683 Capital Management LLC acquired a new position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,365 shares of the company's stock, valued at approximately $599,000. 683 Capital Management LLC owned about 0.42% of M-tron Industries as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. Barclays PLC bought a new stake in M-tron Industries during the 3rd quarter worth about $114,000. Northern Trust Corp acquired a new stake in shares of M-tron Industries during the 4th quarter worth approximately $225,000. Janney Montgomery Scott LLC bought a new stake in shares of M-tron Industries during the fourth quarter worth approximately $239,000. Virtu Financial LLC acquired a new position in M-tron Industries in the fourth quarter valued at approximately $270,000. Finally, Boothbay Fund Management LLC acquired a new position in M-tron Industries in the fourth quarter valued at approximately $404,000. 23.31% of the stock is owned by institutional investors.
M-tron Industries Price Performance
Shares of M-tron Industries stock traded up $0.73 during trading on Wednesday, hitting $57.65. 23,623 shares of the company were exchanged, compared to its average volume of 69,154. The firm has a market capitalization of $167.75 million, a P/E ratio of 28.93, a price-to-earnings-growth ratio of 0.69 and a beta of 1.20. The firm's fifty day moving average price is $45.43 and its 200 day moving average price is $49.92. M-tron Industries, Inc. has a 1-year low of $13.57 and a 1-year high of $59.95.
About M-tron Industries
(
Free Report)
M-tron Industries, Inc engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company's products include radio frequency, microwave, and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; high frequency and performance OCXOs, integrated PLL OCXOs, TCXOs, VCXOs, and low jitter and harsh environment oscillators; crystal resonators, integrated microwave assemblies; and solid-state power amplifier products.
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