Gotham 1000 Value ETF | ||||||
SCHEDULE OF INVESTMENTS December 31, 2022 (Unaudited) | ||||||
Shares | Value | |||||
Common Stocks - 99.6% | ||||||
Advertising - 0.5% | ||||||
The Interpublic Group of Company, Inc. | 3,534 | $ | 117,717 | |||
Omnicom Group, Inc. | 1,335 | 108,896 | ||||
226,613 | ||||||
Aerospace & Defense - 0.8% | ||||||
Aerojet Rocketdyne Holdings, Inc. (1) | 1,441 | 80,595 | ||||
General Dynamics Corp. | 133 | 32,999 | ||||
L3Harris Technologies, Inc. | 510 | 106,187 | ||||
Lockheed Martin Corp. | 259 | 126,001 | ||||
Moog, Inc. - Class A | 621 | 54,499 | ||||
400,281 | ||||||
Agriculture - 1.4% | ||||||
Altria Group, Inc. | 4,072 | 186,131 | ||||
Archer-Daniels-Midland Co. (2) | 1,659 | 154,038 | ||||
Bunge Ltd. | 2,391 | 238,550 | ||||
Philip Morris International, Inc. | 822 | 83,195 | ||||
661,914 | ||||||
Apparel - 0.3% | ||||||
Crocs, Inc. (1)(2) | 542 | 58,769 | ||||
Steven Madden Ltd. | 1,232 | 39,375 | ||||
Tapestry, Inc. | 599 | 22,810 | ||||
120,954 | ||||||
Auto Manufacturers - 0.6% | ||||||
Ford Motor Co. | 10,110 | 117,580 | ||||
General Motors Co. | 4,577 | 153,970 | ||||
271,550 | ||||||
Auto Parts & Equipment - 0.6% | ||||||
Adient PLC (1) | 1,501 | 52,070 | ||||
Allison Transmission Holdings, Inc. | 3,634 | 151,174 | ||||
BorgWarner, Inc. | 1,596 | 64,239 | ||||
267,483 | ||||||
Banks - 4.2% | ||||||
Bank of America Corp. | 393 | 13,016 | ||||
Bank of Montreal | 1,597 | 144,688 | ||||
The Bank of Nova Scotia (2) | 2,374 | 116,278 | ||||
Bank OZK | 619 | 24,797 | ||||
Canadian Imperial Bank of Commerce | 1,845 | 74,630 | ||||
Cathay General Bancorp | 111 | 4,528 | ||||
Citigroup, Inc. | 1,722 | 77,886 | ||||
Comerica, Inc. (2) | 176 | 11,765 | ||||
East West Bancorp, Inc. | 708 | 46,657 | ||||
Eastern Bankshares, Inc. | 5,215 | 89,959 | ||||
First BanCorp/Puerto R co. | 6,264 | 79,678 | ||||
First Republic Bank (2) | 627 | 76,425 | ||||
The Goldman Sachs Group, Inc. | 20 | 6,867 | ||||
Hancock Whitney Corp. | 3,399 | 164,478 | ||||
Huntington Bancshares, Inc. | 3,406 | 48,025 | ||||
KeyCorp | 3,088 | 53,793 | ||||
Northern Trust Corp. | 269 | 23,804 | ||||
PacWest Bancorp | 2,020 | 46,359 | ||||
Pinnacle Financial Partners, Inc. | 319 | 23,415 | ||||
The PNC Financial Services Group, Inc. | 318 | 50,225 | ||||
Signature Bank (2) | 1,163 | 134,001 | ||||
SouthState Corp. (2) | 528 | 40,318 | ||||
SVB Financial Group (1) | 487 | 112,078 | ||||
Synovus Financial Corp. | 934 | 35,072 | ||||
The Toronto-Dominion Bank (2) | 1,143 | 74,021 | ||||
Truist Financial Corp. | 2,502 | 107,661 | ||||
U.S. Bancorp (2) | 615 | 26,820 | ||||
UMB Financial Corp. | 873 | 72,913 | ||||
Umpqua Holdings Corp. | 2,202 | 39,306 | ||||
Wells Fargo & Co. | 1,207 | 49,837 | ||||
Western Alliance Bancorp | 2,127 | 126,684 | ||||
1,995,984 | ||||||
Beverages - 0.7% | ||||||
The Boston Beer Co., Inc. - Class A (1) | 275 | 90,618 | ||||
Coca-Cola Consolidated, Inc. | 265 | 135,776 | ||||
Molson Coors Brewing Co. - Class B | 2,045 | 105,358 | ||||
331,752 | ||||||
Biotechnology - 3.8% | ||||||
Amgen, Inc. | 413 | 108,470 | ||||
Biogen, Inc. (1) | 397 | 109,937 | ||||
Exelixis, Inc. (1)(2) | 12,320 | 197,613 | ||||
Gilead Sciences, Inc. | 1,932 | 165,862 | ||||
Horizon Therapeutics PLC (1) | 1,167 | 132,804 | ||||
Incyte Corp. (1) | 374 | 30,040 | ||||
Maravai LifeSciences Holdings, Inc. (1) | 10,951 | 156,709 | ||||
Moderna, Inc. (1) | 1,255 | 225,423 | ||||
Regeneron Pharmaceuticals, Inc. (1) | 283 | 204,182 | ||||
United Therapeutics Corp. (1) | 510 | 141,826 | ||||
Vertex Pharmaceuticals, Inc. (1) | 431 | 124,464 | ||||
Vir Biotechnology, Inc. (1) | 9,012 | 228,094 | ||||
1,825,424 | ||||||
Building Materials - 2.8% | ||||||
Armstrong World Industries, Inc. | 1,511 | 103,639 | ||||
Boise Cascade Co. | 2,333 | 160,207 | ||||
Builders FirstSource, Inc. (1)(2) | 2,941 | 190,812 | ||||
Eagle Materials, Inc. | 1,080 | 143,478 | ||||
Fortune Brands Innovations, Inc. | 293 | 16,733 | ||||
Louisiana-Pacific Corp. | 3,044 | 180,205 | ||||
Masco Corp. | 1,866 | 87,086 | ||||
Owens Corning (2) | 1,973 | 168,297 | ||||
Simpson Manufacturing Co., Inc. | 144 | 12,767 | ||||
Summit Materials, Inc. - Class A (1) | 589 | 16,725 | ||||
Trex Co., Inc. (1) | 636 | 26,922 | ||||
UFP Industries, Inc. | 2,786 | 220,791 | ||||
1,327,662 | ||||||
Chemicals - 4.9% | ||||||
Celanese Corp. | 1,492 | 152,542 | ||||
CF Industries Holdings, Inc. | 2,790 | 237,708 | ||||
The Chemours Co. | 4,813 | 147,374 | ||||
Dow, Inc. | 3,845 | 193,750 | ||||
Eastman Chemical Co. | 2,042 | 166,300 | ||||
FMC Corp. | 123 | 15,350 | ||||
Huntsman Corp. | 7,585 | 208,436 | ||||
Ingevity Corp. (1) | 734 | 51,703 | ||||
Linde PLC | 21 | 6,850 | ||||
LyondellBasell Industries NV - Class A | 2,530 | 210,066 | ||||
Methanex Corp. | 313 | 11,850 | ||||
The Mosaic Co. | 4,738 | 207,856 | ||||
Nutrien Ltd. (1) | 3,097 | 226,174 | ||||
Olin Corp. | 3,839 | 203,237 | ||||
Tronox Holdings PLC | 3,928 | 53,853 | ||||
Valvoline, Inc. | 1,137 | 37,123 | ||||
Westlake Corp. | 1,867 | 191,442 | ||||
2,321,614 | ||||||
Coal - 1.1% | ||||||
Alpha Metallurgical Resources, Inc. | 1,190 | 174,204 | ||||
Arch Resources, Inc. - Class A (2) | 1,647 | 235,175 | ||||
CONSOL Energy, Inc. | 1,707 | 110,955 | ||||
520,334 | ||||||
Commercial Services - 3.2% | ||||||
AMN Healthcare Services, Inc. (1) | 1,952 | 200,705 | ||||
Booz Allen Hamilton Holding Corp. | 55 | 5,748 | ||||
Colliers International Group, Inc. | 844 | 77,682 | ||||
Euronet Worldwide, Inc. (1) | 1,524 | 143,835 | ||||
FleetCor Technologies, Inc. (1) | 493 | 90,554 | ||||
Gartner, Inc. (1) | 66 | 22,185 | ||||
Global Payments, Inc. | 475 | 47,177 | ||||
Graham Holdings Co. - Class B | 141 | 85,193 | ||||
Grand Canyon Education, Inc. (1) | 347 | 36,664 | ||||
Insperity, Inc. | 140 | 15,904 | ||||
John Wiley & Sons, Inc. - Class A | 312 | 12,499 | ||||
Korn Ferry | 3,186 | 161,275 | ||||
ManpowerGroup, Inc. | 1,044 | 86,871 | ||||
PayPal Holdings, Inc. (1) | 740 | 52,703 | ||||
Ritchie Bros Auctioneers, Inc. | 642 | 37,127 | ||||
Robert Half International, Inc. | 2,336 | 172,467 | ||||
Service Corp. International | 207 | 14,312 | ||||
TriNet Group, Inc. (1) | 2,631 | 178,382 | ||||
WEX, Inc. (1) | 698 | 114,228 | ||||
1,555,511 | ||||||
Computers - 2.5% | ||||||
Accenture PLC - Class A (2) | 194 | 51,767 | ||||
Amdocs Ltd. (1) | 62 | 5,636 | ||||
CACI International, Inc. - Class A (1) | 414 | 124,444 | ||||
CGI, Inc. - Class A (1) | 1,237 | 106,543 | ||||
Dell Technologies, Inc. - Class C | 4,182 | 168,200 | ||||
DXC Technology Co. (1) | 4,953 | 131,255 | ||||
Hewlett Packard Enterprise Co. | 1,565 | 24,977 | ||||
HP, Inc. | 4,782 | 128,492 | ||||
Insight Enterprises, Inc. (1) | 176 | 17,648 | ||||
International Business Machines Corp. (2) | 272 | 38,322 | ||||
Leidos Holdings, Inc. | 1,174 | 123,493 | ||||
Maximus, Inc. | 1,582 | 116,008 | ||||
NetApp, Inc. | 1,582 | 95,015 | ||||
Science Applications International Corp. | 571 | 63,341 | ||||
1,195,141 | ||||||
Cosmetics & Personal Care - 0.0%(4) | ||||||
Olaplex Holdings, Inc. (1) | 4,248 | 22,132 | ||||
Distribution & Wholesale - 0.6% | ||||||
IAA, Inc. (1) | 2,912 | 116,480 | ||||
LKQ Corp. | 2,057 | 109,864 | ||||
Univar Solutions, Inc. (1) | 1,368 | 43,503 | ||||
Watsco, Inc. | 123 | 30,676 | ||||
300,523 | ||||||
Diversified Financial Services - 3.5% | ||||||
Affiliated Managers Group, Inc. | 480 | 76,046 | ||||
Ally Financial, Inc. | 6,753 | 165,111 | ||||
Ameriprise Financial, Inc. | 11 | 3,425 | ||||
Capital One Financial Corp. | 1,711 | 159,055 | ||||
Cohen & Steers, Inc. | 684 | 44,159 | ||||
Credit Acceptance Corp. (1)(2) | 19 | 9,014 | ||||
Discover Financial Services | 1,147 | 112,211 | ||||
Enact Holdings, Inc. | 1,999 | 48,216 | ||||
Evercore, Inc. - Class A | 841 | 91,736 | ||||
Franklin Resources, Inc. | 368 | 9,708 | ||||
Hamilton Lane, Inc. - Class A | 275 | 17,567 | ||||
Intercorp Financial Services, Inc. | 308 | 7,238 | ||||
Invesco Ltd. | 1,792 | 32,238 | ||||
Janus Henderson Group PLC | 449 | 10,560 | ||||
Moelis & Co. - Class A | 240 | 9,209 | ||||
Mr Cooper Group, Inc. (1)(2) | 4,658 | 186,925 | ||||
Nelnet, Inc. - Class A | 859 | 77,954 | ||||
OneMain Holdings, Inc. | 2,386 | 79,478 | ||||
Radian Group, Inc. | 10,373 | 197,813 | ||||
SLM Corp. | 1,502 | 24,933 | ||||
Synchrony Financial | 2,789 | 91,647 | ||||
TPG, Inc. - Class A | 1,014 | 28,220 | ||||
The Western Union Co. | 14,609 | 201,166 | ||||
1,683,629 | ||||||
Electric - 0.6% | ||||||
The AES Corp. | 362 | 10,411 | ||||
Constellation Energy Corp. | 918 | 79,141 | ||||
Exelon Corp. | 2,491 | 107,686 | ||||
NRG Energy, Inc. | 311 | 9,896 | ||||
Otter Tail Corp. | 978 | 57,418 | ||||
264,552 | ||||||
Electrical Components & Equipment - 0.5% | ||||||
Belden, Inc. | 52 | 3,739 | ||||
Emerson Electric Co. | 446 | 42,843 | ||||
Encore Wire Corp. | 1,385 | 190,520 | ||||
Littelfuse, Inc. | 84 | 18,497 | ||||
255,599 | ||||||
Electronics - 1.5% | ||||||
Atkore, Inc. (1) | 1,612 | 182,833 | ||||
Hubbell, Inc. | 139 | 32,621 | ||||
Jabil, Inc. | 2,540 | 173,228 | ||||
Sanmina Corp. (1) | 1,135 | 65,024 | ||||
TE Connectivity Ltd. | 878 | 100,794 | ||||
Vishay Intertechnology, Inc. | 8,400 | 181,188 | ||||
735,688 | ||||||
Engineering & Construction - 0.2% | ||||||
Arcosa, Inc. | 161 | 8,749 | ||||
EMCOR Group, Inc. | 342 | 50,654 | ||||
TopBuild Corp. (1) | 93 | 14,553 | ||||
73,956 | ||||||
Entertainment - 0.8% | ||||||
International Game Technology PLC | 2,622 | 59,467 | ||||
Light & Wonder, Inc. (1) | 1,882 | 110,285 | ||||
Penn Entertainment, Inc. (1) | 2,529 | 75,111 | ||||
SeaWorld Entertainment, Inc. (1) | 2,711 | 145,066 | ||||
389,929 | ||||||
Food - 2.8% | ||||||
Albertsons Companies, Inc. - Class A | 10,698 | 221,877 | ||||
Cal-Maine Foods, Inc. | 3,814 | 207,672 | ||||
Campbell Soup Co. | 498 | 28,262 | ||||
Conagra Brands, Inc. | 368 | 14,242 | ||||
General Mills, Inc. | 171 | 14,338 | ||||
Kellogg Co. (2) | 1,447 | 103,084 | ||||
The Kraft Heinz Co. | 2,179 | 88,707 | ||||
The Kroger Co. (2) | 3,878 | 172,881 | ||||
Pilgrim’s Pride Corp. (1)(2) | 8,999 | 213,546 | ||||
Post Holdings, Inc. (1) | 82 | 7,401 | ||||
Sprouts Farmers Market, Inc. (1)(2) | 5,172 | 167,418 | ||||
Tyson Foods, Inc. - Class A | 1,759 | 109,498 | ||||
1,348,926 | ||||||
Forest Products & Paper - 0.7% | ||||||
International Paper Co. | 4,922 | 170,449 | ||||
West Fraser Timber Co Ltd. | 2,178 | 157,447 | ||||
327,896 | ||||||
Gas - 0.3% | ||||||
National Fuel Gas Co. | 2,592 | 164,074 | ||||
Hand & Machine Tools - 0.3% | ||||||
Lincoln Electric Holdings, Inc. (2) | 578 | 83,515 | ||||
Snap-on, Inc. (2) | 262 | 59,865 | ||||
143,380 | ||||||
Healthcare - Products - 1.3% | ||||||
Abbott Laboratories | 148 | 16,249 | ||||
Avantor, Inc. (1) | 221 | 4,661 | ||||
The Cooper Companies, Inc. | 44 | 14,549 | ||||
DENTSPLY SIRONA, Inc. | 4,191 | 133,441 | ||||
Hologic, Inc. (1) | 807 | 60,372 | ||||
Lantheus Holdings, Inc. (1) | 2,641 | 134,585 | ||||
Medtronic PLC | 64 | 4,974 | ||||
QIAGEN NV (1) | 3,256 | 162,377 | ||||
Teleflex, Inc. (2) | 118 | 29,456 | ||||
Zimmer Biomet Holdings, Inc. (2) | 511 | 65,153 | ||||
625,817 | ||||||
Healthcare - Services - 2.3% | ||||||
Amedisys, Inc. (1) | 839 | 70,090 | ||||
Centene Corp. (1) | 1,906 | 156,311 | ||||
Chemed Corp. | 66 | 33,688 | ||||
DaVita, Inc. (1) | 2,787 | 208,105 | ||||
Elevance Health, Inc. (2) | 66 | 33,856 | ||||
HCA Healthcare, Inc. (2) | 226 | 54,231 | ||||
Humana, Inc. (2) | 114 | 58,390 | ||||
Laboratory Corp. of America Holdings | 355 | 83,596 | ||||
Molina Healthcare, Inc. (1)(2) | 244 | 80,574 | ||||
Quest Diagnostics, Inc. | 877 | 137,198 | ||||
Signify Health, Inc. - Class A (1) | 3,423 | 98,103 | ||||
Syneos Health, Inc. (1) | 2,668 | 97,862 | ||||
1,112,004 | ||||||
Home Builders - 1.0% | ||||||
LCI Industries | 1,308 | 120,925 | ||||
Skyline Champion Corp. (1) | 2,975 | 153,242 | ||||
Thor Industries, Inc. (2) | 2,527 | 190,763 | ||||
464,930 | ||||||
Home Furnishings - 0.6% | ||||||
Leggett & Platt, Inc. | 3,270 | 105,392 | ||||
Whirlpool Corp. | 1,113 | 157,445 | ||||
262,837 | ||||||
Household Products & Wares - 0.0%(4) | ||||||
Avery Dennison Corp. | 68 | 12,308 | ||||
Insurance - 4.1% | ||||||
American Equity Investment Life Holding Co. | 5,239 | 239,003 | ||||
American International Group, Inc. | 3,860 | 244,106 | ||||
Axis Capital Holdings Ltd. | 1,193 | 64,625 | ||||
Brighthouse Financial, Inc. (1) | 1,194 | 61,216 | ||||
CNO Financial Group, Inc. | 3,752 | 85,733 | ||||
Equitable Holdings, Inc. | 3,032 | 87,018 | ||||
Essent Group Ltd. | 3,942 | 153,265 | ||||
Fidelity National Financial, Inc. | 1,956 | 73,585 | ||||
Jackson Financial, Inc. | 2,612 | 90,872 | ||||
Loews Corp. | 3,544 | 206,722 | ||||
Manulife Financial Corp. | 5,833 | 104,061 | ||||
MGIC Investment Corp. | 11,556 | 150,228 | ||||
Principal Financial Group, Inc. | 2,352 | 197,380 | ||||
RLI Corp. | 1,598 | 209,769 | ||||
Ryan Specialty Holdings, Inc. - Class A (1) | 392 | 16,272 | ||||
1,983,855 | ||||||
Internet - 1.2% | ||||||
Airbnb, Inc. - Class A (1) | 273 | 23,341 | ||||
Alphabet, Inc. - Class A (1) | 981 | 86,554 | ||||
Booking Holdings, Inc. (1) | 51 | 102,779 | ||||
CDW Corp. | 117 | 20,894 | ||||
eBay, Inc. | 3,216 | 133,368 | ||||
Expedia Group, Inc. - Class A (1) | 1,607 | 140,773 | ||||
F5, Inc. (1) | 178 | 25,545 | ||||
Match Group, Inc. (1) | 1,049 | 43,523 | ||||
Ziff Davis, Inc. (1) | 54 | 4,271 | ||||
581,048 | ||||||
Investment Companies - 0.3% | ||||||
Blackstone Secured Lending Fund | 1,850 | 41,347 | ||||
Main Street Capital Corp. | 3,224 | 119,127 | ||||
160,474 | ||||||
Iron & Steel - 2.0% | ||||||
Cleveland-Cliffs, Inc. (1) | 6,303 | 101,541 | ||||
Commercial Metals Co. (2) | 1,264 | 61,051 | ||||
Nucor Corp. | 1,483 | 195,474 | ||||
Reliance Steel & Aluminum Co. | 925 | 187,257 | ||||
Steel Dynamics, Inc. (2) | 2,261 | 220,900 | ||||
United States Steel Corp. (2) | 8,559 | 214,403 | ||||
980,626 | ||||||
Lodging - 1.7% | ||||||
Boyd Gaming Corp. | 2,842 | 154,974 | ||||
Choice Hotels International, Inc. | 934 | 105,206 | ||||
Hilton Worldwide Holdings, Inc. | 412 | 52,060 | ||||
Hyatt Hotels Corp. - Class A (1) | 1,723 | 155,845 | ||||
Marriott International, Inc. - Class A | 584 | 86,952 | ||||
MGM Resorts International | 3,471 | 116,383 | ||||
Wyndham Hotels & Resorts, Inc. | 2,008 | 143,191 | ||||
814,611 | ||||||
Machinery - Diversified - 0.7% | ||||||
Crane Holdings Co. (2) | 1,436 | 144,246 | ||||
Enovis Corp. (1) | 3,774 | 201,985 | ||||
Otis Worldwide Corp. | 145 | 11,355 | ||||
357,586 | ||||||
Media - 3.0% | ||||||
Cable One, Inc. | 226 | 160,880 | ||||
Charter Communications, Inc. - Class A (1) | 434 | 147,169 | ||||
Comcast Corp. - Class A | 5,002 | 174,920 | ||||
Fox Corp. - Class A (2) | 5,903 | 179,274 | ||||
News Corp. - Class A | 7,819 | 142,306 | ||||
The New York Times Co. - Class A | 219 | 7,109 | ||||
Nexstar Media Group, Inc. | 1,143 | 200,059 | ||||
Sirius XM Holdings, Inc. (2) | 16,350 | 95,484 | ||||
TEGNA, Inc. | 12,046 | 255,255 | ||||
ViacomCBS, Inc. - Class B (2) | 3,309 | 55,856 | ||||
1,418,312 | ||||||
Metal Fabricate & Hardware - 0.7% | ||||||
Advanced Drainage Systems, Inc. | 1,412 | 115,742 | ||||
Mueller Industries, Inc. (2) | 3,683 | 217,297 | ||||
333,039 | ||||||
Mining - 2.4% | ||||||
Alcoa Corp. (2) | 1,882 | 85,574 | ||||
Barrick Gold Corp. | 8,292 | 142,457 | ||||
Franco-Nevada Corp. | 858 | 117,100 | ||||
Freeport-McMoRan, Inc. | 4,218 | 160,284 | ||||
Kinross Gold Corp. | 4,596 | 18,798 | ||||
Newmont Corp. | 1,277 | 60,274 | ||||
Southern Copper Corp. (2) | 2,233 | 134,851 | ||||
SSR Mining, Inc. | 437 | 6,848 | ||||
Teck Resources Ltd. - Class B (2) | 6,187 | 233,992 | ||||
Yamana Gold, Inc. | 30,585 | 169,747 | ||||
1,129,925 | ||||||
Miscellaneous Manufacturers - 1.3% | ||||||
3M Co. | 1,188 | 142,465 | ||||
Carlisle Companies, Inc. | 453 | 106,749 | ||||
Donaldson Co., Inc. | 1,011 | 59,518 | ||||
General Electric Co. | 1,015 | 85,047 | ||||
Hillenbrand, Inc. | 1,838 | 78,427 | ||||
Teledyne Technologies, Inc. (1) | 192 | 76,783 | ||||
Textron, Inc. (2) | 1,194 | 84,535 | ||||
633,524 | ||||||
Office & Business Equipment - 0.1% | ||||||
Zebra Technologies Corp. (1)(2) | 136 | 34,872 | ||||
Oil & Gas - 13.1% | ||||||
Antero Resources Corp. (1) | 6,215 | 192,603 | ||||
APA Corp. | 3,995 | 186,487 | ||||
California Resources Corp. | 2,579 | 112,212 | ||||
Canadian Natural Resources Ltd. | 4,045 | 224,619 | ||||
Cenovus Energy, Inc. | 8,073 | 156,697 | ||||
Chevron Corp. | 1,299 | 233,158 | ||||
CNX Resources Corp. (1)(2) | 13,293 | 223,854 | ||||
Comstock Resources, Inc. | 9,186 | 125,940 | ||||
ConocoPhillips | 1,943 | 229,274 | ||||
Crescent Point Energy Corp. | 21,778 | 155,713 | ||||
CVR Energy, Inc. | 6,121 | 191,832 | ||||
Denbury, Inc. (1) | 1,814 | 157,854 | ||||
Devon Energy Corp. | 2,623 | 161,341 | ||||
Diamondback Energy, Inc. (2) | 1,139 | 155,792 | ||||
Enerplus Corp. | 8,533 | 150,607 | ||||
EOG Resources, Inc. | 1,569 | 203,217 | ||||
EQT Corp. | 4,786 | 161,910 | ||||
Exxon Mobil Corp. | 2,290 | 252,587 | ||||
Hess Corp. | 534 | 75,732 | ||||
Imperial Oil Ltd. | 4,783 | 233,123 | ||||
Kosmos Energy Ltd. (1) | 27,505 | 174,932 | ||||
Marathon Oil Corp. | 7,779 | 210,578 | ||||
Marathon Petroleum Corp. | 2,137 | 248,725 | ||||
Murphy Oil Corp. | 4,403 | 189,373 | ||||
Occidental Petroleum Corp. | 2,594 | 163,396 | ||||
Ovintiv, Inc. | 3,994 | 202,536 | ||||
Phillips 66 | 2,246 | 233,764 | ||||
Pioneer Natural Resources Co. | 769 | 175,632 | ||||
Range Resources Corp. | 7,783 | 194,731 | ||||
Southwestern Energy Co. (1) | 24,573 | 143,752 | ||||
Suncor Energy, Inc. | 7,602 | 241,211 | ||||
Valero Energy Corp. | 2,020 | 256,257 | ||||
Vermilion Energy, Inc. (2) | 11,915 | 210,896 | ||||
Weatherford International PLC (1) | 873 | 44,453 | ||||
6,274,788 | ||||||
Oil & Gas Services - 0.5% | ||||||
Baker Hughes Co. - Class A | 387 | 11,428 | ||||
NexTier Oilfield Solutions, Inc. (1) | 2,235 | 20,651 | ||||
TechnipFMC PLC (1) | 15,526 | 189,262 | ||||
221,341 | ||||||
Packaging & Containers - 2.1% | ||||||
Amcor PLC | 4,024 | 47,926 | ||||
AptarGroup, Inc. (2) | 781 | 85,894 | ||||
Berry Global Group, Inc. | 3,268 | 197,485 | ||||
Greif, Inc. - Class A | 2,772 | 185,890 | ||||
O-I Glass, Inc. (1) | 4,411 | 73,090 | ||||
Packaging Corp. of America | 869 | 111,154 | ||||
Sealed Air Corp. | 1,587 | 79,160 | ||||
Silgan Holdings, Inc. | 2,041 | 105,805 | ||||
Westrock Co. | 3,748 | 131,780 | ||||
1,018,184 | ||||||
Pharmaceuticals - 4.1% | ||||||
AbbVie, Inc. | 622 | 100,521 | ||||
AbCellera Biologics, Inc. (1)(2) | 7,165 | 72,581 | ||||
AmerisourceBergen Corp. | 373 | 61,810 | ||||
Bausch Health Companies Inc. (1) | 6,993 | 43,916 | ||||
Bristol-Myers Squibb Co. | 1,212 | 87,203 | ||||
Cardinal Health, Inc. | 2,455 | 188,716 | ||||
Cigna Corp. | 266 | 88,136 | ||||
CVS Health Corp. | 1,692 | 157,678 | ||||
Elanco Animal Health, Inc. (1) | 7,895 | 96,477 | ||||
Jazz Pharmaceuticals PLC (1) | 1,331 | 212,042 | ||||
Johnson & Johnson | 310 | 54,762 | ||||
McKesson Corp. | 147 | 55,143 | ||||
Merck & Co., Inc. | 795 | 88,205 | ||||
Option Care Health, Inc. (1) | 178 | 5,356 | ||||
Organon & Co. | 5,437 | 151,855 | ||||
Pfizer, Inc. | 4,414 | 226,173 | ||||
Prestige Consumer Healthcare, Inc. (1) | 1,497 | 93,712 | ||||
Viatris, Inc. | 17,704 | 197,046 | ||||
1,981,332 | ||||||
Pipelines - 0.8% | ||||||
Cheniere Energy, Inc. | 1,529 | 229,289 | ||||
Equitrans Midstream Corp. | 10,717 | 71,804 | ||||
Kinder Morgan, Inc. | 269 | 4,863 | ||||
ONEOK, Inc. | 424 | 27,857 | ||||
Pembina Pipeline Corp. | 928 | 31,506 | ||||
365,319 | ||||||
Private Equity - 0.5% | ||||||
Brookfield Corp. | 5,125 | 161,233 | ||||
The Carlyle Group, Inc. | 1,893 | 56,487 | ||||
217,720 | ||||||
Real Estate - 1.3% | ||||||
CBRE Group, Inc. - Class A (1) | 883 | 67,956 | ||||
Cushman & Wakefield PLC (1) | 13,687 | 170,540 | ||||
The Howard Hughes Corp. (1) | 1,962 | 149,936 | ||||
Jones Lang LaSalle, Inc. (1) | 911 | 145,186 | ||||
Tricon Residential, Inc. | 9,611 | 74,101 | ||||
607,719 | ||||||
Real Estate Investment Trusts (REITs) - 0.3% | ||||||
Weyerhaeuser Co. | 5,056 | 156,736 | ||||
Retail - 5.0% | ||||||
Academy Sports & Outdoors, Inc. (2) | 1,818 | 95,518 | ||||
AutoNation, Inc. (1) | 1,926 | 206,660 | ||||
AutoZone, Inc. (1)(2) | 10 | 24,662 | ||||
Bath & Body Works, Inc. (2) | 1,980 | 83,437 | ||||
Best Buy Co., Inc. (2) | 1,809 | 145,100 | ||||
CarMax, Inc. (1) | 2,541 | 154,722 | ||||
Casey’s General Stores, Inc. | 541 | 121,373 | ||||
Dick’s Sporting Goods, Inc. (2) | 549 | 66,039 | ||||
Dillard’s, Inc. - Class A (2) | 339 | 109,565 | ||||
Group 1 Automotive, Inc. | 1,053 | 189,930 | ||||
Lowe’s Companies, Inc. | 581 | 115,758 | ||||
Macy’s, Inc. (2) | 2,222 | 45,884 | ||||
McDonald’s Corp. | 314 | 82,748 | ||||
MSC Industrial Direct Co., Inc. - Class A | 240 | 19,608 | ||||
Murphy USA, Inc. | 754 | 210,773 | ||||
Nordstrom, Inc. | 8,218 | 132,639 | ||||
O’Reilly Automotive, Inc. (1) | 34 | 28,697 | ||||
Papa John’s International, Inc. | 292 | 24,035 | ||||
Penske Automotive Group, Inc. (2) | 1,316 | 151,248 | ||||
Restaurant Brands International, Inc. | 1,012 | 65,446 | ||||
Ross Stores, Inc. (2) | 618 | 71,731 | ||||
The TJX Companies, Inc. | 572 | 45,531 | ||||
Ulta Beauty, Inc. (1) | 23 | 10,789 | ||||
Victoria’s Secret & Co. (1) | 417 | 14,920 | ||||
Walgreens Boots Alliance, Inc. | 1,343 | 50,174 | ||||
Williams-Sonoma, Inc. (2) | 1,004 | 115,380 | ||||
2,382,367 | ||||||
Savings & Loans - 0.5% | ||||||
New York Community Bancorp, Inc. | 18,898 | 162,523 | ||||
Pacific Premier Bancorp, Inc. | 2,127 | 67,128 | ||||
229,651 | ||||||
Semiconductors - 2.1% | ||||||
Amkor Technology, Inc. (2) | 103 | 2,470 | ||||
Applied Materials, Inc. | 581 | 56,578 | ||||
Broadcom, Inc. | 141 | 78,837 | ||||
IPG Photonics Corp. (1) | 1,207 | 114,267 | ||||
KLA Corp. | 117 | 44,112 | ||||
Lam Research Corp. | 221 | 92,886 | ||||
MaxLinear, Inc. (1) | 1,882 | 63,894 | ||||
Microchip Technology, Inc. | 729 | 51,212 | ||||
NXP Semiconductors NV | 667 | 105,406 | ||||
ON Semiconductor Corp. (1)(2) | 980 | 61,123 | ||||
Power Integrations, Inc. | 575 | 41,239 | ||||
Qorvo, Inc. (1) | 1,000 | 90,640 | ||||
QUALCOMM, Inc. | 731 | 80,366 | ||||
Semtech Corp. (1) | 1,184 | 33,969 | ||||
Synaptics, Inc. (1) | 756 | 71,941 | ||||
Teradyne, Inc. | 256 | 22,362 | ||||
Texas Instruments, Inc. | 106 | 17,513 | ||||
1,028,815 | ||||||
Software - 1.5% | ||||||
Akamai Technologies, Inc. (1) | 1,524 | 128,473 | ||||
Concentrix Corp. (2) | 904 | 120,377 | ||||
Dropbox, Inc. - Class A (1) | 3,020 | 67,587 | ||||
Electronic Arts, Inc. | 166 | 20,282 | ||||
Fidelity National Information Services, Inc. | 148 | 10,042 | ||||
Fiserv, Inc. (1) | 605 | 61,147 | ||||
Jack Henry & Associates, Inc. | 173 | 30,372 | ||||
Open Text Corp. | 1,927 | 57,116 | ||||
Salesforce, Inc. (1) | 32 | 4,243 | ||||
SS&C Technologies Holdings, Inc. | 2,414 | 125,673 | ||||
Teradata Corp. (1) | 1,950 | 65,637 | ||||
Verra Mobility Corp. (1) | 1,565 | 21,644 | ||||
712,593 | ||||||
Telecommunications - 1.8% | ||||||
AT&T, Inc. | 6,368 | 117,235 | ||||
BCE, Inc. | 572 | 25,139 | ||||
Cisco Systems, Inc. | 2,164 | 103,093 | ||||
Corning, Inc. | 4,451 | 142,165 | ||||
Iridium Communications, Inc. | 174 | 8,944 | ||||
Lumen Technologies, Inc. (2) | 39,251 | 204,890 | ||||
T-Mobile US, Inc. (1) | 778 | 108,920 | ||||
Verizon Communications, Inc. | 3,034 | 119,540 | ||||
Viavi Solutions, Inc. (1) | 3,387 | 35,597 | ||||
865,523 | ||||||
Transportation - 4.1% | ||||||
C.H. Robinson Worldwide, Inc. (2) | 2,471 | 226,245 | ||||
Expeditors International of Washington, Inc. | 2,129 | 221,246 | ||||
FedEx Corp. | 65 | 11,258 | ||||
Forward Air Corp. | 902 | 94,611 | ||||
Hub Group, Inc. - Class A (1) | 1,959 | 155,721 | ||||
Knight-Swift Transportation Holdings, Inc. (2) | 2,882 | 151,046 | ||||
Landstar System, Inc. | 1,195 | 194,665 | ||||
Matson, Inc. | 2,997 | 187,342 | ||||
Norfolk Southern Corp. | 268 | 66,040 | ||||
Ryder System, Inc. | 1,386 | 115,828 | ||||
Schneider National, Inc. - Class B | 3,742 | 87,563 | ||||
TFI International, Inc. | 1,653 | 165,697 | ||||
Union Pacific Corp. | 194 | 40,172 | ||||
United Parcel Service, Inc. - Class B | 805 | 139,941 | ||||
XPO, Inc. (1)(2) | 3,397 | 113,086 | ||||
1,970,461 | ||||||
Total Common Stocks | ||||||
(Cost $46,571,775) | 47,670,818 | |||||
Short-Term Investments - 0.1% | ||||||
Money Market Funds - 0.1% | ||||||
First American Government Obligations Fund, Class X, 4.100% (3) | 63,511 | 63,511 | ||||
Total Short-Term Investments | ||||||
(Cost $63,511) | 63,511 | |||||
Investments Purchased with Collateral from Securities Lending - 12.6% | ||||||
Mount Vernon Liquid Assets Portfolio, LLC, 4.560% (3) | 6,041,970 | 6,041,970 | ||||
Total Investments Purchased with Collateral from Securities Lending | ||||||
(Cost $6,041,970) | 6,041,970 | |||||
Total Investments in Securities - 112.3% | ||||||
(Cost $52,677,256) | 53,776,299 | |||||
Liabilities in excess of Other assets - (12.3)% | (5,873,132) | |||||
Total Net Assets - 100.0% | $ | 47,903,167 |
(1) | Non-income producing security. | ||
(2) | This security or a portion of this security was out on loan as of December 31, 2022. Total loaned securities had a value of $5,871,025 or 12.3% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. | ||
(3) | The rate shown is the annualized seven-day effective yield as of December 31, 2022. | ||
(4) | Does not round to 0.1% or (0.1)%, as applicable. |
Summary of Fair Value Exposure at December 31, 2022 (Unaudited) | |||||
The Gotham 1000 Value ETF (the “Fund”) utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | |||||
• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. • Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data. • Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | |||||
The following is a summary of the inputs used to value the Fund’s investments as of December 31, 2022: |
Investments in Securities | Investments Measured at Net Asset Value | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Common Stocks (1) | $ | – | $ | 47,670,818 | $ | – | $ | – | $ | 47,670,818 | |||||||||
Short-Term Investments | – | 63,511 | – | – | 63,511 | ||||||||||||||
Investments Purchased With Collateral From Securities Lending (2) | 6,041,970 | – | – | – | 6,041,970 | ||||||||||||||
Total Investments in Securities | $ | 6,041,970 | $ | 47,734,329 | $ | – | $ | – | $ | 53,776,299 | |||||||||
(1) See Schedule of Investments for the industry breakout. | |||||||||||||||||||
(2) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |