|
ETFMG Prime Mobile Payments ETF
|
|||||
|
Schedule of Investments
|
|||||
|
June 30, 2023 (Unaudited)
|
|||||
|
Shares
|
Value
|
||||
|
COMMON STOCKS - 99.2%
|
|||||
|
Australia - 0.1%
|
|||||
|
Financial Services - 0.1% (d)
|
|||||
|
EML Payments, Ltd. (a)
|
1,385,658
|
$
|
576,911 | ||
|
Bermuda - 0.7%
|
|||||
|
Electronic Equipment, Instruments & Components - 0.4%
|
|||||
|
PAX Global Technology, Ltd.
|
2,568,250
|
1,946,836
|
|||
|
Financial Services - 0.3% (d)
|
|||||
|
Paysafe, Ltd. (a)
|
114,951
|
1,159,856
|
|||
|
Total Bermuda
|
3,106,692
|
||||
|
Brazil - 1.4%
|
|||||
|
Financial Services - 1.4% (d)
|
|||||
|
Cielo SA
|
6,386,866
|
6,095,814
|
|||
|
Canada - 1.4%
|
|||||
|
Financial Services - 1.4% (d)
|
|||||
|
Nuvei Corp. (a)(f)
|
205,219
|
6,060,138
|
|||
|
Cayman Islands - 5.5%
|
|||||
|
Financial Services - 5.5% (d)
|
|||||
|
Dlocal, Ltd. (a)(b)
|
555,937
|
6,785,211
|
|||
|
Pagseguro Digital, Ltd. - Class A (a)(b)
|
605,913
|
5,719,819
|
|||
|
StoneCo. Ltd. - Class A (a)
|
483,787
|
6,163,446
|
|||
|
Yeahka, Ltd. (a)
|
2,104,292
|
4,699,478
|
|||
|
Total Financial Services
|
23,367,954
|
||||
|
Cyprus - 0.0% (h)
|
|||||
|
Financial Services - 0.0% (d)(h)
|
|||||
|
QIWI PLC - ADR (a)(b)(g)
|
235,051
|
0
|
|||
|
France - 1.8%
|
|||||
|
Financial Services - 1.8% (d)
|
|||||
|
Worldline SA (a)(f)
|
212,892
|
7,782,329
|
|||
|
Italy - 1.9%
|
|||||
|
Financial Services - 1.9% (d)
|
|||||
|
Nexi SpA (a)(f)
|
1,033,208
|
8,097,269
|
|||
|
Japan - 3.4%
|
|||||
|
Consumer Finance - 1.4%
|
|||||
|
Jaccs Co., Ltd.
|
168,159
|
5,850,225
|
|||
|
Financial Services - 2.0% (d)
|
|||||
|
GMO Financial Gate, Inc.
|
19,483
|
1,562,205
|
|||
|
GMO Payment Gateway, Inc.
|
88,090
|
6,837,437
|
|||
|
Total Financial Services
|
8,399,642
|
||||
|
Total Japan
|
14,249,867
|
||||
|
Netherlands - 4.9%
|
|||||
|
Financial Services - 4.9% (d)
|
|||||
|
Adyen NV (a)(f)
|
12,025
|
20,808,412
|
|||
|
Puerto Rico - 1.5%
|
|||||
|
Financial Services - 1.5% (d)
|
|||||
|
EVERTEC, Inc.
|
166,243
|
6,122,730
|
|||
|
Republic of Korea - 3.0%
|
|||||
|
Consumer Finance - 1.4%
|
|||||
|
Samsung Card Co., Ltd.
|
260,599
|
5,864,046
|
|||
|
Financial Services - 1.6% (d)
|
|||||
|
Danal Co., Ltd. (a)
|
325,746
|
993,814
|
|||
|
Kakaopay Corp. (a)
|
157,034
|
5,601,334
|
|||
|
Total Financial Services
|
6,595,148
|
||||
|
Total Republic of Korea
|
12,459,194
|
||||
|
United Kingdom - 3.8%
|
|||||
|
Financial Services - 3.8% (d)
|
|||||
|
Network International Holdings PLC (a)(f)
|
1,298,096
|
6,323,973
|
|||
|
PayPoint PLC
|
227,566
|
1,394,470
|
|||
|
Wise PLC - Class A (a)
|
996,396
|
8,316,376
|
|||
|
Total Financial Services
|
16,034,819
|
||||
|
United States - 69.8%
|
|||||
|
Consumer Finance - 11.4%
|
|||||
|
American Express Co.
|
148,383
|
25,848,319
|
|||
|
Bread Financial Holdings, Inc. (b)
|
194,074
|
6,091,983
|
|||
|
Discover Financial Services
|
122,125
|
14,270,306
|
|||
|
Green Dot Corp. - Class A (a)
|
112,014
|
2,099,142
|
|||
|
Total Consumer Finance
|
48,309,750
|
||||
|
Financial Services - 55.4% (d)
|
|||||
|
Affirm Holdings, Inc. (a)(b)
|
439,132
|
6,731,894
|
|||
|
Block, Inc. (a)
|
258,096
|
17,181,451
|
|||
|
Boku, Inc. (a)(f)
|
607,324
|
1,052,829
|
|||
|
Cantaloupe, Inc. (a)
|
168,708
|
1,342,916
|
|||
|
Euronet Worldwide, Inc. (a)
|
60,071
|
7,050,533
|
|||
|
Fidelity National Information Services, Inc.
|
264,426
|
14,464,102
|
|||
|
Fiserv, Inc. (a)(b)
|
214,145
|
27,014,393
|
|||
|
FleetCor Technologies, Inc. (a)(b)
|
43,898
|
11,021,910
|
|||
|
Flywire Corp. (a)(b)
|
200,254
|
6,215,884
|
|||
|
Global Payments, Inc.
|
127,645
|
12,575,585
|
|||
|
I3 Verticals, Inc. - Class A (a)(b)
|
86,727
|
1,982,579
|
|||
|
International Money Express, Inc. (a)
|
84,796
|
2,080,046
|
|||
|
Jack Henry & Associates, Inc. (b)
|
55,127
|
9,224,401
|
|||
|
Marqeta, Inc. - Class A (a)(b)
|
1,235,407
|
6,016,432
|
|||
|
MasterCard, Inc. - Class A
|
65,426
|
25,732,047
|
|||
|
Payoneer Global, Inc. (a)
|
1,292,782
|
6,218,281
|
|||
|
PayPal Holdings, Inc. (a)
|
382,943
|
25,553,786
|
|||
|
Remitly Global, Inc. (a)(b)
|
329,470
|
6,200,625
|
|||
|
Shift4 Payments, Inc. - Class A (a)(b)
|
104,573
|
7,101,552
|
|||
|
Visa, Inc. - Class A (b)
|
106,601
|
25,315,605
|
|||
|
Western Union Co.
|
555,064
|
6,510,901
|
|||
|
WEX, Inc. (a)
|
42,813
|
7,794,963
|
|||
|
Total Financial Services
|
234,382,715
|
||||
|
Software - 3.0%
|
|||||
|
ACI Worldwide, Inc. (a)(b)
|
258,156
|
5,981,475
|
|||
|
NCR Corp. (a)
|
255,474
|
6,437,944
|
|||
|
Total Software
|
12,419,419
|
||||
|
Total United States
|
295,111,884
|
||||
|
TOTAL COMMON STOCKS (Cost $565,469,774)
|
419,874,013
|
||||
|
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 22.0%
|
|||||
|
ETFMG Sit Ultra Short ETF (e)
|
600,000
|
29,094,000
|
|||
|
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (c)
|
63,659,672
|
63,659,672
|
|||
|
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL (Cost $93,610,232)
|
92,753,672
|
||||
|
SHORT-TERM INVESTMENTS - 0.7%
|
|||||
|
Money Market Funds - 0.7%
|
|||||
|
First American Government Obligations Fund - Class X, 5.01% (c)
|
2,950,376
|
2,950,376
|
|||
|
TOTAL SHORT-TERM INVESTMENTS (Cost $2,950,376)
|
2,950,376
|
||||
|
Total Investments (Cost $662,030,382) - 121.9%
|
515,578,061
|
||||
|
Liabilities in Excess of Other Assets - (21.9)%
|
(92,484,722)
|
||||
|
TOTAL NET ASSETS - 100.0%
|
$
|
423,093,339 | |||
|
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 June 30, 2023.
|
||||
|
(c)
|
The rate shown is the annualized seven-day yield at period end.
|
||||
|
(d)
|
As of June 30, 2023 the Fund had a significant portion of its assets in the Financial Services Industry.
|
||||
|
(e)
|
Affiliated security. A schedule of the Fund’s investments in securities of affiliated issuers held during the period ended June 30, 2023 is set
forth below.
|
||||
|
(f)
|
Restricted security as defined in Rule 144(a) under the Securities Act of 1933. Resale to the public may require registration or may extend
only to qualified institutional buyers. At June 30, 2023, the market value of these securities total $50,124,950, which represents 11.8% of total net assets.
|
||||
|
(g)
|
Value determined using significant unobservable inputs. The value of this security totals $0, which represents 0.0% of total net assets.
Classified as Level 3 in the fair value hierarchy.
|
||||
|
(h)
|
Amount is less than 0.05%.
|
||||
|
The Global Industry Classification Standard (GICS
|
|||||
|
The accompanying notes are an integral part of these financial statements.
|
|||||
|
Security Name
|
Value at
September 30,
2022
|
Purchases
|
Sales
|
Net Realized Gain
(Losses)
|
Net Change in
Unrealized
Appreciation
(Depreciation)
|
Dividend
Income
|
Value at
June 30,
2023
|
Ending Shares
|
|
ETFMG Sit Ultra Short ETF
|
$ 43,267,500
|
$ -
|
$ (14,501,379)
|
$ (554,579)
|
$ 882,457
|
$ -
|
$ 29,094,000
|
600,000
|
|
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 Alternative Harvest ETF (“MJXL”), 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 June 30,
2023, AIEQ, HACK, IPAY, GAMR, VALT, AWAY, GERM, MJUS, MJXL, SILX, IVES, ITEQ and ETHO did not hold any fair valued securities. As of June 30, 2023, SILJ held three fair valued securities and MJ 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 June 30, 2023:
|
|
|
IPAY
|
|||||||||||||||
|
Assets^
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||
|
Common Stocks
|
$
|
419,874,013
|
$
|
-
|
$
|
-
|
(1) |
$
|
419,874,013
|
||||||
|
Short-Term Investments
|
2,950,376
|
-
|
-
|
2,950,376
|
|||||||||||
|
ETFMG Sit Ultra Short ETF**
|
29,094,000
|
-
|
-
|
29,094,000
|
|||||||||||
|
Investments Purchased with Securities Lending Collateral*
|
-
|
-
|
-
|
63,659,672
|
|||||||||||
|
Total Investments in Securities
|
$
|
451,918,389
|
$
|
-
|
$
|
-
|
$
|
515,578,061
|
|||||||
|
(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.
|
||||||||