Virtu Financial LLC Invests $270,000 in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Virtu Financial LLC purchased a new stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) during the 4th quarter, HoldingsChannel reports. The fund purchased 5,578 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC lifted its holdings in M-tron Industries by 4.1% during the 4th quarter. Truvestments Capital LLC now owns 8,387 shares of the company’s stock worth $406,000 after purchasing an additional 330 shares in the last quarter. Barclays PLC bought a new stake in shares of M-tron Industries during the third quarter valued at about $114,000. Geode Capital Management LLC lifted its holdings in shares of M-tron Industries by 18.6% in the third quarter. Geode Capital Management LLC now owns 23,706 shares of the company’s stock worth $989,000 after buying an additional 3,718 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of M-tron Industries in the fourth quarter valued at approximately $239,000. Finally, Illumine Investment Management LLC purchased a new position in M-tron Industries during the fourth quarter valued at approximately $1,134,000. 23.31% of the stock is currently owned by hedge funds and other institutional investors.

M-tron Industries Stock Up 3.6 %

M-tron Industries stock opened at $43.04 on Friday. The business’s 50 day moving average price is $47.62. M-tron Industries, Inc. has a 1-year low of $11.50 and a 1-year high of $46.15. The company has a market cap of $125.25 million, a price-to-earnings ratio of 21.52, a PEG ratio of 0.69 and a beta of 1.20.

M-tron Industries Company 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.