Douglass Winthrop 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
2015 Q3	–	Sell	-18,421	Closed	-$459K	–	251
2015 Q2	$459K	Hold	18,421	–	–	0.04%	176
2015 Q1	$459K	Buy	18,421 +9,400	+104%	+$234K	0.04%	176
2014 Q4	$232K	Buy	+9,021	New	+$232K	0.02%	194