Tyers Asset Management LLC decreased its position in Interactive Brokers Group, Inc. (IEX:IBKR) by 1.4% during the first quarter, HoldingsChannel.com reports. The firm owned 27,904 shares of the financial services provider’s stock after selling 400 shares during the quarter. Tyers Asset Management LLC’s holdings in Interactive Brokers Group were worth $1,448,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund increased its position in Interactive Brokers Group by 5,451.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,640,156 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 1,610,613 shares during the period. FinTrust Capital Advisors LLC increased its position in Interactive Brokers Group by 30,000.0% during the first quarter. FinTrust Capital Advisors LLC now owns 602 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 600 shares during the period. JOYN Advisors Inc. increased its position in Interactive Brokers Group by 86.7% during the fourth quarter. JOYN Advisors Inc. now owns 618 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 287 shares during the period. Avestar Capital LLC bought a new position in Interactive Brokers Group during the first quarter worth $51,000. Finally, ETF Managers Group LLC increased its position in Interactive Brokers Group by 18.9% during the fourth quarter. ETF Managers Group LLC now owns 1,975 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 314 shares during the period. 14.79% of the stock is currently owned by institutional investors.

IBKR traded up $0.16 during trading on Friday, reaching $54.70. 146,548 shares of the company’s stock were exchanged, compared to its average volume of 776,800. Interactive Brokers Group, Inc. has a fifty-two week low of $47.13 and a fifty-two week high of $80.32.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.73%.

Separately, Zacks Investment Research raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Monday, April 22nd. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock has an average rating of “Hold” and an average price target of $62.00.

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Interactive Brokers Group Profile

Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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Institutional Ownership by Quarter for Interactive Brokers Group (IEX:IBKR)

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