Global X Management Co. LLC boosted its stake in shares of IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) by 19.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,176 shares of the financial services provider’s stock after buying an additional 21,010 shares during the period. Global X Management Co. LLC’s holdings in IRSA Inversiones Y Representaciones were worth $3,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IRS. Harbor Advisors LLC purchased a new position in shares of IRSA Inversiones Y Representaciones during the first quarter valued at approximately $214,000. Acadian Asset Management LLC purchased a new position in shares of IRSA Inversiones Y Representaciones during the first quarter valued at approximately $433,000. FMR LLC increased its position in shares of IRSA Inversiones Y Representaciones by 133.5% in the fourth quarter. FMR LLC now owns 37,610 shares of the financial services provider’s stock valued at $694,000 after buying an additional 21,500 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of IRSA Inversiones Y Representaciones by 160.2% in the fourth quarter. Renaissance Technologies LLC now owns 44,237 shares of the financial services provider’s stock valued at $816,000 after buying an additional 27,237 shares during the last quarter. Finally, Dorsey Wright & Associates increased its position in shares of IRSA Inversiones Y Representaciones by 41.9% in the first quarter. Dorsey Wright & Associates now owns 77,671 shares of the financial services provider’s stock valued at $1,903,000 after buying an additional 22,935 shares during the last quarter. 19.68% of the stock is owned by hedge funds and other institutional investors.

IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) opened at 22.39 on Friday. The firm has a 50-day moving average of $23.16 and a 200 day moving average of $23.77. IRSA Inversiones Y Representaciones S.A. has a one year low of $16.13 and a one year high of $26.50. The company has a market capitalization of $1.29 billion, a P/E ratio of 14.54 and a beta of 2.03.

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Several brokerages have commented on IRS. BidaskClub raised shares of IRSA Inversiones Y Representaciones from a “sell” rating to a “hold” rating in a report on Sunday, August 6th. Zacks Investment Research downgraded shares of IRSA Inversiones Y Representaciones from a “buy” rating to a “hold” rating in a report on Thursday, June 29th. Finally, TheStreet raised shares of IRSA Inversiones Y Representaciones from a “d+” rating to a “c-” rating in a report on Tuesday, May 9th.

About IRSA Inversiones Y Representaciones

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Institutional Ownership by Quarter for IRSA Inversiones Y Representaciones (NYSE:IRS)

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