Janney Montgomery Scott LLC acquired a new position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,945 shares of the company’s stock, valued at approximately $239,000. Janney Montgomery Scott LLC owned approximately 0.17% of M-tron Industries as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Evernest Financial Advisors LLC bought a new position in M-tron Industries in the third quarter valued at $865,000. Truvestments Capital LLC increased its stake in M-tron Industries by 14.0% in the third quarter. Truvestments Capital LLC now owns 8,057 shares of the company’s stock valued at $336,000 after acquiring an additional 988 shares during the last quarter. Barclays PLC bought a new position in M-tron Industries in the third quarter valued at $114,000. Finally, Geode Capital Management LLC increased its stake in M-tron Industries by 18.6% in the third quarter. Geode Capital Management LLC now owns 23,706 shares of the company’s stock valued at $989,000 after acquiring an additional 3,718 shares during the last quarter. Hedge funds and other institutional investors own 23.31% of the company’s stock.
M-tron Industries Trading Up 0.2 %
MPTI opened at $52.95 on Thursday. The firm has a market capitalization of $154.08 million, a P/E ratio of 26.48, a PEG ratio of 0.85 and a beta of 1.20. M-tron Industries, Inc. has a 52 week low of $23.00 and a 52 week high of $71.10.
About M-tron Industries
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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