Jane Street Group LLC Decreases Position in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX)

Jane Street Group LLC reduced its stake in VanEck Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,900 shares of the company’s stock after selling 6,636 shares during the period. Jane Street Group LLC owned 1.90% of VanEck Rare Earth/Strategic Metals ETF worth $5,853,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REMX. Peoples Bank KS purchased a new position in shares of VanEck Rare Earth/Strategic Metals ETF in the 3rd quarter valued at $103,000. City Holding Co. grew its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 1,150.0% during the third quarter. City Holding Co. now owns 5,000 shares of the company’s stock worth $231,000 after purchasing an additional 4,600 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of VanEck Rare Earth/Strategic Metals ETF during the third quarter worth about $432,000. Flagstar Advisors Inc. lifted its holdings in shares of VanEck Rare Earth/Strategic Metals ETF by 7.1% in the 3rd 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. Finally, Commonwealth Equity Services LLC boosted its position in shares of VanEck Rare Earth/Strategic Metals ETF by 10.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 18,126 shares of the company’s stock valued at $771,000 after purchasing an additional 1,759 shares during the period.

VanEck Rare Earth/Strategic Metals ETF Stock Down 2.1 %

NYSEARCA:REMX opened at $42.74 on Monday. The company has a market capitalization of $285.08 million, a PE ratio of 6.14 and a beta of 1.39. VanEck Rare Earth/Strategic Metals ETF has a 52-week low of $36.01 and a 52-week high of $62.97. The stock’s 50 day moving average price is $46.66 and its 200 day moving average price is $43.96.

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.