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American Century Companies Inc. Invests $474,000 in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

M-tron Industries logo with Construction background

American Century Companies Inc. acquired a new stake in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 9,797 shares of the company's stock, valued at approximately $474,000. American Century Companies Inc. owned approximately 0.34% of M-tron Industries as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MPTI. Illumine Investment Management LLC acquired a new position in shares of M-tron Industries during the fourth quarter worth $1,134,000. Virtu Financial LLC purchased a new stake in shares of M-tron Industries during the fourth quarter worth about $270,000. Janney Montgomery Scott LLC purchased a new position in shares of M-tron Industries in the 4th quarter valued at approximately $239,000. Geode Capital Management LLC boosted its stake in M-tron Industries by 18.6% in 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 in the last quarter. Finally, Barclays PLC purchased a new stake in M-tron Industries during the 3rd quarter worth approximately $114,000. Institutional investors own 23.31% of the company's stock.

M-tron Industries Trading Up 2.1 %

Shares of NYSEAMERICAN:MPTI traded up $1.02 on Thursday, hitting $49.68. 9,650 shares of the company were exchanged, compared to its average volume of 71,098. The stock's 50 day moving average price is $44.45 and its 200 day moving average price is $49.14. M-tron Industries, Inc. has a 1-year low of $11.50 and a 1-year high of $51.99. The firm has a market capitalization of $144.57 million, a P/E ratio of 24.84, a price-to-earnings-growth ratio of 0.69 and a beta of 1.20.

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.

Further Reading

Institutional Ownership by Quarter for M-tron Industries (NYSEAMERICAN:MPTI)

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