Stifel Financial Corp Boosts Holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Stifel Financial Corp lifted its holdings in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 2.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,653 shares of the company’s stock after purchasing an additional 514 shares during the period. Stifel Financial Corp owned about 0.35% of VanEck Rare Earth/Strategic Metals ETF worth $1,091,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Flagstar Advisors Inc. raised its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 7.1% in the third quarter. Flagstar Advisors Inc. now owns 9,958 shares of the company’s stock worth $459,000 after acquiring an additional 662 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in VanEck Rare Earth/Strategic Metals ETF by 10.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 18,126 shares of the company’s stock valued at $771,000 after purchasing an additional 1,759 shares during the last quarter. Peoples Bank KS purchased a new position in VanEck Rare Earth/Strategic Metals ETF in the 3rd quarter valued at about $103,000. Walkner Condon Financial Advisors LLC boosted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 17.4% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 29,237 shares of the company’s stock worth $1,243,000 after purchasing an additional 4,325 shares during the last quarter. Finally, City Holding Co. grew its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 1,150.0% during the third quarter. City Holding Co. now owns 5,000 shares of the company’s stock worth $231,000 after buying an additional 4,600 shares in the last quarter.

VanEck Rare Earth/Strategic Metals ETF Price Performance

NYSEARCA:REMX opened at $40.38 on Monday. The firm has a market cap of $269.33 million, a PE ratio of 6.14 and a beta of 1.39. The firm has a 50 day simple moving average of $45.90 and a 200-day simple moving average of $43.65. VanEck Rare Earth/Strategic Metals ETF has a 1-year low of $36.01 and a 1-year high of $62.97.

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.