Institutional investors purchased a net $2.8 million shares of IPGP during the quarter ended March 2013. This may signal that the smart money is gaining interest in this company as the 76.85% of shares outstanding that institutional investors hold is actually below the Electronic Equipment/Instruments industry average.
| Mutual fund holders | 44.87% |
| Individual stakeholders | 35.63% |
| Other institutional | 31.98% |