Contravisory Investment Management’s ProShares Trust Short MSCI Emerging Markets EUM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-4,130	Closed	-$217K	–	298
2016 Q2	$217K	Sell	4,130 -3,611	-47%	-$190K	0.07%	54
2016 Q1	$419K	Buy	+7,741	New	+$419K	0.12%	49