POWERSHARES ETF TR II

CUSIP: 73936T573 Class: EXCHANGE TRADED

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q4 2015
Shares 51,793 Value ($000) $1,414 Avg Close — Range —
Q2 2015
Shares 74,013 Value ($000) $2,051 Avg Close — Range —
Q1 2015
Shares 81,592 Value ($000) $2,319 Avg Close — Range —
Q4 2014
Shares 51,986 Value ($000) $1,464 Avg Close — Range —