The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANTERO MIDSTREAM CORP COM 03676B102 292 26,892 SH   SOLE   26,892 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 517 5,726 SH   SOLE   5,726 0 0
ARROW INVTS TR DWA COUNTRY ETF 042765685 9,972 298,766 SH   SOLE   298,766 0 0
ARROW INVTS TR RESV CAP ETF 042765719 43,222 435,403 SH   SOLE   435,403 0 0
ARROW INVTS TR RVRSE CAP500 ETF 042765677 1,437 60,000 SH   SOLE   60,000 0 0
ASSURANT INC COM 04621X108 248 1,359 SH   SOLE   1,359 0 0
BAKER HUGHES COMPANY CL A 05722G100 201 5,523 SH   SOLE   5,523 0 0
BP MIDSTREAM PARTNERS LP UNIT LTD PTNR 0556EL109 282 16,688 SH   SOLE   16,688 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 294 20,784 SH   SOLE   20,784 0 0
CBRE GROUP INC CL A 12504L109 433 4,732 SH   SOLE   4,732 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 615 20,541 SH   SOLE   20,541 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 338 10,080 SH   SOLE   10,080 0 0
DEERE & CO COM 244199105 528 1,272 SH   SOLE   1,272 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 262 5,961 SH   SOLE   5,961 0 0
DISCOVERY INC COM SER A 25470F104 209 8,398 SH   SOLE   8,398 0 0
DUKE REALTY CORP COM NEW 264411505 277 4,785 SH   SOLE   4,785 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 359 32,106 SH   SOLE   32,106 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 383 39,656 SH   SOLE   39,656 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 311 12,038 SH   SOLE   12,038 0 0
FRANKLIN STR PPTYS CORP COM 35471R106 259 43,882 SH   SOLE   43,882 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 288 24,563 SH   SOLE   24,563 0 0
GETTY RLTY CORP NEW COM 374297109 245 8,561 SH   SOLE   8,561 0 0
GLOBAL NET LEASE INC COM NEW 379378201 268 17,066 SH   SOLE   17,066 0 0
GLOBAL PARTNERS LP COM UNITS 37946R109 312 11,453 SH   SOLE   11,453 0 0
HCA HEALTHCARE INC COM 40412C101 224 896 SH   SOLE   896 0 0
HESS MIDSTREAM LP CL A SHS 428103105 280 9,324 SH   SOLE   9,324 0 0
HOME DEPOT INC COM 437076102 208 695 SH   SOLE   695 0 0
HUNT J B TRANS SVCS INC COM 445658107 267 1,329 SH   SOLE   1,329 0 0
INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT 456237106 245 10,811 SH   SOLE   10,811 0 0
INTERPUBLIC GROUP COS INC COM 460690100 274 7,719 SH   SOLE   7,719 0 0
INVESCO ACTIVLY MANGD ETC FD OPTIMUM YIELD 46090F100 422 23,948 SH   SOLE   23,948 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103 10,479 402,101 SH   SOLE   402,101 0 0
INVESCO DB MULTI-SECTOR COMM ENERGY FD 46140H304 400 17,351 SH   SOLE   17,351 0 0
INVESCO DB MULTI-SECTOR COMM OIL FD 46140H403 441 25,460 SH   SOLE   25,460 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 8,783 105,377 SH   SOLE   105,377 0 0
ISHARES TR COHEN STEER REIT 464287564 6,809 95,891 SH   SOLE   95,891 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,420 31,857 SH   SOLE   31,857 0 0
ISHARES TR SELECT DIVID ETF 464287168 4,494 35,073 SH   SOLE   35,073 0 0
ISHARES TR TIPS BD ETF 464287176 2,209 17,730 SH   SOLE   17,730 0 0
KIMBELL RTY PARTNERS LP UNIT 49435R102 313 19,223 SH   SOLE   19,223 0 0
KROGER CO COM 501044101 557 9,724 SH   SOLE   9,724 0 0
LOWES COS INC COM 548661107 205 1,014 SH   SOLE   1,014 0 0
LUMEN TECHNOLOGIES INC COM 550241103 317 28,153 SH   SOLE   28,153 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 285 5,810 SH   SOLE   5,810 0 0
MOBILE TELESYSTEMS PUB JT ST SPONSORED ADR 607409109 0 35,608 SH   SOLE   35,608 0 0
MPLX LP COM UNIT REP LTD 55336V100 288 8,678 SH   SOLE   8,678 0 0
NATIONAL HEALTH INVS INC COM 63633D104 286 4,841 SH   SOLE   4,841 0 0
NEWS CORP NEW CL B 65249B208 203 9,008 SH   SOLE   9,008 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 261 18,104 SH   SOLE   18,104 0 0
OCCIDENTAL PETE CORP COM 674599105 227 4,005 SH   SOLE   4,005 0 0
OFFICE PPTYS INCOME TR COM SHS BEN INT 67623C109 280 10,873 SH   SOLE   10,873 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100 237 792 SH   SOLE   792 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 304 9,750 SH   SOLE   9,750 0 0
OMNICOM GROUP INC COM 681919106 276 3,257 SH   SOLE   3,257 0 0
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 324 23,133 SH   SOLE   23,133 0 0
PHILLIPS 66 COM 718546104 472 5,462 SH   SOLE   5,462 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 305 28,369 SH   SOLE   28,369 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 301 26,024 SH   SOLE   26,024 0 0
PROLOGIS INC. COM 74340W103 245 1,517 SH   SOLE   1,517 0 0
QUANTA SVCS INC COM 74762E102 579 4,400 SH   SOLE   4,400 0 0
RATTLER MIDSTREAM LP COM UNITS 75419T103 336 24,082 SH   SOLE   24,082 0 0
ROBERT HALF INTL INC COM 770323103 483 4,232 SH   SOLE   4,232 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 5,622 73,541 SH   SOLE   73,541 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 5,013 130,824 SH   SOLE   130,824 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 5,183 32,608 SH   SOLE   32,608 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 328 23,062 SH   SOLE   23,062 0 0
SL GREEN RLTY CORP COM 78440X887 316 3,887 SH   SOLE   3,887 0 0
SPDR SER TR DJ REIT ETF 78464A607 5,402 46,043 SH   SOLE   46,043 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300 257 5,590 SH   SOLE   5,590 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 293 18,206 SH   SOLE   18,206 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109 270 6,601 SH   SOLE   6,601 0 0
UNDER ARMOUR INC CL A 904311107 313 18,387 SH   SOLE   18,387 0 0
UNDER ARMOUR INC CL C 904311206 257 16,532 SH   SOLE   16,532 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 290 1,996 SH   SOLE   1,996 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 285 16,158 SH   SOLE   16,158 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 313 12,400 SH   SOLE   12,400 0 0
WISDOMTREE TR US TOTAL DIVIDND 97717W109 4,928 76,330 SH   SOLE   76,330 0 0
WP CAREY INC COM 92936U109 267 3,299 SH   SOLE   3,299 0 0