Hennion & Walsh Asset Management Inc. reduced its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR – Free Report) by 41.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,516 shares of the financial services provider’s stock after selling 1,801 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Interactive Brokers Group were worth $445,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in IBKR. Contravisory Investment Management Inc. acquired a new position in Interactive Brokers Group in the 4th quarter valued at $25,000. Versant Capital Management Inc grew its holdings in shares of Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after buying an additional 71 shares in the last quarter. UMB Bank n.a. raised its position in shares of Interactive Brokers Group by 350.0% in the third quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock valued at $40,000 after buying an additional 224 shares during the last quarter. Smithfield Trust Co lifted its stake in shares of Interactive Brokers Group by 80.6% in the third quarter. Smithfield Trust Co now owns 345 shares of the financial services provider’s stock worth $48,000 after buying an additional 154 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in Interactive Brokers Group during the third quarter worth about $49,000. Institutional investors and hedge funds own 23.80% of the company’s stock.
Interactive Brokers Group Stock Up 1.0 %
NASDAQ:IBKR opened at $190.09 on Tuesday. Interactive Brokers Group, Inc. has a 52 week low of $88.22 and a 52 week high of $193.42. The stock’s fifty day moving average is $183.81 and its two-hundred day moving average is $150.96. The stock has a market capitalization of $80.32 billion, a price-to-earnings ratio of 29.02, a price-to-earnings-growth ratio of 1.35 and a beta of 0.87.
Analysts Set New Price Targets
Read Our Latest Report on Interactive Brokers Group
Interactive Brokers Group Company Profile
Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.
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Want to see what other hedge funds are holding IBKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Interactive Brokers Group, Inc. (NASDAQ:IBKR – Free Report).
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