639,508 Shares in Metallus Inc. (NYSE:MTUS) Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. bought a new stake in shares of Metallus Inc. (NYSE:MTUS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 639,508 shares of the company’s stock, valued at approximately $9,484,000.

Several other institutional investors also recently bought and sold shares of MTUS. Huntington National Bank purchased a new position in shares of Metallus in the 3rd quarter valued at approximately $49,000. Amalgamated Bank purchased a new position in shares of Metallus in the third quarter worth $172,000. Creative Planning acquired a new stake in shares of Metallus during the third quarter worth $183,000. SG Americas Securities LLC purchased a new stake in shares of Metallus during the third quarter valued at $189,000. Finally, Beese Fulmer Investment Management Inc. acquired a new position in shares of Metallus in the 3rd quarter valued at $233,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.

Metallus Stock Up 3.3 %

Shares of NYSE:MTUS opened at $17.00 on Tuesday. Metallus Inc. has a 52-week low of $13.82 and a 52-week high of $24.31. The stock has a market cap of $722.40 million, a price-to-earnings ratio of 32.69, a PEG ratio of 1.71 and a beta of 1.39. The business has a 50-day moving average price of $15.15 and a 200-day moving average price of $17.69.

Metallus Profile

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.