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      <invstOrSec>
        <name>Abercrombie &amp; Fitch Co</name>
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      <invstOrSec>
        <name>Repay Holdings Corporation</name>
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      <invstOrSec>
        <name>Visteon Corporation</name>
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      <invstOrSec>
        <name>Cathay General Bancorp</name>
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        <title>Cathay General Bancorp COM</title>
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      <invstOrSec>
        <name>PEOPLES BANCORP INC (OHIO)</name>
        <lei>N/A</lei>
        <title>Peoples Bancorp Inc. (Ohio) COM</title>
        <cusip>709789101</cusip>
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          <isin value="US7097891011"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Asgn Incorporated</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>Asgn Incorporated COM</title>
        <cusip>00191U102</cusip>
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          <isin value="US00191U1025"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Veracyte Inc</name>
        <lei>529900ESWZRHXOW27Z37</lei>
        <title>Veracyte Inc COM</title>
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          <isin value="US92337F1075"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Extreme Networks Inc.</name>
        <lei>549300WRECW11X94UB57</lei>
        <title>Extreme Networks Inc. COM</title>
        <cusip>30226D106</cusip>
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          <isin value="US30226D1063"/>
          <ticker value="EXTR"/>
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        <balance>2514.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Conmed Corporation</name>
        <lei>Z6C0YCECH9DCU5ZIQW84</lei>
        <title>Conmed Corporation COM</title>
        <cusip>207410101</cusip>
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          <isin value="US2074101013"/>
          <ticker value="CNMD"/>
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        <balance>2131.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Victory Capital Holdings, Inc.</name>
        <lei>549300BN5LH2CIPPHS71</lei>
        <title>Victory Capital Holdings, Inc. COM CL A</title>
        <cusip>92645B103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Block(H&amp;R)Inc</name>
        <lei>549300CE3KUCWLZBG404</lei>
        <title>Block(H&amp;R)Inc COM</title>
        <cusip>093671105</cusip>
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          <isin value="US0936711052"/>
          <ticker value="HRB"/>
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        <balance>4702.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Worthington Enterprises Inc</name>
        <lei>1WRCIANKYOIK6KYE5E82</lei>
        <title>Worthington Enterprises Inc COM</title>
        <cusip>981811102</cusip>
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          <isin value="US9818111026"/>
          <ticker value="WOR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ennis Inc</name>
        <lei>N/A</lei>
        <title>Ennis Inc COM</title>
        <cusip>293389102</cusip>
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          <isin value="US2933891028"/>
          <ticker value="EBF"/>
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        <balance>4400.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harmonic Inc</name>
        <lei>549300LRGRD8XC9BTL66</lei>
        <title>Harmonic Inc COM</title>
        <cusip>413160102</cusip>
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          <isin value="US4131601027"/>
          <ticker value="HLIT"/>
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        <balance>5349.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48034.02000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIOVENTUS INC</name>
        <lei>N/A</lei>
        <title>Bioventus Inc. COM CL A</title>
        <cusip>09075A108</cusip>
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          <isin value="US09075A1088"/>
          <ticker value="BVS"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BellRing Intermediate Holdings Inc.</name>
        <lei>549300S3BOK5CMTS8054</lei>
        <title>BellRing Intermediate Holdings Inc. COMMON STOCK</title>
        <cusip>07831C103</cusip>
        <identifiers>
          <isin value="US07831C1036"/>
          <ticker value="BRBR"/>
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        <balance>5823.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Slide Insurance Holdings Inc.</name>
        <lei>2549004LDWZTPC69SX47</lei>
        <title>Slide Insurance Holdings Inc. COM</title>
        <cusip>831349105</cusip>
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          <isin value="US8313491057"/>
          <ticker value="SLDE"/>
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        <balance>7088.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citizens Financial Services Inc.</name>
        <lei>5493005JSTWQNVUE0825</lei>
        <title>Citizens Financial Services Inc. COM</title>
        <cusip>174615104</cusip>
        <identifiers>
          <isin value="US1746151042"/>
          <ticker value="CZFS"/>
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        <balance>908.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HCI Group, Inc.</name>
        <lei>549300CZF7EZJH0MPH74</lei>
        <title>HCI Group, Inc. COM</title>
        <cusip>40416E103</cusip>
        <identifiers>
          <isin value="US40416E1038"/>
          <ticker value="HCI"/>
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        <balance>451.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69729.11000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>A10 Networks Inc</name>
        <lei>549300UQD4IWUML81Q35</lei>
        <title>A10 Networks Inc COM</title>
        <cusip>002121101</cusip>
        <identifiers>
          <isin value="US0021211018"/>
          <ticker value="ATEN"/>
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        <balance>5047.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>116686.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cass Information Systems Inc.</name>
        <lei>549300G7XPIPR7SJ2F38</lei>
        <title>Cass Information Systems Inc. COM</title>
        <cusip>14808P109</cusip>
        <identifiers>
          <isin value="US14808P1093"/>
          <ticker value="CASS"/>
        </identifiers>
        <balance>1590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>69991.80000000</valUSD>
        <pctVal>0.288553879821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PC Connection Inc.</name>
        <lei>5299005WPRNIXDV2KM73</lei>
        <title>PC Connection Inc. COM</title>
        <cusip>69318J100</cusip>
        <identifiers>
          <isin value="US69318J1007"/>
          <ticker value="CNXN"/>
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        <balance>1472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86053.12000000</valUSD>
        <pctVal>0.354769582247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Catalyst Pharmaceuticals Inc.</name>
        <lei>5299004O0R5XXLA5H544</lei>
        <title>Catalyst Pharmaceuticals Inc. COM</title>
        <cusip>14888U101</cusip>
        <identifiers>
          <isin value="US14888U1016"/>
          <ticker value="CPRX"/>
        </identifiers>
        <balance>4301.00000000</balance>
        <units>NS</units>
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        <valUSD>106492.76000000</valUSD>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Oil-Dri Corporation Of America</name>
        <lei>549300RSG5KPUH16WH66</lei>
        <title>Oil-Dri Corporation Of America COM</title>
        <cusip>677864100</cusip>
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          <isin value="US6778641000"/>
          <ticker value="ODC"/>
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        <balance>1278.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BK TECHNOLOGIES CORP</name>
        <lei>N/A</lei>
        <title>Bk Technologies Corporation COM NEW</title>
        <cusip>05587G203</cusip>
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          <isin value="US05587G2030"/>
          <ticker value="BKTI"/>
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        <balance>458.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34180.54000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Centrus Energy Corp.</name>
        <lei>549300G6VDK9G8276661</lei>
        <title>Centrus Energy Corp. CL A</title>
        <cusip>15643U104</cusip>
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          <isin value="US15643U1043"/>
          <ticker value="LEU"/>
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        <balance>254.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44091.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RESOURCES CONNECTION INC</name>
        <lei>N/A</lei>
        <title>Resources Connection Inc. COM</title>
        <cusip>76122Q105</cusip>
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          <isin value="US76122Q1058"/>
          <ticker value="RGP"/>
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        <balance>14550.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54271.50000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISHAY PRECISION GROUP INC</name>
        <lei>N/A</lei>
        <title>Vishay Precision Group Inc. COM</title>
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          <isin value="US92835K1034"/>
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        <curCd>USD</curCd>
        <valUSD>41075.32000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WHITE MOUNTAINS INSURANCE GROUP LTD</name>
        <lei>549300N3FL068JERBG02</lei>
        <title>White Mountains Insurance Group Ltd. COM</title>
        <cusip>000000000</cusip>
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          <isin value="BMG9618E1075"/>
          <ticker value="WTM"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kforce Inc</name>
        <lei>5493003RDQQDVXY2SK46</lei>
        <title>Kforce Inc COM</title>
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          <isin value="US4937321010"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tactile Systems Technology Inc.</name>
        <lei>54930069VDTITHOTKJ98</lei>
        <title>Tactile Systems Technology Inc. COM</title>
        <cusip>87357P100</cusip>
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          <isin value="US87357P1003"/>
          <ticker value="TCMD"/>
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        <balance>2633.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WINMARK CORP</name>
        <lei>N/A</lei>
        <title>Winmark Corp. COM</title>
        <cusip>974250102</cusip>
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          <isin value="US9742501029"/>
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        <balance>95.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40617.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amneal Pharmaceuticals Inc</name>
        <lei>549300VV176ZO5WQHZ61</lei>
        <title>Amneal Pharmaceuticals Inc COM STK CL A</title>
        <cusip>03168L105</cusip>
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          <isin value="US03168L1052"/>
          <ticker value="AMRX"/>
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        <balance>6991.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MasterBrand Inc</name>
        <lei>549300E0Y4BR5Z9RDZ64</lei>
        <title>MasterBrand Inc COMMON STOCK</title>
        <cusip>57638P104</cusip>
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          <isin value="US57638P1049"/>
          <ticker value="MBC"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Quanex Building Products Corp.</name>
        <lei>5493000TL30VL5WOAW87</lei>
        <title>Quanex Building Products Corp. COM</title>
        <cusip>747619104</cusip>
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          <isin value="US7476191041"/>
          <ticker value="NX"/>
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        <balance>2635.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Transcat Inc.</name>
        <lei>54930081E40TSSHUOS40</lei>
        <title>Transcat Inc. COM</title>
        <cusip>893529107</cusip>
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          <isin value="US8935291075"/>
          <ticker value="TRNS"/>
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        <balance>605.00000000</balance>
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      <invstOrSec>
        <name>Calavo Growers Inc</name>
        <lei>N/A</lei>
        <title>Calavo Growers Inc COM</title>
        <cusip>128246105</cusip>
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          <isin value="US1282461052"/>
          <ticker value="CVGW"/>
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      <invstOrSec>
        <name>Udemy Inc.</name>
        <lei>2549000T304QU9SAM180</lei>
        <title>Udemy Inc. COM</title>
        <cusip>902685106</cusip>
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          <isin value="US9026851066"/>
          <ticker value="UDMY"/>
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        <balance>12016.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Academy Sports and Outdoors Inc</name>
        <lei>529900HST589BD301M91</lei>
        <title>Academy Sports and Outdoors Inc COM</title>
        <cusip>00402L107</cusip>
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          <isin value="US00402L1070"/>
          <ticker value="ASO"/>
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        <balance>646.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Doximity Inc</name>
        <lei>N/A</lei>
        <title>Doximity Inc CL A</title>
        <cusip>26622P107</cusip>
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          <isin value="US26622P1075"/>
          <ticker value="DOCS"/>
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        <balance>4133.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEFI DEVELOPMENT CORP</name>
        <lei>25490034ZLUY8NYVGU64</lei>
        <title>DeFi Development Corp. COM</title>
        <cusip>47100L301</cusip>
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          <ticker value="DFDV"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Accendra Health Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>Accendra Health Inc. COM</title>
        <cusip>690732102</cusip>
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          <isin value="US6907321029"/>
          <ticker value="ACH"/>
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        <balance>15191.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Merchants Bancorp. (Indiana)</name>
        <lei>54930008Y0GPVLF81889</lei>
        <title>Merchants Bancorp. (Indiana) COM</title>
        <cusip>58844R108</cusip>
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          <ticker value="MBIN"/>
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        <balance>1974.00000000</balance>
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        <name>Ryerson Holding Corporation</name>
        <lei>549300JMA41B3ZHOVE45</lei>
        <title>Ryerson Holding Corporation COM</title>
        <cusip>783754104</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Public Education Inc.</name>
        <lei>254900GZNX6TJQGM4S17</lei>
        <title>American Public Education Inc. COM</title>
        <cusip>02913V103</cusip>
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          <isin value="US02913V1035"/>
          <ticker value="APEI"/>
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        <balance>1501.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cytek Biosciences Inc</name>
        <lei>549300K2J28BOC6FBO89</lei>
        <title>Cytek Biosciences Inc COM</title>
        <cusip>23285D109</cusip>
        <identifiers>
          <isin value="US23285D1090"/>
          <ticker value="CTKB"/>
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        <balance>14273.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62373.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Forrester Research Inc.</name>
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        <title>Forrester Research Inc. COM</title>
        <cusip>346563109</cusip>
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          <isin value="US3465631097"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Integra LifeSciences Holdings Corporation</name>
        <lei>WB7IJCYY8YFTENS4O147</lei>
        <title>Integra LifeSciences Holdings Corporation COM NEW</title>
        <cusip>457985208</cusip>
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          <isin value="US4579852082"/>
          <ticker value="IART"/>
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        <balance>4079.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38424.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Omega Flex Inc</name>
        <lei>254900V3UM4PIXLDNU54</lei>
        <title>Omega Flex Inc COM</title>
        <cusip>682095104</cusip>
        <identifiers>
          <isin value="US6820951043"/>
          <ticker value="OFLX"/>
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        <balance>1282.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39793.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HealthStream Inc.</name>
        <lei>529900OJ88H8635JNH64</lei>
        <title>HealthStream Inc. COM</title>
        <cusip>42222N103</cusip>
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          <isin value="US42222N1037"/>
          <ticker value="HSTM"/>
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        <balance>2570.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53224.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cross Country Healthcare Inc.</name>
        <lei>54930037L0NBIPZ5S663</lei>
        <title>Cross Country Healthcare Inc. COM</title>
        <cusip>227483104</cusip>
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          <isin value="US2274831047"/>
          <ticker value="CCRN"/>
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        <balance>10790.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101426.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Intest Corp</name>
        <lei>549300RJJBPHDOAVDU15</lei>
        <title>Intest Corp COM</title>
        <cusip>461147100</cusip>
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          <isin value="US4611471008"/>
          <ticker value="INTT"/>
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        <balance>2476.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lemaitre Vascular Inc.</name>
        <lei>549300FZUBUB7MHY8R17</lei>
        <title>Lemaitre Vascular Inc. COM</title>
        <cusip>525558201</cusip>
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          <isin value="US5255582018"/>
          <ticker value="LMAT"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinet Group Inc</name>
        <lei>5299003FJVBETSFKE990</lei>
        <title>Trinet Group Inc COM</title>
        <cusip>896288107</cusip>
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          <isin value="US8962881079"/>
          <ticker value="TNET"/>
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        <balance>3173.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Five9 Inc.</name>
        <lei>254900MXP6EWY0SFFR59</lei>
        <title>Five9 Inc. COM</title>
        <cusip>338307101</cusip>
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          <isin value="US3383071012"/>
          <ticker value="FIVN"/>
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        <balance>5201.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corvel Corp</name>
        <lei>N/A</lei>
        <title>Corvel Corp COM</title>
        <cusip>221006109</cusip>
        <identifiers>
          <isin value="US2210061097"/>
          <ticker value="CRVL"/>
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        <balance>2013.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Weyco Group Inc.</name>
        <lei>549300I10J38MHJELM87</lei>
        <title>Weyco Group Inc. COM</title>
        <cusip>962149100</cusip>
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          <isin value="US9621491003"/>
          <ticker value="WEYS"/>
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        <balance>1399.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Central Garden &amp; Pet Company</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Company COM</title>
        <cusip>153527106</cusip>
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          <isin value="US1535271068"/>
          <ticker value="CENT"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Sun Country Airlines Holdings Inc.</name>
        <lei>549300MOHOJN9GH0NJ48</lei>
        <title>Sun Country Airlines Holdings Inc. COM</title>
        <cusip>866683105</cusip>
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          <isin value="US8666831057"/>
          <ticker value="SNCY"/>
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        <assetCat>EC</assetCat>
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        <name>S&amp;T Bancorp Inc</name>
        <lei>N/A</lei>
        <title>S&amp;T Bancorp Inc COM</title>
        <cusip>783859101</cusip>
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          <isin value="US7838591011"/>
          <ticker value="STBA"/>
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        <assetCat>EC</assetCat>
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        <name>Amphastar Pharmaceuticals Inc</name>
        <lei>54930055TH0ZLSAQMJ38</lei>
        <title>Amphastar Pharmaceuticals Inc COM</title>
        <cusip>03209R103</cusip>
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        <name>Everquote Inc</name>
        <lei>N/A</lei>
        <title>Everquote Inc COM CL A</title>
        <cusip>30041R108</cusip>
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          <ticker value="EVER"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Tripadvisor Inc</name>
        <lei>549300XVG45PT5BART17</lei>
        <title>Tripadvisor Inc COM</title>
        <cusip>896945201</cusip>
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          <isin value="US8969452015"/>
          <ticker value="TRIP"/>
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        <balance>8895.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Yelp Inc</name>
        <lei>5299007OU2DOSXPQBO35</lei>
        <title>Yelp Inc CL A</title>
        <cusip>985817105</cusip>
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          <isin value="US9858171054"/>
          <ticker value="YELP"/>
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        <assetCat>EC</assetCat>
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        <name>MediaAlpha Inc</name>
        <lei>N/A</lei>
        <title>MediaAlpha Inc CL A</title>
        <cusip>58450V104</cusip>
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          <isin value="US58450V1044"/>
          <ticker value="MAX"/>
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      <invstOrSec>
        <name>Superior Group of Companies Inc.</name>
        <lei>UOX145EEO0TB0ZWX2152</lei>
        <title>Superior Group of Companies Inc. COM</title>
        <cusip>868358102</cusip>
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          <isin value="US8683581024"/>
          <ticker value="SGC"/>
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        <valUSD>40091.36000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Sensata Technologies Holding PLC</name>
        <lei>529900MS7KFYCY9MS037</lei>
        <title>Sensata Technologies Holding PLC SHS</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BFMBMT84"/>
          <ticker value="ST"/>
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        <balance>1937.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68221.14000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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        <name>Acacia Research Corp.</name>
        <lei>529900BCN7BE6ESPDZ72</lei>
        <title>Acacia Research Corp. ACACIA TCH COM</title>
        <cusip>003881307</cusip>
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          <isin value="US0038813079"/>
          <ticker value="ACTG"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Metallus Inc.</name>
        <lei>549300QZTZWHDE9HJL14</lei>
        <title>Metallus Inc. COM</title>
        <cusip>887399103</cusip>
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          <isin value="US8873991033"/>
          <ticker value="MTUS"/>
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        <balance>2638.00000000</balance>
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        <valUSD>43104.92000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qualys Inc</name>
        <lei>549300EMBXYOW9W1XA17</lei>
        <title>Qualys Inc COM</title>
        <cusip>74758T303</cusip>
        <identifiers>
          <isin value="US74758T3032"/>
          <ticker value="QLYS"/>
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        <balance>692.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60792.20000000</valUSD>
        <pctVal>0.250626861616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Staar Surgical Co</name>
        <lei>5299006LRHI7OJ8BY308</lei>
        <title>Staar Surgical Co COM PAR $0.01</title>
        <cusip>852312305</cusip>
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          <isin value="US8523123052"/>
          <ticker value="STAA"/>
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        <balance>2608.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>CRESCENT ENERGY CO</name>
        <lei>N/A</lei>
        <title>Crescent Energy Co. CL A COM</title>
        <cusip>44952J104</cusip>
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          <isin value="US44952J1043"/>
          <ticker value="CRGY"/>
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        <balance>15676.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>211626.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Acadian Asset Management Inc</name>
        <lei>5493004FTLQNQTBOP608</lei>
        <title>Acadian Asset Management Inc COM</title>
        <cusip>10948W103</cusip>
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          <isin value="US10948W1036"/>
          <ticker value="AAMI"/>
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        <balance>1804.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wintrust Financial Corporation</name>
        <lei>Q774KI4AW80FHFW33O61</lei>
        <title>Wintrust Financial Corporation COM</title>
        <cusip>97650W108</cusip>
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          <isin value="US97650W1080"/>
          <ticker value="WTFC"/>
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        <balance>512.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brighthouse Financial Inc.</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>Brighthouse Financial Inc. COM</title>
        <cusip>10922N103</cusip>
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          <isin value="US10922N1037"/>
          <ticker value="BHF"/>
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        <balance>1022.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northeast Bank</name>
        <lei>549300F0LV9TSW34E306</lei>
        <title>Northeast Bank COM</title>
        <cusip>66405S100</cusip>
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          <isin value="US66405S1006"/>
          <ticker value="NBN"/>
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        <balance>445.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50004.65000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Polaris Inc.</name>
        <lei>549300QJSN8UVWN1EI78</lei>
        <title>Polaris Inc. COM</title>
        <cusip>731068102</cusip>
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          <isin value="US7310681025"/>
          <ticker value="PII"/>
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        <balance>699.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>European Wax Center Inc</name>
        <lei>N/A</lei>
        <title>European Wax Center Inc CLASS A COM</title>
        <cusip>29882P106</cusip>
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          <isin value="US29882P1066"/>
          <ticker value="EWCZ"/>
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        <balance>14075.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lifevantage Corp</name>
        <lei>5493001Z5YYT109QZ980</lei>
        <title>Lifevantage Corp COM NEW</title>
        <cusip>53222K205</cusip>
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          <isin value="US53222K2050"/>
          <ticker value="LFVN"/>
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        <balance>8744.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Lime &amp; Minerals Inc.</name>
        <lei>549300VGDEEG8RT7VC89</lei>
        <title>United States Lime &amp; Minerals Inc. COM</title>
        <cusip>911922102</cusip>
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          <isin value="US9119221029"/>
          <ticker value="USLM"/>
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        <balance>818.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pacira Biosciences Inc</name>
        <lei>549300P56LERYBDHCF69</lei>
        <title>Pacira Biosciences Inc COM</title>
        <cusip>695127100</cusip>
        <identifiers>
          <isin value="US6951271005"/>
          <ticker value="PCRX"/>
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        <balance>4879.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110265.40000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mainstreet Bancshares Inc.</name>
        <lei>549300FHZZP7SP56TS88</lei>
        <title>Mainstreet Bancshares Inc. COM</title>
        <cusip>56064Y100</cusip>
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          <isin value="US56064Y1001"/>
          <ticker value="MNSB"/>
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        <balance>3306.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Matrix Service Co.</name>
        <lei>529900VYBKSX6HD2YW58</lei>
        <title>Matrix Service Co. COM</title>
        <cusip>576853105</cusip>
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          <isin value="US5768531056"/>
          <ticker value="MTRX"/>
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        <balance>3631.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADEIA INC</name>
        <lei>N/A</lei>
        <title>Adeia Inc. COM</title>
        <cusip>00676P107</cusip>
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          <isin value="US00676P1075"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spok Hldgs Inc</name>
        <lei>549300HXXANIVN2ICC89</lei>
        <title>Spok Hldgs Inc COM</title>
        <cusip>84863T106</cusip>
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          <isin value="US84863T1060"/>
          <ticker value="SPOK"/>
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        <balance>3515.00000000</balance>
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        <valUSD>38313.50000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Global Industrial Company</name>
        <lei>5493000GO8Z3HEWCGE46</lei>
        <title>Global Industrial Company COM</title>
        <cusip>37892E102</cusip>
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          <isin value="US37892E1029"/>
          <ticker value="GIC"/>
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        <balance>1265.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emergent Biosolutions Inc</name>
        <lei>549300YW6TUOX8BE5103</lei>
        <title>Emergent Biosolutions Inc COM</title>
        <cusip>29089Q105</cusip>
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          <isin value="US29089Q1058"/>
          <ticker value="EBS"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Utah Medical Products Inc.</name>
        <lei>5493002R27BBGV8DID60</lei>
        <title>Utah Medical Products Inc. COM</title>
        <cusip>917488108</cusip>
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          <isin value="US9174881089"/>
          <ticker value="UTMD"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Photronics Inc.</name>
        <lei>549300OK5JVNIBNY6F63</lei>
        <title>Photronics Inc. COM</title>
        <cusip>719405102</cusip>
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          <isin value="US7194051022"/>
          <ticker value="PLAB"/>
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      <invstOrSec>
        <name>Shutterstock Inc</name>
        <lei>529900G2TDIS56V0LO22</lei>
        <title>Shutterstock Inc COM</title>
        <cusip>825690100</cusip>
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          <isin value="US8256901005"/>
          <ticker value="SSTK"/>
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        <assetCat>EC</assetCat>
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        <name>Boston Beer Co Inc</name>
        <lei>529900Q02MQ0DCQNRM58</lei>
        <title>Boston Beer Co Inc CL A</title>
        <cusip>100557107</cusip>
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          <ticker value="SAM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin Covey Co</name>
        <lei>N/A</lei>
        <title>Franklin Covey Co COM</title>
        <cusip>353469109</cusip>
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          <isin value="US3534691098"/>
          <ticker value="FC"/>
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        <balance>4118.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Diamond Hill Investment Group Inc.</name>
        <lei>549300AQ6779A0B7VZ57</lei>
        <title>Diamond Hill Investment Group Inc. COM NEW</title>
        <cusip>25264R207</cusip>
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          <isin value="US25264R2076"/>
          <ticker value="DHIL"/>
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        <balance>587.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101022.70000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Penguin Solutions Inc</name>
        <lei>254900DVWIPOY3GJ8E23</lei>
        <title>Penguin Solutions Inc COM</title>
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      <invstOrSec>
        <name>Mitek Systems Inc.</name>
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      <invstOrSec>
        <name>Puma Biotechnology Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Payoneer Global Inc.</name>
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      <invstOrSec>
        <name>La-Z-Boy Inc</name>
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      <invstOrSec>
        <name>Coursera Inc</name>
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        <title>Coursera Inc COM</title>
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      <invstOrSec>
        <name>Radiant Logistics Inc.</name>
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        <title>Radiant Logistics Inc. COM</title>
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      <invstOrSec>
        <name>Wesbanco Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Monarch Casino &amp; Resort Inc</name>
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        <title>Monarch Casino &amp; Resort Inc COM</title>
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      <invstOrSec>
        <name>Corcept Therapeutics Inc.</name>
        <lei>529900EO9LUTFMZ7FF90</lei>
        <title>Corcept Therapeutics Inc. COM</title>
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          <isin value="US2183521028"/>
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        <name>Helix Energy Solutions Group, Inc.</name>
        <lei>416AP2JOUTCWEGSOZW41</lei>
        <title>Helix Energy Solutions Group, Inc. COM</title>
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        <name>ORANGE COUNTY BANCORP INC</name>
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        <title>Orange County Bancorp Inc. COM</title>
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        <name>United Parks &amp; Resorts Inc</name>
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        <title>United Parks &amp; Resorts Inc COM</title>
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        <name>Unity Bancorp Inc</name>
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        <name>Innospec Inc</name>
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        <name>NWPX Infrastructure Inc.</name>
        <lei>54930056VW2CRCZ9RE54</lei>
        <title>NWPX Infrastructure Inc. COM</title>
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        <name>SENECA FOODS CORP</name>
        <lei>N/A</lei>
        <title>Seneca Foods CL A</title>
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        <name>PROG Holdings Inc.</name>
        <lei>549300DHYTLBOVRXIG52</lei>
        <title>PROG Holdings Inc. COM NPV</title>
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        <name>Marqeta Inc</name>
        <lei>254900UZARK0FMZGZE18</lei>
        <title>Marqeta Inc CLASS A COM</title>
        <cusip>57142B104</cusip>
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        <name>Pediatrix Medical Group Inc</name>
        <lei>N/A</lei>
        <title>Pediatrix Medical Group Inc COM</title>
        <cusip>58502B106</cusip>
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          <ticker value="MD"/>
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      <invstOrSec>
        <name>Village Super Market Inc.</name>
        <lei>25490069686XCNNEMQ07</lei>
        <title>Village Super Market Inc. CL A NEW</title>
        <cusip>927107409</cusip>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Perdoceo Education Corp.</name>
        <lei>529900X5PCA184O9LY90</lei>
        <title>Perdoceo Education Corp. COM</title>
        <cusip>71363P106</cusip>
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          <ticker value="PRDO"/>
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      <invstOrSec>
        <name>Carters Inc.</name>
        <lei>5299003WAQK4R3L3ZU36</lei>
        <title>Carters Inc. COM</title>
        <cusip>146229109</cusip>
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          <ticker value="CRI"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Kimball Electronics Inc.</name>
        <lei>549300COBYN2GZCBIU87</lei>
        <title>Kimball Electronics Inc. COM</title>
        <cusip>49428J109</cusip>
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          <isin value="US49428J1097"/>
          <ticker value="KE"/>
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        <balance>1571.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37216.99000000</valUSD>
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      <invstOrSec>
        <name>National Beverage Corp.</name>
        <lei>549300O9MZIQJI8TGV17</lei>
        <title>National Beverage Corp. COM</title>
        <cusip>635017106</cusip>
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          <isin value="US6350171061"/>
          <ticker value="FIZZ"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Acadia Pharmaceuticals Inc</name>
        <lei>529900O3044NO0PEA039</lei>
        <title>Acadia Pharmaceuticals Inc COM</title>
        <cusip>004225108</cusip>
        <identifiers>
          <isin value="US0042251084"/>
          <ticker value="ACAD"/>
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        <balance>3593.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79980.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Addus Homecare Corp</name>
        <lei>52990090ZT33AKPDBX62</lei>
        <title>Addus Homecare Corp COM</title>
        <cusip>006739106</cusip>
        <identifiers>
          <isin value="US0067391062"/>
          <ticker value="ADUS"/>
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        <balance>897.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84004.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FINANCIAL INSTITUTIONS INC</name>
        <lei>N/A</lei>
        <title>Financial Institutions Inc. COM</title>
        <cusip>317585404</cusip>
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          <isin value="US3175854047"/>
          <ticker value="FISI"/>
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        <balance>3070.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dave Inc</name>
        <lei>25490061SUVXCW51RZ82</lei>
        <title>Dave Inc CLASS A COM NEW</title>
        <cusip>23834J201</cusip>
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          <isin value="US23834J2015"/>
          <ticker value="DAVE"/>
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        <balance>364.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63368.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FRESH DEL MONTE PRODUCE INC</name>
        <lei>529900I72V9F0FEZR228</lei>
        <title>Fresh Del Monte Produce Inc. ORD</title>
        <cusip>000000000</cusip>
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          <isin value="KYG367381053"/>
          <ticker value="FDP"/>
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        <balance>5051.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203353.26000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Artisan Partners Asset Management Inc.</name>
        <lei>549300T1FUI6JF63XU51</lei>
        <title>Artisan Partners Asset Management Inc. CL A</title>
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          <isin value="US04316A1088"/>
          <ticker value="APAM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NVE Corp.</name>
        <lei>5299003C1ATTWX8X0112</lei>
        <title>NVE Corp. COM NEW</title>
        <cusip>629445206</cusip>
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          <isin value="US6294452064"/>
          <ticker value="NVEC"/>
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        <balance>797.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>El Pollo Loco Holdings Inc</name>
        <lei>549300EZCBNF4G707K90</lei>
        <title>El Pollo Loco Holdings Inc COM</title>
        <cusip>268603107</cusip>
        <identifiers>
          <isin value="US2686031079"/>
          <ticker value="LOCO"/>
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        <balance>5727.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79376.22000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NBT Bancorp Inc</name>
        <lei>N/A</lei>
        <title>NBT Bancorp Inc COM</title>
        <cusip>628778102</cusip>
        <identifiers>
          <isin value="US6287781024"/>
          <ticker value="NBTB"/>
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        <balance>1990.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84734.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CODA OCTOPUS GROUP INC</name>
        <lei>N/A</lei>
        <title>Coda Octopus Group Inc. COM NEW</title>
        <cusip>19188U206</cusip>
        <identifiers>
          <isin value="US19188U2069"/>
          <ticker value="CODA"/>
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        <balance>2678.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30261.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cricut Inc</name>
        <lei>254900R3DKAJ28MC0Q39</lei>
        <title>Cricut Inc COM CL A</title>
        <cusip>22658D100</cusip>
        <identifiers>
          <isin value="US22658D1000"/>
          <ticker value="CRCT"/>
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        <balance>23942.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89543.08000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Supernus Pharmaceuticals, Inc</name>
        <lei>549300GRM36VBKISYJ58</lei>
        <title>Supernus Pharmaceuticals, Inc COM</title>
        <cusip>868459108</cusip>
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          <isin value="US8684591089"/>
          <ticker value="SUPN"/>
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        <balance>2370.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Stride Inc</name>
        <lei>254900BRWS3AFONWU277</lei>
        <title>Stride Inc COM</title>
        <cusip>86333M108</cusip>
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          <isin value="US86333M1080"/>
          <ticker value="LRN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hippo Holdings Inc</name>
        <lei>N/A</lei>
        <title>Hippo Holdings Inc COM NEW</title>
        <cusip>433539202</cusip>
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          <isin value="US4335392027"/>
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        <balance>1492.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Western Union Company</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>The Western Union Company COM</title>
        <cusip>959802109</cusip>
        <identifiers>
          <isin value="US9598021098"/>
          <ticker value="WU"/>
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        <balance>15597.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136161.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Angi Inc</name>
        <lei>5493003ENY577E6SZL06</lei>
        <title>Angi Inc CL A NEW</title>
        <cusip>00183L201</cusip>
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          <isin value="US00183L2016"/>
          <ticker value="ANGI"/>
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        <balance>11113.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76124.05000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dentsply Sirona Inc</name>
        <lei>9NHEHR1SOZCYXDO8HO28</lei>
        <title>Dentsply Sirona Inc COM</title>
        <cusip>24906P109</cusip>
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          <isin value="US24906P1093"/>
          <ticker value="XRAY"/>
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        <valUSD>113807.60000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tri Pointe Homes Inc</name>
        <lei>N/A</lei>
        <title>Tri Pointe Homes Inc COM</title>
        <cusip>87265H109</cusip>
        <identifiers>
          <isin value="US87265H1095"/>
          <ticker value="TPH"/>
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        <balance>1752.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81870.96000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Castle Biosciences Inc</name>
        <lei>2549007M2Q4HLR1XD252</lei>
        <title>Castle Biosciences Inc COM</title>
        <cusip>14843C105</cusip>
        <identifiers>
          <isin value="US14843C1053"/>
          <ticker value="CSTL"/>
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        <balance>1871.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45933.05000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Columbia Sportswear Co.</name>
        <lei>549300OTMCIEUXAH5Z60</lei>
        <title>Columbia Sportswear Co. COM</title>
        <cusip>198516106</cusip>
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          <isin value="US1985161066"/>
          <ticker value="COLM"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cohen And Steers Inc.</name>
        <lei>549300XXIA338A0X2K65</lei>
        <title>Cohen And Steers Inc. COM</title>
        <cusip>19247A100</cusip>
        <identifiers>
          <isin value="US19247A1007"/>
          <ticker value="CNS"/>
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        <balance>1137.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71119.35000000</valUSD>
        <pctVal>0.293202409037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cal-Maine Foods Inc.</name>
        <lei>549300NHE5WMIEIEMF53</lei>
        <title>Cal-Maine Foods Inc. COM NEW</title>
        <cusip>128030202</cusip>
        <identifiers>
          <isin value="US1280302027"/>
          <ticker value="CALM"/>
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        <balance>1680.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>132972.00000000</valUSD>
        <pctVal>0.548201167960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hovnanian Enterprises, Inc.</name>
        <lei>549300805N4EF0ROBT53</lei>
        <title>Hovnanian Enterprises, Inc. CL A NEW</title>
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        <name>IDT Corp</name>
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      <invstOrSec>
        <name>Forestar Group Inc.</name>
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        <name>Excelerate Energy Inc.</name>
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        <name>Metropolitan Bank Holding Corp</name>
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        <name>Genie Energy Ltd</name>
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        <name>Korn Ferry</name>
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        <name>Neptune Insurance Holdings Inc.</name>
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        <name>Daktronics Inc.</name>
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        <name>Ziff Davis Inc</name>
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        <name>AnaptysBio Inc.</name>
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        <name>Akebia Therapeutics Inc.</name>
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        <name>Omnicell Inc</name>
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        <name>Midland States Bancorp Inc.</name>
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        <name>World Kinect Corporation</name>
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        <name>USANA Health Sciences Inc.</name>
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        <name>Worthington Steel Inc.</name>
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        <name>HNI Corp</name>
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        <name>Parke Bancorp Inc.</name>
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        <name>Skywest Inc</name>
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        <title>Skywest Inc COM</title>
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        <name>Pagerduty Inc</name>
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        <title>Pagerduty Inc COM</title>
        <cusip>69553P100</cusip>
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        <name>Strattec Security Corp.</name>
        <lei>549300Z394OP8S8TSR40</lei>
        <title>Strattec Security Corp. COM</title>
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        <name>Harley-Davidson, Inc.</name>
        <lei>ZDNAWZWXIKMWI51R2A08</lei>
        <title>Harley-Davidson, Inc. COM</title>
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        <name>JOHNSON OUTDOORS INC</name>
        <lei>N/A</lei>
        <title>Johnson Outdoors Inc. CL A</title>
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      <invstOrSec>
        <name>Miller Industries Inc. (Tennessee)</name>
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      <invstOrSec>
        <name>Badger Meter Inc</name>
        <lei>5493002JENE20OGTUG20</lei>
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      <invstOrSec>
        <name>Janus International Group Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MARINE PRODUCTS CORP</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Varex Imaging Corporation</name>
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      <invstOrSec>
        <name>Teradata Corp</name>
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        <title>Teradata Corp COM</title>
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        <name>Heritage Insurance Holdings Inc</name>
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        <assetCat>EC</assetCat>
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        <name>Cactus Inc</name>
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      <invstOrSec>
        <name>HAMILTON BEACH BRANDS HOLDING CO</name>
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        <title>Hamilton Beach Brands Holding Co. COM CL A</title>
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      <invstOrSec>
        <name>SEPTERNA INC</name>
        <lei>N/A</lei>
        <title>Septerna Inc. COM</title>
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        <assetCat>EC</assetCat>
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        <name>BEL Fuse Inc</name>
        <lei>2549009L4XYDBRRY6X39</lei>
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        <assetCat>EC</assetCat>
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        <name>INVESTORS TITLE CO INC</name>
        <lei>N/A</lei>
        <title>Investors Title Co. COM</title>
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        <name>Benchmark Electronics, Inc.</name>
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        <title>Benchmark Electronics, Inc. COM</title>
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        <name>Atkore Inc</name>
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        <name>Harmony Biosciences Holdings Inc</name>
        <lei>N/A</lei>
        <title>Harmony Biosciences Holdings Inc COM</title>
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        <name>Federated Hermes Inc</name>
        <lei>R05X5UQ874RGFF7HHD84</lei>
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        <name>LCI Industries</name>
        <lei>549300E1B98YNJ1WIQ04</lei>
        <title>LCI Industries COM</title>
        <cusip>50189K103</cusip>
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        <name>Motorcar Parts of America Inc.</name>
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        <name>Haemonetics Corp</name>
        <lei>549300ZEL6TXZS6F5F95</lei>
        <title>Haemonetics Corp COM</title>
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        <name>Insperity Inc</name>
        <lei>5299000Q0KW7HY5DB751</lei>
        <title>Insperity Inc COM</title>
        <cusip>45778Q107</cusip>
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        <name>Iridium Communications, Inc.</name>
        <lei>549300U620NVQ4J1CT96</lei>
        <title>Iridium Communications, Inc. COM</title>
        <cusip>46269C102</cusip>
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          <ticker value="IRDM"/>
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        <name>Progress Software Corp.</name>
        <lei>549300R65B3JG6972S24</lei>
        <title>Progress Software Corp. COM</title>
        <cusip>743312100</cusip>
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          <ticker value="PRGS"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Ibotta Inc.</name>
        <lei>54930026OZD4IQ7YR615</lei>
        <title>Ibotta Inc. CLASS A COM SHS</title>
        <cusip>451051106</cusip>
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          <ticker value="IBTA"/>
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        <valUSD>100279.62000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Optex Systems Holdings Inc</name>
        <lei>549300033P679KEYZM56</lei>
        <title>Optex Systems Holdings Inc COM NEW</title>
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      <invstOrSec>
        <name>Envista Holdings Corporation</name>
        <lei>549300BX623VURJZ5269</lei>
        <title>Envista Holdings Corporation COM</title>
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      <invstOrSec>
        <name>PHOENIX EDUCATION PARTNERS INC</name>
        <lei>N/A</lei>
        <title>Phoenix Education Partners Inc. COM</title>
        <cusip>718968100</cusip>
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      <invstOrSec>
        <name>Gentex Corp</name>
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        <title>Gentex Corp COM</title>
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      <invstOrSec>
        <name>Iradimed Corp.</name>
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        <title>Iradimed Corp. COM</title>
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      <invstOrSec>
        <name>Eplus Inc</name>
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        <title>Eplus Inc COM</title>
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        <balance>562.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DXC Technology Company</name>
        <lei>549300DOVZ3EDJB7O259</lei>
        <title>DXC Technology Company COM</title>
        <cusip>23355L106</cusip>
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          <isin value="US23355L1061"/>
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        <balance>11809.00000000</balance>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>GoodRx Holdings Inc</name>
        <lei>529900ATKYECI45EHV09</lei>
        <title>GoodRx Holdings Inc COM CL A</title>
        <cusip>38246G108</cusip>
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      <invstOrSec>
        <name>Minerals Technologies Inc.</name>
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        <title>Minerals Technologies Inc. COM</title>
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        <name>Ligand Pharmaceuticals Incorporated</name>
        <lei>5493008K7TB0IKP37H79</lei>
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      <invstOrSec>
        <name>SIMPLY GOOD FOODS CO (THE)</name>
        <lei>N/A</lei>
        <title>Simply Good Foods Company COM</title>
        <cusip>82900L102</cusip>
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          <isin value="US82900L1026"/>
          <ticker value="SMPL"/>
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      <invstOrSec>
        <name>Rush Enterprises Inc.</name>
        <lei>529900V3XHTN7A6DFT17</lei>
        <title>Rush Enterprises Inc. CL A</title>
        <cusip>781846209</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Electromed Inc</name>
        <lei>N/A</lei>
        <title>Electromed Inc COM</title>
        <cusip>285409108</cusip>
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        <assetCat>EC</assetCat>
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        <name>Bumble Inc</name>
        <lei>N/A</lei>
        <title>Bumble Inc COM CL A</title>
        <cusip>12047B105</cusip>
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        <name>AZZ Inc</name>
        <lei>549300HD1X2NFLWPYC83</lei>
        <title>AZZ Inc COM</title>
        <cusip>002474104</cusip>
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      <invstOrSec>
        <name>Phinia Inc.</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>Phinia Inc. COMMON STOCK</title>
        <cusip>71880K101</cusip>
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        <name>Integer Holdings Corp.</name>
        <lei>549300SUD2ED5XG6X569</lei>
        <title>Integer Holdings Corp. COM</title>
        <cusip>45826H109</cusip>
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        <name>Kura Oncology Inc.</name>
        <lei>5493005QORQTZCZYOP39</lei>
        <title>Kura Oncology Inc. COM</title>
        <cusip>50127T109</cusip>
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        <name>Civista Bancshares Inc.</name>
        <lei>5493001LX61Z2UVYSC48</lei>
        <title>Civista Bancshares Inc. COM NO PAR</title>
        <cusip>178867107</cusip>
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        <name>Euronet Worldwide, Inc.</name>
        <lei>YG3575C4DSHJPA5KET68</lei>
        <title>Euronet Worldwide, Inc. COM</title>
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          <ticker value="EEFT"/>
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        <name>HOME BANCORP INC</name>
        <lei>5493008ATL42O3U2YM84</lei>
        <title>Home Bancorp Inc. COM</title>
        <cusip>43689E107</cusip>
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          <ticker value="HBCP"/>
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        <name>Talos Energy Inc</name>
        <lei>549300OKFHZ84SFJFT95</lei>
        <title>Talos Energy Inc COM</title>
        <cusip>87484T108</cusip>
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          <isin value="US87484T1088"/>
          <ticker value="TALO"/>
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      <invstOrSec>
        <name>Niagen Bioscience Inc.</name>
        <lei>529900OPI7B8JPXCVS70</lei>
        <title>Niagen Bioscience Inc. COM NEW</title>
        <cusip>171077407</cusip>
        <identifiers>
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          <ticker value="NAGE"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>IPG Photonics Corp</name>
        <lei>5493002KZ51CADQ94G15</lei>
        <title>IPG Photonics Corp COM</title>
        <cusip>44980X109</cusip>
        <identifiers>
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          <ticker value="IPGP"/>
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      <invstOrSec>
        <name>Pro-Dex Inc</name>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMNIAB INC</name>
        <lei>N/A</lei>
        <title>OmniAb Inc. USD0.0001 A (USD12.5 VESTING)</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Smart Sand Inc</name>
        <lei>549300JISW1T66DVOK23</lei>
        <title>Smart Sand Inc COM</title>
        <cusip>83191H107</cusip>
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          <isin value="US83191H1077"/>
          <ticker value="SND"/>
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        <curCd>USD</curCd>
        <valUSD>49408.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Sylvamo Corp.</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>Sylvamo Corp. COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>G III Apparel Group Ltd</name>
        <lei>529900O5KABM3R3SFM87</lei>
        <title>G III Apparel Group Ltd COM</title>
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      <invstOrSec>
        <name>Buckle Inc</name>
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      <invstOrSec>
        <name>Anika Therapeutics Inc.</name>
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      <invstOrSec>
        <name>Monte Rosa Therapeutics Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Ecovyst Inc</name>
        <lei>N/A</lei>
        <title>Ecovyst Inc COM</title>
        <cusip>27923Q109</cusip>
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          <ticker value="ECVT"/>
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        <invCountry>US</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bath &amp; Body Works Inc</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>Bath &amp; Body Works Inc COM</title>
        <cusip>070830104</cusip>
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          <isin value="US0708301041"/>
          <ticker value="BBWI"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Terex Corporation</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corporation COM</title>
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          <ticker value="TEX"/>
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        <curCd>USD</curCd>
        <valUSD>35282.70000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Cable One Inc</name>
        <lei>549300648QS85T0XSH18</lei>
        <title>Cable One Inc COM</title>
        <cusip>12685J105</cusip>
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          <ticker value="CABO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUDSON TECHNOLOGIES INC</name>
        <lei>N/A</lei>
        <title>Hudson Technologes Inc COM</title>
        <cusip>444144109</cusip>
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          <isin value="US4441441098"/>
          <ticker value="HDSN"/>
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        <assetCat>EC</assetCat>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Taboola.Com Ltd</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

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        <name>FIRST FINANCIAL CORP</name>
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        <title>First Financial Corp. COM</title>
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        <invCountry>US</invCountry>
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        <name>Oscar Health Inc</name>
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        <title>Oscar Health Inc CL A</title>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Diodes Incorporated</name>
        <lei>549300XP2X1ARVH3BX23</lei>
        <title>Diodes Incorporated COM</title>
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      <invstOrSec>
        <name>Barrett Business Services Inc.</name>
        <lei>529900HXB6TMG0SR9Y34</lei>
        <title>Barrett Business Services Inc. COM</title>
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        <name>Luxfer Holdings PLC</name>
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          <ticker value="LXFR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <name>Preferred Bank</name>
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      <invstOrSec>
        <name>Prestige Consumer Healthcare Inc</name>
        <lei>N/A</lei>
        <title>Prestige Consumer Healthcare Inc COM</title>
        <cusip>74112D101</cusip>
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          <ticker value="PBH"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Flexsteel Industries Inc.</name>
        <lei>894500J5Y3ZZOOJXXN24</lei>
        <title>Flexsteel Industries Inc. COM</title>
        <cusip>339382103</cusip>
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          <ticker value="FLXS"/>
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        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enphase Energy Inc</name>
        <lei>5493008U7KIGMI59Z314</lei>
        <title>Enphase Energy Inc COM</title>
        <cusip>29355A107</cusip>
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          <isin value="US29355A1079"/>
          <ticker value="ENPH"/>
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        <balance>842.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31836.02000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MIMEDX GROUP INC</name>
        <lei>N/A</lei>
        <title>MiMedx Group Inc. COM</title>
        <cusip>602496101</cusip>
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        <name>Nerdwallet Inc</name>
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        <name>Phibro Animal Health Corporation</name>
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        <name>Tutor Perini Corporation</name>
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        <name>Merit Medical Systems Inc.</name>
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        <name>ANI Pharmaceuticals Inc.</name>
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        <name>Bread Financial Holdings Inc</name>
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        <name>American Integrity Insurance Group Inc.</name>
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        <name>The RMR Group Inc.</name>
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        <name>Kelly Services Inc</name>
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        <name>M Tron Industries Inc.</name>
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        <name>NETSCOUT Systems Inc.</name>
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        <name>Ranger Energy Services Inc</name>
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        <name>Mercantile Bank Corp.</name>
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        <name>Northeast Community Bancorp Inc</name>
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        <name>ACCO Brands Corporation</name>
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      <invstOrSec>
        <name>Kingstone Companies Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CTS Corporation</name>
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      <invstOrSec>
        <name>INTERNATIONAL MONEY EXPRESS INC</name>
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      <invstOrSec>
        <name>Proficient Auto Logistics Inc</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Spectrum Brands Holdings Inc.</name>
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      <invstOrSec>
        <name>Blue Bird Corp.</name>
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      <invstOrSec>
        <name>Brc Group Holdings Inc.</name>
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        <name>Mercury General Corporation</name>
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        <assetCat>EC</assetCat>
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        <name>Frontdoor Inc</name>
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        <title>Frontdoor Inc COM</title>
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          <ticker value="FTDR"/>
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      <invstOrSec>
        <name>Collegium Pharmaceutical Inc.</name>
        <lei>54930049FXZMTLW8D496</lei>
        <title>Collegium Pharmaceutical Inc. COM</title>
        <cusip>19459J104</cusip>
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          <isin value="US19459J1043"/>
          <ticker value="COLL"/>
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        <name>M-TRON INDUSTRIES INC</name>
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        <title>M Tron Industries Inc. COM</title>
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        <name>Astrana Health Inc</name>
        <lei>5493008O4R82Q4STJ936</lei>
        <title>Astrana Health Inc COM NEW</title>
        <cusip>03763A207</cusip>
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          <ticker value="ASTH"/>
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      <invstOrSec>
        <name>Kohl's Corp.</name>
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        <title>Kohl's Corp. COM</title>
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        <name>Sally Beauty Holdings Inc.</name>
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        <title>Sally Beauty Holdings Inc. COM</title>
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        <name>American Coastal Insurance Corp.</name>
        <lei>5299002P9105LJQA8G51</lei>
        <title>American Coastal Insurance Corp. COM</title>
        <cusip>910710102</cusip>
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        <name>Hackett Group Inc.</name>
        <lei>5K016KLIRB6156644289</lei>
        <title>Hackett Group Inc. COM</title>
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        <name>NATURE'S SUNSHINE PRODUCTS INC</name>
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        <title>Nature's Sunshine Products Inc. COM</title>
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        <name>Lendingtree Inc</name>
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        <title>Lendingtree Inc COM</title>
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        <name>CorMedix Inc.</name>
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        <title>CorMedix Inc. COM</title>
        <cusip>21900C308</cusip>
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        <name>SIGA TECHNOLOGIES INC</name>
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        <title>SIGA Technologies Inc. COM</title>
        <cusip>826917106</cusip>
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        <name>MGP Ingredients Inc.</name>
        <lei>2549006OMHFVZ4MS8538</lei>
        <title>MGP Ingredients Inc. COM</title>
        <cusip>55303J106</cusip>
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          <ticker value="MGPI"/>
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        <name>SCHOLASTIC CORP</name>
        <lei>N/A</lei>
        <title>Scholastic Corporation COM</title>
        <cusip>807066105</cusip>
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        <name>Liquidity Services Inc.</name>
        <lei>5299002AZ4ULSAXN0G81</lei>
        <title>Liquidity Services Inc. COM</title>
        <cusip>53635B107</cusip>
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        <name>NCR Atleos Corp.</name>
        <lei>9845005FC3S0VA714741</lei>
        <title>NCR Atleos Corp. COM SHS</title>
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        <name>Axos Financial Inc</name>
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        <name>International Bancshares Corp</name>
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        <name>Plexus Corp</name>
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        <name>Vishay Intertechnology, Inc.</name>
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        <name>Dreyfus Treasury Obligations Cash Management</name>
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        <name>ICU Medical Inc</name>
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        <name>UNIVERSAL DISPLAY CORP</name>
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        <name>Itron, Inc.</name>
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        <name>Embecta Corp.</name>
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        <name>Black Diamond Therapeutics Inc</name>
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        <name>AMC Networks Inc</name>
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        <name>National Healthcare Corporation</name>
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        <name>Compass Minerals International Inc.</name>
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        <name>Park Aerospace Corporation</name>
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        <name>Innoviva Inc</name>
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        <name>Monro Inc</name>
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        <name>Radian Group Inc.</name>
        <lei>54930005OUP720S5U385</lei>
        <title>Radian Group Inc. COM</title>
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        <name>SM Energy Co.</name>
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        <name>ScanSource Inc.</name>
        <lei>7FHBAN017QDY4K2KP156</lei>
        <title>ScanSource Inc. COM</title>
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        <name>Avanos Medical Inc</name>
        <lei>549300YCXWOM7NEWMQ58</lei>
        <title>Avanos Medical Inc COM</title>
        <cusip>05350V106</cusip>
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        <name>HOOKER FURNISHINGS CORP</name>
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        <title>Hooker Furnishings Corp. COM</title>
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        <name>Insteel Industries Inc.</name>
        <lei>52990026LKY4MOX3L174</lei>
        <title>Insteel Industries Inc. COM</title>
        <cusip>45774W108</cusip>
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        <name>Strategic Education Inc</name>
        <lei>2549002UYIM8Q5EC8H36</lei>
        <title>Strategic Education Inc COM</title>
        <cusip>86272C103</cusip>
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          <ticker value="STRA"/>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Legg Mason ETF Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Christopher Berarducci</ncom:signature>
      <ncom:signerName>Christopher Berarducci</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
