PowerShares Exchange-Traded Fund Trust II (SPHD) Position Raised by Baystate Wealth Management LLC

Baystate Wealth Management LLC raised its stake in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHD) by 6.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 51,744 shares of the company’s stock after buying an additional 3,357 shares during the period. PowerShares Exchange-Traded Fund Trust II comprises about 0.3% of Baystate Wealth Management LLC’s portfolio, making the stock its 21st biggest position. Baystate Wealth Management LLC owned 0.07% of PowerShares Exchange-Traded Fund Trust II worth $2,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHD. BKD Wealth Advisors LLC acquired a new position in PowerShares Exchange-Traded Fund Trust II during the 4th quarter worth approximately $242,000. Interactive Financial Advisors raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 41.5% in the fourth quarter. Interactive Financial Advisors now owns 13,944 shares of the company’s stock worth $592,000 after purchasing an additional 4,087 shares during the last quarter. NEXT Financial Group Inc raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 236.6% in the fourth quarter. NEXT Financial Group Inc now owns 14,354 shares of the company’s stock worth $609,000 after purchasing an additional 10,090 shares during the last quarter. Finally, Patten & Patten Inc. TN raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 34.9% in the fourth quarter. Patten & Patten Inc. TN now owns 22,045 shares of the company’s stock worth $935,000 after purchasing an additional 5,700 shares during the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSEARCA SPHD) traded down $0.04 during mid-day trading on Wednesday, hitting $40.05. The stock had a trading volume of 129,865 shares. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $38.66 and a 52 week high of $43.25.

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Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHD)

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