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

Institutional Holders (2016Q2)
Portfolio Summary: 33 Institutional holders with a total value of $21,996,484.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 174,176 3,250,000 14.78%
2 WELLS FARGO & COMPANY/MN 173,335 3,235,000 14.71%
3 RAYMOND JAMES & ASSOCIATES 134,136 2,503,000 11.38%
4 Cambridge Investment Research Advisors, Inc. 81,449 1,520,000 6.91%
5 Prospera Financial Services Inc 62,425 1,165,000 5.30%
6 INVESTMENT CENTERS OF AMERICA INC 59,439 1,110,000 5.05%
7 BANK OF AMERICA CORP /DE/ 55,028 1,027,000 4.67%
8 LPL Financial LLC 46,014 852,000 3.87%
9 STIFEL FINANCIAL CORP 43,548 813,000 3.70%
10 ROYAL BANK OF CANADA 41,249 770,000 3.50%
11 GENEOS WEALTH MANAGEMENT INC. 36,712 686,000 3.12%
12 Cetera Advisors LLC 36,074 675,000 3.07%
13 LifePlan Financial Group, Inc 29,594 552,000 2.51%
14 Commonwealth Equity Services, Inc 23,857 445,000 2.02%
15 JANE STREET GROUP, LLC 22,000 411,000 1.87%
16 MSI Financial Services Inc 20,860 389,000 1.77%
17 Janney Montgomery Scott LLC 19,680 338,000 1.54%
18 JPMORGAN CHASE & CO 17,212 321,000 1.46%
19 ENVESTNET ASSET MANAGEMENT INC 16,158 302,000 1.37%
20 Virtu KCG Holdings LLC 15,038 281,000 1.28%
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 15,057 281,000 1.28%
22 ADVISOR GROUP, INC. 13,451 248,000 1.13%
23 First Allied Advisory Services, Inc. 12,522 233,000 1.06%
24 Stratos Wealth Partners, LTD. 11,308 211,000 0.96%
25 IFP ADVISORS, INC 11,035 206,000 0.94%
26 LADENBURG THALMANN FINANCIAL SERVICES INC. 5,486 102,000 0.46%
27 WFG Advisors, LP 1,340 25,000 0.11%
28 KRILOGY FINANCIAL LLC 1,065 20,000 0.09%
29 UBS Group AG 812 15,000 0.07%
30 Transamerica Financial Advisors, LLC 289 6,000 0.03%
31 Ironwood Financial, llc 195 4,000 0.02%
32 WOLVERINE TRADING LP /BD 26 484 0.00%
33 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.