Fulcrum Equity Management Invests $568,000 in VanEck Rare Earth and Strategic Metals ETF $REMX

Fulcrum Equity Management bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,680 shares of the company’s stock, valued at approximately $568,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MAI Capital Management purchased a new stake in VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter worth about $30,000. Comerica Bank purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at about $30,000. AE Wealth Management LLC grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 106.9% during the third quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after buying an additional 280 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 74.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock worth $36,000 after buying an additional 379 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the third quarter worth approximately $56,000.

VanEck Rare Earth and Strategic Metals ETF Stock Down 4.3%

Shares of NYSEARCA:REMX opened at $82.95 on Friday. The firm’s 50 day moving average price is $91.63 and its 200 day moving average price is $77.52. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $32.36 and a fifty-two week high of $103.68.

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.