Rare Earth ETF Opens For Trading
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The much-anticipated rare earth ETF has opened for trading today on the NYSE.
Market Vectors Rare Earth/Strategic Metals (NYSE: REMX) is trading at $20.40 on volume of about 250,000 shares so far.
The benchmark has 24 securities of companies with a market capitalization range of between approximately $157 million and $370 billion and an average market capitalization of $1.2 billion.
Stocks that trade in the U.S. and are included in the benchmark index:
Rare Element Resources Ltd. (AMEX: REE)
Titanium Metals Corporation (NYSE: TIE)
RTI International Metals, Inc. (NYSE: RTI)
Molycorp, Inc. (NYSE: MCP)
General Moly, Inc. (AMEX: GMO)
Thompson Creek Metals Company Inc. (NYSE: TC)
Market Vectors Rare Earth/Strategic Metals (NYSE: REMX) is trading at $20.40 on volume of about 250,000 shares so far.
The benchmark has 24 securities of companies with a market capitalization range of between approximately $157 million and $370 billion and an average market capitalization of $1.2 billion.
Stocks that trade in the U.S. and are included in the benchmark index:
Rare Element Resources Ltd. (AMEX: REE)
Titanium Metals Corporation (NYSE: TIE)
RTI International Metals, Inc. (NYSE: RTI)
Molycorp, Inc. (NYSE: MCP)
General Moly, Inc. (AMEX: GMO)
Thompson Creek Metals Company Inc. (NYSE: TC)
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