Brown Advisory’s Invesco Pharmaceuticals ETF PJP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-6,468	Closed	-$415K	–	1254
2017 Q4	$415K	Hold	6,468	–	–	﹤0.01%	937
2017 Q3	$423K	Hold	6,468	–	–	﹤0.01%	897
2017 Q2	$406K	Hold	6,468	–	–	﹤0.01%	909
2017 Q1	$380K	Hold	6,468	–	–	﹤0.01%	891
2016 Q4	$363K	Hold	6,468	–	–	﹤0.01%	872
2016 Q3	$399K	Hold	6,468	–	–	﹤0.01%	813
2016 Q2	$410K	Buy	6,468 +500	+8%	+$31.4K	﹤0.01%	788
2016 Q1	$359K	Buy	5,968 +1,960	+49%	+$120K	﹤0.01%	790
2015 Q4	$280K	Hold	4,008	–	–	﹤0.01%	817
2015 Q3	$266K	Buy	4,008 +568	+17%	+$44.2K	﹤0.01%	824
2015 Q2	$269K	Sell	3,440 -568	-14%	-$44.2K	﹤0.01%	753
2015 Q1	$306K	Hold	4,008	–	–	﹤0.01%	809
2014 Q4	$267K	Hold	4,008	–	–	﹤0.01%	826
2014 Q3	$255K	Buy	+4,008	New	+$248K	﹤0.01%	836
2014 Q2	–	Sell	-540	Closed	-$31K	–	987
2014 Q1	$31K	Hold	540	–	–	﹤0.01%	952
2013 Q4	$29K	Hold	540	–	–	﹤0.01%	911
2013 Q3	$25K	Hold	540	–	–	﹤0.01%	861
2013 Q2	$23K	Buy	+540	New	+$22.5K	﹤0.01%	834