Newgate Capital Management’s Invesco National AMT-Free Municipal Bond ETF PZA Stock Holding History

Newgate Capital Management’s Portfolio PZA Stock Details PZA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	$2.27M	Sell	85,592 -11,316	-12%	-$295K	1.87%	14
2016 Q1	$2.49M	Buy	+96,908	New	+$2.48M	2.24%	13
2015 Q3	–	Sell	-12,405	Closed	-$306K	–	105
2015 Q2	$306K	Sell	12,405 -156	-1%	-$3.91K	0.23%	93
2015 Q1	$321K	Buy	+12,561	New	+$321K	0.22%	86
2014 Q3	–	Sell	-18,271	Closed	-$451K	–	113
2014 Q2	$451K	Buy	+18,271	New	+$447K	0.12%	100

Other funds holding PZA

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

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

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

TNBTD

Trustmark National Bank Trust Department Jackson, Mississippi $1.56B AUM 16.53% 1-Year Est. Return

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

AssetMark Inc Concord, California $49B AUM 17.78% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

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

RJFSA

Raymond James Financial Services Advisors St. Petersburg, Florida $75.1B AUM 31.89% 1-Year Est. Return

Newgate Capital Management's PZA Position: Q2 2016 in Review

Newgate Capital Management reduced its Invesco National AMT-Free Municipal Bond ETF (PZA) stake by 12% in Q2 2016, selling an estimated $295K and leaving 85,592 shares worth $2.27M. The position accounts for 1.87% of the portfolio, ranked #14.

Newgate Capital Management first reported a position in PZA in Q2 2014 and has held it in 5 quarters since. The position peaked at $2.49M in Q1 2016. 89 funds tracked by Wall St. Rank hold PZA as of Q2 2016.

Newgate Capital Management held 85,592 shares of Invesco National AMT-Free Municipal Bond ETF worth $2.27M as of Q2 2016.
Newgate Capital Management sold 11,316 Invesco National AMT-Free Municipal Bond ETF shares in Q2 2016, an estimated $295K.
Invesco National AMT-Free Municipal Bond ETF made up 1.87% of Newgate Capital Management's portfolio in Q2 2016, its #14 holding.
Newgate Capital Management first reported a position in Invesco National AMT-Free Municipal Bond ETF in Q2 2014 and has held it in 5 quarters since.
Newgate Capital Management's Invesco National AMT-Free Municipal Bond ETF position peaked at $2.49M in Q1 2016.
89 funds tracked by Wall St. Rank held Invesco National AMT-Free Municipal Bond ETF as of Q2 2016.

Based on Newgate Capital Management's 13F filing for Q2 2016, filed 3 Aug 2016.