Wedbush Securities Inc. purchased a new stake in shares of The Intergroup Corporation (NASDAQ:INTG) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 8,733 shares of the financial services provider’s stock, valued at approximately $222,000. Wedbush Securities Inc. owned about 0.37% of The Intergroup Corporation at the end of the most recent quarter.

Shares of The Intergroup Corporation (INTG) opened at 25.00 on Monday. The company’s market capitalization is $59.03 million. The Intergroup Corporation has a 12 month low of $20.09 and a 12 month high of $30.00. The stock’s 50 day moving average price is $25.30 and its 200 day moving average price is $26.92.

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About The Intergroup Corporation

The InterGroup Corporation (InterGroup) is engaged in buying, developing, operating, rehabilitating and disposing of real property of various types and descriptions, and engaged in such other business and investment activities. The Company operates in three segments: Hotel Operations, which is engaged in the operation of the Hilton San Francisco Financial District (the Hotel) and operation of the garage; Real Estate Operations, which is engaged in the operation of its multi-family residential properties, and Investment Transactions, which includes the investment of its cash in marketable securities and other investments.

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