VALUE LINE INC

Ticker: VALU CUSIP: 920437100 Class: Common Stock

IPG Investment Advisors LLC's Holding History (CIK: 0001602237)

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

Q3 2015

Shares 36,369 Value ($000) $545,535 Avg Close $13.42 Range $10.49 - $16.85

Q2 2015

Shares 37,244 Value ($000) $386,593 Avg Close $13.81 Range $9.93 - $15.39

Q1 2015

Shares 37,244 Value ($000) $547,487 Avg Close $15.52 Range $14.54 - $16.70

Q3 2014

Shares 42,669 Value ($000) $680,997 Avg Close $16.19 Range $13.86 - $17.65

Q2 2014

Shares 22,100 Value ($000) $381,667 Avg Close $14.86 Range $12.86 - $17.77

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	36,369	$545,535	$13.42	$10.49 - $16.85
Q2 2015	37,244	$386,593	$13.81	$9.93 - $15.39
Q1 2015	37,244	$547,487	$15.52	$14.54 - $16.70
Q3 2014	42,669	$680,997	$16.19	$13.86 - $17.65
Q2 2014	22,100	$381,667	$14.86	$12.86 - $17.77