POWERSHARES ETF TR II

CUSIP: 73936T565 Class: EXCHANGE TRADED

Mader & Shannon Wealth Management, Inc.'s Holding History (CIK: 0001535862)

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

Q2 2017
Shares 341,402 Value ($000) $5,158 Avg Close — Range —
Q4 2015
Shares 975,722 Value ($000) $14,587 Avg Close — Range —
Q1 2015
Shares 1,432,457 Value ($000) $21,358 Avg Close — Range —
Q4 2014
Shares 450,000 Value ($000) $6,615 Avg Close — Range —