Ashford Capital Management’s iShares Russell 2000 ETF IWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-75,700	Closed	-$8.53M	–	104
2015 Q4	$8.53M	Buy	+75,700	New	+$8.53M	2%	17