Index Management Solutions’s American Public Education APEI Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-10,510	Closed	-$284K	–	809
2014 Q3	$284K	Buy	10,510 +2,825	+37%	+$76.3K	0.03%	482
2014 Q2	$264K	Buy	7,685 +5,357	+230%	+$184K	0.03%	490
2014 Q1	$82K	Buy	+2,328	New	+$82K	0.01%	535