POWERSHARES ETF TR II

CUSIP: 73937B639 Class: EXCHANGE TRADED

ASHFORD CAPITAL MANAGEMENT INC's Holding History (CIK: 0000897070)

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

Q1 2018
Shares 50,620 Value ($000) $2,278 Avg Close — Range —
Q4 2017
Shares 65,891 Value ($000) $3,047 Avg Close — Range —
Q3 2017
Shares 67,656 Value ($000) $3,108 Avg Close — Range —
Q2 2017
Shares 71,284 Value ($000) $3,110 Avg Close — Range —
Q1 2017
Shares 77,274 Value ($000) $3,312 Avg Close — Range —
Q4 2016
Shares 60,922 Value ($000) $2,645 Avg Close — Range —
Q3 2016
Shares 58,255 Value ($000) $2,254 Avg Close — Range —