438 shares of the company’s stock, valued at approximately $1,278,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissancere Holdings Ltd. bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter worth about $46,905,000. LPL Financial LLC lifted its stake in VanEck Rare Earth and Strategic Metals ETF by 121.6% during the 4th quarter. LPL Financial LLC now owns 598,454 shares of the company’s stock valued at $44,238,000 after acquiring an additional 328,393 shares during the period. Quadrature Capital Ltd boosted its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 104.2% during 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 last quarter. CapWealth Advisors LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter valued at about $14,415,000. Finally, Bank of America Corp DE grew its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 72.1% in the first quarter. Bank of America Corp DE now owns 427,651 shares of the company’s stock worth $37,633,000 after acquiring an additional 179,182 shares during the period.
VanEck Rare Earth and Strategic Metals ETF Stock Up 4.9%
REMX opened at $77.04 on Friday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31. The firm has a 50 day moving average price of $82.69 and a 200-day moving average price of $90.30. VanEck Rare Earth and Strategic Metals ETF has a twelve month low of $53.85 and a twelve month 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.
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