Quadrature Capital Ltd Buys New Shares in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Quadrature Capital Ltd purchased a new position in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,332 shares of the company’s stock, valued at approximately $432,000. Quadrature Capital Ltd owned about 0.14% of VanEck Rare Earth/Strategic Metals ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of REMX. Flagstar Advisors Inc. grew its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 7.1% during the 3rd quarter. Flagstar Advisors Inc. now owns 9,958 shares of the company’s stock valued at $459,000 after purchasing an additional 662 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 10.7% in the second quarter. Commonwealth Equity Services LLC now owns 18,126 shares of the company’s stock worth $771,000 after buying an additional 1,759 shares during the period. Peoples Bank KS bought a new stake in shares of VanEck Rare Earth/Strategic Metals ETF in the 3rd quarter valued at about $103,000. 180 Wealth Advisors LLC lifted its position in 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 valued at $1,038,000 after purchasing an additional 4,253 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its position in 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 valued at $1,243,000 after buying an additional 4,325 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Performance

NYSEARCA REMX opened at $45.24 on Tuesday. The stock has a market cap of $301.75 million, a P/E ratio of 6.14 and a beta of 1.39. The stock has a 50 day simple moving average of $46.93 and a two-hundred day simple moving average of $44.22. VanEck Rare Earth/Strategic Metals ETF has a fifty-two week low of $36.01 and a fifty-two week high of $62.97.

VanEck Rare Earth/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.