POWERSHARES ETF TR II

CUSIP: 73937B779 Class: ETF

Sage Advisory Services, Ltd.Co.'s Holding History (CIK: 0001534378)

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

Q4 2015
Shares 3,250,102 Value ($000) $125,291 Avg Close — Range —
Q3 2014
Shares 6,126,188 Value ($000) $214,172 Avg Close — Range —