SHP ETF Trust | ||||||||
FIS Knights of Columbus Global Belief ETF | ||||||||
Schedule of Investments | ||||||||
February 28, 2023 (Unaudited) | ||||||||
Investments | Number of Shares | Value | ||||||
COMMON STOCKS — 92.5% | ||||||||
Auto Components — 0.7% | ||||||||
Magna International, Inc.^ | 2,444 | $ | 136,521 | |||||
Automobiles — 2.2% | ||||||||
Mercedes-Benz Group AG^ | 3,036 | 233,910 | ||||||
Tesla, Inc.* | 853 | 175,471 | ||||||
409,381 | ||||||||
Banks — 7.9% | ||||||||
Bank of Montreal^ | 2,314 | 219,800 | ||||||
BNP Paribas SA^ | 2,820 | 197,829 | ||||||
CaixaBank SA^ | 48,000 | 206,263 | ||||||
Citizens Financial Group, Inc. | 4,984 | 208,132 | ||||||
KB Financial Group, Inc.^ | 4,272 | 164,600 | ||||||
United Overseas Bank Ltd.^ | 10,235 | 227,487 | ||||||
Wells Fargo & Co. | 5,052 | 236,282 | ||||||
1,460,393 | ||||||||
Beverages — 1.2% | ||||||||
Pernod Ricard SA^ | 1,045 | 219,096 | ||||||
Biotechnology — 1.3% | ||||||||
Horizon Therapeutics plc*^ | 2,184 | 239,126 | ||||||
Capital Markets — 0.9% | ||||||||
Franklin Resources, Inc. | 5,874 | 173,107 | ||||||
Chemicals — 2.6% | ||||||||
Chemours Co. (The) | 3,295 | 112,623 | ||||||
Nutrien Ltd.^ | 1,961 | 153,141 | ||||||
Shin-Ltsu Chemical Co., Ltd.^ | 1,540 | 216,503 | ||||||
482,267 | ||||||||
Construction & Engineering — 3.4% | ||||||||
AECOM | 2,201 | 190,078 | ||||||
Quanta Services, Inc. | 1,201 | 193,842 | ||||||
Stantec, Inc.^ | 4,183 | 243,523 | ||||||
627,443 | ||||||||
Consumer Finance — 1.3% | ||||||||
American Express Co. | 1,355 | 235,757 | ||||||
Diversified Financial Services — 1.9% | ||||||||
Berkshire Hathaway, Inc. Class B* | 1,157 | 353,093 | ||||||
Diversified Telecommunication Services — 1.0% | ||||||||
Nippon Telegraph & Telephone Corp.^ | 6,100 | 176,755 | ||||||
Electric Utilities — 1.6% | ||||||||
Entergy Corp. | 1,205 | 123,958 | ||||||
Exelon Corp. | 4,450 | 179,736 | ||||||
303,694 | ||||||||
Electrical Equipment — 0.8% | ||||||||
Fuji Electric Co. Ltd.^ | 4,005 | 154,655 | ||||||
Food & Staples Retailing — 0.9% | ||||||||
BJ’s Wholesale Club Holdings, Inc.* | 2,194 | 157,529 | ||||||
Food Products — 3.8% | ||||||||
Darling Ingredients, Inc.* | 2,710 | 171,462 | ||||||
General Mills, Inc. | 2,035 | 161,803 | ||||||
Nestle SA^ | 3,313 | 374,972 | ||||||
708,237 | ||||||||
Health Care Equipment & Supplies — 2.5% | ||||||||
Hoya Corp.^ | 1,604 | 158,616 | ||||||
ICU Medical, Inc.* | 767 | 130,881 | ||||||
Sonova Holding AG^ | 731 | 180,322 | ||||||
469,819 | ||||||||
Health Care Providers & Services — 0.9% | ||||||||
Quest Diagnostics Inc. | 1,152 | 159,391 | ||||||
Hotels, Restaurants & Leisure — 1.0% | ||||||||
Darden Restaurants, Inc. | 1,246 | 178,166 | ||||||
Insurance — 1.8% | ||||||||
Hartford Financial Services Group, Inc. (The) | 2,473 | 193,586 | ||||||
MAPFRE, SA*^ | 67,000 | 144,097 | ||||||
337,683 | ||||||||
Interactive Media & Services — 5.0% | ||||||||
Alphabet, Inc. Class A* | 3,649 | 328,629 | ||||||
Baidu, Inc.*^ | 9,167 | 157,426 | ||||||
Meta Platforms, Inc., Class A* | 1,664 | 291,100 | ||||||
Tencent Holdings Ltd.^ | 3,150 | 137,886 | ||||||
915,041 | ||||||||
Internet & Direct Marketing Retail — 2.5% | ||||||||
Alibaba Group Holding Ltd.*^ | 9,200 | 101,382 | ||||||
Meituan, Class B*^ (b) | 315 | 5,462 | ||||||
MercadoLibre, Inc.* | 167 | 203,740 | ||||||
PDD Holdings Inc.* | 1,630 | 143,000 | ||||||
453,584 | ||||||||
IT Services — 3.8% | ||||||||
Accenture plc^ | 890 | 236,339 | ||||||
Infosys Ltd.^ | 9,237 | 165,712 | ||||||
Visa, Inc. | 1,335 | 293,620 | ||||||
695,671 | ||||||||
Machinery — 1.4% | ||||||||
Caterpillar, Inc. | 1,068 | 255,839 | ||||||
Marine — 1.5% | ||||||||
A.P. Moller - Maersk A/S^ | 70 | 163,679 | ||||||
COSCO SHIPPING Holdings Co., Ltd.^ | 107,789 | 111,778 | ||||||
275,457 | ||||||||
Metals & Mining — 2.1% | ||||||||
BHP Group Ltd.^ | 5,874 | 179,043 | ||||||
Boliden AB^ | 4,895 | 201,905 | ||||||
380,948 | ||||||||
Multiline Retail — 0.9% | ||||||||
Target Corp. | 1,019 | 171,702 | ||||||
Multi-Utilities — 1.2% | ||||||||
Veolia Environnement SA^ | 7,064 | 212,081 | ||||||
Oil, Gas & Consumable Fuels — 5.8% | ||||||||
Canadian Natural Resources Ltd.^ | 3,486 | 197,441 | ||||||
Cheniere Energy, Inc. | 1,082 | 170,242 | ||||||
ConocoPhillips | 1,933 | 199,776 | ||||||
Equinor ASA^ | 5,418 | 167,647 | ||||||
Pioneer Natural Resources Co. | 710 | 142,291 | ||||||
Woodside Energy Group Ltd.^ | 7,671 | 185,760 | ||||||
1,063,157 | ||||||||
Paper & Forest Products — 0.9% | ||||||||
Suzano SA^ | 17,500 | 159,775 | ||||||
Personal Products — 1.9% | ||||||||
Natura & Co. Holding SA^ | 17,200 | 100,792 | ||||||
Unilever plc^ | 5,032 | 251,966 | ||||||
352,758 | ||||||||
Pharmaceuticals — 4.8% | ||||||||
Bristol-Myers Squibb Co. | 3,560 | 245,497 | ||||||
Eli Lilly & Co. | 979 | 304,684 | ||||||
Ipsen SA*^ | 1,780 | 204,060 | ||||||
Ono Pharmaceutical Co Ltd.^ | 6,700 | 136,740 | ||||||
890,981 | ||||||||
Real Estate Investment Trust — 0.9% | ||||||||
VICI Properties Inc. | 4,814 | 161,413 | ||||||
Real Estate Management & Development — 1.0% | ||||||||
CK Asset Holdings Ltd.^ | 28,678 | 179,751 | ||||||
Road & Rail — 1.0% | ||||||||
CSX Corp. | 6,201 | 189,069 | ||||||
Semiconductors & Semiconductor Equipment — 5.1% | ||||||||
ASML Holding NV^ | 380 | 235,347 | ||||||
Broadcom, Inc. | 460 | 273,373 | ||||||
NVIDIA Corp. | 688 | 159,726 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. - SP-ADR^ | 3,204 | 278,972 | ||||||
947,418 | ||||||||
Software — 5.2% | ||||||||
Microsoft Corp. | 3,204 | 799,142 | ||||||
ServiceNow, Inc.* | 356 | 153,852 | ||||||
952,994 | ||||||||
Specialty Retail — 1.2% | ||||||||
Tractor Supply Co. | 940 | 219,264 | ||||||
Technology Hardware, Storage & Peripherals — 3.8% | ||||||||
Apple Inc. | 4,788 | 705,799 | ||||||
Textiles, Apparel & Luxury Goods — 2.9% | ||||||||
Deckers Outdoor Corp.* | 566 | 235,654 | ||||||
LVMH Moet Hennessy Louis Vuitton SE*^ | 364 | 304,572 | ||||||
540,226 | ||||||||
Trading Companies & Distributors — 1.0% | ||||||||
Ferguson plc^ | 1,225 | 177,150 | ||||||
Wireless Telecommunication Services — 0.9% | ||||||||
MTN Group Ltd.^ | 20,234 | 159,623 | ||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $17,792,266) | 17,041,814 | |||||||
SHORT-TERM INVESTMENTS — 7.2% | ||||||||
Money Market Fund | ||||||||
First American Treasury Obligations Fund, Class X, 4.480% (a) | 1,329,277 | 1,329,277 | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||
(Cost $1,329,277) | 1,329,277 | |||||||
TOTAL INVESTMENTS — 99.7% | ||||||||
(Cost $19,121,543) | 18,371,091 | |||||||
OTHER ASSETS LESS LIABILITIES — 0.3% | 55,296 | |||||||
NET ASSETS — 100.0% | $ | 18,426,387 |
* | Non-income producing security. | ||||
^ | Foreign security. | ||||
(a) | 7-day net yield. | ||||
(b) | Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “qualified institutional buyers.” These securities have been deemed to be liquid by the Fund’s adviser under the supervision of the Board of Trustees. As of February 28, 2023, the value of these investments was $5,462 or 0.03% of total net assets. | ||||
SP-ADR - Sponsored American Depositary Receipt | |||||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of Morgan Stanley Capital International, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |
FIS Knights of Columbus Global Belief ETF invested, as a percentage of net assets, in the following countries as of February 28, 2023: | ||
United States | 55.2% | |
France | 6.2% | |
Canada | 5.1% | |
Japan | 4.6% | |
Cayman Islands | 3.9% | |
Switzerland | 3.0% | |
Ireland | 2.6% | |
Australia | 2.0% | |
Spain | 1.9% | |
Taiwan, Province of China | 1.5% | |
Brazil | 1.4% | |
United Kingdom | 1.4% | |
Netherlands | 1.3% | |
Germany | 1.3% | |
Singapore | 1.2% | |
Sweden | 1.1% | |
Jersey, Province of the United Kingdom | 0.9% | |
Norway | 0.9% | |
India | 0.9% | |
Denmark | 0.9% | |
South Korea | 0.9% | |
South Africa | 0.9% | |
China | 0.6% | |
Other(1) | 0.3% | |
100.0% | ||
(1) Includes cash and net other assets (liabilities). |
SHP ETF Trust | |||||||
FIS Knights of Columbus Global Belief ETF | |||||||
Notes to Quarterly Schedule of Investments | |||||||
February 28, 2023 (Unaudited) | |||||||
Investment Valuation | |||||||
The Fund discloses the fair value of their investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Fund’s (observable inputs) and (2) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows: | |||||||
• Level 1 — Quoted prices in active markets for identical assets that the Fund’s have the ability to access. | |||||||
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). | |||||||
• Level 3 — Significant unobservable inputs (including the Fund’s own assumptions in determining the 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 is a summary of the inputs used to value the Fund’s investments as of February 28, 2023: |
FIS Knights of Columbus Global Belief ETF | Level 1 | Level 2 | Level 3 | Total | |||||||||||
Investments | |||||||||||||||
Common Stocks * | $ | 17,041,814 | $ | - | $ | - | $ | 17,041,814 | |||||||
Money Market Fund | 1,329,277 | - | - | 1,329,277 | |||||||||||
Total Investments | $ | 18,371,091 | $ | - | $ | - | $ | 18,371,091 | |||||||
* See Schedule of Investments for segregation by industry type. |