ISHARES TR

Ticker: IYF CUSIP: 464287788 Class: Exchange Traded Fund

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

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

Q4 2014
Shares 209,188 Value ($000) $18,869 Avg Close — Range —
Q4 2013
Shares 167,960 Value ($000) $13,464 Avg Close — Range —
Q3 2013
Shares 172,910 Value ($000) $12,671 Avg Close — Range —
Q2 2013
Shares 182,410 Value ($000) $13,048 Avg Close — Range —