NPORT-EX 2 274076EMC043023.htm
Emerge
EMPWR
Unified
Sustainable
Equity
ETF
Schedule
of
Investments
April
30,
2023
(Unaudited)
1
Shares
Value
Common
Stocks
–
98.1%
Communication
Services
–
5.8%
Alphabet,
Inc.,
Class
A*
.........................................................
116
$
12,452‌
AT&T,
Inc.
...................................................................
209
3,693‌
Tencent
Holdings
Ltd.
..........................................................
100
4,387‌
Verizon
Communications,
Inc.
...................................................
218
8,465‌
28,997‌
Consumer
Discretionary
–
10.0%
Alibaba
Group
Holding
Ltd.*
.....................................................
511
5,341‌
Amazon.com,
Inc.*
............................................................
74
7,803‌
eBay,
Inc.
....................................................................
76
3,529‌
Ford
Motor
Co.
...............................................................
347
4,122‌
Home
Depot,
Inc.
(The)
.........................................................
14
4,208‌
JD.com,
Inc.,
Class
A
..........................................................
229
3,965‌
McDonald's
Corp.
.............................................................
14
4,140‌
Meituan,
Class
B,
144A*
........................................................
1
17‌
MercadoLibre,
Inc.*
............................................................
4
5,110‌
TJX
Cos.,
Inc.
(The)
...........................................................
114
8,985‌
Ulta
Beauty,
Inc.*
..............................................................
5
2,757‌
49,977‌
Consumer
Staples
–
8.0%
Coca-Cola
Co.
(The)
...........................................................
67
4,298‌
Colgate-Palmolive
Co.
.........................................................
56
4,469‌
John
B
Sanfilippo
&
Son,
Inc.
....................................................
48
4,989‌
Kroger
Co.
(The)
..............................................................
79
3,842‌
Target
Corp.
..................................................................
32
5,048‌
Unilever
PLC,
ADR
............................................................
128
7,108‌
Wal-Mart
de
Mexico
SAB
de
CV
..................................................
1,260
5,062‌
Walmart,
Inc.
.................................................................
35
5,284‌
40,100‌
Energy
–
5.0%
Cheniere
Energy
Partners
LP
....................................................
116
5,291‌
Chevron
Corp.
................................................................
31
5,226‌
Petroleo
Brasileiro
SA,
ADR
.....................................................
462
4,906‌
Tenaris
SA,
ADR
..............................................................
169
4,852‌
Valero
Energy
Corp.
...........................................................
43
4,931‌
25,206‌
Financials
–
14.2%
Aon
PLC,
Class
A
.............................................................
10
3,252‌
Bank
of
America
Corp.
.........................................................
133
3,894‌
Chubb
Ltd.
...................................................................
18
3,628‌
Citizens
Financial
Group,
Inc.
....................................................
117
3,620‌
City
Holding
Co.
..............................................................
60
5,471‌
Grupo
Financiero
Banorte
SAB
de
CV,
Class
O
......................................
452
3,904‌
HDFC
Bank
Ltd.,
ADR
..........................................................
136
9,493‌
JPMorgan
Chase
&
Co.
........................................................
31
4,285‌
MSCI,
Inc.
...................................................................
11
5,307‌
PNC
Financial
Services
Group,
Inc.
(The)
..........................................
50
6,513‌
Postal
Savings
Bank
of
China
Co.
Ltd.,
Class
H,
144A
................................
6,000
3,898‌
Prudential
Financial,
Inc.
........................................................
42
3,654‌
US
Bancorp
..................................................................
103
3,531‌
Emerge
EMPWR
Unified
Sustainable
Equity
ETF
Schedule
of
Investments
(Continued)
April
30,
2023
(Unaudited)
2
Shares
Value
Common
Stocks
(continued)
Financials
(continued)
Visa,
Inc.,
Class
A
.............................................................
46
$
10,706‌
71,156‌
Health
Care
–
14.4%
AbbVie,
Inc.
..................................................................
32
4,836‌
Amgen,
Inc.
..................................................................
18
4,315‌
AstraZeneca
PLC,
ADR
........................................................
63
4,613‌
CVS
Health
Corp.
.............................................................
46
3,372‌
Danaher
Corp.
................................................................
34
8,055‌
Johnson
&
Johnson
............................................................
23
3,765‌
Medtronic
PLC
...............................................................
48
4,366‌
Merck
&
Co.,
Inc.
..............................................................
38
4,388‌
Merit
Medical
Systems,
Inc.*
.....................................................
71
5,772‌
Novartis
AG,
ADR
.............................................................
97
9,949‌
Novo
Nordisk
A/S,
ADR
.........................................................
33
5,514‌
Organon
&
Co.
...............................................................
150
3,694‌
Pfizer,
Inc.
...................................................................
94
3,656‌
ResMed,
Inc.
.................................................................
24
5,783‌
72,078‌
Industrials
–
10.5%
Automatic
Data
Processing,
Inc.
..................................................
28
6,160‌
CACI
International,
Inc.,
Class
A*
.................................................
18
5,640‌
Caterpillar,
Inc.
...............................................................
25
5,470‌
Cummins,
Inc.
................................................................
24
5,641‌
Emerson
Electric
Co.
..........................................................
56
4,663‌
Expeditors
International
of
Washington,
Inc.
........................................
35
3,984‌
Kubota
Corp.,
ADR
............................................................
45
3,408‌
Nordson
Corp.
................................................................
20
4,326‌
United
Parcel
Service,
Inc.,
Class
B
...............................................
26
4,675‌
Vestas
Wind
Systems
A/S,
ADR*
.................................................
490
4,491‌
WW
Grainger,
Inc.
.............................................................
6
4,173‌
52,631‌
Information
Technology
–
18.9%
Analog
Devices,
Inc.
...........................................................
33
5,936‌
Apple,
Inc.
...................................................................
56
9,502‌
Broadcom,
Inc.
...............................................................
8
5,012‌
Cisco
Systems,
Inc.
............................................................
88
4,158‌
Fair
Isaac
Corp.*
..............................................................
6
4,368‌
Globant
SA*
..................................................................
21
3,294‌
Infosys
Ltd.,
ADR
.............................................................
244
3,792‌
International
Business
Machines
Corp.
............................................
29
3,666‌
Juniper
Networks,
Inc.
..........................................................
126
3,799‌
Microsoft
Corp.
...............................................................
38
11,676‌
Oracle
Corp.
.................................................................
51
4,831‌
Samsung
Electronics
Co.
Ltd.,
GDR
...............................................
4
4,936‌
Silicon
Motion
Technology
Corp.,
ADR
.............................................
53
3,373‌
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
..................................
63
5,311‌
Texas
Instruments,
Inc.
.........................................................
49
8,193‌
Trimble,
Inc.*
.................................................................
81
3,815‌
United
Microelectronics
Corp.,
ADR*
..............................................
454
3,645‌
Emerge
EMPWR
Unified
Sustainable
Equity
ETF
Schedule
of
Investments
(Continued)
April
30,
2023
(Unaudited)
3
Shares
Value
Common
Stocks
(continued)
Information
Technology
(continued)
VeriSign,
Inc.*
................................................................
23
$
5,101‌
94,408‌
Materials
–
7.9%
Air
Products
and
Chemicals,
Inc.
.................................................
19
5,593‌
Ecolab,
Inc.
..................................................................
20
3,357‌
Gold
Fields
Ltd.,
ADR
..........................................................
591
9,196‌
Linde
PLC
...................................................................
16
5,911‌
LyondellBasell
Industries
NV,
Class
A
..............................................
49
4,636‌
Sherwin-Williams
Co.
(The)
.....................................................
14
3,325‌
Sociedad
Quimica
y
Minera
de
Chile
SA,
ADR
......................................
43
2,902‌
Southern
Copper
Corp.
.........................................................
58
4,456‌
39,376‌
Real
Estate
–
0.8%
Realty
Income
Corp.
...........................................................
66
4,147‌
Utilities
–
2.6%
Chesapeake
Utilities
Corp.
......................................................
32
3,952‌
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo,
ADR*
............................
519
4,801‌
NextEra
Energy,
Inc.
...........................................................
57
4,368‌
13,121‌
Total
Common
Stocks
(Cost
$470,208)
..........................................................
491,197‌
Total
Investments
–
98.1%
(Cost
$470,208)
.............................................................................
$
491,197‌
Other
Assets
in
Excess
of
Liabilities
–
1.9%
.........................................................
9,301‌
Net
Assets
–
100.0%
..........................................................................
$
500,498‌
*
Non
Income
Producing
ADR
:
American
Depositary
Receipt
GDR
:
Global
Depositary
Receipt
144A
:
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933.
These
securities
may
be
resold
in
transactions
exempt
from
registration,
normally
to
qualified
institutional
buyers.
Summary
of
Investment
Type
Sector
%
of
Net
Assets
Information
Technology
............................................................................
18.9‌%
Health
Care
.....................................................................................
14.4‌%
Financials
......................................................................................
14.2‌%
Industrials
......................................................................................
10.5‌%
Consumer
Discretionary
...........................................................................
10.0‌%
Consumer
Staples
................................................................................
8.0‌%
Materials
.......................................................................................
7.9‌%
Communication
Services
..........................................................................
5.8‌%
Energy
.........................................................................................
5.0‌%
Utilities
.........................................................................................
2.6‌%
Real
Estate
.....................................................................................
0.8‌%
Total
Investments
................................................................................
98.1‌%
Other
Assets
in
Excess
of
Liabilities
..................................................................
1.9‌%
Net
Assets
.....................................................................................
100.0‌%