RELM Wireless Corporation (RWC) : Benchmark Capital Advisors reduced its stake in RELM Wireless Corporation by 8.32% during the most recent quarter end. The investment management company now holds a total of 1,472,551 shares of RELM Wireless Corporation which is valued at $7,038,794 after selling 133,602 shares in RELM Wireless Corporation , the firm said in a disclosure report filed with the SEC on May 10, 2016.RELM Wireless Corporation makes up approximately 6.13% of Benchmark Capital Advisors’s portfolio.
Other Hedge Funds, Including , Blackrock Fund Advisors reduced its stake in RWC by selling 1,618 shares or 6.43% in the most recent quarter. The Hedge Fund company now holds 23,535 shares of RWC which is valued at $112,497.
RELM Wireless Corporation closed down -0.08 points or -1.67% at $4.7 with 3,083 shares getting traded on Monday. Post opening the session at $4.7001, the shares hit an intraday low of $4.6434 and an intraday high of $4.7394 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs manufactures and markets wireless communications products consisting of two-way land mobile radios repeaters base stations and related components and subsystems. Two-way land mobile radios include units that are hand-held (portable) or installed in vehicles (mobile). The Company’s P-25 digital products and the Company’s analog products operate in the VHF (136 megahertz – 174 megahertz) UHF (380 megahertz – 470 megahertz 450 megahertz – 520 megahertz) and 700-800 megahertz bands. The Company offers products under two brand names: BK Radio and RELM. BK Radio-branded products serve the government and public safety market and RELM-branded products serve the business and industrial market. The Company’s BK Radio-branded products consist of land-mobile radio equipment for professional radio users primarily in government public safety and military applications.