Vontobel Holding Ltd. Decreases Holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Vontobel Holding Ltd. trimmed its stake in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after selling 2,600 shares during the period. Vontobel Holding Ltd.’s holdings in VanEck Rare Earth/Strategic Metals ETF were worth $780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in REMX. Empirical Asset Management LLC purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the fourth quarter valued at $1,042,000. Hansen & Associates Financial Group Inc. purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the fourth quarter valued at $491,000. Quadrature Capital Ltd purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the third quarter valued at $432,000. 180 Wealth Advisors LLC lifted its holdings in VanEck Rare Earth/Strategic Metals ETF by 13.0% during the fourth quarter. 180 Wealth Advisors LLC now owns 33,282 shares of the company’s stock valued at $1,298,000 after purchasing an additional 3,824 shares in the last quarter. Finally, Flagstar Advisors Inc. lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 7.1% in the third quarter. Flagstar Advisors Inc. now owns 9,958 shares of the company’s stock worth $459,000 after buying an additional 662 shares in the last quarter.

VanEck Rare Earth/Strategic Metals ETF Trading Up 0.0 %

NYSEARCA:REMX opened at $41.22 on Wednesday. The company’s 50-day moving average price is $41.17 and its 200-day moving average price is $42.75. The company has a market cap of $274.94 million, a P/E ratio of 6.14 and a beta of 1.39. VanEck Rare Earth/Strategic Metals ETF has a twelve month low of $36.01 and a twelve month high of $57.05.

VanEck Rare Earth/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.