Belmont Global Advisors’s Invesco Water Resources ETF PHO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-30,000	Closed	-$738K	–	125
2014 Q3	$738K	Hold	30,000	–	–	0.58%	52
2014 Q2	$798K	Buy	30,000 +5,000	+20%	+$133K	0.58%	51
2014 Q1	$667K	Buy	25,000 +5,000	+25%	+$133K	0.56%	48
2013 Q4	$524K	Buy	+20,000	New	+$524K	0.42%	67