NPORT-EX 2 NPORT_2Q27_14653100_1121.htm

 

Consolidated Schedule of Investments (unaudited) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Argentina — 0.0%          
Transportadora de Gas del Sur SA, Class B, ADR(a)   70,409   $285,156 
           
Brazil — 3.1%          
3R Petroleum Oleo E Gas SA(a)   1,043,772    5,128,024 
AES Brasil Energia SA   1,986,598    3,993,091 
Aliansce Sonae Shopping Centers SA   1,550,117    5,669,025 
Alupar Investimento SA   1,737,224    7,465,751 
Ambev SA   40,668,476    116,178,077 
Americanas SA(a)   4,015,807    21,658,221 
Anima Holding SA(a)   2,980,163    4,537,687 
Arezzo Industria e Comercio SA   581,696    6,949,083 
Atacadao SA   3,421,246    9,329,260 
B3 SA - Brasil, Bolsa, Balcao   52,741,754    104,229,193 
Banco Bradesco SA   12,735,878    38,557,529 
Banco BTG Pactual SA   10,081,454    37,550,921 
Banco do Brasil SA   7,034,222    39,839,133 
Banco Inter SA   3,048,561    19,646,445 
Banco Santander Brasil SA   3,558,133    20,860,760 
BB Seguridade Participacoes SA   5,503,641    20,440,962 
BR Malls Participacoes SA(a)   6,727,637    9,453,887 
BR Properties SA   2,634,013    3,373,426 
BRF SA(a)   5,679,627    19,952,975 
Camil Alimentos SA   1,657,666    2,821,823 
CCR SA   10,415,403    22,806,302 
Centrais Eletricas Brasileiras SA   2,813,259    16,328,547 
Cia Brasileira de Distribuicao   1,559,543    6,213,927 
Cia. de Locacao das Americas   3,039,027    12,525,104 
Cia. de Saneamento Basico do Estado de Sao Paulo   2,820,685    16,898,471 
Cia. de Saneamento de Minas Gerais-COPASA   1,930,623    4,402,570 
Cia. de Saneamento do Parana   1,741,489    5,808,216 
Cia. Siderurgica Nacional SA   6,234,126    24,129,883 
Cielo SA   12,522,882    4,611,003 
Cogna Educacao(a)   17,353,695    7,655,338 
Cosan SA   8,924,969    33,735,441 
CVC Brasil Operadora e Agencia de Viagens SA(a)   2,321,018    5,623,107 
Cyrela Brazil Realty SA Empreendimentos e Participacoes   2,474,028    5,985,002 
Dexco SA   3,112,839    9,983,277 
EcoRodovias Infraestrutura e Logistica SA(a)   3,054,863    4,510,146 
EDP - Energias do Brasil SA   3,047,850    11,601,873 
Embraer SA(a)   6,730,152    22,913,295 
Enauta Participacoes SA   1,377,472    3,263,681 
Energisa SA   1,405,524    11,372,998 
Eneva SA(a)   6,114,035    15,171,303 
Engie Brasil Energia SA   1,399,501    9,591,642 
Equatorial Energia SA   7,913,613    31,770,724 
Ez Tec Empreendimentos e Participacoes SA   1,146,816    3,700,426 
Fleury SA   1,978,473    6,148,140 
GPS Participacoes e Empreendimentos SA(b)   2,005,874    5,177,163 
Grendene SA   3,603,609    5,371,585 
GRUPO DE MODA SOMA SA(a)   4,505,780    10,435,223 
Grupo Mateus SA(a)   4,367,711    4,552,734 
Grupo SBF SA(a)   1,108,428    4,798,979 
Guararapes Confeccoes SA   980,061    1,778,173 
Hapvida Participacoes e Investimentos SA(b)   10,201,609    19,797,674 
Hypera SA   3,176,267    15,322,423 
Iguatemi SA(a)   171,789    5,805,894 
Security   Shares    Value 
           
Brazil (continued)          
Instituto Hermes Pardini SA   633,289   $2,177,482 
Iochpe Maxion SA(a)   1,293,484    3,322,378 
IRB Brasil Resseguros S/A(a)   9,099,468    6,976,121 
JBS SA   7,864,035    49,868,433 
JHSF Participacoes SA   3,696,499    3,090,361 
Klabin SA   6,317,346    26,823,030 
Light SA   3,106,165    6,652,299 
Localiza Rent a Car SA   5,314,283    48,313,812 
Locaweb Servicos de Internet SA(b)   3,913,456    9,181,761 
LOG Commercial Properties e Participacoes SA   715,421    2,800,931 
Lojas Quero Quero S/A   2,007,362    3,617,061 
Lojas Renner SA   8,450,279    42,763,582 
M. Dias Branco SA   1,076,121    5,317,581 
Magazine Luiza SA   25,951,998    36,006,934 
Marfrig Global Foods SA   3,523,997    14,774,604 
Meliuz SA(b)   5,524,171    2,938,049 
Minerva SA   2,989,133    4,561,979 
Movida Participacoes SA   1,641,502    4,899,527 
MRV Engenharia e Participacoes SA   3,141,881    6,197,864 
Multiplan Empreendimentos Imobiliarios SA   2,430,008    8,471,972 
Natura & Co. Holding SA(a)   7,939,617    37,693,709 
Notre Dame Intermedica Participacoes SA   4,585,775    50,133,271 
Odontoprev SA   2,684,832    6,012,618 
Omega Geracao SA(a)   1,367,612    6,602,273 
Pet Center Comercio e Participacoes SA   2,337,005    7,569,903 
Petro Rio SA(a)   5,507,654    19,877,852 
Petroleo Brasileiro SA   32,325,394    173,303,695 
Qualicorp Consultoria e Corretora de Seguros SA   2,034,893    5,693,654 
Raia Drogasil SA   9,387,638    37,371,210 
Rede D’Or Sao Luiz SA(b)   3,323,496    29,659,239 
Rumo SA(a)   11,257,920    35,184,442 
Santos Brasil Participacoes SA(a)   4,825,619    5,141,627 
Sao Martinho SA   1,785,197    11,149,046 
Sendas Distribuidora SA   6,983,784    15,838,780 
SIMPAR SA   3,886,178    7,279,001 
SLC Agricola SA   1,117,254    7,627,420 
Smartfit   1,258,368    4,049,179 
Sul America SA   2,507,303    11,131,973 
Suzano SA(a)   6,542,315    65,355,072 
Telefonica Brasil SA   4,012,002    35,889,179 
TIM SA   6,813,013    16,723,957 
TOTVS SA   4,426,627    24,952,606 
Transmissora Alianca de Energia Eletrica SA   1,734,754    11,117,904 
Ultrapar Participacoes SA   6,119,789    15,708,095 
Vale SA   34,343,633    427,321,456 
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA(a)   1,467,255    2,917,885 
Via S/A(a)   11,089,215    11,184,192 
Vibra Energia SA   10,264,955    39,731,658 
Vivara Participacoes SA   1,110,150    4,840,004 
WEG SA   14,674,181    84,126,907 
XP Inc.(a)   1    25 
YDUQS Participacoes SA   2,531,376    9,829,493 
         2,377,198,623 
           
Cayman Islands — 0.1%          
Advanced Energy Solution Holding Co. Ltd.   248,000    14,360,266 
Apex International Co. Ltd.   661,000    2,710,137 
Everest Medicines Ltd.(a)(b)   1,278,500    5,803,911 
Fire Rock Holdings Ltd.   18,134,000    5,046,266 
Hygeia Healthcare Holdings Co. Ltd.(b)   2,918,400    22,698,251 


 1

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Cayman Islands (continued)          
Kanzhun Ltd., ADR(a)   581,381   $18,592,565 
Legend Biotech Corp., ADR(a)   310,628    16,000,448 
Midea Real Estate Holding Ltd.(b)   2,649,600    4,587,022 
Sun King Technology Group Ltd.   9,134,000    6,090,895 
Yeahka Ltd.(a)   1,746,000    6,302,885 
Youdao Inc., ADR(a)   316,283    5,016,248 
         107,208,894 
           
Chile — 0.3%          
AES Andes SA   36,201,474    3,980,987 
Aguas Andinas SA, Class A   27,899,898    5,938,980 
Banco de Chile   367,487,804    35,524,752 
Banco de Credito e Inversiones SA   454,664    15,386,725 
Banco Santander Chile   533,513,557    23,811,709 
CAP SA   707,133    6,382,679 
Cencosud SA   12,358,010    19,716,058 
Cencosud Shopping SA   4,231,915    4,486,763 
Cia. Cervecerias Unidas SA   1,056,708    8,375,045 
Colbun SA   68,723,856    4,500,328 
Empresa Nacional de Telecomunicaciones SA   1,655,551    5,803,608 
Empresas CMPC SA   9,329,093    15,109,212 
Empresas COPEC SA   3,487,475    25,724,804 
Enel Americas SA   183,676,752    23,666,475 
Enel Chile SA   203,487,469    8,879,110 
Engie Energia Chile SA   7,008,017    4,285,480 
Falabella SA   6,513,390    20,153,230 
Forus SA   253,498    315,886 
Grupo Security SA   3,488,736    471,378 
Inversiones Aguas Metropolitanas SA   5,862,625    3,129,144 
Inversiones La Construccion SA   266,198    804,345 
Itau CorpBanca Chile SA(a)   3,121,228,693    6,423,018 
Parque Arauco SA(a)   6,149,908    5,937,343 
SMU SA   22,081,961    2,666,367 
SONDA SA   1,422,020    458,467 
Vina Concha y Toro SA   4,788,698    8,594,913 
         260,526,806 
           
China — 30.7%          
360 DigiTech Inc., ADR(a)(c)   720,329    16,769,259 
360 Security Technology Inc., Class A(a)   4,614,088    8,661,647 
361 Degrees International Ltd.(a)   9,689,000    4,847,118 
3SBio Inc.(a)(b)   10,817,000    9,252,294 
51job Inc., ADR(a)(c)   255,179    14,723,828 
AAC Technologies Holdings Inc.   6,159,500    26,902,611 
Advanced Micro-Fabrication Equipment Inc., Class A(a)   356,217    8,925,418 
AECC Aviation Power Co. Ltd., Class A   1,422,316    14,433,094 
Agile Group Holdings Ltd.   9,784,500    6,435,496 
Agora Inc., ADR(a)(c)   434,884    9,089,055 
Agricultural Bank of China Ltd., Class A   41,160,235    18,797,507 
Agricultural Bank of China Ltd., Class H   215,988,000    71,334,926 
Aier Eye Hospital Group Co. Ltd., Class A   2,856,824    19,216,501 
Air China Ltd., Class A(a)   3,421,400    4,288,506 
Air China Ltd., Class H(a)(c)   17,078,000    10,744,922 
AK Medical Holdings Ltd.(b)(c)   4,770,000    4,076,425 
Akeso Inc.(a)(b)(c)   2,468,000    15,567,775 
Alibaba Group Holding Ltd.(a)   131,536,004    2,100,326,631 
Alibaba Health Information Technology Ltd.(a)   35,258,000    32,428,647 
Alibaba Pictures Group Ltd.(a)(c)   111,910,000    11,486,245 
A-Living Smart City Services Co. Ltd., Class A(b)   4,897,750    11,506,677 
Alphamab Oncology(a)(b)   3,768,000    9,140,181 
Security   Shares    Value 
           
China (continued)          
Aluminum Corp. of China Ltd., Class A(a)   6,737,600   $5,503,105 
Aluminum Corp. of China Ltd., Class H(a)   37,316,000    18,217,367 
Anhui Conch Cement Co. Ltd., Class A   2,145,629    12,250,209 
Anhui Conch Cement Co. Ltd., Class H   10,389,500    47,301,619 
Anhui Gujing Distillery Co. Ltd., Class A   226,655    9,026,205 
Anhui Gujing Distillery Co. Ltd., Class B   899,180    12,409,157 
Anhui Kouzi Distillery Co. Ltd., Class A   543,608    5,648,061 
ANTA Sports Products Ltd.   9,333,600    149,045,745 
Aoyuan Healthy Life Group Co. Ltd.   1,000,000    374,813 
Ascentage Pharma Group International(a)(b)(c)   1,529,800    6,360,391 
Asia Cement China Holdings Corp.   5,421,000    3,448,084 
Asymchem Laboratories Tianjin Co. Ltd., Class A   177,000    14,320,406 
Autobio Diagnostics Co. Ltd., Class A   407,737    3,585,191 
Autohome Inc., ADR   647,659    22,130,508 
Avary Holding Shenzhen Co. Ltd., Class A   748,600    4,731,589 
AVIC Electromechanical Systems Co. Ltd., Class A   2,001,300    5,343,925 
AVIC Industry-Finance Holdings Co. Ltd., Class A   10,112,491    6,089,997 
AviChina Industry & Technology Co. Ltd., Class H   21,780,000    14,325,146 
Baidu Inc., ADR(a)(c)   2,393,575    358,653,278 
Bank of Beijing Co. Ltd., Class A   16,792,506    11,540,700 
Bank of Chengdu Co. Ltd., Class A   3,610,108    6,331,799 
Bank of China Ltd., Class A   17,308,600    8,290,356 
Bank of China Ltd., Class H   678,952,000    235,756,635 
Bank of Communications Co. Ltd., Class A   19,196,280    13,768,432 
Bank of Communications Co. Ltd., Class H   71,983,000    41,911,469 
Bank of Hangzhou Co. Ltd., Class A   4,340,997    9,332,171 
Bank of Jiangsu Co. Ltd., Class A   11,528,508    10,634,054 
Bank of Nanjing Co. Ltd., Class A   7,501,722    10,656,123 
Bank of Ningbo Co. Ltd., Class A   3,128,176    18,801,789 
Bank of Shanghai Co. Ltd., Class A   10,213,735    11,457,095 
Baoshan Iron & Steel Co. Ltd., Class A   12,146,673    12,346,835 
Baozun Inc., ADR(a)(c)   519,986    7,170,607 
BBMG Corp., Class A   17,878,736    7,548,348 
BeiGene Ltd., ADR(a)(c)   403,605    140,264,846 
Beijing Capital International Airport Co. Ltd., Class H(a)   16,526,000    9,592,667 
Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H(a)(c)   1,040,750    2,453,261 
Beijing Energy International Holding Co. Ltd.(a)   65,460,852    2,231,940 
Beijing Enlight Media Co. Ltd., Class A   2,365,794    3,776,934 
Beijing Enterprises Holdings Ltd.   3,709,500    12,515,713 
Beijing Enterprises Water Group Ltd.(c)   36,972,000    13,752,825 
Beijing Gas Blue Sky Holdings Ltd.(a)(d)   92,816,000    832,821 
Beijing Kingsoft Office Software Inc., Class A   209,051    8,809,153 
Beijing New Building Materials PLC, Class A   1,171,019    4,897,609 
Beijing Roborock Technology Co. Ltd., Class A   43,779    5,583,069 
Beijing Shiji Information Technology Co. Ltd., Class A   932,559    4,156,601 
Beijing Shunxin Agriculture Co. Ltd., Class A   625,600    3,144,302 
Beijing Sinnet Technology Co. Ltd., Class A   1,640,187    3,804,364 
Beijing Tiantan Biological Products Corp. Ltd., Class A   955,597    4,504,432 
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.   2,775,000    3,719,426 
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A   243,693    9,592,983 
Beijing-Shanghai High Speed Railway Co. Ltd., Class A   20,660,000    14,668,311 
BEST Inc., ADR(a)(c)   1,978,276    2,057,407 
Betta Pharmaceuticals Co. Ltd., Class A   296,694    3,881,593 


2

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
BGI Genomics Co. Ltd., Class A   342,800   $5,132,487 
Bilibili Inc., ADR(a)(c)   1,424,622    94,039,298 
Bit Digital Inc.(a)(c)   528,605    5,201,473 
BOC Aviation Ltd.(b)(c)   1,781,500    12,547,049 
BOE Technology Group Co. Ltd., Class A   18,773,100    14,187,970 
Bosideng International Holdings Ltd.(c)   28,236,000    19,870,326 
Burning Rock Biotech Ltd., ADR(a)(c)   413,259    6,388,984 
BYD Co. Ltd., Class A   943,986    45,256,098 
BYD Co. Ltd., Class H   6,800,500    267,488,007 
BYD Electronic International Co. Ltd.(c)   5,823,000    21,542,407 
By-Health Co. Ltd., Class A   1,245,200    4,615,965 
C&D International Investment Group Ltd.(c)   5,066,000    9,656,920 
Caitong Securities Co. Ltd., Class A   4,256,831    6,809,332 
Canaan Inc., ADR(a)(c)   845,635    7,433,132 
CanSino Biologics Inc., Class H(a)(b)(c)   703,400    15,443,227 
Canvest Environmental Protection Group Co. Ltd.   11,492,000    6,086,427 
Central China Management Co. Ltd.(c)   10,958,000    2,108,669 
Central China Real Estate Ltd.   9,964,000    1,405,540 
CGN New Energy Holdings Co. Ltd.(c)   14,006,000    12,328,028 
CGN Power Co. Ltd., Class H(b)   86,596,000    23,680,330 
Changchun High & New Technology Industry Group Inc., Class A   228,642    10,168,999 
Changjiang Securities Co. Ltd., Class A   6,932,696    7,816,279 
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A   244,536    8,366,808 
Chaozhou Three-Circle Group Co. Ltd., Class A   1,559,253    10,219,533 
China Aircraft Leasing Group Holdings Ltd.   4,992,000    3,208,618 
China Animal Healthcare Ltd.(d)   1,237,000    2 
China Aoyuan Group Ltd.(c)   10,769,000    3,010,569 
China BlueChemical Ltd., Class H   20,868,000    6,334,329 
China Bohai Bank Co. Ltd., Class H(b)   23,042,000    6,855,276 
China Cinda Asset Management Co. Ltd., Class H   69,012,000    11,027,052 
China CITIC Bank Corp. Ltd., Class H   73,478,000    31,537,035 
China Coal Energy Co. Ltd., Class H   17,630,000    8,862,478 
China Communications Services Corp. Ltd., Class H   21,474,000    10,222,888 
China Conch Venture Holdings Ltd.   14,372,000    70,249,215 
China Construction Bank Corp., Class A   4,832,268    4,360,803 
China Construction Bank Corp., Class H   823,229,000    536,420,999 
China CSSC Holdings Ltd., Class A   3,078,701    11,582,943 
China Datang Corp. Renewable Power Co. Ltd., Class H   24,867,000    9,559,467 
China Dongxiang Group Co. Ltd.(c)   40,018,000    3,643,598 
China East Education Holdings Ltd.(b)   5,211,000    5,445,693 
China Education Group Holdings Ltd.   6,776,000    12,464,634 
China Everbright Bank Co. Ltd., Class A   20,149,782    10,586,616 
China Everbright Bank Co. Ltd., Class H   22,942,000    7,865,773 
China Everbright Environment Group Ltd.   32,159,148    21,271,016 
China Everbright Greentech Ltd.(b)(c)   14,162,000    4,836,459 
China Everbright Ltd.(c)   8,370,000    8,971,258 
China Everbright Water Ltd.(c)   10,825,800    2,300,745 
China Evergrande Group(c)   16,347,000    4,800,542 
China Feihe Ltd.(b)   30,780,000    41,175,004 
China Fiber Optic Network System Group Ltd.(d)   10,394,800    13 
China Foods Ltd.   10,428,000    3,880,010 
China Galaxy Securities Co. Ltd., Class H   35,529,500    19,582,668 
China Gas Holdings Ltd.   26,592,200    47,975,313 
China Greatwall Technology Group Co. Ltd., Class A   2,173,600    4,801,746 
China Harmony Auto Holding Ltd.   7,952,500    4,385,195 
Security   Shares    Value 
           
China (continued)          
China High Speed Transmission Equipment Group Co. Ltd.(a)(c)   5,205,000   $4,309,343 
China Hongqiao Group Ltd.   20,062,000    19,420,402 
China Huarong Asset Management Co. Ltd., Class H(a)(b)(d)   83,902,000    8,230,960 
China Huishan Dairy Holdings Co. Ltd.(d)   16,599,187    21 
China Huiyuan Juice Group Ltd.(d)   10,877,000    14 
China International Capital Corp. Ltd., Class H(b)   14,076,400    34,052,841 
China Jinmao Holdings Group Ltd.   46,632,000    14,228,585 
China Jushi Co. Ltd., Class A   2,857,975    7,812,508 
China Kepei Education Group Ltd.(c)   8,298,000    4,506,676 
China Lesso Group Holdings Ltd.   9,825,000    14,268,115 
China Life Insurance Co. Ltd., Class A   1,623,221    7,520,485 
China Life Insurance Co. Ltd., Class H   62,243,000    102,368,639 
China Lilang Ltd.   5,446,000    2,916,438 
China Literature Ltd.(a)(b)(c)   3,545,800    24,752,626 
China Logistics Property Holdings Co. Ltd.(a)(b)(c)   14,228,000    7,663,196 
China Longyuan Power Group Corp. Ltd., Class H   28,961,000    59,198,215 
China Lumena New Materials Corp.(a)(c)(d)   64,600     
China Maple Leaf Educational Systems Ltd.(a)(c)   19,016,000    2,121,003 
China Medical System Holdings Ltd.   11,893,000    19,478,274 
China Meidong Auto Holdings Ltd.   5,120,000    24,754,242 
China Mengniu Dairy Co. Ltd.   27,412,000    153,633,131 
China Merchants Bank Co. Ltd., Class A   10,726,416    83,286,259 
China Merchants Bank Co. Ltd., Class H   33,780,464    261,695,019 
China Merchants Energy Shipping Co. Ltd., Class A   6,134,725    4,211,081 
China Merchants Land Ltd.   26,166,000    2,855,580 
China Merchants Port Holdings Co. Ltd.   11,722,270    18,038,197 
China Merchants Securities Co. Ltd., Class A   3,857,381    10,287,039 
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A   4,955,566    8,912,299 
China Metal Recycling Holdings Ltd.(d)   62,400     
China Minsheng Banking Corp. Ltd., Class A   17,809,817    10,874,426 
China Minsheng Banking Corp. Ltd., Class H   46,677,720    17,947,015 
China Modern Dairy Holdings Ltd.(c)   28,327,000    4,736,774 
China Molybdenum Co. Ltd., Class A   11,286,771    10,445,783 
China Molybdenum Co. Ltd., Class H   26,991,000    16,558,646 
China National Building Material Co. Ltd., Class H   34,190,850    36,731,869 
China National Chemical Engineering Co. Ltd., Class A   5,528,522    9,665,168 
China National Nuclear Power Co. Ltd., Class A   11,282,409    12,076,397 
China National Software & Service Co. Ltd., Class A   392,399    3,182,149 
China New Higher Education Group Ltd.(b)   9,931,000    4,986,018 
China Northern Rare Earth Group High-Tech Co. Ltd., Class A   2,094,500    17,633,078 
China Oilfield Services Ltd., Class H   15,028,000    11,833,523 
China Oriental Group Co. Ltd.   13,798,000    3,646,892 
China Overseas Grand Oceans Group Ltd.   15,654,500    7,060,629 
China Overseas Land & Investment Ltd.   32,122,500    73,848,210 
China Overseas Property Holdings Ltd.   11,745,000    10,980,185 
China Pacific Insurance Group Co. Ltd., Class A   3,813,142    16,205,498 
China Pacific Insurance Group Co. Ltd., Class H   22,574,000    65,478,382 
China Petroleum & Chemical Corp., Class A   17,297,550    10,934,307 
China Petroleum & Chemical Corp., Class H   205,742,200    89,684,919 
China Power International Development Ltd.   38,077,000    19,375,050 
China Railway Group Ltd., Class A   11,389,766    9,466,401 
China Railway Group Ltd., Class H   32,897,000    15,639,718 
China Renaissance Holdings Ltd.(b)   1,722,600    3,580,903 


 3

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
China Renewable Energy Investment Ltd.(d)   8,046   $ 
China Resources Beer Holdings Co. Ltd.   12,704,000    104,206,601 
China Resources Cement Holdings Ltd.   20,138,000    14,658,328 
China Resources Gas Group Ltd.   7,986,000    41,322,788 
China Resources Land Ltd.   27,533,777    115,028,268 
China Resources Medical Holdings Co. Ltd.   9,397,500    5,887,519 
China Resources Mixc Lifestyle Services Ltd.(b)   4,891,400    24,134,185 
China Resources Power Holdings Co. Ltd.   16,706,000    43,254,360 
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A   1,304,027    5,000,230 
China SCE Group Holdings Ltd.   19,500,200    5,148,926 
China Shenhua Energy Co. Ltd., Class A   3,742,929    11,501,386 
China Shenhua Energy Co. Ltd., Class H   28,904,500    59,885,235 
China Shineway Pharmaceutical Group Ltd.   4,328,000    3,992,626 
China South City Holdings Ltd.(c)   46,478,000    3,090,310 
China Southern Airlines Co. Ltd., Class A(a)   6,583,384    6,306,773 
China Southern Airlines Co. Ltd., Class H(a)(c)   13,106,000    7,237,285 
China State Construction Engineering Corp. Ltd., Class A   19,588,819    14,248,368 
China State Construction International Holdings Ltd.   17,408,000    17,601,028 
China Suntien Green Energy Corp. Ltd., Class H   15,000,000    10,521,929 
China Taiping Insurance Holdings Co. Ltd.   13,603,508    18,924,003 
China Tobacco International HK Co. Ltd.(c)   3,424,000    7,788,869 
China Tourism Group Duty Free Corp. Ltd., Class A   1,033,679    33,400,814 
China Tower Corp. Ltd., Class H(b)   346,346,000    43,838,041 
China Traditional Chinese Medicine Holdings Co. Ltd.   23,424,000    11,294,465 
China Travel International Investment Hong Kong Ltd.(a)   31,558,000    5,299,421 
China United Network Communications Ltd., Class A   6,248,000    3,818,549 
China Vanke Co. Ltd., Class A   5,367,168    15,358,557 
China Vanke Co. Ltd., Class H   14,020,187    31,807,101 
China Vast Industrial Urban Development Co. Ltd.(b)   2,953,000    636,194 
China Water Affairs Group Ltd.(c)   9,440,000    10,831,568 
China Yangtze Power Co. Ltd., Class A   11,883,830    36,455,069 
China Yuchai International Ltd.   128,233    1,519,561 
China Yuhua Education Corp. Ltd.(b)   14,728,000    7,044,811 
China Zhenhua Group Science & Technology Co. Ltd., Class A   265,200    5,041,570 
China Zheshang Bank Co. Ltd., Class A   19,016,200    10,235,396 
China Zhongwang Holdings Ltd.(a)(c)(d)   15,649,600    2,840,188 
Chinasoft International Ltd.   23,098,000    38,404,456 
Chindata Group Holdings Ltd., ADR(a)(c)   843,746    7,981,837 
Chongqing Brewery Co. Ltd., Class A(a)   334,300    7,571,916 
Chongqing Changan Automobile Co. Ltd., Class A   3,392,096    9,232,407 
Chongqing Zhifei Biological Products Co. Ltd., Class A   855,576    17,290,446 
CIFI Ever Sunshine Services Group Ltd.   6,564,000    11,043,711 
CIFI Holdings Group Co. Ltd.   27,970,000    15,243,973 
CIMC Enric Holdings Ltd.(c)   8,342,000    11,358,932 
CITIC Ltd.   50,218,000    45,235,168 
CITIC Securities Co. Ltd., Class A   5,942,245    22,154,628 
CITIC Securities Co. Ltd., Class H   18,989,500    45,146,336 
CMGE Technology Group Ltd.(c)   15,330,000    6,550,709 
COFCO Joycome Foods Ltd.(c)   21,942,000    7,370,708 
Colour Life Services Group Co. Ltd.(c)   4,444,000    644,990 
Security   Shares    Value 
           
China (continued)          
Concord New Energy Group Ltd.   84,910,000   $8,699,747 
Contemporary Amperex Technology Co. Ltd., Class A   1,231,747    131,482,694 
COSCO SHIPPING Holdings Co. Ltd., Class A(a)   6,947,246    18,885,063 
COSCO SHIPPING Holdings Co. Ltd., Class H(a)(c)   28,894,100    49,244,969 
COSCO SHIPPING International Hong Kong Co. Ltd.   11,868,000    3,672,432 
COSCO SHIPPING Ports Ltd.   16,000,000    12,573,784 
Country Garden Holdings Co. Ltd.   65,568,733    57,786,873 
Country Garden Services Holdings Co. Ltd.   15,067,000    91,346,049 
CPMC Holdings Ltd.   7,749,000    3,978,618 
CRRC Corp. Ltd., Class A   8,384,200    8,030,126 
CRRC Corp. Ltd., Class H   37,530,000    16,652,193 
CSC Financial Co. Ltd., Class A   2,378,692    10,449,507 
CSPC Pharmaceutical Group Ltd.   78,075,760    80,945,650 
CStone Pharmaceuticals(a)(b)   5,817,500    7,746,676 
Dada Nexus Ltd., ADR(a)(c)   456,657    8,251,792 
Dali Foods Group Co. Ltd.(b)   18,213,500    9,576,218 
Daqo New Energy Corp., ADR(a)   511,963    29,355,958 
DaShenLin Pharmaceutical Group Co. Ltd., Class A   668,874    3,704,468 
DHC Software Co. Ltd., Class A   3,659,998    4,165,447 
DiDi Global Inc., ADR(a)(c)   2,640,426    20,146,450 
Differ Group Holding Co. Ltd.(c)   31,030,000    6,326,968 
Digital China Holdings Ltd.   9,078,000    4,932,326 
Dongfeng Motor Group Co. Ltd., Class H   23,362,000    21,687,641 
Dongxing Securities Co. Ltd., Class A   3,506,467    6,583,494 
Dongyue Group Ltd.(c)   12,748,000    24,076,159 
DouYu International Holdings Ltd., ADR(a)(c)   1,244,183    3,458,829 
East Money Information Co. Ltd., Class A   5,641,493    30,661,456 
Ecovacs Robotics Co. Ltd., Class A   304,400    7,891,990 
EHang Holdings Ltd., ADR(a)(c)   268,864    5,686,474 
ENN Energy Holdings Ltd.(c)   6,867,100    128,573,730 
Eve Energy Co. Ltd., Class A   1,025,831    23,527,079 
Everbright Securities Co. Ltd., Class A   2,536,286    5,747,374 
Excellence Commercial Property & Facilities Management Group Ltd.   4,218,000    2,519,975 
Fangda Carbon New Material Co. Ltd., Class A   3,676,084    6,965,549 
Fanhua Inc., ADR   443,522    5,677,082 
Fantasia Holdings Group Co. Ltd.   23,425,500    946,272 
Far East Horizon Ltd.   15,256,000    13,244,822 
Fiberhome Telecommunication Technologies Co. Ltd., Class A   1,308,898    3,648,446 
FinVolution Group, ADR   1,020,823    5,992,231 
First Capital Securities Co. Ltd., Class A   3,742,400    4,083,796 
Flat Glass Group Co. Ltd., Class A   232,400    1,662,008 
Flat Glass Group Co. Ltd., Class H(c)   3,788,000    16,519,767 
Focus Media Information Technology Co. Ltd., Class A   8,726,199    9,727,104 
Foshan Haitian Flavouring & Food Co. Ltd., Class A   1,837,805    32,457,325 
Fosun International Ltd.   22,329,000    24,368,312 
Founder Securities Co. Ltd., Class A   7,733,587    9,391,959 
Foxconn Industrial Internet Co. Ltd., Class A   4,563,334    8,002,397 
Fu Jian Anjoy Foods Co. Ltd., Class A   174,100    4,752,635 
Fu Shou Yuan International Group Ltd.   9,775,000    7,856,286 
Fufeng Group Ltd.   17,051,400    6,814,416 
Fuyao Glass Industry Group Co. Ltd., Class A   1,205,600    8,774,652 
Fuyao Glass Industry Group Co. Ltd., Class H(b)   5,181,600    28,437,562 


4

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Ganfeng Lithium Co. Ltd., Class A   674,084   $17,935,532 
Ganfeng Lithium Co. Ltd., Class H(b)   2,227,600    43,053,517 
Gaotu Techedu Inc., ADR(a)(c)   1,126,504    3,007,766 
GDS Holdings Ltd., ADR(a)(c)   778,852    43,646,866 
Geely Automobile Holdings Ltd.   50,984,000    150,576,916 
Gemdale Corp., Class A   3,108,396    4,882,425 
Gemdale Properties & Investment Corp. Ltd.   64,436,000    6,182,402 
Genertec Universal Medical Group Co. Ltd.(b)   11,430,000    7,891,687 
Genscript Biotech Corp.(a)   10,040,000    52,755,060 
GF Securities Co. Ltd., Class A   2,894,830    10,588,171 
GF Securities Co. Ltd., Class H   10,160,400    17,701,786 
Gigadevice Semiconductor Beijing Inc., Class A   424,935    10,054,531 
Ginlong Technologies Co. Ltd., Class A   127,500    5,106,409 
Glory Sun Financial Group Ltd.(a)   150,508,000    4,425,993 
GoerTek Inc., Class A   1,868,062    15,226,269 
GOME Retail Holdings Ltd.(a)(c)   107,415,000    9,342,378 
Gotion High-tech Co. Ltd., Class A(a)   895,100    9,359,713 
Great Wall Motor Co. Ltd., Class A   1,322,300    12,414,973 
Great Wall Motor Co. Ltd., Class H(c)   26,720,500    111,027,118 
Greenland Holdings Corp. Ltd., Class A   6,003,803    3,863,752 
Greenland Hong Kong Holdings Ltd.   9,314,000    1,882,504 
Greentown China Holdings Ltd.(c)   7,307,500    10,814,429 
Greentown Management Holdings Co. Ltd.(b)   6,919,000    4,000,686 
Greentown Service Group Co. Ltd.   12,540,000    12,028,623 
Guangdong Haid Group Co. Ltd., Class A   1,030,820    10,395,099 
Guangdong Investment Ltd.   24,978,000    33,248,479 
Guangdong Kinlong Hardware Products Co. Ltd., Class A   249,500    6,008,796 
Guangzhou Automobile Group Co. Ltd., Class H   25,197,200    25,699,780 
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A   1,688,088    7,785,443 
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A   327,100    5,632,221 
Guangzhou R&F Properties Co. Ltd., Class H(c)   11,890,000    6,435,318 
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A   476,483    5,189,590 
Guangzhou Tinci Materials Technology Co. Ltd., Class A   624,798    13,245,488 
Guosen Securities Co. Ltd., Class A   5,619,567    9,731,407 
Guotai Junan Securities Co. Ltd., Class A   3,573,425    9,379,960 
Guoyuan Securities Co. Ltd., Class A   4,481,571    5,235,039 
Haidilao International Holding Ltd.(b)(c)   9,398,000    20,709,527 
Haier Smart Home Co. Ltd., Class A   4,453,837    18,981,560 
Haier Smart Home Co. Ltd., Class H   17,977,000    67,082,725 
Hainan Meilan International Airport Co. Ltd., Class H(a)   1,756,000    5,730,982 
Haitian International Holdings Ltd.   5,480,000    15,137,156 
Haitong Securities Co. Ltd., Class A   6,026,131    11,190,607 
Haitong Securities Co. Ltd., Class H   21,532,400    18,078,896 
Hangzhou First Applied Material Co. Ltd., Class A   631,500    12,057,293 
Hangzhou Robam Appliances Co. Ltd., Class A   816,309    4,026,136 
Hangzhou Silan Microelectronics Co. Ltd., Class A   860,300    8,382,084 
Hangzhou Steam Turbine Co. Ltd., Class B   3,898,263    8,673,360 
Hangzhou Tigermed Consulting Co. Ltd., Class A   244,274    5,290,392 
Hangzhou Tigermed Consulting Co. Ltd., Class H(b)   1,048,200    16,603,798 
Hansoh Pharmaceutical Group Co. Ltd.(b)   10,202,000    20,911,862 
Harbin Electric Co. Ltd., Class H   8,476,000    4,001,604 
Hefei Meiya Optoelectronic Technology Inc., Class A   601,460    3,678,929 
Security   Shares    Value 
           
China (continued)          
Hello Group Inc., ADR   1,322,925   $15,306,242 
Henan Shuanghui Investment & Development Co. Ltd., Class A   1,795,747    8,034,634 
Hengan International Group Co. Ltd.   5,384,500    26,003,368 
Hengli Petrochemical Co. Ltd., Class A   3,199,830    10,636,225 
HengTen Networks Group Ltd.(a)(c)   26,671,200    11,229,242 
Hengyi Petrochemical Co. Ltd., Class A   3,279,461    5,401,173 
Hi Sun Technology China Ltd.(a)(c)   25,506,000    3,279,418 
Hithink RoyalFlush Information Network Co. Ltd., Class A   366,902    6,745,883 
Hongfa Technology Co. Ltd., Class A   383,620    4,369,767 
Hope Education Group Co. Ltd.(b)   31,460,000    6,861,274 
Hopson Development Holdings Ltd.   6,333,190    15,324,484 
Hoshine Silicon Industry Co. Ltd., Class A   221,300    5,364,522 
Hua Han Health Industry Holdings Ltd.(d)   22,424,288    29 
Hua Hong Semiconductor Ltd.(a)(b)   4,546,000    30,287,856 
Hua Medicine(a)(b)   6,695,500    3,520,072 
Huadong Medicine Co. Ltd., Class A   1,291,151    6,884,667 
Huafon Chemical Co. Ltd., Class A   3,402,366    5,713,905 
Hualan Biological Engineering Inc., Class A   1,132,120    5,134,026 
Huaneng Power International Inc., Class H(c)   35,794,000    15,979,033 
Huatai Securities Co. Ltd., Class A   3,876,351    9,630,636 
Huatai Securities Co. Ltd., Class H(b)   12,231,400    17,525,087 
Huaxia Bank Co. Ltd., Class A   12,063,018    10,669,009 
Huaxin Cement Co. Ltd., Class A   1,341,169    3,745,880 
Huayu Automotive Systems Co. Ltd., Class A   1,941,310    7,858,722 
Huazhu Group Ltd., ADR(a)   1,528,873    60,421,061 
Huizhou Desay Sv Automotive Co. Ltd., Class A   236,100    5,155,891 
Humanwell Healthcare Group Co. Ltd., Class A   869,100    2,911,038 
Hundsun Technologies Inc., Class A   1,128,087    10,386,193 
HUYA Inc., ADR(a)(c)   693,021    5,966,911 
iClick Interactive Asia Group Ltd., ADR(a)(c)   722,823    4,792,316 
Iflytek Co. Ltd., Class A   1,333,584    11,293,688 
I-Mab, ADR(a)(c)   310,571    18,777,123 
IMAX China Holding Inc.(b)(c)   1,404,900    2,324,084 
Imeik Technology Development Co. Ltd., Class A   116,000    10,290,866 
Industrial & Commercial Bank of China Ltd., Class A   32,407,980    23,271,470 
Industrial & Commercial Bank of China Ltd., Class H   481,103,000    254,230,730 
Industrial Bank Co. Ltd., Class A   10,796,079    30,450,881 
Industrial Securities Co. Ltd., Class A   6,146,424    8,253,538 
Ingenic Semiconductor Co. Ltd., Class A   241,503    5,162,357 
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A(a)   29,730,100    13,436,810 
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A   6,189,600    5,145,442 
Inner Mongolia Yili Industrial Group Co. Ltd., Class A   3,136,662    19,277,563 
Inner Mongolia Yitai Coal Co. Ltd., Class B   10,483,695    8,336,215 
Innovent Biologics Inc.(a)(b)   10,128,500    89,479,097 
Inspur Electronic Information Industry Co. Ltd., Class A   1,384,772    7,069,641 
Inspur International Ltd.(a)   6,700,000    3,427,822 
Intco Medical Technology Co. Ltd., Class A   346,950    3,558,056 
iQIYI Inc., ADR(a)(c)   2,444,983    15,256,694 
JA Solar Technology Co. Ltd., Class A   851,100    11,637,157 
Jafron Biomedical Co. Ltd., Class A   599,973    4,834,847 
Jason Furniture Hangzhou Co. Ltd., Class A   604,259    6,337,048 
JCET Group Co. Ltd., Class A   1,168,500    6,077,335 


 5

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
JD Health International Inc.(a)(b)   3,093,250   $26,732,377 
JD.com Inc., ADR(a)   7,577,302    637,326,871 
Jiangsu Eastern Shenghong Co. Ltd., Class A   2,357,900    8,752,291 
Jiangsu Expressway Co. Ltd., Class H   9,776,000    9,506,704 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   795,196    9,851,641 
Jiangsu Hengrui Medicine Co. Ltd., Class A   3,273,883    25,860,050 
Jiangsu King’s Luck Brewery JSC Ltd., Class A   911,756    8,067,805 
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A   789,851    21,545,640 
Jiangsu Zhongtian Technology Co. Ltd., Class A   1,579,600    4,609,906 
Jiangxi Copper Co. Ltd., Class H   11,547,000    18,555,919 
Jiangxi Zhengbang Technology Co. Ltd., Class A   2,655,200    4,019,829 
Jiayuan International Group Ltd.(c)   16,504,000    6,349,320 
Jinchuan Group International Resources Co. Ltd.(c)   36,103,000    5,435,566 
Jinke Properties Group Co. Ltd., Class A   3,817,700    2,464,540 
JinkoSolar Holding Co. Ltd., ADR(a)(c)   326,828    17,086,568 
Jinxin Fertility Group Ltd.(a)(b)(c)   11,415,500    15,862,840 
JiuGui Liquor Co. Ltd., Class A   236,900    8,343,658 
Jiumaojiu International Holdings Ltd.(b)   6,760,000    13,962,724 
JNBY Design Ltd.   2,619,500    4,413,982 
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A   609,442    3,136,520 
JOYY Inc., ADR   486,374    24,902,349 
Juewei Food Co. Ltd., Class A   461,300    4,701,051 
JW Cayman Therapeutics Co. Ltd.(a)(b)(c)   2,025,000    3,274,456 
Kaisa Group Holdings Ltd.(c)   27,496,000    3,750,016 
Kangji Medical Holdings Ltd.(c)   3,795,000    4,255,965 
KE Holdings Inc., ADR(a)(c)   3,097,693    61,984,837 
Kingboard Holdings Ltd.   6,018,200    30,210,686 
Kingboard Laminates Holdings Ltd.   8,796,500    15,423,733 
Kingdee International Software Group Co. Ltd.(a)   22,660,000    68,010,616 
Kingfa Sci & Tech Co. Ltd., Class A   1,975,300    4,219,251 
Kingsoft Cloud Holdings Ltd., ADR(a)(c)   502,076    8,675,873 
Kingsoft Corp. Ltd.   8,241,400    35,662,451 
Konka Group Co. Ltd., Class B   9,714,618    2,961,720 
Koolearn Technology Holding Ltd.(a)(b)(c)   3,606,500    3,767,867 
Kuaishou Technology(a)(b)   4,015,400    43,591,471 
Kuang-Chi Technologies Co. Ltd., Class A(a)   1,547,400    5,631,549 
Kunlun Energy Co. Ltd.   34,244,000    32,206,025 
Kweichow Moutai Co. Ltd., Class A   651,592    197,622,099 
KWG Group Holdings Ltd.   10,914,000    8,093,268 
KWG Living Group Holdings Ltd.   11,977,999    7,240,822 
LB Group Co. Ltd., Class A   1,584,107    6,947,633 
Lee & Man Paper Manufacturing Ltd.   12,816,000    8,796,245 
Lenovo Group Ltd.(c)   63,354,000    64,875,065 
Lens Technology Co. Ltd., Class A   2,825,015    9,287,197 
Lepu Medical Technology Beijing Co. Ltd., Class A   1,465,900    5,112,637 
LexinFintech Holdings Ltd., ADR(a)(c)   1,024,711    4,303,786 
Li Auto Inc., ADR(a)(c)   4,762,241    168,773,821 
Li Ning Co. Ltd.   19,506,500    220,629,999 
Lifetech Scientific Corp.(a)   32,542,000    17,591,718 
Lingyi iTech Guangdong Co., Class A(a)   4,777,533    5,078,601 
Logan Group Co. Ltd.   11,380,000    10,988,895 
Longfor Group Holdings Ltd.(b)   15,651,500    74,294,008 
LONGi Green Energy Technology Co. Ltd., Class A   2,870,785    39,759,813 
Lonking Holdings Ltd.   21,054,000    5,431,902 
Luxshare Precision Industry Co. Ltd., Class A   3,675,916    22,850,790 
Luye Pharma Group Ltd.(a)(b)   15,966,000    7,319,623 
Security   Shares    Value 
           
China (continued)          
Luzhou Laojiao Co. Ltd., Class A   776,208   $28,146,637 
LVGEM China Real Estate Investment Co. Ltd.(a)(c)   11,822,000    2,137,602 
Mango Excellent Media Co. Ltd., Class A   1,096,432    7,506,315 
Maoyan Entertainment(a)(b)(c)   5,440,400    6,116,779 
Maxscend Microelectronics Co. Ltd., Class A   191,920    11,236,404 
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A(a)   2,701,928    3,165,994 
Meitu Inc.(a)(b)   23,458,500    4,849,042 
Meituan, Class B(a)(b)   35,272,800    1,072,091,742 
Metallurgical Corp. of China Ltd., Class A   14,085,200    8,388,649 
Microport Scientific Corp.   5,688,700    23,643,179 
Ming Yang Smart Energy Group Ltd., Class A   1,005,000    5,030,920 
Ming Yuan Cloud Group Holdings Ltd.   4,317,000    12,305,482 
Minth Group Ltd.   6,508,000    30,225,337 
MMG Ltd.(a)   25,103,999    9,092,068 
Mobvista Inc.(a)(b)(c)   5,865,000    5,122,161 
Montage Technology Co. Ltd., Class A   388,400    5,021,472 
Muyuan Foods Co. Ltd., Class A   2,800,762    22,939,131 
Nanjing Securities Co. Ltd., Class A   3,361,087    5,021,642 
NARI Technology Co. Ltd., Class A   3,174,356    20,625,243 
National Silicon Industry Group Co. Ltd., Class A(a)   1,339,419    6,222,673 
NAURA Technology Group Co. Ltd., Class A   280,175    17,018,140 
NavInfo Co. Ltd., Class A(a)   2,151,150    5,273,594 
NetDragon Websoft Holdings Ltd.   2,814,000    6,410,033 
NetEase Inc., ADR   3,512,827    378,436,853 
New China Life Insurance Co. Ltd., Class A   1,198,801    7,116,644 
New China Life Insurance Co. Ltd., Class H   6,830,800    18,247,188 
New Hope Liuhe Co. Ltd., Class A(a)   2,872,644    6,475,429 
New Oriental Education & Technology Group Inc., ADR(a)(c)   13,335,999    29,472,558 
Newborn Town Inc.(a)   6,706,000    3,315,260 
Nexteer Automotive Group Ltd.(c)   7,692,000    9,944,501 
Nine Dragons Paper Holdings Ltd.   14,463,000    16,132,618 
Ninestar Corp., Class A   1,118,000    7,718,991 
Ningbo Tuopu Group Co. Ltd., Class A   567,700    5,978,840 
Ningxia Baofeng Energy Group Co. Ltd., Class A   3,739,600    9,524,295 
NIO Inc., ADR(a)(c)   11,765,044    460,366,172 
Niu Technologies, ADR(a)(c)   326,641    6,643,878 
Noah Holdings Ltd., ADR(a)(c)   293,082    10,676,977 
Nongfu Spring Co. Ltd., Class H(b)(c)   14,580,000    83,670,903 
Offshore Oil Engineering Co. Ltd., Class A   2,564,800    1,728,596 
OFILM Group Co. Ltd., Class A   2,299,689    3,164,278 
OneConnect Financial Technology Co. Ltd., ADR(a)(c)   1,251,635    3,204,186 
OneSmart International Education Group Ltd., ADR(a)(c)(d)   1,146,549    458,849 
Oppein Home Group Inc., Class A   379,080    7,197,739 
Orient Securities Co. Ltd., Class A   4,642,468    10,243,873 
Ovctek China Inc., Class A   625,965    5,646,461 
PAX Global Technology Ltd.   81,000    62,672 
Peijia Medical Ltd.(a)(b)(c)   2,222,000    4,781,375 
People’s Insurance Co. Group of China Ltd. (The), Class H   76,163,000    22,253,836 
Perfect World Co. Ltd., Class A   1,320,186    3,906,903 
PetroChina Co. Ltd., Class A   11,208,800    8,268,922 
PetroChina Co. Ltd., Class H   181,620,000    78,642,974 
Pharmaron Beijing Co. Ltd., Class A   392,100    11,187,670 
Pharmaron Beijing Co. Ltd., Class H(b)   1,188,600    24,522,412 
PICC Property & Casualty Co. Ltd., Class H   58,109,040    49,679,861 


6

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

  

Security  Shares   Value 
         
China (continued)          
Pinduoduo Inc., ADR(a)   3,792,740   $252,217,210 
Ping An Bank Co. Ltd., Class A   10,202,236    27,923,037 
Ping An Healthcare and Technology Co. Ltd.(a)(b)(c)   4,063,600    15,299,692 
Ping An Insurance Group Co. of China Ltd., Class A   5,793,212    43,842,890 
Ping An Insurance Group Co. of China Ltd., Class H   54,124,000    375,200,651 
Poly Developments and Holdings Group Co. Ltd., Class A   6,576,411    14,301,528 
Poly Property Group Co. Ltd.   17,531,000    4,406,355 
Postal Savings Bank of China Co. Ltd., Class A   12,880,500    10,247,096 
Postal Savings Bank of China Co. Ltd., Class H(b)   70,116,000    47,499,301 
Pou Sheng International Holdings Ltd.(a)   24,472,000    3,452,065 
Power Construction Corp. of China Ltd., Class A   9,814,344    10,128,052 
Powerlong Commercial Management Holdings Ltd.   2,203,500    4,440,294 
Powerlong Real Estate Holdings Ltd.   10,619,000    6,396,595 
Q Technology Group Co. Ltd.   4,719,000    6,639,919 
Redco Properties Group Ltd.(b)(c)   10,956,000    3,175,245 
Redsun Properties Group Ltd.(c)   16,239,000    4,602,230 
RiseSun Real Estate Development Co. Ltd., Class A   6,361,062    4,133,849 
RLX Technology Inc., ADR(a)(c)   5,385,745    22,135,412 
Road King Infrastructure Ltd.   3,423,000    3,193,814 
Rongsheng Petrochemical Co. Ltd., Class A   5,323,300    13,561,800 
Ronshine China Holdings Ltd.(c)   6,917,500    2,630,910 
SAIC Motor Corp. Ltd., Class A   4,069,000    12,752,706 
Sanan Optoelectronics Co. Ltd., Class A   2,468,700    13,623,691 
Sangfor Technologies Inc., Class A   284,800    8,843,027 
Sany Heavy Equipment International Holdings Co. Ltd.   10,845,000    11,259,060 
Sany Heavy Industry Co. Ltd., Class A   4,460,211    15,371,407 
Satellite Chemical Co. Ltd., Class A   886,100    5,497,675 
SDIC Capital Co. Ltd., Class A   5,776,440    7,251,352 
SDIC Power Holdings Co. Ltd., Class A   4,744,228    7,400,114 
Seazen Group Ltd.   19,004,000    13,628,744 
Seazen Holdings Co. Ltd., Class A   1,467,926    7,183,716 
SF Holding Co. Ltd., Class A   2,449,392    23,553,400 
SG Micro Corp., Class A   169,700    9,124,083 
Shaanxi Coal Industry Co. Ltd., Class A   6,023,890    11,269,864 
Shandong Gold Mining Co. Ltd., Class A   2,324,201    6,996,563 
Shandong Gold Mining Co. Ltd., Class H(b)(c)   4,621,500    8,326,773 
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A   1,553,950    7,205,047 
Shandong Linglong Tyre Co. Ltd., Class A   927,741    5,617,849 
Shandong Weigao Group Medical Polymer Co. Ltd., Class H   21,848,400    30,742,369 
Shanghai Bairun Investment Holding Group Co. Ltd., Class A   600,660    5,522,734 
Shanghai Baosight Software Co. Ltd., Class A   1,019,867    10,619,346 
Shanghai Baosight Software Co. Ltd., Class B   3,319,947    16,171,462 
Shanghai Chlor-Alkali Chemical Co. Ltd., Class B   6,776,909    4,382,763 
Shanghai Construction Group Co. Ltd., Class A   13,756,700    6,695,583 
Shanghai Electric Group Co. Ltd., Class A   6,584,500    5,005,730 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A   1,058,100    9,286,970 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H   4,335,000    22,399,008 
Shanghai Haixin Group Co., Class B   7,319,491    2,459,349 
Shanghai Industrial Holdings Ltd.   4,982,000    7,160,155 
Security   Shares    Value 
           
China (continued)          
Shanghai Industrial Urban Development          
Group Ltd.   28,846,200   $2,498,130 
Shanghai International Airport Co. Ltd., Class A(a)   711,203    4,817,869 
Shanghai International Port Group Co. Ltd., Class A   12,491,800    9,401,937 
Shanghai Jinjiang International Hotels Co. Ltd., Class A   737,978    6,054,941 
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B   10,675,113    9,671,652 
Shanghai M&G Stationery Inc., Class A   667,447    5,874,743 
Shanghai Pharmaceuticals Holding Co. Ltd., Class H   7,493,000    13,662,137 
Shanghai Pudong Development Bank Co. Ltd., Class A   15,019,733    20,053,591 
Shanghai Putailai New Energy Technology Co. Ltd., Class A   452,060    13,003,780 
Shanghai RAAS Blood Products Co. Ltd., Class A   5,352,734    5,512,648 
Shanxi Meijin Energy Co. Ltd., Class A(a)   3,244,543    6,881,044 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A   658,319    32,288,091 
Shenergy Co. Ltd., Class A   6,374,842    6,173,869 
Sheng Ye Capital Ltd.   7,327,000    6,661,763 
Shengyi Technology Co. Ltd., Class A   1,683,108    6,228,843 
Shennan Circuits Co. Ltd., Class A   309,171    5,104,886 
Shenwan Hongyuan Group Co. Ltd., Class A   14,684,592    11,638,316 
Shenzhen Goodix Technology Co. Ltd., Class A   312,052    5,391,570 
Shenzhen Inovance Technology Co. Ltd., Class A   1,388,982    14,362,186 
Shenzhen International Holdings Ltd.   9,709,250    10,589,911 
Shenzhen Investment Ltd.(c)   26,574,000    6,017,985 
Shenzhen Kangtai Biological Products Co. Ltd., Class A   401,200    7,257,525 
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A   645,446    36,500,714 
Shenzhen Overseas Chinese Town Co. Ltd., Class A   6,068,802    5,623,177 
Shenzhen Sunway Communication Co. Ltd., Class A   867,000    3,396,930 
Shenzhen Transsion Holding Co. Ltd., Class A   296,271    7,784,530 
Shenzhou International Group Holdings Ltd.   7,138,600    134,047,529 
Shimao Group Holdings Ltd.   10,021,000    11,549,026 
Shimao Services Holdings Ltd.(b)   5,101,000    6,302,987 
Shoucheng Holdings Ltd.   23,870,800    5,792,523 
Shougang Fushan Resources Group Ltd.   30,936,000    8,026,531 
Shui On Land Ltd.   45,112,666    5,995,894 
Sichuan Chuantou Energy Co. Ltd., Class A   3,942,446    7,071,819 
Sichuan Kelun Pharmaceutical Co. Ltd., Class A   1,532,820    4,566,622 
Sichuan Swellfun Co. Ltd., Class A   349,600    7,102,551 
Sihuan Pharmaceutical Holdings Group Ltd.(c)   35,547,000    6,930,794 
Silergy Corp.(c)   689,000    116,453,836 
Sinofert Holdings Ltd.(c)   32,130,000    4,730,807 
Sinolink Securities Co. Ltd., Class A   2,818,200    4,693,106 
Sinoma Science & Technology Co. Ltd., Class A   864,500    4,956,295 
Sino-Ocean Group Holding Ltd.(c)   28,225,500    6,600,648 
Sinopec Engineering Group Co. Ltd., Class H   15,075,500    7,338,857 
Sinopec Kantons Holdings Ltd.   12,916,000    4,705,502 
Sinopharm Group Co. Ltd., Class H   11,551,200    25,103,458 
Sinotruk Hong Kong Ltd.   6,160,500    9,116,573 
Skshu Paint Co. Ltd., Class A   324,580    6,064,392 
Skyfame Realty Holdings Ltd.   50,570,000    5,706,797 
Skyworth Group Ltd.(a)   15,692,000    9,538,353 


 7

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Smoore International Holdings Ltd.(b)(c)   15,517,000   $92,501,648 
SOHO China Ltd.(a)   19,693,000    4,394,181 
Sohu.com Ltd., ADR(a)(c)   303,053    5,112,504 
Songcheng Performance Development Co. Ltd., Class A   2,141,656    4,431,301 
SOS Ltd., ADR(a)(c)   1,887,408    2,415,882 
Spring Airlines Co. Ltd., Class A(a)   778,296    6,731,717 
SSY Group Ltd.(c)   12,032,411    6,018,826 
StarPower Semiconductor Ltd., Class A   87,900    6,627,189 
Sun Art Retail Group Ltd.   17,590,000    7,113,427 
Sunac China Holdings Ltd.   21,715,000    38,942,277 
Sunac Services Holdings Ltd.(a)(b)   6,266,000    9,906,117 
Sungrow Power Supply Co. Ltd., Class A   809,800    20,533,638 
Suning.com Co. Ltd., Class A(a)   7,034,071    4,253,699 
Sunny Optical Technology Group Co. Ltd.   6,184,600    186,285,125 
Sunwoda Electronic Co. Ltd., Class A   1,160,100    9,604,058 
Superb Summit International Group Ltd.(d)   1,998,771    851 
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A   1,402,500    5,261,997 
Suzhou Maxwell Technologies Co. Ltd., Class A   53,100    5,880,075 
SuZhou TA&A Ultra Clean Technology Co. Ltd., Class A   300,300    5,282,903 
TAL Education Group, ADR(a)(c)   3,561,801    18,450,129 
TBEA Co. Ltd., Class A   1,913,401    6,879,408 
TCL Electronics Holdings Ltd.   9,397,000    4,941,228 
TCL Technology Group Corp., Class A   8,878,900    8,551,618 
Tencent Holdings Ltd.   49,870,400    2,908,394,684 
Tencent Music Entertainment Group, ADR(a)(c)   5,718,450    41,115,655 
Thunder Software Technology Co. Ltd., Class A   383,700    9,433,489 
Tian Lun Gas Holdings Ltd.   4,131,500    3,939,332 
Tiangong International Co. Ltd.(c)   13,024,000    7,627,832 
Tianjin Port Development Holdings Ltd.   47,448,000    3,733,631 
Tianjin Zhonghuan Semiconductor Co. Ltd., Class A   1,932,891    13,700,407 
Tianli Education International Holdings Ltd.   14,731,000    3,511,292 
Tianma Microelectronics Co. Ltd., Class A   3,126,832    6,143,090 
Tianneng Power International Ltd.(c)   6,010,000    6,627,647 
Tianshui Huatian Technology Co. Ltd., Class A   2,799,907    6,065,369 
Times Neighborhood Holdings Ltd.(c)   7,611,000    3,355,027 
Tingyi Cayman Islands Holding Corp.   17,046,000    32,931,390 
Toly Bread Co. Ltd., Class A   844,526    4,105,344 
Tong Ren Tang Technologies Co. Ltd., Class H   6,936,000    5,225,525 
Tongcheng-Elong Holdings Ltd.(a)   8,224,000    16,936,293 
Tongdao Liepin Group(a)   2,187,800    4,286,943 
Tonghua Dongbao Pharmaceutical Co. Ltd., Class A   1,747,299    3,031,653 
Tongwei Co. Ltd., Class A   2,398,859    16,901,907 
Topchoice Medical Corp., Class A(a)   194,699    6,066,894 
Topsports International Holdings Ltd.(b)   12,165,000    14,145,145 
Towngas China Co. Ltd.   10,633,000    7,209,460 
TravelSky Technology Ltd., Class H   7,953,000    13,136,138 
Trip.com Group Ltd., ADR(a)(c)   4,401,621    121,044,577 
Tsingtao Brewery Co. Ltd., Class A   459,800    7,113,223 
Tsingtao Brewery Co. Ltd., Class H   4,442,000    35,906,490 
Unigroup Guoxin Microelectronics Co. Ltd., Class A   374,410    13,542,110 
Uni-President China Holdings Ltd.   11,145,000    10,934,351 
Unisplendour Corp. Ltd., Class A   2,027,861    8,221,867 
Untrade SMI Holdings(d)   12,533,884    16 
Up Fintech Holding Ltd., ADR(a)(c)   891,693    5,385,826 
Security   Shares    Value 
           
China (continued)          
Uxin Ltd., ADR(a)   2,128,567   $4,704,133 
Venus MedTech Hangzhou Inc., Class H(a)(b)(c)   2,048,500    10,229,776 
Vinda International Holdings Ltd.(c)   3,414,000    9,237,676 
Vipshop Holdings Ltd., ADR(a)(c)   3,867,171    37,782,261 
Viva Biotech Holdings(b)   7,923,000    4,732,157 
Vnet Group Inc., ADR(a)(c)   856,424    8,324,441 
Walvax Biotechnology Co. Ltd., Class A   941,889    10,151,541 
Wanhua Chemical Group Co. Ltd., Class A   1,717,586    25,733,594 
Want Want China Holdings Ltd.   42,805,000    36,132,157 
Weibo Corp., ADR(a)(c)   531,071    21,141,937 
Weichai Power Co. Ltd., Class A   3,952,200    9,598,502 
Weichai Power Co. Ltd., Class H   16,440,000    29,157,166 
Weimob Inc.(a)(b)(c)   16,579,000    19,916,832 
Wens Foodstuffs Group Co. Ltd., Class A(a)   4,013,041    10,044,385 
West China Cement Ltd.   28,356,000    4,823,833 
Western Securities Co. Ltd., Class A   5,679,581    6,967,547 
Wharf Holdings Ltd. (The)   12,209,000    42,664,177 
Will Semiconductor Co. Ltd. Shanghai, Class A   466,303    20,022,309 
Wingtech Technology Co. Ltd., Class A   730,700    14,051,860 
Winning Health Technology Group Co. Ltd., Class A   1,925,285    4,757,887 
Wisdom Education International Holdings Co. Ltd.(c)   7,518,000    1,384,492 
Wuhan Guide Infrared Co. Ltd., Class A   1,972,757    7,524,192 
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A   1,392,037    5,145,029 
Wuliangye Yibin Co. Ltd., Class A   2,022,015    69,289,020 
WUS Printed Circuit Kunshan Co. Ltd., Class A   2,017,636    4,818,111 
WuXi AppTec Co. Ltd., Class A   1,442,219    32,640,184 
WuXi AppTec Co. Ltd., Class H(b)   2,910,707    64,487,078 
Wuxi Biologics Cayman Inc., New(a)(b)   31,263,500    421,737,840 
Wuxi Lead Intelligent Equipment Co. Ltd., Class A   760,287    9,460,842 
Wuxi Shangji Automation Co. Ltd., Class A   141,800    4,941,228 
XCMG Construction Machinery Co. Ltd., Class A   7,093,778    6,602,393 
XD Inc.(a)(c)   1,776,200    10,554,035 
Xiabuxiabu Catering Management China Holdings Co. Ltd.(b)   4,869,000    3,362,502 
Xiaomi Corp., Class B(a)(b)   123,543,800    307,309,182 
Xinjiang Goldwind Science & Technology Co. Ltd., Class A   1,778,006    5,110,737 
Xinjiang Goldwind Science & Technology Co. Ltd., Class H(c)   7,051,034    15,454,021 
Xinyi Solar Holdings Ltd.(c)   42,326,800    77,834,192 
XPeng Inc., ADR(a)(c)   3,366,547    185,160,085 
Xtep International Holdings Ltd.(c)   11,665,500    15,757,881 
Yadea Group Holdings Ltd.(b)   10,050,000    17,961,404 
Yango Group Co. Ltd., Class A   1,091,200    498,419 
Yantai Jereh Oilfield Services Group Co. Ltd., Class A   829,968    5,069,346 
Yanzhou Coal Mining Co. Ltd., Class A   1,276,706    4,556,155 
Yanzhou Coal Mining Co. Ltd., Class H(c)   14,316,000    22,414,578 
Yealink Network Technology Corp. Ltd., Class A   682,093    8,311,535 
YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H(a)(b)   462,720    336,486 
Yifeng Pharmacy Chain Co. Ltd., Class A   582,214    4,127,918 
Yihai International Holding Ltd.(c)   4,094,000    21,965,348 
Yihai Kerry Arawana Holdings Co. Ltd., Class A   827,100    7,992,262 
Yonghui Superstores Co. Ltd., Class A   6,994,234    4,260,690 
Yonyou Network Technology Co. Ltd., Class A   2,178,883    11,137,052 
Youyuan International Holdings Ltd.(d)   5,307,000    88,473 


8

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Yuexiu REIT(c)   22,028,000   $9,463,170 
Yuexiu Transport Infrastructure Ltd.   13,744,000    8,530,516 
Yum China Holdings Inc.   3,622,845    181,504,534 
Yunda Holding Co. Ltd., Class A   2,027,037    6,312,696 
Yunnan Baiyao Group Co. Ltd., Class A   748,352    10,390,665 
Yunnan Energy New Material Co. Ltd., Class A   537,232    21,533,455 
Yutong Bus Co. Ltd., Class A   2,246,790    3,896,106 
Yuzhou Group Holdings Co. Ltd.(c)   22,523,921    2,224,086 
Zai Lab Ltd., ADR(a)(c)   670,183    46,410,173 
Zepp Health Corp., ADR(a)(c)   331,641    2,251,842 
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A   321,669    22,626,117 
Zhaojin Mining Industry Co. Ltd., Class H(c)   10,614,000    11,095,357 
Zhejiang Century Huatong Group Co. Ltd., Class A(a)   6,089,395    7,032,419 
Zhejiang Chint Electrics Co. Ltd., Class A   1,312,973    10,668,029 
Zhejiang Dahua Technology Co. Ltd., Class A   2,342,029    9,012,978 
Zhejiang Dingli Machinery Co. Ltd., Class A   404,100    5,243,844 
Zhejiang Expressway Co. Ltd., Class H   13,104,000    12,351,167 
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A   1,202,062    4,072,251 
Zhejiang Huayou Cobalt Co. Ltd., Class A   711,832    14,544,621 
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A   848,594    9,588,197 
Zhejiang Longsheng Group Co. Ltd., Class A   3,118,874    6,128,404 
Zhejiang NHU Co. Ltd., Class A   1,829,349    8,325,368 
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A   2,554,416    9,354,389 
Zhejiang Supor Co. Ltd., Class A   515,940    4,998,591 
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A   359,998    3,170,017 
Zhenro Properties Group Ltd.(c)   15,379,000    8,677,558 
Zheshang Securities Co. Ltd., Class A   2,673,800    5,218,895 
ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)(c)   4,142,200    14,117,040 
Zhongji Innolight Co. Ltd., Class A   705,874    4,211,132 
Zhongjin Gold Corp. Ltd., Class A   5,202,946    6,824,101 
Zhongsheng Group Holdings Ltd.   5,014,500    41,072,882 
Zhou Hei Ya International Holdings Co. Ltd.(b)   8,142,500    7,479,816 
Zhuguang Holdings Group Co. Ltd.   21,530,000    4,389,933 
Zhuzhou CRRC Times Electric Co. Ltd.   4,753,900    31,204,444 
Zijin Mining Group Co. Ltd., Class A   10,531,500    16,911,109 
Zijin Mining Group Co. Ltd., Class H   50,334,000    66,790,707 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A   3,595,700    3,957,885 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H   12,182,200    7,980,735 
ZTE Corp., Class A   1,867,139    9,010,498 
ZTE Corp., Class H   6,623,640    17,969,819 
ZTO Express Cayman Inc., ADR   3,777,458    119,405,447 
         23,382,363,010 
           
Colombia — 0.1%          
Bancolombia SA   2,031,280    16,458,707 
Cementos Argos SA   4,726,450    7,110,379 
Corp. Financiera Colombiana SA(a)   979,155    7,053,837 
Ecopetrol SA   41,400,402    26,943,941 
Grupo Argos SA   2,943,314    9,283,043 
Grupo de Inversiones Suramericana SA   2,045,221    12,875,421 
Interconexion Electrica SA ESP   3,984,109    22,239,207 
         101,964,535 
Security   Shares    Value 
           
Cyprus — 0.0%          
Globaltrans Investment PLC, GDR(e)   1,519,670   $10,839,039 
Ozon Holdings PLC, ADR(a)   440,052    17,934,659 
Ros Agro PLC, GDR(e)   202,222    3,101,299 
         31,874,997 
           
Czech Republic — 0.1%          
CEZ AS(c)   1,379,211    44,994,665 
Komercni Banka AS   677,177    25,862,026 
Moneta Money Bank AS(a)(b)   3,974,826    16,934,446 
         87,791,137 
           
Egypt — 0.1%          
Commercial International Bank Egypt SAE(a)   14,891,584    48,473,214 
Eastern Co. SAE   8,995,960    6,391,618 
Egyptian Financial Group-Hermes Holding Co.(a)   7,461,846    6,792,334 
EISewedy Electric Co.   7,321,416    3,889,162 
Fawry for Banking & Payment Technology Services SAE(a)   4,549,919    3,733,471 
Heliopolis Housing.   5,875,237    1,850,082 
Juhayna Food Industries(a)   3,476,275    1,517,702 
Palm Hills Developments SAE   18,657,826    2,117,808 
Six of October Development & Investment   2,778,797    3,461,406 
Talaat Moustafa Group   7,956,441    4,126,943 
Telecom Egypt Co.   4,044,325    3,685,567 
         86,039,307 
           
Greece — 0.3%          
Alpha Services and Holdings SA(a)   19,187,251    22,399,981 
Athens Water Supply & Sewage Co. SA   418,034    3,504,273 
Eurobank Ergasias Services and Holdings SA, Class A(a)   22,968,641    22,732,196 
FF Group(a)(d)   343,633    3,897 
GEK Terna Holding Real Estate Construction SA(a)   618,752    6,871,650 
Hellenic Telecommunications Organization SA   2,032,262    35,109,882 
Holding Co. ADMIE IPTO SA   1,565,026    4,435,015 
JUMBO SA   922,781    12,966,463 
LAMDA Development SA(a)   238,824    1,904,079 
Motor Oil Hellas Corinth Refineries SA   622,357    9,408,338 
Mytilineos SA   812,244    13,307,898 
National Bank of Greece SA(a)   5,076,365    15,116,319 
OPAP SA   1,814,883    25,179,436 
Piraeus Financial Holdings SA(a)   5,312,568    7,657,023 
Piraeus Port Authority SA(c)   4,754    93,705 
Public Power Corp. SA(a)(c)   1,305,124    13,844,162 
Sarantis SA   250,656    2,444,714 
Terna Energy SA   493,504    7,555,723 
Titan Cement International SA   371,522    5,766,812 
         210,301,566 
           
Hong Kong — 0.2%          
China Youzan Ltd.(a)   124,756,000    11,116,179 
Grand Pharmaceutical Group Ltd., Class A(c)   12,656,500    10,371,253 
Huabao International Holdings Ltd.(c)   8,461,000    24,275,578 
Hutchmed China Ltd., ADR(a)(c)   751,928    25,460,282 
Sino Biopharmaceutical Ltd.   89,867,000    65,696,649 
Truly International Holdings Ltd.   15,532,000    5,218,497 
Untrade Cteg(d)   33,362,000    645,849 
Untrade MH Development NPV(d)   4,108,000    305,545 
Yuexiu Property Co. Ltd.   9,846,576    9,191,189 
         152,281,021 
           
Hungary — 0.2%          
Magyar Telekom Telecommunications PLC   4,963,522    6,388,574 
MOL Hungarian Oil & Gas PLC   3,519,850    26,452,369 


 9

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Hungary (continued)          
Opus Global Nyrt(a)(c)   2,034,983   $1,475,894 
OTP Bank Nyrt(a)   1,955,029    107,949,305 
Richter Gedeon Nyrt.   1,220,928    32,493,362 
         174,759,504 
           
India — 13.3%          
3M India Ltd.(a)   28,189    9,377,324 
Aarti Industries Ltd.   1,639,068    20,465,901 
Aavas Financiers Ltd.(a)   292,036    10,923,170 
ACC Ltd.   681,606    20,696,364 
Adani Enterprises Ltd.   2,383,771    52,661,274 
Adani Green Energy Ltd.(a)   3,472,798    59,768,086 
Adani Ports & Special Economic Zone Ltd.   4,607,261    41,930,888 
Adani Power Ltd.(a)   8,121,662    10,630,145 
Adani Total Gas Ltd.   2,441,796    51,981,070 
Adani Transmission Ltd.(a)   2,373,042    56,539,815 
Aditya Birla Capital Ltd.(a)   6,104,545    8,862,581 
Aditya Birla Fashion and Retail Ltd.(a)   3,013,929    10,226,544 
Aegis Logistics Ltd.   1,533,392    4,673,632 
Affle India Ltd.(a)   595,675    9,130,845 
AIA Engineering Ltd.   395,417    9,983,790 
Ajanta Pharma Ltd.   284,873    7,885,315 
Alembic Pharmaceuticals Ltd.   538,068    5,770,800 
Alkyl Amines Chemicals   137,703    5,838,202 
Amara Raja Batteries Ltd.   1,049,898    8,629,670 
Amber Enterprises India Ltd.(a)   278,053    11,153,736 
Ambuja Cements Ltd.   6,302,278    31,399,672 
APL Apollo Tubes Ltd.(a)   752,090    9,287,698 
Apollo Hospitals Enterprise Ltd.   878,158    66,386,602 
Apollo Tyres Ltd.   3,460,019    9,407,946 
Ashok Leyland Ltd.   12,790,057    20,373,974 
Asian Paints Ltd.   3,396,957    142,150,222 
Astral Ltd.   819,306    24,012,898 
AstraZeneca Pharma India Ltd.   67,980    2,837,743 
Atul Ltd.   122,842    14,204,623 
AU Small Finance Bank Ltd.(a)(b)   749,918    10,942,112 
Aurobindo Pharma Ltd.   2,563,865    22,509,644 
Avanti Feeds Ltd.   643,090    4,498,004 
Avenue Supermarts Ltd.(a)(b)   1,456,119    91,186,427 
Axis Bank Ltd.(a)   19,726,014    171,787,182 
Bajaj Auto Ltd.   621,854    26,844,103 
Bajaj Consumer Care Ltd.   1,140,302    2,775,358 
Bajaj Electricals Ltd.(a)   498,450    7,126,360 
Bajaj Finance Ltd.   2,363,692    220,172,608 
Bajaj Finserv Ltd.   344,947    79,149,452 
Balkrishna Industries Ltd.   810,510    23,447,385 
Balrampur Chini Mills Ltd.   1,499,112    6,220,294 
Bandhan Bank Ltd.(b)   5,774,633    20,891,205 
BASF India Ltd.   122,065    4,406,011 
Bata India Ltd.   581,258    14,537,114 
Bayer CropScience Ltd./India   124,115    7,598,762 
Berger Paints India Ltd.   2,155,795    21,562,895 
Bharat Electronics Ltd.   10,608,202    28,766,681 
Bharat Forge Ltd.   2,052,035    18,945,285 
Bharat Heavy Electricals Ltd.(a)   9,092,993    7,118,843 
Bharat Petroleum Corp. Ltd.   7,535,624    37,067,103 
Bharti Airtel Ltd.(a)   21,466,952    208,036,521 
Biocon Ltd.(a)   3,632,551    17,434,116 
Birla Corp. Ltd.   90,820    1,630,355 
Birlasoft Ltd.   1,417,551    8,932,852 
Blue Dart Express Ltd.   70,540    6,151,830 
Security   Shares    Value 
           
India (continued)          
Blue Star Ltd.   522,927   $6,612,600 
Brigade Enterprises Ltd.   702,185    4,694,626 
Brightcom Group Ltd.   2,320,695    4,244,430 
Britannia Industries Ltd.   964,836    45,555,011 
Can Fin Homes Ltd.   514,467    4,039,612 
Canara Bank(a)   3,676,217    9,735,840 
Carborundum Universal Ltd.   901,693    11,003,163 
Ceat Ltd.   247,350    3,866,893 
Central Depository Services India Ltd.   439,646    8,488,717 
CESC Ltd.   6,001,594    6,980,859 
CG Power and Industrial Solutions Ltd.(a)   4,888,120    9,746,624 
Chambal Fertilizers and Chemicals Ltd.   1,809,764    8,746,736 
Cholamandalam Financial Holdings Ltd.   931,006    8,655,033 
Cholamandalam Investment and Finance Co. Ltd.   3,725,450    27,264,836 
Cipla Ltd.   4,169,431    53,863,576 
City Union Bank Ltd.   3,802,294    7,308,993 
Clean Science and Technology(a)   182,399    5,192,313 
Coal India Ltd.   13,090,727    26,454,675 
Coforge Ltd.   212,686    15,323,373 
Colgate-Palmolive India Ltd.   1,085,149    20,701,722 
Computer Age Management Services Ltd.   210,614    8,605,019 
Container Corp. of India Ltd.   2,357,094    19,436,826 
Coromandel International Ltd.   826,952    8,136,351 
CreditAccess Grameen Ltd.(a)   417,191    2,797,521 
CRISIL Ltd.   195,907    8,104,523 
Crompton Greaves Consumer Electricals Ltd.   4,342,713    25,927,923 
Cummins India Ltd.   1,148,814    13,446,540 
Cyient Ltd.   979,446    13,181,645 
Dabur India Ltd.   5,421,962    42,921,794 
Dalmia Bharat Ltd.   698,031    17,385,416 
DCB Bank Ltd.(a)   128,174    139,804 
Deepak Nitrite Ltd.   651,134    18,351,842 
Dhani Services Ltd.(a)   2,506,594    5,505,912 
Dilip Buildcon Ltd.(b)   394,917    2,775,139 
Divi’s Laboratories Ltd.   1,184,449    76,954,593 
Dixon Technologies India Ltd.   285,777    19,279,805 
DLF Ltd.   5,525,023    27,519,829 
Dr Lal PathLabs Ltd.(b)   265,812    13,410,576 
Dr. Reddy’s Laboratories Ltd.   1,008,395    62,858,744 
Edelweiss Financial Services Ltd.   4,726,287    4,204,422 
Eicher Motors Ltd.   1,212,786    38,179,320 
EIH Ltd.(a)   1,671,089    2,674,237 
Emami Ltd.   1,815,369    12,755,035 
Embassy Office Parks REIT.   3,662,373    17,553,465 
Endurance Technologies Ltd.(b)   327,877    7,280,077 
Engineers India Ltd.   3,259,403    3,107,847 
Escorts Ltd.   682,692    16,788,340 
Exide Industries Ltd.   4,613,696    9,978,283 
Federal Bank Ltd.   13,754,244    15,860,113 
Finolex Cables Ltd.   842,045    6,350,993 
Finolex Industries Ltd.   2,123,627    5,986,366 
Firstsource Solutions Ltd.   2,325,111    5,247,182 
Fortis Healthcare Ltd.(a)   4,544,250    16,991,678 
GAIL India Ltd.   14,231,279    24,576,107 
Gillette India Ltd.   66,039    4,770,775 
GlaxoSmithKline Pharmaceuticals Ltd.   280,325    6,262,621 
Glenmark Pharmaceuticals Ltd.   1,393,881    9,716,442 
GMM Pfaudler Ltd.   73,683    4,383,546 
GMR Infrastructure Ltd.(a)   23,023,078    11,526,532 
Godrej Consumer Products Ltd.(a)   3,447,314    42,272,686 


10

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Godrej Industries Ltd.(a)   896,370   $6,798,931 
Godrej Properties Ltd.(a)   1,046,259    27,755,152 
Granules India Ltd.   1,525,724    6,096,364 
Graphite India Ltd.   695,238    3,772,794 
Grasim Industries Ltd.   2,595,394    57,474,081 
Great Eastern Shipping Co. Ltd. (The)   1,075,656    4,202,136 
Grindwell Norton Ltd.   235,674    5,059,061 
Gujarat Fluorochemicals Ltd.(a)   282,402    7,390,870 
Gujarat Gas Ltd.   1,606,339    14,304,466 
Gujarat Pipavav Port Ltd.   3,131,290    4,102,761 
Gujarat State Petronet Ltd.   2,454,738    10,245,455 
Happiest Minds Technologies Ltd.   592,180    9,494,171 
Havells India Ltd.   2,300,937    41,537,128 
HCL Technologies Ltd.   9,437,903    142,949,870 
HDFC Asset Management Co. Ltd.(b)   467,655    15,624,544 
HDFC Life Insurance Co. Ltd.(b)   7,866,101    71,279,065 
Hero MotoCorp Ltd.   1,067,343    34,818,439 
HFCL Ltd.   4,981,507    4,759,285 
Hindalco Industries Ltd.   14,165,717    77,726,324 
Hindustan Petroleum Corp. Ltd.   5,832,032    22,915,056 
Hindustan Unilever Ltd.   7,147,322    220,539,993 
Housing Development Finance Corp. Ltd.   14,842,873    528,301,073 
ICICI Bank Ltd.   44,490,117    420,541,093 
ICICI Lombard General Insurance Co. Ltd.(b)   1,999,281    38,206,755 
ICICI Prudential Life Insurance Co. Ltd.(b)   3,185,985    25,127,068 
ICICI Securities Ltd.(b)   815,663    7,942,397 
IDFC First Bank Ltd.(a)   22,912,956    13,562,499 
IDFC Ltd.(a)   11,648,776    7,744,272 
IIFL Wealth Management Ltd.   345,997    6,875,945 
India Cements Ltd. (The)   1,792,013    4,380,799 
Indiabulls Housing Finance Ltd.   2,584,033    7,850,345 
IndiaMART Intermesh Ltd.(b)   113,879    11,312,642 
Indian Energy Exchange Ltd.(b)   1,448,641    14,346,561 
Indian Hotels Co. Ltd. (The)   6,525,210    15,650,234 
Indian Oil Corp. Ltd.   16,371,033    25,829,086 
Indian Railway Catering & Tourism Corp.   2,264,196    23,966,788 
Indraprastha Gas Ltd.   2,654,618    17,120,016 
Indus Towers Ltd.   5,530,807    20,928,436 
Info Edge India Ltd.   685,940    52,994,174 
Infosys Ltd.   29,469,050    670,302,801 
Inox Leisure Ltd.(a)   608,029    3,238,264 
Intellect Design Arena Ltd.(a)   761,750    6,281,564 
InterGlobe Aviation Ltd.(a)(b)   879,201    22,281,893 
Ipca Laboratories Ltd.   626,309    17,480,190 
IRB Infrastructure Developers Ltd.(a)   1,406,476    3,841,807 
ITC Ltd.   25,883,927    76,054,630 
Jindal Steel & Power Ltd.(a)   3,949,277    17,976,018 
JK Cement Ltd.   290,504    12,537,911 
JM Financial Ltd.   3,935,766    3,723,806 
JSW Steel Ltd.   7,588,432    61,199,312 
Jubilant Foodworks Ltd.   743,574    36,204,178 
Jubilant Pharmova Ltd.   858,815    6,655,342 
Just Dial Ltd.(a)   426,686    3,715,015 
Jyothy Labs Ltd.   1,571,312    3,233,238 
Kajaria Ceramics Ltd.   808,284    12,264,950 
Kansai Nerolac Paints Ltd.   800,332    6,349,728 
Karur Vysya Bank Ltd. (The)   4,178,949    2,661,233 
Kaveri Seed Co. Ltd.   324,458    2,158,423 
KEC International Ltd.   1,088,905    6,159,801 
KEI Industries Ltd.   742,017    10,910,652 
Security   Shares    Value 
           
India (continued)          
Kotak Mahindra Bank Ltd.   4,849,198   $126,650,903 
KPIT Technologies Ltd.   1,412,278    9,295,543 
KPR Mill Ltd.   419,751    2,944,303 
L&T Finance Holdings Ltd.(a)   9,307,149    9,305,664 
L&T Technology Services Ltd.(b)   265,780    18,636,131 
Lakshmi Machine Works Ltd.   49,145    5,560,804 
Larsen & Toubro Infotech Ltd.(b)   470,215    42,529,505 
Larsen & Toubro Ltd.   6,017,201    141,460,492 
Laurus Labs Ltd.(b)   2,930,522    19,800,672 
LIC Housing Finance Ltd.   2,686,368    13,300,656 
Linde India Ltd.   156,390    5,219,590 
Lupin Ltd.   2,011,013    23,658,077 
Mahanagar Gas Ltd.   632,176    7,691,352 
Mahindra & Mahindra Financial Services Ltd.   5,522,380    11,385,468 
Mahindra & Mahindra Ltd.   7,447,509    82,771,726 
Mahindra CIE Automotive Ltd.(a)   1,076,698    3,418,485 
Manappuram Finance Ltd.   4,912,657    10,677,134 
Marico Ltd.   4,762,805    34,134,554 
Maruti Suzuki India Ltd.   1,192,081    112,218,875 
Max Financial Services Ltd.(a)   1,858,158    23,262,832 
Max Healthcare Institute Ltd.(a)   2,066,401    10,462,727 
Metropolis Healthcare Ltd.(b)   254,452    11,130,790 
Minda Industries Ltd.   696,605    8,386,103 
Mindspace Business Parks REIT(b)   1,411,202    5,948,924 
Mindtree Ltd.   547,154    31,401,325 
Motherson Sumi Systems Ltd.   11,288,466    31,508,206 
Motilal Oswal Financial Services Ltd.   371,763    4,675,846 
Mphasis Ltd.   780,155    29,904,551 
MRF Ltd.   16,975    16,842,310 
Multi Commodity Exchange of India Ltd.   211,585    4,506,985 
Muthoot Finance Ltd.   1,092,636    20,727,587 
Narayana Hrudayalaya Ltd.(a)   496,316    3,938,036 
Natco Pharma Ltd.   863,099    9,625,254 
National Aluminium Co. Ltd.   11,051,426    12,960,591 
Navin Fluorine International Ltd.   302,081    15,038,367 
Nestle India Ltd.   299,776    76,358,158 
Nippon Life India Asset Management Ltd.(b)   1,508,702    7,345,680 
NTPC Ltd.   40,490,690    68,426,862 
Nuvoco Vistas Corp. Ltd.(a)   700,374    4,951,848 
Oberoi Realty Ltd.(a)   1,030,517    11,397,385 
Oil & Natural Gas Corp. Ltd.   22,081,689    41,425,203 
Oil India Ltd.   2,727,955    7,663,584 
Oracle Financial Services Software Ltd.   137,818    7,758,093 
Orient Electric Ltd.   1,066,344    5,517,419 
Page Industries Ltd.   49,410    25,251,885 
Persistent Systems Ltd.   433,193    23,849,919 
Petronet LNG Ltd.   6,548,240    19,154,802 
Phoenix Mills Ltd. (The)   673,593    8,520,928 
PI Industries Ltd.   761,146    29,019,776 
Pidilite Industries Ltd.   1,399,033    41,073,292 
Piramal Enterprises Ltd.   897,148    28,820,632 
PNB Housing Finance Ltd.(a)(b)   657,547    4,818,789 
Polycab India Ltd.   407,313    12,491,497 
Power Grid Corp. of India Ltd.   27,276,494    74,988,069 
Praj Industries Ltd.   601,607    2,593,668 
Prestige Estates Projects Ltd.   1,548,994    8,687,297 
Procter & Gamble Health Ltd.   65,652    4,651,571 
PVR Ltd.(a)   478,018    8,712,424 
Quess Corp. Ltd.(b)   787,809    9,359,022 
Radico Khaitan Ltd.   797,631    11,957,675 


 11

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Rajesh Exports Ltd.   631,329   $6,430,132 
Rallis India Ltd.   1,060,918    3,508,271 
Ramco Cements Ltd. (The)   1,077,835    13,512,870 
RBL Bank Ltd.(a)(b)   3,862,821    9,370,499 
REC Ltd.   8,006,492    14,314,317 
Redington India Ltd.   5,323,067    10,413,342 
Relaxo Footwears Ltd.   529,227    9,101,781 
Reliance Industries Ltd.   24,691,353    789,483,300 
Route Mobile Ltd.   246,614    5,944,245 
Sanofi India Ltd.   88,796    9,385,883 
SBI Cards & Payment Services Ltd.(a)   2,047,416    25,825,689 
SBI Life Insurance Co. Ltd.(b)   3,949,013    61,027,363 
Schaeffler India Ltd.   77,681    8,030,428 
Sheela Foam Ltd.(a)   125,655    5,451,891 
Shree Cement Ltd.   97,879    34,021,031 
Shriram Transport Finance Co. Ltd.   1,771,809    33,197,149 
Siemens Ltd.   658,340    18,838,716 
SKF India Ltd.   89,626    4,624,679 
Solar Industries India Ltd.   233,084    8,583,192 
Sonata Software Ltd.   514,304    6,256,644 
SRF Ltd.   1,322,870    35,326,814 
State Bank of India   15,702,283    96,059,390 
Sterlite Technologies Ltd.   1,726,394    6,339,473 
Strides Pharma Science Ltd.   578,654    3,757,869 
Sun Pharma Advanced Research Co. Ltd.(a)   1,051,973    3,453,618 
Sun Pharmaceutical Industries Ltd.   7,425,908    74,449,295 
Sun TV Network Ltd.   732,931    5,085,328 
Sundaram Finance Ltd.   550,831    16,586,381 
Sundram Fasteners Ltd.   813,779    9,484,820 
Sunteck Realty Ltd.   632,293    3,645,577 
Supreme Industries Ltd.   575,036    16,611,848 
Suven Pharmaceuticals Ltd.   1,176,955    7,633,658 
Symphony Ltd.   172,031    2,143,711 
Syngene International Ltd.(a)(b)   1,210,090    9,617,409 
Tanla Platforms Ltd.   528,578    10,521,054 
Tata Chemicals Ltd.   1,467,276    17,025,654 
Tata Communications Ltd.   908,911    15,696,211 
Tata Consultancy Services Ltd.   7,973,964    374,754,207 
Tata Consumer Products Ltd.   5,519,133    57,234,472 
Tata Elxsi Ltd.   319,604    24,544,945 
Tata Motors Ltd.(a)   14,446,398    88,221,422 
Tata Power Co. Ltd. (The)   12,887,903    37,097,575 
Tata Steel Ltd.   6,288,429    89,227,959 
Tata Teleservices Maharastra Ltd.(a)   138,834    207,921 
TeamLease Services Ltd.(a)   115,075    6,545,317 
Tech Mahindra Ltd.   5,513,245    112,919,228 
Thermax Ltd.   426,375    9,934,700 
Titan Co. Ltd.   3,160,399    99,845,100 
Torrent Pharmaceuticals Ltd.   457,840    18,512,616 
Torrent Power Ltd.   1,677,480    12,308,916 
Trent Ltd.   1,653,666    22,332,270 
Trident Ltd.   8,750,765    6,054,885 
TTK Prestige Ltd.   59,692    7,923,558 
Tube Investments of India Ltd.   859,209    18,604,093 
TV18 Broadcast Ltd.(a)   5,860,912    3,214,002 
TVS Motor Co. Ltd.   1,631,640    14,904,639 
UltraTech Cement Ltd.   924,858    91,334,533 
United Spirits Ltd.(a)   2,707,923    31,817,807 
UPL Ltd.   4,503,797    40,914,029 
UTI Asset Management Co. Ltd.   356,501    5,197,436 
Security   Shares    Value 
           
India (continued)          
Vardhman Textiles Ltd.   198,032   $5,354,328 
Varun Beverages Ltd.   1,380,257    16,362,080 
Vedanta Ltd.   10,492,076    46,989,342 
V-Guard Industries Ltd.   1,899,910    6,190,676 
Vinati Organics Ltd.   283,009    7,100,721 
VIP Industries Ltd.(a)   507,678    3,782,072 
V-Mart Retail Ltd.(a)   116,128    6,089,980 
Vodafone Idea Ltd.(a)   81,106,208    11,943,692 
Voltas Ltd.   1,969,155    31,443,952 
Welspun India Ltd.   3,516,459    6,468,097 
Westlife Development Ltd.(a)   479,964    3,508,447 
Whirlpool of India Ltd.   272,391    7,400,525 
Wipro Ltd.   11,977,216    100,950,141 
Yes Bank Ltd., (Acquired 03/16/20, Cost: $35,983,750)(f)   12,578,231    1,802,699 
Yes Bank Ltd.(a)   81,440,050    13,386,786 
Zee Entertainment Enterprises Ltd.   7,565,581    32,633,412 
Zensar Technologies Ltd.   775,436    4,607,577 
Zomato Ltd.(a)   13,471,726    27,345,887 
         10,148,918,840 
           
Indonesia — 1.5%          
Ace Hardware Indonesia Tbk PT   85,128,900    7,749,517 
Adaro Energy Tbk PT.   130,138,000    15,506,008 
AKR Corporindo Tbk PT   20,782,500    5,754,079 
Aneka Tambang Tbk.   77,822,843    12,492,148 
Astra Agro Lestari Tbk PT.   6,098,700    4,244,702 
Astra International Tbk PT   174,712,400    70,448,625 
Bank Aladin Syariah Tbk PT(a)   45,399,700    8,875,487 
Bank BTPN Syariah Tbk PT.   25,177,300    6,269,949 
Bank Central Asia Tbk PT.   477,499,200    242,630,692 
Bank Mandiri Persero Tbk PT   161,560,900    78,870,709 
Bank Negara Indonesia Persero Tbk PT   65,494,200    31,000,329 
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT   32,823,200    3,116,743 
Bank Rakyat Indonesia Persero Tbk PT   588,460,195    167,674,082 
Bank Tabungan Negara Persero Tbk PT(a)   47,579,576    5,668,286 
Barito Pacific Tbk PT   250,616,900    16,098,742 
Berkah Beton Sadaya Tbk(a)   17,056,400    4,727,799 
BFI Finance Indonesia Tbk PT   68,546,700    4,666,297 
Bintang Oto Global Tbk PT(a)   23,176,000    2,249,741 
Bukit Asam Tbk PT   36,635,700    6,659,803 
Bumi Serpong Damai Tbk PT(a)   87,023,900    6,584,948 
Charoen Pokphand Indonesia Tbk PT   66,848,800    28,279,641 
Ciputra Development Tbk PT   109,886,527    8,048,488 
Digital Mediatama Maxima Tbk(a)   23,116,100    4,470,700 
Gudang Garam Tbk PT   3,875,500    8,499,657 
Hanson International Tbk PT(a)(d)   783,666,700    1 
Indah Kiat Pulp & Paper Tbk PT.   25,109,700    13,208,821 
Indo Tambangraya Megah Tbk PT.   2,886,100    4,342,500 
Indocement Tunggal Prakarsa Tbk PT   13,629,600    10,047,941 
Indofood CBP Sukses Makmur Tbk PT   20,028,700    11,800,360 
Indofood Sukses Makmur Tbk PT   38,229,000    16,792,617 
Inti Agri Resources Tbk PT(a)(d)   291,349,000     
Japfa Comfeed Indonesia Tbk PT   46,928,000    5,244,387 
Jasa Marga Persero Tbk PT(a)   22,218,980    6,300,083 
Kalbe Farma Tbk PT   179,553,900    20,052,790 
Medco Energi Internasional Tbk PT(a)   101,578,780    3,371,014 
Media Nusantara Citra Tbk PT   60,341,900    4,035,165 
Merdeka Copper Gold Tbk PT(a)   96,375,600    24,588,508 
Mitra Adiperkasa Tbk PT(a)   97,003,300    5,011,865 


12

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Indonesia (continued)          
Pabrik Kertas Tjiwi Kimia Tbk PT   13,409,600   $7,172,245 
Pakuwon Jati Tbk PT(a)   185,521,300    6,363,167 
Panin Financial Tbk PT(a)   205,941,500    2,559,441 
Perusahaan Gas Negara Tbk PT(a)   99,074,700    10,370,937 
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT   37,541,800    3,241,399 
Pool Advista Indonesia Tbk PT(a)(d)   12,679,400     
PP Persero Tbk PT(a)   35,707,250    2,811,169 
Sarana Menara Nusantara Tbk PT   206,166,200    16,677,745 
Semen Indonesia Persero Tbk PT.   26,278,400    14,641,736 
Smartfren Telecom Tbk PT(a)   878,651,400    5,387,017 
Sugih Energy Tbk PT(a)(d)   27,492,211    19 
Summarecon Agung Tbk PT(a)   121,791,241    7,384,017 
Surya Citra Media Tbk PT(a)   260,255,900    6,220,136 
Telkom Indonesia Persero Tbk PT.   424,576,900    118,213,048 
Tower Bersama Infrastructure Tbk PT   76,129,400    16,070,752 
Trada Alam Minera Tbk PT(a)(d)   280,960,700     
Transcoal Pacific Tbk PT(a)   7,297,800    4,356,515 
Unilever Indonesia Tbk PT   61,907,700    19,396,807 
United Tractors Tbk PT   14,596,500    21,712,270 
Waskita Beton Precast Tbk PT(a)   11,534,700    102,108 
Waskita Karya Persero Tbk PT(a)   52,081,600    2,872,764 
Wijaya Karya Persero Tbk PT(a)   40,114,423    3,239,026 
XL Axiata Tbk PT   35,905,600    7,693,710 
         1,151,869,252 
           
Kuwait — 0.6%          
Agility Public Warehousing Co. KSC.   11,026,374    33,741,652 
Boubyan Bank KSCP(a)   11,809,055    29,626,791 
Boubyan Petrochemicals Co. KSCP   3,905,373    10,716,679 
Gulf Bank KSCP   13,062,126    10,536,062 
Humansoft Holding Co. KSC   901,052    9,531,790 
Kuwait Finance House KSCP   41,090,168    107,523,257 
Kuwait International Bank KSCP(a)   8,342,567    5,653,641 
Mabanee Co. KPSC   5,141,711    13,257,966 
Mobile Telecommunications Co. KSCP   19,515,615    36,730,839 
National Bank of Kuwait SAKP   59,450,069    193,865,201 
National Industries Group Holding SAK(a)   15,195,278    12,808,288 
National Real Estate Co. KPSC(a)   7,064,756    4,997,877 
Qurain Petrochemical Industries Co.   5,864,375    6,466,748 
Shamal Az-Zour Al-Oula for the First Phase of          
Az-Zour Power Plant KSC.   5,781,444    4,438,773 
Warba Bank KSCP(a)   10,473,491    9,153,243 
         489,048,807 
           
Malaysia — 1.6%          
AEON Credit Service M Bhd(c)   2,331,600    7,141,788 
Alliance Bank Malaysia Bhd   10,723,700    7,334,537 
AMMB Holdings Bhd(a)   14,291,300    10,723,141 
Axiata Group Bhd   23,962,400    22,190,042 
Berjaya Sports Toto Bhd   7,690,122    3,451,105 
Bermaz Auto Bhd   9,661,100    3,418,031 
British American Tobacco Malaysia Bhd   1,433,800    4,718,620 
Bursa Malaysia Bhd   5,634,500    8,633,324 
Carlsberg Brewery Malaysia Bhd(c)   1,583,500    7,469,037 
CIMB Group Holdings Bhd(c)   56,677,600    69,639,753 
CTOS Digital BHD   8,972,400    3,962,641 
D&O Green Technologies Bhd   5,387,900    7,418,639 
Dialog Group Bhd   34,161,696    20,738,595 
DiGi.Com Bhd(c)   27,479,600    27,208,817 
DRB-Hicom Bhd   9,537,000    3,487,351 
Security   Shares    Value 
           
Malaysia (continued)          
Fraser & Neave Holdings Bhd(c)   1,326,400   $8,098,712 
Frontken Corp. Bhd(c)   11,924,100    10,642,979 
Gamuda Bhd(a)   15,897,400    11,060,046 
Genting Bhd   18,598,200    19,430,626 
Genting Malaysia Bhd(c)   26,620,100    17,496,703 
Genting Plantations Bhd   4,601,700    7,364,468 
Greatech Technology Bhd(a)(c)   3,911,000    6,489,339 
HAP Seng Consolidated Bhd   5,766,800    10,406,668 
Hartalega Holdings Bhd   14,695,200    22,645,577 
Hong Leong Bank Bhd   5,787,100    24,844,062 
Hong Leong Financial Group Bhd   2,437,500    9,948,395 
Hong Seng Consolidated BHD(a)   12,054,600    9,102,132 
IGB REIT   14,718,600    5,731,569 
IHH Healthcare Bhd   17,671,800    27,610,221 
IJM Corp. Bhd   25,059,700    10,454,551 
Inari Amertron Bhd   24,226,300    24,062,730 
IOI Corp. Bhd   20,804,200    18,160,666 
Kossan Rubber Industries Bhd   12,414,200    6,337,535 
KPJ Healthcare Bhd   33,885,800    8,287,397 
Kuala Lumpur Kepong Bhd(c)   3,818,700    19,077,632 
Lotte Chemical Titan Holding Bhd(b)   5,013,900    2,530,296 
Magnum Bhd   10,440,386    4,660,555 
Mah Sing Group Bhd(c)   13,092,723    2,300,514 
Malayan Banking Bhd   36,253,400    68,677,016 
Malaysia Airports Holdings Bhd(a)   9,619,300    13,087,638 
Malaysia Building Society Bhd   30,435,800    4,255,708 
Malaysian Pacific Industries Bhd   970,500    11,624,733 
Malaysian Resources Corp. Bhd   29,462,900    2,378,579 
Maxis Bhd   20,628,300    22,868,470 
Mega First Corp Bhd   6,879,400    5,731,872 
MISC Bhd   11,188,100    17,636,476 
My EG Services Bhd   52,861,900    13,903,602 
Nestle Malaysia Bhd   542,300    17,192,139 
Padini Holdings Bhd   3,617,300    2,394,753 
Pentamaster Corp. Bhd   7,075,900    9,590,996 
Petronas Chemicals Group Bhd   21,506,400    43,406,007 
Petronas Dagangan Bhd   2,555,800    12,076,557 
Petronas Gas Bhd   6,779,500    27,076,146 
PPB Group Bhd   5,946,920    25,163,033 
Press Metal Aluminium Holdings Bhd   28,243,300    35,878,346 
Public Bank Bhd   124,983,700    116,926,458 
QL Resources Bhd   10,728,843    11,591,176 
RHB Bank Bhd   13,860,266    17,367,892 
Scientex Bhd   8,605,800    9,195,322 
Serba Dinamik Holdings Bhd   33,894,920    2,816,864 
Sime Darby Bhd   23,360,000    12,147,311 
Sime Darby Plantation Bhd   17,694,100    15,479,852 
Sime Darby Property Bhd   34,717,300    5,234,592 
SKP Resources Bhd   11,105,625    4,957,763 
SP Setia Bhd Group(a)(c)   19,403,500    5,886,501 
Sunway Construction Group Bhd   6,888,270    2,682,361 
Sunway REIT   21,007,700    7,125,349 
Supermax Corp. Bhd   14,617,013    6,524,987 
Telekom Malaysia Bhd   9,755,800    12,884,990 
Tenaga Nasional Bhd   17,933,000    39,309,102 
TIME dotCom Bhd   11,823,500    12,717,667 
Top Glove Corp. Bhd(c)   46,171,800    32,122,373 
UMW Holdings Bhd   3,239,800    2,369,366 
UWC BHD   3,727,100    5,221,563 
ViTrox Corp. Bhd   2,023,100    9,870,183 


 13

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Malaysia (continued)          
VS Industry Bhd   29,494,850   $10,087,246 
Westports Holdings Bhd   8,954,000    8,610,638 
Yinson Holdings Bhd   5,989,700    8,078,237 
         1,186,428,658 
           
Mexico — 1.8%          
Alfa SAB de CV, Class A   25,635,700    18,327,867 
Alsea SAB de CV(a)   5,007,095    8,567,579 
America Movil SAB de CV, Series L, NVS   293,911,772    257,828,165 
Arca Continental SAB de CV   3,317,838    20,234,286 
Banco del Bajio SA(b)   6,982,697    11,733,080 
Becle SAB de CV   4,576,475    10,481,552 
Bolsa Mexicana de Valores SAB de CV   4,625,178    7,799,764 
Cemex SAB de CV, NVS(a)   132,852,883    82,403,794 
Coca-Cola Femsa SAB de CV   4,062,500    19,952,052 
Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)   7,278,659    10,882,771 
Corp Inmobiliaria Vesta SAB de CV   5,101,200    8,716,706 
Fibra Uno Administracion SA de CV   28,670,600    26,340,717 
Fomento Economico Mexicano SAB de CV   16,627,045    118,213,502 
GCC SAB de CV(c)   1,773,457    12,365,608 
Genomma Lab Internacional SAB de CV, Class B(a)(c)   8,080,624    6,764,473 
Gentera SAB de CV(a)   10,129,992    5,144,718 
Gruma SAB de CV, Class B   1,697,010    20,569,890 
Grupo Aeroportuario del Centro Norte SAB de CV(a)   2,441,552    13,861,935 
Grupo Aeroportuario del Pacifico SAB de CV, Class B   3,286,500    37,963,539 
Grupo Aeroportuario del Sureste SAB de CV, Class B   1,810,735    33,172,952 
Grupo Bimbo SAB de CV, Series A   13,454,102    35,275,253 
Grupo Carso SAB de CV, Series A1   4,159,236    12,098,009 
Grupo Comercial Chedraui SA de CV(c)   3,686,159    6,621,935 
Grupo Financiero Banorte SAB de CV, Class O   22,322,778    133,390,115 
Grupo Financiero Inbursa SAB de CV, Class O(a)   19,569,942    18,883,157 
Grupo Herdez SAB de CV   3,037,300    5,324,571 
Grupo Mexico SAB de CV, Series B   26,979,220    112,886,819 
Grupo Televisa SAB, CPO(c)   20,964,156    38,726,371 
Industrias Penoles SAB de CV   1,228,920    15,066,843 
Kimberly-Clark de Mexico SAB de CV, Class A   12,368,675    19,421,863 
La Comer SAB de CV(c)   5,616,896    9,000,655 
Macquarie Mexico Real Estate Management SA de CV(b)   9,640,000    11,113,480 
Megacable Holdings SAB de CV, CPO   2,817,177    7,809,397 
Nemak SAB de CV(a)(b)   13,511,224    3,686,168 
Orbia Advance Corp. SAB de CV   9,372,483    21,828,695 
PLA Administradora Industrial S. de RL de CV(c)   7,735,849    9,275,443 
Prologis Property Mexico SA de CV   3,842,958    8,643,855 
Promotora y Operadora de Infraestructura SAB de CV   1,761,860    12,115,484 
Qualitas Controladora SAB de CV   1,748,678    7,635,710 
Regional SAB de CV   2,031,447    9,636,880 
Telesites SAB de CV(c)   12,821,995    11,349,491 
Wal-Mart de Mexico SAB de CV   44,354,696    139,378,310 
         1,380,493,454 
           
Peru — 0.2%          
Cia. de Minas Buenaventura SAA, ADR(a)   1,914,245    13,993,131 
Credicorp Ltd.   572,145    67,513,110 
Intercorp Financial Services Inc.   273,099    7,919,871 
Security   Shares    Value 
           
Peru (continued)          
Southern Copper Corp.   735,442   $43,023,357 
         132,449,469 
           
Philippines — 0.8%          
Aboitiz Equity Ventures Inc.   17,836,010    17,381,127 
AC Energy Corp.   57,540,600    12,881,968 
Alliance Global Group Inc.   38,595,900    8,675,036 
Ayala Corp.   2,466,835    40,819,397 
Ayala Land Inc.   69,574,840    47,540,102 
Bank of the Philippine Islands   15,384,193    27,825,712 
BDO Unibank Inc.   17,622,876    43,303,856 
Bloomberry Resorts Corp.(a)   41,773,800    6,458,627 
Cebu Air Inc.(a)   2,818,330    2,584,127 
Cosco Capital Inc.   31,920,200    3,218,311 
D&L Industries Inc.   31,915,800    5,512,067 
DMCI Holdings Inc.   31,168,600    5,035,475 
DoubleDragon Corp.   104,700    15,876 
Filinvest Land Inc.   109,766,000    2,439,971 
Globe Telecom Inc.   283,255    18,450,787 
GT Capital Holdings Inc.   861,760    9,722,752 
International Container Terminal Services Inc.   9,366,870    36,790,783 
JG Summit Holdings Inc.   27,315,261    30,657,498 
Jollibee Foods Corp.   3,981,090    18,568,148 
Manila Electric Co.   1,813,190    10,348,033 
Manila Water Co. Inc.   11,805,100    5,623,150 
Megaworld Corp.   107,151,200    6,669,536 
Metro Pacific Investments Corp.   130,860,800    10,510,274 
Metropolitan Bank & Trust Co.   14,951,373    14,793,282 
Monde Nissin Corp.(a)(b)   38,569,600    12,862,380 
PLDT Inc.   712,120    23,744,400 
Puregold Price Club Inc.   9,076,350    7,394,744 
Robinsons Land Corp.   21,533,413    7,763,238 
Security Bank Corp.   2,987,730    6,801,104 
Semirara Mining & Power Corp.   10,360,700    4,698,660 
SM Investments Corp.   2,148,542    41,789,643 
SM Prime Holdings Inc.   88,686,196    65,748,158 
Universal Robina Corp.   7,938,510    20,955,083 
Vista Land & Lifescapes Inc.   48,145,300    3,654,261 
Wilcon Depot Inc.   13,466,200    8,525,787 
         589,763,353 
           
Poland — 0.8%          
Alior Bank SA(a)   985,424    13,808,583 
Allegro.eu SA(a)(b)(c)   3,072,166    29,444,832 
AmRest Holdings SE(a)(c)   735,147    5,071,539 
Asseco Poland SA   560,777    12,002,574 
Bank Millennium SA(a)(c)   6,469,803    13,039,444 
Bank Polska Kasa Opieki SA   1,595,016    46,059,495 
Budimex SA   125,786    6,661,096 
CCC SA(a)(c)   347,482    8,655,520 
CD Projekt SA(c)   589,546    26,233,304 
Cyfrowy Polsat SA   2,371,976    20,259,281 
Dino Polska SA(a)(b)(c)   436,262    36,135,648 
Enea SA(a)   2,588,458    5,554,671 
Eurocash SA   897,102    2,382,982 
Grupa Azoty SA(a)   446,385    3,838,702 
Grupa Lotos SA(a)   805,061    10,551,989 
Jastrzebska Spolka Weglowa SA(a)(c)   627,394    6,271,305 
KGHM Polska Miedz SA   1,231,670    42,283,876 
KRUK SA   167,415    13,736,574 
LPP SA   10,834    35,293,855 


14

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Poland (continued)          
mBank SA(a)   148,777   $17,592,342 
Mercator Medical SA(a)(c)   9,839    323,639 
Orange Polska SA(a)   5,632,086    11,703,802 
PGE Polska Grupa Energetyczna SA(a)   7,266,680    14,658,356 
Polski Koncern Naftowy ORLEN SA   2,521,008    44,019,015 
Polskie Gornictwo Naftowe i Gazownictwo SA   14,759,089    19,903,321 
Powszechna Kasa Oszczednosci Bank Polski SA(a)   7,597,714    80,296,597 
Powszechny Zaklad Ubezpieczen SA   5,073,367    44,240,915 
Santander Bank Polska SA   303,317    26,938,910 
Tauron Polska Energia SA(a)(c)   10,176,376    7,112,564 
TEN Square Games SA   44,845    3,825,839 
Warsaw Stock Exchange   429,107    4,450,710 
         612,351,280 
           
Qatar — 0.8%          
Al Meera Consumer Goods Co. QSC   1,194,092    6,285,381 
Barwa Real Estate Co.   14,788,442    12,466,883 
Commercial Bank PSQC (The)   17,902,002    31,980,067 
Doha Bank QPSC   13,618,962    11,328,706 
Gulf International Services QSC(a)   8,974,283    4,459,978 
Industries Qatar QSC   14,374,369    56,923,536 
Masraf Al Rayan QSC   31,392,113    41,523,959 
Medicare Group   1,730,826    3,965,237 
Mesaieed Petrochemical Holding Co.   40,260,068    22,745,368 
Ooredoo QPSC   6,593,940    12,228,984 
Qatar Aluminum Manufacturing Co.   29,704,387    14,663,432 
Qatar Electricity & Water Co. QSC   4,350,715    19,578,574 
Qatar Fuel QSC   3,674,973    18,241,561 
Qatar Gas Transport Co. Ltd.   20,401,134    18,339,449 
Qatar Insurance Co. SAQ(a)   14,598,179    9,953,485 
Qatar International Islamic Bank QSC   6,802,987    17,273,717 
Qatar Islamic Bank SAQ   10,190,756    47,804,779 
Qatar National Bank QPSC   38,700,920    204,661,223 
Qatar National Cement Co. QSC   2,737,153    3,816,158 
Qatar Navigation QSC   3,854,782    7,863,898 
United Development Co. QSC   18,254,179    7,584,630 
Vodafone Qatar QSC   22,040,379    9,641,839 
         583,330,844 
           
Russia — 3.3%          
Aeroflot PJSC(a)   12,792,237    10,430,217 
Alrosa PJSC   22,559,740    39,218,028 
Credit Bank of Moscow PJSC(a)   133,091,431    12,024,219 
Detsky Mir PJSC(b)   5,655,586    10,567,000 
Federal Grid Co. Unified Energy System PJSC   1,641,637,500    3,714,142 
Gazprom PJSC   102,222,420    458,698,233 
Inter RAO UES PJSC   282,481,005    16,304,794 
LSR Group PJSC   501,640    5,054,507 
LUKOIL PJSC   3,584,147    315,780,735 
Magnit PJSC, GDR(e)   2,890,690    44,564,065 
Mail.Ru Group Ltd., GDR(a)   963,255    16,286,249 
MMC Norilsk Nickel PJSC   543,203    157,429,599 
Mobile TeleSystems PJSC, ADR   3,957,299    31,697,965 
Moscow Exchange MICEX-RTS PJSC   12,666,931    25,892,890 
Novatek PJSC, GDR(e)   787,578    171,810,299 
Novolipetsk Steel PJSC   12,719,118    37,042,423 
OGK-2 PJSC   321,330,000    2,604,919 
PhosAgro PJSC, GDR(e)   1,231,645    27,170,089 
Polymetal International PLC   3,033,738    56,775,841 
Polyus PJSC   289,679    56,465,730 
Security   Shares    Value 
           
Russia (continued)          
Rosneft Oil Co. PJSC   9,836,647   $74,836,930 
Rostelecom PJSC   8,144,021    9,314,531 
Sberbank of Russia PJSC   92,868,490    396,267,972 
Segezha Group PJSC(a)(b)   33,678,500    4,821,976 
Severstal PAO   1,824,956    38,697,104 
Sistema PJSFC, GDR(e)   1,540,266    10,201,490 
Sovcomflot OAO   4,500,300    4,877,517 
Surgutneftegas PJSC   61,325,625    30,398,533 
Tatneft PJSC   11,923,955    76,274,526 
TCS Group Holding PLC, GDR.   1,057,646    103,230,698 
Unipro PJSC   161,551,082    5,948,953 
United Co. RUSAL International PJSC(a)   26,089,410    24,368,168 
VTB Bank PJSC   27,017,724,000    17,354,471 
X5 Retail Group NV, GDR.   1,051,347    29,522,813 
Yandex NV, Class A(a)   2,666,486    192,855,585 
         2,518,503,211 
           
Saudi Arabia — 3.1%          
Abdullah Al Othaim Markets Co.   397,923    11,327,459 
Advanced Petrochemical Co.   963,732    17,564,796 
Al Hammadi Co. for Development and Investment   734,395    7,634,451 
Al Rajhi Bank   10,599,886    372,437,983 
Aldrees Petroleum and Transport Services Co.   544,386    9,504,554 
Alinma Bank   8,525,636    51,768,309 
Almarai Co. JSC   2,104,284    26,839,212 
Alujain Holding   411,492    6,306,259 
Arab National Bank   5,326,920    31,067,547 
Arabian Cement Co./Saudi Arabia   624,944    6,163,484 
Arriyadh Development Co.   1,456,956    10,136,089 
Bank AlBilad(a)   3,346,621    38,150,802 
Bank Al-Jazira   3,306,114    15,972,740 
Banque Saudi Fransi   5,273,477    56,507,564 
Bupa Arabia for Cooperative Insurance Co.   551,111    19,831,535 
City Cement Co.   1,093,543    6,593,438 
Co for Cooperative Insurance (The)   570,408    11,748,796 
Dallah Healthcare Co.   418,423    8,318,786 
Dar Al Arkan Real Estate Development Co.(a)   4,007,204    9,757,868 
Dr Sulaiman Al Habib Medical Services Group Co.   465,469    20,351,497 
Eastern Province Cement Co.   605,956    6,985,712 
Emaar Economic City(a)   3,919,503    11,575,886 
Etihad Etisalat Co.   3,234,123    27,068,841 
Fawaz Abdulaziz Al Hokair & Co.(a)   835,723    3,702,345 
Herfy Food Services Co.   412,473    7,142,715 
Jarir Marketing Co.   503,689    24,832,446 
Leejam Sports Co. JSC   314,195    8,753,304 
Mobile Telecommunications Co.(a)   3,684,278    12,039,996 
Mouwasat Medical Services Co.   462,126    20,959,267 
National Agriculture Development Co. (The)(a)   685,271    5,507,229 
National Gas & Industrialization Co.   94,143    1,400,250 
National Industrialization Co.(a)   3,202,684    17,048,783 
National Medical Care Co.   280,268    4,616,457 
National Petrochemical Co.   496,759    5,296,503 
Qassim Cement Co. (The)   497,744    9,698,552 
Rabigh Refining & Petrochemical Co.(a)   2,071,631    12,096,524 
Riyad Bank   11,914,286    88,922,062 
SABIC Agri-Nutrients Co.   1,863,994    85,696,382 
Sahara International Petrochemical Co.   3,323,211    34,059,458 
Saudi Airlines Catering Co.(a)   573,307    12,318,893 
Saudi Arabian Mining Co.(a)   3,808,408    72,582,677 
Saudi Arabian Oil Co.(b)   18,179,457    167,776,244 
Saudi Basic Industries Corp.   7,771,219    223,338,539 


 15

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Saudi Arabia (continued)          
Saudi British Bank (The)   7,109,208   $56,634,347 
Saudi Cement Co.   650,415    9,626,678 
Saudi Ceramic Co.   191,558    2,665,350 
Saudi Electricity Co.   7,142,888    44,852,748 
Saudi Ground Services Co.(a)   732,104    6,029,964 
Saudi Industrial Investment Group.   2,031,227    16,378,243 
Saudi Kayan Petrochemical Co.(a)   6,599,342    29,185,815 
Saudi National Bank (The)   19,034,658    306,454,138 
Saudi Pharmaceutical Industries & Medical Appliances Corp.   786,418    7,821,989 
Saudi Real Estate Co.(a)   824,255    4,574,312 
Saudi Research & Media Group(a)   345,109    14,630,175 
Saudi Telecom Co.   5,146,351    152,267,022 
Saudia Dairy & Foodstuff Co.   189,339    8,212,419 
Savola Group (The)   2,168,567    17,954,889 
Seera Group Holding(a)   1,790,214    8,694,829 
Southern Province Cement Co.   604,759    10,639,219 
United Electronics Co.   340,044    11,420,606 
United International Transportation Co.   680,950    8,237,653 
Yamama Cement Co.(a)   1,255,016    8,480,290 
Yanbu Cement Co.   895,167    8,255,885 
Yanbu National Petrochemical Co.   2,280,615    38,723,525 
         2,373,142,330 
           
South Africa — 3.2%          
Absa Group Ltd.   6,204,478    52,095,407 
Adcock Ingram Holdings Ltd.   706,913    1,971,935 
AECI Ltd.   1,221,331    8,686,204 
African Rainbow Minerals Ltd.   1,042,826    13,507,236 
Alexander Forbes Group Holdings Ltd.   6,245,644    1,763,153 
Anglo American Platinum Ltd.   470,512    49,908,490 
AngloGold Ashanti Ltd.   3,570,707    76,328,473 
Aspen Pharmacare Holdings Ltd.   3,341,910    49,988,871 
Astral Foods Ltd.   444,101    4,751,783 
AVI Ltd.   2,378,096    12,065,002 
Barloworld Ltd.   1,610,846    15,313,418 
Bid Corp. Ltd.   2,874,952    55,127,498 
Bidvest Group Ltd. (The)   2,384,666    27,107,678 
Capitec Bank Holdings Ltd.   693,851    79,527,845 
Clicks Group Ltd.   2,127,554    37,922,764 
Coronation Fund Managers Ltd.   2,721,299    9,345,322 
DataTec Ltd.   1,927,737    4,545,120 
Dis-Chem Pharmacies Ltd.(b)   3,321,959    7,247,531 
Discovery Ltd.(a)(c)   3,658,795    30,659,805 
Distell Group Holdings Ltd.(a)   901,382    9,119,146 
DRDGOLD Ltd.(c)   4,548,045    4,199,660 
Equites Property Fund Ltd.   4,928,056    6,472,624 
Exxaro Resources Ltd.   2,204,780    21,044,178 
FirstRand Ltd.   42,795,436    149,660,184 
Fortress REIT Ltd., Series A(c)   11,592,709    9,169,210 
Foschini Group Ltd. (The)(a)(c)   2,878,535    21,884,467 
Gold Fields Ltd.   7,676,217    88,353,180 
Growthpoint Properties Ltd.   28,853,853    24,218,732 
Harmony Gold Mining Co. Ltd.   4,811,489    20,602,398 
Impala Platinum Holdings Ltd.   7,047,170    88,261,415 
Imperial Logistics Ltd.   1,619,873    6,393,941 
Investec Ltd.   2,838,754    14,412,410 
JSE Ltd.   919,182    6,270,132 
KAP Industrial Holdings Ltd.   27,853,072    7,442,663 
Kumba Iron Ore Ltd.   555,410    15,724,167 
Liberty Holdings Ltd.(a)   1,326,656    7,327,679 
Security   Shares    Value 
           
South Africa (continued)          
Life Healthcare Group Holdings Ltd.(a)(c)   11,565,407   $17,015,437 
Massmart Holdings Ltd.(a)(c)   1,092,989    4,186,412 
Momentum Metropolitan Holdings(c)   8,482,663    9,610,663 
Motus Holdings Ltd.   1,613,665    10,774,676 
Mr. Price Group Ltd.   2,189,651    27,396,451 
MTN Group Ltd.(a)   14,712,081    148,403,533 
MultiChoice Group   3,388,834    26,209,398 
Naspers Ltd., Class N   1,872,131    289,352,236 
Nedbank Group Ltd.   3,832,142    39,798,379 
NEPI Rockcastle PLC   3,654,261    22,665,379 
Netcare Ltd.(a)   9,891,328    8,942,930 
Ninety One Ltd.   1,484,452    4,918,618 
Northam Platinum Holdings Ltd.(a)   3,160,270    44,146,419 
Oceana Group Ltd.   786,058    2,915,902 
Old Mutual Ltd.   41,089,250    31,388,519 
Pepkor Holdings Ltd.(a)(b)   11,110,655    15,319,501 
Pick n Pay Stores Ltd.   2,868,502    9,589,327 
PSG Group Ltd.   1,571,220    7,944,515 
Rand Merchant Investment Holdings Ltd.   6,800,742    17,894,439 
Redefine Properties Ltd.(a)   49,852,910    15,672,087 
Reinet Investments SCA   1,346,464    22,302,794 
Remgro Ltd.   4,365,118    34,448,891 
Resilient REIT Ltd.   3,203,419    11,252,752 
Reunert Ltd.   1,767,414    5,389,474 
Royal Bafokeng Platinum Ltd.   1,562,313    14,400,194 
Sanlam Ltd.   15,755,866    54,880,539 
Santam Ltd.   178,855    2,889,343 
Sappi Ltd.(a)(c)   5,064,334    14,242,544 
Sasol Ltd.(a)   4,930,869    81,050,430 
Shoprite Holdings Ltd.   4,291,228    53,194,499 
Sibanye Stillwater Ltd.   24,165,875    75,356,035 
SPAR Group Ltd. (The)   1,535,524    15,697,969 
Standard Bank Group Ltd.   10,985,609    89,231,753 
Steinhoff International Holdings NV(a)(c)   39,170,408    5,590,495 
Super Group Ltd./South Africa   3,910,008    8,063,393 
Telkom SA SOC Ltd.(a)   2,832,115    9,316,332 
Thungela Resources Ltd.(a)   1,111,853    5,210,085 
Tiger Brands Ltd.   1,347,124    15,180,449 
Transaction Capital Ltd.   3,769,978    10,088,039 
Truworths International Ltd.   3,565,596    11,146,271 
Vodacom Group Ltd.   5,454,870    45,789,355 
Vukile Property Fund Ltd.   7,413,747    5,848,892 
Wilson Bayly Holmes-Ovcon Ltd.   625,401    4,207,350 
Woolworths Holdings Ltd.   8,442,323    27,287,117 
         2,414,629,537 
           
South Korea — 12.1%          
ABLBio Inc.(a)(c)   291,506    4,666,876 
Ace Technologies Corp.(a)(c)   320,413    3,557,300 
AfreecaTV Co. Ltd.   88,300    15,084,495 
Ahnlab Inc.(c)   79,882    4,409,432 
Alteogen Inc.(a)(c)   246,982    14,254,666 
Amicogen Inc.(a)(c)   165,832    3,900,756 
Amorepacific Corp.(c)   280,672    37,081,238 
AMOREPACIFIC Group   242,954    8,433,399 
Ananti Inc.(a)(c)   594,387    4,869,450 
Aprogen Medicines Inc.(a)   929,104    1,152,635 
AptaBio Therapeutics Inc.(a)(c)   163,701    4,496,585 
Asiana Airlines Inc.(a)   61,154    931,802 
BGF retail Co. Ltd.   77,767    9,501,063 
BH Co. Ltd.(c)   255,950    4,542,323 


16

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Binex Co. Ltd.(a)(c)   279,968   $3,640,238 
Binggrae Co. Ltd.(c)   66,835    2,846,834 
Bioneer Corp.(a)(c)   184,990    7,237,286 
BNC Korea Co. Ltd.(a)   199,656    4,025,390 
BNK Financial Group Inc.   2,190,431    14,736,484 
Boditech Med Inc.   102,544    1,413,815 
Boryung Pharmaceutical Co. Ltd.(c)   324,940    3,928,804 
Bukwang Pharmaceutical Co. Ltd.(c)   403,247    4,030,106 
Cafe24 Corp.(a)(c)   151,415    3,057,486 
Cellid Co. Ltd.(a)(c)   71,766    3,139,027 
Cellivery Therapeutics Inc.(a)(c)   129,136    4,459,014 
Celltrion Healthcare Co. Ltd.(a)   735,331    50,057,292 
Celltrion Inc.(a)(c)   830,519    144,566,656 
Celltrion Pharm Inc.(a)(c)   142,439    14,345,002 
Chabiotech Co. Ltd.(a)(c)   445,795    6,563,865 
Cheil Worldwide Inc.   571,389    10,431,833 
Chong Kun Dang Pharmaceutical Corp.   64,413    5,781,918 
Chongkundang Holdings Corp.   3,319    190,519 
Chunbo Co. Ltd.(c)   43,314    12,628,563 
CJ CGV Co. Ltd.(a)(c)   238,623    4,496,770 
CJ CheilJedang Corp.   71,003    21,161,864 
CJ Corp.   122,169    8,223,522 
CJ ENM Co. Ltd.   87,814    10,016,627 
CJ Logistics Corp.(a)(c)   74,751    7,798,721 
CMG Pharmaceutical Co. Ltd.(a)(c)   1,173,505    3,234,843 
Com2uSCorp.(c)   72,947    9,514,929 
Cosmax Inc.(a)   82,814    6,297,565 
CosmoAM&T Co. Ltd.(a)   229,544    8,301,560 
Coway Co. Ltd.   454,452    25,929,272 
Creative & Innovative System(a)(c)   491,181    5,838,452 
CrystalGenomics Inc.(a)   130,917    677,149 
CS Wind Corp.(c)   200,456    9,558,867 
Cuckoo Holdings Co. Ltd.(c)   88,875    1,352,839 
Cuckoo Homesys Co. Ltd.(c)   64,252    2,052,200 
Daea TI Co. Ltd.   227,634    971,180 
Daeduck Electronics Co. Ltd./New   363,465    6,071,285 
Daejoo Electronic Materials Co. Ltd.(c)   119,315    12,243,409 
Daesang Corp.   231,879    4,177,874 
Daewoo Engineering & Construction Co. Ltd.(a)(c)   1,653,951    7,488,037 
Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)(c)   347,140    6,727,561 
Daewoong Co. Ltd.(c)   206,508    5,370,258 
Daewoong Pharmaceutical Co. Ltd.   49,482    5,510,090 
Daishin Securities Co. Ltd.   410,538    6,462,358 
Daou Technology Inc.   281,571    5,103,418 
Dawonsys Co. Ltd.   27,073    683,719 
DB HiTek Co. Ltd.   324,590    18,179,518 
DB Insurance Co. Ltd.   410,537    18,606,239 
Devsisters Co. Ltd.(a)(c)   52,482    4,444,557 
DGB Financial Group Inc.   1,483,301    11,165,147 
Digital Power Communications Co. Ltd.   295,671    3,965,429 
DL E&C Co. Ltd.(a)   126,407    11,756,015 
DL Holdings Co. Ltd.   103,446    4,863,798 
Dong-A Socio Holdings Co. Ltd.   37,645    3,487,647 
Dong-A ST Co. Ltd.(c)   70,622    4,056,629 
Dongjin Semichem Co. Ltd.(c)   327,258    9,303,616 
DongKook Pharmaceutical Co. Ltd.(c)   278,756    4,595,607 
Dongkuk Steel Mill Co. Ltd.   601,862    7,161,283 
Dongsuh Cos. Inc.   299,679    8,001,157 
Dongwon F&B Co. Ltd.(c)   11,785    1,800,209 
Security   Shares    Value 
           
South Korea (continued)          
Dongwon Industries Co. Ltd.   14,315   $2,534,109 
Doosan Bobcat Inc.(a)   441,075    13,427,007 
Doosan Co. Ltd.   9,848    899,493 
Doosan Fuel Cell Co. Ltd.(a)(c)   359,117    14,933,482 
Doosan Heavy Industries & Construction Co. Ltd.(a)(c)   2,619,043    41,938,207 
DoubleUGames Co. Ltd.   105,759    4,956,752 
Douzone Bizon Co. Ltd.   171,466    10,879,779 
Duk San Neolux Co. Ltd.(a)(c)   123,126    5,717,019 
Echo Marketing Inc.(c)   193,727    2,694,542 
Ecopro BM Co. Ltd.   94,845    43,359,384 
Ecopro Co. Ltd.   157,963    17,045,470 
Ecopro HN Co. Ltd.(a)(c)   119,962    8,354,907 
E-MART Inc.   161,648    19,406,241 
Enzychem Lifesciences Corp.(a)(c)   73,322    3,328,425 
Eo Technics Co Ltd.   90,673    7,782,904 
Eone Diagnomics Genome Center Co. Ltd.(a)   321,280    896,851 
Eubiologics Co. Ltd.(a)(c)   292,982    9,372,267 
Eugene Corp.   71,089    263,830 
Eugene Technology Co. Ltd.(c)   173,002    6,984,041 
Eutilex Co. Ltd.(a)   28,513    461,790 
F&F Co. Ltd./New(a)   30,633    21,267,261 
Fila Holdings Corp.   418,105    12,311,901 
Foosung Co. Ltd.(a)(c)   582,386    11,746,008 
GC Cell Corp.(c)   85,520    6,741,729 
GemVax & Kael Co. Ltd.(a)(c)   326,738    4,338,480 
Geneone Life Science Inc.(a)(c)   420,862    10,451,578 
Genexine Inc.(a)(c)   169,009    8,110,461 
GOLFZON Co. Ltd.   20,353    2,847,604 
Grand Korea Leisure Co. Ltd.(a)(c)   361,251    3,555,801 
Green Cross Corp.   50,197    9,181,103 
Green Cross Holdings Corp.   196,530    4,048,182 
GS Engineering & Construction Corp.   495,608    15,298,294 
GS Holdings Corp.   379,507    11,954,087 
GS Retail Co. Ltd.   324,157    7,692,508 
Halla Holdings Corp.   79,719    2,913,500 
Hana Financial Group Inc.   2,563,377    85,199,628 
Hana Tour Service Inc.(a)(c)   106,609    5,952,816 
Hanall Biopharma Co. Ltd.(a)   316,201    5,074,339 
Handsome Co. Ltd.   134,237    3,956,812 
Hanil Cement Co. Ltd./New   249,949    4,020,244 
Hanjin Transportation Co. Ltd.(c)   72,471    1,701,355 
Hankook & Co. Co. Ltd.   263,905    3,370,447 
Hankook Tire & Technology Co. Ltd.   627,517    20,346,001 
Hanmi Pharm Co. Ltd.(c)   55,187    11,702,699 
Hanmi Semiconductor Co. Ltd.   282,887    7,730,383 
Hanon Systems   1,620,739    17,645,612 
Hansae Co. Ltd.(c)   195,240    3,267,989 
Hansol Chemical Co. Ltd.   83,983    21,187,820 
Hanssem Co. Ltd.(c)   105,643    7,643,429 
Hanwha Aerospace Co. Ltd.   315,520    10,798,882 
Hanwha Corp.   346,212    8,686,461 
Hanwha Investment & Securities Co. Ltd.(a)   1,052,318    4,591,043 
Hanwha Life Insurance Co. Ltd.   3,157,106    7,361,323 
Hanwha Solutions Corp.(a)   1,051,968    29,316,608 
Hanwha Systems Co. Ltd.   562,881    6,677,105 
HDC Holdings Co. Ltd.(c)   355,824    2,894,759 
HDC Hyundai Development Co-Engineering & Construction, Class E(c)   389,119    6,802,121 
Helixmith Co. Ltd.(a)(c)   303,215    6,280,190 


 17

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Hite Jinro Co. Ltd.   320,483   $7,828,137 
HLB Inc.(a)(c)   811,691    24,627,893 
HLB Life Science Co. Ltd.(a)(c)   785,046    7,939,180 
HMM Co. Ltd.(a)(c)   2,271,550    45,130,716 
Hotel Shilla Co. Ltd.(c)   252,272    15,018,567 
HS Industries Co. Ltd.   145,807    682,844 
Huchems Fine Chemical Corp.(c)   215,107    3,893,635 
Hugel Inc.(a)(c)   58,593    6,992,066 
Huons Co. Ltd.(c)   95,679    3,640,451 
Huons Global Co. Ltd.(c)   71,981    2,343,623 
Hwaseung Enterprise Co. Ltd.(c)   207,895    2,628,343 
HYBE Co. Ltd.(a)(c)   131,298    40,204,609 
Hyosung Advanced Materials Corp.(a)   24,526    12,340,914 
Hyosung Chemical Corp.(a)   20,281    4,188,413 
Hyosung Corp.   93,990    7,154,973 
Hyosung TNC Corp.   22,782    9,618,373 
Hyundai Autoever Corp.   60,138    5,653,196 
Hyundai Bioscience Co. Ltd.(a)(c)   338,573    8,807,059 
Hyundai Construction Equipment Co. Ltd.(a)(c)   133,025    4,024,040 
Hyundai Department Store Co. Ltd.   129,545    7,315,029 
Hyundai Doosan Infracore Co. Ltd.(a)(c)   500,523    3,127,826 
Hyundai Elevator Co. Ltd.   250,668    8,282,491 
Hyundai Engineering & Construction Co. Ltd.   644,723    23,953,588 
Hyundai Glovis Co. Ltd.   159,390    19,506,436 
Hyundai Greenfood Co. Ltd.   700,243    4,699,770 
Hyundai Heavy Industries Holdings Co. Ltd.   405,356    18,055,416 
Hyundai Home Shopping Network Corp.   56,405    2,906,053 
Hyundai Marine & Fire Insurance Co. Ltd.   478,129    9,245,914 
Hyundai Mipo Dockyard Co. Ltd.(a)(c)   217,641    12,615,534 
Hyundai Mobis Co. Ltd.   563,734    104,626,605 
Hyundai Motor Co.   1,197,657    196,755,907 
Hyundai Rotem Co. Ltd.(a)(c)   618,086    9,791,669 
Hyundai Steel Co.   751,690    23,396,674 
Hyundai Wia Corp.   145,794    8,772,281 
Iljin Materials Co. Ltd.(c)   205,680    22,169,683 
Ilyang Pharmaceutical Co. Ltd.(c)   134,368    3,038,108 
Industrial Bank of Korea   1,926,510    16,686,406 
Innocean Worldwide Inc.   89,478    3,883,143 
Innox Advanced Materials Co. Ltd.(a)(c)   173,690    5,526,425 
iNtRON Biotechnology Inc.(a)(c)   274,533    5,341,597 
IS Dongseo Co. Ltd.   164,254    5,587,336 
ITM Semiconductor Co. Ltd.(c)   87,973    2,994,769 
JB Financial Group Co. Ltd.   1,166,649    7,878,587 
JW Pharmaceutical Corp.(c)   174,645    3,113,382 
JYP Entertainment Corp.   261,825    9,970,138 
Kakao Corp.   2,693,889    275,611,582 
Kakao Games Corp.(a)   256,508    21,291,093 
KakaoBank Corp.(a)(c)   637,893    35,226,686 
Kangwon Land Inc.(a)(c)   842,204    15,615,106 
KB Financial Group Inc.   3,384,518    150,417,783 
KCC Corp.   43,531    10,065,476 
KCC Glass Corp.   99,528    4,422,351 
KEPCO Engineering & Construction Co. Inc.(c)   128,745    9,067,625 
KEPCO Plant Service & Engineering Co. Ltd.   220,134    7,167,641 
Kginicis Co. Ltd.   233,305    3,153,247 
KH FEELUX Co. Ltd.(a)   514,088    1,093,128 
Kia Corp.   2,259,465    147,880,456 
KIWOOM Securities Co. Ltd.   113,390    9,289,684 
KMW Co. Ltd.(a)(c)   242,034    7,406,153 
Koentec Co. Ltd.   15,133    105,849 
Security   Shares    Value 
           
South Korea (continued)          
Koh Young Technology Inc.   531,755   $8,795,428 
Kolmar BNH Co. Ltd.(c)   122,397    3,018,346 
Kolmar Korea Co. Ltd.(c)   147,315    4,578,605 
Kolon Industries Inc.   159,009    9,448,829 
Komipharm International Co. Ltd.(a)(c)   381,883    2,621,969 
KONA I Co. Ltd.(a)(c)   117,732    2,478,809 
Korea Aerospace Industries Ltd.   624,115    14,292,039 
Korea Electric Power Corp.   2,087,765    36,446,453 
Korea Investment Holdings Co. Ltd.   357,300    22,585,807 
Korea Line Corp.(a)   1,336,730    2,551,648 
Korea Petrochemical Ind. Co Ltd.(c)   30,436    4,366,968 
Korea REIT & Trust Co. Ltd.   2,078,661    4,473,711 
Korea Shipbuilding & Offshore Engineering Co. Ltd.(a)   333,916    24,566,315 
Korea United Pharm Inc.(c)   102,907    4,220,958 
Korea Zinc Co. Ltd.   74,594    31,068,528 
Korean Air Lines Co. Ltd.(a)   1,475,725    32,796,373 
Korean Reinsurance Co.   827,059    6,467,777 
Krafton Inc.(a)   127,416    53,952,562 
KT Skylife Co. Ltd.   269,706    1,957,026 
KT&G Corp.   926,828    63,884,492 
Kuk-Il Paper Manufacturing Co. Ltd.(a)(c)   1,045,698    3,315,994 
Kumho Petrochemical Co. Ltd.(c)   158,775    20,604,013 
Kumho Tire Co. Inc.(a)(c)   901,304    2,998,683 
Kwang Dong Pharmaceutical Co. Ltd.   108,743    612,749 
Kyung Dong Navien Co. Ltd.   82,797    3,644,553 
L&C Bio Co. Ltd.(c)   154,237    4,050,981 
L&F Co. Ltd.(c)   196,782    37,110,757 
LEENO Industrial Inc.   91,246    15,201,586 
LegoChem Biosciences Inc.(a)(c)   193,276    7,919,502 
LF Corp.   197,513    2,780,222 
LG Chem Ltd.   397,052    232,589,780 
LG Corp.   747,051    49,437,410 
LG Display Co. Ltd.(a)(c)   1,954,770    32,694,175 
LG Electronics Inc.   917,877    89,339,262 
LG Household & Health Care Ltd.   80,048    70,989,909 
LG Innotek Co. Ltd.(c)   121,293    30,958,782 
LG Uplus Corp.   1,737,072    19,768,520 
LIG Nex1 Co. Ltd.   142,791    6,439,183 
Lock&Lock Co. Ltd.(a)   263,580    2,162,761 
Lotte Chemical Corp.   143,867    24,374,234 
Lotte Chilsung Beverage Co. Ltd.   45,511    5,004,678 
Lotte Confectionery Co. Ltd.   18,617    1,740,371 
LOTTE Fine Chemical Co. Ltd.   183,754    12,064,711 
LOTTE Himart Co. Ltd.   94,289    1,841,633 
LOTTE Reit Co. Ltd.   1,720,190    7,880,629 
Lotte Shopping Co. Ltd.(c)   99,662    7,008,878 
Lotte Tour Development Co. Ltd.(a)(c)   411,793    5,518,176 
LS Corp.   160,619    6,656,104 
LS Electric Co. Ltd.   178,328    7,864,753 
Lx Hausys Ltd.   68,175    3,218,499 
LX Holdings Corp.(a)(c)   400,815    2,943,266 
Lx International Corp.   310,341    6,038,478 
LX Semicon Co. Ltd.(c)   115,161    10,363,948 
Maeil Dairies Co. Ltd.(c)   48,500    2,778,571 
Mando Corp.(a)   282,714    12,996,717 
Mcnex Co. Ltd.(c)   132,329    5,025,279 
Medipost Co. Ltd.(a)   39,473    642,911 
MedPacto Inc.(a)(c)   125,634    4,969,587 
Medy-Tox Inc.(a)(c)   46,652    5,132,058 


18

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
MegaStudyEdu Co. Ltd.   93,055   $5,864,253 
Meritz Financial Group Inc.(c)   377,226    10,914,247 
Meritz Fire & Marine Insurance Co. Ltd.   497,344    13,050,877 
Meritz Securities Co. Ltd.   2,426,944    10,188,006 
Mezzion Pharma Co. Ltd.(a)(c)   66,474    10,291,895 
Mirae Asset Life Insurance Co. Ltd.   749,463    2,483,776 
Mirae Asset Securities Co. Ltd.   2,280,880    16,435,661 
Myoung Shin Industrial Co. Ltd.(a)(c)   182,957    4,080,846 
Namhae Chemical Corp.(c)   285,718    2,396,687 
Naturecell Co. Ltd.(a)(c)   467,811    6,968,421 
NAVER Corp.   1,062,618    339,242,875 
NCSoft Corp.   140,877    80,429,066 
NEPES Corp.(a)(c)   190,894    5,004,468 
Netmarble Corp.(b)   180,688    17,746,271 
Nexen Tire Corp.   301,269    1,573,622 
Next Science Co. Ltd.(a)   341,894    5,597,978 
NH Investment & Securities Co. Ltd.   937,644    9,735,961 
NHN Corp.(a)   104,685    7,953,240 
NHN KCP Corp.(a)   247,576    6,920,421 
NICE Holdings Co. Ltd.   244,877    3,211,856 
NICE Information Service Co. Ltd.(c)   362,795    5,248,433 
NKMax Co. Ltd.(a)(c)   378,295    6,093,389 
NongShim Co. Ltd.   32,697    7,526,714 
OCI Co. Ltd.(a)   171,871    15,835,958 
Orion Corp./Republic of Korea   204,941    16,734,134 
Orion Holdings Corp.   266,771    3,294,306 
Oscotec Inc.(a)(c)   223,674    5,030,211 
Osstem Implant Co. Ltd.   106,269    9,992,617 
Ottogi Corp.(c)   13,917    5,100,490 
Pan Ocean Co. Ltd.   2,397,693    10,452,387 
Paradise Co. Ltd.(a)(c)   505,234    5,817,018 
Park Systems Corp.(c)   41,557    5,059,732 
Partron Co. Ltd.   451,251    4,189,851 
Pearl Abyss Corp.(a)(c)   261,243    28,994,661 
People & Technology Inc.   156,205    6,285,545 
PharmaResearch Co. Ltd.(c)   62,420    4,044,019 
Pharmicell Co. Ltd.(a)   549,967    6,032,374 
PI Advanced Materials Co. Ltd.   177,446    6,894,399 
Poongsan Corp.   276,305    6,646,233 
POSCO.   635,318    139,487,429 
POSCO Chemical Co. Ltd.(c)   269,580    35,787,496 
Posco ICT Co. Ltd.(c)   602,410    2,899,223 
Posco International Corp.(c)   456,021    7,175,087 
RFHIC Corp.(c)   190,813    5,293,601 
S&S Tech Corp.(c)   185,551    4,916,954 
S-1 Corp.   130,510    8,106,251 
Sam Chun Dang Pharm Co. Ltd.(a)(c)   139,745    4,938,713 
Sam Kang M&T Co. Ltd.(a)(c)   254,155    4,467,546 
Samjin Pharmaceutical Co. Ltd.   33,295    685,019 
Samsung Biologics Co. Ltd.(a)(b)(c)   143,220    107,367,587 
Samsung C&T Corp.   710,538    63,026,060 
Samsung Electro-Mechanics Co. Ltd.   474,798    66,489,034 
Samsung Electronics Co. Ltd.   41,373,865    2,483,516,265 
Samsung Engineering Co. Ltd.(a)(c)   1,354,760    23,655,519 
Samsung Fire & Marine Insurance Co. Ltd.   263,781    44,879,156 
Samsung Heavy Industries Co. Ltd.(a)(c)   5,380,470    23,043,932 
Samsung Life Insurance Co. Ltd.   585,166    29,333,434 
Samsung SDI Co. Ltd.   475,527    274,760,380 
Samsung SDS Co. Ltd.   293,361    35,252,797 
Samsung Securities Co. Ltd.   516,497    19,238,937 
Security   Shares    Value 
           
South Korea (continued)          
Samwha Capacitor Co. Ltd.   100,125   $4,461,795 
Samyang Foods Co. Ltd.(c)   53,049    3,510,460 
Samyang Holdings Corp.(c)   57,428    4,385,209 
SD Biosensor Inc.(a)   310,340    15,257,055 
Sebang Global Battery Co. Ltd.   68,057    4,270,308 
Seegene Inc.(c)   309,277    19,524,953 
Seobu T&D(c)   429,743    3,063,278 
Seojin System Co. Ltd.(a)(c)   128,579    4,259,433 
Seoul Semiconductor Co. Ltd.   427,714    4,888,201 
SFA Engineering Corp.   185,387    5,241,135 
SFA Semicon Co. Ltd.(a)(c)   855,242    4,413,141 
Shin Poong Pharmaceutical Co. Ltd.(c)   273,852    7,524,691 
Shinhan Financial Group Co. Ltd.   3,675,222    106,880,318 
Shinsegae Inc.   59,601    10,918,185 
Shinsegae International Inc.   28,996    3,395,092 
Shinsung E&G Co. Ltd.(a)   615,476    927,271 
SillaJen Inc.(a)(c)(d)   540,819    3,580,723 
SIMMTECH Co. Ltd.   67,036    2,271,402 
SK Biopharmaceuticals Co. Ltd.(a)(c)   226,973    18,224,689 
SK Bioscience Co. Ltd.(a)(c)   191,052    45,113,297 
SK Chemicals Co. Ltd.(c)   102,127    11,955,515 
SK D&D Co. Ltd.   78,541    1,872,009 
SK Discovery Co. Ltd.(c)   98,532    3,655,132 
SK Gas Ltd.   46,690    4,524,515 
SK Hynix Inc.   4,681,773    447,582,544 
SK IE Technology Co. Ltd.(a)(b)   135,462    17,740,488 
SK Inc.   270,261    58,855,465 
SK Innovation Co. Ltd.(a)   440,485    72,062,939 
SK Materials Co. Ltd.(c)   41,002    13,755,106 
SK Networks Co. Ltd.   1,360,765    5,491,652 
SK Square Co. Ltd.(a)   206,062    11,795,788 
SK Telecom Co. Ltd.   318,752    14,595,348 
SKC Co. Ltd.   181,978    30,138,822 
SL Corp.(c)   142,347    3,714,704 
SM Entertainment Co. Ltd.(a)(c)   183,941    10,408,484 
SNT Motiv Co. Ltd.(c)   88,279    3,089,736 
S-Oil Corp.   386,540    25,893,698 
Solid Inc.(a)   212,760    1,116,163 
SOLUM Co. Ltd.(a)   310,903    6,032,355 
Solus Advanced Materials Co Ltd   119,367    9,836,772 
Songwon Industrial Co. Ltd.   38,463    588,233 
Soulbrain Co. Ltd./New   41,454    8,941,136 
Soulbrain Holdings Co. Ltd.(a)(c)   60,928    1,802,090 
ST Pharm Co. Ltd.(a)(c)   92,994    9,828,758 
Taihan Electric Wire Co. Ltd.(a)(c)   2,567,302    3,894,555 
Tera Resource Co. Ltd.(a)(d)   49,111     
TES Co. Ltd./Korea(c)   191,864    4,126,722 
Tokai Carbon Korea Co. Ltd.   55,811    6,785,473 
Tongyang Life Insurance Co. Ltd.   777,042    4,348,137 
TY Holdings Co. Ltd./Korea(a)(c)   215,336    4,172,618 
Vaxcell-Bio Therapeutics Co. Ltd.(a)(c)   81,509    3,599,795 
Vidente Co. Ltd.(a)   84,960    2,199,276 
Vieworks Co. Ltd.   44,405    1,324,339 
Webzen Inc.(a)(c)   160,456    3,279,990 
Wemade Co. Ltd.(c)   168,496    27,876,962 
Wonik Holdings Co. Ltd.(a)   1    4 
WONIK IPS Co. Ltd.(c)   283,853    9,294,178 
Woori Financial Group Inc.   4,360,430    46,152,132 
Woori Investment Bank Co. Ltd.(c)   3,425,208    2,503,277 
Woori Technology Investment Co. Ltd.(a)(c)   665,465    5,328,538 


 19

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Wysiwyg Studious Co. Ltd.(a)   174,687   $7,235,121 
Y2 Solution Co. Ltd.(a)(c)(d)   278,963    372,452 
YG Entertainment Inc.(a)(c)   116,271    5,428,829 
Youlchon Chemical Co. Ltd.(c)   111,418    2,009,313 
Youngone Corp.   207,145    6,756,713 
Youngone Holdings Co. Ltd.   65,517    2,612,287 
Yuanta Securities Korea Co. Ltd.   1,174,071    3,794,419 
Yuhan Corp.(c)   417,214    20,311,974 
Yungjin Pharmaceutical Co. Ltd.(a)(c)   920,714    3,156,973 
Zinus Inc.(c)   97,382    6,471,168 
         9,225,649,691 
Taiwan — 16.1%          
AcBel Polytech Inc.(c)   7,185,000    9,004,233 
Accton Technology Corp.(c)   4,440,000    46,117,572 
Acer Inc.(c)   25,046,872    24,893,697 
Actron Technology Corp.   471,000    4,133,288 
ADATA Technology Co. Ltd.(c)   2,244,820    6,969,354 
Adimmune Corp.(c)   2,600,000    4,207,952 
Advanced Ceramic X Corp.(c)   446,000    5,722,103 
Advanced Wireless Semiconductor Co.(c)   1,521,000    7,996,831 
Advantech Co. Ltd.(c)   3,214,110    44,128,066 
Airtac International Group(c)   1,172,292    35,877,455 
Alchip Technologies Ltd.(c)   597,000    21,930,381 
Amazing Microelectronic Corp.   629,000    6,300,293 
AmTRAN Technology Co. Ltd.   8,534,672    5,603,944 
Andes Technology Corp.(c)   344,000    6,778,340 
AP Memory Technology Corp.(c)   729,000    13,231,055 
Arcadyan Technology Corp.(c)   1,312,391    5,189,940 
Ardentec Corp.(c)   4,828,546    9,602,270 
ASE Technology Holding Co. Ltd.(c)   28,411,222    103,565,993 
Asia Cement Corp.   17,086,050    25,745,427 
Asia Optical Co. Inc.(c)   2,605,000    9,229,952 
Asia Pacific Telecom Co. Ltd.(a)   18,721,173    5,501,731 
Asia Vital Components Co. Ltd.(c)   3,224,000    10,171,773 
ASMedia Technology Inc.(c)   239,000    16,641,356 
ASPEED Technology Inc.   191,000    23,034,737 
ASROCK Inc.(c)   543,000    4,654,852 
Asustek Computer Inc.(c)   5,998,000    75,832,278 
AU Optronics Corp.(c)   70,387,000    50,705,449 
AURAS Technology Co. Ltd.(c)   698,000    4,802,205 
Bank of Kaohsiung Co. Ltd.(c)   26,819,903    11,028,403 
BES Engineering Corp.(c)   17,091,000    5,372,477 
Bizlink Holding Inc.(c)   1,076,926    9,970,571 
Brighton-Best International Taiwan Inc.(c)   4,723,000    5,827,097 
Capital Securities Corp.(c)   23,508,050    13,586,118 
Career Technology MFG. Co. Ltd.(c)   4,564,498    3,972,885 
Catcher Technology Co. Ltd.(c)   5,288,000    29,367,812 
Cathay Financial Holding Co. Ltd.   67,892,872    145,859,953 
Cathay Real Estate Development Co. Ltd.(c)   8,021,900    5,674,979 
Center Laboratories Inc.(c)   3,445,007    7,750,538 
Century Iron & Steel Industrial Co. Ltd.(c)   1,446,000    5,805,966 
Chailease Holding Co. Ltd.(c)   11,449,721    101,295,742 
Chang Hwa Commercial Bank Ltd.(c)   38,928,182    22,922,604 
Charoen Pokphand Enterprise   2,113,000    6,130,440 
Cheng Loong Corp.(c)   7,256,000    8,845,968 
Cheng Shin Rubber Industry Co. Ltd.(c)   13,380,650    16,088,054 
Cheng Uei Precision Industry Co. Ltd.(c)   3,330,000    4,587,585 
Chicony Electronics Co. Ltd.(c)   4,152,787    11,843,801 
Chicony Power Technology Co. Ltd.   1,136,000    3,037,888 
Chief Telecom Inc.(c)   260,000    2,527,125 
Security   Shares    Value 
           
Taiwan (continued)          
Chilisin Electronics Corp.(c)   2,175,000   $7,051,822 
China Airlines Ltd.(a)   22,212,000    20,571,034 
China Bills Finance Corp.(c)   15,215,000    9,339,498 
China Development Financial Holding Corp.(c)   113,177,000    66,446,803 
China General Plastics Corp.(c)   5,280,386    6,386,569 
China Life Insurance Co. Ltd.   17,176,062    18,903,975 
China Man-Made Fiber Corp.(c)   18,565,574    6,748,341 
China Metal Products(c)   4,333,146    4,992,416 
China Motor Corp.   2,607,800    6,145,779 
China Petrochemical Development Corp.(a)(c)   28,580,245    12,953,119 
China Steel Chemical Corp.(c)   1,456,000    5,987,300 
China Steel Corp.(c)   101,923,529    118,911,490 
Chin-Poon Industrial Co. Ltd.   4,297,000    5,650,267 
Chipbond Technology Corp.(c)   4,093,000    9,858,232 
ChipMOS Technologies Inc.(c)   5,428,000    8,959,320 
Chlitina Holding Ltd.(c)   497,000    4,424,095 
Chong Hong Construction Co. Ltd.(c)   1,548,122    4,117,761 
Chroma ATE Inc.(c)   3,010,000    20,043,869 
Chung Hung Steel Corp.(c)   8,105,000    10,136,757 
Chung-Hsin Electric & Machinery Manufacturing Corp.(c)   3,614,000    5,808,407 
Chunghwa Precision Test Tech Co. Ltd.(c)   188,000    4,628,765 
Chunghwa Telecom Co. Ltd.   31,320,000    126,002,163 
Cleanaway Co. Ltd.(c)   887,000    7,807,869 
Clevo Co.(c)   4,629,175    5,194,367 
CMC Magnetics Corp.   177,000    54,778 
Compal Electronics Inc.(c)   34,023,000    28,250,919 
Compeq Manufacturing Co. Ltd.(c)   7,670,000    11,401,191 
Concraft Holding Co. Ltd.   499,000    693,632 
Continental Holdings Corp.(c)   4,758,600    4,301,174 
Coretronic Corp.   3,570,200    10,155,959 
Co-Tech Development Corp.(c)   2,424,000    6,678,911 
CSBC Corp. Taiwan(a)(c)   6,447,316    5,159,265 
CTBC Financial Holding Co. Ltd.   156,727,599    137,202,997 
CTCI Corp.(c)   5,332,000    6,855,942 
Cub Elecparts Inc.(c)   535,979    3,429,925 
Darfon Electronics Corp.(c)   2,788,000    4,641,663 
Delta Electronics Inc.(c)   16,802,000    154,459,403 
E Ink Holdings Inc.(c)   7,602,000    34,399,398 
E.Sun Financial Holding Co. Ltd.(c)   99,284,472    95,956,931 
Eclat Textile Co. Ltd.   1,573,683    32,761,127 
EirGenix Inc.(a)(c)   1,367,000    5,432,700 
Elan Microelectronics Corp.(c)   2,401,100    13,930,804 
Elite Material Co. Ltd.(c)   2,410,000    24,247,513 
Elite Semiconductor Microelectronics Technology Inc.(c)   2,316,000    13,319,925 
eMemory Technology Inc.   568,000    43,948,179 
Ennoconn Corp.(c)   563,259    4,923,116 
ENNOSTAR Inc.(a)(c)   4,904,185    13,595,314 
Episil Holdings Inc.(a)(c)   2,284,929    12,290,641 
Episil-Precision Inc.(c)   1,271,000    6,641,373 
Eternal Materials Co. Ltd.(c)   8,120,915    10,514,369 
Eva Airways Corp.(a)   19,682,326    17,657,226 
Evergreen Marine Corp. Taiwan Ltd.   22,004,449    97,461,789 
Everlight Chemical Industrial Corp.(c)   6,985,781    6,410,682 
Everlight Electronics Co. Ltd.(c)   3,599,000    6,610,251 
Far Eastern Department Stores Ltd.   9,896,167    7,485,462 
Far Eastern International Bank(c)   27,177,397    10,242,595 
Far Eastern New Century Corp.(c)   22,442,916    22,444,175 
Far EasTone Telecommunications Co. Ltd.   11,872,000    26,253,438 


20

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
Faraday Technology Corp.(c)   1,954,000   $12,933,624 
Farglory Land Development Co. Ltd.(c)   2,517,782    5,834,587 
Feng Hsin Steel Co. Ltd.(c)   4,760,000    13,291,024 
Feng TAY Enterprise Co. Ltd.(c)   3,445,387    25,131,919 
Firich Enterprises Co. Ltd.   106,000    110,720 
First Financial Holding Co. Ltd.(c)   86,908,984    72,179,645 
Fitipower Integrated Technology Inc.(c)   1,001,161    8,934,071 
FLEXium Interconnect Inc.(c)   2,401,616    8,858,654 
FocalTech Systems Co. Ltd.(c)   1,482,000    8,803,760 
Formosa Chemicals & Fibre Corp.   29,280,210    81,824,106 
Formosa International Hotels Corp.(c)   580,000    3,137,956 
Formosa Petrochemical Corp.(c)   9,165,000    31,245,022 
Formosa Plastics Corp.   33,019,800    121,107,350 
Formosa Sumco Technology Corp.(c)   758,000    6,764,219 
Formosa Taffeta Co. Ltd.(c)   6,641,000    6,883,432 
Foxconn Technology Co. Ltd.(c)   7,485,424    17,486,972 
Foxsemicon Integrated Technology Inc.(c)   689,000    5,511,440 
Fubon Financial Holding Co. Ltd.(c)   65,087,022    170,599,217 
Fulgent Sun International Holding Co. Ltd.(c)   1,084,221    3,818,255 
Fusheng Precision Co. Ltd.   859,000    6,229,605 
General Interface Solution Holding Ltd.(c)   2,163,000    7,719,569 
Genius Electronic Optical Co. Ltd.(c)   616,287    12,060,902 
Getac Holdings Corp.   3,999,000    7,726,565 
Giant Manufacturing Co. Ltd.(c)   2,661,000    29,717,838 
Gigabyte Technology Co. Ltd.(c)   4,451,000    21,746,006 
Ginko International Co. Ltd.(c)   374,250    3,282,561 
Global Mixed Mode Technology Inc.   592,000    5,620,961 
Global PMX Co. Ltd.(c)   385,000    2,502,655 
Global Unichip Corp.(c)   759,000    15,977,718 
Globalwafers Co. Ltd.(c)   1,890,000    55,352,715 
Gold Circuit Electronics Ltd.(c)   3,866,000    9,980,242 
Goldsun Building Materials Co. Ltd.(c)   9,049,425    8,609,179 
Gourmet Master Co. Ltd.(c)   860,471    3,655,726 
Grand Pacific Petrochemical(c)   8,582,000    8,794,616 
Grape King Bio Ltd.(c)   985,000    5,684,774 
Great Wall Enterprise Co. Ltd.(c)   5,538,202    10,333,055 
Greatek Electronics Inc.(c)   3,251,000    8,990,445 
Gudeng Precision Industrial Co. Ltd.(c)   555,356    5,899,652 
Hannstar Board Corp.(c)   3,249,000    5,196,222 
HannStar Display Corp.(c)   19,673,640    10,764,149 
Highwealth Construction Corp.(c)   5,650,153    9,388,237 
Hiwin Technologies Corp.(c)   2,347,555    24,012,322 
Holtek Semiconductor Inc.(c)   2,210,000    8,350,835 
Holy Stone Enterprise Co. Ltd.(c)   1,316,330    5,715,992 
Hon Hai Precision Industry Co. Ltd.(c)   107,089,928    396,811,831 
Hota Industrial Manufacturing Co. Ltd.(c)   2,441,261    8,058,518 
Hotai Finance Co. Ltd.   1,648,000    5,340,363 
Hotai Motor Co. Ltd.(c)   2,605,000    56,723,089 
Hsin Kuang Steel Co. Ltd.(c)   3,195,000    6,551,561 
HTC Corp.(a)(c)   6,413,000    17,830,351 
Hua Nan Financial Holdings Co. Ltd.   73,628,002    53,402,136 
Huaku Development Co. Ltd.   2,363,000    7,792,007 
IBF Financial Holdings Co. Ltd.(c)   20,008,706    11,491,935 
Innodisk Corp.(c)   1,005,740    7,334,625 
Innolux Corp.(c)   80,579,241    50,279,635 
International CSRC Investment Holdings Co.(c)   7,552,685    6,924,151 
International Games System Co. Ltd.(c)   489,000    13,696,469 
Inventec Corp.(c)   19,297,000    17,821,778 
ITE Technology Inc.(c)   1,618,000    6,037,507 
ITEQ Corp.(c)   1,743,604    7,928,536 
Security   Shares    Value 
           
Taiwan (continued)          
Jentech Precision Industrial Co. Ltd.(c)   657,000   $10,326,932 
Johnson Health Tech Co. Ltd.(c)   1,080,000    2,320,855 
Kenda Rubber Industrial Co. Ltd.(c)   5,295,337    5,606,189 
Kindom Development Co. Ltd.(c)   3,593,300    4,961,924 
King Slide Works Co. Ltd.   612,000    10,596,029 
King Yuan Electronics Co. Ltd.(c)   8,309,000    12,931,292 
King’s Town Bank Co. Ltd.   6,916,000    9,988,045 
Kinpo Electronics(c)   15,238,000    7,532,151 
Kinsus Interconnect Technology Corp.(c)   2,584,000    22,257,970 
LandMark Optoelectronics Corp.(c)   839,900    6,121,296 
Largan Precision Co. Ltd.(c)   823,000    58,652,187 
Lealea Enterprise Co. Ltd.(a)   142,000    55,101 
Lien Hwa Industrial Holdings Corp.(c)   7,981,427    16,463,850 
Lite-On Technology Corp.   18,255,238    39,468,327 
Longchen Paper & Packaging Co. Ltd.(c)   6,971,720    6,010,100 
Lotes Co. Ltd.(c)   586,848    14,466,118 
Lotus Pharmaceutical Co. Ltd.(c)   863,000    3,457,738 
Macronix International Co. Ltd.(c)   15,161,554    22,987,297 
Makalot Industrial Co. Ltd.(c)   1,654,510    13,807,251 
Marketech International Corp.(c)   1,019,000    5,523,929 
MediaTek Inc.(c)   12,999,572    471,242,613 
Medigen Vaccine Biologics Corp.(a)   1,268,000    10,990,595 
Mega Financial Holding Co. Ltd.(c)   90,668,958    111,419,055 
Mercuries Life Insurance Co. Ltd.(a)   15,226,158    5,078,884 
Merida Industry Co. Ltd.(c)   1,703,850    18,297,950 
Merry Electronics Co. Ltd.(c)   1,755,751    5,766,329 
Microbio Co. Ltd.(a)(c)   3,221,928    7,532,066 
Micro-Star International Co. Ltd.(c)   5,834,000    34,138,252 
Mitac Holdings Corp.(c)   8,549,053    9,836,407 
momo.com Inc.   400,400    25,577,452 
Nan Kang Rubber Tire Co. Ltd.(c)   4,358,000    6,047,473 
Nan Pao Resins Chemical Co. Ltd.(c)   432,000    2,236,018 
Nan Ya Plastics Corp.   44,738,440    132,549,134 
Nan Ya Printed Circuit Board Corp.(c)   1,952,000    43,603,266 
Nantex Industry Co. Ltd.(c)   2,527,000    7,674,704 
Nanya Technology Corp.   9,826,000    26,115,734 
Nien Made Enterprise Co. Ltd.   1,290,000    17,573,100 
Novatek Microelectronics Corp.(c)   4,939,000    82,241,121 
Nuvoton Technology Corp.(c)   1,654,000    9,191,112 
OBI Pharma Inc.(a)(c)   1,303,258    5,029,243 
Oneness Biotech Co. Ltd.(a)(c)   1,931,000    20,661,134 
Oriental Union Chemical Corp.(a)(c)   6,694,000    5,427,190 
Pan Jit International Inc.(c)   2,632,200    10,397,980 
Pan-International Industrial Corp.(c)   5,207,366    7,235,374 
Parade Technologies Ltd.   664,000    50,582,395 
PChome Online Inc.(c)   838,000    4,083,835 
Pegatron Corp.(c)   16,076,000    38,418,478 
Pharmally International Holding Co. Ltd.(d)   597,543     
Phison Electronics Corp.   1,221,000    18,122,953 
Pixart Imaging Inc.(c)   1,267,000    6,979,563 
Pou Chen Corp.(c)   18,565,000    21,332,001 
Powertech Technology Inc.   5,363,000    19,055,319 
Poya International Co. Ltd.(c)   467,050    8,180,452 
President Chain Store Corp.   4,722,000    45,693,722 
President Securities Corp.(c)   9,540,603    8,068,486 
Primax Electronics Ltd.(c)   3,890,000    7,350,861 
Prince Housing & Development Corp.(c)   12,936,995    6,121,557 
Qisda Corp.(c)   13,613,000    14,363,963 
Quanta Computer Inc.(c)   22,788,000    70,207,927 
Radiant Opto-Electronics Corp.(c)   3,142,000    10,832,640 


 21

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
RDC Semiconductor Co. Ltd.(a)(c)   521,000   $9,404,411 
Realtek Semiconductor Corp.(c)   3,979,110    78,941,789 
Rexon Industrial Corp. Ltd.(c)   1,210,000    2,773,742 
RichWave Technology Corp.(c)   814,200    8,017,224 
Ritek Corp.(a)   164,001    52,296 
Ruentex Development Co. Ltd.(c)   10,215,120    23,493,116 
Ruentex Industries Ltd.(c)   3,981,225    14,211,618 
Sanyang Motor Co. Ltd.(c)   4,999,000    4,658,453 
ScinoPharm Taiwan Ltd.(c)   2,791,027    2,389,054 
SDI Corp.(c)   1,430,000    8,357,649 
Sensortek Technology Corp.(c)   271,000    4,860,875 
Sercomm Corp.(c)   2,381,000    5,617,391 
Shanghai Commercial & Savings Bank Ltd. (The)(c)   29,769,346    49,521,028 
Shin Kong Financial Holding Co. Ltd.(c)   93,342,255    35,357,567 
Shin Zu Shing Co. Ltd.(c)   1,565,904    5,290,734 
Shining Building Business Co. Ltd.(a)   54,000    20,761 
Shinkong Synthetic Fibers Corp.(c)   13,697,000    9,497,128 
Sigurd Microelectronics Corp.(c)   5,192,700    11,013,069 
Simplo Technology Co. Ltd.(c)   1,309,400    15,420,259 
Sinbon Electronics Co. Ltd.(c)   1,964,809    18,005,411 
Sino-American Silicon Products Inc.   4,403,000    32,679,480 
SinoPac Financial Holdings Co. Ltd.   88,959,660    48,809,781 
Sinyi Realty Inc.(c)   4,557,704    5,318,721 
Sitronix Technology Corp.(c)   1,016,000    10,242,021 
Soft-World International Corp.   905,000    3,080,261 
Solar Applied Materials Technology Corp.(c)   4,358,710    7,673,104 
Sonix Technology Co. Ltd.(c)   1,454,000    4,815,191 
Sporton International Inc.   757,050    5,713,801 
St. Shine Optical Co. Ltd.(c)   428,000    4,603,941 
Standard Foods Corp.(c)   4,069,096    7,445,566 
Sunny Friend Environmental Technology Co. Ltd.(c)   627,000    4,478,339 
Sunplus Technology Co. Ltd.   4,066,000    6,083,389 
Supreme Electronics Co. Ltd.   4,836,512    7,778,462 
Synnex Technology International Corp.   11,355,250    23,765,331 
Systex Corp.(c)   1,588,000    4,877,805 
TA Chen Stainless Pipe(c)   11,980,466    19,728,790 
Taichung Commercial Bank Co. Ltd.(c)   25,051,685    10,700,255 
TaiDoc Technology Corp.(c)   523,000    3,244,709 
Taigen Biopharmaceuticals Holdings Ltd.(a)(c)   2,920,000    1,542,518 
TaiMed Biologics Inc.(a)(c)   1,660,000    4,126,810 
Tainan Spinning Co. Ltd.(c)   12,037,894    9,793,164 
Taishin Financial Holding Co. Ltd.(c)   88,817,681    59,307,441 
Taiwan Business Bank.   42,899,853    14,793,780 
Taiwan Cement Corp.(c)   41,587,574    68,652,225 
Taiwan Cogeneration Corp.(c)   5,037,000    6,908,066 
Taiwan Cooperative Financial Holding Co. Ltd.   79,639,953    67,887,603 
Taiwan Fertilizer Co. Ltd.(c)   6,716,000    16,430,434 
Taiwan Glass Industry Corp.(c)   10,037,053    9,545,603 
Taiwan High Speed Rail Corp.   14,431,000    15,377,873 
Taiwan Hon Chuan Enterprise Co. Ltd.(c)   3,545,674    8,521,860 
Taiwan Mask Corp.(c)   2,025,000    7,330,718 
Taiwan Mobile Co. Ltd.   12,936,000    45,103,871 
Taiwan Paiho Ltd.(c)   2,664,000    7,437,016 
Taiwan Secom Co. Ltd.(c)   2,605,185    9,780,311 
Taiwan Semiconductor Co. Ltd.(c)   2,264,000    6,225,887 
Taiwan Semiconductor Manufacturing Co. Ltd.   212,900,000    4,528,101,168 
Taiwan Shin Kong Security Co. Ltd.(c)   5,721,577    8,169,115 
Taiwan Styrene Monomer   371,000    225,379 
Security   Shares    Value 
           
Taiwan (continued)          
Taiwan Surface Mounting Technology Corp.   2,261,000   $9,485,117 
Taiwan TEA Corp.(a)(c)   8,944,000    6,201,123 
Taiwan Union Technology Corp.(c)   2,272,000    8,267,618 
Tanvex BioPharma Inc.(a)   1,569,950    2,953,061 
Tatung Co. Ltd.(a)   15,065,000    19,288,748 
TCI Co. Ltd.(c)   892,444    6,643,632 
Teco Electric and Machinery Co. Ltd.(c)   15,216,000    16,834,752 
Test Research Inc.(c)   1,952,400    4,039,801 
Test Rite International Co. Ltd.   389,000    287,057 
Thinking Electronic Industrial Co. Ltd.(c)   800,000    4,308,813 
Ton Yi Industrial Corp.(c)   10,871,000    5,049,243 
Tong Hsing Electronic Industries Ltd.(c)   1,289,762    14,127,886 
Tong Yang Industry Co. Ltd.(c)   4,703,400    5,520,674 
Topco Scientific Co. Ltd.   1,921,639    10,065,978 
TPK Holding Co. Ltd.(c)   3,112,000    4,415,352 
Transcend Information Inc.(c)   2,444,000    6,072,115 
Tripod Technology Corp.(c)   3,237,000    14,496,080 
TSEC Corp.(a)(c)   3,994,000    5,170,601 
TSRC Corp.   6,655,900    7,815,132 
TTY Biopharm Co. Ltd.(c)   2,187,124    5,346,333 
Tung Ho Steel Enterprise Corp.   8,068,000    12,289,634 
Tung Thih Electronic Co. Ltd.(c)   637,000    4,169,963 
TXC Corp.(c)   2,551,000    9,643,911 
U-Ming Marine Transport Corp.   4,392,000    8,511,220 
Unimicron Technology Corp.(c)   10,425,000    85,130,540 
Union Bank of Taiwan(a)(c)   10,904,860    4,948,574 
Uni-President Enterprises Corp.   39,880,369    93,515,090 
United Integrated Services Co. Ltd.(c)   1,262,400    8,072,244 
United Microelectronics Corp.(c)   101,727,000    232,882,063 
United Renewable Energy Co. Ltd.(a)   13,054,238    9,922,982 
Universal Vision Biotechnology Co. Ltd.(c)   388,000    3,945,737 
UPC Technology Corp.(c)   9,340,365    7,078,415 
USI Corp.(c)   8,980,300    10,051,812 
Vanguard International Semiconductor Corp.(c)   7,722,000    43,021,047 
VIA Labs Inc.   203,000    4,044,741 
Via Technologies Inc.   1,698,000    5,392,415 
Visual Photonics Epitaxy Co. Ltd.(c)   1,412,000    7,716,202 
Voltronic Power Technology Corp.   510,493    29,102,685 
Wafer Works Corp.(c)   4,769,839    14,034,224 
Wah Lee Industrial Corp.(c)   2,503,580    8,132,688 
Walsin Lihwa Corp.(c)   21,198,000    19,915,233 
Walsin Technology Corp.   2,580,597    16,021,051 
Wan Hai Lines Ltd.   5,373,800    30,188,969 
Win Semiconductors Corp.(c)   2,880,427    37,468,913 
Winbond Electronics Corp.(c)   25,449,480    29,263,781 
Wisdom Marine Lines Co. Ltd.(c)   3,704,000    9,740,912 
Wistron Corp.(c)   22,333,004    22,945,337 
Wistron NeWeb Corp.(c)   2,986,654    7,931,231 
Wiwynn Corp.(c)   647,000    24,288,329 
WPG Holdings Ltd.(c)   12,329,200    22,224,588 
WT Microelectronics Co. Ltd.(c)   4,471,734    10,189,043 
XinTec Inc.(c)   1,576,000    7,810,967 
XPEC Entertainment Inc.(d)   31,000     
Xxentria Technology Materials Corp.(c)   1,636,000    3,956,135 
Yageo Corp.(c)   3,220,454    52,605,582 
Yang Ming Marine Transport Corp.(a)   14,962,677    61,442,162 
YFY Inc.(c)   11,230,000    13,872,216 
Yieh Phui Enterprise Co. Ltd.(a)(c)   10,417,026    8,916,457 
Yuanta Financial Holding Co. Ltd.   82,260,388    69,891,821 
Yulon Finance Corp.(c)   1,951,658    11,803,685 


22

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
Yulon Motor Co. Ltd.(c)   5,665,088   $8,304,180 
YungShin Global Holding Corp.   3,388,650    5,272,993 
Zhen Ding Technology Holding Ltd.(c)   4,869,950    17,074,145 
         12,298,861,640 
Thailand — 1.9%          
Advanced Info Service PCL, NVDR   9,822,800    59,957,536 
Airports of Thailand PCL, NVDR   36,835,400    65,237,614 
Amata Corp. PCL, NVDR(c)   12,953,530    7,446,399 
AP Thailand PCL, NVDR   34,090,090    8,792,927 
Asset World Corp. PCL, NVDR(a)   59,844,700    7,569,314 
B Grimm Power PCL, NVDR(c)   8,152,400    9,539,259 
Bangchak Corp. PCL, NVDR(c)   13,539,400    9,689,617 
Bangkok Airways PCL, NVDR(a)(c)   15,566,500    4,454,680 
Bangkok Chain Hospital PCL, NVDR   21,107,850    13,359,564 
Bangkok Commercial Asset Management PCL, NVDR   16,218,400    9,423,030 
Bangkok Dusit Medical Services PCL, NVDR   82,936,900    54,794,494 
Bangkok Expressway & Metro PCL, NVDR(c)   66,224,585    16,596,043 
Bangkok Land PCL, NVDR(c)   165,200,400    5,147,575 
Banpu PCL, NVDR   43,189,500    13,199,364 
BCPG PCL, NVDR(c)   12,023,925    4,446,239 
Berli Jucker PCL, NVDR   10,311,700    10,083,799 
BTS Group Holdings PCL, NVDR(c)   71,810,100    19,577,853 
Bumrungrad Hospital PCL, NVDR(c)   3,824,600    16,287,168 
Carabao Group PCL, NVDR(c)   2,668,200    8,955,448 
Central Pattana PCL, NVDR(c)   18,182,500    28,034,792 
Central Retail Corp. PCL, NVDR(c)   16,510,617    15,665,824 
CH Karnchang PCL, NVDR   12,899,600    8,106,094 
Charoen Pokphand Foods PCL, NVDR(c)   31,638,700    22,302,931 
Chularat Hospital PCL, NVDR(c)   74,744,200    8,585,470 
CK Power PCL, NVDR(c)   27,078,700    3,912,930 
Com7 PCL, NVDR(c)   4,285,300    9,834,894 
CP ALL PCL, NVDR   49,843,000    86,344,913 
Delta Electronics Thailand PCL, NVDR(c)   2,758,600    36,630,137 
Dynasty Ceramic PCL, NVDR(c)   70,768,520    5,754,307 
Eastern Polymer Group PCL, NVDR(c)   15,353,800    5,053,505 
Electricity Generating PCL, NVDR   2,099,700    10,324,057 
Energy Absolute PCL, NVDR   13,488,500    32,763,872 
Esso Thailand PCL, NVDR(a)(c)   19,705,800    4,218,011 
GFPT PCL, NVDR   9,765,400    3,390,613 
Global Power Synergy PCL, NVDR(c)   6,106,100    13,284,151 
Gulf Energy Development PCL, NVDR   25,671,144    29,852,842 
Gunkul Engineering PCL, NVDR(c)   59,171,141    7,949,070 
Hana Microelectronics PCL, NVDR(c)   5,367,900    14,875,265 
Home Product Center PCL, NVDR(c)   54,449,875    21,959,512 
Indorama Ventures PCL, NVDR(c)   15,494,400    17,990,078 
Intouch Holdings PCL, NVDR   11,832,725    25,530,481 
IRPC PCL, NVDR   98,687,400    10,899,338 
Jasmine International PCL, NVDR(c)   67,512,000    5,715,649 
JMT Network Services PCL, NVDR   4,633,500    8,078,288 
KCE Electronics PCL, NVDR(c)   7,586,700    20,664,596 
Khon Kaen Sugar Industry PCL, NVDR(a)(c)   26,009,886    2,701,524 
Kiatnakin Phatra Bank PCL, NVDR   3,754,300    6,361,424 
Krung Thai Bank PCL, NVDR   28,999,800    9,695,127 
Krungthai Card PCL, NVDR(c)   7,439,900    11,799,237 
Land & Houses PCL, NVDR   62,998,800    15,573,030 
Major Cineplex Group PCL, NVDR(c)   10,156,100    5,545,582 
MBK PCL, NVDR(a)(c)   11,305,200    4,425,923 
Mega Lifesciences PCL, NVDR   5,268,100    8,258,978 
Minor International PCL, NVDR(a)   28,936,260    23,350,424 
Security   Shares    Value 
           
Thailand (continued)          
Muangthai Capital PCL, NVDR(c)   6,704,000   $11,115,837 
Ngern Tid Lor PCL, NVDR(a)   9,084,500    9,705,230 
Origin Property PCL, NVDR   16,798,100    5,228,036 
Osotspa PCL, NVDR(c)   8,411,800    7,970,269 
Plan B Media PCL, NVDR(c)   27,366,100    5,275,172 
Precious Shipping PCL, NVDR(c)   8,428,700    3,918,859 
Prima Marine PCL, NVDR(c)   15,117,100    2,711,097 
PTG Energy PCL, NVDR(c)   11,192,300    4,769,128 
PTT Exploration & Production PCL, NVDR   11,440,601    38,309,142 
PTT Global Chemical PCL, NVDR   20,112,100    33,444,278 
PTT Oil & Retail Business PCL, NVDR   27,053,300    20,032,789 
PTT PCL, NVDR   85,965,400    90,126,138 
Quality Houses PCL, NVDR   115,355,217    7,599,631 
Ratch Group PCL, NVDR(c)   6,992,200    8,957,741 
Ratchthani Leasing PCL, NVDR(c)   33,415,825    3,965,922 
Regional Container Lines PCL, NVDR(c)   3,543,800    4,271,210 
RS PCL, NVDR(a)(c)   6,752,300    4,223,508 
SCG Packaging PCL, NVDR   11,312,200    20,751,512 
Siam Cement PCL (The), NVDR   6,603,400    72,794,388 
Siam Commercial Bank PCL (The), NVDR(c)   6,926,200    25,004,270 
Siamgas & Petrochemicals PCL, NVDR   12,291,700    4,549,374 
Singha Estate PCL, NVDR(a)(c)   54,312,000    2,924,667 
Sino-Thai Engineering & Construction PCL, NVDR(c)   12,915,728    5,050,476 
Sri Trang Agro-Industry PCL, NVDR   8,436,960    7,424,827 
Sri Trang Gloves Thailand PCL, NVDR(c)   8,726,300    7,768,796 
Srisawad Corp. PCL, NVDR(c)   6,755,449    11,996,619 
Supalai PCL, NVDR   15,599,800    9,648,096 
Super Energy Corp. PCL, NVDR(c)   195,801,800    5,467,604 
Thai Oil PCL, NVDR   9,827,600    13,483,868 
Thai Union Group PCL, NVDR   23,625,700    13,811,894 
Thai Vegetable Oil PCL, NVDR(c)   6,133,100    5,457,479 
Thanachart Capital PCL, NVDR   3,711,200    3,874,234 
Thonburi Healthcare Group PCL, NVDR(c)   7,499,400    7,566,722 
Thoresen Thai Agencies PCL, NVDR(c)   15,133,200    4,109,171 
TPI Polene PCL, NVDR(c)   71,694,300    3,532,955 
True Corp. PCL, NVDR(c)   105,349,111    14,092,689 
TTW PCL, NVDR(c)   25,105,600    8,470,189 
WHA Corp. PCL, NVDR   92,824,400    9,008,106 
         1,408,402,715 
           
Turkey — 0.3%          
Akbank TAS   25,153,302    11,981,044 
Aksa Akrilik Kimya Sanayii AS   2,184,128    4,331,482 
Anadolu Efes Biracilik Ve Malt Sanayii AS   2,171,870    3,982,535 
Aselsan Elektronik Sanayi Ve Ticaret AS   5,159,943    8,195,143 
Bera Holding AS(a)(c)   2,996,383    2,329,116 
BIM Birlesik Magazalar AS(c)   3,963,265    20,093,919 
Coca-Cola Icecek AS   917,079    5,869,507 
Dogan Sirketler Grubu Holding AS(c)   12,224,907    2,741,802 
Emlak Konut Gayrimenkul Yatirim Ortakligi AS   22,389,693    3,663,939 
Enerjisa Enerji AS(b)   2,655,931    2,549,554 
Eregli Demir ve Celik Fabrikalari TAS   12,389,501    20,401,392 
Ford Otomotiv Sanayi AS   650,542    11,691,292 
Gubre Fabrikalari TAS(a)(c)   580,421    3,349,826 
Haci Omer Sabanci Holding AS(c)   8,100,431    7,538,984 
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D(a)(c)   10,143,506    6,335,870 
KOC Holding AS   6,149,114    12,820,902 
Koza Altin Isletmeleri AS(a)(c)   402,999    3,741,486 
Koza Anadolu Metal Madencilik Isletmeleri AS(a)   2,726,924    3,953,553 


 23

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Turkey (continued)          
Mavi Giyim Sanayi Ve Ticaret AS, Class B(b)   396,448   $2,086,069 
Migros Ticaret AS(a)(c)   1,156,840    3,524,928 
MLP Saglik Hizmetleri AS(a)(b)   864,455    2,036,055 
Pegasus Hava Tasimaciligi AS(a)(c)   426,667    2,742,987 
Petkim Petrokimya Holding AS(a)(c)   13,767,689    7,845,267 
Sok Marketler Ticaret AS   2,260,891    2,342,113 
TAV Havalimanlari Holding AS(a)(c)   1,953,348    3,832,990 
Tekfen Holding AS   2,233,554    3,069,155 
Tofas Turk Otomobil Fabrikasi AS   338,422    2,127,461 
Turk Hava Yollari AO(a)(c)   5,870,609    7,540,735 
Turkcell Iletisim Hizmetleri AS   10,069,503    14,085,939 
Turkiye Garanti Bankasi AS   18,579,539    15,500,764 
Turkiye Is Bankasi AS, Class C   14,721,810    7,059,283 
Turkiye Petrol Rafinerileri AS(a)   1,051,011    11,505,316 
Turkiye Sinai Kalkinma Bankasi AS(c)   14,884,069    1,609,294 
Turkiye Sise ve Cam Fabrikalari AS   11,662,442    10,692,649 
Ulker Biskuvi Sanayi AS(c)   2,007,652    2,971,529 
Yapi ve Kredi Bankasi AS(c)   28,810,663    6,672,131 
         242,816,011 
           
United Arab Emirates — 1.1%          
Abu Dhabi Commercial Bank PJSC   24,364,401    56,311,536 
Abu Dhabi Islamic Bank PJSC   11,498,383    20,285,187 
Abu Dhabi National Oil Co. for Distribution PJSC   21,907,552    24,692,294 
Air Arabia PJSC(a)   27,117,740    10,705,051 
Al Yah Satellite Communications Co.(a)   8,379,137    6,318,970 
Aldar Properties PJSC   33,803,645    36,949,259 
Amanat Holdings PJSC(a)   21,414,995    6,669,438 
Aramex PJSC   8,089,833    8,551,415 
DAMAC Properties Dubai Co. PJSC(a)   16,498,239    6,288,295 
Dana Gas PJSC   43,399,635    12,459,574 
Dubai Financial Market PJSC(a)   16,096,984    10,521,277 
Dubai Investments PJSC   20,663,632    10,639,653 
Dubai Islamic Bank PJSC   19,722,176    27,651,617 
Emaar Development PJSC(a)   6,473,920    8,060,891 
Emaar Properties PJSC   32,277,615    41,199,597 
Emirates NBD Bank PJSC   22,681,499    81,541,517 
Emirates Telecommunications Group Co. PJSC   26,494,985    230,408,450 
First Abu Dhabi Bank PJSC   37,761,366    196,677,296 
         795,931,317 
Total Common Stocks — 97.7%          
(Cost: $59,010,019,671)        74,525,184,965 
           
Preferred Stocks          
           
Brazil — 1.1%          
Alpargatas SA, Preference Shares, NVS   1,687,797    11,735,636 
Azul SA, Preference Shares, NVS(a)   2,550,423    10,606,631 
Banco ABC Brasil SA, Preference Shares, NVS   1,299,194    3,912,476 
Banco Bradesco SA, Preference Shares, NVS   41,403,609    146,632,488 
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS   2,195,322    3,944,031 
Banco Pan SA, Preference Shares, NVS   3,023,512    6,055,790 
Bradespar SA, Preference Shares, NVS   2,277,924    20,158,261 
Braskem SA, Class A, Preference Shares, NVS(a)   1,639,556    14,596,579 
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS   2,155,177    12,286,600 
Cia. de Saneamento do Parana, Preference Shares, NVS   2,821,292    1,907,007 
Security   Shares    Value 
           
Brazil (continued)          
Cia. Energetica de Minas Gerais, Preference Shares, NVS   8,388,088   $19,605,553 
Cia. Energetica de Sao Paulo, Class B, Preference Shares, NVS   1,940,190    8,203,406 
Cia. Paranaense de Energia, Preference Shares, NVS   8,408,207    9,183,168 
Gerdau SA, Preference Shares, NVS   9,946,099    45,645,002 
Gol Linhas Aereas Inteligentes SA, Preference Shares, NVS(a)   2,008,001    5,714,848 
Itau Unibanco Holding SA, Preference Shares, NVS   41,680,130    165,924,262 
Itausa SA, Preference Shares, NVS   38,485,174    66,197,361 
Lojas Americanas SA, Preference Shares, NVS   8,988,496    8,745,711 
Marcopolo SA, Preference Shares, NVS   5,942,749    2,716,697 
Metalurgica Gerdau SA, Preference Shares, NVS   7,132,421    13,511,617 
Petroleo Brasileiro SA, Preference Shares, NVS   40,942,094    214,329,060 
Randon SA Implementos e Participacoes, Preference Shares, NVS   2,310,265    4,549,149 
Unipar Carbocloro SA, Class B, Preference Shares, NVS   570,436    9,039,754 
         805,201,087 
           
Chile — 0.1%          
Embotelladora Andina SA, Class B, Preference Shares, NVS   4,370,072    8,979,148 
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS   1,198,770    75,474,376 
         84,453,524 
           
Colombia — 0.1%          
Bancolombia SA, Preference Shares, NVS   4,118,678    33,403,046 
           
Russia — 0.0%          
Surgutneftegas PJSC, Preference Shares, NVS   60,931,677    30,823,451 
           
South Korea — 0.6%          
Hyundai Motor Co.          
Preference Shares, NVS   186,747    14,258,698 
Series 2, Preference Shares, NVS   307,955    23,983,469 
LG Chem Ltd., Preference Shares, NVS   66,936    18,243,087 
LG Household & Health Care Ltd., Preference Shares, NVS   17,118    8,573,562 
Samsung Electronics Co. Ltd., Preference Shares, NVS   7,118,270    383,859,638 
         448,918,454 
           
Total Preferred Stocks — 1.9%          
(Cost: $1,378,859,078)        1,402,799,562 
           
Rights          
           
Cayman Islands — 0.0%          
CIFI Holdings Group Co. Ltd. (Expires 12/20/21)(a)   1,398,500    44,835 
           
India — 0.0%          
Indian Hotels Co. Ltd. (The) (Expires 12/08/21)(a)   739,659    307,074 
           
Kuwait — 0.0%          
Warba Bank KSCP (Expires 12/12/21)(a)   2,826,180    719,391 
           
South Korea — 0.0%          
Enzychem Lifesciences Corp. (Expires 12/17/21)(a)(c)   44,614     


24

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Hyundai Doosan Infracore Co. Ltd. (Expires 12/09/21)(a)(c)   560,311   $400,930 
         400,930 
Thailand — 0.0%          
Charoen Pokphand Foods PCL (Expires 12/31/21)(a)   479,621     
CP All PCL (Expires 12/31/21)(a)   3,350,280    1 
Origin Property PCL (Expires 12/08/21)(a)   236,473     
Plan B Media PCL (Expires 12/22/21)(a)   2,189,288    97,453 
         97,454 
           
Total Rights — 0.0%          
(Cost: $2,218,615)       1,569,684 
           
Warrants          
           
Thailand — 0.0%          
BTS Group Holdings PCL (Expires 11/20/26)(a)   14,876,540    4 
BTS Group Holdings PCL (Expires 11/07/24)(a)   7,438,270    112,576 
MBK PCL (Expires 10/27/22)(a)   442,776    134,025 
         246,605 
           
Total Warrants — 0.0%          
(Cost: $0)       246,605 
           
Short-Term Investments          
           
Money Market Funds — 4.8%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(g)(h)(i)   3,511,090,415    3,512,494,851 
Security   Shares    Value 
           
Money Market Funds (continued)          
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(g)(h)   199,080,000   $199,080,000 
         3,711,574,851 
Total Short-Term Investments — 4.8%          
(Cost: $3,711,004,718)        3,711,574,851 
           
Total Investments in Securities — 104.4%          
(Cost: $64,102,102,082)        79,641,375,667 
           
Other Assets, Less Liabilities — (4.4)%        (3,391,150,254)
           
Net Assets — 100.0%       $76,250,225,413 

 

(a)Non-income producing security.

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

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

(d)Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(e)This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

(f)Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $1,802,699, representing less than 0.05% of its net assets as of period end, and an original cost of $35,983,750.

(g)Affiliate of the Fund.

(h)Annualized 7-day yield as of period end.

(i)All or a portion of this security was purchased with the cash collateral from loaned securities.


Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at 08/31/21    Purchases
at Cost
   Proceeds
from Sales
   Net Realized Gain (Loss)   Change in Unrealized Appreciation (Depreciation)   Value at
11/30/21
   Shares
Held at
11/30/21
   Income   Capital
Gain Distributions from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares  $3,768,443,333    $   $(255,586,192)(a) $(39,542)  $(322,748)  $3,512,494,851    3,511,090,415   $21,924,019(b)   $  
BlackRock Cash Funds: Treasury, SL Agency Shares   179,420,000     19,660,000(a)               199,080,000    199,080,000    4,253      
                   $(39,542)  $(322,748)  $3,711,574,851        $21,928,272   $  

 

(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.

 

 25

 

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
November 30, 2021  

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

 

Description  Number of
Contracts
   Expiration
Date
  Notional
Amount
(000)
   Value/
Unrealized
Appreciation
(Depreciation)
 
Long Contracts                  
MSCI Emerging Markets Index   2,979   12/17/21  $180,572   $(5,153,055)

 

Fair Value Measurements

 

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 

Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments).

 

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

 

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

   Level 1   Level 2   Level 3   Total 
                 
Investments                
Assets                
Common Stocks  $13,864,312,824   $60,643,511,418   $17,360,723   $74,525,184,965 
Preferred Stocks   847,583,281    555,216,281        1,402,799,562 
Rights   1,427,395    142,289        1,569,684 
Warrants   112,576    134,029        246,605 
Money Market Funds   3,711,574,851            3,711,574,851 
   $18,425,010,927   $61,199,004,017   $17,360,723   $79,641,375,667 
Derivative financial instruments(a)                    
Liabilities                    
Futures Contracts  $(5,153,055)  $   $   $(5,153,055)

 

(a)Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

Portfolio Abbreviations - Equity

 

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


26