UBS Group AG Has $15.77 Million Stock Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

UBS Group AG boosted its position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 191.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 213,309 shares of the company’s stock after buying an additional 140,044 shares during the quarter. UBS Group AG owned approximately 0.82% of VanEck Rare Earth and Strategic Metals ETF worth $15,768,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Robinhood Asset Management LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth approximately $14,259,000. Quadrature Capital Ltd boosted its stake in VanEck Rare Earth and Strategic Metals ETF by 602.3% in the 3rd quarter. Quadrature Capital Ltd now owns 212,795 shares of the company’s stock valued at $13,993,000 after purchasing an additional 182,497 shares during the period. PFG Advisors acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at $11,005,000. Bank of America Corp DE raised its holdings 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 in the last quarter. Finally, Financial Sense Advisors Inc. acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at $8,965,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

VanEck Rare Earth and Strategic Metals ETF stock opened at $106.26 on Thursday. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $35.72 and a 52 week high of $111.55. The stock has a market capitalization of $3.07 billion, a P/E ratio of 5.66 and a beta of 1.33. The stock has a fifty day moving average of $95.30 and a 200-day moving average of $85.41.

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.