DRW Securities’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-18,715	Closed	-$664K	–	209
2013 Q4	$664K	Sell	18,715 -87,290	-82%	-$3.1M	0.03%	83
2013 Q3	$3.7M	Buy	106,005 +94,052	+787%	+$3.28M	0.28%	16
2013 Q2	$389K	Buy	+11,953	New	+$389K	0.01%	121