Money Concepts Capital Corp Makes New Investment in VanEck Rare Earth and Strategic Metals ETF $REMX

Money Concepts Capital Corp acquired a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the 3rd quarter, HoldingsChannel reports. The fund acquired 7,729 shares of the company’s stock, valued at approximately $509,000.

A number of other institutional investors have also recently made changes to their positions in REMX. MAI Capital Management purchased a new stake in VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter worth approximately $30,000. Comerica Bank acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the first quarter worth $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 74.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock worth $36,000 after acquiring an additional 379 shares in the last quarter. AE Wealth Management LLC increased 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 worth $36,000 after acquiring an additional 280 shares during the period. Finally, CWM LLC raised its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 65.4% in the second quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $76,000 after acquiring an additional 736 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Trading Up 6.4%

NYSEARCA:REMX opened at $90.20 on Wednesday. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $32.36 and a 12-month high of $102.40. The firm has a market cap of $2.60 billion, a PE ratio of 5.66 and a beta of 1.41. The stock has a fifty day moving average price of $80.77 and a 200 day moving average price of $69.68.

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.