RFG Advisory Doubles Down on USA Rare Earth with Significant Stake Increase
RFG Advisory LLC, a financial institution, has significantly increased its stake in USA Rare Earth Inc. (NASDAQ:USAR), purchasing an additional 49,133 shares during the second quarter.
This move represents a 459.1% increase in RFG Advisory's holdings in USA Rare Earth, bringing their total to 59,835 shares worth approximately $1.29 million at the end of the most recent quarter.
The institutional investor has been actively involved in acquiring new positions in the company, with other notable investors including BlackRock Inc., Weiss Asset Management LP, and Swiss National Bank also increasing their stakes in USA Rare Earth during the same period.