Benchmark Capital Advisors buys $8,975,867 stake in RELM Wireless Corporation (RWC)

RELM Wireless Corporation (RWC) : Benchmark Capital Advisors scooped up 174,397 additional shares in RELM Wireless Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 1,646,948 shares of RELM Wireless Corporation which is valued at $8,975,867.RELM Wireless Corporation makes up approximately 7.06% of Benchmark Capital Advisors’s portfolio.

Other Hedge Funds, Including , Stanley-laman Group Ltd. sold out all of its stake in RWC during the most recent quarter. The investment firm sold 20,000 shares of RWC which is valued $108,240.Commonwealth Equity Services Inc boosted its stake in RWC in the latest quarter, The investment management firm added 164 additional shares and now holds a total of 10,164 shares of RELM Wireless Corporation which is valued at $55,008.

RELM Wireless Corporation closed down -0.15 points or -2.60% at $5.63 with 20,180 shares getting traded on Wednesday. Post opening the session at $5.76, the shares hit an intraday low of $5.47 and an intraday high of $5.827 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.

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