Arbor Investment Advisors’s iShares MSCI Brazil ETF EWZ Stock Holding History

Arbor Investment Advisors’s Portfolio EWZ Stock Details EWZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-6,834	Closed	-$224K	–	40
2015 Q2	$224K	Buy	6,834 +154	+2%	+$5.32K	0.13%	38
2015 Q1	$210K	Hold	6,680	–	–	0.12%	42
2014 Q4	$244K	Buy	6,680 +62	+0.9%	+$2.52K	0.14%	40
2014 Q3	$288K	Buy	6,618 +107	+2%	+$5.29K	0.16%	35
2014 Q2	$311K	Buy	6,511 +877	+16%	+$42K	0.17%	39
2014 Q1	$254K	Buy	5,634 +1,110	+25%	+$45.6K	0.15%	41
2013 Q4	$202K	Buy	4,524 +59	+1%	+$2.8K	0.12%	37
2013 Q3	$214K	Sell	4,465 -251	-5%	-$11.2K	0.14%	36
2013 Q2	$207K	Buy	+4,716	New	+$245K	0.15%	36

Other funds holding EWZ

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

State of Tennessee, Department of Treasury Nashville, Tennessee $33.7B AUM 43.08% 1-Year Est. Return

OFM

Okumus Fund Management Grand Cayman, Cayman Islands $48.7M AUM 70.39% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

NWI Management New York $2.16B AUM 62.95% 1-Year Est. Return

HSBC Holdings London, United Kingdom $239B AUM 42.32% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Arbor Investment Advisors's EWZ Position: Q3 2015 in Review

Arbor Investment Advisors sold out of iShares MSCI Brazil ETF (EWZ) in Q3 2015, closing a stake of 6,834 shares — an estimated $224K sold.

Arbor Investment Advisors first reported a position in EWZ in Q2 2013 and held it in 9 quarters. The position peaked at $311K in Q2 2014. 184 funds tracked by Wall St. Rank hold EWZ as of Q3 2015.

Arbor Investment Advisors reported no remaining iShares MSCI Brazil ETF position as of Q3 2015 after selling out during the quarter.
Arbor Investment Advisors sold 6,834 iShares MSCI Brazil ETF shares in Q3 2015, an estimated $224K.
Arbor Investment Advisors first reported a position in iShares MSCI Brazil ETF in Q2 2013 and held it in 9 quarters.
Arbor Investment Advisors's iShares MSCI Brazil ETF position peaked at $311K in Q2 2014.
184 funds tracked by Wall St. Rank held iShares MSCI Brazil ETF as of Q3 2015.

Based on Arbor Investment Advisors's 13F filing for Q3 2015, filed 23 Oct 2015.