Reverb ETF (BATS:RVRB) Shares Sold by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC lessened its stake in shares of Reverb ETF (BATS:RVRB) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,713 shares of the company’s stock after selling 1,471 shares during the quarter. Redmont Wealth Advisors LLC owned about 11.81% of Reverb ETF worth $533,000 at the end of the most recent reporting period.

Reverb ETF Trading Down 0.0 %

Shares of Reverb ETF stock opened at $30.52 on Friday. The company has a market capitalization of $4.58 million, a PE ratio of 26.83 and a beta of 1.01. The business has a 50 day simple moving average of $29.34 and a 200-day simple moving average of $28.29.

About Reverb ETF

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.