Advocacy Wealth Management Services LLC purchased a new stake in POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 237 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. PFS Investments Inc. raised its holdings in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 30.0% during the first quarter. PFS Investments Inc. now owns 122,130 shares of the company’s stock worth $15,583,000 after purchasing an additional 28,201 shares during the period. Hefren Tillotson Inc. raised its holdings in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 1.2% during the first quarter. Hefren Tillotson Inc. now owns 601,080 shares of the company’s stock worth $76,692,000 after purchasing an additional 7,287 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 70.2% during the first quarter. Steward Partners Investment Advisory LLC now owns 6,146 shares of the company’s stock worth $784,000 after purchasing an additional 2,535 shares during the period. Arbor Investment Advisors LLC raised its holdings in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 5.6% during the first quarter. Arbor Investment Advisors LLC now owns 34,121 shares of the company’s stock worth $4,354,000 after purchasing an additional 1,819 shares during the period. Finally, Smith Shellnut Wilson LLC ADV acquired a new stake in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO during the first quarter worth $83,000.

Shares of BMV:PRFZ traded up $1.01 on Tuesday, reaching $127.77. POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO has a twelve month low of $112.11 and a twelve month high of $136.76. The company has a fifty day simple moving average of $125.82.

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Institutional Ownership by Quarter for POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ)

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