MFG

Merit Financial Group Portfolio holdings

AUM $6.67B

This Quarter Return

-1.56%

1 Year Return

+7.66%

3 Year Return

+18.97%

5 Year Return

+93.04%

10 Year Return

–

AUM

$6.67B

AUM Growth

+$1.11B (+20%)

Cap. Flow

+$1.23B

Cap. Flow % of AUM

18.48%

Top 10 Holdings %Top 10 Hldgs %

22.65%

Holding

1,450

New

303

Increased

824

Reduced

249

Closed

Top Buys

1	iShares MSCI ACWI ex US ETF ACWX	$94.4M
2	iShares Core S&P US Growth ETF IUSG	$75.9M
3	BlackRock US Equity Factor Rotation ETF DYNF	$61.4M
4	iShares Core S&P US Value ETF IUSV	$56M
5	iShares MSCI USA Quality Factor ETF QUAL	$54.1M

Top Sells

1	Invesco S&P 500 Low Volatility ETF SPLV	$88M
2	iShares Core MSCI EAFE ETF IEFA	$79.5M
3	Vanguard FTSE Developed Markets ETF VEA	$18.1M
4	Vanguard Short-Term Treasury ETF VGSH	$13.9M
5	American Century Diversified Corporate Bond ETF KORP	$12.5M

Sector Composition

1	Technology	8.62%
2	Financials	5.17%
3	Industrials	4.28%
4	Healthcare	3.19%
5	Consumer Discretionary	3.11%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
451	451 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.7B	$1.83M	0.03%	26,844 +4,889	+22%	+$333K
452	452 iShares Morningstar Mid-Cap ETF IMCB $1.12B	$1.83M	0.03%	24,636 +68	+0.3%	+$5.04K
453	453 Cheniere Energy LNG $51.4B	$1.82M	0.03%	7,884 +4,240	+116%	+$981K
454	454 ARK Innovation ETF ARKK $7.33B	$1.82M	0.03%	38,303 +6,496	+20%	+$309K
455	455 Citizens Financial Group CFG $21.2B	$1.82M	0.03%	44,398 +24,316	+121%	+$996K
456	456 iShares Morningstar Mid-Cap Value ETF IMCV $718M	$1.81M	0.03%	24,435 -1,912	-7%	-$142K
457	457 Invesco Aerospace & Defense ETF PPA $5.99B	$1.81M	0.03%	15,542 +2,483	+19%	+$289K
458	458 Consumers Staples Select Sector SPDR Fund XLP $16B	$1.81M	0.03%	22,154 -1,612	-7%	-$132K
459	459 Cigna CI $79.7B	$1.81M	0.03%	5,498 +3,165	+136%	+$1.04M
460	460 Eaton Vance Tax-Managed Diversified Equity Income Fund ETY $2.45B	$1.8M	0.03%	126,239 +15,459	+14%	+$220K
461	461 BlackRock Short Maturity Municipal Bond ETF MEAR $1.14B	$1.8M	0.03%	+35,798	New	+$1.8M
462	462 WisdomTree US MidCap Dividend Fund DON $3.73B	$1.8M	0.03%	36,286 +807	+2%	+$40K
463	463 Allstate ALL $51.1B	$1.79M	0.03%	8,627 +4,718	+121%	+$977K
464	464 American Tower AMT $104B	$1.78M	0.03%	8,186 +1,312	+19%	+$285K
465	465 iShares 20+ Year Treasury Bond ETF TLT $46.7B	$1.78M	0.03%	19,523 -24,291	-55%	-$2.21M
466	466 Intel INTC $99.5B	$1.77M	0.03%	78,108 +11,372	+17%	+$258K
467	467 Kroger KR $47.7B	$1.77M	0.03%	26,154 +14,168	+118%	+$959K
468	468 Schwab US TIPS ETF SCHP $13B	$1.77M	0.03%	+65,789	New	+$1.77M
469	469 American Electric Power AEP $56.6B	$1.76M	0.03%	16,152 +2,438	+18%	+$266K
470	470 ProShares Investment Grade-Interest Rate Hedged IGHG $269M	$1.75M	0.03%	22,721 -1,597	-7%	-$123K
471	471 FS KKR Capital FSK $6.3B	$1.75M	0.03%	83,341 +16,093	+24%	+$337K
472	472 FMC FMC $5.28B	$1.74M	0.03%	41,347 +34,256	+483%	+$1.45M
473	473 AstraZeneca AZN $215B	$1.73M	0.03%	23,583 +14,743	+167%	+$1.08M
474	474 SPDR DoubleLine Total Return Tactical ETF TOTL $3.79B	$1.73M	0.03%	43,010 +13,440	+45%	+$542K
475	475 Howmet Aerospace HWM $76.2B	$1.71M	0.03%	13,149 +5,241	+66%	+$680K