# EDGAR Filing Document

**Accession Number:** 0001452937
**File Stem:** 0002048251-26-002898
**Filing Date:** 2026-4
**Character Count:** 58776
**Document Hash:** 7b7501bfe1bd3a2c567028344e768ae0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-002898.hdr.sgml**: 20260408

**ACCESSION NUMBER**: 0002048251-26-002898

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250228

**FILED AS OF DATE**: 20260408

**DATE AS OF CHANGE**: 20260408

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCHANGE TRADED CONCEPTS TRUST
- **CENTRAL INDEX KEY:** 0001452937

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22263
- **FILM NUMBER:** 26848099

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120
- **BUSINESS PHONE:** 405-778-8377

**MAIL ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES TRUST
- **DATE OF NAME CHANGE:** 20090717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES INC
- **DATE OF NAME CHANGE:** 20090225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VERITAS FUNDS INC
- **DATE OF NAME CHANGE:** 20081230

## Series and Classes Contracts Data

### ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (Series ID: S000068546)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000219256 | ETC 6 Meridian Hedged Equity-Index Option Strategy ETF | SIXH            |

## Nport-Ex

**ETC 6 Meridian**

**Hedged Equity-Index Option Strategy ETF**

Schedule of Investments

February 28, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 97.1%** |  |  |
| **Communication Services — 13.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A<sup>(A)</sup> | 29522 | $5027006 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T<sup>(A)</sup> | 734523 | 20133275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Cl A<sup>(A)</sup> | 17035 | 11382787 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix\* | 6067 | 5949058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications<sup>(A)</sup> | 445579 | 19204455 |
|  |  | 61696581 |
| **Consumer Discretionary — 4.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com<sup>(A)</sup>\* | 50045 | 10623552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings | 1264 | 6340237 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors | 124051 | 6094626 |
|  |  | 23058415 |
| **Consumer Staples — 26.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altria Group<sup>(A)</sup> | 561742 | 31373291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola<sup>(A)</sup> | 93747 | 6675724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive<sup>(A)</sup> | 136492 | 12443976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale<sup>(A)</sup> | 5906 | 6193090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz | 405798 | 12462057 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo<sup>(A)</sup> | 118606 | 18202463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International<sup>(A)</sup> | 136712 | 21228639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble | 35205 | 6120037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart<sup>(A)</sup> | 119367 | 11770780 |
|  |  | 126470057 |
| **Energy — 6.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron | 79582 | 12623297 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | 60325 | 5981224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil<sup>(A)</sup> | 110950 | 12352063 |
|  |  | 30956584 |
| **Financials — 14.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express<sup>(A)</sup> | 18773 | 5649922 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group | 81274 | 6740866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon | 69734 | 6202839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial<sup>(A)</sup> | 29567 | 5929662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab | 71810 | 5711049 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase | 22249 | 5888198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 43289 | 5762199 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings\* | 132740 | 9431177 |
| &nbsp;&nbsp;&nbsp;&nbsp;US Bancorp | 253449 | 11886758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo | 76019 | 5953808 |
|  |  | 69156478 |
| **Health Care — 9.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 46236 | 6381031 |
| &nbsp;&nbsp;&nbsp;&nbsp;AbbVie | 62477 | 13059567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly | 7327 | 6745456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences<sup>(A)</sup> | 60386 | 6902724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson<sup>(A)</sup> | 39117 | 6455087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pfizer | 226579 | 5988483 |
|  |  | 45532348 |
| **Industrials — 8.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3M | 39613 | 6144768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar<sup>(A)</sup> | 16433 | 5652130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere | 12719 | 6115168 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric<sup>(A)</sup> | 29102 | 6023532 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Industrials — continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin | 13045 | $5875077 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Cl B | 106752 | 12706691 |
|  |  | 42517366 |
| **Information Technology — 6.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple<sup>(A)</sup> | 26055 | 6301141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit | 9887 | 6069036 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA<sup>(A)</sup> | 101848 | 12722852 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM<sup>(A)</sup> | 34896 | 5484605 |
|  |  | 30577634 |
| **Real Estate — 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group<sup>‡(A)</sup> | 34259 | 6375257 |
| **Utilities — 5.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy<sup>(A)</sup> | 104953 | 12330928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern | 141567 | 12711301 |
|  |  | 25042229 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $407,603,185) |  | 461382949 |
| **EXCHANGE TRADED FUND — 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SPDR Bloomberg 1-3 Month T-Bill ETF | 150692 | 13821470 |
| Total Exchange Traded Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $13,784,844) |  | 13821470 |
| Total Investments - 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $421,388,029) |  | $475204419 |
| **WRITTEN OPTIONS — -0.8%** |  |  |
| Total Written Options |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Premiums Received $5,918,998) |  | $(4006460) |

---

**ETC 6 Meridian**

**Hedged Equity-Index Option Strategy ETF**

Schedule of Investments

February 28, 2025 (Unaudited) (Concluded)

A list of the Exchange Traded Option Contracts held by the Fund at February 28, 2025, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br> Contracts | Notional<br> Amount | Exercise<br> Price | Expiration<br> Date | Value |
| **WRITTEN OPTIONS — (0.8)%** |  |  |  |  |  |
| Call Options |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index\* | (378) | $225080100 | $6150 | 03/21/25 | $(553770) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index\* | (379) | 225675550 | 6050 | 04/17/25 | (3452690) |
| **TOTAL WRITTEN OPTIONS** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Premiums Received $5,918,998) |  |  |  |  | $(4006460) |

---

Percentages are based on Net Assets of $475,113,708.

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| †† | Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |
| ‡ | Real Estate Investment Trust |
| (A) | All or a portion of these securities has been pledged as collateral on written options with a fair value of $96,766,538. |

---

---

| |
|:---|
| Cl — Class |
| ETF — Exchange Traded Fund |
| S&P— Standard & Poor's |
| SPDR — Standard & Poor's Depositary Receipts |

---

MER-QH-001-1000

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK — 99.7%** | **COMMON STOCK — 99.7%** | **COMMON STOCK — 99.7%** |
| **Communication Services — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T | 36782 | $1008195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Square Garden Sports\* | 3802 | 774429 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Times, Cl A | 14548 | 699613 |
| &nbsp;&nbsp;&nbsp;&nbsp;TKO Group Holdings, Cl A\* | 6670 | 1004769 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US | 3988 | 1075524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications | 18741 | 807737 |
|  |  | 5370267 |
| **Consumer Discretionary — 6.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education\* | 11047 | 1130219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | 21028 | 779087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capri Holdings\* | 22182 | 487560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon Education\* | 5605 | 1007891 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&R Block | 12255 | 668020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monarch Casino & Resort | 10248 | 938512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy USA | 1512 | 709491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ollie's Bargain Outlet Holdings\* | 8828 | 913786 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive\* | 684 | 939570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perdoceo Education | 36162 | 925747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Strategic Education | 8359 | 673151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stride\* | 9694 | 1326139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sturm Ruger | 18792 | 741532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse, Cl A | 4761 | 876453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendy's | 45394 | 703607 |
|  |  | 12820765 |
| **Consumer Staples — 17.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altria Group | 14357 | 801838 |
| &nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands\* | 13672 | 1001884 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings\* | 10034 | 1016043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Beer, Cl A\* | 2708 | 660129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunge Global | 7828 | 580759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cal-Maine Foods | 11177 | 1010289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores | 2061 | 853687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight | 7332 | 815319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola | 10838 | 771774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Consolidated | 569 | 806341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive | 7149 | 651774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands | 23560 | 601722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care | 20227 | 636544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowers Foods | 32907 | 616677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresh Del Monte Produce | 26432 | 805912 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills | 10269 | 622507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey | 3861 | 666833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods | 23675 | 677815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingredion | 5703 | 744869 |
| &nbsp;&nbsp;&nbsp;&nbsp;J & J Snack Foods | 4648 | 610933 |
| &nbsp;&nbsp;&nbsp;&nbsp;John B Sanfilippo & Son | 8087 | 571508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kellanova | 9626 | 797995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr Pepper | 20926 | 701440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark | 5239 | 743990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz | 21523 | 660971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger | 14749 | 956030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lancaster Colony | 4338 | 829230 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Consumer Staples — continued** | **Consumer Staples — continued** |  |
| &nbsp;&nbsp;&nbsp;McCormick | 9296 | $767943 |
| &nbsp;&nbsp;&nbsp;Mondelez International, Cl A | 10237 | 657523 |
| &nbsp;&nbsp;&nbsp;National Beverage | 17118 | 681810 |
| &nbsp;&nbsp;&nbsp;PepsiCo | 4344 | 666674 |
| &nbsp;&nbsp;&nbsp;Philip Morris International | 6129 | 951711 |
| &nbsp;&nbsp;&nbsp;Pilgrim's Pride\* | 17027 | 926099 |
| &nbsp;&nbsp;&nbsp;Post Holdings\* | 6642 | 753933 |
| &nbsp;&nbsp;&nbsp;Procter & Gamble | 4385 | 762289 |
| &nbsp;&nbsp;&nbsp;Simply Good Foods\* | 23614 | 891429 |
| &nbsp;&nbsp;&nbsp;SpartanNash | 34920 | 705035 |
| &nbsp;&nbsp;&nbsp;Sprouts Farmers Market\* | 7799 | 1157371 |
| &nbsp;&nbsp;&nbsp;Tootsie Roll Industries | 24437 | 757303 |
| &nbsp;&nbsp;&nbsp;TreeHouse Foods\* | 18389 | 578886 |
| &nbsp;&nbsp;&nbsp;Universal | 14754 | 790962 |
| &nbsp;&nbsp;&nbsp;Walmart | 10057 | 991721 |
| &nbsp;&nbsp;&nbsp;WD-40 | 2944 | 702497 |
|  |  | 32957999 |
| **Energy — 4.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Antero Midstream | 53969 | 914775 |
| &nbsp;&nbsp;&nbsp;Chesapeake Energy | 10881 | 1075913 |
| &nbsp;&nbsp;&nbsp;Chevron | 5562 | 882244 |
| &nbsp;&nbsp;&nbsp;Chord Energy | 5737 | 655739 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 7265 | 720325 |
| &nbsp;&nbsp;&nbsp;CVR Energy | 33387 | 614989 |
| &nbsp;&nbsp;&nbsp;Dorian LPG | 21504 | 437821 |
| &nbsp;&nbsp;&nbsp;DT Midstream | 10261 | 985979 |
| &nbsp;&nbsp;&nbsp;EOG Resources | 6402 | 812670 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil | 6839 | 761386 |
| &nbsp;&nbsp;&nbsp;Magnolia Oil & Gas, Cl A | 32724 | 766069 |
|  |  | 8627910 |
| **Financials — 18.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Aflac | 7072 | 774172 |
| &nbsp;&nbsp;&nbsp;Allstate | 4155 | 827468 |
| &nbsp;&nbsp;&nbsp;Ambac Financial Group\* | 71550 | 694750 |
| &nbsp;&nbsp;&nbsp;American Financial Group | 5749 | 725984 |
| &nbsp;&nbsp;&nbsp;AMERISAFE | 15894 | 817905 |
| &nbsp;&nbsp;&nbsp;Arch Capital Group | 6979 | 648419 |
| &nbsp;&nbsp;&nbsp;Arthur J Gallagher | 2610 | 881501 |
| &nbsp;&nbsp;&nbsp;Assured Guaranty | 9889 | 863606 |
| &nbsp;&nbsp;&nbsp;BGC Group, Cl A | 81278 | 804652 |
| &nbsp;&nbsp;&nbsp;Cboe Global Markets | 3640 | 767312 |
| &nbsp;&nbsp;&nbsp;Chubb | 2680 | 765086 |
| &nbsp;&nbsp;&nbsp;CME Group, Cl A | 3495 | 886926 |
| &nbsp;&nbsp;&nbsp;Donnelley Financial Solutions\* | 11920 | 590875 |
| &nbsp;&nbsp;&nbsp;Employers Holdings | 16223 | 840351 |
| &nbsp;&nbsp;&nbsp;Erie Indemnity, Cl A | 1517 | 649382 |
| &nbsp;&nbsp;&nbsp;EZCORP, Cl A\* | 66895 | 920475 |
| &nbsp;&nbsp;&nbsp;Federated Hermes, Cl B | 22912 | 887840 |
| &nbsp;&nbsp;&nbsp;FirstCash Holdings | 6496 | 729371 |
| &nbsp;&nbsp;&nbsp;Hanover Insurance Group | 5298 | 903468 |
| &nbsp;&nbsp;&nbsp;HCI Group | 7842 | 1032478 |
| &nbsp;&nbsp;&nbsp;Horace Mann Educators | 22079 | 934604 |
| &nbsp;&nbsp;&nbsp;Kinsale Capital Group | 1668 | 720326 |
| &nbsp;&nbsp;&nbsp;Marsh & McLennan | 3377 | 803186 |
| &nbsp;&nbsp;&nbsp;Mercury General | 12434 | 670565 |
| &nbsp;&nbsp;&nbsp;Morningstar | 2525 | 792143 |

---

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Financials — continued** | **Financials — continued** |  |
| &nbsp;&nbsp;&nbsp;Old Republic International | 22062 | $849608 |
| &nbsp;&nbsp;&nbsp;Palomar Holdings\* | 8159 | 1049737 |
| &nbsp;&nbsp;&nbsp;Primerica | 3013 | 873770 |
| &nbsp;&nbsp;&nbsp;Progressive | 3098 | 873636 |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America, Cl A | 3623 | 734346 |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings | 2977 | 707395 |
| &nbsp;&nbsp;&nbsp;RLI | 10188 | 775205 |
| &nbsp;&nbsp;&nbsp;Ryan Specialty Holdings, Cl A | 12114 | 847859 |
| &nbsp;&nbsp;&nbsp;Safety Insurance Group | 9226 | 702468 |
| &nbsp;&nbsp;&nbsp;Selective Insurance Group | 8637 | 743171 |
| &nbsp;&nbsp;&nbsp;SiriusPoint\* | 54387 | 834296 |
| &nbsp;&nbsp;&nbsp;Travelers | 3287 | 849657 |
| &nbsp;&nbsp;&nbsp;United Fire Group | 38430 | 1078730 |
| &nbsp;&nbsp;&nbsp;Unum Group | 14245 | 1172221 |
| &nbsp;&nbsp;&nbsp;Virtu Financial, Cl A | 24779 | 905920 |
| &nbsp;&nbsp;&nbsp;Western Union | 63478 | 687467 |
| &nbsp;&nbsp;&nbsp;Willis Towers Watson PLC | 2649 | 899733 |
| &nbsp;&nbsp;&nbsp;WR Berkley | 13135 | 828556 |
|  |  | 35346620 |
| **Health Care — 16.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 6770 | 934328 |
| &nbsp;&nbsp;&nbsp;AbbVie | 3980 | 831939 |
| &nbsp;&nbsp;&nbsp;Addus HomeCare\* | 6103 | 584484 |
| &nbsp;&nbsp;&nbsp;Alkermes PLC\* | 28712 | 985683 |
| &nbsp;&nbsp;&nbsp;Amedisys\* | 7937 | 730204 |
| &nbsp;&nbsp;&nbsp;ANI Pharmaceuticals\* | 12738 | 788355 |
| &nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical\* | 9172 | 652680 |
| &nbsp;&nbsp;&nbsp;Cardinal Health | 6902 | 893671 |
| &nbsp;&nbsp;&nbsp;Centene\* | 10882 | 632897 |
| &nbsp;&nbsp;&nbsp;Chemed | 1341 | 805673 |
| &nbsp;&nbsp;&nbsp;Cigna Group | 2172 | 670822 |
| &nbsp;&nbsp;&nbsp;Collegium Pharmaceutical\* | 20739 | 602468 |
| &nbsp;&nbsp;&nbsp;Dynavax Technologies\* | 69928 | 964307 |
| &nbsp;&nbsp;&nbsp;Elevance Health | 1423 | 564760 |
| &nbsp;&nbsp;&nbsp;Encompass Health | 8410 | 842178 |
| &nbsp;&nbsp;&nbsp;Ensign Group | 5169 | 667576 |
| &nbsp;&nbsp;&nbsp;Exelixis\* | 30670 | 1186622 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences | 9796 | 1119781 |
| &nbsp;&nbsp;&nbsp;HealthEquity\* | 10107 | 1109344 |
| &nbsp;&nbsp;&nbsp;HealthStream | 27218 | 919152 |
| &nbsp;&nbsp;&nbsp;Hologic\* | 9449 | 598972 |
| &nbsp;&nbsp;&nbsp;Incyte\* | 12592 | 925512 |
| &nbsp;&nbsp;&nbsp;Innoviva\* | 40447 | 724810 |
| &nbsp;&nbsp;&nbsp;Integer Holdings\* | 5974 | 735997 |
| &nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC\* | 7194 | 1032555 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 4691 | 774109 |
| &nbsp;&nbsp;&nbsp;Masimo\* | 6915 | 1305344 |
| &nbsp;&nbsp;&nbsp;McKesson | 1523 | 975116 |
| &nbsp;&nbsp;&nbsp;Merck | 6543 | 603592 |
| &nbsp;&nbsp;&nbsp;Merit Medical Systems\* | 7982 | 814483 |
| &nbsp;&nbsp;&nbsp;Molina Healthcare\* | 2348 | 707030 |
| &nbsp;&nbsp;&nbsp;National HealthCare | 5972 | 556411 |
| &nbsp;&nbsp;&nbsp;Neurocrine Biosciences\* | 6411 | 761114 |
| &nbsp;&nbsp;&nbsp;Patterson | 37257 | 1160183 |
| &nbsp;&nbsp;&nbsp;Premier, Cl A | 37727 | 685877 |
| &nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare\* | 10375 | 879281 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Health Care — continued** | **Health Care — continued** |  |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics | 5033 | $870206 |
| &nbsp;&nbsp;&nbsp;Supernus Pharmaceuticals\* | 22791 | 730679 |
| &nbsp;&nbsp;&nbsp;United Therapeutics\* | 2219 | 710191 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group | 1288 | 611749 |
|  |  | 32650135 |
| **Industrials — 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;AeroVironment\* | 4296 | 642768 |
| &nbsp;&nbsp;&nbsp;Brady, Cl A | 10677 | 773762 |
| &nbsp;&nbsp;&nbsp;BWX Technologies | 8048 | 836751 |
| &nbsp;&nbsp;&nbsp;CACI International, Cl A\* | 1651 | 552837 |
| &nbsp;&nbsp;&nbsp;CoreCivic\* | 59052 | 1107816 |
| &nbsp;&nbsp;&nbsp;Curtiss-Wright | 2614 | 840819 |
| &nbsp;&nbsp;&nbsp;FTI Consulting\* | 3537 | 585727 |
| &nbsp;&nbsp;&nbsp;KBR | 12430 | 609443 |
| &nbsp;&nbsp;&nbsp;Kelly Services, Cl A | 38538 | 519107 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies | 3385 | 697682 |
| &nbsp;&nbsp;&nbsp;Liquidity Services\* | 36573 | 1224464 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin | 1352 | 608900 |
| &nbsp;&nbsp;&nbsp;MSA Safety | 4589 | 751219 |
| &nbsp;&nbsp;&nbsp;National Presto Industries | 10425 | 1060639 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman | 1493 | 689378 |
| &nbsp;&nbsp;&nbsp;RB Global | 9319 | 954079 |
| &nbsp;&nbsp;&nbsp;Republic Services, Cl A | 3794 | 899254 |
| &nbsp;&nbsp;&nbsp;Robert Half | 12698 | 750325 |
| &nbsp;&nbsp;&nbsp;RTX | 6512 | 866031 |
| &nbsp;&nbsp;&nbsp;Schneider National, Cl B | 28927 | 763094 |
| &nbsp;&nbsp;&nbsp;Verisk Analytics, Cl A | 2827 | 839365 |
| &nbsp;&nbsp;&nbsp;Verra Mobility, Cl A\* | 29515 | 675598 |
| &nbsp;&nbsp;&nbsp;Waste Management | 3761 | 875486 |
| &nbsp;&nbsp;&nbsp;Woodward | 4828 | 912468 |
|  |  | 19037012 |
| **Information Technology — 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;A10 Networks | 58125 | 1208419 |
| &nbsp;&nbsp;&nbsp;Box, Cl A\* | 23791 | 777966 |
| &nbsp;&nbsp;&nbsp;Dolby Laboratories, Cl A | 11258 | 918765 |
| &nbsp;&nbsp;&nbsp;Dropbox, Cl A\* | 33387 | 867394 |
| &nbsp;&nbsp;&nbsp;Dynatrace\* | 15363 | 879532 |
| &nbsp;&nbsp;&nbsp;Juniper Networks | 20076 | 726751 |
| &nbsp;&nbsp;&nbsp;LiveRamp Holdings\* | 30948 | 924726 |
| &nbsp;&nbsp;&nbsp;Manhattan Associates\* | 3075 | 543906 |
| &nbsp;&nbsp;&nbsp;N-able\* | 61559 | 617437 |
| &nbsp;&nbsp;&nbsp;Progress Software | 13369 | 730482 |
|  |  | 8195378 |
| **Materials — 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;AptarGroup | 5050 | 741087 |
| &nbsp;&nbsp;&nbsp;Clearwater Paper\* | 25237 | 659948 |
| &nbsp;&nbsp;&nbsp;Crown Holdings | 8436 | 756119 |
| &nbsp;&nbsp;&nbsp;NewMarket | 1440 | 820958 |
| &nbsp;&nbsp;&nbsp;United States Steel | 24662 | 991906 |
|  |  | 3970018 |
| **Real Estate — 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agree Realty<sup>‡</sup> | 10271 | 758000 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent, Cl A<sup>‡</sup> | 19572 | 724360 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower, Cl A<sup>‡</sup> | 3265 | 671349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties<sup>‡</sup> | 10437 | 715769 |

---

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2025 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Real Estate — continued** | **Real Estate — continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty Trust<sup>‡</sup> | 24040 | $786589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Four Corners Property Trust<sup>‡</sup> | 26441 | 760179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gaming and Leisure Properties<sup>‡</sup> | 14963 | 750395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getty Realty<sup>‡</sup> | 24364 | 765030 |
| &nbsp;&nbsp;&nbsp;&nbsp;LTC Properties<sup>‡</sup> | 21028 | 733667 |
| &nbsp;&nbsp;&nbsp;&nbsp;NNN REIT<sup>‡</sup> | 16002 | 679285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors<sup>‡</sup> | 19448 | 716464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips Edison<sup>‡</sup> | 20797 | 773648 |
| &nbsp;&nbsp;&nbsp;&nbsp;WP Carey<sup>‡</sup> | 12536 | 804936 |
|  |  | 9639671 |
| **Utilities — 12.6%** |  |  |
| &nbsp;&nbsp;&nbsp;ALLETE | 12140 | 797476 |
| &nbsp;&nbsp;&nbsp;Ameren | 9267 | 941156 |
| &nbsp;&nbsp;&nbsp;American Electric Power | 7556 | 801314 |
| &nbsp;&nbsp;&nbsp;American States Water | 9514 | 728202 |
| &nbsp;&nbsp;&nbsp;Atmos Energy | 5897 | 897111 |
| &nbsp;&nbsp;&nbsp;Avista | 20071 | 802238 |
| &nbsp;&nbsp;&nbsp;California Water Service Group | 14211 | 645890 |
| &nbsp;&nbsp;&nbsp;Chesapeake Utilities | 6518 | 827330 |
| &nbsp;&nbsp;&nbsp;CMS Energy | 11331 | 827730 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison | 7459 | 757238 |
| &nbsp;&nbsp;&nbsp;DTE Energy | 6251 | 835759 |
| &nbsp;&nbsp;&nbsp;Duke Energy | 6608 | 776374 |
| &nbsp;&nbsp;&nbsp;Entergy | 12652 | 1104646 |
| &nbsp;&nbsp;&nbsp;Essential Utilities | 19840 | 753523 |
| &nbsp;&nbsp;&nbsp;Evergy | 12900 | 888939 |
| &nbsp;&nbsp;&nbsp;FirstEnergy | 17443 | 676265 |
| &nbsp;&nbsp;&nbsp;MGE Energy | 8915 | 818219 |
| &nbsp;&nbsp;&nbsp;National Fuel Gas | 13077 | 983390 |
| &nbsp;&nbsp;&nbsp;New Jersey Resources | 16751 | 810413 |
| &nbsp;&nbsp;&nbsp;Northwest Natural Holding | 19657 | 803578 |
| &nbsp;&nbsp;&nbsp;Northwestern Energy Group | 14228 | 795772 |
| &nbsp;&nbsp;&nbsp;OGE Energy | 19467 | 900933 |
| &nbsp;&nbsp;&nbsp;Pinnacle West Capital | 8781 | 812594 |
| &nbsp;&nbsp;&nbsp;PPL | 24047 | 846695 |
| &nbsp;&nbsp;&nbsp;Sempra | 9392 | 672185 |
| &nbsp;&nbsp;&nbsp;SJW Group | 13088 | 689345 |
| &nbsp;&nbsp;&nbsp;Southern | 8712 | 782250 |
| &nbsp;&nbsp;&nbsp;Unitil | 13233 | 742371 |
| &nbsp;&nbsp;&nbsp;WEC Energy Group | 8229 | 877952 |
| &nbsp;&nbsp;&nbsp;Xcel Energy | 12256 | 883658 |
|  |  | 24480546 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $169,289,116) |  | 193096321 |
| Total Investments - 99.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $169,289,116) |  | $193096321 |

---

Percentages are based on Net Assets of $193,717,895.

\* Non-income producing security. <br> ‡ Real Estate Investment Trust

Cl — Class <br> PLC — Public Limited Company <br> REIT — Real Estate Investment Trust

MER-QH-001-1000

**ETC 6 Meridian**

**Mega Cap Equity ETF** 

Schedule of Investments

February 28, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 99.8%** |  |  |
| **Communication Services — 13.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl A | 20537 | $3497041 |
| &nbsp;&nbsp;&nbsp;AT&T | 511053 | 14007963 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 11850 | 7918170 |
| &nbsp;&nbsp;&nbsp;Netflix\* | 4220 | 4137963 |
| &nbsp;&nbsp;&nbsp;Verizon Communications | 310015 | 13361646 |
|  |  | 42922783 |
| **Consumer Discretionary — 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Amazon.com\* | 34819 | 7391377 |
| &nbsp;&nbsp;&nbsp;Booking Holdings | 880 | 4414089 |
| &nbsp;&nbsp;&nbsp;General Motors | 86310 | 4240410 |
|  |  | 16045876 |
| **Consumer Staples — 27.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Altria Group | 390848 | 21828861 |
| &nbsp;&nbsp;&nbsp;Coca-Cola | 65225 | 4644672 |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive | 94970 | 8658415 |
| &nbsp;&nbsp;&nbsp;Costco Wholesale | 4109 | 4308739 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz | 282349 | 8670938 |
| &nbsp;&nbsp;&nbsp;PepsiCo | 82521 | 12664498 |
| &nbsp;&nbsp;&nbsp;Philip Morris International | 95120 | 14770233 |
| &nbsp;&nbsp;&nbsp;Procter & Gamble | 24493 | 4257863 |
| &nbsp;&nbsp;&nbsp;Walmart | 83053 | 8189856 |
|  |  | 87994075 |
| **Energy — 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Chevron | 55372 | 8783107 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 41969 | 4161226 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil | 77195 | 8594119 |
|  |  | 21538452 |
| **Financials — 15.0%** |  |  |
| &nbsp;&nbsp;&nbsp;American Express | 13061 | 3930839 |
| &nbsp;&nbsp;&nbsp;American International Group | 56546 | 4689925 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon | 48521 | 4315943 |
| &nbsp;&nbsp;&nbsp;Capital One Financial | 20568 | 4124912 |
| &nbsp;&nbsp;&nbsp;Charles Schwab | 49962 | 3973478 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase | 15480 | 4096782 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 30118 | 4009007 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings\* | 92358 | 6562036 |
| &nbsp;&nbsp;&nbsp;US Bancorp | 176347 | 8270674 |
| &nbsp;&nbsp;&nbsp;Wells Fargo | 52891 | 4142423 |
|  |  | 48116019 |
| **Health Care — 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 32166 | 4439230 |
| &nbsp;&nbsp;&nbsp;AbbVie | 43471 | 9086743 |
| &nbsp;&nbsp;&nbsp;Eli Lilly | 5094 | 4689689 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences | 42015 | 4802735 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 27215 | 4491019 |
| &nbsp;&nbsp;&nbsp;Pfizer | 157643 | 4166505 |
|  |  | 31675921 |
| **Industrials — 9.2%** |  |  |
| &nbsp;&nbsp;&nbsp;3M | 27559 | 4274952 |
| &nbsp;&nbsp;&nbsp;Caterpillar | 11433 | 3932381 |
| &nbsp;&nbsp;&nbsp;Deere | 8847 | 4253549 |
| &nbsp;&nbsp;&nbsp;General Electric | 20246 | 4190517 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Industrials — continued** |  |  |
| &nbsp;&nbsp;&nbsp;Lockheed Martin | 9074 | $4086657 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Cl B | 74279 | 8841429 |
|  |  | 29579485 |
| **Information Technology — 6.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Apple | 18124 | 4383108 |
| &nbsp;&nbsp;&nbsp;Intuit | 6879 | 4222606 |
| &nbsp;&nbsp;&nbsp;NVIDIA | 70864 | 8852331 |
| &nbsp;&nbsp;&nbsp;QUALCOMM | 24277 | 3815616 |
|  |  | 21273661 |
| **Real Estate — 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group<sup>‡</sup> | 23832 | 4434897 |
| **Utilities — 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Duke Energy | 73024 | 8579590 |
| &nbsp;&nbsp;&nbsp;Southern | 98500 | 8844315 |
|  |  | 17423905 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $285,284,372) |  | 321005074 |
| Total Investments - 99.8% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $285,284,372) |  | $321005074 |

---

Percentages are based on Net Assets of $321,758,130

\* Non-income producing security. <br> †† Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. <br> ‡ Real Estate Investment Trust

Cl — Class

MER-QH-001-1000

**ETC 6 Meridian**

**Small Cap Equity ETF**

Schedule of Investments

February 28, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 99.8%** | **COMMON STOCK<sup>††</sup> — 99.8%** | **COMMON STOCK<sup>††</sup> — 99.8%** |
| **Communication Services — 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Madison Square Garden Sports\* | 5163 | $1051652 |
| **Consumer Discretionary — 12.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Adtalem Global Education\* | 14656 | 1499455 |
| &nbsp;&nbsp;&nbsp;Buckle | 25132 | 1006537 |
| &nbsp;&nbsp;&nbsp;G-III Apparel Group\* | 34576 | 935972 |
| &nbsp;&nbsp;&nbsp;Golden Entertainment | 32631 | 1014498 |
| &nbsp;&nbsp;&nbsp;M\* | 6759 | 791682 |
| &nbsp;&nbsp;&nbsp;Movado Group | 54813 | 1058439 |
| &nbsp;&nbsp;&nbsp;Perdoceo Education | 97397 | 2493363 |
| &nbsp;&nbsp;&nbsp;Stride\* | 12991 | 1777169 |
| &nbsp;&nbsp;&nbsp;Sturm Ruger | 25612 | 1010649 |
|  |  | 11587764 |
| **Consumer Staples — 12.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Andersons | 21501 | 919813 |
| &nbsp;&nbsp;&nbsp;Cal-Maine Foods | 30858 | 2789255 |
| &nbsp;&nbsp;&nbsp;Fresh Del Monte Produce | 35412 | 1079712 |
| &nbsp;&nbsp;&nbsp;J & J Snack Foods | 6302 | 828335 |
| &nbsp;&nbsp;&nbsp;John B Sanfilippo & Son | 11090 | 783730 |
| &nbsp;&nbsp;&nbsp;National Beverage | 23547 | 937877 |
| &nbsp;&nbsp;&nbsp;Simply Good Foods\* | 31398 | 1185274 |
| &nbsp;&nbsp;&nbsp;SpartanNash | 47754 | 964153 |
| &nbsp;&nbsp;&nbsp;Tootsie Roll Industries | 33877 | 1049848 |
| &nbsp;&nbsp;&nbsp;TreeHouse Foods\* | 25054 | 788700 |
|  |  | 11326697 |
| **Energy — 10.0%** |  |  |
| &nbsp;&nbsp;&nbsp;CONSOL Energy | 11328 | 841104 |
| &nbsp;&nbsp;&nbsp;CVR Energy | 46494 | 856419 |
| &nbsp;&nbsp;&nbsp;Dorian LPG | 29565 | 601943 |
| &nbsp;&nbsp;&nbsp;Helmerich & Payne | 34449 | 913243 |
| &nbsp;&nbsp;&nbsp;Liberty Energy, Cl A | 54703 | 944721 |
| &nbsp;&nbsp;&nbsp;ProPetro Holding\* | 143327 | 1209680 |
| &nbsp;&nbsp;&nbsp;REX American Resources\* | 24846 | 959553 |
| &nbsp;&nbsp;&nbsp;RPC | 178736 | 997347 |
| &nbsp;&nbsp;&nbsp;SM Energy | 25486 | 833647 |
| &nbsp;&nbsp;&nbsp;World Kinect | 37587 | 1125355 |
|  |  | 9283012 |
| **Financials — 26.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Ambac Financial Group\* | 97536 | 947075 |
| &nbsp;&nbsp;&nbsp;AMERISAFE | 21560 | 1109478 |
| &nbsp;&nbsp;&nbsp;Assured Guaranty | 26913 | 2350312 |
| &nbsp;&nbsp;&nbsp;Axos Financial\* | 16031 | 1070871 |
| &nbsp;&nbsp;&nbsp;Bread Financial Holdings | 18619 | 1005426 |
| &nbsp;&nbsp;&nbsp;Customers Bancorp\* | 21639 | 1168506 |
| &nbsp;&nbsp;&nbsp;Employers Holdings | 22006 | 1139911 |
| &nbsp;&nbsp;&nbsp;Enova International\* | 13064 | 1350034 |
| &nbsp;&nbsp;&nbsp;EZCORP, Cl A\* | 88987 | 1224461 |
| &nbsp;&nbsp;&nbsp;HCI Group | 21322 | 2807254 |
| &nbsp;&nbsp;&nbsp;Horace Mann Educators | 29738 | 1258810 |
| &nbsp;&nbsp;&nbsp;Mercury General | 16708 | 901062 |
| &nbsp;&nbsp;&nbsp;&nbsp;PennyMac Mortgage Investment Trust<sup>‡</sup> | 75938 | 1112492 |
| &nbsp;&nbsp;&nbsp;Preferred Bank | 13245 | 1175494 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Financials — continued** |  |  |
| &nbsp;&nbsp;&nbsp;Radian Group | 29898 | $983943 |
| &nbsp;&nbsp;&nbsp;Safety Insurance Group | 12520 | 953273 |
| &nbsp;&nbsp;&nbsp;SiriusPoint\* | 72997 | 1119774 |
| &nbsp;&nbsp;&nbsp;Virtu Financial, Cl A | 33594 | 1228196 |
| &nbsp;&nbsp;&nbsp;Virtus Investment Partners | 5232 | 982413 |
| &nbsp;&nbsp;&nbsp;World Acceptance\* | 9103 | 1227448 |
|  |  | 25116233 |
| **Health Care — 11.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Collegium Pharmaceutical\* | 56414 | 1638827 |
| &nbsp;&nbsp;&nbsp;Dynavax Technologies\* | 97358 | 1342567 |
| &nbsp;&nbsp;&nbsp;Ensign Group | 6963 | 899272 |
| &nbsp;&nbsp;&nbsp;HealthStream | 36374 | 1228350 |
| &nbsp;&nbsp;&nbsp;Innoviva\* | 109339 | 1959355 |
| &nbsp;&nbsp;&nbsp;Merit Medical Systems\* | 10844 | 1106521 |
| &nbsp;&nbsp;&nbsp;Organon | 49454 | 737359 |
| &nbsp;&nbsp;&nbsp;Premier, Cl A | 51624 | 938524 |
| &nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare\* | 14067 | 1192178 |
|  |  | 11042953 |
| **Industrials — 7.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Brady, Cl A | 14707 | 1065816 |
| &nbsp;&nbsp;&nbsp;DNOW\* | 86938 | 1389269 |
| &nbsp;&nbsp;&nbsp;Heidrick & Struggles International | 28805 | 1180717 |
| &nbsp;&nbsp;&nbsp;Masterbrand\* | 66311 | 927691 |
| &nbsp;&nbsp;&nbsp;National Presto Industries | 14164 | 1441045 |
| &nbsp;&nbsp;&nbsp;Wabash National | 55915 | 654765 |
|  |  | 6659303 |
| **Information Technology — 9.1%** |  |  |
| &nbsp;&nbsp;&nbsp;A10 Networks | 78533 | 1632701 |
| &nbsp;&nbsp;&nbsp;Box, Cl A\* | 32261 | 1054935 |
| &nbsp;&nbsp;&nbsp;DXC Technology\* | 50015 | 918775 |
| &nbsp;&nbsp;&nbsp;LiveRamp Holdings\* | 41213 | 1231444 |
| &nbsp;&nbsp;&nbsp;N-able\* | 84035 | 842871 |
| &nbsp;&nbsp;&nbsp;Photronics\* | 46164 | 962058 |
| &nbsp;&nbsp;&nbsp;Progress Software | 18309 | 1000404 |
| &nbsp;&nbsp;&nbsp;ScanSource\* | 22085 | 808532 |
|  |  | 8451720 |
| **Materials — 4.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Alpha Metallurgical Resources\* | 5187 | 713316 |
| &nbsp;&nbsp;&nbsp;Clearwater Paper\* | 34825 | 910674 |
| &nbsp;&nbsp;&nbsp;Metallus\* | 68816 | 993703 |
| &nbsp;&nbsp;&nbsp;Olympic Steel | 27930 | 927835 |
| &nbsp;&nbsp;&nbsp;Warrior Met Coal | 19667 | 946769 |
|  |  | 4492297 |
| **Real Estate — 2.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Getty Realty<sup>‡</sup> | 33322 | 1046311 |
| &nbsp;&nbsp;&nbsp;&nbsp;LTC Properties<sup>‡</sup> | 28756 | 1003297 |
|  |  | 2049608 |
| **Utilities — 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;American States Water | 12993 | 994484 |

---

**ETC 6 Meridian**

**Small Cap Equity ETF**

Schedule of Investments

February 28, 2025 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Utilities — continued** |  |  |
| &nbsp;&nbsp;&nbsp;MGE Energy | 12124 | $1112741 |
|  |  | 2107225 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $89,966,011) |  | 93168464 |
| Total Investments - 99.8% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $89,966,011) |  | $93168464 |

---

Percentages are based on Net Assets of $93,335,336

\* Non-income producing security. <br> †† Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. <br> ‡ Real Estate Investment Trust

Cl — Class

MER-QH-001-1000

**ETC 6 Meridian**

**Quality Growth ETF**

Schedule of Investments

February 28, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 99.7%** | **COMMON STOCK<sup>††</sup> — 99.7%** | **COMMON STOCK<sup>††</sup> — 99.7%** |
| **Communication Services — 11.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl A | 15906 | $2708474 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 4679 | 3126508 |
| &nbsp;&nbsp;&nbsp;Pinterest, Cl A\* | 13723 | 507476 |
| &nbsp;&nbsp;&nbsp;Yelp, Cl A\* | 1281 | 43951 |
|  |  | 6386409 |
| **Consumer Discretionary — 5.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Crocs\* | 1194 | 118886 |
| &nbsp;&nbsp;&nbsp;Deckers Outdoor\* | 2899 | 404005 |
| &nbsp;&nbsp;&nbsp;Grand Canyon Education\* | 577 | 103756 |
| &nbsp;&nbsp;&nbsp;H&R Block | 2727 | 148649 |
| &nbsp;&nbsp;&nbsp;Steven Madden | 1354 | 44398 |
| &nbsp;&nbsp;&nbsp;Stride\* | 832 | 113818 |
| &nbsp;&nbsp;&nbsp;TJX | 16253 | 2027724 |
| &nbsp;&nbsp;&nbsp;United Parks & Resorts\* | 620 | 31310 |
| &nbsp;&nbsp;&nbsp;YETI Holdings\* | 1711 | 60980 |
|  |  | 3053526 |
| **Consumer Staples — 5.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Cal-Maine Foods | 846 | 76470 |
| &nbsp;&nbsp;&nbsp;Lancaster Colony | 378 | 72257 |
| &nbsp;&nbsp;&nbsp;Procter & Gamble | 11967 | 2080343 |
| &nbsp;&nbsp;&nbsp;Sysco | 9665 | 730094 |
| &nbsp;&nbsp;&nbsp;WD-40 | 272 | 64905 |
|  |  | 3024069 |
| **Energy — 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Cheniere Energy | 4375 | 999950 |
| &nbsp;&nbsp;&nbsp;Gulfport Energy\* | 243 | 41261 |
| &nbsp;&nbsp;&nbsp;Kinetik Holdings, Cl A | 1982 | 115630 |
| &nbsp;&nbsp;&nbsp;Liberty Energy, Cl A | 3060 | 52846 |
| &nbsp;&nbsp;&nbsp;Magnolia Oil & Gas, Cl A | 4119 | 96426 |
| &nbsp;&nbsp;&nbsp;Texas Pacific Land | 383 | 546905 |
|  |  | 1853018 |
| **Financials — 16.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Apollo Global Management | 8110 | 1210580 |
| &nbsp;&nbsp;&nbsp;Mastercard, Cl A | 4361 | 2513288 |
| &nbsp;&nbsp;&nbsp;Progressive | 7684 | 2166888 |
| &nbsp;&nbsp;&nbsp;Visa, Cl A | 7457 | 2704728 |
|  |  | 8595484 |
| **Health Care — 12.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Alkermes PLC\* | 3228 | 110817 |
| &nbsp;&nbsp;&nbsp;Catalyst Pharmaceuticals\* | 2238 | 51228 |
| &nbsp;&nbsp;&nbsp;Chemed | 290 | 174232 |
| &nbsp;&nbsp;&nbsp;CONMED | 617 | 36508 |
| &nbsp;&nbsp;&nbsp;CorVel\* | 556 | 61310 |
| &nbsp;&nbsp;&nbsp;Exelixis\* | 5299 | 205018 |
| &nbsp;&nbsp;&nbsp;Halozyme Therapeutics\* | 2508 | 148348 |
| &nbsp;&nbsp;&nbsp;IDEXX Laboratories\* | 1524 | 666156 |
| &nbsp;&nbsp;&nbsp;Incyte\* | 3114 | 228879 |
| &nbsp;&nbsp;&nbsp;Inspire Medical Systems\* | 524 | 97249 |
| &nbsp;&nbsp;&nbsp;Intuitive Surgical\* | 3956 | 2267381 |
| &nbsp;&nbsp;&nbsp;Lantheus Holdings\* | 1413 | 132568 |
| &nbsp;&nbsp;&nbsp;Medpace Holdings\* | 517 | 169224 |
| &nbsp;&nbsp;&nbsp;Neurocrine Biosciences\* | 1995 | 236847 |
| &nbsp;&nbsp;&nbsp;Progyny\* | 1525 | 34358 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Health Care — continued** |  |  |
| &nbsp;&nbsp;&nbsp;Protagonist Therapeutics\* | 1073 | $40334 |
| &nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals | 1685 | 1177377 |
| &nbsp;&nbsp;&nbsp;Veeva Systems, Cl A\* | 2784 | 624006 |
|  |  | 6461840 |
| **Industrials — 15.1%** |  |  |
| &nbsp;&nbsp;&nbsp;AAON | 1309 | 100531 |
| &nbsp;&nbsp;&nbsp;Cintas | 6456 | 1339620 |
| &nbsp;&nbsp;&nbsp;Copart\* | 17306 | 948369 |
| &nbsp;&nbsp;&nbsp;CSW Industrials | 274 | 83869 |
| &nbsp;&nbsp;&nbsp;Enerpac Tool Group, Cl A | 1057 | 48907 |
| &nbsp;&nbsp;&nbsp;Expeditors International of Washington | 2769 | 324970 |
| &nbsp;&nbsp;&nbsp;Fastenal | 10747 | 813870 |
| &nbsp;&nbsp;&nbsp;Franklin Electric | 776 | 79268 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works | 5475 | 1445291 |
| &nbsp;&nbsp;&nbsp;Mueller Industries | 2168 | 173830 |
| &nbsp;&nbsp;&nbsp;Old Dominion Freight Line | 3708 | 654462 |
| &nbsp;&nbsp;&nbsp;Paychex | 6143 | 931709 |
| &nbsp;&nbsp;&nbsp;Rollins | 5703 | 298780 |
| &nbsp;&nbsp;&nbsp;WW Grainger | 838 | 855774 |
|  |  | 8099250 |
| **Information Technology — 29.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Adobe\* | 3703 | 1623988 |
| &nbsp;&nbsp;&nbsp;Agilysys\* | 523 | 42358 |
| &nbsp;&nbsp;&nbsp;Appfolio, Cl A\* | 672 | 144144 |
| &nbsp;&nbsp;&nbsp;Apple | 10742 | 2597845 |
| &nbsp;&nbsp;&nbsp;Arista Networks\* | 19044 | 1772044 |
| &nbsp;&nbsp;&nbsp;Autodesk\* | 4164 | 1141810 |
| &nbsp;&nbsp;&nbsp;Badger Meter | 564 | 118626 |
| &nbsp;&nbsp;&nbsp;Clearwater Analytics Holdings, Cl A\* | 5176 | 160974 |
| &nbsp;&nbsp;&nbsp;CommVault Systems\* | 846 | 144294 |
| &nbsp;&nbsp;&nbsp;Datadog, Cl A\* | 6253 | 728787 |
| &nbsp;&nbsp;&nbsp;DocuSign, Cl A\* | 4297 | 357381 |
| &nbsp;&nbsp;&nbsp;Dynatrace\* | 5522 | 316134 |
| &nbsp;&nbsp;&nbsp;Fortinet\* | 12374 | 1336516 |
| &nbsp;&nbsp;&nbsp;Manhattan Associates\* | 1157 | 204650 |
| &nbsp;&nbsp;&nbsp;Microsoft | 5708 | 2266019 |
| &nbsp;&nbsp;&nbsp;Napco Security Technologies | 683 | 16775 |
| &nbsp;&nbsp;&nbsp;NVIDIA | 21874 | 2732500 |
| &nbsp;&nbsp;&nbsp;Qualys\* | 709 | 93205 |
| &nbsp;&nbsp;&nbsp;SPS Commerce\* | 729 | 97103 |
|  |  | 15895153 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $45,020,989) |  | 53368749 |
| Total Investments - 99.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $45,020,989) |  | $53368749 |

---

Percentages are based on Net Assets of $53,538,414.

**ETC 6 Meridian**

**Quality Growth ETF**

Schedule of Investments

February 28, 2025 (Unaudited) (Concluded)

\* Non-income producing security. <br> †† Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting.

Cl — Class <br> PLC — Public Limited Company

MER-QH-001-1000

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** EXCHANGE TRADED CONCEPTS TRUST

- **b. Investment Company Act file number:** 811-22263

- **c. CIK number of Registrant:** 0001452937

- **d. LEI of Registrant:** 549300TXJW88BSB0KL90

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 10900 HEFNER POINTE DRIVE

  - **City:** OKLAHOMA CITY

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 4057788377

**Item A.2. Information about the Series.**

- **a. Name of Series:** ETC 6 Meridian Hedged Equity-Index Option Strategy ETF

- **b. EDGAR series identifier (if any):** S000068546

- **c. LEI of Series:** 549300SFX566SXJXXW60

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-02-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $478363699.66

**Total Liabilities:** $1858493.73

**Net Assets:** $476505205.93

**Cash Not Reported:** $1266783.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219256 | 4.83%                | 3.09%                | -3.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5340911.42              | $11224629.87                               |
| Month 2  | $256828.68               | $15373529.75                               |
| Month 3  | $9736983.77              | $-31961314.73                              |

**Designated Index Information**

- **Index Name:** 6 Meridian Hedged Equity-Index Option Strategy ETF  - ExDerivatives

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                    | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M COMPANY                              | 3M CO COMMON STOCK                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |     39695 | NS      | $6157488.40   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                     | ABBOTT LABORATORIES COMMON STOCK          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               |  | US        |     46332 | NS      | $6394279.32   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                             | ABBVIE INC COMMON STOCK                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               |  | US        |     62606 | NS      | $13086532.18  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                           | ALPHABET INC-CL A COMMON STOCK            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     29583 | NS      | $5037393.24   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                      | ALTRIA GROUP INC COMMON STOCK             | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |    562909 | NS      | $31438467.65  | 6.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                        | AMAZON.COM INC COMMON STOCK               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               |  | US        |     50149 | NS      | $10645629.72  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                | AMERICAN EXPRESS CO COMMON STOCK          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               |  | US        |     18812 | NS      | $5661659.52   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.      | AMERICAN INTERNATIONAL GROUP COMMON STOCK | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               |  | US        |     81442 | NS      | $6754799.48   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                              | APPLE INC COMMON STOCK                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               |  | US        |     26109 | NS      | $6314200.56   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                               | AT&T INC COMMON STOCK                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               |  | US        |    736050 | NS      | $20175130.50  | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation | BANK OF NEW YORK MELLON CORP COMMON STOCK | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               |  | US        |     69878 | NS      | $6215648.10   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC.                   | BOOKING HOLDINGS INC COMMON STOCK         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               |  | US        |      1266 | NS      | $6350268.66   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION       | CAPITAL ONE FINANCIAL CORP COMMON STOCK   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               |  | US        |     29628 | NS      | $5941895.40   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                        | CATERPILLAR INC COMMON STOCK              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               |  | US        |     16467 | NS      | $5663824.65   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                     | CHEVRON CORP COMMON STOCK                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |     79747 | NS      | $12649469.14  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                   | COCA-COLA CO/THE COMMON STOCK             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               |  | US        |     93941 | NS      | $6689538.61   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE COMPANY               | COLGATE-PALMOLIVE CO COMMON STOCK         | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               |  | US        |    136775 | NS      | $12469776.75  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                          | CONOCOPHILLIPS COMMON STOCK               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |     60450 | NS      | $5993617.50   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION            | COSTCO WHOLESALE CORP COMMON STOCK        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               |  | US        |      5918 | NS      | $6205673.98   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & COMPANY                         | DEERE & CO COMMON STOCK                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               |  | US        |     12745 | NS      | $6127668.55   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORPORATION                 | DUKE ENERGY CORP COMMON STOCK             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               |  | US        |    105171 | NS      | $12356540.79  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY                   | ELI LILLY & CO COMMON STOCK               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               |  | US        |      7342 | NS      | $6759265.46   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                 | EXXON MOBIL CORP COMMON STOCK             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |    111180 | NS      | $12377669.40  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                | GE AEROSPACE COMMON STOCK                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               |  | US        |     29162 | NS      | $6035950.76   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                  | GENERAL MOTORS CO COMMON STOCK            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               |  | US        |    124308 | NS      | $6107252.04   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                   | GILEAD SCIENCES INC COMMON STOCK          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     60511 | NS      | $6917012.41   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC.                             | INTUIT INC COMMON STOCK                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               |  | US        |      9907 | NS      | $6081312.88   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                       | JOHNSON & JOHNSON COMMON STOCK            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |     39198 | NS      | $6468453.96   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                    | JPMORGAN CHASE & CO COMMON STOCK          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     22295 | NS      | $5900371.75   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                 | KRAFT HEINZ CO/THE COMMON STOCK           | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |    406641 | NS      | $12487945.11  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION             | LOCKHEED MARTIN CORP COMMON STOCK         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               |  | US        |     13072 | NS      | $5887236.64   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                    | META PLATFORMS INC COMMON STOCK           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |     17070 | NS      | $11406174.00  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                          | MORGAN STANLEY COMMON STOCK               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               |  | US        |     43379 | NS      | $5774178.69   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                           | NETFLIX INC COMMON STOCK                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               |  | US        |      6079 | NS      | $5960824.24   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                      | NVIDIA CORP COMMON STOCK                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |    102059 | NS      | $12749210.28  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                   | PAYPAL HOLDINGS INC COMMON STOCK          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               |  | US        |    133015 | NS      | $9450715.75   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                           | PEPSICO INC COMMON STOCK                  | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               |  | US        |    118852 | NS      | $18240216.44  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                             | PFIZER INC COMMON STOCK                   | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |    227050 | NS      | $6000931.50   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.        | PHILIP MORRIS INTERNATIONAL COMMON STOCK  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               |  | US        |    136996 | NS      | $21272738.88  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY            | PROCTER & GAMBLE CO/THE COMMON STOCK      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |     35278 | NS      | $6132727.52   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                   | QUALCOMM INC COMMON STOCK                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     34968 | NS      | $5495920.56   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION          | SCHWAB (CHARLES) CORP COMMON STOCK        | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               |  | US        |     71959 | NS      | $5722899.27   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP, INC.              | SIMON PROPERTY GROUP INC REIT             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     34330 | NS      | $6388469.70   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SOUTHERN COMPANY                    | SOUTHERN CO/THE COMMON STOCK              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               |  | US        |    141861 | NS      | $12737699.19  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg 1-3 Month T-Bill ETF     | SPDR BLOOMBERG 1-3 MONTH T-B MUTUAL FUND  | CUSIP: 78468R663<br>LEI: N/A                  | Long             | EC               | RF                | US        |    151005 | NS      | $13850178.60  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | SPX US 03/21/25 C6100 SHORT               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -379 | NC      | $-1030880.00  | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | SPX US 03/21/25 C6150 SHORT               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -378 | NC      | $-553770.00   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.             | UNITED PARCEL SERVICE-CL B COMMON STOCK   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               |  | US        |    106973 | NS      | $12732996.19  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                            | US BANCORP COMMON STOCK                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               |  | US        |    253975 | NS      | $11911427.50  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.             | VERIZON COMMUNICATIONS INC COMMON STOCK   | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |    446505 | NS      | $19244365.50  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                            | WALMART INC COMMON STOCK                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |    119615 | NS      | $11795235.15  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                   | WELLS FARGO & CO COMMON STOCK             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |     76177 | NS      | $5966182.64   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-08

**Name of Applicant:** EXCHANGE TRADED CONCEPTS TRUST

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** CCO