IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

McAdam, LLC's Holding History (CIK: 0001695490)

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

Q3 2018

Shares 1,174 Value ($000) $183 Avg Close $185.56 Range $153.37 - $243.43

Q2 2018

Shares 1,329 Value ($000) $293 Avg Close $236.00 Range $208.72 - $261.77

Q1 2018

Shares 1,329 Value ($000) $310 Avg Close $246.76 Range $213.58 - $264.11

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	1,174	$183	$185.56	$153.37 - $243.43
Q2 2018	1,329	$293	$236.00	$208.72 - $261.77
Q1 2018	1,329	$310	$246.76	$213.58 - $264.11