CapWealth Advisors LLC Acquires Shares of 195,002 VanEck Rare Earth and Strategic Metals ETF $REMX

CapWealth Advisors LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 195,002 shares of the company’s stock, valued at approximately $14,415,000. CapWealth Advisors LLC owned about 0.66% of VanEck Rare Earth and Strategic Metals ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in REMX. Compound Planning Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the third quarter worth $549,000. Avalon Capital Management bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at $5,911,000. Florin Court Capital LLP bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 3rd quarter valued at $770,000. Leo Wealth LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $483,000. Finally, Wealthcare Capital Partners LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $480,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

Shares of NYSEARCA:REMX opened at $106.52 on Friday. The company has a market capitalization of $3.08 billion, a PE ratio of 5.66 and a beta of 1.33. The business has a fifty day moving average price of $93.78 and a two-hundred day moving average price of $83.62. VanEck Rare Earth and Strategic Metals ETF has a 1 year low of $35.72 and a 1 year high of $106.94.

VanEck Rare Earth and 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.