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
Expires: July 31, 2015
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
FIRST TR EXCHANGE-TRADED FD COM Common Stock 33734G108 358,743 12,132 SH SOLE 0 0 12,132
FIRST TR EXCHANGE-TRADED ALP COM SHS Common Stock 33734K109 331,906 2,503 SH SOLE 0 0 2,503
FIRST TR EXCHANGE-TRADED FD CONSUMR DISCRE Common Stock 33734X101 366,842 5,720 SH SOLE 0 0 5,720
FIRST TR EXCHANGE-TRADED FD CONSUMR STAPLE Common Stock 33734X119 355,913 6,156 SH SOLE 0 0 6,156
FIRST TR EXCHANGE-TRADED FD FINLS ALPHADEX Common Stock 33734X135 382,209 6,305 SH SOLE 0 0 6,305
FIRST TR EXCHANGE-TRADED FD HLTH CARE ALPH Common Stock 33734X143 424,121 3,244 SH SOLE 0 0 3,244
FIRST TR EXCHANGE-TRADED FD INDLS PROD DUR Common Stock 33734X150 359,483 4,413 SH SOLE 0 0 4,413
FIRST TR EXCHANGE-TRADED FD MATERIALS ALPH Common Stock 33734X168 364,298 4,714 SH SOLE 0 0 4,714
FIRST TR EXCHANGE-TRADED FD TECH ALPHADEX Common Stock 33734X176 409,513 1,853 SH SOLE 0 0 1,853
FIRST TR EXCHANGE-TRADED FD UTILITIES ALPH Common Stock 33734X184 342,181 7,791 SH SOLE 0 0 7,791
FIRST TR EXCH TRD ALPHDX FD ASIA EX JAPAN Common Stock 33737J109 860,125 17,329 SH SOLE 0 0 17,329
FIRST TR EXCH TRD ALPHDX FD EUROPE ALPHADEX Common Stock 33737J117 768,079 13,616 SH SOLE 0 0 13,616
ISHARES TR MSCI EMG MKT ETF Common Stock 464287234 2,186,196 32,732 SH SOLE 0 0 32,732
ISHARES TR IBOXX INV CP ETF Common Stock 464287242 223,876 2,191 SH SOLE 0 0 2,191
ISHARES TR 20 YR TR BD ETF Common Stock 464287432 2,805,123 36,065 SH SOLE 0 0 36,065
ISHARES TR 7-10 YR TRSY BD Common Stock 464287440 7,187,502 80,478 SH SOLE 0 0 80,478
ISHARES TR RUS 1000 GRW ETF Common Stock 464287614 1,827,669 14,591 SH SOLE 0 0 14,591
ISHARES TR RUS 2000 VAL ETF Common Stock 464287630 5,584,125 26,661 SH SOLE 0 0 26,661
ISHARES TR RUS 2000 GRW ETF Common Stock 464287648 1,761,658 4,936 SH SOLE 0 0 4,936
ISHARES TR RUSSELL 2000 ETF Common Stock 464287655 2,584,950 9,302 SH SOLE 0 0 9,302
ISHARES TR IBOXX HI YD ETF Common Stock 464288513 249,620 3,233 SH SOLE 0 0 3,233
ISHARES TR PFD AND INCM SEC Common Stock 464288687 6,700,090 227,122 SH SOLE 0 0 227,122
ISHARES SILVER TR ISHARES Common Stock 46428Q109 2,620,895 48,081 SH SOLE 0 0 48,081
SPDR GOLD TR GOLD SHS Common Stock 78463V107 280,679 737 SH SOLE 0 0 737
SPDR SERIES TRUST SST SPDR BLOOMBE Common Stock 78464A151 251,291 8,410 SH SOLE 0 0 8,410
SPDR SERIES TRUST ST INTL BBG ETF Common Stock 78464A516 241,304 11,393 SH SOLE 0 0 11,393
SELECT SECTOR SPDR TR ST STR MATER ETF Common Stock 81369Y100 3,110,065 63,862 SH SOLE 0 0 63,862
SELECT SECTOR SPDR TR ST STR CARE ETF Common Stock 81369Y209 3,564,211 21,163 SH SOLE 0 0 21,163
SELECT SECTOR SPDR TR ST STR STAPL ETF Common Stock 81369Y308 3,067,178 38,054 SH SOLE 0 0 38,054
SELECT SECTOR SPDR TR ST STR DISCR ETF Common Stock 81369Y407 2,946,292 27,070 SH SOLE 0 0 27,070
SELECT SECTOR SPDR TR ST STR FINL ETF Common Stock 81369Y605 3,272,669 61,286 SH SOLE 0 0 61,286
SELECT SECTOR SPDR TR ST STR INDL ETF Common Stock 81369Y704 3,098,575 18,557 SH SOLE 0 0 18,557
SELECT SECTOR SPDR TR ST STR TECHN ETF Common Stock 81369Y803 3,454,335 17,647 SH SOLE 0 0 17,647
SELECT SECTOR SPDR TR ST STR UTIL ETF Common Stock 81369Y886 2,814,098 71,351 SH SOLE 0 0 71,351
SSGA ACTIVE ETF TR ST STR BL LN ETF Common Stock 78467V608 4,472,366 110,730 SH SOLE 0 0 110,730
ISHARES INC MSCI STH KOR ETF Common Stock 464286772 2,718,852 14,875 SH SOLE 0 0 14,875
ISHARES TR EAFE SML CP ETF Common Stock 464288273 1,785,314 21,148 SH SOLE 0 0 21,148
SPDR INDEX SHS FDS ST DOW INTL ETF Common Stock 78463X863 5,445,411 214,640 SH SOLE 0 0 214,640
SELECT SECTOR SPDR TR ST STR REAL ETF Common Stock 81369Y860 2,959,193 72,334 SH SOLE 0 0 72,334
SPDR SERIES TRUST ST STR SP BIOT Common Stock 78464A870 2,844,866 18,042 SH SOLE 0 0 18,042
FIRST TR EXCH TRADED FD III PFD SECS INC ETF Common Stock 33739E108 244,318 14,330 SH SOLE 0 0 14,330
INVESCO DB MULTI-SECTOR COMM BASE METALS FD Common Stock 46140H700 1,987,625 78,562 SH SOLE 0 0 78,562
FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY Common Stock 33738D101 322,735 7,874 SH SOLE 0 0 7,874
SPDR INDEX SHS FDS ST MARKE CAP ETF Common Stock 78463X756 3,767,731 52,992 SH SOLE 0 0 52,992
ISHARES TR BRAZIL SM-CP ETF Common Stock 464289131 1,536,547 115,432 SH SOLE 0 0 115,432
KRANESHARES TRUST CSI CHI INTERNET Common Stock 500767306 472,418 19,274 SH SOLE 0 0 19,274
SELECT SECTOR SPDR TR ST STR SVC ETF Common Stock 81369Y852 3,464,926 31,224 SH SOLE 0 0 31,224
SPDR SERIES TRUST ST STR SP METAL Common Stock 78464A755 2,614,377 25,245 SH SOLE 0 0 25,245
INVESCO EXCH TRADED FD TR II EMRNG MKT SVRG Common Stock 46138E784 243,391 12,243 SH SOLE 0 0 12,243
INVESCO EXCH TRADED FD TR II VAR RATE PFD Common Stock 46138G870 430,578 18,160 SH SOLE 0 0 18,160
VANECK ETF TRUST INTERNATIONAL HI Common Stock 92189F445 6,919,178 329,903 SH SOLE 0 0 329,903
AMPLIFY ETF TR JR SILV MINE ETF Common Stock 032108649 2,774,785 101,715 SH SOLE 0 0 101,715
ISHARES TR US AER DEF ETF Common Stock 464288760 3,555,424 17,161 SH SOLE 0 0 17,161
ISHARES TR EAFE VALUE ETF Common Stock 464288877 2,073,396 26,199 SH SOLE 0 0 26,199
JPMORGAN CHASE FINL CO LLC CAL LKD 44 Common Stock 48133Q309 3,653,775 105,937 SH SOLE 0 0 105,937
ETF SER SOLUTIONS US GLB JETS Common Stock 26922A842 2,517,817 89,221 SH SOLE 0 0 89,221
JANUS DETROIT STR TR B-BBB CLO ETF Common Stock 47103U753 2,785 59 SH SOLE 0 0 59
GLOBAL X FDS GLOBAL X COPPER Common Stock 37954Y830 1,367,909 16,150 SH SOLE 0 0 16,150