Penobscot Wealth Management Purchases New Holdings in VanEck Rare Earth and Strategic Metals ETF $REMX

Penobscot Wealth Management acquired a new position in shares of VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMXFree Report) in the 1st quarter, HoldingsChannel reports. The firm acquired 13,061 shares of the company’s stock, valued at approximately $1,149,000.

Several other large investors have also recently made changes to their positions in REMX. EdgeRock Capital LLC purchased a new stake in shares of VanEck Rare Earth and Strategic Metals ETF during the first quarter worth $237,000. Wealth Management Partners LLC acquired a new stake in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter valued at about $1,896,000. Worth Asset Management LLC purchased a new position in VanEck Rare Earth and Strategic Metals ETF in the 1st quarter worth approximately $303,000. AdvisorNet Financial Inc lifted its stake in VanEck Rare Earth and Strategic Metals ETF by 531.8% in the 1st quarter. AdvisorNet Financial Inc now owns 695 shares of the company’s stock worth $61,000 after purchasing an additional 585 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in shares of VanEck Rare Earth and Strategic Metals ETF in the first quarter valued at approximately $117,000.

VanEck Rare Earth and Strategic Metals ETF Stock Performance

Shares of VanEck Rare Earth and Strategic Metals ETF stock opened at $89.21 on Friday. The business’s 50 day moving average price is $98.23 and its 200 day moving average price is $90.88. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 5.66 and a beta of 1.29. VanEck Rare Earth and Strategic Metals ETF has a one year low of $40.24 and a one year high of $111.55.

VanEck Rare Earth and Strategic Metals ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Rare Earth and Strategic Metals ETF (NYSEARCA:REMX)

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