MORGAN STANLEY ETF TRUST

Ticker: CVSB CUSIP: 61774R601 Class: CALVERT ULT SHR

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (7)

Mason & Associates Inc
Value ($000) $1,255 Shares 24,724
NATURAL INVESTMENTS, LLC
Value ($000) $1 Shares 10,166
Apollon Wealth Management, LLC
Value ($000) $328 Shares 6,462
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $1,065 Shares 20,980
ROYAL BANK OF CANADA
Value ($000) $40 Shares 780
Rockefeller Capital Management L.P.
Value ($000) $3 Shares 68
HRT FINANCIAL LP
Value ($000) $0 Shares 6,534

Increased Positions (20)

ROBINSON SMITH WEALTH ADVISORS LLC
Value ($000) $431 (+72.9%) Shares 8,501 (+72.7%)
Rossby Financial, LCC
Value ($000) $663 (+59.1%) Shares 13,056 (+59.1%)
Dynamic Advisor Solutions LLC
Value ($000) $1,168 (+95.8%) Shares 23,010 (+95.6%)
Prism Advisors, Inc.
Value ($000) $845 (+7.6%) Shares 16,657 (+7.5%)
Private Advisor Group, LLC
Value ($000) $3,704 (+105.3%) Shares 72,994 (+105.2%)
Gemmer Asset Management LLC
Value ($000) $350 (+34.8%) Shares 6,904 (+34.7%)
MORGAN STANLEY
Value ($000) $113,072 (+3.0%) Shares 2,228,020 (+3.0%)
LPL Financial LLC
Value ($000) $10,740 (+14.1%) Shares 211,629 (+14.0%)
OSAIC HOLDINGS, INC.
Value ($000) $1,177 (+55.9%) Shares 23,185 (+55.8%)
COMMONWEALTH EQUITY SERVICES, LLC
Value ($000) $3,156 (+110675.1%) Shares 62,187 (+10.7%)
Cetera Investment Advisers
Value ($000) $457 (+41.8%) Shares 9,010 (+41.7%)
Ameritas Investment Partners, Inc.
Value ($000) $403 (+13.0%) Shares 7,948 (+12.9%)
Arkadios Wealth Advisors
Value ($000) $421 (+14.2%) Shares 8,287 (+14.1%)
TFC Financial Management, Inc.
Value ($000) $46 (+59.6%) Shares 898 (+59.5%)
Kestra Advisory Services, LLC
Value ($000) $258 (+18.6%) Shares 5,085 (+18.5%)
HARBOUR INVESTMENTS, INC.
Value ($000) $118 (+16.1%) Shares 2,322 (+16.0%)
PFG Investments, LLC
Value ($000) $627 (+1.3%) Shares 12,352 (+1.2%)
Brookwood Investment Group LLC
Value ($000) $232 (+2.2%) Shares 4,565 (+2.2%)
Betterment LLC
Value ($000) $2 (+16.9%) Shares 30,885 (+16.9%)
Cambridge Investment Research Advisors, Inc.
Value ($000) $1 (+6.3%) Shares 17,170 (+6.4%)

Decreased Positions (6)

Valley Financial Group, Inc.
Value ($000) $2,986 (-83.7%) Shares 58,837 (-83.7%)
Pathstone Holdings, LLC
Value ($000) $3,663 (-31.0%) Shares 72,179 (-31.1%)
Global Retirement Partners, LLC
Value ($000) $440 (-10.2%) Shares 8,665 (-10.2%)
Riverwater Partners LLC
Value ($000) $246 (-1.6%) Shares 4,855 (-1.6%)
GREAT VALLEY ADVISOR GROUP, INC.
Value ($000) $246 (-7.2%) Shares 4,858 (-7.2%)
GOLDMAN SACHS GROUP INC
Value ($000) $683 (-1.4%) Shares 13,456 (-1.5%)

Exited Positions (8)

GPS Wealth Strategies Group, LLC
Value ($000) $172 Shares 3,388
JANE STREET GROUP, LLC
Value ($000) $489 Shares 9,649
CITADEL ADVISORS LLC
Value ($000) $351 Shares 6,920
COMERICA BANK
Value ($000) $147 Shares 2,893
IFP Advisors, Inc
Value ($000) $30 Shares 592
PRINCIPAL SECURITIES, INC.
Value ($000) $25 Shares 502
UBS Group AG
Value ($000) $4 Shares 87
HM PAYSON & CO
Value ($000) $2 Shares 33