Schedule of Investments (Continued)
ARK Israel Innovative Technology ETF
April 30, 2026 (Unaudited)
| Investments | Shares | Value | ||||||
| COMMON STOCKS–98.3% | ||||||||
| Aerospace & Defense - 7.6% | ||||||||
| Aryt Industries Ltd. (Israel) | 152,427 | $ | 2,168,184 | |||||
| Ashot -Ashkelon Industries Ltd. (Israel) | 66,106 | 2,122,389 | ||||||
| Bet Shemesh Engines Holdings 1997 Ltd. (Israel)* | 9,253 | 2,263,222 | ||||||
| Elbit Systems Ltd. (Israel) | 2,492 | 2,065,796 | ||||||
| TAT Technologies Ltd.* | 52,284 | 1,924,456 | ||||||
| Total Aerospace & Defense | 10,544,047 | |||||||
| Automobile Components - 1.8% | ||||||||
| Mobileye Global, Inc., Class A (Israel)* | 281,104 | 2,442,794 | ||||||
| Biotechnology - 6.1% | ||||||||
| Compugen Ltd. (Israel)* | 786,536 | 2,052,692 | ||||||
| Enlivex Ltd. (Israel)* | 1,754,421 | 1,438,274 | ||||||
| Enlivex Ltd. (Israel)* | 628,310 | 515,266 | ||||||
| Kamada Ltd. (Israel) | 263,304 | 2,140,196 | ||||||
| UroGen Pharma Ltd.* | 101,508 | 2,418,936 | ||||||
| Total Biotechnology | 8,565,364 | |||||||
| Capital Markets - 1.5% | ||||||||
| Etoro Group Ltd., Class A (Israel)* | 57,966 | 2,062,430 | ||||||
| Communications Equipment - 4.9% | ||||||||
| AudioCodes Ltd. (Israel) | 246,438 | 2,282,016 | ||||||
| Gilat Satellite Networks Ltd. (Israel)* | 118,601 | 2,189,375 | ||||||
| Ituran Location and Control Ltd. (Israel) | 40,137 | 2,311,891 | ||||||
| Total Communications Equipment | 6,783,282 | |||||||
| Diversified Telecommunication - 1.6% | ||||||||
| Bezeq The Israeli Telecommunication Corp. Ltd. (Israel) | 811,433 | 2,210,709 | ||||||
| Electronic Equipment, Instruments & Components - 6.8% | ||||||||
| Nayax Ltd. (Israel)* | 33,306 | 2,324,161 | ||||||
| PCB Technologies Ltd. (Israel) | 427,438 | 2,254,825 | ||||||
| RP Optical Lab Ltd. (Israel)* | 173,798 | 2,107,804 | ||||||
| Telsys Ltd. (Israel) | 25,278 | 2,716,672 | ||||||
| Total Electronic Equipment, Instruments & Components | 9,403,462 | |||||||
| Entertainment - 1.6% | ||||||||
| Playtika Holding Corp. | 614,004 | 2,244,185 | ||||||
| Health Care Equipment & Supplies - 4.9% | ||||||||
| Alpha Tau Medical Ltd. (Israel)* | 277,086 | 2,310,897 | ||||||
| Brainsway Ltd. (Israel)*(a) | 142,500 | 2,359,800 | ||||||
| Inmode Ltd.* | 153,224 | 2,217,152 | ||||||
| Total Health Care Equipment & Supplies | 6,887,849 | |||||||
| Health Care Providers & Services - 2.6% | ||||||||
| Amal Holdings AD Ltd. (Israel) | 380,522 | 2,194,512 | ||||||
| Nano-X Imaging Ltd. (Israel)*(b) | 806,614 | 1,379,310 | ||||||
| Total Health Care Providers & Services | 3,573,822 | |||||||
Schedule of Investments (Continued)
ARK Israel Innovative Technology ETF
April 30, 2026 (Unaudited)
| Investments | Shares | Value | ||||||
| Hotels, Restaurants & Leisure - 4.9% | ||||||||
| Fattal Holdings 1998 Ltd. (Israel)* | 9,704 | $ | 2,419,622 | |||||
| Isrotel Ltd. (Israel)* | 43,192 | 2,255,024 | ||||||
| Issta Ltd. (Israel) | 59,873 | 2,140,824 | ||||||
| Total Hotels, Restaurants & Leisure | 6,815,470 | |||||||
| Interactive Media & Services - 1.6% | ||||||||
| Taboola.com Ltd. (Israel)* | 602,812 | 2,266,573 | ||||||
| IT Services - 6.7% | ||||||||
| Malam - Team Ltd. (Israel)* | 77,491 | 2,216,357 | ||||||
| Matrix IT Ltd. (Israel) | 75,493 | 2,308,767 | ||||||
| One Software Technologies Ltd. (Israel) | 106,941 | 2,338,535 | ||||||
| Wix.com Ltd. (Israel)*(b) | 32,312 | 2,413,383 | ||||||
| Total IT Services | 9,277,042 | |||||||
| Machinery - 1.6% | ||||||||
| Stratasys Ltd.* | 254,709 | 2,259,269 | ||||||
| Media - 1.6% | ||||||||
| Perion Network Ltd. (Israel)* | 211,984 | 2,210,993 | ||||||
| Personal Care Products - 1.5% | ||||||||
| Oddity Tech Ltd., Class A (Israel)*(b) | 146,754 | 2,101,517 | ||||||
| Pharmaceuticals - 3.2% | ||||||||
| MediWound Ltd. (Israel)*(b) | 126,576 | 2,088,504 | ||||||
| Teva Pharmaceutical Industries Ltd. (Israel)*(a) | 68,653 | 2,407,661 | ||||||
| Total Pharmaceuticals | 4,496,165 | |||||||
| Professional Services - 5.0% | ||||||||
| Danel Adir Yeoshua Ltd. (Israel) | 14,106 | 2,244,805 | ||||||
| Fiverr International Ltd.* | 202,039 | 2,351,734 | ||||||
| Hilan Ltd. (Israel) | 33,916 | 2,432,310 | ||||||
| Total Professional Services | 7,028,849 | |||||||
| Semiconductors & Semiconductor Equipment - 10.1% | ||||||||
| Camtek Ltd. (Israel)*(b) | 12,161 | 2,333,939 | ||||||
| Nova Ltd. (Israel)*(b) | 4,220 | 2,111,815 | ||||||
| Qualitau Ltd. (Israel) | 10,475 | 1,972,225 | ||||||
| Solrom Holdings Ltd. (Israel) | 563,184 | 2,328,967 | ||||||
| Tower Semiconductor Ltd. (Israel)* | 10,126 | 2,238,352 | ||||||
| Valens Semiconductor Ltd. (Israel)* | 1,412,570 | 3,065,277 | ||||||
| Total Semiconductors & Semiconductor Equipment | 14,050,575 | |||||||
| Software - 19.2% | ||||||||
| Allot Ltd. (Israel)* | 297,726 | 2,163,444 | ||||||
| Cellebrite DI Ltd. (Israel)* | 170,923 | 2,221,999 | ||||||
| Check Point Software Technologies Ltd. (Israel)* | 16,112 | 1,812,117 | ||||||
| Cognyte Software Ltd. (Israel)* | 225,795 | 2,106,667 | ||||||
| JFrog Ltd.* | 50,621 | 2,350,839 | ||||||
| Monday.com Ltd.* | 33,167 | 2,184,710 | ||||||
| Nice Ltd. (Israel)*(a) | 21,035 | 2,145,991 | ||||||
| Pagaya Technologies Ltd., Class A* | 147,603 | 2,050,206 | ||||||
| RADCOM Ltd. (Israel)* | 176,903 | 2,823,372 | ||||||
| Radware Ltd. (Israel)* | 86,280 | 2,312,304 | ||||||
| Riskified Ltd., Class A* | 488,797 | 2,253,354 | ||||||
| SimilarWeb Ltd. (Israel)* | 834,663 | 2,345,403 | ||||||
| Total Software | 26,770,406 |
Schedule of Investments (Continued)
ARK Israel Innovative Technology ETF
April 30, 2026 (Unaudited)
| Investments | Shares | Value | ||||||
| Wireless Telecommunication Services - 3.5% | ||||||||
| Cellcom Israel Ltd. (Israel) | 198,244 | $ | 2,439,253 | |||||
| Partner Communications Co. Ltd. (Israel) | 183,456 | 2,442,761 | ||||||
| Total Wireless Telecommunication Services | 4,882,014 | |||||||
| Total Common Stocks | ||||||||
| (Cost $118,344,375) | 136,876,817 | |||||||
| MONEY MARKET FUND–0.2% | ||||||||
| Goldman Sachs Financial Square Treasury Obligations Fund, 3.54%(c) | ||||||||
| (Cost $287,206) | 287,206 | 287,206 | ||||||
| Total Investments–98.5% | ||||||||
| (Cost $118,631,581) | 137,164,023 | |||||||
| Other Assets in Excess of Liabilities–1.5% | 2,090,662 | |||||||
| Net Assets–100.0% | $ | 139,254,685 |
| * | Non-income producing security |
| (a) | American Depositary Receipt |
| (b) | All or a portion of the security was on loan. The aggregate market value of the securities on loan was $10,082,848; total market value of the collateral held by the fund was $10,392,265. The total market value of the collateral includes non-cash U.S. Treasury securities collateral having a value of $10,392,265. |
| (c) | Rate shown represents annualized 7-day yield as of April 30, 2026. |
| Country | Value | % of Net Assets | ||||||
| Israel | $ | 114,621,977 | 82.3 | % | ||||
| United States | 22,542,046 | 16.2 | ||||||
| Total Investments | 137,164,023 | 98.5 | ||||||
| Other Assets in Excess of Liabilities | 2,090,662 | 1.5 | ||||||
| Net Assets | $ | 139,254,685 | 100.0 | % | ||||
Fair Value Measurement
The Fund discloses the fair value of its investments in a hierarchy that distinguishes between: (i) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (ii) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:
• Level 1 — Quoted prices in active markets for identical assets.
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
• Level 3 — Significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the valuations as of April 30, 2026, based upon the three levels defined above:
| ARK Israel Innovative Technology ETF | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Assets | ||||||||||||||||
| Common Stocks‡ | $ | 136,361,551 | $ | – | $ | 515,266 | $ | 136,876,817 | ||||||||
| Money Market Fund | 287,206 | – | – | 287,206 | ||||||||||||
| Total | $ | 136,648,757 | $ | – | $ | 515,266 | $ | 137,164,023 | ||||||||
| ‡ | Please refer to the Schedule of Investments to view securities segregated by industry type. |