Private Advisor Group LLC Has $4.95 Million Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Private Advisor Group LLC raised its position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMXFree Report) by 172.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,293 shares of the company’s stock after purchasing an additional 35,638 shares during the quarter. Private Advisor Group LLC owned approximately 0.19% of VanEck Rare Earth and Strategic Metals ETF worth $4,954,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $30,000. Sound Income Strategies LLC boosted its holdings in VanEck Rare Earth and Strategic Metals ETF by 856.8% in the fourth quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock worth $31,000 after purchasing an additional 377 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter worth $33,000. Finally, Consultiva Wealth Management CORP. acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $37,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

REMX opened at $81.06 on Wednesday. The stock has a 50-day moving average of $95.88 and a 200-day moving average of $91.64. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $41.16 and a 52-week high of $111.55. The company has a market cap of $2.46 billion, a PE ratio of 5.66 and a beta of 1.31.

About VanEck Rare Earth and Strategic Metals ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX)

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