First Trust Advisors Scales Up Materion Stakes

First Trust Advisors LP increased its holdings in Materion Corporation (NYSE:MTRN) by 197.3% in the first quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The firm acquired an additional 3,973 shares during the period, bringing its total holdings to 5,987 shares worth $866,000 at the end of the most recent quarter.

Other institutional investors, including Swiss National Bank, Illinois Municipal Retirement Fund, Hillsdale Investment Management Inc., Principal Financial Group Inc., and Fifth Third Bancorp, also modified their stakes in Materion during the first quarter.