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ARROWSHARES ETF
ARROWSHARES ETF. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 28 Institutional holders with a total value of $27,697,133.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 213,526 5,765,000 20.81%
2 WELLS FARGO & COMPANY/MN 180,353 4,870,000 17.58%
3 Jacobus Wealth Management, Inc. 85,070 2,297,000 8.29%
4 BALDWIN WEALTH PARTNERS LLC/MA 62,000 1,674,000 6.04%
5 RAYMOND JAMES & ASSOCIATES 59,804 1,615,000 5.83%
6 LPL Financial LLC 53,156 1,435,000 5.18%
7 AMERICAN INTERNATIONAL GROUP, INC. 39,267 1,060,209 3.83%
8 SMITH, MOORE & CO. 37,998 1,026,000 3.70%
9 Cambridge Investment Research Advisors, Inc. 36,628 989,000 3.57%
10 ROYAL BANK OF CANADA 36,574 987,000 3.56%
11 BANK OF AMERICA CORP /DE/ 33,481 904,000 3.26%
12 STIFEL FINANCIAL CORP 24,590 664,000 2.40%
13 Janney Montgomery Scott LLC 21,812 588,924 2.13%
14 AVIANCE CAPITAL MANAGEMENT, LLC 21,220 573,000 2.07%
15 Prospera Financial Services Inc 17,505 473,000 1.71%
16 Placemark Investments, Inc. 16,071 434,000 1.57%
17 SII INVESTMENTS INC/WI 16,488 431,000 1.56%
18 JPMORGAN CHASE & CO 10,440 282,000 1.02%
19 NATIONAL PLANNING CORP 10,145 275,000 0.99%
20 Cetera Advisors LLC 9,001 242,000 0.87%
21 DEUTSCHE BANK AG\ 8,900 240,000 0.87%
22 FineMark National Bank & Trust 8,070 218,000 0.79%
23 D.A. DAVIDSON & CO. 7,838 211,000 0.76%
24 First Allied Advisory Services, Inc. 7,684 206,000 0.74%
25 MSI Financial Services Inc 4,405 119,000 0.43%
26 Partnervest Advisory Services LLC 2,952 80,000 0.29%
27 AMERIPRISE FINANCIAL INC 807 22,000 0.08%
28 LADENBURG THALMANN FINANCIAL SERVICES INC. 600 16,000 0.06%

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.