23,000 Shares in VanEck Rare Earth and Strategic Metals ETF $REMX Acquired by MONECO Advisors LLC

MONECO Advisors LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 23,000 shares of the company’s stock, valued at approximately $1,514,000. MONECO Advisors LLC owned about 0.12% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in REMX. AE Wealth Management LLC boosted its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 106.9% during the third quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock valued at $36,000 after acquiring an additional 280 shares during the period. MAI Capital Management acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 2nd quarter worth about $30,000. Comerica Bank bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. lifted its position in VanEck Rare Earth and Strategic Metals ETF by 74.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock valued at $36,000 after purchasing an additional 379 shares during the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter valued at about $104,000.

VanEck Rare Earth and Strategic Metals ETF Trading Up 6.1%

Shares of NYSEARCA:REMX opened at $86.63 on Friday. The firm’s 50 day moving average is $81.44 and its two-hundred day moving average is $70.13. The firm has a market capitalization of $2.55 billion, a P/E 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 $102.40.

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.