| Schedule of Investments (unaudited) | iShares® Asia/Pacific Dividend ETF |
| January 31, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Shares | ||||||
| Common Stocks | ||||||||
| Australia — 22.6% | ||||||||
| AusNet Services | 451,016 | $ | 598,653 | |||||
| Bendigo & Adelaide Bank Ltd. | 197,609 | 1,394,863 | ||||||
| Commonwealth Bank of Australia | 14,760 | 945,718 | ||||||
| Fortescue Metals Group Ltd. | 75,072 | 1,255,082 | ||||||
| McMillan Shakespeare Ltd. | 132,908 | 1,293,026 | ||||||
| Perpetual Ltd. | 30,942 | 766,098 | ||||||
| Rio Tinto Ltd. | 9,480 | 802,343 | ||||||
| Woodside Petroleum Ltd. | 39,307 | 737,974 | ||||||
| 7,793,757 | ||||||||
| China — 1.9% | ||||||||
| Gemdale Properties & Investment Corp. Ltd. | 4,560,000 | 646,904 | ||||||
| Hong Kong — 39.7% | ||||||||
| BOC Hong Kong Holdings Ltd. | 240,500 | 719,591 | ||||||
| CK Hutchison Holdings Ltd. | 103,500 | 716,799 | ||||||
| CK Infrastructure Holdings Ltd. | 127,500 | 679,937 | ||||||
| Haitong International Securities Group Ltd. | 3,944,000 | 1,098,685 | ||||||
| Hang Seng Bank Ltd.(a) | 41,400 | 749,101 | ||||||
| Henderson Land Development Co. Ltd. | 180,000 | 735,893 | ||||||
| Hongkong Land Holdings Ltd. | 149,300 | 691,259 | ||||||
| Hysan Development Co. Ltd. | 233,000 | 848,901 | ||||||
| Kerry Properties Ltd. | 294,500 | 765,320 | ||||||
| New World Development Co. Ltd. | 148,250 | 689,259 | ||||||
| PCCW Ltd. | 1,437,000 | 800,614 | ||||||
| Power Assets Holdings Ltd. | 122,500 | 652,482 | ||||||
| Shun Tak Holdings Ltd. | 1,770,000 | 518,181 | ||||||
| Sino Land Co. Ltd. | 522,000 | 727,071 | ||||||
| Sun Hung Kai Properties Ltd. | 46,000 | 628,849 | ||||||
| Swire Pacific Ltd., Class A | 134,500 | 842,159 | ||||||
| Swire Properties Ltd. | 216,600 | 629,923 | ||||||
| VTech Holdings Ltd. | 145,900 | 1,168,502 | ||||||
| 13,662,526 | ||||||||
| Japan — 19.2% | ||||||||
| Idemitsu Kosan Co. Ltd. | 32,300 | 757,096 | ||||||
| Mitsubishi Corp. | 25,100 | 634,722 | ||||||
| Mitsubishi UFJ Financial Group Inc. | 140,700 | 630,694 | ||||||
| Mizuho Financial Group Inc. | 45,770 | 602,645 | ||||||
| ORIX Corp. | 40,100 | 641,554 | ||||||
| Resona Holdings Inc. | 158,900 | 550,941 | ||||||
| Sojitz Corp. | 304,700 | 704,307 | ||||||
| Sumitomo Chemical Co. Ltd. | 167,700 | 789,685 | ||||||
| Security | Shares | Shares | ||||||
| Japan (continued) | ||||||||
| Sumitomo Corp. | 47,500 | $ | 629,280 | |||||
| Sumitomo Mitsui Financial Group Inc. | 21,400 | 663,289 | ||||||
| 6,604,213 | ||||||||
| New Zealand — 2.3% | ||||||||
| Spark New Zealand Ltd. | 226,833 | 784,697 | ||||||
| Singapore — 14.1% | ||||||||
| BOC Aviation Ltd.(a)(b) | 103,100 | 842,341 | ||||||
| DBS Group Holdings Ltd. | 42,500 | 806,382 | ||||||
| Jardine Cycle & Carriage Ltd. | 37,700 | 612,472 | ||||||
| Oversea-Chinese Banking Corp. Ltd. | 96,600 | 751,196 | ||||||
| Singapore Telecommunications Ltd. | 281,800 | 501,129 | ||||||
| StarHub Ltd. | 726,582 | 700,795 | ||||||
| United Overseas Bank Ltd. | 37,000 | 651,843 | ||||||
| 4,866,158 | ||||||||
| Total Common Stocks — 99.8% | ||||||||
| (Cost: $34,426,572) | 34,358,255 | |||||||
| Short-Term Investments | ||||||||
| Money Market Funds — 2.4% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 0.14%(c)(d)(e) | 809,131 | 809,617 | ||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(c)(d) | 10,000 | 10,000 | ||||||
| 819,617 | ||||||||
| Total Short-Term Investments — 2.4% | ||||||||
| (Cost: $819,617) | 819,617 | |||||||
| Total Investments in Securities — 102.2% | ||||||||
| (Cost: $35,246,189) | 35,177,872 | |||||||
| Other Assets, Less Liabilities — (2.2)% | (764,526 | ) | ||||||
| Net Assets — 100.0% | $ | 34,413,346 | ||||||
| (a) | All or a portion of this security is on loan. |
| (b) | 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. |
| (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 cash collateral received from loaned securities. |
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| Schedule of Investments (unaudited) (continued) | iShares® Asia/Pacific Dividend ETF |
| January 31, 2021 |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 04/30/20 |
Purchases at Cost |
Proceeds from Sales |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 01/31/21 |
Shares Held at 01/31/21 |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 500,138 | $ | 309,989 | (a) | $ | — | $ | (383 | ) | $ | (127 | ) | $ | 809,617 | $ | 809,131 | $ | 15,697 | (b) | $ | — | ||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares | 10,000 | 0 | (a) | — | — | — | 10,000 | 10,000 | 24 | — | ||||||||||||||||||||||||||
| $ | (383 | ) | $ | (127 | ) | $ | 819,617 | $ | 15,721 | $ | — | |||||||||||||||||||||||||
| (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. |
Futures Contracts
| Description | Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||
| Long Contracts | ||||||||||||||
| MSCI Singapore Index | 1 | 02/25/21 | $ | 25 | $ | (508 | ) | |||||||
| TOPIX Index | 1 | 03/11/21 | 17 | 447 | ||||||||||
| $ | (61 | ) | ||||||||||||
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.
The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2021. The breakdown of the Fund's investments into major categories is disclosed in the Schedule of Investments above.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Investments | ||||||||||||||||
| Assets | ||||||||||||||||
| Common Stocks. | $ | 34,358,255 | $ | — | $ | — | $ | 34,358,255 | ||||||||
| Money Market Funds | 819,617 | — | — | 819,617 | ||||||||||||
| $ | 35,177,872 | $ | — | $ | — | $ | 35,177,872 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Assets | ||||||||||||||||
| Futures Contracts | $ | 447 | $ | — | $ | — | $ | 447 | ||||||||
| Liabilities | ||||||||||||||||
| Futures Contracts | (508 | ) | — | — | (508 | ) | ||||||||||
| $ | (61 | ) | $ | — | $ | — | $ | (61 | ) | |||||||
| (a) | Shown at the unrealized appreciation (depreciation) on the contracts. |
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