Brown Advisory’s iShares US Telecommunications ETF IYZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-225	Closed	-$7K	–	973
2014 Q1	$7K	Sell	225 -710	-76%	-$22.1K	﹤0.01%	973
2013 Q4	$28K	Hold	935	–	–	﹤0.01%	911
2013 Q3	$26K	Hold	935	–	–	﹤0.01%	859
2013 Q2	$24K	Buy	+935	New	+$24K	﹤0.01%	833