# EDGAR Filing Document

**Accession Number:** 0001452937
**File Stem:** 0002048251-26-002873
**Filing Date:** 2026-4
**Character Count:** 65421
**Document Hash:** 54abb4fc79c03a08b672dbdc9f6d5014
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-002873.hdr.sgml**: 20260408

**ACCESSION NUMBER**: 0002048251-26-002873

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230228

**FILED AS OF DATE**: 20260408

**DATE AS OF CHANGE**: 20260408

**PERIOD START**: 20231130

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22263
- **FILM NUMBER:** 26847982

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

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

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

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

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

## Series and Classes Contracts Data

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

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

## Nport-Ex

ETC 6 Meridian

**ETC 6 Meridian**

**Hedged Equity-Index Option Strategy ETF**

Schedule of Investments

February 28, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK — 95.2%** | **COMMON STOCK — 95.2%** | **COMMON STOCK — 95.2%** |
| **Communication Services — 6.1%** | **Communication Services — 6.1%** | **Communication Services — 6.1%** |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl C\* | 43069 | $3889131 |
| &nbsp;&nbsp;&nbsp;T-Mobile US\* | 28934 | 4113836 |
| &nbsp;&nbsp;&nbsp;Verizon Communications<sup>(A)</sup> | 314416 | 12202485 |
|  |  | 20205452 |
| **Consumer Discretionary — 5.0%** | **Consumer Discretionary — 5.0%** | **Consumer Discretionary — 5.0%** |
| &nbsp;&nbsp;&nbsp;Home Depot<sup>(A)</sup> | 13316 | 3948727 |
| &nbsp;&nbsp;&nbsp;Lowe's<sup>(A)</sup> | 20456 | 4208822 |
| &nbsp;&nbsp;&nbsp;McDonald's | 16404 | 4329180 |
| &nbsp;&nbsp;&nbsp;NIKE, Cl B | 33736 | 4007499 |
|  |  | 16494228 |
| **Consumer Staples — 20.5%** | **Consumer Staples — 20.5%** | **Consumer Staples — 20.5%** |
| &nbsp;&nbsp;&nbsp;Altria Group<sup>(A)</sup> | 275727 | 12802004 |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive<sup>(A)</sup> | 116525 | 8541283 |
| &nbsp;&nbsp;&nbsp;Costco Wholesale | 8433 | 4083090 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz<sup>(A)</sup> | 323340 | 12590860 |
| &nbsp;&nbsp;&nbsp;PepsiCo<sup>(A)</sup> | 25464 | 4418768 |
| &nbsp;&nbsp;&nbsp;Philip Morris International<sup>(A)</sup> | 124372 | 12101396 |
| &nbsp;&nbsp;&nbsp;Procter & Gamble | 30508 | 4196680 |
| &nbsp;&nbsp;&nbsp;Walmart<sup>(A)</sup> | 60400 | 8584652 |
|  |  | 67318733 |
| **Energy — 9.8%** | **Energy — 9.8%** | **Energy — 9.8%** |
| &nbsp;&nbsp;&nbsp;Chevron<sup>(A)</sup> | 76492 | 12297619 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips<sup>(A)</sup> | 111367 | 11509779 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil<sup>(A)</sup> | 76156 | 8370306 |
|  |  | 32177704 |
| **Financials — 13.0%** | **Financials — 13.0%** | **Financials — 13.0%** |
| &nbsp;&nbsp;&nbsp;American Express | 25161 | 4377763 |
| &nbsp;&nbsp;&nbsp;American International Group | 71348 | 4360076 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon | 86005 | 4375934 |
| &nbsp;&nbsp;&nbsp;Capital One Financial | 37554 | 4096390 |
| &nbsp;&nbsp;&nbsp;Citigroup<sup>(A)</sup> | 167562 | 8493718 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group | 11940 | 4198701 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase | 31296 | 4486282 |
| &nbsp;&nbsp;&nbsp;US Bancorp<sup>(A)</sup> | 177537 | 8473841 |
|  |  | 42862705 |
| **Health Care — 21.7%** | **Health Care — 21.7%** | **Health Care — 21.7%** |
| &nbsp;&nbsp;&nbsp;AbbVie<sup>(A)</sup> | 89411 | 13760352 |
| &nbsp;&nbsp;&nbsp;Amgen<sup>(A)</sup> | 35460 | 8214664 |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb<sup>(A)</sup> | 61332 | 4229455 |
| &nbsp;&nbsp;&nbsp;Eli Lilly<sup>(A)</sup> | 25505 | 7937666 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences<sup>(A)</sup> | 104026 | 8377214 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson<sup>(A)</sup> | 26485 | 4059091 |
| &nbsp;&nbsp;&nbsp;Merck<sup>(A)</sup> | 81678 | 8677471 |
| &nbsp;&nbsp;&nbsp;Pfizer<sup>(A)</sup> | 298115 | 12094526 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group | 8789 | 4183037 |
|  |  | 71533476 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Industrials — 9.2%** | **Industrials — 9.2%** | **Industrials — 9.2%** |
| &nbsp;&nbsp;&nbsp;3M | 37703 | $4062121 |
| &nbsp;&nbsp;&nbsp;Caterpillar | 17507 | 4193802 |
| &nbsp;&nbsp;&nbsp;General Dynamics | 18953 | 4319578 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin<sup>(A)</sup> | 18900 | 8963514 |
| &nbsp;&nbsp;&nbsp;Raytheon Technologies<sup>(A)</sup> | 44385 | 4353725 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Cl B | 23612 | 4308954 |
|  |  | 30201694 |
| **Information Technology — 7.4%** | **Information Technology — 7.4%** | **Information Technology — 7.4%** |
| &nbsp;&nbsp;&nbsp;Accenture PLC, Cl A | 15405 | 4090798 |
| &nbsp;&nbsp;&nbsp;Adobe\* | 11377 | 3685579 |
| &nbsp;&nbsp;&nbsp;Apple<sup>(A)</sup> | 30040 | 4428196 |
| &nbsp;&nbsp;&nbsp;International Business Machines<sup>(A)</sup> | 32334 | 4180786 |
| &nbsp;&nbsp;&nbsp;QUALCOMM | 31555 | 3897989 |
| &nbsp;&nbsp;&nbsp;Texas Instruments<sup>(A)</sup> | 23986 | 4112400 |
|  |  | 24395748 |
| **Materials — 2.5%** | **Materials — 2.5%** | **Materials — 2.5%** |
| &nbsp;&nbsp;&nbsp;Dow<sup>(A)</sup> | 145107 | 8300120 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $319,566,271) |  | 313489860 |
| **EXCHANGE TRADED FUND — 5.3%** | **EXCHANGE TRADED FUND — 5.3%** | **EXCHANGE TRADED FUND — 5.3%** |
| &nbsp;&nbsp;&nbsp;SPDR Bloomberg 1-3 Month T-Bill ETF, <br> CI Institutional | 188895 | 17323560 |
| Total Exchange Traded Fund <br> (Cost $17,319,801) |  | 17323560 |
| **SHORT-TERM INVESTMENT — 0.7%** | **SHORT-TERM INVESTMENT — 0.7%** | **SHORT-TERM INVESTMENT — 0.7%** |
| &nbsp;&nbsp;&nbsp;Invesco Government & Agency Portfolio, <br> CI Institutional, 4.51%<sup>(B)</sup> | 2267564 | 2267564 |
| Total Short-Term Investment <br> (Cost $2,267,564) |  | 2267564 |
| Total Investments - 101.2% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $339,153,636) |  | $333080984 |
| **WRITTEN OPTIONS — -1.4%** | **WRITTEN OPTIONS — -1.4%** | **WRITTEN OPTIONS — -1.4%** |
| Total Written Options |  |  |
| &nbsp;&nbsp;&nbsp;(Premiums Received $7,116,710) |  | $(4618380) |

---

Percentages are based on Net Assets of $329,090,646.

**ETC 6 Meridian**

**Hedged Equity-Index Option Strategy ETF**

Schedule of Investments

February 28, 2023 (Unaudited) (Concluded)

A list of the Exchange Traded Option Contracts held by the Fund at February 28, 2023, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br> Contracts | Notional Amount | Exercise Price | Expiration Date | Value |
| **WRITTEN OPTIONS — (1.4)%** |  |  |  |  |  |
| **Call Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;S&P 500 Index\* | (475) | $190000000 | $4000 | 03/18/23 | $(2270500) |
| &nbsp;&nbsp;&nbsp;S&P 500 Index\* | (316) | 127980000 | 4050 | 04/22/23 | (2347880) |
|  |  |  |  |  | (4618380) |
| Total Written Options |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Premiums Received $7,116,710) |  |  |  |  | $(4618380) |

---

\* Non-income producing security.

(A) All or a portion of these securities has been pledged as collateral on written options with a fair value of $64,039,052.

(B) The rate reported is the 7-day effective yield as of February 28, 2023.

---

| |
|:---|
| Cl — Class |
| ETF — Exchange Traded Fund |
| PLC — Public Limited Company |
| S&P — Standard & Poor's |
| SPDR — Standard & Poor's Depository Receipt |

---

MER-QH-001-0600

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK — 99.2%** | **COMMON STOCK — 99.2%** | **COMMON STOCK — 99.2%** |
| **Communication Services — 3.6%** | **Communication Services — 3.6%** | **Communication Services — 3.6%** |
| &nbsp;&nbsp;Activision Blizzard | 9045 | $689681 |
| &nbsp;&nbsp;AT&T | 33069 | 625335 |
| &nbsp;&nbsp;ATN International | 13497 | 567549 |
| &nbsp;&nbsp;Cogent Communications Holdings | 9436 | 610887 |
| &nbsp;&nbsp;Scholastic | 14426 | 657970 |
| &nbsp;&nbsp;TEGNA | 32375 | 563325 |
| &nbsp;&nbsp;Telephone and Data Systems | 48357 | 613650 |
| &nbsp;&nbsp;Verizon Communications | 15685 | 608735 |
| &nbsp;&nbsp;World Wrestling Entertainment, Cl A | 7150 | 600600 |
|  |  | 5537732 |
| **Consumer Discretionary — 4.1%** | **Consumer Discretionary — 4.1%** | **Consumer Discretionary — 4.1%** |
| &nbsp;&nbsp;Adtalem Global Education\* | 15900 | 622008 |
| &nbsp;&nbsp;Graham Holdings, Cl B | 971 | 608487 |
| &nbsp;&nbsp;Grand Canyon Education\* | 5599 | 634311 |
| &nbsp;&nbsp;McDonald's | 2417 | 637871 |
| &nbsp;&nbsp;Murphy USA | 2492 | 635684 |
| &nbsp;&nbsp;O'Reilly Automotive\* | 800 | 664080 |
| &nbsp;&nbsp;Perdoceo Education\* | 44048 | 607202 |
| &nbsp;&nbsp;Service International | 8973 | 605947 |
| &nbsp;&nbsp;Stride\* | 15516 | 658964 |
| &nbsp;&nbsp;Wendy's | 28790 | 632228 |
|  |  | 6306782 |
| **Consumer Staples — 18.4%** | **Consumer Staples — 18.4%** | **Consumer Staples — 18.4%** |
| &nbsp;&nbsp;Altria Group | 13788 | 640177 |
| &nbsp;&nbsp;Andersons | 16761 | 764805 |
| &nbsp;&nbsp;BJ's Wholesale Club Holdings\* | 8883 | 637799 |
| &nbsp;&nbsp;Calavo Growers | 19923 | 642915 |
| &nbsp;&nbsp;Campbell Soup | 12433 | 652981 |
| &nbsp;&nbsp;Casey's General Stores | 2896 | 602223 |
| &nbsp;&nbsp;Church & Dwight | 7774 | 651306 |
| &nbsp;&nbsp;Clorox | 4243 | 659532 |
| &nbsp;&nbsp;Coca-Cola | 10761 | 640387 |
| &nbsp;&nbsp;Colgate-Palmolive | 8767 | 642621 |
| &nbsp;&nbsp;Conagra Brands | 17542 | 638704 |
| &nbsp;&nbsp;Edgewell Personal Care | 15068 | 643404 |
| &nbsp;&nbsp;Flowers Foods | 23266 | 648656 |
| &nbsp;&nbsp;Fresh Del Monte Produce | 22443 | 702017 |
| &nbsp;&nbsp;General Mills | 8389 | 667009 |
| &nbsp;&nbsp;Grocery Outlet Holding\* | 21160 | 572378 |
| &nbsp;&nbsp;Hershey | 2691 | 641319 |
| &nbsp;&nbsp;Hormel Foods | 14187 | 629619 |
| &nbsp;&nbsp;Hostess Brands, Cl A\* | 28486 | 703605 |
| &nbsp;&nbsp;Ingredion | 6376 | 633774 |
| &nbsp;&nbsp;J M Smucker | 4270 | 631490 |
| &nbsp;&nbsp;John B Sanfilippo & Son | 6952 | 624081 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Consumer Staples (continued)** | **Consumer Staples (continued)** | **Consumer Staples (continued)** | **Consumer Staples (continued)** |
| &nbsp;&nbsp;Kellogg | 9382 | $| 618649 |
| &nbsp;&nbsp;Keurig Dr Pepper | 18384 |  | 635167 |
| &nbsp;&nbsp;Kimberly-Clark | 4965 |  | 620873 |
| &nbsp;&nbsp;Kraft Heinz | 16215 |  | 631412 |
| &nbsp;&nbsp;Kroger | 14537 |  | 627126 |
| &nbsp;&nbsp;Lancaster Colony | 3472 |  | 666555 |
| &nbsp;&nbsp;McCormick | 8596 |  | 638855 |
| &nbsp;&nbsp;Molson Coors Beverage, Cl B | 12084 |  | 642748 |
| &nbsp;&nbsp;PepsiCo | 3768 |  | 653861 |
| &nbsp;&nbsp;Philip Morris International | 6360 |  | 618828 |
| &nbsp;&nbsp;Pilgrim's Pride\* | 27092 |  | 633682 |
| &nbsp;&nbsp;Post Holdings\* | 6778 |  | 609749 |
| &nbsp;&nbsp;Procter & Gamble | 4578 |  | 629750 |
| &nbsp;&nbsp;SpartanNash | 20368 |  | 545048 |
| &nbsp;&nbsp;Sprouts Farmers Market\* | 19978 |  | 605134 |
| &nbsp;&nbsp;Tootsie Roll Industries | 13701 |  | 603255 |
| &nbsp;&nbsp;TreeHouse Foods\* | 13392 |  | 653396 |
| &nbsp;&nbsp;Tyson Foods, Cl A | 10601 |  | 628003 |
| &nbsp;&nbsp;Universal | 11887 |  | 601363 |
| &nbsp;&nbsp;USANA Health Sciences\* | 11013 |  | 669370 |
| &nbsp;&nbsp;Walmart | 4602 |  | 654082 |
| &nbsp;&nbsp;WD-40 | 3681 |  | 638396 |
|  |  |  | 28096104 |
| **Energy — 1.2%** | **Energy — 1.2%** | **Energy — 1.2%** | **Energy — 1.2%** |
| &nbsp;&nbsp;Dorian LPG | 29783 |  | 653738 |
| &nbsp;&nbsp;Exxon Mobil | 5795 |  | 636928 |
| &nbsp;&nbsp;HF Sinclair | 12356 |  | 614340 |
|  |  |  | 1905006 |
| **Financials — 21.7%** | **Financials — 21.7%** | **Financials — 21.7%** | **Financials — 21.7%** |
| &nbsp;&nbsp;American Financial Group | 4740 |  | 635681 |
| &nbsp;&nbsp;AMERISAFE | 11537 |  | 629228 |
| &nbsp;&nbsp;BancFirst | 7672 |  | 692397 |
| &nbsp;&nbsp;Bank of Hawaii | 8296 |  | 621039 |
| &nbsp;&nbsp;Brookline Bancorp | 47228 |  | 612075 |
| &nbsp;&nbsp;Capitol Federal Financial | 74683 |  | 626590 |
| &nbsp;&nbsp;Cboe Global Markets | 5128 |  | 647000 |
| &nbsp;&nbsp;City Holding | 6596 |  | 647727 |
| &nbsp;&nbsp;CME Group, Cl A | 3705 |  | 686759 |
| &nbsp;&nbsp;Commerce Bancshares | 9661 |  | 639075 |
| &nbsp;&nbsp;Community Bank System | 10521 |  | 642307 |
| &nbsp;&nbsp;CVB Financial | 25684 |  | 614618 |
| &nbsp;&nbsp;Eagle Bancorp | 13489 |  | 590953 |
| &nbsp;&nbsp;Employers Holdings | 14854 |  | 659666 |
| &nbsp;&nbsp;Encore Capital Group\* | 11296 |  | 583777 |
| &nbsp;&nbsp;First Financial Bankshares | 17652 |  | 647475 |
| &nbsp;&nbsp;First Horizon | 26225 |  | 649593 |
| &nbsp;&nbsp;Hanover Insurance Group | 4507 |  | 628636 |
| &nbsp;&nbsp;Heritage Financial | 22084 |  | 615481 |
| &nbsp;&nbsp;Horace Mann Educators | 17991 |  | 664947 |
| &nbsp;&nbsp;Independent Bank | 7934 |  | 632181 |
| &nbsp;&nbsp;International Bancshares | 13631 |  | 661512 |

---

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2023 (Unaudited) (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |
| &nbsp;&nbsp;Lakeland Financial | 9049 | $| 648089 |
| &nbsp;&nbsp;Mercury General | 16954 |  | 577284 |
| &nbsp;&nbsp;NBT Bancorp | 15862 |  | 643839 |
| &nbsp;&nbsp;Northfield Bancorp | 43662 |  | 642268 |
| &nbsp;&nbsp;Northwest Bancshares | 44933 |  | 620974 |
| &nbsp;&nbsp;Old Republic International | 24582 |  | 648227 |
| &nbsp;&nbsp;PRA Group\* | 15904 |  | 676875 |
| &nbsp;&nbsp;Preferred Bank | 8847 |  | 622829 |
| &nbsp;&nbsp;ProAssurance | 32424 |  | 644913 |
| &nbsp;&nbsp;Progressive | 4703 |  | 674975 |
| &nbsp;&nbsp;Prosperity Bancshares | 8321 |  | 611510 |
| &nbsp;&nbsp;Provident Financial Services | 26889 |  | 627858 |
| &nbsp;&nbsp;Reinsurance Group of America, Cl A | 4442 |  | 641736 |
| &nbsp;&nbsp;RLI | 4853 |  | 669277 |
| &nbsp;&nbsp;S&T Bancorp | 17377 |  | 647467 |
| &nbsp;&nbsp;Safety Insurance Group | 7444 |  | 600656 |
| &nbsp;&nbsp;Selective Insurance Group | 6384 |  | 648168 |
| &nbsp;&nbsp;ServisFirst Bancshares | 9010 |  | 666290 |
| &nbsp;&nbsp;Southside Bancshares | 16363 |  | 624903 |
| &nbsp;&nbsp;Tompkins Financial | 8363 |  | 625469 |
| &nbsp;&nbsp;Travelers | 3481 |  | 644403 |
| &nbsp;&nbsp;TrustCo Bank NY | 17439 |  | 653265 |
| &nbsp;&nbsp;Trustmark | 21369 |  | 628249 |
| &nbsp;&nbsp;United Bankshares | 15527 |  | 633036 |
| &nbsp;&nbsp;Universal Insurance Holdings | 50944 |  | 984748 |
| &nbsp;&nbsp;Unum Group | 15289 |  | 681125 |
| &nbsp;&nbsp;Washington Federal | 18208 |  | 638555 |
| &nbsp;&nbsp;Westamerica BanCorp | 11433 |  | 630187 |
| &nbsp;&nbsp;WR Berkley | 9479 |  | 627415 |
|  |  |  | 32913307 |
| **Health Care — 14.5%** | **Health Care — 14.5%** | **Health Care — 14.5%** | **Health Care — 14.5%** |
| &nbsp;&nbsp;AbbVie | 4465 |  | 687164 |
| &nbsp;&nbsp;Amgen | 2655 |  | 615057 |
| &nbsp;&nbsp;Amphastar Pharmaceuticals\* | 20686 |  | 659056 |
| &nbsp;&nbsp;Becton Dickinson | 2587 |  | 606781 |
| &nbsp;&nbsp;Bristol-Myers Squibb | 8687 |  | 599056 |
| &nbsp;&nbsp;Cardinal Health | 8405 |  | 636343 |
| &nbsp;&nbsp;Chemed | 1297 |  | 676489 |
| &nbsp;&nbsp;Cigna Group | 2245 |  | 655765 |
| &nbsp;&nbsp;DaVita\* | 7712 |  | 634389 |
| &nbsp;&nbsp;Elevance Health | 1352 |  | 634994 |
| &nbsp;&nbsp;Eli Lilly | 1917 |  | 596609 |
| &nbsp;&nbsp;Envista Holdings\* | 15862 |  | 613225 |
| &nbsp;&nbsp;Exelixis\* | 37492 |  | 640363 |
| &nbsp;&nbsp;Gilead Sciences | 7497 |  | 603733 |
| &nbsp;&nbsp;Halozyme Therapeutics\* | 12490 |  | 599395 |
| &nbsp;&nbsp;HealthEquity\* | 10658 |  | 694581 |
| &nbsp;&nbsp;HealthStream\* | 26515 |  | 680110 |
| &nbsp;&nbsp;Humana | 1332 |  | 659367 |
| &nbsp;&nbsp;Incyte\* | 7675 |  | 590822 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** |
| &nbsp;&nbsp;Innoviva\* | 50944 | $| 614894 |
| &nbsp;&nbsp;Ironwood Pharmaceuticals, Cl A\* | 56353 |  | 635098 |
| &nbsp;&nbsp;Jazz Pharmaceuticals\* | 4228 |  | 593611 |
| &nbsp;&nbsp;Johnson & Johnson | 3963 |  | 607369 |
| &nbsp;&nbsp;McKesson | 1807 |  | 632107 |
| &nbsp;&nbsp;Merck | 6224 |  | 661237 |
| &nbsp;&nbsp;Molina Healthcare\* | 2164 |  | 595814 |
| &nbsp;&nbsp;Neurocrine Biosciences\* | 6165 |  | 635612 |
| &nbsp;&nbsp;NextGen Healthcare\* | 35518 |  | 643231 |
| &nbsp;&nbsp;Perrigo PLC | 17842 |  | 672464 |
| &nbsp;&nbsp;Pfizer | 14796 |  | 600274 |
| &nbsp;&nbsp;Phibro Animal Health, Cl A | 40493 |  | 636145 |
| &nbsp;&nbsp;Prestige Consumer Healthcare\* | 10646 |  | 641422 |
| &nbsp;&nbsp;Quest Diagnostics | 4453 |  | 616117 |
| &nbsp;&nbsp;Supernus Pharmaceuticals\* | 15889 |  | 597268 |
| &nbsp;&nbsp;United Therapeutics\* | 2536 |  | 623957 |
|  |  |  | 22089919 |
| **Industrials — 9.8%** | **Industrials — 9.8%** | **Industrials — 9.8%** | **Industrials — 9.8%** |
| &nbsp;&nbsp;Aerojet Rocketdyne Holdings\* | 11634 |  | 655460 |
| &nbsp;&nbsp;CACI International, Cl A\* | 2137 |  | 626141 |
| &nbsp;&nbsp;Curtiss-Wright | 3803 |  | 664726 |
| &nbsp;&nbsp;FTI Consulting\* | 3916 |  | 719408 |
| &nbsp;&nbsp;Huntington Ingalls Industries | 2916 |  | 627523 |
| &nbsp;&nbsp;KBR | 12607 |  | 694772 |
| &nbsp;&nbsp;L3Harris Technologies | 3049 |  | 643918 |
| &nbsp;&nbsp;Landstar System | 3538 |  | 639635 |
| &nbsp;&nbsp;Leidos Holdings | 6584 |  | 639109 |
| &nbsp;&nbsp;Lincoln Electric Holdings | 3753 |  | 630241 |
| &nbsp;&nbsp;Lockheed Martin | 1380 |  | 654479 |
| &nbsp;&nbsp;MDU Resources Group | 21036 |  | 669997 |
| &nbsp;&nbsp;Mercury Systems\* | 11793 |  | 617246 |
| &nbsp;&nbsp;MSA Safety | 4704 |  | 631982 |
| &nbsp;&nbsp;MSC Industrial Direct, Cl A | 7286 |  | 615813 |
| &nbsp;&nbsp;National Presto Industries | 8756 |  | 600924 |
| &nbsp;&nbsp;Northrop Grumman | 1441 |  | 668782 |
| &nbsp;&nbsp;Park Aerospace | 44228 |  | 726223 |
| &nbsp;&nbsp;Republic Services, Cl A | 5226 |  | 673789 |
| &nbsp;&nbsp;Rollins | 18158 |  | 639162 |
| &nbsp;&nbsp;Science Applications International | 6168 |  | 657756 |
| &nbsp;&nbsp;Waste Management | 4265 |  | 638726 |
| &nbsp;&nbsp;Werner Enterprises | 13348 |  | 620015 |
|  |  |  | 14955827 |
| **Information Technology — 2.1%** | **Information Technology — 2.1%** | **Information Technology — 2.1%** | **Information Technology — 2.1%** |
| &nbsp;&nbsp;CSG Systems International | 10644 |  | 598193 |
| &nbsp;&nbsp;Genpact | 13861 |  | 661586 |
| &nbsp;&nbsp;International Business Machines | 4754 |  | 614692 |
| &nbsp;&nbsp;MAXIMUS | 8619 |  | 707447 |

---

**ETC 6 Meridian**

**Low Beta Equity Strategy ETF**

Schedule of Investments

February 28, 2023 (Unaudited) (Concluded)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Information Technology (continued)** | **Information Technology (continued)** | **Information Technology (continued)** | **Information Technology (continued)** |
| &nbsp;&nbsp;Western Union | 46118 | $| 597689 |
|  |  |  | 3179607 |
| **Materials — 3.3%** |  |  |  |
| &nbsp;&nbsp;AptarGroup | 5707 |  | 666121 |
| &nbsp;&nbsp;CF Industries Holdings | 7529 |  | 646665 |
| &nbsp;&nbsp;Clearwater Paper\* | 16450 |  | 634806 |
| &nbsp;&nbsp;NewMarket | 1811 |  | 622079 |
| &nbsp;&nbsp;Newmont | 13602 |  | 593183 |
| &nbsp;&nbsp;Royal Gold | 5161 |  | 613075 |
| &nbsp;&nbsp;Silgan Holdings | 11796 |  | 629906 |
| &nbsp;&nbsp;Sonoco Products | 10577 |  | 624678 |
|  |  |  | 5030513 |
| **Real Estate — 4.8%** | **Real Estate — 4.8%** | **Real Estate — 4.8%** | **Real Estate — 4.8%** |
| &nbsp;&nbsp;Apartment Income‡ | 16826 |  | 636023 |
| &nbsp;&nbsp;CareTrust‡ | 31850 |  | 626490 |
| &nbsp;&nbsp;Centerspace‡ | 9323 |  | 583713 |
| &nbsp;&nbsp;Community Healthcare Trust‡ | 15138 |  | 586446 |
| &nbsp;&nbsp;Corporate Office Properties Trust‡ | 24008 |  | 610523 |
| &nbsp;&nbsp;Easterly Government Properties, Cl A‡ | 39919 |  | 602777 |
| &nbsp;&nbsp;Four Corners Property Trust‡ | 22397 |  | 608079 |
| &nbsp;&nbsp;Getty Realty‡ | 18091 |  | 621064 |
| &nbsp;&nbsp;LTC Properties‡ | 17308 |  | 619973 |
| &nbsp;&nbsp;National Retail Properties‡ | 13753 |  | 623286 |
| &nbsp;&nbsp;Omega Healthcare Investors‡ | 22655 |  | 606927 |
| &nbsp;&nbsp;Universal Health Realty Income Trust‡ | 11614 |  | 615774 |
|  |  |  | 7341075 |
| **Utilities — 15.7%** | **Utilities — 15.7%** | **Utilities — 15.7%** | **Utilities — 15.7%** |
| &nbsp;&nbsp;ALLETE | 10360 |  | 633928 |
| &nbsp;&nbsp;Alliant Energy | 12005 |  | 615496 |
| &nbsp;&nbsp;Ameren | 7537 |  | 623385 |
| &nbsp;&nbsp;American Electric Power | 6999 |  | 615702 |
| &nbsp;&nbsp;American States Water | 6613 |  | 590541 |
| &nbsp;&nbsp;Avista | 15587 |  | 640937 |
| &nbsp;&nbsp;Black Hills | 9066 |  | 556743 |
| &nbsp;&nbsp;California Water Service Group | 10272 |  | 587969 |
| &nbsp;&nbsp;Chesapeake Utilities | 5152 |  | 659919 |
| &nbsp;&nbsp;CMS Energy | 10205 |  | 601789 |
| &nbsp;&nbsp;Consolidated Edison | 6921 |  | 618391 |
| &nbsp;&nbsp;Dominion Energy | 10487 |  | 583287 |
| &nbsp;&nbsp;DTE Energy | 5688 |  | 624030 |
| &nbsp;&nbsp;Duke Energy | 6360 |  | 599494 |
| &nbsp;&nbsp;Essential Utilities | 13642 |  | 583605 |
| &nbsp;&nbsp;Evergy | 10426 |  | 613153 |
| &nbsp;&nbsp;Eversource Energy | 7963 |  | 600092 |
| &nbsp;&nbsp;FirstEnergy | 16306 |  | 644739 |
| &nbsp;&nbsp;Hawaiian Electric Industries | 14974 |  | 605698 |
| &nbsp;&nbsp;IDACORP | 6098 |  | 630533 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Utilities (continued)** | **Utilities (continued)** | **Utilities (continued)** |
| &nbsp;&nbsp;Middlesex Water | 7186 | $549729 |
| &nbsp;&nbsp;National Fuel Gas | 11071 | 634147 |
| &nbsp;&nbsp;New Jersey Resources | 12356 | 630527 |
| &nbsp;&nbsp;NiSource | 23744 | 651298 |
| &nbsp;&nbsp;Northwest Natural Holding | 12545 | 606425 |
| &nbsp;&nbsp;NorthWestern | 11308 | 653377 |
| &nbsp;&nbsp;OGE Energy | 16619 | 593631 |
| &nbsp;&nbsp;ONE Gas | 7729 | 619557 |
| &nbsp;&nbsp;Pinnacle West Capital | 8563 | 630922 |
| &nbsp;&nbsp;PNM Resources | 13171 | 645379 |
| &nbsp;&nbsp;Portland General Electric | 13403 | 640663 |
| &nbsp;&nbsp;Sempra Energy | 4107 | 615886 |
| &nbsp;&nbsp;SJW Group | 8093 | 618629 |
| &nbsp;&nbsp;Southern | 9536 | 601340 |
| &nbsp;&nbsp;Spire | 8609 | 606074 |
| &nbsp;&nbsp;UGI | 16131 | 600557 |
| &nbsp;&nbsp;Unitil | 12073 | 655806 |
| &nbsp;&nbsp;WEC Energy Group | 6901 | 611843 |
| &nbsp;&nbsp;Xcel Energy | 9411 | 607668 |
|  |  | 24002889 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;(Cost $148,096,127) |  | 151358761 |
| **SHORT-TERM INVESTMENT — 0.7%** | **SHORT-TERM INVESTMENT — 0.7%** | **SHORT-TERM INVESTMENT — 0.7%** |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, CI Institutional, 4.51%<sup>(A)</sup> | 1129463 | 1129463 |
| Total Short-Term Investment (Cost $1,129,463) |  | 1129463 |
| Total Investments - 99.9% |  |  |
| &nbsp;&nbsp;(Cost $149,225,590) |  | $152488224 |

---

Percentages are based on Net Assets of $152,652,750.

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| ‡ | Real Estate Investment Trust |
| (A) | The rate reported is the 7-day effective yield as of February 28, 2023. |

---

Cl — Class <br> PLC — Public Limited Company <br>

MER-QH-001-0600

**ETC 6 Meridian**

**Mega Cap Equity ETF**

Schedule of Investments

February 28, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK — 99.7%** | **COMMON STOCK — 99.7%** | **COMMON STOCK — 99.7%** |
| **Communication Services — 6.4%** | **Communication Services — 6.4%** | **Communication Services — 6.4%** |
| &nbsp;&nbsp;Alphabet, Cl C\* | 23641 | $2134782 |
| &nbsp;&nbsp;T-Mobile US\* | 15884 | 2258387 |
| &nbsp;&nbsp;Verizon Communications | 172560 | 6697054 |
|  |  | 11090223 |
| **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** | **Consumer Discretionary — 5.2%** |
| &nbsp;&nbsp;Home Depot | 7307 | 2166818 |
| &nbsp;&nbsp;Lowe's | 11227 | 2309955 |
| &nbsp;&nbsp;McDonald's | 9006 | 2376773 |
| &nbsp;&nbsp;NIKE, Cl B | 18516 | 2199516 |
|  |  | 9053062 |
| **Consumer Staples — 21.4%** | **Consumer Staples — 21.4%** | **Consumer Staples — 21.4%** |
| &nbsp;&nbsp;Altria Group | 151327 | 7026112 |
| &nbsp;&nbsp;Colgate-Palmolive | 63957 | 4688048 |
| &nbsp;&nbsp;Costco Wholesale | 4630 | 2241753 |
| &nbsp;&nbsp;Kraft Heinz | 177456 | 6910137 |
| &nbsp;&nbsp;PepsiCo | 13976 | 2425255 |
| &nbsp;&nbsp;Philip Morris International | 68260 | 6641698 |
| &nbsp;&nbsp;Procter & Gamble | 16746 | 2303580 |
| &nbsp;&nbsp;Walmart | 33151 | 4711752 |
|  |  | 36948335 |
| **Energy — 10.2%** | **Energy — 10.2%** | **Energy — 10.2%** |
| &nbsp;&nbsp;Chevron | 41981 | 6749286 |
| &nbsp;&nbsp;ConocoPhillips | 61121 | 6316855 |
| &nbsp;&nbsp;Exxon Mobil | 41800 | 4594238 |
|  |  | 17660379 |
| **Financials — 13.6%** | **Financials — 13.6%** | **Financials — 13.6%** |
| &nbsp;&nbsp;American Express | 13812 | 2403150 |
| &nbsp;&nbsp;American International Group | 39163 | 2393251 |
| &nbsp;&nbsp;Bank of New York Mellon | 47202 | 2401638 |
| &nbsp;&nbsp;Capital One Financial | 20612 | 2248357 |
| &nbsp;&nbsp;Citigroup | 91968 | 4661858 |
| &nbsp;&nbsp;Goldman Sachs Group | 6556 | 2305417 |
| &nbsp;&nbsp;JPMorgan Chase | 17178 | 2462466 |
| &nbsp;&nbsp;US Bancorp | 97442 | 4650907 |
|  |  | 23527044 |
| **Health Care — 22.9%** | **Health Care — 22.9%** | **Health Care — 22.9%** |
| &nbsp;&nbsp;AbbVie | 49071 | 7552027 |
| &nbsp;&nbsp;Amgen | 19464 | 4509030 |
| &nbsp;&nbsp;Bristol-Myers Squibb | 33665 | 2321538 |
| &nbsp;&nbsp;Eli Lilly | 13998 | 4356458 |
| &nbsp;&nbsp;Gilead Sciences | 57096 | 4597941 |
| &nbsp;&nbsp;Johnson & Johnson | 14539 | 2228247 |
| &nbsp;&nbsp;Merck | 44831 | 4762845 |
| &nbsp;&nbsp;Pfizer | 163612 | 6637738 |
| &nbsp;&nbsp;UnitedHealth Group | 4825 | 2296411 |
|  |  | 39262235 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Industrials — 9.6%** | **Industrials — 9.6%** | **Industrials — 9.6%** |
| &nbsp;&nbsp;&nbsp;3M | 20697 | $2229895 |
| &nbsp;&nbsp;&nbsp;Caterpillar | 9608 | 2301596 |
| &nbsp;&nbsp;&nbsp;General Dynamics | 10404 | 2371176 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin | 10374 | 4919973 |
| &nbsp;&nbsp;&nbsp;Raytheon Technologies | 24363 | 2389767 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Cl B | 12963 | 2365618 |
|  |  | 16578025 |
| **Information Technology — 7.8%** | **Information Technology — 7.8%** | **Information Technology — 7.8%** |
| &nbsp;&nbsp;&nbsp;Accenture PLC, Cl A | 8455 | 2245225 |
| &nbsp;&nbsp;&nbsp;Adobe\* | 6244 | 2022744 |
| &nbsp;&nbsp;&nbsp;Apple | 16487 | 2430349 |
| &nbsp;&nbsp;&nbsp;International Business Machines | 17749 | 2294946 |
| &nbsp;&nbsp;&nbsp;QUALCOMM | 17317 | 2139169 |
| &nbsp;&nbsp;&nbsp;Texas Instruments | 13168 | 2257653 |
|  |  | 13390086 |
| **Materials — 2.6%** | **Materials — 2.6%** | **Materials — 2.6%** |
| &nbsp;&nbsp;&nbsp;Dow | 79643 | 4555580 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;(Cost $174,104,850) |  | 172064969 |
| **SHORT-TERM INVESTMENT — 0.1%** | **SHORT-TERM INVESTMENT — 0.1%** | **SHORT-TERM INVESTMENT — 0.1%** |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, <br> CI Institutional, 4.51%<sup>(A)</sup> | 208612 | 208612 |
| Total Short-Term Investment |  | 208612 |
| &nbsp;&nbsp; (Cost $208,612) |  |  |
| Total Investments - 99.8% |  |  |
| &nbsp;&nbsp;(Cost $174,313,462) |  | $172273581 |

---

Percentages are based on Net Assets of $172,567,690

\* Non-income producing security. <br> (A) The rate reported is the 7-day effective yield as of February 28, 2023.

Cl — Class <br> PLC — Public Limited Company

MER-QH-001-0600

**ETC 6 Meridian**

**Small Cap Equity ETF**

Schedule of Investments

February 28, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 99.9%** | **COMMON STOCK<sup>††</sup> — 99.9%** | **COMMON STOCK<sup>††</sup> — 99.9%** |
| **Communication Services — 3.3%** | **Communication Services — 3.3%** | **Communication Services — 3.3%** |
| &nbsp;&nbsp;ATN International | 16458 | $692059 |
| &nbsp;&nbsp;Scholastic | 17517 | 798950 |
| &nbsp;&nbsp;Telephone and Data Systems | 58724 | 745208 |
|  |  | 2236217 |
| **Consumer Discretionary — 9.9%** | **Consumer Discretionary — 9.9%** | **Consumer Discretionary — 9.9%** |
| &nbsp;&nbsp;Asbury Automotive Group\* | 3256 | 739438 |
| &nbsp;&nbsp;Ethan Allen Interiors | 25954 | 766941 |
| &nbsp;&nbsp;Group 1 Automotive | 3356 | 741911 |
| &nbsp;&nbsp;MDC Holdings | 19628 | 726236 |
| &nbsp;&nbsp;Patrick Industries | 10255 | 747077 |
| &nbsp;&nbsp;Perdoceo Education\* | 50679 | 698610 |
| &nbsp;&nbsp;Sonic Automotive, Cl A | 13426 | 763804 |
| &nbsp;&nbsp;Upbound Group, Cl A | 26644 | 715391 |
| &nbsp;&nbsp;Vista Outdoor\* | 28121 | 803136 |
|  |  | 6702544 |
| **Consumer Staples — 8.2%** | **Consumer Staples — 8.2%** | **Consumer Staples — 8.2%** |
| &nbsp;&nbsp;Calavo Growers | 24193 | 780708 |
| &nbsp;&nbsp;Fresh Del Monte Produce | 27410 | 857386 |
| &nbsp;&nbsp;Hostess Brands, Cl A\* | 34674 | 856448 |
| &nbsp;&nbsp;John B Sanfilippo & Son | 8524 | 765199 |
| &nbsp;&nbsp;Tootsie Roll Industries | 16871 | 742830 |
| &nbsp;&nbsp;TreeHouse Foods\* | 16718 | 815671 |
| &nbsp;&nbsp;Universal | 14351 | 726017 |
|  |  | 5544259 |
| **Energy — 5.7%** | **Energy — 5.7%** | **Energy — 5.7%** |
| &nbsp;&nbsp;Dorian LPG | 35562 | 780586 |
| &nbsp;&nbsp;Par Pacific Holdings\* | 29395 | 816593 |
| &nbsp;&nbsp;REX American Resources\* | 23901 | 788972 |
| &nbsp;&nbsp;SM Energy | 24638 | 727067 |
| &nbsp;&nbsp;Talos Energy\* | 42355 | 754343 |
|  |  | 3867561 |
| **Financials — 31.8%** | **Financials — 31.8%** | **Financials — 31.8%** |
| &nbsp;&nbsp;Ambac Financial Group\* | 48269 | 798852 |
| &nbsp;&nbsp;Ameris Bancorp | 15775 | 755149 |
| &nbsp;&nbsp;AMERISAFE | 14245 | 776922 |
| &nbsp;&nbsp;BankUnited | 19945 | 706452 |
| &nbsp;&nbsp;Capitol Federal Financial | 90160 | 756442 |
| &nbsp;&nbsp;City Holding | 7930 | 778727 |
| &nbsp;&nbsp;CVB Financial | 31080 | 743744 |
| &nbsp;&nbsp;Employers Holdings | 18248 | 810394 |
| &nbsp;&nbsp;Encore Capital Group\* | 27702 | 1431639 |
| &nbsp;&nbsp;Enova International\* | 14852 | 724035 |
| &nbsp;&nbsp;Hilltop Holdings | 23018 | 763507 |
| &nbsp;&nbsp;HomeStreet | 26609 | 671345 |
| &nbsp;&nbsp;Hope Bancorp | 57446 | 735883 |
| &nbsp;&nbsp;Horace Mann Educators | 21807 | 805987 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |
| &nbsp;&nbsp;Lakeland Financial | 10820 | $| 774928 |
| &nbsp;&nbsp;Mercury General | 20503 |  | 698127 |
| &nbsp;&nbsp;Northfield Bancorp | 53998 |  | 794311 |
| &nbsp;&nbsp;Northwest Bancshares | 54257 |  | 749832 |
| &nbsp;&nbsp;PRA Group\* | 19167 |  | 815748 |
| &nbsp;&nbsp;ProAssurance | 39660 |  | 788837 |
| &nbsp;&nbsp;Safety Insurance Group | 8968 |  | 723628 |
| &nbsp;&nbsp;Southside Bancshares | 19985 |  | 763227 |
| &nbsp;&nbsp;Stewart Information Services | 15368 |  | 652986 |
| &nbsp;&nbsp;TrustCo Bank NY | 21053 |  | 788645 |
| &nbsp;&nbsp;Universal Insurance Holdings | 62087 |  | 1200142 |
| &nbsp;&nbsp;Virtus Investment Partners | 3231 |  | 679899 |
| &nbsp;&nbsp;Westamerica BanCorp | 14008 |  | 772121 |
|  |  |  | 21461509 |
| **Health Care — 8.8%** | **Health Care — 8.8%** | **Health Care — 8.8%** | **Health Care — 8.8%** |
| &nbsp;&nbsp;Amphastar Pharmaceuticals\* | 25364 |  | 808097 |
| &nbsp;&nbsp;Dynavax Technologies\* | 67717 |  | 697485 |
| &nbsp;&nbsp;Innoviva\* | 124249 |  | 1499685 |
| &nbsp;&nbsp;Ironwood Pharmaceuticals, Cl A\* | 69439 |  | 782578 |
| &nbsp;&nbsp;Prestige Consumer Healthcare\* | 12986 |  | 782407 |
| &nbsp;&nbsp;REGENXBIO\* | 33331 |  | 741615 |
| &nbsp;&nbsp;Vir Biotechnology\* | 26264 |  | 598819 |
|  |  |  | 5910686 |
| **Industrials — 13.3%** | **Industrials — 13.3%** | **Industrials — 13.3%** | **Industrials — 13.3%** |
| &nbsp;&nbsp;Aerojet Rocketdyne Holdings\* | 14174 |  | 798563 |
| &nbsp;&nbsp;ArcBest | 9130 |  | 878306 |
| &nbsp;&nbsp;Boise Cascade | 10096 |  | 697735 |
| &nbsp;&nbsp;Encore Wire | 4608 |  | 889390 |
| &nbsp;&nbsp;Heidrick & Struggles International | 24201 |  | 830820 |
| &nbsp;&nbsp;Korn Ferry | 13839 |  | 773462 |
| &nbsp;&nbsp;Matson | 11106 |  | 738660 |
| &nbsp;&nbsp;Mueller Industries | 11278 |  | 834234 |
| &nbsp;&nbsp;Park Aerospace | 55357 |  | 908962 |
| &nbsp;&nbsp;Resources Connection | 43735 |  | 789854 |
| &nbsp;&nbsp;Veritiv | 5395 |  | 817018 |
|  |  |  | 8957004 |
| **Information Technology — 2.2%** | **Information Technology — 2.2%** | **Information Technology — 2.2%** | **Information Technology — 2.2%** |
| &nbsp;&nbsp;Kulicke & Soffa Industries | 14003 |  | 746360 |
| &nbsp;&nbsp;Photronics\* | 41229 |  | 726455 |
|  |  |  | 1472815 |
| **Materials — 5.6%** | **Materials — 5.6%** | **Materials — 5.6%** | **Materials — 5.6%** |
| &nbsp;&nbsp;FutureFuel | 86514 |  | 756998 |
| &nbsp;&nbsp;Mercer International | 61222 |  | 659973 |
| &nbsp;&nbsp;Olympic Steel | 16221 |  | 851603 |
| &nbsp;&nbsp;TimkenSteel\* | 38353 |  | 701476 |
| &nbsp;&nbsp;Warrior Met Coal | 20909 |  | 800187 |
|  |  |  | 3770237 |

---

**ETC 6 Meridian**

**Small Cap Equity ETF**

Schedule of Investments

February 28, 2023 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Real Estate — 3.2%** | **Real Estate — 3.2%** | **Real Estate — 3.2%** |
| &nbsp;&nbsp;Douglas Elliman | 156135 | $658890 |
| &nbsp;&nbsp;Easterly Government Properties, Cl A‡ | 48122 | 726642 |
| &nbsp;&nbsp;LTC Properties‡ | 20663 | 740149 |
|  |  | 2125681 |
| **Utilities — 7.9%** | **Utilities — 7.9%** | **Utilities — 7.9%** |
| &nbsp;&nbsp;American States Water | 8085 | 721991 |
| &nbsp;&nbsp;Avista | 19102 | 785474 |
| &nbsp;&nbsp;California Water Service Group | 12631 | 722998 |
| &nbsp;&nbsp;Chesapeake Utilities | 6257 | 801459 |
| &nbsp;&nbsp;Northwest Natural Holding | 15291 | 739167 |
| &nbsp;&nbsp;SJW Group | 9916 | 757979 |
| &nbsp;&nbsp;Unitil | 14930 | 810998 |
|  |  | 5340066 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;(Cost $65,702,214) |  | 67388579 |
| **SHORT-TERM INVESTMENT — 0.2%** | **SHORT-TERM INVESTMENT — 0.2%** | **SHORT-TERM INVESTMENT — 0.2%** |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, <br> CI Institutional, 4.51%<sup>(A)</sup> | 128568 | 128568 |
| Total Short-Term Investment<br> (Cost $128,568) |  | 128568 |
| Total Investments - 100.1% |  |  |
| &nbsp;&nbsp;(Cost $65,830,782) |  | $67517147 |

---

Percentages are based on Net Assets of $67,443,459

---

| | |
|:---|:---|
| †† | Narrow industries are utilized for compliance purposes, whereas broad sectors sectors are utilized for reporting. |
| ‡ | Real Estate Investment Trust |
| \* | Non-income producing security. |
| (A) | The rate reported is the 7-day effective yield as of February 28, 2023. |

---

Cl — Class <br>MER-QH-001-0600

**ETC 6 Meridian**

**Quality Growth ETF**

Schedule of Investments

February 28, 2023 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 99.8%** | **COMMON STOCK<sup>††</sup> — 99.8%** | **COMMON STOCK<sup>††</sup> — 99.8%** |
| **Communication Services — 5.0%** | **Communication Services — 5.0%** | **Communication Services — 5.0%** |
| &nbsp;&nbsp;Alphabet, Cl A\* | 12678 | $1141780 |
| &nbsp;&nbsp;Iridium Communications | 1419 | 87084 |
| &nbsp;&nbsp;Yelp, Cl A\* | 821 | 24646 |
| &nbsp;&nbsp;ZoomInfo Technologies, Cl A\* | 4131 | 99847 |
|  |  | 1353357 |
| **Consumer Discretionary — 9.6%** | **Consumer Discretionary — 9.6%** | **Consumer Discretionary — 9.6%** |
| &nbsp;&nbsp;Cavco Industries\* | 95 | 27075 |
| &nbsp;&nbsp;Dillard's, Cl A | 60 | 21385 |
| &nbsp;&nbsp;Home Depot | 4196 | 1244282 |
| &nbsp;&nbsp;Lululemon Athletica\* | 1596 | 493483 |
| &nbsp;&nbsp;Murphy USA | 248 | 63262 |
| &nbsp;&nbsp;NVR\* | 38 | 196598 |
| &nbsp;&nbsp;Skyline Champion\* | 598 | 40909 |
| &nbsp;&nbsp;Steven Madden | 910 | 33033 |
| &nbsp;&nbsp;Ulta Beauty\* | 623 | 323212 |
| &nbsp;&nbsp;Upbound Group, Cl A | 582 | 15627 |
| &nbsp;&nbsp;Williams-Sonoma | 865 | 108056 |
| &nbsp;&nbsp;XPEL\* | 253 | 16903 |
|  |  | 2583825 |
| **Consumer Staples — 9.2%** | **Consumer Staples — 9.2%** | **Consumer Staples — 9.2%** |
| &nbsp;&nbsp;Colgate-Palmolive | 10569 | 774707 |
| &nbsp;&nbsp;elf Beauty\* | 622 | 46495 |
| &nbsp;&nbsp;Hershey | 2556 | 609146 |
| &nbsp;&nbsp;Kimberly-Clark | 4256 | 532213 |
| &nbsp;&nbsp;Lancaster Colony | 245 | 47035 |
| &nbsp;&nbsp;Monster Beverage\* | 4605 | 468605 |
|  |  | 2478201 |
| **Energy — 1.7%** | **Energy — 1.7%** | **Energy — 1.7%** |
| &nbsp;&nbsp;Magnolia Oil & Gas, Cl A | 2413 | 52724 |
| &nbsp;&nbsp;PDC Energy | 1105 | 74157 |
| &nbsp;&nbsp;Targa Resources | 2736 | 202737 |
| &nbsp;&nbsp;Texas Pacific Land | 77 | 137075 |
|  |  | 466693 |
| **Financials — 0.4%** | **Financials — 0.4%** | **Financials — 0.4%** |
| &nbsp;&nbsp;PJT Partners | 502 | 39598 |
| &nbsp;&nbsp;RLI | 533 | 73506 |
|  |  | 113104 |
| **Health Care — 26.4%** | **Health Care — 26.4%** | **Health Care — 26.4%** |
| &nbsp;&nbsp;AMN Healthcare Services\* | 572 | 51486 |
| &nbsp;&nbsp;Chemed | 185 | 96492 |
| &nbsp;&nbsp;Corcept Therapeutics\* | 1185 | 24684 |
| &nbsp;&nbsp;CorVel\* | 111 | 20011 |
| &nbsp;&nbsp;Dynavax Technologies\* | 1559 | 16058 |
| &nbsp;&nbsp;Edwards Lifesciences\* | 7883 | 634109 |
| &nbsp;&nbsp;Globus Medical, Cl A\* | 1265 | 73800 |
| &nbsp;&nbsp;Harmony Biosciences Holdings\* | 405 | 17832 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** | **Health Care (continued)** |
| &nbsp;&nbsp;Incyte\* | 2380 | $| 183212 |
| &nbsp;&nbsp;Inspire Medical Systems\* | 358 |  | 93055 |
| &nbsp;&nbsp;Intuitive Surgical\* | 4368 |  | 1001975 |
| &nbsp;&nbsp;Ironwood Pharmaceuticals, Cl A\* | 1647 |  | 18562 |
| &nbsp;&nbsp;Karuna Therapeutics\* | 342 |  | 68202 |
| &nbsp;&nbsp;Merck | 11622 |  | 1234721 |
| &nbsp;&nbsp;Moderna\* | 4243 |  | 588971 |
| &nbsp;&nbsp;Neurocrine Biosciences\* | 1262 |  | 130112 |
| &nbsp;&nbsp;Regeneron Pharmaceuticals\* | 1350 |  | 1026567 |
| &nbsp;&nbsp;Shockwave Medical\* | 441 |  | 83896 |
| &nbsp;&nbsp;Syndax Pharmaceuticals\* | 858 |  | 21750 |
| &nbsp;&nbsp;Veeva Systems, Cl A\* | 1933 |  | 320221 |
| &nbsp;&nbsp;Vertex Pharmaceuticals\* | 3129 |  | 908317 |
| &nbsp;&nbsp;Waters\* | 736 |  | 228815 |
| &nbsp;&nbsp;West Pharmaceutical Services | 925 |  | 293253 |
|  |  |  | 7136101 |
| **Industrials — 14.0%** | **Industrials — 14.0%** | **Industrials — 14.0%** | **Industrials — 14.0%** |
| &nbsp;&nbsp;Atkore\* | 479 |  | 69944 |
| &nbsp;&nbsp;Boise Cascade | 490 |  | 33864 |
| &nbsp;&nbsp;Booz Allen Hamilton Holding, Cl A | 1626 |  | 154031 |
| &nbsp;&nbsp;Brady, Cl A | 596 |  | 32875 |
| &nbsp;&nbsp;CH Robinson Worldwide | 1421 |  | 142043 |
| &nbsp;&nbsp;Cintas | 1075 |  | 471355 |
| &nbsp;&nbsp;Copart\* | 5348 |  | 376820 |
| &nbsp;&nbsp;Expeditors International of Washington | 2037 |  | 212989 |
| &nbsp;&nbsp;Exponent | 637 |  | 65547 |
| &nbsp;&nbsp;Fastenal | 7239 |  | 373243 |
| &nbsp;&nbsp;Forward Air | 323 |  | 33337 |
| &nbsp;&nbsp;Graco | 2078 |  | 144503 |
| &nbsp;&nbsp;HEICO | 1123 |  | 185935 |
| &nbsp;&nbsp;Landstar System | 434 |  | 78463 |
| &nbsp;&nbsp;Lincoln Electric Holdings | 717 |  | 120406 |
| &nbsp;&nbsp;Mueller Industries | 639 |  | 47267 |
| &nbsp;&nbsp;Nordson | 643 |  | 141229 |
| &nbsp;&nbsp;Old Dominion Freight Line | 1268 |  | 430182 |
| &nbsp;&nbsp;Robert Half International | 1356 |  | 109321 |
| &nbsp;&nbsp;Rollins | 3233 |  | 113802 |
| &nbsp;&nbsp;UFP Industries | 748 |  | 63976 |
| &nbsp;&nbsp;WW Grainger | 562 |  | 375657 |
|  |  |  | 3776789 |
| **Information Technology — 32.4%** | **Information Technology — 32.4%** | **Information Technology — 32.4%** | **Information Technology — 32.4%** |
| &nbsp;&nbsp;Accenture PLC, Cl A | 4267 |  | 1133102 |
| &nbsp;&nbsp;Adobe\* | 3199 |  | 1036315 |
| &nbsp;&nbsp;Agilysys\* | 249 |  | 19898 |
| &nbsp;&nbsp;Allegro MicroSystems\* | 846 |  | 36953 |
| &nbsp;&nbsp;Apple | 8825 |  | 1300893 |
| &nbsp;&nbsp;Arista Networks\* | 2887 |  | 400427 |
| &nbsp;&nbsp;Badger Meter | 359 |  | 43662 |

---

**ETC 6 Meridian**

**Quality Growth ETF**

Schedule of Investments

February 28, 2023 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Information Technology (continued)** | **Information Technology (continued)** | **Information Technology (continued)** |
| &nbsp;&nbsp;Box, Cl A\* | 1710 | $57029 |
| &nbsp;&nbsp;Cadence Design Systems\* | 3358 | 647893 |
| &nbsp;&nbsp;CommVault Systems\* | 545 | 32090 |
| &nbsp;&nbsp;Jack Henry & Associates | 904 | 148473 |
| &nbsp;&nbsp;Lattice Semiconductor\* | 1641 | 139419 |
| &nbsp;&nbsp;Manhattan Associates\* | 788 | 113275 |
| &nbsp;&nbsp;Mastercard, Cl A | 3638 | 1292544 |
| &nbsp;&nbsp;Monolithic Power Systems | 547 | 264907 |
| &nbsp;&nbsp;Power Integrations | 728 | 59878 |
| &nbsp;&nbsp;Pure Storage, Cl A\* | 3507 | 100090 |
| &nbsp;&nbsp;Qualys\* | 423 | 49977 |
| &nbsp;&nbsp;SPS Commerce\* | 455 | 68541 |
| &nbsp;&nbsp;Synopsys\* | 1871 | 680594 |
| &nbsp;&nbsp;Texas Instruments | 6694 | 1147687 |
|  |  | 8773647 |
| **Materials — 1.1%** | **Materials — 1.1%** | **Materials — 1.1%** |
| &nbsp;&nbsp;CF Industries Holdings | 2496 | 214382 |
| &nbsp;&nbsp;Louisiana-Pacific | 836 | 48914 |
| &nbsp;&nbsp;Warrior Met Coal | 630 | 24110 |
|  |  | 287406 |
| **Real Estate — 0.0%** | **Real Estate — 0.0%** | **Real Estate — 0.0%** |
| &nbsp;&nbsp;eXp World Holdings | 966 | 11669 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;(Cost $28,522,812) |  | 26980792 |
| **SHORT-TERM INVESTMENT — 0.3%** | **SHORT-TERM INVESTMENT — 0.3%** | **SHORT-TERM INVESTMENT — 0.3%** |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, <br> CI Institutional, 4.51%<sup>(A)</sup> | 91050 | 91050 |
| Total Short-Term Investment<br> (Cost $91,050) |  | 91050 |
| Total Investments - 100.1% |  |  |
| &nbsp;&nbsp;(Cost $28,613,862) |  | $27071842 |

---

Percentages are based on Net Assets of $27,045,806.

†† Narrow industries are utilized for compliance purposes, whereas broad sectors sectors are utilized for reporting. <br> \* Non-income producing security. <br> (A) The rate reported is the 7-day effective yield as of February 28, 2023.

Cl — Class <br> PLC — Public Limited Company

MER-QH-001-0600

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** OKLAHOMA CITY

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 4057788377

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

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

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

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

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

- **a. Date of fiscal year-end:** 2023-11-30

- **b. Date as of which information is reported:** 2023-02-28

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $332392704.12

**Total Liabilities:** $4888370.66

**Net Assets:** $327504333.46

**Cash Not Reported:** $68081.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219256 | -2.51%               | 0.53%                | 1.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1971579.74              | $-15098145.56                              |
| Month 2  | $1529719.85              | $6267002.34                                |
| Month 3  | $1906411.39              | $-11716085.86                              |

**Designated Index Information**

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

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                                    | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M COMPANY                                                                              | 3M CO COMMON STOCK                          | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |     37523 | NS      | $4042728.02   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                                                                             | ABBVIE INC COMMON STOCK                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               |  | US        |     88981 | NS      | $13694175.90  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY                                                        | ACCENTURE PLC-CL A COMMON STOCK             | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               |  | US        |     15331 | NS      | $4071147.05   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                                                                              | ADOBE INC COMMON STOCK                      | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               |  | US        |     11323 | NS      | $3668085.85   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                                                           | ALPHABET INC-CL C COMMON STOCK              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     42863 | NS      | $3870528.90   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                                                      | ALTRIA GROUP INC COMMON STOCK               | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               |  | US        |    274399 | NS      | $12740345.57  | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                                | AMERICAN EXPRESS CO COMMON STOCK            | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               |  | US        |     25041 | NS      | $4356883.59   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                                                      | AMERICAN INTERNATIONAL GROUP COMMON STOCK   | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               |  | US        |     71006 | NS      | $4339176.66   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                                                              | AMGEN INC COMMON STOCK                      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               |  | US        |     35290 | NS      | $8175281.40   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                                                                              | APPLE INC COMMON STOCK                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               |  | US        |     29896 | NS      | $4406969.36   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation                                                 | BANK OF NEW YORK MELLON CORP COMMON STOCK   | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               |  | US        |     85591 | NS      | $4354870.08   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                                            | BRISTOL-MYERS SQUIBB CO COMMON STOCK        | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               |  | US        |     61038 | NS      | $4209180.48   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                       | CAPITAL ONE FINANCIAL CORP COMMON STOCK     | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               |  | US        |     37374 | NS      | $4076755.92   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                                                                        | CATERPILLAR INC COMMON STOCK                | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               |  | US        |     17423 | NS      | $4173679.65   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                                                                     | CHEVRON CORP COMMON STOCK                   | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               |  | US        |     76124 | NS      | $12238455.48  | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                                                          | CITIGROUP INC COMMON STOCK                  | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |    166756 | NS      | $8452861.64   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE COMPANY                                                               | COLGATE-PALMOLIVE CO COMMON STOCK           | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               |  | US        |    115965 | NS      | $8500234.50   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                                                          | CONOCOPHILLIPS COMMON STOCK                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               |  | US        |    110831 | NS      | $11454383.85  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                                                            | COSTCO WHOLESALE CORP COMMON STOCK          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               |  | US        |      8393 | NS      | $4063722.74   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                                                                                | DOW INC COMMON STOCK                        | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               |  | US        |    144409 | NS      | $8260194.80   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY                                                                   | ELI LILLY & CO COMMON STOCK                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               |  | US        |     25383 | NS      | $7899697.26   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                                 | EXXON MOBIL CORP COMMON STOCK               | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               |  | US        |     75790 | NS      | $8330078.90   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                                                            | GENERAL DYNAMICS CORP COMMON STOCK          | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               |  | US        |     18863 | NS      | $4299066.33   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                                                   | GILEAD SCIENCES INC COMMON STOCK            | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |    103526 | NS      | $8336948.78   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                                           | GOLDMAN SACHS GROUP INC COMMON STOCK        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |     11884 | NS      | $4179008.60   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HOME DEPOT, INC.                                                                    | HOME DEPOT INC COMMON STOCK                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               |  | US        |     13252 | NS      | $3929748.08   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION                                             | INTL BUSINESS MACHINES CORP COMMON STOCK    | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |     32180 | NS      | $4160874.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                                                       | JOHNSON & JOHNSON COMMON STOCK              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               |  | US        |     26359 | NS      | $4039780.34   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                                                                    | JPMORGAN CHASE & CO COMMON STOCK            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     31146 | NS      | $4464779.10   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                                                                 | KRAFT HEINZ CO/THE COMMON STOCK             | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |    321782 | NS      | $12530191.08  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                             | LOCKHEED MARTIN CORP COMMON STOCK           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               |  | US        |     18810 | NS      | $8920830.60   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                                                  | LOWE'S COS INC COMMON STOCK                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               |  | US        |     20358 | NS      | $4188658.50   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORPORATION                                                                  | MCDONALD'S CORP COMMON STOCK                | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               |  | US        |     16326 | NS      | $4308594.66   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                                                       | MERCK & CO. INC. COMMON STOCK               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |     81286 | NS      | $8635824.64   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                                                                              | NIKE INC -CL B COMMON STOCK                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               |  | US        |     33574 | NS      | $3988255.46   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                                                           | PEPSICO INC COMMON STOCK                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               |  | US        |     25342 | NS      | $4397597.26   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                                                             | PFIZER INC COMMON STOCK                     | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               |  | US        |    296679 | NS      | $12036267.03  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                                        | PHILIP MORRIS INTERNATIONAL COMMON STOCK    | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               |  | US        |    123774 | NS      | $12043210.20  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                                                            | PROCTER & GAMBLE CO/THE COMMON STOCK        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |     30362 | NS      | $4176596.72   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                                                                   | QUALCOMM INC COMMON STOCK                   | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     31403 | NS      | $3879212.59   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORPORATION                                                       | RAYTHEON TECHNOLOGIES CORP COMMON STOCK     | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               |  | US        |     44173 | NS      | $4332929.57   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg 1-3 Month T-Bill ETF                                                     | SPDR BLOOMBERG 1-3 MONTH T-B MUTUAL FUND    | CUSIP: 78468R663<br>LEI: N/A                  | Long             | EC               | RF                | US        |    187985 | NS      | $17240104.35  | 5.26%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                     | SPX US 03/17/23 C4000 SHORT                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -473 | NC      | $-2260940.00  | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                     | SPX US 04/21/23 C4050 SHORT                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -315 | NC      | $-2340450.00  | -0.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Short-Term Investments Trust: Government & Agency Portfolio; Institutional Class Shares | STIT GOVT & AGENCY INST CLASS INSTITUTIONAL | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             |  | US        |   2267564 | PA      | $2267564.30   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| T-MOBILE US, INC.                                                                       | T-MOBILE US INC COMMON STOCK                | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               |  | US        |     28796 | NS      | $4094215.28   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                                                          | TEXAS INSTRUMENTS INC COMMON STOCK          | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               |  | US        |     23872 | NS      | $4092854.40   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                                                             | UNITED PARCEL SERVICE-CL B COMMON STOCK     | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               |  | US        |     23500 | NS      | $4288515.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                         | UNITEDHEALTH GROUP INC COMMON STOCK         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               |  | US        |      8747 | NS      | $4163047.18   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                                                            | US BANCORP COMMON STOCK                     | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               |  | US        |    176683 | NS      | $8433079.59   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                                             | VERIZON COMMUNICATIONS INC COMMON STOCK     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |    312902 | NS      | $12143726.62  | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                                                                            | WALMART INC COMMON STOCK                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |     60110 | NS      | $8543434.30   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** CCO