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PwrShr DWA Dev Mkts
PwrShr DWA Dev Mkts. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 3 Institutional holders with a total value of $11,527,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 CUMBERLAND ADVISORS INC 357,080 9,620,000 83.46%
2 Exchange Capital Management, Inc. 51,728 1,394,000 12.09%
3 MID CONTINENT CAPITAL LLC/IL 19,025 513,000 4.45%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.