Cedar Capital’s iShares MSCI USA Momentum Factor ETF MTUM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-25,972	Closed	-$1.9M	–	77
2015 Q4	$1.9M	Buy	+25,972	New	+$1.9M	0.43%	29