PowerShares Exchange-Traded Fund Trust II (NYSEARCA:XMLV) Position Boosted by LPL Financial LLC

LPL Financial LLC boosted its stake in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:XMLV) by 25.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 788,733 shares of the company’s stock after purchasing an additional 161,213 shares during the period. LPL Financial LLC owned about 2.75% of PowerShares Exchange-Traded Fund Trust II worth $35,793,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. lifted its position in PowerShares Exchange-Traded Fund Trust II by 9.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 161,518 shares of the company’s stock valued at $7,331,000 after acquiring an additional 14,502 shares during the last quarter. Financial Partners Group Inc purchased a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the fourth quarter valued at about $292,000. Advisor Group Inc. raised its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 8.4% in the fourth quarter. Advisor Group Inc. now owns 107,196 shares of the company’s stock valued at $4,864,000 after buying an additional 8,325 shares during the last quarter. MML Investors Services LLC increased its stake in shares of PowerShares Exchange-Traded Fund Trust II by 4.7% during the fourth quarter. MML Investors Services LLC now owns 504,623 shares of the company’s stock worth $22,900,000 after acquiring an additional 22,865 shares during the period. Finally, Almanack Investment Partners LLC. acquired a new position in shares of PowerShares Exchange-Traded Fund Trust II during the fourth quarter worth about $638,000.

XMLV traded down $0.62 on Friday, hitting $44.33. 143,341 shares of the company were exchanged, compared to its average volume of 198,069. PowerShares Exchange-Traded Fund Trust II has a fifty-two week low of $41.65 and a fifty-two week high of $46.85.

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

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