Q3 Asset Management Purchases Shares of 16,151 VanEck Rare Earth and Strategic Metals ETF $REMX

Q3 Asset Management acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,151 shares of the company’s stock, valued at approximately $1,063,000.

Several other institutional investors have also made changes to their positions in REMX. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the third quarter valued at $260,000. Comprehensive Money Management Services LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the third quarter worth $273,000. SG Americas Securities LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the third quarter worth $3,384,000. Avalon Capital Management acquired a new stake in VanEck Rare Earth and Strategic Metals ETF during the third quarter valued at $5,911,000. Finally, D.A. Davidson & CO. acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter worth about $525,000.

VanEck Rare Earth and Strategic Metals ETF Stock Up 0.4%

REMX stock opened at $89.20 on Wednesday. The firm has a 50 day moving average of $73.82 and a two-hundred day moving average of $64.63. VanEck Rare Earth and Strategic Metals ETF has a 12 month low of $32.36 and a 12 month high of $90.39. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 5.66 and a beta of 1.41.

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.