VanEck Rare Earth and Strategic Metals ETF $REMX Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC reduced its holdings in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 95.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,273 shares of the company’s stock after selling 121,824 shares during the period. Kingswood Wealth Advisors LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $339,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. NBH Bank purchased a new position in VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter valued at about $25,000. Abound Wealth Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 2nd quarter valued at about $25,000. Capital Analysts LLC lifted its position in shares of VanEck Rare Earth and Strategic Metals ETF by 94.4% in the second quarter. Capital Analysts LLC now owns 348 shares of the company’s stock worth $31,000 after purchasing an additional 169 shares in the last quarter. Signaturefd LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the third quarter worth approximately $35,000. Finally, Sound Income Strategies LLC lifted its position in shares of VanEck Rare Earth and Strategic Metals ETF by 49.6% in the first quarter. Sound Income Strategies LLC now owns 630 shares of the company’s stock worth $56,000 after purchasing an additional 209 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

REMX stock opened at $49.99 on Friday. The stock has a market cap of $1.42 billion, a P/E ratio of 5.66 and a beta of 1.31. The firm has a 50 day simple moving average of $65.55 and a 200 day simple moving average of $83.49. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $49.35 and a 52 week high of $111.55.

VanEck Rare Earth and Strategic Metals ETF Company 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.