International Assets Investment Management LLC Sells 10,810 Shares of VanEck Rare Earth and Strategic Metals ETF $REMX

International Assets Investment Management LLC lessened its position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 90.7% in the first quarter, HoldingsChannel reports. The fund owned 1,110 shares of the company’s stock after selling 10,810 shares during the period. International Assets Investment Management LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Wealthcare Capital Partners LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth $480,000. Leo Wealth LLC bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $483,000. Sowell Financial Services LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $1,977,000. HighTower Advisors LLC grew its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 78.4% in the fourth quarter. HighTower Advisors LLC now owns 15,289 shares of the company’s stock valued at $1,130,000 after acquiring an additional 6,718 shares in the last quarter. Finally, RIA Advisory Group LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth about $459,000.

VanEck Rare Earth and Strategic Metals ETF Stock Down 0.8%

Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $72.67 on Friday. VanEck Rare Earth and Strategic Metals ETF has a twelve month low of $48.46 and a twelve month high of $111.55. The company has a 50-day simple moving average of $91.61 and a two-hundred day simple moving average of $91.66. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31.

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.