New York State Common Retirement Fund decreased its stake in shares of Investment Technology Group (NYSE:ITG) by 8.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 32,000 shares of the financial services provider’s stock after selling 2,900 shares during the period. New York State Common Retirement Fund owned 0.10% of Investment Technology Group worth $968,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Enlightenment Research LLC purchased a new stake in Investment Technology Group during the 4th quarter worth about $30,000. PNC Financial Services Group Inc. lifted its holdings in Investment Technology Group by 107.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,041 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 538 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Investment Technology Group in the 4th quarter worth about $34,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Investment Technology Group by 85.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,043 shares of the financial services provider’s stock worth $62,000 after acquiring an additional 943 shares during the last quarter. Finally, LS Investment Advisors LLC increased its stake in Investment Technology Group by 498.7% in the 4th quarter. LS Investment Advisors LLC now owns 6,215 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 5,177 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.
NYSE ITG remained flat at $$30.23 during trading on Friday. The company’s stock had a trading volume of 320,535 shares, compared to its average volume of 300,237. The company has a market cap of $999.71 million, a price-to-earnings ratio of 36.52 and a beta of 0.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.38 and a quick ratio of 1.37. Investment Technology Group has a fifty-two week low of $19.10 and a fifty-two week high of $30.34.
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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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