Security	Shares		Value

Common Stocks

Semiconductor Equipment — 19.6%
Applied Materials Inc.		1,893,010	$	269,564,624
ASML Holding NV, NYS^(a)(b)		366,877		253,453,307
Entegris Inc.		822,265		101,113,927
KLA Corp.		825,149		267,521,557
Lam Research Corp.		402,371		261,822,810
MKS Instruments Inc.		337,208		60,006,163
Teradyne Inc.		1,013,995		135,834,770
				1,349,317,158
Semiconductors — 80.2%
Advanced Micro Devices Inc.^(b)(c)		3,265,252		306,705,120
Analog Devices Inc.		1,588,586		273,490,966
ASE Technology Holding Co. Ltd., ADR		4,623,539		37,219,489
Broadcom Inc.		1,107,199		527,956,771
Cree Inc.^(b)(c)		700,853		68,634,534
Intel Corp.		9,155,509		513,990,275
Marvell Technology Inc.		4,996,389		291,439,370
Maxim Integrated Products Inc.		1,631,297		171,873,452
Microchip Technology Inc.		1,640,051		245,581,237
Micron Technology Inc.^(c)		3,107,696		264,092,006
Monolithic Power Systems Inc.		264,112		98,632,626
NVIDIA Corp.		804,831		643,945,283
NXP Semiconductors NV		1,236,787		254,431,822
ON Semiconductor Corp.^(c)		2,578,217		98,694,147
Qorvo Inc.^(c)		685,207		134,060,750
QUALCOMM Inc.		2,672,370		381,961,844
Skyworks Solutions Inc.		1,006,974		193,087,265
STMicroelectronics NV., NVS		1,920,729		69,876,121
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		2,111,579		253,727,333
Texas Instruments Inc.		1,894,114		364,238,122
United Microelectronics Corp., ADR		5,238,326		49,502,181

Security	Shares		Value

Semiconductors (continued)
Universal Display Corp.		263,831	$	58,657,546
Xilinx Inc.		1,502,088		217,262,008
				5,519,060,268
Total Common Stocks — 99.8%
(Cost: $6,189,436,972)				6,868,377,426

Short-Term Investments

Money Market Funds — 4.0%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.07%^(d)(e)(f)	259,975,995		260,131,981
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(d)(e)	13,240,000		13,240,000
			273,371,981
Total Short -Term Investments — 4.0%
(Cost: $273,340,034)			273,371,981

Total Investments in Securities — 103.8%
(Cost: $6,462,777,006)			7,141,749,407

Other Assets, Less Liabilities — (3.8)%			(258,882,561	)

Net Assets — 100.0%		$	6,882,866,846

^(a)

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(b)

All or a portion of this security is on loan.

^(c)

Non-income producing security.

^(d)

Affiliate of the Fund.

^(e)

Annualized 7-day yield as of period-end.

^(f)

All or a portion of this security was purchased with cash collateral received from loaned securities.

Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of June 30, 2021. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

Schedule of Investments (unaudited)	iShares^®Semiconductor ETF
June 30, 2021	(Formerly iShares^®PHLX Semiconductor ETF)
	(Percentages shown are based on Net Assets)

Affiliated Issuer	Value at 03/31/21		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 06/30/21		Shares Held at 06/30/21		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	33,454,684	$	226,665,851	^(a)	$	—	$	8,065	$	3,381	$	260,131,981		259,975,995	$	45,562	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		9,855,000		3,385,000	^(a)		—		—		—		13,240,000		13,240,000		247			—
								$	8,065	$	3,381	$	273,371,981			$	45,809		$	—

Schedule of Investments (unaudited) (continued)	iShares^®Semiconductor ETF
June 30, 2021	(Formerly iShares^®PHLX Semiconductor ETF)

						Value/
				Notional		Unrealized
	Number of	Expiration		Amount		Appreciation
Description	Contracts	Date		(000)		(Depreciation)
Long Contracts
Russell 2000 Micro E-Mini Index	30	09/17/21	$	3,462	$	23,036
S&P Select Sector Technology E-Mini Index	68	09/17/21		10,109		404,407
					$	427,443

	Level 1		Level 2		Level 3		Total
Investments
Assets
Common Stocks	$	6,868,377,426	$	—	$	—	$	6,868,377,426
Money Market Funds		273,371,981		—		—		273,371,981
	$	7,141,749,407	$	—	$	—	$	7,141,749,407
Derivative financial instruments^(a)
Assets
Futures Contracts	$	427,443	$	—	$	—	$	427,443