Pinnacle Wealth Management Advisory Group LLC lessened its holdings in shares of PowerShares FTSE RAFI US 1000 (BMV:PRF) by 7.4% in the 4th quarter, HoldingsChannel reports. The fund owned 11,291 shares of the company’s stock after selling 899 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in PowerShares FTSE RAFI US 1000 were worth $1,147,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. We Are One Seven LLC purchased a new stake in PowerShares FTSE RAFI US 1000 during the 4th quarter valued at about $52,000. CX Institutional purchased a new stake in PowerShares FTSE RAFI US 1000 during the 4th quarter valued at about $99,000. JNBA Financial Advisors purchased a new stake in PowerShares FTSE RAFI US 1000 during the 3rd quarter valued at about $126,000. Cpwm LLC acquired a new position in PowerShares FTSE RAFI US 1000 in the 3rd quarter valued at about $235,000. Finally, Paragon Wealth Strategies LLC boosted its holdings in PowerShares FTSE RAFI US 1000 by 36.0% in the 3rd quarter. Paragon Wealth Strategies LLC now owns 3,529 shares of the company’s stock valued at $419,000 after purchasing an additional 934 shares during the last quarter.
BMV:PRF opened at $110.09 on Tuesday. PowerShares FTSE RAFI US 1000 has a 1-year low of $100.44 and a 1-year high of $120.82.
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