ISHARES TR

Ticker: IEF CUSIP: 464287440 Class: Fixed Income ETF

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

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

Q2 2016

Shares 5,928 Value ($000) $670 Avg Close — Range —

Q1 2016

Shares 5,928 Value ($000) $654,096 Avg Close — Range —

Q4 2015

Shares 6,098 Value ($000) $644 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	5,928	$670	—	—
Q1 2016	5,928	$654,096	—	—
Q4 2015	6,098	$644	—	—