INVESTORS REAL ESTATE TR

CUSIP: 461730103 Class: COMMON STOCK

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q1 2016
Shares 100 Value ($000) $1 Avg Close — Range —
Q4 2015
Shares 42,287 Value ($000) $294 Avg Close — Range —