Kaizen Advisory’s IPG Photonics IPGP Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	$10K	Sell	86 -18	-17%	-$2.09K	0.01%	562
2018 Q3	$16K	Sell	104 -4,517	-98%	-$695K	0.01%	541
2018 Q2	$1.02M	Buy	4,621 +3,497	+311%	+$772K	0.52%	87
2018 Q1	$262K	Buy	+1,124	New	+$262K	0.26%	78