Redhawk Wealth Advisors Inc. Buys Shares of 32,313 VanEck Rare Earth and Strategic Metals ETF $REMX

Redhawk Wealth Advisors Inc. bought a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 32,313 shares of the company’s stock, valued at approximately $2,389,000. Redhawk Wealth Advisors Inc. owned approximately 0.14% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. MAI Capital Management bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the second quarter valued at $30,000. Comerica Bank bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter worth about $30,000. AE Wealth Management LLC raised its position in VanEck Rare Earth and Strategic Metals ETF by 106.9% in the 3rd quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after buying an additional 280 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in VanEck Rare Earth and Strategic Metals ETF by 74.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock worth $36,000 after buying an additional 379 shares during the last quarter. Finally, Spire Wealth Management bought a new position in VanEck Rare Earth and Strategic Metals ETF during the 4th quarter valued at about $40,000.

VanEck Rare Earth and Strategic Metals ETF Stock Up 1.8%

Shares of NYSEARCA REMX opened at $86.10 on Friday. The firm’s 50-day moving average price is $91.09 and its 200-day moving average price is $78.62. The company has a market cap of $2.53 billion, a PE ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $32.36 and a 52-week high of $103.68.

VanEck Rare Earth and Strategic Metals ETF Company 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.