7,680 Shares in VanEck Rare Earth and Strategic Metals ETF $REMX Bought by Fulcrum Equity Management

Fulcrum Equity Management bought a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,680 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AE Wealth Management LLC lifted its holdings in VanEck Rare Earth and Strategic Metals ETF by 106.9% during the 3rd quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after buying an additional 280 shares during the last quarter. MAI Capital Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter worth about $30,000. Comerica Bank purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at about $30,000. AlphaCore Capital LLC purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at about $56,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck Rare Earth and Strategic Metals ETF by 74.2% during the 2nd 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.

VanEck Rare Earth and Strategic Metals ETF Stock Down 4.3%

REMX stock opened at $82.95 on Friday. The business has a 50 day moving average price of $91.63 and a 200 day moving average price of $77.52. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $32.36 and a fifty-two week high of $103.68.

VanEck Rare Earth and Strategic Metals ETF 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.