ORG Partners LLC lifted its position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) by 26,188.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,572 shares of the company’s stock after buying an additional 6,547 shares during the period. ORG Partners LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $486,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of REMX. Quadrature Capital Ltd raised its position in VanEck Rare Earth and Strategic Metals ETF by 602.3% in the 3rd quarter. Quadrature Capital Ltd now owns 212,795 shares of the company’s stock valued at $13,993,000 after buying an additional 182,497 shares during the last quarter. PFG Advisors bought a new stake in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at approximately $11,005,000. Bank of America Corp DE boosted its position in VanEck Rare Earth and Strategic Metals ETF by 183.3% during the 2nd quarter. Bank of America Corp DE now owns 253,106 shares of the company’s stock worth $10,271,000 after acquiring an additional 163,753 shares during the last quarter. Financial Sense Advisors Inc. acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter worth approximately $8,965,000. Finally, Avalon Capital Management bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter worth approximately $5,911,000.
VanEck Rare Earth and Strategic Metals ETF Stock Down 0.7%
NYSEARCA REMX opened at $85.48 on Tuesday. The firm’s 50 day moving average is $91.02 and its 200-day moving average is $78.96. The company has a market capitalization of $2.51 billion, a PE ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $32.36 and a 12-month 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.
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