Alexis Practical Tactical ETF | ||||||||
Schedule of Investments | ||||||||
August 31, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 11.7% | ||||||||
Consumer Discretionary — 1.6% | ||||||||
Marriott International, Inc. - Class A | 2,182 | $ | 444,059 | |||||
The Home Depot, Inc. | 1,974 | 652,012 | ||||||
1,096,071 | ||||||||
Financials — 0.7% | ||||||||
The Charles Schwab Corp. | 7,766 | 459,359 | ||||||
Industrials — 4.0% | ||||||||
Caterpillar, Inc. | 2,070 | 581,939 | ||||||
Cummins, Inc. | 2,780 | 639,511 | ||||||
Deere & Co. | 1,934 | 794,758 | ||||||
Rockwell Automation, Inc. | 1,133 | 353,587 | ||||||
The Timken Co. | 4,332 | 331,051 | ||||||
2,700,846 | ||||||||
Technology — 5.4% | ||||||||
Advanced Micro Devices, Inc. (a) | 3,526 | 372,769 | ||||||
Apple, Inc. | 5,567 | 1,045,872 | ||||||
Applied Materials, Inc. | 7,289 | 1,113,467 | ||||||
Microsoft Corp. | 1,764 | 578,169 | ||||||
Visa, Inc. - Class A | 2,438 | 598,968 | ||||||
3,709,245 | ||||||||
TOTAL COMMON STOCKS (Cost $7,037,861) | 7,965,521 | |||||||
EXCHANGE TRADED FUNDS — 71.4% (c) | ||||||||
Amplify CWP Enhanced Dividend | 34,609 | 1,242,463 | ||||||
Invesco QQQ Trust Series 1 | 11,459 | 4,331,388 | ||||||
Invesco S&P 500 Equal Weight ETF | 27,492 | 4,121,601 | ||||||
iShares MSCI EAFE ETF | 67,252 | 4,810,536 | ||||||
iShares MSCI EAFE Small-Cap ETF | 38,375 | 2,271,033 | ||||||
iShares MSCI USA Momentum Factor ETF | 22,802 | 3,356,454 | ||||||
iShares Russell 1000 Value ETF | 6,063 | 963,896 | ||||||
iShares S&P Mid-Cap 400 Value ETF | 37,436 | 4,028,862 | ||||||
SPDR Dow Jones Industrial Average ETF Trust | 13,610 | 4,733,694 | ||||||
SPDR S&P Homebuilders ETF | 18,917 | 1,571,435 | ||||||
SPDR S&P MidCap 400 ETF Trust | 7,832 | 3,787,320 | ||||||
VanEck Semiconductor ETF | 7,227 | 1,129,002 | ||||||
Vanguard Dividend Appreciation ETF | 25,384 | 4,140,130 | ||||||
Vanguard FTSE Europe ETF | 77,559 | 4,724,894 | ||||||
Xtrackers MSCI EAFE Hedged Equity ETF | 95,951 | 3,380,354 | ||||||
TOTAL EXCHANGE TRADED FUNDS (Cost $45,671,556) | 48,593,062 | |||||||
SHORT-TERM INVESTMENTS — 16.9% | ||||||||
Deposit Accounts — 3.3% | ||||||||
U.S. Bank Money Market Deposit Account, 5.20% (b) | 2,242,394 | 2,242,394 | ||||||
U.S. Treasury Bills — 13.6% (d) | ||||||||
5.49%, 12/7/2023 | 2,000,000 | 1,971,413 | ||||||
5.48%, 1/11/2024 | 3,000,000 | 2,941,920 | ||||||
5.48%, 1/25/2024 | 2,500,000 | 2,446,467 | ||||||
5.42%, 4/18/2024 | 2,000,000 | 1,933,725 | ||||||
9,293,525 | ||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $11,540,109) | 11,535,919 | |||||||
TOTAL INVESTMENTS (Cost $64,249,526) — 100.0% | 68,094,502 | |||||||
Other assets and liabilities, net — (0.0)% (e) | (11,427 | ) | ||||||
NET ASSETS — 100.0% | $ | 68,083,075 |
(a) Non-income producing security. | ||||||||
(b) The rate shown is the yield at period end. | ||||||||
(c) To the extent the Fund invests more heavily in particular sectors or asset classes, its performance will be especially sensitive to developments that significantly affect those sectors or asset classes. | ||||||||
(d) The rate shown is the effective yield at period end. | ||||||||
(e) Amount is less than (0.05)%. |
Fair Value Measurements | ||||||||
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. | ||||||||
Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs | ||||||||
(including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant | ||||||||
unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the | ||||||||
securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. | ||||||||
The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3. | ||||||||
The following is a summary of the inputs used to value the Fund’s investments carried at fair value as of August 31, 2023: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments - Assets: | ||||||||||||||||
Common Stocks* | $ | 7,965,521 | $ | - | $ | - | $ | 7,965,521 | ||||||||
Exchange Traded Funds | 48,593,062 | - | - | 48,593,062 | ||||||||||||
Short-Term Investments | 2,242,394 | 9,293,525 | - | 11,535,919 | ||||||||||||
Total Investments - Assets | $ | 58,800,977 | $ | 9,293,525 | $ | - | $ | 68,094,502 | ||||||||
* See the Schedule of Investments for industry classifications. |