ZACKS EARNINGS CONSISTENT PORTFOLIO ETF
SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.2%      
    AEROSPACE & DEFENSE - 2.9%      
9,941   General Dynamics Corporation       $ 3,691,590
34,943   RTX Corporation         7,258,710
             

10,950,300

    ASSET MANAGEMENT - 0.9%      
2,780   Blackrock, Inc.         3,212,596
             
    BANKING - 5.7%      
36,374   JPMorgan Chase & Company         12,949,871
17,570   PNC Financial Services Group, Inc. (The)         4,210,299
91,344   Truist Financial Corporation         4,528,836
             

21,689,006

    BEVERAGES - 1.2%      
30,907   PepsiCo, Inc.         4,337,488
             
    BIOTECH & PHARMA - 8.3%      
12,963   Amgen, Inc.         5,572,534
51,222   Bristol-Myers Squibb Company         3,422,142
8,848   Eli Lilly & Company         10,234,747
26,474   Johnson & Johnson         7,038,113
34,261   Merck & Company, Inc.         5,062,405
             

31,329,941

    COMMERCIAL SUPPORT SERVICES - 3.1%      
29,398   Cintas Corporation         5,932,222
25,104   Republic Services, Inc.         5,545,976
             

11,478,198

    DIVERSIFIED INDUSTRIALS - 1.0%      
25,018   Emerson Electric Company         3,813,744
             
    ELECTRIC UTILITIES - 2.7%      
54,726   American Electric Power Company, Inc.         6,700,104
36,826   Southern Company (The)         3,240,688
             

9,940,792

 

 
 

 

ZACKS EARNINGS CONSISTENT PORTFOLIO ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.2% (Continued)      
    ELECTRICAL EQUIPMENT - 0.7%      
15,545   Amphenol Corporation, Class A       $ 2,464,660
             
    ENGINEERING & CONSTRUCTION - 1.5%      
7,540   EMCOR Group, Inc.         5,538,432
             
    FOOD - 1.0%      
21,282   Hershey Company (The)         3,750,101
             
    GAS & WATER UTILITIES - 0.8%      
22,992   American Water Works Company, Inc.         3,178,184
             
    HEALTH CARE FACILITIES & SERVICES - 4.8%      
31,708   Cardinal Health, Inc.         7,439,332
30,013   Centene Corporation(a)         1,931,036
11,128   Labcorp Holdings, Inc.         3,701,840
12,636   UnitedHealth Group, Inc.         4,920,585
             

17,992,793

    HOUSEHOLD PRODUCTS - 1.9%      
48,850   Procter & Gamble Company (The)         7,089,112
             
    INDUSTRIAL REIT - 0.7%      
18,637   Prologis, Inc.         2,607,689
             
    INDUSTRIAL SUPPORT SERVICES - 0.5%      
34,811   Fastenal Company         1,716,530
             
    INSTITUTIONAL FINANCIAL SERVICES - 0.9%      
34,564   Nasdaq, Inc.         3,408,356
             
    INSURANCE - 5.3%      
47,729   Hartford Insurance Group, Inc. (The)         6,557,009
28,059   Marsh & McLennan Companies, Inc.         5,325,598
51,286   MetLife, Inc.         4,880,889

 

 
 

 

ZACKS EARNINGS CONSISTENT PORTFOLIO ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.2% (Continued)      
    INSURANCE - 5.3% (Continued)      
48,392   W R Berkley Corporation       $ 3,269,364
             

20,032,860

    INTERNET MEDIA & SERVICES - 8.4%      
80,496   Alphabet, Inc., Class A         27,316,318
52,219   Netflix, Inc.(a)         4,232,350
             

31,548,668

    LEISURE FACILITIES & SERVICES - 2.1%      
15,215   Marriott International Inc, Class A         5,199,878
10,726   McDonald's Corporation         2,826,730
             

8,026,608

    MACHINERY - 3.7%      
18,062   Caterpillar, Inc.         14,403,903
             
    MEDICAL EQUIPMENT & DEVICES - 1.8%      
9,038   Stryker Corporation         2,926,504
5,961   Thermo Fisher Scientific, Inc.         3,678,534
             

6,605,038

    OIL & GAS SERVICES & EQUIPMENT - 0.8%      
86,719   Halliburton Company         3,195,595
             
    RETAIL - CONSUMER STAPLES - 3.7%      
27,973   Target Corporation         4,500,296
90,619   Walmart, Inc.         9,503,216
             

14,003,512

    RETAIL - DISCRETIONARY - 3.1%      
19,360   Home Depot, Inc. (The)         6,346,789
37,983   TJX Companies, Inc. (The)         5,086,304
             

11,433,093

    SEMICONDUCTORS - 3.4%      
13,538   Analog Devices, Inc.         4,902,651
17,012   Applied Materials, Inc.         7,798,131
             

12,700,782

    SOFTWARE - 9.8%      
13,610   Cadence Design Systems, Inc.(a)         4,610,796

 

 
 

 

ZACKS EARNINGS CONSISTENT PORTFOLIO ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.2% (Continued)      
    SOFTWARE - 9.8% (Continued)      
56,306   Microsoft Corporation       $ 28,563,470
24,658   Oracle Corporation         3,677,001
             

36,851,267

    SPECIALTY FINANCE - 2.4%      
27,306   American Express Company         9,015,622
             
    TECHNOLOGY HARDWARE - 10.9%      
92,487   Apple, Inc.         29,304,505
63,263   Cisco Systems, Inc.         6,989,929
31,528   Corning, Inc.         4,689,159
             

40,983,593

    TECHNOLOGY SERVICES - 2.4%      
12,080   International Business Machines Corporation         2,825,150
13,920   Leidos Holdings, Inc.         1,951,723
8,723   Moody's Corporation         4,401,975
             

9,178,848

    TRANSPORTATION & LOGISTICS - 1.1%      
84,341   CSX Corporation         4,260,064
             
    WHOLESALE - CONSUMER STAPLES - 0.7%      
33,378   Sysco Corporation         2,706,288
             
               
    TOTAL COMMON STOCKS (Cost $295,752,953)    

  369,443,663

               
    TOTAL INVESTMENTS - 98.2% (Cost $295,752,953)     $ 369,443,663
    OTHER ASSETS IN EXCESS OF LIABILITIES- 1.8%    

6,710,046

    NET ASSETS - 100.0%        

$ 376,153,709

           
 

 

 

REIT - Real Estate Investment Trust

 

 

(a) Non-income producing security.

 

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0%      
    ADVERTISING & MARKETING - 0.4%      
3,912   AppLovin Corporation, Class A(a)       $ 1,220,779
             
    AEROSPACE & DEFENSE - 1.9%      
16,572   Astronics Corporation(a)         1,220,859
5,109   HEICO Corporation         1,691,845
9,386   Howmet Aerospace, Inc.         2,299,101
             

5,211,805

    APPAREL & TEXTILE PRODUCTS - 0.9%      
33,002   Carter's, Inc.         1,068,934
14,794   Columbia Sportswear Company         849,176
6,823   Deckers Outdoor Corporation(a)         594,147
             

2,512,257

    ASSET MANAGEMENT - 2.1%      
7,870   Affiliated Managers Group, Inc.         2,897,656
29,138   Franklin Templeton, Inc.         995,063
7,893   Hamilton Lane, Inc., Class A         858,916
27,162   Invesco Ltd.         890,370
             

5,642,005

    AUTOMOTIVE - 0.9%      
54,817   Ford Motor Company         764,149
45,040   Gentherm, Inc.(a)         1,769,622
             

2,533,771

    BANKING - 7.4%      
12,920   BancFirst Corporation         1,411,122
56,783   Byline Bancorp, Inc.         2,153,211
11,582   City Holding Company         1,655,647
13,548   East West Bancorp, Inc.         1,718,699
48,336   Hilltop Holdings, Inc.         1,839,185
11,752   Home Bancorp, Inc.         804,894
25,977   Independent Bank Corporation (MA)         2,108,813
74,176   NB Bancorp, Inc.         1,656,350
25,428   Seacoast Banking Corporation of Florida         863,408
78,303   Simmons First National Corporation, Class A         1,768,082
29,565   SmartFinancial, Inc.         1,494,511

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    BANKING - 7.4% (Continued)      
24,449   Southern First Bancshares, Inc.(a)       $ 1,499,946
10,354   UMB Financial Corporation         1,466,437
             

20,440,305

    BEVERAGES - 0.2%      
7,710   Vita Coco Company, Inc. (The)(a)         452,693
             
    BIOTECH & PHARMA - 2.7%      
2,908   Alnylam Pharmaceuticals, Inc.(a)         699,927
42,204   Collegium Pharmaceutical, Inc.(a)         1,038,640
7,557   Halozyme Therapeutics, Inc.(a)         804,745
20,642   Indivior Pharmaceuticals, Inc.(a)         721,025
6,710   Neurocrine Biosciences, Inc.(a)         1,033,541
38,008   Phibro Animal Health Corporation, CLASS A         1,434,422
11,467   Protagonist Therapeutics, Inc.(a)         1,694,250
             

7,426,550

    CHEMICALS - 2.2%      
5,340   CF Industries Holdings, Inc.         694,360
30,432   Dow, Inc.         928,785
15,246   International Flavors & Fragrances, Inc.         1,316,187
7,120   Rogers Corporation(a)         894,058
14,633   Sensient Technologies Corporation         1,974,577
             

5,807,967

    COMMERCIAL SUPPORT SERVICES - 2.9%      
12,841   Alarm.com Holdings, Inc.(a)         739,128
45,540   AMN Healthcare Services, Inc.(a)         1,561,111
33,535   Healthcare Services Group, Inc.(a)         737,435
92,933   Quad/Graphics, Inc.         934,906
13,162   TriNet Group, Inc.         925,157
241,164   Vestis Corporation(a)         3,016,961
             

7,914,698

    CONSUMER SERVICES - 0.1%      
39,850   Coursera, Inc.(a)         259,822
             

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    E-COMMERCE DISCRETIONARY - 0.3%      
55,791   Figs, Inc., Class A(a)       $ 855,834
             
    ELECTRIC UTILITIES - 1.5%      
13,901   Ameren Corporation         1,473,646
8,517   Consolidated Edison, Inc.         911,489
2,389   Constellation Energy Corporation         656,426
8,579   Vistra Corporation         1,178,497
             

4,220,058

    ELECTRICAL EQUIPMENT - 7.5%      
7,227   Advanced Energy Industries, Inc.         2,000,867
26,753   Allient, Inc.         2,515,050
16,219   Amphenol Corporation, A         2,571,522
2,494   Argan, Inc.         1,059,925
2,798   Bloom Energy Corporation, Class A(a)         577,227
17,366   Fortive Corporation         1,021,815
2,913   Hubbell, Inc.         1,319,589
4,717   Littelfuse, Inc.         1,944,253
11,016   nVent Electric PLC         1,660,662
9,182   Powell Industries, Inc.         1,650,281
1,911   Rockwell Automation, Inc.         811,086
4,756   SPX Technologies, Inc.(a)         935,743
19,201   Trimble, Inc.(a)         1,150,908
4,251   Vertiv Holdings Company, Class A         1,099,819
             

20,318,747

    ENGINEERING & CONSTRUCTION - 5.1%      
1,766   Comfort Systems USA, Inc.         2,729,565
5,556   EMCOR Group, Inc.         4,081,105
9,087   MasTec, Inc.(a)         2,178,881
4,296   MYR Group, Inc.(a)         1,251,940
2,068   Quanta Services, Inc.         1,255,462
3,953   Sterling Infrastructure, Inc.(a)         1,858,187
21,239   Tetra Tech, Inc.         767,577
             

14,122,717

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    ENTERTAINMENT CONTENT - 0.4%      
5,026   Take-Two Interactive Software, Inc.(a)       $ 1,104,212
             
    FOOD - 1.2%      
71,858   The Kraft Heinz Company         1,844,594
25,978   Tyson Foods, Inc., Class A         1,432,427
             

3,277,021

    GAMING REIT - 0.5%      
30,235   Gaming and Leisure Properties, Inc.         1,271,986
             
    GAS & WATER UTILITIES - 0.7%      
43,619   NiSource, Inc.         1,784,889
             
    HEALTH CARE FACILITIES & SERVICES - 2.4%      
99,591   LifeStance Health Group, Inc.(a)         1,230,945
2,236   McKesson Corporation         1,979,575
14,994   PACS Group Inc(a)         634,396
43,542   Pediatrix Medical Group, Inc.(a)         1,142,107
107,601   Surgery Partners, Inc.(a)         1,494,578
             

6,481,601

    HOME CONSTRUCTION - 1.1%      
7,462   DR Horton, Inc.         1,078,707
48,407   Interface, Inc.         1,835,593
             

2,914,300

    HOTEL REIT - 0.6%      
97,171   Pebblebrook Hotel Trust         1,760,739
             
    INDUSTRIAL INTERMEDIATE PROD - 0.5%      
18,432   Proto Labs, Inc.(a)         1,475,666
             
    INDUSTRIAL SUPPORT SERVICES - 1.4%      
14,183   ADI Global Distribution, Inc.(a)         310,182
6,981   DXP Enterprises, Inc.(a)         1,310,543
13,579   Fastenal Company         669,580
28,682   Resideo Technologies, Inc.(a)         555,284

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    INDUSTRIAL SUPPORT SERVICES - 1.4% (Continued)      
5,151   VSE Corporation       $ 1,074,911
             

3,920,500

    INSTITUTIONAL FINANCIAL SERVICES - 3.2%      
6,837   Cboe Global Markets, Inc.         2,052,467
4,092   Evercore, Inc., Class A         1,172,072
15,359   Northern Trust Corporation         2,850,016
4,229   State Street Corporation         809,346
25,968   StoneX Group, Inc.(a)         1,778,289
             

8,662,190

    INSURANCE - 4.5%      
8,194   Allstate Corporation (The)         2,112,413
232,635   Ambac Financial Group, Inc.(a)         1,014,289
7,438   Arch Capital Group Ltd.(a)         729,445
4,505   Assurant, Inc.         1,269,779
12,746   Employers Holdings, Inc.         625,701
18,632   Lemonade, Inc.(a)         973,149
11,644   Mercury General Corporation         1,187,222
3,726   Primerica, Inc.         1,071,784
4,000   RenaissanceRe Holdings Ltd.         1,310,560
37,230   United Fire Group, Inc.         2,005,580
             

12,299,922

    INTERNET MEDIA & SERVICES - 1.1%      
8,712   Expedia Group, Inc.         2,762,749
             
    LEISURE FACILITIES & SERVICES - 0.8%      
6,574   Brinker International, Inc.(a)         1,502,159
12,209   Dutch Bros, Inc., Class A(a)         596,532
             

2,098,691

    LEISURE PRODUCTS - 1.3%      
19,816   Amer Sports, Inc.(a)         605,379
101,223   Callaway Golf Company(a)         1,590,213
23,022   Polaris, Inc.         1,485,840
             

3,681,432

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    MACHINERY - 0.9%      
6,612   Watts Water Technologies, Inc., Class A       $ 2,418,339
             
    MEDICAL EQUIPMENT & DEVICES - 3.7%      
24,927   Dexcom, Inc.(a)         2,269,853
9,293   ICU Medical, Inc.(a)         1,607,224
6,080   Illumina, Inc.(a)         1,298,870
170,381   Myriad Genetics, Inc.(a)         548,627
21,505   Omnicell, Inc.(a)         756,116
14,574   Solventum Corporation(a)         1,327,108
40,299   STAAR Surgical Company(a)         910,354
86,091   Varex Imaging Corporation(a)         1,591,823
             

10,309,975

    METALS & MINING - 1.0%      
40,743   Constellium S.E.(a)         1,076,837
86,869   Hecla Mining Company         1,726,088
             

2,802,925

    MULTI ASSET CLASS REIT - 0.7%      
28,493   WP Carey, Inc.         1,993,370
             
    OIL & GAS PRODUCERS - 2.0%      
14,921   Occidental Petroleum Corporation         897,946
18,670   PBF Energy, Inc., Class A         1,362,723
9,082   Phillips 66         2,239,440
3,319   Valero Energy Corporation         1,191,255
             

5,691,364

    OIL & GAS SERVICES & EQUIPMENT - 0.7%      
23,244   TechnipFMC plc         1,816,519
             
    PUBLISHING & BROADCASTING - 0.4%      
16,881   New York Times Company (The), Class A         1,135,585
             
    REAL ESTATE SERVICES - 0.5%      
90,099   Newmark Group, Inc., Class A         1,372,208
             

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    RETAIL - CONSUMER STAPLES - 0.5%      
5,484   BJ's Wholesale Club Holdings, Inc.(a)       $ 497,125
6,470   Dollar Tree, Inc.(a)         819,037
             

1,316,162

    RETAIL - DISCRETIONARY - 1.5%      
9,499   Advance Auto Parts, Inc.         400,668
20,935   Carvana Company(a)         1,537,885
6,621   Ferguson Enterprises, Inc.         1,486,481
1,383   Ulta Beauty, Inc.(a)         742,809
             

4,167,843

    SEMICONDUCTORS - 3.5%      
16,645   Ambarella, Inc.(a)         1,154,830
7,791   Entegris, Inc.         1,054,044
6,415   FormFactor, Inc.(a)         645,413
34,131   Kulicke & Soffa Industries, Inc.         2,732,529
17,647   MaxLinear, Inc., Class A(a)         1,057,232
6,233   Microchip Technology, Inc.         457,814
85,310   Navitas Semiconductor Corporation(a)         988,743
4,324   Semtech Corporation(a)         574,919
1,663   SiTime Corporation(a)         940,293
             

9,605,817

    SOFTWARE - 8.3%      
69,009   Alignment Healthcare, Inc.(a)         924,721
155,597   Asana, Inc., Class A(a)         1,596,425
18,458   CommVault Systems, Inc.(a)         2,538,344
4,373   Datadog, Inc., Class A(a)         1,036,576
12,986   DocuSign, Inc.(a)         860,582
2,934   Donnelley Financial Solutions, Inc.(a)         141,712
55,076   Dropbox, Inc., Class A(a)         1,938,124
4,021   Duolingo, Inc.(a)         596,556
12,841   Five9, Inc.(a)         443,785
8,327   Fortinet, Inc.(a)         1,423,334
127,014   Freshworks, Inc., Class A(a)         1,768,035
16,432   Hinge Health, Inc.(a)         1,520,946
67,845   PagerDuty, Inc.(a)         959,328

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    SOFTWARE - 8.3% (Continued)      
4,229   PTC, Inc.(a)       $ 658,624
8,954   Q2 Holdings, Inc.(a)         582,368
6,464   Qualys, Inc.(a)         1,203,209
5,046   Snowflake, Inc., Class A(a)         1,672,396
29,010   Teradata Corporation(a)         841,290
16,228   Unity Software, Inc.(a)         683,199
14,706   Zoom Video Communications, Inc.(a)         1,421,776
             

22,811,330

    SPECIALTY FINANCE - 1.6%      
16,860   Bread Financial Holdings, Inc.         1,761,364
1,645   Credit Acceptance Corporation(a)         986,572
76,008   Happen, Inc.(a)         1,336,221
15,724   LendingTree, Inc.(a)         440,901
             

4,525,058

    SPECIALTY REIT - 1.3%      
31,387   EPR Properties         1,842,731
75,164   Postal Realty Trust, Inc., Class A         1,762,596
             

3,605,327

    STEEL - 1.9%      
4,786   Carpenter Technology Corporation         2,280,146
18,922   Northwest Pipe Company(a)         2,079,906
3,833   Nucor Corporation         956,870
             

5,316,922

    TECHNOLOGY HARDWARE - 6.7%      
15,323   Arista Networks, Inc.(a)         2,998,558
11,224   Arrow Electronics, Inc.(a)         2,294,522
11,444   Corning, Inc.         1,702,066
14,622   Credo Technology Group Holding Ltd.(a)         3,307,350
10,913   CTS Corporation         616,257
3,423   Garmin Ltd.         972,509
19,195   Knowles Corporation(a)         656,085
1,456   Lumentum Holdings, Inc.(a)         1,331,891
2,877   Sanmina Corporation(a)         565,963
59,731   Sonos, Inc.(a)         931,804

 

 
 

 

ZACKS SMALL/MID CAP ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 98.0% (Continued)      
    TECHNOLOGY HARDWARE - 6.7% (Continued)      
2,153   Ubiquiti, Inc.       $ 1,270,313
3,875   Western Digital Corporation         1,745,881
             

18,393,199

    TECHNOLOGY SERVICES - 2.5%      
14,232   Affirm Holdings, Inc., Class A(a)         1,059,572
1,879   Corpay, Inc.(a)         759,680
19,348   MAXIMUS, Inc.         1,117,734
94,251   Remitly Global, Inc.(a)         2,520,272
10,946   Science Applications International Corporation         1,403,496
             

6,860,754

    TRANSPORTATION & LOGISTICS - 2.5%      
8,966   CH Robinson Worldwide, Inc.         1,341,852
13,938   Expeditors International of Washington, Inc.         2,643,341
25,687   International Seaways, Inc.         2,533,766
3,915   United Airlines Holdings, Inc.(a)         422,781
             

6,941,740

    TRANSPORTATION EQUIPMENT - 0.9%      
1,712   Cummins, Inc.         966,253
5,158   Westinghouse Air Brake Technologies Corporation         1,474,827
             

2,441,080

    WHOLESALE - CONSUMER STAPLES - 1.1%      
19,055   Archer-Daniels-Midland Company         1,548,981
35,636   United Natural Foods, Inc.(a)         1,562,995
             

3,111,976

               
    TOTAL COMMON STOCKS (Cost $234,676,322)    

  269,073,399

               
    TOTAL INVESTMENTS - 98.0% (Cost $234,676,322)     $ 269,073,399
    OTHER ASSETS IN EXCESS OF LIABILITIES- 2.0%    

5,395,293

    NET ASSETS - 100.0%        

$ 274,468,692

           
 

Ltd – Limited Company

PLC – Public Limited Company

REIT – Real Estate Investment Trust

 

 

 

 

 

 

 

 

 

(a) Non-income producing security.

 

 
 

 

ZACKS FOCUS GROWTH ETF
SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.6%      
    AEROSPACE & DEFENSE - 3.2%      
2,574   ATI, Inc.(a)       $ 525,611
6,111   General Electric Company         2,051,524
4,981   Howmet Aerospace, Inc.         1,220,096
             

3,797,231

    AUTOMOTIVE - 3.6%      
11,160   Tesla, Inc.(a)         4,106,322
             
    BEVERAGES - 1.6%      
13,424   Coca-Cola Company (The)         1,190,306
14,091   Monster Beverage Corporation(a)         647,059
             

1,837,365

    BIOTECH & PHARMA - 5.0%      
6,589   AbbVie, Inc.         1,689,551
3,532   Eli Lilly & Company         4,085,571
             

5,775,122

    E-COMMERCE DISCRETIONARY - 4.9%      
22,370   Amazon.com, Inc.(a)         5,811,055
             
    ELECTRICAL EQUIPMENT - 2.3%      
12,729   Amphenol Corporation, A         2,018,183
2,960   Bloom Energy Corporation, Class A(a)         610,648
             

2,628,831

    ENGINEERING & CONSTRUCTION - 1.6%      
2,568   EMCOR Group, Inc.         1,886,299
             
    HEALTH CARE FACILITIES & SERVICES - 2.5%      
6,960   Cardinal Health, Inc.         1,632,955
3,986   Cencora, Inc.         1,289,870
             

2,922,825

    INDUSTRIAL INTERMEDIATE PROD - 1.1%      
2,455   RBC Bearings, Inc.(a)         1,213,408
             
    INTERNET MEDIA & SERVICES - 11.5%      
24,815   Alphabet, Inc., Class A         8,420,971

 

 
 

 

ZACKS FOCUS GROWTH ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.6% (Continued)      
    INTERNET MEDIA & SERVICES - 11.5% (Continued)      
5,673   Meta Platforms, Inc., Class A       $ 3,246,885
9,279   Roku, Inc.(a)         1,456,153
             

13,124,009

    MEDICAL EQUIPMENT & DEVICES - 0.8%      
2,397   Intuitive Surgical, Inc.(a)         903,333
             
    OIL & GAS PRODUCERS - 0.8%      
3,922   Phillips 66         967,087
             
    RETAIL - CONSUMER STAPLES - 2.9%      
2,933   Costco Wholesale Corporation         2,768,429
6,096   Walmart, Inc.         639,288
             

3,407,717

    RETAIL - DISCRETIONARY - 2.3%      
2,693   Home Depot, Inc. (The)         882,846
3,900   Ross Stores, Inc.         891,306
6,211   TJX Companies, Inc. (The)         831,715
             

2,605,867

    SEMICONDUCTORS - 27.0%      
4,752   Advanced Micro Devices, Inc.(a)         2,236,861
2,365   Applied Materials, Inc.         1,084,092
17,007   Broadcom, Inc.         6,298,372
9,493   Lam Research Corporation         2,862,045
7,347   Marvell Technology, Inc.         1,555,066
5,116   Micron Technology, Inc.         4,904,863
51,579   NVIDIA Corporation         11,387,611
2,672   Texas Instruments, Inc.         697,152
             

31,026,062

    SOFTWARE - 10.8%      
4,491   Fortinet, Inc.(a)         767,647
16,995   Microsoft Corporation         8,621,393
4,959   Oracle Corporation         739,486
12,804   Palantir Technologies, Inc., Class A(a)         2,386,410
             

12,514,936

 

 
 

 

ZACKS FOCUS GROWTH ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.6% (Continued)      
    TECHNOLOGY HARDWARE - 14.2%      
36,302   Apple, Inc.       $ 11,502,288
3,667   Arista Networks, Inc.(a)         717,595
6,670   Dell Technologies, Inc., Class C         3,041,586
2,576   Western Digital Corporation         1,160,617
             

16,422,086

    TECHNOLOGY SERVICES - 3.5%      
3,066   Mastercard, Inc., Class A         1,806,824
6,006   Visa, Inc., Class A         2,278,497
             

4,085,321

               
    TOTAL COMMON STOCKS (Cost $102,024,346)    

  115,034,876

               
    TOTAL INVESTMENTS - 99.6% (Cost $102,024,346)     $ 115,034,876
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.4%    

475,704

    NET ASSETS - 100.0%        

$ 115,510,580

           
               
 

 

 

 

(a) Non-income producing security.

 

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0%      
    Australia - 3.4%      
12,465   Australia & New Zealand Banking Group Ltd.(a)       $ 332,352
16,813   BHP Group Ltd.(a)         798,111
5,058   Commonwealth Bank of Australia         579,683
1,519   Macquarie Group Ltd.         272,826
10,208   National Australia Bank Ltd.         282,637
10,462   QBE Insurance Group Ltd.(a)         166,918
3,393   Wesfarmers Ltd.(a)         193,191
12,078   Westpac Banking Corporation         299,093
9,436   Woodside Energy Group Ltd.         219,263
             

3,144,074

    Belgium - 1.4%      
8,681   Anheuser-Busch InBev S.A.         688,670
2,472   KBC Group N.V.(a)         376,243
1,044   UCB S.A.         261,152
             

1,326,065

    Bermuda - 0.1%      
2,247   Jardine Matheson Holdings Ltd.         132,371
             
    Denmark - 1.2%      
55   AP Moller - Maersk A/S - Series B         184,105
9,927   Novo Nordisk A/S, Class B(a)         451,080
6,352   Orsted A/S(b)         134,199
9,922   Vestas Wind Systems A/S(a)         329,659
             

1,099,043

    Finland - 1.9%      
10,491   Metso Outotec OYJ         217,085
10,654   Neste OYJ         394,620
36,824   Nokia OYJ(a)         373,417
38,093   Nordea Bank Abp         779,607
             

1,764,729

    France - 7.6%      
2,099   Air Liquide S.A.         413,459
5,803   AXA SA(a)         290,588
6,379   BNP Paribas S.A.(a)         761,744

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    France - 7.6% (Continued)      
3,294   Bouygues S.A.       $ 169,235
8,900   Carrefour S.A.(a)         162,086
2,258   Danone S.A.(a)         168,635
25,701   Engie S.A.(a)         734,570
847   EssilorLuxottica S.A.         157,798
91   Hermes International S.C.A.         167,156
1,031   Legrand S.A.         163,568
717   L'Oreal S.A.         320,472
759   LVMH Moet Hennessy Louis Vuitton S.E.         399,738
1,810   Safran S.A.(a)         708,691
3,454   Sanofi S.A.(a)         308,240
2,019   Schneider Electric S.E.(a)         691,062
5,751   Societe Generale S.A.(a)         485,431
8,222   TotalEnergies S.E.(a)         721,515
2,098   Vinci S.A.(a)         275,809
             

7,099,797

    Germany - 7.9%      
1,502   Allianz S.E.(a)         786,687
4,440   BASF S.E.(a)         273,302
4,121   Bayer A.G.(a)         234,802
733   Deutsche Boerse A.G.(a)         245,270
5,311   Deutsche Post A.G.(a)         346,415
11,030   Deutsche Telekom A.G.(a)         363,694
22,184   E.ON S.E.         458,784
6,435   Infineon Technologies A.G.(a)         420,851
1,233   Knorr-Bremse A.G. 144A(c)         151,278
403   Muenchener Rueckversicherungs-Gesellschaft A.G.         242,914
112   Rheinmetall A.G.         144,545
2,758   RWE A.G.         187,904
4,625   SAP S.E.(a)         1,025,807
4,798   Siemens A.G.(a)         1,592,087
5,323   Siemens Energy A.G.(a)         879,312
             

7,353,652

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    Italy - 3.7%      
9,999   Assicurazioni Generali SpA(a)       $ 517,783
35,819   Enel SpA(a)         392,066
14,430   Eni SpA(a)         390,718
139,244   Intesa Sanpaolo SpA(a)         1,098,323
3,985   Prysmian SpA         556,520
4,953   UniCredit SpA(a)         484,194
             

3,439,604

    Japan - 24.6%      
3,645   Advantest Corporation         768,686
8,936   Asics Corporation         251,714
16,386   Astellas Pharma, Inc.(a)         243,247
6,149   Capcom Company Ltd.         164,355
8,578   Central Japan Railway Company         213,493
7,209   Chugai Pharmaceutical Company Ltd.         311,955
9,851   Daifuku Company Ltd.         357,898
16,483   Daiichi Life Group, Inc.         189,693
1,239   Disco Corporation         450,763
9,196   East Japan Railway Company         206,136
7,986   FANUC Corporation         302,687
1,666   Fast Retailing Company Ltd.         755,552
16,362   Fujikura Ltd.         563,722
18,611   Hitachi Ltd.         633,519
2,844   Hoya Corporation         437,941
8,663   Inpex Corporation         214,578
32,458   ITOCHU Corporation(a)         428,295
5,849   Japan Tobacco, Inc.         253,910
12,579   KDDI Corporation(a)         233,032
1,916   Kioxia Holdings Corporation(a),(b)         599,556
16,169   Marubeni Corporation         498,775
26,375   Mitsubishi Corporation(a)         793,134
18,903   Mitsubishi Electric Corporation         660,853
8,328   Mitsubishi Estate Company Ltd.         197,835
25,674   Mitsubishi Heavy Industries Ltd         625,004
36,328   Mitsubishi UFJ Financial Group, Inc.(a)         836,836

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    Japan - 24.6% (Continued)      
29,385   Mitsui & Company Ltd.       $ 921,357
23,182   Mizuho Financial Group, Inc.(a)         1,251,296
11,181   Murata Manufacturing Company Ltd. - Series F(a)         503,293
3,043   Nintendo Company Ltd.(a)         172,272
2,786   Otsuka Holdings Company Ltd.         213,633
31,205   Panasonic Holdings Corporation(a)         878,606
11,292   Recruit Holdings Company Ltd.         1,287,511
13,660   Renesas Electronics Corporation(a)         290,040
9,976   Shin-Etsu Chemical Company Ltd.(a)         376,115
15,515   SoftBank Group Corporation         505,017
8,972   Sompo Holdings, Inc.         384,707
17,049   Sony Group Corporation(a)         428,592
26,998   Sumitomo Corporation         302,761
49,416   Sumitomo Electric Industries Ltd.         687,016
14,880   Sumitomo Mitsui Financial Group, Inc.(a)         649,678
7,896   Takeda Pharmaceutical Company Ltd.         284,943
15,539   TDK Corporation         299,394
7,547   Tokio Marine Holdings, Inc.         364,092
1,837   Tokyo Electron Ltd.         649,004
5,124   Tokyo Gas Company Ltd.         198,413
46,776   Toyota Motor Corporation         924,084
             

22,764,993

    Jersey - 0.8%      
91,730   Glencore plc(a)         740,263
             
    Luxembourg - 1.1%      
11,462   ArcelorMittal S.A.(a)         853,624
5,231   Tenaris S.A.         145,437
             

999,061

    Netherlands - 7.0%      
7,444   ABN AMRO Bank N.V. 144A(c)         360,740
1,327   AerCap Holdings N.V.         193,662
1,781   Airbus S.E.         408,138
653   Argenx S.E.(a),(b)         664,304

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    Netherlands - 7.0% (Continued)      
351   ASM International N.V.       $ 329,509
1,849   ASML Holding N.V.(a)         3,118,832
23,347   ING Groep N.V.(a)         826,924
3,401   Prosus N.V.(a)         151,459
9,190   STMicroelectronics N.V.         459,286
             

6,512,854

    Norway - 0.2%      
5,271   Equinor ASA         225,320
             
    Singapore - 3.1%      
20,993   DBS Group Holdings Ltd.(a)         1,278,308
21,167   Oversea-Chinese Banking Corp Ltd.         524,887
30,322   Singapore Exchange Ltd.         608,301
131,045   Singapore Telecommunications Ltd.         468,055
             

2,879,551

    Spain - 5.8%      
2,028   ACS Actividades de Construccion y Servicios S.A.         240,570
11,928   Aena SME S.A. 144A(c)         366,141
41,100   Banco Bilbao Vizcaya Argentaria S.A.(a)         1,195,228
52,011   Banco Santander S.A.(a)         765,269
51,382   CaixaBank S.A.(a)         785,625
11,161   Endesa S.A.         545,926
34,517   Iberdrola S.A.         805,276
5,038   Industria de Diseno Textil S.A.(a)         339,496
10,412   Repsol S.A.(a)         329,647
             

5,373,178

    Sweden - 2.8%      
14,572   Atlas Copco A.B., Class A         313,439
3,538   Boliden A.B.         208,576
6,307   Epiroc A.B.         174,253
2,499   Saab A.B.         165,146
7,698   Sandvik A.B.         308,978
4,739   Swedbank A.B., Class A         186,154
23,274   Telefonaktiebolaget LM Ericsson, Class B(a)         235,046

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    Sweden - 2.8% (Continued)      
83,601   Telia Company A.B.       $ 380,945
18,088   Volvo A.B., B SHARES(a)         653,859
             

2,626,396

    Switzerland - 7.9%      
6,309   ABB Ltd.(a)         616,609
2,976   Coca-Cola HBC A.G.         184,276
3,338   Compagnie Financiere Richemont S.A.(a)         793,503
1,706   Galderma Group A.G. 144A(c)         354,366
5,587   Holcim A.G.(a)         491,025
8,917   Nestle S.A.(a)         869,515
8,163   Novartis A.G.(a)         1,244,784
3,859   Roche Holding A.G.(a)         1,684,323
5,164   Sandoz Group A.G.(a)         433,916
1,465   Straumann Holding A.G.         170,187
969   Swiss Re A.G.(a)         168,491
513   Zurich Insurance Group A.G.         376,098
             

7,387,093

    United Kingdom - 16.5%      
7,676   Anglo American plc         443,998
5,762   AstraZeneca PLC(a)         934,518
12,895   BAE Systems PLC (a)         357,127
59,723   Barclays PLC(a)         401,895
71,591   BP PLC(a)         499,073
21,423   British American Tobacco PLC (a)         1,198,520
13,071   Compass Group PLC(a)         400,626
19,174   GSK PLC (a)         481,532
4,266   Halma PLC         209,936
115,706   HSBC Holdings PLC(a)         2,396,145
545,444   Lloyds Banking Group PLC         812,579
1,943   London Stock Exchange Group PLC         236,938
56,047   National Grid PLC(a)         888,502
84,630   NatWest Group PLC(a)         779,058
14,100   Prudential PLC         194,485
5,456   RELX PLC         197,529

 

 
 

 

ZACKS QUALITY INTERNATIONAL ETF
 SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.0% (Continued)      
    United Kingdom - 16.5% (Continued)      
7,725   Rio Tinto PLC(a)       $ 803,231
50,364   Rolls-Royce Holdings plc(a)         1,044,211
31,154   Shell plc(a)         1,411,774
5,259   SSE PLC(a)         174,507
23,873   Standard Chartered PLC         704,183
6,174   Unilever PLC         399,532
178,818   Vodafone Group plc         286,990
             

15,256,889

               
    TOTAL COMMON STOCKS (Cost $80,034,573)    

  90,124,933

               
    TOTAL INVESTMENTS - 97.0% (Cost $80,034,573)     $ 90,124,933
    OTHER ASSETS IN EXCESS OF LIABILITIES- 3.0%    

2,799,895

    NET ASSETS - 100.0%        

$ 92,924,828

           

 

A/S - Aktieselskab

 

A.B. - Aktiebolag

 

Abp - Asset Business Plan

 

A.G. - Aktiengesellschaft

 

ASA - Allmennaksjeselskap

 

Inc. - Incorporated

 

Ltd. - Limited Company

 

N.V. - Naamloze Vennootschap

 

OYJ - Julkinen osakeyhtiö

 

plc - Public Limited Company

 

S.A. - Société Anonyme

 

S.C.A. - Société en Commandite par Actions

 

S.E. - Structured entity

 

SpA - Società per Azioni

 

 

 

 

(a) The value of this security has been determined in good faith under policies of the Board of Trustees.
(b) Non-income producing security.
(c) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of August 31, 2026 the total market value of 144A securities is 1,232,525 or 1.3% of net assets.

 

 

 

 

 
 

 

ZACKS PREFERRED INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Principal Amount ($)       Spread Coupon Rate (%) Maturity Fair Value
    CORPORATE BONDS — 95.5%      
    ASSET MANAGEMENT — 8.7%      
240,000   Charles Schwab Corporation (The)(a) H15T5Y + 2.250% 6.1000 09/01/74 $ 236,864
215,000   Voya Financial, Inc.(a) H15T5Y + 3.358% 7.7500 09/15/68   222,943
              459,807
    AUTOMOTIVE — 4.1%      
215,000   General Motors Financial Company, Inc.(a) US0003M + 3.436% 6.5000 03/30/73   215,910
             
    BANKING — 42.0%      
130,000   Bank of America Corporation(a) H15T5Y + 2.351% 6.2500 07/26/73   130,249
105,000   Bank of America Corporation(a) H15T5Y + 2.684% 6.6250 08/01/73   107,756
90,000   Citigroup, Inc.(a) H15T5Y + 3.211% 7.6250 02/15/72   94,213
80,000   Citigroup, Inc.(a) H15T5Y + 3.209% 7.3750 08/15/73   82,349
30,000   Citigroup, Inc.(a) H15T5Y + 2.693% 7.1250 05/15/74   30,702
30,000   Citigroup, Inc.(a) H15T5Y + 2.905% 7.2000 08/15/74   30,822
70,000   Citizens Financial Group, Inc.  Series C(a) TSFR3M + 3.419% 7.1690 01/07/68   70,288
75,000   Citizens Financial Group, Inc.(a) TSFR3M + 3.265% 7.0150 01/07/75   75,242
80,000   Citizens Financial Group, Inc.(a) H15T5Y + 2.379% 6.7500 07/06/76   79,210
130,000   CoBank ACB(a) H15T5Y + 2.620% 6.7500 10/01/75   130,219
240,000   First Citizens BancShares, Inc.(a) H15T5Y + 3.301% 7.0000 03/15/75   242,517
220,000   Huntington Bancshares, Inc.(a) H15T5Y + 2.653% 6.2500 01/15/74   221,746
30,000   JPMorgan Chase & Company  Series CC(a) US0003M + 2.580% 4.6250 05/01/66   30,111
115,000   JPMorgan Chase & Company(a) H15T5Y + 2.737% 6.8750 03/01/74   119,320
55,000   JPMorgan Chase & Company(a) H15T5Y + 2.152% 6.5000 04/01/74   55,914
30,000   JPMorgan Chase & Company(a) H15T5Y + 2.080% 6.1000 07/01/74   30,062
10,000   KeyCorp Capital III   7.7500 07/15/29   10,474
45,000   M&T Bank Corporation  Series F(a) US0003M + 3.520% 5.1250 12/29/49   45,131
55,000   PNC Financial Services Group, Inc. (The)(a) H15T5Y + 3.238% 6.2000 12/15/72   55,510
120,000   PNC Financial Services Group, Inc. (The)(a) H15T7Y + 2.808% 6.2500 06/15/73   121,978
90,000   Truist Financial Corporation  Series N(a) H15T5Y + 3.003% 6.6690 03/01/73   90,328
150,000   Truist Financial Corporation(a) H15T5Y + 2.129% 6.2500 05/15/76   148,585
10,000   US Bancorp(a) SOFRRATE +2.914% 5.3000 12/29/49   9,990
115,000   Wells Fargo & Company(a) H15T5Y + 3.606% 7.6250 09/15/73   119,778
85,000   Wells Fargo & Company(a) H15T5Y + 2.767% 6.8500 07/15/74   87,771
              2,220,265
           

 

 
 

 

ZACKS PREFERRED INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Principal Amount ($)       Spread Coupon Rate (%) Maturity Fair Value
    CORPORATE BONDS — 95.5% (Continued)      
    ELECTRIC UTILITIES — 6.4%      
100,000   American Electric Power Company, Inc.(a) H15T5Y + 2.750% 7.0500 12/15/54 $ 103,872
30,000   Dominion Energy, Inc.(a) H15T5Y + 2.511% 7.0000 06/01/54   31,219
50,000   Dominion Energy, Inc.(a) H15T5Y + 2.386% 6.8750 02/01/55   50,904
80,000   Dominion Energy, Inc.(a) H15T5Y + 2.207% 6.6250 05/15/55   80,581
40,000   Duke Energy Corporation(a) H15T5Y + 2.588% 6.4500 09/01/54   40,936
30,000   Southern Company (The)  Series 2025-B(a) H15T5Y + 2.069% 6.3750 03/15/55   30,175
              337,687
    GAS & WATER UTILITIES — 0.4%      
20,000   NiSource, Inc.(a) H15T5Y + 2.451% 6.9500 11/30/54   20,565
             
    INSTITUTIONAL FINANCIAL SERVICES — 17.5%      
170,000   Bank of New York Mellon Corporation (The)(a) H15T5Y + 2.297% 6.3000 03/20/74   173,752
50,000   Bank of New York Mellon Corporation (The)(a) H15T5Y + 1.868% 6.1500 12/20/75   49,880
45,000   Goldman Sachs Group, Inc. (The)(a) H15T5Y + 3.156% 7.5000 08/18/70   46,864
135,000   Goldman Sachs Group, Inc. (The)(a) H15T5Y + 2.809% 7.5000 11/10/72   139,943
60,000   Goldman Sachs Group, Inc. (The)(a) H15T5Y + 2.461% 6.8500 01/24/75   61,530
220,000   Morgan Stanley(a)   5.8750 03/15/75   218,617
45,000   State Street Corporation(a) H15T5Y + 2.613% 6.7000 03/15/74   46,064
50,000   State Street Corporation(a) H15T5Y + 2.135% 6.4500 06/15/74   50,441
45,000   State Street Corporation(a) H15T5Y + 2.628% 6.7000 12/15/74   46,340
90,000   State Street Corporation(a) H15T5Y + 2.023% 6.3500 12/15/75   89,665
              923,096
    INSURANCE — 4.9%      
160,000   Corebridge Financial, Inc.(a) H15T5Y + 3.181% 6.8750 12/01/74   166,024
90,000   MetLife, Inc.(a) US0003M + 2.959% 5.8750 09/15/66   90,963
              256,987
    SPECIALTY FINANCE — 9.5%      
220,000   Ally Financial, Inc.(a) H15T5Y + 3.148% 7.1000 08/15/74   222,637
230,000   American Express Company(a) H15T5Y + 2.119% 6.4500 09/15/75   231,742
45,000   Capital One Financial Corporation(a),(b) TSFR3M + 3.338% 5.5000 10/30/73   45,009
              499,388

 

 
 

 

ZACKS PREFERRED INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Principal Amount ($)       Spread Coupon Rate (%) Maturity Fair Value
    CORPORATE BONDS — 95.5% (Continued)      
    TELECOMMUNICATIONS — 2.0%      
100,000   Verizon Communications, Inc.(a) H15T5Y + 2.042% 6.2000          05/14/56   $ 96,801
10,000   Verizon Communications, Inc.(a) H15T5Y + 1.813% 6.0500          05/14/58                   9,767
                                         106,568
  TOTAL CORPORATE BONDS (Cost $5,043,875)    

5,040,273

             
    TOTAL INVESTMENTS - 95.5% (Cost $5,043,875)     $ 5,040,273
    OTHER ASSETS IN EXCESS OF LIABILITIES- 4.5%    

238,227

    NET ASSETS - 100.0%        

$ 5,278,500

           
     
H15T5Y US Treasury Yield Curve Rate T Note Constant Maturity 5 Year  
H15T7Y US Treasury Yield Curve Rate T Note Constant Maturity 7 Year  
SOFRRATE United States SOFR Secured Overnight Financing Rate  
TSFR3M Three Month Term Secured Overnight Financing Rate  
US0003M ICE LIBOR USD 3 Month  

 

 

 

 

(a) Variable rate security; the rate shown represents the rate on August 31, 2026.
(b) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

 

 

 
 

 

ZACKS INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.3%      
    ASSET MANAGEMENT - 4.5%      
4,343   Invesco Ltd.       $ 142,364
2,513   T Rowe Price Group, Inc.         279,646
             

422,010

    AUTOMOTIVE - 2.4%      
16,091   Ford Motor Company         224,309
             
    BANKING - 15.1%      
4,615   Fifth Third Bancorp         248,149
1,120   JPMorgan Chase & Company         398,742
9,592   KeyCorporation         207,283
4,060   Regions Financial Corporation         121,313
3,598   Truist Financial Corporation         178,389
5,236   United Bankshares, Inc.         246,773
             

1,400,649

    BIOTECH & PHARMA - 3.6%      
807   Gilead Sciences, Inc.         118,096
7,390   Pfizer, Inc.         210,320
             

328,416

    CHEMICALS - 2.8%      
2,914   FMC Corporation         33,598
2,386   Huntsman Corporation         22,858
3,126   LyondellBasell Industries N.V., Class A         203,441
             

259,897

    COMMERCIAL SUPPORT SERVICES - 0.9%      
1,533   H&R Block, Inc.         79,179
             
    CONTAINERS & PACKAGING - 0.9%      
2,193   International Paper Company         83,180
             
    ELECTRIC UTILITIES - 17.6%      
560   Black Hills Corporation         40,141
4,167   Edison International         224,935
1,365   Entergy Corporation         145,113
2,745   Eversource Energy         192,534

 

 
 

 

ZACKS INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.3% (Continued)      
    ELECTRIC UTILITIES - 17.6% (Continued)      
3,152   FirstEnergy Corporation       $ 144,551
1,155   NextEra Energy, Inc.         95,103
4,589   Northwestern Energy Group, Inc.         317,374
140   NRG Energy, Inc.         15,417
2,732   Pinnacle West Capital Corporation         266,752
2,835   PPL Corporation         96,759
1,144   Public Service Enterprise Group, Inc.         83,890
             

1,622,569

    FOOD - 4.8%      
10,947   Conagra Brands, Inc.         175,371
6,566   General Mills, Inc.         270,519
             

445,890

    GAS & WATER UTILITIES - 3.0%      
1,190   New Jersey Resources Corporation         63,475
700   Southwest Gas Holdings, Inc.         61,831
3,917   UGI Corporation         150,608
             

275,914

    HEALTH CARE FACILITIES & SERVICES - 1.9%      
1,890   CVS Health Corporation         177,490
             
    HOME & OFFICE PRODUCTS - 0.2%      
350   Whirlpool Corporation         14,294
             
    HOUSEHOLD PRODUCTS - 1.9%      
1,638   Kimberly-Clark Corporation         176,822
             
    INSURANCE - 3.1%      
3,082   Unum Group         287,304
             
    OIL & GAS PRODUCERS - 10.9%      
1,469   Chevron Corporation         302,820
875   ExxonMobil Holdings Corporation         140,831
1,410   HF Sinclair Corporation         143,270
1,470   ONEOK, Inc.         141,135

 

 
 

 

ZACKS INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 97.3% (Continued)      
    OIL & GAS PRODUCERS - 10.9% (Continued)      
770   Valero Energy Corporation       $ 276,368
             

1,004,424

    RETAIL - CONSUMER STAPLES - 1.0%      
564   Target Corporation         90,736
             
    RETAIL - DISCRETIONARY - 3.3%      
1,918   Best Buy Company, Inc.         153,727
1,133   Genuine Parts Company         153,714
             

307,441

    SEMICONDUCTORS - 1.0%      
1,332   Skyworks Solutions, Inc.         89,257
             
    SPECIALTY FINANCE - 2.4%      
1,596   Fidelity National Financial, Inc.         74,134
2,310   OneMain Holdings, Inc.         144,283
             

218,417

    TECHNOLOGY HARDWARE - 3.7%      
1,772   HP, Inc.         53,195
350   Seagate Technology Holdings PLC         289,934
             

343,129

    TELECOMMUNICATIONS - 3.1%      
4,557   AT&T, Inc.         117,981
3,378   Verizon Communications, Inc.         168,967
             

286,948

    TOBACCO & CANNABIS - 5.9%      
6,118   Altria Group, Inc.         418,961
630   Philip Morris International, Inc.         117,999
             

536,960

           

 

 
 

 

ZACKS INCOME ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
August 31, 2026
 
Shares             Fair Value
    WHOLESALE - CONSUMER STAPLES - 3.3%          
2,135   Archer-Daniels-Midland Company            $ 173,554
1,155   Bunge Global S.A.                                      134,223
                                   307,777
               
    TOTAL COMMON STOCKS (Cost $8,943,929)                          8,983,012
               
    TOTAL INVESTMENTS - 97.3% (Cost $8,943,929)     $ 8,983,012
    OTHER ASSETS IN EXCESS OF LIABILITIES- 2.7%    

247,060

    NET ASSETS - 100.0%        

$ 9,230,072

           
                   Ltd.  -   Limited Company          
                   N.V.  -     Naamloze Vennootschap          
                   PLC   -       Public Limited Company          
                   S.A.  -   Société Anonyme