Interactive Brokers Group (IBKR) : Greenwich Wealth Management scooped up 821 additional shares in Interactive Brokers Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 334,022 shares of Interactive Brokers Group which is valued at $12,719,558.Interactive Brokers Group makes up approximately 2.20% of Greenwich Wealth Management’s portfolio.
Other Hedge Funds, Including , Ifrah Financial Services sold out all of its stake in IBKR during the most recent quarter. The investment firm sold 23,695 shares of IBKR which is valued $787,148. Underhill Investment Management added IBKR to its portfolio by purchasing 162,350 company shares during the most recent quarter which is valued at $5,430,608. Interactive Brokers Group makes up approx 3.07% of Underhill Investment Management’s portfolio.Quadrant Capital Group reduced its stake in IBKR by selling 30 shares or 8.47% in the most recent quarter. The Hedge Fund company now holds 324 shares of IBKR which is valued at $10,893. Interactive Brokers Group makes up approx 0.01% of Quadrant Capital Group’s portfolio. Nationwide Fund Advisors sold out all of its stake in IBKR during the most recent quarter. The investment firm sold 2,863 shares of IBKR which is valued $98,516.
Interactive Brokers Group closed down -0.38 points or -0.99% at $38.03 with 3,70,715 shares getting traded on Monday. Post opening the session at $38.39, the shares hit an intraday low of $37.85 and an intraday high of $38.575 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Interactive Brokers Group reported $0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Oct 18, 2016. Analyst had a consensus of $0.32. The company had revenue of $345.00 million for the quarter, compared to analysts expectations of $348.35 million. The company’s revenue was down -3.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Interactive Brokers Group Inc. (IBG Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders and executing and processing trades in securities futures foreign exchange instruments bonds and mutual funds on more than 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. The Company owns approximately 14.5% in IBG LLC the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management trade execution and portfolio management platform. As a market maker it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.