# EDGAR Filing Document

**Accession Number:** 0001849998
**File Stem:** 0001145549-25-046936
**Filing Date:** 2025-7
**Character Count:** 138602
**Document Hash:** e12391f92bf58a22c184f1eea11ec292
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-046936.hdr.sgml**: 20250722

**ACCESSION NUMBER**: 0001145549-25-046936

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250722

**DATE AS OF CHANGE**: 20250722

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes ETF Trust
- **CENTRAL INDEX KEY:** 0001849998

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23730
- **FILM NUMBER:** 251139003

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086
- **BUSINESS PHONE:** 412-288-1900

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086

## Series and Classes Contracts Data

### Federated Hermes MDT Small Cap Core ETF (Series ID: S000085756)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251151 | Federated Hermes MDT Small Cap Core ETF | FSCC            |

## Nport-Ex

Federated Hermes MDT Small Cap Core ETF

Portfolio of Investments

May 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—99.5% |  |
|  | **Communication Services—3.1%** |  |
| &nbsp;&nbsp; 3080<br><sup>1</sup> <br>| AMC Networks, Inc. | &nbsp;&nbsp; $20359 |
| &nbsp;&nbsp; 3608<br><sup>1</sup> <br>| Bumble, Inc. | &nbsp;&nbsp; 20277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 140 | Cable One, Inc. | &nbsp;&nbsp; 20486 |
| &nbsp;&nbsp; 1687 | Cinemark Holdings, Inc. | &nbsp;&nbsp; 56970 |
| &nbsp;&nbsp; 7964<br><sup>1</sup> <br>| Grindr, Inc. | &nbsp;&nbsp; 194481 |
| 26523<br><sup>1</sup> <br>| Lumen Technologies, Inc. | &nbsp;&nbsp; 103970 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416543 |
|  | **Consumer Discretionary—9.0%** |  |
| &nbsp;&nbsp; 2684<br><sup>1</sup> <br>| Adient PLC | &nbsp;&nbsp; 41844 |
| &nbsp;&nbsp; 1057<br><sup>1</sup> <br>| American Public Education, Inc. | &nbsp;&nbsp; 31129 |
| &nbsp;&nbsp; 7641<br><sup>1</sup> <br>| Beyond, Inc. | &nbsp;&nbsp; 48979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 190<br><sup>1</sup> <br>| Brinker International, Inc. | &nbsp;&nbsp; 32800 |
| &nbsp;&nbsp; 9784<br><sup>1</sup> <br>| Chegg, Inc. | &nbsp;&nbsp; 9980 |
| &nbsp;&nbsp; 2057 | Clarus Corp. | &nbsp;&nbsp; 6541 |
| &nbsp;&nbsp; 6466<br><sup>1</sup> <br>| Coursera, Inc. | &nbsp;&nbsp; 57224 |
| &nbsp;&nbsp; 2459<br><sup>1</sup> <br>| European Wax Center, Inc. | &nbsp;&nbsp; 12516 |
| &nbsp;&nbsp; 2923<br><sup>1</sup> <br>| EVgo, Inc. | &nbsp;&nbsp; 11546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11<br><sup>1</sup> <br>| Fox Factory Holding Corp. | &nbsp;&nbsp; 282 |
| &nbsp;&nbsp; 1944<br><sup>1</sup> <br>| Funko, Inc. | &nbsp;&nbsp; 8145 |
| &nbsp;&nbsp; 3438<br><sup>1</sup> <br>| Helen of Troy Ltd. | &nbsp;&nbsp; 92448 |
| &nbsp;&nbsp; 7553<br><sup>1</sup> <br>| iRobot Corp. | &nbsp;&nbsp; 23188 |
| 22956 | Krispy Kreme, Inc. | &nbsp;&nbsp; 66343 |
| &nbsp;&nbsp; 1823<br><sup>1</sup> <br>| Life Time Group Holdings, Inc. | &nbsp;&nbsp; 52138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50 | Murphy USA, Inc. | &nbsp;&nbsp; 21340 |
| &nbsp;&nbsp; 4911<br><sup>1</sup> <br>| National Vision Holdings, Inc. | &nbsp;&nbsp; 97287 |
| &nbsp;&nbsp; 2029<br><sup>1</sup> <br>| ODP Corp./The | &nbsp;&nbsp; 33377 |
| &nbsp;&nbsp; 3363<br><sup>1</sup> <br>| Peloton Interactive, Inc. | &nbsp;&nbsp; 23877 |
| &nbsp;&nbsp; 5472<br><sup>1</sup> <br>| PetMed Express, Inc. | &nbsp;&nbsp; 20246 |
| &nbsp;&nbsp; 2163<br><sup>1</sup> <br>| Revolve Group, Inc. | &nbsp;&nbsp; 44558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 799<br><sup>1</sup> <br>| Rush Street Interactive, Inc. | &nbsp;&nbsp; 10139 |
| &nbsp;&nbsp; 9348<br><sup>1</sup> <br>| Stoneridge, Inc. | &nbsp;&nbsp; 46927 |
| &nbsp;&nbsp; 2418 | Super Group SGHC Ltd. | &nbsp;&nbsp; 21133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 870<br><sup>1</sup> <br>| Taylor Morrison Home Corp. | &nbsp;&nbsp; 48964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 253 | Texas Roadhouse, Inc. | &nbsp;&nbsp; 49388 |
| &nbsp;&nbsp; 1679<br><sup>1</sup> <br>| ThredUp, Inc. | &nbsp;&nbsp; 12089 |
| &nbsp;&nbsp; 6907<br><sup>1</sup> <br>| Udemy, Inc. | &nbsp;&nbsp; 50559 |
| &nbsp;&nbsp; 1865<br><sup>1</sup> <br>| Universal Technical Institute, Inc. | &nbsp;&nbsp; 66263 |
| &nbsp;&nbsp; 1316 | Upbound Group, Inc. | &nbsp;&nbsp; 30189 |
| &nbsp;&nbsp; 1295<br><sup>1</sup> <br>| Victoria's Secret & Co. | &nbsp;&nbsp; 27467 |
| &nbsp;&nbsp; 5703 | Wolverine World Wide, Inc. | &nbsp;&nbsp; 97293 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 1196199 |
|  | **Consumer Staples—4.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 823<br><sup>1</sup> <br>| Bellring Brands, Inc. | &nbsp;&nbsp; 51808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 314 | Energizer Holdings, Inc. | &nbsp;&nbsp; 7313 |
| &nbsp;&nbsp; 7081<br><sup>1</sup> <br>| Hain Celestial Group, Inc. | &nbsp;&nbsp; 13241 |
| &nbsp;&nbsp; 2550<br><sup>1</sup> <br>| Medifast, Inc. | &nbsp;&nbsp; 35879 |
| &nbsp;&nbsp; 2484 | MGP Ingredients, Inc. | &nbsp;&nbsp; 73079 |

---

**1**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Consumer Staples—continued** |  |
| &nbsp;&nbsp; 9176 | Nu Skin Enterprises, Inc., Class A | &nbsp;&nbsp; $79189 |
| &nbsp;&nbsp; 1385<br><sup>1</sup> <br>| Sprouts Farmers Market, Inc. | &nbsp;&nbsp; 239411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 890 | Turning Point Brands, Inc. | &nbsp;&nbsp; 66145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 279<br><sup>1</sup> <br>| United Natural Foods, Inc. | &nbsp;&nbsp; 8529 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 574594 |
|  | **Energy—4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 720 | Archrock, Inc. | &nbsp;&nbsp; 17928 |
| &nbsp;&nbsp; 3051 | Ardmore Shipping Corp. | &nbsp;&nbsp; 29320 |
| &nbsp;&nbsp; 3552<br><sup>1</sup> <br>| CNX Resources Corp. | &nbsp;&nbsp; 114659 |
| &nbsp;&nbsp; 3043<br><sup>1</sup> <br>| DMC Global, Inc. | &nbsp;&nbsp; 19658 |
| &nbsp;&nbsp; 1348<br><sup>1</sup> <br>| Expro Group Holdings NV | &nbsp;&nbsp; 11215 |
| 18669<br><sup>1</sup> <br>| Green Plains, Inc. | &nbsp;&nbsp; 77663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 409 | Kinetik Holdings, Inc. | &nbsp;&nbsp; 18217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 457 | Magnolia Oil & Gas Corp. | &nbsp;&nbsp; 9825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 237 | Murphy Oil Corp. | &nbsp;&nbsp; 4960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 985<br><sup>1</sup> <br>| Nabors Industries Ltd. | &nbsp;&nbsp; 25423 |
| &nbsp;&nbsp; 1837<br><sup>1</sup> <br>| Oil States International, Inc. | &nbsp;&nbsp; 7991 |
| &nbsp;&nbsp; 2888<br><sup>1</sup> <br>| Seadrill Ltd. | &nbsp;&nbsp; 67002 |
| &nbsp;&nbsp; 3261<br><sup>1</sup> <br>| Tidewater, Inc. | &nbsp;&nbsp; 129494 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 533355 |
|  | **Financials—18.6%** |  |
| &nbsp;&nbsp; 1057 | Acadian Asset Management, Inc. | &nbsp;&nbsp; 31826 |
| &nbsp;&nbsp; 2733 | Amalgamated Financial Corp. | &nbsp;&nbsp; 82591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73 | BancFirst Corp. | &nbsp;&nbsp; 9031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 598 | Banco Latinoamericano de Comercio Exterior SA, Class E | &nbsp;&nbsp; 24530 |
| &nbsp;&nbsp; 5108 | BankUnited, Inc. | &nbsp;&nbsp; 173570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 263 | Bread Financial Holdings, Inc. | &nbsp;&nbsp; 13476 |
| 12081 | BrightSpire Capital, Inc. | &nbsp;&nbsp; 61130 |
| &nbsp;&nbsp; 4199 | Byline Bancorp, Inc. | &nbsp;&nbsp; 108628 |
| &nbsp;&nbsp; 2677<br><sup>1</sup> <br>| Cantaloupe, Inc. | &nbsp;&nbsp; 22407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 505 | Capital Bancorp, Inc. | &nbsp;&nbsp; 16312 |
| &nbsp;&nbsp; 3974 | CNO Financial Group, Inc. | &nbsp;&nbsp; 150853 |
| &nbsp;&nbsp; 2560 | Compass Diversified Trust | &nbsp;&nbsp; 17203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 727<br><sup>1</sup> <br>| Customers Bancorp, Inc. | &nbsp;&nbsp; 37048 |
| &nbsp;&nbsp; 1085 | Employers Holdings, Inc. | &nbsp;&nbsp; 52807 |
| &nbsp;&nbsp; 3008 | FB Financial Corp. | &nbsp;&nbsp; 131299 |
| &nbsp;&nbsp; 1268 | First Business Financial Services, Inc. | &nbsp;&nbsp; 61840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 141 | First Mid-Illinois Bancshares, Inc. | &nbsp;&nbsp; 4975 |
| &nbsp;&nbsp; 1465<br><sup>1</sup> <br>| Flywire Corp. | &nbsp;&nbsp; 15749 |
| &nbsp;&nbsp; 2088 | Fulton Financial Corp. | &nbsp;&nbsp; 36018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36<br><sup>1</sup> <br>| Green Dot Corp. | &nbsp;&nbsp; 333 |
| &nbsp;&nbsp; 2899<br><sup>1</sup> <br>| Hamilton Insurance Group Ltd. | &nbsp;&nbsp; 63082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 199 | Hancock Whitney Corp. | &nbsp;&nbsp; 10879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 162 | HCI Group, Inc. | &nbsp;&nbsp; 27341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 615 | Hometrust Bancshares, Inc. | &nbsp;&nbsp; 22195 |
| &nbsp;&nbsp; 1684 | Jackson Financial, Inc. | &nbsp;&nbsp; 137936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 402<br><sup>1</sup> <br>| Lemonade, Inc. | &nbsp;&nbsp; 13467 |
| &nbsp;&nbsp; 4123<br><sup>1</sup> <br>| LendingClub Corp. | &nbsp;&nbsp; 41354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 987<br><sup>1</sup> <br>| LendingTree, Inc. | &nbsp;&nbsp; 34565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 629 | Mercantile Bank Corp. | &nbsp;&nbsp; 27777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 773 | Mercury General Corp. | &nbsp;&nbsp; 49843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 490 | Midland States Bancorp, Inc. | &nbsp;&nbsp; 8271 |

---

**2**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Financials—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 285 | Moelis & Co. | &nbsp;&nbsp; $16276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 712<br><sup>1</sup> <br>| NCR Atleos Corp. | &nbsp;&nbsp; 18875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 581<br><sup>1</sup> <br>| NMI Holdings, Inc. | &nbsp;&nbsp; 23077 |
| &nbsp;&nbsp; 1531 | OFG Bancorp. | &nbsp;&nbsp; 62985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 642<br><sup>1</sup> <br>| Palomar Holdings, Inc. | &nbsp;&nbsp; 110084 |
| &nbsp;&nbsp; 1240<br><sup>1</sup> <br>| Payoneer Global, Inc. | &nbsp;&nbsp; 8444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 569 | Peapack-Gladstone Financial Corp. | &nbsp;&nbsp; 15602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 120 | Preferred Bank Los Angeles, CA | &nbsp;&nbsp; 10033 |
| &nbsp;&nbsp; 1001 | RLI Corp. | &nbsp;&nbsp; 76947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77<br><sup>1</sup> <br>| Root, Inc. | &nbsp;&nbsp; 10086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 196 | ServisFirst Bancshares, Inc. | &nbsp;&nbsp; 14588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 927 | Sierra Bancorp | &nbsp;&nbsp; 25372 |
| &nbsp;&nbsp; 3522<br><sup>1</sup> <br>| Siriuspoint Ltd. | &nbsp;&nbsp; 68996 |
| &nbsp;&nbsp; 3320<br><sup>1</sup> <br>| Skyward Specialty Insurance Group, Inc. | &nbsp;&nbsp; 210322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 486<br><sup>1</sup> <br>| StoneCo Ltd. | &nbsp;&nbsp; 6634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 365<br><sup>1</sup> <br>| Texas Capital Bancshares, Inc. | &nbsp;&nbsp; 26167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 811 | The Bank of NT Butterfield & Son Ltd. | &nbsp;&nbsp; 34192 |
| &nbsp;&nbsp; 3076 | Trustmark Corp. | &nbsp;&nbsp; 105999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | UMB Financial Corp. | &nbsp;&nbsp; 35473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 304 | Universal Insurance Holdings, Inc. | &nbsp;&nbsp; 8251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 413<br><sup>1</sup> <br>| Upstart Holdings, Inc. | &nbsp;&nbsp; 19481 |
| &nbsp;&nbsp; 1217 | Victory Capital Holdings, Inc. | &nbsp;&nbsp; 75466 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 2471686 |
|  | **Health Care—16.7%** |  |
| 11599<br><sup>1</sup> <br>| 4D Molecular Therapeutics, Inc. | &nbsp;&nbsp; 41988 |
| &nbsp;&nbsp; 3181<br><sup>1</sup> <br>| ADMA Biologics, Inc. | &nbsp;&nbsp; 63111 |
| 11799<br><sup>1</sup> <br>| Akebia Therapeutics, Inc. | &nbsp;&nbsp; 35751 |
| &nbsp;&nbsp; 3943<br><sup>1</sup> <br>| Alignment Healthcare, Inc. | &nbsp;&nbsp; 60604 |
| &nbsp;&nbsp; 6535<br><sup>1</sup> <br>| Altimmune, Inc. | &nbsp;&nbsp; 35485 |
| &nbsp;&nbsp; 3774<br><sup>1</sup> <br>| AMN Healthcare Services, Inc. | &nbsp;&nbsp; 79669 |
| &nbsp;&nbsp; 5592<br><sup>1</sup> <br>| Amylyx Pharmaceuticals, Inc. | &nbsp;&nbsp; 28799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 255<br><sup>1</sup> <br>| Arcellx, Inc. | &nbsp;&nbsp; 15825 |
| &nbsp;&nbsp; 2820<br><sup>1</sup> <br>| Arcutis Biotherapeutics, Inc. | &nbsp;&nbsp; 36773 |
| &nbsp;&nbsp; 5586<br><sup>1</sup> <br>| Arvinas, Inc. | &nbsp;&nbsp; 40219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 728<br><sup>1</sup> <br>| Avadel Pharmaceuticals PLC | &nbsp;&nbsp; 6632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 305<br><sup>1</sup> <br>| Axsome Therapeutics, Inc. | &nbsp;&nbsp; 32074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 495<br><sup>1</sup> <br>| BioCryst Pharmaceuticals, Inc. | &nbsp;&nbsp; 5321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 406<br><sup>1</sup> <br>| Bridgebio Pharma, Inc. | &nbsp;&nbsp; 13905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 766<br><sup>1</sup> <br>| BrightSpring Health Services, Inc. | &nbsp;&nbsp; 18238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 898<br><sup>1</sup> <br>| CareDx, Inc. | &nbsp;&nbsp; 15257 |
| &nbsp;&nbsp; 1280<br><sup>1</sup> <br>| Catalyst Pharmaceutical Partners, Inc. | &nbsp;&nbsp; 31949 |
| &nbsp;&nbsp; 2998<br><sup>1</sup> <br>| Codexis, Inc. | &nbsp;&nbsp; 6895 |
| &nbsp;&nbsp; 2721<br><sup>1</sup> <br>| Edgewise Therapeutics, Inc. | &nbsp;&nbsp; 38856 |
| &nbsp;&nbsp; 2104<br><sup>1</sup> <br>| Emergent BioSolutions, Inc. | &nbsp;&nbsp; 13297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 811<br><sup>1</sup> <br>| Enliven Therapeutics, Inc. | &nbsp;&nbsp; 14411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 870<br><sup>1</sup> <br>| Entrada Therapeutics, Inc. | &nbsp;&nbsp; 6612 |
| &nbsp;&nbsp; 3637<br><sup>1</sup> <br>| Evolent Health, Inc. | &nbsp;&nbsp; 27096 |
| &nbsp;&nbsp; 6766<br><sup>1</sup> <br>| EyePoint Pharmaceuticals, Inc. | &nbsp;&nbsp; 48986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 101<br><sup>1</sup> <br>| Glaukos Corp. | &nbsp;&nbsp; 9523 |
| &nbsp;&nbsp; 1052<br><sup>1</sup> <br>| Guardant Health, Inc. | &nbsp;&nbsp; 42732 |
| &nbsp;&nbsp; 2080<br><sup>1</sup> <br>| Halozyme Therapeutics, Inc. | &nbsp;&nbsp; 116626 |
| &nbsp;&nbsp; 2038<br><sup>1</sup> <br>| Harmony Biosciences Holdings, Inc. | &nbsp;&nbsp; 70311 |

---

**3**

------

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| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Health Care—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 241<br><sup>1</sup> <br>| Hims & Hers Health, Inc. | &nbsp;&nbsp; $13631 |
| &nbsp;&nbsp; 5072<br><sup>1</sup> <br>| Inogen, Inc. | &nbsp;&nbsp; 32588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 716<br><sup>1</sup> <br>| Insmed, Inc. | &nbsp;&nbsp; 49927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 343<br><sup>1</sup> <br>| iRhythm Technologies, Inc. | &nbsp;&nbsp; 48191 |
| &nbsp;&nbsp; 4261<br><sup>1</sup> <br>| Keros Therapeutics, Inc. | &nbsp;&nbsp; 60293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 304<br><sup>1</sup> <br>| Krystal Biotech, Inc. | &nbsp;&nbsp; 38292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 435 | LeMaitre Vascular, Inc. | &nbsp;&nbsp; 35757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 937<br><sup>1</sup> <br>| Livanova PLC | &nbsp;&nbsp; 40525 |
| 10525<br><sup>1</sup> <br>| Mannkind Corp. | &nbsp;&nbsp; 43679 |
| &nbsp;&nbsp; 2386<br><sup>1</sup> <br>| Mirum Pharmaceuticals, Inc. | &nbsp;&nbsp; 106082 |
| &nbsp;&nbsp; 9435<br><sup>1</sup> <br>| Myriad Genetics, Inc. | &nbsp;&nbsp; 39533 |
| &nbsp;&nbsp; 5836<br><sup>1</sup> <br>| Neogen Corp. | &nbsp;&nbsp; 34199 |
| &nbsp;&nbsp; 2208<br><sup>1</sup> <br>| NeoGenomics, Inc. | &nbsp;&nbsp; 16074 |
| &nbsp;&nbsp; 2670<br><sup>1</sup> <br>| Omnicell, Inc. | &nbsp;&nbsp; 81088 |
| &nbsp;&nbsp; 1152<br><sup>1</sup> <br>| Pediatrix Medical Group, Inc. | &nbsp;&nbsp; 16301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 367 | Phibro Animal Health Corp. | &nbsp;&nbsp; 8962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 336<br><sup>1</sup> <br>| PROCEPT BioRobotics Corp. | &nbsp;&nbsp; 19488 |
| &nbsp;&nbsp; 8789<br><sup>1</sup> <br>| Prothena Corp. PLC | &nbsp;&nbsp; 40342 |
| &nbsp;&nbsp; 1417<br><sup>1</sup> <br>| Rhythm Pharmaceuticals, Inc. | &nbsp;&nbsp; 86905 |
| &nbsp;&nbsp; 8440<br><sup>1</sup> <br>| SAGE Therapeutics, Inc. | &nbsp;&nbsp; 54522 |
| &nbsp;&nbsp; 2643 | Siga Technologies, Inc. | &nbsp;&nbsp; 15805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 220<br><sup>1</sup> <br>| Staar Surgical Co. | &nbsp;&nbsp; 3918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 314<br><sup>1</sup> <br>| Supernus Pharmaceuticals, Inc. | &nbsp;&nbsp; 9954 |
| &nbsp;&nbsp; 3798<br><sup>1</sup> <br>| Tactile Systems Technology, Inc. | &nbsp;&nbsp; 37524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 320<br><sup>1</sup> <br>| Tarsus Pharmaceuticals, Inc. | &nbsp;&nbsp; 13744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 569<br><sup>1</sup> <br>| Tg Therapeutics, Inc. | &nbsp;&nbsp; 19978 |
| &nbsp;&nbsp; 1979<br><sup>1</sup> <br>| Travere Therapeutics, Inc. | &nbsp;&nbsp; 29725 |
| &nbsp;&nbsp; 3079<br><sup>1</sup> <br>| TruBridge, Inc. | &nbsp;&nbsp; 73680 |
| &nbsp;&nbsp; 2468<br><sup>1</sup> <br>| Vanda Pharmaceuticals, Inc. | &nbsp;&nbsp; 10711 |
| &nbsp;&nbsp; 1563<br><sup>1</sup> <br>| Varex Imaging Corp. | &nbsp;&nbsp; 11988 |
| &nbsp;&nbsp; 3371<br><sup>1</sup> <br>| Waystar Holding Corp. | &nbsp;&nbsp; 134773 |
| &nbsp;&nbsp; 3771<br><sup>1</sup> <br>| Xeris Biopharma Holdings, Inc. | &nbsp;&nbsp; 18629 |
| &nbsp;&nbsp; 7634<br><sup>1</sup> <br>| Zentalis Pharmaceuticals, Inc. | &nbsp;&nbsp; 9237 |
| &nbsp;&nbsp; 1144<br><sup>1</sup> <br>| Zymeworks, Inc. | &nbsp;&nbsp; 13076 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 2226066 |
|  | **Industrials—17.7%** |  |
| &nbsp;&nbsp; 1577 | Allegiant Travel Co. | &nbsp;&nbsp; 87650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 890 | ArcBest Corp. | &nbsp;&nbsp; 55794 |
| &nbsp;&nbsp; 1184<br><sup>1</sup> <br>| Array Technologies, Inc. | &nbsp;&nbsp; 7814 |
| &nbsp;&nbsp; 1746 | Atkore, Inc. | &nbsp;&nbsp; 113665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 880 | Atmus Filtration Technologies, Inc. | &nbsp;&nbsp; 31698 |
| &nbsp;&nbsp; 1683<br><sup>1</sup> <br>| Blue Bird Corp. | &nbsp;&nbsp; 65132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 159 | Boise Cascade Co. | &nbsp;&nbsp; 13814 |
| &nbsp;&nbsp; 3805<br><sup>1</sup> <br>| BrightView Holdings, Inc. | &nbsp;&nbsp; 59282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 123<br><sup>1</sup> <br>| Casella Waste Systems, Inc. | &nbsp;&nbsp; 14417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47 | Comfort Systems USA, Inc. | &nbsp;&nbsp; 22477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 565<br><sup>1</sup> <br>| Construction Partners, Inc. | &nbsp;&nbsp; 59150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 777<br><sup>1</sup> <br>| CoreCivic, Inc. | &nbsp;&nbsp; 17063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45 | CSW Industrials, Inc. | &nbsp;&nbsp; 13761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 261 | Emcor Group, Inc. | &nbsp;&nbsp; 123155 |
| &nbsp;&nbsp; 7955<br><sup>1</sup> <br>| Fluence Energy, Inc. | &nbsp;&nbsp; 37388 |
| &nbsp;&nbsp; 2913<br><sup>1</sup> <br>| Fluor Corp. | &nbsp;&nbsp; 121123 |

---

**4**

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| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Industrials—continued** |  |
| &nbsp;&nbsp; 2653<br><sup>1</sup> <br>| Forrester Research, Inc. | &nbsp;&nbsp; $28201 |
| &nbsp;&nbsp; 6526<br><sup>1</sup> <br>| Fuelcell Energy, Inc. | &nbsp;&nbsp; 33348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 746 | Griffon Corp. | &nbsp;&nbsp; 51287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 918 | Hillenbrand, Inc. | &nbsp;&nbsp; 17938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 926<br><sup>1</sup> <br>| Hurco Co., Inc. | &nbsp;&nbsp; 13547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 382<br><sup>1</sup> <br>| Huron Consulting Group, Inc. | &nbsp;&nbsp; 54561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 833 | Hyster-Yale, Inc. | &nbsp;&nbsp; 33453 |
| 15865<br><sup>1</sup> <br>| JELD-WEN Holding, Inc. | &nbsp;&nbsp; 57907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 977 | Kelly Services, Inc., Class A | &nbsp;&nbsp; 11450 |
| &nbsp;&nbsp; 1134<br><sup>1</sup> <br>| Legalzoom.com, Inc. | &nbsp;&nbsp; 10353 |
| &nbsp;&nbsp; 1964 | Leonardo DRS, Inc. | &nbsp;&nbsp; 83077 |
| &nbsp;&nbsp; 2459<br><sup>1</sup> <br>| Manitowoc, Inc. | &nbsp;&nbsp; 25844 |
| &nbsp;&nbsp; 6300 | Mueller Water Products, Inc. | &nbsp;&nbsp; 154539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 279 | Park-Ohio Holdings Corp. | &nbsp;&nbsp; 5106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 327<br><sup>1</sup> <br>| Parsons Corp. | &nbsp;&nbsp; 21203 |
| &nbsp;&nbsp; 2924 | Pitney Bowes, Inc. | &nbsp;&nbsp; 30117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 522 | Powell Industries, Inc. | &nbsp;&nbsp; 88526 |
| &nbsp;&nbsp; 2160 | Primoris Services Corp. | &nbsp;&nbsp; 155758 |
| &nbsp;&nbsp; 2252<br><sup>1</sup> <br>| Redwire Corp | &nbsp;&nbsp; 32226 |
| &nbsp;&nbsp; 4663<br><sup>1</sup> <br>| Resideo Technologies, Inc. | &nbsp;&nbsp; 96524 |
| &nbsp;&nbsp; 1536 | REV Group, Inc. | &nbsp;&nbsp; 57585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 674<br><sup>1</sup> <br>| Rocket Lab Corp. | &nbsp;&nbsp; 18056 |
| &nbsp;&nbsp; 3228<br><sup>1</sup> <br>| Shoals Technologies Group, Inc. | &nbsp;&nbsp; 15236 |
| &nbsp;&nbsp; 1266<br><sup>1</sup> <br>| SkyWest, Inc. | &nbsp;&nbsp; 128436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 174<br><sup>1</sup> <br>| Sterling Construction Co., Inc. | &nbsp;&nbsp; 32714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | Tennant Co. | &nbsp;&nbsp; 13917 |
| &nbsp;&nbsp; 1479 | The Shyft Group, Inc. | &nbsp;&nbsp; 15515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 184<br><sup>1</sup> <br>| Thermon Group Holdings, Inc. | &nbsp;&nbsp; 4773 |
| &nbsp;&nbsp; 1886<br><sup>1</sup> <br>| TrueBlue, Inc. | &nbsp;&nbsp; 11316 |
| 21948 | TTEC Holdings, Inc. | &nbsp;&nbsp; 107765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 255<br><sup>1</sup> <br>| V2X, Inc. | &nbsp;&nbsp; 11546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 371<br><sup>1</sup> <br>| Vicor Corp. | &nbsp;&nbsp; 16190 |
| &nbsp;&nbsp; 5158 | Wabash National Corp. | &nbsp;&nbsp; 44720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 154 | Watts Industries, Inc., Class A | &nbsp;&nbsp; 37286 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 2363403 |
|  | **Information Technology—14.3%** |  |
| &nbsp;&nbsp; 4495<br><sup>1</sup> <br>| Adtran Holdings, Inc. | &nbsp;&nbsp; 36095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35<br><sup>1</sup> <br>| AppFolio, Inc. | &nbsp;&nbsp; 7391 |
| &nbsp;&nbsp; 1843<br><sup>1</sup> <br>| Arteris, Inc. | &nbsp;&nbsp; 14320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 590<br><sup>1</sup> <br>| ASGN, Inc. | &nbsp;&nbsp; 31158 |
| &nbsp;&nbsp; 5226<br><sup>1</sup> <br>| Aurora Innovation, Inc. | &nbsp;&nbsp; 31670 |
| &nbsp;&nbsp; 4462<br><sup>1</sup> <br>| AvePoint, Inc. | &nbsp;&nbsp; 83216 |
| &nbsp;&nbsp; 1370<br><sup>1</sup> <br>| Axcelis Technologies, Inc. | &nbsp;&nbsp; 77186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 373<br><sup>1</sup> <br>| Blackline, Inc. | &nbsp;&nbsp; 20862 |
| &nbsp;&nbsp; 2826<br><sup>1</sup> <br>| C3.AI, Inc. | &nbsp;&nbsp; 75143 |
| &nbsp;&nbsp; 1624 | Clear Secure, Inc. | &nbsp;&nbsp; 40194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 466<br><sup>1</sup> <br>| Clearwater Analytics Holdings, Inc. | &nbsp;&nbsp; 10765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 896<br><sup>1</sup> <br>| Cohu, Inc. | &nbsp;&nbsp; 15295 |
| &nbsp;&nbsp; 7658<br><sup>1</sup> <br>| Extreme Networks, Inc. | &nbsp;&nbsp; 120001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 519<br><sup>1</sup> <br>| FormFactor, Inc. | &nbsp;&nbsp; 15492 |
| &nbsp;&nbsp; 1093<br><sup>1</sup> <br>| Intapp, Inc. | &nbsp;&nbsp; 60246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80 | InterDigital, Inc. | &nbsp;&nbsp; 17381 |

---

**5**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Information Technology—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 876<br><sup>1</sup> <br>| Life360, Inc. | &nbsp;&nbsp; $55670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 481<br><sup>1</sup> <br>| LiveRamp Holdings, Inc. | &nbsp;&nbsp; 15671 |
| &nbsp;&nbsp; 2509<br><sup>1</sup> <br>| MaxLinear, Inc. | &nbsp;&nbsp; 28578 |
| 14544 | Methode Electronics, Inc., Class A | &nbsp;&nbsp; 115625 |
| &nbsp;&nbsp; 1557 | Napco Security Technologies, Inc. | &nbsp;&nbsp; 43440 |
| &nbsp;&nbsp; 1079<br><sup>1</sup> <br>| NetScout Systems, Inc. | &nbsp;&nbsp; 24644 |
| &nbsp;&nbsp; 6359<br><sup>1</sup> <br>| ON24, Inc. | &nbsp;&nbsp; 36183 |
| &nbsp;&nbsp; 2394<br><sup>1</sup> <br>| Pagaya Technologies Ltd. | &nbsp;&nbsp; 39357 |
| &nbsp;&nbsp; 1221<br><sup>1</sup> <br>| PROS Holdings, Inc. | &nbsp;&nbsp; 21477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 372<br><sup>1</sup> <br>| Q2 Holdings, Inc. | &nbsp;&nbsp; 32557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 212<br><sup>1</sup> <br>| Qualys, Inc. | &nbsp;&nbsp; 29373 |
| &nbsp;&nbsp; 5554<br><sup>1</sup> <br>| Rackspace Technology, Inc. | &nbsp;&nbsp; 6332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 385<br><sup>1</sup> <br>| Rogers Corp. | &nbsp;&nbsp; 25629 |
| &nbsp;&nbsp; 1358 | Sapiens International Corp. NV | &nbsp;&nbsp; 38975 |
| &nbsp;&nbsp; 1587<br><sup>1</sup> <br>| Semrush Holdings, Inc. | &nbsp;&nbsp; 15616 |
| 10938<br><sup>1</sup> <br>| Sprinklr, Inc. | &nbsp;&nbsp; 92317 |
| &nbsp;&nbsp; 4023<br><sup>1</sup> <br>| Sprout Social, Inc. | &nbsp;&nbsp; 87822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52<br><sup>1</sup> <br>| SPS Commerce, Inc. | &nbsp;&nbsp; 7320 |
| &nbsp;&nbsp; 1052<br><sup>1</sup> <br>| Tenable Holdings, Inc. | &nbsp;&nbsp; 33895 |
| &nbsp;&nbsp; 7546<br><sup>1</sup> <br>| Unisys Corp. | &nbsp;&nbsp; 35994 |
| &nbsp;&nbsp; 6622<br><sup>1</sup> <br>| Veeco Instruments, Inc. | &nbsp;&nbsp; 127871 |
| &nbsp;&nbsp; 2045<br><sup>1</sup> <br>| Verint Systems, Inc. | &nbsp;&nbsp; 35869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 794<br><sup>1</sup> <br>| Viant Technology, Inc. | &nbsp;&nbsp; 10949 |
| &nbsp;&nbsp; 4296<br><sup>1</sup> <br>| ViaSat, Inc. | &nbsp;&nbsp; 37504 |
| &nbsp;&nbsp; 2373<br><sup>1</sup> <br>| Weave Communications, Inc. | &nbsp;&nbsp; 22899 |
| 30648 | Xerox Holdings Corp. | &nbsp;&nbsp; 149869 |
| 11397<br><sup>1</sup> <br>| Yext, Inc. | &nbsp;&nbsp; 76474 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 1904325 |
|  | **Materials—4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 252<br><sup>1</sup> <br>| Alpha Metallurgical Resources, Inc. | &nbsp;&nbsp; 28234 |
| 12121<br><sup>1</sup> <br>| Aspen Aerogels, Inc. | &nbsp;&nbsp; 69817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 657 | Commercial Metals Corp. | &nbsp;&nbsp; 30610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 599<br><sup>1</sup> <br>| Compass Minerals International, Inc. | &nbsp;&nbsp; 11507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 759<br><sup>1</sup> <br>| Knife River Corp. | &nbsp;&nbsp; 71422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 454 | Koppers Holdings, Inc. | &nbsp;&nbsp; 13947 |
| &nbsp;&nbsp; 1128 | Mativ Holdings, Inc. | &nbsp;&nbsp; 6452 |
| &nbsp;&nbsp; 9799<br><sup>1</sup> <br>| Rayonier Advanced Materials, Inc. | &nbsp;&nbsp; 37726 |
| 13688<br><sup>1</sup> <br>| SSR Mining, Inc. | &nbsp;&nbsp; 161929 |
| &nbsp;&nbsp; 5882 | SunCoke Energy, Inc. | &nbsp;&nbsp; 47879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 106 | Sylvamo Corp. | &nbsp;&nbsp; 5615 |
| &nbsp;&nbsp; 8826 | Trox Holdings PLC | &nbsp;&nbsp; 50132 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535270 |
|  | **Real Estate—5.4%** |  |
| &nbsp;&nbsp; 1128 | Alexander and Baldwin, Inc. | &nbsp;&nbsp; 20202 |
| &nbsp;&nbsp; 5850 | American Healthcare REIT, Inc. | &nbsp;&nbsp; 204399 |
| 23064 | Brandywine Realty Trust | &nbsp;&nbsp; 97561 |
| &nbsp;&nbsp; 3147<br><sup>1</sup> <br>| Cushman & Wakefield PLC | &nbsp;&nbsp; 31564 |
| &nbsp;&nbsp; 1448 | Essential Properties Realty Trust, Inc. | &nbsp;&nbsp; 47060 |
| &nbsp;&nbsp; 1011 | Independence Realty Trust, Inc. | &nbsp;&nbsp; 18795 |
| &nbsp;&nbsp; 7460 | Newmark Group, Inc. | &nbsp;&nbsp; 82135 |
| &nbsp;&nbsp; 2691 | Outfront Media, Inc. | &nbsp;&nbsp; 44455 |
| &nbsp;&nbsp; 5733<br><sup>1</sup> <br>| Real Brokerage, Inc./The | &nbsp;&nbsp; 23620 |

---

**6**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Real Estate—continued** |  |
| &nbsp;&nbsp; 3104 | RMR Group, Inc./The | &nbsp;&nbsp; $46870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 854 | SL Green Realty Corp. | &nbsp;&nbsp; 48482 |
| &nbsp;&nbsp; 1259 | Tanger, Inc. | &nbsp;&nbsp; 37518 |
| &nbsp;&nbsp; 1181 | Whitestone Project | &nbsp;&nbsp; 14550 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 717211 |
|  | **Utilities—2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 460 | Avista Corp. | &nbsp;&nbsp; 17715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | Black Hills Corp. | &nbsp;&nbsp; 14208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 878 | California Water Service Group | &nbsp;&nbsp; 41485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78 | Chesapeake Utilities Corp. | &nbsp;&nbsp; 9531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 302 | H2O America | &nbsp;&nbsp; 15849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 448<br><sup>1</sup> <br>| Hawaiian Electric Industries, Inc. | &nbsp;&nbsp; 4785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 351 | ONE Gas, Inc. | &nbsp;&nbsp; 26241 |
| &nbsp;&nbsp; 1344 | Otter Tail Corp. | &nbsp;&nbsp; 103730 |
| &nbsp;&nbsp; 2133 | Portland General Electric Co. | &nbsp;&nbsp; 90439 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 323983 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENT IN SECURITIES—99.5% <br>(IDENTIFIED COST $13,293,494)<br>| &nbsp;&nbsp; 13262635 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; OTHER ASSETS AND LIABILITIES - NET—0.5%<sup>2</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63444 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; NET ASSETS—100% | &nbsp;&nbsp; $13326079 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

1 *Non-income-producing security.* <br> 2 *Assets, other than investments in securities, less liabilities.*

Note: The categories of investments are shown as a percentage of net assets at May 31, 2025.

**Investment Valuation** 

In calculating its net asset value (NAV), the Fund generally values investments as follows:

■ Equity securities or ETFs listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market.

■ Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs, or NAV per share practical expedient, as applicable.

■ For securities that are fair valued in accordance with procedures established by and under the general supervision of Federated MDTA LLC (the "Adviser"), certain factors may be considered, such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer's financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.

If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Adviser's valuation policies and procedures for the Fund, or if information furnished by a pricing service, in the opinion of the Adviser's valuation committee ("Valuation Committee") is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different. The trading prices of the Fund's shares listed on its exchange may differ from the Fund's NAV and will normally be affected by market forces, such as supply and demand, economic conditions, the market value of the Fund's disclosed portfolio holdings and other factors. As a result, trading prices may be lower, higher or the same as the Fund's NAV; and investors may pay more than NAV when buying shares and receive less than NAV when selling shares through the exchange.

**Fair Valuation and Significant Events Procedures** 

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, the Fund's Board of Trustees (the "Trustees") has designated the Adviser as the Fund's valuation designee to perform any fair value determinations for securities and other assets held by the Fund. The Adviser is subject to the Trustees' oversight and certain reporting and other requirements intended to provide the Trustees the information needed to oversee the Adviser's fair value determinations.

The Adviser, acting through its Valuation Committee, is responsible for determining the fair value of investments for which market quotations are not readily available. The Valuation Committee is comprised of officers of the Adviser and certain of the Adviser's affiliated companies and determines fair value and oversees the calculation of the NAV. The Valuation Committee is also authorized to use pricing services to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The

**7**

------

Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services' policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services, and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Adviser. The Trustees periodically review the fair valuations made by the Valuation Committee. The Trustees have also approved the Adviser's fair valuation and significant events procedures as part of the Fund's compliance program and will review any changes made to the procedures.

Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a "bid" evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and ask for the investment (a "mid" evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Adviser.

The Adviser has also adopted procedures requiring an investment to be priced at its fair value whenever the Valuation Committee determines that a significant event affecting the value of the investment has occurred between the time as of which the price of the investment would otherwise be determined and the time as of which the NAV is computed. An event is considered significant if there is both an affirmative expectation that the investment's value will change in response to the event and a reasonable basis for quantifying the resulting change in value. Examples of significant events that may occur after the close of the principal market on which a security is traded, or after the time of a price evaluation provided by a pricing service or a dealer, include:

■ With respect to securities traded principally in foreign markets, significant trends in U.S. equity markets or in the trading of foreign securities index futures contracts;

■ Political or other developments affecting the economy or markets in which an issuer conducts its operations or its securities are traded;

■ Announcements concerning matters such as acquisitions, recapitalizations, litigation developments, or a natural disaster affecting the issuer's operations or regulatory changes or market developments affecting the issuer's industry.

The Adviser has adopted procedures whereby the Valuation Committee uses a pricing service to provide factors to update the fair value of equity securities traded principally in foreign markets from the time of the close of their respective foreign stock exchanges to the pricing time of the Fund. For other significant events, the Fund may seek to obtain more current quotations or price evaluations from alternative pricing sources. If a reliable alternative pricing source is not available, the Valuation Committee will determine the fair value of the investment in accordance with the fair valuation procedures approved by the Adviser. The Trustees periodically review fair valuations made in response to significant events.

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:

Level 1—quoted prices in active markets for identical securities.

Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.

Level 3—significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

As of May 31, 2025, all investments of the Fund utilized Level 1 inputs in valuing the Fund's assets carried at fair value.

The following acronym(s) are used throughout this portfolio: <br> REIT —Real Estate Investment Trust

**8**

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes ETF Trust

- **b. Investment Company Act file number:** 811-23730

- **c. CIK number of Registrant:** 0001849998

- **d. LEI of Registrant:** 2549000FKW49U2D1SG36

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 800-341-7400

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

- **a. Name of Series:** Federated Hermes MDT Small Cap Core ETF

- **b. EDGAR series identifier (if any):** S000085756

- **c. LEI of Series:** 254900MFHKAF2Q0WXB31

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**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:** $13330175.83

**Total Liabilities:** $4096.68

**Net Assets:** $13326079.15

**Cash Not Reported:** $60505.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251151 | -7.34%               | -1.79%               | 6.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-291554.76              | $-624410.26                                |
| Month 2  | $-412731.84              | $205280.91                                 |
| Month 3  | $23682.32                | $792792.03                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Emergent BioSolutions Inc      | Emergent BioSolutions Inc                     | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |      2104 | NS      | $13297.28     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc               | InterDigital Inc                              | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        80 | NS      | $17380.80     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals Inc   | Supernus Pharmaceuticals Inc                  | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |       314 | NS      | $9953.80      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc        | Axsome Therapeutics Inc                       | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |       305 | NS      | $32073.80     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc      | Halozyme Therapeutics Inc                     | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      2080 | NS      | $116625.60    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc           | Extreme Networks Inc                          | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |      7658 | NS      | $120000.86    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                | Murphy Oil Corp                               | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |       237 | NS      | $4960.41      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc         | Energizer Holdings Inc                        | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |       314 | NS      | $7313.06      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx Inc                    | Arcellx Inc                                   | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       255 | NS      | $15825.30     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc              | Newmark Group Inc                             | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7460 | NS      | $82134.60     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewise Therapeutics Inc      | Edgewise Therapeutics Inc                     | CUSIP: 28036F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2721 | NS      | $38855.88     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc         | Hims & Hers Health Inc                        | CUSIP: 433000106<br>LEI: 549300ZQ4ZUYSAAX6P59 | Long             | EC               | CORP              | US        |       241 | NS      | $13630.96     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                  | Cable One Inc                                 | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |       140 | NS      | $20486.20     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp      | Taylor Morrison Home Corp                     | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |       870 | NS      | $48963.60     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc              | Sprout Social Inc                             | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4023 | NS      | $87822.09     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp                   | Sylvamo Corp                                  | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |       106 | NS      | $5614.82      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Keros Therapeutics Inc         | Keros Therapeutics Inc                        | CUSIP: 492327101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4261 | NS      | $60293.15     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Coursera Inc                   | Coursera Inc                                  | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |      6466 | NS      | $57224.10     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Aerogels Inc             | Aspen Aerogels Inc                            | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12121 | NS      | $69816.96     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc               | SPS Commerce Inc                              | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |        52 | NS      | $7319.52      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                 | FormFactor Inc                                | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |       519 | NS      | $15492.15     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Manitowoc Co Inc/The           | Manitowoc Co Inc/The                          | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |      2459 | NS      | $25844.09     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                     | Fluor Corp                                    | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |      2913 | NS      | $121122.54    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc           | Bridgebio Pharma Inc                          | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |       406 | NS      | $13905.50     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services I | BrightSpring Health Services Inc              | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       766 | NS      | $18238.46     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Expro Group Holdings NV        | Expro Group Holdings NV                       | CUSIP: 000000000<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | US        |      1348 | NS      | $11215.36     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JELD-WEN Holding Inc           | JELD-WEN Holding Inc                          | CUSIP: 47580P103<br>LEI: 529900AXX7CT9GZSCS30 | Long             | EC               | CORP              | US        |     15865 | NS      | $57907.25     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources  | Alpha Metallurgical Resources Inc             | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       252 | NS      | $28234.08     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcutis Biotherapeutics Inc    | Arcutis Biotherapeutics Inc                   | CUSIP: 03969K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2820 | NS      | $36772.80     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint Inc                   | AvePoint Inc                                  | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4462 | NS      | $83216.30     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeTrust Bancshares Inc       | HomeTrust Bancshares Inc                      | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       615 | NS      | $22195.35     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc            | Krystal Biotech Inc                           | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |       304 | NS      | $38291.84     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MannKind Corp                  | MannKind Corp                                 | CUSIP: 56400P706<br>LEI: 213800GFBCNY1ZFST722 | Long             | EC               | CORP              | US        |     10525 | NS      | $43678.75     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                | Q2 Holdings Inc                               | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |       372 | NS      | $32557.44     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA  | Preferred Bank/Los Angeles CA                 | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |       120 | NS      | $10033.20     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                                    | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |       716 | NS      | $49926.68     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc | Tactile Systems Technology Inc                | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |      3798 | NS      | $37524.24     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                  | REV Group Inc                                 | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |      1536 | NS      | $57584.64     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolent Health Inc             | Evolent Health Inc                            | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |      3637 | NS      | $27095.65     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                   | Omnicell Inc                                  | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |      2670 | NS      | $81087.90     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings  | Clearwater Analytics Holdings Inc             | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       466 | NS      | $10764.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc          | Customers Bancorp Inc                         | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |       727 | NS      | $37047.92     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc   | Bread Financial Holdings Inc                  | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |       263 | NS      | $13476.12     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                     | Adient PLC                                    | CUSIP: 000000000<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | US        |      2684 | NS      | $41843.56     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindr Inc                     | Grindr Inc                                    | CUSIP: 39854F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7964 | NS      | $194480.88    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals Inc      | Mirum Pharmaceuticals Inc                     | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |      2386 | NS      | $106081.56    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurora Innovation Inc          | Aurora Innovation Inc                         | CUSIP: 051774107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5226 | NS      | $31669.56     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                       | RLI Corp                                      | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      1001 | NS      | $76946.87     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                    | Neogen Corp                                   | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |      5836 | NS      | $34198.96     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| American Public Education Inc  | American Public Education Inc                 | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |      1057 | NS      | $31128.65     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc           | Palomar Holdings Inc                          | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |       642 | NS      | $110083.74    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360 Inc                    | Life360 Inc                                   | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |       876 | NS      | $55669.80     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Viant Technology Inc           | Viant Technology Inc                          | CUSIP: 92557A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       794 | NS      | $10949.26     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc             | Verint Systems Inc                            | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |      2045 | NS      | $35869.30     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Tronox Holdings PLC            | Tronox Holdings PLC                           | CUSIP: 000000000<br>LEI: 549300NRVC84SGJSXV06 | Long             | EC               | CORP              | US        |      8826 | NS      | $50131.68     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc     | Huron Consulting Group Inc                    | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |       382 | NS      | $54561.06     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc       | Axcelis Technologies Inc                      | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |      1370 | NS      | $77185.80     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc               | NMI Holdings Inc                              | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |       581 | NS      | $23077.32     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co            | Allegiant Travel Co                           | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |      1577 | NS      | $87649.66     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc                 | SSR Mining Inc                                | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | US        |     13688 | NS      | $161929.04    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                     | Qualys Inc                                    | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |       212 | NS      | $29372.60     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagaya Technologies Ltd        | Pagaya Technologies Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2394 | NS      | $39357.36     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Therapeutics Inc          | Sage Therapeutics Inc                         | CUSIP: 78667J108<br>LEI: 5493000JX4BJS9W6CN35 | Long             | EC               | CORP              | US        |      8440 | NS      | $54522.40     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc      | Casella Waste Systems Inc                     | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |       123 | NS      | $14416.83     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Bancorp Inc            | Capital Bancorp Inc                           | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |       505 | NS      | $16311.50     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings Inc          | LiveRamp Holdings Inc                         | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |       481 | NS      | $15670.98     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc       | Travere Therapeutics Inc                      | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1979 | NS      | $29724.58     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc  | Independence Realty Trust Inc                 | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |      1011 | NS      | $18794.49     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                | Rocket Lab Corp                               | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       674 | NS      | $18056.46     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                | SiriusPoint Ltd                               | CUSIP: 000000000<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |      3522 | NS      | $68995.98     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Park-Ohio Holdings Corp        | Park-Ohio Holdings Corp                       | CUSIP: 700666100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       279 | NS      | $5105.70      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp                 | BancFirst Corp                                | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |        73 | NS      | $9030.47      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                | Hillenbrand Inc                               | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |       918 | NS      | $17937.72     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                       | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       457 | NS      | $9825.50      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp               | Black Hills Corp                              | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |       243 | NS      | $14208.21     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc             | ADMA Biologics Inc                            | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3181 | NS      | $63111.04     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Tr | Essential Properties Realty Trust Inc         | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |      1448 | NS      | $47060.00     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc   | Catalyst Pharmaceuticals Inc                  | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |      1280 | NS      | $31948.80     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                    | SJW Group                                     | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       302 | NS      | $15848.96     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Beyond Inc                     | Beyond Inc                                    | CUSIP: 690370101<br>LEI: 549300ACR0DL9U7EI710 | Long             | EC               | CORP              | US        |      7641 | NS      | $48978.81     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Unisys Corp                    | Unisys Corp                                   | CUSIP: 909214306<br>LEI: 549300T21W22FIJJOW08 | Long             | EC               | CORP              | US        |      7546 | NS      | $35994.42     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc       | Alignment Healthcare Inc                      | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3943 | NS      | $60603.91     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc           | NetScout Systems Inc                          | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |      1079 | NS      | $24644.36     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co               | Boise Cascade Co                              | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |       159 | NS      | $13813.92     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc           | Tenable Holdings Inc                          | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |      1052 | NS      | $33895.44     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneridge Inc                 | Stoneridge Inc                                | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |      9348 | NS      | $46926.96     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PROS Holdings Inc              | PROS Holdings Inc                             | CUSIP: 74346Y103<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | EC               | CORP              | US        |      1221 | NS      | $21477.39     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Udemy Inc                      | Udemy Inc                                     | CUSIP: 902685106<br>LEI: 2549000T304QU9SAM180 | Long             | EC               | CORP              | US        |      6907 | NS      | $50559.24     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| European Wax Center Inc        | European Wax Center Inc                       | CUSIP: 29882P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2459 | NS      | $12516.31     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                | Otter Tail Corp                               | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1344 | NS      | $103729.92    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Pharmaceuticals Inc   | EyePoint Pharmaceuticals Inc                  | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |      6766 | NS      | $48985.84     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics Corp       | PROCEPT BioRobotics Corp                      | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       336 | NS      | $19488.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc    | AMN Healthcare Services Inc                   | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      3774 | NS      | $79669.14     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanda Pharmaceuticals Inc      | Vanda Pharmaceuticals Inc                     | CUSIP: 921659108<br>LEI: 529900AY8VOOQBKJ0O70 | Long             | EC               | CORP              | US        |      2468 | NS      | $10711.12     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                 | Trustmark Corp                                | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |      3076 | NS      | $105998.96    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                   | LivaNova PLC                                  | CUSIP: 000000000<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |       937 | NS      | $40525.25     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Medifast Inc                   | Medifast Inc                                  | CUSIP: 58470H101<br>LEI: 5299000YHQJ21T5KKI80 | Long             | EC               | CORP              | US        |      2550 | NS      | $35878.50     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV  | Sapiens International Corp NV                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1358 | NS      | $38974.60     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc            | BellRing Brands Inc                           | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |       823 | NS      | $51807.85     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc           | Koppers Holdings Inc                          | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       454 | NS      | $13946.88     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                 | BankUnited Inc                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |      5108 | NS      | $173569.84    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp          | Fulton Financial Corp                         | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |      2088 | NS      | $36018.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc           | Kinetik Holdings Inc                          | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       409 | NS      | $18216.86     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc                  | Tidewater Inc                                 | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |      3261 | NS      | $129494.31    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantaloupe Inc                 | Cantaloupe Inc                                | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |      2677 | NS      | $22406.49     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr Inc                   | Sprinklr Inc                                  | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |     10938 | NS      | $92316.72     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Flywire Corp                   | Flywire Corp                                  | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |      1465 | NS      | $15748.75     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Codexis Inc                    | Codexis Inc                                   | CUSIP: 192005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2998 | NS      | $6895.40      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son L | Bank of NT Butterfield & Son Ltd/The          | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |       811 | NS      | $34191.76     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingTree Inc                | LendingTree Inc                               | CUSIP: 52603B107<br>LEI: 549300ISY5YHUJZTON08 | Long             | EC               | CORP              | US        |       987 | NS      | $34564.74     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Inc                | Hyster-Yale Materials Handling Inc            | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       833 | NS      | $33453.28     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ODP Corp/The                   | ODP Corp/The                                  | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2029 | NS      | $33377.05     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp       | Fox Factory Holding Corp                      | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |        11 | NS      | $282.15       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp                | NCR Atleos Corp                               | CUSIP: 63001N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       712 | NS      | $18875.12     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc        | CNO Financial Group Inc                       | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |      3974 | NS      | $150853.04    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                    | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      1385 | NS      | $239411.10    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Akebia Therapeutics Inc        | Akebia Therapeutics Inc                       | CUSIP: 00972D105<br>LEI: 549300CBQEHMKEEGNX42 | Long             | EC               | CORP              | US        |     11799 | NS      | $35750.97     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com Inc              | Legalzoom.com Inc                             | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |      1134 | NS      | $10353.42     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat Inc                     | Viasat Inc                                    | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |      4296 | NS      | $37504.08     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Krispy Kreme Inc               | Krispy Kreme Inc                              | CUSIP: 50101L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22956 | NS      | $66342.84     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd                   | Seadrill Ltd                                  | CUSIP: 000000000<br>LEI: 213800EQ6L456U2JCO89 | Long             | EC               | CORP              | BM        |      2888 | NS      | $67001.60     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ON24 Inc                       | ON24 Inc                                      | CUSIP: 68339B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6359 | NS      | $36182.71     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies  | Atmus Filtration Technologies Inc             | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       880 | NS      | $31697.60     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Xerox Holdings Corp            | Xerox Holdings Corp                           | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |     30648 | NS      | $149868.72    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular Inc          | LeMaitre Vascular Inc                         | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |       435 | NS      | $35757.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Minerals International | Compass Minerals International Inc            | CUSIP: 20451N101<br>LEI: 2549008X9G8XP7YJGC47 | Long             | EC               | CORP              | US        |       599 | NS      | $11506.79     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc         | Array Technologies Inc                        | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |      1184 | NS      | $7814.40      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yext Inc                       | Yext Inc                                      | CUSIP: 98585N106<br>LEI: 5299008ZQSBBVH7K0589 | Long             | EC               | CORP              | US        |     11397 | NS      | $76473.87     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse Inc                           | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |       253 | NS      | $49388.13     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc           | Upstart Holdings Inc                          | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |       413 | NS      | $19481.21     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc    | Sterling Infrastructure Inc                   | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |       174 | NS      | $32713.74     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc               | Clear Secure Inc                              | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1624 | NS      | $40194.00     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear Inc                  | MaxLinear Inc                                 | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |      2509 | NS      | $28577.51     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMrush Holdings Inc           | SEMrush Holdings Inc                          | CUSIP: 81686C104<br>LEI: 254900WQEX0OLGK16D27 | Long             | EC               | CORP              | US        |      1587 | NS      | $15616.08     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Inogen Inc                     | Inogen Inc                                    | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |      5072 | NS      | $32587.60     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co              | STAAR Surgical Co                             | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |       220 | NS      | $3918.20      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc        | Comfort Systems USA Inc                       | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |        47 | NS      | $22476.81     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland States Bancorp Inc     | Midland States Bancorp Inc                    | CUSIP: 597742105<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EC               | CORP              | US        |       490 | NS      | $8271.20      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwire Corp                   | Redwire Corp                                  | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2252 | NS      | $32226.12     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd              | Helen of Troy Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3438 | NS      | $92447.82     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Enliven Therapeutics Inc       | Enliven Therapeutics Inc                      | CUSIP: 29337E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       811 | NS      | $14411.47     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc          | Powell Industries Inc                         | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |       522 | NS      | $88525.98     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc   | National Vision Holdings Inc                  | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |      4911 | NS      | $97286.91     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       261 | NS      | $123155.46    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                       | ASGN Inc                                      | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |       590 | NS      | $31157.90     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals Inc     | Tarsus Pharmaceuticals Inc                    | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       320 | NS      | $13744.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nabors Industries Ltd          | Nabors Industries Ltd                         | CUSIP: 000000000<br>LEI: 5493008TXYN3II3PU369 | Long             | EC               | CORP              | US        |       985 | NS      | $25422.85     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Technologies In | Napco Security Technologies Inc               | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      1557 | NS      | $43440.30     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpire Capital Inc        | BrightSpire Capital Inc                       | CUSIP: 10949T109<br>LEI: 549300BOIFLLMVU37752 | Long             | EC               | CORP              | US        |     12081 | NS      | $61129.86     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Prothena Corp PLC              | Prothena Corp PLC                             | CUSIP: 000000000<br>LEI: 5299009ZXQ8NIIJ8OL30 | Long             | EC               | CORP              | IE        |      8789 | NS      | $40341.51     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Byline Bancorp Inc             | Byline Bancorp Inc                            | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |      4199 | NS      | $108628.13    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc               | Pitney Bowes Inc                              | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |      2924 | NS      | $30117.20     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Networks Inc               | AMC Networks Inc                              | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |      3080 | NS      | $20358.80     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Advanced Materials In | Rayonier Advanced Materials Inc               | CUSIP: 75508B104<br>LEI: 54930053QJ7OUGZG4F72 | Long             | EC               | CORP              | US        |      9799 | NS      | $37726.15     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Methode Electronics Inc        | Methode Electronics Inc                       | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |     14544 | NS      | $115624.80    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Root Inc/OH                    | Root Inc/OH                                   | CUSIP: 77664L207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        77 | NS      | $10086.23     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                 | Blue Bird Corp                                | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      1683 | NS      | $65132.10     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc             | Mativ Holdings Inc                            | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |      1128 | NS      | $6452.16      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                   | Appfolio Inc                                  | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |        35 | NS      | $7390.95      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc                 | DMC Global Inc                                | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |      3043 | NS      | $19657.78     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares Inc   | Texas Capital Bancshares Inc                  | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |       365 | NS      | $26166.85     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares Inc       | First Mid Bancshares Inc                      | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       141 | NS      | $4974.48      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc     | Mueller Water Products Inc                    | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |      6300 | NS      | $154539.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings Inc            | ADTRAN Holdings Inc                           | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |      4495 | NS      | $36094.85     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp           | Wabash National Corp                          | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |      5158 | NS      | $44719.86     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RMR Group Inc/The              | RMR Group Inc/The                             | CUSIP: 74967R106<br>LEI: 549300JP4L34E48UJM16 | Long             | EC               | CORP              | US        |      3104 | NS      | $46870.40     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Chegg Inc                      | Chegg Inc                                     | CUSIP: 163092109<br>LEI: 549300AKX7O8JG0O3G77 | Long             | EC               | CORP              | US        |      9784 | NS      | $9979.68      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp             | UMB Financial Corp                            | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |       344 | NS      | $35473.28     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc          | Jackson Financial Inc                         | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |      1684 | NS      | $137936.44    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lemonade Inc                   | Lemonade Inc                                  | CUSIP: 52567D107<br>LEI: 5493009BKR06OXXU6853 | Long             | EC               | CORP              | US        |       402 | NS      | $13467.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Arteris Inc                    | Arteris Inc                                   | CUSIP: 04302A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1843 | NS      | $14320.11     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management Inc   | Brightsphere Investment Group Inc             | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |      1057 | NS      | $31826.27     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Funko Inc                      | Funko Inc                                     | CUSIP: 361008105<br>LEI: 529900NG9F0KL5P6NK67 | Long             | EC               | CORP              | US        |      1944 | NS      | $8145.36      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International Inc   | Oil States International Inc                  | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |      1837 | NS      | $7990.95      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co   | Portland General Electric Co                  | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      2133 | NS      | $90439.20     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Servi | First Business Financial Services Inc         | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |      1268 | NS      | $61840.36     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust        | Brandywine Realty Trust                       | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     23064 | NS      | $97560.72     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group | California Water Service Group                | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |       878 | NS      | $41485.50     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                 | Sierra Bancorp                                | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       927 | NS      | $25371.99     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc            | MGP Ingredients Inc                           | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |      2484 | NS      | $73079.28     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                        | V2X Inc                                       | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       255 | NS      | $11546.40     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc       | United Natural Foods Inc                      | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |       279 | NS      | $8529.03      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zentalis Pharmaceuticals Inc   | Zentalis Pharmaceuticals Inc                  | CUSIP: 98943L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7634 | NS      | $9237.14      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                    | Avista Corp                                   | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |       460 | NS      | $17714.60     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Skin Enterprises Inc        | Nu Skin Enterprises Inc                       | CUSIP: 67018T105<br>LEI: 54930050DETB6CP71D38 | Long             | EC               | CORP              | US        |      9176 | NS      | $79188.88     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp           | SL Green Realty Corp                          | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |       854 | NS      | $48481.58     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Street Interactive Inc    | Rush Street Interactive Inc                   | CUSIP: 782011100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       799 | NS      | $10139.31     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc         | Lumen Technologies Inc                        | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |     26523 | NS      | $103970.16    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute  | Universal Technical Institute Inc             | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |      1865 | NS      | $66263.45     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                     | Tennant Co                                    | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |       187 | NS      | $13916.54     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                    | Rogers Corp                                   | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |       385 | NS      | $25629.45     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Amalgamated Financial Corp     | Amalgamated Financial Corp                    | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2733 | NS      | $82591.26     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals Inc   | BioCryst Pharmaceuticals Inc                  | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |       495 | NS      | $5321.25      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TrueBlue Inc                   | TrueBlue Inc                                  | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1886 | NS      | $11316.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd   | Hamilton Insurance Group Ltd                  | CUSIP: 000000000<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |      2899 | NS      | $63082.24     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                    | SkyWest Inc                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      1266 | NS      | $128435.70    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Weave Communications Inc       | Weave Communications Inc                      | CUSIP: 94724R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2373 | NS      | $22899.45     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals PLC     | Avadel Pharmaceuticals PLC                    | CUSIP: 000000000<br>LEI: 549300E27PTSG2RHC762 | Long             | EC               | CORP              | IE        |       728 | NS      | $6632.08      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp           | Hancock Whitney Corp                          | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |       199 | NS      | $10879.33     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings I | Harmony Biosciences Holdings Inc              | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2038 | NS      | $70311.00     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp               | Knife River Corp                              | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       759 | NS      | $71421.90     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                       | Cohu Inc                                      | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |       896 | NS      | $15294.72     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp             | CNX Resources Corp                            | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |      3552 | NS      | $114658.56    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc     | Thermon Group Holdings Inc                    | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |       184 | NS      | $4772.96      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd                    | StoneCo Ltd                                   | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | BR        |       486 | NS      | $6633.90      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co           | Commercial Metals Co                          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |       657 | NS      | $30609.63     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FuelCell Energy Inc            | FuelCell Energy Inc                           | CUSIP: 35952H700<br>LEI: 549300SRU8020X1X9J22 | Long             | EC               | CORP              | US        |      6526 | NS      | $33347.86     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group Inc                  | HCI Group Inc                                 | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |       162 | NS      | $27340.74     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc      | Brinker International Inc                     | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |       190 | NS      | $32799.70     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bladex                         | Banco Latinoamericano de Comercio Exterior SA | CUSIP: 000000000<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | CORP              | PA        |       598 | NS      | $24529.96     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                    | ONE Gas Inc                                   | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |       351 | NS      | $26240.76     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Services Corp                        | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      2160 | NS      | $155757.60    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Gr | Skyward Specialty Insurance Group Inc         | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |      3320 | NS      | $210322.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TTEC Holdings Inc              | TTEC Holdings Inc                             | CUSIP: 89854H102<br>LEI: GTJS1N8S8I28A7L4WG97 | Long             | EC               | CORP              | US        |     21948 | NS      | $107764.68    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                   | Griffon Corp                                  | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |       746 | NS      | $51287.50     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc    | MEDNAX Inc                                    | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1152 | NS      | $16300.80     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Shyft Group Inc/The            | Shyft Group Inc/The                           | CUSIP: 825698103<br>LEI: 549300YY0TB51BGRV994 | Long             | EC               | CORP              | US        |      1479 | NS      | $15514.71     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc      | Construction Partners Inc                     | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |       565 | NS      | $59149.85     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Myriad Genetics Inc            | Myriad Genetics Inc                           | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |      9435 | NS      | $39532.65     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                     | Bumble Inc                                    | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3608 | NS      | $20276.96     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC        | Cushman & Wakefield PLC                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3147 | NS      | $31564.41     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ThredUp Inc                    | ThredUp Inc                                   | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |      1679 | NS      | $12088.80     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc         | Forrester Research Inc                        | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |      2653 | NS      | $28201.39     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media Inc             | Outfront Media Inc                            | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |      2691 | NS      | $44455.32     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc             | Fluence Energy Inc                            | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |      7955 | NS      | $37388.50     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc   | American Healthcare REIT Inc                  | CUSIP: 398182303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5850 | NS      | $204399.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                   | Parsons Corp                                  | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |       327 | NS      | $21202.68     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc              | Rent-A-Center Inc/TX                          | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |      1316 | NS      | $30189.04     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| iRobot Corp                    | iRobot Corp                                   | CUSIP: 462726100<br>LEI: 5493009PRNKOUKBAT390 | Long             | EC               | CORP              | US        |      7553 | NS      | $23187.71     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp           | Mercantile Bank Corp                          | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |       629 | NS      | $27776.64     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Real Brokerage Inc/The         | Real Brokerage Inc/The                        | CUSIP: 75585H206<br>LEI: 254900X7DGVQ8SUIC387 | Long             | EC               | CORP              | US        |      5733 | NS      | $23619.96     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx Inc                     | CareDx Inc                                    | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |       898 | NS      | $15257.02     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc               | Leonardo DRS Inc                              | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |      1964 | NS      | $83077.20     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                   | Glaukos Corp                                  | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |       101 | NS      | $9523.29      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc  | Shoals Technologies Group Inc                 | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3228 | NS      | $15236.16     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                 | Murphy USA Inc                                | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |        50 | NS      | $21339.50     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc     | ServisFirst Bancshares Inc                    | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       196 | NS      | $14588.28     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc        | BrightView Holdings Inc                       | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |      3805 | NS      | $59281.90     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TruBridge Inc                  | Computer Programs and Systems Inc             | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               | CORP              | US        |      3079 | NS      | $73680.47     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarus Corp                    | Clarus Corp                                   | CUSIP: 18270P109<br>LEI: 549300PKSLI6PT0ULL72 | Long             | EC               | CORP              | US        |      2057 | NS      | $6541.26      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc   | Life Time Group Holdings Inc                  | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1823 | NS      | $52137.80     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Plains Inc               | Green Plains Inc                              | CUSIP: 393222104<br>LEI: VJ5WLTHARBSDR14KIZ98 | Long             | EC               | CORP              | US        |     18669 | NS      | $77663.04     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp               | LendingClub Corp                              | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |      4123 | NS      | $41353.69     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine Inc                  | BlackLine Inc                                 | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |       373 | NS      | $20861.89     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics Inc                | NeoGenomics Inc                               | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2208 | NS      | $16074.24     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc       | Wolverine World Wide Inc                      | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |      5703 | NS      | $97293.18     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc          | SIGA Technologies Inc                         | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2643 | NS      | $15805.14     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                | Whitestone REIT                               | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1181 | NS      | $14549.92     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rackspace Technology Inc       | Rackspace Technology Inc                      | CUSIP: 750102105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5554 | NS      | $6331.56      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics Inc            | TG Therapeutics Inc                           | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |       569 | NS      | $19977.59     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                   | ArcBest Corp                                  | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |       890 | NS      | $55794.10     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EVgo Inc                       | EVgo Inc                                      | CUSIP: 30052F100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2923 | NS      | $11545.85     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc            | Guardant Health Inc                           | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |      1052 | NS      | $42732.24     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardmore Shipping Corp          | Ardmore Shipping Corp                         | CUSIP: 000000000<br>LEI: 549300J8HD7K6BHD8O28 | Long             | EC               | CORP              | IE        |      3051 | NS      | $29320.11     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp      | Chesapeake Utilities Corp                     | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |        78 | NS      | $9530.82      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Entrada Therapeutics Inc       | Entrada Therapeutics Inc                      | CUSIP: 29384C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       870 | NS      | $6612.00      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings Inc   | Victory Capital Holdings Inc                  | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |      1217 | NS      | $75466.17     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co         | Victoria's Secret & Co                        | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |      1295 | NS      | $27466.95     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp Inc                     | Intapp Inc                                    | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1093 | NS      | $60246.16     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolve Group Inc              | Revolve Group Inc                             | CUSIP: 76156B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2163 | NS      | $44557.80     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amylyx Pharmaceuticals Inc     | Amylyx Pharmaceuticals Inc                    | CUSIP: 03237H101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5592 | NS      | $28798.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services Inc             | Kelly Services Inc                            | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |       977 | NS      | $11450.44     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive Inc        | Peloton Interactive Inc                       | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |      3363 | NS      | $23877.30     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp              | FB Financial Corp                             | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |      3008 | NS      | $131299.20    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Dot Corp                 | Green Dot Corp                                | CUSIP: 39304D102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        36 | NS      | $332.64       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp      | Phibro Animal Health Corp                     | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |       367 | NS      | $8962.14      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Payoneer Global Inc            | Payoneer Global Inc                           | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |      1240 | NS      | $8444.40      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies Inc       | iRhythm Technologies Inc                      | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |       343 | NS      | $48191.50     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc     | Rhythm Pharmaceuticals Inc                    | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |      1417 | NS      | $86904.61     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc          | Cinemark Holdings Inc                         | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |      1687 | NS      | $56969.99     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Co | Peapack Gladstone Financial Corp              | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |       569 | NS      | $15601.98     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc         | Employers Holdings Inc                        | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1085 | NS      | $52806.95     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc        | Alexander & Baldwin Inc                       | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1128 | NS      | $20202.48     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corp           | Mercury General Corp                          | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |       773 | NS      | $49843.04     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PetMed Express Inc             | PetMed Express Inc                            | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |      5472 | NS      | $20246.40     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arvinas Inc                    | Arvinas Inc                                   | CUSIP: 04335A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5586 | NS      | $40219.20     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Altimmune Inc                  | Altimmune Inc                                 | CUSIP: 02155H200<br>LEI: 549300EOYCQ8SW3NVE64 | Long             | EC               | CORP              | US        |      6535 | NS      | $35485.05     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc          | Veeco Instruments Inc                         | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |      6622 | NS      | $127870.82    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| 4D Molecular Therapeutics Inc  | 4D Molecular Therapeutics Inc                 | CUSIP: 35104E100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11599 | NS      | $41988.38     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Varex Imaging Corp             | Varex Imaging Corp                            | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |      1563 | NS      | $11988.21     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc            | CSW Industrials Inc                           | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |        45 | NS      | $13760.55     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                     | Tanger Factory Outlet Centers Inc             | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |      1259 | NS      | $37518.20     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                   | Archrock Inc                                  | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |       720 | NS      | $17928.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries I | Hawaiian Electric Industries Inc              | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |       448 | NS      | $4784.64      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| C3.ai Inc                      | C3.ai Inc                                     | CUSIP: 12468P104<br>LEI: 549300YDLK0YQO5B1V80 | Long             | EC               | CORP              | US        |      2826 | NS      | $75143.34     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hurco Cos Inc                  | Hurco Cos Inc                                 | CUSIP: 447324104<br>LEI: XSC5XDOTBYOBQPOG2O82 | Long             | EC               | CORP              | US        |       926 | NS      | $13547.38     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc   | Watts Water Technologies Inc                  | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |       154 | NS      | $37286.48     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                    | OFG Bancorp                                   | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |      1531 | NS      | $62985.34     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                     | Vicor Corp                                    | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |       371 | NS      | $16190.44     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Xeris Biopharma Holdings Inc   | Xeris Biopharma Holdings Inc                  | CUSIP: 98422E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3771 | NS      | $18628.74     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                     | Atkore Inc                                    | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      1746 | NS      | $113664.60    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings   | Compass Diversified Holdings                  | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |      2560 | NS      | $17203.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hain Celestial Group Inc/The   | Hain Celestial Group Inc/The                  | CUSIP: 405217100<br>LEI: 5493000S8QXWHLIXDP75 | Long             | EC               | CORP              | US        |      7081 | NS      | $13241.47     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc       | Resideo Technologies Inc                      | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |      4663 | NS      | $96524.10     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Insurance Holdings I | Universal Insurance Holdings Inc              | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               | CORP              | US        |       304 | NS      | $8250.56      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zymeworks Inc                  | Zymeworks Inc                                 | CUSIP: 98985Y108<br>LEI: 894500AHOYAGYLYZJL67 | Long             | EC               | CORP              | US        |      1144 | NS      | $13075.92     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc             | SunCoke Energy Inc                            | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      5882 | NS      | $47879.48     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Group SGHC Ltd           | Super Group SGHC Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |      2418 | NS      | $21133.32     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp           | Waystar Holding Corp                          | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3371 | NS      | $134772.58    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                    | Moelis & Co                                   | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |       285 | NS      | $16276.35     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                  | CoreCivic Inc                                 | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |       777 | NS      | $17062.92     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands Inc       | Turning Point Brands Inc                      | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |       890 | NS      | $66144.80     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-22

**Name of Applicant:** Federated Hermes ETF Trust

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes ETF Trust

**Title:** Chief Compliance Officer