Columbia India Consumer ETF (INCO) NPORT-P Columbia EM Core ex-China ETF (Dec 2022 report)

Not

FDIC

or

NCUA

Insured

No

Financial

Institution

Guarantee

May

Lose

Value

THEMATIC

BETA

ETFs

THIRD

QUARTER

REPORT

December

31,

2022

(Unaudited)

Columbia

EM

Core

ex-China

ETF

Columbia

Emerging

Markets

Consumer

ETF

Columbia

India

Consumer

ETF

PORTFOLIO

OF

INVESTMENTS

Columbia

EM

Core

ex-China

ETF

December

31,

2022

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

2

Columbia

EM

Core

ex-China

ETF

|

Third

Quarter

Report

2022

|

Common

Stocks

-

95

.8

%

Issuer

Shares

Value

($)

Australia

-

0.4%

AngloGold

Ashanti

Ltd.

32,362‌

626,185‌

Brazil

-

6.4%

3R

PETROLEUM

OLEO

E

GAS

SA

(a)

16,826‌

120,305‌

Ambev

SA

126,014‌

346,555‌

Americanas

SA

1,155‌

2,111‌

B3

SA

-

Brasil

Bolsa

Balcao

406,162‌

1,016,222‌

Banco

BTG

Pactual

SA

141,667‌

642,361‌

Banco

do

Brasil

SA

123,038‌

809,339‌

Banco

Santander

Brasil

SA

146,804‌

783,826‌

Caixa

Seguridade

Participacoes

S/A

78,392‌

123,978‌

Cia

Siderurgica

Nacional

SA

57,297‌

157,900‌

Embraer

SA

(a)

72,015‌

195,186‌

Hapvida

Participacoes

e

Investimentos

SA

(a),(b)

274,374‌

263,994‌

Localiza

Rent

a

Car

SA

24,511‌

246,979‌

Lojas

Renner

SA

46,258‌

179,433‌

Magazine

Luiza

SA

(a)

9,285‌

4,819‌

Natura

&

Co.

Holding

SA

1,851‌

4,070‌

Pet

Center

Comercio

e

Participacoes

SA

70,696‌

83,822‌

Petro

Rio

SA

(a)

30,976‌

218,309‌

Rede

D'Or

Sao

Luiz

SA

(b)

19,818‌

111,031‌

Suzano

SA

36,912‌

337,257‌

TOTVS

SA

37,102‌

194,092‌

Vale

SA

172,975‌

2,911,884‌

WEG

SA

70,430‌

513,710‌

Total

9,267,183‌

Chile

-

0.4%

Empresas

Copec

SA

66,347‌

492,881‌

China

-

0.0%

Silergy

Corp.

3,104‌

44,082‌

Colombia

-

0.2%

Grupo

Argos

SA/Colombia

837‌

1,638‌

Grupo

de

Inversiones

Suramericana

SA

24,645‌

213,470‌

Interconexion

Electrica

SA

ESP

25,296‌

109,554‌

Total

324,662‌

Czech

Republic

-

0.2%

CEZ

AS

3,740‌

127,244‌

Komercni

Banka

AS

5,886‌

170,349‌

Total

297,593‌

Hungary

-

0.4%

MOL

Hungarian

Oil

&

Gas

PLC

12,421‌

86,136‌

OTP

Bank

Nyrt

11,138‌

300,107‌

Richter

Gedeon

Nyrt

7,228‌

159,887‌

Total

546,130‌

India

-

18.8%

Adani

Ports

&

Special

Economic

Zone

Ltd.

57,852‌

572,087‌

Adani

Power

Ltd.

(a)

33,316‌

120,631‌

Axis

Bank

Ltd.

122,856‌

1,386,641‌

Bandhan

Bank

Ltd.

(a),(b)

30,968‌

87,667‌

Bharat

Petroleum

Corp.

Ltd.

30,795‌

123,024‌

Bharti

Airtel

Ltd.

97,721‌

952,168‌

BSE

Ltd.

11,539‌

76,001‌

Cipla

Ltd.

28,233‌

367,186‌

Coal

India

Ltd.

89,234‌

242,743‌

HDFC

Bank

Ltd.

ADR

60,912‌

4,166,990‌

HDFC

Life

Insurance

Co.

Ltd.

(b)

31,320‌

214,371‌

Hindalco

Industries

Ltd.

51,713‌

295,882‌

ICICI

Bank

Ltd.

ADR

163,955‌

3,588,975‌

IDBI

Bank

Ltd.

(a)

322,722‌

212,014‌

Indian

Hotels

Co.

Ltd.

60,483‌

232,962‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

IndusInd

Bank

Ltd.

30,418‌

448,604‌

Infosys

Ltd.

ADR

169,480‌

3,052,335‌

ITC

Ltd.

298,455‌

1,196,093‌

Jubilant

Foodworks

Ltd.

29,877‌

184,560‌

Kotak

Mahindra

Bank

Ltd.

59,985‌

1,324,883‌

NTPC

Ltd.

165,937‌

333,860‌

Oil

&

Natural

Gas

Corp.

Ltd.

137,711‌

244,278‌

Power

Grid

Corp

of

India

Ltd.

101,207‌

261,428‌

Reliance

Industries

Ltd.

GDR

(b)

58,751‌

3,613,186‌

State

Bank

of

India

GDR

16,948‌

1,257,542‌

Tata

Motors

Ltd.

ADR

(a)

27,235‌

629,401‌

Tata

Power

Co.

Ltd.

(The)

73,883‌

185,489‌

Tata

Steel

Ltd.

325,350‌

443,016‌

Vedanta

Ltd.

139,534‌

520,153‌

Vodafone

Idea

Ltd.

(a)

925,062‌

88,335‌

Wipro

Ltd.

68,018‌

322,907‌

Zee

Entertainment

Enterprises

Ltd.

57,836‌

167,817‌

Zomato

Ltd.

(a)

144,941‌

103,892‌

Total

27,017,121‌

Indonesia

-

3.3%

PT

Adaro

Energy

Indonesia

Tbk

719,945‌

178,050‌

PT

Astra

International

Tbk

1,436,164‌

525,848‌

PT

Bank

Central

Asia

Tbk

3,405,320‌

1,870,274‌

PT

Bank

Jago

Tbk

(a)

258,825‌

61,849‌

PT

Bank

Mandiri

Persero

Tbk

1,799,743‌

1,147,419‌

PT

Bank

Rakyat

Indonesia

Persero

Tbk

49,671‌

15,762‌

PT

Elang

Mahkota

Teknologi

Tbk

856,417‌

56,663‌

PT

Merdeka

Copper

Gold

Tbk

(a)

469,987‌

124,384‌

PT

Telkom

Indonesia

Persero

Tbk

3,143,807‌

757,300‌

Total

4,737,549‌

Kuwait

-

1.2%

Agility

Public

Warehousing

Co

KSC

106,560‌

250,688‌

Gulf

Bank

KSCP

187,808‌

192,687‌

Humansoft

Holding

Co

KSC

15,836‌

182,136‌

Kuwait

Finance

House

KSCP

172,032‌

462,612‌

Kuwait

Telecommunications

Co.

117,518‌

224,630‌

National

Bank

of

Kuwait

SAKP

100,559‌

354,199‌

Total

1,666,952‌

Malaysia

-

3.1%

CIMB

Group

Holdings

Bhd

81,540‌

107,362‌

Dialog

Group

Bhd

699,417‌

389,006‌

Genting

Malaysia

Bhd

234,175‌

143,004‌

IHH

Healthcare

Bhd

589,824‌

832,850‌

Inari

Amertron

Bhd

324,261‌

192,127‌

Malayan

Banking

Bhd

156,340‌

308,776‌

Malaysia

Airports

Holdings

Bhd

(a)

15,500‌

23,083‌

Petronas

Dagangan

Bhd

136,795‌

714,253‌

Public

Bank

Bhd

114,414‌

112,206‌

Sime

Darby

Plantation

Bhd

48,700‌

51,409‌

Tenaga

Nasional

Bhd

719,099‌

1,572,060‌

Top

Glove

Corp.

Bhd

(a)

124,000‌

25,476‌

Total

4,471,612‌

Mexico

-

4.0%

America

Movil

SAB

de

CV

Series

L

325,558‌

295,366‌

Arca

Continental

SAB

de

CV

29,612‌

240,455‌

Cemex

SAB

de

CV

Series

CPO

(a)

788,503‌

318,845‌

Controladora

Vuela

Cia

de

Aviacion

SAB

de

CV

Class

A

(a)

32,090‌

26,858‌

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

66,111‌

514,409‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2022

(Unaudited)

Columbia

EM

Core

ex-China

ETF

|

Third

Quarter

Report

2022

|

3

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Grupo

Aeroportuario

del

Centro

Norte

SAB

de

CV

21,362‌

164,507‌

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV

Class

B

18,112‌

259,450‌

Grupo

Aeroportuario

del

Sureste

SAB

de

CV

Class

B

8,569‌

199,925‌

Grupo

Bimbo

SAB

de

CV

Series

A

169,640‌

716,958‌

Grupo

Financiero

Banorte

SAB

de

CV

Class

O

115,799‌

831,387‌

Grupo

Mexico

SAB

de

CV

Series

B

199,238‌

699,425‌

Grupo

Televisa

SAB

Series

CPO

3,210‌

2,919‌

Prologis

Property

Mexico

SA

de

CV

67,350‌

192,954‌

Regional

SAB

de

CV

22,157‌

159,282‌

Wal-Mart

de

Mexico

SAB

de

CV

325,294‌

1,144,949‌

Total

5,767,689‌

Philippines

-

1.6%

ACEN

Corp.

1,051,514‌

143,781‌

Ayala

Corp.

31,425‌

391,914‌

Ayala

Land,

Inc.

318,843‌

176,221‌

International

Container

Terminal

Services,

Inc.

12,870‌

46,189‌

JG

Summit

Holdings,

Inc.

159,647‌

144,098‌

Manila

Electric

Co.

84,437‌

452,735‌

SM

Investments

Corp.

50,822‌

820,776‌

SM

Prime

Holdings,

Inc.

269,226‌

171,505‌

Total

2,347,219‌

Poland

-

1.0%

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

83,930‌

579,593‌

Powszechny

Zaklad

Ubezpieczen

SA

98,975‌

799,246‌

Total

1,378,839‌

Russia

-

0.0%

Gazprom

PJSC

(c),(d)

251,024‌

0‌

LUKOIL

PJSC

(c),(d)

14,277‌

0‌

MMC

Norilsk

Nickel

PJSC

ADR

(c),(d)

19,108‌

0‌

Mobile

TeleSystems

PJSC

ADR

(a),(c),(d)

49,482‌

0‌

Total

0‌

South

Africa

-

6.4%

Absa

Group

Ltd.

16,716‌

190,493‌

Anglo

American

Platinum

Ltd.

4,621‌

386,974‌

Bid

Corp.

Ltd.

40,077‌

776,926‌

Bidvest

Group

Ltd.

(The)

59,707‌

752,312‌

Capitec

Bank

Holdings

Ltd.

3,393‌

370,622‌

FirstRand

Ltd.

359,215‌

1,311,457‌

Gold

Fields

Ltd.

51,958‌

537,902‌

Harmony

Gold

Mining

Co.

Ltd.

36,494‌

126,115‌

Impala

Platinum

Holdings

Ltd.

37,848‌

474,107‌

Mr

Price

Group

Ltd.

13,340‌

124,611‌

MTN

Group

Ltd.

77,396‌

579,048‌

Naspers

Ltd.

Class

N

8,798‌

1,460,390‌

Sasol

Ltd.

23,264‌

368,382‌

Shoprite

Holdings

Ltd.

68,901‌

915,170‌

Sibanye

Stillwater

Ltd.

144,164‌

378,902‌

Standard

Bank

Group

Ltd.

28,385‌

279,913‌

Thungela

Resources

Ltd.

7,659‌

129,035‌

Total

9,162,359‌

South

Korea

-

17.4%

Celltrion

Healthcare

Co.

Ltd.

4,473‌

205,167‌

Celltrion,

Inc.

6,498‌

824,806‌

DB

HiTek

Co.

Ltd.

(a)

4,975‌

146,162‌

Doosan

Enerbility

Co.

Ltd.

(a)

17,960‌

218,730‌

Ecopro

BM

Co.

Ltd.

281‌

20,467‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Hana

Financial

Group,

Inc.

23,849‌

793,081‌

HLB,

Inc.

(a)

5,051‌

113,448‌

HMM

Co.

Ltd.

(a)

19,977‌

308,858‌

HYBE

Co.

Ltd.

(a)

1,834‌

251,640‌

Hyundai

Mobis

Co.

Ltd.

3,506‌

555,914‌

Hyundai

Motor

Co.

8,109‌

968,334‌

Kakao

Corp.

16,382‌

687,927‌

KakaoBank

Corp.

(a)

10,074‌

193,593‌

KB

Financial

Group,

Inc.

26,878‌

1,030,908‌

Kia

Corp.

(a)

15,222‌

713,851‌

Krafton,

Inc.

(a)

1,156‌

153,585‌

L&F

Co.

Ltd.

(a)

854‌

117,176‌

LG

Chem

Ltd.

(a)

1,837‌

871,649‌

LG

Electronics,

Inc.

9,038‌

618,258‌

LG

Energy

Solution

Ltd.

(a)

1,164‌

400,887‌

LG

Innotek

Co.

Ltd.

(a)

446‌

89,059‌

NAVER

Corp.

7,233‌

1,015,308‌

POSCO

Holdings,

Inc.

4,712‌

1,030,342‌

Samsung

Electro-Mechanics

Co.

Ltd.

(a)

7,466‌

770,512‌

Samsung

Electronics

Co.

Ltd.

193,413‌

8,458,473‌

Samsung

Engineering

Co.

Ltd.

(a)

9,155‌

161,090‌

Samsung

SDI

Co.

Ltd.

2,943‌

1,375,495‌

Shinhan

Financial

Group

Co.

Ltd.

34,214‌

952,418‌

SK

Hynix,

Inc.

25,306‌

1,500,949‌

SK

Innovation

Co.

Ltd.

(a)

2,042‌

248,690‌

SK

Telecom

Co.

Ltd.

4,054‌

151,965‌

Wemade

Co.

Ltd.

186‌

4,641‌

Woori

Financial

Group,

Inc.

14,324‌

130,836‌

Total

25,084,219‌

Taiwan

-

25.3%

Accton

Technology

Corp.

17,108‌

130,527‌

Acer,

Inc.

196,251‌

150,370‌

Advantech

Co.

Ltd.

16,324‌

175,798‌

Alchip

Technologies

Ltd.

4,088‌

104,809‌

ASE

Technology

Holding

Co.

Ltd.

95,242‌

290,974‌

Asia

Vital

Components

Co.

Ltd.

41,151‌

149,954‌

Asustek

Computer,

Inc.

18,654‌

162,958‌

AUO

Corp.

369,841‌

180,495‌

Catcher

Technology

Co.

Ltd.

86,327‌

474,671‌

Cathay

Financial

Holding

Co.

Ltd.

111,620‌

145,265‌

Chailease

Holding

Co.

Ltd.

35,009‌

247,172‌

Chang

Hwa

Commercial

Bank

Ltd.

1,184,388‌

660,873‌

China

Airlines

Ltd.

115,217‌

71,225‌

China

Development

Financial

Holding

Corp.

287,270‌

117,766‌

China

Steel

Corp.

724,264‌

702,220‌

Chipbond

Technology

Corp.

380,394‌

710,404‌

Chunghwa

Telecom

Co.

Ltd.

309,410‌

1,137,555‌

CTBC

Financial

Holding

Co.

Ltd.

1,188,527‌

854,596‌

Delta

Electronics,

Inc.

64,258‌

598,979‌

E

Ink

Holdings,

Inc.

27,050‌

141,694‌

E.Sun

Financial

Holding

Co.

Ltd.

295,245‌

231,024‌

eMemory

Technology,

Inc.

4,293‌

186,467‌

Eva

Airways

Corp.

288,455‌

264,190‌

Far

Eastern

New

Century

Corp.

939,278‌

974,865‌

Far

EasTone

Telecommunications

Co.

Ltd.

301,212‌

645,829‌

Faraday

Technology

Corp.

15,554‌

72,114‌

Formosa

Chemicals

&

Fibre

Corp.

177,172‌

406,391‌

Formosa

Petrochemical

Corp.

173,445‌

453,145‌

Formosa

Plastics

Corp.

312,454‌

882,400‌

Fubon

Financial

Holding

Co.

Ltd.

138,457‌

253,620‌

Gigabyte

Technology

Co.

Ltd.

35,614‌

123,404‌

Hon

Hai

Precision

Industry

Co.

Ltd.

527,615‌

1,714,914‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2022

(Unaudited)

4

Columbia

EM

Core

ex-China

ETF

|

Third

Quarter

Report

2022

|

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Innolux

Corp.

461,929‌

166,072‌

Largan

Precision

Co.

Ltd.

6,210‌

412,175‌

Lite-On

Technology

Corp.

89,738‌

186,276‌

Makalot

Industrial

Co.

Ltd.

71,308‌

540,572‌

MediaTek,

Inc.

60,795‌

1,236,254‌

Mega

Financial

Holding

Co.

Ltd.

184,652‌

182,336‌

Nan

Ya

Plastics

Corp.

503,100‌

1,162,177‌

Novatek

Microelectronics

Corp.

23,834‌

244,656‌

PharmaEssentia

Corp.

(a)

5,397‌

83,759‌

President

Chain

Store

Corp.

62,018‌

548,841‌

Taiwan

Business

Bank

2,049,454‌

863,511‌

Taiwan

Mobile

Co.

Ltd.

292,108‌

900,022‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

976,810‌

14,253,853‌

Unimicron

Technology

Corp.

52,303‌

204,206‌

Uni-President

Enterprises

Corp.

388,741‌

842,353‌

United

Microelectronics

Corp.

(a)

493,885‌

654,003‌

Walsin

Lihwa

Corp.

110,001‌

168,927‌

Wan

Hai

Lines

Ltd.

14,926‌

38,899‌

Wiwynn

Corp.

4,496‌

116,585‌

Yang

Ming

Marine

Transport

Corp.

92,105‌

196,284‌

Total

36,418,429‌

Thailand

-

4.6%

Bangkok

Expressway

&

Metro

PCL

NVDR

676,857‌

191,517‌

Banpu

PCL

NVDR

46,000‌

18,195‌

BTS

Group

Holdings

PCL

NVDR

3,633,987‌

881,348‌

Bumrungrad

Hospital

PCL

NVDR

31,229‌

191,152‌

Central

Retail

Corp

PCL

NVDR

152,238‌

203,292‌

Charoen

Pokphand

Foods

PCL

NVDR

223,771‌

160,229‌

CP

ALL

PCL

NVDR

440,998‌

869,009‌

Delta

Electronics

Thailand

PCL

NVDR

23,800‌

570,348‌

Energy

Absolute

PCL

NVDR

57,435‌

160,854‌

Global

Power

Synergy

PCL

NVDR

11,700‌

24,660‌

Gulf

Energy

Development

PCL

NVDR

237,200‌

378,383‌

Home

Product

Center

PCL

NVDR

1,672,113‌

748,311‌

Kasikornbank

PCL

NVDR

33,284‌

141,746‌

Krung

Thai

Bank

PCL

NVDR

294,636‌

150,572‌

Minor

International

PCL

NVDR

(a)

156,291‌

145,529‌

SCB

X

PCL

199,489‌

616,293‌

Siam

Cement

PCL

(The)

45,601‌

450,283‌

Thai

Oil

PCL

NVDR

66,708‌

108,339‌

Thai

Union

Group

PCL

NVDR

1,095,929‌

534,754‌

Tisco

Financial

Group

PCL

NVDR

1,200‌

3,439‌

True

Corp

PCL

NVDR

801,389‌

111,989‌

Total

6,660,242‌

Turkey

-

1.1%

Eregli

Demir

ve

Celik

Fabrikalari

TAS

106,084‌

233,822‌

Turk

Hava

Yollari

AO

(a)

60,375‌

454,437‌

Turkiye

Petrol

Rafinerileri

AS

(a)

30,741‌

870,197‌

Total

1,558,456‌

Total

Common

Stocks

(Cost:

$

146,657,002

)

137,869,402‌

Preferred

Stocks

-

3

.6

%

Issuer

Shares

Value

($)

Brazil

-

3.3%

Azul

SA

Preference

Shares

(a)

2,490‌

5,193‌

Banco

Bradesco

SA

Preference

Shares

340,048‌

975,752‌

Gerdau

SA

Preference

Shares

54,012‌

300,456‌

Itau

Unibanco

Holding

SA

Preference

Shares

296,587‌

1,404,361‌

Itausa

SA

Preference

Shares

546,938‌

881,565‌

Preferred

Stocks

(continued)

Issuer

Shares

Value

($)

Petroleo

Brasileiro

SA

Preference

Shares

236,924‌

1,099,415‌

Total

4,666,742‌

Chile

-

0.3%

Sociedad

Quimica

y

Minera

de

Chile

SA

Preference

Shares

Class

B

6,101‌

491,260‌

Total

Preferred

Stocks

(Cost:

$

5,554,484

)

5,158,002‌

Right

-

0.0

%

Issuer

Shares

Value

($)

Brazil

-

0.0%

Localiza

Rent

a

Car

SA,

expiring

2/01/23

(a)

104‌

212‌

Total

Rights

(Cost:

$

0

)

212‌

Total

Investments

in

Securities

(Cost:

$152,211,486)

143,027,616‌

Other

Assets

&

Liabilities,

Net

853,320‌

Net

Assets

143,880,936‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2022

(Unaudited)

Columbia

EM

Core

ex-China

ETF

|

Third

Quarter

Report

2022

|

5

Notes

to

Portfolio

of

Investments

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2022,

the

total

value

of

these

securities

amounted

to

$4,290,249,

which

represents

2.98%

of

total

net

assets.

(c)

Represents

fair

value

as

determined

in

good

faith

under

procedures

approved

by

the

Board

of

Trustees.

At

December

31,

2022,

the

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

net

assets.

(d)

Valuation

based

on

significant

unobservable

inputs.

Abbreviation

Legend

ADR

American

Depositary

Receipts

GDR

Global

Depositary

Receipts

NVDR

Non-Voting

Depository

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

PORTFOLIO

OF

INVESTMENTS

Columbia

Emerging

Markets

Consumer

ETF

December

31,

2022

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

6

Columbia

Emerging

Markets

Consumer

ETF

|

Third

Quarter

Report

2022

Common

Stocks

-

99

.9

%

Issuer

Shares

Value

($)

Brazil

-

4.3%

Raia

Drogasil

SA

306,597‌

1,377,429‌

Telefonica

Brasil

SA

123,876‌

899,786‌

Vibra

Energia

SA

375,836‌

1,106,918‌

Total

3,384,133‌

China

-

42.2%

Alibaba

Group

Holding

Ltd.

ADR

(a)

39,832‌

3,508,801‌

ANTA

Sports

Products

Ltd.

71,499‌

937,142‌

Baidu,

Inc.

ADR

(a)

16,697‌

1,909,803‌

Bilibili,

Inc.

ADR

(a)

10,598‌

251,067‌

BYD

Co.

Ltd.

Class

H

55,952‌

1,380,708‌

China

Mengniu

Dairy

Co.

Ltd.

(a)

207,156‌

939,573‌

China

Resources

Beer

Holdings

Co.

Ltd.

100,446‌

702,033‌

China

Tower

Corp.

Ltd.

Class

H

(b)

3,109,692‌

334,677‌

Geely

Automobile

Holdings

Ltd.

295,452‌

431,541‌

Great

Wall

Motor

Co.

Ltd.

Class

H

198,081‌

257,849‌

Guangzhou

Automobile

Group

Co.

Ltd.

Class

H

187,757‌

126,535‌

Haier

Smart

Home

Co.

Ltd.

Class

H

158,701‌

540,868‌

Hengan

International

Group

Co.

Ltd.

43,067‌

228,717‌

JD.com,

Inc.

ADR

60,196‌

3,378,801‌

Kuaishou

Technology

(a),(b)

119,167‌

1,084,801‌

Li

Ning

Co.

Ltd.

154,322‌

1,339,575‌

Meituan

Class

B

(a),(b)

163,548‌

3,660,733‌

NetEase,

Inc.

ADR

25,382‌

1,843,495‌

Nongfu

Spring

Co.

Ltd.

Class

H

(b)

123,664‌

698,734‌

Pinduoduo,

Inc.

ADR

(a)

31,242‌

2,547,785‌

Tencent

Holdings

Ltd.

91,323‌

3,908,018‌

Tencent

Music

Entertainment

Group

ADR

(a)

32,673‌

270,532‌

Tingyi

Cayman

Islands

Holding

Corp.

116,385‌

205,483‌

Tsingtao

Brewery

Co.

Ltd.

Class

H

35,270‌

348,409‌

Vipshop

Holdings

Ltd.

ADR

(a)

19,645‌

267,958‌

Want

Want

China

Holdings

Ltd.

366,659‌

245,224‌

Yum

China

Holdings,

Inc.

28,015‌

1,531,020‌

Zhongsheng

Group

Holdings

Ltd.

38,247‌

196,749‌

Total

33,076,631‌

Greece

-

0.5%

Hellenic

Telecommunications

Organization

SA

24,468‌

380,995‌

India

-

20.3%

Avenue

Supermarts

Ltd.

(a),(b)

30,275‌

1,488,957‌

Hero

MotoCorp

Ltd.

27,203‌

900,580‌

Hindustan

Unilever

Ltd.

107,194‌

3,318,375‌

ITC

Ltd.

632,574‌

2,535,113‌

Mahindra

&

Mahindra

Ltd.

GDR

196,360‌

2,955,218‌

Maruti

Suzuki

India

Ltd.

28,838‌

2,926,187‌

Nestle

India

Ltd.

7,588‌

1,798,264‌

Total

15,922,694‌

Indonesia

-

3.3%

PT

Astra

International

Tbk

2,773,666‌

1,015,570‌

PT

Telkom

Indonesia

Persero

Tbk

6,529,453‌

1,572,857‌

Total

2,588,427‌

Kuwait

-

1.1%

Mobile

Telecommunications

Co.

KSCP

472,081‌

868,425‌

Mexico

-

3.0%

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

125,262‌

974,662‌

Grupo

Televisa

SAB

Series

CPO

177,435‌

161,344‌

Wal-Mart

de

Mexico

SAB

de

CV

330,826‌

1,164,420‌

Total

2,300,426‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Russia

-

0.0%

Magnit

PJSC

GDR

(a),(c),(d)

2‌

0‌

Magnit

PJSC

(a),(c),(d)

15,524‌

0‌

Mobile

TeleSystems

PJSC

ADR

(a),(c),(d)

86,390‌

0‌

Yandex

NV

Class

A

(a),(c),(d)

66,463‌

0‌

Total

0‌

Saudi

Arabia

-

5.4%

Almarai

Co.

JSC

44,134‌

628,305‌

Etihad

Etisalat

Co.

65,514‌

605,804‌

Saudi

Telecom

Co.

305,356‌

2,973,930‌

Total

4,208,039‌

South

Africa

-

3.1%

Shoprite

Holdings

Ltd.

103,353‌

1,372,775‌

Vodacom

Group

Ltd.

142,489‌

1,027,529‌

Total

2,400,304‌

Taiwan

-

11.5%

Chunghwa

Telecom

Co.

Ltd.

761,209‌

2,798,608‌

Far

EasTone

Telecommunications

Co.

Ltd.

324,641‌

696,063‌

Hotai

Motor

Co.

Ltd.

70,577‌

1,350,206‌

President

Chain

Store

Corp.

113,580‌

1,005,149‌

Taiwan

Mobile

Co.

Ltd.

351,048‌

1,081,624‌

Uni-President

Enterprises

Corp.

970,860‌

2,103,733‌

Total

9,035,383‌

Thailand

-

3.3%

Advanced

Info

Service

PCL

151,103‌

850,731‌

CP

ALL

PCL

591,492‌

1,165,565‌

Thai

Beverage

PCL

1,136,828‌

580,620‌

Total

2,596,916‌

United

Arab

Emirates

-

1.9%

Emirates

Telecommunications

Group

Co.

PJSC

236,876‌

1,474,408‌

Total

Common

Stocks

(Cost:

$

87,713,793

)

78,236,781‌

Total

Investments

in

Securities

(Cost:

$87,713,793)

78,236,781‌

Other

Assets

&

Liabilities,

Net

87,010‌

Net

Assets

78,323,791‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

Emerging

Markets

Consumer

ETF

December

31,

2022

(Unaudited)

Columbia

Emerging

Markets

Consumer

ETF

|

Third

Quarter

Report

2022

7

Notes

to

Portfolio

of

Investments

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2022,

the

total

value

of

these

securities

amounted

to

$7,267,902,

which

represents

9.28%

of

total

net

assets.

(c)

Represents

fair

value

as

determined

in

good

faith

under

procedures

approved

by

the

Board

of

Trustees.

At

December

31,

2022,

the

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

net

assets.

(d)

Valuation

based

on

significant

unobservable

inputs.

Abbreviation

Legend

ADR

American

Depositary

Receipts

GDR

Global

Depositary

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

PORTFOLIO

OF

INVESTMENTS

(Consolidated)

Columbia

India

Consumer

ETF

December

31,

2022

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

8

Columbia

India

Consumer

ETF

|

Third

Quarter

Report

2002

|

Notes

to

Consolidated

Portfolio

of

Investments

Common

Stocks

-

103

.6

%

Issuer

Shares

Value

($)

Consumer

Discretionary

-

56.7%

Bajaj

Auto

Ltd.

76,207‌

3,330,936‌

Balkrishna

Industries

Ltd.

57,231‌

1,474,357‌

Bharat

Forge

Ltd.

167,587‌

1,782,322‌

Bosch

Ltd.

6,179‌

1,289,442‌

Eicher

Motors

Ltd.

94,131‌

3,672,565‌

FSN

E-Commerce

Ventures

Ltd.

(a)

477,117‌

893,044‌

Hero

MotoCorp

Ltd.

92,564‌

3,064,413‌

Jubilant

Foodworks

Ltd.

273,630‌

1,690,301‌

Mahindra

&

Mahindra

Ltd.

355,002‌

5,360,432‌

Maruti

Suzuki

India

Ltd.

36,727‌

3,726,683‌

Page

Industries

Ltd.

3,602‌

1,865,076‌

Relaxo

Footwears

Ltd.

33,932‌

373,260‌

Samvardhana

Motherson

International

Ltd.

1,452,926‌

1,302,242‌

Sona

Blw

Precision

Forgings

Ltd.

(b)

117,136‌

593,963‌

Tata

Motors

Ltd.

(a)

623,833‌

2,925,372‌

Titan

Co.

Ltd.

104,610‌

3,284,473‌

TVS

Motor

Co.

Ltd.

143,580‌

1,883,739‌

Zomato

Ltd.

(a)

1,964,256‌

1,407,958‌

Total

39,920,578‌

Consumer

Staples

-

46.9%

Avenue

Supermarts

Ltd.

(a),(b)

62,124‌

3,055,325‌

Britannia

Industries

Ltd.

81,520‌

4,244,450‌

Colgate-Palmolive

India

Ltd.

95,118‌

1,766,345‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Dabur

India

Ltd.

406,928‌

2,761,631‌

Godrej

Consumer

Products

Ltd.

(a)

249,386‌

2,634,786‌

Hindustan

Unilever

Ltd.

124,549‌

3,855,629‌

ITC

Ltd.

1,103,684‌

4,423,141‌

Marico

Ltd.

373,941‌

2,304,531‌

Nestle

India

Ltd.

15,055‌

3,567,851‌

Procter

&

Gamble

Hygiene

&

Health

Care

Ltd.

6,761‌

1,187,931‌

United

Breweries

Ltd.

45,947‌

944,044‌

United

Spirits

Ltd.

(a)

209,750‌

2,224,901‌

Total

32,970,565‌

Total

Common

Stocks

(Cost:

$

52,118,255

)

72,891,143‌

Money

Market

Funds

-

0

.2

%

Issuer

Shares

Value

($)

Goldman

Sachs

Financial

Square

Funds

—

Treasury

Instruments

Fund,

Institutional

Shares,

3.932%

(c)

163,010‌

163,010‌

Total

Money

Market

Funds

(Cost:

$163,010)

163,010‌

Total

Investments

in

Securities

(Cost:

$52,281,265)

73,054,153‌

Other

Assets

&

Liabilities,

Net

(

2,653,857‌

)

Net

Assets

70,400,296‌

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2022,

the

total

value

of

these

securities

amounted

to

$3,649,288,

which

represents

5.18%

of

total

net

assets.

(c)

The

rate

shown

is

the

seven-day

current

annualized

yield

at

December

31,

2022.

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

3QT279_03_N01_(02/23)

You

may

at

any

time

request,

free

of

charge,

to

receive

a

paper

copy

of

this

report

by

calling

800.345.6611.