Nations Financial Group Inc. IA ADV Purchases New Position in VanEck Rare Earth and Strategic Metals ETF $REMX

Nations Financial Group Inc. IA ADV acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 24,679 shares of the company’s stock, valued at approximately $2,172,000. Nations Financial Group Inc. IA ADV owned 0.08% of VanEck Rare Earth and Strategic Metals ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 255.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 44,837 shares of the company’s stock worth $3,314,000 after buying an additional 32,232 shares in the last quarter. Audent Global Asset Management LLC purchased a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the fourth quarter valued at $1,043,000. CFO Capital Management LLC bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $273,000. Sunbelt Securities Inc. bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $25,000. Finally, NewEdge Advisors LLC lifted its stake in VanEck Rare Earth and Strategic Metals ETF by 259.3% in the fourth quarter. NewEdge Advisors LLC now owns 12,628 shares of the company’s stock worth $933,000 after acquiring an additional 9,113 shares during the period.

VanEck Rare Earth and Strategic Metals ETF Price Performance

Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $95.55 on Monday. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $38.35 and a 1 year high of $111.55. The firm’s 50-day moving average is $98.56 and its two-hundred day moving average is $90.32. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 5.66 and a beta of 1.29.

VanEck Rare Earth and Strategic Metals ETF 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.