Exchange Capital Management’s Invesco Aerospace & Defense ETF PPA Stock Holding History

Exchange Capital Management’s Portfolio PPA Stock Details PPA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-650	Closed	-$21K	–	242
2014 Q2	$21K	Hold	650	–	–	0.01%	124
2014 Q1	$21K	Hold	650	–	–	0.01%	134
2013 Q4	$20K	Hold	650	–	–	0.01%	118
2013 Q3	$18K	Hold	650	–	–	0.01%	114
2013 Q2	$16K	Buy	+650	New	+$15.5K	0.01%	113

Other funds holding PPA

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

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

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

Fiera Capital (Canada) Montreal, Quebec, Canada $29.2B AUM 20.16% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $94.2B AUM 21.24% 1-Year Est. Return

UAS

United Asset Strategies Garden City, New York $1.41B AUM 27.73% 1-Year Est. Return

RJA

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

Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

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

Exchange Capital Management's PPA Position: Q3 2014 in Review

Exchange Capital Management sold out of Invesco Aerospace & Defense ETF (PPA) in Q3 2014, closing a stake of 650 shares — an estimated $21K sold.

Exchange Capital Management first reported a position in PPA in Q2 2013 and held it in 5 quarters. The position peaked at $21K in Q2 2014. 31 funds tracked by Wall St. Rank hold PPA as of Q3 2014.

Exchange Capital Management reported no remaining Invesco Aerospace & Defense ETF position as of Q3 2014 after selling out during the quarter.
Exchange Capital Management sold 650 Invesco Aerospace & Defense ETF shares in Q3 2014, an estimated $21K.
Exchange Capital Management first reported a position in Invesco Aerospace & Defense ETF in Q2 2013 and held it in 5 quarters.
Exchange Capital Management's Invesco Aerospace & Defense ETF position peaked at $21K in Q2 2014.
31 funds tracked by Wall St. Rank held Invesco Aerospace & Defense ETF as of Q3 2014.

Based on Exchange Capital Management's 13F filing for Q3 2014, filed 3 Oct 2014.