Jane Street Group LLC increased its position in PowerShares Zacks Micro Cap (NYSEARCA:PZI) by 141.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,962 shares of the company’s stock after acquiring an additional 26,304 shares during the quarter. Jane Street Group LLC’s holdings in PowerShares Zacks Micro Cap were worth $853,000 at the end of the most recent quarter.
Separately, Well Done LLC bought a new position in shares of PowerShares Zacks Micro Cap in the first quarter valued at approximately $4,208,000.
Shares of PowerShares Zacks Micro Cap opened at $20.35 on Friday, Marketbeat.com reports. PowerShares Zacks Micro Cap has a 1 year low of $17.23 and a 1 year high of $20.95.
The business also recently announced a quarterly dividend, which was paid on Friday, June 29th. Shareholders of record on Tuesday, June 19th were given a dividend of $0.2244 per share. The ex-dividend date was Monday, June 18th. This is a positive change from PowerShares Zacks Micro Cap’s previous quarterly dividend of $0.09. This represents a $0.90 annualized dividend and a yield of 4.41%.
PowerShares Zacks Micro Cap Company Profile
PowerShares Zacks Micro Cap Portfolio (the Fund) seeks investment results that correspond to the price and yield of the Zacks Micro Cap Index. The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of micro cap stocks with the potential to outperform passive micro cap indexes and other actively managed the United States micro cap strategies.
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