Exchange Capital Management’s Invesco Dorsey Wright Developed Markets Momentum ETF PIZ Stock Holding History

Exchange Capital Management’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 Q3	–	Sell	-10,820	Closed	-$258K	–	90
2015 Q2	$258K	Sell	10,820 -2,000	-16%	-$50.9K	0.11%	82
2015 Q1	$319K	Sell	12,820 -3,885	-23%	-$95.4K	0.13%	76
2014 Q4	$401K	Sell	16,705 -31,047	-65%	-$750K	0.17%	70
2014 Q3	$1.17M	Sell	47,752 -5,489	-10%	-$140K	0.51%	57
2014 Q2	$1.4M	Buy	53,241 +1,513	+3%	+$40.1K	0.62%	55
2014 Q1	$1.39M	Buy	51,728 +3,585	+7%	+$95K	0.64%	55
2013 Q4	$1.28M	Buy	48,143 +29,703	+161%	+$757K	0.62%	54
2013 Q3	$462K	Buy	18,440 +300	+2%	+$6.94K	0.24%	68
2013 Q2	$383K	Buy	+18,140	New	+$395K	0.21%	69

Other funds holding PIZ

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

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

Hoxton Financial Shepherdstown, West Virginia $194M AUM 6.21% 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

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

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

LFG

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

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

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

Exchange Capital Management's PIZ Position: Q3 2015 in Review

Exchange Capital Management sold out of Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) in Q3 2015, closing a stake of 10,820 shares — an estimated $258K sold.

Exchange Capital Management first reported a position in PIZ in Q2 2013 and held it in 9 quarters. The position peaked at $1.4M in Q2 2014. 58 funds tracked by Wall St. Rank hold PIZ as of Q3 2015.

Exchange Capital Management reported no remaining Invesco Dorsey Wright Developed Markets Momentum ETF position as of Q3 2015 after selling out during the quarter.
Exchange Capital Management sold 10,820 Invesco Dorsey Wright Developed Markets Momentum ETF shares in Q3 2015, an estimated $258K.
Exchange Capital Management first reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF in Q2 2013 and held it in 9 quarters.
Exchange Capital Management's Invesco Dorsey Wright Developed Markets Momentum ETF position peaked at $1.4M in Q2 2014.
58 funds tracked by Wall St. Rank held Invesco Dorsey Wright Developed Markets Momentum ETF as of Q3 2015.

Based on Exchange Capital Management's 13F filing for Q3 2015, filed 7 Oct 2015.