NPORT-EX 2 274054EMC103122.htm
Emerge
EMPWR
Sustainable
Emerging
Markets
Equity
ETF
Schedule
of
Investments
October
31,
2022
(Unaudited)
1
Shares
Value
Common
Stocks
–
96.0%
Argentina
–
1.2%
Banco
BBVA
Argentina
SA,
ADR
.................................................
490
$
1,475‌
Grupo
Financiero
Galicia
SA,
ADR*
...............................................
289
2,243‌
Transportadora
de
Gas
del
Sur
SA,
Class
B,
ADR*
...................................
194
1,682‌
5,400‌
Brazil
–
14.7%
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo,
ADR
.............................
1,861
21,513‌
Gerdau
SA,
ADR
..............................................................
1,725
8,591‌
Itau
Unibanco
Holding
SA,
ADR
..................................................
481
2,799‌
Petroleo
Brasileiro
SA,
ADR
.....................................................
1,732
22,204‌
XP,
Inc.,
Class
A*
..............................................................
572
10,485‌
65,592‌
Chile
–
3.2%
Sociedad
Quimica
y
Minera
de
Chile
SA,
ADR
......................................
152
14,239‌
China
–
24.7%
Alibaba
Group
Holding
Ltd.*
.....................................................
1,400
10,960‌
Anhui
Conch
Cement
Co.
Ltd.,
Class
H
............................................
500
1,287‌
Baidu,
Inc.,
Class
A*
...........................................................
1,800
17,221‌
Bosideng
International
Holdings
Ltd.
..............................................
12,000
5,182‌
China
Meidong
Auto
Holdings
Ltd.
................................................
2,000
2,629‌
China
Overseas
Land
&
Investment
Ltd.
...........................................
4,000
7,633‌
Ganfeng
Lithium
Group
Co.
Ltd.,
Class
H,
144A
.....................................
800
5,412‌
Hua
Hong
Semiconductor
Ltd.,
144A*
.............................................
1,000
2,341‌
JD.com,
Inc.,
Class
A
..........................................................
750
13,863‌
Lenovo
Group
Ltd.
............................................................
12,000
9,600‌
LI
Ning
Co.
Ltd.
...............................................................
500
2,586‌
Ping
An
Insurance
Group
Co.
of
China
Ltd.,
Class
H
..................................
1,000
4,000‌
Postal
Savings
Bank
of
China
Co.
Ltd.,
Class
H,
144A
................................
15,000
6,956‌
Sunny
Optical
Technology
Group
Co.
Ltd.
..........................................
500
4,335‌
Tencent
Holdings
Ltd.
..........................................................
400
10,477‌
Trip.com
Group
Ltd.*
...........................................................
100
2,206‌
Yadea
Group
Holdings
Ltd.,
144A
.................................................
2,000
3,052‌
109,740‌
India
–
16.6%
Dr
Reddy's
Laboratories
Ltd.,
ADR
................................................
128
6,951‌
HDFC
Bank
Ltd.,
ADR
..........................................................
325
20,251‌
ICICI
Bank
Ltd.,
ADR
..........................................................
1,396
30,768‌
Infosys
Ltd.,
ADR
.............................................................
503
9,421‌
Wipro
Ltd.,
ADR
..............................................................
974
4,578‌
WNS
Holdings
Ltd.,
ADR*
.......................................................
23
1,980‌
73,949‌
Indonesia
–
0.3%
Bank
Central
Asia
TBK
PT,
ADR
..................................................
85
1,219‌
Mexico
–
4.8%
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV,
ADR
...............................
92
5,867‌
Grupo
Financiero
Banorte
SAB
de
CV,
ADR
........................................
38
1,551‌
Ternium
SA,
ADR
.............................................................
489
14,078‌
21,496‌
Emerge
EMPWR
Sustainable
Emerging
Markets
Equity
ETF
Schedule
of
Investments
(Continued)
October
31,
2022
(Unaudited)
2
Shares
Value
Common
Stocks
(continued)
South
Africa
–
4.3%
Anglo
American
PLC
...........................................................
268
$
8,049‌
Gold
Fields
Ltd.,
ADR
..........................................................
1,391
10,961‌
19,010‌
South
Korea
–
3.0%
Samsung
Electronics
Co.
Ltd.,
GDR
...............................................
13
13,435‌
Taiwan
–
10.7%
Silicon
Motion
Technology
Corp.,
ADR
.............................................
178
9,521‌
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
..................................
413
25,420‌
United
Microelectronics
Corp.,
ADR*
..............................................
2,129
12,625‌
47,566‌
Thailand
–
3.1%
Fabrinet*
....................................................................
122
13,957‌
United
States
–
9.4%
Globant
SA*
..................................................................
59
11,132‌
Tenaris
SA,
ADR
..............................................................
978
30,729‌
41,861‌
Total
Common
Stocks
(Cost
$472,862)
..........................................................
427,464‌
Total
Investments
–
96.0%
(Cost
$472,862)
.............................................................................
$
427,464‌
Other
Assets
in
Excess
of
Liabilities
–
4.0%
.........................................................
17,772‌
Net
Assets
–
100.0%
..........................................................................
$
445,236‌
*
Non
Income
Producing
ADR
:
American
Depositary
Receipt
GDR
:
Global
Depositary
Receipt
144A
:
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933.
These
securities
may
be
resold
in
transactions
exempt
from
registration,
normally
to
qualified
institutional
buyers.
Summary
of
Investment
Type
Sector
%
of
Net
Assets
Information
Technology
............................................................................
26.6‌%
Financials
......................................................................................
18.3‌%
Materials
.......................................................................................
14.1‌%
Energy
.........................................................................................
12.3‌%
Consumer
Discretionary
...........................................................................
9.1‌%
Communication
Services
..........................................................................
6.2‌%
Utilities
.........................................................................................
4.8‌%
Real
Estate
.....................................................................................
1.7‌%
Health
Care
.....................................................................................
1.6‌%
Industrials
......................................................................................
1.3‌%
Total
Investments
................................................................................
96.0‌%
Other
Assets
in
Excess
of
Liabilities
..................................................................
4.0‌%
Net
Assets
.....................................................................................
100.0‌%