Avalon Capital Management’s iShares US Insurance ETF IAK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-33,980	Closed	-$1.74M	–	79
2015 Q4	$1.74M	Buy	33,980 +18,530	+120%	+$948K	1.57%	28
2015 Q3	$751K	Buy	+15,450	New	+$751K	0.69%	44