Ladenburg Thalmann Financial Services Inc. lifted its stake in PowerShares Dynamic Semiconductors (NYSEARCA:PSI) by 39.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,703 shares of the company’s stock after purchasing an additional 26,086 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned about 1.47% of PowerShares Dynamic Semiconductors worth $4,581,000 as of its most recent SEC filing.

Separately, Private Advisor Group LLC raised its position in PowerShares Dynamic Semiconductors by 17.5% during the 3rd quarter. Private Advisor Group LLC now owns 10,283 shares of the company’s stock worth $521,000 after buying an additional 1,535 shares during the last quarter.

PowerShares Dynamic Semiconductors (NYSEARCA:PSI) traded up $0.20 on Wednesday, reaching $49.71. 143,400 shares of the company’s stock were exchanged, compared to its average volume of 83,456. PowerShares Dynamic Semiconductors has a 12 month low of $35.80 and a 12 month high of $55.53.

COPYRIGHT VIOLATION WARNING: “PowerShares Dynamic Semiconductors (PSI) Shares Bought by Ladenburg Thalmann Financial Services Inc.” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/powershares-dynamic-semiconductors-psi-shares-bought-by-ladenburg-thalmann-financial-services-inc/1762016.html.

About PowerShares Dynamic Semiconductors

PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

Want to see what other hedge funds are holding PSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Dynamic Semiconductors (NYSEARCA:PSI).

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