Vontobel Holding Ltd. Has $1.04 Million Stake in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Vontobel Holding Ltd. grew its holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 28.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,600 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Vontobel Holding Ltd. owned about 0.34% of VanEck Rare Earth/Strategic Metals ETF worth $1,042,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 10.7% during the second quarter. Commonwealth Equity Services LLC now owns 18,126 shares of the company’s stock valued at $771,000 after acquiring an additional 1,759 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 16.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 16,085 shares of the company’s stock valued at $826,000 after acquiring an additional 2,221 shares during the period. Peoples Bank KS acquired a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the third quarter valued at $103,000. Flagstar Advisors Inc. lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 67.1% during the first quarter. Flagstar Advisors Inc. now owns 6,480 shares of the company’s stock valued at $333,000 after acquiring an additional 2,601 shares during the period. Finally, Avantax Advisory Services Inc. lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 30.4% during the first quarter. Avantax Advisory Services Inc. now owns 14,513 shares of the company’s stock valued at $745,000 after acquiring an additional 3,387 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Up 1.7 %

Shares of REMX opened at $46.75 on Monday. VanEck Rare Earth/Strategic Metals ETF has a 12-month low of $36.01 and a 12-month high of $62.97. The firm has a market capitalization of $311.82 million, a PE ratio of 6.14 and a beta of 1.39. The stock’s fifty day simple moving average is $41.90 and its 200-day simple moving average is $45.82.

VanEck Rare Earth/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.