Public Sector Pension Investment Board purchased a new position in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 81,116 shares of the company's stock, valued at approximately $1,203,000. Public Sector Pension Investment Board owned 0.19% of Metallus at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. purchased a new position in Metallus in the third quarter valued at about $27,669,000. Royce & Associates LP purchased a new position in Metallus in the third quarter valued at approximately $14,301,000. Charles Schwab Investment Management Inc. bought a new position in Metallus during the third quarter valued at $9,484,000. Empowered Funds LLC bought a new position in Metallus during the third quarter valued at $3,565,000. Finally, Assenagon Asset Management S.A. purchased a new stake in Metallus in the third quarter worth $3,017,000. 77.58% of the stock is currently owned by institutional investors.
Metallus Price Performance
Shares of NYSE MTUS traded up $0.01 during trading on Friday, reaching $16.45. 486,569 shares of the stock traded hands, compared to its average volume of 415,465. The stock has a market capitalization of $698.96 million, a P/E ratio of 31.64, a price-to-earnings-growth ratio of 1.74 and a beta of 1.39. Metallus Inc. has a 52-week low of $13.82 and a 52-week high of $24.31. The company has a 50-day moving average of $15.11 and a 200-day moving average of $17.82.
About Metallus
(
Free Report)
Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.
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