MML Investors Services LLC Has $894,000 Position in PowerShares Dynamic Bldg. & Const. (PKB)

MML Investors Services LLC lessened its stake in PowerShares Dynamic Bldg. & Const. (NYSEARCA:PKB) by 56.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,769 shares of the company’s stock after selling 32,870 shares during the quarter. MML Investors Services LLC owned about 0.24% of PowerShares Dynamic Bldg. & Const. worth $894,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Allied Advisory Services Inc. acquired a new position in PowerShares Dynamic Bldg. & Const. in the fourth quarter valued at about $165,000. Good Life Advisors LLC acquired a new position in PowerShares Dynamic Bldg. & Const. in the fourth quarter valued at about $203,000. The Manufacturers Life Insurance Company grew its stake in PowerShares Dynamic Bldg. & Const. by 46.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 9,546 shares of the company’s stock valued at $331,000 after acquiring an additional 3,030 shares during the period. Prospera Financial Services Inc grew its stake in PowerShares Dynamic Bldg. & Const. by 44.9% in the fourth quarter. Prospera Financial Services Inc now owns 12,462 shares of the company’s stock valued at $436,000 after acquiring an additional 3,862 shares during the period. Finally, Virtu Financial LLC acquired a new position in PowerShares Dynamic Bldg. & Const. in the fourth quarter valued at about $545,000.

NYSEARCA:PKB opened at $31.01 on Friday. PowerShares Dynamic Bldg. & Const. has a 1 year low of $28.22 and a 1 year high of $36.44.

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PowerShares Dynamic Bldg. & Const. Company Profile

PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

Institutional Ownership by Quarter for PowerShares Dynamic Bldg. & Const. (NYSEARCA:PKB)

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