Ladenburg Thalmann Financial Services Inc. lifted its stake in PowerShares Dynamic Biotech &Genome(ETF) (NYSEARCA:PBE) by 11.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 65,560 shares of the company’s stock after acquiring an additional 6,736 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in PowerShares Dynamic Biotech &Genome(ETF) were worth $3,092,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Citadel Advisors LLC purchased a new stake in shares of PowerShares Dynamic Biotech &Genome(ETF) in the fourth quarter worth about $400,000. Virtu Financial LLC boosted its stake in shares of PowerShares Dynamic Biotech &Genome(ETF) by 357.6% in the fourth quarter. Virtu Financial LLC now owns 57,474 shares of the company’s stock worth $2,710,000 after buying an additional 44,913 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of PowerShares Dynamic Biotech &Genome(ETF) by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 80,894 shares of the company’s stock worth $3,815,000 after buying an additional 1,096 shares during the last quarter.

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Shares of PowerShares Dynamic Biotech &Genome(ETF) stock opened at $51.77 on Thursday. PowerShares Dynamic Biotech &Genom has a one year low of $40.77 and a one year high of $54.28. The company has a market capitalization of $265.00 and a PE ratio of 3.98.

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PowerShares Dynamic Biotech &Genome(ETF) Company Profile

PowerShares Dynamic Biotechnology & Genome Portfolio (the Fund) is based on the Dynamic Biotechnology & Genome Intellidex Index (the Index). The Fund seeks investment results that correspond generally to the price and yield of the Index. The Index consists of stocks of 30 the United States biotechnology and genome companies.

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Institutional Ownership by Quarter for PowerShares Dynamic Biotech &Genome(ETF) (NYSEARCA:PBE)

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