Noven Financial Group’s Vanguard S&P Mid-Cap 400 Value ETF IVOV Stock Holding History

Noven Financial Group’s Portfolio IVOV Stock Details IVOV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-47,670	Closed	-$2.36M	–	39
2015 Q1	$2.36M	Sell	47,670 -2,452	-5%	-$119K	1.7%	15
2014 Q4	$2.42M	Sell	50,122 -108,866	-68%	-$5.13M	1.8%	15
2014 Q3	$7.29M	Buy	158,988 +10,452	+7%	+$495K	5.31%	7
2014 Q2	$7.15M	Buy	+148,536	New	+$6.83M	5.15%	7

Other funds holding IVOV

Jefferies Group New York $12B AUM 6.2% 1-Year Est. Return

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

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

CAN

Cetera Advisor Networks El Segundo, California $20.2B AUM 22.31% 1-Year Est. Return

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

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

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

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

SG Americas Securities New York $92.9B AUM 36.98% 1-Year Est. Return

MFS

MSI Financial Services Springfield, Massachusetts $3.07B AUM 10.22% 1-Year Est. Return

Noven Financial Group's IVOV Position: Q2 2015 in Review

Noven Financial Group sold out of Vanguard S&P Mid-Cap 400 Value ETF (IVOV) in Q2 2015, closing a stake of 47,670 shares — an estimated $2.36M sold.

Noven Financial Group first reported a position in IVOV in Q2 2014 and held it in 4 quarters. The position peaked at $7.29M in Q3 2014. 18 funds tracked by Wall St. Rank hold IVOV as of Q2 2015.

Noven Financial Group reported no remaining Vanguard S&P Mid-Cap 400 Value ETF position as of Q2 2015 after selling out during the quarter.
Noven Financial Group sold 47,670 Vanguard S&P Mid-Cap 400 Value ETF shares in Q2 2015, an estimated $2.36M.
Noven Financial Group first reported a position in Vanguard S&P Mid-Cap 400 Value ETF in Q2 2014 and held it in 4 quarters.
Noven Financial Group's Vanguard S&P Mid-Cap 400 Value ETF position peaked at $7.29M in Q3 2014.
18 funds tracked by Wall St. Rank held Vanguard S&P Mid-Cap 400 Value ETF as of Q2 2015.

Based on Noven Financial Group's 13F filing for Q2 2015, filed 12 Aug 2015.