Schedule of Investments

ARK Autonomous Technology & Robotics ETF

April 30, 2022 (Unaudited)

Investments	Shares		Value
COMMON STOCKS–99.9%
Aerospace & Defense - 18.6%
AeroVironment, Inc.*		782,398	$	62,842,207
Archer Aviation, Inc., Class A*†		8,604,062		39,664,726
Elbit Systems Ltd. (Israel)		151,392		32,453,903
Kratos Defense & Security Solutions, Inc.*†		6,667,624		101,147,856
Lockheed Martin Corp.		31,591		13,651,103
Total Aerospace & Defense				249,759,795
Airlines - 4.1%
Blade Air Mobility, Inc.*†		6,312,109		54,347,259
Auto Components - 1.8%
Magna International, Inc. (Canada)		398,474		24,016,028
Automobiles - 15.9%
BYD Co. Ltd. (China)(a)		471,831		27,333,170
Nio, Inc. (China)*(a)		411,335		6,869,295
Niu Technologies (China)*(a)		2,511,826		23,987,938
Tesla, Inc.*		148,949		129,698,831
XPeng, Inc., Class A (China)*(a)		1,001,859		24,655,750
Total Automobiles				212,544,984
Biotechnology - 0.0%(b)
Organovo Holdings, Inc.*		99,616		285,898
Diversified Consumer Services - 0.5%
2U, Inc.*		703,853		7,024,453
Diversified Telecommunication - 4.6%
Iridium Communications, Inc.*		1,742,054		62,208,748
Electronic Equipment, Instruments & Components - 9.0%
Teledyne Technologies, Inc.*		39,209		16,920,644
Trimble, Inc.*		1,554,715		103,699,491
Total Electronic Equipment, Instruments & Components				120,620,135
Health Care Equipment & Services - 0.9%
Intuitive Surgical, Inc.*		47,484		11,362,921
Household Durables - 1.1%
Vuzix Corp.*		2,735,214		14,141,056
Interactive Media & Services - 3.7%
Alphabet, Inc., Class C*		12,032		27,665,539
Baidu, Inc. (China)*(a)		173,462		21,538,776
Total Interactive Media & Services				49,204,315
Machinery - 17.3%
Caterpillar, Inc.		109,161		22,982,757
Deere & Co.		172,079		64,968,427
Komatsu Ltd. (Japan)(a)		2,871,371		64,763,773
Markforged Holding Corp.*†		10,465,336		35,686,796
Proto Labs, Inc.*		463,069		19,731,370
Velo3D Inc.*		6,782,359		23,738,256
Total Machinery				231,871,379
Road & Rail - 2.3%
TuSimple Holdings, Inc., Class A*		3,005,173		31,163,644
Semiconductors & Semiconductor Equipment - 2.9%
Teradyne, Inc.		366,270		38,626,834
Software - 11.5%
ANSYS, Inc.*		54,211		14,945,430
Materialise NV (Belgium)*(a)		1,124,861		17,547,832
Matterport, Inc.*		523,720		3,006,153
Synopsys, Inc.*		55,263		15,848,876
UiPath, Inc., Class A*		3,924,762		69,978,506
Unity Software, Inc.*		484,921		32,203,604
Total Software				153,530,401
Technology Hardware, Storage & Peripherals - 5.7%
3D Systems Corp.*		3,104,866		35,209,181
Nano Dimension Ltd. (Israel)*(a)		7,404,268		21,028,121
Stratasys Ltd.*		1,030,619		19,983,702
Total Technology Hardware, Storage & Peripherals				76,221,004
Total Common Stocks (Cost $2,093,584,446)				1,336,928,854
MONEY MARKET FUND–0.1%
Dreyfus Government Cash Management Fund, Institutional Shares, 0.24% (c) (Cost $1,253,794)		1,253,794		1,253,794
Total Investments–100.0% (Cost $2,094,838,240)				1,338,182,648
Liabilities in Excess of Other Assets–(0.0)%(b)				(134,410	)
Net Assets–100.0%			$	1,338,048,238

Schedule of Investments (continued)

ARK Autonomous Technology & Robotics ETF

April 30, 2022 (Unaudited)

Affiliated Issuer Transactions

A summary of the Fund’s period to date transactions with companies which are or were affiliated issuers during the period are as follows:

	Value ($) at 7/31/2021		Purchases Cost ($)		Sales Proceeds ($)			Net Realized Gain/(Loss) ($)			Net Change in Unrealized Appreciation (Depreciation) ($)			Dividend Income ($)		Capital Gain Distributions ($)		Number of Shares at 4/30/2022		Value ($) at 4/30/2022
Common Stocks — 19.0%
Aerospace & Defense — 10.5%
Archer Aviation, Inc.
	28,560,815			58,941,937		(16,020,376	)		(1,562,622	)		(30,255,028	)		–		–		8,604,062	39,664,726
Kratos Defense & Security Solutions, Inc.
	192,932,864			56,505,655		(59,186,852	)		(7,442,060	)		(81,661,751	)		–		–		6,667,624	101,147,856
Airlines — 4.1%
Blade Air Mobility, Inc.
	29,954,012			39,531,320		(17,571,821	)		989,752			1,443,996			–		–		6,312,109	54,347,259
Machinery — 4.4%
Markforged Holding Corp.
	28,017,642			83,135,492		(19,771,072	)		(645,835	)		(55,049,431	)		–		–		10,465,336	35,686,796
Velo3D Inc.
	26,430,752			50,647,158		(14,362,350	)		646,795			(39,624,099	)		–		–		–	–
	$	305,896,085	$	288,761,562	$	(126,912,471	)	$	(8,013,970	)	$	(205,146,313	)	$	–	$	–		32,049,131	$	230,846,637

†	Affiliated security
*	Non-income producing security
(a)	American Depositary Receipt
(b)	Less than 0.05%
(c)	Rate shown represents annualized 7-day yield as of April 30, 2022.

Fair Value Measurement

The Fund discloses the fair value of its investments in a hierarchy that distinguishes between: (i) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (ii) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:

• Level 1 — Quoted prices in active markets for identical assets. 

• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). 

• Level 3 — Significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the valuations as of April 30, 2022, based upon the three levels defined above:

ARK Autonomous Technology & Robotics ETF	Level 1		Level 2		Level 3		Total
Assets
Common Stocks‡	$	1,336,928,854	$	–	$	–	$	1,336,928,854
Money Market Fund		1,253,794		–		–		1,253,794
Total	$	1,338,182,648	$	–	$	–	$	1,338,182,648

‡ Please refer to the Schedule of Investments to view securities segregated by industry type.