Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	POWERSHARES ETF TRUST	1,182,134	$50.05M	21.0%	$41.37	—	DWA MOMENTUM PTF	73935X153
FTSM	FIRST TR EXCHANGE TRADED FD	511,003	$30.96M	13.0%	$60.58	—	FIRST TR ENH NEW	33739Q408
—	POWERSHARES ETF TR II	694,610	$29.89M	12.5%	$43.03	—	S&P500 LOW VOL	73937B779
—	RYDEX ETF TRUST	348,487	$28.17M	11.8%	$80.82	—	GUG S&P500 EQ WT	78355W106
TLT	ISHARES TR	85,952	$12.01M	5.0%	$139.69	—	20 YR TR BD ETF	464287432
TLH	ISHARES TR	80,221	$11.83M	5.0%	$134.21	—	10-20 YR TRS ETF	464288653
IEF	ISHARES TR	103,247	$11.73M	4.9%	$105.59	—	7-10 Y TR BD ETF	464287440
IGOV	ISHARES TR	115,619	$11.58M	4.9%	$100.14	—	INTL TREA BD ETF	464288117
EEMV	ISHARES	210,380	$10.92M	4.6%	$49.33	—	MIN VOL EMRG MKT	464286533
EFAV	ISHARES TR	160,968	$10.75M	4.5%	$64.87	—	MIN VOL EAFE ETF	46429B689
—	SPDR SER TR	401,889	$10.4M	4.4%	$25.88	—	DORSEY WRGT FI	78468R713
NUE	NUCOR CORP	107,058	$5.29M	2.2%	$32.43	+20.7%	COM	670346105
IDCC	INTERDIGITAL INC	77,229	$4.3M	1.8%	$50.76	+11.3%	COM	45867G101
MDY	SPDR S&P MIDCAP 400 ETF TR	2,835	$772K	0.3%	$253.97	—	UTSER1 S&PDCRP	78467Y107
IEFA	ISHARES TR	4,113	$704K	0.3%	$171.16	—	CORE MSCI EAFE	46432F842
—	ARROW INVTS TR	63,415	$640K	0.3%	$9.91	—	DWA TACTICAL ETF	042765792
XLK	SELECT SECTOR SPDR TR	14,493	$629K	0.3%	$42.86	—	TECHNOLOGY	81369Y803
XLV	SELECT SECTOR SPDR TR	8,461	$607K	0.3%	$71.98	—	SBI HEALTHCARE	81369Y209
IWB	ISHARES TR	5,183	$606K	0.3%	$113.25	—	RUS 1000 ETF	464287622
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,445	$499K	0.2%	$134.61	+6.2%	CL B NEW	084670702
FV	FIRST TR EXCHANGE TRADED FD	21,428	$479K	0.2%	$21.60	—	DORSEY WRT 5 ETF	33738R605
—	BLACKROCK MUN INCOME TR	26,399	$417K	0.2%	$14.74	—	SH BEN INT	09248F109
SPY	SPDR S&P 500 ETF TR	1,727	$362K	0.2%	$203.94	—	TR UNIT	78462F103
VNQI	VANGUARD INTL EQUITY INDEX F	6,388	$345K	0.1%	$51.03	—	GLB EX US ETF	922042676
LNC	LINCOLN NATL CORP IND	8,080	$313K	0.1%	$35.70	-18.0%	COM	534187109
AGG	ISHARES TR	2,705	$305K	0.1%	$108.08	—	CORE US AGGBD ET	464287226
CWB	SPDR SERIES TRUST	6,797	$298K	0.1%	$43.25	—	BRC CNV SECS ETF	78464A359
—	BRYN MAWR BK CORP	9,230	$294K	0.1%	$25.55	—	COM	117665109
XLE	SELECT SECTOR SPDR TR	4,225	$288K	0.1%	$61.95	—	SBI INT-ENERGY	81369Y506
IJR	ISHARES TR	2,416	$281K	0.1%	$110.13	—	CORE S&P SCP ETF	464287804
XLP	SELECT SECTOR SPDR TR	4,896	$270K	0.1%	$50.45	—	SBI CONS STPLS	81369Y308
VNQ	VANGUARD INDEX FDS	3,947	$251K	0.1%	$75.02	—	REIT ETF	922908553
LEMB	ISHARES	5,436	$244K	0.1%	$44.89	—	EM MKTS CURR ETF	464286517
OLED	UNIVERSAL DISPLAY CORP	3,500	$237K	0.1%	$58.21	0.0%	COM	91347P105
AAPL	APPLE INC	1,422	$232K	0.1%	$25.73	-12.1%	COM	037833100
—	INVESCO TR INVT GRADE MUNS	15,000	$223K	0.1%	$13.33	—	COM	46131M106
—	ANNALY CAP MGMT INC	20,000	$221K	0.1%	$9.64	—	COM	035710409
AOA	ISHARES	4,639	$213K	0.1%	$44.88	—	AGGRES ALLOC ETF	464289859
VYM	VANGUARD WHITEHALL FDS INC	2,821	$202K	0.1%	$71.61	—	HIGH DIV YLD	921946406
—	BLACKROCK MUNIHLDS INVSTM QL	10,000	$161K	0.1%	$14.50	—	COM	09254P108
—	INVESCO MUN OPPORTUNITY TR	10,000	$149K	0.1%	$13.20	—	COM	46132C107
—	INVESCO ADVANTAGE MUNICIPAL	10,000	$133K	0.1%	$11.80	—	SH BEN INT	46132E103
—	HI-CRUSH PARTNERS LP	10,000	$131K	0.1%	$6.10	—	COM UNIT LTD	428337109
—	ISHARES TR	10,984	$113K	0.0%	$9.56	—	MRG RL ES CP ETF	464288539
—	ROCKWELL MED INC	11,000	$83,000	0.0%	$7.55	—	COM	774374102