OLD Mission Capital LLC Boosts Position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

OLD Mission Capital LLC grew its holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 63.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,513 shares of the company’s stock after acquiring an additional 12,976 shares during the period. OLD Mission Capital LLC owned about 0.50% of VanEck Rare Earth/Strategic Metals ETF worth $1,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in REMX. JPMorgan Chase & Co. boosted its holdings in VanEck Rare Earth/Strategic Metals ETF by 944.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,871 shares of the company’s stock valued at $112,000 after purchasing an additional 2,596 shares during the last quarter. LPL Financial LLC boosted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 38.0% in the fourth quarter. LPL Financial LLC now owns 200,799 shares of the company’s stock worth $7,833,000 after buying an additional 55,319 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in VanEck Rare Earth/Strategic Metals ETF by 35.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 18,359 shares of the company’s stock worth $716,000 after acquiring an additional 4,756 shares during the period. Raymond James Financial Inc. purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the fourth quarter valued at approximately $493,000. Finally, SBI Securities Co. Ltd. purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the fourth quarter valued at approximately $88,000.

VanEck Rare Earth/Strategic Metals ETF Trading Down 1.4 %

VanEck Rare Earth/Strategic Metals ETF stock opened at $38.97 on Thursday. The firm has a market cap of $246.29 million, a PE ratio of 21.56 and a beta of 1.38. VanEck Rare Earth/Strategic Metals ETF has a 12 month low of $36.01 and a 12 month high of $57.05. The stock’s 50 day simple moving average is $41.33 and its two-hundred day simple moving average is $43.27.

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.