NPORT-EX 2 NPORT_2Q27_5403557652.htm

 

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

  

Security  Shares   Value 
         
Common Stocks          
           
Argentina — 0.1%          
Arcos Dorados Holdings Inc., Class A   1,080,300   $6,989,541 
Banco Macro SA, ADR(a)   396,655    6,501,175 
Despegar.com Corp.(a)   537,451    7,857,533 
Globant SA(a)   330,902    72,093,619 
Grupo Financiero Galicia SA, ADR   967,133    8,588,141 
Pampa Energia SA, ADR(a)(b)   444,513    6,796,604 
Transportadora de Gas del Sur SA, Class B, ADR(a)   694,475    3,201,530 
YPF SA, ADR(a)   1,601,503    7,527,064 
         119,555,207 
Brazil — 4.0%          
Adecoagro SA(a)(b)   846,629    8,999,666 
AES Brasil Energia SA   1,652,707    4,430,093 
Aliansce Sonae Shopping Centers SA   1,512,069    8,703,891 
Alupar Investimento SA   1,666,978    8,767,171 
Ambev SA   40,277,127    138,721,421 
Anima Holding SA(a)   2,733,752    6,609,221 
Arezzo Industria e Comercio SA   555,435    9,445,709 
Atacadao SA   3,337,237    14,343,517 
B2W Cia. Digital(a)   1,932,427    22,154,482 
B3 SA - Brasil, Bolsa, Balcao   52,823,533    177,777,840 
Banco Bradesco SA   12,605,891    55,293,025 
Banco BTG Pactual SA   2,292,233    54,670,177 
Banco do Brasil SA   6,977,261    44,835,365 
Banco Inter SA   2,625,147    34,418,001 
Banco Santander Brasil SA   3,374,498    26,689,335 
BB Seguridade Participacoes SA   5,392,869    24,213,430 
BK Brasil Operacao e Assessoria a Restaurantes SA(a)   2,356,840    4,816,153 
BR Malls Participacoes SA(a)   6,695,600    14,363,223 
BR Properties SA   2,634,013    4,851,877 
BRF SA(a)   4,896,140    24,200,274 
Camil Alimentos SA   1,464,455    2,823,987 
CCR SA   10,292,135    27,212,929 
Centrais Eletricas Brasileiras SA   2,786,019    23,435,553 
Cia Brasileira de Distribuicao   1,474,323    11,154,241 
Cia. de Locacao das Americas   3,005,017    15,573,711 
Cia. de Saneamento Basico do Estado de  Sao Paulo   2,853,310    21,422,956 
Cia. de Saneamento de Minas Gerais-COPASA   1,883,215    6,341,582 
Cia. de Saneamento do Parana   1,698,752    6,567,886 
Cia. Hering   1,477,244    9,325,427 
Cia. Siderurgica Nacional SA   6,107,404    52,640,134 
Cielo SA   12,215,326    9,867,514 
Cogna Educacao(a)   16,260,723    13,166,577 
Construtora Tenda SA   931,099    4,298,452 
Cosan SA   8,256,462    37,023,144 
CPFL Energia SA   1,522,050    8,384,607 
CVC Brasil Operadora e Agencia de Viagens SA(a)   1,936,790    9,249,708 
Cyrela Brazil Realty SA Empreendimentos e Participacoes   2,614,195    11,988,269 
Duratex SA   3,021,399    11,930,923 
EcoRodovias Infraestrutura e Logistica SA(a)   2,324,730    5,571,287 
EDP - Energias do Brasil SA   3,015,494    10,790,906 
Embraer SA(a)   6,790,184    22,513,648 
Enauta Participacoes SA   1,204,016    3,557,735 
Energisa SA   1,497,200    13,349,748 
Security  Shares   Value 
         
Brazil (continued)          
Eneva SA(a)   6,047,061   $21,418,874 
Engie Brasil Energia SA   1,566,801    11,962,126 
Equatorial Energia SA   7,763,764    36,839,780 
Ez Tec Empreendimentos e Participacoes SA   1,118,657    6,683,995 
Fleury SA   1,929,912    9,801,940 
Grendene SA   3,282,071    6,391,968 
GRUPO DE MODA SOMA SA(a)   2,199,390    6,410,333 
Grupo Mateus SA(a)   2,415,559    3,777,425 
Grupo SBF SA(a)   1,081,214    6,931,205 
Guararapes Confeccoes SA   980,061    3,721,513 
Hapvida Participacoes e Investimentos SA(c)   9,992,163    30,676,096 
Hypera SA   3,116,999    21,770,010 
Iguatemi Empresa de Shopping Centers SA   1,049,710    8,711,161 
Instituto Hermes Pardini SA   617,775    2,509,411 
Iochpe Maxion SA(a)   1,217,854    3,874,363 
IRB Brasil Resseguros S/A   8,336,091    9,501,004 
JBS SA   8,931,604    51,841,246 
JHSF Participacoes SA   3,605,730    5,271,919 
Klabin SA(a)   6,199,209    31,330,883 
Light SA   3,029,956    9,505,494 
Linx SA   1,618,092    11,673,784 
Localiza Rent a Car SA   5,276,488    63,428,818 
Locaweb Servicos de Internet SA(c)   3,781,312    18,980,203 
LOG Commercial Properties e Participacoes SA   715,421    4,070,118 
Lojas Quero Quero S/A   1,958,073    8,235,501 
Lojas Renner SA   7,088,958    63,657,393 
M. Dias Branco SA   983,435    5,526,951 
Magazine Luiza SA   25,434,075    98,384,587 
Marfrig Global Foods SA   3,605,256    12,707,668 
Minerva SA   2,827,775    5,376,988 
Movida Participacoes SA   1,598,932    5,543,815 
MRV Engenharia e Participacoes SA   3,064,745    10,226,206 
Multiplan Empreendimentos Imobiliarios SA   2,382,464    11,730,151 
Natura & Co. Holding SA(a)   7,834,858    77,496,197 
Notre Dame Intermedica Participacoes SA   4,480,637    75,991,232 
Odontoprev SA   2,468,683    6,266,799 
Omega Geracao SA(a)   1,156,962    8,826,450 
Pet Center Comercio e Participacoes SA   1,649,660    7,387,813 
Petro Rio SA(a)   5,372,380    20,338,288 
Petrobras Distribuidora SA   6,608,822    32,716,313 
Petroleo Brasileiro SA   31,750,009    162,353,501 
Qualicorp Consultoria e Corretora de Seguros SA   1,984,928    11,128,729 
Raia Drogasil SA   9,231,977    49,917,899 
Rede D’Or Sao Luiz SA(c)   1,455,997    19,617,420 
Rumo SA(a)   11,111,175    44,067,768 
Santos Brasil Participacoes SA   4,531,067    7,807,238 
Sao Martinho SA   1,741,377    11,500,700 
Sendas Distribuidora SA   1,357,560    23,300,217 
SIMPAR SA   865,622    8,630,144 
SLC Agricola SA   995,242    10,121,040 
Sul America SA   2,598,049    17,288,087 
Suzano SA(a)   6,429,734    74,923,297 
Telefonica Brasil SA   3,913,476    33,189,869 
TIM SA   6,781,716    15,836,192 
TOTVS SA   4,317,900    28,558,438 
Transmissora Alianca de Energia Eletrica SA   1,758,755    13,056,437 
Ultrapar Participacoes SA   6,210,836    23,000,007 
Vale SA   33,421,216    736,052,953 
Via Varejo SA(a)   11,023,251    27,453,959 


 1

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Brazil (continued)          
Vivara Participacoes SA   1,062,602   $6,139,061 
WEG SA   14,447,771    94,669,950 
YDUQS Participacoes SA   2,482,539    15,671,572 
         3,298,275,294 
Chile — 0.4%          
AES Gener SA   34,077,353    4,919,933 
Aguas Andinas SA, Class A   24,687,250    4,712,215 
Banco de Chile   358,461,397    36,959,374 
Banco de Credito e Inversiones SA   426,745    20,380,092 
Banco Santander Chile   520,409,136    28,696,128 
CAP SA   664,171    12,073,336 
Cencosud SA   12,054,467    25,040,680 
Cencosud Shopping SA   3,798,191    7,234,650 
Cia. Cervecerias Unidas SA   1,030,785    9,247,899 
Cia. Sud Americana de Vapores SA   197,594,118    13,903,862 
Colbun SA   66,925,640    9,145,118 
Empresa Nacional de Telecomunicaciones SA   1,540,033    8,066,627 
Empresas CMPC SA   9,183,526    23,703,511 
Empresas COPEC SA   3,313,453    33,431,803 
Enel Americas SA   179,165,234    24,729,501 
Enel Chile SA   222,017,594    13,609,112 
Engie Energia Chile SA   6,454,275    5,211,526 
Falabella SA   6,353,441    28,697,033 
Forus SA   559,926    1,139,173 
Grupo Security SA   9,032,962    1,733,655 
Inversiones Aguas Metropolitanas SA   5,606,320    3,087,539 
Inversiones La Construccion SA   345,086    1,857,558 
Itau CorpBanca Chile SA(a)   1,542,455,702    4,811,525 
Parque Arauco SA(a)   5,563,029    8,070,039 
Ripley Corp. SA   6,847,064    1,932,772 
SMU SA   20,231,123    2,848,274 
SONDA SA   5,385,365    3,177,626 
Vina Concha y Toro SA   4,520,636    8,323,711 
         346,744,272 
China — 34.5%          
21Vianet Group Inc., ADR(a)(b)   857,438    19,138,016 
360 DigiTech Inc., ADR(a)(b)   691,875    19,420,931 
360 Security Technology Inc., Class A(a)   4,143,988    7,983,179 
361 Degrees International Ltd.(a)   9,689,000    4,356,328 
3SBio Inc.(a)(c)   10,799,500    13,073,785 
51job Inc., ADR(a)(b)   248,930    17,843,302 
AAC Technologies Holdings Inc.(b)   6,103,000    37,145,430 
AECC Aviation Power Co. Ltd., Class A   1,391,116    11,826,861 
Agile Group Holdings Ltd.   9,788,500    13,913,070 
Agora Inc., ADR(a)   351,984    15,730,165 
Agricultural Bank of China Ltd., Class A   34,494,547    17,688,814 
Agricultural Bank of China Ltd., Class H   219,387,000    89,018,249 
Aier Eye Hospital Group Co. Ltd., Class A   2,188,577    28,908,856 
Air China Ltd., Class H(a)   17,458,000    14,021,850 
AK Medical Holdings Ltd.(b)(c)   4,658,000    8,372,828 
Akeso Inc.(a)(c)   2,337,000    19,473,446 
Alibaba Group Holding Ltd.(a)   105,175,128    2,861,789,308 
Alibaba Group Holding Ltd., ADR(a)   2,892,347    618,846,564 
Alibaba Health Information Technology Ltd.(a)   34,854,000    86,573,830 
Alibaba Pictures Group Ltd.(a)(b)   110,190,000    14,762,569 
A-Living Smart City Services Co. Ltd.(c)   4,017,000    19,388,415 
Alphamab Oncology(a)(c)   3,324,000    8,636,553 
Aluminum Corp. of China Ltd., Class H(a)   39,164,000    23,061,121 
Anhui Conch Cement Co. Ltd., Class A   2,001,129    15,446,498 
Security  Shares   Value 
         
China (continued)          
Anhui Conch Cement Co. Ltd., Class H   10,112,500   $63,258,107 
Anhui Gujing Distillery Co. Ltd., Class A   221,455    8,530,775 
Anhui Gujing Distillery Co. Ltd., Class B   878,380    12,050,842 
Anhui Kouzi Distillery Co. Ltd., Class A   533,208    5,632,212 
ANTA Sports Products Ltd.   9,259,000    189,173,519 
Aoyuan Healthy Life Group Co. Ltd.(b)   5,717,000    4,288,672 
Ascentage Pharma Group International(a)(c)   1,192,800    7,328,402 
Ascletis Pharma Inc.(a)(b)(c)   4,435,000    2,174,206 
Asia Cement China Holdings Corp.   4,888,000    4,637,159 
Asymchem Laboratories Tianjin Co. Ltd., Class A   180,800    10,618,946 
Autobio Diagnostics Co. Ltd., Class A   246,607    3,441,425 
Autohome Inc., ADR   556,482    42,888,068 
Avic Capital Co. Ltd., Class A   8,346,191    5,224,041 
AVIC Jonhon Optronic Technology Co. Ltd., Class A   779,461    9,455,775 
AVIC Shenyang Aircraft Co. Ltd., Class A   661,967    8,099,860 
AVIC Xi’an Aircraft Industry Group Co. Ltd., Class A   1,777,327    7,800,915 
AviChina Industry & Technology Co. Ltd., Class H   21,993,000    15,268,748 
Baidu Inc., ADR(a)   2,286,956    448,860,854 
Bank of Beijing Co. Ltd., Class A   15,768,406    12,175,180 
Bank of Chengdu Co. Ltd., Class A   3,390,908    7,191,319 
Bank of China Ltd., Class A   16,886,500    8,843,873 
Bank of China Ltd., Class H   662,414,000    248,440,031 
Bank of Communications Co. Ltd., Class A   18,727,380    14,432,781 
Bank of Communications Co. Ltd., Class H   70,553,000    47,554,389 
Bank of Hangzhou Co. Ltd., Class A   4,146,740    10,772,660 
Bank of Jiangsu Co. Ltd., Class A   11,247,708    13,512,811 
Bank of Nanjing Co. Ltd., Class A   7,153,422    11,803,938 
Bank of Ningbo Co. Ltd., Class A   3,337,576    22,202,792 
Bank of Shanghai Co. Ltd., Class A   7,339,635    9,822,869 
Baoshan Iron & Steel Co. Ltd., Class A   11,947,173    14,849,569 
Baozun Inc., ADR(a)(b)   517,629    17,956,550 
BBMG Corp., Class A   17,441,936    7,574,408 
BC Technology Group Ltd.(a)   1,365,500    3,366,995 
BeiGene Ltd., ADR(a)(b)   395,034    141,623,639 
Beijing Capital International Airport Co. Ltd., Class H   15,696,000    10,599,258 
Beijing Capital Land Ltd., Class H(a)   13,180,000    1,832,669 
Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H(a)   919,750    3,317,796 
Beijing Energy International Holding Co. Ltd.(a)57,868,852    2,050,527 
Beijing Enlight Media Co. Ltd., Class A   2,167,194    4,313,452 
Beijing Enterprises Holdings Ltd.   3,652,500    12,654,752 
Beijing Enterprises Urban Resources Group Ltd.(a)(b)   23,192,000    3,670,638 
Beijing Enterprises Water Group Ltd.(b)   39,780,000    16,194,928 
Beijing Gas Blue Sky Holdings Ltd.(a)(d)   92,816,000    1,387,295 
Beijing New Building Materials PLC, Class A   1,122,219    8,130,977 
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A   1,419,061    13,999,368 
Beijing Shiji Information Technology Co. Ltd., Class A   749,985    4,343,136 
Beijing Shunxin Agriculture Co. Ltd., Class A   588,000    4,642,530 
Beijing Sinnet Technology Co. Ltd., Class A   1,603,787    3,879,096 
Beijing Tiantan Biological Products Corp. Ltd., Class A   897,797    4,819,598 


 2

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(b)   2,723,000   $4,830,648 
Beijing-Shanghai High Speed Railway Co. Ltd., Class A   20,609,600    18,748,794 
BEST Inc., ADR(a)(b)   1,929,715    2,740,195 
Betta Pharmaceuticals Co. Ltd., Class A   282,594    5,027,639 
BGI Genomics Co. Ltd., Class A   337,600    6,839,804 
Bilibili Inc., ADR(a)(b)   1,387,198    148,679,882 
Bit Digital Inc.(a)   336,199    2,840,882 
BOC Aviation Ltd.(b)(c)   1,766,200    15,717,663 
BOE Technology Group Co. Ltd., Class A   18,314,600    18,218,115 
Bosideng International Holdings Ltd.(b)   28,268,000    15,651,065 
Brilliance China Automotive Holdings Ltd.(d)   25,946,000    24,405,133 
Burning Rock Biotech Ltd., ADR(a)   369,485    10,001,959 
BYD Co. Ltd., Class A   916,686    25,775,749 
BYD Co. Ltd., Class H   6,696,000    155,889,548 
BYD Electronic International Co. Ltd.(b)   5,829,500    38,339,903 
By-Health Co. Ltd., Class A   966,800    5,545,263 
C&D International Investment Group Ltd.(a)   4,681,000    8,538,961 
Caitong Securities Co. Ltd., Class A   4,152,831    7,362,350 
Canaan Inc., ADR(a)   789,984    6,635,866 
CanSino Biologics Inc., Class H(a)(b)(c)   684,400    30,284,019 
Canvest Environmental Protection Group Co. Ltd.   10,449,000    5,479,703 
Central China Management Co. Ltd.(a)   5,450,000    1,853,909 
Central China Real Estate Ltd.   9,756,000    2,677,561 
CGN New Energy Holdings Co. Ltd.(a)(b)   12,366,000    3,837,431 
CGN Power Co. Ltd., Class H(c)   77,425,000    17,058,401 
Changchun High & New Technology Industry Group Inc., Class A   220,542    14,249,483 
Changjiang Securities Co. Ltd., Class A   6,269,296    7,666,468 
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A   239,336    7,250,302 
Chaowei Power Holdings Ltd.   6,380,000    2,277,905 
Chaozhou Three-Circle Group Co. Ltd., Class A   1,351,646    7,912,236 
China Aircraft Leasing Group Holdings Ltd.   4,888,000    3,886,157 
China Animal Healthcare Ltd.(a)(b)(d)   1,237,000    2 
China Aoyuan Group Ltd.   10,509,000    12,324,535 
China BlueChemical Ltd., Class H   18,724,000    5,885,967 
China Bohai Bank Co. Ltd., Class H(c)   22,496,000    9,594,475 
China Cinda Asset Management Co. Ltd., Class H   71,537,000    15,297,861 
China CITIC Bank Corp. Ltd., Class H.   72,765,000    39,773,303 
China Communications Services Corp. Ltd., Class H   21,416,000    9,023,487 
China Conch Venture Holdings Ltd.   14,104,000    64,943,996 
China Construction Bank Corp., Class A   4,717,868    5,141,187 
China Construction Bank Corp., Class H   816,356,000    670,515,556 
China CSSC Holdings Ltd., Class A(a)   2,269,100    6,133,565 
China Datang Corp. Renewable Power Co. Ltd., Class H   24,295,000    5,415,861 
China Dongxiang Group Co. Ltd.(b)   39,428,000    4,927,603 
China East Education Holdings Ltd.(c)   4,984,500    10,872,115 
China Education Group Holdings Ltd.(b)   6,620,000    17,106,785 
China Everbright Bank Co. Ltd., Class A   20,158,682    12,145,296 
China Everbright Bank Co. Ltd., Class H   23,357,000    9,905,091 
China Everbright Environment Group Ltd.   31,692,148    19,064,283 
China Everbright Greentech Ltd.(b)(c)   12,788,000    4,959,158 
China Everbright Ltd.   7,920,000    10,022,825 
China Everbright Water Ltd.(b)   9,799,300    1,922,804 
Security  Shares   Value 
         
China (continued)          
China Evergrande Group(b)   16,542,000   $24,797,965 
China Feihe Ltd.(c)   30,286,000    84,854,922 
China Fiber Optic Network System Group Ltd.(a)(d)   10,394,800    13 
China Foods Ltd.   10,088,000    4,120,798 
China Fortune Land Development Co. Ltd., Class A   2,758,934    2,354,489 
China Galaxy Securities Co. Ltd., Class H   35,470,500    22,254,403 
China Gas Holdings Ltd.   26,052,200    97,237,550 
China Gezhouba Group Co. Ltd., Class A   5,369,204    5,970,522 
China Grand Pharmaceutical and Healthcare  Holdings Ltd., Class A(b)   11,716,000    12,212,816 
China Greatwall Technology Group Co. Ltd., Class A   1,900,100    4,572,290 
China Harmony Auto Holding Ltd.   7,408,500    3,369,713 
China High Speed Transmission Equipment Group Co. Ltd.(a)(b)   5,101,000    3,365,383 
China Hongqiao Group Ltd.   18,365,000    29,575,497 
China Huarong Asset Management Co. Ltd., Class H(c)(d)   83,902,000    11,027,077 
China Huishan Dairy Holdings Co. Ltd.(a)(d)   16,599,187    21 
China Huiyuan Juice Group Ltd.(a)(d)   10,877,000    14 
China International Capital Corp. Ltd., Class H(c)   12,829,200    37,874,698 
China Jinmao Holdings Group Ltd.   46,132,000    17,830,150 
China Jushi Co. Ltd., Class A   2,656,618    6,818,743 
China Kepei Education Group Ltd.(b)   8,194,000    6,254,389 
China Lesso Group Holdings Ltd.   9,617,000    25,321,419 
China Life Insurance Co. Ltd., Class A   1,586,821    9,094,408 
China Life Insurance Co. Ltd., Class H   60,782,000    128,308,782 
China Lilang Ltd.   5,342,000    3,359,066 
China Literature Ltd.(a)(b)(c)   3,310,600    34,744,420 
China Logistics Property Holdings Co. Ltd.(a)(b)(c)   13,916,000    7,548,090 
China Longyuan Power Group Corp. Ltd., Class H   27,769,000    39,264,791 
China Lumena New Materials Corp.(a)(b)(d)   64,600    209,093 
China Machinery Engineering Corp., Class H   8,769,000    3,922,248 
China Maple Leaf Educational Systems Ltd.(a)(b)   18,600,000    4,030,256 
China Medical System Holdings Ltd.   11,633,000    29,847,948 
China Meidong Auto Holdings Ltd.   5,058,000    26,674,170 
China Mengniu Dairy Co. Ltd.   26,803,000    162,620,307 
China Merchants Bank Co. Ltd., Class A   10,402,916    95,268,619 
China Merchants Bank Co. Ltd., Class H   33,217,464    307,543,104 
China Merchants Energy Shipping Co. Ltd., Class A   4,866,388    4,068,048 
China Merchants Land Ltd.   25,542,000    3,652,171 
China Merchants Port Holdings Co. Ltd.   11,514,270    18,722,532 
China Merchants Securities Co. Ltd., Class A   3,841,981    12,453,630 
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A   4,891,466    8,921,628 
China Metal Recycling Holdings Ltd.(a)(d)   62,400    0(e)
China Minsheng Banking Corp. Ltd., Class A   16,818,617    12,486,116 
China Minsheng Banking Corp. Ltd., Class H   46,602,720    24,975,681 
China Modern Dairy Holdings Ltd.(a)(b)   27,055,000    6,763,297 
China Molybdenum Co. Ltd., Class A   11,011,171    10,080,631 
China Molybdenum Co. Ltd., Class H   26,367,000    18,175,991 
China National Building Material Co. Ltd., Class H   32,642,850    43,648,566 


 3

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
China National Chemical Engineering Co. Ltd., Class A   6,098,622   $6,052,580 
China National Nuclear Power Co. Ltd., Class A   11,889,109    9,738,137 
China National Software & Service Co. Ltd., Class A   294,999    2,673,546 
China New Higher Education Group Ltd.(c)   9,039,000    6,875,480 
China Northern Rare Earth Group High-Tech Co. Ltd., Class A(a)   2,566,400    8,873,868 
China Oilfield Services Ltd., Class H   14,716,000    13,836,920 
China Oriental Group Co. Ltd.   13,486,000    4,386,753 
China Overseas Grand Oceans Group Ltd.   15,248,500    9,660,121 
China Overseas Land & Investment Ltd.   31,289,500    74,880,818 
China Overseas Property Holdings Ltd.   11,920,000    12,766,942 
China Pacific Insurance Group Co. Ltd., Class A   3,172,042    17,184,865 
China Pacific Insurance Group Co. Ltd., Class H   22,671,400    85,299,056 
China Petroleum & Chemical Corp., Class A   12,729,650    8,850,312 
China Petroleum & Chemical Corp., Class H   204,084,200    108,387,936 
China Power International Development Ltd.   46,867,000    11,777,972 
China Railway Group Ltd., Class A   10,050,966    8,523,134 
China Railway Group Ltd., Class H   29,178,000    15,402,445 
China Renaissance Holdings Ltd.(c)   1,230,200    3,483,649 
China Renewable Energy Investment Ltd.(a)(d)   8,046    0(e)
China Resources Beer Holdings Co. Ltd.   12,528,000    112,516,092 
China Resources Cement Holdings Ltd.   19,908,000    21,137,602 
China Resources Gas Group Ltd.   7,760,000    48,466,860 
China Resources Land Ltd.   27,137,777    127,174,035 
China Resources Medical Holdings Co. Ltd.   9,189,500    9,792,724 
China Resources Mixc Lifestyle  Services Ltd.(a)(c)   1,944,000    11,685,550 
China Resources Pharmaceutical Group Ltd.(c)   14,104,500    10,117,702 
China Resources Power Holdings Co. Ltd.   15,776,000    20,326,462 
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A   1,097,827    4,498,516 
China SCE Group Holdings Ltd.   19,032,200    8,652,849 
China Shenhua Energy Co. Ltd., Class A   3,433,529    10,795,617 
China Shenhua Energy Co. Ltd., Class H   28,437,000    64,403,673 
China Shineway Pharmaceutical Group Ltd.(b)   3,852,000    4,191,720 
China Shipbuilding Industry Co. Ltd., Class A(a)   15,996,318    10,463,373 
China South City Holdings Ltd.   45,420,000    5,032,532 
China Southern Airlines Co. Ltd., Class A(a)   6,422,184    6,436,383 
China Southern Airlines Co. Ltd., Class H(a)(b)   12,794,000    8,670,974 
China State Construction Engineering Corp. Ltd., Class A   21,366,719    16,433,830 
China State Construction International Holdings Ltd.   16,992,000    12,060,926 
China Taiping Insurance Holdings Co. Ltd.   13,556,708    25,001,662 
China Tian Lun Gas Holdings Ltd.(b)   3,648,500    3,866,728 
China Tobacco International HK Co. Ltd.(b)   2,838,000    6,444,834 
China Tourism Group Duty Free Corp. Ltd., Class A   1,012,179    53,360,288 
China Tower Corp. Ltd., Class H(c)   340,356,000    46,501,272 
China Traditional Chinese Medicine Holdings Co. Ltd.   23,298,000    15,036,914 
China Travel International Investment Hong Kong Ltd.(a)   30,830,000    5,045,900 
China Vanke Co. Ltd., Class A   4,579,793    19,230,885 
China Vanke Co. Ltd., Class H.   14,139,287    48,930,734 
China Vast Industrial Urban Development Co. Ltd.(b)(c)   3,524,000    1,384,460 
Security  Shares   Value 
         
China (continued)          
China Water Affairs Group Ltd.(b)   9,232,000   $7,101,630 
China Yangtze Power Co. Ltd., Class A   10,791,730    33,700,004 
China Youzan Ltd.(a)   121,844,000    26,509,458 
China Yuchai International Ltd.   128,233    2,049,163 
China Yuhua Education Corp. Ltd.(b)(c)   11,448,000    11,406,667 
China ZhengTong Auto Services Holdings Ltd.(a)   4,050,500    313,555 
China Zheshang Bank Co. Ltd., Class A   18,552,500    11,727,032 
China Zhongwang Holdings Ltd.(a)   15,462,400    3,880,895 
Chinasoft International Ltd.   20,000,000    25,726,887 
Chindata Group Holdings Ltd., ADR(a)   494,378    8,008,924 
Chongqing Brewery Co. Ltd., Class A(a)   338,300    9,202,873 
Chongqing Changan Automobile Co. Ltd., Class A(a)   2,423,983    9,055,513 
Chongqing Rural Commercial Bank Co. Ltd., Class H   20,321,000    9,183,472 
Chongqing Zhifei Biological Products Co. Ltd., Class A   834,776    25,658,912 
CIFI Holdings Group Co. Ltd.   27,754,000    24,257,094 
CIMC Enric Holdings Ltd.(b)   8,464,000    7,926,510 
CITIC Ltd.   48,118,000    55,636,396 
CITIC Resources Holdings Ltd.(a)   4,128,000    170,197 
CITIC Securities Co. Ltd., Class A   5,931,245    24,368,309 
CITIC Securities Co. Ltd., Class H   18,447,000    51,007,211 
CMGE Technology Group Ltd.   10,778,000    4,707,508 
COFCO Joycome Foods Ltd.   21,406,000    9,430,881 
Colour Life Services Group Co. Ltd.(b)   4,344,000    1,913,863 
Concord New Energy Group Ltd.   87,080,000    5,828,152 
Consun Pharmaceutical Group Ltd.   5,666,000    4,197,260 
Contemporary Amperex Technology Co. Ltd., Class A   1,216,147    83,037,867 
COSCO SHIPPING Holdings Co. Ltd., Class A(a)   5,124,605    17,273,178 
COSCO SHIPPING Holdings Co. Ltd., Class H(a)(b)   22,030,500    46,362,389 
COSCO SHIPPING International Hong Kong  Co. Ltd.   11,660,000    4,042,660 
COSCO SHIPPING Ports Ltd.   15,688,000    12,735,780 
Country Garden Holdings Co. Ltd.   64,378,733    81,577,699 
Country Garden Services Holdings Co. Ltd.(b)   12,701,000    131,825,296 
CPMC Holdings Ltd.   7,437,000    4,436,510 
CSC Financial Co. Ltd., Class A   1,813,292    9,707,765 
CSPC Pharmaceutical Group Ltd.   76,213,760    119,722,616 
CStone Pharmaceuticals(a)(c)   5,769,000    9,962,640 
CT Environmental Group Ltd.(a)(b)(d)   33,362,000    1,461,568 
Dada Nexus Ltd., ADR(a)   389,712    9,793,463 
Dali Foods Group Co. Ltd.(c)   17,922,500    11,223,357 
Daqin Railway Co. Ltd., Class A   11,852,062    12,766,962 
Daqo New Energy Corp., ADR(a)(b)   450,665    33,520,463 
DaShenLin Pharmaceutical Group Co. Ltd., Class A   544,862    6,431,024 
DHC Software Co. Ltd., Class A   3,264,398    3,855,289 
Differ Group Holding Co. Ltd.(a)   17,424,000    4,313,783 
Digital China Holdings Ltd.   8,870,000    6,014,814 
Dongfeng Motor Group Co. Ltd., Class H   22,986,000    21,517,362 
Dongxing Securities Co. Ltd., Class A   3,181,067    5,708,160 
Dongyue Group Ltd.(b)   12,578,000    10,117,575 
DouYu International Holdings Ltd., ADR(a)   1,032,176    8,154,190 
East Money Information Co. Ltd., Class A   5,547,813    27,802,606 
Ecovacs Robotics Co. Ltd., Class A(a)   266,500    7,648,300 
EHang Holdings Ltd., ADR(a)   212,945    5,751,644 


 4

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
E-House China Enterprise Holdings Ltd.   3,597,300   $3,574,847 
ENN Energy Holdings Ltd.   6,774,000    124,616,976 
Eve Energy Co. Ltd., Class A   1,005,031    17,582,873 
Ever Sunshine Lifestyle Services Group Ltd.   6,370,000    17,796,914 
Everbright Securities Co. Ltd., Class A   2,346,986    6,200,036 
Excellence Commercial Property & Facilities Management Group Ltd.(a)   3,198,000    4,065,164 
Fangda Carbon New Material Co. Ltd., Class A(a)   4,609,184    6,257,129 
Fanhua Inc., ADR   432,645    5,749,852 
Fantasia Holdings Group Co. Ltd.(b)   22,900,500    3,037,874 
Far East Horizon Ltd.(b)   15,846,000    17,325,036 
Fiberhome Telecommunication Technologies Co. Ltd., Class A   1,043,598    2,970,302 
FinVolution Group, ADR   641,957    4,827,517 
First Capital Securities Co. Ltd., Class A   3,371,800    3,789,406 
Flat Glass Group Co. Ltd., Class H.   3,688,000    11,378,383 
Focus Media Information Technology Co. Ltd., Class A   7,984,499    12,873,770 
Foshan Haitian Flavouring & Food Co. Ltd., Class A   1,816,763    39,258,961 
Fosun International Ltd.   21,869,000    35,465,556 
Founder Securities Co. Ltd., Class A(a)   6,948,987    11,098,629 
Foxconn Industrial Internet Co. Ltd., Class A   4,308,661    8,420,020 
Fu Jian Anjoy Foods Co. Ltd., Class A   174,100    6,763,079 
Fu Shou Yuan International Group Ltd.   9,359,000    9,979,600 
Fufeng Group Ltd.   15,971,400    5,369,046 
Fuyao Glass Industry Group Co. Ltd., Class A   1,238,300    10,204,351 
Fuyao Glass Industry Group Co. Ltd., Class H(c)   4,533,600    30,101,113 
Ganfeng Lithium Co. Ltd., Class A   681,184    13,893,711 
Ganfeng Lithium Co. Ltd., Class H(c)   1,247,400    18,774,955 
GCL-Poly Energy Holdings Ltd.(a)(b)   160,925,000    41,055,999 
GDS Holdings Ltd., ADR(a)(b)   779,793    58,656,029 
Geely Automobile Holdings Ltd.   50,057,000    127,270,153 
Gemdale Corp., Class A   3,092,696    5,223,227 
Gemdale Properties & Investment Corp. Ltd.   62,876,000    9,238,200 
Genertec Universal Medical Group Co. Ltd.(c)   11,170,000    10,204,509 
Genscript Biotech Corp.(a)(b)   9,512,000    37,320,540 
GF Securities Co. Ltd., Class A   2,827,230    7,117,462 
GF Securities Co. Ltd., Class H   10,028,000    14,338,912 
Gigadevice Semiconductor Beijing Inc., Class A   441,135    9,404,497 
Glory Sun Financial Group Ltd.(a)   145,236,000    4,418,031 
GoerTek Inc., Class A   1,869,662    11,458,426 
GOME Retail Holdings Ltd.(a)(b)   101,659,000    16,229,811 
Gotion High-tech Co. Ltd., Class A(a)   897,500    5,069,729 
Grand Baoxin Auto Group Ltd.(a)   166,000    13,920 
Great Wall Motor Co. Ltd., Class A   1,334,200    7,770,758 
Great Wall Motor Co. Ltd., Class H(b)   26,179,500    73,137,941 
Greenland Holdings Corp. Ltd., Class A   5,720,632    5,237,921 
Greenland Hong Kong Holdings Ltd.   9,314,000    3,190,808 
Greentown China Holdings Ltd.(b)   8,391,000    9,577,344 
Greentown Management Holdings Co. Ltd.(a)(c)   4,629,000    3,266,959 
Greentown Service Group Co. Ltd.(b)   12,520,000    19,903,528 
GSX Techedu Inc., ADR(a)(b)   1,007,323    18,675,768 
Guangdong Haid Group Co. Ltd., Class A   947,120    11,789,517 
Guangdong Investment Ltd.   24,610,000    36,167,060 
Guangdong Kinlong Hardware Products Co. Ltd., Class A   253,300    7,192,870 
Guangzhou Automobile Group Co. Ltd., Class H   24,651,200    20,970,532 
Security  Shares   Value 
         
China (continued)          
Guangzhou Baiyun International Airport Co. Ltd., Class A   2,197,123   $4,007,567 
Guangzhou Baiyunshan Pharmaceutical  Holdings Co. Ltd., Class A   1,401,088    7,110,653 
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A   321,900    7,680,026 
Guangzhou R&F Properties Co. Ltd., Class H   11,738,400    15,907,160 
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A   466,200    9,603,154 
Guangzhou Tinci Materials Technology Co. Ltd., Class A   719,798    10,591,621 
Guorui Properties Ltd.   1,992,000    79,571 
Guosen Securities Co. Ltd., Class A   4,789,867    8,441,840 
Guotai Junan Securities Co. Ltd., Class A   3,490,225    9,827,662 
Guoyuan Securities Co. Ltd., Class A   4,067,881    5,168,602 
Haidilao International Holding Ltd.(b)(c)   8,645,000    49,819,385 
Haier Smart Home Co. Ltd., Class A   3,368,637    15,968,647 
Haier Smart Home Co. Ltd., Class H(a)   16,639,200    70,046,952 
Hainan Meilan International Airport Co. Ltd., Class H(a)   1,618,000    7,451,108 
Haitian International Holdings Ltd.   5,376,000    18,791,028 
Haitong Securities Co. Ltd., Class A   4,390,456    8,083,120 
Haitong Securities Co. Ltd., Class H   22,252,000    21,240,208 
Hangzhou First Applied Material Co. Ltd., Class A   664,000    8,526,083 
Hangzhou Robam Appliances Co. Ltd., Class A   781,209    5,417,928 
Hangzhou Steam Turbine Co. Ltd., Class B   3,742,463    5,919,556 
Hangzhou Tigermed Consulting Co. Ltd., Class A   239,074    6,593,269 
Hangzhou Tigermed Consulting Co. Ltd., Class H(c)   1,035,400    21,492,158 
Hansoh Pharmaceutical Group Co. Ltd.(a)(c)   10,082,000    43,953,763 
Harbin Electric Co. Ltd., Class H(a)   6,086,000    1,709,308 
Hebei Construction Group Corp. Ltd., Class H(b)   3,969,500    1,416,783 
Hefei Meiya Optoelectronic Technology Inc., Class A   591,060    4,657,703 
Henan Shuanghui Investment & Development  Co. Ltd., Class A   1,754,147    9,724,247 
Hengan International Group Co. Ltd.(b)   5,271,000    35,334,665 
Hengli Petrochemical Co. Ltd., Class A   3,121,830    13,386,047 
HengTen Networks Group Ltd.(a)(b)   23,351,200    22,890,344 
Hengtong Optic-Electric Co. Ltd., Class A   2,637,500    4,915,147 
Hengyi Petrochemical Co. Ltd., Class A   2,821,561    5,545,826 
Hi Sun Technology China Ltd.(a)(b)   24,882,000    4,677,677 
Hithink RoyalFlush Information Network Co. Ltd., Class A   361,702    6,799,166 
Hope Education Group Co. Ltd.(b)(c)   28,876,000    8,482,539 
Hopson Development Holdings Ltd.(b)   5,696,900    28,028,849 
Hua Han Health Industry Holdings Ltd.(a)(b)(d)   22,424,288    29 
Hua Hong Semiconductor Ltd.(a)(c)   4,499,000    24,119,621 
Hua Medicine(a)(c)   4,450,500    2,834,773 
Huabao International Holdings Ltd.(b)   8,518,000    13,761,389 
Huadong Medicine Co. Ltd., Class A   1,292,851    10,762,107 
Huafon Chemical Co. Ltd., Class A   2,764,200    5,383,908 
Hualan Biological Engineering Inc., Class A   1,106,120    7,030,699 
Huaneng Power International Inc., Class H   32,074,000    11,495,609 
Huatai Securities Co. Ltd., Class A   3,782,751    10,221,027 
Huatai Securities Co. Ltd., Class H(c)   11,998,000    18,592,689 
Huaxia Bank Co. Ltd., Class A   11,650,818    11,780,565 
Huaxin Cement Co. Ltd., Class A   1,309,969    4,493,237 


 5

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Huayu Automotive Systems Co. Ltd., Class A   1,894,510   $7,300,771 
Huazhu Group Ltd., ADR(a)   1,474,218    84,281,043 
Hubei Biocause Pharmaceutical Co. Ltd., Class A6,181,271    3,850,751 
Humanwell Healthcare Group Co. Ltd., Class A   848,300    3,773,188 
Hundsun Technologies Inc., Class A   787,948    11,657,164 
Hutchmed China Ltd., ADR(a)(b)   629,508    18,727,863 
HUYA Inc., ADR(a)(b)   687,394    10,517,128 
iClick Interactive Asia Group Ltd., ADR(a)(b)   647,721    7,364,588 
Iflytek Co. Ltd., Class A   1,403,284    13,729,303 
I-Mab, ADR(a)   216,926    17,586,191 
IMAX China Holding Inc.(c)   1,404,900    2,258,659 
Industrial & Commercial Bank of China Ltd., Class A   27,783,180    22,769,954 
Industrial & Commercial Bank of China Ltd., Class H   476,423,000    312,776,190 
Industrial Bank Co. Ltd., Class A   10,383,279    37,746,406 
Industrial Securities Co. Ltd., Class A   5,995,624    10,463,014 
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A(a)   32,669,000    8,439,958 
Inner Mongolia Junzheng Energy & Chemical  Industry Group Co. Ltd., Class A6,038,800    5,364,731 
Inner Mongolia Yili Industrial Group Co. Ltd., Class A   3,063,862    19,543,049 
Inner Mongolia Yitai Coal Co. Ltd., Class B   9,870,295    6,293,122 
Innovent Biologics Inc.(a)(c)   9,787,000    118,452,658 
Inspur Electronic Information Industry Co. Ltd., Class A   1,256,972    5,786,235 
Inspur International Ltd.(a)   5,330,000    1,408,521 
Intco Medical Technology Co. Ltd., Class A   181,700    4,058,348 
iQIYI Inc., ADR(a)(b)   2,412,748    34,405,786 
Jafron Biomedical Co. Ltd., Class A   625,673    8,507,915 
Jason Furniture Hangzhou Co. Ltd., Class A   593,900    7,503,605 
JCET Group Co. Ltd., Class A(a)   1,071,600    5,845,628 
JD Health International Inc.(a)(b)(c)   2,579,850    34,298,363 
JD.com Inc., ADR(a)   7,336,414    542,454,451 
Jiangsu Eastern Shenghong Co. Ltd., Class A   1,703,300    4,638,073 
Jiangsu Expressway Co. Ltd., Class H   9,860,000    11,923,461 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   779,596    9,782,152 
Jiangsu Hengrui Medicine Co. Ltd., Class A   2,663,686    36,188,701 
Jiangsu King’s Luck Brewery JSC Ltd., Class A   927,656    8,690,045 
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A   779,551    26,713,126 
Jiangsu Zhongnan Construction Group Co. Ltd., Class A   2,935,851    3,154,175 
Jiangxi Copper Co. Ltd., Class H   11,287,000    26,740,593 
Jiangxi Zhengbang Technology Co. Ltd., Class A   2,532,100    5,036,177 
Jiayuan International Group Ltd.   15,220,000    7,746,395 
Jinchuan Group International Resources  Co. Ltd.(b)   32,204,000    5,469,833 
Jinke Properties Group Co. Ltd., Class A   3,724,100    3,531,178 
JinkoSolar Holding Co. Ltd., ADR(a)(b)   318,811    11,671,671 
Jinxin Fertility Group Ltd.(c)   11,422,000    32,907,291 
JiuGui Liquor Co. Ltd., Class A   239,300    9,296,905 
Jiumaojiu International Holdings Ltd.(a)(b)(c)   6,604,000    26,161,901 
JNBY Design Ltd.   2,610,000    4,782,203 
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A   599,042    4,717,290 
JOYY Inc., ADR(b)   504,050    38,786,647 
Security  Shares   Value 
         
China (continued)          
Juewei Food Co. Ltd., Class A   429,200   $5,790,026 
JW Cayman Therapeutics Co. Ltd.(a)(c)   941,500    3,531,282 
Kaisa Group Holdings Ltd.   22,004,000    10,125,605 
Kaisa Prosperity Holdings Ltd.(b)   823,250    3,284,683 
Kama Co. Ltd., Class B(a)   176,849    55,354 
Kangji Medical Holdings Ltd.   2,808,000    4,952,814 
KE Holdings Inc., ADR(a)   2,922,408    151,643,751 
Kingboard Holdings Ltd.   5,908,700    31,440,757 
Kingboard Laminates Holdings Ltd.   9,226,500    19,694,044 
Kingdee International Software Group  Co. Ltd.(b)   22,003,000    89,411,889 
Kingfa Sci & Tech Co. Ltd., Class A   1,786,600    6,345,584 
Kingsoft Cloud Holdings Ltd., ADR(a)(b)   494,383    19,310,600 
Kingsoft Corp. Ltd.(b)   7,984,000    53,867,329 
Konka Group Co. Ltd., Class B   9,084,918    2,822,773 
Koolearn Technology Holding Ltd.(a)(b)(c)   3,315,500    5,149,534 
Kuaishou Technology(a)(b)(c)   2,229,900    55,893,332 
Kuang-Chi Technologies Co. Ltd., Class A(a)   1,511,000    4,447,743 
Kunlun Energy Co. Ltd.   33,338,000    25,177,258 
Kweichow Moutai Co. Ltd., Class A   637,492    222,524,326 
KWG Group Holdings Ltd.   11,084,000    17,055,000 
KWG Living Group Holdings Ltd.(a)   11,817,999    12,348,010 
Lee & Man Paper Manufacturing Ltd.   12,439,000    10,854,931 
Lee’s Pharmaceutical Holdings Ltd.(b)   3,793,500    2,341,672 
Lenovo Group Ltd.(b)   62,280,000    74,701,116 
Lens Technology Co. Ltd., Class A   2,642,915    12,138,821 
Lepu Medical Technology Beijing Co. Ltd., Class A   1,351,400    7,074,621 
LexinFintech Holdings Ltd., ADR(a)(b)   999,568    9,136,052 
Li Auto Inc., ADR(a)(b)   3,928,468    91,533,304 
Li Ning Co. Ltd.   18,919,500    177,474,537 
Lifetech Scientific Corp.(a)(b)   31,814,000    21,040,635 
Lingyi iTech Guangdong Co., Class A   4,663,133    6,259,484 
Logan Group Co. Ltd.   11,476,000    18,450,656 
Lomon Billions Group Co. Ltd., Class A   1,416,107    7,584,797 
Longfor Group Holdings Ltd.(c)   15,472,500    90,577,858 
LONGi Green Energy Technology Co. Ltd., Class A   2,014,518    32,412,897 
Lonking Holdings Ltd.   20,577,000    7,182,820 
Lu Thai Textile Co. Ltd., Class B   355,350    161,244 
Lufax Holding Ltd., ADR(a)(b)   1,672,868    20,392,261 
Luxshare Precision Industry Co. Ltd., Class A   3,613,397    22,180,127 
Luye Pharma Group Ltd.(b)(c)   15,576,000    11,090,096 
Luzhou Laojiao Co. Ltd., Class A   767,808    33,252,812 
LVGEM China Real Estate Investment Co. Ltd.   10,944,000    2,975,407 
Mango Excellent Media Co. Ltd., Class A   1,070,432    12,448,223 
Maoyan Entertainment(a)(b)(c)   4,965,800    8,496,874 
Maxscend Microelectronics Co. Ltd., Class A   177,420    11,906,364 
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A(a)   2,639,528    4,840,098 
Meitu Inc.(a)(c)   22,886,500    5,805,458 
Meituan, Class B(a)(c)   30,672,300    1,191,801,860 
Metallurgical Corp. of China Ltd., Class A   8,198,400    3,910,269 
MH Development Ltd.(a)(b)(d)   4,108,000    614,011 
Microport Scientific Corp.(b)   5,700,000    47,687,265 
Midea Group Co. Ltd., Class A   1,783,800    22,748,096 
Ming Yuan Cloud Group Holdings Ltd.(a)   3,628,000    18,960,954 
Minth Group Ltd.   6,426,000    27,384,466 
MMG Ltd.(a)(b)   21,807,999    12,723,902 
Mobvista Inc.(a)(b)(c)   5,416,000    5,650,727 


 6

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Momo Inc., ADR   1,329,501   $18,652,899 
Muyuan Foods Co. Ltd., Class A   1,952,516    27,381,732 
NanJi E-Commerce Co. Ltd., Class A   1,994,885    3,202,091 
Nanjing Securities Co. Ltd., Class A   3,096,400    4,589,138 
NARI Technology Co. Ltd., Class A   2,600,014    12,734,127 
NAURA Technology Group Co. Ltd., Class A   326,175    9,677,222 
NavInfo Co. Ltd., Class A   2,485,650    5,484,598 
NetDragon Websoft Holdings Ltd.(b)   2,762,000    8,163,505 
NetEase Inc., ADR   3,467,330    408,902,227 
New China Life Insurance Co. Ltd., Class A   1,051,401    8,429,889 
New China Life Insurance Co. Ltd., Class H   6,772,900    25,354,507 
New Hope Liuhe Co. Ltd., Class A   2,805,093    6,721,893 
New Oriental Education & Technology Group Inc., ADR(a)(b)   13,044,577    133,446,023 
Newborn Town Inc.(a)   5,526,000    4,939,002 
Nexteer Automotive Group Ltd.(b)   7,731,000    9,508,565 
Nine Dragons Paper Holdings Ltd.   14,151,000    21,353,903 
Ninestar Corp., Class A   1,092,000    4,519,908 
Ningxia Baofeng Energy Group Co. Ltd., Class A   3,041,300    6,800,369 
NIO Inc., ADR(a)(b)   10,999,855    424,814,400 
Niu Technologies, ADR(a)(b)   320,183    10,668,498 
Noah Holdings Ltd., ADR(a)(b)   291,294    13,277,181 
Nongfu Spring Co. Ltd., Class H(a)(b)(c)   3,329,600    19,693,881 
Offcn Education Technology Co. Ltd., Class A1,551,900    6,077,339 
Offshore Oil Engineering Co. Ltd., Class A   2,502,400    1,730,827 
OFILM Group Co. Ltd., Class A   2,012,689    2,772,944 
OneConnect Financial Technology Co. Ltd., ADR(a)   991,231    14,333,200 
OneSmart International Education Group  Ltd., ADR(a)(b)   821,100    1,190,595 
Oppein Home Group Inc., Class A   358,280    8,351,100 
Orient Securities Co. Ltd., Class A   5,141,968    8,588,122 
Oriental Pearl Group Co. Ltd., Class A   5,238,667    7,354,774 
Ovctek China Inc., Class A   626,165    9,970,997 
PAX Global Technology Ltd.   7,917,000    9,883,004 
Peijia Medical Ltd.(a)(c)   1,429,000    5,326,192 
People’s Insurance Co. Group of China Ltd.  (The), Class H   74,617,000    27,593,936 
Perennial Energy Holdings Ltd.   6,030,000    2,341,014 
Perfect World Co. Ltd., Class A   1,348,686    4,520,736 
PetroChina Co. Ltd., Class A   6,512,200    4,731,878 
PetroChina Co. Ltd., Class H   173,412,000    70,912,010 
Pharmaron Beijing Co. Ltd., Class A   253,200    7,187,755 
Pharmaron Beijing Co. Ltd., Class H(c)   1,202,800    28,792,028 
PICC Property & Casualty Co. Ltd., Class H   56,869,040    54,335,181 
Pinduoduo Inc., ADR(a)(b)   3,717,679    464,263,753 
Ping An Bank Co. Ltd., Class A   9,952,636    37,890,073 
Ping An Healthcare and Technology Co. Ltd.(a)(b)(c)   4,017,300    47,118,854 
Ping An Insurance Group Co. of China Ltd., Class A   5,913,212    66,823,336 
Ping An Insurance Group Co. of China Ltd., Class H   53,707,500    583,890,571 
Poly Developments and Holdings Group Co. Ltd., Class A   5,256,611    11,181,321 
Poly Property Group Co. Ltd.   17,531,000    5,011,907 
Poly Property Services Co. Ltd., Class H(b)   1,194,400    9,617,931 
Postal Savings Bank of China Co. Ltd., Class A12,567,600    11,074,593 
Security  Shares   Value 
         
China (continued)          
Postal Savings Bank of China Co. Ltd., Class H(c)   80,213,000   $57,809,172 
Pou Sheng International Holdings Ltd.(a)   23,900,000    5,907,152 
Power Construction Corp. of China Ltd., Class A   12,116,244    7,435,446 
Powerlong Commercial Management  Holdings Ltd.   2,151,500    8,360,609 
Powerlong Real Estate Holdings Ltd.   7,823,000    7,643,028 
Q Technology Group Co. Ltd.   4,615,000    7,658,378 
Redco Properties Group Ltd.(b)(c)   10,546,000    3,698,248 
Redsun Properties Group Ltd.(b)   14,492,000    4,985,716 
Renrui Human Resources Technology Holdings Ltd.(a)   585,800    1,793,637 
RiseSun Real Estate Development Co. Ltd., Class A   6,352,962    6,282,748 
RLX Technology Inc., ADR(a)(b)   1,061,529    12,005,893 
Road King Infrastructure Ltd.   3,333,000    4,425,456 
Rongsheng Petrochemical Co. Ltd., Class A   3,313,000    13,786,243 
Ronshine China Holdings Ltd.   6,761,500    4,601,501 
SAIC Motor Corp. Ltd., Class A   3,484,800    11,112,872 
Sanan Optoelectronics Co. Ltd., Class A   2,793,400    12,174,189 
Sangfor Technologies Inc., Class A   271,800    11,575,228 
Sany Heavy Equipment International Holdings  Co. Ltd.(b)   10,952,000    12,167,873 
Sany Heavy Industry Co. Ltd., Class A   4,389,316    20,951,783 
Scholar Education Group   150,000    103,167 
SDIC Capital Co. Ltd., Class A   3,462,600    7,568,272 
SDIC Power Holdings Co. Ltd., Class A   4,525,354    6,868,364 
Seazen Group Ltd.   18,796,000    21,601,455 
Seazen Holdings Co. Ltd., Class A   1,450,426    11,080,314 
SF Holding Co. Ltd., Class A   2,329,692    25,511,916 
SG Micro Corp., Class A   120,400    5,377,915 
Shaanxi Coal Industry Co. Ltd., Class A   5,518,754    10,319,477 
Shandong Airlines Co. Ltd., Class B(a)   75    40 
Shandong Gold Mining Co. Ltd., Class A   2,234,501    7,520,112 
Shandong Gold Mining Co. Ltd., Class H(b)(c)   4,517,500    9,916,035 
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A   1,476,750    6,521,874 
Shandong Linglong Tyre Co. Ltd., Class A   763,000    5,771,576 
Shandong Weigao Group Medical Polymer Co. Ltd., Class H   21,496,000    47,459,913 
Shang Gong Group Co. Ltd., Class B(a)   143,906    47,489 
Shanghai Bairun Investment Holding Group Co. Ltd., Class A   421,100    8,189,368 
Shanghai Baosight Software Co. Ltd., Class A775,444    8,106,813 
Shanghai Chlor-Alkali Chemical Co. Ltd., Class B   5,802,203    3,010,902 
Shanghai Construction Group Co. Ltd., Class A   20,813,600    9,523,533 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A   1,017,300    11,100,589 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(b)   4,266,500    35,507,793 
Shanghai Fudan Microelectronics Group Co. Ltd., Class H(a)   2,686,000    4,483,520 
Shanghai Haixin Group Co., Class B   6,951,891    2,392,146 
Shanghai Haohai Biological Technology Co. Ltd., Class H(b)(c)   437,700    5,549,302 
Shanghai Industrial Holdings Ltd.   4,599,000    7,314,133 
Shanghai Industrial Urban Development  Group Ltd.   28,222,200    2,797,481 
Shanghai International Airport Co. Ltd., Class A664,503    5,171,739 


 7

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Shanghai International Port Group Co. Ltd., Class A   12,436,500   $9,177,182 
Shanghai Jin Jiang Online Network Service Co. Ltd., Class B   2,951,835    2,083,314 
Shanghai Jinjiang International Hotels Co. Ltd., Class A   722,378    7,127,303 
Shanghai Kindly Medical Instruments Co. Ltd., Class H   339,800    1,856,175 
Shanghai Lujiazui Finance & Trade Zone  Development Co. Ltd., Class B.   10,014,224    8,692,006 
Shanghai M&G Stationery Inc., Class A   651,847    8,639,917 
Shanghai Pharmaceuticals Holding Co. Ltd., Class H   7,398,000    16,725,096 
Shanghai Pudong Development Bank Co. Ltd., Class A   13,595,933    21,960,006 
Shanghai Putailai New Energy Technology Co. Ltd., Class A   505,760    8,259,662 
Shanghai RAAS Blood Products Co. Ltd., Class A   4,845,034    5,831,067 
Shanxi Meijin Energy Co. Ltd., Class A(a)   3,667,717    4,324,730 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A   462,614    33,742,117 
Shenergy Co. Ltd., Class A   6,218,842    5,957,446 
Sheng Ye Capital Ltd.(b)   6,487,000    6,227,132 
Shengyi Technology Co. Ltd., Class A   1,530,200    5,512,974 
Shennan Circuits Co. Ltd., Class A   303,971    4,143,165 
Shenwan Hongyuan Group Co. Ltd., Class A   16,912,792    12,746,626 
Shenzhen Goodix Technology Co. Ltd., Class A   301,052    6,051,784 
Shenzhen Inovance Technology Co. Ltd., Class A   921,140    14,302,075 
Shenzhen International Holdings Ltd.   9,620,750    14,634,699 
Shenzhen Investment Ltd.   26,364,000    9,365,992 
Shenzhen Kangtai Biological Products Co. Ltd., Class A   383,300    10,775,067 
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A   601,546    45,770,045 
Shenzhen Overseas Chinese Town Co. Ltd., Class A   5,712,302    7,491,301 
Shenzhen Sunway Communication Co. Ltd., Class A   846,200    3,740,423 
Shenzhou International Group Holdings Ltd.   7,064,400    181,864,441 
Shimao Group Holdings Ltd.   10,291,500    29,195,284 
Shimao Services Holdings Ltd.(c)   4,054,000    11,235,592 
Shoucheng Holdings Ltd.(b)   23,350,800    5,418,042 
Shougang Fushan Resources Group Ltd.   30,208,000    8,009,135 
Shui On Land Ltd.   42,089,666    7,049,136 
Sichuan Chuantou Energy Co. Ltd., Class A   3,848,846    7,108,031 
Sichuan Kelun Pharmaceutical Co. Ltd., Class A   1,105,920    3,864,876 
Sichuan Languang Justbon Services Group Co. Ltd., Class H   640,000    4,267,068 
Sichuan Swellfun Co. Ltd., Class A   344,400    6,910,555 
Sihuan Pharmaceutical Holdings Group Ltd.(b)35,129,000    17,215,709 
Sino Biopharmaceutical Ltd.   88,545,000    99,506,387 
Sinofert Holdings Ltd.   29,650,000    3,969,342 
Sinolink Securities Co. Ltd., Class A   2,641,200    5,586,285 
Sino-Ocean Group Holding Ltd.   26,198,500    5,497,199 
Sinopec Engineering Group Co. Ltd., Class H   14,214,500    9,010,809 
Sinopec Kantons Holdings Ltd.(b)   12,534,000    4,940,935 
Sinopharm Group Co. Ltd., Class H   11,367,200    38,646,708 
Sinotruk Hong Kong Ltd.   6,030,500    14,121,128 
Security  Shares   Value 
         
China (continued)          
Skshu Paint Co. Ltd., Class A   244,300   $9,065,525 
Skyfame Realty Holdings Ltd.   41,990,000    5,409,995 
Skyworth Group Ltd.(a)   20,726,000    5,905,718 
Smoore International Holdings Ltd.(c)   9,808,000    70,190,069 
SOHO China Ltd.(a)   19,225,000    5,943,059 
Sohu.com Ltd., ADR(a)   289,435    5,102,739 
Songcheng Performance Development Co. Ltd., Class A   1,982,756    5,526,628 
SOS Ltd., ADR(a)   1,535,492    5,174,608 
Spring Airlines Co. Ltd., Class A   742,496    7,624,842 
SSY Group Ltd.   14,228,411    9,457,659 
Sun Art Retail Group Ltd.   16,618,500    12,614,465 
Sunac China Holdings Ltd.   21,633,000    79,830,528 
Sunac Services Holdings Ltd.(a)(c)   4,190,000    13,112,483 
Sungrow Power Supply Co. Ltd., Class A   843,700    12,883,777 
Suning.com Co. Ltd., Class A   6,698,471    7,169,655 
Sunny Optical Technology Group Co. Ltd.   6,091,400    155,150,994 
Sunwoda Electronic Co. Ltd., Class A   1,451,000    6,813,672 
Superb Summit International Group Ltd.(a)(d)   1,998,771    1,316 
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A   1,423,000    4,064,700 
TAL Education Group, ADR(a)   3,474,360    138,870,169 
TCL Electronics Holdings Ltd.   9,189,000    6,107,297 
TCL Technology Group Corp., Class A   7,720,000    9,820,300 
Tencent Holdings Ltd.   48,850,800    3,930,314,753 
Tencent Music Entertainment Group, ADR(a)(b)5,553,563    87,413,082 
Thunder Software Technology Co. Ltd., Class A   399,100    9,488,372 
Tiangong International Co. Ltd.(b)   10,136,000    4,528,612 
Tianjin Port Development Holdings Ltd.   46,304,000    4,057,096 
Tianjin Zhonghuan Semiconductor Co. Ltd., Class A   2,520,891    11,424,746 
Tianli Education International Holdings Ltd.   13,041,000    7,467,506 
Tianma Microelectronics Co. Ltd., Class A   2,193,032    4,772,995 
Tianneng Power International Ltd.(b)   6,234,000    11,456,798 
Tianshui Huatian Technology Co. Ltd., Class A2,732,378    5,507,288 
Times Neighborhood Holdings Ltd.(b)   7,189,000    5,874,116 
Tingyi Cayman Islands Holding Corp.   16,698,000    31,712,107 
Toly Bread Co. Ltd., Class A   729,630    4,012,160 
Tong Ren Tang Technologies Co. Ltd., Class H6,780,000    6,814,158 
Tongcheng-Elong Holdings Ltd.(a)   7,981,600    21,568,323 
Tongda Group Holdings Ltd.(a)   36,790,000    2,893,236 
Tongdao Liepin Group(a)   2,053,000    6,137,123 
Tonghua Dongbao Pharmaceutical Co. Ltd., Class A   1,545,299    3,020,600 
Tongwei Co. Ltd., Class A   2,341,659    14,818,374 
Topchoice Medical Corp., Class A(a)   194,699    10,760,177 
Topsports International Holdings Ltd.(c)   11,905,000    18,118,998 
Towngas China Co. Ltd.   10,373,000    6,818,383 
TravelSky Technology Ltd., Class H   7,903,000    17,110,563 
Trip.com Group Ltd., ADR(a)(b)   4,299,703    179,942,571 
Tsingtao Brewery Co. Ltd., Class A   471,100    7,778,324 
Tsingtao Brewery Co. Ltd., Class H   4,444,000    48,558,930 
Unigroup Guoxin Microelectronics Co. Ltd., Class A   404,010    8,851,271 
Uni-President China Holdings Ltd.   11,067,000    11,954,557 
Unisplendour Corp. Ltd., Class A   1,981,061    6,287,110 
Untrade SMI Holdings(a)(b)(d)   12,533,884    16 
Untrade Youyuan Holdings, NVS(b)(d)   5,307,000    106,675 
Up Fintech Holding Ltd., ADR(a)   622,388    14,184,223 
Venus MedTech Hangzhou Inc., Class H(a)(c)   1,639,000    15,089,990 


 8

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Vinda International Holdings Ltd.(b)   3,099,000   $9,840,151 
Vipshop Holdings Ltd., ADR(a)   3,817,103    88,289,592 
Viva Biotech Holdings(c)   6,333,500    8,877,260 
Walvax Biotechnology Co. Ltd., Class A   921,089    10,175,856 
Wanhua Chemical Group Co. Ltd., Class A   1,663,586    28,469,919 
Want Want China Holdings Ltd.   42,465,000    31,572,639 
Weibo Corp., ADR(a)(b)   507,620    25,807,401 
Weichai Power Co. Ltd., Class A   3,146,800    8,828,857 
Weichai Power Co. Ltd., Class H   16,394,000    36,855,224 
Weimob Inc.(a)(b)(c)   14,274,000    32,688,442 
Wens Foodstuffs Group Co. Ltd., Class A   3,830,441    8,419,001 
West China Cement Ltd.   23,578,000    4,071,934 
Western Securities Co. Ltd., Class A   5,012,555    6,953,908 
Wharf Holdings Ltd. (The)   12,046,000    41,583,655 
Will Semiconductor Co. Ltd. Shanghai, Class A459,303    21,801,151 
Wingtech Technology Co. Ltd., Class A   750,900    10,355,739 
Winning Health Technology Group Co. Ltd., Class A   1,831,455    4,777,580 
Wisdom Education International Holdings  Co. Ltd.(b)   7,518,000    2,450,243 
Wuhan Guide Infrared Co. Ltd., Class A   1,375,684    8,251,294 
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A1,360,837    5,184,546 
Wuliangye Yibin Co. Ltd., Class A   2,008,648    99,729,396 
WUS Printed Circuit Kunshan Co. Ltd., Class A1,711,897    4,130,907 
WuXi AppTec Co. Ltd., Class A   1,160,183    30,539,498 
WuXi AppTec Co. Ltd., Class H(c)   2,843,107    60,825,893 
Wuxi Biologics Cayman Inc., New(a)(c)   28,591,000    447,180,916 
Wuxi Lead Intelligent Equipment Co. Ltd., Class A   544,192    8,205,742 
XCMG Construction Machinery Co. Ltd., Class A   6,653,478    7,021,275 
XD Inc.(a)(b)   1,641,200    13,306,870 
Xiabuxiabu Catering Management China  Holdings Co. Ltd.(c)   4,674,000    5,570,948 
Xiaomi Corp., Class B(a)(c)   122,067,800    460,924,452 
Xingda International Holdings Ltd.   15,021,000    4,138,210 
Xinjiang Goldwind Science & Technology Co. Ltd., Class H(b)   7,288,434    12,423,502 
Xinyi Solar Holdings Ltd.   40,716,800    73,050,437 
XPeng Inc., ADR(a)(b)   2,725,661    87,575,488 
Xtep International Holdings Ltd.(b)   12,190,500    13,040,621 
Yadea Group Holdings Ltd.(c)   9,982,000    22,241,826 
Yango Group Co. Ltd., Class A   3,402,100    2,980,328 
Yantai Jereh Oilfield Services Group Co. Ltd., Class A   697,368    4,387,885 
Yanzhou Coal Mining Co. Ltd., Class H   14,614,000    19,492,730 
Yealink Network Technology Corp. Ltd., Class A   560,193    6,752,324 
YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H(b)(c)   3,267,000    3,135,949 
Yifeng Pharmacy Chain Co. Ltd., Class A   423,057    5,910,535 
Yihai International Holding Ltd.(b)   4,097,000    32,770,152 
Yihai Kerry Arawana Holdings Co. Ltd., Class A733,000    10,625,225 
Yonghui Superstores Co. Ltd., Class A   6,624,934    5,960,101 
Yonyou Network Technology Co. Ltd., Class A2,093,231    11,950,535 
Yuexiu Property Co. Ltd.   48,680,880    12,100,563 
Yuexiu REIT   19,669,000    10,411,328 
Yuexiu Transport Infrastructure Ltd.   13,432,000    8,172,267 
Yum China Holdings Inc.   3,527,068    238,570,879 
Yunda Holding Co. Ltd., Class A   1,980,237    4,485,311 
Security  Shares   Value 
         
China (continued)          
Yunnan Baiyao Group Co. Ltd., Class A   648,252   $12,812,015 
Yunnan Energy New Material Co. Ltd., Class A   597,432    16,722,458 
Yutong Bus Co. Ltd., Class A   1,994,290    4,167,474 
Yuzhou Group Holdings Co. Ltd.   19,140,400    5,494,729 
Zai Lab Ltd., ADR(a)   655,879    116,523,463 
Zepp Health Corp., ADR(a)(b)   323,520    3,231,965 
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A   314,969    19,034,851 
Zhaojin Mining Industry Co. Ltd., Class H   9,507,500    10,262,593 
Zhejiang Century Huatong Group Co. Ltd., Class A(a)   6,232,995    6,464,290 
Zhejiang Chint Electrics Co. Ltd., Class A   1,760,073    8,911,828 
Zhejiang Dahua Technology Co. Ltd., Class A2,284,829    8,315,619 
Zhejiang Dingli Machinery Co. Ltd., Class A   398,900    4,055,867 
Zhejiang Expressway Co. Ltd., Class H   13,004,000    11,290,488 
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A   1,176,062    3,915,353 
Zhejiang Huayou Cobalt Co. Ltd., Class A   748,932    12,211,023 
Zhejiang Longsheng Group Co. Ltd., Class A   2,681,674    6,002,853 
Zhejiang NHU Co. Ltd., Class A   1,733,249    8,712,503 
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A   2,436,516    8,555,825 
Zhejiang Supor Co. Ltd., Class A   543,940    6,059,641 
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A   354,798    3,829,533 
Zhenro Properties Group Ltd.(b)   15,190,000    9,668,801 
Zheshang Securities Co. Ltd., Class A   2,528,800    5,292,870 
ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)(c)   4,043,400    20,825,597 
Zhongji Innolight Co. Ltd., Class A   668,774    4,333,231 
Zhongjin Gold Corp. Ltd., Class A   4,128,846    6,337,059 
Zhongsheng Group Holdings Ltd.   4,910,500    42,234,177 
Zhou Hei Ya International Holdings Co. Ltd.(b)(c)7,658,500    9,773,049 
Zhuguang Holdings Group Co. Ltd.(a)   20,004,000    6,287,667 
Zhuzhou CRRC Times Electric Co. Ltd., Class H   4,669,300    22,656,613 
Zijin Mining Group Co. Ltd., Class A   10,031,800    17,784,036 
Zijin Mining Group Co. Ltd., Class H   49,190,000    77,140,003 
Zoomlion Heavy Industry Science and  Technology Co. Ltd., Class A   3,511,600    5,948,947 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H   12,714,400    15,332,905 
ZTE Corp., Class A   1,805,539    8,941,905 
ZTE Corp., Class H   6,412,240    17,535,404 
ZTO Express Cayman Inc., ADR   3,658,980    117,416,668 
         28,579,924,988 
Colombia — 0.1%          
Bancolombia SA   1,981,419    14,427,808 
Cementos Argos SA   4,513,258    6,171,041 
Corp. Financiera Colombiana SA(a)   946,654    7,207,131 
Ecopetrol SA   40,678,753    24,025,477 
Grupo Argos SA   2,844,822    7,748,841 
Grupo de Inversiones Suramericana SA   1,994,996    10,771,257 
Interconexion Electrica SA ESP   3,919,086    21,159,682 
         91,511,237 
Cyprus — 0.1%          
Globaltrans Investment PLC, GDR(f)   794,510    5,197,009 
Ozon Holdings PLC, ADR(a)   204,422    10,878,297 


 9

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Cyprus (continued)          
TCS Group Holding PLC, GDR(f)   1,039,637   $78,180,421 
         94,255,727 
Czech Republic — 0.1%          
CEZ AS(b)   1,386,463    41,560,261 
Komercni Banka AS(a)   673,669    24,802,025 
Moneta Money Bank AS(a)(c)   4,651,405    17,438,616 
         83,800,902 
Egypt — 0.1%          
Commercial International Bank Egypt SAE   11,252,541    38,438,399 
Eastern Co. SAE   8,666,970    6,501,545 
Egyptian Financial Group-Hermes Holding Co.(a)   5,915,725    5,181,178 
EISewedy Electric Co.   6,509,627    3,320,888 
Fawry for Banking & Payment Technology Services SAE(a)   2,418,674    3,355,351 
Heliopolis Housing   5,330,640    1,646,552 
Juhayna Food Industries   3,362,553    944,779 
Palm Hills Developments SAE   17,467,791    1,873,176 
Six of October Development & Investment   2,764,885    2,991,815 
Talaat Moustafa Group   7,756,954    2,870,113 
Telecom Egypt Co.   3,945,067    2,869,369 
         69,993,165 
Greece — 0.2%          
Alpha Services and Holdings SA(a)(b)   12,519,148    16,771,272 
Athens Water Supply & Sewage Co. SA   400,539    4,287,561 
Eurobank Ergasias Services and Holdings SA, Class A(a)(b)   23,132,831    21,601,093 
FF Group(a)(d)   343,633    2,011,407 
GEK Terna Holding Real Estate Construction SA(a)   596,754    7,050,768 
Hellenic Telecommunications Organization SA   2,038,077    36,731,949 
Holding Co. ADMIE IPTO SA   1,519,220    4,971,847 
JUMBO SA   935,805    18,230,501 
Motor Oil Hellas Corinth Refineries SA   589,482    9,747,043 
Mytilineos SA   816,520    15,306,793 
National Bank of Greece SA(a)   5,163,194    16,214,256 
OPAP SA   1,814,883    28,522,624 
Piraeus Financial Holdings SA(a)(b)   350,617    650,630 
Piraeus Port Authority SA   93,282    2,337,618 
Public Power Corp. SA(a)(b)   1,086,038    11,985,331 
Sarantis SA   241,093    2,593,087 
Terna Energy SA   467,171    6,678,294 
Titan Cement International SA(b)   357,934    7,740,178 
         213,432,252 
Hungary — 0.2%          
Magyar Telekom Telecommunications PLC   4,841,630    6,832,878 
MOL Hungarian Oil & Gas PLC(a)   3,527,743    28,532,908 
Opus Global Nyrt(a)(b)   2,034,983    1,696,062 
OTP Bank Nyrt(a)   1,939,899    105,975,157 
Richter Gedeon Nyrt   1,221,032    34,594,825 
         177,631,830 
India — 10.8%          
3M India Ltd.(a)   26,929    9,488,585 
Aarti Industries Ltd.   781,529    18,082,527 
Aavas Financiers Ltd.(a)   284,903    8,940,928 
ACC Ltd.   669,388    18,320,414 
Adani Enterprises Ltd.(a)   1,820,663    33,049,485 
Adani Green Energy Ltd.(a)   3,432,708    60,085,719 
Adani Ports & Special Economic Zone Ltd.(a)   4,573,306    48,511,544 
Security  Shares   Value 
         
India (continued)          
Adani Power Ltd.(a)   8,001,422   $10,211,307 
Adani Total Gas Ltd.(a)   2,390,666    44,421,749 
Adani Transmission Ltd.(a)   1,858,664    37,787,976 
Aditya Birla Capital Ltd.(a)   5,957,536    9,982,980 
Aditya Birla Fashion and Retail Ltd.(a)   2,997,984    8,046,651 
Aegis Logistics Ltd.   1,224,348    6,089,337 
Affle India Ltd.(a)   113,976    8,309,694 
AIA Engineering Ltd.(a)   385,736    10,217,256 
Ajanta Pharma Ltd.   259,430    6,893,100 
Alembic Pharmaceuticals Ltd.(a)   538,068    7,064,379 
Alkyl Amines Chemicals   81,702    4,144,323 
Amara Raja Batteries Ltd.   905,583    9,264,005 
Amber Enterprises India Ltd.(a)   272,467    10,251,711 
Ambuja Cements Ltd.   6,165,593    27,840,952 
APL Apollo Tubes Ltd.(a)   186,445    3,338,013 
Apollo Hospitals Enterprise Ltd.   834,634    36,666,327 
Apollo Tyres Ltd.(a)   3,375,074    10,359,714 
Ashok Leyland Ltd.(a)   12,214,786    20,825,082 
Asian Paints Ltd.   3,348,703    137,472,748 
Astral Ltd.   799,216    20,625,653 
AstraZeneca Pharma India Ltd.   66,316    3,450,753 
Atul Ltd.(a)   122,842    14,543,914 
AU Small Finance Bank Ltd.(a)(c)   785,095    10,704,429 
Aurobindo Pharma Ltd.   2,577,938    35,593,683 
Avanti Feeds Ltd.   505,574    4,170,686 
Avenue Supermarts Ltd.(a)(c)   1,427,978    60,476,263 
Axis Bank Ltd.(a)   19,404,563    200,183,907 
Bajaj Auto Ltd.(a)   630,064    36,379,761 
Bajaj Consumer Care Ltd.   939,058    3,729,763 
Bajaj Electricals Ltd.(a)   383,040    5,557,448 
Bajaj Finance Ltd.(a)   2,330,046    180,888,384 
Bajaj Finserv Ltd.(a)   339,537    55,350,179 
Balkrishna Industries Ltd.   790,628    23,981,147 
Balrampur Chini Mills Ltd.   702,479    2,944,784 
Bandhan Bank Ltd.(a)(c)   5,881,319    24,889,289 
BASF India Ltd.   117,582    3,947,046 
Bata India Ltd.   600,829    12,805,617 
Bayer CropScience Ltd./India   118,451    8,654,199 
Berger Paints India Ltd.   2,102,866    23,376,527 
Bharat Electronics Ltd.   7,280,290    14,571,749 
Bharat Forge Ltd.(a)   2,001,654    18,627,157 
Bharat Heavy Electricals Ltd.(a)   8,869,654    8,704,781 
Bharat Petroleum Corp. Ltd.   7,494,640    48,782,336 
Bharti Airtel Ltd.   21,008,794    155,239,995 
Biocon Ltd.(a)   3,683,229    19,735,745 
Blue Dart Express Ltd.(a)   68,824    5,712,427 
Blue Star Ltd.(a)   489,818    5,566,628 
Britannia Industries Ltd.   955,856    45,416,645 
Canara Bank(a)   2,549,042    5,639,777 
Ceat Ltd.(a)   241,309    4,392,442 
CESC Ltd.   574,579    5,428,684 
CG Power and Industrial Solutions Ltd.(a)   2,709,033    3,203,004 
Chambal Fertilizers and Chemicals Ltd.   1,502,985    5,992,671 
Cholamandalam Financial Holdings Ltd.(a)   880,293    7,713,790 
Cholamandalam Investment and Finance  Co. Ltd.   3,633,953    27,490,782 
Cipla Ltd.(a)   3,944,418    51,519,223 
City Union Bank Ltd.(a)   3,517,155    8,366,566 
Coal India Ltd.   10,816,537    22,038,549 
Coforge Ltd.   221,191    10,804,864 


 10

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Colgate-Palmolive India Ltd.   1,080,893   $25,679,604 
Container Corp. of India Ltd.   2,411,305    22,681,984 
Coromandel International Ltd.   826,952    9,124,870 
CreditAccess Grameen Ltd.(a)   406,990    3,556,055 
CRISIL Ltd.   191,123    5,114,803 
Crompton Greaves Consumer Electricals Ltd.   4,166,930    22,856,147 
Cummins India Ltd.   1,152,229    12,498,605 
Cyient Ltd.(a)   963,696    10,965,329 
Dabur India Ltd.   4,838,109    36,176,279 
Dalmia Bharat Ltd.(a)   682,259    16,584,442 
DCB Bank Ltd.(a)   1,747,770    2,527,220 
Deepak Nitrite Ltd.(a)   644,352    15,850,411 
Dhani Services Ltd.(a)   2,459,056    5,911,069 
Dilip Buildcon Ltd.(c)   377,662    2,801,545 
Divi’s Laboratories Ltd.(a)   1,167,328    67,361,322 
Dixon Technologies India Ltd.(a)   276,265    15,347,586 
DLF Ltd.   5,389,333    21,434,413 
Dr Lal PathLabs Ltd.(c)   269,963    11,015,729 
Dr. Reddy’s Laboratories Ltd.   1,002,653    73,201,128 
Edelweiss Financial Services Ltd.   4,610,219    4,147,096 
Eicher Motors Ltd.(a)   1,210,003    44,473,418 
EIH Ltd.(a)   1,618,691    2,438,970 
Emami Ltd.   1,773,586    12,274,913 
Endurance Technologies Ltd.(a)(c)   303,035    6,369,712 
Engineers India Ltd.   2,884,807    3,383,311 
Escorts Ltd.   726,092    11,715,192 
Exide Industries Ltd.   4,500,393    11,877,044 
Federal Bank Ltd.(a)   13,582,732    16,341,260 
Finolex Cables Ltd.   809,163    4,907,893 
Fortis Healthcare Ltd.(a)   4,475,304    14,066,103 
GAIL India Ltd.   14,038,509    31,029,814 
Gillette India Ltd.   60,474    4,670,818 
Glenmark Pharmaceuticals Ltd.   1,359,681    11,130,092 
GMM Pfaudler Ltd.   71,915    4,758,696 
GMR Infrastructure Ltd.(a)   22,079,307    7,944,765 
Godrej Consumer Products Ltd.(a)   3,568,229    42,264,023 
Godrej Industries Ltd.(a)   874,356    6,329,882 
Godrej Properties Ltd.(a)   972,858    18,361,898 
Granules India Ltd.   1,525,724    6,709,175 
Graphite India Ltd.(a)   679,509    7,024,518 
Grasim Industries Ltd.   2,640,899    53,461,194 
Great Eastern Shipping Co. Ltd. (The)   895,506    5,075,277 
Gujarat Fluorochemicals Ltd.(a)   275,486    3,156,044 
Gujarat Gas Ltd.   1,599,317    11,854,704 
Gujarat Pipavav Port Ltd.   3,020,149    4,479,186 
Gujarat State Petronet Ltd.   2,454,738    9,176,733 
Happiest Minds Technologies Ltd.(a)   530,765    6,358,015 
Havells India Ltd.   2,253,309    32,046,932 
HCL Technologies Ltd.   9,440,240    123,132,640 
HDFC Asset Management Co. Ltd.(c)   470,194    19,223,003 
HDFC Life Insurance Co. Ltd.(a)(c)   6,848,888    62,826,402 
Hemisphere Properties India Ltd.(a)   262,076    493,763 
Hero MotoCorp Ltd.   1,082,510    44,822,173 
Hindalco Industries Ltd.   13,817,782    75,035,884 
Hindustan Petroleum Corp. Ltd.   6,032,319    23,214,076 
Hindustan Unilever Ltd.   7,105,606    229,400,163 
Housing Development Finance Corp. Ltd.   14,648,916    514,887,884 
ICICI Bank Ltd.(a)   43,950,516    402,899,800 
ICICI Lombard General Insurance Co. Ltd.(c)   1,955,005    39,763,085 
ICICI Prudential Life Insurance Co. Ltd.(a)(c)   3,119,043    23,871,937 
Security  Shares   Value 
         
India (continued)          
ICICI Securities Ltd.(c)   782,966   $6,500,173 
IDFC First Bank Ltd.(a)   21,486,856    17,338,945 
IDFC Ltd.(a)   11,362,671    8,928,548 
IIFL Wealth Management Ltd.   316,660    5,194,384 
India Cements Ltd. (The)   1,712,000    4,298,717 
Indiabulls Housing Finance Ltd.   2,549,940    7,835,021 
IndiaMART Intermesh Ltd.(a)(c)   111,114    11,318,767 
Indian Energy Exchange Ltd.(c)   823,346    4,058,291 
Indian Hotels Co. Ltd. (The)   6,548,184    12,565,694 
Indian Oil Corp. Ltd.   16,229,100    24,471,887 
Indian Railway Catering & Tourism Corp. Ltd.   372,155    9,783,172 
Indraprastha Gas Ltd.   2,784,280    20,275,102 
Indus Towers Ltd.   5,316,613    17,777,370 
Info Edge India Ltd.(a)   669,126    40,242,925 
Infosys Ltd.   29,098,885    559,263,946 
Inox Leisure Ltd.(a)   471,726    2,022,869 
Intellect Design Arena Ltd.(a)   414,161    4,423,588 
InterGlobe Aviation Ltd.(a)(c)   859,428    20,761,674 
Ipca Laboratories Ltd.   614,268    17,540,846 
IRB Infrastructure Developers Ltd.   1,371,964    2,147,040 
ITC Ltd.   25,833,673    77,286,338 
Jindal Steel & Power Ltd.(a)   3,948,729    22,213,389 
JK Cement Ltd.(a)   283,380    11,120,693 
JM Financial Ltd.   3,519,343    4,276,756 
JSW Energy Ltd.   3,117,658    5,047,538 
JSW Steel Ltd.   7,439,547    73,065,044 
Jubilant Foodworks Ltd.(a)   728,838    31,277,321 
Jubilant Pharmova Ltd.(a)   844,218    10,182,418 
Just Dial Ltd.(a)   447,487    5,816,385 
Jyothy Labs Ltd.(a)   1,146,165    2,443,186 
Kajaria Ceramics Ltd.   757,575    10,091,439 
Karur Vysya Bank Ltd. (The)(a)   3,983,006    3,141,077 
Kaveri Seed Co. Ltd.   310,293    3,078,101 
KEC International Ltd.(a)   987,169    5,598,759 
KEI Industries Ltd.   494,875    4,202,264 
Kotak Mahindra Bank Ltd.(a)   4,817,042    119,969,162 
KRBL Ltd.(a)   94,141    271,111 
L&T Finance Holdings Ltd.(a)   9,081,968    11,710,678 
L&T Technology Services Ltd.(c)   264,781    9,890,504 
Lakshmi Machine Works Ltd.   40,334    3,714,464 
Larsen & Toubro Infotech Ltd.(c)   462,859    25,194,827 
Larsen & Toubro Ltd.   5,940,819    120,501,475 
Laurus Labs Ltd.(c)   2,870,239    20,720,034 
LIC Housing Finance Ltd.   2,676,598    17,224,299 
Lupin Ltd.   1,992,438    33,480,972 
Mahanagar Gas Ltd.   616,671    10,119,724 
Mahindra & Mahindra Financial Services Ltd.(a)5,544,164    12,444,155 
Mahindra & Mahindra Ltd.   7,223,102    80,535,171 
Mahindra CIE Automotive Ltd.(a)   976,059    2,694,608 
Manappuram Finance Ltd.   5,056,260    11,361,341 
Marico Ltd.   4,645,853    30,514,275 
Maruti Suzuki India Ltd.   1,193,910    116,444,103 
Max Financial Services Ltd.(a)   1,812,561    23,356,069 
Metropolis Healthcare Ltd.(c)   250,519    8,879,260 
Minda Industries Ltd.   668,274    5,611,542 
Mindspace Business Parks REIT(c)   1,342,600    5,115,196 
Mindtree Ltd.   522,292    17,218,212 
Motherson Sumi Systems Ltd.(a)   11,122,053    36,802,382 
Motilal Oswal Financial Services Ltd.   371,763    4,165,455 
Mphasis Ltd.   763,173    20,480,396 


 11

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
MRF Ltd.   16,939   $19,537,221 
Multi Commodity Exchange of India Ltd.   215,682    4,602,473 
Muthoot Finance Ltd.   1,084,322    19,715,673 
Natco Pharma Ltd.   854,888    12,381,765 
National Aluminium Co. Ltd.   10,568,055    10,759,354 
Navin Fluorine International Ltd.   295,398    13,113,682 
Nestle India Ltd.   296,223    72,033,858 
Nippon Life India Asset Management Ltd.(c)   1,237,646    6,336,195 
NTPC Ltd.   39,351,947    59,994,290 
Oberoi Realty Ltd.(a)   1,030,517    8,597,533 
Oil & Natural Gas Corp. Ltd.   22,114,873    34,619,625 
Oil India Ltd.   2,069,670    3,778,011 
Oracle Financial Services Software Ltd.   71,193    3,419,670 
Page Industries Ltd.   48,412    20,574,245 
Persistent Systems Ltd.   422,576    14,808,421 
Petronet LNG Ltd.   6,645,624    22,188,365 
Phoenix Mills Ltd. (The)(a)   673,593    7,322,938 
PI Industries Ltd.   742,460    26,783,729 
Pidilite Industries Ltd.(a)   1,364,686    39,474,359 
Piramal Enterprises Ltd.   864,975    21,614,846 
PNB Housing Finance Ltd.(a)(c)   641,669    4,650,380 
Polycab India Ltd.(a)   391,331    9,056,274 
Power Grid Corp. of India Ltd.   18,738,318    58,341,938 
Prestige Estates Projects Ltd.(a)   1,376,781    5,181,896 
Procter & Gamble Health Ltd.   62,284    5,107,365 
PVR Ltd.(a)   466,309    8,425,563 
Quess Corp. Ltd.(c)   770,832    7,247,149 
Radico Khaitan Ltd.   679,786    5,729,701 
Rajesh Exports Ltd.   605,549    4,348,234 
Rallis India Ltd.   927,512    3,999,606 
Ramco Cements Ltd. (The)   1,051,392    14,021,709 
RBL Bank Ltd.(a)(c)   3,767,987    11,092,460 
REC Ltd.   7,857,290    15,822,989 
Redington India Ltd.(a)   2,631,188    9,570,161 
Relaxo Footwears Ltd.(a)   516,261    8,072,037 
Reliance Industries Ltd.   24,278,431    720,778,619 
Route Mobile Ltd.(a)   133,111    3,078,179 
Sanofi India Ltd.   81,218    8,662,883 
SBI Cards & Payment Services Ltd.   996,409    14,341,123 
SBI Life Insurance Co. Ltd.(c)   3,644,995    49,023,954 
Schaeffler India Ltd.   66,692    4,832,368 
Shree Cement Ltd.(a)   96,056    36,636,603 
Shriram Transport Finance Co. Ltd.   1,682,811    33,035,991 
Siemens Ltd.   644,611    18,577,617 
SRF Ltd.   254,215    22,853,289 
State Bank of India(a)   15,555,835    91,041,086 
Sterlite Technologies Ltd.   1,658,851    5,728,895 
Strides Pharma Science Ltd.   563,736    5,982,762 
Sun Pharma Advanced Research Co. Ltd.(a)   998,720    3,087,278 
Sun Pharmaceutical Industries Ltd.   7,340,811    67,627,718 
Sun TV Network Ltd.   480,676    3,590,828 
Sundaram Finance Ltd.   537,345    18,528,101 
Sundram Fasteners Ltd.   773,166    8,442,859 
Sunteck Realty Ltd.   469,114    1,856,719 
Supreme Industries Ltd.   560,935    17,554,357 
Suven Pharmaceuticals Ltd.   1,148,068    8,155,904 
Symphony Ltd.   172,031    2,547,708 
Syngene International Ltd.(a)(c)   1,117,818    8,971,762 
Tanla Platforms Ltd.   243,387    3,050,632 
Tata Chemicals Ltd.   1,440,560    14,004,896 
Security  Shares   Value 
         
India (continued)          
Tata Communications Ltd.   877,760   $12,956,275 
Tata Consultancy Services Ltd.   7,934,490    346,096,971 
Tata Consumer Products Ltd.   5,426,211    49,652,601 
Tata Elxsi Ltd.   314,673    15,809,518 
Tata Motors Ltd.(a)   14,487,872    63,580,164 
Tata Power Co. Ltd. (The)   12,731,785    18,680,300 
Tata Steel Ltd.   5,535,772    86,051,970 
TeamLease Services Ltd.(a)   102,508    4,887,009 
Tech Mahindra Ltd.   5,548,650    78,405,144 
Thermax Ltd.(a)   387,537    7,571,392 
Titan Co. Ltd.   3,148,755    69,144,476 
Torrent Pharmaceuticals Ltd.   452,221    17,114,738 
Torrent Power Ltd.   1,636,312    9,779,213 
Trent Ltd.   1,617,032    19,099,317 
TTK Prestige Ltd.   58,236    6,854,605 
Tube Investments of India Ltd.   838,131    13,602,110 
TV18 Broadcast Ltd.(a)   5,716,997    3,309,463 
UltraTech Cement Ltd.   947,592    87,479,294 
United Spirits Ltd.(a)   2,665,541    22,564,308 
UPL Ltd.   4,486,259    50,443,872 
Varun Beverages Ltd.   897,875    12,518,114 
Vedanta Ltd.   10,670,616    40,304,205 
V-Guard Industries Ltd.(a)   1,531,692    5,907,028 
Vinati Organics Ltd.   258,075    6,213,592 
VIP Industries Ltd.(a)   446,063    2,265,253 
V-Mart Retail Ltd.(a)   87,555    3,336,212 
Vodafone Idea Ltd.(a)   81,698,954    9,743,473 
Voltas Ltd.   1,926,657    26,821,374 
Welspun India Ltd.   3,431,590    4,217,536 
Westlife Development Ltd.(a)   433,879    2,871,055 
Wipro Ltd.   11,255,299    83,686,981 
Yes Bank Ltd.(a)   79,130,738    14,723,528 
Yes Bank Ltd., New,  
(Acquired 03/16/20, Cost: $35,983,750)(a)(g)
12,578,231    1,922,732 
Zee Entertainment Enterprises Ltd.   7,694,424    22,234,590 
         8,949,127,123 
Indonesia — 1.2%          
Ace Hardware Indonesia Tbk PT   83,041,900    8,690,465 
Adaro Energy Tbk PT   129,010,800    10,743,558 
AKR Corporindo Tbk PT   18,731,600    4,244,563 
Aneka Tambang Tbk   75,912,643    13,024,239 
Astra Agro Lestari Tbk PT   5,953,100    3,674,791 
Astra International Tbk PT   173,759,400    63,795,849 
Bank BTPN Syariah Tbk PT   21,595,700    4,381,529 
Bank Central Asia Tbk PT   90,693,700    202,244,765 
Bank Mandiri Persero Tbk PT   159,762,500    67,005,433 
Bank Negara Indonesia Persero Tbk PT   64,475,800    24,366,953 
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT   30,194,300    2,923,786 
Bank Rakyat Indonesia Persero Tbk PT   472,222,400    140,836,857 
Bank Tabungan Negara Persero Tbk PT(a)   46,413,876    5,306,761 
Barito Pacific Tbk PT   244,872,800    15,410,062 
Bintang Oto Global Tbk PT(a)   30,431,800    2,843,749 
Bukit Asam Tbk PT.   35,399,300    5,475,855 
Bumi Serpong Damai Tbk PT(a)   84,890,100    6,658,485 
Charoen Pokphand Indonesia Tbk PT   65,657,400    31,004,538 
Ciputra Development Tbk PT   107,190,227    8,061,039 
Gudang Garam Tbk PT(a)   3,826,800    8,875,791 
Hanson International Tbk PT(a)(d)   783,666,700    2,742,971 
Indah Kiat Pulp & Paper Tbk PT   24,597,300    14,635,335 


 12

 

Consolidated Schedule of Investments (unaudited) (continued)

 iShares® Core MSCI Emerging Markets ETF

May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Indonesia (continued)          
Indocement Tunggal Prakarsa Tbk PT   13,054,800   $11,052,373 
Indofood CBP Sukses Makmur Tbk PT   19,885,300    11,412,245 
Indofood Sukses Makmur Tbk PT   38,397,500    17,063,319 
Inti Agri Resources Tbk PT(a)(d)   291,349,000    1,019,772 
Japfa Comfeed Indonesia Tbk PT   45,777,900    6,369,783 
Jasa Marga Persero Tbk PT   21,677,280    5,988,703 
Kalbe Farma Tbk PT   181,471,800    18,410,970 
Medco Energi Internasional Tbk PT(a)   88,829,280    4,286,528 
Media Nusantara Citra Tbk PT(a)   58,863,300    3,807,130 
Merdeka Copper Gold Tbk PT(a)   91,457,800    17,296,103 
Mitra Adiperkasa Tbk PT(a)   94,624,200    4,633,526 
Pabrik Kertas Tjiwi Kimia Tbk PT   11,004,800    7,108,020 
Pakuwon Jati Tbk PT(a)   180,966,800    6,329,018 
Panin Financial Tbk PT(a)   190,027,800    2,605,140 
Perusahaan Gas Negara Tbk PT(a)   102,139,700    7,963,354 
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT   34,081,600    2,837,001 
Pool Advista Indonesia Tbk PT(a)(d)   12,679,400    44,380 
PP Persero Tbk PT   34,832,750    2,716,720 
Sarana Menara Nusantara Tbk PT   202,130,200    16,617,278 
Semen Indonesia Persero Tbk PT   26,430,400    17,941,880 
Smartfren Telecom Tbk PT(a)   495,959,600    2,979,962 
Sugih Energy Tbk PT(a)(d)   27,492,211    96,228 
Summarecon Agung Tbk PT(a)   103,822,400    6,819,141 
Surya Citra Media Tbk PT(a)   61,164,600    7,205,786 
Telkom Indonesia Persero Tbk PT   414,151,400    99,892,316 
Tower Bersama Infrastructure Tbk PT   82,238,100    14,909,440 
Trada Alam Minera Tbk PT(a)(d)   280,960,700    983,412 
Unilever Indonesia Tbk PT   63,274,600    25,920,951 
United Tractors Tbk PT   14,619,800    23,072,392 
Waskita Beton Precast Tbk PT   108,995,800    1,364,910 
Waskita Karya Persero Tbk PT   49,286,500    3,568,557 
Wijaya Karya Persero Tbk PT   39,130,723    3,419,460 
XL Axiata Tbk PT   34,588,900    5,950,878 
         1,008,634,050 
Kuwait — 0.5%          
Agility Public Warehousing Co. KSC   11,478,121    35,050,318 
Al Ahli Bank of Kuwait KSCP   354,349    240,197 
Boubyan Bank KSCP   11,585,193    25,830,419 
Boubyan Petrochemicals Co. KSCP   3,620,767    10,862,084 
Gulf Bank KSCP   13,654,321    10,163,043 
Humansoft Holding Co. KSC   826,244    9,892,388 
Kuwait Finance House KSCP   41,164,239    101,901,838 
Kuwait International Bank KSCP(a)   6,768,319    4,902,786 
Mabanee Co. KPSC   5,050,159    11,914,314 
Mobile Telecommunications Co. KSCP   19,786,305    39,084,313 
National Bank of Kuwait SAKP   58,848,049    162,567,662 
National Industries Group Holding SAK   10,559,209    7,811,253 
Qurain Petrochemical Industries Co.   5,487,054    6,983,026 
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC   5,441,680    4,339,602 
Warba Bank KSCP(a)   8,964,497    7,268,109 
         438,811,352 
Malaysia — 1.5%          
AEON Credit Service M Bhd(b)   2,274,400    6,545,273 
Alliance Bank Malaysia Bhd(a)   10,211,500    6,401,196 
AMMB Holdings Bhd   14,100,100    9,720,115 
Axiata Group Bhd   23,459,900    20,978,151 
Berjaya Sports Toto Bhd   7,432,122    3,558,971 
Security  Shares   Value 
         
Malaysia (continued)          
Bermaz Auto Bhd   9,199,000   $2,937,627 
British American Tobacco Malaysia Bhd   1,402,600    5,346,265 
Bursa Malaysia Bhd   5,499,300    10,869,494 
Carlsberg Brewery Malaysia Bhd(b)   1,535,700    8,173,558 
CIMB Group Holdings Bhd   55,288,300    57,245,494 
D&O Green Technologies Bhd   3,937,800    4,059,062 
Dialog Group Bhd   33,969,896    23,743,951 
DiGi.Com Bhd(b)   26,807,900    27,607,156 
DRB-Hicom Bhd   9,303,000    4,075,369 
Focus Dynamics Group Bhd(a)   14,576,000    158,684 
Fraser & Neave Holdings Bhd   1,271,000    8,179,031 
Frontken Corp. Bhd(b)   11,632,900    8,464,310 
Gamuda Bhd(a)   15,312,600    11,734,423 
Genting Bhd   18,622,500    21,979,281 
Genting Malaysia Bhd   26,597,700    17,952,724 
Genting Plantations Bhd   4,492,500    8,694,811 
Globetronics Technology Bhd   6,569,300    3,380,088 
Greatech Technology Bhd(a)   3,021,300    3,926,167 
HAP Seng Consolidated Bhd   5,709,600    11,208,870 
Hartalega Holdings Bhd(b)   14,938,600    32,491,059 
Hong Leong Bank Bhd   5,812,900    25,862,127 
Hong Leong Financial Group Bhd   2,307,300    9,790,470 
IGB REIT   13,994,000    5,586,089 
IHH Healthcare Bhd   19,017,600    24,370,782 
IJM Corp. Bhd   24,531,600    10,493,359 
Inari Amertron Bhd   23,710,300    18,335,522 
IOI Corp. Bhd   20,513,600    20,297,720 
Kossan Rubber Industries   11,574,000    11,314,363 
KPJ Healthcare Bhd   33,058,100    7,993,694 
Kuala Lumpur Kepong Bhd   3,740,900    20,091,443 
Lotte Chemical Titan Holding Bhd(c)   4,432,100    3,203,186 
Magnum Bhd   10,185,586    4,876,940 
Mah Sing Group Bhd(b)   12,548,123    2,774,749 
Malayan Banking Bhd(b)   32,514,700    64,313,581 
Malaysia Airports Holdings Bhd   9,413,500    12,728,678 
Malaysia Building Society Bhd   28,429,200    4,190,520 
Malaysian Pacific Industries Bhd(b)   970,500    9,173,720 
Malaysian Resources Corp. Bhd   28,740,100    2,987,921 
Maxis Bhd   20,392,500    22,930,568 
Mega First Corp Bhd   3,314,600    5,922,870 
MISC Bhd   11,308,500    18,781,324 
My EG Services Bhd   23,880,600    11,140,694 
Nestle Malaysia Bhd(b)   556,300    18,365,474 
Padini Holdings Bhd(a)   3,617,300    2,484,545 
Pavilion REIT   13,444,600    4,163,946 
Pentamaster Corp. Bhd   6,904,300    7,837,863 
Petronas Chemicals Group Bhd(b)   21,069,200    40,994,276 
Petronas Dagangan Bhd   2,509,400    11,471,676 
Petronas Gas Bhd   6,765,900    26,513,631 
PPB Group Bhd   5,801,320    25,992,608 
Press Metal Aluminium Holdings Bhd   26,057,000    32,767,313 
Public Bank Bhd   124,175,500    126,467,827 
QL Resources Bhd   10,520,543    15,271,140 
RHB Bank Bhd   13,897,266    17,819,876 
Scientex Bhd   8,215,700    8,188,868 
Serba Dinamik Holdings Bhd   16,762,420    4,582,465 
Sime Darby Bhd   24,052,100    13,325,102 
Sime Darby Plantation Bhd   18,385,300    20,230,760 
Sime Darby Property Bhd   33,868,800    5,078,304 
SKP Resources Bhd   10,790,025    3,991,236 


 

13 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Malaysia (continued)          
SP Setia Bhd Group(a)(b)   18,929,400   $4,762,785 
Sunway Construction Group Bhd   6,721,870    2,633,965 
Sunway REIT(b)   20,083,000    6,748,646 
Supermax Corp. Bhd(b)   13,043,813    12,999,470 
Telekom Malaysia Bhd   9,813,300    14,596,680 
Tenaga Nasional Bhd   19,555,100    47,059,425 
TIME dotCom Bhd   3,864,500    12,998,391 
Top Glove Corp. Bhd(b)   45,031,800    56,360,280 
UEM Sunrise Bhd(a)(b)   25,181,700    2,526,644 
UMW Holdings Bhd   3,239,800    2,421,914 
UWC BHD   3,236,000    4,190,737 
ViTrox Corp. Bhd   1,886,700    6,936,527 
VS Industry Bhd   28,772,050    8,546,333 
Westports Holdings Bhd   8,486,800    8,849,185 
Yinson Holdings Bhd   5,616,400    6,587,982 
         1,220,357,324 
Mexico — 1.8%          
Alpek SAB de CV   3,464,800    3,936,561 
Alsea SAB de CV(a)(b)   4,918,295    8,264,652 
America Movil SAB de CV, Series L, NVS   285,592,672    223,679,369 
Arca Continental SAB de CV   3,258,138    18,340,317 
Banco del Bajio SA(b)(c)   6,945,797    12,111,032 
Becle SAB de CV(b)   4,570,475    11,521,415 
Bolsa Mexicana de Valores SAB de CV   4,406,678    9,756,727 
Cemex SAB de CV, CPO, NVS(a)   131,487,483    110,904,193 
Coca-Cola Femsa SAB de CV   3,918,400    19,574,295 
Controladora Nemak SAB de CV(a)   25,836,526    4,060,063 
Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)   7,101,859    12,311,838 
Corp Inmobiliaria Vesta SAB de CV   5,117,900    10,516,902 
Fibra Uno Administracion SA de CV   28,640,200    33,805,156 
Fomento Economico Mexicano SAB de CV   16,499,545    139,158,478 
Genomma Lab Internacional SAB de CV, Class B(a)(b)   7,883,024    8,243,970 
Gentera SAB de CV(a)   9,787,892    5,498,871 
Gruma SAB de CV, Class B   1,743,050    18,989,951 
Grupo Aeroportuario del Centro Norte SAB  de CV(a)   2,988,300    19,154,346 
Grupo Aeroportuario del Pacifico SAB de CV, Class B   3,353,200    36,360,284 
Grupo Aeroportuario del Sureste SAB de CV, Class B(a)   1,789,700    32,439,773 
Grupo Bimbo SAB de CV, Series A   13,090,302    28,766,067 
Grupo Carso SAB de CV, Series A1(a)   4,069,336    12,386,979 
Grupo Cementos de Chihuahua SAB de CV   1,766,957    13,084,956 
Grupo Comercial Chedraui SA de CV   3,521,959    5,569,922 
Grupo Financiero Banorte SAB de CV, Class O22,130,578    153,251,864 
Grupo Financiero Inbursa SAB de CV, Class O(a)19,684,442    20,052,080 
Grupo Herdez SAB de CV   2,964,500    6,681,213 
Grupo Mexico SAB de CV, Series B   26,464,820    129,082,100 
Grupo Televisa SAB, CPO(b)   20,667,356    54,879,830 
Industrias Penoles SAB de CV(a)   1,220,805    18,535,176 
Kimberly-Clark de Mexico SAB de CV, Class A   12,917,075    23,411,307 
La Comer SAB de CV(b)   5,450,096    10,449,802 
Macquarie Mexico Real Estate Management SA de CV(c)   9,406,000    10,559,201 
Megacable Holdings SAB de CV, CPO   2,564,077    9,742,411 
Orbia Advance Corp. SAB de CV   9,198,383    26,203,246 
PLA Administradora Industrial S. de RL de CV   7,597,849    11,703,083 
Security  Shares   Value 
         
Mexico (continued)          
Prologis Property Mexico SA de CV   3,811,858   $8,992,831 
Promotora y Operadora de Infraestructura SAB de CV   1,883,565    15,018,967 
Qualitas Controladora SAB de CV   1,689,978    9,199,935 
Regional SAB de CV   1,994,247    10,763,207 
Telesites SAB de CV(a)(b)   12,447,395    12,392,401 
Wal-Mart de Mexico SAB de CV   43,283,196    142,466,429 
         1,471,821,200 
Pakistan — 0.1%          
Engro Corp. Ltd./Pakistan   3,033,924    6,189,103 
Engro Fertilizers Ltd.   6,191,935    2,858,502 
Fauji Fertilizer Co. Ltd.   6,161,298    4,288,152 
Habib Bank Ltd.   5,358,921    4,693,831 
Hub Power Co. Ltd. (The)   7,673,808    3,928,910 
Lucky Cement Ltd.(a)   1,416,935    8,553,153 
MCB Bank Ltd.   4,053,030    4,355,167 
Pakistan Oilfields Ltd.   1,399,274    3,367,278 
Pakistan Petroleum Ltd.   3,648,183    2,197,035 
Pakistan State Oil Co. Ltd.   2,801,450    4,370,271 
Searle Co. Ltd. (The)   1,287,095    2,042,723 
TRG Pakistan(a)   3,636,500    4,155,043 
United Bank Ltd./Pakistan   4,785,919    4,001,190 
         55,000,358 
Peru — 0.2%          
Cia. de Minas Buenaventura SAA, ADR(a)   1,888,045    21,750,278 
Credicorp Ltd.   571,703    78,592,011 
Intercorp Financial Services Inc.   234,925    6,610,790 
Southern Copper Corp.   738,656    51,513,870 
         158,466,949 
Philippines — 0.6%          
Aboitiz Equity Ventures Inc.   17,562,730    14,810,354 
AC Energy Corp.   35,841,300    5,451,462 
Alliance Global Group Inc.   37,648,600    8,177,081 
Ayala Corp.   2,432,675    40,410,983 
Ayala Land Inc.   68,155,040    49,051,381 
Bank of the Philippine Islands   15,091,373    26,521,792 
BDO Unibank Inc.   17,281,406    37,485,338 
Bloomberry Resorts Corp.(a)   40,748,500    5,692,785 
Cebu Air Inc.(a)   2,750,610    2,624,429 
Cosco Capital Inc.   31,139,300    3,322,465 
D&L Industries Inc.   30,711,800    4,741,944 
DoubleDragon Properties Corp.(a)   6,771,200    1,722,638 
Filinvest Land Inc.   105,732,000    2,388,792 
Globe Telecom Inc.   294,115    11,112,960 
GT Capital Holdings Inc.   848,960    10,473,936 
International Container Terminal Services Inc.   9,163,010    27,432,956 
JG Summit Holdings Inc.   26,730,731    31,865,909 
Jollibee Foods Corp.   3,936,030    15,884,935 
Manila Electric Co.   1,884,930    11,182,602 
Manila Water Co. Inc.(a)   11,518,200    3,416,141 
Megaworld Corp.   104,551,200    6,645,978 
Metro Pacific Investments Corp.   127,679,800    10,628,222 
Metropolitan Bank & Trust Co.   15,344,433    15,408,301 
PLDT Inc.   725,725    19,966,073 
Puregold Price Club Inc.   8,500,850    6,626,924 
Robinsons Land Corp.   21,007,313    7,464,901 
Security Bank Corp.   2,636,680    6,728,776 
Semirara Mining & Power Corp.   9,360,300    2,572,888 
SM Investments Corp.   2,116,562    42,961,346 


 

14 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Philippines (continued)          
SM Prime Holdings Inc.   86,878,496   $65,393,047 
Universal Robina Corp.   7,830,500    22,771,892 
Vista Land & Lifescapes Inc.   47,001,300    3,714,376 
Wilcon Depot Inc.   12,737,500    4,907,097 
         529,560,704 
Poland — 0.8%          
Alior Bank SA(a)(b)   944,969    8,665,377 
Allegro.eu SA(a)(c)   3,093,373    48,514,589 
AmRest Holdings SE(a)(b)   683,543    5,944,982 
Asseco Poland SA   555,539    11,076,048 
Bank Millennium SA(a)   6,221,467    8,432,536 
Bank Polska Kasa Opieki SA(a)   1,565,576    40,853,602 
Budimex SA   121,661    9,877,821 
CCC SA(a)(b)   339,178    11,122,788 
CD Projekt SA(b)   590,013    27,031,573 
Cyfrowy Polsat SA   2,364,090    19,612,334 
Dino Polska SA(a)(c)   430,005    33,281,744 
Enea SA(a)   2,444,912    5,770,982 
Eurocash SA(a)(b)   875,088    3,596,764 
Grupa Azoty SA(a)(b)   421,039    3,948,596 
Grupa Lotos SA   817,289    11,528,509 
Jastrzebska Spolka Weglowa SA(a)(b)   506,405    5,029,217 
KGHM Polska Miedz SA(a)   1,214,488    66,721,021 
KRUK SA(a)   167,033    11,730,593 
LPP SA(a)   11,101    33,817,816 
mBank SA(a)   152,194    12,507,980 
Mercator Medical SA(a)(b)   45,461    3,031,970 
Orange Polska SA(a)   5,710,422    10,339,939 
PGE Polska Grupa Energetyczna SA(a)   7,294,934    19,814,263 
Polski Koncern Naftowy ORLEN SA   2,487,002    55,318,366 
Polskie Gornictwo Naftowe i Gazownictwo SA   14,745,480    26,422,007 
Powszechna Kasa Oszczednosci Bank Polski SA(a)   7,449,350    82,372,629 
Powszechny Zaklad Ubezpieczen SA(a)   5,012,272    50,506,460 
Santander Bank Polska SA(a)   295,881    21,448,975 
Tauron Polska Energia SA(a)   9,916,836    9,052,956 
TEN Square Games SA(b)   43,753    5,114,838 
Warsaw Stock Exchange   418,594    5,591,340 
         668,078,615 
Qatar — 0.6%          
Al Meera Consumer Goods Co. QSC   1,124,376    5,714,281 
Barwa Real Estate Co.   15,416,374    13,245,196 
Commercial Bank PSQC (The)   17,462,301    25,255,004 
Doha Bank QPSC   14,088,633    10,797,274 
Gulf International Services QSC(a)   9,161,385    3,697,037 
Industries Qatar QSC   14,959,310    52,312,976 
Masraf Al Rayan QSC   31,060,281    37,323,900 
Medicare Group   1,706,523    4,336,429 
Mesaieed Petrochemical Holding Co.   39,358,551    20,058,976 
Ooredoo QPSC   6,691,990    12,536,448 
Qatar Aluminum Manufacturing Co.   29,159,724    12,982,825 
Qatar Electricity & Water Co. QSC   4,491,080    19,431,148 
Qatar Fuel QSC   3,707,939    17,942,287 
Qatar Gas Transport Co. Ltd.   20,446,746    17,212,449 
Qatar Insurance Co. SAQ(a)   14,105,259    9,724,869 
Qatar International Islamic Bank QSC   6,906,583    17,798,566 
Qatar Islamic Bank SAQ   10,115,048    47,304,912 
Qatar National Bank QPSC   38,262,576    183,079,475 
Qatar National Cement Co. QSC   2,600,301    3,490,932 
Security  Shares   Value 
         
Qatar (continued)          
Qatar Navigation QSC   3,943,901   $7,844,483 
United Development Co. QSC   17,387,955    7,492,539 
Vodafone Qatar QSC   20,953,530    9,867,282 
         539,449,288 
Russia — 2.8%          
Aeroflot PJSC(a)   12,478,407    11,930,388 
Alrosa PJSC   22,441,080    35,912,397 
Credit Bank of Moscow PJSC(a)   141,165,683    12,771,958 
Detsky Mir PJSC(c)   5,655,586    11,763,496 
Gazprom PJSC   97,618,920    346,763,861 
Gazprom PJSC, ADR   1,420,655    10,086,105 
Inter RAO UES PJSC   319,473,705    22,058,913 
LSR Group PJSC   471,145    4,953,722 
LUKOIL PJSC   3,578,503    292,590,827 
Magnit PJSC, GDR(f)   2,897,806    44,249,498 
Mail.Ru Group Ltd., GDR(a)(f)   951,020    21,693,655 
MMC Norilsk Nickel PJSC   541,331    194,650,507 
Mobile TeleSystems PJSC, ADR   4,016,667    36,632,003 
Moscow Exchange MICEX-RTS PJSC   11,911,601    27,337,442 
Novatek PJSC, GDR(f)   784,239    156,120,059 
Novolipetsk Steel PJSC   11,232,308    40,099,022 
OGK-2 PJSC   303,050,000    3,400,000 
PhosAgro PJSC, GDR(f)   1,201,406    24,580,767 
Polymetal International PLC   2,647,929    62,792,224 
Polyus PJSC   283,622    61,395,912 
Rosneft Oil Co. PJSC   9,711,350    70,275,882 
Rostelecom PJSC(a)   8,206,251    11,544,473 
Sberbank of Russia PJSC   91,367,180    386,005,559 
Severstal PAO   1,820,764    41,828,691 
Sistema PJSFC, GDR(f)   1,502,478    12,916,754 
Sovcomflot OAO(a)   3,684,398    4,714,768 
Surgutneftegas PJSC   62,201,832    30,850,872 
Tatneft PJSC   12,009,385    81,428,171 
Unipro PJSC   152,850,470    6,042,311 
VTB Bank PJSC   9,062,750,000    6,019,513 
VTB Bank PJSC, GDR(f)   10,085,902    13,407,280 
X5 Retail Group NV, GDR(f)   1,069,239    32,416,484 
Yandex NV, Class A(a)   2,633,966    177,153,957 
         2,296,387,471 
Saudi Arabia — 2.7%          
Abdullah Al Othaim Markets Co.   417,913    14,345,907 
Advanced Petrochemical Co.   971,554    21,313,185 
Al Hammadi Co. for Development and Investment   716,385    6,530,474 
Al Rajhi Bank   10,475,757    288,532,485 
Aldrees Petroleum and Transport Services Co.   427,469    7,181,000 
Alinma Bank   8,417,161    45,104,736 
Almarai Co. JSC   2,048,287    30,126,917 
Alujain Holding(a)   379,718    5,761,204 
Arab National Bank   5,297,589    31,425,710 
Arabian Cement Co./Saudi Arabia   570,893    7,002,487 
Arriyadh Development Co.   1,417,176    8,978,629 
Bank AlBilad   3,275,781    33,051,052 
Bank Al-Jazira   3,797,696    18,751,290 
Banque Saudi Fransi   5,226,276    50,595,225 
Bupa Arabia for Cooperative Insurance Co.(a)   540,276    17,033,126 
City Cement Co.   1,066,693    8,845,851 
Co for Cooperative Insurance (The)   564,239    12,081,432 
Dallah Healthcare Co.   408,170    7,172,429 


 

15 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Saudi Arabia (continued)          
Dar Al Arkan Real Estate Development Co.(a)   4,536,947   $12,570,360 
Dr Sulaiman Al Habib Medical Services Group Co.   437,731    19,261,702 
Eastern Province Cement Co.   579,149    7,706,029 
Emaar Economic City(a)   4,287,805    12,922,639 
Etihad Etisalat Co.   3,206,588    28,297,079 
Fawaz Abdulaziz Al Hokair & Co.(a)   815,217    5,373,380 
Herfy Food Services Co.   402,376    6,835,135 
Jarir Marketing Co.   514,635    28,852,710 
Leejam Sports Co. JSC(a)   306,490    6,276,497 
Mobile Telecommunications Co.(a)   3,857,260    15,037,168 
Mouwasat Medical Services Co.   458,976    22,671,042 
National Agriculture Development Co. (The)(a)   668,457    7,263,245 
National Industrialization Co.(a)   3,233,559    16,197,409 
National Medical Care Co.   246,879    4,061,712 
National Petrochemical Co.   416,175    5,232,611 
Qassim Cement Co. (The)   465,745    10,556,183 
Rabigh Refining & Petrochemical Co.(a)   2,252,040    13,572,101 
Riyad Bank   11,760,592    82,470,919 
SABIC Agri-Nutrients Co.   1,775,798    48,759,660 
Sahara International Petrochemical Co.   3,296,460    25,431,627 
Saudi Airlines Catering Co.(a)   430,319    9,124,420 
Saudi Arabian Mining Co.(a)   3,706,674    58,625,266 
Saudi Arabian Oil Co.(c)   17,843,951    168,043,337 
Saudi Basic Industries Corp.   7,655,020    254,385,911 
Saudi British Bank (The)   6,843,247    55,961,059 
Saudi Cement Co.   658,903    11,543,211 
Saudi Electricity Co.   7,100,662    46,766,576 
Saudi Ground Services Co.(a)   507,804    4,989,688 
Saudi Industrial Investment Group   2,015,282    20,340,655 
Saudi Kayan Petrochemical Co.(a)   6,457,315    30,674,644 
Saudi National Bank   18,837,037    266,714,663 
Saudi Pharmaceutical Industries & Medical Appliances Corp.   767,108    9,491,050 
Saudi Research & Media Group(a)   382,848    12,378,823 
Saudi Telecom Co.   5,154,338    171,642,731 
Saudia Dairy & Foodstuff Co.   179,784    8,549,997 
Savola Group (The)   2,219,069    24,175,346 
Seera Group Holding(a)   1,746,281    10,027,981 
Southern Province Cement Co.   611,920    14,195,598 
United Electronics Co.   337,567    10,971,369 
United International Transportation Co.   664,240    7,655,616 
Yamama Cement Co.   1,190,650    10,858,004 
Yanbu Cement Co.   873,205    10,268,206 
Yanbu National Petrochemical Co.   2,220,537    41,308,307 
         2,251,874,805 
South Africa — 3.8%          
Absa Group Ltd.(a)   6,139,150    63,787,687 
Adcock Ingram Holdings Ltd.   679,912    2,228,015 
AECI Ltd.   1,150,005    8,486,568 
African Rainbow Minerals Ltd.   1,051,612    20,293,202 
Alexander Forbes Group Holdings Ltd.   6,046,249    1,759,308 
Anglo American Platinum Ltd.   461,203    60,811,652 
AngloGold Ashanti Ltd.   3,530,644    87,184,650 
Aspen Pharmacare Holdings Ltd.(a)   3,259,834    38,083,140 
Astral Foods Ltd.   433,224    4,550,396 
AVI Ltd.   2,435,555    12,954,281 
Barloworld Ltd.(a)   1,746,739    15,006,904 
Bid Corp. Ltd.(a)   2,842,492    59,903,489 
Bidvest Group Ltd. (The)   2,398,614    33,803,711 
Security  Shares   Value 
         
South Africa (continued)          
Capitec Bank Holdings Ltd.   648,969   $78,491,285 
Clicks Group Ltd.   2,116,740    39,550,879 
Coronation Fund Managers Ltd.   2,654,468    10,458,965 
DataTec Ltd.(a)   1,859,316    4,203,994 
Dis-Chem Pharmacies Ltd.(a)(c)   2,861,596    6,326,917 
Discovery Ltd.(a)(b)   3,511,230    35,819,960 
Distell Group Holdings Ltd.(a)   646,379    7,958,464 
DRDGOLD Ltd.   4,278,071    5,443,664 
Equites Property Fund Ltd.   4,433,456    5,871,062 
Exxaro Resources Ltd.   2,211,416    24,687,626 
FirstRand Ltd.   40,777,556    165,785,909 
Fortress REIT Ltd., Series A   11,560,532    11,995,690 
Foschini Group Ltd. (The)(a)   2,875,446    27,634,842 
Gold Fields Ltd.   7,616,815    96,050,032 
Growthpoint Properties Ltd.   28,066,111    29,428,049 
Harmony Gold Mining Co. Ltd.   4,768,488    25,511,449 
Impala Platinum Holdings Ltd.   6,823,555    124,018,598 
Imperial Logistics Ltd.   1,559,927    5,631,301 
Investec Ltd.   2,679,834    11,148,002 
JSE Ltd.   896,639    7,480,206 
KAP Industrial Holdings Ltd.(a)   26,642,976    8,893,075 
Kumba Iron Ore Ltd.   559,168    25,945,737 
Liberty Holdings Ltd.(a)   1,146,434    5,511,202 
Life Healthcare Group Holdings Ltd.(a)   11,372,261    17,906,798 
Massmart Holdings Ltd.(a)(b)   1,066,182    5,037,214 
Momentum Metropolitan Holdings(b)   8,430,975    11,911,190 
Motus Holdings Ltd.   1,462,017    10,078,303 
Mr. Price Group Ltd.   2,178,547    36,880,183 
MTN Group Ltd.(a)   14,500,799    104,610,320 
MultiChoice Group   3,515,444    35,158,904 
Naspers Ltd., Class N   3,697,106    818,745,558 
Nedbank Group Ltd.   3,186,911    37,634,987 
NEPI Rockcastle PLC   3,580,642    24,986,873 
Netcare Ltd.(a)   9,874,549    10,640,330 
Ninety One Ltd.   1,376,755    4,545,477 
Northam Platinum Ltd.(a)   3,147,051    53,220,283 
Oceana Group Ltd.   762,020    3,981,166 
Old Mutual Ltd.   41,035,189    42,568,200 
Pick n Pay Stores Ltd.   2,878,898    12,147,513 
PSG Group Ltd.   1,481,862    8,466,708 
Rand Merchant Investment Holdings Ltd.   6,867,609    16,118,567 
Redefine Properties Ltd.(a)   49,986,853    15,016,578 
Reinet Investments SCA   1,345,048    27,871,591 
Remgro Ltd.   4,292,705    37,285,465 
Resilient REIT Ltd.(b)   3,135,662    11,251,409 
Reunert Ltd.   1,724,010    6,630,910 
Royal Bafokeng Platinum Ltd.   1,259,151    9,305,726 
Sanlam Ltd.   15,234,500    65,734,030 
Santam Ltd.(a)   130,478    2,556,114 
Sappi Ltd.(a)   5,025,560    15,714,728 
Sasol Ltd.(a)   4,833,467    78,582,161 
Shoprite Holdings Ltd.   4,230,574    47,462,244 
Sibanye Stillwater Ltd.   23,569,006    111,592,451 
SPAR Group Ltd. (The)   1,566,593    21,724,560 
Standard Bank Group Ltd.   10,844,733    106,717,761 
Steinhoff International Holdings NV(a)(b)   36,616,661    4,968,574 
Super Group Ltd./South Africa(a)   3,782,251    8,645,145 
Telkom SA SOC Ltd.   2,762,580    9,531,841 
Tiger Brands Ltd.   1,371,363    22,021,415 
Transaction Capital Ltd.(a)   3,677,389    9,742,329 


 

16 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
South Africa (continued)          
Truworths International Ltd.   3,573,381   $14,248,148 
Vodacom Group Ltd.   5,336,201    50,658,610 
Vukile Property Fund Ltd.   7,231,680    5,273,715 
Wilson Bayly Holmes-Ovcon Ltd.(a)   594,870    5,021,836 
Woolworths Holdings Ltd.(a)   8,334,061    33,734,738 
Zeder Investments Ltd.   12,940,523    3,023,563 
         3,151,654,127 
South Korea — 12.9%          
ABLBio Inc.(a)(b)   284,373    5,335,577 
Ace Technologies Corp.(a)(b)   314,929    4,793,538 
Advanced Process Systems Corp.(b)   126,719    3,304,067 
AfreecaTV Co. Ltd.(b)   91,075    8,033,806 
Ahnlab Inc.(b)   77,958    4,746,562 
Alteogen Inc.(a)(b)   245,283    16,064,650 
Amicogen Inc.(a)(b)   161,776    5,190,223 
Amorepacific Corp.   273,178    70,220,446 
AMOREPACIFIC Group(b)   245,535    17,067,081 
Ananti Inc.(a)(b)   557,185    4,972,192 
Aprogen KIC Inc.(a)   1,498,598    2,897,543 
AptaBio Therapeutics Inc.(a)   67,429    3,817,909 
BGF retail Co. Ltd.   76,748    12,485,715 
BH Co. Ltd.(b)   249,701    4,183,042 
Binex Co. Ltd.(a)(b)   280,707    5,672,750 
Binggrae Co. Ltd.(b)   57,105    3,216,337 
BNK Financial Group Inc.   2,189,538    15,597,894 
Boditech Med Inc.   164,778    2,989,701 
Boryung Pharmaceutical Co. Ltd.(b)   242,558    4,910,644 
Bukwang Pharmaceutical Co. Ltd.(b)   382,161    7,247,852 
Cafe24 Corp.(a)(b)   147,723    4,122,361 
Cellid Co. Ltd.(a)   41,817    3,239,136 
Cellivery Therapeutics Inc.(a)(b)   113,945    9,991,076 
Celltrion Healthcare Co. Ltd.(a)(b)   689,345    74,607,782 
Celltrion Inc.(a)(b)   818,817    201,325,834 
Celltrion Pharm Inc.(a)(b)   140,647    17,537,843 
Chabiotech Co. Ltd.(a)(b)   434,866    7,640,299 
Cheil Worldwide Inc.   568,053    13,185,818 
Chong Kun Dang Pharmaceutical Corp.(b)   62,853    7,352,734 
Chongkundang Holdings Corp.   27,824    2,730,186 
Chunbo Co. Ltd.(b)   43,097    6,464,278 
CJ CGV Co. Ltd.(a)(b)   222,524    6,661,638 
CJ CheilJedang Corp.   71,206    31,178,502 
CJ Corp.   126,730    13,003,022 
CJ ENM Co. Ltd.   87,480    12,958,661 
CJ Logistics Corp.(a)   74,734    11,391,938 
CMG Pharmaceutical Co. Ltd.(a)(b)   1,173,505    4,874,813 
Com2uSCorp.(b)   89,630    10,394,528 
Cosmax Inc.(a)(b)   70,122    7,945,643 
CosmoAM&T Co. Ltd.(a)   164,201    3,697,784 
Coway Co. Ltd.   423,193    31,578,040 
Creative & Innovative System(a)   307,927    3,281,490 
CrystalGenomics Inc.(a)(b)   586,569    4,292,696 
CS Wind Corp.(b)   192,077    13,088,872 
Cuckoo Holdings Co. Ltd.(b)   16,483    2,059,574 
Cuckoo Homesys Co. Ltd.   64,252    2,961,969 
Daea TI Co. Ltd.(b)   653,561    3,640,745 
Daeduck Electronics Co. Ltd./New   354,564    4,798,497 
Daejoo Electronic Materials Co. Ltd.(b)   121,514    4,863,817 
Daesang Corp.   195,972    5,249,082 
Daewoo Engineering & Construction Co. Ltd.(a)(b)   1,629,449    12,152,558 
Security  Shares   Value 
         
South Korea (continued)          
Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)(b)   338,655   $10,221,102 
Daewoong Co. Ltd.(b)   207,341    6,842,067 
Daewoong Pharmaceutical Co. Ltd.(b)   48,286    6,655,698 
Daishin Securities Co. Ltd.   397,561    6,622,663 
Daou Technology Inc.   274,698    6,737,799 
DB HiTek Co. Ltd.(b)   323,251    14,942,593 
DB Insurance Co. Ltd.   409,116    18,590,001 
Devsisters Co. Ltd.(a)   40,411    4,137,686 
DGB Financial Group Inc.   1,489,218    12,632,402 
Digital Power Communications Co. Ltd.   254,018    3,487,828 
DL E&C Co. Ltd.(a)(b)   124,397    15,007,911 
DL Holdings Co. Ltd.(b)   100,196    7,368,662 
Dong-A Socio Holdings Co. Ltd.   36,761    4,112,248 
Dong-A ST Co. Ltd.   68,972    5,331,609 
Dongjin Semichem Co. Ltd.(b)   331,023    8,482,385 
DongKook Pharmaceutical Co. Ltd.(b)   271,935    7,016,984 
Dongkuk Steel Mill Co. Ltd.(b)   576,521    11,858,589 
Dongsuh Cos. Inc.(b)   292,338    7,853,970 
Dongwon F&B Co. Ltd.   10,578    2,237,615 
Dongwon Industries Co. Ltd.   14,003    3,705,573 
Doosan Bobcat Inc.(a)   441,137    20,272,882 
Doosan Fuel Cell Co. Ltd.(a)   345,282    13,599,653 
Doosan Heavy Industries & Construction Co. Ltd.(a)(b)   1,781,371    31,782,207 
Doosan Infracore Co. Ltd.(a)(b)   1,246,733    14,456,975 
DoubleUGames Co. Ltd.(b)   103,202    6,252,719 
Douzone Bizon Co. Ltd.   174,348    12,910,479 
Duk San Neolux Co. Ltd.(a)   118,302    4,492,401 
Echo Marketing Inc.(b)   188,995    4,304,586 
Ecopro BM Co. Ltd.(b)   87,739    13,811,927 
Ecopro Co. Ltd.(b)   173,182    7,593,885 
Ecopro HN Co. Ltd.(a)(b)   35,432    4,876,546 
E-MART Inc.   160,330    22,859,909 
Enzychem Lifesciences Corp.(a)(b)   71,692    6,422,125 
Eo Technics Co Ltd.(b).   88,057    8,936,864 
Eone Diagnomics Genome Center Co. Ltd.(a)   600,767    2,687,544 
Eubiologics Co. Ltd.(a)   287,788    12,268,520 
Eugene Corp.(b)   440,758    2,334,503 
Eugene Technology Co. Ltd.   84,644    3,530,751 
Eutilex Co. Ltd.(a)(b)   81,819    2,540,753 
F&F Co. Ltd./New(a)(b)   31,762    12,801,057 
Fila Holdings Corp.   431,135    21,041,327 
Foosung Co. Ltd.(a)(b)   590,093    5,313,181 
GemVax & Kael Co. Ltd.(a)   318,721    6,671,818 
Geneone Life Science Inc.(a)   407,492    8,341,315 
Genexine Inc.(a)(b)   163,636    14,828,690 
Grand Korea Leisure Co. Ltd.(a)(b)   339,211    5,767,878 
Green Cross Cell Corp.   83,981    3,110,327 
Green Cross Corp.(b)   50,528    15,459,277 
Green Cross Holdings Corp.(b)   191,737    5,889,102 
Green Cross LabCell Corp.   42,905    3,815,858 
GS Engineering & Construction Corp.   486,963    19,519,548 
GS Holdings Corp.   399,591    16,502,541 
GS Home Shopping Inc.   30,671    4,360,233 
GS Retail Co. Ltd.(b)   270,350    9,506,206 
G-treeBNT Co. Ltd.(a)   54,026    546,664 
Halla Holdings Corp.   77,795    3,101,539 
Hana Financial Group Inc.   2,557,913    106,712,058 
Hana Tour Service Inc.(a)(b)   100,449    8,070,390 


 

17 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
South Korea (continued)          
Hanall Biopharma Co. Ltd.(a)(b)   305,286   $6,031,246 
Handsome Co. Ltd.   130,961    5,261,273 
Hanil Cement Co. Ltd./New   19,989    2,964,800 
Hanjin Transportation Co. Ltd.   71,387    2,599,759 
Hankook & Co. Co. Ltd.(b)   257,448    4,694,449 
Hankook Shell Oil Co. Ltd.   799    193,963 
Hankook Tire & Technology Co. Ltd.   616,092    26,971,043 
Hanmi Pharm Co. Ltd.   55,844    17,805,948 
Hanmi Semiconductor Co. Ltd.   195,775    5,722,471 
Hanon Systems   1,596,470    24,219,904 
Hansae Co. Ltd.(b)   190,456    4,483,540 
Hansol Chemical Co. Ltd.   82,114    18,321,157 
Hanssem Co. Ltd.(b)   103,086    10,024,178 
Hanwha Aerospace Co. Ltd.   321,909    13,496,198 
Hanwha Corp.   355,496    10,006,153 
Hanwha Investment & Securities Co. Ltd.(a)   545,062    2,300,666 
Hanwha Life Insurance Co. Ltd.(b)   3,043,961    10,487,757 
Hanwha Solutions Corp.(a)   1,034,439    41,730,459 
Hanwha Systems Co. Ltd.(b)   348,924    5,404,873 
HDC Holdings Co. Ltd.(b)   347,131    4,400,243 
HDC Hyundai Development Co-Engineering & Construction, Class E(b)   379,594    10,071,835 
Helixmith Co. Ltd.(a)(b)   287,809    8,143,865 
HFR Inc.(a)   62,092    1,278,879 
Hite Jinro Co. Ltd.(b)   312,622    11,090,810 
HLB Inc.(a)(b)   799,336    24,625,551 
HLB Life Science Co. Ltd.(a)(b)   765,788    7,077,108 
HMM Co. Ltd.(a)(b)   2,197,957    94,295,435 
Hotel Shilla Co. Ltd.(b)   254,812    23,174,717 
HS Industries Co. Ltd.   414,778    3,055,190 
Huchems Fine Chemical Corp.   177,920    3,502,424 
Hugel Inc.(a)(b)   57,189    10,294,007 
Huons Co. Ltd.(b)   93,339    5,278,614 
Huons Global Co. Ltd.(b)   72,886    4,563,579 
Hwaseung Enterprise Co. Ltd.(b)   202,799    3,488,251 
HYBE Co. Ltd.(a)   60,229    14,304,011 
Hyosung Advanced Materials Corp.(a)   26,509    8,934,664 
Hyosung Chemical Corp.(a)   19,204    5,994,609 
Hyosung Corp.(b)   91,702    8,082,885 
Hyosung TNC Corp.(b)   22,850    14,418,942 
Hyundai Autoever Corp.   32,759    3,310,016 
Hyundai Bioscience Co. Ltd.(a)(b)   308,377    10,136,345 
Hyundai Construction Equipment Co. Ltd.(a)   129,792    6,711,516 
Hyundai Department Store Co. Ltd.(b)   114,284    9,531,553 
Hyundai Elevator Co. Ltd.   244,532    11,873,559 
Hyundai Engineering & Construction Co. Ltd.   631,794    32,475,248 
Hyundai Glovis Co. Ltd.   160,424    27,129,386 
Hyundai Greenfood Co. Ltd.(b)   683,065    6,913,815 
Hyundai Heavy Industries Holdings Co. Ltd.   402,801    25,440,727 
Hyundai Home Shopping Network Corp.   55,053    4,635,777 
Hyundai Marine & Fire Insurance Co. Ltd.(b)   510,331    11,164,331 
Hyundai Mipo Dockyard Co. Ltd.(a)(b)   216,489    16,414,568 
Hyundai Mobis Co. Ltd.   561,233    140,639,706 
Hyundai Motor Co.   1,190,046    250,173,683 
Hyundai Rotem Co. Ltd.(a)(b)   602,936    11,444,904 
Hyundai Steel Co.   737,472    35,245,805 
Hyundai Wia Corp.(b)   144,302    10,903,653 
Iljin Materials Co. Ltd.   206,291    12,142,524 
Ilyang Pharmaceutical Co. Ltd.(b)   131,092    4,484,901 
Industrial Bank of Korea   1,949,467    18,866,305 
Security  Shares   Value 
         
South Korea (continued)          
Innocean Worldwide Inc.   84,858   $5,100,324 
Innox Advanced Materials Co. Ltd.(a)(b)   84,597    4,529,398 
iNtRON Biotechnology Inc.(a)(b)   267,816    5,496,108 
IS Dongseo Co. Ltd.   160,250    8,615,533 
ITM Semiconductor Co. Ltd.(b)   85,841    3,382,097 
JB Financial Group Co. Ltd.   1,049,696    7,235,228 
JW Pharmaceutical Corp.(b)   170,381    4,427,690 
JYP Entertainment Corp.(b)   274,662    9,734,810 
Kakao Corp.   2,615,404    288,277,729 
Kangwon Land Inc.(a)   879,529    22,682,767 
KB Financial Group Inc.   3,352,604    177,197,625 
KCC Corp.(b)   43,562    11,991,599 
KCC Glass Corp.   53,603    3,078,170 
KEPCO Engineering & Construction Co. Inc.(b)   145,865    7,594,394 
KEPCO Plant Service & Engineering Co. Ltd.   214,769    8,863,689 
Kginicis Co. Ltd.(b)   228,818    4,500,917 
KH FEELUX Co. Ltd.(a)(b)   972,343    2,824,926 
Kia Corp.   2,236,983    171,023,228 
KIWOOM Securities Co. Ltd.(b)   110,634    12,095,442 
KMW Co. Ltd.(a)(b)   232,044    11,325,040 
Koentec Co. Ltd.   412,937    3,443,402 
Koh Young Technology Inc.(b)   528,273    12,072,206 
Kolmar BNH Co. Ltd.(b)   109,104    5,177,561 
Kolmar Korea Co. Ltd.(b)   132,486    7,072,566 
Kolon Industries Inc.(b)   156,256    8,722,860 
Komipharm International Co. Ltd.(a)(b)   372,514    3,406,317 
KONA I Co. Ltd.(a)   75,639    2,977,305 
Korea Aerospace Industries Ltd.   628,317    19,192,350 
Korea Electric Power Corp.   2,060,913    47,637,432 
Korea Investment Holdings Co. Ltd.   361,989    33,688,316 
Korea Line Corp.(a)   1,117,887    3,358,957 
Korea Petrochemical Ind. Co Ltd.(b)   29,708    7,091,944 
Korea REIT & Trust Co. Ltd.   2,027,647    4,390,007 
Korea Shipbuilding & Offshore Engineering Co. Ltd.(a)   327,768    41,872,544 
Korea United Pharm Inc.   100,411    4,889,653 
Korea Zinc Co. Ltd.   69,792    28,239,619 
Korean Air Lines Co. Ltd.(a)   1,321,740    37,858,927 
Korean Reinsurance Co.   806,761    7,084,214 
KT Skylife Co. Ltd.   248,943    2,223,544 
KT&G Corp.   939,667    71,023,565 
Kuk-Il Paper Manufacturing Co. Ltd.(a)(b)   944,496    5,165,012 
Kumho Petrochemical Co. Ltd.   156,930    32,514,833 
Kumho Tire Co. Inc.(a)(b)   879,186    4,042,591 
Kwang Dong Pharmaceutical Co. Ltd.   409,991    3,344,645 
Kyung Dong Navien Co. Ltd.   77,563    4,363,341 
L&C Bio Co. Ltd.(b)   147,108    4,055,400 
L&F Co. Ltd.(b)   156,992    12,454,757 
LEENO Industrial Inc.(b)   91,131    13,352,325 
LegoChem Biosciences Inc.(a)(b)   188,544    8,253,810 
LEMON Co. Ltd./Korea(a)   53,036    387,635 
LF Corp.   192,677    3,623,771 
LG Chem Ltd.   389,780    285,939,528 
LG Corp.   744,505    67,390,717 
LG Display Co. Ltd.(a)(b)   1,954,681    42,133,283 
LG Electronics Inc.   904,797    123,314,182 
LG Hausys Ltd.(b)   66,511    5,595,275 
LG Household & Health Care Ltd.   78,173    109,192,154 
LG Innotek Co. Ltd.   120,786    22,152,927 
LG International Corp.   302,740    8,402,950 


 

18 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
South Korea (continued)          
LG Uplus Corp.   1,726,451   $23,353,451 
LIG Nex1 Co. Ltd.(b)   143,801    5,705,366 
Lock&Lock Co. Ltd.(a)(b)   257,123    3,269,618 
Lotte Chemical Corp.   142,927    35,740,089 
Lotte Chilsung Beverage Co. Ltd.(b)   45,511    6,698,816 
Lotte Confectionery Co. Ltd.   16,891    2,320,899 
LOTTE Fine Chemical Co. Ltd.   187,508    11,145,064 
LOTTE Himart Co. Ltd.   92,001    3,207,671 
LOTTE Reit Co. Ltd.   1,677,973    8,950,589 
Lotte Shopping Co. Ltd.   87,711    9,541,616 
Lotte Tour Development Co. Ltd.(a)(b)   376,887    7,470,824 
LS Corp.(b)   154,799    9,672,343 
LS Electric Co. Ltd.(b)   173,960    8,853,296 
LX Holdings Corp.(a)   361,036    3,544,646 
Maeil Dairies Co. Ltd.(b)   43,365    3,072,227 
Mando Corp.(a)(b)   283,652    16,827,208 
Mcnex Co. Ltd.(b)   123,713    5,375,099 
Medipost Co. Ltd.(a)(b)   179,264    5,187,551 
MedPacto Inc.(a)(b)   120,557    8,572,540 
Medy-Tox Inc.(b)   45,508    6,938,050 
MegaStudyEdu Co. Ltd.(b)   83,485    4,878,975 
Meritz Financial Group Inc.   331,662    5,560,473 
Meritz Fire & Marine Insurance Co. Ltd.   491,791    7,861,866 
Meritz Securities Co. Ltd.   2,373,398    9,545,401 
Mezzion Pharma Co. Ltd.(a)(b)   64,862    8,285,808 
Mirae Asset Life Insurance Co. Ltd.   724,531    2,651,623 
Mirae Asset Securities Co. Ltd.   2,501,115    22,176,393 
Namhae Chemical Corp.(b)   258,327    2,225,900 
Naturecell Co. Ltd.(a)(b)   501,484    6,399,918 
NAVER Corp.   1,048,743    340,712,239 
NCSoft Corp.   141,211    109,934,000 
NEPES Corp.(a)(b)   186,214    6,191,657 
Netmarble Corp.(b)(c)   186,223    23,300,055 
Nexen Tire Corp.   293,885    2,202,500 
NH Investment & Securities Co. Ltd.   922,423    10,864,302 
NHN Corp.(a)   106,371    6,978,183 
NHN KCP Corp.(a)   161,038    7,237,694 
NICE Holdings Co. Ltd..   228,322    3,860,262 
NICE Information Service Co. Ltd.(b)   353,894    7,308,786 
NKMax Co. Ltd.(a)(b)   373,260    4,789,969 
NongShim Co. Ltd.   28,594    7,726,586 
OCI Co. Ltd.(a)(b)   169,267    19,280,644 
OptoElectronics Solutions Co. Ltd.(b)   98,507    3,858,326 
Orion Corp./Republic of Korea   206,373    22,098,101 
Orion Holdings Corp.   240,821    3,712,682 
Oscotec Inc.(a)(b)   218,205    7,592,377 
Osstem Implant Co. Ltd.   107,996    8,536,084 
Ottogi Corp.(b)   12,460    6,095,962 
Pan Ocean Co. Ltd.(b)   2,478,307    15,126,365 
Paradise Co. Ltd.(a)(b)   470,388    8,370,011 
Park Systems Corp.   24,371    3,106,085 
Partron Co. Ltd.(b).   362,122    3,391,341 
Pearl Abyss Corp.(a)(b)   259,713    14,111,617 
PharmaResearch Co. Ltd.(b)   54,145    4,084,897 
Pharmicell Co. Ltd.(a)   536,490    8,188,458 
PI Advanced Materials Co. Ltd.(b)   173,121    6,999,408 
Poongsan Corp.   269,536    9,719,082 
POSCO   625,328    198,883,272 
POSCO Chemical Co. Ltd.(b)   254,575    33,074,060 
Posco ICT Co. Ltd.(b)   602,410    4,382,246 
Security  Shares   Value 
         
South Korea (continued)          
Posco International Corp.   430,534   $7,980,487 
RFHIC Corp.(b)   155,356    5,415,708 
S&S Tech Corp.   181,018    4,732,495 
S-1 Corp.   137,359    9,975,862 
Sam Chun Dang Pharm Co. Ltd.(a)(b)   136,356    6,488,278 
Sam Kang M&T Co. Ltd.(a)   245,491    4,248,174 
Samjin Pharmaceutical Co. Ltd.(b)   248,095    5,790,841 
Samsung Biologics Co. Ltd.(a)(b)(c)   141,096    107,012,739 
Samsung C&T Corp.   710,372    88,122,319 
Samsung Electro-Mechanics Co. Ltd.   471,542    72,094,140 
Samsung Electronics Co. Ltd.(b)   40,466,746    2,919,218,319 
Samsung Engineering Co. Ltd.(a)   1,321,505    22,397,553 
Samsung Fire & Marine Insurance Co. Ltd.   258,949    49,056,560 
Samsung Heavy Industries Co. Ltd.(a)(b)   3,961,534    21,474,215 
Samsung Life Insurance Co. Ltd.   592,547    44,465,237 
Samsung SDI Co. Ltd.   468,771    258,547,108 
Samsung SDS Co. Ltd.   295,548    48,067,777 
Samsung Securities Co. Ltd.   517,515    21,995,521 
Samwha Capacitor Co. Ltd.(b)   92,547    4,948,375 
Samyang Foods Co. Ltd.(b)   47,304    3,823,214 
Samyang Holdings Corp.(b)   59,502    6,058,722 
Sebang Global Battery Co. Ltd.(b)   68,012    5,747,883 
Seegene Inc.(b)   318,427    19,365,477 
Seobu T&D(b)   406,530    3,280,355 
Seojin System Co. Ltd.(a)(b)   125,450    4,860,270 
Seoul Semiconductor Co. Ltd.(b)   392,649    6,965,853 
SFA Engineering Corp.   162,083    6,156,046 
SFA Semicon Co. Ltd.(a)(b)   834,268    5,433,072 
Shin Poong Pharmaceutical Co. Ltd.(b)   267,144    15,488,165 
Shinhan Financial Group Co. Ltd.   3,669,418    139,883,832 
Shinsegae Inc.   60,815    17,511,884 
Shinsegae International Inc.(b)   28,320    5,986,386 
Shinsung E&G Co. Ltd.(a)   1,696,015    4,363,293 
Silicon Works Co. Ltd.   120,572    11,619,366 
SillaJen Inc.(a)(b)(d)   540,819    5,867,399 
SK Biopharmaceuticals Co. Ltd.(a)(b)   221,840    22,561,080 
SK Chemicals Co. Ltd.   66,778    15,176,707 
SK D&D Co. Ltd.   77,768    2,560,644 
SK Discovery Co. Ltd.(b)   92,533    4,315,764 
SK Gas Ltd.   40,883    4,011,258 
SK Holdings Co. Ltd.   271,525    64,389,039 
SK Hynix Inc.   4,626,508    527,028,673 
SK Innovation Co. Ltd.(a)   435,765    103,360,795 
SK Materials Co. Ltd.(b)   40,626    11,672,185 
SK Networks Co. Ltd.   1,327,354    7,209,170 
SK Telecom Co. Ltd.   325,356    92,806,312 
SKC Co. Ltd.(b)   177,549    20,250,645 
SL Corp.(b)   139,072    4,133,195 
SM Entertainment Co. Ltd.(a)(b)   191,798    7,503,292 
SNT Motiv Co. Ltd.   86,147    4,964,924 
S-Oil Corp.(a)   378,358    31,720,399 
Solid Inc.(a)   488,769    3,131,102 
SOLUM Co. Ltd.(a)   197,300    4,806,064 
Solus Advanced Materials Co Ltd.   120,163    5,438,557 
Songwon Industrial Co. Ltd.   139,791    2,568,452 
Soulbrain Co. Ltd./New(b)   39,899    11,742,817 
Soulbrain Holdings Co. Ltd.(a)(b)   51,634    1,726,729 
ST Pharm Co. Ltd.(a)(b)   90,749    9,257,259 
Taeyoung Engineering & Construction Co. Ltd.(b)191,511    2,255,995 


 

19 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
South Korea (continued)          
Telcon RF Pharmaceutical Inc.(a)(b)   787,543   $3,364,730 
Tera Resource Co. Ltd.(a)(d)   49,111    0(e)
TES Co. Ltd./Korea(b)   184,245    5,094,199 
Theragen Etex Co. Ltd.(a)   164,006    1,220,005 
Tokai Carbon Korea Co. Ltd.(b)   52,967    8,171,952 
Tongyang Inc.   1,065,118    1,346,710 
Tongyang Life Insurance Co. Ltd.   753,110    3,814,040 
TY Holdings Co. Ltd./Korea(a)(b)   199,300    5,098,688 
Unison Co. Ltd.(a)   1,146,067    4,362,741 
Vaxcell-Bio Therapeutics Co. Ltd.(a)   81,480    7,280,184 
Vieworks Co. Ltd.   88,121    2,942,057 
Webzen Inc.(a)(b)   164,515    4,733,832 
Wemade Co. Ltd.(b)   111,200    5,873,095 
Wonik Holdings Co. Ltd.(a)(b)   446,640    2,650,790 
WONIK IPS Co. Ltd.(b)   286,241    12,932,772 
Woori Financial Group Inc.   4,521,364    45,155,327 
Woori Investment Bank Co. Ltd.(b)   3,425,208    2,824,095 
Woori Technology Investment Co. Ltd.(a)   514,545    4,190,755 
YG Entertainment Inc.(a)(b)   109,641    4,995,609 
Youlchon Chemical Co. Ltd.(b)   106,108    2,131,725 
Youngone Corp.(b)   202,092    8,557,152 
Youngone Holdings Co. Ltd.   63,948    2,942,721 
Yuanta Securities Korea Co. Ltd.   1,145,236    4,669,773 
Yuhan Corp.(b)   415,111    24,414,664 
Yungjin Pharmaceutical Co. Ltd.(a)(b)   898,128    4,994,699 
Yuyang DNU Co. Ltd.(a)(b)(d)   278,963    305,151 
Zinus Inc.(b)   95,033    8,896,956 
         10,656,420,260 
Taiwan — 14.6%          
AcBel Polytech Inc.(b)   7,734,000    7,346,949 
Accton Technology Corp.   4,458,000    49,478,197 
Acer Inc.(b)   26,374,872    30,275,558 
ADATA Technology Co. Ltd.(b)   2,192,820    8,084,991 
Adimmune Corp.(a)(b).   2,612,000    4,924,482 
Advanced Ceramic X Corp.(b)   403,000    7,002,031 
Advanced Wireless Semiconductor Co.(b)   1,521,000    7,691,207 
Advantech Co. Ltd.(b)   3,178,110    37,790,396 
Airtac International Group   1,019,880    36,665,584 
Alchip Technologies Ltd.(b)   587,000    12,312,295 
AmTRAN Technology Co. Ltd.(a)(b)   8,881,000    5,743,879 
Andes Technology Corp.   279,000    4,579,903 
AP Memory Technology Corp.(b)   399,000    10,258,054 
Arcadyan Technology Corp.(b)   1,312,391    4,578,667 
Ardentec Corp.(b)   4,516,546    6,915,955 
ASE Technology Holding Co. Ltd.(b)   28,608,222    114,739,113 
Asia Cement Corp.(b)   17,116,050    32,053,152 
Asia Optical Co. Inc.(b)   2,553,000    7,530,479 
Asia Pacific Telecom Co. Ltd.(a)   17,889,173    5,611,823 
Asia Vital Components Co. Ltd.(b)   2,724,000    7,200,355 
ASMedia Technology Inc.(b)   254,000    13,812,348 
ASPEED Technology Inc.(b)   190,000    15,180,026 
ASROCK Inc.(b)   505,000    2,949,236 
Asustek Computer Inc.(b)   5,985,000    85,122,125 
AU Optronics Corp.(a)(b)   70,131,000    64,842,128 
AURAS Technology Co. Ltd.(b)   595,000    3,788,887 
Bank of Kaohsiung Co. Ltd.(b)   26,223,829    10,312,508 
BES Engineering Corp.(b)   16,675,000    5,399,746 
Bizlink Holding Inc.(b)   1,053,926    9,236,921 
Brighton-Best International Taiwan Inc.(b)   4,619,000    5,560,878 
Capital Securities Corp.(b)   22,936,050    14,433,390 
Security  Shares   Value 
         
Taiwan (continued)          
Career Technology MFG. Co. Ltd.(b)   4,460,498   $4,727,984 
Catcher Technology Co. Ltd.(b)   5,430,000    35,945,738 
Cathay Financial Holding Co. Ltd.   63,807,872    128,438,464 
Cathay Real Estate Development Co. Ltd.(b)   7,865,900    5,614,224 
Center Laboratories Inc.(b)   3,030,070    7,394,810 
Century Iron & Steel Industrial Co. Ltd.(b)   1,446,000    5,747,931 
Chailease Holding Co. Ltd.   10,828,782    81,397,144 
Chang Hwa Commercial Bank Ltd.(b)   42,786,121    25,974,411 
Charoen Pokphand Enterprise(b)   1,639,000    4,699,672 
Cheng Loong Corp.(b)   7,100,000    10,566,946 
Cheng Shin Rubber Industry Co. Ltd.   13,663,650    22,967,414 
Cheng Uei Precision Industry Co. Ltd.(b)   3,278,000    4,746,273 
Chicony Electronics Co. Ltd.   4,556,787    12,766,125 
Chicony Power Technology Co. Ltd.(b)   1,103,000    2,752,400 
Chief Telecom Inc.(b)   257,000    2,876,434 
Chilisin Electronics Corp.(b)   2,123,000    7,611,459 
China Airlines Ltd.(a)   22,071,000    13,908,279 
China Bills Finance Corp.(b)   14,851,000    8,509,097 
China Development Financial Holding Corp.(b)   110,305,000    49,441,623 
China General Plastics Corp.(b)   5,229,892    6,690,535 
China Life Insurance Co. Ltd.   18,435,329    16,440,566 
China Man-Made Fiber Corp.(a)(b)   17,435,514    6,375,109 
China Metal Products(b)   4,207,146    5,030,260 
China Motor Corp.(a)(b)   2,234,800    5,527,844 
China Petrochemical Development Corp.(b)   28,045,245    13,168,334 
China Steel Chemical Corp.   1,213,000    4,696,811 
China Steel Corp.(b)   99,031,529    131,842,015 
Chin-Poon Industrial Co. Ltd.(b)   4,193,000    4,360,812 
Chipbond Technology Corp.(b)   4,986,000    12,245,373 
ChipMOS Technologies Inc.(b)   5,603,000    9,180,356 
Chlitina Holding Ltd.(b)   458,000    3,458,631 
Chong Hong Construction Co. Ltd.(b)   1,522,122    4,325,077 
Chroma ATE Inc.(b)   2,970,000    20,126,913 
Chung Hung Steel Corp.(a)(b)   7,940,000    15,000,603 
Chung-Hsin Electric & Machinery Manufacturing Corp.(b)   3,562,000    6,569,614 
Chunghwa Precision Test Tech Co. Ltd.(b)   171,000    4,193,759 
Chunghwa Telecom Co. Ltd.   30,405,000    124,564,122 
Cleanaway Co. Ltd.   794,000    4,923,212 
Clevo Co.(b)   4,479,175    4,824,783 
CMC Magnetics Corp.(b)   15,549,640    5,734,042 
Compal Electronics Inc.(b)   33,386,000    28,209,805 
Compeq Manufacturing Co. Ltd.(b)   8,537,000    11,797,153 
Concraft Holding Co. Ltd.(b)   745,000    1,772,881 
Continental Holdings Corp.(b)   4,518,600    4,052,022 
Coretronic Corp.(b)   3,655,200    7,567,984 
Co-Tech Development Corp.   1,496,000    4,291,406 
CSBC Corp. Taiwan(a)(b)   4,401,316    3,496,710 
CTBC Financial Holding Co. Ltd.   147,165,599    122,170,349 
CTCI Corp.(b)   5,035,000    6,861,027 
Cub Elecparts Inc.(b)   530,979    3,839,525 
Darfon Electronics Corp.(b)   2,702,000    4,147,832 
Darwin Precisions Corp.(a)(b)   4,920,000    2,442,259 
Delta Electronics Inc..   16,653,000    177,426,470 
Depo Auto Parts Ind. Co. Ltd.(b)   864,000    1,751,241 
E Ink Holdings Inc.   7,502,000    16,684,851 
E.Sun Financial Holding Co. Ltd.(b)   93,402,938    85,967,511 
Eclat Textile Co. Ltd.   1,509,683    35,096,962 
Egis Technology Inc.(b)   635,000    3,796,635 
Elan Microelectronics Corp.(b)   2,527,100    19,217,976 


 

20 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Taiwan (continued)          
Elite Material Co. Ltd.(b)   2,408,000   $14,221,516 
Elite Semiconductor Microelectronics Technology Inc.(b)   2,668,000    12,886,980 
eMemory Technology Inc.(b)   532,000    18,016,489 
Ennoconn Corp.(b)   563,259    4,256,443 
ENNOSTAR Inc.(a)(b)   4,996,185    13,565,734 
Episil Holdings Inc.(a)   2,023,000    4,901,545 
Episil-Precision Inc.(b)   1,244,000    2,991,066 
Eternal Materials Co. Ltd.(b)   8,074,915    11,802,310 
Eva Airways Corp.   18,809,326    11,527,030 
Evergreen Marine Corp. Taiwan Ltd.(a)   22,100,449    78,445,162 
Everlight Chemical Industrial Corp.(b)   8,357,781    5,716,487 
Everlight Electronics Co. Ltd.(b)   3,399,000    5,602,560 
Far Eastern Department Stores Ltd.(b)   9,688,167    7,825,555 
Far Eastern International Bank(b)   24,192,140    9,155,975 
Far Eastern New Century Corp.(b)   23,446,916    26,728,043 
Far EasTone Telecommunications Co. Ltd.   11,897,000    27,640,143 
Faraday Technology Corp.(b)   2,855,000    7,007,653 
Farglory Land Development Co. Ltd.(b)   2,289,782    4,529,092 
Feng Hsin Steel Co. Ltd.(b)   4,708,000    12,742,243 
Feng TAY Enterprise Co. Ltd.(b)   3,281,387    28,501,185 
Firich Enterprises Co. Ltd.(b)   3,217,718    3,568,631 
First Financial Holding Co. Ltd.(b)   85,001,311    67,463,883 
Fitipower Integrated Technology Inc.   866,000    10,416,548 
FLEXium Interconnect Inc.(b)   2,815,616    12,064,961 
FocalTech Systems Co. Ltd.   1,426,000    10,860,760 
Formosa Chemicals & Fibre Corp.   29,025,210    89,484,480 
Formosa International Hotels Corp.(b)   519,000    2,616,941 
Formosa Petrochemical Corp.(b)   9,180,000    33,057,034 
Formosa Plastics Corp.   32,266,800    120,357,922 
Formosa Sumco Technology Corp.(b)   689,000    4,172,447 
Formosa Taffeta Co. Ltd.(b)   6,485,000    7,222,951 
Foxconn Technology Co. Ltd.(b)   7,357,424    17,277,388 
Foxsemicon Integrated Technology Inc.(b)   684,000    5,754,158 
Fubon Financial Holding Co. Ltd.(b)   55,748,000    145,226,576 
Fulgent Sun International Holding Co. Ltd.(b)   1,084,221    4,758,561 
Fusheng Precision Co. Ltd.(b)   833,000    6,588,173 
General Interface Solution Holding Ltd.(b)   2,111,000    7,463,562 
Genius Electronic Optical Co. Ltd.(b)   642,287    10,809,720 
Getac Technology Corp.   3,947,000    7,351,063 
Giant Manufacturing Co. Ltd.   2,621,000    31,311,115 
Gigabyte Technology Co. Ltd.(b)   4,602,000    18,202,533 
Ginko International Co. Ltd.   374,250    2,330,570 
Global Lighting Technologies Inc.(b)   671,000    2,326,192 
Global PMX Co. Ltd.(b)   385,000    2,360,418 
Global Unichip Corp.(b)   810,000    10,477,018 
Globalwafers Co. Ltd.(b)   1,860,000    56,156,769 
Gold Circuit Electronics Ltd.(a)(b)   3,402,000    6,758,640 
Goldsun Building Materials Co. Ltd.(b)   8,751,425    8,045,619 
Gourmet Master Co. Ltd.(b)   860,471    5,163,195 
Grand Pacific Petrochemical(a)(b)   8,374,000    8,074,559 
Grape King Bio Ltd.(b)   955,000    5,728,867 
Great Wall Enterprise Co. Ltd.(b)   5,461,789    11,353,294 
Greatek Electronics Inc.(b)   3,076,000    7,973,033 
Gudeng Precision Industrial Co. Ltd.(b)   511,356    4,941,871 
Hannstar Board Corp.(b)   3,197,000    5,103,238 
HannStar Display Corp.(a)(b)   20,777,640    17,496,582 
Highwealth Construction Corp.   6,143,153    9,319,159 
Hiwin Technologies Corp.   2,211,850    29,251,534 
Holtek Semiconductor Inc.(b)   1,786,000    6,075,006 
Security  Shares   Value 
         
Taiwan (continued)          
Holy Stone Enterprise Co. Ltd.(b)   1,206,330   $5,749,043 
Hon Hai Precision Industry Co. Ltd.   105,523,928    431,133,639 
Hota Industrial Manufacturing Co. Ltd.(b)   2,389,261    8,075,647 
Hotai Finance Co. Ltd.(b)   1,459,000    4,373,449 
Hotai Motor Co. Ltd.(b)   2,565,000    52,710,590 
Hsin Kuang Steel Co. Ltd.(b)   3,398,000    7,866,638 
HTC Corp.(a)(b)   8,501,000    11,344,754 
Hua Nan Financial Holdings Co. Ltd.(b)   70,564,702    46,429,948 
Huaku Development Co. Ltd.(b)   2,157,000    7,287,278 
Hung Sheng Construction Ltd.(b)   5,663,760    4,032,099 
IBF Financial Holdings Co. Ltd.(b)   19,794,267    12,182,239 
IEI Integration Corp.(b)   1,612,373    2,957,913 
Innodisk Corp.(b)   662,740    4,059,194 
Innolux Corp.(b)   72,663,241    63,606,345 
International CSRC Investment Holdings Co.(b)   6,969,685    6,829,998 
International Games System Co. Ltd.(b)   493,000    16,331,708 
Inventec Corp.(b)   20,130,000    18,729,545 
ITE Technology Inc.   1,009,000    4,334,981 
ITEQ Corp.(b)   1,768,604    8,061,739 
Jentech Precision Industrial Co. Ltd.(b)   657,000    6,747,210 
Johnson Health Tech Co. Ltd.   1,007,000    2,866,082 
Kenda Rubber Industrial Co. Ltd.(b)   5,191,337    7,574,893 
Kindom Development Co. Ltd.(b)   3,217,000    4,343,189 
King Slide Works Co. Ltd.(b)   560,000    7,740,371 
King Yuan Electronics Co. Ltd.(b)   9,005,000    13,981,395 
King’s Town Bank Co. Ltd.(b)   7,346,000    10,884,684 
Kinpo Electronics(b)   14,874,000    7,281,786 
Kinsus Interconnect Technology Corp.(b)   2,636,000    10,379,604 
LandMark Optoelectronics Corp.(b)   636,900    5,839,526 
Largan Precision Co. Ltd.(b)   835,000    91,075,781 
Lealea Enterprise Co. Ltd.(a)   5,826,000    2,677,604 
Lien Hwa Industrial Holdings Corp.(b)   7,142,934    12,436,824 
Lite-On Technology Corp.(b)   17,932,238    42,795,764 
Longchen Paper & Packaging Co. Ltd.(b)   6,830,720    5,764,548 
Lotes Co. Ltd.(b)   575,722    12,288,483 
Lotus Pharmaceutical Co. Ltd.(a)(b)   569,000    1,907,259 
Machvision Inc.(b)   369,094    3,190,240 
Macronix International Co. Ltd.(b)   15,815,554    23,979,713 
Makalot Industrial Co. Ltd.(b).   1,654,510    16,731,761 
Marketech International Corp.(b)   749,000    2,760,835 
MediaTek Inc..   12,862,572    460,085,894 
Medigen Vaccine Biologics Corp.(a)   1,140,000    14,403,850 
Mega Financial Holding Co. Ltd.(b)   88,047,958    105,053,264 
Mercuries Life Insurance Co. Ltd.(a)(b)   14,449,031    4,895,731 
Merida Industry Co. Ltd.(b)   1,703,850    19,801,507 
Merry Electronics Co. Ltd.(b)   1,541,051    5,973,375 
Microbio Co. Ltd.(a)(b).   2,882,000    5,797,710 
Micro-Star International Co. Ltd.   5,774,000    34,322,159 
Mitac Holdings Corp.(b)   8,464,053    8,604,942 
momo.com Inc.(b)   308,000    13,776,008 
Motech Industries Inc.(a)   3,482,000    3,870,984 
Nan Kang Rubber Tire Co. Ltd.(b)   4,254,000    5,843,404 
Nan Liu Enterprise Co. Ltd.(b)   351,000    2,088,636 
Nan Pao Resins Chemical Co. Ltd.(b)   400,000    2,168,904 
Nan Ya Plastics Corp.   43,948,440    133,835,130 
Nan Ya Printed Circuit Board Corp.(b)   1,935,000    22,962,230 
Nantex Industry Co. Ltd.(b)   2,566,000    12,106,551 
Nanya Technology Corp.(b)   10,392,000    30,612,620 
Newmax Technology Co. Ltd.(a)(b)   1,150,000    1,973,978 
Nien Made Enterprise Co. Ltd.(b)   1,261,000    18,504,446 


 

21 

 

  

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Taiwan (continued)          
Novatek Microelectronics Corp.(b)   4,966,000   $95,364,767 
Nuvoton Technology Corp.   1,523,000    4,492,562 
OBI Pharma Inc.(a)(b)   1,303,258    5,370,658 
Oneness Biotech Co. Ltd.(a)   1,872,000    13,752,987 
Oriental Union Chemical Corp.(b)   5,991,000    4,675,473 
Pan Jit International Inc.(b)   2,717,200    5,002,857 
Pan-International Industrial Corp.   5,619,366    7,997,208 
Parade Technologies Ltd.(b)   612,000    33,728,335 
PChome Online Inc.(b)   795,000    2,779,871 
Pegatron Corp.(b)   16,091,000    42,624,366 
PharmaEngine Inc.(b)   1,125,793    2,593,243 
PharmaEssentia Corp.(a)   1,758,587    5,401,186 
Pharmally International Holding Co. Ltd.(d)   597,543    975,352 
Phison Electronics Corp.(b)   1,221,000    21,459,141 
Pixart Imaging Inc.(b)   1,267,000    8,385,423 
Pou Chen Corp.   18,660,000    25,316,102 
Power Wind Health Industry Inc.(b)   341,957    1,830,594 
Powertech Technology Inc.   5,785,000    22,312,114 
Poya International Co. Ltd.(a)(b)   429,447    8,312,885 
President Chain Store Corp.(b)   4,416,000    42,129,026 
President Securities Corp.(b)   8,969,657    9,229,897 
Primax Electronics Ltd.(b)   3,838,000    7,342,980 
Prince Housing & Development Corp.(b)   11,101,995    4,763,929 
Qisda Corp.(b)   13,364,000    14,747,072 
Quanta Computer Inc.(b)   23,789,000    76,949,900 
Quanta Storage Inc.(b)   1,912,000    2,823,926 
Radiant Opto-Electronics Corp.   3,609,000    15,328,177 
Radium Life Tech Co. Ltd.   7,008,279    2,801,706 
Realtek Semiconductor Corp.   4,101,110    73,687,242 
Rexon Industrial Corp. Ltd.(b)   1,210,000    3,367,553 
RichWave Technology Corp.(b)   581,000    10,828,282 
Ritek Corp.(a)   3,001    1,078 
Roo Hsing Co. Ltd.(a)(b)   4,705,000    1,663,060 
Ruentex Development Co. Ltd.(b)   6,933,086    13,102,378 
Ruentex Industries Ltd.(b)   3,144,943    9,389,132 
Sanyang Motor Co. Ltd.(b)   4,895,000    4,915,426 
ScinoPharm Taiwan Ltd.(b)   2,791,027    2,777,410 
SDI Corp.(b)   1,446,000    5,048,695 
Sensortek Technology Corp.(b).   245,000    5,576,071 
Sercomm Corp.(b)   2,329,000    5,576,525 
Shanghai Commercial & Savings Bank Ltd. (The)   28,703,346    46,992,983 
Shin Kong Financial Holding Co. Ltd.(b)   86,216,727    31,227,571 
Shin Zu Shing Co. Ltd.(b)   1,565,904    6,261,707 
Shining Building Business Co. Ltd.(a)(b)   6,647,184    2,883,514 
Shinkong Synthetic Fibers Corp.(b)   13,385,000    10,395,199 
Sigurd Microelectronics Corp.(b)   5,088,700    9,212,099 
Silergy Corp.   649,000    85,762,560 
Simplo Technology Co. Ltd.(b)   1,341,400    17,631,273 
Sinbon Electronics Co. Ltd.(b)   2,038,809    19,547,271 
Sino-American Silicon Products Inc.(b)   4,384,000    26,571,482 
SinoPac Financial Holdings Co. Ltd.   87,311,660    42,629,096 
Sinyi Realty Inc.(b)   4,453,704    4,975,321 
Sitronix Technology Corp.(b)   1,086,000    11,295,211 
Soft-World International Corp.(b)   905,000    3,441,427 
Solar Applied Materials Technology Corp.(b)   3,598,710    6,181,931 
Sonix Technology Co. Ltd.   1,065,000    3,615,900 
Sporton International Inc.(b)   713,000    6,159,697 
St. Shine Optical Co. Ltd.   371,000    3,921,548 
Standard Foods Corp.(b)   3,846,096    7,443,448 
Security  Shares   Value 
         
Taiwan (continued)          
Sunny Friend Environmental Technology  Co. Ltd.(b)   569,000   $4,374,889 
Sunonwealth Electric Machine Industry Co. Ltd.(b)   1,699,000    2,655,002 
Supreme Electronics Co. Ltd.(b)   3,447,512    4,919,231 
Synnex Technology International Corp.   11,188,250    24,111,630 
Systex Corp.(b)   1,520,000    4,802,856 
TA Chen Stainless Pipe(b)   10,149,552    16,825,532 
Taichung Commercial Bank Co. Ltd.(b)   25,064,733    10,255,274 
TaiDoc Technology Corp.(b)   508,000    3,818,172 
Taigen Biopharmaceuticals Holdings Ltd.(a)   2,707,000    2,116,862 
TaiMed Biologics Inc.(a)   1,645,000    4,498,291 
Tainan Spinning Co. Ltd.(b)   12,113,894    12,176,838 
Taishin Financial Holding Co. Ltd.   80,362,801    42,865,835 
Taiwan Business Bank(b)   44,255,725    15,337,954 
Taiwan Cement Corp.(b)   40,005,574    74,426,496 
Taiwan Cogeneration Corp.(b)   4,796,000    6,739,295 
Taiwan Cooperative Financial Holding Co. Ltd.(b)76,349,072    57,664,116 
Taiwan Fertilizer Co. Ltd.(b)   6,601,000    13,172,891 
Taiwan Glass Industry Corp.(a)(b)   11,688,053    13,814,622 
Taiwan High Speed Rail Corp.   14,920,000    15,835,005 
Taiwan Hon Chuan Enterprise Co. Ltd.(b)   3,493,674    8,889,775 
Taiwan Mask Corp.   1,775,000    5,411,299 
Taiwan Mobile Co. Ltd.   12,697,000    45,999,477 
Taiwan Paiho Ltd.(b)   2,612,000    8,993,238 
Taiwan Secom Co. Ltd.(b)   2,464,185    8,160,739 
Taiwan Semiconductor Co. Ltd.(b)   2,566,000    4,573,308 
Taiwan Semiconductor Manufacturing Co. Ltd.   209,005,000    4,490,280,206 
Taiwan Shin Kong Security Co. Ltd.   5,536,577    7,612,866 
Taiwan Styrene Monomer(b)   4,918,000    3,485,267 
Taiwan Surface Mounting Technology Corp.(b)   2,369,000    10,145,056 
Taiwan TEA Corp.(a)(b)   8,285,000    5,891,142 
Taiwan Union Technology Corp.(b)   2,149,000    8,124,513 
Tanvex BioPharma Inc.(a)   1,424,089    3,023,696 
TCI Co. Ltd.(b)   842,444    7,311,167 
Teco Electric and Machinery Co. Ltd.(b)   15,199,000    18,085,703 
Test Research Inc.(b)   1,860,400    3,844,093 
Test Rite International Co. Ltd.(b)   5,867,000    5,800,278 
Thinking Electronic Industrial Co. Ltd.(b)   764,000    4,489,794 
Ton Yi Industrial Corp.(a)(b)   10,410,000    4,922,153 
Tong Hsing Electronic Industries Ltd.(b)   1,418,762    9,331,108 
Tong Yang Industry Co. Ltd.(b)   4,599,400    5,477,127 
Topco Scientific Co. Ltd.(b)   1,676,639    7,969,878 
TPK Holding Co. Ltd.(a)(b)   3,060,000    5,071,185 
Transcend Information Inc.(b)   2,281,000    5,824,391 
Tripod Technology Corp.(b)   3,437,000    15,904,720 
TSEC Corp.(a)(b)   3,660,000    4,328,030 
TSRC Corp.(b)   6,499,900    7,278,473 
TTY Biopharm Co. Ltd.(b)   2,135,124    6,303,574 
Tung Ho Steel Enterprise Corp.(b)   8,107,000    14,079,675 
Tung Thih Electronic Co. Ltd.(a)   493,000    3,802,779 
TXC Corp.(b)   2,769,000    11,003,456 
U-Ming Marine Transport Corp.   4,904,000    10,571,518 
Unimicron Technology Corp.(b)   10,492,000    42,423,159 
Union Bank of Taiwan   8,718,928    3,678,914 
Uni-President Enterprises Corp.   39,799,369    105,564,338 
Unitech Printed Circuit Board Corp.(b)   5,981,000    4,508,002 
United Integrated Services Co. Ltd.(b)   1,241,400    10,317,569 
United Microelectronics Corp.(b)   100,394,000    190,838,030 


 

22 

 

 

 

Consolidated Schedule of Investments (unaudited) (continued)

iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
Taiwan (continued)          
United Renewable Energy Co. Ltd.(a)   20,886,388   $10,073,788 
Universal Vision Biotechnology Co. Ltd.(b)   378,000    4,141,103 
UPC Technology Corp.(b)   9,132,365    8,462,634 
USI Corp.(b)   9,081,300    11,836,344 
Vanguard International Semiconductor Corp.(b)   7,580,000    32,203,935 
Visual Photonics Epitaxy Co. Ltd.(b)   1,412,000    5,761,529 
Voltronic Power Technology Corp.(b)   488,493    21,739,189 
Wafer Works Corp.(b)   4,957,404    9,197,319 
Wah Lee Industrial Corp.   2,403,000    6,730,714 
Walsin Lihwa Corp.(b)   21,378,000    20,352,646 
Walsin Technology Corp.(b)   2,654,597    20,043,835 
Wan Hai Lines Ltd.   5,182,000    27,107,138 
Win Semiconductors Corp.(b)   2,900,427    34,025,266 
Winbond Electronics Corp.(b)   25,880,480    31,757,342 
Wisdom Marine Lines Co. Ltd.   3,131,000    7,592,007 
Wistron Corp.(b)   22,794,004    25,265,329 
Wistron NeWeb Corp.(b)   2,934,654    6,991,150 
Wiwynn Corp.(b)   634,000    21,260,081 
WPG Holdings Ltd.   12,069,200    22,553,187 
WT Microelectronics Co. Ltd.   3,185,734    6,224,667 
XinTec Inc.(a)(b)   1,476,000    8,083,255 
XPEC Entertainment Inc.(a)(d)   31,000    0(e)
Xxentria Technology Materials Corp.   1,509,000    3,646,520 
Yageo Corp.(b)   3,181,454    57,751,496 
Yang Ming Marine Transport Corp.(a)   13,252,677    48,850,472 
YFY Inc.(b)   11,784,000    16,234,920 
Yieh Phui Enterprise Co. Ltd.(a)(b)   13,535,026    11,402,962 
Yuanta Financial Holding Co. Ltd.   81,976,388    75,631,672 
Yulon Finance Corp.(b)   1,484,920    7,239,001 
Yulon Motor Co. Ltd.(a)(b)   5,561,088    7,888,612 
YungShin Global Holding Corp.(b)   3,293,650    5,141,041 
Zhen Ding Technology Holding Ltd.   5,041,950    17,604,621 
         12,069,528,954 
Thailand — 1.9%          
Advanced Info Service PCL, NVDR(b)   9,590,000    51,684,718 
Airports of Thailand PCL, NVDR(b)   36,269,800    73,068,587 
Amata Corp. PCL, NVDR(b).   12,453,430    7,682,186 
AP Thailand PCL, NVDR   33,257,190    9,096,956 
Asset World Corp. PCL, NVDR(a)   52,261,100    7,978,414 
B Grimm Power PCL, NVDR(b).   7,733,800    10,949,265 
Bangchak Corp. PCL, NVDR(b)   12,647,500    10,317,336 
Bangkok Airways PCL, NVDR(a)(b)   15,274,700    3,562,136 
Bangkok Bank PCL, Foreign(b)   4,635,800    17,136,093 
Bangkok Chain Hospital PCL, NVDR.   21,151,850    13,793,360 
Bangkok Commercial Asset Management PCL, NVDR(b)   16,854,200    10,184,429 
Bangkok Dusit Medical Services PCL, NVDR   82,545,500    56,982,247 
Bangkok Expressway & Metro PCL, NVDR(b)   68,863,485    18,056,226 
Bangkok Land PCL, NVDR(b)   161,146,000    5,875,889 
Banpu PCL, NVDR(b)   37,157,900    15,567,791 
BCPG PCL, NVDR(b)   11,512,125    5,153,074 
Berli Jucker PCL, NVDR(b)   10,388,300    11,540,342 
BTS Group Holdings PCL, NVDR(b)   73,457,900    21,502,279 
Bumrungrad Hospital PCL, NVDR   3,744,400    15,798,141 
Carabao Group PCL, NVDR   2,413,300    10,223,142 
Central Pattana PCL, NVDR(b)   18,598,200    30,183,391 
Central Retail Corp. PCL, NVDR   16,284,317    17,299,380 
CH Karnchang PCL, NVDR.   12,586,700    8,163,925 
Charoen Pokphand Foods PCL, NVDR(b)   32,751,000    28,536,053 
Chularat Hospital PCL, NVDR   72,912,000    8,201,662 
Security  Shares   Value 
         
Thailand (continued)          
CK Power PCL, NVDR(b)   27,078,700   $4,758,302 
Com7 PCL, NVDR   3,175,600    7,202,864 
CP ALL PCL, NVDR   49,020,900    95,224,490 
Delta Electronics Thailand PCL, NVDR(b)   2,716,800    50,577,651 
Dynasty Ceramic PCL, NVDR(b)   69,035,120    6,796,420 
Eastern Polymer Group PCL, NVDR(b)   14,848,400    5,178,625 
Electricity Generating PCL, NVDR(b)   2,329,600    13,034,893 
Energy Absolute PCL, NVDR   13,270,600    25,563,892 
Esso Thailand PCL, NVDR(a)(b)   18,354,900    4,957,398 
GFPT PCL, NVDR(b)   9,765,400    3,342,516 
Global Power Synergy PCL, NVDR(b)   6,300,300    14,701,768 
Gulf Energy Development PCL, NVDR(b)   25,041,944    27,038,646 
Gunkul Engineering PCL, NVDR(b)   64,248,641    7,189,869 
Hana Microelectronics PCL, NVDR(b)   6,086,000    11,731,121 
Home Product Center PCL, NVDR   55,845,975    24,815,276 
Indorama Ventures PCL, NVDR(b)   15,172,500    22,170,114 
Intouch Holdings PCL, NVDR   18,017,300    37,021,972 
IRPC PCL, NVDR   98,409,900    12,706,567 
Jasmine International PCL, NVDR(b)   62,338,200    5,576,303 
Kasikornbank PCL, NVDR(b)   2,761,800    10,511,844 
KCE Electronics PCL, NVDR(b)   7,797,300    17,648,392 
Khon Kaen Sugar Industry PCL, NVDR(a)   26,009,886    3,578,960 
Kiatnakin Phatra Bank PCL, NVDR(b)   3,610,900    6,584,457 
Krung Thai Bank PCL, NVDR   28,744,800    10,023,639 
Krungthai Card PCL, NVDR(b)   7,257,900    16,938,026 
Land & Houses PCL, NVDR   66,076,600    17,017,281 
Major Cineplex Group PCL, NVDR(a)(b)   9,910,800    6,467,137 
MBK PCL, NVDR   10,920,200    4,752,181 
Mega Lifesciences PCL, NVDR   4,466,000    5,174,836 
Minor International PCL, NVDR(a)   28,228,160    28,897,051 
Muangthai Capital PCL, NVDR   6,898,800    13,664,977 
Origin Property PCL, NVDR(b)   13,059,000    3,819,664 
Osotspa PCL, NVDR(b)   8,209,000    9,709,688 
Plan B Media PCL, NVDR(b)   24,011,100    4,602,709 
Precious Shipping PCL, NVDR(a)   5,969,400    3,434,871 
Prima Marine PCL, NVDR(b)   13,893,700    3,289,133 
PTG Energy PCL, NVDR(b)   10,907,800    6,766,131 
PTT Exploration & Production PCL, NVDR   11,712,201    44,357,506 
PTT Global Chemical PCL, NVDR   19,672,000    39,756,046 
PTT Oil & Retail Business, NVDR   25,386,400    24,351,277 
PTT PCL, NVDR(b)   88,109,100    111,234,922 
Quality Houses PCL, NVDR(b)   112,523,717    8,279,924 
Ratch Group PCL, NVDR.   7,061,300    11,574,823 
Ratchthani Leasing PCL, NVDR(b)   33,415,825    4,487,835 
Regional Container Lines PCL, NVDR   3,049,700    5,290,563 
RS PCL, NVDR(a)(b)   6,752,300    5,451,679 
SCG Packaging PCL, NVDR   6,906,000    12,207,622 
Siam Cement PCL (The), NVDR   6,616,000    92,720,398 
Siam Commercial Bank PCL (The), NVDR   7,154,400    23,447,307 
Siamgas & Petrochemicals PCL, NVDR(b)   11,003,100    4,045,561 
Singha Estate PCL, NVDR(a)(b)   48,972,200    3,695,685 
Sino-Thai Engineering & Construction PCL, NVDR(b)   12,602,828    6,444,860 
Sri Trang Agro-Industry PCL, NVDR(b)   8,559,360    11,831,702 
Sri Trang Gloves Thailand PCL, NVDR   7,094,000    9,931,600 
Srisawad Corp. PCL, NVDR(b)   7,081,949    17,024,786 
Supalai PCL, NVDR(b)   15,219,300    10,364,242 
Super Energy Corp. PCL, NVDR(b)   184,715,600    5,792,380 
Taokaenoi Food & Marketing PCL, Class R, NVDR(b)   6,408,900    1,536,659 


  

23 

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Thailand (continued)          
Thai Oil PCL, NVDR(b)   10,151,100   $19,136,222 
Thai Union Group PCL, NVDR   25,908,700    14,749,523 
Thai Vegetable Oil PCL, NVDR   5,986,600    6,370,449 
Thanachart Capital PCL, NVDR(b)   3,622,800    3,967,690 
Thonburi Healthcare Group PCL, NVDR(b)   7,071,200    5,767,664 
Thoresen Thai Agencies PCL, NVDR   11,000,700    6,167,507 
TPI Polene PCL, NVDR(b)   69,672,300    4,498,853 
True Corp. PCL, NVDR(b)   102,762,911    10,378,945 
TTW PCL, NVDR(b)   24,491,100    9,247,839 
WHA Corp. PCL, NVDR(b)   89,232,200    8,843,628 
         1,563,962,383 
Turkey — 0.4%          
Akbank TAS   25,813,662    15,852,950 
Aksa Akrilik Kimya Sanayii AS   2,006,691    3,768,309 
Anadolu Efes Biracilik Ve Malt Sanayii AS   2,118,568    5,653,967 
Aselsan Elektronik Sanayi Ve Ticaret AS   6,384,915    11,106,469 
Bera Holding AS(a)   2,876,502    8,543,118 
BIM Birlesik Magazalar AS   4,123,758    30,787,067 
Coca-Cola Icecek AS   772,816    7,161,413 
Dogan Sirketler Grubu Holding AS(b)   10,778,033    3,696,881 
Emlak Konut Gayrimenkul Yatirim Ortakligi AS(b)21,839,757    4,969,975 
Enerjisa Enerji AS(c)   2,247,916    2,800,080 
Eregli Demir ve Celik Fabrikalari TAS   12,338,397    27,752,977 
Ford Otomotiv Sanayi AS   701,168    14,234,961 
Gubre Fabrikalari TAS(a)(b)   567,551    4,071,565 
Haci Omer Sabanci Holding AS   8,045,236    8,320,066 
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D(a)(b)   9,894,400    9,079,180 
KOC Holding AS   6,176,562    13,377,413 
Koza Altin Isletmeleri AS(a)(b)   393,110    5,488,831 
Koza Anadolu Metal Madencilik Isletmeleri AS(a)(b)   2,423,658    4,497,457 
Mavi Giyim Sanayi Ve Ticaret AS, Class B(a)(c)384,596    2,265,770 
Migros Ticaret AS(a)(b)   909,831    3,680,622 
MLP Saglik Hizmetleri AS(a)(b)(c)   842,228    2,312,984 
Pegasus Hava Tasimaciligi AS(a)(b)   416,206    4,040,339 
Petkim Petrokimya Holding AS(a)   12,883,527    9,303,538 
Sasa Polyester Sanayi AS(a)   134,182    482,794 
Sok Marketler Ticaret AS(a)(b)   1,826,759    2,374,217 
TAV Havalimanlari Holding AS(a)(b)   1,905,411    5,334,239 
Tekfen Holding AS(b)   1,931,655    3,392,489 
Turk Hava Yollari AO(a)(b)   6,061,464    9,411,206 
Turkcell Iletisim Hizmetleri AS   10,221,035    18,900,995 
Turkiye Garanti Bankasi AS(b)   18,964,760    17,690,037 
Turkiye Is Bankasi AS, Class C   14,158,372    8,413,287 
Turkiye Petrol Rafinerileri AS(a)(b)   1,083,776    12,317,146 
Turkiye Sinai Kalkinma Bankasi AS(b)   14,518,488    2,254,279 
Turkiye Sise ve Cam Fabrikalari AS   13,068,607    11,819,599 
Ulker Biskuvi Sanayi AS   1,751,176    4,456,777 
Yapi ve Kredi Bankasi AS(b)   27,655,218    6,941,449 
         306,554,446 
United Arab Emirates — 0.7%          
Abu Dhabi Commercial Bank PJSC   24,481,020    45,363,310 
Abu Dhabi Islamic Bank PJSC   11,946,128    18,059,167 
Abu Dhabi National Oil Co. for Distribution PJSC   15,253,793    16,592,766 
Air Arabia PJSC(a)   24,881,932    9,328,840 
Aldar Properties PJSC   33,404,826    33,274,059 
Amanat Holdings PJSC   19,312,521    5,036,482 
Security  Shares   Value 
           
United Arab Emirates (continued)          
Aramex PJSC   7,318,193   $8,181,101 
DAMAC Properties Dubai Co. PJSC(a)   15,985,708    5,925,533 
Dana Gas PJSC   40,750,947    8,732,317 
Dubai Financial Market PJSC   17,509,769    5,373,482 
Dubai Investments PJSC   20,156,112    9,099,891 
Dubai Islamic Bank PJSC   15,803,959    20,525,174 
Emaar Development PJSC(a)   4,921,006    4,748,918 
Emaar Malls PJSC(a)   763,854    409,328 
Emaar Properties PJSC   29,999,429    32,380,370 
Emirates NBD Bank PJSC   22,208,690    83,437,900 
Emirates Telecommunications Group Co. PJSC   15,263,481    90,006,397 
First Abu Dhabi Bank PJSC   32,918,778    151,129,271 
         547,604,306 
Total Common Stocks — 97.7%          
(Cost: $56,857,764,039)        80,958,418,589 
           
Preferred Stocks          
           
Brazil — 1.2%          
Alpargatas SA, Preference Shares, NVS   1,721,058    15,616,561 
Azul SA, Preference Shares, NVS   2,493,231    20,570,818 
Banco ABC Brasil SA, Preference Shares, NVS   1,118,011    3,700,460 
Banco Bradesco SA, Preference Shares, NVS   41,105,846    208,853,697 
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS   1,807,338    4,726,676 
Banco Pan SA, Preference Shares, NVS   3,267,229    14,305,920 
Bradespar SA, Preference Shares, NVS   1,988,543    27,170,433 
Braskem SA, Class A, Preference Shares, NVS   1,234,922    11,864,180 
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS   2,128,492    17,798,354 
Cia. de Saneamento do Parana, Preference Shares, NVS   2,752,017    2,143,867 
Cia. Energetica de Minas Gerais, Preference Shares, NVS   8,229,448    21,443,273 
Cia. Energetica de Sao Paulo, Class B, Preference Shares, NVS   1,892,565    8,777,039 
Cia. Paranaense de Energia, Preference Shares, NVS   8,247,597    10,096,450 
Gerdau SA, Preference Shares, NVS   9,607,793    60,688,172 
Gol Linhas Aereas Inteligentes SA, Preference Shares, NVS   1,747,441    8,989,177 
Itau Unibanco Holding SA, Preference Shares, NVS   40,851,739    231,548,318 
Itausa SA, Preference Shares, NVS.   37,728,066    78,616,727 
Lojas Americanas SA, Preference Shares, NVS   7,841,704    29,927,182 
Marcopolo SA, Preference Shares, NVS   5,796,806    2,980,878 
Metalurgica Gerdau SA, Preference Shares, NVS   6,957,279    19,783,732 
Petroleo Brasileiro SA, Preference Shares, NVS   40,406,027    208,321,650 
Randon SA Implementos e Participacoes, Preference Shares, NVS   2,253,531    6,377,877 
Unipar Carbocloro SA, Preference Shares, NVS   556,864    11,049,237 
         1,025,350,678 
Chile — 0.1%          
Embotelladora Andina SA, Class B, Preference Shares, NVS   3,697,923    8,830,099 
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS   1,169,363    52,375,196 
         61,205,295 


 

24

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021 (Percentages shown are based on Net Assets)

 

         
Security  Shares   Value 
         
Colombia — 0.0%          
Bancolombia SA, Preference Shares, NVS   4,035,056   $30,034,398 
           
Russia — 0.1%          
Surgutneftegas PJSC, Preference Shares, NVS   59,701,477    37,956,521 
           
South Korea — 0.7%          
Hyundai Motor Co.          
Preference Shares, NVS   185,679    18,435,460 
Series 2, Preference Shares, NVS   305,507    30,603,635 
LG Chem Ltd., Preference Shares, NVS   65,903    21,947,889 
LG Household & Health Care Ltd., Preference Shares, NVS   16,789    10,834,217 
Samsung Electronics Co. Ltd., Preference Shares, NVS   7,003,955    458,145,495 
         539,966,696 
Total Preferred Stocks — 2.1%          
(Cost: $1,351,322,969)        1,694,513,588 
           
Rights          
           
South Korea — 0.0%          
Cosmax Inc. (Expires 06/18/21)(a)(b)   7,234    152,425 
Hanwha Systems Co. Ltd. (Expires 06/04/21)(a)201,041    270,386 
Solid Inc. (Expires 06/09/21)(a)   73,070    90,412 
         513,223 
Total Rights — 0.0%          
(Cost: $0)        513,223 
           
Warrants          
           
Thailand — 0.0%          
MBK PCL, NVDR (Expires 12/31/24)(a)   432,024    146,543 
Minor International PCL (Expires 02/15/24)(a)   876,446    117,794 
Minor International PCL (Expires 05/05/23)(a)   967,112    151,024 
RS PCL, NVDR, NVDR (Expires 05/23/24)(a)   1,030,740    0(e)
         415,361 
Total Warrants — 0.0%          
(Cost: $0)        415,361 
    Par/     
Security   Shares   Value 
          
Corporate Bonds & Notes           
            
India — 0.0%           
Britannia Industries Ltd., 5.50%, 06/03/24 (d)   INR28,231,268   $389,706 
            
Total Corporate Bonds & Notes — 0.0%           
(Cost: $387,939)         389,706 
            
Short-Term Investments           
            
Money Market Funds — 4.4%           
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(h)(i)(j)    3,637,596,347    3,639,778,905 
            
Total Short-Term Investments — 4.4%           
(Cost: $3,638,643,047)         3,639,778,905 
            
Total Investments in Securities — 104.2%           
(Cost: $61,848,117,994)         86,294,029,372 
            
Other Assets, Less Liabilities — (4.2)%         (3,465,370,694)
            
Net Assets — 100.0%        $82,828,658,678 

 

(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)Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(e)Rounds to less than $1.
(f)This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.
(g)Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $1,922,732, representing less than 0.05% of its net assets as of period end, and an original cost of $35,983,750.
(h)Affiliate of the Fund.
(i)Annualized 7-day yield as of period-end.
(j)All or a portion of this security was purchased with cash collateral received from loaned securities.


 

25

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets 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  $2,395,950,043   $1,244,603,206(a)  $   $(347,406)  $(426,938)  $3,639,778,905    3,637,596,347   $32,763,170(b)  $ 
BlackRock Cash Funds: Treasury, SL Agency Shares(c)   590,951,000        (590,951,000)(a)                   161,011     
                  $(347,406)  $(426,938)  $3,639,778,905        $32,924,181   $ 

 

(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.
(c)As of period end, the entity is no longer held.

 

Futures Contracts

 

Description  Number of Contracts   Expiration
Date
  Notional
Amount
(000)
   Value/ Unrealized Appreciation (Depreciation) 
Long Contracts                  
MSCI Emerging Markets E-Mini Index   1,074   06/18/21  $73,080   $1,227,810 

 

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 Consolidated Schedule of Investments above.

 

   Level 1   Level 2   Level 3   Total 
Investments                
Assets                
Common Stocks  $14,069,338,414   $66,835,821,840   $53,258,335   $80,958,418,589 
Preferred Stocks   1,116,590,371    577,923,217        1,694,513,588 
Rights   90,412    422,811        513,223 
Warrants   268,818    146,543        415,361 
Corporate Bonds & Notes           389,706    389,706 
Money Market Funds   3,639,778,905            3,639,778,905 
   $18,826,066,920   $67,414,314,411   $53,648,041   $86,294,029,372 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $1,227,810   $   $   $1,227,810 

 

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

 

Portfolio Abbreviations - Equity

 

ADR American Depositary Receipt NVDR Non-Voting Depositary Receipt 
CPO Certificates of Participation (Ordinary) NVS Non-Voting Shares 
GDR Global Depositary Receipt PJSC  Public Joint Stock Company 
JSC Joint Stock Company REIT  Real Estate Investment Trust 

 

26

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2021  

 

Currency Abbreviations

 

INR Indian Rupee

 

27