Independent Portfolio Consultants’s SPDR S&P China ETF GXC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-3,970	Closed	-$353K	–	818
2015 Q2	$353K	Sell	3,970 -745	-16%	-$66.2K	0.07%	295
2015 Q1	$399K	Buy	+4,715	New	+$399K	0.08%	271