IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

BRADLEY FOSTER & SARGENT INC/CT's Holding History (CIK: 0001015086)

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

Q1 2016

Shares 2,480 Value ($000) $238 Avg Close $84.83 Range $73.55 - $98.26

Q4 2015

Shares 4,965 Value ($000) $443 Avg Close $85.71 Range $70.21 - $95.12

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	2,480	$238	$84.83	$73.55 - $98.26
Q4 2015	4,965	$443	$85.71	$70.21 - $95.12