Arrow Investment Advisors

Arrow Investment Advisors as of Dec. 31, 2011

Portfolio Holdings for Arrow Investment Advisors

Arrow Investment Advisors holds 27 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Lehman 7-10 Yr Treas. Bond (IEF) 14.3 $79M 745k 105.57
Vanguard Short-Term Bond ETF (BSV) 9.5 $52M 646k 80.84
Vanguard Small-Cap Growth ETF (VBK) 8.4 $46M 605k 76.40
Vanguard Growth ETF (VUG) 8.4 $46M 747k 61.76
iShares Barclays TIPS Bond Fund (TIP) 8.2 $45M 387k 116.69
PowerShares DB Gold Fund 7.8 $43M 784k 54.45
Utilities SPDR (XLU) 4.6 $25M 705k 35.98
Consumer Staples Select Sect. SPDR (XLP) 4.5 $25M 755k 32.49
iShares Barclays 20+ Yr Treas.Bond (TLT) 4.5 $25M 203k 121.25
iShares Dow Jones Select Dividend (DVY) 4.4 $24M 451k 53.75
PowerShares High Yld. Dividend Achv 4.1 $23M 2.5M 9.25
SPDR Barclays Capital TIPS (SPIP) 4.1 $23M 390k 58.02
iShares Dow Jones US Utilities (IDU) 3.1 $17M 195k 88.32
iShares Dow Jones US Consumer Goods (IYK) 3.0 $17M 245k 68.48
iShares Dow Jones US Consumer Ser. (IYC) 3.0 $17M 232k 71.41
iShares MSCI South Korea Index Fund (EWY) 1.5 $8.4M 160k 52.26
iShares MSCI Malaysia Index Fund 1.5 $8.3M 618k 13.40
iShares MSCI United Kingdom Index 1.4 $8.0M 493k 16.16
iShares MSCI Switzerland Index Fund (EWL) 1.4 $8.0M 353k 22.62
iShares MSCI Singapore Index Fund 1.2 $6.8M 623k 10.83
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.3 $1.5M 27k 56.78
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $796k 8.9k 89.44
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.1 $517k 4.7k 109.72
PowerShares Emerging Markets Sovere 0.1 $455k 17k 27.37
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $379k 3.5k 108.29
Fushi Copperweld 0.0 $91k 12k 7.52
Winn-Dixie Stores 0.0 $124k 13k 9.39