AdvisorNet Financial Inc lifted its stake in PowerShares Aerospace & Defense (NYSEARCA:PSP) by 43.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,245 shares of the company’s stock after purchasing an additional 9,527 shares during the quarter. AdvisorNet Financial Inc owned about 0.16% of PowerShares Aerospace & Defense worth $376,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of PowerShares Aerospace & Defense in the fourth quarter valued at approximately $312,000. Regal Investment Advisors LLC acquired a new stake in PowerShares Aerospace & Defense during the fourth quarter worth $257,000. SG Americas Securities LLC acquired a new stake in PowerShares Aerospace & Defense during the fourth quarter worth $6,288,000. Juncture Wealth Strategies LLC increased its stake in PowerShares Aerospace & Defense by 137.1% during the fourth quarter. Juncture Wealth Strategies LLC now owns 393,954 shares of the company’s stock worth $4,905,000 after acquiring an additional 227,800 shares during the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC increased its stake in PowerShares Aerospace & Defense by 3.9% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 179,995 shares of the company’s stock worth $2,241,000 after acquiring an additional 6,715 shares during the last quarter.

PSP stock opened at $12.34 on Friday. PowerShares Aerospace & Defense has a 52-week low of $12.26 and a 52-week high of $12.26.

About PowerShares Aerospace & Defense

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index.

Institutional Ownership by Quarter for PowerShares Aerospace & Defense (NYSEARCA:PSP)

Receive News & Ratings for PowerShares Aerospace & Defense Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Aerospace & Defense and related companies with MarketBeat.com's FREE daily email newsletter.