Raymond James & Associates raised its stake in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB) by 91.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 297,894 shares of the company’s stock after purchasing an additional 142,260 shares during the quarter. Raymond James & Associates owned 2.72% of PowerShares Exchange-Traded Fund Trust II worth $12,658,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE purchased a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the fourth quarter worth approximately $327,000. Oppenheimer & Co. Inc. raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 89.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 11,165 shares of the company’s stock worth $474,000 after purchasing an additional 5,261 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the fourth quarter worth approximately $1,161,000. FDx Advisors Inc. purchased a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the fourth quarter worth approximately $1,723,000. Finally, First Allied Advisory Services Inc. purchased a new stake in shares of PowerShares Exchange-Traded Fund Trust II in the fourth quarter worth approximately $1,999,000.

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PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB) opened at $42.97 on Friday. PowerShares Exchange-Traded Fund Trust II has a twelve month low of $35.68 and a twelve month high of $46.04.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Tuesday, March 20th will be issued a $0.1163 dividend. This represents a $0.47 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Monday, March 19th.

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Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB)

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