Crow Point Partners LLC purchased a new position in shares of PowerShares Dynamic Semiconductors (NYSE:PSI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,133 shares of the company’s stock, valued at approximately $300,000.
A number of other institutional investors have also recently made changes to their positions in PSI. HighTower Advisors LLC increased its holdings in shares of PowerShares Dynamic Semiconductors by 2.6% in the 2nd quarter. HighTower Advisors LLC now owns 134,908 shares of the company’s stock valued at $5,624,000 after purchasing an additional 3,392 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in PowerShares Dynamic Semiconductors by 6.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 92,024 shares of the company’s stock valued at $3,840,000 after acquiring an additional 5,709 shares in the last quarter. Royal Bank of Canada increased its holdings in PowerShares Dynamic Semiconductors by 82.4% during the 2nd quarter. Royal Bank of Canada now owns 84,106 shares of the company’s stock valued at $3,510,000 after acquiring an additional 37,993 shares in the last quarter. Citadel Advisors LLC purchased a new position in PowerShares Dynamic Semiconductors during the 2nd quarter valued at about $1,970,000. Finally, Virtu KCG Holdings LLC purchased a new position in PowerShares Dynamic Semiconductors during the 2nd quarter valued at about $927,000.
PowerShares Dynamic Semiconductors (PSI) traded up 0.9589% during trading on Friday, reaching $53.1145. 56,753 shares of the company’s stock traded hands. The company has a 50-day moving average of $49.22 and a 200 day moving average of $45.25. PowerShares Dynamic Semiconductors has a 12 month low of $31.33 and a 12 month high of $53.15.
The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Tuesday, September 19th were paid a $0.0166 dividend. The ex-dividend date was Monday, September 18th. This represents a $0.07 dividend on an annualized basis and a yield of 0.13%.
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PowerShares Dynamic Semiconductors Company Profile
PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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