ISHARES TR

Ticker: LQD CUSIP: 464287242 Class: IBOXX INV CP ETF

Cavalier Investments, LLC's Holding History (CIK: 0001655543)

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

Q2 2016

Shares 6,719 Value ($000) $825 Avg Close — Range —

Q1 2016

Shares 6,119 Value ($000) $727,060 Avg Close — Range —

Q4 2015

Shares 6,333 Value ($000) $722 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	6,719	$825	—	—
Q1 2016	6,119	$727,060	—	—
Q4 2015	6,333	$722	—	—