Schedule of Investments (unaudited)	iShares® Global Clean Energy ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Austria — 0.9%
Verbund AG		277,296	$	22,549,244
Brazil — 3.5%
AES Brasil Energia SA(a)		3,893,596		8,951,247
Auren Energia SA		4,975,816		13,236,972
CPFL Energia SA		3,057,798		22,379,250
Energisa SA		4,126,095		42,148,730
				86,716,199
Canada — 4.7%
Ballard Power Systems Inc.(a)(b)		1,816,159		5,943,769
Boralex Inc., Class A		728,916		17,582,466
Brookfield Renewable Corp., Class A		561,286		15,680,689
Canadian Solar Inc.(a)(b)		847,135		18,721,683
Innergex Renewable Energy Inc.		1,771,101		12,093,203
Northland Power Inc.		2,604,283		47,922,914
				117,944,724
Chile — 0.4%
Enel Americas SA		88,860,885		9,005,551
China — 12.8%
CECEP Solar Energy Co. Ltd., Class A		5,186,700		3,638,504
CECEP Wind Power Corp, Class A		8,590,820		3,392,728
China Conch Venture Holdings Ltd.		21,247,000		16,496,064
China Datang Corp. Renewable Power Co. Ltd., Class H		38,596,000		8,358,956
China Green Electricity Investment of Tianjin Co. Ltd.		1,854,700		2,335,017
China Three Gorges Renewables Group Co. Ltd., Class A		37,811,696		23,303,891
China Yangtze Power Co. Ltd., Class A		32,434,930		110,158,050
Chongqing Three Gorges Water Conservancy & Electric Power Co. Ltd.		2,537,600		2,463,655
Dajin Heavy Industry Co. Ltd.		845,200		2,226,140
Flat Glass Group Co. Ltd., Class H(b)		6,556,000		9,860,361
GCL System Integration Technology Co. Ltd., Class A(a)		7,763,500		2,611,552
Ginlong Technologies Co. Ltd., Class A		531,750		4,416,553
GoodWe Technologies Co. Ltd., NVS		226,873		2,943,596
Guangxi Guiguan Electric Power Co. Ltd.		5,229,900		4,226,402
Hainan Drinda New Energy Technology Co. Ltd.		300,600		2,376,662
Hoymiles Power Electronics Inc., NVS		109,564		2,858,811
Huaneng Lancang River Hydropower Inc.		8,955,957		10,887,414
JA Solar Technology Co. Ltd., Class A		4,400,352		10,462,811
Jiangsu Haili Wind Power Equipment Technology  Co. Ltd.		287,100		1,674,266
Jinko Solar Co. Ltd.		8,293,632		9,144,103
LONGi Green Energy Technology Co. Ltd., Class A		7,508,740		20,214,465
Ming Yang Smart Energy Group Ltd., Class A		3,013,900		3,771,858
NYOCOR Co. Ltd.		2,649,300		1,955,994
Risen Energy Co. Ltd.		1,514,100		3,101,037
Shanghai Aiko Solar Energy Co. Ltd.		2,424,400		4,667,332
Sichuan Chuantou Energy Co. Ltd., Class A		5,918,800		12,785,168
Sungrow Power Supply Co. Ltd., Class A		1,478,800		16,127,174
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		5,364,300		9,176,093
Titan Wind Energy Suzhou Co. Ltd., Class A		2,385,200		2,960,982
Trina Solar Co. Ltd.		2,884,268		9,286,150
Zhejiang Akcome New Energy Technology Co. Ltd.(a)		5,944,200		1,508,507
				319,390,296

Security	Shares		Value
Denmark — 10.7%
Orsted A/S(c)		2,207,639	$	124,433,021
Vestas Wind Systems A/S(a)		5,003,886		141,084,610
				265,517,631
France — 0.4%
Neoen SA(c)		365,487		10,567,344
Germany — 2.1%
Encavis AG(a)(b)		787,940		10,969,949
Nordex SE(a)(b)		2,078,549		21,208,019
SMA Solar Technology AG(a)(b)		282,013		14,464,428
VERBIO Vereinigte BioEnergie AG(b)		309,725		6,775,135
				53,417,531
Greece — 0.3%
Terna Energy SA		465,182		7,549,639
India — 5.6%
MTAR Technologies Ltd.(a)		311,224		7,885,409
NHPC Ltd., NVS		44,884,603		49,200,499
SJVN Ltd.		8,473,362		13,446,548
Suzlon Energy Ltd.(a)		124,963,687		69,098,444
				139,630,900
Israel — 0.5%
Enlight Renewable Energy Ltd.(a)(b)		726,329		13,119,946
Italy — 1.1%
ERG SpA		922,476		27,049,301
Japan — 3.5%
Abalance Corp.(b)		179,700		3,293,667
Chubu Electric Power Co. Inc.		6,015,000		78,030,707
RENOVA Inc.(a)(b)		722,400		6,206,530
				87,530,904
New Zealand — 0.6%
Contact Energy Ltd.		1,346,387		6,641,440
Meridian Energy Ltd.		2,493,747		8,448,289
				15,089,729
Norway — 0.5%
NEL ASA(a)(b)		24,632,373		12,297,909
Portugal — 3.2%
EDP - Energias de Portugal SA		16,924,589		75,491,057
Greenvolt Energias Renovaveis SA(a)		623,232		5,442,098
				80,933,155
Singapore — 0.1%
Maxeon Solar Technologies Ltd.(a)(b)		542,762		2,458,712
South Korea — 3.1%
CS Wind Corp.		461,638		19,662,137
Doosan Fuel Cell Co. Ltd.(a)(b)		673,498		10,415,867
Hanwha Solutions Corp.(a)		1,877,639		46,645,426
				76,723,430
Spain — 3.1%
Corp. ACCIONA Energias Renovables SA		928,362		24,123,557
EDP Renovaveis SA		2,067,718		33,483,040
Solaria Energia y Medio Ambiente SA(a)(b)		1,248,371		18,431,101
				76,037,698
Switzerland — 1.1%
BKW AG		123,921		19,687,130
Meyer Burger Technology AG(a)(b)		53,697,268		6,906,752
				26,593,882
Taiwan — 1.5%
Century Iron & Steel Industrial Co. Ltd.		2,752,000		19,238,012

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Schedule of Investments (unaudited) (continued)	iShares® Global Clean Energy ETF
January 31, 2024	(Percentages shown are based on Net Assets)

Security	Shares		Value
Taiwan (continued)
Motech Industries Inc.		6,405,000	$	5,318,407
TSEC Corp.		8,496,235		7,700,733
United Renewable Energy Co. Ltd.		11,511,000		4,751,370
				37,008,522
Thailand — 1.0%
Energy Absolute PCL, NVDR(b)		22,734,300		25,413,697
Turkey — 0.3%
Biotrend Cevre VE Enerji Yatirimlari AS(a)		3,731,857		2,422,725
Smart Gunes Enerjisi Teknolojileri ArGE Uretim
Sanayi ve Ticaret AS, NVS(a)		2,512,282		5,166,136
				7,588,861
United Kingdom — 0.4%
ReNew Energy Global PLC(a)(b)		1,393,936		9,436,947
United States — 36.5%
Altus Power Inc., Class A(a)(b)		1,002,064		5,401,125
Array Technologies Inc.(a)(b)		2,357,580		31,214,359
Avangrid Inc.		866,032		26,310,052
Bloom Energy Corp., Class A(a)(b)		3,493,119		39,542,107
Clearway Energy Inc., Class C		1,370,473		33,220,266
Enphase Energy Inc.(a)(b)		1,804,103		187,861,246
First Solar Inc.(a)(b)		1,306,336		191,116,957
Green Plains Inc.(a)(b)		1,049,805		21,762,458
NEXTracker Inc., Class A(a)(b)		2,028,194		91,816,342
Ormat Technologies Inc.(b)		889,450		57,529,626
Plug Power Inc.(a)(b)		9,038,585		40,221,703
REX American Resources Corp.(a)		186,490		7,718,821
Shoals Technologies Group Inc., Class A(a)(b)		2,813,130		37,048,922
SolarEdge Technologies Inc.(a)(b)		940,838		62,565,727
Sunnova Energy International Inc.(a)(b)		1,766,429		18,582,833
SunPower Corp.(a)(b)		1,423,806		4,314,132
Sunrun Inc.(a)(b)		3,594,713		52,051,444
				908,278,120
Total Common Stocks — 97.9%
(Cost: $3,473,917,576)				2,437,849,872

Security	Shares		Value
Preferred Stocks
Brazil — 1.7%
Cia. Energetica de Minas Gerais, Preference
Shares, NVS		18,188,171	$	42,291,242
Total Preferred Stocks — 1.7%
(Cost: $40,365,997)				42,291,242
Total Long-Term Investments — 99.6%
(Cost: $3,514,283,573)				2,480,141,114
Short-Term Securities
Money Market Funds — 14.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%(d)(e)(f)		363,674,345		363,892,549
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%(d)(e)		3,320,000		3,320,000
Total Short-Term Securities — 14.7%
(Cost: $366,948,728)				367,212,549
Total Investments — 114.3%
(Cost: $3,881,232,301)				2,847,353,663
Liabilities in Excess of Other Assets — (14.3)%				(356,705,471	)
Net Assets — 100.0%			$	2,490,648,192

^(a) Non-income producing security.

^(b) All or a portion of this security is on loan.

^(c) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(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 the cash collateral from loaned securities.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 04/30/23		Purchases at Cost		Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 01/31/24		Shares Held at 01/31/24		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	709,863,596	$	—	$	(346,111,701	)(a)	$	123,374	$	17,280	$	363,892,549		363,674,345	$	2,549,615	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		14,710,000		—		(11,390,000	)(a)		—		—		3,320,000		3,320,000		368,317			—
								$	123,374	$	17,280	$	367,212,549			$	2,917,932		$	—

^(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.

2

Schedule of Investments (unaudited) (continued)	iShares® Global Clean Energy ETF
January 31, 2024

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
Euro STOXX 50 Index		30	03/15/24	$	1,508	$	42,815
MSCI Emerging Markets Index		38	03/15/24		1,863		(30,550	)
S&P 500 E-Mini Index		24	03/15/24		5,845		48,327
						$	60,592

OTC Total Return Swaps

Reference Entity	Payment Frequency	Counterparty(a)	Termination Date	Net Notional		Accrued Unrealized Appreciation (Depreciation)			Net Value of Reference Entity		Gross Notional Amount Net Asset Percentage
Equity Securities Long	Monthly	HSBC Bank PLC(b)	02/10/28	$	452,194	$	(65,897	)(c)	$	389,123		0.0	%(d)
						$	(65,897	)	$	389,123

^(a) The Fund receives the total return on a portfolio of long positions underlying the total return swap. The Fund pays the total return on a portfolio of short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions.

^(c) Amount includes $(2,826) of net dividends, payable for referenced securities purchased and financing fees.

^(d) Rounds to less than 0.1%

The following are the specified benchmarks (plus or minus a range) used in determining the variable rate of interest:  

	(b)
Range:	40 basis points

Benchmarks: USD - 1D Overnight Bank Funding Rate (OBFR01)

3

Schedule of Investments (unaudited) (continued)	iShares® Global Clean Energy ETF
January 31, 2024

The following table represents the individual long positions and related values of equity securities underlying the total return swap with HSBC Bank PLC as of period end, termination date February 10, 2028.

	Shares		Value		% of Basket Value
Reference Entity — Long
Common Stocks
United States
Green Plains Inc.(a)		18,771	$	389,123		100.0	%
Net Value of Reference Entity — HSBC Bank PLC			$	389,123

^(a) Non-income producing security.

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 the 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 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 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
Assets
Investments
Long-Term Investments
Common Stocks	$	1,183,875,291		$	1,253,974,581		$	—	$	2,437,849,872
Preferred Stocks		42,291,242			—			—		42,291,242
Short-Term Securities
Money Market Funds		367,212,549			—			—		367,212,549
	$	1,593,379,082		$	1,253,974,581		$	—	$	2,847,353,663
Derivative Financial Instruments(a)
Assets
Equity Contracts	$	48,327		$	42,815		$	—	$	91,142
Liabilities
Equity Contracts		(30,550	)		(65,897	)		—		(96,447	)
	$	17,777		$	(23,082	)	$	—		(5,305	)

^(a) Derivative financial instruments are swaps and futures contracts. Swaps and futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

4

Schedule of Investments (unaudited) (continued)	iShares® Global Clean Energy ETF
January 31, 2024

Portfolio Abbreviation

NVDR Non-Voting Depositary Receipt

NVS Non-Voting Shares

5