Calton & Associates Inc. purchased a new stake in PowerShares Dynamic Networking (NYSEARCA:PXQ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,614 shares of the company’s stock, valued at approximately $612,000. Calton & Associates Inc. owned approximately 1.26% of PowerShares Dynamic Networking at the end of the most recent reporting period.
Separately, Cardan Capital Partners LLC raised its position in PowerShares Dynamic Networking by 11.5% in the 4th quarter. Cardan Capital Partners LLC now owns 13,827 shares of the company’s stock valued at $639,000 after purchasing an additional 1,421 shares in the last quarter.
PowerShares Dynamic Networking (PXQ) traded up $0.33 during mid-day trading on Tuesday, reaching $47.60. The company’s stock had a trading volume of 463 shares, compared to its average volume of 25,229. The firm has a market cap of $23.01 and a price-to-earnings ratio of 7.92. PowerShares Dynamic Networking has a 52 week low of $42.33 and a 52 week high of $49.44.
TRADEMARK VIOLATION NOTICE: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/02/13/12614-shares-in-powershares-dynamic-networking-pxq-acquired-by-calton-associates-inc.html.
PowerShares Dynamic Networking Profile
PowerShares Dynamic Networking Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Networking 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.
Receive News & Ratings for PowerShares Dynamic Networking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Dynamic Networking and related companies with MarketBeat.com's FREE daily email newsletter.