POWERSHARES ETF TR II

CUSIP: 73937B647 Class: S&P400 LOVL PT

Estate Counselors, LLC's Holding History (CIK: 0001559832)

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

Q1 2017
Shares 9,460 Value ($000) $400 Avg Close — Range —
Q4 2016
Shares 105,660 Value ($000) $4,291 Avg Close — Range —
Q3 2016
Shares 90,790 Value ($000) $3,527 Avg Close — Range —
Q2 2016
Shares 141,530 Value ($000) $5,541 Avg Close — Range —
Q1 2016
Shares 147,330 Value ($000) $5,416 Avg Close — Range —
Q4 2015
Shares 24,550 Value ($000) $835 Avg Close — Range —
Q3 2015
Shares 24,550 Value ($000) $798 Avg Close — Range —