ISHARES TR

Ticker: EEM CUSIP: 464287234 Class: MSCI EMG MKT ETF

NAPLES GLOBAL ADVISORS, LLC's Holding History (CIK: 0001582151)

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

Q2 2014

Shares 9,773 Value ($000) $422 Avg Close — Range —

Q1 2014

Shares 9,773 Value ($000) $401 Avg Close — Range —

Q4 2013

Shares 10,093 Value ($000) $422 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	9,773	$422	—	—
Q1 2014	9,773	$401	—	—
Q4 2013	10,093	$422	—	—