ALPS ETF Trust

Schedules of Investments

(Unaudited)

February 29, 2024

Alerian Energy Infrastructure ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
CANADIAN ENERGY INFRASTRUCTURE COMPANIES (25.10%)
Gathering + Processing (4.75%)
Keyera Corp.		254,943	$	6,272,370
Pipeline Transportation | Natural Gas (4.83%)
TC Energy Corp.(a)		161,235		6,377,405
Pipeline Transportation | Petroleum (13.24%)
Enbridge, Inc.		317,182		10,902,656
Pembina Pipeline Corp.		188,581		6,562,783
Total Pipeline Transportation | Petroleum				17,465,439
Storage (2.28%)
Gibson Energy, Inc.		181,640		3,004,692
TOTAL CANADIAN ENERGY INFRASTRUCTURE COMPANIES
(Cost $33,334,418)				33,119,906
Security Description		Shares		Value
EXCHANGE TRADED FUND (1.12%)
Exchange Traded Fund (1.12%)
Energy Select Sector SPDR Fund		17,100		1,472,994
TOTAL EXCHANGE TRADED FUND
(Cost $1,473,122)				1,472,994
Security Description		Shares		Value
U.S. ENERGY INFRASTRUCTURE COMPANIES (30.33%)
Gathering + Processing (11.32%)
Kinetik Holdings, Inc.		19,086		674,117
ONEOK, Inc.		93,149		6,997,353
Targa Resources Corp.		73,978		7,267,599
Total Gathering + Processing				14,939,069
Liquefaction (5.28%)
Cheniere Energy, Inc.		37,483		5,817,361
NextDecade Corp.(a)(b)		132,180		606,706
Tellurian, Inc.(a)(b)		676,183		536,822
Total Liquefaction				6,960,889
Pipeline Transportation | Natural Gas (13.73%)
DT Midstream, Inc.		109,630		6,317,977
Equitrans Midstream Corp.		521,569		5,575,573

Security Description	Shares		Value
Pipeline Transportation | Natural Gas (continued)
Kinder Morgan, Inc.	358,057	$	6,226,611
Total Pipeline Transportation | Natural Gas			18,120,161
TOTAL U.S. ENERGY INFRASTRUCTURE COMPANIES
(Cost $33,459,138)			40,020,119
Security Description	Shares		Value
U.S. ENERGY INFRASTRUCTURE MLPS (26.78%)
Gathering + Processing (8.18%)
Hess Midstream LP, Class A	76,039		2,592,170
MPLX LP	146,243		5,621,581
Western Midstream Partners LP	77,272		2,584,748
Total Gathering + Processing			10,798,499
Pipeline Transportation | Natural Gas (17.61%)
Energy Transfer LP	834,791		12,221,340
Enterprise Products Partners LP	401,429		11,019,226
Total Pipeline Transportation | Natural Gas			23,240,566
Pipeline Transportation | Petroleum (0.99%)
Genesis Energy LP	29,505		339,898
NuStar Energy LP	40,882		965,633
Total Pipeline Transportation | Petroleum			1,305,531
TOTAL U.S. ENERGY INFRASTRUCTURE MLPS
(Cost $29,913,066)			35,344,596
Security Description	Shares		Value
U.S. GENERAL PARTNERS (16.55%)
Gathering + Processing (11.23%)
Antero Midstream Corp.	381,494		5,112,020
EnLink Midstream LLC	268,687		3,312,911
The Williams Cos., Inc.	177,728		6,387,544
Total Gathering + Processing			14,812,475
Pipeline Transportation | Petroleum (5.32%)
Plains GP Holdings LP, Class A	408,486		7,025,959
TOTAL U.S. GENERAL PARTNERS
(Cost $16,315,649)			21,838,434

7 Day Yield		Shares		Value
SHORT TERM INVESTMENTS (0.58%)
Money Market Fund (0.02%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $26,129)	5.28%	26,129	$	26,129
Investments Purchased with Collateral from Securities Loaned (0.56%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $743,483)		743,483	$	743,483
TOTAL SHORT TERM INVESTMENTS
(Cost $769,612)				769,612
TOTAL INVESTMENTS (100.46%)
(Cost $115,265,005)			$	132,565,661
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.46%)				(604,031	)
NET ASSETS - 100.00%			$	131,961,630

(a)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $867,541.
(b)	Non-income producing security.

See Notes to Quarterly Schedule of Investments.

Alerian MLP ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (104.17%)
Compression (2.78%)
USA Compression Partners LP(a)		8,873,729	$	221,577,013
Gathering + Processing (25.04%)
EnLink Midstream LLC(a)		41,303,566		509,272,969
Hess Midstream LP, Class A(a)		11,699,639		398,840,693
Western Midstream Partners LP(a)		32,524,425		1,087,942,016
Total Gathering + Processing				1,996,055,678
Liquefaction (4.29%)
Cheniere Energy Partners LP		7,038,822		342,227,526
Marketing & Distribution (12.85%)
Global Partners LP(a)		4,480,014		208,903,053
Suburban Propane Partners LP(a)		10,866,759		226,028,587
Sunoco LP(a)		9,602,501		589,401,511
Total Marketing & Distribution				1,024,333,151
Pipeline Transportation | Natural Gas (24.70%)
Energy Transfer LP		68,880,613		1,008,412,174
Enterprise Products Partners LP		34,977,608		960,135,340
Total Pipeline Transportation | Natural Gas				1,968,547,514
Pipeline Transportation | Petroleum (34.51%)
Delek Logistics Partners LP		1,554,271		67,921,643
Genesis Energy LP(a)		18,938,858		218,175,644
MPLX LP		25,598,142		983,992,578
NuStar Energy LP(a)		19,976,248		471,838,978
Plains All American Pipeline LP(a)		61,428,775		1,008,660,486
Total Pipeline Transportation | Petroleum				2,750,589,329
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $4,214,149,635)				8,303,330,211

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.06%)
Money Market Fund (0.06%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		4,493,577	$	4,493,577
TOTAL SHORT TERM INVESTMENTS
(Cost $4,493,577)						4,493,577
TOTAL INVESTMENTS (104.23%)
(Cost $4,218,643,212)					$	8,307,823,788
LIABILITIES IN EXCESS OF OTHER ASSETS (-4.23%)						(337,221,869	)
NET ASSETS - 100.00%					$	7,970,601,919

^(a) Affiliated Company. See Note 6 in Notes to Quarterly Schedule of Investments.

See Notes to Quarterly Schedule of Investments.

ALPS Active Equity Opportunity ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (96.66%)
Communication Services (8.09%)
Alphabet, Inc., Class A(a)		4,535	$	627,916
AT&T, Inc.		15,394		260,621
Meta Platforms, Inc., Class A		1,215		595,508
Walt Disney Co.		3,357		374,574
Total Communication Services				1,858,619
Consumer Discretionary (11.64%)
Amazon.com, Inc.(a)		4,114		727,191
DraftKings, Inc., Class A(a)		3,914		169,555
Lowe's Cos., Inc.		1,737		418,044
Marriott International, Inc., Class A		1,518		379,303
McDonald's Corp.		1,333		389,609
NIKE, Inc., Class B		3,196		332,160
O'Reilly Automotive, Inc.(a)		239		259,893
Total Consumer Discretionary				2,675,755
Consumer Staples (5.66%)
Campbell Soup Co.		3,231		137,770
Costco Wholesale Corp.		711		528,906
Target Corp.		1,204		184,116
Walmart, Inc.		7,692		450,828
Total Consumer Staples				1,301,620
Energy (5.47%)
Baker Hughes Co.		6,167		182,481
BP PLC, Sponsored ADR		5,784		202,382
ConocoPhillips		4,527		509,469
Enbridge, Inc.(b)		10,574		363,957
Total Energy				1,258,289
Financials (12.79%)
American Express Co.		2,220		487,113
Intercontinental Exchange, Inc.		3,065		424,257
JPMorgan Chase & Co.		4,455		828,897
Mastercard, Inc., Class A		1,070		507,993
UBS Group AG(b)		9,951		283,106
Wells Fargo & Co.		7,351		408,642
Total Financials				2,940,008
Health Care (9.91%)
Boston Scientific Corp.(a)		4,240		280,730
HCA Healthcare, Inc.		1,359		423,600
IQVIA Holdings, Inc.(a)		1,213		299,805
Thermo Fisher Scientific, Inc.		747		425,925
UnitedHealth Group, Inc.		1,076		531,114
Vertex Pharmaceuticals, Inc.(a)		753		316,817
Total Health Care				2,277,991
Industrials (11.94%)
Caterpillar, Inc.		1,341		447,840
Deere & Co.		912		332,926
ITOCHU Corp., ADR(b)		1,290		111,869
Lockheed Martin Corp.		802		343,449

Security Description	Shares		Value
Industrials (continued)
Old Dominion Freight Line, Inc.		686	$	303,541
Schneider Electric SE, ADR		8,888		404,048
Trane Technologies PLC		1,435		404,627
Waste Management, Inc.		1,929		396,699
Total Industrials				2,744,999
Information Technology (25.68%)
Adobe, Inc.(a)		653		365,863
Apple, Inc.		2,960		535,020
DocuSign, Inc.(a)		2,411		128,434
Intel Corp.		2,900		124,845
International Business Machines Corp.		1,539		284,761
Lam Research Corp.		253		237,377
Microsoft Corp.		2,692		1,113,519
Motorola Solutions, Inc.		900		297,351
Nice, Ltd., ADR(a),(b)		701		171,850
NVIDIA Corp.		1,213		959,629
Salesforce.com, Inc.		497		153,484
Synopsys, Inc.(a)		776		445,214
Taiwan Semiconductor Manufacturing Co., Ltd., ADR		3,554		457,293
TE Connectivity, Ltd.		2,082		298,892
Texas Instruments, Inc.		1,971		329,807
Total Information Technology				5,903,339
Materials (2.60%)
Freeport-McMoRan, Inc.		4,921		186,063
Linde PLC		698		313,276
Norsk Hydro ASA, ADR		18,985		98,248
Total Materials				597,587
Real Estate (2.01%)
Equity LifeStyle Properties, Inc.		3,582		241,140
Prologis, Inc.		1,666		222,028
Total Real Estate				463,168
Utilities (0.87%)
PPL Corp.		7,555		199,225
TOTAL COMMON STOCKS
(Cost $17,586,515)				22,220,600

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (5.29%)
Money Market Fund (3.40%)
State Street Institutional Treasury Plus Money Market Fund (Premier  Class)
(Cost $782,045)	5.28	%		782,045	$	782,045
Investments Purchased with Collateral from Securities Loaned (1.89%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $433,339)				433,339	$	433,339
TOTAL SHORT TERM INVESTMENTS
(Cost $1,215,384)						1,215,384
TOTAL INVESTMENTS (101.95%)
(Cost $18,801,899)					$	23,435,984
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.95%)						(447,368	)
NET ASSETS - 100.00%					$	22,988,616

(a)	Non-income producing security.
(b)	The security, or a portion of the security position is currently on loan. The total market value of securities on loan was $820,596.

See Notes to Quarterly Schedule of Investments.

ALPS Active REIT ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (98.09%)
Diversified REITs (2.15%)
Broadstone Net Lease, Inc.		33,776	$	503,600
Health Care REITs (9.07%)
Healthcare Realty Trust, Inc.		27,419		377,834
Healthpeak Properties, Inc.		29,865		500,239
Omega Healthcare Investors, Inc.		9,826		305,785
Ventas, Inc.		22,350		945,181
Total Health Care REITs				2,129,039
Hotel & Resort REITs (4.16%)
Park Hotels & Resorts, Inc.		26,617		441,842
Sunstone Hotel Investors, Inc.		47,506		531,592
Total Hotel & Resort REITs				973,434
Industrial REITs (16.95%)
First Industrial Realty Trust, Inc.		25,025		1,326,325
Prologis, Inc.		9,586		1,277,526
Rexford Industrial Realty, Inc.		26,906		1,368,978
Total Industrial REITs				3,972,829
Office REITs (4.94%)
Highwoods Properties, Inc.		23,444		573,206
Kilroy Realty Corp.		15,418		584,188
Total Office REITs				1,157,394
Residential REITs (15.90%)
AvalonBay Communities, Inc.		7,060		1,249,832
Equity Residential		12,255		737,874
Invitation Homes, Inc.		32,631		1,111,738
Sun Communities, Inc.		4,690		627,334
Total Residential REITs				3,726,778
Retail REITs (17.93%)
Brixmor Property Group, Inc.		22,564		510,172
Macerich Co.		17,390		285,370
Realty Income Corp.		23,696		1,234,799
Retail Opportunity Investments Corp.		27,601		356,881
Simon Property Group, Inc.		12,241		1,813,381
Total Retail REITs				4,200,603
Specialized REITs (26.99%)
Digital Realty Trust, Inc.		4,947		726,269
Equinix, Inc.		2,661		2,365,149
Extra Space Storage, Inc.		4,376		616,885
Public Storage		4,850		1,376,770

Security Description	Shares		Value
Specialized REITs (continued)
VICI Properties, Inc.		41,540	$	1,243,292
Total Specialized REITs				6,328,365
TOTAL COMMON STOCKS
(Cost $22,357,461)				22,992,042

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.78%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		416,281		416,281
TOTAL SHORT TERM INVESTMENTS
(Cost $416,281)							416,281
TOTAL INVESTMENTS (99.87%)
(Cost $22,773,742)						$	23,408,323
OTHER ASSETS IN EXCESS OF LIABILITIES (0.13%)							29,927
NET ASSETS - 100.00%						$	23,438,250

See Notes to Quarterly Schedule of Investments.

ALPS Clean Energy ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (91.42%)
Consumer Discretionary (12.57%)
EVgo, Inc.(a)		310,856	$	920,134
Fisker, Inc.(a)(b)		685,192		498,957
Lucid Group, Inc.(a)(b)		2,800,353		9,241,165
Rivian Automotive, Inc.(a)		701,709		7,943,346
Tesla, Inc.(a)		52,924		10,684,296
Total Consumer Discretionary				29,287,898
Consumer Staples (5.08%)
Darling Ingredients, Inc.(a)		279,325		11,818,241
Energy (2.65%)
Clean Energy Fuels Corp.(a)(b)		538,651		1,589,020
Gevo, Inc.(a)		740,577		660,298
Green Plains, Inc.(a)		184,698		3,934,068
Total Energy				6,183,386
Financials (3.81%)
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b)		352,435		8,870,789
Industrials (21.80%)
Ameresco, Inc., Class A(a)(b)		101,914		2,136,117
Array Technologies, Inc.(a)(b)		461,074		6,289,049
Ballard Power Systems, Inc.(a)(b)		803,984		2,524,510
ChargePoint Holdings, Inc.(a)(b)		1,052,857		2,179,414
Fluence Energy, Inc.(a)(b)		134,277		2,053,095
Microvast Holdings, Inc.(a)(b)		550,803		473,856
NEXTracker, Inc.(a)		157,258		8,844,191
Nikola Corp.(a)(b)		3,087,099		2,297,419
Plug Power, Inc.(a)(b)		1,913,774		6,755,622
Shoals Technologies Group, Inc., Class A(a)(b)		538,840		6,913,317
Stem, Inc.(a)(b)		480,406		1,287,488
SunPower Corp.(a)(b)		276,176		858,907
Sunrun, Inc.(a)		678,286		8,166,564
Total Industrials				50,779,549
Information Technology (17.43%)
Enphase Energy, Inc.(a)		118,745		15,081,802
First Solar, Inc.(a)		78,820		12,129,610
Itron, Inc.(a)		144,516		13,393,743
Total Information Technology				40,605,155
Materials (9.54%)
Albemarle Corp.(b)		100,325		13,829,801

Security Description	Shares		Value
Materials (continued)
Arcadium Lithium PLC, Class A(a)(b)		1,377,351	$	7,561,657
Piedmont Lithium, Inc.(a)(b)		56,914		828,668
Total Materials				22,220,126
Utilities (18.54%)
Altus Power, Inc.(a)		168,126		1,144,938
Boralex, Inc., Class A(b)		327,509		7,198,610
Clearway Energy, Inc., Class C(b)		261,249		5,695,228
Innergex Renewable Energy, Inc.(b)		497,362		3,096,717
Northland Power, Inc.(b)		756,111		12,814,024
Ormat Technologies, Inc.(b)		164,926		10,744,929
Sunnova Energy International, Inc.(a)(b)		340,835		2,481,279
Total Utilities				43,175,725
TOTAL COMMON STOCKS
(Cost $460,892,078)				212,940,869

Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (8.23%)
Utilities (8.23%)
Brookfield Renewable Partners LP		489,001		10,967,978
NextEra Energy Partners LP		298,626		8,203,256
Total Utilities				19,171,234
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $36,533,913)				19,171,234

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (11.27%)
Money Market Fund (0.17%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $394,057)		5.28	%		394,057	$	394,057
Investments Purchased with Collateral from Securities Loaned (11.10%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $25,865,942)					25,865,942	$	25,865,942
TOTAL SHORT TERM INVESTMENTS
(Cost $26,259,999)							26,259,999
TOTAL INVESTMENTS (110.92%)
(Cost $523,685,990)						$	258,372,102
LIABILITIES IN EXCESS OF OTHER ASSETS (-10.92%)							(25,434,350	)
NET ASSETS - 100.00%						$	232,937,752

(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 $64,277,094.

See Notes to Quarterly Schedule of Investments.

ALPS Disruptive Technologies ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.14%)
Communication Services (1.27%)
Netflix, Inc.(a)		2,188	$	1,319,189
Consumer Discretionary (3.22%)
ADT, Inc.		157,243		1,141,584
Garmin, Ltd.		7,937		1,090,147
iRobot Corp.(a)		25,558		291,617
Tesla, Inc.(a)		4,080		823,670
Total Consumer Discretionary				3,347,018
Financials (17.31%)
Adyen NV(a)(b)(c)		799		1,260,798
American Express Co.		5,863		1,286,459
Block, Inc., Class A(a)		14,432		1,146,911
Fidelity National Information Services, Inc.		16,779		1,160,939
Fiserv, Inc.(a)		7,516		1,121,913
FleetCor Technologies, Inc.(a)		3,847		1,074,352
Global Payments, Inc.		8,240		1,068,728
GMO Payment Gateway, Inc.		17,100		1,150,304
Jack Henry & Associates, Inc.		5,988		1,040,535
Kaspi.KZ JSC, ADR(c)		10,546		1,088,347
Mastercard, Inc., Class A		2,395		1,137,050
Moody's Corp.		2,646		1,003,945
Pagseguro Digital, Ltd., Class A(a)		95,439		1,328,511
PayPal Holdings, Inc.(a)		16,895		1,019,444
S&P Global, Inc.		2,357		1,009,692
Visa, Inc., Class A		3,861		1,091,273
Total Financials				17,989,201
Health Care (11.38%)
Align Technology, Inc.(a)		4,572		1,382,665
Boston Scientific Corp.(a)		17,978		1,190,323
Dexcom, Inc.(a)		8,303		955,426
DiaSorin SpA(d)		10,054		1,014,702
HealthEquity, Inc.(a)		14,612		1,207,097
Insulet Corp.(a)		5,082		833,448
Intuitive Surgical, Inc.(a)		3,179		1,225,822
PROCEPT BioRobotics Corp.(a)		24,648		1,191,484
ResMed, Inc.		6,044		1,049,964
Shanghai MicroPort MedBot Group Co., Ltd.(a)		422,500		783,537
Smith & Nephew PLC, Sponsored ADR(d)		37,978		1,006,797
Total Health Care				11,841,265
Industrials (16.91%)
3D Systems Corp.(a)		166,764		690,403
AeroVironment, Inc.(a)		7,969		1,010,390
AutoStore Holdings, Ltd.(a)(b)(c)(d)		602,441		964,809

Security Description	Shares		Value
Industrials (continued)
Experian PLC		25,856	$	1,104,804
FANUC Corp.		35,107		1,023,798
Goldwind Science & Technology Co., Ltd., Class H		2,304,800		877,234
Proto Labs, Inc.(a)		26,641		970,532
RELX PLC, Sponsored ADR		25,381		1,114,734
Schneider Electric SE		5,320		1,206,321
Sensata Technologies Holding PLC		29,374		1,011,053
SS&C Technologies Holdings, Inc.		17,374		1,107,766
Stratasys, Ltd.(a)		83,472		1,030,879
Thomson Reuters Corp.		7,007		1,106,127
TransUnion		15,786		1,225,468
Verisk Analytics, Inc.		4,238		1,025,172
Vestas Wind Systems A/S(a)		36,573		1,017,882
Wolters Kluwer NV		7,096		1,118,576
Total Industrials				17,605,948
Information Technology (46.14%)
Adobe, Inc.(a)		1,624		909,895
Alarm.com Holdings, Inc.(a)		17,379		1,315,417
Allegro MicroSystems, Inc.(a)		36,769		1,157,855
ANSYS, Inc.(a)		3,457		1,155,226
Autodesk, Inc.(a)		4,420		1,141,111
Check Point Software Technologies, Ltd.(a)		6,860		1,100,481
Cognex Corp.		26,009		1,026,055
Crowdstrike Holdings, Inc., Class A(a)		4,115		1,333,876
CyberArk Software, Ltd.(a)		4,886		1,288,731
Dassault Systemes SE		20,938		977,268
Datadog, Inc., Class A(a)		8,597		1,130,162
Dynatrace, Inc.(a)		18,342		908,846
First Solar, Inc.(a)		6,859		1,055,532
Fortinet, Inc.(a)		19,271		1,331,819
Gen Digital, Inc.		44,413		954,435
Guidewire Software, Inc.(a)		10,016		1,195,309
Intuit, Inc.		1,731		1,147,463
Itron, Inc.(a)		14,163		1,312,627
Keyence Corp.		2,308		1,078,257
Nemetschek SE		11,941		1,138,037
Okta, Inc.(a)		13,739		1,474,195
Omron Corp.		23,800		881,387
Palo Alto Networks, Inc.(a)		3,369		1,046,243
PTC, Inc.(a)		6,043		1,105,929
Qorvo, Inc.(a)		9,863		1,129,807
Qualys, Inc.(a)		5,296		910,171
Renishaw PLC		24,555		1,335,305
Salesforce, Inc.		3,968		1,225,398
Samsara, Inc., Class A(a)		29,319		1,012,971
SAP SE, Sponsored ADR		6,190		1,162,915
SenseTime Group, Inc.(a)(b)(c)(d)		6,050,000		695,447
ServiceNow, Inc.(a)		1,438		1,109,187
Silicon Laboratories, Inc.(a)		8,420		1,158,086
Skyworks Solutions, Inc.		9,681		1,015,731
Snowflake, Inc., Class A(a)		5,290		996,001

Security Description	Shares		Value
Information Technology (continued)
SolarEdge Technologies, Inc.(a)		12,333	$	828,408
Splunk, Inc.(a)		6,554		1,023,866
Temenos AG		11,398		854,512
Trend Micro, Inc.		17,422		862,965
Workday, Inc., Class A(a)		3,629		1,069,321
Xero, Ltd.(a)		14,464		1,196,919
Xinyi Solar Holdings, Ltd.		1,856,000		1,128,367
Zoom Video Communications, Inc., Class A(a)		13,742		971,972
Zscaler, Inc.(a)		4,929		1,192,670
Total Information Technology				48,046,175
Real Estate (1.05%)
Equinix, Inc.		1,228		1,091,471
Utilities (1.86%)
China Longyuan Power Group Corp., Ltd., Class H		1,409,000		996,981
Enlight Renewable Energy, Ltd.(a)		54,488		941,239
Total Utilities				1,938,220
TOTAL COMMON STOCKS
(Cost $98,643,276)				103,178,487

Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (0.84%)
Utilities (0.84%)
Brookfield Renewable Partners LP		38,964		873,937
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $1,141,770)				873,937
SHORT TERM INVESTMENTS (0.13%)
Investments Purchased with Collateral from Securities Loaned (0.13%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $136,443)		136,443		136,443
TOTAL SHORT TERM INVESTMENTS
(Cost $136,443)				136,443
TOTAL INVESTMENTS (100.11%)
(Cost $99,921,489)			$	104,188,867
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.11%)				(119,343	)
NET ASSETS - 100.00%			$	104,069,524

^(a) Non-income producing security.

(b)	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 $2,921,054, representing 2.81% of net assets.
(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 29, 2024, the market value of those securities was $4,009,401, representing 3.85% of net assets.
(d)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $1,654,790.

See Notes to Quarterly Schedule of Investments.

ALPS Emerging Sector Dividend Dogs ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.72%)
Brazil (9.69%)
Ambev SA		173,200	$	438,305
BB Seguridade Participacoes SA		79,600		533,858
Cia Siderurgica Nacional SA		143,983		487,175
Gerdau SA		109,936		475,473
Petroleo Brasileiro SA		71,792		579,697
Total Brazil				2,514,508
Chile (5.85%)
Cencosud SA		263,184		472,666
Cia Sud Americana de Vapores SA		8,468,601		591,275
Enel Chile SA		7,566,625		454,518
Total Chile				1,518,459
China (11.38%)
China Shenhua Energy Co., Ltd., Class H		159,500		616,243
China Zheshang Bank Co., Ltd.		1,961,000		541,000
Chongqing Rural Commercial Bank Co., Ltd.		1,316,000		531,140
COSCO SHIPPING Holdings Co., Ltd.		562,000		605,822
Yankuang Energy Group Co., Ltd., Class H		286,000		660,435
Total China				2,954,640
Colombia (4.39%)
Bancolombia SA, ADR		17,894		581,913
Interconexion Electrica SA ESP		130,817		557,264
Total Colombia				1,139,177
Czech Republic (1.53%)
CEZ AS(a)		11,657		398,261
Hungary (2.06%)
Richter Gedeon Nyrt		20,056		533,941
India (9.76%)
Dr Reddy's Laboratories, Ltd., ADR		7,322		562,183
Infosys, Ltd., Sponsored ADR		46,819		934,507
Wipro, Ltd., ADR		167,316		1,035,686
Total India				2,532,376
Indonesia (9.32%)
Adaro Energy Indonesia Tbk PT		3,044,100		468,770
Gudang Garam Tbk PT		374,500		484,360
Indofood Sukses Makmur Tbk PT		1,217,600		513,306
Kalbe Farma Tbk PT		4,739,600		449,380

Security Description	Shares		Value
Indonesia (continued)
Telkom Indonesia Persero Tbk PT		1,977,800	$	503,417
Total Indonesia				2,419,233
Malaysia (10.36%)
Axiata Group Bhd		1,003,900		588,103
Genting Malaysia Bhd		885,800		535,717
Maxis Bhd		605,700		474,808
Petronas Gas Bhd		139,100		525,857
Sime Darby Bhd		990,300		565,528
Total Malaysia				2,690,013
Mexico (9.65%)
Grupo Aeroportuario del Centro Norte SAB de CV		56,122		486,434
Grupo Aeroportuario del Pacifico SAB de CV, Class B(a)		34,071		503,082
Grupo Financiero Banorte SAB de CV, Class O		52,575		543,571
Grupo Mexico SAB de CV, Series B		108,725		527,797
Orbia Advance Corp. SAB de CV		240,324		444,432
Total Mexico				2,505,316
Philippines (4.01%)
Manila Electric Co.		75,060		520,740
PLDT, Inc.		22,305		520,972
Total Philippines				1,041,712
Russia (0.01%)
Mobile TeleSystems PJSC, Sponsored ADR(b)(c)		64,600		646
Novolipetsk Steel PJSC, GDR(b)(c)(d)		17,594		176
Severstal PAO, GDR(b)(c)(d)		23,283		233
X5 Retail Group NV, GDR(b)(c)(d)		17,785		178
Total Russia				1,233
South Africa (8.90%)
Exxaro Resources, Ltd.		50,820		470,893
Pepkor Holdings, Ltd.(d)(e)		508,407		494,888
Sasol, Ltd.		53,521		403,863
Vodacom Group, Ltd.(a)		96,233		471,733
Woolworths Holdings, Ltd.		139,794		467,705
Total South Africa				2,309,082
Thailand (10.66%)
Bangkok Dusit Medical Services PCL		690,100		548,386
Bumrungrad Hospital Pcl		83,100		519,013
Delta Electronics Thailand PCL		366,000		727,102
Home Product Center PCL		1,480,000		462,177
Thai Beverage PCL		1,357,700		509,560
Total Thailand				2,766,238

Security Description	Shares		Value
Turkey (2.15%)
Tofas Turk Otomobil Fabrikasi A.S.		65,194	$	558,391
TOTAL COMMON STOCKS
(Cost $26,986,223)				25,882,580

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.10%)
Money Market Fund (0.23%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $59,408)	5.28	%		59,408	$	59,408
Investments Purchased with Collateral from Securities Loaned (1.87%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $484,443)				484,443		484,443
TOTAL SHORT TERM INVESTMENTS
(Cost $543,851)						543,851
TOTAL INVESTMENTS (101.82%)
(Cost $27,530,074)					$	26,426,431
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.82%)						(471,310	)
NET ASSETS - 100.00%					$	25,955,121

(a)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $903,895.
(b)	Non-income producing security.
(c)	As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 securities under the fair value hierarchy.
(d)	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 29, 2024, the market value of those securities was $495,475, representing 1.91% of net assets.
(e)	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 $494,888, representing 1.91% of net assets.

See Notes to Quarterly Schedule of Investments.

ALPS Equal Sector Weight ETF

Schedule of Investments

As of February 29, 2024 (Unaudited)

Security Description	Shares		Value
EXCHANGE TRADED FUNDS (100.02%)(a)
Communication Services (9.73%)
Communication Services Select Sector SPDR Fund		394,100	$	31,275,776
Consumer Discretionary (8.95%)
Consumer Discretionary Select Sector SPDR Fund(b)		156,182		28,801,522
Consumer Staples (9.09%)
Consumer Staples Select Sector SPDR Fund(b)		392,877		29,249,693
Energy (8.89%)
Energy Select Sector SPDR Fund		332,033		28,601,323
Financials (9.39%)
Financial Select Sector SPDR Fund		749,402		30,230,877
Healthcare (9.39%)
Health Care Select Sector SPDR Fund(b)		208,636		30,214,665
Industrials (9.31%)
Industrial Select Sector SPDR Fund		247,649		29,965,529
Materials (8.94%)
Materials Select Sector SPDR Fund(b)		328,636		28,775,368
Real Estate (8.50%)
Real Estate Select Sector SPDR Fund		699,800		27,369,178
Technology (9.39%)
Technology Select Sector SPDR Fund		145,997		30,218,459
Utilities (8.44%)
Utilities Select Sector SPDR Fund		437,600		27,174,960
TOTAL EXCHANGE TRADED FUNDS
(Cost $285,941,736)				321,877,350

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (15.25%)
Money Market Fund (0.00%)(c)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $7,241)	5.28	%		7,241	$	7,241
Investments Purchased with Collateral from Securities Loaned (15.24%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $49,062,752)				49,062,752	$	49,062,752
TOTAL SHORT TERM INVESTMENTS
(Cost $49,069,993)						49,069,993
TOTAL INVESTMENTS (115.26%)
(Cost $335,011,729)					$	370,947,343
LIABILITIES IN EXCESS OF OTHER ASSETS (-15.26%)						(49,101,972	)
NET ASSETS - 100.00%					$	321,845,371

(a)	The financial statements of the Underlying Sector ETFs, including the portfolio of investments, are included in The Select Sector SPDR Trust's N-CSR filing dated September 30, 2023, available at www.sec.gov or can be found at www.ssga.com and should be read in conjunction with the Fund's financial statements.
(b)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $50,907,408.
(c)	Less than 0.005%

Common Abbreviations:

SPDR^® - Standard & Poor's Depositary Receipts

See Notes to Quarterly Schedule of Investments.

ALPS Global Travel Beneficiaries ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.84%)
Communication Services (5.46%)
Travelzoo(a)		1,630	$	15,404
TripAdvisor, Inc.(a)		894		23,977
Walt Disney Co.		3,050		340,319
Total Communication Services				379,700
Consumer Discretionary (49.23%)
Accor SA(a)		470		20,365
Airbnb, Inc., Class A(a)		2,010		316,515
Amadeus IT Group SA		1,204		70,764
Avolta AG(a)		439		17,171
Booking Holdings, Inc.		87		301,788
Caesars Entertainment, Inc.(a)		1,584		68,856
Churchill Downs, Inc.		549		66,907
Cie Financiere Richemont SA, Class A		1,204		191,420
Expedia Group, Inc.(a)		1,087		148,723
Flight Centre Travel Group, Ltd.		1,289		17,938
Galaxy Entertainment Group, Ltd.		9,000		49,141
H World Group, Ltd., ADR		1,475		53,926
Hilton Worldwide Holdings, Inc.		1,655		338,150
InterContinental Hotels Group PLC		353		37,341
Las Vegas Sands Corp.		1,907		103,970
LVMH Moet Hennessy Louis Vuitton SE		365		332,479
Marriott International, Inc., Class A		1,356		338,823
MGM Resorts International(a)		2,025		87,642
OneSpaWorld Holdings, Ltd.(a)		1,250		16,300
Oriental Land Co., Ltd.		7,800		279,025
Royal Caribbean Cruises, Ltd.(a)		467		57,604
Sabre Corp.(a)		4,397		11,652
Samsonite International SA(a)(b)(c)		12,300		42,966
Sega Sammy Holdings, Inc.		1,400		17,528
Tongcheng Travel Holdings, Ltd.(a)(c)		9,000		22,714
Trainline PLC(a)(b)(c)		4,258		16,641
Trip.com Group, Ltd., ADR(a)		4,132		183,750
TUI AG(a)		2,048		14,317
Vail Resorts, Inc.		355		81,760
WH Smith PLC		953		14,869

Security Description	Shares		Value
Consumer Discretionary (continued)
Wyndham Hotels & Resorts, Inc.	743	$	56,877
Wynn Resorts, Ltd.	495		52,074
Total Consumer Discretionary			3,429,996
Consumer Staples (10.55%)
Estee Lauder Cos., Inc., Class A	2,030		301,617
Hormel Foods Corp.	2,410		85,121
L'Oreal SA	552		263,519
Shiseido Co., Ltd.	3,100		83,683
Total Consumer Staples			733,940
Financials (5.93%)
American Express Co.	1,677		367,967
Euronet Worldwide, Inc.(a)	415		45,418
Total Financials			413,385
Industrials (23.31%)
Aena SME SA(b)(c)	213		40,321
Aeroports de Paris SA(a)	127		17,254
Air France-KLM(a)	1,850		20,847
Alaska Air Group, Inc.(a)	985		36,829
American Airlines Group, Inc.(a)	4,068		63,786
ANA Holdings, Inc.	2,800		60,961
Auckland International Airport, Ltd.	7,400		36,494
Avis Budget Group, Inc.	82		8,859
Dassault Aviation SA	81		16,012
Delta Air Lines, Inc.	5,588		236,204
Deutsche Lufthansa AG(a)	1,728		13,424
Elis SA	818		18,654
Flughafen Zurich AG	74		15,606
Grab Holdings, Ltd.(a)	5,042		15,479
Grupo Aeroportuario del Pacifico SAB de CV(d)	2,356		34,788
Grupo Aeroportuario del Sureste SAB de CV, ADR	151		44,450
Hertz Global Holdings, Inc.(a)(d)	1,690		13,267
International Consolidated Airlines Group SA(a)	7,881		14,649
Japan Airlines Co., Ltd.	2,300		42,895
Korean Air Lines Co., Ltd.	2,598		44,874
Localiza Rent a Car SA	2,892		30,833
Lyft, Inc., Class A(a)	1,291		20,501
Qantas Airways, Ltd.(a)	15,668		52,245
Ryanair Holdings PLC, ADR	239		33,042
Sixt SE	156		14,610
Southwest Airlines Co.	4,680		160,384
Turk Hava Yollari AO(a)	4,741		42,770
Uber Technologies, Inc.(a)	4,617		367,051

Security Description	Shares		Value
Industrials (continued)
United Airlines Holdings, Inc.(a)	2,337	$	106,310
Total Industrials			1,623,399
Information Technology (0.42%)
Agilysys, Inc.(a)	187		14,548
Clear Secure, Inc.	751		14,457
Total Information Technology			29,005
Real Estate (4.94%)
Gaming and Leisure Properties, Inc.	2,923		132,938
Host Hotels & Resorts, Inc.	7,177		148,851
Ryman Hospitality Properties, Inc.	525		62,202
Total Real Estate			343,991
TOTAL COMMON STOCKS
(Cost $6,472,411)			6,953,416

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.31%)
Money Market Fund (0.13%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $9,168)	5.28	%		9,168	$	9,168
Investments Purchased with Collateral from Securities Loaned (0.18%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $12,548)				12,548		12,548
TOTAL SHORT TERM INVESTMENTS
(Cost $21,716)						21,716
TOTAL INVESTMENTS (100.15%)
(Cost $6,494,127)					$	6,975,132
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.15%)						(10,697	)
NET ASSETS - 100.00%					$	6,964,435

^(a) Non-income producing security.

(b)	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 $99,928, representing 1.43% of net assets.
(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 29, 2024, the market value of those securities was $122,642, representing 1.76% of net assets.
(d)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $43,225.

See Notes to Quarterly Schedule of Investments.

ALPS Intermediate Municipal Bond ETF

Schedule of Investments

As of February 29, 2024 (Unaudited)

Security Description	Principal Amount		Value
GOVERNMENT BONDS (5.69%)
United States Treasury Bill
5.67%, 03/07/2024(a)	$	1,795,000	$	1,793,428
Total				1,793,428
TOTAL GOVERNMENT BONDS
(Cost $1,791,217)				1,793,428

Security Description	Principal Amount		Value
MUNICIPAL BONDS (95.82%)
General Obligation Limited  (2.29%)
Pennsylvania  (2.29%)
School District of Philadelphia
5.00%, 09/01/2034		500,000		515,450
4.00%, 09/01/2036		200,000		205,085
Total Pennsylvania				720,535
Total General Obligation Limited				720,535
General Obligation Unlimited  (12.76%)
California  (5.54%)
Allan Hancock Joint Community College District
0.00%, 08/01/2042(a)		350,000		294,483
Chaffey Joint Union High School District
0.00%, 08/01/2044(a)		250,000		98,666
Chino Valley Unified School District
0.00%, 08/01/2035(a)		135,000		88,311
Lake Tahoe Unified School District
0.00%, 08/01/2045(a)		150,000		124,481
Mount San Antonio Community College District
0.00%, 08/01/2043(a)		275,000		271,934
Rio Hondo Community College District
0.00%, 08/01/2036(a)		300,000		192,246
0.00%, 08/01/2044(a)		150,000		57,938
San Mateo County Community College District
0.00%, 09/01/2035(a)		110,000		76,648
San Mateo Union High School District
0.00%, 09/01/2041(a)		520,000		546,147
Total California				1,750,854

Security Description	Principal Amount		Value
General Obligation Unlimited (continued)
Oregon  (4.09%)
Clackamas & Washington Counties School District No 3
0.00%, 06/15/2036(a)	$	600,000	$	368,955
Multnomah County School District No 40
0.00%, 06/15/2043(a)		1,000,000		405,640
Multnomah County School District No 7 Reynolds
0.00%, 06/15/2035(a)		500,000		307,888
Washington & Multnomah Counties School District No 48J Beaverton
0.00%, 06/15/2034(a)		200,000		133,351
0.00%, 06/15/2041(a)		150,000		69,012
Total Oregon				1,284,846
Texas  (1.78%)
Fort Bend Independent School District
0.72%, 08/01/2051		65,000		59,877
3.65%, 08/01/2052		500,000		499,845
Total Texas				559,722
Washington  (1.35%)
Washington Clackamas & Yamhill Counties School District No 88J
0.00%, 06/15/2037(a)		150,000		83,846
0.00%, 06/15/2039(a)		255,000		128,901
0.00%, 06/15/2040(a)		200,000		97,395
0.00%, 06/15/2041(a)		250,000		114,584
Total Washington				424,726
Total General Obligation Unlimited				4,020,148
Revenue Bonds  (80.77%)
Alabama  (0.21%)
Industrial Development Board of the City of Mobile Alabama
3.92%, 06/01/2034		65,000		65,477
Total Alabama				65,477
Arizona  (4.42%)
Chandler Industrial Development Authority
4.10%, 12/01/2037		175,000		176,764
Salt Verde Financial Corp.
5.00%, 12/01/2032		675,000		722,142
5.00%, 12/01/2037		450,000		494,105
Total Arizona				1,393,011
California  (6.23%)
Anaheim Public Financing Authority
0.00%, 09/01/2030(a)		275,000		224,477

Security Description	Principal Amount		Value
Revenue Bonds (continued)
California Infrastructure & Economic Development Bank
3.25%, 08/01/2029	$	300,000	$	302,829
California Municipal Finance Authority
3.20%, 09/01/2045		175,000		174,475
Long Beach Bond Finance Authority
3M US SOFR + 1.45%, 11/15/2027(c)		430,000		429,865
Modesto Irrigation District
3M US SOFR + 0.63%, 09/01/2037(c)		460,000		434,877
Northern California Gas Authority No 1
3M US SOFR + 0.72%, 07/01/2027(c)		230,000		228,173
San Diego County Regional Airport Authority
5.25%, 07/01/2036		150,000		171,873
Total California				1,966,569
Colorado  (2.62%)
City & County of Denver Co. Airport System Revenue
5.25%, 11/15/2035		250,000		288,986
5.75%, 11/15/2036		250,000		309,321
E-470 Public Highway Authority
0.00%, 09/01/2035(a)		300,000		175,217
1D US SOFR + 0.35%, 09/01/2039(c)		50,000		49,905
Total Colorado				823,429
Connecticut  (0.99%)
Connecticut Housing Finance Authority
4.00%, 11/15/2047		315,000		313,537
Total Connecticut				313,537
District of Columbia  (2.32%)
Metropolitan Washington Airports Authority Aviation Revenue
5.00%, 10/01/2030		200,000		201,251
5.00%, 10/01/2031		245,000		253,891
5.00%, 10/01/2037		250,000		275,180
Total District of Columbia				730,322
Florida  (3.18%)
City Of South Miami Health Facilities Authority, Inc.
5.00%, 08/15/2042		300,000		308,146
County of Broward FL Airport System Revenue
5.00%, 10/01/2031		200,000		216,730
Florida Housing Finance Corp.
5.50%, 01/01/2054		145,000		152,062

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Greater Orlando Aviation Authority
5.00%, 10/01/2033	$	300,000	$	324,957
Total Florida				1,001,895
Georgia  (5.42%)
Development Authority of Burke County
1.50%, 01/01/2040		255,000		246,002
1.70%, 12/01/2049		650,000		640,624
Main Street Natural Gas, Inc.
4.00%, 08/01/2049		500,000		500,960
5.00%, 12/01/2053		300,000		320,493
Total Georgia				1,708,079
Illinois  (2.68%)
Illinois Finance Authority
5.00%, 08/15/2035		225,000		251,124
5.00%, 02/15/2036		370,000		383,580
Illinois Housing Development Authority
6.25%, 04/01/2054		190,000		211,851
Total Illinois				846,555
Indiana  (0.50%)
Indiana Finance Authority
5.00%, 11/01/2043		150,000		156,353
Total Indiana				156,353
Kentucky  (3.06%)
County of Trimble KY
4.70%, 06/01/2054		300,000		303,384
Kentucky Public Energy Authority
4.00%, 12/01/2049		210,000		210,321
1D US SOFR + 1.20%, 08/01/2052(c)		460,000		451,755
Total Kentucky				965,460
Massachusetts  (0.45%)
Massachusetts Housing Finance Agency
3.00%, 12/01/2050		145,000		140,902
Total Massachusetts				140,902
Minnesota  (0.35%)
Minnesota Housing Finance Agency
2.47%, 01/01/2050		124,781		109,667
Total Minnesota				109,667
Mississippi  (0.72%)
Mississippi State University Educational Building Corp.
5.00%, 08/01/2038(b)		200,000		227,369
Total Mississippi				227,369

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Missouri  (0.68%)
Missouri Housing Development Commission
4.00%, 05/01/2050	$	215,000	$	214,174
Total Missouri				214,174
Nebraska  (3.06%)
Central Plains Energy Project
5.00%, 05/01/2053		725,000		761,235
Nebraska Investment Finance Authority
3.50%, 09/01/2046		205,000		202,672
Total Nebraska				963,907
New Jersey  (5.05%)
New Jersey Economic Development Authority
5.00%, 06/15/2034(b)		250,000		295,439
New Jersey Health Care Facilities Financing Authority
5.00%, 07/01/2045		220,000		227,744
New Jersey Transportation Trust Fund Authority
0.00%, 12/15/2031(a)		1,375,000		1,067,955
Total New Jersey				1,591,138
New Mexico  (1.97%)
City of Farmington NM
1.80%, 04/01/2029		375,000		333,896
New Mexico Mortgage Finance Authority
5.25%, 03/01/2053		275,000		288,039
Total New Mexico				621,935
New York  (8.83%)
Metropolitan Transportation Authority
1D US SOFR + 0.43%, 11/01/2026(c)		65,000		64,726
1D US SOFR + 0.80%, 11/01/2032(c)		460,000		460,356
1D US SOFR + 0.33%, 11/01/2035(c)		445,000		444,946
New York State Dormitory Authority
4.00%, 07/01/2038		100,000		104,966
Port Authority of New York & New Jersey
5.00%, 11/01/2030		1,100,000		1,197,274
Triborough Bridge & Tunnel Authority
0.00%, 11/15/2039(a)		1,000,000		515,765
Total New York				2,788,033

Security Description	Principal Amount		Value
Revenue Bonds (continued)
North Carolina  (2.61%)
North Carolina Housing Finance Agency
6.25%, 01/01/2055	$	750,000	$	821,873
Total North Carolina				821,873
North Dakota  (2.10%)
North Dakota Housing Finance Agency
4.25%, 01/01/2049		345,000		344,853
5.75%, 07/01/2053		300,000		318,894
Total North Dakota				663,747
Ohio  (3.16%)
Ohio Housing Finance Agency
5.00%, 03/01/2052		965,000		995,866
Total Ohio				995,866
Oklahoma  (1.62%)
Oklahoma Housing Finance Agency
5.00%, 03/01/2052		495,000		510,578
Total Oklahoma				510,578
Oregon  (0.71%)
Port of Portland OR Airport Revenue
5.00%, 07/01/2036		200,000		224,013
Total Oregon				224,013
South Carolina  (0.52%)
South Carolina State Housing Finance & Development Authority
5.75%, 01/01/2054		150,000		162,488
Total South Carolina				162,488
South Dakota  (3.67%)
South Dakota Housing Development Authority
5.00%, 05/01/2053		965,000		995,552
6.00%, 05/01/2054		150,000		160,622
Total South Dakota				1,156,174
Tennessee  (3.92%)
New Memphis Arena Public Building Authority
0.00%, 04/01/2030(a)		240,000		221,311
Tennessee Housing Development Agency
5.00%, 01/01/2053		975,000		1,011,758
Total Tennessee				1,233,069

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Texas  (5.56%)
City of Austin TX Airport System Revenue
5.00%, 11/15/2036	$	200,000	$	221,075
City of Houston TX Airport System Revenue
5.00%, 07/01/2036		135,000		151,322
Texas Department of Housing & Community Affairs
3.50%, 07/01/2052		330,000		323,982
Texas Municipal Gas Acquisition and Supply Corp. I
3M US SOFR + 0.70%, 12/15/2026(c)		480,000		476,263
6.25%, 12/15/2026		35,000		36,348
Texas Municipal Gas Acquisition and Supply Corp. II
3M US SOFR + 1.06%, 09/15/2027(c)		415,000		412,485
3M US SOFR + 0.86%, 09/15/2027(c)		130,000		128,682
Total Texas				1,750,157
Virginia  (0.96%)
York County Economic Development Authority
3.65%, 05/01/2033		300,000		301,301
Total Virginia				301,301
Washington  (1.69%)
District of Columbia
5.00%, 07/15/2040		200,000		204,124
Port of Seattle WA
5.00%, 04/01/2027		250,000		251,707
Washington Health Care Facilities Authority
4.00%, 10/01/2042		75,000		75,370
Total Washington				531,201
Wisconsin  (1.51%)
County of Milwaukee WI Airport Revenue
5.00%, 12/01/2030		125,000		129,441
Public Finance Authority
3.70%, 10/01/2046		150,000		151,712
Wisconsin Health & Educational Facilities Authority
4.00%, 11/15/2043		200,000		194,013
Total Wisconsin				475,166
Total Revenue Bonds				25,453,445
TOTAL MUNICIPAL BONDS
(Cost $29,588,723)				30,194,128

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.17%)
Money Market Fund
State Street Institutional US Government Money Market Fund (Premier Class)	5.28	%		54,049	$	54,049
TOTAL SHORT TERM INVESTMENTS
(Cost $54,049)						54,049
TOTAL INVESTMENTS (101.68%)
(Cost $31,433,989)					$	32,041,605
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.68%)						(528,903	)
NET ASSETS - 100.00%					$	31,512,702

Investment Abbreviations:

SOFR - Secured Overnight Financing Rate

Reference Rates:

1D US SOFR - 1 Day SOFR as of February 29, 2024 was 5.32%

3M US SOFR - 3 Month SOFR as of February 29, 2024 was 5.33%

(a)	Zero coupon bond.
(b)	Represents a security purchased on a when-issued basis.
(c)	Floating or variable rate security. Interest rate resets periodically on specific dates. The rate shown represents the coupon or interest rate in effect as of February 29, 2024. Security description includes the reference rate and spread if published and available.

See Notes to Quarterly Schedule of Investments.

ALPS International Sector Dividend Dogs ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.48%)
Australia (7.75%)
BHP Group, Ltd.		162,228	$	4,632,344
Coles Group, Ltd.		494,155		5,428,298
Fortescue, Ltd.		300,713		5,068,372
Woodside Energy Group, Ltd.		259,824		5,127,372
Total Australia				20,256,386
Austria (2.04%)
OMV AG		121,218		5,337,449
Denmark (1.81%)
A P Moller-Maersk A/S		3,343		4,724,263
Finland (3.78%)
Fortum Oyj		347,265		4,334,995
Nokia Oyj		1,577,165		5,556,147
Total Finland				9,891,142
France (9.64%)
Cie Generale des Etablissements Michelin SCA		147,441		5,448,325
Credit Agricole SA		373,244		5,050,598
Engie SA		289,843		4,647,562
Orange SA		424,171		4,862,260
Sanofi SA		54,679		5,194,044
Total France				25,202,789
Germany (8.12%)
BASF SE		104,076		5,295,250
Bayer AG		147,371		4,474,138
Bayerische Motoren Werke AG		46,578		5,498,302
Mercedes-Benz Group AG		74,774		5,951,275
Total Germany				21,218,965
Great Britain (4.10%)
NatWest Group PLC		1,829,730		5,522,450
Unilever PLC		106,516		5,198,739
Total Great Britain				10,721,189
Hong Kong (4.35%)
CITIC, Ltd.		5,548,000		5,605,043

Security Description	Shares		Value
Hong Kong (continued)
Hong Kong & China Gas Co., Ltd.		7,438,896	$	5,757,674
Total Hong Kong				11,362,717
Italy (7.91%)
Enel SpA		716,609		4,556,451
Eni SpA		313,548		4,828,403
Intesa Sanpaolo SpA		1,743,625		5,536,694
Mediobanca Banca di Credito Finanziario SpA		422,897		5,756,763
Total Italy				20,678,311
Japan (8.34%)
Canon, Inc.(a)		198,163		5,785,482
Isuzu Motors, Ltd.		395,592		5,625,681
Japan Tobacco, Inc.		196,200		5,093,453
Takeda Pharmaceutical Co., Ltd.		180,800		5,290,619
Total Japan				21,795,235
Netherlands (9.19%)
BE Semiconductor Industries NV(a)		35,372		6,390,158
NN Group NV		132,290		5,899,319
NXP Semiconductors NV		23,548		5,880,642
Stellantis NV		223,769		5,837,042
Total Netherlands				24,007,161
Norway (5.32%)
Aker BP ASA		183,833		4,460,260
Norsk Hydro ASA		886,798		4,553,676
Telenor ASA		447,817		4,899,244
Total Norway				13,913,180
Poland (1.95%)
ORLEN SA		328,859		5,104,475
Singapore (1.97%)
Singapore Airlines, Ltd.(a)		1,071,480		5,152,150
Spain (3.81%)
ACS Actividades de Construccion y Servicios SA(a)		125,661		5,152,802
Telefonica SA		1,174,623		4,815,340
Total Spain				9,968,142
Sweden (1.86%)
Telefonaktiebolaget LM Ericsson, Class B		894,260		4,850,694

Security Description	Shares		Value
Switzerland (3.96%)
Kuehne + Nagel International AG		17,044	$	5,735,619
Roche Holding AG		17,587		4,612,771
Total Switzerland				10,348,390
United Kingdom (13.58%)
British American Tobacco PLC		174,034		5,151,600
GSK PLC		281,346		5,911,747
Imperial Brands PLC		221,702		4,770,147
National Grid Plc		380,477		4,982,894
Rio Tinto PLC		72,188		4,628,160
Vodafone Group PLC		5,820,739		5,078,635
WPP PLC		558,421		4,985,046
Total United Kingdom				35,508,229
TOTAL COMMON STOCKS
(Cost $254,660,063)				260,040,867

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.36%)
Money Market Fund (0.06%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $144,119)	5.28	%		144,119	$	144,119
Investments Purchased with Collateral from Securities Loaned (2.30%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $6,008,182)				6,008,182		6,008,182
TOTAL SHORT TERM INVESTMENTS
(Cost $6,152,301)						6,152,301
TOTAL INVESTMENTS (101.84%)
(Cost $260,812,364)					$	266,193,168
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.84%)						(4,803,403	)
NET ASSETS - 100.00%					$	261,389,765

^(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $13,227,181.

See Notes to Quarterly Schedule of Investments.

ALPS Medical Breakthroughs ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (100.04%)
Biotechnology (85.38%)
4D Molecular Therapeutics, Inc.(a)		31,262	$	875,961
89bio, Inc.(a)		56,638		649,638
ACADIA Pharmaceuticals, Inc.(a)		120,688		2,804,789
ACELYRIN, Inc.(a)(b)		69,709		589,041
Aerovate Therapeutics, Inc.(a)		20,240		467,139
Agios Pharmaceuticals, Inc.(a)		40,804		1,318,785
Akero Therapeutics, Inc.(a)		40,268		1,086,833
Alector, Inc.(a)		60,838		424,041
Alkermes PLC(a)(b)		126,211		3,747,205
Allogene Therapeutics, Inc.(a)(b)		128,094		628,942
Alpine Immune Sciences, Inc.(a)		42,691		1,503,577
AnaptysBio, Inc.(a)		19,458		496,763
Anavex Life Sciences Corp.(a)		60,143		309,135
Arcellx, Inc.(a)		35,050		2,306,991
Arcturus Therapeutics Holdings, Inc.(a)		19,486		755,277
Arcus Biosciences, Inc.(a)		56,707		1,084,805
ARS Pharmaceuticals, Inc.(a)		71,616		599,426
Aura Biosciences, Inc.(a)		36,576		331,744
Aurinia Pharmaceuticals, Inc.(a)		108,578		621,066
Avidity Biosciences, Inc.(a)		54,669		1,000,443
BioCryst Pharmaceuticals, Inc.(a)		149,053		839,168
Biomea Fusion, Inc.(a)(b)		32,845		574,788
Catalyst Pharmaceuticals, Inc.(a)		78,149		1,252,728
Celldex Therapeutics, Inc.(a)		40,699		1,955,994
Cerevel Therapeutics Holdings, Inc.(a)		105,293		4,317,013
Compass Pathways PLC, ADR(a)(b)		46,371		476,230
Crinetics Pharmaceuticals, Inc.(a)		49,691		2,034,350
Day One Biopharmaceuticals, Inc.(a)		64,439		1,078,064
Deciphera Pharmaceuticals, Inc.(a)		53,697		896,203
Denali Therapeutics, Inc.(a)		105,734		2,091,419
Disc Medicine, Inc.(a)		17,394		1,194,446
Enanta Pharmaceuticals, Inc.(a)		15,421		221,600
Galapagos NV, Sponsored ADR(a)		49,374		1,733,521
Geron Corp.(a)(b)		387,302		774,604
Ideaya Biosciences, Inc.(a)		45,790		2,046,813
Immunocore Holdings PLC, ADR(a)		36,082		2,425,432
Inhibrx, Inc.(a)		35,737		1,309,046
Inozyme Pharma, Inc.(a)		45,705		290,684
Intellia Therapeutics, Inc.(a)(b)		67,265		2,160,552

Security Description	Shares		Value
Biotechnology (continued)
Ironwood Pharmaceuticals, Inc.(a)		115,786	$	1,091,862
iTeos Therapeutics, Inc.(a)		27,444		293,925
Keros Therapeutics, Inc.(a)		21,126		1,426,006
Kiniksa Pharmaceuticals, Ltd., Class A(a)		25,569		540,529
Kura Oncology, Inc.(a)		54,515		1,149,176
MacroGenics, Inc.(a)		44,976		806,869
MannKind Corp.(a)		197,544		811,906
Merus NV(a)		43,252		2,096,857
MiMedx Group, Inc.(a)		86,477		705,652
Mineralys Therapeutics, Inc.(a)		28,995		445,943
Mirum Pharmaceuticals, Inc.(a)(b)		34,137		980,073
MoonLake Immunotherapeutics(a)		42,117		2,031,724
Morphic Holding, Inc.(a)		36,169		1,336,445
Olema Pharmaceuticals, Inc.(a)(b)		41,247		511,463
Protagonist Therapeutics, Inc.(a)		43,246		1,313,813
Prothena Corp. PLC(a)(b)		39,430		1,087,874
RAPT Therapeutics, Inc.(a)		24,459		209,614
Reneo Pharmaceuticals, Inc.(a)		24,270		40,046
Replimune Group, Inc.(a)		42,730		366,623
REVOLUTION Medicines, Inc.(a)(b)		120,185		3,543,055
Rhythm Pharmaceuticals, Inc.(a)		43,344		1,881,996
Savara, Inc.(a)		98,145		495,632
Soleno Therapeutics, Inc.(a)		21,044		1,016,846
SpringWorks Therapeutics, Inc.(a)(b)		44,517		2,192,907
Summit Therapeutics, Inc.(a)(b)		574,673		2,609,016
Syndax Pharmaceuticals, Inc.(a)		51,996		1,218,786
Travere Therapeutics, Inc.(a)		50,625		382,725
Vanda Pharmaceuticals, Inc.(a)		42,832		191,459
Vaxcyte, Inc.(a)(b)		70,617		5,212,947
Vera Therapeutics, Inc.(a)		32,604		1,534,996
Vericel Corp.(a)		35,150		1,605,652
Viking Therapeutics, Inc.(a)		71,593		5,516,241
Vir Biotechnology, Inc.(a)		99,354		1,116,739
Viridian Therapeutics, Inc.(a)		37,620		703,870
Xencor, Inc.(a)		43,406		996,168
Xenon Pharmaceuticals, Inc.(a)		54,779		2,585,569
Zai Lab, Ltd., ADR(a)(b)		72,204		1,514,840
Zentalis Pharmaceuticals, Inc.(a)		51,663		770,295
Total Biotechnology				101,610,395
Health Care Providers & Services (0.49%)
OPKO Health, Inc.(a)(b)		579,100		579,100
Pharmaceuticals (14.17%)
Amylyx Pharmaceuticals, Inc.(a)		53,676		1,011,793
Arvinas, Inc.(a)		38,191		1,756,022
Atea Pharmaceuticals, Inc.(a)		62,826		270,780
Axsome Therapeutics, Inc.(a)(b)		34,979		2,846,591
Corcept Therapeutics, Inc.(a)		78,072		1,834,692

Security Description	Shares		Value
Pharmaceuticals (continued)
Cymabay Therapeutics, Inc.(a)		81,438	$	2,621,488
Edgewise Therapeutics, Inc.(a)		46,708		762,742
Fulcrum Therapeutics, Inc.(a)		43,178		440,847
Liquidia Corp.(a)		48,527		687,142
Neumora Therapeutics, Inc.(a)		114,359		2,016,149
Pliant Therapeutics, Inc.(a)(b)		44,334		703,581
Tarsus Pharmaceuticals, Inc.(a)		23,605		902,183
Verona Pharma PLC, ADR(a)(b)		58,412		1,005,855
Total Pharmaceuticals				16,859,865
TOTAL COMMON STOCKS
(Cost $105,121,099)				119,049,360

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (3.72%)
Money Market Fund (0.07%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $86,327)	5.28	%		86,327	$	86,327
Investments Purchased with Collateral from Securities Loaned (3.65%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $4,352,837)				4,352,837		4,352,837
TOTAL SHORT TERM INVESTMENTS
(Cost $4,439,164)						4,439,164
TOTAL INVESTMENTS (103.76%)
(Cost $109,560,263)					$	123,488,524
LIABILITIES IN EXCESS OF OTHER ASSETS (-3.76%)						(4,478,832	)
NET ASSETS - 100.00%					$	119,009,692

(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 $13,945,934.

See Notes to Quarterly Schedule of Investments.

ALPS | O'Shares Europe Quality Dividend ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (98.95%)
Aerospace & Defense (1.49%)
BAE Systems PLC		35,022	$	549,070
Air Freight & Logistics (1.43%)
Deutsche Post AG		11,356		526,659
Automobile Components (0.79%)
Cie Generale des Etablissements Michelin SCA		7,917		292,554
Automobiles (4.04%)
Bayerische Motoren Werke AG		3,288		388,132
Stellantis NV(a)		42,300		1,103,401
Total Automobiles				1,491,533
Banks (2.30%)
HSBC Holdings PLC		110,400		849,556
Beverages (2.56%)
Carlsberg AS		621		86,534
Diageo PLC		16,624		621,564
Pernod Ricard SA		1,418		236,860
Total Beverages				944,958
Building Products (0.57%)
Geberit AG		362		210,073
Capital Markets (1.84%)
3i Group PLC		11,347		353,502
Partners Group Holding AG		227		325,734
Total Capital Markets				679,236
Construction & Engineering (1.94%)
Vinci SA		5,596		716,102
Consumer Staples Distribution & Retail (0.56%)
Koninklijke Ahold Delhaize NV		6,904		205,350
Diversified Telecommunication Services (2.95%)
Deutsche Telekom AG		39,137		929,950
Swisscom AG		276		157,732
Total Diversified Telecommunication Services				1,087,682
Electric Utilities (2.30%)
Iberdrola SA		74,117		850,723
Electrical Equipment (6.55%)
ABB, Ltd.		18,411		847,737
Legrand SA		3,026		305,792

Security Description	Shares		Value
Electrical Equipment (continued)
Schneider Electric SE		5,569	$	1,262,781
Total Electrical Equipment				2,416,310
Financial Services (2.23%)
Industrivarden AB, Class C		3,270		111,130
Investor AB		28,359		712,368
Total Financial Services				823,498
Food Products (3.80%)
Nestle SA		13,500		1,400,758
Household Products (0.91%)
Reckitt Benckiser Group PLC		5,295		334,062
Industrial Conglomerates (3.56%)
Siemens AG		6,639		1,312,674
Insurance (5.23%)
Allianz SE		4,018		1,102,383
Zurich Insurance Group AG		1,551		824,300
Total Insurance				1,926,683
Machinery (4.79%)
Atlas Copco AB		45,468		788,399
Kone Oyj, Class B		9,103		444,898
Volvo AB		19,296		530,685
Total Machinery				1,763,982
Marine Transportation (0.52%)
Kuehne + Nagel International AG		572		192,488
Multi-Utilities (1.58%)
National Grid PLC		44,345		580,762
Personal Care Products (4.82%)
L'Oreal SA		1,767		843,548
Unilever PLC		19,111		932,753
Total Personal Care Products				1,776,301
Pharmaceuticals (16.38%)
GSK PLC		33,348		700,721
Novartis AG		12,927		1,308,122
Novo Nordisk A/S, Class B		16,408		1,950,212
Roche Holding AG		4,510		1,182,897
Sanofi SA		9,412		894,061
Total Pharmaceuticals				6,036,013
Professional Services (5.36%)
Experian PLC		13,048		557,529
RELX PLC		22,557		985,480
Wolters Kluwer NV		2,781		438,382
Total Professional Services				1,981,391
Semiconductors & Semiconductor Equipment (5.94%)
ASML Holding NV		2,326		2,188,387

Security Description	Shares		Value
Software (4.04%)
SAP SE		7,963	$	1,487,878
Specialty Retail (1.59%)
Industria de Diseno Textil SA		13,200		585,072
Textiles, Apparel & Luxury Goods (7.13%)
Hermes International SCA		294		734,968
Kering SA		797		366,137
LVMH Moet Hennessy Louis Vuitton SE		1,677		1,527,577
Total Textiles, Apparel & Luxury Goods				2,628,682
Tobacco (1.17%)
British American Tobacco PLC		14,527		430,015
Wireless Telecommunication Services (0.58%)
Vodafone Group PLC		243,700		212,630
TOTAL COMMON STOCKS
(Cost $31,476,829)				36,481,082

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.26%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		94,605		94,605
TOTAL SHORT TERM INVESTMENTS
(Cost $94,605)						94,605
TOTAL INVESTMENTS (99.21%)
(Cost $31,571,434)					$	36,575,687
OTHER ASSETS IN EXCESS OF LIABILITIES (0.79%)						289,868
NET ASSETS - 100.00%					$	36,865,555

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

ALPS | O'Shares Global Internet Giants ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (100.02%)
Broadline Retail (12.32%)
Alibaba Group Holding, Ltd., Sponsored ADR		18,343	$	1,357,932
Allegro.eu SA(a)(b)(c)		165,207		1,334,076
Amazon.com, Inc.(a)		53,772		9,504,739
JD.com, Inc., ADR		18,126		410,010
MercadoLibre, Inc.(a)		1,367		2,180,775
PDD Holdings, Inc., ADR(a)		27,031		3,366,441
Total Broadline Retail				18,153,973
Diversified Consumer Services (1.29%)
Duolingo, Inc.(a)		7,988		1,909,132
Entertainment (6.14%)
Live Nation Entertainment, Inc.(a)		5,758		558,411
NetEase, Inc., ADR		8,839		953,905
Netflix, Inc.(a)		3,758		2,265,772
Nexon Co., Ltd.		43,100		697,443
ROBLOX Corp., Class A(a)		20,675		824,933
Roku, Inc.(a)		9,542		602,864
Spotify Technology SA(a)		6,021		1,543,845
Take-Two Interactive Software, Inc.(a)		10,962		1,610,646
Total Entertainment				9,057,819
Ground Transportation (2.49%)
Full Truck Alliance Co., Ltd., ADR(a)		196,857		1,299,256
Uber Technologies, Inc.(a)		29,910		2,377,845
Total Ground Transportation				3,677,101
Hotels, Restaurants & Leisure (6.72%)
Airbnb, Inc., Class A(a)		9,427		1,484,470
Amadeus IT Group SA		12,452		731,853
Booking Holdings, Inc.		393		1,363,250
Delivery Hero SE(a)(b)(c)		33,695		778,062
DoorDash, Inc., Class A(a)		13,714		1,708,353
Meituan, Class B(a)(b)(c)		133,717		1,362,873
Trip.com Group, Ltd., ADR(a)		55,941		2,487,696
Total Hotels, Restaurants & Leisure				9,916,557
Interactive Media & Services (13.51%)
Adevinta ASA(a)		98,587		1,052,580
Alphabet, Inc., Class A(a)		41,885		5,799,397
Baidu, Inc., Sponsored ADR(a)		6,030		611,020
Kuaishou Technology(a)(b)(c)		86,800		493,339
LY Corp.		177,600		489,134
Match Group, Inc.(a)		19,624		707,249
Meta Platforms, Inc., Class A		17,450		8,552,770
Pinterest, Inc., Class A(a)		28,203		1,035,050
Snap, Inc., Class A(a)		45,965		506,534

Security Description	Shares		Value
Interactive Media & Services (continued)
Tencent Holdings, Ltd.		18,917	$	669,748
Total Interactive Media & Services				19,916,821
IT Services (7.53%)
Cloudflare, Inc., Class A(a)		24,285		2,393,044
MongoDB, Inc.(a)		4,715		2,110,340
Obic Co., Ltd.		4,011		626,719
Okta, Inc.(a)		14,746		1,582,246
Shopify, Inc., Class A(a)		27,971		2,136,145
Snowflake, Inc., Class A(a)		12,004		2,260,113
Total IT Services				11,108,607
Media (1.53%)
Trade Desk, Inc., Class A(a)		26,414		2,256,548
Professional Services (3.02%)
Dayforce, Inc.(a)		16,779		1,170,503
Paychex, Inc.		3,544		434,565
Paycom Software, Inc.		7,675		1,399,843
Paylocity Holding Corp.(a)		8,569		1,444,820
Total Professional Services				4,449,731
Real Estate Management & Development (0.83%)
CoStar Group, Inc.(a)		14,012		1,219,464
Software (44.64%)
Adobe, Inc.(a)		3,683		2,063,511
AppLovin Corp., Class A(a)		25,024		1,494,433
Atlassian Corp., Class A(a)		9,975		2,069,015
BILL Holdings, Inc.(a)		21,714		1,375,148
Confluent, Inc., Class A(a)		70,511		2,388,207
Crowdstrike Holdings, Inc., Class A(a)		9,099		2,949,440
CyberArk Software, Ltd.(a)		7,631		2,012,753
Datadog, Inc., Class A(a)		15,018		1,974,266
DoubleVerify Holdings, Inc.(a)		46,301		1,430,238
Dynatrace, Inc.(a)		25,909		1,283,791
Fortinet, Inc.(a)		27,308		1,887,256
Gitlab, Inc., Class A(a)		28,063		2,023,904
HubSpot, Inc.(a)		3,296		2,039,598
Intuit, Inc.		3,074		2,037,724
Microsoft Corp.		21,281		8,802,672
Monday.com, Ltd.(a)		9,462		2,110,121
Nice, Ltd., ADR(a)		4,178		1,024,237
Open Text Corp.		27,746		1,066,989
Oracle Corp.		14,968		1,671,626
Palantir Technologies, Inc., Class A(a)		90,950		2,281,026
Palo Alto Networks, Inc.(a)		6,767		2,101,492
Salesforce, Inc.		6,544		2,020,918
SAP SE		4,882		912,196
SentinelOne, Inc., Class A(a)		70,458		1,984,802
ServiceNow, Inc.(a)		4,061		3,132,411
Smartsheet, Inc., Class A(a)		34,014		1,435,731
Splunk, Inc.(a)		4,471		698,460
Tyler Technologies, Inc.(a)		1,288		563,036
UiPath, Inc., Class A(a)		62,762		1,490,598
Unity Software, Inc.(a)		52,296		1,533,319

Security Description	Shares		Value
Software (continued)
Workday, Inc., Class A(a)		5,835	$	1,719,341
Xero, Ltd.(a)		23,581		1,951,365
Zscaler, Inc.(a)		9,549		2,310,571
Total Software				65,840,195
TOTAL COMMON STOCKS
(Cost $134,419,650)				147,505,948
TOTAL INVESTMENTS (100.02%)
(Cost $134,419,650)			$	147,505,948
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.02%)				(26,323	)
NET ASSETS - 100.00%			$	147,479,625

(a)	Non-income producing security.
(b)	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 $3,968,350, representing 2.69% of net assets.
(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 29, 2024, the market value of those securities was $3,968,350, representing 2.69% of net assets.

See Notes to Quarterly Schedule of Investments.

ALPS | O'Shares U.S. Quality Dividend ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.88%)
Aerospace & Defense (1.68%)
General Dynamics Corp.		12,649	$	3,456,339
Lockheed Martin Corp.		12,878		5,514,875
Northrop Grumman Corp.		7,472		3,444,741
Total Aerospace & Defense				12,415,955
Air Freight & Logistics (0.86%)
Expeditors International of Washington, Inc.		6,704		801,798
United Parcel Service, Inc., Class B		37,563		5,569,091
Total Air Freight & Logistics				6,370,889
Banks (4.18%)
JPMorgan Chase & Co.		166,207		30,924,474
Beverages (2.18%)
Brown-Forman Corp., Class B		10,589		637,775
Coca-Cola Co.		137,007		8,223,161
PepsiCo, Inc.		43,995		7,274,133
Total Beverages				16,135,069
Biotechnology (2.93%)
AbbVie, Inc.		70,414		12,396,384
Amgen, Inc.		21,182		5,800,267
Gilead Sciences, Inc.		48,317		3,483,656
Total Biotechnology				21,680,307
Building Products (0.63%)
Johnson Controls International PLC		28,885		1,712,014
Trane Technologies PLC		10,579		2,982,961
Total Building Products				4,694,975
Capital Markets (3.10%)
BlackRock, Inc.		8,151		6,613,232
Cboe Global Markets, Inc.		5,850		1,123,200
Moody's Corp.		10,383		3,939,518
MSCI, Inc.		4,166		2,337,001
S&P Global, Inc.		17,385		7,447,387
T Rowe Price Group, Inc.		12,752		1,445,439
Total Capital Markets				22,905,777
Commercial Services & Supplies (0.89%)
Cintas Corp.		3,979		2,501,239
Waste Management, Inc.		19,734		4,058,297
Total Commercial Services & Supplies				6,559,536
Communications Equipment (1.81%)
Cisco Systems, Inc.		220,854		10,682,708
Motorola Solutions, Inc.		8,129		2,685,740
Total Communications Equipment				13,368,448

Security Description	Shares		Value
Consumer Staples Distribution & Retail (2.80%)
Costco Wholesale Corp.		13,810	$	10,273,122
Dollar General Corp.		5,770		838,439
Target Corp.		12,770		1,952,788
Walmart, Inc.		130,179		7,629,791
Total Consumer Staples Distribution & Retail				20,694,140
Diversified Telecommunication Services (4.24%)
Verizon Communications, Inc.		783,226		31,344,704
Electric Utilities (1.43%)
NextEra Energy, Inc.		191,517		10,569,823
Electrical Equipment (0.69%)
Eaton Corp. PLC		17,631		5,095,359
Electronic Equipment, Instruments & Components (0.73%)
Amphenol Corp., Class A		29,324		3,203,354
TE Connectivity, Ltd.		15,113		2,169,622
Total Electronic Equipment, Instruments & Components				5,372,976
Financial Services (7.52%)
Mastercard, Inc., Class A		53,664		25,477,521
Visa, Inc., Class A		106,803		30,186,799
Total Financial Services				55,664,320
Food Products (0.77%)
Archer-Daniels-Midland Co.		15,672		832,340
General Mills, Inc.		16,926		1,086,311
Hershey Co.		4,475		840,942
Mondelez International, Inc., Class A		40,238		2,940,190
Total Food Products				5,699,783
Ground Transportation (1.87%)
CSX Corp.		94,093		3,569,888
Norfolk Southern Corp.		10,179		2,579,155
Union Pacific Corp.		30,364		7,703,044
Total Ground Transportation				13,852,087
Health Care Equipment & Supplies (2.20%)
Abbott Laboratories		67,445		8,001,675
Medtronic PLC		49,612		4,135,656
Stryker Corp.		11,947		4,170,339
Total Health Care Equipment & Supplies				16,307,670
Health Care Providers & Services (3.46%)
Cigna Group		9,730		3,270,642
Elevance Health, Inc.		8,072		4,046,090
UnitedHealth Group, Inc.		37,081		18,303,182
Total Health Care Providers & Services				25,619,914
Hotels, Restaurants & Leisure (3.19%)
McDonald's Corp.		49,177		14,373,453
Starbucks Corp.		71,825		6,816,193

Security Description	Shares		Value
Hotels, Restaurants & Leisure (continued)
Yum! Brands, Inc.		17,326	$	2,398,265
Total Hotels, Restaurants & Leisure				23,587,911
Household Durables (0.17%)
Garmin, Ltd.		9,292		1,276,256
Household Products (2.08%)
Colgate-Palmolive Co.		24,226		2,096,034
Kimberly-Clark Corp.		9,665		1,171,108
Procter & Gamble Co.		76,142		12,102,009
Total Household Products				15,369,151
Industrial Conglomerates (0.90%)
Honeywell International, Inc.		33,389		6,635,396
Insurance (2.10%)
Aon PLC, Class A		11,345		3,584,907
Chubb, Ltd.		22,729		5,720,207
Marsh & McLennan Cos., Inc.		30,773		6,224,455
Total Insurance				15,529,569
IT Services (2.15%)
Accenture PLC, Class A		35,817		13,423,495
Amdocs, Ltd.		5,495		501,144
Cognizant Technology Solutions Corp., Class A		25,101		1,983,481
Total IT Services				15,908,120
Life Sciences Tools & Services (1.00%)
Agilent Technologies, Inc.		9,656		1,326,348
Danaher Corp.		23,874		6,043,465
Total Life Sciences Tools & Services				7,369,813
Machinery (3.35%)
Caterpillar, Inc.		24,196		8,080,495
Cummins, Inc.		6,316		1,696,541
Deere & Co.		12,100		4,417,104
Graco, Inc.		7,410		676,237
IDEX Corp.		3,275		772,573
Illinois Tool Works, Inc.		15,105		3,959,776
Otis Worldwide Corp.		19,543		1,862,448
PACCAR, Inc.		23,795		2,638,628
Snap-on, Inc.		2,370		653,314
Total Machinery				24,757,116
Media (4.08%)
Comcast Corp., Class A		704,869		30,203,637
Multi-Utilities (0.38%)
Public Service Enterprise Group, Inc.		45,020		2,809,248
Pharmaceuticals (9.00%)
Bristol-Myers Squibb Co.		82,496		4,186,672
Eli Lilly & Co.		33,321		25,113,372
Johnson & Johnson		96,027		15,496,837
Merck & Co., Inc.		96,308		12,245,562
Pfizer, Inc.		229,587		6,097,831

Security Description	Shares		Value
Pharmaceuticals (continued)
Zoetis, Inc.		17,012	$	3,373,990
Total Pharmaceuticals				66,514,264
Professional Services (0.96%)
Automatic Data Processing, Inc.		20,585		5,169,511
Paychex, Inc.		15,723		1,927,954
Total Professional Services				7,097,465
Semiconductors & Semiconductor Equipment (6.67%)
Analog Devices, Inc.		24,414		4,683,093
Broadcom, Inc.		21,495		27,954,033
QUALCOMM, Inc.		53,161		8,388,274
Texas Instruments, Inc.		49,467		8,277,313
Total Semiconductors & Semiconductor Equipment				49,302,713
Software (6.85%)
Microsoft Corp.		100,925		41,746,618
Oracle Corp.		79,947		8,928,481
Total Software				50,675,099
Specialty Retail (5.95%)
Home Depot, Inc.		68,899		26,223,649
Lowe's Cos., Inc.		37,278		8,971,696
TJX Cos., Inc.		72,612		7,198,754
Tractor Supply Co.		6,339		1,612,134
Total Specialty Retail				44,006,233
Technology Hardware, Storage & Peripherals (4.58%)
Apple, Inc.		187,505		33,891,529
Textiles, Apparel & Luxury Goods (1.00%)
NIKE, Inc., Class B		71,211		7,400,959
Tobacco (0.88%)
Altria Group, Inc.		54,717		2,238,472
Philip Morris International, Inc.		47,731		4,293,881
Total Tobacco				6,532,353
Trading Companies & Distributors (0.62%)
Fastenal Co.		27,839		2,032,526
Watsco, Inc.		1,460		575,415
WW Grainger, Inc.		2,035		1,980,991
Total Trading Companies & Distributors				4,588,932
TOTAL COMMON STOCKS
(Cost $600,474,375)				738,731,970

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.01%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		71,074	$	71,074
TOTAL SHORT TERM INVESTMENTS
(Cost $71,074)						71,074
TOTAL INVESTMENTS (99.89%)
(Cost $600,545,449)					$	738,803,044
OTHER ASSETS IN EXCESS OF LIABILITIES (0.11%)						795,253
NET ASSETS - 100.00%					$	739,598,297

See Notes to Quarterly Schedule of Investments.

ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.82%)
Automobile Components (3.04%)
BorgWarner, Inc.		234,955	$	7,314,149
Gentex Corp.		241,727		8,830,287
Total Automobile Components				16,144,436
Building Products (7.07%)
A O Smith Corp.		111,351		9,230,998
AAON, Inc.		56,709		4,762,422
Owens Corning		65,245		9,772,395
Simpson Manufacturing Co., Inc.		36,998		7,720,743
UFP Industries, Inc.		52,247		5,989,074
Total Building Products				37,475,632
Capital Markets (11.01%)
Artisan Partners Asset Management, Inc., Class A		76,725		3,304,546
Cohen & Steers, Inc.		29,280		2,153,544
Diamond Hill Investment Group, Inc.		3,184		460,661
Evercore, Inc., Class A		40,635		7,601,996
Federated Hermes, Inc.		95,097		3,350,267
Hamilton Lane, Inc., Class A		38,224		4,390,026
Houlihan Lokey, Inc.		62,080		7,987,213
MarketAxess Holdings, Inc.		41,119		8,775,206
SEI Investments Co.		131,485		8,842,366
Tradeweb Markets, Inc.		109,191		11,554,592
Total Capital Markets				58,420,417
Commercial Services & Supplies (0.51%)
Brady Corp., Class A		39,367		2,294,309
Ennis, Inc.		21,454		435,945
Total Commercial Services & Supplies				2,730,254
Communications Equipment (2.28%)
Juniper Networks, Inc.		325,904		12,068,225
Consumer Finance (0.95%)
FirstCash Holdings, Inc.		43,775		5,012,238
Consumer Staples Distribution & Retail (1.64%)
Casey's General Stores, Inc.		26,283		8,002,911
Weis Markets, Inc.		10,935		710,119
Total Consumer Staples Distribution & Retail				8,713,030
Diversified Consumer Services (1.38%)
H&R Block, Inc.		149,191		7,302,899

Security Description	Shares		Value
Diversified Telecommunication Services (0.85%)
Cogent Communications Holdings, Inc.		55,652	$	4,502,803
Electric Utilities (1.28%)
ALLETE, Inc.		11,966		677,754
IDACORP, Inc.		10,597		933,702
MGE Energy, Inc.		7,446		470,513
OGE Energy Corp.		42,508		1,398,938
Otter Tail Corp.		8,532		771,805
Pinnacle West Capital Corp.		24,020		1,641,287
Portland General Electric Co.		21,118		848,310
Total Electric Utilities				6,742,309
Electronic Equipment, Instruments & Components (4.58%)
Avnet, Inc.		130,229		6,067,369
Badger Meter, Inc.		39,337		6,242,389
Littelfuse, Inc.		34,400		8,195,456
Vishay Intertechnology, Inc.		175,165		3,809,839
Total Electronic Equipment, Instruments & Components				24,315,053
Financial Services (4.63%)
Essent Group, Ltd.		120,869		6,474,952
MGIC Investment Corp.		330,351		6,570,681
Radian Group, Inc.		185,670		5,410,424
Western Union Co.		453,638		6,083,286
Total Financial Services				24,539,343
Food Products (2.74%)
Cal-Maine Foods, Inc.		29,250		1,681,583
Flowers Foods, Inc.		139,784		3,133,957
Ingredion, Inc.		45,840		5,392,158
J & J Snack Foods Corp.		10,310		1,495,775
Lancaster Colony Corp.		13,599		2,813,905
Total Food Products				14,517,378
Gas Utilities (0.70%)
Chesapeake Utilities Corp.		3,533		360,472
National Fuel Gas Co.		18,811		916,848
New Jersey Resources Corp.		20,416		849,510
Northwest Natural Holding Co.		7,264		266,879
ONE Gas, Inc.		11,472		683,731
Spire, Inc.		10,611		629,445
Total Gas Utilities				3,706,885
Ground Transportation (1.37%)
Landstar System, Inc.		32,153		6,115,501
Schneider National, Inc., Class B		48,113		1,133,061
Total Ground Transportation				7,248,562
Health Care Equipment & Supplies (1.90%)
Teleflex, Inc.		45,237		10,078,351
Health Care Providers & Services (6.75%)
Chemed Corp.		18,666		11,687,344
Encompass Health Corp.		133,596		9,939,542

Security Description	Shares		Value
Health Care Providers & Services (continued)
Patterson Cos., Inc.	248,338	$	6,727,476
Premier, Inc., Class A	357,133		7,449,794
Total Health Care Providers & Services			35,804,156
Hotels, Restaurants & Leisure (3.71%)
Choice Hotels International, Inc.	29,938		3,351,260
Texas Roadhouse, Inc.	67,763		10,121,759
Wyndham Hotels & Resorts, Inc.	80,878		6,191,211
Total Hotels, Restaurants & Leisure			19,664,230
Household Durables (0.98%)
La-Z-Boy, Inc.	40,921		1,554,589
MDC Holdings, Inc.	58,282		3,654,281
Total Household Durables			5,208,870
Household Products (0.68%)
Reynolds Consumer Products, Inc.	37,389		1,102,976
WD-40 Co.	9,316		2,500,321
Total Household Products			3,603,297
Independent Power and Renewable Electricity Producers (0.77%)
Vistra Corp.	75,287		4,106,153
Insurance (5.48%)
AMERISAFE, Inc.	21,610		1,140,144
Employers Holdings, Inc.	29,216		1,335,463
Old Republic International Corp.	319,519		9,253,270
Primerica, Inc.	41,830		10,259,226
RLI Corp.	48,387		7,086,276
Total Insurance			29,074,379
Leisure Products (2.50%)
Acushnet Holdings Corp.	28,805		1,855,618
Brunswick Corp.	65,836		5,754,067
Polaris, Inc.	53,172		4,929,576
Sturm Ruger & Co., Inc.	16,953		734,404
Total Leisure Products			13,273,665
Machinery (9.23%)
Donaldson Co., Inc.	109,493		7,841,889
ITT, Inc.	73,565		9,279,489
Lincoln Electric Holdings, Inc.	51,132		13,120,471
Mueller Industries, Inc.	98,606		5,066,376
Toro Co.	94,391		8,713,233
Watts Water Technologies, Inc., Class A	23,985		4,891,741
Total Machinery			48,913,199
Media (2.31%)
New York Times Co., Class A	198,062		8,770,186
TEGNA, Inc.	249,249		3,491,978
Total Media			12,262,164

Security Description	Shares		Value
Multi-Utilities (0.78%)
Avista Corp.	15,550	$	516,260
Black Hills Corp.	13,904		723,425
NiSource, Inc.	88,106		2,296,042
Northwestern Energy Group, Inc.	12,414		594,879
Total Multi-Utilities			4,130,606
Pharmaceuticals (1.58%)
Organon & Co.	479,716		8,351,856
Professional Services (2.33%)
Exponent, Inc.	44,808		3,624,519
Kforce, Inc.	16,131		1,123,363
Robert Half, Inc.	94,800		7,621,920
Total Professional Services			12,369,802
Semiconductors & Semiconductor Equipment (1.03%)
Power Integrations, Inc.	76,630		5,475,980
Software (1.99%)
Dolby Laboratories, Inc., Class A	84,344		6,831,864
InterDigital, Inc.	34,571		3,699,788
Total Software			10,531,652
Specialty Retail (6.21%)
Dick's Sporting Goods, Inc.	57,011		10,141,687
Murphy USA, Inc.	19,167		7,992,831
Williams-Sonoma, Inc.	63,071		14,855,112
Total Specialty Retail			32,989,630
Textiles, Apparel & Luxury Goods (4.96%)
Carter's, Inc.	36,478		2,952,894
Columbia Sportswear Co.	34,811		2,878,522
Ralph Lauren Corp.	38,474		7,153,086
Steven Madden, Ltd.	69,782		2,988,065
Tapestry, Inc.	216,897		10,309,114
Total Textiles, Apparel & Luxury Goods			26,281,681
Tobacco (0.15%)
Universal Corp.	16,091		772,529
Trading Companies & Distributors (1.98%)
Applied Industrial Technologies, Inc.	33,244		6,312,703
MSC Industrial Direct Co., Inc., Class A	41,600		4,199,104
Total Trading Companies & Distributors			10,511,807
Water Utilities (0.47%)
American States Water Co.	7,679		548,357
Essential Utilities, Inc.	56,160		1,953,245
Total Water Utilities			2,501,602
TOTAL COMMON STOCKS
(Cost $462,460,146)			529,345,073

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.05%)
Money Market Fund (0.05%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		249,493	$	249,493
TOTAL SHORT TERM INVESTMENTS
(Cost $249,493)						249,493
TOTAL INVESTMENTS (99.87%)
(Cost $462,709,639)					$	529,594,566
OTHER ASSETS IN EXCESS OF LIABILITIES (0.13%)						666,460
NET ASSETS - 100.00%					$	530,261,026

See Notes to Quarterly Schedule of Investments.

ALPS REIT Dividend Dogs ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.44%)
Data Center REITs (2.57%)
Equinix, Inc.		337	$	299,532
Diversified REITs (10.65%)
Armada Hoffler Properties, Inc.		22,605		230,119
Broadstone Net Lease, Inc.		16,516		246,254
CTO Realty Growth, Inc.		15,564		265,366
Gladstone Commercial Corp.		20,180		249,828
One Liberty Properties, Inc.		12,229		247,515
Total Diversified REITs				1,239,082
Health Care REITs (10.49%)
Global Medical REIT, Inc.		25,693		229,952
Healthcare Realty Trust, Inc.		17,042		234,839
Medical Properties Trust, Inc.(a)		57,694		242,892
Sabra Health Care REIT, Inc.		19,130		265,524
Universal Health Realty Income Trust		6,390		247,804
Total Health Care REITs				1,221,011
Hotel & Resort REITs (11.97%)
Apple Hospitality REIT, Inc.		16,053		258,293
Braemar Hotels & Resorts, Inc.		118,150		269,382
Host Hotels & Resorts, Inc.		15,225		315,766
Park Hotels & Resorts, Inc.		18,633		309,308
Service Properties Trust		35,232		239,578
Total Hotel & Resort REITs				1,392,327
Industrial REITs (11.89%)
Innovative Industrial Properties, Inc.		3,081		301,907
LXP Industrial Trust		29,445		254,994
Plymouth Industrial REIT, Inc.		11,771		253,900
STAG Industrial, Inc.		7,471		277,473
Terreno Realty Corp.		4,590		295,137
Total Industrial REITs				1,383,411
Multi-Family Residential REITs (8.35%)
Apartment Income REIT Corp.		8,258		250,382
BRT Apartments Corp.		14,281		221,070
Elme Communities		19,825		255,346
NexPoint Residential Trust, Inc.		8,375		244,634
Total Multi-Family Residential REITs				971,432
Office REITs (10.46%)
Brandywine Realty Trust		54,331		233,623
Easterly Government Properties, Inc.		21,385		252,343
Highwoods Properties, Inc.		12,560		307,092
Office Properties Income Trust		43,147		115,203

Security Description	Shares		Value
Office REITs (continued)
SL Green Realty Corp.	6,365	$	308,575
Total Office REITs			1,216,836
Retail REITs (9.89%)
CBL & Associates Properties, Inc.	11,546		266,251
Saul Centers, Inc.	6,918		250,362
Simon Property Group, Inc.	2,039		302,058
The Macerich Co.	20,200		331,482
Total Retail REITs			1,150,153
Self-Storage REITs (2.26%)
National Storage Affiliates Trust	7,346		263,060
Single-Family Residential REITs (2.42%)
UMH Properties, Inc.	18,317		282,082
Specialized REITs (9.51%)
EPR Properties	5,980		245,659
Gaming and Leisure Properties, Inc.	5,867		266,831
Outfront Media, Inc.	21,257		305,463
Uniti Group, Inc.(a)	49,278		288,769
Total Specialized REITs			1,106,722
Technology REITs (4.74%)
Crown Castle, Inc.	2,329		256,050
Digital Realty Trust, Inc.	2,011		295,235
Total Technology REITs			551,285
Telecom Tower REITs (4.24%)
American Tower Corp.	1,313		261,103
SBA Communications Corp.	1,110		232,246
Total Telecom Tower REITs			493,349
TOTAL COMMON STOCKS
(Cost $13,841,915)			11,570,282

7 Day Yield			Shares				Value
SHORT TERM INVESTMENTS (0.31%)
Money Market Fund (0.30%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $34,977)	5.28	%		34,977	$	34,977
Investments Purchased with Collateral from Securities Loaned (0.01%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $729)				729	$	729
TOTAL SHORT TERM INVESTMENTS
(Cost $35,706)						35,706
TOTAL INVESTMENTS (99.75%)
(Cost $13,877,621)					$	11,605,988
OTHER ASSETS IN EXCESS OF LIABILITIES (0.25%)						29,415
NET ASSETS - 100.00%					$	11,635,403

^(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $260,280.

See Notes to Quarterly Schedule of Investments.

ALPS Sector Dividend Dogs ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.50%)
Communication Services (9.88%)
AT&T, Inc.		1,275,360	$	21,591,845
Comcast Corp., Class A		512,586		21,964,310
Interpublic Group of Cos., Inc.		691,228		21,704,559
Omnicom Group, Inc.		263,347		23,277,241
Verizon Communications, Inc.		564,071		22,574,122
Total Communication Services				111,112,077
Consumer Discretionary (10.75%)
Best Buy Co., Inc.		291,345		23,563,984
Darden Restaurants, Inc.		136,053		23,225,608
Ford Motor Co.		1,990,812		24,765,701
Genuine Parts Co.		162,431		24,244,451
Home Depot, Inc.		66,076		25,149,186
Total Consumer Discretionary				120,948,930
Consumer Staples (9.24%)
Altria Group, Inc.		522,525		21,376,498
Conagra Brands, Inc.		730,964		20,525,469
Kraft Heinz Co.		595,620		21,013,474
Philip Morris International, Inc.		236,069		21,236,767
Walgreens Boots Alliance, Inc.		929,285		19,756,599
Total Consumer Staples				103,908,807
Energy (9.98%)
Chevron Corp.		149,578		22,737,352
Exxon Mobil Corp.		216,830		22,663,072
Kinder Morgan, Inc.		1,219,183		21,201,592
ONEOK, Inc.		316,187		23,751,967
Williams Cos., Inc.		607,540		21,834,988
Total Energy				112,188,971
Financials (10.20%)
Citizens Financial Group, Inc.		728,825		22,877,817
Huntington Bancshares, Inc.		1,799,717		23,468,310
Prudential Financial, Inc.		213,898		23,312,743
Regions Financial Corp.		1,237,109		23,047,341
Truist Financial Corp.		627,982		21,966,810
Total Financials				114,673,021
Health Care (10.13%)
AbbVie, Inc.		144,370		25,416,339
Bristol-Myers Squibb Co.		428,891		21,766,218
Gilead Sciences, Inc.		273,270		19,702,767

Security Description	Shares		Value
Health Care (continued)
Pfizer, Inc.		749,847	$	19,915,936
Viatris, Inc.		2,194,544		27,146,509
Total Health Care				113,947,769
Industrials (9.73%)
3M Co.		208,802		19,234,840
Cummins, Inc.		93,627		25,149,148
RTX Corp.		265,492		23,806,668
Stanley Black & Decker, Inc.		232,430		20,753,675
United Parcel Service, Inc., Class B		138,220		20,492,497
Total Industrials				109,436,828
Information Technology (10.42%)
Corning, Inc.		740,847		23,884,907
HP, Inc.		732,521		20,752,320
International Business Machines Corp.		133,141		24,635,079
Seagate Technology Holdings PLC		268,069		24,943,821
Texas Instruments, Inc.		137,516		23,010,552
Total Information Technology				117,226,679
Materials (9.71%)
Amcor PLC		2,236,344		20,261,277
International Flavors & Fragrances, Inc.		280,862		21,205,081
International Paper Co.		586,281		20,730,896
LyondellBasell Industries NV, Class A		232,865		23,351,702
The Dow Chemical Co.		423,667		23,674,512
Total Materials				109,223,468
Utilities (9.46%)
Dominion Resources, Inc.		453,862		21,708,220
Duke Energy Corp.		228,615		20,993,715
Edison International		319,964		21,763,951
Evergy, Inc.		417,478		20,681,860
Eversource Energy		361,741		21,234,197
Total Utilities				106,381,943
TOTAL COMMON STOCKS
(Cost $1,095,950,347)				1,119,048,493

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.03%)
Money Market Fund (0.03%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		345,648	$	345,648
TOTAL SHORT TERM INVESTMENTS
(Cost $345,648)							345,648
TOTAL INVESTMENTS (99.53%)
(Cost $1,096,295,995)						$	1,119,394,141
OTHER ASSETS IN EXCESS OF LIABILITIES (0.47%)							5,305,714
NET ASSETS - 100.00%						$	1,124,699,855

See Notes to Quarterly Schedule of Investments.

ALPS | Smith Core Plus Bond ETF

Schedule of Investments

As of February 29, 2024 (Unaudited)

Security Description	Principal Amount		Value
BANK LOANS (1.16%)
Aerospace & Defense (0.46%)
TransDigm, Inc.
3M SOFR + 3.25%, 02/28/2031(a)	$	2,761,000	$	2,774,018
Consumer Finance (0.22%)
GTCR W Merger Sub LLC
1D US SOFR + 3.00%, 01/31/2031(a)		1,335,000		1,341,675
Industrials (0.26%)
Chart Industries, Inc. TL 1L
8.672%, 03/15/2030(a)		1,200,000		1,201,128
GFL Enviro Inc TL 1L
5.125%, 05/31/2027		325,000		325,205
Total Industrials				1,526,333
Pipeline (0.22%)
Buckeye Partners LP
1M SOFR + 2.50%, 11/22/2030(a)		1,325,000		1,327,484
TOTAL BANK LOANS
(Cost $6,971,040)				6,969,510
COLLATERALIZED MORTGAGE OBLIGATIONS (2.85%)
Fannie Mae
Series 2003-18, Class  A1,
6.500%, 12/25/2042		41,998		42,112
Series 2003-30, Class  JQ,
5.500%, 04/25/2033		2,654		2,633
Series 2003-47, Class  PE,
5.750%, 06/25/2033		41,256		41,912
Series 2005-122, Class  PY,
6.000%, 01/25/2036		31,339		31,937
Series 2005-3, Class  CH,
5.250%, 02/25/2035		4,833		4,802
Series 2005-48, Class  TD,
5.500%, 06/25/2035		22,237		22,557
Series 2006-125, Class  KY,
5.500%, 01/25/2037		210,653		212,110
Series 2010-141, Class  AL,
4.000%, 12/25/2040		18,629		17,245

	Principal Amount		Value
Series 2010-41, Class  NB,
5.000%, 05/25/2040	$	81,421	$	80,362
Series 2011-148, Class  P,
4.000%, 09/25/2041		194,834		188,881
Series 2012-103, Class  PY,
3.000%, 09/25/2042		8,000		6,467
Series 2012-108, Class  PL,
3.000%, 10/25/2042		25,000		21,758
Series 2012-111, Class  B,
7.000%, 10/25/2042		4,628		4,846
Series 2012-112, Class  DA,
3.000%, 10/25/2042		207,183		184,680
Series 2012-120, Class  QC,
2.500%, 11/25/2042		151,000		106,413
Series 2012-128, Class  NP,
2.500%, 11/25/2042		78,176		50,890
Series 2012-136, Class  PL,
3.500%, 12/25/2042		418,000		377,747
Series 2012-137,
4.000%, 12/25/2042		156,714		144,361
Series 2012-139, Class  GB,
2.500%, 12/25/2042		50,000		33,004
Series 2012-152, Class  PB,
3.500%, 01/25/2043		22,000		20,767
Series 2012-16, Class  K,
4.000%, 10/25/2041		107,096		103,666
Series 2012-17, Class  JA,
3.500%, 12/25/2041		33,100		29,784
Series 2012-19, Class  CB,
3.500%, 03/25/2042		265,000		234,744
Series 2012-28, Class  PT,
4.000%, 03/25/2042		350,946		330,421
Series 2012-29, Class  NM,
3.500%, 04/25/2042		50,000		40,560
Series 2012-47, Class  HF,
30D US SOFR + 0.515%, 05/25/2027(a)		13,969		13,975
Series 2012-51, Class  HJ,
3.500%, 05/25/2042		48,471		40,461
Series 2012-56, Class  WB,
3.500%, 05/25/2042		9,150		8,370
Series 2012-83, Class  AC,
3.000%, 08/25/2042		20,000		16,575

	Principal  Amount		Value
Series 2012-90, Class  PB,
2.500%, 01/25/2042	$	76,784	$	71,766
Series 2013-18, Class  NG,
2.000%, 12/25/2042		51,835		44,283
Series 2013-41, Class  JL,
1.500%, 04/25/2038		211,814		187,274
Series 2013-44, Class  Z,
3.000%, 05/25/2043		692,372		494,120
Series 2013-86, Class  Z,
3.000%, 08/25/2043		170,411		111,555
Series 2013-9, Class  BC,
6.500%, 07/25/2042		172,356		180,493
Series 2014-14, Class  PA,
3.500%, 02/25/2044		112,095		107,490
Series 2014-6, Class  Z,
2.500%, 02/25/2044		257,273		215,976
Series 2015-47, Class  AY,
3.000%, 07/25/2045		89,113		78,018
Series 2015-58, Class  ZL,
3.000%, 08/25/2045		258,655		207,039
Series 2016-28, Class  TA,
3.250%, 07/25/2043		494,202		379,956
Series 2016-37, Class  BK,
3.000%, 06/25/2046		72,749		67,635
Series 2016-6, Class  PA,
3.000%, 11/25/2044		138,818		129,872
Series 2017-10, Class  FA,
30D US SOFR + 0.515%, 03/25/2047(a)		30,818		30,275
Series 2017-25, Class  QH,
3.000%, 04/25/2047		311,727		266,412
Series 2017-38, Class  JA,
3.000%, 03/25/2047		64,149		55,775
Series 2017-38, Class  JG,
2.500%, 03/25/2047		359,715		305,457
Series 2017-98, Class  JC,
2.500%, 11/25/2047		161,385		136,426
Series 2018-15, Class  KG,
2.500%, 01/25/2048		105,329		86,813
Series 2020-10, Class  DA,
3.500%, 03/25/2060		102,644		87,943
Series 2021-66, Class  HU,
1.500%, 10/25/2051		99,999		47,147
Series 2021-72, Class  NA,
1.500%, 10/25/2051		98,025		53,348

	Principal Amount		Value
Series 2021-87, Class  QB,
2.000%, 12/25/2051	$	46,791	$	38,993
Series 2021-94, Class  PU,
2.000%, 01/25/2052		49,148		30,080
				5,828,186
Freddie Mac
Series 2002-2412, Class  OF,
30D US SOFR + 1.065%, 12/15/2031(a)		45,114		45,622
Series 2002-2455, Class  GK,
6.500%, 05/15/2032		13,106		13,552
Series 2003-2725, Class  TA,
4.500%, 12/15/2033		38,780		37,081
Series 2004-2768, Class  PW,
4.250%, 03/15/2034		9,993		9,579
Series 2005-2944, Class  OH,
5.500%, 03/15/2035		54,969		55,578
Series 2005-2978, Class  CN,
5.500%, 05/15/2035		174,475		177,063
Series 2008-3485, Class  MA,
5.500%, 07/15/2036		41,520		42,058
Series 2009-3533, Class  CB,
4.500%, 05/15/2029		68,290		67,131
Series 2010-3638, Class  DB,
5.000%, 02/15/2040		75,000		71,462
Series 2010-3645, Class  WD,
4.500%, 02/15/2040		15,000		14,213
Series 2010-3662, Class  QB,
5.000%, 03/15/2038		128,744		126,344
Series 2010-3674,
5.750%, 05/15/2036		363,142		342,205
Series 2010-3681, Class  MT,
4.690%, 02/15/2038(a)		106,615		91,437
Series 2010-3772, Class  NE,
4.500%, 12/15/2040		172,000		156,160
Series 2011-3924, Class  LC,
4.000%, 09/15/2041		130,012		120,392
Series 2011-3954, Class  PG,
2.500%, 07/15/2041		53,288		49,268

	Principal Amount		Value
Series 2012-3990, Class  GY,
3.500%, 01/15/2042	$	97,000	$	76,737
Series 2012-3992, Class  HZ,
4.000%, 01/15/2042		616,433		580,943
Series 2012-4003, Class  BG,
2.000%, 10/15/2026		14,735		14,609
Series 2012-4068, Class  PE,
3.000%, 06/15/2042		10,000		8,782
Series 2012-4075, Class  PB,
3.000%, 07/15/2042		25,175		22,167
Series 2012-4093, Class  PA,
3.000%, 08/15/2042		72,214		63,366
Series 2012-4096, Class  BY,
2.000%, 08/15/2042		25,000		18,653
Series 2012-4116, Class  UC,
2.500%, 10/15/2042		40,000		28,009
Series 2012-4117, Class  EB,
3.500%, 10/15/2042		83,000		59,306
Series 2012-4147, Class  LW,
2.000%, 12/15/2032		190,733		169,130
Series 2013-4160, Class  HB,
2.500%, 12/15/2032		8,809		7,847
Series 2013-4161, Class  LT,
2.500%, 08/15/2042		9,832		8,615
Series 2013-4161, Class  BA,
2.500%, 12/15/2041		83,807		79,647
Series 2013-4171, Class  MN,
3.000%, 02/15/2043		46,000		33,749
Series 2013-4193, Class  PK,
3.000%, 04/15/2043		97,467		90,837
Series 2013-4224, Class  KC,
3.000%, 05/15/2032		111,733		108,768
Series 2013-4224, Class  PA,
3.000%, 12/15/2042		94,584		89,689
Series 2013-4247, Class  AK,
4.500%, 12/15/2042		97,061		95,779
Series 2015-4472, Class  MA,
3.000%, 05/15/2045		126,705		115,989

	Principal Amount		Value
Series 2016-4616, Class  HP,
3.000%, 09/15/2046	$	84,902	$	75,034
Series 2018-4760, Class  P,
3.000%, 02/15/2044		131,599		127,267
Series 2018-4792, Class  BD,
3.500%, 02/15/2048		116,351		103,772
Series 2018-4819, Class  CB,
4.000%, 08/15/2048		933,774		869,511
Series 2018-4824, Class  KQ,
4.000%, 06/15/2046		256,372		250,019
Series 2019-4926, Class  BP,
3.000%, 10/25/2049		305,849		259,146
Series 2019-4932, Class  CB,
3.500%, 03/25/2049		365,788		341,611
Series 2020-5058, Class  LW,
1.250%, 01/25/2051		48,315		22,147
Series 2021-5083, Class  MA,
2.000%, 03/25/2051		12,848		7,559
Series 2021-5116, Class  HJ,
2.000%, 06/25/2051		31,738		16,233
Series 2022-5206, Class  ZY,
3.500%, 03/25/2052		144,218		106,891
Series 2022-5224, Class  HL,
4.000%, 04/25/2052		100,000		88,299
				5,359,256
Freddie Mac Strips
Series 2016-349, Class  300,
3.000%, 05/15/2046		116,521		106,419
Freddie Mac Structured Pass-Through Certificates
Series 2002-41, Class  3A,
4.355%, 07/25/2032(a)		14,732		13,603
Ginnie Mae
Series 2003-52, Class  AP,
0.000%, 06/16/2033(b)		16,463		15,100
Series 2004-1, Class  TE,
5.000%, 06/20/2033		52,659		52,280
Series 2005-20, Class  GZ,
5.000%, 02/16/2035		220,464		220,503

	Principal  Amount		Value
Series 2005-73, Class  PH,
5.000%, 09/20/2035	$	139,992	$	138,935
Series 2006-20, Class  QB,
6.000%, 04/20/2036		236,212		238,147
Series 2006-38, Class  ZK,
6.500%, 08/20/2036		168,547		165,857
Series 2008-50, Class  KB,
6.000%, 06/20/2038		58,604		59,861
Series 2008-60, Class  JP,
5.500%, 07/20/2038		9,904		9,925
Series 2008-7, Class  PQ,
5.000%, 02/20/2038		5,844		5,800
Series 2010-29, Class  AD,
3.500%, 10/20/2039		102,712		97,648
Series 2011-150, Class  DW,
3.000%, 07/16/2041		136,884		116,998
Series 2012-108, Class  PB,
2.750%, 09/16/2042		38,000		29,419
Series 2012-108, Class  CB,
2.500%, 09/20/2042		17,000		13,201
Series 2012-116, Class  BY,
3.000%, 09/16/2042		10,000		7,777
Series 2012-124, Class  LD,
2.000%, 10/20/2042		141,053		105,119
Series 2012-61, Class  MY,
3.000%, 05/16/2042		25,000		20,326
Series 2012-77, Class  MU,
2.500%, 06/20/2042		156,704		130,174
Series 2012-H14, Class  FK,
1M CME TERM SOFR + 0.695%, 07/20/2062(a)		38,559		38,431
Series 2012-H20, Class  PT,
6.074%, 07/20/2062(a)		562,603		560,823
Series 2013-117, Class  ED,
4.000%, 08/20/2043		41,000		36,967
Series 2013-149, Class  BP,
3.500%, 10/20/2043		13,000		10,781
Series 2013-22, Class  GB,
2.500%, 08/20/2042		68,504		60,182
Series 2013-44, Class  CE,
2.500%, 03/16/2043		189,592		151,885

	Principal Amount		Value
Series 2013-58, Class  C,
2.500%, 04/20/2043	$	161,384	$	131,079
Series 2013-9, Class  KY,
3.000%, 01/20/2043		25,000		21,144
Series 2014-129, Class  KJ,
3.000%, 07/16/2039		100,000		80,094
Series 2014-21, Class  PB,
4.000%, 02/16/2044		22,000		19,121
Series 2014-32, Class  DA,
3.500%, 02/20/2044		91,523		76,117
Series 2014-H25, Class  FB,
1M CME TERM SOFR + 0.59448%, 12/20/2064(a)		166,118		165,485
Series 2016-163, Class  B,
3.000%, 10/20/2046		40,000		29,600
Series 2017-107, Class  T,
3.000%, 01/20/2047		312,058		304,043
Series 2017-11, Class  PZ,
4.000%, 01/20/2047		264,506		202,539
Series 2018-115, Class  CA,
3.500%, 08/20/2048		122,201		108,529
Series 2018-H07, Class  FE,
1M CME TERM SOFR + 0.465%, 02/20/2068(a)		12,381		12,332
Series 2019-108, Class  NJ,
3.500%, 08/20/2049		132,564		117,047
Series 2019-145, Class  PA,
3.500%, 08/20/2049		248,927		231,701
Series 2019-158, Class  LA,
3.500%, 04/20/2049		321,063		304,906
Series 2019-20, Class  AB,
3.250%, 02/20/2049		241,308		222,074
Series 2019-85, Class  KG,
3.000%, 06/20/2043		161,534		152,574
Series 2020-149, Class  WB,
1.000%, 10/20/2050		54,095		22,491
Series 2020-15, Class  JH,
2.500%, 02/20/2050		81,553		67,358
Series 2020-67,
2.000%, 05/20/2050		126,605		82,760
Series 2020-98, Class  CE,
3.000%, 07/20/2050		12,516		10,779

	Principal Amount		Value
Series 2021-97, Class  JT,
2.000%, 06/20/2051	$	108,853	$	56,655
Series 2022-24, Class  BC,
4.000%, 02/20/2052		200,092		185,864
Series 2022-36, Class  UP,
2.000%, 11/20/2051		100,000		66,260
Series 2023-113, Class  JD,
6.000%, 08/20/2053		175,000		177,872
Series 2023-19, Class  WB,
5.687%, 11/20/2051(a)		126,266		127,982
Series 2023-19, Class  GZ,
5.000%, 02/20/2053		544,815		476,494
				5,739,039
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost $16,901,690)				17,046,503
COMMERCIAL MORTGAGE-BACKED SECURITIES (0.07%)
Freddie Mac Multifamily Structured Pass Through Certificates
Series 2017-KW03, Class  X1,
0.809%, 06/25/2027(a)(c)		21,477,112		407,393
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES
(Cost $436,926)				407,393
MORTGAGE-BACKED SECURITIES (3.89%)
Fannie Mae Pool
Series 2006-,
5.500%, 01/01/2037		239,857		240,522
Series 2007-943003,
5.500%, 08/01/2047		31,526		31,148
Series 2009-,
5.000%, 12/01/2039		376,399		369,479
5.500%, 02/01/2037		366,974		367,015
Series 2015-,
3.500%, 06/01/2030		209,759		201,320
Series 2015-AM8674,
2.810%, 04/01/2025		20,000		19,434
Series 2016-,
4.500%, 01/01/2039		240,228		234,721
Series 2017-,
2.500%, 01/01/2047		176,005		145,741
3.000%, 10/01/2027		1,377,862		1,300,426
Series 2018-,
3.000%, 01/01/2048		289,347		255,786

	Principal Amount		Value
3.485%, 04/01/2028	$	750,000	$	713,387
3.545%, 04/01/2028		494,197		471,855
4.000%, 11/01/2040		501,094		479,183
4.500%, 07/01/2040		118,382		113,305
4.500%, 02/01/2041		563,097		544,505
5.500%, 12/01/2048		108,734		109,274
Series 2019-,
3.340%, 05/01/2031		62,086		57,145
4.000%, 08/01/2048		146,511		137,921
Series 2022-,
3.890%, 07/01/2032		200,000		186,068
Series 2023-,
4.490%, 06/01/2028		40,000		39,550
5.130%, 10/01/2028		40,000		40,510
5.555%, 01/01/2030		1,000,000		1,018,149
Series 2024-,
6.470%, 01/01/2034		1,170,000		1,245,265
7.000%, 02/01/2054		5,192,389		5,380,996
7.500%, 12/01/2053		2,198,745		2,275,944
				15,978,649
Freddie Mac Gold Pool
Series 2004-,
5.500%, 07/01/2034		77,546		77,056
Series 2005-,
5.500%, 11/01/2035		118,160		120,124
				197,180
Freddie Mac Pool
Series 2018-,
4.500%, 01/01/2036		18,291		17,478
5.500%, 07/01/2033		124,890		124,037
Series 2019-,
3.000%, 10/01/2049		241,700		203,549
Series 2020-,
2.000%, 06/01/2050		683,540		524,476
Series 2022-,
3.000%, 12/01/2051		345,711		291,212
				1,160,752
Ginnie Mae II Pool
Series 2018-,
4.500%, 02/20/2048		742,524		713,478
Series 2021-,
2.500%, 09/20/2036		527,303		466,310
2.500%, 02/20/2051		2,930,542		2,423,932
Series 2022-,
4.000%, 12/20/2051		381,346		348,641
5.500%, 07/20/2035		213,237		218,733
6.000%, 12/20/2037		128,601		132,947
7.000%, 11/20/2052		369,781		381,319
Series 2023-,
6.500%, 11/20/2053		998,271		1,008,013

Security Description	Principal  Amount		Value
7.500%, 10/20/2063	$	226,712	$	233,111
				5,926,484
TOTAL MORTGAGE-BACKED SECURITIES
(Cost $23,197,395)				23,263,065
CORPORATE BONDS (33.85%)
Aerospace & Defense (1.76%)
Boeing Co.
2.20%, 02/04/2026		2,050,000		1,924,419
3.95%, 08/01/2059		2,000,000		1,405,413
5.93%, 05/01/2060		1,650,000		1,582,374
Howmet Aerospace, Inc.
3.00%, 01/15/2029		1,512,000		1,352,862
L3Harris Technologies, Inc.
5.40%, 07/31/2033		1,550,000		1,551,059
RTX Corp.
6.10%, 03/15/2034		2,625,000		2,771,846
Total Aerospace & Defense				10,587,973
Airlines (0.44%)
Alaska Airlines 2020-1 Class A Pass Through Trust
4.80%, 08/15/2027(d)		751,038		730,331
British Airways 2020-1 Class A Pass Through Trust
4.25%, 11/15/2032(d)		392,775		365,826
Southwest Airlines Co.
5.25%, 05/04/2025		1,250,000		1,246,662
United Airlines 2020-1 Class A Pass Through Trust
Series 20-1
5.88%, 10/15/2027		299,485		302,586
Total Airlines				2,645,405
Automobiles Manufacturing (2.43%)
Ford Motor Credit Co. LLC
3.38%, 11/13/2025		1,000,000		959,584
6.80%, 05/12/2028		1,950,000		2,012,662
7.12%, 11/07/2033		2,935,000		3,128,407
7.35%, 03/06/2030		2,000,000		2,120,134
General Motors Financial Co., Inc.
5.80%, 01/07/2029		1,750,000		1,772,176
6.10%, 01/07/2034		1,972,000		1,992,606
SOFRINDX + 1.30%, 04/07/2025(a)(e)		710,000		715,132
Nissan Motor Acceptance Co. LLC
7.05%, 09/15/2028(d)		1,250,000		1,302,088
Volkswagen Group of America Finance LLC
3.95%, 06/06/2025(d)		500,000		489,702
Total Automobiles Manufacturing				14,492,491

Security Description	Principal  Amount		Value
Banks (2.55%)
Citizens Bank NA
1D US SOFR + 1.45%, 10/24/2025(a)	$	3,074,000	$	3,056,653
Cooperatieve Rabobank UA
3.75%, 07/21/2026		750,000		718,861
Danske Bank A/S
1Y US TI + 0.95%, 03/01/2028(a)(d)		588,000		588,793
1Y US TI + 1.35%, 09/11/2026(a)(d)		1,000,000		937,685
1Y US TI + 1.40%, 03/01/2030(a)(d)		1,020,000		1,022,120
Fifth Third Bancorp
1D US SOFR + 1.84%, 01/29/2032(a)		284,000		281,857
Intesa Sanpaolo SpA
1Y US TI + 2.75%, 06/01/2042(a)(d)		1,000,000		721,816
1Y US TI + 3.90%, 06/20/2054(a)(d)		900,000		909,386
Truist Bank
3.30%, 05/15/2026		200,000		190,781
Truist Financial Corp.
1D US SOFR + 2.361%, 06/08/2034(a)		1,250,000		1,249,757
US Bancorp
1D US SOFR + 1.60%, 02/01/2034(a)		2,000,000		1,882,935
Wells Fargo & Co.
1D US SOFR + 0.51%, 05/19/2025(a)		1,288,000		1,272,663
1D US SOFR + 2.02%, 04/24/2034(a)		2,500,000		2,459,939
Total Banks				15,293,246
Biotechnology (0.77%)
Amgen, Inc.
5.25%, 03/02/2033		1,750,000		1,744,989
5.51%, 03/02/2026		350,000		349,532
5.75%, 03/02/2063		2,550,000		2,515,158
Total Biotechnology				4,609,679
Cable & Satellite (0.36%)
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50%, 05/01/2032		500,000		390,051
4.50%, 06/01/2033(d)		750,000		578,246
Sirius XM Radio, Inc.
5.00%, 08/01/2027(d)		1,200,000		1,144,483
Total Cable & Satellite				2,112,780
Casinos & Gaming (0.71%)
MGM Resorts International
6.75%, 05/01/2025		2,690,000		2,695,343

Security Description	Principal  Amount		Value
Casinos & Gaming (continued)
Penn Entertainment, Inc.
5.63%, 01/15/2027(d)	$	1,600,000	$	1,531,000
Total Casinos & Gaming				4,226,343
Chemicals (0.52%)
Avient Corp.
5.75%, 05/15/2025(d)		750,000		746,329
Celanese US Holdings LLC
6.38%, 07/15/2032		1,100,000	$	1,129,885
Dow Chemical Co.
5.15%, 02/15/2034		1,230,000		1,211,290
Total Chemicals				3,087,504
Commercial Finance (0.41%)
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
6.50%, 07/15/2025		2,441,000		2,464,185
Consumer Finance (1.59%)
Ally Financial, Inc.
8.00%, 11/01/2031		750,000		824,324
Capital One Financial Corp.
1D US SOFR + 2.60%, 02/01/2034(a)		1,450,000		1,433,955
Discover Financial Services
SOFRINDX + 3.37%, 11/02/2034(a)(e)		4,250,000		4,761,832
Fiserv, Inc.
5.60%, 03/02/2033		750,000		756,741
GTCR W-2 Merger Sub LLC
7.50%, 01/15/2031(d)		1,000,000		1,043,990
Synchrony Financial
3.70%, 08/04/2026		500,000		471,969
4.25%, 08/15/2024		250,000		247,726
Total Consumer Finance				9,540,537
Consumer Products (0.32%)
Church & Dwight Co., Inc.
5.60%, 11/15/2032		700,000		727,606
Estee Lauder Cos., Inc.
5.00%, 02/14/2034		1,230,000		1,208,280
Total Consumer Products				1,935,886
Diversified Banks (1.53%)
Bank of America Corp.
1D US SOFR + 1.65%, 01/23/2035(a)		712,000		710,127
1D US SOFR + 1.84%, 09/15/2034(a)		1,000,000		1,026,708
1D US SOFR + 1.91%, 04/25/2034(a)		2,000,000		1,971,497
5Y US TI + 1.20%, 09/21/2036(a)		2,000,000		1,575,180

Security Description	Principal  Amount		Value
Diversified Banks (continued)
Citigroup, Inc.
1D US SOFR + 2.056%, 02/13/2035(a)	$	483,000	$	473,002
JPMorgan Chase & Co.
1D US SOFR + 1.07%, 12/15/2025(a)		1,500,000		1,500,001
1D US SOFR + 1.62%, 01/23/2035(a)		812,000		807,128
1D US SOFR + 2.58%, 09/14/2033(a)		1,100,000		1,114,367
Total Diversified Banks				9,178,010
Electrical Equipment Manufacturing (0.11%)
Trimble, Inc.
4.75%, 12/01/2024		650,000		644,624
Entertainment Resources (0.01%)
Vail Resorts, Inc.
6.25%, 05/15/2025(d)		75,000		75,318
Exploration & Production (1.65%)
Coterra Energy, Inc.
5.60%, 03/15/2034		2,992,000		2,990,344
Hilcorp Energy I LP / Hilcorp Finance Co.
6.25%, 11/01/2028(d)		1,250,000		1,241,908
8.38%, 11/01/2033(d)		750,000		806,209
Occidental Petroleum Corp.
7.88%, 09/15/2031		4,250,000		4,787,672
Total Exploration & Production				9,826,133
Financial Services (2.51%)
Charles Schwab Corp.
1D US SOFR + 2.01%, 08/24/2034(a)		1,000,000		1,036,114
1D US SOFR + 2.50%, 05/19/2034(a)		1,000,000		1,014,517
SOFRINDX + 1.05%, 03/03/2027(a)(e)		467,000		468,716
Goldman Sachs Group, Inc.
1D US SOFR + 0.50%, 09/10/2024(a)		700,000		700,351
Morgan Stanley
1D US SOFR + 0.525%, 05/30/2025(a)		243,000		239,671
1D US SOFR + 1.36%, 09/16/2036(a)		1,700,000		1,333,349
1D US SOFR + 1.73%, 01/18/2035(a)		606,000		605,022
1D US SOFR + 2.05%, 11/01/2034(a)		550,000		595,866
5Y US TI + 2.43%, 01/19/2038(a)		1,000,000		997,301

Security Description	Principal  Amount		Value
Financial Services (continued)
UBS Group AG
1D US SOFR + 3.92%, 08/12/2033(a)(d)	$	5,570,000	$	5,813,545
1Y US TI + 1.80%, 09/22/2029(a)(d)		1,000,000		1,028,972
1Y US TI + 2.00%, 09/22/2034(a)(d)		1,100,000		1,136,549
Total Financial Services				14,969,973
Food & Beverage (1.10%)
J M Smucker Co.
6.20%, 11/15/2033		1,200,000		1,268,845
JBS USA LUX SA / JBS USA Food Co. / JBS Luxembourg SARL
6.75%, 03/15/2034(d)		500,000		515,464
7.25%, 11/15/2053(d)		1,450,000		1,520,601
JDE Peet's NV
0.80%, 09/24/2024(d)		300,000		291,217
Pilgrim's Pride Corp.
6.25%, 07/01/2033		1,750,000		1,771,119
6.88%, 05/15/2034		700,000		738,107
Tyson Foods, Inc.
5.70%, 03/15/2034		477,000		477,150
Total Food & Beverage				6,582,503
Government Agencies (0.01%)
Tennessee Valley Authority
2.22%, 05/01/2029(a)		2,576		57,058
Health Care Facilities & Services (1.00%)
Cardinal Health, Inc.
5.45%, 02/15/2034		263,000		262,995
HCA, Inc.
2.38%, 07/15/2031		2,250,000		1,830,112
5.38%, 02/01/2025		800,000		797,322
5.50%, 06/01/2033		1,200,000		1,192,611
5.60%, 04/01/2034		1,137,000		1,131,739
6.00%, 04/01/2054		775,000		768,612
Total Health Care Facilities & Services				5,983,391
Industrial Other (0.87%)
Honeywell International, Inc.
5.00%, 03/01/2035		2,825,000		2,815,895
Jacobs Engineering Group, Inc.
5.90%, 03/01/2033		1,650,000		1,649,734
Quanta Services, Inc.
0.95%, 10/01/2024		750,000		729,164
Total Industrial Other				5,194,793
Leisure Products Manufacturing (0.18%)
Polaris, Inc.
6.95%, 03/15/2029		1,000,000		1,053,905

Security Description	Principal Amount		Value
Machinery Manufacturing (0.14%)
Nordson Corp.
5.80%, 09/15/2033	$	800,000	$	825,619
Manufactured Goods (0.14%)
Chart Industries, Inc.
7.50%, 01/01/2030(d)		810,000		836,517
Medical Equipment & Devices Manufacturing (0.98%)
Alcon Finance Corp.
5.38%, 12/06/2032(d)		1,900,000		1,903,245
Revvity, Inc.
0.85%, 09/15/2024		654,000		637,044
Solventum Corp.
5.45%, 03/13/2031(d)		326,000		323,004
5.60%, 03/23/2034(d)		539,000		536,535
5.90%, 04/30/2054(d)		505,000		497,555
6.00%, 05/15/2064(d)		2,014,000		1,954,960
Total Medical Equipment & Devices Manufacturing				5,852,343
Pharmaceuticals (2.44%)
AbbVie, Inc.
5.05%, 03/15/2034		1,323,000		1,329,550
5.35%, 03/15/2044		567,000		571,835
5.40%, 03/15/2054		567,000		574,945
Astrazeneca Finance LLC
5.00%, 02/26/2034		2,920,000		2,929,264
Bristol-Myers Squibb Co.
5.20%, 02/22/2034		1,250,000		1,259,610
5.55%, 02/22/2054		2,435,000		2,466,184
6.25%, 11/15/2053		1,250,000		1,365,234
Pfizer Investment Enterprises Pte, Ltd.
4.75%, 05/19/2033		1,000,000		974,061
5.11%, 05/19/2043		2,000,000		1,921,314
5.30%, 05/19/2053		1,250,000		1,223,140
Total Pharmaceuticals				14,615,137
Pipeline (3.05%)
Buckeye Partners LP
4.50%, 03/01/2028(d)		1,760,000		1,637,730
Cheniere Energy Partners LP
3.25%, 01/31/2032		1,700,000		1,421,944
Energy Transfer LP
8.00%, 04/01/2029(d)		2,493,000		2,588,058
Flex Intermediate Holdco LLC
3.36%, 06/30/2031(d)		600,000		489,494
4.32%, 12/30/2039(d)		1,200,000		870,149
Gray Oak Pipeline LLC
2.60%, 10/15/2025(d)		1,362,000		1,296,239

Security Description	Principal  Amount		Value
Pipeline (continued)
Midwest Connector Capital Co. LLC
3.90%, 04/01/2024(d)	$	2,440,000	$	2,435,957
4.63%, 04/01/2029(d)		1,250,000		1,204,245
Targa Resources Partners LP / Targa Resources Partners Finance Corp.
6.50%, 07/15/2027		3,300,000		3,337,901
6.88%, 01/15/2029		1,500,000		1,546,395
TransCanada PipeLines, Ltd.
6.20%, 03/09/2026		1,400,000		1,400,024
Total Pipeline				18,228,136
Power Generation (0.72%)
Vistra Operations Co. LLC
5.13%, 05/13/2025(d)		1,200,000		1,191,455
5.50%, 09/01/2026(d)		1,500,000		1,478,563
6.95%, 10/15/2033(d)		1,550,000		1,616,357
Total Power Generation				4,286,375
Property & Casualty Insurance (0.14%)
Arthur J Gallagher & Co.
5.45%, 07/15/2034		126,000		125,554
Willis North America, Inc.
5.90%, 03/05/2054		705,000		700,945
Total Property & Casualty Insurance				826,499
Publishing & Broadcasting (0.52%)
Gray Television, Inc.
5.38%, 11/15/2031(d)		300,000		191,173
7.00%, 05/15/2027(d)		750,000		672,143
Nexstar Media, Inc.
4.75%, 11/01/2028(d)		900,000		799,622
5.63%, 07/15/2027(d)		1,250,000		1,187,574
Scripps Escrow II, Inc.
3.88%, 01/15/2029(d)		400,000		316,797
Total Publishing & Broadcasting				3,167,309
Real Estate (0.67%)
Cushman & Wakefield US Borrower LLC
6.75%, 05/15/2028(d)		575,000		566,918
VICI Properties LP / VICI Note Co., Inc.
4.63%, 06/15/2025(d)		1,750,000		1,721,860
5.63%, 05/01/2024(d)		1,750,000		1,750,108
Total Real Estate				4,038,886
Refining & Marketing (0.46%)
HF Sinclair Corp.
4.50%, 10/01/2030		1,750,000		1,639,903
5.00%, 02/01/2028(d)		500,000		481,543
5.88%, 04/01/2026		500,000		502,244
Phillips 66 Co.
5.25%, 06/15/2031		168,000		167,478
Total Refining & Marketing				2,791,168

Security Description	Principal  Amount		Value
Restaurants (0.05%)
Brinker International, Inc.
8.25%, 07/15/2030(d)	$	300,000	$	314,673
Retail - Consumer Discretionary (0.22%)
ERAC USA Finance LLC
5.00%, 02/15/2029(d)		623,000		619,295
5.20%, 10/30/2034(d)		705,000		699,287
Total Retail - Consumer Discretionary				1,318,582
Software & Services (0.90%)
Concentrix Corp.
6.60%, 08/02/2028		1,000,000		1,005,136
CoStar Group, Inc.
2.80%, 07/15/2030(d)		1,500,000		1,268,737
Leidos, Inc.
5.75%, 03/15/2033		500,000		508,199
VMware LLC
2.20%, 08/15/2031		750,000		604,665
4.70%, 05/15/2030		2,060,000		1,984,000
Total Software & Services				5,370,737
Supermarkets & Pharmacies (0.34%)
Albertsons Cos. Inc / Safeway, Inc. / New Albertsons LP / Albertsons LLC
6.50%, 02/15/2028(d)		2,000,000		2,013,932
Transportation & Logistics (0.35%)
Cummins, Inc.
5.15%, 02/20/2034		1,020,000		1,018,522
FedEx Corp. 2020-1 Class AA Pass Through Trust
1.88%, 02/20/2034		1,326,564		1,091,425
Total Transportation & Logistics				2,109,947
Travel & Lodging (0.20%)
Royal Caribbean Cruises, Ltd.
6.25%, 03/15/2032(d)		1,221,000		1,225,258
Utilities (1.13%)
American Water Capital Corp.
5.15%, 03/01/2034		1,137,000		1,127,659
Dominion Energy, Inc.
3.07%, 08/15/2024(f)		200,000		197,687
National Rural Utilities Cooperative Finance Corp.
3M CME TERM SOFR + 3.17161%, 04/30/2043(a)		1,200,000		1,199,841
5Y US TI + 3.533%, 09/15/2053(a)		1,000,000		1,036,382
ONE Gas, Inc.
1.10%, 03/11/2024		400,000		399,641

Security Description	Principal  Amount		Value
Utilities (continued)
Sempra
5Y US TI + 2.868%, 04/01/2052(a)	$	809,000	$	746,278
Southern California Edison Co.
1.10%, 04/01/2024		400,000		398,584
Xcel Energy, Inc.
5.50%, 03/15/2034	$	1,684,000	$	1,655,487
Total Utilities				6,761,559
Waste & Environment Services & Equipment (0.20%)
GFL Environmental, Inc.
5.13%, 12/15/2026(d)		1,200,000		1,174,922
Wireless Telecommunications Services (0.37%)
AT&T, Inc.
5.54%, 02/20/2026		750,000		748,531
T-Mobile USA, Inc.
4.80%, 07/15/2028		950,000		937,830
6.00%, 06/15/2054		500,000		523,144
Total Wireless Telecommunications Services				2,209,505
TOTAL CORPORATE BONDS
(Cost $203,052,784)				202,528,841
GOVERNMENT BONDS (40.01%)
U.S. Treasury Bonds (40.01%)
United States Treasury Bonds
3.63%, 05/15/2053		3,885,000		3,393,912
4.00%, 02/15/2034		17,000,000		16,658,672
4.13%, 08/15/2053		16,643,000		15,912,268
4.25%, 02/15/2054		2,985,000		2,923,434
4.38%, 08/15/2043		15,089,000		14,768,359
4.75%, 11/15/2043		21,587,000		22,205,940
4.75%, 11/15/2053		16,947,000		18,006,188
United States Treasury Notes
4.00%, 01/15/2027		8,657,000		8,553,184
4.00%, 01/31/2029		17,000,000		16,796,797
4.75%, 07/31/2025		23,000,000		22,971,250
4.88%, 11/30/2025		21,243,000		21,292,788
5.00%, 08/31/2025		23,919,000		23,977,863
5.00%, 09/30/2025		28,655,000		28,742,308
5.00%, 10/31/2025		23,090,000		23,174,784
Total U.S. Treasury Bonds				239,377,747
TOTAL GOVERNMENT BONDS
(Cost $239,267,548)				239,377,747
PREFERRED STOCK (1.25%)
Energy (0.14%)
Pipeline (0.14%)
Energy Transfer LP, Series B(g)		100,000		93,017

Security Description	Principal  Amount		Value
Energy (continued)
Energy Transfer LP, Series F(g)	$	750,000	$	739,789
Total Energy				831,806
Financials (1.11%)
Banks (0.25%)
Wells Fargo & Co., Series S(g)		1,500,000		1,496,695
Consumer Finance (0.30%)
American Express Co.(g)		950,000		858,409
Synchrony Financial(a)(g)		36,200		906,810
				1,765,219
Diversified Banks (0.52%)
Barclays PLC, 5Y US TI + 5.672%(a)(g)		3,100,000		3,100,722
Financial Services (0.01%)
State Street Corp., Series I, 5Y US TI + 2.613%(a)(g)		83,000		83,000
Life Insurance (0.03%)
Jackson Financial, Inc.(g)		6,800		182,580
Total Financials				6,628,216
TOTAL PREFERRED STOCK
(Cost $7,427,048)				7,460,022

	7-Day
	Yield			Shares		Value
SHORT TERM INVESTMENTS (4.97%)
Money Market Fund (4.97%)
Morgan Stanley Institutional Liquidity Funds - Government Portfolio		5.22	%		29,704,499		29,704,499
TOTAL SHORT TERM INVESTMENTS
(Cost $29,704,499)							29,704,499
TOTAL INVESTMENTS (88.05%)
(Cost $526,958,930)						$	526,757,580
Other Assets In Excess Of Liabilities (11.95%)							71,513,118
NET ASSETS (100.00%)						$	598,270,698

Investment Abbreviations:

SOFR - Secured Overnight Financing Rate

SOFRINDX - Secured Overnight Financing Rate Index

TI – Treasury Index

Reference Rates:

1M US SOFR- 1 Month SOFR as of February 29, 2024 was 5.34%

30D US SOFR - 30 Day SOFR as of February 29, 2024 was 5.32%

3M US SOFR - 3 Month SOFR as of February 29, 2024 was 5.33%

1D US SOFR - 1 Day SOFR as of February 29, 2024 was 5.31%

1M US SOFR- 1 Month SOFR as of February 29, 2024 was 5.34%

1M CME SOFR – 1 Month SOFR as of February 29, 2024 was 5.32%

3M CME SOFR – 3 Month SOFR as of February 29, 2024 was 5.33%

1Y US TI -  1 Year US TI as of February 29, 2024 was 4.80%

5Y US TI -  5 Year US TI as of February 29, 2024 was 4.26%

(a)	Floating or variable rate security.  The reference rate is described above.  The rate in effect as of February 29, 2024 is based on the reference rate plus the displayed spread as of the security's last reset date.
(b)	Issued with zero coupon.
(c)	Interest only security.
(d)	Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of February 29, 2024, the aggregate market value of those securities was $60,405,479, representing 10.10% of net assets.
(e)	The SOFRINDX is a compounded average of the daily Secured Overnight Financing Rate determined by reference to the SOFR Index for any interest period.
(f)	Step bond.  Coupon changes periodically based upon a predetermined schedule.  Interest rate disclosed is that which is in effect as of February 29, 2024.
(g)	Perpetual maturity.  This security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.
(h)	Non-Income Producing Security.

See Notes to Quarterly Statement of Investments.

Barron's 400 ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (97.60%)
Communication Services (1.54%)
Alphabet, Inc., Class A(a)		2,255	$	312,227
Cogent Communications Holdings, Inc.(b)		4,640		375,422
Electronic Arts, Inc.		2,490		347,305
Fox Corp., Class A		9,726		289,738
Meta Platforms, Inc., Class A		986		483,268
Warner Music Group Corp., Class A		9,341		326,281
Total Communication Services				2,134,241
Consumer Discretionary (12.48%)
Airbnb, Inc., Class A(a)		2,085		328,325
Booking Holdings, Inc.		98		339,945
Boot Barn Holdings, Inc.(a)(b)		3,593		332,353
Build-A-Bear Workshop, Inc.		10,968		262,574
Cavco Industries, Inc.(a)		1,121		417,651
Chipotle Mexican Grill, Inc.(a)		158		424,826
Crocs, Inc.(a)		3,413		417,239
Darden Restaurants, Inc.		2,058		351,321
Deckers Outdoor Corp.(a)		576		515,860
Dillard's, Inc., Class A		969		401,873
DR Horton, Inc.		2,610		390,038
Dream Finders Homes, Inc.(a)		10,957		428,747
eBay, Inc.		7,008		331,338
Ethan Allen Interiors, Inc.		9,974		333,431
General Motors Co.		9,453		387,384
Gentex Corp.		9,567		349,483
Grand Canyon Education, Inc.(a)		2,724		367,195
Guess?, Inc.		13,553		343,975
Harley-Davidson, Inc.		9,473		343,586
Hilton Worldwide Holdings, Inc.		1,969		402,306
Home Depot, Inc.		940		357,773
Installed Building Products, Inc.		2,244		536,159
KB Home		6,075		403,562
Lennar Corp., Class B		2,874		423,541
M/I Homes, Inc.(a)		3,272		415,511
McDonald's Corp.		1,106		323,262
Meritage Homes Corp.		2,306		363,564
Modine Manufacturing Co.(a)		6,581		590,382
NVR, Inc.(a)		47		358,402
Oxford Industries, Inc.		3,236		328,098
Perdoceo Education Corp.		18,449		328,577
Polaris, Inc.		2,898		268,674
PulteGroup, Inc.		3,774		409,026
Ralph Lauren Corp.		2,652		493,060
Ross Stores, Inc.		2,599		387,147
Royal Caribbean Cruises, Ltd.(a)		3,153		388,923
Skyline Champion Corp.(a)		4,392		368,006
Target Hospitality Corp.(a)		20,040		193,987
Taylor Morrison Home Corp., Class A(a)		6,586		372,833

Security Description	Shares		Value
Consumer Discretionary (continued)
Tesla, Inc.(a)		1,129	$	227,923
TJX Cos., Inc.		3,299		327,063
Toll Brothers, Inc.		3,763		431,390
TopBuild Corp.(a)		1,090		438,594
Tractor Supply Co.		1,398		355,539
Williams-Sonoma, Inc.(b)		2,142		504,505
XPEL, Inc.(a)(b)(c)		4,148		218,102
Total Consumer Discretionary				17,283,053
Consumer Staples (3.41%)
Archer-Daniels-Midland Co.		3,911		207,713
Cal-Maine Foods, Inc.		6,328		363,797
Clorox Co.		1,992		305,394
Coca-Cola Co.		5,206		312,464
Coca-Cola Consolidated, Inc.		459		385,927
Costco Wholesale Corp.		554		412,115
elf Beauty, Inc.(a)		2,240		467,107
Inter Parfums, Inc.		2,356		345,672
Kroger Co.		6,782		336,455
Lamb Weston Holdings, Inc.		3,064		313,172
Monster Beverage Corp.(a)		5,427		320,736
Oil-Dri Corp. of America		5,027		358,375
PepsiCo, Inc.		1,724		285,046
Procter & Gamble Co.		1,995		317,085
Total Consumer Staples				4,731,058
Energy (11.94%)
APA Corp.		7,188		214,131
Ardmore Shipping Corp.		24,582		398,966
Baker Hughes Co.		8,332		246,544
Cactus, Inc., Class A		5,601		257,086
Cheniere Energy, Inc.		1,949		302,485
Chesapeake Energy Corp.(b)		3,528		292,048
Chevron Corp.		1,884		286,387
Chord Energy Corp.		1,941		315,316
Civitas Resources, Inc.		3,753		257,756
CNX Resources Corp.(a)(b)		13,739		287,832
ConocoPhillips		2,510		282,475
CONSOL Energy, Inc.		3,248		278,743
Coterra Energy, Inc.		11,111		286,442
Devon Energy Corp.		6,034		265,858
Diamondback Energy, Inc.		2,020		368,690
Dorian LPG, Ltd.		10,979		396,891
EnLink Midstream LLC		25,219		310,950
EOG Resources, Inc.		2,321		265,662
EQT Corp.		7,301		271,232
Evolution Petroleum Corp.(b)		34,321		201,121
Exxon Mobil Corp.		2,701		282,309
Frontline PLC		18,449		415,656
Gulfport Energy Corp.(a)		2,632		373,718
Hallador Energy Co.(a)		27,768		211,037
Halliburton Co.		7,457		261,517
Helmerich & Payne, Inc.		7,015		269,306
Hess Corp.		1,938		282,464
HF Sinclair Corp.		5,042		279,831
International Seaways, Inc.		7,310		386,918
Liberty Energy, Inc., Class A(b)		17,390		371,798
Magnolia Oil & Gas Corp., Class A(b)		13,434		304,683
Marathon Oil Corp.		12,047		292,140

Security Description	Shares		Value
Energy (continued)
Marathon Petroleum Corp.		2,001	$	338,629
Murphy Oil Corp.		6,860		272,136
New Fortress Energy, Inc.(b)		9,696		340,814
Northern Oil and Gas, Inc.		7,436		265,688
ONEOK, Inc.		6,169		463,415
Par Pacific Holdings, Inc.(a)		8,424		304,275
Patterson-UTI Energy, Inc.		20,469		236,826
PBF Energy, Inc., Class A		5,673		264,929
Phillips 66		2,483		353,852
Pioneer Natural Resources Co.		1,342		315,625
Range Resources Corp.		9,653		305,228
RPC, Inc.(b)		36,870		272,469
San Juan Basin Royalty Trust(b)		46,488		238,948
Schlumberger Ltd.		5,071		245,081
SilverBow Resources, Inc.(a)		7,521		213,521
SM Energy Co.		7,619		333,484
Solaris Oilfield Infrastructure, Inc., Class A		30,032		254,371
Southwestern Energy Co.(a)		47,280		329,542
Targa Resources Corp.		3,678		361,327
Texas Pacific Land Corp.		179		282,000
Valero Energy Corp.		2,148		303,856
Viper Energy, Inc.		10,794		390,095
Williams Cos., Inc.		9,145		328,671
Total Energy				16,532,774
Financials (21.17%)
1st Source Corp.		7,045		350,700
Amalgamated Financial Corp.		17,802		410,870
American Express Co.		1,953		428,527
Arch Capital Group, Ltd.(a)		3,880		339,849
Axos Financial, Inc.(a)		7,142		372,241
BancFirst Corp.		3,512		308,143
Bancorp, Inc.(a)		8,512		379,976
Bank of America Corp.		10,820		373,506
Bank of NT Butterfield & Son, Ltd.		10,810		323,111
Bank OZK		7,991		350,006
BOK Financial Corp.		3,757		319,383
Brown & Brown, Inc.		4,205		354,103
Byline Bancorp, Inc.		14,952		311,600
Cathay General Bancorp		8,405		328,215
Cincinnati Financial Corp.		2,917		332,538
Citizens Financial Group, Inc.		11,160		350,312
City Holding Co.		3,392		340,828
Comerica, Inc.		6,657		328,723
CVB Financial Corp.		17,902		304,692
Dime Community Bancshares, Inc.		15,170		284,286
East West Bancorp, Inc.		5,766		420,111
Enterprise Financial Services Corp.		8,004		319,520
Everest Group, Ltd.		805		296,948
FactSet Research Systems, Inc.		724		334,908
FB Financial Corp.		10,546		375,859
Fifth Third Bancorp		11,629		399,340
First BanCorp		22,701		385,463
First Bancshares, Inc.		11,066		274,769
First Citizens BancShares, Inc., Class A		226		355,681

Security Description	Shares		Value
Financials (continued)
First Commonwealth Financial Corp.		24,881	$	324,199
First Merchants Corp.		10,695		355,074
FleetCor Technologies, Inc.(a)		1,138		317,809
FNB Corp.(b)		27,798		370,825
Fulton Financial Corp.		24,287		374,020
Hancock Whitney Corp.		7,976		347,754
Hanmi Financial Corp.		18,355		277,344
Heritage Commerce Corp.		36,050		298,855
Home BancShares, Inc.(b)		14,080		330,317
Huntington Bancshares, Inc.		28,681		374,000
Independent Bank Corp.		5,828		304,047
Interactive Brokers Group, Inc.		3,268		355,297
International Bancshares Corp.		6,978		362,088
Jack Henry & Associates, Inc.		2,038		354,143
JPMorgan Chase & Co.		2,139		397,982
Kinsale Capital Group, Inc.		758		391,264
LPL Financial Holdings, Inc.		1,285		344,239
M&T Bank Corp.		2,442		341,245
Markel Group, Inc.(a)		214		319,391
Mastercard, Inc., Class A		741		351,797
MSCI, Inc.		578		324,241
National Bank Holdings Corp., Class A		10,126		342,664
New York Community Bancorp, Inc.		25,775		123,462
OceanFirst Financial Corp.		18,440		280,288
OFG Bancorp		10,385		376,145
Old National Bancorp(b)		20,542		337,505
Old Second Bancorp, Inc.		21,647		290,719
Pathward Financial, Inc.		6,217		316,072
Peoples Bancorp, Inc.(b)		12,148		340,994
Pinnacle Financial Partners, Inc.		4,525		374,308
PNC Financial Services Group, Inc.		2,612		384,486
Popular, Inc.		4,771		399,237
Preferred Bank		4,943		355,155
Premier Financial Corp.		16,620		322,096
QCR Holdings, Inc.		6,153		350,721
Regions Financial Corp.		17,158		319,654
S&T Bancorp, Inc.		11,258		351,137
Shift4 Payments, Inc.(a)(b)		5,457		448,675
South State Corp.		4,422		371,625
Southside Bancshares, Inc.		10,628		304,598
Stock Yards Bancorp, Inc.		7,209		330,244
Synchrony Financial		9,720		401,436
Synovus Financial Corp.		10,213		387,481
Texas Capital Bancshares, Inc.(a)		4,967		291,315
Valley National Bancorp		34,022		278,640
Veritex Holdings, Inc.		17,290		339,403
Visa, Inc., Class A, Class A		1,236		349,343
WaFd, Inc.		11,765		320,479
Webster Financial Corp.		7,394		352,250
Wells Fargo & Co.		7,453		414,312
Westamerica BanCorp		7,013		320,564
Western Alliance Bancorp		6,423		370,800
Wintrust Financial Corp.		4,035		388,772
WisdomTree, Inc.(b)		43,479		350,441

Security Description	Shares		Value
Financials (continued)
WR Berkley Corp.		4,960	$	414,656
WSFS Financial Corp.		8,197		347,471
Total Financials				29,317,287
Health Care (7.76%)
AbbVie, Inc.		2,056		361,959
Agilent Technologies, Inc.		2,693		369,910
Amgen, Inc.		1,178		322,572
Amphastar Pharmaceuticals, Inc.(a)		5,998		279,327
Arcturus Therapeutics Holdings, Inc.(a)(b)		9,779		379,034
Assertio Holdings, Inc.(a)(b)		101,063		89,330
Danaher Corp.		1,234		312,375
Dexcom, Inc.(a)		2,857		328,755
Dynavax Technologies Corp.(a)(b)		22,743		288,154
Edwards Lifesciences Corp.(a)		4,067		345,166
Eli Lilly & Co.		522		393,421
Gilead Sciences, Inc.		4,005		288,761
Haemonetics Corp.(a)		3,400		248,132
Halozyme Therapeutics, Inc.(a)(b)		8,223		327,358
Harmony Biosciences Holdings, Inc.(a)		8,107		260,235
Humana, Inc.		666		233,313
IDEXX Laboratories, Inc.(a)		644		370,448
Intuitive Surgical, Inc.(a)		1,024		394,854
Johnson & Johnson		1,883		303,879
Kiniksa Pharmaceuticals, Ltd., Class A(a)		17,471		369,337
Medpace Holdings, Inc.(a)		1,108		440,452
Neurocrine Biosciences, Inc.(a)		2,816		367,206
Pfizer, Inc.		9,083		241,244
Regeneron Pharmaceuticals, Inc.(a)		378		365,182
Stryker Corp.		1,034		360,938
United Therapeutics Corp.(a)		1,397		315,219
UnitedHealth Group, Inc.		646		318,866
Veeva Systems, Inc., Class A(a)		1,371		309,174
Vertex Pharmaceuticals, Inc.(a)		892		375,300
Viatris, Inc.		30,796		380,947
Voyager Therapeutics, Inc.(a)		34,213		284,652
Waters Corp.(a)		1,170		394,781
Zoetis, Inc.		1,658		328,831
Total Health Care				10,749,112
Industrials (20.00%)
AAON, Inc.		4,760		399,745
Acuity Brands, Inc.		1,931		485,144
AGCO Corp.		2,469		270,849
Allison Transmission Holdings, Inc.		5,133		386,669
AMETEK, Inc.		2,005		361,261
Apogee Enterprises, Inc.		6,325		361,853
Applied Industrial Technologies, Inc.		1,886		358,133
Array Technologies, Inc.(a)(b)		13,524		184,467
Atkore, Inc.		2,037		345,068

Security Description	Shares		Value
Industrials (continued)
Automatic Data Processing, Inc.		1,243	$	312,155
Boise Cascade Co.		3,003		408,138
Brady Corp., Class A		5,475		319,083
Broadridge Financial Solutions, Inc.		1,633		332,446
Builders FirstSource, Inc.(a)		2,169		423,345
Carlisle Cos., Inc.		1,109		388,150
Carrier Global Corp.		5,156		286,570
Caterpillar, Inc.		1,090		364,016
Cintas Corp.		617		387,852
Comfort Systems USA, Inc.		1,637		500,480
Copart, Inc.(a)		6,845		363,812
Core & Main, Inc.(a)		10,201		486,894
CSW Industrials, Inc.		1,729		398,344
CSX Corp.		10,215		387,557
Cummins, Inc.		1,343		360,743
Deere & Co.		770		281,088
Delta Air Lines, Inc.		7,547		319,012
EMCOR Group, Inc.		1,392		436,420
Encore Wire Corp.		1,842		443,922
ExlService Holdings, Inc.(a)		10,517		327,289
Fastenal Co.		5,648		412,360
GMS, Inc.(a)		4,719		421,454
Graco, Inc.		4,011		366,044
H&E Equipment Services, Inc.		7,104		401,305
Honeywell International, Inc.		1,655		328,898
Hubbell, Inc.		945		359,733
Hudson Technologies, Inc.(a)		25,143		368,345
IDEX Corp.		1,435		338,517
IES Holdings, Inc.(a)		4,351		478,262
Illinois Tool Works, Inc.		1,295		339,484
Ingersoll Rand, Inc.		4,436		405,140
ITT, Inc.		3,052		384,979
Jacobs Solutions, Inc.		2,346		344,041
Janus International Group, Inc.(a)		29,243		419,637
JB Hunt Transport Services, Inc.		1,671		344,744
Lennox International, Inc.		778		366,601
Lincoln Electric Holdings, Inc.		1,700		436,220
MSC Industrial Direct Co., Inc., Class A		3,146		317,557
Mueller Industries, Inc.		8,450		434,161
Nordson Corp.		1,319		350,392
Old Dominion Freight Line, Inc.		722		319,471
Owens Corning		2,115		316,785
PACCAR, Inc.		3,613		400,646
Parker-Hannifin Corp.		758		405,871
Paychex, Inc.		2,575		315,747
Paycom Software, Inc.		1,076		196,252
Powell Industries, Inc.		3,708		686,870
Preformed Line Products Co.		1,811		248,976
Rockwell Automation, Inc.		1,052		299,904
Rollins, Inc.		8,536		376,182
Saia, Inc.(a)		721		414,863
Shoals Technologies Group, Inc., Class A(a)		14,538		186,523
Simpson Manufacturing Co., Inc.		1,891		394,614

Security Description	Shares		Value
Industrials (continued)
Snap-on, Inc.		1,160	$	319,766
Standex International Corp.		2,110		365,030
Sterling Infrastructure, Inc.(a)		3,984		424,854
Tennant Co.		3,921		443,818
Terex Corp.		5,229		299,883
The Timken Co.		4,269		358,553
Toro Co.		3,771		348,101
United Airlines Holdings, Inc.(a)		6,461		293,911
United Rentals, Inc.		664		460,331
Wabash National Corp.		14,493		395,369
Watsco, Inc.		880		346,826
Watts Water Technologies, Inc., Class A		1,726		352,018
WW Grainger, Inc.		439		427,349
Total Industrials				27,696,892
Information Technology (13.27%)
ACM Research, Inc., Class A(a)(b)		16,555		511,881
Adobe, Inc.(a)		555		310,955
Akamai Technologies, Inc.(a)		2,940		326,105
Allegro MicroSystems, Inc.(a)		9,024		284,166
Amdocs, Ltd.		3,527		321,662
Amphenol Corp., Class A		3,564		389,331
Analog Devices, Inc.		1,738		333,383
Apple, Inc.		1,756		317,397
Applied Materials, Inc.		2,056		414,531
Arista Networks, Inc.(a)		1,579		438,236
Autodesk, Inc.(a)		1,387		358,082
Axcelis Technologies, Inc.(a)		1,788		201,454
Badger Meter, Inc.		1,893		300,400
Bel Fuse, Inc., Class B		6,624		344,249
Belden, Inc.		3,181		270,958
Broadcom, Inc.		361		469,477
Cadence Design Systems, Inc.(a)		1,268		385,954
Cisco Systems, Inc.		5,417		262,020
Cognizant Technology Solutions Corp., Class A		4,326		341,841
EPAM Systems, Inc.(a)		1,158		352,495
ePlus, Inc.(a)		4,732		389,869
Extreme Networks, Inc.(a)		12,043		152,224
Fabrinet(a)		2,029		437,392
Fortinet, Inc.(a)		4,739		327,512
Gartner, Inc.(a)		874		406,899
Gen Digital, Inc.		15,964		343,066
Intuit, Inc.		555		367,904
Jabil, Inc.		2,867		413,106
KLA Corp.		631		430,531
Lam Research Corp.		474		444,730
Lattice Semiconductor Corp.(a)		3,428		262,619
Manhattan Associates, Inc.(a)		1,496		378,982
Microchip Technology, Inc.		3,828		322,088
Microsoft Corp.		901		372,690
Monolithic Power Systems, Inc.		639		460,106
Motorola Solutions, Inc.		1,088		359,464
NetApp, Inc.		3,931		350,331
NVE Corp.		3,578		299,085
NVIDIA Corp.		686		542,708
ON Semiconductor Corp.(a)		3,154		248,914
Oracle Corp.		2,428		271,159

Security Description	Shares		Value
Information Technology (continued)
Photronics, Inc.(a)		15,320	$	441,063
QUALCOMM, Inc.		2,793		440,707
Qualys, Inc.(a)		1,962		337,189
ServiceNow, Inc.(a)		512		394,926
Skyworks Solutions, Inc.		3,139		329,344
Super Micro Computer, Inc.(a)		1,114		964,858
Synopsys, Inc.(a)		670		384,399
Texas Instruments, Inc.		1,863		311,736
Vishay Intertechnology, Inc.(b)		12,220		265,785
Total Information Technology				18,385,963
Materials (4.72%)
Albemarle Corp.(b)		1,660		228,831
Alpha Metallurgical Resources, Inc.		1,422		536,449
Arcadium Lithium PLC, Class A(a)(b)		36,234		198,925
Cabot Corp.		4,442		377,348
CF Industries Holdings, Inc.		3,767		304,072
Commercial Metals Co.		5,903		318,762
DuPont de Nemours, Inc.		4,085		282,641
Eagle Materials, Inc.		1,692		429,007
Hawkins, Inc.		5,450		382,863
Martin Marietta Materials, Inc.		707		408,441
NewMarket Corp.		671		430,561
Nucor Corp.		1,890		363,447
Packaging Corp. of America		2,111		382,492
Reliance, Inc.		1,164		373,900
Sherwin-Williams Co.		1,126		373,866
Steel Dynamics, Inc.		3,070		410,827
United States Lime & Minerals, Inc.		1,404		357,992
Vulcan Materials Co.		1,424		378,570
Total Materials				6,538,994
Real Estate (0.46%)
CoStar Group, Inc.(a)		3,737		325,231
RMR Group, Inc., Class A		12,574		307,686
Total Real Estate				632,917
Utilities (0.85%)
Otter Tail Corp.		4,050		366,363
Public Service Enterprise Group, Inc.		5,070		316,368
Vistra Corp.		9,035		492,769
Total Utilities				1,175,500
TOTAL COMMON STOCKS
(Cost $104,949,044)				135,177,791

Security Description	Shares		Value
LIMITED PARTNERSHIPS (2.10%)
Energy (2.10%)
Alliance Resource Partners LP		15,534		295,146
Black Stone Minerals LP		17,591		267,911
Cheniere Energy Partners LP		5,763		280,197
Dorchester Minerals LP		10,718		331,293
Energy Transfer LP		22,662		331,772

Security Description	Shares		Value
Energy (continued)
Enterprise Products Partners LP		11,536	$	316,663
Hess Midstream LP, Class A		10,445		356,070
MPLX LP		8,881		341,386
Western Midstream Partners LP		11,806		394,911
Total Energy				2,915,349
TOTAL LIMITED PARTNERSHIPS
(Cost $2,677,007)				2,915,349

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.71%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $335,443)	5.28	%		335,443	$	335,443
Investments Purchased with Collateral from Securities Loaned (0.46%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $641,940)				641,940		641,940
TOTAL SHORT TERM INVESTMENTS
(Cost $977,383)						977,383
TOTAL INVESTMENTS (100.41%)
(Cost $108,603,434)					$	139,070,523
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.41%)						(561,898	)
NET ASSETS - 100.00%					$	138,508,625

(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 $6,986,841.
(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 29, 2024, the market value of those securities was 218,102, representing 0.16% of net assets.

See Notes to Quarterly Schedule of Investments.

Level Four Large Cap Growth Active ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (92.62%)
Communication Services (7.63%)
Alphabet, Inc., Class A(a)		25,948	$	3,592,760
Netflix, Inc.(a)		2,688		1,620,649
Walt Disney Co.		7,700		859,166
Total Communication Services				6,072,575
Consumer Discretionary (15.69%)
Amazon.com, Inc.(a)		26,927		4,759,617
Booking Holdings, Inc.		631		2,188,832
Etsy, Inc.(a)		9,983		715,681
Home Depot, Inc.		4,488		1,708,178
McDonald's Corp.		2,541		742,683
PulteGroup, Inc.		7,905		856,744
RH(a)		5,511		1,512,218
Total Consumer Discretionary				12,483,953
Consumer Staples (2.26%)
Constellation Brands, Inc., Class A		3,556		883,737
Estee Lauder Cos., Inc., Class A		6,137		911,836
Total Consumer Staples				1,795,573
Energy (1.59%)
Phillips 66		8,882		1,265,774
Financials (11.57%)
BlackRock, Inc.		2,918		2,367,491
Fidelity National Information Services, Inc.		12,710		879,405
Morgan Stanley		17,460		1,502,258
MSCI, Inc.		2,651		1,487,131
PayPal Holdings, Inc.(a)		36,409		2,196,919
Visa, Inc., Class A		2,755		778,673
Total Financials				9,211,877
Health Care (5.02%)
AbbVie, Inc.		5,662		996,795
Biogen, Inc.(a)		2,999		650,753
UnitedHealth Group, Inc.		3,209		1,583,962
Vertex Pharmaceuticals, Inc.(a)		1,813		762,802
Total Health Care				3,994,312
Industrials (9.17%)
Fortive Corp.		10,221		870,114
Lockheed Martin Corp.		1,642		703,170
Paycom Software, Inc.		3,852		702,566
TransDigm Group, Inc.		719		846,795
Uber Technologies, Inc.(a)		40,189		3,195,026
United Rentals, Inc.		1,419		983,750
Total Industrials				7,301,421

Security Description	Shares		Value
Information Technology (38.50%)
Akamai Technologies, Inc.(a)	6,172	$	684,598
Apple, Inc.	25,861		4,674,376
Applied Materials, Inc.	9,269		1,868,816
Broadcom, Inc.	740		962,363
Cognizant Technology Solutions Corp., Class A	10,171		803,712
DocuSign, Inc.(a)	31,577		1,682,107
Dropbox, Inc.(a)	50,506		1,209,619
Lam Research Corp.	3,065		2,875,735
Mastercard, Inc., Class A	3,460		1,642,670
Micron Technology, Inc.	21,677		1,964,153
Microsoft Corp.	10,756		4,449,111
Monolithic Power Systems, Inc.	2,633		1,895,865
NVIDIA Corp.	1,488		1,177,187
Palo Alto Networks, Inc.(a)	2,625		815,194
Salesforce, Inc.	6,207		1,916,845
ServiceNow, Inc.(a)	1,055		813,764
Twilio, Inc., Class A(a)	20,284		1,208,724
Total Information Technology			30,644,839
Real Estate (1.19%)
Zillow Group, Inc.(a)	16,799		943,264
TOTAL COMMON STOCKS
(Cost $60,950,875)			73,713,588

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (7.34%)
Money Market Fund (7.34%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		5,838,718		5,838,718
TOTAL SHORT TERM INVESTMENTS
(Cost $5,838,718)						5,838,718
TOTAL INVESTMENTS (99.96%)
(Cost $66,789,593)					$	79,552,306
OTHER ASSETS IN EXCESS OF LIABILITIES (0.04%)						33,232
NET ASSETS - 100.00%					$	79,585,538

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

RiverFront Dynamic Core Income ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Principal Amount		Value
CORPORATE BONDS (75.58%)
Communications  (1.86%)
Charter Communications Operating LLC / Charter Communications Operating Capital
4.91%, 07/23/2025	$	248,000	$	244,597
Comcast Corp.
4.15%, 10/15/2028		249,000		241,646
Total Communications				486,243
Consumer Discretionary  (15.32%)
Ford Motor Co.
9.63%, 04/22/2030		351,000		410,096
Ford Motor Credit Co. LLC
7.35%, 11/04/2027		564,000		590,216
General Motors Financial Co., Inc.
6.40%, 01/09/2033		860,000		894,152
Goodyear Tire & Rubber Co.
4.88%, 03/15/2027		248,000		238,253
Hyatt Hotels Corp.
5.75%, 04/23/2030		860,000		876,504
Marriott International, Inc.
4.00%, 04/15/2028(a)		577,000		552,998
Toyota Motor Credit Corp.
3.95%, 06/30/2025		441,000		434,260
Total Consumer Discretionary				3,996,479
Consumer Staples  (2.85%)
Anheuser-Busch InBev Worldwide, Inc.
4.00%, 04/13/2028		285,000		276,472
Dollar Tree, Inc.
4.00%, 05/15/2025		475,000		466,558
Total Consumer Staples				743,030
Energy  (6.50%)
Hess Midstream Operations LP
4.25%, 02/15/2030(b)		248,000		226,051
Kinetik Holdings LP
6.63%, 12/15/2028(b)		1,000,000		1,013,029
Marathon Oil Corp.
4.40%, 07/15/2027		471,000		457,250
Total Energy				1,696,330
Financials  (28.01%)
Bank of America Corp.
4.25%, 10/22/2026		354,000		346,336
5Y US TI + 3.23%(c)(d)		621,000		622,041
Blue Owl Credit Income Corp.
7.75%, 01/15/2029(b)		1,000,000		1,021,256

Security Description	Principal Amount		Value
Financials (continued)
Citigroup, Inc.
4.45%, 09/29/2027	$	457,000	$	442,743
6.63%, 06/15/2032		147,000		156,431
FNB Corp.
5.15%, 08/25/2025		518,000		508,701
FS KKR Capital Corp.
4.25%, 02/14/2025(b)		479,000		470,266
Goldman Sachs Group, Inc.
5.70%, 11/01/2024		564,000		564,377
Host Hotels & Resorts LP
4.00%, 06/15/2025		314,000		307,517
HSBC Holdings PLC
4.38%, 11/23/2026		457,000		444,674
Iron Mountain, Inc.
4.88%, 09/15/2027(b)		482,000		462,762
JPMorgan Chase & Co.
4.25%, 10/01/2027		294,000		287,814
Morgan Stanley
5.00%, 11/24/2025		524,000		521,020
PNC Financial Services Group, Inc.
5Y US TI + 3.238%(c)(d)		621,000		612,645
Royal Bank of Canada
6.00%, 11/01/2027		524,000		539,503
Total Financials				7,308,086
Health Care  (1.32%)
CVS Health Corp.
4.30%, 03/25/2028		100,000		97,050
HCA, Inc.
5.38%, 09/01/2026		248,000		247,291
Total Health Care				344,341
Industrials  (5.09%)
Boeing Co.
4.88%, 05/01/2025		455,000		450,953
Ingersoll Rand, Inc.
5.70%, 08/14/2033		860,000		875,646
Total Industrials				1,326,599
Materials  (0.95%)
DuPont de Nemours, Inc.
4.73%, 11/15/2028		248,000		246,691
Total Materials				246,691
Technology  (5.36%)
Concentrix Corp.
6.85%, 08/02/2033		860,000		841,520
Micron Technology, Inc.
5.38%, 04/15/2028		555,000		557,977
Total Technology				1,399,497
Utilities  (8.32%)
Dominion Energy, Inc.
4.25%, 06/01/2028		577,000		556,874
Public Service Enterprise Group, Inc.
5.85%, 11/15/2027		564,000		577,785

Security Description	Principal Amount		Value
Utilities (continued)
Southern California Gas Co.
5.20%, 06/01/2033	$	506,000	$	502,200
Vistra Operations Co. LLC
7.75%, 10/15/2031(b)		516,000		534,577
Total Utilities				2,171,436
TOTAL CORPORATE BONDS
(Cost $20,146,533)				19,718,732
GOVERNMENT BONDS (20.41%)
United States Treasury Bond
6.13%, 08/15/2029		860,000		933,873
4.75%, 11/15/2043		2,700,000		2,777,414
4.00%, 11/15/2052		1,123,000		1,049,961
3.63%, 05/15/2053		645,000		563,468
TOTAL GOVERNMENT BONDS
(Cost $5,529,809)				5,324,716

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.74%)
Money Market Fund (2.74%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		713,656		713,656
TOTAL SHORT TERM INVESTMENTS
(Cost $713,656)						713,656
TOTAL INVESTMENTS (98.73%)
(Cost $26,389,998)					$	25,757,104
OTHER ASSETS IN EXCESS OF LIABILITIES (1.27%)						331,200
NET ASSETS - 100.00%					$	26,088,304

Investment Abbreviations:

TI - Treasury Index

Reference Rates:

5Y US TI - 5 Year US TI as of February 29, 2024 was 4.26%

(a)

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 29, 2024, the market value of those securities was $552,998, representing 2.12% of net assets.

(b)

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 $3,727,941, representing 14.29% of net assets.

(c)	Floating or variable rate security. Interest rate resets periodically on specific dates. The rate shown represents the coupon or interest rate in effect as of February 29, 2024. Security description includes the reference rate and spread if published and available.
(d)	Securities are perpetual and thus do not have a predetermined maturity date.

See Notes to Quarterly Schedule of Investments.

RiverFront Dynamic US Dividend Advantage ETF
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Shares		Value
COMMON STOCKS (99.85%)
Communication Services (6.95%)
Alphabet, Inc., Class A(a)		4,128	$	571,563
Alphabet, Inc., Class C(a)		11,866		1,658,630
AT&T, Inc.		41,851		708,537
John Wiley & Sons, Inc., Class A		25,442		848,491
Meta Platforms, Inc., Class A		2,062		1,010,648
TEGNA, Inc.		31,787		445,336
Total Communication Services				5,243,205
Consumer Discretionary (11.43%)
Amazon.com, Inc.(a)		18,353		3,244,076
Booking Holdings, Inc.		448		1,554,036
Ethan Allen Interiors, Inc.		18,551		620,160
H&R Block, Inc.		26,246		1,284,741
Nordstrom, Inc.(b)		32,710		685,929
Perdoceo Education Corp.		38,352		683,049
Upbound Group, Inc.		16,455		555,521
Total Consumer Discretionary				8,627,512
Consumer Staples (3.48%)
Altria Group, Inc.		13,271		542,917
Coca-Cola Co.		9,010		540,780
Philip Morris International, Inc.		3,112		279,956
Vector Group, Ltd.		112,758		1,258,379
Total Consumer Staples				2,622,032
Energy (11.18%)
Antero Midstream Corp.		97,365		1,304,691
Berry Corp.		85,755		604,573
Coterra Energy, Inc.		19,527		503,406
Devon Energy Corp.		9,688		426,853
EnLink Midstream LLC		74,297		916,082
EOG Resources, Inc.		5,105		584,318
Equitrans Midstream Corp.		138,032		1,475,562
Exxon Mobil Corp.		16,833		1,759,385
Kinder Morgan, Inc.		49,771		865,518
Total Energy				8,440,388
Financials (14.76%)
Apollo Commercial Real Estate Finance, Inc.		33,456		375,042
Bank of America Corp.		21,003		725,024
Fidelity National Information Services, Inc.		16,755		1,159,279
First Horizon National Corp.		47,485		669,539
FNB Corp.(b)		33,550		447,557
Fulton Financial Corp.		32,115		494,571
Horizon Bancorp, Inc.		51,379		618,603
New York Community Bancorp, Inc.		41,982		201,094
Old Republic International Corp.		39,769		1,151,710

Security Description	Shares		Value
Financials (continued)
OneMain Holdings, Inc.		13,215	$	624,144
Ready Capital Corp.		44,342		391,540
Starwood Property Trust, Inc.(b)		18,208		371,261
US Bancorp		29,792		1,250,072
Valley National Bancorp		63,686		521,588
Veritex Holdings, Inc.		22,964		450,783
Visa, Inc., Class A		3,746		1,058,769
Western Union Co.		47,107		631,705
Total Financials				11,142,281
Health Care (10.30%)
AbbVie, Inc.		4,055		713,883
Amgen, Inc.		2,140		585,996
Bristol-Myers Squibb Co.		18,361		931,821
Cigna Group		3,720		1,250,441
CVS Health Corp.		19,591		1,456,982
Merck & Co., Inc.		13,512		1,718,051
Pfizer, Inc.		19,157		508,810
Viatris, Inc.		49,355		610,521
Total Health Care				7,776,505
Industrials (4.86%)
3M Co.		5,161		475,431
ACCO Brands Corp.		77,779		434,007
Eagle Bulk Shipping, Inc.		10,348		634,022
Lockheed Martin Corp.		1,206		516,457
MSC Industrial Direct Co. Inc, Class A, Class A		6,082		613,917
Paychex, Inc.		4,340		532,171
Resources Connection, Inc.		33,266		460,069
Total Industrials				3,666,074
Information Technology (25.31%)
Apple, Inc.		31,315		5,660,186
Cisco Systems, Inc.		27,179		1,314,648
Hewlett Packard Enterprise Co.		74,001		1,127,035
International Business Machines Corp.		7,430		1,374,773
Microsoft Corp.		16,254		6,723,305
NVIDIA Corp.		3,662		2,897,082
Total Information Technology				19,097,029
Materials (1.57%)
Greif, Inc.		7,761		496,859
Mercer International, Inc.		75,044		688,904
Total Materials				1,185,763
Real Estate (5.71%)
Camden Property Trust		4,604		434,986
Invitation Homes, Inc.		16,206		552,139
Medical Properties Trust, Inc.(b)		118,694		499,702
Piedmont Office Realty Trust, Inc., Class A		38,853		243,608
SITE Centers Corp.		49,562		673,052
Tanger, Inc.		32,161		926,558

Security Description	Shares		Value
Real Estate (continued)
Universal Health Realty Income Trust		25,192	$	976,946
Total Real Estate				4,306,991
Utilities (4.30%)
Clearway Energy, Inc., Class C		46,934		1,023,161
Evergy, Inc.		8,188		405,633
Public Service Enterprise Group, Inc.		14,959		933,442
Spire, Inc.		14,878		882,563
Total Utilities				3,244,799
TOTAL COMMON STOCKS
(Cost $67,917,509)				75,352,579

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.08%)
Money Market Fund (0.05%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $41,046)	5.28	%		41,046	$	41,046
Investments Purchased with Collateral from Securities Loaned (0.03%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.33%
(Cost $23,850)				23,850		23,850
TOTAL SHORT TERM INVESTMENTS
(Cost $64,896)						64,896
TOTAL INVESTMENTS (99.93%)
(Cost $67,982,405)					$	75,417,475
OTHER ASSETS IN EXCESS OF LIABILITIES (0.07%)						51,787
NET ASSETS - 100.00%					$	75,469,262

(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 $1,589,072.

See Notes to Quarterly Schedule of Investments.

RiverFront Strategic Income Fund
Schedule of Investments
As of February 29, 2024 (Unaudited)
Security Description	Principal Amount		Value
CORPORATE BONDS (73.35%)
Communications  (5.66%)
CCO Holdings LLC / CCO Holdings Capital Corp.
5.50%, 05/01/2026(a)	$	420,000	$	413,017
Charter Communications Operating LLC / Charter Communications Operating Capital
6.15%, 11/10/2026		1,141,000		1,150,953
Netflix, Inc.
4.38%, 11/15/2026		787,000		774,231
Sirius XM Radio, Inc.
5.00%, 08/01/2027(a)		910,000		867,899
T-Mobile USA, Inc.
4.75%, 02/01/2028		1,380,000		1,357,640
Warnermedia Holdings, Inc.
6.41%, 03/15/2026		449,000		448,642
WMG Acquisition Corp.
3.75%, 12/01/2029(a)		787,000		697,846
Total Communications				5,710,228
Consumer Discretionary  (11.87%)
Air Canada
3.88%, 08/15/2026(a)		838,000		794,590
Ford Motor Credit Co. LLC
6.95%, 03/06/2026		962,000		979,400
General Motors Financial Co., Inc.
5.40%, 04/06/2026		900,000		900,521
Goodyear Tire & Rubber Co.
5.00%, 05/31/2026		1,010,000		984,568
Hilton Domestic Operating Co., Inc.
5.75%, 05/01/2028(a)		1,141,000		1,138,831
Hyatt Hotels Corp.
5.75%, 01/30/2027		925,000		936,861
International Game Technology PLC
6.50%, 02/15/2025(a)		226,000		226,484
Lennar Corp.
4.75%, 11/29/2027		930,000		915,226
Marriott International, Inc.
4.90%, 04/15/2029		900,000		889,603
Newell Brands, Inc.
6.38%, 09/15/2027		1,141,000		1,108,898
Nissan Motor Co., Ltd.
3.52%, 09/17/2025(a)		930,000		894,640
PulteGroup, Inc.
5.50%, 03/01/2026		1,232,000		1,234,779
Volkswagen Group of America Finance LLC
6.45%, 11/16/2030(a)		915,000		966,589
Total Consumer Discretionary				11,970,990

Security Description	Principal Amount		Value
Consumer Staples  (1.71%)
Anheuser-Busch InBev Worldwide, Inc.
4.75%, 01/23/2029	$	838,000	$	831,052
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
5.13%, 02/01/2028		910,000		892,270
Total Consumer Staples				1,723,322
Energy  (5.26%)
Columbia Pipelines Holding Co. LLC
6.04%, 08/15/2028(a)		962,000		979,820
DCP Midstream Operating LP
5.38%, 07/15/2025		791,000		790,116
Kinetik Holdings LP
6.63%, 12/15/2028(a)		974,000		986,690
Reliance Industries, Ltd.
4.13%, 01/28/2025(a)		768,000		756,266
Schlumberger Holdings Corp.
3.90%, 05/17/2028(a)		838,000		803,747
Sunoco LP / Sunoco Finance Corp.
7.00%, 09/15/2028(a)		962,000		986,261
Total Energy				5,302,900
Financials  (23.00%)
Aircastle, Ltd.
6.50%, 07/18/2028(a)		981,000		991,072
American Express Co.
5.85%, 11/05/2027		1,024,000		1,051,213
Ares Capital Corp.
7.00%, 01/15/2027		910,000		927,763
Avolon Holdings Funding, Ltd.
6.38%, 05/04/2028(a)		994,000		1,008,517
Banco Santander SA
5.15%, 08/18/2025		910,000		903,315
Bank of America Corp.
4.25%, 10/22/2026		1,266,000		1,238,589
Blackstone Secured Lending Fund
3.63%, 01/15/2026		922,000		878,887
Blue Owl Credit Income Corp.
7.75%, 01/15/2029(a)		910,000		929,343
Capital One Financial Corp.
4.20%, 10/29/2025		838,000		819,302
Citigroup, Inc.
4.45%, 09/29/2027		1,266,000		1,226,503
EPR Properties
4.75%, 12/15/2026		791,000		760,033
FS KKR Capital Corp.
3.40%, 01/15/2026		930,000		879,785
Goldman Sachs Group, Inc.
4.25%, 10/21/2025		1,266,000		1,243,828
HAT Holdings I LLC / HAT Holdings II LLC
3.38%, 06/15/2026(a)		859,000		804,462
Icahn Enterprises LP / Icahn Enterprises Finance Corp.
4.75%, 09/15/2024		989,000		983,694

Security Description	Principal Amount		Value
Financials (continued)
Iron Mountain, Inc.
4.88%, 09/15/2027(a)	$	884,000	$	848,717
JPMorgan Chase & Co.
4.25%, 10/01/2027		1,266,000		1,239,362
KeyBank NA/Cleveland OH
5.85%, 11/15/2027		977,000		963,964
Omega Healthcare Investors, Inc.
5.25%, 01/15/2026		513,000		508,663
Penske Truck Leasing Co. Lp / PTL Finance Corp.
6.05%, 08/01/2028(a)		981,000		1,005,067
Royal Bank of Canada
6.00%, 11/01/2027		1,024,000		1,054,297
SBA Communications Corp.
3.88%, 02/15/2027		1,174,000		1,108,866
Starwood Property Trust, Inc.
4.75%, 03/15/2025		787,000		777,292
VICI Properties LP / VICI Note Co., Inc.
4.25%, 12/01/2026(a)		1,099,000		1,052,530
Total Financials				23,205,064
Health Care  (2.13%)
DaVita, Inc.
4.63%, 06/01/2030(a)		884,000		778,528
GE HealthCare Technologies, Inc.
5.60%, 11/15/2025		977,000		980,537
HCA, Inc.
5.38%, 02/01/2025		396,000		394,674
Total Health Care				2,153,739
Industrials  (6.58%)
Boeing Co.
4.88%, 05/01/2025		930,000		921,729
L3Harris Technologies, Inc.
5.40%, 07/31/2033		1,222,000		1,222,835
MasTec, Inc.
4.50%, 08/15/2028(a)		854,000		800,972
Sensata Technologies BV
5.00%, 10/01/2025(a)		787,000		780,335
Stericycle, Inc.
5.38%, 07/15/2024(a)		792,000		792,099
TransDigm, Inc.
6.25%, 03/15/2026(a)		10,000		9,995
United Rentals North America, Inc.
6.00%, 12/15/2029(a)		962,000		963,711
WESCO Distribution, Inc.
7.13%, 06/15/2025(a)		1,137,000		1,145,134
Total Industrials				6,636,810
Materials  (8.09%)
Alcoa Nederland Holding BV
4.13%, 03/31/2029(a)		1,033,000		947,235
ArcelorMittal SA
6.55%, 11/29/2027		977,000		1,017,062

Security Description	Principal Amount		Value
Materials (continued)
Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.
5.25%, 04/30/2025(a)	$	1,006,000	$	995,636
Berry Global, Inc.
4.88%, 07/15/2026(a)		888,000		868,123
Celanese US Holdings LLC
6.55%, 11/15/2030		981,000		1,019,945
Freeport-McMoRan, Inc.
5.00%, 09/01/2027		441,000		434,084
Methanex Corp.
5.13%, 10/15/2027		815,000		783,998
Novelis Corp.
3.25%, 11/15/2026(a)		791,000		734,532
Sasol Financing USA LLC
4.38%, 09/18/2026		513,000		479,598
Standard Industries, Inc.
5.00%, 02/15/2027(a)		910,000		877,204
Total Materials				8,157,417
Technology  (3.52%)
CDW LLC / CDW Finance Corp.
3.57%, 12/01/2031		787,000		683,769
Concentrix Corp.
6.60%, 08/02/2028		1,380,000		1,387,088
Gen Digital, Inc.
5.00%, 04/15/2025(a)		651,000		645,115
Microchip Technology, Inc.
4.25%, 09/01/2025		854,000		838,189
Total Technology				3,554,161
Utilities  (5.53%)
American Electric Power Co., Inc.
5.75%, 11/01/2027		1,024,000		1,045,060
AmeriGas Partners LP / AmeriGas Finance Corp.
5.88%, 08/20/2026		859,000		833,238
Calpine Corp.
5.25%, 06/01/2026(a)		420,000		414,181
NextEra Energy Operating Partners LP
4.25%, 07/15/2024(a)		1,138,000		1,124,623
NRG Energy, Inc.
6.63%, 01/15/2027		270,000		270,316
5.75%, 01/15/2028(b)		910,000		897,684
Vistra Operations Co. LLC
7.75%, 10/15/2031(a)		962,000		996,634
Total Utilities				5,581,736
TOTAL CORPORATE BONDS
(Cost $76,057,713)				73,996,367
GOVERNMENT BONDS (21.30%)
U.S. Treasury Note
2.88%, 06/15/2025		79,000		77,011
3.25%, 06/30/2029		89,000		84,620
4.00%, 07/31/2030		1,957,000		1,925,581

Security Description	Principal Amount		Value
United States Treasury Bond
6.13%, 08/15/2029	$	2,295,000	$	2,492,137
3.25%, 05/15/2042		5,756,000		4,839,762
4.75%, 11/15/2043		4,402,000		4,528,213
4.00%, 11/15/2052		8,070,000		7,545,135
TOTAL GOVERNMENT BONDS
(Cost $23,392,728)				21,492,459

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (3.13%)
Money Market Fund (3.13%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		3,156,407		3,156,407
TOTAL SHORT TERM INVESTMENTS
(Cost $3,156,407)						3,156,407
TOTAL INVESTMENTS (97.78%)
(Cost $102,606,848)					$	98,645,233
OTHER ASSETS IN EXCESS OF LIABILITIES (2.22%)						2,242,329
NET ASSETS - 100.00%					$	100,887,562

(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 $30,026,445, representing 29.76% of net assets.
(b)	Represents a security purchased on a when-issued basis.

See Notes to Quarterly Schedule of Investments.

ALPS ETF Trust

Notes to Quarterly Schedules of Investments

February 29, 2024 (Unaudited)

1. Portfolio Valuation

Shares of the ALPS Active REIT ETF and the Level Four Large Cap Growth Active ETF are listed on the NASDAQ Stock Market LLC (“NASDAQ”). Shares of the ALPS | O’Shares Europe Quality Dividend ETF, the ALPS | O’Shares Global Internet Giants ETF, the ALPS | O’Shares U.S. Quality Dividend ETF and ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF are listed on the Cboe BZX Exchange, Inc. (the “Cboe BZX”). Shares of the Alerian Energy Infrastructure ETF, the Alerian MLP ETF, the ALPS Active Equity Opportunity ETF, the ALPS Clean Energy ETF, the ALPS Disruptive Technologies ETF, the ALPS Emerging Sector Dividend Dogs ETF, the ALPS Equal Sector Weight ETF, the ALPS Global Travel Beneficiaries ETF, the ALPS Intermediate Municipal Bond ETF, the ALPS International Sector Dividend Dogs ETF, the ALPS Medical Breakthroughs ETF, the ALPS REIT Dividend Dogs ETF, the ALPS Sector Dividend Dogs ETF, the ALPS | Smith Core Plus Bond ETF, the Barron’s 400^SM ETF, the RiverFront Dynamic Core Income ETF, the RiverFront Dynamic US Dividend Advantage ETF, and the RiverFront Strategic Income Fund (each a “Fund” and along with ALPS Active REIT ETF, Level Four Large Cap Growth Active ETF, ALPS | O’Shares Europe Quality Dividend ETF, ALPS | O’Shares Global Internet Giants ETF, ALPS | O’Shares U.S. Quality Dividend ETF, ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF, collectively, the “Funds”) are listed on the New York Stock Exchange Arca, Inc. (“NYSE”). 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 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.

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”). Pursuant to Rule 2a-5 under the 1940 Act, the Board designated ALPS Advisors, Inc. (the "Adviser") as the valuation designee ("Valuation Designee") for each Fund to perform the fair value determinations relating to Fund investments. The Adviser may carry out its designated responsibilities as Valuation Designee through various teams and committees. When market quotations are not readily available or when events occur that make established valuation methods unreliable, securities of the Funds may be valued in good faith by the Valuation Designee. 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 a 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 29, 2024:

Alerian Energy Infrastructure ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Canadian Energy Infrastructure Companies*	$	33,119,906	$	–	$	–	$	33,119,906
Exchange Traded Fund		1,472,994		–		–		1,472,994
U.S. Energy Infrastructure Companies*		40,020,119		–		–		40,020,119
U.S. Energy Infrastructure MLPs*		35,344,596		–		–		35,344,596
U.S. General Partners*		21,838,434		–		–		21,838,434
Short Term Investments		769,612		–		–		769,612
Total	$	132,565,661	$	–	$	–	$	132,565,661

Alerian MLP ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Master Limited Partnerships*	$	8,303,330,211	$	–	$	–	$	8,303,330,211
Short Term Investments		4,493,577		–		–		4,493,577
Total	$	8,307,823,788	$	–	$	–	$	8,307,823,788

ALPS Active Equity Opportunity ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	22,220,600	$	–	$	–	$	22,220,600
Short Term Investments		1,215,384		–		–		1,215,384
Total	$	23,435,984	$	–	$	–	$	23,435,984

ALPS Active REIT ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	22,992,042	$	–	$	–	$	22,992,042
Short Term Investments		416,281		–		–		416,281
Total	$	23,408,323	$	–	$	–	$	23,408,323

ALPS Clean Energy ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	212,940,869	$	–	$	–	$	212,940,869
Master Limited Partnerships*		19,171,234		–		–		19,171,234
Short Term Investments		26,259,999		–		–		26,259,999
Total	$	258,372,102	$	–	$	–	$	258,372,102

ALPS Disruptive Technologies ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	103,178,487	$	–	$	–	$	103,178,487
Master Limited Partnerships*		873,937		–		–		873,937
Short Term Investments		136,443		–		–		136,443
Total	$	104,188,867	$	–	$	–	$	104,188,867

ALPS Emerging Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*
Russia	$	–	$	–	$	1,233	$	1,233
Other*		25,881,347		–		–		25,881,347
Short Term Investments		543,851		–		–		543,851
Total	$	26,425,198	$	–	$	1,233	$	26,426,431

ALPS Equal Sector Weight ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Exchange Traded Funds*	$	321,877,350	$	–	$	–	$	321,877,350
Short Term Investments		49,069,993		–		–		49,069,993
Total	$	370,947,343	$	–	$	–	$	370,947,343

ALPS Global Travel Beneficiaries ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	6,953,416	$	–	$	–	$	6,953,416
Short Term Investments		21,716		–		–		21,716
Total	$	6,975,132	$	–	$	–	$	6,975,132

ALPS Intermediate Municipal Bond ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Government Bonds*	$	–	$	1,793,428	$	–	$	1,793,428
Municipal Bonds*		–		30,194,128		–		30,194,128
Short Term Investments		54,049		–		–		54,049
Total	$	54,049	$	31,987,556	$	–	$	32,041,605

ALPS International Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	260,040,867	$	–	$	–	$	260,040,867
Short Term Investments		6,152,301		–		–		6,152,301
Total	$	266,193,168	$	–	$	–	$	266,193,168

ALPS Medical Breakthroughs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	119,049,360	$	–	$	–	$	119,049,360
Short Term Investments		4,439,164		–		–		4,439,164
Total	$	123,488,524	$	–	$	–	$	123,488,524

ALPS | O'Shares Europe Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	36,481,082	$	–	$	–	$	36,481,082
Short Term Investments		94,605		–		–		94,605
Total	$	36,575,687	$	–	$	–	$	36,575,687

ALPS | O'Shares Global Internet Giants ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	147,505,948	$	–	$	–	$	147,505,948
Total	$	147,505,948	$	–	$	–	$	147,505,948

ALPS | O'Shares U.S. Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	738,731,970	$	–	$	–	$	738,731,970
Short Term Investments		71,074		–		–		71,074
Total	$	738,803,044	$	–	$	–	$	738,803,044

ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	529,345,073	$	–	$	–	$	529,345,073
Short Term Investments		249,493		–		–		249,493
Total	$	529,594,566	$	–	$	–	$	529,594,566

ALPS REIT Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	11,570,282	$	–	$	–	$	11,570,282
Short Term Investments		35,706		–		–		35,706
Total	$	11,605,988	$	–	$	–	$	11,605,988

ALPS Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	1,119,048,493	$	–	$	–	$	1,119,048,493
Short Term Investments		345,648		–		–		345,648
Total	$	1,119,394,141	$	–	$	–	$	1,119,394,141

ALPS | Smith Core Plus Bond ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Bank Loan*	$	–	$	6,969,510	$	–	$	6,969,510
Collateralized Mortgage Obligations*		–		17,046,503		–		17,046,503
Commercial Mortgage-Backed Securities*		–		407,393		–		407,393
Mortgage-Backed Securities*		–		23,263,065		–		23,263,065
Corporate Bonds*		57,058		202,471,783		–		202,528,841
Government Bonds*		–		239,377,747		–		239,377,747
Preferred Stock*		1,089,390		6,370,632		–		7,460,022
Short Term Investments		29,704,499		–		–		29,704,499
Total	$	30,850,947	$	495,906,633	$	–	$	526,757,580

Barron's 400 ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	135,177,791	$	–	$	–	$	135,177,791
Limited Partnerships*		2,915,349		–		–		2,915,349
Short Term Investments		977,383		–		–		977,383
Total	$	139,070,523	$	–	$	–	$	139,070,523

Level Four Large Cap Growth Active ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	73,713,588	$	–	$	–	$	73,713,588
Short Term Investments		5,838,718		–		–		5,838,718
Total	$	79,552,306	$	–	$	–	$	79,552,306

RiverFront Dynamic Core Income ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	19,718,732	$	–	$	19,718,732
Government Bonds*		–		5,324,716		–		5,324,716
Short Term Investments		713,656		–		–		713,656
Total	$	713,656	$	25,043,448	$	–	$	25,757,104

RiverFront Dynamic US Dividend Advantage ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	75,352,579	$	–	$	–	$	75,352,579
Short Term Investments		64,896		–		–		64,896
Total	$	75,417,475	$	–	$	–	$	75,417,475

RiverFront Strategic Income Fund
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	73,996,367	$	–	$	73,996,367
Government Bonds*		–		21,492,459		–		21,492,459
Short Term Investments		3,156,407		–		–		3,156,407
Total	$	3,156,407	$	95,488,826	$	–	$	98,645,233

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

The Funds, except for the ALPS Emerging Sector Dividend Dogs ETF, did not have any securities that used significant unobservable inputs (Level 3) in determining fair value and there were no transfers into or out of Level 3 during the three months ended February 29, 2024.  As of February 29, 2024, the ALPS Emerging Sector Dividend Dogs ETF held securities classified as Level 3 in the fair value hierarchy valued at $1,233, which represents 0.01% of net assets.

3. Lending of Portfolio Securities

Alerian Energy Infrastructure ETF, ALPS Active Equity Opportunity ETF, ALPS Active REIT ETF, ALPS Clean Energy ETF, ALPS Disruptive Technologies ETF, ALPS Emerging Sector Dividend Dogs ETF, ALPS Equal Sector Weight ETF, ALPS Global Travel Beneficiaries ETF, ALPS International Sector Dividend Dogs ETF, ALPS Medical Breakthroughs ETF, ALPS | O’Shares Europe Quality Dividend ETF, ALPS | O’Shares Global Internet Giants ETF, ALPS | O’Shares U.S. Quality Dividend ETF, ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF, ALPS REIT Dividend Dogs ETF, ALPS Sector Dividend Dogs ETF, Barron’s 400^SM ETF, Level Four Large Cap Growth Active ETF, and RiverFront Dynamic US Dividend Advantage ETF 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 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 29, 2024:

Fund	Market Value of Securities on Loan		Cash Collateral Received		Non-Cash Collateral Received		Total Collateral Received
Alerian Energy Infrastructure ETF	$	867,541	$	743,483	$	207,189	$	950,672
ALPS Active Equity Opportunity ETF		820,596		433,339		407,630		840,969
ALPS Clean Energy ETF		64,277,094		25,865,942		41,336,526		67,202,468
ALPS Disruptive Technologies ETF		1,654,790		136,443		1,577,709		1,714,152
ALPS Emerging Sector Dividend Dogs ETF		903,895		484,443		469,838		954,281
ALPS Equal Sector Weight ETF		50,907,408		49,062,752		2,891,903		51,954,655
ALPS Global Travel Beneficiaries ETF		43,225		12,548		32,484		45,032
ALPS International Sector Dividend Dogs ETF		13,227,181		6,008,182		7,854,237		13,862,419
ALPS Medical Breakthroughs ETF		13,945,934		4,352,837		10,287,201		14,640,038
ALPS REIT Dividend Dogs ETF		260,280		729		259,368		260,097
Barron's 400 ETF		6,986,841		641,940		6,453,419		7,095,359
RiverFront Dynamic US Dividend Advantage ETF		1,589,072		23,850		1,602,846		1,626,696

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

Distributions received from the Alerian MLP ETF (the “Alerian Fund”) investments in Master Limited Partnerships (“MLPs”) may be comprised of both income and return of capital. 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 29, 2024, the Alerian MLP ETF held shares in the following affiliates, as defined by the Investment Company Act of 1940:

Security Name	Share Balance as of February 29, 2024		Market Value as of November 30, 2023		Purchases		Purchases In-Kind		Sales			Market Value as of February 29, 2024		Dividends*		Change in  Appreciation/ (Depreciation)			Realized Gain/(Loss)
EnLink Midstream LLC		41,303,566	$	587,354,365	$	-	$	24,469,624	$	(43,984,655	)	$	509,272,969	$	-	$	(50,742,704	)	$	(2,396,823	)
Genesis Energy LP		18,938,858		241,891,872		-		10,488,335		(14,026,180	)		218,175,644		-		(16,759,477	)		(593,116	)
Global Partners LP		4,480,014		-		177,043,315		6,243,044		(4,955,321	)		208,903,053		-		33,656,926			42,576
Hess Midstream LP, Class A		11,699,639		387,826,559		-		17,893,450		(24,203,211	)		398,840,693		-		25,198,705			(476,860	)
NuStar Energy LP		19,976,248		387,503,318		-		19,202,368		(24,709,206	)		471,838,978		-		98,545,680			(737,442	)
Plains All American Pipeline LP		61,428,775		1,094,573,909		-		46,517,685		(156,542,888	)		1,008,660,486		-		50,459,816			(6,912,048	)
Suburban Propane Partners LP		10,866,759		-		187,875,603		6,443,789		(4,979,936	)		226,028,587		-		40,256,028			(47,252	)
Sunoco LP		9,602,501		-		538,921,217		17,769,698		(14,445,573	)		589,401,511		-		55,118,853			97,501
USA Compression Partners LP		8,873,729		-		217,427,369		6,861,407		(5,342,548	)		221,577,013		-		7,452,593			(214,548	)
Western Midstream Partners LP		32,524,425		1,024,380,576		-		45,360,392		(95,593,025	)		1,087,942,016		-		131,456,968			997,670
												$	4,940,640,950	$	-	$	374,643,388		$	(10,240,342	)

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