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

Institutional Holders (2016Q3)
Portfolio Summary: 32 Institutional holders with a total value of $24,931,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 WELLS FARGO & COMPANY/MN 243,926 4,657,000 18.68%
2 MORGAN STANLEY 160,637 3,067,000 12.30%
3 RAYMOND JAMES & ASSOCIATES 138,198 2,638,000 10.58%
4 Cambridge Investment Research Advisors, Inc. 108,028 2,062,000 8.27%
5 BANK OF AMERICA CORP /DE/ 99,599 1,901,000 7.63%
6 Prospera Financial Services Inc 63,649 1,215,000 4.87%
7 INVESTMENT CENTERS OF AMERICA INC 63,489 1,208,000 4.85%
8 LPL Financial LLC 61,227 1,164,000 4.67%
9 STIFEL FINANCIAL CORP 41,979 799,000 3.20%
10 ROYAL BANK OF CANADA 37,516 716,000 2.87%
11 GENEOS WEALTH MANAGEMENT INC. 36,727 701,000 2.81%
12 Cetera Advisors LLC 35,974 689,000 2.76%
13 LifePlan Financial Group, Inc 31,783 607,000 2.43%
14 JANE STREET GROUP, LLC 28,967 553,000 2.22%
15 Commonwealth Equity Services, Inc 22,845 436,000 1.75%
16 MSI Financial Services Inc 22,211 424,000 1.70%
17 Virtu KCG Holdings LLC 17,181 328,000 1.32%
18 JPMORGAN CHASE & CO 16,702 319,000 1.28%
19 ADVISOR GROUP, INC. 15,582 298,000 1.20%
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 15,057 287,000 1.15%
21 ENVESTNET ASSET MANAGEMENT INC 13,037 249,000 1.00%
22 IFP ADVISORS, INC 10,797 206,000 0.83%
23 CITADEL ADVISORS LLC 10,077 192,000 0.77%
24 LADENBURG THALMANN FINANCIAL SERVICES INC. 6,026 115,000 0.46%
25 WFG Advisors, LP 1,557 30,000 0.12%
26 UBS Group AG 1,439 27,000 0.11%
27 NEXT Financial Group, Inc 1,161 22,000 0.09%
28 KRILOGY FINANCIAL LLC 823 16,000 0.06%
29 Ironwood Financial, llc 195 4,000 0.02%
30 Tower Research Capital LLC (TRC) 69 1,000 0.00%
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0 0 0.00%
32 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.