Salem Investment Counselors’s iShares MSCI South Korea ETF EWY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-850	Closed	-$494	–	686
2016 Q3	$494	Buy	+850	New	+$494	0.01%	324