Mutual Advisors LLC Invests $372,000 in PowerShares Exchange-Traded Fund Trust II (SPLV)

Mutual Advisors LLC acquired a new stake in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,789 shares of the company’s stock, valued at approximately $372,000.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 19.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 714,152 shares of the company’s stock worth $34,093,000 after purchasing an additional 118,363 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 10.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 632,175 shares of the company’s stock worth $30,288,000 after purchasing an additional 59,307 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 0.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 345,470 shares of the company’s stock worth $16,493,000 after purchasing an additional 2,233 shares during the period. Hollencrest Capital Management raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 1.1% during the fourth quarter. Hollencrest Capital Management now owns 284,154 shares of the company’s stock worth $13,565,000 after purchasing an additional 3,186 shares during the period. Finally, CWM LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 5.5% during the fourth quarter. CWM LLC now owns 279,118 shares of the company’s stock worth $13,325,000 after purchasing an additional 14,494 shares during the period.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA SPLV) opened at $47.35 on Friday. PowerShares Exchange-Traded Fund Trust II has a 52-week low of $43.19 and a 52-week high of $49.36.

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

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