ISHARES TR

Ticker: ICF CUSIP: 464287564 Class: SELECT US REIT

Sage Advisory Services, Ltd.Co.'s Holding History (CIK: 0001534378)

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

Q4 2016

Shares 271,033 Value ($000) $26,995 Avg Close — Range —

Q3 2014

Shares 287,376 Value ($000) $24,269 Avg Close — Range —

Q2 2014

Shares 315,051 Value ($000) $27,517 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	271,033	$26,995	—	—
Q3 2014	287,376	$24,269	—	—
Q2 2014	315,051	$27,517	—	—