Kraematon Investment Advisors Inc. Has $735,000 Stock Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Kraematon Investment Advisors Inc. lessened its stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 21.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,101 shares of the company’s stock after selling 4,969 shares during the quarter. Kraematon Investment Advisors Inc. owned about 0.20% of VanEck Rare Earth and Strategic Metals ETF worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. City Holding Co. raised its position in VanEck Rare Earth and Strategic Metals ETF by 60.0% in the 1st quarter. City Holding Co. now owns 8,000 shares of the company’s stock worth $316,000 after purchasing an additional 3,000 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter valued at $245,000. SBI Securities Co. Ltd. boosted its holdings in VanEck Rare Earth and Strategic Metals ETF by 20.3% in the first quarter. SBI Securities Co. Ltd. now owns 2,719 shares of the company’s stock valued at $107,000 after acquiring an additional 459 shares during the last quarter. Fortis Group Advisors LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the first quarter worth about $1,604,000. Finally, Cetera Investment Advisers raised its holdings in VanEck Rare Earth and Strategic Metals ETF by 199.7% during the 1st quarter. Cetera Investment Advisers now owns 19,429 shares of the company’s stock worth $768,000 after purchasing an additional 12,946 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Trading Up 5.8%

Shares of NYSEARCA REMX opened at $73.35 on Friday. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $32.36 and a 1 year high of $74.00. The firm’s 50-day moving average is $59.44 and its 200-day moving average is $46.88. The firm has a market capitalization of $1.07 billion, a PE ratio of 5.66 and a beta of 1.39.

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.