Peak Capital Management LLC Sells 5,946 Shares of PowerShares Exchange-Traded Fund Trust II (SPLV)

Peak Capital Management LLC trimmed its position in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) by 3.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 146,784 shares of the company’s stock after selling 5,946 shares during the period. PowerShares Exchange-Traded Fund Trust II accounts for about 4.6% of Peak Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Peak Capital Management LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $6,721,000 as of its most recent filing with the SEC.

PowerShares Exchange-Traded Fund Trust II (SPLV) traded up $0.15 on Monday, hitting $48.00. 1,552,369 shares of the stock traded hands, compared to its average volume of 1,335,640. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $41.36 and a 12-month high of $48.48.

The business also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 19th were issued a dividend of $0.075 per share. The ex-dividend date was Monday, December 18th. This represents a $0.90 annualized dividend and a dividend yield of 1.88%.

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Want to see what other hedge funds are holding SPLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV).

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