Private Advisor Group LLC lowered its stake in PowerShares Dynamic Lg. Cap Value (NYSEARCA:PWV) by 69.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,215 shares of the company’s stock after selling 20,998 shares during the period. Private Advisor Group LLC’s holdings in PowerShares Dynamic Lg. Cap Value were worth $362,000 at the end of the most recent reporting period.
Separately, Bedel Financial Consulting Inc. acquired a new stake in PowerShares Dynamic Lg. Cap Value during the 4th quarter valued at $487,000.
Shares of PowerShares Dynamic Lg. Cap Value (NYSEARCA:PWV) opened at $38.12 on Wednesday. PowerShares Dynamic Lg. Cap Value has a one year low of $34.46 and a one year high of $40.51. The stock has a market cap of $1,470.00 and a price-to-earnings ratio of 17.17.
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PowerShares Dynamic Large Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Large Cap Value Intellidex Index (the Index). The Index is designed to provide capital appreciation, while maintaining consistent stylistically accurate exposure.
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