Independent Portfolio Consultants’s Invesco Dorsey Wright Developed Markets Momentum ETF PIZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-66,880	Closed	-$1.8M	–	840
2014 Q1	$1.8M	Buy	+66,880	New	+$1.8M	0.57%	33