17,713 Shares in Reverb ETF $RVRB Acquired by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC acquired a new stake in Reverb ETF (BATS:RVRB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,713 shares of the company’s stock, valued at approximately $619,000. Redmont Wealth Advisors LLC owned about 11.81% of Reverb ETF at the end of the most recent quarter.

Reverb ETF Price Performance

Shares of RVRB opened at $35.50 on Thursday. Reverb ETF has a 1 year low of $25.74 and a 1 year high of $36.28. The stock’s fifty day moving average price is $35.76 and its two-hundred day moving average price is $35.09. The firm has a market cap of $5.33 million, a PE ratio of 26.08 and a beta of 1.02.

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.