REX FANG & Innovation Equity Premium Income ETF
Schedule of Investments
April 30, 2024 (unaudited)
Shares | Value | |||||||||
COMMON STOCK | ||||||||||
15.60 | % | COMMUNICATION SERVICES | ||||||||
Alphabet, Inc. Class A (A) | 55,095 | $ | 8,968,364 | |||||||
Meta Platforms, Inc. (A) | 20,932 | 9,004,318 | ||||||||
Netflix, Inc.(A) (B) | 20,795 | 11,450,559 | ||||||||
29,423,241 | ||||||||||
12.70 | % | CONSUMER DISCRETIONARY | ||||||||
Amazon.com, Inc.(A) (B) | 50,411 | 8,821,925 | ||||||||
Tesla, Inc.(A) (B) | 82,547 | 15,129,214 | ||||||||
23,951,139 | ||||||||||
35.81 | % | INFORMATION TECHNOLOGY - HARDWARE | ||||||||
Advanced Micro Devices(A) (B) | 78,750 | 12,472,425 | ||||||||
Apple, Inc. (A) | 52,120 | 8,877,600 | ||||||||
Broadcom, Inc. (A) | 9,637 | 12,530,702 | ||||||||
Intel Corp. (A) | 293,934 | 8,956,169 | ||||||||
Micron Technology, Inc. (A) | 105,840 | 11,955,686 | ||||||||
Nvidia Corp. (A) | 14,733 | 12,729,607 | ||||||||
67,522,189 | ||||||||||
18.99 | % | INFORMATION TECHNOLOGY - SOFTWARE & SERVICES | ||||||||
Adobe, Inc.(A) (B) | 19,329 | 8,946,041 | ||||||||
Microsoft Corp. (A) | 22,905 | 8,917,604 | ||||||||
Palo Alto Networks, Inc.(A) (B) | 30,763 | 8,948,649 | ||||||||
Salesforce, Inc. (A) | 33,469 | 9,001,153 | ||||||||
35,813,447 | ||||||||||
83.11 | % | TOTAL COMMON STOCK | 156,710,016 | |||||||
(Cost: $154,114,375) | ||||||||||
83.11 | % | TOTAL INVESTMENTS | 156,710,016 | |||||||
(Cost: $154,114,375) | ||||||||||
16.89 | % | Other assets, net of liabilities | 31,848,768 | |||||||
100.00 | % | NET ASSETS | $ | 188,558,784 |
(A): | All or a portion of the security is held as collateral for options written. |
(B): | Non-income producing. |
REX FANG & Innovation Equity Premium Income ETF
Schedule of Investments
April 30, 2024 (unaudited)
Number of Contracts | Notional Amount | Exercise Price | Expiration Date | Value | |||||||||||
(1.53% | ) | SCHEDULE OF OPTIONS WRITTEN | |||||||||||||
(1.53% | ) | CALL | |||||||||||||
Apple, Inc. | 485 | $ | 8,261,005 | 180 | 05/17/2024 | $ | (79,055) | ||||||||
Apple, Inc. | 36 | 613,188 | 185 | 05/17/2024 | (3,024) | ||||||||||
Adobe, Inc. | 193 | 8,932,619 | 510 | 05/17/2024 | (17,563) | ||||||||||
Advanced Micro Devices | 33 | 522,654 | 160 | 05/17/2024 | (26,235) | ||||||||||
Advanced Micro Devices | 27 | 427,626 | 165 | 05/17/2024 | (16,065) | ||||||||||
Advanced Micro Devices | 14 | 221,732 | 170 | 05/17/2024 | (6,230) | ||||||||||
Advanced Micro Devices | 704 | 11,149,952 | 175 | 05/17/2024 | (218,240) | ||||||||||
Advanced Micro Devices | 9 | 142,542 | 180 | 05/17/2024 | (1,980) | ||||||||||
Amazon.com, Inc. | 493 | 8,627,500 | 195 | 05/17/2024 | (117,827) | ||||||||||
Amazon.com, Inc. | 11 | 192,500 | 200 | 05/17/2024 | (1,661) | ||||||||||
Broadcom, Inc. | 4 | 520,108 | 1310 | 05/17/2024 | (17,480) | ||||||||||
Broadcom, Inc. | 2 | 260,054 | 1340 | 05/17/2024 | (5,600) | ||||||||||
Broadcom, Inc. | 1 | 130,027 | 1350 | 05/17/2024 | (2,520) | ||||||||||
Broadcom, Inc. | 3 | 390,081 | 1400 | 05/17/2024 | (3,870) | ||||||||||
Broadcom, Inc. | 2 | 260,054 | 1420 | 05/17/2024 | (2,046) | ||||||||||
Broadcom, Inc. | 83 | 10,792,241 | 1430 | 05/17/2024 | (62,250) | ||||||||||
Broadcom, Inc. | 1 | 130,027 | 1470 | 05/17/2024 | (455) | ||||||||||
Salesforce, Inc. | 319 | 8,579,186 | 300 | 05/17/2024 | (14,993) | ||||||||||
Salesforce, Inc. | 15 | 403,410 | 310 | 05/17/2024 | (300) | ||||||||||
Alphabet, Inc. | 533 | 8,676,174 | 165 | 05/17/2024 | (183,352) | ||||||||||
Alphabet, Inc. | 17 | 276,726 | 170 | 05/17/2024 | (2,992) | ||||||||||
Intel Corp. | 2,833 | 8,632,151 | 39 | 05/17/2024 | (8,499) | ||||||||||
Intel Corp. | 105 | 319,935 | 40 | 05/17/2024 | (210) | ||||||||||
Meta Platforms, Inc. | 203 | 8,732,451 | 540 | 05/17/2024 | (5,075) | ||||||||||
Meta Platforms, Inc. | 6 | 258,102 | 550 | 05/17/2024 | (102) | ||||||||||
Microsoft Corp. | 224 | 8,720,992 | 440 | 05/17/2024 | (4,928) | ||||||||||
Microsoft Corp. | 5 | 194,665 | 450 | 05/17/2024 | (65) | ||||||||||
Micron Technology, Inc. | 81 | 914,976 | 120 | 05/17/2024 | (14,985) | ||||||||||
Micron Technology, Inc. | 958 | 10,821,568 | 130 | 05/17/2024 | (40,236) | ||||||||||
Micron Technology, Inc. | 19 | 214,624 | 135 | 05/17/2024 | (399) | ||||||||||
Netflix, Inc. | 9 | 495,576 | 600 | 05/17/2024 | (1,818) | ||||||||||
Netflix, Inc. | 4 | 220,256 | 620 | 05/17/2024 | (380) | ||||||||||
Netflix, Inc. | 6 | 330,384 | 640 | 05/17/2024 | (222) | ||||||||||
Netflix, Inc. | 5 | 275,320 | 650 | 05/17/2024 | (110) | ||||||||||
Netflix, Inc. | 183 | 10,076,712 | 660 | 05/17/2024 | (3,294) | ||||||||||
Nvidia Corp. | 6 | 518,412 | 850 | 05/17/2024 | (26,844) | ||||||||||
Nvidia Corp. | 3 | 259,206 | 880 | 05/17/2024 | (9,150) |
REX FANG & Innovation Equity Premium Income ETF
Schedule of Investments
April 30, 2024 (unaudited)
Number of Contracts | Notional Amount | Exercise Price | Expiration Date | Value | |||||||||||
SCHEDULE OF OPTIONS WRITTEN Continued | |||||||||||||||
Nvidia Corp. | 2 | $ | 172,804 | 900 | 05/17/2024 | $ | (4,600) | ||||||||
Nvidia Corp. | 4 | 345,608 | 920 | 05/17/2024 | (7,040) | ||||||||||
Nvidia Corp. | 2 | 172,804 | 930 | 05/17/2024 | (2,960) | ||||||||||
Nvidia Corp. | 128 | 11,059,456 | 940 | 05/17/2024 | (166,400) | ||||||||||
Nvidia Corp. | 2 | 172,804 | 960 | 05/17/2024 | (1,910) | ||||||||||
Palo Alto Networks, Inc. | 255 | 7,417,695 | 290 | 05/17/2024 | (317,475) | ||||||||||
Palo Alto Networks, Inc. | 42 | 1,221,738 | 300 | 05/17/2024 | (30,954) | ||||||||||
Palo Alto Networks, Inc. | 10 | 290,890 | 310 | 05/17/2024 | (5,000) | ||||||||||
Tesla, Inc. | 35 | 641,480 | 150 | 05/17/2024 | (123,900) | ||||||||||
Tesla, Inc. | 17 | 311,576 | 155 | 05/17/2024 | (51,612) | ||||||||||
Tesla, Inc. | 11 | 201,608 | 160 | 05/17/2024 | (28,820) | ||||||||||
Tesla, Inc. | 718 | 13,159,504 | 170 | 05/17/2024 | (1,206,240) | ||||||||||
Tesla, Inc. | 16 | 293,248 | 175 | 05/17/2024 | (21,264) | ||||||||||
Tesla, Inc. | 17 | 311,576 | 180 | 05/17/2024 | (17,170) | ||||||||||
Tesla, Inc. | 11 | 201,608 | 185 | 05/17/2024 | (8,140) | ||||||||||
(2,893,540) | |||||||||||||||
(1.53% | ) | TOTAL OPTIONS WRITTEN | $ | (2,893,540) | |||||||||||
(Premiums Received: ($3,612,469) |
In accordance with U.S. GAAP, “fair value” is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used in determining the value of a Fund’s investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. 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, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following summarizes the inputs used to value the Fund’s investments as of April 30, 2024:
Level 1 | Level 2 | Level 3 | ||||||||
Other | Significant | |||||||||
Significant | Unobservable | |||||||||
Quoted Prices | Observable Inputs | Inputs | Total | |||||||
COMMON STOCK | $ | 156,710,016 | $ | 156,710,016 | ||||||
TOTAL INVESTMENTS | $ | 156,710,016 | $ | 156,710,016 | ||||||
TOTAL OPTIONS WRITTEN | $ | (2,893,540 | ) | $ | (2,893,540 | ) |
The cost of investments for Federal income tax purposes has been estimated a/o April 30, 2024 since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $150,501,907, and the related net unrealized appreciation (depreciation) consists of:
Gross unrealized appreciation | $ | 15,409,276 | ||
Gross unrealized depreciation | (12,094,707 | ) | ||
Net unrealized appreciation | $ | 3,314,569 |