Global Endowment Management’s SPDR S&P Pharmaceuticals ETF XPH Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-10,000	Closed	-$426K	–	235
2017 Q3	$426K	Hold	10,000	–	–	0.06%	177
2017 Q2	$430K	Buy	10,000 +5,000	+100%	+$215K	0.06%	174
2017 Q1	$209K	Buy	+5,000	New	+$209K	0.03%	238