Peoples Bank KS Makes New Investment in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Peoples Bank KS purchased a new stake in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,240 shares of the company’s stock, valued at approximately $103,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Freemont Management S.A. boosted its position in VanEck Rare Earth/Strategic Metals ETF by 19.6% during the second quarter. Freemont Management S.A. now owns 29,899 shares of the company’s stock valued at $1,271,000 after buying an additional 4,900 shares during the period. Walkner Condon Financial Advisors LLC boosted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 17.4% during the second quarter. Walkner Condon Financial Advisors LLC now owns 29,237 shares of the company’s stock valued at $1,243,000 after purchasing an additional 4,325 shares during the period. CoreCap Advisors LLC bought a new position in shares of VanEck Rare Earth/Strategic Metals ETF in the second quarter worth approximately $1,024,000. 180 Wealth Advisors LLC increased its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 22.4% in the second quarter. 180 Wealth Advisors LLC now owns 23,212 shares of the company’s stock worth $1,038,000 after buying an additional 4,253 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in VanEck Rare Earth/Strategic Metals ETF by 10.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,126 shares of the company’s stock valued at $771,000 after buying an additional 1,759 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Price Performance

NYSEARCA:REMX traded up $1.47 during trading hours on Friday, hitting $47.66. The company had a trading volume of 51,906 shares, compared to its average volume of 101,992. The stock has a 50-day moving average price of $40.15 and a 200 day moving average price of $46.14. The company has a market capitalization of $317.89 million, a PE ratio of 6.14 and a beta of 1.39. VanEck Rare Earth/Strategic Metals ETF has a 52 week low of $36.01 and a 52 week high of $64.99.

About VanEck Rare Earth/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.