Cetera Advisors LLC Cuts Stake in PowerShares KBW Bank Portfolio (KBWB)

Cetera Advisors LLC lessened its position in shares of PowerShares KBW Bank Portfolio (NASDAQ:KBWB) by 10.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,191 shares of the company’s stock after selling 3,745 shares during the quarter. Cetera Advisors LLC owned about 0.18% of PowerShares KBW Bank Portfolio worth $1,698,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. increased its holdings in PowerShares KBW Bank Portfolio by 2.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 12,107 shares of the company’s stock valued at $597,000 after purchasing an additional 289 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its holdings in PowerShares KBW Bank Portfolio by 7.7% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 16,207 shares of the company’s stock valued at $830,000 after purchasing an additional 1,161 shares during the last quarter. SOL Capital Management CO increased its holdings in PowerShares KBW Bank Portfolio by 0.5% in the third quarter. SOL Capital Management CO now owns 278,432 shares of the company’s stock valued at $14,256,000 after purchasing an additional 1,250 shares during the last quarter. Cranbrook Wealth Management LLC bought a new stake in PowerShares KBW Bank Portfolio in the second quarter valued at about $101,000. Finally, New York State Common Retirement Fund increased its holdings in PowerShares KBW Bank Portfolio by 0.9% in the second quarter. New York State Common Retirement Fund now owns 287,221 shares of the company’s stock valued at $14,171,000 after purchasing an additional 2,496 shares during the last quarter.

Shares of PowerShares KBW Bank Portfolio (NASDAQ KBWB) opened at $54.80 on Thursday. PowerShares KBW Bank Portfolio has a fifty-two week low of $45.34 and a fifty-two week high of $55.75.

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Institutional Ownership by Quarter for PowerShares KBW Bank Portfolio (NASDAQ:KBWB)

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