Exchange Traded Concepts Trust (NUKZ) NPORT-P India Internet & Ecommerce ETF (May 2023 report)

INQQ

India Internet & Ecommerce ETF

Schedule of Investments

May 31, 2023 (Unaudited)

Description	Shares		Fair Value
COMMON STOCK — 98.5%
India — 93.3%
Communication Services —14.5%
Affle India*		6,011	$	69,689
Brightcom Group		213,163		48,181
Info Edge India		3,079		151,615
Nazara Technologies*		4,028		31,211
				300,696
Consumer Discretionary —18.6%
Easy Trip Planners*		55,537		30,845
FSN E-Commerce Ventures*		56,074		84,756
MakeMyTrip*		3,899		101,647
Zomato*		201,919		168,527
				385,775
Energy —7.4%
Reliance Industries		5,140		153,451
Financials —26.0%
Angel One		4,736		77,023
ICICI Securities		10,298		61,746
Indian Energy Exchange		53,414		98,781
Motilal Oswal Financial Services		4,526		34,878
One 97 Communications*		16,406		138,287
PB Fintech*		17,461		127,889
				538,604
Industrials —12.8%
IndiaMart InterMesh		1,602		108,060
Indian Railway Catering & Tourism		15,508		121,748
TeamLease Services*		1,296		34,800
				264,608
Information Technology —14.0%
Happiest Minds Technologies		8,342		92,816
Intellect Design Arena		8,977		63,585
Route Mobile		3,061		53,173
Tanla Platforms		8,364		79,705
				289,279
Total India				1,932,413
Sweden — 2.3%
Information Technology —2.3%
Truecaller, Cl B*		15,398		47,976
United States — 2.9%
Information Technology —2.9%
Ebix		3,083		61,413

Description	Fair Value
Total Common Stock
(Cost $2,173,115)	$	2,041,802
Total Investments in Securities- 98.5%
(Cost $2,173,115)	$	2,041,802

Percentages are based on net assets of $2,073,262.

* Non-income producing security.

Cl — Class

INQ-QH-001-0300