Short 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 81.4%
REPURCHASE AGREEMENTS(a) - 81.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $25,813,444
(Cost $25,809,661)		25,809,661		25,809,661
Total Investments - 81.4% (Cost $25,809,661)				25,809,661
Other assets less liabilities - 18.6%				5,901,597
Net Assets - 100.0%				31,711,258

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Short 7-10 Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short 7-10 Year Treasury had the following open short futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury 10 Year Note	6	12/19/2023	U.S. Dollar	$	666,094	$	(5,917	)

Swap Agreements

Short 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	(7,872,446	)	11/6/2024	Bank of America NA		(4.84	)%	ICE U.S. Treasury 7-10 Year Bond Index		307,995
	(9,581,604	)	11/8/2023	Citibank NA		(4.86	)%	ICE U.S. Treasury 7-10 Year Bond Index		278,137
	(13,647,871	)	11/6/2024	Goldman Sachs International		(5.11	)%	ICE U.S. Treasury 7-10 Year Bond Index		468,551
	(31,101,921	)								1,054,683
								Total Unrealized Appreciation		1,054,683

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 91.6%
REPURCHASE AGREEMENTS(a) - 53.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $105,082,951 (Cost $105,067,549)		105,067,549		105,067,549
U.S. TREASURY OBLIGATIONS(b) - 38.1%
U.S. Treasury Bills
4.80%, 9/28/2023 (Cost $74,736,469)(c)		75,000,000		74,703,422
TOTAL SHORT-TERM INVESTMENTS (Cost $179,804,018)				179,770,971
Total Investments - 91.6% (Cost $179,804,018)				179,770,971
Other assets less liabilities - 8.4%				16,525,802
Net Assets - 100.0%				196,296,773

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $8,871,637.
(c)	The rate shown was the current yield as of August 31, 2023.

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond	43	12/19/2023	U.S. Dollar	$	5,227,188	$	(68,613	)

Swap Agreements

Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
(30,957,385	)	11/6/2024	Bank of America NA		(5.03	)%	ICE U.S. Treasury 20+ Year Bond Index		1,003,098
(41,418,556	)	11/8/2023	Citibank NA		(4.88	)%	ICE U.S. Treasury 20+ Year Bond Index		2,086,007
(55,725,279	)	11/6/2024	Goldman Sachs International		(4.91	)%	ICE U.S. Treasury 20+ Year Bond Index		2,712,871
(18,211,091	)	11/6/2024	Morgan Stanley & Co. International plc		(5.16	)%	ICE U.S. Treasury 20+ Year Bond Index		1,087,850
(45,969,037	)	11/6/2024	Societe Generale		(5.05	)%	ICE U.S. Treasury 20+ Year Bond Index		3,390,217
(192,281,348	)								10,280,043
							Total Unrealized Appreciation		10,280,043

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 103.5%
REPURCHASE AGREEMENTS(a) - 28.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $57,727,659
(Cost $57,719,198)		57,719,198		57,719,198
U.S. TREASURY OBLIGATIONS(b) - 74.6%
U.S. Treasury Bills
4.66%, 9/14/2023(c)		50,000,000		49,905,434
5.23%, 9/19/2023(c)		25,000,000		24,934,125
5.22%, 11/2/2023(c)		25,000,000		24,772,882
5.20%, 11/9/2023(c)		25,000,000		24,746,940
5.36%, 11/24/2023(c)		25,000,000		24,690,386
TOTAL U.S. TREASURY OBLIGATIONS (Cost $149,086,149)				149,049,767
TOTAL SHORT-TERM INVESTMENTS (Cost $206,805,347)				206,768,965
Total Investments - 103.5% (Cost $206,805,347)				206,768,965
Liabilities in excess of other assets - (3.5%)				(7,066,364	)
Net Assets - 100.0%				199,702,601

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $18,766,689.
(c)	The rate shown was the current yield as of August 31, 2023.

Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short Dow30^SM had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	6	9/15/2023	U.S. Dollar	$	1,043,730	$	12,732

Swap Agreements

Short Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(9,374,916	)	3/6/2025	Bank of America NA		(5.78	)%	Dow Jones Industrial AverageSM		(87,246	)
(10,972,124	)	11/6/2023	Barclays Capital		(5.53	)%	Dow Jones Industrial AverageSM		(7,184,729	)
(83,714,525	)	2/11/2025	BNP Paribas SA		(5.63	)%	Dow Jones Industrial AverageSM		(1,947,950	)
(10,798,514	)	3/6/2025	Citibank NA		(5.81	)%	Dow Jones Industrial AverageSM		(512,311	)
(30,902,500	)	11/7/2024	Goldman Sachs International		(5.68	)%	Dow Jones Industrial AverageSM		(1,165,237	)
(35,520,514	)	11/14/2024	Societe Generale		(5.63	)%	Dow Jones Industrial AverageSM		(1,430,964	)
(17,288,108	)	11/7/2024	UBS AG		(5.18	)%	Dow Jones Industrial AverageSM		(1,245,628	)
(198,571,201	)								(13,574,065	)
							Total Unrealized Depreciation		(13,574,065	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Financials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 84.6%
REPURCHASE AGREEMENTS(a) - 84.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $25,392,562
(Cost $25,388,840)		25,388,840		25,388,840
Total Investments - 84.6% (Cost $25,388,840)				25,388,840
Other assets less liabilities - 15.4%				4,620,109
Net Assets - 100.0%				30,008,949

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Financials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(1,131,552	)	3/6/2025	Bank of America NA		(5.43	)%	S&P Financial Select Sector Indexc		(304,806	)
(3,744,061	)	3/6/2025	BNP Paribas SA		(5.53	)%	S&P Financial Select Sector Indexc		(1,348,396	)
(107,445	)	4/7/2025	Citibank NA		(5.28	)%	S&P Financial Select Sector Indexc		(5,386	)
(5,206,830	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Financial Select Sector Indexc		(191,949	)
(8,123,061	)	3/6/2025	Societe Generale		(5.63	)%	S&P Financial Select Sector Indexc		(1,221,393	)
(11,659,425	)	3/6/2025	UBS AG		(5.43	)%	S&P Financial Select Sector Indexc		(1,181,252	)
(29,972,374	)								(4,253,182	)
							Total Unrealized Depreciation		(4,253,182	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

Short FTSE China 50

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 81.1%
REPURCHASE AGREEMENTS(a) - 81.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $6,329,897
(Cost $6,328,969)		6,328,969		6,328,969
Total Investments - 81.1% (Cost $6,328,969)				6,328,969
Other assets less liabilities - 18.9%				1,476,892
Net Assets - 100.0%				7,805,861

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,743,845	)	11/14/2024	Bank of America NA		(3.83	)%	iShares® China Large-Cap ETF		116,376
	(1,002,334	)	11/14/2024	Citibank NA		(2.58	)%	iShares® China Large-Cap ETF		71,894
	(2,397,303	)	3/6/2025	Goldman Sachs International		(4.83	)%	iShares® China Large-Cap ETF		(95,369	)
	(916,952	)	11/14/2024	Societe Generale		(3.88	)%	iShares® China Large-Cap ETF		(37,037	)
	(1,705,831	)	11/14/2024	UBS AG		(3.58	)%	iShares® China Large-Cap ETF		117,084
	(7,766,265	)								172,948
								Total Unrealized Appreciation		305,354
								Total Unrealized Depreciation		(132,406	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short High Yield

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 90.0%
REPURCHASE AGREEMENTS(a) - 36.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $68,688,431
(Cost $68,678,361)		68,678,361		68,678,361
U.S. TREASURY OBLIGATIONS - 53.3%
U.S. Treasury Bills
4.74%, 9/21/2023 (Cost $99,742,711)(b)		100,000,000		99,707,500
TOTAL SHORT-TERM INVESTMENTS (Cost $168,421,072)				168,385,861
Total Investments - 90.0% (Cost $168,421,072)				168,385,861
Other assets less liabilities - 10.0%				18,689,819
Net Assets - 100.0%				187,075,680

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	The rate shown was the current yield as of August 31, 2023.

Short High Yield

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements^a

Short High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
(6,053,209	)	3/7/2024	BNP Paribas SA		(2.33	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		(2,154,207	)
(166,104,155	)	3/6/2025	Citibank NA		(2.58	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		(3,501,284	)
(8,707,696	)	11/7/2024	Goldman Sachs International		(1.08	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		(297,836	)
(5,934,327	)	3/6/2024	UBS AG		(2.33	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		(517,666	)
(186,799,387	)								(6,470,993	)
							Total Unrealized Depreciation		(6,470,993	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 95.2%
REPURCHASE AGREEMENTS(a) - 95.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $9,156,991
(Cost $9,155,648)		9,155,648		9,155,648
Total Investments - 95.2% (Cost $9,155,648)				9,155,648
Other assets less liabilities - 4.8%				463,842
Net Assets - 100.0%				9,619,490

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Short MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short MidCap400 had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	3	9/15/2023	U.S. Dollar	$	794,610	$	(16,346	)

Swap Agreements

Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,216,916	)	2/11/2025	Bank of America NA		(5.68	)%	S&P MidCap 400®		(523,784	)
(1,362,417	)	2/11/2025	BNP Paribas SA		(5.48	)%	S&P MidCap 400®		(200,501	)
(1,859,765	)	3/6/2025	Citibank NA		(5.53	)%	S&P MidCap 400®		(162,733	)
(1,542,309	)	3/6/2024	Morgan Stanley & Co. International plc		(5.13	)%	S&P MidCap 400®		(51,518	)
(2,841,235	)	11/14/2024	Societe Generale		(5.31	)%	S&P MidCap 400®		122,048
(8,822,642	)								(816,488	)
							Total Unrealized Appreciation		122,048
							Total Unrealized Depreciation		(938,536	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MSCI EAFE

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.8%
REPURCHASE AGREEMENTS(a) - 89.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $31,839,022
(Cost $31,834,355)		31,834,355		31,834,355
Total Investments - 89.8% (Cost $31,834,355)				31,834,355
Other assets less liabilities - 10.2%				3,605,932
Net Assets - 100.0%				35,440,287

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
(17,681,090	)	11/14/2024	Citibank NA		(4.93	)%	iShares® MSCI EAFE ETF		(6,955	)
(8,950,860	)	3/6/2025	Goldman Sachs International		(5.38	)%	iShares® MSCI EAFE ETF		(628,376	)
(2,566,565	)	11/14/2024	Societe Generale		(4.73	)%	iShares® MSCI EAFE ETF		(1,131,694	)
(6,205,557	)	3/6/2025	UBS AG		(4.93	)%	iShares® MSCI EAFE ETF		(714,957	)
(35,404,072	)								(2,481,982	)
							Total Unrealized Depreciation		(2,481,982	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MSCI Emerging Markets 

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 79.9%
REPURCHASE AGREEMENTS(a) - 79.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $23,234,272
(Cost $23,230,868)		23,230,868		23,230,868
Total Investments - 79.9% (Cost $23,230,868)				23,230,868
Other assets less liabilities - 20.1%				5,839,556
Net Assets - 100.0%				29,070,424

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(6,887,336	)	3/6/2025	Bank of America NA		(4.53	)%	iShares® MSCI Emerging Markets ETF		196,563
(5,727,606	)	11/14/2024	Citibank NA		(4.78	)%	iShares® MSCI Emerging Markets ETF		54,974
(4,325,724	)	4/10/2024	Goldman Sachs International		(4.83	)%	iShares® MSCI Emerging Markets ETF		189,808
(467,294	)	11/14/2024	Morgan Stanley & Co. International plc		(4.78	)%	iShares® MSCI Emerging Markets ETF		8,049
(4,005,522	)	11/14/2024	Societe Generale		(3.83	)%	iShares® MSCI Emerging Markets ETF		(477,636	)
(7,538,746	)	4/10/2024	UBS AG		(4.23	)%	iShares® MSCI Emerging Markets ETF		(1,499,194	)
(28,952,228	)								(1,527,436	)
							Total Unrealized Appreciation		449,394
							Total Unrealized Depreciation		(1,976,830	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 122.2%
REPURCHASE AGREEMENTS(a) - 30.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $292,878,386
(Cost $292,835,459)		292,835,459		292,835,459
U.S. TREASURY OBLIGATIONS(b) - 92.1%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		25,000,000		24,985,507
4.84%, 9/7/2023(c)		50,000,000		49,956,093
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.66%, 9/14/2023(c)		100,000,000		99,810,868
5.23%, 9/19/2023(c)		50,000,000		49,868,250
4.76%, 9/21/2023(c)		100,000,000		99,707,500
4.80%, 9/28/2023(c)		75,000,000		74,703,422
5.30%, 10/3/2023(c)		25,000,000		24,882,778
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		50,000,000		49,595,903
5.22%, 11/2/2023(c)		50,000,000		49,545,764
5.20%, 11/9/2023(c)		25,000,000		24,746,940
5.26%, 11/16/2023(c)		25,000,000		24,721,716
5.34%, 11/21/2023(c)		35,000,000		34,584,790
5.38%, 11/24/2023(c)		60,000,000		59,256,926
5.39%, 11/30/2023(c)		25,000,000		24,668,271
5.39%, 12/5/2023(c)		35,000,000		34,511,294
5.36%, 12/7/2023(c)		35,000,000		34,504,487
5.38%, 12/12/2023(c)		25,000,000		24,624,672
5.35%, 1/4/2024(c)		35,000,000		34,358,030
TOTAL U.S. TREASURY OBLIGATIONS (Cost $893,871,357)				893,691,425
TOTAL SHORT-TERM INVESTMENTS (Cost $1,186,706,816)				1,186,526,884
Total Investments - 122.2% (Cost $1,186,706,816)				1,186,526,884
Liabilities in excess of other assets - (22.2%)				(215,195,204	)
Net Assets - 100.0%				971,331,680

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $308,736,169.
(c)	The rate shown was the current yield as of August 31, 2023.

Short QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short QQQ had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
NASDAQ 100 E-Mini Index	99	9/15/2023	U.S. Dollar	$	30,766,230	$	(121,516	)

Swap Agreements

Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(124,892,121	)	3/6/2025	Bank of America NA		(5.68	)%	NASDAQ-100 Index®		(15,928,430	)
(51,355,045	)	11/6/2023	Barclays Capital		(5.53	)%	NASDAQ-100 Index®		(56,859,054	)
(60,035,644	)	11/6/2023	BNP Paribas SA		(5.68	)%	NASDAQ-100 Index®		(37,709,528	)
(110,259,111	)	11/6/2023	Citibank NA		(5.81	)%	NASDAQ-100 Index®		(68,314,700	)
(138,874,086	)	11/7/2024	Goldman Sachs International		(5.68	)%	NASDAQ-100 Index®		(26,913,164	)
(59,772,126	)	11/7/2023	J.P. Morgan Securities		(5.48	)%	NASDAQ-100 Index®		(26,169,268	)
(100,198,916	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	NASDAQ-100 Index®		2,633,393
(80,807,078	)	11/14/2024	Societe Generale		(5.98	)%	NASDAQ-100 Index®		(49,368,454	)
(214,158,567	)	11/7/2024	UBS AG		(5.48	)%	NASDAQ-100 Index®		(39,542,087	)
(940,352,694	)								(318,171,292	)
							Total Unrealized Appreciation		2,633,393
							Total Unrealized Depreciation		(320,804,685	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Real Estate

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 92.6%
REPURCHASE AGREEMENTS(a) - 92.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $36,368,098
(Cost $36,362,768)		36,362,768		36,362,768
Total Investments - 92.6% (Cost $36,362,768)				36,362,768
Other assets less liabilities - 7.4%				2,911,277
Net Assets - 100.0%				39,274,045

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(22,382,580	)	3/6/2025	Bank of America NA		(5.68	)%	S&P Real Estate Select Sector index		(557,430	)
(7,284,321	)	3/6/2025	BNP Paribas SA		(5.53	)%	S&P Real Estate Select Sector index		(941,051	)
(1,100,616	)	4/7/2025	Citibank NA		(5.23	)%	S&P Real Estate Select Sector index		13,777
(1,746,574	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Real Estate Select Sector index		(260,569	)
(2,945,745	)	3/6/2025	Societe Generale		(5.58	)%	S&P Real Estate Select Sector index		(121,992	)
(3,704,960	)	3/6/2025	UBS AG		(4.98	)%	S&P Real Estate Select Sector index		(95,589	)
(39,164,796	)								(1,962,854	)
							Total Unrealized Appreciation		13,777
							Total Unrealized Depreciation		(1,976,631	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 104.9%
REPURCHASE AGREEMENTS(a) - 5.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $15,293,905
(Cost $15,291,663)		15,291,663		15,291,663
U.S. TREASURY OBLIGATIONS(b) - 99.8%
U.S. Treasury Bills
5.01%, 9/7/2023(c)		25,000,000		24,978,047
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.76%, 9/21/2023(c)		125,000,000		124,634,375
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		25,000,000		24,797,951
5.22%, 11/2/2023(c)		25,000,000		24,772,882
5.20%, 11/9/2023(c)		25,000,000		24,746,940
TOTAL U.S. TREASURY OBLIGATIONS (Cost $298,687,764)				298,588,409
TOTAL SHORT-TERM INVESTMENTS (Cost $313,979,427)				313,880,072
Total Investments - 104.9% (Cost $313,979,427)				313,880,072
Liabilities in excess of other assets - (4.9%)				(14,657,592	)
Net Assets - 100.0%				299,222,480

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $37,371,362.
(c)	The rate shown was the current yield as of August 31, 2023.

Short Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short Russell2000 had the following open short futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	17	9/15/2023	U.S. Dollar	$	1,616,360	$	64,864

Swap Agreements

Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(43,297,507	)	3/6/2024	Bank of America NA		(4.98	)%	Russell 2000® Index		(5,413,444	)
(21,244,121	)	11/6/2023	Barclays Capital		(5.43	)%	Russell 2000® Index		(6,666,736	)
(16,439,831	)	2/11/2025	BNP Paribas SA		(5.18	)%	Russell 2000® Index		(5,140,655	)
(62,700,838	)	3/6/2025	Citibank NA		(5.14	)%	Russell 2000® Index		(5,103,454	)
(58,757,923	)	11/7/2024	Goldman Sachs International		(5.33	)%	Russell 2000® Index		(380,409	)
(30,995,179	)	3/6/2024	Morgan Stanley & Co. International plc		(5.03	)%	Russell 2000® Index		(1,298,330	)
(39,707,111	)	11/14/2024	Societe Generale		(5.18	)%	Russell 2000® Index		(1,498,491	)
(24,476,733	)	11/7/2024	UBS AG		(4.83	)%	Russell 2000® Index		697,115
(297,619,243	)								(24,804,404	)
							Total Unrealized Appreciation		697,115
							Total Unrealized Depreciation		(25,501,519	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short S&P500^®
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 106.1%
REPURCHASE AGREEMENTS(a) - 21.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $351,490,709
(Cost $351,439,189)		351,439,189		351,439,189
U.S. TREASURY OBLIGATIONS(b) - 84.6%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		25,000,000		24,985,507
4.79%, 9/7/2023(c)		75,000,000		74,934,140
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.66%, 9/14/2023(c)		100,000,000		99,810,868
5.23%, 9/19/2023(c)		100,000,000		99,736,500
4.75%, 9/21/2023(c)		200,000,000		199,415,000
4.80%, 9/28/2023(c)		100,000,000		99,604,562
5.30%, 10/3/2023(c)		25,000,000		24,882,778
5.32%, 10/26/2023(c)		100,000,000		99,191,806
5.22%, 11/2/2023(c)		75,000,000		74,318,646
5.20%, 11/9/2023(c)		50,000,000		49,493,880
5.26%, 11/16/2023(c)		75,000,000		74,165,148
5.34%, 11/21/2023(c)		35,000,000		34,584,790
5.37%, 11/24/2023(c)		125,000,000		123,451,930
5.39%, 11/30/2023(c)		150,000,000		148,009,625
5.39%, 12/5/2023(c)		35,000,000		34,511,294
5.36%, 12/7/2023(c)		25,000,000		24,646,062
5.38%, 12/12/2023(c)		35,000,000		34,474,540
5.35%, 1/4/2024(c)		35,000,000		34,358,030
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,379,808,909)				1,379,534,983
TOTAL SHORT-TERM INVESTMENTS (Cost $1,731,248,098)				1,730,974,172
Total Investments - 106.1% (Cost $1,731,248,098)				1,730,974,172
Liabilities in excess of other assets - (6.1%)				(99,844,186	)
Net Assets - 100.0%				1,631,129,986

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $261,124,257.
(c)	The rate shown was the current yield as of August 31, 2023.

Short S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

Short S&P500^® had the following open short futures contracts as of August 31, 2023:      

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index	219	9/15/2023	U.S. Dollar	$	49,450,200	$	(454,591	)

Swap Agreements

Short S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(142,942,406	)	3/6/2025	Bank of America NA		(5.63	)%	S&P 500®		(558,452	)
	(148,094,662	)	2/11/2025	BNP Paribas SA		(5.63	)%	S&P 500®		(20,235,561	)
	(215,236,257	)	3/6/2025	Citibank NA		(5.81	)%	S&P 500®		(24,970,423	)
	(167,292,786	)	11/7/2024	Goldman Sachs International		(5.68	)%	S&P 500®		(33,683,642	)
	(278,375,051	)	11/7/2023	J.P. Morgan Securities		(5.48	)%	S&P 500®		(28,601,198	)
	(174,698,871	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	S&P 500®		2,615,082
	(206,653,673	)	11/14/2024	Societe Generale		(5.68	)%	S&P 500®		(40,279,432	)
	(248,429,349	)	11/7/2024	UBS AG		(5.48	)%	S&P 500®		(26,466,811	)
	(1,581,723,055	)								(172,180,437	)
								Total Unrealized Appreciation		2,615,082
								Total Unrealized Depreciation		(174,795,519	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short SmallCap600
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 91.9%
REPURCHASE AGREEMENTS(a) - 91.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $11,227,384
(Cost $11,225,740)		11,225,740		11,225,740
Total Investments - 91.9% (Cost $11,225,740)				11,225,740
Other assets less liabilities - 8.1%				991,758
Net Assets - 100.0%				12,217,498

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	(2,559,293	)	3/6/2024	Bank of America NA		(5.53	)%	S&P SmallCap 600®		(322,644	)
	(4,696,535	)	3/6/2025	Citibank NA		(5.48	)%	S&P SmallCap 600®		(476,720	)
	(1,214,621	)	3/6/2024	Morgan Stanley & Co. International plc		(4.98	)%	S&P SmallCap 600®		(39,631	)
	(1,549,562	)	11/14/2024	Societe Generale		(5.18	)%	S&P SmallCap 600®		(866,409	)
	(2,196,133	)	3/6/2024	UBS AG		(5.18	)%	S&P SmallCap 600®		(184,103	)
	(12,216,144	)								(1,889,507	)
								Total Unrealized Depreciation		(1,889,507	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra 7-10 Year Treasury
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 91.2%
REPURCHASE AGREEMENTS(a) - 91.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $11,588,531
(Cost $11,586,831)		11,586,831		11,586,831
Total Investments - 91.2% (Cost $11,586,831)				11,586,831
Other assets less liabilities - 8.8%				1,122,313
Net Assets - 100.0%				12,709,144

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra 7-10 Year Treasury had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury 10 Year Note	2	12/19/2023	U.S. Dollar	$	222,031	$	1,965

Swap Agreements

Ultra 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	7,425,340	11/6/2024	Bank of America NA		4.84	%	ICE U.S. Treasury 7-10 Year Bond Index		(261,311	)
	10,151,529	11/8/2023	Citibank NA		5.18	%	ICE U.S. Treasury 7-10 Year Bond Index		(246,114	)
	7,707,104	11/6/2024	Goldman Sachs International		5.11	%	ICE U.S. Treasury 7-10 Year Bond Index		(245,216	)
	25,283,973								(752,641	)
							Total Unrealized Depreciation		(752,641	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra 20+ Year Treasury
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 93.3%
REPURCHASE AGREEMENTS(a) - 93.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $57,839,063
(Cost $57,830,583)		57,830,583		57,830,583
Total Investments - 93.3% (Cost $57,830,583)				57,830,583
Other assets less liabilities - 6.7%				4,152,221
Net Assets - 100.0%				61,982,804

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra 20+ Year Treasury had the following open long futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury Long Bond	15	12/19/2023	U.S. Dollar	$	1,823,438	$	23,409

Swap Agreements

Ultra 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	34,068,887	11/6/2024	Bank of America NA		5.03	%	ICE U.S. Treasury 20+ Year Bond Index		(2,219,986	)
	25,706,176	11/8/2023	Citibank NA		5.25	%	ICE U.S. Treasury 20+ Year Bond Index		(1,031,544	)
	32,836,718	11/6/2024	Goldman Sachs International		4.91	%	ICE U.S. Treasury 20+ Year Bond Index		(2,102,483	)
	29,633,745	11/6/2024	Societe Generale		5.47	%	ICE U.S. Treasury 20+ Year Bond Index		(2,104,694	)
	122,245,526								(7,458,707	)
							Total Unrealized Depreciation		(7,458,707	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Communication Services
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 69.1%
Diversified Telecommunication Services - 5.6%
AT&T, Inc.		1,648		24,374
Verizon Communications, Inc.		741		25,920
				50,294
Entertainment - 15.6%
Activision Blizzard, Inc.		327		30,081
Electronic Arts, Inc.		165		19,797
Live Nation Entertainment, Inc.*		91		7,692
Netflix, Inc.*		63		27,322
Take-Two Interactive Software, Inc.*		100		14,220
Walt Disney Co. (The)*		286		23,932
Warner Bros Discovery, Inc.*		1,402		18,422
				141,466
Interactive Media & Services - 34.1%
Alphabet, Inc., Class A*		589		80,204
Alphabet, Inc., Class C*		507		69,637
Match Group, Inc.*		176		8,249
Meta Platforms, Inc., Class A*		507		150,016
				308,106
Media - 10.8%
Charter Communications, Inc., Class A*		66		28,916
Comcast Corp., Class A		653		30,534
Fox Corp., Class A		170		5,620
Fox Corp., Class B		86		2,625
Interpublic Group of Cos., Inc. (The)		244		7,957
News Corp., Class A		241		5,179
News Corp., Class B		74		1,628
Omnicom Group, Inc.		126		10,207
Paramount Global, Class B(a)		321		4,844
				97,510
Wireless Telecommunication Services - 3.0%
T-Mobile US, Inc.*		200		27,250
TOTAL COMMON STOCKS (Cost $523,572)				624,626
SECURITIES LENDING REINVESTMENTS(b) - 0.5%
INVESTMENT COMPANIES - 0.5%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $4,418)		4,418		4,418

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 9.0%
REPURCHASE AGREEMENTS(c) - 9.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $81,448
(Cost $81,436)	81,436		81,436
Total Investments - 78.6% (Cost $609,426)			710,480
Other assets less liabilities - 21.4%			193,153
Net Assets - 100.0%			903,633

Ultra Communication Services
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $4,346, collateralized in the form of cash with a value of $4,418 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $47 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 5.25%, and maturity dates ranging from July 15, 2024 – February 15, 2051. The total value of collateral is $4,465.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $4,418.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Communication Services had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	442,870	3/6/2025	Bank of America NA		5.63	%	S&P Communication Servicesc Select  Sector Index		67,794
	143,261	3/6/2025	BNP Paribas SA		5.88	%	S&P Communication Servicesc Select  Sector Index		(776	)
	59,427	3/6/2025	Goldman Sachs International		5.93	%	S&P Communication Servicesc Select  Sector Index		(1,226	)
	245,488	3/6/2025	Societe Generale		5.98	%	S&P Communication Servicesc Select  Sector Index		58,949
	292,888	3/6/2025	UBS AG		5.68	%	S&P Communication Servicesc Select  Sector Indexc		50,976
	1,183,934								175,717
							Total Unrealized Appreciation		177,719
							Total Unrealized Depreciation		(2,002	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Consumer Discretionary
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 78.3%
Automobile Components - 0.9%
Aptiv plc*		1,218		123,566
BorgWarner, Inc.		1,056		43,032
				166,598
Automobiles - 17.3%
Ford Motor Co.		17,701		214,713
General Motors Co.		6,261		209,806
Tesla, Inc.*		10,678		2,755,778
				3,180,297
Broadline Retail - 19.8%
Amazon.com, Inc.*		25,371		3,501,452
eBay, Inc.		2,409		107,875
Etsy, Inc.*		556		40,905
				3,650,232
Distributors - 1.2%
Genuine Parts Co.		633		97,311
LKQ Corp.		1,144		60,094
Pool Corp.		176		64,346
				221,751
Hotels, Restaurants & Leisure - 16.8%
Booking Holdings, Inc.*		166		515,435
Caesars Entertainment, Inc.*		969		53,547
Carnival Corp.*		4,524		71,570
Chipotle Mexican Grill, Inc.*		124		238,903
Darden Restaurants, Inc.		545		84,753
Domino's Pizza, Inc.		159		61,597
Expedia Group, Inc.*		642		69,586
Hilton Worldwide Holdings, Inc.		1,192		177,191
Las Vegas Sands Corp.		1,480		81,193
Marriott International, Inc., Class A		1,161		236,275
McDonald's Corp.		2,136		600,536
MGM Resorts International		1,360		59,813
Norwegian Cruise Line Holdings Ltd.*		1,911		31,665
Royal Caribbean Cruises Ltd.*		991		98,049
Starbucks Corp.		5,164		503,180
Wynn Resorts Ltd.		466		47,243
Yum! Brands, Inc.		1,262		163,278
				3,093,814
Household Durables - 3.4%
DR Horton, Inc.		1,398		166,390
Garmin Ltd.		689		73,048
Lennar Corp., Class A		1,143		136,120
Mohawk Industries, Inc.*		238		24,131
Newell Brands, Inc.		1,697		17,954
NVR, Inc.*		14		89,283
PulteGroup, Inc.		1,005		82,470
Whirlpool Corp.		247		34,570
				623,966
Leisure Products - 0.2%
Hasbro, Inc.		587		42,264
Specialty Retail - 15.2%
AutoZone, Inc.*		83		210,100
Bath & Body Works, Inc.		1,031		38,013
Best Buy Co., Inc.		877		67,047
CarMax, Inc.*		713		58,238
Home Depot, Inc. (The)		2,060		680,418
Lowe's Cos., Inc.		2,686		619,069
O'Reilly Automotive, Inc.*		274		257,478
Ross Stores, Inc.		1,541		187,709
TJX Cos., Inc. (The)		5,187		479,694
Tractor Supply Co.		494		107,939
Ulta Beauty, Inc.*		226		93,797
				2,799,502
Textiles, Apparel & Luxury Goods - 3.5%
NIKE, Inc., Class B		5,550		564,490
Ralph Lauren Corp.		185		21,577
Tapestry, Inc.		1,044		34,786
VF Corp.		1,488		29,403
				650,256
TOTAL COMMON STOCKS (Cost $13,899,968)				14,428,680

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 0.6%
REPURCHASE AGREEMENTS(a) - 0.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $106,011
(Cost $105,995)		105,995		105,995
Total Investments - 78.9% (Cost $14,005,963)				14,534,675
Other assets less liabilities - 21.1%				3,875,689
Net Assets - 100.0%				18,410,364

Ultra Consumer Discretionary
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Consumer Discretionary had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	7,101,101	3/6/2025	BNP Paribas SA		5.83	%	S&P Consumer Discretionary Select Sector Index		1,447,033
	2,062,610	3/6/2025	Goldman Sachs International		5.93	%	S&P Consumer Discretionary Select Sector Index		75,359
	10,864,461	3/6/2025	Societe Generale		6.08	%	S&P Consumer Discretionary Select Sector Index		639,008
	2,400,348	3/6/2025	UBS AG		5.68	%	S&P Consumer Discretionary Select Sector Index		587,456
	22,428,520								2,748,856
							Total Unrealized Appreciation		2,748,856

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Consumer Staples
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 83.3%
Beverages - 21.5%
Brown-Forman Corp., Class B		552		36,504
Coca-Cola Co. (The)		10,260		613,856
Constellation Brands, Inc., Class A		485		126,372
Keurig Dr Pepper, Inc.		2,539		85,437
Molson Coors Beverage Co., Class B		565		35,872
Monster Beverage Corp.*		2,303		132,215
PepsiCo, Inc.		3,631		646,027
				1,676,283
Consumer Staples Distribution & Retail - 19.9%
Costco Wholesale Corp.		1,168		641,559
Dollar General Corp.		661		91,548
Dollar Tree, Inc.*		627		76,720
Kroger Co. (The)		1,969		91,342
Sysco Corp.		1,527		106,356
Target Corp.		1,392		176,158
Walgreens Boots Alliance, Inc.		2,159		54,644
Walmart, Inc.		1,881		305,869
				1,544,196
Food Products - 14.2%
Archer-Daniels-Midland Co.		1,641		130,131
Bunge Ltd.		454		51,901
Campbell Soup Co.		604		25,187
Conagra Brands, Inc.		1,436		42,908
General Mills, Inc.		1,770		119,758
Hershey Co. (The)		443		95,183
Hormel Foods Corp.		873		33,689
J M Smucker Co. (The)		322		46,674
Kellogg Co.		775		47,291
Kraft Heinz Co. (The)		2,403		79,515
Lamb Weston Holdings, Inc.		440		42,861
McCormick & Co., Inc. (Non-Voting)		755		61,970
Mondelez International, Inc., Class A		3,947		281,263
Tyson Foods, Inc., Class A		860		45,812
				1,104,143
Household Products - 18.0%
Church & Dwight Co., Inc.		737		71,320
Clorox Co. (The)		372		58,199
Colgate-Palmolive Co.		2,501		183,748
Kimberly-Clark Corp.		1,016		130,891
Procter & Gamble Co. (The)		6,214		959,069
				1,403,227
Personal Care Products - 2.8%
Estee Lauder Cos., Inc. (The), Class A		699		112,211
Kenvue, Inc.		4,468		102,987
				215,198
Tobacco - 6.9%
Altria Group, Inc.		5,378		237,815
Philip Morris International, Inc.		3,111		298,843
				536,658
TOTAL COMMON STOCKS (Cost $6,740,621)				6,479,705

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 9.2%
REPURCHASE AGREEMENTS(a) - 9.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $715,092
(Cost $714,987)		714,987		714,987
Total Investments - 92.5% (Cost $7,455,608)				7,194,692
Other assets less liabilities - 7.5%				579,911
Net Assets - 100.0%				7,774,603

Ultra Consumer Staples
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Consumer Staples had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	4,909,344	3/6/2025	Bank of America NA		5.58	%	S&P Consumer Staples Select Sector Index		(190,130	)
	197,427	3/6/2025	Goldman Sachs International		5.93	%	S&P Consumer Staples Select Sector Index		(5,189	)
	2,312,086	3/6/2025	Societe Generale		6.08	%	S&P Consumer Staples Select Sector Index		(26,550	)
	1,671,546	3/6/2025	UBS AG		5.68	%	S&P Consumer Staples Select Sector Index		61,002
	9,090,403								(160,867	)
							Total Unrealized Appreciation		61,002
							Total Unrealized Depreciation		(221,869	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Dow30^SM
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 82.5%
Aerospace & Defense - 3.5%
Boeing Co. (The)*		55,253		12,378,330
Banks - 2.3%
JPMorgan Chase & Co.		55,249		8,084,586
Beverages - 0.9%
Coca-Cola Co. (The)		55,238		3,304,889
Biotechnology - 4.0%
Amgen, Inc.		55,249		14,162,529
Capital Markets - 5.1%
Goldman Sachs Group, Inc. (The)		55,249		18,105,650
Chemicals - 0.9%
Dow, Inc.		55,226		3,013,131
Communications Equipment - 0.9%
Cisco Systems, Inc.		55,234		3,167,670
Consumer Finance - 2.5%
American Express Co.		55,257		8,730,053
Consumer Staples Distribution & Retail - 2.9%
Walgreens Boots Alliance, Inc.		55,236		1,398,023
Walmart, Inc.		55,245		8,983,390
				10,381,413
Diversified Telecommunication Services - 0.6%
Verizon Communications, Inc.		55,240		1,932,295
Entertainment - 1.3%
Walt Disney Co. (The)*		55,236		4,622,148
Financial Services - 3.9%
Visa, Inc., Class A		55,245		13,572,592
Health Care Providers & Services - 7.5%
UnitedHealth Group, Inc.		55,249		26,330,568
Hotels, Restaurants & Leisure - 4.4%
McDonald's Corp.		55,249		15,533,256
Household Products - 2.4%
Procter & Gamble Co. (The)		55,236		8,525,124
Industrial Conglomerates - 4.6%
3M Co.		55,242		5,892,664
Honeywell International, Inc.		55,255		10,384,625
				16,277,289
Insurance - 2.5%
Travelers Cos., Inc. (The)		55,256		8,908,925
IT Services - 2.3%
International Business Machines Corp.		55,237		8,110,449
Machinery - 4.4%
Caterpillar, Inc.		55,258		15,534,681
Oil, Gas & Consumable Fuels - 2.5%
Chevron Corp.		55,237		8,898,681
Pharmaceuticals - 4.2%
Johnson & Johnson		55,241		8,931,365
Merck & Co., Inc.		55,235		6,019,510
				14,950,875
Semiconductors & Semiconductor Equipment - 0.6%
Intel Corp.		55,215		1,940,255
Software - 8.6%
Microsoft Corp.		55,249		18,108,412
Salesforce, Inc.*		55,247		12,235,001
				30,343,413
Specialty Retail - 5.2%
Home Depot, Inc. (The)		55,249		18,248,745
Technology Hardware, Storage & Peripherals - 2.9%
Apple, Inc.		55,252		10,380,193
Textiles, Apparel & Luxury Goods - 1.6%
NIKE, Inc., Class B		55,242		5,618,664
TOTAL COMMON STOCKS (Cost $312,174,738)				291,056,404

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 8.6%
REPURCHASE AGREEMENTS(a) - 8.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $30,136,862
(Cost $30,132,446)		30,132,446		30,132,446
Total Investments - 91.1% (Cost $342,307,184)				321,188,850
Other assets less liabilities - 8.9%				31,197,678
Net Assets - 100.0%				352,386,528

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Dow30^SM
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra Dow30^SM had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	68	9/15/2023	U.S. Dollar	$	11,828,940	$	225,023

Swap Agreements

Ultra Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	65,798,019	3/6/2025	Bank of America NA		5.98	%	Dow Jones Industrial AverageSM		324,558
	21,215,087	11/6/2023	Barclays Capital		5.93	%	Dow Jones Industrial AverageSM		(856,049	)
	101,839,362	2/11/2025	BNP Paribas SA		5.93	%	Dow Jones Industrial AverageSM		1,949,697
	75,138,213	3/6/2024	Citibank NA		5.99	%	Dow Jones Industrial AverageSM		1,668,562
	68,637,910	11/6/2023	Morgan Stanley & Co. International plc		5.88	%	SPDR® Dow Jones Industrial AverageSM ETF Trust		(6,735,315	)
	35,659,402	11/14/2024	Societe Generale		5.93	%	Dow Jones Industrial AverageSM		999,416
	33,680,253	4/8/2024	UBS AG		5.48	%	Dow Jones Industrial AverageSM		885,028
	401,968,246								(1,764,103	)
							Total Unrealized Appreciation		5,827,261
							Total Unrealized Depreciation		(7,591,364	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Energy
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 70.4%
Energy Equipment & Services - 7.4%
Baker Hughes Co., Class A		66,813		2,417,962
Halliburton Co.		59,543		2,299,551
Schlumberger NV		83,882		4,945,683
				9,663,196
Oil, Gas & Consumable Fuels - 63.0%
APA Corp.		20,366		892,845
Chevron Corp.		104,343		16,809,657
ConocoPhillips		35,988		4,283,652
Coterra Energy, Inc.		49,992		1,409,274
Devon Energy Corp.		42,351		2,163,713
Diamondback Energy, Inc.		11,952		1,814,075
EOG Resources, Inc.		32,161		4,136,548
EQT Corp.		23,868		1,031,575
Exxon Mobil Corp.		177,940		19,785,149
Hess Corp.		18,238		2,817,771
Kinder Morgan, Inc.		130,165		2,241,441
Marathon Oil Corp.		40,760		1,074,026
Marathon Petroleum Corp.		28,002		3,997,845
Occidental Petroleum Corp.		47,421		2,977,565
ONEOK, Inc.		29,530		1,925,356
Phillips 66		30,283		3,457,107
Pioneer Natural Resources Co.		15,426		3,670,308
Targa Resources Corp.		14,917		1,286,591
Valero Energy Corp.		23,859		3,099,284
Williams Cos., Inc. (The)		80,398		2,776,143
				81,649,925
TOTAL COMMON STOCKS (Cost $81,751,198)				91,313,121

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 2.0%
REPURCHASE AGREEMENTS(a) - 2.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,538,491
(Cost $2,538,122)		2,538,122		2,538,122
Total Investments - 72.4% (Cost $84,289,320)				93,851,243
Other assets less liabilities - 27.6%				35,728,311
Net Assets - 100.0%				129,579,554

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Energy
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Energy had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	70,298,279	3/6/2025	Bank of America NA		5.63	%	S&P Energy Select Sector Index		5,936,403
	44,963,353	3/6/2025	BNP Paribas SA		5.83	%	S&P Energy Select Sector Index		3,046,769
	3,011,454	4/7/2025	Citibank NA		5.73	%	S&P Energy Select Sector Index		81,192
	5,838,647	3/6/2025	Goldman Sachs International		5.93	%	S&P Energy Select Sector Index		448,159
	8,723,538	3/6/2025	Societe Generale		6.08	%	S&P Energy Select Sector Index		6,734,449
	35,202,185	3/6/2025	UBS AG		5.63	%	S&P Energy Select Sector Index		6,450,278
	168,037,456								22,697,250
							Total Unrealized Appreciation		22,697,250

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Financials
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 72.5%
Banks - 17.1%
Bank of America Corp.		574,729		16,477,480
Citigroup, Inc.		161,377		6,663,256
Citizens Financial Group, Inc.		40,120		1,128,576
Comerica, Inc.		10,915		525,121
Fifth Third Bancorp		56,428		1,498,163
Huntington Bancshares, Inc.		119,669		1,327,129
JPMorgan Chase & Co.		242,277		35,452,393
KeyCorp		77,564		878,800
M&T Bank Corp.		13,750		1,719,438
PNC Financial Services Group, Inc. (The)		33,084		3,994,231
Regions Financial Corp.		77,782		1,426,522
Truist Financial Corp.		110,410		3,373,026
US Bancorp		115,636		4,224,183
Wells Fargo & Co.		311,043		12,842,965
Zions Bancorp NA		12,275		435,763
				91,967,046
Capital Markets - 15.5%
Ameriprise Financial, Inc.		8,636		2,915,341
Bank of New York Mellon Corp. (The)		59,528		2,671,021
BlackRock, Inc.		12,415		8,697,204
Cboe Global Markets, Inc.		8,752		1,310,262
Charles Schwab Corp. (The)		123,179		7,286,038
CME Group, Inc.		29,819		6,043,715
FactSet Research Systems, Inc.		3,176		1,386,038
Franklin Resources, Inc.		23,666		632,829
Goldman Sachs Group, Inc. (The)		27,558		9,031,032
Intercontinental Exchange, Inc.		46,411		5,476,034
Invesco Ltd.		37,980		604,642
MarketAxess Holdings, Inc.		3,123		752,424
Moody's Corp.		13,082		4,406,017
Morgan Stanley		107,987		9,195,093
MSCI, Inc., Class A		6,637		3,608,006
Nasdaq, Inc.		28,071		1,473,166
Northern Trust Corp.		17,271		1,313,805
Raymond James Financial, Inc.		15,810		1,653,568
S&P Global, Inc.		27,190		10,627,483
State Street Corp.		27,709		1,904,717
T. Rowe Price Group, Inc.		18,616		2,089,274
				83,077,709
Consumer Finance - 2.6%
American Express Co.		49,289		7,787,169
Capital One Financial Corp.		31,665		3,242,179
Discover Financial Services		21,051		1,896,064
Synchrony Financial		35,527		1,146,812
				14,072,224
Financial Services - 25.2%
Berkshire Hathaway, Inc., Class B*		147,827		53,247,285
Fidelity National Information Services, Inc.		49,110		2,743,285
Fiserv, Inc.*		51,176		6,212,255
FleetCor Technologies, Inc.*		6,121		1,663,259
Global Payments, Inc.		21,715		2,751,073
Jack Henry & Associates, Inc.		6,041		947,108
Mastercard, Inc., Class A		69,364		28,622,361
PayPal Holdings, Inc.*		92,488		5,781,425
Visa, Inc., Class A		134,144		32,956,498
				134,924,549
Insurance - 12.1%
Aflac, Inc.		45,580		3,398,900
Allstate Corp. (The)		21,789		2,349,072
American International Group, Inc.		59,996		3,510,966
Aon plc, Class A		16,931		5,644,626
Arch Capital Group Ltd.*		30,872		2,372,822
Arthur J Gallagher & Co.		17,756		4,092,403
Assurant, Inc.		4,406		613,888
Brown & Brown, Inc.		19,516		1,446,136
Chubb Ltd.		34,333		6,896,470
Cincinnati Financial Corp.		13,032		1,378,655
Everest Group Ltd.		3,554		1,281,857
Globe Life, Inc.		7,367		821,936
Hartford Financial Services Group, Inc. (The)		25,717		1,846,995
Lincoln National Corp.		12,791		328,217
Loews Corp.		15,680		973,571
Marsh & McLennan Cos., Inc.		41,010		7,996,540
MetLife, Inc.		53,326		3,377,669
Principal Financial Group, Inc.		18,716		1,454,420
Progressive Corp. (The)		48,524		6,476,498
Prudential Financial, Inc.		30,260		2,864,714
Travelers Cos., Inc. (The)		19,147		3,087,071
W R Berkley Corp.		16,645		1,029,660
Willis Towers Watson plc		8,821		1,823,830
				65,066,916
TOTAL COMMON STOCKS (Cost $394,807,289)				389,108,444

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 6.3%
REPURCHASE AGREEMENTS(b) - 1.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $9,191,517
(Cost $9,190,170)		9,190,170		9,190,170
U.S. TREASURY OBLIGATIONS - 4.6%
U.S. Treasury Bills
5.38%, 12/12/2023 (Cost $24,624,442)(c)		25,000,000		24,624,672
TOTAL SHORT-TERM INVESTMENTS (Cost $33,814,612)				33,814,842
Total Investments - 78.8% (Cost $428,621,901)				422,923,286
Other assets less liabilities - 21.2%				113,744,353
Net Assets - 100.0%				536,667,639

Ultra Financials
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,924.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(c)	The rate shown was the current yield as of August 31, 2023.

Swap Agreements

Ultra Financials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	246,281,921	3/6/2025	Bank of America NA		6.08	%	S&P Financial Select Sector Indexc		22,865,147
	196,965,300	3/6/2025	BNP Paribas SA		5.93	%	S&P Financial Select Sector Indexc		9,724,071
	8,006,310	4/7/2025	Citibank NA		5.88	%	S&P Financial Select Sector Indexc		375,697
	115,788,835	3/6/2025	Goldman Sachs International		5.93	%	S&P Financial Select Sector Indexc		5,423,477
	30,177,111	3/6/2025	Societe Generale		6.28	%	S&P Financial Select Sector Indexc		8,228,143
	87,102,835	3/6/2025	UBS AG		5.98	%	S&P Financial Select Sector Indexc		8,485,856
	684,322,312								55,102,391
							Total Unrealized Appreciation		55,102,391

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra FTSE China 50
Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 61.4%
REPURCHASE AGREEMENTS(a) - 61.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $8,219,702
(Cost $8,218,497)		8,218,497		8,218,497
Total Investments - 61.4% (Cost $8,218,497)				8,218,497
Other assets less liabilities - 38.6%				5,172,243
Net Assets - 100.0%				13,390,740

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
2,528,889	4/10/2025	Bank of America NA		5.53	%	iShares® China Large-Cap ETF	601,544
4,252,252	11/14/2024	Citibank NA		4.58	%	iShares® China Large-Cap ETF	(355,695	)
8,303,069	3/6/2025	Goldman Sachs International		5.63	%	iShares® China Large-Cap ETF	(1,020,365	)
64,337	11/14/2024	Morgan Stanley & Co. International plc		5.78	%	iShares® China Large-Cap ETF	(5,358	)
2,988,963	11/14/2024	Societe Generale		5.18	%	iShares® China Large-Cap ETF	(359,486	)
8,708,939	3/6/2025	UBS AG		4.33	%	iShares® China Large-Cap ETF	(749,282	)
26,846,449							(1,888,642	)
						Total Unrealized Appreciation	601,544
						Total Unrealized Depreciation	(2,490,186	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra FTSE Europe

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 53.1%
REPURCHASE AGREEMENTS(a) - 53.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,403,641
(Cost $2,403,291)		2,403,291		2,403,291
Total Investments - 53.1% (Cost $2,403,291)				2,403,291
Other assets less liabilities - 46.9%				2,122,810
Net Assets - 100.0%				4,526,101

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
526,635	4/10/2025	Bank of America NA		5.63	%	Vanguard® FTSE Europe ETF Shares	77,009
3,093,663	11/14/2024	Citibank NA		5.53	%	Vanguard® FTSE Europe ETF Shares	(44,643	)
2,386,976	3/6/2025	Goldman Sachs International		3.38	%	Vanguard® FTSE Europe ETF Shares	(42,022	)
22,878	11/9/2023	Morgan Stanley & Co. International plc		5.78	%	Vanguard® FTSE Europe ETF Shares	(3,000	)
1,804,848	11/9/2023	Societe Generale		5.58	%	Vanguard® FTSE Europe ETF Shares	352,902
1,225,263	3/6/2025	UBS AG		3.33	%	Vanguard® FTSE Europe ETF Shares	35,137
9,060,263							375,383
						Total Unrealized Appreciation	465,048
						Total Unrealized Depreciation	(89,665	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Health Care

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 75.1%
Biotechnology - 11.5%
AbbVie, Inc.		22,894		3,364,502
Amgen, Inc.		6,934		1,777,462
Biogen, Inc.*		1,878		502,102
Gilead Sciences, Inc.		16,186		1,237,905
Incyte Corp.*		2,403		155,066
Moderna, Inc.*		4,254		481,000
Regeneron Pharmaceuticals, Inc.*		1,400		1,157,086
Vertex Pharmaceuticals, Inc.*		3,342		1,164,152
				9,839,275
Health Care Equipment & Supplies - 15.0%
Abbott Laboratories		22,565		2,321,939
Align Technology, Inc.*		923		341,639
Baxter International, Inc.		6,564		266,498
Becton Dickinson & Co.		3,685		1,029,773
Boston Scientific Corp.*		18,656		1,006,305
Cooper Cos., Inc. (The)		642		237,534
DENTSPLY SIRONA, Inc.		2,757		102,257
Dexcom, Inc.*		5,030		507,929
Edwards Lifesciences Corp.*		7,866		601,513
GE HealthCare Technologies, Inc.		5,074		357,463
Hologic, Inc.*		3,194		238,720
IDEXX Laboratories, Inc.*		1,077		550,789
Insulet Corp.*(a)		904		173,306
Intuitive Surgical, Inc.*		4,547		1,421,756
Medtronic plc		17,264		1,407,016
ResMed, Inc.		1,907		304,338
STERIS plc		1,288		295,712
Stryker Corp.		4,384		1,243,083
Teleflex, Inc.		610		129,771
Zimmer Biomet Holdings, Inc.		2,706		322,339
				12,859,680
Health Care Providers & Services - 15.8%
Cardinal Health, Inc.		3,304		288,538
Cencora, Inc.		2,102		369,910
Centene Corp.*		7,121		439,010
Cigna Group (The)		3,839		1,060,562
CVS Health Corp.		16,636		1,084,168
DaVita, Inc.*		718		73,538
Elevance Health, Inc.		3,076		1,359,623
HCA Healthcare, Inc.		2,677		742,332
Henry Schein, Inc.*		1,700		130,118
Humana, Inc.		1,621		748,302
Laboratory Corp. of America Holdings		1,150		239,315
McKesson Corp.		1,760		725,683
Molina Healthcare, Inc.*		757		234,761
Quest Diagnostics, Inc.		1,453		191,069
UnitedHealth Group, Inc.		12,081		5,757,563
Universal Health Services, Inc., Class B		817		110,050
				13,554,542
Life Sciences Tools & Services - 9.3%
Agilent Technologies, Inc.		3,837		464,546
Bio-Rad Laboratories, Inc., Class A*		277		110,855
Bio-Techne Corp.		2,043		160,171
Charles River Laboratories International, Inc.*		664		137,328
Danaher Corp.		8,618		2,283,770
Illumina, Inc.*		2,052		339,031
IQVIA Holdings, Inc.*		2,408		536,093
Mettler-Toledo International, Inc.*		286		347,055
Revvity, Inc.		1,628		190,525
Thermo Fisher Scientific, Inc.		5,005		2,788,286
Waters Corp.*		766		215,093
West Pharmaceutical Services, Inc.		963		391,845
				7,964,598
Pharmaceuticals - 23.5%
Bristol-Myers Squibb Co.		27,261		1,680,641
Catalent, Inc.*		2,337		116,780
Eli Lilly & Co.		10,224		5,666,141
Johnson & Johnson		31,247		5,052,015
Merck & Co., Inc.		32,926		3,588,275
Organon & Co.		3,310		72,688
Pfizer, Inc.		73,255		2,591,762
Viatris, Inc.		15,559		167,259
Zoetis, Inc., Class A		5,996		1,142,298
				20,077,859
TOTAL COMMON STOCKS (Cost $65,275,039)				64,295,954

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 14.4%
REPURCHASE AGREEMENTS(b) - 14.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $12,351,181
(Cost $12,349,370)		12,349,370		12,349,370
Total Investments - 89.5% (Cost $77,624,409)				76,645,324
Other assets less liabilities - 10.5%				9,001,356
Net Assets - 100.0%				85,646,680

Ultra Health Care

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $128,446, collateralized in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 15, 2023 – May 15, 2053. The total value of collateral is $137,846.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
11,633,671	3/6/2025	Bank of America NA		5.78	%	S&P Health Care Select Sector Indexc	1,045,819
9,846,975	3/6/2025	BNP Paribas SA		5.88	%	S&P Health Care Select Sector Indexc	(144,473	)
1,029,029	4/7/2025	Citibank NA		5.73	%	S&P Health Care Select Sector Indexc	9,249
3,502,192	3/6/2025	Goldman Sachs International		5.93	%	S&P Health Care Select Sector Indexc	9,960
16,199,820	3/6/2025	Societe Generale		6.18	%	S&P Health Care Select Sector Indexc	1,287,904
65,077,357	3/6/2025	UBS AG		5.68	%	S&P Health Care Select Sector Indexc	1,552,333
107,289,044							3,760,792
						Total Unrealized Appreciation	3,905,265
						Total Unrealized Depreciation	(144,473	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra High Yield

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 80.0%
REPURCHASE AGREEMENTS(a) - 80.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $19,774,483
(Cost $19,771,584)		19,771,584		19,771,584
Total Investments - 80.0% (Cost $19,771,584)				19,771,584
Other assets less liabilities - 20.0%				4,939,863
Net Assets - 100.0%				24,711,447

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
2,050,307	3/7/2024	BNP Paribas SA		3.83	%	iShares® iBoxx $ High Yield Corporate Bond ETF	(880,531	)
10,588,637	3/6/2025	Citibank NA		5.08	%	iShares® iBoxx $ High Yield Corporate Bond ETF	130,346
34,764,017	11/7/2024	Goldman Sachs International		3.08	%	iShares® iBoxx $ High Yield Corporate Bond ETF	432,490
2,108,933	3/6/2024	UBS AG		3.83	%	iShares® iBoxx $ High Yield Corporate Bond ETF	120,445
49,511,894							(197,250	)
						Total Unrealized Appreciation	683,281
						Total Unrealized Depreciation	(880,531	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 74.9%
Aerospace & Defense - 14.3%
Axon Enterprise, Inc.*		362		77,074
Boeing Co. (The)*		2,916		653,272
General Dynamics Corp.		1,160		262,902
Howmet Aerospace, Inc.		1,896		93,795
Huntington Ingalls Industries, Inc.		206		45,386
L3Harris Technologies, Inc.		977		173,994
Lockheed Martin Corp.		1,162		520,983
Northrop Grumman Corp.		736		318,754
RTX Corp.		7,533		648,139
Textron, Inc.		1,040		80,818
TransDigm Group, Inc.*		269		243,136
				3,118,253
Air Freight & Logistics - 5.0%
CH Robinson Worldwide, Inc.		600		54,258
Expeditors International of Washington, Inc.		788		91,968
FedEx Corp.		1,192		311,136
United Parcel Service, Inc., Class B		3,737		633,071
				1,090,433
Building Products - 3.9%
A O Smith Corp.		642		46,545
Allegion plc		453		51,556
Carrier Global Corp.		4,304		247,265
Johnson Controls International plc		3,537		208,895
Masco Corp.		1,161		68,510
Trane Technologies plc		1,176		241,386
				864,157
Commercial Services & Supplies - 4.2%
Cintas Corp.		446		224,860
Copart, Inc.*		4,423		198,283
Republic Services, Inc.		1,060		152,778
Rollins, Inc.		1,194		47,246
Waste Management, Inc.		1,909		299,293
				922,460
Construction & Engineering - 0.7%
Quanta Services, Inc.		748		156,983
Electrical Equipment - 5.4%
AMETEK, Inc.		1,188		189,498
Eaton Corp. plc		2,055		473,410
Emerson Electric Co.		2,947		289,543
Generac Holdings, Inc.*		321		38,138
Rockwell Automation, Inc.		592		184,751
				1,175,340
Ground Transportation - 7.0%
CSX Corp.		10,482		316,556
JB Hunt Transport Services, Inc.		428		80,413
Norfolk Southern Corp.		1,174		240,682
Old Dominion Freight Line, Inc.		464		198,300
Union Pacific Corp.		3,143		693,251
				1,529,202
Industrial Conglomerates - 7.3%
3M Co.		2,844		303,370
General Electric Co.		5,614		642,578
Honeywell International, Inc.		3,431		644,822
				1,590,770
Machinery - 16.1%
Caterpillar, Inc.		2,657		746,962
Cummins, Inc.		730		167,929
Deere & Co.		1,390		571,207
Dover Corp.		721		106,924
Fortive Corp.		1,823		143,744
IDEX Corp.		390		88,296
Illinois Tool Works, Inc.		1,426		352,721
Ingersoll Rand, Inc.		2,086		145,207
Nordson Corp.		278		67,871
Otis Worldwide Corp.		2,131		182,307
PACCAR, Inc.		2,694		221,689
Parker-Hannifin Corp.		661		275,571
Pentair plc		850		59,721
Snap-on, Inc.		273		73,328
Stanley Black & Decker, Inc.		790		74,560
Westinghouse Air Brake Technologies Corp.		927		104,306
Xylem, Inc.		1,234		127,768
				3,510,111
Passenger Airlines - 1.8%
Alaska Air Group, Inc.*		659		27,658
American Airlines Group, Inc.*		3,366		49,581
Delta Air Lines, Inc.		3,314		142,104
Southwest Airlines Co.		3,068		96,949
United Airlines Holdings, Inc.*		1,691		84,229
				400,521
Professional Services - 6.9%
Automatic Data Processing, Inc.		2,130		542,319
Broadridge Financial Solutions, Inc.		608		113,216
Ceridian HCM Holding, Inc.*		799		57,944
Equifax, Inc.		632		130,634
Jacobs Solutions, Inc.		654		88,172
Leidos Holdings, Inc.		707		68,940
Paychex, Inc.		1,654		202,168
Paycom Software, Inc.		251		74,005
Robert Half, Inc.		556		41,122
Verisk Analytics, Inc., Class A		747		180,938
				1,499,458
Trading Companies & Distributors - 2.3%
Fastenal Co.		2,944		169,516
United Rentals, Inc.		354		168,695
WW Grainger, Inc.		230		164,252
				502,463
TOTAL COMMON STOCKS (Cost $15,857,124)				16,360,151

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 3.8%
REPURCHASE AGREEMENTS(a) - 3.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $839,433
(Cost $839,310)		839,310		839,310
Total Investments - 78.7% (Cost $16,696,434)				17,199,461
Other assets less liabilities - 21.3%				4,642,432
Net Assets - 100.0%				21,841,893

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
9,983,291	3/6/2025	Bank of America NA		5.63	%	S&P Industrials Select Sector Index	880,060
6,747,996	3/6/2025	BNP Paribas SA		5.88	%	S&P Industrials Select Sector Index	251,976
1,935,303	3/6/2025	Goldman Sachs International		5.93	%	S&P Industrials Select Sector Index	85,483
5,279,385	3/6/2025	Societe Generale		6.08	%	S&P Industrials Select Sector Index	260,918
3,485,503	3/6/2025	UBS AG		5.68	%	S&P Industrials Select Sector Index	495,240
27,431,478							1,973,677
						Total Unrealized Appreciation	1,973,677

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Materials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 66.4%
Chemicals - 45.5%
Air Products and Chemicals, Inc.		7,365		2,176,284
Albemarle Corp.		3,890		772,982
Celanese Corp.		3,318		419,262
CF Industries Holdings, Inc.		6,465		498,258
Corteva, Inc.		23,574		1,190,723
Dow, Inc.		23,455		1,279,705
DuPont de Nemours, Inc.		15,220		1,170,266
Eastman Chemical Co.		3,952		335,959
Ecolab, Inc.		8,214		1,509,815
FMC Corp.		4,145		357,423
International Flavors & Fragrances, Inc.		8,459		595,937
Linde plc		16,234		6,283,207
LyondellBasell Industries NV, Class A		8,413		830,952
Mosaic Co. (The)		11,013		427,855
PPG Industries, Inc.		7,806		1,106,579
Sherwin-Williams Co. (The)		7,782		2,114,525
				21,069,732
Construction Materials - 4.1%
Martin Marietta Materials, Inc.		2,053		916,480
Vulcan Materials Co.		4,411		962,701
				1,879,181
Containers & Packaging - 6.1%
Amcor plc		48,793		475,244
Avery Dennison Corp.		2,678		504,482
Ball Corp.		10,429		567,859
International Paper Co.		11,509		401,894
Packaging Corp. of America		2,983		444,765
Sealed Air Corp.		4,789		177,480
Westrock Co.		8,493		277,806
				2,849,530
Metals & Mining - 10.7%
Freeport-McMoRan, Inc.		47,528		1,896,843
Newmont Corp.		26,352		1,038,796
Nucor Corp.		8,330		1,433,593
Steel Dynamics, Inc.		5,326		567,698
				4,936,930
TOTAL COMMON STOCKS (Cost $30,760,337)				30,735,373

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 10.8%
REPURCHASE AGREEMENTS(a) - 10.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $5,012,041 (Cost $5,011,306)		5,011,306		5,011,306
Total Investments - 77.2% (Cost $35,771,643)				35,746,679
Other assets less liabilities - 22.8%				10,547,190
Net Assets - 100.0%				46,293,869

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Materials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Materials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
19,799,809	3/6/2025	Bank of America NA		5.68	%	S&P Materials Select Sector Index	1,327,586
8,503,179	3/6/2025	BNP Paribas SA		5.88	%	S&P Materials Select Sector Index	(105,359	)
2,036,306	3/6/2025	Goldman Sachs International		5.93	%	S&P Materials Select Sector Index	81,446
10,500,883	3/6/2025	Societe Generale		6.08	%	S&P Materials Select Sector Index	994,194
20,996,501	3/6/2025	UBS AG		5.68	%	S&P Materials Select Sector Index	1,410,154
61,836,678							3,708,021
						Total Unrealized Appreciation	3,813,380
						Total Unrealized Depreciation	(105,359	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 80.6%
Aerospace & Defense - 1.0%
BWX Technologies, Inc.		4,413		325,503
Curtiss-Wright Corp.		1,851		384,989
Hexcel Corp.		4,072		298,478
Woodward, Inc.		2,897		374,785
				1,383,755
Air Freight & Logistics - 0.3%
GXO Logistics, Inc.*		5,741		367,252
Automobile Components - 1.4%
Adient plc*		4,570		179,007
Autoliv, Inc.		3,730		364,048
Fox Factory Holding Corp.*		2,042		226,274
Gentex Corp.		11,279		368,372
Goodyear Tire & Rubber Co. (The)*		13,679		176,596
Lear Corp.		2,849		410,513
Visteon Corp.*		1,368		190,521
				1,915,331
Automobiles - 0.4%
Harley-Davidson, Inc.		6,314		213,098
Thor Industries, Inc.		2,583		270,750
				483,848
Banks - 4.4%
Associated Banc-Corp.		7,282		126,197
Bank OZK		5,202		208,964
Cadence Bank		8,817		201,733
Cathay General Bancorp		3,501		124,741
Columbia Banking System, Inc.		10,061		206,049
Commerce Bancshares, Inc.		5,478		268,915
Cullen/Frost Bankers, Inc.		3,108		293,799
East West Bancorp, Inc.		6,827		377,806
First Financial Bankshares, Inc.(a)		6,269		180,046
First Horizon Corp.		25,956		325,748
FNB Corp.		17,426		202,664
Glacier Bancorp, Inc.		5,351		161,654
Hancock Whitney Corp.		4,154		171,353
Home BancShares, Inc.		9,103		201,905
International Bancshares Corp.		2,548		114,099
New York Community Bancorp, Inc.		34,852		427,983
Old National Bancorp		14,121		215,486
Pinnacle Financial Partners, Inc.		3,704		246,538
Prosperity Bancshares, Inc.		4,550		258,486
SouthState Corp.		3,664		264,907
Synovus Financial Corp.		7,052		218,330
Texas Capital Bancshares, Inc.*		2,311		144,299
UMB Financial Corp.		2,107		133,183
United Bankshares, Inc.		6,495		195,370
Valley National Bancorp		20,345		186,767
Webster Financial Corp.		8,434		357,686
Wintrust Financial Corp.		2,953		229,182
				6,043,890
Beverages - 0.5%
Boston Beer Co., Inc. (The), Class A*		453		165,540
Celsius Holdings, Inc.*		1,964		385,022
Coca-Cola Consolidated, Inc.		222		155,156
				705,718
Biotechnology - 1.3%
Arrowhead Pharmaceuticals, Inc.*		5,159		142,595
Exelixis, Inc.*		15,716		351,881
Halozyme Therapeutics, Inc.*		6,356		270,511
Neurocrine Biosciences, Inc.*		4,709		512,763
United Therapeutics Corp.*		2,261		507,278
				1,785,028
Broadline Retail - 0.4%
Kohl's Corp.		5,345		142,391
Macy's, Inc.		13,144		160,751
Nordstrom, Inc.		5,453		88,448
Ollie's Bargain Outlet Holdings, Inc.*		2,778		214,128
				605,718
Building Products - 3.3%
Advanced Drainage Systems, Inc.		3,019		386,915
Builders FirstSource, Inc.*		6,186		897,217
Carlisle Cos., Inc.		2,460		647,029
Fortune Brands Innovations, Inc.		6,115		422,057
Lennox International, Inc.		1,560		587,824
Owens Corning		4,349		625,865
Simpson Manufacturing Co., Inc.		2,060		329,106
Trex Co., Inc.*		5,251		374,764
UFP Industries, Inc.		2,997		312,737
				4,583,514
Capital Markets - 1.6%
Affiliated Managers Group, Inc.		1,742		233,445
Evercore, Inc., Class A		1,703		238,505
Federated Hermes, Inc., Class B		4,104		142,655
Interactive Brokers Group, Inc., Class A		4,971		452,759
Janus Henderson Group plc		6,397		175,726
Jefferies Financial Group, Inc.		9,012		321,638
SEI Investments Co.		4,890		303,473
Stifel Financial Corp.		5,122		333,033
				2,201,234
Chemicals - 1.9%
Ashland, Inc.		2,345		203,147
Avient Corp.		4,132		165,735
Axalta Coating Systems Ltd.*		10,691		302,555
Cabot Corp.		2,710		196,367
Chemours Co. (The)		7,198		244,876
NewMarket Corp.		320		150,285
Olin Corp.		5,803		336,690
RPM International, Inc.		6,222		620,582
Scotts Miracle-Gro Co. (The)		1,976		111,960
Sensient Technologies Corp.		2,039		125,623
Westlake Corp.		1,663		217,820
				2,675,640
Commercial Services & Supplies - 1.1%
Brink's Co. (The)		2,240		169,814
Clean Harbors, Inc.*		2,429		411,327
MSA Safety, Inc.		1,781		325,353
Stericycle, Inc.*		4,462		197,265
Tetra Tech, Inc.		2,569		404,232
				1,507,991
Communications Equipment - 0.5%
Calix, Inc.*		2,781		129,344
Ciena Corp.*		7,199		359,806
Lumentum Holdings, Inc.*		3,315		179,441
				668,591
Construction & Engineering - 1.5%
AECOM		6,708		588,627

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
EMCOR Group, Inc.		2,295		514,654
Fluor Corp.*		6,913		241,886
MasTec, Inc.*		2,880		286,531
MDU Resources Group, Inc.		9,828		200,098
Valmont Industries, Inc.		1,017		257,809
				2,089,605
Construction Materials - 0.3%
Eagle Materials, Inc.		1,740		329,417
Knife River Corp.*		2,457		126,437
				455,854
Consumer Finance - 0.2%
FirstCash Holdings, Inc.		1,777		158,722
SLM Corp.		11,697		166,565
				325,287
Consumer Staples Distribution & Retail - 1.5%
BJ's Wholesale Club Holdings, Inc.*		6,486		437,091
Casey's General Stores, Inc.		1,799		439,694
Grocery Outlet Holding Corp.*		4,316		133,149
Performance Food Group Co.*		7,536		468,212
Sprouts Farmers Market, Inc.*		4,974		202,889
US Foods Holding Corp.*		10,938		442,223
				2,123,258
Containers & Packaging - 1.6%
AptarGroup, Inc.		3,162		419,155
Berry Global Group, Inc.		5,753		375,901
Crown Holdings, Inc.		5,796		537,057
Graphic Packaging Holding Co.		14,823		329,663
Greif, Inc., Class A		1,252		90,883
Silgan Holdings, Inc.		4,044		182,506
Sonoco Products Co.		4,728		271,624
				2,206,789
Diversified Consumer Services - 0.7%
Graham Holdings Co., Class B		183		107,298
Grand Canyon Education, Inc.*		1,482		173,764
H&R Block, Inc.		7,350		293,853
Service Corp. International		7,296		460,451
				1,035,366
Diversified Telecommunication Services - 0.3%
Frontier Communications Parent, Inc.*		10,775		172,616
Iridium Communications, Inc.		6,077		297,469
				470,085
Electric Utilities - 0.9%
ALLETE, Inc.		2,767		151,908
Hawaiian Electric Industries, Inc.		5,288		74,138
IDACORP, Inc.		2,442		234,041
OGE Energy Corp.		9,666		329,127
PNM Resources, Inc.		4,143		183,577
Portland General Electric Co.		4,665		204,607
				1,177,398
Electrical Equipment - 1.8%
Acuity Brands, Inc.		1,534		247,404
EnerSys		1,972		207,021
Hubbell, Inc., Class B		2,586		843,165
nVent Electric plc		7,995		452,037
Regal Rexnord Corp.		3,199		518,846
Sunrun, Inc.*		10,406		162,646
Vicor Corp.*		1,081		73,259
				2,504,378
Electronic Equipment, Instruments & Components - 2.9%
Arrow Electronics, Inc.*		2,727		363,864
Avnet, Inc.		4,411		223,858
Belden, Inc.		2,054		192,871
Cognex Corp.		8,330		392,176
Coherent Corp.*		6,727		253,137
Crane NXT Co.		2,327		138,131
IPG Photonics Corp.*		1,507		163,299
Jabil, Inc.		6,403		732,631
Littelfuse, Inc.		1,198		319,962
National Instruments Corp.		6,347		378,281
Novanta, Inc.*		1,729		288,708
TD SYNNEX Corp.		2,004		203,907
Vishay Intertechnology, Inc.		6,157		168,948
Vontier Corp.		7,511		235,920
				4,055,693
Energy Equipment & Services - 0.7%
ChampionX Corp.		9,562		345,092
NOV, Inc.		19,002		401,512
Valaris Ltd.*		2,902		218,579
				965,183
Entertainment - 0.1%
World Wrestling Entertainment, Inc., Class A		2,095		202,272
Financial Services - 1.2%
Essent Group Ltd.		5,177		259,989
Euronet Worldwide, Inc.*		2,275		198,744
MGIC Investment Corp.		13,833		243,184
Voya Financial, Inc.		4,743		330,493
Western Union Co. (The)		18,072		223,189
WEX, Inc.*		2,067		405,504
				1,661,103
Food Products - 1.1%
Darling Ingredients, Inc.*		7,701		475,614
Flowers Foods, Inc.		9,303		219,179
Ingredion, Inc.		3,187		327,974
Lancaster Colony Corp.		956		157,921
Pilgrim's Pride Corp.*		2,171		54,622
Post Holdings, Inc.*		2,584		231,811
				1,467,121
Gas Utilities - 0.9%
National Fuel Gas Co.		4,431		238,122
New Jersey Resources Corp.		4,680		197,356
ONE Gas, Inc.		2,673		193,712
Southwest Gas Holdings, Inc.		3,167		196,132
Spire, Inc.		2,538		148,245
UGI Corp.		10,103		254,393
				1,227,960
Ground Transportation - 1.8%
Avis Budget Group, Inc.*		1,151		245,612
Hertz Global Holdings, Inc.*		7,607		128,939
Knight-Swift Transportation Holdings, Inc.		7,772		426,061
Landstar System, Inc.		1,734		329,130
Ryder System, Inc.		2,244		225,971
Saia, Inc.*		1,280		545,536
Werner Enterprises, Inc.		2,845		118,380
XPO, Inc.*		5,592		417,331
				2,436,960
Health Care Equipment & Supplies - 2.5%
Enovis Corp.*		2,314		129,678
Envista Holdings Corp.*		7,900		252,958
Globus Medical, Inc., Class A*		5,754		311,291
Haemonetics Corp.*		2,435		218,493
ICU Medical, Inc.*		976		141,549

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Inari Medical, Inc.*		2,483		165,418
Integra LifeSciences Holdings Corp.*		3,439		146,295
Lantheus Holdings, Inc.*		3,298		225,715
LivaNova plc*		2,595		144,152
Masimo Corp.*		2,344		267,872
Neogen Corp.*		10,436		241,280
Omnicell, Inc.*		2,176		123,727
Penumbra, Inc.*		1,846		488,267
QuidelOrtho Corp.*		2,604		214,466
Shockwave Medical, Inc.*		1,768		389,650
				3,460,811
Health Care Providers & Services - 1.8%
Acadia Healthcare Co., Inc.*		4,441		342,401
Amedisys, Inc.*		1,572		147,375
Chemed Corp.		725		370,794
Encompass Health Corp.		4,838		343,692
HealthEquity, Inc.*		4,125		278,644
Option Care Health, Inc.*		7,981		277,978
Patterson Cos., Inc.		4,200		126,168
Progyny, Inc.*		3,695		137,971
R1 RCM, Inc.*		6,660		114,818
Tenet Healthcare Corp.*		4,920		381,595
				2,521,436
Health Care REITs - 0.9%
Healthcare Realty Trust, Inc., Class A, REIT		18,379		322,000
Medical Properties Trust, Inc., REIT		28,875		208,478
Omega Healthcare Investors, Inc., REIT		11,315		360,043
Physicians Realty Trust, REIT		11,506		160,048
Sabra Health Care REIT, Inc., REIT		11,158		139,810
				1,190,379
Health Care Technology - 0.1%
Doximity, Inc., Class A*		5,729		136,579
Hotel & Resort REITs - 0.1%
Park Hotels & Resorts, Inc., REIT		10,407		133,522
Hotels, Restaurants & Leisure - 2.7%
Aramark		12,577		467,613
Boyd Gaming Corp.		3,706		247,820
Choice Hotels International, Inc.		1,279		162,305
Churchill Downs, Inc.		3,180		398,390
Hilton Grand Vacations, Inc.*		3,710		162,201
Light & Wonder, Inc.*		4,397		337,118
Marriott Vacations Worldwide Corp.		1,776		193,034
Papa John's International, Inc.		1,435		108,630
Penn Entertainment, Inc.*		7,438		176,206
Planet Fitness, Inc., Class A*		4,101		249,341
Texas Roadhouse, Inc.		3,234		336,659
Travel + Leisure Co.		3,683		148,057
Wendy's Co. (The)		8,137		161,031
Wingstop, Inc.		1,446		232,286
Wyndham Hotels & Resorts, Inc.		4,144		312,416
				3,693,107
Household Durables - 1.5%
Helen of Troy Ltd.*		1,160		142,587
KB Home		3,874		196,799
Leggett & Platt, Inc.		6,424		181,157
Taylor Morrison Home Corp., Class A*		5,269		249,751
Tempur Sealy International, Inc.		8,305		388,010
Toll Brothers, Inc.		4,970		407,192
TopBuild Corp.*		1,532		444,402
				2,009,898
Household Products - 0.1%
Energizer Holdings, Inc.		3,208		110,195
Independent Power and Renewable Electricity Producers - 0.1%
Ormat Technologies, Inc.		2,536		192,584
Industrial REITs - 1.1%
EastGroup Properties, Inc., REIT		2,144		385,127
First Industrial Realty Trust, Inc., REIT		6,383		331,533
Rexford Industrial Realty, Inc., REIT		9,698		518,552
STAG Industrial, Inc., REIT		8,657		316,240
				1,551,452
Insurance - 3.4%
American Financial Group, Inc.		3,371		390,766
Brighthouse Financial, Inc.*		3,227		160,253
CNO Financial Group, Inc.		5,528		129,355
Erie Indemnity Co., Class A		1,204		335,591
First American Financial Corp.		4,981		307,228
Hanover Insurance Group, Inc. (The)		1,725		184,092
Kemper Corp.		3,088		145,043
Kinsale Capital Group, Inc.		1,051		418,960
Old Republic International Corp.		13,141		359,406
Primerica, Inc.		1,748		351,278
Reinsurance Group of America, Inc.		3,212		445,248
RenaissanceRe Holdings Ltd.		2,424		455,445
RLI Corp.		1,957		257,385
Selective Insurance Group, Inc.		2,920		289,693
Unum Group		8,940		439,759
				4,669,502
Interactive Media & Services - 0.3%
TripAdvisor, Inc.*		5,117		77,318
Ziff Davis, Inc.*		2,282		152,095
ZoomInfo Technologies, Inc., Class A*		13,010		234,440
				463,853
IT Services - 0.1%
Kyndryl Holdings, Inc.*		9,882		166,808
Leisure Products - 0.9%
Brunswick Corp.		3,413		270,037
Mattel, Inc.*		17,083		378,559
Polaris, Inc.		2,582		289,416
Topgolf Callaway Brands Corp.*		6,718		117,162
YETI Holdings, Inc.*		4,182		208,891
				1,264,065
Life Sciences Tools & Services - 1.1%
Azenta, Inc.*		3,146		177,529
Bruker Corp.		4,815		315,864
Medpace Holdings, Inc.*		1,192		322,162
Repligen Corp.*		2,499		434,601
Sotera Health Co.*		4,772		77,020
Syneos Health, Inc.*		5,003		213,778
				1,540,954

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Machinery - 3.8%
AGCO Corp.		2,999		388,460
Chart Industries, Inc.*		2,025		365,674
Crane Co.		2,327		212,036
Donaldson Co., Inc.		5,854		373,895
Esab Corp.		2,500		180,425
Flowserve Corp.		6,329		250,438
Graco, Inc.		8,124		641,309
ITT, Inc.		3,977		406,768
Lincoln Electric Holdings, Inc.		2,778		534,654
Middleby Corp. (The)*		2,583		376,059
Oshkosh Corp.		3,152		327,272
Terex Corp.		3,272		198,316
Timken Co. (The)		3,180		243,016
Toro Co. (The)		5,033		514,977
Watts Water Technologies, Inc., Class A		1,323		249,743
				5,263,042
Marine Transportation - 0.2%
Kirby Corp.*		2,896		239,876
Media - 0.7%
Cable One, Inc.		228		148,330
New York Times Co. (The), Class A		7,908		350,087
Nexstar Media Group, Inc., Class A		1,730		281,644
TEGNA, Inc.		10,860		179,516
				959,577
Metals & Mining - 1.9%
Alcoa Corp.		8,610		258,989
Cleveland-Cliffs, Inc.*		24,859		380,094
Commercial Metals Co.		5,652		318,151
MP Materials Corp.*		4,458		93,350
Reliance Steel & Aluminum Co.		2,838		808,716
Royal Gold, Inc.		3,170		355,325
United States Steel Corp.		10,930		339,814
Worthington Industries, Inc.		1,465		110,271
				2,664,710
Mortgage Real Estate Investment Trusts (REITs) - 0.6%
Annaly Capital Management, Inc.		23,836		483,156
Starwood Property Trust, Inc.		15,063		307,737
				790,893
Multi-Utilities - 0.2%
Black Hills Corp.		3,217		176,935
NorthWestern Corp.		2,886		145,454
				322,389
Office REITs - 0.6%
Corporate Office Properties Trust, REIT		5,430		140,528
Cousins Properties, Inc., REIT		7,321		172,043
Highwoods Properties, Inc., REIT		5,090		121,295
Kilroy Realty Corp., REIT		5,087		187,965
Vornado Realty Trust, REIT		7,779		186,852
				808,683
Oil, Gas & Consumable Fuels - 3.3%
Antero Midstream Corp.		16,204		196,392
Antero Resources Corp.*		13,326		368,730
Chesapeake Energy Corp.		5,157		454,899
Chord Energy Corp.		2,005		323,808
CNX Resources Corp.*		7,991		178,599
DT Midstream, Inc.		4,676		244,508
Equitrans Midstream Corp.		20,906		200,698
HF Sinclair Corp.		6,219		342,605
Matador Resources Co.		5,465		347,027
Murphy Oil Corp.		7,082		321,523
Ovintiv, Inc.		11,802		554,222
PBF Energy, Inc., Class A		5,293		248,189
Range Resources Corp.		11,645		377,065
Southwestern Energy Co.*		53,150		360,357
				4,518,622
Paper & Forest Products - 0.2%
Louisiana-Pacific Corp.		3,477		217,243
Passenger Airlines - 0.1%
JetBlue Airways Corp.*		15,825		93,684
Personal Care Products - 0.3%
BellRing Brands, Inc.*		6,409		265,973
Coty, Inc., Class A*		17,698		204,589
				470,562
Pharmaceuticals - 0.5%
Jazz Pharmaceuticals plc*		3,089		442,839
Perrigo Co. plc		6,531		228,585
				671,424
Professional Services - 2.5%
ASGN, Inc.*		2,379		195,459
CACI International, Inc., Class A*		1,100		360,811
Concentrix Corp.		2,061		164,530
ExlService Holdings, Inc.*		8,020		234,425
Exponent, Inc.		2,453		220,426
FTI Consulting, Inc.*		1,640		304,745
Genpact Ltd.		8,177		305,247
Insperity, Inc.		1,733		175,605
KBR, Inc.		6,550		402,956
ManpowerGroup, Inc.		2,436		192,127
Maximus, Inc.		2,934		237,126
Paylocity Holding Corp.*		1,993		399,596
Science Applications International Corp.		2,605		306,504
				3,499,557
Real Estate Management & Development - 0.3%
Jones Lang LaSalle, Inc.*		2,306		398,477
Residential REITs - 0.7%
Apartment Income REIT Corp., Class A, REIT		7,201		245,266
Equity LifeStyle Properties, Inc., REIT		8,459		566,421
Independence Realty Trust, Inc., REIT		10,826		182,202
				993,889
Retail REITs - 1.0%
Agree Realty Corp., REIT		4,498		278,066
Brixmor Property Group, Inc., REIT		14,505		318,820
Kite Realty Group Trust, REIT		10,585		238,904
NNN REIT, Inc., REIT		8,788		346,159
Spirit Realty Capital, Inc., REIT		6,819		263,282
				1,445,231
Semiconductors & Semiconductor Equipment - 2.1%
Allegro MicroSystems, Inc.*		3,146		120,334
Amkor Technology, Inc.		4,860		135,886
Cirrus Logic, Inc.*		2,667		218,801
Lattice Semiconductor Corp.*		6,644		646,195
MACOM Technology Solutions Holdings, Inc.*		2,497		211,146

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
MKS Instruments, Inc.		2,772		277,838
Power Integrations, Inc.		2,768		232,567
Silicon Laboratories, Inc.*		1,544		208,224
Synaptics, Inc.*		1,907		166,939
Universal Display Corp.		2,102		341,701
Wolfspeed, Inc.*		6,008		287,303
				2,846,934
Software - 2.4%
ACI Worldwide, Inc.*		5,228		126,936
Aspen Technology, Inc.*		1,409		273,346
Blackbaud, Inc.*		2,184		166,224
CommVault Systems, Inc.*		2,122		144,954
Dolby Laboratories, Inc., Class A		2,865		242,007
Dropbox, Inc., Class A*		13,126		364,771
Dynatrace, Inc.*		10,467		504,509
Envestnet, Inc.*		2,626		143,458
Manhattan Associates, Inc.*		2,993		606,442
NCR Corp.*		6,776		208,430
Qualys, Inc.*		1,620		252,153
Teradata Corp.*		4,877		225,659
				3,258,889
Specialized REITs - 1.1%
CubeSmart, REIT		10,844		452,303
EPR Properties, REIT		3,633		162,686
Lamar Advertising Co., Class A, REIT		4,223		385,222
National Storage Affiliates Trust, REIT		3,964		133,190
PotlatchDeltic Corp., REIT		3,856		182,235
Rayonier, Inc., REIT		7,153		213,875
				1,529,511
Specialty Retail - 2.4%
AutoNation, Inc.*		1,519		238,620
Dick's Sporting Goods, Inc.		2,968		345,297
Five Below, Inc.*		2,687		462,056
Foot Locker, Inc.		3,833		75,203
GameStop Corp., Class A*(a)		12,206		226,421
Gap, Inc. (The)		10,296		119,228
Lithia Motors, Inc.		1,328		409,050
Murphy USA, Inc.		967		307,158
Penske Automotive Group, Inc.		1,162		190,917
RH*		861		314,429
Valvoline, Inc.		6,713		231,196
Williams-Sonoma, Inc.		3,169		447,463
				3,367,038
Technology Hardware, Storage & Peripherals - 0.5%
Super Micro Computer, Inc.*		2,204		606,276
Xerox Holdings Corp.		5,454		86,664
				692,940
Textiles, Apparel & Luxury Goods - 1.6%
Capri Holdings Ltd.*		6,070		318,614
Carter's, Inc.		1,819		130,186
Columbia Sportswear Co.		1,707		125,191
Crocs, Inc.*		2,993		291,339
Deckers Outdoor Corp.*		1,272		673,003
PVH Corp.		3,030		253,308
Skechers USA, Inc., Class A*		6,481		326,059
Under Armour, Inc., Class A*		9,107		69,577
Under Armour, Inc., Class C*		9,149		63,037
				2,250,314
Trading Companies & Distributors - 1.0%
GATX Corp.		1,704		201,311
MSC Industrial Direct Co., Inc., Class A		2,281		232,799
Watsco, Inc.		1,613		588,019
WESCO International, Inc.		2,178		352,509
				1,374,638
Water Utilities - 0.3%
Essential Utilities, Inc.		11,611		428,446
TOTAL COMMON STOCKS (Cost $101,373,714)				111,543,536
SECURITIES LENDING REINVESTMENTS(b) - 0.1%
INVESTMENT COMPANIES - 0.1%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $205,969)		205,969		205,969

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 5.6%
REPURCHASE AGREEMENTS(c) - 5.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $7,746,869 (Cost $7,745,733)		7,745,733		7,745,733
Total Investments - 86.3% (Cost $109,325,416)				119,495,238
Other assets less liabilities - 13.7%				19,033,929
Net Assets - 100.0%				138,529,167

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $248,776, collateralized in the form of cash with a value of $205,969 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $45,828 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 15, 2023 – May 15, 2053. The total value of collateral is $251,797.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $205,969.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra MidCap400 had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index		35	9/15/2023	U.S. Dollar	$	9,270,450	$	95,065

Swap Agreements

Ultra MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
13,714,117	2/11/2025	Bank of America NA		5.98	%	S&P MidCap 400®	852,869
27,930,872	2/11/2025	BNP Paribas SA		5.78	%	S&P MidCap 400®	1,452,919
15,970,702	3/6/2025	Citibank NA		5.73	%	S&P MidCap 400®	573,804
28,302,070	11/7/2024	Goldman Sachs International		5.60	%	SPDR® S&P MidCap 400® ETF Trust	(373,052	)
32,925,520	11/7/2024	Goldman Sachs International		5.83	%	S&P MidCap 400®	(99,333	)
7,857,046	3/6/2024	Morgan Stanley & Co. International plc		5.88	%	S&P MidCap 400®	479,414
17,727,294	11/14/2024	Societe Generale		5.85	%	S&P MidCap 400®	(168,949	)
11,774,987	11/7/2024	UBS AG		5.68	%	S&P MidCap 400®	13,239
156,202,608							2,730,911
						Total Unrealized Appreciation	3,372,245
						Total Unrealized Depreciation	(641,334	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Brazil Capped

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 81.2%
REPURCHASE AGREEMENTS(a) - 81.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,433,574 (Cost $3,433,071)		3,433,071		3,433,071
Total Investments - 81.2% (Cost $3,433,071)				3,433,071
Other assets less liabilities - 18.8%				795,074
Net Assets - 100.0%				4,228,145

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2023:  

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
669,690	4/10/2025	Bank of America NA		5.63	%	iShares® MSCI Brazil Capped ETF	(5,721	)
2,512,213	11/14/2024	Citibank NA		5.63	%	iShares® MSCI Brazil Capped ETF	(214,816	)
1,388,031	11/14/2024	Goldman Sachs International		4.33	%	iShares® MSCI Brazil Capped ETF	(138,335	)
101,638	11/14/2024	Morgan Stanley & Co. International plc		5.78	%	iShares® MSCI Brazil Capped ETF	11,727
1,224,793	11/14/2024	Societe Generale		5.53	%	iShares® MSCI Brazil Capped ETF	(88,746	)
2,585,105	11/14/2024	UBS AG		5.33	%	iShares® MSCI Brazil Capped ETF	(216,117	)
8,481,470							(652,008	)
						Total Unrealized Appreciation	11,727
						Total Unrealized Depreciation	(663,735	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI EAFE

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 57.9%
REPURCHASE AGREEMENTS(a) - 57.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $5,372,608 (Cost $5,371,820)		5,371,820		5,371,820
Total Investments - 57.9% (Cost $5,371,820)				5,371,820
Other assets less liabilities - 42.1%				3,901,121
Net Assets - 100.0%				9,272,941

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
5,624,215	4/10/2025	Bank of America NA		5.63	%	iShares® MSCI EAFE ETF	803,924
4,286,917	11/14/2024	Citibank NA		5.73	%	iShares® MSCI EAFE ETF	(66,551	)
1,840,442	3/6/2025	Goldman Sachs International		5.93	%	iShares® MSCI EAFE ETF	34,212
2,793	11/9/2023	Morgan Stanley & Co. International plc		5.78	%	iShares® MSCI EAFE ETF	(352	)
1,357,291	11/14/2024	Societe Generale		6.03	%	iShares® MSCI EAFE ETF	94,401
5,444,525	3/6/2025	UBS AG		5.53	%	iShares® MSCI EAFE ETF	93,316
18,556,183							958,950
						Total Unrealized Appreciation	1,025,853
						Total Unrealized Depreciation	(66,903	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 72.8%
REPURCHASE AGREEMENTS(a) - 72.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $11,530,224 (Cost $11,528,533)		11,528,533		11,528,533
Total Investments - 72.8% (Cost $11,528,533)				11,528,533
Other assets less liabilities - 27.2%				4,301,529
Net Assets - 100.0%				15,830,062

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
7,904,977	3/6/2025	Bank of America NA		5.58	%	iShares® MSCI Emerging Markets ETF	(258,489	)
2,312,456	11/14/2024	Citibank NA		5.48	%	iShares® MSCI Emerging Markets ETF	(132,093	)
9,544,009	3/6/2025	Goldman Sachs International		5.63	%	iShares® MSCI Emerging Markets ETF	(242,955	)
98,062	11/14/2024	Morgan Stanley & Co. International plc		5.78	%	iShares® MSCI Emerging Markets ETF	(2,086	)
7,543,750	11/14/2024	Societe Generale		5.28	%	iShares® MSCI Emerging Markets ETF	47,382
4,325,723	11/14/2024	UBS AG		5.13	%	iShares® MSCI Emerging Markets ETF	(314,916	)
31,728,977							(903,157	)
						Total Unrealized Appreciation	47,382
						Total Unrealized Depreciation	(950,539	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Japan

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
EXCHANGE TRADED FUNDS - 34.7%
iShares MSCI Japan ETF (Cost $2,509,826)		46,250		2,850,850

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 39.2%
REPURCHASE AGREEMENTS(a) - 39.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,213,582
(Cost $3,213,111)		3,213,111		3,213,111
Total Investments - 73.9% (Cost $5,722,937)				6,063,961
Other assets less liabilities - 26.1%				2,139,334
Net Assets - 100.0%				8,203,295

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
1,684,364	12/14/2023	Bank of America NA		5.68	%	iShares® MSCI Japan ETF	(134,676	)
3,120,359	4/10/2025	Citibank NA		5.83	%	iShares® MSCI Japan ETF	224,456
866,375	3/6/2025	Goldman Sachs International		5.83	%	iShares® MSCI Japan ETF	21,248
181,728	11/9/2023	Morgan Stanley & Co. International plc		5.78	%	iShares® MSCI Japan ETF	(25,621	)
3,380,976	11/14/2024	Societe Generale		5.68	%	iShares® MSCI Japan ETF	(59,310	)
4,327,751	11/9/2023	UBS AG		5.33	%	iShares® MSCI Japan ETF	365,111
13,561,553							391,208
						Total Unrealized Appreciation	610,815
						Total Unrealized Depreciation	(219,607	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 74.5%
Biotechnology - 60.9%
2seventy bio, Inc.*		3,186		16,535
4D Molecular Therapeutics, Inc.*		2,657		43,256
89bio, Inc.*		4,624		79,255
Abcam plc, ADR*		14,292		323,285
Absci Corp.*		5,871		10,509
ACADIA Pharmaceuticals, Inc.*		10,321		278,873
Acumen Pharmaceuticals, Inc.*		3,668		22,081
Adaptimmune Therapeutics plc, ADR*		9,285		7,244
Adicet Bio, Inc.*		2,727		5,454
ADMA Biologics, Inc.*		14,107		54,312
Affimed NV*(a)		9,478		5,156
Agios Pharmaceuticals, Inc.*		3,526		96,718
Akero Therapeutics, Inc.*		3,512		174,301
Alaunos Therapeutics, Inc.*		15,271		2,153
Alector, Inc.*		5,289		28,825
Alkermes plc*		10,542		307,721
Allakos, Inc.*		5,492		15,817
Allogene Therapeutics, Inc.*		10,635		41,370
Allovir, Inc.*		7,203		22,545
Alnylam Pharmaceuticals, Inc.*		7,902		1,563,174
Alpine Immune Sciences, Inc.*		3,044		37,593
Altimmune, Inc.*		3,128		7,914
ALX Oncology Holdings, Inc.*		2,594		11,050
Amarin Corp. plc, ADR*		24,396		25,616
Amgen, Inc.		24,523		6,286,226
Amicus Therapeutics, Inc.*		18,060		231,529
AnaptysBio, Inc.*		1,681		33,082
Anavex Life Sciences Corp.*(a)		5,129		40,519
Annexon, Inc.*		3,367		9,259
Apellis Pharmaceuticals, Inc.*		7,390		311,932
Arbutus Biopharma Corp.*		10,543		21,402
Arcellx, Inc.*		3,046		109,169
Arcturus Therapeutics Holdings, Inc.*		1,686		51,170
Arcutis Biotherapeutics, Inc.*		3,897		33,280
Ardelyx, Inc.*		13,609		57,974
Argenx SE, ADR*		1,895		952,219
Arrowhead Pharmaceuticals, Inc.*		6,784		187,510
ARS Pharmaceuticals, Inc.*		6,014		42,639
Ascendis Pharma A/S, ADR*		3,622		355,028
Atara Biotherapeutics, Inc.*		6,218		9,078
Aurinia Pharmaceuticals, Inc.*		9,077		82,328
Avidity Biosciences, Inc.*		4,496		33,990
Beam Therapeutics, Inc.*		4,838		112,145
BeiGene Ltd., ADR*		2,623		544,404
Bicycle Therapeutics plc, ADR*		1,641		35,675
BioAtla, Inc.*		3,024		7,590
BioCryst Pharmaceuticals, Inc.*		11,991		85,256
Biogen, Inc.*		9,127		2,440,195
BioMarin Pharmaceutical, Inc.*		11,911		1,088,427
Biomea Fusion, Inc.*(a)		2,246		37,890
BioNTech SE, ADR*		5,936		717,840
Bluebird Bio, Inc.*		6,754		25,463
Blueprint Medicines Corp.*		3,836		191,263
Bridgebio Pharma, Inc.*		10,186		304,663
C4 Therapeutics, Inc.*		3,112		9,025
Caribou Biosciences, Inc.*		5,115		30,127
Centessa Pharmaceuticals plc, ADR*		3,347		25,236
Century Therapeutics, Inc.*		3,780		9,374
Cogent Biosciences, Inc.*		5,412		66,081
Coherus Biosciences, Inc.*		5,970		31,820
Compass Pathways plc, ADR*(a)		1,516		13,720
Crinetics Pharmaceuticals, Inc.*		3,428		59,373
CRISPR Therapeutics AG*		5,011		250,600
Cullinan Oncology, Inc.*		2,497		25,844
CureVac NV*(a)		14,206		126,860
Cytokinetics, Inc.*		6,069		212,051
Day One Biopharmaceuticals, Inc.*		5,516		74,411
Deciphera Pharmaceuticals, Inc.*		4,983		69,961
Denali Therapeutics, Inc.*		8,687		200,583
Design Therapeutics, Inc.*		3,551		8,806
Dyne Therapeutics, Inc.*		3,701		42,191
Eagle Pharmaceuticals, Inc.*		831		14,085
Editas Medicine, Inc.*		5,169		46,056
Eiger BioPharmaceuticals, Inc.*(a)		2,810		2,428
Enanta Pharmaceuticals, Inc.*		1,336		19,840
EQRx, Inc.*		30,929		70,827
Erasca, Inc.*		9,567		24,779
Evelo Biosciences, Inc.*		1,194		7,892
Exelixis, Inc.*		20,666		462,712
Exscientia plc, ADR*(a)		2,790		16,796
Fate Therapeutics, Inc.*		6,245		15,675
FibroGen, Inc.*		6,194		5,946
Foghorn Therapeutics, Inc.*		2,653		20,083
G1 Therapeutics, Inc.*		3,278		5,474
Galapagos NV, ADR*		1,116		42,285
Generation Bio Co.*		4,169		19,928
Genmab A/S, ADR*		2,795		107,021
Geron Corp.*		32,287		78,457
Gilead Sciences, Inc.		70,327		5,378,609
Gossamer Bio, Inc.*(a)		6,057		6,299
Gracell Biotechnologies, Inc., ADR*		4,322		14,176
Graphite Bio, Inc.*		3,686		8,183
Grifols SA, ADR*		7,332		69,434
Gritstone bio, Inc.*		5,642		10,268
Halozyme Therapeutics, Inc.*		8,356		355,631
HilleVax, Inc.*		2,488		33,190
Horizon Therapeutics plc*		14,509		1,635,745
Humacyte, Inc.*(a)		6,557		25,113
Ideaya Biosciences, Inc.*		3,635		106,724
IGM Biosciences, Inc.*(a)		2,074		14,829
I-Mab, ADR*(a)		4,372		8,307
Immuneering Corp., Class A*(a)		1,856		16,723
ImmunityBio, Inc.*(a)		27,669		44,547
Immunocore Holdings plc, ADR*(a)		1,987		111,809
ImmunoGen, Inc.*		16,244		257,305
Immunovant, Inc.*		8,276		187,948
Incyte Corp.*		14,159		913,680
Inhibrx, Inc.*		2,768		59,235
Inovio Pharmaceuticals, Inc.*(a)		16,675		7,502
Insmed, Inc.*		8,659		189,546
Instil Bio, Inc.*		8,254		3,723
Intellia Therapeutics, Inc.*		5,594		209,663
Intercept Pharmaceuticals, Inc.*		2,646		28,656
Invivyd, Inc.*		6,947		12,921
Ionis Pharmaceuticals, Inc.*		9,080		365,652
Iovance Biotherapeutics, Inc.*		15,715		94,919
Ironwood Pharmaceuticals, Inc., Class A*		9,859		86,759
iTeos Therapeutics, Inc.*		2,270		27,388
Karuna Therapeutics, Inc.*		2,376		446,118
Karyopharm Therapeutics, Inc.*		7,235		9,261

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Keros Therapeutics, Inc.*	1,876	65,866
Kezar Life Sciences, Inc.*	4,596	6,848
Kiniksa Pharmaceuticals Ltd., Class A*	2,219	38,233
Kinnate Biopharma, Inc.*	2,956	6,592
Kodiak Sciences, Inc.*	3,321	7,306
Krystal Biotech, Inc.*	1,638	203,898
Kura Oncology, Inc.*	4,345	43,146
Kymera Therapeutics, Inc.*	3,511	66,990
Legend Biotech Corp., ADR*	4,113	285,278
Lexicon Pharmaceuticals, Inc.*	15,526	26,705
Lyell Immunopharma, Inc.*	15,841	37,860
MacroGenics, Inc.*	3,926	18,295
Madrigal Pharmaceuticals, Inc.*	1,160	208,800
MannKind Corp.*	16,774	77,328
MeiraGTx Holdings plc*	3,776	23,751
Mersana Therapeutics, Inc.*	7,259	8,058
Merus NV*	3,659	81,852
Mirati Therapeutics, Inc.*	4,330	161,076
Mirum Pharmaceuticals, Inc.*	2,414	63,802
Moderna, Inc.*	24,161	2,731,884
Monte Rosa Therapeutics, Inc.*(a)	3,135	18,402
Morphic Holding, Inc.*	2,906	160,063
Myriad Genetics, Inc.*	5,175	92,374
Neurocrine Biosciences, Inc.*	6,193	674,356
Nkarta, Inc.*	3,106	5,342
Novavax, Inc.*(a)	5,477	43,816
Nurix Therapeutics, Inc.*	3,010	25,585
Nuvalent, Inc., Class A*	3,261	148,604
Omega Therapeutics, Inc.*(a)	3,492	12,816
PepGen, Inc.*	1,510	9,513
PMV Pharmaceuticals, Inc.*	2,906	20,981
Poseida Therapeutics, Inc., Class A*(a)	5,507	11,510
Precigen, Inc.*(a)	16,214	28,375
Prelude Therapeutics, Inc.*	3,328	12,413
Protagonist Therapeutics, Inc.*	3,632	71,986
Prothena Corp. plc*	3,349	176,894
PTC Therapeutics, Inc.*	4,708	185,966
RAPT Therapeutics, Inc.*	2,180	41,638
Recursion Pharmaceuticals, Inc., Class A*	12,941	112,587
Regeneron Pharmaceuticals, Inc.*	6,838	5,651,539
REGENXBIO, Inc.*	2,757	48,799
Relay Therapeutics, Inc.*	7,718	78,878
Repare Therapeutics, Inc.*	2,672	26,079
Replimune Group, Inc.*	3,668	74,901
REVOLUTION Medicines, Inc.*	6,747	229,196
Rhythm Pharmaceuticals, Inc.*(a)	3,609	93,870
Rocket Pharmaceuticals, Inc.*	5,107	79,925
Roivant Sciences Ltd.*	48,132	556,887
Sage Therapeutics, Inc.*	3,792	75,840
Sana Biotechnology, Inc.*	12,153	65,019
Sangamo Therapeutics, Inc.*	10,904	10,569
Sarepta Therapeutics, Inc.*	5,911	715,290
Scholar Rock Holding Corp.*(a)	3,446	21,538
Seagen, Inc.*	11,900	2,452,233
Selecta Biosciences, Inc.*(a)	9,737	11,977
Seres Therapeutics, Inc.*	8,117	28,004
SpringWorks Therapeutics, Inc.*	3,969	111,846
Stoke Therapeutics, Inc.*	2,803	15,753
Summit Therapeutics, Inc.*	44,277	71,729
Sutro Biopharma, Inc.*	3,833	18,207
Syndax Pharmaceuticals, Inc.*	4,367	80,833
Tango Therapeutics, Inc.*	5,610	36,409
Travere Therapeutics, Inc.*	4,735	67,616
Twist Bioscience Corp.*	3,625	79,714
Ultragenyx Pharmaceutical, Inc.*	4,495	165,371
uniQure NV*	3,019	26,296
United Therapeutics Corp.*	2,973	667,022
UroGen Pharma Ltd.*	1,922	33,597
Vanda Pharmaceuticals, Inc.*	3,645	18,918
Vaxcyte, Inc.*	5,946	308,716
Veracyte, Inc.*	4,597	121,361
Vertex Pharmaceuticals, Inc.*	16,324	5,686,302
Verve Therapeutics, Inc.*	3,931	50,592
Vir Biotechnology, Inc.*	8,503	107,648
Xencor, Inc.*	3,831	84,205
Xenon Pharmaceuticals, Inc.*	4,034	157,245
Zai Lab Ltd., ADR*	3,937	100,275
Zentalis Pharmaceuticals, Inc.*	4,472	118,776
		54,941,876
Health Care Equipment & Supplies - 0.2%
Cue Health, Inc.*	9,622	5,196
Novocure Ltd.*	6,740	148,684
		153,880
Health Care Providers & Services - 0.4%
23andMe Holding Co., Class A*(a)	18,599	20,459
Castle Biosciences, Inc.*	1,694	33,762
Guardant Health, Inc.*	7,430	290,364
PetIQ, Inc., Class A*	1,849	35,279
		379,864
Life Sciences Tools & Services - 3.3%
AbCellera Biologics, Inc.*(a)	18,324	99,866
Adaptive Biotechnologies Corp.*	9,158	61,999
Codexis, Inc.*	4,239	7,376
Illumina, Inc.*	10,033	1,657,652
Maravai LifeSciences Holdings, Inc., Class A*	8,370	86,546
MaxCyte, Inc.*	6,539	23,933
Medpace Holdings, Inc.*	1,935	522,972
NanoString Technologies, Inc.*	3,004	7,690
Nautilus Biotechnology, Inc., Class A*	7,925	25,598
Pacific Biosciences of California, Inc.*	15,860	178,901
Quantum-Si, Inc.*	7,715	18,053
Syneos Health, Inc.*	6,579	281,121
		2,971,707
Pharmaceuticals - 9.7%
Aclaris Therapeutics, Inc.*	4,486	33,555
Amphastar Pharmaceuticals, Inc.*	3,062	163,235
Amylyx Pharmaceuticals, Inc.*	4,262	91,889
ANI Pharmaceuticals, Inc.*	1,280	82,419
Arvinas, Inc.*	3,389	95,604
AstraZeneca plc, ADR	37,022	2,510,832
ATAI Life Sciences NV*(a)	10,536	16,120
Atea Pharmaceuticals, Inc.*	5,292	17,781
Avadel Pharmaceuticals plc, ADR*	4,087	55,215
Axsome Therapeutics, Inc.*(a)	2,764	223,331
Cara Therapeutics, Inc.*	3,425	8,802
Collegium Pharmaceutical, Inc.*	2,195	51,407
Cymabay Therapeutics, Inc.*	6,189	85,099
Edgewise Therapeutics, Inc.*	4,017	25,106
Esperion Therapeutics, Inc.*(a)	6,788	10,861
Evolus, Inc.*	3,614	35,743
Fulcrum Therapeutics, Inc.*(a)	3,920	21,678
Harmony Biosciences Holdings, Inc.*	3,805	137,931
Harrow Health, Inc.*(a)	2,122	32,191

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
HUTCHMED China Ltd., ADR*(a)	1,996	29,980
Innoviva, Inc.*	4,156	52,989
Intra-Cellular Therapies, Inc.*	6,089	338,061
Jazz Pharmaceuticals plc*	4,062	582,328
Ligand Pharmaceuticals, Inc.*	1,097	72,150
Marinus Pharmaceuticals, Inc.*	3,208	22,809
Nektar Therapeutics*	12,008	7,145
NGM Biopharmaceuticals, Inc.*	5,226	9,877
Ocular Therapeutix, Inc.*	4,919	18,594
Omeros Corp.*(a)	3,986	13,792
Optinose, Inc.*	7,104	8,454
Pacira BioSciences, Inc.*	2,918	103,005
Phathom Pharmaceuticals, Inc.*	3,470	49,933
Phibro Animal Health Corp., Class A	1,291	18,009
Pliant Therapeutics, Inc.*	3,755	63,384
Reata Pharmaceuticals, Inc., Class A*	2,097	354,393
Revance Therapeutics, Inc.*	5,333	94,021
Royalty Pharma plc, Class A	28,444	848,200
Sanofi, ADR	18,965	1,008,559
SIGA Technologies, Inc.	4,522	20,756
Supernus Pharmaceuticals, Inc.*	3,458	110,103
Tarsus Pharmaceuticals, Inc.*	2,063	36,123
Terns Pharmaceuticals, Inc.*	3,598	18,961
Theravance Biopharma, Inc.*	3,669	34,929
Ventyx Biosciences, Inc.*	3,717	124,520
Verona Pharma plc, ADR*	4,232	82,228
Viatris, Inc.	76,093	818,000
WaVe Life Sciences Ltd.*	6,244	27,161
Xeris Biopharma Holdings, Inc.*(a)	8,715	19,783
		8,687,046
TOTAL COMMON STOCKS (Cost $84,301,118)		67,134,373

Investments	Number of Rights	Value ($)
RIGHTS - 0.0%(b)
Biotechnology - 0.0%(b)
Achillion Pharmaceuticals, Inc., CVR*(c)(d) (Cost $11,641)	25,307	11,641
SECURITIES LENDING REINVESTMENTS(e) - 0.6%
INVESTMENT COMPANIES - 0.6%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $563,338)	563,338	563,338

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 10.6%
REPURCHASE AGREEMENTS(f) - 10.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $9,586,341
(Cost $9,584,936)	9,584,936	9,584,936
Total Investments - 85.7% (Cost $94,461,033)		77,294,288
Other assets less liabilities - 14.3%		12,928,382
Net Assets - 100.0%		90,222,670

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $891,000, collateralized in the form of cash with a value of $563,338 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $381,379 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 6.13%, and maturity dates ranging from September 7, 2023 – November 15, 2052. The total value of collateral is $944,717.
(b)	Represents less than 0.05% of net assets.
(c)	Security fair valued as of August 31, 2023 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2023 amounted to $11,641, which represents approximately 0.01% of net assets of the Fund.
(d)	Illiquid security.
(e)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $563,338.
(f)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
ADR	American Depositary Receipt
CVR	Contingent Value Rights - No defined expiration

Ultra Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
27,169,430	3/6/2025	Bank of America NA		5.48	%	NASDAQ Biotechnology Index®	(1,720,599	)
14,784,153	11/6/2023	BNP Paribas SA		5.63	%	NASDAQ Biotechnology Index®	1,158,879
15,245,001	3/6/2025	Citibank NA		5.48	%	NASDAQ Biotechnology Index®	(887,559	)
2,666,332	11/7/2024	Goldman Sachs International		5.93	%	NASDAQ Biotechnology Index®	(56,644	)
2,810,347	3/6/2024	Morgan Stanley & Co. International plc		5.78	%	NASDAQ Biotechnology Index®	(115,788	)
8,920,691	11/14/2024	Societe Generale		5.88	%	NASDAQ Biotechnology Index®	459,137
41,933,010	11/7/2024	UBS AG		5.33	%	NASDAQ Biotechnology Index®	(495,612	)
113,528,964							(1,658,186	)
						Total Unrealized Appreciation	1,618,016
						Total Unrealized Depreciation	(3,276,202	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Cloud Computing

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 74.4%
Broadline Retail - 3.0%
Amazon.com, Inc.*		591		81,564
Communications Equipment - 5.1%
Arista Networks, Inc.*		428		83,558
Cisco Systems, Inc.		956		54,827
				138,385
Diversified Telecommunication Services - 0.8%
Lumen Technologies, Inc.*		14,403		22,901
Financial Services - 0.5%
Toast, Inc., Class A*		566		12,548
Health Care Technology - 0.5%
Veeva Systems, Inc., Class A*		72		15,026
Interactive Media & Services - 3.3%
Alphabet, Inc., Class A*		580		78,979
Eventbrite, Inc., Class A*		1,115		11,295
				90,274
IT Services - 16.5%
Akamai Technologies, Inc.*		515		54,121
Cloudflare, Inc., Class A*		686		44,610
DigitalOcean Holdings, Inc.*(a)		892		24,129
Fastly, Inc., Class A*		1,761		41,894
International Business Machines Corp.		554		81,344
MongoDB, Inc., Class A*		202		77,023
Shopify, Inc., Class A*		623		41,423
Snowflake, Inc., Class A*		72		11,293
Squarespace, Inc., Class A*		404		12,181
Twilio, Inc., Class A*		511		32,556
Wix.com Ltd.*		311		30,717
				451,291
Media - 0.5%
Trade Desk, Inc. (The), Class A*		169		13,525
Professional Services - 1.0%
Paycom Software, Inc.		42		12,383
Paylocity Holding Corp.*		69		13,835
				26,218
Software - 36.8%
Adobe, Inc.*		85		47,544
Appfolio, Inc., Class A*		83		16,000
Appian Corp., Class A*		554		26,980
AppLovin Corp., Class A*		1,424		61,545
Asana, Inc., Class A*		497		10,681
Atlassian Corp., Class A*		197		40,200
Blackbaud, Inc.*		162		12,330
BlackLine, Inc.*		228		13,694
Box, Inc., Class A*		421		11,148
Confluent, Inc., Class A*		1,122		37,127
Crowdstrike Holdings, Inc., Class A*		74		12,064
Datadog, Inc., Class A*		125		12,060
DocuSign, Inc.*		210		10,563
Domo, Inc., Class B*		476		5,074
Dropbox, Inc., Class A*		516		14,340
Elastic NV*		163		10,086
Everbridge, Inc.*		494		12,256
HashiCorp, Inc., Class A*		1,037		30,239
HubSpot, Inc.*		69		37,710
Intuit, Inc.		28		15,171
Microsoft Corp.		217		71,124
Nutanix, Inc., Class A*		2,404		74,764
Open Text Corp.		285		11,474
Oracle Corp.		672		80,902
Palo Alto Networks, Inc.*		56		13,625
Q2 Holdings, Inc.*		408		14,039
Qualys, Inc.*		94		14,631
RingCentral, Inc., Class A*		956		29,569
Salesforce, Inc.*		159		35,212
SAP SE, ADR(a)		182		25,424
ServiceNow, Inc.*		65		38,274
Smartsheet, Inc., Class A*		239		9,974
Splunk, Inc.*		359		43,532
Sprout Social, Inc., Class A*		274		14,670
Workday, Inc., Class A*		56		13,692
Workiva, Inc., Class A*		368		41,161
Zoom Video Communications, Inc., Class A*		177		12,572
Zscaler, Inc.*		88		13,732
Zuora, Inc., Class A*		1,100		10,021
				1,005,204
Technology Hardware, Storage & Peripherals - 6.4%
Hewlett Packard Enterprise Co.		2,469		41,948
NetApp, Inc.		537		41,188
Pure Storage, Inc., Class A*		2,473		90,487
				173,623
TOTAL COMMON STOCKS (Cost $1,858,068)				2,030,559
SECURITIES LENDING REINVESTMENTS(b) - 0.9%
INVESTMENT COMPANIES - 0.9%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $24,312)		24,312		24,312
Investments		Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 7.9%
REPURCHASE AGREEMENTS(c) - 7.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $216,998
(Cost $216,965)		216,965		216,965
Total Investments - 83.2% (Cost $2,099,345)				2,271,836
Other assets less liabilities - 16.8%				458,610
Net Assets - 100.0%				2,730,446

* Non-income producing security.

Ultra Nasdaq Cloud Computing

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $23,618, collateralized in the form of cash with a value of $24,312 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $24,312.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Nasdaq Cloud Computing had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
1,154,862	3/6/2024	Bank of America NA		5.43	%	ISE Cloud Computing Index	336,602
2,043,491	11/6/2023	BNP Paribas SA		5.78	%	ISE Cloud Computing Index	(277,106	)
125,548	11/7/2024	Goldman Sachs International		5.93	%	ISE Cloud Computing Index	6,300
104,178	3/6/2024	UBS AG		5.88	%	ISE Cloud Computing Index	12,096
3,428,079							77,892
						Total Unrealized Appreciation	354,998
						Total Unrealized Depreciation	(277,106	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Cybersecurity

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 43.7%
REPURCHASE AGREEMENTS(a) - 43.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $961,865
(Cost $961,723)		961,723		961,723
Total Investments - 43.7% (Cost $961,723)				961,723
Other assets less liabilities - 56.3%				1,238,066
Net Assets - 100.0%				2,199,789

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Nasdaq Cybersecurity had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
2,420,528	3/6/2024	Bank of America NA		5.58	%	First Trust Nasdaq Cybersecurity ETF	212,367
1,089,080	11/6/2023	BNP Paribas SA		5.83	%	First Trust Nasdaq Cybersecurity ETF	(501,187	)
628,477	11/7/2024	Goldman Sachs International		5.93	%	First Trust Nasdaq Cybersecurity ETF	68,048
261,253	3/6/2024	UBS AG		5.83	%	First Trust Nasdaq Cybersecurity ETF	22,649
4,399,338							(198,123	)
						Total Unrealized Appreciation	303,064
						Total Unrealized Depreciation	(501,187	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 69.1%
Automobiles - 2.2%
Lucid Group, Inc.*(a)		679,140		4,264,999
Tesla, Inc.*		441,632		113,976,387
				118,241,386
Beverages - 2.0%
Keurig Dr Pepper, Inc.		419,491		14,115,872
Monster Beverage Corp.*		312,799		17,957,791
PepsiCo, Inc.		411,739		73,256,603
				105,330,266
Biotechnology - 3.0%
Amgen, Inc.		159,668		40,929,295
Biogen, Inc.*		43,236		11,559,577
Gilead Sciences, Inc.		372,755		28,508,303
Moderna, Inc.*		113,931		12,882,178
Regeneron Pharmaceuticals, Inc.*		32,274		26,674,138
Seagen, Inc.*		56,054		11,551,048
Vertex Pharmaceuticals, Inc.*		76,971		26,812,078
				158,916,617
Broadline Retail - 4.7%
Amazon.com, Inc.*		1,429,731		197,317,175
eBay, Inc.		159,800		7,155,844
JD.com, Inc., ADR		135,686		4,506,132
MercadoLibre, Inc.*		14,999		20,584,028
PDD Holdings, Inc., ADR*		182,462		18,058,264
				247,621,443
Commercial Services & Supplies - 0.5%
Cintas Corp.		30,375		15,314,164
Copart, Inc.*		285,379		12,793,540
				28,107,704
Communications Equipment - 1.3%
Cisco Systems, Inc.		1,217,797		69,840,658
Consumer Staples Distribution & Retail - 1.7%
Costco Wholesale Corp.		132,531		72,796,628
Dollar Tree, Inc.*		65,867		8,059,486
Walgreens Boots Alliance, Inc.		257,828		6,525,626
				87,381,740
Electric Utilities - 0.8%
American Electric Power Co., Inc.		153,834		12,060,586
Constellation Energy Corp.		96,941		10,097,375
Exelon Corp.		297,193		11,923,383
Xcel Energy, Inc.		164,481		9,396,799
				43,478,143
Energy Equipment & Services - 0.2%
Baker Hughes Co., Class A		302,517		10,948,090
Entertainment - 1.5%
Electronic Arts, Inc.		81,465		9,774,170
Netflix, Inc.*		132,860		57,618,725
Warner Bros Discovery, Inc.*		727,978		9,565,631
				76,958,526
Financial Services - 0.4%
PayPal Holdings, Inc.*		333,419		20,842,022
Food Products - 0.8%
Kraft Heinz Co. (The)		366,753		12,135,857
Mondelez International, Inc., Class A		406,986		29,001,822
				41,137,679
Ground Transportation - 0.6%
CSX Corp.		607,574		18,348,735
Old Dominion Freight Line, Inc.		32,762		14,001,496
				32,350,231
Health Care Equipment & Supplies - 1.4%
Align Technology, Inc.*		22,866		8,463,621
Dexcom, Inc.*		115,832		11,696,715
GE HealthCare Technologies, Inc.		135,878		9,572,605
IDEXX Laboratories, Inc.*		24,787		12,676,320
Intuitive Surgical, Inc.*		104,705		32,739,160
				75,148,421
Hotels, Restaurants & Leisure - 1.9%
Airbnb, Inc., Class A*		123,242		16,212,485
Booking Holdings, Inc.*		11,031		34,251,586
Marriott International, Inc., Class A		91,087		18,537,115
Starbucks Corp.		342,608		33,383,724
				102,384,910
Industrial Conglomerates - 0.7%
Honeywell International, Inc.		198,923		37,385,589
Interactive Media & Services - 6.7%
Alphabet, Inc., Class A*		827,824		112,724,794
Alphabet, Inc., Class C*		818,537		112,426,057
Meta Platforms, Inc., Class A*		432,089		127,850,814
				353,001,665
IT Services - 0.2%
Cognizant Technology Solutions Corp., Class A		151,652		10,859,800
Life Sciences Tools & Services - 0.2%
Illumina, Inc.*		47,251		7,806,810
Machinery - 0.2%
PACCAR, Inc.		156,170		12,851,229
Media - 1.8%
Charter Communications, Inc., Class A*		45,000		19,715,400
Comcast Corp., Class A		1,243,005		58,122,914
Sirius XM Holdings, Inc.(a)		1,156,032		5,086,541
Trade Desk, Inc. (The), Class A*		132,906		10,636,467
				93,561,322
Oil, Gas & Consumable Fuels - 0.2%
Diamondback Energy, Inc.		54,136		8,216,762
Pharmaceuticals - 0.2%
AstraZeneca plc, ADR		176,867		11,995,120
Professional Services - 1.1%
Automatic Data Processing, Inc.		123,447		31,430,841
Paychex, Inc.		107,747		13,169,916
Verisk Analytics, Inc., Class A		43,251		10,476,257
				55,077,014
Real Estate Management & Development - 0.2%
CoStar Group, Inc.*		122,084		10,009,667
Semiconductors & Semiconductor Equipment - 13.1%
Advanced Micro Devices, Inc.*		481,232		50,875,847
Analog Devices, Inc.		149,834		27,236,825
Applied Materials, Inc.		250,969		38,338,024
ASML Holding NV (Registered), NYRS		26,230		17,325,702

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Broadcom, Inc.	124,584	114,977,328
Enphase Energy, Inc.*	40,973	5,184,314
GLOBALFOUNDRIES, Inc.*(a)	163,676	9,043,099
Intel Corp.	1,246,441	43,799,937
KLA Corp.	41,024	20,588,715
Lam Research Corp.	40,142	28,195,741
Marvell Technology, Inc.	257,000	14,970,250
Microchip Technology, Inc.	162,994	13,339,429
Micron Technology, Inc.	327,045	22,873,527
NVIDIA Corp.	344,164	169,862,142
NXP Semiconductors NV	77,631	15,970,249
ON Semiconductor Corp.*	129,054	12,706,657
QUALCOMM, Inc.	332,925	38,129,900
Texas Instruments, Inc.	271,236	45,583,922
		689,001,608
Software - 11.7%
Adobe, Inc.*	137,089	76,679,361
ANSYS, Inc.*	25,878	8,251,718
Atlassian Corp., Class A*	45,406	9,265,548
Autodesk, Inc.*	63,985	14,200,831
Cadence Design Systems, Inc.*	81,456	19,585,281
Crowdstrike Holdings, Inc., Class A*	66,984	10,920,402
Datadog, Inc., Class A*	88,529	8,541,278
Fortinet, Inc.*	234,616	14,126,229
Intuit, Inc.	83,669	45,332,701
Microsoft Corp.	1,036,102	339,592,792
Palo Alto Networks, Inc.*	91,395	22,236,403
Synopsys, Inc.*	45,451	20,857,009
Workday, Inc., Class A*	61,578	15,055,821
Zoom Video Communications, Inc., Class A*	74,949	5,323,627
Zscaler, Inc.*	43,356	6,765,704
		616,734,705
Specialty Retail - 0.6%
O'Reilly Automotive, Inc.*	18,179	17,082,806
Ross Stores, Inc.	102,235	12,453,246
		29,536,052
Technology Hardware, Storage & Peripherals - 7.8%
Apple, Inc.	2,191,698	411,754,303
Textiles, Apparel & Luxury Goods - 0.3%
Lululemon Athletica, Inc.*	36,540	13,931,240
Trading Companies & Distributors - 0.2%
Fastenal Co.	170,654	9,826,257
Wireless Telecommunication Services - 0.9%
T-Mobile US, Inc.*	358,556	48,853,255
TOTAL COMMON STOCKS (Cost $3,531,370,276)		3,639,090,234
SECURITIES LENDING REINVESTMENTS(b) - 0.2%
INVESTMENT COMPANIES - 0.2%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $11,795,493)	11,795,493	11,795,493

Investments Principal
Amount ($) Value ($)

SHORT-TERM INVESTMENTS - 5.7%
REPURCHASE AGREEMENTS(c) - 0.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $41,770,025
(Cost $41,763,901)	41,763,901	41,763,901
U.S. TREASURY OBLIGATIONS(d) - 4.9%
U.S. Treasury Bills
4.80%, 9/28/2023(e)	150,000,000	149,406,843
5.34%, 11/21/2023(e)	25,000,000	24,703,422
5.40%, 11/24/2023(e)	25,000,000	24,690,386
5.39%, 12/5/2023(e)	35,000,000	34,511,294
5.38%, 12/12/2023(e)	25,000,000	24,624,672
TOTAL U.S. TREASURY OBLIGATIONS (Cost $257,999,588)		257,936,617
TOTAL SHORT-TERM INVESTMENTS (Cost $299,763,489)		299,700,518
Total Investments - 75.0% (Cost $3,842,929,258)		3,950,586,245
Other assets less liabilities - 25.0%		1,315,186,000
Net Assets - 100.0%		5,265,772,245

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $15,156,011, collateralized in the form of cash with a value of $11,795,493 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $3,977,345 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 30, 2023 – November 15, 2052. The total value of collateral is $15,772,838.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $11,795,493.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(d)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $179,176,358.
(e)	The rate shown was the current yield as of August 31, 2023.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra QQQ had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	504	9/15/2023	U.S. Dollar	$	156,628,080	$	6,018,421

Swap Agreements

Ultra QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
491,678,439	3/6/2025	Bank of America NA		5.98	%	NASDAQ-100 Index®	4,659,418
445,035,720	11/6/2023	Barclays Capital		5.93	%	NASDAQ-100 Index®	72,329,289
454,878,899	2/11/2025	BNP Paribas SA		5.98	%	NASDAQ-100 Index®	55,719,810
409,011,233	3/6/2025	Citibank NA		5.99	%	NASDAQ-100 Index®	36,601,186
778,432,733	4/8/2024	Goldman Sachs International		5.93	%	NASDAQ-100 Index®	116,001,050
1,073,764,181	11/7/2024	Goldman Sachs International		5.73	%	PowerShares QQQ TrustSM, Series 1	106,956,036
691,332,221	11/7/2023	J.P. Morgan Securities		5.73	%	NASDAQ-100 Index®	89,237,298
390,022,422	3/6/2024	Morgan Stanley & Co. International plc		5.88	%	NASDAQ-100 Index®	76,517,700
630,187,589	3/6/2024	Morgan Stanley & Co. International plc		5.88	%	PowerShares QQQ TrustSM, Series 1	98,037,589
848,466,567	4/8/2024	Societe Generale		6.28	%	NASDAQ-100 Index®	125,011,355
522,959,599	11/7/2024	UBS AG		6.13	%	NASDAQ-100 Index®	117,072,718
6,735,769,603							898,143,449
						Total Unrealized Appreciation	898,143,449

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Real Estate

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 71.6%
Health Care REITs - 5.4%
Healthpeak Properties, Inc., REIT		25,493		524,646
Ventas, Inc., REIT		18,645		814,414
Welltower, Inc., REIT		23,165		1,919,915
				3,258,975
Hotel & Resort REITs - 0.9%
Host Hotels & Resorts, Inc., REIT		33,148		523,407
Industrial REITs - 8.9%
Prologis, Inc., REIT		43,039		5,345,444
Office REITs - 2.2%
Alexandria Real Estate Equities, Inc., REIT		7,338		853,703
Boston Properties, Inc., REIT		6,652		444,154
				1,297,857
Real Estate Management & Development - 4.7%
CBRE Group, Inc., Class A*		14,487		1,232,119
CoStar Group, Inc.*		19,040		1,561,090
				2,793,209
Residential REITs - 9.6%
AvalonBay Communities, Inc., REIT		6,618		1,216,521
Camden Property Trust, REIT		4,976		535,517
Equity Residential, REIT		15,893		1,030,343
Essex Property Trust, Inc., REIT		2,991		713,024
Invitation Homes, Inc., REIT		27,093		923,600
Mid-America Apartment Communities, Inc., REIT		5,437		789,616
UDR, Inc., REIT		14,421		575,398
				5,784,019
Retail REITs - 8.1%
Federal Realty Investment Trust, REIT		3,419		334,857
Kimco Realty Corp., REIT		28,891		547,195
Realty Income Corp., REIT		31,376		1,758,311
Regency Centers Corp., REIT		7,658		476,327
Simon Property Group, Inc., REIT		15,240		1,729,588
				4,846,278
Specialized REITs - 31.8%
American Tower Corp., REIT		21,720		3,938,270
Crown Castle, Inc., REIT		20,212		2,031,306
Digital Realty Trust, Inc., REIT		13,579		1,788,626
Equinix, Inc., REIT		4,359		3,406,036
Extra Space Storage, Inc., REIT		9,843		1,266,597
Iron Mountain, Inc., REIT		13,591		863,572
Public Storage, REIT		7,375		2,038,303
SBA Communications Corp., Class A, REIT		5,049		1,133,652
VICI Properties, Inc., REIT		46,804		1,443,435
Weyerhaeuser Co., REIT		34,129		1,117,725
				19,027,522
TOTAL COMMON STOCKS (Cost $47,560,867)				42,876,711

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 10.2%
REPURCHASE AGREEMENTS(a) - 10.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $6,089,289
(Cost $6,088,400)	6,088,400	6,088,400
Total Investments - 81.8% (Cost $53,649,267)		48,965,111
Other assets less liabilities - 18.2%		10,858,445
Net Assets - 100.0%		59,823,556

Ultra Real Estate

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
7,214,262	3/6/2025	Bank of America NA		6.28	%	S&P Real Estate Select Sector index	93,514
9,533,106	3/6/2025	BNP Paribas SA		5.93	%	S&P Real Estate Select Sector index	(170,669	)
997,343	4/7/2025	Citibank NA		5.83	%	S&P Real Estate Select Sector index	(24,275	)
6,213,652	3/6/2025	Goldman Sachs International		5.93	%	S&P Real Estate Select Sector index	81,791
3,406,029	3/6/2025	Societe Generale		6.23	%	S&P Real Estate Select Sector index	51,136
49,569,465	3/6/2025	UBS AG		5.58	%	S&P Real Estate Select Sector index	402,290
76,933,857							433,787
						Total Unrealized Appreciation	628,731
						Total Unrealized Depreciation	(194,944	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 86.6%
Aerospace & Defense - 0.8%
AAR Corp.*		1,877		115,623
AeroVironment, Inc.*		1,364		132,349
AerSale Corp.*		1,392		20,616
Archer Aviation, Inc., Class A*(b)		8,296		57,823
Astronics Corp.*		1,413		24,770
Cadre Holdings, Inc.		1,057		27,926
Ducommun, Inc.*		611		27,782
Eve Holding, Inc.*		984		7,262
Kaman Corp.		1,531		34,340
Kratos Defense & Security Solutions, Inc.*		6,814		109,637
Leonardo DRS, Inc.*		2,746		47,012
Moog, Inc., Class A		1,544		179,351
National Presto Industries, Inc.		281		21,033
Park Aerospace Corp.		1,069		14,570
Parsons Corp.*		2,245		128,010
Redwire Corp.*(b)		428		1,378
Rocket Lab USA, Inc.*		15,163		95,679
Terran Orbital Corp.*(b)		4,633		5,652
Triumph Group, Inc.*		3,505		32,982
V2X, Inc.*		627		31,544
Virgin Galactic Holdings, Inc.*(b)		13,736		34,615
				1,149,954
Air Freight & Logistics - 0.2%
Air Transport Services Group, Inc.*		3,065		66,081
Forward Air Corp.		1,423		100,777
Hub Group, Inc., Class A*		1,786		139,380
Radiant Logistics, Inc.*		2,008		13,554
				319,792
Automobile Components - 1.3%
Adient plc*		5,198		203,606
American Axle & Manufacturing Holdings, Inc.*		6,210		46,885
Cooper-Standard Holdings, Inc.*		919		13,730
Dana, Inc.		7,093		114,268
Dorman Products, Inc.*		1,433		118,237
Fox Factory Holding Corp.*		2,321		257,190
Gentherm, Inc.*		1,801		108,438
Goodyear Tire & Rubber Co. (The)*		15,318		197,755
Holley, Inc.*		2,871		16,365
LCI Industries		1,345		168,502
Luminar Technologies, Inc.*(b)		14,812		85,317
Modine Manufacturing Co.*		2,800		133,252
Patrick Industries, Inc.		1,162		97,190
Solid Power, Inc.*		8,427		17,865
Standard Motor Products, Inc.		1,151		42,622
Stoneridge, Inc.*		1,439		29,571
Visteon Corp.*		1,530		213,083
XPEL, Inc.*(c)		1,230		102,459
				1,966,335
Automobiles - 0.1%
Fisker, Inc., Class A*(b)		10,668		62,621
Livewire Group, Inc.*(b)		599		6,697
Winnebago Industries, Inc.		1,614		104,668
Workhorse Group, Inc.*(b)		9,022		7,111
				181,097
Banks - 7.4%
1st Source Corp.		907		40,534
ACNB Corp.		453		14,419
Amalgamated Financial Corp.		961		17,221
Amerant Bancorp, Inc.		1,404		26,353
American National Bankshares, Inc.		559		21,913
Ameris Bancorp		3,601		146,741
Ames National Corp.(b)		468		8,401
Arrow Financial Corp.		778		13,701
Associated Banc-Corp.		8,236		142,730
Atlantic Union Bankshares Corp.		4,087		121,343
Axos Financial, Inc.*		3,093		133,277
Banc of California, Inc.		2,969		37,202
BancFirst Corp.		1,199		114,600
Bancorp, Inc. (The)*		2,909		106,789
Bank First Corp.		508		39,436
Bank of Hawaii Corp.		2,134		114,681
Bank of Marin Bancorp		856		16,110
Bank of NT Butterfield & Son Ltd. (The)		2,727		79,410
Bank7 Corp.		203		5,099
BankUnited, Inc.		4,047		106,234
Bankwell Financial Group, Inc.		320		8,326
Banner Corp.		1,863		81,134
Bar Harbor Bankshares		812		20,170
BayCom Corp.		638		12,294
BCB Bancorp, Inc.		820		9,332
Berkshire Hills Bancorp, Inc.		2,398		50,118
Blue Foundry Bancorp*		1,345		12,441
Blue Ridge Bankshares, Inc.		957		7,579
Bridgewater Bancshares, Inc.*		1,112		11,632
Brookline Bancorp, Inc.		4,750		45,457
Burke & Herbert Financial Services Corp.		350		17,315
Business First Bancshares, Inc.		1,305		26,687
Byline Bancorp, Inc.		1,347		28,529
C&F Financial Corp.		179		9,544
Cadence Bank		9,915		226,855
Cambridge Bancorp		414		22,029
Camden National Corp.		777		25,478
Capital Bancorp, Inc.		525		10,054
Capital City Bank Group, Inc.		718		21,906
Capitol Federal Financial, Inc.		6,945		39,378
Capstar Financial Holdings, Inc.		1,066		13,922
Carter Bankshares, Inc.*		1,284		18,374
Cathay General Bancorp		3,783		134,788
Central Pacific Financial Corp.		1,445		24,522
Central Valley Community Bancorp		543		7,939
Chemung Financial Corp.		190		7,465
ChoiceOne Financial Services, Inc.		380		9,135
Citizens & Northern Corp.		824		14,890
Citizens Financial Services, Inc.(b)		236		12,919
City Holding Co.		828		75,646
Civista Bancshares, Inc.		841		14,289
CNB Financial Corp.		1,128		20,541
Coastal Financial Corp.*		589		25,945
Codorus Valley Bancorp, Inc.		522		10,570
Colony Bankcorp, Inc.		898		9,348
Columbia Financial, Inc.*		1,615		27,713
Community Bank System, Inc.		2,897		137,752
Community Trust Bancorp, Inc.		845		29,997
ConnectOne Bancorp, Inc.		2,017		38,565
CrossFirst Bankshares, Inc.*		2,423		26,047
Customers Bancorp, Inc.*		1,556		54,678
CVB Financial Corp.		7,239		126,393
Dime Community Bancshares, Inc.		1,902		40,532

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Eagle Bancorp, Inc.		1,667		40,108
Eastern Bankshares, Inc.		8,432		113,495
Enterprise Bancorp, Inc.		521		15,078
Enterprise Financial Services Corp.		1,974		76,414
Equity Bancshares, Inc., Class A		808		20,216
Esquire Financial Holdings, Inc.		374		17,488
ESSA Bancorp, Inc.		472		7,510
Evans Bancorp, Inc.		285		8,071
Farmers & Merchants Bancorp, Inc.		739		14,115
Farmers National Banc Corp.(b)		2,005		25,463
FB Financial Corp.		1,930		58,633
Fidelity D&D Bancorp, Inc.(b)		254		12,036
Financial Institutions, Inc.		826		14,455
First Bancorp(b)		9,647		133,707
First Bancorp		2,165		64,171
First Bancorp, Inc. (The)		532		13,098
First Bancshares, Inc. (The)		1,650		46,843
First Bank		1,201		13,739
First Busey Corp.		2,825		57,065
First Business Financial Services, Inc.		427		13,463
First Commonwealth Financial Corp.		5,568		72,774
First Community Bankshares, Inc.		959		29,662
First Community Corp.		401		6,929
First Financial Bancorp		5,126		106,518
First Financial Bankshares, Inc.		7,092		203,682
First Financial Corp.		639		23,464
First Foundation, Inc.		2,785		21,890
First Interstate BancSystem, Inc., Class A		4,495		116,465
First Merchants Corp.		3,217		95,995
First Mid Bancshares, Inc.		1,042		29,145
First of Long Island Corp. (The)		1,159		15,137
First Western Financial, Inc.*		436		8,860
Five Star Bancorp		695		15,193
Flushing Financial Corp.		1,534		21,660
FS Bancorp, Inc.		360		10,674
Fulton Financial Corp.		8,853		118,010
FVCBankcorp, Inc.*		872		10,612
German American Bancorp, Inc.		1,526		44,147
Glacier Bancorp, Inc.		6,069		183,344
Great Southern Bancorp, Inc.		492		24,831
Greene County Bancorp, Inc.(b)		380		10,948
Guaranty Bancshares, Inc.		459		13,251
Hancock Whitney Corp.		4,722		194,782
Hanmi Financial Corp.		1,656		28,682
HarborOne Bancorp, Inc.		2,282		22,752
HBT Financial, Inc.		730		13,651
Heartland Financial USA, Inc.		2,300		70,472
Heritage Commerce Corp.		3,222		27,935
Heritage Financial Corp.		1,887		32,494
Hilltop Holdings, Inc.		2,540		77,191
Hingham Institution For Savings (The)		81		16,134
Home Bancorp, Inc.		394		12,868
Home BancShares, Inc.		10,380		230,228
HomeStreet, Inc.(b)		985		9,308
HomeTrust Bancshares, Inc.		846		19,331
Hope Bancorp, Inc.		6,279		60,718
Horizon Bancorp, Inc.		2,346		26,252
Independent Bank Corp.		1,099		20,980
Independent Bank Corp.		2,404		129,864
Independent Bank Group, Inc.		1,968		83,050
International Bancshares Corp.		2,923		130,892
John Marshall Bancorp, Inc.		678		11,980
Kearny Financial Corp.		3,119		23,112
Lakeland Bancorp, Inc.		3,393		45,839
Lakeland Financial Corp.		1,351		70,428
LCNB Corp.		575		8,573
Live Oak Bancshares, Inc.		1,830		59,182
Luther Burbank Corp.		558		5,072
Macatawa Bank Corp.		1,431		13,108
MainStreet Bancshares, Inc.		379		8,573
Mercantile Bank Corp.		853		28,473
Metrocity Bankshares, Inc.		994		19,383
Metropolitan Bank Holding Corp.*		570		22,692
Mid Penn Bancorp, Inc.		774		16,943
Middlefield Banc Corp.		427		11,072
Midland States Bancorp, Inc.		1,158		25,708
MidWestOne Financial Group, Inc.		774		16,533
MVB Financial Corp.		617		14,524
National Bank Holdings Corp., Class A		2,004		63,206
National Bankshares, Inc.		314		8,264
NBT Bancorp, Inc.		2,489		85,671
Nicolet Bankshares, Inc.		700		53,067
Northeast Bank		422		17,931
Northeast Community Bancorp, Inc.		728		11,546
Northfield Bancorp, Inc.		2,255		23,768
Northrim Bancorp, Inc.		299		12,417
Northwest Bancshares, Inc.		6,933		76,263
Norwood Financial Corp.		401		10,879
Oak Valley Bancorp		366		9,190
OceanFirst Financial Corp.		3,169		53,461
OFG Bancorp		2,536		76,486
Old National Bancorp		15,942		243,275
Old Second Bancorp, Inc.		2,361		34,164
Orange County Bancorp, Inc.		278		12,924
Origin Bancorp, Inc.		1,588		48,736
Orrstown Financial Services, Inc.		557		12,031
Pacific Premier Bancorp, Inc.		5,163		118,852
PacWest Bancorp		6,523		51,858
Park National Corp.		780		79,373
Parke Bancorp, Inc.		569		9,827
Pathward Financial, Inc.		1,494		73,609
PCB Bancorp		593		9,518
Peapack-Gladstone Financial Corp.		928		25,307
Penns Woods Bancorp, Inc.(b)		373		9,713
Peoples Bancorp, Inc.		1,841		47,443
Peoples Financial Services Corp.		379		16,524
Pioneer Bancorp, Inc.*		634		5,712
Plumas Bancorp		297		10,377
Ponce Financial Group, Inc.*		1,112		8,885
Preferred Bank		729		45,278
Premier Financial Corp.		1,923		36,229
Primis Financial Corp.		1,102		9,786
Princeton Bancorp, Inc.		276		8,079
Provident Financial Services, Inc.		3,995		65,838
QCR Holdings, Inc.		897		47,057
RBB Bancorp		912		12,431
Red River Bancshares, Inc.		262		12,387
Renasant Corp.		3,003		83,634
Republic Bancorp, Inc., Class A		468		20,798
S&T Bancorp, Inc.		2,116		59,946
Sandy Spring Bancorp, Inc.		2,385		53,042
Seacoast Banking Corp. of Florida		4,583		108,205
ServisFirst Bancshares, Inc.		2,772		155,343
Shore Bancshares, Inc.		1,647		18,249

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Sierra Bancorp		752		14,950
Simmons First National Corp., Class A		6,870		122,423
SmartFinancial, Inc.		862		19,628
South Plains Financial, Inc.		654		17,154
Southern First Bancshares, Inc.*		417		11,722
Southern Missouri Bancorp, Inc.		466		19,712
Southern States Bancshares, Inc.		408		9,347
Southside Bancshares, Inc.		1,600		48,160
SouthState Corp.		4,143		299,539
Stellar Bancorp, Inc.		2,648		56,323
Sterling Bancorp, Inc.*		1,146		6,750
Stock Yards Bancorp, Inc.		1,477		67,647
Summit Financial Group, Inc.		613		15,080
Texas Capital Bancshares, Inc.*		2,606		162,719
Third Coast Bancshares, Inc.*		700		13,174
Timberland Bancorp, Inc.		410		11,628
Tompkins Financial Corp.		754		39,155
Towne Bank		3,818		90,105
TriCo Bancshares		1,690		58,035
Triumph Financial, Inc.*		1,209		77,654
TrustCo Bank Corp.		1,012		28,812
Trustmark Corp.		3,311		76,285
UMB Financial Corp.		2,410		152,336
United Bankshares, Inc.		7,120		214,170
United Community Banks, Inc.		6,290		169,830
Unity Bancorp, Inc.		398		9,618
Univest Financial Corp.		1,578		28,388
USCB Financial Holdings, Inc.*		572		6,275
Valley National Bancorp		23,489		215,629
Veritex Holdings, Inc.		2,854		53,684
Virginia National Bankshares Corp.		257		8,491
Washington Federal, Inc.		3,564		96,870
Washington Trust Bancorp, Inc.		920		25,760
WesBanco, Inc.		3,139		79,605
West Bancorp, Inc.		882		16,335
Westamerica Bancorp		1,423		62,655
WSFS Financial Corp.		3,331		130,908
				11,024,695
Beverages - 0.4%
Coca-Cola Consolidated, Inc.		260		181,714
Duckhorn Portfolio, Inc. (The)*		2,388		29,707
MGP Ingredients, Inc.		863		103,474
National Beverage Corp.*		1,290		66,190
Primo Water Corp.		8,514		129,923
Vita Coco Co., Inc. (The)*		1,555		43,991
Zevia PBC, Class A*		1,356		3,485
				558,484
Biotechnology - 5.8%
2seventy bio, Inc.*		2,731		14,174
4D Molecular Therapeutics, Inc.*		1,717		27,953
89bio, Inc.*		3,361		57,608
Aadi Bioscience, Inc.*		882		5,557
ACADIA Pharmaceuticals, Inc.*		6,588		178,008
Acrivon Therapeutics, Inc.*(b)		473		5,544
Actinium Pharmaceuticals, Inc.*(b)		1,414		8,498
Adicet Bio, Inc.*		1,652		3,304
ADMA Biologics, Inc.*		11,452		44,090
Aerovate Therapeutics, Inc.*(b)		547		8,692
Agenus, Inc.*		18,649		25,736
Agios Pharmaceuticals, Inc.*		3,020		82,839
Akero Therapeutics, Inc.*		2,442		121,196
Aldeyra Therapeutics, Inc.*		2,532		18,889
Alector, Inc.*		3,451		18,808
Alkermes plc*		9,021		263,323
Allakos, Inc.*		3,614		10,408
Allogene Therapeutics, Inc.*		4,468		17,381
Allovir, Inc.*		2,278		7,130
Alpine Immune Sciences, Inc.*		1,726		21,316
Altimmune, Inc.*		2,687		6,798
ALX Oncology Holdings, Inc.*		1,176		5,010
Amicus Therapeutics, Inc.*		15,245		195,441
AnaptysBio, Inc.*		1,034		20,349
Anavex Life Sciences Corp.*(b)		3,817		30,154
Anika Therapeutics, Inc.*		796		14,209
Annexon, Inc.*		2,481		6,823
Arbutus Biopharma Corp.*		6,786		13,776
Arcellx, Inc.*		2,063		73,938
Arcturus Therapeutics Holdings, Inc.*		1,268		38,484
Arcus Biosciences, Inc.*		2,868		58,794
Arcutis Biotherapeutics, Inc.*		2,795		23,869
Ardelyx, Inc.*		11,580		49,331
Arrowhead Pharmaceuticals, Inc.*		5,574		154,065
ARS Pharmaceuticals, Inc.*(b)		1,318		9,345
Astria Therapeutics, Inc.*(b)		1,389		12,362
Atara Biotherapeutics, Inc.*		5,193		7,582
Aura Biosciences, Inc.*		1,493		15,497
Aurinia Pharmaceuticals, Inc.*		7,362		66,773
Avid Bioservices, Inc.*		3,374		39,813
Avidity Biosciences, Inc.*		3,843		29,053
Avita Medical, Inc.*(b)		1,367		22,282
Beam Therapeutics, Inc.*		3,715		86,114
BioAtla, Inc.*		2,405		6,037
BioCryst Pharmaceuticals, Inc.*		10,305		73,269
Biohaven Ltd.*		3,168		57,943
Biomea Fusion, Inc.*		1,080		18,220
BioVie, Inc., Class A*(b)		180		560
Bioxcel Therapeutics, Inc.*		1,043		3,943
Bluebird Bio, Inc.*		5,818		21,934
Blueprint Medicines Corp.*		3,306		164,837
Bridgebio Pharma, Inc.*		6,226		186,220
Cabaletta Bio, Inc.*		1,390		19,682
CareDx, Inc.*		2,830		26,347
Caribou Biosciences, Inc.*		3,093		18,218
Carisma Therapeutics, Inc.		1,450		10,034
Catalyst Pharmaceuticals, Inc.*		5,242		73,598
Celcuity, Inc.*		937		8,920
Celldex Therapeutics, Inc.*		2,526		70,475
Century Therapeutics, Inc.*		1,273		3,157
Cerevel Therapeutics Holdings, Inc.*		3,364		79,727
Cogent Biosciences, Inc.*		3,749		45,775
Coherus Biosciences, Inc.*		4,184		22,301
Compass Therapeutics, Inc.*		4,961		11,559
Crinetics Pharmaceuticals, Inc.*		2,899		50,211
Cue Biopharma, Inc.*		1,879		5,092
Cullinan Oncology, Inc.*		1,294		13,393
Cytokinetics, Inc.*		5,064		176,936
Day One Biopharmaceuticals, Inc.*		2,677		36,113
Deciphera Pharmaceuticals, Inc.*		2,848		39,986
Denali Therapeutics, Inc.*		6,423		148,307
Design Therapeutics, Inc.*		1,782		4,419
Disc Medicine, Inc.*(b)		420		22,239
Dynavax Technologies Corp.*		7,047		101,195
Dyne Therapeutics, Inc.*		2,311		26,345
Eagle Pharmaceuticals, Inc.*		563		9,543
Editas Medicine, Inc.*		3,785		33,724
Emergent BioSolutions, Inc.*		2,750		12,897

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Enanta Pharmaceuticals, Inc.*		1,087		16,142
Entrada Therapeutics, Inc.*		1,163		17,119
EQRx, Inc.*		17,347		39,725
Erasca, Inc.*		4,387		11,362
Fate Therapeutics, Inc.*		4,608		11,566
Fennec Pharmaceuticals, Inc.*		987		8,054
FibroGen, Inc.*		4,943		4,745
Foghorn Therapeutics, Inc.*		1,105		8,365
Genelux Corp.*		150		3,627
Generation Bio Co.*		2,462		11,768
Geron Corp.*		27,075		65,792
Graphite Bio, Inc.*		1,523		3,381
Gritstone bio, Inc.*		4,772		8,685
Halozyme Therapeutics, Inc.*		7,260		308,986
Heron Therapeutics, Inc.*		5,629		9,232
HilleVax, Inc.*(b)		1,154		15,394
Humacyte, Inc.*		3,329		12,750
Icosavax, Inc.*		1,497		11,587
Ideaya Biosciences, Inc.*		2,952		86,671
IGM Biosciences, Inc.*		649		4,640
Immuneering Corp., Class A*(b)		1,103		9,938
ImmunityBio, Inc.*(b)		5,994		9,650
ImmunoGen, Inc.*		13,195		209,009
Immunovant, Inc.*		2,933		66,608
Inhibrx, Inc.*		1,867		39,954
Inozyme Pharma, Inc.*		1,840		9,016
Insmed, Inc.*		7,167		156,886
Intellia Therapeutics, Inc.*		4,797		179,792
Intercept Pharmaceuticals, Inc.*		1,334		14,447
Iovance Biotherapeutics, Inc.*		11,310		68,312
Ironwood Pharmaceuticals, Inc., Class A*		7,537		66,326
iTeos Therapeutics, Inc.*		1,347		16,252
Janux Therapeutics, Inc.*(b)		940		10,340
KalVista Pharmaceuticals, Inc.*		1,339		14,528
Karyopharm Therapeutics, Inc.*		6,157		7,881
Keros Therapeutics, Inc.*		1,224		42,975
Kezar Life Sciences, Inc.*		3,880		5,781
Kiniksa Pharmaceuticals Ltd., Class A*		1,706		29,394
Kodiak Sciences, Inc.*		1,763		3,879
Krystal Biotech, Inc.*		1,175		146,264
Kura Oncology, Inc.*		3,543		35,182
Kymera Therapeutics, Inc.*		2,066		39,419
Larimar Therapeutics, Inc.*		1,394		5,186
Lexicon Pharmaceuticals, Inc.*		5,037		8,664
Lineage Cell Therapeutics, Inc.*(b)		7,016		9,261
Lyell Immunopharma, Inc.*(b)		9,434		22,547
MacroGenics, Inc.*		3,309		15,420
Madrigal Pharmaceuticals, Inc.*		740		133,200
MannKind Corp.*		13,963		64,369
MeiraGTx Holdings plc*		1,773		11,152
Merrimack Pharmaceuticals, Inc.*(b)		569		6,947
Mersana Therapeutics, Inc.*		5,455		6,055
MiMedx Group, Inc.*		6,192		45,945
Mineralys Therapeutics, Inc.*		759		9,746
Mirum Pharmaceuticals, Inc.*		1,454		38,429
Monte Rosa Therapeutics, Inc.*(b)		1,658		9,732
Morphic Holding, Inc.*		1,655		91,157
Myriad Genetics, Inc.*		4,392		78,397
Nkarta, Inc.*		1,644		2,828
Novavax, Inc.*(b)		4,734		37,872
Nurix Therapeutics, Inc.*		2,547		21,650
Nuvalent, Inc., Class A*		1,304		59,423
Nuvectis Pharma, Inc.*		372		5,323
Ocean Biomedical, Inc.*		472		2,129
Olema Pharmaceuticals, Inc.*		1,460		14,819
Omega Therapeutics, Inc.*(b)		1,325		4,863
Organogenesis Holdings, Inc., Class A*		3,819		10,693
ORIC Pharmaceuticals, Inc.*(b)		2,122		19,013
Outlook Therapeutics, Inc.*(b)		8,433		1,923
Ovid therapeutics, Inc.*(b)		3,242		10,909
PDS Biotechnology Corp.*(b)		1,520		8,922
PepGen, Inc.*		546		3,440
PMV Pharmaceuticals, Inc.*		2,097		15,140
Point Biopharma Global, Inc.*		4,919		39,155
Poseida Therapeutics, Inc., Class A*(b)		3,695		7,723
Precigen, Inc.*(b)		7,346		12,856
Prelude Therapeutics, Inc.*		539		2,010
Prime Medicine, Inc.*(b)		2,151		28,479
ProKidney Corp.*(b)		3,354		28,777
Protagonist Therapeutics, Inc.*		2,947		58,410
Protalix BioTherapeutics, Inc.*		3,054		5,772
Prothena Corp. plc*		2,254		119,056
PTC Therapeutics, Inc.*		3,851		152,114
Rallybio Corp.*		1,662		8,842
RAPT Therapeutics, Inc.*		1,606		30,675
Recursion Pharmaceuticals, Inc., Class A*(b)		7,420		64,554
REGENXBIO, Inc.*		2,209		39,099
Relay Therapeutics, Inc.*		4,908		50,160
Reneo Pharmaceuticals, Inc.*		526		3,167
Replimune Group, Inc.*		2,215		45,230
REVOLUTION Medicines, Inc.*		5,514		187,311
Rhythm Pharmaceuticals, Inc.*		2,793		72,646
Rigel Pharmaceuticals, Inc.*		9,304		10,607
Rocket Pharmaceuticals, Inc.*		3,050		47,732
Sage Therapeutics, Inc.*		2,874		57,480
Sana Biotechnology, Inc.*		5,070		27,124
Sangamo Therapeutics, Inc.*		7,841		7,600
Savara, Inc.*		4,145		15,005
Scholar Rock Holding Corp.*		1,542		9,637
Selecta Biosciences, Inc.*(b)		6,314		7,766
Seres Therapeutics, Inc.*		5,288		18,244
SpringWorks Therapeutics, Inc.*		3,168		89,274
Stoke Therapeutics, Inc.*		1,500		8,430
Summit Therapeutics, Inc.*		6,300		10,206
Sutro Biopharma, Inc.*		3,270		15,532
Syndax Pharmaceuticals, Inc.*		3,582		66,303
Tango Therapeutics, Inc.*		2,427		15,751
Tenaya Therapeutics, Inc.*		2,488		9,629
TG Therapeutics, Inc.*		7,460		78,106
Travere Therapeutics, Inc.*		3,960		56,549
Twist Bioscience Corp.*		3,095		68,059
Tyra Biosciences, Inc.*		760		11,575
UroGen Pharma Ltd.*		1,064		18,599
Vanda Pharmaceuticals, Inc.*		3,071		15,938
Vaxcyte, Inc.*		4,998		259,496
Vaxxinity, Inc., Class A*(b)		2,317		4,680
Vera Therapeutics, Inc., Class A*		1,838		32,514
Veracyte, Inc.*		3,958		104,491
Vericel Corp.*		2,589		84,997
Verve Therapeutics, Inc.*		2,758		35,495
Vigil Neuroscience, Inc.*(b)		874		5,270
Viking Therapeutics, Inc.*		5,227		72,185
Vir Biotechnology, Inc.*		4,553		57,641
Viridian Therapeutics, Inc.*		2,294		41,682

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Vor BioPharma, Inc.*		2,048		5,120
Voyager Therapeutics, Inc.*		1,727		17,305
X4 Pharmaceuticals, Inc.*		6,694		8,568
Xencor, Inc.*		3,153		69,303
XOMA Corp.*		398		5,580
Y-mAbs Therapeutics, Inc.*		2,000		10,140
Zentalis Pharmaceuticals, Inc.*		2,671		70,942
Zura Bio Ltd., Class A*(b)		412		2,835
Zymeworks, Inc.*(b)		2,902		21,010
				8,670,486
Broadline Retail - 0.1%
Big Lots, Inc.(b)		1,548		9,598
ContextLogic, Inc., Class A*(b)		1,201		6,431
Dillard's, Inc., Class A		197		67,989
Qurate Retail, Inc., Class B*		72		447
				84,465
Building Products - 1.6%
AAON, Inc.		3,685		232,376
American Woodmark Corp.*		906		70,369
Apogee Enterprises, Inc.		1,202		60,653
AZZ, Inc.		1,350		66,285
CSW Industrials, Inc.		838		150,530
Gibraltar Industries, Inc.*		1,686		126,501
Griffon Corp.		2,387		99,944
Insteel Industries, Inc.		1,019		35,410
Janus International Group, Inc.*		4,620		52,899
JELD-WEN Holding, Inc.*		4,631		69,835
Masonite International Corp.*		1,209		124,176
Masterbrand, Inc.*		7,056		90,387
PGT Innovations, Inc.*		3,163		89,165
Quanex Building Products Corp.		1,796		48,456
Resideo Technologies, Inc.*		7,968		134,340
Simpson Manufacturing Co., Inc.		2,335		373,040
UFP Industries, Inc.		3,268		341,016
Zurn Elkay Water Solutions Corp.		8,051		238,471
				2,403,853
Capital Markets - 1.2%
AlTi Global, Inc.*		1,144		8,363
Artisan Partners Asset Management, Inc., Class A		3,343		128,438
AssetMark Financial Holdings, Inc.*		1,196		34,552
Avantax, Inc.*		2,140		44,769
B Riley Financial, Inc.(b)		1,017		52,076
Bakkt Holdings, Inc.*(b)		3,788		5,227
BGC Group, Inc., Class A		17,095		84,449
BlackRock Capital Investment Corp.		2		7
Brightsphere Investment Group, Inc.		1,772		36,698
Cohen & Steers, Inc.		1,415		92,230
Diamond Hill Investment Group, Inc.		158		26,664
Donnelley Financial Solutions, Inc.*		1,346		66,317
Forge Global Holdings, Inc.*		5,974		14,636
GCM Grosvenor, Inc., Class A		2,256		17,236
Hamilton Lane, Inc., Class A		1,988		184,467
Hercules Capital, Inc.		6		99
MarketWise, Inc.		1,723		2,326
Moelis & Co., Class A		3,635		172,335
Open Lending Corp.*		5,413		44,657
P10, Inc., Class A		2,339		28,185
Patria Investments Ltd., Class A		2,958		42,654
Perella Weinberg Partners, Class A		2,318		24,409
Piper Sandler Cos.		944		140,637
PJT Partners, Inc., Class A		1,323		104,504
Prospect Capital Corp.		3		18
Sculptor Capital Management, Inc.		1,360		15,803
Silvercrest Asset Management Group, Inc., Class A		519		10,001
StepStone Group, Inc., Class A		2,935		90,604
StoneX Group, Inc.*		972		91,251
Value Line, Inc.		46		2,457
Victory Capital Holdings, Inc., Class A		1,507		51,871
Virtus Investment Partners, Inc.		377		78,077
WisdomTree, Inc.		7,507		54,801
				1,750,818
Chemicals - 1.7%
AdvanSix, Inc.		1,441		47,668
American Vanguard Corp.		1,469		20,302
Aspen Aerogels, Inc.*		2,778		16,918
Avient Corp.		4,920		197,341
Balchem Corp.		1,740		244,470
Cabot Corp.		3,014		218,394
Chase Corp.		412		52,118
Core Molding Technologies, Inc.*		421		11,413
Danimer Scientific, Inc.*(b)		4,771		9,304
Ecovyst, Inc.*		5,179		53,033
FutureFuel Corp.		1,421		10,061
Hawkins, Inc.		1,053		65,486
HB Fuller Co.		2,944		213,528
Ingevity Corp.*		2,035		109,666
Innospec, Inc.		1,357		145,769
Intrepid Potash, Inc.*		578		15,508
Koppers Holdings, Inc.		1,097		42,004
Kronos Worldwide, Inc.		1,201		10,088
Livent Corp.*		9,821		210,857
LSB Industries, Inc.*		2,990		30,259
Mativ Holdings, Inc.		2,966		48,642
Minerals Technologies, Inc.		1,771		108,208
Origin Materials, Inc.*		5,767		7,901
Orion SA		3,051		69,014
Perimeter Solutions SA*		8,522		50,365
PureCycle Technologies, Inc.*(b)		6,317		56,411
Quaker Chemical Corp.		756		134,175
Rayonier Advanced Materials, Inc.*		3,467		12,239
Sensient Technologies Corp.		2,290		141,087
Stepan Co.		1,159		101,146
Trinseo plc		1,903		20,039
Tronox Holdings plc		6,369		86,873
Valhi, Inc.		131		1,734
				2,562,021
Commercial Services & Supplies - 1.3%
ABM Industries, Inc.		3,604		163,694
ACCO Brands Corp.		5,024		26,778
ACV Auctions, Inc., Class A*		6,912		116,191
Aris Water Solutions, Inc., Class A		1,625		16,640
BrightView Holdings, Inc.*		2,250		18,630
Brink's Co. (The)		2,511		190,359
Casella Waste Systems, Inc., Class A*		3,028		238,516
CECO Environmental Corp.*		1,614		22,241
Cimpress plc*		970		62,672
CompX International, Inc.		83		1,757
CoreCivic, Inc.*		6,186		66,561

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Deluxe Corp.	2,368	47,881
Ennis, Inc.	1,386	29,522
Enviri Corp.*	4,292	31,975
GEO Group, Inc. (The)*	6,477	46,893
Healthcare Services Group, Inc.	4,048	46,754
Heritage-Crystal Clean, Inc.*	854	38,515
HNI Corp.	2,512	82,293
Interface, Inc.	3,118	32,209
LanzaTech Global, Inc.*	1,122	7,428
Li-Cycle Holdings Corp.*(b)	7,503	33,313
Liquidity Services, Inc.*	1,290	23,542
Matthews International Corp., Class A	1,616	68,163
MillerKnoll, Inc.	4,132	78,921
Montrose Environmental Group, Inc.*	1,518	58,352
NL Industries, Inc.	456	2,357
OPENLANE, Inc.*	5,872	91,662
Performant Financial Corp.*	3,659	8,599
Pitney Bowes, Inc.	9,545	31,403
Quad/Graphics, Inc.*	1,691	8,641
SP Plus Corp.*	1,064	41,677
Steelcase, Inc., Class A	4,798	43,518
UniFirst Corp.	816	143,722
Viad Corp.*	1,107	31,428
VSE Corp.	581	32,972
		1,985,779
Communications Equipment - 0.6%
ADTRAN Holdings, Inc.	4,244	36,286
Aviat Networks, Inc.*	602	21,214
Calix, Inc.*	3,208	149,204
Cambium Networks Corp.*	660	6,079
Clearfield, Inc.*	712	25,027
CommScope Holding Co., Inc.*	11,273	37,652
Comtech Telecommunications Corp.	1,483	14,904
Digi International, Inc.*	1,912	63,823
DZS, Inc.*	1,184	2,747
Extreme Networks, Inc.*	6,865	188,444
Harmonic, Inc.*	5,990	63,973
Infinera Corp.*	10,849	50,773
KVH Industries, Inc.*	1,020	5,406
NETGEAR, Inc.*	1,554	20,482
NetScout Systems, Inc.*	3,710	106,217
Ribbon Communications, Inc.*	4,776	14,137
Viavi Solutions, Inc.*	12,162	127,093
		933,461
Construction & Engineering - 1.4%
Ameresco, Inc., Class A*	1,749	76,064
API Group Corp.*	11,381	320,375
Arcosa, Inc.	2,639	206,423
Argan, Inc.	689	29,269
Bowman Consulting Group Ltd.*	546	16,123
Comfort Systems USA, Inc.	1,926	355,482
Concrete Pumping Holdings, Inc.*	1,410	10,758
Construction Partners, Inc., Class A*	2,186	75,964
Dycom Industries, Inc.*	1,559	155,791
Eneti, Inc.	1,342	14,547
Fluor Corp.*	7,760	271,522
Granite Construction, Inc.	2,400	99,096
Great Lakes Dredge & Dock Corp.*	3,566	31,488
IES Holdings, Inc.*	446	33,441
INNOVATE Corp.*(b)	2,497	3,995
Limbach Holdings, Inc.*	501	18,101
MYR Group, Inc.*	894	127,011
Northwest Pipe Co.*	535	17,703
Primoris Services Corp.	2,889	102,184
Southland Holdings, Inc.*(b)	204	1,391
Sterling Infrastructure, Inc.*	1,629	134,816
Tutor Perini Corp.*	2,309	20,527
		2,122,071
Construction Materials - 0.3%
Knife River Corp.*	2,770	142,544
Summit Materials, Inc., Class A*	6,499	243,128
United States Lime & Minerals, Inc.	112	24,257
		409,929
Consumer Finance - 0.7%
Atlanticus Holdings Corp.*	252	8,795
Bread Financial Holdings, Inc.	2,746	103,195
Consumer Portfolio Services, Inc.*	504	4,672
Encore Capital Group, Inc.*	1,264	59,231
Enova International, Inc.*	1,655	83,495
FirstCash Holdings, Inc.	2,050	183,106
Green Dot Corp., Class A*	2,526	37,486
LendingClub Corp.*	5,789	40,291
LendingTree, Inc.*	572	10,817
Navient Corp.	5,034	88,850
Nelnet, Inc., Class A	792	72,745
NerdWallet, Inc., Class A*	1,862	16,758
OppFi, Inc.*(b)	585	1,509
PRA Group, Inc.*	2,101	40,928
PROG Holdings, Inc.*	2,519	86,402
Regional Management Corp.	427	11,734
Upstart Holdings, Inc.*(b)	3,920	126,106
World Acceptance Corp.*	203	27,366
		1,003,486
Consumer Staples Distribution & Retail - 0.5%
Andersons, Inc. (The)	1,751	89,931
Chefs' Warehouse, Inc. (The)*	1,915	54,654
HF Foods Group, Inc.*	2,189	10,354
Ingles Markets, Inc., Class A	765	59,770
Natural Grocers by Vitamin Cottage, Inc.	508	6,406
PriceSmart, Inc.	1,407	111,828
SpartanNash Co.	1,898	41,301
Sprouts Farmers Market, Inc.*	5,636	229,892
United Natural Foods, Inc.*	3,223	64,879
Village Super Market, Inc., Class A	464	10,463
Weis Markets, Inc.	896	58,124
		737,602
Containers & Packaging - 0.3%
Greif, Inc., Class A	1,347	97,779
Greif, Inc., Class B	281	20,943
Myers Industries, Inc.	1,988	37,394
O-I Glass, Inc.*	8,452	167,857
Pactiv Evergreen, Inc.	2,177	17,895
Ranpak Holdings Corp., Class A*	2,358	14,926
TriMas Corp.	2,257	59,133
		415,927
Distributors - 0.0%(d)
Weyco Group, Inc.	323	8,253
Diversified Consumer Services - 0.9%
2U, Inc.*	4,306	13,650
Adtalem Global Education, Inc.*	2,468	108,222
Carriage Services, Inc.	729	22,468

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Chegg, Inc.*		6,425		65,599
Coursera, Inc.*		7,082		123,156
Duolingo, Inc., Class A*		1,561		229,717
European Wax Center, Inc., Class A*(b)		1,857		32,238
Frontdoor, Inc.*		4,477		146,935
Graham Holdings Co., Class B		202		118,439
Laureate Education, Inc.		7,127		99,279
Lincoln Educational Services Corp.*		1,288		10,987
Nerdy, Inc.*		3,222		15,079
OneSpaWorld Holdings Ltd.*		3,969		45,405
Perdoceo Education Corp.		3,654		60,547
Rover Group, Inc., Class A*		5,051		34,195
Strategic Education, Inc.		1,231		95,402
Stride, Inc.*		2,307		98,024
Udemy, Inc.*		4,666		48,340
Universal Technical Institute, Inc.*		1,783		14,210
WW International, Inc.*		2,965		28,790
				1,410,682
Diversified REITs - 0.5%
Alexander & Baldwin, Inc., REIT		3,946		71,067
Alpine Income Property Trust, Inc., REIT		708		12,312
American Assets Trust, Inc., REIT		2,655		56,844
Armada Hoffler Properties, Inc., REIT		3,665		41,744
Broadstone Net Lease, Inc., REIT		10,228		165,387
CTO Realty Growth, Inc., REIT		1,218		21,461
Empire State Realty Trust, Inc., Class A, REIT		7,186		62,734
Essential Properties Realty Trust, Inc., REIT		8,096		194,466
Gladstone Commercial Corp., REIT		2,188		28,772
Global Net Lease, Inc., REIT		5,687		64,547
NexPoint Diversified Real Estate Trust, REIT		1,669		15,789
One Liberty Properties, Inc., REIT		884		17,371
Star Holdings, REIT*		705		9,602
				762,096
Diversified Telecommunication Services - 0.4%
Anterix, Inc.*		1,000		33,090
AST SpaceMobile, Inc., Class A*(b)		3,294		12,913
ATN International, Inc.		598		21,450
Bandwidth, Inc., Class A*		1,274		18,307
Charge Enterprises, Inc.*		7,323		3,979
Cogent Communications Holdings, Inc.		2,356		166,287
Consolidated Communications Holdings, Inc.*		4,036		15,942
EchoStar Corp., Class A*		1,830		31,805
Globalstar, Inc.*		37,545		54,065
IDT Corp., Class B*		847		19,803
Liberty Latin America Ltd., Class A*		1,972		17,630
Liberty Latin America Ltd., Class C*		7,825		70,112
Lumen Technologies, Inc.*		54,826		87,173
Ooma, Inc.*		1,297		18,275
Radius Global Infrastructure, Inc.*		4,618		68,901
				639,732
Electric Utilities - 0.6%
ALLETE, Inc.		3,145		172,661
Genie Energy Ltd., Class B		1,075		16,458
MGE Energy, Inc.		1,985		143,774
Otter Tail Corp.		2,246		185,003
PNM Resources, Inc.		4,665		206,706
Portland General Electric Co.		5,285		231,800
				956,402
Electrical Equipment - 1.4%
Allient, Inc.		753		25,624
Amprius Technologies, Inc.*		292		1,437
Array Technologies, Inc.*		8,240		204,929
Atkore, Inc.*		2,154		331,651
Babcock & Wilcox Enterprises, Inc.*		3,197		16,784
Blink Charging Co.*(b)		2,510		9,889
Bloom Energy Corp., Class A*		10,480		157,095
Dragonfly Energy Holdings Corp.*		828		1,424
Encore Wire Corp.		911		150,142
Energy Vault Holdings, Inc.*(b)		5,331		17,006
EnerSys		2,245		235,680
Enovix Corp.*(b)		7,447		102,620
Eos Energy Enterprises, Inc.*		5,851		19,016
ESS Tech, Inc.*(b)		4,960		7,093
Fluence Energy, Inc., Class A*(b)		2,140		56,389
FTC Solar, Inc.*		3,459		6,503
FuelCell Energy, Inc.*		22,272		31,181
GrafTech International Ltd.		10,542		37,319
LSI Industries, Inc.		1,423		22,412
NEXTracker, Inc., Class A*		2,357		99,277
NuScale Power Corp.*(b)		2,914		17,396
Powell Industries, Inc.		499		41,901
Preformed Line Products Co.		135		22,881
SES AI Corp.*		6,789		14,325
Shoals Technologies Group, Inc., Class A*		9,329		183,595
SKYX Platforms Corp.*		3,091		5,409
Stem, Inc.*(b)		7,745		39,422
SunPower Corp.*(b)		4,749		34,003
Thermon Group Holdings, Inc.*		1,819		49,986
TPI Composites, Inc.*		2,278		11,504
Vicor Corp.*		1,206		81,731
				2,035,624
Electronic Equipment, Instruments & Components - 2.5%
908 Devices, Inc.*(b)		1,192		8,570
Advanced Energy Industries, Inc.		2,047		241,689
Aeva Technologies, Inc.*(b)		4,321		4,073
Akoustis Technologies, Inc.*(b)		3,760		5,678
Arlo Technologies, Inc.*		4,699		45,909
Badger Meter, Inc.		1,601		265,894
Bel Fuse, Inc., Class B		569		29,759
Belden, Inc.		2,313		217,191
Benchmark Electronics, Inc.		1,924		49,524
Climb Global Solutions, Inc.		226		9,720
CTS Corp.		1,706		76,173
Daktronics, Inc.*		2,124		17,757
ePlus, Inc.*		1,446		95,985
Evolv Technologies Holdings, Inc.*		6,126		42,821
Fabrinet*		2,003		322,022
FARO Technologies, Inc.*		1,107		17,557
Insight Enterprises, Inc.*		1,562		250,061
Iteris, Inc.*		2,322		10,658
Itron, Inc.*		2,478		169,520
Kimball Electronics, Inc.*		1,303		39,338
Knowles Corp.*		4,890		78,387
Lightwave Logic, Inc.*(b)		6,236		39,349

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Luna Innovations, Inc.*		1,747		12,037
Methode Electronics, Inc.		1,923		62,017
MicroVision, Inc.*(b)		9,618		24,237
Mirion Technologies, Inc., Class A*		10,899		93,077
Napco Security Technologies, Inc.		1,717		42,547
nLight, Inc.*		2,398		27,361
Novanta, Inc.*		1,948		325,277
OSI Systems, Inc.*		862		117,534
PAR Technology Corp.*		1,449		63,003
PC Connection, Inc.		623		33,094
Plexus Corp.*		1,493		151,614
Presto Automation, Inc.*		173		576
Richardson Electronics Ltd.		651		8,196
Rogers Corp.*		942		136,128
Sanmina Corp.*		3,137		174,731
ScanSource, Inc.*		1,369		44,876
SmartRent, Inc., Class A*(b)		10,021		34,071
TTM Technologies, Inc.*		5,565		82,919
Vishay Intertechnology, Inc.		7,017		192,546
Vishay Precision Group, Inc.*		674		24,277
Vuzix Corp.*(b)		3,209		12,836
				3,700,589
Energy Equipment & Services - 2.4%
Archrock, Inc.		7,564		96,744
Atlas Energy Solutions, Inc., Class A		885		18,842
Borr Drilling Ltd.*		12,446		86,998
Bristow Group, Inc., Class A*		1,285		35,594
Cactus, Inc., Class A		3,517		187,597
ChampionX Corp.		10,827		390,746
Core Laboratories, Inc.		2,550		61,302
Diamond Offshore Drilling, Inc.*		5,534		82,291
DMC Global, Inc.*		1,062		25,509
Dril-Quip, Inc.*		1,851		51,051
Expro Group Holdings NV*		4,797		112,777
Forum Energy Technologies, Inc.*		533		12,621
Helix Energy Solutions Group, Inc.*		7,827		79,366
Helmerich & Payne, Inc.		5,466		218,585
KLX Energy Services Holdings, Inc.*(b)		689		7,169
Liberty Energy, Inc., Class A		9,301		148,351
Mammoth Energy Services, Inc.*		1,267		5,866
Nabors Industries Ltd.*		498		55,124
Newpark Resources, Inc.*		4,130		24,697
Noble Corp. plc		5,857		308,898
Oceaneering International, Inc.*		5,467		124,593
Oil States International, Inc.*		3,430		26,891
Patterson-UTI Energy, Inc.		19,210		271,629
ProFrac Holding Corp., Class A*(b)		1,313		14,443
ProPetro Holding Corp.*		5,364		51,709
Ranger Energy Services, Inc.		845		10,064
RPC, Inc.		4,626		36,962
SEACOR Marine Holdings, Inc.*		1,310		15,052
Seadrill Ltd.*		2,749		133,739
Select Water Solutions, Inc., Class A		4,632		37,288
Solaris Oilfield Infrastructure, Inc., Class A		1,751		18,421
TETRA Technologies, Inc.*		6,815		37,414
Tidewater, Inc.*		2,585		168,103
US Silica Holdings, Inc.*		4,100		50,553
Valaris Ltd.*		3,340		251,569
Weatherford International plc*		3,874		342,926
				3,601,484
Entertainment - 0.3%
Atlanta Braves Holdings, Inc., Class A*		546		22,845
Atlanta Braves Holdings, Inc., Class C*		2,398		88,342
Cinemark Holdings, Inc.*		5,980		97,354
IMAX Corp.*		2,444		46,754
Lions Gate Entertainment Corp., Class A*		3,169		25,099
Lions Gate Entertainment Corp., Class B*		6,297		46,913
Loop Media, Inc.*		1,982		1,726
Madison Square Garden Entertainment Corp.*		2,351		75,444
Marcus Corp. (The)		1,318		20,020
Playstudios, Inc.*		4,652		16,561
Reservoir Media, Inc.*(b)		1,079		5,881
Sphere Entertainment Co.*		1,419		49,750
Vivid Seats, Inc., Class A*		1,386		10,062
				506,751
Equity Real Estate Investment Trusts (REITs) - 0.0%(d)
Hudson Pacific Properties, Inc.		7,514		51,170
Financial Services - 2.0%
Acacia Research Corp.*(b)		2,067		7,875
Alerus Financial Corp.		990		19,305
A-Mark Precious Metals, Inc.		1,035		35,314
AvidXchange Holdings, Inc.*		8,126		83,535
Banco Latinoamericano de Comercio Exterior SA, Class E		1,496		35,306
Cannae Holdings, Inc.*		3,893		76,420
Cantaloupe, Inc.*		3,118		24,694
Cass Information Systems, Inc.		744		28,525
Compass Diversified Holdings		3,436		70,953
Enact Holdings, Inc.		1,632		46,773
Essent Group Ltd.		5,760		289,267
EVERTEC, Inc.		3,555		140,671
Federal Agricultural Mortgage Corp., Class C		497		83,655
Finance of America Cos., Inc., Class A*(b)		2,905		4,125
Flywire Corp.*		5,226		180,715
I3 Verticals, Inc., Class A*		1,225		28,971
International Money Express, Inc.*		1,679		29,047
Jackson Financial, Inc., Class A		4,428		166,493
Marqeta, Inc., Class A*		26,660		163,959
Merchants Bancorp		863		25,174
Mr Cooper Group, Inc.*		3,626		205,449
NewtekOne, Inc.		1,268		22,710
NMI Holdings, Inc., Class A*		4,465		127,788
Ocwen Financial Corp.*		349		10,561
Pagseguro Digital Ltd., Class A*		10,802		97,002
Payoneer Global, Inc.*		14,414		89,223
Paysafe Ltd.*		1,766		23,130
Paysign, Inc.*		1,775		3,994
PennyMac Financial Services, Inc.		1,388		99,617
Priority Technology Holdings, Inc.*		960		3,562
Radian Group, Inc.		8,562		231,859
Remitly Global, Inc.*		4,587		115,363
Repay Holdings Corp., Class A*		4,418		40,734

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Security National Financial Corp., Class A*		679		5,568
StoneCo Ltd., Class A*		15,835		194,137
SWK Holdings Corp.*		205		3,229
Velocity Financial, Inc.*		476		5,898
Walker & Dunlop, Inc.		1,731		147,723
Waterstone Financial, Inc.		1,003		12,447
				2,980,771
Food Products - 1.0%
Alico, Inc.		387		9,106
B&G Foods, Inc.(b)		3,867		49,459
Benson Hill, Inc.*		9,417		6,017
Beyond Meat, Inc.*(b)		3,224		38,043
BRC, Inc., Class A*		2,027		9,162
Calavo Growers, Inc.		941		31,015
Cal-Maine Foods, Inc.		2,077		99,260
Dole plc		3,891		46,381
Forafric Global plc*		284		3,164
Fresh Del Monte Produce, Inc.		1,852		47,319
Hain Celestial Group, Inc. (The)*		4,864		51,510
Hostess Brands, Inc., Class A*		7,226		205,796
J & J Snack Foods Corp.		819		132,784
John B Sanfilippo & Son, Inc.		488		48,971
Lancaster Colony Corp.		1,063		175,597
Limoneira Co.		952		14,670
Mission Produce, Inc.*		2,636		25,095
Seneca Foods Corp., Class A*		285		13,754
Simply Good Foods Co. (The)*		4,939		178,199
Sovos Brands, Inc.*		2,159		48,362
SunOpta, Inc.*		4,939		21,682
TreeHouse Foods, Inc.*		2,802		130,349
Utz Brands, Inc.		3,917		60,478
Vital Farms, Inc.*		1,661		19,567
Westrock Coffee Co.*		1,544		15,502
				1,481,242
Gas Utilities - 0.8%
Brookfield Infrastructure Corp., Class A		5,365		208,430
Chesapeake Utilities Corp.		951		104,705
New Jersey Resources Corp.		5,289		223,037
Northwest Natural Holding Co.		1,954		76,753
ONE Gas, Inc.		3,003		217,627
RGC Resources, Inc.		435		7,865
Southwest Gas Holdings, Inc.		3,361		208,147
Spire, Inc.		2,804		163,782
				1,210,346
Ground Transportation - 0.4%
ArcBest Corp.		1,313		138,640
Covenant Logistics Group, Inc., Class A		463		22,766
Daseke, Inc.*		2,202		11,671
FTAI Infrastructure, Inc.		5,381		18,726
Heartland Express, Inc.		2,549		38,464
Marten Transport Ltd.		3,160		66,360
PAM Transportation Services, Inc.*		336		7,748
RXO, Inc.*		6,322		114,302
TuSimple Holdings, Inc., Class A*		8,980		11,225
Universal Logistics Holdings, Inc.		369		10,007
Werner Enterprises, Inc.		3,445		143,346
				583,255
Health Care Equipment & Supplies - 2.7%
Accuray, Inc.*		5,071		14,452
Alphatec Holdings, Inc.*		4,190		68,506
AngioDynamics, Inc.*		2,052		16,478
Artivion, Inc.*		2,142		36,243
AtriCure, Inc.*		2,533		114,365
Atrion Corp.		75		34,882
Avanos Medical, Inc.*		2,516		52,937
Axogen, Inc.*		2,211		13,841
Axonics, Inc.*		2,668		152,876
Beyond Air, Inc.*(b)		1,394		4,245
Butterfly Network, Inc.*		7,587		13,429
Cerus Corp.*		9,647		18,233
ClearPoint Neuro, Inc.*		1,246		7,239
CONMED Corp.		1,667		185,804
Cutera, Inc.*		906		10,310
CVRx, Inc.*		605		10,497
Embecta Corp.		3,142		57,593
Glaukos Corp.*		2,549		191,532
Haemonetics Corp.*		2,727		244,694
Inari Medical, Inc.*		2,818		187,735
Inmode Ltd.*		4,212		164,647
Inogen, Inc.*		1,267		7,868
Integer Holdings Corp.*		1,806		154,070
iRadimed Corp.		398		18,399
iRhythm Technologies, Inc.*		1,669		172,524
KORU Medical Systems, Inc.*		1,900		4,978
Lantheus Holdings, Inc.*		3,700		253,228
LeMaitre Vascular, Inc.		1,074		62,088
LivaNova plc*		2,950		163,872
Merit Medical Systems, Inc.*		3,092		201,846
Nano-X Imaging Ltd.*		2,494		20,763
Neogen Corp.*		11,851		273,995
Nevro Corp.*		1,931		38,697
Omnicell, Inc.*		2,444		138,966
OraSure Technologies, Inc.*		4,056		26,202
Orchestra BioMed Holdings, Inc.*		228		1,423
Orthofix Medical, Inc.*		1,912		40,458
OrthoPediatrics Corp.*		863		32,984
Outset Medical, Inc.*		2,687		36,570
Paragon 28, Inc.*		2,388		34,220
PROCEPT BioRobotics Corp.*		1,962		66,924
Pulmonx Corp.*		1,994		20,857
Pulse Biosciences, Inc.*		878		4,135
RxSight, Inc.*		1,473		42,732
Sanara Medtech, Inc.*(b)		206		7,449
Semler Scientific, Inc.*		272		7,170
SI-BONE, Inc.*		1,891		43,266
Sight Sciences, Inc.*		1,175		7,708
Silk Road Medical, Inc.*		2,089		40,359
STAAR Surgical Co.*		2,643		114,600
Surmodics, Inc.*		749		27,578
Tactile Systems Technology, Inc.*		1,265		23,972
Tela Bio, Inc.*		863		8,337
TransMedics Group, Inc.*		1,725		113,212
Treace Medical Concepts, Inc.*		2,458		38,222
UFP Technologies, Inc.*		386		67,824
Utah Medical Products, Inc.		187		17,129
Varex Imaging Corp.*		2,110		41,504
Vicarious Surgical, Inc., Class A*(b)		3,809		3,522
Zimvie, Inc.*		1,405		16,579
Zynex, Inc.*(b)		1,071		8,247
				4,005,015
Health Care Providers & Services - 2.3%
23andMe Holding Co., Class A*		14,129		15,542
Accolade, Inc.*		3,590		48,429
AdaptHealth Corp., Class A*		4,003		47,756
Addus HomeCare Corp.*		851		74,633

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Agiliti, Inc.*		1,612		15,556
AirSculpt Technologies, Inc.*(b)		662		5,084
Alignment Healthcare, Inc.*		4,627		27,022
AMN Healthcare Services, Inc.*		2,207		195,055
Apollo Medical Holdings, Inc.*		2,329		88,176
Aveanna Healthcare Holdings, Inc.*(b)		2,731		3,933
Brookdale Senior Living, Inc.*		9,271		39,402
Cano Health, Inc.*(b)		12,989		4,017
CareMax, Inc.*(b)		4,086		9,112
Castle Biosciences, Inc.*		1,351		26,925
Community Health Systems, Inc.*		6,836		23,106
CorVel Corp.*		474		102,597
Cross Country Healthcare, Inc.*		1,872		48,223
DocGo, Inc.*		4,229		37,849
Enhabit, Inc.*		2,738		35,074
Ensign Group, Inc. (The)		2,966		297,252
Fulgent Genetics, Inc.*		1,113		36,462
Guardant Health, Inc.*		6,046		236,278
HealthEquity, Inc.*		4,572		308,839
Hims & Hers Health, Inc.*		6,646		44,595
InfuSystem Holdings, Inc.*		988		10,157
Innovage Holding Corp.*		1,029		5,639
Invitae Corp.*(b)		14,288		13,203
Joint Corp. (The)*		774		7,190
LifeStance Health Group, Inc.*		5,770		47,372
ModivCare, Inc.*		693		22,245
National HealthCare Corp.		679		44,780
National Research Corp.		783		32,729
NeoGenomics, Inc.*		6,928		104,128
OPKO Health, Inc.*(b)		21,929		40,130
Option Care Health, Inc.*		9,253		322,282
Owens & Minor, Inc.*		4,039		68,259
P3 Health Partners, Inc.*		2,166		4,289
Patterson Cos., Inc.		4,791		143,922
Pediatrix Medical Group, Inc.*		4,577		64,673
Pennant Group, Inc. (The)*		1,575		18,868
PetIQ, Inc., Class A*		1,486		28,353
Privia Health Group, Inc.*		3,679		96,574
Progyny, Inc.*		4,272		159,516
Quipt Home Medical Corp.*		2,194		12,966
RadNet, Inc.*		2,685		89,706
Select Medical Holdings Corp.		5,654		165,153
Surgery Partners, Inc.*		3,672		133,147
US Physical Therapy, Inc.		705		71,085
Viemed Healthcare, Inc.*		1,856		14,681
				3,491,964
Health Care REITs - 0.5%
CareTrust REIT, Inc., REIT		5,449		109,797
Community Healthcare Trust, Inc., REIT		1,389		46,101
Diversified Healthcare Trust, REIT		12,997		35,287
Global Medical REIT, Inc., REIT		3,317		32,109
LTC Properties, Inc., REIT		2,231		73,311
National Health Investors, Inc., REIT		2,271		116,116
Physicians Realty Trust, REIT		12,950		180,134
Sabra Health Care REIT, Inc., REIT		12,594		157,803
Universal Health Realty Income Trust, REIT		700		32,641
				783,299
Health Care Technology - 0.5%
American Well Corp., Class A*		13,334		18,934
Computer Programs and Systems, Inc.*		777		12,642
Definitive Healthcare Corp.*		2,454		23,068
Evolent Health, Inc., Class A*		5,990		152,805
Health Catalyst, Inc.*		3,035		35,479
HealthStream, Inc.		1,327		27,907
Multiplan Corp.*		20,591		35,211
NextGen Healthcare, Inc.*		2,944		53,610
OptimizeRx Corp.*		904		7,702
Phreesia, Inc.*		2,777		79,061
Schrodinger, Inc.*		2,963		109,305
Sharecare, Inc.*		16,766		15,887
Simulations Plus, Inc.		862		38,350
Veradigm, Inc.*		5,868		78,514
				688,475
Hotel & Resort REITs - 0.7%
Apple Hospitality REIT, Inc., REIT		11,732		176,215
Braemar Hotels & Resorts, Inc., REIT		3,567		9,702
Chatham Lodging Trust, REIT		2,622		25,643
DiamondRock Hospitality Co., REIT		11,440		92,206
Hersha Hospitality Trust, Class A, REIT		1,701		16,704
Pebblebrook Hotel Trust, REIT		6,609		95,632
RLJ Lodging Trust, REIT		8,653		86,444
Ryman Hospitality Properties, Inc., REIT		3,143		267,249
Service Properties Trust, REIT		8,972		74,109
Summit Hotel Properties, Inc., REIT		5,701		33,123
Sunstone Hotel Investors, Inc., REIT		11,335		101,788
Xenia Hotels & Resorts, Inc., REIT		6,071		71,638
				1,050,453
Hotels, Restaurants & Leisure - 2.0%
Accel Entertainment, Inc., Class A*		2,933		34,873
Bally's Corp.*		1,604		26,626
Biglari Holdings, Inc., Class B*		40		7,440
BJ's Restaurants, Inc.*		1,238		36,410
Bloomin' Brands, Inc.		4,768		133,790
Bluegreen Vacations Holding Corp.		587		21,050
Bowlero Corp.*		1,599		17,589
Brinker International, Inc.*		2,386		78,094
Carrols Restaurant Group, Inc.*		1,998		13,946
Century Casinos, Inc.*		1,495		9,718
Cheesecake Factory, Inc. (The)		2,639		84,052
Chuy's Holdings, Inc.*		982		37,414
Cracker Barrel Old Country Store, Inc.		1,200		98,916
Dave & Buster's Entertainment, Inc.*		2,359		92,638
Denny's Corp.*		2,970		28,304
Dine Brands Global, Inc.		851		46,618
El Pollo Loco Holdings, Inc.		1,556		14,798
Everi Holdings, Inc.*		4,591		66,386
Fiesta Restaurant Group, Inc.*		962		8,090
First Watch Restaurant Group, Inc.*		822		15,717
Full House Resorts, Inc.*		1,786		8,626
Global Business Travel Group I*		1,754		11,840
Golden Entertainment, Inc.		1,101		40,087
Hilton Grand Vacations, Inc.*		4,427		193,548
Inspired Entertainment, Inc.*		1,180		15,552

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
International Game Technology plc		5,908		189,174
Jack in the Box, Inc.		1,130		90,818
Krispy Kreme, Inc.		4,762		63,763
Kura Sushi USA, Inc., Class A*		317		27,696
Life Time Group Holdings, Inc.*		2,429		41,779
Light & Wonder, Inc.*		4,969		380,973
Lindblad Expeditions Holdings, Inc.*		1,901		17,204
Monarch Casino & Resort, Inc.		733		49,404
Mondee Holdings, Inc.*		2,468		15,968
Nathan's Famous, Inc.		153		11,125
Noodles & Co., Class A*		2,183		6,069
ONE Group Hospitality, Inc. (The)*		1,194		8,179
Papa John's International, Inc.		1,899		143,754
PlayAGS, Inc.*		2,008		13,715
Portillo's, Inc., Class A*		2,310		42,365
Potbelly Corp.*		1,419		11,338
RCI Hospitality Holdings, Inc.		466		30,421
Red Robin Gourmet Burgers, Inc.*		863		8,949
Red Rock Resorts, Inc., Class A		2,590		113,779
Rush Street Interactive, Inc.*		3,425		15,755
Sabre Corp.*(b)		17,828		89,140
SeaWorld Entertainment, Inc.*		2,169		105,630
Shake Shack, Inc., Class A*		2,055		143,850
Six Flags Entertainment Corp.*		3,930		90,233
Super Group SGHC Ltd.*(b)		7,419		28,044
Sweetgreen, Inc., Class A*		5,255		75,462
Target Hospitality Corp.*(b)		1,700		27,030
Xponential Fitness, Inc., Class A*		1,344		29,111
				3,012,850
Household Durables - 1.8%
Beazer Homes USA, Inc.*		1,603		46,984
Cavco Industries, Inc.*		476		133,051
Century Communities, Inc.		1,548		114,939
Cricut, Inc., Class A(b)		2,601		24,605
Dream Finders Homes, Inc., Class A*(b)		1,317		37,956
Ethan Allen Interiors, Inc.		1,242		38,974
GoPro, Inc., Class A*		7,037		25,579
Green Brick Partners, Inc.*		1,435		70,975
Helen of Troy Ltd.*		1,310		161,025
Hooker Furnishings Corp.		598		12,875
Hovnanian Enterprises, Inc., Class A*		262		31,136
Installed Building Products, Inc.		1,290		186,702
iRobot Corp.*		1,491		57,985
KB Home		4,032		204,826
Landsea Homes Corp.*		731		7,083
La-Z-Boy, Inc.		2,362		72,868
Legacy Housing Corp.*		539		12,219
LGI Homes, Inc.*		1,132		139,349
Lovesac Co. (The)*		763		17,488
M/I Homes, Inc.*		1,466		143,932
MDC Holdings, Inc.		3,194		151,555
Meritage Homes Corp.		1,982		275,577
Purple Innovation, Inc., Class A(b)		3,494		7,582
Skyline Champion Corp.*		2,915		207,752
Snap One Holdings Corp.*(b)		994		9,095
Sonos, Inc.*		6,910		95,220
Taylor Morrison Home Corp., Class A*		5,724		271,318
Traeger, Inc.*		1,910		8,538
Tri Pointe Homes, Inc.*		5,397		167,847
United Homes Group, Inc.*		335		2,804
Vizio Holding Corp., Class A*		4,124		23,672
VOXX International Corp., Class A*		756		6,532
				2,768,043
Household Products - 0.3%
Central Garden & Pet Co.*		532		23,482
Central Garden & Pet Co., Class A*		2,142		87,394
Energizer Holdings, Inc.		3,898		133,896
Oil-Dri Corp. of America		267		17,996
WD-40 Co.		739		158,789
				421,557
Independent Power and Renewable Electricity Producers - 0.2%
Altus Power, Inc., Class A*		3,475		22,448
Montauk Renewables, Inc.*		3,625		34,619
Ormat Technologies, Inc.		2,910		220,985
Sunnova Energy International, Inc.*(b)		5,493		76,408
				354,460
Industrial Conglomerates - 0.0%(d)
Brookfield Business Corp., Class A		1,414		24,971
Industrial REITs - 0.4%
Innovative Industrial Properties, Inc., REIT		1,519		132,578
LXP Industrial Trust, REIT		15,765		154,812
Plymouth Industrial REIT, Inc., REIT		2,336		53,518
Terreno Realty Corp., REIT		4,449		270,900
				611,808
Insurance - 1.5%
Ambac Financial Group, Inc.*		2,407		31,002
American Coastal Insurance Corp.*		1,066		7,990
American Equity Investment Life Holding Co.		4,230		227,066
AMERISAFE, Inc.		1,037		53,717
Argo Group International Holdings Ltd.		1,740		51,765
BRP Group, Inc., Class A*		3,215		85,487
CNO Financial Group, Inc.		6,191		144,869
Crawford & Co., Class A		788		8,439
Donegal Group, Inc., Class A		836		12,214
eHealth, Inc.*		1,329		10,393
Employers Holdings, Inc.		1,458		57,197
Enstar Group Ltd.*		649		164,385
F&G Annuities & Life, Inc.		1,019		28,848
Genworth Financial, Inc., Class A*		26,428		153,018
GoHealth, Inc., Class A*		213		3,385
Goosehead Insurance, Inc., Class A*		1,172		81,876
Greenlight Capital Re Ltd., Class A*		1,405		15,497
HCI Group, Inc.		350		18,648
Hippo Holdings, Inc.*		570		5,689
Horace Mann Educators Corp.		2,236		64,084
Investors Title Co.		66		9,497
James River Group Holdings Ltd.		2,014		29,324
Kingsway Financial Services, Inc.*		579		5,113
Lemonade, Inc.*(b)		2,758		37,950
Maiden Holdings Ltd.*		4,936		8,441
MBIA, Inc.*		2,631		20,759
Mercury General Corp.		1,458		41,713
National Western Life Group, Inc., Class A		124		56,363
NI Holdings, Inc.*		449		5,729

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Oscar Health, Inc., Class A*		8,410		52,731
Palomar Holdings, Inc.*		1,327		67,690
ProAssurance Corp.		2,938		51,944
Root, Inc., Class A*		1		11
Safety Insurance Group, Inc.		781		53,787
Selective Insurance Group, Inc.		3,276		325,012
Selectquote, Inc.*		7,418		9,050
SiriusPoint Ltd.*		4,974		55,012
Skyward Specialty Insurance Group, Inc.*		567		13,789
Stewart Information Services Corp.		1,456		67,442
Tiptree, Inc., Class A		1,305		22,994
Trupanion, Inc.*		2,153		64,009
United Fire Group, Inc.		1,144		22,617
Universal Insurance Holdings, Inc.		1,377		17,433
				2,263,979
Interactive Media & Services - 0.6%
Bumble, Inc., Class A*		5,505		92,374
Cargurus, Inc., Class A*		5,321		96,363
Cars.com, Inc.*		3,619		67,639
DHI Group, Inc.*		2,369		8,931
Eventbrite, Inc., Class A*		4,206		42,607
EverQuote, Inc., Class A*		1,152		7,119
fuboTV, Inc.*(b)		11,067		25,897
Grindr, Inc.*(b)		2,230		11,462
Liberty TripAdvisor Holdings, Inc., Class B*		28		867
MediaAlpha, Inc., Class A*		1,128		9,464
Nextdoor Holdings, Inc.*		7,914		17,173
Outbrain, Inc.*		2,232		12,745
QuinStreet, Inc.*		2,826		27,977
Shutterstock, Inc.		1,342		56,512
System1, Inc.*		1,347		2,398
TrueCar, Inc.*		4,795		11,460
Vimeo, Inc.*		8,279		32,950
Yelp, Inc.*		3,663		156,959
Ziff Davis, Inc.*		2,561		170,691
ZipRecruiter, Inc., Class A*		3,793		57,616
				909,204
IT Services - 0.4%
BigBear.ai Holdings, Inc.*(b)		1,460		2,394
BigCommerce Holdings, Inc., Series 1*		3,655		38,743
Brightcove, Inc.*		2,347		9,036
DigitalOcean Holdings, Inc.*		3,449		93,295
Fastly, Inc., Class A*		6,450		153,446
Grid Dynamics Holdings, Inc.*		3,016		35,076
Hackett Group, Inc. (The)		1,360		32,055
Information Services Group, Inc.		1,908		9,922
Perficient, Inc.*		1,867		119,096
Rackspace Technology, Inc.*		4,285		10,713
Squarespace, Inc., Class A*		2,430		73,265
Thoughtworks Holding, Inc.*		5,034		25,019
Tucows, Inc., Class A*		540		12,771
Unisys Corp.*		3,615		14,568
				629,399
Leisure Products - 0.4%
Acushnet Holdings Corp.		1,698		99,418
AMMO, Inc.*(b)		4,904		11,230
Clarus Corp.		1,591		11,439
Escalade, Inc.		541		8,110
Funko, Inc., Class A*		1,891		13,180
JAKKS Pacific, Inc.*		393		7,734
Johnson Outdoors, Inc., Class A		294		16,438
Latham Group, Inc.*		2,112		7,814
Malibu Boats, Inc., Class A*		1,106		53,707
Marine Products Corp.		457		6,393
MasterCraft Boat Holdings, Inc.*		954		20,759
Smith & Wesson Brands, Inc.		2,487		29,197
Solo Brands, Inc., Class A*		1,194		6,675
Sturm Ruger & Co., Inc.		951		49,053
Topgolf Callaway Brands Corp.*		7,829		136,538
Vista Outdoor, Inc.*		3,067		89,710
				567,395
Life Sciences Tools & Services - 0.3%
Adaptive Biotechnologies Corp.*		6,176		41,812
Akoya Biosciences, Inc.*		989		5,143
BioLife Solutions, Inc.*		1,892		24,993
Codexis, Inc.*		3,625		6,307
CryoPort, Inc.*		2,331		32,867
Cytek Biosciences, Inc.*		6,589		50,076
Harvard Bioscience, Inc.*		2,127		9,380
MaxCyte, Inc.*		4,751		17,389
Mesa Laboratories, Inc.		280		40,141
NanoString Technologies, Inc.*		2,571		6,582
Nautilus Biotechnology, Inc., Class A*		2,745		8,866
OmniAb, Inc.*		5,069		29,400
Pacific Biosciences of California, Inc.*		13,704		154,581
Quanterix Corp.*		1,915		51,322
Quantum-Si, Inc.*		5,461		12,779
Seer, Inc., Class A*		3,188		8,384
SomaLogic, Inc.*		8,217		18,160
				518,182
Machinery - 3.2%
374Water, Inc.*(b)		3,220		4,830
3D Systems Corp.*		6,935		43,760
Alamo Group, Inc.		549		94,236
Albany International Corp., Class A		1,702		157,809
Astec Industries, Inc.		1,236		67,758
Barnes Group, Inc.		2,665		104,734
Blue Bird Corp.*		955		20,867
Chart Industries, Inc.*		2,296		414,612
CIRCOR International, Inc.*		989		55,077
Columbus McKinnon Corp.		1,535		57,823
Commercial Vehicle Group, Inc.*		1,747		16,090
Desktop Metal, Inc., Class A*(b)		15,252		27,454
Douglas Dynamics, Inc.		1,227		37,141
Energy Recovery, Inc.*		3,030		82,355
Enerpac Tool Group Corp.		3,125		81,875
EnPro Industries, Inc.		1,140		155,485
ESCO Technologies, Inc.		1,393		149,065
Federal Signal Corp.		3,261		198,758
Franklin Electric Co., Inc.		2,513		243,032
Gencor Industries, Inc.*		573		8,182
Gorman-Rupp Co. (The)		1,245		40,014
Greenbrier Cos., Inc. (The)		1,717		73,076
Helios Technologies, Inc.		1,783		103,200
Hillenbrand, Inc.		3,758		182,038
Hillman Solutions Corp.*		9,387		84,952
Hyliion Holdings Corp.*		8,026		9,792
Hyster-Yale Materials Handling, Inc.		590		26,945
John Bean Technologies Corp.		1,733		190,474
Kadant, Inc.		636		139,755
Kennametal, Inc.		4,388		116,150
Lindsay Corp.		601		74,584

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Luxfer Holdings plc		1,492		17,949
Manitowoc Co., Inc. (The)*		1,896		32,080
Mayville Engineering Co., Inc.*		601		7,056
Microvast Holdings, Inc.*(b)		5,715		12,744
Miller Industries, Inc.		604		24,160
Mueller Industries, Inc.		3,050		235,338
Mueller Water Products, Inc., Class A		8,444		119,229
Nikola Corp.*(b)		32,281		38,092
Omega Flex, Inc.		178		14,899
Park-Ohio Holdings Corp.		456		8,532
Proto Labs, Inc.*		1,434		42,303
REV Group, Inc.		1,722		23,385
Shyft Group, Inc. (The)		1,872		29,353
SPX Technologies, Inc.*		2,402		189,806
Standex International Corp.		642		98,630
Tennant Co.		1,007		83,007
Terex Corp.		3,656		221,590
Titan International, Inc.*		2,851		35,894
Trinity Industries, Inc.		4,417		110,734
Velo3D, Inc.*(b)		4,839		7,646
Wabash National Corp.		2,581		58,202
Watts Water Technologies, Inc., Class A		1,488		280,890
				4,753,442
Marine Transportation - 0.2%
Costamare, Inc.		2,635		27,167
Eagle Bulk Shipping, Inc.(b)		742		32,470
Genco Shipping & Trading Ltd.		2,289		31,291
Golden Ocean Group Ltd.(b)		6,696		48,948
Himalaya Shipping Ltd.*(b)		1,489		7,385
Matson, Inc.		1,939		170,399
Pangaea Logistics Solutions Ltd.		1,981		11,173
Safe Bulkers, Inc.		3,841		12,329
				341,162
Media - 0.6%
Advantage Solutions, Inc.*		4,723		13,224
AMC Networks, Inc., Class A*		1,680		19,555
Boston Omaha Corp., Class A*		1,256		22,206
Cardlytics, Inc.*		1,837		30,604
Clear Channel Outdoor Holdings, Inc.*		20,168		29,244
Daily Journal Corp.*		73		21,520
Emerald Holding, Inc.*		849		3,583
Entravision Communications Corp., Class A		3,272		12,532
EW Scripps Co. (The), Class A*		3,236		24,723
Gambling.com Group Ltd.*		580		8,224
Gannett Co., Inc.*		7,844		22,826
Gray Television, Inc.		4,504		36,302
iHeartMedia, Inc., Class A*		5,584		20,158
Integral Ad Science Holding Corp.*		2,054		29,311
John Wiley & Sons, Inc., Class A		2,322		86,286
Magnite, Inc.*		7,283		60,085
PubMatic, Inc., Class A*		2,352		32,693
Quotient Technology, Inc.*		4,921		19,635
Scholastic Corp.		1,556		67,608
Sinclair, Inc.		1,915		24,167
Stagwell, Inc., Class A*		5,886		32,079
TechTarget, Inc.*		1,418		40,767
TEGNA, Inc.		12,193		201,550
Thryv Holdings, Inc.*		1,686		34,378
Townsquare Media, Inc., Class A		635		6,134
Urban One, Inc., Class A*		451		2,508
Urban One, Inc., Class D*		682		3,676
WideOpenWest, Inc.*		2,796		22,648
				928,226
Metals & Mining - 1.6%
5E Advanced Materials, Inc.*(b)		2,138		5,473
Alpha Metallurgical Resources, Inc.		705		143,002
Arch Resources, Inc.		996		130,078
ATI, Inc.*		7,017		318,081
Caledonia Mining Corp. plc(b)		892		9,223
Carpenter Technology Corp.		2,621		164,153
Century Aluminum Co.*		2,862		21,293
Coeur Mining, Inc.*		17,382		41,891
Commercial Metals Co.		6,374		358,793
Compass Minerals International, Inc.		1,863		56,169
Constellium SE, Class A*		6,888		123,984
Contango ORE, Inc.*(b)		203		3,701
Dakota Gold Corp.*		2,923		8,418
Haynes International, Inc.		680		33,191
Hecla Mining Co.		32,677		143,452
i-80 Gold Corp.*		10,503		20,796
Ivanhoe Electric, Inc.*(b)		3,034		47,421
Kaiser Aluminum Corp.		868		65,899
Materion Corp.		1,117		121,518
NioCorp Developments Ltd.*		106		392
Novagold Resources, Inc.*		13,153		54,190
Olympic Steel, Inc.		536		28,687
Perpetua Resources Corp.*		2,053		6,795
Piedmont Lithium, Inc.*		976		43,686
PolyMet Mining Corp.*		1,857		3,863
Ramaco Resources, Inc., Class A		1,226		9,612
Ramaco Resources, Inc., Class B(b)		245		2,656
Ryerson Holding Corp.		1,225		38,147
Schnitzer Steel Industries, Inc., Class A		1,407		46,712
SunCoke Energy, Inc.		4,546		42,278
TimkenSteel Corp.*		2,365		51,817
Tredegar Corp.		1,435		7,218
Warrior Met Coal, Inc.		2,815		111,361
Worthington Industries, Inc.		1,675		126,077
				2,390,027
Mortgage Real Estate Investment Trusts (REITs) - 1.1%
AFC Gamma, Inc.		891		11,815
Angel Oak Mortgage REIT, Inc.		643		5,993
Apollo Commercial Real Estate Finance, Inc.		7,724		84,346
Arbor Realty Trust, Inc.(b)		9,766		155,865
Ares Commercial Real Estate Corp.		2,827		29,259
ARMOUR Residential REIT, Inc.(b)		10,672		52,400
Blackstone Mortgage Trust, Inc., Class A		9,375		206,437
BrightSpire Capital, Inc., Class A		7,008		48,776
Chicago Atlantic Real Estate Finance, Inc.		890		13,457
Chimera Investment Corp.		12,666		76,629
Claros Mortgage Trust, Inc.		4,937		56,232
Dynex Capital, Inc.		2,938		38,076
Ellington Financial, Inc.		3,553		47,504
Franklin BSP Realty Trust, Inc.		4,522		63,941
Granite Point Mortgage Trust, Inc.		2,779		14,840
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		5,629		125,921
Invesco Mortgage Capital, Inc.(b)		2,282		25,675

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
KKR Real Estate Finance Trust, Inc.		3,204		40,082
Ladder Capital Corp.		6,161		67,525
MFA Financial, Inc.		5,565		60,992
New York Mortgage Trust, Inc.		4,950		47,124
Nexpoint Real Estate Finance, Inc.		439		7,502
Orchid Island Capital, Inc.		2,141		20,532
PennyMac Mortgage Investment Trust		4,807		64,462
Ready Capital Corp.		8,714		95,157
Redwood Trust, Inc.		6,196		49,630
TPG RE Finance Trust, Inc.		3,757		28,253
Two Harbors Investment Corp.		5,290		72,843
				1,611,268
Multi-Utilities - 0.4%
Avista Corp.		4,105		136,655
Black Hills Corp.		3,626		199,430
NorthWestern Corp.		3,275		165,060
Unitil Corp.		868		42,376
				543,521
Office REITs - 0.6%
Brandywine Realty Trust, REIT		9,258		46,290
City Office REIT, Inc., REIT		2,121		10,690
Corporate Office Properties Trust, REIT		6,135		158,774
Douglas Emmett, Inc., REIT		9,251		126,461
Easterly Government Properties, Inc., Class A, REIT		5,038		67,358
Equity Commonwealth, REIT		5,709		108,642
JBG SMITH Properties, REIT		6,083		95,381
Office Properties Income Trust, REIT		2,618		19,373
Orion Office REIT, Inc., REIT		3,109		18,126
Paramount Group, Inc., REIT		10,064		51,729
Peakstone Realty Trust, REIT		1,513		29,730
Piedmont Office Realty Trust, Inc., Class A, REIT		6,718		46,153
Postal Realty Trust, Inc., Class A, REIT		1,019		14,704
SL Green Realty Corp., REIT(b)		3,583		140,669
				934,080
Oil, Gas & Consumable Fuels - 4.3%
Amplify Energy Corp.*		1,972		12,897
Ardmore Shipping Corp.		2,234		27,791
Berry Corp.		4,149		35,557
California Resources Corp.		3,908		218,223
Callon Petroleum Co.*		3,333		130,754
Centrus Energy Corp., Class A*		668		31,703
Chord Energy Corp.		2,277		367,735
Civitas Resources, Inc.		3,767		309,723
Clean Energy Fuels Corp.*		9,226		39,303
CNX Resources Corp.*		8,883		198,535
Comstock Resources, Inc.(b)		5,001		61,312
CONSOL Energy, Inc.		1,847		158,916
Crescent Energy Co., Class A		2,080		28,350
CVR Energy, Inc.		1,613		52,745
Delek US Holdings, Inc.		3,618		93,163
Denbury, Inc.*		2,736		250,563
DHT Holdings, Inc.		7,461		69,014
Dorian LPG Ltd.		1,743		44,969
Earthstone Energy, Inc., Class A*		3,107		63,321
Empire Petroleum Corp.*		551		4,816
Encore Energy Corp.*		7,699		19,786
Energy Fuels, Inc.*		8,545		60,926
Enviva, Inc.		1,702		15,658
Equitrans Midstream Corp.		23,765		228,144
Evolution Petroleum Corp.		1,715		14,509
Excelerate Energy, Inc., Class A		984		18,302
FLEX LNG Ltd.(b)		1,620		49,054
Gevo, Inc.*(b)		12,714		16,655
Golar LNG Ltd.		5,512		121,815
Granite Ridge Resources, Inc.		1,413		10,456
Green Plains, Inc.*		3,164		98,211
Gulfport Energy Corp.*		546		64,428
Hallador Energy Co.*		1,242		13,339
HighPeak Energy, Inc.(b)		579		8,529
International Seaways, Inc.		2,210		94,964
Kinetik Holdings, Inc., Class A(b)		934		32,793
Kosmos Energy Ltd.*		24,836		180,806
Magnolia Oil & Gas Corp., Class A		9,975		227,430
Matador Resources Co.		6,165		391,477
Murphy Oil Corp.		8,086		367,104
NACCO Industries, Inc., Class A		228		7,433
NextDecade Corp.*(b)		1,666		10,113
Nordic American Tankers Ltd.		11,164		43,651
Northern Oil and Gas, Inc.		4,087		170,959
Overseas Shipholding Group, Inc., Class A*		3,138		13,807
Par Pacific Holdings, Inc.*		3,006		103,256
PBF Energy, Inc., Class A		6,331		296,861
Peabody Energy Corp.(b)		6,780		146,312
Permian Resources Corp., Class A		13,830		196,109
PrimeEnergy Resources Corp.*		40		3,880
REX American Resources Corp.*		843		33,290
Riley Exploration Permian, Inc.(b)		481		16,109
Ring Energy, Inc.*(b)		6,521		12,325
SandRidge Energy, Inc.		1,736		27,759
Scorpio Tankers, Inc.		2,866		144,762
SFL Corp. Ltd.		6,263		70,772
SilverBow Resources, Inc.*		961		41,112
Sitio Royalties Corp.		4,391		111,531
SM Energy Co.		6,532		276,369
Talos Energy, Inc.*		6,083		104,749
Teekay Corp.*		3,626		23,243
Teekay Tankers Ltd., Class A		1,301		52,925
Tellurian, Inc.*(b)		28,995		32,474
Uranium Energy Corp.*		20,011		86,448
VAALCO Energy, Inc.		5,860		24,260
Verde Clean Fuels, Inc.*(b)		233		986
Vertex Energy, Inc.*(b)		3,671		15,565
Vital Energy, Inc.*		919		55,407
Vitesse Energy, Inc.		1,363		31,676
W&T Offshore, Inc.*		5,346		21,812
World Kinect Corp.		3,356		73,496
				6,483,227
Paper & Forest Products - 0.1%
Clearwater Paper Corp.*		911		34,882
Glatfelter Corp.*		2,406		4,812
Sylvamo Corp.		1,981		82,747
				122,441
Passenger Airlines - 0.4%
Allegiant Travel Co.		860		76,402
Blade Air Mobility, Inc.*(b)		3,181		10,147
Frontier Group Holdings, Inc.*		2,072		13,012
Hawaiian Holdings, Inc.*		2,771		23,775
JetBlue Airways Corp.*		17,991		106,507
Joby Aviation, Inc.*(b)		15,161		112,950
SkyWest, Inc.*		2,627		118,478

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Spirit Airlines, Inc.		5,968		98,472
Sun Country Airlines Holdings, Inc.*		2,051		30,539
				590,282
Personal Care Products - 0.8%
Beauty Health Co. (The)*		4,448		27,400
BellRing Brands, Inc.*		7,294		302,701
Edgewell Personal Care Co.		2,787		107,467
elf Beauty, Inc.*		2,732		378,956
Herbalife Ltd.*		5,376		80,747
Inter Parfums, Inc.		999		139,590
Medifast, Inc.		584		49,255
Nature's Sunshine Products, Inc.*		717		12,053
Nu Skin Enterprises, Inc., Class A		2,712		64,790
Thorne HealthTech, Inc.*		763		7,729
USANA Health Sciences, Inc.*		618		39,731
Waldencast plc*(b)		1,090		8,578
				1,218,997
Pharmaceuticals - 1.7%
Aclaris Therapeutics, Inc.*		3,776		28,245
Amneal Pharmaceuticals, Inc.*		6,627		27,104
Amphastar Pharmaceuticals, Inc.*		2,066		110,138
Amylyx Pharmaceuticals, Inc.*		2,761		59,527
ANI Pharmaceuticals, Inc.*		701		45,137
Arvinas, Inc.*		2,670		75,321
Assertio Holdings, Inc.*		4,937		16,193
Atea Pharmaceuticals, Inc.*		4,168		14,005
Axsome Therapeutics, Inc.*(b)		1,789		144,551
Biote Corp., Class A*		761		3,759
Bright Green Corp.*(b)		3,280		1,532
Cara Therapeutics, Inc.*		2,543		6,536
Cassava Sciences, Inc.*(b)		2,162		45,337
Citius Pharmaceuticals, Inc.*(b)		6,681		6,094
Collegium Pharmaceutical, Inc.*		1,885		44,147
Corcept Therapeutics, Inc.*		4,363		142,801
CorMedix, Inc.*		2,426		9,874
Cymabay Therapeutics, Inc.*		5,333		73,329
Edgewise Therapeutics, Inc.*		2,326		14,538
Enliven Therapeutics, Inc.*(b)		1,269		19,822
Evolus, Inc.*		2,251		22,262
Eyenovia, Inc.*		1,512		2,858
EyePoint Pharmaceuticals, Inc.*		1,424		14,112
Harmony Biosciences Holdings, Inc.*		1,793		64,996
Harrow Health, Inc.*(b)		1,414		21,450
Ikena Oncology, Inc.*		1,156		5,364
Innoviva, Inc.*		3,372		42,993
Intra-Cellular Therapies, Inc.*		5,094		282,819
Ligand Pharmaceuticals, Inc.*		906		59,588
Liquidia Corp.*		2,580		17,725
Longboard Pharmaceuticals, Inc.*		847		4,904
Marinus Pharmaceuticals, Inc.*(b)		2,709		19,261
NGM Biopharmaceuticals, Inc.*		2,369		4,477
Nuvation Bio, Inc.*		7,920		12,989
Ocular Therapeutix, Inc.*		4,243		16,039
Omeros Corp.*(b)		3,310		11,453
Optinose, Inc.*		3,964		4,717
Pacira BioSciences, Inc.*		2,477		87,438
Phathom Pharmaceuticals, Inc.*		1,338		19,254
Phibro Animal Health Corp., Class A		1,112		15,512
Pliant Therapeutics, Inc.*		3,072		51,855
Prestige Consumer Healthcare, Inc.*		2,710		158,074
Rain Oncology, Inc.*(b)		924		970
Reata Pharmaceuticals, Inc., Class A*		1,554		262,626
Revance Therapeutics, Inc.*		4,535		79,952
Scilex Holding Co.*		3,181		9,129
scPharmaceuticals, Inc.*		1,570		12,058
SIGA Technologies, Inc.		2,505		11,498
Supernus Pharmaceuticals, Inc.*		2,672		85,077
Taro Pharmaceutical Industries Ltd.*(b)		445		17,631
Tarsus Pharmaceuticals, Inc.*		1,282		22,448
Terns Pharmaceuticals, Inc.*(b)		2,330		12,279
Theravance Biopharma, Inc.*		3,353		31,921
Theseus Pharmaceuticals, Inc.*		1,100		3,454
Third Harmonic Bio, Inc.*		1,059		6,428
Trevi Therapeutics, Inc.*		2,263		5,001
Ventyx Biosciences, Inc.*		2,544		85,224
Verrica Pharmaceuticals, Inc.*(b)		1,135		5,164
WaVe Life Sciences Ltd.*		3,215		13,985
Xeris Biopharma Holdings, Inc.*		7,234		16,421
Zevra Therapeutics, Inc.*(b)		1,886		9,562
				2,518,958
Professional Services - 2.1%
Alight, Inc., Class A*		21,658		165,467
ASGN, Inc.*		2,623		215,506
Asure Software, Inc.*		1,029		12,904
Barrett Business Services, Inc.		364		34,828
BlackSky Technology, Inc.*		6,427		8,741
CBIZ, Inc.*		2,608		146,335
Conduent, Inc.*		9,358		29,384
CRA International, Inc.		370		40,193
CSG Systems International, Inc.		1,696		92,110
ExlService Holdings, Inc.*		8,795		257,078
Exponent, Inc.		2,755		247,564
First Advantage Corp.		2,974		41,487
FiscalNote Holdings, Inc.*		3,385		7,481
Forrester Research, Inc.*		639		19,573
Franklin Covey Co.*		663		28,290
Heidrick & Struggles International, Inc.		1,078		28,556
HireQuest, Inc.(b)		291		5,535
HireRight Holdings Corp.*		815		8,533
Huron Consulting Group, Inc.*		1,036		103,548
IBEX Holdings Ltd.*		595		11,638
ICF International, Inc.		1,019		137,626
Innodata, Inc.*(b)		1,371		17,823
Insperity, Inc.		1,983		200,937
Kelly Services, Inc., Class A		1,794		33,171
Kforce, Inc.		1,054		66,033
Korn Ferry		2,838		144,681
Legalzoom.com, Inc.*		5,664		64,626
Maximus, Inc.		3,309		267,433
Mistras Group, Inc.*		1,132		6,045
NV5 Global, Inc.*		739		75,215
Planet Labs PBC*		10,377		33,725
Resources Connection, Inc.		1,764		27,360
Skillsoft Corp.*		4,354		5,704
Sterling Check Corp.*		1,288		17,955
TriNet Group, Inc.*(b)		2,049		227,296
TrueBlue, Inc.*		1,654		25,025
TTEC Holdings, Inc.		1,058		31,486
Upwork, Inc.*		6,731		99,686
Verra Mobility Corp., Class A*		7,595		135,115

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Willdan Group, Inc.*		663		16,005
				3,137,698
Real Estate Management & Development - 0.7%
American Realty Investors, Inc.*		81		1,616
Anywhere Real Estate, Inc.*		5,865		38,474
Compass, Inc., Class A*		16,244		58,478
Cushman & Wakefield plc*		9,035		83,032
DigitalBridge Group, Inc.		8,802		153,331
Douglas Elliman, Inc.		4,408		11,064
eXp World Holdings, Inc.(b)		3,764		72,344
Forestar Group, Inc.*		997		28,424
FRP Holdings, Inc.*		359		20,452
Kennedy-Wilson Holdings, Inc.		6,511		103,981
Marcus & Millichap, Inc.		1,313		43,723
Maui Land & Pineapple Co., Inc.*(b)		410		5,650
Newmark Group, Inc., Class A		7,321		51,906
Opendoor Technologies, Inc.*		29,686		115,775
RE/MAX Holdings, Inc., Class A		950		15,390
Redfin Corp.*		5,783		55,054
RMR Group, Inc. (The), Class A		837		21,159
St Joe Co. (The)		1,874		115,701
Stratus Properties, Inc.		306		8,455
Tejon Ranch Co.*		1,139		18,999
Transcontinental Realty Investors, Inc.*		103		3,536
				1,026,544
Residential REITs - 0.4%
Apartment Investment and Management Co., Class A, REIT		8,069		61,405
BRT Apartments Corp., REIT		649		12,104
Centerspace, REIT		822		53,216
Clipper Realty, Inc., REIT		697		4,287
Elme Communities, REIT		4,781		73,532
Independence Realty Trust, Inc., REIT		12,276		206,605
NexPoint Residential Trust, Inc., REIT		1,239		46,525
UMH Properties, Inc., REIT		2,993		44,745
Veris Residential, Inc., REIT*		4,304		80,097
				582,516
Retail REITs - 1.1%
Acadia Realty Trust, REIT		5,084		75,701
Alexander's, Inc., REIT		117		22,435
CBL & Associates Properties, Inc., REIT(b)		1,464		31,315
Getty Realty Corp., REIT		2,439		73,219
InvenTrust Properties Corp., REIT		3,699		88,443
Kite Realty Group Trust, REIT		11,846		267,364
Macerich Co. (The), REIT		11,759		137,463
Necessity Retail REIT, Inc. (The), Class A, REIT		7,315		54,862
NETSTREIT Corp., REIT		3,333		56,428
Phillips Edison & Co., Inc., REIT		6,419		217,347
Retail Opportunity Investments Corp., REIT		6,697		90,142
RPT Realty, REIT		4,675		53,014
Saul Centers, Inc., REIT		634		23,813
SITE Centers Corp., REIT		10,371		138,453
Tanger Factory Outlet Centers, Inc., REIT		5,560		129,270
Urban Edge Properties, REIT		6,251		102,266
Whitestone REIT, REIT		2,646		26,460
				1,587,995
Semiconductors & Semiconductor Equipment - 2.7%
ACM Research, Inc., Class A*		2,617		45,955
Aehr Test Systems*		1,407		71,771
Alpha & Omega Semiconductor Ltd.*		1,261		39,785
Ambarella, Inc.*		1,987		123,492
Amkor Technology, Inc.		5,574		155,849
Atomera, Inc.*(b)		1,152		7,327
Axcelis Technologies, Inc.*		1,773		340,682
CEVA, Inc.*		1,264		29,350
Cohu, Inc.*		2,540		94,971
Credo Technology Group Holding Ltd.*		5,307		87,353
Diodes, Inc.*		2,457		201,105
FormFactor, Inc.*		4,197		148,238
Ichor Holdings Ltd.*		1,551		56,813
Impinj, Inc.*		1,250		83,212
indie Semiconductor, Inc., Class A*		7,494		50,210
inTEST Corp.*		584		10,232
Kulicke & Soffa Industries, Inc.		3,019		156,173
MACOM Technology Solutions Holdings, Inc.*		2,958		250,128
Maxeon Solar Technologies Ltd.*(b)		1,372		21,623
MaxLinear, Inc., Class A*		4,057		95,339
Navitas Semiconductor Corp., Class A*		5,550		49,006
NVE Corp.		259		22,909
Onto Innovation, Inc.*		2,664		370,243
PDF Solutions, Inc.*		1,666		60,542
Photronics, Inc.*		3,321		78,907
Power Integrations, Inc.		3,091		259,706
Rambus, Inc.*		5,933		335,037
Semtech Corp.*		3,478		90,950
Silicon Laboratories, Inc.*		1,728		233,038
SiTime Corp.*		934		123,932
SkyWater Technology, Inc.*		957		6,412
SMART Global Holdings, Inc.*		2,629		67,907
Synaptics, Inc.*		2,147		187,948
Transphorm, Inc.*		1,470		4,013
Ultra Clean Holdings, Inc.*		2,420		85,087
Veeco Instruments, Inc.*		2,766		80,740
				4,125,985
Software - 4.8%
8x8, Inc.*		6,156		20,007
A10 Networks, Inc.		3,842		57,207
ACI Worldwide, Inc.*		5,901		143,276
Adeia, Inc.		5,820		58,549
Agilysys, Inc.*		1,090		76,894
Alarm.com Holdings, Inc.*		2,606		152,633
Alkami Technology, Inc.*		2,149		37,436
Altair Engineering, Inc., Class A*		2,923		194,321
American Software, Inc., Class A		1,736		20,016
Amplitude, Inc., Class A*		3,682		43,006
Appfolio, Inc., Class A*		1,045		201,445
Appian Corp., Class A*		2,232		108,698
Applied Digital Corp.*		3,709		22,402
Asana, Inc., Class A*		4,322		92,880
Aurora Innovation, Inc.*(b)		16,536		52,419
AvePoint, Inc.*		8,339		57,873
Bit Digital, Inc.*(b)		3,931		9,238
Blackbaud, Inc.*		2,369		180,305
BlackLine, Inc.*		3,067		184,204
Box, Inc., Class A*		7,670		203,102
Braze, Inc., Class A*		1,877		86,830

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
C3.ai, Inc., Class A*(b)		3,191		98,985
Cerence, Inc.*		2,193		57,237
Cipher Mining, Inc.*(b)		2,262		7,216
Cleanspark, Inc.*		4,161		20,514
Clear Secure, Inc., Class A		4,534		98,569
CommVault Systems, Inc.*		2,429		165,925
Consensus Cloud Solutions, Inc.*		1,079		34,452
CoreCard Corp.*		394		8,369
Couchbase, Inc.*		1,849		31,618
CS Disco, Inc.*		1,229		11,675
CXApp, Inc.*		106		421
Digimarc Corp.*(b)		773		25,308
Digital Turbine, Inc.*		5,149		45,878
Domo, Inc., Class B*		1,666		17,760
E2open Parent Holdings, Inc.*		10,849		52,401
Ebix, Inc.		1,436		23,981
eGain Corp.*		1,162		7,739
Enfusion, Inc., Class A*		1,389		11,862
EngageSmart, Inc.*		2,643		46,808
Envestnet, Inc.*		2,726		148,921
Everbridge, Inc.*		2,213		54,905
EverCommerce, Inc.*		1,270		13,424
Expensify, Inc., Class A*		3,003		12,883
Freshworks, Inc., Class A*		8,814		192,762
Instructure Holdings, Inc.*		1,061		27,490
Intapp, Inc.*		850		31,118
InterDigital, Inc.		1,474		127,811
Jamf Holding Corp.*		3,800		64,068
Kaltura, Inc.*		4,513		8,530
LivePerson, Inc.*		3,452		14,498
LiveRamp Holdings, Inc.*		3,470		112,220
LiveVox Holdings, Inc.*		1,213		3,906
Marathon Digital Holdings, Inc.*(b)		9,157		115,103
Matterport, Inc.*		13,642		36,561
MeridianLink, Inc.*(b)		1,428		25,290
MicroStrategy, Inc., Class A*		601		214,875
Mitek Systems, Inc.*		2,321		25,926
Model N, Inc.*		2,030		54,810
N-able, Inc.*		3,804		50,859
NextNav, Inc.*		2,943		12,714
Olo, Inc., Class A*		5,625		36,281
ON24, Inc.		1,777		12,190
OneSpan, Inc.*		2,179		26,693
PagerDuty, Inc.*		4,640		119,526
PowerSchool Holdings, Inc., Class A*		3,049		67,444
Progress Software Corp.		2,368		144,069
PROS Holdings, Inc.*		2,431		87,176
Q2 Holdings, Inc.*		3,097		106,568
Qualys, Inc.*		2,024		315,036
Rapid7, Inc.*(b)		3,264		164,473
Red Violet, Inc.*(b)		606		12,459
Rimini Street, Inc.*		2,653		6,420
Riot Platforms, Inc.*(b)		8,696		98,700
Sapiens International Corp. NV		1,671		49,946
SEMrush Holdings, Inc., Class A*		1,704		16,103
SolarWinds Corp.*		2,770		29,500
SoundHound AI, Inc.*(b)		7,612		19,182
SoundThinking, Inc.*		487		10,451
Sprinklr, Inc., Class A*		4,732		71,595
Sprout Social, Inc., Class A*		2,599		139,150
SPS Commerce, Inc.*		1,997		371,702
Tenable Holdings, Inc.*		6,212		281,838
Terawulf, Inc.*		2,738		5,722
Varonis Systems, Inc., Class B*		5,914		188,834
Verint Systems, Inc.*		3,441		111,454
Veritone, Inc.*(b)		1,424		4,372
Viant Technology, Inc., Class A*		783		4,909
Weave Communications, Inc.*		1,785		18,225
Workiva, Inc., Class A*		2,661		297,633
Xperi, Inc.*		2,296		27,093
Yext, Inc.*		5,821		50,992
Zeta Global Holdings Corp., Class A*		7,300		59,349
Zuora, Inc., Class A*		6,729		61,301
				7,134,519
Specialized REITs - 0.4%
Farmland Partners, Inc., REIT(b)		2,750		30,525
Four Corners Property Trust, Inc., REIT		4,715		118,629
Gladstone Land Corp., REIT		1,823		28,676
Outfront Media, Inc., REIT		8,029		91,129
PotlatchDeltic Corp., REIT		4,305		203,454
Safehold, Inc., REIT		1,620		34,474
Uniti Group, Inc., REIT		12,960		69,595
				576,482
Specialty Retail - 2.2%
1-800-Flowers.com, Inc., Class A*		1,416		10,662
Aaron's Co., Inc. (The)		1,718		20,736
Abercrombie & Fitch Co., Class A*		2,656		142,760
Academy Sports & Outdoors, Inc.		4,063		221,718
American Eagle Outfitters, Inc.		9,941		168,599
America's Car-Mart, Inc.*		318		35,397
Arko Corp.		4,481		33,742
Asbury Automotive Group, Inc.*		1,179		271,170
BARK, Inc.*		5,953		9,525
Big 5 Sporting Goods Corp.(b)		1,169		9,270
Boot Barn Holdings, Inc.*		1,619		148,543
Buckle, Inc. (The)		1,662		60,729
Build-A-Bear Workshop, Inc.		722		19,039
Caleres, Inc.		1,888		54,129
Camping World Holdings, Inc., Class A		2,274		56,236
CarParts.com, Inc.*		2,888		13,949
Carvana Co.*		5,219		262,777
Cato Corp. (The), Class A		946		7,332
Chico's FAS, Inc.*		6,630		34,012
Children's Place, Inc. (The)*		649		17,205
Designer Brands, Inc., Class A		2,685		28,219
Destination XL Group, Inc.*		3,169		14,451
Duluth Holdings, Inc., Class B*		735		4,671
Envela Corp.*		412		2,101
EVgo, Inc., Class A*		3,899		15,674
Foot Locker, Inc.		4,467		87,643
Genesco, Inc.*		656		22,488
Group 1 Automotive, Inc.		758		200,430
GrowGeneration Corp.*		3,199		10,397
Guess?, Inc.(b)		1,565		37,654
Haverty Furniture Cos., Inc.		796		24,915
Hibbett, Inc.		684		31,676
J Jill, Inc.*		247		6,202
Lands' End, Inc.*		816		6,283
Lazydays Holdings, Inc.*		689		8,116
Leslie's, Inc.*		9,662		60,484
MarineMax, Inc.*		1,162		38,660
Monro, Inc.		1,695		55,494
National Vision Holdings, Inc.*		4,225		77,360
ODP Corp. (The)*		1,864		91,932

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
OneWater Marine, Inc., Class A*(b)		628		16,397
Overstock.com, Inc.*		2,453		64,048
PetMed Express, Inc.		1,117		12,589
Rent the Runway, Inc., Class A*(b)		2,614		3,607
Revolve Group, Inc., Class A*		2,232		32,699
Sally Beauty Holdings, Inc.*		5,838		59,314
Shoe Carnival, Inc.		912		21,095
Signet Jewelers Ltd.		2,425		181,875
Sleep Number Corp.*		1,162		29,724
Sonic Automotive, Inc., Class A		854		45,535
Sportsman's Warehouse Holdings, Inc.*		2,059		9,904
Stitch Fix, Inc., Class A*		4,588		20,141
ThredUp, Inc., Class A*		3,904		15,538
Tile Shop Holdings, Inc.*		1,567		9,277
Tilly's, Inc., Class A*		1,218		10,950
Torrid Holdings, Inc.*(b)		657		1,485
Upbound Group, Inc.		2,998		91,799
Urban Outfitters, Inc.*		3,472		115,305
Warby Parker, Inc., Class A*		4,610		55,366
Winmark Corp.		155		58,982
Zumiez, Inc.*		866		16,445
				3,294,455
Technology Hardware, Storage & Peripherals - 0.7%
Avid Technology, Inc.*		1,851		49,348
CompoSecure, Inc.*(b)		894		5,614
Corsair Gaming, Inc.*		2,010		31,597
CPI Card Group, Inc.*		231		4,775
Eastman Kodak Co.*(b)		3,100		13,857
Immersion Corp.		1,702		11,948
Intevac, Inc.*		1,388		4,816
IonQ, Inc.*		8,744		150,309
Super Micro Computer, Inc.*		2,523		694,027
Turtle Beach Corp.*		851		9,251
Xerox Holdings Corp.		6,244		99,217
				1,074,759
Textiles, Apparel & Luxury Goods - 0.4%
Allbirds, Inc., Class A*		5,169		6,668
Figs, Inc., Class A*		6,952		42,963
Fossil Group, Inc.*		2,589		5,489
G-III Apparel Group Ltd.*		2,292		45,496
Hanesbrands, Inc.		19,146		100,517
Kontoor Brands, Inc.		3,027		138,606
Movado Group, Inc.		833		22,783
Oxford Industries, Inc.		815		82,307
Rocky Brands, Inc.		379		6,735
Steven Madden Ltd.		4,096		141,312
Vera Bradley, Inc.*		1,426		10,224
Wolverine World Wide, Inc.		4,227		34,154
				637,254
Tobacco - 0.1%
Ispire Technology, Inc.*		148		1,473
Turning Point Brands, Inc.		931		22,921
Universal Corp.		1,312		62,477
Vector Group Ltd.		7,908		84,695
				171,566
Trading Companies & Distributors - 1.9%
Alta Equipment Group, Inc.		1,034		14,714
Applied Industrial Technologies, Inc.		2,100		324,177
Beacon Roofing Supply, Inc.*		2,930		233,961
BlueLinx Holdings, Inc.*		476		42,488
Boise Cascade Co.		2,161		236,349
Custom Truck One Source, Inc.*		3,085		20,700
Distribution Solutions Group, Inc.*		246		12,676
DXP Enterprises, Inc.*		784		27,887
EVI Industries, Inc.*		258		6,816
FTAI Aviation Ltd.		5,416		200,175
GATX Corp.		1,932		228,246
Global Industrial Co.		713		24,128
GMS, Inc.*		2,261		156,778
H&E Equipment Services, Inc.		1,749		79,265
Herc Holdings, Inc.		1,538		200,155
Hudson Technologies, Inc.*		2,384		28,751
Karat Packaging, Inc.		310		7,719
McGrath RentCorp		1,343		135,777
MRC Global, Inc.*		4,564		42,537
NOW, Inc.*		5,970		66,685
Rush Enterprises, Inc., Class A		3,389		140,318
Rush Enterprises, Inc., Class B		509		23,376
Textainer Group Holdings Ltd.		2,349		93,091
Titan Machinery, Inc.*		1,120		34,742
Transcat, Inc.*		401		40,886
Triton International Ltd.		2,970		249,213
Veritiv Corp.		713		120,019
Willis Lease Finance Corp.*		154		6,565
Xometry, Inc., Class A*(b)		1,846		35,166
				2,833,360
Water Utilities - 0.4%
American States Water Co.		2,016		169,767
Artesian Resources Corp., Class A		457		21,095
Cadiz, Inc.*(b)		2,205		8,842
California Water Service Group		3,051		153,313
Consolidated Water Co. Ltd., Class D		818		21,792
Global Water Resources, Inc.		618		6,891
Middlesex Water Co.		953		71,723
Pure Cycle Corp.*		1,064		11,693
SJW Group		1,686		110,871
York Water Co. (The)		775		31,574
				607,561
Wireless Telecommunication Services - 0.2%
Gogo, Inc.*		3,606		40,928
Shenandoah Telecommunications Co.		2,643		60,102
Spok Holdings, Inc.		966		13,756
Telephone and Data Systems, Inc.		5,383		115,681
Tingo Group, Inc.*(b)		6,639		8,564
				239,031
TOTAL COMMON STOCKS (Cost $146,197,522)				129,775,062

Investments	Number of Rights		Value ($)
RIGHTS - 0.0%(d)
Biotechnology - 0.0%
Aduro Biotech, Inc., CVR*(e)(f)		687		—
Chinook Therape, CVR*(e)(f)		3,154		—
Oncternal Therapeutics, Inc., CVR*(e)(f)		42		—
Tobira Therapeutics, Inc., CVR*(e)(f)		756		—
				—

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Number of Rights		Value ($)
Food Products - 0.0%(d)
Contraf-Nicotex-Tobacco GmbH, CVR*(e)(f)		2,444		1,222
Pharmaceuticals - 0.0%
ANI Pharmaceuticals, Inc., CVR, expiring 12/31/2050*(e)(f)		2		—
TOTAL RIGHTS (Cost $1,635)				1,222
SECURITIES LENDING REINVESTMENTS(g) - 2.2%
INVESTMENT COMPANIES - 2.2%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $3,327,098)		3,327,098		3,327,098

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 8.7%
REPURCHASE AGREEMENTS(h) - 8.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $13,006,936
(Cost $13,005,031)		13,005,031		13,005,031
Total Investments - 97.5% (Cost $162,531,286)				146,108,413
Other assets less liabilities - 2.5%				3,804,142
Net Assets - 100.0%				149,912,555

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $124.
(b)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $3,639,550, collateralized in the form of cash with a value of $3,327,417 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $504,038 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 7, 2023 – May 15, 2053. The total value of collateral is $3,831,455.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Represents less than 0.05% of net assets.
(e)	Security fair valued as of August 31, 2023 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2023 amounted to $1,222, which represents approximately 0.00% of net assets of the Fund.
(f)	Illiquid security.
(g)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $3,327,098.
(h)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration
REIT	Real Estate Investment Trust

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra Russell2000 had the following open long futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	25	9/15/2023	U.S. Dollar	$	2,377,000	$	20,702

Swap Agreements

Ultra Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	18,107,750	3/6/2025	Bank of America NA		5.48	%	Russell 2000® Index		749,155
	13,533,320	11/6/2023	Barclays Capital		5.83	%	Russell 2000® Index		(395,561	)
	31,903,226	2/11/2025	BNP Paribas SA		5.48	%	Russell 2000® Index		1,676,202
	21,234,623	3/6/2025	Citibank NA		5.62	%	Russell 2000® Index		941,245
	9,110,865	11/7/2024	Goldman Sachs International		5.73	%	Russell 2000® Index		(173,323	)
	11,882,604	3/6/2024	Morgan Stanley & Co. International plc		5.78	%	iShares® Russell 2000 ETF		218,485
	22,469,415	3/6/2024	Morgan Stanley & Co. International plc		5.78	%	Russell 2000® Index		505,575
	23,347,067	11/14/2024	Societe Generale		5.88	%	Russell 2000® Index		(2,874,877	)
	16,147,280	11/7/2024	UBS AG		5.33	%	Russell 2000® Index		(1,235,517	)
	167,736,150								(588,616	)
							Total Unrealized Appreciation		4,090,662
							Total Unrealized Depreciation		(4,679,278	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 76.1%
Aerospace & Defense - 1.2%
Axon Enterprise, Inc.*		5,897		1,255,530
Boeing Co. (The)*		47,542		10,650,834
General Dynamics Corp.		18,900		4,283,496
Howmet Aerospace, Inc.		30,910		1,529,118
Huntington Ingalls Industries, Inc.		3,358		739,835
L3Harris Technologies, Inc.		15,935		2,837,864
Lockheed Martin Corp.		18,940		8,491,749
Northrop Grumman Corp.		11,999		5,196,647
RTX Corp.		122,761		10,562,356
Textron, Inc.		16,959		1,317,884
TransDigm Group, Inc.*		4,388		3,966,094
				50,831,407
Air Freight & Logistics - 0.4%
CH Robinson Worldwide, Inc.		9,785		884,858
Expeditors International of Washington, Inc.		12,826		1,496,922
FedEx Corp.		19,424		5,070,053
United Parcel Service, Inc., Class B		60,918		10,319,509
				17,771,342
Automobile Components - 0.1%
Aptiv plc*		22,726		2,305,552
BorgWarner, Inc.		19,705		802,979
				3,108,531
Automobiles - 1.6%
Ford Motor Co.		330,274		4,006,224
General Motors Co.		116,830		3,914,973
Tesla, Inc.*		226,404		58,430,344
				66,351,541
Banks - 2.2%
Bank of America Corp.		582,619		16,703,687
Citigroup, Inc.		163,577		6,754,094
Citizens Financial Group, Inc.		40,670		1,144,047
Comerica, Inc.		11,078		532,962
Fifth Third Bancorp		57,218		1,519,138
Huntington Bancshares, Inc.		121,335		1,345,605
JPMorgan Chase & Co.		245,596		35,938,063
KeyCorp		78,626		890,833
M&T Bank Corp.		13,926		1,741,446
PNC Financial Services Group, Inc. (The)		33,569		4,052,785
Regions Financial Corp.		78,826		1,445,669
Truist Financial Corp.		111,935		3,419,614
US Bancorp		117,224		4,282,193
Wells Fargo & Co.		315,320		13,019,563
Zions Bancorp NA		12,446		441,833
				93,231,532
Beverages - 1.3%
Brown-Forman Corp., Class B		15,381		1,017,146
Coca-Cola Co. (The)		327,103		19,570,572
Constellation Brands, Inc., Class A		13,551		3,530,849
Keurig Dr Pepper, Inc.		70,797		2,382,319
Molson Coors Beverage Co., Class B		15,782		1,001,999
Monster Beverage Corp.*		64,225		3,687,157
PepsiCo, Inc.		115,789		20,601,179
				51,791,221
Biotechnology - 1.5%
AbbVie, Inc.		148,269		21,789,612
Amgen, Inc.		44,893		11,507,872
Biogen, Inc.*		12,178		3,255,910
Gilead Sciences, Inc.		104,830		8,017,398
Incyte Corp.*		15,551		1,003,506
Moderna, Inc.*		27,543		3,114,287
Regeneron Pharmaceuticals, Inc.*		9,092		7,514,447
Vertex Pharmaceuticals, Inc.*		21,637		7,537,033
				63,740,065
Broadline Retail - 2.6%
Amazon.com, Inc.*		750,156		103,529,030
eBay, Inc.		44,930		2,011,965
Etsy, Inc.*		10,372		763,068
				106,304,063
Building Products - 0.3%
A O Smith Corp.		10,439		756,827
Allegion plc		7,376		839,463
Carrier Global Corp.		70,164		4,030,922
Johnson Controls International plc		57,668		3,405,872
Masco Corp.		18,912		1,115,997
Trane Technologies plc		19,178		3,936,476
				14,085,557
Capital Markets - 2.0%
Ameriprise Financial, Inc.		8,759		2,956,863
Bank of New York Mellon Corp. (The)		60,353		2,708,039
BlackRock, Inc.		12,595		8,823,301
Cboe Global Markets, Inc.		8,884		1,330,024
Charles Schwab Corp. (The)		124,852		7,384,996
CME Group, Inc.		30,256		6,132,286
FactSet Research Systems, Inc.		3,217		1,403,931
Franklin Resources, Inc.		23,997		641,680
Goldman Sachs Group, Inc. (The)		27,956		9,161,461
Intercontinental Exchange, Inc.		47,037		5,549,896
Invesco Ltd.		38,501		612,936
MarketAxess Holdings, Inc.		3,159		761,098
Moody's Corp.		13,277		4,471,694
Morgan Stanley		109,460		9,320,519
MSCI, Inc., Class A		6,742		3,665,086
Nasdaq, Inc.		28,438		1,492,426
Northern Trust Corp.		17,516		1,332,442
Raymond James Financial, Inc.		16,009		1,674,381
S&P Global, Inc.		27,557		10,770,929
State Street Corp.		28,079		1,930,150
T. Rowe Price Group, Inc.		18,866		2,117,331
				84,241,469
Chemicals - 1.3%
Air Products and Chemicals, Inc.		18,679		5,519,458
Albemarle Corp.		9,866		1,960,473
Celanese Corp.		8,392		1,060,413
CF Industries Holdings, Inc.		16,386		1,262,869
Corteva, Inc.		59,744		3,017,669
Dow, Inc.		59,458		3,244,029
DuPont de Nemours, Inc.		38,577		2,966,186
Eastman Chemical Co.		10,029		852,565
Ecolab, Inc.		20,828		3,828,395
FMC Corp.		10,484		904,035
International Flavors & Fragrances, Inc.		21,457		1,511,646
Linde plc		41,173		15,935,598
LyondellBasell Industries NV, Class A		21,333		2,107,060
Mosaic Co. (The)		27,926		1,084,925
PPG Industries, Inc.		19,798		2,806,564

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Sherwin-Williams Co. (The)		19,732		5,361,579
				53,423,464
Commercial Services & Supplies - 0.4%
Cintas Corp.		7,242		3,651,199
Copart, Inc.*		72,083		3,231,481
Republic Services, Inc.		17,269		2,488,981
Rollins, Inc.		19,457		769,913
Waste Management, Inc.		31,123		4,879,464
				15,021,038
Communications Equipment - 0.7%
Arista Networks, Inc.*		20,974		4,094,754
Cisco Systems, Inc.		344,203		19,740,042
F5, Inc.*		5,058		827,792
Juniper Networks, Inc.		27,016		786,706
Motorola Solutions, Inc.		14,092		3,996,069
				29,445,363
Construction & Engineering - 0.1%
Quanta Services, Inc.		12,216		2,563,772
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		5,192		2,317,761
Vulcan Materials Co.		11,203		2,445,055
				4,762,816
Consumer Finance - 0.3%
American Express Co.		49,973		7,895,234
Capital One Financial Corp.		32,091		3,285,798
Discover Financial Services		21,354		1,923,355
Synchrony Financial		35,993		1,161,854
				14,266,241
Consumer Staples Distribution & Retail - 1.4%
Costco Wholesale Corp.		37,257		20,464,525
Dollar General Corp.		18,409		2,549,646
Dollar Tree, Inc.*		17,479		2,138,730
Kroger Co. (The)		54,884		2,546,069
Sysco Corp.		42,560		2,964,304
Target Corp.		38,804		4,910,646
Walgreens Boots Alliance, Inc.		60,174		1,523,004
Walmart, Inc.		117,878		19,168,142
				56,265,066
Containers & Packaging - 0.2%
Amcor plc		123,685		1,204,692
Avery Dennison Corp.		6,802		1,281,361
Ball Corp.		26,424		1,438,787
International Paper Co.		29,153		1,018,023
Packaging Corp. of America		7,554		1,126,301
Sealed Air Corp.		12,146		450,131
Westrock Co.		21,510		703,592
				7,222,887
Distributors - 0.1%
Genuine Parts Co.		11,799		1,813,860
LKQ Corp.		21,352		1,121,621
Pool Corp.		3,282		1,199,899
				4,135,380
Diversified Telecommunication Services - 0.5%
AT&T, Inc.		600,774		8,885,448
Verizon Communications, Inc.		353,287		12,357,979
				21,243,427
Electric Utilities - 1.2%
Alliant Energy Corp.		21,125		1,059,841
American Electric Power Co., Inc.		43,287		3,393,701
Constellation Energy Corp.		27,268		2,840,235
Duke Energy Corp.		64,773		5,751,842
Edison International		32,196		2,216,695
Entergy Corp.		17,762		1,691,831
Evergy, Inc.		19,284		1,060,041
Eversource Energy		29,313		1,870,756
Exelon Corp.		83,580		3,353,230
FirstEnergy Corp.		45,705		1,648,579
NextEra Energy, Inc.		170,015		11,357,002
NRG Energy, Inc.		19,333		725,954
PG&E Corp.*		135,865		2,214,600
Pinnacle West Capital Corp.		9,500		734,065
PPL Corp.		61,947		1,543,719
Southern Co. (The)		91,630		6,206,100
Xcel Energy, Inc.		46,257		2,642,662
				50,310,853
Electrical Equipment - 0.5%
AMETEK, Inc.		19,355		3,087,316
Eaton Corp. plc		33,524		7,722,924
Emerson Electric Co.		48,008		4,716,786
Generac Holdings, Inc.*		5,213		619,356
Rockwell Automation, Inc.		9,645		3,010,012
				19,156,394
Electronic Equipment, Instruments & Components - 0.4%
Amphenol Corp., Class A		50,038		4,422,359
CDW Corp.		11,325		2,391,274
Corning, Inc.		64,316		2,110,851
Keysight Technologies, Inc.*		14,954		1,993,368
TE Connectivity Ltd.		26,475		3,505,025
Teledyne Technologies, Inc.*		3,927		1,642,664
Trimble, Inc.*		20,831		1,141,331
Zebra Technologies Corp., Class A*		4,320		1,188,043
				18,394,915
Energy Equipment & Services - 0.3%
Baker Hughes Co., Class A		85,102		3,079,841
Halliburton Co.		75,806		2,927,628
Schlumberger NV		119,769		7,061,580
				13,069,049
Entertainment - 1.0%
Activision Blizzard, Inc.		60,110		5,529,519
Electronic Arts, Inc.		21,903		2,627,922
Live Nation Entertainment, Inc.*		12,104		1,023,151
Netflix, Inc.*		37,352		16,198,815
Take-Two Interactive Software, Inc.*		13,343		1,897,375
Walt Disney Co. (The)*		153,555		12,849,482
Warner Bros Discovery, Inc.*		186,307		2,448,074
				42,574,338
Financial Services - 3.3%
Berkshire Hathaway, Inc., Class B*		149,867		53,982,093
Fidelity National Information Services, Inc.		49,812		2,782,498
Fiserv, Inc.*		51,897		6,299,777
FleetCor Technologies, Inc.*		6,183		1,680,107
Global Payments, Inc.		21,999		2,787,053
Jack Henry & Associates, Inc.		6,097		955,888
Mastercard, Inc., Class A		70,303		29,009,830
PayPal Holdings, Inc.*		93,738		5,859,562
Visa, Inc., Class A		135,972		33,405,601
				136,762,409
Food Products - 0.8%
Archer-Daniels-Midland Co.		45,744		3,627,499
Bunge Ltd.		12,630		1,443,862
Campbell Soup Co.		16,866		703,312
Conagra Brands, Inc.		40,108		1,198,427

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
General Mills, Inc.		49,356		3,339,427
Hershey Co. (The)		12,373		2,658,463
Hormel Foods Corp.		24,338		939,203
J M Smucker Co. (The)		8,979		1,301,506
Kellogg Co.		21,594		1,317,666
Kraft Heinz Co. (The)		67,020		2,217,692
Lamb Weston Holdings, Inc.		12,264		1,194,636
McCormick & Co., Inc. (Non-Voting)		21,075		1,729,836
Mondelez International, Inc., Class A		114,441		8,155,066
Tyson Foods, Inc., Class A		24,007		1,278,853
				31,105,448
Gas Utilities - 0.0%(b)
Atmos Energy Corp.		12,155		1,409,372
Ground Transportation - 0.6%
CSX Corp.		170,846		5,159,549
JB Hunt Transport Services, Inc.		6,965		1,308,584
Norfolk Southern Corp.		19,141		3,924,096
Old Dominion Freight Line, Inc.		7,553		3,227,926
Union Pacific Corp.		51,214		11,296,272
				24,916,427
Health Care Equipment & Supplies - 2.0%
Abbott Laboratories		146,142		15,038,012
Align Technology, Inc.*		5,984		2,214,918
Baxter International, Inc.		42,474		1,724,444
Becton Dickinson & Co.		23,865		6,669,074
Boston Scientific Corp.*		120,805		6,516,222
Cooper Cos., Inc. (The)		4,143		1,532,869
DENTSPLY SIRONA, Inc.		17,854		662,205
Dexcom, Inc.*		32,573		3,289,221
Edwards Lifesciences Corp.*		50,942		3,895,535
GE HealthCare Technologies, Inc.		32,844		2,313,860
Hologic, Inc.*		20,685		1,545,997
IDEXX Laboratories, Inc.*		6,973		3,566,062
Insulet Corp.*		5,885		1,128,213
Intuitive Surgical, Inc.*		29,453		9,209,364
Medtronic plc		111,801		9,111,781
ResMed, Inc.		12,341		1,969,500
STERIS plc		8,320		1,910,189
Stryker Corp.		28,367		8,043,463
Teleflex, Inc.		3,920		833,941
Zimmer Biomet Holdings, Inc.		17,537		2,089,007
				83,263,877
Health Care Providers & Services - 2.1%
Cardinal Health, Inc.		21,413		1,869,997
Cencora, Inc.		13,617		2,396,320
Centene Corp.*		46,115		2,842,990
Cigna Group (The)		24,841		6,862,575
CVS Health Corp.		107,720		7,020,112
DaVita, Inc.*		4,670		478,302
Elevance Health, Inc.		19,912		8,801,303
HCA Healthcare, Inc.		17,335		4,806,996
Henry Schein, Inc.*		11,018		843,318
Humana, Inc.		10,475		4,835,574
Laboratory Corp. of America Holdings		7,435		1,547,224
McKesson Corp.		11,398		4,699,623
Molina Healthcare, Inc.*		4,903		1,520,518
Quest Diagnostics, Inc.		9,388		1,234,522
UnitedHealth Group, Inc.		78,247		37,290,955
Universal Health Services, Inc., Class B		5,279		711,081
				87,761,410
Health Care REITs - 0.1%
Healthpeak Properties, Inc., REIT		45,956		945,774
Ventas, Inc., REIT		33,614		1,468,260
Welltower, Inc., REIT		41,767		3,461,649
				5,875,683
Hotel & Resort REITs - 0.0%(b)
Host Hotels & Resorts, Inc., REIT		59,777		943,879
Hotels, Restaurants & Leisure - 1.5%
Booking Holdings, Inc.*		3,093		9,603,858
Caesars Entertainment, Inc.*		18,099		1,000,151
Carnival Corp.*		84,389		1,335,034
Chipotle Mexican Grill, Inc.*		2,328		4,485,218
Darden Restaurants, Inc.		10,188		1,584,336
Domino's Pizza, Inc.		2,950		1,142,830
Expedia Group, Inc.*		11,986		1,299,162
Hilton Worldwide Holdings, Inc.		22,239		3,305,827
Las Vegas Sands Corp.		27,614		1,514,904
Marriott International, Inc., Class A		21,664		4,408,840
McDonald's Corp.		61,354		17,249,677
MGM Resorts International		25,367		1,115,641
Norwegian Cruise Line Holdings Ltd.*		35,670		591,052
Royal Caribbean Cruises Ltd.*		18,483		1,828,708
Starbucks Corp.		96,320		9,385,421
Wynn Resorts Ltd.		8,703		882,310
Yum! Brands, Inc.		23,552		3,047,158
				63,780,127
Household Durables - 0.3%
DR Horton, Inc.		26,083		3,104,399
Garmin Ltd.		12,848		1,362,145
Lennar Corp., Class A		21,339		2,541,261
Mohawk Industries, Inc.*		4,448		450,983
Newell Brands, Inc.		31,644		334,794
NVR, Inc.*		274		1,747,388
PulteGroup, Inc.		18,745		1,538,215
Whirlpool Corp.		4,619		646,475
				11,725,660
Household Products - 1.0%
Church & Dwight Co., Inc.		20,519		1,985,624
Clorox Co. (The)		10,397		1,626,611
Colgate-Palmolive Co.		69,731		5,123,136
Kimberly-Clark Corp.		28,359		3,653,490
Procter & Gamble Co. (The)		198,070		30,570,124
				42,958,985
Independent Power and Renewable Electricity Producers - 0.0%(b)
AES Corp. (The)		56,238		1,008,347
Industrial Conglomerates - 0.6%
3M Co.		46,375		4,946,821
General Electric Co.		91,534		10,476,982
Honeywell International, Inc.		55,920		10,509,605
				25,933,408
Industrial REITs - 0.2%
Prologis, Inc., REIT		77,601		9,638,044
Insurance - 1.6%
Aflac, Inc.		46,212		3,446,029
Allstate Corp. (The)		22,080		2,380,445
American International Group, Inc.		60,826		3,559,537

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Aon plc, Class A		17,149		5,717,305
Arch Capital Group Ltd.*		31,322		2,407,409
Arthur J Gallagher & Co.		18,009		4,150,714
Assurant, Inc.		4,475		623,502
Brown & Brown, Inc.		19,799		1,467,106
Chubb Ltd.		34,807		6,991,682
Cincinnati Financial Corp.		13,223		1,398,861
Everest Group Ltd.		3,626		1,307,826
Globe Life, Inc.		7,459		832,201
Hartford Financial Services Group, Inc. (The)		26,070		1,872,347
Lincoln National Corp.		12,962		332,605
Loews Corp.		15,909		987,790
Marsh & McLennan Cos., Inc.		41,560		8,103,784
MetLife, Inc.		54,081		3,425,491
Principal Financial Group, Inc.		18,974		1,474,469
Progressive Corp. (The)		49,178		6,563,788
Prudential Financial, Inc.		30,656		2,902,203
Travelers Cos., Inc. (The)		19,400		3,127,862
W R Berkley Corp.		16,880		1,044,197
Willis Towers Watson plc		8,959		1,852,363
				65,969,516
Interactive Media & Services - 4.4%
Alphabet, Inc., Class A*		499,255		67,983,553
Alphabet, Inc., Class C*		429,470		58,987,705
Match Group, Inc.*		23,407		1,097,086
Meta Platforms, Inc., Class A*		185,885		55,001,513
				183,069,857
IT Services - 0.9%
Accenture plc, Class A		53,066		17,181,179
Akamai Technologies, Inc.*		12,774		1,342,419
Cognizant Technology Solutions Corp., Class A		42,631		3,052,806
DXC Technology Co.*		19,145		397,067
EPAM Systems, Inc.*		4,868		1,260,763
Gartner, Inc.*		6,651		2,325,722
International Business Machines Corp.		76,331		11,207,681
VeriSign, Inc.*		7,611		1,581,490
				38,349,127
Leisure Products - 0.0%(b)
Hasbro, Inc.		10,955		788,760
Life Sciences Tools & Services - 1.2%
Agilent Technologies, Inc.		24,840		3,007,379
Bio-Rad Laboratories, Inc., Class A*		1,768		707,554
Bio-Techne Corp.		13,243		1,038,251
Charles River Laboratories International, Inc.*		4,298		888,912
Danaher Corp.		55,802		14,787,530
Illumina, Inc.*		13,303		2,197,922
IQVIA Holdings, Inc.*		15,585		3,469,688
Mettler-Toledo International, Inc.*		1,829		2,219,455
Revvity, Inc.		10,520		1,231,156
Thermo Fisher Scientific, Inc.		32,442		18,073,438
Waters Corp.*		4,929		1,384,063
West Pharmaceutical Services, Inc.		6,220		2,530,918
				51,536,266
Machinery - 1.4%
Caterpillar, Inc.		43,337		12,183,331
Cummins, Inc.		11,892		2,735,636
Deere & Co.		22,650		9,307,791
Dover Corp.		11,739		1,740,894
Fortive Corp.		29,703		2,342,082
IDEX Corp.		6,340		1,435,376
Illinois Tool Works, Inc.		23,235		5,747,177
Ingersoll Rand, Inc.		33,982		2,365,487
Nordson Corp.		4,535		1,107,175
Otis Worldwide Corp.		34,728		2,970,980
PACCAR, Inc.		43,912		3,613,518
Parker-Hannifin Corp.		10,776		4,492,514
Pentair plc		13,844		972,679
Snap-on, Inc.		4,455		1,196,613
Stanley Black & Decker, Inc.		12,858		1,213,538
Westinghouse Air Brake Technologies Corp.		15,109		1,700,065
Xylem, Inc.		20,111		2,082,293
				57,207,149
Media - 0.6%
Charter Communications, Inc., Class A*		8,734		3,826,540
Comcast Corp., Class A		349,538		16,344,397
Fox Corp., Class A		22,596		747,024
Fox Corp., Class B		11,491		350,705
Interpublic Group of Cos., Inc. (The)		32,470		1,058,847
News Corp., Class A		32,014		687,981
News Corp., Class B		9,875		217,250
Omnicom Group, Inc.		16,765		1,358,132
Paramount Global, Class B(c)		42,589		642,668
				25,233,544
Metals & Mining - 0.3%
Freeport-McMoRan, Inc.		120,482		4,808,437
Newmont Corp.		66,784		2,632,625
Nucor Corp.		21,110		3,633,031
Steel Dynamics, Inc.		13,492		1,438,112
				12,512,205
Multi-Utilities - 0.5%
Ameren Corp.		22,058		1,748,538
CenterPoint Energy, Inc.		53,021		1,478,756
CMS Energy Corp.		24,517		1,377,610
Consolidated Edison, Inc.		29,147		2,592,917
Dominion Energy, Inc.		70,230		3,408,964
DTE Energy Co.		17,316		1,790,128
NiSource, Inc.		34,708		928,786
Public Service Enterprise Group, Inc.		41,941		2,561,756
Sempra		52,899		3,714,568
WEC Energy Group, Inc.		26,503		2,229,433
				21,831,456
Office REITs - 0.1%
Alexandria Real Estate Equities, Inc., REIT		13,244		1,540,807
Boston Properties, Inc., REIT		11,996		800,973
				2,341,780
Oil, Gas & Consumable Fuels - 3.1%
APA Corp.		25,923		1,136,464
Chevron Corp.		149,571		24,095,888
ConocoPhillips		101,704		12,105,827
Coterra Energy, Inc.		63,662		1,794,632
Devon Energy Corp.		53,938		2,755,692
Diamondback Energy, Inc.		15,219		2,309,940
EOG Resources, Inc.		49,133		6,319,487
EQT Corp.		30,388		1,313,369
Exxon Mobil Corp.		339,758		37,777,692

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Hess Corp.		23,217		3,587,027
Kinder Morgan, Inc.		165,719		2,853,681
Marathon Oil Corp.		51,923		1,368,171
Marathon Petroleum Corp.		35,681		5,094,176
Occidental Petroleum Corp.		60,387		3,791,700
ONEOK, Inc.		37,612		2,452,302
Phillips 66		38,563		4,402,352
Pioneer Natural Resources Co.		19,648		4,674,849
Targa Resources Corp.		18,996		1,638,405
Valero Energy Corp.		30,377		3,945,972
Williams Cos., Inc. (The)		102,360		3,534,491
				126,952,117
Passenger Airlines - 0.2%
Alaska Air Group, Inc.*		10,741		450,800
American Airlines Group, Inc.*		54,866		808,176
Delta Air Lines, Inc.		54,029		2,316,763
Southwest Airlines Co.		50,016		1,580,506
United Airlines Holdings, Inc.*		27,554		1,372,465
				6,528,710
Personal Care Products - 0.2%
Estee Lauder Cos., Inc. (The), Class A		19,480		3,127,124
Kenvue, Inc.		144,821		3,338,124
				6,465,248
Pharmaceuticals - 3.1%
Bristol-Myers Squibb Co.		176,560		10,884,924
Catalent, Inc.*		15,129		755,996
Eli Lilly & Co.		66,213		36,695,245
Johnson & Johnson		202,355		32,716,756
Merck & Co., Inc.		213,232		23,238,023
Organon & Co.		21,454		471,130
Pfizer, Inc.		474,416		16,784,838
Viatris, Inc.		100,748		1,083,041
Zoetis, Inc., Class A		38,855		7,402,266
				130,032,219
Professional Services - 0.6%
Automatic Data Processing, Inc.		34,713		8,838,277
Broadridge Financial Solutions, Inc.		9,924		1,847,948
Ceridian HCM Holding, Inc.*		13,027		944,718
Equifax, Inc.		10,309		2,130,870
Jacobs Solutions, Inc.		10,646		1,435,294
Leidos Holdings, Inc.		11,538		1,125,071
Paychex, Inc.		26,949		3,293,976
Paycom Software, Inc.		4,068		1,199,409
Robert Half, Inc.		9,080		671,557
Verisk Analytics, Inc., Class A		12,182		2,950,724
				24,437,844
Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A*		26,124		2,221,846
CoStar Group, Inc.*		34,342		2,815,701
				5,037,547
Residential REITs - 0.3%
AvalonBay Communities, Inc., REIT		11,932		2,193,340
Camden Property Trust, REIT		8,990		967,504
Equity Residential, REIT		28,651		1,857,444
Essex Property Trust, Inc., REIT		5,391		1,285,161
Invitation Homes, Inc., REIT		48,855		1,665,467
Mid-America Apartment Communities, Inc., REIT		9,805		1,423,980
UDR, Inc., REIT		25,997		1,037,280
				10,430,176
Retail REITs - 0.2%
Federal Realty Investment Trust, REIT		6,141		601,450
Kimco Realty Corp., REIT		52,095		986,679
Realty Income Corp., REIT		56,586		3,171,080
Regency Centers Corp., REIT		13,787		857,551
Simon Property Group, Inc., REIT		27,467		3,117,230
				8,733,990
Semiconductors & Semiconductor Equipment - 5.9%
Advanced Micro Devices, Inc.*		135,341		14,308,199
Analog Devices, Inc.		42,485		7,722,923
Applied Materials, Inc.		71,013		10,847,946
Broadcom, Inc.		35,021		32,320,531
Enphase Energy, Inc.*		11,527		1,458,511
First Solar, Inc.*		8,326		1,574,613
Intel Corp.		350,507		12,316,816
KLA Corp.		11,541		5,792,082
Lam Research Corp.		11,285		7,926,584
Microchip Technology, Inc.		46,028		3,766,932
Micron Technology, Inc.		91,948		6,430,843
Monolithic Power Systems, Inc.		3,788		1,974,343
NVIDIA Corp.		207,830		102,574,497
NXP Semiconductors NV		21,834		4,491,690
ON Semiconductor Corp.*		36,289		3,573,015
Qorvo, Inc.*		8,374		899,284
QUALCOMM, Inc.		93,633		10,723,787
Skyworks Solutions, Inc.		13,397		1,456,790
SolarEdge Technologies, Inc.*		4,761		773,996
Teradyne, Inc.		13,028		1,405,330
Texas Instruments, Inc.		76,296		12,822,306
				245,161,018
Software - 7.7%
Adobe, Inc.*		38,549		21,561,998
ANSYS, Inc.*		7,261		2,315,315
Autodesk, Inc.*		18,004		3,995,808
Cadence Design Systems, Inc.*		22,921		5,511,125
Fair Isaac Corp.*		2,095		1,895,116
Fortinet, Inc.*		54,763		3,297,280
Gen Digital, Inc.		47,808		968,112
Intuit, Inc.		23,594		12,783,465
Microsoft Corp.		624,861		204,804,441
Oracle Corp.		129,296		15,565,945
Palo Alto Networks, Inc.*		25,426		6,186,146
PTC, Inc.*		8,969		1,319,968
Roper Technologies, Inc.		8,975		4,479,064
Salesforce, Inc.*		82,258		18,216,857
ServiceNow, Inc.*		17,104		10,071,348
Synopsys, Inc.*		12,783		5,865,991
Tyler Technologies, Inc.*		3,541		1,410,841
				320,248,820
Specialized REITs - 0.8%
American Tower Corp., REIT		39,134		7,095,777
Crown Castle, Inc., REIT		36,450		3,663,225
Digital Realty Trust, Inc., REIT		24,489		3,225,691
Equinix, Inc., REIT		7,876		6,154,149
Extra Space Storage, Inc., REIT		17,740		2,282,783
Iron Mountain, Inc., REIT		24,514		1,557,619
Public Storage, REIT		13,314		3,679,723
SBA Communications Corp., Class A, REIT		9,132		2,050,408
VICI Properties, Inc., REIT		84,359		2,601,632
Weyerhaeuser Co., REIT		61,552		2,015,828
				34,326,835

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Specialty Retail - 1.6%
AutoZone, Inc.*		1,577		3,991,907
Bath & Body Works, Inc.		19,258		710,042
Best Buy Co., Inc.		16,358		1,250,569
CarMax, Inc.*		13,312		1,087,324
Home Depot, Inc. (The)		85,130		28,118,439
Lowe's Cos., Inc.		50,091		11,544,974
O'Reilly Automotive, Inc.*		5,095		4,787,772
Ross Stores, Inc.		28,744		3,501,307
TJX Cos., Inc. (The)		96,777		8,949,937
Tractor Supply Co.		9,209		2,012,166
Ulta Beauty, Inc.*		4,200		1,743,126
				67,697,563
Technology Hardware, Storage & Peripherals - 5.8%
Apple, Inc.		1,242,488		233,426,221
Hewlett Packard Enterprise Co.		108,888		1,850,007
HP, Inc.		72,860		2,164,671
NetApp, Inc.		17,982		1,379,219
Seagate Technology Holdings plc		16,176		1,145,099
Western Digital Corp.*		26,907		1,210,815
				241,176,032
Textiles, Apparel & Luxury Goods - 0.3%
NIKE, Inc., Class B		103,534		10,530,443
Ralph Lauren Corp.		3,467		404,356
Tapestry, Inc.		19,474		648,874
VF Corp.		27,769		548,716
				12,132,389
Tobacco - 0.5%
Altria Group, Inc.		150,024		6,634,061
Philip Morris International, Inc.		130,416		12,527,761
				19,161,822
Trading Companies & Distributors - 0.2%
Fastenal Co.		47,965		2,761,825
United Rentals, Inc.		5,799		2,763,455
WW Grainger, Inc.		3,752		2,679,453
				8,204,733
Water Utilities - 0.1%
American Water Works Co., Inc.		16,361		2,269,925
Wireless Telecommunication Services - 0.2%
T-Mobile US, Inc.*		48,395		6,593,819
TOTAL COMMON STOCKS (Cost $3,419,978,068)				3,164,825,274
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(b)
INVESTMENT COMPANIES - 0.0%(b)
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $114,638)		114,638		114,638
Investments		Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 13.2%
REPURCHASE AGREEMENTS(e) - 4.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $197,752,404
(Cost $197,723,417)		197,723,417		197,723,417
U.S. TREASURY OBLIGATIONS(a) - 8.4%
U.S. Treasury Bills
4.76%, 9/21/2023(f)		150,000,000		149,561,250
4.80%, 9/28/2023(f)		150,000,000		149,406,843
5.36%, 11/24/2023(f)		50,000,000		49,380,772
TOTAL U.S. TREASURY OBLIGATIONS (Cost $348,477,146)				348,348,865
TOTAL SHORT-TERM INVESTMENTS (Cost $546,200,563)				546,072,282
Total Investments - 89.3% (Cost $3,966,293,269)				3,711,012,194
Other assets less liabilities - 10.7%				446,061,992
Net Assets - 100.0%				4,157,074,186

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $333,242,028.
(b)	Represents less than 0.05% of net assets.
(c)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $596,327, collateralized in the form of cash with a value of $114,638 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $503,364 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 5.25%, and maturity dates ranging from July 15, 2024 – February 15, 2051. The total value of collateral is $618,002.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $114,638.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(f)	The rate shown was the current yield as of August 31, 2023.

Ultra S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

Ultra S&P500^® had the following open long futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	572	9/15/2023	U.S. Dollar	$	129,157,600	$	3,249,756

Swap Agreements

Ultra S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
653,511,531	3/6/2025	Bank of America NA		5.93	%	S&P 500®	35,273,868
772,612,924	2/11/2025	BNP Paribas SA		5.93	%	S&P 500®	55,001,667
362,614,201	3/6/2025	Citibank NA		5.99	%	S&P 500®	24,480,348
540,738,894	4/8/2024	Goldman Sachs International		5.93	%	S&P 500®	67,196,862
1,022,826,432	11/7/2024	Goldman Sachs International		5.84	%	SPDR® S&P 500® ETF Trust	67,232,847
308,558,342	11/7/2023	J.P. Morgan Securities		5.73	%	S&P 500®	15,362,085
261,953,646	3/6/2025	Morgan Stanley & Co. International plc		5.88	%	S&P 500®	21,252,613
644,374,505	11/6/2023	Societe Generale		5.98	%	S&P 500®	(15,511,597	)
453,213,659	11/7/2024	UBS AG		5.83	%	S&P 500®	34,258,328
5,020,404,134							304,547,021
						Total Unrealized Appreciation	320,058,618
						Total Unrealized Depreciation	(15,511,597	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Semiconductors

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 77.8%
Semiconductors & Semiconductor Equipment - 77.8%
Advanced Micro Devices, Inc.*		140,229		14,825,010
Allegro MicroSystems, Inc.*		5,676		217,107
Amkor Technology, Inc.		8,769		245,181
Analog Devices, Inc.		44,041		8,005,773
Applied Materials, Inc.		73,582		11,240,386
Broadcom, Inc.		36,293		33,494,447
Cirrus Logic, Inc.*		4,811		394,694
Enphase Energy, Inc.*		11,932		1,509,756
Entegris, Inc.		13,033		1,319,852
GLOBALFOUNDRIES, Inc.*(a)		6,200		342,550
Intel Corp.		363,208		12,763,129
KLA Corp.		11,946		5,995,339
Lam Research Corp.		11,697		8,215,973
Lattice Semiconductor Corp.*		11,985		1,165,661
Marvell Technology, Inc.		74,804		4,357,333
Microchip Technology, Inc.		47,695		3,903,359
Micron Technology, Inc.		95,258		6,662,345
MKS Instruments, Inc.		4,999		501,050
Monolithic Power Systems, Inc.		3,923		2,044,707
NVIDIA Corp.		215,328		106,275,134
NXP Semiconductors NV		22,615		4,652,358
ON Semiconductor Corp.*		37,606		3,702,687
Power Integrations, Inc.		4,993		419,512
Qorvo, Inc.*		8,697		933,971
QUALCOMM, Inc.		96,993		11,108,608
Semtech Corp.*		5,569		145,629
Silicon Laboratories, Inc.*		2,786		375,720
Skyworks Solutions, Inc.		13,857		1,506,810
SolarEdge Technologies, Inc.*		4,906		797,568
Teradyne, Inc.		13,499		1,456,137
Texas Instruments, Inc.		79,034		13,282,454
Universal Display Corp.		3,792		616,428
Wolfspeed, Inc.*		10,838		518,273
TOTAL COMMON STOCKS (Cost $218,367,929)				262,994,941
SECURITIES LENDING REINVESTMENTS(b) - 0.1%
INVESTMENT COMPANIES - 0.1%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $257,376)		257,376		257,376
Investments		Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 6.2%
REPURCHASE AGREEMENTS(c) - 6.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $20,923,302
(Cost $20,920,235)		20,920,235		20,920,235
Total Investments - 84.1% (Cost $239,545,540)				284,172,552
Other assets less liabilities - 15.9%				53,747,938
Net Assets - 100.0%				337,920,490

Ultra Semiconductors

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $253,929, collateralized in the form of cash with a value of $257,376 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $257,376.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	27,129,761	3/6/2025	Bank of America NA		5.93	%	Dow Jones U.S. SemiconductorsSM Indexc		19,059,950
	19,265,017	11/6/2023	BNP Paribas SA		5.83	%	Dow Jones U.S. SemiconductorsSM Indexc		1,245,917
	9,472,739	4/8/2024	Goldman Sachs International		5.93	%	Dow Jones U.S. SemiconductorsSM Indexc		4,137,756
	75,905,608	11/6/2023	J.P. Morgan Securities		5.78	%	Dow Jones U.S. SemiconductorsSM Indexc		5,703,439
	40,601,873	3/6/2024	Morgan Stanley & Co. International plc		5.93	%	Dow Jones U.S. SemiconductorsSM Indexc		11,218,281
	62,062,421	3/6/2025	Societe Generale		6.18	%	Dow Jones U.S. SemiconductorsSM Indexc		5,014,847
	179,198,669	5/6/2025	UBS AG		5.68	%	Dow Jones U.S. SemiconductorsSM Indexc		9,342,466
	413,636,088								55,722,656
							Total Unrealized Appreciation		55,722,656

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 85.5%
Aerospace & Defense - 1.0%
AAR Corp.*		854		52,606
AeroVironment, Inc.*		654		63,458
Kaman Corp.		730		16,374
Mercury Systems, Inc.*		1,514		59,425
Moog, Inc., Class A		744		86,423
National Presto Industries, Inc.		132		9,880
Triumph Group, Inc.*		1,683		15,837
				304,003
Air Freight & Logistics - 0.4%
Forward Air Corp.		672		47,591
Hub Group, Inc., Class A*		849		66,256
				113,847
Automobile Components - 1.3%
American Axle & Manufacturing Holdings, Inc.*		3,029		22,869
Dana, Inc.		3,326		53,582
Dorman Products, Inc.*		733		60,480
Gentherm, Inc.*		858		51,660
LCI Industries		655		82,058
Patrick Industries, Inc.		549		45,918
Phinia, Inc.*		1,180		32,804
Standard Motor Products, Inc.		488		18,071
XPEL, Inc.*(a)		508		42,317
				409,759
Automobiles - 0.2%
Winnebago Industries, Inc.		791		51,296
Banks - 7.6%
Ameris Bancorp		1,689		68,827
Atlantic Union Bankshares Corp.		1,942		57,658
Axos Financial, Inc.*		1,362		58,689
Banc of California, Inc.		1,387		17,379
BancFirst Corp.		451		43,107
Bancorp, Inc. (The)*		1,416		51,981
Bank of Hawaii Corp.		1,026		55,137
BankUnited, Inc.		1,927		50,584
Banner Corp.		889		38,716
Berkshire Hills Bancorp, Inc.		1,146		23,951
Brookline Bancorp, Inc.		2,273		21,753
Capitol Federal Financial, Inc.		3,278		18,586
Central Pacific Financial Corp.		699		11,862
City Holding Co.		390		35,630
Community Bank System, Inc.		1,391		66,142
Customers Bancorp, Inc.*		761		26,741
CVB Financial Corp.		3,390		59,189
Dime Community Bancshares, Inc.		844		17,986
Eagle Bancorp, Inc.		795		19,128
FB Financial Corp.		908		27,585
First Bancorp(b)		4,654		64,504
First Bancorp		1,061		31,448
First Commonwealth Financial Corp.		2,664		34,818
First Financial Bancorp		2,464		51,202
First Hawaiian, Inc.		3,304		62,479
Fulton Financial Corp.		4,285		57,119
Hanmi Financial Corp.		791		13,700
Heritage Financial Corp.		907		15,618
Hilltop Holdings, Inc.		1,195		36,316
Hope Bancorp, Inc.		3,105		30,025
Independent Bank Corp.		1,142		61,691
Independent Bank Group, Inc.		919		38,782
Lakeland Financial Corp.		658		34,301
National Bank Holdings Corp., Class A		977		30,815
NBT Bancorp, Inc.		1,223		42,096
Northfield Bancorp, Inc.		1,060		11,172
Northwest Bancshares, Inc.		3,290		36,190
OFG Bancorp		1,231		37,127
Pacific Premier Bancorp, Inc.		2,480		57,090
PacWest Bancorp		3,056		24,295
Park National Corp.		373		37,956
Pathward Financial, Inc.		697		34,341
Preferred Bank		342		21,242
Provident Financial Services, Inc.		1,954		32,202
Renasant Corp.		1,453		40,466
S&T Bancorp, Inc.		1,008		28,557
Seacoast Banking Corp. of Florida		2,169		51,210
ServisFirst Bancshares, Inc.		1,265		70,891
Simmons First National Corp., Class A		3,297		58,753
Southside Bancshares, Inc.		761		22,906
Stellar Bancorp, Inc.		1,173		24,950
Tompkins Financial Corp.		327		16,981
Triumph Financial, Inc.*		569		36,547
TrustCo Bank Corp.		493		14,036
Trustmark Corp.		1,582		36,449
United Community Banks, Inc.		2,982		80,514
Veritex Holdings, Inc.		1,404		26,409
Washington Federal, Inc.		1,704		46,315
Westamerica Bancorp		690		30,381
WSFS Financial Corp.		1,590		62,487
				2,315,012
Beverages - 0.3%
MGP Ingredients, Inc.		399		47,840
National Beverage Corp.*		604		30,991
				78,831
Biotechnology - 1.5%
Anika Therapeutics, Inc.*		382		6,819
Arcus Biosciences, Inc.*		1,362		27,921
Avid Bioservices, Inc.*(b)		1,619		19,104
Catalyst Pharmaceuticals, Inc.*		2,525		35,451
Coherus Biosciences, Inc.*		1,731		9,226
Cytokinetics, Inc.*		2,476		86,511
Dynavax Technologies Corp.*		3,094		44,430
Enanta Pharmaceuticals, Inc.*		513		7,618
Ironwood Pharmaceuticals, Inc., Class A*		3,499		30,791
iTeos Therapeutics, Inc.*		639		7,710
Myriad Genetics, Inc.*		2,111		37,681
REGENXBIO, Inc.*		979		17,328
uniQure NV*		1,084		9,442
Vanda Pharmaceuticals, Inc.*		1,487		7,717
Vericel Corp.*		1,232		40,447
Vir Biotechnology, Inc.*		1,977		25,029
Xencor, Inc.*		1,564		34,377
				447,602
Building Products - 1.6%
AAON, Inc.		1,664		104,932
American Woodmark Corp.*		430		33,398
Apogee Enterprises, Inc.		577		29,115
AZZ, Inc.		645		31,669
Gibraltar Industries, Inc.*		787		59,049

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Griffon Corp.		1,229		51,458
Insteel Industries, Inc.		504		17,514
Masterbrand, Inc.*		3,327		42,619
PGT Innovations, Inc.*		1,520		42,849
Quanex Building Products Corp.		861		23,230
Resideo Technologies, Inc.*		3,809		64,220
				500,053
Capital Markets - 1.3%
Artisan Partners Asset Management, Inc., Class A		1,772		68,080
Avantax, Inc.*		1,000		20,920
B Riley Financial, Inc.(b)		408		20,892
Brightsphere Investment Group, Inc.		837		17,334
Donnelley Financial Solutions, Inc.*		655		32,272
Moelis & Co., Class A		1,723		81,688
Piper Sandler Cos.		382		56,910
StoneX Group, Inc.*		456		42,809
Virtus Investment Partners, Inc.		177		36,657
WisdomTree, Inc.		2,937		21,440
				399,002
Chemicals - 2.4%
AdvanSix, Inc.		714		23,619
American Vanguard Corp.		716		9,895
Balchem Corp.		834		117,177
FutureFuel Corp.		668		4,730
Hawkins, Inc.		491		30,535
HB Fuller Co.		1,394		101,107
Ingevity Corp.*		884		47,639
Innospec, Inc.		644		69,179
Koppers Holdings, Inc.		539		20,638
Livent Corp.*		4,653		99,900
Mativ Holdings, Inc.		1,420		23,288
Minerals Technologies, Inc.		843		51,507
Quaker Chemical Corp.		354		62,828
Stepan Co.		549		47,911
Trinseo plc		910		9,582
				719,535
Commercial Services & Supplies - 1.8%
ABM Industries, Inc.		1,711		77,714
Brady Corp., Class A		1,194		60,225
CoreCivic, Inc.*		2,943		31,667
Deluxe Corp.		1,125		22,747
Enviri Corp.*		2,064		15,377
GEO Group, Inc. (The)*		3,263		23,624
Healthcare Services Group, Inc.		1,921		22,188
HNI Corp.		1,202		39,377
Interface, Inc.		1,502		15,516
Liquidity Services, Inc.*		604		11,023
Matthews International Corp., Class A		788		33,238
MillerKnoll, Inc.		1,958		37,398
OPENLANE, Inc.*		2,828		44,145
Pitney Bowes, Inc.		4,229		13,913
UniFirst Corp.		391		68,867
Viad Corp.*		539		15,302
				532,321
Communications Equipment - 1.2%
ADTRAN Holdings, Inc.		1,853		15,843
Clearfield, Inc.*(b)		328		11,529
Digi International, Inc.*		929		31,010
Extreme Networks, Inc.*		3,339		91,656
Harmonic, Inc.*		2,884		30,801
NETGEAR, Inc.*		753		9,924
NetScout Systems, Inc.*		1,745		49,959
Viasat, Inc.*		1,977		54,842
Viavi Solutions, Inc.*		5,759		60,182
				355,746
Construction & Engineering - 1.5%
Arcosa, Inc.		1,254		98,088
Comfort Systems USA, Inc.		926		170,912
Dycom Industries, Inc.*		760		75,947
Granite Construction, Inc.		1,136		46,905
MYR Group, Inc.*		432		61,374
				453,226
Consumer Finance - 0.9%
Bread Financial Holdings, Inc.		1,298		48,779
Encore Capital Group, Inc.*		608		28,491
Enova International, Inc.*		808		40,764
EZCORP, Inc., Class A*		1,357		11,412
Green Dot Corp., Class A*		1,199		17,793
Navient Corp.		2,554		45,078
PRA Group, Inc.*		1,014		19,753
PROG Holdings, Inc.*		1,211		41,537
World Acceptance Corp.*		86		11,594
				265,201
Consumer Staples Distribution & Retail - 0.6%
Andersons, Inc. (The)		815		41,858
Chefs' Warehouse, Inc. (The)*		911		26,000
PriceSmart, Inc.		650		51,662
SpartanNash Co.		909		19,780
United Natural Foods, Inc.*		1,539		30,980
				170,280
Containers & Packaging - 0.3%
Myers Industries, Inc.		951		17,888
O-I Glass, Inc.*		4,020		79,837
				97,725
Diversified Consumer Services - 0.8%
Adtalem Global Education, Inc.*		1,129		49,507
Frontdoor, Inc.*		2,116		69,447
Mister Car Wash, Inc.*		2,076		15,030
Perdoceo Education Corp.		1,747		28,948
Strategic Education, Inc.		579		44,872
Stride, Inc.*		1,059		44,997
				252,801
Diversified REITs - 0.7%
Alexander & Baldwin, Inc., REIT		1,879		33,841
American Assets Trust, Inc., REIT		1,352		28,946
Armada Hoffler Properties, Inc., REIT		1,759		20,035
Essential Properties Realty Trust, Inc., REIT		3,853		92,549
Global Net Lease, Inc., REIT		2,688		30,509
				205,880
Diversified Telecommunication Services - 0.4%
ATN International, Inc.		277		9,936
Cogent Communications Holdings, Inc.		1,114		78,626
Consolidated Communications Holdings, Inc.*		1,933		7,635
Lumen Technologies, Inc.*		23,923		38,038
				134,235
Electric Utilities - 0.3%
Otter Tail Corp.		1,080		88,960

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Electrical Equipment - 0.4%
Encore Wire Corp.		465		76,637
Powell Industries, Inc.		236		19,817
SunPower Corp.*(b)		2,220		15,895
				112,349
Electronic Equipment, Instruments & Components - 3.8%
Advanced Energy Industries, Inc.		972		114,764
Arlo Technologies, Inc.*		2,378		23,233
Badger Meter, Inc.		759		126,055
Benchmark Electronics, Inc.		922		23,732
CTS Corp.		817		36,479
ePlus, Inc.*		697		46,267
Fabrinet*		940		151,124
Insight Enterprises, Inc.*		750		120,067
Itron, Inc.*		1,176		80,450
Knowles Corp.*		2,366		37,927
Methode Electronics, Inc.		932		30,057
OSI Systems, Inc.*		403		54,949
PC Connection, Inc.		293		15,564
Plexus Corp.*		716		72,710
Rogers Corp.*		482		69,654
Sanmina Corp.*		1,511		84,163
ScanSource, Inc.*		645		21,143
TTM Technologies, Inc.*		2,656		39,574
				1,147,912
Energy Equipment & Services - 1.8%
Archrock, Inc.		3,489		44,624
Bristow Group, Inc., Class A*		609		16,869
Core Laboratories, Inc.		1,208		29,040
Dril-Quip, Inc.*		884		24,381
Helix Energy Solutions Group, Inc.*		3,687		37,386
Helmerich & Payne, Inc.		2,656		106,214
Nabors Industries Ltd.*		235		26,012
Oceaneering International, Inc.*		2,609		59,459
Oil States International, Inc.*		1,664		13,046
Patterson-UTI Energy, Inc.		8,302		117,390
ProPetro Holding Corp.*		2,506		24,158
RPC, Inc.		2,149		17,171
US Silica Holdings, Inc.*		1,995		24,598
				540,348
Entertainment - 0.5%
Cinemark Holdings, Inc.*		2,801		45,600
Madison Square Garden Sports Corp.		460		81,880
Marcus Corp. (The)		637		9,676
				137,156
Financial Services - 1.6%
EVERTEC, Inc.		1,685		66,675
Jackson Financial, Inc., Class A		1,513		56,889
Mr Cooper Group, Inc.*		1,762		99,835
NMI Holdings, Inc., Class A*		2,156		61,705
Payoneer Global, Inc.*		5,309		32,862
Radian Group, Inc.		4,048		109,620
Walker & Dunlop, Inc.		803		68,528
				496,114
Food Products - 1.5%
B&G Foods, Inc.		1,869		23,905
Calavo Growers, Inc.		459		15,129
Cal-Maine Foods, Inc.		984		47,025
Fresh Del Monte Produce, Inc.		795		20,312
Hain Celestial Group, Inc. (The)*		2,315		24,516
Hostess Brands, Inc., Class A*		3,440		97,971
J & J Snack Foods Corp.		389		63,069
John B Sanfilippo & Son, Inc.		232		23,281
Simply Good Foods Co. (The)*		2,190		79,015
Tootsie Roll Industries, Inc.		466		14,982
TreeHouse Foods, Inc.*		1,312		61,034
				470,239
Gas Utilities - 0.3%
Chesapeake Utilities Corp.		461		50,756
Northwest Natural Holding Co.		931		36,570
				87,326
Ground Transportation - 0.6%
ArcBest Corp.		621		65,571
Heartland Express, Inc.		1,207		18,214
Marten Transport Ltd.		1,493		31,353
RXO, Inc.*		3,032		54,819
				169,957
Health Care Equipment & Supplies - 2.1%
AngioDynamics, Inc.*		1,016		8,158
Artivion, Inc.*		1,058		17,901
Avanos Medical, Inc.*		1,208		25,416
CONMED Corp.		791		88,165
Embecta Corp.		1,483		27,183
Glaukos Corp.*		1,248		93,775
Integer Holdings Corp.*		862		73,537
LeMaitre Vascular, Inc.		505		29,194
Merit Medical Systems, Inc.*		1,488		97,137
OraSure Technologies, Inc.*		1,897		12,255
Orthofix Medical, Inc.*		898		19,002
STAAR Surgical Co.*		1,247		54,070
Tandem Diabetes Care, Inc.*		1,673		45,773
UFP Technologies, Inc.*		179		31,452
Varex Imaging Corp.*		1,046		20,575
Zynex, Inc.*		550		4,235
				647,828
Health Care Providers & Services - 2.7%
AdaptHealth Corp., Class A*		1,980		23,621
Addus HomeCare Corp.*		419		36,746
Agiliti, Inc.*		871		8,405
AMN Healthcare Services, Inc.*		1,026		90,678
Apollo Medical Holdings, Inc.*		1,043		39,488
Community Health Systems, Inc.*		3,292		11,127
CorVel Corp.*		235		50,866
Cross Country Healthcare, Inc.*		883		22,746
Enhabit, Inc.*		1,297		16,615
Ensign Group, Inc. (The)		1,450		145,319
Fulgent Genetics, Inc.*		516		16,904
ModivCare, Inc.*		330		10,593
NeoGenomics, Inc.*		3,303		49,644
Owens & Minor, Inc.*		1,973		33,344
Pediatrix Medical Group, Inc.*		2,138		30,210
Privia Health Group, Inc.*		2,425		63,656
RadNet, Inc.*		1,481		49,480
Select Medical Holdings Corp.		2,699		78,838
US Physical Therapy, Inc.		382		38,517
				816,797
Health Care REITs - 0.4%
CareTrust REIT, Inc., REIT		2,575		51,886
Community Healthcare Trust, Inc., REIT		634		21,043
LTC Properties, Inc., REIT		1,072		35,226
Universal Health Realty Income Trust, REIT		329		15,341
				123,496

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Health Care Technology - 0.6%
Certara, Inc.*	2,731	44,133
Computer Programs and Systems, Inc.*	368	5,987
HealthStream, Inc.	628	13,207
NextGen Healthcare, Inc.*	1,384	25,203
Schrodinger, Inc.*	1,388	51,203
Simulations Plus, Inc.	409	18,197
Veradigm, Inc.*	2,829	37,852
		195,782
Hotel & Resort REITs - 0.8%
Chatham Lodging Trust, REIT	1,265	12,372
DiamondRock Hospitality Co., REIT	5,432	43,782
Pebblebrook Hotel Trust, REIT	3,188	46,130
Service Properties Trust, REIT	4,284	35,386
Summit Hotel Properties, Inc., REIT	2,782	16,163
Sunstone Hotel Investors, Inc., REIT	5,362	48,151
Xenia Hotels & Resorts, Inc., REIT	2,835	33,453
		235,437
Hotels, Restaurants & Leisure - 1.7%
BJ's Restaurants, Inc.*	610	17,940
Bloomin' Brands, Inc.	2,260	63,416
Brinker International, Inc.*	1,147	37,541
Cheesecake Factory, Inc. (The)	1,237	39,398
Chuy's Holdings, Inc.*	469	17,869
Cracker Barrel Old Country Store, Inc.	574	47,315
Dave & Buster's Entertainment, Inc.*	1,037	40,723
Dine Brands Global, Inc.	406	22,241
Golden Entertainment, Inc.	575	20,936
Jack in the Box, Inc.	533	42,837
Monarch Casino & Resort, Inc.	347	23,388
Sabre Corp.*(b)	8,597	42,985
Shake Shack, Inc., Class A*	969	67,830
Six Flags Entertainment Corp.*	1,919	44,060
		528,479
Household Durables - 2.6%
Cavco Industries, Inc.*	209	58,420
Century Communities, Inc.	738	54,796
Ethan Allen Interiors, Inc.	591	18,546
Green Brick Partners, Inc.*	695	34,375
Installed Building Products, Inc.	603	87,272
iRobot Corp.*	704	27,379
La-Z-Boy, Inc.	1,117	34,459
LGI Homes, Inc.*	536	65,982
M/I Homes, Inc.*	721	70,788
MDC Holdings, Inc.	1,514	71,839
Meritage Homes Corp.	952	132,366
Sonos, Inc.*	3,323	45,791
Tri Pointe Homes, Inc.*	2,592	80,611
		782,624
Household Products - 0.4%
Central Garden & Pet Co.*	250	11,035
Central Garden & Pet Co., Class A*	1,069	43,615
WD-40 Co.	351	75,420
		130,070
Industrial REITs - 0.5%
Innovative Industrial Properties, Inc., REIT	726	63,365
LXP Industrial Trust, REIT	7,575	74,387
		137,752
Insurance - 2.0%
Ambac Financial Group, Inc.*	1,173	15,108
American Equity Investment Life Holding Co.	1,634	87,713
AMERISAFE, Inc.	496	25,693
Assured Guaranty Ltd.	1,535	90,319
Employers Holdings, Inc.	696	27,304
Genworth Financial, Inc., Class A*	12,375	71,651
Goosehead Insurance, Inc., Class A*	605	42,265
HCI Group, Inc.	177	9,431
Horace Mann Educators Corp.	1,057	30,294
James River Group Holdings Ltd.	974	14,182
Mercury General Corp.	688	19,684
Palomar Holdings, Inc.*	644	32,850
ProAssurance Corp.	1,399	24,734
Safety Insurance Group, Inc.	385	26,515
SiriusPoint Ltd.*	2,220	24,553
Stewart Information Services Corp.	705	32,656
Trupanion, Inc.*(b)	918	27,292
United Fire Group, Inc.	562	11,111
Universal Insurance Holdings, Inc.	709	8,976
		622,331
Interactive Media & Services - 0.6%
Cargurus, Inc., Class A*	2,313	41,888
Cars.com, Inc.*	1,606	30,016
QuinStreet, Inc.*	1,317	13,038
Shutterstock, Inc.	626	26,361
Yelp, Inc.*	1,782	76,359
		187,662
IT Services - 0.2%
Perficient, Inc.*	902	57,539
Leisure Products - 0.2%
Sturm Ruger & Co., Inc.	458	23,624
Vista Outdoor, Inc.*	1,478	43,231
		66,855
Life Sciences Tools & Services - 0.4%
BioLife Solutions, Inc.*	900	11,889
Cytek Biosciences, Inc.*	2,072	15,747
Fortrea Holdings, Inc.*	2,241	61,740
Mesa Laboratories, Inc.	130	18,637
		108,013
Machinery - 4.4%
3D Systems Corp.*	3,396	21,429
Alamo Group, Inc.	267	45,830
Albany International Corp., Class A	807	74,825
Astec Industries, Inc.	588	32,234
Barnes Group, Inc.	1,310	51,483
CIRCOR International, Inc.*	528	29,404
Enerpac Tool Group Corp.	1,480	38,776
EnPro Industries, Inc.	540	73,651
ESCO Technologies, Inc.	667	71,376
Federal Signal Corp.	1,577	96,118
Franklin Electric Co., Inc.	1,004	97,097
Greenbrier Cos., Inc. (The)	827	35,197
Hillenbrand, Inc.	1,802	87,289
John Bean Technologies Corp.	824	90,566
Kennametal, Inc.	2,078	55,005
Lindsay Corp.	285	35,368
Mueller Industries, Inc.	1,475	113,811

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Proto Labs, Inc.*	678	20,001
SPX Technologies, Inc.*	1,178	93,086
Standex International Corp.	308	47,318
Tennant Co.	479	39,484
Titan International, Inc.*	1,324	16,669
Trinity Industries, Inc.	2,101	52,672
Wabash National Corp.	1,230	27,736
		1,346,425
Marine Transportation - 0.3%
Matson, Inc.	928	81,553
Media - 0.6%
AMC Networks, Inc., Class A*	738	8,590
DISH Network Corp., Class A*	6,550	39,300
EW Scripps Co. (The), Class A*	1,518	11,598
John Wiley & Sons, Inc., Class A	1,106	41,099
Scholastic Corp.	756	32,848
TechTarget, Inc.*	668	19,205
Thryv Holdings, Inc.*	802	16,353
		168,993
Metals & Mining - 1.6%
ATI, Inc.*	3,328	150,858
Carpenter Technology Corp.	1,257	78,726
Century Aluminum Co.*	1,339	9,962
Compass Minerals International, Inc.	884	26,653
Haynes International, Inc.	329	16,059
Kaiser Aluminum Corp.	413	31,355
Materion Corp.	533	57,985
Olympic Steel, Inc.	248	13,273
SunCoke Energy, Inc.	2,168	20,162
TimkenSteel Corp.*	1,011	22,151
Warrior Met Coal, Inc.	1,346	53,248
		480,432
Mortgage Real Estate Investment Trusts (REITs) - 1.2%
Apollo Commercial Real Estate Finance, Inc.	3,366	36,757
Arbor Realty Trust, Inc.(b)	4,682	74,725
ARMOUR Residential REIT, Inc.(b)	5,062	24,854
Ellington Financial, Inc.(b)	1,652	22,087
Franklin BSP Realty Trust, Inc.	2,130	30,118
Invesco Mortgage Capital, Inc.	1,078	12,127
KKR Real Estate Finance Trust, Inc.	1,502	18,790
New York Mortgage Trust, Inc.	2,361	22,477
PennyMac Mortgage Investment Trust	2,267	30,400
Ready Capital Corp.(b)	4,179	45,635
Redwood Trust, Inc.	2,952	23,646
Two Harbors Investment Corp.	2,503	34,466
		376,082
Multi-Utilities - 0.3%
Avista Corp.	1,961	65,282
Unitil Corp.	416	20,309
		85,591
Office REITs - 0.9%
Brandywine Realty Trust, REIT	4,451	22,255
Douglas Emmett, Inc., REIT	4,397	60,107
Easterly Government Properties, Inc., Class A, REIT	2,417	32,315
Hudson Pacific Properties, Inc., REIT	3,320	22,609
JBG SMITH Properties, REIT	2,511	39,373
Office Properties Income Trust, REIT	1,257	9,302
Orion Office REIT, Inc., REIT	1,468	8,559
SL Green Realty Corp., REIT(b)	1,667	65,446
		259,966
Oil, Gas & Consumable Fuels - 2.8%
California Resources Corp.	1,826	101,964
Callon Petroleum Co.*	1,330	52,176
Civitas Resources, Inc.	1,270	104,419
Comstock Resources, Inc.(b)	2,371	29,068
CONSOL Energy, Inc.	826	71,069
CVR Energy, Inc.	755	24,688
Dorian LPG Ltd.	825	21,285
Green Plains, Inc.*	1,541	47,833
Northern Oil and Gas, Inc.	2,097	87,717
Par Pacific Holdings, Inc.*	1,454	49,945
REX American Resources Corp.*	397	15,678
SM Energy Co.	3,121	132,050
Talos Energy, Inc.*	2,795	48,130
Vital Energy, Inc.*	482	29,060
World Kinect Corp.	1,608	35,215
		850,297
Paper & Forest Products - 0.2%
Clearwater Paper Corp.*	438	16,771
Mercer International, Inc.	1,049	9,535
Sylvamo Corp.	827	34,544
		60,850
Passenger Airlines - 0.4%
Allegiant Travel Co.	406	36,069
Hawaiian Holdings, Inc.*	1,335	11,454
SkyWest, Inc.*	1,150	51,865
Sun Country Airlines Holdings, Inc.*	947	14,101
		113,489
Personal Care Products - 1.2%
Edgewell Personal Care Co.	1,325	51,092
elf Beauty, Inc.*	1,311	181,849
Inter Parfums, Inc.	464	64,834
Medifast, Inc.	282	23,784
Nu Skin Enterprises, Inc., Class A	1,292	30,866
USANA Health Sciences, Inc.*	290	18,644
		371,069
Pharmaceuticals - 1.4%
Amphastar Pharmaceuticals, Inc.*	975	51,977
ANI Pharmaceuticals, Inc.*	361	23,245
Collegium Pharmaceutical, Inc.*	895	20,961
Corcept Therapeutics, Inc.*	2,341	76,621
Harmony Biosciences Holdings, Inc.*	776	28,130
Innoviva, Inc.*	1,526	19,457
Ligand Pharmaceuticals, Inc.*	424	27,886
Pacira BioSciences, Inc.*	1,191	42,042
Phibro Animal Health Corp., Class A	527	7,352
Prestige Consumer Healthcare, Inc.*	1,287	75,071
Supernus Pharmaceuticals, Inc.*	1,410	44,894
		417,636
Professional Services - 0.9%
CSG Systems International, Inc.	787	42,742
Forrester Research, Inc.*	294	9,005

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Heidrick & Struggles International, Inc.	519	13,748
Kelly Services, Inc., Class A	848	15,680
Korn Ferry	1,356	69,129
NV5 Global, Inc.*	325	33,079
Resources Connection, Inc.	827	12,827
TrueBlue, Inc.*	803	12,149
TTEC Holdings, Inc.	490	14,582
Verra Mobility Corp., Class A*	3,621	64,418
		287,359
Real Estate Management & Development - 0.7%
Anywhere Real Estate, Inc.*	2,858	18,748
Cushman & Wakefield plc*	4,233	38,901
eXp World Holdings, Inc.	1,907	36,653
Kennedy-Wilson Holdings, Inc.	3,068	48,996
Marcus & Millichap, Inc.	628	20,912
RE/MAX Holdings, Inc., Class A	469	7,598
St Joe Co. (The)	877	54,146
		225,954
Residential REITs - 0.4%
Centerspace, REIT	388	25,119
Elme Communities, REIT	2,271	34,928
NexPoint Residential Trust, Inc., REIT	596	22,380
Veris Residential, Inc., REIT*	2,065	38,430
		120,857
Retail REITs - 1.7%
Acadia Realty Trust, REIT	2,465	36,704
Getty Realty Corp., REIT	1,166	35,003
Macerich Co. (The), REIT	5,569	65,101
Phillips Edison & Co., Inc., REIT	3,037	102,833
Retail Opportunity Investments Corp., REIT	3,263	43,920
RPT Realty, REIT	2,244	25,447
Saul Centers, Inc., REIT	334	12,545
SITE Centers Corp., REIT	4,714	62,932
Tanger Factory Outlet Centers, Inc., REIT	2,723	63,310
Urban Edge Properties, REIT	3,044	49,800
Whitestone REIT, REIT	1,203	12,030
		509,625
Semiconductors & Semiconductor Equipment - 3.9%
Alpha & Omega Semiconductor Ltd.*	576	18,173
Axcelis Technologies, Inc.*	847	162,751
CEVA, Inc.*	606	14,071
Cohu, Inc.*	1,231	46,027
Diodes, Inc.*	1,184	96,910
FormFactor, Inc.*	1,997	70,534
Ichor Holdings Ltd.*	753	27,582
Kulicke & Soffa Industries, Inc.	1,465	75,785
MaxLinear, Inc., Class A*	1,905	44,768
Onto Innovation, Inc.*	1,267	176,088
PDF Solutions, Inc.*	774	28,127
Photronics, Inc.*	1,617	38,420
Rambus, Inc.*	2,818	159,133
Semtech Corp.*	1,656	43,304
SiTime Corp.*	426	56,526
SMART Global Holdings, Inc.*	1,270	32,804
Ultra Clean Holdings, Inc.*	1,157	40,680
Veeco Instruments, Inc.*	1,339	39,085
		1,170,768
Software - 2.4%
8x8, Inc.*	2,927	9,513
A10 Networks, Inc.	1,666	24,807
Adeia, Inc.	2,759	27,755
Agilysys, Inc.*	516	36,401
Alarm.com Holdings, Inc.*	1,290	75,555
Cerence, Inc.*	1,043	27,222
Consensus Cloud Solutions, Inc.*	453	14,464
Digital Turbine, Inc.*	2,337	20,823
DoubleVerify Holdings, Inc.*	2,622	88,650
Ebix, Inc.(b)	608	10,154
InterDigital, Inc.	692	60,003
LiveRamp Holdings, Inc.*	1,676	54,202
N-able, Inc.*	1,744	23,317
OneSpan, Inc.*	920	11,270
Progress Software Corp.	1,121	68,202
SPS Commerce, Inc.*	946	176,079
Xperi, Inc.*	1,101	12,992
		741,409
Specialized REITs - 0.5%
Four Corners Property Trust, Inc., REIT	2,253	56,685
Outfront Media, Inc., REIT	3,802	43,153
Safehold, Inc., REIT	1,042	22,174
Uniti Group, Inc., REIT	6,177	33,170
		155,182
Specialty Retail - 4.2%
Aaron's Co., Inc. (The)	800	9,656
Abercrombie & Fitch Co., Class A*	1,296	69,660
Academy Sports & Outdoors, Inc.	1,996	108,922
Advance Auto Parts, Inc.	1,532	105,432
American Eagle Outfitters, Inc.	4,752	80,594
America's Car-Mart, Inc.*	150	16,696
Asbury Automotive Group, Inc.*	557	128,110
Boot Barn Holdings, Inc.*	771	70,739
Buckle, Inc. (The)	770	28,136
Caleres, Inc.	940	26,950
Chico's FAS, Inc.*	3,196	16,395
Designer Brands, Inc., Class A	1,343	14,115
Group 1 Automotive, Inc.	366	96,778
Guess?, Inc.(b)	775	18,647
Haverty Furniture Cos., Inc.	345	10,798
Hibbett, Inc.	330	15,282
Leslie's, Inc.*	3,853	24,120
MarineMax, Inc.*	566	18,831
Monro, Inc.	813	26,618
National Vision Holdings, Inc.*	2,022	37,023
ODP Corp. (The)*	880	43,402
Sally Beauty Holdings, Inc.*	2,784	28,285
Shoe Carnival, Inc.	439	10,154
Signet Jewelers Ltd.	1,168	87,600
Sleep Number Corp.*	574	14,683
Sonic Automotive, Inc., Class A	412	21,968
Upbound Group, Inc.	1,303	39,898
Urban Outfitters, Inc.*	1,558	51,741
Victoria's Secret & Co.*	2,028	38,897
		1,260,130
Technology Hardware, Storage & Peripherals - 0.1%
Avid Technology, Inc.*	864	23,034
Corsair Gaming, Inc.*	1,057	16,616
		39,650
Textiles, Apparel & Luxury Goods - 0.8%
G-III Apparel Group Ltd.*	1,062	21,081

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares	Value ($)
Hanesbrands, Inc.	9,049	47,507
Kontoor Brands, Inc.	1,292	59,161
Movado Group, Inc.	405	11,077
Oxford Industries, Inc.	384	38,780
Steven Madden Ltd.	1,850	63,825
Wolverine World Wide, Inc.	2,057	16,620
		258,051
Tobacco - 0.2%
Universal Corp.	636	30,286
Vector Group Ltd.	3,433	36,768
		67,054
Trading Companies & Distributors - 1.5%
Applied Industrial Technologies, Inc.	1,001	154,524
Boise Cascade Co.	1,025	112,104
DXP Enterprises, Inc.*	378	13,445
GMS, Inc.*	1,069	74,125
NOW, Inc.*	2,769	30,930
Veritiv Corp.	351	59,084
		444,212
Water Utilities - 0.8%
American States Water Co.	957	80,589
California Water Service Group	1,450	72,863
Middlesex Water Co.	458	34,469
SJW Group	716	47,084
		235,005
Wireless Telecommunication Services - 0.3%
Gogo, Inc.*	1,698	19,272
Shenandoah Telecommunications Co.	1,301	29,585
Telephone and Data Systems, Inc.	2,558	54,971
		103,828
TOTAL COMMON STOCKS (Cost $26,871,488)		25,928,848
SECURITIES LENDING REINVESTMENTS(c) - 1.2%
INVESTMENT COMPANIES - 1.2%
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $364,630)	364,630	364,630
Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 10.9%
REPURCHASE AGREEMENTS(d) - 10.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,320,230
(Cost $3,319,743)	3,319,743	3,319,743
Total Investments - 97.6% (Cost $30,555,861)		29,613,221
Other assets less liabilities - 2.4%		742,227
Net Assets - 100.0%		30,355,448

*	Non-income producing security.
(a)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(b)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $409,653, collateralized in the form of cash with a value of $364,630 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $56,829 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 5.25%, and maturity dates ranging from July 15, 2024 – February 15, 2051. The total value of collateral is $421,459.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $364,630.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	7,419,004	2/11/2025	Bank of America NA		5.88	%	S&P SmallCap 600®		315,696
	5,979,862	3/6/2024	Citibank NA		5.68	%	S&P SmallCap 600®		(127,525	)
	5,810,551	3/6/2024	Morgan Stanley & Co. International plc		5.93	%	S&P SmallCap 600®		25,324
	6,790,836	4/8/2024	Societe Generale		5.98	%	S&P SmallCap 600®		(64,702	)
	8,784,532	11/7/2024	UBS AG		5.63	%	S&P SmallCap 600®		(382,186	)
	34,784,785								(233,393	)
							Total Unrealized Appreciation		341,020
							Total Unrealized Depreciation		(574,413	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Technology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 72.6%
Communications Equipment - 3.0%
Arista Networks, Inc.*		12,872		2,513,000
Cisco Systems, Inc.		211,125		12,108,019
F5, Inc.*		3,117		510,128
Juniper Networks, Inc.		16,577		482,722
Motorola Solutions, Inc.		8,645		2,451,463
				18,065,332
Electronic Equipment, Instruments & Components - 1.9%
Amphenol Corp., Class A		30,687		2,712,117
CDW Corp.		6,948		1,467,070
Corning, Inc.		39,439		1,294,388
Keysight Technologies, Inc.*		9,182		1,223,961
TE Connectivity Ltd.		16,243		2,150,411
Teledyne Technologies, Inc.*		2,425		1,014,377
Trimble, Inc.*		12,770		699,668
Zebra Technologies Corp., Class A*		2,651		729,052
				11,291,044
IT Services - 4.0%
Accenture plc, Class A		32,553		10,539,685
Akamai Technologies, Inc.*		7,845		824,431
Cognizant Technology Solutions Corp., Class A		26,159		1,873,246
DXC Technology Co.*		11,736		243,405
EPAM Systems, Inc.*		2,985		773,085
Gartner, Inc.*		4,074		1,424,596
International Business Machines Corp.		46,806		6,872,525
VeriSign, Inc.*		4,668		969,964
				23,520,937
Semiconductors & Semiconductor Equipment - 18.7%
Advanced Micro Devices, Inc.*		83,008		8,775,644
Analog Devices, Inc.		26,075		4,739,913
Applied Materials, Inc.		43,563		6,654,684
Broadcom, Inc.		21,491		19,833,829
Enphase Energy, Inc.*		7,064		893,808
First Solar, Inc.*		5,121		968,484
Intel Corp.		215,000		7,555,100
KLA Corp.		7,072		3,549,225
Lam Research Corp.		6,925		4,864,120
Microchip Technology, Inc.		28,237		2,310,916
Micron Technology, Inc.		56,412		3,945,455
Monolithic Power Systems, Inc.		2,322		1,210,250
NVIDIA Corp.		47,193		23,292,105
NXP Semiconductors NV		13,389		2,754,385
ON Semiconductor Corp.*		22,261		2,191,818
Qorvo, Inc.*		5,149		552,951
QUALCOMM, Inc.		57,423		6,576,656
Skyworks Solutions, Inc.		8,204		892,103
SolarEdge Technologies, Inc.*		2,904		472,103
Teradyne, Inc.		7,992		862,097
Texas Instruments, Inc.		46,786		7,862,855
				110,758,501
Software - 27.8%
Adobe, Inc.*		23,644		13,225,035
ANSYS, Inc.*		4,467		1,424,392
Autodesk, Inc.*		11,039		2,449,996
Cadence Design Systems, Inc.*		14,056		3,379,625
Fair Isaac Corp.*		1,288		1,165,112
Fortinet, Inc.*		33,593		2,022,635
Gen Digital, Inc.		29,321		593,750
Intuit, Inc.		14,461		7,835,114
Microsoft Corp.		286,165		93,793,440
Oracle Corp.		79,324		9,549,816
Palo Alto Networks, Inc.*		15,598		3,794,993
PTC, Inc.*		5,491		808,111
Roper Technologies, Inc.		5,494		2,741,836
Salesforce, Inc.*		50,465		11,175,979
ServiceNow, Inc.*		10,502		6,183,893
Synopsys, Inc.*		7,851		3,602,745
Tyler Technologies, Inc.*		2,161		861,007
				164,607,479
Technology Hardware, Storage & Peripherals - 17.2%
Apple, Inc.		516,777		97,086,895
Hewlett Packard Enterprise Co.		66,797		1,134,881
HP, Inc.		44,686		1,327,621
NetApp, Inc.		11,026		845,694
Seagate Technology Holdings plc		9,927		702,733
Western Digital Corp.*		16,492		742,140
				101,839,964
TOTAL COMMON STOCKS (Cost $380,111,509)				430,083,257

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 3.0%
REPURCHASE AGREEMENTS(a) - 3.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $17,752,448
(Cost $17,749,846)	17,749,846	17,749,846
Total Investments - 75.6% (Cost $397,861,355)		447,833,103
Other assets less liabilities - 24.4%		144,423,348
Net Assets - 100.0%		592,256,451

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Technology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Technology had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	201,793,958	3/6/2025	Bank of America NA		5.93	%	S&P Technology Select Sector Indexc		49,449,031
	34,361,211	3/6/2025	BNP Paribas SA		5.93	%	S&P Technology Select Sector Indexc		4,016,744
	35,053,593	4/7/2025	Citibank NA		5.78	%	S&P Technology Select Sector Indexc		3,625,720
	24,950,471	3/6/2025	Goldman Sachs International		5.93	%	S&P Technology Select Sector Indexc		3,281,483
	226,931,655	3/6/2025	J.P. Morgan Securities		5.73	%	S&P Technology Select Sector Indexc		521,519
	98,314,677	3/6/2025	Societe Generale		6.08	%	S&P Technology Select Sector Indexc		19,214,564
	133,797,476	5/6/2025	UBS AG		5.78	%	S&P Technology Select Sector Indexc		5,034,937
	755,203,041								85,143,998
							Total Unrealized Appreciation		85,143,998

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 74.2%
Electric Utilities - 48.6%
Alliant Energy Corp.		1,683		84,436
American Electric Power Co., Inc.		3,447		270,245
Constellation Energy Corp.		2,172		226,236
Duke Energy Corp.		5,160		458,208
Edison International		2,564		176,531
Entergy Corp.		1,416		134,874
Evergy, Inc.		1,538		84,544
Eversource Energy		2,336		149,084
Exelon Corp.		6,659		267,159
FirstEnergy Corp.		3,644		131,439
NextEra Energy, Inc.		13,548		905,006
NRG Energy, Inc.		1,542		57,902
PG&E Corp.*		10,824		176,431
Pinnacle West Capital Corp.		758		58,571
PPL Corp.		4,935		122,980
Southern Co. (The)		7,301		494,497
Xcel Energy, Inc.		3,685		210,524
				4,008,667
Gas Utilities - 1.3%
Atmos Energy Corp.		967		112,124
Independent Power and Renewable Electricity Producers - 1.0%
AES Corp. (The)		4,482		80,362
Multi-Utilities - 21.1%
Ameren Corp.		1,758		139,357
CenterPoint Energy, Inc.		4,225		117,835
CMS Energy Corp.		1,953		109,739
Consolidated Edison, Inc.		2,320		206,387
Dominion Energy, Inc.		5,597		271,678
DTE Energy Co.		1,380		142,665
NiSource, Inc.		2,766		74,018
Public Service Enterprise Group, Inc.		3,341		204,068
Sempra		4,214		295,907
WEC Energy Group, Inc.		2,112		177,662
				1,739,316
Water Utilities - 2.2%
American Water Works Co., Inc.		1,303		180,778
TOTAL COMMON STOCKS (Cost $6,546,045)				6,121,247

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 12.4%
REPURCHASE AGREEMENTS(a) - 12.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,025,742
(Cost $1,025,594)	1,025,594	1,025,594
Total Investments - 86.6% (Cost $7,571,639)		7,146,841
Other assets less liabilities - 13.4%		1,107,452
Net Assets - 100.0%		8,254,293

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

Ultra Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	5,280,939	3/6/2025	Bank of America NA		5.53	%	S&P Utilities Select Sector Indexc		(671,181	)
	1,132,083	3/6/2025	Goldman Sachs International		5.93	%	S&P Utilities Select Sector Indexc		(119,616	)
	2,042,436	3/6/2025	Societe Generale		6.08	%	S&P Utilities Select Sector Indexc		(157,899	)
	1,983,520	3/6/2025	UBS AG		5.68	%	S&P Utilities Select Sector Indexc		(450,133	)
	10,438,978								(1,398,829	)
							Total Unrealized Depreciation		(1,398,829	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

UltraPro Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 77.9%
Aerospace & Defense - 3.3%
Boeing Co. (The)*		88,512		19,829,343
Banks - 2.2%
JPMorgan Chase & Co.		88,514		12,952,254
Beverages - 0.9%
Coca-Cola Co. (The)		88,515		5,295,852
Biotechnology - 3.8%
Amgen, Inc.		88,521		22,691,473
Capital Markets - 4.8%
Goldman Sachs Group, Inc. (The)		88,501		29,002,663
Chemicals - 0.8%
Dow, Inc.		88,519		4,829,597
Communications Equipment - 0.8%
Cisco Systems, Inc.		88,511		5,076,106
Consumer Finance - 2.3%
American Express Co.		88,523		13,985,749
Consumer Staples Distribution & Retail - 2.8%
Walgreens Boots Alliance, Inc.		88,506		2,240,087
Walmart, Inc.		88,530		14,395,863
				16,635,950
Diversified Telecommunication Services - 0.5%
Verizon Communications, Inc.		88,508		3,096,010
Entertainment - 1.2%
Walt Disney Co. (The)*		88,509		7,406,433
Financial Services - 3.6%
Visa, Inc., Class A		88,522		21,748,085
Health Care Providers & Services - 7.0%
UnitedHealth Group, Inc.		88,521		42,187,338
Hotels, Restaurants & Leisure - 4.2%
McDonald's Corp.		88,521		24,887,679
Household Products - 2.3%
Procter & Gamble Co. (The)		88,529		13,663,566
Industrial Conglomerates - 4.4%
3M Co.		88,511		9,441,468
Honeywell International, Inc.		88,653		16,661,445
				26,102,913
Insurance - 2.4%
Travelers Cos., Inc. (The)		88,525		14,272,886
IT Services - 2.2%
International Business Machines Corp.		88,521		12,997,538
Machinery - 4.2%
Caterpillar, Inc.		88,525		24,887,033
Oil, Gas & Consumable Fuels - 2.4%
Chevron Corp.		88,530		14,262,183
Pharmaceuticals - 4.0%
Johnson & Johnson		88,585		14,322,423
Merck & Co., Inc.		88,517		9,646,583
				23,969,006
Semiconductors & Semiconductor Equipment - 0.5%
Intel Corp.		88,507		3,110,136
Software - 8.1%
Microsoft Corp.		88,521		29,013,643
Salesforce, Inc.*		88,516		19,602,753
				48,616,396
Specialty Retail - 4.9%
Home Depot, Inc. (The)		88,568		29,254,010
Technology Hardware, Storage & Peripherals - 2.8%
Apple, Inc.		88,527		16,631,568
Textiles, Apparel & Luxury Goods - 1.5%
NIKE, Inc., Class B		88,517		9,003,064
TOTAL COMMON STOCKS (Cost $512,257,304)				466,394,831

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 0.6%
REPURCHASE AGREEMENTS(a) - 0.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,864,572
(Cost $3,864,006)		3,864,006		3,864,006
Total Investments - 78.5% (Cost $516,121,310)				470,258,837
Other assets less liabilities - 21.5%				129,137,332
Net Assets - 100.0%				599,396,169

*	Non-income producing security.
(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

UltraPro Dow30^SM had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	43	9/15/2023	U.S. Dollar	$	7,480,065	$	148,519

Swap Agreements

UltraPro Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	262,219,864	2/11/2025	Bank of America NA		5.98	%	Dow Jones Industrial AverageSM		7,524,757
	169,547,087	11/6/2023	Barclays Capital		5.93	%	Dow Jones Industrial AverageSM		7,594
	170,519,300	2/11/2025	BNP Paribas SA		5.93	%	Dow Jones Industrial AverageSM		8,990,988
	119,894,755	4/8/2024	Citibank NA		5.99	%	Dow Jones Industrial AverageSM		(1,369,710	)
	166,699,890	11/6/2023	Morgan Stanley & Co. International plc		5.88	%	Dow Jones Industrial AverageSM		(10,458,290	)
	145,832,022	3/6/2025	Societe Generale		5.93	%	Dow Jones Industrial AverageSM		5,050,485
	289,268,232	11/7/2024	UBS AG		5.48	%	Dow Jones Industrial AverageSM		8,019,513
	1,323,981,150								17,765,337
							Total Unrealized Appreciation		29,593,337
							Total Unrealized Depreciation		(11,828,000	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 73.4%
Aerospace & Defense - 0.9%
BWX Technologies, Inc.		852		62,844
Curtiss-Wright Corp.		357		74,252
Hexcel Corp.		786		57,614
Woodward, Inc.		558		72,188
				266,898
Air Freight & Logistics - 0.2%
GXO Logistics, Inc.*		1,108		70,879
Automobile Components - 1.3%
Adient plc*		882		34,548
Autoliv, Inc.		720		70,272
Fox Factory Holding Corp.*		393		43,548
Gentex Corp.		2,176		71,068
Goodyear Tire & Rubber Co. (The)*		2,638		34,057
Lear Corp.		549		79,106
Visteon Corp.*		264		36,767
				369,366
Automobiles - 0.3%
Harley-Davidson, Inc.		1,220		41,175
Thor Industries, Inc.		497		52,096
				93,271
Banks - 4.0%
Associated Banc-Corp.		1,404		24,331
Bank OZK		1,005		40,371
Cadence Bank		1,705		39,010
Cathay General Bancorp		675		24,050
Columbia Banking System, Inc.		1,940		39,731
Commerce Bancshares, Inc.		1,055		51,790
Cullen/Frost Bankers, Inc.		603		57,002
East West Bancorp, Inc.		1,319		72,993
First Financial Bankshares, Inc.(a)		1,210		34,751
First Horizon Corp.		5,013		62,913
FNB Corp.		3,362		39,100
Glacier Bancorp, Inc.		1,036		31,298
Hancock Whitney Corp.		803		33,124
Home BancShares, Inc.		1,757		38,970
International Bancshares Corp.		494		22,121
New York Community Bancorp, Inc.		6,728		82,620
Old National Bancorp		2,724		41,568
Pinnacle Financial Partners, Inc.		718		47,790
Prosperity Bancshares, Inc.		877		49,822
SouthState Corp.		710		51,333
Synovus Financial Corp.		1,363		42,199
Texas Capital Bancshares, Inc.*		446		27,848
UMB Financial Corp.		405		25,600
United Bankshares, Inc.		1,256		37,781
Valley National Bancorp		3,925		36,032
Webster Financial Corp.		1,628		69,044
Wintrust Financial Corp.		570		44,238
				1,167,430
Beverages - 0.5%
Boston Beer Co., Inc. (The), Class A*		86		31,427
Celsius Holdings, Inc.*		381		74,691
Coca-Cola Consolidated, Inc.		46		32,150
				138,268
Biotechnology - 1.2%
Arrowhead Pharmaceuticals, Inc.*		996		27,529
Exelixis, Inc.*		3,032		67,886
Halozyme Therapeutics, Inc.*		1,228		52,264
Neurocrine Biosciences, Inc.*		910		99,090
United Therapeutics Corp.*		438		98,270
				345,039
Broadline Retail - 0.4%
Kohl's Corp.		1,035		27,573
Macy's, Inc.		2,536		31,015
Nordstrom, Inc.		1,050		17,031
Ollie's Bargain Outlet Holdings, Inc.*		537		41,392
				117,011
Building Products - 3.0%
Advanced Drainage Systems, Inc.		583		74,717
Builders FirstSource, Inc.*		1,193		173,033
Carlisle Cos., Inc.		475		124,934
Fortune Brands Innovations, Inc.		1,179		81,375
Lennox International, Inc.		300		113,043
Owens Corning		839		120,740
Simpson Manufacturing Co., Inc.		397		63,425
Trex Co., Inc.*		1,015		72,441
UFP Industries, Inc.		579		60,419
				884,127
Capital Markets - 1.4%
Affiliated Managers Group, Inc.		337		45,161
Evercore, Inc., Class A		330		46,216
Federated Hermes, Inc., Class B		793		27,565
Interactive Brokers Group, Inc., Class A		958		87,255
Janus Henderson Group plc		1,235		33,925
Jefferies Financial Group, Inc.		1,739		62,065
SEI Investments Co.		943		58,523
Stifel Financial Corp.		989		64,305
				425,015
Chemicals - 1.8%
Ashland, Inc.		452		39,157
Avient Corp.		799		32,048
Axalta Coating Systems Ltd.*		2,063		58,383
Cabot Corp.		524		37,969
Chemours Co. (The)		1,389		47,254
NewMarket Corp.		59		27,709
Olin Corp.		1,122		65,098
RPM International, Inc.		1,202		119,887
Scotts Miracle-Gro Co. (The)		383		21,701
Sensient Technologies Corp.		392		24,151
Westlake Corp.		321		42,045
				515,402
Commercial Services & Supplies - 1.0%
Brink's Co. (The)		434		32,902
Clean Harbors, Inc.*		469		79,420
MSA Safety, Inc.		346		63,207
Stericycle, Inc.*		860		38,021
Tetra Tech, Inc.		498		78,360
				291,910
Communications Equipment - 0.4%
Calix, Inc.*		537		24,976
Ciena Corp.*		1,389		69,422
Lumentum Holdings, Inc.*(a)		641		34,697
				129,095
Construction & Engineering - 1.4%
AECOM		1,295		113,636

UltraPro MidCap400
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
EMCOR Group, Inc.		444		99,567
Fluor Corp.*		1,335		46,712
MasTec, Inc.*		555		55,217
MDU Resources Group, Inc.		1,899		38,664
Valmont Industries, Inc.		196		49,686
				403,482
Construction Materials - 0.3%
Eagle Materials, Inc.		337		63,801
Knife River Corp.*		475		24,443
				88,244
Consumer Finance - 0.2%
FirstCash Holdings, Inc.		345		30,815
SLM Corp.		2,261		32,197
				63,012
Consumer Staples Distribution & Retail - 1.4%
BJ's Wholesale Club Holdings, Inc.*		1,254		84,507
Casey's General Stores, Inc.		349		85,299
Grocery Outlet Holding Corp.*		833		25,698
Performance Food Group Co.*		1,455		90,399
Sprouts Farmers Market, Inc.*		958		39,077
US Foods Holding Corp.*		2,113		85,429
				410,409
Containers & Packaging - 1.5%
AptarGroup, Inc.		609		80,729
Berry Global Group, Inc.		1,111		72,593
Crown Holdings, Inc.		1,121		103,872
Graphic Packaging Holding Co.		2,861		63,629
Greif, Inc., Class A		244		17,712
Silgan Holdings, Inc.		781		35,246
Sonoco Products Co.		914		52,509
				426,290
Diversified Consumer Services - 0.7%
Graham Holdings Co., Class B		38		22,280
Grand Canyon Education, Inc.*		285		33,416
H&R Block, Inc.		1,419		56,732
Service Corp. International		1,408		88,859
				201,287
Diversified Telecommunication Services - 0.3%
Frontier Communications Parent, Inc.*		2,079		33,306
Iridium Communications, Inc.		1,172		57,369
				90,675
Electric Utilities - 0.8%
ALLETE, Inc.		534		29,317
Hawaiian Electric Industries, Inc.		1,022		14,328
IDACORP, Inc.		472		45,237
OGE Energy Corp.		1,866		63,537
PNM Resources, Inc.		800		35,448
Portland General Electric Co.		902		39,562
				227,429
Electrical Equipment - 1.6%
Acuity Brands, Inc.		295		47,578
EnerSys		382		40,102
Hubbell, Inc., Class B		497		162,047
nVent Electric plc		1,542		87,185
Regal Rexnord Corp.		618		100,233
Sunrun, Inc.*		2,010		31,416
Vicor Corp.*		209		14,164
				482,725
Electronic Equipment, Instruments & Components - 2.7%
Arrow Electronics, Inc.*		527		70,318
Avnet, Inc.		851		43,188
Belden, Inc.		395		37,090
Cognex Corp.		1,607		75,658
Coherent Corp.*		1,299		48,881
Crane NXT Co.		449		26,653
IPG Photonics Corp.*		290		31,424
Jabil, Inc.		1,236		141,423
Littelfuse, Inc.		232		61,963
National Instruments Corp.		1,226		73,070
Novanta, Inc.*		334		55,771
TD SYNNEX Corp.		385		39,174
Vishay Intertechnology, Inc.		1,188		32,599
Vontier Corp.		1,449		45,513
				782,725
Energy Equipment & Services - 0.6%
ChampionX Corp.		1,844		66,550
NOV, Inc.		3,670		77,547
Valaris Ltd.*		559		42,104
				186,201
Entertainment - 0.1%
World Wrestling Entertainment, Inc., Class A		403		38,910
Financial Services - 1.1%
Essent Group Ltd.		999		50,170
Euronet Worldwide, Inc.*		441		38,526
MGIC Investment Corp.		2,672		46,974
Voya Financial, Inc.		917		63,896
Western Union Co. (The)		3,487		43,064
WEX, Inc.*		398		78,080
				320,710
Food Products - 1.0%
Darling Ingredients, Inc.*		1,489		91,960
Flowers Foods, Inc.		1,798		42,361
Ingredion, Inc.		615		63,290
Lancaster Colony Corp.		183		30,230
Pilgrim's Pride Corp.*		419		10,542
Post Holdings, Inc.*		497		44,586
				282,969
Gas Utilities - 0.8%
National Fuel Gas Co.		855		45,947
New Jersey Resources Corp.		905		38,164
ONE Gas, Inc.		515		37,322
Southwest Gas Holdings, Inc.		611		37,839
Spire, Inc.		492		28,738
UGI Corp.		1,949		49,076
				237,086
Ground Transportation - 1.6%
Avis Budget Group, Inc.*		223		47,586
Hertz Global Holdings, Inc.*		1,469		24,900
Knight-Swift Transportation Holdings, Inc.		1,498		82,120
Landstar System, Inc.		336		63,776
Ryder System, Inc.		435		43,804
Saia, Inc.*		248		105,698
Werner Enterprises, Inc.		548		22,802
XPO, Inc.*		1,079		80,526
				471,212
Health Care Equipment & Supplies - 2.3%
Enovis Corp.*		447		25,051
Envista Holdings Corp.*		1,526		48,862
Globus Medical, Inc., Class A*		1,111		60,105
Haemonetics Corp.*		470		42,173
ICU Medical, Inc.*		187		27,121

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Inari Medical, Inc.*		480		31,978
Integra LifeSciences Holdings Corp.*		663		28,204
Lantheus Holdings, Inc.*		638		43,665
LivaNova plc*		499		27,719
Masimo Corp.*		452		51,654
Neogen Corp.*		2,017		46,633
Omnicell, Inc.*		421		23,938
Penumbra, Inc.*		356		94,162
QuidelOrtho Corp.*		502		41,345
Shockwave Medical, Inc.*		343		75,594
				668,204
Health Care Providers & Services - 1.7%
Acadia Healthcare Co., Inc.*		857		66,075
Amedisys, Inc.*		303		28,406
Chemed Corp.		141		72,113
Encompass Health Corp.		937		66,565
HealthEquity, Inc.*		797		53,837
Option Care Health, Inc.*		1,541		53,673
Patterson Cos., Inc.		814		24,453
Progyny, Inc.*		716		26,735
R1 RCM, Inc.*		1,283		22,119
Tenet Healthcare Corp.*		948		73,527
				487,503
Health Care REITs - 0.8%
Healthcare Realty Trust, Inc., Class A, REIT		3,548		62,161
Medical Properties Trust, Inc., REIT		5,573		40,237
Omega Healthcare Investors, Inc., REIT		2,182		69,431
Physicians Realty Trust, REIT		2,222		30,908
Sabra Health Care REIT, Inc., REIT		2,152		26,965
				229,702
Health Care Technology - 0.1%
Doximity, Inc., Class A*		1,105		26,343
Hotel & Resort REITs - 0.1%
Park Hotels & Resorts, Inc., REIT		2,010		25,788
Hotels, Restaurants & Leisure - 2.4%
Aramark		2,429		90,310
Boyd Gaming Corp.		718		48,013
Choice Hotels International, Inc.		248		31,471
Churchill Downs, Inc.		614		76,922
Hilton Grand Vacations, Inc.*		719		31,435
Light & Wonder, Inc.*		848		65,016
Marriott Vacations Worldwide Corp.		345		37,498
Papa John's International, Inc.		275		20,817
Penn Entertainment, Inc.*		1,437		34,042
Planet Fitness, Inc., Class A*		791		48,093
Texas Roadhouse, Inc.		624		64,958
Travel + Leisure Co.		713		28,663
Wendy's Co. (The)		1,572		31,110
Wingstop, Inc.		276		44,337
Wyndham Hotels & Resorts, Inc.		800		60,312
				712,997
Household Durables - 1.3%
Helen of Troy Ltd.*		225		27,657
KB Home		747		37,948
Leggett & Platt, Inc.		1,241		34,996
Taylor Morrison Home Corp., Class A*		1,017		48,206
Tempur Sealy International, Inc.		1,602		74,845
Toll Brothers, Inc.		958		78,489
TopBuild Corp.*		295		85,574
				387,715
Household Products - 0.1%
Energizer Holdings, Inc.		618		21,228
Independent Power and Renewable Electricity Producers - 0.1%
Ormat Technologies, Inc.		492		37,362
Industrial REITs - 1.0%
EastGroup Properties, Inc., REIT		413		74,187
First Industrial Realty Trust, Inc., REIT		1,233		64,042
Rexford Industrial Realty, Inc., REIT		1,872		100,132
STAG Industrial, Inc., REIT		1,671		61,042
				299,403
Insurance - 3.1%
American Financial Group, Inc.		650		75,348
Brighthouse Financial, Inc.*		622		30,888
CNO Financial Group, Inc.		1,065		24,921
Erie Indemnity Co., Class A		233		64,944
First American Financial Corp.		959		59,151
Hanover Insurance Group, Inc. (The)		334		35,644
Kemper Corp.		599		28,135
Kinsale Capital Group, Inc.		203		80,922
Old Republic International Corp.		2,536		69,360
Primerica, Inc.		338		67,924
Reinsurance Group of America, Inc.		619		85,806
RenaissanceRe Holdings Ltd.		468		87,933
RLI Corp.		378		49,715
Selective Insurance Group, Inc.		563		55,855
Unum Group		1,726		84,902
				901,448
Interactive Media & Services - 0.3%
TripAdvisor, Inc.*		987		14,913
Ziff Davis, Inc.*		441		29,393
ZoomInfo Technologies, Inc., Class A*		2,512		45,266
				89,572
IT Services - 0.1%
Kyndryl Holdings, Inc.*		1,908		32,207
Leisure Products - 0.8%
Brunswick Corp.		658		52,061
Mattel, Inc.*		3,299		73,106
Polaris, Inc.		496		55,597
Topgolf Callaway Brands Corp.*		1,296		22,602
YETI Holdings, Inc.*		809		40,409
				243,775
Life Sciences Tools & Services - 1.0%
Azenta, Inc.*		605		34,140
Bruker Corp.		933		61,205
Medpace Holdings, Inc.*		231		62,432
Repligen Corp.*		483		83,999
Sotera Health Co.*		923		14,897
Syneos Health, Inc.*		963		41,149
				297,822

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Machinery - 3.5%
AGCO Corp.		579		74,998
Chart Industries, Inc.*		390		70,426
Crane Co.		449		40,913
Donaldson Co., Inc.		1,132		72,301
Esab Corp.		483		34,858
Flowserve Corp.		1,223		48,394
Graco, Inc.		1,570		123,936
ITT, Inc.		767		78,449
Lincoln Electric Holdings, Inc.		537		103,351
Middleby Corp. (The)*		497		72,358
Oshkosh Corp.		607		63,025
Terex Corp.		633		38,366
Timken Co. (The)		614		46,922
Toro Co. (The)		970		99,250
Watts Water Technologies, Inc., Class A		256		48,325
				1,015,872
Marine Transportation - 0.2%
Kirby Corp.*		558		46,219
Media - 0.6%
Cable One, Inc.		47		30,577
New York Times Co. (The), Class A		1,527		67,600
Nexstar Media Group, Inc., Class A		335		54,538
TEGNA, Inc.		2,096		34,647
				187,362
Metals & Mining - 1.7%
Alcoa Corp.		1,662		49,993
Cleveland-Cliffs, Inc.*		4,796		73,331
Commercial Metals Co.		1,090		61,356
MP Materials Corp.*		859		17,987
Reliance Steel & Aluminum Co.		548		156,158
Royal Gold, Inc.		612		68,599
United States Steel Corp.		2,111		65,631
Worthington Industries, Inc.		280		21,076
				514,131
Mortgage Real Estate Investment Trusts (REITs) - 0.5%
Annaly Capital Management, Inc.		4,602		93,278
Starwood Property Trust, Inc.		2,910		59,451
				152,729
Multi-Utilities - 0.2%
Black Hills Corp.		620		34,100
NorthWestern Corp.		556		28,022
				62,122
Office REITs - 0.5%
Corporate Office Properties Trust, REIT		1,046		27,070
Cousins Properties, Inc., REIT		1,412		33,182
Highwoods Properties, Inc., REIT		982		23,401
Kilroy Realty Corp., REIT		982		36,285
Vornado Realty Trust, REIT		1,500		36,030
				155,968
Oil, Gas & Consumable Fuels - 3.0%
Antero Midstream Corp.		3,129		37,924
Antero Resources Corp.*		2,575		71,250
Chesapeake Energy Corp.		996		87,857
Chord Energy Corp.		385		62,178
CNX Resources Corp.*		1,542		34,464
DT Midstream, Inc.		904		47,270
Equitrans Midstream Corp.		4,032		38,707
HF Sinclair Corp.		1,201		66,163
Matador Resources Co.		1,053		66,866
Murphy Oil Corp.		1,368		62,107
Ovintiv, Inc.		2,276		106,881
PBF Energy, Inc., Class A		1,023		47,968
Range Resources Corp.		2,251		72,887
Southwestern Energy Co.*		10,261		69,570
				872,092
Paper & Forest Products - 0.1%
Louisiana-Pacific Corp.		671		41,924
Passenger Airlines - 0.1%
JetBlue Airways Corp.*		3,053		18,074
Personal Care Products - 0.3%
BellRing Brands, Inc.*		1,237		51,335
Coty, Inc., Class A*		3,417		39,501
				90,836
Pharmaceuticals - 0.4%
Jazz Pharmaceuticals plc*		599		85,873
Perrigo Co. plc		1,264		44,240
				130,113
Professional Services - 2.3%
ASGN, Inc.*		459		37,711
CACI International, Inc., Class A*		213		69,866
Concentrix Corp.		397		31,693
ExlService Holdings, Inc.*		1,553		45,394
Exponent, Inc.		474		42,594
FTI Consulting, Inc.*		316		58,719
Genpact Ltd.		1,580		58,981
Insperity, Inc.		335		33,946
KBR, Inc.		1,267		77,946
ManpowerGroup, Inc.		470		37,069
Maximus, Inc.		566		45,744
Paylocity Holding Corp.*		388		77,794
Science Applications International Corp.		502		59,065
				676,522
Real Estate Management & Development - 0.3%
Jones Lang LaSalle, Inc.*		445		76,896
Residential REITs - 0.7%
Apartment Income REIT Corp., Class A, REIT		1,390		47,343
Equity LifeStyle Properties, Inc., REIT		1,633		109,368
Independence Realty Trust, Inc., REIT		2,089		35,158
				191,869
Retail REITs - 0.9%
Agree Realty Corp., REIT		867		53,598
Brixmor Property Group, Inc., REIT		2,803		61,610
Kite Realty Group Trust, REIT		2,041		46,065
NNN REIT, Inc., REIT		1,699		66,924
Spirit Realty Capital, Inc., REIT		1,317		50,849
				279,046
Semiconductors & Semiconductor Equipment - 1.9%
Allegro MicroSystems, Inc.*		606		23,180
Amkor Technology, Inc.		938		26,226
Cirrus Logic, Inc.*		514		42,169
Lattice Semiconductor Corp.*		1,281		124,590
MACOM Technology Solutions Holdings, Inc.*		483		40,843

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
MKS Instruments, Inc.		535		53,623
Power Integrations, Inc.		535		44,951
Silicon Laboratories, Inc.*		297		40,053
Synaptics, Inc.*		368		32,215
Universal Display Corp.		404		65,674
Wolfspeed, Inc.*		1,159		55,423
				548,947
Software - 2.1%
ACI Worldwide, Inc.*		1,009		24,499
Aspen Technology, Inc.*		273		52,962
Blackbaud, Inc.*		422		32,118
CommVault Systems, Inc.*		409		27,939
Dolby Laboratories, Inc., Class A		553		46,712
Dropbox, Inc., Class A*		2,534		70,420
Dynatrace, Inc.*		2,023		97,509
Envestnet, Inc.*		506		27,643
Manhattan Associates, Inc.*		578		117,114
NCR Corp.*		1,308		40,234
Qualys, Inc.*		313		48,718
Teradata Corp.*		942		43,586
				629,454
Specialized REITs - 1.0%
CubeSmart, REIT		2,093		87,299
EPR Properties, REIT		703		31,480
Lamar Advertising Co., Class A, REIT		819		74,709
National Storage Affiliates Trust, REIT		764		25,670
PotlatchDeltic Corp., REIT		744		35,162
Rayonier, Inc., REIT		1,380		41,262
				295,582
Specialty Retail - 2.2%
AutoNation, Inc.*		292		45,870
Dick's Sporting Goods, Inc.		573		66,663
Five Below, Inc.*		518		89,075
Foot Locker, Inc.		740		14,519
GameStop Corp., Class A*(a)		2,358		43,741
Gap, Inc. (The)		1,986		22,998
Lithia Motors, Inc.		257		79,161
Murphy USA, Inc.		185		58,764
Penske Automotive Group, Inc.		225		36,968
RH*		165		60,256
Valvoline, Inc.		1,296		44,634
Williams-Sonoma, Inc.		611		86,273
				648,922
Technology Hardware, Storage & Peripherals - 0.5%
Super Micro Computer, Inc.*		425		116,909
Xerox Holdings Corp.		1,051		16,700
				133,609
Textiles, Apparel & Luxury Goods - 1.5%
Capri Holdings Ltd.*		1,171		61,466
Carter's, Inc.		351		25,121
Columbia Sportswear Co.		331		24,276
Crocs, Inc.*		578		56,262
Deckers Outdoor Corp.*		247		130,685
PVH Corp.		585		48,906
Skechers USA, Inc., Class A*		1,253		63,038
Under Armour, Inc., Class A*		1,756		13,416
Under Armour, Inc., Class C*		1,764		12,154
				435,324
Trading Companies & Distributors - 0.9%
GATX Corp.		330		38,986
MSC Industrial Direct Co., Inc., Class A		441		45,008
Watsco, Inc.		312		113,740
WESCO International, Inc.		421		68,139
				265,873
Water Utilities - 0.3%
Essential Utilities, Inc.		2,243		82,767
TOTAL COMMON STOCKS (Cost $21,458,977)				21,540,399
SECURITIES LENDING REINVESTMENTS(b) - 0.1%
INVESTMENT COMPANIES - 0.1%
Invesco Government & Agency Portfolio, Institutional Class 5.25% (Cost $39,788)		39,788		39,788

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 3.2%
REPURCHASE AGREEMENTS(c) - 3.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $938,092
(Cost $937,955)		937,955		937,955
Total Investments - 76.7% (Cost $22,436,720)				22,518,142
Other assets less liabilities - 23.3%				6,857,663
Net Assets - 100.0%				29,375,805

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $52,228, collateralized in the form of cash with a value of $39,788 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $12,978 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 15, 2023 – May 15, 2053. The total value of collateral is $52,766.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $39,788.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

UltraPro MidCap400 had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index	6	9/15/2023	U.S. Dollar	$	1,589,220	$	21,244

Swap Agreements

UltraPro MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	9,364,964	4/8/2024	Bank of America NA		5.98	%	S&P MidCap 400®		300,870
	12,396,673	4/8/2024	BNP Paribas SA		5.78	%	S&P MidCap 400®		(19,918	)
	8,444,340	3/6/2025	Citibank NA		5.73	%	S&P MidCap 400®		126,947
	8,001,266	11/7/2024	Goldman Sachs International		5.83	%	S&P MidCap 400®		(260,570	)
	4,812,110	4/8/2024	Morgan Stanley & Co. International plc		5.88	%	S&P MidCap 400®		817,781
	10,886,109	4/8/2024	Societe Generale		5.85	%	S&P MidCap 400®		(118,457	)
	11,076,583	4/8/2024	UBS AG		5.68	%	S&P MidCap 400®		900,511
	64,982,045								1,747,164
							Total Unrealized Appreciation		2,146,109
							Total Unrealized Depreciation		(398,945	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 42.2%
Automobiles - 1.4%
Lucid Group, Inc.*(a)		1,516,764		9,525,278
Tesla, Inc.*		986,303		254,545,078
				264,070,356
Beverages - 1.2%
Keurig Dr Pepper, Inc.		937,055		31,531,901
Monster Beverage Corp.*		698,678		40,111,104
PepsiCo, Inc.		919,801		163,650,994
				235,293,999
Biotechnology - 1.8%
Amgen, Inc.		356,621		91,416,227
Biogen, Inc.*		96,666		25,844,622
Gilead Sciences, Inc.		832,418		63,663,329
Moderna, Inc.*		254,520		28,778,576
Regeneron Pharmaceuticals, Inc.*		71,955		59,470,088
Seagen, Inc.*		124,932		25,744,737
Vertex Pharmaceuticals, Inc.*		172,011		59,918,312
				354,835,891
Broadline Retail - 2.9%
Amazon.com, Inc.*		3,193,268		440,702,917
eBay, Inc.		356,943		15,983,908
JD.com, Inc., ADR		302,974		10,061,766
MercadoLibre, Inc.*		33,523		46,005,624
PDD Holdings, Inc., ADR*		407,778		40,357,789
				553,112,004
Commercial Services & Supplies - 0.3%
Cintas Corp.		67,799		34,182,222
Copart, Inc.*		636,999		28,556,665
				62,738,887
Communications Equipment - 0.8%
Cisco Systems, Inc.		2,719,955		155,989,419
Consumer Staples Distribution & Retail - 1.0%
Costco Wholesale Corp.		296,111		162,647,850
Dollar Tree, Inc.*		146,936		17,979,089
Walgreens Boots Alliance, Inc.		575,774		14,572,840
				195,199,779
Electric Utilities - 0.5%
American Electric Power Co., Inc.		343,444		26,926,010
Constellation Energy Corp.		216,552		22,556,056
Exelon Corp.		663,832		26,632,940
Xcel Energy, Inc.		367,152		20,975,394
				97,090,400
Energy Equipment & Services - 0.1%
Baker Hughes Co., Class A		675,692		24,453,293
Entertainment - 0.9%
Electronic Arts, Inc.		182,092		21,847,398
Netflix, Inc.*		296,938		128,776,072
Warner Bros Discovery, Inc.*		1,625,818		21,363,249
				171,986,719
Financial Services - 0.2%
PayPal Holdings, Inc.*		744,617		46,546,009
Food Products - 0.5%
Kraft Heinz Co. (The)		819,123		27,104,780
Mondelez International, Inc., Class A		908,832		64,763,368
				91,868,148
Ground Transportation - 0.4%
CSX Corp.		1,356,763		40,974,243
Old Dominion Freight Line, Inc.		73,331		31,339,469
				72,313,712
Health Care Equipment & Supplies - 0.9%
Align Technology, Inc.*		51,336		19,001,507
Dexcom, Inc.*		258,861		26,139,784
GE HealthCare Technologies, Inc.		303,495		21,381,223
IDEXX Laboratories, Inc.*		55,111		28,184,316
Intuitive Surgical, Inc.*		233,847		73,119,280
				167,826,110
Hotels, Restaurants & Leisure - 1.2%
Airbnb, Inc., Class A*		275,112		36,190,983
Booking Holdings, Inc.*		24,393		75,740,997
Marriott International, Inc., Class A		203,231		41,359,541
Starbucks Corp.		765,025		74,544,036
				227,835,557
Industrial Conglomerates - 0.4%
Honeywell International, Inc.		444,461		83,532,000
Interactive Media & Services - 4.1%
Alphabet, Inc., Class A*		1,848,794		251,750,279
Alphabet, Inc., Class C*		1,828,049		251,082,530
Meta Platforms, Inc., Class A*		965,170		285,584,151
				788,416,960
IT Services - 0.1%
Cognizant Technology Solutions Corp., Class A		338,793		24,260,967
Life Sciences Tools & Services - 0.1%
Illumina, Inc.*		105,360		17,407,579
Machinery - 0.2%
PACCAR, Inc.		348,758		28,699,296
Media - 1.1%
Charter Communications, Inc., Class A*		100,160		43,882,099
Comcast Corp., Class A		2,776,100		129,810,436
Sirius XM Holdings, Inc.(a)		2,581,746		11,359,682
Trade Desk, Inc. (The), Class A*		297,153		23,781,155
				208,833,372
Oil, Gas & Consumable Fuels - 0.1%
Diamondback Energy, Inc.		120,834		18,340,185
Pharmaceuticals - 0.1%
AstraZeneca plc, ADR		395,197		26,802,261
Professional Services - 0.6%
Automatic Data Processing, Inc.		275,792		70,219,401
Paychex, Inc.		240,674		29,417,583
Verisk Analytics, Inc., Class A		96,705		23,423,885
				123,060,869
Real Estate Management & Development - 0.1%
CoStar Group, Inc.*		272,727		22,360,887
Semiconductors & Semiconductor Equipment - 8.0%
Advanced Micro Devices, Inc.*		1,074,977		113,646,569
Analog Devices, Inc.		334,736		60,848,310
Applied Materials, Inc.		560,256		85,584,707
ASML Holding NV (Registered), NYRS		58,765		38,816,046
Broadcom, Inc.		278,344		256,880,894
Enphase Energy, Inc.*		91,561		11,585,213
GLOBALFOUNDRIES, Inc.*(a)		365,732		20,206,693
Intel Corp.		2,783,816		97,823,294

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
KLA Corp.		91,682		46,012,445
Lam Research Corp.		89,518		62,877,443
Marvell Technology, Inc.		574,137		33,443,480
Microchip Technology, Inc.		363,948		29,785,504
Micron Technology, Inc.		730,395		51,083,826
NVIDIA Corp.		768,656		379,370,169
NXP Semiconductors NV		173,344		35,660,328
ON Semiconductor Corp.*		288,402		28,396,061
QUALCOMM, Inc.		743,810		85,188,559
Texas Instruments, Inc.		605,544		101,767,725
				1,538,977,266
Software - 7.2%
Adobe, Inc.*		305,838		171,067,427
ANSYS, Inc.*		57,926		18,470,864
Atlassian Corp., Class A*		101,184		20,647,607
Autodesk, Inc.*		142,745		31,680,825
Cadence Design Systems, Inc.*		182,070		43,776,911
Crowdstrike Holdings, Inc., Class A*		149,978		24,450,913
Datadog, Inc., Class A*		197,775		19,081,332
Fortinet, Inc.*		524,218		31,563,166
Intuit, Inc.		187,039		101,339,600
Microsoft Corp.		2,313,984		758,431,396
Palo Alto Networks, Inc.*		204,093		49,655,827
Synopsys, Inc.*		101,399		46,530,987
Workday, Inc., Class A*		137,461		33,609,214
Zoom Video Communications, Inc., Class A*		167,356		11,887,297
Zscaler, Inc.*		96,578		15,070,997
				1,377,264,363
Specialty Retail - 0.3%
O'Reilly Automotive, Inc.*		40,501		38,058,790
Ross Stores, Inc.		228,292		27,808,248
				65,867,038
Technology Hardware, Storage & Peripherals - 4.8%
Apple, Inc.		4,894,860		919,597,348
Textiles, Apparel & Luxury Goods - 0.2%
Lululemon Athletica, Inc.*		81,394		31,032,276
Trading Companies & Distributors - 0.1%
Fastenal Co.		381,009		21,938,498
Wireless Telecommunication Services - 0.6%
T-Mobile US, Inc.*		800,970		109,132,163
TOTAL COMMON STOCKS (Cost $8,242,933,208)				8,126,683,611
SECURITIES LENDING REINVESTMENTS(b) - 0.1%
INVESTMENT COMPANIES - 0.1%
Invesco Government & Agency Portfolio, Institutional Class 5.25% (Cost $27,885,942)		27,885,942		27,885,942

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 35.1%
REPURCHASE AGREEMENTS(c) - 2.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $536,429,806
(Cost $536,351,180)	536,351,180	536,351,180
U.S. TREASURY OBLIGATIONS(d) - 32.3%
U.S. Treasury Bills
5.10%, 9/5/2023(e)	100,000,000	99,942,028
4.83%, 9/7/2023(e)	450,000,000	449,604,841
5.08%, 9/12/2023(e)	400,000,000	399,358,028
4.68%, 9/14/2023(e)	200,000,000	199,621,736
5.20%, 9/19/2023(e)	130,000,000	129,657,450
4.84%, 9/21/2023(e)	500,000,000	498,537,500
5.35%, 9/26/2023(e)	200,000,000	199,266,320
4.85%, 9/28/2023(e)	500,000,000	498,022,810
5.30%, 10/3/2023(e)	75,000,000	74,648,333
4.86%, 10/5/2023(e)	1,000,000,000	995,013,330
5.18%, 10/12/2023(e)	250,000,000	248,491,685
5.27%, 10/19/2023(e)	250,000,000	248,236,250
5.29%, 10/26/2023(e)	250,000,000	247,979,515
5.30%, 11/2/2023(e)	250,000,000	247,728,820
5.20%, 11/9/2023(e)	200,000,000	197,975,520
5.26%, 11/16/2023(e)	150,000,000	148,330,296
5.34%, 11/21/2023(e)	100,000,000	98,813,687
5.31%, 11/30/2023(e)	250,000,000	246,682,707
5.39%, 12/5/2023(e)	100,000,000	98,603,698
5.36%, 12/7/2023(e)	50,000,000	49,292,125
5.38%, 12/12/2023(e)	35,000,000	34,474,540
5.40%, 12/19/2023(e)	350,000,000	344,347,707
5.38%, 12/28/2023(e)	125,000,000	122,835,643
5.38%, 1/4/2024(e)	350,000,000	343,580,297
TOTAL U.S. TREASURY OBLIGATIONS (Cost $6,222,401,520)		6,221,044,866
TOTAL SHORT-TERM INVESTMENTS (Cost $6,758,752,700)		6,757,396,046
Total Investments - 77.4% (Cost $15,029,571,850)		14,911,965,599
Other assets less liabilities - 22.6%		4,361,656,253
Net Assets - 100.0%		19,273,621,852

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $33,408,141, collateralized in the form of cash with a value of $27,885,942 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $6,890,641 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 30, 2023 – November 15, 2052. The total value of collateral is $34,776,583.
(b)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $27,885,942.

UltraPro QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(d)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $4,819,654,951.
(e)	The rate shown was the current yield as of August 31, 2023.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

Futures Contracts Purchased

UltraPro QQQ had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	3,576	9/15/2023	U.S. Dollar	$	1,111,313,520	$	35,017,093

Swap Agreements

UltraPro QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	5,692,442,435	5/6/2025	Bank of America NA		5.98	%	NASDAQ-100 Index®		477,467,177
	7,040,353,478	3/6/2025	Barclays Capital		5.93	%	NASDAQ-100 Index®		752,742,088
	4,519,290,455	2/11/2025	BNP Paribas SA		5.98	%	NASDAQ-100 Index®		570,268,415
	6,225,121,205	5/6/2024	Citibank NA		5.99	%	NASDAQ-100 Index®		831,192,422
	5,510,242,858	3/13/2025	Goldman Sachs International		6.03	%	NASDAQ-100 Index®		62,319,038
	4,484,676,566	11/7/2023	J.P. Morgan Securities		5.73	%	NASDAQ-100 Index®		135,163,063
	4,020,745,042	4/8/2024	Morgan Stanley & Co. International plc		5.88	%	NASDAQ-100 Index®		509,999,808
	4,859,166,916	11/6/2025	Societe Generale		6.28	%	NASDAQ-100 Index®		221,083,764
	6,230,810,097	4/7/2025	UBS AG		6.13	%	NASDAQ-100 Index®		541,152,682
	48,582,849,052								4,101,388,457
							Total Unrealized Appreciation		4,101,388,457

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 73.7%
Aerospace & Defense - 0.7%
AAR Corp.*		2,685		165,396
AeroVironment, Inc.*		1,951		189,306
AerSale Corp.*		1,991		29,487
Archer Aviation, Inc., Class A*(a)		11,866		82,706
Astronics Corp.*		2,021		35,428
Cadre Holdings, Inc.		1,511		39,921
Ducommun, Inc.*		874		39,741
Eve Holding, Inc.*		1,408		10,391
Kaman Corp.		2,190		49,122
Kratos Defense & Security Solutions, Inc.*		9,747		156,829
Leonardo DRS, Inc.*		3,928		67,247
Moog, Inc., Class A		2,208		256,481
National Presto Industries, Inc.		401		30,015
Park Aerospace Corp.		1,529		20,840
Parsons Corp.*		3,212		183,148
Redwire Corp.*(a)		610		1,964
Rocket Lab USA, Inc.*(a)		21,688		136,851
Terran Orbital Corp.*(a)		6,626		8,084
Triumph Group, Inc.*		5,013		47,172
V2X, Inc.*		897		45,128
Virgin Galactic Holdings, Inc.*(a)		19,646		49,508
				1,644,765
Air Freight & Logistics - 0.2%
Air Transport Services Group, Inc.*		4,384		94,519
Forward Air Corp.		2,035		144,119
Hub Group, Inc., Class A*		2,555		199,392
Radiant Logistics, Inc.*		2,872		19,386
				457,416
Automobile Components - 1.1%
Adient plc*		7,435		291,229
American Axle & Manufacturing Holdings, Inc.*		8,883		67,067
Cooper-Standard Holdings, Inc.*		1,315		19,646
Dana, Inc.		10,146		163,452
Dorman Products, Inc.*		2,049		169,063
Fox Factory Holding Corp.*		3,319		367,778
Gentherm, Inc.*		2,576		155,101
Goodyear Tire & Rubber Co. (The)*		21,910		282,858
Holley, Inc.*		4,105		23,399
LCI Industries		1,923		240,913
Luminar Technologies, Inc.*(a)		21,187		122,037
Modine Manufacturing Co.*		4,005		190,598
Patrick Industries, Inc.		1,661		138,926
Solid Power, Inc.*		12,052		25,550
Standard Motor Products, Inc.		1,646		60,951
Stoneridge, Inc.*		2,058		42,292
Visteon Corp.*		2,188		304,723
XPEL, Inc.*(b)		1,759		146,525
				2,812,108
Automobiles - 0.1%
Fisker, Inc., Class A*(a)		15,258		89,564
Livewire Group, Inc.*(a)		858		9,592
Winnebago Industries, Inc.		2,309		149,739
Workhorse Group, Inc.*(a)		12,904		10,171
				259,066
Banks - 6.3%
1st Source Corp.		1,297		57,963
ACNB Corp.		647		20,594
Amalgamated Financial Corp.		1,375		24,640
Amerant Bancorp, Inc.		2,008		37,690
American National Bankshares, Inc.		801		31,399
Ameris Bancorp		5,151		209,903
Ames National Corp.(a)		670		12,026
Arrow Financial Corp.		1,113		19,600
Associated Banc-Corp.		11,781		204,165
Atlantic Union Bankshares Corp.		5,846		173,568
Axos Financial, Inc.*		4,425		190,673
Banc of California, Inc.		4,246		53,202
BancFirst Corp.		1,714		163,824
Bancorp, Inc. (The)*		4,161		152,750
Bank First Corp.		727		56,437
Bank of Hawaii Corp.		3,052		164,014
Bank of Marin Bancorp		1,224		23,036
Bank of NT Butterfield & Son Ltd. (The)		3,900		113,568
Bank7 Corp.		290		7,285
BankUnited, Inc.		5,789		151,961
Bankwell Financial Group, Inc.		458		11,917
Banner Corp.		2,665		116,061
Bar Harbor Bankshares		1,162		28,864
BayCom Corp.		914		17,613
BCB Bancorp, Inc.		1,172		13,337
Berkshire Hills Bancorp, Inc.		3,430		71,687
Blue Foundry Bancorp*		1,924		17,797
Blue Ridge Bankshares, Inc.		1,370		10,850
Bridgewater Bancshares, Inc.*		1,590		16,631
Brookline Bancorp, Inc.		6,794		65,019
Burke & Herbert Financial Services Corp.		501		24,784
Business First Bancshares, Inc.		1,867		38,180
Byline Bancorp, Inc.		1,926		40,793
C&F Financial Corp.		256		13,650
Cadence Bank		14,183		324,507
Cambridge Bancorp		591		31,447
Camden National Corp.		1,111		36,430
Capital Bancorp, Inc.		751		14,382
Capital City Bank Group, Inc.		1,028		31,364
Capitol Federal Financial, Inc.		9,933		56,320
Capstar Financial Holdings, Inc.		1,525		19,916
Carter Bankshares, Inc.*		1,838		26,302
Cathay General Bancorp		5,410		192,758
Central Pacific Financial Corp.		2,067		35,077
Central Valley Community Bancorp		777		11,360
Chemung Financial Corp.		272		10,687
ChoiceOne Financial Services, Inc.(a)		543		13,054
Citizens & Northern Corp.		1,179		21,305
Citizens Financial Services, Inc.(a)		338		18,502
City Holding Co.		1,185		108,262
Civista Bancshares, Inc.		1,202		20,422
CNB Financial Corp.		1,614		29,391
Coastal Financial Corp.*		842		37,090
Codorus Valley Bancorp, Inc.		746		15,106
Colony Bankcorp, Inc.		1,284		13,366
Columbia Financial, Inc.*		2,310		39,640
Community Bank System, Inc.		4,144		197,047
Community Trust Bancorp, Inc.		1,209		42,919
ConnectOne Bancorp, Inc.		2,884		55,142
CrossFirst Bankshares, Inc.*		3,466		37,259

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Customers Bancorp, Inc.*		2,226		78,222
CVB Financial Corp.		10,355		180,798
Dime Community Bancshares, Inc.		2,721		57,985
Eagle Bancorp, Inc.		2,385		57,383
Eastern Bankshares, Inc.		12,061		162,341
Enterprise Bancorp, Inc.		745		21,560
Enterprise Financial Services Corp.		2,824		109,317
Equity Bancshares, Inc., Class A		1,156		28,923
Esquire Financial Holdings, Inc.		534		24,970
ESSA Bancorp, Inc.		676		10,755
Evans Bancorp, Inc.		408		11,555
Farmers & Merchants Bancorp, Inc.		1,056		20,170
Farmers National Banc Corp.(a)		2,867		36,411
FB Financial Corp.		2,761		83,879
Fidelity D&D Bancorp, Inc.(a)		362		17,153
Financial Institutions, Inc.		1,181		20,667
First Bancorp		13,799		191,254
First Bancorp		3,098		91,825
First Bancorp, Inc. (The)		760		18,711
First Bancshares, Inc. (The)		2,360		67,000
First Bank		1,729		19,780
First Busey Corp.		4,041		81,628
First Business Financial Services, Inc.		611		19,265
First Commonwealth Financial Corp.		7,965		104,103
First Community Bankshares, Inc.		1,372		42,436
First Community Corp.		573		9,901
First Financial Bancorp		7,332		152,359
First Financial Bankshares, Inc.		10,144		291,336
First Financial Corp.		914		33,562
First Foundation, Inc.		3,983		31,306
First Interstate BancSystem, Inc., Class A		6,430		166,601
First Merchants Corp.		4,600		137,264
First Mid Bancshares, Inc.		1,490		41,675
First of Long Island Corp. (The)		1,658		21,653
First Western Financial, Inc.*		623		12,659
Five Star Bancorp		994		21,729
Flushing Financial Corp.		2,194		30,979
FS Bancorp, Inc.		515		15,270
Fulton Financial Corp.		12,662		168,784
FVCBankcorp, Inc.*		1,246		15,164
German American Bancorp, Inc.		2,182		63,125
Glacier Bancorp, Inc.		8,680		262,223
Great Southern Bancorp, Inc.		703		35,480
Greene County Bancorp, Inc.		544		15,673
Guaranty Bancshares, Inc.		657		18,968
Hancock Whitney Corp.		6,754		278,602
Hanmi Financial Corp.		2,368		41,014
HarborOne Bancorp, Inc.		3,264		32,542
HBT Financial, Inc.		1,045		19,541
Heartland Financial USA, Inc.		3,290		100,806
Heritage Commerce Corp.		4,609		39,960
Heritage Financial Corp.		2,699		46,477
Hilltop Holdings, Inc.		3,634		110,437
Hingham Institution For Savings (The)(a)		116		23,106
Home Bancorp, Inc.		564		18,420
Home BancShares, Inc.		14,847		329,306
HomeStreet, Inc.		1,407		13,296
HomeTrust Bancshares, Inc.		1,209		27,626
Hope Bancorp, Inc.		8,981		86,846
Horizon Bancorp, Inc.		3,356		37,554
Independent Bank Corp.		1,572		30,009
Independent Bank Corp.		3,439		185,775
Independent Bank Group, Inc.		2,816		118,835
International Bancshares Corp.		4,181		187,225
John Marshall Bancorp, Inc.		970		17,140
Kearny Financial Corp.		4,461		33,056
Lakeland Bancorp, Inc.		4,853		65,564
Lakeland Financial Corp.		1,932		100,715
LCNB Corp.		823		12,271
Live Oak Bancshares, Inc.		2,618		84,666
Luther Burbank Corp.		797		7,245
Macatawa Bank Corp.		2,047		18,751
MainStreet Bancshares, Inc.		542		12,260
Mercantile Bank Corp.		1,221		40,757
Metrocity Bankshares, Inc.		1,422		27,729
Metropolitan Bank Holding Corp.*		815		32,445
Mid Penn Bancorp, Inc.		1,107		24,232
Middlefield Banc Corp.		611		15,843
Midland States Bancorp, Inc.		1,656		36,763
MidWestOne Financial Group, Inc.		1,107		23,646
MVB Financial Corp.		883		20,786
National Bank Holdings Corp., Class A		2,866		90,394
National Bankshares, Inc.(a)		449		11,818
NBT Bancorp, Inc.		3,559		122,501
Nicolet Bankshares, Inc.		1,001		75,886
Northeast Bank		603		25,621
Northeast Community Bancorp, Inc.		1,041		16,510
Northfield Bancorp, Inc.		3,225		33,991
Northrim Bancorp, Inc.		428		17,775
Northwest Bancshares, Inc.		9,917		109,087
Norwood Financial Corp.		573		15,545
Oak Valley Bancorp		524		13,158
OceanFirst Financial Corp.		4,533		76,472
OFG Bancorp		3,628		109,420
Old National Bancorp		22,804		347,989
Old Second Bancorp, Inc.		3,376		48,851
Orange County Bancorp, Inc.		397		18,457
Origin Bancorp, Inc.		2,271		69,697
Orrstown Financial Services, Inc.		796		17,194
Pacific Premier Bancorp, Inc.		7,384		169,980
PacWest Bancorp		9,331		74,181
Park National Corp.		1,115		113,462
Parke Bancorp, Inc.		813		14,041
Pathward Financial, Inc.		2,137		105,290
PCB Bancorp		848		13,610
Peapack-Gladstone Financial Corp.		1,328		36,215
Penns Woods Bancorp, Inc.(a)		533		13,879
Peoples Bancorp, Inc.		2,634		67,878
Peoples Financial Services Corp.		543		23,675
Pioneer Bancorp, Inc.*		907		8,172
Plumas Bancorp		426		14,884
Ponce Financial Group, Inc.*		1,590		12,704
Preferred Bank		1,042		64,719
Premier Financial Corp.		2,751		51,829
Primis Financial Corp.		1,576		13,995
Princeton Bancorp, Inc.		395		11,562
Provident Financial Services, Inc.		5,714		94,167
QCR Holdings, Inc.		1,283		67,306
RBB Bancorp		1,304		17,774
Red River Bancshares, Inc.		375		17,730
Renasant Corp.		4,295		119,616
Republic Bancorp, Inc., Class A		670		29,775

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
S&T Bancorp, Inc.		3,026		85,727
Sandy Spring Bancorp, Inc.		3,412		75,883
Seacoast Banking Corp. of Florida		6,555		154,764
ServisFirst Bancshares, Inc.		3,965		222,199
Shore Bancshares, Inc.		2,356		26,104
Sierra Bancorp		1,075		21,371
Simmons First National Corp., Class A		9,826		175,099
SmartFinancial, Inc.		1,232		28,053
South Plains Financial, Inc.		936		24,551
Southern First Bancshares, Inc.*		597		16,782
Southern Missouri Bancorp, Inc.		667		28,214
Southern States Bancshares, Inc.		583		13,357
Southside Bancshares, Inc.		2,289		68,899
SouthState Corp.		5,926		428,463
Stellar Bancorp, Inc.		3,788		80,571
Sterling Bancorp, Inc.*		1,639		9,654
Stock Yards Bancorp, Inc.		2,112		96,730
Summit Financial Group, Inc.		878		21,599
Texas Capital Bancshares, Inc.*		3,727		232,714
Third Coast Bancshares, Inc.*		1,002		18,858
Timberland Bancorp, Inc.		587		16,647
Tompkins Financial Corp.		1,078		55,981
Towne Bank		5,461		128,880
TriCo Bancshares		2,417		83,000
Triumph Financial, Inc.*		1,729		111,054
TrustCo Bank Corp.		1,447		41,196
Trustmark Corp.		4,736		109,117
UMB Financial Corp.		3,446		217,822
United Bankshares, Inc.		10,184		306,335
United Community Banks, Inc.		8,996		242,892
Unity Bancorp, Inc.		569		13,750
Univest Financial Corp.		2,257		40,603
USCB Financial Holdings, Inc.*		818		8,973
Valley National Bancorp		33,598		308,430
Veritex Holdings, Inc.		4,083		76,801
Virginia National Bankshares Corp.		368		12,159
Washington Federal, Inc.		5,098		138,564
Washington Trust Bancorp, Inc.		1,316		36,848
WesBanco, Inc.		4,490		113,866
West Bancorp, Inc.		1,261		23,354
Westamerica Bancorp		2,035		89,601
WSFS Financial Corp.		4,765		187,264
				15,769,123
Beverages - 0.3%
Coca-Cola Consolidated, Inc.		372		259,991
Duckhorn Portfolio, Inc. (The)*		3,415		42,482
MGP Ingredients, Inc.		1,234		147,957
National Beverage Corp.*		1,845		94,667
Primo Water Corp.		12,178		185,836
Vita Coco Co., Inc. (The)*		2,223		62,889
Zevia PBC, Class A*		1,938		4,981
				798,803
Biotechnology - 4.9%
2seventy bio, Inc.*		3,906		20,272
4D Molecular Therapeutics, Inc.*		2,455		39,967
89bio, Inc.*		4,807		82,392
Aadi Bioscience, Inc.*		1,261		7,944
ACADIA Pharmaceuticals, Inc.*		9,424		254,636
Acrivon Therapeutics, Inc.*		676		7,923
Actinium Pharmaceuticals, Inc.*(a)		2,022		12,152
Adicet Bio, Inc.*		2,363		4,726
ADMA Biologics, Inc.*		16,379		63,059
Aerovate Therapeutics, Inc.*(a)		783		12,442
Agenus, Inc.*		26,674		36,810
Agios Pharmaceuticals, Inc.*		4,320		118,498
Akero Therapeutics, Inc.*		3,494		173,407
Aldeyra Therapeutics, Inc.*		3,621		27,013
Alector, Inc.*		4,936		26,901
Alkermes plc*		12,904		376,668
Allakos, Inc.*		5,169		14,887
Allogene Therapeutics, Inc.*		6,390		24,857
Allovir, Inc.*		3,258		10,198
Alpine Immune Sciences, Inc.*		2,468		30,480
Altimmune, Inc.*		3,842		9,720
ALX Oncology Holdings, Inc.*		1,682		7,165
Amicus Therapeutics, Inc.*		21,807		279,566
AnaptysBio, Inc.*		1,479		29,107
Anavex Life Sciences Corp.*(a)		5,460		43,134
Anika Therapeutics, Inc.*		1,138		20,313
Annexon, Inc.*		3,549		9,760
Arbutus Biopharma Corp.*		9,705		19,701
Arcellx, Inc.*		2,952		105,800
Arcturus Therapeutics Holdings, Inc.*		1,813		55,025
Arcus Biosciences, Inc.*		4,102		84,091
Arcutis Biotherapeutics, Inc.*		3,998		34,143
Ardelyx, Inc.*		16,562		70,554
Arrowhead Pharmaceuticals, Inc.*		7,973		220,374
ARS Pharmaceuticals, Inc.*(a)		1,885		13,365
Astria Therapeutics, Inc.*		1,986		17,675
Atara Biotherapeutics, Inc.*		7,427		10,843
Aura Biosciences, Inc.*		2,135		22,161
Aurinia Pharmaceuticals, Inc.*		10,531		95,516
Avid Bioservices, Inc.*		4,825		56,935
Avidity Biosciences, Inc.*		5,497		41,557
Avita Medical, Inc.*(a)		1,955		31,867
Beam Therapeutics, Inc.*		5,314		123,179
BioAtla, Inc.*		3,439		8,632
BioCryst Pharmaceuticals, Inc.*		14,740		104,801
Biohaven Ltd.*		4,532		82,890
Biomea Fusion, Inc.*		1,545		26,064
BioVie, Inc., Class A*(a)		257		799
Bioxcel Therapeutics, Inc.*		1,491		5,636
Bluebird Bio, Inc.*		8,321		31,370
Blueprint Medicines Corp.*		4,729		235,788
Bridgebio Pharma, Inc.*		8,906		266,378
Cabaletta Bio, Inc.*		1,989		28,164
CareDx, Inc.*		4,048		37,687
Caribou Biosciences, Inc.*		4,423		26,051
Carisma Therapeutics, Inc.		2,073		14,345
Catalyst Pharmaceuticals, Inc.*		7,498		105,272
Celcuity, Inc.*		1,340		12,757
Celldex Therapeutics, Inc.*		3,613		100,803
Century Therapeutics, Inc.*		1,821		4,516
Cerevel Therapeutics Holdings, Inc.*		4,812		114,044
Cogent Biosciences, Inc.*		5,362		65,470
Coherus Biosciences, Inc.*		5,983		31,889
Compass Therapeutics, Inc.*		7,095		16,531
Crinetics Pharmaceuticals, Inc.*		4,146		71,809
Cue Biopharma, Inc.*		2,687		7,282
Cullinan Oncology, Inc.*		1,851		19,158
Cytokinetics, Inc.*		7,243		253,070
Day One Biopharmaceuticals, Inc.*		3,828		51,640
Deciphera Pharmaceuticals, Inc.*		4,073		57,185
Denali Therapeutics, Inc.*		9,187		212,128
Design Therapeutics, Inc.*		2,548		6,319

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Disc Medicine, Inc.*		601		31,823
Dynavax Technologies Corp.*		10,080		144,749
Dyne Therapeutics, Inc.*		3,305		37,677
Eagle Pharmaceuticals, Inc.*		805		13,645
Editas Medicine, Inc.*		5,414		48,239
Emergent BioSolutions, Inc.*		3,934		18,450
Enanta Pharmaceuticals, Inc.*		1,556		23,107
Entrada Therapeutics, Inc.*		1,664		24,494
EQRx, Inc.*		24,813		56,822
Erasca, Inc.*		6,274		16,250
Fate Therapeutics, Inc.*		6,590		16,541
Fennec Pharmaceuticals, Inc.*		1,411		11,514
FibroGen, Inc.*		7,069		6,786
Foghorn Therapeutics, Inc.*		1,581		11,968
Genelux Corp.*		215		5,199
Generation Bio Co.*		3,521		16,830
Geron Corp.*		38,726		94,104
Graphite Bio, Inc.*		2,178		4,835
Gritstone bio, Inc.*		6,824		12,420
Halozyme Therapeutics, Inc.*		10,385		441,986
Heron Therapeutics, Inc.*		8,051		13,204
HilleVax, Inc.*		1,651		22,024
Humacyte, Inc.*(a)		4,761		18,235
Icosavax, Inc.*		2,142		16,579
Ideaya Biosciences, Inc.*		4,222		123,958
IGM Biosciences, Inc.*(a)		927		6,628
Immuneering Corp., Class A*(a)		1,577		14,209
ImmunityBio, Inc.*(a)		8,572		13,801
ImmunoGen, Inc.*		18,874		298,964
Immunovant, Inc.*		4,196		95,291
Inhibrx, Inc.*		2,671		57,159
Inozyme Pharma, Inc.*		2,631		12,892
Insmed, Inc.*		10,251		224,394
Intellia Therapeutics, Inc.*		6,861		257,150
Intercept Pharmaceuticals, Inc.*		1,908		20,664
Iovance Biotherapeutics, Inc.*		16,177		97,709
Ironwood Pharmaceuticals, Inc., Class A*		10,780		94,864
iTeos Therapeutics, Inc.*		1,927		23,249
Janux Therapeutics, Inc.*		1,344		14,784
KalVista Pharmaceuticals, Inc.*		1,915		20,778
Karyopharm Therapeutics, Inc.*		8,806		11,272
Keros Therapeutics, Inc.*		1,750		61,443
Kezar Life Sciences, Inc.*		5,549		8,268
Kiniksa Pharmaceuticals Ltd., Class A*		2,440		42,041
Kodiak Sciences, Inc.*		2,522		5,548
Krystal Biotech, Inc.*		1,680		209,126
Kura Oncology, Inc.*		5,068		50,325
Kymera Therapeutics, Inc.*		2,955		56,381
Larimar Therapeutics, Inc.*		1,993		7,414
Lexicon Pharmaceuticals, Inc.*		7,203		12,389
Lineage Cell Therapeutics, Inc.*		10,034		13,245
Lyell Immunopharma, Inc.*(a)		13,494		32,251
MacroGenics, Inc.*		4,732		22,051
Madrigal Pharmaceuticals, Inc.*		1,059		190,620
MannKind Corp.*		19,970		92,062
MeiraGTx Holdings plc*		2,535		15,945
Merrimack Pharmaceuticals, Inc.*		814		9,939
Mersana Therapeutics, Inc.*		7,802		8,660
MiMedx Group, Inc.*		8,856		65,712
Mineralys Therapeutics, Inc.*		1,086		13,944
Mirum Pharmaceuticals, Inc.*		2,079		54,948
Monte Rosa Therapeutics, Inc.*		2,372		13,924
Morphic Holding, Inc.*		2,367		130,374
Myriad Genetics, Inc.*		6,282		112,134
Nkarta, Inc.*		2,350		4,042
Novavax, Inc.*(a)		6,771		54,168
Nurix Therapeutics, Inc.*		3,644		30,974
Nuvalent, Inc., Class A*		1,865		84,988
Nuvectis Pharma, Inc.*		532		7,613
Ocean Biomedical, Inc.*		674		3,040
Olema Pharmaceuticals, Inc.*		2,088		21,193
Omega Therapeutics, Inc.*(a)		1,894		6,951
Organogenesis Holdings, Inc., Class A*		5,461		15,291
ORIC Pharmaceuticals, Inc.*		3,035		27,194
Outlook Therapeutics, Inc.*(a)		12,061		2,750
Ovid therapeutics, Inc.*		4,635		15,597
PDS Biotechnology Corp.*(a)		2,174		12,761
PepGen, Inc.*		781		4,920
PMV Pharmaceuticals, Inc.*		2,999		21,653
Point Biopharma Global, Inc.*		7,036		56,007
Poseida Therapeutics, Inc., Class A*		5,284		11,044
Precigen, Inc.*(a)		10,506		18,386
Prelude Therapeutics, Inc.*		770		2,872
Prime Medicine, Inc.*(a)		3,076		40,726
ProKidney Corp.*(a)		4,798		41,167
Protagonist Therapeutics, Inc.*		4,216		83,561
Protalix BioTherapeutics, Inc.*		4,367		8,254
Prothena Corp. plc*		3,224		170,292
PTC Therapeutics, Inc.*		5,509		217,606
Rallybio Corp.*		2,377		12,646
RAPT Therapeutics, Inc.*		2,297		43,873
Recursion Pharmaceuticals, Inc., Class A*(a)		10,613		92,333
REGENXBIO, Inc.*		3,160		55,932
Relay Therapeutics, Inc.*		7,021		71,755
Reneo Pharmaceuticals, Inc.*		753		4,533
Replimune Group, Inc.*		3,167		64,670
REVOLUTION Medicines, Inc.*		7,886		267,887
Rhythm Pharmaceuticals, Inc.*		3,995		103,910
Rigel Pharmaceuticals, Inc.*		13,306		15,169
Rocket Pharmaceuticals, Inc.*		4,363		68,281
Sage Therapeutics, Inc.*		4,111		82,220
Sana Biotechnology, Inc.*		7,252		38,798
Sangamo Therapeutics, Inc.*		11,215		10,871
Savara, Inc.*		5,928		21,459
Scholar Rock Holding Corp.*		2,206		13,788
Selecta Biosciences, Inc.*(a)		9,031		11,108
Seres Therapeutics, Inc.*		7,563		26,092
SpringWorks Therapeutics, Inc.*		4,532		127,712
Stoke Therapeutics, Inc.*		2,145		12,055
Summit Therapeutics, Inc.*		9,010		14,596
Sutro Biopharma, Inc.*		4,677		22,216
Syndax Pharmaceuticals, Inc.*		5,123		94,827
Tango Therapeutics, Inc.*		3,470		22,520
Tenaya Therapeutics, Inc.*		3,559		13,773
TG Therapeutics, Inc.*		10,671		111,725
Travere Therapeutics, Inc.*		5,665		80,896
Twist Bioscience Corp.*		4,426		97,328
Tyra Biosciences, Inc.*		1,088		16,570
UroGen Pharma Ltd.*		1,522		26,605
Vanda Pharmaceuticals, Inc.*		4,392		22,795
Vaxcyte, Inc.*		7,149		371,176
Vaxxinity, Inc., Class A*(a)		3,313		6,692
Vera Therapeutics, Inc., Class A*		2,630		46,525

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Veracyte, Inc.*		5,661		149,450
Vericel Corp.*		3,704		121,602
Verve Therapeutics, Inc.*		3,945		50,772
Vigil Neuroscience, Inc.*(a)		1,249		7,531
Viking Therapeutics, Inc.*		7,477		103,257
Vir Biotechnology, Inc.*		6,512		82,442
Viridian Therapeutics, Inc.*		3,281		59,616
Vor BioPharma, Inc.*		2,929		7,323
Voyager Therapeutics, Inc.*		2,470		24,749
X4 Pharmaceuticals, Inc.*		9,573		12,253
Xencor, Inc.*		4,511		99,152
XOMA Corp.*		568		7,963
Y-mAbs Therapeutics, Inc.*		2,861		14,505
Zentalis Pharmaceuticals, Inc.*		3,820		101,459
Zura Bio Ltd., Class A*(a)		589		4,052
Zymeworks, Inc.*(a)		4,150		30,046
				12,401,810
Broadline Retail - 0.1%
Big Lots, Inc.(a)		2,214		13,727
ContextLogic, Inc., Class A*(a)		1,718		9,200
Dillard's, Inc., Class A		282		97,324
Qurate Retail, Inc., Class B*		103		639
				120,890
Building Products - 1.4%
AAON, Inc.		5,272		332,452
American Woodmark Corp.*		1,296		100,660
Apogee Enterprises, Inc.		1,719		86,741
AZZ, Inc.		1,931		94,812
CSW Industrials, Inc.		1,200		215,556
Gibraltar Industries, Inc.*		2,411		180,898
Griffon Corp.		3,414		142,944
Insteel Industries, Inc.		1,459		50,700
Janus International Group, Inc.*		6,607		75,650
JELD-WEN Holding, Inc.*		6,624		99,890
Masonite International Corp.*		1,729		177,586
Masterbrand, Inc.*		10,093		129,291
PGT Innovations, Inc.*		4,524		127,532
Quanex Building Products Corp.		2,568		69,285
Resideo Technologies, Inc.*		11,398		192,170
Simpson Manufacturing Co., Inc.		3,341		533,758
UFP Industries, Inc.		4,674		487,732
Zurn Elkay Water Solutions Corp.		11,516		341,104
				3,438,761
Capital Markets - 1.0%
AlTi Global, Inc.*		1,636		11,959
Artisan Partners Asset Management, Inc., Class A		4,781		183,686
AssetMark Financial Holdings, Inc.*		1,710		49,402
Avantax, Inc.*		3,062		64,057
B Riley Financial, Inc.(a)		1,454		74,452
Bakkt Holdings, Inc.*		5,417		7,475
BGC Group, Inc., Class A		24,452		120,793
Brightsphere Investment Group, Inc.		2,534		52,479
Cohen & Steers, Inc.		2,024		131,924
Diamond Hill Investment Group, Inc.		226		38,140
Donnelley Financial Solutions, Inc.*		1,925		94,845
Forge Global Holdings, Inc.*		8,544		20,933
GCM Grosvenor, Inc., Class A		3,226		24,647
Hamilton Lane, Inc., Class A		2,843		263,802
MarketWise, Inc.		2,464		3,326
Moelis & Co., Class A		5,198		246,437
Open Lending Corp.*		7,742		63,872
P10, Inc., Class A		3,346		40,319
Patria Investments Ltd., Class A		4,231		61,011
Perella Weinberg Partners, Class A		3,315		34,907
Piper Sandler Cos.		1,350		201,123
PJT Partners, Inc., Class A		1,893		149,528
Sculptor Capital Management, Inc.		1,945		22,601
Silvercrest Asset Management Group, Inc., Class A		742		14,298
StepStone Group, Inc., Class A		4,197		129,561
StoneX Group, Inc.*		1,390		130,493
Value Line, Inc.		65		3,472
Victory Capital Holdings, Inc., Class A		2,156		74,210
Virtus Investment Partners, Inc.		540		111,834
WisdomTree, Inc.		10,737		78,380
				2,503,966
Chemicals - 1.5%
AdvanSix, Inc.		2,060		68,145
American Vanguard Corp.		2,101		29,036
Aspen Aerogels, Inc.*		3,974		24,202
Avient Corp.		7,038		282,294
Balchem Corp.		2,489		349,705
Cabot Corp.		4,311		312,375
Chase Corp.		590		74,635
Core Molding Technologies, Inc.*		603		16,347
Danimer Scientific, Inc.*(a)		6,824		13,307
Ecovyst, Inc.*		7,408		75,858
FutureFuel Corp.		2,033		14,394
Hawkins, Inc.		1,506		93,658
HB Fuller Co.		4,211		305,424
Ingevity Corp.*		2,911		156,874
Innospec, Inc.		1,941		208,502
Intrepid Potash, Inc.*		827		22,189
Koppers Holdings, Inc.		1,569		60,077
Kronos Worldwide, Inc.		1,717		14,423
Livent Corp.*		14,047		301,589
LSB Industries, Inc.*		4,276		43,273
Mativ Holdings, Inc.		4,241		69,552
Minerals Technologies, Inc.		2,533		154,766
Origin Materials, Inc.*(a)		8,247		11,298
Orion SA		4,364		98,714
Perimeter Solutions SA*		12,189		72,037
PureCycle Technologies, Inc.*(a)		9,036		80,692
Quaker Chemical Corp.		1,080		191,678
Rayonier Advanced Materials, Inc.*		4,959		17,505
Sensient Technologies Corp.		3,276		201,834
Stepan Co.		1,658		144,694
Trinseo plc		2,723		28,673
Tronox Holdings plc		9,110		124,260
Valhi, Inc.		188		2,489
				3,664,499
Commercial Services & Supplies - 1.1%
ABM Industries, Inc.		5,155		234,140
ACCO Brands Corp.		7,185		38,296
ACV Auctions, Inc., Class A*		9,887		166,200
Aris Water Solutions, Inc., Class A		2,324		23,798
BrightView Holdings, Inc.*		3,218		26,645
Brink's Co. (The)		3,592		272,310
Casella Waste Systems, Inc., Class A*		4,331		341,153

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
CECO Environmental Corp.*		2,310		31,832
Cimpress plc*		1,387		89,614
CompX International, Inc.		118		2,498
CoreCivic, Inc.*		8,848		95,205
Deluxe Corp.		3,387		68,485
Ennis, Inc.		1,983		42,238
Enviri Corp.*		6,139		45,736
GEO Group, Inc. (The)*		9,264		67,071
Healthcare Services Group, Inc.		5,791		66,886
Heritage-Crystal Clean, Inc.*		1,221		55,067
HNI Corp.		3,594		117,739
Interface, Inc.		4,460		46,072
LanzaTech Global, Inc.*		1,604		10,618
Li-Cycle Holdings Corp.*(a)		10,732		47,650
Liquidity Services, Inc.*		1,845		33,671
Matthews International Corp., Class A		2,312		97,520
MillerKnoll, Inc.		5,910		112,881
Montrose Environmental Group, Inc.*		2,170		83,415
NL Industries, Inc.		652		3,371
OPENLANE, Inc.*		8,399		131,108
Performant Financial Corp.*		5,232		12,295
Pitney Bowes, Inc.		13,651		44,912
Quad/Graphics, Inc.*		2,418		12,356
SP Plus Corp.*		1,522		59,617
Steelcase, Inc., Class A		6,862		62,238
UniFirst Corp.		1,168		205,720
Viad Corp.*		1,584		44,970
VSE Corp.		831		47,159
				2,840,486
Communications Equipment - 0.5%
ADTRAN Holdings, Inc.		6,071		51,907
Aviat Networks, Inc.*		862		30,377
Calix, Inc.*		4,589		213,434
Cambium Networks Corp.*		944		8,694
Clearfield, Inc.*		1,018		35,783
CommScope Holding Co., Inc.*		16,123		53,851
Comtech Telecommunications Corp.		2,122		21,326
Digi International, Inc.*		2,734		91,261
DZS, Inc.*		1,693		3,928
Extreme Networks, Inc.*		9,819		269,532
Harmonic, Inc.*		8,568		91,506
Infinera Corp.*(a)		15,517		72,620
KVH Industries, Inc.*		1,458		7,727
NETGEAR, Inc.*		2,223		29,299
NetScout Systems, Inc.*		5,307		151,939
Ribbon Communications, Inc.*		6,830		20,217
Viavi Solutions, Inc.*		17,395		181,778
				1,335,179
Construction & Engineering - 1.2%
Ameresco, Inc., Class A*		2,502		108,812
API Group Corp.*		16,279		458,254
Arcosa, Inc.		3,776		295,359
Argan, Inc.		985		41,843
Bowman Consulting Group Ltd.*		782		23,092
Comfort Systems USA, Inc.		2,754		508,306
Concrete Pumping Holdings, Inc.*		2,017		15,390
Construction Partners, Inc., Class A*		3,126		108,628
Dycom Industries, Inc.*		2,231		222,944
Eneti, Inc.		1,919		20,802
Fluor Corp.*		11,099		388,354
Granite Construction, Inc.		3,432		141,707
Great Lakes Dredge & Dock Corp.*		5,101		45,042
IES Holdings, Inc.*		637		47,762
INNOVATE Corp.*(a)		3,570		5,712
Limbach Holdings, Inc.*		716		25,869
MYR Group, Inc.*		1,279		181,707
Northwest Pipe Co.*		766		25,347
Primoris Services Corp.		4,132		146,149
Southland Holdings, Inc.*(a)		292		1,991
Sterling Infrastructure, Inc.*		2,330		192,831
Tutor Perini Corp.*		3,302		29,355
				3,035,256
Construction Materials - 0.2%
Knife River Corp.*		3,963		203,936
Summit Materials, Inc., Class A*		9,296		347,763
United States Lime & Minerals, Inc.		161		34,870
				586,569
Consumer Finance - 0.6%
Atlanticus Holdings Corp.*		360		12,564
Bread Financial Holdings, Inc.		3,928		147,614
Consumer Portfolio Services, Inc.*		720		6,675
Encore Capital Group, Inc.*		1,808		84,723
Enova International, Inc.*		2,367		119,415
FirstCash Holdings, Inc.		2,932		261,886
Green Dot Corp., Class A*		3,614		53,632
LendingClub Corp.*		8,280		57,629
LendingTree, Inc.*		817		15,450
Moneylion, Inc.*		1		22
Navient Corp.		7,201		127,098
Nelnet, Inc., Class A		1,133		104,066
NerdWallet, Inc., Class A*		2,663		23,967
OppFi, Inc.*(a)		835		2,154
PRA Group, Inc.*		3,005		58,537
PROG Holdings, Inc.*		3,603		123,583
Regional Management Corp.		610		16,763
Upstart Holdings, Inc.*(a)		5,607		180,377
World Acceptance Corp.*		290		39,095
				1,435,250
Consumer Staples Distribution & Retail - 0.4%
Andersons, Inc. (The)		2,505		128,657
Chefs' Warehouse, Inc. (The)*		2,739		78,171
HF Foods Group, Inc.*		3,131		14,810
Ingles Markets, Inc., Class A		1,094		85,474
Natural Grocers by Vitamin Cottage, Inc.		727		9,168
PriceSmart, Inc.		2,013		159,993
SpartanNash Co.		2,714		59,057
Sprouts Farmers Market, Inc.*		8,061		328,808
United Natural Foods, Inc.*		4,610		92,799
Village Super Market, Inc., Class A		663		14,951
Weis Markets, Inc.		1,282		83,163
				1,055,051
Containers & Packaging - 0.2%
Greif, Inc., Class A		1,927		139,881
Greif, Inc., Class B		402		29,961
Myers Industries, Inc.		2,844		53,496
O-I Glass, Inc.*		12,089		240,087
Pactiv Evergreen, Inc.		3,114		25,597
Ranpak Holdings Corp., Class A*		3,371		21,338
TriMas Corp.		3,229		84,600
				594,960

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Distributors - 0.0%(c)
Weyco Group, Inc.		462		11,804
Diversified Consumer Services - 0.8%
2U, Inc.*		6,158		19,521
Adtalem Global Education, Inc.*		3,530		154,791
Carriage Services, Inc.		1,043		32,145
Chegg, Inc.*		9,190		93,830
Coursera, Inc.*		10,130		176,161
Duolingo, Inc., Class A*		2,233		328,608
European Wax Center, Inc., Class A*(a)		2,656		46,108
Frontdoor, Inc.*		6,403		210,146
Graham Holdings Co., Class B		288		168,863
Laureate Education, Inc.		10,195		142,016
Lincoln Educational Services Corp.*		1,841		15,704
Nerdy, Inc.*		4,608		21,565
OneSpaWorld Holdings Ltd.*		5,677		64,945
Perdoceo Education Corp.		5,227		86,611
Rover Group, Inc., Class A*		7,223		48,900
Strategic Education, Inc.		1,761		136,478
Stride, Inc.*		3,300		140,217
Udemy, Inc.*		6,674		69,143
Universal Technical Institute, Inc.*		2,550		20,324
WW International, Inc.*		4,240		41,170
				2,017,246
Diversified REITs - 0.4%
Alexander & Baldwin, Inc., REIT		5,644		101,649
Alpine Income Property Trust, Inc., REIT		1,013		17,616
American Assets Trust, Inc., REIT		3,798		81,315
Armada Hoffler Properties, Inc., REIT		5,242		59,706
Broadstone Net Lease, Inc., REIT		14,630		236,567
CTO Realty Growth, Inc., REIT		1,750		30,835
Empire State Realty Trust, Inc., Class A, REIT		10,278		89,727
Essential Properties Realty Trust, Inc., REIT		11,580		278,152
Gladstone Commercial Corp., REIT		3,129		41,146
Global Net Lease, Inc., REIT		8,135		92,332
NexPoint Diversified Real Estate Trust, REIT		2,387		22,581
One Liberty Properties, Inc., REIT		1,264		24,838
Star Holdings, REIT*		1,008		13,729
				1,090,193
Diversified Telecommunication Services - 0.4%
Anterix, Inc.*		1,430		47,319
AST SpaceMobile, Inc., Class A*(a)		4,712		18,471
ATN International, Inc.		857		30,741
Bandwidth, Inc., Class A*		1,823		26,196
Charge Enterprises, Inc.*		10,475		5,692
Cogent Communications Holdings, Inc.		3,369		237,784
Consolidated Communications Holdings, Inc.*		5,772		22,799
EchoStar Corp., Class A*		2,618		45,501
Globalstar, Inc.*		53,702		77,331
IDT Corp., Class B*		1,211		28,313
Liberty Latin America Ltd., Class A*		2,820		25,211
Liberty Latin America Ltd., Class C*		11,192		100,280
Lumen Technologies, Inc.*		78,420		124,688
Ooma, Inc.*		1,856		26,151
Radius Global Infrastructure, Inc.*		6,605		98,547
				915,024
Electric Utilities - 0.5%
ALLETE, Inc.		4,498		246,940
Genie Energy Ltd., Class B		1,538		23,547
MGE Energy, Inc.		2,840		205,701
Otter Tail Corp.		3,213		264,655
PNM Resources, Inc.		6,673		295,681
Portland General Electric Co.		7,560		331,581
				1,368,105
Electrical Equipment - 1.2%
Allient, Inc.		1,077		36,650
Amprius Technologies, Inc.*(a)		418		2,057
Array Technologies, Inc.*		11,786		293,118
Atkore, Inc.*		3,082		474,535
Babcock & Wilcox Enterprises, Inc.*		4,573		24,008
Blink Charging Co.*(a)		3,589		14,141
Bloom Energy Corp., Class A*		14,989		224,685
Dragonfly Energy Holdings Corp.*		1,183		2,035
Encore Wire Corp.		1,303		214,747
Energy Vault Holdings, Inc.*(a)		7,624		24,321
EnerSys		3,211		337,091
Enovix Corp.*(a)		10,651		146,771
Eos Energy Enterprises, Inc.*(a)		8,369		27,199
ESS Tech, Inc.*(a)		7,094		10,144
Fluence Energy, Inc., Class A*(a)		3,062		80,684
FTC Solar, Inc.*		4,946		9,298
FuelCell Energy, Inc.*(a)		31,856		44,598
GrafTech International Ltd.		15,079		53,380
LSI Industries, Inc.		2,035		32,051
NEXTracker, Inc., Class A*		3,372		142,029
NuScale Power Corp.*(a)		4,167		24,877
Powell Industries, Inc.		713		59,871
Preformed Line Products Co.		193		32,712
SES AI Corp.*		9,709		20,486
Shoals Technologies Group, Inc., Class A*		13,343		262,590
SKYX Platforms Corp.*		4,420		7,735
Stem, Inc.*(a)		11,078		56,387
SunPower Corp.*(a)		6,793		48,638
Thermon Group Holdings, Inc.*		2,601		71,475
TPI Composites, Inc.*		3,258		16,453
Vicor Corp.*		1,726		116,971
				2,911,737
Electronic Equipment, Instruments & Components - 2.1%
908 Devices, Inc.*(a)		1,705		12,259
Advanced Energy Industries, Inc.		2,928		345,709
Aeva Technologies, Inc.*(a)		6,179		5,824
Akoustis Technologies, Inc.*(a)		5,377		8,119
Arlo Technologies, Inc.*		6,721		65,664
Badger Meter, Inc.		2,290		380,323
Bel Fuse, Inc., Class B		814		42,572
Belden, Inc.		3,308		310,621
Benchmark Electronics, Inc.		2,752		70,837
Climb Global Solutions, Inc.		323		13,892
CTS Corp.		2,441		108,991
Daktronics, Inc.*		3,038		25,398
ePlus, Inc.*		2,068		137,274

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Evolv Technologies Holdings, Inc.*		8,762		61,246
Fabrinet*		2,864		460,445
FARO Technologies, Inc.*		1,583		25,106
Insight Enterprises, Inc.*		2,234		357,641
Iteris, Inc.*		3,321		15,244
Itron, Inc.*		3,545		242,514
Kimball Electronics, Inc.*		1,863		56,244
Knowles Corp.*		6,994		112,114
Lightwave Logic, Inc.*(a)		8,920		56,285
Luna Innovations, Inc.*		2,498		17,211
Methode Electronics, Inc.		2,750		88,688
MicroVision, Inc.*(a)		13,757		34,668
Mirion Technologies, Inc., Class A*		15,588		133,122
Napco Security Technologies, Inc.		2,455		60,835
nLight, Inc.*		3,430		39,136
Novanta, Inc.*		2,786		465,206
OSI Systems, Inc.*		1,234		168,256
PAR Technology Corp.*		2,073		90,134
PC Connection, Inc.		890		47,277
Plexus Corp.*		2,135		216,809
Presto Automation, Inc.*		246		819
Richardson Electronics Ltd.		930		11,709
Rogers Corp.*		1,348		194,800
Sanmina Corp.*		4,486		249,870
ScanSource, Inc.*		1,958		64,183
SmartRent, Inc., Class A*(a)		14,333		48,732
TTM Technologies, Inc.*		7,960		118,604
Vishay Intertechnology, Inc.		10,036		275,388
Vishay Precision Group, Inc.*		963		34,687
Vuzix Corp.*(a)		4,590		18,360
				5,292,816
Energy Equipment & Services - 2.0%
Archrock, Inc.		10,819		138,375
Atlas Energy Solutions, Inc., Class A		1,266		26,953
Borr Drilling Ltd.*		17,803		124,443
Bristow Group, Inc., Class A*		1,838		50,912
Cactus, Inc., Class A		5,030		268,300
ChampionX Corp.		15,486		558,890
Core Laboratories, Inc.		3,648		87,698
Diamond Offshore Drilling, Inc.*		7,917		117,726
DMC Global, Inc.*		1,519		36,486
Dril-Quip, Inc.*		2,648		73,032
Expro Group Holdings NV*		6,862		161,326
Forum Energy Technologies, Inc.*		763		18,068
Helix Energy Solutions Group, Inc.*		11,196		113,527
Helmerich & Payne, Inc.		7,818		312,642
KLX Energy Services Holdings, Inc.*(a)		985		10,249
Liberty Energy, Inc., Class A		13,304		212,199
Mammoth Energy Services, Inc.*		1,811		8,385
Nabors Industries Ltd.*		713		78,922
Newpark Resources, Inc.*		5,906		35,318
Noble Corp. plc		8,377		441,803
Oceaneering International, Inc.*		7,820		178,218
Oil States International, Inc.*		4,905		38,455
Patterson-UTI Energy, Inc.		27,478		388,539
ProFrac Holding Corp., Class A*(a)		1,878		20,658
ProPetro Holding Corp.*		7,673		73,968
Ranger Energy Services, Inc.		1,208		14,387
RPC, Inc.		6,616		52,862
SEACOR Marine Holdings, Inc.*		1,874		21,532
Seadrill Ltd.*		3,932		191,292
Select Water Solutions, Inc., Class A		6,625		53,331
Solaris Oilfield Infrastructure, Inc., Class A		2,505		26,353
TETRA Technologies, Inc.*		9,747		53,511
Tidewater, Inc.*		3,697		240,416
US Silica Holdings, Inc.*		5,865		72,315
Valaris Ltd.*		4,777		359,804
Weatherford International plc*		5,541		490,489
				5,151,384
Entertainment - 0.3%
Atlanta Braves Holdings, Inc., Class A*		782		32,719
Atlanta Braves Holdings, Inc., Class C*		3,430		126,361
Cinemark Holdings, Inc.*		8,552		139,227
IMAX Corp.*		3,495		66,859
Lions Gate Entertainment Corp., Class A*		4,533		35,901
Lions Gate Entertainment Corp., Class B*		9,006		67,095
Loop Media, Inc.*		2,835		2,469
Madison Square Garden Entertainment Corp.*		3,364		107,951
Marcus Corp. (The)		1,886		28,648
Playstudios, Inc.*		6,654		23,688
Reservoir Media, Inc.*(a)		1,544		8,415
Sphere Entertainment Co.*		2,030		71,172
Vivid Seats, Inc., Class A*		1,982		14,389
				724,894
Equity Real Estate Investment Trusts (REITs) - 0.0%(c)
Hudson Pacific Properties, Inc.		10,746		73,180
Financial Services - 1.7%
Acacia Research Corp.*(a)		2,955		11,259
Alerus Financial Corp.		1,416		27,612
A-Mark Precious Metals, Inc.		1,481		50,532
AvidXchange Holdings, Inc.*		11,623		119,484
Banco Latinoamericano de Comercio Exterior SA, Class E		2,140		50,504
Cannae Holdings, Inc.*		5,569		109,319
Cantaloupe, Inc.*		4,460		35,323
Cass Information Systems, Inc.		1,065		40,832
Compass Diversified Holdings		4,915		101,495
Enact Holdings, Inc.		2,335		66,921
Essent Group Ltd.		8,240		413,813
EVERTEC, Inc.		5,085		201,213
Federal Agricultural Mortgage Corp., Class C		710		119,507
Finance of America Cos., Inc., Class A*(a)		4,154		5,899
Flywire Corp.*		7,475		258,485
I3 Verticals, Inc., Class A*		1,752		41,435
International Money Express, Inc.*		2,403		41,572
Jackson Financial, Inc., Class A		6,334		238,158
Marqeta, Inc., Class A*		38,133		234,518
Merchants Bancorp		1,235		36,025
Mr Cooper Group, Inc.*		5,187		293,895
NewtekOne, Inc.		1,813		32,471
NMI Holdings, Inc., Class A*		6,386		182,767
Ocwen Financial Corp.*		500		15,130
Pagseguro Digital Ltd., Class A*		15,451		138,750

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Payoneer Global, Inc.*		20,617		127,619
Paysafe Ltd.*		2,526		33,090
Paysign, Inc.*		2,538		5,711
PennyMac Financial Services, Inc.		1,986		142,535
Priority Technology Holdings, Inc.*		1,372		5,090
Radian Group, Inc.		12,247		331,649
Remitly Global, Inc.*		6,562		165,034
Repay Holdings Corp., Class A*		6,319		58,261
Security National Financial Corp., Class A*		970		7,954
StoneCo Ltd., Class A*		22,650		277,689
SWK Holdings Corp.*		293		4,615
Velocity Financial, Inc.*		681		8,438
Walker & Dunlop, Inc.		2,476		211,302
Waterstone Financial, Inc.		1,434		17,796
				4,263,702
Food Products - 0.8%
Alico, Inc.		554		13,036
B&G Foods, Inc.(a)		5,532		70,754
Benson Hill, Inc.*		13,469		8,605
Beyond Meat, Inc.*(a)		4,611		54,410
BRC, Inc., Class A*(a)		2,899		13,104
Calavo Growers, Inc.		1,347		44,397
Cal-Maine Foods, Inc.		2,971		141,984
Dole plc		5,565		66,335
Forafric Global plc*(a)		407		4,534
Fresh Del Monte Produce, Inc.		2,649		67,682
Hain Celestial Group, Inc. (The)*		6,958		73,685
Hostess Brands, Inc., Class A*		10,336		294,369
J & J Snack Foods Corp.		1,172		190,016
John B Sanfilippo & Son, Inc.		697		69,944
Lancaster Colony Corp.		1,520		251,089
Limoneira Co.		1,361		20,973
Mission Produce, Inc.*		3,770		35,891
Seneca Foods Corp., Class A*		408		19,690
Simply Good Foods Co. (The)*		7,064		254,869
Sovos Brands, Inc.*		3,089		69,194
SunOpta, Inc.*		7,064		31,011
TreeHouse Foods, Inc.*		4,008		186,452
Utz Brands, Inc.		5,603		86,510
Vital Farms, Inc.*		2,375		27,978
Westrock Coffee Co.*		2,209		22,178
				2,118,690
Gas Utilities - 0.7%
Brookfield Infrastructure Corp., Class A		7,674		298,135
Chesapeake Utilities Corp.		1,360		149,736
New Jersey Resources Corp.		7,565		319,016
Northwest Natural Holding Co.		2,794		109,748
ONE Gas, Inc.		4,296		311,331
RGC Resources, Inc.		623		11,264
Southwest Gas Holdings, Inc.		4,807		297,697
Spire, Inc.		4,011		234,283
				1,731,210
Ground Transportation - 0.3%
ArcBest Corp.		1,878		198,298
Covenant Logistics Group, Inc., Class A		662		32,551
Daseke, Inc.*		3,149		16,690
FTAI Infrastructure, Inc.		7,696		26,782
Heartland Express, Inc.		3,646		55,018
Marten Transport Ltd.		4,520		94,920
PAM Transportation Services, Inc.*		481		11,092
RXO, Inc.*		9,044		163,515
TuSimple Holdings, Inc., Class A*		12,845		16,056
Universal Logistics Holdings, Inc.		527		14,292
Werner Enterprises, Inc.		4,928		205,054
				834,268
Health Care Equipment & Supplies - 2.3%
Accuray, Inc.*		7,252		20,668
Alphatec Holdings, Inc.*		5,992		97,969
AngioDynamics, Inc.*		2,935		23,568
Artivion, Inc.*		3,063		51,826
AtriCure, Inc.*		3,622		163,533
Atrion Corp.		107		49,766
Avanos Medical, Inc.*		3,598		75,702
Axogen, Inc.*		3,162		19,794
Axonics, Inc.*		3,816		218,657
Beyond Air, Inc.*(a)		1,992		6,066
Butterfly Network, Inc.*(a)		10,851		19,206
Cerus Corp.*		13,798		26,078
ClearPoint Neuro, Inc.*		1,782		10,353
CONMED Corp.		2,385		265,832
Cutera, Inc.*		1,296		14,749
CVRx, Inc.*(a)		865		15,008
Embecta Corp.		4,494		82,375
Glaukos Corp.*		3,646		273,960
Haemonetics Corp.*		3,901		350,037
Inari Medical, Inc.*		4,031		268,545
Inmode Ltd.*		6,025		235,517
Inogen, Inc.*		1,812		11,253
Integer Holdings Corp.*		2,583		220,356
iRadimed Corp.		568		26,259
iRhythm Technologies, Inc.*		2,387		246,744
KORU Medical Systems, Inc.*		2,717		7,119
Lantheus Holdings, Inc.*		5,292		362,185
LeMaitre Vascular, Inc.		1,536		88,796
LivaNova plc*		4,220		234,421
Merit Medical Systems, Inc.*		4,423		288,733
Nano-X Imaging Ltd.*		3,568		29,704
Neogen Corp.*		16,951		391,907
Nevro Corp.*		2,762		55,351
Omnicell, Inc.*		3,497		198,839
OraSure Technologies, Inc.*		5,801		37,475
Orchestra BioMed Holdings, Inc.*		325		2,028
Orthofix Medical, Inc.*		2,735		57,873
OrthoPediatrics Corp.*		1,235		47,202
Outset Medical, Inc.*		3,843		52,303
Paragon 28, Inc.*		3,415		48,937
PROCEPT BioRobotics Corp.*		2,807		95,747
Pulmonx Corp.*		2,853		29,842
Pulse Biosciences, Inc.*		1,255		5,911
RxSight, Inc.*		2,107		61,124
Sanara Medtech, Inc.*(a)		296		10,703
Semler Scientific, Inc.*		389		10,254
SI-BONE, Inc.*		2,704		61,868
Sight Sciences, Inc.*		1,680		11,021
Silk Road Medical, Inc.*		2,988		57,728
STAAR Surgical Co.*		3,781		163,944
Surmodics, Inc.*		1,071		39,434
Tactile Systems Technology, Inc.*		1,809		34,281
Tela Bio, Inc.*		1,235		11,930
TransMedics Group, Inc.*		2,467		161,909
Treace Medical Concepts, Inc.*		3,517		54,689
UFP Technologies, Inc.*		551		96,816
Utah Medical Products, Inc.		267		24,457

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Varex Imaging Corp.*		3,017		59,344
Vicarious Surgical, Inc., Class A*(a)		5,448		5,037
Zimvie, Inc.*		2,010		23,718
Zynex, Inc.*(a)		1,532		11,796
				5,728,247
Health Care Providers & Services - 2.0%
23andMe Holding Co., Class A*(a)		20,208		22,229
Accolade, Inc.*		5,135		69,271
AdaptHealth Corp., Class A*		5,726		68,311
Addus HomeCare Corp.*		1,218		106,819
Agiliti, Inc.*		2,306		22,253
AirSculpt Technologies, Inc.*(a)		946		7,265
Alignment Healthcare, Inc.*		6,618		38,649
AMN Healthcare Services, Inc.*		3,157		279,016
Apollo Medical Holdings, Inc.*		3,332		126,150
Aveanna Healthcare Holdings, Inc.*(a)		3,905		5,623
Brookdale Senior Living, Inc.*		13,260		56,355
Cano Health, Inc.*(a)		18,578		5,746
CareMax, Inc.*(a)		5,844		13,032
Castle Biosciences, Inc.*		1,932		38,505
Community Health Systems, Inc.*		9,777		33,046
CorVel Corp.*		678		146,753
Cross Country Healthcare, Inc.*		2,677		68,960
DocGo, Inc.*		6,049		54,139
Enhabit, Inc.*		3,916		50,164
Ensign Group, Inc. (The)		4,243		425,233
Fulgent Genetics, Inc.*		1,593		52,187
Guardant Health, Inc.*		8,648		337,964
HealthEquity, Inc.*		6,539		441,709
Hims & Hers Health, Inc.*		9,506		63,785
InfuSystem Holdings, Inc.*		1,412		14,515
Innovage Holding Corp.*		1,471		8,061
Invitae Corp.*(a)		20,436		18,885
Joint Corp. (The)*		1,107		10,284
LifeStance Health Group, Inc.*		8,253		67,757
ModivCare, Inc.*		992		31,843
National HealthCare Corp.		972		64,103
National Research Corp.		1,121		46,858
NeoGenomics, Inc.*		9,910		148,947
OPKO Health, Inc.*		31,366		57,400
Option Care Health, Inc.*		13,235		460,975
Owens & Minor, Inc.*		5,777		97,631
P3 Health Partners, Inc.*		3,098		6,134
Patterson Cos., Inc.		6,852		205,834
Pediatrix Medical Group, Inc.*		6,546		92,495
Pennant Group, Inc. (The)*		2,253		26,991
PetIQ, Inc., Class A*		2,126		40,564
Privia Health Group, Inc.*		5,262		138,128
Progyny, Inc.*		6,111		228,185
Quipt Home Medical Corp.*(a)		3,137		18,540
RadNet, Inc.*		3,841		128,328
Select Medical Holdings Corp.		8,087		236,221
Surgery Partners, Inc.*		5,252		190,438
US Physical Therapy, Inc.		1,009		101,737
Viemed Healthcare, Inc.*		2,655		21,001
				4,995,019
Health Care REITs - 0.4%
CareTrust REIT, Inc., REIT		7,794		157,049
Community Healthcare Trust, Inc., REIT		1,987		65,949
Diversified Healthcare Trust, REIT		18,589		50,469
Global Medical REIT, Inc., REIT		4,745		45,932
LTC Properties, Inc., REIT		3,192		104,889
National Health Investors, Inc., REIT		3,249		166,121
Physicians Realty Trust, REIT		18,522		257,641
Sabra Health Care REIT, Inc., REIT		18,014		225,715
Universal Health Realty Income Trust, REIT		1,001		46,677
				1,120,442
Health Care Technology - 0.4%
American Well Corp., Class A*		19,070		27,079
Computer Programs and Systems, Inc.*		1,111		18,076
Definitive Healthcare Corp.*		3,511		33,003
Evolent Health, Inc., Class A*		8,567		218,544
Health Catalyst, Inc.*		4,341		50,746
HealthStream, Inc.		1,899		39,936
Multiplan Corp.*		29,452		50,363
NextGen Healthcare, Inc.*		4,212		76,701
OptimizeRx Corp.*		1,294		11,025
Phreesia, Inc.*		3,972		113,083
Schrodinger, Inc.*		4,238		156,340
Sharecare, Inc.*		23,980		22,724
Simulations Plus, Inc.		1,234		54,901
Veradigm, Inc.*		8,393		112,298
				984,819
Hotel & Resort REITs - 0.6%
Apple Hospitality REIT, Inc., REIT		16,781		252,051
Braemar Hotels & Resorts, Inc., REIT		5,101		13,875
Chatham Lodging Trust, REIT		3,750		36,675
DiamondRock Hospitality Co., REIT		16,363		131,886
Hersha Hospitality Trust, Class A, REIT		2,433		23,892
Pebblebrook Hotel Trust, REIT		9,453		136,785
RLJ Lodging Trust, REIT		12,377		123,646
Ryman Hospitality Properties, Inc., REIT		4,496		382,295
Service Properties Trust, REIT		12,833		106,000
Summit Hotel Properties, Inc., REIT		8,154		47,375
Sunstone Hotel Investors, Inc., REIT		16,212		145,584
Xenia Hotels & Resorts, Inc., REIT		8,683		102,459
				1,502,523
Hotels, Restaurants & Leisure - 1.7%
Accel Entertainment, Inc., Class A*		4,195		49,879
Bally's Corp.*		2,294		38,080
Biglari Holdings, Inc., Class B*		57		10,602
BJ's Restaurants, Inc.*		1,770		52,056
Bloomin' Brands, Inc.		6,820		191,369
Bluegreen Vacations Holding Corp.		839		30,087
Bowlero Corp.*		2,286		25,146
Brinker International, Inc.*		3,413		111,707
Carrols Restaurant Group, Inc.*		2,857		19,942
Century Casinos, Inc.*		2,138		13,897
Cheesecake Factory, Inc. (The)		3,775		120,234
Chuy's Holdings, Inc.*		1,405		53,530
Cracker Barrel Old Country Store, Inc.		1,717		141,532
Dave & Buster's Entertainment, Inc.*		3,374		132,497

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Denny's Corp.*		4,248		40,483
Dine Brands Global, Inc.		1,217		66,667
El Pollo Loco Holdings, Inc.		2,226		21,169
Everi Holdings, Inc.*		6,567		94,959
Fiesta Restaurant Group, Inc.*		1,376		11,572
First Watch Restaurant Group, Inc.*		1,175		22,466
Full House Resorts, Inc.*		2,554		12,336
Global Business Travel Group I*		2,509		16,936
Golden Entertainment, Inc.		1,575		57,346
Hilton Grand Vacations, Inc.*		6,332		276,835
Inspired Entertainment, Inc.*		1,688		22,248
International Game Technology plc		8,450		270,569
Jack in the Box, Inc.		1,616		129,878
Krispy Kreme, Inc.		6,812		91,213
Kura Sushi USA, Inc., Class A*		454		39,666
Life Time Group Holdings, Inc.*		3,474		59,753
Light & Wonder, Inc.*		7,108		544,970
Lindblad Expeditions Holdings, Inc.*		2,719		24,607
Monarch Casino & Resort, Inc.		1,048		70,635
Mondee Holdings, Inc.*		3,530		22,839
Nathan's Famous, Inc.		220		15,996
Noodles & Co., Class A*		3,121		8,676
ONE Group Hospitality, Inc. (The)*		1,707		11,693
Papa John's International, Inc.		2,716		205,601
PlayAGS, Inc.*		2,872		19,616
Portillo's, Inc., Class A*		3,305		60,614
Potbelly Corp.*		2,030		16,220
RCI Hospitality Holdings, Inc.		666		43,476
Red Robin Gourmet Burgers, Inc.*		1,235		12,807
Red Rock Resorts, Inc., Class A		3,705		162,761
Rush Street Interactive, Inc.*		4,897		22,526
Sabre Corp.*(a)		25,500		127,500
SeaWorld Entertainment, Inc.*		3,102		151,067
Shake Shack, Inc., Class A*		2,939		205,730
Six Flags Entertainment Corp.*		5,621		129,058
Super Group SGHC Ltd.*		10,611		40,110
Sweetgreen, Inc., Class A*		7,516		107,930
Target Hospitality Corp.*		2,431		38,653
Xponential Fitness, Inc., Class A*		1,922		41,631
				4,309,370
Household Durables - 1.6%
Beazer Homes USA, Inc.*		2,293		67,208
Cavco Industries, Inc.*		681		190,353
Century Communities, Inc.		2,214		164,389
Cricut, Inc., Class A(a)		3,720		35,191
Dream Finders Homes, Inc., Class A*(a)		1,884		54,297
Ethan Allen Interiors, Inc.		1,777		55,762
GoPro, Inc., Class A*		10,064		36,583
Green Brick Partners, Inc.*		2,053		101,541
Helen of Troy Ltd.*		1,874		230,352
Hooker Furnishings Corp.		854		18,387
Hovnanian Enterprises, Inc., Class A*		375		44,565
Installed Building Products, Inc.		1,845		267,027
iRobot Corp.*		2,133		82,952
KB Home		5,767		292,964
Landsea Homes Corp.*		1,046		10,136
La-Z-Boy, Inc.		3,379		104,242
Legacy Housing Corp.*		771		17,479
LGI Homes, Inc.*		1,620		199,422
Lovesac Co. (The)*		1,092		25,029
M/I Homes, Inc.*		2,096		205,785
MDC Holdings, Inc.		4,569		216,799
Meritage Homes Corp.		2,835		394,178
Purple Innovation, Inc., Class A(a)		4,997		10,843
Skyline Champion Corp.*		4,170		297,196
Snap One Holdings Corp.*(a)		1,423		13,020
Sonos, Inc.*		9,884		136,202
Taylor Morrison Home Corp., Class A*		8,188		388,111
Traeger, Inc.*		2,731		12,208
Tri Pointe Homes, Inc.*		7,719		240,061
United Homes Group, Inc.*		478		4,001
Vizio Holding Corp., Class A*		5,899		33,860
VOXX International Corp., Class A*		1,080		9,331
				3,959,474
Household Products - 0.2%
Central Garden & Pet Co.*		760		33,546
Central Garden & Pet Co., Class A*		3,064		125,011
Energizer Holdings, Inc.		5,576		191,536
Oil-Dri Corp. of America		382		25,747
WD-40 Co.		1,056		226,903
				602,743
Independent Power and Renewable Electricity Producers - 0.2%
Altus Power, Inc., Class A*		4,970		32,106
Montauk Renewables, Inc.*		5,185		49,517
Ormat Technologies, Inc.		4,162		316,062
Sunnova Energy International, Inc.*(a)		7,856		109,277
				506,962
Industrial Conglomerates - 0.0%(c)
Brookfield Business Corp., Class A		2,021		35,691
Industrial REITs - 0.4%
Innovative Industrial Properties, Inc., REIT		2,173		189,660
LXP Industrial Trust, REIT		22,549		221,431
Plymouth Industrial REIT, Inc., REIT		3,342		76,565
Terreno Realty Corp., REIT		6,363		387,443
				875,099
Insurance - 1.3%
Ambac Financial Group, Inc.*		3,443		44,346
American Coastal Insurance Corp.*		1,524		11,422
American Equity Investment Life Holding Co.		6,051		324,818
AMERISAFE, Inc.		1,484		76,871
Argo Group International Holdings Ltd.		2,488		74,018
BRP Group, Inc., Class A*		4,598		122,261
CNO Financial Group, Inc.		8,856		207,230
Crawford & Co., Class A		1,127		12,070
Donegal Group, Inc., Class A		1,196		17,474
eHealth, Inc.*		1,900		14,858
Employers Holdings, Inc.		2,085		81,795
Enstar Group Ltd.*		928		235,053
F&G Annuities & Life, Inc.		1,457		41,248
Genworth Financial, Inc., Class A*		37,800		218,862
GoHealth, Inc., Class A*(a)		305		4,846
Goosehead Insurance, Inc., Class A*		1,677		117,155

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Greenlight Capital Re Ltd., Class A*		2,010		22,170
HCI Group, Inc.		501		26,693
Hippo Holdings, Inc.*		815		8,134
Horace Mann Educators Corp.		3,198		91,655
Investors Title Co.		95		13,670
James River Group Holdings Ltd.		2,880		41,933
Kingsway Financial Services, Inc.*		828		7,311
Lemonade, Inc.*(a)		3,945		54,283
Maiden Holdings Ltd.*		7,059		12,071
MBIA, Inc.*		3,763		29,690
Mercury General Corp.		2,086		59,680
National Western Life Group, Inc., Class A		177		80,454
NI Holdings, Inc.*		642		8,192
Oscar Health, Inc., Class A*		12,029		75,422
Palomar Holdings, Inc.*		1,898		96,817
ProAssurance Corp.		4,202		74,291
Safety Insurance Group, Inc.		1,117		76,928
Selective Insurance Group, Inc.		4,686		464,898
Selectquote, Inc.*		10,610		12,944
SiriusPoint Ltd.*		7,115		78,692
Skyward Specialty Insurance Group, Inc.*		811		19,723
Stewart Information Services Corp.		2,083		96,485
Tiptree, Inc., Class A		1,867		32,896
Trupanion, Inc.*(a)		3,079		91,539
United Fire Group, Inc.		1,636		32,344
Universal Insurance Holdings, Inc.		1,970		24,940
				3,238,182
Interactive Media & Services - 0.5%
Bumble, Inc., Class A*		7,874		132,126
Cargurus, Inc., Class A*		7,610		137,817
Cars.com, Inc.*		5,176		96,739
DHI Group, Inc.*		3,387		12,769
Eventbrite, Inc., Class A*		6,016		60,942
EverQuote, Inc., Class A*		1,647		10,179
fuboTV, Inc.*(a)		15,829		37,040
Grindr, Inc.*(a)		3,189		16,392
Liberty TripAdvisor Holdings, Inc., Class B*		40		1,238
MediaAlpha, Inc., Class A*		1,615		13,550
Nextdoor Holdings, Inc.*		11,318		24,560
Outbrain, Inc.*		3,192		18,226
QuinStreet, Inc.*		4,042		40,016
Shutterstock, Inc.		1,919		80,809
System1, Inc.*		1,926		3,428
TrueCar, Inc.*		6,857		16,388
Vimeo, Inc.*		11,841		47,127
Yelp, Inc.*		5,238		224,448
Ziff Davis, Inc.*		3,663		244,139
ZipRecruiter, Inc., Class A*		5,425		82,406
				1,300,339
IT Services - 0.4%
BigBear.ai Holdings, Inc.*(a)		2,087		3,423
BigCommerce Holdings, Inc., Series 1*		5,228		55,417
Brightcove, Inc.*		3,357		12,924
DigitalOcean Holdings, Inc.*		4,933		133,438
Fastly, Inc., Class A*		9,225		219,463
Grid Dynamics Holdings, Inc.*		4,313		50,160
Hackett Group, Inc. (The)		1,945		45,844
Information Services Group, Inc.		2,730		14,196
Perficient, Inc.*		2,671		170,383
Rackspace Technology, Inc.*		6,129		15,322
Squarespace, Inc., Class A*		3,476		104,801
Thoughtworks Holding, Inc.*		7,200		35,784
Tucows, Inc., Class A*		772		18,258
Unisys Corp.*		5,170		20,835
				900,248
Leisure Products - 0.3%
Acushnet Holdings Corp.		2,429		142,218
AMMO, Inc.*(a)		7,014		16,062
Clarus Corp.		2,276		16,364
Escalade, Inc.		774		11,602
Funko, Inc., Class A*		2,705		18,854
JAKKS Pacific, Inc.*		562		11,060
Johnson Outdoors, Inc., Class A		421		23,538
Latham Group, Inc.*		3,021		11,178
Malibu Boats, Inc., Class A*		1,582		76,822
Marine Products Corp.		654		9,149
MasterCraft Boat Holdings, Inc.*		1,365		29,702
Smith & Wesson Brands, Inc.		3,558		41,771
Solo Brands, Inc., Class A*		1,707		9,542
Sturm Ruger & Co., Inc.		1,360		70,149
Topgolf Callaway Brands Corp.*		11,199		195,311
Vista Outdoor, Inc.*		4,386		128,291
				811,613
Life Sciences Tools & Services - 0.3%
Adaptive Biotechnologies Corp.*		8,833		59,800
Akoya Biosciences, Inc.*		1,414		7,353
BioLife Solutions, Inc.*		2,706		35,746
Codexis, Inc.*		5,185		9,022
CryoPort, Inc.*		3,334		47,009
Cytek Biosciences, Inc.*		9,425		71,630
Harvard Bioscience, Inc.*		3,041		13,411
MaxCyte, Inc.*		6,796		24,873
Mesa Laboratories, Inc.		401		57,487
NanoString Technologies, Inc.*		3,677		9,413
Nautilus Biotechnology, Inc., Class A*		3,925		12,678
OmniAb, Inc.*(a)		7,251		42,056
Pacific Biosciences of California, Inc.*		19,603		221,122
Quanterix Corp.*		2,740		73,432
Quantum-Si, Inc.*(a)		7,810		18,276
Seer, Inc., Class A*		4,559		11,990
SomaLogic, Inc.*		11,753		25,974
				741,272
Machinery - 2.7%
374Water, Inc.*(a)		4,605		6,907
3D Systems Corp.*		9,920		62,595
Alamo Group, Inc.		786		134,917
Albany International Corp., Class A		2,434		225,680
Astec Industries, Inc.		1,769		96,977
Barnes Group, Inc.		3,812		149,812
Blue Bird Corp.*		1,367		29,869
Chart Industries, Inc.*		3,285		593,224
CIRCOR International, Inc.*		1,415		78,801
Columbus McKinnon Corp.		2,196		82,723
Commercial Vehicle Group, Inc.*		2,498		23,007
Desktop Metal, Inc., Class A*(a)		21,814		39,265
Douglas Dynamics, Inc.		1,755		53,124
Energy Recovery, Inc.*		4,333		117,771
Enerpac Tool Group Corp.		4,471		117,140
EnPro Industries, Inc.		1,631		222,452
ESCO Technologies, Inc.		1,993		213,271

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Federal Signal Corp.		4,664		284,271
Franklin Electric Co., Inc.		3,595		347,672
Gencor Industries, Inc.*		820		11,710
Gorman-Rupp Co. (The)		1,782		57,273
Greenbrier Cos., Inc. (The)		2,455		104,485
Helios Technologies, Inc.		2,549		147,536
Hillenbrand, Inc.		5,375		260,365
Hillman Solutions Corp.*		13,427		121,514
Hyliion Holdings Corp.*		11,479		14,004
Hyster-Yale Materials Handling, Inc.		845		38,591
John Bean Technologies Corp.		2,479		272,467
Kadant, Inc.		909		199,744
Kennametal, Inc.		6,277		166,152
Lindsay Corp.		860		106,726
Luxfer Holdings plc		2,134		25,672
Manitowoc Co., Inc. (The)*		2,711		45,870
Mayville Engineering Co., Inc.*		859		10,085
Microvast Holdings, Inc.*(a)		8,173		18,226
Miller Industries, Inc.		865		34,600
Mueller Industries, Inc.		4,362		336,572
Mueller Water Products, Inc., Class A		12,078		170,541
Nikola Corp.*(a)		46,173		54,484
Omega Flex, Inc.		255		21,343
Park-Ohio Holdings Corp.		653		12,218
Proto Labs, Inc.*		2,052		60,534
REV Group, Inc.		2,463		33,448
Shyft Group, Inc. (The)		2,678		41,991
SPX Technologies, Inc.*		3,436		271,513
Standex International Corp.		918		141,032
Tennant Co.		1,441		118,782
Terex Corp.		5,229		316,930
Titan International, Inc.*		4,079		51,355
Trinity Industries, Inc.		6,319		158,417
Velo3D, Inc.*(a)		6,921		10,935
Wabash National Corp.		3,692		83,255
Watts Water Technologies, Inc., Class A		2,129		401,891
				6,799,739
Marine Transportation - 0.2%
Costamare, Inc.		3,769		38,858
Eagle Bulk Shipping, Inc.(a)		1,061		46,429
Genco Shipping & Trading Ltd.		3,275		44,769
Golden Ocean Group Ltd.(a)		9,577		70,008
Himalaya Shipping Ltd.*(a)		2,129		10,560
Matson, Inc.		2,773		243,691
Pangaea Logistics Solutions Ltd.(a)		2,832		15,973
Safe Bulkers, Inc.		5,493		17,633
				487,921
Media - 0.5%
Advantage Solutions, Inc.*		6,755		18,914
AMC Networks, Inc., Class A*		2,404		27,983
Boston Omaha Corp., Class A*		1,796		31,753
Cardlytics, Inc.*		2,627		43,766
Clear Channel Outdoor Holdings, Inc.*		28,846		41,827
Daily Journal Corp.*		105		30,954
Emerald Holding, Inc.*		1,214		5,123
Entravision Communications Corp., Class A		4,680		17,924
EW Scripps Co. (The), Class A*		4,628		35,358
Gambling.com Group Ltd.*		829		11,755
Gannett Co., Inc.*		11,219		32,647
Gray Television, Inc.		6,441		51,914
iHeartMedia, Inc., Class A*		7,986		28,829
Integral Ad Science Holding Corp.*		2,938		41,925
John Wiley & Sons, Inc., Class A		3,321		123,408
Magnite, Inc.*		10,418		85,948
PubMatic, Inc., Class A*		3,364		46,760
Quotient Technology, Inc.*		7,037		28,078
Scholastic Corp.		2,226		96,720
Sinclair, Inc.		2,740		34,579
Stagwell, Inc., Class A*		8,419		45,884
TechTarget, Inc.*		2,029		58,334
TEGNA, Inc.		17,441		288,300
Thryv Holdings, Inc.*		2,411		49,160
Townsquare Media, Inc., Class A		908		8,771
Urban One, Inc., Class A*		645		3,586
Urban One, Inc., Class D*		974		5,250
WideOpenWest, Inc.*		3,998		32,384
				1,327,834
Metals & Mining - 1.4%
5E Advanced Materials, Inc.*(a)		3,056		7,823
Alpha Metallurgical Resources, Inc.		1,009		204,666
Arch Resources, Inc.		1,424		185,974
ATI, Inc.*		10,037		454,977
Caledonia Mining Corp. plc(a)		1,277		13,204
Carpenter Technology Corp.		3,749		234,800
Century Aluminum Co.*		4,093		30,452
Coeur Mining, Inc.*		24,861		59,915
Commercial Metals Co.		9,117		513,196
Compass Minerals International, Inc.		2,666		80,380
Constellium SE, Class A*		9,853		177,354
Contango ORE, Inc.*(a)		289		5,268
Dakota Gold Corp.*		4,180		12,038
Haynes International, Inc.		973		47,492
Hecla Mining Co.		46,739		205,184
i-80 Gold Corp.*		15,022		29,744
Ivanhoe Electric, Inc.*(a)		4,340		67,834
Kaiser Aluminum Corp.		1,241		94,217
Materion Corp.		1,598		173,846
NioCorp Developments Ltd.*		150		555
Novagold Resources, Inc.*		18,813		77,510
Olympic Steel, Inc.		767		41,050
Perpetua Resources Corp.*		2,936		9,718
Piedmont Lithium, Inc.*		1,395		62,440
PolyMet Mining Corp.*		2,655		5,522
Ramaco Resources, Inc., Class A		1,754		13,751
Ramaco Resources, Inc., Class B(a)		351		3,805
Ryerson Holding Corp.		1,753		54,588
Schnitzer Steel Industries, Inc., Class A		2,013		66,832
SunCoke Energy, Inc.		6,502		60,469
TimkenSteel Corp.*		3,383		74,122
Tredegar Corp.		2,052		10,322
Warrior Met Coal, Inc.		4,026		159,269
Worthington Industries, Inc.		2,396		180,347
				3,418,664
Mortgage Real Estate Investment Trusts (REITs) - 0.9%
AFC Gamma, Inc.		1,275		16,906
Angel Oak Mortgage REIT, Inc.		919		8,565
Apollo Commercial Real Estate Finance, Inc.		11,048		120,644
Arbor Realty Trust, Inc.(a)		13,969		222,945
Ares Commercial Real Estate Corp.		4,044		41,855

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
ARMOUR Residential REIT, Inc.(a)		15,263		74,941
Blackstone Mortgage Trust, Inc., Class A		13,410		295,288
BrightSpire Capital, Inc., Class A		10,023		69,760
Chicago Atlantic Real Estate Finance, Inc.		1,274		19,263
Chimera Investment Corp.		18,117		109,608
Claros Mortgage Trust, Inc.		7,062		80,436
Dynex Capital, Inc.		4,202		54,458
Ellington Financial, Inc.(a)		5,082		67,946
Franklin BSP Realty Trust, Inc.		6,469		91,472
Granite Point Mortgage Trust, Inc.		3,975		21,227
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		8,051		180,101
Invesco Mortgage Capital, Inc.		3,264		36,725
KKR Real Estate Finance Trust, Inc.		4,584		57,346
Ladder Capital Corp.		8,813		96,590
MFA Financial, Inc.		7,960		87,242
New York Mortgage Trust, Inc.		7,081		67,411
Nexpoint Real Estate Finance, Inc.		627		10,715
Orchid Island Capital, Inc.		3,062		29,365
PennyMac Mortgage Investment Trust		6,876		92,207
Ready Capital Corp.		12,464		136,107
Redwood Trust, Inc.		8,863		70,993
TPG RE Finance Trust, Inc.		5,374		40,412
Two Harbors Investment Corp.		7,567		104,198
				2,304,726
Multi-Utilities - 0.3%
Avista Corp.		5,872		195,479
Black Hills Corp.		5,187		285,285
NorthWestern Corp.		4,684		236,073
Unitil Corp.		1,241		60,586
				777,423
Office REITs - 0.5%
Brandywine Realty Trust, REIT		13,241		66,205
City Office REIT, Inc., REIT		3,034		15,291
Corporate Office Properties Trust, REIT		8,775		227,097
Douglas Emmett, Inc., REIT		13,232		180,881
Easterly Government Properties, Inc., Class A, REIT		7,206		96,344
Equity Commonwealth, REIT		8,166		155,399
JBG SMITH Properties, REIT		8,701		136,432
Office Properties Income Trust, REIT		3,745		27,713
Orion Office REIT, Inc., REIT		4,446		25,920
Paramount Group, Inc., REIT		14,395		73,990
Peakstone Realty Trust, REIT		2,164		42,523
Piedmont Office Realty Trust, Inc., Class A, REIT		9,609		66,014
Postal Realty Trust, Inc., Class A, REIT		1,457		21,025
SL Green Realty Corp., REIT(a)		5,125		201,208
				1,336,042
Oil, Gas & Consumable Fuels - 3.7%
Amplify Energy Corp.*		2,821		18,449
Ardmore Shipping Corp.		3,195		39,746
Berry Corp.		5,934		50,854
California Resources Corp.		5,589		312,090
Callon Petroleum Co.*		4,767		187,009
Centrus Energy Corp., Class A*		955		45,324
Chord Energy Corp.		3,257		526,007
Civitas Resources, Inc.		5,388		443,001
Clean Energy Fuels Corp.*		13,196		56,215
CNX Resources Corp.*		12,706		283,979
Comstock Resources, Inc.(a)		7,152		87,684
CONSOL Energy, Inc.		2,642		227,318
Crescent Energy Co., Class A(a)		2,975		40,549
CVR Energy, Inc.		2,307		75,439
Delek US Holdings, Inc.		5,176		133,280
Denbury, Inc.*		3,914		358,444
DHT Holdings, Inc.		10,672		98,716
Dorian LPG Ltd.		2,492		64,294
Earthstone Energy, Inc., Class A*		4,444		90,569
Empire Petroleum Corp.*(a)		788		6,887
Encore Energy Corp.*		11,011		28,298
Energy Fuels, Inc.*		12,222		87,143
Enviva, Inc.		2,435		22,402
Equitrans Midstream Corp.		33,992		326,323
Evolution Petroleum Corp.		2,452		20,744
Excelerate Energy, Inc., Class A		1,408		26,189
FLEX LNG Ltd.(a)		2,318		70,189
Gevo, Inc.*		18,184		23,821
Golar LNG Ltd.		7,884		174,236
Granite Ridge Resources, Inc.		2,020		14,948
Green Plains, Inc.*		4,525		140,456
Gulfport Energy Corp.*		782		92,276
Hallador Energy Co.*		1,776		19,074
HighPeak Energy, Inc.(a)		828		12,196
International Seaways, Inc.		3,161		135,828
Kinetik Holdings, Inc., Class A(a)		1,336		46,907
Kosmos Energy Ltd.*		35,523		258,607
Magnolia Oil & Gas Corp., Class A		14,268		325,310
Matador Resources Co.		8,819		560,007
Murphy Oil Corp.		11,567		525,142
NACCO Industries, Inc., Class A		326		10,628
NextDecade Corp.*		2,384		14,471
Nordic American Tankers Ltd.		15,968		62,435
Northern Oil and Gas, Inc.		5,847		244,580
Overseas Shipholding Group, Inc., Class A*		4,488		19,747
Par Pacific Holdings, Inc.*		4,301		147,739
PBF Energy, Inc., Class A		9,056		424,636
Peabody Energy Corp.(a)		9,697		209,261
Permian Resources Corp., Class A		19,782		280,509
PrimeEnergy Resources Corp.*		57		5,529
REX American Resources Corp.*		1,206		47,625
Riley Exploration Permian, Inc.		688		23,041
Ring Energy, Inc.*(a)		9,326		17,626
SandRidge Energy, Inc.		2,483		39,703
Scorpio Tankers, Inc.		4,100		207,091
SFL Corp. Ltd.		8,959		101,237
SilverBow Resources, Inc.*		1,375		58,823
Sitio Royalties Corp.		6,281		159,537
SM Energy Co.		9,342		395,260
Talos Energy, Inc.*		8,700		149,814
Teekay Corp.*		5,186		33,242
Teekay Tankers Ltd., Class A		1,861		75,706
Tellurian, Inc.*(a)		41,473		46,450
Uranium Energy Corp.*(a)		28,622		123,647
VAALCO Energy, Inc.		8,382		34,702
Verde Clean Fuels, Inc.*(a)		333		1,409
Vertex Energy, Inc.*(a)		5,251		22,264
Vital Energy, Inc.*		1,315		79,281

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Vitesse Energy, Inc.		1,950		45,318
W&T Offshore, Inc.*		7,646		31,196
World Kinect Corp.		4,800		105,120
				9,273,577
Paper & Forest Products - 0.1%
Clearwater Paper Corp.*		1,303		49,892
Glatfelter Corp.*		3,441		6,882
Sylvamo Corp.		2,833		118,334
				175,108
Passenger Airlines - 0.3%
Allegiant Travel Co.		1,230		109,273
Blade Air Mobility, Inc.*		4,550		14,515
Frontier Group Holdings, Inc.*		2,963		18,608
Hawaiian Holdings, Inc.*		3,964		34,011
JetBlue Airways Corp.*		25,733		152,339
Joby Aviation, Inc.*(a)		21,685		161,553
SkyWest, Inc.*		3,758		169,486
Spirit Airlines, Inc.		8,537		140,861
Sun Country Airlines Holdings, Inc.*		2,933		43,672
				844,318
Personal Care Products - 0.7%
Beauty Health Co. (The)*		6,363		39,196
BellRing Brands, Inc.*		10,432		432,928
Edgewell Personal Care Co.		3,987		153,739
elf Beauty, Inc.*		3,908		542,079
Herbalife Ltd.*		7,690		115,504
Inter Parfums, Inc.		1,428		199,534
Medifast, Inc.		835		70,424
Nature's Sunshine Products, Inc.*		1,025		17,230
Nu Skin Enterprises, Inc., Class A		3,879		92,669
Thorne HealthTech, Inc.*		1,091		11,052
USANA Health Sciences, Inc.*		884		56,832
Waldencast plc*(a)		1,558		12,262
				1,743,449
Pharmaceuticals - 1.4%
Aclaris Therapeutics, Inc.*		5,401		40,400
Amneal Pharmaceuticals, Inc.*		9,479		38,769
Amphastar Pharmaceuticals, Inc.*		2,955		157,531
Amylyx Pharmaceuticals, Inc.*		3,950		85,162
ANI Pharmaceuticals, Inc.*		1,003		64,583
Arvinas, Inc.*		3,819		107,734
Assertio Holdings, Inc.*		7,062		23,163
Atea Pharmaceuticals, Inc.*		5,960		20,026
Axsome Therapeutics, Inc.*(a)		2,558		206,686
Biote Corp., Class A*		1,089		5,380
Bright Green Corp.*(a)		4,690		2,191
Cara Therapeutics, Inc.*		3,636		9,345
Cassava Sciences, Inc.*(a)		3,092		64,839
Citius Pharmaceuticals, Inc.*(a)		9,556		8,717
Collegium Pharmaceutical, Inc.*		2,696		63,140
Corcept Therapeutics, Inc.*		6,241		204,268
CorMedix, Inc.*(a)		3,468		14,115
Cymabay Therapeutics, Inc.*		7,627		104,871
Edgewise Therapeutics, Inc.*		3,326		20,788
Enliven Therapeutics, Inc.*		1,815		28,350
Evolus, Inc.*		3,220		31,846
Eyenovia, Inc.*		2,162		4,086
EyePoint Pharmaceuticals, Inc.*		2,036		20,177
Harmony Biosciences Holdings, Inc.*		2,565		92,981
Harrow Health, Inc.*		2,022		30,674
Ikena Oncology, Inc.*		1,652		7,665
Innoviva, Inc.*		4,823		61,493
Intra-Cellular Therapies, Inc.*		7,286		404,519
Ligand Pharmaceuticals, Inc.*		1,297		85,304
Liquidia Corp.*		3,691		25,357
Longboard Pharmaceuticals, Inc.*		1,211		7,012
Marinus Pharmaceuticals, Inc.*(a)		3,875		27,551
NGM Biopharmaceuticals, Inc.*		3,388		6,403
Nuvation Bio, Inc.*		11,327		18,576
Ocular Therapeutix, Inc.*		6,068		22,937
Omeros Corp.*(a)		4,733		16,376
Optinose, Inc.*		5,669		6,746
Pacira BioSciences, Inc.*		3,542		125,033
Phathom Pharmaceuticals, Inc.*		1,914		27,542
Phibro Animal Health Corp., Class A		1,591		22,194
Pliant Therapeutics, Inc.*		4,393		74,154
Prestige Consumer Healthcare, Inc.*		3,876		226,087
Rain Oncology, Inc.*		1,320		1,386
Reata Pharmaceuticals, Inc., Class A*		2,222		375,518
Revance Therapeutics, Inc.*		6,488		114,383
Scilex Holding Co.*		4,873		13,986
scPharmaceuticals, Inc.*(a)		2,245		17,242
SIGA Technologies, Inc.		3,583		16,446
Supernus Pharmaceuticals, Inc.*		3,822		121,692
Taro Pharmaceutical Industries Ltd.*		636		25,198
Tarsus Pharmaceuticals, Inc.*		1,833		32,096
Terns Pharmaceuticals, Inc.*(a)		3,332		17,560
Theravance Biopharma, Inc.*		4,797		45,667
Theseus Pharmaceuticals, Inc.*		1,574		4,942
Third Harmonic Bio, Inc.*		1,514		9,190
Trevi Therapeutics, Inc.*		3,236		7,152
Ventyx Biosciences, Inc.*		3,639		121,907
Verrica Pharmaceuticals, Inc.*(a)		1,623		7,385
WaVe Life Sciences Ltd.*		4,597		19,997
Xeris Biopharma Holdings, Inc.*		10,346		23,485
Zevra Therapeutics, Inc.*(a)		2,697		13,674
				3,603,677
Professional Services - 1.8%
Alight, Inc., Class A*		30,979		236,680
ASGN, Inc.*		3,751		308,182
Asure Software, Inc.*		1,472		18,459
Barrett Business Services, Inc.		521		49,849
BlackSky Technology, Inc.*		9,193		12,503
CBIZ, Inc.*		3,730		209,290
Conduent, Inc.*		13,385		42,029
CRA International, Inc.		529		57,465
CSG Systems International, Inc.		2,426		131,756
ExlService Holdings, Inc.*		12,585		367,860
Exponent, Inc.		3,941		354,138
First Advantage Corp.		4,254		59,343
FiscalNote Holdings, Inc.*		4,841		10,699
Forrester Research, Inc.*		914		27,996
Franklin Covey Co.*		948		40,451
Heidrick & Struggles International, Inc.		1,542		40,848
HireQuest, Inc.		417		7,931
HireRight Holdings Corp.*		1,166		12,208
Huron Consulting Group, Inc.*		1,482		148,126
IBEX Holdings Ltd.*		850		16,626
ICF International, Inc.		1,457		196,782
Innodata, Inc.*(a)		1,961		25,493

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Insperity, Inc.		2,837		287,473
Kelly Services, Inc., Class A		2,566		47,445
Kforce, Inc.		1,508		94,476
Korn Ferry		4,060		206,979
Legalzoom.com, Inc.*		8,101		92,432
Maximus, Inc.		4,734		382,602
Mistras Group, Inc.*		1,620		8,651
NV5 Global, Inc.*		1,057		107,581
Planet Labs PBC*		14,842		48,237
Resources Connection, Inc.		2,523		39,132
Skillsoft Corp.*		6,227		8,157
Sterling Check Corp.*		1,843		25,691
TriNet Group, Inc.*(a)		2,931		325,136
TrueBlue, Inc.*		2,366		35,798
TTEC Holdings, Inc.		1,512		44,997
Upwork, Inc.*		9,628		142,591
Verra Mobility Corp., Class A*		10,863		193,253
Willdan Group, Inc.*		948		22,885
				4,488,230
Real Estate Management & Development - 0.6%
American Realty Investors, Inc.*		116		2,314
Anywhere Real Estate, Inc.*		8,388		55,025
Compass, Inc., Class A*		23,234		83,642
Cushman & Wakefield plc*		12,924		118,772
DigitalBridge Group, Inc.		12,590		219,318
Douglas Elliman, Inc.		6,304		15,823
eXp World Holdings, Inc.		5,384		103,481
Forestar Group, Inc.*		1,426		40,655
FRP Holdings, Inc.*		513		29,226
Kennedy-Wilson Holdings, Inc.		9,313		148,729
Marcus & Millichap, Inc.		1,879		62,571
Maui Land & Pineapple Co., Inc.*		586		8,075
Newmark Group, Inc., Class A		10,471		74,239
Opendoor Technologies, Inc.*		42,461		165,598
RE/MAX Holdings, Inc., Class A		1,359		22,016
Redfin Corp.*		8,272		78,749
RMR Group, Inc. (The), Class A		1,198		30,285
St Joe Co. (The)		2,680		165,463
Stratus Properties, Inc.		438		12,102
Tejon Ranch Co.*		1,630		27,188
Transcontinental Realty Investors, Inc.*		147		5,047
				1,468,318
Residential REITs - 0.3%
Apartment Investment and Management Co., Class A, REIT		11,541		87,827
BRT Apartments Corp., REIT		927		17,289
Centerspace, REIT		1,177		76,199
Clipper Realty, Inc., REIT		995		6,119
Elme Communities, REIT		6,839		105,184
Independence Realty Trust, Inc., REIT		17,560		295,535
NexPoint Residential Trust, Inc., REIT		1,773		66,576
UMH Properties, Inc., REIT		4,280		63,986
Veris Residential, Inc., REIT*		6,156		114,563
				833,278
Retail REITs - 0.9%
Acadia Realty Trust, REIT		7,272		108,280
Alexander's, Inc., REIT		167		32,022
CBL & Associates Properties, Inc., REIT(a)		2,093		44,769
Getty Realty Corp., REIT		3,488		104,710
InvenTrust Properties Corp., REIT		5,290		126,484
Kite Realty Group Trust, REIT		16,944		382,426
Macerich Co. (The), REIT		16,819		196,614
Necessity Retail REIT, Inc. (The), Class A, REIT		10,464		78,480
NETSTREIT Corp., REIT		4,768		80,722
Phillips Edison & Co., Inc., REIT		9,182		310,903
Retail Opportunity Investments Corp., REIT		9,579		128,933
RPT Realty, REIT		6,687		75,831
Saul Centers, Inc., REIT		907		34,067
SITE Centers Corp., REIT		14,833		198,021
Tanger Factory Outlet Centers, Inc., REIT		7,953		184,907
Urban Edge Properties, REIT		8,941		146,275
Whitestone REIT, REIT		3,784		37,840
				2,271,284
Semiconductors & Semiconductor Equipment - 2.3%
ACM Research, Inc., Class A*		3,743		65,727
Aehr Test Systems*		2,012		102,632
Alpha & Omega Semiconductor Ltd.*		1,804		56,916
Ambarella, Inc.*		2,841		176,568
Amkor Technology, Inc.		7,973		222,925
Atomera, Inc.*(a)		1,648		10,481
Axcelis Technologies, Inc.*		2,537		487,485
CEVA, Inc.*		1,808		41,982
Cohu, Inc.*		3,633		135,838
Credo Technology Group Holding Ltd.*		7,591		124,948
Diodes, Inc.*		3,515		287,703
FormFactor, Inc.*		6,004		212,061
Ichor Holdings Ltd.*		2,219		81,282
Impinj, Inc.*		1,789		119,094
indie Semiconductor, Inc., Class A*		10,718		71,811
inTEST Corp.*		834		14,612
Kulicke & Soffa Industries, Inc.		4,318		223,370
MACOM Technology Solutions Holdings, Inc.*		4,231		357,773
Maxeon Solar Technologies Ltd.*(a)		1,962		30,921
MaxLinear, Inc., Class A*		5,803		136,371
Navitas Semiconductor Corp., Class A*		7,939		70,101
NVE Corp.		371		32,815
Onto Innovation, Inc.*		3,812		529,792
PDF Solutions, Inc.*		2,383		86,598
Photronics, Inc.*		4,750		112,860
Power Integrations, Inc.		4,421		371,452
Rambus, Inc.*		8,486		479,204
Semtech Corp.*		4,975		130,096
Silicon Laboratories, Inc.*		2,471		333,239
SiTime Corp.*		1,337		177,407
SkyWater Technology, Inc.*		1,369		9,172
SMART Global Holdings, Inc.*		3,760		97,121
Synaptics, Inc.*		3,071		268,835
Transphorm, Inc.*		2,102		5,738
Ultra Clean Holdings, Inc.*		3,461		121,689
Veeco Instruments, Inc.*		3,956		115,476
				5,902,095
Software - 4.1%
8x8, Inc.*		8,805		28,616
A10 Networks, Inc.		5,495		81,821
ACI Worldwide, Inc.*		8,442		204,972

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Adeia, Inc.		8,325		83,750
Agilysys, Inc.*		1,560		110,050
Alarm.com Holdings, Inc.*		3,728		218,349
Alkami Technology, Inc.*		3,073		53,532
Altair Engineering, Inc., Class A*		4,180		277,886
American Software, Inc., Class A		2,483		28,629
Amplitude, Inc., Class A*		5,267		61,519
Appfolio, Inc., Class A*		1,494		287,998
Appian Corp., Class A*		3,193		155,499
Applied Digital Corp.*		5,306		32,048
Asana, Inc., Class A*		6,183		132,873
Aurora Innovation, Inc.*		23,652		74,977
AvePoint, Inc.*		11,927		82,773
Bit Digital, Inc.*(a)		5,622		13,212
Blackbaud, Inc.*		3,389		257,937
BlackLine, Inc.*		4,386		263,423
Box, Inc., Class A*		10,970		290,486
Braze, Inc., Class A*		2,686		124,254
C3.ai, Inc., Class A*(a)		4,563		141,544
Cerence, Inc.*		3,138		81,902
Cipher Mining, Inc.*(a)		3,235		10,320
Cleanspark, Inc.*		5,952		29,343
Clear Secure, Inc., Class A		6,486		141,006
CommVault Systems, Inc.*		3,475		237,377
Consensus Cloud Solutions, Inc.*		1,544		49,300
CoreCard Corp.*		563		11,958
Couchbase, Inc.*		2,645		45,230
CS Disco, Inc.*		1,757		16,692
CXApp, Inc.*		152		603
Digimarc Corp.*(a)		1,106		36,210
Digital Turbine, Inc.*		7,365		65,622
Domo, Inc., Class B*		2,384		25,413
E2open Parent Holdings, Inc.*		15,518		74,952
Ebix, Inc.(a)		2,054		34,302
eGain Corp.*		1,662		11,069
Enfusion, Inc., Class A*		1,987		16,969
EngageSmart, Inc.*		3,780		66,944
Envestnet, Inc.*		3,898		212,948
Everbridge, Inc.*		3,165		78,524
EverCommerce, Inc.*		1,815		19,185
Expensify, Inc., Class A*		4,295		18,426
Freshworks, Inc., Class A*		12,607		275,715
Instructure Holdings, Inc.*		1,518		39,331
Intapp, Inc.*		1,217		44,554
InterDigital, Inc.		2,108		182,785
Jamf Holding Corp.*		5,436		91,651
Kaltura, Inc.*		6,454		12,198
LivePerson, Inc.*		4,937		20,735
LiveRamp Holdings, Inc.*		4,963		160,503
LiveVox Holdings, Inc.*		1,733		5,580
Marathon Digital Holdings, Inc.*(a)		13,097		164,629
Matterport, Inc.*		19,512		52,292
MeridianLink, Inc.*(a)		2,043		36,182
MicroStrategy, Inc., Class A*(a)		860		307,476
Mitek Systems, Inc.*		3,319		37,073
Model N, Inc.*		2,903		78,381
N-able, Inc.*		5,441		72,746
NextNav, Inc.*(a)		4,209		18,183
Olo, Inc., Class A*		8,045		51,890
ON24, Inc.		2,542		17,438
OneSpan, Inc.*		3,118		38,195
PagerDuty, Inc.*		6,637		170,969
PowerSchool Holdings, Inc., Class A*		4,361		96,465
Progress Software Corp.		3,387		206,065
PROS Holdings, Inc.*		3,478		124,721
Q2 Holdings, Inc.*		4,429		152,402
Qualys, Inc.*		2,895		450,607
Rapid7, Inc.*		4,668		235,221
Red Violet, Inc.*(a)		866		17,805
Rimini Street, Inc.*		3,795		9,184
Riot Platforms, Inc.*(a)		12,439		141,183
Sapiens International Corp. NV		2,391		71,467
SEMrush Holdings, Inc., Class A*		2,437		23,030
SolarWinds Corp.*		3,963		42,206
SoundHound AI, Inc.*(a)		10,887		27,435
SoundThinking, Inc.*		696		14,936
Sprinklr, Inc., Class A*		6,769		102,415
Sprout Social, Inc., Class A*		3,718		199,062
SPS Commerce, Inc.*		2,856		531,587
Tenable Holdings, Inc.*		8,885		403,112
Terawulf, Inc.*(a)		3,916		8,184
Varonis Systems, Inc., Class B*		8,458		270,064
Verint Systems, Inc.*		4,922		159,424
Veritone, Inc.*(a)		2,036		6,251
Viant Technology, Inc., Class A*		1,119		7,016
Weave Communications, Inc.*		2,553		26,066
Workiva, Inc., Class A*		3,805		425,589
Xperi, Inc.*		3,283		38,739
Yext, Inc.*		8,326		72,936
Zeta Global Holdings Corp., Class A*		10,441		84,885
Zuora, Inc., Class A*		9,624		87,675
				10,204,681
Specialized REITs - 0.3%
Farmland Partners, Inc., REIT(a)		3,934		43,667
Four Corners Property Trust, Inc., REIT		6,744		169,679
Gladstone Land Corp., REIT		2,608		41,024
Outfront Media, Inc., REIT		11,483		130,332
PotlatchDeltic Corp., REIT		6,157		290,980
Safehold, Inc., REIT		2,317		49,306
Uniti Group, Inc., REIT		18,536		99,538
				824,526
Specialty Retail - 1.9%
1-800-Flowers.com, Inc., Class A*		2,025		15,248
Aaron's Co., Inc. (The)		2,458		29,668
Abercrombie & Fitch Co., Class A*		3,799		204,196
Academy Sports & Outdoors, Inc.		5,811		317,106
American Eagle Outfitters, Inc.		14,220		241,171
America's Car-Mart, Inc.*		455		50,646
Arko Corp.		6,409		48,260
Asbury Automotive Group, Inc.*		1,687		388,010
BARK, Inc.*		8,513		13,621
Big 5 Sporting Goods Corp.(a)		1,673		13,267
Boot Barn Holdings, Inc.*		2,315		212,401
Buckle, Inc. (The)		2,376		86,819
Build-A-Bear Workshop, Inc.		1,034		27,267
Caleres, Inc.		2,699		77,380
Camping World Holdings, Inc., Class A		3,253		80,447
CarParts.com, Inc.*		4,130		19,948
Carvana Co.*		7,466		375,913
Cato Corp. (The), Class A		1,354		10,493
Chico's FAS, Inc.*		9,482		48,643
Children's Place, Inc. (The)*		927		24,575
Designer Brands, Inc., Class A		3,840		40,358
Destination XL Group, Inc.*		4,532		20,666

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Duluth Holdings, Inc., Class B*		1,052		6,685
Envela Corp.*		590		3,009
EVgo, Inc., Class A*		5,577		22,420
Foot Locker, Inc.		6,390		125,372
Genesco, Inc.*		939		32,189
Group 1 Automotive, Inc.		1,084		286,631
GrowGeneration Corp.*		4,575		14,869
Guess?, Inc.(a)		2,239		53,870
Haverty Furniture Cos., Inc.		1,138		35,619
Hibbett, Inc.		978		45,291
J Jill, Inc.*		354		8,889
Lands' End, Inc.*		1,167		8,986
Lazydays Holdings, Inc.*(a)		985		11,603
Leslie's, Inc.*		13,820		86,513
MarineMax, Inc.*		1,662		55,295
Monro, Inc.		2,425		79,395
National Vision Holdings, Inc.*		6,043		110,647
ODP Corp. (The)*		2,667		131,536
OneWater Marine, Inc., Class A*		898		23,447
Overstock.com, Inc.*		3,509		91,620
PetMed Express, Inc.		1,598		18,009
Rent the Runway, Inc., Class A*(a)		3,739		5,160
Revolve Group, Inc., Class A*		3,193		46,777
Sally Beauty Holdings, Inc.*		8,351		84,846
Shoe Carnival, Inc.		1,305		30,185
Signet Jewelers Ltd.		3,468		260,100
Sleep Number Corp.*		1,662		42,514
Sonic Automotive, Inc., Class A		1,221		65,104
Sportsman's Warehouse Holdings, Inc.*		2,944		14,161
Stitch Fix, Inc., Class A*		6,561		28,803
ThredUp, Inc., Class A*		5,583		22,220
Tile Shop Holdings, Inc.*		2,241		13,267
Tilly's, Inc., Class A*		1,741		15,652
Torrid Holdings, Inc.*(a)		939		2,122
Upbound Group, Inc.		4,288		131,299
Urban Outfitters, Inc.*		4,966		164,921
Warby Parker, Inc., Class A*		6,594		79,194
Winmark Corp.		222		84,478
Zumiez, Inc.*		1,239		23,529
				4,712,330
Technology Hardware, Storage & Peripherals - 0.6%
Avid Technology, Inc.*		2,647		70,569
CompoSecure, Inc.*(a)		1,279		8,032
Corsair Gaming, Inc.*		2,875		45,195
CPI Card Group, Inc.*		331		6,842
Eastman Kodak Co.*(a)		4,434		19,820
Immersion Corp.		2,434		17,087
Intevac, Inc.*		1,985		6,888
IonQ, Inc.*		12,507		214,995
Super Micro Computer, Inc.*		3,610		993,039
Turtle Beach Corp.*		1,217		13,229
Xerox Holdings Corp.		8,932		141,929
				1,537,625
Textiles, Apparel & Luxury Goods - 0.4%
Allbirds, Inc., Class A*		7,393		9,537
Figs, Inc., Class A*		9,943		61,448
Fossil Group, Inc.*		3,703		7,850
G-III Apparel Group Ltd.*		3,278		65,068
Hanesbrands, Inc.		27,386		143,777
Kontoor Brands, Inc.		4,330		198,271
Movado Group, Inc.		1,192		32,601
Oxford Industries, Inc.		1,165		117,653
Rocky Brands, Inc.		543		9,649
Steven Madden Ltd.		5,858		202,101
Vera Bradley, Inc.*		2,040		14,627
Wolverine World Wide, Inc.		6,045		48,844
				911,426
Tobacco - 0.1%
Ispire Technology, Inc.*		212		2,109
Turning Point Brands, Inc.		1,332		32,794
Universal Corp.		1,876		89,335
Vector Group Ltd.		11,311		121,141
				245,379
Trading Companies & Distributors - 1.6%
Alta Equipment Group, Inc.		1,479		21,046
Applied Industrial Technologies, Inc.		3,004		463,727
Beacon Roofing Supply, Inc.*		4,191		334,651
BlueLinx Holdings, Inc.*		680		60,697
Boise Cascade Co.		3,091		338,063
Custom Truck One Source, Inc.*		4,412		29,604
Distribution Solutions Group, Inc.*		353		18,190
DXP Enterprises, Inc.*		1,122		39,909
EVI Industries, Inc.*		369		9,749
FTAI Aviation Ltd.		7,747		286,329
GATX Corp.		2,764		326,539
Global Industrial Co.		1,020		34,517
GMS, Inc.*		3,235		224,315
H&E Equipment Services, Inc.		2,502		113,391
Herc Holdings, Inc.		2,200		286,308
Hudson Technologies, Inc.*		3,410		41,125
Karat Packaging, Inc.		444		11,056
McGrath RentCorp		1,921		194,213
MRC Global, Inc.*		6,528		60,841
NOW, Inc.*		8,539		95,381
Rush Enterprises, Inc., Class A		4,847		200,693
Rush Enterprises, Inc., Class B		728		33,443
Textainer Group Holdings Ltd.		3,360		133,157
Titan Machinery, Inc.*		1,601		49,663
Transcat, Inc.*		575		58,627
Triton International Ltd.		4,248		356,450
Veritiv Corp.		1,020		171,697
Willis Lease Finance Corp.*		221		9,421
Xometry, Inc., Class A*(a)		2,641		50,311
				4,053,113
Water Utilities - 0.4%
American States Water Co.		2,884		242,862
Artesian Resources Corp., Class A		654		30,189
Cadiz, Inc.*(a)		3,153		12,643
California Water Service Group		4,365		219,341
Consolidated Water Co. Ltd., Class D		1,170		31,169
Global Water Resources, Inc.		883		9,845
Middlesex Water Co.		1,363		102,579
Pure Cycle Corp.*		1,521		16,716
SJW Group		2,412		158,613
York Water Co. (The)		1,109		45,181
				869,138
Wireless Telecommunication Services - 0.1%
Gogo, Inc.*		5,158		58,543
Shenandoah Telecommunications Co.		3,780		85,957
Spok Holdings, Inc.		1,382		19,680
Telephone and Data Systems, Inc.		7,699		165,452

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
Tingo Group, Inc.*(a)		9,496		12,250
				341,882
TOTAL COMMON STOCKS (Cost $206,704,275)				185,626,037

Investments	Number of Rights	Value ($)
RIGHTS - 0.0%(c)
Biotechnology - 0.0%
Aduro Biotech, Inc., CVR*(d)(e)	899	—
Chinook Therape, CVR*(d)(e)	4,511	—
Oncternal Therapeutics, Inc., CVR*(d)(e)	23	—
Tobira Therapeutics, Inc., CVR*(d)(e)	218	—
		—
Food Products - 0.0%(c)
Contraf-Nicotex-Tobacco GmbH, CVR*(d)(e)	1,074	537
TOTAL RIGHTS (Cost $2,244)		537
SECURITIES LENDING REINVESTMENTS(f) - 1.8%
INVESTMENT COMPANIES - 1.8%
Invesco Government & Agency Portfolio, Institutional Class 5.25% (Cost $4,623,753)	4,623,753	4,623,753

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 4.3%
REPURCHASE AGREEMENTS(g) - 4.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $10,863,828
(Cost $10,862,235)	10,862,235	10,862,235
Total Investments - 79.8% (Cost $222,192,507)		201,112,562
Other assets less liabilities - 20.2%		50,897,330
Net Assets - 100.0%		252,009,892

*	Non-income producing security.
(a)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $5,263,716, collateralized in the form of cash with a value of $4,623,889 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $918,333 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 7.63%, and maturity dates ranging from September 7, 2023 – May 15, 2053. The total value of collateral is $5,542,222.
(b)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(c)	Represents less than 0.05% of net assets.
(d)	Security fair valued as of August 31, 2023 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2023 amounted to $537, which represents approximately 0.00% of net assets of the Fund.
(e)	Illiquid security.
(f)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $4,623,753.
(g)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration
REIT	Real Estate Investment Trust

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Purchased

UltraPro Russell2000 had the following open long futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	56	9/15/2023	U.S. Dollar	$	5,324,480	$	126,428

Swap Agreements

UltraPro Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	80,774,393	3/6/2025	Bank of America NA		5.48	%	Russell 2000® Index		2,700,436
	36,604,934	11/6/2023	Barclays Capital		5.83	%	Russell 2000® Index		(3,489,258	)
	84,613,647	2/11/2025	BNP Paribas SA		5.48	%	Russell 2000® Index		2,666,919
	65,525,662	11/6/2023	Citibank NA		5.62	%	Russell 2000® Index		4,266,102
	39,936,973	3/6/2025	Goldman Sachs International		5.73	%	Russell 2000® Index		1,816,579
	56,671,254	11/6/2023	Morgan Stanley & Co. International plc		5.78	%	Russell 2000® Index		(13,916,484	)
	87,748,119	4/8/2024	Societe Generale		5.88	%	Russell 2000® Index		(845,887	)
	113,289,316	11/7/2024	UBS AG		5.33	%	Russell 2000® Index		4,869,600
	565,164,298								(1,931,993	)
							Total Unrealized Appreciation		16,319,636
							Total Unrealized Depreciation		(18,251,629	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS - 68.5%
Aerospace & Defense - 1.1%
Axon Enterprise, Inc.*		3,488		742,630
Boeing Co. (The)*		28,071		6,288,746
General Dynamics Corp.		11,160		2,529,302
Howmet Aerospace, Inc.		18,259		903,273
Huntington Ingalls Industries, Inc.		1,989		438,216
L3Harris Technologies, Inc.		9,406		1,675,115
Lockheed Martin Corp.		11,182		5,013,450
Northrop Grumman Corp.		7,080		3,066,277
RTX Corp.		72,520		6,239,621
Textron, Inc.		10,017		778,421
TransDigm Group, Inc.*		2,593		2,343,683
				30,018,734
Air Freight & Logistics - 0.4%
CH Robinson Worldwide, Inc.		5,781		522,776
Expeditors International of Washington, Inc.		7,591		885,945
FedEx Corp.		11,481		2,996,771
United Parcel Service, Inc., Class B		35,971		6,093,487
				10,498,979
Automobile Components - 0.1%
Aptiv plc*		13,428		1,362,271
BorgWarner, Inc.		11,639		474,289
				1,836,560
Automobiles - 1.4%
Ford Motor Co.		195,077		2,366,284
General Motors Co.		69,009		2,312,492
Tesla, Inc.*		133,726		34,512,006
				39,190,782
Banks - 2.0%
Bank of America Corp.		344,147		9,866,695
Citigroup, Inc.		96,628		3,989,770
Citizens Financial Group, Inc.		24,026		675,851
Comerica, Inc.		6,535		314,399
Fifth Third Bancorp		33,791		897,151
Huntington Bancshares, Inc.		71,660		794,709
JPMorgan Chase & Co.		145,053		21,225,605
KeyCorp		46,425		525,995
M&T Bank Corp.		8,236		1,029,912
PNC Financial Services Group, Inc. (The)		19,810		2,391,661
Regions Financial Corp.		46,571		854,112
Truist Financial Corp.		66,109		2,019,630
US Bancorp		69,235		2,529,155
Wells Fargo & Co.		186,252		7,690,345
Zions Bancorp NA		7,351		260,961
				55,065,951
Beverages - 1.1%
Brown-Forman Corp., Class B		9,082		600,592
Coca-Cola Co. (The)		193,196		11,558,917
Constellation Brands, Inc., Class A		8,000		2,084,480
Keurig Dr Pepper, Inc.		41,807		1,406,805
Molson Coors Beverage Co., Class B		9,320		591,727
Monster Beverage Corp.*		37,931		2,177,619
PepsiCo, Inc.		68,377		12,165,636
				30,585,776
Biotechnology - 1.4%
AbbVie, Inc.		87,578		12,870,463
Amgen, Inc.		26,525		6,799,418
Biogen, Inc.*		7,181		1,919,912
Gilead Sciences, Inc.		61,909		4,734,800
Incyte Corp.*		9,197		593,482
Moderna, Inc.*		16,273		1,839,988
Regeneron Pharmaceuticals, Inc.*		5,348		4,420,069
Vertex Pharmaceuticals, Inc.*		12,778		4,451,089
				37,629,221
Broadline Retail - 2.3%
Amazon.com, Inc.*		443,095		61,151,541
eBay, Inc.		26,546		1,188,730
Etsy, Inc.*		6,125		450,616
				62,790,887
Building Products - 0.3%
A O Smith Corp.		6,174		447,615
Allegion plc		4,373		497,691
Carrier Global Corp.		41,436		2,380,498
Johnson Controls International plc		34,053		2,011,170
Masco Corp.		11,167		658,965
Trane Technologies plc		11,319		2,323,338
				8,319,277
Capital Markets - 1.8%
Ameriprise Financial, Inc.		5,179		1,748,327
Bank of New York Mellon Corp. (The)		35,641		1,599,212
BlackRock, Inc.		7,437		5,209,916
Cboe Global Markets, Inc.		5,249		785,828
Charles Schwab Corp. (The)		73,769		4,363,436
CME Group, Inc.		17,854		3,618,649
FactSet Research Systems, Inc.		1,908		832,670
Franklin Resources, Inc.		14,170		378,906
Goldman Sachs Group, Inc. (The)		16,506		5,409,181
Intercontinental Exchange, Inc.		27,793		3,279,296
Invesco Ltd.		22,740		362,021
MarketAxess Holdings, Inc.		1,875		451,744
Moody's Corp.		7,826		2,635,797
Morgan Stanley		64,662		5,505,969
MSCI, Inc., Class A		3,972		2,159,259
Nasdaq, Inc.		16,803		881,821
Northern Trust Corp.		10,335		786,183
Raymond James Financial, Inc.		9,459		989,317
S&P Global, Inc.		16,281		6,363,592
State Street Corp.		16,590		1,140,396
T. Rowe Price Group, Inc.		11,141		1,250,354
				49,751,874
Chemicals - 1.2%
Air Products and Chemicals, Inc.		11,028		3,258,664
Albemarle Corp.		5,828		1,158,082
Celanese Corp.		4,969		627,883
CF Industries Holdings, Inc.		9,672		745,421
Corteva, Inc.		35,283		1,782,144
Dow, Inc.		35,111		1,915,656
DuPont de Nemours, Inc.		22,783		1,751,785
Eastman Chemical Co.		5,920		503,259
Ecolab, Inc.		12,298		2,260,495
FMC Corp.		6,199		534,540
International Flavors & Fragrances, Inc.		12,664		892,179
Linde plc		24,299		9,404,685
LyondellBasell Industries NV, Class A		12,594		1,243,909
Mosaic Co. (The)		16,489		640,598
PPG Industries, Inc.		11,692		1,657,458

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Sherwin-Williams Co. (The)		11,655		3,166,897
				31,543,655
Commercial Services & Supplies - 0.3%
Cintas Corp.		4,297		2,166,418
Copart, Inc.*		42,588		1,909,220
Republic Services, Inc.		10,206		1,470,991
Rollins, Inc.		11,499		455,015
Waste Management, Inc.		18,379		2,881,460
				8,883,104
Communications Equipment - 0.6%
Arista Networks, Inc.*		12,399		2,420,657
Cisco Systems, Inc.		203,307		11,659,657
F5, Inc.*		2,996		490,325
Juniper Networks, Inc.		15,967		464,959
Motorola Solutions, Inc.		8,330		2,362,138
				17,397,736
Construction & Engineering - 0.1%
Quanta Services, Inc.		7,203		1,511,694
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		3,072		1,371,372
Vulcan Materials Co.		6,608		1,442,196
				2,813,568
Consumer Finance - 0.3%
American Express Co.		29,511		4,662,443
Capital One Financial Corp.		18,956		1,940,905
Discover Financial Services		12,606		1,135,422
Synchrony Financial		21,275		686,757
				8,425,527
Consumer Staples Distribution & Retail - 1.2%
Costco Wholesale Corp.		22,013		12,091,301
Dollar General Corp.		10,883		1,507,295
Dollar Tree, Inc.*		10,314		1,262,021
Kroger Co. (The)		32,413		1,503,639
Sysco Corp.		25,148		1,751,558
Target Corp.		22,914		2,899,767
Walgreens Boots Alliance, Inc.		35,551		899,796
Walmart, Inc.		69,625		11,321,721
				33,237,098
Containers & Packaging - 0.2%
Amcor plc		73,044		711,448
Avery Dennison Corp.		4,005		754,462
Ball Corp.		15,616		850,291
International Paper Co.		17,230		601,672
Packaging Corp. of America		4,466		665,881
Sealed Air Corp.		7,163		265,461
Westrock Co.		12,706		415,613
				4,264,828
Distributors - 0.1%
Genuine Parts Co.		6,967		1,071,037
LKQ Corp.		12,605		662,141
Pool Corp.		1,944		710,726
				2,443,904
Diversified Telecommunication Services - 0.5%
AT&T, Inc.		354,864		5,248,439
Verizon Communications, Inc.		208,676		7,299,486
				12,547,925
Electric Utilities - 1.1%
Alliant Energy Corp.		12,484		626,322
American Electric Power Co., Inc.		25,552		2,003,277
Constellation Energy Corp.		16,099		1,676,872
Duke Energy Corp.		38,252		3,396,778
Edison International		19,008		1,308,701
Entergy Corp.		10,495		999,649
Evergy, Inc.		11,401		626,713
Eversource Energy		17,320		1,105,362
Exelon Corp.		49,373		1,980,845
FirstEnergy Corp.		27,016		974,467
NextEra Energy, Inc.		100,436		6,709,125
NRG Energy, Inc.		11,429		429,159
PG&E Corp.*		80,245		1,307,993
Pinnacle West Capital Corp.		5,619		434,180
PPL Corp.		36,585		911,698
Southern Co. (The)		54,126		3,665,954
Xcel Energy, Inc.		27,320		1,560,792
				29,717,887
Electrical Equipment - 0.4%
AMETEK, Inc.		11,442		1,825,114
Eaton Corp. plc		19,790		4,559,022
Emerson Electric Co.		28,366		2,786,960
Generac Holdings, Inc.*		3,083		366,291
Rockwell Automation, Inc.		5,701		1,779,168
				11,316,555
Electronic Equipment, Instruments & Components - 0.4%
Amphenol Corp., Class A		29,548		2,611,452
CDW Corp.		6,695		1,413,649
Corning, Inc.		37,983		1,246,602
Keysight Technologies, Inc.*		8,839		1,178,239
TE Connectivity Ltd.		15,645		2,071,241
Teledyne Technologies, Inc.*		2,333		975,894
Trimble, Inc.*		12,300		673,917
Zebra Technologies Corp., Class A*		2,555		702,651
				10,873,645
Energy Equipment & Services - 0.3%
Baker Hughes Co., Class A		50,257		1,818,801
Halliburton Co.		44,783		1,729,519
Schlumberger NV		70,751		4,171,479
				7,719,799
Entertainment - 0.9%
Activision Blizzard, Inc.		35,515		3,267,025
Electronic Arts, Inc.		12,930		1,551,341
Live Nation Entertainment, Inc.*		7,139		603,460
Netflix, Inc.*		22,067		9,570,017
Take-Two Interactive Software, Inc.*		7,864		1,118,261
Walt Disney Co. (The)*		90,703		7,590,027
Warner Bros Discovery, Inc.*		110,046		1,446,004
				25,146,135
Financial Services - 3.0%
Berkshire Hathaway, Inc., Class B*		88,516		31,883,463
Fidelity National Information Services, Inc.		29,410		1,642,843
Fiserv, Inc.*		30,645		3,719,996
FleetCor Technologies, Inc.*		3,667		996,434
Global Payments, Inc.		13,003		1,647,350
Jack Henry & Associates, Inc.		3,626		568,484
Mastercard, Inc., Class A		41,534		17,138,590
PayPal Holdings, Inc.*		55,364		3,460,804
Visa, Inc., Class A		80,328		19,734,983
				80,792,947
Food Products - 0.7%
Archer-Daniels-Midland Co.		27,039		2,144,193
Bunge Ltd.		7,479		854,999
Campbell Soup Co.		9,964		415,499
Conagra Brands, Inc.		23,673		707,349

UltraPro S&P500^®
Schedule of Portfolio Investments

August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
General Mills, Inc.		29,152		1,972,424
Hershey Co. (The)		7,310		1,570,627
Hormel Foods Corp.		14,373		554,654
J M Smucker Co. (The)		5,295		767,510
Kellogg Co.		12,753		778,188
Kraft Heinz Co. (The)		39,600		1,310,364
Lamb Weston Holdings, Inc.		7,230		704,274
McCormick & Co., Inc. (Non-Voting)		12,456		1,022,388
Mondelez International, Inc., Class A		67,591		4,816,535
Tyson Foods, Inc., Class A		14,176		755,156
				18,374,160
Gas Utilities - 0.0%(a)
Atmos Energy Corp.		7,168		831,130
Ground Transportation - 0.5%
CSX Corp.		100,918		3,047,724
JB Hunt Transport Services, Inc.		4,116		773,314
Norfolk Southern Corp.		11,298		2,316,203
Old Dominion Freight Line, Inc.		4,465		1,908,207
Union Pacific Corp.		30,267		6,675,992
				14,721,440
Health Care Equipment & Supplies - 1.8%
Abbott Laboratories		86,320		8,882,328
Align Technology, Inc.*		3,540		1,310,296
Baxter International, Inc.		25,099		1,019,019
Becton Dickinson & Co.		14,103		3,941,083
Boston Scientific Corp.*		71,368		3,849,590
Cooper Cos., Inc. (The)		2,455		908,325
DENTSPLY SIRONA, Inc.		10,547		391,188
Dexcom, Inc.*		19,246		1,943,461
Edwards Lifesciences Corp.*		30,091		2,301,059
GE HealthCare Technologies, Inc.		19,407		1,367,223
Hologic, Inc.*		12,217		913,099
IDEXX Laboratories, Inc.*		4,121		2,107,521
Insulet Corp.*		3,463		663,892
Intuitive Surgical, Inc.*		17,391		5,437,818
Medtronic plc		66,033		5,381,689
ResMed, Inc.		7,292		1,163,730
STERIS plc		4,929		1,131,649
Stryker Corp.		16,774		4,756,268
Teleflex, Inc.		2,329		495,471
Zimmer Biomet Holdings, Inc.		10,347		1,232,535
				49,197,244
Health Care Providers & Services - 1.9%
Cardinal Health, Inc.		12,639		1,103,764
Cencora, Inc.		8,037		1,414,351
Centene Corp.*		27,240		1,679,346
Cigna Group (The)		14,679		4,055,220
CVS Health Corp.		63,632		4,146,897
DaVita, Inc.*		2,754		282,065
Elevance Health, Inc.		11,767		5,201,132
HCA Healthcare, Inc.		10,233		2,837,611
Henry Schein, Inc.*		6,502		497,663
Humana, Inc.		6,195		2,859,798
Laboratory Corp. of America Holdings		4,406		916,889
McKesson Corp.		6,737		2,777,800
Molina Healthcare, Inc.*		2,886		895,006
Quest Diagnostics, Inc.		5,556		730,614
UnitedHealth Group, Inc.		46,221		22,028,004
Universal Health Services, Inc., Class B		3,120		420,264
				51,846,424
Health Care REITs - 0.1%
Healthpeak Properties, Inc., REIT		27,150		558,747
Ventas, Inc., REIT		19,858		867,397
Welltower, Inc., REIT		24,670		2,044,650
				3,470,794
Hotel & Resort REITs - 0.0%(a)
Host Hotels & Resorts, Inc., REIT		35,302		557,419
Hotels, Restaurants & Leisure - 1.4%
Booking Holdings, Inc.*		1,837		5,703,940
Caesars Entertainment, Inc.*		10,685		590,453
Carnival Corp.*		49,852		788,659
Chipotle Mexican Grill, Inc.*		1,364		2,627,937
Darden Restaurants, Inc.		6,010		934,615
Domino's Pizza, Inc.		1,757		680,662
Expedia Group, Inc.*		7,072		766,534
Hilton Worldwide Holdings, Inc.		13,138		1,952,964
Las Vegas Sands Corp.		16,313		894,931
Marriott International, Inc., Class A		12,793		2,603,503
McDonald's Corp.		36,242		10,189,438
MGM Resorts International		14,987		659,128
Norwegian Cruise Line Holdings Ltd.*		21,052		348,832
Royal Caribbean Cruises Ltd.*		10,917		1,080,128
Starbucks Corp.		56,913		5,545,603
Wynn Resorts Ltd.		5,147		521,803
Yum! Brands, Inc.		13,904		1,798,899
				37,688,029
Household Durables - 0.3%
DR Horton, Inc.		15,405		1,833,503
Garmin Ltd.		7,603		806,070
Lennar Corp., Class A		12,597		1,500,177
Mohawk Industries, Inc.*		2,627		266,352
Newell Brands, Inc.		18,704		197,888
NVR, Inc.*		155		988,486
PulteGroup, Inc.		11,072		908,568
Whirlpool Corp.		2,725		381,391
				6,882,435
Household Products - 0.9%
Church & Dwight Co., Inc.		12,123		1,173,143
Clorox Co. (The)		6,139		960,447
Colgate-Palmolive Co.		41,180		3,025,495
Kimberly-Clark Corp.		16,750		2,157,902
Procter & Gamble Co. (The)		116,992		18,056,545
				25,373,532
Independent Power and Renewable Electricity Producers - 0.0%(a)
AES Corp. (The)		33,221		595,653
Industrial Conglomerates - 0.6%
3M Co.		27,387		2,921,371
General Electric Co.		54,053		6,186,907
Honeywell International, Inc.		33,034		6,208,410
				15,316,688
Industrial REITs - 0.2%
Prologis, Inc., REIT		45,836		5,692,831
Insurance - 1.4%
Aflac, Inc.		27,295		2,035,388
Allstate Corp. (The)		13,048		1,406,705
American International Group, Inc.		35,927		2,102,448

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Aon plc, Class A		10,139		3,380,241
Arch Capital Group Ltd.*		18,481		1,420,450
Arthur J Gallagher & Co.		10,634		2,450,924
Assurant, Inc.		2,642		368,110
Brown & Brown, Inc.		11,692		866,377
Chubb Ltd.		20,562		4,130,289
Cincinnati Financial Corp.		7,796		824,739
Everest Group Ltd.		2,121		765,002
Globe Life, Inc.		4,420		493,140
Hartford Financial Services Group, Inc. (The)		15,398		1,105,884
Lincoln National Corp.		7,667		196,735
Loews Corp.		9,391		583,087
Marsh & McLennan Cos., Inc.		24,560		4,788,954
MetLife, Inc.		31,927		2,022,256
Principal Financial Group, Inc.		11,202		870,508
Progressive Corp. (The)		29,060		3,878,638
Prudential Financial, Inc.		18,122		1,715,610
Travelers Cos., Inc. (The)		11,467		1,848,825
W R Berkley Corp.		9,972		616,868
Willis Towers Watson plc		5,284		1,092,520
				38,963,698
Interactive Media & Services - 4.0%
Alphabet, Inc., Class A*		294,898		40,156,261
Alphabet, Inc., Class C*		253,664		34,840,750
Match Group, Inc.*		13,822		647,837
Meta Platforms, Inc., Class A*		109,805		32,490,202
				108,135,050
IT Services - 0.8%
Accenture plc, Class A		31,348		10,149,542
Akamai Technologies, Inc.*		7,561		794,585
Cognizant Technology Solutions Corp., Class A		25,188		1,803,713
DXC Technology Co.*		11,300		234,362
EPAM Systems, Inc.*		2,866		742,265
Gartner, Inc.*		3,920		1,370,746
International Business Machines Corp.		45,072		6,617,922
VeriSign, Inc.*		4,498		934,639
				22,647,774
Leisure Products - 0.0%(a)
Hasbro, Inc.		6,466		465,552
Life Sciences Tools & Services - 1.1%
Agilent Technologies, Inc.		14,679		1,777,187
Bio-Rad Laboratories, Inc., Class A*		1,065		426,213
Bio-Techne Corp.		7,807		612,069
Charles River Laboratories International, Inc.*		2,542		525,736
Danaher Corp.		32,965		8,735,725
Illumina, Inc.*		7,841		1,295,490
IQVIA Holdings, Inc.*		9,216		2,051,758
Mettler-Toledo International, Inc.*		1,099		1,333,615
Revvity, Inc.		6,220		727,927
Thermo Fisher Scientific, Inc.		19,149		10,667,908
Waters Corp.*		2,923		820,778
West Pharmaceutical Services, Inc.		3,688		1,500,647
				30,475,053
Machinery - 1.2%
Caterpillar, Inc.		25,581		7,191,586
Cummins, Inc.		7,020		1,614,881
Deere & Co.		13,385		5,500,432
Dover Corp.		6,944		1,029,795
Fortive Corp.		17,553		1,384,054
IDEX Corp.		3,744		847,642
Illinois Tool Works, Inc.		13,725		3,394,879
Ingersoll Rand, Inc.		20,073		1,397,281
Nordson Corp.		2,676		653,319
Otis Worldwide Corp.		20,518		1,755,315
PACCAR, Inc.		25,937		2,134,314
Parker-Hannifin Corp.		6,364		2,653,152
Pentair plc		8,190		575,429
Snap-on, Inc.		2,631		706,687
Stanley Black & Decker, Inc.		7,608		718,043
Westinghouse Air Brake Technologies Corp.		8,927		1,004,466
Xylem, Inc.		11,868		1,228,813
				33,790,088
Media - 0.6%
Charter Communications, Inc., Class A*		5,164		2,262,452
Comcast Corp., Class A		206,459		9,654,023
Fox Corp., Class A		13,355		441,516
Fox Corp., Class B		6,789		207,200
Interpublic Group of Cos., Inc. (The)		19,164		624,938
News Corp., Class A		18,913		406,440
News Corp., Class B		5,833		128,326
Omnicom Group, Inc.		9,907		802,566
Paramount Global, Class B(b)		25,164		379,725
				14,907,186
Metals & Mining - 0.3%
Freeport-McMoRan, Inc.		71,145		2,839,397
Newmont Corp.		39,448		1,555,040
Nucor Corp.		12,476		2,147,120
Steel Dynamics, Inc.		7,966		849,096
				7,390,653
Multi-Utilities - 0.5%
Ameren Corp.		13,036		1,033,364
CenterPoint Energy, Inc.		31,323		873,598
CMS Energy Corp.		14,474		813,294
Consolidated Edison, Inc.		17,203		1,530,379
Dominion Energy, Inc.		41,492		2,014,022
DTE Energy Co.		10,233		1,057,888
NiSource, Inc.		20,506		548,741
Public Service Enterprise Group, Inc.		24,768		1,512,829
Sempra		31,243		2,193,883
WEC Energy Group, Inc.		15,661		1,317,403
				12,895,401
Office REITs - 0.1%
Alexandria Real Estate Equities, Inc., REIT		7,807		908,266
Boston Properties, Inc., REIT		7,078		472,598
				1,380,864
Oil, Gas & Consumable Fuels - 2.8%
APA Corp.		15,315		671,410
Chevron Corp.		88,357		14,234,313
ConocoPhillips		60,070		7,150,132
Coterra Energy, Inc.		37,593		1,059,747
Devon Energy Corp.		31,855		1,627,472
Diamondback Energy, Inc.		8,991		1,364,654
EOG Resources, Inc.		29,035		3,734,482
EQT Corp.		17,952		775,885
Exxon Mobil Corp.		200,687		22,314,388

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Hess Corp.		13,715		2,118,967
Kinder Morgan, Inc.		97,895		1,685,752
Marathon Oil Corp.		30,660		807,891
Marathon Petroleum Corp.		21,058		3,006,451
Occidental Petroleum Corp.		35,660		2,239,091
ONEOK, Inc.		22,216		1,448,483
Phillips 66		22,776		2,600,108
Pioneer Natural Resources Co.		11,607		2,761,654
Targa Resources Corp.		11,214		967,207
Valero Energy Corp.		17,945		2,331,055
Williams Cos., Inc. (The)		60,465		2,087,856
				74,986,998
Passenger Airlines - 0.1%
Alaska Air Group, Inc.*		6,345		266,300
American Airlines Group, Inc.*		32,403		477,296
Delta Air Lines, Inc.		31,906		1,368,129
Southwest Airlines Co.		29,535		933,306
United Airlines Holdings, Inc.*		16,280		810,907
				3,855,938
Personal Care Products - 0.1%
Estee Lauder Cos., Inc. (The), Class A		11,512		1,848,021
Kenvue, Inc.		86,397		1,991,451
				3,839,472
Pharmaceuticals - 2.8%
Bristol-Myers Squibb Co.		104,285		6,429,170
Catalent, Inc.*		8,940		446,732
Eli Lilly & Co.		39,109		21,674,208
Johnson & Johnson		119,431		19,309,604
Merck & Co., Inc.		125,949		13,725,922
Organon & Co.		12,662		278,058
Pfizer, Inc.		280,220		9,914,184
Viatris, Inc.		59,511		639,743
Zoetis, Inc., Class A		22,942		4,370,680
				76,788,301
Professional Services - 0.5%
Automatic Data Processing, Inc.		20,509		5,221,797
Broadridge Financial Solutions, Inc.		5,861		1,091,377
Ceridian HCM Holding, Inc.*		7,696		558,114
Equifax, Inc.		6,089		1,258,596
Jacobs Solutions, Inc.		6,291		848,153
Leidos Holdings, Inc.		6,816		664,628
Paychex, Inc.		15,930		1,947,124
Paycom Software, Inc.		2,412		711,154
Robert Half, Inc.		5,341		395,020
Verisk Analytics, Inc., Class A		7,183		1,739,866
				14,435,829
Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A*		15,428		1,312,152
CoStar Group, Inc.*		20,277		1,662,511
				2,974,663
Residential REITs - 0.2%
AvalonBay Communities, Inc., REIT		7,042		1,294,460
Camden Property Trust, REIT		5,301		570,494
Equity Residential, REIT		16,923		1,097,118
Essex Property Trust, Inc., REIT		3,184		759,034
Invitation Homes, Inc., REIT		28,855		983,667
Mid-America Apartment Communities, Inc., REIT		5,792		841,172
UDR, Inc., REIT		15,357		612,744
				6,158,689
Retail REITs - 0.2%
Federal Realty Investment Trust, REIT		3,643		356,795
Kimco Realty Corp., REIT		30,767		582,727
Realty Income Corp., REIT		33,418		1,872,745
Regency Centers Corp., REIT		8,158		507,427
Simon Property Group, Inc., REIT		16,230		1,841,943
				5,161,637
Semiconductors & Semiconductor Equipment - 5.3%
Advanced Micro Devices, Inc.*		79,930		8,450,252
Analog Devices, Inc.		25,105		4,563,587
Applied Materials, Inc.		41,951		6,408,435
Broadcom, Inc.		20,696		19,100,131
Enphase Energy, Inc.*		6,810		861,669
First Solar, Inc.*		4,932		932,740
Intel Corp.		207,039		7,275,350
KLA Corp.		6,818		3,421,750
Lam Research Corp.		6,673		4,687,115
Microchip Technology, Inc.		27,191		2,225,311
Micron Technology, Inc.		54,329		3,799,770
Monolithic Power Systems, Inc.		2,232		1,163,341
NVIDIA Corp.		122,758		60,587,211
NXP Semiconductors NV		12,891		2,651,937
ON Semiconductor Corp.*		21,436		2,110,589
Qorvo, Inc.*		4,959		532,547
QUALCOMM, Inc.		55,294		6,332,822
Skyworks Solutions, Inc.		7,894		858,394
SolarEdge Technologies, Inc.*		2,806		456,171
Teradyne, Inc.		7,697		830,275
Texas Instruments, Inc.		45,052		7,571,439
				144,820,836
Software - 6.9%
Adobe, Inc.*		22,767		12,734,494
ANSYS, Inc.*		4,308		1,373,692
Autodesk, Inc.*		10,632		2,359,666
Cadence Design Systems, Inc.*		13,527		3,252,432
Fair Isaac Corp.*		1,232		1,114,455
Fortinet, Inc.*		32,345		1,947,492
Gen Digital, Inc.		28,239		571,840
Intuit, Inc.		13,928		7,546,330
Microsoft Corp.		369,074		120,967,694
Oracle Corp.		76,385		9,195,990
Palo Alto Networks, Inc.*		15,021		3,654,609
PTC, Inc.*		5,289		778,382
Roper Technologies, Inc.		5,293		2,641,525
Salesforce, Inc.*		48,602		10,763,399
ServiceNow, Inc.*		10,113		5,954,838
Synopsys, Inc.*		7,566		3,471,962
Tyler Technologies, Inc.*		2,073		825,945
				189,154,745
Specialized REITs - 0.7%
American Tower Corp., REIT		23,133		4,194,476
Crown Castle, Inc., REIT		21,527		2,163,463
Digital Realty Trust, Inc., REIT		14,458		1,904,408
Equinix, Inc., REIT		4,637		3,623,259
Extra Space Storage, Inc., REIT		10,482		1,348,824
Iron Mountain, Inc., REIT		14,472		919,551
Public Storage, REIT		7,847		2,168,754
SBA Communications Corp., Class A, REIT		5,370		1,205,726
VICI Properties, Inc., REIT		49,835		1,536,911
Weyerhaeuser Co., REIT		36,354		1,190,593
				20,255,965

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited) 

Investments	Shares		Value ($)
Specialty Retail - 1.5%
AutoZone, Inc.*		915		2,316,167
Bath & Body Works, Inc.		11,364		418,991
Best Buy Co., Inc.		9,657		738,278
CarMax, Inc.*		7,846		640,861
Home Depot, Inc. (The)		50,273		16,605,172
Lowe's Cos., Inc.		29,600		6,822,208
O'Reilly Automotive, Inc.*		3,017		2,835,075
Ross Stores, Inc.		16,976		2,067,846
TJX Cos., Inc. (The)		57,154		5,285,602
Tractor Supply Co.		5,433		1,187,110
Ulta Beauty, Inc.*		2,487		1,032,180
				39,949,490
Technology Hardware, Storage & Peripherals - 5.2%
Apple, Inc.		733,894		137,876,666
Hewlett Packard Enterprise Co.		64,316		1,092,729
HP, Inc.		43,027		1,278,332
NetApp, Inc.		10,619		814,477
Seagate Technology Holdings plc		9,554		676,328
Western Digital Corp.*		15,882		714,690
				142,453,222
Textiles, Apparel & Luxury Goods - 0.3%
NIKE, Inc., Class B		61,153		6,219,872
Ralph Lauren Corp.		2,042		238,158
Tapestry, Inc.		11,509		383,480
VF Corp.		16,401		324,084
				7,165,594
Tobacco - 0.4%
Altria Group, Inc.		88,604		3,918,069
Philip Morris International, Inc.		77,051		7,401,519
				11,319,588
Trading Companies & Distributors - 0.2%
Fastenal Co.		28,342		1,631,932
United Rentals, Inc.		3,414		1,626,908
WW Grainger, Inc.		2,211		1,578,963
				4,837,803
Water Utilities - 0.1%
American Water Works Co., Inc.		9,658		1,339,951
Wireless Telecommunication Services - 0.1%
T-Mobile US, Inc.*		28,585		3,894,706
TOTAL COMMON STOCKS (Cost $2,016,689,758)				1,869,316,573
SECURITIES LENDING REINVESTMENTS(c) - 0.0%(a)
INVESTMENT COMPANIES - 0.0%(a)
Invesco Government & Agency Portfolio , Institutional Class 5.25% (Cost $73,796)		73,796		73,796
Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 5.4%
REPURCHASE AGREEMENTS(d) - 0.0%(a)
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $65,011 (Cost $65,000)		65,000		65,000
U.S. TREASURY OBLIGATIONS(e) - 5.4%
U.S. Treasury Bills
5.34%, 11/21/2023(f)		50,000,000		49,406,844
5.40%, 11/24/2023(f)		25,000,000		24,690,386
5.36%, 12/7/2023(f)		50,000,000		49,292,124
5.38%, 12/12/2023(f)		25,000,000		24,624,672
TOTAL U.S. TREASURY OBLIGATIONS (Cost $148,009,317)				148,014,026
TOTAL SHORT-TERM INVESTMENTS (Cost $148,074,317)				148,079,026
Total Investments - 73.9% (Cost $2,164,837,871)				2,017,469,395
Other assets less liabilities - 26.1%				713,159,435
Net Assets - 100.0%				2,730,628,830

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

*	Non-income producing security.
(a)	Represents less than 0.05% of net assets.
(b)	The security or a portion of this security is on loan at August 31, 2023. The total value of securities on loan at August 31, 2023 was $272,812, collateralized in the form of cash with a value of $73,796 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Portfolio Investments and $208,698 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 5.25%, and maturity dates ranging from July 15, 2024 – February 15, 2051. The total value of collateral is $282,494.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2023. The total value of securities purchased was $73,796.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(e)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $128,764,109.
(f)	The rate shown was the current yield as of August 31, 2023.

UltraPro S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Purchased
UltraPro S&P500® had the following open long futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	712	9/15/2023	U.S. Dollar	$	160,769,600	$	3,914,893

Swap Agreements
UltraPro S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	705,331,591	3/6/2025	Bank of America NA		5.93	%	S&P 500®		58,176,431
	685,565,502	2/11/2025	BNP Paribas SA		5.93	%	S&P 500®		49,383,461
	947,640,854	3/6/2025	Citibank NA		5.99	%	S&P 500®		47,686,425
	509,929,038	4/8/2024	Goldman Sachs International		5.93	%	S&P 500®		12,195,179
	858,308,048	11/7/2023	J.P. Morgan Securities		5.73	%	S&P 500®		43,802,101
	518,534,160	3/6/2025	Morgan Stanley & Co. International plc		5.88	%	S&P 500®		39,276,559
	1,305,796,979	4/8/2024	Societe Generale		5.98	%	S&P 500®		47,323,026
	630,689,249	11/7/2024	UBS AG		5.83	%	S&P 500®		47,329,992
	6,161,795,421								345,173,174
							Total Unrealized Appreciation		345,173,174

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 4.3%
REPURCHASE AGREEMENTS(a) - 2.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,851,658
(Cost $1,851,387)		1,851,387		1,851,387
U.S. TREASURY OBLIGATIONS - 1.5%
U.S. Treasury Bills 5.39%, 11/30/2023 (Cost $986,873)(b)		1,000,000		986,731
TOTAL SHORT-TERM INVESTMENTS (Cost $2,838,260)				2,838,118
Total Investments - 4.3% (Cost $2,838,260)				2,838,118
Other assets less liabilities - 95.7%				63,290,663
Net Assets - 100.0%				66,128,781

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	The rate shown was the current yield as of August 31, 2023.

UltraPro Short 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond	11	12/19/2023	U.S. Dollar	$	1,337,188	$	(17,552	)

Swap Agreements
UltraPro Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(23,770,987	)	11/6/2024	Bank of America NA		(5.03	)%	ICE U.S. Treasury 20+ Year Bond Index		7,165,712
	(8,151,319	)	11/8/2023	Barclays Capital		(5.11	)%	ICE U.S. Treasury 20+ Year Bond Index		(142,327	)
	(16,913,232	)	11/8/2023	Citibank NA		(4.88	)%	ICE U.S. Treasury 20+ Year Bond Index		6,058,371
	(21,064,511	)	11/6/2024	Goldman Sachs International		(4.91	)%	ICE U.S. Treasury 20+ Year Bond Index		7,002,974
	(23,561,695	)	11/6/2024	Morgan Stanley & Co. International plc		(5.16	)%	ICE U.S. Treasury 20+ Year Bond Index		9,395,648
	(14,300,803	)	11/6/2024	Societe Generale		(5.05	)%	ICE U.S. Treasury 20+ Year Bond Index		4,946,451
	(89,270,554	)	11/8/2023	UBS AG		(4.88	)%	ICE U.S. Treasury 20+ Year Bond Index		15,563,491
	(197,033,101	)								49,990,320
								Total Unrealized Appreciation		50,132,647
								Total Unrealized Depreciation		(142,327	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short Dow30^SM
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 102.3%
REPURCHASE AGREEMENTS(a) - 19.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $89,533,696
(Cost $89,520,574)		89,520,574		89,520,574
U.S. TREASURY OBLIGATIONS(b) - 83.3%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		25,000,000		24,985,507
5.01%, 9/7/2023(c)		25,000,000		24,978,047
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.76%, 9/21/2023(c)		75,000,000		74,780,625
4.80%, 9/28/2023(c)		75,000,000		74,703,421
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		25,000,000		24,797,951
5.22%, 11/2/2023(c)		50,000,000		49,545,764
5.34%, 11/21/2023(c)		25,000,000		24,703,422
5.40%, 11/24/2023(c)		20,000,000		19,752,309
TOTAL U.S. TREASURY OBLIGATIONS (Cost $393,017,921)				392,905,260
TOTAL SHORT-TERM INVESTMENTS (Cost $482,538,495)				482,425,834
Total Investments - 102.3% (Cost $482,538,495)				482,425,834
Liabilities in excess of other assets - (2.3%)				(10,712,057	)
Net Assets - 100.0%				471,713,777

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $121,508,322.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraPro Short Dow30^SM
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short Dow30SM had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount			Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	20	9/15/2023	U.S. Dollar	$	3,479,100	$	89,371

Swap Agreements
UltraPro Short Dow30SM had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
	(166,838,778	)	3/6/2025	Bank of America NA		(5.78	)%	Dow Jones Industrial AverageSM		(786,315	)
	(56,909,210	)	11/6/2023	Barclays Capital		(5.53	)%	Dow Jones Industrial AverageSM		(16,335,011	)
	(178,574,783	)	2/11/2025	BNP Paribas SA		(5.63	)%	Dow Jones Industrial AverageSM		(3,730,194	)
	(258,157,401	)	3/6/2025	Citibank NA		(5.81	)%	Dow Jones Industrial AverageSM		(10,986,749	)
	(307,601,401	)	11/7/2024	Goldman Sachs International		(5.68	)%	Dow Jones Industrial AverageSM		(12,054,362	)
	(126,248,865	)	3/6/2025	Morgan Stanley & Co. International plc		(5.13	)%	Dow Jones Industrial AverageSM		(1,649,687	)
	(123,366,946	)	3/6/2025	Societe Generale		(5.63	)%	Dow Jones Industrial AverageSM		(997,367	)
	(194,086,067	)	11/7/2024	UBS AG		(5.18	)%	Dow Jones Industrial AverageSM		(9,300,143	)
	(1,411,783,451	)								(55,839,828	)
								Total Unrealized Depreciation		(55,839,828	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short MidCap400
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 72.3%
REPURCHASE AGREEMENTS(a) - 72.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $4,037,346
(Cost $4,036,755)		4,036,755		4,036,755
Total Investments - 72.3% (Cost $4,036,755)				4,036,755
Other assets less liabilities - 27.7%				1,550,401
Net Assets - 100.0%				5,587,156

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Short MidCap400
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short MidCap400 had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	1	9/15/2023	U.S. Dollar	$	264,870	$	(3,992	)

Swap Agreements
UltraPro Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2023:
	Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b		Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(2,917,953	)	3/6/2024	Bank of America NA	(5.68	)%	S&P MidCap 400®	(412,192	)
	(3,999,951	)	2/11/2025	BNP Paribas SA	(5.48	)%	S&P MidCap 400®	(328,927	)
	(4,428,517	)	4/8/2024	Citibank NA	(5.53	)%	S&P MidCap 400®	(1,295,608	)
	(2,835,944	)	3/6/2025	Morgan Stanley & Co. International plc	(5.13	)%	S&P MidCap 400®	(343,523	)
	(2,314,786	)	11/14/2024	Societe Generale	(5.31	)%	S&P MidCap 400®	254,088
	(16,497,151	)						(2,126,162	)
							Total Unrealized Appreciation	254,088
							Total Unrealized Depreciation	(2,380,250	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short QQQ
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 126.4%
REPURCHASE AGREEMENTS(a) - 20.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $898,396,579
(Cost $898,264,896)		898,264,896		898,264,896
U.S. TREASURY OBLIGATIONS(b) - 106.1%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		200,000,000		199,884,056
4.93%, 9/7/2023(c)		200,000,000		199,824,374
5.05%, 9/12/2023(c)		250,000,000		249,598,768
4.93%, 9/14/2023(c)		200,000,000		199,621,736
5.26%, 9/19/2023(c)		225,000,000		224,407,125
4.76%, 9/21/2023(c)		400,000,000		398,830,000
5.35%, 9/26/2023(c)		200,000,000		199,266,320
4.80%, 9/28/2023(c)		200,000,000		199,209,124
5.30%, 10/3/2023(c)		100,000,000		99,531,111
5.20%, 10/5/2023(c)		200,000,000		199,002,666
4.84%, 10/12/2023(c)		150,000,000		149,095,011
5.27%, 10/19/2023(c)		200,000,000		198,589,000
5.33%, 10/26/2023(c)		200,000,000		198,383,612
5.23%, 11/2/2023(c)		200,000,000		198,183,056
5.21%, 11/9/2023(c)		250,000,000		247,469,400
5.24%, 11/16/2023(c)		250,000,000		247,217,160
5.34%, 11/21/2023(c)		100,000,000		98,813,687
5.37%, 11/24/2023(c)		300,000,000		296,284,632
5.19%, 11/30/2023(c)		300,000,000		296,019,249
5.39%, 12/5/2023(c)		100,000,000		98,603,698
5.36%, 12/7/2023(c)		100,000,000		98,584,249
5.38%, 12/12/2023(c)		100,000,000		98,498,687
4.54%, 12/28/2023(c)		100,000,000		98,268,514
5.35%, 1/4/2024(c)		100,000,000		98,165,799
4.78%, 1/25/2024(c)		100,000,000		97,859,174
TOTAL U.S. TREASURY OBLIGATIONS (Cost $4,690,704,228)				4,689,210,208
TOTAL SHORT-TERM INVESTMENTS (Cost $5,588,969,124)				5,587,475,104
Total Investments - 126.4% (Cost $5,588,969,124)				5,587,475,104
Liabilities in excess of other assets - (26.4%)				(1,168,309,512	)
Net Assets - 100.0%				4,419,165,592

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,777,777,155.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraPro Short QQQ
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short QQQ had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index	481	9/15/2023	U.S. Dollar	$	149,480,370	$	963,644

Swap Agreements
UltraPro Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,729,144,358	)	3/6/2025	Bank of America NA		(5.68	)%	NASDAQ-100 Index®		(11,533,084	)
	(1,098,994,861	)	11/6/2023	Barclays Capital		(5.53	)%	NASDAQ-100 Index®		(556,608,295	)
	(1,168,703,173	)	11/14/2024	BNP Paribas SA		(5.68	)%	NASDAQ-100 Index®		(508,089,525	)
	(2,415,206,216	)	11/6/2023	Citibank NA		(5.81	)%	NASDAQ-100 Index®		(821,100,633	)
	(1,388,663,356	)	3/13/2025	Goldman Sachs International		(5.68	)%	NASDAQ-100 Index®		(39,017,419	)
	(1,328,767,221	)	11/7/2023	J.P. Morgan Securities		(5.48	)%	NASDAQ-100 Index®		(156,680,693	)
	(1,242,751,784	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	NASDAQ-100 Index®		4,580,451
	(1,414,441,635	)	11/6/2025	Societe Generale		(5.98	)%	NASDAQ-100 Index®		(82,999,693	)
	(1,322,004,167	)	11/6/2023	UBS AG		(5.48	)%	NASDAQ-100 Index®		(282,124,422	)
	(13,108,676,771	)								(2,453,573,313	)
								Total Unrealized Appreciation		4,580,451
								Total Unrealized Depreciation		(2,458,153,764	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.1%
REPURCHASE AGREEMENTS(a) - 59.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $97,733,803
(Cost $97,719,478)		97,719,478		97,719,478
U.S. TREASURY OBLIGATIONS(b) - 29.9%
U.S. Treasury Bills
4.68%, 9/7/2023(c)		25,000,000		24,978,047
5.35%, 1/4/2024(c)		25,000,000		24,541,450
TOTAL U.S. TREASURY OBLIGATIONS (Cost $49,525,033)				49,519,497
TOTAL SHORT-TERM INVESTMENTS (Cost $147,244,511)				147,238,975
Total Investments - 89.1% (Cost $147,244,511)				147,238,975
Other assets less liabilities - 10.9%				17,967,001
Net Assets - 100.0%				165,205,976

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $24,977,930.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraPro Short Russell2000
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short Russell2000 had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	33	9/15/2023	U.S. Dollar	$	3,137,640	$	126,200

Swap Agreements
UltraPro Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(65,554,157	)	11/14/2024	Bank of America NA		(4.98	)%	Russell 2000® Index		(1,824,840	)
	(76,952,237	)	11/6/2023	Barclays Capital		(5.43	)%	Russell 2000® Index		(22,153,847	)
	(48,458,937	)	11/14/2024	BNP Paribas SA		(5.18	)%	Russell 2000® Index		(4,074,636	)
	(47,414,113	)	11/6/2023	Citibank NA		(5.14	)%	Russell 2000® Index		3,200,858
	(89,524,320	)	11/6/2023	Goldman Sachs International		(5.33	)%	Russell 2000® Index		(1,448,184	)
	(36,553,643	)	3/6/2024	Morgan Stanley & Co. International plc		(5.03	)%	Russell 2000® Index		(2,401,932	)
	(49,536,056	)	3/6/2024	Societe Generale		(5.18	)%	Russell 2000® Index		(3,108,051	)
	(78,434,090	)	11/6/2023	UBS AG		(4.83	)%	Russell 2000® Index		(21,720,713	)
	(492,427,553	)								(53,531,345	)
								Total Unrealized Appreciation		3,200,858
								Total Unrealized Depreciation		(56,732,203	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraPro Short S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 138.5%
REPURCHASE AGREEMENTS(a) - 35.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $353,549,102
(Cost $353,497,281)		353,497,281		353,497,281
U.S. TREASURY OBLIGATIONS(b) - 102.9%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		25,000,000		24,985,507
5.01%, 9/7/2023(c)		25,000,000		24,978,047
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.66%, 9/14/2023(c)		75,000,000		74,858,151
5.23%, 9/19/2023(c)		50,000,000		49,868,250
4.75%, 9/21/2023(c)		200,000,000		199,415,000
4.80%, 9/28/2023(c)		75,000,000		74,703,421
5.30%, 10/3/2023(c)		25,000,000		24,882,778
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		50,000,000		49,595,903
5.22%, 11/2/2023(c)		50,000,000		49,545,764
5.20%, 11/9/2023(c)		50,000,000		49,493,880
5.26%, 11/16/2023(c)		25,000,000		24,721,716
5.34%, 11/21/2023(c)		35,000,000		34,584,790
5.38%, 11/24/2023(c)		85,000,000		83,947,312
5.39%, 11/30/2023(c)		25,000,000		24,668,271
5.39%, 12/5/2023(c)		35,000,000		34,511,294
5.36%, 12/7/2023(c)		50,000,000		49,292,125
5.38%, 12/12/2023(c)		35,000,000		34,474,540
5.35%, 1/4/2024(c)		40,000,000		39,266,320
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,022,671,750)				1,022,451,283
TOTAL SHORT-TERM INVESTMENTS (Cost $1,376,169,031)				1,375,948,564
Total Investments - 138.5% (Cost $1,376,169,031)				1,375,948,564
Liabilities in excess of other assets - (38.5%)				(382,212,839	)
Net Assets - 100.0%				993,735,725

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $649,502,573.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraPro Short S&P500^®
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraPro Short S&P500® had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index	204	9/15/2023	U.S. Dollar	$	46,063,200	$	(465,317	)

Swap Agreements
UltraPro Short S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(303,996,590	)	3/6/2025	Bank of America NA		(5.63	)%	S&P 500®		(38,392,161	)
	(420,542,140	)	3/6/2024	BNP Paribas SA		(5.63	)%	S&P 500®		(63,809,240	)
	(486,024,917	)	4/8/2024	Citibank NA		(5.81	)%	S&P 500®		(142,015,849	)
	(419,225,903	)	11/7/2024	Goldman Sachs International		(5.68	)%	S&P 500®		(71,754,574	)
	(347,234,065	)	11/7/2023	J.P. Morgan Securities		(5.48	)%	S&P 500®		(41,286,635	)
	(210,129,079	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	S&P 500®		2,926,024
	(364,520,941	)	11/14/2024	Societe Generale		(5.68	)%	S&P 500®		(58,279,364	)
	(383,586,035	)	11/7/2024	UBS AG		(5.48	)%	S&P 500®		(39,735,190	)
	(2,935,259,670	)								(452,346,989	)
								Total Unrealized Appreciation		2,926,024
								Total Unrealized Depreciation		(455,273,013	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 71.4%
REPURCHASE AGREEMENTS(a) - 71.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $23,178,882
(Cost $23,175,485)		23,175,485		23,175,485
Total Investments - 71.4% (Cost $23,175,485)				23,175,485
Other assets less liabilities - 28.6%				9,284,799
Net Assets - 100.0%				32,460,284

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2023 (Unaudited)

Futures Contracts Sold
UltraShort 7-10 Year Treasury had the following open short futures contracts as of August 31, 2023:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury 10 Year Note	5	12/19/2023	U.S. Dollar	$	555,078	$	(4,931	)

Swap Agreements
UltraShort 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
	(4,768,509	)	11/6/2024	Bank of America NA		(4.84	)%	ICE U.S. Treasury 7-10 Year Bond Index		134,077
	(17,428,763	)	11/8/2023	Citibank NA		(4.86	)%	ICE U.S. Treasury 7-10 Year Bond Index		148,777
	(8,909,603	)	11/6/2024	Goldman Sachs International		(5.11	)%	ICE U.S. Treasury 7-10 Year Bond Index		60,876
	(33,183,047	)	11/6/2024	Societe Generale		(5.05	)%	ICE U.S. Treasury 7-10 Year Bond Index		1,620,771
	(64,289,922	)								1,964,501
								Total Unrealized Appreciation		1,964,501

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 87.6%
REPURCHASE AGREEMENTS(a) - 9.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $48,012,505 (Cost $48,005,466)		48,005,466		48,005,466
U.S. TREASURY OBLIGATIONS(b) - 78.1%
U.S. Treasury Bills
4.66%, 9/14/2023(c)		100,000,000		99,810,868
5.23%, 9/19/2023(c)		50,000,000		49,868,250
4.76%, 9/21/2023(c)		75,000,000		74,780,625
4.80%, 9/28/2023(c)		50,000,000		49,802,281
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		20,000,000		19,838,361
5.22%, 11/2/2023(c)		25,000,000		24,772,882
5.20%, 11/9/2023(c)		25,000,000		24,746,940
TOTAL U.S. TREASURY OBLIGATIONS (Cost $393,446,333)				393,318,544
TOTAL SHORT-TERM INVESTMENTS (Cost $441,451,799)				441,324,010
Total Investments - 87.6% (Cost $441,451,799)				441,324,010
Other assets less liabilities - 12.4%				62,615,963
Net Assets - 100.0%				503,939,973

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $38,175,630.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraShort 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort 20+ Year Treasury had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond	69	12/19/2023	U.S. Dollar	$	8,387,813	$	(110,099	)

Swap Agreements

UltraShort 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation ($)
(243,297,935	)	11/6/2024	Bank of America NA		(5.03	)%	ICE U.S. Treasury 20+ Year Bond Index		10,800,252
(230,089,900	)	11/8/2023	Citibank NA		(4.88	)%	ICE U.S. Treasury 20+ Year Bond Index		11,740,020
(217,507,928	)	11/6/2024	Goldman Sachs International		(4.91	)%	ICE U.S. Treasury 20+ Year Bond Index		10,656,338
(154,276,679	)	11/6/2024	Morgan Stanley & Co. International plc		(5.16	)%	ICE U.S. Treasury 20+ Year Bond Index		11,784,436
(155,147,075	)	11/6/2024	Societe Generale		(5.05	)%	ICE U.S. Treasury 20+ Year Bond Index		11,165,044
(1,000,319,517	)								56,146,090
							Total Unrealized Appreciation		56,146,090

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Consumer Discretionary

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 83.1%
REPURCHASE AGREEMENTS(a) - 83.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,388,377 (Cost $1,388,174)		1,388,174		1,388,174
Total Investments - 83.1% (Cost $1,388,174)				1,388,174
Other assets less liabilities - 16.9%				281,334
Net Assets - 100.0%				1,669,508

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Discretionary had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(1,056,291	)	3/6/2025	BNP Paribas SA		(5.38	)%	S&P Consumer Discretionary Select Sector Index		(299,040	)
(1,537,050	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Consumer Discretionary Select Sector Index		(222,807	)
(261,919	)	3/6/2025	Societe Generale		(5.43	)%	S&P Consumer Discretionary Select Sector Index		(195,739	)
(479,035	)	3/6/2025	UBS AG		(5.08	)%	S&P Consumer Discretionary Select Sector Index		(90,047	)
(3,334,295	)								(807,633	)
							Total Unrealized Depreciation		(807,633	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Consumer Staples

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 94.0%
REPURCHASE AGREEMENTS(a) - 94.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,014,922 (Cost $1,014,773)		1,014,773		1,014,773
Total Investments - 94.0% (Cost $1,014,773)				1,014,773
Other assets less liabilities - 6.0%				64,899
Net Assets - 100.0%				1,079,672

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Staples had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(260,311	)	3/6/2025	Bank of America NA		(5.18	)%	S&P Consumer Staples Select Sector Index		(4,675	)
(178,415	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Consumer Staples Select Sector Index		3,095
(871,602	)	3/6/2025	Societe Generale		(5.43	)%	S&P Consumer Staples Select Sector Index		(88,139	)
(843,085	)	3/6/2025	UBS AG		(5.08	)%	S&P Consumer Staples Select Sector Index		(63,662	)
(2,153,413	)								(153,381	)
							Total Unrealized Appreciation		3,095
							Total Unrealized Depreciation		(156,476	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 88.8%
REPURCHASE AGREEMENTS(a) - 61.1%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $55,103,958 (Cost $55,095,881)		55,095,881		55,095,881
U.S. TREASURY OBLIGATIONS(b) - 27.7%
U.S. Treasury Bills
4.80%, 9/28/2023 (Cost $24,912,156)(c)		25,000,000		24,901,141
TOTAL SHORT-TERM INVESTMENTS (Cost $80,008,037)				79,997,022
Total Investments - 88.8% (Cost $80,008,037)				79,997,022
Other assets less liabilities - 11.2%				10,117,770
Net Assets - 100.0%				90,114,792

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,277,920.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraShort Dow30^SM

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort Dow30^SM had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index	10	9/15/2023	U.S. Dollar	$	1,739,550	$	16,781

Swap Agreements

UltraShort Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(21,006,756	)	3/6/2024	Bank of America NA		(5.78	)%	Dow Jones Industrial AverageSM		(594,038	)
(19,270,660	)	11/6/2023	Barclays Capital		(5.53	)%	Dow Jones Industrial AverageSM		(3,967,192	)
(13,472,101	)	2/11/2025	BNP Paribas SA		(5.63	)%	Dow Jones Industrial AverageSM		(721,297	)
(17,360,955	)	3/6/2025	Citibank NA		(5.81	)%	Dow Jones Industrial AverageSM		(984,916	)
(40,810,848	)	11/7/2024	Goldman Sachs International		(5.68	)%	Dow Jones Industrial AverageSM		(2,411,019	)
(38,402,432	)	11/14/2024	Societe Generale		(5.63	)%	Dow Jones Industrial AverageSM		(57,616	)
(28,173,080	)	11/7/2024	UBS AG		(5.18	)%	Dow Jones Industrial AverageSM		(1,543,358	)
(178,496,832	)								(10,279,436	)
							Total Unrealized Depreciation		(10,279,436	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Energy

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 84.3%
REPURCHASE AGREEMENTS(a) - 84.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $21,761,709 (Cost $21,758,520)		21,758,520		21,758,520
Total Investments - 84.3% (Cost $21,758,520)				21,758,520
Other assets less liabilities - 15.7%				4,039,767
Net Assets - 100.0%				25,798,287

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Energy

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

UltraShort Energy had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(4,644,674	)	3/6/2025	Bank of America NA		(5.03	)%	S&P Energy Select Sector Index		(1,639,202	)
(22,998,165	)	3/6/2025	BNP Paribas SA		(5.43	)%	S&P Energy Select Sector Index		(2,940,080	)
(12,356,640	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Energy Select Sector Index		(705,297	)
(7,214,089	)	3/6/2025	Societe Generale		(5.43	)%	S&P Energy Select Sector Index		(1,275,784	)
(4,390,618	)	3/6/2025	UBS AG		(5.13	)%	S&P Energy Select Sector Index		(811,543	)
(51,604,186	)								(7,371,906	)
							Total Unrealized Depreciation		(7,371,906	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Financials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 82.5%
REPURCHASE AGREEMENTS(a) - 82.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $16,209,641 (Cost $16,207,267)		16,207,267		16,207,267
Total Investments - 82.5% (Cost $16,207,267)				16,207,267
Other assets less liabilities - 17.5%				3,443,604
Net Assets - 100.0%				19,650,871

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Financials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(5,152,685	)	3/6/2025	Bank of America NA		(5.43	)%	S&P Financial Select Sector Indexc		(838,923	)
(5,424,257	)	3/6/2025	BNP Paribas SA		(5.53	)%	S&P Financial Select Sector Indexc		(1,042,486	)
(639,168	)	4/7/2025	Citibank NA		(5.28	)%	S&P Financial Select Sector Indexc		(31,066	)
(6,525,352	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Financial Select Sector Indexc		(397,648	)
(12,999,098	)	3/6/2025	Societe Generale		(5.63	)%	S&P Financial Select Sector Indexc		(1,664,862	)
(8,543,533	)	3/6/2025	UBS AG		(5.43	)%	S&P Financial Select Sector Indexc		(1,177,811	)
(39,284,093	)								(5,152,796	)
							Total Unrealized Depreciation		(5,152,796	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

UltraShort FTSE China 50

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 74.7%
REPURCHASE AGREEMENTS(a) - 74.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $14,830,957 (Cost $14,828,785)		14,828,785		14,828,785
Total Investments - 74.7% (Cost $14,828,785)				14,828,785
Other assets less liabilities - 25.3%				5,018,804
Net Assets - 100.0%				19,847,589

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,885,013	)	3/6/2025	Bank of America NA		(3.83	)%	iShares® China Large-Cap ETF		26,334
(4,665,331	)	11/14/2024	Citibank NA		(2.58	)%	iShares® China Large-Cap ETF		277,007
(16,827,422	)	11/14/2024	Goldman Sachs International		(4.83	)%	iShares® China Large-Cap ETF		(678,141	)
(1,240,441	)	11/14/2024	Morgan Stanley & Co. International plc		(4.78	)%	iShares® China Large-Cap ETF		97,982
(5,594,910	)	11/14/2024	Societe Generale		(3.88	)%	iShares® China Large-Cap ETF		(288,859	)
(9,349,904	)	3/6/2025	UBS AG		(3.58	)%	iShares® China Large-Cap ETF		(65,377	)
(39,563,021	)								(631,054	)
							Total Unrealized Appreciation		401,323
							Total Unrealized Depreciation		(1,032,377	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort FTSE Europe

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 69.7%
REPURCHASE AGREEMENTS(a) - 69.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $38,823,687 (Cost $38,817,997)		38,817,997		38,817,997
Total Investments - 69.7% (Cost $38,817,997)				38,817,997
Other assets less liabilities - 30.3%				16,898,954
Net Assets - 100.0%				55,716,951

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort FTSE Europe

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements^a

UltraShort FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(9,736,013	)	11/14/2024	Citibank NA		(4.53	)%	Vanguard® FTSE Europe ETF Shares		101,282
(61,316,547	)	3/6/2025	Goldman Sachs International		(1.83	)%	Vanguard® FTSE Europe ETF Shares		(11,190,888	)
(363,512	)	11/14/2024	Morgan Stanley & Co. International plc		(4.78	)%	Vanguard® FTSE Europe ETF Shares		4,148
(19,906,715	)	11/14/2024	Societe Generale		(4.58	)%	Vanguard® FTSE Europe ETF Shares		(463,266	)
(19,701,008	)	4/10/2024	UBS AG		(2.58	)%	Vanguard® FTSE Europe ETF Shares		(502,569	)
(111,023,795	)								(12,051,293	)
							Total Unrealized Appreciation		105,430
							Total Unrealized Depreciation		(12,156,723	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Health Care

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 62.0%
REPURCHASE AGREEMENTS(a) - 62.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $701,972 (Cost $701,869)		701,869		701,869
Total Investments - 62.0%  (Cost $701,869)				701,869
Other assets less liabilities - 38.0%				429,400
Net Assets - 100.0%				1,131,269

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(779,161	)	3/6/2025	Bank of America NA		(5.38	)%	S&P Health Care Select Sector Indexc		(40,085	)
(108,814	)	3/6/2025	BNP Paribas SA		(5.48	)%	S&P Health Care Select Sector Indexc		(7,448	)
(103,440	)	4/7/2025	Citibank NA		(5.13	)%	S&P Health Care Select Sector Indexc		(1,209	)
(849,016	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Health Care Select Sector Indexc		(45,678	)
(208,224	)	3/6/2025	Societe Generale		(5.53	)%	S&P Health Care Select Sector Indexc		(95,696	)
(209,567	)	3/6/2025	UBS AG		(5.08	)%	S&P Health Care Select Sector Indexc		(95,058	)
(2,258,222	)								(285,174	)
							Total Unrealized Depreciation		(285,174	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Health Care for the components of the underlying reference instrument and their relative weightings.

UltraShort Industrials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 92.2%
REPURCHASE AGREEMENTS(a) - 92.2%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,434,555 (Cost $2,434,198)		2,434,198		2,434,198
Total Investments - 92.2% (Cost $2,434,198)				2,434,198
Other assets less liabilities - 7.8%				205,444
Net Assets - 100.0%				2,639,642

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(1,044,346	)	3/6/2025	Bank of America NA		(5.23	)%	S&P Industrials Select Sector Index		(92,526	)
(2,602,161	)	3/6/2025	BNP Paribas SA		(5.48	)%	S&P Industrials Select Sector Index		(294,833	)
(769,117	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Industrials Select Sector Index		(54,656	)
(285,019	)	3/6/2025	Societe Generale		(5.43	)%	S&P Industrials Select Sector Index		(200,463	)
(565,687	)	3/6/2025	UBS AG		(5.08	)%	S&P Industrials Select Sector Index		(83,224	)
(5,266,330	)								(725,702	)
							Total Unrealized Depreciation		(725,702	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Materials

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 85.0%
REPURCHASE AGREEMENTS(a) - 85.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,797,153 (Cost $1,796,887)		1,796,887		1,796,887
Total Investments - 85.0% (Cost $1,796,887)				1,796,887
Other assets less liabilities - 15.0%				316,969
Net Assets - 100.0%				2,113,856

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Materials had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(628,175	)	3/6/2025	Bank of America NA		(4.93	)%	S&P Materials Select Sector Index		(63,979	)
(615,893	)	3/6/2025	BNP Paribas SA		(5.48	)%	S&P Materials Select Sector Index		(61,684	)
(1,059,827	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Materials Select Sector Index		(57,623	)
(933,490	)	3/6/2025	Societe Generale		(5.43	)%	S&P Materials Select Sector Index		(121,130	)
(992,271	)	3/6/2025	UBS AG		(5.08	)%	S&P Materials Select Sector Index		(139,431	)
(4,229,656	)								(443,847	)
							Total Unrealized Depreciation		(443,847	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 91.6%
REPURCHASE AGREEMENTS(a) - 91.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,131,169 (Cost $2,130,856)		2,130,856		2,130,856
Total Investments - 91.6% (Cost $2,130,856)				2,130,856
Other assets less liabilities - 8.4%				195,703
Net Assets - 100.0%				2,326,559

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MidCap400

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort MidCap400 had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	1	9/15/2023	U.S. Dollar	$	264,870	$	(3,332	)

Swap Agreements

UltraShort MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(751,314	)	2/11/2025	Bank of America NA		(5.68	)%	S&P MidCap 400®		(40,239	)
(1,103,161	)	2/11/2025	BNP Paribas SA		(5.48	)%	S&P MidCap 400®		(79,269	)
(843,905	)	11/6/2023	Citibank NA		(5.53	)%	S&P MidCap 400®		(123,207	)
(917,978	)	3/6/2024	Morgan Stanley & Co. International plc		(5.13	)%	S&P MidCap 400®		(104,259	)
(772,477	)	11/14/2024	Societe Generale		(5.31	)%	S&P MidCap 400®		(4,995	)
(4,388,835	)								(351,969	)
							Total Unrealized Depreciation		(351,969	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Brazil Capped

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 79.3%
REPURCHASE AGREEMENTS(a) - 79.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $7,513,476 (Cost $7,512,373)		7,512,373		7,512,373
Total Investments - 79.3% (Cost $7,512,373)				7,512,373
Other assets less liabilities - 20.7%				1,959,666
Net Assets - 100.0%				9,472,039

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Brazil Capped

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements^a

UltraShort MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
(1,329,382	)	4/10/2024	Bank of America NA		(3.83	)%	iShares® MSCI Brazil Capped ETF		(94,206	)
(8,043,803	)	11/14/2024	Citibank NA		(5.13	)%	iShares® MSCI Brazil Capped ETF		(1,435,340	)
(2,845,874	)	3/6/2025	Goldman Sachs International		(3.33	)%	iShares® MSCI Brazil Capped ETF		(1,050,041	)
(1,805,877	)	11/14/2024	Morgan Stanley & Co. International plc		(4.78	)%	iShares® MSCI Brazil Capped ETF		(214,693	)
(1,512,255	)	11/14/2024	Societe Generale		(4.48	)%	iShares® MSCI Brazil Capped ETF		(369,760	)
(3,341,746	)	3/6/2025	UBS AG		(4.58	)%	iShares® MSCI Brazil Capped ETF		(681,947	)
(18,878,937	)								(3,845,987	)
							Total Unrealized Depreciation		(3,845,987	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI EAFE

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 77.0%
REPURCHASE AGREEMENTS(a) - 77.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,789,153 (Cost $1,788,891)		1,788,891		1,788,891
Total Investments - 77.0% (Cost $1,788,891)				1,788,891
Other assets less liabilities - 23.0%				535,472
Net Assets - 100.0%				2,324,363

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,267,922	)	11/14/2024	Citibank NA		(4.93	)%	iShares® MSCI EAFE ETF		(28,337	)
(918,825	)	11/14/2024	Goldman Sachs International		(5.38	)%	iShares® MSCI EAFE ETF		32,924
(929,996	)	11/14/2024	Societe Generale		(4.73	)%	iShares® MSCI EAFE ETF		(166,644	)
(1,523,461	)	4/10/2024	UBS AG		(4.93	)%	iShares® MSCI EAFE ETF		(593,334	)
(4,640,204	)								(755,391	)
							Total Unrealized Appreciation		32,924
							Total Unrealized Depreciation		(788,315	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 78.8%
REPURCHASE AGREEMENTS(a) - 78.8%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $5,455,884 (Cost $5,455,085)		5,455,085		5,455,085
Total Investments - 78.8% (Cost $5,455,085)				5,455,085
Other assets less liabilities - 21.2%				1,463,974
Net Assets - 100.0%				6,919,059

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements^a

UltraShort MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(4,514,843	)	11/14/2024	Citibank NA		(4.78	)%	iShares® MSCI Emerging Markets ETF		57,877
(1,471,927	)	11/14/2024	Goldman Sachs International		(4.83	)%	iShares® MSCI Emerging Markets ETF		(55,223	)
(3,559,241	)	11/14/2024	Societe Generale		(3.83	)%	iShares® MSCI Emerging Markets ETF		(144,885	)
(4,282,696	)	3/6/2025	UBS AG		(4.23	)%	iShares® MSCI Emerging Markets ETF		(82,443	)
(13,828,707	)								(224,674	)
							Total Unrealized Appreciation		57,877
							Total Unrealized Depreciation		(282,551	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Japan

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 73.3%
REPURCHASE AGREEMENTS(a) - 73.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,499,425
(Cost $3,498,914)		3,498,914		3,498,914
Total Investments - 73.3% (Cost $3,498,914)				3,498,914
Other assets less liabilities - 26.7%				1,272,663
Net Assets - 100.0%				4,771,577

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Reference Instrument	Value and Unrealized Depreciation ($)
(4,561,120	)	4/10/2024	Bank of America NA		(4.88	)%	iShares® MSCI Japan ETF		(811,087	)
(1,145,306	)	11/14/2024	Morgan Stanley & Co. International plc		(4.78	)%	iShares® MSCI Japan ETF		(61,087	)
(1,649,634	)	11/14/2024	Societe Generale		(4.38	)%	iShares® MSCI Japan ETF		(235,124	)
(2,176,503	)	11/14/2024	UBS AG		(4.68	)%	iShares® MSCI Japan ETF		(205,715	)
(9,532,563	)								(1,313,013	)
							Total Unrealized Depreciation		(1,313,013	)

^a In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.

^b Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^c Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Nasdaq Biotechnology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 56.6%
REPURCHASE AGREEMENTS(a) - 56.6%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,589,265
(Cost $2,588,886)		2,588,886		2,588,886
Total Investments - 56.6% (Cost $2,588,886)				2,588,886
Other assets less liabilities - 43.4%				1,982,801
Net Assets - 100.0%				4,571,687

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,929,799	)	3/6/2025	Bank of America NA		(5.08	)%	NASDAQ Biotechnology Index®		110,088
(1,761,096	)	11/6/2023	BNP Paribas SA		(5.13	)%	NASDAQ Biotechnology Index®		(1,285,648	)
(1,477,181	)	3/6/2025	Citibank NA		(4.33	)%	NASDAQ Biotechnology Index®		(29,065	)
(1,078,054	)	3/6/2024	Morgan Stanley & Co. International plc		(4.78	)%	NASDAQ Biotechnology Index®		16,997
(2,670,447	)	11/14/2024	Societe Generale		(5.38	)%	NASDAQ Biotechnology Index®		10,687
(218,079	)	11/6/2023	UBS AG		(4.33	)%	NASDAQ Biotechnology Index®		1,276,487
(9,134,656	)								99,546
							Total Unrealized Appreciation		1,414,259
							Total Unrealized Depreciation		(1,314,713	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 118.0%
REPURCHASE AGREEMENTS(a) - 21.3%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $97,382,130
(Cost $97,367,857)		97,367,857		97,367,857
U.S. TREASURY OBLIGATIONS(b) - 96.7%
U.S. Treasury Bills
4.66%, 9/14/2023(c)		50,000,000		49,905,434
5.23%, 9/19/2023(c)		50,000,000		49,868,250
4.76%, 9/21/2023(c)		75,000,000		74,780,625
5.30%, 10/3/2023(c)		25,000,000		24,882,778
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.22%, 11/2/2023(c)		25,000,000		24,772,882
5.20%, 11/9/2023(c)		25,000,000		24,746,940
5.34%, 11/21/2023(c)		35,000,000		34,584,790
5.38%, 11/24/2023(c)		60,000,000		59,256,926
5.39%, 12/5/2023(c)		25,000,000		24,650,925
5.35%, 1/4/2024(c)		25,000,000		24,541,450
TOTAL U.S. TREASURY OBLIGATIONS (Cost $441,784,961)				441,689,337
TOTAL SHORT-TERM INVESTMENTS (Cost $539,152,818)				539,057,194
Total Investments - 118.0%  (Cost $539,152,818)				539,057,194
Liabilities in excess of other assets - (18.0%)				(82,386,381	)
Net Assets - 100.0%				456,670,813

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $166,780,910.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraShort QQQ

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort QQQ had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
NASDAQ 100 E-Mini Index	109	9/15/2023	U.S. Dollar	$	33,873,930	$	(52,132	)

Swap Agreements

UltraShort QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(155,181,212	)	11/14/2024	Bank of America NA		(5.68	)%	NASDAQ-100 Index®		(24,884,584	)
(39,357,217	)	11/6/2023	Barclays Capital		(5.53	)%	NASDAQ-100 Index®		(53,846,120	)
(107,313,908	)	11/14/2024	BNP Paribas SA		(5.68	)%	NASDAQ-100 Index®		(26,204,868	)
(125,233,144	)	3/6/2025	Citibank NA		(5.81	)%	NASDAQ-100 Index®		(27,030,336	)
(85,550,405	)	11/7/2024	Goldman Sachs International		(5.68	)%	NASDAQ-100 Index®		(12,565,489	)
(115,048,941	)	11/7/2023	J.P. Morgan Securities		(5.48	)%	NASDAQ-100 Index®		(26,925,120	)
(86,557,975	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	NASDAQ-100 Index®		2,274,886
(65,259,505	)	4/8/2024	Societe Generale		(5.98	)%	NASDAQ-100 Index®		(45,106,703	)
(100,024,359	)	11/7/2024	UBS AG		(5.48	)%	NASDAQ-100 Index®		(26,886,022	)
(879,526,666	)								(241,174,356	)
							Total Unrealized Appreciation		2,274,886
							Total Unrealized Depreciation		(243,449,242	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Real Estate

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 90.7%
REPURCHASE AGREEMENTS(a) - 90.7%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $53,643,998
(Cost $53,636,135)		53,636,135		53,636,135
Total Investments - 90.7% (Cost $53,636,135)				53,636,135
Other assets less liabilities - 9.3%				5,523,125
Net Assets - 100.0%				59,159,260

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Real Estate

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Swap Agreements

UltraShort Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(65,171,387	)	3/6/2025	Bank of America NA		(5.68	)%	S&P Real Estate Select Sector index		(936,322	)
(36,791,684	)	3/6/2025	BNP Paribas SA		(5.53	)%	S&P Real Estate Select Sector index		(2,334,693	)
(1,601,737	)	4/7/2025	Citibank NA		(5.23	)%	S&P Real Estate Select Sector index		19,597
(4,630,609	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Real Estate Select Sector index		(687,815	)
(6,735,465	)	3/6/2025	Societe Generale		(5.58	)%	S&P Real Estate Select Sector index		(58,041	)
(3,212,913	)	3/6/2025	UBS AG		(4.98	)%	S&P Real Estate Select Sector index		(300,807	)
(118,143,795	)								(4,298,081	)
							Total Unrealized Appreciation		19,597
							Total Unrealized Depreciation		(4,317,678	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 94.7%
REPURCHASE AGREEMENTS(a) - 51.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $59,316,720
(Cost $59,308,026)		59,308,026		59,308,026
U.S. TREASURY OBLIGATIONS(b) - 43.2%
U.S. Treasury Bills
4.68%, 9/7/2023(c)		25,000,000		24,978,047
5.22%, 11/2/2023(c)		25,000,000		24,772,882
TOTAL U.S. TREASURY OBLIGATIONS (Cost $49,761,396)				49,750,929
TOTAL SHORT-TERM INVESTMENTS (Cost $109,069,422)				109,058,955
Total Investments - 94.7% (Cost $109,069,422)				109,058,955
Other assets less liabilities - 5.3%				6,147,535
Net Assets - 100.0%				115,206,490

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,939,523.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraShort Russell2000

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort Russell2000 had the following open short futures contracts as of August 31, 2023:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	28	9/15/2023	U.S. Dollar	$	2,662,240	$	84,939

Swap Agreements

UltraShort Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(19,097,483	)	3/6/2024	Bank of America NA		(4.98	)%	Russell 2000® Index		(2,514,864	)
	(29,720,494	)	11/6/2023	Barclays Capital		(5.43	)%	Russell 2000® Index		(5,109,406	)
	(21,530,973	)	2/11/2025	BNP Paribas SA		(5.18	)%	Russell 2000® Index		(2,368,085	)
	(12,551,186	)	3/6/2025	Citibank NA		(5.14	)%	Russell 2000® Index		(1,049,582	)
	(3,601,793	)	11/7/2024	Goldman Sachs International		(5.33	)%	Russell 2000® Index		215,122
	(44,845,746	)	11/6/2023	Morgan Stanley & Co. International plc		(5.03	)%	Russell 2000® Index		(2,061,152	)
	(21,793,805	)	11/6/2023	Morgan Stanley & Co. International plc		(5.03	)%	iShares® Russell 2000 ETF		(989,373	)
	(41,350,334	)	11/6/2023	Societe Generale		(5.18	)%	Russell 2000® Index		(16,249,023	)
	(33,303,015	)	11/7/2024	UBS AG		(4.83	)%	Russell 2000® Index		585,096
	(227,794,829	)								(29,541,267	)
								Total Unrealized Appreciation		800,218
								Total Unrealized Depreciation		(30,341,485	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 124.2%
REPURCHASE AGREEMENTS(a) - 34.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $297,420,917
(Cost $297,377,323)		297,377,323		297,377,323
U.S. TREASURY OBLIGATIONS(b) - 90.2%
U.S. Treasury Bills
5.10%, 9/5/2023(c)		25,000,000		24,985,507
4.84%, 9/7/2023(c)		50,000,000		49,956,094
5.02%, 9/12/2023(c)		25,000,000		24,959,877
4.66%, 9/14/2023(c)		75,000,000		74,858,151
5.23%, 9/19/2023(c)		50,000,000		49,868,250
4.74%, 9/21/2023(c)		100,000,000		99,707,500
4.80%, 9/28/2023(c)		25,000,000		24,901,141
5.30%, 10/3/2023(c)		25,000,000		24,882,778
4.84%, 10/12/2023(c)		50,000,000		49,698,337
5.32%, 10/26/2023(c)		50,000,000		49,595,903
5.22%, 11/2/2023(c)		75,000,000		74,318,646
5.20%, 11/9/2023(c)		25,000,000		24,746,940
5.34%, 11/21/2023(c)		35,000,000		34,584,790
5.38%, 11/24/2023(c)		50,000,000		49,380,772
5.39%, 12/5/2023(c)		35,000,000		34,511,294
5.36%, 12/7/2023(c)		25,000,000		24,646,062
5.38%, 12/12/2023(c)		35,000,000		34,474,540
5.35%, 1/4/2024(c)		40,000,000		39,266,320
TOTAL U.S. TREASURY OBLIGATIONS (Cost $789,494,102)				789,342,902
TOTAL SHORT-TERM INVESTMENTS (Cost $1,086,871,425)				1,086,720,225
Total Investments - 124.2% (Cost $1,086,871,425)				1,086,720,225
Liabilities in excess of other assets - (24.2%)				(211,587,869	)
Net Assets - 100.0%				875,132,356

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $355,074,198.
(c)	The rate shown was the current yield as of August 31, 2023.

UltraShort S&P500^®

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Futures Contracts Sold

UltraShort S&P500^® had the following open short futures contracts as of August 31, 2023:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index	144	9/15/2023	U.S. Dollar	$	32,515,200	$	(364,741	)

Swap Agreements

UltraShort S&P500^® had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(141,892,122	)	3/6/2025	Bank of America NA		(5.63	)%	S&P 500®		(13,775,607	)
	(245,626,901	)	2/11/2025	BNP Paribas SA		(5.63	)%	S&P 500®		(20,691,818	)
	(270,617,368	)	4/8/2024	Citibank NA		(5.81	)%	S&P 500®		(65,491,200	)
	(223,575,428	)	11/7/2024	Goldman Sachs International		(5.68	)%	S&P 500®		(40,929,123	)
	(232,762,039	)	3/6/2024	J.P. Morgan Securities		(5.48	)%	S&P 500®		(56,099,039	)
	(148,108,185	)	4/10/2025	Morgan Stanley & Co. International plc		(5.13	)%	S&P 500®		2,253,200
	(187,775,593	)	11/14/2024	Societe Generale		(5.68	)%	S&P 500®		(29,236,431	)
	(267,514,565	)	11/7/2024	UBS AG		(5.48	)%	S&P 500®		(27,414,630	)
	(1,717,872,201	)								(251,384,648	)
								Total Unrealized Appreciation		2,253,200
								Total Unrealized Depreciation		(253,637,848	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Semiconductors

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 106.9%
REPURCHASE AGREEMENTS(a) - 106.9%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $7,043,181
(Cost $7,042,150)		7,042,150		7,042,150
Total Investments - 106.9% (Cost $7,042,150)				7,042,150
Liabilities in excess of other assets - (6.9%)				(451,619	)
Net Assets - 100.0%				6,590,531

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(4,834,293	)	3/6/2025	Bank of America NA		(5.53	)%	Dow Jones U.S. SemiconductorsSM Indexc		(971,250	)
(1,587,380	)	11/6/2023	BNP Paribas SA		(5.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		(1,522,450	)
(731,844	)	3/6/2024	Goldman Sachs International		(5.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		(481,404	)
(1,979,071	)	3/6/2025	J.P. Morgan Securities		(5.53	)%	Dow Jones U.S. SemiconductorsSM Indexc		(1,217,480	)
(1,597,687	)	4/7/2025	Morgan Stanley & Co. International plc		(4.98	)%	Dow Jones U.S. SemiconductorsSM Indexc		208,015
(803,997	)	11/14/2024	Societe Generale		(5.53	)%	Dow Jones U.S. SemiconductorsSM Indexc		(589,512	)
(1,628,610	)	3/6/2024	UBS AG		(5.43	)%	Dow Jones U.S. SemiconductorsSM Indexc		(1,436,011	)
(13,162,882	)								(6,010,092	)
							Total Unrealized Appreciation		208,015
							Total Unrealized Depreciation		(6,218,107	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Semiconductors for the components of the underlying reference instrument and their relative weightings.

UltraShort SmallCap600

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 90.5%
REPURCHASE AGREEMENTS(a) - 90.5%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $2,896,832
(Cost $2,896,408)		2,896,408		2,896,408
Total Investments - 90.5% (Cost $2,896,408)				2,896,408
Other assets less liabilities - 9.5%				304,808
Net Assets - 100.0%				3,201,216

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(1,210,941	)	3/6/2024	Bank of America NA		(5.53	)%	S&P SmallCap 600®		(154,834	)
(1,090,705	)	3/6/2024	Morgan Stanley & Co. International plc		(4.98	)%	S&P SmallCap 600®		(52,785	)
(2,159,326	)	3/6/2025	Societe Generale		(5.18	)%	S&P SmallCap 600®		(55,424	)
(1,940,940	)	11/7/2024	UBS AG		(5.18	)%	S&P SmallCap 600®		34,777
(6,401,912	)								(228,266	)
							Total Unrealized Appreciation		34,777
							Total Unrealized Depreciation		(263,043	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Technology

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 100.4%
REPURCHASE AGREEMENTS(a) - 100.4%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $3,857,791
(Cost $3,857,226)		3,857,226		3,857,226
Total Investments - 100.4% (Cost $3,857,226)				3,857,226
Liabilities in excess of other assets - (0.4%)				(14,729	)
Net Assets - 100.0%				3,842,497

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Technology had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Depreciation ($)
(930,830	)	3/6/2025	Bank of America NA		(5.53	)%	S&P Technology Select Sector Indexc		(182,584	)
(3,267,618	)	3/6/2025	BNP Paribas SA		(5.53	)%	S&P Technology Select Sector Indexc		(637,755	)
(45,923	)	4/7/2025	Citibank NA		(5.18	)%	S&P Technology Select Sector Indexc		(5,703	)
(828,385	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Technology Select Sector Indexc		(188,509	)
(754,201	)	3/6/2025	J.P. Morgan Securities		(5.48	)%	S&P Technology Select Sector Indexc		(4,700	)
(989,117	)	3/6/2025	Societe Generale		(5.43	)%	S&P Technology Select Sector Indexc		(638,779	)
(863,711	)	3/6/2025	UBS AG		(5.18	)%	S&P Technology Select Sector Indexc		(526,089	)
(7,679,785	)								(2,184,119	)
							Total Unrealized Depreciation		(2,184,119	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Technology for the components of the underlying reference instrument and their relative weightings.

UltraShort Utilities

Schedule of Portfolio Investments

August 31, 2023 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 64.0%
REPURCHASE AGREEMENTS(a) - 64.0%
Repurchase Agreements with various counterparties, rates 5.15% - 5.29%, dated 8/31/2023, due 9/1/2023, total to be received $1,729,454
(Cost $1,729,202)		1,729,202		1,729,202
Total Investments - 64.0% (Cost $1,729,202)				1,729,202
Other assets less liabilities - 36.0%				974,571
Net Assets - 100.0%				2,703,773

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2023:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Reference Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(906,553	)	3/6/2025	Bank of America NA		(5.13	)%	S&P Utilities Select Sector Indexc		41,855
(2,947,088	)	3/6/2025	Goldman Sachs International		(5.43	)%	S&P Utilities Select Sector Indexc		71,018
(708,898	)	3/6/2025	Societe Generale		(5.43	)%	S&P Utilities Select Sector Indexc		(8,716	)
(833,066	)	3/6/2025	UBS AG		(5.08	)%	S&P Utilities Select Sector Indexc		32,815
(5,395,605	)								136,972
							Total Unrealized Appreciation		145,688
							Total Unrealized Depreciation		(8,716	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2023, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Utilities for the components of the underlying reference instrument and their relative weightings.

ProShares Trust

Notes to Schedules of portfolio investments

AUGUST 31, 2023 (UNAUDITED)

Repurchase Agreements

Each of the Funds may enter into repurchase agreements. Repurchase agreements are primarily used by the Funds as short-term investments for cash positions. Under a repurchase agreement, a Fund purchases one or more debt securities and simultaneously agrees to sell those securities back to the seller at a mutually agreed-upon future price and date, normally one day or a few days later. The resale price is greater than the purchase price, reflecting an agreed-upon market interest rate during the purchaser’s holding period. While the maturities of the underlying securities in repurchase transactions may be more than one year, the term of each repurchase agreement will always be less than one year. The Funds follow certain procedures designed to minimize the risks inherent in such agreements. These procedures include effecting repurchase transactions generally with major global financial institutions whose creditworthiness is continuously monitored by the Advisor. In addition, the value of the collateral underlying the repurchase agreement is required to be at least equal to the repurchase price, including any accrued interest income earned on the repurchase agreement. The Funds may invest in repurchase agreements through joint account arrangements; in such cases, each Fund holds a pro rata share of the collateral and interest income based upon the dollar amount of the repurchase agreements entered into by each Fund. The collateral underlying the repurchase agreement is held by the Fund’s custodian. A repurchase agreement is subject to the risk that the counterparty to the repurchase agreement that sells the securities may default on its obligation to repurchase them. In this circumstance, a Fund may lose money because it may not be able to sell the securities at the agreed upon time and price, the securities may lose value before they can be sold, the selling institution may declare bankruptcy or the Fund may have difficulty exercising rights to the collateral. During periods of high demand for repurchase agreements, the Funds may be unable to invest available cash in these instruments to the extent desired by the Advisor.

On August 31, 2023, the Funds had interest in joint repurchase agreements with the following counterparties, for the time periods and rates indicated. Amounts shown in the table below represent Principal Amount, Cost and Value for each respective repurchase agreement.

Fund Name	Bank of America Securities, Inc., 5.28%, dated 08/31/2023 due 09/01/2023(a)		Barclays Capital, Inc.,  5.15%, dated 08/31/2023 due 09/01/2023(b)		Barclays Capital, Inc.,  5.28%, dated 08/31/2023 due 09/01/2023(c)		BNP Paribas Securities Corp., 5.25%, dated 08/31/2023 due 09/01/2023(d)		BNP Paribas Securities Corp., 5.28%, dated 08/31/2023 due 09/01/2023(e)		ING Financial Markets LLC, 5.29%, dated 08/31/2023 due 09/01/2023(f)		Total
Short 7-10 Year Treasury	$	3,729,823	$	110,513	$	4,812,140	$	2,762,832	$	11,327,610	$	3,066,743	$	25,809,661
Short 20+ Year Treasury		15,183,592		449,884		19,589,554		11,247,105		46,113,129		12,484,285		105,067,549
Short Dow30SM		8,341,155		247,145		10,761,585		6,178,633		25,332,397		6,858,283		57,719,198
Short Financials		3,669,009		108,711		4,733,679		2,717,784		11,142,916		3,016,741		25,388,840
Short FTSE China 50		914,616		27,100		1,180,019		677,493		2,777,723		752,018		6,328,969
Short High Yield		9,924,892		294,071		12,804,890		7,351,772		30,142,268		8,160,468		68,678,361
Short MidCap400		1,323,107		39,204		1,707,045		980,079		4,018,325		1,087,888		9,155,648
Short MSCI EAFE		4,600,468		136,310		5,935,427		3,407,754		13,971,789		3,782,607		31,834,355
Short MSCI Emerging Markets		3,357,155		99,471		4,331,331		2,486,781		10,195,803		2,760,327		23,230,868
Short QQQ		42,318,432		1,253,880		54,598,360		31,346,987		128,522,645		34,795,155		292,835,459
Short Real Estate		5,254,880		155,700		6,779,737		3,892,504		15,959,267		4,320,680		36,362,768
Short Russell2000		2,209,839		65,476		2,851,087		1,636,918		6,711,364		1,816,979		15,291,663
Short S&P500®		50,787,413		1,504,813		65,524,863		37,620,306		154,243,255		41,758,539		351,439,189
Short SmallCap600		1,622,261		48,067		2,093,008		1,201,675		4,926,869		1,333,860		11,225,740
Ultra 7-10 Year Treasury		1,674,444		49,613		2,160,333		1,240,329		5,085,348		1,376,764		11,586,831
Ultra 20+ Year Treasury		8,357,252		247,622		10,782,352		6,190,557		25,381,282		6,871,518		57,830,583
Ultra Communication Services		11,768		349		15,184		8,717		35,741		9,677		81,436
Ultra Consumer Discretionary		15,317		454		19,763		11,346		46,521		12,594		105,995
Ultra Consumer Staples		103,326		3,061		133,308		76,537		313,800		84,955		714,987
Ultra Dow30SM		4,354,520		129,023		5,618,111		3,225,570		13,224,839		3,580,383		30,132,446
Ultra Energy		366,791		10,868		473,227		271,697		1,113,956		301,583		2,538,122
Ultra Financials		1,328,096		39,351		1,713,482		983,775		4,033,476		1,091,990		9,190,170
Ultra FTSE China 50		1,187,677		35,190		1,532,316		879,761		3,607,018		976,535		8,218,497
Ultra FTSE Europe		347,306		10,291		448,086		257,264		1,054,781		285,563		2,403,291
Ultra Health Care		1,784,641		52,878		2,302,505		1,321,956		5,420,019		1,467,371		12,349,370
Ultra High Yield		2,857,244		84,660		3,686,357		2,116,477		8,677,556		2,349,290		19,771,584
Ultra Industrials		121,291		3,594		156,487		89,845		368,365		99,728		839,310
Ultra Materials		724,197		21,458		934,345		536,442		2,199,414		595,450		5,011,306
Ultra MidCap400		1,119,356		33,166		1,444,170		829,153		3,399,527		920,361		7,745,733
Ultra MSCI Brazil Capped		496,122		14,700		640,087		367,498		1,506,741		407,923		3,433,071
Ultra MSCI EAFE		776,296		23,001		1,001,561		575,034		2,357,640		638,288		5,371,820
Ultra MSCI Emerging Markets		1,666,019		49,363		2,149,463		1,234,088		5,059,762		1,369,838		11,528,533
Ultra MSCI Japan		464,335		13,758		599,075		343,953		1,410,203		381,787		3,213,111
Ultra Nasdaq Biotechnology		1,385,145		41,041		1,787,085		1,026,033		4,206,736		1,138,896		9,584,936
Ultra Nasdaq Cloud Computing		31,354		929		40,452		23,226		95,224		25,780		216,965
Ultra Nasdaq Cybersecurity		138,981		4,118		179,311		102,949		422,091		114,273		961,723
Ultra QQQ		6,035,413		178,828		7,786,763		4,470,676		18,329,771		4,962,450		41,763,901
Ultra Real Estate		879,851		26,070		1,135,167		651,741		2,672,139		723,432		6,088,400
Ultra Russell2000		1,879,392		55,686		2,424,752		1,392,142		5,707,782		1,545,277		13,005,031
Ultra S&P500®		28,573,537		846,624		36,864,983		21,165,583		86,778,892		23,493,798		197,723,417
Ultra Semiconductors		3,023,239		89,577		3,900,520		2,239,436		9,181,689		2,485,774		20,920,235
Ultra SmallCap600		479,744		14,215		618,957		355,367		1,457,003		394,457		3,319,743
Ultra Technology		2,565,077		76,003		3,309,410		1,900,057		7,790,235		2,109,064		17,749,846
Ultra Utilities		148,211		4,391		191,219		109,786		450,124		121,863		1,025,594
UltraPro Dow30SM		558,398		16,545		720,433		413,628		1,695,875		459,127		3,864,006
UltraPro MidCap400		135,547		4,016		174,879		100,405		411,659		111,449		937,955
UltraPro QQQ		77,509,537		2,296,579		100,001,192		57,414,472		235,399,335		63,730,065		536,351,180
UltraPro Russell2000		1,569,730		46,510		2,025,234		1,162,763		4,767,330		1,290,668		10,862,235
UltraPro S&P500®		9,393		278		12,119		6,958		28,528		7,724		65,000
UltraPro Short 20+ Year Treasury		267,549		7,927		345,186		198,184		812,556		219,985		1,851,387
UltraPro Short Dow30SM		12,936,857		383,314		16,690,863		9,582,857		39,289,712		10,636,971		89,520,574
UltraPro Short MidCap400		583,362		17,285		752,642		432,120		1,771,692		479,654		4,036,755
UltraPro Short QQQ		129,810,653		3,846,241		167,479,001		96,156,039		394,239,759		106,733,203		898,264,896
UltraPro Short Russell2000		14,121,702		418,421		18,219,526		10,460,520		42,888,132		11,611,177		97,719,478
UltraPro Short S&P500®		51,084,833		1,513,626		65,908,588		37,840,617		155,146,531		42,003,086		353,497,281
UltraShort 7-10 Year Treasury		3,349,150		99,234		4,321,005		2,480,853		10,171,496		2,753,747		23,175,485
UltraShort 20+ Year Treasury		6,937,398		205,553		8,950,486		5,138,812		21,069,134		5,704,083		48,005,466
UltraShort Consumer Discretionary		200,609		5,944		258,821		148,599		609,257		164,944		1,388,174
UltraShort Consumer Staples		146,648		4,345		189,200		108,628		445,375		120,577		1,014,773
UltraShort Dow30SM		7,962,053		235,913		10,272,474		5,897,817		24,181,048		6,546,576		55,095,881
UltraShort Energy		3,144,382		93,167		4,056,816		2,329,172		9,549,603		2,585,380		21,758,520
UltraShort Financials		2,342,155		69,397		3,021,800		1,734,930		7,113,213		1,925,772		16,207,267
UltraShort FTSE China 50		2,142,947		63,495		2,764,786		1,587,368		6,508,210		1,761,979		14,828,785
UltraShort FTSE Europe		5,609,693		166,212		7,237,507		4,155,328		17,036,843		4,612,414		38,817,997
UltraShort Health Care		101,429		3,005		130,861		75,133		308,044		83,397		701,869
UltraShort Industrials		351,773		10,423		453,850		260,572		1,068,345		289,235		2,434,198
UltraShort Materials		259,673		7,694		335,024		192,350		788,637		213,509		1,796,887
UltraShort MidCap400		307,936		9,124		397,293		228,100		935,212		253,191		2,130,856
UltraShort MSCI Brazil Capped		1,085,633		32,167		1,400,661		804,173		3,297,108		892,631		7,512,373
UltraShort MSCI EAFE		258,517		7,660		333,534		191,494		785,128		212,558		1,788,891
UltraShort MSCI Emerging Markets		788,329		23,358		1,017,086		583,948		2,394,183		648,181		5,455,085
UltraShort MSCI Japan		505,637		14,982		652,362		374,546		1,535,640		415,747		3,498,914
UltraShort Nasdaq Biotechnology		374,127		11,086		482,691		277,131		1,136,236		307,615		2,588,886
UltraShort QQQ		14,070,888		416,915		18,153,967		10,422,881		42,733,809		11,569,397		97,367,857
UltraShort Real Estate		7,751,102		229,662		10,000,308		5,741,556		23,540,380		6,373,127		53,636,135
UltraShort Russell2000		8,570,761		253,948		11,057,817		6,348,712		26,029,718		7,047,070		59,308,026
UltraShort S&P500®		42,974,789		1,273,328		55,445,178		31,833,177		130,516,025		35,334,826		297,377,323
UltraShort Semiconductors		1,017,680		30,153		1,312,989		753,837		3,090,732		836,759		7,042,150
UltraShort SmallCap600		418,568		12,402		540,027		310,050		1,271,205		344,156		2,896,408
UltraShort Technology		557,418		16,516		719,169		412,903		1,692,898		458,322		3,857,226
UltraShort Utilities		249,892		7,404		322,405		185,105		758,930		205,466		1,729,202
	$	626,199,332	$	18,554,056	$	807,909,336	$	463,851,356	$	1,901,790,553	$	514,875,003	$	4,333,179,636

Each Repurchase Agreement was fully collateralized by U.S. government and/or agency securities at August 31, 2023 as follows:

^(a)  U.S. Treasury Bonds, 1.88% to 4%, due 11/15/2042 to 11/15/2052; U.S. Treasury Notes, 0.63% to 1.38%, due 1/15/2026 to 7/15/2033 which had an aggregate value at the Trust level of $688,500,122.

^(b)  U.S. Treasury Notes, 3.5%, due 2/15/2033, which had an aggregate value at the Trust level of $20,400,041.

^(c)  U.S. Treasury Notes, 0.63% to 3.50%, due 5/15/2025 to 2/15/2032, which had an aggregate value at the Trust level of $888,288,410.

^(d)  U.S. Treasury Bills, 0%, due 10/17/2023 to 7/11/2024; U.S. Treasury Bonds, 0% to 3.38%, due 11/15/2023 to 2/15/2053; U.S. Treasury Notes, 0.13% to 4.38%, due 4/15/2025 to 1/15/2032, which had an aggregate value at the Trust level of $510,000,002.

^(e)  U.S. Treasury Bonds, 0% to 6.25%, due 4/15/2028 to 2/15/2051; U.S. Treasury Notes, 0.38% to 5.61%, due 1/31/2025 to 1/15/2029; which had an aggregate value at the Trust level of $2,091,000,025.

^(f)  Federal Home Loan Bank, 0% to 5.36%, due 2/7/2024 to 8/8/2030; Federal Home Loan Mortgage Corp., 0% to 5%, due 10/30/2024 to 3/15/2031; Federal National Mortgage Association, 6.63%, due 11/15/2030; U.S. Treasury Bills, 0%, due 9/19/2023 to 2/22/2024; U.S. Treasury Bills, 0%, due 9/19/2023 to 1/25/2024; U.S. Treasury Bonds, 0.75% to 4.25%, due 5/15/2039 to 2/15/2052; U.S. Treasury Notes, 0.25% to 4.75%, due 8/15/2024 to 2/15/2033, which had an aggregate value at the Trust level of $566,100,577.