Instuitional Investor - Arkansas Financial Group, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Dow Jones Ind Avg Etf Trust	DIA	222,877	$104,197,381	15.38%
2.	Ishares Trust	IEF	1,028,195	$67,624,385	9.98%
3.	Vanguard Index Fds - MID CAP ETF		153,082	$45,191,463	6.67%
4.	Ishares Trust	IEF	59,641	$40,104,019	5.92%
5.	Spdr Series Trust		1,261,485	$38,096,850	5.62%