ARQ WEALTH ADVISORS, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPDW	SPDR INDEX SHS FDS	491,366	$16,844	11.3%	$27.56	—	PORTFOLIO DEVLPD	78463X889
MTUM	ISHARES TR	72,415	$12,185	8.2%	$126.32	—	MSCI USA MMENTM	46432F396
QUAL	ISHARES TR	82,207	$11,068	7.5%	$96.89	—	MSCI USA QLT FCT	46432F339
SPMD	SPDR SER TR	185,421	$8,744	5.9%	$28.32	—	PORTFOLIO S&P400	78464A847
LGLV	SPDR SER TR	59,037	$8,482	5.7%	$107.32	—	SSGA US LRG ETF	78468R804
RSP	INVESCO EXCHANGE TRADED FD T	40,850	$6,442	4.3%	$151.97	—	S&P500 EQL WGT	46137V357
ACWV	ISHARES INC	61,238	$6,419	4.3%	$88.40	—	MSCI GBL MIN VOL	464286525
GLOF	ISHARES TR	164,187	$6,061	4.1%	$27.69	—	MSCI GBL MULTIFC	46434V316
QEFA	SPDR INDEX SHS FDS	83,631	$6,036	4.1%	$72.17	—	MSCI EAFE STRTGC	78463X434
LMBS	FIRST TR EXCHANGE-TRADED FD	119,870	$5,868	4.0%	$50.48	—	FST LOW OPPT EFT	33739Q200
VEA	VANGUARD TAX-MANAGED INTL FD	109,478	$5,258	3.5%	$37.94	—	FTSE DEV MKT ETF	921943858
SPYM	SPDR SER TR	98,453	$5,231	3.5%	$36.25	—	PORTFOLIO S&P500	78464A854
FCTR	FIRST TR EXCHANGE-TRADED FD	149,913	$4,910	3.3%	$33.69	—	LUNT US FACTOR	33733E872
MDYV	SPDR SER TR	58,930	$4,147	2.8%	$47.17	—	S&P 400 MDCP VAL	78464A839
SPTM	SPDR SER TR	66,186	$3,679	2.5%	$39.60	—	PORTFOLI S&P1500	78464A805
AVUV	AMERICAN CENTY ETF TR	43,812	$3,499	2.4%	$79.86	—	US SML CP VALU	025072877
—	PERFICIENT INC	27,900	$3,072	2.1%	$72.00	—	COM	71375U101
EMGF	ISHARES INC	55,386	$2,680	1.8%	$45.12	—	MSCI EMERG MKT	46434G889
EFAV	ISHARES TR	36,589	$2,640	1.8%	$66.82	—	MSCI EAFE MIN VL	46429B689
SPEM	SPDR INDEX SHS FDS	56,595	$2,187	1.5%	$34.16	—	PORTFOLIO EMG MK	78463X509
MSFT	MICROSOFT CORP	6,653	$2,051	1.4%	$212.84	+36.9%	COM	594918104
VXF	VANGUARD INDEX FDS	11,862	$1,965	1.3%	$105.92	—	EXTEND MKT ETF	922908652
VIG	VANGUARD SPECIALIZED FUNDS	10,172	$1,649	1.1%	$103.36	—	DIV APP ETF	921908844
IVV	ISHARES TR	3,520	$1,597	1.1%	$266.83	—	CORE S&P500 ETF	464287200
IJH	ISHARES TR	4,954	$1,329	0.9%	$168.04	—	CORE S&P MCP ETF	464287507
AVEM	AMERICAN CENTY ETF TR	20,136	$1,194	0.8%	$59.30	—	AVANTIS EMGMKT	025072604
VYM	VANGUARD WHITEHALL FDS	10,344	$1,161	0.8%	$85.40	—	HIGH DIV YLD	921946406
SPY	SPDR S&P 500 ETF TR	2,370	$1,070	0.7%	$391.25	—	TR UNIT	78462F103
SPHD	INVESCO EXCH TRADED FD TR II	22,130	$1,045	0.7%	$35.00	—	S&P500 HDL VOL	46138E362
BUFD	FIRST TR EXCHNG TRADED FD VI	46,608	$989	0.7%	$21.22	—	CBOE VEST FD DEP	33740U703
AAPL	APPLE INC	5,195	$907	0.6%	$98.17	+67.9%	COM	037833100
HON	HONEYWELL INTL INC	3,861	$751	0.5%	$192.16	-11.3%	COM	438516106
VUG	VANGUARD INDEX FDS	2,526	$726	0.5%	$156.60	—	GROWTH ETF	922908736
FPE	FIRST TR EXCH TRADED FD III	37,870	$720	0.5%	$20.06	—	PFD SECS INC ETF	33739E108
—	CALAMOS CONV & HIGH INCOME F	47,663	$672	0.5%	$10.93	—	COM SHS	12811P108
IWF	ISHARES TR	2,232	$620	0.4%	$177.43	—	RUS 1000 GRW ETF	464287614
EMLP	FIRST TR EXCHANGE-TRADED FD	22,174	$614	0.4%	$20.15	—	NO AMER ENERGY	33738D101
VYMI	VANGUARD WHITEHALL FDS	8,361	$565	0.4%	$59.15	—	INTL HIGH ETF	921946794
IVE	ISHARES TR	3,581	$558	0.4%	$96.39	—	S&P 500 VAL ETF	464287408
IDLV	INVESCO EXCH TRADED FD TR II	17,908	$558	0.4%	$28.36	—	S&P INTL LOW	46138E230
FV	FIRST TR EXCHANGE-TRADED FD	7,706	$367	0.2%	$25.75	—	DORSEY WRT 5 ETF	33738R605
—	AMERICAN WELL CORP	85,955	$362	0.2%	$12.58	—	CL A	03044L105
IJK	ISHARES TR	4,169	$322	0.2%	$110.56	—	S&P MC 400GR ETF	464287606
EFA	ISHARES TR	4,333	$319	0.2%	$62.51	—	MSCI EAFE ETF	464287465
KOMP	SPDR SER TR	5,363	$279	0.2%	$59.15	—	S&P KENSHO NEW	78468R648
PG	PROCTER AND GAMBLE CO	1,787	$273	0.2%	$105.98	+34.1%	COM	742718109
MO	ALTRIA GROUP INC	4,928	$257	0.2%	$33.97	+9.3%	COM	02209S103
ET	ENERGY TRANSFER L P	16,000	$179	0.1%	$7.70	—	COM UT LTD PTN	29273V100