SmartETFs Sustainable Energy II ETF
Schedule of Investments
at March 31, 2024 (Unaudited)
| Shares | Common Stocks: 96.5% | Value | ||||||
| Electrification: 28.7% | ||||||||
| 2,124 | Aptiv PLC* | $ | 169,177 | |||||
| 2,358 | Gentherm Inc.* | 135,774 | ||||||
| 4,320 | Infineon Technologies AG | 146,866 | ||||||
| 7,218 | Johnson Matthey PLC | 162,969 | ||||||
| 522 | LG Chem Ltd. | 170,171 | ||||||
| 612 | NXP Semiconductors NV | 151,635 | ||||||
| 1,998 | ON Semiconductor Corporation* | 146,953 | ||||||
| 540 | Samsung SDI Co., Ltd. | 191,042 | ||||||
| 4,698 | Sensata Technologies Holding | 172,605 | ||||||
| 1,447,192 | ||||||||
| Energy Efficiency: 16.7% | ||||||||
| 2,898 | Ameresco Inc.* | 69,929 | ||||||
| 594 | Hubbell Inc. | 246,540 | ||||||
| 22,176 | Nibe Industrier AB - B Shares | 172,314 | ||||||
| 810 | Trane Technologies PLC | 108,869 | ||||||
| 666 | Installed Building Products Inc | 243,162 | ||||||
| 840,814 | ||||||||
| Renewable Energy Generation: 18.5% | ||||||||
| 122,994 | China Longyuan Power Group Corp Ltd. | 86,114 | ||||||
| 174,000 | China Suntien Green Energy Corp Ltd. | 65,803 | ||||||
| 18,200 | Iberdrola SA | 225,684 | ||||||
| 3,582 | Nextera Energy Inc. | 228,926 | ||||||
| 2,286 | Ormat Technologies Inc. | 151,310 | ||||||
| 2,394 | Orsted AS | 133,095 | ||||||
| 6,804 | Sunnova Energy International Inc.* | 41,709 | ||||||
| 932,641 | ||||||||
| Renewable Equipment Manufacturing: 32.6% | ||||||||
| 5,598 | Canadian Solar Inc.* | 110,616 | ||||||
| 774 | Eaton Corp. PLC | 242,014 | ||||||
| 774 | Enphase Energy Inc.* | 93,639 | ||||||
| 1,098 | First Solar Inc.* | 185,342 | ||||||
| 1,926 | Itron Inc.* | 178,193 | ||||||
| 2,070 | Legrand SA | 219,326 | ||||||
| 1,026 | Schneider Electric SE | 232,040 | ||||||
| 558 | Solaredge Technologies Inc.* | 39,607 | ||||||
| 2,466 | TPI Composites Inc.* | 7,176 | ||||||
| 7,074 | Vestas Wind Systems A/S | 197,459 | ||||||
| 180,000 | Xinyi Solar Holdings Ltd. | 139,365 | ||||||
| 1,644,777 | ||||||||
| Total Common Stocks (Cost $5,609,268) | 4,865,424 | |||||||
| Total Investments (Cost $5,609,268): 96.5% | 4,865,424 | |||||||
| Other Assets in Excess of Liabilities: 3.5% | 177,285 | |||||||
| Total Net Assets - 100.0% | $ | 5,042,709 | ||||||
| * | Non-income producing security. |
PLC - Public Limited Company