Cumberland Advisors’s Invesco Golden Dragon China ETF PGJ Stock Holding History

Cumberland Advisors’s Portfolio PGJ Stock Details PGJ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-16,620	Closed	-$557K	–	61
2015 Q2	$557K	Buy	16,620 +4,090	+33%	+$138K	0.29%	37
2015 Q1	$373K	Buy	12,530 +7,700	+159%	+$220K	0.19%	40
2014 Q4	$135K	Sell	4,830 -64,220	-93%	-$1.9M	0.08%	44
2014 Q3	$2.07M	Buy	+69,050	New	+$2.2M	1.37%	25
2014 Q2	–	Sell	-74,340	Closed	-$2.24M	–	58
2014 Q1	$2.24M	Buy	+74,340	New	+$2.28M	1.29%	28
2013 Q4	–	Sell	-162,530	Closed	-$4.66M	–	36
2013 Q3	$4.66M	Sell	162,530 -24,810	-13%	-$622K	2.76%	10
2013 Q2	$3.94M	Buy	+187,340	New	+$3.78M	2.15%	18

Other funds holding PGJ

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

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

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

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

TAM

Tocqueville Asset Management New York $6.74B AUM 32.29% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Davis Rea Toronto, Ontario, Canada $384M AUM 11.74% 1-Year Est. Return

Cumberland Advisors's PGJ Position: Q3 2015 in Review

Cumberland Advisors sold out of Invesco Golden Dragon China ETF (PGJ) in Q3 2015, closing a stake of 16,620 shares — an estimated $557K sold.

Cumberland Advisors first reported a position in PGJ in Q2 2013 and held it in 7 quarters. The position peaked at $4.66M in Q3 2013. 35 funds tracked by Wall St. Rank hold PGJ as of Q3 2015.

Cumberland Advisors reported no remaining Invesco Golden Dragon China ETF position as of Q3 2015 after selling out during the quarter.
Cumberland Advisors sold 16,620 Invesco Golden Dragon China ETF shares in Q3 2015, an estimated $557K.
Cumberland Advisors first reported a position in Invesco Golden Dragon China ETF in Q2 2013 and held it in 7 quarters.
Cumberland Advisors's Invesco Golden Dragon China ETF position peaked at $4.66M in Q3 2013.
35 funds tracked by Wall St. Rank held Invesco Golden Dragon China ETF as of Q3 2015.

Based on Cumberland Advisors's 13F filing for Q3 2015, filed 8 Oct 2015.