IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

VALLEY NATIONAL ADVISERS INC's Holding History (CIK: 0000773411)

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

Q3 2016

Shares 5 Value ($000) $0 Avg Close $83.55 Range $76.64 - $88.76

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	5	$0	$83.55	$76.64 - $88.76