Compound Planning Inc. Purchases Shares of 8,341 VanEck Rare Earth and Strategic Metals ETF $REMX

Compound Planning Inc. acquired a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,341 shares of the company’s stock, valued at approximately $549,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of REMX. MAI Capital Management purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the second quarter worth about $30,000. Comerica Bank bought a new position in VanEck Rare Earth and Strategic Metals ETF during the 1st quarter valued at approximately $30,000. AE Wealth Management LLC lifted its holdings in VanEck Rare Earth and Strategic Metals ETF by 106.9% in the 3rd quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after buying an additional 280 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in VanEck Rare Earth and Strategic Metals ETF by 74.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 890 shares of the company’s stock worth $36,000 after buying an additional 379 shares during the period. Finally, CWM LLC grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 65.4% in the 2nd 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.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

REMX opened at $99.86 on Friday. The stock has a market capitalization of $2.94 billion, a PE ratio of 5.66 and a beta of 1.41. The stock’s 50 day moving average price is $87.20 and its 200-day moving average price is $74.34. VanEck Rare Earth and Strategic Metals ETF has a 52-week low of $32.36 and a 52-week high of $102.40.

VanEck Rare Earth and Strategic Metals ETF Company 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.