Money Design Co. Ltd. Lowers Stock Holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Money Design Co. Ltd. lessened its stake in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,825 shares of the company’s stock after selling 4,959 shares during the quarter. Money Design Co. Ltd. owned about 0.63% of VanEck Rare Earth/Strategic Metals ETF worth $1,646,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Stifel Financial Corp raised its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 23,653 shares of the company’s stock worth $1,091,000 after buying an additional 514 shares in the last quarter. Peoples Bank KS purchased a new stake in VanEck Rare Earth/Strategic Metals ETF during the third quarter worth about $103,000. Empirical Asset Management LLC purchased a new stake in shares of VanEck Rare Earth/Strategic Metals ETF during the 4th quarter worth approximately $1,042,000. 180 Wealth Advisors LLC raised 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 worth $1,298,000 after purchasing an additional 3,824 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the 3rd quarter worth $432,000.

VanEck Rare Earth/Strategic Metals ETF Price Performance

Shares of NYSEARCA REMX opened at $40.88 on Wednesday. The firm’s 50-day moving average is $42.47 and its two-hundred day moving average is $42.85. The company has a market capitalization of $272.67 million, a PE ratio of 6.14 and a beta of 1.39. VanEck Rare Earth/Strategic Metals ETF has a 12-month low of $36.01 and a 12-month high of $57.05.

VanEck Rare Earth/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.