ISHARES INC

Ticker: EWP CUSIP: 464286764 Class: MSCI SPAIN ETF

IPG Investment Advisors LLC's Holding History (CIK: 0001602237)

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

Q4 2015
Shares 7,760 Value ($000) $219,375 Avg Close — Range —
Q3 2015
Shares 7,760 Value ($000) $230,162 Avg Close — Range —
Q2 2015
Shares 30,560 Value ($000) $1,025,288 Avg Close — Range —
Q1 2015
Shares 30,560 Value ($000) $1,062,877 Avg Close — Range —
Q4 2014
Shares 18,460 Value ($000) $639,270 Avg Close — Range —