SPDR SERIES TRUST

CUSIP: 78464A680 Class: COM

Valmark Advisers, Inc.'s Holding History (CIK: 0001380443)

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

Q4 2016
Shares 24,062 Value ($000) $1,100 Avg Close — Range —
Q3 2016
Shares 26,250 Value ($000) $1,200 Avg Close — Range —
Q2 2016
Shares 26,250 Value ($000) $1,200 Avg Close — Range —
Q1 2016
Shares 25,300 Value ($000) $1,156 Avg Close — Range —