PowerShares Dynamic Lg. Cap Value (PWV) Stake Lessened by Cullen Frost Bankers Inc.

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Cullen Frost Bankers Inc. trimmed its holdings in PowerShares Dynamic Lg. Cap Value (NYSEARCA:PWV) by 10.5% in the third quarter, Holdings Channel reports. The institutional investor owned 177,649 shares of the company’s stock after selling 20,881 shares during the period. Cullen Frost Bankers Inc.’s holdings in PowerShares Dynamic Lg. Cap Value were worth $6,641,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PWV. Alpha Cubed Investments LLC acquired a new stake in shares of PowerShares Dynamic Lg. Cap Value in the third quarter valued at approximately $382,000. First Allied Advisory Services Inc. lifted its holdings in PowerShares Dynamic Lg. Cap Value by 17.1% during the 2nd quarter. First Allied Advisory Services Inc. now owns 11,761 shares of the company’s stock worth $418,000 after purchasing an additional 1,719 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in PowerShares Dynamic Lg. Cap Value by 20.3% during the 2nd quarter. Centaurus Financial Inc. now owns 17,506 shares of the company’s stock worth $624,000 after purchasing an additional 2,953 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in PowerShares Dynamic Lg. Cap Value by 78.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 21,675 shares of the company’s stock worth $773,000 after purchasing an additional 9,514 shares during the last quarter. Finally, Riverpoint Wealth Management Holdings LLC lifted its holdings in PowerShares Dynamic Lg. Cap Value by 5.6% during the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 39,281 shares of the company’s stock worth $1,401,000 after purchasing an additional 2,095 shares during the last quarter.

NYSEARCA:PWV opened at $34.63 on Tuesday. PowerShares Dynamic Lg. Cap Value has a 1-year low of $34.23 and a 1-year high of $40.51.

About PowerShares Dynamic Lg. Cap Value

PowerShares Dynamic Large Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Large Cap Value Intellidex Index (the Index). The Index is designed to provide capital appreciation, while maintaining consistent stylistically accurate exposure.

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Want to see what other hedge funds are holding PWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Dynamic Lg. Cap Value (NYSEARCA:PWV).

Institutional Ownership by Quarter for PowerShares Dynamic Lg. Cap Value (NYSEARCA:PWV)

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