Flagstar Advisors Inc. Boosts Stock Position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Flagstar Advisors Inc. lifted its position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 7.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,958 shares of the company’s stock after purchasing an additional 662 shares during the quarter. Flagstar Advisors Inc.’s holdings in VanEck Rare Earth/Strategic Metals ETF were worth $459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Freemont Management S.A. grew its position in VanEck Rare Earth/Strategic Metals ETF by 19.6% during the 2nd quarter. Freemont Management S.A. now owns 29,899 shares of the company’s stock worth $1,271,000 after purchasing 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% in the second quarter. Walkner Condon Financial Advisors LLC now owns 29,237 shares of the company’s stock worth $1,243,000 after buying an additional 4,325 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in VanEck Rare Earth/Strategic Metals ETF during the second quarter worth about $1,024,000. 180 Wealth Advisors LLC raised its position in VanEck Rare Earth/Strategic Metals ETF by 22.4% during the second quarter. 180 Wealth Advisors LLC now owns 23,212 shares of the company’s stock valued at $1,038,000 after acquiring an additional 4,253 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its holdings in VanEck Rare Earth/Strategic Metals ETF by 28.4% in the third quarter. Vontobel Holding Ltd. now owns 22,600 shares of the company’s stock valued at $1,042,000 after acquiring an additional 5,000 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Performance

Shares of NYSEARCA REMX opened at $46.10 on Friday. The company’s fifty day moving average price is $45.91 and its 200 day moving average price is $45.14. The company has a market capitalization of $307.49 million, a PE ratio of 6.14 and a beta of 1.39. VanEck Rare Earth/Strategic Metals ETF has a 1 year low of $36.01 and a 1 year high of $62.97.

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.