Patriot Wealth Management Inc. boosted its stake in shares of POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (BMV:PXJ) by 6,737.4% in the 4th quarter, HoldingsChannel reports. The fund owned 881,141 shares of the company’s stock after buying an additional 868,254 shares during the period. POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO makes up 1.2% of Patriot Wealth Management Inc.’s investment portfolio, making the stock its 27th largest position. Patriot Wealth Management Inc. owned 0.23% of POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO worth $8,406,000 as of its most recent SEC filing.

Shares of POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (PXJ) traded up $0.02 during mid-day trading on Wednesday, reaching $10.31. POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO has a 52 week low of $7.99 and a 52 week high of $13.74.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were given a dividend of $0.198 per share. This represents a $0.79 annualized dividend and a yield of 7.68%. The ex-dividend date was Monday, December 18th.

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Want to see what other hedge funds are holding PXJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (BMV:PXJ).

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