Market Runner: Institutional Investors Are Crazy About Relm Wireless Corp (TSE:RWC)

November 17, 2016 - By Clifton Ray   ·   0 Comments

Market Runner: Institutional Investors Are Crazy  About Relm Wireless Corp (TSE:RWC)

Sentiment for Relm Wireless Corp (TSE:RWC)

Relm Wireless Corp (TSE:RWC) institutional sentiment increased to 1.75 in 2016 Q2. Its up 0.95, from 0.8 in 2016Q1. The ratio is more positive, as 7 funds increased and opened new positions, while 4 sold and reduced their equity positions in Relm Wireless Corp. The funds in our partner’s database reported: 3.45 million shares, up from 3.28 million shares in 2016Q1. Also, the number of funds holding Relm Wireless Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 3 Increased: 5 New Position: 2.

It is down 7.60% since April 13, 2016 and is uptrending. It has outperformed by 2.97% the S&P500.

According to Zacks Investment Research, “RELM Wireless Corporation manufactures and markets two-way FM business band as well as high spec public safety mobile, portable and base radios, repeaters and accessories, base station components and subsystems. Products are manufactured and distributed worldwide under the RELM Communications, Uniden PRC and BK Radio brand names. (Company Press Release)”

Benchmark Capital Advisors holds 6.83% of its portfolio in First Asser MSCI Canada Low Risk Weighted ETF for 1.65 million shares. Schnieders Capital Management Llc owns 15,133 shares or 0.04% of their US portfolio. Moreover, Apollo Management Holdings L.P. has 0.03% invested in the company for 188,971 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.02% in the stock. Renaissance Technologies Llc, a New York-based fund reported 549,800 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 2 sales for $72,780 net activity.

RWC Company Profile

RELM Wireless Corporation (RELM), incorporated on October 24, 1997, provides two-way radio communications equipment. RELM designs, makes 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 very high frequency (VHF) (136 megahertz-174 megahertz), ultra high frequency (UHF) (380 megahertz-470 megahertz, 450 megahertz-520 megahertz) and 700-800 megahertz bands. The Firm offers products under BK Radio and RELM brand names.

More news for First Asser MSCI Canada Low Risk Weighted ETF (TSE:RWC) were recently published by: Theglobeandmail.com, which released: “Low-volatility funds not yet ready for prime time” on October 15, 2015. Etfdailynews.com‘s article titled: “Canada May Provide a Nice Proxy Bet on Energy’s Rebound” and published on September 27, 2016 is yet another important article.

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By Clifton Ray

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