Bleakley Financial Group LLC purchased a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 14,198 shares of the company’s stock, valued at approximately $1,249,000.
Several other large investors also recently bought and sold shares of the stock. HBW Advisory Services LLC grew its stake in VanEck Rare Earth and Strategic Metals ETF by 10.0% during the 1st quarter. HBW Advisory Services LLC now owns 54,765 shares of the company’s stock worth $4,819,000 after buying an additional 4,962 shares during the last quarter. Fifth Third Bancorp acquired a new stake in VanEck Rare Earth and Strategic Metals ETF during the 1st quarter worth $1,336,000. Sovran Advisors LLC grew its position in VanEck Rare Earth and Strategic Metals ETF by 511.0% during the 1st quarter. Sovran Advisors LLC now owns 18,447 shares of the company’s stock worth $1,623,000 after purchasing an additional 15,428 shares during the last quarter. S. R. Schill & Associates acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the first quarter valued at $5,262,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the first quarter valued at about $484,000.
VanEck Rare Earth and Strategic Metals ETF Stock Down 0.8%
NYSEARCA REMX opened at $72.67 on Friday. The firm has a market cap of $2.18 billion, a P/E ratio of 5.66 and a beta of 1.31. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $48.46 and a 52-week high of $111.55. The business’s 50-day moving average price is $91.61 and its 200 day moving average price is $91.66.
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.
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