Commonwealth Equity Services LLC Boosts Position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Commonwealth Equity Services LLC boosted its holdings in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 10.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,126 shares of the company’s stock after buying an additional 1,759 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Rare Earth/Strategic Metals ETF were worth $771,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of REMX. 180 Wealth Advisors LLC raised its position in VanEck Rare Earth/Strategic Metals ETF by 44.7% during the 1st quarter. 180 Wealth Advisors LLC now owns 18,959 shares of the company’s stock worth $974,000 after buying an additional 5,857 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 17.4% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 29,237 shares of the company’s stock valued at $1,243,000 after purchasing an additional 4,325 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 30.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 14,513 shares of the company’s stock valued at $745,000 after purchasing an additional 3,387 shares in the last quarter. Assetmark Inc. increased its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 104.3% during the 4th quarter. Assetmark Inc. now owns 5,283 shares of the company’s stock valued at $325,000 after purchasing an additional 2,697 shares in the last quarter. Finally, Flagstar Advisors Inc. increased its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 67.1% during the 1st quarter. Flagstar Advisors Inc. now owns 6,480 shares of the company’s stock valued at $333,000 after purchasing an additional 2,601 shares in the last quarter.

VanEck Rare Earth/Strategic Metals ETF Price Performance

NYSEARCA:REMX opened at $38.67 on Thursday. The firm has a market cap of $257.93 million, a price-to-earnings ratio of 6.14 and a beta of 1.39. The company has a 50 day moving average price of $40.19 and a 200-day moving average price of $46.78. VanEck Rare Earth/Strategic Metals ETF has a 1-year low of $36.01 and a 1-year high of $70.71.

About VanEck Rare Earth/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.