Cwa Asset Management Group buys $8.5 Million stake in RELM Wireless Corporation (RWC)

RELM Wireless Corporation (RWC) : Cwa Asset Management Group scooped up 137,121 additional shares in RELM Wireless Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,785,128 shares of RELM Wireless Corporation which is valued at $8.5 Million.RELM Wireless Corporation makes up approximately 8.51% of Cwa Asset Management Group’s portfolio.

Other Hedge Funds, Including , Schnieders Capital Management boosted its stake in RWC in the latest quarter, The investment management firm added 5,133 additional shares and now holds a total of 15,133 shares of RELM Wireless Corporation which is valued at $72,336. RELM Wireless Corporation makes up approx 0.04% of Schnieders Capital Management’s portfolio.Benchmark Capital Advisors reduced its stake in RWC by selling 133,602 shares or 8.32% in the most recent quarter. The Hedge Fund company now holds 1,472,551 shares of RWC which is valued at $7 Million. RELM Wireless Corporation makes up approx 6.13% of Benchmark Capital Advisors’s portfolio.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 -0.2648 points or -5.03% at $5 with 44,227 shares getting traded on Wednesday. Post opening the session at $5.2, the shares hit an intraday low of $5 and an intraday high of $5.3801 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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.

Leave a Reply

RELM Wireless Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on RELM Wireless Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.