Truvestments Capital LLC Purchases 330 Shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Truvestments Capital LLC increased its position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,387 shares of the company’s stock after acquiring an additional 330 shares during the quarter. Truvestments Capital LLC owned about 0.29% of M-tron Industries worth $406,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Barclays PLC purchased a new stake in M-tron Industries during the 3rd quarter worth approximately $114,000. Geode Capital Management LLC grew its position 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 worth $989,000 after purchasing an additional 3,718 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in M-tron Industries during the 4th quarter worth approximately $239,000. Finally, Illumine Investment Management LLC purchased a new stake in M-tron Industries during the 4th quarter worth approximately $1,134,000. Institutional investors own 23.31% of the company’s stock.

M-tron Industries Price Performance

MPTI stock opened at $38.06 on Thursday. The company has a fifty day simple moving average of $50.38. The stock has a market cap of $110.75 million, a P/E ratio of 19.03, a P/E/G ratio of 0.69 and a beta of 1.20. M-tron Industries, Inc. has a 12 month low of $19.17 and a 12 month high of $59.25.

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.