Cumberland Advisors’s iShares MSCI Belgium ETF EWK Stock Holding History

Cumberland Advisors’s Portfolio EWK Stock Details EWK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-172,435	Closed	-$3.11M	–	54
2015 Q4	$3.11M	Sell	172,435 -7,520	-4%	-$132K	1.84%	19
2015 Q3	$2.96M	Buy	179,955 +47,475	+36%	+$826K	1.84%	20
2015 Q2	$2.3M	Buy	132,480 +11,610	+10%	+$206K	1.22%	21
2015 Q1	$2.04M	Sell	120,870 -170	-0.1%	-$2.85K	1.06%	25
2014 Q4	$1.96M	Sell	121,040 -4,790	-4%	-$77.3K	1.14%	26
2014 Q3	$2.05M	Buy	+125,830	New	+$2.13M	1.35%	26

Other funds holding EWK

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Hays Advisory Franklin, Tennessee $157M AUM 9.67% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

SG Americas Securities New York $92.9B AUM 36.98% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

AIA

Arrow Investment Advisors Laurel, Maryland $93.9M AUM 10.95% 1-Year Est. Return

SAM

Shamrock Asset Management Dallas, Texas $128M AUM 2.65% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Cumberland Advisors's EWK Position: Q1 2016 in Review

Cumberland Advisors sold out of iShares MSCI Belgium ETF (EWK) in Q1 2016, closing a stake of 172,435 shares — an estimated $3.11M sold.

Cumberland Advisors first reported a position in EWK in Q3 2014 and held it in 6 quarters. The position peaked at $3.11M in Q4 2015. 56 funds tracked by Wall St. Rank hold EWK as of Q1 2016.

Cumberland Advisors reported no remaining iShares MSCI Belgium ETF position as of Q1 2016 after selling out during the quarter.
Cumberland Advisors sold 172,435 iShares MSCI Belgium ETF shares in Q1 2016, an estimated $3.11M.
Cumberland Advisors first reported a position in iShares MSCI Belgium ETF in Q3 2014 and held it in 6 quarters.
Cumberland Advisors's iShares MSCI Belgium ETF position peaked at $3.11M in Q4 2015.
56 funds tracked by Wall St. Rank held iShares MSCI Belgium ETF as of Q1 2016.

Based on Cumberland Advisors's 13F filing for Q1 2016, filed 11 Apr 2016.