UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-22175

ALPS ETF TRUST

(Exact name of registrant as specified in charter)

1290 Broadway, Suite 1100, Denver, Colorado 80203

(Address of principal executive offices) (Zip code)

Andrea E. Kuchli, Secretary

ALPS ETF Trust

1290 Broadway, Suite 1100

Denver, Colorado 80203

(Name and address of agent for service)

Registrant’s telephone number, including area code: (303) 623-2577

Date of fiscal year end: November 30

Date of reporting period: February 28, 2018

Item 1. Schedule of Investments.

Alerian Energy Infrastructure ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Shares		Value
Canadian Energy Infrastructure Companies (23.85%)
Energy (23.85%)
AltaGas, Ltd.		38,172	$	785,929
Enbridge, Inc.		56,286		1,790,081
Gibson Energy, Inc.		31,885		414,465
Inter Pipeline, Ltd.		84,010		1,460,617
Keyera Corp.		41,965		1,069,401
Pembina Pipeline Corp.		60,909		1,958,467
TransCanada Corp.		44,246		1,913,695
Total Energy				9,392,655
Total Canadian Energy Infrastructure Companies
(Cost $11,417,705)				9,392,655
U.S. Energy Infrastructure Companies (24.74%)
Energy (21.47%)
Kinder Morgan, Inc.		123,276		1,997,071
ONEOK, Inc.		40,926		2,305,362
SemGroup Corp., Class A		88,555		1,965,921
Targa Resources Corp.		48,984		2,187,136
Total Energy				8,455,490
Industrials (3.27%)
Macquarie Infrastructure Corp.		31,824		1,288,872
Total U.S. Energy Infrastructure Companies
(Cost $12,696,755)				9,744,362
U.S. Energy Infrastructure MLPs (24.33%)
Energy (24.33%)
Andeavor Logistics LP		11,986		557,109
Buckeye Partners LP		20,315		910,112
Cheniere Energy Partners LP		2,745		80,484
Energy Transfer Equity LP		121,484		1,883,002
Enterprise Products Partners LP		83,775		2,129,561
EQT GP Holdings LP		881		20,765
Magellan Midstream Partners LP		31,089		1,941,819
MPLX LP		40,742		1,406,821
NuStar GP Holdings LLC		1,751		20,399
Phillips 66 Partners LP		5,184		254,742
Shell Midstream Partners LP		10,925		262,746
Western Gas Equity Partners LP		3,171		115,424
Total Energy				9,582,984
Total U.S. Energy Infrastructure MLPs
(Cost $11,875,714)				9,582,984
U.S. General Partners (24.71%)
Energy (10.37%)
Antero Midstream GP LP		12,510		231,435
EnLink Midstream LLC		21,281		312,831
Plains GP Holdings LP, Class A		53,538		1,113,590
Tallgrass Energy GP LP		19,630		395,544

Security Description			Shares		Value
Energy (continued)
The Williams Cos., Inc.				73,181	$	2,031,505
Total Energy						4,084,905
Utilities (14.34%)
CenterPoint Energy, Inc.				70,760		1,914,058
Dominion Energy, Inc.				25,261		1,871,082
OGE Energy Corp.				59,461		1,863,508
Total Utilities						5,648,648
Total U.S. General Partners
(Cost $11,516,044)						9,733,553
	7 Day Yield			Shares		Value
Short Term Investments (0.24%)
State Street Institutional Treasury Plus Money Market Fund	1.299	%		94,676		94,676
Total Short Term Investments
(Cost $94,676)						94,676
Total Investments (97.87%)
(Cost $47,600,894)					$	38,548,230
Net Other Assets and Liabilities (2.13%)						840,816
Net Assets (100.00%)					$	39,389,046

See Notes to Quarterly Schedule of Investments.

Alerian MLP ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description				Shares		Value
Master Limited Partnerships (99.90%)
Gathering & Processing | Natural Gas (28.33%)
Antero Midstream Partners LP					6,823,882	$	178,171,559
DCP Midstream LP					7,063,864		253,168,886
EnLink Midstream Partners LP					12,876,295		187,993,907
MPLX LP					22,434,686		774,669,707
Rice Midstream Partners LP(a)					5,727,658		108,882,779
Western Gas Partners LP(a)					7,834,428		364,692,623
Williams Partners LP					19,819,570		718,261,217
Total Gathering & Processing | Natural Gas							2,585,840,678
Pipeline Transportation | Natural Gas (31.98%)
Boardwalk Pipeline Partners LP					9,856,003		111,077,154
Dominion Energy Midstream Partners LP(a)					3,802,639		95,826,503
Energy Transfer Partners LP					56,010,520		1,019,951,569
Enterprise Products Partners LP					37,772,549		960,178,196
EQT Midstream Partners LP(a)					4,575,893		281,508,937
Spectra Energy Partners LP					6,313,317		248,050,225
TC PipeLines LP(a)					4,117,777		202,306,384
Total Pipeline Transportation | Natural Gas							2,918,898,968
Pipeline Transportation | Petroleum (39.59%)
Andeavor Logistics LP					6,949,856		323,029,307
Buckeye Partners LP(a)					11,438,078		512,425,894
Enbridge Energy Partners LP(a)					16,830,466		210,549,130
Genesis Energy LP(a)					8,385,913		167,382,824
Holly Energy Partners LP					3,230,921		94,989,077
Magellan Midstream Partners LP(a)					13,885,533		867,290,391
NGL Energy Partners LP(a)					8,705,888		106,647,128
NuStar Energy LP(a)					6,180,854		135,607,937
Phillips 66 Partners LP					3,610,253		177,407,832
Plains All American Pipeline LP					32,834,532		692,808,625
Shell Midstream Partners LP					7,706,484		185,340,940
Tallgrass Energy Partners LP(a)					3,668,782		140,697,790
Total Pipeline Transportation | Petroleum							3,614,176,875
Total Master Limited Partnerships
(Cost $9,370,863,564)							9,118,916,521
		7 Day Yield			Shares		Value
Short Term Investments (0.24%)
State Street Institutional Treasury Plus Money Market Fund		1.299	%		21,841,125		21,841,125
Total Short Term Investments
(Cost $21,841,125)							21,841,125
Total Investments (100.14%)
(Cost $9,392,704,689)						$	9,140,757,646
Liabilities in Excess of Other Assets (-0.14%)							(12,622,439	)
Net Assets (100.00%)						$	9,128,135,207

^(a) Affiliated Company. See Note 8 in Notes to Quarterly Schedule of Investments.

See Notes to Quarterly Schedule of Investments.

 

ALPS Emerging Sector Dividend Dogs ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description		Shares		Value
COMMON STOCKS (99.74%)
Brazil (9.38%)
BB Seguridade Participacoes SA			124,910	$	1,119,493
CCR SA			217,523		850,824
Cielo SA			148,916		1,109,451
Engie Brasil Energia SA			99,644		1,201,473
Fleury SA			130,336		1,089,044
Total Brazil					5,370,285
Chile (4.42%)
AES Gener SA			3,892,270		1,188,840
Cencosud SA			441,088		1,341,088
Total Chile					2,529,928
China (9.29%)
COSCO SHIPPING Energy Transportation Co., Ltd., Class H			2,033,000		1,080,678
Great Wall Motor Co., Ltd., Class H			936,500		1,108,114
Huaneng Power International, Inc., Sponsored ADR(a)			42,071		1,028,215
Lenovo Group, Ltd.			1,916,000		1,001,347
Sinopec Shanghai Petrochemical Co., Ltd., Class H			1,830,000		1,099,043
Total China					5,317,397
Czech Republic (1.99%)
CEZ A.S.			47,002		1,139,650
Hungary (1.68%)
Richter Gedeon Nyrt			43,644		963,569
India (6.08%)
Infosys, Ltd., Sponsored ADR			67,229		1,187,264
Vedanta Ltd., ADR			58,565		1,181,842
Wipro, Ltd., ADR(a)			201,374		1,109,571
Total India					3,478,677
Indonesia (8.45%)
Astra International Tbk PT			1,731,400		1,016,915
Indocement Tunggal Prakarsa Tbk PT			736,800		1,177,669
Kalbe Farma Tbk PT			8,516,900		991,166
Perusahaan Gas Negara Persero Tbk			8,521,900		1,654,978
Total Indonesia					4,840,728
Malaysia (7.16%)
Astro Malaysia Holdings Bhd			1,583,300		978,194
British American Tobacco Malay Bhd			113,227		820,946
Malayan Banking Bhd			464,500		1,240,406

 

Security Description	Shares		Value
Malaysia (continued)
MISC Bhd	605,100	$	1,059,736
Total Malaysia			4,099,282
Mexico (3.55%)
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand, ADR	135,299		956,564
Kimberly-Clark de Mexico SAB de CV, Class A	590,500		1,076,020
Total Mexico			2,032,584
Philippines (3.55%)
PLDT, Inc., Sponsored ADR(a)	35,215		1,017,713
Semirara Mining & Power Corp.	1,439,300		1,017,017
Total Philippines			2,034,730
Poland (2.01%)
Bank Pekao SA	29,787		1,152,616
Russia (10.87%)
Gazprom PAO, Sponsored ADR(b)	237,020		1,186,048
Lukoil PJSC, Sponsored ADR	18,442		1,237,458
MegaFon PJSC, GDR(c)	112,864		1,199,744
Mobile TeleSystems PJSC, Sponsored ADR	120,863		1,445,522
Severstal PJSC, GDR(c)	71,105		1,157,589
Total Russia			6,226,361
South Africa (12.21%)
AVI, Ltd.	139,502		1,437,159
Barclays Africa Group, Ltd.	91,642		1,542,422
Life Healthcare Group Holdings, Ltd.	543,536		1,251,717
Netcare, Ltd.	638,378		1,380,277
Woolworths Holdings, Ltd.	248,864		1,378,973
Total South Africa			6,990,548
Thailand (9.35%)
BTS Group Holdings Pcl	4,179,420		1,085,132
Charoen Pokphand Foods Pcl	1,451,500		1,058,915
Delta Electronics Thailand Pcl	423,224		916,828
Intouch Holdings Pcl, NVDR	630,400		1,144,721
Thai Oil Pcl	349,500		1,146,814
Total Thailand			5,352,410
Turkey (9.75%)
Enka Insaat ve Sanayi A.S.	688,934		994,936
Eregli Demir ve Celik Fabrikalari TAS	452,604		1,352,514
Ford Otomotiv Sanayi A.S.	66,820		1,102,095
Tofas Turk Otomobil Fabrikasi A.S.	1		8
Tupras Turkiye Petrol Rafinerileri A.S.	34,336		1,055,867

Security Description			Shares		Value
Turkey (continued)
Turkcell Iletisim Hizmetleri A.S., ADR			108,897	$	1,078,080
Total Turkey					5,583,500
TOTAL COMMON STOCKS
(Cost $52,809,036)					57,112,265
	7 Day Yield		Shares		Value
SHORT TERM INVESTMENTS (2.75%)
Money Market Fund (0.13%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $77,084)	1.299	%	77,084		77,084
Investments Purchased with Collateral From Securities Loaned (2.62%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $1,500,648)			1,500,648		1,500,648
TOTAL SHORT TERM INVESTMENTS
(Cost $1,577,732)					1,577,732
TOTAL INVESTMENTS (102.49%)
(Cost $54,386,768)				$	58,689,997
NET LIABILITIES LESS OTHER ASSETS (-2.49%)					(1,429,669	)
NET ASSETS (100.00%)				$	57,260,327

^(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $1,542,982.

^(b) Non-income producing security.

^(c) These securities initially sold to other parties pursuant to Regulation S under the 1933 Act and subsequently resold to the Fund. As of February 28, 2018, the aggregate market values of these securities were $2,357,333, representing 4.12% of the Fund’s net assets.

See Notes to Quarterly Schedule of Investments.

ALPS EQUAL SECTOR WEIGHT ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
SECURITY DESCRIPTION				SHARES		VALUE
EXCHANGE TRADED FUNDS (100.00%)
Consumer Discretionary (10.72%)
Consumer Discretionary Select Sector SPDR® Fund					173,298	$	18,035,123
Consumer Staples (9.48%)
Consumer Staples Select Sector SPDR® Fund					298,489		15,942,297
Energy (9.80%)
Energy Select Sector SPDR® Fund					247,061		16,488,851
Financials (10.48%)
Financial Select Sector SPDR® Fund					610,501		17,625,164
Healthcare (10.14%)
Health Care Select Sector SPDR® Fund					202,820		17,065,275
Industrials (10.38%)
Industrial Select Sector SPDR® Fund					227,832		17,463,323
Materials (10.19%)
Materials Select Sector SPDR® Fund					287,374		17,136,112
Real Estate (9.15%)
Real Estate Select Sector SPDR® Fund					511,541		15,402,499
Technology (10.66%)
Technology Select Sector SPDR® Fund					262,981		17,927,415
Utilities (9.00%)
Utilities Select Sector SPDR® Fund					308,579		15,138,886
TOTAL EXCHANGE TRADED FUNDS
(Cost $124,703,984)							168,224,945
		7 DAY YIELD			SHARES		VALUE
SHORT TERM INVESTMENTS (0.01%)
State Street Institutional Treasury Plus Money Market Fund		1.299	%		12,666		12,666
TOTAL SHORT TERM INVESTMENTS
(COST OF $12,666)							12,666
TOTAL INVESTMENTS (100.01%)
(Cost $124,716,650)						$	168,237,611
NET LIABILITIES LESS OTHER ASSETS (-0.01%)							(18,133	)
NET ASSETS (100.00%)						$	168,219,478

Common Abbreviations:

SPDR^® - Standard & Poor's Depositary Receipts

See Notes to Quarterly Schedule of Investments.

 

ALPS International Sector Dividend Dogs ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.37%)
Australia (18.35%)
AMP, Ltd.		1,750,296	$	7,191,519
BHP Billiton, Ltd.		337,080		7,985,208
Fortescue Metals Group, Ltd.		2,010,284		7,869,396
National Australia Bank, Ltd.		306,752		7,190,516
Telstra Corp., Ltd.		2,479,661		6,451,944
Wesfarmers, Ltd.		208,446		6,691,329
Westpac Banking Corp.		290,265		6,937,062
Woodside Petroleum, Ltd.		322,379		7,306,434
Woolworths, Ltd.		340,265		7,296,879
Total Australia				64,920,287
Belgium (1.86%)
Proximus SADP		204,728		6,591,387
Denmark (2.04%)
Pandora A/S(a)		68,677		7,201,501
Finland (6.82%)
Fortum OYJ		339,472		7,475,519
Nokia OYJ		1,484,909		8,701,068
UPM-Kymmene OYJ		230,542		7,940,011
Total Finland				24,116,598
France (5.97%)
Carrefour SA		330,151		7,632,767
Sanofi		79,847		6,334,794
TOTAL SA		124,910		7,157,773
Total France				21,125,334
Germany (3.73%)
Evonik Industries AG		182,598		6,778,883
Telefonica Deutschland Holding AG		1,391,257		6,432,899
Total Germany				13,211,782
Hong Kong (2.22%)
Sands China, Ltd.		1,393,800		7,863,156

 

Security Description	Shares		Value
Israel (2.54%)
Teva Pharmaceutical Industries, Ltd.		468,894	$	8,968,423
Italy (3.84%)
Atlantia SpA		210,847		6,528,587
Eni SpA		420,778		7,040,076
Total Italy				13,568,663
Japan (9.76%)
Canon, Inc.		179,163		6,878,032
Japan Airlines Co., Ltd.		182,700		7,001,830
Japan Tobacco, Inc.		209,800		5,993,443
Nissan Motor Co., Ltd.		718,900		7,580,135
Tokyo Electron, Ltd.		35,800		7,066,386
Total Japan				34,519,826
Netherlands (1.97%)
Royal Dutch Shell Plc, Class A		218,277		6,979,674
Portugal (1.92%)
EDP - Energias de Portugal SA		2,020,987		6,787,814
Spain (5.83%)
Abertis Infraestructuras SA		309,368		7,397,613
Endesa SA		305,646		6,450,970
Ferrovial SA		313,377		6,791,919
Total Spain				20,640,502
Sweden (9.47%)
Hennes & Mauritz AB, Class B		292,889		4,856,685
Nordea Bank AB		581,373		6,633,600
Swedbank AB, Class A		287,868		7,259,833
Telefonaktiebolaget LM Ericsson, Class B		1,098,746		7,392,767
Telia Co. AB		1,553,861		7,374,338
Total Sweden				33,517,223
Switzerland (1.87%)
Roche Holding AG		28,515		6,621,494
United Kingdom (21.18%)
AstraZeneca Plc		107,229		7,048,960
BP Plc		1,042,903		6,822,037
Centrica Plc		3,563,512		7,015,420
GlaxoSmithKline Plc		398,911		7,178,893

 

Security Description			Shares		Value
United Kingdom (continued)
Imperial Brands Plc				166,388	$	5,999,249
International Consolidated Airlines Group SA				807,187		6,829,771
Micro Focus International Plc				211,858		6,017,048
Persimmon Plc				192,279		6,885,122
Rio Tinto, Ltd.				132,356		8,343,324
SSE Plc				387,974		6,543,018
Vodafone Group Plc				2,237,953		6,277,518
Total United Kingdom						74,960,360
TOTAL COMMON STOCKS
(Cost $341,628,789)						351,594,024
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.81%)
Money Market Fund (0.04%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $128,925)	1.299	%		128,925		128,925
Investments Purchased with Collateral From Securities Loaned (2.77%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $9,812,378)				9,812,378		9,812,378
TOTAL SHORT TERM INVESTMENTS
(Cost $9,941,303)						9,941,303
TOTAL INVESTMENTS (102.18%)
(Cost $351,570,092)					$	361,535,327
NET LIABILITIES LESS OTHER ASSETS (-2.18%)						(7,727,778	)
NET ASSETS (100.00%)					$	353,807,549

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

ALPS MEDICAL BREAKTHROUGHS ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.98%)
Biotechnology (79.24%)
Acceleron Pharma, Inc.(a)		59,006	$	2,474,122
Achillion Pharmaceuticals, Inc.(a)		178,306		579,494
Acorda Therapeutics, Inc.(a)		60,967		1,447,966
Adamas Pharmaceuticals, Inc.(a)(b)		29,462		720,346
Adaptimmune Therapeutics PLC, ADR(a)(b)		121,176		924,573
Aduro Biotech, Inc.(a)		96,500		603,125
Agios Pharmaceuticals, Inc.(a)		62,758		5,045,116
Aimmune Therapeutics, Inc.(a)		66,284		2,154,230
Akebia Therapeutics, Inc.(a)		61,138		874,273
AMAG Pharmaceuticals, Inc.(a)		45,757		963,185
Amarin Corp. PLC, ADR(a)(b)		350,242		1,215,340
AnaptysBio, Inc.(a)		30,582		3,754,246
Aquinox Pharmaceuticals, Inc.(a)		30,350		439,771
Arena Pharmaceuticals, Inc.(a)		51,028		1,978,356
Array BioPharma, Inc.(a)		256,636		4,444,936
Arrowhead Pharmaceuticals, Inc.(a)(b)		96,712		626,694
Ascendis Pharma A/S, ADR(a)(b)		47,338		2,943,950
Atara Biotherapeutics, Inc.(a)		39,974		1,539,998
Athenex, Inc.(a)		75,010		1,188,158
BeiGene, Ltd., ADR(a)		59,160		8,487,685
BioCryst Pharmaceuticals, Inc.(a)		127,274		632,552
Calithera Biosciences, Inc.(a)		45,886		353,322
Cascadian Therapeutics, Inc.(a)		65,384		651,878
Catalyst Pharmaceuticals, Inc.(a)		129,771		413,969
Chimerix, Inc.(a)		60,854		295,750
Clementia Pharmaceuticals, Inc.(a)(b)		39,483		629,359
Clovis Oncology, Inc.(a)		63,800		3,704,866
Concert Pharmaceuticals, Inc.(a)		29,339		641,937
DBV Technologies SA, Sponsored ADR(a)(b)		65,012		1,388,656
Dynavax Technologies Corp.(a)(b)		78,871		1,273,767
Emergent BioSolutions, Inc.(a)		53,941		2,680,868
Enanta Pharmaceuticals, Inc.(a)		24,822		1,951,506
Epizyme, Inc.(a)		90,511		1,602,045
FibroGen, Inc.(a)		106,722		5,880,382
Five Prime Therapeutics, Inc.(a)		37,420		795,549
Flexion Therapeutics, Inc.(a)(b)		48,550		1,231,228
G1 Therapeutics, Inc.(a)		36,659		828,127
Galapagos NV, Sponsored ADR(a)		66,128		6,891,199
Global Blood Therapeutics, Inc.(a)		56,870		3,335,426
GlycoMimetics, Inc.(a)(b)		44,413		1,021,943
Halozyme Therapeutics, Inc.(a)		185,525		3,647,422
Heron Therapeutics, Inc.(a)		70,999		1,444,830
ImmunoGen, Inc.(a)		172,656		1,918,208
Immunomedics, Inc.(a)		198,144		3,350,615
Insmed, Inc.(a)		99,863		2,417,683

Security Description	Shares			Value
Biotechnology (79.24%) (continued)
Ironwood Pharmaceuticals, Inc.(a)		176,613	$	2,507,905
Jounce Therapeutics, Inc.(a)		41,599		876,907
Kura Oncology, Inc.(a)		39,083		883,276
Ligand Pharmaceuticals, Inc.(a)(b)		27,483		4,174,393
Loxo Oncology, Inc.(a)		38,860		4,322,009
Madrigal Pharmaceuticals, Inc.(a)		16,264		2,049,915
MediciNova, Inc.(a)(b)		46,689		487,900
Minerva Neurosciences, Inc.(a)		50,060		262,815
Molecular Templates, Inc.(a)		34,771		322,675
NantKwest, Inc.(a)(b)		102,751		456,214
NuCana PLC, ADR(a)(b)		41,237		801,235
PDL BioPharma, Inc.(a)		199,622		479,093
Portola Pharmaceuticals, Inc.(a)		84,895		3,592,756
Progenics Pharmaceuticals, Inc.(a)		90,887		607,125
Protagonist Therapeutics, Inc.(a)		26,488		448,972
PTC Therapeutics, Inc.(a)		53,661		1,381,771
Ra Pharmaceuticals, Inc.(a)		29,266		186,717
Radius Health, Inc.(a)(b)		58,172		2,215,771
Rhythm Pharmaceuticals, Inc.(a)		33,722		871,714
Sarepta Therapeutics, Inc.(a)		84,146		5,281,844
Savara, Inc.(a)(b)		39,447		438,651
Selecta Biosciences, Inc.(a)(b)		28,895		264,678
Seres Therapeutics, Inc.(a)(b)		52,422		498,009
Spark Therapeutics, Inc.(a)(b)		47,565		2,715,962
Syndax Pharmaceuticals, Inc.(a)		31,548		285,194
TESARO, Inc.(a)(b)		70,738		3,906,860
Tocagen, Inc.(a)(b)		25,617		279,225
UroGen Pharma, Ltd.(a)		17,046		897,642
Vascular Biogenics, Ltd.(a)(b)		38,447		242,216
XOMA Corp.(a)		10,529		282,598
Total Biotechnology				133,410,693
Pharmaceuticals (20.74%)
Aclaris Therapeutics, Inc.(a)(b)		39,880		795,207
Aerie Pharmaceuticals, Inc.(a)		47,770		2,443,435
Akorn, Inc.(a)		162,863		2,758,899
Avadel Pharmaceuticals PLC, ADR(a)(b)		51,845		430,832
Depomed, Inc.(a)		81,438		559,479
Endo International PLC(a)		291,604		1,838,563
GW Pharmaceuticals PLC, ADR(a)(b)		32,931		3,742,279
Horizon Pharma PLC(a)		213,682		3,115,484
Impax Laboratories, Inc.(a)		96,460		1,967,784
Lannett Co., Inc.(a)(b)		48,718		779,488
MyoKardia, Inc.(a)		46,501		2,706,358
Pacira Pharmaceuticals, Inc.(a)		52,774		1,651,826
Paratek Pharmaceuticals, Inc.(a)		36,141		473,447
Reata Pharmaceuticals, Inc., Class A(a)(b)		25,662		618,198
Revance Therapeutics, Inc.(a)		40,012		1,238,371
Supernus Pharmaceuticals, Inc.(a)		66,803		2,598,637
Taro Pharmaceutical Industries, Ltd.(a)		52,750		5,177,413
Theravance Biopharma, Inc.(a)(b)		70,475		1,857,721

Security Description			Shares		Value
Pharmaceuticals (20.74%) (continued)
Zynerba Pharmaceuticals, Inc.(a)				17,532	$	170,762
Total Pharmaceuticals						34,924,183
TOTAL COMMON STOCKS
(Cost $162,001,217)						168,334,876
RIGHTS (0.00%)(c)
Biotechnology (0.00%)(c)
Dyax Corp. - CVR (Expiring 12/31/2019)(a)				170,016		1,700
Total Biotechnology						1,700
TOTAL RIGHTS
(Cost $–)						1,700
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (5.90%)
Money Market Fund (0.04%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $69,601)	1.299	%		69,601		69,601
Investments Purchased with Collateral from Securities Loaned (5.86%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $9,873,512)				9,873,512		9,873,512
TOTAL SHORT TERM INVESTMENTS
(Cost $9,943,113)						9,943,113
TOTAL INVESTMENTS (105.88%)
(Cost $171,944,330)					$	178,279,689
NET LIABILITIES LESS OTHER ASSETS (-5.88%)						(9,916,480	)
NET ASSETS (100.00%)					$	168,363,209

^(a) Non-income producing security.

^(b) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $21,163,873.

^(c) Less than 0.005% of Net Assets.

See Notes to Quarterly Schedule of Investments.

 

ALPS Sector Dividend Dogs ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.60%)
Consumer Discretionary (11.23%)
Ford Motor Co.		3,887,333	$	41,244,603
Kohl's Corp.		975,848		64,493,795
L Brands, Inc.		858,066		42,328,396
Macy's, Inc.		1,882,910		55,376,383
Target Corp.		791,637		59,697,346
Total Consumer Discretionary				263,140,523
Consumer Staples (9.78%)
Altria Group, Inc.		679,015		42,743,994
Archer-Daniels-Midland Co.		1,170,321		48,591,728
The Coca-Cola Co.		1,072,153		46,338,453
General Mills, Inc.		875,989		44,281,244
Philip Morris International, Inc.		455,859		47,204,199
Total Consumer Staples				229,159,618
Energy (10.43%)
Exxon Mobil Corp.		587,613		44,505,809
Helmerich & Payne, Inc.		844,342		54,502,276
Occidental Petroleum Corp.		705,363		46,271,813
ONEOK, Inc.		923,391		52,014,615
The Williams Cos., Inc.		1,701,502		47,233,695
Total Energy				244,528,208
Financials (9.90%)
Invesco, Ltd.		1,303,476		42,415,109
MetLife, Inc.		913,564		42,197,521
Navient Corp.		3,807,096		49,339,964
People's United Financial, Inc.		2,601,482		49,792,366
Wells Fargo & Co.		826,152		48,255,538
Total Financials				232,000,498
Health Care (10.65%)
Cardinal Health, Inc.		824,982		57,097,004
Gilead Sciences, Inc.		654,530		51,531,147
Merck & Co., Inc.		874,185		47,398,311
Patterson Cos., Inc.		1,379,687		43,570,516
Pfizer, Inc.		1,373,198		49,860,819
Total Health Care				249,457,797
Industrials (9.64%)
Eaton Corp. Plc		628,418		50,713,332
Emerson Electric Co.		729,850		51,863,141
General Electric Co.		2,776,106		39,170,856
Nielsen Holdings Plc		1,280,147		41,771,197

 

Security Description			Shares		Value
Industrials (continued)
United Parcel Service, Inc., Class B				406,423	$	42,434,625
Total Industrials						225,953,151
Information Technology (11.20%)
International Business Machines Corp.				316,856		49,375,670
QUALCOMM, Inc.				764,195		49,672,675
Seagate Technology Plc				1,199,704		64,064,194
Western Union Co.				2,505,264		49,654,332
Xerox Corp.				1,641,808		49,779,619
Total Information Technology						262,546,490
Materials (10.81%)
CF Industries Holdings, Inc.				1,237,472		51,033,345
International Paper Co.				853,665		50,869,897
LyondellBasell Industries NV, Class A				453,298		49,055,910
Nucor Corp.				807,264		52,795,065
WestRock Co.				754,097		49,589,419
Total Materials						253,343,636
Telecommunication Services (6.52%)
AT&T, Inc.				1,332,585		48,372,836
CenturyLink, Inc.				3,311,364		58,511,802
Verizon Communications, Inc.				958,899		45,777,838
Total Telecommunication Services						152,662,476
Utilities (9.44%)
The AES Corp.				4,556,795		49,532,362
FirstEnergy Corp.				1,494,747		48,325,170
PPL Corp.				1,408,161		40,343,813
SCANA Corp.				1,061,192		42,097,486
The Southern Co.				951,367		40,965,863
Total Utilities						221,264,694
TOTAL COMMON STOCKS
(Cost $2,250,314,917)						2,334,057,091
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.06%)
Money Market Fund (0.06%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $1,467,478)	1.299	%		1,467,478		1,467,478
TOTAL SHORT TERM INVESTMENTS
(Cost $1,467,478)						1,467,478
TOTAL INVESTMENTS (99.66%)
(Cost $2,251,782,395)					$	2,335,524,569
NET OTHER ASSETS AND LIABILITIES (0.34%)						7,767,651
NET ASSETS (100.00%)					$	2,343,292,220

See Notes to Quarterly Schedule of Investments.

 

BARRON'S 400SM ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (93.54%)
Consumer Discretionary (17.37%)
Adtalem Global Education, Inc.(a)		13,775	$	634,339
AMC Networks, Inc., Class A(a)		8,420		442,639
American Outdoor Brands Corp.(a)(b)		33,920		305,280
Big Lots, Inc.(b)		9,818		551,772
Booking Holdings, Inc.(a)		252		512,578
Callaway Golf Co.		33,945		525,469
Capella Education Co.		7,054		548,096
Carter's, Inc.		5,164		602,536
Children's Place, Inc.		4,113		585,280
Columbia Sportswear Co.		8,111		613,029
Comcast Corp., Class A		12,537		453,965
Cooper-Standard Holding, Inc.(a)		4,668		568,749
Cracker Barrel Old Country Store, Inc.(b)		3,202		499,832
Dana, Inc.		19,070		506,690
Dave & Buster's Entertainment, Inc.(a)		9,314		416,988
Dollar General Corp.		6,174		583,999
Dollar Tree, Inc.(a)		5,657		580,634
Dorman Products, Inc.(a)		6,931		478,239
Five Below, Inc.(a)		9,442		631,198
Fox Factory Holding Corp.(a)		11,660		437,833
Francesca's Holdings Corp.(a)		62,843		327,412
The Gap, Inc.		17,215		543,650
Gentex Corp.		25,108		570,203
Grand Canyon Education, Inc.(a)		5,787		567,994
Gray Television, Inc.(a)		34,564		476,983
Hanesbrands, Inc.(b)		18,563		360,122
Hasbro, Inc.		5,007		478,519
Home Depot, Inc.		2,971		541,524
Hooker Furniture Corp.		10,935		408,422
Installed Building Products, Inc.(a)		8,165		487,859
iRobot Corp.(a)(b)		4,712		320,180
Johnson Outdoors, Inc., Class A		7,355		453,362
Las Vegas Sands Corp.		7,369		536,537
LCI Industries		4,594		502,124
Lear Corp.		3,051		569,225
LGI Homes, Inc.(a)		10,397		588,366
Liberty Expedia Holdings, Inc., Class A(a)		8,872		348,315
Lowe's Cos., Inc.		6,038		540,944
Malibu Boats, Inc., Class A(a)		17,623		564,817
Marriott International, Inc., Class A		4,523		638,693
MCBC Holdings, Inc.(a)		26,101		639,736
Meredith Corp.		8,602		492,895
Mohawk Industries, Inc.(a)		1,831		439,220
Motorcar Parts of America, Inc.(a)		17,865		364,089
New York Times Co., Class A		24,814		598,017
Nexstar Media Group, Inc., Class A		8,082		577,459
NIKE, Inc., Class B		8,900		596,567
Norwegian Cruise Line Holdings, Ltd.(a)		8,309		472,782
Nutrisystem, Inc.		9,078		279,148
NVR, Inc.(a)		168		477,653

 

Security Description	Shares		Value
Consumer Discretionary (continued)
O'Reilly Automotive, Inc.(a)		2,384	$	582,149
Papa John's International, Inc.(b)		5,841		337,259
PetMed Express, Inc.		12,413		560,943
Ross Stores, Inc.		7,836		611,913
Royal Caribbean Cruises, Ltd.		3,906		494,500
Ruth's Hospitality Group, Inc.		23,882		586,303
Scripps Networks Interactive, Inc., Class A		5,577		501,149
Shake Shack, Inc., Class A(a)(b)		15,179		591,829
Signet Jewelers, Ltd.		6,456		324,608
Sinclair Broadcast Group, Inc., Class A		16,557		559,627
Sleep Number Corp.(a)		16,152		556,275
Steven Madden, Ltd.(a)		11,369		499,099
Sturm Ruger & Co., Inc.		10,141		436,570
Thor Industries, Inc.		4,291		553,539
TJX Cos., Inc.		6,461		534,195
TopBuild Corp.(a)		8,001		557,190
Tractor Supply Co.		7,703		500,156
Ulta Beauty, Inc.(a)		2,094		425,815
Visteon Corp.(a)		3,981		493,007
Williams-Sonoma, Inc.		9,661		500,053
Winnebago Industries, Inc.		12,490		543,939
Total Consumer Discretionary				35,992,080
Consumer Staples (4.58%)
Altria Group, Inc.		7,604		478,672
Blue Buffalo Pet Products, Inc.(a)		18,477		740,189
Boston Beer Co., Inc., Class A(a)(b)		3,078		501,868
Central Garden & Pet Co., Class A(a)		13,770		499,025
Constellation Brands, Inc., Class A		2,323		500,560
Energizer Holdings, Inc.		10,319		562,179
Estee Lauder Cos., Inc., Class A		4,363		604,014
Ingredion, Inc.		3,811		497,869
Inter Parfums, Inc.		11,731		497,394
Medifast, Inc.		8,605		548,913
MGP Ingredients, Inc.		8,140		683,109
Molson Coors Brewing Co., Class B		5,298		403,973
Monster Beverage Corp.(a)		8,474		536,997
National Beverage Corp.		3,895		381,476
Pilgrim's Pride Corp.(a)		16,394		413,129
Sanderson Farms, Inc.		3,107		382,627
Sprouts Farmers Market, Inc.(a)		24,299		625,942
USANA Health Sciences, Inc.(a)		8,223		628,237
Total Consumer Staples				9,486,173
Energy (2.49%)
BP Prudhoe Bay Royalty Trust		23,237		468,225
Callon Petroleum Co.(a)		45,388		479,751
Cimarex Energy Co.		4,691		450,758
Devon Energy Corp.		14,772		453,057
Diamondback Energy, Inc.(a)		5,254		654,859
Gulfport Energy Corp.(a)		36,333		352,430
Laredo Petroleum, Inc.(a)		38,956		326,841
Matador Resources Co.(a)		20,417		589,235
Midstates Petroleum Co., Inc.(a)		29,554		398,388
Penn Virginia Corp(a)		12,189		454,650
SRC Energy, Inc.(a)		59,110		524,306
Total Energy				5,152,500

 

Security Description	Shares		Value
Financials (18.65%)
American Financial Group, Inc.		4,740	$	534,672
Ameris Bancorp		10,988		584,012
Athene Holding, Ltd., Class A(a)		8,964		423,190
B. Riley Financial, Inc.		28,119		520,201
Bancfirst Corp.		9,253		492,722
Bank of Hawaii Corp.		6,053		496,407
The Bank of NT Butterfield & Son, Ltd.		14,248		649,851
Bank of the Ozarks		10,890		543,302
Banner Corp.		8,443		466,729
BB&T Corp.		10,611		576,708
Beneficial Bancorp, Inc.		31,066		465,990
BofI Holding, Inc.(a)(b)		18,347		682,325
Carolina Financial Corp.		13,995		543,146
Cathay General Bancorp		13,030		535,012
Citizens Financial Group, Inc.		13,783		599,423
Cohen & Steers, Inc.		12,533		501,320
Comerica, Inc.		6,867		667,610
Credit Acceptance Corp.(a)(b)		1,772		557,631
Cullen/Frost Bankers, Inc.		5,341		555,411
Customers Bancorp, Inc.(a)		16,563		485,958
Diamond Hill Investment Group, Inc.		2,425		497,198
Discover Financial Services		8,195		646,012
Eagle Bancorp, Inc.(a)		7,484		456,898
East West Bancorp, Inc.		8,397		550,423
Essent Group, Ltd.(a)		12,183		549,331
Evercore Partners, Inc., Class A		6,563		610,687
FactSet Research Systems, Inc.		2,947		598,771
FCB Financial Holdings, Inc., Class A(a)		10,861		582,693
Federated Investors, Inc., Class B		17,248		561,940
First Financial Bankshares, Inc.		11,849		545,054
First Merchants Corp.		12,173		503,110
Franklin Financial Network, Inc.(a)		13,978		434,017
Glacier Bancorp, Inc.		14,235		553,741
Guaranty Bancorp		18,211		499,892
Hanmi Financial Corp.		17,343		529,829
Health Insurance Innovations, Inc., Class A(a)(b)		24,062		750,734
Heritage Financial Corp.		17,668		525,623
Home BancShares, Inc.		21,178		486,882
Houlihan Lokey, Inc.		12,864		597,147
Independent Bank Group, Inc.		8,438		592,348
JPMorgan Chase & Co.		5,230		604,065
Lakeland Bancorp, Inc.		25,758		491,978
Lakeland Financial Corp.		10,828		490,617
Lazard, Ltd., Class A		11,434		617,093
LegacyTexas Financial Group, Inc.		12,665		530,537
MainSource Financial Group, Inc.		14,133		533,803
Meridian Bancorp, Inc.		25,902		519,335
Moelis & Co., Class A		11,938		605,853
Morningstar, Inc.		5,795		541,543
New Residential Investment Corp., REIT		28,768		464,028
OceanFirst Financial Corp.		19,046		492,910
PacWest Bancorp		16,754		873,554
Preferred Bank		9,034		563,089
Provident Financial Services, Inc.		19,205		477,820
S&P Global, Inc.		3,094		593,429
S&T Bancorp, Inc.		12,962		511,481

 

Security Description	Shares		Value
Financials (continued)
Sandy Spring Bancorp, Inc.		12,355	$	478,880
ServisFirst Bancshares, Inc.		13,700		550,192
State Bank Financial Corp.		17,507		506,653
SunTrust Banks, Inc.		8,698		607,468
Synovus Financial Corp.		11,015		543,040
T Rowe Price Group, Inc.		5,600		626,640
Texas Pacific Land Trust		1,256		677,084
TriCo Bancshares		13,380		499,743
TrustCo Bank Corp.		59,777		508,105
United Community Banks, Inc.		18,151		561,047
Walker & Dunlop, Inc.		10,045		485,475
Western Alliance Bancorp(a)		9,969		582,788
Wintrust Financial Corp.		6,604		558,104
Zions Bancorporation		10,967		602,856
Total Financials				38,653,160
Health Care (10.93%)
AbbVie, Inc.		5,417		627,451
ABIOMED, Inc.(a)		3,010		807,222
Alexion Pharmaceuticals, Inc.(a)		3,298		387,350
Align Technology, Inc.(a)		2,558		671,526
Amgen, Inc.		2,487		457,036
AMN Healthcare Services, Inc.(a)		12,358		687,723
Anika Therapeutics, Inc.(a)		8,483		441,540
Biogen, Inc.(a)		1,443		417,013
BioTelemetry, Inc.(a)		12,554		405,494
Bioverativ, Inc.(a)		8,318		870,728
Bristol-Myers Squibb Co.		7,538		499,016
Bruker Corp.		15,818		484,822
Cambrex Corp.(a)		9,310		483,654
Celgene Corp.(a)		3,343		291,242
Cerner Corp.(a)		6,695		429,551
Charles River Laboratories International, Inc.(a)		4,347		463,434
Corcept Therapeutics, Inc.(a)(b)		26,476		402,170
Eagle Pharmaceuticals, Inc.(a)		7,373		413,920
Edwards Lifesciences Corp.(a)		4,145		554,062
Emergent BioSolutions, Inc.(a)		12,348		613,696
Enzo Biochem, Inc.(a)		40,202		254,479
Exelixis, Inc.(a)		17,632		454,906
Gilead Sciences, Inc.		5,624		442,777
Globus Medical, Inc., Class A(a)		15,453		736,181
HealthEquity, Inc.(a)		10,459		602,229
Heska Corp.(a)		4,885		332,082
Illumina, Inc.(a)		2,222		506,660
Innoviva, Inc.(a)		34,291		531,853
Intuitive Surgical, Inc.(a)		1,358		579,119
Johnson & Johnson		3,582		465,230
LeMaitre Vascular, Inc.		12,431		432,102
LHC Group, Inc.(a)		7,295		469,652
Masimo Corp.(a)		5,447		476,776
OraSure Technologies, Inc.(a)		21,939		378,667
PDL BioPharma, Inc.(a)		147,594		354,226
Phibro Animal Health Corp., Class A		13,003		499,965
Prestige Brands Holdings, Inc.(a)		9,425		318,565
R1 RCM, Inc.(a)		149,922		983,488
Regeneron Pharmaceuticals, Inc.(a)		1,068		342,230
Stryker Corp.		3,311		536,912
Supernus Pharmaceuticals, Inc.(a)		9,832		382,465
Tivity Health, Inc.(a)		12,263		472,739

 

Security Description	Shares		Value
Health Care (continued)
Veeva Systems, Inc., Class A(a)		8,292	$	577,952
Waters Corp.(a)		2,501		511,805
Zoetis, Inc.		7,266		587,529
Total Health Care				22,639,239
Industrials (15.03%)
AAON, Inc.		14,874		546,619
Acuity Brands, Inc.		2,503		356,878
Alaska Air Group, Inc.		6,228		401,706
Allegiant Travel Co.		4,006		666,198
Allison Transmission Holdings, Inc.		13,729		544,080
American Woodmark Corp.(a)		5,289		679,108
AO Smith Corp.		8,169		524,368
Apogee Enterprises, Inc.		10,556		455,386
Applied Industrial Technologies, Inc.		8,037		565,805
Argan, Inc.		7,744		309,373
Armstrong World Industries, Inc.(a)		9,736		587,081
Barnes Group, Inc.		7,393		445,872
Brady Corp., Class A		13,054		488,220
Builders FirstSource, Inc.(a)		27,972		536,503
Copart, Inc.(a)		14,682		687,264
Deluxe Corp.		6,758		479,818
Dycom Industries, Inc.(a)		5,990		654,348
Exponent, Inc.		6,784		527,456
Fastenal Co.		10,914		597,214
FedEx Corp.		2,205		543,334
Fortune Brands Home & Security, Inc.		7,261		440,452
Generac Holdings, Inc.(a)		10,943		486,745
Hawaiian Holdings, Inc.		12,002		432,072
Healthcare Services Group, Inc.		9,386		426,406
HEICO Corp., Class A		8,255		598,487
Herman Miller, Inc.		13,775		494,522
Hudson Technologies, Inc.(a)		48,276		294,484
Huntington Ingalls Industries, Inc.		2,226		583,234
Insperity, Inc.		11,741		766,687
JetBlue Airways Corp.(a)		24,024		505,705
Kadant, Inc.		5,277		503,426
Lennox International, Inc.		2,764		565,597
Lincoln Electric Holdings, Inc.		5,320		465,713
Lydall, Inc.(a)		9,995		481,259
Middleby Corp.(a)		3,915		470,779
Nordson Corp.		4,214		564,971
Northrop Grumman Corp.		1,765		617,821
Old Dominion Freight Line, Inc.		4,666		648,201
Oshkosh Corp.		6,238		492,365
Parker-Hannifin Corp.		2,851		508,818
Patrick Industries, Inc.(a)		9,509		584,328
PGT Innovations, Inc.(a)		33,945		594,038
Raven Industries, Inc.		16,163		548,734
Rockwell Automation, Inc.		2,810		508,048
Simpson Manufacturing Co., Inc.		10,289		569,187
Snap-on, Inc.		3,181		506,479
Spirit Airlines, Inc.(a)		13,624		542,780
Teledyne Technologies, Inc.(a)		3,073		571,424
Toro Co.		7,804		496,100
TPI Composites, Inc.(a)		23,456		464,898
Trex Co., Inc.(a)		5,946		614,816
TriNet Group, Inc.(a)		13,430		633,493
Union Pacific Corp.		4,380		570,495

 

Security Description	Shares		Value
Industrials (continued)
United Rentals, Inc.(a)		3,723	$	651,860
Universal Forest Products, Inc.		16,048		528,621
Valmont Industries, Inc.		3,188		468,955
Viad Corp.		8,626		448,983
WageWorks, Inc.(a)		8,111		425,422
Woodward, Inc.		6,661		471,799
Total Industrials				31,144,835
Information Technology (20.54%)
Acacia Communications, Inc.(a)(b)		9,580		370,746
Adobe Systems, Inc.(a)		3,042		636,173
ADTRAN, Inc.		21,263		332,766
Advanced Energy Industries, Inc.(a)		6,330		419,806
Amphenol Corp., Class A		5,787		528,874
Apple, Inc.		2,951		525,632
Applied Materials, Inc.		10,411		599,569
Applied Optoelectronics, Inc.(a)(b)		7,595		212,128
Arista Networks, Inc.(a)		2,735		737,739
Aspen Technology, Inc.(a)		7,358		568,626
Axcelis Technologies, Inc.(a)		20,982		513,010
Badger Meter, Inc.		10,547		502,037
Broadridge Financial Solutions, Inc.		5,905		592,744
Brooks Automation, Inc.		17,722		473,355
Cabot Microelectronics Corp.		6,539		666,324
Cadence Design Systems, Inc.(a)		12,654		490,596
CEVA, Inc.(a)		11,577		425,455
Cirrus Logic, Inc.(a)		8,338		369,457
Cognex Corp.		8,513		457,233
Cognizant Technology Solutions Corp., Class A		6,526		535,263
Coherent, Inc.(a)		1,858		388,619
CommerceHub, Inc., Series C(a)		22,084		420,700
DST Systems, Inc.		9,021		750,277
Electronic Arts, Inc.(a)		3,944		487,873
Entegris, Inc.		17,603		584,420
ePlus, Inc.(a)		6,064		464,199
EVERTEC, Inc.		23,146		374,965
ExlService Holdings, Inc.(a)		8,374		477,485
F5 Networks, Inc.(a)		4,044		600,615
Fabrinet(a)		11,631		350,675
Facebook, Inc., Class A(a)		2,744		489,310
FleetCor Technologies, Inc.(a)		3,278		655,371
GrubHub, Inc.(a)		8,480		842,997
Ichor Holdings, Ltd.(a)(b)		20,096		519,281
II-VI, Inc.(a)		12,455		479,518
Intel Corp.		13,167		649,001
InterDigital, Inc.		6,753		484,865
Intuit, Inc.		3,339		557,146
IPG Photonics Corp.(a)		2,669		655,613
KEMET Corp.(a)		21,590		388,188
KLA-Tencor Corp.		4,849		549,440
Lam Research Corp.		2,767		530,877
Littelfuse, Inc.		2,559		530,992
Manhattan Associates, Inc.(a)		11,181		470,720
Mastercard, Inc., Class A		3,338		586,687
Match Group, Inc.(a)(b)		20,106		805,245
Maxim Integrated Products, Inc.		10,190		620,979
MAXIMUS, Inc.		7,482		501,144
The Meet Group, Inc.(a)		110,515		289,549
Microchip Technology, Inc.		5,372		477,732

 

Security Description	Shares		Value
Information Technology (continued)
Micron Technology, Inc.(a)		13,858	$	676,409
Microsoft Corp.		6,362		596,565
MKS Instruments, Inc.		5,530		615,766
Nanometrics, Inc.(a)		18,055		476,471
NetApp, Inc.		11,903		720,727
NIC, Inc.		28,373		383,036
Novanta, Inc.(a)		11,577		646,575
NVIDIA Corp.		2,802		678,084
Oclaro, Inc.(a)		53,911		386,542
ON Semiconductor Corp.(a)		27,972		669,090
Paychex, Inc.		8,170		532,112
Paycom Software, Inc.(a)		6,357		628,834
Qualys, Inc.(a)		9,334		691,183
Red Hat, Inc.(a)		4,415		650,771
Rogers Corp.(a)		3,834		526,485
Rudolph Technologies, Inc.(a)		20,982		557,072
Silicon Laboratories, Inc.(a)		6,269		586,152
Skyworks Solutions, Inc.		4,444		485,507
Stamps.com, Inc.(a)		2,386		455,845
Take-Two Interactive Software, Inc.(a)		4,752		531,606
Teradyne, Inc.		13,163		597,600
Texas Instruments, Inc.		5,735		621,387
The Trade Desk, Inc., Class A(a)(b)		7,705		433,483
Ubiquiti Networks, Inc.(a)(b)		8,142		517,831
Ultra Clean Holdings, Inc.(a)		18,604		358,313
Universal Display Corp.		3,589		465,852
Visa, Inc., Class A		4,473		549,911
VMware, Inc., Class A(a)		4,338		571,532
Worldpay, Inc., Class A(a)		6,554		532,709
Xcerra Corp.(a)		48,348		483,480
Total Information Technology				42,568,946
Materials (3.28%)
Berry Global Group, Inc.(a)		8,336		453,478
Celanese Corp., Series A		4,796		483,725
Chase Corp.		4,849		504,296
Eagle Materials, Inc.		4,634		464,466
Kronos Worldwide, Inc.		21,497		461,111
Louisiana-Pacific Corp.		17,561		500,488
Martin Marietta Materials, Inc.		2,317		472,506
Monsanto Co.		4,043		498,785
Neenah Paper, Inc.		5,993		459,363
Nucor Corp.		8,886		581,144
Packaging Corp. of America		4,019		479,065
Steel Dynamics, Inc.		14,289		660,866
Tahoe Resources, Inc.		72,902		355,762
Worthington Industries, Inc.		9,365		414,308
Total Materials				6,789,363
Telecommunication Services (0.48%)
ATN International, Inc.		8,688		520,411
Verizon Communications, Inc.		10,155		484,800
Total Telecommunication Services				1,005,211

 

Security Description			Shares		Value
Utilities (0.19%)
National Fuel Gas Co.				8,148	$	402,756
Total Utilities						402,756
TOTAL COMMON STOCKS
(Cost $157,995,321)						193,834,263
LIMITED PARTNERSHIPS (4.72%)
Energy (4.25%)
Andeavor Logistics LP				19,484		905,616
Antero Midstream Partners LP				15,013		391,989
Black Stone Minerals LP				27,823		476,886
CNX Midstream Partners LP				25,521		444,321
Dominion Energy Midstream Partners LP				15,630		393,876
EQT GP Holdings LP				16,557		390,248
EQT Midstream Partners LP				6,327		389,237
Golar LNG Partners LP				21,728		401,751
Magellan Midstream Partners LP				6,782		423,604
MPLX LP				13,866		478,793
Noble Midstream Partners LP				10,077		485,711
PBF Logistics LP				22,521		440,285
Phillips 66 Partners LP				10,021		492,432
Rice Midstream Partners LP				22,698		431,489
Shell Midstream Partners LP				17,044		409,908
Tallgrass Energy Partners LP				10,219		391,899
Valero Energy Partners LP				11,154		429,764
Viper Energy Partners LP				27,874		630,510
Western Gas Equity Partners LP				11,124		404,914
Total Energy						8,813,233
Financials (0.47%)
Apollo Global Management LLC, Class A				16,413		538,346
Oaktree Capital Group LLC				10,528		439,018
Total Financials						977,364
TOTAL LIMITED PARTNERSHIPS
(Cost $10,433,745)						9,790,597
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (3.72%)
Money Market Fund (1.70%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $3,518,499)	1.299	%		3,518,499		3,518,499
Investments Purchased With Collateral From Securities Loaned (2.02%)
State Street Navigator Securities Lending Government Money Market Portfolio, 1.38%
(Cost $4,190,241)				4,190,241	$	4,190,241
TOTAL SHORT TERM INVESTMENTS
(Cost $7,708,740)						7,708,740

	Value
TOTAL INVESTMENTS (101.98%)
(Cost $176,137,806)	$	211,333,600
NET OTHER ASSETS AND LIABILITIES (-1.98%)		(4,123,563	)
NET ASSETS (100.00%)	$	207,210,037

^(a) Non-income producing security.

^(b) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $5,499,250.

See Notes to Quarterly Schedule of Investments.

COHEN & STEERS GLOBAL REALTY MAJORS ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.54%)
Australia (7.87%)
Dexus		71,626	$	517,377
Goodman Group		114,770		731,855
The GPT Group		127,415		471,065
Scentre Group, Ltd.		380,471		1,134,766
Stockland		173,654		544,903
Vicinity Centres		231,920		446,728
Westfield Corp.		136,661		929,827
Total Australia				4,776,521
Brazil (0.37%)
BR Malls Participacoes SA		61,851		225,734
Canada (1.22%)
Allied Properties Real Estate Investment Trust		6,681		215,862
Boardwalk Real Estate Investment Trust		2,737		97,177
RioCan Real Estate Investment Trust		23,205		424,786
Total Canada				737,825
France (5.39%)
Fonciere Des Regions		3,770		395,319
Gecina SA		3,446		605,814
Klepierre		14,800		612,641
Unibail-Rodamco SE		7,093		1,659,302
Total France				3,273,076
Germany (5.36%)
alstria office REIT-AG		9,842		146,248
Deutsche Wohnen AG		25,312		1,048,399
LEG Immobilien AG		4,499		469,181
Vonovia SE		34,643		1,587,032
Total Germany				3,250,860
Hong Kong (12.13%)
China Overseas Land & Investment, Ltd.		273,000		959,315
CK Asset Holdings, Ltd.		186,500		1,613,367
Hang Lung Properties, Ltd.		144,000		344,088
Hongkong Land Holdings, Ltd.		83,500		575,315
Link REIT		157,164		1,343,522
Sun Hung Kai Properties, Ltd.		117,000		1,954,012
Wharf Real Estate Investment Co., Ltd.(a)		84,000		571,027
Total Hong Kong				7,360,646
Japan (9.19%)
Japan Real Estate Investment Corp.		91		472,506
Japan Retail Fund Investment Corp.		191		367,517
Mitsubishi Estate Co., Ltd.		99,200		1,743,752
Mitsui Fudosan Co., Ltd.		70,700		1,708,277
Nippon Building Fund, Inc.		98		532,733
Nippon Prologis REIT, Inc.		149		337,954

Security Description	Shares		Value
Japan (9.19%) (continued)
Nomura Real Estate Master Fund, Inc.		301	$	413,013
Total Japan				5,575,752
Singapore (2.55%)
Ascendas Real Estate Investment Trust		170,305		340,674
CapitaLand Mall Trust		191,247		291,617
CapitaLand, Ltd.		180,900		495,691
City Developments, Ltd.		43,800		421,882
Total Singapore				1,549,864
Spain (0.40%)
Inmobiliaria Colonial Socimi SA		22,900		242,921
Sweden (0.51%)
Castellum AB		19,456		307,430
Switzerland (0.46%)
PSP Swiss Property AG		2,912		276,739
United Kingdom (4.16%)
British Land Co. PLC		72,405		625,990
Derwent London PLC		7,888		311,991
Hammerson PLC		56,218		345,957
Land Securities Group PLC		53,594		683,967
Segro PLC		71,014		558,825
Total United Kingdom				2,526,730
United States (49.93%)
Alexandria Real Estate Equities, Inc.		7,228		876,829
American Campus Communities, Inc.		9,682		353,199
American Homes 4 Rent, Class A		18,000		345,420
AvalonBay Communities, Inc.		9,851		1,536,953
Boston Properties, Inc.		11,004		1,308,045
Digital Realty Trust, Inc.		14,657		1,475,080
Douglas Emmett, Inc.		11,370		406,478
Duke Realty Corp.		25,401		629,183
Equinix, Inc.		5,574		2,185,565
Equity LifeStyle Properties, Inc.		6,280		531,351
Equity Residential		26,236		1,475,250
Essex Property Trust, Inc.		4,713		1,054,911
Extra Space Storage, Inc.		8,991		764,685
Federal Realty Investment Trust		5,171		589,184
GGP, Inc.		44,522		942,531
Highwoods Properties, Inc.		7,326		315,091
Host Hotels & Resorts, Inc.		52,837		980,655
Kilroy Realty Corp.		6,983		475,542
Kimco Realty Corp.		30,214		452,001
National Retail Properties, Inc.		10,891		405,581
ProLogis, Inc.		37,958		2,303,291
Public Storage		10,686		2,077,786
Realty Income Corp.		20,155		991,223
Regency Centers Corp.		10,507		610,562
Simon Property Group, Inc.		16,189		2,485,173
SL Green Realty Corp.		6,655		645,003

Security Description			Shares		Value
United States (49.93%) (continued)
UDR, Inc.				19,094	$	641,940
Ventas, Inc.				25,436		1,229,068
Vornado Realty Trust				12,341		820,306
Welltower, Inc.				26,448		1,388,520
Total United States						30,296,406
TOTAL COMMON STOCKS
(Cost $55,458,197)						60,400,504
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.20%)
State Street Institutional Treasury Plus Money Market Fund	1.299	%		120,218		120,218
TOTAL SHORT TERM INVESTMENTS
(Cost $120,218)						120,218
TOTAL INVESTMENTS (99.74%)
(Cost $55,578,415)					$	60,520,722
NET OTHER ASSETS AND LIABILITIES (0.26%)						157,729
NET ASSETS (100.00%)					$	60,678,451

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

 

RIVERFRONT DYNAMIC CORE INCOME ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Principal Amount		Value
CORPORATE BONDS (88.20%)
Communications (5.63%)
Alphabet, Inc.
3.38%, 02/25/2024	$	250,000	$	255,109
2.00%, 08/15/2026		45,000		40,914
AT&T, Inc.
4.10%, 02/15/2028(a)		677,000		664,874
Charter Communications Operating LLC/Charter Communications Operating Capital
3.58%, 07/23/2020		668,000		673,099
Comcast Corp.
5.15%, 03/01/2020		637,000		667,449
Discovery Communications LLC
3.95%, 03/20/2028		250,000		240,438
Time Warner, Inc.
4.70%, 01/15/2021		98,000		102,334
4.75%, 03/29/2021		175,000		183,445
2.95%, 07/15/2026		500,000		460,674
Verizon Communications, Inc.
3M US L + 0.55%, 05/22/2020(b)		500,000		503,032
Total Communications				3,791,368
Consumer Discretionary (5.13%)
Amazon.com, Inc.
3.15%, 08/22/2027(a)		250,000		241,457
3.88%, 08/22/2037(a)		150,000		149,565
eBay, Inc.
2.20%, 08/01/2019		20,000		19,866
2.88%, 08/01/2021		25,000		24,772
3.45%, 08/01/2024		250,000		247,747
Ford Motor Credit Co. LLC
2.24%, 06/15/2018		200,000		199,910
2.02%, 05/03/2019		150,000		148,663
4.13%, 08/04/2025		100,000		98,539
General Motors Financial Co., Inc.
3.20%, 07/13/2020		205,000		205,276
3.70%, 05/09/2023		150,000		149,436
4.00%, 01/15/2025		95,000		94,308
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp.
4.63%, 04/01/2025		675,000		679,218
Lowe's Cos., Inc.
2.50%, 04/15/2026		250,000		230,914
3.10%, 05/03/2027		175,000		167,639
Newell Brands, Inc.
4.20%, 04/01/2026		300,000		297,184

 

Security Description	Principal Amount		Value
Consumer Discretionary (continued)
Toyota Motor Credit Corp.
3M US L + 0.39%, 01/11/2023(b)	$	500,000	$	500,587
Total Consumer Discretionary				3,455,081
Consumer Staples (4.41%)
Anheuser-Busch InBev Finance, Inc.
2.65%, 02/01/2021		668,000		662,189
Coca-Cola Co.
1.88%, 10/27/2020		300,000		294,342
Constellation Brands, Inc.
4.25%, 05/01/2023		600,000		621,487
4.75%, 12/01/2025		100,000		106,255
Kraft Heinz Foods Co.
5.38%, 02/10/2020		250,000		261,065
3.50%, 06/06/2022		215,000		215,394
PepsiCo, Inc.
3.10%, 07/17/2022		620,000		623,839
Procter & Gamble Co.
2.45%, 11/03/2026		200,000		185,920
Total Consumer Staples				2,970,491
Energy (9.53%)
Andeavor
3.80%, 04/01/2028		300,000		285,629
Andeavor Logistics LP/Tesoro Logistics Finance Corp.
5.25%, 01/15/2025		350,000		359,643
BP Capital Markets PLC
3.72%, 11/28/2028		160,000		160,967
Chevron Corp.
1.56%, 05/16/2019		215,000		213,014
2.90%, 03/03/2024		200,000		196,022
3.33%, 11/17/2025		270,000		268,965
Concho Resources, Inc.
3.75%, 10/01/2027		300,000		292,530
ConocoPhillips Co.
4.95%, 03/15/2026		200,000		217,491
Continental Resources, Inc.
4.38%, 01/15/2028(a)		400,000		390,500
Enterprise Products Operating LLC
3.35%, 03/15/2023		668,000		667,279
Exxon Mobil Corp.
2.22%, 03/01/2021		350,000		344,115
3.04%, 03/01/2026		60,000		58,699
Kinder Morgan, Inc./DE
3.05%, 12/01/2019		668,000		668,666
4.30%, 06/01/2025		65,000		65,689
ONEOK Partners LP
3.38%, 10/01/2022		600,000		597,956
Sabine Pass Liquefaction LLC
6.25%, 03/15/2022		105,000		114,633
5.63%, 04/15/2023		500,000		536,304
Shell International Finance BV
2.88%, 05/10/2026		500,000		479,481

 

Security Description	Principal Amount		Value
Energy (continued)
Targa Resources Partners LP/Targa Resources Partners Finance Corp
5.00%, 01/15/2028(a)	$	200,000	$	195,000
Williams Partners LP
3.90%, 01/15/2025		310,000		308,144
Total Energy				6,420,727
Financials (29.85%)
Aflac, Inc.
3.63%, 11/15/2024		450,000		455,039
American Express Credit Corp.
1.88%, 05/03/2019		165,000		163,602
2.38%, 05/26/2020		150,000		148,427
2.25%, 05/05/2021		25,000		24,407
American International Group, Inc.
4.13%, 02/15/2024		194,000		199,218
3.90%, 04/01/2026		100,000		99,662
Bank of America Corp.
3M US L + 0.77%, 02/05/2026(b)		1,000,000		998,087
Bank of Montreal
2.38%, 01/25/2019		25,000		24,971
2.55%, 11/06/2022		175,000		170,143
Bank of New York Mellon Corp.
2.45%, 11/27/2020		700,000		691,270
Barclays PLC
4.38%, 09/11/2024		100,000		98,323
5.20%, 05/12/2026		187,000		190,238
4.34%, 01/10/2028		200,000		199,134
Berkshire Hathaway Finance Corp.
5.75%, 01/15/2040		101,000		126,372
Berkshire Hathaway, Inc.
3.13%, 03/15/2026		150,000		146,128
Boston Properties LP
3.85%, 02/01/2023		600,000		614,856
3.13%, 09/01/2023		100,000		98,339
Branch Banking & Trust Co.
2.25%, 06/01/2020		200,000		197,451
Capital One Financial Corp.
3.50%, 06/15/2023		448,000		446,640
Capital One NA
2.25%, 09/13/2021		200,000		192,902
Charles Schwab Corp.
2.65%, 01/25/2023		450,000		439,539
3.20%, 01/25/2028		200,000		193,618
Chubb INA Holdings, Inc.
3.35%, 05/03/2026		400,000		395,576
Citigroup, Inc.
2.65%, 10/26/2020		402,000		398,036
2.70%, 03/30/2021		324,000		320,317
Cooperatieve Rabobank UA
4.63%, 12/01/2023		200,000		209,016

 

Security Description	Principal Amount		Value
Financials (continued)
Credit Suisse Group Funding Guernsey, Ltd.
3.13%, 12/10/2020	$	200,000	$	199,515
3.45%, 04/16/2021		200,000		200,634
4.55%, 04/17/2026		200,000		207,705
Deutsche Bank AG
2.85%, 05/10/2019		25,000		24,967
4.25%, 10/14/2021		20,000		20,416
Deutsche Bank AG/London
2.50%, 02/13/2019		150,000		149,405
Discover Bank
7.00%, 04/15/2020		200,000		215,351
3.20%, 08/09/2021		195,000		193,933
Fidelity National Information Services, Inc.
3.50%, 04/15/2023		92,000		92,316
Goldman Sachs Group, Inc.
3M US L + 0.75%, 02/23/2023(b)		1,000,000		1,001,405
Host Hotels & Resorts LP
4.00%, 06/15/2025		20,000		19,879
HSBC Holdings PLC
3.90%, 05/25/2026		155,000		155,285
4.38%, 11/23/2026		200,000		201,167
HSBC USA, Inc.
2.35%, 03/05/2020		125,000		123,595
Intercontinental Exchange, Inc.
3.75%, 12/01/2025		405,000		412,015
3.10%, 09/15/2027		200,000		192,098
International Lease Finance Corp.
8.25%, 12/15/2020		350,000		394,758
5.88%, 08/15/2022		300,000		327,918
JPMorgan Chase & Co.
3.38%, 05/01/2023		668,000		663,317
3M US L + 1.34%, 02/01/2028(b)		130,000		129,594
KeyCorp
5.10%, 03/24/2021		600,000		635,900
Lloyds Banking Group PLC
3M US L + 1.205%, 11/07/2028(b)		200,000		190,558
Manufacturers & Traders Trust Co.
2.25%, 07/25/2019		25,000		24,861
3M US L + 0.27%, 01/25/2021(b)		800,000		800,280
MetLife, Inc.
7.72%, 02/15/2019		700,000		733,742
3.60%, 04/10/2024		140,000		140,521
Mitsubishi UFJ Financial Group, Inc.
2.67%, 07/25/2022		25,000		24,309
2.53%, 09/13/2023		35,000		33,410
3.85%, 03/01/2026		85,000		85,669
Mizuho Financial Group, Inc.
3.17%, 09/11/2027		350,000		332,211
Morgan Stanley
5.63%, 09/23/2019		760,000		792,384
2.65%, 01/27/2020		75,000		74,789
PNC Bank NA
2.95%, 01/30/2023		15,000		14,709

 

Security Description	Principal Amount		Value
Financials (continued)
PNC Financial Services Group, Inc.
3.15%, 05/19/2027	$	650,000	$	625,389
Prudential Financial, Inc.
7.38%, 06/15/2019		350,000		370,986
4.50%, 11/16/2021		150,000		157,539
Royal Bank of Scotland Group PLC
3M US L + 1.48%, 05/15/2023(b)		200,000		197,215
Simon Property Group LP
2.20%, 02/01/2019		25,000		24,928
2.50%, 07/15/2021		24,000		23,697
4.13%, 12/01/2021		250,000		259,039
UBS Group Funding Switzerland AG
3.49%, 05/23/2023(a)		250,000		250,375
4.13%, 04/15/2026(a)		150,000		152,081
US Bancorp
2.63%, 01/24/2022		175,000		172,429
3.00%, 03/15/2022		500,000		500,371
Visa, Inc.
3.15%, 12/14/2025		150,000		146,925
2.75%, 09/15/2027		450,000		424,099
Wells Fargo & Co.
2.13%, 04/22/2019		500,000		497,213
2.55%, 12/07/2020		231,000		228,264
4.60%, 04/01/2021		29,000		30,276
Total Financials				20,110,753
Health Care (9.23%)
AbbVie, Inc.
2.90%, 11/06/2022		670,000		655,776
Aetna, Inc.
3.50%, 11/15/2024		705,000		692,593
Allergan Funding SCS
3.00%, 03/12/2020		668,000		667,863
Bristol-Myers Squibb Co.
1.75%, 03/01/2019		375,000		372,309
CVS Health Corp.
2.25%, 08/12/2019		625,000		619,910
Express Scripts Holding Co.
4.75%, 11/15/2021		145,000		151,975
3.00%, 07/15/2023		600,000		579,556
Fresenius Medical Care US Finance II, Inc.
4.13%, 10/15/2020(a)		600,000		612,002
Gilead Sciences, Inc.
4.40%, 12/01/2021		125,000		130,621
2.50%, 09/01/2023		200,000		191,871
Johnson & Johnson
2.45%, 03/01/2026		25,000		23,529
Medtronic Global Holdings SCA
1.70%, 03/28/2019		25,000		24,793
Medtronic, Inc.
3.50%, 03/15/2025		100,000		99,972
Merck & Co., Inc.
2.80%, 05/18/2023		210,000		207,892

 

Security Description	Principal Amount		Value
Health Care (continued)
Pfizer, Inc.
3.00%, 12/15/2026	$	712,000	$	689,428
UnitedHealth Group, Inc.
2.88%, 03/15/2023		250,000		246,402
3.75%, 07/15/2025		250,000		253,628
Total Health Care				6,220,120
Industrials (8.23%)
Boeing Co.
6.00%, 03/15/2019		150,000		155,232
Burlington Northern Santa Fe LLC
3.05%, 09/01/2022		227,000		227,434
3.00%, 04/01/2025		173,000		169,260
Caterpillar Financial Services Corp.
2.50%, 11/13/2020		270,000		268,118
2.75%, 08/20/2021		200,000		198,732
2.40%, 06/06/2022		150,000		146,268
CNH Industrial Capital LLC
4.88%, 04/01/2021		300,000		312,120
CSX Corp.
4.25%, 06/01/2021		50,000		51,827
3.40%, 08/01/2024		255,000		254,208
2.60%, 11/01/2026		100,000		91,256
FedEx Corp.
3.40%, 02/15/2028		300,000		293,093
General Dynamics Corp.
2.63%, 11/15/2027		250,000		232,839
General Electric Co.
2.70%, 10/09/2022		200,000		193,600
Honeywell International, Inc.
1.85%, 11/01/2021		135,000		130,375
2.50%, 11/01/2026		351,000		324,685
John Deere Capital Corp.
3M US L + 0.16%, 01/08/2021(b)		400,000		400,296
2.65%, 06/24/2024		276,000		266,232
Lockheed Martin Corp.
4.25%, 11/15/2019		200,000		205,506
3.55%, 01/15/2026		450,000		450,773
Northrop Grumman Corp.
3.25%, 01/15/2028		200,000		191,910
United Parcel Service, Inc.
2.50%, 04/01/2023		400,000		388,152
United Technologies Corp.
2.80%, 05/04/2024		516,000		494,683
3.13%, 05/04/2027		100,000		95,182
Total Industrials				5,541,781
Materials (5.85%)
Dow Chemical Co.
4.25%, 11/15/2020		600,000		618,502
3.00%, 11/15/2022		100,000		98,600
Glencore Funding LLC
3.00%, 10/27/2022(a)		500,000		488,160
International Paper Co.
3.00%, 02/15/2027		500,000		467,763

 

Security Description	Principal Amount		Value
Materials (continued)
Monsanto Co.
2.13%, 07/15/2019	$	205,000	$	203,315
Potash Corp. of Saskatchewan, Inc.
4.00%, 12/15/2026		150,000		151,058
Sherwin-Williams Co.
3.45%, 08/01/2025		650,000		636,504
Steel Dynamics, Inc.
5.50%, 10/01/2024		500,000		518,750
USG Corp.
4.88%, 06/01/2027(a)		650,000		641,875
Vale Overseas, Ltd.
6.25%, 08/10/2026		100,000		113,020
Total Materials				3,937,547
Technology (7.17%)
Apple, Inc.
2.40%, 05/03/2023		503,000		486,896
3.20%, 05/11/2027		174,000		169,753
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.00%, 01/15/2022		250,000		244,538
Cisco Systems, Inc.
4.95%, 02/15/2019		606,000		620,212
Flex, Ltd.
5.00%, 02/15/2023		668,000		704,292
IBM Credit LLC
3M US L + 0.16%, 02/05/2021(b)		1,000,000		999,997
Microsoft Corp.
4.10%, 02/06/2037		150,000		157,860
Oracle Corp.
2.38%, 01/15/2019		350,000		349,695
3.40%, 07/08/2024		55,000		55,167
QUALCOMM, Inc.
1.85%, 05/20/2019		125,000		123,893
2.60%, 01/30/2023		375,000		357,614
S&P Global, Inc.
4.00%, 06/15/2025		450,000		461,248
Xerox Corp.
3.63%, 03/15/2023		100,000		97,771
Total Technology				4,828,936
Utilities (3.17%)
CMS Energy Corp.
3.60%, 11/15/2025		100,000		99,063
Consumers Energy Co.
3.13%, 08/31/2024		175,000		172,824
Dominion Energy, Inc.
5.20%, 08/15/2019		500,000		516,822
3.63%, 12/01/2024		50,000		50,018
Duke Energy Corp.
1.80%, 09/01/2021		675,000		646,094
Exelon Corp.
3.50%, 06/01/2022		65,000		64,974

 

Security Description			Principal Amount		Value
Utilities (continued)
Southern Co.
2.95%, 07/01/2023			$	600,000	$	583,615
Total Utilities						2,133,410
TOTAL CORPORATE BONDS
(Cost $60,568,238)						59,410,214
GOVERNMENT BONDS (5.10%)
United States Treasury Bond
3.88%, 08/15/2040				102,300		115,653
2.75%, 11/15/2047				1,400,000		1,297,379
United States Treasury Inflation Indexed Bonds
2.13%, 02/15/2040				855,450		1,064,908
United States Treasury Strip Principal
0.00%, 02/15/2038(c)				1,000,000		550,634
0.00%, 11/15/2046(c)				1,000,000		405,661
TOTAL GOVERNMENT BONDS
(Cost $3,533,082)						3,434,235
Security Description	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (5.94%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $4,001,263)	1.299	%		4,001,263		4,001,263
TOTAL SHORT TERM INVESTMENTS
(Cost $4,001,263)						4,001,263
TOTAL INVESTMENTS (99.24%)
(Cost $68,102,583)					$	66,845,712
NET OTHER ASSETS AND LIABILITIES (0.76%)						509,325
NET ASSETS (100.00%)					$	67,355,037

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

LIBOR Rate:

3M US L - 3 Month LIBOR as of February 28, 2018 was 2.02%

^(a) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $3,785,889, representing 5.62% of net assets.

^(b) Floating or variable rate security. The reference rate is described above. The Rate in effect as of February 28, 2018 is based on the reference rate plus the displayed spread as of the security's last reset date.

^(c) Zero coupon bond.

See Notes to Quarterly Schedule of Investments.

 

RIVERFRONT DYNAMIC UNCONSTRAINED INCOME ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Principal Amount		Value
CORPORATE BONDS (94.59%)
Communications (16.36%)
Cablevision Systems Corp.
5.88%, 09/15/2022	$	150,000	$	150,375
CCO Holdings LLC / CCO Holdings Capital Corp.
5.13%, 05/01/2027(a)		150,000		144,813
CenturyLink, Inc.
7.50%, 04/01/2024		100,000		100,750
Clear Channel Worldwide Holdings, Inc.
6.50%, 11/15/2022		150,000		154,500
Hughes Satellite Systems Corp.
6.63%, 08/01/2026		100,000		102,530
Lamar Media Corp.
5.75%, 02/01/2026		100,000		103,875
Level 3 Financing, Inc.
5.38%, 01/15/2024		110,000		109,725
Netflix, Inc.
4.38%, 11/15/2026		100,000		96,500
SFR Group SA
6.25%, 05/15/2024(a)		100,000		93,500
Sinclair Television Group, Inc.
5.13%, 02/15/2027(a)		100,000		96,625
Sirius XM Radio, Inc.
4.63%, 05/15/2023(a)		25,000		25,000
Sprint Communications, Inc.
6.00%, 11/15/2022		210,000		207,899
T-Mobile USA, Inc.
6.50%, 01/15/2024		150,000		157,500
Univision Communications, Inc.
5.13%, 05/15/2023(a)		150,000		142,500
VeriSign, Inc.
4.75%, 07/15/2027		150,000		147,000
Zayo Group LLC / Zayo Capital, Inc.
5.75%, 01/15/2027(a)		100,000		100,750
Ziggo Secured Finance BV
5.50%, 01/15/2027(a)		150,000		144,188
Total Communications				2,078,030
Consumer Discretionary (14.99%)
American Axle & Manufacturing, Inc.
6.25%, 04/01/2025		100,000		103,563
Aramark Services, Inc.
5.13%, 01/15/2024		150,000		153,374
Avis Budget Car Rental LLC / Avis Budget Finance, Inc.
5.50%, 04/01/2023		107,000		106,599

 

Security Description	Principal Amount		Value
Consumer Discretionary (continued)
Dana Financing Luxembourg Sarl
5.75%, 04/15/2025(a)	$	100,000	$	102,688
Goodyear Tire & Rubber Co.
5.00%, 05/31/2026		150,000		150,563
Hanesbrands, Inc.
4.63%, 05/15/2024(a)		150,000		149,250
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.
4.63%, 04/01/2025		150,000		150,937
International Game Technology PLC
6.25%, 02/15/2022(a)		150,000		159,187
Jaguar Land Rover Automotive PLC
4.50%, 10/01/2027(a)		50,000		47,750
KB Home
7.50%, 09/15/2022		30,000		33,563
KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC
5.00%, 06/01/2024(a)		150,000		151,874
L Brands, Inc.
5.25%, 02/01/2028		50,000		48,188
Lennar Corp.
4.13%, 01/15/2022		150,000		149,063
PulteGroup, Inc.
5.50%, 03/01/2026		55,000		56,100
5.00%, 01/15/2027		40,000		39,900
Scotts Miracle-Gro Co.
5.25%, 12/15/2026		100,000		101,468
ServiceMaster Co. LLC
5.13%, 11/15/2024(a)		100,000		98,750
Six Flags Entertainment Corp.
5.50%, 04/15/2027(a)		100,000		100,625
Total Consumer Discretionary				1,903,442
Consumer Staples (2.93%)
Pinnacle Foods Finance LLC / Pinnacle Foods Finance Corp.
5.88%, 01/15/2024		100,000		104,875
Spectrum Brands, Inc.
5.75%, 07/15/2025		110,000		113,850
TreeHouse Foods, Inc.
6.00%, 02/15/2024(a)		150,000		153,375
Total Consumer Staples				372,100
Energy (14.70%)
Andeavor Logistics LP / Tesoro Logistics Finance Corp.
5.25%, 01/15/2025		150,000		154,132
Cheniere Corpus Christi Holdings LLC
7.00%, 06/30/2024		125,000		140,344
CNX Resources Corp.
5.88%, 04/15/2022		150,000		151,219
Continental Resources, Inc.
4.38%, 01/15/2028(a)		150,000		146,438
DCP Midstream Operating LP
3.88%, 03/15/2023		100,000		98,000

 

Security Description	Principal Amount		Value
Energy (continued)
Energy Transfer Equity LP
5.50%, 06/01/2027	$	100,000	$	103,750
Ensco PLC
7.75%, 02/01/2026		150,000		142,125
Genesis Energy LP / Genesis Energy Finance Corp.
6.25%, 05/15/2026		100,000		97,000
Gulfport Energy Corp.
6.00%, 10/15/2024		100,000		98,750
Nabors Industries, Inc.
5.75%, 02/01/2025(a)		50,000		47,781
Newfield Exploration Co.
5.75%, 01/30/2022		200,000		211,999
Range Resources Corp.
5.00%, 08/15/2022		35,000		34,650
5.00%, 03/15/2023		35,000		34,388
Sunoco LP / Sunoco Finance Corp.
5.50%, 02/15/2026(a)		150,000		150,375
Targa Resources Partners LP / Targa Resources Partners Finance Corp
5.00%, 01/15/2028(a)		50,000		48,750
Transocean, Inc.
9.00%, 07/15/2023(a)		50,000		54,188
Whiting Petroleum Corp.
6.63%, 01/15/2026(a)		150,000		153,187
Total Energy				1,867,076
Financials (8.76%)
Aircastle, Ltd.
4.13%, 05/01/2024		65,000		64,269
Ally Financial, Inc.
5.75%, 11/20/2025		150,000		156,938
CIT Group, Inc.
5.00%, 08/15/2022		136,000		140,590
Equinix, Inc.
5.75%, 01/01/2025		100,000		105,000
Icahn Enterprises LP / Icahn Enterprises Finance Corp.
5.88%, 02/01/2022		100,000		100,375
Iron Mountain, Inc.
5.75%, 08/15/2024		200,000		199,999
iStar, Inc.
5.25%, 09/15/2022		100,000		98,500
MPT Operating Partnership LP / MPT Finance Corp.
5.00%, 10/15/2027		100,000		97,950
Springleaf Finance Corp.
5.63%, 03/15/2023		150,000		148,688
Total Financials				1,112,309
Health Care (8.44%)
Avantor, Inc.
6.00%, 10/01/2024(a)		100,000		100,250
Centene Corp.
6.13%, 02/15/2024		100,000		105,250

 

Security Description	Principal Amount		Value
Health Care (continued)
DaVita, Inc.
5.00%, 05/01/2025	$	100,000	$	98,375
Encompass Health Corp.
5.75%, 11/01/2024		125,000		126,719
HCA, Inc.
5.00%, 03/15/2024		150,000		153,187
LifePoint Health, Inc.
5.38%, 05/01/2024		150,000		147,188
Tenet Healthcare Corp.
4.75%, 06/01/2020		150,000		153,000
Valeant Pharmaceuticals International, Inc.
5.38%, 03/15/2020(a)		36,000		36,045
7.50%, 07/15/2021(a)		150,000		151,312
Total Health Care				1,071,326
Industrials (5.91%)
Bombardier, Inc.
7.75%, 03/15/2020(a)		100,000		107,125
Terex Corp.
5.63%, 02/01/2025(a)		100,000		101,125
TransDigm, Inc.
6.00%, 07/15/2022		100,000		102,625
United Rentals North America, Inc.
5.88%, 09/15/2026		150,000		157,687
WESCO Distribution, Inc.
5.38%, 06/15/2024		150,000		151,125
XPO Logistics, Inc.
6.50%, 06/15/2022(a)		125,000		130,313
Total Industrials				750,000
Materials (14.56%)
AK Steel Corp.
7.50%, 07/15/2023		100,000		107,250
Ball Corp.
5.25%, 07/01/2025		150,000		158,062
BWAY Holding Co.
5.50%, 04/15/2024(a)		100,000		102,500
Cascades, Inc.
5.50%, 07/15/2022(a)		137,000		139,398
Chemours Co.
7.00%, 05/15/2025		150,000		162,374
Crown Americas LLC / Crown Americas Capital Corp. V
4.25%, 09/30/2026		150,000		142,500
Freeport-McMoRan, Inc.
3.88%, 03/15/2023		75,000		72,938
Glencore Funding LLC
4.00%, 03/27/2027(a)		150,000		146,583
NOVA Chemicals Corp.
5.25%, 06/01/2027(a)		150,000		147,000
Owens-Brockway Glass Container, Inc.
5.00%, 01/15/2022(a)		150,000		153,563

 

Security Description			Principal Amount		Value
Materials (continued)
Plastipak Holdings, Inc.
6.25%, 10/15/2025(a)			$	50,000	$	51,125
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC
5.13%, 07/15/2023(a)				65,000		66,300
Silgan Holdings, Inc.
4.75%, 03/15/2025				150,000		149,625
Steel Dynamics, Inc.
5.00%, 12/15/2026				100,000		102,250
USG Corp.
4.88%, 06/01/2027(a)				150,000		148,125
Total Materials						1,849,593
Technology (3.49%)
Dell International LLC / EMC Corp.
5.88%, 06/15/2021(a)				50,000		51,250
7.13%, 06/15/2024(a)				50,000		53,829
6.02%, 06/15/2026(a)				50,000		53,468
j2 Cloud Services LLC / j2 Global Co.-Obligor, Inc.
6.00%, 07/15/2025(a)				25,000		26,000
NCR Corp.
5.00%, 07/15/2022				100,000		100,750
SS&C Technologies Holdings, Inc.
5.88%, 07/15/2023				150,000		157,875
Total Technology						443,172
Utilities (4.45%)
AES Corp. / VA
5.13%, 09/01/2027				100,000		101,500
AmeriGas Partners LP / AmeriGas Finance Corp.
5.75%, 05/20/2027				150,000		149,250
Calpine Corp.
5.38%, 01/15/2023				150,000		146,813
Dynegy, Inc.
7.38%, 11/01/2022				60,000		63,375
NRG Energy, Inc.
6.63%, 01/15/2027				100,000		103,750
Total Utilities						564,688
TOTAL CORPORATE BONDS
(Cost $12,202,783)						12,011,736
Security Description	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (4.20%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $533,606)	1.299	%		533,606		533,606
TOTAL SHORT TERM INVESTMENTS
(Cost $533,606)						533,606

	Value
TOTAL INVESTMENTS (98.79%)
(Cost $12,736,389)	$	12,545,342
NET OTHER ASSETS AND LIABILITIES (1.21%)		153,691
NET ASSETS (100.00%)	$	12,699,033

^(a) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $4,076,905, representing 32.10% of net assets.

See Notes to Quarterly Schedule of Investments.

 

RIVERFRONT DYNAMIC US DIVIDEND ADVANTAGE ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.72%)
Consumer Discretionary (16.42%)
Amazon.com, Inc.(a)		762	$	1,152,487
Aptiv PLC		7,160		653,923
Best Buy Co., Inc.		9,086		658,190
Dana, Inc.		16,603		441,142
Ford Motor Co.		71,833		762,148
Garmin, Ltd.		6,443		381,683
General Motors Co.		17,341		682,368
H&R Block, Inc.		21,734		550,522
John Wiley & Sons, Inc., Class A		5,903		379,268
Lowe's Cos., Inc.		7,371		660,368
Macy's, Inc.		29,517		868,095
Meredith Corp.		10,164		582,397
Modine Manufacturing Co.(a)		24,323		559,429
Netflix, Inc.(a)		4,401		1,282,364
NVR, Inc.(a)		155		440,691
Scripps Networks Interactive, Inc., Class A		4,254		382,264
Target Corp.		9,597		723,710
Thor Industries, Inc.		3,651		470,979
TripAdvisor, Inc.(a)		16,234		650,659
Total Consumer Discretionary				12,282,687
Consumer Staples (3.26%)
Kellogg Co.		8,541		565,414
PepsiCo, Inc.		5,799		636,324
Philip Morris International, Inc.		7,901		818,149
Walmart, Inc.		4,656		419,087
Total Consumer Staples				2,438,974
Energy (5.31%)
Archrock, Inc.		38,128		362,216
Chevron Corp.		6,481		725,354
Exxon Mobil Corp.		11,224		850,105
Helmerich & Payne, Inc.		6,234		402,405
Occidental Petroleum Corp.		7,440		488,064
ONEOK, Inc.		9,585		539,923
Phillips 66		3,259		294,516
Williams Cos., Inc.		11,105		308,275
Total Energy				3,970,858
Financials (21.62%)
Ameriprise Financial, Inc.		4,102		641,717
Bank of America Corp.		15,040		482,784
Everest Re Group, Ltd.		3,032		728,408
Federated Investors, Inc., Class B		14,583		475,114
Fifth Third Bancorp		15,957		527,379
Goldman Sachs Group, Inc.		3,412		897,117

 

Security Description	Shares		Value
Financials (continued)
Hartford Financial Services Group, Inc.		13,115	$	693,128
Invesco, Ltd.		16,053		522,365
JPMorgan Chase & Co.		12,822		1,480,942
Legg Mason, Inc.		13,821		551,596
M&T Bank Corp.		2,793		530,223
Mercury General Corp.		6,608		301,589
MetLife, Inc.		13,280		613,403
Navient Corp.		58,665		760,298
New York Community Bancorp, Inc.		27,319		372,085
Old Republic International Corp.		24,108		482,883
People's United Financial, Inc.		29,381		562,352
Progressive Corp.		7,987		459,891
Prudential Financial, Inc.		4,757		505,764
S&P Global, Inc.		3,629		696,042
SunTrust Banks, Inc.		9,097		635,334
Synchrony Financial		14,808		538,863
T Rowe Price Group, Inc.		11,933		1,335,304
Wells Fargo & Co.		14,318		836,314
XL Group, Ltd.		12,686		536,745
Total Financials				16,167,640
Health Care (11.11%)
AbbVie, Inc.		9,848		1,140,694
Aetna, Inc.		4,703		832,713
AmerisourceBergen Corp.		9,304		885,369
Amgen, Inc.		3,097		569,136
Cardinal Health, Inc.		6,184		427,995
Gilead Sciences, Inc.		13,733		1,081,199
McKesson Corp.		6,972		1,040,432
Owens & Minor, Inc.		28,713		471,180
Pfizer, Inc.		51,226		1,860,015
Total Health Care				8,308,733
Industrials (7.24%)
Boeing Co.		1,712		620,104
Cummins, Inc.		3,108		522,672
Eaton Corp. PLC		11,754		948,547
Lennox International, Inc.		2,609		533,880
Meritor, Inc.(a)		22,592		553,504
Pitney Bowes, Inc.		35,480		439,952
Quanta Services, Inc.(a)		15,445		531,926
Regal Beloit Corp.		4,868		351,956
RR Donnelley & Sons Co.		56,142		423,311
USG Corp.(a)		14,692		491,007
Total Industrials				5,416,859
Information Technology (21.67%)
Accenture PLC, Class A		5,737		923,714
Apple, Inc.		16,459		2,931,678
Broadcom, Ltd.		3,679		906,726
Cadence Design Systems, Inc.(a)		12,833		497,535
Cognizant Technology Solutions Corp., Class A		14,449		1,185,107
CommVault Systems, Inc.(a)		10,315		536,896
Facebook, Inc., Class A(a)		7,642		1,362,721

Security Description			Shares		Value
Information Technology (continued)
Intuit, Inc.				4,282	$	714,495
Juniper Networks, Inc.				14,612		374,944
Lam Research Corp.				4,354		835,358
Manhattan Associates, Inc.(a)				14,813		623,627
Microchip Technology, Inc.				8,437		750,302
Micron Technology, Inc.(a)				21,766		1,062,398
National Instruments Corp.				12,796		646,966
Red Hat, Inc.(a)				4,946		729,040
Texas Instruments, Inc.				15,369		1,665,231
Western Digital Corp.				5,293		460,703
Total Information Technology						16,207,441
Materials (1.57%)
LyondellBasell Industries NV, Class A				5,674		614,040
RPM International, Inc.				11,227		558,768
Total Materials						1,172,808
Real Estate (3.31%)
Core Civic, Inc.				27,371		569,043
Iron Mountain, Inc.				9,090		285,971
LaSalle Hotel Properties				22,030		540,396
Tanger Factory Outlet Centers, Inc.				17,095		381,560
Washington Prime Group, Inc.				106,426		697,091
Total Real Estate						2,474,061
Telecommunication Services (3.52%)
AT&T, Inc.				34,912		1,267,306
CenturyLink, Inc.				28,204		498,365
Verizon Communications, Inc.				18,214		869,536
Total Telecommunication Services						2,635,207
Utilities (4.69%)
American Electric Power Co., Inc.				3,793		248,745
Consolidated Edison, Inc.				9,326		698,424
Duke Energy Corp.				6,791		511,634
Entergy Corp.				7,910		599,736
FirstEnergy Corp.				15,620		504,995
PPL Corp.				18,291		524,037
Southern Co.				9,750		419,835
Total Utilities						3,507,406
TOTAL COMMON STOCKS
(Cost $69,366,326)						74,582,674
Security Description	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.09%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $69,319)	1.299	%		69,319		69,319
TOTAL SHORT TERM INVESTMENTS
(Cost $69,319)						69,319

	Value
TOTAL INVESTMENTS (99.81%)
(Cost $69,435,645)	$	74,651,993
NET OTHER ASSETS AND LIABILITIES (0.19%)		142,940
NET ASSETS (100.00%)	$	74,794,933

^(a) Non income producing security.

See Notes to Quarterly Schedule of Investments.

 

RIVERFRONT DYNAMIC US FLEX-CAP ETF	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.90%)
Consumer Discretionary (15.34%)
Amazon.com, Inc.(a)		894	$	1,352,131
Bed Bath & Beyond, Inc.		11,162		239,313
Booking Holdings, Inc.(a)		84		170,859
Dana, Inc.		8,619		229,007
Dollar General Corp.		3,126		295,688
Express, Inc.(a)		36,072		260,440
Finish Line, Inc., Class A		23,381		248,306
Home Depot, Inc.		3,457		630,107
Jack in the Box, Inc.		2,613		235,379
Lowe's Cos., Inc.		3,909		350,207
Macy's, Inc.		10,735		315,716
McDonald's Corp.		3,266		515,179
Michael Kors Holdings, Ltd.(a)		4,522		284,569
Modine Manufacturing Co.(a)		11,138		256,174
Netflix, Inc.(a)		2,488		724,954
Office Depot, Inc.		81,647		214,732
Signet Jewelers, Ltd.		5,053		254,065
Time Warner, Inc.		4,145		385,319
TJX Cos., Inc.		3,939		325,677
Winnebago Industries, Inc.		5,774		251,458
Total Consumer Discretionary				7,539,280
Consumer Staples (4.84%)
Constellation Brands, Inc., Class A		1,160		249,957
CVS Health Corp.		4,880		330,522
Mondelez International, Inc., Class A		4,769		209,359
PepsiCo, Inc.		2,281		250,294
Tyson Foods, Inc., Class A		5,606		416,974
Unilever NV		8,888		464,843
Walmart, Inc.		5,067		456,081
Total Consumer Staples				2,378,030
Energy (5.56%)
California Resources Corp.(a)		15,769		222,501
Chesapeake Energy Corp.(a)(b)		87,493		246,730
Chevron Corp.		1,088		121,769
Cloud Peak Energy, Inc.(a)		58,477		192,389
Ensco PLC, Class A		48,968		217,418
Exxon Mobil Corp.		2,803		212,299
Kinder Morgan, Inc.		15,799		255,944
National Oilwell Varco, Inc.		7,886		276,720
Oceaneering International, Inc.		13,174		242,138
Oil States International, Inc.(a)		10,336		254,266
Transocean, Ltd.(a)		54,029		492,204
Total Energy				2,734,378
Financials (19.72%)
American Equity Investment Life Holding Co.		8,462		259,022
American Express Co.		3,985		388,577

 

Security Description	Shares		Value
Financials (continued)
Bank of America Corp.		23,008	$	738,557
BB&T Corp.		6,000		326,100
Brighthouse Financial, Inc.(a)		4,374		237,377
Capital One Financial Corp.		3,665		358,913
Capstead Mortgage Corp.		35,936		300,066
Citigroup, Inc.		8,205		619,395
Citizens Financial Group, Inc.		6,370		277,031
City Holding Co.		2,631		177,250
Comerica, Inc.		2,932		285,049
Enova International, Inc.(a)		12,464		274,208
Everest Re Group, Ltd.		1,225		294,294
Franklin Resources, Inc.		6,826		263,961
Genworth Financial, Inc., Class A(a)		85,580		232,778
Goldman Sachs Group, Inc.		1,627		427,787
JPMorgan Chase & Co.		8,612		994,687
Legg Mason, Inc.		6,562		261,889
M&T Bank Corp.		1,597		303,174
MetLife, Inc.		7,173		331,321
Morgan Stanley		7,406		414,884
Navient Corp.		18,188		235,716
Principal Financial Group, Inc.		4,311		268,705
Prudential Financial, Inc.		2,843		302,268
Regions Financial Corp.		15,092		292,936
Synchrony Financial		8,550		311,135
T Rowe Price Group, Inc.		2,771		310,075
Wells Fargo & Co.		3,554		207,589
Total Financials				9,694,744
Health Care (10.96%)
Abbott Laboratories		7,227		436,005
Centene Corp.(a)		2,406		244,017
Cigna Corp.		1,509		295,598
Community Health Systems, Inc.(a)(b)		24,522		125,553
DaVita, Inc.(a)		4,409		317,536
Endo International PLC(a)		71,930		453,518
Express Scripts Holding Co.(a)		4,866		367,140
Gilead Sciences, Inc.		6,201		488,204
HCA Healthcare, Inc.		2,526		250,706
Humana, Inc.		1,380		375,112
Johnson & Johnson		6,017		781,487
Kindred Healthcare, Inc.		33,408		307,354
Mallinckrodt PLC(a)		12,597		210,118
McKesson Corp.		2,035		303,683
Medtronic PLC		5,398		431,246
Total Health Care				5,387,277
Industrials (9.59%)
AECOM(a)		7,424		263,626
Arconic, Inc.		17,046		415,752
Boeing Co.		1,796		650,528
Brink's Co.		4,365		320,828
Esterline Technologies Corp.(a)		5,779		427,067
FedEx Corp.		1,409		347,192
Harsco Corp.(a)		15,102		305,816
Huntington Ingalls Industries, Inc.		1,233		323,058
Marten Transport, Ltd.		11,120		240,748
Meritor, Inc.(a)		10,471		256,540
Old Dominion Freight Line, Inc.		2,018		280,341

 

Security Description	Shares		Value
Industrials (continued)
Saia, Inc.(a)		3,430	$	249,190
SkyWest, Inc.		4,804		263,259
United Rentals, Inc.(a)		2,118		370,841
Total Industrials				4,714,786
Information Technology (23.71%)
Adobe Systems, Inc.(a)		2,247		469,915
Alphabet, Inc., Class A(a)		825		910,734
Alphabet, Inc., Class C(a)		502		554,574
Apple, Inc.		10,604		1,888,784
Applied Materials, Inc.		8,428		485,369
CACI International, Inc., Class A(a)		1,836		273,656
Cognizant Technology Solutions Corp., Class A		4,214		345,632
ExlService Holdings, Inc.(a)		4,337		247,296
Facebook, Inc., Class A(a)		6,202		1,105,941
Insight Enterprises, Inc.(a)		7,330		256,037
Mastercard, Inc., Class A		3,047		535,541
Microchip Technology, Inc.		4,042		359,455
Micron Technology, Inc.(a)		10,085		492,249
Microsoft Corp.		16,887		1,583,494
Oracle Corp.		4,475		226,748
PayPal Holdings, Inc.(a)		6,181		490,833
ScanSource, Inc.(a)		7,231		236,815
Skyworks Solutions, Inc.		2,714		296,505
Total System Services, Inc.		3,272		287,772
Virtusa Corp.(a)		5,943		283,600
Western Digital Corp.		3,677		320,046
Total Information Technology				11,650,996
Materials (4.18%)
Crown Holdings, Inc.(a)		4,514		224,978
Ingevity Corp.(a)		3,631		271,998
Koppers Holdings, Inc.(a)		7,997		323,079
Monsanto Co.		2,905		358,390
Reliance Steel & Aluminum Co.		3,681		331,916
RPM International, Inc.		5,526		275,029
SunCoke Energy, Inc.(a)		25,236		269,520
Total Materials				2,054,910
Real Estate (3.30%)
CBL & Associates Properties, Inc.(b)		47,755		221,106
DDR Corp.		31,571		246,254
Pennsylvania Real Estate Investment Trust		24,250		253,170
Quality Care Properties, Inc.(a)		13,550		167,885
Taubman Centers, Inc.		4,057		237,172
Uniti Group, Inc.		15,035		230,787
Washington Prime Group, Inc.		40,821		267,377
Total Real Estate				1,623,751
Telecommunication Services (0.88%)
AT&T, Inc.		3,749		136,089
Iridium Communications, Inc.(a)		25,160		294,372
Total Telecommunication Services				430,461

Security Description			Shares		Value
Utilities (1.82%)
Avangrid, Inc.				5,586	$	271,032
Consolidated Edison, Inc.				1,728		129,410
Great Plains Energy, Inc.				9,186		267,772
SCANA Corp.				5,704		226,278
Total Utilities						894,492
TOTAL COMMON STOCKS
(Cost $46,026,795)						49,103,105
Security Description	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.06%)
Money Market Fund (0.04%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $18,334)	1.299	%		18,334		18,334
Investments Purchased with Collateral from Securities Loaned (1.02%)
State Street Navigator Securities Lending Government Money Market Portfolio, 1.38%
(Cost 502,929)				502,929		502,929
TOTAL SHORT TERM INVESTMENTS
(Cost $521,263)						521,263
TOTAL INVESTMENTS (100.96%)
(Cost $46,548,058)					$	49,624,368
NET OTHER ASSETS AND LIABILITIES (-0.96%)						(472,066	)
NET ASSETS (100.00%)					$	49,152,302

^(a) Non income producing security.

^(b) Security, or a portion of the security position, is currently on
loan. The total market value of securities on loan is $445,036.

See Notes to Quarterly Schedule of Investments.

 

RIVERFRONT STRATEGIC INCOME FUND	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Principal Amount		Value
CORPORATE BONDS (89.64%)
Communications (9.67%)
CCO Holdings LLC / CCO Holdings Capital Corp.
5.13%, 05/01/2027(a)	$	3,925,000	$	3,789,274
CenturyLink, Inc.
5.63%, 04/01/2020		4,040,000		4,115,548
DISH DBS Corp.
7.88%, 09/01/2019		6,500,000		6,873,750
Hughes Satellite Systems Corp.
6.50%, 06/15/2019		300,000		311,250
Lamar Media Corp.
5.00%, 05/01/2023		4,575,000		4,689,375
5.38%, 01/15/2024		500,000		517,945
Sprint Communications, Inc.
9.00%, 11/15/2018(a)		1,113,000		1,156,129
7.00%, 08/15/2020		4,550,000		4,771,812
T-Mobile USA, Inc.
6.50%, 01/15/2024		4,225,000		4,436,250
VeriSign, Inc.
5.25%, 04/01/2025		4,600,000		4,749,500
Total Communications				35,410,833
Consumer Discretionary (15.03%)
ADT Corp.
6.25%, 10/15/2021		5,438,000		5,801,666
Aramark Services, Inc.
5.13%, 01/15/2024		4,600,000		4,703,500
DR Horton, Inc.
4.38%, 09/15/2022		6,640,000		6,889,166
Goodyear Tire & Rubber Co.
5.13%, 11/15/2023		7,000,000		7,172,829
Hanesbrands, Inc.
4.63%, 05/15/2024(a)		4,334,000		4,312,330
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.
4.63%, 04/01/2025		5,050,000		5,081,563
International Game Technology PLC
6.25%, 02/15/2022(a)		4,499,000		4,774,564
KB Home
4.75%, 05/15/2019		1,200,000		1,221,000
KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC
5.00%, 06/01/2024(a)		5,087,000		5,150,588
Lennar Corp.
4.50%, 11/15/2019		500,000		508,750
Scotts Miracle-Gro Co.
6.00%, 10/15/2023		581,000		610,050
5.25%, 12/15/2026		3,783,000		3,838,534

 

Security Description	Principal Amount		Value
Consumer Discretionary (continued)
Service Corp. International
5.38%, 01/15/2022	$	3,145,000	$	3,219,693
5.38%, 05/15/2024		1,675,000		1,733,458
Total Consumer Discretionary				55,017,691
Consumer Staples (6.72%)
Dollar Tree, Inc.
5.75%, 03/01/2023		6,000,000		6,243,750
Pinnacle Foods Finance LLC / Pinnacle Foods Finance Corp.
4.88%, 05/01/2021		1,400,000		1,417,500
5.88%, 01/15/2024		6,189,000		6,490,714
Spectrum Brands, Inc.
5.75%, 07/15/2025		5,150,000		5,330,250
TreeHouse Foods, Inc.
6.00%, 02/15/2024(a)		5,000,000		5,112,500
Total Consumer Staples				24,594,714
Energy (15.92%)
Andeavor
5.38%, 10/01/2022		8,044,000		8,255,154
Cheniere Corpus Christi Holdings LLC
7.00%, 06/30/2024		4,017,000		4,510,087
Concho Resources, Inc.
4.38%, 01/15/2025		4,380,000		4,510,997
Continental Resources, Inc.
5.00%, 09/15/2022		4,520,000		4,599,100
DCP Midstream Operating LP
5.35%, 03/15/2020(a)		4,804,000		4,948,120
Energy Transfer Equity LP
7.50%, 10/15/2020		1,000,000		1,087,500
Kinder Morgan Energy Partners LP
5.00%, 10/01/2021		6,500,000		6,839,497
MPLX LP
5.50%, 02/15/2023		3,000,000		3,078,111
Nabors Industries, Inc.
5.00%, 09/15/2020		3,400,000		3,425,500
Newfield Exploration Co.
5.75%, 01/30/2022		7,030,000		7,451,800
Range Resources Corp.
5.75%, 06/01/2021		1,747,000		1,795,043
5.00%, 08/15/2022		2,452,000		2,427,480
Southwestern Energy Co.
4.10%, 03/15/2022		1,069,000		1,007,533
Targa Resources Partners LP / Targa Resources Partners Finance Corp.
5.25%, 05/01/2023		2,725,000		2,770,998
6.75%, 03/15/2024		1,490,000		1,586,850
Total Energy				58,293,770
Financials (8.18%)
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
4.63%, 10/30/2020		3,881,000		4,012,019

 

Security Description	Principal Amount		Value
Financials (continued)
Aircastle, Ltd.
6.25%, 12/01/2019	$	3,000,000	$	3,131,249
5.13%, 03/15/2021		2,050,000		2,114,063
Ally Financial, Inc.
4.75%, 09/10/2018		3,530,000		3,569,924
4.25%, 04/15/2021		1,000,000		1,015,000
CIT Group, Inc.
5.00%, 08/15/2022		4,285,000		4,429,619
Icahn Enterprises LP / Icahn Enterprises Finance Corp.
6.00%, 08/01/2020		2,000,000		2,040,250
Iron Mountain, Inc.
4.38%, 06/01/2021(a)		200,000		202,800
iStar, Inc.
5.00%, 07/01/2019		300,000		300,938
4.63%, 09/15/2020		4,350,000		4,382,625
Navient Corp.
8.45%, 06/15/2018		1,275,000		1,294,125
5.50%, 01/15/2019		3,400,000		3,458,480
Total Financials				29,951,092
Health Care (2.39%)
DaVita, Inc.
5.75%, 08/15/2022		4,000,000		4,120,000
HCA, Inc.
5.88%, 03/15/2022		4,349,000		4,620,813
Total Health Care				8,740,813
Industrials (5.13%)
United Rentals North America, Inc.
5.75%, 11/15/2024		4,540,000		4,704,575
WESCO Distribution, Inc.
5.38%, 12/15/2021		8,775,000		8,972,438
XPO Logistics, Inc.
6.50%, 06/15/2022(a)		4,900,000		5,108,250
Total Industrials				18,785,263
Materials (20.89%)
AK Steel Corp.
7.50%, 07/15/2023		4,390,000		4,708,275
Ashland LLC
4.75%, 08/15/2022		4,365,000		4,474,125
Ball Corp.
5.00%, 03/15/2022		7,616,000		7,930,159
Cascades, Inc.
5.50%, 07/15/2022(a)		1,494,000		1,520,145
5.75%, 07/15/2023(a)		3,112,000		3,197,580
Celanese US Holdings LLC
5.88%, 06/15/2021		6,920,000		7,449,212
Crown Americas LLC / Crown Americas Capital Corp. IV
4.50%, 01/15/2023		4,473,000		4,528,913
Glencore Funding LLC
4.63%, 04/29/2024(a)		2,815,000		2,921,511

 

Security Description	Principal Amount		Value
Materials (continued)
Graphic Packaging International LLC
4.75%, 04/15/2021	$	645,000	$	659,513
4.88%, 11/15/2022		4,651,000		4,802,157
4.13%, 08/15/2024		500,000		500,400
Huntsman International LLC
4.88%, 11/15/2020		6,025,000		6,184,843
Owens-Brockway Glass Container, Inc.
5.00%, 01/15/2022(a)		6,215,000		6,362,606
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC
5.75%, 10/15/2020		969,108		984,856
Sealed Air Corp.
6.50%, 12/01/2020(a)		1,000,000		1,070,000
Silgan Holdings, Inc.
5.00%, 04/01/2020		4,412,000		4,412,000
4.75%, 03/15/2025		2,176,000		2,170,560
Steel Dynamics, Inc.
4.13%, 09/15/2025		4,110,000		3,996,975
USG Corp.
5.50%, 03/01/2025(a)		4,144,000		4,325,300
Vale Overseas, Ltd.
5.88%, 06/10/2021		4,000,000		4,282,800
Total Materials				76,481,930
Technology (3.05%)
Flex, Ltd.
5.00%, 02/15/2023		5,682,000		5,990,700
SS&C Technologies Holdings, Inc.
5.88%, 07/15/2023		4,900,000		5,157,250
Total Technology				11,147,950
Utilities (2.66%)
AES Corp.
8.00%, 06/01/2020		1,121,000		1,233,100
5.50%, 03/15/2024		3,900,000		4,002,375
AmeriGas Partners LP / AmeriGas Finance Corp.
5.63%, 05/20/2024		4,455,000		4,499,550
Total Utilities				9,735,025
TOTAL CORPORATE BONDS
(Cost $327,109,045)				328,159,081
GOVERNMENT BONDS (4.34%)
United States Treasury Bond
2.75%, 11/15/2047		6,800,000		6,301,555
United States Treasury Inflation Indexed Bonds
2.13%, 02/15/2040		7,699,050		9,584,170
TOTAL GOVERNMENT BONDS
(Cost $16,045,645)				15,885,725

Security Description	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (4.72%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $17,263,809)		1.299	%		17,263,809	$	17,263,809
TOTAL SHORT TERM INVESTMENTS
(Cost $17,263,809)							17,263,809
TOTAL INVESTMENTS (98.70%)
(Cost $360,418,499)						$	361,308,615
NET OTHER ASSETS AND LIABILITIES (1.30%)							4,771,317
NET ASSETS (100.00%)						$	366,079,932

^(a) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $53,951,697, representing 14.74% of net assets.

See Notes to Quarterly Schedule of Investments.

SPROTT GOLD MINERS ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (100.00%)
Gold Mining (95.53%)
Agnico Eagle Mines, Ltd.		453,119	$	17,259,303
Alamos Gold, Inc., Class A		1,315,249		6,681,465
AngloGold Ashanti, Ltd., Sponsored ADR		544,752		5,087,984
B2Gold Corp.(a)(b)		1,642,173		4,877,254
Barrick Gold Corp.		601,998		6,935,017
Cia de Minas Buenaventura SAA, ADR		528,189		8,213,339
Gold Fields, Ltd., Sponsored ADR		1,240,180		4,861,505
Goldcorp, Inc.		1,464,851		18,325,286
Harmony Gold Mining Co., Ltd., Sponsored ADR(a)		1,950,194		4,056,403
IAMGOLD Corp.(b)		1,096,161		5,765,807
Kinross Gold Corp.(b)		1,554,681		5,565,758
McEwen Mining, Inc.(a)		2,196,827		4,283,813
Newmont Mining Corp.		501,725		19,165,895
Randgold Resources, Ltd., ADR		264,815		21,455,311
Royal Gold, Inc.		96,133		7,764,662
Sandstorm Gold, Ltd.(a)(b)		1,000,208		4,600,957
Seabridge Gold, Inc.(a)(b)		332,861		3,544,970
Sibanye Gold, Ltd., Sponsored ADR(a)		811,545		3,156,910
SSR Mining, Inc.(b)		437,096		3,627,897
Yamana Gold, Inc.		2,047,945		5,959,520
Total Gold Mining				161,189,056
Silver Mining (4.47%)
Coeur Mining, Inc.(b)		197,667		1,512,152
First Majestic Silver Corp.(a)(b)		266,615		1,415,726
Fortuna Silver Mines, Inc.(b)		343,665		1,549,929
Hecla Mining Co.		388,130		1,420,556
Pan American Silver Corp.		108,913		1,648,943
Total Silver Mining				7,547,306
TOTAL COMMON STOCKS
(Cost $174,750,553)				168,736,362
SHORT TERM INVESTMENTS (7.99%)
Investments Purchased with Collateral from Securities Loaned
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $13,481,419)		13,481,419		13,481,419
TOTAL SHORT TERM INVESTMENTS
(Cost $13,481,419)				13,481,419
TOTAL INVESTMENTS (107.99%)
(Cost $188,231,972)			$	182,217,781
NET LIABILITIES LESS OTHER ASSETS (-7.99%)				(13,488,204	)
NET ASSETS (100.00%)			$	168,729,577

^(a) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $13,069,782.

^(b) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

 

SPROTT JUNIOR GOLD MINERS ETF			SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description			Shares		Value
COMMON STOCKS (100.01%)
Gold Mining (84.42%)
Alacer Gold Corp.(a)(b)				1,289,783	$	2,030,363
Alamos Gold, Inc., Class A				628,695		3,193,771
Argonaut Gold, Inc.(a)(b)				1,145,517		2,124,634
Centerra Gold, Inc.(b)				1,971,444		10,324,270
China Gold International Resources Corp., Ltd.(b)				2,467,392		5,672,386
Continental Gold, Inc.(a)(b)				428,579		1,272,511
Dalradian Resources, Inc.(b)				620,601		527,163
Detour Gold Corp.(b)				795,301		7,251,420
Eldorado Gold Corp.(a)				1,699,799		1,801,787
Endeavour Mining Corp.(a)(b)				681,619		12,854,722
Gold Standard Ventures Corp.(a)(b)				527,030		869,599
Golden Star Resources, Ltd.(b)				2,279,296		1,601,205
Guyana Goldfields, Inc.(b)				1,170,067		4,540,940
Harmony Gold Mining Co., Ltd., Sponsored ADR				1,856,891		3,862,333
Klondex Mines, Ltd.(a)(b)				826,636		1,146,674
New Gold, Inc.(b)				2,513,708		6,334,544
Novagold Resources, Inc.(a)(b)				677,491		2,682,864
OceanaGold Corp.				1,386,401		3,695,053
Osisko Gold Royalties, Ltd.				1,034,724		10,031,146
Premier Gold Mines, Ltd.(b)				1,342,946		3,286,199
Pretium Resources, Inc.(a)(b)				1,113,248		7,113,655
Sandstorm Gold, Ltd.(a)(b)				1,133,936		5,216,106
Seabridge Gold, Inc.(a)(b)				118,529		1,262,334
SEMAFO, Inc.(b)				1,487,601		3,964,772
SSR Mining, Inc.(b)				249,250		2,068,775
Tahoe Resources, Inc.				1,290,300		6,296,664
TMAC Resources, Inc.(a)(b)(c)				614,234		4,212,328
Torex Gold Resources, Inc.(b)				359,843		2,804,263
Total Gold Mining						118,042,481
Silver Mining (15.59%)
Coeur Mining, Inc.(b)				778,049		5,952,075
Endeavour Silver Corp.(b)				276,475		608,245
First Majestic Silver Corp.(a)(b)				704,312		3,739,897
Fortuna Silver Mines, Inc.(b)				993,896		4,482,471
Hecla Mining Co.				890,501		3,259,233
MAG Silver Corp.(b)				174,858		1,828,705
Silvercorp Metals, Inc.				759,232		1,922,930
Total Silver Mining						21,793,556
TOTAL COMMON STOCKS
(Cost $156,621,345)						139,836,037
	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (12.94%)
Money Market Fund (0.02%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $22,188)	1.299	%		22,188		22,188

	Shares		Value
Investments Purchased with Collateral from Securities Loaned (12.92%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $18,068,075)		18,068,075	$	18,068,075
TOTAL SHORT TERM INVESTMENTS
(Cost $18,090,263)				18,090,263
TOTAL INVESTMENTS (112.95%)
(Cost $174,711,608)			$	157,926,300
NET LIABILITIES LESS OTHER ASSETS (-12.95%)				(18,105,068	)
NET ASSETS (100.00%)			$	139,821,232

(a) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $18,325,779.

(b) Non-income producing security.

(c) Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of February 28, 2018, the market value of those securities was $4,212,328 representing 3.01% of net assets.

See Notes to Quarterly Schedule of Investments.

 

BUZZ US SENTIMENT LEADERS ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.88%)
Consumer Discretionary (19.09%)
Amazon.com, Inc.(a)		249	$	376,600
Chipotle Mexican Grill, Inc.(a)		261		83,105
Ford Motor Co.		30,908		327,934
General Motors Co.		1,204		47,377
Home Depot, Inc.		557		101,524
Las Vegas Sands Corp.		729		53,079
Lowe's Cos, Inc.		1,054		94,428
MGM Resorts International		1,723		58,978
Netflix, Inc.(a)		843		245,633
NIKE, Inc., Class B		859		57,579
Sirius XM Holdings, Inc.(b)		11,905		74,763
Starbucks Corp.		971		55,444
Target Corp.		1,077		81,217
Tesla, Inc.(a)		985		337,914
Walt Disney Co.		1,042		107,493
Wynn Resorts, Ltd.		1,207		202,173
Total Consumer Discretionary				2,305,241
Consumer Staples (3.07%)
Kroger Co.		3,385		91,801
Procter & Gamble Co.		794		62,345
Wal-Mart Stores, Inc.		2,406		216,564
Total Consumer Staples				370,710
Energy (2.29%)
Energy Transfer Partners LP		5,683		103,487
Halliburton Co.		1,153		53,522
Kinder Morgan, Inc.		7,399		119,864
Total Energy				276,873
Financials (7.03%)
American Express Co.		842		82,103
Bank of America Corp.		7,560		242,676
Citigroup, Inc.		1,475		111,348
Goldman Sachs Group, Inc.		343		90,185
JPMorgan Chase & Co.		911		105,221
Morgan Stanley		2,191		122,740
Wells Fargo & Co.		1,635		95,500
Total Financials				849,773
Health Care (11.88%)
AbbVie, Inc.		1,255		145,367
Allergan PLC		479		73,871
Celgene Corp.(a)		2,890		251,777
Exelixis, Inc.(a)		2,611		67,364
Gilead Sciences, Inc.		1,410		111,009
Incyte Corp.(a)		1,058		90,099
Johnson & Johnson		676		87,799
Merck & Co., Inc.		1,217		65,986
Regeneron Pharmaceuticals, Inc.(a)		217		69,536
UnitedHealth Group, Inc.		676		152,884

 

Security Description	Shares		Value
Health Care (continued)
Valeant Pharmaceuticals International, Inc.(a)		19,462	$	318,982
Total Health Care				1,434,674
Industrials (5.90%)
Boeing Co.		1,019		369,092
Caterpillar, Inc.		1,442		222,976
Delta Air Lines, Inc.		1,079		58,158
United Continental Holdings, Inc.(a)		920		62,367
Total Industrials				712,593
Information Technology (45.41%)
Activision Blizzard, Inc.		2,030		148,454
Advanced Micro Devices, Inc.(a)(b)		29,808		360,975
Alphabet, Inc., Class A(a)		310		342,215
Apple, Inc.		2,100		374,052
Applied Materials, Inc.		4,138		238,307
Broadcom, Ltd.		263		64,819
Cisco Systems, Inc.		1,860		83,291
Facebook, Inc., Class A(a)		2,019		360,028
Intel Corp.		4,174		205,737
International Business Machines Corp.		2,159		336,437
Lam Research Corp.		819		157,133
Mastercard, Inc., Class A		410		72,062
Micron Technology, Inc.(a)		8,353		407,710
Microsoft Corp.		3,921		367,672
Nutanix, Inc., Class A(a)		2,913		106,179
NVIDIA Corp.		1,474		356,708
Oracle Corp.		943		47,782
Palo Alto Networks, Inc.(a)		428		74,202
PayPal Holdings, Inc.(a)		4,448		353,216
Skyworks Solutions, Inc.		797		87,072
Square, Inc., Class A(a)		8,204		377,794
Take-Two Interactive Software, Inc.(a)		616		68,912
Twitter, Inc.(a)		8,348		265,967
Visa, Inc., Class A		1,176		144,578
Western Digital Corp.		954		83,036
Total Information Technology				5,484,338
Materials (1.94%)
Albemarle Corp.		689		69,196
Alcoa Corp.(a)		1,240		55,763
Freeport-McMoRan, Inc.(a)		5,914		110,000
Total Materials				234,959
Real Estate (0.45%)
Realty Income Corp.		1,106		54,393
Total Real Estate				54,393
Telecommunication Services (2.82%)
AT&T, Inc.		4,844		175,837
Sprint Corp.(a)(b)		31,678		164,409
Total Telecommunication Services				340,246
TOTAL COMMON STOCKS
(Cost $10,635,706)				12,063,800

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.72%)
Money Market Fund (0.07%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $8,805)	1.299	%		8,805	$	8,805
Investments Purchased with Collateral from Securities Loaned (0.65%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $78,183)				78,183		78,183
TOTAL SHORT TERM INVESTMENTS
(Cost $86,988)						86,988
TOTAL INVESTMENTS (100.60%)
(Cost $10,722,694)					$	12,150,788
NET OTHER ASSETS AND LIABILITIES (-0.60%)						(72,610	)
NET ASSETS (100.00%)					$	12,078,178

^(a) Non-income producing security.

^(b) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $450,091.

See Notes to Quarterly Schedule of Investments.

WORKPLACE EQUALITY PORTFOLIO	SCHEDULE OF INVESTMENTS
	February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.61%)
Consumer Discretionary (21.11%)
Abercrombie & Fitch Co., Class A		4,780	$	98,611
American Eagle Outfitters, Inc.		4,612		88,873
Aramark		1,878		78,331
Barnes & Noble, Inc.		11,724		52,758
Best Buy Co., Inc.		1,227		88,884
Caesars Entertainment Corp.(a)		6,331		80,404
CBS Corp., Class B		1,357		71,880
Choice Hotels International, Inc.		1,061		83,978
Comcast Corp., Class A		2,015		72,963
Darden Restaurants, Inc.		902		83,155
Ford Motor Co.		6,369		67,575
GameStop Corp., Class A		4,395		68,958
Gap, Inc.		2,395		75,634
General Motors Co.		1,968		77,441
Groupon, Inc.(a)		15,174		64,945
Hilton Grand Vacations, Inc.(a)		1,883		81,270
Hilton Worldwide Holdings, Inc.		1,048		84,668
Home Depot, Inc.		437		79,652
Hyatt Hotels Corp., Class A(a)		1,131		87,392
InterContinental Hotels Group PLC, ADR(b)		1,307		84,681
Interpublic Group of Cos., Inc.		3,936		92,102
L Brands, Inc.		1,377		67,927
Macy's, Inc.		3,262		95,936
Marriott International, Inc., Class A		614		86,703
Mattel, Inc.		5,176		82,298
McDonald's Corp.		459		72,403
MGM Resorts International		2,457		84,103
Netflix, Inc.(a)		419		122,088
Newell Brands, Inc.		2,615		67,179
NIKE, Inc., Class B		1,232		82,581
Nordstrom, Inc.		1,772		90,921
Office Depot, Inc.		23,483		61,760
Pearson PLC, Sponsored ADR		8,406		83,976
Royal Caribbean Cruises, Ltd.		645		81,657
Sears Holdings Corp.(a)		20,875		50,518
Sirius XM Holdings, Inc.(b)		15,268		95,883
Sony Corp., Sponsored ADR		1,802		90,929
Starbucks Corp.		1,413		80,682
Tapestry, Inc.		1,882		95,813
Target Corp.		1,312		98,938
TEGNA, Inc.		5,927		76,221
Tesla, Inc.(a)		232		79,590
Tiffany & Co.		799		80,731
Time Warner, Inc.		886		82,363
TJX Cos., Inc.		1,114		92,106
Toyota Motor Corp., Sponsored ADR		641		86,279
Viacom, Inc., Class B		2,646		88,218
Visteon Corp.(a)		642		79,505
Walt Disney Co.		715		73,759
Whirlpool Corp.		481		78,129
Wyndham Worldwide Corp.		708		81,972

Security Description	Shares		Value
Consumer Discretionary (continued)
Wynn Resorts, Ltd.		477	$	79,898
Total Consumer Discretionary				4,235,221
Consumer Staples (8.35%)
Altria Group, Inc.		1,128		71,008
Avon Products, Inc.(a)		36,756		96,668
Brown-Forman Corp., Class B		1,199		83,678
Campbell Soup Co.		1,631		70,215
Clorox Co.		540		69,703
Coca-Cola Co.		1,734		74,943
Colgate-Palmolive Co.		1,093		75,384
CVS Health Corp.		1,103		74,706
Diageo PLC, Sponsored ADR		583		79,078
Estee Lauder Cos., Inc., Class A		613		84,864
General Mills, Inc.		1,417		71,629
Hershey Co.		705		69,273
Hormel Foods Corp.		2,194		71,217
Kellogg Co.		1,229		81,360
Kimberly-Clark Corp.		673		74,649
Kraft Heinz Co.		1,016		68,123
Kroger Co.		3,125		84,750
Mondelez International, Inc., Class A		1,844		80,952
PepsiCo, Inc.		668		73,300
Procter & Gamble Co.		873		68,548
Unilever NV, NY Shares		1,390		72,697
Walgreens Boots Alliance, Inc.		1,150		79,224
Total Consumer Staples				1,675,969
Energy (0.76%)
Chevron Corp.		673		75,322
Royal Dutch Shell PLC, Class A, Sponsored ADR		1,234		78,076
Total Energy				153,398
Financials (21.59%)
American Express Co.		810		78,983
American International Group, Inc.		1,345		77,122
Ameriprise Financial, Inc.		474		74,153
Aon PLC		584		81,947
Aviva PLC, Sponsored ADR		5,890		83,020
Bank of America Corp.		2,783		89,334
Bank of Montreal		1,020		77,530
Bank of New York Mellon Corp.		1,478		84,290
Barclays PLC, Sponsored ADR		7,435		87,361
BlackRock, Inc.		152		83,513
Brighthouse Financial, Inc.(a)		1,372		74,458
Capital One Financial Corp.		836		81,870
Charles Schwab Corp.		1,612		85,468
Chubb, Ltd.		542		76,921
Citigroup, Inc.		1,097		82,813
CNA Financial Corp.		1,515		77,356
Comerica, Inc.		945		91,873
Credit Suisse Group AG, Sponsored ADR		4,588		84,236
Deutsche Bank AG		4,155		66,231
Discover Financial Services		1,111		87,580
FactSet Research Systems, Inc.		389		79,037
Fifth Third Bancorp		2,683		88,673
Franklin Resources, Inc.		1,855		71,733

Security Description	Shares		Value
Financials (continued)
Genworth Financial, Inc., Class A(a)		24,391	$	66,344
Goldman Sachs Group, Inc.		308		80,982
Hartford Financial Services Group, Inc.		1,447		76,474
HSBC Holdings PLC, Sponsored ADR(b)		1,593		79,061
Huntington Bancshares, Inc.		5,504		86,413
JPMorgan Chase & Co.		752		86,856
KeyCorp		4,153		87,753
M&T Bank Corp.		461		87,516
Marsh & McLennan Cos., Inc.		940		78,039
MetLife, Inc.		1,590		73,442
Moody's Corp.		545		90,950
Morgan Stanley		1,520		85,150
Northern Trust Corp.		814		86,178
PNC Financial Services Group, Inc.		557		87,817
Principal Financial Group, Inc.		1,145		71,368
Progressive Corp.		1,479		85,161
Prudential Financial, Inc.		694		73,786
Royal Bank of Canada		1,014		79,994
S&P Global, Inc.		468		89,762
State Street Corp.		813		86,300
Sun Life Financial, Inc.		1,942		79,952
SunTrust Banks, Inc.		1,238		86,462
T Rowe Price Group, Inc.		778		87,058
Thomson Reuters Corp.		1,861		73,305
Toronto-Dominion Bank		1,448		83,941
Travelers Cos., Inc.		598		83,122
UBS Group AG		4,421		83,866
US Bancorp		1,478		80,344
Voya Financial, Inc.		1,770		90,305
Wells Fargo & Co.		1,375		80,314
Total Financials				4,333,517
Health Care (11.21%)
AbbVie, Inc.		822		95,212
Aetna, Inc.		444		78,615
Anthem, Inc.		352		82,854
AstraZeneca PLC, Sponsored ADR		2,410		79,988
athenahealth, Inc.(a)		589		82,307
Baxter International, Inc.		1,223		82,907
Biogen, Inc.(a)		240		69,358
Bioverativ, Inc.(a)		1,516		158,695
Boston Scientific Corp.(a)		3,139		85,569
Bristol-Myers Squibb Co.		1,282		84,868
Cardinal Health, Inc.		1,273		88,104
Cigna Corp.		393		76,985
Danaher Corp.		853		83,406
Eli Lilly & Co.		953		73,400
Express Scripts Holding Co.(a)		1,116		84,202
GlaxoSmithKline PLC, Sponsored ADR		2,284		82,932
Henry Schein, Inc.(a)		1,146		75,854
Humana, Inc.		312		84,808
Johnson & Johnson		583		75,720
McKesson Corp.		489		72,973
Medtronic PLC		944		75,416
Merck & Co., Inc.		1,422		77,101
Novartis AG, Sponsored ADR		940		78,349
Pfizer, Inc.		2,203		79,991

Security Description	Shares		Value
Health Care (continued)
Sanofi, Sponsored ADR		1,852	$	72,691
Thermo Fisher Scientific, Inc.		416		86,769
UnitedHealth Group, Inc.		360		81,418
Total Health Care				2,250,492
Industrials (11.35%)
3M Co.		344		81,015
Alaska Air Group, Inc.		1,169		75,400
American Airlines Group, Inc.		1,614		87,560
Arconic, Inc.		3,217		78,463
Boeing Co.		275		99,608
Cummins, Inc.		464		78,031
Eaton Corp. PLC		1,042		84,089
Fortive Corp.		1,149		88,243
General Electric Co.		4,494		63,410
Harris Corp.		552		86,195
Herman Miller, Inc.		2,264		81,278
Huron Consulting Group, Inc.(a)		2,008		70,280
IHS Markit, Ltd.(a)		1,774		83,467
JetBlue Airways Corp.(a)		3,759		79,127
Lockheed Martin Corp.		247		87,053
ManpowerGroup, Inc.		642		76,051
Navigant Consulting, Inc.(a)		4,153		82,562
Nielsen Holdings PLC		2,146		70,024
Northrop Grumman Corp.		255		89,260
Owens Corning		917		74,552
Raytheon Co.		418		90,919
Rockwell Automation, Inc.		417		75,394
Rockwell Collins, Inc.		599		82,494
Southwest Airlines Co.		1,235		71,432
Steelcase, Inc., Class A		5,695		77,737
United Continental Holdings, Inc.(a)		1,255		85,076
United Technologies Corp.		632		85,156
WW Grainger, Inc.		357		93,373
Total Industrials				2,277,249
Information Technology (16.46%)
Accenture PLC, Class A		530		85,335
Adobe Systems, Inc.(a)		445		93,063
Alphabet, Inc., Class C(a)		76		83,960
Apple, Inc.		457		81,401
Automatic Data Processing, Inc.		683		78,764
Booz Allen Hamilton Holding Corp.		2,105		79,843
Broadridge Financial Solutions, Inc.		890		89,338
CA, Inc.		2,393		83,994
Cars.com, Inc.(a)		2,915		79,842
Cisco Systems, Inc.		2,095		93,814
Conduent, Inc.(a)		5,049		95,426
Convergys Corp.		3,389		78,659
Corning, Inc.		2,495		72,555
eBay, Inc.(a)		2,086		89,406
Electronic Arts, Inc.(a)		729		90,177
Facebook, Inc., Class A(a)		445		79,352
Hewlett Packard Enterprise Co.		5,565		103,453
HP, Inc.		3,850		90,052
Intel Corp.		1,853		91,334
International Business Machines Corp.		536		83,525
Intuit, Inc.		498		83,096
Mastercard, Inc., Class A		519		91,219

Security Description	Shares		Value
Information Technology (continued)
Microsoft Corp.		939	$	88,050
NCR Corp.(a)		2,443		80,619
NetApp, Inc.		1,403		84,952
Nokia OYJ, Sponsored ADR		17,381		100,810
NVIDIA Corp.		414		100,188
Oracle Corp.		1,657		83,960
PayPal Holdings, Inc.(a)		1,056		83,857
QUALCOMM, Inc.		1,270		82,550
Salesforce.com, Inc.(a)		757		88,001
Symantec Corp.		2,783		73,165
Tech Data Corp.(a)		838		86,599
Texas Instruments, Inc.		788		85,380
Twitter, Inc.(a)		3,614		115,142
Visa, Inc., Class A		701		86,181
Xerox Corp.		2,722		82,531
Yelp, Inc.(a)		1,904		82,938
Total Information Technology				3,302,531
Materials (2.85%)
Alcoa Corp.(a)		1,877		84,409
Ball Corp.		2,078		83,016
Chemours Co.		1,705		81,004
DowDuPont, Inc.		1,152		80,986
Ecolab, Inc.		598		78,009
Monsanto Co.		678		83,645
Praxair, Inc.		540		80,865
Total Materials				571,934
Real Estate (1.62%)
CBRE Group, Inc., Class A(a)		1,848		86,394
Jones Lang LaSalle, Inc.		538		86,408
Park Hotels & Resorts, Inc.		2,819		73,266
Weyerhaeuser Co.		2,233		78,222
Total Real Estate				324,290
Telecommunication Services (1.88%)
AT&T, Inc.		2,096		76,085
BT Group PLC, Sponsored ADR		4,370		72,717
Sprint Corp.(a)(b)		14,711		76,350
T-Mobile US, Inc.(a)		1,287		78,005
Verizon Communications, Inc.		1,538		73,424
Total Telecommunication Services				376,581
Utilities (2.43%)
American Electric Power Co., Inc.		1,071		70,236
Edison International		1,159		70,224
Exelon Corp.		2,023		74,932
PG&E Corp.		1,524		62,621
Portland General Electric Co.		1,685		66,945
PPL Corp.		2,360		67,614
Sempra Energy		693		75,523
Total Utilities				488,095
TOTAL COMMON STOCKS
(Cost $16,972,255)				19,989,277

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.28%)
Money Market Fund (0.25%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $50,309)	1.299	%		50,309	$	50,309
Investments Purchased with Collateral from Securities Loaned (1.03%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $206,779)				206,779		206,779
TOTAL SHORT TERM INVESTMENTS
(Cost $257,088)						257,088
TOTAL INVESTMENTS (100.89%)
(Cost 17,229,343)					$	20,246,365
NET LIABILITIES LESS OTHER ASSETS (-0.89%)						(178,829	)
NET ASSETS (100.00%)					$	20,067,536

^(a) Non-income producing security.

^(b) Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $257,757.

See Notes to Quarterly Schedule of Investments.

 

ALPS | Dorsey Wright Sector Momentum ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description		Shares		Value
COMMON STOCKS (99.86%)
Basic Materials (12.16%)
Air Products & Chemicals, Inc.			1,285	$	206,615
Albemarle Corp.			1,591		159,784
Ecolab, Inc.			1,525		198,936
Freeport-McMoRan, Inc.(a)			12,141		225,823
The Sherwin-Williams Co.			511		205,208
United States Steel Corp.			6,473		281,640
Total Basic Materials					1,278,006
Consumer, Cyclical (18.35%)
Amazon.com, Inc.(a)			175		264,679
Home Depot, Inc.			1,129		205,783
O'Reilly Automotive, Inc.(a)			858		209,515
Scientific Games Corp., Class A(a)			4,054		180,200
Sirius XM Holdings, Inc.(b)			38,389		241,083
VF Corp.			2,770		206,559
Visteon Corp.(a)			1,651		204,460
Wyndham Worldwide Corp.			1,831		211,993
Yum! Brands, Inc.			2,505		203,857
Total Consumer, Cyclical					1,928,129
Financials (7.46%)
Arch Capital Group, Ltd.(a)			2,241		197,746
MFA Financial, Inc.			25,110		178,783
Western Alliance Bancorp(a)			3,591		209,930
WR Berkley Corp.			2,894		197,892
Total Financials					784,351
Health Care (10.39%)
ABIOMED, Inc.(a)			1,092		292,853
Align Technology, Inc.(a)			883		231,805
Cooper Cos., Inc.			899		207,237
Exact Sciences Corp.(a)			3,998		178,351
West Pharmaceutical Services, Inc.			2,088		182,115
Total Health Care					1,092,361
Industrials (18.27%)
Healthcare Services Group, Inc.			3,896		176,995
HEICO Corp.			2,681		229,494
IDEX Corp.			1,571		214,913
ITT, Inc.			3,924		196,906
Lockheed Martin Corp.			639		225,209
Northrop Grumman Corp.			664		232,427
Roper Technologies, Inc.			816		224,473
TransDigm Group, Inc.			745		214,791
Union Pacific Corp.			1,578		205,535
Total Industrials					1,920,743

 

Security Description			Shares		Value
Information Technology (20.49%)
Amphenol Corp., Class A			2,313	$	211,385
ANSYS, Inc.(a)			1,393		222,796
Apple, Inc.			1,185		211,072
Cadence Design Systems, Inc.(a)			4,720		182,994
Facebook, Inc., Class A(a)			1,144		203,998
LogMeIn, Inc.			1,736		200,595
Monolithic Power Systems, Inc.			1,833		214,571
NVIDIA Corp.			1,076		260,392
Skyworks Solutions, Inc.			2,178		237,947
Take-Two Interactive Software, Inc.(a)			1,854		207,407
Total Information Technology					2,153,157
Real Estate (3.80%)
American Tower Corp.			1,444		201,192
SBA Communications Corp.(a)			1,259		198,003
Total Real Estate					399,195
Utilities (8.94%)
Atmos Energy Corp.			2,307		185,690
DTE Energy Co.			1,821		183,520
NextEra Energy, Inc.			1,301		197,947
OGE Energy Corp.			6,037		189,200
Vectren Corp.			3,048		183,642
Total Utilities					939,999
TOTAL COMMON STOCKS
(Cost $9,500,801)					10,495,941
	7 Day Yield		Shares		Value
SHORT TERM INVESTMENTS (1.86%)
Money Market Fund (0.08%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $8,129)	1.299	%	8,129		8,129
Investments Purchased with Collateral From Securities Loaned (1.78%)
State Street Navigator Securities Lending Prime Portfolio, 1.38%
(Cost $187,142)			187,142		187,142
TOTAL SHORT TERM INVESTMENTS
(Cost $195,271)					195,271
TOTAL INVESTMENTS (101.72%)
(Cost $9,696,072)				$	10,691,212
NET LIABILITIES LESS OTHER ASSETS (-1.72%)					(180,706	)
NET ASSETS (100.00%)				$	10,510,505

(a)	Non-income producing security.
(b)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $180,807.

See Notes to Quarterly Schedule of Investments.

ALPS DISRUPTIVE TECHNOLOGIES ETF	SCHEDULE OF INVESTMENTS
February 28, 2018 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (100.02%)
Consumer Discretionary (2.42%)
iRobot Corp.(a)		1,464	$	99,479
Netflix, Inc.(a)		528		153,848
Total Consumer Discretionary				253,327
Financials (5.71%)
American Express Co.		992		96,730
LendingClub Corp.(a)		27,205		85,696
LendingTree, Inc.(a)		312		108,732
Moody's Corp.		648		108,138
S&P Global, Inc.		576		110,477
Thomson Reuters Corp.		2,216		87,313
Total Financials				597,086
Health Care (12.17%)
ABIOMED, Inc.(a)		520		139,454
Align Technology, Inc.(a)		408		107,108
Boston Scientific Corp.(a)		3,903		106,396
Cochlear, Ltd.		712		101,699
CYBERDYNE, Inc.(a)		7,100		106,671
DENTSPLY SIRONA, Inc.		1,504		84,314
DexCom, Inc.(a)		1,631		91,564
DiaSorin SpA		1,040		85,581
Intuitive Surgical, Inc.(a)		256		109,171
Mazor Robotics, Ltd., Sponsored ADR(a)		1,816		115,171
Smith & Nephew PLC, Sponsored ADR		2,724		96,620
William Demant Holding A/S(a)		3,568		128,144
Total Health Care				1,271,893
Industrials (18.45%)
ABB, Ltd., Sponsored ADR		3,786		91,962
Aerovironment, Inc.(a)		1,754		87,209
ATS Automation Tooling Systems, Inc.(a)		8,090		110,960
Experian PLC		4,674		100,124
FANUC Corp.		408		104,433
Hyundai Robotics Co., Ltd.(a)		275		112,372
IHS Markit, Ltd.(a)		2,144		100,875
Nielsen Holdings PLC		2,562		83,598
Proto Labs, Inc.(a)		1,008		109,822
Prysmian SpA		3,034		95,942
RELX NV, Sponsored ADR		4,272		87,747
Schneider Electric SE		1,160		101,300
Sensata Technologies Holding NV(a)		2,048		108,257
Siemens Gamesa Renewable Energy SA		7,610		121,484
SLM Solutions Group AG(a)		1,848		80,262
Verisk Analytics, Inc.(a)		1,024		104,643
Vestas Wind Systems A/S		1,576		114,546
Wolters Kluwer NV		1,895		96,360
Xinjiang Goldwind Science & Technology Co., Ltd., Class H		73,600		115,866
Total Industrials				1,927,762

Security Description	Shares			Value
Information Technology (57.78%)
3D Systems Corp.(a)		10,111	$	96,054
Advanced Energy Industries, Inc.(a)		1,360		90,195
Alarm.com Holdings, Inc.(a)		2,586		93,445
Ambarella, Inc.(a)		1,680		80,774
ams AG		1,096		129,805
ANSYS, Inc.(a)		672		107,480
Arista Networks, Inc.(a)		448		120,843
Autodesk, Inc.(a)		896		105,253
Black Knight, Inc.(a)		2,168		103,305
Check Point Software Technologies, Ltd.(a)		944		98,072
Citrix Systems, Inc.(a)		1,120		103,040
Cognex Corp.		1,546		83,036
Dassault Systemes SE		922		119,514
Ellie Mae, Inc.(a)		1,104		97,892
FARO Technologies, Inc.(a)		1,912		113,477
FireEye, Inc.(a)		7,074		117,358
First Data Corp., Class A(a)		5,920		92,470
First Solar, Inc.(a)		1,424		89,498
Fiserv, Inc.(a)		744		106,682
Fitbit, Inc., Class A(a)		14,404		68,851
FleetCor Technologies, Inc.(a)		528		105,563
Fortinet, Inc.(a)		2,360		119,109
Gartner, Inc.(a)		810		91,862
Gemalto NV		2,560		154,161
Global Payments, Inc.		984		111,576
Guidewire Software, Inc.(a)		1,344		107,950
InterDigital, Inc.		1,272		91,330
Intuit, Inc.		632		105,456
Keyence Corp.		176		107,667
Mastercard, Inc., Class A		656		115,299
Nemetschek SE		1,088		112,029
NETGEAR, Inc.(a)		1,904		106,148
Omron Corp.		1,600		95,375
Palo Alto Networks, Inc.(a)		688		119,279
PayPal Holdings, Inc.(a)		1,324		105,139
Proofpoint, Inc.(a)		1,130		121,102
PTC, Inc.(a)		1,568		115,656
Qorvo, Inc.(a)		1,424		114,931
Qualys, Inc.(a)		1,672		123,812
Red Hat, Inc.(a)		785		115,709
Salesforce.com, Inc.(a)		936		108,810
SAP SE, Sponsored ADR		866		90,497
ServiceNow, Inc.(a)		808		130,096
Silicon Laboratories, Inc.(a)		1,080		100,980
SimCorp A/S		1,712		107,544
Skyworks Solutions, Inc.		1,008		110,124
Sophos Group PLC(b)(c)		13,222		90,722
SS&C Technologies Holdings, Inc.		2,410		119,343
Stratasys, Ltd.(a)		4,538		82,705
Symantec Corp.		3,544		93,172
Temenos Group AG		752		88,307
Total System Services, Inc.		1,288		113,280
Trend Micro, Inc.		1,768		100,749
Visa, Inc., Class A		880		108,187
VMware, Inc., Class A(a)		832		109,616

Security Description	Shares		Value
Information Technology (57.78%) (continued)
Worldpay, Inc., Class A(a)		1,338	$108,753
Xero, Ltd.(a)		4,760	117,420
Total Information Technology			6,036,502
Real Estate (1.64%)
Digital Realty Trust, Inc.		856	86,148
Equinix, Inc.		216	84,693
Total Real Estate			170,841
Utilities (1.85%)
Brookfield Renewable Partners LP		3,024	93,416
China Longyuan Power Group Corp., Ltd., Class H		150,000	99,669
Total Utilities			193,085
TOTAL COMMON STOCKS
(Cost $10,525,448)			10,450,496
TOTAL INVESTMENTS (100.02%)
(Cost $10,525,448)			$10,450,496
NET LIABILITIES LESS OTHER ASSETS (-0.02%)			(2,157)
NET ASSETS (100.00%)			$10,448,339

^(a) Non-income producing security.

^(b) Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees. As of February 28, 2018, the aggregate fair value of those securities was $90,722, representing 0.87% of net assets.

^(c) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. These securities have been deemed liquid under guidelines approved by the Fund's Board of Trustees, unless otherwise noted below. As of February 28, 2018, the aggregate value of those securities was $90,722, representing 0.87% of net assets.

See Notes to Quarterly Schedule of Investments.

ALPS ETF Trust

Notes to Quarterly Schedules of Investments

February 28, 2018 (Unaudited)

1. Portfolio Valuation

Each Fund’s Shares are listed on the New York Stock Exchange (“NYSE”) Arca. Each Fund’s Net Asset Value (“NAV”) is determined daily, as of the close of regular trading on the NYSE, normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. The NAV is computed by dividing the value of all assets of each Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of shares outstanding.

Portfolio securities listed on any exchange other than the NASDAQ Stock Market LLC (“NASDAQ”) are valued at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities traded on the NASDAQ are valued at the NASDAQ Official Closing Price as determined by NASDAQ. Portfolio securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Portfolio securities traded in the over-the-counter market, but excluding securities traded on the NASDAQ, are valued at the latest quoted sale price in such market. Fixed-income obligations are typically valued at the mean between the evaluated bid and ask prices formulated by an independent pricing service. Treasury Bills and Treasury Notes are typically valued at the mean between the evaluated bid and ask prices formulated by an independent pricing service. Listed put options are valued at the mean of the most recent bid and ask prices.

Each Fund’s investments are valued at market value or, in the absence of market value with respect to any portfolio securities, at fair value according to procedures adopted by the Trust’s Board of Trustees (the “Board”). When market quotations are not readily available or when events occur that make established valuation methods unreliable, securities of each Fund may be valued in good faith by or under the direction of the Board. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933) for which a pricing service is unable to provide a market price; securities whose trading has been formally suspended; a security whose market price is not available from a pre-established primary pricing source or the pricing source is not willing to provide a price; a security with respect to which an event has occurred that is most likely to materially affect the value of the security after the market has closed but before the calculation of the Fund’s NAV or make it difficult or impossible to obtain a reliable market quotation; or a security whose price, as provided by the pricing service, does not reflect the security’s “fair value” due to the security being de-listed from a national exchange or the security’s primary trading market is temporarily closed at a time when, under normal conditions, it would be open. As a general principle, the current “fair value” of a security would be the amount which the owner might reasonably expect to receive from the sale on the applicable exchange or principal market. A variety of factors may be considered in determining the fair value of such securities.

The accounting records of each Fund are maintained in U.S. dollars.

Certain Funds may directly purchase securities of foreign issuers. Investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including, among others, greater market volatility than U.S. securities and less complete financial information than for U.S. issuers. In addition, adverse political, economic or social developments could undermine the value of a Fund’s investments or prevent a Fund from realizing the full value of its investments. Financial reporting standards for companies based in foreign markets differ from those in the United States. Finally, the value of the currency of the country in which a Fund has invested could decline relative to the value of the U.S. dollar, which may affect the value of the investment to U.S. investors.

Because foreign markets may be open on different days than the days during which investors may purchase the shares of each Fund, the value of each Fund’s securities may change on the days when investors are not able to purchase the shares of the Funds. The value of securities denominated in foreign currencies is converted into U.S. dollars using exchange rates determined daily as of the close of regular trading on the NYSE or NASDAQ. Any use of a different rate from the rates used by the Index may adversely affect a Fund’s ability to track their Index.

2. Fair Value Measurements

Each Fund discloses the classification of its fair value measurements following a three-tier hierarchy based on the inputs used to measure fair value. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability that are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability that are developed based on the best information available.

Valuation techniques used to value each Fund’s investments by major category are as follows:

Equity securities, including restricted securities, Exchange Traded Funds, Closed-End Funds and Limited Partnerships, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the mean of the most recent quoted bid and ask prices on such day and are generally categorized as Level 2 in the hierarchy. Investments in open-end mutual funds are valued at their closing NAV each business day and are categorized as Level 1 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. For corporate bonds, pricing vendors utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances. Certain Funds may invest a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.

Treasury Bills and Treasury Notes are typically valued at the mean between the evaluated bid and ask prices formulated by an independent pricing service and are categorized as Level 2 in the hierarchy, due to their active trading, short-term maturity and liquidity.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

Various inputs are used in determining the value of each Fund’s investments as of the end of the reporting period. When inputs used fall into different levels of the fair value hierarchy, the level in the hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The designated input levels are not necessarily an indication of the risk or liquidity associated with these investments.

These inputs are categorized in the following hierarchy under applicable financial accounting standards:

Level 1 –	Unadjusted quoted prices in active markets for identical investments, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;
Level 2 –	Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and
Level 3 –	Significant unobservable prices or inputs (including the Fund’s own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.

The following is a summary of the inputs used to value each Fund’s investments at February 28, 2018:

Alerian Energy Infrastructure ETF
Investments in Securities at Value*	Level 1- Unadjusted Quoted Prices		Level 2- Other Significant Observable Inputs		Level 3- Significant Unobservable Inputs		Total
Canadian Energy Infrastructure Companies	$	9,392,655	$	–	$	–	$	9,392,655
U.S. Energy Infrastructure Companies		9,744,362		–		–		9,744,362
U.S. Energy Infrastructure MLPs		9,582,984		–		–		9,582,984
U.S. General Partners		9,733,553		–		–		9,733,553
Short Term Investments		94,676		–		–		94,676
TOTAL	$	38,548,230	$	–	$	–	$	38,548,230

Alerian MLP ETF
Investments in Securities at Value*	Level 1- Unadjusted Quoted Prices		Level 2- Other Significant Observable Inputs		Level 3- Significant Unobservable Inputs		Total
Master Limited Partnerships	$	9,118,916,521	$	–	$	–	$	9,118,916,521
Short Term Investments		21,841,125		–		–		21,841,125
TOTAL	$	9,140,757,646	$	–	$	–	$	9,140,757,646

ALPS | Dorsey Wright Sector Momentum ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2  - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	10,495,941	$	–	$	–	$	10,495,941
Short Term Investments
Money Market Fund		8,129		–		–		8,129
Investments Purchased with Collateral from Securities Loaned		187,142		–		–		187,142
TOTAL	$	10,691,212	$	–	$	–	$	10,691,212

ALPS Emerging Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2  - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	57,112,265	$	–	$	–	$	57,112,265
Short Term Investments
Money Market Fund		77,084		–		–		77,084
Investments Purchased with Collateral from Securities Loaned		1,500,648		–		–		1,500,648
TOTAL	$	58,689,997	$	–	$	–	$	58,689,997

ALPS Equal Sector Weight ETF
Investments in Securities at Value*	Level 1 - Unadjusted Quoted Prices		Level 2 - Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Exchange Traded Funds	$	168,224,945	$	–	$	–	$	168,224,945
Short Term Investments		12,666		–		–		12,666
TOTAL	$	168,237,611	$	–	$	–	$	168,237,611

ALPS International Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2- Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	351,594,024	$	–	$	–	$	351,594,024
Short Term Investments
Money Market Fund		128,925		–		–		128,925
Investments Purchased with Collateral from Securities Loaned		9,812,378		–		–		9,812,378
TOTAL	$	361,535,327	$	–	$	–	$	361,535,327

ALPS Medical Breakthroughs ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2  - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	168,334,876	$	–	$	–	$	168,334,876
Rights*		–		1,700		–		1,700
Short Term Investments
Money Market Fund		69,601		–		–		69,601
Investments Purchased with Collateral from Securities Loaned		9,873,512		–		–		9,873,512
TOTAL	$	178,277,989	$	1,700	$	–	$	178,279,689

ALPS Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2  - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	2,334,057,091	$	–	$	–	$	2,334,057,091
Short Term Investments		1,467,478		–		–		1,467,478
TOTAL	$	2,335,524,569	$	–	$	–	$	2,335,524,569

Barron's 400 ETF
Investments in Securities at Value*	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks	$	193,834,263	$	–	$	–	$	193,834,263
Limited Partnerships		9,790,597		–		–		9,790,597
Short Term Investments
Money Market Fund		3,518,499		–		–		3,518,499
Investments Purchased with Collateral from Securities Loaned		4,190,241		–		–		4,190,241
TOTAL	$	211,333,600	$	–	$	–	$	211,333,600

Cohen & Steers Global Realty Majors ETF
Investments in Securities at Value*	Level 1- Unadjusted Quoted Prices		Level 2- Other Significant Observable Inputs		Level 3- Significant Unobservable Inputs		Total
Common Stocks	$60,400,504		$–		$–		$60,400,504
Short Term Investments		120,218		–		–		120,218
TOTAL	$	60,520,722	$	–	$	–	$	60,520,722

RiverFront Dynamic Core Income ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	59,410,214	$	–	$	59,410,214
Government Bonds		–		3,434,235		–		3,434,235
Short Term Investments		4,001,263		–		–		4,001,263
TOTAL	$	4,001,263	$	62,844,449	$	–	$	66,845,712

RiverFront Dynamic Unconstrained Income ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	12,011,736	$	–	$	12,011,736
Short Term Investments		533,606		–		–		533,606
TOTAL	$	533,606	$	12,011,736	$	–	$	12,545,342

RiverFront Dynamic US Dividend Advantage ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	74,582,674	$	–	$	–	$	74,582,674
Short Term Investments		69,319		–		–		69,319
TOTAL	$	74,651,993	$	–	$	–	$	74,651,993

RiverFront Dynamic US Flex-Cap ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	49,103,105	$	–	$	–	$	49,103,105
Short Term Investments
Money Market Fund		18,334		–		–		18,334
Investments Purchased with Collateral from Securities Loaned		502,929		–		–		502,929
TOTAL	$	49,624,368	$	–	$	–	$	49,624,368

RiverFront Strategic Income Fund
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	328,159,081	$	–	$	328,159,081
Government Bonds		–		15,885,725		–		15,885,725
Short Term Investments		17,263,809		–		–		17,263,809
TOTAL	$	17,263,809	$	344,044,806	$	–	$	361,308,615

Sprott Gold Miners ETF
Investments in Securities at Value*	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks	$	168,736,362	$	–	$	–	$	168,736,362
Short Term Investments		13,481,419		–		–		13,481,419
TOTAL	$	182,217,781	$	–	$	–	$	182,217,781

Sprott Junior Gold Miners ETF
Investments in Securities at Value*	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks	$	139,836,037	$	–	$	–	$	139,836,037
Short Term Investments
Money Market Fund		22,188		–		–		22,188
Investments Purchased with Collateral from Securities Loaned		18,068,075		–		–		18,068,075
TOTAL	$	157,926,300	$	–	$	–	$	157,926,300

BUZZ US Sentiment Leaders ETF
Investments in Securities at Value*	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks	$	12,063,800	$	–	$	–	$	12,063,800
Short Term Investments
Money Market Fund		8,805		–		–		8,805
Investments Purchased with Collateral from Securities Loaned		78,183		–		–		78,183
TOTAL	$	12,150,788	$	–	$	–	$	12,150,788

ALPS Disruptive Technologies ETF
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2  - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	10,450,496	$	–	$	–	$	10,450,496
TOTAL	$	10,450,496	$	–	$	–	$	10,450,496

Workplace Equality Portfolio
Investments in Securities at Value	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	19,989,277	$	–	$	–	$	19,989,277
Short Term Investments
Money Market Fund		50,309		–		–		50,309
Investments Purchased with Collateral from Securities Loaned		206,779		–		–		206,779
TOTAL	$	20,246,365	$	–	$	–	$	20,246,365

* For a detailed sector or country breakdown, see the accompanying Schedule of Investments.

** Other financial instruments are instruments not reflected in the Schedule of Investments.

Each Fund recognizes transfers between levels as of the end of the period. For the nine months or period ended February 28, 2018, the Funds did not have any significant transfers between Level 1 and Level 2 securities. The Funds did not have any securities which used significant unobservable inputs (Level 3) in determining fair value.

3. Lending of Portfolio Securities

ALPS Dorsey Wright Sector Momentum ETF, ALPS Emerging Sector Dividend Dogs ETF, ALPS International Sector Dividend Dogs ETF, ALPS Medical Breakthroughs ETF, Barron’s 400 ETF, BUZZ US Sentiment Leaders ETF, RiverFront Dynmic US Flex-Cap ETF, Sprott Gold Miners ETF, Sprott Junior Gold Miners ETF, and Workplace Equality Portfolio (the “Funds”) have entered into a securities lending agreement with State Street Bank & Trust Co. (“SSB”), the Funds’ lending agent. The Funds may lend their portfolio securities only to borrowers that are approved by SSB. Each Fund will limit such lending to not more than 33 1/3% of the value of its total assets. Each Fund’s securities held as SSB as custodian shall be available to be lent except those securities the Fund or ALPS Advisors Inc. specifically identifies in writing as not being available for lending. The borrower pledges and maintains with each Fund collateral consisting of cash (U.S. Dollars only), securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, and by cash equivalents (including irrevocable bank letters of credit issued by a person other than the borrower or an affiliate of the borrower). The initial collateral received by each Fund is required to have a value of no less than 102% of the market value of the loaned securities for U.S equity securities and a value of no less than 105% of the market value for non-U.S. equity securities. The collateral is maintained thereafter, at a market value equal to not less than 102% of the current value of the U.S. equity securities on loan and not less than 105% of the current value of the non-U.S. equity securities on loan. The market value of the loaned securities is determined at the close of each business day and any additional required collateral is delivered to each Fund on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the customary time period for settlement of securities transactions.

Any cash collateral received is reinvested in a money market fund managed by SSB as disclosed in each Fund’s Schedule of Investments. Non-cash collateral, in the form of securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, is not disclosed in a Fund’s Schedule of Investments as it is held by the lending agent on behalf of each Fund, and each Fund does not have the ability to re-hypothecate these securities.

The following is a summary of each Fund’s securities lending agreements and related cash and non-cash collateral received as of February 28, 2018:

	Market Value of Securities on Loan		Cash Collateral Received		Non-Cash Collateral Received		Total Collateral Received
ALPS Dorsey Wright Sector Momentum ETF	$	180,807	$	187,142		-	$	187,142
ALPS Emerging Sector Dividend Dogs ETF		1,542,982		1,500,648		95,000		1,595,648
ALPS Equal Sector Weight ETF		18,470,609		18,855,206		-		18,855,206
ALPS International Sector Dividend Dogs ETF		14,765,941		9,812,378		5,805,755		15,618,133
ALPS Medical Breakthroughs ETF		21,163,873		9,873,512		12,455,083		22,328,595
Barron's 400 ETF		5,499,250		4,190,241		1,440,434		5,630,675
BUZZ US Sentiment Leaders ETF		450,091		78,183		401,134		479,317
RiverFront Dynmic US Flex-Cap ETF		445,036		502,929		-		502,929
Sprott Gold Miners ETF		13,069,782		13,481,419		432,048		13,913,467
Sprott Junior Gold Miners ETF		18,325,779		18,068,075		1,108,045		19,176,120
Workplace Equality Portfolio		257,757		206,779		60,682		267,461

The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, each Fund benefits from a borrower default indemnity provided by SSB. SSB’s indemnity allows for full replacement of securities lent wherein SSB will purchase the unreturned loaned securities on the open market by applying the proceeds of the collateral, or to the extent such proceeds are insufficient or the collateral is unavailable, SSB will purchase the unreturned loan securities at SSB’s expense. However, the Funds could suffer a loss if the value of the investments purchased with cash collateral falls below the value of the cash collateral received.

4. Return of Capital Estimates

The Alerian MLP ETF (the “Alerian Fund”) expects a portion of the distributions it receives from Master Limited Partnerships (“MLPs”) to be treated as a tax-deferred return of capital, thus reducing the Alerian Fund’s current tax liability. Return of capital distributions are not taxable income to the shareholder, but reduce the investor’s tax basis in the investor’s Fund Shares. Such a reduction in tax basis will result in larger taxable gains and/or lower tax losses on a subsequent sale of Fund Shares. Shareholders who periodically receive the payment of dividends or other distributions consisting of a return of capital may be under the impression that they are receiving net profits from the Alerian Fund when, in fact, they are not. Shareholders should not assume that the source of the distributions is from the net profits of the Alerian Fund.

5. Master Limited Partnerships

MLPs are publicly traded partnerships engaged in, among other things, the transportation, storage and processing of minerals and natural resources and are treated as partnerships for U.S. federal income tax purposes. By confining their operations to these specific activities, their interests, or units, are able to trade on public securities exchanges exactly like the shares of a corporation, without entity level taxation. To qualify as a MLP and to not be taxed as a corporation, a partnership must receive at least 90% of its income from qualifying sources as set forth in Section 7704(d) of the Internal Revenue Code of 1986, as amended (the “Code”). These qualifying sources include, among other things, natural resource- based activities such as the processing, transportation and storage of mineral or natural resources. MLPs generally have two classes of owners; the general partner and limited partners. The general partner of an MLP is typically owned by a major energy company, an investment fund, the direct management of the MLP, or is an entity owned by one or more of such parties. The general partner may be structured as a private or publicly traded corporation or other entity. The general partner typically controls the operations and management of the MLP through an up to 2% equity interest in the MLP plus, in many cases, ownership of common units and subordinated units. Limited partners typically own the remainder of the partnership, through ownership of common units, and have a limited role in the partnership’s operations and management.

MLPs are typically structured such that common units and general partner interests have first priority to receive quarterly cash distributions up to an established minimum amount (“minimum quarterly distributions” or “MQD”). Common and general partner interests also accrue arrearages in distributions to the extent the MQD is not paid. Once common and general partner interests have been paid, subordinated units receive distributions of up to the MQD; however, subordinated units do not accrue arrearages. Distributable cash in excess of the MQD is paid to both common and subordinated units and is distributed to both common and subordinated units generally on a pro rata basis. The general partner is also eligible to receive incentive distributions if the general partner operates the business in a manner which results in distributions paid per common unit surpassing specified target levels. As the general partner increases cash distributions to the limited partners, the general partner receives an increasingly higher percentage of the incremental cash distributions.

6. AFFILIATED COMPANIES

As defined by the Investment Company Act of 1940, an affiliated person, including an affiliated company, is one in which a Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund.

For the three months ended February 28, 2018, the Alerian MLP ETF held shares in the following affiliates, as defined by the Investment Company Act of 1940.

Security Name	Share Balance Balance as of November 30, 2017		Purchases		Purchases In-Kind		Sales			Share Balance as of February 28, 2018		Market Value as of February 28, 2018		Dividends*		Change in Unrealized Gain (Loss)			Realized Gain/(Loss)
Master Limited Partnerships
Buckeye Partners LP		11,471,355		74,820		1,072,016		(1,180,113	)		11,438,078	$	512,425,894	$	-		1,680,868		$	1,416,274
Dominion Energy Midstream Partners LP		3,944,909		-		360,061		(502,331	)		3,802,639		95,826,503		-		(25,309,134	)		(890,685	)
Enbridge Energy Partners LP		17,579,625		-		1,595,447		(2,344,606	)		16,830,466		210,549,130		-		(29,181,185	)		(1,201,444	)
EQT Midstream Partners LP		4,781,272		-		433,761		(639,140	)		4,575,893		281,508,937		-		(26,703,586	)		(1,404,344	)
Genesis Energy LP		8,762,589		-		794,994		(1,171,670	)		8,385,913		167,382,824		-		(6,259,679	)		(2,270,440	)
Magellan Midstream Partners LP		15,052,756		-		1,327,294		(2,494,517	)		13,885,533		867,290,391		-		(48,640,016	)		(276,696	)
NGL Energy Partners LP		-		8,936,898		643,819		(874,829	)		8,705,888		106,647,128		-		(9,707,318	)		(12,910	)
NuStar Energy LP		6,453,764		-		586,316		(859,226	)		6,180,854		135,607,937		-		(34,152,186	)		(3,797,878	)
Rice Midstream Partners LP		5,981,093		-		543,027		(796,462	)		5,727,658		108,882,779		-		(8,853,462	)		(54,582	)
TC PipeLines LP		4,253,931		-		389,656		(525,810	)		4,117,777		202,306,384		-		(2,775,225	)		162,726
Tallgrass Energy Partners LP		3,835,924		-		347,660		(514,802	)		3,668,782		140,697,790		-		(16,537,877	)		(1,080,794	)
Western Gas Partners LP		8,181,076		-		742,497		(1,089,145	)		7,834,428		364,692,623		-		22,762,306			(162,117	)
												$	3,193,818,320	$	-	$	(183,676,494	)	$	(9,572,890	)
Investments no longer affiliated as of February 28, 2018
DCP Midstream LP		7,380,879		-		669,552		(986,567	)		7,063,864	$	253,168,886	$	-	$	9,579,875		$	2,207,762
MPLX LP		23,433,562		-		2,126,771		(3,125,647	)		22,434,686		774,669,707		-		(17,761,727	)		1,544,346
												$	1,027,838,593	$	-	$	(8,181,852	)	$	3,752,108
GRAND TOTAL												$	4,221,656,913	$	-	$	(191,858,346	)	$	(5,820,782	)

* 100% of the Income received was estimated as Return of Capital.

Item 2. Controls and Procedures.

(a) The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this Report.

(b) There was no change in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) during the registrant’s last fiscal quarter covered by this Report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

Separate certifications for the registrant's Principal Executive Officer and Principal Financial Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached as Exhibit 99 Cert.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ALPS ETF TRUST
By:	/s/ Edmund J. Burke
	Edmund J. Burke
	President (Principal Executive Officer)
Date:	April 27, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ Edmund J. Burke
	Edmund J. Burke
	President (Principal Executive Officer)
Date:	April 27, 2018
By:	/s/ Jeremy O. May
	Jeremy O. May
	Treasurer (Principal Financial Officer)
Date:	April 27, 2018

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