ISHARES TR

Ticker: IYC CUSIP: 464287580 Class: US CONSUM DISCRE

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

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

Q1 2015
Shares 124,762 Value ($000) $17,989 Avg Close — Range —
Q1 2014
Shares 87,070 Value ($000) $10,476 Avg Close — Range —
Q4 2013
Shares 101,270 Value ($000) $12,333 Avg Close — Range —
Q3 2013
Shares 117,970 Value ($000) $12,973 Avg Close — Range —
Q2 2013
Shares 120,970 Value ($000) $12,405 Avg Close — Range —