VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) Shares Sold by Money Design Co. Ltd.

Money Design Co. Ltd. cut its position in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,825 shares of the company’s stock after selling 4,959 shares during the quarter. Money Design Co. Ltd.’s holdings in VanEck Rare Earth/Strategic Metals ETF were worth $1,646,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Peoples Bank KS purchased a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the 3rd quarter worth $103,000. City Holding Co. increased its stake in VanEck Rare Earth/Strategic Metals ETF by 1,150.0% in the third quarter. City Holding Co. now owns 5,000 shares of the company’s stock valued at $231,000 after purchasing an additional 4,600 shares during the last quarter. Quadrature Capital Ltd purchased a new position in VanEck Rare Earth/Strategic Metals ETF during the third quarter worth about $432,000. Flagstar Advisors Inc. boosted its stake in VanEck Rare Earth/Strategic Metals ETF by 7.1% in the 3rd quarter. Flagstar Advisors Inc. now owns 9,958 shares of the company’s stock worth $459,000 after buying an additional 662 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its holdings in VanEck Rare Earth/Strategic Metals ETF by 28.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 22,600 shares of the company’s stock valued at $1,042,000 after buying an additional 5,000 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Performance

REMX opened at $40.88 on Wednesday. VanEck Rare Earth/Strategic Metals ETF has a 1 year low of $36.01 and a 1 year high of $57.05. The company’s 50 day simple moving average is $42.47 and its 200 day simple moving average is $42.85. The stock has a market capitalization of $272.67 million, a PE ratio of 6.14 and a beta of 1.39.

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.