ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

Adviser Investments LLC's Holding History (CIK: 0001544576)

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

Q2 2018

Shares 760 Value ($000) $28 Avg Close $24.88 Range $22.50 - $26.27

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	760	$28	$24.88	$22.50 - $26.27