Monarch Capital Management’s iShares MSCI EAFE ETF EFA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-3,908	Closed	-$229K	–	101
2015 Q4	$229K	Hold	3,908	–	–	0.09%	90
2015 Q3	$224K	Sell	3,908 -869	-18%	-$49.8K	0.09%	91
2015 Q2	$303K	Sell	4,777 -44	-0.9%	-$2.79K	0.12%	85
2015 Q1	$309K	Buy	+4,821	New	+$309K	0.12%	85