SELECT SECTOR SPDR TR

Ticker: XLRE CUSIP: 81369Y860 Class: Exchange Traded Fund

ARS Investment Partners, LLC's Holding History (CIK: 0000733020)

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

Q1 2017
Shares 9,194 Value ($000) $291 Avg Close — Range —
Q4 2016
Shares 6,655 Value ($000) $205 Avg Close — Range —
Q3 2016
Shares 53,677 Value ($000) $1,759 Avg Close — Range —