PowerShares Exchange-Traded Fund Trust II (BKLN) Shares Bought by Hollencrest Capital Management

Hollencrest Capital Management increased its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 24.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,538 shares of the exchange traded fund’s stock after acquiring an additional 10,470 shares during the period. Hollencrest Capital Management’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $1,211,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. grew its position in PowerShares Exchange-Traded Fund Trust II by 144.0% in the second quarter. Principal Financial Group Inc. now owns 30,500 shares of the exchange traded fund’s stock valued at $706,000 after purchasing an additional 18,000 shares in the last quarter. Thrivent Financial For Lutherans grew its position in PowerShares Exchange-Traded Fund Trust II by 61.6% in the second quarter. Thrivent Financial For Lutherans now owns 201,223 shares of the exchange traded fund’s stock valued at $4,656,000 after purchasing an additional 76,680 shares in the last quarter. MML Investors Services LLC bought a new position in PowerShares Exchange-Traded Fund Trust II in the second quarter valued at $3,016,000. FIL Ltd grew its position in PowerShares Exchange-Traded Fund Trust II by 44.6% in the second quarter. FIL Ltd now owns 340,153 shares of the exchange traded fund’s stock valued at $7,871,000 after purchasing an additional 104,854 shares in the last quarter. Finally, WESCAP Management Group Inc. bought a new position in PowerShares Exchange-Traded Fund Trust II in the second quarter valued at $391,000.

PowerShares Exchange-Traded Fund Trust II (BKLN) traded down $0.01 during trading on Friday, reaching $23.13. 3,622,400 shares of the company were exchanged, compared to its average volume of 3,489,867. PowerShares Exchange-Traded Fund Trust II has a 1-year low of $22.96 and a 1-year high of $23.46.

The firm also recently announced a monthly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were given a $0.0775 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $0.93 dividend on an annualized basis and a yield of 4.02%. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.

TRADEMARK VIOLATION WARNING: This piece was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://stocknewstimes.com/2018/01/19/powershares-exchange-traded-fund-trust-ii-bkln-shares-bought-by-hollencrest-capital-management.html.

Want to see what other hedge funds are holding BKLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN).

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