PowerShares Exchange-Traded Fund Trust II (BKLN) Shares Sold by Overbrook Management Corp

Overbrook Management Corp cut its stake in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 107,069 shares of the exchange traded fund’s stock after selling 3,817 shares during the period. Overbrook Management Corp’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $2,478,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cantor Fitzgerald Investment Adviser L.P. acquired a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the second quarter worth approximately $29,631,000. Greenwood Capital Associates LLC boosted its position in shares of PowerShares Exchange-Traded Fund Trust II by 4.1% in the second quarter. Greenwood Capital Associates LLC now owns 116,097 shares of the exchange traded fund’s stock worth $2,686,000 after acquiring an additional 4,545 shares during the last quarter. Compass Financial Group Inc. boosted its position in shares of PowerShares Exchange-Traded Fund Trust II by 4.3% in the second quarter. Compass Financial Group Inc. now owns 147,057 shares of the exchange traded fund’s stock worth $3,403,000 after acquiring an additional 6,033 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock worth $214,000 after acquiring an additional 24 shares during the last quarter. Finally, AEGON USA Investment Management LLC boosted its position in shares of PowerShares Exchange-Traded Fund Trust II by 7.6% in the second quarter. AEGON USA Investment Management LLC now owns 482,900 shares of the exchange traded fund’s stock worth $11,174,000 after acquiring an additional 34,000 shares during the last quarter.

PowerShares Exchange-Traded Fund Trust II (BKLN) traded down 0.065% during midday trading on Wednesday, hitting $23.105. 1,242,107 shares of the company traded hands. The stock has a 50 day moving average price of $23.16 and a 200-day moving average price of $23.22. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $22.96 and a 12-month high of $23.46.

The firm also recently announced a monthly dividend, which was paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th were paid a dividend of $0.0691 per share. This represents a $0.83 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend was Tuesday, August 15th. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.

ILLEGAL ACTIVITY WARNING: This report was reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this report on another site, it was stolen and republished in violation of US & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.themarketsdaily.com/2017/09/13/powershares-exchange-traded-fund-trust-ii-bkln-shares-sold-by-overbrook-management-corp.html.

Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN)

Receive News & Ratings for PowerShares Exchange-Traded Fund Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Exchange-Traded Fund Trust II and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply