HBW Advisory Services LLC Purchases Shares of 14,082 VanEck Rare Earth and Strategic Metals ETF $REMX

HBW Advisory Services LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 14,082 shares of the company’s stock, valued at approximately $927,000. HBW Advisory Services LLC owned 0.09% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. MAI Capital Management acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the 2nd quarter worth $30,000. Comerica Bank acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter worth about $30,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 74.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock worth $36,000 after buying an additional 379 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the third quarter worth approximately $104,000. Finally, CWM LLC raised its holdings in VanEck Rare Earth and Strategic Metals ETF by 65.4% in the second quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $76,000 after acquiring an additional 736 shares in the last quarter.

VanEck Rare Earth and Strategic Metals ETF Stock Up 0.8%

NYSEARCA REMX opened at $76.74 on Friday. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $32.36 and a 52 week high of $81.71. The firm has a 50 day moving average of $71.18 and a two-hundred day moving average of $61.06. The stock has a market capitalization of $1.45 billion, a PE ratio of 5.66 and a beta of 1.41.

VanEck Rare Earth and 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.