NTV Asset Management LLC Acquires New Stake in VanEck Rare Earth and Strategic Metals ETF $REMX

NTV Asset Management LLC acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,412 shares of the company’s stock, valued at approximately $862,000.

A number of other institutional investors also recently made changes to their positions in REMX. Abound Wealth Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF in the 2nd quarter valued at approximately $25,000. NBH Bank acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the second quarter worth approximately $25,000. Capital Analysts LLC grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 94.4% during the second quarter. Capital Analysts LLC now owns 348 shares of the company’s stock worth $31,000 after buying an additional 169 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of VanEck Rare Earth and Strategic Metals ETF by 49.6% during the first quarter. Sound Income Strategies LLC now owns 630 shares of the company’s stock worth $56,000 after buying an additional 209 shares in the last quarter. Finally, Allied Private Wealth LLC bought a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the second quarter worth $59,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of NYSEARCA:REMX opened at $51.46 on Monday. The firm has a market cap of $1.48 billion, a PE ratio of 5.66 and a beta of 1.31. The company has a fifty day simple moving average of $67.94 and a 200 day simple moving average of $81.79. VanEck Rare Earth and Strategic Metals ETF has a 12-month low of $50.62 and a 12-month high of $111.55.

VanEck Rare Earth and Strategic Metals ETF 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.