Janney Montgomery Scott LLC decreased its stake in PowerShares Dynamic Indls Sec Port (NYSE:PRN) by 12.5% during the second quarter, Holdings Channel reports. The fund owned 24,876 shares of the exchange traded fund’s stock after selling 3,554 shares during the period. Janney Montgomery Scott LLC’s holdings in PowerShares Dynamic Indls Sec Port were worth $1,330,000 as of its most recent SEC filing.
Separately, Investment Partners Ltd. OH ADV increased its stake in shares of PowerShares Dynamic Indls Sec Port by 6.4% in the second quarter. Investment Partners Ltd. OH ADV now owns 4,938 shares of the exchange traded fund’s stock valued at $264,000 after buying an additional 295 shares during the last quarter.
Shares of PowerShares Dynamic Indls Sec Port (NYSE PRN) opened at 54.20 on Friday. The company’s 50 day moving average is $54.88 and its 200 day moving average is $52.82. PowerShares Dynamic Indls Sec Port has a one year low of $45.04 and a one year high of $56.38.
COPYRIGHT VIOLATION NOTICE: “PowerShares Dynamic Indls Sec Port (PRN) Shares Sold by Janney Montgomery Scott LLC” was first published by Ticker Report and is owned by of Ticker Report. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/2801603/powershares-dynamic-indls-sec-port-prn-shares-sold-by-janney-montgomery-scott-llc.html.
PowerShares Dynamic Indls Sec Port Company Profile
PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.
Want to see what other hedge funds are holding PRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Dynamic Indls Sec Port (NYSE:PRN).
Receive News & Ratings for PowerShares Dynamic Indls Sec Port Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Dynamic Indls Sec Port and related companies with MarketBeat.com's FREE daily email newsletter.