Not
FDIC
or
NCUA
Insured
No
Financial
Institution
Guarantee
May
Lose
Value
STRATEGIC
BETA
ETFs
FIRST
QUARTER
REPORT
January
31,
2024
(Unaudited)
Columbia
Research
Enhanced
Core
ETF
Columbia
Research
Enhanced
Value
ETF
PORTFOLIO
OF
INVESTMENTS
Columbia
Research
Enhanced
Core
ETF
January
31,
2024
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
2
Columbia
Research
Enhanced
Core
ETF
|
First
Quarter
Report
2024
Common
Stocks
99.3%
Issuer
Shares
Value
($)
Communication
Services 8.5%
Diversified
Telecommunication
Services
0.5%
Verizon
Communications,
Inc.
39,577
1,676,086
Entertainment
0.3%
Electronic
Arts,
Inc.
2,530
348,077
Live
Nation
Entertainment,
Inc.
(a)
1,433
127,322
Playtika
Holding
Corp.
(a)
202
1,458
Roku,
Inc.
(a)
1,099
96,778
Spotify
Technology
SA
(a)
1,296
279,094
Total
852,729
Interactive
Media
&
Services
7.0%
Alphabet,
Inc.
Class
A
(a)
56,094
7,858,769
Alphabet,
Inc.
Class
C
(a)
47,948
6,799,027
Match
Group,
Inc.
(a)
2,615
100,364
Meta
Platforms,
Inc.
Class
A
(a)
20,193
7,878,097
Pinterest,
Inc.
Class
A
(a)
5,385
201,776
Total
22,838,033
Media
0.7%
Comcast
Corp.
Class
A
38,116
1,773,919
Fox
Corp.
Class
A
2,403
77,617
Fox
Corp.
Class
B
1,231
36,942
New
York
Times
Co.
(The)
Class
A
1,509
73,277
Trade
Desk,
Inc.
(The)
Class
A
(a)
4,001
273,788
Total
2,235,543
Total
Communication
Services
27,602,391
Consumer
Discretionary 10.8%
Automobile
Components
0.0%
Lear
Corp.
936
124,394
Phinia,
Inc.
749
22,650
Total
147,044
Automobiles
0.0%
Thor
Industries,
Inc.
808
91,320
Broadline
Retail
7.0%
Amazon.com,
Inc.
(a)
141,195
21,913,464
Coupang,
Inc.
(a)
16,855
235,970
eBay,
Inc.
8,422
345,892
Kohl's
Corp.
1,696
43,689
Nordstrom,
Inc.
1,756
31,871
Ollie's
Bargain
Outlet
Holdings,
Inc.
(a)
974
70,060
Total
22,640,946
Diversified
Consumer
Services
0.0%
ADT,
Inc.
3,223
21,046
H&R
Block,
Inc.
2,392
112,041
Total
133,087
Hotels,
Restaurants
&
Leisure
1.5%
Booking
Holdings,
Inc.
(a)
567
1,988,735
Caesars
Entertainment,
Inc.
(a)
3,146
138,015
Carnival
Corp.
(a)
15,473
256,542
DraftKings,
Inc.
Class
A
(a)
6,474
252,810
Expedia
Group,
Inc.
(a)
2,233
331,221
Hilton
Worldwide
Holdings,
Inc.
4,029
769,378
Las
Vegas
Sands
Corp.
5,593
273,610
MGM
Resorts
International
(a)
4,433
192,259
Royal
Caribbean
Cruises
Ltd.
(a)
3,650
465,375
Travel
+
Leisure
Co.
1,090
44,058
Wendy's
Co.
(The)
2,721
51,917
Wynn
Resorts
Ltd.
1,580
149,199
Total
4,913,119
Household
Durables
0.8%
DR
Horton,
Inc.
4,828
689,969
Leggett
&
Platt,
Inc.
2,092
48,555
Lennar
Corp.
Class
A
3,834
574,525
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Lennar
Corp.
Class
B
186
25,808
Mohawk
Industries,
Inc.
(a)
840
87,570
NVR,
Inc.
(a)
42
297,162
PulteGroup,
Inc.
3,348
350,067
Toll
Brothers,
Inc.
1,694
168,299
TopBuild
Corp.
(a)
489
180,505
Total
2,422,460
Specialty
Retail
1.2%
Dick's
Sporting
Goods,
Inc.
938
139,828
Gap,
Inc.
(The)
3,026
56,556
O'Reilly
Automotive,
Inc.
(a)
946
967,805
Ross
Stores,
Inc.
5,275
739,977
TJX
Cos.,
Inc.
(The)
18,078
1,715,783
Williams-Sonoma,
Inc.
996
192,616
Total
3,812,565
Textiles,
Apparel
&
Luxury
Goods
0.3%
Carter's,
Inc.
570
43,115
Crocs,
Inc.
(a)
955
96,913
Deckers
Outdoor
Corp.
(a)
415
312,798
Ralph
Lauren
Corp.
610
87,639
Skechers
USA.,
Inc.
Class
A
(a)
2,087
130,312
Tapestry,
Inc.
3,664
142,127
Total
812,904
Total
Consumer
Discretionary
34,973,445
Consumer
Staples 5.8%
Beverages
1.2%
Coca-Cola
Co.
(The)
60,840
3,619,372
Molson
Coors
Beverage
Co.
Class
B
2,717
167,883
Total
3,787,255
Consumer
Staples
Distribution
0.6%
Albertsons
Cos.,
Inc.
Class
A
6,439
136,636
Kroger
Co.
(The)
10,202
470,720
Target
Corp.
7,181
998,734
US
Foods
Holding
Corp.
(a)
3,543
163,013
Walgreens
Boots
Alliance,
Inc.
11,033
249,015
Total
2,018,118
Food
Products
0.6%
Bunge
Global
SA
2,314
203,840
Campbell
Soup
Co.
3,031
135,273
General
Mills,
Inc.
9,270
601,716
Ingredion,
Inc.
1,017
109,399
JM
Smucker
Co.
(The)
1,640
215,742
Kellanova
4,084
223,640
Kraft
Heinz
Co.
(The)
12,618
468,506
Seaboard
Corp.
4
14,412
Total
1,972,528
Household
Products
2.4%
Colgate-Palmolive
Co.
12,860
1,082,812
Kimberly-Clark
Corp.
5,332
645,012
Procter
&
Gamble
Co.
(The)
37,038
5,820,151
Reynolds
Consumer
Products,
Inc.
859
23,339
Total
7,571,314
Tobacco
1.0%
Altria
Group,
Inc.
27,857
1,117,623
Philip
Morris
International,
Inc.
24,147
2,193,755
Total
3,311,378
Total
Consumer
Staples
18,660,593
Energy 3.8%
Energy
Equipment
&
Services
0.1%
Baker
Hughes
Co.
11,459
326,582
TechnipFMC
PLC
4,998
96,661
Total
423,243
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Core
ETF
January
31,
2024
(Unaudited)
Columbia
Research
Enhanced
Core
ETF
|
First
Quarter
Report
2024
3
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Oil,
Gas
&
Consumable
Fuels
3.7%
Chevron
Corp.
20,087
2,961,426
Coterra
Energy,
Inc.
8,551
212,749
EOG
Resources,
Inc.
6,736
766,489
EQT
Corp.
4,126
146,060
Exxon
Mobil
Corp.
46,038
4,733,167
HF
Sinclair
Corp.
1,631
92,135
Marathon
Oil
Corp.
7,002
159,996
Marathon
Petroleum
Corp.
4,844
802,166
Phillips
66
5,280
761,957
Pioneer
Natural
Resources
Co.
2,655
610,199
Valero
Energy
Corp.
4,034
560,323
Total
11,806,667
Total
Energy
12,229,910
Financials 13.5%
Banks
6.7%
Bank
of
America
Corp.
131,359
4,467,520
Bank
OZK
2,034
91,754
Citigroup,
Inc.
36,723
2,062,731
Comerica,
Inc.
2,451
128,873
East
West
Bancorp,
Inc.
2,631
191,563
Fifth
Third
Bancorp
12,740
436,218
First
Citizens
BancShares,
Inc.
Class
A
187
282,370
FNB
Corp.
6,727
88,662
JPMorgan
Chase
&
Co.
54,361
9,478,384
M&T
Bank
Corp.
3,155
435,705
New
York
Community
Bancorp,
Inc.
13,661
88,387
Popular,
Inc.
1,332
113,819
Webster
Financial
Corp.
3,236
160,117
Wells
Fargo
&
Co.
68,832
3,453,990
Wintrust
Financial
Corp.
1,119
108,521
Zions
Bancorp
NA
2,729
114,345
Total
21,702,959
Capital
Markets
1.5%
Affiliated
Managers
Group,
Inc.
648
96,448
Bank
of
New
York
Mellon
Corp.
(The)
14,649
812,434
Cboe
Global
Markets,
Inc.
1,971
362,368
CME
Group,
Inc.
6,811
1,401,976
Franklin
Resources,
Inc.
5,442
144,921
Invesco
Ltd.
6,870
108,752
Janus
Henderson
Group
PLC
2,491
71,641
LPL
Financial
Holdings,
Inc.
1,427
341,324
Nasdaq,
Inc.
6,508
375,967
SEI
Investments
Co.
1,917
121,231
State
Street
Corp.
5,986
442,186
T
Rowe
Price
Group,
Inc.
4,249
460,804
Virtu
Financial,
Inc.
Class
A
1,679
28,191
XP,
Inc.
Class
A
6,391
157,091
Total
4,925,334
Consumer
Finance
0.1%
Synchrony
Financial
7,828
304,274
Financial
Services
3.4%
Corebridge
Financial,
Inc.
4,406
106,493
Euronet
Worldwide,
Inc.
(a)
893
88,988
Fiserv,
Inc.
(a)
11,475
1,627,958
Global
Payments,
Inc.
4,972
662,420
MGIC
Investment
Corp.
5,329
105,727
Visa,
Inc.
Class
A
30,859
8,432,530
Western
Union
Co.
(The)
7,035
88,430
Total
11,112,546
Insurance
1.8%
Assurant,
Inc.
998
167,614
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Axis
Capital
Holdings
Ltd.
1,467
87,316
Brown
&
Brown,
Inc.
4,496
348,710
CNA
Financial
Corp.
493
21,726
Everest
Group
Ltd.
821
316,060
Hartford
Financial
Services
Group,
Inc.
(The)
5,808
505,064
Lincoln
National
Corp.
3,220
88,389
Loews
Corp.
3,528
257,050
Marsh
&
McLennan
Cos.,
Inc.
9,430
1,827,911
MetLife,
Inc.
12,203
845,912
Old
Republic
International
Corp.
5,099
142,976
Reinsurance
Group
of
America,
Inc.
1,267
220,319
RenaissanceRe
Holdings
Ltd.
947
216,702
Unum
Group
3,715
179,583
Willis
Towers
Watson
PLC
1,984
488,659
Total
5,713,991
Total
Financials
43,759,104
Health
Care 12.6%
Biotechnology
2.2%
AbbVie,
Inc.
12,620
2,074,728
Alnylam
Pharmaceuticals,
Inc.
(a)
928
160,461
Amgen,
Inc.
3,863
1,213,986
Apellis
Pharmaceuticals,
Inc.
(a)
749
47,404
Biogen,
Inc.
(a)
1,027
253,320
BioMarin
Pharmaceutical,
Inc.
(a)
1,376
121,198
Exact
Sciences
Corp.
(a)
1,298
84,889
Exelixis,
Inc.
(a)
2,307
50,200
Gilead
Sciences,
Inc.
8,882
695,105
Incyte
Corp.
(a)
1,342
78,869
Ionis
Pharmaceuticals,
Inc.
(a)
1,031
52,983
Karuna
Therapeutics,
Inc.
(a)
274
85,877
Mirati
Therapeutics,
Inc.
(a),(b),(c),(d)
315
221
Moderna,
Inc.
(a)
2,376
240,095
Natera,
Inc.
(a)
757
49,917
Neurocrine
Biosciences,
Inc.
(a)
729
101,892
Regeneron
Pharmaceuticals,
Inc.
(a)
768
724,055
Roivant
Sciences
Ltd.
(a)
2,466
24,660
Sarepta
Therapeutics,
Inc.
(a)
638
75,916
Ultragenyx
Pharmaceutical,
Inc.
(a)
495
21,834
United
Therapeutics
Corp.
(a)
337
72,381
Vertex
Pharmaceuticals,
Inc.
(a)
1,873
811,721
Total
7,041,712
Health
Care
Equipment
&
Supplies
2.7%
Abbott
Laboratories
34,754
3,932,415
Align
Technology,
Inc.
(a)
1,495
399,643
Baxter
International,
Inc.
10,307
398,778
DENTSPLY
SIRONA,
Inc.
4,319
150,085
GE
HealthCare
Technologies,
Inc.
7,733
567,293
Hologic,
Inc.
(a)
4,963
369,446
Integra
LifeSciences
Holdings
Corp.
(a)
1,434
57,575
Medtronic
PLC
26,856
2,350,974
QuidelOrtho
Corp.
(a)
1,072
73,443
Zimmer
Biomet
Holdings,
Inc.
4,222
530,283
Total
8,829,935
Health
Care
Providers
&
Services
2.2%
Cardinal
Health,
Inc.
5,108
557,743
Cencora,
Inc.
3,230
751,556
Centene
Corp.
(a)
10,974
826,452
Cigna
Group
(The)
5,874
1,767,780
DaVita,
Inc.
(a)
1,056
114,217
Humana,
Inc.
2,493
942,504
McKesson
Corp.
2,722
1,360,701
Molina
Healthcare,
Inc.
(a)
1,169
416,678
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Core
ETF
January
31,
2024
(Unaudited)
4
Columbia
Research
Enhanced
Core
ETF
|
First
Quarter
Report
2024
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Premier,
Inc.
Class
A
2,386
51,585
Tenet
Healthcare
Corp.
(a)
1,948
161,178
Total
6,950,394
Life
Sciences
Tools
&
Services
0.3%
Avantor,
Inc.
(a)
13,545
311,400
Bio-Rad
Laboratories,
Inc.
Class
A
(a)
434
139,266
Fortrea
Holdings,
Inc.
(a)
1,809
56,007
ICON
PLC
(a)
1,635
426,523
Maravai
LifeSciences
Holdings,
Inc.
Class
A
(a)
2,243
13,009
Medpace
Holdings,
Inc.
(a)
466
135,876
Total
1,082,081
Pharmaceuticals
5.2%
Bristol-Myers
Squibb
Co.
42,281
2,066,272
Jazz
Pharmaceuticals
PLC
(a)
1,234
151,436
Johnson
&
Johnson
48,910
7,771,799
Merck
&
Co.,
Inc.
51,281
6,193,719
Organon
&
Co.
5,307
88,362
Perrigo
Co.
PLC
2,795
89,664
Royalty
Pharma
PLC
Class
A
7,515
213,351
Viatris,
Inc.
23,919
281,527
Total
16,856,130
Total
Health
Care
40,760,252
Industrials 9.3%
Aerospace
&
Defense
0.1%
Curtiss-Wright
Corp.
923
205,432
Air
Freight
&
Logistics
0.5%
Expeditors
International
of
Washington,
Inc.
3,688
465,905
FedEx
Corp.
5,542
1,337,229
Total
1,803,134
Building
Products
1.1%
A
O
Smith
Corp.
2,995
232,442
Advanced
Drainage
Systems,
Inc.
1,661
216,628
AZEK
Co.,
Inc.
(The)
(a)
3,223
124,279
Builders
FirstSource,
Inc.
(a)
3,083
535,610
Carlisle
Cos.,
Inc.
1,217
382,454
Carrier
Global
Corp.
19,376
1,060,061
Fortune
Brands
Innovations,
Inc.
3,042
236,029
Masco
Corp.
5,421
364,779
Owens
Corning
2,159
327,153
Total
3,479,435
Commercial
Services
&
Supplies
0.5%
Cintas
Corp.
2,124
1,284,107
Veralto
Corp.
5,299
406,380
Total
1,690,487
Construction
&
Engineering
0.2%
AECOM
3,193
281,591
EMCOR
Group,
Inc.
1,109
252,974
Total
534,565
Electrical
Equipment
0.2%
Acuity
Brands,
Inc.
769
183,145
Vertiv
Holdings
Co.
Class
A
7,972
449,063
Total
632,208
Ground
Transportation
0.6%
CSX
Corp.
49,527
1,768,114
Landstar
System,
Inc.
878
168,330
Ryder
System,
Inc.
1,074
121,974
Total
2,058,418
Industrial
Conglomerates
0.4%
3M
Co.
13,357
1,260,233
Machinery
2.9%
AGCO
Corp.
1,490
182,272
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Allison
Transmission
Holdings,
Inc.
2,213
133,975
Caterpillar,
Inc.
12,455
3,740,361
Crane
Co.
1,118
138,755
Donaldson
Co.,
Inc.
2,919
188,538
Esab
Corp.
1,361
117,032
Fortive
Corp.
8,627
674,459
Gates
Industrial
Corp.
PLC
(a)
2,692
34,673
ITT,
Inc.
1,967
237,574
Lincoln
Electric
Holdings,
Inc.
1,346
299,108
PACCAR,
Inc.
12,477
1,252,566
Parker-Hannifin
Corp.
3,085
1,432,983
Pentair
PLC
3,963
289,973
Snap-on,
Inc.
1,282
371,690
Stanley
Black
&
Decker,
Inc.
3,728
347,822
Timken
Co.
(The)
1,501
122,947
Total
9,564,728
Marine
Transportation
0.0%
Kirby
Corp.
(a)
1,435
112,877
Passenger
Airlines
0.4%
American
Airlines
Group,
Inc.
(a)
15,966
227,196
Delta
Air
Lines,
Inc.
15,598
610,506
United
Airlines
Holdings,
Inc.
(a)
8,012
331,536
Total
1,169,238
Professional
Services
2.0%
Automatic
Data
Processing,
Inc.
10,092
2,480,412
Broadridge
Financial
Solutions,
Inc.
2,850
581,970
CACI
International,
Inc.
Class
A
(a)
542
186,301
Genpact
Ltd.
4,362
156,596
Jacobs
Solutions,
Inc.
3,095
417,113
ManpowerGroup,
Inc.
1,235
91,563
Paychex,
Inc.
7,879
959,111
Robert
Half,
Inc.
2,572
204,577
Science
Applications
International
Corp.
1,324
169,022
SS&C
Technologies
Holdings,
Inc.
5,275
321,880
Verisk
Analytics,
Inc.
3,498
844,872
Total
6,413,417
Trading
Companies
&
Distributors
0.4%
Core
&
Main,
Inc.
Class
A
(a)
2,885
119,180
Ferguson
PLC
4,969
933,476
MSC
Industrial
Direct
Co.,
Inc.
Class
A
1,097
108,252
WESCO
International,
Inc.
1,042
180,808
Total
1,341,716
Total
Industrials
30,265,888
Information
Technology 27.8%
Communications
Equipment
1.0%
Arista
Networks,
Inc.
(a)
2,290
592,377
Cisco
Systems,
Inc.
38,893
1,951,651
F5,
Inc.
(a)
557
102,321
Juniper
Networks,
Inc.
3,026
111,841
Motorola
Solutions,
Inc.
1,548
494,586
Total
3,252,776
Electronic
Equipment,
Instruments
&
Components
0.0%
Crane
NXT
Co.
458
26,692
TD
SYNNEX
Corp.
440
43,991
Total
70,683
IT
Services
0.1%
Okta,
Inc.
(a)
1,422
117,528
VeriSign,
Inc.
(a)
871
173,225
Total
290,753
Semiconductors
&
Semiconductor
Equipment
5.5%
Allegro
MicroSystems,
Inc.
(a)
730
18,936
Applied
Materials,
Inc.
8,078
1,327,215
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Core
ETF
January
31,
2024
(Unaudited)
Columbia
Research
Enhanced
Core
ETF
|
First
Quarter
Report
2024
5
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Cirrus
Logic,
Inc.
(a)
519
40,067
Enphase
Energy,
Inc.
(a)
1,320
137,452
Lam
Research
Corp.
1,292
1,066,120
Lattice
Semiconductor
Corp.
(a)
1,292
78,631
NVIDIA
Corp.
22,177
13,644,843
QUALCOMM,
Inc.
10,599
1,574,057
Skyworks
Solutions,
Inc.
1,479
154,496
Total
18,041,817
Software
13.0%
Adobe,
Inc.
(a)
4,360
2,693,521
Atlassian
Corp.
Class
A
(a)
1,345
335,941
Autodesk,
Inc.
(a)
2,023
513,458
Cadence
Design
Systems,
Inc.
(a)
2,581
744,515
Crowdstrike
Holdings,
Inc.
Class
A
(a)
1,968
575,640
Datadog,
Inc.
Class
A
(a)
2,632
327,526
DocuSign,
Inc.
(a)
1,833
111,666
Dropbox,
Inc.
Class
A
(a)
2,447
77,521
Dynatrace,
Inc.
(a)
2,277
129,789
Fortinet,
Inc.
(a)
6,126
395,066
Gen
Digital,
Inc.
5,308
124,632
HubSpot,
Inc.
(a)
428
261,508
Intuit,
Inc.
2,600
1,641,458
Microsoft
Corp.
70,168
27,897,393
Nutanix,
Inc.
Class
A
(a)
2,145
120,549
Palo
Alto
Networks,
Inc.
(a)
2,813
952,229
Salesforce,
Inc.
(a)
8,942
2,513,507
ServiceNow,
Inc.
(a)
1,898
1,452,729
Smartsheet,
Inc.
Class
A
(a)
1,225
55,088
Splunk,
Inc.
(a)
1,445
221,620
Workday,
Inc.
Class
A
(a)
1,869
544,010
Zoom
Video
Communications,
Inc.
Class
A
(a)
2,342
151,316
Zscaler,
Inc.
(a)
841
198,198
Total
42,038,880
Technology
Hardware,
Storage
&
Peripherals
8.2%
Apple,
Inc.
140,857
25,974,031
HP,
Inc.
8,201
235,451
NetApp,
Inc.
1,982
172,830
Pure
Storage,
Inc.
Class
A
(a)
2,629
105,134
Total
26,487,446
Total
Information
Technology
90,182,355
Materials 2.6%
Chemicals
1.1%
CF
Industries
Holdings,
Inc.
5,939
448,454
LyondellBasell
Industries
NV
Class
A
7,732
727,736
Mosaic
Co.
(The)
9,996
306,977
NewMarket
Corp.
170
94,828
Olin
Corp.
3,833
199,584
PPG
Industries,
Inc.
7,104
1,001,948
RPM
International,
Inc.
3,794
404,668
Scotts
Miracle-Gro
Co.
(The)
1,267
71,281
Westlake
Corp.
967
133,785
Total
3,389,261
Construction
Materials
0.1%
Eagle
Materials,
Inc.
1,038
234,879
Containers
&
Packaging
0.4%
Berry
Global
Group,
Inc.
3,582
234,478
Graphic
Packaging
Holding
Co.
9,179
234,156
International
Paper
Co.
10,393
372,381
Packaging
Corp.
of
America
2,668
442,568
Total
1,283,583
Metals
&
Mining
1.0%
Cleveland-Cliffs,
Inc.
(a)
15,188
304,519
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Nucor
Corp.
7,621
1,424,593
Reliance
Steel
&
Aluminum
Co.
1,778
507,477
Southern
Copper
Corp.
2,417
198,436
Steel
Dynamics,
Inc.
4,885
589,571
United
States
Steel
Corp.
6,658
313,059
Total
3,337,655
Total
Materials
8,245,378
Real
Estate 2.5%
Health
Care
REITs
0.1%
Healthpeak
Properties,
Inc.
11,353
210,031
Medical
Properties
Trust,
Inc.
12,512
38,787
Total
248,818
Hotel
&
Resort
REITs
0.1%
Host
Hotels
&
Resorts,
Inc.
14,486
278,421
Park
Hotels
&
Resorts,
Inc.
4,381
66,065
Total
344,486
Industrial
REITs
0.0%
STAG
Industrial,
Inc.
3,712
137,121
Office
REITs
0.1%
Cousins
Properties,
Inc.
3,106
71,158
Kilroy
Realty
Corp.
2,404
85,967
NET
Lease
Office
Properties
301
7,459
Total
164,584
Real
Estate
Management
&
Development
0.2%
CoStar
Group,
Inc.
(a)
8,381
699,646
Residential
REITs
0.3%
American
Homes
4
Rent
Class
A
6,811
238,726
Apartment
Income
REIT
Corp.
3,073
100,456
Essex
Property
Trust,
Inc.
1,320
307,916
Invitation
Homes,
Inc.
12,519
412,251
Total
1,059,349
Retail
REITs
0.4%
Brixmor
Property
Group,
Inc.
6,146
137,916
NNN
REIT,
Inc.
3,794
153,050
Simon
Property
Group,
Inc.
6,657
922,727
Total
1,213,693
Specialized
REITs
1.3%
American
Tower
Corp.
9,861
1,929,305
EPR
Properties
1,527
67,600
Equinix,
Inc.
1,944
1,613,073
Gaming
and
Leisure
Properties,
Inc.
5,225
238,521
SBA
Communications
Corp.
2,288
512,192
Total
4,360,691
Total
Real
Estate
8,228,388
Utilities 2.1%
Electric
Utilities
1.3%
American
Electric
Power
Co.,
Inc.
15,901
1,242,504
Edison
International
11,543
778,922
Entergy
Corp.
6,469
645,348
Evergy,
Inc.
6,839
347,216
Hawaiian
Electric
Industries,
Inc.
3,362
43,605
PG&E
Corp.
60,328
1,017,733
Pinnacle
West
Capital
Corp.
3,514
242,115
Total
4,317,443
Gas
Utilities
0.2%
Atmos
Energy
Corp.
4,466
508,856
Independent
Power
and
Renewable
Electricity
Producers
0.2%
Brookfield
Renewable
Corp.
Class
A
4,128
115,254
Clearway
Energy,
Inc.
Class
A
1,042
23,403
Clearway
Energy,
Inc.
Class
C
2,495
60,479
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Core
ETF
January
31,
2024
(Unaudited)
6
Columbia
Research
Enhanced
Core
ETF
|
First
Quarter
Report
2024
Notes
to
Portfolio
of
Investments
(a)
Non-income
producing
investment.
(b)
Represents
fair
value
as
determined
in
good
faith
under
procedures
approved
by
the
Board
of
Trustees.
At
January
31,
2024,
the
value
of
these
securities
amounted
to
$221,
which
represents
less
than
0.01%
of
net
assets.
(c)
Denotes
a
restricted
security,
which
is
subject
to
legal
or
contractual
restrictions
on
resale
under
federal
securities
laws.
Disposal
of
a
restricted
investment
may
involve
time-consuming
negotiations
and
expenses,
and
prompt
sale
at
an
acceptable
price
may
be
difficult
to
achieve.
Private
placement
securities
are
generally
considered
to
be
restricted,
although
certain
of
those
securities
may
be
traded
between
qualified
institutional
investors
under
the
provisions
of
Section
4(a)(2)
and
Rule
144A.
The
Fund
will
not
incur
any
registration
costs
upon
such
a
trade.
These
securities
are
valued
at
fair
value
determined
in
good
faith
under
consistently
applied
procedures
approved
by
the
Fund’s
Board
of
Trustees.
At
January
31,
2024,
the
total
market
value
of
these
securities
amounted
to
$221,
which
represents
less
than
0.01%
of
total
net
assets.
Additional
information
on
these
securities
is
as
follows:
(d)
Valuation
based
on
significant
unobservable
inputs.
(e)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
January
31,
2024.
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Vistra
Corp.
11,359
466,060
Total
665,196
Multi-Utilities
0.4%
Ameren
Corp.
8,105
563,865
CenterPoint
Energy,
Inc.
19,312
539,577
NiSource,
Inc.
12,728
330,546
Total
1,433,988
Total
Utilities
6,925,483
Total
Common
Stocks
(Cost
$302,153,442)
321,833,187
Money
Market
Funds
0.6%
Issuer
Shares
Value
($)
Goldman
Sachs
Financial
Square
Treasury
Instruments
Fund,
Institutional
Shares
5.169%
(e)
1,867,497
1,867,497
Total
Money
Market
Funds
(Cost
$1,867,497)
1,867,497
Total
Investments
in
Securities
(Cost
$304,020,939)
323,700,684
Other
Assets
&
Liabilities,
Net
191,065
Net
Assets
323,891,749
Security
Acquisition
Date
Shares
Cost
($)
Value
($)
Mirati
Therapeutics,
Inc.
01/24/2024
315
—
221
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.
PORTFOLIO
OF
INVESTMENTS
Columbia
Research
Enhanced
Value
ETF
January
31,
2024
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
Columbia
Research
Enhanced
Value
ETF
|
First
Quarter
Report
2024
7
Common
Stocks
97.7%
Issuer
Shares
Value
($)
Communication
Services 5.0%
Diversified
Telecommunication
Services
2.6%
AT&T,
Inc.
14,420
255,090
Verizon
Communications,
Inc.
8,481
359,170
Total
614,260
Entertainment
0.5%
Electronic
Arts,
Inc.
542
74,568
Live
Nation
Entertainment,
Inc.
(a)
241
21,413
Playtika
Holding
Corp.
(a)
6
43
Roku,
Inc.
(a)
210
18,493
Total
114,517
Interactive
Media
&
Services
0.0%
Match
Group,
Inc.
(a)
54
2,073
Media
1.9%
Comcast
Corp.
Class
A
8,175
380,464
Fox
Corp.
Class
A
517
16,699
Fox
Corp.
Class
B
260
7,803
New
York
Times
Co.
(The)
Class
A
328
15,928
News
Corp.
Class
A
760
18,726
News
Corp.
Class
B
230
5,881
Total
445,501
Total
Communication
Services
1,176,351
Consumer
Discretionary 5.1%
Automobile
Components
0.1%
Lear
Corp.
206
27,377
Phinia,
Inc.
162
4,899
Total
32,276
Automobiles
0.1%
Thor
Industries,
Inc.
173
19,553
Broadline
Retail
0.4%
eBay,
Inc.
1,725
70,846
Kohl's
Corp.
370
9,531
Nordstrom,
Inc.
382
6,933
Ollie's
Bargain
Outlet
Holdings,
Inc.
(a)
144
10,358
Total
97,668
Diversified
Consumer
Services
0.1%
ADT,
Inc.
707
4,616
H&R
Block,
Inc.
183
8,572
Total
13,188
Hotels,
Restaurants
&
Leisure
1.4%
Caesars
Entertainment,
Inc.
(a)
405
17,767
Carnival
Corp.
(a)
3,369
55,858
Expedia
Group,
Inc.
(a)
130
19,283
Hilton
Worldwide
Holdings,
Inc.
475
90,706
MGM
Resorts
International
(a)
962
41,722
Royal
Caribbean
Cruises
Ltd.
(a)
556
70,890
Travel
+
Leisure
Co.
131
5,295
Wynn
Resorts
Ltd.
330
31,162
Total
332,683
Household
Durables
2.1%
DR
Horton,
Inc.
1,050
150,055
Lennar
Corp.
Class
A
842
126,174
Lennar
Corp.
Class
B
44
6,105
NVR,
Inc.
(a)
9
63,678
PulteGroup,
Inc.
733
76,642
Toll
Brothers,
Inc.
369
36,660
TopBuild
Corp.
(a)
100
36,913
Total
496,227
Specialty
Retail
0.5%
Dick's
Sporting
Goods,
Inc.
189
28,174
Gap,
Inc.
(The)
654
12,223
O'Reilly
Automotive,
Inc.
(a)
33
33,761
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Ross
Stores,
Inc.
78
10,942
Williams-Sonoma,
Inc.
190
36,744
Total
121,844
Textiles,
Apparel
&
Luxury
Goods
0.4%
Carter's,
Inc.
127
9,606
Ralph
Lauren
Corp.
136
19,539
Skechers
USA.,
Inc.
Class
A
(a)
420
26,225
Tapestry,
Inc.
746
28,938
Total
84,308
Total
Consumer
Discretionary
1,197,747
Consumer
Staples 8.0%
Beverages
0.1%
Molson
Coors
Beverage
Co.
Class
B
512
31,636
Consumer
Staples
Distribution
0.7%
Kroger
Co.
(The)
1,925
88,820
US
Foods
Holding
Corp.
(a)
668
30,735
Walgreens
Boots
Alliance,
Inc.
2,078
46,900
Total
166,455
Food
Products
1.6%
Bunge
Global
SA
436
38,407
Campbell
Soup
Co.
567
25,305
General
Mills,
Inc.
1,750
113,593
Ingredion,
Inc.
197
21,191
JM
Smucker
Co.
(The)
305
40,123
Kellanova
769
42,110
Kraft
Heinz
Co.
(The)
2,375
88,184
Seaboard
Corp.
1
3,603
Total
372,516
Household
Products
4.7%
Colgate-Palmolive
Co.
2,425
204,185
Kimberly-Clark
Corp.
58
7,016
Procter
&
Gamble
Co.
(The)
5,672
891,298
Reynolds
Consumer
Products,
Inc.
162
4,402
Total
1,106,901
Tobacco
0.9%
Altria
Group,
Inc.
5,252
210,710
Total
Consumer
Staples
1,888,218
Energy 7.8%
Energy
Equipment
&
Services
0.4%
Baker
Hughes
Co.
2,266
64,581
TechnipFMC
PLC
988
19,108
Total
83,689
Oil,
Gas
&
Consumable
Fuels
7.4%
Coterra
Energy,
Inc.
1,686
41,948
EOG
Resources,
Inc.
1,330
151,341
EQT
Corp.
816
28,886
Exxon
Mobil
Corp.
9,108
936,394
HF
Sinclair
Corp.
317
17,907
Marathon
Oil
Corp.
1,385
31,647
Marathon
Petroleum
Corp.
955
158,148
Phillips
66
1,042
150,371
Pioneer
Natural
Resources
Co.
523
120,201
Valero
Energy
Corp.
798
110,842
Total
1,747,685
Total
Energy
1,831,374
Financials 20.5%
Banks
13.1%
Bank
of
America
Corp.
21,141
719,005
Bank
OZK
332
14,976
Citigroup,
Inc.
5,912
332,077
Comerica,
Inc.
395
20,769
East
West
Bancorp,
Inc.
422
30,726
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Value
ETF
January
31,
2024
(Unaudited)
8
Columbia
Research
Enhanced
Value
ETF
|
First
Quarter
Report
2024
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Fifth
Third
Bancorp
2,049
70,158
First
Citizens
BancShares,
Inc.
Class
A
30
45,300
JPMorgan
Chase
&
Co.
6,467
1,127,586
M&T
Bank
Corp.
507
70,017
New
York
Community
Bancorp,
Inc.
2,195
14,202
Popular,
Inc.
214
18,286
Webster
Financial
Corp.
520
25,730
Wells
Fargo
&
Co.
11,078
555,894
Wintrust
Financial
Corp.
182
17,650
Zions
Bancorp
NA
440
18,436
Total
3,080,812
Capital
Markets
3.1%
Affiliated
Managers
Group,
Inc.
110
16,373
Bank
of
New
York
Mellon
Corp.
(The)
2,357
130,719
Cboe
Global
Markets,
Inc.
319
58,648
CME
Group,
Inc.
1,095
225,395
Franklin
Resources,
Inc.
873
23,248
Invesco
Ltd.
1,106
17,508
Janus
Henderson
Group
PLC
401
11,533
Nasdaq,
Inc.
1,047
60,485
SEI
Investments
Co.
309
19,541
State
Street
Corp.
963
71,137
T
Rowe
Price
Group,
Inc.
685
74,288
Virtu
Financial,
Inc.
Class
A
267
4,483
XP,
Inc.
Class
A
943
23,179
Total
736,537
Consumer
Finance
0.2%
Synchrony
Financial
1,258
48,899
Financial
Services
1.5%
Corebridge
Financial,
Inc.
704
17,016
Euronet
Worldwide,
Inc.
(a)
74
7,374
Fiserv,
Inc.
(a)
1,341
190,248
Global
Payments,
Inc.
801
106,717
MGIC
Investment
Corp.
855
16,963
Western
Union
Co.
(The)
969
12,180
Total
350,498
Insurance
2.6%
Assurant,
Inc.
163
27,376
Axis
Capital
Holdings
Ltd.
240
14,285
Brown
&
Brown,
Inc.
439
34,049
CNA
Financial
Corp.
81
3,570
Everest
Group
Ltd.
115
44,271
Hartford
Financial
Services
Group,
Inc.
(The)
933
81,134
Lincoln
National
Corp.
470
12,901
Loews
Corp.
565
41,166
Marsh
&
McLennan
Cos.,
Inc.
301
58,346
MetLife,
Inc.
1,962
136,006
Old
Republic
International
Corp.
820
22,993
Reinsurance
Group
of
America,
Inc.
204
35,473
Unum
Group
598
28,907
Willis
Towers
Watson
PLC
284
69,949
Total
610,426
Total
Financials
4,827,172
Health
Care 14.5%
Biotechnology
1.8%
Alnylam
Pharmaceuticals,
Inc.
(a)
31
5,360
Amgen,
Inc.
202
63,480
Biogen,
Inc.
(a)
167
41,192
BioMarin
Pharmaceutical,
Inc.
(a)
198
17,440
Exact
Sciences
Corp.
(a)
135
8,829
Exelixis,
Inc.
(a)
96
2,089
Gilead
Sciences,
Inc.
1,428
111,755
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Incyte
Corp.
(a)
55
3,232
Ionis
Pharmaceuticals,
Inc.
(a)
26
1,336
Karuna
Therapeutics,
Inc.
(a)
4
1,254
Mirati
Therapeutics,
Inc.
(a),(b),(c),(d)
51
36
Moderna,
Inc.
(a)
383
38,702
Regeneron
Pharmaceuticals,
Inc.
(a)
115
108,420
Roivant
Sciences
Ltd.
(a)
25
250
United
Therapeutics
Corp.
(a)
52
11,169
Vertex
Pharmaceuticals,
Inc.
(a)
28
12,135
Total
426,679
Health
Care
Equipment
&
Supplies
2.6%
Baxter
International,
Inc.
1,424
55,095
DENTSPLY
SIRONA,
Inc.
601
20,885
GE
HealthCare
Technologies,
Inc.
989
72,553
Hologic,
Inc.
(a)
686
51,066
Integra
LifeSciences
Holdings
Corp.
(a)
202
8,110
Medtronic
PLC
3,720
325,649
QuidelOrtho
Corp.
(a)
154
10,550
Zimmer
Biomet
Holdings,
Inc.
588
73,853
Total
617,761
Health
Care
Providers
&
Services
3.9%
Cardinal
Health,
Inc.
345
37,671
Centene
Corp.
(a)
1,519
114,396
Cigna
Group
(The)
755
227,217
Elevance
Health,
Inc.
573
282,741
Humana,
Inc.
199
75,234
McKesson
Corp.
233
116,474
Molina
Healthcare,
Inc.
(a)
75
26,733
Premier,
Inc.
Class
A
333
7,199
Tenet
Healthcare
Corp.
(a)
270
22,340
Total
910,005
Life
Sciences
Tools
&
Services
0.0%
Fortrea
Holdings,
Inc.
(a)
251
7,771
Pharmaceuticals
6.2%
Bristol-Myers
Squibb
Co.
5,855
286,134
Jazz
Pharmaceuticals
PLC
(a)
82
10,063
Johnson
&
Johnson
6,776
1,076,707
Organon
&
Co.
732
12,188
Perrigo
Co.
PLC
387
12,415
Royalty
Pharma
PLC
Class
A
1,042
29,582
Viatris,
Inc.
3,312
38,982
Total
1,466,071
Total
Health
Care
3,428,287
Industrials 13.7%
Aerospace
&
Defense
0.2%
Curtiss-Wright
Corp.
167
37,169
Air
Freight
&
Logistics
1.3%
Expeditors
International
of
Washington,
Inc.
576
72,766
FedEx
Corp.
1,003
242,014
Total
314,780
Building
Products
2.5%
A
O
Smith
Corp.
481
37,330
AZEK
Co.,
Inc.
(The)
(a)
585
22,558
Builders
FirstSource,
Inc.
(a)
555
96,420
Carlisle
Cos.,
Inc.
217
68,194
Carrier
Global
Corp.
3,507
191,868
Fortune
Brands
Innovations,
Inc.
548
42,519
Masco
Corp.
979
65,877
Owens
Corning
388
58,794
Total
583,560
Commercial
Services
&
Supplies
0.4%
Cintas
Corp.
42
25,392
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Value
ETF
January
31,
2024
(Unaudited)
Columbia
Research
Enhanced
Value
ETF
|
First
Quarter
Report
2024
9
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Veralto
Corp.
954
73,162
Total
98,554
Construction
&
Engineering
0.4%
AECOM
576
50,797
EMCOR
Group,
Inc.
133
30,339
Total
81,136
Electrical
Equipment
0.5%
Acuity
Brands,
Inc.
136
32,390
Vertiv
Holdings
Co.
Class
A
1,338
75,369
Total
107,759
Ground
Transportation
1.3%
CSX
Corp.
7,966
284,386
Landstar
System,
Inc.
34
6,519
Ryder
System,
Inc.
199
22,600
Total
313,505
Machinery
3.9%
AGCO
Corp.
271
33,151
Allison
Transmission
Holdings,
Inc.
358
21,673
Caterpillar,
Inc.
564
169,375
Crane
Co.
207
25,691
Donaldson
Co.,
Inc.
309
19,958
Esab
Corp.
247
21,240
Fortive
Corp.
1,558
121,804
Gates
Industrial
Corp.
PLC
(a)
484
6,234
ITT,
Inc.
357
43,118
Lincoln
Electric
Holdings,
Inc.
15
3,333
Parker-Hannifin
Corp.
556
258,262
Pentair
PLC
716
52,390
Snap-on,
Inc.
230
66,684
Stanley
Black
&
Decker,
Inc.
676
63,071
Timken
Co.
(The)
272
22,280
Total
928,264
Marine
Transportation
0.1%
Kirby
Corp.
(a)
260
20,452
Passenger
Airlines
0.8%
American
Airlines
Group,
Inc.
(a)
1,813
25,799
Delta
Air
Lines,
Inc.
2,676
104,739
United
Airlines
Holdings,
Inc.
(a)
1,447
59,877
Total
190,415
Professional
Services
1.3%
Automatic
Data
Processing,
Inc.
259
63,657
Broadridge
Financial
Solutions,
Inc.
85
17,357
CACI
International,
Inc.
Class
A
(a)
99
34,029
Genpact
Ltd.
592
21,253
Jacobs
Solutions,
Inc.
558
75,202
ManpowerGroup,
Inc.
220
16,311
Science
Applications
International
Corp.
241
30,766
SS&C
Technologies
Holdings,
Inc.
951
58,030
Total
316,605
Trading
Companies
&
Distributors
1.0%
Core
&
Main,
Inc.
Class
A
(a)
639
26,397
Ferguson
PLC
849
159,493
MSC
Industrial
Direct
Co.,
Inc.
Class
A
203
20,032
WESCO
International,
Inc.
190
32,969
Total
238,891
Total
Industrials
3,231,090
Information
Technology 9.1%
Communications
Equipment
3.4%
Cisco
Systems,
Inc.
14,016
703,323
F5,
Inc.
(a)
205
37,658
Juniper
Networks,
Inc.
1,082
39,991
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Motorola
Solutions,
Inc.
45
14,378
Total
795,350
Electronic
Equipment,
Instruments
&
Components
0.1%
Crane
NXT
Co.
166
9,674
TD
SYNNEX
Corp.
160
15,997
Vontier
Corp.
350
12,107
Total
37,778
IT
Services
0.6%
Amdocs
Ltd.
403
36,947
Okta,
Inc.
(a)
480
39,672
VeriSign,
Inc.
(a)
296
58,869
Total
135,488
Semiconductors
&
Semiconductor
Equipment
1.3%
Applied
Materials,
Inc.
449
73,771
Cirrus
Logic,
Inc.
(a)
187
14,436
Lam
Research
Corp.
27
22,280
Microchip
Technology,
Inc.
526
44,805
MKS
Instruments,
Inc.
223
23,738
QUALCOMM,
Inc.
488
72,473
Skyworks
Solutions,
Inc.
535
55,886
Teradyne,
Inc.
89
8,596
Total
315,985
Software
3.2%
AppLovin
Corp.
Class
A
(a)
525
21,593
Dropbox,
Inc.
Class
A
(a)
97
3,073
Gen
Digital,
Inc.
1,605
37,685
Informatica,
Inc.
Class
A
(a)
132
3,960
Nutanix,
Inc.
Class
A
(a)
584
32,821
Oracle
Corp.
3,048
340,462
PTC,
Inc.
(a)
183
33,059
Salesforce,
Inc.
(a)
791
222,342
Uipath,
Inc.
Class
A
(a)
287
6,595
Zoom
Video
Communications,
Inc.
Class
A
(a)
846
54,660
Total
756,250
Technology
Hardware,
Storage
&
Peripherals
0.5%
HP,
Inc.
2,349
67,440
NetApp,
Inc.
432
37,670
Pure
Storage,
Inc.
Class
A
(a)
207
8,278
Total
113,388
Total
Information
Technology
2,154,239
Materials 4.8%
Chemicals
1.8%
CF
Industries
Holdings,
Inc.
855
64,561
LyondellBasell
Industries
NV
Class
A
1,113
104,755
Mosaic
Co.
(The)
1,436
44,099
NewMarket
Corp.
29
16,176
Olin
Corp.
554
28,847
PPG
Industries,
Inc.
765
107,896
RPM
International,
Inc.
442
47,144
Westlake
Corp.
139
19,231
Total
432,709
Construction
Materials
0.1%
Eagle
Materials,
Inc.
51
11,540
Containers
&
Packaging
1.0%
Berry
Global
Group,
Inc.
514
33,647
Graphic
Packaging
Holding
Co.
613
15,638
International
Paper
Co.
1,495
53,566
Packaging
Corp.
of
America
383
63,532
Sonoco
Products
Co.
426
24,239
Westrock
Co.
1,089
43,843
Total
234,465
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Value
ETF
January
31,
2024
(Unaudited)
10
Columbia
Research
Enhanced
Value
ETF
|
First
Quarter
Report
2024
Notes
to
Portfolio
of
Investments
(a)
Non-income
producing
investment.
(b)
Represents
fair
value
as
determined
in
good
faith
under
procedures
approved
by
the
Board
of
Trustees.
At
January
31,
2024,
the
value
of
these
securities
amounted
to
$36,
which
represents
less
than
0.01%
of
net
assets.
(c)
Denotes
a
restricted
security,
which
is
subject
to
legal
or
contractual
restrictions
on
resale
under
federal
securities
laws.
Disposal
of
a
restricted
investment
may
involve
time-consuming
negotiations
and
expenses,
and
prompt
sale
at
an
acceptable
price
may
be
difficult
to
achieve.
Private
placement
securities
are
generally
considered
to
be
restricted,
although
certain
of
those
securities
may
be
traded
between
qualified
institutional
investors
under
the
provisions
of
Section
4(a)(2)
and
Rule
144A.
The
Fund
will
not
incur
any
registration
costs
upon
such
a
trade.
These
securities
are
valued
at
fair
value
determined
in
good
faith
under
consistently
applied
procedures
approved
by
the
Fund’s
Board
of
Trustees.
At
January
31,
2024,
the
total
market
value
of
these
securities
amounted
to
$36,
which
represents
less
than
0.01%
of
total
net
assets.
Additional
information
on
these
securities
is
as
follows:
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Metals
&
Mining
1.9%
Cleveland-Cliffs,
Inc.
(a)
2,187
43,850
Nucor
Corp.
1,095
204,688
Reliance
Steel
&
Aluminum
Co.
255
72,782
Steel
Dynamics,
Inc.
701
84,604
United
States
Steel
Corp.
955
44,904
Total
450,828
Total
Materials
1,129,542
Real
Estate 4.6%
Health
Care
REITs
0.2%
Healthpeak
Properties,
Inc.
2,395
44,308
Medical
Properties
Trust,
Inc.
2,650
8,215
Total
52,523
Hotel
&
Resort
REITs
0.3%
Host
Hotels
&
Resorts,
Inc.
3,054
58,698
Park
Hotels
&
Resorts,
Inc.
919
13,858
Total
72,556
Industrial
REITs
0.3%
EastGroup
Properties,
Inc.
191
33,889
STAG
Industrial,
Inc.
783
28,924
Total
62,813
Office
REITs
0.2%
Cousins
Properties,
Inc.
652
14,937
Kilroy
Realty
Corp.
511
18,274
NET
Lease
Office
Properties
58
1,437
Total
34,648
Real
Estate
Management
&
Development
0.4%
CoStar
Group,
Inc.
(a)
1,012
84,482
Residential
REITs
0.9%
American
Homes
4
Rent
Class
A
1,435
50,297
Apartment
Income
REIT
Corp.
646
21,118
Essex
Property
Trust,
Inc.
277
64,616
Invitation
Homes,
Inc.
2,647
87,165
Total
223,196
Retail
REITs
0.9%
Brixmor
Property
Group,
Inc.
1,301
29,195
NNN
REIT,
Inc.
805
32,474
Simon
Property
Group,
Inc.
1,099
152,332
Total
214,001
Specialized
REITs
1.4%
EPR
Properties
328
14,521
Equinix,
Inc.
207
171,762
Gaming
and
Leisure
Properties,
Inc.
1,108
50,580
Common
Stocks
(continued)
Issuer
Shares
Value
($)
SBA
Communications
Corp.
434
97,155
Total
334,018
Total
Real
Estate
1,078,237
Utilities 4.6%
Electric
Utilities
2.9%
American
Electric
Power
Co.,
Inc.
2,566
200,507
Edison
International
1,865
125,850
Entergy
Corp.
1,045
104,249
Evergy,
Inc.
1,104
56,050
Hawaiian
Electric
Industries,
Inc.
547
7,095
PG&E
Corp.
9,740
164,314
Pinnacle
West
Capital
Corp.
564
38,860
Total
696,925
Gas
Utilities
0.3%
Atmos
Energy
Corp.
720
82,037
Independent
Power
and
Renewable
Electricity
Producers
0.4%
Brookfield
Renewable
Corp.
Class
A
669
18,678
Clearway
Energy,
Inc.
Class
A
170
3,818
Clearway
Energy,
Inc.
Class
C
404
9,793
Vistra
Corp.
1,298
53,257
Total
85,546
Multi-Utilities
1.0%
Ameren
Corp.
1,306
90,859
CenterPoint
Energy,
Inc.
3,119
87,145
NiSource,
Inc.
2,053
53,316
Total
231,320
Total
Utilities
1,095,828
Total
Common
Stocks
(Cost
$21,824,819)
23,038,085
Exchange-Traded
Equity
Funds
1.7%
Issuer
Shares
Value
($)
Financials 1.7%
Financial
Select
Sector
SPDR
Fund
10,271
398,104
Total
Exchange-Traded
Equity
Funds
(Cost
$376,402)
398,104
Money
Market
Funds
0.5%
Issuer
Shares
Value
($)
Goldman
Sachs
Financial
Square
Treasury
Instruments
Fund,
Institutional
Shares
5.169%
(e)
115,305
115,305
Total
Money
Market
Funds
(Cost
$115,305)
115,305
Total
Investments
in
Securities
(Cost
$22,316,526)
23,551,494
Other
Assets
&
Liabilities,
Net
20,985
Net
Assets
23,572,479
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Value
ETF
January
31,
2024
(Unaudited)
Columbia
Research
Enhanced
Value
ETF
|
First
Quarter
Report
2024
11
(d)
Valuation
based
on
significant
unobservable
inputs.
(e)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
January
31,
2024.
Security
Acquisition
Date
Shares
Cost
($)
Value
($)
Mirati
Therapeutics,
Inc.
01/24/2024
51
—
36
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.
1QT305_10_P01_(03/24)
You
may
at
any
time
request,
free
of
charge,
to
receive
a
paper
copy
of
this
report
by
calling
800.345.6611.