UNITED PARCEL SERVICE INC

Ticker: UPS CUSIP: 911312106 Class: CL B

Virtus Investment Advisers, LLC's Holding History (CIK: 0000019481)

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

Q4 2017

Shares 49,279 Value ($000) $5,872 Avg Close $86.27 Range $81.68 - $92.19

Q3 2017

Shares 17,096 Value ($000) $2,053 Avg Close $82.86 Range $77.64 - $88.05

Q2 2017

Shares 18,800 Value ($000) $2,079 Avg Close $77.32 Range $74.11 - $80.96

Q1 2017

Shares 21,228 Value ($000) $2,278 Avg Close $78.36 Range $73.76 - $84.45

Q4 2016

Shares 86,808 Value ($000) $9,952 Avg Close $80.28 Range $75.12 - $86.06

Q3 2016

Shares 7,533 Value ($000) $824 Avg Close $77.25 Range $74.66 - $78.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	49,279	$5,872	$86.27	$81.68 - $92.19
Q3 2017	17,096	$2,053	$82.86	$77.64 - $88.05
Q2 2017	18,800	$2,079	$77.32	$74.11 - $80.96
Q1 2017	21,228	$2,278	$78.36	$73.76 - $84.45
Q4 2016	86,808	$9,952	$80.28	$75.12 - $86.06
Q3 2016	7,533	$824	$77.25	$74.66 - $78.79