ISHARES INC

Ticker: EWO CUSIP: 464286202 Class: MSCI AUSTRIA ETF

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q2 2018
Shares 47,209 Value ($000) $1,069 Avg Close — Range —
Q1 2018
Shares 102,132 Value ($000) $2,590 Avg Close — Range —
Q4 2017
Shares 205,212 Value ($000) $5,056 Avg Close — Range —
Q3 2017
Shares 199,185 Value ($000) $4,665 Avg Close — Range —
Q2 2017
Shares 211,673 Value ($000) $4,496 Avg Close — Range —
Q1 2017
Shares 196,685 Value ($000) $3,574 Avg Close — Range —
Q2 2016
Shares 257,083 Value ($000) $3,643 Avg Close — Range —
Q1 2016
Shares 274,886 Value ($000) $4,321 Avg Close — Range —