Lunt Capital Management, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BINC	BLACKROCK ETF TRUST II	65,240	$3,443	1.3%	$52.77	—	ISHARES FLEXIBLE	092528603
SPLV	INVESCO EXCH TRADED FD TR II	32,682	$2,334	0.9%	$71.42	—	S&P500 LOW VOL	46138E354
XLF	SELECT SECTOR SPDR TR	13,236	$725	0.3%	$54.77	—	STATE STREET FIN	81369Y605
XLC	SELECT SECTOR SPDR TR	5,697	$671	0.3%	$117.72	—	STATE STREET COM	81369Y852
SPEM	SPDR INDEX SHS FDS	12,149	$569	0.2%	$46.81	—	PORTFOLIO EMG MK	78463X509
EELV	INVESCO EXCH TRADED FD TR II	15,462	$424	0.2%	$27.43	—	S&P EMRNG MKTS	46138E297
ALLW	SSGA ACTIVE TR	10,206	$281	0.1%	$27.49	—	SPDR BRIDGEWATER	78470P630
DRSK	ETF SER SOLUTIONS	9,465	$269	0.1%	$28.47	—	APTUS DEFINED	26922A388
ACIO	ETF SER SOLUTIONS	5,620	$246	0.1%	$43.70	—	APTUS COLLRD INV	26922A222
HELO	J P MORGAN EXCHANGE TRADED F	3,237	$215	0.1%	$66.43	—	HEDGED EQUITY LA	46654Q724
BUFY	FIRST TR EXCHNG TRADED FD VI	9,620	$214	0.1%	$22.24	—	FT VEST LADDERED	33740F169
ALUR	ALLURION TECHNOLOGIES INC	166,666	$205	0.1%	$1.68	0.0%	COMMON STOCK	02008G201
VEA	VANGUARD TAX-MANAGED FDS	3,281	$205	0.1%	$62.47	—	VAN FTSE DEV MKT	921943858
METCB	RAMACO RES INC	12,580	$148	0.1%	$14.20	0.0%	COM CL B	75134P501

Increased Positions (25)

METC RAMACO RES INC 3.8%

Value ($000) $10,042 (+388.8%) Shares 557,899 (+801.3%) Est. Cost $24.77 Unrealized +6.1%

VTI VANGUARD INDEX FDS 2.2%

Value ($000) $5,825 (+118.2%) Shares 17,375 (+113.6%) Est. Cost $320.86 Unrealized —

TPL TEXAS PACIFIC LAND CORPORATI 2.7%

Value ($000) $7,095 (-17.7%) Shares 24,702 (+167.6%) Est. Cost $251.95 Unrealized +21.1%

RSP INVESCO EXCHANGE TRADED FD T 2.4%

Value ($000) $6,409 (+26.5%) Shares 33,456 (+25.3%) Est. Cost $170.96 Unrealized —

XLI SELECT SECTOR SPDR TR 0.4%

Value ($000) $1,137 (+60.3%) Shares 7,331 (+59.3%) Est. Cost $150.35 Unrealized —

IDMO INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $783 (+96.2%) Shares 14,096 (+90.7%) Est. Cost $49.59 Unrealized —

IXUS ISHARES TR 2.4%

Value ($000) $6,278 (+5.6%) Shares 74,169 (+3.1%) Est. Cost $66.08 Unrealized —

SPYM SPDR SERIES TRUST 1.7%

Value ($000) $4,667 (+6.2%) Shares 58,183 (+3.7%) Est. Cost $59.46 Unrealized —

PALC PACER FDS TR 5.2%

Value ($000) $13,894 (+2.0%) Shares 265,966 (+1.1%) Est. Cost $39.40 Unrealized —

COWZ PACER FDS TR 1.8%

Value ($000) $4,764 (+5.9%) Shares 79,182 (+1.2%) Est. Cost $53.90 Unrealized —

TFLO ISHARES TR 3.5%

Value ($000) $9,216 (+1.1%) Shares 182,648 (+1.4%) Est. Cost $50.57 Unrealized —

TRAK REPOSITRAK INC 0.3%

Value ($000) $721 (-10.0%) Shares 58,292 (+7.8%) Est. Cost $8.00 Unrealized +77.6%

XLY SELECT SECTOR SPDR TR 0.2%

Value ($000) $665 (-6.3%) Shares 5,565 (+88.1%) Est. Cost $183.34 Unrealized —

EFNL ISHARES TR 0.1%

Value ($000) $276 (+15.0%) Shares 5,778 (+2.9%) Est. Cost $37.10 Unrealized —

PAMC PACER FDS TR 4.0%

Value ($000) $10,596 (+0.3%) Shares 227,378 (+1.2%) Est. Cost $37.34 Unrealized —

EWL ISHARES INC 0.1%

Value ($000) $251 (+13.6%) Shares 4,189 (+4.6%) Est. Cost $52.15 Unrealized —

EWC ISHARES INC 0.1%

Value ($000) $253 (+11.3%) Shares 4,700 (+4.3%) Est. Cost $42.01 Unrealized —

EWU ISHARES TR 0.1%

Value ($000) $235 (+9.8%) Shares 5,336 (+4.8%) Est. Cost $39.92 Unrealized —

EWD ISHARES INC 0.1%

Value ($000) $243 (+9.0%) Shares 4,938 (+4.6%) Est. Cost $42.39 Unrealized —

IEF ISHARES TR 0.1%

Value ($000) $375 (+4.1%) Shares 3,902 (+4.4%) Est. Cost $92.61 Unrealized —

NORW GLOBAL X FDS 0.1%

Value ($000) $242 (+3.9%) Shares 8,050 (+4.5%) Est. Cost $27.23 Unrealized —

FLRN SPDR SERIES TRUST 0.1%

Value ($000) $371 (+1.7%) Shares 12,070 (+2.1%) Est. Cost $30.74 Unrealized —

EWN ISHARES INC 0.1%

Value ($000) $219 (+2.7%) Shares 3,834 (+4.5%) Est. Cost $57.97 Unrealized —

MTUM ISHARES TR 0.1%

Value ($000) $375 (+0.5%) Shares 1,500 (+3.0%) Est. Cost $147.55 Unrealized —

EWA ISHARES INC 0.1%

Value ($000) $205 (-0.8%) Shares 7,810 (+2.2%) Est. Cost $26.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
METC	RAMACO RES INC	557,899 (+801.3%)	$10,042 (+388.8%)	3.8%	$24.77	+6.1%	COM CL A	75134P600
VTI	VANGUARD INDEX FDS	17,375 (+113.6%)	$5,825 (+118.2%)	2.2%	$320.86	—	TOTAL STK MKT	922908769
TPL	TEXAS PACIFIC LAND CORPORATI	24,702 (+167.6%)	$7,095 (-17.7%)	2.7%	$251.95	+21.1%	COM	88262P102
RSP	INVESCO EXCHANGE TRADED FD T	33,456 (+25.3%)	$6,409 (+26.5%)	2.4%	$170.96	—	S&P500 EQL WGT	46137V357
XLI	SELECT SECTOR SPDR TR	7,331 (+59.3%)	$1,137 (+60.3%)	0.4%	$150.35	—	STATE STREET IND	81369Y704
IDMO	INVESCO EXCH TRADED FD TR II	14,096 (+90.7%)	$783 (+96.2%)	0.3%	$49.59	—	S&P INTL MOMNT	46138E222
IXUS	ISHARES TR	74,169 (+3.1%)	$6,278 (+5.6%)	2.4%	$66.08	—	CORE MSCI TOTAL	46432F834
SPYM	SPDR SERIES TRUST	58,183 (+3.7%)	$4,667 (+6.2%)	1.7%	$59.46	—	STATE STREET SPD	78464A854
PALC	PACER FDS TR	265,966 (+1.1%)	$13,894 (+2.0%)	5.2%	$39.40	—	LUNT LRGCP MULTI	69374H816
COWZ	PACER FDS TR	79,182 (+1.2%)	$4,764 (+5.9%)	1.8%	$53.90	—	US CASH COWS 100	69374H881
TFLO	ISHARES TR	182,648 (+1.4%)	$9,216 (+1.1%)	3.5%	$50.57	—	TRS FLT RT BD	46434V860
TRAK	REPOSITRAK INC	58,292 (+7.8%)	$721 (-10.0%)	0.3%	$8.00	+77.6%	COM NEW	700215304
XLY	SELECT SECTOR SPDR TR	5,565 (+88.1%)	$665 (-6.3%)	0.2%	$183.34	—	STATE STREET CON	81369Y407
EFNL	ISHARES TR	5,778 (+2.9%)	$276 (+15.0%)	0.1%	$37.10	—	MSCI FINLAND ETF	46429B515
PAMC	PACER FDS TR	227,378 (+1.2%)	$10,596 (+0.3%)	4.0%	$37.34	—	LUNT MDCAP MLT	69374H725
EWL	ISHARES INC	4,189 (+4.6%)	$251 (+13.6%)	0.1%	$52.15	—	MSCI SWITZERLAND	464286749
EWC	ISHARES INC	4,700 (+4.3%)	$253 (+11.3%)	0.1%	$42.01	—	MSCI CDA ETF	464286509
EWU	ISHARES TR	5,336 (+4.8%)	$235 (+9.8%)	0.1%	$39.92	—	MSCI UK ETF NEW	46435G334
EWD	ISHARES INC	4,938 (+4.6%)	$243 (+9.0%)	0.1%	$42.39	—	MSCI SWEDEN ETF	464286756
IEF	ISHARES TR	3,902 (+4.4%)	$375 (+4.1%)	0.1%	$92.61	—	7-10 YR TRSY BD	464287440
NORW	GLOBAL X FDS	8,050 (+4.5%)	$242 (+3.9%)	0.1%	$27.23	—	MSCI NORWAY ETF	37950E101
FLRN	SPDR SERIES TRUST	12,070 (+2.1%)	$371 (+1.7%)	0.1%	$30.74	—	STATE STREET SPD	78468R200
EWN	ISHARES INC	3,834 (+4.5%)	$219 (+2.7%)	0.1%	$57.97	—	MSCI NETHERL ETF	464286814
MTUM	ISHARES TR	1,500 (+3.0%)	$375 (+0.5%)	0.1%	$147.55	—	MSCI USA MMENTM	46432F396
EWA	ISHARES INC	7,810 (+2.2%)	$205 (-0.8%)	0.1%	$26.32	—	MSCI AUST ETF	464286103

Exited Positions (9)

— ISHARES TR 1.6%

Value ($000) $4,146 Shares 177,447 Est. Cost $23.15 Unrealized —

SPMO INVESCO EXCH TRADED FD TR II 1.0%

Value ($000) $2,603 Shares 21,504 Est. Cost $116.80 Unrealized —

XLK SELECT SECTOR SPDR TR 0.5%

Value ($000) $1,253 Shares 4,447 Est. Cost $253.23 Unrealized —

PIE INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $828 Shares 33,948 Est. Cost $20.94 Unrealized —

DSEP FIRST TR EXCHNG TRADED FD VI 0.2%

Value ($000) $665 Shares 15,046 Est. Cost $40.05 Unrealized —

DFEB FIRST TR EXCHNG TRADED FD VI 0.2%

Value ($000) $641 Shares 13,765 Est. Cost $42.15 Unrealized —

VXUS VANGUARD STAR FDS 0.2%

Value ($000) $550 Shares 7,488 Est. Cost $69.09 Unrealized —

RWO SPDR INDEX SHS FDS 0.2%

Value ($000) $485 Shares 10,595 Est. Cost $44.14 Unrealized —

SRVR PACER FDS TR 0.1%

Value ($000) $220 Shares 6,935 Est. Cost $29.35 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES TR	177,447	$4,146	1.6%	$23.15	—	—	46436E866
SPMO	INVESCO EXCH TRADED FD TR II	21,504	$2,603	1.0%	$116.80	—	—	46138E339
XLK	SELECT SECTOR SPDR TR	4,447	$1,253	0.5%	$253.23	—	—	81369Y803
PIE	INVESCO EXCH TRADED FD TR II	33,948	$828	0.3%	$20.94	—	—	46138E867
DSEP	FIRST TR EXCHNG TRADED FD VI	15,046	$665	0.2%	$40.05	—	—	33740F680
DFEB	FIRST TR EXCHNG TRADED FD VI	13,765	$641	0.2%	$42.15	—	—	33740F771
VXUS	VANGUARD STAR FDS	7,488	$550	0.2%	$69.09	—	—	921909768
RWO	SPDR INDEX SHS FDS	10,595	$485	0.2%	$44.14	—	—	78463X749
SRVR	PACER FDS TR	6,935	$220	0.1%	$29.35	—	—	69374H741

Decreased Positions (29)

BIL SPDR SERIES TRUST 3.5%

Value ($000) $9,356 (-8.5%) Shares 102,388 (-8.1%) Est. Cost $91.69 Unrealized —

MOAT VANECK ETF TRUST 1.4%

Value ($000) $3,633 (-16.9%) Shares 35,077 (-20.5%) Est. Cost $87.39 Unrealized —

DJUL FIRST TR EXCHNG TRADED FD VI 0.1%

Value ($000) $356 (-66.2%) Shares 7,481 (-66.9%) Est. Cost $41.41 Unrealized —

DAUG FIRST TR EXCHNG TRADED FD VI 0.1%

Value ($000) $348 (-66.1%) Shares 7,846 (-66.7%) Est. Cost $39.13 Unrealized —

FCTR FIRST TR EXCHANGE-TRADED FD 3.9%

Value ($000) $10,308 (-4.9%) Shares 288,980 (-5.3%) Est. Cost $26.85 Unrealized —

PTLC PACER FDS TR 0.7%

Value ($000) $1,948 (-17.0%) Shares 35,042 (-18.2%) Est. Cost $45.25 Unrealized —

FLXR TCW ETF TRUST 1.7%

Value ($000) $4,443 (-7.1%) Shares 112,190 (-6.6%) Est. Cost $39.45 Unrealized —

ALTL PACER FDS TR 3.4%

Value ($000) $9,123 (-3.5%) Shares 212,552 (-4.5%) Est. Cost $37.01 Unrealized —

BUFG FIRST TR EXCHNG TRADED FD VI 0.9%

Value ($000) $2,413 (-11.8%) Shares 87,690 (-13.6%) Est. Cost $21.08 Unrealized —

PHDG INVESCO ACTIVELY MANAGED EXC 0.7%

Value ($000) $1,887 (-13.5%) Shares 50,411 (-14.0%) Est. Cost $35.08 Unrealized —

FRDM EA SERIES TRUST 1.1%

Value ($000) $3,032 (+10.5%) Shares 59,134 (-4.5%) Est. Cost $32.55 Unrealized —

KOMP SPDR SERIES TRUST 0.9%

Value ($000) $2,307 (-10.5%) Shares 38,618 (-6.7%) Est. Cost $45.83 Unrealized —

IGEB ISHARES TR 1.1%

Value ($000) $3,051 (-7.9%) Shares 66,824 (-7.1%) Est. Cost $44.52 Unrealized —

BOND PIMCO ETF TR 1.8%

Value ($000) $4,731 (-4.7%) Shares 50,830 (-4.4%) Est. Cost $91.40 Unrealized —

SECT NORTHERN LTS FD TR IV 0.9%

Value ($000) $2,403 (-6.6%) Shares 37,245 (-8.8%) Est. Cost $46.35 Unrealized —

VBIL VANGUARD INSTL INDEX FD 0.6%

Value ($000) $1,535 (-9.8%) Shares 20,352 (-9.6%) Est. Cost $75.62 Unrealized —

SPAB SPDR SERIES TRUST 2.1%

Value ($000) $5,678 (-2.8%) Shares 220,516 (-2.4%) Est. Cost $25.35 Unrealized —

LMBS FIRST TR EXCHANGE-TRADED FD 2.4%

Value ($000) $6,422 (-2.3%) Shares 128,456 (-2.7%) Est. Cost $47.83 Unrealized —

TOTL SSGA ACTIVE ETF TR 1.6%

Value ($000) $4,349 (-3.2%) Shares 108,057 (-2.4%) Est. Cost $40.11 Unrealized —

IXN ISHARES TR 0.3%

Value ($000) $778 (-6.9%) Shares 7,406 (-8.5%) Est. Cost $63.89 Unrealized —

BUFT FIRST TR EXCHNG TRADED FD VI 1.0%

Value ($000) $2,636 (-1.6%) Shares 107,121 (-3.4%) Est. Cost $20.66 Unrealized —

SPDW SPDR INDEX SHS FDS 1.1%

Value ($000) $2,855 (+1.3%) Shares 64,288 (-2.4%) Est. Cost $33.22 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 0.3%

Value ($000) $787 (-4.0%) Shares 15,554 (-3.7%) Est. Cost $50.14 Unrealized —

FNDF SCHWAB STRATEGIC TR 1.5%

Value ($000) $4,107 (-0.8%) Shares 90,837 (-5.7%) Est. Cost $33.61 Unrealized —

BWZ SPDR SERIES TRUST 0.2%

Value ($000) $624 (-2.9%) Shares 22,757 (-1.4%) Est. Cost $26.73 Unrealized —

DINT DAVIS FUNDAMENTAL ETF TR 1.5%

Value ($000) $3,939 (-0.2%) Shares 138,196 (-2.0%) Est. Cost $19.79 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value ($000) $369 (-1.4%) Shares 589 (-3.8%) Est. Cost $423.37 Unrealized —

SPHQ INVESCO EXCHANGE TRADED FD T 0.3%

Value ($000) $714 (-0.7%) Shares 9,508 (-3.0%) Est. Cost $54.32 Unrealized —

SPSM SPDR SERIES TRUST 0.7%

Value ($000) $1,809 (-0.2%) Shares 38,610 (-1.4%) Est. Cost $43.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SERIES TRUST	102,388 (-8.1%)	$9,356 (-8.5%)	3.5%	$91.69	—	STATE STREET SPD	78468R663
MOAT	VANECK ETF TRUST	35,077 (-20.5%)	$3,633 (-16.9%)	1.4%	$87.39	—	MRNGSTR WDE MOAT	92189F643
DJUL	FIRST TR EXCHNG TRADED FD VI	7,481 (-66.9%)	$356 (-66.2%)	0.1%	$41.41	—	FT VEST US EQT	33740F698
DAUG	FIRST TR EXCHNG TRADED FD VI	7,846 (-66.7%)	$348 (-66.1%)	0.1%	$39.13	—	FT VEST U.S.	33740F854
FCTR	FIRST TR EXCHANGE-TRADED FD	288,980 (-5.3%)	$10,308 (-4.9%)	3.9%	$26.85	—	LUNT US FACTOR	33733E872
PTLC	PACER FDS TR	35,042 (-18.2%)	$1,948 (-17.0%)	0.7%	$45.25	—	TRENDP US LAR CP	69374H105
FLXR	TCW ETF TRUST	112,190 (-6.6%)	$4,443 (-7.1%)	1.7%	$39.45	—	FLEXIBLE INCOME	29287L700
ALTL	PACER FDS TR	212,552 (-4.5%)	$9,123 (-3.5%)	3.4%	$37.01	—	LUNT LRG CP ALTR	69374H717
BUFG	FIRST TR EXCHNG TRADED FD VI	87,690 (-13.6%)	$2,413 (-11.8%)	0.9%	$21.08	—	VEST BUFFERED	33740U778
PHDG	INVESCO ACTIVELY MANAGED EXC	50,411 (-14.0%)	$1,887 (-13.5%)	0.7%	$35.08	—	S&P500 DOWNSID	46090A705
FRDM	EA SERIES TRUST	59,134 (-4.5%)	$3,032 (+10.5%)	1.1%	$32.55	—	FREEDOM 100 EM	02072L607
KOMP	SPDR SERIES TRUST	38,618 (-6.7%)	$2,307 (-10.5%)	0.9%	$45.83	—	STATE STREET SPD	78468R648
IGEB	ISHARES TR	66,824 (-7.1%)	$3,051 (-7.9%)	1.1%	$44.52	—	INVESTMENT GRADE	46435G219
BOND	PIMCO ETF TR	50,830 (-4.4%)	$4,731 (-4.7%)	1.8%	$91.40	—	ACTIVE BD ETF	72201R775
SECT	NORTHERN LTS FD TR IV	37,245 (-8.8%)	$2,403 (-6.6%)	0.9%	$46.35	—	MAIN SECTR ROTN	66538H591
VBIL	VANGUARD INSTL INDEX FD	20,352 (-9.6%)	$1,535 (-9.8%)	0.6%	$75.62	—	0-3 MO TREAS BIL	922040845
SPAB	SPDR SERIES TRUST	220,516 (-2.4%)	$5,678 (-2.8%)	2.1%	$25.35	—	STATE STREET SPD	78464A649
LMBS	FIRST TR EXCHANGE-TRADED FD	128,456 (-2.7%)	$6,422 (-2.3%)	2.4%	$47.83	—	FST LOW OPPT EFT	33739Q200
TOTL	SSGA ACTIVE ETF TR	108,057 (-2.4%)	$4,349 (-3.2%)	1.6%	$40.11	—	STATE STREET DOU	78467V848
IXN	ISHARES TR	7,406 (-8.5%)	$778 (-6.9%)	0.3%	$63.89	—	GLOBAL TECH ETF	464287291
BUFT	FIRST TR EXCHNG TRADED FD VI	107,121 (-3.4%)	$2,636 (-1.6%)	1.0%	$20.66	—	VEST BUFFERED	33740U760
SPDW	SPDR INDEX SHS FDS	64,288 (-2.4%)	$2,855 (+1.3%)	1.1%	$33.22	—	PORTFOLIO DEVLPD	78463X889
JPST	J P MORGAN EXCHANGE TRADED F	15,554 (-3.7%)	$787 (-4.0%)	0.3%	$50.14	—	ULTRA SHRT ETF	46641Q837
FNDF	SCHWAB STRATEGIC TR	90,837 (-5.7%)	$4,107 (-0.8%)	1.5%	$33.61	—	FUNDAMENTAL INTL	808524755
BWZ	SPDR SERIES TRUST	22,757 (-1.4%)	$624 (-2.9%)	0.2%	$26.73	—	BLOOMBERG SHORT	78464A334
DINT	DAVIS FUNDAMENTAL ETF TR	138,196 (-2.0%)	$3,939 (-0.2%)	1.5%	$19.79	—	SELCT INTL ETF	23908L405
VOO	VANGUARD INDEX FDS	589 (-3.8%)	$369 (-1.4%)	0.1%	$423.37	—	S&P 500 ETF SHS	922908363
SPHQ	INVESCO EXCHANGE TRADED FD T	9,508 (-3.0%)	$714 (-0.7%)	0.3%	$54.32	—	S&P500 QUALITY	46137V241
SPSM	SPDR SERIES TRUST	38,610 (-1.4%)	$1,809 (-0.2%)	0.7%	$43.06	—	STATE STREET SPD	78468R853

Unchanged Positions (30)

DUSA DAVIS FUNDAMENTAL ETF TR 3.0%

Value ($000) $8,074 Shares 157,902 Est. Cost $38.11 Unrealized —

RCL ROYAL CARIBBEAN GROUP 0.8%

Value ($000) $2,039 Shares 7,310 Est. Cost $145.43 Unrealized +93.6%

SHLD GLOBAL X FDS 0.3%

Value ($000) $767 Shares 11,842 Est. Cost $70.24 Unrealized —

FTGC FIRST TR EXCHANGE TRAD FD VI 0.2%

Value ($000) $538 Shares 23,166 Est. Cost $23.57 Unrealized —

GDX VANECK ETF TRUST 0.2%

Value ($000) $551 Shares 6,420 Est. Cost $52.06 Unrealized —

DWLD DAVIS FUNDAMENTAL ETF TR 0.7%

Value ($000) $1,746 Shares 37,437 Est. Cost $29.32 Unrealized —

GSIE GOLDMAN SACHS ETF TR 0.4%

Value ($000) $1,082 Shares 25,198 Est. Cost $31.35 Unrealized —

FV FIRST TR EXCHANGE TRADED FD 0.9%

Value ($000) $2,494 Shares 39,640 Est. Cost $51.78 Unrealized —

AAPL APPLE INC 0.3%

Value ($000) $777 Shares 2,859 Est. Cost $175.38 Unrealized +53.0%

IWB ISHARES TR 0.7%

Value ($000) $1,939 Shares 5,193 Est. Cost $340.32 Unrealized —

VLUE ISHARES TR 0.2%

Value ($000) $464 Shares 3,396 Est. Cost $93.79 Unrealized —

META META PLATFORMS INC 0.1%

Value ($000) $330 Shares 500 Est. Cost $443.21 Unrealized +50.6%

EQAL INVESCO EXCH TRADED FD TR II 0.9%

Value ($000) $2,438 Shares 46,323 Est. Cost $47.71 Unrealized —

GUNR FLEXSHARES TR 0.3%

Value ($000) $718 Shares 15,655 Est. Cost $38.81 Unrealized —

IWM ISHARES TR 0.6%

Value ($000) $1,514 Shares 6,152 Est. Cost $211.26 Unrealized —

IMFL INVESCO EXCH TRD SLF IDX FD 0.1%

Value ($000) $330 Shares 11,066 Est. Cost $24.87 Unrealized —

ZION ZIONS BANCORPORATION N A 0.3%

Value ($000) $738 Shares 12,607 Est. Cost $27.74 Unrealized +96.3%

IWD ISHARES TR 0.2%

Value ($000) $630 Shares 2,994 Est. Cost $157.83 Unrealized —

AVDE AMERICAN CENTY ETF TR 0.1%

Value ($000) $322 Shares 3,910 Est. Cost $55.65 Unrealized —

SHEL SHELL PLC 0.1%

Value ($000) $375 Shares 5,099 Est. Cost $60.38 Unrealized —

TSLA TESLA INC 0.3%

Value ($000) $808 Shares 1,796 Est. Cost $346.84 Unrealized +27.8%

CLNN CLENE INC 0.1%

Value ($000) $307 Shares 52,260 Est. Cost $4.43 Unrealized +87.3%

HCAT HEALTH CATALYST INC 0.0%

Value ($000) $41 Shares 17,337 Est. Cost $11.91 Unrealized -77.0%

VGT VANGUARD WORLD FD 0.3%

Value ($000) $690 Shares 915 Est. Cost $442.16 Unrealized —

DJUN FIRST TR EXCHNG TRADED FD VI 0.1%

Value ($000) $347 Shares 7,330 Est. Cost $40.89 Unrealized —

SNFCA SECURITY NATL FINL CORP 0.1%

Value ($000) $162 Shares 17,972 Est. Cost $7.00 Unrealized +20.9%

USFR WISDOMTREE TR 16.8%

Value ($000) $44,929 Shares 892,868 Est. Cost $50.32 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 0.1%

Value ($000) $153 Shares 11,517 Est. Cost $12.99 Unrealized —

TRND PACER FDS TR 0.1%

Value ($000) $242 Shares 7,188 Est. Cost $29.13 Unrealized —

FTSM FIRST TR EXCHANGE-TRADED FD 0.2%

Value ($000) $408 Shares 6,803 Est. Cost $59.41 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DUSA	DAVIS FUNDAMENTAL ETF TR	157,902	$8,074	3.0%	$38.11	—	SELECT US EQTY	23908L207
RCL	ROYAL CARIBBEAN GROUP	7,310	$2,039	0.8%	$145.43	+93.6%	COM	V7780T103
SHLD	GLOBAL X FDS	11,842	$767	0.3%	$70.24	—	DEFENSE TECH ETF	37960A529
FTGC	FIRST TR EXCHANGE TRAD FD VI	23,166	$538	0.2%	$23.57	—	FST TR GLB FD	33739H101
GDX	VANECK ETF TRUST	6,420	$551	0.2%	$52.06	—	GOLD MINERS ETF	92189F106
DWLD	DAVIS FUNDAMENTAL ETF TR	37,437	$1,746	0.7%	$29.32	—	SELECT WRLD WI	23908L306
GSIE	GOLDMAN SACHS ETF TR	25,198	$1,082	0.4%	$31.35	—	ACTIVEBETA INT	381430107
FV	FIRST TR EXCHANGE TRADED FD	39,640	$2,494	0.9%	$51.78	—	DORSEY WRT 5 ETF	33738R605
AAPL	APPLE INC	2,859	$777	0.3%	$175.38	+53.0%	COM	037833100
IWB	ISHARES TR	5,193	$1,939	0.7%	$340.32	—	RUS 1000 ETF	464287622
VLUE	ISHARES TR	3,396	$464	0.2%	$93.79	—	MSCI USA VALUE	46432F388
META	META PLATFORMS INC	500	$330	0.1%	$443.21	+50.6%	CL A	30303M102
EQAL	INVESCO EXCH TRADED FD TR II	46,323	$2,438	0.9%	$47.71	—	RUSEL 1000 EQL	46138E420
GUNR	FLEXSHARES TR	15,655	$718	0.3%	$38.81	—	MORNSTAR UPSTR	33939L407
IWM	ISHARES TR	6,152	$1,514	0.6%	$211.26	—	RUSSELL 2000 ETF	464287655
IMFL	INVESCO EXCH TRD SLF IDX FD	11,066	$330	0.1%	$24.87	—	INTL DEV DYNAMIC	46138J437
ZION	ZIONS BANCORPORATION N A	12,607	$738	0.3%	$27.74	+96.3%	COM	989701107
IWD	ISHARES TR	2,994	$630	0.2%	$157.83	—	RUS 1000 VAL ETF	464287598
AVDE	AMERICAN CENTY ETF TR	3,910	$322	0.1%	$55.65	—	INTL EQT ETF	025072703
SHEL	SHELL PLC	5,099	$375	0.1%	$60.38	—	SPON ADS	780259305
TSLA	TESLA INC	1,796	$808	0.3%	$346.84	+27.8%	COM	88160R101
CLNN	CLENE INC	52,260	$307	0.1%	$4.43	+87.3%	COM NEW	185634201
HCAT	HEALTH CATALYST INC	17,337	$41	0.0%	$11.91	-77.0%	COM	42225T107
VGT	VANGUARD WORLD FD	915	$690	0.3%	$442.16	—	INF TECH ETF	92204A702
DJUN	FIRST TR EXCHNG TRADED FD VI	7,330	$347	0.1%	$40.89	—	FT VEST US EQT	33740F714
SNFCA	SECURITY NATL FINL CORP	17,972	$162	0.1%	$7.00	+20.9%	CL A NEW	814785309
USFR	WISDOMTREE TR	892,868	$44,929	16.8%	$50.32	—	FLOATNG RAT TREA	97717Y527
PDBC	INVESCO ACTVELY MNGD ETC FD	11,517	$153	0.1%	$12.99	—	OPTIMUM YIELD	46090F100
TRND	PACER FDS TR	7,188	$242	0.1%	$29.13	—	TRENDPILOT FD	69374H675
FTSM	FIRST TR EXCHANGE-TRADED FD	6,803	$408	0.2%	$59.41	—	FIRST TR ENH NEW	33739Q408