WBI BullBear Quality 3000 ETF

Schedule of Investments

September 30, 2021 (Unaudited)

Shares		Security Description	Value
		COMMON STOCKS - 83.4%
		Banks - 4.4%
	30,941	US Bancorp	$	1,839,133
		Capital Goods - 4.8%
	9,019	L3Harris Technologies, Inc.		1,986,344
		Diversified Financials - 5.6%
	14,704	Evercore, Inc. - Class A		1,965,483
	4,107	Houlihan Lokey, Inc.		378,255
				2,343,738
		Energy - 8.0%
	26,343	EOG Resources, Inc.		2,114,553
	73,981	Kinder Morgan, Inc.		1,237,702
				3,352,255
		Food, Beverage & Tobacco - 4.3%
	22,692	Tyson Foods, Inc. - Class A		1,791,306
		Insurance - 13.2%
	15,810	Cincinnati Financial Corp.		1,805,818
	25,073	Hartford Financial Services Group, Inc.		1,761,378
	12,796	Marsh & McLennan Companies, Inc.		1,937,699
				5,504,895
		Materials - 8.5%
	38,459	CRH PLC - ADR(c)		1,797,574
	6,252	Sherwin-Williams Company		1,748,872
				3,546,446
		Media & Entertainment - 5.8%
	3,752	Facebook, Inc. *		1,273,391
	1,884	Netflix, Inc. *		1,149,881
				2,423,272
		Pharmaceuticals, Biotechnology & Life Sciences - 4.1%
	16,024	AbbVie, Inc.		1,728,509
		Retailing - 14.9%
	316	Amazon.com, Inc. *		1,038,073
	5,340	Home Depot, Inc.		1,752,908
	11,238	Ross Stores, Inc.		1,223,256
	1,849	Tractor Supply Company		374,626
	10,439	Williams-Sonoma, Inc.		1,851,148
				6,240,011
		Semiconductors & Semiconductor Equipment - 4.2%
	9,151	Texas Instruments, Inc.		1,758,914
		Software & Services - 5.6%
	4,335	Microsoft Corporation		1,222,123
	819	Shopify, Inc. - ADR,*(c)		1,110,384
				2,332,507
		TOTAL COMMON STOCKS (Cost $35,149,995)		34,847,330
		REITS - 2.8%
		Real Estate - 2.8%
	27,078	Iron Mountain, Inc. +		1,176,539
		TOTAL REITS (Cost $831,720)		1,176,539

Shares/Amount		Security Description	Value
		SHORT TERM INVESTMENTS - 4.9%
	2,045,981	U.S. Bank Money Market Deposit Account, 0.00% (d)		2,045,981
		TOTAL SHORT TERM INVESTMENTS (Cost $2,045,981)		2,045,981
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 2.8%
	1,164,011	Mount Vernon Liquid Assets Portfolio, LLC, 0.09% (a)(b)		1,164,011
		TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $1,164,011)		1,164,011
		TOTAL INVESTMENTS - 93.9% (Cost $39,191,707)		39,233,861
		Other Assets in Excess of Liabilities - 6.1%		2,552,517
		NET ASSETS - 100.0%	$	41,786,378

PLC Public Limited Company

ADR American Depository Receipt

* Non-income producing security.

+ All or portion of this security is on loan as of September 30, 2021. Total value of securities on loan is $1,117,708.

(a) The rate quoted is the annualized seven-day yield as of September 30, 2021.

(b) Privately offered liquidity fund.

(c) Foreign issued security. Foreign concentration is as follows: Ireland: 4.30%, Canada: 2.66%.

(d) Rounded to 0.00

The Global Industry Classification Standard (GICS^®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.

The accompanying notes are an integral part of these schedules of investments.