FIRST TR EXCH TRD ALPHDX FD

Ticker: FEM CUSIP: 33737J182 Class: EMERG MKT ALPH

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

InstitutionSharesValue ($000)
MORGAN STANLEY2,390,271$65,374
LPL Financial LLC1,375,536$37,621
WELLS FARGO & COMPANY/MN1,179,292$32,254
BANK OF AMERICA CORP /DE/1,047,541$28,650
ROYAL BANK OF CANADA985,230$26,946
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management605,433$16,559
UBS Group AG602,469$16,478
ENVESTNET ASSET MANAGEMENT INC570,220$15,596
RAYMOND JAMES FINANCIAL INC444,195$12,149
Cambridge Investment Research Advisors, Inc.439,321$12
Sanctuary Advisors, LLC413,733$11,316
STATE OF WISCONSIN INVESTMENT BOARD313,808$8,583
Cetera Investment Advisers292,020$7,987
Private Advisor Group, LLC277,185$7,581
ASSETMARK, INC227,389$6,219
Bank of New York Mellon Corp218,999$5,990
Atria Investments, Inc99,648$2,725
Kingsview Wealth Management, LLC99,366$2,718
BENJAMIN EDWARDS INC85,543$2,340
Prospera Financial Services Inc74,874$2,048
OSAIC HOLDINGS, INC.69,432$1,899
PRINCIPAL SECURITIES, INC.68,504$1,874
Midwest Financial Group LLC68,428$1,871
Janney Montgomery Scott LLC63,470$2
AE Wealth Management LLC56,443$1,544
Gateway Wealth Partners, LLC52,904$1,447
Rathbones Group PLC46,079$1,260
STIFEL FINANCIAL CORP43,858$1,200
VestGen Advisors, LLC43,738$1,196
Steward Partners Investment Advisory, LLC41,950$1,147
COMMONWEALTH EQUITY SERVICES, LLC41,137$1,125
Kestra Advisory Services, LLC40,804$1,116
IFP Advisors, Inc39,719$1,086
PARK AVENUE SECURITIES LLC39,477$1
Chicago Partners Investment Group LLC39,068$1,161
OneAscent Financial Services LLC38,665$1,057
Snowden Capital Advisors LLC38,552$1,054
Brinker Capital Investments, LLC37,832$1,035
Coppell Advisory Solutions LLC37,539$1,033
Farther Finance Advisors, LLC35,044$958
D.A. DAVIDSON & CO.32,937$901
CWM, LLC31,792$1
Aprio Wealth Management, LLC31,079$850
FIRST TRUST ADVISORS LP28,280$773
Crusonia Wealth Advisors LLC28,041$767
JONES FINANCIAL COMPANIES LLLP26,558$726
Quantinno Capital Management LP26,122$714
MML INVESTORS SERVICES, LLC25,840$707
HighTower Advisors, LLC25,547$699
IAMS WEALTH MANAGEMENT, LLC24,707$676
SUSQUEHANNA INTERNATIONAL GROUP, LLP23,748$650
HBW ADVISORY SERVICES LLC22,896$626
Integrated Wealth Concepts LLC22,507$616
GOLDMAN SACHS GROUP INC22,470$615
NewEdge Wealth, LLC21,854$598
Richmond Investment Services, LLC21,584$590
Formidable Asset Management, LLC19,363$525
COMERICA BANK15,094$413
Pacific Excel Wealth Advisors, Inc.14,892$407
Higgins & Schmidt Wealth Strategies LLC14,375$393
Trueblood Wealth Management, LLC13,868$379
Pine Valley Investments Ltd Liability Co13,763$376
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC13,647$373
HARBOUR INVESTMENTS, INC.13,565$371
LaSalle St. Investment Advisors, LLC12,626$0
RFG Advisory, LLC11,418$312
Equitable Holdings, Inc.10,790$295
Envestnet Portfolio Solutions, Inc.10,675$292
Rockefeller Capital Management L.P.10,318$282
FSB PREMIER WEALTH MANAGEMENT, INC.10,204$279
MGO ONE SEVEN LLC9,937$272
Pinnacle Family Advisors, LLC9,929$272
Mariner, LLC9,695$265
ABLE Financial Group, LLC9,286$254
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO9,149$250
MEITAV INVESTMENT HOUSE LTD8,893$243
Element Wealth, LLC8,871$243
Balboa Wealth Partners8,389$229
Van Diest Capital, LLC8,284$227
StoneX Group Inc.7,847$215
Arkadios Wealth Advisors7,614$208
Savvy Advisors, Inc.7,562$207
Western Wealth Management, LLC7,538$206
MPWM ADVISORY SOLUTIONS, LLC5,299$145
TUCKER ASSET MANAGEMENT LLC4,054$111
MidFirst Bank2,310$63
Rossby Financial, LCC2,284$62
GAMMA Investing LLC2,242$61
Geneos Wealth Management Inc.1,930$53
Evelyn Partners Investment Management LLP1,800$49
Spire Wealth Management1,738$48
Sound Income Strategies, LLC1,563$45
CITY HOLDING CO1,450$40
Global Retirement Partners, LLC1,412$39
Smartleaf Asset Management LLC939$26
JPMORGAN CHASE & CO765$21
Tidemark, LLC694$19
TRUST CO OF TOLEDO NA /OH/683$19
CULLEN/FROST BANKERS, INC.662$18
NBC SECURITIES, INC.649$18
15 other institutions4,721$129
Total (115 institutions)13,433,465$351,473