Wrapmanager Inc. Takes $539,000 Position in PowerShares S&P SlCp Mls Ptfo (NASDAQ:PSCM)

Wrapmanager Inc. bought a new position in shares of PowerShares S&P SlCp Mls Ptfo (NASDAQ:PSCM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,295 shares of the company’s stock, valued at approximately $539,000. Wrapmanager Inc. owned about 1.14% of PowerShares S&P SlCp Mls Ptfo at the end of the most recent reporting period.

PowerShares S&P SlCp Mls Ptfo (PSCM) traded up $0.15 during trading hours on Friday, hitting $49.54. 1,636 shares of the stock were exchanged, compared to its average volume of 15,266. PowerShares S&P SlCp Mls Ptfo has a 52 week low of $43.76 and a 52 week high of $55.75.

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About PowerShares S&P SlCp Mls Ptfo

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

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