ISHARES TR

Ticker: IYZ CUSIP: 464287713 Class: US TELECOM ETF

High Falls Advisors, Inc's Holding History (CIK: 0001569139)

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

Q2 2016

Shares 200 Value ($000) $6 Avg Close — Range —

Q1 2016

Shares 200 Value ($000) $6 Avg Close — Range —

Q4 2015

Shares 200 Value ($000) $6 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	200	$6	—	—
Q1 2016	200	$6	—	—
Q4 2015	200	$6	—	—