Brookstone Capital Management Purchases New Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

Brookstone Capital Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 31,630 shares of the company’s stock, valued at approximately $2,338,000. Brookstone Capital Management owned 0.14% of VanEck Rare Earth and Strategic Metals ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. ORG Partners LLC raised its holdings in VanEck Rare Earth and Strategic Metals ETF by 26,188.0% in the 4th quarter. ORG Partners LLC now owns 6,572 shares of the company’s stock valued at $486,000 after acquiring an additional 6,547 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth $2,389,000. Spire Wealth Management bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the fourth quarter worth $40,000. LVW Advisors LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $232,000. Finally, Wealthcare Capital Partners LLC acquired a new position in VanEck Rare Earth and Strategic Metals ETF in the fourth quarter valued at about $480,000.

VanEck Rare Earth and Strategic Metals ETF Stock Up 0.4%

REMX opened at $88.90 on Friday. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 5.66 and a beta of 1.41. VanEck Rare Earth and Strategic Metals ETF has a twelve month low of $32.36 and a twelve month high of $103.68. The company has a 50-day simple moving average of $90.77 and a 200 day simple moving average of $79.30.

About VanEck Rare Earth and 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.