Redmont Wealth Advisors LLC Has $533,000 Stock Position in Reverb ETF (BATS:RVRB)

Redmont Wealth Advisors LLC lessened its holdings in Reverb ETF (BATS:RVRB) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,713 shares of the company’s stock after selling 1,471 shares during the quarter. Redmont Wealth Advisors LLC owned 0.12% of Reverb ETF worth $533,000 as of its most recent SEC filing.

Reverb ETF Trading Down 0.0 %

RVRB opened at $30.52 on Friday. The firm has a market cap of $4.58 million, a P/E ratio of 26.83 and a beta of 1.01. The firm has a fifty day moving average of $29.34 and a 200 day moving average of $28.29.

Reverb ETF Company Profile

The Reverb ETF (RVRB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of approximately 500 of the largest companies listed in the US. It weights companies based on market sentiment through a proprietary web-based algorithm. RVRB was launched on Nov 4, 2022 and is managed by Penserra Capital Management.