Gerstein Fisher Last Quarter Change: USA ETF, Reduced

Gerstein Fisher quarter change: USA ETF, Reduced

In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), from the quarter ended 2016-06-30 to 2016-09-30, Gerstein Fisher opened 4 positions, added to 19, reduced 8, sold out of 1 and left 3 unchanged. The largest increase in value was IEMG (+$5,427,000); the largest decrease was BWX (-$943,000).

EEM: Country of operation —; Class ETF; Shares 2016-06-30 1,573,814; Shares 2016-09-30 1,526,083.
VBR: Country of operation —; Class ETF; Shares 2016-06-30 109,128; Shares 2016-09-30 107,416.
VWO: Country of operation —; Class ETF; Shares 2016-06-30 21,455; Shares 2016-09-30 16,112.
POWERSHARES DB ENERGY FUND: Country of operation —; Class ETF; Shares 2016-06-30 20,037; Shares 2016-09-30 17,994.

Two Form 13F-HR filings compared (SEC CIK 1527198): 2016-06-30 (filed 2016-08-08) and 2016-09-30 (filed 2016-11-15). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.

Stock	Class	Shares 2016-06-30	Shares 2016-09-30	Share change	Value 2016-06-30	Value 2016-09-30	Value change
EEM ISHARES MSCI EMERGING MARKET	ETF	1,573,814	1,526,083	-47,731	$54,076,000	$57,152,000	+$3,076,000
VBR VANGUARD SMALL-CAP VALUE ETF	ETF	109,128	107,416	-1,712	$11,492,000	$11,887,000	+$395,000
VWO VANGUARD FTSE EMERGING MARKE	ETF	21,455	16,112	-5,343	$756,000	$606,000	-$150,000
POWERSHARES DB ENERGY FUND CUSIP 73936B101	ETF	20,037	17,994	-2,043	$252,000	$223,000	-$29,000
IJR ISHARES CORE S&P SMALL-CAP E	ETF	5,662	5,394	-268	$658,000	$670,000	+$12,000
IWM ISHARES RUSSELL 2000 ETF	ETF	3,494	3,155	-339	$402,000	$392,000	-$10,000
ISHG ISHARES -3 YEAR INTERNATIONA	ETF	39,513	38,909	-604	$3,241,000	$3,235,000	-$6,000
SCZ ISHARES MSCI EAFE SMALL-CAP	ETF	7,635	7,140	-495	$368,000	$374,000	+$6,000

Similar Firms

Firm Name	Country	13F Value	Holdings
Not available yet