Wealthstreet Investment Advisors LLC purchased a new stake in shares of PowerShares Dynamic Bldg. & Const. (NYSEARCA:PKB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 22,555 shares of the company’s stock, valued at approximately $782,000.

Several other hedge funds have also recently modified their holdings of PKB. Calton & Associates Inc. acquired a new position in shares of PowerShares Dynamic Bldg. & Const. during the 4th quarter valued at $674,000. MAI Capital Management increased its position in shares of PowerShares Dynamic Bldg. & Const. by 3.1% during the 4th quarter. MAI Capital Management now owns 305,652 shares of the company’s stock valued at $10,600,000 after purchasing an additional 9,058 shares during the period. US Bancorp DE increased its position in shares of PowerShares Dynamic Bldg. & Const. by 22.0% during the 4th quarter. US Bancorp DE now owns 21,599 shares of the company’s stock valued at $749,000 after purchasing an additional 3,893 shares during the period. Finally, Prospera Financial Services Inc increased its position in shares of PowerShares Dynamic Bldg. & Const. by 44.9% during the 4th quarter. Prospera Financial Services Inc now owns 12,462 shares of the company’s stock valued at $436,000 after purchasing an additional 3,862 shares during the period.

PowerShares Dynamic Bldg. & Const. (NYSEARCA:PKB) opened at $30.96 on Wednesday. PowerShares Dynamic Bldg. & Const. has a 1 year low of $28.01 and a 1 year high of $36.44. The stock has a market capitalization of $353.61 and a price-to-earnings ratio of 76.67.

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About PowerShares Dynamic Bldg. & Const.

PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

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Institutional Ownership by Quarter for PowerShares Dynamic Bldg. & Const. (NYSEARCA:PKB)

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