S. R. Schill & Associates Makes New $5.26 Million Investment in VanEck Rare Earth and Strategic Metals ETF $REMX

S. R. Schill & Associates bought a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 59,799 shares of the company’s stock, valued at approximately $5,262,000. VanEck Rare Earth and Strategic Metals ETF makes up about 3.6% of S. R. Schill & Associates’ holdings, making the stock its 9th biggest holding. S. R. Schill & Associates owned 0.21% of VanEck Rare Earth and Strategic Metals ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sunbelt Securities Inc. bought a new stake in VanEck Rare Earth and Strategic Metals ETF during the fourth quarter worth $25,000. Clearstead Advisors LLC bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 4th quarter valued at $30,000. Comerica Bank bought a new position in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at $30,000. Sound Income Strategies LLC increased its position 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 valued at $31,000 after purchasing an additional 377 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the 4th quarter valued at $33,000.

VanEck Rare Earth and Strategic Metals ETF Price Performance

Shares of NYSEARCA REMX traded down $0.27 during mid-day trading on Friday, reaching $79.76. 303,715 shares of the company’s stock were exchanged, compared to its average volume of 1,270,375. The firm has a 50-day moving average price of $94.67 and a two-hundred day moving average price of $91.66. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 5.66 and a beta of 1.31. VanEck Rare Earth and Strategic Metals ETF has a 52 week low of $46.30 and a 52 week high of $111.55.

About VanEck Rare Earth and Strategic Metals ETF

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.