ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

Aperio Group, LLC's Holding History (CIK: 0001364615)

Note: Option positions (PUT/CALL) are excluded.

Q4 2020

Shares 7,376 Value ($000) $221 Avg Close $22.88 Range $19.26 - $25.36

Q3 2020

Shares 8,308 Value ($000) $208 Avg Close $21.71 Range $19.31 - $23.36

Q2 2020

Shares 10,461 Value ($000) $311 Avg Close $21.32 Range $18.18 - $24.66

Q2 2019

Shares 300 Value ($000) $10 Avg Close $24.37 Range $23.21 - $25.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	7,376	$221	$22.88	$19.26 - $25.36
Q3 2020	8,308	$208	$21.71	$19.31 - $23.36
Q2 2020	10,461	$311	$21.32	$18.18 - $24.66
Q2 2019	300	$10	$24.37	$23.21 - $25.57