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          <ccc>XXXXXXXX</ccc>
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      <regStreet1>331 Newman Springs Rd</regStreet1>
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      <regCity>Red Bank</regCity>
      <regStateConditional regCountry="US" regState="US-NJ"/>
      <regZipOrPostalCode>07701</regZipOrPostalCode>
      <regPhone>732-842-4920</regPhone>
      <seriesName>WBI Power Factor High Dividend ETF</seriesName>
      <seriesId>S000055583</seriesId>
      <seriesLei>549300VJU1UYTLVXL958</seriesLei>
      <repPdEnd>2024-06-30</repPdEnd>
      <repPdDate>2023-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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        <title>ONEOK Inc</title>
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      <invstOrSec>
        <name>OneMain Holdings Inc</name>
        <lei>549300E3VEW8SMS5XW09</lei>
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      <invstOrSec>
        <name>Organon &amp; Co</name>
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      <invstOrSec>
        <name>Pacific Premier Bancorp Inc</name>
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        <title>Pacific Premier Bancorp Inc</title>
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      <invstOrSec>
        <name>Viatris Inc</name>
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      <invstOrSec>
        <name>Western Union Co/The</name>
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          <isin value="US9598021098"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Zions Bancorp NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA</title>
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          <isin value="US9897011071"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Mount Vernon Liquid Assets Portfolio, LLC</name>
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          <other otherDesc="USER DEFINED" value="990VR1110"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>PF</issuerCat>
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      <invstOrSec>
        <name>Invesco Ltd</name>
        <lei>ECPGFXU8A2SHKVVGJI15</lei>
        <title>Invesco Ltd</title>
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          <isin value="BMG491BT1088"/>
          <ticker value="IVZ"/>
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      <invstOrSec>
        <name>LyondellBasell Industries NV</name>
        <lei>BN6WCCZ8OVP3ITUUVN49</lei>
        <title>LyondellBasell Industries NV</title>
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          <isin value="NL0009434992"/>
          <ticker value="LYB"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Associated Banc-Corp</name>
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        <title>Associated Banc-Corp</title>
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          <isin value="US0454871056"/>
          <ticker value="ASB"/>
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      <invstOrSec>
        <name>BankUnited Inc</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
        <title>BankUnited Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Best Buy Co Inc</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>Best Buy Co Inc</title>
        <cusip>086516101</cusip>
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          <ticker value="BBY"/>
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        <name>CVR Energy Inc</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy Inc</title>
        <cusip>12662P108</cusip>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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          <ticker value="C"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group Inc</title>
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          <ticker value="CFG"/>
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        <name>Clearway Energy Inc</name>
        <lei>549300LHAZ9HA9G3XC48</lei>
        <title>Clearway Energy Inc</title>
        <cusip>18539C204</cusip>
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          <ticker value="CWEN"/>
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        <name>Comerica Inc</name>
        <lei>I9Q57JVPWHHZ3ZGBW498</lei>
        <title>Comerica Inc</title>
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          <ticker value="CMA"/>
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        <name>Cracker Barrel Old Country Sto</name>
        <lei>8P4PHQIUWPIECBFBW745</lei>
        <title>Cracker Barrel Old Country Store Inc</title>
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          <ticker value="CBRL"/>
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        <assetCat>EC</assetCat>
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        <name>Dow Inc</name>
        <lei>5493003S21INSLK2IP73</lei>
        <title>Dow Inc</title>
        <cusip>260557103</cusip>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Eagle Bancorp Inc</name>
        <lei>549300B47NZODRMG3D47</lei>
        <title>Eagle Bancorp Inc</title>
        <cusip>268948106</cusip>
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          <isin value="US2689481065"/>
          <ticker value="EGBN"/>
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        <assetCat>EC</assetCat>
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        <name>PNC Financial Services Group I</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Plains GP Holdings LP</name>
        <lei>549300O56BSKRD8FAM12</lei>
        <title>Plains GP Holdings LP</title>
        <cusip>72651A207</cusip>
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          <isin value="US72651A2078"/>
          <ticker value="PAGP"/>
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        <balance>55186.000000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Provident Financial Services I</name>
        <lei>529900JOSO3SXEDVE477</lei>
        <title>Provident Financial Services Inc</title>
        <cusip>74386T105</cusip>
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          <ticker value="PFS"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Prudential Financial Inc</name>
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        <name>Regions Financial Corp</name>
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        <name>Simmons First National Corp</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sinclair Inc</name>
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        <name>Synovus Financial Corp</name>
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      <invstOrSec>
        <name>Truist Financial Corp</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US BANK MMDA - USBFS 2</name>
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          <other otherDesc="USER DEFINED" value="8AMMF0A76"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>US Bancorp</name>
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        <title>US Bancorp</title>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Valley National Bancorp</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
        <cusip>92343V104</cusip>
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          <isin value="US92343V1044"/>
          <ticker value="VZ"/>
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        <valUSD>4526073.500000000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-02-16</ncom:dateSigned>
      <ncom:nameOfApplicant>Absolute Shares Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/Steven Van Solkema</ncom:signature>
      <ncom:signerName>Steven Van Solkema</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
