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Combined Statements of Changes in Net Assets (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
SIT RISING RATE ETF        
Net Assets at Beginning of Period $ 6,218,812 $ 62,196,525 $ 11,920,149 $ 51,774,988
Increase (decrease) in Net Assets from share transactions        
Addition of shares   12,510,953 24,297,005
Redemption of shares (577,766) (11,687,830) (6,331,666) (14,163,400)
Net Increase in Net Assets from share transactions (577,766) 823,123 (6,331,666) 10,133,605
Increase in Net Assets from operations        
Net investment income (loss) 14,545 182,560 36,500 301,309
Net realized gain (loss) (306,211) 266,684 (252,728) (456,707)
Change in net unrealized gain (loss) 391,106 (3,327,205) 368,231 (1,611,508)
Net Increase (decrease) in Net Assets from operations 99,440 (2,877,961) 152,003 (1,766,906)
Net Assets at End of Period 5,740,486 60,141,687 5,740,486 60,141,687
BREAKWAVE DRY BULK SHIPPING ETF        
Net Assets at Beginning of Period 1,965,548 3,403,193 4,308,262 3,297,789
Increase (decrease) in Net Assets from share transactions        
Addition of shares 1,151,130 1,151,130
Redemption of shares (431,515)   (4,121,777)
Net Increase in Net Assets from share transactions 719,615   (2,970,647)
Increase in Net Assets from operations        
Net investment income (loss) (16,692) (17,933) (35,620) (45,213)
Net realized gain (loss) (243,845) (737,508) 338,181 (434,239)
Change in net unrealized gain (loss) (117,845) 137,005 666,605 (33,580)
Net Increase (decrease) in Net Assets from operations (378,382) (618,436) 969,166 (513,032)
Net Assets at End of Period 2,306,781 2,784,757 2,306,781 2,784,757
Net Assets at Beginning of Period 8,184,360 65,599,718 16,228,411 55,072,777
Addition of shares 1,151,130 12,510,953 1,151,130 24,297,005
Redemption of shares (1,009,281) (11,687,830) (10,453,443) (14,163,400)
Net Increase in Net Assets from share transactions 141,849 823,123 (9,302,313) 10,133,605
Net investment income (loss) (2,147) 164,627 880 256,096
Net realized gain (loss) (550,056) (470,824) 85,453 (890,946)
Change in net unrealized gain (loss) 273,261 (3,190,200) 1,034,836 (1,645,088)
Net Increase (decrease) in Net Assets from operations (278,942) (3,496,397) 1,121,169 (2,279,938)
Net Assets at End of Period $ 8,047,267 $ 62,926,444 $ 8,047,267 $ 62,926,444