AIA

Arrow Investment Advisors Portfolio holdings

AUM $94.5M

AUM

$94.5M

AUM Growth

-$12.9M (-12%)

Cap. Flow

+$1.13M

Cap. Flow % of AUM

1.2%

Top 10 Holdings %Top 10 Hldgs %

79.59%

Holding

62

New

15

Increased

7

Reduced

20

Closed

16

Top Buys

1	iShares TIPS Bond ETF TIP	$1.29M
2	iShares 1-3 Year Treasury Bond ETF SHY	$1.25M
3	Invesco S&P MidCap 400 Pure Growth ETF RFG	$776K
4	iShares MSCI China ETF MCHI	$635K
5	iShares MSCI South Africa ETF EZA	$626K

Top Sells

1	iShares 20+ Year Treasury Bond ETF TLT	$1.63M
2	Arrow DWA Country Rotation ETF DWCR	$729K
3	iShares S&P 500 Growth ETF IVW	$394K
4	iShares MSCI USA Quality Factor ETF QUAL	$394K
5	Industrial Select Sector SPDR Fund XLI	$377K

Sector Composition

1	Real Estate	1.13%
2	Consumer Staples	0.74%
3	Energy	0.6%
4	Healthcare	0.34%
5	Communication Services	0.33%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 iShares MSCI Netherlands ETF EWN $266M	$0	0%	0 -15,103	Closed	–
52	52 Freeport-McMoran FCX $54.7B	$0	0%	0 -7,698	Closed	–
53	53 Mohawk Industries MHK $6.41B	$0	0%	0 -2,100	Closed	–
54	54 News Corp Class B NWS $18.3B	$0	0%	0 -11,465	Closed	–
55	55 Sprott Physical Gold PHYS $11.5B	$0	0%	0 -14,820	Closed	–
56	56 Quanta Services PWR $50.7B	$0	0%	0 -1,250	Closed	–
57	57 Invesco S&P 500 Pure Value ETF RPV $1.32B	$0	0%	0 -55,651	Closed	–
58	SVC 58 Service Properties Trust SVC $357M	$0	0%	0 -32,226	Closed	–
59	59 iShares MSCI Turkey ETF TUR $135M	$0	0%	0 -18,448	Closed	–
60	60 Vistra VST $51.7B	$0	0%	0 -2,026	Closed	–
61	61 Vanguard Value ETF VTV $132B	$0	0%	0 -5,803	Closed	–
62	ENLC 62 DELISTED ENLINK MIDSTREAM, LLC ENLC	$0	0%	0 -11,168	Closed	–