Centaurus Financial Inc. acquired a new position in PowerShares Dynamic Heathcare Sec (NASDAQ:PTH) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,776 shares of the company’s stock, valued at approximately $1,209,000.
Other institutional investors have also recently added to or reduced their stakes in the company. First Allied Advisory Services Inc. purchased a new position in shares of PowerShares Dynamic Heathcare Sec in the 4th quarter worth about $184,000. Steward Partners Investment Advisory LLC purchased a new position in shares of PowerShares Dynamic Heathcare Sec in the 4th quarter worth about $670,000. Finally, Calton & Associates Inc. purchased a new position in shares of PowerShares Dynamic Heathcare Sec in the 4th quarter worth about $676,000.
PowerShares Dynamic Heathcare Sec (PTH) opened at $78.66 on Tuesday. The company has a market capitalization of $172.14, a PE ratio of 8.58 and a beta of 1.31. PowerShares Dynamic Heathcare Sec has a twelve month low of $51.56 and a twelve month high of $80.56.
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PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.
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