Northwestern Mutual Wealth Management Co. Has $1.25 Million Stock Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

Northwestern Mutual Wealth Management Co. lifted its position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) by 112.4% during the 4th quarter, Holdings Channel reports. The firm owned 16,959 shares of the company’s stock after purchasing an additional 8,975 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in VanEck Rare Earth and Strategic Metals ETF were worth $1,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of REMX. Clearstead Advisors LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth about $30,000. Comerica Bank acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 1st quarter worth about $30,000. Sound Income Strategies LLC increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 856.8% during the 4th quarter. Sound Income Strategies LLC now owns 421 shares of the company’s stock worth $31,000 after purchasing an additional 377 shares during the last quarter. AE Wealth Management LLC increased its stake in shares of VanEck Rare Earth and Strategic Metals ETF by 106.9% during the 3rd quarter. AE Wealth Management LLC now owns 542 shares of the company’s stock worth $36,000 after purchasing an additional 280 shares during the last quarter. Finally, Spire Wealth Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter worth about $40,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

VanEck Rare Earth and Strategic Metals ETF stock opened at $88.59 on Monday. The firm has a market capitalization of $2.56 billion, a PE ratio of 5.66 and a beta of 1.29. The company’s 50-day moving average is $97.60 and its 200-day moving average is $88.85. VanEck Rare Earth and Strategic Metals ETF has a fifty-two week low of $38.35 and a fifty-two week high of $111.55.

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.