Creations and Redemptions (Tables)

6 Months Ended

Dec. 31, 2019

Creations and Redemptions [Abstract]

Schedule of share transactions

SIT RISING RATE ETF

Summary of Share Transactions for the Three Months Ended December 31, 2019
	Shares			Net Assets Decrease
Shares Sold		—		$	—
Shares Redeemed		(25,000	)		(577,766	)
Net Decrease		(25,000	)	$	(577,766	)

Summary of Share Transactions for the Three Months Ended December 31, 2018
	Shares			Net Assets Increase
Shares Sold		500,000		$	12,510,953
Shares Redeemed		(475,000	)		(11,687,830	)
Net Increase		25,000		$	823,123

Summary of Share Transactions for the Six Months Ended December 31, 2019
	Shares			Net Assets Decrease
Shares Sold		—		$	—
Shares Redeemed		(275,000	)		(6,331,666	)
Net Decrease		(275,000	)	$	(6,331,666	)

Summary of Share Transactions for the Six Months Ended December 31, 2018
	Shares			Net Assets Increase
Shares Sold		775,000		$	24,297,005
Shares Redeemed		(525,000	)		(14,163,400	)
Net Increase		250,000		$	10,133,605

BREAKWAVE DRY BULK SHIPPING ETF

Summary of Share Transactions for the Three Months Ended December 31, 2019
	Shares			Net Assets Increase
Shares Sold		75,000		$	1,151,130
Shares Redeemed		(25,000	)		(431,515	)
Net Increase		50,000		$	719,615

Summary of Share Transactions for the Three Months Ended December 31, 2018
	Shares		Net Assets Increase
Shares Sold		—	$	—
Shares Redeemed		—		—
Net Increase		—	$	—

Summary of Share Transactions for the Six Months Ended December 31, 2019
	Shares			Net Assets Decrease
Shares Sold		75,000		$	1,151,130
Shares Redeemed		(250,000	)		(4,121,777	)
Net Decrease		(175,000	)	$	(2,970,647	)

Summary of Share Transactions for the Six Months Ended December 31, 2018
	Shares		Net Assets Increase
Shares Sold		—	$	—
Shares Redeemed		—		—
Net Increase		—	$	—