SPDR SERIES TRUST

Ticker: BWX CUSIP: 78464A516 Class: BLOOMBERG INTL T

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

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

Q3 2014
Shares 7,600 Value ($000) $436 Avg Close — Range —
Q4 2013
Shares 73,500 Value ($000) $4,244 Avg Close — Range —
Q3 2013
Shares 91,390 Value ($000) $5,334 Avg Close — Range —
Q2 2013
Shares 60,040 Value ($000) $3,402 Avg Close — Range —