Texas Yale Capital Corp. Buys New Stake in VanEck Rare Earth and Strategic Metals ETF $REMX

Texas Yale Capital Corp. bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 30,000 shares of the company’s stock, valued at approximately $2,218,000.

Several other large investors have also recently added to or reduced their stakes in REMX. CapWealth Advisors LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at approximately $14,415,000. Robinhood Asset Management LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at approximately $14,259,000. Quadrature Capital Ltd boosted its stake in VanEck Rare Earth and Strategic Metals ETF by 602.3% during the 3rd quarter. Quadrature Capital Ltd now owns 212,795 shares of the company’s stock valued at $13,993,000 after purchasing an additional 182,497 shares in the last quarter. PFG Advisors bought a new position in VanEck Rare Earth and Strategic Metals ETF during the 3rd quarter valued at $11,005,000. Finally, Bank of America Corp DE boosted its stake 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 valued at $10,271,000 after purchasing an additional 163,753 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of NYSEARCA REMX opened at $99.63 on Monday. The stock has a fifty day moving average price of $96.28 and a two-hundred day moving average price of $87.88. The firm has a market cap of $2.88 billion, a P/E ratio of 5.66 and a beta of 1.33. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $35.72 and a 1 year high of $111.55.

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.