ETFIS SER TR I

Ticker: VPC CUSIP: 26923G798 Class: ETF FI

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

MERCER GLOBAL ADVISORS INC /ADV

Value ($000) $71,832 Shares 115,005

Triumph Capital Management

Value ($000) $46 Shares 2,575

Kestra Advisory Services, LLC

Value ($000) $49 Shares 2,766

Smartleaf Asset Management LLC

Value ($000) $1 Shares 45

Institution	Shares	Value ($000)
MERCER GLOBAL ADVISORS INC /ADV	115,005	$71,832
Triumph Capital Management	2,575	$46
Kestra Advisory Services, LLC	2,766	$49
Smartleaf Asset Management LLC	45	$1

Increased Positions (10)

RAYMOND JAMES FINANCIAL INC

Value ($000) $1,088 (+35.4%) Shares 61,103 (+43.8%)

Cetera Investment Advisers

Value ($000) $1,575 (+6.4%) Shares 88,489 (+13.1%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $902 (+7.2%) Shares 50,662 (+13.8%)

Rockefeller Capital Management L.P.

Value ($000) $99 (+221.5%) Shares 5,537 (+241.6%)

MML INVESTORS SERVICES, LLC

Value ($000) $324 (+13.5%) Shares 18,198 (+20.6%)

ENVESTNET ASSET MANAGEMENT INC

Value ($000) $491 (-0.9%) Shares 27,562 (+5.3%)

CIBC Private Wealth Group, LLC

Value ($000) $9 (+15.1%) Shares 489 (+22.3%)

MORGAN STANLEY

Value ($000) $48 (-3.0%) Shares 2,708 (+3.0%)

Farther Finance Advisors, LLC

Value ($000) $80 (-4.5%) Shares 4,509 (+1.5%)

Virtus ETF Advisers LLC

Value ($000) $1 (-0.6%) Shares 57 (+5.6%)

Institution	Prev Shares	Curr Shares	Change
RAYMOND JAMES FINANCIAL INC	42,481	61,103	+18,622 (+43.8%)
Cetera Investment Advisers	78,257	88,489	+10,232 (+13.1%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	44,500	50,662	+6,162 (+13.8%)
Rockefeller Capital Management L.P.	1,621	5,537	+3,916 (+241.6%)
MML INVESTORS SERVICES, LLC	15,091	18,198	+3,107 (+20.6%)
ENVESTNET ASSET MANAGEMENT INC	26,187	27,562	+1,375 (+5.3%)
CIBC Private Wealth Group, LLC	400	489	+89 (+22.3%)
MORGAN STANLEY	2,628	2,708	+80 (+3.0%)
Farther Finance Advisors, LLC	4,444	4,509	+65 (+1.5%)
Virtus ETF Advisers LLC	54	57	+3 (+5.6%)

Decreased Positions (6)

MILESTONE ASSET MANAGEMENT, LLC

Value ($000) $998 (-9.9%) Shares 56,075 (-4.3%)

COMMONWEALTH EQUITY SERVICES, LLC

Value ($000) $225 (+28543.8%) Shares 12,648 (-69.6%)

Provident Wealth Management, LLC

Value ($000) $461 (-6.9%) Shares 25,891 (-1.1%)

OSAIC HOLDINGS, INC.

Value ($000) $261 (-31.0%) Shares 14,650 (-20.5%)

LPL Financial LLC

Value ($000) $418 (-13.0%) Shares 23,490 (-7.6%)

UBS Group AG

Value ($000) $3 (-78.5%) Shares 193 (-77.1%)

Institution	Prev Shares	Curr Shares	Change
MILESTONE ASSET MANAGEMENT, LLC	58,590	56,075	-2,515 (-4.3%)
COMMONWEALTH EQUITY SERVICES, LLC	41,554	12,648	-28,906 (-69.6%)
Provident Wealth Management, LLC	26,180	25,891	-289 (-1.1%)
OSAIC HOLDINGS, INC.	18,430	14,650	-3,780 (-20.5%)
LPL Financial LLC	25,413	23,490	-1,923 (-7.6%)
UBS Group AG	844	193	-651 (-77.1%)

Exited Positions (7)

Delta Investment Management, LLC

Value ($000) $2,144 Shares 113,373

Manchester Capital Management LLC

Value ($000) $238 Shares 12,600

Regal Investment Advisors LLC

Value ($000) $212 Shares 11,234

AXXCESS WEALTH MANAGEMENT, LLC

Value ($000) $304 Shares 16,087

BARTLETT & CO. WEALTH MANAGEMENT LLC

Value ($000) $76 Shares 4,000

FMR LLC

Value ($000) $0 Shares 21

CWM, LLC

Value ($000) $0 Shares 31

Institution	Prev Shares	Prev Value ($000)
Delta Investment Management, LLC	113,373	$2,144
Manchester Capital Management LLC	12,600	$238
Regal Investment Advisors LLC	11,234	$212
AXXCESS WEALTH MANAGEMENT, LLC	16,087	$304
BARTLETT & CO. WEALTH MANAGEMENT LLC	4,000	$76
FMR LLC	21	$0
CWM, LLC	31	$0