Spruce Investment Advisors’s State Street Energy Select Sector SPDR ETF XLE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-7,760	Closed	-$271K	–	50
2017 Q1	$271K	Buy	7,760 +3,842	+98%	+$139K	0.31%	36
2016 Q4	$148K	Buy	+3,918	New	+$142K	0.11%	29
2016 Q2	–	Sell	-16,688	Closed	-$516K	–	34
2016 Q1	$516K	Sell	16,688 -14,710	-47%	-$427K	0.32%	25
2015 Q4	$947K	Buy	31,398 +14,964	+91%	+$493K	0.7%	22
2015 Q3	$503K	Sell	16,434 -5,994	-27%	-$202K	0.15%	28
2015 Q2	$843K	Buy	22,428 +6,436	+40%	+$255K	0.23%	29
2015 Q1	$620K	Sell	15,992 -58,864	-79%	-$2.28M	0.16%	31
2014 Q4	$2.96M	Buy	74,856 +49,522	+195%	+$2.06M	0.81%	22
2014 Q3	$1.15M	Buy	+25,334	New	+$1.23M	0.3%	22