Ieq Capital LLC Takes Position in Metallus Inc. (NYSE:MTUS)

Ieq Capital LLC acquired a new position in Metallus Inc. (NYSE:MTUS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 19,336 shares of the company’s stock, valued at approximately $273,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Metallus during the 3rd quarter valued at $1,104,000. Geode Capital Management LLC purchased a new stake in Metallus during the third quarter valued at about $13,888,000. Principal Financial Group Inc. bought a new stake in Metallus during the third quarter worth about $2,956,000. State Street Corp purchased a new position in shares of Metallus in the 3rd quarter worth about $32,439,000. Finally, Barclays PLC bought a new position in shares of Metallus during the 3rd quarter valued at about $1,031,000. 77.58% of the stock is owned by hedge funds and other institutional investors.

Metallus Price Performance

Shares of MTUS opened at $14.44 on Friday. Metallus Inc. has a 1 year low of $13.09 and a 1 year high of $24.31. The stock has a 50 day simple moving average of $14.83 and a two-hundred day simple moving average of $15.20. The firm has a market cap of $613.61 million, a P/E ratio of 27.77, a P/E/G ratio of 1.02 and a beta of 1.38.

Metallus Company 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.