Flow Traders U.S. LLC Makes New Investment in VanEck Rare Earth and Strategic Metals ETF $REMX

Flow Traders U.S. LLC bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,910 shares of the company’s stock, valued at approximately $930,000. Flow Traders U.S. LLC owned approximately 0.22% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in REMX. MAI Capital Management bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 2nd quarter valued at approximately $30,000. Comerica Bank acquired a new position in VanEck Rare Earth and Strategic Metals ETF during the first quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck Rare Earth and Strategic Metals ETF by 74.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock valued at $36,000 after purchasing an additional 379 shares during the period. CWM LLC lifted its stake in shares of 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 worth $76,000 after buying an additional 736 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the first quarter worth $77,000.

VanEck Rare Earth and Strategic Metals ETF Trading Up 1.0%

NYSEARCA:REMX opened at $74.12 on Wednesday. The firm has a market capitalization of $1.40 billion, a PE ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $32.36 and a 1 year high of $81.71. The firm’s fifty day simple moving average is $71.20 and its 200 day simple moving average is $57.94.

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.