Paller Financial Services Inc Purchases New Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

Paller Financial Services Inc acquired a new position in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 24,776 shares of the company’s stock, valued at approximately $2,193,000. VanEck Rare Earth and Strategic Metals ETF comprises about 1.6% of Paller Financial Services Inc’s holdings, making the stock its 27th largest holding. Paller Financial Services Inc owned about 0.08% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Renaissancere Holdings Ltd. acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter valued at approximately $46,905,000. LPL Financial LLC boosted its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 121.6% in the fourth quarter. LPL Financial LLC now owns 598,454 shares of the company’s stock worth $44,238,000 after acquiring an additional 328,393 shares during the last quarter. Quadrature Capital Ltd increased its position in shares of VanEck Rare Earth and Strategic Metals ETF by 104.2% during the fourth quarter. Quadrature Capital Ltd now owns 434,493 shares of the company’s stock worth $32,118,000 after purchasing an additional 221,698 shares in the last quarter. CapWealth Advisors LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $14,415,000. Finally, Bank of America Corp DE raised its stake in VanEck Rare Earth and Strategic Metals ETF by 72.1% in the 1st quarter. Bank of America Corp DE now owns 427,651 shares of the company’s stock valued at $37,633,000 after purchasing an additional 179,182 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of REMX stock opened at $72.46 on Thursday. The stock’s fifty day moving average is $83.70 and its two-hundred day moving average is $90.50. The firm has a market capitalization of $2.11 billion, a P/E ratio of 5.66 and a beta of 1.31. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $50.77 and a fifty-two week high of $111.55.

About VanEck Rare Earth and Strategic Metals ETF

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.