Wealthcare Advisory Partners LLC Makes New Investment in VanEck Rare Earth and Strategic Metals ETF $REMX

Wealthcare Advisory Partners LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,115 shares of the company’s stock, valued at approximately $403,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Uhlmann Price Securities LLC boosted its position in VanEck Rare Earth and Strategic Metals ETF by 4.0% during the 3rd quarter. Uhlmann Price Securities LLC now owns 5,405 shares of the company’s stock worth $356,000 after buying an additional 208 shares during the period. LexAurum Advisors LLC lifted its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 4.8% during the third quarter. LexAurum Advisors LLC now owns 5,247 shares of the company’s stock worth $345,000 after purchasing an additional 239 shares during the period. AE Wealth Management LLC grew its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 106.9% in the third quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after purchasing an additional 280 shares during the last quarter. Royal Bank of Canada grew its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 1.8% in the first quarter. Royal Bank of Canada now owns 19,150 shares of the company’s stock worth $757,000 after purchasing an additional 343 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in VanEck Rare Earth and Strategic Metals ETF by 74.2% in the second 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 period.

VanEck Rare Earth and Strategic Metals ETF Stock Down 1.2%

Shares of NYSEARCA:REMX opened at $89.00 on Friday. The firm has a market cap of $2.62 billion, a P/E ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $32.36 and a 12-month high of $102.40. The business has a fifty day simple moving average of $84.71 and a 200 day simple moving average of $72.88.

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.