ETF SER SOLUTIONS

Ticker: PFLD CUSIP: 26922A198 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (5)

Integrated Wealth Concepts LLC
Value ($000) $836 Shares 42,715
&PARTNERS
Value ($000) $538 Shares 27,488
FLPUTNAM INVESTMENT MANAGEMENT CO
Value ($000) $250 Shares 12,782
LRI Investments, LLC
Value ($000) $4 Shares 223
BESSEMER GROUP INC
Value ($000) $0 Shares 600

Increased Positions (18)

L2 Asset Management, LLC
Value ($000) $5,811 (+17.8%) Shares 296,996 (+19.1%)
Concorde Asset Management, LLC
Value ($000) $337 (+20.5%) Shares 17,250 (+21.5%)
JANE STREET GROUP, LLC
Value ($000) $7,578 (+430.0%) Shares 387,330 (+433.7%)
Alpine Bank Wealth Management
Value ($000) $814 (+5.5%) Shares 41,599 (+6.3%)
ROYAL BANK OF CANADA
Value ($000) $9,657 (+26.4%) Shares 493,604 (+27.3%)
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
Value ($000) $7,259 (+4.3%) Shares 369,417 (+4.8%)
CAPTRUST FINANCIAL ADVISORS
Value ($000) $3,296 (+3.5%) Shares 168,446 (+4.2%)
Hilltop Holdings Inc.
Value ($000) $236 (+11.6%) Shares 12,062 (+12.4%)
Private Advisor Group, LLC
Value ($000) $284 (+11.6%) Shares 14,527 (+12.4%)
Rockefeller Capital Management L.P.
Value ($000) $84 (+63.0%) Shares 4,268 (+64.2%)
WEBSTER BANK, N. A.
Value ($000) $27 (+84.3%) Shares 1,364 (+85.6%)
CULLEN/FROST BANKERS, INC.
Value ($000) $366 (+5.9%) Shares 18,729 (+6.6%)
PRIVATE TRUST CO NA
Value ($000) $256 (+3.3%) Shares 13,075 (+4.0%)
COMERICA BANK
Value ($000) $317 (+6.2%) Shares 16,211 (+6.9%)
UBS Group AG
Value ($000) $205 (+5.1%) Shares 10,472 (+5.8%)
CITADEL ADVISORS LLC
Value ($000) $796 (+0.6%) Shares 40,696 (+1.3%)
AE Wealth Management LLC
Value ($000) $46 (+26.4%) Shares 2,350 (+27.3%)
Farther Finance Advisors, LLC
Value ($000) $24 (+11.3%) Shares 1,245 (+12.1%)

Decreased Positions (28)

RAINEY & RANDALL INVESTMENT MANAGEMENT INC.
Value ($000) $11,284 (-13.3%) Shares 573,661 (-12.7%)
Coppell Advisory Solutions LLC
Value ($000) $409 (-61.9%) Shares 20,779 (-61.8%)
Bleakley Financial Group, LLC
Value ($000) $895 (-63.8%) Shares 45,750 (-63.5%)
National Wealth Management Group, LLC
Value ($000) $441 (-17.1%) Shares 22,565 (-16.5%)
Oregon Pacific Wealth Management, LLC
Value ($000) $356 (-7.2%) Shares 18,213 (-6.5%)
Sound Income Strategies, LLC
Value ($000) $4,572 (-3.9%) Shares 231,677 (-4.2%)
OSAIC HOLDINGS, INC.
Value ($000) $6,662 (-28.5%) Shares 340,392 (-28.5%)
MORGAN STANLEY
Value ($000) $84,262 (-16.4%) Shares 4,306,796 (-15.8%)
LPL Financial LLC
Value ($000) $14,499 (-23.0%) Shares 741,076 (-22.4%)
WELLS FARGO & COMPANY/MN
Value ($000) $47,180 (-6.7%) Shares 2,411,438 (-6.1%)
Cetera Investment Advisers
Value ($000) $3,682 (-26.9%) Shares 188,194 (-26.4%)
Kestra Advisory Services, LLC
Value ($000) $962 (-34.8%) Shares 49,146 (-34.4%)
KESTRA PRIVATE WEALTH SERVICES, LLC
Value ($000) $714 (-23.9%) Shares 36,483 (-23.3%)
RAYMOND JAMES FINANCIAL INC
Value ($000) $9,763 (-7.2%) Shares 498,997 (-6.6%)
Ameritas Advisory Services, LLC
Value ($000) $416 (-14.2%) Shares 21,278 (-13.6%)
STIFEL FINANCIAL CORP
Value ($000) $1,571 (-19.7%) Shares 80,302 (-19.2%)
COMMONWEALTH EQUITY SERVICES, LLC
Value ($000) $1,874 (+80503.9%) Shares 95,785 (-18.8%)
J.W. COLE ADVISORS, INC.
Value ($000) $289 (-22.2%) Shares 14,783 (-21.6%)
Global Financial Private Client, LLC
Value ($000) $416 (-2.3%) Shares 21,287 (-1.6%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $1,150 (-9.0%) Shares 58,764 (-8.4%)

Exited Positions (9)

Fidelis Capital Partners, LLC
Value ($000) $998 Shares 50,650
Apollon Wealth Management, LLC
Value ($000) $534 Shares 27,131
Advisory Services Network, LLC
Value ($000) $130 Shares 6,622
BANK OF AMERICA CORP /DE/
Value ($000) $361 Shares 18,347
PRINCIPAL SECURITIES, INC.
Value ($000) $83 Shares 4,204
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $205 Shares 10,405
CSM Advisors, LLC
Value ($000) $0 Shares 12,000
J.Safra Asset Management Corp
Value ($000) $5 Shares 240
CWM, LLC
Value ($000) $0 Shares 50