Pinnacle Advisory Group’s iShares MSCI Spain ETF EWP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-673,926	Closed	-$23.3M	–	149
2014 Q4	$23.3M	Buy	673,926 +663,715	+6,500%	+$23M	2.11%	18
2014 Q3	$397K	Sell	10,211 -1,755	-15%	-$68.2K	0.05%	75
2014 Q2	$512K	Buy	11,966 +656	+6%	+$28.1K	0.06%	68
2014 Q1	$461K	Buy	+11,310	New	+$461K	0.05%	64