Gotham Enhanced 500 ETF | ||||||
SCHEDULE OF INVESTMENTS at December 31, 2022 (Unaudited) | ||||||
Shares | Value | |||||
Common Stocks - 99.8% | ||||||
Advertising - 0.2% | ||||||
The Interpublic Group of Company, Inc. | 8,209 | $ | 273,442 | |||
Omnicom Group, Inc. (1) | 4,223 | 344,470 | ||||
617,912 | ||||||
Aerospace & Defense - 1.4% | ||||||
The Boeing Co. (2) | 1,478 | 281,544 | ||||
General Dynamics Corp. | 790 | 196,007 | ||||
Howmet Aerospace, Inc. (1) | 1,064 | 41,932 | ||||
L3Harris Technologies, Inc. | 535 | 111,392 | ||||
Lockheed Martin Corp. | 4,490 | 2,184,340 | ||||
Northrop Grumman Corp. | 1,254 | 684,195 | ||||
Raytheon Technologies Corp. | 3,638 | 367,147 | ||||
TransDigm Group, Inc. | 135 | 85,003 | ||||
3,951,560 | ||||||
Agriculture - 1.6% | ||||||
Altria Group, Inc. | 39,542 | 1,807,465 | ||||
Archer-Daniels-Midland Co. | 12,108 | 1,124,228 | ||||
Philip Morris International, Inc. | 15,251 | 1,543,553 | ||||
4,475,246 | ||||||
Airlines - 0.1% | ||||||
Alaska Air Group, Inc. (2) | 311 | 13,354 | ||||
American Airlines Group, Inc. (1)(2) | 1,633 | 20,772 | ||||
Delta Air Lines, Inc. (2) | 1,592 | 52,313 | ||||
Southwest Airlines Co. (1) | 1,459 | 49,125 | ||||
United Airlines Holdings, Inc. (2) | 807 | 30,424 | ||||
165,988 | ||||||
Apparel - 0.2% | ||||||
Nike, Inc. - Class B | 3,888 | 454,935 | ||||
Ralph Lauren Corp. - Class A | 193 | 20,394 | ||||
Tapestry, Inc. | 693 | 26,389 | ||||
VF Corp. | 1,098 | 30,316 | ||||
532,034 | ||||||
Auto Manufacturers - 1.4% | ||||||
Cummins, Inc. | 398 | 96,432 | ||||
Ford Motor Co. | 82,645 | 961,161 | ||||
General Motors Co. | 29,825 | 1,003,313 | ||||
PACCAR, Inc. | 853 | 84,422 | ||||
Tesla, Inc. (2) | 14,163 | 1,744,598 | ||||
3,889,926 | ||||||
Auto Parts & Equipment - 0.0%(4) | ||||||
Aptiv PLC (2) | 666 | 62,025 | ||||
BorgWarner, Inc. | 666 | 26,806 | ||||
88,831 | ||||||
Banks - 3.5% | ||||||
Bank of America Corp. | 49,751 | 1,647,753 | ||||
The Bank of New York Mellon Corp. | 16,660 | 758,363 | ||||
Citigroup, Inc. | 5,501 | 248,810 | ||||
Citizens Financial Group, Inc. | 1,219 | 47,992 | ||||
Comerica, Inc. (1) | 321 | 21,459 | ||||
Fifth Third Bancorp | 1,687 | 55,350 | ||||
First Republic Bank | 3,749 | 456,966 | ||||
The Goldman Sachs Group, Inc. | 944 | 324,151 | ||||
Huntington Bancshares, Inc. | 3,547 | 50,013 | ||||
JPMorgan Chase & Co. | 29,628 | 3,973,115 | ||||
KeyCorp | 2,294 | 39,961 | ||||
M&T Bank Corp. | 427 | 61,941 | ||||
Morgan Stanley | 4,813 | 409,201 | ||||
Northern Trust Corp. | 512 | 45,307 | ||||
The PNC Financial Services Group, Inc. | 1,115 | 176,103 | ||||
Regions Financial Corp. (1) | 2,452 | 52,865 | ||||
Signature Bank | 1,296 | 149,325 | ||||
State Street Corp. | 904 | 70,123 | ||||
SVB Financial Group (2) | 171 | 39,354 | ||||
Truist Financial Corp. | 3,297 | 141,870 | ||||
U.S. Bancorp | 10,172 | 443,601 | ||||
Wells Fargo & Co. | 10,703 | 441,927 | ||||
Zions Bancorp N.A. | 370 | 18,189 | ||||
9,673,739 | ||||||
Beverages - 1.5% | ||||||
Brown-Forman Corp. - Class B | 1,178 | 77,371 | ||||
The Coca-Cola Co. | 47,793 | 3,040,113 | ||||
Constellation Brands, Inc. - Class A | 520 | 120,510 | ||||
Keurig Dr Pepper, Inc. | 3,483 | 124,204 | ||||
Molson Coors Brewing Co. - Class B | 617 | 31,788 | ||||
Monster Beverage Corp. (2) | 1,301 | 132,090 | ||||
PepsiCo, Inc. | 3,890 | 702,767 | ||||
4,228,843 | ||||||
Biotechnology - 3.4% | ||||||
Amgen, Inc. | 7,977 | 2,095,079 | ||||
Biogen, Inc. (2) | 2,953 | 817,745 | ||||
Bio-Rad Laboratories, Inc. - Class A (2) | 73 | 30,696 | ||||
Corteva, Inc. | 2,032 | 119,441 | ||||
Gilead Sciences, Inc. | 28,665 | 2,460,890 | ||||
Illumina, Inc. (2) | 1,292 | 261,242 | ||||
Incyte Corp. (2) | 1,822 | 146,343 | ||||
Moderna, Inc. (2) | 7,922 | 1,422,950 | ||||
Regeneron Pharmaceuticals, Inc. (2) | 977 | 704,896 | ||||
Vertex Pharmaceuticals, Inc. (2) | 5,263 | 1,519,849 | ||||
9,579,131 | ||||||
Building Materials - 0.4% | ||||||
Carrier Global Corp. | 2,417 | 99,701 | ||||
Johnson Controls International PLC | 11,532 | 738,048 | ||||
Martin Marietta Materials, Inc. | 153 | 51,710 | ||||
Masco Corp. | 4,636 | 216,362 | ||||
Mohawk Industries, Inc. (2) | 178 | 18,195 | ||||
Vulcan Materials Co. | 327 | 57,261 | ||||
1,181,277 | ||||||
Chemicals - 1.4% | ||||||
Air Products and Chemicals, Inc. | 545 | 168,002 | ||||
Albemarle Corp. | 294 | 63,757 | ||||
Celanese Corp. | 2,227 | 227,688 | ||||
CF Industries Holdings, Inc. | 4,722 | 402,314 | ||||
Dow, Inc. | 14,937 | 752,675 | ||||
DuPont de Nemours, Inc. (1) | 1,415 | 97,111 | ||||
Eastman Chemical Co. | 2,524 | 205,555 | ||||
Ecolab, Inc. | 700 | 101,892 | ||||
FMC Corp. | 1,083 | 135,158 | ||||
International Flavors & Fragrances, Inc. (1) | 626 | 65,630 | ||||
Linde PLC | 1,404 | 457,957 | ||||
LyondellBasell Industries NV - Class A | 6,859 | 569,503 | ||||
The Mosaic Co. | 7,342 | 322,094 | ||||
PPG Industries, Inc. | 579 | 72,803 | ||||
The Sherwin-Williams Co. | 642 | 152,366 | ||||
3,794,505 | ||||||
Commercial Services - 1.3% | ||||||
Automatic Data Processing, Inc. | 1,195 | 285,438 | ||||
Cintas Corp. | 251 | 113,357 | ||||
CoStar Group, Inc. (2) | 973 | 75,193 | ||||
Equifax, Inc. (1) | 302 | 58,697 | ||||
FleetCor Technologies, Inc. (2) | 1,561 | 286,724 | ||||
Gartner, Inc. (2) | 225 | 75,632 | ||||
Global Payments, Inc. | 701 | 69,623 | ||||
MarketAxess Holdings, Inc. (1) | 93 | 25,937 | ||||
Moody’s Corp. | 518 | 144,325 | ||||
PayPal Holdings, Inc. (2) | 23,596 | 1,680,507 | ||||
Quanta Services, Inc. | 351 | 50,018 | ||||
Robert Half International, Inc. | 2,287 | 168,849 | ||||
Rollins, Inc. | 1,210 | 44,213 | ||||
S&P Global, Inc. | 862 | 288,718 | ||||
United Rentals, Inc. (2) | 174 | 61,843 | ||||
Verisk Analytics, Inc. | 402 | 70,921 | ||||
3,499,995 | ||||||
Computers - 8.1% | ||||||
Accenture PLC - Class A | 12,996 | 3,467,853 | ||||
Apple, Inc. | 129,780 | 16,862,315 | ||||
Cognizant Technology Solutions Corp. - Class A | 4,179 | 238,997 | ||||
DXC Technology Co. (2) | 3,681 | 97,546 | ||||
EPAM Systems, Inc. (2) | 471 | 154,366 | ||||
Fortinet, Inc. (2) | 1,994 | 97,487 | ||||
Hewlett Packard Enterprise Co. | 3,167 | 50,545 | ||||
HP, Inc. | 23,917 | 642,650 | ||||
International Business Machines Corp. | 4,672 | 658,238 | ||||
Leidos Holdings, Inc. | 340 | 35,765 | ||||
NetApp, Inc. | 4,466 | 268,228 | ||||
Seagate Technology Holdings PLC | 593 | 31,198 | ||||
Western Digital Corp. (2) | 915 | 28,868 | ||||
22,634,056 | ||||||
Cosmetics & Personal Care - 1.1% | ||||||
Colgate-Palmolive Co. | 2,358 | 185,787 | ||||
The Estee Lauder Companies, Inc. - Class A | 878 | 217,841 | ||||
The Procter & Gamble Co. | 17,399 | 2,636,992 | ||||
3,040,620 | ||||||
Distribution & Wholesale - 0.3% | ||||||
Copart, Inc. (2) | 1,170 | 71,241 | ||||
Fastenal Co. | 1,417 | 67,053 | ||||
LKQ Corp. | 5,685 | 303,636 | ||||
Pool Corp. | 449 | 135,746 | ||||
W.W. Grainger, Inc. | 403 | 224,169 | ||||
801,845 | ||||||
Diversified Financial Services - 4.1% | ||||||
American Express Co. | 1,842 | 272,155 | ||||
Ameriprise Financial, Inc. | 306 | 95,279 | ||||
BlackRock, Inc. | 1,787 | 1,266,322 | ||||
Capital One Financial Corp. | 1,085 | 100,862 | ||||
Cboe Global Markets, Inc. | 260 | 32,622 | ||||
The Charles Schwab Corp. | 5,286 | 440,112 | ||||
CME Group, Inc. - Class A | 1,002 | 168,496 | ||||
Discover Financial Services | 685 | 67,013 | ||||
Franklin Resources, Inc. (1) | 10,615 | 280,024 | ||||
Intercontinental Exchange, Inc. | 11,479 | 1,177,631 | ||||
Invesco Ltd. | 1,313 | 23,621 | ||||
Mastercard, Inc. - Class A | 7,840 | 2,726,203 | ||||
Nasdaq, Inc. | 10,099 | 619,574 | ||||
Raymond James Financial, Inc. | 566 | 60,477 | ||||
Synchrony Financial | 1,224 | 40,221 | ||||
T. Rowe Price Group, Inc. | 4,684 | 510,837 | ||||
Visa, Inc. - Class A (1) | 16,838 | 3,498,263 | ||||
11,379,712 | ||||||
Electric - 1.1% | ||||||
The AES Corp. | 1,887 | 54,270 | ||||
Alliant Energy Corp. | 617 | 34,064 | ||||
Ameren Corp. | 669 | 59,487 | ||||
American Electric Power Co., Inc. | 1,263 | 119,922 | ||||
CenterPoint Energy, Inc. | 1,553 | 46,574 | ||||
CMS Energy Corp. | 714 | 45,218 | ||||
Consolidated Edison, Inc. | 870 | 82,920 | ||||
Constellation Energy Corp. | 6,718 | 579,159 | ||||
Dominion Energy, Inc. | 2,212 | 135,640 | ||||
DTE Energy Co. | 547 | 64,289 | ||||
Duke Energy Corp. | 1,893 | 194,960 | ||||
Edison International (1) | 945 | 60,121 | ||||
Entergy Corp. | 500 | 56,250 | ||||
Evergy, Inc. | 564 | 35,492 | ||||
Eversource Energy | 851 | 71,348 | ||||
Exelon Corp. | 2,857 | 123,508 | ||||
FirstEnergy Corp. | 1,405 | 58,926 | ||||
NextEra Energy, Inc. | 4,831 | 403,872 | ||||
NRG Energy, Inc. | 738 | 23,483 | ||||
PG&E Corp. (2) | 16,331 | 265,542 | ||||
Pinnacle West Capital Corp. | 278 | 21,139 | ||||
PPL Corp. | 2,067 | 60,398 | ||||
Public Service Enterprise Group, Inc. | 1,430 | 87,616 | ||||
Sempra Energy | 787 | 121,623 | ||||
The Southern Co. (1) | 2,614 | 186,666 | ||||
WEC Energy Group, Inc. | 776 | 72,758 | ||||
Xcel Energy, Inc. | 1,344 | 94,228 | ||||
3,159,473 | ||||||
Electrical Components & Equipment - 0.2% | ||||||
AMETEK, Inc. | 611 | 85,369 | ||||
Emerson Electric Co. | 4,656 | 447,255 | ||||
Generac Holdings, Inc. (2) | 156 | 15,703 | ||||
548,327 | ||||||
Electronics - 1.0% | ||||||
Agilent Technologies, Inc. | 735 | 109,993 | ||||
Allegion PLC | 240 | 25,262 | ||||
Amphenol Corp. - Class A | 13,110 | 998,195 | ||||
Fortive Corp. | 2,921 | 187,674 | ||||
Garmin Ltd. | 474 | 43,745 | ||||
Honeywell International, Inc. | 1,903 | 407,813 | ||||
Keysight Technologies, Inc. (2) | 440 | 75,271 | ||||
Mettler-Toledo International, Inc. (2) | 55 | 79,500 | ||||
TE Connectivity Ltd. | 6,552 | 752,170 | ||||
Trimble, Inc. (2) | 627 | 31,701 | ||||
2,711,324 | ||||||
Energy - Alternate Sources - 0.1% | ||||||
Enphase Energy, Inc. (2) | 332 | 87,967 | ||||
First Solar, Inc. (2) | 262 | 39,245 | ||||
SolarEdge Technologies, Inc. (2) | 457 | 129,454 | ||||
256,666 | ||||||
Engineering & Construction - 0.0%(4) | ||||||
Jacobs Solutions, Inc. | 361 | 43,345 | ||||
Entertainment - 0.0%(4) | ||||||
Caesars Entertainment, Inc. (2) | 548 | 22,797 | ||||
Live Nation Entertainment, Inc. (1)(2) | 567 | 39,542 | ||||
62,339 | ||||||
Environmental Control - 0.2% | ||||||
Pentair PLC | 3,388 | 152,392 | ||||
Republic Services, Inc. | 783 | 100,999 | ||||
Waste Management, Inc. | 1,020 | 160,018 | ||||
413,409 | ||||||
Food - 1.1% | ||||||
Campbell Soup Co. | 6,150 | 349,013 | ||||
Conagra Brands, Inc. | 1,179 | 45,627 | ||||
General Mills, Inc. | 7,653 | 641,704 | ||||
The Hershey Co. | 583 | 135,005 | ||||
Hormel Foods Corp. | 1,343 | 61,174 | ||||
The J.M. Smucker Co. | 267 | 42,309 | ||||
Kellogg Co. | 7,014 | 499,677 | ||||
The Kraft Heinz Co. | 3,485 | 141,874 | ||||
The Kroger Co. | 2,464 | 109,845 | ||||
Lamb Weston Holdings, Inc. | 354 | 31,633 | ||||
McCormick & Co., Inc. | 669 | 55,453 | ||||
Mondelez International, Inc. - Class A | 3,934 | 262,201 | ||||
Sysco Corp. | 1,261 | 96,404 | ||||
Tyson Foods, Inc. - Class A | 8,070 | 502,358 | ||||
2,974,277 | ||||||
Forest Products & Paper - 0.1% | ||||||
International Paper Co. | 8,070 | 279,464 | ||||
Gas - 0.0%(4) | ||||||
Atmos Energy Corp. (1) | 345 | 38,664 | ||||
NiSource, Inc. | 1,003 | 27,502 | ||||
66,166 | ||||||
Hand & Machine Tools - 0.1% | ||||||
Snap-on, Inc. (1) | 1,026 | 234,431 | ||||
Stanley Black & Decker, Inc. | 426 | 32,001 | ||||
266,432 | ||||||
Healthcare - Products - 2.0% | ||||||
Abbott Laboratories | 14,255 | 1,565,056 | ||||
Align Technology, Inc. (2) | 191 | 40,282 | ||||
Baxter International, Inc. | 1,237 | 63,050 | ||||
Bio-Techne Corp. | 384 | 31,826 | ||||
Boston Scientific Corp. (2) | 3,515 | 162,639 | ||||
The Cooper Companies, Inc. | 142 | 46,955 | ||||
Danaher Corp. | 5,926 | 1,572,879 | ||||
DENTSPLY SIRONA, Inc. | 4,408 | 140,351 | ||||
Edwards Lifesciences Corp. (2) | 1,524 | 113,706 | ||||
Hologic, Inc. (2) | 705 | 52,741 | ||||
IDEXX Laboratories, Inc. (2) | 205 | 83,632 | ||||
Intuitive Surgical, Inc. (2) | 877 | 232,712 | ||||
Medtronic PLC | 3,829 | 297,590 | ||||
PerkinElmer, Inc. | 310 | 43,468 | ||||
ResMed, Inc. | 360 | 74,927 | ||||
STERIS PLC | 246 | 45,434 | ||||
Stryker Corp. | 931 | 227,620 | ||||
Teleflex, Inc. (1) | 147 | 36,696 | ||||
Thermo Fisher Scientific, Inc. | 1,025 | 564,457 | ||||
Waters Corp. (1)(2) | 149 | 51,044 | ||||
West Pharmaceutical Services, Inc. | 182 | 42,834 | ||||
Zimmer Biomet Holdings, Inc. | 515 | 65,662 | ||||
5,555,561 | ||||||
Healthcare - Services - 1.7% | ||||||
Catalent, Inc. (2) | 440 | 19,804 | ||||
Centene Corp. (2) | 1,636 | 134,168 | ||||
Charles River Laboratories International, Inc. (2) | 125 | 27,238 | ||||
DaVita, Inc. (1)(2) | 1,856 | 138,588 | ||||
Elevance Health, Inc. | 679 | 348,307 | ||||
HCA Healthcare, Inc. | 817 | 196,047 | ||||
Humana, Inc. | 2,608 | 1,335,792 | ||||
IQVIA Holdings, Inc. (2) | 460 | 94,249 | ||||
Laboratory Corp of America Holdings | 1,934 | 455,418 | ||||
Molina Healthcare, Inc. (2) | 143 | 47,221 | ||||
Quest Diagnostics, Inc. | 2,449 | 383,122 | ||||
UnitedHealth Group, Inc. | 2,656 | 1,408,158 | ||||
Universal Health Services, Inc. - Class B | 206 | 29,023 | ||||
4,617,135 | ||||||
Home Builders - 0.1% | ||||||
D.R. Horton, Inc. (1) | 854 | 76,126 | ||||
Lennar Corp. - Class A (1) | 2,392 | 216,476 | ||||
NVR, Inc. (2) | 9 | 41,513 | ||||
PulteGroup, Inc. | 585 | 26,635 | ||||
360,750 | ||||||
Home Furnishings - 0.1% | ||||||
Whirlpool Corp. | 1,197 | 169,328 | ||||
Household Products & Wares - 0.1% | ||||||
Avery Dennison Corp. | 228 | 41,268 | ||||
Church & Dwight Co., Inc. | 629 | 50,704 | ||||
The Clorox Co. (1) | 302 | 42,380 | ||||
Kimberly-Clark Corp. | 971 | 131,813 | ||||
266,165 | ||||||
Housewares - 0.0%(4) | ||||||
Newell Brands, Inc. | 1,141 | 14,924 | ||||
Insurance - 3.4% | ||||||
Aflac, Inc. | 1,670 | 120,140 | ||||
The Allstate Corp. (1) | 723 | 98,039 | ||||
American International Group, Inc. | 2,179 | 137,800 | ||||
Aon PLC | 589 | 176,782 | ||||
Arch Capital Group Ltd. (2) | 7,511 | 471,541 | ||||
Arthur J Gallagher & Co. | 572 | 107,845 | ||||
Assurant, Inc. (1) | 140 | 17,508 | ||||
Berkshire Hathaway, Inc. - Class B (2) | 21,575 | 6,664,518 | ||||
Brown & Brown, Inc. | 798 | 45,462 | ||||
Chubb Ltd. | 1,155 | 254,793 | ||||
Cincinnati Financial Corp. | 392 | 40,137 | ||||
Everest Re Group Ltd. | 96 | 31,802 | ||||
Globe Life, Inc. | 241 | 29,053 | ||||
The Hartford Financial Services Group, Inc. | 816 | 61,877 | ||||
Lincoln National Corp. | 421 | 12,933 | ||||
Loews Corp. | 598 | 34,881 | ||||
Marsh & McLennan Companies, Inc. | 1,416 | 234,320 | ||||
MetLife, Inc. | 2,189 | 158,418 | ||||
Principal Financial Group, Inc. | 614 | 51,527 | ||||
The Progressive Corp. | 1,444 | 187,301 | ||||
Prudential Financial, Inc. | 918 | 91,304 | ||||
The Travelers Companies, Inc. | 627 | 117,556 | ||||
W.R. Berkley Corp. | 5,410 | 392,604 | ||||
Willis Towers Watson PLC | 300 | 73,374 | ||||
9,611,515 | ||||||
Internet - 9.3% | ||||||
Alphabet, Inc. - Class A (2) | 120,898 | 10,666,830 | ||||
Amazon.com, Inc. (2) | 99,468 | 8,355,312 | ||||
Booking Holdings, Inc. (2) | 732 | 1,475,185 | ||||
CDW Corp. | 332 | 59,289 | ||||
eBay, Inc. | 13,325 | 552,588 | ||||
Etsy, Inc. (1)(2) | 319 | 38,210 | ||||
Expedia Group, Inc. - Class A (2) | 3,224 | 282,422 | ||||
F5, Inc. (2) | 1,227 | 176,087 | ||||
Gen Digital, Inc. | 1,639 | 35,124 | ||||
Match Group, Inc. (2) | 701 | 29,084 | ||||
Meta Platforms, Inc. - Class A (2) | 26,033 | 3,132,811 | ||||
Netflix, Inc. (2) | 3,619 | 1,067,171 | ||||
VeriSign, Inc. (2) | 306 | 62,865 | ||||
25,932,978 | ||||||
Iron & Steel - 0.4% | ||||||
Nucor Corp. (1) | 6,291 | 829,217 | ||||
Steel Dynamics, Inc. (1) | 3,591 | 350,840 | ||||
1,180,057 | ||||||
Leisure Time - 0.0%(4) | ||||||
Carnival Corp. (1)(2) | 3,096 | 24,954 | ||||
Norwegian Cruise Line Holdings Ltd. (1)(2) | 1,086 | 13,292 | ||||
Royal Caribbean Cruises Ltd. (1)(2) | 665 | 32,871 | ||||
71,117 | ||||||
Lodging - 0.2% | ||||||
Hilton Worldwide Holdings, Inc. | 702 | 88,705 | ||||
Las Vegas Sands Corp. (1)(2) | 1,918 | 92,198 | ||||
Marriott International, Inc. - Class A | 812 | 120,899 | ||||
MGM Resorts International | 9,127 | 306,028 | ||||
Wynn Resorts Ltd. (2) | 281 | 23,174 | ||||
631,004 | ||||||
Machinery - Construction & Mining - 0.1% | ||||||
Caterpillar, Inc. | 1,705 | 408,450 | ||||
Machinery - Diversified - 0.4% | ||||||
Deere & Co. | 759 | 325,429 | ||||
Dover Corp. | 404 | 54,706 | ||||
IDEX Corp. | 1,537 | 350,943 | ||||
Ingersoll Rand, Inc. | 1,107 | 57,841 | ||||
Nordson Corp. (1) | 146 | 34,707 | ||||
Otis Worldwide Corp. | 1,191 | 93,267 | ||||
Rockwell Automation, Inc. (1) | 283 | 72,892 | ||||
Westinghouse Air Brake Technologies Corp. | 447 | 44,615 | ||||
Xylem, Inc. | 442 | 48,872 | ||||
1,083,272 | ||||||
Media - 2.0% | ||||||
Charter Communications, Inc. - Class A (2) | 3,476 | 1,178,712 | ||||
Comcast Corp. - Class A | 90,875 | 3,177,899 | ||||
DISH Network Corp. - Class A (1)(2) | 1,385 | 19,445 | ||||
FactSet Research Systems, Inc. | 93 | 37,312 | ||||
Fox Corp. - Class A | 11,319 | 343,758 | ||||
News Corp. - Class A | 12,045 | 219,219 | ||||
ViacomCBS, Inc. - Class B | 1,843 | 31,110 | ||||
The Walt Disney Co. (2) | 4,536 | 394,088 | ||||
Warner Bros Discovery, Inc. (1)(2) | 19,992 | 189,524 | ||||
5,591,067 | ||||||
Mining - 0.1% | ||||||
Freeport-McMoRan, Inc. | 4,110 | 156,180 | ||||
Newmont Corp. | 2,284 | 107,805 | ||||
263,985 | ||||||
Miscellaneous Manufacturers - 1.6% | ||||||
3M Co. | 12,090 | 1,449,833 | ||||
A.O. Smith Corp. (1) | 440 | 25,186 | ||||
Eaton Corp PLC | 1,096 | 172,017 | ||||
General Electric Co. | 5,749 | 481,709 | ||||
Illinois Tool Works, Inc. | 4,951 | 1,090,705 | ||||
Parker-Hannifin Corp. | 370 | 107,670 | ||||
Teledyne Technologies, Inc. (2) | 954 | 381,514 | ||||
Textron, Inc. | 650 | 46,020 | ||||
Trane Technologies PLC | 4,745 | 797,587 | ||||
4,552,241 | ||||||
Office & Business Equipment - 0.1% | ||||||
Zebra Technologies Corp. - Class A (2) | 1,081 | 277,179 | ||||
Oil & Gas - 7.2% | ||||||
APA Corp. | 7,335 | 342,398 | ||||
Chevron Corp. | 17,719 | 3,180,383 | ||||
ConocoPhillips | 26,230 | 3,095,140 | ||||
Coterra Energy, Inc. (1) | 2,021 | 49,656 | ||||
Devon Energy Corp. | 13,483 | 829,339 | ||||
Diamondback Energy, Inc. | 3,661 | 500,752 | ||||
EOG Resources, Inc. | 12,096 | 1,566,674 | ||||
EQT Corp. | 7,602 | 257,176 | ||||
Exxon Mobil Corp. | 36,733 | 4,051,650 | ||||
Hess Corp. | 771 | 109,343 | ||||
Marathon Oil Corp. | 15,769 | 426,867 | ||||
Marathon Petroleum Corp. | 11,447 | 1,332,316 | ||||
Occidental Petroleum Corp. | 19,785 | 1,246,257 | ||||
Phillips 66 | 9,928 | 1,033,306 | ||||
Pioneer Natural Resources Co. | 4,937 | 1,127,561 | ||||
Valero Energy Corp. | 8,304 | 1,053,446 | ||||
20,202,264 | ||||||
Oil & Gas Services - 0.1% | ||||||
Baker Hughes Co. - Class A | 2,519 | 74,386 | ||||
Halliburton Co. | 2,341 | 92,118 | ||||
Schlumberger Ltd. | 3,503 | 187,271 | ||||
353,775 | ||||||
Packaging & Containers - 0.3% | ||||||
Amcor PLC | 4,272 | 50,880 | ||||
Ball Corp. | 1,591 | 81,364 | ||||
Packaging Corp. of America | 1,926 | 246,355 | ||||
Sealed Air Corp. | 2,980 | 148,642 | ||||
Westrock Co. | 5,227 | 183,781 | ||||
711,022 | ||||||
Pharmaceuticals - 8.9% | ||||||
AbbVie, Inc. | 14,181 | 2,291,792 | ||||
AmerisourceBergen Corp. | 586 | 97,106 | ||||
Becton Dickinson and Co. | 701 | 178,264 | ||||
Bristol-Myers Squibb Co. | 21,049 | 1,514,476 | ||||
Cardinal Health, Inc. | 5,601 | 430,549 | ||||
Cigna Corp. | 6,703 | 2,220,972 | ||||
CVS Health Corp. | 26,765 | 2,494,230 | ||||
Dexcom, Inc. (2) | 965 | 109,277 | ||||
Eli Lilly & Co. | 2,498 | 913,868 | ||||
Henry Schein, Inc. (2) | 384 | 30,670 | ||||
Johnson & Johnson | 24,136 | 4,263,625 | ||||
McKesson Corp. | 3,459 | 1,297,540 | ||||
Merck & Co., Inc. | 44,615 | 4,950,034 | ||||
Organon & Co. | 5,240 | 146,353 | ||||
Pfizer, Inc. | 66,084 | 3,386,144 | ||||
Viatris, Inc. | 24,920 | 277,360 | ||||
Zoetis, Inc. | 1,168 | 171,170 | ||||
24,773,430 | ||||||
Pipelines - 0.1% | ||||||
Kinder Morgan, Inc. | 6,457 | 116,742 | ||||
ONEOK, Inc. | 1,263 | 82,979 | ||||
Targa Resources Corp. | 558 | 41,013 | ||||
The Williams Companies, Inc. | 3,193 | 105,050 | ||||
345,784 | ||||||
Real Estate - 0.2% | ||||||
CBRE Group, Inc. - Class A (1)(2) | 6,531 | 502,626 | ||||
Real Estate Investment Trusts (REITs) - 3.3% | ||||||
Alexandria Real Estate Equities, Inc. | 3,241 | 472,116 | ||||
American Tower Corp. | 3,786 | 802,102 | ||||
AvalonBay Communities, Inc. | 2,879 | 465,016 | ||||
Boston Properties, Inc. | 3,231 | 218,351 | ||||
Camden Property Trust | 2,377 | 265,939 | ||||
Crown Castle, Inc. | 3,521 | 477,588 | ||||
Digital Realty Trust, Inc. | 5,654 | 566,927 | ||||
Equinix, Inc. | 223 | 146,072 | ||||
Equity Residential | 7,555 | 445,745 | ||||
Essex Property Trust, Inc. | 1,317 | 279,099 | ||||
Extra Space Storage, Inc. | 377 | 55,487 | ||||
Federal Realty Investment Trust | 234 | 23,643 | ||||
Healthpeak Properties, Inc. | 10,560 | 264,739 | ||||
Host Hotels & Resorts, Inc. | 1,811 | 29,067 | ||||
Invitation Homes, Inc. | 1,500 | 44,460 | ||||
Iron Mountain, Inc. | 714 | 35,593 | ||||
Kimco Realty Corp. | 1,611 | 34,121 | ||||
Mid-America Apartment Communities, Inc. | 322 | 50,551 | ||||
Prologis, Inc. | 11,890 | 1,340,360 | ||||
Public Storage | 770 | 215,746 | ||||
Realty Income Corp. | 12,918 | 819,389 | ||||
Regency Centers Corp. | 419 | 26,187 | ||||
SBA Communications Corp. | 886 | 248,355 | ||||
Simon Property Group, Inc. | 901 | 105,849 | ||||
UDR, Inc. | 6,712 | 259,956 | ||||
Ventas, Inc. | 983 | 44,284 | ||||
VICI Properties, Inc. | 9,607 | 311,267 | ||||
Vornado Realty Trust | 3,951 | 82,220 | ||||
Welltower, Inc. | 9,691 | 635,245 | ||||
Weyerhaeuser Co. | 15,395 | 477,245 | ||||
9,242,719 | ||||||
Retail - 3.4% | ||||||
Advance Auto Parts, Inc. | 170 | 24,995 | ||||
AutoZone, Inc. (2) | 53 | 130,708 | ||||
Bath & Body Works, Inc. (1) | 648 | 27,307 | ||||
Best Buy Co., Inc. | 648 | 51,976 | ||||
CarMax, Inc. (1)(2) | 3,211 | 195,518 | ||||
Chipotle Mexican Grill, Inc. (2) | 68 | 94,349 | ||||
Costco Wholesale Corp. | 1,097 | 500,780 | ||||
Darden Restaurants, Inc. | 307 | 42,467 | ||||
Dollar General Corp. | 638 | 157,108 | ||||
Dollar Tree, Inc. (1)(2) | 550 | 77,792 | ||||
Domino’s Pizza, Inc. | 89 | 30,830 | ||||
Genuine Parts Co. | 2,898 | 502,832 | ||||
The Home Depot, Inc. | 2,906 | 917,889 | ||||
Lowe’s Companies, Inc. | 1,735 | 345,681 | ||||
McDonald’s Corp. | 7,980 | 2,102,969 | ||||
O’Reilly Automotive, Inc. (2) | 1,290 | 1,088,799 | ||||
Ross Stores, Inc. | 998 | 115,838 | ||||
Starbucks Corp. | 3,293 | 326,666 | ||||
Target Corp. | 1,301 | 193,901 | ||||
The TJX Companies, Inc. | 3,280 | 261,088 | ||||
Tractor Supply Co. | 272 | 61,192 | ||||
Ulta Beauty, Inc. (2) | 145 | 68,015 | ||||
Walgreens Boots Alliance, Inc. | 17,769 | 663,850 | ||||
Walmart, Inc. | 8,908 | 1,263,065 | ||||
Yum! Brands, Inc. | 805 | 103,104 | ||||
9,348,719 | ||||||
Semiconductors - 4.5% | ||||||
Advanced Micro Devices, Inc. (2) | 4,024 | 260,634 | ||||
Analog Devices, Inc. | 1,310 | 214,879 | ||||
Applied Materials, Inc. | 17,586 | 1,712,525 | ||||
Broadcom, Inc. | 3,030 | 1,694,164 | ||||
Intel Corp. | 11,599 | 306,562 | ||||
KLA Corp. | 1,262 | 475,812 | ||||
Lam Research Corp. | 2,803 | 1,178,101 | ||||
Microchip Technology, Inc. | 3,070 | 215,667 | ||||
Micron Technology, Inc. | 8,863 | 442,973 | ||||
Monolithic Power Systems, Inc. (1) | 115 | 40,665 | ||||
NVIDIA Corp. | 6,992 | 1,021,811 | ||||
NXP Semiconductors NV | 5,396 | 852,730 | ||||
ON Semiconductor Corp. (1)(2) | 8,906 | 555,467 | ||||
Qorvo, Inc. (2) | 2,197 | 199,136 | ||||
QUALCOMM, Inc. | 22,816 | 2,508,391 | ||||
Skyworks Solutions, Inc. | 462 | 42,102 | ||||
Teradyne, Inc. | 3,270 | 285,635 | ||||
Texas Instruments, Inc. | 2,519 | 416,189 | ||||
12,423,443 | ||||||
Shipbuilding - 0.0%(4) | ||||||
Huntington Ingalls Industries, Inc. | 99 | 22,837 | ||||
Software - 9.0% | ||||||
Activision Blizzard, Inc. | 6,370 | 487,623 | ||||
Adobe, Inc. (2) | 3,670 | 1,235,065 | ||||
Akamai Technologies, Inc. (2) | 3,193 | 269,170 | ||||
ANSYS, Inc. (2) | 715 | 172,737 | ||||
Autodesk, Inc. (2) | 1,773 | 331,320 | ||||
Broadridge Financial Solutions, Inc. | 289 | 38,764 | ||||
Cadence Design Systems, Inc. (2) | 2,230 | 358,227 | ||||
Ceridian HCM Holding, Inc. (2) | 376 | 24,120 | ||||
Electronic Arts, Inc. | 2,256 | 275,638 | ||||
Fidelity National Information Services, Inc. | 4,700 | 318,895 | ||||
Fiserv, Inc. (2) | 1,598 | 161,510 | ||||
Intuit, Inc. | 700 | 272,454 | ||||
Jack Henry & Associates, Inc. | 210 | 36,868 | ||||
Microsoft Corp. | 72,841 | 17,468,729 | ||||
MSCI, Inc. | 200 | 93,034 | ||||
Oracle Corp. | 7,875 | 643,702 | ||||
Paychex, Inc. | 1,035 | 119,605 | ||||
Paycom Software, Inc. (2) | 142 | 44,064 | ||||
PTC, Inc. (2) | 288 | 34,572 | ||||
Roper Technologies, Inc. | 871 | 376,350 | ||||
Salesforce, Inc. (2) | 8,058 | 1,068,410 | ||||
ServiceNow, Inc. (2) | 1,651 | 641,034 | ||||
Synopsys, Inc. (2) | 1,239 | 395,600 | ||||
Take-Two Interactive Software, Inc. (1)(2) | 1,367 | 142,346 | ||||
Tyler Technologies, Inc. (2) | 102 | 32,886 | ||||
25,042,723 | ||||||
Telecommunications - 4.1% | ||||||
Arista Networks, Inc. (2) | 777 | 94,289 | ||||
AT&T, Inc. | 139,444 | 2,567,164 | ||||
Cisco Systems, Inc. | 86,976 | 4,143,537 | ||||
Corning, Inc. | 16,936 | 540,936 | ||||
Juniper Networks, Inc. | 906 | 28,956 | ||||
Lumen Technologies, Inc. (1) | 21,220 | 110,768 | ||||
Motorola Solutions, Inc. | 472 | 121,639 | ||||
T-Mobile US, Inc. (2) | 3,475 | 486,500 | ||||
Verizon Communications, Inc. | 86,368 | 3,402,899 | ||||
11,496,688 | ||||||
Toys, Games & Hobbies - 0.0%(4) | ||||||
Hasbro, Inc. | 340 | 20,743 | ||||
Transportation - 3.2% | ||||||
C.H. Robinson Worldwide, Inc. | 1,901 | 174,056 | ||||
CSX Corp. | 39,256 | 1,216,151 | ||||
Expeditors International of Washington, Inc. | 3,600 | 374,112 | ||||
FedEx Corp. | 726 | 125,743 | ||||
J.B. Hunt Transport Services, Inc. | 259 | 45,159 | ||||
Norfolk Southern Corp. | 4,828 | 1,189,716 | ||||
Old Dominion Freight Line, Inc. | 292 | 82,864 | ||||
Union Pacific Corp. | 12,654 | 2,620,264 | ||||
United Parcel Service, Inc. - Class B | 17,503 | 3,042,721 | ||||
8,870,786 | ||||||
Water - 0.0%(4) | ||||||
American Water Works Co., Inc. | 447 | 68,132 | ||||
Total Common Stocks | ||||||
(Cost $295,741,781) | 278,328,861 | |||||
Short-Term Investments - 0.2% | ||||||
Money Market Funds - 0.2% | ||||||
First American Government Obligations Fund, Class X, 4.100% (3) | 454,638 | 454,638 | ||||
Total Short-Term Investments | ||||||
(Cost $454,638) | 454,638 | |||||
Investments Purchased with Collateral from Securities Lending - 3.0% | ||||||
Mount Vernon Liquid Assets Portfolio, LLC, 4.560% (3) | 8,508,005 | 8,508,005 | ||||
Total Investments Purchased with Collateral from Securities Lending | ||||||
(Cost $8,508,005) | 8,508,005 | |||||
Total Investments in Securities - 103.0% | ||||||
(Cost $304,704,424) | 287,291,504 | |||||
Liabilities in excess of Other assets - (3.0)% | (8,432,748) | |||||
Total Net Assets - 100.0% | $ | 278,858,756 |
(1) | This security or a portion of this security was out on loan as of December 31, 2022. Total loaned securities had a value of $8,284,454 or 3.0% of net assets. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. | |||
(2) | Non-income producing security. | |||
(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 Enhanced 500 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) | $ | – | $ | 278,328,861 | $ | – | $ | – | $ | 278,328,861 | |||||||||
Short-Term Investments | – | 454,638 | – | – | 454,638 | ||||||||||||||
Investments Purchased With Collateral From Securities Lending (2) | 8,508,005 | – | – | – | 8,508,005 | ||||||||||||||
Total Investments in Securities | $ | 8,508,005 | $ | 278,783,499 | $ | – | $ | – | $ | 287,291,504 | |||||||||
(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. |