Arrow Investment Advisors

Arrow Investment Advisors as of Dec. 31, 2012

Portfolio Holdings for Arrow Investment Advisors

Arrow Investment Advisors holds 32 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Value ETF (VTV) 14.1 $59M 998k 58.80
Vanguard Small-Cap Value ETF (VBR) 13.4 $56M 767k 72.66
iShares Lehman 7-10 Yr Treas. Bond (IEF) 9.4 $39M 363k 107.49
Vanguard Short-Term Bond ETF (BSV) 8.8 $37M 453k 80.99
Consumer Discretionary SPDR (XLY) 4.0 $17M 347k 47.43
Health Care SPDR (XLV) 3.8 $16M 397k 39.95
Financial Select Sector SPDR (XLF) 3.7 $15M 929k 16.40
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 3.6 $15M 124k 122.80
iShares MSCI Pacific ex-Japan Idx (EPP) 3.6 $15M 314k 47.14
SPDR DJ International Real Estate ETF (RWX) 3.6 $15M 358k 41.35
iShares S&P Europe 350 Index (IEV) 3.3 $14M 350k 39.30
iShares S&P World Ex-US Prop Index (WPS) 3.3 $14M 379k 36.31
Jp Morgan Alerian Mlp Index 3.3 $14M 356k 38.46
iShares Dow Jones US Consumer Ser. (IYC) 3.2 $13M 153k 86.80
iShares Dow Jones US Tele (IYZ) 3.0 $13M 523k 24.26
iShares Dow Jones US Healthcare (IYH) 3.0 $12M 149k 83.51
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 2.5 $10M 148k 70.53
iShares MSCI Hong Kong Index Fund (EWH) 2.5 $10M 525k 19.42
iShares MSCI Switzerland Index Fund (EWL) 2.5 $10M 380k 26.80
iShares MSCI Germany Index Fund (EWG) 2.4 $10M 409k 24.72
iShares MSCI Belgium Investable Mkt (EWK) 2.3 $9.6M 694k 13.85
Ishares Tr cmn (GOVT) 0.2 $654k 26k 25.15
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $541k 5.8k 93.28
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.1 $553k 8.7k 63.56
PowerShares Emerging Markets Sovere 0.1 $340k 11k 31.41
Mobile TeleSystems OJSC 0.1 $191k 10k 18.65
KT Corporation (KT) 0.1 $192k 11k 16.78
CommonWealth REIT 0.1 $197k 12k 15.84
Cedar Shopping Centers 0.0 $173k 33k 5.29
Capital Product 0.0 $147k 22k 6.57
Navios Maritime Partners 0.0 $149k 12k 12.30
Oxford Resource Partners 0.0 $88k 20k 4.41