POWERSHARES ETF TRUST

CUSIP: 73935X153 Class: DWA MOMENTUM PTF

Kovack Advisors, Inc.'s Holding History (CIK: 0001728321)

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

Q3 2016
Shares 8,700 Value ($000) $369 Avg Close — Range —
Q2 2016
Shares 8,625 Value ($000) $363 Avg Close — Range —
Q1 2016
Shares 8,625 Value ($000) $352 Avg Close — Range —
Q4 2015
Shares 10,725 Value ($000) $444 Avg Close — Range —
Q3 2015
Shares 9,975 Value ($000) $401 Avg Close — Range —
Q2 2015
Shares 9,475 Value ($000) $408 Avg Close — Range —
Q1 2015
Shares 9,875 Value ($000) $429 Avg Close — Range —
Q4 2014
Shares 5,825 Value ($000) $239 Avg Close — Range —
Q3 2014
Shares 5,425 Value ($000) $213 Avg Close — Range —
Q2 2014
Shares 5,425 Value ($000) $212 Avg Close — Range —