GSA Capital Partners LLP Trims Holdings in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

GSA Capital Partners LLP reduced its holdings in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 6.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,634 shares of the company’s stock after selling 943 shares during the quarter. GSA Capital Partners LLP owned 0.52% of M-tron Industries worth $610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in M-tron Industries by 59.9% in the first quarter. Vanguard Group Inc. now owns 87,966 shares of the company’s stock worth $2,639,000 after buying an additional 32,964 shares during the period. Evernest Financial Advisors LLC acquired a new stake in M-tron Industries in the third quarter worth $865,000. Avantax Advisory Services Inc. acquired a new position in shares of M-tron Industries during the first quarter valued at $361,000. CreativeOne Wealth LLC acquired a new position in shares of M-tron Industries during the first quarter valued at $210,000. Finally, Truvestments Capital LLC acquired a new position in shares of M-tron Industries during the first quarter valued at $165,000. 23.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ivan Arteaga sold 1,600 shares of the stock in a transaction on Monday, October 14th. The stock was sold at an average price of $50.66, for a total value of $81,056.00. Following the completion of the transaction, the director now owns 364 shares in the company, valued at $18,440.24. This trade represents a 81.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.40% of the stock is owned by corporate insiders.

M-tron Industries Trading Down 3.3 %

Shares of MPTI opened at $54.53 on Tuesday. The firm has a market cap of $156.50 million, a PE ratio of 27.20, a price-to-earnings-growth ratio of 0.89 and a beta of 0.60. M-tron Industries, Inc. has a one year low of $23.00 and a one year high of $62.50.

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.