Kovack Advisors’s Xtrackers MSCI Europe Hedged Equity ETF DBEU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-14,904	Closed	-$385K	–	232
2015 Q4	$385K	Buy	14,904 +1,446	+11%	+$37.4K	0.25%	111
2015 Q3	$336K	Buy	13,458 +2,768	+26%	+$69.1K	0.23%	119
2015 Q2	$287K	Buy	10,690 +3,018	+39%	+$81K	0.2%	135
2015 Q1	$224K	Buy	+7,672	New	+$224K	0.19%	137