Financial Services Advisory Inc Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VHT	VANGUARD WORLD FD	6,036	$1,737	0.6%	$287.85	—	HEALTH CAR ETF	92204A504
DJP	BARCLAYS BANK PLC	35,272	$1,327	0.5%	$37.61	—	DJUBS CMDT ETN36	06738C778
PVAL	PUTNAM ETF TRUST	18,964	$864	0.3%	$45.57	—	FOCUSED LAR CAP	746729300
XBI	SPDR SERIES TRUST	6,984	$852	0.3%	$121.93	—	STATE STREET SPD	78464A870
IEZ	ISHARES TR	39,378	$822	0.3%	$20.87	—	US OIL EQ&SV ETF	464288844
GVAL	CAMBRIA ETF TR	22,153	$697	0.3%	$31.47	—	GLOBAL VALUE ETF	132061409
COWZ	PACER FDS TR	11,425	$687	0.2%	$60.17	—	US CASH COWS 100	69374H881
IEMG	ISHARES INC	4,686	$315	0.1%	$67.22	—	CORE MSCI EMKT	46434G103
XOM	EXXON MOBIL CORP	1,821	$219	0.1%	$115.49	0.0%	COM	30231G102
RWR	SPDR SERIES TRUST	2,078	$204	0.1%	$98.23	—	STATE STREET SPD	78464A607
POWA	INVESCO EXCH TRD SLF IDX FD	1,302	$117	0.0%	$89.94	—	BLOOMBERG PRICIN	46138J775

Increased Positions (24)

ACWX ISHARES TR 10.0%

Value ($000) $27,827 (+75.9%) Shares 414,524 (+70.3%) Est. Cost $63.32 Unrealized —

SPY SPDR S&P 500 ETF TR 10.7%

Value ($000) $29,836 (+11.9%) Shares 43,753 (+9.3%) Est. Cost $513.08 Unrealized —

EEM ISHARES TR 1.4%

Value ($000) $3,998 (+151.1%) Shares 73,076 (+145.1%) Est. Cost $50.69 Unrealized —

IWM ISHARES TR 3.0%

Value ($000) $8,244 (+33.5%) Shares 33,490 (+31.2%) Est. Cost $235.48 Unrealized —

AGG ISHARES TR 1.5%

Value ($000) $4,310 (+74.1%) Shares 43,155 (+74.7%) Est. Cost $99.82 Unrealized —

EFA ISHARES TR 1.4%

Value ($000) $3,835 (+49.2%) Shares 39,940 (+45.0%) Est. Cost $84.89 Unrealized —

IBND SPDR SERIES TRUST 0.8%

Value ($000) $2,327 (+107.4%) Shares 72,473 (+108.6%) Est. Cost $32.24 Unrealized —

HGER HARBOR ETF TRUST 0.8%

Value ($000) $2,228 (+116.6%) Shares 89,751 (+125.1%) Est. Cost $25.26 Unrealized —

ESML ISHARES TR 0.7%

Value ($000) $2,065 (+98.9%) Shares 44,916 (+95.0%) Est. Cost $45.52 Unrealized —

DYNF BLACKROCK ETF TRUST 0.7%

Value ($000) $2,069 (+76.6%) Shares 34,030 (+71.9%) Est. Cost $59.87 Unrealized —

VNQ VANGUARD INDEX FDS 0.9%

Value ($000) $2,370 (+56.0%) Shares 26,783 (+61.2%) Est. Cost $88.42 Unrealized —

DSI ISHARES TR 0.7%

Value ($000) $2,072 (+67.8%) Shares 16,084 (+64.1%) Est. Cost $125.33 Unrealized —

FEZ SPDR INDEX SHS FDS 0.5%

Value ($000) $1,329 (+100.0%) Shares 20,638 (+92.9%) Est. Cost $61.97 Unrealized —

GLD SPDR GOLD TR 0.6%

Value ($000) $1,613 (+45.2%) Shares 4,069 (+30.2%) Est. Cost $294.25 Unrealized —

APUE TRUST FOR PROFESSIONAL MANAG 0.2%

Value ($000) $438 (+82.2%) Shares 10,523 (+78.3%) Est. Cost $41.17 Unrealized —

IVE ISHARES TR 0.1%

Value ($000) $395 (+66.5%) Shares 1,861 (+62.1%) Est. Cost $208.64 Unrealized —

AAPL APPLE INC 0.3%

Value ($000) $714 (+26.6%) Shares 2,625 (+18.6%) Est. Cost $235.52 Unrealized +13.9%

IEI ISHARES TR 0.2%

Value ($000) $605 (+10.4%) Shares 5,073 (+10.6%) Est. Cost $119.11 Unrealized —

IVW ISHARES TR 0.1%

Value ($000) $305 (+22.1%) Shares 2,471 (+19.6%) Est. Cost $121.14 Unrealized —

EFV ISHARES TR 0.1%

Value ($000) $246 (+17.9%) Shares 3,448 (+11.9%) Est. Cost $68.21 Unrealized —

XLK SELECT SECTOR SPDR TR 3.6%

Value ($000) $9,938 (+0.3%) Shares 69,030 (+96.4%) Est. Cost $202.62 Unrealized —

SSO PROSHARES TR 0.5%

Value ($000) $1,483 (+0.9%) Shares 25,606 (+95.4%) Est. Cost $78.29 Unrealized —

JOBY JOBY AVIATION INC 0.1%

Value ($000) $151 (-6.3%) Shares 11,460 (+14.6%) Est. Cost $15.21 Unrealized +0.9%

LQD ISHARES TR 4.8%

Value ($000) $13,388 (+0.1%) Shares 121,495 (+1.2%) Est. Cost $108.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACWX	ISHARES TR	414,524 (+70.3%)	$27,827 (+75.9%)	10.0%	$63.32	—	MSCI ACWI EX US	464288240
SPY	SPDR S&P 500 ETF TR	43,753 (+9.3%)	$29,836 (+11.9%)	10.7%	$513.08	—	TR UNIT	78462F103
EEM	ISHARES TR	73,076 (+145.1%)	$3,998 (+151.1%)	1.4%	$50.69	—	MSCI EMG MKT ETF	464287234
IWM	ISHARES TR	33,490 (+31.2%)	$8,244 (+33.5%)	3.0%	$235.48	—	RUSSELL 2000 ETF	464287655
AGG	ISHARES TR	43,155 (+74.7%)	$4,310 (+74.1%)	1.5%	$99.82	—	CORE US AGGBD ET	464287226
EFA	ISHARES TR	39,940 (+45.0%)	$3,835 (+49.2%)	1.4%	$84.89	—	MSCI EAFE ETF	464287465
IBND	SPDR SERIES TRUST	72,473 (+108.6%)	$2,327 (+107.4%)	0.8%	$32.24	—	BLOOMBERG INTL	78464A151
HGER	HARBOR ETF TRUST	89,751 (+125.1%)	$2,228 (+116.6%)	0.8%	$25.26	—	HARBOR COMMODITY	41151J505
ESML	ISHARES TR	44,916 (+95.0%)	$2,065 (+98.9%)	0.7%	$45.52	—	ESG AWARE MSCI	46435U663
DYNF	BLACKROCK ETF TRUST	34,030 (+71.9%)	$2,069 (+76.6%)	0.7%	$59.87	—	ISHARES US EQUIT	09290C103
VNQ	VANGUARD INDEX FDS	26,783 (+61.2%)	$2,370 (+56.0%)	0.9%	$88.42	—	REAL ESTATE ETF	922908553
DSI	ISHARES TR	16,084 (+64.1%)	$2,072 (+67.8%)	0.7%	$125.33	—	ESG MSCI KLD 400	464288570
FEZ	SPDR INDEX SHS FDS	20,638 (+92.9%)	$1,329 (+100.0%)	0.5%	$61.97	—	EURO STOXX 50	78463X202
GLD	SPDR GOLD TR	4,069 (+30.2%)	$1,613 (+45.2%)	0.6%	$294.25	—	GOLD SHS	78463V107
APUE	TRUST FOR PROFESSIONAL MANAG	10,523 (+78.3%)	$438 (+82.2%)	0.2%	$41.17	—	ACTIVEPASSIVE US	89834G729
IVE	ISHARES TR	1,861 (+62.1%)	$395 (+66.5%)	0.1%	$208.64	—	S&P 500 VAL ETF	464287408
AAPL	APPLE INC	2,625 (+18.6%)	$714 (+26.6%)	0.3%	$235.52	+13.9%	COM	037833100
IEI	ISHARES TR	5,073 (+10.6%)	$605 (+10.4%)	0.2%	$119.11	—	3 7 YR TREAS BD	464288661
IVW	ISHARES TR	2,471 (+19.6%)	$305 (+22.1%)	0.1%	$121.14	—	S&P 500 GRWT ETF	464287309
EFV	ISHARES TR	3,448 (+11.9%)	$246 (+17.9%)	0.1%	$68.21	—	EAFE VALUE ETF	464288877
XLK	SELECT SECTOR SPDR TR	69,030 (+96.4%)	$9,938 (+0.3%)	3.6%	$202.62	—	STATE STREET TEC	81369Y803
SSO	PROSHARES TR	25,606 (+95.4%)	$1,483 (+0.9%)	0.5%	$78.29	—	PSHS ULT S&P 500	74347R107
JOBY	JOBY AVIATION INC	11,460 (+14.6%)	$151 (-6.3%)	0.1%	$15.21	+0.9%	COMMON STOCK	G65163100
LQD	ISHARES TR	121,495 (+1.2%)	$13,388 (+0.1%)	4.8%	$108.75	—	IBOXX INV CP ETF	464287242

Exited Positions (13)

XLC SELECT SECTOR SPDR TR 1.3%

Value ($000) $3,582 Shares 30,258 Est. Cost $85.32 Unrealized —

VTV VANGUARD INDEX FDS 0.6%

Value ($000) $1,805 Shares 9,678 Est. Cost $176.74 Unrealized —

RSPN INVESCO EXCHANGE TRADED FD T 0.6%

Value ($000) $1,678 Shares 29,916 Est. Cost $53.53 Unrealized —

IYW ISHARES TR 0.3%

Value ($000) $916 Shares 4,675 Est. Cost $173.27 Unrealized —

XLF SELECT SECTOR SPDR TR 0.3%

Value ($000) $868 Shares 16,112 Est. Cost $52.37 Unrealized —

XRT SPDR SERIES TRUST 0.3%

Value ($000) $843 Shares 9,787 Est. Cost $86.18 Unrealized —

FDN FIRST TR EXCHANGE-TRADED FD 0.3%

Value ($000) $841 Shares 3,004 Est. Cost $243.17 Unrealized —

KBE SPDR SERIES TRUST 0.3%

Value ($000) $815 Shares 13,712 Est. Cost $59.42 Unrealized —

NLR VANECK ETF TRUST 0.3%

Value ($000) $717 Shares 5,287 Est. Cost $135.65 Unrealized —

PWRD TCW ETF TRUST 0.2%

Value ($000) $675 Shares 6,906 Est. Cost $97.69 Unrealized —

SPMO INVESCO EXCH TRADED FD TR II 0.2%

Value ($000) $651 Shares 5,379 Est. Cost $121.06 Unrealized —

QUAL ISHARES TR 0.1%

Value ($000) $249 Shares 1,281 Est. Cost $194.50 Unrealized —

JQUA J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $234 Shares 3,722 Est. Cost $51.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XLC	SELECT SECTOR SPDR TR	30,258	$3,582	1.3%	$85.32	—	—	81369Y852
VTV	VANGUARD INDEX FDS	9,678	$1,805	0.6%	$176.74	—	—	922908744
RSPN	INVESCO EXCHANGE TRADED FD T	29,916	$1,678	0.6%	$53.53	—	—	46137V324
IYW	ISHARES TR	4,675	$916	0.3%	$173.27	—	—	464287721
XLF	SELECT SECTOR SPDR TR	16,112	$868	0.3%	$52.37	—	—	81369Y605
XRT	SPDR SERIES TRUST	9,787	$843	0.3%	$86.18	—	—	78464A714
FDN	FIRST TR EXCHANGE-TRADED FD	3,004	$841	0.3%	$243.17	—	—	33733E302
KBE	SPDR SERIES TRUST	13,712	$815	0.3%	$59.42	—	—	78464A797
NLR	VANECK ETF TRUST	5,287	$717	0.3%	$135.65	—	—	92189F601
PWRD	TCW ETF TRUST	6,906	$675	0.2%	$97.69	—	—	29287L205
SPMO	INVESCO EXCH TRADED FD TR II	5,379	$651	0.2%	$121.06	—	—	46138E339
QUAL	ISHARES TR	1,281	$249	0.1%	$194.50	—	—	46432F339
JQUA	J P MORGAN EXCHANGE TRADED F	3,722	$234	0.1%	$51.97	—	—	46641Q761

Decreased Positions (19)

IWF ISHARES TR 4.1%

Value ($000) $11,340 (-33.3%) Shares 23,960 (-34.0%) Est. Cost $468.41 Unrealized —

VOO VANGUARD INDEX FDS 1.2%

Value ($000) $3,216 (-22.4%) Shares 5,128 (-24.3%) Est. Cost $497.20 Unrealized —

MGC VANGUARD WORLD FD 8.1%

Value ($000) $22,463 (+1.4%) Shares 89,433 (-1.4%) Est. Cost $178.89 Unrealized —

SPHQ INVESCO EXCHANGE TRADED FD T 1.3%

Value ($000) $3,733 (-6.5%) Shares 49,743 (-8.7%) Est. Cost $68.89 Unrealized —

CGDV CAPITAL GROUP DIVIDEND VALUE 9.2%

Value ($000) $25,624 (-1.0%) Shares 587,158 (-4.6%) Est. Cost $36.99 Unrealized —

FDVV FIDELITY COVINGTON TRUST 1.4%

Value ($000) $3,807 (-3.7%) Shares 67,152 (-5.4%) Est. Cost $51.31 Unrealized —

OEF ISHARES TR 3.5%

Value ($000) $9,820 (+1.0%) Shares 28,632 (-2.0%) Est. Cost $207.62 Unrealized —

ICLN ISHARES TR 0.7%

Value ($000) $2,024 (+3.8%) Shares 123,174 (-2.2%) Est. Cost $13.11 Unrealized —

XTL SPDR SERIES TRUST 0.3%

Value ($000) $850 (-7.4%) Shares 5,545 (-15.4%) Est. Cost $139.92 Unrealized —

REGL PROSHARES TR 0.7%

Value ($000) $2,041 (-3.0%) Shares 24,237 (-1.8%) Est. Cost $85.34 Unrealized —

ESGU ISHARES TR 0.1%

Value ($000) $294 (-17.3%) Shares 1,976 (-19.1%) Est. Cost $135.30 Unrealized —

SIVR ABRDN SILVER ETF TRUST 0.1%

Value ($000) $253 (+25.8%) Shares 3,735 (-17.3%) Est. Cost $44.48 Unrealized —

VTWO VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $284 (-15.1%) Shares 2,856 (-16.6%) Est. Cost $88.42 Unrealized —

PTNQ PACER FDS TR 0.6%

Value ($000) $1,684 (-2.9%) Shares 21,411 (-4.3%) Est. Cost $51.31 Unrealized —

SMH VANECK ETF TRUST 0.3%

Value ($000) $955 (+3.8%) Shares 2,651 (-5.9%) Est. Cost $326.36 Unrealized —

SUSA ISHARES TR 0.7%

Value ($000) $1,842 (+1.6%) Shares 13,219 (-1.1%) Est. Cost $107.21 Unrealized —

HYG ISHARES TR 0.1%

Value ($000) $206 (-7.5%) Shares 2,554 (-6.9%) Est. Cost $73.86 Unrealized —

SCHG SCHWAB STRATEGIC TR 1.5%

Value ($000) $4,279 (+0.1%) Shares 131,170 (-2.1%) Est. Cost $43.34 Unrealized —

GRID FIRST TR EXCHANGE TRADED FD 0.2%

Value ($000) $668 (-0.3%) Shares 4,367 (-1.5%) Est. Cost $139.02 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWF	ISHARES TR	23,960 (-34.0%)	$11,340 (-33.3%)	4.1%	$468.41	—	RUS 1000 GRW ETF	464287614
VOO	VANGUARD INDEX FDS	5,128 (-24.3%)	$3,216 (-22.4%)	1.2%	$497.20	—	S&P 500 ETF SHS	922908363
MGC	VANGUARD WORLD FD	89,433 (-1.4%)	$22,463 (+1.4%)	8.1%	$178.89	—	MEGA CAP INDEX	921910873
SPHQ	INVESCO EXCHANGE TRADED FD T	49,743 (-8.7%)	$3,733 (-6.5%)	1.3%	$68.89	—	S&P500 QUALITY	46137V241
CGDV	CAPITAL GROUP DIVIDEND VALUE	587,158 (-4.6%)	$25,624 (-1.0%)	9.2%	$36.99	—	SHS CREATION UNI	14020W106
FDVV	FIDELITY COVINGTON TRUST	67,152 (-5.4%)	$3,807 (-3.7%)	1.4%	$51.31	—	HIGH DIVID ETF	316092840
OEF	ISHARES TR	28,632 (-2.0%)	$9,820 (+1.0%)	3.5%	$207.62	—	S&P 100 ETF	464287101
ICLN	ISHARES TR	123,174 (-2.2%)	$2,024 (+3.8%)	0.7%	$13.11	—	GL CLEAN ENE ETF	464288224
XTL	SPDR SERIES TRUST	5,545 (-15.4%)	$850 (-7.4%)	0.3%	$139.92	—	STATE STREET SPD	78464A540
REGL	PROSHARES TR	24,237 (-1.8%)	$2,041 (-3.0%)	0.7%	$85.34	—	S&P MDCP 400 DIV	74347B680
ESGU	ISHARES TR	1,976 (-19.1%)	$294 (-17.3%)	0.1%	$135.30	—	ESG AWR MSCI USA	46435G425
SIVR	ABRDN SILVER ETF TRUST	3,735 (-17.3%)	$253 (+25.8%)	0.1%	$44.48	—	PHYSCL SILVR SHS	003264108
VTWO	VANGUARD SCOTTSDALE FDS	2,856 (-16.6%)	$284 (-15.1%)	0.1%	$88.42	—	VNG RUS2000IDX	92206C664
PTNQ	PACER FDS TR	21,411 (-4.3%)	$1,684 (-2.9%)	0.6%	$51.31	—	TRENDPILOT 100	69374H303
SMH	VANECK ETF TRUST	2,651 (-5.9%)	$955 (+3.8%)	0.3%	$326.36	—	SEMICONDUCTR ETF	92189F676
SUSA	ISHARES TR	13,219 (-1.1%)	$1,842 (+1.6%)	0.7%	$107.21	—	ESG OPTIMIZED	464288802
HYG	ISHARES TR	2,554 (-6.9%)	$206 (-7.5%)	0.1%	$73.86	—	IBOXX HI YD ETF	464288513
SCHG	SCHWAB STRATEGIC TR	131,170 (-2.1%)	$4,279 (+0.1%)	1.5%	$43.34	—	US LCAP GR ETF	808524300
GRID	FIRST TR EXCHANGE TRADED FD	4,367 (-1.5%)	$668 (-0.3%)	0.2%	$139.02	—	NASDQ CLN EDGE	33737A108

Unchanged Positions (10)

IVV ISHARES TR 9.7%

Value ($000) $26,898 Shares 39,271 Est. Cost $610.03 Unrealized —

AAL AMERICAN AIRLS GROUP INC 0.6%

Value ($000) $1,697 Shares 110,680 Est. Cost $31.69 Unrealized -57.4%

OUSM ALPS ETF TR 2.6%

Value ($000) $7,237 Shares 165,463 Est. Cost $44.80 Unrealized —

MU MICRON TECHNOLOGY INC 0.2%

Value ($000) $459 Shares 1,608 Est. Cost $127.82 Unrealized +79.4%

UITB VICTORY PORTFOLIOS II 2.1%

Value ($000) $5,861 Shares 123,772 Est. Cost $47.83 Unrealized —

IWB ISHARES TR 1.4%

Value ($000) $3,975 Shares 10,643 Est. Cost $264.77 Unrealized —

FIVE FIVE BELOW INC 0.1%

Value ($000) $247 Shares 1,310 Est. Cost $141.49 Unrealized +14.9%

FSMD FIDELITY COVINGTON TRUST 2.0%

Value ($000) $5,579 Shares 126,415 Est. Cost $44.01 Unrealized —

PPI INVESTMENT MANAGERS SER TR I 0.3%

Value ($000) $904 Shares 48,529 Est. Cost $18.33 Unrealized —

USFR WISDOMTREE TR 0.1%

Value ($000) $397 Shares 7,895 Est. Cost $50.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	39,271	$26,898	9.7%	$610.03	—	CORE S&P500 ETF	464287200
AAL	AMERICAN AIRLS GROUP INC	110,680	$1,697	0.6%	$31.69	-57.4%	COM	02376R102
OUSM	ALPS ETF TR	165,463	$7,237	2.6%	$44.80	—	OSHARES US SMLCP	00162Q395
MU	MICRON TECHNOLOGY INC	1,608	$459	0.2%	$127.82	+79.4%	COM	595112103
UITB	VICTORY PORTFOLIOS II	123,772	$5,861	2.1%	$47.83	—	CORE INTERMEDIAT	92647N527
IWB	ISHARES TR	10,643	$3,975	1.4%	$264.77	—	RUS 1000 ETF	464287622
FIVE	FIVE BELOW INC	1,310	$247	0.1%	$141.49	+14.9%	COM	33829M101
FSMD	FIDELITY COVINGTON TRUST	126,415	$5,579	2.0%	$44.01	—	SML MID MLTFCT	316092527
PPI	INVESTMENT MANAGERS SER TR I	48,529	$904	0.3%	$18.33	—	ASTORIA REAL	46141T117
USFR	WISDOMTREE TR	7,895	$397	0.1%	$50.33	—	FLOATNG RAT TREA	97717Y527