Instuitional Investor - Cfs Investment Advisory Services, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust	KRE	1,490,244	$130,649,670	8.71%
2.	Pacer Fds Tr		2,031,377	$118,104,259	7.88%
3.	Vanguard Index Fds - GROWTH ETF		652,189	$55,762,151	3.72%
4.	Ishares Trust	IEF	166,111	$40,997,763	2.73%
5.	Blackrock Etf Trust	DYNF	533,175	$35,792,057	2.39%