Hansen & Associates Financial Group Inc. Makes New Investment in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Hansen & Associates Financial Group Inc. bought a new stake in shares of VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,292 shares of the company’s stock, valued at approximately $491,000. VanEck Rare Earth/Strategic Metals ETF accounts for 0.3% of Hansen & Associates Financial Group Inc.’s investment portfolio, making the stock its 18th biggest position.

A number of other hedge funds also recently modified their holdings of the business. 180 Wealth Advisors LLC increased its stake in VanEck Rare Earth/Strategic Metals ETF by 13.0% in the 4th quarter. 180 Wealth Advisors LLC now owns 33,282 shares of the company’s stock valued at $1,298,000 after buying an additional 3,824 shares during the period. Empirical Asset Management LLC purchased a new position in shares of VanEck Rare Earth/Strategic Metals ETF during the 4th quarter valued at $1,042,000. Stifel Financial Corp increased its stake in shares of VanEck Rare Earth/Strategic Metals ETF by 2.2% in the third quarter. Stifel Financial Corp now owns 23,653 shares of the company’s stock worth $1,091,000 after acquiring an additional 514 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 28.4% during the third quarter. Vontobel Holding Ltd. now owns 22,600 shares of the company’s stock worth $1,042,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Flagstar Advisors Inc. boosted its position in VanEck Rare Earth/Strategic Metals ETF by 7.1% during the third quarter. Flagstar Advisors Inc. now owns 9,958 shares of the company’s stock valued at $459,000 after purchasing an additional 662 shares during the last quarter.

VanEck Rare Earth/Strategic Metals ETF Price Performance

Shares of NYSEARCA REMX opened at $41.06 on Friday. VanEck Rare Earth/Strategic Metals ETF has a one year low of $36.01 and a one year high of $57.05. The business’s 50-day moving average price is $42.25 and its two-hundred day moving average price is $42.83. The company has a market capitalization of $273.87 million, a P/E ratio of 6.14 and a beta of 1.39.

VanEck Rare Earth/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.