POWERSHARES ETF TRUST

CUSIP: 73935X195 Class: ETF

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

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

Q2 2016
Shares 1,000 Value ($000) $10 Avg Close — Range —
Q1 2016
Shares 1,000 Value ($000) $10 Avg Close — Range —
Q4 2015
Shares 1,000 Value ($000) $11 Avg Close — Range —