Greenwich Wealth Management LLC Has Trimmed Its Interactive Brokers Group In (IBKR) Position by $3.24 Million; Stock Declined

February 15, 2018 - By Clifton Ray

Investors sentiment increased to 1.72 in Q3 2017. Its up 0.51, from 1.21 in 2017Q2. It is positive, as 23 investors sold IBKR shares while 37 reduced holdings. 29 funds opened positions while 74 raised stakes. 61.63 million shares or 5.89% more from 58.20 million shares in 2017Q2 were reported. Brown Advisory, Maryland-based fund reported 6,490 shares. Cetera Advsrs Limited Liability Corporation holds 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 5,449 shares. Baillie Gifford And owns 0.34% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 5.88M shares. Alpine Ltd Limited Liability Company accumulated 4,800 shares. Van Den Berg Mngmt I reported 0.52% stake. Dimensional Fund Lp accumulated 2.11 million shares or 0.04% of the stock. Envestnet Asset Management invested in 367 shares. Brown Brothers Harriman And holds 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 28,331 shares. Thrivent For Lutherans invested in 0.37% or 2.32 million shares. Amalgamated Natl Bank reported 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Victory Cap Mngmt invested in 0.09% or 915,589 shares. Neuberger Berman Group Ltd Liability stated it has 35,583 shares. 192,601 were accumulated by Ny State Common Retirement Fund. Adirondack Trust reported 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Gabelli Funds Ltd Liability Corporation has 264,000 shares.

Since August 14, 2017, it had 0 buys, and 77 selling transactions for $47.71 million activity. Frank Thomas AJ had sold 25,098 shares worth $1.06M on Thursday, August 31. Shares for $500,129 were sold by Brody Paul Jonathan. 1,156 shares valued at $57,222 were sold by Mendonca Denis on Friday, October 20.

Greenwich Wealth Management Llc decreased its stake in Interactive Brokers Group In (IBKR) by 19.37% based on its latest 2017Q3 regulatory filing with the SEC. Greenwich Wealth Management Llc sold 72,031 shares as the company’s stock declined 9.72% while stock markets rallied. The institutional investor held 299,893 shares of the finance company at the end of 2017Q3, valued at $13.51 million, down from 371,924 at the end of the previous reported quarter. Greenwich Wealth Management Llc who had been investing in Interactive Brokers Group In for a number of months, seems to be less bullish one the $27.69 billion market cap company. The stock increased 0.93% or $0.62 during the last trading session, reaching $67.25. About 303,795 shares traded. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has declined 4.87% since February 15, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

Greenwich Wealth Management Llc, which manages about $1.66B and $581.31 million US Long portfolio, upped its stake in Schwab Charles Corp New (NYSE:SCHW) by 508,359 shares to 673,767 shares, valued at $29.47 million in 2017Q3, according to the filing.

More notable recent Interactive Brokers Group, Inc. (NASDAQ:IBKR) news were published by: Investorplace.com which released: “3 Stocks to Watch on Wednesday: Adient PLC (ADNT), Interactive Brokers Group …” on January 17, 2018, also Fool.com with their article: “Revenue Surges on Higher Trading at Interactive Brokers Group, Inc.” published on January 19, 2018, Streetinsider.com published: “Form SC 13G Interactive Brokers Grou Filed by: Bares Capital Management, Inc.” on February 14, 2018. More interesting news about Interactive Brokers Group, Inc. (NASDAQ:IBKR) were released by: Benzinga.com and their article: “Earnings Preview For Interactive Brokers Group” published on January 16, 2018 as well as Cnbc.com‘s news article titled: “Interactive Brokers CEO Peterffy says the ‘short volatility’ trade is akin to …” with publication date: February 06, 2018.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Ratings Coverage

Among 8 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Interactive Brokers Group had 22 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Thursday, December 8. The firm has “Hold” rating given on Wednesday, January 10 by Keefe Bruyette & Woods. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Neutral” rating by Goldman Sachs on Tuesday, January 10. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Strong-Buy” rating by Zacks on Tuesday, September 1. The firm has “Neutral” rating given on Wednesday, March 23 by SunTrust. As per Tuesday, October 17, the company rating was maintained by Keefe Bruyette & Woods. Wood downgraded Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Wednesday, April 19 to “Market Perform” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The stock has “Sell” rating by Goldman Sachs on Tuesday, January 12. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, January 16.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.