Kovack Advisors’s ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN MORL Stock Holding History

Kovack Advisors’s Portfolio MORL Stock Details MORL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-63,164	Closed	-$1M	–	522
2018 Q2	$1M	Buy	63,164 +4,263	+7%	+$64.8K	0.28%	89
2018 Q1	$897K	Buy	58,901 +42,628	+262%	+$637K	0.23%	112
2017 Q4	$287K	Buy	+16,273	New	+$285K	0.07%	314
2017 Q3	–	Sell	-30,903	Closed	-$576K	–	427
2017 Q2	$576K	Buy	30,903 +17,778	+135%	+$320K	0.18%	145
2017 Q1	$233K	Buy	+13,125	New	+$213K	0.09%	237
2016 Q4	–	Sell	-11,272	Closed	-$178K	–	330
2016 Q3	$178K	Buy	+11,272	New	+$174K	0.09%	233

Other funds holding MORL

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Claybrook Capital Wellesley, Massachusetts $175M AUM 10.74% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

MBTD

Mechanics Bank - Trust Department Walnut Creek, California $808M AUM 23.44% 1-Year Est. Return

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

SPC

Sigma Planning Corp Ann Arbor, Michigan $3.6B AUM 24.57% 1-Year Est. Return

WAM

Weiss Asset Management Boston, Massachusetts $5.91B AUM 42.42% 1-Year Est. Return

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

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

Kovack Advisors's MORL Position: Q3 2018 in Review

Kovack Advisors sold out of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) in Q3 2018, closing a stake of 63,164 shares — an estimated $1M sold.

Kovack Advisors first reported a position in MORL in Q3 2016 and held it in 6 quarters. The position peaked at $1M in Q2 2018. 20 funds tracked by Wall St. Rank hold MORL as of Q3 2018.

Kovack Advisors reported no remaining ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN position as of Q3 2018 after selling out during the quarter.
Kovack Advisors sold 63,164 ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN shares in Q3 2018, an estimated $1M.
Kovack Advisors first reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in Q3 2016 and held it in 6 quarters.
Kovack Advisors's ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN position peaked at $1M in Q2 2018.
20 funds tracked by Wall St. Rank held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN as of Q3 2018.

Based on Kovack Advisors's 13F filing for Q3 2018, filed 9 Oct 2018.