UTRN Vesper US Large Cap Shortterm Reversal Strategy ETF

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act File number 811-22263

 

Exchange Traded Concepts Trust

(Exact name of Registrant as specified in charter)

 

 

J. Garrett Stevens

10900 Hefner Pointe Drive

Suite 207

Oklahoma City, Oklahoma 73120

(Address of principal executive offices) (Zip code)

 

Exchange Traded Concepts Trust

10900 Hefner Pointe Drive

Suite 207

Oklahoma City, Oklahoma 73120

(Name and address of agent for service)

 

Copy to:

Christopher Menconi

Morgan, Lewis and Bockius LLP

1111 Pennsylvania Avenue, NW

Washington, DC 20004

 

Registrant’s telephone number, including area code: 1-405-778-8377

 

Date of fiscal year end: November 30, 2020

 

Date of reporting period: February 29, 2020

 

 

Item 1. Schedule of Investments

 

The Registrant’s schedules as of the close of the reporting period, as set forth in §§ 210.12-12 through 210.12-14 of Regulation S-X [17 CFR §§ 210-12.12-12.14], are attached hereto.

 

Hull Tactical US ETF

Schedule of Investments

February 29, 2020 (Unaudited)

 

 

  

Description		Shares				Fair Value
EXCHANGE-TRADED FUND — 89.8%
SPDR S&P 500 ETF Trust‡			109,485			$	32,436,026
Total Exchange-Traded Fund
(Cost $34,682,698)							32,436,026
Total Investments - 89.8%
(Cost $34,682,698)						$	32,436,026

 

Percentages are based on Net Assets of $36,102,141.

 

A list of the open futures contracts held by the Fund at February 29, 2020, is as follows:

 

Type of Contract		Number of Contracts Long		Expiration Date		Notional Amount				Value				Unrealized Depreciation
S&P 500 Index E-MINI		84		Mar-2020		$	12,592,059			$	12,459,060			$	(132,999	)

 

ETF — Exchange-Traded Fund

SPDR — Standard & Poor’s Depositary Receipts

S&P — Standard & Poor’s

 

‡The Fund’s investment in the SPDR S&P 500 ETF Trust represents greater than 25% of the Fund’s total investments. The SPDR S&P 500 ETF Trust seeks to track as closely as possible, before fees and expenses, the total return of the S&P 500 Index. For further financial information, available upon request at no charge, on the SPDR S&P 500 ETF Trust, please go to the Securities Exchange Commission’s website at http://www.sec.gov or call 1-800-DIAL-SEI.

 

As of February 29, 2020, all of the Fund's investments were considered level 1, in accordance with the authoritative guidance under U.S. generally accepted accounting principles.

 

For the period ended February 29, 2020, there were no transfers in or out of Level 3.

 

For information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual and semi-annual financial statements.

 

HTU-QH-001-1000

 

 

 

Item 2. Controls and Procedures

 

(a) The Registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)), as of a date within 90 days of the filing date of this report.

 

(b) There were no significant changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

A separate certification for the principal executive officer and the principal financial officer of the Registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), are filed herewith.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)

Exchange Traded Concepts Trust

 

By (Signature and Title)	/s/ J. Garrett Stevens
	J. Garrett Stevens, Trustee and President

 

Date: April 24, 2020

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)	/s/ J. Garrett Stevens
	J. Garrett Stevens, Trustee and President

 

Date: April 24, 2020

 

By (Signature and Title)	/s/ James J. Baker, Jr.
	James J. Baker, Jr., Treasurer

 

Date: April 24, 2020