PowerShares Dynamic Semiconductors (PSI) Shares Sold by Beck Capital Management LLC

Beck Capital Management LLC lowered its holdings in shares of PowerShares Dynamic Semiconductors (NYSEARCA:PSI) by 10.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 55,342 shares of the company’s stock after selling 6,366 shares during the period. Beck Capital Management LLC owned 0.88% of PowerShares Dynamic Semiconductors worth $2,734,000 as of its most recent filing with the SEC.

Separately, Private Advisor Group LLC boosted its holdings in shares of PowerShares Dynamic Semiconductors by 17.5% during the third quarter. Private Advisor Group LLC now owns 10,283 shares of the company’s stock worth $521,000 after acquiring an additional 1,535 shares during the period.

Shares of PowerShares Dynamic Semiconductors (NYSEARCA:PSI) traded up $0.07 during trading hours on Wednesday, hitting $49.45. The stock had a trading volume of 223,000 shares, compared to its average volume of 82,106. PowerShares Dynamic Semiconductors has a 12 month low of $34.62 and a 12 month high of $55.53.

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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.

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