International Assets Investment Management LLC Has $98,000 Position in VanEck Rare Earth and Strategic Metals ETF $REMX

International Assets Investment Management LLC reduced its position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 90.7% in the 1st quarter, according to its most recent filing with the SEC. 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 SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sunbelt Securities Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth approximately $30,000. Comerica Bank acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 1st quarter worth approximately $30,000. Sound Income Strategies LLC increased its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 856.8% during the 4th quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock worth $31,000 after acquiring an additional 377 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $33,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $72.67 on Friday. The business has a fifty day simple moving average of $91.61 and a two-hundred day simple moving average of $91.66. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $48.46 and a 1 year high of $111.55. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31.

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.