POWERSHARES ETF TR II

CUSIP: 73936T441 Class: CALI MUNI ETF

Gradient Capital Advisors, LLC's Holding History (CIK: 0001727917)

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

Q1 2018
Shares 8,384 Value ($000) $215 Avg Close — Range —
Q4 2017
Shares 8,384 Value ($000) $221 Avg Close — Range —