SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

Cambridge Investment Research Advisors, Inc.'s Holding History (CIK: 0001419186)

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

Q3 2016

Shares 5,382 Value ($000) $343 Avg Close $57.50 Range $45.01 - $65.16

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	5,382	$343	$57.50	$45.01 - $65.16