POWERSHARES ETF TR II

CUSIP: 73936T565 Class: EXCHANGE TRADED

Godshalk Welsh Capital Management, Inc.'s Holding History (CIK: 0001631775)

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

Q1 2018
Shares 137,200 Value ($000) $2,003 Avg Close — Range —
Q4 2017
Shares 137,200 Value ($000) $2,039 Avg Close — Range —
Q3 2017
Shares 139,950 Value ($000) $2,103 Avg Close — Range —
Q2 2017
Shares 139,950 Value ($000) $2,115 Avg Close — Range —
Q1 2017
Shares 141,450 Value ($000) $2,096 Avg Close — Range —
Q4 2016
Shares 141,450 Value ($000) $2,013 Avg Close — Range —
Q3 2016
Shares 149,400 Value ($000) $2,260 Avg Close — Range —
Q2 2016
Shares 149,400 Value ($000) $2,277 Avg Close — Range —
Q1 2016
Shares 157,100 Value ($000) $2,344 Avg Close — Range —
Q4 2015
Shares 157,100 Value ($000) $2,349 Avg Close — Range —
Q3 2015
Shares 159,600 Value ($000) $2,327 Avg Close — Range —
Q2 2015
Shares 163,600 Value ($000) $2,377 Avg Close — Range —
Q1 2015
Shares 164,800 Value ($000) $2,457 Avg Close — Range —
Q4 2014
Shares 164,500 Value ($000) $2,418 Avg Close — Range —