The VanEck Rare Earth/Strategic Metals ETF (REMX) has seen a major inflow of approximately $331.9 million, representing a 13.7% week-over-week increase in outstanding units, rising from 24,874,987 to 28,274,987. This surge occurred on a trading day where shares of significant components such as Albemarle Corp. (ALB) dropped 6.6%, MP Materials Corp (MP) fell 1.1%, and Sociedad Quimica y Minera de Chile S.A. (SQM) declined by 3.2%.
In terms of price performance, REMX’s shares have a 52-week range with a low of $32.36 and a high of $102.40, closing recently at $95.91. The ETF’s current trading performance is to be evaluated against its 200-day moving average for further technical insights.
