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
801	801 iShares Expanded Tech-Software Sector ETF IGV $12.1B	$691K	0.01%	7,765 -200	-3%	-$17.8K
802	802 Invesco Dividend Achievers ETF PFM $710M	$684K	0.01%	+14,939	New	+$684K
803	803 Church & Dwight Co CHD $23.7B	$681K	0.01%	6,189 +420	+7%	+$46.2K
804	804 Ferguson FERG $44.4B	$680K	0.01%	4,244 +2,613	+160%	+$419K
805	805 Best Buy BBY $14.1B	$679K	0.01%	9,224 +3,946	+75%	+$290K
806	806 SS&C Technologies SSNC $20.5B	$677K	0.01%	8,108 +3,372	+71%	+$282K
807	807 VanEck Short Muni ETF SMB $277M	$674K	0.01%	39,314 +9,334	+31%	+$160K
808	BSL 808 Blackstone Senior Floating Rate 2027 Term Fund BSL $186M	$671K	0.01%	47,512 -11,901	-20%	-$168K
809	809 Vanguard S&P Mid-Cap 400 Value ETF IVOV $950M	$671K	0.01%	7,290 +504	+7%	+$46.4K
810	810 SPDR S&P Metals & Mining ETF XME $2.18B	$671K	0.01%	11,981 -876	-7%	-$49K
811	811 Nike NKE $107B	$668K	0.01%	10,526 +2,187	+26%	+$139K
812	812 iShares Global Clean Energy ETF ICLN $1.46B	$667K	0.01%	58,418 -15,323	-21%	-$175K
813	813 UiPath PATH $6.62B	$666K	0.01%	64,648 +15,543	+32%	+$160K
814	814 ADT ADT $7.04B	$663K	0.01%	81,494 +55,262	+211%	+$450K
815	815 MGE Energy Inc MGEE $3.13B	$659K	0.01%	7,093 +14	+0.2%	+$1.3K
816	816 STAG Industrial STAG $6.61B	$658K	0.01%	18,211 +958	+6%	+$34.6K
817	817 US Commodity Index USCI $248M	$656K	0.01%	9,091 -393	-4%	-$28.3K
818	818 Mid-America Apartment Communities MAA $17.7B	$655K	0.01%	3,910 +175	+5%	+$29.3K
819	819 Flowserve FLS $7.08B	$655K	0.01%	13,408 +2,752	+26%	+$134K
820	820 Rockwell Automation ROK $39.9B	$654K	0.01%	2,533 -219	-8%	-$56.6K
821	821 WESCO International WCC $9.99B	$653K	0.01%	+4,203	New	+$653K
822	822 Invesco FTSE RAFI US 1000 ETF PRF $7.85B	$646K	0.01%	15,990 -2,000	-11%	-$80.8K
823	823 TE Connectivity TEL $53B	$645K	0.01%	4,562 +2,904	+175%	+$410K
824	824 Schwab Emerging Markets Equity ETF SCHE $10.5B	$640K	0.01%	+23,209	New	+$640K
825	825 SPDR Bloomberg High Yield Bond ETF JNK $8.01B	$639K	0.01%	6,704 +1,591	+31%	+$152K