ALPS ETF Trust

Schedules of Investments

(Unaudited)

August 31, 2023 

Alerian Energy Infrastructure ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
CANADIAN ENERGY INFRASTRUCTURE COMPANIES (25.00%)
Gathering + Processing (4.89%)
Keyera Corp.(a)		242,834	$	5,998,963
Pipeline Transportation | Natural Gas (4.60%)
TC Energy Corp.(a)		156,353		5,646,852
Pipeline Transportation | Petroleum (13.53%)
Enbridge, Inc.		310,803		10,912,148
Pembina Pipeline Corp.		182,852		5,683,677
Total Pipeline Transportation | Petroleum				16,595,825
Storage (1.98%)
Gibson Energy, Inc.		161,322		2,426,038
TOTAL CANADIAN ENERGY INFRASTRUCTURE COMPANIES
(Cost $33,713,337)				30,667,678

Security Description	Shares		Value
EXCHANGE TRADED FUND (0.78%)
Exchange Traded Fund (0.78%)
Energy Select Sector SPDR Fund		10,800		960,336
TOTAL EXCHANGE TRADED FUND
(Cost $960,417)				960,336

Security Description	Shares		Value
U.S. ENERGY INFRASTRUCTURE COMPANIES (30.85%)
Gathering + Processing (11.04%)
Kinetik Holdings, Inc.		13,049		458,150
ONEOK, Inc.		92,123		6,006,420
Targa Resources Corp.		82,182		7,088,197
Total Gathering + Processing				13,552,767
Liquefaction (6.18%)
Cheniere Energy, Inc.		40,312		6,578,919
NextDecade Corp.(a)(b)		53,548		325,036
Tellurian, Inc.(a)(b)		601,575		673,764
Total Liquefaction				7,577,719
Pipeline Transportation | Natural Gas (13.63%)
DT Midstream, Inc.		110,412		5,773,444
Equitrans Midstream Corp.		525,785		5,047,536

Security Description	Shares		Value
Pipeline Transportation | Natural Gas (continued)
Kinder Morgan, Inc.		342,896	$	5,904,669
Total Pipeline Transportation | Natural Gas				16,725,649
TOTAL U.S. ENERGY INFRASTRUCTURE COMPANIES
(Cost $33,556,669)				37,856,135

Security Description	Shares		Value
U.S. ENERGY INFRASTRUCTURE MLPS (26.22%)
Gathering + Processing (5.92%)
Crestwood Equity Partners LP		23,814		681,080
Hess Midstream LP, Class A		63,567		1,837,086
MPLX LP		95,741		3,340,404
Western Midstream Partners LP		52,646		1,405,122
Total Gathering + Processing				7,263,692
Pipeline Transportation | Natural Gas (16.71%)
Energy Transfer LP		748,710		10,085,123
Enterprise Products Partners LP		391,349		10,413,797
Total Pipeline Transportation | Natural Gas				20,498,920
Pipeline Transportation | Petroleum (3.59%)
Genesis Energy LP		17,118		169,297
Holly Energy Partners LP		6,613		140,857
Magellan Midstream Partners LP		54,742		3,635,964
NuStar Energy LP		27,132		454,732
Total Pipeline Transportation | Petroleum				4,400,850
TOTAL U.S. ENERGY INFRASTRUCTURE MLPS
(Cost $28,548,081)				32,163,462

Security Description	Shares		Value
U.S. GENERAL PARTNERS (16.83%)
Gathering + Processing (11.50%)
Antero Midstream Corp.		341,332		4,136,944
EnLink Midstream LLC		281,567		3,502,693
The Williams Cos., Inc.		187,354		6,469,334
Total Gathering + Processing				14,108,971
Pipeline Transportation | Petroleum (5.33%)
Plains GP Holdings LP, Class A		407,903		6,542,764
TOTAL U.S. GENERAL PARTNERS
(Cost $16,010,883)				20,651,735

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (9.68%)
Money Market Fund (0.21%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $256,017)		5.28	%		256,017	$	256,017
Investments Purchased with Collateral from Securities Loaned (9.47%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $11,623,324)					11,623,324	$	11,623,324
TOTAL SHORT TERM INVESTMENTS
(Cost $11,879,341)							11,879,341
TOTAL INVESTMENTS (109.36%)
(Cost $124,668,728)						$	134,178,687
LIABILITIES IN EXCESS OF OTHER ASSETS (-9.36%)							(11,486,826	)
NET ASSETS - 100.00%						$	122,691,861

(a)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $11,316,926.
(b)	Non-income producing security.

See Notes to Quarterly Schedule of Investments. 

Alerian MLP ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (105.25%)
Gathering + Processing (27.94%)
Crestwood Equity Partners LP(a)		13,548,476	$	387,486,414
EnLink Midstream LLC(a)		38,166,340		474,789,270
Hess Midstream LP, Class A		8,616,235		249,009,191
Western Midstream Partners LP(a)		29,951,629		799,408,978
Total Gathering + Processing				1,910,693,853
Liquefaction (4.73%)
Cheniere Energy Partners LP		6,231,094		323,393,779
Pipeline Transportation | Natural Gas (24.71%)
Energy Transfer LP		63,724,276		858,365,997
Enterprise Products Partners LP		31,232,152		831,087,565
Total Pipeline Transportation | Natural Gas				1,689,453,562
Pipeline Transportation | Petroleum (47.87%)
Delek Logistics Partners LP		1,373,736		57,353,478
Genesis Energy LP(a)		16,796,588		166,118,255
Holly Energy Partners LP(a)		7,052,559		150,219,507
Magellan Midstream Partners LP(a)		13,338,883		885,968,609
MPLX LP		24,330,780		848,900,914
NuStar Energy LP(a)		15,437,427		258,731,277
Plains All American Pipeline LP(a)		59,436,032		906,399,488
Total Pipeline Transportation | Petroleum				3,273,691,528
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $3,486,921,164)				7,197,232,722

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.03%)
Money Market Fund (0.03%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		2,304,996		2,304,996
TOTAL SHORT TERM INVESTMENTS
(Cost $2,304,996)							2,304,996
TOTAL INVESTMENTS (105.28%)
(Cost $3,489,226,160)						$	7,199,537,718
LIABILITIES IN EXCESS OF OTHER ASSETS (-5.28%)							(361,012,996	)
NET ASSETS - 100.00%						$	6,838,524,722

^(a) Affiliated Company. See Note 6 in Notes to Quarterly Schedule of Investments.

See Notes to Quarterly Schedule of Investments.

ALPS Active Equity Opportunity ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (93.07%)
Communication Services (7.78%)
Alphabet, Inc., Class A(a)		5,291	$	720,476
AT&T, Inc.		10,504		155,354
Meta Platforms, Inc., Class A(a)		2,151		636,459
Walt Disney Co.(a)		3,650		305,432
Total Communication Services				1,817,721
Consumer Discretionary (9.96%)
Amazon.com, Inc.(a)		3,826		528,026
Lowe's Cos., Inc.		2,028		467,414
Marriott International, Inc., Class A		2,120		431,441
McDonald's Corp.		1,555		437,188
NIKE, Inc., Class B		1,670		169,856
O'Reilly Automotive, Inc.(a)		313		294,126
Total Consumer Discretionary				2,328,051
Consumer Staples (7.08%)
Campbell Soup Co.		3,770		157,209
Coca-Cola Co.		5,095		304,834
Costco Wholesale Corp.		829		455,353
Estee Lauder Cos., Inc., Class A		619		99,368
Target Corp.		1,190		150,594
Walmart, Inc.		2,990		486,204
Total Consumer Staples				1,653,562
Energy (7.47%)
Baker Hughes Co.		8,291		300,051
BP PLC, Sponsored ADR		8,142		302,720
ConocoPhillips		6,170		734,415
Enbridge, Inc.(b)		11,600		406,928
Total Energy				1,744,114
Financials (10.60%)
American Express Co.		2,199		347,420
Intercontinental Exchange, Inc.		3,165		373,438
JPMorgan Chase & Co.		4,961		725,943
LPL Financial Holdings Inc.		873		201,305
Mastercard, Inc., Class A		1,162		479,488
Wells Fargo & Co.		8,460		349,314
Total Financials				2,476,908
Health Care (11.22%)
Boston Scientific Corp.(a)		6,063		327,038
Bristol-Myers Squibb Co.		3,405		209,918
HCA Healthcare, Inc.		1,195		331,373
IQVIA Holdings, Inc.(a)		1,249		278,065
Pfizer, Inc.		5,164		182,702
Thermo Fisher Scientific, Inc.		686		382,171
UnitedHealth Group, Inc.		1,146		546,161
Vertex Pharmaceuticals, Inc.(a)		1,044		363,667
Total Health Care				2,621,095
Industrials (10.35%)
Caterpillar, Inc.		1,480		416,072

Security Description	Shares		Value
Industrials (continued)
Deere & Co.		1,000	$	410,940
Lockheed Martin Corp.		807		361,819
Old Dominion Freight Line, Inc.		745		318,391
Schneider Electric SE, ADR(b)		10,370		356,002
Trane Technologies PLC		1,135		232,970
Waste Management, Inc.		2,050		321,399
Total Industrials				2,417,593
Information Technology (23.26%)
Adobe, Inc.(a)		766		428,455
Apple, Inc.		4,067		764,067
DocuSign, Inc.(a)		3,198		160,859
International Business Machines Corp.		780		114,527
Lam Research Corp.		325		228,280
Microsoft Corp.		3,112		1,019,989
Motorola Solutions, Inc.		970		275,063
Nice, Ltd., ADR(a)(b)		783		152,528
NVIDIA Corp.		1,495		737,857
Palantir Technologies, Inc., Class A(a)		10,920		163,582
Synopsys, Inc.(a)		955		438,240
Taiwan Semiconductor Manufacturing Co., Ltd., ADR		2,985		279,307
TE Connectivity, Ltd.		2,150		284,639
Texas Instruments, Inc.		2,301		386,706
Total Information Technology				5,434,099
Materials (3.31%)
Anglo American PLC, ADR		9,895		131,801
Freeport-McMoRan, Inc.		5,105		203,741
Linde PLC		815		315,438
Norsk Hydro ASA, ADR		22,150		123,597
Total Materials				774,577
Real Estate (2.04%)
Equity LifeStyle Properties, Inc.		4,179		279,826
Prologis, Inc.		1,580		196,236
Total Real Estate				476,062
TOTAL COMMON STOCKS
(Cost $19,538,531)				21,743,782

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (8.14%)
Money Market Fund (6.77%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $1,582,571)		5.28	%		1,582,571	$	1,582,571
Investments Purchased with Collateral from Securities Loaned (1.37%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $319,481)					319,481	$	319,481
TOTAL SHORT TERM INVESTMENTS
(Cost $1,902,052)							1,902,052
TOTAL INVESTMENTS (101.21%)
(Cost $21,440,583)						$	23,645,834
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.21%)							(283,513	)
NET ASSETS - 100.00%						$	23,362,321

(a)	Non-income producing security.
(b)	The security, or a portion of the security position is currently on loan. The total market value of securities on loan was $745,630.

See Notes to Quarterly Schedule of Investments. 

ALPS Active REIT ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (98.28%)
Diversified REITs (3.14%)
Broadstone Net Lease, Inc.		20,215	$	326,877
Essential Properties Realty Trust, Inc.		10,406		249,952
Total Diversified REITs				576,829
Health Care REITs (10.34%)
Healthpeak Properties, Inc.		46,369		954,274
Sabra Health Care REIT, Inc.		35,692		447,221
Welltower, Inc.		6,008		497,943
Total Health Care REITs				1,899,438
Hotel & Resort REITs (3.70%)
Host Hotels & Resorts, Inc.		25,458		401,982
Park Hotels & Resorts, Inc.		21,598		277,102
Total Hotel & Resort REITs				679,084
Industrial REITs (16.95%)
First Industrial Realty Trust, Inc.		12,873		668,624
Prologis, Inc.		8,126		1,009,249
Rexford Industrial Realty, Inc.		15,434		825,256
Terreno Realty Corp.		10,029		610,666
Total Industrial REITs				3,113,795
Office REITs (5.91%)
Boston Properties, Inc.		7,401		494,165
Highwoods Properties, Inc.		24,855		592,294
Total Office REITs				1,086,459
Residential REITs (18.51%)
AvalonBay Communities, Inc.		4,949		909,725
Equity Residential		9,919		643,049
Essex Property Trust, Inc.		2,017		480,833
Invitation Homes, Inc.		25,858		881,499
Sun Communities, Inc.		3,968		485,763
Total Residential REITs				3,400,869
Retail REITs (14.80%)
InvenTrust Properties Corp.		16,346		390,833
Realty Income Corp.		15,176		850,463
Regency Centers Corp.		5,644		351,057
Simon Property Group, Inc.		9,921		1,125,934
Total Retail REITs				2,718,287
Specialized REITs (24.93%)
Digital Realty Trust, Inc.		6,401		843,140
Equinix, Inc.		1,611		1,258,803
Extra Space Storage, Inc.		5,599		720,478
Public Storage		2,644		730,749
SBA Communications Corp.		1,192		267,640

Security Description	Shares		Value
Specialized REITs (continued)
VICI Properties, Inc.		24,587	$	758,263
Total Specialized REITs				4,579,073
TOTAL COMMON STOCKS
(Cost $18,269,008)				18,053,834

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.65%)
Money Market Fund (1.65%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		303,677		303,677
TOTAL SHORT TERM INVESTMENTS
(Cost $303,677)							303,677
TOTAL INVESTMENTS (99.93%)
(Cost $18,572,685)						$	18,357,511
OTHER ASSETS IN EXCESS OF LIABILITIES (0.07%)							13,298
NET ASSETS - 100.00%						$	18,370,809

See Notes to Quarterly Schedule of Investments.

ALPS Clean Energy ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (91.26%)
Consumer Discretionary (19.00%)
EVgo, Inc.(a)(b)		394,118	$	1,584,354
Lucid Group, Inc.(a)(b)		2,649,573		16,639,318
Rivian Automotive, Inc.(a)(b)		1,583,332		35,989,137
Tesla, Inc.(a)		107,154		27,654,305
Total Consumer Discretionary				81,867,114
Consumer Staples (5.13%)
Darling Ingredients, Inc.(a)		358,140		22,118,726
Energy (3.53%)
Clean Energy Fuels Corp.(a)(b)		692,492		2,950,016
Enviva, Inc.(b)		126,299		1,161,951
Gevo, Inc.(a)(b)		945,262		1,238,293
Green Plains, Inc.(a)		237,547		7,373,459
REX American Resources Corp.(a)		62,926		2,484,948
Total Energy				15,208,667
Financials (2.26%)
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b)		435,239		9,736,296
Industrials (24.47%)
Ameresco, Inc., Class A(a)(b)		131,017		5,697,929
Array Technologies, Inc.(a)(b)		589,064		14,650,021
Ballard Power Systems, Inc.(a)(b)		1,000,293		4,201,231
Blink Charging Co.(a)(b)		217,108		855,406
ChargePoint Holdings, Inc.(a)(b)		1,290,049		9,236,750
Energy Vault Holdings, Inc.(a)(b)		382,958		1,221,636
Fluence Energy, Inc.(a)(b)		163,180		4,299,793
Hyliion Holdings Corp.(a)(b)		537,061		655,214
Li-Cycle Holdings Corp.(a)(b)		530,693		2,356,277
NEXTracker, Inc.(a)		125,613		5,290,820
Nikola Corp.(a)		2,363,318		2,788,715
Plug Power, Inc.(a)(b)		2,444,795		20,682,966
Shoals Technologies Group, Inc., Class A(a)		692,474		13,627,888
Stem, Inc.(a)(b)		606,240		3,085,762
SunPower Corp.(a)(b)		353,922		2,534,082
Sunrun, Inc.(a)(b)		860,741		13,453,382
TPI Composites, Inc.(a)(b)		165,347		835,002
Total Industrials				105,472,874
Information Technology (11.54%)
Enphase Energy, Inc.(a)		126,669		16,027,429

Security Description	Shares		Value
Information Technology (continued)
First Solar, Inc.(a)		111,226	$	21,035,061
Itron, Inc.(a)		185,474		12,688,276
Total Information Technology				49,750,766
Materials (8.74%)
Albemarle Corp.		110,068		21,871,613
Livent Corp.(a)(b)		735,420		15,789,467
Total Materials				37,661,080
Utilities (16.59%)
Altus Power, Inc.(a)(b)		216,709		1,399,940
Boralex, Inc., Class A(b)		420,677		10,205,589
Clearway Energy, Inc., Class C		336,688		8,339,762
Innergex Renewable Energy, Inc.(b)		636,646		6,073,392
Northland Power, Inc.(b)		1,034,931		19,569,632
Ormat Technologies, Inc.(b)		208,792		15,855,664
Sunnova Energy International, Inc.(a)(b)		412,372		5,736,095
TransAlta Renewables, Inc.		438,592		4,268,417
Total Utilities				71,448,491
TOTAL COMMON STOCKS
(Cost $598,119,293)				393,264,014

Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (8.51%)
Utilities (8.51%)
Brookfield Renewable Partners LP		729,310		18,437,855
NextEra Energy Partners LP		365,234		18,217,872
Total Utilities				36,655,727
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $49,886,189)				36,655,727

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (10.99%)
Money Market Fund (0.10%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $429,305)		5.28	%		429,305	$	429,305
Investments Purchased with Collateral from Securities Loaned (10.89%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $46,938,493)					46,938,493	$	46,938,493
TOTAL SHORT TERM INVESTMENTS
(Cost $47,367,798)							47,367,798
TOTAL INVESTMENTS (110.76%)
(Cost $695,373,280)						$	477,287,539
LIABILITIES IN EXCESS OF OTHER ASSETS (-10.76%)							(46,379,688	)
NET ASSETS - 100.00%						$	430,907,851

(a)	Non-income producing security.
(b)	The security, or a portion of the security position is currently on loan. The total market value of securities on loan was $70,939,344.

See Notes to Quarterly Schedule of Investments.

ALPS Disruptive Technologies ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (98.98%)
Communication Services (1.11%)
Netflix, Inc.(a)		2,631	$	1,141,012
Consumer Discretionary (4.30%)
ADT, Inc.(b)		174,600		1,120,932
Garmin, Ltd.		10,184		1,079,708
iRobot Corp.(a)		26,759		1,040,658
Tesla, Inc.(a)		4,580		1,182,006
Total Consumer Discretionary				4,423,304
Financials (15.64%)
Adyen NV(a)(c)(d)		629		526,889
American Express Co.		6,278		991,861
Block, Inc., Class A(a)		16,571		955,318
Fidelity National Information Services, Inc.		19,733		1,102,285
Fiserv, Inc.(a)		9,373		1,137,788
FleetCor Technologies, Inc.(a)		4,502		1,223,329
Global Payments, Inc.		10,627		1,346,336
GMO Payment Gateway, Inc.		14,000		887,948
Kaspi.KZ JSC, GDR(d)		13,418		1,365,952
Mastercard, Inc., Class A		2,925		1,206,972
Moody's Corp.		3,221		1,084,833
Pagseguro Digital, Ltd., Class A(a)(b)		108,383		973,279
PayPal Holdings, Inc.(a)		16,705		1,044,230
S&P Global, Inc.		2,817		1,101,052
Visa, Inc., Class A		4,828		1,186,143
Total Financials				16,134,215
Health Care (10.55%)
Align Technology, Inc.(a)		3,527		1,305,483
Boston Scientific Corp.(a)		21,037		1,134,735
Cutera, Inc.(a)(b)		57,978		659,790
Dexcom, Inc.(a)		8,925		901,247
DiaSorin SpA		10,266		1,086,034
HealthEquity, Inc.(a)		16,953		1,145,175
Insulet Corp.(a)		3,829		734,058
Intuitive Surgical, Inc.(a)		3,449		1,078,433
PROCEPT BioRobotics Corp.(a)		31,670		1,080,264
ResMed, Inc.		5,006		798,908
Smith & Nephew PLC, Sponsored ADR		35,580		958,525
Total Health Care				10,882,652
Industrials (14.57%)
AeroVironment, Inc.(a)		10,986		1,065,972
AutoStore Holdings, Ltd.(a)(b)(c)(d)		500,476		858,158
Experian PLC		29,437		1,029,972
FANUC Corp.		30,063		858,116

Security Description	Shares		Value
Industrials (continued)
Goldwind Science & Technology Co., Ltd., Class H		1,470,000	$	772,269
Proto Labs, Inc.(a)		30,641		903,910
RELX PLC, Sponsored ADR		33,487		1,089,332
Schneider Electric SE		6,095		1,048,075
Sensata Technologies Holding PLC		24,562		924,022
SS&C Technologies Holdings, Inc.		18,938		1,087,420
Thomson Reuters Corp.(b)		8,459		1,089,240
TransUnion		14,608		1,186,462
Verisk Analytics, Inc.		4,888		1,183,971
Vestas Wind Systems A/S(a)		36,881		853,085
Wolters Kluwer NV		8,763		1,056,642
Total Industrials				15,006,646
Information Technology (50.94%)
Adobe, Inc.(a)		2,444		1,367,027
Alarm.com Holdings, Inc.(a)		21,041		1,232,371
Allegro MicroSystems, Inc.(a)		27,236		1,041,777
ams-OSRAM AG(a)		137,261		964,331
ANSYS, Inc.(a)		3,407		1,086,390
Autodesk, Inc.(a)		5,377		1,193,371
Black Knight, Inc.(a)		19,195		1,454,214
Check Point Software Technologies, Ltd.(a)		8,662		1,165,819
Cognex Corp.		19,378		912,316
Crowdstrike Holdings, Inc., Class A(a)		7,107		1,158,654
CyberArk Software, Ltd.(a)		7,146		1,186,521
Dassault Systemes SE		24,274		963,632
Datadog, Inc., Class A(a)		11,206		1,081,155
Dynatrace, Inc.(a)		21,211		1,022,370
FARO Technologies, Inc.(a)		69,967		1,109,677
First Solar, Inc.(a)		5,604		1,059,828
Fortinet, Inc.(a)		15,548		936,145
Gen Digital, Inc.		60,498		1,225,085
Guidewire Software, Inc.(a)		14,808		1,279,855
Intuit, Inc.		2,541		1,376,740
Itron, Inc.(a)		14,827		1,014,315
Keyence Corp.		2,240		931,750
Materialise NV, ADR(a)		110,510		747,048
Nemetschek SE		13,641		942,819
Okta, Inc.(a)		15,094		1,260,499
Omron Corp.(b)		16,800		812,663
Palo Alto Networks, Inc.(a)		4,834		1,176,112
PTC, Inc.(a)		7,798		1,147,632
Qorvo, Inc.(a)		10,833		1,163,356
Qualys, Inc.(a)		8,393		1,306,370
Renishaw PLC		21,134		973,986
Salesforce, Inc.(a)		5,133		1,136,754
SAP SE, Sponsored ADR		8,037		1,122,689
ServiceNow, Inc.(a)		2,008		1,182,371
Silicon Laboratories, Inc.(a)		7,057		951,707
Skyworks Solutions, Inc.		10,193		1,108,387
Snowflake, Inc., Class A(a)		6,163		966,667
SolarEdge Technologies, Inc.(a)		3,777		614,027

Security Description	Shares		Value
Information Technology (continued)
Splunk, Inc.(a)		10,901	$	1,321,855
Stratasys, Ltd.(a)		61,186		899,434
Temenos AG		12,747		1,013,872
Trend Micro, Inc.		22,131		941,399
VMware, Inc., Class A(a)		8,110		1,368,806
Workday, Inc., Class A(a)		5,239		1,280,936
Xero, Ltd.(a)		15,052		1,220,092
Xinyi Solar Holdings, Ltd.		1,014,000		846,901
Zoom Video Communications, Inc., Class A(a)		16,074		1,141,736
Zscaler, Inc.(a)		7,221		1,126,837
Total Information Technology				52,538,298
Real Estate (1.09%)
Equinix, Inc.		1,433		1,119,718
Utilities (0.78%)
China Longyuan Power Group Corp., Ltd., Class H		1,012,000		801,357
TOTAL COMMON STOCKS
(Cost $113,186,287)				102,047,202

Security Description	Shares		Value
MASTER LIMITED PARTNERSHIPS (0.83%)
Utilities (0.83%)
Brookfield Renewable Partners LP		33,749		853,216
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $1,002,934)				853,216

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.29%)
Money Market Fund (0.11%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $114,328)		5.28	%		114,328	$	114,328
Investments Purchased with Collateral from Securities Loaned (1.18%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $1,222,679)					1,222,679		1,222,679
TOTAL SHORT TERM INVESTMENTS
(Cost $1,337,007)							1,337,007
TOTAL INVESTMENTS (101.10%)
(Cost $115,526,228)						$	104,237,425
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.10%)							(1,136,712	)
NET ASSETS - 100.00%						$	103,100,713

(a)	Non-income producing security.
(b)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $2,771,278.
(c)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $1,385,047, representing 1.34% of net assets.
(d)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration.  Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $2,750,999, representing 2.67% of net assets.

See Notes to Quarterly Schedule of Investments.

ALPS Emerging Sector Dividend Dogs ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.51%)
Brazil (10.11%)
Cia Siderurgica Nacional SA		232,906	$	569,561
Engie Brasil Energia SA		69,000		586,884
JBS S/A		170,900		635,002
Petroleo Brasileiro SA		100,122		645,772
TOTVS SA		126,941		711,088
Total Brazil				3,148,307
Chile (7.95%)
Banco Santander Chile, ADR(a)		32,829		628,019
Cia Sud Americana de Vapores SA		8,778,188		585,854
Empresas CMPC SA		334,830		607,950
Falabella SA		265,160		653,161
Total Chile				2,474,984
China (10.12%)
BBMG Corp.		5,418,000		566,509
China Petroleum & Chemical Corp.		943,200		552,040
COSCO SHIPPING Holdings Co., Ltd.		669,000		686,714
Maanshan Iron & Steel Co., Ltd.		3,534,000		603,844
Sinotrans, Ltd.		1,833,000		743,264
Total China				3,152,371
Colombia (4.10%)
Bancolombia SA, ADR		21,686		579,016
Ecopetrol SA, Sponsored ADR, Sponsored ADR(a)		59,854		699,095
Total Colombia				1,278,111
Czech Republic (3.89%)
CEZ AS		13,327		567,405
Komercni banka A.S.		20,592		644,318
Total Czech Republic				1,211,723
Hungary (2.56%)
Richter Gedeon Nyrt		31,822		798,628
India (8.34%)
Dr Reddy's Laboratories, Ltd., ADR		13,583		923,373
Infosys, Ltd., Sponsored ADR		50,357		874,701
Wipro, Ltd., ADR(a)		163,335		798,708
Total India				2,596,782
Indonesia (9.64%)
Astra International Tbk PT		1,357,500		574,910
Bukit Asam Tbk PT		2,731,000		512,847

Security Description	Shares		Value
Indonesia (continued)
Indo Tambangraya Megah Tbk PT		396,600	$	753,227
Indofood Sukses Makmur Tbk PT		1,243,200		579,561
Perusahaan Gas Negara Tbk PT		6,455,200		582,791
Total Indonesia				3,003,336
Malaysia (10.32%)
Maxis Bhd		703,400		607,895
MISC Bhd		397,000		616,035
Petronas Gas Bhd		172,700		637,203
Sime Darby Bhd		1,435,000		711,315
Sime Darby Plantation Bhd		678,500		641,943
Total Malaysia				3,214,391
Mexico (5.91%)
Coca-Cola Femsa SAB de CV, ADR		7,021		594,959
El Puerto de Liverpool SAB de CV		98,952		615,864
Kimberly-Clark de Mexico SAB de CV, Class A		279,600		629,041
Total Mexico				1,839,864
Philippines (3.85%)
Manila Electric Co.		106,340		645,327
PLDT, Inc.		27,280		554,080
Total Philippines				1,199,407
Russia (0.00%(b))
Magnit PJSC, GDR(c)(d)(e)		32,174		321
Mobile TeleSystems PJSC, Sponsored ADR(c)(d)		64,600		646
Novolipetsk Steel PJSC, GDR(c)(d)(e)		17,594		176
Severstal PAO, GDR(c)(d)(e)		23,283		233
X5 Retail Group NV, GDR(c)(d)(e)		17,785		178
Total Russia				1,554
South Africa (8.94%)
African Rainbow Minerals, Ltd.		54,962		520,953
MultiChoice Group		121,523		503,724
Nedbank Group, Ltd.		52,162		596,086
Ninety One, Ltd.		281,814		594,965
Vodacom Group, Ltd.		99,499		568,280
Total South Africa				2,784,008
Thailand (11.74%)
Bangkok Dusit Medical Services PCL		936,100		748,506
Bumrungrad Hospital Pcl		114,500		846,876
Delta Electronics Thailand PCL		274,600		850,835
Home Product Center PCL		1,560,300		610,441
Intouch Holdings PCL		288,000		598,329
Total Thailand				3,654,987

Security Description	Shares		Value
Turkey (2.04%)
Tofas Turk Otomobil Fabrikasi A.S.		62,788	$	634,219
TOTAL COMMON STOCKS
(Cost $32,012,213)				30,992,672

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.64%)
Money Market Fund (0.13%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $42,275)		5.28	%		42,275	$	42,275
Investments Purchased with Collateral from Securities Loaned (1.51%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $469,408)					469,408		469,408
TOTAL SHORT TERM INVESTMENTS
(Cost $511,683)							511,683
TOTAL INVESTMENTS (101.15%)
(Cost $32,523,896)						$	31,504,355
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.15%)							(358,492	)
NET ASSETS - 100.00%						$	31,145,863

(a)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $1,423,285.
(b)	Less than 0.005%.
(c)	Non-income producing security.
(d)	As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 securities under the fair value hierarchy.
(e)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration.  Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $908, representing 0.01% of net assets.

See Notes to Quarterly Schedule of Investments. 

a

ALPS Equal Sector Weight ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
EXCHANGE TRADED FUNDS (100.00%)
Communication Services (9.38%)
Communication Services Select Sector SPDR Fund(a)		426,726	$	28,902,152
Consumer Discretionary (9.20%)
Consumer Discretionary Select Sector SPDR Fund(a)		166,091		28,353,395
Consumer Staples (8.74%)
Consumer Staples Select Sector SPDR Fund		370,087		26,927,530
Energy (9.86%)
Energy Select Sector SPDR Fund		341,761		30,389,388
Financials (9.18%)
Financial Select Sector SPDR Fund		822,951		28,293,055
Healthcare (9.04%)
Health Care Select Sector SPDR Fund		209,023		27,843,954
Industrials (9.21%)
Industrial Select Sector SPDR Fund(a)		262,068		28,363,620
Materials (9.09%)
Materials Select Sector SPDR Fund(a)		338,040		28,020,136
Real Estate (8.81%)
Real Estate Select Sector SPDR Fund(a)		733,213		27,143,545
Technology (9.10%)
Technology Select Sector SPDR Fund		159,559		28,028,134
Utilities (8.39%)
Utilities Select Sector SPDR Fund(a)		410,619		25,852,572
TOTAL EXCHANGE TRADED FUNDS
(Cost $288,396,727)				308,117,481

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (6.30%)
Money Market Fund (0.01%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $28,952)		5.28	%		28,952	$	28,952
Investments Purchased with Collateral from Securities Loaned (6.29%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $19,389,276)					19,389,276	$	19,389,276
TOTAL SHORT TERM INVESTMENTS
(Cost $19,418,228)							19,418,228
TOTAL INVESTMENTS (106.30%)
(Cost $307,814,955)						$	327,535,709
LIABILITIES IN EXCESS OF OTHER ASSETS (-6.30%)							(19,421,785	)
NET ASSETS - 100.00%						$	308,113,924

^(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $66,093,352.

Common Abbreviations:

SPDR^® - Standard & Poor's Depositary Receipts

See Notes to Quarterly Schedule of Investments.

ALPS Global Travel Beneficiaries ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.78%)
Communication Services (4.28%)
TripAdvisor, Inc.(a)		964	$	14,566
Walt Disney Co.(a)		3,045		254,806
Total Communication Services				269,372
Consumer Discretionary (54.36%)
Accor SA		730		26,193
Airbnb, Inc., Class A(a)		2,439		320,851
Amadeus IT Group SA		2,034		139,613
Booking Holdings, Inc.(a)		107		332,238
Caesars Entertainment, Inc.(a)		1,504		83,111
Churchill Downs, Inc.		524		65,647
Cie Financiere Richemont SA, Class A		1,664		236,597
Dufry AG(a)		349		15,551
Expedia Group, Inc.(a)		1,264		137,005
Flight Centre Travel Group, Ltd.		1,099		15,039
Galaxy Entertainment Group, Ltd.		9,000		59,561
H World Group, Ltd., ADR(a)		2,065		83,178
Hilton Worldwide Holdings, Inc.		1,973		293,286
Hyatt Hotels Corp., Class A		440		49,460
InterContinental Hotels Group PLC		543		40,956
Las Vegas Sands Corp.		1,847		101,326
LVMH Moet Hennessy Louis Vuitton SE		320		271,417
Marriott International, Inc., Class A		1,579		321,343
MGM Resorts International		1,990		87,520
Oriental Land Co., Ltd.		7,300		263,361
Sabre Corp.(a)(b)		4,692		23,460
Samsonite International SA(a)(c)(d)		9,000		30,125
Sega Sammy Holdings, Inc.		1,100		21,989
Tongcheng Travel Holdings, Ltd.(a)(d)		6,800		15,243
Trainline PLC(a)(c)(d)		4,538		13,372
Trip.com Group, Ltd., ADR(a)		3,737		146,901
TUI AG(a)		2,288		13,611
Vail Resorts, Inc.		355		80,344
WH Smith PLC		773		14,365
Whitbread PLC		370		16,124

Security Description	Shares		Value
Consumer Discretionary (continued)
Wyndham Hotels & Resorts, Inc.		697	$	52,547
Wynn Resorts, Ltd.		486		49,271
Total Consumer Discretionary				3,420,605
Consumer Staples (7.40%)
Estee Lauder Cos., Inc., Class A		1,554		249,464
Hormel Foods Corp.		2,235		86,248
Kose Corp.		200		16,619
Premium Brands Holdings Corp.		201		15,453
Shiseido Co., Ltd.		2,400		97,587
Total Consumer Staples				465,371
Financials (4.76%)
American Express Co.		1,645		259,894
Euronet Worldwide, Inc.(a)		455		39,749
Total Financials				299,643
Industrials (24.92%)
Aena SME SA(c)(d)		317		49,842
Aeroports de Paris		106		13,977
Alaska Air Group, Inc.(a)		945		39,662
American Airlines Group, Inc.(a)		4,058		59,774
ANA Holdings, Inc.(a)		2,100		47,486
Avis Budget Group, Inc.(a)		80		17,071
Dassault Aviation SA		89		17,526
Delta Air Lines, Inc.		5,583		239,399
Deutsche Lufthansa AG(a)		2,578		23,054
Elis SA		838		16,029
Flughafen Zurich AG		83		17,110
Grab Holdings, Ltd.(a)		4,582		17,274
Grupo Aeroportuario del Centro Norte SAB de CV		1,580		18,289
Grupo Aeroportuario del Pacifico SAB de CV		1,856		34,099
Grupo Aeroportuario del Sureste SAB de CV, ADR		188		51,189
Hertz Global Holdings, Inc.(a)		900		15,255
International Consolidated Airlines Group SA(a)		7,881		16,174
Japan Airlines Co., Ltd.		1,800		37,127
Korean Air Lines Co., Ltd.		1,678		28,945
Localiza Rent a Car SA		1,992		25,443
Lyft, Inc., Class A(a)		1,481		17,446
Qantas Airways, Ltd.(a)		13,898		53,221
Ryanair Holdings PLC, ADR(a)		449		44,563
Singapore Airlines, Ltd.		5,400		27,451
Sixt SE		136		14,526
Southwest Airlines Co.		4,840		152,944
Turk Hava Yollari AO(a)		2,761		25,316

Security Description	Shares		Value
Industrials (continued)
Uber Technologies, Inc.(a)		6,997	$	330,469
United Airlines Holdings, Inc.(a)		2,372		118,149
Total Industrials				1,568,810
Information Technology (0.77%)
Agilysys, Inc.(a)		217		15,308
Clear Secure, Inc.		661		14,370
PROS Holdings, Inc.(a)		525		18,827
Total Information Technology				48,505
Real Estate (3.29%)
Gaming and Leisure Properties, Inc.		2,673		126,700
Host Hotels & Resorts, Inc.		5,087		80,324
Total Real Estate				207,024
TOTAL COMMON STOCKS
(Cost $6,534,159)				6,279,330

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.56%)
Money Market Fund (0.21%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $12,843)		5.28	%		12,843	$	12,843
Investments Purchased with Collateral from Securities Loaned (0.35%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $22,166)					22,166		22,166
TOTAL SHORT TERM INVESTMENTS
(Cost $35,009)							35,009
TOTAL INVESTMENTS (100.34%)
(Cost $6,569,168)						$	6,314,339
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.34%)							(21,200	)
NET ASSETS - 100.00%						$	6,293,139

(a)	Non-income producing security.
(b)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $21,110.

(c)

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $93,339, representing 1.48% of net assets.

(d)

Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration.  Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $108,582, representing 1.73% of net assets.

See Notes to Quarterly Schedule of Investments.

ALPS Intermediate Municipal Bond ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Principal Amount		Value
MUNICIPAL BONDS (100.46%)
General Obligation Limited  (2.30%)
Pennsylvania  (2.30%)
School District of Philadelphia
5.00%, 09/01/2034	$	500,000	$	512,500
4.00%, 09/01/2036		200,000		196,052
Total Pennsylvania				708,552
Total General Obligation Limited				708,552
General Obligation Unlimited  (7.80%)
California  (2.88%)
Allan Hancock Joint Community College District
0.00%, 08/01/2042(a)		250,000		193,118
Chaffey Joint Union High School District
0.00%, 08/01/2044(a)		250,000		95,591
Chino Valley Unified School District
0.00%, 08/01/2035(a)		135,000		85,003
Rio Hondo Community College District
0.00%, 08/01/2036(a)		300,000		177,758
0.00%, 08/01/2044(a)		150,000		53,780
San Mateo County Community College District
0.00%, 09/01/2035(a)		110,000		70,492
San Mateo Union High School District
0.00%, 09/01/2041(a)		220,000		208,713
Total California				884,455
Oregon  (3.88%)
Clackamas & Washington Counties School District No 3
0.00%, 06/15/2036(a)		600,000		338,553
Multnomah County School District No 40
0.00%, 06/15/2043(a)		1,000,000		377,030
Multnomah County School District No 7 Reynolds
0.00%, 06/15/2035(a)		500,000		288,754
Washington & Multnomah Counties School District No 48J Beaverton
0.00%, 06/15/2034(a)		200,000		129,190
0.00%, 06/15/2041(a)		150,000		63,786
Total Oregon				1,197,313

Security Description	Principal Amount		Value
General Obligation Unlimited (continued)
Washington  (1.04%)
Washington Clackamas & Yamhill Counties School District No 88J
0.00%, 06/15/2039(a)	$	255,000	$	122,145
0.00%, 06/15/2040(a)		200,000		90,130
0.00%, 06/15/2041(a)		250,000		106,495
Total Washington				318,770
Total General Obligation Unlimited				2,400,538
Revenue Bonds  (90.36%)
Arizona  (4.35%)
Chandler Industrial Development Authority
4.10%, 12/01/2037		175,000		174,493
Salt Verde Financial Corp.
5.00%, 12/01/2032		675,000		701,608
5.00%, 12/01/2037		450,000		461,210
Total Arizona				1,337,311
California  (2.81%)
Anaheim Public Financing Authority
0.00%, 09/01/2030(a)		275,000		211,646
Long Beach Bond Finance Authority
3M US L + 1.45%, 11/15/2027(b)		430,000		423,673
Northern California Gas Authority No 1
3M CME TERM SOFR + 0.72%, 07/01/2027(b)		230,000		228,277
Total California				863,596
Colorado  (3.27%)
City & County of Denver Co. Airport System Revenue
5.75%, 11/15/2036		250,000		294,853
Colorado Health Facilities Authority
4.00%, 01/01/2038		200,000		197,279
4.00%, 11/15/2043		150,000		143,896
4.00%, 05/15/2062		200,000		200,000
E-470 Public Highway Authority
0.00%, 09/01/2035(a)		300,000		168,956
Total Colorado				1,004,984
Connecticut  (4.46%)
Connecticut Housing Finance Authority
4.00%, 11/15/2047		390,000		386,582
Connecticut State Health & Educational Facilities Authority
0.25%, 07/01/2037(b)		1,000,000		983,720
Total Connecticut				1,370,302

Security Description	Principal Amount		Value
Revenue Bonds (continued)
District of Columbia  (0.50%)
Metropolitan Washington Airports Authority Aviation Revenue
5.00%, 10/01/2031	$	150,000	$	155,371
Total District of Columbia				155,371
Florida  (3.55%)
City Of South Miami Health Facilities Authority, Inc.
5.00%, 08/15/2042		300,000		305,274
County of Broward FL Airport System Revenue
5.00%, 10/01/2031		200,000		213,412
County of Broward FL Convention Center Hotel Revenue
4.00%, 01/01/2041		100,000		97,096
Florida Housing Finance Corp.
5.50%, 01/01/2054		150,000		156,419
Greater Orlando Aviation Authority
5.00%, 10/01/2033		300,000		320,648
Total Florida				1,092,849
Georgia  (4.44%)
Development Authority of Burke County
1.50%, 01/01/2040(b)		255,000		242,218
1.70%, 12/01/2049(b)		650,000		629,453
Main Street Natural Gas, Inc.
4.00%, 08/01/2049(b)		500,000		499,095
Total Georgia				1,370,766
Illinois  (3.14%)
Illinois Finance Authority
5.00%, 08/15/2035		225,000		246,086
5.00%, 02/15/2036		300,000		311,649
3.95%, 07/15/2055(b)		100,000		100,000
3.95%, 08/15/2057		200,000		200,000
Sales Tax Securitization Corp.
5.00%, 01/01/2035(c)		100,000		109,320
Total Illinois				967,055
Indiana  (0.50%)
Indiana Finance Authority
5.00%, 11/01/2043		150,000		153,881
Total Indiana				153,881
Kansas  (0.72%)
Kansas Development Finance Authority
5.00%, 11/15/2054(b)		200,000		221,856
Total Kansas				221,856

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Kentucky  (2.11%)
Kentucky Public Energy Authority
4.00%, 12/01/2049(b)	$	210,000	$	210,141
1D US SOFR + 1.20%, 08/01/2052(b)		460,000		439,873
Total Kentucky				650,014
Massachusetts  (0.50%)
Massachusetts Housing Finance Agency
3.00%, 12/01/2050		160,000		153,780
Total Massachusetts				153,780
Michigan  (0.86%)
Michigan Finance Authority
4.00%, 04/15/2042		125,000		117,069
Michigan Strategic Fund
3.88%, 06/01/2053(b)		150,000		147,007
Total Michigan				264,076
Minnesota  (0.36%)
Minnesota Housing Finance Agency
2.47%, 01/01/2050		130,875		109,813
Total Minnesota				109,813
Missouri  (0.85%)
Missouri Housing Development Commission
4.00%, 05/01/2050		265,000		261,628
Total Missouri				261,628
Nebraska  (3.18%)
Central Plains Energy Project
5.00%, 05/01/2053(b)		725,000		739,405
Nebraska Investment Finance Authority
3.50%, 09/01/2046		245,000		240,943
Total Nebraska				980,348
New Jersey  (4.85%)
New Jersey Economic Development Authority
5.00%, 06/15/2034(c)		250,000		271,443
New Jersey Health Care Facilities Financing Authority
5.00%, 07/01/2045(b)		220,000		227,308
New Jersey Transportation Trust Fund Authority
0.00%, 12/15/2031(a)		1,375,000		994,839
Total New Jersey				1,493,590
New Mexico  (1.96%)
City of Farmington NM
1.80%, 04/01/2029		375,000		316,495

Security Description	Principal Amount		Value
Revenue Bonds (continued)
New Mexico Mortgage Finance Authority
5.25%, 03/01/2053	$	280,000	$	290,622
Total New Mexico				607,117
New York  (11.62%)
Metropolitan Transportation Authority
1D US SOFR + 0.43%, 11/01/2026(b)		90,000		89,235
1D US SOFR + 0.80%, 11/01/2032(b)		460,000		457,670
1D US SOFR + 0.33%, 11/01/2035(b)		470,000		468,840
New York City Transitional Finance Authority Future Tax Secured Revenue
3.95%, 11/01/2044(b)		800,000		800,000
Port Authority of New York & New Jersey
5.00%, 11/01/2030		1,100,000		1,182,703
5.00%, 04/01/2036		100,000		102,011
Triborough Bridge & Tunnel Authority
0.00%, 11/15/2039(a)		1,000,000		472,760
Total New York				3,573,219
North Carolina  (3.55%)
Charlotte-Mecklenburg Hospital Authority
4.00%, 01/15/2037		500,000		494,160
4.00%, 01/15/2038(b)		600,000		600,000
Total North Carolina				1,094,160
North Dakota  (5.18%)
North Dakota Housing Finance Agency
4.25%, 01/01/2049		390,000		387,666
3.00%, 01/01/2052		930,000		890,322
5.75%, 07/01/2053		300,000		317,180
Total North Dakota				1,595,168
Ohio  (6.84%)
County of Franklin OH
3.95%, 11/01/2042(b)		600,000		600,000
Ohio Air Quality Development Authority
4.25%, 11/01/2039		500,000		497,225
Ohio Housing Finance Agency
5.00%, 03/01/2052		985,000		1,006,315
Total Ohio				2,103,540

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Oklahoma  (1.66%)
Oklahoma Housing Finance Agency
5.00%, 03/01/2052	$	500,000	$	510,720
Total Oklahoma				510,720
Oregon  (0.70%)
Port of Portland OR Airport Revenue
5.00%, 07/01/2036		200,000		215,010
Total Oregon				215,010
South Carolina  (0.52%)
South Carolina State Housing Finance & Development Authority
5.75%, 01/01/2054		150,000		160,724
Total South Carolina				160,724
South Dakota  (3.29%)
South Dakota Housing Development Authority
5.00%, 05/01/2053		990,000		1,011,374
Total South Dakota				1,011,374
Tennessee  (3.31%)
Tennessee Housing Development Agency
5.00%, 01/01/2053		1,000,000		1,021,259
Total Tennessee				1,021,259
Texas  (5.87%)
Texas Department of Housing & Community Affairs
4.40%, 07/01/2037		180,000		179,975
3.50%, 07/01/2052		330,000		319,488
Texas Municipal Gas Acquisition and Supply Corp. I
3M US L + 0.70%, 12/15/2026(b)		620,000		615,917
6.25%, 12/15/2026		45,000		46,601
Texas Municipal Gas Acquisition and Supply Corp. II
3M US L + 0.87%, 09/15/2027(b)		500,000		499,173
3M US L + 0.69%, 09/15/2027(b)		150,000		148,988
Total Texas				1,810,142
Virginia  (0.96%)
York County Economic Development Authority
3.65%, 05/01/2033(b)		300,000		296,220
Total Virginia				296,220

Security Description	Principal Amount		Value
Revenue Bonds (continued)
Washington  (2.27%)
Metropolitan Washington Airports Authority Aviation Revenue
5.00%, 10/01/2037	$	250,000	$	265,856
Port of Seattle WA
5.00%, 04/01/2027		250,000		252,519
Washington Higher Education Facilities Authority
4.00%, 04/01/2042		200,000		182,251
Total Washington				700,626
Wisconsin  (2.18%)
County of Milwaukee WI Airport Revenue
5.00%, 12/01/2030		125,000		129,277
Public Finance Authority
3.70%, 10/01/2046(b)		150,000		149,658
Wisconsin Health & Educational Facilities Authority
4.00%, 08/15/2036		200,000		198,763
4.00%, 11/15/2043		200,000		190,561
Total Wisconsin				668,259
Total Revenue Bonds				27,818,758
TOTAL MUNICIPAL BONDS
(Cost $31,197,669)				30,927,848

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.19%)
Money Market Fund
State Street Institutional US Government Money Market Fund (Premier Class)		5.28	%		58,300		58,300
TOTAL SHORT TERM INVESTMENTS
(Cost $58,300)							58,300
TOTAL INVESTMENTS (100.65%)
(Cost $31,255,969)						$	30,986,148
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.65%)							(200,697	)
NET ASSETS - 100.00%						$	30,785,451

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

SOFR - Secured Overnight Financing Rate

Reference Rates:

1D US SOFR - 1 Day SOFR as of August 31, 2023 was 5.31%

3M US SOFR - 3 Month SOFR as of August 31, 2023 was 5.40%

3M US L - 3 Month LIBOR as of August 31, 2023 was 5.66%

(a)	Zero coupon bond.
(b)	Floating or variable rate security. Interest rate resets periodically on specific dates. The rate shown represents the coupon or interest rate in effect as of August 31, 2023. Security description includes the reference rate and spread if published and available.
(c)	Represents a security purchased on a when-issued basis.

See Notes to Quarterly Schedule of Investments.

ALPS International Sector Dividend Dogs ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.38%)
Australia (7.45%)
BHP Group, Ltd.		143,910	$	4,182,102
Fortescue Metals Group, Ltd.		308,763		4,287,347
South32, Ltd.		1,649,659		3,634,246
Woodside Energy Group, Ltd.		185,204		4,442,505
Total Australia				16,546,200
Austria (2.06%)
Erste Group Bank AG		127,919		4,573,242
Denmark (1.99%)
A P Moller-Maersk A/S		2,432		4,424,810
Finland (1.97%)
Fortum Oyj		324,826		4,367,598
France (16.24%)
Amundi SA(a)(b)		74,783		4,464,064
Bouygues SA		132,731		4,591,274
Cie Generale des Etablissements Michelin SCA		146,188		4,582,790
Credit Agricole SA		371,547		4,696,058
Danone SA		75,041		4,380,192
Engie SA		282,814		4,566,314
Orange SA		382,266		4,293,503
Sanofi		42,136		4,506,886
Total France				36,081,081
Germany (5.66%)
Bayerische Motoren Werke AG		37,188		3,918,368
Fresenius Medical Care AG & Co. KGaA		95,077		4,592,967
Mercedes-Benz Group AG		55,608		4,072,570
Total Germany				12,583,905
Hong Kong (1.53%)
CITIC, Ltd.		3,425,000		3,402,137
Israel (2.08%)
Israel Chemicals, Ltd.		770,756		4,620,827
Italy (6.27%)
Enel SpA		662,772		4,462,990
Eni SpA		309,999		4,801,537

Security Description	Shares		Value
Italy (continued)
Intesa Sanpaolo SpA		1,743,080	$	4,672,357
Total Italy				13,936,884
Japan (18.13%)
Canon, Inc.(c)		168,663		4,159,338
ENEOS Holdings, Inc.(c)		1,252,000		4,700,970
Japan Tobacco, Inc.		192,300		4,217,528
Kyocera Corp.		76,820		3,948,314
NEC Corp.		87,100		4,601,193
Nippon Steel Corp.		208,800		4,946,793
Nippon Yusen KK(c)		196,200		5,240,271
Sumitomo Corp.		210,100		4,330,663
Takeda Pharmaceutical Co., Ltd.		133,200		4,127,053
Total Japan				40,272,123
Netherlands (4.48%)
Koninklijke Philips NV		220,651		4,976,676
Stellantis NV(d)		267,306		4,978,528
Total Netherlands				9,955,204
Norway (4.21%)
Aker BP ASA		177,410		4,815,836
Telenor ASA		424,308		4,545,715
Total Norway				9,361,551
Poland (1.88%)
ORLEN SA		274,027		4,187,751
Portugal (1.91%)
Jeronimo Martins SGPS SA		166,543		4,243,893
Spain (5.55%)
Endesa SA		191,127		3,975,034
Redeia Corp. SA		249,252		4,055,504
Telefonica SA		1,036,583		4,298,254
Total Spain				12,328,792
Sweden (5.90%)
H & M Hennes & Mauritz AB, Class B(c)		326,847		4,999,802
Telefonaktiebolaget LM Ericsson, Class B		827,504		4,257,506
Telia Co. AB		1,904,582		3,846,217
Total Sweden				13,103,525
Switzerland (1.94%)
Swiss Re AG		44,297		4,307,593
United Kingdom (10.13%)
British American Tobacco PLC		132,752		4,410,268

Security Description	Shares		Value
United Kingdom (continued)
GSK PLC		249,472	$	4,389,044
Imperial Brands PLC		199,269		4,517,309
The Sage Group Plc		400,056		4,920,944
Vodafone Group PLC		4,595,571		4,262,047
Total United Kingdom				22,499,612
TOTAL COMMON STOCKS
(Cost $213,312,047)				220,796,728

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.39%)
Money Market Fund (0.03%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $62,453)	5.28	%		62,453	$	62,453
Investments Purchased with Collateral from Securities Loaned (2.36%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $5,239,847)				5,239,847		5,239,847
TOTAL SHORT TERM INVESTMENTS
(Cost $5,302,300)						5,302,300
TOTAL INVESTMENTS (101.77%)
(Cost $218,614,347)					$	226,099,028
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.77%)						(3,939,303	)
NET ASSETS - 100.00%					$	222,159,725

^(a) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $4,464,064, representing 2.01% of net assets.

^(b) Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $4,464,064, representing 2.01% of net assets.

^(c) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $7,454,690.

^(d) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

ALPS Medical Breakthroughs ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (100.01%)
Biotechnology (86.18%)
89bio, Inc.(a)(b)		55,076	$	944,003
Aadi Bioscience, Inc.(a)		18,530		116,739
ACADIA Pharmaceuticals, Inc.(a)		122,914		3,321,136
Aerovate Therapeutics, Inc.(a)		18,833		299,256
Agios Pharmaceuticals, Inc.(a)		42,008		1,152,279
Akero Therapeutics, Inc.(a)(b)		41,815		2,075,278
Aldeyra Therapeutics, Inc.(a)(b)		44,275		330,292
Alector, Inc.(a)		62,995		343,323
Alkermes PLC(a)		125,841		3,673,299
Allogene Therapeutics, Inc.(a)(b)		110,228		428,787
Altimmune, Inc.(a)		37,252		94,248
ALX Oncology Holdings, Inc.(a)		30,885		131,570
Ambrx Biopharma, Inc., ADR(a)(b)		41,738		589,341
Amicus Therapeutics, Inc.(a)		215,076		2,757,274
AnaptysBio, Inc.(a)		20,021		394,013
Anavex Life Sciences Corp.(a)(b)		61,100		482,690
Arcellx, Inc.(a)		36,277		1,300,168
Arcturus Therapeutics Holdings, Inc.(a)(b)		20,071		609,155
Arcus Biosciences, Inc.(a)		55,257		1,132,769
ARS Pharmaceuticals, Inc.(a)(b)		71,627		507,835
Aura Biosciences, Inc.(a)		28,569		296,546
Aurinia Pharmaceuticals, Inc.(a)(b)		108,106		980,521
Autolus Therapeutics PLC, ADR(a)		130,809		419,897
Avidity Biosciences, Inc.(a)(b)		53,524		404,641
BioCryst Pharmaceuticals, Inc.(a)(b)		142,800		1,015,308
Catalyst Pharmaceuticals, Inc.(a)		80,099		1,124,590
Celldex Therapeutics, Inc.(a)(b)		35,711		996,337
Cerevel Therapeutics Holdings, Inc.(a)(b)		118,534		2,809,256
Compass Therapeutics, Inc.(a)(b)		95,618		222,790
Crinetics Pharmaceuticals, Inc.(a)(b)		40,828		707,141
Day One Biopharmaceuticals, Inc.(a)		64,326		867,758
Deciphera Pharmaceuticals, Inc.(a)		59,351		833,288
Denali Therapeutics, Inc.(a)		103,461		2,388,914
Disc Medicine, Inc.(a)		14,960		792,132
Enanta Pharmaceuticals, Inc.(a)		15,914		236,323
EQRx, Inc.(a)		368,340		843,499
Galapagos NV, Sponsored ADR(a)(b)		49,476		1,874,646
Geron Corp.(a)(b)		384,527		934,401
HilleVax, Inc.(a)		29,632		395,291

Security Description	Shares		Value
Biotechnology (continued)
Ideaya Biosciences, Inc.(a)		43,297	$	1,271,200
I-Mab, ADR(a)(b)		63,064		119,822
Immunocore Holdings PLC, ADR(a)(b)		38,199		2,149,457
Immunovant, Inc.(a)(b)		98,559		2,238,275
InflaRx NV(a)(b)		40,902		161,563
Insmed, Inc.(a)(b)		103,118		2,257,253
Intercept Pharmaceuticals, Inc.(a)(b)		31,510		341,253
Ironwood Pharmaceuticals, Inc.(a)		127,980		1,126,224
iTeos Therapeutics, Inc.(a)		27,025		326,057
KalVista Pharmaceuticals, Inc.(a)		25,828		280,234
Karyopharm Therapeutics, Inc.(a)(b)		86,166		110,292
Keros Therapeutics, Inc.(a)(b)		22,357		784,954
Kezar Life Sciences, Inc.(a)(b)		54,727		81,543
Kiniksa Pharmaceuticals, Ltd., Class A(a)		52,842		910,468
Krystal Biotech, Inc.(a)		20,803		2,589,557
Kura Oncology, Inc.(a)		51,729		513,669
MacroGenics, Inc.(a)(b)		46,738		217,799
MannKind Corp.(a)(b)		199,759		920,889
Mersana Therapeutics, Inc.(a)(b)		86,455		95,965
MiMedx Group, Inc.(a)(b)		87,369		648,278
Mineralys Therapeutics, Inc.(a)		30,875		396,435
Morphic Holding, Inc.(a)(b)		33,994		1,872,389
PDS Biotechnology Corp.(a)(b)		23,293		136,730
Point Biopharma Global, Inc.(a)(b)		82,448		656,286
ProKidney Corp.(a)		177,634		1,524,100
Protagonist Therapeutics, Inc.(a)		43,267		857,552
Prothena Corp. PLC(a)(b)		39,867		2,105,775
RAPT Therapeutics, Inc.(a)(b)		25,955		495,741
Recursion Pharmaceuticals, Inc.(a)(b)		145,383		1,264,832
Replimune Group, Inc.(a)(b)		43,671		891,762
Rhythm Pharmaceuticals, Inc.(a)(b)		42,967		1,117,572
Sage Therapeutics, Inc.(a)		45,170		903,400
Scholar Rock Holding Corp.(a)(b)		41,037		256,481
SpringWorks Therapeutics, Inc.(a)(b)		47,257		1,331,702
Stoke Therapeutics, Inc.(a)(b)		33,393		187,669
Summit Therapeutics, Inc.(a)(b)		527,312		854,245
Syndax Pharmaceuticals, Inc.(a)		52,018		962,853
Travere Therapeutics, Inc.(a)		56,389		805,235
Vanda Pharmaceuticals, Inc.(a)		43,416		225,329
Vaxcyte, Inc.(a)(b)		70,826		3,677,286
Vera Therapeutics, Inc.(a)		33,456		591,837
Vericel Corp.(a)		35,950		1,180,239
Viking Therapeutics, Inc.(a)(b)		75,460		1,042,103
Vir Biotechnology, Inc.(a)		101,263		1,281,990
Viridian Therapeutics, Inc.(a)(b)		32,602		592,378
Xencor, Inc.(a)		45,639		1,003,145

Security Description	Shares		Value
Biotechnology (continued)
Xenon Pharmaceuticals, Inc.(a)		48,042	$	1,872,677
Zai Lab, Ltd., ADR(a)(b)		72,576		1,848,510
Zentalis Pharmaceuticals, Inc.(a)(b)		44,955		1,194,005
Total Biotechnology				87,101,744
Pharmaceuticals (13.83%)
Aclaris Therapeutics, Inc.(a)(b)		53,415		399,544
Amylyx Pharmaceuticals, Inc.(a)		50,769		1,094,580
Arvinas, Inc.(a)		40,363		1,138,640
Atea Pharmaceuticals, Inc.(a)		63,036		211,801
Axsome Therapeutics, Inc.(a)(b)		32,930		2,660,744
Cassava Sciences, Inc.(a)(b)		31,553		661,666
Corcept Therapeutics, Inc.(a)		76,769		2,512,649
Cymabay Therapeutics, Inc.(a)(b)		73,703		1,013,416
Edgewise Therapeutics, Inc.(a)		47,826		298,913
Pliant Therapeutics, Inc.(a)(b)		44,708		754,671
Tarsus Pharmaceuticals, Inc.(a)		20,254		354,648
Terns Pharmaceuticals, Inc.(a)		42,843		225,783
Ventyx Biosciences, Inc.(a)		44,262		1,482,777
Verona Pharma PLC, ADR(a)		60,053		1,166,829
Total Pharmaceuticals				13,976,661
TOTAL COMMON STOCKS
(Cost $115,036,338)				101,078,405

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (2.50%)
Money Market Fund (0.02%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $23,209)	5.28	%		23,209	$	23,209
Investments Purchased with Collateral from Securities Loaned (2.48%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $2,509,785)				2,509,785		2,509,785
TOTAL SHORT TERM INVESTMENTS
(Cost $2,532,994)						2,532,994
TOTAL INVESTMENTS (102.51%)
(Cost $117,569,332)					$	103,611,399
LIABILITIES IN EXCESS OF OTHER ASSETS (-2.51%)						(2,538,052	)
NET ASSETS - 100.00%					$	101,073,347

(a)	Non-income producing security.
(b)	The security, or a portion of the security position is currently on loan. The total market value of securities on loan was $21,963,314.

See Notes to Quarterly Schedule of Investments.

ALPS | O'Shares Europe Quality Dividend ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (98.95%)
Air Freight & Logistics (2.36%)
DHL Group		20,231	$	945,178
Automobile Components (1.22%)
Cie Generale des Etablissements Michelin SCA		15,563		487,878
Automobiles (4.23%)
Bayerische Motoren Werke AG		11,100		1,169,568
Stellantis NV(a)		28,225		525,686
Total Automobiles				1,695,254
Beverages (2.77%)
Carlsberg AS		1,938		280,841
Diageo PLC		12,983		533,454
Heineken NV		1,606		156,419
Pernod Ricard SA		709		139,308
Total Beverages				1,110,022
Building Products (2.20%)
Assa Abloy AB, Class B		26,859		605,698
Geberit AG		535		277,751
Total Building Products				883,449
Capital Markets (6.36%)
3i Group PLC		61,942		1,564,264
Partners Group Holding AG		912		986,180
Total Capital Markets				2,550,444
Communications Equipment (1.67%)
Telefonaktiebolaget LM Ericsson		130,175		669,750
Consumer Staples Distribution & Retail (0.98%)
Koninklijke Ahold Delhaize NV		12,051		394,313
Diversified Telecommunication Services (1.34%)
Elisa Oyj		10,949		537,471
Electric Utilities (4.50%)
Iberdrola SA		81,464		968,158
SSE PLC		40,389		832,196
Total Electric Utilities				1,800,354
Electrical Equipment (7.15%)
ABB, Ltd.		23,933		912,778
Legrand SA		4,623		456,680
Schneider Electric SE		8,699		1,495,850
Total Electrical Equipment				2,865,308

Security Description	Shares		Value
Electronic Equipment, Instruments & Components (1.68%)
Hexagon AB, Class B		75,187	$	672,312
Food Products (4.60%)
Chocoladefabriken Lindt & Spruengli AG		6		71,795
Nestle SA		14,719		1,772,912
Total Food Products				1,844,707
Health Care Equipment & Supplies (0.27%)
Coloplast A/S, Class B		934		106,702
Household Products (1.40%)
Reckitt Benckiser Group PLC		7,750		559,806
Insurance (0.64%)
Zurich Insurance Group AG		549		257,922
Machinery (3.97%)
Atlas Copco AB		57,503		761,297
Kone Oyj, Class B		14,393		655,497
Schindler Holding AG(a)		773		172,522
Total Machinery				1,589,316
Marine (0.90%)
A P Moller-Maersk A/S		199		362,063
Marine Transportation (1.77%)
Kuehne + Nagel International AG		2,360		710,391
Multi-Utilities (2.22%)
E.ON SE		71,970		888,104
Personal Care Products (4.57%)
L'Oreal SA		1,920		844,857
Unilever PLC		19,290		987,727
Total Personal Care Products				1,832,584
Pharmaceuticals (16.09%)
GSK PLC		9,051		159,237
Merck KGaA		1,357		244,263
Novartis AG		19,969		2,018,941
Novo Nordisk A/S, Class B		12,614		2,338,135
Roche Holding AG		4,452		1,311,887
Sanofi		3,457		369,762
Total Pharmaceuticals				6,442,225
Professional Services (6.82%)
Experian PLC		14,418		504,472
RELX PLC		31,253		1,020,664
SGS SA		1,455		132,397
Wolters Kluwer NV		8,898		1,072,920
Total Professional Services				2,730,453
Semiconductors & Semiconductor Equipment (4.62%)
ASML Holding NV		2,808		1,850,969

Security Description	Shares		Value
Software (5.23%)
SAP SE		15,038	$	2,100,601
Textiles, Apparel & Luxury Goods (9.16%)
Hermes International SCA		386		795,598
Kering SA		1,766		946,376
LVMH Moet Hennessy Louis Vuitton SE		2,277		1,931,307
Total Textiles, Apparel & Luxury Goods				3,673,281
Tobacco (0.23%)
British American Tobacco PLC		2,786		92,556
TOTAL COMMON STOCKS
(Cost $38,552,522)				39,653,413

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.21%)
Money Market Fund (0.21%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		82,411		82,411
TOTAL SHORT TERM INVESTMENTS
(Cost $82,411)							82,411
TOTAL INVESTMENTS (99.16%)
(Cost $38,634,933)						$	39,735,824
OTHER ASSETS IN EXCESS OF LIABILITIES (0.84%)							337,717
NET ASSETS - 100.00%						$	40,073,541

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments. 

ALPS | O'Shares Global Internet Giants ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (100.00%)
Broadline Retail (12.38%)
Alibaba Group Holding, Ltd., Sponsored ADR(a)		13,987	$	1,299,392
Allegro.eu SA(a)(b)(c)		208,059		1,665,198
Amazon.com, Inc.(a)		51,900		7,162,720
Etsy, Inc.(a)		6,454		474,821
JD.com, Inc., ADR		25,782		856,220
MercadoLibre, Inc.(a)		1,918		2,632,186
PDD Holdings, Inc., ADR(a)		37,860		3,747,005
Total Broadline Retail				17,837,542
Entertainment (8.65%)
Activision Blizzard, Inc.		13,697		1,259,987
Bilibili, Inc., ADR(a)		74,743		1,130,862
Electronic Arts, Inc.		2,252		270,195
Kingsoft Corp., Ltd.		309,800		1,236,458
Live Nation Entertainment, Inc.(a)		5,450		460,689
NetEase, Inc., ADR		6,171		638,575
Netflix, Inc.(a)		3,448		1,495,329
Nexon Co., Ltd.		37,200		756,042
ROBLOX Corp., Class A(a)		51,719		1,463,131
Roku, Inc.(a)		9,467		768,720
Spotify Technology SA(a)		7,386		1,137,222
Take-Two Interactive Software, Inc.(a)		12,950		1,841,490
Total Entertainment				12,458,700
Hotels, Restaurants & Leisure (4.22%)
Delivery Hero SE(a)(b)(c)		45,723		1,672,079
DoorDash, Inc., Class A(a)		19,743		1,660,979
Meituan, Class B(a)(b)(c)		167,317		2,741,555
Total Hotels, Restaurants & Leisure				6,074,613
Interactive Media & Services (12.11%)
Alphabet, Inc., Class A(a)		52,831		7,193,996
Baidu, Inc., Sponsored ADR(a)		3,815		544,896
Kuaishou Technology(a)(b)(c)		150,600		1,232,860
Match Group, Inc.(a)		13,942		653,462
Meta Platforms, Inc., Class A(a)		10,045		2,972,215
Pinterest, Inc., Class A(a)		32,887		904,064
Snap, Inc., Class A(a)		54,719		566,342
Tencent Holdings, Ltd.		49,317		2,043,778
Z Holdings Corp.		171,800		516,953
ZoomInfo Technologies, Inc.(a)		45,678		823,118
Total Interactive Media & Services				17,451,684
IT Services (7.83%)
Cloudflare, Inc., Class A(a)		33,285		2,164,524
MongoDB, Inc.(a)		5,329		2,031,948
Okta, Inc.(a)		13,754		1,148,597
Shopify, Inc., Class A(a)		33,425		2,222,428
Snowflake, Inc., Class A(a)		15,315		2,402,157
Twilio, Inc., Class A(a)		14,241		907,294

Security Description	Shares		Value
IT Services (continued)
VeriSign, Inc.(a)		1,949	$	404,983
Total IT Services				11,281,931
Professional Services (3.97%)
Ceridian HCM Holding, Inc.(a)		17,799		1,290,783
Paycom Software, Inc.		5,175		1,525,797
Paycor HCM, Inc.(a)(d)		50,295		1,180,424
Paylocity Holding Corp.(a)		8,593		1,722,897
Total Professional Services				5,719,901
Software (50.54%)
Adobe, Inc.(a)		3,679		2,057,812
Atlassian Corp., Class A(a)		10,419		2,126,101
BILL Holdings, Inc.(a)		15,746		1,815,514
Confluent, Inc., Class A(a)		50,869		1,683,255
Crowdstrike Holdings, Inc., Class A(a)		15,696		2,558,919
CyberArk Software, Ltd.(a)		10,051		1,668,868
Datadog, Inc., Class A(a)		21,594		2,083,389
DocuSign, Inc.(a)		8,766		440,930
DoubleVerify Holdings, Inc.(a)		44,936		1,519,286
Dynatrace, Inc.(a)		26,533		1,278,891
Elastic NV(a)		22,570		1,396,632
Fortinet, Inc.(a)		28,210		1,698,524
Gen Digital, Inc.		45,040		912,060
Gitlab, Inc., Class A(a)		39,925		1,891,247
HashiCorp, Inc., Class A(a)		67,915		1,980,401
HubSpot, Inc.(a)		3,019		1,649,944
Intuit, Inc.		2,776		1,504,065
Kingdee International Software Group Co., Ltd.(a)		1,209,215		1,868,788
Microsoft Corp.		25,471		8,348,374
Monday.com, Ltd.(a)		10,620		1,884,413
Nice, Ltd., ADR(a)(d)		2,831		551,479
Nutanix, Inc.(a)		32,673		1,016,130
Open Text Corp.		43,154		1,738,999
Oracle Corp.		17,674		2,127,773
Palantir Technologies, Inc., Class A(a)		89,371		1,338,778
Palo Alto Networks, Inc.(a)		9,058		2,203,811
Salesforce, Inc.(a)		6,861		1,519,437
Samsara, Inc., Class A(a)		64,223		1,757,141
SAP SE		7,320		1,022,503
SentinelOne, Inc., Class A(a)		124,229		2,065,928
ServiceNow, Inc.(a)		5,174		3,046,605
Smartsheet, Inc., Class A(a)		43,970		1,834,868
Splunk, Inc.(a)		5,202		630,795
Tenable Holdings, Inc.(a)		28,469		1,291,639
UiPath, Inc., Class A(a)		61,189		967,398
Unity Software, Inc.(a)		53,912		1,998,518
VMware, Inc., Class A(a)		2,667		450,136
Workday, Inc., Class A(a)		6,362		1,555,509
Workiva, Inc.(a)		10,994		1,229,679
Xero, Ltd.(a)		23,601		1,913,061
Zscaler, Inc.(a)		13,976		2,180,955
Total Software				72,808,555

Security Description	Shares		Value
Specialty Retail (0.30%)
Chewy, Inc., Class A(a)		17,926	$	429,865
TOTAL COMMON STOCKS
(Cost $160,919,969)				144,062,791

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.51%)
Money Market Fund (0.01%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $20,726)		5.28	%		20,726	$	20,726
Investments Purchased with Collateral from Securities Loaned (0.50%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $727,163)					727,163		727,163
TOTAL SHORT TERM INVESTMENTS
(Cost $747,889)							747,889
TOTAL INVESTMENTS (100.51%)
(Cost $161,667,858)						$	144,810,680
LIABILITIES IN EXCESS OF OTHER ASSETS (-0.51%)							(743,922	)
NET ASSETS - 100.00%						$	144,066,758

(a)	Non-income producing security.
(b)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $7,311,692, representing 5.08% of net assets.
(c)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration.  Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $7,311,692, representing 5.08% of net assets.
(d)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $709,733.

See Notes to Quarterly Schedule of Investments. 

ALPS | O'Shares U.S. Quality Dividend ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.79%)
Aerospace & Defense (1.78%)
General Dynamics Corp.		8,622	$	1,954,090
L3Harris Technologies, Inc.		4,028		717,347
Lockheed Martin Corp.		12,465		5,588,682
Northrop Grumman Corp.		8,640		3,741,898
Total Aerospace & Defense				12,002,017
Air Freight & Logistics (2.23%)
CH Robinson Worldwide, Inc.		6,958		629,212
Expeditors International of Washington, Inc.		13,343		1,557,262
United Parcel Service, Inc., Class B		75,812		12,842,552
Total Air Freight & Logistics				15,029,026
Beverages (2.62%)
Brown-Forman Corp., Class B		11,742		776,498
Coca-Cola Co.		142,305		8,514,108
PepsiCo, Inc.		47,039		8,369,179
Total Beverages				17,659,785
Biotechnology (2.87%)
AbbVie, Inc.		58,131		8,542,932
Amgen, Inc.		31,059		7,961,664
Gilead Sciences, Inc.		36,994		2,829,301
Total Biotechnology				19,333,897
Building Products (0.20%)
Trane Technologies PLC		6,566		1,347,737
Capital Markets (11.16%)
BlackRock, Inc.		7,160		5,015,866
Blackstone, Inc.		69,845		7,429,413
Moody's Corp.		19,612		6,605,322
MSCI, Inc.		8,861		4,817,017
S&P Global, Inc.		73,839		28,860,711
T Rowe Price Group, Inc.		199,153		22,350,941
Total Capital Markets				75,079,270
Commercial Services & Supplies (0.44%)
Cintas Corp.		2,610		1,315,884
Waste Management, Inc.		10,608		1,663,122
Total Commercial Services & Supplies				2,979,006
Communications Equipment (2.97%)
Cisco Systems, Inc.		329,732		18,910,131
Motorola Solutions, Inc.		3,776		1,070,760
Total Communications Equipment				19,980,891
Consumer Staples Distribution & Retail (1.88%)
Costco Wholesale Corp.		8,373		4,599,121
Dollar General Corp.		9,957		1,379,045

Security Description	Shares		Value
Consumer Staples Distribution & Retail (continued)
Target Corp.		15,717	$	1,988,986
Walmart, Inc.		28,984		4,713,089
Total Consumer Staples Distribution & Retail				12,680,241
Diversified Telecommunication Services (2.17%)
AT&T, Inc.		219,402		3,244,956
Verizon Communications, Inc.		324,845		11,363,078
Total Diversified Telecommunication Services				14,608,034
Electrical Equipment (0.48%)
Eaton Corp. PLC		6,408		1,476,211
Emerson Electric Co.		17,995		1,768,009
Total Electrical Equipment				3,244,220
Electronic Equipment, Instruments & Components (0.58%)
Amphenol Corp., Class A		17,240		1,523,671
Corning, Inc.		15,608		512,255
TE Connectivity, Ltd.		14,234		1,884,439
Total Electronic Equipment, Instruments & Components				3,920,365
Financial Services (2.71%)
Mastercard, Inc., Class A		10,008		4,129,701
Visa, Inc., Class A		57,468		14,118,738
Total Financial Services				18,248,439
Food Products (0.86%)
Archer-Daniels-Midland Co.		7,868		623,932
General Mills, Inc.		13,330		901,908
Hershey Co.		6,160		1,323,538
Mondelez International, Inc., Class A		32,716		2,331,342
Tyson Foods, Inc., Class A		10,974		584,585
Total Food Products				5,765,305
Ground Transportation (1.56%)
CSX Corp.		49,485		1,494,447
Norfolk Southern Corp.		8,020		1,644,180
Union Pacific Corp.		33,374		7,361,303
Total Ground Transportation				10,499,930
Health Care Equipment & Supplies (1.79%)
Abbott Laboratories		92,296		9,497,258
Medtronic PLC		31,009		2,527,234
Total Health Care Equipment & Supplies				12,024,492
Health Care Providers & Services (1.41%)
CVS Health Corp.		4,909		319,920
Elevance Health, Inc.		1,211		535,274
Quest Diagnostics, Inc.		4,381		576,102
UnitedHealth Group, Inc.		16,957		8,081,366
Total Health Care Providers & Services				9,512,662

Security Description	Shares		Value
Hotels, Restaurants & Leisure (6.25%)
McDonald's Corp.		77,032	$	21,657,547
Starbucks Corp.		157,955		15,391,135
Yum! Brands, Inc.		38,612		4,995,621
Total Hotels, Restaurants & Leisure				42,044,303
Household Durables (0.38%)
Garmin, Ltd.		24,297		2,575,968
Household Products (3.52%)
Colgate-Palmolive Co.		33,184		2,438,028
Kimberly-Clark Corp.		10,771		1,387,628
Procter & Gamble Co.		128,342		19,808,304
Total Household Products				23,633,960
Industrial Conglomerates (1.53%)
3M Co.		34,308		3,659,634
Honeywell International, Inc.		35,130		6,602,333
Total Industrial Conglomerates				10,261,967
Insurance (4.79%)
Chubb, Ltd.		18,204		3,656,637
Marsh & McLennan Cos., Inc.		146,555		28,576,760
Total Insurance				32,233,397
IT Services (2.41%)
Accenture PLC, Class A		37,696		12,204,834
Cognizant Technology Solutions Corp., Class A		40,028		2,866,405
International Business Machines Corp.		7,632		1,120,607
Total IT Services				16,191,846
Life Sciences Tools & Services (0.25%)
Agilent Technologies, Inc.		3,990		483,069
Danaher Corp.		2,637		698,805
Thermo Fisher Scientific, Inc.		861		479,663
Total Life Sciences Tools & Services				1,661,537
Machinery (1.69%)
Caterpillar, Inc.		6,868		1,930,801
Cummins, Inc.		5,936		1,365,517
Illinois Tool Works, Inc.		26,818		6,633,433
Otis Worldwide Corp.		16,689		1,427,744
Total Machinery				11,357,495
Media (3.01%)
Comcast Corp., Class A		432,758		20,235,764
Personal Care Products (0.06%)
Estee Lauder Cos., Inc., Class A		2,458		394,583
Pharmaceuticals (12.38%)
Bristol-Myers Squibb Co.		58,263		3,591,914
Eli Lilly & Co.		17,606		9,757,245
Johnson & Johnson		147,578		23,860,412
Merck & Co., Inc.		231,880		25,270,283
Pfizer, Inc.		536,180		18,970,048

Security Description	Shares		Value
Pharmaceuticals (continued)
Zoetis, Inc.		9,704	$	1,848,709
Total Pharmaceuticals				83,298,611
Professional Services (0.78%)
Automatic Data Processing, Inc.		9,195		2,341,139
Paychex, Inc.		16,347		1,998,094
Verisk Analytics, Inc.		3,693		894,518
Total Professional Services				5,233,751
Semiconductors & Semiconductor Equipment (4.52%)
Analog Devices, Inc.		13,408		2,437,306
Broadcom, Inc.		4,796		4,426,180
Intel Corp.		103,600		3,640,504
QUALCOMM, Inc.		7,000		801,710
Texas Instruments, Inc.		113,786		19,122,876
Total Semiconductors & Semiconductor Equipment				30,428,576
Software (5.37%)
Microsoft Corp.		99,844		32,724,869
Oracle Corp.		28,109		3,384,043
Total Software				36,108,912
Specialty Retail (8.84%)
Home Depot, Inc.		105,180		34,740,953
Lowe's Cos., Inc.		53,449		12,318,926
TJX Cos., Inc.		102,955		9,521,278
Tractor Supply Co.		13,033		2,847,711
Total Specialty Retail				59,428,868
Technology Hardware, Storage & Peripherals (4.38%)
Apple, Inc.		152,723		28,692,070
HP, Inc.		26,764		795,158
Total Technology Hardware, Storage & Peripherals				29,487,228
Textiles, Apparel & Luxury Goods (0.47%)
NIKE, Inc., Class B		31,378		3,191,456
Tobacco (0.96%)
Altria Group, Inc.		26,753		1,183,018
Philip Morris International, Inc.		55,273		5,309,524
Total Tobacco				6,492,542
Trading Companies & Distributors (0.49%)
Fastenal Co.		56,895		3,276,014
TOTAL COMMON STOCKS
(Cost $588,833,709)				671,452,095

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.01%)
Money Market Fund (0.01%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		89,367	$	89,367
TOTAL SHORT TERM INVESTMENTS
(Cost $89,367)							89,367
TOTAL INVESTMENTS (99.80%)
(Cost $588,923,076)						$	671,541,462
OTHER ASSETS IN EXCESS OF LIABILITIES (0.20%)							1,341,905
NET ASSETS - 100.00%						$	672,883,367

See Notes to Quarterly Schedule of Investments. 

ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.79%)
Air Freight & Logistics (0.26%)
Forward Air Corp.		12,777	$	904,867
Automobile Components (3.19%)
BorgWarner, Inc.		54,081		2,203,801
Gentex Corp.		237,525		7,757,567
Lear Corp.		7,093		1,022,030
Total Automobile Components				10,983,398
Beverages (0.36%)
Molson Coors Beverage Co., Class B		19,701		1,250,816
Building Products (3.40%)
A O Smith Corp.		112,359		8,146,028
Simpson Manufacturing Co., Inc.		12,723		2,032,626
UFP Industries, Inc.		14,498		1,512,866
Total Building Products				11,691,520
Capital Markets (12.47%)
Artisan Partners Asset Management, Inc., Class A		65,798		2,527,959
Cohen & Steers, Inc.		38,028		2,478,665
Diamond Hill Investment Group, Inc.		8,754		1,477,325
Evercore, Inc., Class A		34,113		4,777,526
GCM Grosvenor, Inc.		306,717		2,343,318
Hamilton Lane, Inc., Class A		24,634		2,285,789
Houlihan Lokey, Inc.		81,954		8,633,035
Invesco, Ltd.		73,969		1,177,586
Lazard, Ltd., Class A		106,583		3,702,693
Moelis & Co., Class A		102,400		4,854,784
Morningstar, Inc.		6,538		1,521,196
SEI Investments Co.		114,056		7,078,316
Total Capital Markets				42,858,192
Commercial Services & Supplies (1.15%)
Ennis, Inc.		73,820		1,572,366
Tetra Tech, Inc.		15,075		2,372,051
Total Commercial Services & Supplies				3,944,417
Communications Equipment (1.89%)
Juniper Networks, Inc.		222,700		6,485,024
Consumer Finance (0.51%)
FirstCash Holdings, Inc.		19,711		1,760,587
Consumer Staples Distribution & Retail (0.40%)
Casey's General Stores, Inc.		4,207		1,028,233

Security Description	Shares		Value
Consumer Staples Distribution & Retail (continued)
Weis Markets, Inc.		5,589	$	362,558
Total Consumer Staples Distribution & Retail				1,390,791
Diversified Consumer Services (2.10%)
H&R Block, Inc.		56,910		2,275,262
Service Corp. International		78,432		4,949,843
Total Diversified Consumer Services				7,225,105
Diversified Telecommunication Services (0.51%)
Cogent Communications Holdings, Inc.		25,008		1,765,065
Electric Utilities (1.79%)
ALLETE, Inc.		7,034		386,167
IDACORP, Inc.		6,380		611,459
MGE Energy, Inc.		4,879		353,386
NRG Energy, Inc.		39,238		1,473,386
OGE Energy Corp.		40,932		1,393,735
Otter Tail Corp.(a)		8,694		716,125
Pinnacle West Capital Corp.		10,277		794,104
Portland General Electric Co.		8,562		375,529
Total Electric Utilities				6,103,891
Electronic Equipment, Instruments & Components (6.56%)
Avnet, Inc.		137,512		6,978,734
Crane NXT Co.		27,569		1,636,496
Littelfuse, Inc.		11,822		3,157,420
National Instruments Corp.		134,304		8,004,518
Vishay Intertechnology, Inc.		101,727		2,791,389
Total Electronic Equipment, Instruments & Components				22,568,557
Financial Services (3.98%)
Essent Group, Ltd.		26,636		1,337,660
Jack Henry & Associates, Inc.		32,365		5,074,185
Radian Group, Inc.		71,178		1,927,500
Western Union Co.		433,816		5,357,627
Total Financial Services				13,696,972
Food Products (3.77%)
Cal-Maine Foods, Inc.		27,076		1,293,962
Flowers Foods, Inc.		141,534		3,334,541
Ingredion, Inc.		42,182		4,340,950
J & J Snack Foods Corp.		4,847		785,844
Lamb Weston Holdings, Inc.		8,133		792,236
Lancaster Colony Corp.		11,845		1,956,676
Tootsie Roll Industries, Inc.		13,676		439,683
Total Food Products				12,943,892
Gas Utilities (1.06%)
Chesapeake Utilities Corp.		1,402		154,360
National Fuel Gas Co.		23,302		1,252,250
New Jersey Resources Corp.		7,836		330,444
Spire, Inc.		4,835		282,412

Security Description	Shares		Value
Gas Utilities (continued)
UGI Corp.		64,802	$	1,631,715
Total Gas Utilities				3,651,181
Ground Transportation (2.28%)
Landstar System, Inc.		21,274		4,038,018
Schneider National, Inc., Class B		131,862		3,812,130
Total Ground Transportation				7,850,148
Health Care Equipment & Supplies (1.56%)
Dentsply Sirona, Inc.		144,420		5,356,538
Health Care Providers & Services (4.72%)
Encompass Health Corp.		124,610		8,852,295
National HealthCare Corp.		52,811		3,482,885
Premier, Inc., Class A		181,233		3,901,946
Total Health Care Providers & Services				16,237,126
Hotels, Restaurants & Leisure (3.28%)
Choice Hotels International, Inc.		12,862		1,632,188
Cracker Barrel Old Country Store, Inc.		8,619		710,464
Texas Roadhouse, Inc.		27,759		2,889,712
Vail Resorts, Inc.		22,202		5,024,757
Wyndham Hotels & Resorts, Inc.		13,347		1,006,230
Total Hotels, Restaurants & Leisure				11,263,351
Household Durables (1.08%)
Leggett & Platt, Inc.		64,069		1,806,746
Whirlpool Corp.		13,554		1,897,018
Total Household Durables				3,703,764
Household Products (0.56%)
Reynolds Consumer Products, Inc.		37,625		1,026,786
WD-40 Co.		4,117		884,620
Total Household Products				1,911,406
Independent Power and Renewable Electricity Producers (0.10%)
Clearway Energy, Inc.		14,171		351,016
Insurance (7.94%)
Erie Indemnity Co., Class A		28,415		7,920,113
First American Financial Corp.		119,324		7,359,904
Old Republic International Corp.		287,839		7,872,397
RLI Corp.		17,797		2,340,661
Stewart Information Services Corp.		38,903		1,801,987
Total Insurance				27,295,062
IT Services (1.98%)
Amdocs, Ltd.		76,337		6,809,260
Leisure Products (0.75%)
Brunswick Corp.		12,635		999,681

Security Description	Shares		Value
Leisure Products (continued)
Sturm Ruger & Co., Inc.		30,513	$	1,573,861
Total Leisure Products				2,573,542
Machinery (11.98%)
Donaldson Co., Inc.		118,694		7,580,986
Franklin Electric Co., Inc.		21,733		2,101,798
Graco, Inc.		97,455		7,693,098
ITT, Inc.		29,605		3,027,999
Lincoln Electric Holdings, Inc.		46,134		8,878,951
Mueller Industries, Inc.		19,482		1,503,231
Snap-on, Inc.		28,732		7,717,415
Watts Water Technologies, Inc., Class A		14,131		2,667,509
Total Machinery				41,170,987
Media (3.63%)
Cable One, Inc.		811		527,612
Interpublic Group of Cos., Inc.		211,914		6,910,515
John Wiley & Sons, Inc., Class A		27,754		1,031,339
New York Times Co., Class A		30,629		1,355,946
News Corp., Class A		90,747		1,950,153
TEGNA, Inc.		41,085		679,135
Total Media				12,454,700
Multi-Utilities (0.51%)
Avista Corp.		5,575		185,592
Black Hills Corp.		4,445		244,475
NiSource, Inc.		39,282		1,051,186
NorthWestern Corp.		5,575		280,980
Total Multi-Utilities				1,762,233
Pharmaceuticals (1.39%)
Organon & Co.		217,648		4,779,550
Professional Services (6.26%)
CSG Systems International, Inc.		35,544		1,930,395
Exponent, Inc.		29,852		2,682,501
Genpact, Ltd.		113,934		4,253,156
Maximus, Inc.		81,690		6,602,185
Robert Half, Inc.		81,861		6,054,440
Total Professional Services				21,522,677
Semiconductors & Semiconductor Equipment (0.75%)
Power Integrations, Inc.		30,831		2,590,421
Software (3.00%)
Dolby Laboratories, Inc., Class A		86,448		7,302,263
InterDigital, Inc.		34,558		2,996,524
Total Software				10,298,787
Textiles, Apparel & Luxury Goods (2.01%)
Carter's, Inc.		29,613		2,119,402
Columbia Sportswear Co.		24,516		1,798,003
Ralph Lauren Corp.		15,070		1,757,614
Steven Madden, Ltd.		36,221		1,249,625
Total Textiles, Apparel & Luxury Goods				6,924,644

Security Description	Shares		Value
Trading Companies & Distributors (2.37%)
Watsco, Inc.		22,366	$	8,153,525
Water Utilities (0.24%)
American States Water Co.		4,043		340,461
Essential Utilities, Inc.		13,566		500,585
Total Water Utilities				841,046
TOTAL COMMON STOCKS
(Cost $319,603,109)				343,074,058

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.13%)
Money Market Fund (0.01%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)
(Cost $44,718)		5.28	%		44,718	$	44,718
Investments Purchased with Collateral from Securities Loaned (0.12%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $407,066)					407,066		407,066
TOTAL SHORT TERM INVESTMENTS
(Cost $451,784)							451,784
TOTAL INVESTMENTS (99.92%)
(Cost $320,054,893)						$	343,525,842
OTHER ASSETS IN EXCESS OF LIABILITIES (0.08%)							277,691
NET ASSETS - 100.00%						$	343,803,533

(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $392,164.

See Notes to Quarterly Schedule of Investments. 

ALPS REIT Dividend Dogs ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.62%)
Data Center REITs (2.28%)
Equinix, Inc.		378	$	295,362
Diversified REITs (11.11%)
Broadstone Net Lease, Inc.		17,253		278,981
CTO Realty Growth, Inc.		16,749		295,118
Gladstone Commercial Corp.		22,027		289,655
Global Net Lease, Inc.(a)		27,077		307,324
One Liberty Properties, Inc.		13,551		266,277
Total Diversified REITs				1,437,355
Health Care REITs (10.45%)
Global Medical REIT, Inc.		30,415		294,417
Healthcare Realty Trust, Inc.		14,259		249,818
Medical Properties Trust, Inc.		30,583		220,809
Omega Healthcare Investors, Inc.		9,032		287,398
Sabra Health Care REIT, Inc.		23,981		300,482
Total Health Care REITs				1,352,924
Hotel & Resort REITs (10.33%)
Apple Hospitality REIT, Inc.		18,132		272,343
Park Hotels & Resorts, Inc.		20,204		259,217
Pebblebrook Hotel Trust(a)		19,766		286,014
RLJ Lodging Trust		25,928		259,021
Service Properties Trust		31,469		259,934
Total Hotel & Resort REITs				1,336,529
Industrial REITs (11.49%)
EastGroup Properties, Inc.		1,653		296,928
Innovative Industrial Properties, Inc.		3,982		347,549
LXP Industrial Trust		27,580		270,836
Plymouth Industrial REIT, Inc.		12,531		287,085
STAG Industrial, Inc.		7,793		284,678
Total Industrial REITs				1,487,076
Multi-Family Residential REITs (8.75%)
Apartment Income REIT Corp.		7,645		260,389
BRT Apartments Corp.		14,352		267,665
Centerspace		4,491		290,747
Clipper Realty, Inc.		50,915		313,127
Total Multi-Family Residential REITs				1,131,928
Office REITs (12.67%)
Brandywine Realty Trust		63,441		317,205
Hudson Pacific Properties, Inc.		54,148		368,748
Office Properties Income Trust		35,620		263,588
Piedmont Office Realty Trust, Inc., Class A		40,788		280,213

Security Description	Shares		Value
Office REITs (continued)
SL Green Realty Corp.		10,445	$	410,071
Total Office REITs				1,639,825
Retail REITs (11.13%)
Alexander's, Inc.		1,520		291,460
Necessity Retail REIT, Inc.(a)		41,449		310,867
Saul Centers, Inc.		7,411		278,357
Simon Property Group, Inc.		2,539		288,151
Spirit Realty Capital, Inc.		7,019		271,004
Total Retail REITs				1,439,839
Self-Storage REITs (2.00%)
National Storage Affiliates Trust		7,685		258,216
Single-Family Residential REITs (1.99%)
UMH Properties, Inc.		17,241		257,753
Specialized REITs (10.66%)
EPR Properties		6,193		277,323
Four Corners Property Trust, Inc.		10,676		268,608
Gaming and Leisure Properties, Inc.		5,645		267,573
Outfront Media, Inc.		18,548		210,520
Uniti Group, Inc.		66,128		355,107
Total Specialized REITs				1,379,131
Technology REITs (4.66%)
Crown Castle, Inc.		2,466		247,833
Digital Realty Trust, Inc.		2,695		354,985
Total Technology REITs				602,818
Telecom Tower REITs (2.10%)
American Tower Corp.		1,499		271,799
TOTAL COMMON STOCKS
(Cost $15,934,838)				12,890,555

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.23%)
Money Market Fund (0.23%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		30,304		30,304
TOTAL SHORT TERM INVESTMENTS
(Cost $30,304)							30,304
TOTAL INVESTMENTS (99.85%)
(Cost $15,965,142)						$	12,920,859
OTHER ASSETS IN EXCESS OF LIABILITIES (0.15%)							20,041
NET ASSETS - 100.00%						$	12,940,900

^(a) Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $734,958.

See Notes to Quarterly Schedule of Investments.

ALPS Sector Dividend Dogs ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.38%)
Communication Services (8.83%)
AT&T, Inc.		1,436,965	$	21,252,712
Interpublic Group of Cos., Inc.		578,346		18,859,863
Omnicom Group, Inc.		242,522		19,646,707
Paramount Global, Class B		1,423,577		21,481,777
Verizon Communications, Inc.		646,166		22,602,887
Total Communication Services				103,843,946
Consumer Discretionary (10.67%)
Best Buy Co., Inc.		304,662		23,291,410
Hasbro, Inc.		380,210		27,375,120
Newell Brands, Inc.		2,702,849		28,596,142
VF Corp.		1,199,414		23,700,421
Whirlpool Corp.		161,375		22,586,045
Total Consumer Discretionary				125,549,138
Consumer Staples (9.11%)
Altria Group, Inc.		506,808		22,411,050
Kimberly-Clark Corp.		170,379		21,949,926
Kraft Heinz Co.		621,487		20,565,005
Philip Morris International, Inc.		247,556		23,780,229
Walgreens Boots Alliance, Inc.		729,447		18,462,304
Total Consumer Staples				107,168,514
Energy (10.55%)
Devon Energy Corp.		459,578		23,479,840
Kinder Morgan, Inc.		1,345,807		23,174,797
ONEOK, Inc.		382,975		24,969,970
Phillips 66		232,037		26,489,344
Williams Cos., Inc.		754,153		26,040,903
Total Energy				124,154,854
Financials (9.81%)
Citigroup, Inc.		474,558		19,594,500
Franklin Resources, Inc.		869,197		23,242,328
Lincoln National Corp.		992,223		25,460,442
Prudential Financial, Inc.		271,079		25,663,049
Truist Financial Corp.		702,456		21,460,031
Total Financials				115,420,350
Health Care (10.27%)
AbbVie, Inc.		165,894		24,379,782
Gilead Sciences, Inc.		293,366		22,436,632
Medtronic PLC		273,725		22,308,587

Security Description	Shares		Value
Health Care (continued)
Organon & Co.		1,155,778	$	25,380,885
Viatris, Inc.		2,443,521		26,267,851
Total Health Care				120,773,737
Industrials (10.20%)
3M Co.		229,440		24,474,365
Fastenal Co.		418,487		24,096,481
Snap-On, Inc.		85,648		23,005,053
Stanley Black & Decker, Inc.		270,906		25,568,108
United Parcel Service, Inc., Class B		134,480		22,780,912
Total Industrials				119,924,919
Information Technology (10.46%)
Corning, Inc.		699,240		22,949,057
HP, Inc.		769,102		22,850,020
Intel Corp.		731,299		25,697,847
International Business Machines Corp.		169,374		24,869,184
Seagate Technology Holdings PLC		376,392		26,644,790
Total Information Technology				123,010,898
Materials (10.11%)
Amcor PLC		2,290,274		22,307,269
International Paper Co.		723,511		25,265,004
LyondellBasell Industries NV, Class A		257,445		25,427,843
Newmont Mining Corp.		552,863		21,793,859
The Dow Chemical Co.		442,952		24,167,461
Total Materials				118,961,436
Utilities (9.37%)
Dominion Resources, Inc.		431,722		20,955,786
Duke Energy Corp.		250,396		22,235,165
Edison International		338,421		23,300,286
Pinnacle West Capital Corp.		283,728		21,923,662
Southern Co.		321,680		21,787,386
Total Utilities				110,202,285
TOTAL COMMON STOCKS
(Cost $1,226,453,120)				1,169,010,077

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (0.15%)
Money Market Fund (0.15%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		1,744,177	$	1,744,177
TOTAL SHORT TERM INVESTMENTS
(Cost $1,744,177)							1,744,177
TOTAL INVESTMENTS (99.53%)
(Cost $1,228,197,297)						$	1,170,754,254
OTHER ASSETS IN EXCESS OF LIABILITIES (0.47%)							5,520,331
NET ASSETS - 100.00%						$	1,176,274,585

See Notes to Quarterly Schedule of Investments. 

Barron's 400 ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (97.72%)
Communication Services (1.82%)
Alphabet, Inc., Class A(a)		3,467	$	472,102
Charter Communications, Inc., Class A(a)		952		417,090
Fox Corp., Class A		9,683		320,120
Meta Platforms, Inc., Class A(a)		1,752		518,399
Netflix, Inc.(a)		1,075		466,206
Omnicom Group, Inc.		3,591		290,907
Total Communication Services				2,484,824
Consumer Discretionary (15.38%)
Academy Sports & Outdoors, Inc.		5,248		286,383
Airbnb, Inc., Class A(a)		2,655		349,265
Asbury Automotive Group, Inc.(a)		1,394		320,620
Best Buy Co., Inc.		3,996		305,494
Booking Holdings, Inc.(a)		126		391,234
BorgWarner, Inc.		6,554		267,075
Boyd Gaming Corp.		5,140		343,712
Brunswick Corp.		3,774		298,599
Buckle, Inc.		8,533		311,796
Build-A-Bear Workshop, Inc.		13,082		344,972
Cavco Industries, Inc.(a)		1,105		308,870
Chipotle Mexican Grill, Inc.(a)		204		393,035
Crocs, Inc.(a)(b)		2,726		265,349
Darden Restaurants, Inc.		2,184		339,634
Deckers Outdoor Corp.(a)		762		403,167
Dick's Sporting Goods, Inc.(b)		2,147		249,782
Dillard's, Inc., Class A		938		323,723
DR Horton, Inc.		3,338		397,289
Ethan Allen Interiors, Inc.		11,207		351,676
Everi Holdings, Inc.(a)		18,842		272,455
Five Below, Inc.(a)		1,603		275,652
Fox Factory Holding Corp.(a)		2,756		305,392
General Motors Co.		8,802		294,955
Genuine Parts Co.		1,927		296,238
Green Brick Partners, Inc.(a)		10,278		508,350
Harley-Davidson, Inc.		7,905		266,794
Haverty Furniture Cos., Inc.		9,970		312,061
Hibbett Sports, Inc.		4,808		222,658
Hilton Worldwide Holdings, Inc.		2,236		332,381
Home Depot, Inc.		1,098		362,669
Installed Building Products, Inc.		2,873		415,809
KB Home		9,227		468,732
La-Z-Boy, Inc.		10,985		338,887
Lennar Corp., Class B(b)		3,846		410,214
LKQ Corp.		5,755		302,310
M/I Homes, Inc.(a)		5,412		531,350
Malibu Boats, Inc., Class A(a)		5,485		266,352
Marriott International, Inc., Class A		1,908		388,297

Security Description	Shares		Value
Consumer Discretionary (continued)
MasterCraft Boat Holdings, Inc.(a)		10,061	$	218,927
Meritage Homes Corp.		2,952		410,446
NIKE, Inc., Class B		2,673		271,871
NVR, Inc.(a)		59		376,262
O'Reilly Automotive, Inc.(a)		381		358,026
Oxford Industries, Inc.		2,830		285,802
Polaris, Inc.		2,820		316,094
Pool Corp.		904		330,502
PulteGroup, Inc.		5,879		482,431
Ross Stores, Inc.		3,017		367,501
Skyline Champion Corp.(a)		4,708		335,539
Steven Madden, Ltd.(b)		9,321		321,574
Tapestry, Inc.		7,598		253,165
Target Hospitality Corp.(a)(b)		19,361		307,840
Taylor Morrison Home Corp., Class A(a)		9,115		432,051
Tesla, Inc.(a)		1,813		467,899
TJX Cos., Inc.		4,229		391,098
Toll Brothers, Inc.		5,476		448,649
TopBuild Corp.(a)		1,629		472,540
Tractor Supply Co.		1,384		302,404
TRI Pointe Group, Inc.(a)		13,447		418,202
Ulta Beauty, Inc.(a)		604		250,678
Williams-Sonoma, Inc.(b)		2,608		368,250
Total Consumer Discretionary				21,010,982
Consumer Staples (3.64%)
Brown-Forman Corp., Class A		5,084		341,797
Cal-Maine Foods, Inc.		5,603		267,767
Campbell Soup Co.		5,982		249,450
Clorox Co.		2,092		327,294
Coca-Cola Co.		5,307		317,518
Coca-Cola Consolidated, Inc.		599		418,641
Costco Wholesale Corp.		665		365,271
Dollar Tree, Inc.(a)		2,241		274,209
elf Beauty, Inc.(a)		4,516		626,414
General Mills, Inc.		4,002		270,775
Hershey Co.		1,322		284,045
Kraft Heinz Co.		8,481		280,636
Kroger Co.		6,673		309,561
Lamb Weston Holdings, Inc.		3,220		313,660
PepsiCo, Inc.		1,825		324,704
Total Consumer Staples				4,971,742
Energy (9.93%)
APA Corp.		8,939		391,886
Ardmore Shipping Corp.		18,610		231,508
Berry Corp.		35,764		306,498
Cactus, Inc., Class A		7,380		393,649
Callon Petroleum Co.(a)		8,816		345,852
Cheniere Energy, Inc.		2,038		332,602
Civitas Resources, Inc.(b)		4,606		378,705
CVR Energy, Inc.(b)		10,454		341,846
Denbury, Inc.(a)		3,861		353,590
Diamondback Energy, Inc.		2,312		350,915
Dorian LPG, Ltd.		15,095		389,451
Exxon Mobil Corp.		2,917		324,341
Halliburton Co.		9,302		359,243
Hess Corp.		2,422		374,199

Security Description	Shares		Value
Energy (continued)
HF Sinclair Corp.		6,375	$	351,199
HighPeak Energy, Inc.(b)		14,306		210,727
International Seaways, Inc.		6,619		284,418
Kosmos Energy, Ltd.(a)		45,456		330,920
Liberty Energy, Inc., Class A		22,369		356,786
Marathon Petroleum Corp.		2,443		348,787
Matador Resources Co.		6,163		391,351
Murphy Oil Corp.		8,769		398,113
Northern Oil and Gas, Inc.(b)		10,516		439,884
ONEOK, Inc.		4,879		318,111
Par Pacific Holdings, Inc.(a)		11,597		398,357
PBF Energy, Inc., Class A		7,095		332,685
Peabody Energy Corp.(b)		12,626		272,469
Permian Basin Royalty Trust(b)		13,721		281,143
Permian Resources Corp.(b)		29,757		421,954
Phillips 66		3,103		354,238
Range Resources Corp.(b)		12,436		402,678
RPC, Inc.		37,689		301,135
Sabine Royalty Trust		4,246		281,043
San Juan Basin Royalty Trust(b)		29,624		199,073
SandRidge Energy, Inc.		23,268		372,055
Schlumberger Ltd.		6,161		363,253
Targa Resources Corp.		4,273		368,546
VAALCO Energy, Inc.(b)		68,812		284,882
Valero Energy Corp.		2,379		309,032
Viper Energy Partners LP		11,301		314,394
Total Energy				13,561,518
Financials (16.74%)
American Express Co.		1,897		299,707
American International Group, Inc.		5,914		346,087
Arch Capital Group, Ltd.(a)		4,719		362,702
Axos Financial, Inc.(a)		8,345		359,586
BancFirst Corp.		3,611		345,139
Bancorp, Inc.(a)		10,504		385,602
Bank of America Corp.		10,680		306,196
Bank OZK		8,784		352,853
Banner Corp.		5,560		242,138
Byline Bancorp, Inc.		14,582		308,847
Cadence Bank(b)		13,350		305,448
Capital One Financial Corp.		3,198		327,443
Cathay General Bancorp		8,358		297,796
Central Pacific Financial Corp.		16,072		272,742
Charles Schwab Corp.		5,351		316,512
Citizens Financial Group, Inc.		9,422		265,041
City Holding Co.		3,403		310,898
Coastal Financial Corp.(a)		8,093		356,497
Comerica, Inc.		5,344		257,100
ConnectOne Bancorp, Inc.		15,137		289,419
Discover Financial Services		3,077		277,145
East West Bancorp, Inc.		5,011		277,309
Enova International, Inc.(a)		6,851		345,633
Enterprise Financial Services Corp.		6,267		242,596
FactSet Research Systems, Inc.		794		346,510
Fifth Third Bancorp		10,646		282,651
First Bancorp		8,192		242,811
First BanCorp		24,972		346,112
First Financial Bankshares, Inc.		9,857		283,093

Security Description	Shares		Value
Financials (continued)
First Merchants Corp.		8,704	$	259,727
FleetCor Technologies, Inc.(a)		1,602		435,311
Fulton Financial Corp.		20,850		277,930
Hancock Whitney Corp.		7,399		305,209
Hanmi Financial Corp.		15,148		262,363
Heritage Financial Corp.		13,698		235,880
Huntington Bancshares, Inc.		24,004		266,204
Interactive Brokers Group, Inc.		3,913		356,396
International Bancshares Corp.		6,975		312,340
Jackson Financial, Inc., Class A		7,853		295,273
JPMorgan Chase & Co.		2,349		343,729
KeyCorp		20,563		232,979
LPL Financial Holdings Inc.		1,355		312,449
M&T Bank Corp.		2,384		298,119
MarketAxess Holdings, Inc.		905		218,042
Mastercard, Inc., Class A		903		372,614
MSCI, Inc.		604		328,346
Navient Corp.		19,465		343,557
New York Community Bancorp, Inc.(b)		43,135		529,698
OceanFirst Financial Corp.		15,508		261,620
OFG Bancorp		11,683		352,359
Old National Bancorp(b)		20,188		308,069
Pacific Premier Bancorp, Inc.		11,744		270,347
Peapack-Gladstone Financial Corp.		9,743		265,692
Peoples Bancorp, Inc.(b)		11,464		295,427
Preferred Bank		5,048		313,531
Principal Financial Group, Inc.		4,080		317,057
Provident Financial Services, Inc.		15,681		258,423
QCR Holdings, Inc.		6,792		356,308
Regions Financial Corp.		15,896		291,533
S&T Bancorp, Inc.		9,520		269,702
South State Corp.(b)		4,149		299,973
State Street Corp.		3,933		270,354
Synchrony Financial		9,977		322,058
Synovus Financial Corp.		9,255		286,535
TriCo Bancshares		7,024		241,204
Truist Financial Corp.		8,091		247,180
TrustCo Bank Corp.		9,402		267,675
UMB Financial Corp.		4,075		257,581
United Community Banks, Inc.		11,004		297,108
Visa, Inc., Class A, Class A		1,451		356,482
Washington Federal, Inc.		10,214		277,617
Webster Financial Corp.		7,301		309,635
Wells Fargo & Co.		7,598		313,721
Western Alliance Bancorp(b)		6,369		318,514
WR Berkley Corp.		5,015		310,228
Total Financials				22,873,712
Health Care (7.10%)
AbbVie, Inc.		2,099		308,469
Agilent Technologies, Inc.		2,309		279,551
Amphastar Pharmaceuticals, Inc.(a)		8,946		476,911
Assertio Holdings, Inc.(a)(b)		55,744		182,840
Biogen, Inc.(a)		1,227		328,051
Bristol-Myers Squibb Co.		4,780		294,687

Security Description	Shares		Value
Health Care (continued)
Catalyst Pharmaceuticals, Inc.(a)		21,962	$	308,346
Charles River Laboratories International, Inc.(a)		1,552		320,985
Cross Country Healthcare, Inc.(a)		13,114		337,817
Dexcom, Inc.(a)		2,914		294,256
Edwards Lifesciences Corp.(a)		4,224		323,009
Gilead Sciences, Inc.		3,952		302,249
Hologic, Inc.(a)		4,046		302,398
IDEXX Laboratories, Inc.(a)		693		354,407
Laboratory Corp. of America Holdings		1,410		293,421
Maravai LifeSciences Holdings, Inc., Class A(a)		21,934		226,797
Medpace Holdings, Inc.(a)		1,792		484,324
Merck & Co., Inc.		2,918		318,004
Mettler-Toledo International, Inc.(a)		219		265,752
Regeneron Pharmaceuticals, Inc.(a)		420		347,126
ResMed, Inc.		1,526		243,534
Shockwave Medical, Inc.(a)		1,722		379,511
Thermo Fisher Scientific, Inc.		576		320,890
United Therapeutics Corp.(a)		1,375		308,495
Veeva Systems, Inc., Class A(a)		1,909		398,408
Vertex Pharmaceuticals, Inc.(a)		1,093		380,736
Waters Corp.(a)		1,032		289,786
West Pharmaceutical Services, Inc.		998		406,086
Zoetis, Inc.		1,944		370,351
Zynex, Inc.(a)(b)		33,474		257,750
Total Health Care				9,704,947
Industrials (20.01%)
AAON, Inc.		5,209		328,479
AGCO Corp.		2,419		313,333
Allison Transmission Holdings, Inc.		6,866		415,050
AMETEK, Inc.		2,317		369,585
Applied Industrial Technologies, Inc.		2,265		349,648
ArcBest Corp.		3,255		343,695
Atkore, Inc.(a)		2,269		349,358
Automatic Data Processing, Inc.		1,473		375,040
BlueLinx Holdings, Inc.(a)		3,883		346,597
Boise Cascade Co.		4,834		528,695
Broadridge Financial Solutions, Inc.		2,295		427,352
Builders FirstSource, Inc.(a)		3,847		557,969
Carlisle Cos., Inc.		1,293		340,085
Caterpillar, Inc.		1,384		389,084
CH Robinson Worldwide, Inc.		3,069		277,530
Cintas Corp.		733		369,557
Comfort Systems USA, Inc.		2,230		411,591
Copart, Inc.		9,384		420,685
Core & Main, Inc.(a)		14,412		473,290
CSW Industrials, Inc.		2,300		413,149
CSX Corp.		10,857		327,881

Security Description	Shares		Value
Industrials (continued)
Cummins, Inc.		1,301	$	299,282
Deere & Co.		792		325,464
Dover Corp.		2,157		319,883
Eagle Bulk Shipping, Inc.		6,152		269,211
Encore Wire Corp.		1,698		279,847
Expeditors International of Washington, Inc.		2,928		341,727
Fastenal Co.		6,099		351,180
Fortive Corp.		4,877		384,551
Forward Air Corp.		2,982		211,185
Franklin Electric Co., Inc.		3,463		334,907
GMS, Inc.(a)		5,593		387,819
Graco, Inc.		4,645		366,676
H&E Equipment Services, Inc.		6,465		292,994
Herc Holdings, Inc.		2,485		323,398
Heritage-Crystal Clean, Inc.(a)		9,017		406,667
Hub Group, Inc., Class A(a)		3,552		277,198
Hubbell, Inc.		1,313		428,104
Hudson Technologies, Inc.(a)		37,555		452,913
IDEX Corp.		1,431		323,978
Illinois Tool Works, Inc.		1,365		337,633
Insteel Industries, Inc.		11,629		404,108
Janus International Group, Inc.(a)		31,491		360,572
JB Hunt Transport Services, Inc.		1,791		336,493
Korn Ferry		5,739		292,574
Landstar System, Inc.		1,778		337,482
LSI Industries, Inc.		23,620		372,015
Marten Transport, Ltd.		14,820		311,220
Masonite International Corp.(a)		3,611		370,886
Mueller Industries, Inc.		4,386		338,424
Norfolk Southern Corp.		1,494		306,285
Old Dominion Freight Line, Inc.		934		399,164
Owens Corning		3,366		484,401
PACCAR, Inc.		4,347		357,715
Paychex, Inc.		2,916		356,423
Quanex Building Products Corp.		15,538		419,215
RBC Bearings, Inc.		2,083		337,842
Republic Services, Inc.		2,475		356,722
Rockwell Automation, Inc.		1,088		339,543
Rush Enterprises, Inc., Class A		8,644		357,948
Ryder System, Inc.		3,453		347,717
Saia, Inc.(a)		1,136		484,163
Shoals Technologies Group, Inc., Class A(a)		14,790		291,067
Simpson Manufacturing Co., Inc.		3,030		484,073
Snap-on, Inc.		1,307		351,060
Terex Corp.		5,901		357,660
Titan Machinery, Inc.(a)		7,237		224,492
Toro Co.		2,874		294,068
UFP Industries, Inc.		3,970		414,269
United Parcel Service, Inc., Class B		1,731		293,231
United Rentals, Inc.		733		349,304
Verisk Analytics, Inc.		1,743		422,189
Watsco, Inc.(b)		1,070		390,068

Security Description	Shares		Value
Industrials (continued)
Watts Water Technologies, Inc., Class A		1,887	$	356,209
WillScot Mobile Mini Holdings Corp.(a)		6,337		259,944
WW Grainger, Inc.		464		331,361
Total Industrials				27,332,177
Information Technology (15.79%)
Adobe, Inc.(a)		954		533,610
Advanced Energy Industries, Inc.		3,393		400,611
Aehr Test Systems(a)(b)		10,899		555,958
Allegro MicroSystems, Inc.(a)		7,133		272,837
Amdocs, Ltd.		3,463		308,900
Amphenol Corp., Class A		4,110		363,242
Analog Devices, Inc.		1,729		314,298
ANSYS, Inc.(a)		1,064		339,278
Apple, Inc.		2,116		397,533
Applied Materials, Inc.		2,746		419,479
Arista Networks, Inc.(a)		2,146		418,964
Autodesk, Inc.(a)		1,618		359,099
Axcelis Technologies, Inc.(a)		2,541		488,253
Bel Fuse, Inc., Class B		9,361		489,580
Broadcom, Inc.		513		473,443
Cadence Design Systems, Inc.(a)		1,608		386,627
CDW Corp.		1,648		347,975
Cirrus Logic, Inc.(a)		3,117		255,719
Cisco Systems, Inc.		6,470		371,054
Cognizant Technology Solutions Corp., Class A		5,204		372,658
Diodes, Inc.(a)		3,563		291,632
Enphase Energy, Inc.(a)		1,497		189,415
Fabrinet(a)		2,661		427,809
Fortinet, Inc.(a)		5,347		321,943
Gartner, Inc.(a)		999		349,330
Intuit, Inc.		801		433,990
Jabil, Inc.		3,839		439,258
Keysight Technologies, Inc.(a)		2,035		271,265
KLA Corp.		857		430,103
Lam Research Corp.		655		460,072
Lattice Semiconductor Corp.(a)		3,629		352,956
Littelfuse, Inc.		1,207		322,366
Manhattan Associates, Inc.(a)		2,290		464,000
MaxLinear, Inc.(a)		9,799		230,276
Microchip Technology, Inc.		3,851		315,166
Micron Technology, Inc.		5,721		400,127
Microsoft Corp.		1,264		414,289
Monolithic Power Systems, Inc.		656		341,914
Motorola Solutions, Inc.		1,202		340,851
Napco Security Technologies, Inc.(b)		10,638		263,610
NetApp, Inc.		5,050		387,335
NVE Corp.		4,195		371,048
ON Semiconductor Corp.(a)		4,010		394,825
Onto Innovation, Inc.(a)		3,896		541,466
PTC, Inc.(a)		2,652		390,295
Qorvo, Inc.(a)		3,294		353,743
QUALCOMM, Inc.		2,727		312,323
Qualys, Inc.(a)		2,666		414,963

Security Description	Shares		Value
Information Technology (continued)
Skyworks Solutions, Inc.		2,825	$	307,190
Super Micro Computer, Inc.(a)		3,388		931,971
Synopsys, Inc.(a)		884		405,659
Teradyne, Inc.		3,102		334,613
Texas Instruments, Inc.		1,829		307,382
Veeco Instruments, Inc.(a)(b)		15,392		449,292
Vishay Intertechnology, Inc.		14,977		410,969
Zoom Video Communications, Inc., Class A(a)		4,680		332,420
Total Information Technology				21,574,984
Materials (6.37%)
Air Products and Chemicals, Inc.		1,118		330,358
Albemarle Corp.		1,395		277,200
Alpha Metallurgical Resources, Inc.		1,888		382,962
Arch Resources, Inc., Class A		2,071		270,473
Avery Dennison Corp.		1,842		346,996
Cabot Corp.		4,229		306,433
Celanese Corp.		2,878		363,664
Commercial Metals Co.		6,559		369,206
Dow Chemical Co.		5,834		318,303
Eagle Materials, Inc.		2,312		437,708
FMC Corp.		2,607		224,802
Freeport-McMoRan, Inc.		8,493		338,956
Graphic Packaging Holding Co.		13,627		303,064
Hawkins, Inc.		8,093		503,304
International Paper Co.		9,045		315,851
Intrepid Potash, Inc.(a)(b)		11,124		298,457
Livent Corp.(a)(b)		15,141		325,077
Martin Marietta Materials, Inc.		921		411,144
Mosaic Co.		6,401		248,679
MP Materials Corp.(a)(b)		11,108		232,601
NewMarket Corp.		925		434,417
Nucor Corp.		1,976		340,070
Packaging Corp. of America		2,371		353,516
Reliance Steel & Aluminum Co.		1,256		357,910
Steel Dynamics, Inc.		2,609		278,093
Warrior Met Coal, Inc.		8,299		328,308
Total Materials				8,697,552
Utilities (0.94%)
Brookfield Renewable Corp.(b)		11,274		315,108
Clearway Energy, Inc.		10,871		269,275
NiSource, Inc.		12,063		322,806
Otter Tail Corp.(b)		4,555		375,195
Total Utilities				1,282,384
TOTAL COMMON STOCKS
(Cost $112,052,839)				133,494,822

Security Description	Shares		Value
LIMITED PARTNERSHIPS (2.18%)
Energy (1.77%)
Black Stone Minerals LP		22,291		386,749
Dorchester Minerals LP		11,143		310,444
Energy Transfer LP		25,441		342,690

Security Description	Shares		Value
Energy (continued)
Enterprise Products Partners LP		12,575	$	334,621
Magellan Midstream Partners LP		5,923		393,406
MPLX LP		9,280		323,779
Western Midstream Partners LP		12,349		329,595
Total Energy				2,421,284
Materials (0.18%)
CVR Partners LP		3,361		251,436
Utilities (0.23%)
Suburban Propane Partners LP		21,307		309,378
TOTAL LIMITED PARTNERSHIPS
(Cost $2,904,993)				2,982,098

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.62%)
Money Market Fund (0.34%)
State Street Institutional Treasury Plus Money Market Fund
(Cost $466,143)		5.28	%		466,143		466,143
Investments Purchased with Collateral from Securities Loaned (1.28%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $1,747,409)					1,747,409		1,747,409
TOTAL SHORT TERM INVESTMENTS
(Cost $2,213,552)							2,213,552
TOTAL INVESTMENTS (101.52%)
(Cost $117,171,384)						$	138,690,472
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.52%)							(2,077,486	)
NET ASSETS - 100.00%						$	136,612,986

(a)	Non-income producing security.
(b)	Security, or a portion of the security position is currently on loan. The total market value of securities on loan is $8,096,355.

See Notes to Quarterly Schedule of Investments.

Level Four Large Cap Growth Active ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (71.38%)
Communication Services (5.74%)
Alphabet, Inc., Class A(a)		14,776	$	2,012,048
Alphabet, Inc., Class C(a)		350		48,073
AT&T, Inc.		1,163		17,201
BCE, Inc.		1,149		48,659
Comcast Corp., Class A		716		33,480
Fox Corp., Class A		36		1,190
Meta Platforms, Inc., Class A(a)		158		46,751
Netflix, Inc.(a)		1,644		712,969
SK Telecom Co., Ltd., ADR		278		5,582
Telefonica SA, Sponsored ADR		3,028		12,385
T-Mobile US, Inc.(a)		31		4,224
Verizon Communications, Inc.		359		12,558
Vodafone Group PLC, ADR		757		7,055
Walt Disney Co.(a)		4,389		367,272
Warner Bros, Discovery, Inc.(a)		1,355		17,805
Total Communication Services				3,347,252
Consumer Discretionary (10.76%)
Alibaba Group Holding, Ltd., Sponsored ADR(a)		135		12,542
Amazon.com, Inc.(a)		15,607		2,153,921
Aptiv PLC(a)		35		3,551
Aramark		57		2,119
Booking Holdings, Inc.(a)		291		903,564
Darden Restaurants, Inc.		26		4,043
Dick's Sporting Goods, Inc.		28		3,258
DR Horton, Inc.		122		14,520
Etsy, Inc.(a)		5,752		423,175
Ferrari NV		70		22,242
General Motors Co.		163		5,462
H World Group, Ltd., ADR(a)		24		967
Hilton Worldwide Holdings, Inc.		75		11,149
Home Depot, Inc.		2,509		828,722
JD.com, Inc., ADR		142		4,716
Magna International, Inc.		134		7,882
McDonald's Corp.		1,419		398,952
NIKE, Inc., Class B		192		19,528
O'Reilly Automotive, Inc.(a)		13		12,216
Peloton Interactive, Inc.(a)		149		951
PulteGroup, Inc.		5,025		412,351
RH(a)		2,466		900,558
Sony Group Corp., ADR		187		15,557
Starbucks Corp.		582		56,710
Tesla, Inc.(a)		36		9,291
TJX Cos., Inc.		239		22,103
Toyota Motor Corp., Sponsored ADR		40		6,885
Tractor Supply Co.		65		14,203
Total Consumer Discretionary				6,271,138

Security Description	Shares		Value
Consumer Staples (2.19%)
British American Tobacco PLC, ADR		230	$	7,636
Coca-Cola Europacific Partners PLC		210		13,463
Constellation Brands, Inc., Class A		1,918		499,754
Costco Wholesale Corp.		110		60,421
Coty, Inc., Class A(a)		104		1,202
Diageo PLC, ADR		92		15,240
Estee Lauder Cos., Inc., Class A		3,026		485,764
Keurig Dr Pepper, Inc.		406		13,662
Kraft Heinz Co.		841		27,829
Lamb Weston Holdings, Inc.		13		1,266
PepsiCo, Inc.		269		47,860
Procter & Gamble Co.		310		47,845
Target Corp.		38		4,809
Walmart, Inc.		318		51,710
Total Consumer Staples				1,278,461
Energy (1.68%)
Baker Hughes Co.		60		2,171
Cheniere Energy, Inc.		54		8,813
Chevron Corp.		806		129,847
ConocoPhillips		62		7,380
Devon Energy Corp.		687		35,099
Equinor ASA, Sponsored ADR		303		9,263
Exxon Mobil Corp.		510		56,707
Hess Corp.		42		6,489
Kinder Morgan, Inc.		614		10,573
Phillips 66		5,480		625,596
Schlumberger NV		129		7,606
Shell PLC, ADR		257		15,957
Suncor Energy, Inc.		357		12,095
Valero Energy Corp.		62		8,054
Williams Cos., Inc.		1,219		42,092
Total Energy				977,742
Financials (10.72%)
American Express Co.		267		42,183
Aon PLC, Class A		66		22,004
Bank of Montreal		97		8,351
Berkshire Hathaway, Inc., Class B(a)		87		31,337
BlackRock, Inc.		1,764		1,235,752
Charles Schwab Corp.		104		6,152
Everest Group, Ltd.		4		1,443
Fidelity National Information Services, Inc.		7,393		412,973
Fifth Third Bancorp		748		19,859
HDFC Bank, Ltd., ADR		132		8,225
HSBC Holdings PLC, ADR		407		15,189
Huntington Bancshares, Inc.		108		1,198
ING Groep NV, ADR		639		9,042
Interactive Brokers Group, Inc.		85		7,742
Intercontinental Exchange, Inc.		97		11,445
JPMorgan Chase & Co.		547		80,042
Mastercard, Inc., Class A		1,942		801,347

Security Description	Shares		Value
Financials (continued)
Mitsubishi UFJ Financial Group, Inc., ADR		1,631	$	12,934
Morgan Stanley		9,585		816,163
MSCI, Inc.		1,644		893,711
PayPal Holdings, Inc.(a)		19,786		1,236,822
Principal Financial Group, Inc.		493		38,311
Progressive Corp.		321		42,843
Prudential PLC, ADR		267		6,598
Synchrony Financial		963		31,086
Toronto-Dominion Bank		556		33,921
Truist Financial Corp.		132		4,033
Visa, Inc., Class A		1,617		397,265
Voya Financial, Inc.		51		3,554
Wells Fargo & Co.		192		7,928
WEX, Inc.(a)		26		5,101
Total Financials				6,244,554
Health Care (5.31%)
Abbott Laboratories		3,218		331,132
AbbVie, Inc.		3,300		484,967
Amgen, Inc.		264		67,674
Argenx SE, ADR(a)		24		12,060
AstraZeneca PLC, ADR		327		22,177
Biogen, Inc.(a)		1,644		439,540
BioMarin Pharmaceutical, Inc.(a)		115		10,509
Boston Scientific Corp.(a)		114		6,149
Bristol-Myers Squibb Co.		389		23,982
Chemed Corp.		6		3,069
Cigna Group		23		6,354
Danaher Corp.		85		22,525
Dexcom, Inc.(a)		29		2,928
Edwards Lifesciences Corp.(a)		81		6,194
Elevance Health, Inc.		9		3,978
Eli Lilly & Co.		131		72,600
HCA Healthcare, Inc.		93		25,789
Intuitive Surgical, Inc.(a)		17		5,316
Johnson & Johnson		244		39,450
Laboratory Corp. of America Holdings		10		2,081
Medtronic PLC		574		46,781
Novo Nordisk A/S, ADR		104		19,304
Option Care Health, Inc.(a)		79		2,752
Pfizer, Inc.		112		3,963
Sanofi, ADR		310		16,486
Stryker Corp.		36		10,208
Thermo Fisher Scientific, Inc.		31		17,270
UnitedHealth Group, Inc.		2,021		963,167
Vertex Pharmaceuticals, Inc.(a)		1,096		381,781
Viatris, Inc.		6		65
Zoetis, Inc.		224		42,674
Total Health Care				3,092,925
Industrials (6.75%)
ABB, Ltd., ADR		212		8,037
AerCap Holdings NV(a)		42		2,584
AMETEK, Inc.		26		4,147
Boeing Co.(a)		32		7,169

Security Description	Shares		Value
Industrials (continued)
Canadian Pacific Kansas City, Ltd.		760	$	60,329
Carrier Global Corp.		157		9,020
CNH Industrial NV		543		7,483
CSX Corp.		1,798		54,300
Deere & Co.		110		45,203
Dover Corp.		27		4,004
Eaton Corp. PLC		98		22,576
Emerson Electric Co.		65		6,386
Fortive Corp.		5,206		410,493
General Dynamics Corp.		191		43,288
Honeywell International, Inc.		109		20,485
Jacobs Solutions, Inc.		30		4,045
Lockheed Martin Corp.		991		444,315
Northrop Grumman Corp.		61		26,418
Otis Worldwide Corp.		78		6,673
Parker-Hannifin Corp.		39		16,259
Paycom Software, Inc.		1,370		403,930
RELX PLC, ADR		394		12,817
Rockwell Automation, Inc.		97		30,272
RTX Corp.		157		13,508
Ryanair Holdings PLC, ADR(a)		62		6,154
Thomson Reuters Corp.		164		21,122
TransDigm Group, Inc.(a)		548		495,311
Uber Technologies, Inc.(a)		27,605		1,303,783
Union Pacific Corp.		53		11,690
United Parcel Service, Inc., Class B		35		5,929
United Rentals, Inc.		822		391,716
Waste Connections, Inc.		152		20,822
ZTO Express Cayman, Inc., ADR		513		12,897
Total Industrials				3,933,165
Information Technology (25.89%)
Accenture PLC, Class A		40		12,951
Advanced Micro Devices, Inc.(a)		22		2,326
Akamai Technologies, Inc.(a)		3,836		403,125
Amdocs, Ltd.		14		1,249
Analog Devices, Inc.		38		6,908
Apple, Inc.		13,387		2,515,016
Applied Materials, Inc.		5,591		854,081
ASML Holding NV		17		11,229
Atlassian Corp., Class A(a)		34		6,938
Autodesk, Inc.(a)		21		4,661
BILL Holdings, Inc.(a)		10		1,153
Broadcom, Inc.		329		303,631
Cognizant Technology Solutions Corp., Class A		5,754		412,044
DocuSign, Inc.(a)		16,990		854,597
Dropbox, Inc.(a)		30,131		837,340
Elastic NV(a)		194		12,005
EPAM Systems, Inc.(a)		29		7,511
Gartner, Inc.(a)		13		4,546
Hewlett Packard Enterprise Co.		895		15,206
Intel Corp.		785		27,585
Intuit, Inc.		60		32,509
KLA Corp.		5		2,509
Lam Research Corp.		1,918		1,347,203

Security Description	Shares		Value
Information Technology (continued)
Micron Technology, Inc.		14,807	$	1,035,602
Microsoft Corp.		5,815		1,905,925
Monolithic Power Systems, Inc.		1,644		856,869
NVIDIA Corp.		1,257		620,392
Palo Alto Networks, Inc.(a)		1,756		427,235
Salesforce, Inc.(a)		3,666		811,872
ServiceNow, Inc.(a)		592		348,587
Splunk, Inc.(a)		37		4,487
STMicroelectronics NV		118		5,577
Taiwan Semiconductor Manufacturing Co., Ltd., ADR		184		17,217
Texas Instruments, Inc.		588		98,819
Twilio, Inc., Class A(a)		20,001		1,274,263
Total Information Technology				15,083,168
Materials (0.17%)
Chemours Co.		88		2,994
Crown Holdings, Inc.		49		4,540
Franco-Nevada Corp.		92		13,244
James Hardie Industries PLC, ADR(a)		103		3,109
Linde PLC		50		19,352
Mosaic Co.		90		3,497
Nutrien, Ltd.		562		35,585
Teck Resources, Ltd., Class B		277		11,446
Vulcan Materials Co.		20		4,365
Total Materials				98,132
Real Estate (0.90%)
American Tower Corp.		64		11,604
Crown Castle, Inc.		103		10,352
Equinix, Inc.		20		15,628
Extra Space Storage, Inc.		153		19,688
Prologis, Inc.		51		6,334
Realty Income Corp.		299		16,756
UDR, Inc.		85		3,392
VICI Properties, Inc.		322		9,930
Zillow Group, Inc.(a)		8,212		428,338
Total Real Estate				522,022
Utilities (1.27%)
Algonquin Power & Utilities Corp.		156		1,179
American Water Works Co., Inc.		1,492		207,000
Duke Energy Corp.		49		4,351
Entergy Corp.		115		10,954
Evergy, Inc.		1,815		99,770
Eversource Energy		357		22,784
National Grid PLC, ADR		277		17,510
NextEra Energy, Inc.		4,492		300,065
Public Service Enterprise Group, Inc.		41		2,504
Vistra Corp.		54		1,697

Security Description	Shares		Value
Utilities (continued)
Xcel Energy, Inc.		1,274	$	72,784
Total Utilities				740,598
TOTAL COMMON STOCKS
(Cost $38,328,580)				41,589,157
Security Description		Shares		Value
EXCHANGE TRADED FUNDS (27.39%)
Broad Based (25.62%)
Dimensional US Core Equity 2 ETF		37,716		1,039,830
First Trust Capital Strength ETF		1,180		89,940
First Trust Value Line Dividend Index Fund		1,695		66,359
Invesco S&P 500 High Dividend Low Volatility ETF		699		28,764
Invesco S&P MidCap Low Volatility ETF		449		23,097
iShares Core MSCI EAFE ETF		1,251		83,704
iShares Core MSCI Emerging Markets ETF		1,092		53,574
iShares Core S&P 500 ETF		11,126		5,036,628
iShares Core S&P Mid-Cap ETF		676		178,667
iShares Core S&P Small-Cap ETF		1,105		111,362
iShares Core U.S. Aggregate Bond ETF		981		94,961
iShares MSCI EAFE ETF		2,736		195,706
iShares MSCI USA Min Vol Factor ETF		2,749		205,845
iShares Russell 1000 Growth ETF		553		155,896
iShares Russell 1000 Value ETF		1,183		188,073
iShares Russell 2000 Growth ETF		207		49,819
iShares Russell 2000 Value ETF		394		56,744
iShares Russell Mid-Cap ETF		15,602		1,143,003
iShares Russell Mid-Cap Growth ETF		525		50,510
iShares Russell Mid-Cap Value ETF		486		53,718
iShares S&P 500 Growth ETF		9,732		702,456
iShares S&P 500 Value ETF		6,919		1,121,500
iShares S&P Small-Cap 600 Growth ETF		3,426		399,609
iShares S&P Small-Cap 600 Value ETF		4,430		424,261
JPMorgan Ultra-Short Income ETF		2,489		125,072
ProShares S&P 500 Dividend Aristocrats ETF		1,124		106,173
Schwab International Equity ETF		2,025		71,422
Schwab Short-Term U.S. Treasury ETF		1,994		95,891
Schwab U.S. Large-Cap Growth ETF		14,905		1,145,598

Security Description	Shares		Value
Broad Based (continued)
Schwab US Dividend Equity ETF		1,312	$	97,783
SPDR Dow Jones Industrial Average ETF Trust		195		67,823
SPDR S&P 500 ETF Trust		175		78,811
SPDR S&P Dividend ETF		4,085		499,391
Vanguard Dividend Appreciation ETF		1,261		205,669
Vanguard Intermediate-Term Bond ETF		867		64,496
Vanguard Short-Term Inflation-Protected Securities ETF		2,314		109,637
Vanguard Total International Stock ETF		2,000		111,400
Vanguard Total Stock Market ETF		947		212,071
Vanguard Value ETF		2,694		386,616
Total Broad Based				14,931,879
Consumer Discretionary (0.14%)
First Trust Consumer Discretionary AlphaDEX Fund		1,470		79,968
Consumer Staples (0.06%)
First Trust Consumer Staples AlphaDEX Fund		540		34,058
Energy (0.25%)
First Trust Energy AlphaDEX Fund		8,261		144,898
Financials (0.11%)
First Trust Financial AlphaDEX Fund		1,637		64,743
Health Care (0.26%)
First Trust Health Care AlphaDEX Fund		1,485		153,965
Industrials (0.12%)
First Trust Industrials/Producer Durables AlphaDEX Fund		1,184		71,709
Information Technology (0.83%)
First Trust Dow Jones Internet Index Fund(a)		688		116,636
First Trust Technology AlphaDEX Fund		1,252		145,996
Invesco S&P 500 Equal Weight Technology ETF		5,580		166,340

Security Description	Shares		Value
Information Technology (continued)
iShares Expanded Tech Sector ETF		125	$	50,913
Total Information Technology				479,885
TOTAL EXCHANGE TRADED FUNDS
(Cost $6,705,009)				15,961,105
Security Description		Shares		Value
WARRANTS (0.00%(b))
Energy  (0.00%(b))
Occidental Petroleum Corp. (Expiring 8/3/2027), Strike Price $22.00		61		2,492
TOTAL WARRANTS
(Cost $302)				2,492

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (1.23%)
Money Market Fund (1.23%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		714,522		714,522
TOTAL SHORT TERM INVESTMENTS
(Cost $714,522)						714,522
TOTAL INVESTMENTS (100.00%)
(Cost $45,748,413)					$	58,267,276
OTHER ASSETS IN EXCESS OF LIABILITIES (0.00%(b))						1,725
NET ASSETS - 100.00%					$	58,269,001

(a)	Non-income producing security.
(b)	Less than 0.005%.

See Notes to Quarterly Schedule of Investments.

RiverFront Dynamic Core Income ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Principal Amount		Value
CORPORATE BONDS (69.77%)
Communications  (3.50%)
Charter Communications Operating LLC / Charter Communications Operating Capital
4.91%, 07/23/2025	$	290,000	$	284,914
Comcast Corp.
4.15%, 10/15/2028		291,000		280,641
Discovery Communications LLC
3.95%, 03/20/2028		509,000		473,475
Total Communications				1,039,030
Consumer Discretionary  (15.39%)
Ford Motor Co.
9.63%, 04/22/2030		407,000		472,949
Ford Motor Credit Co. LLC
7.35%, 11/04/2027		655,000		668,709
General Motors Financial Co., Inc.
6.40%, 01/09/2033		1,000,000		1,006,973
Goodyear Tire & Rubber Co.
4.88%, 03/15/2027		290,000		273,059
Hyatt Hotels Corp.
5.75%, 04/23/2030		1,000,000		1,002,432
Marriott International, Inc.
4.00%, 04/15/2028(a)		675,000		635,125
Toyota Motor Credit Corp.
3.95%, 06/30/2025		518,000		506,236
Total Consumer Discretionary				4,565,483
Consumer Staples  (2.89%)
Anheuser-Busch InBev Worldwide, Inc.
4.00%, 04/13/2028		334,000		321,758
Dollar Tree, Inc.
4.00%, 05/15/2025		552,000		536,101
Total Consumer Staples				857,859
Energy  (2.82%)
Hess Midstream Operations LP
4.25%, 02/15/2030(b)		290,000		255,251
Marathon Oil Corp.
4.40%, 07/15/2027		548,000		522,507
Sabine Pass Liquefaction LLC
5.75%, 05/15/2024		60,000		59,930
Total Energy				837,688
Financials  (25.93%)
Bank of America Corp.
4.25%, 10/22/2026		410,000		393,868
5Y US TI + 3.23%(c)(d)		726,000		706,035

Security Description	Principal Amount		Value
Financials (continued)
Citigroup, Inc.
4.45%, 09/29/2027	$	534,000	$	510,632
6.63%, 06/15/2032		175,000		182,862
FNB Corp.
5.15%, 08/25/2025		602,000		583,325
FS KKR Capital Corp.
4.25%, 02/14/2025(b)		556,000		532,029
Goldman Sachs Group, Inc.
5.70%, 11/01/2024		655,000		653,774
Host Hotels & Resorts LP
4.00%, 06/15/2025		370,000		357,383
HSBC Holdings PLC
4.38%, 11/23/2026		534,000		509,040
Iron Mountain, Inc.
4.88%, 09/15/2027(b)		559,000		525,447
JPMorgan Chase & Co.
4.25%, 10/01/2027		343,000		331,786
Mizuho Financial Group, Inc.
3M US L + 1.00%, 09/11/2024(c)		171,000		171,026
Morgan Stanley
5.00%, 11/24/2025		611,000		601,650
NatWest Markets PLC
3.48%, 03/22/2025(b)		344,000		332,145
PNC Financial Services Group, Inc.
5Y US TI + 3.24%(c)(d)		726,000		678,853
Royal Bank of Canada
6.00%, 11/01/2027		611,000		625,745
Total Financials				7,695,600
Health Care  (1.34%)
CVS Health Corp.
4.30%, 03/25/2028		114,000		109,520
HCA, Inc.
5.38%, 09/01/2026		290,000		287,974
Total Health Care				397,494
Industrials  (5.18%)
Boeing Co.
4.88%, 05/01/2025		532,000		524,596
Ingersoll Rand, Inc.
5.70%, 08/14/2033		1,000,000		1,012,418
Total Industrials				1,537,014
Materials  (0.97%)
DuPont de Nemours, Inc.
4.73%, 11/15/2028		290,000		286,187
Total Materials				286,187
Technology  (5.37%)
Concentrix Corp.
6.85%, 08/02/2033		1,000,000		958,415
Micron Technology, Inc.
5.38%, 04/15/2028		646,000		635,323
Total Technology				1,593,738

Security Description	Principal Amount		Value
Utilities  (6.38%)
Dominion Energy, Inc.
4.25%, 06/01/2028	$	675,000	$	644,016
Public Service Enterprise Group, Inc.
5.85%, 11/15/2027		655,000		667,870
Southern California Gas Co.
5.20%, 06/01/2033		590,000		580,167
Total Utilities				1,892,053
TOTAL CORPORATE BONDS
(Cost $21,688,639)				20,702,146
GOVERNMENT BONDS (21.32%)
United States Treasury Bond
6.13%, 08/15/2029		1,000,000		1,097,500
3.88%, 02/15/2043		3,530,000		3,286,761
4.00%, 11/15/2052		1,312,000		1,266,541
3.63%, 05/15/2053		750,000		676,758
TOTAL GOVERNMENT BONDS
(Cost $6,767,481)				6,327,560

7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (7.85%)
Money Market Fund (7.85%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)	5.28	%		2,330,389		2,330,389
TOTAL SHORT TERM INVESTMENTS
(Cost $2,330,389)						2,330,389
TOTAL INVESTMENTS (98.94%)
(Cost $30,786,509)					$	29,360,095
OTHER ASSETS IN EXCESS OF LIABILITIES (1.06%)						314,035
NET ASSETS - 100.00%					$	29,674,130

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

TI - Treasury Index

Reference Rates:

5Y US TI - 5 Year US TI as of August 31, 2023 was 4.23%

3M US L - 3 Month LIBOR as of August 31, 2023 was 5.66%

^(a) Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration.  Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of August 31, 2023, the market value of those securities was $635,125, representing 2.14% of net assets.

(b)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $1,644,872, representing 5.54% of net assets.
(c)	Floating or variable rate security. Interest rate resets periodically on specific dates. The rate shown represents the coupon or interest rate in effect as of August 31, 2023. Security description includes the reference rate and spread if published and available.
(d)	Securities are perpetual and thus do not have a predetermined maturity date.

See Notes to Quarterly Schedule of Investments.

RiverFront Dynamic US Dividend Advantage ETF

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS (99.92%)
Communication Services (6.87%)
Alphabet, Inc., Class A(a)		4,530	$	616,850
Alphabet, Inc., Class C(a)		13,017		1,787,885
AT&T, Inc.		45,908		678,979
John Wiley & Sons, Inc., Class A		27,908		1,037,061
Meta Platforms, Inc., Class A(a)		2,260		668,712
TEGNA, Inc.		34,870		576,401
Total Communication Services				5,365,888
Consumer Discretionary (10.14%)
Amazon.com, Inc.(a)		20,132		2,778,417
Booking Holdings, Inc.(a)		490		1,521,465
Ethan Allen Interiors, Inc.		20,350		638,583
H&R Block, Inc.		28,790		1,151,024
Nordstrom, Inc.		35,880		581,974
Perdoceo Education Corp.		42,070		697,100
Upbound Group Inc(a)		18,050		552,691
Total Consumer Discretionary				7,921,254
Consumer Staples (3.70%)
Altria Group, Inc.		14,558		643,755
Coca-Cola Co.		9,884		591,359
Philip Morris International, Inc.		3,412		327,757
Vector Group, Ltd.		123,690		1,324,720
Total Consumer Staples				2,887,591
Energy (12.07%)
Antero Midstream Corp.		106,805		1,294,477
Berry Corp.		94,068		806,163
Coterra Energy, Inc.		21,420		603,830
Devon Energy Corp.		10,628		542,984
EnLink Midstream LLC		81,500		1,013,860
EOG Resources, Inc.		5,600		720,272
Equitrans Midstream Corp.		151,413		1,453,565
Exxon Mobil Corp.		18,464		2,053,012
Kinder Morgan, Inc.		54,597		940,160
Total Energy				9,428,323
Financials (14.75%)
Apollo Commercial Real Estate Finance, Inc.		36,700		400,764
Bank of America Corp.		23,039		660,528
Fidelity National Information Services, Inc.		18,380		1,026,707
First Horizon National Corp.		52,090		653,729
FNB Corp.		36,803		428,019
Fulton Financial Corp.		35,228		469,589
Horizon Bancorp, Inc.		56,360		630,668
New York Community Bancorp, Inc.(b)		46,052		565,519
Old Republic International Corp.		43,624		1,193,116

Security Description	Shares		Value
Financials (continued)
OneMain Holdings, Inc.		14,496	$	601,729
Ready Capital Corp.(b)		48,641		531,160
Starwood Property Trust, Inc.(b)		19,973		408,048
US Bancorp		32,680		1,193,800
Valley National Bancorp(b)		69,860		641,315
Veritex Holdings, Inc.		25,190		473,824
Visa, Inc., Class A		4,110		1,009,745
Western Union Co.		51,673		638,162
Total Financials				11,526,422
Health Care (10.20%)
AbbVie, Inc.		4,449		653,825
Amgen, Inc.		2,350		602,399
Bristol-Myers Squibb Co.		20,141		1,241,693
Cigna Group		4,080		1,127,141
CVS Health Corp.		21,490		1,400,503
Merck & Co., Inc.		14,822		1,615,302
Pfizer, Inc.		21,014		743,475
Viatris, Inc.		54,140		582,005
Total Health Care				7,966,343
Industrials (5.09%)
3M Co.		5,660		603,752
ACCO Brands Corp.		85,320		454,756
Eagle Bulk Shipping, Inc.		11,350		496,676
Lockheed Martin Corp.		1,320		591,822
MSC Industrial Direct Co. Inc, Class A, Class A		6,670		680,740
Paychex, Inc.		4,760		581,815
Resources Connection, Inc.		36,490		565,960
Total Industrials				3,975,521
Information Technology (23.88%)
Apple, Inc.		34,843		6,545,954
Cisco Systems, Inc.		29,814		1,709,833
Hewlett Packard Enterprise Co.		81,176		1,379,180
International Business Machines Corp.		8,150		1,196,664
Microsoft Corp.		17,830		5,843,961
NVIDIA Corp.		4,016		1,982,097
Total Information Technology				18,657,689
Materials (1.77%)
Greif, Inc.(a)		8,513		634,474
Mercer International, Inc.(a)(b)		82,320		748,289
Total Materials				1,382,763
Real Estate (6.68%)
Camden Property Trust		5,049		543,373
Invitation Homes, Inc.		17,777		606,018
Medical Properties Trust, Inc.(b)		130,202		940,059
Piedmont Office Realty Trust, Inc., Class A		42,620		292,799
SITE Centers Corp.		54,366		725,786
Tanger Factory Outlet Centers, Inc.		35,280		820,260

Security Description	Shares		Value
Real Estate (continued)
Universal Health Realty Income Trust		27,634	$	1,288,574
Total Real Estate				5,216,869
Utilities (4.77%)
Clearway Energy, Inc., Class C		51,485		1,275,283
Evergy, Inc.		8,981		493,686
Public Service Enterprise Group, Inc.		16,410		1,002,323
Spire, Inc.		16,320		953,251
Total Utilities				3,724,543
TOTAL COMMON STOCKS
(Cost $74,292,865)				78,053,206

7 Day Yield	Shares		Value
SHORT TERM INVESTMENTS (1.09%)
Investments Purchased with Collateral from Securities Loaned (1.09%)
State Street Navigator Securities Lending Government Money Market Portfolio, 5.35%
(Cost $851,618)		851,618		851,618
TOTAL SHORT TERM INVESTMENTS
(Cost $851,618)				851,618
TOTAL INVESTMENTS (101.01%)
(Cost $75,144,483)			$	78,904,824
LIABILITIES IN EXCESS OF OTHER ASSETS (-1.01%)				(789,785	)
NET ASSETS - 100.00%			$	78,115,039

(a)	Non-income producing security.
(b)	The security, or a portion of the security position is currently on loan. The total market value of securities on loan was $2,799,470.

See Notes to Quarterly Schedule of Investments. 

RiverFront Strategic Income Fund

Schedule of Investments

As of August 31, 2023 (Unaudited)

Security Description	Principal Amount		Value
CORPORATE BONDS (73.11%)
Communications  (4.60%)
AMC Networks, Inc.
5.00%, 04/01/2024	$	336,000	$	332,661
CCO Holdings LLC / CCO Holdings Capital Corp.
5.50%, 05/01/2026(a)		440,000		430,105
Netflix, Inc.
4.38%, 11/15/2026		817,000		794,559
Sirius XM Radio, Inc.
3.13%, 09/01/2026(a)		819,000		739,721
T-Mobile USA, Inc.
4.75%, 02/01/2028		1,460,000		1,419,073
Warnermedia Holdings, Inc.
6.41%, 03/15/2026		479,000		479,761
WMG Acquisition Corp.
3.75%, 12/01/2029(a)		817,000		708,985
Total Communications				4,904,865
Consumer Discretionary  (11.90%)
Air Canada
3.88%, 08/15/2026(a)		888,000		820,954
Aramark Services, Inc.
6.38%, 05/01/2025(a)		888,000		890,426
Caesars Entertainment, Inc.
6.25%, 07/01/2025(a)		1,048,000		1,040,804
Ford Motor Credit Co. LLC
6.95%, 03/06/2026		1,000,000		1,003,520
General Motors Financial Co., Inc.
5.40%, 04/06/2026		950,000		938,968
Goodyear Tire & Rubber Co.
5.00%, 05/31/2026		1,070,000		1,033,692
Hilton Domestic Operating Co., Inc.
3.75%, 05/01/2029(a)		980,000		864,159
Hyatt Hotels Corp.
5.75%, 01/30/2027		975,000		975,801
International Game Technology PLC
6.50%, 02/15/2025(a)		236,000		236,415
Lennar Corp.
4.75%, 11/29/2027		980,000		950,656
Marriott International, Inc.
4.90%, 04/15/2029		950,000		925,163
Newell Brands, Inc.
4.70%, 04/01/2026		817,000		781,783
Nissan Motor Co., Ltd.
3.52%, 09/17/2025(a)		980,000		927,776
PulteGroup, Inc.
5.50%, 03/01/2026		1,302,000		1,299,685
Total Consumer Discretionary				12,689,802

Security Description	Principal Amount		Value
Consumer Staples  (2.53%)
Anheuser-Busch InBev Worldwide, Inc.
4.75%, 01/23/2029	$	888,000	$	880,025
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
5.13%, 02/01/2028(a)		975,000		948,246
US Foods, Inc.
6.25%, 04/15/2025(a)		865,000		868,032
Total Consumer Staples				2,696,303
Energy  (4.03%)
Columbia Pipelines Holding Co. LLC
6.04%, 08/15/2028		1,000,000		1,009,757
DCP Midstream Operating LP
5.38%, 07/15/2025		819,000		811,299
Petroleos Mexicanos
4.88%, 01/18/2024		853,000		845,974
Reliance Industries, Ltd.
4.13%, 01/28/2025(a)		808,000		790,264
Schlumberger Holdings Corp.
3.90%, 05/17/2028(a)		888,000		842,565
Total Energy				4,299,859
Financials  (21.95%)
Air Lease Corp.
4.25%, 02/01/2024		819,000		812,745
Aircastle, Ltd.
6.50%, 07/18/2028(a)		1,036,000		1,029,526
American Express Co.
5.85%, 11/05/2027		1,084,000		1,107,891
Bank of America Corp.
4.25%, 10/22/2026		1,336,000		1,283,432
Blackstone Secured Lending Fund
3.63%, 01/15/2026		972,000		901,434
Capital One Financial Corp.
4.20%, 10/29/2025		888,000		853,800
Citigroup, Inc.
4.45%, 09/29/2027		1,336,000		1,277,536
EPR Properties
4.75%, 12/15/2026		819,000		751,075
FS KKR Capital Corp.
3.40%, 01/15/2026		980,000		899,474
Goldman Sachs Group, Inc.
4.25%, 10/21/2025		1,336,000		1,296,745
HAT Holdings I LLC / HAT Holdings II LLC
3.38%, 06/15/2026(a)		909,000		816,930
Icahn Enterprises LP / Icahn Enterprises Finance Corp.
4.75%, 09/15/2024		1,049,000		1,015,047
Iron Mountain, Inc.
4.88%, 09/15/2027(a)		934,000		877,939
JPMorgan Chase & Co.
4.25%, 10/01/2027		1,336,000		1,292,323
KeyBank NA/Cleveland OH
5.85%, 11/15/2027		1,032,000		995,876

Security Description	Principal Amount		Value
Financials (continued)
Newmark Group, Inc.
6.13%, 11/15/2023	$	1,021,000	$	1,019,535
Omega Healthcare Investors, Inc.
5.25%, 01/15/2026		543,000		534,327
OneMain Finance Corp.
6.13%, 03/15/2024		1,048,000		1,047,334
Penske Truck Leasing Co. Lp / PTL Finance Corp.
6.05%, 08/01/2028		1,036,000		1,037,991
Royal Bank of Canada
6.00%, 11/01/2027		1,084,000		1,110,159
Santander Holdings USA, Inc.
3.50%, 06/07/2024		412,000		403,309
SBA Communications Corp.
3.88%, 02/15/2027		1,244,000		1,151,283
Starwood Property Trust, Inc.
4.75%, 03/15/2025		817,000		790,468
VICI Properties LP / VICI Note Co., Inc.
4.25%, 12/01/2026(a)		1,159,000		1,092,679
Total Financials				23,398,858
Health Care  (2.11%)
DaVita, Inc.
4.63%, 06/01/2030(a)		934,000		801,992
GE HealthCare Technologies, Inc.
5.60%, 11/15/2025		1,032,000		1,032,206
HCA, Inc.
5.38%, 02/01/2025		416,000		413,453
Total Health Care				2,247,651
Industrials  (7.27%)
Boeing Co.
4.88%, 05/01/2025		980,000		966,361
L3Harris Technologies, Inc.
5.40%, 07/31/2033		1,292,000		1,295,576
MasTec, Inc.
4.50%, 08/15/2028(a)		904,000		826,386
Sensata Technologies BV
5.00%, 10/01/2025(a)		817,000		797,025
Stericycle, Inc.
5.38%, 07/15/2024(a)		820,000		816,982
TransDigm, Inc.
6.25%, 03/15/2026(a)		865,000		857,676
United Rentals North America, Inc.
6.00%, 12/15/2029		1,000,000		994,710
WESCO Distribution, Inc.
7.13%, 06/15/2025(a)		1,190,000		1,196,413
Total Industrials				7,751,129
Materials  (9.66%)
Alcoa Nederland Holding BV
4.13%, 03/31/2029(a)		1,093,000		984,710
ArcelorMittal SA
6.55%, 11/29/2027		1,032,000		1,058,278

Security Description	Principal Amount		Value
Materials (continued)
Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.
5.25%, 04/30/2025(a)	$	1,066,000	$	1,039,720
Ball Corp.
5.25%, 07/01/2025		664,000		655,349
4.88%, 03/15/2026		416,000		404,102
Berry Global, Inc.
4.88%, 07/15/2026(a)		938,000		906,200
Celanese US Holdings LLC
6.55%, 11/15/2030		1,036,000		1,037,288
Freeport-McMoRan, Inc.
5.00%, 09/01/2027		451,000		434,104
Methanex Corp.
5.13%, 10/15/2027		865,000		812,195
NOVA Chemicals Corp.
4.88%, 06/01/2024(a)		1,048,000		1,031,899
Novelis Corp.
3.25%, 11/15/2026(a)		819,000		743,016
Sasol Financing USA LLC
4.38%, 09/18/2026		543,000		488,588
Standard Industries, Inc.
3.38%, 01/15/2031(a)		888,000		708,985
Total Materials				10,304,434
Technology  (3.45%)
CDW LLC / CDW Finance Corp.
3.57%, 12/01/2031		817,000		691,645
Concentrix Corp.
6.60%, 08/02/2028		1,460,000		1,430,351
Gen Digital, Inc.
5.00%, 04/15/2025(a)		691,000		678,044
Microchip Technology, Inc.
4.25%, 09/01/2025		904,000		879,786
Total Technology				3,679,826
Utilities  (5.61%)
American Electric Power Co., Inc.
5.75%, 11/01/2027		1,084,000		1,103,969
AmeriGas Partners LP / AmeriGas Finance Corp.
5.88%, 08/20/2026		909,000		863,113
Calpine Corp.
5.25%, 06/01/2026(a)		440,000		432,081
NextEra Energy Operating Partners LP
4.25%, 07/15/2024(a)		1,186,000		1,164,682
NRG Energy, Inc.
3.75%, 06/15/2024(a)		817,000		796,942
6.63%, 01/15/2027		290,000		286,663
Vistra Operations Co. LLC
3.55%, 07/15/2024(a)		1,365,000		1,328,590
Total Utilities				5,976,040
TOTAL CORPORATE BONDS
(Cost $82,069,701)				77,948,767

Security Description	Principal Amount		Value
GOVERNMENT BONDS (21.63%)
U.S. Treasury Note
2.88%, 06/15/2025	$	79,000	$	76,198
3.25%, 06/30/2029		99,000		93,903
4.00%, 07/31/2030		2,066,000		2,042,112
United States Treasury Bond
6.13%, 08/15/2029		2,424,000		2,660,340
3.25%, 05/15/2042		6,075,000		5,191,159
3.88%, 02/15/2043		3,845,000		3,580,055
3.88%, 05/15/2043		1,292,000		1,202,368
4.00%, 11/15/2052		8,512,000		8,217,072
TOTAL GOVERNMENT BONDS
(Cost $24,875,437)				23,063,207

	7 Day Yield			Shares		Value
SHORT TERM INVESTMENTS (4.11%)
Money Market Fund (4.11%)
State Street Institutional Treasury Plus Money Market Fund (Premier Class)		5.28	%		4,387,611		4,387,611
TOTAL SHORT TERM INVESTMENTS
(Cost $4,387,611)							4,387,611
TOTAL INVESTMENTS (98.85%)
(Cost $111,332,749)						$	105,399,585
OTHER ASSETS IN EXCESS OF LIABILITIES (1.15%)							1,226,237
NET ASSETS - 100.00%						$	106,625,822

^(a) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate market value of those securities was $29,036,870, representing 27.23% of net assets.

See Notes to Quarterly Schedule of Investments. 

ALPS ETF Trust

Notes to Quarterly Schedules of Investments

August 31, 2023 (Unaudited)

1. Portfolio Valuation

Shares of the ALPS Active REIT ETF and the Level Four Large Cap Growth Active ETF are listed on the NASDAQ Stock Market LLC (“NASDAQ”). Shares of the ALPS | O’Shares Europe Quality Dividend ETF, the ALPS | O’Shares Global Internet Giants ETF, the ALPS | O’Shares U.S. Quality Dividend ETF and ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF are listed on the Cboe BZX Exchange, Inc. (the “Cboe BZX”). Shares of the Alerian Energy Infrastructure ETF, the Alerian MLP ETF, the ALPS Active Equity Opportunity ETF (formally the Riverfront Dynamic US Flex-Cap ETF), the ALPS Clean Energy ETF, the ALPS Disruptive Technologies ETF, the ALPS Emerging Sector Dividend Dogs ETF, the ALPS Equal Sector Weight ETF, the ALPS Global Travel Beneficiaries ETF, the ALPS Intermediate Municipal Bond ETF, the ALPS International Sector Dividend Dogs ETF, the ALPS Medical Breakthroughs ETF, the ALPS REIT Dividend Dogs ETF, the ALPS Sector Dividend Dogs ETF, the Barron’s 400^SM ETF, the RiverFront Dynamic Core Income ETF, the RiverFront Dynamic US Dividend Advantage ETF, and the RiverFront Strategic Income Fund (each a “Fund” and along with ALPS Active REIT ETF, Level Four Large Cap Growth Active ETF, ALPS | O’Shares Europe Quality Dividend ETF, ALPS | O’Shares Global Internet Giants ETF, ALPS | O’Shares U.S. Quality Dividend ETF, ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF, collectively, the “Funds”) are listed on the New York Stock Exchange Arca, Inc. (“NYSE”). Each Fund’s Net Asset Value (“NAV”) is determined daily, as of the close of regular trading on the NYSE, normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. The NAV is computed by dividing the value of all assets of each Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of shares outstanding.

Portfolio securities listed on any exchange other than the NASDAQ are valued at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities traded on the NASDAQ are valued at the NASDAQ Official Closing Price as determined by NASDAQ. Portfolio securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Portfolio securities traded in the over-the-counter market, but excluding securities traded on the NASDAQ, are valued at the latest quoted sale price in such market.

Each Fund’s investments are valued at market value or, in the absence of market value with respect to any portfolio securities, at fair value according to procedures adopted by the Trust’s Board of Trustees (the “Board”). Pursuant to Rule 2a-5 under the 1940 Act, the Board designated ALPS Advisors, Inc. (the "Adviser") as the valuation designee ("Valuation Designee") for each Fund to perform the fair value determinations relating to Fund investments. The Adviser may carry out its designated responsibilities as Valuation Designee through various teams and committees. When market quotations are not readily available or when events occur that make established valuation methods unreliable, securities of the Funds may be valued in good faith by the Valuation Designee. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933) for which a pricing service is unable to provide a market price; securities whose trading has been formally suspended; a security whose market price is not available from a pre-established primary pricing source or the pricing source is not willing to provide a price; a security with respect to which an event has occurred that is most likely to materially affect the value of the security after the market has closed but before the calculation of a Fund’s NAV or make it difficult or impossible to obtain a reliable market quotation; or a security whose price, as provided by the pricing service, does not reflect the security’s “fair value” due to the security being de-listed from a national exchange or the security’s primary trading market is temporarily closed at a time when, under normal conditions, it would be open. As a general principle, the current “fair value” of a security would be the amount which the owner might reasonably expect to receive from the sale on the applicable exchange or principal market. A variety of factors may be considered in determining the fair value of such securities.

The accounting records of each Fund are maintained in U.S. dollars.

Certain Funds may directly purchase securities of foreign issuers. Investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including, among others, greater market volatility than U.S. securities and less complete financial information than for U.S. issuers. In addition, adverse political, economic or social developments could undermine the value of a Fund’s investments or prevent a Fund from realizing the full value of its investments. Financial reporting standards for companies based in foreign markets differ from those in the United States. Finally, the value of the currency of the country in which a Fund has invested could decline relative to the value of the U.S. dollar, which may affect the value of the investment to U.S. investors.

Because foreign markets may be open on different days than the days during which investors may purchase the shares of each Fund, the value of each Fund’s securities may change on the days when investors are not able to purchase the shares of the Funds. The value of securities denominated in foreign currencies is converted into U.S. dollars using exchange rates determined daily as of the close of regular trading on the NYSE or NASDAQ. Any use of a different rate from the rates used by the Index may adversely affect a Fund’s ability to track their Index.

2. Fair Value Measurements

Each Fund discloses the classification of its fair value measurements following a three-tier hierarchy based on the inputs used to measure fair value. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability that are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability that are developed based on the best information available.

Valuation techniques used to value each Fund’s investments by major category are as follows:

Equity securities, including restricted securities, Exchange Traded Funds, Closed-End Funds and Limited Partnerships, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the mean of the most recent quoted bid and ask prices on such day and are generally categorized as Level 2 in the hierarchy. Investments in open-end mutual funds are valued at their closing NAV each business day and are categorized as Level 1 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. For corporate bonds, pricing vendors utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances. Certain Funds may invest a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.

Treasury Bills and Treasury Notes are typically valued at the mean between the evaluated bid and ask prices formulated by an independent pricing service and are categorized as Level 2 in the hierarchy, due to their active trading, short-term maturity and liquidity.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

Various inputs are used in determining the value of each Fund’s investments as of the end of the reporting period. When inputs used fall into different levels of the fair value hierarchy, the level in the hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The designated input levels are not necessarily an indication of the risk or liquidity associated with these investments.

These inputs are categorized in the following hierarchy under applicable financial accounting standards:

Level 1 –	Unadjusted quoted prices in active markets for identical investments, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;
Level 2 –	Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and
Level 3 –	Significant unobservable prices or inputs (including the Fund’s own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.

The following is a summary of the inputs used to value each Fund’s investments at August 31, 2023:

Alerian Energy Infrastructure ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Canadian Energy Infrastructure Companies*	$	30,667,678	$	–	$	–	$	30,667,678
Exchange Traded Fund		960,336		–		–		960,336
U.S. Energy Infrastructure Companies*		37,856,135		–		–		37,856,135
U.S. Energy Infrastructure MLPs*		32,163,462		–		–		32,163,462
U.S. General Partners*		20,651,735		–		–		20,651,735
Short Term Investments		11,879,341		–		–		11,879,341
Total	$	134,178,687	$	–	$	–	$	134,178,687

Alerian MLP ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Master Limited Partnerships*	$	7,197,232,722	$	–	$	–	$	7,197,232,722
Short Term Investments		2,304,996		–		–		2,304,996
Total	$	7,199,537,718	$	–	$	–	$	7,199,537,718

ALPS Active Equity Opportunity ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	21,743,782	$	–	$	–	$	21,743,782
Short Term Investments		1,902,052		–		–		1,902,052
Total	$	23,645,834	$	–	$	–	$	23,645,834

ALPS Active REIT ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	18,053,834	$	–	$	–	$	18,053,834
Short Term Investments		303,677		–		–		303,677
Total	$	18,357,511	$	–	$	–	$	18,357,511

ALPS Clean Energy ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	393,264,014	$	–	$	–	$	393,264,014
Master Limited Partnerships*		36,655,727		–		–		36,655,727
Short Term Investments		47,367,798		–		–		47,367,798
Total	$	477,287,539	$	–	$	–	$	477,287,539

ALPS Disruptive Technologies ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	102,047,202	$	–	$	–	$	102,047,202
Master Limited Partnerships*		853,216		–		–		853,216
Short Term Investments		1,337,007		–		–		1,337,007
Total	$	104,237,425	$	–	$	–	$	104,237,425

ALPS Emerging Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*
Russia	$	–	$	–	$	1,554	$	1,554
Other*		30,991,118		–		–		30,991,118
Short Term Investments		511,683		–		–		511,683
Total	$	31,502,801	$	–	$	1,554	$	31,504,355

ALPS Equal Sector Weight ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Exchange Traded Funds*	$	308,117,481	$	–	$	–	$	308,117,481
Short Term Investments		19,418,228		–		–		19,418,228
Total	$	327,535,709	$	–	$	–	$	327,535,709

ALPS Global Travel Beneficiaries ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	6,279,330	$	–	$	–	$	6,279,330
Short Term Investments		35,009		–		–		35,009
Total	$	6,314,339	$	–	$	–	$	6,314,339

ALPS Intermediate Municipal Bond ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Municipal Bonds*	$	–	$	30,927,848	$	–	$	30,927,848
Short Term Investments		58,300		–		–		58,300
Total	$	58,300	$	30,927,848	$	–	$	30,986,148

ALPS International Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	220,796,728	$	–	$	–	$	220,796,728
Short Term Investments		5,302,300		–		–		5,302,300
Total	$	226,099,028	$	–	$	–	$	226,099,028

ALPS Medical Breakthroughs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	101,078,405	$	–	$	–	$	101,078,405
Short Term Investments		2,532,994		–		–		2,532,994
Total	$	103,611,399	$	–	$	–	$	103,611,399

ALPS | O'Shares Europe Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	39,653,413	$	–	$	–	$	39,653,413
Short Term Investments		82,411		–		–		82,411
Total	$	39,735,824	$	–	$	–	$	39,735,824

ALPS | O'Shares Global Internet Giants ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	144,062,791	$	–	$	–	$	144,062,791
Short Term Investments		747,889		–		–		747,889
Total	$	144,810,680	$	–	$	–	$	144,810,680

ALPS | O'Shares U.S. Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	671,452,095	$	–	$	–	$	671,452,095
Short Term Investments		89,367		–		–		89,367
Total	$	671,541,462	$	–	$	–	$	671,541,462

ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	343,074,058	$	–	$	–	$	343,074,058
Short Term Investments		451,784		–		–		451,784
Total	$	343,525,842	$	–	$	–	$	343,525,842

ALPS REIT Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	12,890,555	$	–	$	–	$	12,890,555
Short Term Investments		30,304		–		–		30,304
Total	$	12,920,859	$	–	$	–	$	12,920,859

ALPS Sector Dividend Dogs ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	1,169,010,077	$	–	$	–	$	1,169,010,077
Short Term Investments		1,744,177		–		–		1,744,177
Total	$	1,170,754,254	$	–	$	–	$	1,170,754,254

Barron's 400 ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	133,494,822	$	–	$	–	$	133,494,822
Limited Partnerships*		2,982,098		–		–		2,982,098
Short Term Investments		2,213,552		–		–		2,213,552
Total	$	138,690,472	$	–	$	–	$	138,690,472

Level Four Large Cap Growth Active ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	41,589,157	$	–	$	–	$	41,589,157
Exchange Traded Funds*		15,961,105		–		–		15,961,105
Warrants*		2,492		–		–		2,492
Short Term Investments		714,522		–		–		714,522
Total	$	58,267,276	$	–	$	–	$	58,267,276

RiverFront Dynamic Core Income ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	20,702,146	$	–	$	20,702,146
Government Bonds*		–		6,327,560		–		6,327,560
Short Term Investments		2,330,389		–		–		2,330,389
Total	$	2,330,389	$	27,029,706	$	–	$	29,360,095

RiverFront Dynamic US Dividend Advantage ETF
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Common Stocks*	$	78,053,206	$	–	$	–	$	78,053,206
Short Term Investments		851,618		–		–		851,618
Total	$	78,904,824	$	–	$	–	$	78,904,824

RiverFront Strategic Income Fund
Investments in Securities at Value	Level 1 - Quoted and Unadjusted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Total
Corporate Bonds*	$	–	$	77,948,767	$	–	$	77,948,767
Government Bonds*		–		23,063,207		–		23,063,207
Short Term Investments		4,387,611		–		–		4,387,611
Total	$	4,387,611	$	101,011,974	$	–	$	105,399,585

* For a detailed sector, state or country breakdown, see the accompanying Schedule of Investments.

The Funds, except for the ALPS Emerging Sector Dividend Dogs ETF, did not have any securities that used significant unobservable inputs (Level 3) in determining fair value and there were no transfers into or out of Level 3 during the nine months ended August 31, 2023.  As of August 31, 2023, the ALPS Emerging Sector Dividend Dogs ETF held securities classified as Level 3 in the fair value hierarchy valued at $1,554, which represents 0.01% of net assets.

3. Lending of Portfolio Securities

Alerian Energy Infrastructure ETF, ALPS Active Equity Opportunity ETF, ALPS Active REIT ETF, ALPS Clean Energy ETF, ALPS Disruptive Technologies ETF, ALPS Emerging Sector Dividend Dogs ETF, ALPS Equal Sector Weight ETF, ALPS Global Travel Beneficiaries ETF, ALPS International Sector Dividend Dogs ETF, ALPS Medical Breakthroughs ETF, ALPS | O’Shares Europe Quality Dividend ETF, the ALPS | O’Shares Global Internet Giants ETF, the ALPS | O’Shares U.S. Quality Dividend ETF, ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF, ALPS REIT Dividend Dogs ETF, ALPS Sector Dividend Dogs ETF, Barron’s 400^SM ETF, Level Four Large Cap Growth Active ETF, and RiverFront Dynamic US Dividend Advantage ETF have entered into a securities lending agreement with State Street Bank & Trust Co. (“SSB”), the Funds’ lending agent. The Funds may lend their portfolio securities only to borrowers that are approved by SSB. Each Fund will limit such lending to not more than 33 1/3% of the value of its total assets. Each Fund’s securities held as SSB as custodian shall be available to be lent except those securities the Fund or ALPS Advisors Inc. specifically identifies in writing as not being available for lending. The borrower pledges and maintains with each Fund collateral consisting of cash (U.S. Dollars only), securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, and by cash equivalents (including irrevocable bank letters of credit issued by a person other than the borrower or an affiliate of the borrower). The initial collateral received by each Fund is required to have a value of no less than 102% of the market value of the loaned securities for U.S equity securities and a value of no less than 105% of the market value for non-U.S. equity securities. The collateral is maintained thereafter, at a market value equal to not less than 102% of the current value of the U.S. equity securities on loan and not less than 105% of the current value of the non-U.S. equity securities on loan. The market value of the loaned securities is determined at the close of each business day and any additional required collateral is delivered to each Fund on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the customary time period for settlement of securities transactions.

Any cash collateral received is reinvested in a money market fund managed by SSB as disclosed in each Fund’s Schedule of Investments. Non-cash collateral, in the form of securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, is not disclosed in a Fund’s Schedule of Investments as it is held by the lending agent on behalf of each Fund, and each Fund does not have the ability to re-hypothecate these securities.

The following is a summary of each Fund’s securities lending agreements and related cash and non-cash collateral received as of August 31, 2023:

Fund	Market Value of Securities on Loan		Cash Collateral Received		Non-Cash Collateral Received		Total Collateral Received
Alerian Energy Infrastructure ETF	$	11,316,926	$	11,623,324	$	323,138	$	11,946,462
ALPS Active Equity Opportunity ETF		745,630		319,481		449,492		768,973
ALPS Clean Energy ETF		70,939,344		46,938,493		26,472,153		73,410,646
ALPS Disruptive Technologies ETF		2,771,278		1,222,679		1,651,728		2,874,407
ALPS Emerging Sector Dividend Dogs ETF		1,423,285		469,408		1,019,441		1,488,849
ALPS Equal Sector Weight ETF		66,093,352		19,389,276		48,693,186		68,082,462
ALPS Global Travel Beneficiaries ETF		21,110		22,166		–		22,166
ALPS International Sector Dividend Dogs ETF		7,454,690		5,239,847		2,586,481		7,826,328
ALPS Medical Breakthroughs ETF		21,963,314		2,509,785		20,238,157		22,747,942
ALPS | O'Shares Global Internet Giants ETF		709,733		727,163		–		727,163
ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF		392,164		407,066		–		407,066
ALPS REIT Dividend Dogs ETF		734,958		–		751,854		751,854
Barron’s 400SM ETF		8,096,355		1,747,409		6,514,138		8,261,547
RiverFront Dynamic US Dividend Advantage ETF		2,799,470		851,618		2,000,871		2,852,489

The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, each Fund benefits from a borrower default indemnity provided by SSB. SSB’s indemnity allows for full replacement of securities lent wherein SSB will purchase the unreturned loaned securities on the open market by applying the proceeds of the collateral, or to the extent such proceeds are insufficient or the collateral is unavailable, SSB will purchase the unreturned loan securities at SSB’s expense. However, the Funds could suffer a loss if the value of the investments purchased with cash collateral falls below the value of the cash collateral received.

4. Return of Capital Estimates

The Alerian MLP ETF (the “Alerian Fund”) expects a portion of the distributions it receives from Master Limited Partnerships (“MLPs”) to be treated as a tax-deferred return of capital, thus reducing the Alerian Fund’s current tax liability. Return of capital distributions are not taxable income to the shareholder, but reduce the investor’s tax basis in the investor’s Fund Shares. Such a reduction in tax basis will result in larger taxable gains and/or lower tax losses on a subsequent sale of Fund Shares. Shareholders who periodically receive the payment of dividends or other distributions consisting of a return of capital may be under the impression that they are receiving net profits from the Alerian Fund when, in fact, they are not. Shareholders should not assume that the source of the distributions is from the net profits of the Alerian Fund.

5. Master Limited Partnerships

MLPs are publicly traded partnerships engaged in, among other things, the transportation, storage and processing of minerals and natural resources and are treated as partnerships for U.S. federal income tax purposes. By confining their operations to these specific activities, their interests, or units, are able to trade on public securities exchanges exactly like the shares of a corporation, without entity level taxation. To qualify as a MLP and to not be taxed as a corporation, a partnership must receive at least 90% of its income from qualifying sources as set forth in Section 7704(d) of the Internal Revenue Code of 1986, as amended (the “Code”). These qualifying sources include, among other things, natural resource- based activities such as the processing, transportation and storage of mineral or natural resources. MLPs generally have two classes of owners; the general partner and limited partners. The general partner of an MLP is typically owned by a major energy company, an investment fund, the direct management of the MLP, or is an entity owned by one or more of such parties. The general partner may be structured as a private or publicly traded corporation or other entity. The general partner typically controls the operations and management of the MLP through an up to 2% equity interest in the MLP plus, in many cases, ownership of common units and subordinated units. Limited partners typically own the remainder of the partnership, through ownership of common units, and have a limited role in the partnership’s operations and management.

MLPs are typically structured such that common units and general partner interests have first priority to receive quarterly cash distributions up to an established minimum amount (“minimum quarterly distributions” or “MQD”). Common and general partner interests also accrue arrearages in distributions to the extent the MQD is not paid. Once common and general partner interests have been paid, subordinated units receive distributions of up to the MQD; however, subordinated units do not accrue arrearages. Distributable cash in excess of the MQD is paid to both common and subordinated units and is distributed to both common and subordinated units generally on a pro rata basis. The general partner is also eligible to receive incentive distributions if the general partner operates the business in a manner which results in distributions paid per common unit surpassing specified target levels. As the general partner increases cash distributions to the limited partners, the general partner receives an increasingly higher percentage of the incremental cash distributions.

6. Affiliated Companies

As defined by the Investment Company Act of 1940, an affiliated person, including an affiliated company, is one in which a Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund.

For the nine months ended August 31, 2023, the Alerian MLP ETF held shares in the following affiliates, as defined by the Investment Company Act of 1940:

Security Name	Share Balance as of August 31, 2023		Market Value as of November 30, 2022		Purchases		Purchases In-Kind		Sales			Market Value as of August 31, 2023		Dividends*		Change in Unrealized Appreciation / (Depreciation)			Realized Gain / (Loss)
Crestwood Equity Partners LP		13,548,476	$	315,563,335	$	85,932,019	$	49,972,143	$	(55,794,530	)	$	387,486,414	$	-	$	19,342,310		$	(2,548,479	)
DCP Midstream LP		-		533,370,461		-		43,160,215		(604,598,346	)		-		-		(316,653,802	)		350,530,033
EnLink Midstream LLC		38,166,340		617,327,942		1,033,162		78,048,933		(180,722,168	)		474,789,270		-		(53,938,486	)		29,576,622
Genesis Energy LP		16,796,588		172,328,904		8,008,179		25,803,699		(29,062,773	)		166,118,255		-		(1,044,185	)		(2,547,354	)
Holly Energy Partners LP		7,052,559		127,775,101		6,315,596		19,417,405		(21,320,261	)		150,219,507		-		25,435,834			(189,417	)
Magellan Midstream Partners LP		13,338,883		722,152,632		124,052,505		117,302,262		(273,342,044	)		885,968,609		-		218,925,126			20,438,184
NuStar Energy LP		15,437,427		243,096,953		13,995,066		37,055,818		(41,401,061	)		258,731,277		-		24,145,575			(149,326	)
Plains All American Pipeline LP		59,436,032		733,362,659		90,848,875		115,928,039		(205,466,731	)		906,399,488		-		208,419,921			10,722,986
Western Midstream Partners LP		29,951,629		692,848,231		146,277,094		111,004,367		(122,567,255	)		799,408,978		-		27,190,986			(1,143,439	)
												$	4,029,121,798	$	-	$	151,823,279		$	404,689,810

* 100% of the income received was estimated as Return of Capital.