Boothbay Fund Management LLC Takes Position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Boothbay Fund Management LLC purchased a new stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 8,342 shares of the company's stock, valued at approximately $404,000. Boothbay Fund Management LLC owned about 0.29% of M-tron Industries as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in M-tron Industries in the fourth quarter worth about $239,000. American Century Companies Inc. purchased a new position in shares of M-tron Industries in the 4th quarter worth approximately $474,000. Barclays PLC bought a new position in shares of M-tron Industries during the 3rd quarter valued at approximately $114,000. Geode Capital Management LLC raised its holdings in M-tron Industries by 18.6% during the 3rd quarter. Geode Capital Management LLC now owns 23,706 shares of the company's stock valued at $989,000 after buying an additional 3,718 shares during the period. Finally, Illumine Investment Management LLC bought a new stake in M-tron Industries in the fourth quarter worth $1,134,000. Hedge funds and other institutional investors own 23.31% of the company's stock.

M-tron Industries Trading Up 2.0 %

Shares of MPTI stock traded up $1.13 on Tuesday, reaching $56.89. 18,132 shares of the company's stock were exchanged, compared to its average volume of 51,108. The company's fifty day simple moving average is $45.04 and its 200 day simple moving average is $49.88. The stock has a market capitalization of $165.54 million, a PE ratio of 28.44, a P/E/G ratio of 0.69 and a beta of 1.20. M-tron Industries, Inc. has a 52 week low of $27.14 and a 52 week high of $71.10.

M-tron Industries Profile

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.