ITG · W.H. Reaves 6.49% passive stake

W. H. Reaves & Co., Inc. disclosed a 6.49% passive stake in ITG, Inc. via Schedule 13G, holding 3,145,000 Class A common shares as of September 30, 2026. This is a new filing from this investment adviser, not an amendment, and certifies no intent to influence control. The stake comes shortly after ITG reported strong preliminary Q3 2026 results (revenue +49% YoY, EBITDA +64% YoY), suggesting the position was built ahead of or during that period.

• W. H. Reaves & Co., Inc. filed a new Schedule 13G disclosing beneficial ownership of 3,145,000 shares of ITG Class A Common Stock
• Stake represents 6.49% of shares outstanding based on 48,444,533 shares outstanding per the issuer's 8-K
• The filing certifies passive intent under Rule 13d-1(b) with no purpose of changing or influencing control
• Securities are beneficially owned by a closed-end fund (UTG) managed by the reporting adviser