Mirae Asset Global Investments Co. Ltd. Buys 30,000 Shares of VanEck Rare Earth and Strategic Metals ETF $REMX

Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 30,000 shares of the company’s stock, valued at approximately $1,928,000. Mirae Asset Global Investments Co. Ltd. owned about 0.11% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in REMX. D.A. Davidson & CO. purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the third quarter worth about $2,377,000. Latitude Advisors LLC purchased a new stake in VanEck Rare Earth and Strategic Metals ETF in the third quarter valued at approximately $41,000. AGH Wealth Advisors LLC boosted its position in VanEck Rare Earth and Strategic Metals ETF by 18.5% in the third quarter. AGH Wealth Advisors LLC now owns 6,569 shares of the company’s stock valued at $422,000 after buying an additional 1,024 shares during the last quarter. Leo Wealth LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth approximately $306,000. Finally, Apollon Wealth Management LLC raised its position in VanEck Rare Earth and Strategic Metals ETF by 228.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 20,059 shares of the company’s stock worth $1,289,000 after buying an additional 13,948 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Trading Up 1.7%

Shares of NYSEARCA REMX opened at $51.40 on Friday. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31. The company has a 50 day simple moving average of $62.68 and a two-hundred day simple moving average of $82.51. VanEck Rare Earth and Strategic Metals ETF has a 12 month low of $49.35 and a 12 month high of $111.55.

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.