Clough Select Equity ETF
|
Schedule of Investments
|
January 31, 2024 (Unaudited)
|
COMMON STOCKS - 98.8%
|
Shares
|
Value
|
||||
Banking - 5.6%
|
||||||
ICICI Bank, Ltd. - ADR
|
12,238
|
$ |
298,607
|
|||
NU Holdings, Ltd. - Class A(a)
|
34,180
|
294,290
|
||||
Total Banking
|
592,897
|
|||||
Consumer Discretionary Products - 2.9%
|
||||||
Skyline Champion Corp.(a)
|
4,429
|
303,298
|
||||
Total Consumer Discretionary Products
|
303,298
|
|||||
Consumer Discretionary Services - 16.2%
|
||||||
Arcos Dorados Holdings, Inc. - Class A
|
23,190
|
287,092
|
||||
Bowlero Corp. – Class A(a)
|
24,328
|
262,986
|
||||
Carnival Corp.(a)
|
12,600
|
208,908
|
||||
DraftKings, Inc. - Class A(a)
|
8,650
|
337,782
|
||||
OneSpaWorld Holdings, Ltd.(a)
|
23,876
|
325,430
|
||||
Service Corp. International
|
4,074
|
273,447
|
||||
Total Consumer Discretionary Services
|
1,695,645
|
|||||
Health Care - 15.7%
|
||||||
Eli Lilly & Co.
|
366
|
236,293
|
||||
Humacyte, Inc.(a)
|
107,081
|
355,508
|
||||
Merck & Co., Inc.
|
1,949
|
235,400
|
||||
Progyny, Inc.(a)
|
5,452
|
207,667
|
||||
Roivant Sciences, Ltd.(a)
|
25,932
|
259,320
|
||||
TransMedics Group, Inc.(a)
|
3,882
|
332,959
|
||||
Total Health Care
|
1,627,147
|
|||||
Industrial Products - 7.3%
|
||||||
Blue Bird Corp.(a)
|
10,673
|
310,905
|
||||
Northrop Grumman Corp.
|
528
|
235,889
|
||||
RTX Corp.
|
2,310
|
210,487
|
||||
Total Industrial Products
|
757,281
|
|||||
Industrial Services - 7.9%
|
||||||
Ferguson PLC
|
1,193
|
224,117
|
||||
Rollins, Inc.
|
7,165
|
310,316
|
||||
Sterling Infrastructure, Inc.(a)
|
3,716
|
279,072
|
||||
Total Industrial Services
|
813,505
|
|||||
Materials - 4.4%
|
||||||
Ecolab, Inc.
|
1,185
|
234,891
|
||||
Vale SA - ADR
|
15,668
|
214,495
|
||||
Total Materials
|
449,386
|
|||||
Media - 3.7%
|
||||||
MakeMyTrip, Ltd.(a)
|
6,908
|
382,634
|
||||
Total Media
|
382,634
|
|||||
Oil & Gas - 7.7%
|
||||||
Chesapeake Energy Corp.
|
3,710
|
286,078
|
||||
Select Water Solutions, Inc.
|
29,876
|
232,136
|
||||
TechnipFMC PLC
|
14,290
|
276,368
|
||||
Total Oil & Gas
|
794,582
|
|||||
Real Estate - 2.7%
|
||||||
Redfin Corp.(a)
|
34,322
|
280,068
|
||||
Total Real Estate
|
280,068
|
|||||
Software & Technology Services - 5.3%
|
||||||
ICF International, Inc.
|
2,184
|
303,663
|
||||
SS&C Technologies Holdings, Inc.
|
4,098
|
250,060
|
||||
Total Software & Technology Services
|
553,723
|
|||||
Technology Hardware & Semiconductors - 11.9%
|
||||||
ASML Holding NV
|
390
|
339,230
|
||||
Broadcom, Inc.
|
263
|
310,340
|
||||
Lam Research Corp.
|
383
|
316,040
|
||||
Micron Technology, Inc.
|
3,170
|
271,828
|
||||
Total Technology Hardware & Semiconductors
|
1,237,438
|
|||||
Telecommunications - 2.7%
|
||||||
Verizon Communications, Inc.
|
6,576
|
278,494
|
||||
Total Telecommunications
|
278,494
|
|||||
Utilities - 4.8%
|
||||||
American Electric Power Co., Inc.
|
3,448
|
269,427
|
||||
Avista Corp.
|
6,892
|
234,397
|
||||
Total Utilities
|
503,824
|
|||||
TOTAL COMMON STOCKS (Cost $9,450,665)
|
10,269,922
|
|||||
SHORT-TERM INVESTMENTS - 2.8%
|
||||||
Money Market Funds - 2.8%
|
|
|||||
First American Treasury Obligations Fund - Class X, 5.25%(b)
|
294,453
|
294,453
|
||||
TOTAL SHORT-TERM INVESTMENTS
(Cost $294,453)
|
294,453
|
|||||
TOTAL INVESTMENTS - 101.6% (Cost
$9,745,118)
|
$ |
10,564,375
|
||||
Liabilities in Excess of Other Assets - (1.6)%
|
(162,179)
|
|||||
TOTAL NET ASSETS - 100.0%
|
|
$ |
10,402,196
|
Percentages are stated as a percent of net assets.
|
ADR - American Depositary Receipt
|
PLC - Public Limited Company
|
(a)
|
Non-income producing security.
|
(b)
|
The rate shown represents the seven-day effective yield as of January 31, 2024.
|
Clough Select Equity ETF
|
||||||||||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Assets:
|
||||||||||||||||
Common Stocks
|
$
|
10,269,922
|
$
|
–
|
$
|
–
|
$
|
10,269,922
|
||||||||
Money Market Funds
|
294,453
|
–
|
–
|
294,453
|
||||||||||||
Total Assets
|
$
|
10,564,375
|
$
|
–
|
$
|
–
|
$
|
10,564,375
|
||||||||
Refer to the Schedule of Investments for industry classifications.
|
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