0001752724-22-074735.txt : 20220328 0001752724-22-074735.hdr.sgml : 20220328 20220328153134 ACCESSION NUMBER: 0001752724-22-074735 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220131 FILED AS OF DATE: 20220328 PERIOD START: 20221031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nushares ETF Trust CENTRAL INDEX KEY: 0001635073 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23161 FILM NUMBER: 22775241 BUSINESS ADDRESS: STREET 1: 333 W. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 W. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: NuShares ETF Trust DATE OF NAME CHANGE: 20160614 FORMER COMPANY: FORMER CONFORMED NAME: Nuveen ETF Trust DATE OF NAME CHANGE: 20150226 0001635073 S000072489 Nuveen ESG Dividend ETF C000228786 Nuveen ESG Dividend ETF NUDV NPORT-P 1 primary_doc.xml NPORT-P false 0001635073 XXXXXXXX S000072489 C000228786 NuShares ETF Trust 811-23161 0001635073 549300UWO63YZ5POLH71 333 W. 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Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 ETF.htm
Nuveen ESG Dividend ETF (NUDV)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 5.1%        
1,777   Comcast Corp, Class A       $88,832
475   Interpublic Group of Cos Inc       16,881
1,135   Lumen Technologies Inc       14,029
256   Omnicom Group Inc       19,292
1,222   Sirius XM Holdings Inc       7,772
1,761   Verizon Communications Inc       93,738
731   ViacomCBS Inc, Class B       24,452
    Total Communication Services       264,996
    Consumer Discretionary  – 5.5%        
272   Best Buy Co Inc       27,004
287   Home Depot Inc       105,323
345   Lowe's Cos Inc       81,886
318   Target Corp       70,097
    Total Consumer Discretionary       284,310
    Consumer Staples  – 11.0%        
675   Archer-Daniels-Midland Co       50,625
174   Bunge Ltd       17,202
296   Church & Dwight Co Inc       30,384
148   Clorox Co       24,843
1,662   Coca-Cola Co       101,399
855   Keurig Dr Pepper Inc       32,447
203   Kimberly-Clark Corp       27,943
856   Kroger Co       37,313
301   McCormick & Co Inc       30,193
562   PepsiCo Inc       97,518
732   Procter & Gamble Co       117,450
    Total Consumer Staples       567,317
    Energy – 3.4%        
1,000   Baker Hughes Co       27,440
291   Cheniere Energy Inc       32,563
538   ONEOK Inc       32,646
493   Valero Energy Corp       40,904
1,466   Williams Cos Inc       43,892
    Total Energy       177,445
      1

Nuveen ESG Dividend ETF (NUDV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Financials – 16.3%        
989   Bank of New York Mellon Corp       $58,608
89   BlackRock Inc       73,242
129   Cboe Global Markets Inc       15,290
329   CME Group Inc       75,505
361   Discover Financial Services       41,786
206   Goldman Sachs Group Inc       73,064
1,778   Huntington Bancshares Inc       26,777
417   Invesco Ltd       9,449
757   JPMorgan Chase & Co       112,490
447   Marsh & McLennan Cos Inc, Class A       68,677
877   MetLife Inc       58,812
827   Morgan Stanley       84,801
239   Northern Trust Corp       27,877
440   State Street Corp       41,580
687   Synchrony Financial       29,259
274   T Rowe Price Group Inc       42,314
    Total Financials       839,531
    Health Care – 14.6%        
385   Amgen Inc       87,449
603   Baxter International Inc       51,520
1,363   Bristol-Myers Squibb Co       88,445
355   Cardinal Health Inc       18,307
357   Cerner Corp       32,558
337   Cigna Corp       77,665
837   CVS Health Corp       89,149
348   Eli Lilly & Co       85,396
1,105   Gilead Sciences Inc       75,892
1,084   Merck & Co Inc       88,324
147   Quest Diagnostics Inc       19,848
412   Royalty Pharma PLC, Class A       16,484
1,480   Viatris Inc       22,156
    Total Health Care       753,193
    Industrials – 16.2%        
431   3M Co       71,555
159   A O Smith Corp       12,151
387   Caterpillar Inc       78,004
159   CH Robinson Worldwide Inc       16,639
152   Cummins Inc       33,574
217   Deere & Co       81,679
174   Dover Corp       29,564
2      

Shares   Description (1)       Value
    Industrials (continued)        
421   Eaton Corp PLC       $66,699
721   Emerson Electric Co       66,296
693   Fastenal Co       39,279
859   Johnson Controls International plc       62,423
40   Lennox International Inc       11,345
125   Owens Corning       11,087
269   Republic Services Inc       34,341
135   Robert Half International Inc       15,290
140   Rockwell Automation Inc       40,491
267   Rollins Inc       8,237
66   Snap-on Inc       13,744
287   Trane Technologies PLC       49,680
444   Waste Management Inc       66,795
54   WW Grainger Inc       26,736
    Total Industrials       835,609
    Information Technology – 11.8%        
323   Automatic Data Processing Inc       66,593
1,714   Cisco Systems Inc       95,418
150   Citrix Systems Inc       15,291
1,576   Hewlett Packard Enterprise Co       25,736
1,449   HP Inc       53,222
1,791   Intel Corp       87,437
662   International Business Machines Corp       88,423
392   Juniper Networks Inc       13,649
711   NortonLifeLock Inc       18,493
247   Seagate Technology Holdings PLC       26,466
199   Skyworks Solutions Inc       29,158
446   Texas Instruments Inc       80,053
519   Western Union Co       9,814
    Total Information Technology       609,753
    Materials – 2.8%        
1,856   Amcor PLC       22,291
300   International Flavors & Fragrances Inc       39,576
448   International Paper Co       21,616
286   PPG Industries Inc       44,673
246   Steel Dynamics Inc       13,658
    Total Materials       141,814
    Real Estate – 8.4%        
305   American Tower Corp       76,707
      3

Nuveen ESG Dividend ETF (NUDV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Real Estate (continued)        
405   Crown Castle International Corp       $73,917
456   Duke Realty Corp       26,348
93   Equinix Inc       67,416
621   Healthpeak Properties Inc       21,965
350   Iron Mountain Inc       16,072
518   Prologis Inc       81,233
474   Ventas Inc       25,131
510   Welltower Inc       44,181
    Total Real Estate       432,970
    Utilities – 4.7%        
219   American Water Works Co Inc       35,215
158   Atmos Energy Corp       16,941
349   CMS Energy Corp       22,469
429   Consolidated Edison Inc       37,087
285   Essential Utilities Inc       13,891
415   Eversource Energy       37,138
474   NiSource Inc       13,831
385   Sempra Energy       53,192
252   UGI Corp       11,428
    Total Utilities       241,192
    Total Long-Term Investments (cost $4,979,883)       5,148,130
    Other Assets Less Liabilities – 0.2%       12,161
    Net Assets – 100%       $5,160,291
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
4      

Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $5,148,130 $ — $ — $5,148,130
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
      5

Nuveen ESG Emerging Markets Equity ETF (NUEM)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 12.4%        
527,352   Axiata Group Bhd       $468,701
52,491   Emirates Telecommunications Group Co PJSC       473,027
94   HYBE Co Ltd, (2)       18,480
14,779   Info Edge India Ltd       973,219
19,674   Kakao Corp       1,387,217
71,537   MTN Group Ltd, (2)       888,409
807   NCSoft Corp, (2)       358,815
78,773   NetEase Inc       1,562,822
147,873   Ooredoo QPSC       295,259
5,053   SK Telecom Co Ltd       236,407
97,571   Telefonica Brasil SA       912,868
5,822,984   Telkom Indonesia Persero Tbk PT       1,696,447
141,341   Tencent Holdings Ltd       8,555,630
81,100   TIM SA/Brazil       202,674
73,905   Turkcell Iletisim Hizmetleri AS       102,962
    Total Communication Services       18,132,937
    Consumer Discretionary  – 13.5%        
68,960   Allegro.eu SA, 144A, (2)       633,341
33,369   Americanas SA, (2)       199,271
47,926   BYD Co Ltd       1,360,789
16,599   BYD Co Ltd       590,187
95,915   China Education Group Holdings Ltd       83,644
10,647   Coway Co Ltd, (2)       613,825
11,298   Dada Nexus Ltd, ADR, (2)       123,374
521,430   Dongfeng Motor Group Co Ltd       458,066
117,842   Falabella SA       420,548
460   FF Group, (2), (3)       619
58,965   Geely Automobile Holdings Ltd       125,832
477,074   Guangzhou Automobile Group Co Ltd       464,987
10,178   Hangzhou Robam Appliances Co Ltd       55,001
533,346   HengTen Networks Group Ltd, (2)       162,790
3,051   Hero MotoCorp Ltd       110,964
67,545   JD Health International Inc, 144A, (2)       540,097
6,730   JD.com Inc, Class A, (2)       241,320
7      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
20,446   LG Electronics Inc       $2,162,476
25,994   Li Auto Inc, ADR, (2)       678,183
369,978   Magazine Luiza SA       487,730
12,099   Mahindra & Mahindra Ltd       143,328
131,861   Meituan., Class B, 144A, (2)       3,713,561
59,401   Motherson Sumi Systems Ltd       143,284
59,401   Motherson Sumi Wiring India Lt, (2)       27,702
9,974   Naspers Ltd       1,587,368
35,226   NIO Inc, ADR, (2)       863,389
589,382   PTT Oil & Retail Business PCL, (4)       435,465
1,956   Shenzhou International Group Holdings Ltd       35,896
109,300   Suning.com Co Ltd, (2)       66,998
161,916   TCL Technology Group Corp, Class A       142,402
1,268   Titan Co Ltd       40,068
298,062   Topsports International Holdings Ltd, 144A       267,576
86,537   Vipshop Holdings Ltd, ADR, (2)       805,659
58,800   Wuchan Zhongda Group Co Ltd       48,579
7,665   XPeng Inc, ADR, (2)       268,965
27,099   Yum China Holdings Inc       1,305,359
6,000   Zhejiang Supor Co Ltd       48,630
19,965   Zhongsheng Group Holdings Ltd       152,729
    Total Consumer Discretionary       19,610,002
    Consumer Staples  – 6.8%        
48,169   Almarai Co JSC       630,373
793   AMOREPACIFIC Group, (2)       26,839
617   BGF retail Co Ltd, (2)       82,915
1,165   Britannia Industries Ltd       55,332
343,764   China Feihe Ltd, 144A       475,249
84,665   China Mengniu Dairy Co Ltd       499,463
93,855   Coca-Cola Femsa SAB de CV       494,479
250,864   Fomento Economico Mexicano SAB de CV       1,887,099
30,100   Henan Shuanghui Investment & Development Co Ltd       140,620
57,322   Hindustan Unilever Ltd       1,748,447
70,204   Inner Mongolia Yili Industrial Group Co Ltd       418,995
7,400   Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd       37,123
3,180   Kuala Lumpur Kepong Bhd       16,411
250   LG Household & Health Care Ltd       202,198
395   LG Household & Health Care Ltd       179,560
42,243   Magnit PJSC, GDR       553,383
3,020   Nestle India Ltd       747,911
      8

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Consumer Staples (continued)        
39,566   PPB Group Bhd       $150,116
50,335   Savola Group       457,481
1,469,824   Unilever Indonesia Tbk PT       411,861
73,200   Wens Foodstuffs Group Co Ltd       231,233
23,570   X5 Retail Group NV, GDR       528,911
    Total Consumer Staples       9,975,999
    Energy – 2.6%        
198,700   Cosan SA       889,472
761,170   Dialog Group Bhd       465,559
52,051   Offshore Oil Engineering Co Ltd       36,312
57,345   Petronas Dagangan Bhd       265,797
93,851   Qatar Fuel QSC       489,747
481,115   Qatar Gas Transport Co Ltd       477,019
212,588   Thai Oil PCL, (4)       335,212
24,135   Turkiye Petrol Rafinerileri AS, (2)       307,995
139,750   Ultrapar Participacoes SA       397,669
10,502   Yantai Jereh Oilfield Services Group Co Ltd       68,194
    Total Energy       3,732,976
    Financials – 18.9%        
5,018,143   Agricultural Bank of China Ltd       1,904,919
857,500   Agricultural Bank of China Ltd       397,915
160,922   Alpha Services and Holdings SA, (2)       239,923
246,224   Axis Bank Ltd, (2)       2,547,287
68,198   B3 SA - Brasil Bolsa Balcao       187,769
192,336   Banco Bradesco SA       825,850
48,039   Banco Bradesco SA       170,082
124,224   Bandhan Bank Ltd, 144A       525,046
592,577   Bank Central Asia Tbk PT       314,170
438,572   Cathay Financial Holding Co Ltd       998,116
4,622,143   China Construction Bank Corp       3,532,901
113,400   China Construction Bank Corp       106,489
470,600   China Everbright Bank Co Ltd       246,413
152,959   China Merchants Bank Co Ltd       1,273,097
29,500   China Merchants Bank Co Ltd       227,583
1,853   Credicorp Ltd       265,387
216,823   First Abu Dhabi Bank PJSC       1,180,616
239,927   FirstRand Ltd       957,071
385,185   Fubon Financial Holding Co Ltd       1,046,954
84,899   Huatai Securities Co Ltd       227,329
297,160   Huatai Securities Co Ltd, 144A       525,910
9      

Shares   Description (1)       Value
    Financials (continued)        
240,086   Industrial Bank Co Ltd       $785,890
25,625   KB Financial Group Inc       1,264,776
22,757   Kotak Mahindra Bank Ltd       566,741
435,682   Kuwait Finance House KSCP       1,303,162
3,940   Nedbank Group Ltd       48,523
839,165   Old Mutual Ltd       748,034
3,183   OTP Bank Nyrt, (2)       183,455
20,073   Piramal Enterprises Ltd       641,591
585,968   Public Bank Bhd       589,398
21,551   Qatar National Bank QPSC       129,270
5,927   Samsung Fire & Marine Insurance Co Ltd       985,785
36,646   Shinhan Financial Group Co Ltd       1,159,722
2,411   Standard Bank Group Ltd       23,286
204,034   State Bank of India       1,471,008
    Total Financials       27,601,468
    Health Care – 3.4%        
245,431   3SBio Inc, 144A, (2)       193,574
54,295   Akeso Inc, 144A, (2)       146,225
779,807   Alibaba Health Information Technology Ltd, (2)       583,039
21,466   Biocon Ltd, (2)       105,644
67,091   CSPC Pharmaceutical Group Ltd       81,309
10,110   Dr Sulaiman Al Habib Medical Services Group Co       444,615
13,540   Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd       61,770
1,336   Hangzhou Tigermed Consulting Co Ltd, 144A       13,904
129,012   Hansoh Pharmaceutical Group Co Ltd, 144A       265,385
28,107   Hartalega Holdings Bhd       39,486
2,832,638   Kalbe Farma Tbk PT       323,010
2,406   Oneness Biotech Co Ltd, (2)       20,674
39,080   Shanghai Fosun Pharmaceutical Group Co Ltd       156,369
6,668   Shanghai Fosun Pharmaceutical Group Co Ltd       44,458
10,200   Shenzhen Mindray Bio-Medical Electronics Co Ltd       516,944
48,177   WuXi AppTec Co Ltd, 144A       687,665
15,862   WuXi AppTec Co Ltd       260,605
86,763   Wuxi Biologics Cayman Inc, 144A, (2)       845,092
14,520   Yunnan Baiyao Group Co Ltd       205,505
    Total Health Care       4,995,273
    Industrials – 5.0%        
550,699   Airports of Thailand PCL, (4)       1,054,424
10,000   China Baoan Group Co Ltd       20,082
209,071   China Lesso Group Holdings Ltd       361,431
      10

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
395   CJ Corp, (2)       $26,017
12,317   Contemporary Amperex Technology Co Ltd       1,144,277
58,518   DiDi Global Inc, (2)       211,250
54,522   Evergreen Marine Corp Taiwan Ltd       221,507
35,653   Grupo Aeroportuario del Pacifico SAB de CV       490,585
1,297   Grupo Aeroportuario del Sureste SAB de CV       26,239
11,662   GS Engineering & Construction Corp, (2)       379,704
9,134   Hyundai Heavy Industries Holdings Co Ltd       362,557
16,631   LG Corp, (2)       1,020,899
2,335   Localiza Rent a Car SA       25,769
100,364   Rumo SA, (2)       295,233
139,300   Shanghai Electric Group Co Ltd       93,467
14,800   Shenzhen Inovance Technology Co Ltd       139,189
238,697   Shenzhen International Holdings Ltd       241,527
129,463   Sinotruk Hong Kong Ltd       191,599
13,003   SM Investments Corp       242,076
31,915   WEG SA       193,293
148,918   Xinjiang Goldwind Science & Technology Co Ltd       257,824
8,400   Xinjiang Goldwind Science & Technology Co Ltd       19,661
8,100   Zhejiang Weixing New Building Materials Co Ltd       28,698
80,202   Zoomlion Heavy Industry Science and Technology Co Ltd       88,642
258,907   Zoomlion Heavy Industry Science and Technology Co Ltd       168,674
    Total Industrials       7,304,624
    Information Technology – 22.3%        
81,100   360 Security Technology Inc, (2)       132,735
139,801   AAC Technologies Holdings Inc       422,224
558,044   Acer Inc       568,798
135,429   Asustek Computer Inc       1,750,439
346,572   Compal Electronics Inc       314,001
245,930   Delta Electronics Inc       2,369,643
33,688   Delta Electronics Thailand PCL, (4)       351,096
1,312   HCL Technologies Ltd       19,321
104,607   Infosys Ltd       2,434,674
783,625   Lenovo Group Ltd       841,154
44,855   LG Display Co Ltd       733,010
407,687   Lite-On Technology Corp       930,759
4,072   Samsung SDI Co Ltd       1,972,665
6,330   Samsung SDS Co Ltd       737,756
562,095   Taiwan Semiconductor Manufacturing Co Ltd       12,852,967
46,619   Tata Consultancy Services Ltd       2,338,306
11      

Shares   Description (1)       Value
    Information Technology (continued)        
32,821   Unisplendour Corp Ltd       $108,413
48,509   Wipro Ltd       372,061
530,749   Wistron Corp       598,223
909,571   Xinyi Solar Holdings Ltd       1,446,439
71,730   Yageo Corp       1,183,723
    Total Information Technology       32,478,407
    Materials – 10.7%        
206   Anglo American Platinum Ltd       24,705
38,717   Asian Paints Ltd       1,639,529
675,349   Barito Pacific Tbk PT       41,793
1,712   Berger Paints India Ltd       16,609
46,181   China Jushi Co Ltd       117,502
642,553   China Molybdenum Co Ltd       326,322
203,865   China Molybdenum Co Ltd       165,233
13,052   Ganfeng Lithium Co Ltd       274,084
2,024   Ganfeng Lithium Co Ltd, 144A       31,771
220,968   Gerdau SA       1,158,521
43,185   Grasim Industries Ltd       999,321
23,972   Hanwha Solutions Corp, (2)       641,308
27,980   Impala Platinum Holdings Ltd       423,462
11,426   KGHM Polska Miedz SA       389,472
24,165   Kingfa Sci & Tech Co Ltd       42,960
81,067   Klabin SA       379,839
12,402   Kumba Iron Ore Ltd       433,461
604   Kumho Petrochemical Co Ltd, (2)       72,901
3,297   Lotte Chemical Corp, (2)       533,318
673,690   Nan Ya Plastics Corp       2,092,716
4,946   Polymetal International PLC       70,406
13,131   Polyus PJSC, GDR       1,024,218
175,064   PTT Global Chemical PCL, (4)       297,075
35,113   SABIC Agri-Nutrients Co       1,581,625
83,067   Saudi Arabian Mining Co, (2)       2,034,664
33,404   Shandong Nanshan Aluminum Co Ltd       22,466
1,515   Shanghai Putailai New Energy Technology Co Ltd       33,797
71,600   Sinopec Shanghai Petrochemical Co Ltd       43,328
37,882   UPL Ltd       396,017
14,025   Zhejiang Huayou Cobalt Co Ltd       216,287
    Total Materials       15,524,710
    Real Estate – 1.9%        
13,052   A-Living Smart City Services Co Ltd, 144A       25,309
      12

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Real Estate (continued)        
5,404   China Resources Land Ltd       $26,024
329,841   China Vanke Co Ltd       850,242
112,000   China Vanke Co Ltd       356,960
21,921   Country Garden Services Holdings Co Ltd       128,897
16,425   Greentown Service Group Co Ltd       18,031
326,811   Guangzhou R&F Properties Co Ltd       145,015
1,543,949   SM Prime Holdings Inc       1,063,121
122,350   Sunac Services Holdings Ltd, 144A       138,236
    Total Real Estate       2,751,835
    Utilities – 2.4%        
4,059,748   Enel Americas SA       479,026
122,302   ENN Energy Holdings Ltd       1,938,625
63,804   Interconexion Electrica SA ESP       381,983
243,233   Power Grid Corp of India Ltd       703,077
    Total Utilities       3,502,711
    Total Common Stocks (cost $136,402,238)       145,610,942
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (5) Value
    CORPORATE BONDS  –  0.0%        
    Food Products  –  0.0%        
$25   Britannia Industries Ltd 5.500% 6/03/24 N/R $333
25   Total Corporate Bonds (cost $0)       333
    Total Long-Term Investments (cost $136,402,238)       145,611,275
    Other Assets Less Liabilities – 0.1%       96,366
    Net Assets – 100%       $145,707,641
13      

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $143,137,051 $2,473,272 $619 $145,610,942
Corporate Bonds  — 333  — 333
Total $143,137,051 $2,473,605 $619 $145,611,275
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(4) For fair value measurement disclosure purposes, investment classified as Level 2.  
(5) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
GDR Global Depositary Receipt  
      14

Nuveen ESG International Developed Markets Equity ETF (NUDM)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.6%        
    COMMON STOCKS – 99.6%        
    Communication Services – 5.3%        
393,684   HKT Trust & HKT Ltd       $536,184
51,947   KDDI Corp       1,643,279
5,262   Publicis Groupe SA       352,153
940   Schibsted ASA       24,459
5,549   Schibsted ASA, Class A       162,747
854,697   Singapore Telecommunications Ltd       1,536,009
53,983   SoftBank Corp       671,830
72,520   Telenor ASA       1,192,799
53,955   Telia Co AB       211,621
31,168   Vivendi SE       405,296
755,750   Vodafone Group PLC       1,318,340
348   Vodafone Group PLC, Sponsored ADR       6,094
29,962   WPP PLC       462,886
112,415   Z Holdings Corp       563,026
    Total Communication Services       9,086,723
    Consumer Discretionary  – 12.5%        
6,231   Bayerische Motoren Werke AG       531,555
15,239   Bayerische Motoren Werke AG       1,587,857
19,146   Cie Financiere Richemont SA       2,733,968
30,741   Daimler AG       2,409,834
9,009   EssilorLuxottica SA       1,684,730
3,074   Fiverr International Ltd, (2)       262,243
16,437   IDP Education Ltd       339,198
25,608   Industria de Diseno Textil SA       767,614
58,123   Mazda Motor Corp, (2)       445,917
12,620   Oriental Land Co Ltd/Japan       2,177,354
124,617   Panasonic Corp       1,354,591
3,875   Prosus NV       319,014
31,182   Sony Group Corp       3,442,265
7,416   Valeo       204,674
64,402   Wesfarmers Ltd       2,391,686
1,039   Whitbread PLC, (2)       42,126
29,218   Yamaha Motor Co Ltd       687,945
    Total Consumer Discretionary       21,382,571
15      

Shares   Description (1)       Value
    Consumer Staples  – 11.6%        
36,865   Associated British Foods PLC       $960,017
21,353   Coca-Cola Europacific Partners PLC, (2)       1,220,324
15,393   Coca-Cola HBC AG       504,116
41,865   Danone SA       2,592,919
182,630   J Sainsbury PLC       712,289
28,771   Jeronimo Martins SGPS SA       688,909
12,965   Kao Corp       644,959
2,797   Kerry Group PLC       351,169
11,261   Koninklijke Ahold Delhaize NV       362,991
6,909   L'Oreal SA       2,918,699
45,787   Mowi ASA       1,116,424
46,299   Nestle SA       5,921,578
77,839   Orkla ASA       740,322
13,410   Reckitt Benckiser Group PLC       1,081,471
    Total Consumer Staples       19,816,187
    Energy – 1.5%        
24,950   Ampol Ltd       522,609
43,973   Neste Oyj       1,960,412
    Total Energy       2,483,021
    Financials – 19.3%        
101,139   3i Group PLC       1,858,996
190,768   AIA Group Ltd       1,973,112
10,095   Allianz SE       2,572,805
88,920   Assicurazioni Generali SpA       1,852,042
40,931   Australia & New Zealand Banking Group Ltd       765,070
98,405   AXA SA       3,083,772
310,232   Banco Bilbao Vizcaya Argentaria SA       1,959,337
118,257   Bank Hapoalim BM       1,215,784
385,039   BOC Hong Kong Holdings Ltd       1,481,384
259,707   CaixaBank SA       828,560
17,773   CNP Assurances       434,333
14,103   DBS Group Holdings Ltd       367,138
21,386   EQT AB       823,904
2,812   Erste Group Bank AG       129,967
171,870   HSBC Holdings PLC       1,216,590
85,931   ING Groep NV       1,258,245
977,737   Intesa Sanpaolo SpA       2,871,085
1   Isracard Ltd       5
1,957,335   Lloyds Banking Group PLC       1,340,603
46,238   MS&AD Insurance Group Holdings Inc       1,575,443
      16

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
20,870   NatWest Group PLC       $67,873
319,609   Nomura Holdings Inc, (2)       1,400,482
5,213   Oversea-Chinese Banking Corp Ltd       48,076
214,845   Resona Holdings Inc       916,063
25,018   Societe Generale SA       916,657
35,002   Sumitomo Mitsui Trust Holdings Inc       1,204,452
5,168   Swiss Re AG       556,737
3,904   Tokyo Century Corp       190,414
    Total Financials       32,908,929
    Health Care – 11.5%        
1,249   Ambu A/S       26,204
3,165   Argenx SE, (2)       831,288
100,902   Astellas Pharma Inc       1,620,474
17,819   AstraZeneca PLC       2,060,054
89   AstraZeneca PLC, Sponsored ADR       5,181
55,682   Chugai Pharmaceutical Co Ltd       1,793,325
65,602   Daiichi Sankyo Co Ltd       1,460,353
19,274   Eisai Co Ltd       966,669
248   Genmab A/S, (2)       83,360
159,523   GlaxoSmithKline PLC       3,516,415
11,645   Kyowa Kirin Co Ltd       288,535
28   Lonza Group AG       19,049
7,174   Merck KGaA       1,559,354
3,701   NMC Health PLC, (2), (3)       5
10,407   Novo Nordisk A/S       1,028,737
12,071   Ramsay Health Care Ltd       534,005
4,648   Roche Holding AG       1,781,721
27,719   Ryman Healthcare Ltd       180,224
919   Sonova Holding AG       322,768
770   Straumann Holding AG       1,253,354
3,759   Sysmex Corp       353,308
    Total Health Care       19,684,383
    Industrials – 17.3%        
59,951   ABB Ltd       2,041,830
16,038   Adecco Group AG       754,831
587   Alstom SA       18,852
18,050   Ashtead Group PLC       1,270,412
471   Atlas Copco AB       23,762
23,561   Bouygues SA       823,787
138,745   Brambles Ltd       945,269
17      

Shares   Description (1)       Value
    Industrials (continued)        
47,564   CNH Industrial NV       $711,012
22,993   Dai Nippon Printing Co Ltd       548,160
7,959   Daikin Industries Ltd       1,645,677
15,999   Daimler Truck Holding AG, (2)       562,797
3,472   DCC PLC       289,088
23,235   East Japan Railway Co       1,319,591
4,659   Eiffage SA       484,461
3,779   Ferguson PLC       588,131
60,604   Komatsu Ltd       1,475,850
160,391   MTR Corp Ltd       865,972
5,559   MTU Aero Engines AG       1,165,628
74,878   Nibe Industrier AB       702,405
91,809   RELX PLC       2,796,085
2,923   Rentokil Initial PLC       20,322
8,831   Schneider Electric SE       1,478,597
7,435   Secom Co Ltd       521,628
34   SGS SA       95,860
13,095   Siemens AG       2,053,368
41,068   Smiths Group PLC       854,308
43,891   Sydney Airport, (2)       267,797
186   Teleperformance       69,516
227,725   Transurban Group       1,997,523
649   VAT Group AG, 144A       259,447
21,193   Vestas Wind Systems A/S       565,004
73,043   Volvo AB       1,629,638
11,836   Volvo AB       268,063
9,331   West Japan Railway Co       387,817
    Total Industrials       29,502,488
    Information Technology – 7.9%        
5,095   ASML Holding NV       3,393,770
583   Dassault Systemes SE       27,743
12,384   Fujitsu Ltd       1,614,300
11,049   Ibiden Co Ltd       604,111
8,340   Logitech International SA       687,588
23,891   Nomura Research Institute Ltd       821,075
1,436   Omron Corp       103,502
16,663   SAP SE       2,062,186
24,135   STMicroelectronics NV       1,115,762
60,077   Telefonaktiebolaget LM Ericsson       738,886
179   Temenos AG       21,158
      18

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Information Technology (continued)        
2,553   Tokyo Electron Ltd       $1,212,633
13,905   Xero Ltd, (2)       1,106,153
    Total Information Technology       13,508,867
    Materials – 7.7%        
7,772   Akzo Nobel NV       797,708
40,767   Antofagasta PLC       728,811
130,518   Asahi Kasei Corp       1,269,782
20,895   Boliden AB       836,104
14,486   Croda International PLC       1,549,370
82,796   Fortescue Metals Group Ltd       1,159,095
123   Givaudan SA       504,392
10,287   James Hardie Industries PLC       341,077
2,779   Mitsui Chemicals Inc       73,319
8,433   Nitto Denko Corp       647,707
37,589   Northern Star Resources Ltd       219,547
42,159   Orica Ltd       411,685
25,119   Smurfit Kappa Group PLC       1,310,774
155,462   Sumitomo Chemical Co Ltd       774,443
25,755   Sumitomo Metal Mining Co Ltd       1,173,029
144,565   Toray Industries Inc       909,734
12,513   Umicore SA       468,785
    Total Materials       13,175,362
    Real Estate – 2.5%        
2,726   British Land Co PLC       20,123
40,180   CapitaLand Integrated Commercial Trust       57,648
265,326   Capitaland Investment Ltd/Singapore, (2)       676,977
42,274   City Developments Ltd       220,413
39,301   Hulic Co Ltd       376,212
21,275   Klepierre SA       559,504
72,031   Lendlease Corp Ltd       503,942
12,271   Nomura Real Estate Holdings Inc       285,622
79,305   Scentre Group       163,153
121,143   Swire Properties Ltd       321,596
12,694   Unibail-Rodamco-Westfield, (2)       957,535
22,490   Vicinity Centres       25,828
902   Vonovia SE       50,941
    Total Real Estate       4,219,494
    Utilities – 2.5%        
7,776   Endesa SA       172,987
19      

Shares   Description (1)       Value
    Utilities (continued)        
151,521   National Grid PLC       $2,194,699
11,473   Orsted AS, 144A       1,208,266
7,048   Verbund AG       741,096
    Total Utilities       4,317,048
    Total Long-Term Investments (cost $163,857,899)       170,085,073
    Other Assets Less Liabilities – 0.4%       615,618
    Net Assets – 100%       $170,700,691
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $170,085,068 $ — $5 $170,085,073
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
      20

Nuveen ESG Large-Cap ETF (NULC)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 7.2%        
1   Cable One Inc       $1,545
2   Discovery Inc, (2)       56
3   Discovery Inc, (2)       82
34   Electronic Arts Inc       4,510
1,601   Liberty Global PLC, (2)       43,291
48   Liberty Global PLC, (2)       1,302
1,457   Match Group Inc, (2)       164,204
720   Netflix Inc, (2)       307,541
3,998   Pinterest Inc, Class A, (2)       118,181
7,575   Snap Inc, (2)       246,490
76   T-Mobile US Inc, (2)       8,221
5,743   Twitter Inc, (2)       215,420
7,513   Verizon Communications Inc       399,917
2   ViacomCBS Inc, Class B       67
3,782   Walt Disney Co, (2)       540,712
106   ZoomInfo Technologies Inc, (2)       5,603
    Total Communication Services       2,057,142
    Consumer Discretionary  – 10.4%        
4   Aptiv PLC, (2)       546
21   BorgWarner Inc       921
57   Darden Restaurants Inc       7,973
24   Domino's Pizza Inc       10,912
4   Etsy Inc, (2)       628
711   Hilton Worldwide Holdings Inc, (2)       103,173
903   Home Depot Inc       331,383
14   Lowe's Cos Inc       3,323
72   Lululemon Athletica Inc, (2)       24,031
2,057   McDonald's Corp       533,689
240   MercadoLibre Inc, (2)       271,694
21   Newell Brands Inc       487
2,397   NIKE Inc, Class B       354,924
3   Pool Corp       1,429
9   Ross Stores Inc       880
1,557   Target Corp       343,209
21      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
798   Tesla Inc, (2)       $747,503
3,497   TJX Cos Inc       251,679
3   Vail Resorts Inc       831
15   Yum! Brands Inc       1,877
    Total Consumer Discretionary       2,991,092
    Consumer Staples  – 7.7%        
2   Archer-Daniels-Midland Co       150
9,875   Coca-Cola Co       602,474
13   Colgate-Palmolive Co       1,072
17   General Mills Inc       1,168
29   Hormel Foods Corp       1,377
3,470   Keurig Dr Pepper Inc       131,686
4,941   Kroger Co       215,378
3,289   PepsiCo Inc       570,707
4,367   Procter & Gamble Co       700,685
    Total Consumer Staples       2,224,697
    Energy – 2.6%        
5,963   Baker Hughes Co       163,625
1,736   Cheniere Energy Inc       194,258
6,462   Halliburton Co       198,642
3,074   ONEOK Inc       186,530
    Total Energy       743,055
    Financials – 13.2%        
1,593   American Express Co       286,453
475   Bank of New York Mellon Corp       28,148
233   BlackRock Inc       191,745
7,056   Citigroup Inc       459,487
1,078   CME Group Inc       247,401
186   Huntington Bancshares Inc       2,801
124   Intercontinental Exchange Inc       15,706
42   Invesco Ltd       952
3,079   JPMorgan Chase & Co       457,539
43   KeyCorp       1,078
2,668   Marsh & McLennan Cos Inc, Class A       409,912
3,523   MetLife Inc       236,252
12   Moody's Corp       4,116
2,933   Morgan Stanley       300,750
2,073   PNC Financial Services Group Inc       427,017
6   Regions Financial Corp       138
      22

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
1,005   S&P Global Inc       $417,296
3   State Street Corp       283
11   T Rowe Price Group Inc       1,699
1,793   Travelers Cos Inc       297,961
244   Truist Financial Corp       15,328
    Total Financials       3,802,062
    Health Care – 13.1%        
2   ABIOMED Inc, (2)       592
2,183   Agilent Technologies Inc       304,136
488   Align Technology Inc, (2)       241,540
939   Amgen Inc       213,284
651   Anthem Inc       287,085
13   Baxter International Inc       1,111
123   Biogen Inc, (2)       27,798
623   BioMarin Pharmaceutical Inc, (2)       55,216
3,937   Bristol-Myers Squibb Co       255,472
44   Cerner Corp       4,013
432   Cigna Corp       99,559
1,690   Danaher Corp       482,985
1,025   DENTSPLY SIRONA Inc       54,756
8   Dexcom Inc, (2)       3,444
2,841   Edwards Lifesciences Corp, (2)       310,237
1,072   Eli Lilly & Co       263,058
502   Gilead Sciences Inc       34,477
1,055   HCA Inc       253,253
10   Hologic Inc, (2)       702
68   Humana Inc       26,690
128   IDEXX Laboratories Inc, (2)       64,934
139   Illumina Inc, (2)       48,486
3   Insulet Corp, (2)       744
27   Intuitive Surgical Inc, (2)       7,673
5   IQVIA Holdings Inc, (2)       1,225
3   Laboratory Corp of America Holdings, (2)       814
1,053   Merck & Co Inc       85,798
1   Mettler-Toledo International Inc, (2)       1,473
3   Novocure Ltd, (2)       206
6   Quest Diagnostics Inc       810
16   Regeneron Pharmaceuticals Inc, (2)       9,737
13   ResMed Inc       2,972
497   Teladoc Health Inc, (2)       38,125
23      

Shares   Description (1)       Value
    Health Care (continued)        
1,510   Vertex Pharmaceuticals Inc, (2)       $367,006
2   West Pharmaceutical Services Inc       786
1,055   Zoetis Inc       210,778
    Total Health Care       3,760,975
    Industrials – 9.3%        
2,093   3M Co       347,480
8   Allegion plc       982
2   AMERCO       1,218
3,800   Carrier Global Corp       181,184
937   Caterpillar Inc       188,862
2   CH Robinson Worldwide Inc       209
497   Copart Inc, (2)       64,237
11,899   CSX Corp       407,184
5   Cummins Inc       1,104
226   Deere & Co       85,067
996   Dover Corp       169,230
4   Eaton Corp PLC       634
19   Emerson Electric Co       1,747
21   Expeditors International of Washington Inc       2,404
2   Fastenal Co       113
1,272   Fortive Corp       89,727
983   Fortune Brands Home & Security Inc       92,569
176   Generac Holdings Inc, (2)       49,699
1,862   IHS Markit Ltd       217,463
4   Illinois Tool Works Inc       936
160   Johnson Controls International plc       11,627
378   Nordson Corp       87,900
591   Old Dominion Freight Line Inc       178,441
11   Owens Corning       976
13   Pentair PLC       828
80   Robert Half International Inc       9,061
836   Rockwell Automation Inc       241,788
538   Roper Technologies Inc       235,192
48   Verisk Analytics Inc       9,414
2   WW Grainger Inc       990
    Total Industrials       2,678,266
    Information Technology – 27.9%        
773   Adobe Inc, (2)       413,014
1,173   Akamai Technologies Inc, (2)       134,367
1,956   Applied Materials Inc       270,280
      24

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Information Technology (continued)        
317   Autodesk Inc, (2)       $79,184
1,395   Automatic Data Processing Inc       287,607
327   Cadence Design Systems Inc, (2)       49,750
3,001   Cisco Systems Inc       167,066
1,274   Cognex Corp       84,670
2   Fair Isaac Corp, (2)       990
9,406   Hewlett Packard Enterprise Co       153,600
8,653   HP Inc       317,825
10,677   Intel Corp       521,251
3,015   International Business Machines Corp       402,714
223   Intuit Inc       123,816
1,326   Keysight Technologies Inc, (2)       223,855
6,279   Microsoft Corp       1,952,643
35   NortonLifeLock Inc       910
24   Nuance Communications Inc, (2)       1,326
3,021   NVIDIA Corp       739,722
84   NXP Semiconductors NV       17,257
900   Okta Inc, (2)       178,101
5   ON Semiconductor Corp, (2)       295
498   PayPal Holdings Inc, (2)       85,626
1,978   salesforce.com Inc, (2)       460,142
1,475   Seagate Technology Holdings PLC       158,046
543   ServiceNow Inc, (2)       318,079
3   Synopsys Inc, (2)       932
2,551   Texas Instruments Inc       457,879
1,813   Trimble Inc, (2)       130,826
613   VMware Inc, Class A       78,758
385   Zebra Technologies Corp, Class A, (2)       196,011
    Total Information Technology       8,006,542
    Materials – 2.7%        
1,439   Amcor PLC       17,282
1,296   Ball Corp       125,842
247   DuPont de Nemours Inc       18,920
1,423   Ecolab Inc       269,587
2,578   Mosaic Co       102,991
366   Newmont Corp       22,388
1,202   PPG Industries Inc       187,753
282   Steel Dynamics Inc       15,657
    Total Materials       760,420
25      

Shares   Description (1)       Value
    Real Estate – 3.4%        
1,393   American Tower Corp       $350,340
429   Crown Castle International Corp       78,297
461   Equinix Inc       334,179
19   Iron Mountain Inc       872
1,023   Prologis Inc       160,427
6   Ventas Inc       318
427   Welltower Inc       36,991
    Total Real Estate       961,424
    Utilities – 2.3%        
2,497   Consolidated Edison Inc       215,866
820   Eversource Energy       73,382
2,309   Sempra Energy       319,011
1,362   UGI Corp       61,767
    Total Utilities       670,026
    Total Long-Term Investments (cost $23,838,703)       28,655,701
    Other Assets Less Liabilities – 0.2%       61,370
    Net Assets – 100%       $28,717,071
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
      26

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $28,655,701 $ — $ — $28,655,701
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
27      

Nuveen ESG Large-Cap Growth ETF (NULG)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 11.8%        
1,631   Cable One Inc       $2,519,455
36,097   Liberty Broadband Corp, (2)       5,357,156
97,333   Match Group Inc, (2)       10,969,429
32,067   Netflix Inc, (2)       13,697,098
241,698   Pinterest Inc, Class A, (2)       7,144,593
5,556   Roku Inc, (2)       911,462
233,083   Sirius XM Holdings Inc, (3)       1,482,408
192,999   Snap Inc, (2)       6,280,187
26,737   Take-Two Interactive Software Inc, (2)       4,367,222
126,167   T-Mobile US Inc, (2)       13,647,484
284,662   Twitter Inc, (2)       10,677,672
149,397   Walt Disney Co, (2)       21,359,289
82,350   ZoomInfo Technologies Inc, (2)       4,353,021
    Total Communication Services       102,766,476
    Consumer Discretionary  – 14.2%        
17,470   Aptiv PLC, (2)       2,386,053
1,447   AutoZone Inc, (2)       2,874,248
4,837   Booking Holdings Inc, (2)       11,880,301
10,505   Chewy Inc, Class A, (2), (3)       500,143
16,961   Domino's Pizza Inc       7,711,319
7,813   DoorDash Inc, (2)       886,697
11,740   Etsy Inc, (2)       1,844,119
9,916   Lululemon Athletica Inc, (2)       3,309,564
6,551   MercadoLibre Inc, (2)       7,416,125
118,163   NIKE Inc, Class B       17,496,395
8,536   O'Reilly Automotive Inc, (2)       5,563,338
6,186   Pool Corp       2,946,083
145,428   Starbucks Corp       14,298,481
42,343   Tesla Inc, (2)       39,663,535
15,125   Tractor Supply Co       3,301,939
577   Wayfair Inc, Class A, (2)       89,966
4,673   Yum! Brands Inc       584,919
    Total Consumer Discretionary       122,753,225
      28

Nuveen ESG Large-Cap Growth ETF (NULG) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Consumer Staples  – 2.2%        
36,984   Costco Wholesale Corp       $18,681,728
    Energy – 0.8%        
118,769   Baker Hughes Co       3,259,022
29,058   Cheniere Energy Inc       3,251,590
    Total Energy       6,510,612
    Financials – 3.8%        
5,086   American Express Co       914,564
8,685   FactSet Research Systems Inc       3,664,115
30,407   Moody's Corp       10,429,601
37,745   S&P Global Inc       15,672,479
4,507   SVB Financial Group, (2)       2,631,637
    Total Financials       33,312,396
    Health Care – 12.7%        
2,107   ABIOMED Inc, (2)       623,398
79,912   Agilent Technologies Inc       11,133,340
5,670   Align Technology Inc, (2)       2,806,423
1,952   Catalent Inc, (2)       202,871
13,179   Dexcom Inc, (2)       5,673,296
79,141   Edwards Lifesciences Corp, (2)       8,642,197
69,308   Eli Lilly & Co       17,007,490
3,917   Hologic Inc, (2)       275,130
10,219   IDEXX Laboratories Inc, (2)       5,184,099
15,330   Illumina Inc, (2)       5,347,411
17,817   Insulet Corp, (2)       4,418,616
2,308   Mettler-Toledo International Inc, (2)       3,398,945
10,000   Novocure Ltd, (2)       686,500
20,532   ResMed Inc       4,693,615
79,649   Vertex Pharmaceuticals Inc, (2)       19,358,690
3,705   Waters Corp, (2)       1,186,045
17,413   West Pharmaceutical Services Inc       6,847,140
65,167   Zoetis Inc       13,019,715
    Total Health Care       110,504,921
    Industrials – 7.4%        
16,650   Caterpillar Inc       3,355,974
21,257   Copart Inc, (2)       2,747,467
39,525   Deere & Co       14,877,210
12,606   Generac Holdings Inc, (2)       3,559,682
74,422   IHS Markit Ltd       8,691,745
31,176   Old Dominion Freight Line Inc       9,412,970
29      

Shares   Description (1)       Value
    Industrials (continued)        
26,704   Rockwell Automation Inc       $7,723,331
101,279   Rollins Inc       3,124,457
16,980   Roper Technologies Inc       7,422,977
23,190   Waste Management Inc       3,488,704
1,225   Xylem Inc/NY       128,649
    Total Industrials       64,533,166
    Information Technology – 42.5%        
40,636   Adobe Inc, (2)       21,711,815
9,525   ANSYS Inc, (2)       3,238,595
120,777   Applied Materials Inc       16,688,966
26,962   Autodesk Inc, (2)       6,734,838
37,039   Automatic Data Processing Inc       7,636,331
25,225   Black Knight Inc, (2)       1,881,785
58,464   Cadence Design Systems Inc, (2)       8,894,713
81,723   Cognex Corp       5,431,311
1,765   HubSpot Inc, (2)       862,732
29,583   Intuit Inc       16,425,369
73,204   Keysight Technologies Inc, (2)       12,358,299
16,397   Lam Research Corp       9,672,918
365,699   Microsoft Corp       113,725,075
23,259   Motorola Solutions Inc       5,394,692
90,966   Nuance Communications Inc, (2)       5,025,871
154,817   NVIDIA Corp       37,908,491
99,083   ON Semiconductor Corp, (2)       5,845,897
82,178   PayPal Holdings Inc, (2)       14,129,685
15,720   RingCentral Inc, Class A, (2)       2,774,423
67,895   salesforce.com Inc, (2)       15,794,414
27,726   ServiceNow Inc, (2)       16,241,336
40,227   Synopsys Inc, (2)       12,490,483
115,831   Trimble Inc, (2)       8,358,365
30,466   VMware Inc, Class A       3,914,272
14,176   Workday Inc, Class A, (2)       3,586,670
23,134   Zebra Technologies Corp, Class A, (2)       11,777,982
    Total Information Technology       368,505,328
    Materials – 2.8%        
49,260   Ball Corp       4,783,146
29,350   Ecolab Inc       5,560,357
49,501   Sherwin-Williams Co       14,182,532
    Total Materials       24,526,035
      30

Nuveen ESG Large-Cap Growth ETF (NULG) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Real Estate – 1.7%        
30,490   American Tower Corp       $7,668,235
10,051   Equinix Inc       7,285,970
    Total Real Estate       14,954,205
    Total Long-Term Investments (cost $808,148,381)       867,048,092
    
Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.1%      
    MONEY MARKET FUNDS  –  0.1%        
883,373   State Street Navigator Securities Lending Government Money Market Portfolio, (4) 0.050% (5)     $883,373
    Total Investments Purchased with Collateral from Securities Lending (cost $883,373)     883,373
    Total Investments (cost $809,031,754) – 100.0%       867,931,465
    Other Assets Less Liabilities – (0.0)%       (86,254)
    Net Assets – 100%       $867,845,211
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
31      

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $867,048,092 $ — $ — $867,048,092
Investments Purchased with Collateral from Securities Lending 883,373  —  — 883,373
Total $867,931,465 $ — $ — $867,931,465
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $892,313.  
(4) The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund.  
(5) The rate shown is the one-day yield as of the end of the reporting period.  
      32

Nuveen ESG Large-Cap Value ETF (NULV)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 4.5%        
298,935   Comcast Corp, Class A       $14,943,761
112,439   Discovery Inc, (2)       3,075,207
215,042   Interpublic Group of Cos Inc       7,642,593
493,745   Lumen Technologies Inc       6,102,688
26,326   Omnicom Group Inc       1,983,927
441,480   Verizon Communications Inc       23,499,980
26,448   ViacomCBS Inc, Class B       884,685
    Total Communication Services       58,132,841
    Consumer Discretionary  – 6.2%        
78,098   BorgWarner Inc       3,424,597
58,975   Hasbro Inc       5,454,008
93,162   Home Depot Inc       34,188,591
13,919   LKQ Corp       764,014
48,173   Lowe's Cos Inc       11,433,861
236,551   Newell Brands Inc       5,490,349
54,292   Target Corp       11,967,586
102,385   VF Corp       6,676,526
    Total Consumer Discretionary       79,399,532
    Consumer Staples  – 11.5%        
9,481   Archer-Daniels-Midland Co       711,075
49,509   Bunge Ltd       4,894,460
545,466   Coca-Cola Co       33,278,881
35,103   J M Smucker Co       4,934,780
436,069   Keurig Dr Pepper Inc       16,548,819
314,155   Kroger Co       13,694,016
184,372   PepsiCo Inc       31,992,229
259,829   Procter & Gamble Co       41,689,563
    Total Consumer Staples       147,743,823
    Energy – 3.3%        
331,962   Baker Hughes Co       9,109,037
548,418   Halliburton Co       16,858,369
274,866   ONEOK Inc       16,678,869
    Total Energy       42,646,275
33      

Shares   Description (1)       Value
    Financials – 19.3%        
557   Ameriprise Financial Inc       $169,501
104,642   Bank of New York Mellon Corp       6,201,085
10,455   BlackRock Inc       8,603,838
17,258   Cboe Global Markets Inc       2,045,591
366,373   Citigroup Inc       23,858,210
93,581   CME Group Inc       21,476,839
1,781   Discover Financial Services       206,151
739,772   Huntington Bancshares Inc       11,140,966
283,426   JPMorgan Chase & Co       42,117,103
127,817   Marsh & McLennan Cos Inc, Class A       19,637,804
303,138   MetLife Inc       20,328,434
248,722   Morgan Stanley       25,503,954
106,852   PNC Financial Services Group Inc       22,010,443
122,826   Progressive Corp       13,346,273
171,926   Prudential Financial Inc       19,181,784
221,684   Regions Financial Corp       5,085,431
128,378   Synchrony Financial       5,467,619
9,629   Travelers Cos Inc       1,600,147
6,180   Truist Financial Corp       388,228
    Total Financials       248,369,401
    Health Care – 16.4%        
88,307   Amgen Inc       20,058,052
40,389   Anthem Inc       17,811,145
135,000   Baxter International Inc       11,534,400
2,632   Biogen Inc, (2)       594,832
301,285   Boston Scientific Corp, (2)       12,925,127
375,461   Bristol-Myers Squibb Co       24,363,664
93,824   Cigna Corp       21,622,679
62,872   CVS Health Corp       6,696,497
65,479   Danaher Corp       18,713,243
123,943   DENTSPLY SIRONA Inc       6,621,035
257,110   Elanco Animal Health Inc, (2)       6,695,144
36,927   Exact Sciences Corp, (2)       2,819,746
67,691   Gilead Sciences Inc       4,649,018
59,375   HCA Inc       14,252,969
55,493   Merck & Co Inc       4,521,570
4,120   Royalty Pharma PLC, Class A       164,841
50,866   Stryker Corp       12,617,311
2,462   Teladoc Health Inc, (2)       188,860
37,312   Thermo Fisher Scientific Inc       21,689,466
      34

Nuveen ESG Large-Cap Value ETF (NULV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
137,989   Viatris Inc       $2,065,695
1,195   Zimmer Biomet Holdings Inc       147,009
    Total Health Care       210,752,303
    Industrials – 12.4%        
114,791   3M Co       19,057,602
6,080   AMERCO       3,702,416
100,048   Carrier Global Corp       4,770,289
100,230   Caterpillar Inc       20,202,359
14,994   CH Robinson Worldwide Inc       1,569,122
585,583   CSX Corp       20,038,650
22,734   Eaton Corp PLC       3,601,747
32,123   Emerson Electric Co       2,953,710
71,353   Expeditors International of Washington Inc       8,168,491
238,155   Howmet Aerospace Inc       7,404,239
84,330   IHS Markit Ltd       9,848,901
48,417   Illinois Tool Works Inc       11,325,704
207,876   Johnson Controls International plc       15,106,349
97,381   Knight-Swift Transportation Holdings Inc       5,509,817
2,056   Otis Worldwide Corp       175,644
203,553   Plug Power Inc, (2)       4,451,704
37,218   Robert Half International Inc       4,215,311
37,538   Roper Technologies Inc       16,410,112
5,338   Waste Management Inc       803,049
    Total Industrials       159,315,216
    Information Technology – 13.0%        
37,714   Accenture PLC, Class A       13,334,916
85,134   Automatic Data Processing Inc       17,552,077
326,741   Cisco Systems Inc       18,189,672
803,828   Hewlett Packard Enterprise Co       13,126,511
208,977   HP Inc       7,675,725
576,409   Intel Corp       28,140,288
194,162   International Business Machines Corp       25,934,218
53,889   NXP Semiconductors NV       11,070,956
698   Okta Inc, (2)       138,127
44,109   ON Semiconductor Corp, (2)       2,602,431
24,665   salesforce.com Inc, (2)       5,737,819
136,837   Texas Instruments Inc       24,560,873
    Total Information Technology       168,063,613
35      

Shares   Description (1)       Value
    Materials – 3.2%        
252,318   Amcor PLC       $3,030,339
32,998   DuPont de Nemours Inc       2,527,647
27,573   Ecolab Inc       5,223,705
34,516   International Flavors & Fragrances Inc       4,553,351
4,351   International Paper Co       209,936
207,198   Mosaic Co       8,277,560
112,576   PPG Industries Inc       17,584,371
    Total Materials       41,406,909
    Real Estate – 5.3%        
13,436   Alexandria Real Estate Equities Inc       2,617,870
48,393   American Tower Corp       12,170,840
11,488   Boston Properties Inc       1,287,575
32,642   CBRE Group Inc       3,307,940
58,504   Crown Castle International Corp       10,677,565
19,600   Iron Mountain Inc       900,032
153,206   Prologis Inc       24,025,765
155,944   Welltower Inc       13,509,429
    Total Real Estate       68,497,016
    Utilities – 4.7%        
186,765   Consolidated Edison Inc       16,145,834
195,208   Eversource Energy       17,469,164
151,169   Sempra Energy       20,885,509
129,191   UGI Corp       5,858,812
    Total Utilities       60,359,319
    Total Long-Term Investments (cost $1,150,268,001)       1,284,686,248
    Other Assets Less Liabilities – 0.2%       2,423,730
    Net Assets – 100%       $1,287,109,978
      36

Nuveen ESG Large-Cap Value ETF (NULV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $1,284,686,248 $ — $ — $1,284,686,248
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
37      

Nuveen ESG Mid-Cap Growth ETF (NUMG)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 6.5%        
189,801   AMC Entertainment Holdings Inc, Class A, (2)       $3,048,204
3,382   Cable One Inc       5,224,277
75,663   Live Nation Entertainment Inc, (2)       8,285,855
107,918   ZoomInfo Technologies Inc, (2)       5,704,545
    Total Communication Services       22,262,881
    Consumer Discretionary  – 11.0%        
842   Domino's Pizza Inc       382,815
40,428   Etsy Inc, (2)       6,350,430
16,199   Pool Corp       7,714,774
43,156   Tractor Supply Co       9,421,386
22,109   Ulta Beauty Inc, (2)       8,041,928
22,508   Vail Resorts Inc       6,236,967
    Total Consumer Discretionary       38,148,300
    Energy – 5.1%        
271,779   Baker Hughes Co       7,457,616
91,645   Cheniere Energy Inc       10,255,075
    Total Energy       17,712,691
    Financials – 3.3%        
102,986   Carlyle Group Inc       5,257,435
161   MarketAxess Holdings Inc       55,461
10,693   SVB Financial Group, (2)       6,243,643
    Total Financials       11,556,539
    Health Care – 20.5%        
3,179   ABIOMED Inc, (2)       940,571
95,967   BioMarin Pharmaceutical Inc, (2)       8,505,555
71,151   Catalent Inc, (2)       7,394,724
81,862   Exact Sciences Corp, (2)       6,250,982
86,287   Hologic Inc, (2)       6,060,799
29,534   Insulet Corp, (2)       7,324,432
7,113   Mettler-Toledo International Inc, (2)       10,475,173
13,154   Molina Healthcare Inc, (2)       3,820,974
64,902   Novocure Ltd, (2)       4,455,522
19,953   Waters Corp, (2)       6,387,354
      38

Nuveen ESG Mid-Cap Growth ETF (NUMG) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
23,431   West Pharmaceutical Services Inc       $9,213,538
    Total Health Care       70,829,624
    Industrials – 9.6%        
30,686   Allegion plc       3,766,093
23,628   Generac Holdings Inc, (2)       6,672,075
6,779   Lennox International Inc       1,922,660
33,338   Masco Corp       2,111,295
25,221   Old Dominion Freight Line Inc       7,614,976
162,326   Plug Power Inc, (2)       3,550,070
72,254   Xylem Inc/NY       7,588,115
    Total Industrials       33,225,284
    Information Technology – 37.9%        
23,802   ANSYS Inc, (2)       8,092,918
25,392   Bill.com Holdings Inc, (2)       4,779,028
77,074   Cadence Design Systems Inc, (2)       11,726,038
69,235   Ceridian HCM Holding Inc, (2)       5,249,398
79,185   Cognex Corp       5,262,635
32,391   Coupa Software Inc, (2)       4,349,140
95,314   Dropbox Inc, Class A, (2)       2,359,022
11,827   Fair Isaac Corp, (2)       5,854,247
14,147   HubSpot Inc, (2)       6,915,054
32,760   Keysight Technologies Inc, (2)       5,530,543
30,940   Okta Inc, (2)       6,122,717
121,144   ON Semiconductor Corp, (2)       7,147,496
20,248   Paycom Software Inc, (2)       6,789,154
58,050   PTC Inc, (2)       6,748,893
5,435   RingCentral Inc, Class A, (2)       959,223
49,083   Splunk Inc, (2)       6,082,365
19,933   Teledyne Technologies Inc, (2)       8,400,364
104,458   Trimble Inc, (2)       7,537,689
11,938   Tyler Technologies Inc, (2)       5,656,224
18,079   Zebra Technologies Corp, Class A, (2)       9,204,381
61,376   Zendesk Inc, (2)       6,046,150
    Total Information Technology       130,812,679
    Materials – 3.5%        
19,411   Avery Dennison Corp       3,987,408
82,351   Ball Corp       7,996,282
    Total Materials       11,983,690
39      

Shares   Description (1)       Value
    Real Estate – 2.5%        
30,887   Equity LifeStyle Properties Inc       $2,418,143
122,032   Zillow Group Inc, (2)       6,160,176
    Total Real Estate       8,578,319
    Total Long-Term Investments (cost $349,682,977)       345,110,007
    Other Assets Less Liabilities – 0.1%       245,163
    Net Assets – 100%       $345,355,170
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $345,110,007 $ — $ — $345,110,007
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
      40

Nuveen ESG Mid-Cap Value ETF (NUMV)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 4.4%        
13,294   Discovery Inc, (2), (3)       $371,035
105,472   Discovery Inc, (2)       2,884,659
115,094   Interpublic Group of Cos Inc       4,090,441
278,631   Lumen Technologies Inc       3,443,879
55,402   ViacomCBS Inc, Class B       1,853,197
    Total Communication Services       12,643,211
    Consumer Discretionary  – 11.4%        
11,823   Best Buy Co Inc       1,173,788
48,146   BorgWarner Inc       2,111,202
14,814   CarMax Inc, (2)       1,646,872
36,644   Darden Restaurants Inc       5,125,396
29,549   Genuine Parts Co       3,936,813
48,434   Hasbro Inc       4,479,176
1,695   Lear Corp       283,608
86,809   LKQ Corp       4,764,946
197,886   Newell Brands Inc       4,592,934
94,395   PulteGroup Inc       4,973,673
    Total Consumer Discretionary       33,088,408
    Consumer Staples  – 5.9%        
50,995   Bunge Ltd       5,041,366
27,849   Clorox Co       4,674,733
20,986   Kellogg Co       1,322,118
61,171   McCormick & Co Inc       6,136,063
    Total Consumer Staples       17,174,280
    Energy – 6.0%        
201,496   Baker Hughes Co       5,529,050
191,786   Halliburton Co       5,895,502
96,169   ONEOK Inc       5,835,535
    Total Energy       17,260,087
    Financials – 18.4%        
100,430   Ally Financial Inc       4,792,520
145,799   Annaly Capital Management Inc       1,151,812
40,226   Arthur J Gallagher & Co       6,353,294
24,781   Cboe Global Markets Inc       2,937,292
41      

Shares   Description (1)       Value
    Financials (continued)        
15,593   Discover Financial Services       $1,804,890
5,714   FactSet Research Systems Inc       2,410,679
31,381   First Republic Bank       5,447,428
78,007   Hartford Financial Services Group Inc       5,606,363
12,513   Huntington Bancshares Inc       188,446
69,848   Invesco Ltd       1,582,756
208,665   KeyCorp       5,229,145
67,447   Lincoln National Corp       4,719,941
75,098   Principal Financial Group Inc       5,486,660
11,719   Regions Financial Corp       268,834
8,224   SVB Financial Group, (2)       4,801,993
10,914   Synchrony Financial       464,827
    Total Financials       53,246,880
    Health Care – 6.0%        
756   DaVita Inc, (2)       81,928
34,832   Hologic Inc, (2)       2,446,600
27,072   Jazz Pharmaceuticals PLC, (2)       3,760,571
6,687   Laboratory Corp of America Holdings, (2)       1,814,584
9,433   Quest Diagnostics Inc       1,273,644
20,823   STERIS PLC       4,672,681
42,313   Teladoc Health Inc, (2)       3,245,830
    Total Health Care       17,295,838
    Industrials – 14.1%        
6,101   Allegion plc       748,776
115,105   Carrier Global Corp       5,488,206
16,701   CH Robinson Worldwide Inc       1,747,760
13,926   Dover Corp       2,366,167
985   Expeditors International of Washington Inc       112,763
76,076   Fastenal Co       4,311,988
37,585   Fortune Brands Home & Security Inc       3,539,379
21,556   IDEX Corp       4,644,025
34,630   Knight-Swift Transportation Holdings Inc       1,959,365
65,742   Masco Corp       4,163,441
32,477   Owens Corning       2,880,710
62,080   Pentair PLC       3,954,496
41,405   Robert Half International Inc       4,689,530
384   WW Grainger Inc       190,122
    Total Industrials       40,796,728
      42

Nuveen ESG Mid-Cap Value ETF (NUMV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Information Technology – 9.4%        
6,983   Akamai Technologies Inc, (2)       $799,903
10,030   Black Knight Inc, (2)       748,238
722   Guidewire Software Inc, (2)       72,806
338,257   Hewlett Packard Enterprise Co       5,523,737
121,105   NortonLifeLock Inc       3,149,941
5,611   Okta Inc, (2)       1,110,361
77,102   ON Semiconductor Corp, (2)       4,549,018
36,346   Seagate Technology Holdings PLC       3,894,474
22,294   Skyworks Solutions Inc       3,266,517
26,121   Splunk Inc, (2)       3,236,914
43,369   Western Union Co       820,108
    Total Information Technology       27,172,017
    Materials – 5.9%        
249,320   Amcor PLC       2,994,333
28,639   FMC Corp       3,160,886
11,072   Martin Marietta Materials Inc       4,308,337
63,391   Mosaic Co       2,532,471
44,998   Steel Dynamics Inc       2,498,289
33,446   Westrock Co       1,543,867
    Total Materials       17,038,183
    Real Estate – 13.0%        
30,162   Alexandria Real Estate Equities Inc       5,876,764
43,831   Boston Properties Inc       4,912,579
9,012   Camden Property Trust       1,442,731
33,977   CBRE Group Inc       3,443,229
61,435   Duke Realty Corp       3,549,714
152,024   Healthpeak Properties Inc       5,377,089
70,168   Iron Mountain Inc       3,222,115
96,604   Ventas Inc       5,121,944
166,355   VICI Properties Inc       4,761,080
    Total Real Estate       37,707,245
    Utilities – 5.4%        
51,563   Atmos Energy Corp       5,528,585
182,684   NiSource Inc       5,330,719
102,891   UGI Corp       4,666,107
    Total Utilities       15,525,411
    Total Long-Term Investments (cost $246,784,512)       288,948,288
    
43      

Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.0%      
    MONEY MARKET FUNDS  –  0.0%        
155,960   State Street Navigator Securities Lending Government Money Market Portfolio, (4) 0.050% (5)     $155,960
    Total Investments Purchased with Collateral from Securities Lending (cost $155,960)     155,960
    Total Investments (cost $246,940,472) – 99.9%       289,104,248
    Other Assets Less Liabilities – 0.1%       253,519
    Net Assets – 100%       $289,357,767
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $288,948,288 $ — $ — $288,948,288
Investments Purchased with Collateral from Securities Lending 155,960  —  — 155,960
Total $289,104,248 $ — $ — $289,104,248
      44

Nuveen ESG Mid-Cap Value ETF (NUMV) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $156,854.  
(4) The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund.  
(5) The rate shown is the one-day yield as of the end of the reporting period.  
45      

Nuveen ESG Small-Cap ETF (NUSC)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 2.2%        
20,938   Bandwidth Inc, Class A, (2)       $1,310,928
21,205   Cardlytics Inc, (2)       1,422,856
186,308   Clear Channel Outdoor Holdings Inc, (2)       570,102
61,239   Consolidated Communications Holdings Inc, (2)       440,308
153,831   Gannett Co Inc, (2)       747,619
364,239   Globalstar Inc, (2), (3)       389,736
22,373   Gogo Inc, (2), (3)       278,544
85,334   Gray Television Inc       1,779,214
13,032   Hemisphere Media Group Inc, (2)       84,578
22,145   iHeartMedia Inc, Class A, (2)       446,222
50,112   John Wiley & Sons Inc, Class A       2,543,184
22,483   New York Times Co       899,994
10,337   PubMatic Inc, Class A, (2)       253,773
68,128   Radius Global Infrastructure Inc, (2)       937,441
29,545   Scholastic Corp       1,211,936
86,845   TEGNA Inc       1,681,319
14,442   Vimeo Inc, (2)       211,575
15,188   WideOpenWest Inc, (2)       282,649
10,755   Yelp Inc, (2)       371,478
857,671   Zynga Inc, Class A, (2)       7,779,076
    Total Communication Services       23,642,532
    Consumer Discretionary  – 16.2%        
14,839   1-800-Flowers.com Inc, Class A, (2)       252,708
25,342   2U Inc, (2)       409,020
36,402   Aaron's Co Inc       770,630
84,273   Academy Sports & Outdoors Inc, (2)       3,278,220
20,584   American Public Education Inc, (2)       440,292
55,423   Arko Corp, (2)       455,577
40,878   Bright Horizons Family Solutions Inc, (2)       5,249,144
30,457   Caleres Inc       730,359
60,879   Callaway Golf Co, (2)       1,452,573
21,817   Camping World Holdings Inc, (3)       724,324
110,895   Canoo Inc, (2), (3)       678,677
19,231   Carriage Services Inc       967,704
      46

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Consumer Discretionary (continued)        
43,867   Carter's Inc       $4,084,895
2,556   Children's Place Inc, (2)       180,837
16,879   Columbia Sportswear Co       1,567,553
22,171   Crocs Inc, (2)       2,275,188
104,249   Dana Inc       2,258,033
5,794   Deckers Outdoor Corp, (2)       1,855,413
3,628   Dick's Sporting Goods Inc, (3)       418,671
23,766   Ethan Allen Interiors Inc       599,141
90,639   Foot Locker Inc       4,049,750
27,293   Franchise Group Inc       1,366,560
21,408   GameStop Corp, Class A, (2)       2,331,973
23,018   Gap Inc       415,935
4,544   Graham Holdings Co, Class B       2,704,225
9,090   Group 1 Automotive Inc       1,543,573
201,138   H&R Block Inc       4,598,015
215,409   Hanesbrands Inc       3,468,085
123,828   Harley-Davidson Inc       4,280,734
17,501   Helen of Troy Ltd, (2)       3,663,484
100,744   Hilton Grand Vacations Inc, (2)       4,922,352
143,654   Houghton Mifflin Harcourt Co, (2)       2,587,209
31,594   iRobot Corp, (2)       2,070,039
6,440   Johnson Outdoors Inc       581,017
40,558   Kohl's Corp       2,421,718
38,265   Kontoor Brands Inc       1,886,082
15,057   Lands' End Inc, (2)       275,995
16,030   LCI Industries       1,974,415
44,332   Leggett & Platt Inc       1,766,630
49,008   Leslie's Inc, (2)       1,020,837
128,060   Lordstown Motors Corp, Class A, (2)       384,180
14,693   Lovesac Co, (2)       791,218
160,579   Macy's Inc       4,110,822
23,528   Malibu Boats Inc, (2)       1,544,848
24,305   MarineMax Inc, (2)       1,143,793
19,308   Marriott Vacations Worldwide Corp       3,135,233
284,941   Mattel Inc, (2)       5,960,966
17,565   Modine Manufacturing Co, (2)       160,720
37,793   Monro Inc       1,879,446
17,454   Movado Group Inc       647,020
22,010   Murphy USA Inc       4,328,487
93,129   Nordstrom Inc, (2)       2,095,402
47      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
60,144   ODP Corp, (2)       $2,660,169
101,899   Petco Health & Wellness Co Inc, (2)       1,910,606
9,201   Planet Fitness Inc, Class A, (2)       815,577
25,148   PVH Corp       2,389,311
88,658   Quotient Technology Inc, (2)       630,358
39,675   Ralph Lauren Corp       4,397,577
65,593   RealReal Inc, (2)       619,854
25,125   Rent-A-Center Inc/TX       1,059,019
28,235   Revolve Group Inc, (2)       1,392,550
43,883   SeaWorld Entertainment Inc, (2)       2,614,549
171,371   Service Corp International/US       10,577,018
19,959   Signet Jewelers Ltd       1,719,069
41,790   Six Flags Entertainment Corp, (2)       1,650,287
5,752   Sleep Number Corp, (2)       411,268
32,716   Steven Madden Ltd       1,345,936
109,989   Tapestry Inc       4,174,083
135,597   Terminix Global Holdings Inc, (2)       5,849,655
40,714   Thor Industries Inc       3,851,137
76,880   Travel + Leisure Co       4,366,784
41,293   Tupperware Brands Corp, (2)       636,738
55,447   Victoria's Secret & Co, (2)       3,095,606
90,990   Wendy's Co       2,095,500
3,614   Williams-Sonoma Inc       580,192
25,908   Wingstop Inc       3,970,401
6,187   Wolverine World Wide Inc       163,894
123,639   Workhorse Group Inc, (2), (3)       417,900
57,419   WW International Inc, (2)       723,479
43,514   Wyndham Hotels & Resorts Inc       3,653,000
81,648   XL Fleet Corp, (2)       174,727
18,674   XPEL Inc, (2)       1,164,511
33,034   YETI Holdings Inc, (2)       2,166,370
    Total Consumer Discretionary       174,036,847
    Consumer Staples  – 4.1%        
9,738   Andersons Inc       371,018
7,140   Casey's General Stores Inc       1,340,963
38,715   Chefs' Warehouse Inc, (2)       1,155,256
161,113   Darling Ingredients Inc, (2)       10,274,176
50,246   Edgewell Personal Care Co       2,301,267
34,653   Freshpet Inc, (2)       3,223,769
53,278   Herbalife Nutrition Ltd, (2)       2,264,848
      48

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Consumer Staples (continued)        
35,087   Ingredion Inc       $3,322,739
97,340   Lamb Weston Holdings Inc       6,250,201
12,563   Medifast Inc       2,496,394
10,258   MGP Ingredients Inc       776,120
65,859   Performance Food Group Co, (2)       2,778,591
3,904   United Natural Foods Inc, (2)       151,397
189,925   US Foods Holding Corp, (2)       6,696,755
70,760   Veru Inc, (2)       367,952
19,207   Vital Farms Inc, (2)       317,492
    Total Consumer Staples       44,088,938
    Energy – 3.0%        
149,722   Archrock Inc       1,263,654
65,535   Cactus Inc       3,175,826
228,199   ChampionX Corp, (2)       5,111,658
190,809   Clean Energy Fuels Corp, (2)       1,158,211
52,417   Core Laboratories NV       1,397,961
75,422   Delek US Holdings Inc, (2)       1,170,549
20,916   DMC Global Inc, (2)       843,751
40,080   Dril-Quip Inc, (2)       1,013,623
442,078   NOV Inc       7,258,921
113,339   Oceaneering International Inc, (2)       1,476,807
56,746   Renewable Energy Group Inc, (2)       2,284,594
482,712   TechnipFMC PLC, (2)       3,132,801
79,281   Weatherford International PLC, (2)       2,378,430
    Total Energy       31,666,786
    Financials – 14.8%        
2,560   Affiliated Managers Group Inc       374,298
15,432   Amalgamated Financial Corp       262,498
23,980   Amerant Bancorp Inc       815,320
10,202   Ameris Bancorp       503,061
27,648   Artisan Partners Asset Management Inc       1,194,670
58,140   Bancorp Inc, (2)       1,733,735
7,922   Bank First Corp       554,461
41,800   Bank OZK       1,958,330
48,363   Berkshire Hills Bancorp Inc       1,431,061
34,798   BOK Financial Corp       3,568,535
27,210   Byline Bancorp Inc       707,460
5,402   Cathay General Bancorp       243,954
5,428   Comerica Inc       503,610
5,457   Commerce Bancshares Inc/MO       376,042
49      

Shares   Description (1)       Value
    Financials (continued)        
3,390   Community Trust Bancorp Inc       $149,804
29,764   Cowen Inc, Class A       942,923
6,669   Cullen/Frost Bankers Inc       940,396
807   Diamond Hill Investment Group Inc       150,707
34,229   Donnelley Financial Solutions Inc, (2)       1,274,003
36,301   East West Bancorp Inc       3,134,228
4,498   Employers Holdings Inc       175,872
13,585   Essent Group Ltd       620,019
10,395   Federal Agricultural Mortgage Corp       1,266,111
93,541   First American Financial Corp       6,969,740
59,359   First Busey Corp       1,654,929
10,838   First Financial Bancorp       273,226
512,145   First Horizon Corp       8,762,801
23,030   First of Long Island Corp       504,587
9,549   Flagstar Bancorp Inc       432,092
360,886   FNB Corp/PA       4,662,647
572,214   Genworth Financial Inc, Class A, (2)       2,231,635
15,573   Glacier Bancorp Inc       808,706
18,928   Green Dot Corp, Class A, (2)       600,207
97,865   Hancock Whitney Corp       5,159,443
83,947   Hannon Armstrong Sustainable Infrastructure Capital Inc       3,482,121
9,455   Hanover Insurance Group Inc       1,304,412
54,949   HarborOne Bancorp Inc       780,276
60,594   International Bancshares Corp       2,546,766
54,995   Janus Henderson Group PLC       2,029,315
33,297   Live Oak Bancshares Inc       1,959,861
26,845   LPL Financial Holdings Inc       4,625,930
18,797   Morningstar Inc       5,402,446
77,638   Mr Cooper Group Inc, (2)       3,117,166
17,915   Northwest Bancshares Inc       252,781
67,369   OceanFirst Financial Corp       1,529,276
9,879   Old National Bancorp/IN       181,082
99,536   Open Lending Corp, Class A, (2)       1,890,189
24,792   Origin Bancorp Inc       1,059,114
52,335   PennyMac Financial Services Inc       3,281,404
235,394   People's United Financial Inc       4,561,936
49,808   Pinnacle Financial Partners Inc       4,816,932
91,187   Popular Inc       8,131,145
36,821   Premier Financial Corp       1,099,107
32,708   Primerica Inc       5,048,153
      50

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
40,281   ProAssurance Corp       $965,133
4,705   PROG Holdings Inc, (2)       187,306
6,839   QCR Holdings Inc       390,097
19,419   Reinsurance Group of America Inc, Class A       2,229,884
4,947   S&T Bancorp Inc       152,417
13,953   Seacoast Banking Corp of Florida       509,284
17,165   Silvergate Capital Corp, Class A, (2)       1,849,357
278,559   SLM Corp       5,108,772
2,116   SouthState Corp       178,612
190,041   Starwood Property Trust Inc       4,703,515
20,214   State Auto Financial Corp       1,045,064
18,990   StoneX Group Inc, (2)       1,245,934
146,980   Synovus Financial Corp       7,313,725
56,662   TFS Financial Corp       984,785
31,769   TriState Capital Holdings Inc, (2)       1,003,583
35,297   Trupanion Inc, (2)       3,362,039
213,693   Valley National Bancorp       2,974,606
17,762   Victory Capital Holdings Inc       580,284
14,444   Voya Financial Inc       981,614
75   Webster Financial Corp       4,261
28,641   Western Alliance Bancorp       2,840,901
54,182   Wintrust Financial Corp       5,313,629
46,963   Zions Bancorp NA       3,185,031
    Total Financials       159,150,356
    Health Care – 11.6%        
49,644   1Life Healthcare Inc, (2)       554,027
38,830   Accelerate Diagnostics Inc, (2), (3)       129,304
40,320   Accolade Inc, (2)       770,112
18,959   Achillion Pharmaceuticals Inc, (4)       8,721
51,067   Aclaris Therapeutics Inc, (2)       557,652
88,693   AdaptHealth Corp, (2)       1,676,298
49,073   Aerie Pharmaceuticals Inc, (2)       361,177
40,572   Agios Pharmaceuticals Inc, (2)       1,253,269
13,184   Alder Biopharmaceuticals Inc, (2), (4)       11,602
59,467   Alector Inc, (2)       943,147
27,934   Aligos Therapeutics Inc, (2)       89,109
79,246   Allogene Therapeutics Inc, (2)       907,367
44,904   Allscripts Healthcare Solutions Inc, (2)       907,959
36,946   Alphatec Holdings Inc, (2)       382,022
9,708   ALX Oncology Holdings Inc, (2)       155,328
51      

Shares   Description (1)       Value
    Health Care (continued)        
806   Amedisys Inc, (2)       $108,891
35,813   AMN Healthcare Services Inc, (2)       3,629,289
18,300   AnaptysBio Inc, (2)       585,051
64,200   Anavex Life Sciences Corp, (2)       839,736
43,081   AngioDynamics Inc, (2)       931,842
167,805   Antares Pharma Inc, (2)       565,503
20,294   Applied Therapeutics Inc, (2)       62,506
18,528   Apria Inc, (2)       693,132
15,156   Arcturus Therapeutics Holdings Inc, (2)       396,026
27,835   Arcutis Biotherapeutics Inc, (2)       420,587
65,404   Arena Pharmaceuticals Inc, (2)       6,015,860
30,167   Arrowhead Pharmaceuticals Inc, (2)       1,591,611
7,399   Artivion Inc, (2)       131,702
18,344   Arvinas Inc, (2)       1,311,413
56,174   Aspira Women's Health Inc, (2), (3)       67,971
51,023   Atara Biotherapeutics Inc, (2)       783,713
18,343   Atea Pharmaceuticals Inc, (2)       130,969
7,676   AtriCure Inc, (2)       503,853
17,180   Avanos Medical Inc, (2)       519,867
41,299   Axogen Inc, (2)       359,714
20,017   Axsome Therapeutics Inc, (2), (3)       549,266
21,657   Beam Therapeutics Inc, (2)       1,498,881
21,269   BioAtla Inc, (2)       203,332
114,222   BioCryst Pharmaceuticals Inc, (2)       1,764,730
84,530   BioDelivery Sciences International Inc, (2)       309,380
220,748   Bionano Genomics Inc, (2), (3)       490,061
21,581   Bioxcel Therapeutics Inc, (2)       364,719
74,961   Bluebird Bio Inc, (2)       591,442
14,952   Bolt Biotherapeutics Inc, (2), (3)       57,416
33,790   Bridgebio Pharma Inc, (2)       333,507
97,899   Brookdale Senior Living Inc, (2)       517,886
18,539   Cassava Sciences Inc, (2), (3)       820,351
49,495   Cerevel Therapeutics Holdings Inc, (2)       1,288,850
50,019   ChemoCentryx Inc, (2)       1,345,011
66,615   Chimerix Inc, (2)       380,372
35,027   Collegium Pharmaceutical Inc, (2)       625,232
7,330   Computer Programs and Systems Inc, (2)       207,586
1,658   CONMED Corp       228,108
17,898   Cortexyme Inc, (2)       108,820
11,033   CorVel Corp, (2)       1,943,132
      52

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
85,227   Covetrus Inc, (2)       $1,540,052
31,777   CryoPort Inc, (2)       1,327,325
18,053   Cullinan Oncology Inc, (2)       243,354
79,171   Curis Inc, (2)       252,555
41,567   Denali Therapeutics Inc, (2)       1,422,423
88,370   Dynavax Technologies Corp, (2)       1,146,159
26,733   Dyne Therapeutics Inc, (2)       198,359
27,258   Ensign Group Inc       2,056,071
32,343   Envista Holdings Corp, (2)       1,398,511
28,196   Essa Pharma Inc, (2)       262,505
21,408   Establishment Labs Holdings Inc, (2)       1,120,495
90,304   FibroGen Inc, (2)       1,362,687
12,829   Fulgent Genetics Inc, (2), (3)       819,388
32,329   G1 Therapeutics Inc, (2)       325,876
9,099   Glaukos Corp, (2)       484,431
30,493   Globus Medical Inc, (2)       2,034,798
29,655   Haemonetics Corp, (2)       1,433,819
18,954   Harmony Biosciences Holdings Inc, (2)       679,690
11,371   Heska Corp, (2)       1,564,422
86,773   Hims & Hers Health Inc, (2)       423,452
36,162   Homology Medicines Inc, (2)       134,523
55,754   Humanigen Inc, (2), (3)       143,845
5,845   IGM Biosciences Inc, (2)       103,456
46,897   Immunovant Inc, (2)       327,810
7,821   Inari Medical Inc, (2)       575,313
10,115   Inogen Inc, (2)       300,719
85,574   Inovio Pharmaceuticals Inc, (2)       354,276
28,189   Intersect ENT Inc, (2)       772,379
22,550   iRhythm Technologies Inc, (2)       2,814,916
15,973   Joint Corp, (2)       863,181
14,710   Kiniksa Pharmaceuticals Ltd, (2)       165,193
12,737   Kinnate Biopharma Inc, (2)       139,852
19,806   Kronos Bio Inc, (2)       180,235
16,187   Krystal Biotech Inc, (2)       955,033
62,488   Kura Oncology Inc, (2)       880,456
1,857   LivaNova PLC, (2)       139,479
30,000   MacroGenics Inc, (2)       370,500
5,556   MEDNAX Inc, (2)       135,844
23,666   Meridian Bioscience Inc, (2)       493,436
37,254   Merit Medical Systems Inc, (2)       2,065,734
53      

Shares   Description (1)       Value
    Health Care (continued)        
58,938   Mersana Therapeutics Inc, (2)       $281,134
30,815   Merus NV, (2)       758,357
24,393   Mirati Therapeutics Inc, (2)       2,910,085
5,891   ModivCare Inc, (2)       682,944
14,290   National Research Corp       594,464
33,783   Natus Medical Inc, (2)       778,360
77,792   NeoGenomics Inc, (2)       1,753,432
7,673   NGM Biopharmaceuticals Inc, (2)       121,310
116,710   Nuvation Bio Inc, (2)       711,931
188,170   Ocugen Inc, (2), (3)       668,003
476,791   OPKO Health Inc, (2)       1,492,356
83,298   Ortho Clinical Diagnostics Holdings PLC, (2)       1,446,053
30,782   Owens & Minor Inc       1,295,614
31,955   Passage Bio Inc, (2)       160,734
38,908   Patterson Cos Inc       1,116,271
22,992   Pennant Group Inc, (2)       382,127
6,716   Penumbra Inc, (2)       1,517,883
56,779   Perrigo Co PLC       2,161,577
27,298   PetIQ Inc, (2), (3)       557,971
15,805   Phathom Pharmaceuticals Inc, (2), (3)       265,524
14,082   Pliant Therapeutics Inc, (2)       165,182
13,180   PMV Pharmaceuticals Inc, (2), (3)       211,671
24,893   Praxis Precision Medicines Inc, (2)       369,910
24,656   Precision BioSciences Inc, (2)       117,609
14,178   Prelude Therapeutics Inc, (2)       140,788
48,485   Progyny Inc, (2)       1,963,642
23,942   Prothena Corp PLC, (2)       815,943
31,024   Provention Bio Inc, (2)       166,289
21,875   Pulmonx Corp, (2)       532,656
17,135   Quidel Corp, (2)       1,771,074
141,321   R1 RCM Inc, (2)       3,360,613
13,087   Reata Pharmaceuticals Inc, (2)       368,006
7,949   Relmada Therapeutics Inc, (2)       146,182
15,948   Repligen Corp, (2)       3,163,126
13,459   Revance Therapeutics Inc, (2)       179,408
38,140   Rhythm Pharmaceuticals Inc, (2)       282,617
34,843   Rocket Pharmaceuticals Inc, (2)       579,788
43,636   Rubius Therapeutics Inc, (2)       294,543
18,012   Scholar Rock Holding Corp, (2)       320,794
34,525   Seer Inc, (2), (3)       543,078
      54

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
422,149   Senseonics Holdings Inc, (2), (3)       $1,131,359
16,549   Shattuck Labs Inc, (2)       114,354
11,381   Shockwave Medical Inc, (2)       1,649,904
27,242   Signify Health Inc, Class A, (2)       363,136
10,496   Simulations Plus Inc       446,290
1,439   STAAR Surgical Co, (2)       104,644
8,872   Surgery Partners Inc, (2)       378,568
27,542   Sutro Biopharma Inc, (2)       294,149
20,012   Taysha Gene Therapies Inc, (2)       159,095
15,710   Tivity Health Inc, (2)       399,662
27,717   TransMedics Group Inc, (2)       439,869
15,778   Ultragenyx Pharmaceutical Inc, (2)       1,103,356
32,473   uniQure NV, (2)       586,138
44,349   Varex Imaging Corp, (2)       1,157,509
56,675   Vir Biotechnology Inc, (2)       1,945,653
35,944   Vocera Communications Inc, (2)       2,839,935
23,246   XBiotech Inc       250,359
44,600   Xenon Pharmaceuticals Inc, (2)       1,209,552
1,102,836   Zomedica Corp, (2)       343,313
35,042   Zymeworks Inc, (2)       311,874
    Total Health Care       124,374,732
    Industrials – 17.1%        
24,526   AAON Inc       1,575,795
24,103   Acuity Brands Inc       4,616,448
173,944   ADT Inc       1,320,235
22,897   Advanced Drainage Systems Inc       2,589,422
34,831   AECOM       2,407,867
91,212   Allison Transmission Holdings Inc       3,465,144
11,295   ArcBest Corp       998,930
2,536   Armstrong World Industries Inc       251,115
26,793   ASGN Inc, (2)       3,077,712
26,108   Atkore Inc, (2)       2,813,920
41,920   Axon Enterprise Inc, (2)       5,865,866
43,037   Blink Charging Co, (2), (3)       899,904
44,366   Boise Cascade Co       3,115,381
38,084   Builders FirstSource Inc, (2)       2,589,331
23,673   Carlisle Cos Inc       5,289,495
32,134   Columbus McKinnon Corp/NY       1,390,760
22,635   Comfort Systems USA Inc       2,032,170
54,831   Cornerstone Building Brands Inc, (2)       808,757
55      

Shares   Description (1)       Value
    Industrials (continued)        
14,915   Curtiss-Wright Corp       $1,980,563
6,258   EMCOR Group Inc       746,016
41,043   Energy Recovery Inc, (2)       803,622
21,781   EnPro Industries Inc       2,287,441
68,149   Evoqua Water Technologies Corp, (2)       2,760,034
97,898   Flowserve Corp       3,193,433
1,805   Franklin Electric Co Inc       156,674
34,953   FTI Consulting Inc, (2)       5,096,497
36,851   GATX Corp       3,849,087
43,660   GMS Inc, (2)       2,234,519
71,107   Great Lakes Dredge & Dock Corp, (2)       973,455
54,906   GXO Logistics Inc, (2)       4,458,916
84,133   Healthcare Services Group Inc       1,530,379
15,506   Hexcel Corp, (2)       808,948
9,263   Hubbell Inc       1,734,867
106,056   Hyliion Holdings Corp, (2)       471,949
7,794   Hyster-Yale Materials Handling Inc       349,873
8,332   IAA Inc, (2)       382,689
3,172   ICF International Inc       299,405
36,507   Kelly Services Inc       623,540
28,809   Korn Ferry       1,912,341
15,236   Kratos Defense & Security Solutions Inc, (2)       255,355
5,180   Landstar System Inc       828,800
8,522   Lindsay Corp       1,075,902
30,837   Luxfer Holdings PLC       526,696
38,467   Manitowoc Co Inc, (2)       702,023
16,744   ManpowerGroup Inc       1,755,943
32,079   MasTec Inc, (2)       2,762,964
35,679   Matthews International Corp, Class A       1,253,046
70,987   Maxar Technologies Inc       1,846,372
27,363   McGrath RentCorp       2,085,334
54,353   Mercury Systems Inc, (2)       3,093,773
71,625   MillerKnoll Inc       2,766,157
23,532   Montrose Environmental Group Inc, (2)       1,077,060
5,025   Moog Inc, Class A       383,106
87,444   MRC Global Inc, (2)       647,960
13,160   MSA Safety Inc       1,808,184
106,713   Mueller Water Products Inc       1,371,262
18,957   MYR Group Inc, (2)       1,782,527
384,650   Nielsen Holdings PLC       7,254,499
      56

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
1,645   Oshkosh Corp       $187,217
72,514   PAE Inc, (2)       725,865
192,576   Pitney Bowes Inc       1,186,268
59,169   Primoris Services Corp       1,521,827
24,428   Proto Labs Inc, (2)       1,225,797
9,915   Quanta Services Inc       1,018,469
40,559   Rekor Systems Inc, (2)       188,599
75,642   Resideo Technologies Inc, (2)       1,874,409
60,699   Ryder System Inc       4,442,560
9,270   Saia Inc, (2)       2,635,276
8,934   Schneider National Inc, Class B       228,710
40,289   SiteOne Landscape Supply Inc, (2)       7,256,855
95,517   Steelcase Inc, Class A       1,178,680
8,620   Sterling Construction Co Inc, (2)       219,034
21,037   Tennant Co       1,623,425
70,157   Toro Co       6,775,763
56,568   Trex Co Inc, (2)       5,174,275
21,471   TriNet Group Inc, (2)       1,829,329
76,112   Triton International Ltd       4,598,687
39,970   TrueBlue Inc, (2)       1,063,202
8,382   Valmont Industries Inc       1,820,822
11,070   Vectrus Inc, (2)       509,331
15,736   Veritiv Corp, (2)       1,464,707
129,154   Virgin Galactic Holdings Inc, (2), (3)       1,188,217
10,850   Watts Water Technologies Inc       1,662,328
152,571   Welbilt Inc, (2)       3,623,561
40,172   WESCO International Inc, (2)       4,896,565
191,760   WillScot Mobile Mini Holdings Corp, (2)       7,102,790
26,081   Zurn Water Solutions Corp       796,514
    Total Industrials       183,058,545
    Information Technology – 14.6%        
118,989   ACI Worldwide Inc, (2)       4,089,652
18,042   ADTRAN Inc       346,587
52,306   Altair Engineering Inc, (2)       3,291,094
5,847   Appian Corp, (2)       329,595
14,249   Aspen Technology Inc, (2)       2,139,630
49,277   Avaya Holdings Corp, (2)       897,827
6,397   Avnet Inc       258,183
15,699   Badger Meter Inc       1,588,268
5,938   Benchmark Electronics Inc       143,343
57      

Shares   Description (1)       Value
    Information Technology (continued)        
50,588   Bottomline Technologies DE Inc, (2)       $2,852,657
41,052   Box Inc, Class A, (2)       1,072,689
74,738   BTRS Holdings Inc, (2)       478,323
111,979   CDK Global Inc       4,811,738
23,461   Cerence Inc, (2)       1,489,539
6,548   Ciena Corp, (2)       434,198
7,129   Cirrus Logic Inc, (2)       637,618
5,487   Coherent Inc, (2)       1,418,280
84,638   CommScope Holding Co Inc, (2)       794,751
10,872   CommVault Systems Inc, (2)       733,425
48,481   Concentrix Corp       9,744,196
35,848   CSG Systems International Inc       2,035,091
19,372   CTS Corp       649,931
80,227   Diebold Nixdorf Inc, (2)       749,320
57,314   Dolby Laboratories Inc, Class A       5,035,035
1,805   Domo Inc, Class B, (2)       84,763
34,638   Duck Creek Technologies Inc, (2)       885,001
169,397   E2open Parent Holdings Inc, (2)       1,575,392
6,900   Elastic NV, (2)       643,425
30,490   ePlus Inc, (2)       1,401,625
68,923   EVERTEC Inc       3,007,800
37,803   ExlService Holdings Inc, (2)       4,556,018
2,112   FARO Technologies Inc, (2)       114,703
59,878   First Solar Inc, (2)       4,693,238
26,115   Five9 Inc, (2)       3,282,655
64,030   Flex Ltd, (2)       1,036,005
60,129   Harmonic Inc, (2)       646,988
11,695   Ichor Holdings Ltd, (2)       496,102
39,380   Insight Enterprises Inc, (2)       3,707,627
34,577   InterDigital Inc       2,386,850
48,377   Itron Inc, (2)       2,999,374
39,964   Jamf Holding Corp, (2)       1,321,210
27,798   Kimball Electronics Inc, (2)       550,122
47,736   Kulicke & Soffa Industries Inc       2,610,682
9,947   LivePerson Inc, (2)       297,117
34,636   Lumentum Holdings Inc, (2)       3,514,861
4,816   Manhattan Associates Inc, (2)       644,718
42,847   Methode Electronics Inc       1,886,553
42,808   MicroVision Inc, (2)       145,975
20,712   Mimecast Ltd, (2)       1,650,954
      58

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Information Technology (continued)        
16,133   Model N Inc, (2)       $446,239
49,376   N-able Inc, (2)       551,036
34,123   National Instruments Corp       1,406,550
2,256   nCino OpCo Inc, (2)       103,392
20,920   New Relic Inc, (2)       2,199,529
7,470   Novanta Inc, (2)       1,031,607
61,367   Nutanix Inc, (2)       1,677,774
51,366   Onto Innovation Inc, (2)       4,702,044
12,751   OSI Systems Inc, (2)       1,057,568
27,729   PAR Technology Corp, (2)       1,039,837
4,965   Paylocity Holding Corp, (2)       1,012,761
44,851   Plantronics Inc, (2)       1,195,279
6,506   Plexus Corp, (2)       504,345
47,137   Progress Software Corp       2,145,205
25,183   PROS Holdings Inc, (2)       697,821
12,500   Rackspace Technology Inc, (2)       156,375
122,356   Rambus Inc, (2)       3,089,489
107,155   Ribbon Communications Inc, (2)       482,197
4,035   Rogers Corp, (2)       1,101,353
9,373   ShotSpotter Inc, (2)       247,166
19,249   Sprout Social Inc, Class A, (2)       1,325,294
38,015   SPS Commerce Inc, (2)       4,708,158
18,146   Synaptics Inc, (2)       3,817,011
18,472   Telos Corp, (2)       215,938
87,365   Teradata Corp, (2)       3,524,304
21,228   TTEC Holdings Inc       1,700,151
20,071   Universal Display Corp       3,081,099
75,567   Upwork Inc, (2)       2,055,422
33,426   Veeco Instruments Inc, (2)       918,881
22,979   Viavi Solutions Inc, (2)       378,234
4,944   Vishay Precision Group Inc, (2)       158,356
106,231   Vontier Corp       2,986,153
47,526   WEX Inc, (2)       7,650,735
58,237   Wolfspeed Inc, (2)       5,488,255
171,521   Xerox Holdings Corp       3,620,808
    Total Information Technology       156,637,094
    Materials – 4.7%        
6,393   AptarGroup Inc       749,899
102,790   Avient Corp       5,115,858
154,451   Axalta Coating Systems Ltd, (2)       4,573,294
59      

Shares   Description (1)       Value
    Materials (continued)        
1,205   Balchem Corp       $177,063
18,403   Clearwater Paper Corp, (2)       581,903
81,716   Coeur Mining Inc, (2)       383,248
22,538   Commercial Metals Co       753,671
38,455   Compass Minerals International Inc       2,053,497
2,759   HB Fuller Co       198,013
16,492   Ingevity Corporation, (2)       1,086,988
27,760   Innospec Inc       2,580,570
23,733   Koppers Holdings Inc, (2)       709,142
70,195   Louisiana-Pacific Corp       4,663,756
23,084   Materion Corp       1,912,509
37,647   Minerals Technologies Inc       2,634,160
32,608   Ranpak Holdings Corp, (2)       875,851
47,036   Reliance Steel & Aluminum Co       7,190,864
10,625   Royal Gold Inc       1,078,969
9,856   Ryerson Holding Corp       202,048
22,127   Schnitzer Steel Industries Inc       866,051
33,334   Sensient Technologies Corp       2,824,723
9,869   Stepan Co       1,087,169
33,149   Trinseo PLC       1,774,797
204,197   Valvoline Inc       6,726,249
    Total Materials       50,800,292
    Real Estate – 9.7%        
62,042   Acadia Realty Trust       1,227,811
79,299   Alexander & Baldwin Inc       1,819,912
109,796   Brandywine Realty Trust       1,411,977
70,932   Brixmor Property Group Inc       1,798,835
54,296   CatchMark Timber Trust Inc       445,227
90,414   Cousins Properties Inc       3,486,364
89,060   CyrusOne Inc       8,002,041
72,433   Douglas Emmett Inc       2,261,358
101,750   Easterly Government Properties Inc       2,133,697
165,179   Empire State Realty Trust Inc       1,473,397
16,720   Federal Realty Investment Trust       2,131,633
64,802   Five Point Holdings LLC, Class A, (2)       375,204
5,561   Healthcare Realty Trust Inc       172,502
5,285   Highwoods Properties Inc       227,889
6,368   Howard Hughes Corp, (2)       613,302
63,034   Hudson Pacific Properties Inc       1,489,493
5,644   iStar Inc       121,177
      60

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
Shares   Description (1)       Value
    Real Estate (continued)        
134,189   JBG SMITH Properties       $3,676,779
142,037   Kennedy-Wilson Holdings Inc       3,190,151
118,118   Kilroy Realty Corp       7,559,552
205,649   Kimco Realty Corp       4,989,045
89,325   Kite Realty Group Trust       1,865,106
14,000   Life Storage Inc       1,889,300
276,580   LXP Industrial Trust       4,118,276
133,886   Macerich Co       2,214,474
17,484   Marcus & Millichap Inc, (2)       818,426
137,917   MGM Growth Properties LLC       5,362,213
72,071   Outfront Media Inc       1,790,244
266,580   Park Hotels & Resorts Inc, (2)       4,851,756
98,957   Piedmont Office Realty Trust Inc       1,757,476
75,763   PotlatchDeltic Corp       4,075,292
159,796   Rayonier Inc       5,838,946
91,532   Realogy Holdings Corp, (2)       1,510,278
59,706   Rexford Industrial Realty Inc       4,368,688
27,245   SITE Centers Corp       403,498
65,070   SL Green Realty Corp       4,718,876
36,590   St Joe Co       1,774,981
23,414   Tejon Ranch Co, (2)       407,638
262,433   Uniti Group Inc       3,164,942
95,072   Washington Real Estate Investment Trust       2,340,673
128,682   Xenia Hotels & Resorts Inc, (2)       2,231,346
    Total Real Estate       104,109,775
    Utilities – 1.9%        
87,574   Clearway Energy Inc       2,949,492
37,286   Clearway Energy Inc       1,150,273
108,587   New Jersey Resources Corp       4,366,283
86,552   NextEra Energy Partners LP       6,510,442
39,401   ONE Gas Inc       3,068,944
94,784   Sunnova Energy International Inc, (2)       1,863,454
    Total Utilities       19,908,888
    Total Long-Term Investments (cost $1,002,841,107)       1,071,474,785
    
61      

Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.7%      
    MONEY MARKET FUNDS  –  0.7%        
7,037,767   State Street Navigator Securities Lending Government Money Market Portfolio, (5) 0.050% (6)     $7,037,767
    Total Investments Purchased with Collateral from Securities Lending (cost $7,037,767)     7,037,767
    Total Investments (cost $1,009,878,874) – 100.6%       1,078,512,552
    Other Assets Less Liabilities – (0.6)%       (6,226,860)
    Net Assets – 100%       $1,072,285,692
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $1,071,454,462 $ — $20,323 $1,071,474,785
Investments Purchased with Collateral from Securities Lending 7,037,767  —  — 7,037,767
Total $1,078,492,229 $ — $20,323 $1,078,512,552
      62

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2022
(Unaudited)
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $7,436,968.  
(4) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(5) The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund.  
(6) The rate shown is the one-day yield as of the end of the reporting period.  
63