ETF OPPORTUNITIES TRUST

Ticker: ARMU CUSIP: 26923N298 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

Institution	Shares	Value ($000)
Optiver Holding B.V.	2,242	$31
SBI Securities Co., Ltd.	16	$0
Total (2 institutions)	2,258	$32