ISHARES

CUSIP: 464286848 Class: COM

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

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

Q1 2016
Shares 363,267 Value ($000) $4,145 Avg Close — Range —
Q4 2015
Shares 572,980 Value ($000) $6,945 Avg Close — Range —
Q3 2015
Shares 2,358,311 Value ($000) $26,956 Avg Close — Range —
Q2 2015
Shares 2,583,432 Value ($000) $33,093 Avg Close — Range —
Q4 2013
Shares 762,150 Value ($000) $9,245 Avg Close — Range —
Q3 2013
Shares 2,199,350 Value ($000) $25,632 Avg Close — Range —
Q2 2013
Shares 2,129,950 Value ($000) $23,898 Avg Close — Range —