| Schedule of Investments (unaudited) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Common Stocks | ||||||||
| Aerospace & Defense — 1.7% | ||||||||
| Boeing Co. (The)(a) | 3,584 | $ | 709,094 | |||||
| General Dynamics Corp. | 4,114 | 777,423 | ||||||
| HEICO Corp. | 2,168 | 300,311 | ||||||
| HEICO Corp., Class A | 3,650 | 453,330 | ||||||
| Howmet Aerospace Inc. | 26,008 | 731,605 | ||||||
| Huntington Ingalls Industries Inc. | 4,399 | 780,867 | ||||||
| L3Harris Technologies Inc. | 3,703 | 774,223 | ||||||
| Lockheed Martin Corp. | 2,381 | 793,635 | ||||||
| Northrop Grumman Corp. | 2,318 | 808,518 | ||||||
| Raytheon Technologies Corp. | 9,373 | 758,463 | ||||||
| Textron Inc. | 10,825 | 766,410 | ||||||
| TransDigm Group Inc.(a) | 1,233 | 712,736 | ||||||
| 8,366,615 | ||||||||
| Air Freight & Logistics — 0.7% | ||||||||
| CH Robinson Worldwide Inc. | 8,674 | 824,811 | ||||||
| Expeditors International of Washington Inc. | 6,388 | 776,908 | ||||||
| FedEx Corp. | 3,329 | 766,902 | ||||||
| United Parcel Service Inc., Class B | 3,926 | 778,801 | ||||||
| 3,147,422 | ||||||||
| Airlines — 0.3% | ||||||||
| Delta Air Lines Inc.(a) | 20,303 | 734,968 | ||||||
| Southwest Airlines Co.(a) | 17,567 | 779,975 | ||||||
| 1,514,943 | ||||||||
| Auto Components — 0.5% | ||||||||
| Aptiv PLC(a) | 4,621 | 740,977 | ||||||
| BorgWarner Inc. | 17,409 | 753,462 | ||||||
| Lear Corp. | 4,473 | 750,525 | ||||||
| 2,244,964 | ||||||||
| Automobiles — 0.9% | ||||||||
| Ford Motor Co. | 41,645 | 799,168 | ||||||
| General Motors Co.(a) | 13,069 | 756,303 | ||||||
| Lucid Group Inc.(a) | 17,313 | 917,243 | ||||||
| Rivian Automotive Inc., Class A(a) | 6,602 | 790,655 | ||||||
| Tesla Inc.(a) | 743 | 850,557 | ||||||
| 4,113,926 | ||||||||
| Banks — 2.5% | ||||||||
| Bank of America Corp. | 17,586 | 782,049 | ||||||
| Citigroup Inc. | 12,138 | 773,191 | ||||||
| Citizens Financial Group Inc. | 16,246 | 767,948 | ||||||
| Fifth Third Bancorp | 18,454 | 777,836 | ||||||
| First Republic Bank/CA. | 3,719 | 779,726 | ||||||
| Huntington Bancshares Inc./OH | 50,376 | 747,580 | ||||||
| JPMorgan Chase & Co. | 4,996 | 793,515 | ||||||
| KeyCorp. | 34,414 | 772,250 | ||||||
| M&T Bank Corp. | 5,110 | 749,177 | ||||||
| PNC Financial Services Group Inc. (The) | 4,054 | 798,638 | ||||||
| Regions Financial Corp. | 34,083 | 775,388 | ||||||
| Signature Bank/New York NY | 2,483 | 750,611 | ||||||
| SVB Financial Group(a) | 1,093 | 756,717 | ||||||
| Truist Financial Corp. | 13,166 | 780,875 | ||||||
| U.S. Bancorp | 13,889 | 768,617 | ||||||
| Wells Fargo & Co. | 16,324 | 779,961 | ||||||
| 12,354,079 | ||||||||
| Beverages — 1.1% | ||||||||
| Brown-Forman Corp., Class B, NVS | 11,205 | 788,384 | ||||||
| Coca-Cola Co. (The) | 14,701 | 771,068 | ||||||
| Constellation Brands Inc., Class A | 3,437 | 774,459 | ||||||
| Security | Shares | Value | ||||||
| Beverages (continued) | ||||||||
| Keurig Dr Pepper Inc. | 22,901 | $ | 778,405 | |||||
| Molson Coors Beverage Co., Class B | 17,510 | 778,144 | ||||||
| Monster Beverage Corp.(a) | 9,113 | 763,487 | ||||||
| PepsiCo Inc. | 4,985 | 796,503 | ||||||
| 5,450,450 | ||||||||
| Biotechnology — 2.6% | ||||||||
| AbbVie Inc. | 6,942 | 800,274 | ||||||
| Alnylam Pharmaceuticals Inc.(a) | 4,551 | 836,474 | ||||||
| Amgen Inc. | 3,993 | 794,128 | ||||||
| Biogen Inc.(a) | 3,172 | 747,767 | ||||||
| BioMarin Pharmaceutical Inc.(a) | 9,824 | 847,713 | ||||||
| Exact Sciences Corp.(a) | 9,606 | 820,064 | ||||||
| Gilead Sciences Inc. | 12,016 | 828,263 | ||||||
| Horizon Therapeutics PLC(a) | 7,600 | 788,576 | ||||||
| Incyte Corp.(a) | 12,507 | 846,974 | ||||||
| Moderna Inc.(a) | 3,240 | 1,141,873 | ||||||
| Neurocrine Biosciences Inc.(a) | 9,308 | 774,891 | ||||||
| Novavax Inc.(a) | 4,264 | 889,598 | ||||||
| Regeneron Pharmaceuticals Inc.(a) | 1,256 | 799,482 | ||||||
| Seagen Inc.(a) | 4,422 | 707,520 | ||||||
| Vertex Pharmaceuticals Inc.(a) | 4,393 | 821,227 | ||||||
| 12,444,824 | ||||||||
| Building Products — 1.4% | ||||||||
| A O Smith Corp. | 9,896 | 782,279 | ||||||
| Allegion PLC | 6,037 | 746,415 | ||||||
| Carrier Global Corp. | 14,286 | 773,158 | ||||||
| Fortune Brands Home & Security Inc. | 7,571 | 761,112 | ||||||
| Johnson Controls International PLC | 10,139 | 757,992 | ||||||
| Lennox International Inc. | 2,553 | 788,928 | ||||||
| Masco Corp. | 12,023 | 792,316 | ||||||
| Owens Corning | 9,022 | 765,426 | ||||||
| Trane Technologies PLC | 4,197 | 783,370 | ||||||
| 6,950,996 | ||||||||
| Capital Markets — 4.7% | ||||||||
| Ameriprise Financial Inc. | 2,687 | 778,155 | ||||||
| Apollo Global Management Inc. | 10,803 | 764,636 | ||||||
| Bank of New York Mellon Corp. (The) | 14,100 | 772,539 | ||||||
| BlackRock Inc.(b) | 883 | 798,771 | ||||||
| Blackstone Inc., NVS | 5,547 | 784,623 | ||||||
| Carlyle Group Inc. (The) | 13,736 | 751,222 | ||||||
| Cboe Global Markets Inc. | 6,290 | 811,033 | ||||||
| Charles Schwab Corp. (The) | 9,968 | 771,424 | ||||||
| CME Group Inc. | 3,601 | 794,092 | ||||||
| Coinbase Global Inc., Class A(a) | 2,517 | 792,855 | ||||||
| FactSet Research Systems Inc. | 1,764 | 826,557 | ||||||
| Franklin Resources Inc. | 23,394 | 757,966 | ||||||
| Goldman Sachs Group Inc. (The) | 2,081 | 792,840 | ||||||
| Intercontinental Exchange Inc. | 6,017 | 786,542 | ||||||
| Invesco Ltd. | 33,194 | 741,222 | ||||||
| KKR & Co. Inc. | 10,389 | 773,461 | ||||||
| MarketAxess Holdings Inc. | 2,221 | 783,324 | ||||||
| Moody’s Corp. | 2,062 | 805,500 | ||||||
| Morgan Stanley | 8,339 | 790,704 | ||||||
| MSCI Inc. | 1,224 | 770,447 | ||||||
| Nasdaq Inc. | 3,903 | 793,207 | ||||||
| Northern Trust Corp. | 6,710 | 776,347 | ||||||
| Raymond James Financial Inc. | 8,321 | 817,871 | ||||||
| Robinhood Markets Inc., Class A(a) | 26,681 | 692,105 | ||||||
| S&P Global Inc. | 1,756 | 800,262 | ||||||
1
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Capital Markets (continued) | ||||||||
| SEI Investments Co. | 12,658 | $ | 754,797 | |||||
| State Street Corp. | 8,553 | 760,960 | ||||||
| T Rowe Price Group Inc. | 3,879 | 775,606 | ||||||
| Tradeweb Markets Inc., Class A | 8,276 | 794,496 | ||||||
| 22,613,564 | ||||||||
| Chemicals — 2.7% | ||||||||
| Air Products & Chemicals Inc. | 2,750 | 790,460 | ||||||
| Albemarle Corp. | 2,966 | 790,409 | ||||||
| Celanese Corp. | 4,864 | 736,215 | ||||||
| CF Industries Holdings Inc. | 12,055 | 730,412 | ||||||
| Corteva Inc. | 16,737 | 753,165 | ||||||
| Dow Inc. | 14,049 | 771,712 | ||||||
| DuPont de Nemours Inc. | 10,244 | 757,646 | ||||||
| Eastman Chemical Co. | 7,164 | 747,134 | ||||||
| Ecolab Inc. | 3,528 | 781,346 | ||||||
| FMC Corp. | 7,752 | 776,673 | ||||||
| International Flavors & Fragrances Inc. | 5,429 | 771,841 | ||||||
| Linde PLC | 2,461 | 782,943 | ||||||
| LyondellBasell Industries NV, Class A | 8,926 | 777,722 | ||||||
| Mosaic Co. (The) | 22,123 | 757,049 | ||||||
| PPG Industries Inc. | 5,017 | 773,471 | ||||||
| RPM International Inc. | 8,680 | 790,227 | ||||||
| Sherwin-Williams Co. (The) | 2,463 | 815,844 | ||||||
| 13,104,269 | ||||||||
| Commercial Services & Supplies — 1.0% | ||||||||
| Cintas Corp. | 1,840 | 776,829 | ||||||
| Copart Inc.(a) | 5,230 | 759,187 | ||||||
| Republic Services Inc. | 5,927 | 783,905 | ||||||
| Rollins Inc. | 22,856 | 760,648 | ||||||
| Waste Connections Inc. | 5,890 | 783,723 | ||||||
| Waste Management Inc. | 4,952 | 795,638 | ||||||
| 4,659,930 | ||||||||
| Communications Equipment — 0.8% | ||||||||
| Arista Networks Inc.(a) | 6,145 | 762,349 | ||||||
| Cisco Systems Inc. | 15,189 | 832,965 | ||||||
| F5 Inc.(a) | 3,419 | 778,096 | ||||||
| Juniper Networks Inc. | 25,157 | 783,137 | ||||||
| Motorola Solutions Inc. | 3,166 | 801,568 | ||||||
| 3,958,115 | ||||||||
| Construction Materials — 0.3% | ||||||||
| Martin Marietta Materials Inc. | 1,938 | 782,003 | ||||||
| Vulcan Materials Co. | 4,102 | 786,107 | ||||||
| 1,568,110 | ||||||||
| Consumer Finance — 1.1% | ||||||||
| Ally Financial Inc. | 16,791 | 769,532 | ||||||
| American Express Co. | 4,623 | 704,083 | ||||||
| Capital One Financial Corp. | 5,324 | 748,182 | ||||||
| Discover Financial Services | 7,052 | 760,558 | ||||||
| SoFi Technologies Inc.(a) | 39,600 | 681,120 | ||||||
| Synchrony Financial | 16,847 | 754,577 | ||||||
| Upstart Holdings Inc.(a) | 3,598 | 737,194 | ||||||
| 5,155,246 | ||||||||
| Containers & Packaging — 1.3% | ||||||||
| Amcor PLC | 67,768 | 767,134 | ||||||
| Avery Dennison Corp. | 3,706 | 759,990 | ||||||
| Ball Corp. | 8,645 | 807,875 | ||||||
| Crown Holdings Inc. | 7,388 | 781,650 | ||||||
| International Paper Co. | 16,771 | 763,416 | ||||||
| Security | Shares | Value | ||||||
| Containers & Packaging (continued) | ||||||||
| Packaging Corp. of America | 6,143 | $ | 802,214 | |||||
| Sealed Air Corp. | 12,596 | 782,464 | ||||||
| Westrock Co. | 16,970 | 736,328 | ||||||
| 6,201,071 | ||||||||
| Distributors — 0.5% | ||||||||
| Genuine Parts Co. | 5,988 | 764,907 | ||||||
| LKQ Corp. | 13,783 | 770,470 | ||||||
| Pool Corp. | 1,410 | 781,309 | ||||||
| 2,316,686 | ||||||||
| Diversified Financial Services — 0.3% | ||||||||
| Berkshire Hathaway Inc., Class B(a) | 2,903 | 803,231 | ||||||
| Equitable Holdings Inc. | 24,602 | 773,979 | ||||||
| 1,577,210 | ||||||||
| Diversified Telecommunication Services — 0.6% | ||||||||
| AT&T Inc. | 33,398 | 762,476 | ||||||
| Liberty Global PLC, Class A(a) | 9,087 | 239,897 | ||||||
| Liberty Global PLC, Class C, NVS(a) | 19,884 | 529,710 | ||||||
| Lumen Technologies Inc. | 59,895 | 739,104 | ||||||
| Verizon Communications Inc. | 15,897 | 799,142 | ||||||
| 3,070,329 | ||||||||
| Electric Utilities — 2.5% | ||||||||
| Alliant Energy Corp. | 14,743 | 807,769 | ||||||
| American Electric Power Co. Inc. | 9,835 | 797,127 | ||||||
| Duke Energy Corp. | 8,281 | 803,340 | ||||||
| Edison International | 12,609 | 823,115 | ||||||
| Entergy Corp. | 7,723 | 774,926 | ||||||
| Evergy Inc. | 12,518 | 792,389 | ||||||
| Eversource Energy | 9,789 | 805,341 | ||||||
| Exelon Corp. | 15,214 | 802,234 | ||||||
| FirstEnergy Corp. | 21,023 | 791,726 | ||||||
| NextEra Energy Inc. | 9,299 | 806,967 | ||||||
| NRG Energy Inc. | 22,596 | 813,908 | ||||||
| PG&E Corp.(a) | 67,320 | 799,762 | ||||||
| PPL Corp. | 28,814 | 801,894 | ||||||
| Southern Co. (The) | 13,217 | 807,559 | ||||||
| Xcel Energy Inc. | 12,662 | 806,949 | ||||||
| 12,035,006 | ||||||||
| Electrical Equipment — 1.3% | ||||||||
| AMETEK Inc. | 5,774 | 788,151 | ||||||
| Eaton Corp. PLC. | 4,700 | 761,682 | ||||||
| Emerson Electric Co. | 8,613 | 756,566 | ||||||
| Generac Holdings Inc.(a) | 1,930 | 812,993 | ||||||
| Plug Power Inc.(a) | 20,153 | 803,097 | ||||||
| Rockwell Automation Inc. | 2,363 | 794,441 | ||||||
| Sensata Technologies Holding PLC(a) | 13,389 | 745,767 | ||||||
| Sunrun Inc.(a)(c) | 15,548 | 715,830 | ||||||
| 6,178,527 | ||||||||
| Electronic Equipment, Instruments & Components — 1.8% | ||||||||
| Amphenol Corp., Class A | 9,610 | 774,374 | ||||||
| Arrow Electronics Inc.(a) | 6,425 | 781,601 | ||||||
| CDW Corp./DE | 4,172 | 790,010 | ||||||
| Cognex Corp. | 10,268 | 793,203 | ||||||
| Corning Inc. | 21,252 | 788,237 | ||||||
| IPG Photonics Corp.(a) | 4,942 | 811,427 | ||||||
| Keysight Technologies Inc.(a) | 4,193 | 815,454 | ||||||
| TE Connectivity Ltd. | 4,962 | 763,801 | ||||||
| Teledyne Technologies Inc.(a) | 1,812 | 752,505 | ||||||
| Trimble Inc.(a) | 9,278 | 796,702 | ||||||
2
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Electronic Equipment, Instruments & Components (continued) | ||||||||
| Zebra Technologies Corp., Class A(a) | 1,342 | $ | 790,143 | |||||
| 8,657,457 | ||||||||
| Energy Equipment & Services — 0.5% | ||||||||
| Baker Hughes Co. | 34,040 | 794,494 | ||||||
| Halliburton Co. | 35,790 | 772,706 | ||||||
| Schlumberger NV | 25,567 | 733,261 | ||||||
| 2,300,461 | ||||||||
| Entertainment — 1.4% | ||||||||
| Activision Blizzard Inc. | 12,998 | 761,683 | ||||||
| AMC Entertainment Holdings Inc., Class A(a) | 20,158 | 684,162 | ||||||
| Electronic Arts Inc. | 5,931 | 736,749 | ||||||
| Liberty Media Corp.-Liberty Formula One, Class C, NVS(a) | 13,576 | 827,050 | ||||||
| Live Nation Entertainment Inc.(a) | 7,211 | 769,053 | ||||||
| Netflix Inc.(a) | 1,194 | 766,429 | ||||||
| Roku Inc.(a) | 3,454 | 786,165 | ||||||
| Take-Two Interactive Software Inc.(a) | 4,681 | 776,484 | ||||||
| Walt Disney Co. (The)(a) | 5,236 | 758,696 | ||||||
| 6,866,471 | ||||||||
| Equity Real Estate Investment Trusts (REITs) — 5.4% | ||||||||
| Alexandria Real Estate Equities Inc. | 3,947 | 789,676 | ||||||
| American Tower Corp. | 3,146 | 825,762 | ||||||
| AvalonBay Communities Inc. | 3,310 | 790,660 | ||||||
| Boston Properties Inc. | 6,829 | 736,439 | ||||||
| Camden Property Trust | 4,914 | 811,842 | ||||||
| Crown Castle International Corp. | 4,443 | 807,071 | ||||||
| Digital Realty Trust Inc. | 4,958 | 831,655 | ||||||
| Duke Realty Corp. | 13,989 | 815,978 | ||||||
| Equinix Inc. | 1,027 | 834,129 | ||||||
| Equity LifeStyle Properties Inc. | 9,609 | 781,212 | ||||||
| Equity Residential | 9,255 | 789,544 | ||||||
| Essex Property Trust Inc. | 2,323 | 788,519 | ||||||
| Extra Space Storage Inc. | 4,007 | 801,400 | ||||||
| Healthpeak Properties Inc. | 23,313 | 766,065 | ||||||
| Host Hotels & Resorts Inc.(a) | 47,058 | 738,811 | ||||||
| Invitation Homes Inc. | 19,839 | 802,289 | ||||||
| Iron Mountain Inc. | 17,181 | 780,705 | ||||||
| Medical Properties Trust Inc. | 37,538 | 799,184 | ||||||
| Mid-America Apartment Communities Inc. | 3,992 | 823,350 | ||||||
| Prologis Inc. | 5,410 | 815,557 | ||||||
| Public Storage | 2,425 | 793,897 | ||||||
| Realty Income Corp. | 11,466 | 778,771 | ||||||
| Regency Centers Corp. | 10,896 | 755,529 | ||||||
| SBA Communications Corp. | 2,359 | 811,024 | ||||||
| Simon Property Group Inc. | 4,809 | 735,008 | ||||||
| Sun Communities Inc. | 4,144 | 781,476 | ||||||
| UDR Inc. | 14,369 | 815,153 | ||||||
| Ventas Inc. | 15,286 | 717,219 | ||||||
| VICI Properties Inc. | 27,880 | 758,336 | ||||||
| Vornado Realty Trust | 17,982 | 721,797 | ||||||
| Welltower Inc. | 9,455 | 752,807 | ||||||
| Weyerhaeuser Co. | 21,470 | 807,487 | ||||||
| WP Carey Inc. | 10,446 | 797,552 | ||||||
| 25,955,904 | ||||||||
| Food & Staples Retailing — 0.8% | ||||||||
| Costco Wholesale Corp. | 1,539 | 830,106 | ||||||
| Kroger Co. (The) | 19,676 | 817,144 | ||||||
| Sysco Corp. | 10,889 | 762,666 | ||||||
| Walgreens Boots Alliance Inc. | 17,034 | 763,123 | ||||||
| Security | Shares | Value | ||||||
| Food & Staples Retailing (continued) | ||||||||
| Walmart Inc. | 5,690 | $ | 800,185 | |||||
| 3,973,224 | ||||||||
| Food Products — 2.1% | ||||||||
| Archer-Daniels-Midland Co. | 12,233 | 761,015 | ||||||
| Bunge Ltd. | 8,483 | 734,373 | ||||||
| Campbell Soup Co. | 19,872 | 801,438 | ||||||
| Conagra Brands Inc. | 26,175 | 799,646 | ||||||
| General Mills Inc. | 12,950 | 799,922 | ||||||
| Hershey Co. (The) | 4,527 | 803,497 | ||||||
| Hormel Foods Corp. | 19,112 | 791,237 | ||||||
| JM Smucker Co. (The) | 6,473 | 818,640 | ||||||
| Kellogg Co. | 13,052 | 798,522 | ||||||
| Kraft Heinz Co. (The) | 23,030 | 774,038 | ||||||
| McCormick & Co. Inc./MD, NVS | 9,750 | 836,745 | ||||||
| Mondelez International Inc., Class A | 13,067 | 770,169 | ||||||
| Tyson Foods Inc., Class A | 9,866 | 779,019 | ||||||
| 10,268,261 | ||||||||
| Gas Utilities — 0.3% | ||||||||
| Atmos Energy Corp. | 8,796 | 794,454 | ||||||
| UGI Corp. | 18,467 | 761,764 | ||||||
| 1,556,218 | ||||||||
| Health Care Equipment & Supplies — 3.4% | ||||||||
| Abbott Laboratories | 6,382 | 802,664 | ||||||
| ABIOMED Inc.(a) | 2,394 | 753,583 | ||||||
| Align Technology Inc.(a) | 1,191 | 728,332 | ||||||
| Baxter International Inc. | 10,297 | 767,847 | ||||||
| Becton Dickinson and Co. | 3,267 | 774,736 | ||||||
| Boston Scientific Corp.(a) | 19,766 | 752,492 | ||||||
| Cooper Companies Inc. (The) | 2,012 | 757,458 | ||||||
| DENTSPLY SIRONA Inc. | 15,206 | 741,140 | ||||||
| Dexcom Inc.(a) | 1,256 | 706,613 | ||||||
| Edwards Lifesciences Corp.(a) | 6,967 | 747,629 | ||||||
| Hologic Inc.(a) | 11,119 | 830,923 | ||||||
| IDEXX Laboratories Inc.(a)(c) | 1,285 | 781,370 | ||||||
| Insulet Corp.(a) | 2,690 | 775,904 | ||||||
| Intuitive Surgical Inc.(a) | 2,268 | 735,603 | ||||||
| Masimo Corp.(a) | 2,716 | 755,374 | ||||||
| Medtronic PLC. | 6,923 | 738,684 | ||||||
| Novocure Ltd.(a)(c) | 7,492 | 701,551 | ||||||
| ResMed Inc. | 3,095 | 788,761 | ||||||
| STERIS PLC | 3,481 | 760,703 | ||||||
| Stryker Corp. | 3,137 | 742,308 | ||||||
| Teleflex Inc. | 2,468 | 734,033 | ||||||
| Zimmer Biomet Holdings Inc. | 6,320 | 755,872 | ||||||
| 16,633,580 | ||||||||
| Health Care Providers & Services — 2.7% | ||||||||
| AmerisourceBergen Corp. | 6,543 | 757,352 | ||||||
| Anthem Inc. | 1,913 | 777,118 | ||||||
| Cardinal Health Inc. | 16,513 | 763,396 | ||||||
| Centene Corp.(a) | 10,808 | 771,799 | ||||||
| Cigna Corp. | 3,724 | 714,636 | ||||||
| CVS Health Corp. | 8,544 | 760,929 | ||||||
| DaVita Inc.(a) | 8,013 | 757,228 | ||||||
| HCA Healthcare Inc. | 3,349 | 755,501 | ||||||
| Henry Schein Inc.(a) | 10,583 | 752,028 | ||||||
| Humana Inc. | 1,827 | 766,810 | ||||||
| Laboratory Corp. of America Holdings(a) | 2,833 | 808,340 | ||||||
| McKesson Corp. | 3,613 | 783,154 | ||||||
| Molina Healthcare Inc.(a) | 2,654 | 756,868 | ||||||
3
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Health Care Providers & Services (continued) | ||||||||
| Oak Street Health Inc.(a)(c) | 22,004 | $ | 681,024 | |||||
| Quest Diagnostics Inc. | 5,511 | 819,375 | ||||||
| UnitedHealth Group Inc. | 1,812 | 804,927 | ||||||
| Universal Health Services Inc., Class B | 6,474 | 768,658 | ||||||
| 12,999,143 | ||||||||
| Health Care Technology — 0.5% | ||||||||
| Cerner Corp. | 11,071 | 779,952 | ||||||
| Teladoc Health Inc.(a) | 6,569 | 665,111 | ||||||
| Veeva Systems Inc., Class A(a) | 2,650 | 748,837 | ||||||
| 2,193,900 | ||||||||
| Hotels, Restaurants & Leisure — 3.1% | ||||||||
| Airbnb Inc., Class A(a) | 3,987 | 687,917 | ||||||
| Aramark | 22,081 | 737,505 | ||||||
| Booking Holdings Inc.(a) | 343 | 720,935 | ||||||
| Caesars Entertainment Inc.(a) | 8,477 | 763,523 | ||||||
| Carnival Corp.(a) | 38,882 | 685,101 | ||||||
| Chipotle Mexican Grill Inc.(a) | 458 | 752,682 | ||||||
| Darden Restaurants Inc. | 5,582 | 770,037 | ||||||
| Domino’s Pizza Inc. | 1,517 | 795,120 | ||||||
| DraftKings Inc., Class A(a)(c) | 22,244 | 768,530 | ||||||
| Expedia Group Inc.(a) | 4,613 | 743,108 | ||||||
| Hilton Worldwide Holdings Inc.(a) | 5,673 | 766,252 | ||||||
| Las Vegas Sands Corp.(a) | 21,130 | 752,651 | ||||||
| Marriott International Inc./MD, Class A(a) | 5,231 | 771,886 | ||||||
| McDonald’s Corp. | 3,214 | 786,145 | ||||||
| MGM Resorts International | 18,375 | 727,283 | ||||||
| Royal Caribbean Cruises Ltd.(a) | 9,821 | 685,702 | ||||||
| Starbucks Corp. | 7,215 | 791,053 | ||||||
| Vail Resorts Inc. | 2,382 | 790,133 | ||||||
| Wynn Resorts Ltd.(a) | 9,003 | 729,333 | ||||||
| Yum! Brands Inc. | 6,413 | 787,773 | ||||||
| 15,012,669 | ||||||||
| Household Durables — 1.3% | ||||||||
| DR Horton Inc. | 7,999 | 781,502 | ||||||
| Garmin Ltd. | 5,636 | 752,631 | ||||||
| Lennar Corp., Class A | 7,330 | 770,017 | ||||||
| Mohawk Industries Inc.(a) | 4,666 | 783,281 | ||||||
| Newell Brands Inc. | 35,916 | 771,117 | ||||||
| NVR Inc.(a) | 160 | 836,054 | ||||||
| PulteGroup Inc. | 15,813 | 791,124 | ||||||
| Whirlpool Corp. | 3,548 | 772,542 | ||||||
| 6,258,268 | ||||||||
| Household Products — 0.8% | ||||||||
| Church & Dwight Co. Inc. | 8,930 | 798,163 | ||||||
| Clorox Co. (The) | 4,914 | 800,245 | ||||||
| Colgate-Palmolive Co. | 10,663 | 799,938 | ||||||
| Kimberly-Clark Corp. | 6,122 | 797,758 | ||||||
| Procter & Gamble Co. (The) | 5,537 | 800,540 | ||||||
| 3,996,644 | ||||||||
| Independent Power and Renewable Electricity Producers — 0.3% | ||||||||
| AES Corp. (The) | 33,289 | 778,297 | ||||||
| Vistra Corp. | 40,425 | 803,649 | ||||||
| 1,581,946 | ||||||||
| Industrial Conglomerates — 0.6% | ||||||||
| 3M Co. | 4,557 | 774,872 | ||||||
| General Electric Co. | 8,092 | 768,659 | ||||||
| Honeywell International Inc. | 3,691 | 746,468 | ||||||
| Security | Shares | Value | ||||||
| Industrial Conglomerates (continued) | ||||||||
| Roper Technologies Inc. | 1,674 | $ | 776,987 | |||||
| 3,066,986 | ||||||||
| Insurance — 4.6% | ||||||||
| Aflac Inc. | 14,624 | 791,743 | ||||||
| Alleghany Corp.(a) | 1,184 | 765,906 | ||||||
| Allstate Corp. (The) | 7,205 | 783,328 | ||||||
| American Financial Group Inc./OH | 5,682 | 759,172 | ||||||
| American International Group Inc. | 14,515 | 763,489 | ||||||
| Aon PLC, Class A | 2,763 | 817,213 | ||||||
| Arch Capital Group Ltd.(a) | 19,628 | 792,579 | ||||||
| Arthur J Gallagher & Co. | 5,003 | 814,989 | ||||||
| Assurant Inc. | 5,083 | 773,124 | ||||||
| Athene Holding Ltd., Class A(a) | 9,448 | 773,980 | ||||||
| Brown & Brown Inc. | 12,700 | 818,007 | ||||||
| Chubb Ltd. | 4,244 | 761,671 | ||||||
| Cincinnati Financial Corp. | 6,862 | 781,582 | ||||||
| Erie Indemnity Co., Class A, NVS | 3,711 | 689,541 | ||||||
| Everest Re Group Ltd. | 2,969 | 761,192 | ||||||
| Fidelity National Financial Inc. | 15,863 | 775,859 | ||||||
| Globe Life Inc. | 8,745 | 756,792 | ||||||
| Hartford Financial Services Group Inc. (The) | 11,554 | 763,719 | ||||||
| Lincoln National Corp. | 11,407 | 756,626 | ||||||
| Loews Corp. | 14,369 | 768,167 | ||||||
| Markel Corp.(a) | 647 | 773,049 | ||||||
| Marsh & McLennan Companies Inc. | 4,863 | 797,629 | ||||||
| MetLife Inc. | 13,000 | 762,580 | ||||||
| Principal Financial Group Inc. | 11,437 | 784,349 | ||||||
| Progressive Corp. (The) | 8,979 | 834,508 | ||||||
| Prudential Financial Inc. | 7,456 | 762,451 | ||||||
| Travelers Companies Inc. (The) | 5,221 | 767,226 | ||||||
| W R Berkley Corp. | 9,948 | 762,415 | ||||||
| Willis Towers Watson PLC | 3,579 | 808,281 | ||||||
| 22,521,167 | ||||||||
| Interactive Media & Services — 1.2% | ||||||||
| Alphabet Inc., Class A(a) | 138 | 391,637 | ||||||
| Alphabet Inc., Class C, NVS(a) | 133 | 378,922 | ||||||
| IAC/InterActiveCorp.(a) | 6,257 | 836,248 | ||||||
| Match Group Inc.(a) | 5,721 | 743,673 | ||||||
| Meta Platforms Inc, Class A(a) | 2,405 | 780,326 | ||||||
| Pinterest Inc., Class A(a) | 17,708 | 709,383 | ||||||
| Snap Inc., Class A, NVS(a)(c) | 15,234 | 725,291 | ||||||
| Twitter Inc.(a) | 16,761 | 736,478 | ||||||
| ZoomInfo Technologies Inc., Class A(a) | 10,531 | 649,763 | ||||||
| 5,951,721 | ||||||||
| Internet & Direct Marketing Retail — 1.1% | ||||||||
| Amazon.com Inc.(a) | 220 | 771,555 | ||||||
| Chewy Inc., Class A(a)(c) | 11,171 | 762,532 | ||||||
| DoorDash Inc., Class A(a) | 3,560 | 636,421 | ||||||
| eBay Inc. | 10,902 | 735,449 | ||||||
| Etsy Inc.(a) | 2,806 | 770,472 | ||||||
| MercadoLibre Inc.(a) | 563 | 669,075 | ||||||
| Wayfair Inc., Class A(a)(c) | 3,147 | 779,953 | ||||||
| 5,125,457 | ||||||||
| IT Services — 4.3% | ||||||||
| Accenture PLC, Class A | 2,197 | 785,208 | ||||||
| Affirm Holdings Inc.(a) | 5,855 | 741,711 | ||||||
| Akamai Technologies Inc.(a) | 7,369 | 830,486 | ||||||
| Automatic Data Processing Inc. | 3,423 | 790,336 | ||||||
| Broadridge Financial Solutions Inc. | 4,715 | 794,808 | ||||||
4
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| IT Services (continued) | ||||||||
| Cloudflare Inc., Class A(a) | 3,749 | $ | 705,712 | |||||
| Cognizant Technology Solutions Corp., Class A | 10,051 | 783,777 | ||||||
| EPAM Systems Inc.(a) | 1,227 | 746,691 | ||||||
| Fidelity National Information Services Inc. | 7,472 | 780,824 | ||||||
| Fiserv Inc.(a)(c) | 8,045 | 776,503 | ||||||
| FleetCor Technologies Inc.(a) | 3,584 | 742,354 | ||||||
| Gartner Inc.(a) | 2,431 | 759,080 | ||||||
| Global Payments Inc. | 6,422 | 764,475 | ||||||
| GoDaddy Inc., Class A(a) | 11,169 | 783,729 | ||||||
| International Business Machines Corp. | 6,982 | 817,592 | ||||||
| Jack Henry & Associates Inc. | 5,366 | 813,647 | ||||||
| Mastercard Inc., Class A | 2,339 | 736,598 | ||||||
| MongoDB Inc.(a) | 1,435 | 714,773 | ||||||
| Okta Inc.(a) | 3,081 | 663,124 | ||||||
| Paychex Inc. | 6,490 | 773,608 | ||||||
| PayPal Holdings Inc.(a) | 4,063 | 751,208 | ||||||
| Snowflake Inc., Class A(a) | 2,050 | 697,307 | ||||||
| Square Inc., Class A(a)(c) | 3,536 | 736,655 | ||||||
| Twilio Inc., Class A(a)(c) | 2,799 | 800,934 | ||||||
| VeriSign Inc.(a) | 3,380 | 810,896 | ||||||
| Visa Inc., Class A | 4,006 | 776,243 | ||||||
| Western Union Co. (The) | 48,343 | 764,786 | ||||||
| 20,643,065 | ||||||||
| Leisure Products — 0.3% | ||||||||
| Hasbro Inc. | 8,160 | 790,786 | ||||||
| Peloton Interactive Inc., Class A(a) | 16,830 | 740,520 | ||||||
| 1,531,306 | ||||||||
| Life Sciences Tools & Services — 2.5% | ||||||||
| 10X Genomics Inc., Class A(a) | 5,440 | 831,286 | ||||||
| Agilent Technologies Inc. | 5,023 | 757,971 | ||||||
| Avantor Inc.(a) | 20,738 | 818,736 | ||||||
| Bio-Rad Laboratories Inc., Class A(a) | 1,051 | 791,613 | ||||||
| Bio-Techne Corp. | 1,645 | 776,489 | ||||||
| Charles River Laboratories International Inc.(a) | 2,102 | 769,059 | ||||||
| Danaher Corp. | 2,605 | 837,872 | ||||||
| Illumina Inc.(a) | 2,167 | 791,670 | ||||||
| IQVIA Holdings Inc.(a) | 3,055 | 791,642 | ||||||
| Mettler-Toledo International Inc.(a) | 527 | 797,946 | ||||||
| PerkinElmer Inc. | 4,349 | 792,214 | ||||||
| PPD Inc.(a) | 17,210 | 810,591 | ||||||
| Thermo Fisher Scientific Inc. | 1,277 | 808,124 | ||||||
| Waters Corp.(a) | 2,379 | 780,479 | ||||||
| West Pharmaceutical Services Inc.(c) | 1,813 | 802,543 | ||||||
| 11,958,235 | ||||||||
| Machinery — 2.7% | ||||||||
| Caterpillar Inc. | 4,044 | 781,908 | ||||||
| Cummins Inc. | 3,571 | 749,017 | ||||||
| Deere & Co. | 2,281 | 788,177 | ||||||
| Dover Corp. | 4,613 | 755,840 | ||||||
| Fortive Corp. | 10,341 | 763,890 | ||||||
| IDEX Corp. | 3,454 | 775,734 | ||||||
| Illinois Tool Works Inc. | 3,380 | 784,667 | ||||||
| Ingersoll Rand Inc. | 13,376 | 780,356 | ||||||
| Nordson Corp. | 3,033 | 770,958 | ||||||
| Otis Worldwide Corp. | 9,447 | 759,539 | ||||||
| PACCAR Inc. | 9,365 | 781,228 | ||||||
| Parker-Hannifin Corp. | 2,451 | 740,349 | ||||||
| Pentair PLC | 10,464 | 771,092 | ||||||
| Snap-on Inc. | 3,786 | 779,575 | ||||||
| Security | Shares | Value | ||||||
| Machinery (continued) | ||||||||
| Stanley Black & Decker Inc. | 4,236 | $ | 740,283 | |||||
| Westinghouse Air Brake Technologies Corp. | 8,613 | 764,576 | ||||||
| Xylem Inc./NY | 6,253 | 757,301 | ||||||
| 13,044,490 | ||||||||
| Media — 2.0% | ||||||||
| Cable One Inc. | 445 | 788,567 | ||||||
| Charter Communications Inc., Class A(a) | 1,188 | 767,781 | ||||||
| Comcast Corp., Class A | 15,433 | 771,341 | ||||||
| Discovery Inc., Class A(a)(c) | 10,840 | 252,247 | ||||||
| Discovery Inc., Class C, NVS(a) | 20,026 | 454,791 | ||||||
| DISH Network Corp., Class A(a)(c) | 23,742 | 741,938 | ||||||
| Fox Corp., Class A, NVS | 14,344 | 512,224 | ||||||
| Fox Corp., Class B | 6,690 | 224,784 | ||||||
| Interpublic Group of Companies Inc. (The) | 23,475 | 779,135 | ||||||
| Liberty Broadband Corp., Class A(a) | 728 | 110,350 | ||||||
| Liberty Broadband Corp., Class C, NVS(a) | 4,195 | 649,596 | ||||||
| Liberty Media Corp.-Liberty SiriusXM, Class A(a) | 5,000 | 244,000 | ||||||
| Liberty Media Corp.-Liberty SiriusXM, Class C, NVS(a) | 10,197 | 498,939 | ||||||
| News Corp., Class A, NVS | 35,081 | 758,451 | ||||||
| Omnicom Group Inc. | 12,030 | 809,739 | ||||||
| Sirius XM Holdings Inc.(c) | 128,888 | 786,217 | ||||||
| ViacomCBS Inc., Class B, NVS | 23,797 | 736,517 | ||||||
| 9,886,617 | ||||||||
| Metals & Mining — 0.6% | ||||||||
| Freeport-McMoRan Inc. | 21,000 | 778,680 | ||||||
| Newmont Corp. | 14,248 | 782,500 | ||||||
| Nucor Corp. | 7,292 | 774,848 | ||||||
| Steel Dynamics Inc. | 12,806 | 765,799 | ||||||
| 3,101,827 | ||||||||
| Mortgage Real Estate Investment — 0.3% | ||||||||
| AGNC Investment Corp. | 51,215 | 783,077 | ||||||
| Annaly Capital Management Inc. | 96,986 | 785,587 | ||||||
| 1,568,664 | ||||||||
| Multi-Utilities — 1.6% | ||||||||
| Ameren Corp. | 9,649 | 787,262 | ||||||
| CenterPoint Energy Inc. | 30,832 | 798,857 | ||||||
| CMS Energy Corp. | 13,475 | 793,004 | ||||||
| Consolidated Edison Inc. | 10,489 | 814,366 | ||||||
| Dominion Energy Inc. | 10,834 | 771,381 | ||||||
| DTE Energy Co. | 7,313 | 792,290 | ||||||
| NiSource Inc. | 32,427 | 794,786 | ||||||
| Public Service Enterprise Group Inc. | 13,054 | 815,745 | ||||||
| Sempra Energy | 6,637 | 795,577 | ||||||
| WEC Energy Group Inc. | 9,038 | 785,673 | ||||||
| 7,948,941 | ||||||||
| Multiline Retail — 0.5% | ||||||||
| Dollar General Corp. | 3,664 | 810,843 | ||||||
| Dollar Tree Inc.(a) | 6,068 | 812,081 | ||||||
| Target Corp. | 3,232 | 788,091 | ||||||
| 2,411,015 | ||||||||
| Oil, Gas & Consumable Fuels — 2.7% | ||||||||
| Cheniere Energy Inc. | 7,598 | 796,346 | ||||||
| Chevron Corp. | 7,117 | 803,296 | ||||||
| ConocoPhillips | 11,201 | 785,526 | ||||||
| Coterra Energy Inc. | 39,219 | 787,518 | ||||||
| Devon Energy Corp. | 18,804 | 790,896 | ||||||
| Diamondback Energy Inc. | 7,545 | 805,278 | ||||||
| EOG Resources Inc. | 9,089 | 790,743 | ||||||
5
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Oil, Gas & Consumable Fuels (continued) | ||||||||
| Exxon Mobil Corp. | 12,806 | $ | 766,311 | |||||
| Hess Corp. | 10,089 | 751,832 | ||||||
| Kinder Morgan Inc. | 50,035 | 773,541 | ||||||
| Marathon Petroleum Corp. | 12,992 | 790,563 | ||||||
| Occidental Petroleum Corp. | 26,585 | 788,245 | ||||||
| ONEOK Inc. | 12,818 | 767,029 | ||||||
| Phillips 66 | 11,051 | 764,398 | ||||||
| Pioneer Natural Resources Co. | 4,533 | 808,325 | ||||||
| Valero Energy Corp. | 11,165 | 747,385 | ||||||
| Williams Companies Inc. (The) | 29,123 | 780,205 | ||||||
| 13,297,437 | ||||||||
| Personal Products — 0.2% | ||||||||
| Estee Lauder Companies Inc. (The), Class A | 2,346 | 779,036 | ||||||
| Pharmaceuticals — 1.8% | ||||||||
| Bristol-Myers Squibb Co. | 13,797 | 739,933 | ||||||
| Catalent Inc.(a) | 6,362 | 818,535 | ||||||
| Elanco Animal Health Inc.(a) | 25,188 | 723,903 | ||||||
| Eli Lilly & Co. | 3,117 | 773,141 | ||||||
| Jazz Pharmaceuticals PLC(a) | 6,251 | 749,307 | ||||||
| Johnson & Johnson | 5,016 | 782,145 | ||||||
| Merck & Co. Inc. | 9,808 | 734,717 | ||||||
| Pfizer Inc. | 15,845 | 851,352 | ||||||
| Royalty Pharma PLC, Class A | 19,404 | 771,697 | ||||||
| Viatris Inc. | 60,834 | 748,867 | ||||||
| Zoetis Inc. | 3,612 | 802,008 | ||||||
| 8,495,605 | ||||||||
| Professional Services — 1.6% | ||||||||
| Booz Allen Hamilton Holding Corp. | 9,382 | 787,525 | ||||||
| Clarivate PLC(a) | 34,197 | 798,158 | ||||||
| CoStar Group Inc.(a) | 9,962 | 774,645 | ||||||
| Equifax Inc. | 2,817 | 784,957 | ||||||
| IHS Markit Ltd. | 6,264 | 800,665 | ||||||
| Jacobs Engineering Group Inc. | 5,533 | 788,784 | ||||||
| Leidos Holdings Inc. | 8,935 | 785,476 | ||||||
| Robert Half International Inc. | 6,957 | 773,410 | ||||||
| TransUnion | 6,852 | 761,874 | ||||||
| Verisk Analytics Inc. | 3,593 | 807,958 | ||||||
| 7,863,452 | ||||||||
| Real Estate Management & Development — 0.3% | ||||||||
| CBRE Group Inc., Class A(a) | 8,178 | 781,571 | ||||||
| Zillow Group Inc., Class A(a)(c) | 3,823 | 206,863 | ||||||
| Zillow Group Inc., Class C, NVS(a) | 10,431 | 566,090 | ||||||
| 1,554,524 | ||||||||
| Road & Rail — 1.6% | ||||||||
| AMERCO | 1,102 | 776,425 | ||||||
| CSX Corp. | 22,496 | 779,711 | ||||||
| JB Hunt Transport Services Inc. | 4,161 | 795,417 | ||||||
| Kansas City Southern | 2,658 | 773,079 | ||||||
| Knight-Swift Transportation Holdings Inc. | 14,108 | 807,683 | ||||||
| Lyft Inc., Class A(a) | 16,526 | 671,121 | ||||||
| Norfolk Southern Corp. | 2,953 | 783,342 | ||||||
| Old Dominion Freight Line Inc. | 2,314 | 821,864 | ||||||
| Uber Technologies Inc.(a) | 18,102 | 687,876 | ||||||
| Union Pacific Corp. | 3,391 | 799,055 | ||||||
| 7,695,573 | ||||||||
| Semiconductors & Semiconductor Equipment — 3.8% | ||||||||
| Advanced Micro Devices Inc.(a) | 5,255 | 832,234 | ||||||
| Analog Devices Inc. | 4,331 | 780,663 | ||||||
| Security | Shares | Value | ||||||
| Semiconductors & Semiconductor Equipment (continued) | ||||||||
| Applied Materials Inc. | 5,131 | $ | 755,232 | |||||
| Broadcom Inc. | 1,417 | 784,565 | ||||||
| Enphase Energy Inc.(a) | 3,201 | 800,250 | ||||||
| Entegris Inc. | 5,296 | 773,640 | ||||||
| Intel Corp. | 16,396 | 806,683 | ||||||
| KLA Corp. | 1,925 | 785,650 | ||||||
| Lam Research Corp. | 1,281 | 870,888 | ||||||
| Marvell Technology Inc. | 10,839 | 771,412 | ||||||
| Microchip Technology Inc. | 9,778 | 815,778 | ||||||
| Micron Technology Inc. | 10,576 | 888,384 | ||||||
| Monolithic Power Systems Inc. | 1,452 | 803,624 | ||||||
| NVIDIA Corp. | 2,572 | 840,427 | ||||||
| NXP Semiconductors NV | 3,693 | 824,868 | ||||||
| ON Semiconductor Corp.(a) | 12,836 | 788,515 | ||||||
| Qorvo Inc.(a) | 5,210 | 761,858 | ||||||
| QUALCOMM Inc. | 4,372 | 789,408 | ||||||
| Skyworks Solutions Inc. | 4,994 | 757,390 | ||||||
| SolarEdge Technologies Inc.(a) | 2,292 | 751,226 | ||||||
| Teradyne Inc. | 5,400 | 825,498 | ||||||
| Texas Instruments Inc. | 4,210 | 809,878 | ||||||
| Xilinx Inc. | 3,693 | 843,666 | ||||||
| 18,461,737 | ||||||||
| Software — 6.9% | ||||||||
| Adobe Inc.(a) | 1,214 | 813,198 | ||||||
| ANSYS Inc.(a) | 2,043 | 799,794 | ||||||
| Asana Inc., Class A(a) | 5,947 | 618,191 | ||||||
| Autodesk Inc.(a) | 2,528 | 642,592 | ||||||
| Avalara Inc.(a) | 5,406 | 755,110 | ||||||
| Bentley Systems Inc., Class B | 14,404 | 691,248 | ||||||
| Bill.com Holdings Inc.(a) | 2,594 | 728,525 | ||||||
| Black Knight Inc.(a) | 11,332 | 809,898 | ||||||
| Cadence Design Systems Inc.(a) | 4,378 | 776,920 | ||||||
| Ceridian HCM Holding Inc.(a) | 7,029 | 768,973 | ||||||
| Citrix Systems Inc. | 9,614 | 773,254 | ||||||
| Coupa Software Inc.(a) | 3,705 | 728,625 | ||||||
| Crowdstrike Holdings Inc., Class A(a) | 3,077 | 668,140 | ||||||
| Datadog Inc., Class A(a) | 4,274 | 762,011 | ||||||
| DocuSign Inc.(a) | 3,083 | 759,528 | ||||||
| Dropbox Inc., Class A(a) | 31,782 | 782,155 | ||||||
| Dynatrace Inc.(a) | 11,997 | 754,011 | ||||||
| Fair Isaac Corp.(a) | 2,309 | 815,377 | ||||||
| Fortinet Inc.(a) | 2,371 | 787,433 | ||||||
| Guidewire Software Inc.(a) | 6,681 | 777,268 | ||||||
| HubSpot Inc.(a) | 969 | 781,896 | ||||||
| Intuit Inc. | 1,295 | 844,728 | ||||||
| Microsoft Corp. | 2,387 | 789,118 | ||||||
| NortonLifeLock Inc. | 32,872 | 816,869 | ||||||
| Nuance Communications Inc.(a) | 14,693 | 815,315 | ||||||
| Oracle Corp. | 8,605 | 780,818 | ||||||
| Palantir Technologies Inc., Class A(a) | 37,887 | 782,367 | ||||||
| Palo Alto Networks Inc.(a) | 1,567 | 857,055 | ||||||
| Paycom Software Inc.(a) | 1,735 | 759,028 | ||||||
| PTC Inc.(a) | 6,935 | 759,937 | ||||||
| RingCentral Inc., Class A(a) | 3,342 | 721,805 | ||||||
| salesforce.com Inc.(a) | 2,688 | 765,972 | ||||||
| ServiceNow Inc.(a) | 1,205 | 780,478 | ||||||
| Splunk Inc.(a) | 5,987 | 724,427 | ||||||
| SS&C Technologies Holdings Inc. | 10,299 | 786,123 | ||||||
| Synopsys Inc.(a) | 2,314 | 789,074 | ||||||
| Trade Desk Inc. (The), Class A(a) | 7,723 | 798,713 | ||||||
6
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Software (continued) | ||||||||
| Tyler Technologies Inc.(a) | 1,506 | $ | 781,584 | |||||
| Unity Software Inc.(a) | 4,050 | 698,179 | ||||||
| VMware Inc., Class A | 6,771 | 790,447 | ||||||
| Workday Inc., Class A(a) | 2,724 | 747,003 | ||||||
| Zendesk Inc.(a) | 8,332 | 850,780 | ||||||
| Zoom Video Communications Inc., Class A(a) | 3,185 | 673,341 | ||||||
| Zscaler Inc.(a) | 2,228 | 773,049 | ||||||
| 33,680,357 | ||||||||
| Specialty Retail — 2.3% | ||||||||
| Advance Auto Parts Inc. | 3,512 | 775,169 | ||||||
| AutoZone Inc.(a) | 434 | 788,608 | ||||||
| Bath & Body Works Inc. | 10,394 | 780,901 | ||||||
| Best Buy Co. Inc. | 6,007 | 641,908 | ||||||
| Burlington Stores Inc.(a) | 2,963 | 868,544 | ||||||
| CarMax Inc.(a) | 5,578 | 787,893 | ||||||
| Carvana Co.(a)(c) | 2,822 | 791,345 | ||||||
| Home Depot Inc. (The) | 2,007 | 804,024 | ||||||
| Lowe’s Companies Inc. | 3,293 | 805,435 | ||||||
| O’Reilly Automotive Inc.(a) | 1,261 | 804,720 | ||||||
| Ross Stores Inc. | 6,815 | 743,448 | ||||||
| TJX Companies Inc. (The) | 11,092 | 769,785 | ||||||
| Tractor Supply Co. | 3,554 | 800,823 | ||||||
| Ulta Beauty Inc.(a) | 2,008 | 770,972 | ||||||
| 10,933,575 | ||||||||
| Technology Hardware, Storage & Peripherals — 1.2% | ||||||||
| Apple Inc. | 5,160 | 852,948 | ||||||
| Dell Technologies Inc., Class C(a) | 14,572 | 822,881 | ||||||
| Hewlett Packard Enterprise Co. | 55,754 | 800,070 | ||||||
| HP Inc. | 25,934 | 914,951 | ||||||
| NetApp Inc. | 9,329 | 829,162 | ||||||
| Seagate Technology Holdings PLC | 8,045 | 825,980 | ||||||
| Western Digital Corp.(a) | 14,624 | 845,852 | ||||||
| 5,891,844 | ||||||||
| Textiles, Apparel & Luxury Goods — 0.5% | ||||||||
| Lululemon Athletica Inc.(a) | 1,721 | 782,040 | ||||||
| Nike Inc., Class B | 4,754 | 804,567 | ||||||
| VF Corp. | 10,665 | 765,000 | ||||||
| 2,351,607 | ||||||||
| Tobacco — 0.3% | ||||||||
| Altria Group Inc. | 18,509 | 789,224 | ||||||
| Security | Shares | Value | ||||||
| Tobacco (continued) | ||||||||
| Philip Morris International Inc. | 8,898 | $ | 764,694 | |||||
| 1,553,918 | ||||||||
| Trading Companies & Distributors — 0.5% | ||||||||
| Fastenal Co. | 13,332 | 788,854 | ||||||
| United Rentals Inc.(a) | 2,156 | 730,323 | ||||||
| WW Grainger Inc. | 1,689 | 813,102 | ||||||
| 2,332,279 | ||||||||
| Water Utilities — 0.3% | ||||||||
| American Water Works Co. Inc. | 4,750 | 800,708 | ||||||
| Essential Utilities Inc. | 17,124 | 809,451 | ||||||
| 1,610,159 | ||||||||
| Wireless Telecommunication Services — 0.2% | ||||||||
| T-Mobile U.S. Inc.(a) | 6,963 | 757,644 | ||||||
| Total Common Stocks — 99.7% | ||||||||
| (Cost: $400,028,182) | 483,298,666 | |||||||
| Short-Term Investments | ||||||||
| Money Market Funds — 1.9% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(b)(d)(e) | 8,285,502 | 8,288,816 | ||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(b)(d) | 700,000 | 700,000 | ||||||
| 8,988,816 | ||||||||
| Total Short-Term Investments — 1.9% | ||||||||
| (Cost: $8,986,817) | 8,988,816 | |||||||
| Total Investments in Securities — 101.6% | ||||||||
| (Cost: $409,014,999) | 492,287,482 | |||||||
| Other Assets, Less Liabilities — (1.6)% | (7,563,146 | ) | ||||||
| Net Assets — 100.0% | $ | 484,724,336 | ||||||
| (a) | Non-income producing security. |
| (b) | Affiliate of the Fund. |
| (c) | All or a portion of this security is on loan. |
| (d) | Annualized 7-day yield as of period end. |
| (e) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
7
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted 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 | $ | 7,018,524 | $ | 1,271,335 | (a) | $ | — | $ | (686 | ) | $ | (357 | ) | $ | 8,288,816 | 8,285,502 | $ | 4,991 | (b) | $ | — | |||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares | 920,000 | — | (220,000 | )(a) | — | — | 700,000 | 700,000 | 10 | — | ||||||||||||||||||||||||||
| BlackRock Inc. | 774,441 | 86,409 | (30,797 | ) | 3,874 | (35,156 | ) | 798,771 | 883 | 3,391 | — | |||||||||||||||||||||||||
| $ | 3,188 | $ | (35,513 | ) | $ | 9,787,587 | $ | 8,392 | $ | — | ||||||||||||||||||||||||||
| (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. |
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 | ||||||||||||||
| S&P 500 E-Mini Index | 2 | 12/17/21 | $ | 457 | $ | (2,152 | ) | |||||||
| S&P Mid 400 E-Mini Index | 1 | 12/17/21 | 270 | (6,722 | ) | |||||||||
| $ | (8,874 | ) | ||||||||||||
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.
8
| Schedule of Investments (unaudited) (continued) | iShares® MSCI USA Equal Weighted ETF |
| November 30, 2021 |
Fair Value Measurements (continued)
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 | $ | 483,298,666 | $ | — | $ | — | $ | 483,298,666 | ||||||||
| Money Market Funds | 8,988,816 | — | — | 8,988,816 | ||||||||||||
| $ | 492,287,482 | $ | — | $ | — | $ | 492,287,482 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Liabilities | ||||||||||||||||
| Futures Contracts. | $ | (8,874 | ) | $ | — | $ | — | $ | (8,874 | ) | ||||||
| (a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviations - Equity
| NVS | Non-Voting Shares |
9