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

Institutional Holders (2014Q4)
Portfolio Summary: 34 Institutional holders with a total value of $41,154,182.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 531,582 12,688,000 30.83%
2 WELLS FARGO & COMPANY/MN 399,581 9,538,000 23.18%
3 RAYMOND JAMES & ASSOCIATES 120,453 2,875,000 6.99%
4 Jacobus Wealth Management, Inc. 91,507 2,184,000 5.31%
5 BANK OF AMERICA CORP /DE/ 82,177 1,962,000 4.77%
6 STIFEL FINANCIAL CORP 42,170 1,007,000 2.45%
7 ROYAL BANK OF CANADA 41,051 979,000 2.38%
8 Janney Montgomery Scott LLC 40,568 968,358 2.35%
9 SMITH, MOORE & CO. 39,341 939,000 2.28%
10 LPL Financial LLC 33,868 808,000 1.96%
11 BALDWIN WEALTH PARTNERS LLC/MA 33,800 807,000 1.96%
12 AMERICAN INTERNATIONAL GROUP, INC. 29,625 707,149 1.72%
13 Commonwealth Equity Services, Inc 29,575 706,000 1.72%
14 Prospera Financial Services Inc 29,214 697,000 1.69%
15 AVIANCE CAPITAL MANAGEMENT, LLC 24,594 587,000 1.43%
16 OPPENHEIMER & CO INC 19,378 463,000 1.13%
17 Cetera Advisor Networks LLC 19,255 459,000 1.12%
18 Virtu KCG Holdings LLC 15,813 377,000 0.92%
19 Cetera Advisors LLC 13,110 313,000 0.76%
20 JPMORGAN CHASE & CO 11,499 274,000 0.67%
21 MSI Financial Services Inc 10,984 262,000 0.64%
22 FineMark National Bank & Trust 10,575 254,000 0.62%
23 LifePlan Financial Group, Inc 10,330 247,000 0.60%
24 SII INVESTMENTS INC/WI 10,066 240,000 0.58%
25 TWO SIGMA SECURITIES, LLC 8,510 203,000 0.49%
26 NATIONAL PLANNING CORP 7,977 190,892 0.46%
27 LADENBURG THALMANN FINANCIAL SERVICES INC. 6,683 160,000 0.39%
28 DEUTSCHE BANK AG\ 5,075 121,000 0.29%
29 UBS Group AG 1,497 36,000 0.09%
30 WFG Advisors, LP 1,340 32,000 0.08%
31 B. Riley Wealth Advisors, Inc. 1,169 28,000 0.07%
32 Creative Planning 1,000 24,000 0.06%
33 REGENTATLANTIC CAPITAL LLC 745 17,783 0.04%
34 Parallax Volatility Advisers, L.P. 1 0 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.