ORG Partners LLC grew its stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX – Free Report) by 26,188.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,572 shares of the company’s stock after purchasing an additional 6,547 shares during the quarter. ORG Partners LLC’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $486,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the stock. Redhawk Wealth Advisors Inc. acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $2,389,000. Spire Wealth Management acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at approximately $40,000. LVW Advisors LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at approximately $232,000. Wealthcare Capital Partners LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at approximately $480,000. Finally, Wealthcare Advisory Partners LLC increased its position in shares of VanEck Rare Earth and Strategic Metals ETF by 630.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 44,681 shares of the company’s stock worth $3,303,000 after purchasing an additional 38,566 shares during the last quarter.
VanEck Rare Earth and Strategic Metals ETF Stock Down 0.7%
Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $85.48 on Tuesday. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $32.36 and a 12-month high of $103.68. The stock has a market cap of $2.51 billion, a P/E ratio of 5.66 and a beta of 1.41. The business’s 50 day moving average is $91.02 and its 200-day moving average is $78.96.
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.
Further Reading
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