Vanguard Group Inc. raised its stake in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Free Report) by 59.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 87,966 shares of the company’s stock after acquiring an additional 32,964 shares during the period. Vanguard Group Inc. owned approximately 3.14% of M-tron Industries worth $2,639,000 as of its most recent SEC filing.
Separately, Avantax Advisory Services Inc. purchased a new stake in shares of M-tron Industries during the 1st quarter valued at about $361,000. Institutional investors own 23.31% of the company’s stock.
M-tron Industries Stock Down 1.0 %
NYSEAMERICAN MPTI opened at $35.49 on Tuesday. The stock has a market cap of $99.37 million, a PE ratio of 22.18, a price-to-earnings-growth ratio of 0.70 and a beta of 0.72. M-tron Industries, Inc. has a 52 week low of $15.49 and a 52 week high of $45.60.
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.
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