ISHARES TR

Ticker: IWO CUSIP: 464287648 Class: RUS 2000 GRW ETF

Gramercy Funds Management LLC's Holding History (CIK: 0001548836)

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

Q4 2015
Shares 48,800 Value ($000) $6,797 Avg Close — Range —
Q3 2015
Shares 139,700 Value ($000) $18,716 Avg Close — Range —
Q2 2015
Shares 245,800 Value ($000) $37,996 Avg Close — Range —
Q1 2015
Shares 105,000 Value ($000) $15,913 Avg Close — Range —