Cumberland Advisors’s SPDR S&P Emerging Asia Pacific ETF GMF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-34,090	Closed	-$3.01M	–	57
2015 Q2	$3.01M	Sell	34,090 -24,340	-42%	-$2.15M	1.59%	20
2015 Q1	$5.14M	Buy	58,430 +7,470	+15%	+$658K	2.67%	13
2014 Q4	$4.25M	Buy	+50,960	New	+$4.25M	2.47%	12