Investment Technology Group (ITG) Position Reduced by Two Sigma Advisers LP

Two Sigma Advisers LP cut its holdings in Investment Technology Group (NYSE:ITG) by 57.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,131 shares of the financial services provider’s stock after selling 33,747 shares during the period. Two Sigma Advisers LP owned 0.08% of Investment Technology Group worth $760,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its holdings in Investment Technology Group by 107.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,041 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 538 shares during the last quarter. Texas Permanent School Fund lifted its holdings in Investment Technology Group by 4.3% in the fourth quarter. Texas Permanent School Fund now owns 21,642 shares of the financial services provider’s stock valued at $654,000 after acquiring an additional 885 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Investment Technology Group by 85.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,043 shares of the financial services provider’s stock valued at $62,000 after acquiring an additional 943 shares during the last quarter. Enlightenment Research LLC acquired a new position in Investment Technology Group in the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Investment Technology Group in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Separately, Zacks Investment Research upgraded Investment Technology Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 19th.

ITG opened at $30.23 on Wednesday. Investment Technology Group has a one year low of $19.10 and a one year high of $30.34. The company has a market capitalization of $999.71 million, a P/E ratio of 36.52 and a beta of 0.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.37 and a current ratio of 1.38.

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Investment Technology Group Company Profile

Investment Technology Group, Inc operates as a financial technology company in the United States, Canada, Europe, and the Asia Pacific. The company offers various solutions for asset managers and broker-dealers in the areas of execution services, workflow technology, and analytics that provide trade execution services and solutions for portfolio management, as well as pre-trade analytics, and post-trade analytics and processing.

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Institutional Ownership by Quarter for Investment Technology Group (NYSE:ITG)

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