Ladenburg Thalmann Financial Services Inc. Sells 2,072 Shares of PowerShares Exchange-Traded Fund Trust (NASDAQ:PNQI)

Ladenburg Thalmann Financial Services Inc. trimmed its holdings in shares of PowerShares Exchange-Traded Fund Trust (NASDAQ:PNQI) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,771 shares of the company’s stock after selling 2,072 shares during the period. Ladenburg Thalmann Financial Services Inc. owned about 1.38% of PowerShares Exchange-Traded Fund Trust worth $7,032,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Global Financial Private Capital LLC increased its position in PowerShares Exchange-Traded Fund Trust by 16.9% during the fourth quarter. Global Financial Private Capital LLC now owns 3,756 shares of the company’s stock worth $435,000 after buying an additional 542 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of PowerShares Exchange-Traded Fund Trust by 90.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 4,189 shares of the company’s stock worth $485,000 after purchasing an additional 1,990 shares during the last quarter. Calton & Associates Inc. acquired a new stake in shares of PowerShares Exchange-Traded Fund Trust during the fourth quarter worth $643,000. Chevy Chase Trust Holdings Inc. acquired a new position in PowerShares Exchange-Traded Fund Trust in the fourth quarter valued at $1,095,000. Finally, Santori & Peters Inc. acquired a new position in PowerShares Exchange-Traded Fund Trust in the fourth quarter valued at $1,174,000.

PowerShares Exchange-Traded Fund Trust stock traded down $2.72 during midday trading on Friday, reaching $124.48. The stock had a trading volume of 40,079 shares, compared to its average volume of 54,716. PowerShares Exchange-Traded Fund Trust has a twelve month low of $93.52 and a twelve month high of $141.10.

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Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust (NASDAQ:PNQI)

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