Today were published PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB)‘s daily net flows. The ETF registered $190.58M asset inflows for 0.00% increase, reaching $17321.99M after yestarday’s trading session. The chart of PowerShares Exchange-Traded Fund Trust II shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 1.91% or $0.62 on October 5, hitting $33.4. It is down 19.45% since March 3, 2016 and is uptrending. It has outperformed by 11.11% the S&P500.
The ETF’s YTD performance is 10.53%, the 1 year is 7.12% and the 3 year is 9.22%.
The ETF’s average P/E ratio is 15.13, the price to book is 1.37, the price to sales is 1.35 and the price to cashflow is 5.7. PowerShares Exchange-Traded Fund Trust II is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Chesapeake Energy Corporation C for 1.95% of assets, Williams Companies Inc. (The) for 1.68%, Freeport-McMoRan Inc. Common S for 1.43%, Marathon Oil Corporation Common for 1.36%, Devon Energy Corporation Common for 1.36%, Micron Technology Inc. for 1.25%, Lincoln National Corporation Co for 1.19%, Morgan Stanley Common Stock for 1.19%, Murphy Oil Corporation Common S for 1.17%, Skyworks Solutions Inc. for 1.15%. The ETF sector weights are: Basic Materials 4.89%, Consumer Cyclical 7.39%, Financial Services 31.47%, Realestate 1.85%, Healthcare 6.13%, Communication Services 1.74%, Energy 28.09%, Industrials 3.80%, Technology 14.64%. The ETF currently as 0% yield.
More notable recent PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB) news were published by: Etfdailynews.com which released: “Are Floating-Rate Bond Funds A Buy? [PowerShares Exchange-Traded Fund Trust II]” on May 15, 2015, also Nasdaq.com with their article: “PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal (PSCH) Ex …” published on September 19, 2013, Benzinga.com published: “Small-Cap Tech Names To Outperform, Says Turning Point Analytics” on August 30, 2016. More interesting news about PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB) were released by: Etfdailynews.com and their article: “Preferred Stock ETFs Show Perseverance [iShares S&P US Pref Stock Idx Fnd (ETF …” published on July 16, 2015 as well as Etfdailynews.com‘s news article titled: “Five Defensive Funds To Guard Your Nest Egg” with publication date: July 23, 2013.
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