NPORT-EX 2 away_nport.htm

ETFMG Travel Tech ETF
            
Schedule of Investments
            
December 31, 2022 (Unaudited)
            
   
Shares
    
Value
  
             
COMMON STOCKS - 98.4%
            
Australia - 11.5%
            
Hotels, Restaurants & Leisure - 7.6% (d)
            
Corporate Travel Management, Ltd.
    
524,525
    
$
5,260,428
  
Webjet, Ltd. (a)
    
1,358,569
      
5,716,396
  
Total Hotels, Restaurants & Leisure
            
10,976,824
  
Software - 3.9%
                
SiteMinder, Ltd. (a)
    
2,736,382
      
5,663,728
  
Total Australia
            
16,640,552
  
                 
Brazil - 0.7%
                
Hotels, Restaurants & Leisure - 0.7% (d)
                
CVC Brasil Operadora e Agencia de Viagens SA (a)
    
1,269,088
      
1,079,257
  
                 
Cayman Islands - 9.9%
                
Hotels, Restaurants & Leisure - 9.9% (d)
                
Tongcheng Travel Holdings, Ltd. (a)
    
2,850,472
      
6,858,268
  
Trip.com Group, Ltd. - ADR (a)
    
183,292
      
6,305,245
  
Yatra Online, Inc. (a)
    
463,491
      
1,117,013
  
Total Hotels, Restaurants & Leisure
            
14,280,526
  
                 
China - 4.2%
                
IT Services - 4.2%
                
TravelSky Technology, Ltd.
    
2,890,649
      
6,110,565
  
                 
Japan - 8.7%
                
Hotels, Restaurants & Leisure - 6.2% (d)
                
Adventure, Inc.
    
53,292
      
3,768,285
  
Airtrip Corp.
    
133,003
      
2,474,804
  
Open Door, Inc. (a)
    
196,851
      
2,659,378
  
Total Hotels, Restaurants & Leisure
            
8,902,467
  
Internet & Direct Marketing Retail - 2.5%
                
Temairazu, Inc.
    
49,574
      
1,888,678
  
Veltra Corp. (a)
    
379,382
      
1,705,542
  
Total Internet & Direct Marketing Retail
            
3,594,220
  
Total Japan
            
12,496,687
  
                 
Mauritius - 3.8%
                
Hotels, Restaurants & Leisure - 3.8% (d)
                
MakeMyTrip, Ltd. (a)
    
196,155
      
5,407,993
  
                 
Netherlands - 2.8%
                
Interactive Media & Services - 2.8%
                
Trivago NV - ADR (a)
    
2,948,843
      
3,980,938
  
                 
Republic of Korea - 2.5%
                
Hotels, Restaurants & Leisure - 2.5% (d)
                
Hana Tour Service, Inc. (a)
    
74,682
      
3,573,160
  
                 
Spain - 6.5%
                
Hotels, Restaurants & Leisure - 2.2% (d)
                
eDreams ODIEGO SA (a)
    
749,258
      
3,168,059
  
IT Services - 4.3%
                
Amadeus IT Group SA (a)
    
120,376
      
6,255,960
  
Total Spain
            
9,424,019
  
                 
United Kingdom - 8.7%
                
Hotels, Restaurants & Leisure - 5.5% (d)
                
On the Beach Group PLC (a)(f)
    
1,976,251
      
3,736,709
  
Trainline PLC (a)(f)
    
1,257,703
      
4,175,314
  
Total Hotels, Restaurants & Leisure
            
7,912,023
  
Software - 3.2%
                
accesso Technology Group PLC (a)
    
464,939
      
4,654,112
  
Total United Kingdom
            
12,566,135
  
                 
United States - 36.4%
                
Airlines - 1.9%
                
Blade Air Mobility, Inc. - Class A (a)
    
788,613
      
2,823,235
  
Hotels, Restaurants & Leisure - 18.8% (d)
                
Airbnb, Inc. - Class A (a)
    
64,893
      
5,548,351
  
Booking Holdings, Inc. (a)
    
3,190
      
6,428,743
  
Expedia Group, Inc. (a)
    
55,144
      
4,830,614
  
Global Business Travel Group (a)(b)
    
1,134,271
      
7,656,330
  
Mondee Holdings, Inc. (a)(b)
    
260,856
      
2,634,646
  
Total Hotels, Restaurants & Leisure
            
27,098,684
  
Interactive Media & Services - 3.5%
                
TripAdvisor, Inc. (a)(b)
    
283,292
      
5,093,590
  
IT Services - 4.2%
                
Sabre Corp. (a)(b)
    
971,963
      
6,006,731
  
Road & Rail - 8.0%
                
Lyft, Inc. - Class A (a)
    
521,561
      
5,747,601
  
Uber Technologies, Inc. (a)
    
231,887
      
5,734,566
  
Total Road & Rail
            
11,482,167
  
Total United States
            
52,504,407
  
                 
Virgin Islands (UK) - 2.7%
                
Hotels, Restaurants & Leisure - 2.7% (d)
                
Despegar.com Corp. (a)
    
753,938
      
3,867,702
  
TOTAL COMMON STOCKS (Cost $218,703,377)
            
141,931,941
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 5.7%
                
ETFMG Sit Ultra Short ETF (e)
    
25,000
      
1,208,500
  
Mount Vernon Liquid Assets Portfolio, LLC, 4.49% (c)
    
6,999,229
      
6,999,229
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL (Cost $8,242,692)
            
8,207,729
  
                 
SHORT-TERM INVESTMENTS - 2.1%
                
First American Government Obligations Fund - Class X, 4.08% (c)
    
3,022,921
      
3,022,921
  
TOTAL SHORT-TERM INVESTMENTS (Cost $3,022,921)
            
3,022,921
  
                 
Total Investments (Cost $229,968,990) - 106.2%
            
153,162,591
  
Liabilities in Excess of Other Assets - (6.2)%
            
(8,879,942
)
TOTAL NET ASSETS - 100.0%
          
$
144,282,649
  
                 
Percentages are stated as a percent of net assets.
          

ADR
American Depositary Receipt
        
PLC
Public Limited Company
        
(a)
Non-income producing security.
        
(b)
All or a portion of this security was out on loan at December 31, 2022.
        
(c)
The rate shown is the annualized seven-day yield at period end.
        
(d)
As of December 31, 2022, the Fund had a significant portion of its assets in the Hotels, Restaurants & Leisure Industry.
  
(e)
Affiliated security. A schedule of the Fund’s investments in securities of affiliated issuers held during the period ended December 31, 2022 is set forth below.
  
(f)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. This security may be resold in transitions exempt from registration to qualified institutional investors. At December 31, 2022, the market value of these securities total $7,912,023, which represents 5.5% of total net assets.
  

 
Security Name

Value at
September 30,
2022
Purchases
Sales
Net Realized Gain
(Losses)
Net Change in
Unrealized
Appreciation
(Depreciation)
Dividend
Income
Value at
December 31,
2022
Ending Shares
ETFMG Sit Ultra Short ETF
 $        1,201,875
 $                -
 $                -
 $                -
 $              6,625
 $                -
 $        1,208,500
              25,000

 
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services (“Fund Services”).
 
The accompanying notes are an integral part of these financial statements

 
ETF Managers Trust

The following is a summary of significant accounting policies consistently followed by ETFMG Prime Junior Silver Miners ETF (“SILJ”), ETFMG Prime 2x Daily Junior Silver Miners ETF (“SILX”), ETFMG Prime Cyber Security ETF (“HACK”), ETFMG Prime Mobile Payments ETF (“IPAY”), ETFMG Sit Ultra Short ETF (“VALT”), ETFMG Travel Tech ETF (“AWAY”), ETFMG Treatments, Testing and Advancements ETF (“GERM”), ETFMG Alternative Harvest U.S. ETF (“MJUS”), ETFMG Alternative Harvest ETF (“MJ”), ETFMG 2x Daily Travel Tech ETF (“AWYX”), Wedbush ETFMG Video Game Tech ETF (“GAMR”), Wedbush ETFMG Global Cloud Technology ETF (“IVES”), BlueStar Israel Technology ETF (“ITEQ”), Etho Climate Leadership U.S. ETF (“ETHO”) and AI Powered Equity ETF (“AIEQ”) (each a “Fund,” or collectively the “Funds”).
  
 
 
  
 
Security Valuation. Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on the valuation date (or at approximately 4:00 pm Eastern Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used.
 
Securities for which quotations are not readily available are valued at their respective fair values as determined in good faith by the Board of Trustees (the “Board”). When a security is “fair valued,” consideration is given to the facts and circumstances relevant to the particular situation, including a review of various factors set forth in the pricing procedures adopted by the Funds’ Board. The use of fair value pricing by a Fund may cause the net asset value of its shares to differ significantly from the net asset value that would be calculated without regard to such considerations. As of December 31, 2022, AIEQ, HACK, VALT, AWAY, GERM, MJUS, SILX, AWYX, IVES, ITEQ and ETHO did not hold any fair valued securities. As of December 31, 2022, SILJ held three fair valued securities and MJ, IPAY and GAMR held one fair valued security.
 
As described above, the Funds utilize various methods to measure the fair value of their investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:
  
 
 
 
  
 
Level 1
Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.
 
  
 
Level 2
Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
  
 
Level 3
Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Funds’ own assumptions about the assumptions a market participant would use in valuing the asset or liability and would be based on the best information available.
  
 
 
 
  
 
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.
 
The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
 
The following is a summary of the inputs used to value the Funds’ investments as of December 31, 2022:
  

AWAY
                        
Assets^
  
Level 1
    
Level 2
    
Level 3
    
Total
  
Common Stocks
  
$
141,931,941
    
$
-
    
$
-
    
$
141,931,941
  
Short-Term Investments
    
3,022,921
      
-
      
-
      
3,022,921
  
ETFMG Sit Ultra Short ETF**
    
1,208,500
      
-
      
-
      
1,208,500
  
Investments Purchased with Securities Lending Collateral*
    
-
      
-
      
-
      
6,999,229
  
Total Investments in Securities
  
$
146,163,362
    
$
-
    
$
-
    
$
153,162,591
  

(1)   Includes a security valued at $0.
                
^    See Schedule of Investments for classifications by country and industry
              
*    Certain investments that are measured at fair value used the net asset value per share (or its equivalent) practical expedient have not been
    
      categorized in the fair value hierarchy.  The fair value amounts presented in the table are intended to permit reconciliation of the fair value
    
      hierarchy to the amounts presented in the Schedules of Investments.
                
** Investment was purchased with collateral.
                
*** Swap contracts are derivative instruments, which are presented at the unrealized appreciation/depreciation on the instrument.