Instuitional Investor - Arrow Investment Advisors, Llc

Filing Period:
No. Security Ticker Shares Value % Port
1.
Arrow Invts Tr - RESV CAP ETF
409,003 $40,922,427 39.59%
2. HYG 31,947 $6,383,330 6.18%
3. IEF 78,931 $5,399,670 5.22%
4. XLE 26,996 $5,000,469 4.84%
5. EWZ 68,419 $4,755,121 4.6%