Cambridge Investment Research Advisors Inc. Sells 3,121 Shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Cambridge Investment Research Advisors Inc. trimmed its position in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX – Get Rating) by 27.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,209 shares of the company’s stock after selling 3,121 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.10% of VanEck Rare Earth/Strategic Metals ETF worth $625,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. CreativeOne Wealth LLC increased its holdings in VanEck Rare Earth/Strategic Metals ETF by 3.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 3,615 shares of the company’s stock valued at $301,000 after acquiring an additional 116 shares during the last quarter. Parallel Advisors LLC increased its stake in VanEck Rare Earth/Strategic Metals ETF by 6.1% in the 4th quarter. Parallel Advisors LLC now owns 2,616 shares of the company’s stock worth $199,000 after acquiring an additional 150 shares during the last quarter. Creative Planning boosted its position in shares of VanEck Rare Earth/Strategic Metals ETF by 4.0% during the 3rd quarter. Creative Planning now owns 4,308 shares of the company’s stock valued at $359,000 after acquiring an additional 166 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 17.6% in the first quarter. Captrust Financial Advisors now owns 1,184 shares of the company’s stock valued at $140,000 after purchasing an additional 177 shares in the last quarter. Finally, Resources Investment Advisors LLC. increased its position in VanEck Rare Earth/Strategic Metals ETF by 5.0% in the third quarter. Resources Investment Advisors LLC. now owns 3,883 shares of the company’s stock worth $324,000 after purchasing an additional 185 shares during the last quarter.

VanEck Rare Earth/Strategic Metals ETF Stock Down 1.9 %

REMX stock opened at $82.96 on Wednesday. VanEck Rare Earth/Strategic Metals ETF has a 52 week low of $73.05 and a 52 week high of $105.86. The firm has a market capitalization of $648.75 million, a P/E ratio of 13.86 and a beta of 1.39. The company has a fifty day simple moving average of $80.20 and a two-hundred day simple moving average of $84.97.

VanEck Rare Earth/Strategic Metals ETF Profile

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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.