Ken Stern & Associates’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-103,407	Closed	-$4.78M	–	97
2016 Q2	$4.78M	Buy	103,407 +371	+0.4%	+$17.1K	3.75%	14
2016 Q1	$4.53M	Buy	+103,036	New	+$4.53M	3.14%	16