Raymond James & Associates Sells 1,877 Shares of Powershares Dynamic Large Cap Growth Portfolio (PWB)

Raymond James & Associates cut its stake in shares of Powershares Dynamic Large Cap Growth Portfolio (BMV:PWB) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 262,527 shares of the company’s stock after selling 1,877 shares during the quarter. Raymond James & Associates owned approximately 2.04% of Powershares Dynamic Large Cap Growth Portfolio worth $10,892,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Cetera Advisor Networks LLC grew its position in shares of Powershares Dynamic Large Cap Growth Portfolio by 9.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 23,660 shares of the company’s stock worth $982,000 after buying an additional 2,015 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of Powershares Dynamic Large Cap Growth Portfolio by 14.5% during the fourth quarter. Baird Financial Group Inc. now owns 54,078 shares of the company’s stock worth $2,244,000 after buying an additional 6,862 shares in the last quarter. HC Financial Advisors Inc. acquired a new position in shares of Powershares Dynamic Large Cap Growth Portfolio during the fourth quarter worth about $504,000. MML Investors Services LLC grew its position in shares of Powershares Dynamic Large Cap Growth Portfolio by 5.6% during the fourth quarter. MML Investors Services LLC now owns 46,357 shares of the company’s stock worth $1,923,000 after buying an additional 2,457 shares in the last quarter. Finally, Trustcore Financial Services LLC acquired a new position in shares of Powershares Dynamic Large Cap Growth Portfolio during the fourth quarter worth about $5,417,000.

Powershares Dynamic Large Cap Growth Portfolio stock opened at $42.11 on Friday. Powershares Dynamic Large Cap Growth Portfolio has a fifty-two week low of $33.89 and a fifty-two week high of $45.22.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Tuesday, March 20th will be issued a $0.0464 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Monday, March 19th.

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Institutional Ownership by Quarter for Powershares Dynamic Large Cap Growth Portfolio (BMV:PWB)

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