Schedule of Investments (unaudited)	iShares^®ESG Aware MSCI EM ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Common Stocks

Brazil — 2.5%
B3 SA - Brasil, Bolsa, Balcao		13,399,325	$	26,479,985
Banco do Brasil SA		5,179,730		29,336,002
Banco Santander Brasil SA		3,337,509		19,567,277
Cosan SA		3,348,943		12,658,651
Energisa SA.		880,764		7,126,827
Localiza Rent a Car SA		2,195,696		19,961,761
Lojas Renner SA		2,148,045		10,870,422
Natura & Co. Holding SA^(a)		2,642,083		12,543,415
Telefonica Brasil SA		1,279,300		11,443,919
Ultrapar Participacoes SA		4,120,582		10,576,589
XP Inc.^(a)		—		13
				160,564,861
Chile — 0.6%
Banco de Chile		74,402,799		7,194,106
Banco Santander Chile		152,182,353		6,792,183
Enel Americas SA		191,605,014		24,688,020
				38,674,309
China — 31.8%
360 Security Technology Inc., Class A^(a)		3,982,492		7,476,004
3SBio Inc.^(a)(b)		8,321,000		7,117,347
AAC Technologies Holdings Inc.		3,010,000		13,146,661
Agricultural Bank of China Ltd., Class H		20,734,000		6,847,873
Akeso Inc.^(a)(b)		2,091,000		13,300,026
Alibaba Group Holding Ltd.^(a)		12,250,068		195,605,334
Alibaba Health Information Technology Ltd.^(a)		5,632,000		5,180,048
ANTA Sports Products Ltd.		388,600		6,205,449
Baidu Inc., ADR^(a)(c)		202,431		30,332,261
BeiGene Ltd., ADR^(a)(c)		35,923		12,484,320
Bilibili Inc., ADR^(a)(c)		152,889		10,092,203
BYD Co. Ltd., Class A		251,655		12,064,716
BYD Co. Ltd., Class H		718,500		28,261,177
CanSino Biologics Inc., Class H^(a)(b)		324,800		7,131,021
China Baoan Group Co. Ltd., Class A.		2,471,700		6,883,412
China Construction Bank Corp., Class A		7,395,400		6,673,860
China Construction Bank Corp., Class H		87,990,000		57,334,817
China Eastern Airlines Corp. Ltd., Class A^(a)		8,906,838		6,511,006
China Everbright Environment Group Ltd.		12,068,666		7,982,574
China Feihe Ltd.^(b)		4,314,000		5,770,922
China Galaxy Securities Co. Ltd., Class A.		4,346,000		7,119,890
China Gas Holdings Ltd.		2,951,200		5,324,296
China International Capital Corp. Ltd., Class A		929,213		6,947,387
China International Capital Corp. Ltd., Class H^(b)		2,690,000		6,507,498
China Lesso Group Holdings Ltd.		10,483,000		15,223,679
China Medical System Holdings Ltd.		8,159,000		13,362,754
China Mengniu Dairy Co. Ltd.		1,137,000		6,372,423
China Merchants Bank Co. Ltd., Class A		1,775,600		13,786,812
China Merchants Bank Co. Ltd., Class H		4,318,500		33,455,134
China Molybdenum Co. Ltd., Class A		8,159,100		7,548,433
China Molybdenum Co. Ltd., Class H		21,633,000		13,271,579
China Resources Land Ltd.		4,466,000		18,657,674
China Resources Mixc Lifestyle Services Ltd.^(b)		1,366,400		6,741,823
China Vanke Co. Ltd., Class H		2,807,500		6,369,276
China Zheshang Bank Co. Ltd., Class A		347,900		187,256
Contemporary Amperex Technology Co. Ltd., Class A		183,801		19,619,817
COSCO SHIPPING Holdings Co. Ltd., Class H^(a)(c)		4,578,700		7,803,598
Country Garden Services Holdings Co. Ltd.		2,415,000		14,641,316
CSC Financial Co. Ltd., Class A		1,541,700		6,787,694
CSPC Pharmaceutical Group Ltd.		9,665,520		10,020,803

Security	Shares		Value

China (continued)
ENN Energy Holdings Ltd.		989,600	$	18,528,427
Everbright Securities Co. Ltd., Class A		97		220
Fosun International Ltd.		18,661,500		20,365,859
Fuyao Glass Industry Group Co. Ltd., Class H^(b)		1,550,800		8,511,072
Ganfeng Lithium Co. Ltd., Class A		416,350		11,077,935
GDS Holdings Ltd., ADR^(a)		133,075		7,457,523
Geely Automobile Holdings Ltd.		6,334,000		18,706,931
GEM Co. Ltd., Class A		4,133,717		7,344,695
Genscript Biotech Corp.^(a)		1,450,000		7,619,008
Great Wall Motor Co. Ltd., Class H		3,523,500		14,640,596
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		467,731		8,040,286
Haitong Securities Co. Ltd., Class A		2,906,711		5,397,802
HengTen Networks Group Ltd.^(a)(c)		25,172,000		10,598,041
Hopson Development Holdings Ltd.		2,941,840		7,118,400
Huatai Securities Co. Ltd., Class A		7,398,347		18,380,892
Huatai Securities Co. Ltd., Class H^(b)		5,533,800		7,928,800
Huaxia Bank Co. Ltd., Class A.		12,786,738		11,309,096
I-Mab, ADR^(a)		99,792		6,033,424
Industrial & Commercial Bank of China Ltd., Class H		25,597,000		13,526,301
Industrial Bank Co. Ltd., Class A.		3,788,868		10,686,692
JD Health International Inc.^(a)(b)		1,384,150		11,962,053
JD.com Inc., ADR^(a)		571,764		48,091,070
Jinxin Fertility Group Ltd.^(a)(b)		5,533,000		7,688,590
Jiumaojiu International Holdings Ltd.^(b)		2,822,000		5,855,342
KE Holdings Inc., ADR^(a)		295,279		5,908,533
Kingdee International Software Group Co. Ltd.^(a)		6,246,000		18,746,439
Lenovo Group Ltd.		21,240,000		21,749,951
Li Auto Inc., ADR^(a)(c)		775,475		27,482,834
Li Ning Co. Ltd.		1,590,500		17,989,491
Logan Group Co. Ltd.		11,142,000		10,759,074
Longfor Group Holdings Ltd.^(b)		1,368,000		6,490,895
LONGi Green Energy Technology Co. Ltd., Class A		662,300		9,172,726
Meituan, Class B^(a)(b)		3,911,200		118,878,150
Microport Scientific Corp.		1,704,900		7,085,847
Ming Yuan Cloud Group Holdings Ltd.		2,416,000		6,886,737
MMG Ltd.^(a)		22,216,000		8,046,104
NetEase Inc., ADR		385,754		41,557,278
NIO Inc., ADR^(a)		1,203,169		47,080,003
Orient Securities Co. Ltd., Class A		3,237,532		7,143,801
Pharmaron Beijing Co. Ltd., Class A		236,000		6,732,107
Pinduoduo Inc., ADR^(a)(c)		308,233		20,497,494
Ping An Healthcare and Technology Co. Ltd.^(a)(b)		1,896,300		7,149,425
Ping An Insurance Group Co. of China Ltd., Class A		864,197		6,540,222
Ping An Insurance Group Co. of China Ltd., Class H.		5,102,500		35,371,763
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		4,403,200		6,222,527
Shanghai Electric Group Co. Ltd., Class A		9,708,900		7,365,719
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		794,600		6,974,224
Shanghai Pharmaceuticals Holding Co. Ltd., Class H.		6,391,300		11,653,386
Shenzhen Inovance Technology Co. Ltd., Class A		648,872		6,709,389
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		116,300		6,547,618
Shenzhou International Group Holdings Ltd.		425,300		7,986,218
Sinopharm Group Co. Ltd., Class H		2,956,800		6,423,210
Sunac Services Holdings Ltd.^(a)(b)		4,067,000		6,429,649
Sungrow Power Supply Co. Ltd., Class A		673,067		17,066,577
Suning.com Co. Ltd., Class A^(a)		19,107		11,555
Sunny Optical Technology Group Co. Ltd.		913,400		27,512,342

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

China (continued)
SuZhou TA&A Ultra Clean Technology Co. Ltd., Class A		426,300	$	7,499,505
TCL Technology Group Corp., Class A		6,792,995		6,542,601
Tencent Holdings Ltd.		4,791,600		279,441,592
Tongcheng-Elong Holdings Ltd.^(a)		4,368,000		8,995,346
Topchoice Medical Corp., Class A^(a)		201,809		6,288,444
Trip.com Group Ltd., ADR^(a)(c)		228,888		6,294,420
Unisplendour Corp. Ltd., Class A		2,683,362		10,879,566
Venus MedTech Hangzhou Inc., Class H^(a)(b)		1,771,000		8,789,138
Vipshop Holdings Ltd., ADR^(a)		800,623		7,822,087
Wharf Holdings Ltd. (The)		1,934,000		6,758,335
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A		2,070,000		7,670,038
WuXi AppTec Co. Ltd., Class A		384,289		8,697,198
WuXi AppTec Co. Ltd., Class H^(b)		1,031,480		22,852,569
Wuxi Biologics Cayman Inc., New^(a)(b)		4,078,500		55,018,081
Xiaomi Corp., Class B^(a)(b)		7,029,200		17,484,792
Xinjiang Goldwind Science & Technology Co. Ltd., Class A		3,444,000		9,913,572
Xinjiang Goldwind Science & Technology Co. Ltd., Class H		2,998,336		6,571,568
Xinyi Solar Holdings Ltd.		7,978,000		14,670,639
XPeng Inc., ADR^(a)(c)		521,263		28,669,465
Yadea Group Holdings Ltd.^(b)		9,366,000		16,738,957
Yum China Holdings Inc.		244,144		12,231,614
Yunnan Baiyao Group Co. Ltd., Class A		558,000		7,747,679
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H		10,031,400		6,571,714
				2,059,339,436
Colombia — 0.1%
Bancolombia SA.		870,187		7,050,802

Czech Republic — 0.3%
Moneta Money Bank AS^(a)(b)		5,105,296		21,750,728

Greece — 0.4%
Alpha Services and Holdings SA^(a)		5,800,834		6,772,131
OPAP SA		1,329,998		18,452,208
				25,224,339
Hungary — 0.5%
MOL Hungarian Oil & Gas PLC		3,854,560		28,967,781

India — 12.1%
Adani Green Energy Ltd.^(a)		529,392		9,111,024
Adani Total Gas Ltd.		357,343		7,607,135
Asian Paints Ltd.		692,983		28,998,803
Axis Bank Ltd.^(a)		2,601,917		22,659,215
Axis Bank Ltd., GDR^(a)		135,734		6,026,590
Bajaj Finance Ltd.		191,781		17,863,970
Bandhan Bank Ltd.^(b)		1,932,058		6,989,712
Bharti Airtel Ltd.^(a)		1,331,594		12,904,495
Colgate-Palmolive India Ltd.		1,290,262		24,614,726
Dabur India Ltd.		5,049,689		39,974,776
Eicher Motors Ltd.		436,207		13,732,090
Havells India Ltd.		745,009		13,485,553
HCL Technologies Ltd.		1,694,490		25,665,354
HDFC Life Insurance Co. Ltd.^(b)		710,627		6,439,382
Hero MotoCorp Ltd.		267,847		8,737,598
Hindalco Industries Ltd.		2,869,100		15,742,556
Hindustan Unilever Ltd.		935,747		28,873,701

Security	Shares		Value

India (continued)
Housing Development Finance Corp. Ltd.		1,782,135	$	63,431,374
ICICI Bank Ltd.		4,695,620		44,385,165
Info Edge India Ltd.		159,866		12,350,886
Infosys Ltd.		3,017,959		68,646,474
Kotak Mahindra Bank Ltd.		679,109		17,736,906
Mahindra & Mahindra Ltd.		255,506		2,839,698
Mahindra & Mahindra Ltd, GDR		1,273,734		13,916,709
Marico Ltd.		1,207,652		8,655,123
Mphasis Ltd.		151,885		5,851,167
Nestle India Ltd.		93,796		23,891,472
Piramal Enterprises Ltd.		482,236		15,491,698
Reliance Industries Ltd.		1,794,790		57,386,759
Reliance Industries Ltd, GDR^(b)		107,960		6,898,644
Shriram Transport Finance Co Ltd.		312,093		5,847,469
State Bank of India		2,838,975		17,367,551
Tata Consultancy Services Ltd.		1,173,224		55,138,276
Tata Consumer Products Ltd.		1,142,286		11,845,726
Tata Motors Ltd. ^(a)		995,028		6,071,918
Titan Co Ltd		679,794		21,476,434
United Spirits Ltd. ^(a)		606,928		7,130,662
UPL Ltd.		762,401		6,925,911
Wipro Ltd.		2,200,661		18,548,304
				781,261,006
Indonesia — 1.5%
Bank Central Asia Tbk PT		72,079,100		36,625,406
Kalbe Farma Tbk PT		185,435,100		20,709,609
Telkom Indonesia Persero Tbk PT		99,513,100		27,706,988
Unilever Indonesia Tbk PT		43,421,800		13,604,839
				98,646,842
Kuwait — 0.3%
Kuwait Finance House KSCP		7,105,648		18,593,801

Malaysia — 2.6%
AMMB Holdings Bhd^(a)		8,828,700		6,624,407
Axiata Group Bhd		8,616,300		7,979,003
CIMB Group Holdings Bhd		6,651,500		8,172,696
DiGi Com Bhd		7,323,300		7,251,136
Hartalega Holdings Bhd		5,241,900		8,077,866
Malayan Banking Bhd		9,207,800		17,442,894
Maxis Bhd		18,454,200		20,458,270
Nestle Malaysia Bhd		871,900		27,641,206
Petronas Dagangan Bhd		4,253,500		20,098,457
Public Bank Bhd		26,405,800		24,703,515
RHB Bank Bhd		11,931,200		14,950,636
Sime Darby Plantation Bhd		7,123,500		6,232,062
Supermax Corp Bhd		381,461		170,283
				169,802,431
Mexico — 1.5%
Arca Continental SAB de CV		2,507,600		15,292,939
Cemex SAB de CV, NVS^(a)		13,457,800		8,347,382
Coca-Cola Femsa SAB de CV		1,295,600		6,363,047
Fomento Economico Mexicano SAB de CV		4,164,300		29,606,974
Grupo Financiero Banorte SAB de CV, Class O		4,491,700		26,840,225
Wal-Mart de Mexico SAB de CV		4,317,600		13,567,443
				100,018,010
Peru — 0.2%
Credicorp Ltd.		121,618		14,350,924

Philippines — 0.1%
Globe Telecom Inc.		98,980		6,447,402

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Poland — 0.6%
Allegro.eu SA^(a)(b)		680,878	$	6,525,799
Bank Polska Kasa Opieki SA		435,338		12,571,315
KGHM Polska Miedz SA		201,667		6,923,334
Polski Koncern Naftowy ORLEN SA		886,181		15,473,499
				41,493,947
Qatar — 0.9%
Commercial Bank PSQC (The)		6,468,259		11,554,873
Qatar National Bank QPSC		8,409,806		44,473,392
				56,028,265
Russia — 4.1%
Gazprom PJSC.		6,846,720		30,722,990
LUKOIL PJSC		687,566		60,577,899
Novatek PJSC, GDR.		159,800		34,860,402
Novolipetsk Steel PJSC		4,874,930		14,197,464
PhosAgro PJSC, GDR		712,416		15,715,897
Polymetal International PLC		1,741,449		32,590,893
Polyus PJSC		44,545		8,682,942
Rosneft Oil Co. PJSC		777,015		5,911,508
Sberbank of Russia PJSC.		9,990,080		42,627,470
TCS Group Holding PLC, GDR		117,761		11,493,969
Yandex NV, Class A^(a)		82,785		5,987,487
				263,368,921
Saudi Arabia — 2.2%
Al Rajhi Bank		773,049		27,161,878
Almarai Co. JSC.		483,405		6,165,617
Bank AlBilad^(a)		803,219		9,156,534
Dr Sulaiman Al Habib Medical Services Group Co.		372,949		16,306,285
Sahara International Petrochemical Co.		585,649		6,002,294
Saudi Arabian Mining Co.^(a)		584,216		11,134,301
Saudi Basic Industries Corp.		1,608,769		46,234,718
Saudi National Bank (The)		801,700		12,907,208
Savola Group (The)		1,067,996		8,842,590
				143,911,425
South Africa — 3.9%
Absa Group Ltd.		1,290,054		10,831,836
Aspen Pharmacare Holdings Ltd.		492,907		7,372,989
Bidvest Group Ltd. (The)		1,151,616		13,090,989
Clicks Group Ltd.		599,529		10,686,355
FirstRand Ltd.		2,271,282		7,942,914
Gold Fields Ltd.		941,133		10,832,431
Growthpoint Properties Ltd.		13,133,034		11,023,326
Impala Platinum Holdings Ltd.		811,906		10,168,617
Kumba Iron Ore Ltd.		781,023		22,111,478
MTN Group Ltd.^(a)		1,107,883		11,175,425
MultiChoice Group		989,923		7,656,110
Naspers Ltd., Class N.		192,489		29,750,654
Nedbank Group Ltd.		647,363		6,723,132
NEPI Rockcastle PLC.		1,803,743		11,187,630
Old Mutual Ltd.		26,127,470		19,959,054
Standard Bank Group Ltd.		1,516,636		12,319,034
Vodacom Group Ltd.		4,478,302		37,591,833
Woolworths Holdings Ltd.		3,491,500		11,285,160
				251,708,967
South Korea — 11.4%
Amorepacific Corp.		45,317		5,987,097
AMOREPACIFIC Group		330,745		11,480,792
CJ CheilJedang Corp.		49,375		14,715,816
Coway Co. Ltd.		224,817		12,827,188
Hankook Tire & Technology Co. Ltd.		192,007		6,225,448

Security	Shares		Value

South Korea (continued)
HMM Co. Ltd.^(a)		309,938	$	6,157,788
HYBE Co. Ltd.^(a)		19,580		6,008,006
Kakao Corp.		341,353		34,923,800
KB Financial Group Inc.		592,393		26,327,661
LG Chem Ltd.		43,719		25,610,229
LG Corp.		1		66
LG Display Co. Ltd.^(a)(c)		966,613		16,166,922
LG Electronics Inc.		138,333		13,464,297
LG Household & Health Care Ltd.		10,512		9,322,481
NAVER Corp.		219,863		70,191,693
NCSoft Corp.		10,527		6,010,043
POSCO		77,520		17,019,926
Samsung C&T Corp.		71,442		6,337,040
Samsung Electro-Mechanics Co. Ltd.		66,143		9,262,432
Samsung Electronics Co. Ltd.		4,188,280		251,406,570
Samsung Engineering Co. Ltd.^(a)		368,750		6,438,759
Samsung Fire & Marine Insurance Co. Ltd.		85,755		14,590,179
Samsung SDI Co. Ltd.		60,832		35,148,842
Samsung SDS Co. Ltd.		56,785		6,823,777
Samsung Securities Co. Ltd.		334,519		12,460,460
Shinhan Financial Group Co. Ltd.		1,266,745		36,838,620
SK Hynix Inc.		448,179		42,846,395
SK Inc.		87,677		19,093,656
SK Innovation Co. Ltd.^(a)		58,689		9,601,466
SK Telecom Co. Ltd.		131,787		6,034,400
				739,321,849
Taiwan — 16.7%
Acer Inc.		14,928,000		14,836,707
ASE Technology Holding Co. Ltd.		2,648,000		9,652,621
Asustek Computer Inc.		593,000		7,497,256
AU Optronics Corp.		9,427,000		6,791,030
Cathay Financial Holding Co. Ltd.		27,972,110		60,094,831
Chailease Holding Co. Ltd.		1,369,219		12,113,488
China Steel Corp.		14,678,000		17,124,435
CTBC Financial Holding Co. Ltd.		67,295,000		58,911,613
Delta Electronics Inc.		2,147,000		19,737,194
E.Sun Financial Holding Co. Ltd.		46,882,132		45,310,867
Evergreen Marine Corp. Taiwan Ltd.		2,978,000		13,190,115
First Financial Holding Co. Ltd.		52,483,689		43,588,751
Fubon Financial Holding Co. Ltd.		15,400,723		40,366,746
Hon Hai Precision Industry Co. Ltd.		4,267,000		15,810,974
Hotai Motor Co. Ltd.		467,000		10,168,784
Innolux Corp.		10,053,000		6,272,846
Lite-On Technology Corp.		4,060,039		8,777,916
MediaTek Inc.		1,275,000		46,219,547
Mega Financial Holding Co. Ltd.		10,262,000		12,610,516
momo.com Inc.		114,000		7,298,099
President Chain Store Corp.		3,053,000		29,543,188
Taishin Financial Holding Co. Ltd.		58,153,831		38,831,851
Taiwan Semiconductor Manufacturing Co. Ltd.		22,814,000		485,223,579
Unimicron Technology Corp.		986,000		8,085,310
United Microelectronics Corp.		10,446,000		23,913,868
Wistron Corp.		8,348,000		8,586,840
Yageo Corp.		846,000		13,819,270
Yang Ming Marine Transport Corp.^(a)		1,820,000		7,473,578
Yuanta Financial Holding Co. Ltd.		7,424,040		6,307,771
				1,078,159,591
Thailand — 2.2%
Asset World Corp. PCL, NVDR^(a)		48,618,100		6,149,344

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Thailand (continued)
Bangkok Dusit Medical Services PCL, NVDR		27,936,600	$	18,457,066
BTS Group Holdings PCL, NVDR^(c)		75,475,900		20,577,274
Delta Electronics Thailand PCL, NVDR		511,100		6,786,654
Energy Absolute PCL, NVDR		3,075,900		7,484,941
Home Product Center PCL, NVDR		14,400,900		5,807,851
Krungthai Card PCL, NVDR		4,047,400		6,425,874
Minor International PCL, NVDR^(a)		9,975,500		8,049,836
PTT Exploration & Production PCL, NVDR		2,546,900		8,528,359
PTT PCL, NVDR		21,261,000		22,290,035
Siam Cement PCL (The), NVDR		1,758,300		19,383,102
Siam Commercial Bank PCL (The), NVDR		2,713,400		9,795,644
				139,735,980
Turkey — 0.2%
Turkcell Iletisim Hizmetleri AS		7,199,604		10,071,319

United Arab Emirates — 1.6%
Abu Dhabi Commercial Bank PJSC		11,309,978		26,139,868
Abu Dhabi National Oil Co. for Distribution PJSC		8,106,671		9,137,137
Emirates Telecommunications Group Co. PJSC		2,692,222		23,410,626
First Abu Dhabi Bank PJSC		8,266,112		43,053,435
				101,741,066
Total Common Stocks — 98.3%
(Cost: $5,569,896,769)				6,356,234,002

Preferred Stocks

Brazil — 0.9%
Banco Bradesco SA, Preference Shares, NVS		8,163,488		28,911,309
Cia. Energetica de Minas Gerais, Preference Shares, NVS		6,895,693		16,117,365
Gerdau SA, Preference Shares, NVS		1,543,320		7,082,661
Itau Unibanco Holding SA, Preference Shares, NVS		1,649,180		6,565,214
				58,676,549
Colombia — 0.1%
Bancolombia SA, Preference Shares, NVS		1,136,379		9,216,190

South Korea — 0.8%
LG Household & Health Care Ltd., Preference Shares, NVS		12,402		6,211,551
Samsung Electronics Co. Ltd., Preference Shares, NVS		807,568		43,548,890
				49,760,441
Total Preferred Stocks — 1.8%
(Cost: $113,875,697)				117,653,180

Security	Shares		Value

Rights

Cayman Islands — 0.0%
CIFI Holdings Group Co. Ltd. (Expires 12/20/21)^(a)		479,300	$	15,366

Total Rights — 0.0%
(Cost: $0)				15,366

Warrants

Thailand — 0.0%
BTS Group Holdings PCL (Expires 11/20/26)^(a)(c)		17,186,020		5
BTS Group Holdings PCL (Expires 11/07/24)^(a)		8,593,010		130,053
				130,058
Total Warrants — 0.0%
(Cost: $0)				130,058

Short-Term Investments

Money Market Funds — 1.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%^(d)(e)(f)		86,318,938		86,353,466

Total Short-Term Investments — 1.3%
(Cost: $86,349,643)				86,353,466

Total Investments in Securities — 101.4%
(Cost: $5,770,122,109)				6,560,386,072

Other Assets, Less Liabilities — (1.4)%				(88,870,240	)

Net Assets — 100.0%			$	6,471,515,832

^(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)	Affiliate of the Fund.

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

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

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
November 30, 2021

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	$	41,185,570	$	45,173,801	^(a)	$	—		$	(2,022	)	$	(3,883	)	$	86,353,466		86,318,938	$	350,904	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares^(c)		6,140,000		—			(6,140,000	)^(a)		—			—			—		—		371			—
									$	(2,022	)	$	(3,883	)	$	86,353,466			$	351,275		$	—

^(a)	Represents net amount purchased (sold).

^(b)	All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

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

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	$	999,334,981	$	5,356,899,021	$	—	$	6,356,234,002
Preferred Stocks		67,892,739		49,760,441		—		117,653,180
Rights		—		15,366		—		15,366
Warrants		130,053		5		—		130,058
Money Market Funds		86,353,466		—		—		86,353,466
	$	1,153,711,239	$	5,406,674,833	$	—	$	6,560,386,072

Portfolio Abbreviations - Equity

ADR	American Depositary Receipt	NVS	Non-Voting Shares
GDR	Global Depositary Receipt	PJSC	Public Joint Stock Company
JSC	Joint Stock Company
NVDR	Non-Voting Depositary Receipt