ISHARES INC

Ticker: EWZ CUSIP: 464286400 Class: MSCI BRAZIL ETF

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q1 2017

Shares 34,730 Value ($000) $1,301 Avg Close — Range —

Q4 2016

Shares 25,143 Value ($000) $838 Avg Close — Range —

Q3 2016

Shares 44,147 Value ($000) $1,489 Avg Close — Range —

Q2 2016

Shares 44,147 Value ($000) $1,332 Avg Close — Range —

Q1 2016

Shares 22,074 Value ($000) $581 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	34,730	$1,301	—	—
Q4 2016	25,143	$838	—	—
Q3 2016	44,147	$1,489	—	—
Q2 2016	44,147	$1,332	—	—
Q1 2016	22,074	$581	—	—