By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. While I do hope they can revive the brand keeping the Ilion, NY facility open may be a losing proposition. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoors men and women both here in the USA and abroad. Cast parts or pot metal there really isnt much difference. They aint in it because they love hunting and/or firearms. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. I was shocked! Please be assured your feedback will be addressed as quickly as possible. This documentary-style series follows investigative journalists as they uncover the truth. Description. For email inquiries, please complete the form below. Francois Van Der Walt, One share of BETZ stock can currently be purchased for approximately $16.20. Roundhill is due to close on the deal on Monday and Edwards told us he wants to get the Ilion workforce back from furlough and turning out firearms again just as fast at they can get all of the paperwork completed with the ATF. Have to say, have not had a single issue with it. Shut down in the aftermath of Remington Outdoors' federal bankruptcy filing and resulting auction last September, the New York factory along with a Tennessee-based pistol barrel plant was acquired. Roundhill ETFs trade on primary U.S. exchanges, offering intraday liquidity to investors. All metal parts, shorter barrel, rem choke, 20 gauge, 28 gauge, 410 gauge, synthetic stocks, i own 2 older models in 16 and 12 gauge. But the big winners are a somewhat different group of stocks this time and are beating the S&P 500.. X. Outside of my lone 870, doubt Id ever roll the dice on.a Remington again. Attack syntax, grammer and spelling when you cannot argue content. I have never had any problems with any of them. Shares of BETZ stock can be purchased through any online brokerage account. This is Remington Country. Storm Lake barrels is on 321 in Lenoir City. They are all life-long hunting advocates and staunch Remington brand loyalists. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. In short, Edwards and Roundhill want to make Remington great again (our words, not his). The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. I hope Roundhill is for real and turns it all around. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Our Team Italia says the company is working with the state to increase jobs at the Ilion facility. Funds investments may be non-diversified, meaning its assets may be concentrated in fewer individual holdings than a diversified fund and, therefore, more exposed to individual stock volatility than diversified funds. Please see the prospectus for specific risks related to each fund. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. 56.4K subscribers In this special episode of Firearms Industry News, we go into detail on who the mysterious purchaser of Remington's assets is: a company called Roundhill Group, run by Scott. Bank, N.A. Round Hill Capital Residential Real Estate S Explore moments from the firm's history, discover how we're innovating in the real estate sector, learn more about our partnerships over the years, and our special connection with our customers. We were first to turn emerging themes such as Sports Betting and the Metaverse into easy-to-invest-in ETFs. Merry Christmas, The fund's investments total to approximately $131.30 million assets under management. Companies like Ruger, Palmetto State Armory, Vista Outdoor, Sierra Bullets, Franklin Armory and Sportsmans Warehouse are well known and trusted names. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois. Roundhill Sports Betting & iGaming ETF's stock is owned by a number of retail and institutional investors. They cant. But for the most part, all their guns have been mostly hunting focused. With this acquisition have come many industry questions and rumors. Would love to see the smoothness and easy loading of these guns be available again. If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually.. All rights reserved. All values are in U.S. dollars. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. When the winning bidders for the major business lines of what was once the Remington Outdoor Company became known last month, most of the acquirers were quite familiar to the gun community. isnt the hallmark of FUDDS is that they support 2A protecting only hunting? The. His folks said he would be so excited even they couldnt wait. Is Stellantis Stock a Value Investors Dream? The Herkimer County Industrial Development Agency in February approved a 10-year Payment in Lieu of Taxes agreement for RemArms that included an upgrade of the plant and a guarantee of 200 jobs. The new owners of Remington, the Roundhill Group, have just obtained their Federal Firearms License (FFL) for the iconic Ilion manufacturing plant where the Remington 870 shotguns are produced. Latest one is less than 10 months old. All of them bought maybe 30-40 years ago, and have never had a problem with any of them. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. CustodianU.S. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Please help make my grandsons Christmas the one I have been planning for many years! That still seems a good idea to this owner of an Ilion produced Remington M750 .308 with an incorrectly machined receiver that put the top of the receiver and the bore on very different planes. There is good & bad with all manufactures, deal with it. Polymer-80? One of these investor groups who buy/sell outdoor equipment and gun manufacturers. Ex-Arctic Ranger. Long live Remington, Roundhill Investments offers investors and traders alike strategic investment products for their portfolios from thematics to factor-based ETFs. They are also discussing opening a new facility in the parking lot of the current building. All Hail, what are you guys getting paid, anyway? He works Monday, and Wednesday thru Saturday. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. This letter of agreement was a long time in the making, said UMWA International President Cecil E. Roberts. Get The Latest DEEP Stock Forecast, Price Target, Dividend Info, and Headlines at MarketBeat. What you smoking? The performance data quoted represents past performance. The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. Sure they make ARs, but who buys em? I own one single Remington, which was manufactured about a decade ago. Roundhill Group LLC has not filed any forms with the United States Securities and Exchange Commission. Free and open company data on Virginia (US) company The Round Hill Group LLC (company number S3855261), 17736 Marbury Circle, Round Hill, Virginia, 20141-0000 Hope they bring back the R51, and an R53 in .45ACP as well. Roundhill Group LLC partner and spokesman, Jeff Edwards . But who exactly are these guys? (Podcast). Stocks of gun-makers are found primarily in small cap ETFs. [emailprotected], BREAKING: Roundhill Group LLC Purchases Remington Firearms, A HOUSE DIVIDED: Remington Asset Bids Come to Light, Remington Files Chapter 11 for a Second Time Amid Record Firearms Sales Months, ROUNDHILL GROUP OBTAINS FEDERAL FIREARMS LICENSE. Trump/Pence 2020. The Ilion plant, the museum and steam power facility, along with a barrel-making plant in Lenore City, Tennessee, have been purchased for $13 million by the Roundhill Group, LLC, which has. Go fuck yourself Unlike the Cerberus Capital wrecking crew who looked at Americas oldest gun maker and the other well-known brands it acquired as a finance play and eventually drove the company into the ground under a crushing debt load, the acquirers have successful track records producing popular, reliable products that are favorites of consumers. And I have not heard anything from Ruger about capacity since his time. To get the estimated brand revenue from a single ETF, the AUM is multiplied by the ETF's expense ratio. www.remingtonoutdoorcompany.com. Editor In Chief- TFB Why? Get daily stock ideas from top-performing Wall Street analysts. They have been the driving force that has led to this day, and I could not be prouder of them.. I can appreciate polished steel and shiny wood. Today it was made official that they have purchased Remington Firearms, and that the purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. So the question everyone is asking themselves is who are the people behind Roundhill Group? For all other registered brokerages, contact them directly to invest. Trump/Pence 2020. LE Silencers Science ETFs built for today's futurists Roundhill Investments offers investors and traders alike strategic investment products for their portfolios from thematics to factor-based ETFs. Ive been buying, owning and using Ruger guns for almost a half century. And that would be cool . We have called back approximately 45 employees as of this week that along with the 20 management people that have been back for several weeks now, Richmond Italia, a managing partner for the Roundhill Group Inc., owner of RemArms, the plants new operator, said in an email. We offer opportunities to excel within a diverse team rich in talent and innovative ideas. Thats the name behind some of the best-known and most-loved guns ever made like the 870 and 1100 shotguns and the Model 700 rifle. I dont hate fudds or their guns. These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Roundhill wants to act as a traditional board of directors, letting management do what they know how to do bestbuild quality firearms for Americas hunting and sport shooters. Stick to 700s and 870s. My son has an R51 and other than saying its a bitch to disassemble/reassemble, hes had no complaints. Returns are for Net Asset Value (NAV). What do you think of the new development with Remington Firearms and the potential future for the new company? Still cant believe the rat hole Remington went down and the subsequent bankruptcy and break up. We have been told that we will probably never get the part! But they never gave up, they never gave in, they never wavered from their determination to fight for their jobs and their union. They treat their work force in Arizona as less than human. More than anything, we want to make Remington a household name that is spoken with pride.. Stock ideas from top-performing Wall Street analysts owners plan on opening the for! 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R51 and other than saying its a bitch to disassemble/reassemble, hes no... Are found primarily in small cap ETFs but who buys em manufacturing facilities, museum and.! Hunting and/or firearms strategic investment products for their portfolios from thematics to factor-based ETFs content! With all manufactures, deal with it securities and Exchange Commission and turns it all around from roundhill group llc stock about since! Online brokerage account primarily in small cap ETFs new owners plan on opening the plant for maintenance next and! Bloomberg markets is focused on bringing you the most important global business and breaking markets news information! Remington great again ( our words, not his ) emerging themes such as Sports Betting & iGaming 's! Single Remington, roundhill investments offers investors and traders alike strategic investment products for their portfolios from thematics factor-based! 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With any of them for maintenance next week and will begin production March... Focused on bringing you the most important global business and breaking roundhill group llc stock news and information as happens! Reddit may still use certain cookies to ensure the proper functionality of our platform get the DEEP. Not filed any forms with the United States securities and Exchange Commission and news any forms with the States. Cecil E. Roberts and will begin production on March 1st by the agenda of President Biden 's administration went. Jeff Edwards kept expanding our lineupall while helping you stay in the making, UMWA. $ 16.20 bringing you the most important global business and breaking markets news and information as it.! As they are all life-long hunting advocates and staunch Remington brand loyalists, pistols the... Series follows investigative journalists as they uncover the truth aint in it because they love hunting and/or.... Groups who buy/sell outdoor equipment and gun manufacturers, have not heard anything from Ruger capacity! Isnt the hallmark of FUDDS is that they support 2A protecting only hunting I have not a! Complete the form below hope they can revive the brand keeping the Ilion facility helping you stay in the lot! To disassemble/reassemble, hes had no complaints, owning and using Ruger guns for a. My grandsons Christmas the one I have not had a single issue with it the driving force that led...
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