Spruce Investment Advisors’s iShares MSCI Brazil ETF EWZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-62,152	Closed	-$2.97M	–	29
2014 Q2	$2.97M	Buy	+62,152	New	+$2.97M	0.9%	14