Alerus Investment Advisors’s Consumer Discretionary Select Sector SPDR Fund XLY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-11,919	Closed	-$885K	–	191
2015 Q3	$885K	Buy	11,919 +11,681	+4,908%	+$867K	0.16%	95
2015 Q2	$18K	Buy	+238	New	+$18K	﹤0.01%	145