Quantitative Advantage’s iShares JPMorgan USD Emerging Markets Bond ETF EMB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-102,613	Closed	-$11.6M	–	44
2014 Q3	$11.6M	Sell	102,613 -2,596	-2%	-$293K	2.9%	11
2014 Q2	$12.1M	Buy	105,209 +32,109	+44%	+$3.7M	2.82%	12
2014 Q1	$8.15M	Buy	+73,100	New	+$8.15M	1.95%	18