Redhawk Wealth Advisors Inc. Buys Shares of 32,313 VanEck Rare Earth and Strategic Metals ETF $REMX

Redhawk Wealth Advisors Inc. purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, Holdings Channel.com reports. The fund purchased 32,313 shares of the company’s stock, valued at approximately $2,389,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the first quarter worth $30,000. Royal Bank of Canada lifted its holdings in VanEck Rare Earth and Strategic Metals ETF by 1.8% in the first quarter. Royal Bank of Canada now owns 19,150 shares of the company’s stock valued at $757,000 after acquiring an additional 343 shares during the period. Cetera Investment Advisers lifted its holdings in VanEck Rare Earth and Strategic Metals ETF by 16.7% in the second quarter. Cetera Investment Advisers now owns 22,679 shares of the company’s stock valued at $920,000 after acquiring an additional 3,250 shares during the period. MAI Capital Management purchased a new position in VanEck Rare Earth and Strategic Metals ETF in the second quarter worth about $30,000. Finally, Steward Partners Investment Advisory LLC boosted its position in VanEck Rare Earth and Strategic Metals ETF by 361.8% in the second quarter. Steward Partners Investment Advisory LLC now owns 2,392 shares of the company’s stock worth $97,000 after purchasing an additional 1,874 shares during the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Up 1.8%

VanEck Rare Earth and Strategic Metals ETF stock opened at $86.10 on Friday. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $32.36 and a 52-week high of $103.68. The company has a market cap of $2.53 billion, a P/E ratio of 5.66 and a beta of 1.41. The business has a 50-day simple moving average of $91.09 and a two-hundred day simple moving average of $78.62.

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.