Raymond James Financial Services Advisors Inc. Sells 11,596 Shares of PowerShares Dynamic Biotech &Genome(ETF) (PBE)

Raymond James Financial Services Advisors Inc. lowered its position in PowerShares Dynamic Biotech &Genome(ETF) (NYSEARCA:PBE) by 41.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,274 shares of the company’s stock after selling 11,596 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in PowerShares Dynamic Biotech &Genome(ETF) were worth $767,000 as of its most recent SEC filing.

Separately, Wells Fargo & Company MN lifted its holdings in shares of PowerShares Dynamic Biotech &Genome(ETF) by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 80,894 shares of the company’s stock valued at $3,815,000 after purchasing an additional 1,096 shares in the last quarter.

PowerShares Dynamic Biotech &Genom (PBE) opened at $53.22 on Wednesday. PowerShares Dynamic Biotech &Genom has a fifty-two week low of $40.77 and a fifty-two week high of $54.28. The firm has a market capitalization of $265.00 and a P/E ratio of 4.09.

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PowerShares Dynamic Biotech &Genome(ETF) Profile

PowerShares Dynamic Biotechnology & Genome Portfolio (the Fund) is based on the Dynamic Biotechnology & Genome Intellidex Index (the Index). The Fund seeks investment results that correspond generally to the price and yield of the Index. The Index consists of stocks of 30 the United States biotechnology and genome companies.

Want to see what other hedge funds are holding PBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Dynamic Biotech &Genome(ETF) (NYSEARCA:PBE).

Institutional Ownership by Quarter for PowerShares Dynamic Biotech &Genome(ETF) (NYSEARCA:PBE)

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