Schedule of Investments (unaudited)	iShares® MSCI Austria ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Aerospace & Defense — 0.9%
FACC AG(a)(b)		63,045	$	718,621
Air Freight & Logistics — 3.2%
Oesterreichische Post AG(b)		50,694		2,622,887
Banks — 25.6%
BAWAG Group AG(c)		64,683		3,568,939
Erste Group Bank AG		339,949		13,924,052
Raiffeisen Bank International AG		152,391		3,613,114
				21,106,105
Chemicals — 3.2%
Lenzing AG(a)		19,566		2,647,643
Commercial Services & Supplies — 1.5%
DO & CO AG(a)(b)		13,510		1,213,211
Construction & Engineering — 0.9%
Porr AG(a)(b)		34,219		700,638
Construction Materials — 4.5%
Wienerberger AG		95,706		3,681,308
Diversified Telecommunication Services — 2.7%
Telekom Austria AG		255,565		2,234,521
Electric Utilities — 10.7%
EVN AG		61,661		1,494,401
Verbund AG		80,581		7,363,336
				8,857,737
Electrical Equipment — 0.9%
Zumtobel Group AG		78,192		781,880
Electronic Equipment, Instruments & Components — 2.0%
AT&S Austria Technologie & Systemtechnik AG		44,054		1,624,288
Energy Equipment & Services — 1.2%
Schoeller-Bleckmann Oilfield Equipment AG(a)		23,086		1,022,842
Food Products — 0.9%
Agrana Beteiligungs AG		32,920		781,208
Insurance — 4.3%
UNIQA Insurance Group AG		201,234		1,819,389
Vienna Insurance Group AG Wiener Versicherung Gruppe		62,318		1,759,253
				3,578,642

Security	Shares		Value
Machinery — 7.4%
ANDRITZ AG		64,599	$	3,705,927
Palfinger AG		27,625		1,280,117
Semperit AG Holding		24,605		1,090,666
				6,076,710
Metals & Mining — 6.8%
voestalpine AG		124,243		5,589,094
Oil, Gas & Consumable Fuels — 12.3%
OMV AG		177,156		10,105,767
Real Estate Management & Development — 9.9%
CA Immobilien Anlagen AG		82,220		3,567,161
IMMOFINANZ AG(a)		123,774		2,764,244
S IMMO AG		70,744		1,871,409
				8,202,814
Total Common Stocks — 98.9%
(Cost: $77,112,813)				81,545,916
Short-Term Investments
Money Market Funds — 4.5%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(d)(e)(f)		3,622,018		3,624,191
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(d)(e)		60,000		60,000
				3,684,191
Total Short-Term Investments — 4.5%
(Cost: $3,683,526)				3,684,191
Total Investments in Securities — 103.4%
(Cost: $80,796,339)				85,230,107
Other Assets, Less Liabilities — (3.4)%				(2,784,358	)
Net Assets — 100.0%			$	82,445,749

^(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 cash collateral received from loaned securities.

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Schedule of Investments (unaudited) (continued)	iShares® MSCI Austria ETF
May 31, 2021

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 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 08/31/20		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 05/31/21		Shares Held at 05/31/21		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	2,925,304	$	700,023	(a)	$	—	$	(1,864	)	$	728	$	3,624,191		3,622,018	$	104,568	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		10,000		50,000	(a)		—		—			—		60,000		60,000		6			—
								$	(1,864	)	$	728	$	3,684,191			$	104,574		$	—

^(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
Euro STOXX 50 Index		18	06/18/21	$	886	$	14,533

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 May 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	$	7,927,645	$	73,618,271	$	—	$	81,545,916
Money Market Funds		3,684,191		—		—		3,684,191
	$	11,611,836	$	73,618,271	$	—	$	85,230,107
Derivative financial instruments(a)
Assets
Futures Contracts	$	14,533	$	—	$	—	$	14,533

^(a) Shown at the unrealized appreciation (depreciation) on the contracts.

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