QRAFT AI-Enhanced U.S. Next Value ETF SCHEDULE OF INVESTMENTS | January 31, 2024 (Unaudited) |
Number of Shares | Value | |||||||
COMMON STOCKS – 99.5% | ||||||||
COMMUNICATION SERVICES – 0.4% | ||||||||
Nexstar Media Group, Inc. | 35 | $ | 6,220 | |||||
CONSUMER DISCRETIONARY – 24.6% | ||||||||
Abercrombie & Fitch Co., Class A* | 55 | 5,604 | ||||||
Asbury Automotive Group, Inc.* | 35 | 7,317 | ||||||
AutoNation, Inc.* | 66 | 9,218 | ||||||
Best Buy Co., Inc. | 212 | 15,368 | ||||||
Booking Holdings, Inc.* | 34 | 119,254 | ||||||
Buckle, Inc. (The) | 76 | 2,826 | ||||||
Cavco Industries, Inc.* | 30 | 9,958 | ||||||
Century Communities, Inc. | 83 | 7,196 | ||||||
Dick's Sporting Goods, Inc. | 68 | 10,137 | ||||||
Dillard's, Inc., Class A | 17 | 6,584 | ||||||
Foot Locker, Inc. | 95 | 2,675 | ||||||
Grand Canyon Education, Inc.* | 38 | 4,962 | ||||||
Green Brick Partners, Inc.* | 139 | 7,252 | ||||||
Group 1 Automotive, Inc. | 31 | 8,062 | ||||||
H&R Block, Inc. | 139 | 6,511 | ||||||
LCI Industries | 37 | 4,117 | ||||||
Lennar Corp., Class A | 289 | 43,307 | ||||||
M/I Homes, Inc.* | 77 | 9,811 | ||||||
MDC Holdings, Inc. | 145 | 9,074 | ||||||
Meritage Homes Corp. | 64 | 10,599 | ||||||
Murphy USA, Inc. | 52 | 18,331 | ||||||
Patrick Industries, Inc. | 78 | 7,830 | ||||||
Penske Automotive Group, Inc. | 80 | 11,870 | ||||||
Signet Jewelers Ltd. | 50 | 4,974 | ||||||
Steven Madden Ltd. | 83 | 3,476 | ||||||
Taylor Morrison Home Corp.* | 114 | 5,944 | ||||||
Thor Industries, Inc. | 53 | 5,990 | ||||||
Toll Brothers, Inc. | 131 | 13,015 | ||||||
Tri Pointe Homes, Inc.* | 371 | 12,811 | ||||||
Upbound Group Inc. | 72 | 2,390 | ||||||
Williams-Sonoma, Inc. | 76 | 14,698 | ||||||
Winnebago Industries, Inc. | 42 | 2,760 | ||||||
403,921 | ||||||||
CONSUMER STAPLES – 7.8% | ||||||||
Andersons, Inc. (The) | 92 | 4,849 | ||||||
Coca-Cola Consolidated, Inc. | 25 | 21,535 | ||||||
Kroger Co. (The) | 702 | 32,390 | ||||||
Sprouts Farmers Market, Inc.* | 101 | 5,087 | ||||||
Target Corp. | 455 | 63,282 | ||||||
Weis Markets, Inc. | 27 | 1,640 | ||||||
128,783 | ||||||||
ENERGY – 24.1% | ||||||||
Alliance Resource Partners LP | 195 | 4,097 | ||||||
Canadian Natural Resources Ltd. | 1,051 | 67,253 | ||||||
Cenovus Energy, Inc. | 1,842 | 29,804 | ||||||
Civitas Resources, Inc. | 96 | 6,222 | ||||||
CONSOL Energy, Inc. | 30 | 2,838 |
Number of Shares | Value | |||||||
COMMON STOCKS (Continued) | ||||||||
ENERGY (Continued) | ||||||||
Coterra Energy, Inc. | 727 | $ | 18,088 | |||||
Dorian LPG Ltd. | 48 | 1,797 | ||||||
EOG Resources, Inc. | 565 | 64,291 | ||||||
HF Sinclair Corp. | 250 | 14,122 | ||||||
Marathon Petroleum Corp. | 381 | 63,094 | ||||||
PBF Energy, Inc., Class A | 167 | 8,435 | ||||||
Phillips 66 | 422 | 60,899 | ||||||
Range Resources Corp. | 262 | 7,608 | ||||||
Valero Energy Corp. | 336 | 46,670 | ||||||
Vermilion Energy, Inc. | 160 | 1,722 | ||||||
396,940 | ||||||||
FINANCIALS – 2.6% | ||||||||
Affiliated Managers Group, Inc. | 45 | 6,698 | ||||||
Donnelley Financial Solutions, Inc.* | 75 | 4,659 | ||||||
Jefferies Financial Group, Inc. | 204 | 8,315 | ||||||
Synchrony Financial | 458 | 17,802 | ||||||
Valley National Bancorp | 497 | 4,781 | ||||||
42,255 | ||||||||
HEALTH CARE – 8.5% | ||||||||
AMN Healthcare Services, Inc.* | 89 | 6,587 | ||||||
Centene Corp.* | 541 | 40,743 | ||||||
CVS Health Corp. | 1,241 | 92,293 | ||||||
139,623 | ||||||||
INDUSTRIALS – 13.7% | ||||||||
ASGN, Inc.* | 90 | 8,354 | ||||||
Atkore, Inc.* | 81 | 12,355 | ||||||
Beacon Roofing Supply, Inc.* | 82 | 6,797 | ||||||
Boise Cascade Co. | 119 | 16,120 | ||||||
Builders FirstSource, Inc.* | 233 | 40,479 | ||||||
CACI International, Inc., Class A* | 30 | 10,312 | ||||||
CH Robinson Worldwide, Inc. | 183 | 15,388 | ||||||
Encore Wire Corp. | 72 | 16,236 | ||||||
Hub Group, Inc., Class A* | 190 | 8,603 | ||||||
ICF International, Inc. | 28 | 3,893 | ||||||
Korn Ferry | 110 | 6,454 | ||||||
Landstar System, Inc. | 69 | 13,229 | ||||||
Matson, Inc. | 106 | 11,875 | ||||||
Mueller Industries, Inc. | 295 | 14,160 | ||||||
Robert Half, Inc. | 149 | 11,851 | ||||||
Simpson Manufacturing Co., Inc. | 49 | 8,869 | ||||||
Star Bulk Carriers Corp. | 129 | 2,804 | ||||||
Sterling Infrastructure, Inc.* | 80 | 6,008 | ||||||
UFP Industries, Inc. | 110 | 12,480 | ||||||
226,267 | ||||||||
INFORMATION TECHNOLOGY – 3.0% | ||||||||
Celestica, Inc.* | 186 | 6,391 | ||||||
Cognizant Technology Solutions Corp., Class A | 549 | 42,339 | ||||||
48,730 |
QRAFT AI-Enhanced U.S. Next Value ETF SCHEDULE OF INVESTMENTS (Concluded) | January 31, 2024 (Unaudited) |
Number of Shares | Value | |||||||
COMMON STOCKS (Continued) | ||||||||
MATERIALS – 14.7% | ||||||||
Alpha Metallurgical Resources, Inc. | 15 | $ | 5,988 | |||||
Cleveland-Cliffs, Inc.* | 561 | 11,248 | ||||||
Greif, Inc., Class A | 101 | 6,324 | ||||||
ICL Group Ltd. | 1,361 | 6,192 | ||||||
Louisiana-Pacific Corp. | 134 | 8,918 | ||||||
Methanex Corp. | 84 | 3,723 | ||||||
Mosaic Co. (The) | 387 | 11,885 | ||||||
Nucor Corp. | 288 | 53,836 | ||||||
Nutrien Ltd. | 497 | 24,785 | ||||||
Olin Corp. | 138 | 7,186 | ||||||
Reliance Steel & Aluminum Co. | 85 | 24,261 | ||||||
Steel Dynamics, Inc. | 269 | 32,466 | ||||||
United States Steel Corp. | 244 | 11,473 | ||||||
Warrior Met Coal, Inc. | 55 | 3,529 | ||||||
Westlake Corp. | 141 | 19,507 | ||||||
Westrock Co. | 253 | 10,186 | ||||||
241,507 | ||||||||
REAL ESTATE – 0.1% | ||||||||
eXp World Holdings, Inc. | 161 | 1,993 | ||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $1,572,645) | 1,636,239 | |||||||
SHORT-TERM INVESTMENTS – 0.5% | ||||||||
Invesco Government & Agency Portfolio - Institutional Class, 5.25%(a) | 7,825 | 7,825 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $7,825) | 7,825 | |||||||
TOTAL INVESTMENTS – 100.0% | ||||||||
(Cost $1,580,470) | 1,644,064 | |||||||
Other Assets in Excess of Liabilities – 0.0% | 833 | |||||||
TOTAL NET ASSETS – 100.0% | $ | 1,644,897 |
* | Non-income producing security. |
(a) | The rate is the annualized seven-day yield at period end. |