RIA Advisory Group LLC Invests $459,000 in VanEck Rare Earth and Strategic Metals ETF $REMX

RIA Advisory Group LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,209 shares of the company’s stock, valued at approximately $459,000.

A number of other institutional investors have also recently modified their holdings of REMX. Comerica Bank bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter valued at $30,000. Sound Income Strategies LLC boosted its position in shares of 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 buying an additional 377 shares during the last quarter. AE Wealth Management LLC boosted 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 valued at $36,000 after buying an additional 280 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $36,000 after buying an additional 379 shares during the last quarter. Finally, Spire Wealth Management purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at $40,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

VanEck Rare Earth and Strategic Metals ETF stock opened at $106.52 on Friday. VanEck Rare Earth and Strategic Metals ETF has a one year low of $35.72 and a one year high of $106.94. The stock has a market capitalization of $3.08 billion, a PE ratio of 5.66 and a beta of 1.33. The business’s fifty day moving average is $93.78 and its 200 day moving average is $83.65.

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.