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ARROW ETF TR
ARROW ETF TR. Institutional holdings reported to the SEC.

Institutional Holders (2014Q3)
Portfolio Summary: 33 Institutional holders with a total value of $66,718,655.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Brookstone Capital Management 606,382 15,948,000 23.90%
2 MORGAN STANLEY 521,302 13,710,000 20.55%
3 WELLS FARGO & COMPANY/MN 400,532 10,533,000 15.79%
4 Jacobus Wealth Management, Inc. 126,827 3,336,000 5.00%
5 RAYMOND JAMES & ASSOCIATES 109,584 2,882,000 4.32%
6 BANK OF AMERICA CORP /DE/ 108,190 2,845,000 4.26%
7 LPL Financial LLC 63,851 1,676,000 2.51%
8 AMERICAN INTERNATIONAL GROUP, INC. 62,863 1,653,297 2.48%
9 JANE STREET GROUP, LLC 59,971 1,577,000 2.36%
10 Virtu KCG Holdings LLC 53,353 1,403,000 2.10%
11 Cambridge Investment Research Advisors, Inc. 45,123 1,187,000 1.78%
12 STIFEL FINANCIAL CORP 41,995 1,104,000 1.65%
13 ROYAL BANK OF CANADA 39,956 1,051,000 1.58%
14 SMITH, MOORE & CO. 39,736 1,045,000 1.57%
15 Janney Montgomery Scott LLC 33,968 893,358 1.34%
16 Prospera Financial Services Inc 31,851 838,000 1.26%
17 Commonwealth Equity Services, Inc 27,791 731,000 1.10%
18 AVIANCE CAPITAL MANAGEMENT, LLC 23,396 615,000 0.92%
19 OPPENHEIMER & CO INC 19,777 520,000 0.78%
20 DEUTSCHE BANK AG\ 19,650 516,000 0.77%
21 Cetera Advisor Networks LLC 15,907 419,000 0.63%
22 First Allied Advisory Services, Inc. 12,099 325,000 0.49%
23 JPMORGAN CHASE & CO 12,196 321,000 0.48%
24 Cetera Advisors LLC 11,660 306,000 0.46%
25 NATIONAL PLANNING CORP 10,784 280,000 0.42%
26 SII INVESTMENTS INC/WI 10,063 265,000 0.40%
27 FineMark National Bank & Trust 8,610 226,000 0.34%
28 LADENBURG THALMANN FINANCIAL SERVICES INC. 7,445 196,000 0.29%
29 MSI Financial Services Inc 6,288 165,000 0.25%
30 UBS AG 2,449 64,000 0.10%
31 AMERIPRISE FINANCIAL INC 1,818 48,000 0.07%
32 NEXT Financial Group, Inc 1,500 39,000 0.06%
33 Transamerica Financial Advisors, LLC 35 1,000 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.