# EDGAR Filing Document

**Accession Number:** 0001650149
**File Stem:** 0000894189-25-005160
**Filing Date:** 2025-7
**Character Count:** 4278
**Document Hash:** dc44df3d58a8b1be470de86cdb0dd7ac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-005160.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0000894189-25-005160

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250725

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Series Portfolios Trust
- **CENTRAL INDEX KEY:** 0001650149

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-6620

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**Series Portfolios Trust**

615 East Michigan Street

Milwaukee, Wisconsin 53202

July 25, 2025

Ms. Emily Rowland

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street NE

Washington, DC 20549

---

| | |
|:---|:---|
| **Re:** | **Series Portfolios Trust (the "Trust")**<br>**Equable Shares Hedged Equity ETF (the "Fund")**<br>**File Nos. 333-206240 and 811-23084**<br>|

---

Dear Ms. Rowland:

This correspondence responds to comments that the Trust received from the staff (the "Staff") of the U.S.

Securities and Exchange Commission with respect to Post-Effective Amendment No. 218 to the Trust's

Registration Statement on Form N-1A filed June 3, 2025 (the "Amendment") with respect to the Fund, a series of

the Trust. For your convenience, the comments have been reproduced with a response following each comment.

Capitalized terms not otherwise defined have the same meaning as in the Amendment.

**Comment 1.Please confirm that the Trust will be filing an N-14 with respect to the Reorganization**

**identified in the Prospectus.**

*Response:*The Trust responds by confirming that the Trust will be filing an N-14 Information Statement/

Prospectus with respect to the Reorganization.

**Comment 2.In the narrative discussion immediately preceding the Bar Chart, the disclosure references**

**the Predecessor Fund throughout both paragraphs. Please consider referring to the**

**"Predecessor Fund" as the "Fund" throughout the second paragraph.**

*Response:*The Trust responds by making the requested revision.

**Comment 3.The Staff notes that under the disclosure under the heading "The Trust" on page B-4 of the**

**SAI states the Predecessor Fund commenced operations on June 1, 2019. However, the**

**Predecessor Fund's SAI indicates that between May 29, 2018 and May 15, 2019, the Fund**

**was named Equable Shares Small Cap Fund (Series 2), and between May 15, 2019 and July**

**1, 2020, the Fund was named Equable Shares Large Cap Fund. Please supplementally**

**explain the discrepancy or revise the disclosure.**

*Response:*The Trust responds by supplementally explaining that the Predecessor Fund completed

registration effective March 29, 2018 under the name "Equable Shares Small Cap Fund (Series

2)." However, the Fund did not commence operations until June 1, 2019, by which time it had

been renamed "Equable Shares Large Cap Fund." The Predecessor Fund then, on July 1, 2020,

was renamed "Equable Shares Hedged Equity Fund."

**Comment 4.In the Additional Information Regarding Fundamental Investment Restrictions section, the**

**disclosure indicates that "As a result, the foregoing fundamental investment restrictions**

**may be interpreted differently over time as the statute, rules, regulations, or orders (or, if**

**applicable, interpretations) that relate to the meaning and effect of these policies change, and no shareholder vote will be required or sought when such changes permit or require a**

**resulting change in practice." Please add the following: "unless such a vote is required**

**under the Fund's policies and procedures or under the rules of the applicable federal**

**securities laws."**

*Response:*The Trust responds by making the requested revision.

\* \* \* \* \* \* \*

If you have any questions regarding the above response, please do not hesitate to contact me at 414-516-1652 or

adam.smith6@usbank.com.

Sincerely,

<u>/s/ Adam W. Smith</u>

Adam W. Smith

Secretary

CC: JoAnn Strasser, Thompson Hine LLP