ISHARES TR

Ticker: MMAX CUSIP: 46438G455 Class: LARGE CAP MAX BU

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

BIP Wealth, LLC

Value ($000) $2,715 Shares 103,518

Kovack Advisors, Inc.

Value ($000) $267 Shares 10,174

Pinnacle Wealth Planning Services, Inc.

Value ($000) $144 Shares 5,497

Institution	Shares	Value ($000)
BIP Wealth, LLC	103,518	$2,715
Kovack Advisors, Inc.	10,174	$267
Pinnacle Wealth Planning Services, Inc.	5,497	$144

Increased Positions (1)

JIM SAULNIER & ASSOCIATES, LLC

Value ($000) $2,664 (+1.7%) Shares 101,581 (+1.3%)

Institution	Prev Shares	Curr Shares	Change
JIM SAULNIER & ASSOCIATES, LLC	100,264	101,581	+1,317 (+1.3%)

Decreased Positions (3)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $616 (-68.4%) Shares 23,494 (-68.5%)

OLD MISSION CAPITAL LLC

Value ($000) $780 (-1.6%) Shares 29,747 (-1.9%)

Value ($000) $23 (-27.2%) Shares 865 (-27.4%)

Institution	Prev Shares	Curr Shares	Change
SUSQUEHANNA INTERNATIONAL GROUP, LLP	74,619	23,494	-51,125 (-68.5%)
OLD MISSION CAPITAL LLC	30,332	29,747	-585 (-1.9%)
UBS Group AG	1,192	865	-327 (-27.4%)

Exited Positions (4)

Strategic Blueprint, LLC

Value ($000) $2,934 Shares 112,273

ENVESTNET ASSET MANAGEMENT INC

Value ($000) $644 Shares 24,663

HUNTINGTON NATIONAL BANK

Value ($000) $29 Shares 1,100

HRT FINANCIAL LP

Value ($000) $0 Shares 9,076

Institution	Prev Shares	Prev Value ($000)
Strategic Blueprint, LLC	112,273	$2,934
ENVESTNET ASSET MANAGEMENT INC	24,663	$644
HUNTINGTON NATIONAL BANK	1,100	$29
HRT FINANCIAL LP	9,076	$0