ISHARES TR

Ticker: INDA CUSIP: 46429B598 Class: MSCI INDIA ETF

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q3 2018

Shares 94,800 Value ($000) $3,078 Avg Close — Range —

Q2 2015

Shares 73,580 Value ($000) $2,230 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	94,800	$3,078	—	—
Q2 2015	73,580	$2,230	—	—