Raymond James Financial Inc. Acquires Shares of 12,635 VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Raymond James Financial Inc. bought a new position in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,635 shares of the company’s stock, valued at approximately $493,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrature Capital Ltd bought a new stake in shares of VanEck Rare Earth/Strategic Metals ETF during the 3rd quarter valued at approximately $432,000. Stifel Financial Corp grew its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 2.2% during the third quarter. Stifel Financial Corp now owns 23,653 shares of the company’s stock worth $1,091,000 after buying an additional 514 shares during the last quarter. 180 Wealth Advisors LLC lifted its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 13.0% in the 4th quarter. 180 Wealth Advisors LLC now owns 33,282 shares of the company’s stock valued at $1,298,000 after acquiring an additional 3,824 shares during the last quarter. Empirical Asset Management LLC bought a new position in shares of VanEck Rare Earth/Strategic Metals ETF in the 4th quarter valued at $1,042,000. Finally, Hansen & Associates Financial Group Inc. bought a new position in shares of VanEck Rare Earth/Strategic Metals ETF in the 4th quarter valued at $491,000.

VanEck Rare Earth/Strategic Metals ETF Trading Down 1.8 %

NYSEARCA:REMX opened at $34.02 on Tuesday. The stock has a market cap of $215.01 million, a P/E ratio of 21.56 and a beta of 1.38. The stock’s 50-day moving average is $40.96 and its 200-day moving average is $43.22. VanEck Rare Earth/Strategic Metals ETF has a 1-year low of $33.22 and a 1-year high of $57.05.

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.