MML Investors Services LLC purchased a new position in shares of PowerShares S&P SmllCp Utlts Pfo (NASDAQ:PSCU) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,511 shares of the company’s stock, valued at approximately $238,000.

Separately, Virtu Financial LLC increased its position in PowerShares S&P SmllCp Utlts Pfo by 52.0% during the fourth quarter. Virtu Financial LLC now owns 7,019 shares of the company’s stock worth $371,000 after buying an additional 2,401 shares during the period.

How to Become a New Pot Stock Millionaire

PowerShares S&P SmllCp Utlts Pfo (NASDAQ PSCU) opened at $49.81 on Friday. PowerShares S&P SmllCp Utlts Pfo has a 12-month low of $47.05 and a 12-month high of $57.53.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Tuesday, March 20th will be given a dividend of $0.0356 per share. This represents a $0.14 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend is Monday, March 19th.

COPYRIGHT VIOLATION WARNING: “MML Investors Services LLC Invests $238,000 in PowerShares S&P SmllCp Utlts Pfo (PSCU) Stock” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this article can be read at https://www.watchlistnews.com/mml-investors-services-llc-invests-238000-in-powershares-sp-smllcp-utlts-pfo-pscu-stock/1960295.html.

PowerShares S&P SmllCp Utlts Pfo Company Profile

PowerShares S&P SmallCap Utilities Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies.

Want to see what other hedge funds are holding PSCU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares S&P SmllCp Utlts Pfo (NASDAQ:PSCU).

Receive News & Ratings for PowerShares S&P SmllCp Utlts Pfo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares S&P SmllCp Utlts Pfo and related companies with MarketBeat.com's FREE daily email newsletter.