Niemann Capital Management’s Invesco S&P SmallCap Utilities & Communication Services ETF PSCU Stock Holding History

Niemann Capital Management’s Portfolio PSCU Stock Details PSCU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-481,798	Closed	-$23.8M	–	23
2016 Q2	$23.8M	Buy	481,798 +33,479	+7%	+$1.52M	17.93%	1
2016 Q1	$20.2M	Buy	448,319 +185,328	+70%	+$7.87M	18.66%	1
2015 Q4	$10.8M	Buy	+262,991	New	+$10.7M	13.69%	4

Other funds holding PSCU

RJFSA

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

UCFA

United Capital Financial Advisors Irving, Texas $16.3B AUM 16.34% 1-Year Est. Return

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

Bard Associates Chicago, Illinois $398M AUM 54.32% 1-Year Est. Return

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

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

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

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

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

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

Niemann Capital Management's PSCU Position: Q3 2016 in Review

Niemann Capital Management sold out of Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) in Q3 2016, closing a stake of 481,798 shares — an estimated $23.8M sold.

Niemann Capital Management first reported a position in PSCU in Q4 2015 and held it in 3 quarters. The position peaked at $23.8M in Q2 2016. 31 funds tracked by Wall St. Rank hold PSCU as of Q3 2016.

Niemann Capital Management reported no remaining Invesco S&P SmallCap Utilities & Communication Services ETF position as of Q3 2016 after selling out during the quarter.
Niemann Capital Management sold 481,798 Invesco S&P SmallCap Utilities & Communication Services ETF shares in Q3 2016, an estimated $23.8M.
Niemann Capital Management first reported a position in Invesco S&P SmallCap Utilities & Communication Services ETF in Q4 2015 and held it in 3 quarters.
Niemann Capital Management's Invesco S&P SmallCap Utilities & Communication Services ETF position peaked at $23.8M in Q2 2016.
31 funds tracked by Wall St. Rank held Invesco S&P SmallCap Utilities & Communication Services ETF as of Q3 2016.

Based on Niemann Capital Management's 13F filing for Q3 2016, filed 8 Nov 2016.