Emerge
EMPWR
Sustainable
Select
Growth
Equity
ETF
Schedule
of
Investments
April
30,
2023
(Unaudited)
1
Shares
Value
Common
Stocks
–
96.7%
Communication
Services
–
3.4%
Alphabet,
Inc.,
Class
C*
........................................................
154
$
16,666
Consumer
Discretionary
–
5.3%
Amazon.com,
Inc.*
............................................................
111
11,705
TJX
Cos.,
Inc.
(The)
...........................................................
180
14,188
25,893
Consumer
Staples
–
9.1%
John
B
Sanfilippo
&
Son,
Inc.
....................................................
115
11,954
Target
Corp.
..................................................................
102
16,090
Walmart,
Inc.
.................................................................
112
16,909
44,953
Energy
–
3.4%
Cheniere
Energy
Partners
LP
....................................................
371
16,921
Financials
–
10.3%
City
Holding
Co.
..............................................................
197
17,964
MSCI,
Inc.
...................................................................
35
16,886
Visa,
Inc.,
Class
A
.............................................................
68
15,826
50,676
Health
Care
–
19.9%
Amgen,
Inc.
..................................................................
62
14,864
Danaher
Corp.
................................................................
56
13,267
Merit
Medical
Systems,
Inc.*
.....................................................
227
18,453
Novartis
AG,
ADR
.............................................................
184
18,873
Novo
Nordisk
A/S,
ADR
.........................................................
109
18,213
ResMed,
Inc.
.................................................................
59
14,216
97,886
Industrials
–
9.8%
CACI
International,
Inc.,
Class
A*
.................................................
62
19,426
Nordson
Corp.
................................................................
63
13,627
WW
Grainger,
Inc.
.............................................................
22
15,303
48,356
Information
Technology
–
25.3%
Apple,
Inc.
...................................................................
213
36,142
Fair
Isaac
Corp.*
..............................................................
21
15,287
Microsoft
Corp.
...............................................................
119
36,564
Texas
Instruments,
Inc.
.........................................................
82
13,710
Trimble,
Inc.*
.................................................................
253
11,916
VeriSign,
Inc.*
................................................................
50
11,090
124,709
Materials
–
2.1%
Sherwin-Williams
Co.
(The)
.....................................................
43
10,214
Real
Estate
–
5.4%
Crown
Castle,
Inc.
.............................................................
55
6,770
National
Storage
Affiliates
Trust
..................................................
173
6,669
Realty
Income
Corp.
...........................................................
209
13,134
26,573
Utilities
–
2.7%
Chesapeake
Utilities
Corp.
......................................................
107
13,215
Total
Common
Stocks
(Cost
$461,838)
..........................................................
476,062
Emerge
EMPWR
Sustainable
Select
Growth
Equity
ETF
Schedule
of
Investments
(Continued)
April
30,
2023
(Unaudited)
2
Value
Total
Investments
–
96.7%
(Cost
$461,838)
.............................................................................
$
476,062
Other
Assets
in
Excess
of
Liabilities
–
3.3%
.........................................................
16,207
Net
Assets
–
100.0%
..........................................................................
$
492,269
*
Non
Income
Producing
ADR
:
American
Depositary
Receipt
Summary
of
Investment
Type
Sector
%
of
Net
Assets
Information
Technology
............................................................................
25.3%
Health
Care
.....................................................................................
19.9%
Financials
......................................................................................
10.3%
Industrials
......................................................................................
9.8%
Consumer
Staples
................................................................................
9.1%
Real
Estate
.....................................................................................
5.4%
Consumer
Discretionary
...........................................................................
5.3%
Energy
.........................................................................................
3.4%
Communication
Services
..........................................................................
3.4%
Utilities
.........................................................................................
2.7%
Materials
.......................................................................................
2.1%
Total
Investments
................................................................................
96.7%
Other
Assets
in
Excess
of
Liabilities
..................................................................
3.3%
Net
Assets
.....................................................................................
100.0%