Gabelli Funds Reduces $1M in CTS Corporation ($CTS)
Key Points
- Gabelli Funds changed its CTS Corporation ($CTS) stake by 4.10% last quarter, cutting to 469,950 shares worth $30.64 million.
- $CTS last traded around $65.19.
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Gabelli Funds trimmed its position in CTS Corporation ($CTS) by 4.10% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 469,950 shares of CTS Corporation after selling 20,100 shares during the quarter. Gabelli Funds's holdings in CTS Corporation were worth $30.64 million as of its most recent filing.
CTS Corporation Stock Up 15.2%
Shares of CTS Corporation ($CTS) traded around $65.19 on Sunday, up 15.2% for the day.
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About CTS Corporation
CTS Corporation designs, manufactures, and sells sensors, connectivity components, and actuators in North America, Europe, and Asia. The company offers controls, pedals, sensors, switches, transducers, and piezo sensing products; EMI/RFI filters, capacitors, resistors, RF filters, and frequency control products; and piezo microactuators and rotary actuators. It serves transportation, industrial, medical, aerospace, and defense industries. The company sells and markets its products through its sales engineers, independent manufacturer representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
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