Instuitional Investor - Appalachian Capital Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Schwab Strategic Trust	SCHD	1,577,489	$45,684,088	33.14%
2.	Schwab Strategic Trust	SCHD	319,735	$10,138,807	7.35%
3.	Spdr Series Trust	KRE	340,149	$9,656,825	7%
4.	Spdr Series Trust	KRE	352,002	$9,233,024	6.7%
5.	First Tr Exchng Traded Fd Vi - SMIT UNCO BD ETF		362,396	$9,016,407	6.54%