Qvr Llc Buys SPDR S&P 500, iShares MSCI Japan Index Fund, iShares U.S. Real Estate, Sells iShares MSCI Emerging Index Fund, United States Oil Fund, SPDR Series Trust S&P Biotech

• New Purchases: SPY, EWJ, TLT, EWZ, VXX, QQQ, EWW, IWM, FXE, UNG, DXJ, XLE, GDXJ, EWG, GDX,
• Added Positions: IYR, EFA, XOP, FXI, EWY, HYG, XLV,
• Reduced Positions: EEM, VWO,
• Sold Out: USO, XBI, VNQ, OIH, XLB, KRE, XLP, FEZ, SMH, XRT,

For the details of QVR LLC's stock buys and sells, go to https://www.gurufocus.com/guru/qvr+llc/current-portfolio/portfolio

1. iShares 20+ Year Treasury Bond ETF (TLT) - 587,100 shares, 16.19% of the total portfolio.
2. SPDR S&P 500 (SPY) - 270,997 shares, 15.37% of the total portfolio. New Position
3. iShares 20+ Year Treasury Bond ETF (TLT) - 407,700 shares, 11.24% of the total portfolio.
4. iShares U.S. Real Estate (IYR) - 201,000 shares, 3.42% of the total portfolio.
5. iShares U.S. Real Estate (IYR) - 162,787 shares, 2.77% of the total portfolio. Shares added by 85.48%

Qvr Llc initiated holding in SPDR S&P 500. The purchase prices were between $234.34 and $291.72, with an estimated average price of $268.69. The stock is now traded at around $277.42. The impact to a portfolio due to this purchase was 15.37%. The holding were 270,997 shares as of .

Qvr Llc initiated holding in iShares MSCI Japan Index Fund. The purchase prices were between $49.12 and $60.5, with an estimated average price of $54.63. The stock is now traded at around $54.56. The impact to a portfolio due to this purchase was 2.59%. The holding were 224,752 shares as of .

Qvr Llc initiated holding in iShares 20+ Year Treasury Bond ETF. The purchase prices were between $112 and $121.51, with an estimated average price of $115.87. The stock is now traded at around $120.85. The impact to a portfolio due to this purchase was 0.96%. The holding were 34,906 shares as of .

Qvr Llc initiated holding in iShares Inc MSCI Brazil. The purchase prices were between $35.61 and $41.61, with an estimated average price of $38.78. The stock is now traded at around $43.55. The impact to a portfolio due to this purchase was 0.79%. The holding were 91,263 shares as of .

Qvr Llc initiated holding in iPath S&P 500 VIX Short Term Futures TM ETN. The purchase prices were between $26.2 and $49.35, with an estimated average price of $37.37. The stock is now traded at around $38.69. The impact to a portfolio due to this purchase was 0.78%. The holding were 73,224 shares as of .

Qvr Llc initiated holding in Invesco QQQ Trust Series 1. The purchase prices were between $143.5 and $185.95, with an estimated average price of $166.39. The stock is now traded at around $171.62. The impact to a portfolio due to this purchase was 0.73%. The holding were 20,746 shares as of .

Qvr Llc added to a holding in iShares U.S. Real Estate by 85.48%. The purchase prices were between $72 and $82.92, with an estimated average price of $78.52. The stock is now traded at around $84.54. The impact to a portfolio due to this purchase was 1.28%. The holding were 162,787 shares as of .

Qvr Llc added to a holding in iShares MSCI EAFE by 732.21%. The purchase prices were between $56.89 and $67.72, with an estimated average price of $62.28. The stock is now traded at around $63.91. The impact to a portfolio due to this purchase was 1.19%. The holding were 101,505 shares as of .

Qvr Llc added to a holding in SPDR S&P Oil & Gas Explor & Product by 2333.05%. The purchase prices were between $24.12 and $44.57, with an estimated average price of $34.56. The stock is now traded at around $30.37. The impact to a portfolio due to this purchase was 0.83%. The holding were 145,156 shares as of .

Qvr Llc added to a holding in iShares China Large-Cap by 769.78%. The purchase prices were between $38.26 and $42.65, with an estimated average price of $40.38. The stock is now traded at around $43.40. The impact to a portfolio due to this purchase was 0.73%. The holding were 94,032 shares as of .

Qvr Llc added to a holding in iShares iBoxx $ High Yield Corporate Bond by 274.28%. The purchase prices were between $79.63 and $86.23, with an estimated average price of $83.57. The stock is now traded at around $85.42. The impact to a portfolio due to this purchase was 0.49%. The holding were 36,590 shares as of .

Qvr Llc added to a holding in iShares Inc MSCI South Korea by 452.92%. The purchase prices were between $56.85 and $66.89, with an estimated average price of $60.29. The stock is now traded at around $63.87. The impact to a portfolio due to this purchase was 0.49%. The holding were 44,875 shares as of .

Qvr Llc sold out a holding in United States Oil Fund. The sale prices were between $9.29 and $16.08, with an estimated average price of $12.41.

Qvr Llc sold out a holding in SPDR Series Trust S&P Biotech. The sale prices were between $65.42 and $94.9, with an estimated average price of $80.07.

Qvr Llc sold out a holding in Vanguard Real Estate. The sale prices were between $71.74 and $83.21, with an estimated average price of $78.71.

Qvr Llc sold out a holding in VanEck Vectors Oil Services. The sale prices were between $13.32 and $26.02, with an estimated average price of $19.51.

Qvr Llc sold out a holding in Materials Select Sector SPDR. The sale prices were between $47.34 and $58.76, with an estimated average price of $53.21.

Qvr Llc sold out a holding in SPDR S&P Regional Banking. The sale prices were between $44.22 and $60.15, with an estimated average price of $53.25.