Avalon Investment & Advisory’s SPDR S&P Regional Banking ETF KRE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-9,676	Closed	-$569K	–	361
2017 Q4	$569K	Buy	9,676 +3,914	+68%	+$230K	0.02%	298
2017 Q3	$327K	Sell	5,762 -3,001	-34%	-$170K	0.01%	335
2017 Q2	$482K	Buy	+8,763	New	+$482K	0.02%	321