Commonwealth Equity Services LLC Sells 800 Shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Commonwealth Equity Services LLC reduced its position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMXGet Rating) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,962 shares of the company’s stock after selling 800 shares during the period. Commonwealth Equity Services LLC owned about 0.28% of VanEck Rare Earth/Strategic Metals ETF worth $1,748,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of VanEck Rare Earth/Strategic Metals ETF by 34.6% during the 1st quarter. JPMorgan Chase & Co. now owns 5,484 shares of the company’s stock valued at $649,000 after acquiring an additional 1,411 shares during the period. Raymond James & Associates grew its position in shares of VanEck Rare Earth/Strategic Metals ETF by 10.6% during the 1st quarter. Raymond James & Associates now owns 20,662 shares of the company’s stock valued at $2,444,000 after acquiring an additional 1,981 shares during the period. Citigroup Inc. grew its position in shares of VanEck Rare Earth/Strategic Metals ETF by 518.0% during the 1st quarter. Citigroup Inc. now owns 686 shares of the company’s stock valued at $81,000 after acquiring an additional 575 shares during the period. PNC Financial Services Group Inc. grew its position in shares of VanEck Rare Earth/Strategic Metals ETF by 3.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,109 shares of the company’s stock valued at $1,077,000 after acquiring an additional 309 shares during the period. Finally, Vontobel Holding Ltd. grew its position in shares of VanEck Rare Earth/Strategic Metals ETF by 12.4% during the 1st quarter. Vontobel Holding Ltd. now owns 12,488 shares of the company’s stock valued at $1,477,000 after acquiring an additional 1,377 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Performance

Shares of VanEck Rare Earth/Strategic Metals ETF stock opened at $85.24 on Friday. The company has a market capitalization of $666.58 million, a P/E ratio of 13.86 and a beta of 1.39. The company has a fifty day moving average of $79.84 and a 200 day moving average of $85.09. VanEck Rare Earth/Strategic Metals ETF has a fifty-two week low of $73.05 and a fifty-two week high of $105.86.

VanEck Rare Earth/Strategic Metals ETF Profile

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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.

Further Reading

Institutional Ownership by Quarter for VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

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