SPDR SERIES TRUST

Ticker: XRT CUSIP: 78464A714 Class: S&P RETAIL ETF

Biltmore Wealth Management, LLC's Holding History (CIK: 0001598102)

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

Q4 2015
Shares 184,446 Value ($000) $7,975 Avg Close — Range —
Q3 2015
Shares 189,497 Value ($000) $8,417 Avg Close — Range —
Q2 2015
Shares 94,375 Value ($000) $9,311 Avg Close — Range —
Q1 2015
Shares 88,016 Value ($000) $8,893 Avg Close — Range —
Q4 2014
Shares 111,495 Value ($000) $10,705 Avg Close — Range —