| Schedule of Investments (unaudited) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Common Stocks | ||||||||
| Aerospace & Defense — 3.0% | ||||||||
| Boeing Co. (The)(a) | 352,394 | $ | 48,179,308 | |||||
| Curtiss-Wright Corp. | 24,861 | 3,283,144 | ||||||
| General Dynamics Corp. | 146,100 | 32,324,625 | ||||||
| Hexcel Corp. | 52,781 | 2,760,974 | ||||||
| Howmet Aerospace Inc. | 238,304 | 7,494,661 | ||||||
| Huntington Ingalls Industries Inc. | 25,492 | 5,552,667 | ||||||
| L3Harris Technologies Inc. | 70,873 | 17,130,004 | ||||||
| Lockheed Martin Corp. | 150,104 | 64,538,716 | ||||||
| Mercury Systems Inc.(a) | 35,486 | 2,282,814 | ||||||
| Northrop Grumman Corp. | 92,643 | 44,336,161 | ||||||
| Raytheon Technologies Corp. | 941,740 | 90,510,631 | ||||||
| Textron Inc. | 136,328 | 8,325,551 | ||||||
| TransDigm Group Inc.(a) | 18,355 | 9,850,578 | ||||||
| Woodward Inc. | 39,658 | 3,667,968 | ||||||
| 340,237,802 | ||||||||
| Air Freight & Logistics — 0.8% | ||||||||
| CH Robinson Worldwide Inc.(b) | 81,592 | 8,270,981 | ||||||
| FedEx Corp. | 151,092 | 34,254,067 | ||||||
| United Parcel Service Inc., Class B | 265,260 | 48,420,561 | ||||||
| 90,945,609 | ||||||||
| Airlines — 0.4% | ||||||||
| Alaska Air Group Inc.(a) | 78,616 | 3,148,571 | ||||||
| American Airlines Group Inc.(a)(b) | 406,160 | 5,150,109 | ||||||
| Delta Air Lines Inc.(a) | 405,543 | 11,748,581 | ||||||
| JetBlue Airways Corp.(a) | 199,934 | 1,673,447 | ||||||
| Southwest Airlines Co.(a) | 375,217 | 13,552,838 | ||||||
| United Airlines Holdings Inc.(a) | 205,874 | 7,292,057 | ||||||
| 42,565,603 | ||||||||
| Auto Components — 0.2% | ||||||||
| Adient PLC(a)(b) | 59,284 | 1,756,585 | ||||||
| Aptiv PLC(a) | 101,181 | 9,012,192 | ||||||
| BorgWarner Inc. | 150,680 | 5,028,191 | ||||||
| Dana Inc. | 90,625 | 1,275,094 | ||||||
| Gentex Corp. | 70,978 | 1,985,255 | ||||||
| Goodyear Tire & Rubber Co. (The)(a) | 176,639 | 1,891,804 | ||||||
| Lear Corp. | 37,424 | 4,711,307 | ||||||
| Visteon Corp.(a) | 17,535 | 1,816,275 | ||||||
| 27,476,703 | ||||||||
| Automobiles — 0.6% | ||||||||
| Ford Motor Co. | 2,502,276 | 27,850,332 | ||||||
| General Motors Co.(a) | 923,851 | 29,341,508 | ||||||
| Harley-Davidson Inc. | 96,729 | 3,062,440 | ||||||
| Thor Industries Inc. | 34,799 | 2,600,529 | ||||||
| 62,854,809 | ||||||||
| Banks — 5.3% | ||||||||
| Associated Banc-Corp. | 94,272 | 1,721,407 | ||||||
| Bank of America Corp. | 2,515,919 | 78,320,558 | ||||||
| Bank of Hawaii Corp. | 14,659 | 1,090,630 | ||||||
| Bank OZK | 40,257 | 1,510,845 | ||||||
| Cadence Bank | 42,877 | 1,006,752 | ||||||
| Cathay General Bancorp. | 29,640 | 1,160,406 | ||||||
| Citigroup Inc. | 1,230,565 | 56,593,684 | ||||||
| Citizens Financial Group Inc. | 312,247 | 11,144,095 | ||||||
| Comerica Inc. | 45,438 | 3,334,240 | ||||||
| Commerce Bancshares Inc. | 34,781 | 2,283,373 | ||||||
| Cullen/Frost Bankers Inc. | 15,757 | 1,834,903 | ||||||
| Fifth Third Bancorp. | 434,787 | 14,608,843 | ||||||
| Security | Shares | Value | ||||||
| Banks (continued) | ||||||||
| First Horizon Corp. | 338,365 | $ | 7,396,659 | |||||
| FNB Corp. | 213,043 | 2,313,647 | ||||||
| Fulton Financial Corp. | 101,305 | 1,463,857 | ||||||
| Hancock Whitney Corp. | 30,019 | 1,330,742 | ||||||
| Home BancShares Inc./AR | 75,560 | 1,569,381 | ||||||
| Huntington Bancshares Inc./OH | 916,130 | 11,021,044 | ||||||
| International Bancshares Corp. | 33,453 | 1,340,796 | ||||||
| JPMorgan Chase & Co. | 1,004,941 | 113,166,406 | ||||||
| KeyCorp | 590,313 | 10,171,093 | ||||||
| M&T Bank Corp. | 113,773 | 18,134,278 | ||||||
| Old National Bancorp./IN | 185,583 | 2,744,773 | ||||||
| PNC Financial Services Group Inc. (The) | 262,063 | 41,345,680 | ||||||
| Prosperity Bancshares Inc. | 57,844 | 3,949,010 | ||||||
| Regions Financial Corp. | 328,291 | 6,155,456 | ||||||
| Synovus Financial Corp. | 54,776 | 1,974,675 | ||||||
| Texas Capital Bancshares Inc.(a) | 31,687 | 1,668,004 | ||||||
| Truist Financial Corp. | 844,760 | 40,066,967 | ||||||
| U.S. Bancorp | 856,688 | 39,424,782 | ||||||
| Umpqua Holdings Corp. | 86,328 | 1,447,721 | ||||||
| United Bankshares Inc./WV | 85,769 | 3,007,919 | ||||||
| Valley National Bancorp | 267,089 | 2,780,396 | ||||||
| Washington Federal Inc. | 40,886 | 1,227,398 | ||||||
| Webster Financial Corp. | 68,589 | 2,891,026 | ||||||
| Wells Fargo & Co. | 2,401,862 | 94,080,935 | ||||||
| Wintrust Financial Corp. | 17,831 | 1,429,155 | ||||||
| Zions Bancorp. NA | 51,067 | 2,599,310 | ||||||
| 589,310,846 | ||||||||
| Beverages — 2.7% | ||||||||
| Boston Beer Co. Inc. (The), Class A, NVS(a)(b) | 2,429 | 735,914 | ||||||
| Brown-Forman Corp., Class B, NVS | 114,739 | 8,050,088 | ||||||
| Coca-Cola Co. (The) | 2,472,246 | 155,528,996 | ||||||
| Constellation Brands Inc., Class A | 103,163 | 24,043,169 | ||||||
| Keurig Dr Pepper Inc. | 354,932 | 12,561,044 | ||||||
| Molson Coors Beverage Co., Class B | 118,324 | 6,449,841 | ||||||
| Monster Beverage Corp.(a) | 114,610 | 10,624,347 | ||||||
| PepsiCo Inc. | 508,123 | 84,683,779 | ||||||
| 302,677,178 | ||||||||
| Biotechnology — 2.0% | ||||||||
| AbbVie Inc. | 515,033 | 78,882,454 | ||||||
| Amgen Inc. | 199,770 | 48,604,041 | ||||||
| Biogen Inc.(a) | 92,519 | 18,868,325 | ||||||
| Exelixis Inc.(a) | 93,473 | 1,946,108 | ||||||
| Gilead Sciences Inc. | 794,819 | 49,127,762 | ||||||
| Incyte Corp.(a) | 67,208 | 5,105,792 | ||||||
| United Therapeutics Corp.(a) | 14,625 | 3,446,235 | ||||||
| Vertex Pharmaceuticals Inc.(a) | 64,858 | 18,276,336 | ||||||
| 224,257,053 | ||||||||
| Building Products — 0.6% | ||||||||
| A O Smith Corp. | 41,733 | 2,281,960 | ||||||
| Allegion PLC | 56,397 | 5,521,266 | ||||||
| Carrier Global Corp. | 539,434 | 19,236,216 | ||||||
| Fortune Brands Home & Security Inc. | 46,912 | 2,809,091 | ||||||
| Johnson Controls International PLC | 172,937 | 8,280,224 | ||||||
| Lennox International Inc. | 8,966 | 1,852,286 | ||||||
| Masco Corp. | 79,806 | 4,038,184 | ||||||
| Owens Corning | 61,484 | 4,568,876 | ||||||
| Trane Technologies PLC | 148,171 | 19,242,968 | ||||||
| 67,831,071 | ||||||||
1
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Capital Markets — 2.4% | ||||||||
| Ameriprise Financial Inc. | 27,262 | $ | 6,479,632 | |||||
| Bank of New York Mellon Corp. (The) | 470,882 | 19,640,488 | ||||||
| BlackRock Inc.(c) | 43,195 | 26,307,483 | ||||||
| Cboe Global Markets Inc. | 28,350 | 3,208,937 | ||||||
| Charles Schwab Corp. (The) | 305,794 | 19,320,065 | ||||||
| CME Group Inc. | 227,814 | 46,633,526 | ||||||
| FactSet Research Systems Inc. | 10,227 | 3,932,997 | ||||||
| Federated Hermes Inc. | 32,342 | 1,028,152 | ||||||
| Franklin Resources Inc. | 97,125 | 2,263,984 | ||||||
| Interactive Brokers Group Inc., Class A | 20,811 | 1,144,813 | ||||||
| Intercontinental Exchange Inc. | 152,230 | 14,315,709 | ||||||
| Invesco Ltd. | 214,465 | 3,459,321 | ||||||
| Janus Henderson Group PLC | 57,821 | 1,359,372 | ||||||
| MarketAxess Holdings Inc. | 12,486 | 3,196,541 | ||||||
| Moody’s Corp. | 34,808 | 9,466,732 | ||||||
| Morgan Stanley | 452,274 | 34,399,960 | ||||||
| Nasdaq Inc.(b) | 16,223 | 2,474,656 | ||||||
| Northern Trust Corp. | 132,693 | 12,802,221 | ||||||
| Raymond James Financial Inc. | 50,459 | 4,511,539 | ||||||
| S&P Global Inc. | 85,822 | 28,927,163 | ||||||
| SEI Investments Co. | 27,271 | 1,473,179 | ||||||
| State Street Corp. | 232,651 | 14,342,934 | ||||||
| T Rowe Price Group Inc. | 43,568 | 4,949,761 | ||||||
| 265,639,165 | ||||||||
| Chemicals — 2.6% | ||||||||
| Air Products and Chemicals Inc. | 140,541 | 33,797,300 | ||||||
| Albemarle Corp. | 23,515 | 4,914,165 | ||||||
| Ashland Global Holdings Inc. | 18,961 | 1,953,931 | ||||||
| Cabot Corp. | 35,732 | 2,279,344 | ||||||
| Celanese Corp. | 39,081 | 4,596,316 | ||||||
| CF Industries Holdings Inc. | 52,898 | 4,534,946 | ||||||
| Chemours Co. (The) | 98,484 | 3,153,458 | ||||||
| Corteva Inc. | 458,343 | 24,814,690 | ||||||
| Dow Inc. | 461,322 | 23,808,829 | ||||||
| DuPont de Nemours Inc. | 323,269 | 17,967,291 | ||||||
| Eastman Chemical Co. | 81,673 | 7,331,785 | ||||||
| Ecolab Inc. | 157,290 | 24,184,910 | ||||||
| FMC Corp. | 80,615 | 8,626,611 | ||||||
| Ingevity Corp.(a) | 11,265 | 711,272 | ||||||
| International Flavors & Fragrances Inc. | 160,912 | 19,167,838 | ||||||
| Linde PLC | 156,309 | 44,943,527 | ||||||
| LyondellBasell Industries NV, Class A | 164,020 | 14,345,189 | ||||||
| Minerals Technologies Inc. | 20,864 | 1,279,798 | ||||||
| Mosaic Co. (The) | 229,350 | 10,832,201 | ||||||
| NewMarket Corp. | 4,272 | 1,285,701 | ||||||
| PPG Industries Inc. | 149,495 | 17,093,258 | ||||||
| RPM International Inc. | 39,960 | 3,145,651 | ||||||
| Sensient Technologies Corp. | 11,265 | 907,508 | ||||||
| Sherwin-Williams Co. (The) | 71,340 | 15,973,739 | ||||||
| 291,649,258 | ||||||||
| Commercial Services & Supplies — 0.5% | ||||||||
| Brink’s Co. (The) | 30,837 | 1,872,114 | ||||||
| Cintas Corp. | 29,774 | 11,121,482 | ||||||
| Clean Harbors Inc.(a) | 12,933 | 1,133,836 | ||||||
| Copart Inc.(a) | 42,956 | 4,667,599 | ||||||
| IAA Inc.(a) | 39,065 | 1,280,160 | ||||||
| MillerKnoll Inc. | 47,567 | 1,249,585 | ||||||
| MSA Safety Inc. | 11,412 | 1,381,651 | ||||||
| Republic Services Inc. | 73,634 | 9,636,482 | ||||||
| Rollins Inc. | 79,704 | 2,783,264 | ||||||
| Security | Shares | Value | ||||||
| Commercial Services & Supplies (continued) | ||||||||
| Stericycle Inc.(a) | 57,673 | $ | 2,528,961 | |||||
| Waste Management Inc. | 118,648 | 18,150,771 | ||||||
| 55,805,905 | ||||||||
| Communications Equipment — 0.8% | ||||||||
| Ciena Corp.(a) | 36,081 | 1,648,902 | ||||||
| Cisco Systems Inc. | 1,447,750 | 61,732,060 | ||||||
| F5 Inc.(a) | 18,338 | 2,806,448 | ||||||
| Juniper Networks Inc. | 204,434 | 5,826,369 | ||||||
| Lumentum Holdings Inc.(a)(b) | 24,881 | 1,976,049 | ||||||
| Motorola Solutions Inc. | 43,469 | 9,111,102 | ||||||
| Viasat Inc.(a) | 46,205 | 1,415,259 | ||||||
| 84,516,189 | ||||||||
| Construction & Engineering — 0.2% | ||||||||
| AECOM | 88,832 | 5,793,623 | ||||||
| Dycom Industries Inc.(a) | 11,460 | 1,066,238 | ||||||
| EMCOR Group Inc. | 32,441 | 3,340,125 | ||||||
| Fluor Corp.(a)(b) | 88,741 | 2,159,956 | ||||||
| MasTec Inc.(a) | 19,100 | 1,368,706 | ||||||
| MDU Resources Group Inc. | 127,754 | 3,448,081 | ||||||
| Quanta Services Inc.(b) | 41,133 | 5,155,610 | ||||||
| 22,332,339 | ||||||||
| Construction Materials — 0.1% | ||||||||
| Martin Marietta Materials Inc. | 16,485 | 4,932,972 | ||||||
| Vulcan Materials Co. | 43,373 | 6,163,303 | ||||||
| 11,096,275 | ||||||||
| Consumer Finance — 0.4% | ||||||||
| American Express Co. | 216,403 | 29,997,784 | ||||||
| Capital One Financial Corp. | 129,558 | 13,498,648 | ||||||
| FirstCash Holdings Inc. | 25,562 | 1,776,814 | ||||||
| Synchrony Financial | 136,674 | 3,774,936 | ||||||
| 49,048,182 | ||||||||
| Containers & Packaging — 0.6% | ||||||||
| Amcor PLC | 954,160 | 11,860,209 | ||||||
| AptarGroup Inc. | 22,742 | 2,347,202 | ||||||
| Avery Dennison Corp. | 25,586 | 4,141,606 | ||||||
| Ball Corp. | 203,910 | 14,022,891 | ||||||
| Greif Inc., Class A, NVS | 16,106 | 1,004,692 | ||||||
| International Paper Co. | 234,863 | 9,824,319 | ||||||
| Packaging Corp. of America | 59,719 | 8,211,363 | ||||||
| Sealed Air Corp. | 41,778 | 2,411,426 | ||||||
| Silgan Holdings Inc. | 52,792 | 2,182,949 | ||||||
| Sonoco Products Co. | 61,685 | 3,518,512 | ||||||
| Westrock Co. | 161,480 | 6,433,363 | ||||||
| 65,958,532 | ||||||||
| Distributors — 0.2% | ||||||||
| Genuine Parts Co. | 89,597 | 11,916,401 | ||||||
| LKQ Corp. | 96,134 | 4,719,218 | ||||||
| 16,635,619 | ||||||||
| Diversified Consumer Services — 0.0% | ||||||||
| Graham Holdings Co., Class B | 2,566 | 1,454,512 | ||||||
| Grand Canyon Education Inc.(a) | 20,475 | 1,928,540 | ||||||
| H&R Block Inc. | 54,862 | 1,937,726 | ||||||
| 5,320,778 | ||||||||
| Diversified Financial Services — 2.8% | ||||||||
| Berkshire Hathaway Inc., Class B(a) | 1,146,444 | 313,002,141 | ||||||
| Voya Financial Inc. | 62,795 | 3,738,186 | ||||||
| 316,740,327 | ||||||||
2
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Diversified Telecommunication Services — 2.1% | ||||||||
| AT&T Inc. | 4,536,354 | $ | 95,081,980 | |||||
| Iridium Communications Inc.(a) | 39,127 | 1,469,610 | ||||||
| Lumen Technologies Inc. | 589,851 | 6,435,274 | ||||||
| Verizon Communications Inc. | 2,661,128 | 135,052,246 | ||||||
| 238,039,110 | ||||||||
| Electric Utilities — 3.6% | ||||||||
| ALLETE Inc. | 35,159 | 2,066,646 | ||||||
| Alliant Energy Corp. | 159,320 | 9,337,745 | ||||||
| American Electric Power Co. Inc. | 325,408 | 31,219,643 | ||||||
| Constellation Energy Corp. | 205,937 | 11,791,953 | ||||||
| Duke Energy Corp. | 487,816 | 52,298,753 | ||||||
| Edison International | 240,750 | 15,225,030 | ||||||
| Entergy Corp. | 128,829 | 14,511,299 | ||||||
| Evergy Inc. | 145,856 | 9,517,104 | ||||||
| Eversource Energy | 217,695 | 18,388,697 | ||||||
| Exelon Corp. | 621,106 | 28,148,524 | ||||||
| FirstEnergy Corp. | 361,321 | 13,871,113 | ||||||
| Hawaiian Electric Industries Inc. | 68,574 | 2,804,677 | ||||||
| IDACORP Inc. | 32,211 | 3,411,789 | ||||||
| NextEra Energy Inc. | 1,244,821 | 96,423,835 | ||||||
| OGE Energy Corp. | 79,329 | 3,058,926 | ||||||
| Pinnacle West Capital Corp. | 70,858 | 5,181,137 | ||||||
| PNM Resources Inc. | 53,916 | 2,576,106 | ||||||
| Portland General Electric Co. | 56,548 | 2,732,965 | ||||||
| PPL Corp. | 466,324 | 12,651,370 | ||||||
| Southern Co. (The) | 673,309 | 48,013,665 | ||||||
| Xcel Energy Inc. | 345,134 | 24,421,682 | ||||||
| 407,652,659 | ||||||||
| Electrical Equipment — 0.9% | ||||||||
| AMETEK Inc. | 146,358 | 16,083,281 | ||||||
| Eaton Corp. PLC | 252,795 | 31,849,642 | ||||||
| Emerson Electric Co. | 376,377 | 29,937,026 | ||||||
| EnerSys | 26,358 | 1,554,068 | ||||||
| Hubbell Inc. | 15,800 | 2,821,564 | ||||||
| nVent Electric PLC | 43,360 | 1,358,469 | ||||||
| Regal Rexnord Corp. | 24,610 | 2,793,727 | ||||||
| Rockwell Automation Inc. | 35,442 | 7,063,945 | ||||||
| Sunrun Inc.(a) | 130,123 | 3,039,673 | ||||||
| 96,501,395 | ||||||||
| Electronic Equipment, Instruments & Components — 0.9% | ||||||||
| Amphenol Corp., Class A | 178,217 | 11,473,611 | ||||||
| Arrow Electronics Inc.(a) | 42,793 | 4,796,667 | ||||||
| Avnet Inc. | 62,443 | 2,677,556 | ||||||
| Belden Inc. | 28,116 | 1,497,739 | ||||||
| CDW Corp./DE | 34,899 | 5,498,686 | ||||||
| Cognex Corp. | 41,541 | 1,766,323 | ||||||
| Corning Inc. | 481,711 | 15,178,714 | ||||||
| II-VI Inc.(a)(b) | 34,601 | 1,762,921 | ||||||
| IPG Photonics Corp.(a) | 22,515 | 2,119,337 | ||||||
| Jabil Inc. | 50,428 | 2,582,418 | ||||||
| Keysight Technologies Inc.(a) | 29,212 | 4,026,874 | ||||||
| Littelfuse Inc. | 6,066 | 1,541,007 | ||||||
| National Instruments Corp. | 39,039 | 1,219,188 | ||||||
| TD SYNNEX Corp. | 26,003 | 2,368,873 | ||||||
| TE Connectivity Ltd. | 204,165 | 23,101,270 | ||||||
| Teledyne Technologies Inc.(a) | 29,644 | 11,119,761 | ||||||
| Trimble Inc.(a) | 69,470 | 4,045,238 | ||||||
| Vishay Intertechnology Inc. | 83,421 | 1,486,562 | ||||||
| Vontier Corp. | 106,306 | 2,443,975 | ||||||
| Security | Shares | Value | ||||||
| Electronic Equipment, Instruments & Components (continued) | ||||||||
| Zebra Technologies Corp., Class A(a) | 9,136 | $ | 2,685,527 | |||||
| 103,392,247 | ||||||||
| Energy Equipment & Services — 0.6% | ||||||||
| Baker Hughes Co. | 592,708 | 17,111,480 | ||||||
| ChampionX Corp. | 67,280 | 1,335,508 | ||||||
| Halliburton Co. | 571,510 | 17,922,554 | ||||||
| NOV Inc. | 246,356 | 4,165,880 | ||||||
| Schlumberger NV | 895,653 | 32,028,551 | ||||||
| 72,563,973 | ||||||||
| Entertainment — 1.8% | ||||||||
| Activision Blizzard Inc. | 495,476 | 38,577,761 | ||||||
| Electronic Arts Inc. | 178,253 | 21,684,478 | ||||||
| Live Nation Entertainment Inc.(a)(b) | 48,879 | 4,036,428 | ||||||
| Take-Two Interactive Software Inc.(a) | 37,938 | 4,648,543 | ||||||
| Walt Disney Co. (The)(a) | 1,154,198 | 108,956,291 | ||||||
| Warner Bros. Discovery Inc.(a) | 1,397,018 | 18,747,982 | ||||||
| World Wrestling Entertainment Inc., Class A | 10,635 | 664,581 | ||||||
| 197,316,064 | ||||||||
| Equity Real Estate Investment Trusts (REITs) — 3.7% | ||||||||
| Alexandria Real Estate Equities Inc. | 94,109 | 13,648,628 | ||||||
| American Campus Communities Inc. | 39,411 | 2,540,827 | ||||||
| American Tower Corp. | 144,483 | 36,928,410 | ||||||
| Apartment Income REIT Corp. | 52,377 | 2,178,883 | ||||||
| AvalonBay Communities Inc. | 51,370 | 9,978,622 | ||||||
| Boston Properties Inc. | 90,360 | 8,040,233 | ||||||
| Brixmor Property Group Inc. | 83,967 | 1,696,973 | ||||||
| Corporate Office Properties Trust | 70,570 | 1,848,228 | ||||||
| Cousins Properties Inc. | 93,462 | 2,731,894 | ||||||
| Crown Castle International Corp. | 150,920 | 25,411,910 | ||||||
| Digital Realty Trust Inc. | 180,407 | 23,422,241 | ||||||
| Douglas Emmett Inc. | 59,602 | 1,333,893 | ||||||
| Duke Realty Corp. | 85,868 | 4,718,447 | ||||||
| EPR Properties | 47,001 | 2,205,757 | ||||||
| Equinix Inc. | 31,117 | 20,444,491 | ||||||
| Equity Residential | 216,371 | 15,626,314 | ||||||
| Essex Property Trust Inc. | 23,288 | 6,090,045 | ||||||
| Federal Realty Investment Trust | 25,611 | 2,451,997 | ||||||
| First Industrial Realty Trust Inc. | 26,086 | 1,238,563 | ||||||
| Healthcare Realty Trust Inc. | 49,217 | 1,338,702 | ||||||
| Healthpeak Properties Inc. | 342,643 | 8,877,880 | ||||||
| Highwoods Properties Inc. | 65,693 | 2,246,044 | ||||||
| Host Hotels & Resorts Inc. | 455,192 | 7,137,411 | ||||||
| Hudson Pacific Properties Inc. | 95,912 | 1,423,334 | ||||||
| Iron Mountain Inc. | 70,920 | 3,453,095 | ||||||
| JBG SMITH Properties | 71,641 | 1,693,593 | ||||||
| Kilroy Realty Corp. | 65,946 | 3,450,954 | ||||||
| Kimco Realty Corp. | 392,505 | 7,759,824 | ||||||
| Kite Realty Group Trust | 137,613 | 2,379,329 | ||||||
| Lamar Advertising Co., Class A | 18,658 | 1,641,344 | ||||||
| Macerich Co. (The) | 133,884 | 1,166,130 | ||||||
| Medical Properties Trust Inc. | 381,798 | 5,830,055 | ||||||
| Mid-America Apartment Communities Inc. | 27,421 | 4,789,626 | ||||||
| National Retail Properties Inc. | 60,670 | 2,608,810 | ||||||
| Omega Healthcare Investors Inc. | 150,214 | 4,234,533 | ||||||
| Park Hotels & Resorts Inc. | 148,521 | 2,015,430 | ||||||
| Pebblebrook Hotel Trust | 82,645 | 1,369,428 | ||||||
| Physicians Realty Trust | 144,747 | 2,525,835 | ||||||
| PotlatchDeltic Corp. | 23,602 | 1,042,972 | ||||||
| Prologis Inc. | 183,045 | 21,535,244 | ||||||
3
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
| PS Business Parks Inc. | 4,584 | $ | 857,896 | |||||
| Public Storage | 39,670 | 12,403,619 | ||||||
| Rayonier Inc. | 36,044 | 1,347,325 | ||||||
| Realty Income Corp. | 381,224 | 26,022,350 | ||||||
| Regency Centers Corp. | 98,711 | 5,854,549 | ||||||
| Sabra Health Care REIT Inc. | 149,197 | 2,084,282 | ||||||
| SBA Communications Corp. | 30,095 | 9,631,905 | ||||||
| Simon Property Group Inc. | 83,503 | 7,926,105 | ||||||
| SL Green Realty Corp. | 40,336 | 1,861,506 | ||||||
| Spirit Realty Capital Inc. | 85,066 | 3,213,793 | ||||||
| STORE Capital Corp. | 160,032 | 4,173,635 | ||||||
| UDR Inc. | 85,198 | 3,922,516 | ||||||
| Ventas Inc. | 253,309 | 13,027,682 | ||||||
| VICI Properties Inc.(b) | 610,162 | 18,176,726 | ||||||
| Vornado Realty Trust | 99,955 | 2,857,713 | ||||||
| Welltower Inc. | 287,676 | 23,690,119 | ||||||
| Weyerhaeuser Co. | 272,558 | 9,027,121 | ||||||
| 417,134,771 | ||||||||
| Food & Staples Retailing — 2.3% | ||||||||
| BJ’s Wholesale Club Holdings Inc.(a) | 85,896 | 5,353,039 | ||||||
| Casey’s General Stores Inc. | 23,325 | 4,314,658 | ||||||
| Costco Wholesale Corp. | 137,617 | 65,957,076 | ||||||
| Grocery Outlet Holding Corp.(a)(b) | 54,816 | 2,336,806 | ||||||
| Kroger Co. (The) | 415,732 | 19,676,596 | ||||||
| Performance Food Group Co.(a) | 96,985 | 4,459,370 | ||||||
| Sprouts Farmers Market Inc.(a) | 70,531 | 1,785,845 | ||||||
| Sysco Corp. | 322,810 | 27,345,235 | ||||||
| Walgreens Boots Alliance Inc. | 454,252 | 17,216,151 | ||||||
| Walmart Inc. | 889,598 | 108,157,325 | ||||||
| 256,602,101 | ||||||||
| Food Products — 2.1% | ||||||||
| Archer-Daniels-Midland Co. | 356,536 | 27,667,193 | ||||||
| Campbell Soup Co. | 127,205 | 6,112,200 | ||||||
| Conagra Brands Inc. | 304,711 | 10,433,305 | ||||||
| Flowers Foods Inc. | 124,808 | 3,284,946 | ||||||
| General Mills Inc. | 380,373 | 28,699,143 | ||||||
| Hain Celestial Group Inc. (The)(a) | 58,268 | 1,383,282 | ||||||
| Hershey Co. (The) | 50,768 | 10,923,243 | ||||||
| Hormel Foods Corp. | 179,624 | 8,506,993 | ||||||
| Ingredion Inc. | 41,699 | 3,676,184 | ||||||
| JM Smucker Co. (The) | 68,998 | 8,832,434 | ||||||
| Kellogg Co. | 160,903 | 11,478,820 | ||||||
| Kraft Heinz Co. (The) | 449,738 | 17,153,007 | ||||||
| Lamb Weston Holdings Inc. | 91,697 | 6,552,668 | ||||||
| Lancaster Colony Corp. | 6,809 | 876,863 | ||||||
| McCormick & Co. Inc./MD, NVS | 158,208 | 13,170,816 | ||||||
| Mondelez International Inc., Class A | 876,058 | 54,394,441 | ||||||
| Pilgrim’s Pride Corp.(a) | 29,412 | 918,537 | ||||||
| Post Holdings Inc.(a) | 36,791 | 3,029,739 | ||||||
| Sanderson Farms Inc. | 7,040 | 1,517,331 | ||||||
| Tyson Foods Inc., Class A(b) | 185,194 | 15,937,796 | ||||||
| 234,548,941 | ||||||||
| Gas Utilities — 0.3% | ||||||||
| Atmos Energy Corp. | 88,063 | 9,871,862 | ||||||
| National Fuel Gas Co. | 27,455 | 1,813,403 | ||||||
| New Jersey Resources Corp. | 60,579 | 2,697,583 | ||||||
| ONE Gas Inc. | 33,663 | 2,733,099 | ||||||
| Southwest Gas Holdings Inc. | 42,839 | 3,730,420 | ||||||
| Spire Inc. | 32,550 | 2,420,743 | ||||||
| Security | Shares | Value | ||||||
| Gas Utilities (continued) | ||||||||
| UGI Corp. | 134,293 | $ | 5,185,053 | |||||
| 28,452,163 | ||||||||
| Health Care Equipment & Supplies — 3.2% | ||||||||
| Abbott Laboratories | 521,428 | 56,653,152 | ||||||
| Abiomed Inc.(a) | 13,026 | 3,224,065 | ||||||
| Baxter International Inc. | 319,054 | 20,492,839 | ||||||
| Becton Dickinson and Co. | 180,651 | 44,535,891 | ||||||
| Boston Scientific Corp.(a) | 905,860 | 33,761,402 | ||||||
| Cooper Companies Inc. (The) | 31,214 | 9,773,728 | ||||||
| DENTSPLY SIRONA Inc. | 137,384 | 4,908,730 | ||||||
| Edwards Lifesciences Corp.(a) | 146,426 | 13,923,648 | ||||||
| Enovis Corp.(a) | 16,649 | 915,695 | ||||||
| Envista Holdings Corp.(a)(b) | 101,342 | 3,905,721 | ||||||
| Globus Medical Inc., Class A(a)(b) | 19,884 | 1,116,288 | ||||||
| Haemonetics Corp.(a) | 32,212 | 2,099,578 | ||||||
| Hologic Inc.(a) | 41,331 | 2,864,238 | ||||||
| ICU Medical Inc.(a)(b) | 6,724 | 1,105,358 | ||||||
| IDEXX Laboratories Inc.(a) | 16,545 | 5,802,828 | ||||||
| Integra LifeSciences Holdings Corp.(a) | 22,501 | 1,215,729 | ||||||
| Intuitive Surgical Inc.(a) | 70,510 | 14,152,062 | ||||||
| LivaNova PLC(a) | 13,380 | 835,849 | ||||||
| Medtronic PLC | 850,046 | 76,291,629 | ||||||
| Neogen Corp.(a)(b) | 29,136 | 701,886 | ||||||
| NuVasive Inc.(a) | 32,580 | 1,601,633 | ||||||
| ResMed Inc. | 39,005 | 8,176,618 | ||||||
| STERIS PLC | 36,481 | 7,520,558 | ||||||
| Stryker Corp. | 125,775 | 25,020,421 | ||||||
| Teleflex Inc. | 29,858 | 7,340,589 | ||||||
| Zimmer Biomet Holdings Inc. | 132,840 | 13,956,171 | ||||||
| 361,896,306 | ||||||||
| Health Care Providers & Services — 5.0% | ||||||||
| Acadia Healthcare Co. Inc.(a) | 56,547 | 3,824,274 | ||||||
| Amedisys Inc.(a) | 20,704 | 2,176,404 | ||||||
| AmerisourceBergen Corp. | 95,695 | 13,538,929 | ||||||
| Cardinal Health Inc. | 172,584 | 9,020,966 | ||||||
| Centene Corp.(a) | 370,574 | 31,354,266 | ||||||
| Chemed Corp. | 4,178 | 1,961,111 | ||||||
| Cigna Corp. | 201,055 | 52,982,014 | ||||||
| CVS Health Corp. | 830,959 | 76,996,661 | ||||||
| DaVita Inc.(a)(b) | 39,110 | 3,127,236 | ||||||
| Elevance Health Inc. | 152,814 | 73,744,980 | ||||||
| Encompass Health Corp. | 62,601 | 3,508,786 | ||||||
| HCA Healthcare Inc. | 60,551 | 10,176,201 | ||||||
| HealthEquity Inc.(a) | 17,278 | 1,060,696 | ||||||
| Henry Schein Inc.(a)(b) | 87,107 | 6,684,591 | ||||||
| Humana Inc. | 80,165 | 37,522,831 | ||||||
| Laboratory Corp. of America Holdings | 27,680 | 6,487,085 | ||||||
| LHC Group Inc.(a) | 19,916 | 3,101,718 | ||||||
| McKesson Corp. | 92,069 | 30,033,828 | ||||||
| Molina Healthcare Inc.(a) | 18,846 | 5,269,530 | ||||||
| Patterson Companies Inc. | 54,373 | 1,647,502 | ||||||
| Progyny Inc.(a) | 16,636 | 483,276 | ||||||
| Quest Diagnostics Inc. | 40,692 | 5,411,222 | ||||||
| R1 RCM Inc.(a) | 35,052 | 734,690 | ||||||
| UnitedHealth Group Inc. | 344,744 | 177,070,861 | ||||||
| Universal Health Services Inc., Class B | 42,572 | 4,287,426 | ||||||
| 562,207,084 | ||||||||
| Hotels, Restaurants & Leisure — 2.3% | ||||||||
| Booking Holdings Inc.(a) | 25,774 | 45,078,468 | ||||||
4
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Hotels, Restaurants & Leisure (continued) | ||||||||
| Caesars Entertainment Inc.(a)(b) | 48,937 | $ | 1,874,287 | |||||
| Carnival Corp.(a)(b) | 512,505 | 4,433,168 | ||||||
| Chipotle Mexican Grill Inc.(a) | 5,895 | 7,706,298 | ||||||
| Choice Hotels International Inc. | 6,607 | 737,539 | ||||||
| Cracker Barrel Old Country Store Inc. | 14,679 | 1,225,550 | ||||||
| Darden Restaurants Inc. | 79,084 | 8,945,982 | ||||||
| Domino’s Pizza Inc.(b) | 7,487 | 2,917,759 | ||||||
| Expedia Group Inc.(a) | 95,149 | 9,022,980 | ||||||
| Hilton Worldwide Holdings Inc. | 103,363 | 11,518,773 | ||||||
| Las Vegas Sands Corp.(a) | 216,089 | 7,258,429 | ||||||
| Marriott International Inc./MD, Class A | 174,218 | 23,695,390 | ||||||
| Marriott Vacations Worldwide Corp. | 14,630 | 1,700,006 | ||||||
| McDonald’s Corp. | 257,761 | 63,636,036 | ||||||
| MGM Resorts International | 224,111 | 6,488,013 | ||||||
| Norwegian Cruise Line Holdings Ltd.(a)(b) | 264,185 | 2,937,737 | ||||||
| Penn National Gaming Inc.(a)(b) | 104,356 | 3,174,510 | ||||||
| Royal Caribbean Cruises Ltd.(a)(b) | 142,232 | 4,965,319 | ||||||
| Six Flags Entertainment Corp.(a) | 24,707 | 536,142 | ||||||
| Starbucks Corp. | 355,560 | 27,161,228 | ||||||
| Texas Roadhouse Inc. | 17,913 | 1,311,232 | ||||||
| Travel + Leisure Co. | 54,186 | 2,103,501 | ||||||
| Wendy’s Co. (The) | 55,563 | 1,049,029 | ||||||
| Wyndham Hotels & Resorts Inc. | 20,466 | 1,345,026 | ||||||
| Wynn Resorts Ltd.(a)(b) | 66,667 | 3,798,686 | ||||||
| Yum! Brands Inc. | 95,816 | 10,876,074 | ||||||
| 255,497,162 | ||||||||
| Household Durables — 0.5% | ||||||||
| DR Horton Inc. | 96,331 | 6,376,149 | ||||||
| Garmin Ltd. | 47,070 | 4,624,627 | ||||||
| KB Home | 53,841 | 1,532,315 | ||||||
| Leggett & Platt Inc. | 83,811 | 2,898,184 | ||||||
| Lennar Corp., Class A | 163,894 | 11,566,000 | ||||||
| Mohawk Industries Inc.(a) | 32,641 | 4,050,422 | ||||||
| Newell Brands Inc. | 111,733 | 2,127,396 | ||||||
| NVR Inc.(a) | 1,007 | 4,032,169 | ||||||
| PulteGroup Inc. | 150,593 | 5,968,001 | ||||||
| Taylor Morrison Home Corp.(a) | 77,214 | 1,803,719 | ||||||
| Toll Brothers Inc. | 71,791 | 3,201,879 | ||||||
| Whirlpool Corp. | 35,652 | 5,521,425 | ||||||
| 53,702,286 | ||||||||
| Household Products — 2.8% | ||||||||
| Church & Dwight Co. Inc. | 153,386 | 14,212,747 | ||||||
| Clorox Co. (The) | 77,865 | 10,977,408 | ||||||
| Colgate-Palmolive Co. | 531,591 | 42,601,703 | ||||||
| Energizer Holdings Inc. | 43,734 | 1,239,859 | ||||||
| Kimberly-Clark Corp. | 213,531 | 28,858,714 | ||||||
| Procter & Gamble Co. (The) | 1,520,324 | 218,607,388 | ||||||
| 316,497,819 | ||||||||
| Independent Power and Renewable Electricity Producers — 0.1% | ||||||||
| AES Corp. (The) | 424,817 | 8,925,405 | ||||||
| Industrial Conglomerates — 1.5% | ||||||||
| 3M Co. | 360,330 | 46,630,305 | ||||||
| General Electric Co. | 697,459 | 44,407,215 | ||||||
| Honeywell International Inc. | 431,399 | 74,981,460 | ||||||
| 166,018,980 | ||||||||
| Insurance — 3.7% | ||||||||
| Aflac Inc. | 375,539 | 20,778,573 | ||||||
| Alleghany Corp.(a) | 8,572 | 7,141,333 | ||||||
| Security | Shares | Value | ||||||
| Insurance (continued) | ||||||||
| Allstate Corp. (The) | 174,256 | $ | 22,083,463 | |||||
| American Financial Group Inc./OH | 22,131 | 3,072,004 | ||||||
| American International Group Inc. | 502,039 | 25,669,254 | ||||||
| Aon PLC, Class A | 53,827 | 14,516,065 | ||||||
| Arthur J Gallagher & Co. | 74,521 | 12,149,904 | ||||||
| Assurant Inc. | 33,240 | 5,745,534 | ||||||
| Brighthouse Financial Inc.(a) | 50,165 | 2,057,768 | ||||||
| Brown & Brown Inc. | 45,752 | 2,669,172 | ||||||
| Chubb Ltd. | 268,490 | 52,779,764 | ||||||
| Cincinnati Financial Corp. | 49,877 | 5,934,365 | ||||||
| CNO Financial Group Inc. | 77,460 | 1,401,251 | ||||||
| Everest Re Group Ltd. | 25,110 | 7,037,831 | ||||||
| First American Financial Corp. | 37,221 | 1,969,735 | ||||||
| Globe Life Inc. | 58,300 | 5,682,501 | ||||||
| Hanover Insurance Group Inc. (The) | 22,435 | 3,281,119 | ||||||
| Hartford Financial Services Group Inc. (The) | 208,381 | 13,634,369 | ||||||
| Kemper Corp. | 37,548 | 1,798,549 | ||||||
| Lincoln National Corp. | 102,467 | 4,792,382 | ||||||
| Loews Corp. | 124,230 | 7,361,870 | ||||||
| Marsh & McLennan Companies Inc. | 124,192 | 19,280,808 | ||||||
| Mercury General Corp. | 18,089 | 801,343 | ||||||
| MetLife Inc. | 438,052 | 27,505,285 | ||||||
| Old Republic International Corp. | 184,435 | 4,123,967 | ||||||
| Primerica Inc. | 9,727 | 1,164,225 | ||||||
| Principal Financial Group Inc. | 148,876 | 9,943,428 | ||||||
| Progressive Corp. (The) | 370,568 | 43,085,941 | ||||||
| Prudential Financial Inc. | 238,439 | 22,813,843 | ||||||
| Reinsurance Group of America Inc. | 42,555 | 4,991,276 | ||||||
| RenaissanceRe Holdings Ltd. | 27,815 | 4,349,432 | ||||||
| RLI Corp. | 9,910 | 1,155,407 | ||||||
| Selective Insurance Group Inc. | 38,182 | 3,319,543 | ||||||
| Travelers Companies Inc. (The) | 152,129 | 25,729,578 | ||||||
| Unum Group | 128,485 | 4,371,060 | ||||||
| W R Berkley Corp. | 132,450 | 9,041,037 | ||||||
| Willis Towers Watson PLC | 70,646 | 13,944,814 | ||||||
| 417,177,793 | ||||||||
| Interactive Media & Services — 0.2% | ||||||||
| Match Group Inc.(a) | 180,973 | 12,612,008 | ||||||
| TripAdvisor Inc.(a) | 36,154 | 643,541 | ||||||
| Twitter Inc.(a) | 251,361 | 9,398,388 | ||||||
| 22,653,937 | ||||||||
| Internet & Direct Marketing Retail — 0.0% | ||||||||
| eBay Inc. | 81,569 | 3,398,980 | ||||||
| IT Services — 5.0% | ||||||||
| Accenture PLC, Class A | 168,548 | 46,797,352 | ||||||
| Akamai Technologies Inc.(a)(b) | 59,313 | 5,417,056 | ||||||
| Automatic Data Processing Inc. | 124,435 | 26,136,327 | ||||||
| Bread Financial Holdings Inc. | 30,415 | 1,127,180 | ||||||
| Broadridge Financial Solutions Inc. | 40,996 | 5,843,980 | ||||||
| Cognizant Technology Solutions Corp., Class A | 331,371 | 22,364,229 | ||||||
| DXC Technology Co.(a) | 154,226 | 4,674,590 | ||||||
| Euronet Worldwide Inc.(a) | 22,045 | 2,217,507 | ||||||
| Fidelity National Information Services Inc. | 386,984 | 35,474,823 | ||||||
| Fiserv Inc.(a) | 368,655 | 32,799,235 | ||||||
| FleetCor Technologies Inc.(a) | 49,048 | 10,305,475 | ||||||
| Genpact Ltd. | 36,958 | 1,565,541 | ||||||
| Global Payments Inc. | 178,384 | 19,736,406 | ||||||
| International Business Machines Corp. | 569,948 | 80,470,958 | ||||||
| Jack Henry & Associates Inc. | 45,912 | 8,265,078 | ||||||
5
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| IT Services (continued) | ||||||||
| Kyndryl Holdings Inc.(a)(b) | 112,664 | $ | 1,101,854 | |||||
| Mastercard Inc., Class A | 288,641 | 91,060,463 | ||||||
| Paychex Inc. | 95,879 | 10,917,742 | ||||||
| PayPal Holdings Inc.(a) | 338,194 | 23,619,469 | ||||||
| Sabre Corp.(a)(b) | 105,562 | 615,427 | ||||||
| VeriSign Inc.(a) | 32,298 | 5,404,424 | ||||||
| Visa Inc., Class A | 594,399 | 117,031,219 | ||||||
| Western Union Co. (The) | 244,630 | 4,029,056 | ||||||
| WEX Inc.(a) | 16,102 | 2,504,827 | ||||||
| 559,480,218 | ||||||||
| Leisure Products — 0.1% | ||||||||
| Callaway Golf Co.(a) | 73,647 | 1,502,399 | ||||||
| Hasbro Inc. | 83,079 | 6,802,508 | ||||||
| Polaris Inc. | 21,097 | 2,094,510 | ||||||
| 10,399,417 | ||||||||
| Life Sciences Tools & Services — 0.6% | ||||||||
| Agilent Technologies Inc. | 75,857 | 9,009,536 | ||||||
| Bio-Rad Laboratories Inc., Class A(a) | 6,203 | 3,070,485 | ||||||
| Danaher Corp. | 131,199 | 33,261,570 | ||||||
| Illumina Inc.(a) | 50,502 | 9,310,549 | ||||||
| IQVIA Holdings Inc.(a) | 32,501 | 7,052,392 | ||||||
| Mettler-Toledo International Inc.(a) | 5,439 | 6,248,160 | ||||||
| Sotera Health Co.(a)(b) | 14,993 | 293,713 | ||||||
| Waters Corp.(a) | 9,978 | 3,302,518 | ||||||
| 71,548,923 | ||||||||
| Machinery — 2.4% | ||||||||
| AGCO Corp. | 38,442 | 3,794,225 | ||||||
| Caterpillar Inc. | 338,009 | 60,422,489 | ||||||
| Crane Holdings Co. | 16,051 | 1,405,426 | ||||||
| Cummins Inc. | 89,922 | 17,402,605 | ||||||
| Deere & Co. | 95,453 | 28,585,310 | ||||||
| Donaldson Co. Inc. | 37,973 | 1,828,020 | ||||||
| Dover Corp. | 48,959 | 5,939,706 | ||||||
| Esab Corp. | 16,619 | 727,081 | ||||||
| Flowserve Corp.(b) | 81,760 | 2,340,789 | ||||||
| Fortive Corp. | 225,439 | 12,259,373 | ||||||
| Graco Inc. | 42,781 | 2,541,619 | ||||||
| IDEX Corp. | 28,093 | 5,102,532 | ||||||
| Illinois Tool Works Inc. | 106,541 | 19,417,097 | ||||||
| Ingersoll Rand Inc. | 258,537 | 10,879,237 | ||||||
| ITT Inc. | 23,653 | 1,590,428 | ||||||
| Kennametal Inc. | 52,636 | 1,222,734 | ||||||
| Lincoln Electric Holdings Inc. | 15,666 | 1,932,558 | ||||||
| Middleby Corp. (The)(a) | 12,641 | 1,584,676 | ||||||
| Nordson Corp. | 13,806 | 2,794,887 | ||||||
| Oshkosh Corp. | 42,044 | 3,453,494 | ||||||
| Otis Worldwide Corp.(b) | 161,653 | 11,424,017 | ||||||
| PACCAR Inc. | 219,422 | 18,067,207 | ||||||
| Parker-Hannifin Corp. | 81,027 | 19,936,693 | ||||||
| Pentair PLC | 43,666 | 1,998,593 | ||||||
| Snap-on Inc. | 33,743 | 6,648,383 | ||||||
| Stanley Black & Decker Inc. | 95,716 | 10,036,780 | ||||||
| Terex Corp. | 43,841 | 1,199,928 | ||||||
| Timken Co. (The) | 43,393 | 2,301,999 | ||||||
| Westinghouse Air Brake Technologies Corp. | 115,690 | 9,495,835 | ||||||
| Xylem Inc./NY | 67,225 | 5,255,650 | ||||||
| 271,589,371 | ||||||||
| Marine — 0.0% | ||||||||
| Kirby Corp.(a) | 37,710 | 2,294,276 | ||||||
| Security | Shares | Value | ||||||
| Media — 1.7% | ||||||||
| Cable One Inc. | 1,293 | $ | 1,667,091 | |||||
| Charter Communications Inc., Class A(a) | 73,405 | 34,392,445 | ||||||
| Comcast Corp., Class A | 2,832,819 | 111,159,817 | ||||||
| DISH Network Corp., Class A(a)(b) | 156,955 | 2,814,203 | ||||||
| Fox Corp., Class A, NVS(a) | 197,519 | 6,352,211 | ||||||
| Fox Corp., Class B(a) | 92,506 | 2,747,428 | ||||||
| Interpublic Group of Companies Inc. (The) | 247,236 | 6,806,407 | ||||||
| John Wiley & Sons Inc., Class A | 13,664 | 652,593 | ||||||
| New York Times Co. (The), Class A | 44,063 | 1,229,358 | ||||||
| News Corp., Class A, NVS(a) | 247,052 | 3,849,070 | ||||||
| News Corp., Class B(a) | 76,561 | 1,216,554 | ||||||
| Omnicom Group Inc. | 130,380 | 8,293,472 | ||||||
| Paramount Global, Class B, NVS | 384,816 | 9,497,259 | ||||||
| TEGNA Inc. | 77,813 | 1,631,739 | ||||||
| 192,309,647 | ||||||||
| Metals & Mining — 0.6% | ||||||||
| Alcoa Corp. | 70,533 | 3,214,894 | ||||||
| Commercial Metals Co. | 75,869 | 2,511,264 | ||||||
| Freeport-McMoRan Inc. | 514,250 | 15,046,955 | ||||||
| Newmont Corp. | 503,088 | 30,019,261 | ||||||
| Nucor Corp. | 77,544 | 8,096,369 | ||||||
| Reliance Steel & Aluminum Co. | 39,440 | 6,699,279 | ||||||
| Royal Gold Inc. | 16,917 | 1,806,397 | ||||||
| U.S. Steel Corp. | 165,278 | 2,960,129 | ||||||
| Worthington Industries Inc. | 20,312 | 895,759 | ||||||
| 71,250,307 | ||||||||
| Multi-Utilities — 1.8% | ||||||||
| Ameren Corp. | 163,649 | 14,787,324 | ||||||
| Black Hills Corp. | 41,646 | 3,030,579 | ||||||
| CenterPoint Energy Inc. | 399,251 | 11,809,845 | ||||||
| CMS Energy Corp. | 183,976 | 12,418,380 | ||||||
| Consolidated Edison Inc. | 224,509 | 21,350,806 | ||||||
| Dominion Energy Inc. | 514,046 | 41,026,011 | ||||||
| DTE Energy Co. | 122,862 | 15,572,759 | ||||||
| NiSource Inc. | 257,166 | 7,583,825 | ||||||
| NorthWestern Corp. | 34,951 | 2,059,662 | ||||||
| Public Service Enterprise Group Inc. | 316,335 | 20,017,679 | ||||||
| Sempra Energy | 199,130 | 29,923,265 | ||||||
| WEC Energy Group Inc. | 199,798 | 20,107,671 | ||||||
| 199,687,806 | ||||||||
| Multiline Retail — 0.8% | ||||||||
| Dollar General Corp. | 144,954 | 35,577,510 | ||||||
| Dollar Tree Inc.(a) | 142,690 | 22,238,236 | ||||||
| Kohl’s Corp. | 81,460 | 2,907,307 | ||||||
| Macy’s Inc. | 180,535 | 3,307,401 | ||||||
| Nordstrom Inc. | 70,274 | 1,484,890 | ||||||
| Ollie’s Bargain Outlet Holdings Inc.(a) | 37,946 | 2,229,328 | ||||||
| Target Corp. | 131,830 | 18,618,351 | ||||||
| 86,363,023 | ||||||||
| Oil, Gas & Consumable Fuels — 6.4% | ||||||||
| APA Corp. | 96,478 | 3,367,082 | ||||||
| Chevron Corp. | 1,244,993 | 180,250,087 | ||||||
| CNX Resources Corp.(a) | 70,342 | 1,157,829 | ||||||
| ConocoPhillips | 819,585 | 73,606,929 | ||||||
| Coterra Energy Inc. | 513,288 | 13,237,698 | ||||||
| DTE Midstream LLC(a) | 35,368 | 1,733,739 | ||||||
| EOG Resources Inc. | 200,455 | 22,138,250 | ||||||
| EQT Corp. | 190,071 | 6,538,442 | ||||||
| Equitrans Midstream Corp. | 255,419 | 1,624,465 | ||||||
6
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Oil, Gas & Consumable Fuels (continued) | ||||||||
| Escrow PetroCorp.(d) | 190 | $ | — | |||||
| Exxon Mobil Corp. | 2,669,272 | 228,596,454 | ||||||
| Hess Corp. | 50,749 | 5,376,349 | ||||||
| HF Sinclair Corp. | 95,750 | 4,324,070 | ||||||
| Kinder Morgan Inc. | 1,232,050 | 20,649,158 | ||||||
| Marathon Oil Corp. | 448,508 | 10,082,460 | ||||||
| Marathon Petroleum Corp. | 342,812 | 28,182,575 | ||||||
| Occidental Petroleum Corp. | 332,836 | 19,597,384 | ||||||
| ONEOK Inc. | 161,586 | 8,968,023 | ||||||
| Phillips 66 | 304,860 | 24,995,471 | ||||||
| Pioneer Natural Resources Co. | 62,769 | 14,002,509 | ||||||
| Range Resources Corp.(a) | 48,999 | 1,212,725 | ||||||
| Valero Energy Corp. | 248,212 | 26,379,971 | ||||||
| Williams Companies Inc. (The) | 771,798 | 24,087,816 | ||||||
| 720,109,486 | ||||||||
| Personal Products — 0.2% | ||||||||
| BellRing Brands Inc.(a)(b) | 70,481 | 1,754,272 | ||||||
| Coty Inc., Class A(a)(b) | 224,787 | 1,800,544 | ||||||
| Estee Lauder Companies Inc. (The), Class A(b) | 59,941 | 15,265,175 | ||||||
| Nu Skin Enterprises Inc., Class A | 31,228 | 1,352,172 | ||||||
| 20,172,163 | ||||||||
| Pharmaceuticals — 6.0% | ||||||||
| Bristol-Myers Squibb Co. | 1,349,121 | 103,882,317 | ||||||
| Catalent Inc.(a) | 45,471 | 4,878,584 | ||||||
| Jazz Pharmaceuticals PLC(a)(b) | 39,512 | 6,164,267 | ||||||
| Johnson & Johnson | 1,667,417 | 295,983,192 | ||||||
| Merck & Co. Inc. | 1,602,342 | 146,085,520 | ||||||
| Organon & Co. | 159,209 | 5,373,304 | ||||||
| Perrigo Co. PLC | 84,043 | 3,409,624 | ||||||
| Pfizer Inc. | 1,635,438 | 85,746,014 | ||||||
| Viatris Inc. | 768,134 | 8,042,363 | ||||||
| Zoetis Inc. | 101,646 | 17,471,931 | ||||||
| 677,037,116 | ||||||||
| Professional Services — 0.4% | ||||||||
| CACI International Inc., Class A(a) | 14,571 | 4,105,817 | ||||||
| Jacobs Engineering Group Inc. | 46,207 | 5,874,296 | ||||||
| KBR Inc. | 30,806 | 1,490,702 | ||||||
| Leidos Holdings Inc. | 86,617 | 8,723,198 | ||||||
| ManpowerGroup Inc. | 34,044 | 2,601,302 | ||||||
| Nielsen Holdings PLC | 225,402 | 5,233,835 | ||||||
| Robert Half International Inc. | 22,462 | 1,682,179 | ||||||
| Science Applications International Corp. | 36,222 | 3,372,268 | ||||||
| Verisk Analytics Inc. | 49,693 | 8,601,361 | ||||||
| 41,684,958 | ||||||||
| Real Estate Management & Development — 0.1% | ||||||||
| CBRE Group Inc., Class A(a) | 103,576 | 7,624,229 | ||||||
| Jones Lang LaSalle Inc.(a) | 16,215 | 2,835,355 | ||||||
| 10,459,584 | ||||||||
| Road & Rail — 1.3% | ||||||||
| CSX Corp. | 1,377,801 | 40,038,897 | ||||||
| JB Hunt Transport Services Inc. | 21,966 | 3,458,986 | ||||||
| Knight-Swift Transportation Holdings Inc. | 104,258 | 4,826,103 | ||||||
| Landstar System Inc. | 8,718 | 1,267,772 | ||||||
| Norfolk Southern Corp. | 151,229 | 34,372,839 | ||||||
| Ryder System Inc. | 33,724 | 2,396,427 | ||||||
| Union Pacific Corp. | 234,799 | 50,077,931 | ||||||
| Werner Enterprises Inc. | 38,150 | 1,470,301 | ||||||
| XPO Logistics Inc.(a) | 61,875 | 2,979,900 | ||||||
| 140,889,156 | ||||||||
| Security | Shares | Value | ||||||
| Semiconductors & Semiconductor Equipment — 2.9% | ||||||||
| Amkor Technology Inc.(b) | 37,148 | $ | 629,659 | |||||
| Analog Devices Inc. | 331,522 | 48,432,049 | ||||||
| Broadcom Inc. | 111,230 | 54,036,646 | ||||||
| Cirrus Logic Inc.(a) | 19,190 | 1,392,043 | ||||||
| CMC Materials Inc. | 5,951 | 1,038,390 | ||||||
| First Solar Inc.(a) | 25,570 | 1,742,084 | ||||||
| Intel Corp. | 2,591,000 | 96,929,310 | ||||||
| Microchip Technology Inc. | 183,083 | 10,633,461 | ||||||
| Micron Technology Inc. | 706,352 | 39,047,138 | ||||||
| MKS Instruments Inc. | 15,993 | 1,641,362 | ||||||
| NXP Semiconductors NV | 61,528 | 9,107,990 | ||||||
| ON Semiconductor Corp.(a) | 66,050 | 3,322,975 | ||||||
| Qorvo Inc.(a) | 35,432 | 3,341,946 | ||||||
| Semtech Corp.(a) | 13,734 | 754,958 | ||||||
| Skyworks Solutions Inc. | 55,183 | 5,112,153 | ||||||
| SolarEdge Technologies Inc.(a)(b) | 8,810 | 2,411,121 | ||||||
| Texas Instruments Inc. | 298,022 | 45,791,080 | ||||||
| Wolfspeed Inc.(a)(b) | 35,149 | 2,230,204 | ||||||
| 327,594,569 | ||||||||
| Software — 1.1% | ||||||||
| ACI Worldwide Inc.(a) | 40,384 | 1,045,542 | ||||||
| Ansys Inc.(a) | 20,788 | 4,974,361 | ||||||
| Autodesk Inc.(a) | 49,643 | 8,536,610 | ||||||
| Blackbaud Inc.(a) | 9,321 | 541,270 | ||||||
| CDK Global Inc. | 37,649 | 2,062,036 | ||||||
| Ceridian HCM Holding Inc.(a)(b) | 50,487 | 2,376,928 | ||||||
| Citrix Systems Inc. | 78,746 | 7,651,749 | ||||||
| CommVault Systems Inc.(a) | 10,012 | 629,755 | ||||||
| Envestnet Inc.(a) | 5,993 | 316,251 | ||||||
| Fair Isaac Corp.(a) | 6,979 | 2,797,881 | ||||||
| NCR Corp.(a) | 86,576 | 2,693,379 | ||||||
| NortonLifeLock Inc. | 369,702 | 8,118,656 | ||||||
| Paycom Software Inc.(a) | 7,595 | 2,127,511 | ||||||
| PTC Inc.(a) | 33,215 | 3,532,083 | ||||||
| Roper Technologies Inc. | 67,113 | 26,486,145 | ||||||
| Salesforce Inc.(a) | 245,507 | 40,518,475 | ||||||
| Synopsys Inc.(a) | 32,085 | 9,744,215 | ||||||
| Tyler Technologies Inc.(a) | 9,877 | 3,283,905 | ||||||
| 127,436,752 | ||||||||
| Specialty Retail — 1.2% | ||||||||
| Advance Auto Parts Inc. | 20,553 | 3,557,519 | ||||||
| American Eagle Outfitters Inc. | 55,991 | 625,979 | ||||||
| AutoNation Inc.(a) | 11,993 | 1,340,338 | ||||||
| Bath & Body Works Inc. | 56,182 | 1,512,419 | ||||||
| Best Buy Co. Inc. | 128,283 | 8,362,769 | ||||||
| CarMax Inc.(a)(b) | 47,812 | 4,326,030 | ||||||
| Foot Locker Inc. | 56,767 | 1,433,367 | ||||||
| Gap Inc. (The) | 134,868 | 1,111,312 | ||||||
| Home Depot Inc. (The) | 157,169 | 43,106,741 | ||||||
| Lithia Motors Inc. | 18,290 | 5,026,275 | ||||||
| Murphy USA Inc. | 14,295 | 3,328,877 | ||||||
| Ross Stores Inc. | 222,816 | 15,648,368 | ||||||
| TJX Companies Inc. (The) | 744,220 | 41,564,687 | ||||||
| Ulta Beauty, Inc.(a) | 14,530 | 5,601,024 | ||||||
| Victoria’s Secret & Co.(a) | 23,263 | 650,666 | ||||||
| 137,196,371 | ||||||||
| Technology Hardware, Storage & Peripherals — 0.3% | ||||||||
| Hewlett Packard Enterprise Co. | 819,470 | 10,866,172 | ||||||
| HP Inc. | 333,701 | 10,938,719 | ||||||
7
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Technology Hardware, Storage & Peripherals (continued) | ||||||||
| NetApp Inc. | 40,715 | $ | 2,656,247 | |||||
| Seagate Technology Holdings PLC | 34,665 | 2,476,468 | ||||||
| Western Digital Corp.(a) | 197,750 | 8,865,132 | ||||||
| Xerox Holdings Corp. | 77,733 | 1,154,335 | ||||||
| 36,957,073 | ||||||||
| Textiles, Apparel & Luxury Goods — 0.6% | ||||||||
| Capri Holdings Ltd.(a) | 36,873 | 1,512,162 | ||||||
| Carter’s Inc. | 26,577 | 1,873,147 | ||||||
| Columbia Sportswear Co. | 10,198 | 729,973 | ||||||
| Hanesbrands Inc. | 219,325 | 2,256,854 | ||||||
| Nike Inc., Class B | 370,260 | 37,840,572 | ||||||
| PVH Corp. | 44,573 | 2,536,204 | ||||||
| Ralph Lauren Corp. | 29,370 | 2,633,020 | ||||||
| Skechers U.S.A. Inc., Class A(a) | 44,834 | 1,595,194 | ||||||
| Tapestry Inc. | 159,608 | 4,871,236 | ||||||
| Under Armour Inc., Class A(a) | 67,532 | 562,541 | ||||||
| Under Armour Inc., Class C, NVS(a) | 77,036 | 583,933 | ||||||
| VF Corp. | 204,524 | 9,033,825 | ||||||
| 66,028,661 | ||||||||
| Thrifts & Mortgage Finance — 0.1% | ||||||||
| Essent Group Ltd. | 69,463 | 2,702,111 | ||||||
| MGIC Investment Corp. | 204,582 | 2,577,733 | ||||||
| New York Community Bancorp. Inc. | 292,169 | 2,667,503 | ||||||
| 7,947,347 | ||||||||
| Tobacco — 1.3% | ||||||||
| Altria Group Inc. | 1,147,290 | 47,922,303 | ||||||
| Philip Morris International Inc. | 982,265 | 96,988,846 | ||||||
| 144,911,149 | ||||||||
| Trading Companies & Distributors — 0.3% | ||||||||
| Fastenal Co. | 188,055 | 9,387,706 | ||||||
| GATX Corp. | 22,388 | 2,108,054 | ||||||
| MSC Industrial Direct Co. Inc., Class A | 29,473 | 2,213,717 | ||||||
| United Rentals Inc.(a) | 18,209 | 4,423,148 | ||||||
| Univar Solutions Inc.(a) | 107,415 | 2,671,411 | ||||||
| Watsco Inc. | 7,153 | 1,708,279 | ||||||
| Security | Shares | Value | ||||||
| Trading Companies & Distributors (continued) | ||||||||
| WW Grainger Inc. | 27,407 | $ | 12,454,563 | |||||
| 34,966,878 | ||||||||
| Water Utilities — 0.2% | ||||||||
| American Water Works Co. Inc. | 114,929 | 17,097,988 | ||||||
| Essential Utilities Inc. | 53,485 | 2,452,287 | ||||||
| 19,550,275 | ||||||||
| Wireless Telecommunication Services — 0.5% | ||||||||
| T-Mobile U.S. Inc.(a)(b) | 373,313 | 50,225,531 | ||||||
| Total Long-Term Investments — 99.7% | ||||||||
| (Cost: $10,879,437,719) | 11,181,168,476 | |||||||
| Short-Term Securities | ||||||||
| Money Market Funds — 0.8% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 1.61%(c)(e)(f) | 76,665,939 | 76,658,272 | ||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares, 1.35%(c)(e) | 19,560,000 | 19,560,000 | ||||||
| Total Short-Term Securities — 0.8% | ||||||||
| (Cost: $96,196,788) | 96,218,272 | |||||||
| Total Investments in Securities — 100.5% | ||||||||
| (Cost: $10,975,634,507) | 11,277,386,748 | |||||||
| Liabilities in Excess of Other Assets — (0.5)% | (58,965,879 | ) | ||||||
| Net Assets — 100.0% | $ | 11,218,420,869 | ||||||
| (a) | Non-income producing security. |
| (b) | All or a portion of this security is on loan. |
| (c) | Affiliate of the Fund. |
| (d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (e) | Annualized 7-day yield as of period end. |
| (f) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 03/31/22 | Purchases at Cost | Proceeds from Sale | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 06/30/22 | Shares Held at 06/30/22 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 70,219,115 | $ | 6,429,372 | (a) | $ | — | $ | 6,107 | $ | 3,678 | $ | 76,658,272 | 76,665,939 | $ | 36,319 | (b) | $ | — | |||||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares | 22,420,000 | — | (2,860,000 | )(a) | — | — | 19,560,000 | 19,560,000 | 35,431 | — | ||||||||||||||||||||||||||
| BlackRock Inc. | 31,448,652 | 1,494,838 | (234,841 | ) | 73,587 | (6,474,753 | ) | 26,307,483 | 43,195 | 203,115 | — | |||||||||||||||||||||||||
| $ | 79,694 | $ | (6,471,075 | ) | $ | 122,525,755 | $ | 274,865 | $ | — | ||||||||||||||||||||||||||
| (a) | Represents net amount purchased (sold). |
| (b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
8
| Schedule of Investments (unaudited) (continued) | iShares® Core S&P U.S. Value ETF |
| June 30, 2022 |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
| Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||
| Long Contracts | ||||||||||||||
| S&P 500 E-Mini Index | 130 | 09/16/22 | $ | 24,632 | $ | (811,442 | ) | |||||||
| S&P Mid 400 E-Mini Index | 43 | 09/16/22 | 9,752 | (455,083 | ) | |||||||||
| $ | (1,266,525 | ) | ||||||||||||
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| • | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
| • | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
| • | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Investments | ||||||||||||||||
| Assets | ||||||||||||||||
| Common Stocks | $ | 11,181,168,476 | $ | — | $ | — | $ | 11,181,168,476 | ||||||||
| Money Market Funds | 96,218,272 | — | — | 96,218,272 | ||||||||||||
| $ | 11,277,386,748 | $ | — | $ | — | $ | 11,277,386,748 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Liabilities | ||||||||||||||||
| Futures Contracts | $ | (1,266,525 | ) | $ | — | $ | — | $ | (1,266,525 | ) | ||||||
| (a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviations
| NVS | Non-Voting Shares |
| REIT | Real Estate Investment Trust |
9