Schedule of Investments (unaudited) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Common Stocks | ||||||||
| Aerospace & Defense — 2.0% | ||||||||
| Axon Enterprise Inc.(a) | 20,476 | $ | 2,256,250 | |||||
| HEICO Corp. | 12,271 | 1,935,259 | ||||||
| HEICO Corp., Class A | 21,594 | 2,757,122 | ||||||
| Howmet Aerospace Inc. | 108,515 | 4,029,162 | ||||||
| Huntington Ingalls Industries Inc. | 5,313 | 1,152,071 | ||||||
| Textron Inc.(b) | 29,386 | 1,928,897 | ||||||
| TransDigm Group Inc.(a) | 14,949 | 9,303,361 | ||||||
| 23,362,122 | ||||||||
| Air Freight & Logistics — 0.4% | ||||||||
| CH Robinson Worldwide Inc. | 12,364 | 1,368,695 | ||||||
| Expeditors International of Washington Inc. | 26,804 | 2,847,925 | ||||||
| GXO Logistics Inc.(a) | 17,939 | 861,072 | ||||||
| 5,077,692 | ||||||||
| Airlines — 0.3% | ||||||||
| Delta Air Lines Inc.(a) | 112,986 | 3,592,955 | ||||||
| Auto Components — 0.5% | ||||||||
| Aptiv PLC(a) | 45,805 | 4,804,486 | ||||||
| Gentex Corp. | 34,966 | 986,741 | ||||||
| 5,791,227 | ||||||||
| Automobiles — 0.4% | ||||||||
| Lucid Group Inc.(a)(b) | 163,235 | 2,979,039 | ||||||
| Rivian Automotive Inc., Class A(a)(b) | 46,446 | 1,593,098 | ||||||
| 4,572,137 | ||||||||
| Banks — 0.9% | ||||||||
| First Republic Bank/CA | 33,552 | 5,459,246 | ||||||
| Signature Bank/New York NY | 10,055 | 1,865,906 | ||||||
| SVB Financial Group(a) | 5,603 | 2,261,091 | ||||||
| Western Alliance Bancorp. | 12,306 | 939,932 | ||||||
| 10,526,175 | ||||||||
| Beverages — 0.4% | ||||||||
| Brown-Forman Corp., Class A, NVS | 16,009 | 1,159,052 | ||||||
| Brown-Forman Corp., Class B (b) | 52,720 | 3,912,878 | ||||||
| 5,071,930 | ||||||||
| Biotechnology — 2.7% | ||||||||
| Alnylam Pharmaceuticals Inc.(a) | 34,838 | 4,948,389 | ||||||
| BioMarin Pharmaceutical Inc.(a) | 53,356 | 4,591,284 | ||||||
| Exact Sciences Corp.(a) | 50,730 | 2,287,923 | ||||||
| Horizon Therapeutics PLC(a) | 66,296 | 5,500,579 | ||||||
| Incyte Corp.(a) | 54,298 | 4,217,869 | ||||||
| Neurocrine Biosciences Inc.(a) | 27,520 | 2,590,458 | ||||||
| Seagen Inc.(a) | 38,752 | 6,974,585 | ||||||
| 31,111,087 | ||||||||
| Building Products — 2.0% | ||||||||
| A O Smith Corp. | 15,226 | 963,349 | ||||||
| Advanced Drainage Systems Inc.(b) | 16,417 | 1,947,056 | ||||||
| Allegion PLC | 12,815 | 1,354,545 | ||||||
| Builders FirstSource Inc.(a) | 21,454 | 1,458,872 | ||||||
| Carlisle Companies Inc. | 14,909 | 4,414,555 | ||||||
| Carrier Global Corp. | 87,105 | 3,530,366 | ||||||
| Lennox International Inc. | 3,615 | 865,901 | ||||||
| Owens Corning | 9,590 | 889,377 | ||||||
| Trane Technologies PLC | 36,572 | 5,375,718 | ||||||
| Trex Co. Inc.(a) | 32,663 | 2,107,417 | ||||||
| 22,907,156 | ||||||||
| Capital Markets — 3.8% | ||||||||
| Ares Management Corp., Class A | 49,479 | 3,545,170 | ||||||
| Security | Shares | Value | ||||||
| Capital Markets (continued) | ||||||||
| FactSet Research Systems Inc. | 10,930 | $ | 4,696,402 | |||||
| KKR & Co. Inc. | 100,795 | 5,590,091 | ||||||
| LPL Financial Holdings Inc.(b) | 23,064 | 4,841,595 | ||||||
| MarketAxess Holdings Inc. | 10,881 | 2,946,357 | ||||||
| Morningstar Inc. | 6,783 | 1,732,039 | ||||||
| MSCI Inc. | 23,400 | 11,263,356 | ||||||
| Nasdaq Inc. | 16,740 | 3,028,266 | ||||||
| Raymond James Financial Inc. | 33,349 | 3,283,876 | ||||||
| SEI Investments Co. | 16,502 | 913,551 | ||||||
| Tradeweb Markets Inc., Class A | 31,046 | 2,189,364 | ||||||
| 44,030,067 | ||||||||
| Chemicals — 1.8% | ||||||||
| Albemarle Corp. | 33,780 | 8,252,792 | ||||||
| DuPont de Nemours Inc. | 59,818 | 3,662,656 | ||||||
| FMC Corp. | 15,427 | 1,713,940 | ||||||
| Olin Corp. | 24,198 | 1,264,829 | ||||||
| PPG Industries Inc. | 30,595 | 3,955,628 | ||||||
| RPM International Inc. | 18,674 | 1,688,130 | ||||||
| Westlake Corp. | 5,795 | 564,085 | ||||||
| 21,102,060 | ||||||||
| Commercial Services & Supplies — 1.1% | ||||||||
| Copart Inc.(a) | 61,638 | 7,895,828 | ||||||
| Rollins Inc.(b) | 65,291 | 2,518,274 | ||||||
| Tetra Tech Inc. | 15,483 | 2,373,079 | ||||||
| 12,787,181 | ||||||||
| Communications Equipment — 1.4% | ||||||||
| Arista Networks Inc.(a) | 64,903 | 7,569,637 | ||||||
| Ciena Corp.(a) | 25,559 | 1,318,844 | ||||||
| F5 Inc.(a) | 10,187 | 1,704,896 | ||||||
| Motorola Solutions Inc. | 24,791 | 5,914,885 | ||||||
| 16,508,262 | ||||||||
| Construction & Engineering — 0.6% | ||||||||
| AECOM | 22,333 | 1,607,976 | ||||||
| Quanta Services Inc. | 18,512 | 2,568,170 | ||||||
| WillScot Mobile Mini Holdings Corp.(a) | 64,145 | 2,476,638 | ||||||
| 6,652,784 | ||||||||
| Construction Materials — 1.1% | ||||||||
| Martin Marietta Materials Inc. | 17,985 | 6,332,159 | ||||||
| Vulcan Materials Co. | 38,326 | 6,336,437 | ||||||
| 12,668,596 | ||||||||
| Consumer Finance — 0.5% | ||||||||
| Credit Acceptance Corp.(a)(b) | 1,429 | 822,975 | ||||||
| Discover Financial Services | 51,128 | 5,163,928 | ||||||
| 5,986,903 | ||||||||
| Containers & Packaging — 1.0% | ||||||||
| AptarGroup Inc. | 8,625 | 929,430 | ||||||
| Avery Dennison Corp. | 15,385 | 2,930,227 | ||||||
| Ball Corp. | 56,539 | 4,151,094 | ||||||
| Crown Holdings Inc. | 19,654 | 1,998,419 | ||||||
| Sealed Air Corp. | 26,753 | 1,635,143 | ||||||
| 11,644,313 | ||||||||
| Distributors — 0.5% | ||||||||
| LKQ Corp. | 38,132 | 2,091,159 | ||||||
| Pool Corp. | 11,558 | 4,134,297 | ||||||
| 6,225,456 | ||||||||
| Diversified Consumer Services — 0.3% | ||||||||
| Bright Horizons Family Solutions Inc.(a) | 17,170 | 1,608,314 | ||||||
1
Schedule of Investments (unaudited) (continued) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Diversified Consumer Services (continued) | ||||||||
| Service Corp. International | 22,082 | $ | 1,644,226 | |||||
| 3,252,540 | ||||||||
| Diversified Financial Services — 0.3% | ||||||||
| Apollo Global Management Inc. | 55,779 | 3,184,981 | ||||||
| Voya Financial Inc. | 9,043 | 544,027 | ||||||
| 3,729,008 | ||||||||
| Electric Utilities — 0.3% | ||||||||
| Constellation Energy Corp. | 36,367 | 2,403,859 | ||||||
| NRG Energy Inc. | 36,770 | 1,388,067 | ||||||
| 3,791,926 | ||||||||
| Electrical Equipment — 1.7% | ||||||||
| AMETEK Inc. | 44,614 | 5,509,829 | ||||||
| Generac Holdings Inc.(a) | 18,407 | 4,938,598 | ||||||
| Hubbell Inc. | 6,684 | 1,463,930 | ||||||
| Plug Power Inc.(a)(b) | 150,050 | 3,202,067 | ||||||
| Rockwell Automation Inc. | 18,632 | 4,756,377 | ||||||
| 19,870,801 | ||||||||
| Electronic Equipment, Instruments & Components — 3.0% | ||||||||
| CDW Corp./DE | 21,407 | 3,886,013 | ||||||
| Cognex Corp. | 50,055 | 2,551,804 | ||||||
| Corning Inc. | 99,062 | 3,641,519 | ||||||
| Keysight Technologies Inc.(a) | 52,487 | 8,534,386 | ||||||
| Teledyne Technologies Inc.(a) | 13,511 | 5,288,205 | ||||||
| Trimble Inc.(a) | 72,143 | 5,008,889 | ||||||
| Zebra Technologies Corp., Class A(a) | 15,145 | 5,417,215 | ||||||
| 34,328,031 | ||||||||
| Energy Equipment & Services — 0.8% | ||||||||
| Baker Hughes Co. | 151,427 | 3,890,160 | ||||||
| Halliburton Co. | 163,265 | 4,783,664 | ||||||
| 8,673,824 | ||||||||
| Entertainment — 1.6% | ||||||||
| Electronic Arts Inc. | 49,886 | 6,546,540 | ||||||
| Liberty Media Corp.-Liberty Formula One, Class A(a) | 3,825 | 237,112 | ||||||
| Liberty Media Corp.-Liberty Formula One, Class C, NVS(a) | 36,144 | 2,449,479 | ||||||
| Live Nation Entertainment Inc.(a) | 26,386 | 2,480,020 | ||||||
| Playtika Holding Corp.(a) | 10,964 | 134,528 | ||||||
| Roku Inc.(a)(b) | 34,609 | 2,267,582 | ||||||
| Take-Two Interactive Software Inc.(a) | 30,584 | 4,059,414 | ||||||
| 18,174,675 | ||||||||
| Equity Real Estate Investment Trusts (REITs) — 8.8% | ||||||||
| Alexandria Real Estate Equities Inc. | 18,991 | 3,148,328 | ||||||
| American Campus Communities Inc. | 40,166 | 2,623,643 | ||||||
| American Homes 4 Rent, Class A | 85,361 | 3,233,475 | ||||||
| Apartment Income REIT Corp. | 23,172 | 1,050,618 | ||||||
| AvalonBay Communities Inc. | 19,527 | 4,177,606 | ||||||
| Brixmor Property Group Inc. | 32,544 | 754,370 | ||||||
| Camden Property Trust | 30,720 | 4,334,592 | ||||||
| CubeSmart | 41,571 | 1,906,862 | ||||||
| Duke Realty Corp. | 110,877 | 6,936,465 | ||||||
| EastGroup Properties Inc. | 12,019 | 2,049,720 | ||||||
| Equity LifeStyle Properties Inc. | 34,211 | 2,515,193 | ||||||
| Equity Residential | 42,235 | 3,310,802 | ||||||
| Essex Property Trust Inc. | 9,013 | 2,582,495 | ||||||
| Extra Space Storage Inc. | 26,523 | 5,026,639 | ||||||
| Federal Realty Investment Trust | 10,152 | 1,072,153 | ||||||
| Healthpeak Properties Inc. | 91,640 | 2,532,013 | ||||||
| Host Hotels & Resorts Inc. | 206,268 | 3,673,633 | ||||||
| Security | Shares | Value | ||||||
| Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
| Invitation Homes Inc. | 176,013 | $ | 6,869,787 | |||||
| Kilroy Realty Corp. | 13,530 | 733,055 | ||||||
| Lamar Advertising Co., Class A | 9,598 | 969,974 | ||||||
| Life Storage Inc. | 14,875 | 1,872,614 | ||||||
| Mid-America Apartment Communities Inc. | 19,395 | 3,602,233 | ||||||
| Realty Income Corp. | 68,102 | 5,038,867 | ||||||
| Regency Centers Corp. | 25,457 | 1,640,195 | ||||||
| Rexford Industrial Realty Inc. | 47,503 | 3,107,171 | ||||||
| SBA Communications Corp. | 31,098 | 10,442,397 | ||||||
| Sun Communities Inc. | 35,074 | 5,750,733 | ||||||
| UDR Inc. | 54,507 | 2,638,139 | ||||||
| Welltower Inc. | 53,952 | 4,658,216 | ||||||
| Weyerhaeuser Co. | 94,250 | 3,423,160 | ||||||
| 101,675,148 | ||||||||
| Food & Staples Retailing — 0.4% | ||||||||
| BJ’s Wholesale Club Holdings Inc.(a) | 14,539 | 984,290 | ||||||
| Performance Food Group Co.(a) | 44,697 | 2,221,888 | ||||||
| U.S. Foods Holding Corp.(a) | 26,603 | 837,995 | ||||||
| 4,044,173 | ||||||||
| Food Products — 1.3% | ||||||||
| Darling Ingredients Inc.(a) | 16,980 | 1,176,374 | ||||||
| Hershey Co. (The) | 27,234 | 6,208,263 | ||||||
| Hormel Foods Corp. | 37,685 | 1,859,378 | ||||||
| Lamb Weston Holdings Inc. | 26,985 | 2,149,625 | ||||||
| McCormick & Co. Inc./MD, NVS | 38,064 | 3,324,890 | ||||||
| 14,718,530 | ||||||||
| Health Care Equipment & Supplies — 5.1% | ||||||||
| Abiomed Inc.(a) | 13,155 | 3,854,547 | ||||||
| Align Technology Inc.(a) | 21,137 | 5,938,863 | ||||||
| Baxter International Inc. | 67,477 | 3,958,201 | ||||||
| Cooper Companies Inc. (The) | 14,223 | 4,650,921 | ||||||
| DENTSPLY SIRONA Inc. | 23,353 | 844,444 | ||||||
| Hologic Inc.(a) | 38,856 | 2,773,541 | ||||||
| IDEXX Laboratories Inc.(a) | 24,231 | 9,672,531 | ||||||
| Insulet Corp.(a)(b) | 19,996 | 4,955,009 | ||||||
| Novocure Ltd.(a)(b) | 25,968 | 1,765,564 | ||||||
| ResMed Inc. | 42,192 | 10,148,020 | ||||||
| STERIS PLC | 28,872 | 6,514,967 | ||||||
| Teleflex Inc. | 13,535 | 3,254,626 | ||||||
| 58,331,234 | ||||||||
| Health Care Providers & Services — 0.4% | ||||||||
| agilon health Inc.(a) | 13,997 | 350,345 | ||||||
| Chemed Corp. | 2,202 | 1,059,360 | ||||||
| DaVita Inc.(a) | 7,198 | 605,784 | ||||||
| Molina Healthcare Inc.(a) | 8,540 | 2,798,729 | ||||||
| 4,814,218 | ||||||||
| Health Care Technology — 0.8% | ||||||||
| Veeva Systems Inc., Class A(a) | 40,319 | 9,014,522 | ||||||
| Hotels, Restaurants & Leisure — 2.9% | ||||||||
| Caesars Entertainment Inc.(a) | 61,738 | 2,820,809 | ||||||
| Choice Hotels International Inc. | 9,531 | 1,152,012 | ||||||
| Churchill Downs Inc. | 9,875 | 2,071,775 | ||||||
| Darden Restaurants Inc. | 16,229 | 2,020,348 | ||||||
| Domino’s Pizza Inc. | 10,395 | 4,075,984 | ||||||
| Expedia Group Inc.(a) | 19,981 | 2,118,985 | ||||||
| MGM Resorts International | 101,776 | 3,331,129 | ||||||
| Royal Caribbean Cruises Ltd.(a) | 36,405 | 1,409,238 | ||||||
| Vail Resorts Inc. | 11,672 | 2,767,781 | ||||||
2
Schedule of Investments (unaudited) (continued) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Hotels, Restaurants & Leisure (continued) | ||||||||
| Wyndham Hotels & Resorts Inc. | 26,571 | $ | 1,844,293 | |||||
| Yum! Brands Inc. | 82,239 | 10,077,567 | ||||||
| 33,689,921 | ||||||||
| Household Durables — 0.6% | ||||||||
| DR Horton Inc. | 42,471 | 3,314,012 | ||||||
| Garmin Ltd. | 16,251 | 1,586,423 | ||||||
| NVR Inc.(a) | 511 | 2,244,874 | ||||||
| 7,145,309 | ||||||||
| Household Products — 0.4% | ||||||||
| Church & Dwight Co. Inc. | 46,018 | 4,048,203 | ||||||
| Insurance — 2.7% | ||||||||
| Alleghany Corp.(a) | 1,927 | 1,613,824 | ||||||
| Arch Capital Group Ltd. | 43,853 | 1,947,073 | ||||||
| Arthur J Gallagher & Co. | 38,481 | 6,887,714 | ||||||
| Assurant Inc. | 5,346 | 939,720 | ||||||
| Brown & Brown Inc. | 67,621 | 4,402,127 | ||||||
| Cincinnati Financial Corp. | 25,453 | 2,477,595 | ||||||
| Erie Indemnity Co., Class A, NVS | 3,543 | 720,504 | ||||||
| Everest Re Group Ltd. | 5,445 | 1,423,051 | ||||||
| Loews Corp. | 24,739 | 1,441,047 | ||||||
| Markel Corp.(a) | 2,357 | 3,057,359 | ||||||
| W R Berkley Corp. | 38,544 | 2,410,156 | ||||||
| Willis Towers Watson PLC | 19,607 | 4,057,473 | ||||||
| 31,377,643 | ||||||||
| Interactive Media & Services — 1.2% | ||||||||
| IAC/InterActiveCorp.(a) | 9,413 | 644,791 | ||||||
| Match Group Inc.(a) | 82,359 | 6,037,738 | ||||||
| Pinterest Inc., Class A(a) | 165,918 | 3,232,083 | ||||||
| ZoomInfo Technologies Inc.(a) | 87,370 | 3,310,449 | ||||||
| 13,225,061 | ||||||||
| Internet & Direct Marketing Retail — 0.6% | ||||||||
| DoorDash Inc., Class A(a)(b) | 48,193 | 3,361,462 | ||||||
| Etsy Inc.(a)(b) | 36,601 | 3,796,256 | ||||||
| 7,157,718 | ||||||||
| IT Services — 5.1% | ||||||||
| Akamai Technologies Inc.(a) | 27,199 | 2,617,088 | ||||||
| Broadridge Financial Solutions Inc. | 33,811 | 5,428,356 | ||||||
| Cloudflare Inc., Class A(a) | 81,137 | 4,082,814 | ||||||
| Concentrix Corp. | 7,790 | 1,041,990 | ||||||
| EPAM Systems Inc.(a) | 16,478 | 5,754,942 | ||||||
| FleetCor Technologies Inc.(a) | 13,844 | 3,046,926 | ||||||
| Gartner Inc.(a) | 23,224 | 6,165,508 | ||||||
| Genpact Ltd. | 21,129 | 1,015,882 | ||||||
| GoDaddy Inc., Class A(a) | 46,699 | 3,464,132 | ||||||
| Jack Henry & Associates Inc. | 21,021 | 4,367,533 | ||||||
| MongoDB Inc. (a) | 19,488 | 6,089,415 | ||||||
| Okta Inc.(a) | 43,476 | 4,280,212 | ||||||
| SS&C Technologies Holdings Inc. | 24,773 | 1,465,818 | ||||||
| Twilio Inc., Class A(a) | 49,562 | 4,202,858 | ||||||
| VeriSign Inc.(a) | 27,487 | 5,199,441 | ||||||
| 58,222,915 | ||||||||
| Leisure Products — 0.2% | ||||||||
| Hasbro Inc. | 18,863 | 1,484,895 | ||||||
| Mattel Inc.(a) | 49,640 | 1,151,648 | ||||||
| 2,636,543 | ||||||||
| Life Sciences Tools & Services — 5.4% | ||||||||
| Agilent Technologies Inc. | 86,553 | 11,606,757 | ||||||
| Security | Shares | Value | ||||||
| Life Sciences Tools & Services (continued) | ||||||||
| Avantor Inc.(a) | 176,018 | $ | 5,108,042 | |||||
| Bio-Rad Laboratories Inc., Class A(a) | 6,256 | 3,523,755 | ||||||
| Bio-Techne Corp. | 11,310 | 4,357,517 | ||||||
| Bruker Corp. | 28,845 | 1,977,325 | ||||||
| Charles River Laboratories International Inc.(a) | 14,674 | 3,676,424 | ||||||
| Mettler-Toledo International Inc.(a) | 6,536 | 8,821,835 | ||||||
| PerkinElmer Inc. | 36,378 | 5,572,018 | ||||||
| Repligen Corp.(a) | 14,874 | 3,173,517 | ||||||
| Syneos Health Inc.(a) | 10,637 | 841,812 | ||||||
| Waters Corp.(a) | 17,378 | 6,326,113 | ||||||
| West Pharmaceutical Services Inc. | 21,369 | 7,341,534 | ||||||
| 62,326,649 | ||||||||
| Machinery — 4.2% | ||||||||
| AGCO Corp. | 6,043 | 658,204 | ||||||
| Dover Corp. | 21,008 | 2,808,349 | ||||||
| Fortive Corp. | 50,641 | 3,263,812 | ||||||
| Graco Inc. | 48,709 | 3,271,296 | ||||||
| IDEX Corp. | 21,921 | 4,576,009 | ||||||
| Ingersoll Rand Inc. | 117,064 | 5,829,787 | ||||||
| Lincoln Electric Holdings Inc. | 11,315 | 1,600,394 | ||||||
| Middleby Corp. (The)(a) | 7,691 | 1,112,811 | ||||||
| Nordson Corp.(b) | 15,559 | 3,593,973 | ||||||
| Otis Worldwide Corp. | 64,244 | 5,021,954 | ||||||
| PACCAR Inc. | 34,298 | 3,138,953 | ||||||
| Parker-Hannifin Corp. | 14,662 | 4,238,638 | ||||||
| Pentair PLC | 16,217 | 792,849 | ||||||
| Toro Co. (The) | 17,419 | 1,497,860 | ||||||
| Westinghouse Air Brake Technologies Corp. | 21,618 | 2,020,634 | ||||||
| Xylem Inc./NY | 51,936 | 4,779,670 | ||||||
| 48,205,193 | ||||||||
| Media — 0.6% | ||||||||
| Cable One Inc. | 761 | 1,047,654 | ||||||
| Liberty Broadband Corp., Class A, NVS(a)(b) | 6,016 | 649,307 | ||||||
| Liberty Broadband Corp., Class C (a) | 37,725 | 4,109,384 | ||||||
| Sirius XM Holdings Inc.(b) | 163,965 | 1,095,286 | ||||||
| 6,901,631 | ||||||||
| Metals & Mining — 0.2% | ||||||||
| Royal Gold Inc. | 18,912 | 1,981,410 | ||||||
| Multi-Utilities — 0.2% | ||||||||
| CMS Energy Corp. | 36,143 | 2,484,108 | ||||||
| Multiline Retail — 0.6% | ||||||||
| Dollar Tree Inc.(a) | 37,916 | 6,269,790 | ||||||
| Oil, Gas & Consumable Fuels — 2.7% | ||||||||
| APA Corp. | 54,206 | 2,014,837 | ||||||
| Cheniere Energy Inc. | 68,165 | 10,196,121 | ||||||
| Coterra Energy Inc. | 147,015 | 4,497,189 | ||||||
| EQT Corp. | 50,914 | 2,241,743 | ||||||
| Hess Corp.(b) | 27,817 | 3,128,578 | ||||||
| New Fortress Energy Inc. | 11,908 | 583,135 | ||||||
| ONEOK Inc. | 54,007 | 3,226,378 | ||||||
| Targa Resources Corp. | 23,528 | 1,626,020 | ||||||
| Texas Pacific Land Corp. | 1,780 | 3,264,253 | ||||||
| 30,778,254 | ||||||||
| Personal Products — 0.0% | ||||||||
| Olaplex Holdings Inc.(a)(b) | 20,468 | 352,050 | ||||||
3
Schedule of Investments (unaudited) (continued) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Pharmaceuticals — 0.8% | ||||||||
| Catalent Inc.(a) | 51,691 | $ | 5,846,252 | |||||
| Elanco Animal Health Inc.(a) | 136,459 | 2,764,659 | ||||||
| 8,610,911 | ||||||||
| Professional Services — 3.1% | ||||||||
| Booz Allen Hamilton Holding Corp. | 19,051 | 1,828,515 | ||||||
| Clarivate PLC(a)(b) | 112,627 | 1,631,965 | ||||||
| CoStar Group Inc.(a) | 114,265 | 8,294,496 | ||||||
| Dun & Bradstreet Holdings Inc.(a)(b) | 13,710 | 216,070 | ||||||
| Equifax Inc. | 35,276 | 7,369,509 | ||||||
| Jacobs Engineering Group Inc. | 17,846 | 2,450,256 | ||||||
| Robert Half International Inc. | 15,929 | 1,260,621 | ||||||
| TransUnion(b) | 55,487 | 4,396,235 | ||||||
| Verisk Analytics Inc. | 45,537 | 8,663,414 | ||||||
| 36,111,081 | ||||||||
| Real Estate Management & Development — 0.4% | ||||||||
| CBRE Group Inc., Class A(a) | 33,577 | 2,874,863 | ||||||
| Zillow Group Inc., Class A, NVS(a) | 10,346 | 362,110 | ||||||
| Zillow Group Inc., Class C (a)(b) | 47,320 | 1,650,521 | ||||||
| 4,887,494 | ||||||||
| Road & Rail — 1.4% | ||||||||
| AMERCO | 1,485 | 797,564 | ||||||
| Avis Budget Group Inc.(a) | 5,446 | 991,335 | ||||||
| JB Hunt Transport Services Inc. | 24,181 | 4,431,652 | ||||||
| Knight-Swift Transportation Holdings Inc. | 23,681 | 1,301,271 | ||||||
| Lyft Inc., Class A(a) | 45,613 | 632,196 | ||||||
| Old Dominion Freight Line Inc. | 26,475 | 8,035,427 | ||||||
| 16,189,445 | ||||||||
| Semiconductors & Semiconductor Equipment — 5.2% | ||||||||
| Enphase Energy Inc.(a) | 38,947 | 11,067,958 | ||||||
| Entegris Inc. | 42,899 | 4,714,600 | ||||||
| First Solar Inc.(a) | 12,889 | 1,278,202 | ||||||
| Lattice Semiconductor Corp.(a) | 39,679 | 2,440,259 | ||||||
| Microchip Technology Inc. | 160,348 | 11,041,563 | ||||||
| Monolithic Power Systems Inc. | 12,649 | 5,878,243 | ||||||
| ON Semiconductor Corp.(a) | 125,310 | 8,368,202 | ||||||
| Qorvo Inc.(a) | 13,074 | 1,360,611 | ||||||
| Skyworks Solutions Inc. | 15,042 | 1,637,773 | ||||||
| SolarEdge Technologies Inc.(a) | 15,973 | 5,752,357 | ||||||
| Teradyne Inc. | 46,205 | 4,661,622 | ||||||
| Wolfspeed Inc.(a)(b) | 13,842 | 1,153,039 | ||||||
| 59,354,429 | ||||||||
| Software — 8.7% | ||||||||
| Ansys Inc.(a) | 25,089 | 6,999,580 | ||||||
| AppLovin Corp., Class A(a)(b) | 10,306 | 366,275 | ||||||
| Aspen Technology Inc.(a) | 8,079 | 1,648,843 | ||||||
| Avalara Inc.(a) | 25,352 | 2,216,272 | ||||||
| Bentley Systems Inc., Class B | 54,128 | 2,143,469 | ||||||
| Bill.com Holdings Inc.(a)(b) | 26,796 | 3,619,604 | ||||||
| Black Knight Inc.(a) | 44,879 | 2,947,653 | ||||||
| Ceridian HCM Holding Inc.(a)(b) | 39,619 | 2,169,933 | ||||||
| Citrix Systems Inc. | 20,000 | 2,028,200 | ||||||
| Datadog Inc., Class A(a) | 74,274 | 7,576,691 | ||||||
| DocuSign Inc.(a) | 57,670 | 3,689,727 | ||||||
| Dynatrace Inc.(a) | 56,802 | 2,137,459 | ||||||
| Elastic NV(a)(b) | 21,059 | 1,682,403 | ||||||
| Fair Isaac Corp.(a) | 7,469 | 3,450,902 | ||||||
| Five9 Inc.(a) | 20,061 | 2,168,995 | ||||||
| Guidewire Software Inc.(a)(b) | 9,709 | 754,583 | ||||||
| HubSpot Inc.(a) | 13,090 | 4,031,720 | ||||||
| Security | Shares | Value | ||||||
| Software (continued) | ||||||||
| Manhattan Associates Inc.(a) | 18,198 | $ | 2,559,913 | |||||
| Palantir Technologies Inc., Class A(a)(b) | 471,597 | 4,881,029 | ||||||
| Paycom Software Inc.(a)(b) | 13,890 | 4,590,506 | ||||||
| Paylocity Holding Corp.(a) | 11,451 | 2,358,104 | ||||||
| PTC Inc.(a) | 30,386 | 3,749,025 | ||||||
| RingCentral Inc., Class A(a) | 24,423 | 1,208,694 | ||||||
| Splunk Inc.(a)(b) | 46,410 | 4,822,463 | ||||||
| Trade Desk Inc. (The), Class A(a) | 127,504 | 5,737,680 | ||||||
| Tyler Technologies Inc.(a)(b) | 11,962 | 4,772,838 | ||||||
| UiPath Inc., Class A(a) | 80,096 | 1,468,160 | ||||||
| Unity Software Inc.(a)(b) | 47,827 | 1,788,252 | ||||||
| Zendesk Inc.(a) | 35,332 | 2,664,739 | ||||||
| Zoom Video Communications Inc., Class A(a) | 65,535 | 6,806,465 | ||||||
| Zscaler Inc.(a) | 23,201 | 3,597,547 | ||||||
| 100,637,724 | ||||||||
| Specialty Retail — 3.6% | ||||||||
| Advance Auto Parts Inc. | 8,262 | 1,599,688 | ||||||
| AutoZone Inc.(a) | 3,459 | 7,393,232 | ||||||
| Bath & Body Works Inc. | 21,764 | 773,493 | ||||||
| Burlington Stores Inc.(a)(b) | 19,027 | 2,685,280 | ||||||
| CarMax Inc.(a)(b) | 21,856 | 2,175,546 | ||||||
| Five Below Inc.(a)(b) | 16,004 | 2,033,628 | ||||||
| Floor & Decor Holdings Inc., Class A(a)(b) | 30,511 | 2,458,271 | ||||||
| GameStop Corp., Class A(a)(b) | 32,052 | 1,090,089 | ||||||
| Lithia Motors Inc. | 4,136 | 1,097,198 | ||||||
| RH(a) | 2,609 | 729,033 | ||||||
| Ross Stores Inc. | 101,341 | 8,234,970 | ||||||
| Tractor Supply Co. | 19,154 | 3,667,608 | ||||||
| Ulta Beauty, Inc.(a) | 15,065 | 5,858,929 | ||||||
| Williams-Sonoma Inc. | 8,990 | 1,298,336 | ||||||
| 41,095,301 | ||||||||
| Technology Hardware, Storage & Peripherals — 0.4% | ||||||||
| NetApp Inc. | 22,960 | 1,637,737 | ||||||
| Pure Storage Inc., Class A(a) | 80,873 | 2,292,749 | ||||||
| 3,930,486 | ||||||||
| Textiles, Apparel & Luxury Goods — 0.6% | ||||||||
| Capri Holdings Ltd.(a) | 14,734 | 717,251 | ||||||
| Deckers Outdoor Corp.(a) | 7,858 | 2,461,204 | ||||||
| VF Corp. | 93,087 | 4,159,127 | ||||||
| 7,337,582 | ||||||||
| Trading Companies & Distributors — 1.2% | ||||||||
| Fastenal Co. | 98,701 | 5,069,283 | ||||||
| United Rentals Inc.(a) | 10,593 | 3,418,043 | ||||||
| Watsco Inc. | 5,906 | 1,617,949 | ||||||
| WW Grainger Inc. | 7,401 | 4,022,666 | ||||||
| 14,127,941 | ||||||||
| Water Utilities — 0.6% | ||||||||
| American Water Works Co. Inc. | 32,204 | 5,005,790 | ||||||
| Essential Utilities Inc. | 39,592 | 2,056,408 | ||||||
| 7,062,198 | ||||||||
| Total Long-Term Investments — 99.8% | ||||||||
| (Cost: $1,134,264,774) | 1,150,183,723 | |||||||
| Short-Term Securities | ||||||||
| Money Market Funds — 4.9% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 1.93%(c)(d)(e) | 54,934,607 | 54,929,114 | ||||||
4
Schedule of Investments (unaudited) (continued) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Money Market Funds (continued) | ||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares, 1.81%(c)(d) | 1,740,000 | $ | 1,740,000 | |||||
| Total Short-Term Securities — 4.9% | ||||||||
| (Cost: $56,656,545) | 56,669,114 | |||||||
| Total Investments in Securities — 104.7% | ||||||||
| (Cost: $1,190,921,319) | 1,206,852,837 | |||||||
| Liabilities in Excess of Other Assets — (4.7)% | (54,491,422 | ) | ||||||
| Net Assets — 100.0% | $ | 1,152,361,415 | ||||||
| (a) | Non-income producing security. |
| (b) | All or a portion of this security is on loan. |
| (c) | Affiliate of the Fund. |
| (d) | Annualized 7-day yield as of period end. |
| (e) | 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 July 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 04/30/22 | Purchases at Cost | Proceeds from Sale | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 07/31/22 | Shares Held at 07/31/22 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 76,809,658 | $ | — | $ | (21,875,223 | )(a) | $ | 1,260 | $ | (6,581 | ) | $ | 54,929,114 | 54,934,607 | $ | 138,684 | (b) | $ | — | ||||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares | 1,250,000 | 490,000 | (a) | — | — | — | 1,740,000 | 1,740,000 | 4,426 | — | ||||||||||||||||||||||||||
| $ | 1,260 | $ | (6,581 | ) | $ | 56,669,114 | $ | 143,110 | $ | — | ||||||||||||||||||||||||||
| (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. |
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 | ||||||||||||||
| E-Mini Technology Select Sector Index | 5 | 09/16/22 | $ | 728 | $ | 62,302 | ||||||||
| Russell 2000 E-Mini Index | 13 | 09/16/22 | 1,225 | 101,463 | ||||||||||
| $ | 163,765 | |||||||||||||
Fair Value Hierarchy as of Period End
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
5
Schedule of Investments (unaudited) (continued) |
iShares® Morningstar Mid-Cap Growth ETF |
| July 31, 2022 |
Fair Value Hierarchy as of Period End (continued)
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 | $ | 1,150,183,723 | $ | — | $ | — | $ | 1,150,183,723 | ||||||||
| Money Market Funds | 56,669,114 | — | — | 56,669,114 | ||||||||||||
| $ | 1,206,852,837 | $ | — | $ | — | $ | 1,206,852,837 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Assets | ||||||||||||||||
| Futures Contracts | $ | 163,765 | $ | — | $ | — | $ | 163,765 | ||||||||
| (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 |
6