Anson Capital Inc. bought a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,779 shares of the company’s stock, valued at approximately $353,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE increased its holdings in shares of VanEck Rare Earth and Strategic Metals ETF by 183.3% in the 2nd quarter. Bank of America Corp DE now owns 253,106 shares of the company’s stock worth $10,271,000 after purchasing an additional 163,753 shares in the last quarter. UBS Group AG grew its holdings in VanEck Rare Earth and Strategic Metals ETF by 191.1% during the fourth quarter. UBS Group AG now owns 213,309 shares of the company’s stock valued at $15,768,000 after purchasing an additional 140,044 shares during the period. Quadrature Capital Ltd grew its holdings in VanEck Rare Earth and Strategic Metals ETF by 602.3% during the third quarter. Quadrature Capital Ltd now owns 212,795 shares of the company’s stock valued at $13,993,000 after purchasing an additional 182,497 shares during the period. CapWealth Advisors LLC bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at about $14,415,000. Finally, Robinhood Asset Management LLC bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at about $14,259,000.
VanEck Rare Earth and Strategic Metals ETF Stock Down 1.4%
Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $108.03 on Wednesday. The stock’s 50-day simple moving average is $95.24 and its 200-day simple moving average is $85.16. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $35.72 and a 52 week high of $111.55. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 5.66 and a beta of 1.33.
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.
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