Newfound Research LLC Has $5.38 Million Position in PowerShares S&P 500 BuyWrite Portfolio (PBP)

Newfound Research LLC increased its position in shares of PowerShares S&P 500 BuyWrite Portfolio (NYSEARCA:PBP) by 48.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 250,832 shares of the company’s stock after buying an additional 81,374 shares during the period. PowerShares S&P 500 BuyWrite Portfolio accounts for 2.9% of Newfound Research LLC’s holdings, making the stock its 16th biggest holding. Newfound Research LLC’s holdings in PowerShares S&P 500 BuyWrite Portfolio were worth $5,380,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital Advisors Ltd. LLC raised its stake in PowerShares S&P 500 BuyWrite Portfolio by 6.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 80,950 shares of the company’s stock worth $1,736,000 after buying an additional 4,767 shares during the last quarter. Juncture Wealth Strategies LLC increased its stake in PowerShares S&P 500 BuyWrite Portfolio by 5.1% in the fourth quarter. Juncture Wealth Strategies LLC now owns 100,695 shares of the company’s stock valued at $2,160,000 after purchasing an additional 4,864 shares in the last quarter. Wrapmanager Inc. increased its stake in PowerShares S&P 500 BuyWrite Portfolio by 32.5% in the fourth quarter. Wrapmanager Inc. now owns 50,008 shares of the company’s stock valued at $1,073,000 after purchasing an additional 12,255 shares in the last quarter. Bank of Montreal Can increased its stake in PowerShares S&P 500 BuyWrite Portfolio by 8.5% in the fourth quarter. Bank of Montreal Can now owns 261,333 shares of the company’s stock valued at $5,606,000 after purchasing an additional 20,582 shares in the last quarter. Finally, FinTrust Investment Advisory Services LLC increased its stake in PowerShares S&P 500 BuyWrite Portfolio by 2.8% in the fourth quarter. FinTrust Investment Advisory Services LLC now owns 213,751 shares of the company’s stock valued at $4,585,000 after purchasing an additional 5,892 shares in the last quarter.

Shares of PowerShares S&P 500 BuyWrite Portfolio (NYSEARCA:PBP) opened at $19.47 on Friday. PowerShares S&P 500 BuyWrite Portfolio has a 52 week low of $19.47 and a 52 week high of $23.00.

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Want to see what other hedge funds are holding PBP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares S&P 500 BuyWrite Portfolio (NYSEARCA:PBP).

Institutional Ownership by Quarter for PowerShares S&P 500 BuyWrite Portfolio (NYSEARCA:PBP)

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