Cumberland Advisors’s Invesco Dorsey Wright Developed Markets Momentum ETF PIZ Stock Holding History

Cumberland Advisors’s Portfolio PIZ Stock Details PIZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-21,050	Closed	-$524K	–	64
2015 Q1	$524K	Buy	21,050 +13,770	+189%	+$338K	0.27%	39
2014 Q4	$175K	Buy	7,280 +3,580	+97%	+$86.5K	0.1%	42
2014 Q3	$90K	Buy	3,700 +3,170	+598%	+$81.1K	0.06%	38
2014 Q2	$14K	Sell	530 -356,550	-100%	-$9.45M	0.01%	52
2014 Q1	$9.62M	Buy	357,080 +152,470	+75%	+$4.04M	5.53%	5
2013 Q4	$5.42M	Buy	204,610 +53,710	+36%	+$1.37M	3.02%	11
2013 Q3	$3.78M	Buy	+150,900	New	+$3.49M	2.24%	12

Other funds holding PIZ

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

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

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

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Hoxton Financial Shepherdstown, West Virginia $194M AUM 6.21% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

LFG

LifePlan Financial Group Dayton, Ohio $232M AUM 8.43% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

AIG

American International Group New York $2.93M AUM 12.08% 1-Year Est. Return

Cumberland Advisors's PIZ Position: Q2 2015 in Review

Cumberland Advisors sold out of Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) in Q2 2015, closing a stake of 21,050 shares — an estimated $524K sold.

Cumberland Advisors first reported a position in PIZ in Q3 2013 and held it in 7 quarters. The position peaked at $9.62M in Q1 2014. 66 funds tracked by Wall St. Rank hold PIZ as of Q2 2015.

Cumberland Advisors reported no remaining Invesco Dorsey Wright Developed Markets Momentum ETF position as of Q2 2015 after selling out during the quarter.
Cumberland Advisors sold 21,050 Invesco Dorsey Wright Developed Markets Momentum ETF shares in Q2 2015, an estimated $524K.
Cumberland Advisors first reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF in Q3 2013 and held it in 7 quarters.
Cumberland Advisors's Invesco Dorsey Wright Developed Markets Momentum ETF position peaked at $9.62M in Q1 2014.
66 funds tracked by Wall St. Rank held Invesco Dorsey Wright Developed Markets Momentum ETF as of Q2 2015.

Based on Cumberland Advisors's 13F filing for Q2 2015, filed 13 Jul 2015.