CoreCap Advisors LLC Has $630,000 Stock Holdings in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

CoreCap Advisors LLC lowered its holdings in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 46.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,159 shares of the company’s stock after selling 14,117 shares during the period. CoreCap Advisors LLC owned approximately 0.24% of VanEck Rare Earth/Strategic Metals ETF worth $630,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Transce3nd LLC acquired a new stake in shares of VanEck Rare Earth/Strategic Metals ETF during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. acquired a new stake in VanEck Rare Earth/Strategic Metals ETF in the fourth quarter worth $88,000. JPMorgan Chase & Co. increased its stake in VanEck Rare Earth/Strategic Metals ETF by 944.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,871 shares of the company’s stock valued at $112,000 after purchasing an additional 2,596 shares in the last quarter. Mariner LLC raised its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 11.8% during the fourth quarter. Mariner LLC now owns 7,493 shares of the company’s stock valued at $292,000 after purchasing an additional 790 shares during the period. Finally, Hansen & Associates Financial Group Inc. bought a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the 4th quarter worth about $491,000.

VanEck Rare Earth/Strategic Metals ETF Price Performance

Shares of VanEck Rare Earth/Strategic Metals ETF stock opened at $38.92 on Friday. The business has a 50-day simple moving average of $39.02 and a 200 day simple moving average of $41.70. VanEck Rare Earth/Strategic Metals ETF has a one year low of $32.36 and a one year high of $57.05. The firm has a market capitalization of $269.33 million, a price-to-earnings ratio of 19.68 and a beta of 1.43.

VanEck Rare Earth/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.