Instuitional Investor - Imz Advisory Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLB	227,910	$52,993,564	24.17%
2.	Sector Spdr Trust	XLB	481,764	$23,283,636	10.62%
3.	Sector Spdr Trust	XLB	143,230	$19,704,085	8.98%
4.	Sector Spdr Trust	XLB	86,674	$19,445,334	8.87%
5.	J P Morgan Exchange Traded F		370,279	$18,650,963	8.5%