INQQ
India Internet & Ecommerce ETF
Schedule of Investments
November 30, 2022 (Unaudited)
Description | Shares | Fair Value | ||||||
COMMON STOCK — 99.6% | ||||||||
India — 96.1% | ||||||||
Communication Services —18.2% | ||||||||
Affle India* | 2,842 | $ | 43,766 | |||||
Brightcom Group | 51,416 | 22,666 | ||||||
Info Edge India | 1,321 | 64,781 | ||||||
Nazara Technologies* | 1,956 | 14,176 | ||||||
145,389 | ||||||||
Consumer Discretionary —17.9% | ||||||||
FSN E-Commerce Ventures* | 17,670 | 37,386 | ||||||
MakeMyTrip* | 1,708 | 50,711 | ||||||
Zomato* | 68,784 | 55,112 | ||||||
143,209 | ||||||||
Energy —9.3% | ||||||||
Reliance Industries | 2,229 | 74,760 | ||||||
Financials —19.5% | ||||||||
Angel One | 2,106 | 41,303 | ||||||
ICICI Securities | 4,854 | 31,439 | ||||||
Indian Energy Exchange | 20,727 | 37,631 | ||||||
Motilal Oswal Financial Services | 2,151 | 17,504 | ||||||
PB Fintech* | 4,974 | 27,653 | ||||||
155,530 | ||||||||
Industrials —15.0% | ||||||||
IndiaMart InterMesh | 725 | 39,026 | ||||||
Indian Railway Catering & Tourism | 6,884 | 62,233 | ||||||
TeamLease Services* | 612 | 18,745 | ||||||
120,004 | ||||||||
Information Technology —16.2% | ||||||||
Happiest Minds Technologies | 2,415 | 28,100 | ||||||
Intellect Design Arena | 4,189 | 23,634 | ||||||
One 97 Communications* | 5,062 | 29,942 | ||||||
Route Mobile | 1,425 | 23,236 | ||||||
Tanla Platforms | 2,485 | 24,157 | ||||||
129,069 | ||||||||
Total India | 767,961 | |||||||
Sweden — 3.5% | ||||||||
Information Technology —3.5% | ||||||||
Truecaller, Cl B* | 7,844 | 28,150 | ||||||
Total Common Stock | ||||||||
(Cost $1,005,157) | 796,111 | |||||||
Total Investments in Securities - 99.6% | ||||||||
(Cost $1,005,157) | $ | 796,111 |
Percentages are based on net assets of $799,010.
* | Non-income producing security. |
Cl — Class
As of November 30, 2022, all of the Fund's investments were considered level 1, in accordance with the authoritative guidance under U.S. GAAP.
For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent semiannual and annual financial statements.
INQ-QH-001-0200
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