Millennium Management LLC Sells 16,566 Shares of PowerShares Aerospace & Defense (PUI)
Millennium Management LLC trimmed its holdings in PowerShares Aerospace & Defense (NASDAQ:PUI) by 54.2% during the 4th quarter, Holdings Channel reports. The firm owned 13,982 shares of the company’s stock after selling 16,566 shares during the period. Millennium Management LLC’s holdings in PowerShares Aerospace & Defense were worth $389,000 as of its most recent filing with the SEC.
Separately, First Allied Advisory Services Inc. purchased a new stake in shares of PowerShares Aerospace & Defense during the 4th quarter worth about $136,000.
PUI stock opened at $26.41 on Friday. PowerShares Aerospace & Defense has a 52-week low of $23.64 and a 52-week high of $29.97.
PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).
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