Kingsview Wealth Management LLC Takes $6.57 Million Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Kingsview Wealth Management LLC bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 88,923 shares of the company’s stock, valued at approximately $6,573,000. Kingsview Wealth Management LLC owned 0.30% of VanEck Rare Earth and Strategic Metals ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Clearstead Advisors LLC acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth approximately $30,000. Comerica Bank acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the first quarter valued at approximately $30,000. Sound Income Strategies LLC raised its position in VanEck Rare Earth and Strategic Metals ETF by 856.8% during the fourth quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock valued at $31,000 after purchasing an additional 377 shares in the last quarter. AE Wealth Management LLC lifted its stake in 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 purchasing an additional 280 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in 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 purchasing an additional 379 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of REMX opened at $101.50 on Friday. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $35.72 and a 52-week high of $111.55. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 5.66 and a beta of 1.33. The business’s fifty day moving average is $96.02 and its 200-day moving average is $87.67.

VanEck Rare Earth and Strategic Metals ETF Profile

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.