POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (PXJ) Shares Bought by Patriot Wealth Management Inc.

Patriot Wealth Management Inc. increased its holdings in shares of POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (BMV:PXJ) by 6,737.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 881,141 shares of the company’s stock after buying an additional 868,254 shares during the quarter. POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO accounts for about 1.2% of Patriot Wealth Management Inc.’s portfolio, making the stock its 27th largest position. Patriot Wealth Management Inc. owned approximately 22.89% of POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO worth $8,406,000 as of its most recent SEC filing.

POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO (BMV:PXJ) traded up $0.07 during trading on Wednesday, reaching $10.49. POWERSHARES DYNAMIC OIL & GAS SERVICES PORTFOLIO has a 1 year low of $7.99 and a 1 year high of $13.74.

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th were paid a dividend of $0.198 per share. The ex-dividend date was Monday, December 18th. This represents a $0.79 annualized dividend and a yield of 7.55%.

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