NPORT-EX 2 NPORT_2Q27_47021453_0522.htm

 

Consolidated Schedule of Investments (unaudited) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Brazil — 4.2%          
3R Petroleum Oleo E Gas SA(a)   1,578,847   $16,195,262 
AES Brasil Energia SA   2,219,445    5,090,310 
Aliansce Sonae Shopping Centers SA   1,597,153    6,489,363 
Alupar Investimento SA   1,831,327    10,307,729 
Ambev SA   41,895,658    125,090,612 
Americanas SA   5,861,634    24,790,658 
Anima Holding SA(a)   3,021,713    3,547,813 
Arezzo Industria e Comercio SA   596,512    10,066,230 
Atacadao SA   3,758,298    15,301,905 
Auren Energia SA   2,985,989    8,770,956 
B3 SA - Brasil, Bolsa, Balcao   53,405,121    143,498,416 
Banco Bradesco SA   13,656,708    48,505,588 
Banco BTG Pactual SA   10,390,160    55,399,029 
Banco do Brasil SA   7,482,511    57,655,270 
Banco Inter SA   3,128,682    8,288,205 
Banco Santander Brasil SA   3,269,408    23,079,955 
BB Seguridade Participacoes SA   5,839,922    33,030,079 
Boa Vista Servicos SA   1,737,897    2,194,060 
BR Malls Participacoes SA   6,908,602    12,283,445 
BR Properties SA   2,615,828    4,854,573 
BRF SA(a)   5,295,668    17,438,471 
Camil Alimentos SA   1,635,078    3,299,365 
CCR SA   10,665,520    29,937,199 
Centrais Eletricas Brasileiras SA   3,106,564    27,545,340 
Cia Brasileira de Aluminio   1,162,525    4,009,171 
Cia Brasileira de Distribuicao   1,533,756    6,528,681 
Cia. de Locacao das Americas   3,112,823    16,760,926 
Cia. de Saneamento Basico do Estado de Sao Paulo   2,908,560    28,017,354 
Cia. de Saneamento de Minas Gerais-COPASA   1,999,560    5,667,289 
Cia. de Saneamento do Parana   1,797,027    7,588,838 
Cia. Siderurgica Nacional SA   6,191,074    28,450,633 
Cielo SA   11,705,764    9,729,044 
Cogna Educacao(a)   17,101,770    9,535,868 
Cosan SA   9,930,455    45,154,103 
CPFL Energia SA   1,418,922    10,061,477 
CVC Brasil Operadora e Agencia de Viagens SA(a)   2,335,578    5,366,490 
Cyrela Brazil Realty SA Empreendimentos e Participacoes   2,558,260    7,347,687 
Dexco SA   3,597,863    8,486,401 
EcoRodovias Infraestrutura e Logistica SA(a)   2,741,427    4,251,258 
EDP - Energias do Brasil SA   2,553,418    11,529,884 
Embraer SA(a)   6,398,032    17,150,988 
Enauta Participacoes SA   1,245,209    6,178,163 
Energisa SA   1,436,434    13,425,718 
Eneva SA(a)   6,281,959    20,593,770 
Engie Brasil Energia SA   1,418,116    13,099,345 
Equatorial Energia SA   8,759,812    43,830,855 
Ez Tec Empreendimentos e Participacoes SA   1,159,646    3,969,961 
Fleury SA   2,197,487    7,018,938 
GPS Participacoes e Empreendimentos SA(b)   2,146,814    6,147,887 
Grendene SA   3,731,892    6,713,801 
Grupo De Moda Soma SA   4,407,096    10,515,717 
Grupo Mateus SA(a)   5,074,271    4,932,748 
Grupo SBF SA   1,142,323    5,780,658 
Guararapes Confeccoes SA   980,061    1,792,034 
Hapvida Participacoes e Investimentos SA(b)   39,504,149    55,857,988 
Hypera SA   3,192,410    26,056,240 
Security  Shares   Value 
         
Brazil (continued)          
Iguatemi SA   1,770,779   $7,392,296 
Instituto Hermes Pardini SA   659,337    2,934,210 
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira   530,369    2,919,370 
Iochpe Maxion SA   1,349,169    4,229,859 
IRB Brasil Resseguros S/A(a)   9,307,126    5,757,530 
JBS SA   6,816,849    51,063,077 
JHSF Participacoes SA   3,745,268    5,555,784 
Klabin SA   6,486,528    30,490,797 
Light SA   2,851,865    4,620,543 
Localiza Rent a Car SA   5,414,353    65,529,786 
Locaweb Servicos de Internet SA(a)(b)   4,401,913    6,122,323 
LOG Commercial Properties e Participacoes SA   713,719    3,378,960 
Lojas Quero Quero S/A   2,006,676    3,669,191 
Lojas Renner SA   8,644,004    48,380,450 
M. Dias Branco SA   1,004,733    5,477,614 
Magazine Luiza SA   27,192,238    21,284,390 
Marfrig Global Foods SA   3,082,602    10,137,941 
Meliuz SA(a)(b)   6,077,490    2,429,692 
Minerva SA   2,766,345    8,277,120 
Movida Participacoes SA   1,789,934    6,730,307 
MRV Engenharia e Participacoes SA   3,192,619    6,489,295 
Multiplan Empreendimentos Imobiliarios SA   2,411,282    12,222,445 
Natura & Co. Holding SA   7,931,319    27,486,049 
Odontoprev SA   3,053,495    6,489,211 
Omega Energia SA(a)   3,203,591    7,280,046 
Pet Center Comercio e Participacoes SA   2,746,335    7,009,509 
Petro Rio SA(a)   6,192,048    36,467,880 
Petroleo Brasileiro SA   32,793,532    229,500,557 
Petroreconcavo SA   742,752    4,490,066 
Qualicorp Consultoria e Corretora de Seguros SA   1,773,431    4,186,783 
Raia Drogasil SA   9,657,720    41,963,139 
Rede D’Or Sao Luiz SA(b)   3,491,589    26,316,129 
Rumo SA   11,433,598    42,534,221 
Santos Brasil Participacoes SA   4,803,787    7,358,485 
Sao Martinho SA   1,607,019    17,038,787 
Sendas Distribuidora SA   7,057,370    23,521,844 
SIMPAR SA   3,803,099    9,538,656 
SLC Agricola SA   1,123,372    12,965,030 
Smartfit Escola de Ginastica e Danca SA(a)   1,729,566    5,295,091 
Sul America SA   2,487,231    14,025,690 
Suzano SA   6,693,558    75,350,149 
Telefonica Brasil SA   4,383,382    47,084,544 
Tim SA   7,185,471    21,771,635 
TOTVS SA   4,753,271    28,374,304 
Transmissora Alianca de Energia Eletrica SA   1,754,363    14,905,930 
Ultrapar Participacoes SA   6,299,293    19,046,794 
Vale SA   34,978,588    634,502,335 
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA   2,673,531    8,477,578 
Via S/A(a)   11,053,325    7,302,909 
Vibra Energia SA   10,441,740    42,711,266 
Vivara Participacoes SA   1,212,787    6,277,590 
WEG SA   14,937,096    79,737,010 
YDUQS Participacoes SA   2,615,056    8,902,927 
         2,977,214,872 
Chile — 0.4%          
Aguas Andinas SA, Class A   29,050,938    6,092,116 
Banco de Chile.   384,013,600    39,971,017 
Banco de Credito e Inversiones SA   470,157    17,465,437 

1

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Chile (continued)          
Banco Santander Chile   552,937,118   $27,655,918 
CAP SA   708,859    9,074,476 
Cencosud SA   12,747,847    20,434,192 
Cencosud Shopping SA   4,406,507    4,691,472 
Cia. Cervecerias Unidas SA   1,100,268    7,854,001 
Cia. Sud Americana de Vapores SA   127,495,915    17,490,001 
Colbun SA   71,559,128    5,342,632 
Empresa Nacional de Telecomunicaciones SA   1,620,963    6,058,958 
Empresas CMPC SA   9,682,608    16,738,535 
Empresas COPEC SA   3,497,907    27,771,614 
Enel Americas SA   186,569,487    20,196,425 
Enel Chile SA   209,027,558    5,356,818 
Engie Energia Chile SA   6,365,819    3,056,054 
Falabella SA   6,413,614    18,779,985 
Inversiones Aguas Metropolitanas SA   5,024,197    2,464,127 
Itau CorpBanca Chile SA   2,402,262,590    6,036,788 
Parque Arauco SA   5,856,453    5,682,835 
SMU SA   22,992,937    2,847,146 
Vina Concha y Toro SA   4,986,258    7,869,248 
         278,929,795 
China — 27.9%          
360 DigiTech Inc.   754,212    11,863,755 
360 Security Technology Inc., Class A(a)   4,798,888    5,934,260 
361 Degrees International Ltd.(a)   9,639,000    4,817,707 
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A   1,444,837    4,666,588 
3SBio Inc.(a)(b)   10,909,000    8,104,734 
AAC Technologies Holdings Inc.(c)   6,289,000    13,678,452 
Advanced Micro-Fabrication Equipment Inc., Class A(a)   357,817    6,177,179 
AECC Aviation Power Co. Ltd., Class A   1,475,077    8,713,303 
Agile Group Holdings Ltd.(c)   10,058,500    4,264,500 
Agora Inc., ADR(a)(c)   574,612    3,499,387 
Agricultural Bank of China Ltd., Class A   44,044,135    19,982,888 
Agricultural Bank of China Ltd., Class H   238,277,000    90,735,646 
Aier Eye Hospital Group Co. Ltd., Class A   2,922,424    16,206,722 
Air China Ltd., Class A(a)   3,578,300    5,192,265 
Air China Ltd., Class H(a)(c)   16,704,000    12,186,280 
AK Medical Holdings Ltd.(b)(c)   4,992,000    2,962,051 
Akeso Inc.(a)(b)(c)   3,797,000    7,868,522 
Alibaba Group Holding Ltd.(a)   133,018,304    1,597,580,004 
Alibaba Health Information Technology Ltd.(a)(c)   40,252,000    20,503,201 
A-Living Smart City Services Co. Ltd., Class A(b)   4,948,500    7,889,263 
Alphamab Oncology(a)(b)   4,134,000    4,084,741 
Aluminum Corp. of China Ltd., Class A(a)   7,010,400    5,371,791 
Aluminum Corp. of China Ltd., Class H(a)   35,270,000    15,725,124 
Amlogic Shanghai Co. Ltd.(a)   214,986    3,469,469 
Anhui Conch Cement Co. Ltd., Class A   2,257,429    12,428,310 
Anhui Conch Cement Co. Ltd., Class H   10,561,000    53,492,165 
Anhui Gujing Distillery Co. Ltd., Class A   235,455    8,022,301 
Anhui Gujing Distillery Co. Ltd., Class B   934,380    13,695,989 
Anhui Kouzi Distillery Co. Ltd., Class A   411,948    3,250,425 
Anhui Yingjia Distillery Co. Ltd., Class A   348,500    3,114,078 
Anjoy Foods Group Co. Ltd., Class A   174,100    3,415,898 
ANTA Sports Products Ltd.   10,429,400    118,265,003 
Ascentage Pharma Group International(a)(b)(c)   1,792,900    3,982,491 
Asia Cement China Holdings Corp.   5,597,500    3,439,497 
Asymchem Laboratories Tianjin Co. Ltd., Class A   153,600    6,008,248 
Autobio Diagnostics Co. Ltd., Class A   416,537    2,646,155 
Autohome Inc., ADR   668,563    24,295,579 
Security  Shares   Value 
         
China (continued)          
Avary Holding Shenzhen Co. Ltd., Class A   862,000   $3,904,447 
AVIC Electromechanical Systems Co. Ltd., Class A   2,338,200    4,032,918 
AVIC Industry-Finance Holdings Co. Ltd., Class A   7,831,991    3,937,519 
AviChina Industry & Technology Co. Ltd., Class H   22,491,000    12,947,194 
Baidu Inc., ADR(a)   2,469,689    346,620,851 
Bank of Beijing Co. Ltd., Class A   13,452,006    8,902,639 
Bank of Chengdu Co. Ltd., Class A   2,722,308    6,230,082 
Bank of China Ltd., Class A   19,104,900    9,127,306 
Bank of China Ltd., Class H   694,939,000    277,816,637 
Bank of Communications Co. Ltd., Class A   20,503,680    15,069,727 
Bank of Communications Co. Ltd., Class H   74,081,000    50,454,059 
Bank of Hangzhou Co. Ltd., Class A   3,801,097    7,746,702 
Bank of Jiangsu Co. Ltd., Class A   8,212,908    7,890,847 
Bank of Nanjing Co. Ltd., Class A   5,767,389    9,329,444 
Bank of Ningbo Co. Ltd., Class A   3,605,993    17,655,565 
Bank of Shanghai Co. Ltd., Class A   10,127,765    9,719,329 
Baoshan Iron & Steel Co. Ltd., Class A   12,365,390    11,815,115 
Baozun Inc., ADR(a)(c)   535,948    4,834,251 
BBMG Corp., Class A   11,788,836    4,954,087 
BeiGene Ltd., ADR(a)(c)   416,544    57,158,168 
Beijing Capital International Airport Co. Ltd., Class H(a)   16,922,000    9,913,840 
Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H(a)   82,750    90,644 
Beijing Energy International Holding Co. Ltd.(a)   69,838,852    2,267,689 
Beijing Enlight Media Co. Ltd., Class A   2,462,594    2,856,337 
Beijing Enterprises Holdings Ltd.   3,819,500    13,371,629 
Beijing Enterprises Water Group Ltd.   38,246,000    12,670,957 
Beijing Gas Blue Sky Holdings Ltd.(a)(d)   92,816,000    605,707 
Beijing Kingsoft Office Software Inc., Class A   247,651    7,576,860 
Beijing New Building Materials PLC, Class A   1,127,919    4,873,141 
Beijing Roborock Technology Co. Ltd., Class A   43,779    4,175,312 
Beijing Shiji Information Technology Co. Ltd., Class A   844,459    2,588,997 
Beijing Shunxin Agriculture Co. Ltd., Class A   643,200    2,246,661 
Beijing Sinnet Technology Co. Ltd., Class A   1,701,787    2,485,149 
Beijing Tiantan Biological Products Corp. Ltd., Class A   990,797    3,340,989 
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.   2,912,000    3,827,477 
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A   336,399    6,419,574 
Beijing-Shanghai High Speed Railway Co. Ltd., Class A   21,504,800    15,662,942 
Betta Pharmaceuticals Co. Ltd., Class A   305,494    2,140,246 
BGI Genomics Co. Ltd., Class A   351,600    3,461,628 
Bilibili Inc., ADR(a)(c)   1,471,757    32,893,769 
Bloomage Biotechnology Corp. Ltd.   167,786    3,699,310 
BOE Technology Group Co. Ltd., Class A   19,547,500    11,072,977 
Bosideng International Holdings Ltd.(c)   29,042,000    15,454,947 
Burning Rock Biotech Ltd., ADR(a)(c)   439,146    1,053,950 
BYD Co. Ltd., Class A   966,386    42,680,860 
BYD Co. Ltd., Class H   7,246,500    257,550,207 
BYD Electronic International Co. Ltd.(c)   6,008,000    13,333,905 
By-health Co. Ltd., Class A   1,289,200    3,830,744 
C&D International Investment Group Ltd.   5,093,000    10,956,295 
Caitong Securities Co. Ltd., Class A   5,691,960    6,122,814 
Canaan Inc.(a)(c)   880,483    3,293,006 
CanSino Biologics Inc., Class H(a)(b)   700,800    7,057,734 
Canvest Environmental Protection Group Co. Ltd.   11,726,000    5,804,706 

2

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Central China Management Co. Ltd.   11,640,000   $1,692,478 
CGN New Energy Holdings Co. Ltd.   13,616,000    6,739,439 
CGN Power Co. Ltd., Class H(b)   91,458,000    23,991,094 
Changchun High & New Technology Industry Group Inc., Class A   225,142    5,585,121 
Changjiang Securities Co. Ltd., Class A   7,257,428    6,170,336 
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A   234,669    5,292,878 
Chaozhou Three-Circle Group Co. Ltd., Class A   1,510,053    6,681,152 
Chengxin Lithium Group Co. Ltd., Class A   504,900    3,716,693 
China Aircraft Leasing Group Holdings Ltd.   5,168,000    3,354,281 
China Animal Healthcare Ltd.(d)   1,237,000    2 
China Aoyuan Group Ltd.(c)(d)   10,538,000    1,402,860 
China BlueChemical Ltd., Class H   15,890,000    5,589,823 
China Cinda Asset Management Co. Ltd., Class H   70,180,000    11,893,977 
China CITIC Bank Corp. Ltd., Class H   74,448,000    36,034,504 
China Coal Energy Co. Ltd., Class H   18,334,000    16,777,790 
China Communications Services Corp. Ltd., Class H   21,562,000    10,097,221 
China Conch Environment Protection Holdings Ltd.(a)   14,474,000    9,517,515 
China Conch Venture Holdings Ltd.   14,766,000    38,410,665 
China Construction Bank Corp., Class A   5,025,868    4,499,631 
China Construction Bank Corp., Class H   841,883,000    624,101,133 
China CSSC Holdings Ltd., Class A   2,811,301    7,811,587 
China Datang Corp. Renewable Power Co. Ltd., Class H   21,941,000    7,628,823 
China East Education Holdings Ltd.(b)   5,311,500    2,504,745 
China Eastern Airlines Corp. Ltd., Class A(a)   7,704,400    5,562,910 
China Education Group Holdings Ltd.(c)   8,261,000    5,704,302 
China Energy Engineering Corp. Ltd.(a)   22,319,544    7,774,427 
China Everbright Bank Co. Ltd., Class A   21,271,682    9,932,577 
China Everbright Bank Co. Ltd., Class H   23,597,000    7,750,050 
China Everbright Environment Group Ltd.   33,186,148    19,950,321 
China Everbright Greentech Ltd.(b)(c)   15,018,000    4,016,169 
China Everbright Ltd.   8,296,000    7,601,030 
China Everbright Water Ltd.(c)   11,381,100    2,401,059 
China Evergrande Group(c)(d)   34,001,000    6,282,550 
China Feihe Ltd.(b)   31,252,000    31,542,019 
China Fiber Optic Network System Group Ltd.(d)   10,394,800    13 
China Foods Ltd.   11,058,000    3,832,510 
China Galaxy Securities Co. Ltd., Class H   36,525,500    20,135,752 
China Gas Holdings Ltd.   26,923,000    40,113,812 
China Greatwall Technology Group Co. Ltd., Class A   2,277,100    3,453,790 
China Harmony Auto Holding Ltd.   7,952,500    3,541,996 
China High Speed Transmission Equipment Group  Co. Ltd.(a)   5,235,000    2,994,643 
China Hongqiao Group Ltd.   20,749,000    25,716,745 
China Huiyuan Juice Group Ltd.(d)   10,877,000    14 
China International Capital Corp. Ltd., Class A   992,100    5,721,796 
China International Capital Corp. Ltd., Class H(b)   12,827,600    24,424,957 
China Jinmao Holdings Group Ltd.   48,392,000    13,076,879 
China Jushi Co. Ltd., Class A   2,794,062    6,821,450 
China Kepei Education Group Ltd.   66,000    13,741 
China Lesso Group Holdings Ltd.   10,097,000    12,964,447 
China Life Insurance Co. Ltd., Class A   1,684,821    6,258,307 
China Life Insurance Co. Ltd., Class H   64,715,000    99,282,131 
China Lilang Ltd.   5,724,000    2,761,117 
China Literature Ltd.(a)(b)(c)   3,676,200    16,138,647 
Security  Shares   Value 
         
China (continued)          
China Longyuan Power Group Corp. Ltd., Class H   29,738,000   $63,324,546 
China Lumena New Materials Corp.(a)(c)(d)   64,600     
China Maple Leaf Educational Systems Ltd.(a)(d)   19,720,000    847,509 
China Medical System Holdings Ltd.   12,187,000    18,008,358 
China Meidong Auto Holdings Ltd.   5,188,000    18,615,663 
China Mengniu Dairy Co. Ltd.   28,082,000    143,779,786 
China Merchants Bank Co. Ltd., Class A   10,995,877    65,138,177 
China Merchants Bank Co. Ltd., Class H   34,082,964    215,573,922 
China Merchants Land Ltd.   27,222,000    2,357,156 
China Merchants Port Holdings Co. Ltd.   12,184,270    23,120,317 
China Merchants Securities Co. Ltd., Class A   4,015,781    7,743,150 
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A   4,421,066    8,258,719 
China Metal Recycling Holdings Ltd.(d)   62,400     
China Minsheng Banking Corp. Ltd., Class A   18,825,817    10,743,136 
China Minsheng Banking Corp. Ltd., Class H   47,562,220    18,420,905 
China Modern Dairy Holdings Ltd.(c)   30,808,000    4,429,781 
China Molybdenum Co. Ltd., Class A   11,717,671    8,328,950 
China Molybdenum Co. Ltd., Class H   27,294,000    13,355,156 
China National Building Material Co. Ltd., Class H   34,266,850    43,223,279 
China National Chemical Engineering Co. Ltd., Class A   4,425,222    6,227,527 
China National Nuclear Power Co. Ltd., Class A   10,417,409    11,307,136 
China New Higher Education Group Ltd.(b)   10,035,000    3,126,321 
China Nonferrous Mining Corp Ltd.   11,983,000    6,856,416 
China Northern Rare Earth Group High-Tech Co. Ltd., Class A   2,078,700    10,808,087 
China Oilfield Services Ltd., Class H   15,464,000    18,207,837 
China Oriental Group Co. Ltd.   14,326,000    3,755,578 
China Overseas Grand Oceans Group Ltd.   16,230,500    8,266,593 
China Overseas Land & Investment Ltd.   33,369,000    96,833,332 
China Overseas Property Holdings Ltd.   12,160,000    14,138,825 
China Pacific Insurance Group Co. Ltd., Class A   3,946,742    12,528,201 
China Pacific Insurance Group Co. Ltd., Class H   22,875,200    53,367,012 
China Petroleum & Chemical Corp., Class A   18,010,350    11,957,173 
China Petroleum & Chemical Corp., Class H   211,132,200    101,124,446 
China Power International Development Ltd.   49,053,000    24,900,061 
China Railway Group Ltd., Class A   11,856,166    11,656,060 
China Railway Group Ltd., Class H   33,982,000    23,486,940 
China Renaissance Holdings Ltd.(b)   1,847,200    2,302,958 
China Renewable Energy Investment Ltd.(d)   8,046     
China Resources Beer Holdings Co. Ltd.   13,710,000    85,449,893 
China Resources Cement Holdings Ltd.   20,458,000    16,171,158 
China Resources Gas Group Ltd.   8,104,000    33,906,461 
China Resources Land Ltd.   28,309,777    125,998,783 
China Resources Medical Holdings Co. Ltd.   9,526,000    5,240,774 
China Resources Microelectronics Ltd.   642,511    5,067,768 
China Resources Mixc Lifestyle Services Ltd.(b)   5,860,600    28,884,427 
China Resources Power Holdings Co. Ltd.   17,190,000    35,351,439 
China Resources Sanjiu Medical & Pharmaceutical  Co. Ltd., Class A   748,027    4,916,999 
China Ruyi Holdings Ltd.(a)(c)   39,351,200    11,239,463 
China SCE Group Holdings Ltd.   18,590,200    2,746,470 
China Shenhua Energy Co. Ltd., Class A   3,892,529    19,766,363 
China Shenhua Energy Co. Ltd., Class H   29,609,000    98,882,888 
China Shineway Pharmaceutical Group Ltd.   4,476,000    3,366,445 
China South City Holdings Ltd.   47,430,000    3,983,450 
China Southern Airlines Co. Ltd., Class A(a)   6,847,384    6,651,435 
China Southern Airlines Co. Ltd., Class H(a)   13,518,000    7,459,884 

3

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
China State Construction Engineering Corp. Ltd., Class A   20,389,619   $16,815,112 
China State Construction International Holdings Ltd.   18,276,000    21,479,622 
China Suntien Green Energy Corp. Ltd., Class H   15,820,000    9,217,571 
China Taiping Insurance Holdings Co. Ltd.   12,370,708    14,206,043 
China Three Gorges Renewables Group Co. Ltd., Class A   15,198,970    14,105,835 
China Tobacco International HK Co. Ltd.   3,692,000    5,532,603 
China Tourism Group Duty Free Corp. Ltd., Class A   1,040,979    27,387,823 
China Tower Corp. Ltd., Class H(b)   354,014,000    41,479,576 
China Traditional Chinese Medicine Holdings  Co. Ltd.   24,304,000    12,829,980 
China Travel International Investment Hong  Kong Ltd.(a)(c)   32,790,000    6,102,905 
China United Network Communications Ltd., Class A   15,823,925    8,239,118 
China Vanke Co. Ltd., Class A   5,578,268    14,863,231 
China Vanke Co. Ltd., Class H   14,273,287    31,537,802 
China Water Affairs Group Ltd.(c)   8,658,000    8,615,077 
China Yangtze Power Co. Ltd., Class A   14,097,525    50,649,420 
China Youzan Ltd.(a)(c)   160,860,000    2,372,373 
China Yuchai International Ltd.   135,587    1,423,664 
China Yuhua Education Corp. Ltd.(b)(c)   15,574,000    2,224,987 
China Zhenhua Group Science & Technology Co. Ltd., Class A   328,100    5,859,833 
China Zheshang Bank Co. Ltd., Class A   15,359,900    7,472,419 
China Zhongwang Holdings Ltd.(a)(c)(d)   15,649,600    2,098,533 
Chinasoft International Ltd.   23,548,000    21,640,691 
Chindata Group Holdings Ltd., ADR(a)(c)   1,114,280    8,345,957 
Chongqing Brewery Co. Ltd., Class A(a)   303,800    5,895,562 
Chongqing Changan Automobile Co. Ltd., Class A   3,585,896    7,476,023 
Chongqing Zhifei Biological Products Co. Ltd., Class A   854,776    11,173,282 
CIFI Ever Sunshine Services Group Ltd.   6,740,000    7,809,338 
CIFI Holdings Group Co. Ltd.(c)   30,302,500    13,142,929 
CIMC Enric Holdings Ltd.(c)   7,386,000    7,753,468 
CITIC Ltd.   51,479,000    57,734,041 
CITIC Securities Co. Ltd., Class A   7,114,554    21,036,895 
CITIC Securities Co. Ltd., Class H   17,861,400    38,658,332 
CMGE Technology Group Ltd.   16,234,000    4,260,991 
CNGR Advanced Material Co. Ltd.   235,000    3,705,857 
COFCO Joycome Foods Ltd.   21,791,000    8,898,774 
Colour Life Services Group Co. Ltd.(c)(d)   4,592,000    321,192 
Concord New Energy Group Ltd.   76,880,000    7,638,260 
Contemporary Amperex Technology Co. Ltd., Class A   1,256,051    76,475,961 
COSCO SHIPPING Holdings Co. Ltd., Class A(a)   6,855,046    15,674,758 
COSCO SHIPPING Holdings Co. Ltd., Class H(a)   27,989,100    49,524,257 
COSCO SHIPPING International Hong Kong  Co. Ltd.   12,220,000    3,535,992 
COSCO SHIPPING Ports Ltd.   16,528,000    12,462,662 
Country Garden Holdings Co. Ltd.   68,054,733    42,551,839 
Country Garden Services Holdings Co. Ltd.   17,764,000    70,242,841 
CPMC Holdings Ltd.   80,000    33,003 
CRRC Corp. Ltd., Class A   12,430,200    9,412,444 
CRRC Corp. Ltd., Class H   37,691,000    15,118,720 
CSC Financial Co. Ltd., Class A   2,459,292    8,245,539 
CSPC Pharmaceutical Group Ltd.   79,227,760    84,652,860 
Security  Shares   Value 
         
China (continued)          
CStone Pharmaceuticals(a)(b)(c)(d)   5,974,500   $3,546,450 
Dada Nexus Ltd., ADR(a)(c)   535,952    4,046,438 
Dali Foods Group Co. Ltd.(b)   18,680,000    9,407,831 
Daqin Railway Co. Ltd., Class A   7,905,700    7,935,154 
Daqo New Energy Corp., ADR(a)   512,099    25,041,641 
DaShenLin Pharmaceutical Group Co. Ltd., Class A   695,274    3,415,431 
DHC Software Co. Ltd., Class A   3,872,698    3,425,283 
Differ Group Holding Co. Ltd.(c)   30,540,000    8,253,261 
Digital China Holdings Ltd.   9,430,000    4,442,609 
Dongfeng Motor Group Co. Ltd., Class H   23,886,000    18,758,817 
Dongxing Securities Co. Ltd., Class A   3,647,267    4,460,434 
Dongyue Group Ltd.   13,188,000    16,734,833 
DouYu International Holdings Ltd., ADR(a)(c)   1,295,487    1,671,178 
East Money Information Co. Ltd., Class A   6,957,255    23,509,167 
Ecovacs Robotics Co. Ltd., Class A   312,400    5,451,256 
EHang Holdings Ltd., ADR(a)(c)   276,459    2,466,014 
ENN Energy Holdings Ltd.   7,010,600    107,262,401 
Eve Energy Co. Ltd., Class A   1,060,977    12,724,212 
Everbright Securities Co. Ltd., Class A   2,633,086    4,550,013 
Everest Medicines Ltd.(a)(b)   1,404,000    3,946,058 
Excellence Commercial Property & Facilities Management Group Ltd.(c)   4,306,000    2,110,428 
Fangda Carbon New Material Co. Ltd., Class A   2,859,584    3,013,568 
Fanhua Inc., ADR   45,612    233,990 
Far East Horizon Ltd.   12,679,000    11,232,046 
Fiberhome Telecommunication Technologies Co. Ltd., Class A   1,392,498    2,942,539 
FinVolution Group, ADR(c)   1,169,159    4,922,159 
Fire Rock Holdings Ltd.(c)(d)   19,668,000    1,297,198 
First Capital Securities Co. Ltd., Class A   3,892,000    3,266,165 
Flat Glass Group Co. Ltd., Class A   952,900    6,254,935 
Flat Glass Group Co. Ltd., Class H   3,648,000    15,164,098 
Focus Media Information Technology Co. Ltd., Class A   8,854,699    8,486,480 
Foshan Haitian Flavouring & Food Co. Ltd., Class A   2,075,016    23,742,083 
Fosun International Ltd.   22,963,500    23,283,740 
Founder Securities Co. Ltd., Class A   8,050,387    7,541,127 
Foxconn Industrial Internet Co. Ltd., Class A   4,819,634    6,782,233 
Fu Shou Yuan International Group Ltd.   10,838,000    7,547,225 
Fufeng Group Ltd.   16,445,400    7,708,222 
Fuyao Glass Industry Group Co. Ltd., Class A   1,218,600    7,295,175 
Fuyao Glass Industry Group Co. Ltd., Class H(b)   5,237,600    25,333,146 
Ganfeng Lithium Co. Ltd., Class A   672,084    11,935,429 
Ganfeng Lithium Co. Ltd., Class H(b)   2,282,000    29,249,646 
Gaotu Techedu Inc., ADR(a)(c)   1,172,968    1,524,858 
GD Power Development Co. Ltd., Class A   9,152,900    4,936,026 
GDS Holdings Ltd., ADR(a)(c)   792,372    22,178,492 
Geely Automobile Holdings Ltd.   52,161,000    99,558,001 
Gemdale Corp., Class A   3,071,596    5,456,384 
Gemdale Properties & Investment Corp. Ltd.   67,076,000    6,493,872 
Genertec Universal Medical Group Co. Ltd.(b)   11,770,500    7,544,482 
Genscript Biotech Corp.(a)   10,404,000    30,786,966 
GF Securities Co. Ltd., Class A   3,009,230    7,685,875 
GF Securities Co. Ltd., Class H   10,456,600    13,812,674 
Gigadevice Semiconductor Beijing Inc., Class A   394,835    8,458,553 
Ginlong Technologies Co. Ltd., Class A   258,450    6,529,167 
Glory Sun Financial Group Ltd.(a)(c)   170,304,000    737,365 
GoerTek Inc., Class A   1,944,962    11,817,678 

4

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
GOME Retail Holdings Ltd.(a)(c)   111,815,000   $5,558,732 
Gotion High-tech Co. Ltd., Class A(a)   1,015,600    5,590,172 
Grand Pharmaceutical Group Ltd., Class A   13,961,500    7,645,394 
Great Wall Motor Co. Ltd., Class A   1,320,400    6,550,671 
Great Wall Motor Co. Ltd., Class H   27,089,500    48,688,992 
Gree Electric Appliances Inc. of Zhuhai, Class A   1,572,900    7,557,655 
Greenland Holdings Corp. Ltd., Class A   5,584,303    3,203,947 
Greenland Hong Kong Holdings Ltd.   9,314,000    1,792,507 
Greentown China Holdings Ltd.   7,571,500    13,109,062 
Greentown Management Holdings Co. Ltd.(b)(c)   7,077,000    5,130,687 
Greentown Service Group Co. Ltd.   12,776,000    12,850,542 
Guangdong Haid Group Co. Ltd., Class A   1,004,120    8,987,310 
Guangdong Investment Ltd.   25,962,000    32,735,160 
Guangdong Kinlong Hardware Products Co. Ltd., Class A   226,900    2,848,587 
Guanghui Energy Co. Ltd., Class A(a)   4,613,800    7,291,677 
Guangzhou Automobile Group Co. Ltd., Class A   3,036,199    6,813,312 
Guangzhou Automobile Group Co. Ltd., Class H   25,999,200    24,588,951 
Guangzhou Baiyunshan Pharmaceutical Holdings  Co. Ltd., Class A   1,547,688    7,172,541 
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A   325,600    3,698,017 
Guangzhou R&F Properties Co. Ltd., Class H(c)   12,559,200    4,453,569 
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A   429,083    4,499,007 
Guangzhou Tinci Materials Technology Co. Ltd., Class A   1,218,396    6,911,215 
Guosen Securities Co. Ltd., Class A   5,402,867    7,371,774 
Guotai Junan Securities Co. Ltd., Class A   3,714,191    8,040,255 
Guoyuan Securities Co. Ltd., Class A   3,706,271    3,196,853 
Haichang Ocean Park Holdings Ltd.(a)(b)   12,272,000    10,978,367 
Haidilao International Holding Ltd.(b)(c)   9,535,000    18,912,495 
Haier Smart Home Co. Ltd., Class A   3,812,437    14,463,230 
Haier Smart Home Co. Ltd., Class H   19,806,800    70,419,772 
Hainan Meilan International Airport Co. Ltd., Class H(a)   1,769,000    3,580,700 
Haitian International Holdings Ltd.   5,629,000    14,439,229 
Haitong Securities Co. Ltd., Class A   6,272,531    8,560,290 
Haitong Securities Co. Ltd., Class H   21,451,200    15,192,180 
Hangzhou First Applied Material Co. Ltd., Class A   810,020    9,568,719 
Hangzhou Lion Electronics Co. Ltd.   357,800    3,305,985 
Hangzhou Robam Appliances Co. Ltd., Class A   842,709    3,848,017 
Hangzhou Silan Microelectronics Co. Ltd., Class A   855,800    5,750,367 
Hangzhou Steam Turbine Co. Ltd., Class B   5,273,662    7,352,842 
Hangzhou Tigermed Consulting Co. Ltd., Class A   253,074    3,249,520 
Hangzhou Tigermed Consulting Co. Ltd., Class H(b)   1,013,700    9,773,232 
Hansoh Pharmaceutical Group Co. Ltd.(b)   10,362,000    18,639,811 
Harbin Electric Co. Ltd., Class H   8,374,000    2,341,150 
Helens International Holdings Co. Ltd. (a)   2,403,000    4,164,645 
Hello Group Inc., ADR   1,376,260    8,367,661 
Henan Shuanghui Investment & Development Co. Ltd., Class A   1,866,132    7,907,821 
Hengan International Group Co. Ltd.   5,456,500    27,017,493 
Hengli Petrochemical Co. Ltd., Class A   3,313,130    11,664,941 
Hengyi Petrochemical Co. Ltd., Class A   3,411,461    5,442,065 
Hithink RoyalFlush Information Network Co. Ltd., Class A   370,002    4,714,842 
Hongfa Technology Co. Ltd., Class A   463,620    3,664,921 
Hope Education Group Co. Ltd.(b)   32,220,000    1,947,156 
Security  Shares   Value 
         
China (continued)          
Hopson Development Holdings Ltd.(c)   6,433,590   $10,480,551 
Hoshine Silicon Industry Co. Ltd., Class A   315,823    4,386,797 
Hua Han Health Industry Holdings Ltd.(d)   22,424,288    29 
Hua Hong Semiconductor Ltd.(a)(b)   4,666,000    17,726,547 
Hua Medicine(a)(b)   7,236,500    3,606,952 
Huabao International Holdings Ltd.(c)   8,608,000    4,629,214 
Huadong Medicine Co. Ltd., Class A   1,145,551    6,633,822 
Huafon Chemical Co. Ltd., Class A   3,534,366    4,365,592 
Hualan Biological Engineering Inc., Class A   1,144,820    3,204,963 
Huaneng Power International Inc., Class A   5,341,826    5,913,579 
Huaneng Power International Inc., Class H   35,182,000    17,858,855 
Huatai Securities Co. Ltd., Class A   4,107,951    8,175,833 
Huatai Securities Co. Ltd., Class H(b)   12,751,400    17,846,557 
Huaxia Bank Co. Ltd., Class A   9,092,318    7,242,553 
Huaxin Cement Co. Ltd., Class A   1,105,724    3,278,790 
Huayu Automotive Systems Co. Ltd., Class A   2,020,510    6,659,444 
Huazhu Group Ltd., ADR   1,635,378    53,149,785 
Hubei Xingfa Chemicals Group Co. Ltd., Class A   581,300    3,272,452 
Huizhou Desay Sv Automotive Co. Ltd., Class A   285,000    5,403,877 
Humanwell Healthcare Group Co. Ltd., Class A   992,100    2,477,435 
Hundsun Technologies Inc., Class A   1,146,227    6,864,142 
Hutchmed China Ltd., ADR(a)(c)   782,904    8,236,150 
HUYA Inc., ADR(a)   724,930    3,066,454 
Hygeia Healthcare Holdings Co. Ltd.(b)(c)   3,066,800    17,024,433 
iClick Interactive Asia Group Ltd., ADR(a)(c)   207,954    116,662 
iDreamSky Technology Holdings Ltd.(a)(b)   4,606,400    3,122,903 
Iflytek Co. Ltd., Class A   1,378,284    7,486,967 
I-Mab, ADR(a)(c)   387,056    3,367,387 
IMAX China Holding Inc.(b)   22,700    24,982 
Imeik Technology Development Co. Ltd., Class A   106,300    8,580,335 
Industrial & Commercial Bank of China Ltd., Class A   33,420,880    23,323,909 
Industrial & Commercial Bank of China Ltd., Class H   493,221,000    295,350,769 
Industrial Bank Co. Ltd., Class A   10,993,190    32,298,002 
Industrial Securities Co. Ltd., Class A   5,558,424    5,139,890 
Ingenic Semiconductor Co. Ltd., Class A   308,203    4,285,662 
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A(a)   27,200,700    8,160,589 
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A   5,874,400    3,801,271 
Inner Mongolia Yili Industrial Group Co. Ltd., Class A   3,300,462    18,747,515 
Inner Mongolia Yitai Coal Co. Ltd., Class B   10,914,895    18,161,174 
Innovent Biologics Inc.(a)(b)   9,130,000    28,276,099 
Inspur Electronic Information Industry Co. Ltd., Class A   1,437,572    5,293,249 
Inspur International Ltd.(a)   6,426,000    2,226,803 
Intco Medical Technology Co. Ltd., Class A   359,350    1,479,299 
iQIYI Inc., ADR(a)(c)   2,834,486    11,621,393 
JA Solar Technology Co. Ltd., Class A   895,500    12,512,312 
Jafron Biomedical Co. Ltd., Class A   574,773    3,778,767 
Jason Furniture Hangzhou Co. Ltd., Class A   621,859    5,936,903 
JCET Group Co. Ltd., Class A   1,212,500    4,380,623 
JD Health International Inc.(a)(b)(c)   9,718,750    61,687,770 
JD.com Inc., Class A   17,621,204    494,985,984 
Jiangsu Eastern Shenghong Co. Ltd., Class A   2,551,500    5,947,019 
Jiangsu Expressway Co. Ltd., Class H   10,038,000    10,359,904 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   818,196    6,525,097 
Jiangsu Hengrui Medicine Co. Ltd., Class A   3,399,455    15,389,016 

5

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Jiangsu King’s Luck Brewery JSC Ltd., Class A   861,856   $5,923,336 
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A   816,251    20,118,766 
Jiangsu Yangnong Chemical Co. Ltd., Class A   161,900    3,575,115 
Jiangsu Zhongtian Technology Co. Ltd., Class A   1,873,400    5,142,001 
Jiangxi Copper Co. Ltd., Class H   11,991,000    19,405,930 
Jiangxi Zhengbang Technology Co. Ltd., Class A   2,760,763    2,568,355 
Jiayuan International Group Ltd.(c)(d)   17,032,000    759,660 
Jinchuan Group International Resources Co. Ltd.   36,943,000    3,943,069 
Jinke Properties Group Co. Ltd., Class A   3,811,900    1,788,826 
JinkoSolar Holding Co. Ltd., ADR(a)(c)   348,211    21,334,888 
Jinxin Fertility Group Ltd.(a)(b)(c)   12,872,000    10,098,331 
JiuGui Liquor Co. Ltd., Class A   221,700    5,198,760 
Jiumaojiu International Holdings Ltd.(b)(c)   6,532,000    15,310,505 
JNBY Design Ltd.   2,656,500    2,919,224 
Jonjee Hi-Tech Industrial And Commercial Holding  Co. Ltd., Class A   627,042    2,447,170 
Joy Spreader Group Inc.(a)   11,737,000    4,801,174 
JOYY Inc., ADR   495,167    20,990,129 
Juewei Food Co. Ltd., Class A   478,900    3,700,294 
JW Cayman Therapeutics Co. Ltd.(a)(b)(c)   2,675,500    2,546,328 
Kaisa Group Holdings Ltd.(c)(d)   28,384,000    2,689,846 
Kangji Medical Holdings Ltd.(c)   4,021,500    3,433,881 
Kanzhun Ltd., ADR(a)(c)   668,774    13,522,610 
KE Holdings Inc., ADR(a)   2,775,372    37,189,985 
Kingboard Holdings Ltd.   5,991,200    28,664,284 
Kingdee International Software Group Co. Ltd.(a)(c)   23,215,000    45,716,726 
Kingfa Sci & Tech Co. Ltd., Class A   2,054,500    2,745,955 
Kingsoft Cloud Holdings Ltd., ADR(a)(c)   930,941    4,487,136 
Kingsoft Corp. Ltd.   8,517,400    28,514,654 
Kintor Pharmaceutical Ltd. (a)(b)   1,621,000    4,947,363 
Konka Group Co. Ltd., Class B   10,110,618    2,601,178 
Koolearn Technology Holding Ltd.(a)(b)(c)   3,738,500    1,759,172 
Kuaishou Technology(a)(b)   15,261,200    147,762,045 
Kuang-Chi Technologies Co. Ltd., Class A(a)   1,469,250    3,433,772 
Kunlun Energy Co. Ltd.   35,218,000    30,184,710 
Kweichow Moutai Co. Ltd., Class A   662,073    178,448,894 
KWG Group Holdings Ltd.(c)   11,278,500    3,540,879 
KWG Living Group Holdings Ltd.   11,135,999    3,469,043 
LB Group Co. Ltd., Class A   1,645,707    4,668,592 
Lee & Man Paper Manufacturing Ltd.   13,479,000    6,545,124 
Legend Biotech Corp., ADR(a)(c)   405,168    17,134,555 
Lenovo Group Ltd.(c)   64,446,000    63,499,176 
Lens Technology Co. Ltd., Class A   2,939,415    4,635,541 
Lepu Medical Technology Beijing Co. Ltd., Class A   1,518,682    4,014,465 
LexinFintech Holdings Ltd., ADR(a)(c)   1,157,492    2,338,134 
Li Auto Inc., ADR(a)(c)   4,831,787    121,132,900 
Li Ning Co. Ltd.   20,865,500    162,796,246 
Lifetech Scientific Corp. (a)   33,650,000    10,377,954 
Lingyi iTech Guangdong Co., Class A(a)   5,049,233    3,598,247 
Logan Group Co. Ltd.(c)(d)   11,502,000    3,035,559 
Longfor Group Holdings Ltd.(b)   16,125,000    80,241,287 
LONGi Green Energy Technology Co. Ltd., Class A   2,906,135    34,232,465 
Lonking Holdings Ltd.   21,846,000    5,699,267 
Lufax Holding Ltd., ADR   7,319,749    46,041,221 
Luxshare Precision Industry Co. Ltd., Class A   3,902,416    19,720,818 
Luye Pharma Group Ltd. (a)(b)   17,173,500    5,382,725 
Luzhou Laojiao Co. Ltd., Class A   793,408    25,434,272 
Mango Excellent Media Co. Ltd., Class A   1,140,432    6,170,502 
Security  Shares   Value 
         
China (continued)          
Maoyan Entertainment(a)(b)(c)   5,740,400   $4,559,998 
Maxscend Microelectronics Co. Ltd., Class A   210,320    6,093,351 
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A(a)   2,807,528    2,147,387 
Meitu Inc.(a)(b)(c)   23,911,500    2,864,532 
Meituan, Class B(a)(b)   35,920,600    842,880,536 
Metallurgical Corp. of China Ltd., Class A   11,952,500    6,309,817 
MH Development Ltd.(d)   4,108,000    211,331 
Microport Scientific Corp.(c)   5,788,100    11,463,586 
Midea Real Estate Holding Ltd.(b)   2,816,800    4,451,787 
Ming Yang Smart Energy Group Ltd., Class A   1,264,600    4,802,140 
Ming Yuan Cloud Group Holdings Ltd.(c)   6,312,000    7,790,758 
Minth Group Ltd.   6,668,000    17,266,651 
MMG Ltd.(a)   25,807,999    10,936,686 
Mobvista Inc.(a)(b)(c)   6,135,000    3,833,140 
Montage Technology Co. Ltd., Class A   632,200    6,077,344 
Muyuan Foods Co. Ltd., Class A   2,863,083    21,914,365 
Nanjing Securities Co. Ltd., Class A   3,520,987    3,999,758 
NARI Technology Co. Ltd., Class A   3,265,956    16,709,208 
National Silicon Industry Group Co. Ltd., Class A(a)   1,404,219    4,683,443 
NAURA Technology Group Co. Ltd., Class A   288,975    11,634,856 
NavInfo Co. Ltd., Class A(a)   2,032,950    3,998,817 
NetDragon Websoft Holdings Ltd.   2,883,000    5,793,089 
NetEase Inc.   18,228,635    381,232,161 
New China Life Insurance Co. Ltd., Class A   1,249,301    5,262,166 
New China Life Insurance Co. Ltd., Class H   6,768,100    17,708,366 
New Hope Liuhe Co. Ltd., Class A(a)   2,987,044    6,375,641 
New Horizon Health Ltd.(a)(b)   1,674,000    3,583,852 
New Oriental Education & Technology  Group Inc., ADR(a)(c)   1,368,019    17,866,328 
Newborn Town Inc.(a)   7,600,000    2,611,469 
Nexteer Automotive Group Ltd.   7,913,000    5,109,395 
Ninestar Corp., Class A   1,162,000    7,610,643 
Ningbo Ronbay New Energy Technology Co. Ltd.   238,717    3,326,053 
Ningbo Shanshan Co. Ltd.   1,547,900    5,291,451 
Ningbo Tuopu Group Co. Ltd., Class A   667,300    5,839,611 
Ningxia Baofeng Energy Group Co. Ltd., Class A   3,889,200    9,039,173 
NIO Inc., ADR(a)(c)   11,559,213    201,014,714 
Niu Technologies, ADR(a)(c)   326,962    2,560,112 
Noah Holdings Ltd., ADR(a)(c)   300,209    5,511,837 
Nongfu Spring Co. Ltd., Class H(b)(c)   15,514,800    86,380,788 
Offshore Oil Engineering Co. Ltd., Class A   2,630,600    1,745,969 
OFILM Group Co. Ltd., Class A(a)   2,485,289    2,127,340 
OneConnect Financial Technology Co. Ltd., ADR(a)   1,320,517    1,809,108 
Oppein Home Group Inc., Class A   387,880    6,949,457 
Orient Securities Co. Ltd., Class A   5,107,007    7,116,410 
Ovctek China Inc., Class A   584,565    4,020,841 
Peijia Medical Ltd.(a)(b)(c)   3,963,000    3,430,770 
People’s Insurance Co. Group of China Ltd. (The), Class H   78,364,000    24,653,153 
Perfect World Co. Ltd., Class A   1,372,986    2,793,770 
PetroChina Co. Ltd., Class A   11,552,000    9,669,933 
PetroChina Co. Ltd., Class H   186,158,000    98,030,363 
Pharmaron Beijing Co. Ltd., Class A   390,300    6,963,241 
Pharmaron Beijing Co. Ltd., Class H(b)   1,163,900    14,036,646 
PICC Property & Casualty Co. Ltd., Class H   59,543,040    57,658,927 
Pinduoduo Inc., ADR(a)   3,858,077    194,254,177 
Ping An Bank Co. Ltd., Class A   10,350,936    21,887,045 
Ping An Healthcare and Technology Co. Ltd.(a)(b)(c)   4,115,400    11,066,685 

6

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Ping An Insurance Group Co. of China Ltd., Class A   5,942,816   $39,248,236 
Ping An Insurance Group Co. of China Ltd., Class H   55,024,500    352,312,375 
Poly Developments and Holdings Group Co. Ltd., Class A   6,604,911    15,304,818 
Poly Property Group Co. Ltd.   17,699,000    4,237,498 
Pop Mart International Group Ltd.(b)   5,123,000    19,748,541 
Postal Savings Bank of China Co. Ltd., Class A   13,408,500    10,548,236 
Postal Savings Bank of China Co. Ltd., Class H(b)   70,898,000    52,657,955 
Pou Sheng International Holdings Ltd.(a)   25,440,000    2,686,677 
Power Construction Corp. of China Ltd., Class A   8,428,344    9,829,649 
Powerlong Commercial Management  Holdings Ltd.(c)   2,405,000    1,907,569 
Powerlong Real Estate Holdings Ltd.(c)   10,815,000    2,905,192 
Q Technology Group Co. Ltd.(a)(c)   4,873,000    3,362,889 
Redco Properties Group Ltd.(b)(c)   11,296,000    2,834,539 
Redsun Properties Group Ltd.(c)   16,239,000    4,987,255 
RLX Technology Inc., ADR(a)(c)   4,516,397    8,942,466 
Road King Infrastructure Ltd.   3,511,000    2,704,759 
Rongsheng Petrochemical Co. Ltd., Class A   5,534,479    13,201,585 
Ronshine China Holdings Ltd.   7,181,500    1,911,926 
SAIC Motor Corp. Ltd., Class A   4,103,300    10,542,985 
Sangfor Technologies Inc., Class A   294,500    4,155,222 
Sany Heavy Equipment International Holdings  Co. Ltd.   10,915,000    10,984,848 
Sany Heavy Industry Co. Ltd., Class A   4,620,211    11,690,353 
Satellite Chemical Co. Ltd., Class A   1,083,600    6,378,982 
SDIC Capital Co. Ltd., Class A   6,044,240    5,553,130 
SDIC Power Holdings Co. Ltd., Class A   4,937,828    7,639,541 
Seazen Group Ltd.   17,542,000    7,431,949 
Seazen Holdings Co. Ltd., Class A   1,319,526    4,790,505 
SF Holding Co. Ltd., Class A   2,580,392    20,011,134 
SG Micro Corp., Class A   155,400    6,682,770 
Shaanxi Coal Industry Co. Ltd., Class A   5,652,590    16,063,161 
Shandong Gold Mining Co. Ltd., Class A   2,434,601    6,667,315 
Shandong Gold Mining Co. Ltd., Class H(b)   4,797,500    8,492,351 
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A   1,466,550    6,538,095 
Shandong Linglong Tyre Co. Ltd., Class A   962,941    3,062,988 
Shandong Nanshan Aluminum Co. Ltd., Class A   5,504,700    2,927,374 
Shandong Weigao Group Medical Polymer Co. Ltd., Class H   22,402,800    24,852,534 
Shanghai Bairun Investment Holding Group Co. Ltd., Class A   582,860    3,085,661 
Shanghai Baosight Software Co. Ltd., Class A   840,225    6,548,929 
Shanghai Baosight Software Co. Ltd., Class B   3,451,947    13,487,192 
Shanghai Chlor-Alkali Chemical Co. Ltd., Class B   7,232,909    5,506,891 
Shanghai Construction Group Co. Ltd., Class A   7,499,500    3,520,072 
Shanghai Electric Group Co. Ltd., Class A   7,342,000    4,466,878 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A   1,093,300    7,165,894 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H   4,417,000    18,588,018 
Shanghai Haixin Group Co., Class B   7,618,691    2,283,885 
Shanghai Industrial Holdings Ltd.   5,158,000    7,749,647 
Shanghai Industrial Urban Development  Group Ltd.   29,902,200    2,552,520 
Shanghai International Airport Co. Ltd., Class A(a)   731,603    5,509,823 
Security  Shares   Value 
         
China (continued)          
Shanghai International Port Group Co. Ltd., Class A   6,654,100   $6,215,124 
Shanghai Jinjiang International Hotels Co. Ltd., Class A   636,578    5,134,008 
Shanghai Junshi Biosciences Co. Ltd., Class A(a)   256,915    3,251,319 
Shanghai Lujiazui Finance & Trade Zone  Development Co. Ltd., Class B   11,088,313    10,300,145 
Shanghai M&G Stationery Inc., Class A   693,847    5,371,446 
Shanghai Pharmaceuticals Holding Co. Ltd., Class A   1,579,900    4,260,085 
Shanghai Pharmaceuticals Holding Co. Ltd., Class H   6,980,400    11,365,323 
Shanghai Pudong Development Bank Co. Ltd., Class A   15,635,733    18,582,210 
Shanghai Putailai New Energy Technology Co. Ltd., Class A   434,260    8,343,529 
Shanghai RAAS Blood Products Co. Ltd., Class A   5,572,734    4,696,525 
Shanxi Coking Coal Energy Group Co. Ltd., Class A   2,542,900    5,435,875 
Shanxi Lu’an Environmental Energy Development  Co. Ltd., Class A   1,973,000    4,708,245 
Shanxi Meijin Energy Co. Ltd., Class A(a)   2,778,043    4,802,035 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A   665,219    27,037,076 
Shengyi Technology Co. Ltd., Class A   1,734,408    4,212,617 
Shennan Circuits Co. Ltd., Class A   317,971    4,375,139 
Shenwan Hongyuan Group Co. Ltd., Class A   14,277,892    8,645,242 
Shenzhen Dynanonic Co. Ltd.   96,782    4,308,977 
Shenzhen Goodix Technology Co. Ltd., Class A   316,252    2,726,195 
Shenzhen Inovance Technology Co. Ltd., Class A   1,441,742    13,174,752 
Shenzhen International Holdings Ltd.   9,628,250    9,271,218 
Shenzhen Investment Ltd.   27,394,000    5,891,239 
Shenzhen Kangtai Biological Products Co. Ltd., Class A   410,000    3,826,129 
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A   652,446    29,462,349 
Shenzhen Overseas Chinese Town Co. Ltd., Class A   5,082,002    4,350,366 
Shenzhen Transsion Holding Co. Ltd., Class A   413,334    5,425,010 
Shenzhou International Group Holdings Ltd.   7,310,900    100,370,131 
Shimao Group Holdings Ltd.(c)(d)   9,841,500    4,907,469 
Shimao Services Holdings Ltd.(b)(c)(d)   8,520,000    4,072,113 
Shoucheng Holdings Ltd.   24,750,800    3,561,996 
Shougang Fushan Resources Group Ltd.   19,444,000    8,404,297 
Shui On Land Ltd.   46,960,666    6,639,370 
Sichuan Chuantou Energy Co. Ltd., Class A   3,619,823    6,521,039 
Sichuan Kelun Pharmaceutical Co. Ltd., Class A   1,594,420    4,245,413 
Sichuan Road & Bridge Co. Ltd., Class A   3,531,300    5,623,207 
Sichuan Swellfun Co. Ltd., Class A   341,100    3,856,617 
Sihuan Pharmaceutical Holdings Group Ltd.(c)   36,896,000    5,302,267 
Sino Biopharmaceutical Ltd.   91,964,000    51,558,706 
Sinofert Holdings Ltd.   26,246,000    4,213,832 
Sinolink Securities Co. Ltd., Class A   2,932,600    3,596,154 
Sinoma Science & Technology Co. Ltd., Class A   1,025,600    3,449,892 
Sino-Ocean Group Holding Ltd.   29,369,500    5,199,781 
Sinopec Engineering Group Co. Ltd., Class H   15,691,500    8,009,032 
Sinopec Kantons Holdings Ltd.   13,548,000    4,619,153 
Sinopharm Group Co. Ltd., Class H   11,717,600    28,982,693 
Sinotruk Hong Kong Ltd.   6,225,500    8,829,441 
Skshu Paint Co. Ltd., Class A   285,420    3,971,550 

7

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
           
China (continued)          
Skyfame Realty Holdings Ltd.   54,534,000   $646,302 
Skyworth Group Ltd.   14,378,000    7,335,880 
Smoore International Holdings Ltd.(b)(c)   16,067,000    39,296,034 
SOHO China Ltd.(a)   20,370,000    3,864,145 
Sohu.com Ltd., ADR(a)(c)   290,123    4,192,277 
Songcheng Performance Development Co. Ltd., Class A   2,229,656    4,261,910 
SSY Group Ltd.(c)   12,384,411    5,612,378 
StarPower Semiconductor Ltd., Class A   104,500    5,936,872 
Sun King Technology Group Ltd.   10,456,000    3,160,795 
Sunac China Holdings Ltd.(c)(d)   26,936,000    13,917,837 
Sunac Services Holdings Ltd.(a)(b)(c)   9,258,000    4,984,802 
Sungrow Power Supply Co. Ltd., Class A   795,200    9,498,700 
Sunny Optical Technology Group Co. Ltd.   6,294,900    99,344,469 
Sunwoda Electronic Co. Ltd., Class A   1,211,400    4,842,416 
Superb Summit International Group Ltd.(d)   1,998,771    423 
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A   1,438,000    4,046,867 
Suzhou Maxwell Technologies Co. Ltd., Class A   107,520    6,048,204 
SuZhou TA&A Ultra Clean Technology Co. Ltd., Class A   423,500    3,817,153 
SY Holdings Group Ltd.(c)   7,405,000    6,067,661 
TAL Education Group, ADR(a)(c)   3,708,673    15,205,559 
TBEA Co. Ltd., Class A   2,168,901    7,285,426 
TCL Electronics Holdings Ltd.(c)   9,749,000    4,763,726 
TCL Technology Group Corp., Class A   9,239,602    6,269,868 
Tencent Holdings Ltd.   54,573,900    2,495,029,390 
Tencent Music Entertainment Group, ADR(a)(c)   5,932,780    24,799,020 
Thunder Software Technology Co. Ltd., Class A   316,900    5,201,704 
Tiangong International Co. Ltd.(c)   12,774,000    4,226,231 
Tianjin Port Development Holdings Ltd.   49,384,000    3,954,295 
Tianjin Zhonghuan Semiconductor Co. Ltd., Class A   1,830,591    11,902,814 
Tianma Microelectronics Co. Ltd., Class A   3,317,999    4,678,622 
Tianneng Power International Ltd.(c)   6,162,000    5,889,288 
Tianshui Huatian Technology Co. Ltd., Class A   2,894,907    3,732,491 
Times Neighborhood Holdings Ltd.   2,619,000    583,431 
Tingyi Cayman Islands Holding Corp.   17,516,000    30,964,729 
Toly Bread Co. Ltd., Class A   1,219,296    2,785,497 
Tong Ren Tang Technologies Co. Ltd., Class H   6,653,000    4,980,187 
Tongcheng Travel Holdings Ltd.(a)   10,232,800    19,618,719 
Tongdao Liepin Group(a)   2,289,000    3,500,357 
Tongwei Co. Ltd., Class A   2,427,977    16,357,288 
Topchoice Medical Corp., Class A(a)   194,099    4,055,012 
Topsports International Holdings Ltd.(b)   13,142,000    9,713,121 
Towngas Smart Energy Co. Ltd.(c)   9,980,000    4,979,328 
TravelSky Technology Ltd., Class H   8,014,000    13,034,679 
Trina Solar Co. Ltd.   1,099,616    10,469,262 
Trip.com Group Ltd., ADR(a)(c)   4,689,988    103,461,135 
Truly International Holdings Ltd.   18,638,000    5,351,585 
Tsingtao Brewery Co. Ltd., Class A   494,400    6,847,765 
Tsingtao Brewery Co. Ltd., Class H   4,710,000    40,619,841 
Tuya Inc.(a)   1,923,873    4,925,115 
Unigroup Guoxin Microelectronics Co. Ltd., Class A   361,310    9,588,669 
Uni-President China Holdings Ltd.   11,560,000    9,318,719 
Unisplendour Corp. Ltd., Class A   1,981,661    5,271,759 
Untrade Cteg(d)   33,362,000    417,535 
Untrade SMI Holdings(d)   12,533,884    16 
Up Fintech Holding Ltd., ADR(a)(c)   917,959    3,745,273 
Security  Shares   Value 
         
China (continued)          
Venus MedTech Hangzhou Inc., Class H(a)(b)(c)   2,455,500   $4,232,282 
Vipshop Holdings Ltd., ADR(a)   4,029,557    37,474,880 
Viva Biotech Holdings(b)(c)   8,481,000    2,692,809 
Vnet Group Inc., ADR(a)(c)   879,186    4,967,401 
Walvax Biotechnology Co. Ltd., Class A   959,889    6,674,391 
Wanhua Chemical Group Co. Ltd., Class A   1,780,786    22,376,113 
Want Want China Holdings Ltd.(c)   43,841,000    43,628,762 
Weibo Corp., ADR(a)(c)   541,983    11,923,626 
Weichai Power Co. Ltd., Class A   4,110,600    7,424,653 
Weichai Power Co. Ltd., Class H   16,787,000    25,889,556 
Weimob Inc.(a)(b)(c)   17,163,000    10,334,748 
Wens Foodstuffs Group Co. Ltd., Class A(a)   3,854,241    10,424,436 
West China Cement Ltd.   29,810,000    4,520,987 
Western Securities Co. Ltd., Class A   5,908,381    5,461,633 
Western Superconducting Technologies Co. Ltd., Class A   264,800    3,682,725 
Wharf Holdings Ltd. (The)   10,906,000    36,466,761 
Will Semiconductor Co. Ltd. Shanghai, Class A   483,903    11,850,422 
Wingtech Technology Co. Ltd., Class A   786,400    7,463,349 
Winning Health Technology Group Co. Ltd., Class A   2,004,485    2,527,079 
Wisdom Education International Holdings Co. Ltd.   5,354,000    132,368 
Wuhan Guide Infrared Co. Ltd., Class A   2,979,839    5,175,455 
Wuliangye Yibin Co. Ltd., Class A   2,060,715    52,725,053 
WUS Printed Circuit Kunshan Co. Ltd., Class A   1,559,136    3,670,640 
WuXi AppTec Co. Ltd., Class A   1,459,719    20,774,107 
WuXi AppTec Co. Ltd., Class H(b)   2,991,407    36,971,062 
Wuxi Biologics Cayman Inc., New(a)(b)(c)   31,467,000    232,686,138 
Wuxi Lead Intelligent Equipment Co. Ltd., Class A   622,887    4,495,397 
Wuxi Shangji Automation Co. Ltd., Class A   185,400    4,142,174 
XCMG Construction Machinery Co. Ltd., Class A   7,384,178    5,847,507 
XD Inc.(a)(c)   2,023,600    5,902,581 
Xiabuxiabu Catering Management China Holdings  Co. Ltd.(b)   5,311,000    2,435,895 
Xiamen C & D Inc., Class A   1,497,200    2,989,690 
Xiaomi Corp., Class B(a)(b)   132,066,000    203,802,147 
Xinjiang Goldwind Science & Technology Co. Ltd., Class A   1,834,806    3,384,387 
Xinjiang Goldwind Science & Technology Co. Ltd., Class H   7,100,834    11,615,815 
Xinyi Solar Holdings Ltd.   43,106,800    76,514,554 
XPeng Inc., ADR(a)(c)   3,692,941    86,784,114 
Xtep International Holdings Ltd.(c)   12,009,000    17,303,435 
Yadea Group Holdings Ltd.(b)   10,338,000    16,783,500 
Yangzhou Yangjie Electronic Technology Co. Ltd.   267,800    2,851,505 
Yankuang Energy Group Co. Ltd., Class A   1,320,706    7,644,683 
Yankuang Energy Group Co. Ltd., Class H   13,636,000    44,795,322 
Yantai Jereh Oilfield Services Group Co. Ltd., Class A   793,768    4,764,616 
Yeahka Ltd.(a)(c)   1,978,400    4,930,743 
Yealink Network Technology Corp. Ltd., Class A   639,776    7,080,215 
Yifeng Pharmacy Chain Co. Ltd., Class A   599,814    4,170,310 
Yihai International Holding Ltd.(c)   4,131,000    12,804,068 
Yihai Kerry Arawana Holdings Co. Ltd., Class A   853,500    5,792,571 
Yonghui Superstores Co. Ltd., Class A   7,275,834    4,774,757 
YongXing Special Materials Technology Co. Ltd., Class A   237,500    4,272,545 
Yonyou Network Technology Co. Ltd., Class A   2,017,483    5,827,011 
Youdao Inc., ADR(a)(c)   351,624    1,814,380 
Youyuan International Holdings Ltd.(d)   5,307,000    64,978 

8

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
YTO Express Group Co. Ltd., Class A   1,906,053   $5,816,238 
Yuexiu Property Co. Ltd.   10,155,576    11,029,307 
Yuexiu REIT   23,235,000    9,205,889 
Yuexiu Transport Infrastructure Ltd.   11,252,000    6,965,221 
Yum China Holdings Inc.   3,747,890    170,379,079 
Yunda Holding Co. Ltd., Class A   2,106,137    5,708,332 
Yunnan Aluminium Co. Ltd., Class A(a)   1,813,300    3,137,385 
Yunnan Baiyao Group Co. Ltd., Class A   1,038,032    8,761,071 
Yunnan Botanee Bio-Technology Group Co. Ltd.   147,700    4,203,880 
Yunnan Energy New Material Co. Ltd., Class A   519,432    16,872,805 
Yuzhou Group Holdings Co. Ltd.(c)   23,403,921    1,400,892 
Zai Lab Ltd., ADR(a)(c)   743,219    21,627,673 
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A   330,469    15,284,218 
Zhaojin Mining Industry Co. Ltd., Class H   11,010,000    9,521,555 
Zhejiang Century Huatong Group Co. Ltd., Class A(a)   5,836,195    4,035,701 
Zhejiang Chint Electrics Co. Ltd., Class A   1,333,173    7,288,709 
Zhejiang Dahua Technology Co. Ltd., Class A   2,235,229    5,390,296 
Zhejiang Dingli Machinery Co. Ltd., Class A   391,516    2,835,621 
Zhejiang Expressway Co. Ltd., Class H   13,004,000    11,476,859 
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A   1,167,262    3,402,062 
Zhejiang Huayou Cobalt Co. Ltd., Class A   716,532    10,089,625 
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A   854,494    7,059,795 
Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A   440,100    3,136,837 
Zhejiang Longsheng Group Co. Ltd., Class A   3,242,074    5,171,900 
Zhejiang NHU Co. Ltd., Class A   2,269,258    7,053,436 
Zhejiang Supor Co. Ltd., Class A   422,840    3,552,847 
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A   368,798    2,594,902 
Zhenro Properties Group Ltd.(c)   15,995,000    1,160,504 
Zheshang Securities Co. Ltd., Class A   2,779,400    4,014,174 
ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)(c)   5,990,000    20,033,791 
Zhongji Innolight Co. Ltd., Class A   732,274    3,524,719 
Zhongsheng Group Holdings Ltd.   5,237,500    37,143,778 
Zhongtai Securities Co. Ltd.   4,306,800    4,696,802 
Zhou Hei Ya International Holdings Co. Ltd.(b)(c)   8,390,000    4,418,896 
Zhuguang Holdings Group Co. Ltd.   22,166,000    3,417,889 
Zhuzhou CRRC Times Electric Co. Ltd.   4,875,700    20,855,599 
Zijin Mining Group Co. Ltd., Class A   10,962,700    16,404,037 
Zijin Mining Group Co. Ltd., Class H   51,052,000    68,955,891 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A   3,736,500    3,309,301 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H   11,949,000    7,357,889 
ZTE Corp., Class A   2,041,939    7,418,417 
ZTE Corp., Class H   6,788,040    14,948,055 
ZTO Express Cayman Inc., ADR   3,734,212    100,599,671 
         19,650,919,312 
Colombia — 0.2%          
Bancolombia SA   2,094,649    25,180,237 
Cementos Argos SA   4,853,072    7,080,078 
Corp. Financiera Colombiana SA(a)   999,491    6,786,995 
Ecopetrol SA   41,642,242    34,462,545 
Grupo Argos SA   3,014,202    10,825,542 
Interconexion Electrica SA ESP   4,090,235    25,799,944 
         110,135,341 
Security  Shares   Value 
         
Czech Republic — 0.2%          
CEZ AS(c)   1,432,401   $69,793,865 
Komercni Banka AS   686,454    21,367,084 
Moneta Money Bank AS(b)   3,895,232    12,960,278 
         104,121,227 
Egypt — 0.1%          
Commercial International Bank Egypt SAE   14,645,212    32,487,969 
Eastern Co. SAE   8,995,960    5,119,678 
E-Finance for Digital & Financial  Investments, NVS   4,304,447    3,854,452 
Egyptian Financial Group-Hermes Holding Co.(a)   7,461,846    5,703,169 
EISewedy Electric Co.(a)   7,321,416    2,853,011 
Fawry for Banking & Payment Technology  Services SAE(a)   9,021,996    1,988,185 
Heliopolis Housing   4,406,428    1,052,662 
Juhayna Food Industries   3,744,287    1,663,610 
Talaat Moustafa Group   7,956,441    3,385,182 
Telecom Egypt Co.   4,044,325    3,277,831 
         61,385,749 
Greece — 0.3%          
Alpha Services and Holdings SA(a)   19,046,203    20,183,345 
Athens Water Supply & Sewage Co. SA   418,034    3,176,527 
Eurobank Ergasias Services and Holdings SA, Class A(a)   22,707,102    25,406,171 
FF Group(a)(d)   343,633    3,689 
GEK Terna Holding Real Estate Construction SA(a)   623,455    6,683,972 
Hellenic Telecommunications Organization SA   1,937,475    36,743,560 
Holding Co. ADMIE IPTO SA   1,596,760    3,903,580 
JUMBO SA   901,366    14,981,615 
LAMDA Development SA(a)   659,480    4,502,520 
Motor Oil Hellas Corinth Refineries SA   622,072    10,939,473 
Mytilineos SA   808,294    14,408,914 
National Bank of Greece SA(a)   4,941,105    18,811,176 
OPAP SA   1,792,171    26,755,767 
Piraeus Financial Holdings SA(a)   5,562,355    7,044,610 
Public Power Corp. SA(a)   1,432,700    9,438,264 
Sarantis SA   250,656    1,968,588 
Terna Energy SA   496,520    9,614,343 
Titan Cement International SA   373,805    4,962,857 
         219,528,971 
Hong Kong — 0.1%          
Alibaba Pictures Group Ltd.(a)(c)   115,880,000    10,189,427 
Kingboard Laminates Holdings Ltd.   8,580,000    14,390,520 
Nine Dragons Paper Holdings Ltd.   14,750,000    13,240,118 
Orient Overseas International Ltd.   1,162,500    35,702,225 
Vinda International Holdings Ltd.   3,567,000    8,936,591 
         82,458,881 
Hungary — 0.2%          
Magyar Telekom Telecommunications PLC   5,190,181    5,292,480 
MOL Hungarian Oil & Gas PLC   3,549,353    25,465,868 
Opus Global Nyrt(a)(c)   2,034,983    974,244 
OTP Bank Nyrt   1,953,911    46,546,623 
Richter Gedeon Nyrt   1,184,353    23,170,069 
         101,449,284 
India — 13.6%          
3M India Ltd.(a)   29,592    7,672,528 
Aarti Industries Ltd.   1,790,548    17,459,098 
Aavas Financiers Ltd.(a)   349,452    9,963,992 
ACC Ltd.   698,733    19,684,191 
Adani Enterprises Ltd.   2,433,058    67,543,853 

9

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Adani Green Energy Ltd.(a)   2,899,248   $70,226,404 
Adani Ports & Special Economic Zone Ltd.   4,567,370    43,301,455 
Adani Power Ltd.(a)   7,796,797    32,220,649 
Adani Total Gas Ltd.   2,445,367    75,544,687 
Adani Transmission Ltd.(a)   2,441,384    64,334,291 
Aditya Birla Capital Ltd.(a)   5,198,767    6,716,118 
Aditya Birla Fashion and Retail Ltd.(a)   3,049,343    10,582,312 
Aegis Logistics Ltd.   1,521,758    4,247,040 
Affle India Ltd.(a)   611,251    8,222,605 
AIA Engineering Ltd.   412,916    12,070,837 
Ajanta Pharma Ltd.   304,092    6,698,997 
Alembic Pharmaceuticals Ltd.   557,801    5,247,157 
Alkyl Amines Chemicals   151,649    5,314,760 
Alok Industries Ltd.(a)   1,870,780    548,201 
Amara Raja Batteries Ltd.   1,113,439    7,181,605 
Amber Enterprises India Ltd.(a)   175,717    5,925,178 
Ambuja Cements Ltd.   5,446,818    25,800,948 
Angel One Ltd.   181,289    3,445,451 
APL Apollo Tubes Ltd.(a)   1,071,321    12,876,155 
Apollo Hospitals Enterprise Ltd.   895,675    45,725,133 
Apollo Tyres Ltd.   3,624,833    10,142,585 
Ashok Leyland Ltd.   13,392,424    23,567,369 
Asian Paints Ltd.   3,421,136    125,041,514 
Astral Ltd.   855,695    19,009,740 
AstraZeneca Pharma India Ltd.   74,262    2,871,631 
Atul Ltd.   122,842    12,856,098 
AU Small Finance Bank Ltd.(a)(b)   760,762    12,221,793 
Aurobindo Pharma Ltd.   2,249,629    15,352,794 
Avanti Feeds Ltd.   712,045    3,916,029 
Avenue Supermarts Ltd.(a)(b)   1,463,424    74,568,025 
Axis Bank Ltd.(a)   19,928,056    174,875,714 
Bajaj Auto Ltd.   622,580    30,820,622 
Bajaj Electricals Ltd.(a)   502,490    6,383,892 
Bajaj Finance Ltd.   2,388,099    185,704,419 
Bajaj Finserv Ltd.   346,427    57,340,441 
Balaji Amines Ltd.   43,570    1,803,719 
Balkrishna Industries Ltd.   835,953    25,018,811 
Balrampur Chini Mills Ltd.   1,353,721    7,020,901 
Bandhan Bank Ltd.(b)   5,637,229    23,488,275 
BASF India Ltd.   127,744    4,177,838 
Bata India Ltd.   508,919    12,251,066 
Bayer CropScience Ltd.   131,533    9,141,653 
Berger Paints India Ltd.   2,243,746    17,647,315 
Bharat Dynamics Ltd.   306,658    3,095,365 
Bharat Electronics Ltd.   11,055,125    33,329,352 
Bharat Forge Ltd.   2,098,994    18,940,674 
Bharat Heavy Electricals Ltd.(a)   8,993,979    5,901,335 
Bharat Petroleum Corp. Ltd.   7,634,856    31,992,858 
Bharti Airtel Ltd.(a)   19,411,099    174,489,766 
Biocon Ltd.(a)   3,711,562    15,911,361 
Birla Corp. Ltd.   256,492    3,205,338 
Birlasoft Ltd.   1,503,422    7,137,702 
Blue Dart Express Ltd.   66,637    6,410,776 
Blue Star Ltd.   533,220    6,993,996 
Borosil Renewables Ltd.(a)   198,080    1,675,750 
Brigade Enterprises Ltd.   968,506    5,760,974 
Brightcom Group Ltd.   6,838,227    5,631,222 
Britannia Industries Ltd.   984,015    45,991,752 
BSE Ltd.   659,787    6,390,175 
Can Fin Homes Ltd.   538,262    3,328,814 
Security  Shares   Value 
         
India (continued)          
Canara Bank(a)   3,455,007   $9,038,378 
Carborundum Universal Ltd.   938,829    8,680,744 
Ceat Ltd.   257,765    3,352,539 
Central Depository Services India Ltd.   541,351    8,695,940 
Century Plyboards India Ltd.   202,957    1,500,422 
Century Textiles & Industries Ltd.   185,373    1,905,036 
CESC Ltd.   6,350,561    6,356,013 
CG Power and Industrial Solutions Ltd.(a)   4,888,120    11,333,395 
Chambal Fertilisers and Chemicals Ltd.   1,809,764    8,443,414 
Cholamandalam Financial Holdings Ltd.   978,332    7,833,713 
Cholamandalam Investment and Finance Co. Ltd.   3,823,679    33,280,368 
Cipla Ltd.   4,328,274    55,252,572 
City Union Bank Ltd.   3,914,746    7,030,585 
Clean Science and Technology(a)   229,641    5,133,230 
Coal India Ltd.   13,356,233    33,207,821 
Coforge Ltd.   214,421    10,791,721 
Colgate-Palmolive India Ltd.   1,087,387    22,723,982 
Computer Age Management Services Ltd.   269,822    8,044,275 
Container Corp. of India Ltd.   2,385,712    19,932,643 
Coromandel International Ltd.   826,952    10,032,933 
CreditAccess Grameen Ltd.(a)   438,078    6,001,229 
CRISIL Ltd.   171,028    7,464,952 
Crompton Greaves Consumer Electricals Ltd.   4,658,344    21,551,761 
Cummins India Ltd.   1,141,580    15,063,612 
Cyient Ltd.   872,611    8,757,556 
Dabur India Ltd.   5,632,171    37,577,576 
Dalmia Bharat Ltd.   697,002    12,144,681 
Deepak Fertilisers & Petrochemicals Corp. Ltd.   209,537    1,748,115 
Deepak Nitrite Ltd.   644,309    16,498,887 
Devyani International Ltd.(a)   1,560,196    3,426,407 
Dhani Services Ltd.(a)   2,874,081    1,846,362 
Dilip Buildcon Ltd.(b)   403,182    1,176,126 
Divi’s Laboratories Ltd.   1,191,246    54,910,229 
Dixon Technologies India Ltd.   289,898    14,315,978 
DLF Ltd.   5,695,217    25,171,060 
Dr Lal PathLabs Ltd.(b)   265,812    7,106,367 
Dr. Reddy’s Laboratories Ltd.   1,026,549    57,521,197 
Edelweiss Financial Services Ltd.   4,921,207    3,454,252 
Eicher Motors Ltd.   1,225,316    43,672,525 
EID Parry India Ltd.   535,918    3,835,616 
EIH Ltd.(a)   1,767,867    3,066,270 
Emami Ltd.   1,851,898    9,898,968 
Embassy Office Parks REIT   5,111,027    25,947,363 
Endurance Technologies Ltd.(b)   356,972    5,981,704 
Engineers India Ltd.   3,408,048    2,730,206 
Exide Industries Ltd.   4,362,919    8,208,445 
Federal Bank Ltd.   14,122,474    16,094,405 
Fine Organic Industries Ltd.   31,281    1,961,704 
Finolex Cables Ltd.   876,717    4,180,215 
Finolex Industries Ltd.   2,379,301    4,778,210 
Firstsource Solutions Ltd.   2,820,979    4,021,954 
Fortis Healthcare Ltd.(a)   4,362,320    13,306,449 
GAIL India Ltd.   14,357,542    27,190,957 
GHCL Ltd.   440,019    3,671,253 
Gillette India Ltd.   67,595    4,243,316 
GlaxoSmithKline Pharmaceuticals Ltd.   310,861    6,043,383 
Glenmark Pharmaceuticals Ltd.   1,461,297    7,371,122 
GMM Pfaudler Ltd.   78,782    4,242,781 
GMR Infrastructure Ltd.(a)   21,652,967    10,545,389 
GMR Power and Urban Infrastructure Ltd.(a)   840,366    217,570 

10

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
India (continued)          
Godrej Consumer Products Ltd.(a)   3,430,949   $33,876,953 
Godrej Industries Ltd.(a)   928,618    5,693,203 
Godrej Properties Ltd.(a)   1,105,716    19,879,967 
Granules India Ltd.   1,584,648    5,487,387 
Graphite India Ltd.   701,956    3,990,311 
Grasim Industries Ltd.   2,458,590    44,967,338 
Great Eastern Shipping Co. Ltd. (The)   1,087,288    5,539,414 
Grindwell Norton Ltd.   397,792    8,775,199 
Gujarat Fluorochemicals Ltd.   277,597    10,275,099 
Gujarat Gas Ltd.   1,620,862    11,623,561 
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.   769,282    6,548,679 
Gujarat Pipavav Port Ltd.   3,323,456    3,429,789 
Gujarat State Fertilizers & Chemicals Ltd.   1,043,426    2,240,437 
Gujarat State Petronet Ltd.   2,546,236    8,305,645 
Happiest Minds Technologies Ltd.   639,528    7,406,837 
Havells India Ltd.   2,334,715    35,974,105 
HCL Technologies Ltd.   9,548,119    127,329,979 
HDFC Life Insurance Co. Ltd.(b)   8,119,761    62,404,422 
Hero MotoCorp Ltd.   991,450    35,198,058 
HFCL Ltd.   6,305,080    5,085,586 
Hindalco Industries Ltd.   12,174,399    66,202,765 
Hindustan Petroleum Corp. Ltd.   5,640,174    16,523,577 
Hindustan Unilever Ltd.   7,262,076    218,644,312 
Hitachi Energy India Ltd.   65,318    2,969,866 
Housing Development Finance Corp. Ltd.   15,106,416    444,683,913 
ICICI Bank Ltd.   45,278,611    436,048,935 
ICICI Lombard General Insurance Co. Ltd.(b)   1,978,063    32,157,427 
ICICI Prudential Life Insurance Co. Ltd.(b)   3,155,358    21,048,390 
ICICI Securities Ltd.(b)   815,663    4,675,355 
IDFC First Bank Ltd.(a)   24,150,653    11,227,084 
IDFC Ltd.   11,126,821    7,058,885 
IIFL Finance Ltd.   814,914    3,372,547 
IIFL Wealth Management Ltd.   360,253    7,227,667 
India Cements Ltd. (The)   1,896,791    4,109,202 
Indiabulls Housing Finance Ltd.   2,801,978    4,230,613 
Indiabulls Real Estate Ltd.(a)   2,374,720    2,298,671 
IndiaMART Intermesh Ltd.(b)   134,906    7,867,529 
Indian Bank   1,684,234    3,676,033 
Indian Energy Exchange Ltd.(b)   4,206,081    10,488,783 
Indian Hotels Co. Ltd. (The)   6,862,745    20,687,425 
Indian Oil Corp. Ltd.   16,698,657    24,918,268 
Indian Railway Catering & Tourism Corp. Ltd.   2,252,428    19,932,348 
Indraprastha Gas Ltd.   2,666,302    12,923,931 
Indus Towers Ltd.   5,758,903    14,875,028 
Info Edge India Ltd.   657,730    35,124,837 
Infosys Ltd.   29,501,183    569,283,653 
Inox Leisure Ltd.(a)   646,741    4,164,669 
Intellect Design Arena Ltd.(a)   804,619    6,941,193 
InterGlobe Aviation Ltd.(a)(b)   911,907    21,446,466 
Ipca Laboratories Ltd.   1,276,754    14,797,602 
IRB Infrastructure Developers Ltd.(a)   1,369,166    3,879,426 
ITC Ltd.   26,120,810    90,717,221 
Jindal Steel & Power Ltd.   3,917,961    19,036,493 
JK Cement Ltd.   302,472    9,222,977 
JM Financial Ltd.   4,081,997    3,435,409 
JSW Steel Ltd.   6,644,406    47,075,132 
Jubilant Foodworks Ltd.   3,649,646    25,790,076 
Jubilant Ingrevia Ltd.   498,510    3,249,718 
Jubilant Pharmova Ltd.   709,138    3,505,812 
Security  Shares   Value 
India (continued)          
Just Dial Ltd.(a)   248,128   $2,100,159 
Jyothy Labs Ltd.   1,635,675    3,120,831 
Kajaria Ceramics Ltd.   834,664    11,042,343 
Kansai Nerolac Paints Ltd.   1,210,147    6,219,468 
Karur Vysya Bank Ltd. (The)   4,351,341    2,499,992 
Kaveri Seed Co. Ltd.   339,134    2,511,288 
KEC International Ltd.   1,158,524    5,885,590 
KEI Industries Ltd.   738,477    11,679,547 
Kotak Mahindra Bank Ltd.   4,921,165    116,060,946 
KPIT Technologies Ltd.   1,482,731    10,039,991 
KPR Mill Ltd.   827,032    6,625,587 
Krishna Institute Of Medical Sciences Ltd.(a)(b)   219,883    3,714,458 
L&T Finance Holdings Ltd.(a)   7,012,630    6,814,512 
Lakshmi Machine Works Ltd.   48,915    5,869,717 
Larsen & Toubro Infotech Ltd.(b)   470,105    25,630,568 
Larsen & Toubro Ltd.   6,090,432    128,966,066 
Laurus Labs Ltd.(b)   2,992,357    21,784,017 
Lemon Tree Hotels Ltd.(a)(b)   2,494,515    2,062,798 
LIC Housing Finance Ltd.   2,717,841    13,164,836 
Linde India Ltd.   204,852    7,871,567 
Lupin Ltd.   1,731,771    13,775,140 
Mahanagar Gas Ltd.   667,199    6,486,666 
Mahindra & Mahindra Financial Services Ltd.   5,049,880    11,533,702 
Mahindra & Mahindra Ltd.   7,775,304    102,878,207 
Mahindra CIE Automotive Ltd.   1,136,701    2,834,216 
Mahindra Lifespace Developers Ltd.(a)   434,378    2,085,831 
Manappuram Finance Ltd.   4,904,378    6,009,538 
Marico Ltd.   4,920,118    33,687,052 
Maruti Suzuki India Ltd.   1,072,442    109,284,500 
Mastek Ltd.   69,649    2,389,029 
Max Financial Services Ltd.(a)   1,931,756    19,643,408 
Max Healthcare Institute Ltd.(a)   4,317,392    21,037,454 
Medplus Health Services Ltd.(a)   257,154    2,862,649 
Metropolis Healthcare Ltd.(b)   264,893    5,490,754 
Minda Industries Ltd.   727,244    8,593,902 
Mindspace Business Parks REIT(b)   1,518,573    6,725,741 
Mindtree Ltd.   600,389    23,477,998 
Motherson Sumi Wiring India Ltd.(a)   11,276,982    9,528,668 
Motilal Oswal Financial Services Ltd.   380,421    3,862,928 
Mphasis Ltd.   778,959    25,925,307 
MRF Ltd.   16,894    16,872,473 
Multi Commodity Exchange of India Ltd.   221,375    3,891,244 
Muthoot Finance Ltd.   1,115,853    16,358,825 
Narayana Hrudayalaya Ltd.(a)   680,848    5,722,955 
Natco Pharma Ltd.   936,481    8,316,384 
National Aluminium Co. Ltd.   8,734,900    10,822,533 
Navin Fluorine International Ltd.   313,441    15,777,692 
Nestle India Ltd.   302,549    68,709,970 
NIIT Ltd.   320,236    1,898,657 
Nippon Life India Asset Management Ltd.(b)   1,572,298    5,727,242 
NTPC Ltd.   34,856,379    69,917,866 
Nuvoco Vistas Corp. Ltd.(a)   1,012,222    3,921,910 
Oberoi Realty Ltd.(a)   1,030,517    10,622,158 
Oil & Natural Gas Corp. Ltd.   22,428,761    43,740,446 
Oil India Ltd.   2,840,419    8,722,202 
Oracle Financial Services Software Ltd.   155,579    6,575,258 
Orient Electric Ltd.   1,173,853    4,209,041 
Page Industries Ltd.   51,363    29,792,468 
PB Fintech Ltd.(a)   1,128,803    9,649,231 
Persistent Systems Ltd.   459,600    22,173,952 


11

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
India (continued)          
Petronet LNG Ltd.   6,652,181   $19,425,242 
Phoenix Mills Ltd. (The)   673,593    10,087,709 
PI Industries Ltd.   726,275    25,722,342 
Pidilite Industries Ltd.   1,441,016    41,487,473 
Piramal Enterprises Ltd.   1,011,767    24,570,160 
PNB Housing Finance Ltd.(a)(b)   572,753    2,375,804 
Polycab India Ltd.   411,604    12,878,979 
Polyplex Corporation Ltd.   107,035    3,264,215 
Poonawalla Fincorp Ltd.(a)   1,800,639    6,017,496 
Power Grid Corp. of India Ltd.   28,252,565    84,381,082 
Praj Industries Ltd.   1,111,307    4,873,230 
Prestige Estates Projects Ltd.   1,587,278    8,710,571 
Procter & Gamble Health Ltd.   68,675    3,766,243 
PVR Ltd.(a)   487,407    11,500,457 
Quess Corp. Ltd.(b)   814,793    7,359,077 
Radico Khaitan Ltd.   803,608    8,258,752 
Rain Industries Ltd.   1,140,949    2,470,412 
Rajesh Exports Ltd.   673,470    4,684,942 
Rallis India Ltd.   1,023,968    2,637,185 
Ramco Cements Ltd. (The)(a)   1,103,432    9,887,697 
Raymond Ltd.(a)   250,426    3,166,603 
RBL Bank Ltd.(a)(b)   3,933,655    5,649,938 
REC Ltd.   7,064,732    10,825,632 
Redington India Ltd.   5,257,885    8,770,638 
Relaxo Footwears Ltd.   606,122    7,720,869 
Reliance Industries Ltd.   26,541,700    894,148,975 
Route Mobile Ltd.   261,478    4,665,162 
Samvardhana Motherson International Ltd.   11,327,211    18,944,651 
Sanofi India Ltd.   90,845    8,001,567 
Saregama India Ltd.   222,502    1,238,809 
SBI Cards & Payment Services Ltd.   2,121,593    21,230,370 
SBI Life Insurance Co. Ltd.(b)   4,092,861    61,455,028 
Schaeffler India Ltd.   390,670    11,582,225 
Sheela Foam Ltd.(a)   138,776    5,381,369 
Shree Cement Ltd.   100,318    28,441,667 
Shree Renuka Sugars Ltd.(a)   2,914,039    1,760,369 
Shriram City Union Finance Ltd.   157,924    3,491,725 
Shriram Transport Finance Co. Ltd.   1,696,974    25,550,483 
Siemens Ltd.   678,478    21,181,161 
SKF India Ltd.   123,863    5,724,767 
Solar Industries India Ltd.   246,121    8,312,547 
Sonata Software Ltd.   591,810    5,211,148 
SRF Ltd.   1,371,744    43,250,176 
State Bank of India   16,086,854    96,212,498 
Sterlite Technologies Ltd.   1,852,636    4,132,402 
Strides Pharma Science Ltd.   585,647    2,492,815 
Sumitomo Chemical India Ltd.   635,429    3,793,606 
Sun Pharma Advanced Research Co. Ltd.(a)   1,122,514    3,201,699 
Sun Pharmaceutical Industries Ltd.   7,938,349    87,795,748 
Sun TV Network Ltd.   779,591    4,453,176 
Sundram Fasteners Ltd.   813,779    8,151,160 
Sunteck Realty Ltd.   641,087    3,706,487 
Supreme Industries Ltd.   597,919    14,055,240 
Suven Pharmaceuticals Ltd.   1,215,870    7,805,164 
Suzlon Energy Ltd.(a)   27,623,923    3,042,194 
Symphony Ltd.   181,509    2,336,677 
Syngene International Ltd.(a)(b)   1,213,590    8,913,431 
Tanla Platforms Ltd.   576,345    9,800,661 
Tata Chemicals Ltd.   1,335,916    16,226,793 
Tata Communications Ltd.   952,896    12,041,104 
Security  Shares   Value 
India (continued)          
Tata Consultancy Services Ltd.   8,109,170   $349,681,590 
Tata Consumer Products Ltd.   5,244,501    51,093,591 
Tata Elxsi Ltd.   312,420    33,549,983 
Tata Motors Ltd.(a)   14,802,298    84,249,311 
Tata Power Co. Ltd. (The)   13,009,549    39,176,340 
Tata Steel Ltd.   6,511,550    88,441,686 
Tata Teleservices Maharashtra Ltd.(a)   4,435,218    7,163,874 
TeamLease Services Ltd.(a)   117,242    4,984,720 
Tech Mahindra Ltd.   5,140,978    77,727,525 
Thermax Ltd.   414,186    10,606,989 
Timken India Ltd.   58,509    1,718,389 
Titan Co. Ltd.   3,154,109    89,649,420 
Torrent Pharmaceuticals Ltd.   452,797    16,468,550 
Torrent Power Ltd.   1,548,327    9,051,463 
Trent Ltd.   1,727,755    24,903,064 
Trident Ltd.   10,589,358    6,485,777 
TTK Prestige Ltd.   597,152    6,380,306 
Tube Investments of India Ltd.   904,149    18,284,436 
TV18 Broadcast Ltd.(a)   5,206,557    2,677,205 
TVS Motor Co. Ltd.   1,687,809    15,924,339 
UltraTech Cement Ltd.   909,782    70,904,645 
United Spirits Ltd.(a)   2,725,476    28,297,184 
UPL Ltd.   4,533,901    45,407,292 
UTI Asset Management Co. Ltd.   412,921    3,634,889 
Vardhman Textiles Ltd.   1,157,683    4,243,439 
Vedanta Ltd.   6,937,531    28,725,336 
V-Guard Industries Ltd.   1,981,758    5,944,538 
Vinati Organics Ltd.   290,341    7,618,989 
VIP Industries Ltd.   549,175    4,054,709 
V-Mart Retail Ltd.(a)   120,389    5,066,406 
Vodafone Idea Ltd.(a)   79,080,601    9,699,333 
Voltas Ltd.   1,954,147    25,505,952 
Welspun Corp. Ltd.   1,012,752    2,952,046 
Welspun India Ltd.   2,628,847    2,199,571 
Westlife Development Ltd.(a)   499,379    2,903,217 
Whirlpool of India Ltd.   321,834    6,757,768 
Wipro Ltd.   12,023,740    73,071,554 
Yes Bank Ltd., (Acquired 03/16/20, Cost: $35,983,750)(e)   12,578,231    1,958,281 
Yes Bank Ltd.(a)   85,318,826    14,396,111 
Zee Entertainment Enterprises Ltd.   7,744,513    25,028,716 
Zensar Technologies Ltd.   1,001,744    3,921,575 
Zomato Ltd.(a)   14,012,843    13,402,770 
         9,566,368,341 
Indonesia — 2.0%          
Ace Hardware Indonesia Tbk PT   70,987,000    4,673,721 
Adaro Energy Indonesia Tbk PT   130,107,700    29,200,912 
Adaro Minerals Indonesia Tbk PT(a)   69,480,700    10,626,292 
AKR Corporindo Tbk PT   107,946,300    8,275,989 
Aneka Tambang Tbk   76,474,343    13,114,198 
Astra Agro Lestari Tbk PT   5,895,400    4,852,649 
Astra International Tbk PT   177,864,900    89,470,690 
Bank Aladin Syariah Tbk PT(a)   44,169,800    5,922,225 
Bank BTPN Syariah Tbk PT   26,108,600    5,457,724 
Bank Central Asia Tbk PT   490,078,100    259,300,849 
Bank Jago Tbk PT(a)   37,212,600    23,874,126 
Bank Mandiri Persero Tbk PT   165,884,600    96,781,406 
Bank Negara Indonesia Persero Tbk PT   66,997,800    42,092,208 
Bank Neo Commerce Tbk PT   34,463,900    3,498,153 


12

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Indonesia (continued)          
Bank Pembangunan Daerah Jawa Barat Dan          
Banten Tbk PT   36,543,619   $3,660,371 
Bank Rakyat Indonesia Persero Tbk PT   598,265,795    189,516,257 
Bank Tabungan Negara Persero Tbk PT   48,961,776    5,701,801 
Barito Pacific Tbk PT   258,819,000    14,803,689 
Berkah Beton Sadaya Tbk PT   34,540,800    11,465,433 
BFI Finance Indonesia Tbk PT   75,123,900    5,866,364 
Bukit Asam Tbk PT   38,008,500    11,805,699 
Bumi Resources Minerals Tbk PT(a)   388,812,600    6,079,780 
Bumi Serpong Damai Tbk PT(a)   89,028,100    5,767,128 
Charoen Pokphand Indonesia Tbk PT   68,760,200    25,470,877 
Ciputra Development Tbk PT   95,623,127    6,459,693 
Digital Mediatama Maxima Tbk PT(a)   25,245,600    3,237,793 
Gudang Garam Tbk PT   3,804,000    8,217,955 
Hanson International Tbk PT(a)(d)   783,666,700     
Harum Energy Tbk PT   4,383,300    3,569,830 
Indah Kiat Pulp & Paper Tbk PT   24,628,000    13,926,197 
Indika Energy Tbk PT(a)   14,153,800    2,805,328 
Indo Tambangraya Megah Tbk PT   3,558,600    8,542,007 
Indocement Tunggal Prakarsa Tbk PT   13,802,700    9,198,924 
Indofood CBP Sukses Makmur Tbk PT   20,292,600    11,917,895 
Indofood Sukses Makmur Tbk PT   39,013,200    17,631,643 
Industri Jamu Dan Farmasi Sido Muncul Tbk PT   12,340,900    863,296 
Inti Agri Resources Tbk PT(a)(d)   291,349,000     
Japfa Comfeed Indonesia Tbk PT   48,772,400    4,761,323 
Jasa Marga Persero Tbk PT(a)   20,994,080    5,757,455 
Kalbe Farma Tbk PT   185,066,100    21,250,891 
Matahari Department Store Tbk PT   9,013,800    3,338,215 
Medco Energi Internasional Tbk PT(a)   105,003,680    4,173,423 
Media Nusantara Citra Tbk PT   62,823,500    4,170,954 
Medikaloka Hermina Tbk PT   26,190,400    2,469,776 
Merdeka Copper Gold Tbk PT(a)   107,382,085    40,000,618 
Metro Healthcare Indonesia TBK PT(a)   148,667,100    5,556,791 
Mitra Adiperkasa Tbk PT(a)   100,505,400    6,203,612 
Pabrik Kertas Tjiwi Kimia Tbk PT   13,955,200    6,802,816 
Pakuwon Jati Tbk PT(a)   192,186,300    6,722,105 
Panin Financial Tbk PT(a)   214,433,500    4,117,782 
Perusahaan Gas Negara Tbk PT(a)   99,161,500    12,228,908 
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT   37,122,700    3,626,584 
Pool Advista Indonesia Tbk PT(a)(d)   12,679,400     
PP Persero Tbk PT(a)   36,551,050    2,339,186 
Sarana Menara Nusantara Tbk PT   211,495,600    14,498,059 
Semen Indonesia Persero Tbk PT   25,863,800    12,930,027 
Smartfren Telecom Tbk PT(a)   914,898,600    5,011,288 
Sugih Energy Tbk PT(a)(d)   27,492,211    19 
Sumber Alfaria Trijaya Tbk PT   135,441,200    16,905,767 
Summarecon Agung Tbk PT(a)   125,160,341    5,994,700 
Surya Citra Media Tbk PT(a)   244,601,100    3,744,924 
Surya Esa Perkasa Tbk PT(a)   61,308,200    4,940,480 
Telkom Indonesia Persero Tbk PT   433,079,200    127,858,665 
Tower Bersama Infrastructure Tbk PT   71,855,300    14,499,320 
Trada Alam Minera Tbk PT(a)(d)   280,960,700     
Transcoal Pacific Tbk PT(a)   9,488,400    7,483,478 
Unilever Indonesia Tbk PT   63,588,900    20,600,244 
United Tractors Tbk PT   14,815,300    31,879,028 
Vale Indonesia Tbk PT   18,924,800    10,675,295 
Waskita Karya Persero Tbk PT(a)   127,358,044    4,881,832 
Wijaya Karya Persero Tbk PT(a)   40,961,823    2,705,899 
Security  Shares   Value 
Indonesia (continued)          
XL Axiata Tbk PT   36,916,500   $6,674,666 
         1,388,453,232 
Kuwait — 0.8%          
Agility Public Warehousing Co. KSC   10,974,973    41,109,804 
Al Ahli Bank of Kuwait KSCP   4,863,617    5,257,535 
Boubyan Bank KSCP   12,935,347    34,302,749 
Boubyan Petrochemicals Co. KSCP   4,054,441    14,559,469 
Gulf Bank KSCP   14,101,672    14,365,744 
Gulf Cable & Electrical Industries Co. KSCP   761,346    4,045,428 
Humansoft Holding Co. KSC   777,393    7,874,554 
Jazeera Airways Co. KSCP   706,336    4,555,890 
Kuwait Finance House KSCP   46,337,057    135,883,193 
Kuwait International Bank KSCP   9,034,204    6,631,525 
Kuwait Projects Co. Holding KSCP   3,380,764    1,954,263 
Mabanee Co. KPSC   5,625,544    15,389,611 
Mobile Telecommunications Co. KSCP   19,719,236    40,553,749 
National Bank of Kuwait SAKP   63,353,487    214,464,795 
National Industries Group Holding SAK(a)   17,671,021    17,467,302 
National Investments Co. KSCP   2,287,999    2,690,005 
National Real Estate Co. KPSC(a)   7,521,438    5,744,369 
Qurain Petrochemical Industries Co.   6,106,287    7,414,871 
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC   6,019,924    4,226,923 
Warba Bank KSCP(a)   13,848,351    12,104,101 
         590,595,880 
Malaysia — 1.7%          
AEON Credit Service M Bhd   2,405,700    7,999,770 
Alliance Bank Malaysia Bhd   11,163,700    9,169,065 
AMMB Holdings Bhd(a)   14,880,900    12,341,631 
Axiata Group Bhd   24,684,000    18,094,046 
Bermaz Auto Bhd   9,661,100    3,927,545 
British American Tobacco Malaysia Bhd(c)   1,486,600    4,291,567 
Bursa Malaysia Bhd   5,743,600    8,680,822 
Carlsberg Brewery Malaysia Bhd(c)   1,645,100    8,290,617 
CIMB Group Holdings Bhd   57,946,200    68,033,471 
CTOS Digital BHD   9,927,300    3,237,851 
D&O Green Technologies Bhd(c)   5,621,000    5,163,150 
Dagang NeXchange Bhd   20,932,900    4,924,263 
Dialog Group Bhd   33,054,996    18,301,400 
DiGi.Com Bhd   28,414,200    22,888,146 
DRB-Hicom Bhd   9,924,200    2,758,579 
Fraser & Neave Holdings Bhd   1,379,200    6,117,178 
Frontken Corp. Bhd(c)   12,307,200    7,649,319 
Gamuda Bhd   16,273,200    13,229,296 
Genting Bhd   18,101,600    19,627,558 
Genting Malaysia Bhd   26,920,000    18,405,127 
Genting Plantations Bhd   4,755,400    8,254,206 
Greatech Technology Bhd(a)(c)   4,069,400    3,527,083 
HAP Seng Consolidated Bhd   5,930,900    11,242,770 
Hartalega Holdings Bhd   14,910,900    14,303,022 
Hibiscus Petroleum Bhd   14,651,800    4,684,828 
Hong Leong Bank Bhd   5,960,800    28,652,862 
Hong Leong Financial Group Bhd   2,534,300    11,680,296 
Hong Seng Consolidated Bhd(a)(c)   13,783,300    5,909,345 
IGB REIT(c)   16,069,200    6,018,839 
IHH Healthcare Bhd   17,255,500    26,373,521 
IJM Corp. Bhd(c)   25,858,800    10,610,884 
Inari Amertron Bhd   25,220,700    16,115,500 
IOI Corp. Bhd   21,400,700    21,017,017 


13

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Malaysia (continued)          
Kossan Rubber Industries Bhd(c)   11,919,000   $4,488,485 
KPJ Healthcare Bhd   32,991,000    6,546,052 
Kuala Lumpur Kepong Bhd   3,926,500    22,921,398 
Lotte Chemical Titan Holding Bhd(b)   5,216,300    2,442,255 
Magnum Bhd   10,929,986    4,365,322 
Mah Sing Group Bhd(c)   13,629,523    1,989,593 
Malayan Banking Bhd   39,277,000    81,569,794 
Malaysia Airports Holdings Bhd(a)(c)   6,907,800    10,351,898 
Malaysia Building Society Bhd(c)   31,685,400    4,445,479 
Malaysian Pacific Industries Bhd   957,000    7,112,441 
Malaysian Resources Corp. Bhd   30,677,300    2,515,539 
Maxis Bhd(c)   21,343,200    18,477,596 
Mega First Corp. Bhd   7,286,900    6,130,664 
MISC Bhd   11,295,000    18,496,095 
MR DIY Group M Bhd(b)   11,248,700    8,349,498 
My EG Services Bhd   54,617,400    11,402,332 
Nestle Malaysia Bhd   559,900    17,237,529 
Padini Holdings Bhd   3,714,200    2,845,588 
Pentamaster Corp. Bhd   6,491,800    5,474,726 
Petronas Chemicals Group Bhd   22,122,100    51,799,702 
Petronas Dagangan Bhd   2,631,400    13,561,667 
Petronas Gas Bhd   6,865,800    27,106,459 
PPB Group Bhd   6,145,520    23,327,291 
Press Metal Aluminium Holdings Bhd   30,708,500    38,802,892 
Public Bank Bhd   126,484,700    136,625,171 
QL Resources Bhd   11,070,243    12,970,274 
RHB Bank Bhd   14,126,466    19,570,664 
Scientex BHD   8,883,800    7,344,834 
Sime Darby Bhd   23,633,500    11,816,259 
Sime Darby Plantation Bhd   17,453,500    20,016,089 
Sime Darby Property Bhd   36,142,900    4,246,265 
SKP Resources Bhd   11,018,225    3,789,708 
SP Setia Bhd Group   20,195,500    3,893,463 
Sports Toto Bhd   8,006,922    3,482,582 
Sunway Construction Group Bhd   7,169,870    2,767,404 
Sunway REIT   22,233,600    7,921,529 
Supermax Corp. Bhd   13,863,627    3,324,611 
Telekom Malaysia Bhd   9,874,800    12,090,799 
Tenaga Nasional Bhd   19,351,400    40,439,719 
TIME dotCom Bhd   12,162,400    12,138,789 
Top Glove Corp. Bhd   46,853,600    14,981,167 
UMW Holdings Bhd   3,239,800    2,507,322 
UWC BHD(c)   4,015,500    2,686,597 
ViTrox Corp. Bhd   3,724,800    6,543,179 
VS Industry Bhd(c)   31,532,350    7,137,438 
Westports Holdings Bhd   271,300    213,706 
Yinson Holdings Bhd   11,979,400    6,235,898 
YTL Corp. Bhd   5,284,900    772,487 
YTL Power International Bhd   4,154,100    730,537 
         1,167,527,360 
Mexico — 2.2%          
Alfa SAB de CV, Class A   24,936,800    19,158,274 
Alsea SAB de CV(a)   5,018,695    10,748,609 
America Movil SAB de CV, Series L, NVS   246,639,772    260,794,881 
Arca Continental SAB de CV   3,352,038    22,787,488 
Banco del Bajio SA(b)   7,059,097    17,414,149 
Bolsa Mexicana de Valores SAB de CV   4,462,695    8,219,948 
Cemex SAB de CV, NVS(a)   134,956,383    63,499,205 
Coca-Cola Femsa SAB de CV   4,179,700    25,037,211 
Security  Shares   Value 
Mexico (continued)          
Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)(c)   7,187,459   $11,219,163 
Corp Inmobiliaria Vesta SAB de CV   5,200,900    10,602,378 
Fibra Uno Administracion SA de CV   30,971,200    32,701,483 
Fomento Economico Mexicano SAB de CV   16,894,045    126,556,188 
GCC SAB de CV(c)   1,619,657    11,287,933 
Genomma Lab Internacional SAB de CV, Class B(c)   8,322,024    8,393,698 
Gentera SAB de CV   10,412,692    8,005,083 
Gruma SAB de CV, Class B   1,753,785    20,839,926 
Grupo Aeroportuario del Centro Norte SAB de CV   2,471,652    17,870,042 
Grupo Aeroportuario del Pacifico SAB de CV, Class B   3,274,800    49,164,016 
Grupo Aeroportuario del Sureste SAB de CV, Class B   1,726,655    37,721,365 
Grupo Bimbo SAB de CV, Series A   12,176,002    40,041,201 
Grupo Carso SAB de CV, Series A1   4,288,036    17,668,090 
Grupo Comercial Chedraui SA de CV   3,210,359    8,898,406 
Grupo Financiero Banorte SAB de CV, Class O   22,765,478    147,590,119 
Grupo Financiero Inbursa SAB de CV, Class O(a)   19,275,042    39,264,065 
Grupo Herdez SAB de CV(c)   2,846,000    4,351,319 
Grupo Mexico SAB de CV, Series B   27,624,320    136,447,760 
Grupo Televisa SAB, CPO   21,491,256    43,986,067 
Industrias Penoles SAB de CV   1,236,485    14,541,524 
Kimberly-Clark de Mexico SAB de CV, Class A   12,525,075    19,391,735 
La Comer SAB de CV(c)   5,214,696    10,089,968 
Macquarie Mexico Real Estate Management SA de CV(b)   9,550,400    12,728,691 
Nemak SAB de CV(a)(b)   14,312,424    3,250,758 
Operadora de Sites Mexicanos SA de CV(c)   12,039,895    15,942,667 
Orbia Advance Corp. SAB de CV   8,843,783    23,749,088 
PLA Administradora Industrial S. de RL de CV(c)   8,052,649    12,050,025 
Prologis Property Mexico SA de CV   3,831,358    10,016,177 
Promotora y Operadora de Infraestructura SAB de CV   1,750,025    12,019,556 
Qualitas Controladora SAB de CV   1,749,178    8,776,775 
Regional SAB de CV   2,049,247    11,876,584 
Wal-Mart de Mexico SAB de CV   45,396,096    167,855,182 
         1,522,556,797 
Panama — 0.0%          
Intercorp Financial Services Inc.   284,363    7,760,266 
           
Peru — 0.2%          
Cia. de Minas Buenaventura SAA, ADR   1,965,946    16,789,179 
Credicorp Ltd.   606,994    85,209,818 
Southern Copper Corp.   744,391    45,988,476 
         147,987,473 
Philippines — 0.8%          
Aboitiz Equity Ventures Inc.   15,625,520    15,808,209 
AC Energy Corp.   69,318,535    9,443,304 
Alliance Global Group Inc.   38,046,200    7,764,853 
Ayala Corp.   2,241,795    29,790,083 
Ayala Land Inc.   64,138,340    36,181,769 
Bank of the Philippine Islands   15,961,003    30,116,825 
BDO Unibank Inc.   18,064,686    45,956,700 
Bloomberry Resorts Corp.(a)   43,489,800    5,254,888 
Cebu Air Inc.(a)   2,932,730    2,519,076 
Converge Information and Communications Technology Solutions Inc.(a)   18,158,500    9,185,402 
Cosco Capital Inc.   33,166,600    2,981,908 


14

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Philippines (continued)          
D&L Industries Inc.   33,227,000   $4,466,771 
DMCI Holdings Inc.   35,608,100    6,117,348 
Filinvest Land Inc.   77,265,000    1,371,633 
Globe Telecom Inc.   246,795    11,412,890 
GT Capital Holdings Inc.   882,900    8,454,229 
International Container Terminal Services Inc.   9,700,890    40,153,624 
JG Summit Holdings Inc.   28,229,851    29,287,796 
Jollibee Foods Corp.   4,104,770    16,401,486 
Manila Electric Co.   1,868,760    13,309,080 
Manila Water Co. Inc.   12,238,600    4,271,485 
Megaworld Corp.   111,551,200    5,870,980 
Metro Pacific Investments Corp.   135,901,800    9,537,055 
Metropolitan Bank & Trust Co.   15,475,753    16,215,405 
Monde Nissin Corp.(a)(b)   50,212,000    14,185,399 
PLDT Inc.   729,950    26,473,968 
Puregold Price Club Inc.   9,445,950    5,944,903 
Robinsons Land Corp.   22,322,913    8,258,890 
Security Bank Corp.   3,110,930    5,476,238 
Semirara Mining & Power Corp.   7,586,000    4,789,492 
SM Investments Corp.   2,211,982    36,204,370 
SM Prime Holdings Inc.   91,864,496    64,625,001 
Universal Robina Corp.   7,789,450    16,036,310 
Vista Land & Lifescapes Inc.   50,081,300    2,246,090 
Wilcon Depot Inc.   13,466,200    6,811,822 
         552,925,282 
Poland — 0.7%          
Alior Bank SA(a)(c)   911,830    7,078,216 
Allegro.eu SA (a)(b)(c)   3,117,403    18,270,304 
AmRest Holdings SE(a)   765,419    3,296,117 
Asseco Poland SA   572,017    10,325,409 
Bank Millennium SA(a)   6,657,142    7,626,804 
Bank Polska Kasa Opieki SA   1,639,456    35,781,389 
Budimex SA(c)   130,890    6,772,447 
CCC SA(a)(c)   356,212    4,347,437 
CD Projekt SA(c)   564,833    14,373,028 
Cyfrowy Polsat SA   2,118,053    11,134,442 
Dino Polska SA(a)(b)   448,459    31,349,941 
Enea SA(a)   2,601,325    5,427,958 
Eurocash SA   924,667    2,405,167 
Grupa Azoty SA(a)(c)   471,742    5,579,098 
Grupa Lotos SA(a)   828,194    13,661,620 
Jastrzebska Spolka Weglowa SA(a)   514,073    8,000,497 
KGHM Polska Miedz SA   1,248,357    42,521,353 
KRUK SA(c)   164,819    10,556,180 
LPP SA   9,959    23,935,634 
mBank SA(a)   142,848    9,311,419 
Orange Polska SA(a)   5,747,645    8,454,297 
PGE Polska Grupa Energetyczna SA(a)   7,462,711    17,646,481 
Polski Koncern Naftowy ORLEN SA   2,573,963    44,426,861 
Polskie Gornictwo Naftowe i Gazownictwo SA   15,088,569    21,148,913 
Powszechna Kasa Oszczednosci Bank Polski SA(a)   7,713,592    57,615,153 
Powszechny Zaklad Ubezpieczen SA   5,150,697    39,047,729 
Santander Bank Polska SA   316,148    19,063,257 
Tauron Polska Energia SA(a)   10,437,674    8,068,255 
Warsaw Stock Exchange(c)   435,842    3,881,411 
         491,106,817 
Qatar — 1.0%          
Al Meera Consumer Goods Co. QSC   1,243,284    6,212,590 
Security  Shares   Value 
Qatar (continued)          
Baladna   6,450,781   $3,214,572 
Barwa Real Estate Co.   14,668,477    13,572,409 
Commercial Bank PSQC (The)   18,573,077    35,907,864 
Doha Bank QPSC   13,776,869    10,101,843 
Gulf International Services QSC(a)   9,170,753    4,920,154 
Industries Qatar QSC   13,763,745    68,967,323 
Masraf Al Rayan QSC   44,637,979    57,392,506 
Medicare Group   1,719,872    3,310,480 
Mesaieed Petrochemical Holding Co.   41,459,433    30,759,738 
Ooredoo QPSC   6,478,771    13,135,836 
Qatar Aluminum Manufacturing Co.   29,109,148    16,252,090 
Qatar Electricity & Water Co. QSC   4,427,382    20,365,533 
Qatar Fuel QSC   3,661,760    17,244,787 
Qatar Gas Transport Co. Ltd.   21,017,211    21,533,364 
Qatar Insurance Co. SAQ   15,104,075    10,008,039 
Qatar International Islamic Bank QSC   6,965,999    20,217,562 
Qatar Islamic Bank SAQ   13,736,035    87,066,660 
Qatar National Bank QPSC   40,027,317    235,946,964 
Qatar National Cement Co. QSC   2,850,057    3,903,343 
Qatar Navigation QSC   3,550,856    8,228,050 
United Development Co. QSC   18,762,110    7,402,615 
Vodafone Qatar QSC   22,783,900    10,074,885 
         705,739,207 
Romania — 0.0%          
NEPI Rockcastle S.A.   3,751,278    23,550,173 
           
Russia — 0.0%          
Aeroflot PJSC(a)(d)   12,448,217    1,984 
Alrosa PJSC(d)   22,555,750    3,595 
Credit Bank of Moscow PJSC(a)(d)   131,641,331    20,979 
Detsky Mir PJSC(b)(d)   5,639,776    899 
Federal Grid Co. Unified Energy System PJSC(d)   2,175,770,000    347 
Gazprom PJSC(d)   101,307,770    16,145 
Globaltrans Investment PLC, GDR(d)   1,523,220    243 
Inter RAO UES PJSC(d)   270,997,905    43,187 
LSR Group PJSC(d)   498,324    79 
LUKOIL PJSC(d)   3,545,225    565 
Magnit PJSC, GDR(d)   2,913,032    87 
MMC Norilsk Nickel PJSC(d)   542,170    86 
Mobile TeleSystems PJSC, ADR(d)   3,808,646    38,086 
Moscow Exchange MICEX-RTS PJSC(a)(d)   12,320,031    1,963 
Novatek PJSC, GDR(d)   779,296    7,793 
Novolipetsk Steel PJSC(d)   12,759,568    2,033 
OGK-2 PJSC(d)   319,608,000    50,934 
Ozon Holdings PLC, GDR(a)(d)   453,223    72 
PhosAgro PJSC(d)   7,905    1 
PhosAgro PJSC, GDR(d)   1,227,202    12,194 
Polymetal International PLC(d)   3,035,664    484 
Polyus PJSC(d)   290,787    46 
Ros Agro PLC, GDR(d)   300,309    48 
Rosneft Oil Co. PJSC(d)   9,721,202    1,549 
Rostelecom PJSC(d)   8,098,021    1,291 
Sberbank of Russia PJSC(a)(d)   91,862,230    14,639 
Segezha Group PJSC(b)(d)   34,454,100    5,491 
Severstal PAO(d)   1,835,503    293 
Sistema PJSFC, GDR(d)   1,537,435    15,374 
Sovcomflot PJSC(d)   4,464,400    711 
Surgutneftegas PJSC(d)   60,550,132    9,649 
Tatneft PJSC(d)   11,775,415    1,877 
TCS Group Holding PLC, GDR(a)(d)   1,042,828    166 


15

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Russia (continued)          
Unipro PJSC(d)   160,829,082   $25,630 
United Co. RUSAL International PJSC(a)(d)   26,465,860    4,218 
VK Co. Ltd.(a)(d)   956,753    152 
VTB Bank PJSC(d)   25,685,534,000    4,093 
X5 Retail Group NV, GDR(d)   1,023,928    163 
Yandex NV(a)(d)   2,640,123    421 
         287,567 
Saudi Arabia — 4.2%          
Abdullah Al Othaim Markets Co.   405,622    11,961,550 
ACWA Power Co.(a)   568,463    23,675,222 
Advanced Petrochemical Co.   1,172,186    18,281,451 
Al Hammadi Co. for Development and Investment   761,877    10,551,899 
Al Moammar Information Systems Co.   50,094    1,602,794 
Al Rajhi Bank   17,280,865    454,600,042 
Aldrees Petroleum and Transport Services Co.   560,954    11,441,819 
Alinma Bank   8,577,097    87,904,260 
Almarai Co. JSC   2,132,163    31,158,808 
Alujain Holding   428,388    8,218,320 
Arab National Bank   5,426,043    45,271,786 
Arabian Cement Co./Saudi Arabia   646,911    6,511,369 
Arabian Contracting Services Co.   98,127    2,747,190 
Arriyadh Development Co.   1,264,678    8,246,982 
Astra Industrial Group   85,625    1,157,496 
Bank AlBilad(a)   4,599,630    61,379,950 
Bank Al-Jazira   3,399,052    25,980,307 
Banque Saudi Fransi   5,336,560    76,450,439 
Bupa Arabia for Cooperative Insurance Co.   566,648    23,809,612 
City Cement Co.   928,203    5,943,996 
Co. for Cooperative Insurance (The)   577,800    9,191,574 
Dallah Healthcare Co.   427,184    13,058,694 
Dar Al Arkan Real Estate Development Co.(a)   3,819,162    12,528,349 
Dr Sulaiman Al Habib Medical Services Group Co.   717,387    40,893,576 
Eastern Province Cement Co.   627,590    7,712,015 
Elm Co.   35,617    2,478,613 
Emaar Economic City(a)   3,858,480    11,460,936 
Etihad Etisalat Co.   3,311,120    34,664,070 
Fawaz Abdulaziz Al Hokair & Co.(a)   853,194    2,973,010 
Herfy Food Services Co.(a)   346,966    4,532,065 
Jarir Marketing Co.   505,891    21,855,882 
Leejam Sports Co. JSC   273,983    7,336,441 
Methanol Chemicals Co.(a)   228,945    2,685,930 
Middle East Healthcare Co.(a)   77,957    791,938 
Middle East Paper Co.(a)   171,048    2,877,784 
Mobile Telecommunications Co.(a)   3,684,163    13,102,148 
Mouwasat Medical Services Co.   452,117    26,327,919 
National Agriculture Development Co. (The)(a)   706,081    5,812,849 
National Gas & Industrialization Co.   331,226    4,194,093 
National Industrialization Co.(a)   2,963,961    14,477,768 
National Medical Care Co.   291,796    5,463,337 
Qassim Cement Co. (The)   514,626    10,881,174 
Rabigh Refining & Petrochemical Co.(a)   2,020,568    14,578,021 
Riyad Bank   12,186,924    124,672,938 
SABIC Agri-Nutrients Co.   1,895,914    74,254,486 
Sahara International Petrochemical Co.   3,296,700    47,035,020 
Saudi Airlines Catering Co.(a)   532,826    11,385,666 
Saudi Arabian Mining Co.(a)   7,792,569    135,033,317 
Saudi Arabian Oil Co.(b)   20,906,703    233,471,588 
Saudi Basic Industries Corp.   7,896,868    241,256,782 
Saudi British Bank (The)   7,842,698    87,128,717 
Saudi Cement Co.   649,003    9,738,288 
Security  Shares   Value 
Saudi Arabia (continued)          
Saudi Ceramic Co.   352,136   $4,859,355 
Saudi Electricity Co.   7,187,383    46,530,914 
Saudi Ground Services Co.(a)   762,288    6,401,855 
Saudi Industrial Investment Group   2,727,908    22,175,353 
Saudi Investment Bank (The)   3,792,595    22,651,414 
Saudi Kayan Petrochemical Co.(a)   6,530,724    30,184,198 
Saudi National Bank (The)   19,399,469    375,056,123 
Saudi Pharmaceutical Industries & Medical Appliances Corp.   780,550    6,864,422 
Saudi Real Estate Co.(a)   858,223    3,756,218 
Saudi Research & Media Group(a)   337,722    22,403,679 
Saudi Tadawul Group Holding Co.   250,272    15,561,507 
Saudi Telecom Co.   5,236,653    143,498,231 
Saudia Dairy & Foodstuff Co.   196,523    8,988,870 
Savola Group (The)   2,135,278    21,414,038 
Seera Group Holding(a)   1,808,355    10,020,621 
Southern Province Cement Co.   615,717    9,503,283 
Theeb Rent A Car Co.   111,404    1,853,515 
United Electronics Co.   353,000    10,866,262 
United International Transportation Co.   702,605    8,797,509 
Yamama Cement Co.(a)   1,204,945    9,445,509 
Yanbu Cement Co.   920,767    9,234,034 
Yanbu National Petrochemical Co.   2,210,649    32,046,147 
         2,972,863,337 
Singapore — 0.0%          
BOC Aviation Ltd.(b)   1,793,400    14,791,998 
China XLX Fertiliser Ltd.   3,883,000    3,211,422 
         18,003,420 
South Africa — 3.7%          
Absa Group Ltd.   7,154,269    84,045,787 
Adcock Ingram Holdings Ltd.   736,041    2,604,989 
AECI Ltd.   1,281,612    8,475,127 
African Rainbow Minerals Ltd.   1,062,062    17,691,585 
Anglo American Platinum Ltd.   475,702    52,061,378 
AngloGold Ashanti Ltd.   3,720,200    64,086,230 
Aspen Pharmacare Holdings Ltd.   3,409,202    35,165,692 
Astral Foods Ltd.   459,972    5,651,536 
AVI Ltd.   2,428,228    10,244,542 
Barloworld Ltd.   1,443,861    9,109,650 
Bid Corp. Ltd.   2,957,102    63,343,180 
Bidvest Group Ltd. (The)   2,422,383    33,779,807 
Capitec Bank Holdings Ltd.   738,173    106,205,665 
Clicks Group Ltd.   2,209,233    42,997,694 
Coronation Fund Managers Ltd.   2,554,918    6,104,856 
DataTec Ltd.   2,007,201    4,767,439 
Dis-Chem Pharmacies Ltd.(b)   3,537,425    7,992,855 
Discovery Ltd.(a)   4,502,732    41,870,697 
Distell Group Holdings Ltd.(a)   967,259    10,687,999 
DRDGOLD Ltd.(c)   4,893,275    3,379,248 
Equites Property Fund Ltd.   5,168,558    6,385,507 
Exxaro Resources Ltd.   2,231,973    31,655,454 
FirstRand Ltd.   43,987,246    203,651,587 
Fortress REIT Ltd., Series A   11,907,098    9,438,147 
Foschini Group Ltd. (The)   2,921,864    26,460,438 
Gold Fields Ltd.   7,971,301    76,331,553 
Growthpoint Properties Ltd.   31,097,599    28,625,197 
Harmony Gold Mining Co. Ltd.   4,990,346    16,815,039 
Impala Platinum Holdings Ltd.   7,285,915    99,335,168 
Investec Ltd.   2,854,590    17,610,642 


16

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
South Africa (continued)          
JSE Ltd.   950,281   $6,828,356 
KAP Industrial Holdings Ltd.   28,176,439    8,455,767 
Kumba Iron Ore Ltd.   566,852    21,346,251 
Life Healthcare Group Holdings Ltd.   11,900,953    14,024,111 
Massmart Holdings Ltd.(a)(c)   1,130,591    2,675,483 
Momentum Metropolitan Holdings   10,193,027    10,307,867 
Motus Holdings Ltd.   1,442,845    10,563,262 
Mr. Price Group Ltd.   2,235,097    29,594,835 
MTN Group Ltd.   14,965,861    161,317,785 
MultiChoice Group   3,400,780    29,084,481 
Naspers Ltd., Class N   1,914,138    208,508,872 
Nedbank Group Ltd.   3,983,330    60,381,124 
Netcare Ltd.   10,096,167    9,841,773 
Ninety One Ltd.   1,938,147    5,339,776 
Northam Platinum Holdings Ltd.(a)   3,083,829    37,060,158 
Oceana Group Ltd.   786,058    2,835,462 
Old Mutual Ltd.   41,325,135    33,748,363 
Omnia Holdings Ltd.   1,149,143    6,140,271 
Pepkor Holdings Ltd.(b)   11,807,452    16,491,751 
Pick n Pay Stores Ltd.   2,917,354    10,258,643 
PSG Group Ltd.(a)   1,337,071    7,928,195 
Rand Merchant Investment Holdings Ltd.   7,028,901    12,904,197 
Redefine Properties Ltd.   52,452,406    14,685,835 
Reinet Investments SCA   1,262,442    25,620,461 
Remgro Ltd.   4,516,529    43,462,614 
Resilient REIT Ltd.   3,300,463    11,498,217 
Reunert Ltd.   1,831,956    4,794,265 
Royal Bafokeng Platinum Ltd.(c)   926,793    9,461,805 
Sanlam Ltd.   16,133,466    69,601,302 
Santam Ltd.   198,216    3,703,875 
Sappi Ltd.(a)(c)   5,176,730    18,856,906 
Sasol Ltd.(a)   4,998,864    130,738,397 
Shoprite Holdings Ltd.   4,478,847    61,653,906 
Sibanye Stillwater Ltd.   24,008,653    77,747,145 
SPAR Group Ltd. (The)   1,496,726    14,668,034 
Standard Bank Group Ltd.   11,823,855    135,089,828 
Steinhoff International Holdings NV(a)(c)   38,882,361    6,685,964 
Super Group Ltd./South Africa   4,042,997    7,675,854 
Telkom SA SOC Ltd.(a)   2,918,551    8,671,466 
Thungela Resources Ltd.(c)   1,162,654    18,577,138 
Tiger Brands Ltd.   1,376,723    12,589,068 
Transaction Capital Ltd.   3,950,772    10,960,512 
Truworths International Ltd.   3,478,890    12,115,377 
Vodacom Group Ltd.   5,499,093    51,638,838 
Vukile Property Fund Ltd.   8,675,722    7,625,485 
Wilson Bayly Holmes-Ovcon Ltd.   645,576    3,368,653 
Woolworths Holdings Ltd   8,724,592    31,047,417 
         2,624,749,833 
South Korea — 12.4%          
ABLBio Inc.(a)(c)   296,153    5,758,640 
Ace Technologies Corp.(a)(c)   329,981    2,752,433 
Advanced Nano Products Co. Ltd.   43,685    3,255,542 
AfreecaTV Co. Ltd.(c)   82,277    7,107,534 
Ahnlab Inc.(c)   61,644    5,586,615 
Alteogen Inc.(a)(c)   253,373    11,749,830 
Amicogen Inc.(a)(c)   171,592    4,042,932 
Amorepacific Corp.(c)   258,794    34,093,044 
AMOREPACIFIC Group   247,273    9,177,194 
Ananti Inc.(a)(c)   677,012    4,362,566 
AptaBio Therapeutics Inc.(a)(c)   170,837    2,559,444 
Security  Shares   Value 
South Korea (continued)          
Asiana Airlines Inc.(a)   348,336   $5,281,636 
BGF retail Co. Ltd.(c)   72,460    10,705,706 
BH Co. Ltd.(c)   264,367    5,980,661 
Binex Co. Ltd.(a)(c)   275,950    3,165,762 
Binggrae Co. Ltd.(c)   72,179    3,052,707 
Bioneer Corp.(a)(c)   224,605    5,603,585 
BNC Korea Co. Ltd.(a)(c)   559,242    4,482,846 
BNK Financial Group Inc.   2,266,739    14,448,599 
Boryung   338,886    3,306,096 
Bukwang Pharmaceutical Co. Ltd.(c)   426,213    3,672,734 
Cafe24 Corp.(a)(c)   159,511    2,119,360 
Cellid Co. Ltd.(a)   29,443    537,109 
Cellivery Therapeutics Inc.(a)(c)   136,692    3,107,742 
Celltrion Healthcare Co. Ltd.   748,757    37,279,272 
Celltrion Inc.(c)   861,884    111,444,780 
Celltrion Pharm Inc.(a)(c)   149,909    9,869,683 
Chabiotech Co. Ltd.(a)   468,111    6,761,988 
Cheil Worldwide Inc.   590,240    12,369,067 
Chong Kun Dang Pharmaceutical Corp.(c)   70,993    5,309,745 
Chunbo Co. Ltd.(c)   45,384    9,844,926 
CJ CGV Co. Ltd.(a)(c)   254,086    5,654,669 
CJ CheilJedang Corp.   72,324    22,912,607 
CJ Corp.   129,343    8,893,515 
CJ ENM Co. Ltd.   88,886    8,509,174 
CJ Logistics Corp.(a)   77,116    8,049,942 
CMG Pharmaceutical Co. Ltd.(a)(c)   1,231,289    3,157,887 
Com2uSCorp.(c)   78,718    5,533,410 
Cosmax Inc.(c)   85,874    4,838,802 
CosmoAM&T Co. Ltd.(a)   187,274    8,217,350 
Coway Co. Ltd.   473,490    27,244,500 
Creative & Innovative System(a)(c)   505,685    5,862,642 
CS Wind Corp.(c)   213,850    9,821,903 
Cuckoo Holdings Co. Ltd.(c)   88,875    1,284,155 
Cuckoo Homesys Co. Ltd.(c)   71,844    1,861,769 
Daeduck Electronics Co. Ltd./New   356,779    9,602,225 
Daejoo Electronic Materials Co. Ltd.(c)   113,988    8,193,155 
Daesang Corp.   240,091    4,351,172 
Daewoo Engineering & Construction Co. Ltd.(a)(c)   1,728,578    9,106,654 
Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)(c)   360,206    6,394,960 
Daewoong Co. Ltd.(c)   204,307    4,760,111 
Daewoong Pharmaceutical Co. Ltd.(c)   51,469    7,131,879 
Daishin Securities Co. Ltd.   411,932    5,439,964 
Danal Co. Ltd.(a)   475,636    3,625,321 
Daou Technology Inc.   289,592    4,791,559 
Dawonsys Co. Ltd.(c)   273,439    6,292,087 
DB HiTek Co. Ltd.   337,231    18,614,794 
DB Insurance Co. Ltd.   413,234    21,611,874 
Dentium Co. Ltd.   25,026    1,559,574 
Devsisters Co. Ltd.(c)   52,186    2,135,418 
DGB Financial Group Inc.   1,294,889    9,096,029 
DL E&C Co. Ltd.(c)   257,156    10,823,055 
DL Holdings Co. Ltd.(c)   107,670    6,087,001 
Dong-A Socio Holdings Co. Ltd.   39,699    3,409,868 
Dong-A ST Co. Ltd.(c)   75,230    3,932,994 
Dongjin Semichem Co. Ltd.(c)   299,612    10,220,988 
DongKook Pharmaceutical Co. Ltd.(c)   297,086    5,244,130 
Dongkuk Steel Mill Co. Ltd.(c)   626,678    8,952,260 
Dongsuh Cos. Inc.(c)   308,199    6,831,812 
Dongwon F&B Co. Ltd.   11,785    1,564,515 


17

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
South Korea (continued)          
Dongwon Industries Co. Ltd.(c)   14,843   $2,844,862 
Doosan Bobcat Inc.   454,566    13,893,111 
Doosan Co. Ltd.   62,154    4,232,682 
Doosan Enerbility Co. Ltd.(a)(c)   3,487,887    58,177,784 
Doosan Fuel Cell Co. Ltd.(a)(c)   375,780    11,796,867 
DoubleUGames Co. Ltd.(c)   102,903    3,636,270 
Douzone Bizon Co. Ltd.   199,647    5,956,674 
Duk San Neolux Co. Ltd.(a)(c)   130,556    4,298,422 
Echo Marketing Inc.(c)   201,647    2,518,589 
Ecopro BM Co. Ltd.(c)   98,822    40,189,789 
Ecopro Co. Ltd.(c)   169,859    11,224,626 
Ecopro HN Co. Ltd.(c)   110,501    4,162,263 
E-MART Inc.   165,312    15,431,162 
Enchem Co. Ltd.(a)   66,038    4,158,067 
Enzychem Lifesciences Corp.(a)   40,239    682,040 
Eo Technics Co. Ltd.   93,865    8,014,197 
Eubiologics Co. Ltd.(a)(c)   269,175    3,840,835 
Eugene Technology Co. Ltd.(c)   180,830    5,925,065 
F&F Co. Ltd./New   154,225    18,084,678 
Fila Holdings Corp.   421,439    10,773,313 
Foosung Co. Ltd.   502,022    9,385,118 
GC Cell Corp.(a)(c)   91,925    4,701,184 
GemVax & Kael Co. Ltd.(a)(c)   346,718    4,085,311 
Geneone Life Science Inc.(a)   681,934    6,832,782 
Genexine Inc.(a)(c)   178,577    5,436,904 
GOLFZON Co. Ltd.(c)   39,516    5,357,626 
Grand Korea Leisure Co. Ltd.(a)(c)   377,246    4,566,849 
Green Cross Corp.   51,607    7,987,558 
Green Cross Holdings Corp.(c)   202,002    3,555,490 
GS Engineering & Construction Corp.   513,161    16,442,073 
GS Holdings Corp.   381,694    13,952,390 
GS Retail Co. Ltd.(c)   321,553    6,977,112 
HAESUNG DS Co. Ltd.   29,381    1,719,354 
Halla Holdings Corp.   81,916    2,740,090 
Hana Financial Group Inc.   2,573,829    102,935,903 
Hana Materials Inc.   22,875    1,190,713 
Hana Micron Inc.(a)   275,790    4,302,253 
Hana Tour Service Inc.(a)(c)   112,494    6,871,859 
Hanall Biopharma Co. Ltd.(a)(c)   333,151    4,642,213 
Handsome Co. Ltd.   138,264    4,281,649 
Hanil Cement Co. Ltd./New(c)   256,774    4,032,414 
Hanjin Transportation Co. Ltd.(c)   73,444    1,811,764 
Hankook & Co. Co. Ltd.(c)   272,075    3,124,393 
Hankook Tire & Technology Co. Ltd.   642,674    18,437,675 
Hanmi Pharm Co. Ltd.   57,635    14,369,723 
Hanmi Semiconductor Co. Ltd.   463,943    5,371,294 
Hanon Systems   1,653,855    15,229,332 
Hansae Co. Ltd.(c)   200,789    3,540,054 
Hansol Chemical Co. Ltd.(c)   86,375    18,382,306 
Hanssem Co. Ltd.(c)   93,802    5,510,101 
Hanwha Aerospace Co. Ltd.(c)   324,454    14,100,556 
Hanwha Corp.(c)   353,186    8,213,437 
Hanwha Investment & Securities Co. Ltd.   1,092,611    3,620,017 
Hanwha Life Insurance Co. Ltd.(a)(c)   3,126,591    6,626,674 
Hanwha Solutions Corp.(a)(c)   997,137    31,304,619 
Hanwha Systems Co. Ltd.(c)   579,377    7,399,482 
HD Hyundai Co. Ltd.   416,835    20,991,342 
HDC Holdings Co. Ltd.(c)   374,718    2,184,503 
HDC Hyundai Development Co-Engineering & Construction, Class E(c)   377,985    4,220,753 
Security  Shares   Value 
South Korea (continued)          
Helixmith Co. Ltd.(a)(c)   355,645   $6,378,093 
Hite Jinro Co. Ltd.(c)   331,474    9,523,135 
HK inno N Corp.   40,054    1,510,281 
HLB Global Co. Ltd.(a)   340,270    2,785,319 
HLB Inc.(a)(c)   857,462    31,362,793 
HLB Life Science Co. Ltd.(a)(c)   777,549    9,805,022 
HMM Co. Ltd.(c)   2,369,841    61,954,000 
Hotel Shilla Co. Ltd.(c)   252,233    15,824,798 
Hugel Inc.(a)(c)   65,588    6,575,552 
Huons Co. Ltd.(c)   112,277    3,511,455 
Hwaseung Enterprise Co. Ltd.(c)   218,273    2,767,222 
HYBE Co. Ltd.(a)   151,400    28,150,760 
Hyosung Advanced Materials Corp.(c)   24,416    10,183,584 
Hyosung Chemical Corp.(a)   20,443    3,839,710 
Hyosung Corp.   96,106    6,526,697 
Hyosung TNC Corp.(c)   23,512    8,103,552 
Hyundai Autoever Corp.   65,473    7,061,856 
Hyundai Bioscience Co. Ltd.(a)(c)   341,925    8,105,116 
Hyundai Construction Equipment Co. Ltd.   138,481    4,525,552 
Hyundai Department Store Co. Ltd.(c)   134,753    8,573,825 
Hyundai Doosan Infracore Co. Ltd.(a)(c)   1,097,307    5,652,662 
Hyundai Electric & Energy System Co. Ltd.(a)   85,960    1,566,762 
Hyundai Elevator Co. Ltd.(c)   258,609    7,175,813 
Hyundai Engineering & Construction Co. Ltd.   664,730    23,169,556 
Hyundai Glovis Co. Ltd.   162,545    27,735,640 
Hyundai Greenfood Co. Ltd.(c)   721,389    4,869,152 
Hyundai Heavy Industries Co. Ltd.(a)   138,650    13,336,041 
Hyundai Home Shopping Network Corp.   58,131    2,764,638 
Hyundai Marine & Fire Insurance Co. Ltd.(c)   483,461    12,254,383 
Hyundai Mipo Dockyard Co. Ltd.(a)(c)   223,412    15,081,955 
Hyundai Mobis Co. Ltd.   533,667    93,742,387 
Hyundai Motor Co.   1,229,538    187,356,919 
Hyundai Rotem Co. Ltd.(a)(c)   641,927    9,992,349 
Hyundai Steel Co.(c)   775,410    25,730,206 
Hyundai Wia Corp.(c)   150,664    8,042,619 
Il Dong Pharmaceutical Co. Ltd.(a)   36,117    1,217,329 
Iljin Hysolus Co. Ltd.   81,168    2,847,309 
Iljin Materials Co. Ltd.(c)   210,745    15,284,588 
Ilyang Pharmaceutical Co. Ltd.   138,920    3,016,446 
Industrial Bank of Korea   1,990,621    18,101,685 
Innocean Worldwide Inc.   93,086    3,786,268 
Innox Advanced Materials Co. Ltd.(c)   147,191    5,196,992 
Intellian Technologies Inc.   54,602    3,879,337 
INTOPS Co. Ltd.   81,698    2,525,823 
iNtRON Biotechnology Inc.(a)(c)   289,917    4,050,369 
IS Dongseo Co. Ltd.(c)   160,569    6,412,660 
ITM Semiconductor Co. Ltd.(c)   92,814    2,615,339 
JB Financial Group Co. Ltd.   1,214,697    8,782,344 
Jeju Air Co. Ltd.(a)   94,197    1,652,178 
Jusung Engineering Co. Ltd.   358,371    6,082,447 
JW Pharmaceutical Corp.   189,171    3,948,358 
JYP Entertainment Corp.(c)   267,677    12,249,214 
Kakao Corp.(c)   2,749,691    187,801,895 
Kakao Games Corp.(a)(c)   290,823    14,588,780 
KakaoBank Corp.(a)(c)   1,001,734    32,744,314 
Kangwon Land Inc.(a)(c)   841,225    19,066,742 
KB Financial Group Inc.(c)   3,457,616    168,985,697 
KCC Corp.(c)   41,376    11,589,132 
KCC Glass Corp.   103,576    4,832,003 
KEPCO Engineering & Construction Co. Inc.(c)   130,039    7,738,466 


18

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
South Korea (continued)          
KEPCO Plant Service & Engineering Co. Ltd.(c)   230,026   $6,955,298 
Kginicis Co. Ltd.(c)   233,305    2,972,918 
Kia Corp.   2,309,482    159,322,100 
KIWOOM Securities Co. Ltd.(c)   117,471    9,033,404 
KMW Co. Ltd.(a)(c)   256,449    6,527,159 
Koh Young Technology Inc.(c)   541,050    7,191,475 
Kolmar BNH Co. Ltd.(c)   122,397    3,047,526 
Kolmar Korea Co. Ltd.(c)   152,581    5,130,240 
Kolon Industries Inc.(c)   165,258    9,100,506 
Komipharm International Co. Ltd.(a)(c)   411,182    2,710,791 
KONA I Co. Ltd.(a)   28,927    518,433 
Korea Aerospace Industries Ltd.   642,464    27,197,909 
Korea Electric Power Corp.(a)   2,189,320    41,251,970 
Korea Investment Holdings Co. Ltd.   351,002    20,232,049 
Korea Line Corp.(a)   1,493,505    3,681,374 
Korea Petrochemical Ind Co. Ltd.(c)   31,429    3,942,392 
Korea REIT & Trust Co. Ltd.   2,525,881    4,052,840 
Korea Shipbuilding & Offshore Engineering Co. Ltd.(a)   343,684    25,309,378 
Korea United Pharm Inc.(c)   105,901    2,377,873 
Korea Zinc Co. Ltd.(c)   76,809    36,778,915 
Korean Air Lines Co. Ltd.(a)   1,527,811    35,839,917 
Korean Reinsurance Co.   861,115    6,694,240 
Krafton Inc.(a)(c)   206,851    43,036,720 
KT Skylife Co. Ltd.   280,794    2,104,086 
KT&G Corp.   965,212    66,228,784 
Kuk-Il Paper Manufacturing Co. Ltd.(a)(c)   1,171,681    2,927,832 
Kumho Petrochemical Co. Ltd.(c)   162,814    20,983,140 
Kumho Tire Co. Inc.(a)(c)   920,961    3,175,284 
Kyung Dong Navien Co. Ltd.   82,064    3,035,953 
L&C Bio Co. Ltd.(c)   172,210    5,384,456 
L&F Co. Ltd.(a)(c)   204,487    42,819,711 
LEENO Industrial Inc.(c)   90,852    11,447,337 
LegoChem Biosciences Inc.(a)(c)   208,325    6,930,006 
LF Corp.   203,846    3,209,749 
LG Chem Ltd.   428,464    201,390,693 
LG Corp.   764,416    49,303,594 
LG Display Co. Ltd.(c)   2,019,459    28,250,563 
LG Electronics Inc.   928,406    78,307,264 
LG Energy Solution(a)(c)   186,808    67,025,279 
LG Household & Health Care Ltd.(c)   81,104    47,896,852 
LG Innotek Co. Ltd.(c)   126,532    39,101,872 
LG Uplus Corp.   1,774,234    19,835,403 
LIG Nex1 Co. Ltd.(c)   127,972    8,185,780 
Lock&Lock Co. Ltd.(a)   277,278    2,182,968 
Lotte Chemical Corp.   147,564    24,299,355 
Lotte Chilsung Beverage Co. Ltd.(c)   44,958    7,076,450 
Lotte Confectionery Co. Ltd.   19,755    1,807,392 
LOTTE Fine Chemical Co. Ltd.(c)   159,719    10,786,258 
LOTTE Himart Co. Ltd.   96,723    1,706,741 
LOTTE Reit Co. Ltd.   1,846,846    8,979,772 
Lotte Rental Co. Ltd.   43,134    1,305,665 
Lotte Shopping Co. Ltd.   102,761    8,404,547 
Lotte Tour Development Co. Ltd.(a)(c)   439,402    5,848,909 
LS Corp.(c)   165,196    8,771,259 
LS Electric Co. Ltd.(c)   182,225    7,511,807 
Lutronic Corp.   166,851    3,290,628 
Lx Hausys Ltd.   69,678    2,817,926 
LX Holdings Corp.(a)(c)   433,826    3,393,911 
Lx International Corp.(c)   280,149    8,593,105 
Security  Shares   Value 
South Korea (continued)          
LX Semicon Co. Ltd.(c)   103,590   $10,569,684 
Maeil Dairies Co. Ltd.(c)   51,902    2,767,849 
Mando Corp.(c)   284,520    12,544,598 
Mcnex Co. Ltd.   138,754    4,333,055 
MedPacto Inc.(a)(c)   132,779    3,220,785 
Medytox Inc.(a)(c)   47,155    4,806,183 
MegaStudyEdu Co. Ltd.(c)   97,377    7,257,605 
Meritz Financial Group Inc.(c)   321,216    8,469,521 
Meritz Fire & Marine Insurance Co. Ltd.   331,940    10,348,814 
Meritz Securities Co. Ltd.(c)   2,483,277    12,168,604 
Mezzion Pharma Co. Ltd.(a)(c)   246,768    3,861,105 
Mirae Asset Life Insurance Co. Ltd.   749,463    2,284,001 
Mirae Asset Securities Co. Ltd.   2,040,057    13,391,335 
Myoung Shin Industrial Co. Ltd.(a)(c)   230,666    4,403,488 
Namhae Chemical Corp.(c)   288,944    2,956,487 
Naturecell Co. Ltd.(a)(c)   490,762    6,950,647 
NAVER Corp.   1,126,618    260,867,819 
NCSoft Corp.   144,991    53,081,890 
NEPES Corp.(a)(c)   206,857    4,848,161 
Netmarble Corp.(b)(c)   183,611    12,314,796 
Nexen Tire Corp.(c)   313,677    1,585,023 
Nexon Games Co. Ltd.(a)   215,877    4,231,343 
NH Investment & Securities Co. Ltd.   971,375    8,453,775 
NHN Corp.(a)   186,111    4,750,871 
NHN KCP Corp.(a)(c)   286,655    3,731,351 
NICE Holdings Co. Ltd.   254,909    3,172,272 
NICE Information Service Co. Ltd.   374,921    5,088,453 
NKMax Co. Ltd.(a)(c)   339,239    5,528,482 
NongShim Co. Ltd.(c)   33,894    7,544,391 
OCI Co. Ltd.(c)   176,781    18,328,865 
Orion Corp./Republic of Korea   208,672    16,370,972 
Orion Holdings Corp.   266,771    3,073,848 
Oscotec Inc.(a)(c)   236,999    5,606,032 
Ottogi Corp.(c)   14,622    5,225,116 
Pan Ocean Co. Ltd.(c)   2,420,313    14,806,940 
Paradise Co. Ltd.(a)(c)   532,730    7,047,246 
Park Systems Corp.(c)   46,128    4,063,199 
Partron Co. Ltd.(c)   469,819    4,231,611 
Pearl Abyss Corp.(a)(c)   265,762    13,520,823 
People & Technology Inc.(c)   186,863    9,284,476 
PharmaResearch Co. Ltd.(c)   67,002    4,465,990 
Pharmicell Co. Ltd.(a)   571,211    7,182,624 
PI Advanced Materials Co. Ltd.(c)   166,733    6,706,697 
Poongsan Corp.(c)   284,430    6,982,318 
POSCO Chemical Co. Ltd.(c)   248,676    26,097,412 
POSCO Holdings Inc.   654,785    152,197,858 
Posco ICT Co. Ltd.(c)   620,180    3,106,736 
Posco International Corp.(c)   457,202    8,713,861 
PSK Inc.   17,595    643,529 
RFHIC Corp.(c)   190,749    4,770,600 
S&S Tech Corp.(c)   191,120    3,960,616 
S-1 Corp.   131,123    7,599,981 
Sam Chun Dang Pharm Co. Ltd.(a)(c)   146,948    5,327,063 
Sam Kang M&T Co. Ltd.(a)(c)   268,326    4,827,921 
Samsung Biologics Co. Ltd.(a)(b)(c)   155,598    106,190,484 
Samsung C&T Corp.(c)   728,533    70,936,180 
Samsung Electro-Mechanics Co. Ltd.   488,972    60,756,844 
Samsung Electronics Co. Ltd.   41,824,054    2,274,305,934 
Samsung Engineering Co. Ltd.(a)(c)   1,403,016    27,738,591 
Samsung Fire & Marine Insurance Co. Ltd.   270,617    43,352,361 


19

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
South Korea (continued)          
Samsung Heavy Industries Co. Ltd.(a)(c)   5,571,106   $26,623,616 
Samsung Life Insurance Co. Ltd.   594,293    32,618,007 
Samsung SDI Co. Ltd.   483,617    223,643,838 
Samsung SDS Co. Ltd.   299,146    35,771,109 
Samsung Securities Co. Ltd.   506,507    16,167,726 
Samwha Capacitor Co. Ltd.   104,173    4,268,888 
Samyang Foods Co. Ltd.(c)   53,350    3,977,528 
Samyang Holdings Corp.   49,329    3,237,532 
SD Biosensor Inc.   314,926    12,691,477 
Sebang Global Battery Co. Ltd.(c)   58,163    2,928,283 
Seegene Inc.(c)   318,705    11,430,432 
Seobu T&D(c)   470,756    3,602,463 
Seojin System Co. Ltd.(c)   275,319    3,945,802 
Seoul Semiconductor Co. Ltd.(c)   439,940    4,536,410 
SFA Engineering Corp.(c)   192,011    6,486,794 
SFA Semicon Co. Ltd.(a)(c)   888,150    4,854,831 
Shin Poong Pharmaceutical Co. Ltd.(a)(c)   301,934    7,092,919 
Shinhan Financial Group Co. Ltd.   3,843,150    133,784,557 
Shinsegae Inc.(c)   60,761    12,406,790 
Shinsegae International Inc.(c)   147,905    4,126,284 
SillaJen Inc.(a)(c)(d)   540,819    2,909,110 
SIMMTECH Co. Ltd.(c)   190,046    7,801,406 
SK Biopharmaceuticals Co. Ltd.(a)(c)   233,948    16,350,887 
SK Bioscience Co. Ltd.(a)(c)   201,504    21,989,616 
SK Chemicals Co. Ltd.   103,667    10,762,673 
SK D&D Co. Ltd.   80,645    2,010,937 
SK Discovery Co. Ltd.(c)   97,764    3,171,079 
SK Gas Ltd.   44,716    4,707,272 
SK Hynix Inc.   4,773,642    413,746,970 
SK IE Technology Co. Ltd.(a)(b)(c)   209,876    21,309,332 
SK Inc.(c)   326,916    65,228,551 
SK Innovation Co. Ltd.(a)(c)   475,451    82,369,326 
SK Networks Co. Ltd.   1,404,963    5,327,814 
SK Square Co. Ltd.(a)(c)   861,376    32,688,224 
SK Telecom Co. Ltd.   209,895    9,664,736 
SKC Co. Ltd.(c)   193,945    25,055,933 
SL Corp.(c)   142,347    3,576,760 
SM Entertainment Co. Ltd.   177,819    9,940,048 
SNT Motiv Co. Ltd.(c)   90,393    3,419,071 
S-Oil Corp.(c)   394,697    36,427,601 
SOLUM Co. Ltd.(a)   331,289    6,091,433 
Solus Advanced Materials Co. Ltd.   136,661    6,998,836 
Soulbrain Co. Ltd./New(c)   43,126    9,504,460 
Soulbrain Holdings Co. Ltd.   29,064    626,578 
ST Pharm Co. Ltd.(c)   93,769    7,843,984 
STIC Investments Inc.   183,149    1,315,008 
Taihan Electric Wire Co. Ltd.(a)(c)   4,566,035    8,214,470 
Tera Resource Co. Ltd.(a)(d)   49,111     
TES Co. Ltd./Korea(c)   198,028    4,141,881 
Tesna Inc.   93,453    3,142,293 
TKG Huchems Co. Ltd.(c)   225,764    4,545,357 
Tokai Carbon Korea Co. Ltd.   55,096    6,120,736 
Tongyang Life Insurance Co. Ltd.   740,480    3,504,300 
TY Holdings Co. Ltd./Korea(a)   227,999    4,674,056 
Unid Co. Ltd.   39,714    4,092,738 
Vaxcell-Bio Therapeutics Co. Ltd.(a)(c)   84,853    3,191,846 
Vidente Co. Ltd.(a)(c)   368,511    3,467,799 
Webzen Inc.(a)(c)   156,475    2,640,990 
Wemade Co. Ltd.(c)   168,662    11,520,543 
Wonik Holdings Co. Ltd.(a)   1    4 
Security  Shares   Value 
South Korea (continued)          
WONIK IPS Co. Ltd.(c)   272,977   $8,554,843 
Wonik QnC Corp.   66,654    1,791,340 
Woori Financial Group Inc.   4,435,032    53,416,318 
Woori Investment Bank Co. Ltd.(c)   3,781,847    2,624,641 
Woori Technology Investment Co. Ltd.(a)(c)   619,199    3,461,034 
Wysiwyg Studious Co. Ltd.(a)(c)   255,118    6,669,177 
Y2 Solution Co. Ltd.(a)(c)(d)   278,963    302,593 
YG Entertainment Inc.(c)   121,016    5,508,211 
Youlchon Chemical Co. Ltd.(c)   117,702    2,142,260 
Youngone Corp.   213,670    7,972,263 
Youngone Holdings Co. Ltd.   63,366    2,938,175 
Yuanta Securities Korea Co. Ltd.   1,071,626    2,785,033 
Yuhan Corp.(c)   451,042    21,956,283 
Yungjin Pharmaceutical Co. Ltd.(a)(c)   977,049    3,309,504 
Zinus Inc.   104,445    5,018,291 
         8,754,137,571 
Taiwan — 16.4%          
AcBel Polytech Inc.(c)   6,320,000    6,309,242 
Accton Technology Corp.(c)   4,516,000    35,737,935 
Acer Inc.(c)   25,686,872    25,584,563 
Actron Technology Corp.(c)   592,000    3,601,503 
ADATA Technology Co. Ltd.(c)   2,619,820    6,813,767 
Adimmune Corp.(c)   2,831,000    3,443,042 
Advanced Ceramic X Corp.(c)   444,000    3,553,713 
Advanced Energy Solution Holding Co. Ltd.(c)   216,000    8,398,723 
Advanced Wireless Semiconductor Co.(c)   1,478,000    4,782,293 
Advantech Co. Ltd.(c)   3,311,110    40,861,836 
Airtac International Group(c)   1,195,292    38,907,570 
Alchip Technologies Ltd.(c)   629,000    19,980,733 
Amazing Microelectronic Corp.(c)   854,000    4,389,692 
AmTRAN Technology Co. Ltd.(c)   8,053,672    3,600,822 
Andes Technology Corp.(c)   416,000    4,861,268 
AP Memory Technology Corp.(c)   790,000    7,838,558 
Apex International Co. Ltd.(c)   1,327,000    4,148,802 
Arcadyan Technology Corp.(c)   1,342,391    5,645,577 
Ardentec Corp.(c)   4,747,546    7,855,882 
ASE Technology Holding Co. Ltd.(c)   29,106,222    103,628,183 
Asia Cement Corp.(c)   17,730,050    27,033,791 
Asia Optical Co. Inc.(c)   2,732,000    6,444,757 
Asia Pacific Telecom Co. Ltd.(a)   19,777,173    4,830,855 
Asia Vital Components Co. Ltd.(c)   3,094,000    11,939,883 
ASMedia Technology Inc.(c)   235,000    10,934,431 
ASPEED Technology Inc.(c)   198,000    15,740,037 
ASROCK Inc.(c)   556,000    2,918,204 
Asustek Computer Inc.(c)   6,232,000    72,964,308 
AU Optronics Corp.(c)   72,252,000    44,372,810 
AURAS Technology Co. Ltd.(c)   796,000    5,041,341 
Bank of Kaohsiung Co. Ltd.(c)   22,875,903    10,547,777 
BES Engineering Corp.(c)   17,603,000    5,582,470 
Bizlink Holding Inc.(c)   1,049,926    11,214,428 
Brighton-Best International Taiwan Inc.(c)   4,754,000    5,711,067 
Capital Securities Corp.(c)   24,253,050    12,343,095 
Career Technology MFG. Co. Ltd.(c)   4,702,498    3,613,048 
Catcher Technology Co. Ltd.(c)   5,403,000    30,410,647 
Cathay Financial Holding Co. Ltd.(c)   68,643,872    130,931,993 
Cathay Real Estate Development Co. Ltd.(c)   8,333,900    5,131,867 
Center Laboratories Inc.(c)   3,562,007    7,338,244 
Century Iron & Steel Industrial Co. Ltd.(c)   1,570,000    6,250,854 
Chailease Holding Co. Ltd.(c)   11,484,721    88,369,942 
Chang Hwa Commercial Bank Ltd.   39,802,182    24,772,439 


20

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Taiwan (continued)          
Charoen Pokphand Enterprise(c)   2,167,000   $6,097,966 
Cheng Loong Corp.(c)   7,648,000    7,888,317 
Cheng Shin Rubber Industry Co. Ltd.(c)   13,561,650    16,551,625 
Cheng Uei Precision Industry Co. Ltd.(c)   3,566,000    4,269,273 
Chicony Electronics Co. Ltd.(c)   4,146,787    12,278,452 
Chicony Power Technology Co. Ltd.(c)   1,205,000    2,935,003 
Chief Telecom Inc.   260,000    2,725,759 
China Airlines Ltd.(a)   24,042,000    22,332,035 
China Bills Finance Corp.(c)   15,831,000    9,148,052 
China Development Financial Holding Corp.(c)   134,712,649    74,696,194 
China General Plastics Corp.(c)   4,140,386    4,458,976 
China Man-Made Fiber Corp.(c)   17,725,574    5,050,026 
China Metal Products   4,509,146    4,996,790 
China Motor Corp.(c)   2,617,800    5,608,887 
China Petrochemical Development Corp.(a)(c)   33,077,490    12,625,942 
China Steel Chemical Corp.   1,491,000    6,552,514 
China Steel Corp.(c)   104,130,529    123,779,929 
Chin-Poon Industrial Co. Ltd.(c)   4,380,000    4,729,263 
Chipbond Technology Corp.(c)   3,795,000    9,043,326 
ChipMOS Technologies Inc.(c)   4,487,000    7,478,232 
Chlitina Holding Ltd.   513,000    3,515,056 
Chong Hong Construction Co. Ltd.   1,569,122    4,076,736 
Chroma ATE Inc.   3,084,000    17,536,029 
Chung Hung Steel Corp.(c)   7,846,000    8,769,598 
Chung-Hsin Electric & Machinery Manufacturing Corp.(c)   3,674,000    6,492,763 
Chunghwa Precision Test Tech Co. Ltd.   185,000    3,128,279 
Chunghwa Telecom Co. Ltd.   33,299,000    144,720,920 
Cleanaway Co. Ltd.(c)   929,000    6,182,829 
Clevo Co.   4,767,175    5,624,350 
Compal Electronics Inc.(c)   35,372,000    27,939,433 
Compeq Manufacturing Co. Ltd.(c)   7,615,000    12,337,946 
Continental Holdings Corp.   4,934,600    5,034,760 
Coretronic Corp.(c)   3,108,200    5,983,133 
Co-Tech Development Corp.(c)   2,541,000    5,055,877 
CSBC Corp. Taiwan(a)(c)   6,532,316    4,398,761 
CTBC Financial Holding Co. Ltd.   153,372,599    142,426,409 
CTCI Corp.   5,659,000    9,085,771 
Cub Elecparts Inc.(c)   560,979    2,880,133 
Darfon Electronics Corp.(c)   2,935,000    4,398,771 
Delta Electronics Inc.(c)   17,025,000    140,085,076 
E Ink Holdings Inc.   7,744,000    53,859,468 
E.Sun Financial Holding Co. Ltd.(c)   106,746,472    111,867,732 
Eclat Textile Co. Ltd.(c)   1,663,683    28,299,440 
EirGenix Inc.(a)(c)   1,465,000    4,159,035 
Elan Microelectronics Corp.(c)   2,333,100    11,886,172 
Elite Material Co. Ltd.(c)   2,495,000    19,856,420 
Elite Semiconductor Microelectronics Technology Inc.(c)   2,216,000    9,339,361 
eMemory Technology Inc.   578,000    30,341,208 
Ennoconn Corp.(c)   590,219    4,212,351 
ENNOSTAR Inc.(a)(c)   5,037,185    10,944,093 
Episil Technologies Inc(a)(c)   2,407,666    10,412,319 
Episil-Precision Inc.(c)   1,160,000    4,114,923 
Eternal Materials Co. Ltd.(c)   8,283,915    10,028,756 
Etron Technology Inc.(a)   2,018,000    4,790,360 
Eva Airways Corp.(a)   21,786,326    25,457,023 
Evergreen International Storage & Transport Corp.   3,247,000    4,139,156 
Evergreen Marine Corp. Taiwan Ltd.(c)   22,321,449    106,911,033 
Everlight Chemical Industrial Corp.(c)   5,982,781    4,897,380 

 

Security  Shares   Value 
Taiwan (continued)          
Everlight Electronics Co. Ltd.(c)   3,687,000   $5,656,467 
Far Eastern Department Stores Ltd.(c)   10,371,167    7,346,656 
Far Eastern International Bank   28,233,397    11,240,313 
Far Eastern New Century Corp.   21,847,916    22,890,669 
Far EasTone Telecommunications Co. Ltd.   13,085,000    35,822,029 
Faraday Technology Corp.(c)   1,874,000    15,332,859 
Farglory Land Development Co. Ltd.   2,594,782    5,849,261 
Feng Hsin Steel Co. Ltd.(c)   4,517,000    12,273,544 
Feng TAY Enterprise Co. Ltd.   3,619,387    23,442,012 
First Financial Holding Co. Ltd.   90,885,984    85,262,692 
Fitipower Integrated Technology Inc.(c)   1,092,161    6,847,680 
FLEXium Interconnect Inc.(c)   2,371,616    8,244,127 
FocalTech Systems Co. Ltd.(c)   1,604,000    6,289,104 
Formosa Chemicals & Fibre Corp.(c)   30,341,210    85,466,222 
Formosa International Hotels Corp.(c)   600,000    3,526,771 
Formosa Petrochemical Corp.(c)   9,250,000    30,761,903 
Formosa Plastics Corp.   34,235,800    123,461,920 
Formosa Sumco Technology Corp.(c)   736,000    6,519,733 
Formosa Taffeta Co. Ltd.(c)   7,143,000    6,654,148 
Foxconn Technology Co. Ltd.   7,566,424    14,149,445 
Foxsemicon Integrated Technology Inc.(c)   694,000    5,282,046 
Fubon Financial Holding Co. Ltd.(c)   61,368,022    134,565,951 
Fulgent Sun International Holding Co. Ltd.(c)   1,084,221    5,669,099 
Fusheng Precision Co. Ltd.   859,000    6,037,859 
General Interface Solution Holding Ltd.(c)   2,241,000    6,981,346 
Genesys Logic Inc.   681,000    4,962,326 
Genius Electronic Optical Co. Ltd.(c)   618,287    8,766,537 
Getac Holdings Corp.(c)   4,406,000    6,879,211 
Giant Manufacturing Co. Ltd.(c)   2,712,000    24,457,862 
Gigabyte Technology Co. Ltd.(c)   4,587,000    17,722,045 
Global Mixed Mode Technology Inc.(c)   654,000    4,979,435 
Global PMX Co. Ltd.(c)   411,000    2,164,520 
Global Unichip Corp.(c)   744,000    14,006,520 
Globalwafers Co. Ltd.(c)   1,869,000    40,101,969 
Gold Circuit Electronics Ltd.(c)   3,702,000    10,292,537 
Goldsun Building Materials Co. Ltd.   9,401,425    8,760,997 
Gourmet Master Co. Ltd.(c)   1,074,471    3,514,703 
Grand Pacific Petrochemical(c)   9,435,000    7,921,292 
Grape King Bio Ltd.   1,015,000    4,960,307 
Great Tree Pharmacy Co. Ltd.   353,000    3,612,093 
Great Wall Enterprise Co. Ltd.(c)   5,580,202    9,469,951 
Greatek Electronics Inc.(c)   3,223,000    7,948,186 
Gudeng Precision Industrial Co. Ltd.(c)   647,356    5,732,472 
Hannstar Board Corp.(c)   3,311,000    4,153,839 
HannStar Display Corp.(c)   20,251,640    8,659,626 
Highwealth Construction Corp.(c)   5,333,153    8,517,437 
Hiwin Technologies Corp.   2,357,555    18,147,618 
Holtek Semiconductor Inc.(c)   1,855,000    6,341,576 
Holy Stone Enterprise Co. Ltd.(c)   1,339,330    5,159,831 
Hon Hai Precision Industry Co. Ltd.   108,957,928    422,464,652 
Hota Industrial Manufacturing Co. Ltd.(c)   2,485,261    6,434,537 
Hotai Finance Co. Ltd.   1,701,000    6,001,226 
Hotai Motor Co. Ltd.(c)   2,677,000    57,927,497 
Hsin Kuang Steel Co. Ltd.(c)   2,803,000    4,786,421 
HTC Corp.(a)(c)   6,001,000    10,259,694 
Hua Nan Financial Holdings Co. Ltd.   76,372,002    62,296,454 
Huaku Development Co. Ltd.   2,478,000    8,047,184 
IBF Financial Holdings Co. Ltd.(c)   20,254,706    10,867,254 
Innodisk Corp.   1,006,740    6,901,783 
Innolux Corp.(c)   83,488,241    39,813,225 


21

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Taiwan (continued)          
International CSRC Investment Holdings Co.(c)   8,427,685   $6,168,936 
International Games System Co. Ltd.(c)   485,000    12,506,895 
Inventec Corp.(c)   20,783,000    18,374,832 
ITE Technology Inc.(c)   1,697,000    5,845,101 
ITEQ Corp.(c)   1,864,604    6,858,338 
Jentech Precision Industrial Co. Ltd.(c)   667,000    8,060,784 
Johnson Health Tech Co. Ltd.(c)   1,080,000    1,963,491 
Kenda Rubber Industrial Co. Ltd.(c)   5,546,337    5,913,972 
Kindom Development Co. Ltd.(c)   3,704,300    4,414,353 
King Slide Works Co. Ltd.   616,000    9,481,642 
King Yuan Electronics Co. Ltd.(c)   8,356,000    13,128,215 
King’s Town Bank Co. Ltd.(c)   6,525,000    8,051,004 
Kinik Co.   758,000    4,087,063 
Kinpo Electronics(c)   11,993,000    5,640,969 
Kinsus Interconnect Technology Corp.(c)   2,638,000    15,668,966 
LandMark Optoelectronics Corp.(c)   775,900    3,874,023 
Largan Precision Co. Ltd.(c)   869,000    49,733,265 
Lien Hwa Industrial Holdings Corp.(c)   8,226,427    16,301,438 
Lite-On Technology Corp.(c)   17,767,238    38,436,670 
Longchen Paper & Packaging Co. Ltd.(c)   7,020,720    4,401,211 
Lotes Co. Ltd.   591,848    16,036,248 
Lotus Pharmaceutical Co. Ltd.(c)   874,000    3,845,650 
Macronix International Co. Ltd.(c)   15,183,554    20,498,797 
Makalot Industrial Co. Ltd.(c)   1,654,510    9,277,525 
Marketech International Corp.   1,047,000    4,696,781 
MediaTek Inc.(c)   13,282,572    410,712,129 
Medigen Vaccine Biologics Corp.(a)(c)   1,273,000    9,802,429 
Mega Financial Holding Co. Ltd.(c)   95,374,958    126,704,441 
Mercuries Life Insurance Co. Ltd.(a)(c)   17,384,297    4,302,517 
Merida Industry Co. Ltd.(c)   1,703,850    15,198,671 
Merry Electronics Co. Ltd.(c)   1,747,751    4,922,381 
Microbio Co. Ltd.(a)(c)   3,120,928    6,310,551 
Micro-Star International Co. Ltd.(c)   6,092,000    28,087,860 
Mitac Holdings Corp.(c)   9,475,053    9,117,057 
momo.com Inc(c)   397,400    11,342,195 
Nan Kang Rubber Tire Co. Ltd.(a)(c)   4,602,000    6,485,795 
Nan Pao Resins Chemical Co. Ltd.(c)   457,000    2,121,313 
Nan Ya Plastics Corp.(c)   41,540,440    121,509,365 
Nan Ya Printed Circuit Board Corp.(c)   1,990,000    26,666,364 
Nantex Industry Co. Ltd.(c)   2,383,000    4,205,681 
Nanya Technology Corp.(c)   10,400,000    23,734,890 
Nien Made Enterprise Co. Ltd.   1,286,000    13,904,458 
Novatek Microelectronics Corp.(c)   5,047,000    69,912,419 
Nuvoton Technology Corp.(c)   1,592,000    9,399,582 
OBI Pharma Inc.(a)(c)   1,543,339    5,861,816 
Oneness Biotech Co. Ltd.(a)   1,939,000    12,616,559 
OptoTech Corp.   2,063,000    3,575,156 
Oriental Union Chemical Corp.(a)(c)   7,158,000    4,832,804 
Pan Jit International Inc.(c)   3,022,200    8,635,319 
Pan-International Industrial Corp.(c)   4,326,366    5,742,383 
Parade Technologies Ltd.(c)   678,000    34,970,813 
PChome Online Inc.(c)   1,030,000    2,620,865 
Pegatron Corp.(c)   16,802,000    40,097,561 
Pegavision Corp.   224,000    3,407,270 
Pharmally International Holding Co. Ltd.(d)   597,543     
Phison Electronics Corp.(c)   1,245,000    16,843,421 
Pixart Imaging Inc.(c)   1,249,000    4,976,951 
Pou Chen Corp.   18,280,000    19,618,414 
Powerchip Semiconductor Manufacturing Corp.   22,242,000    44,292,424 
Powertech Technology Inc.(c)   5,081,000    17,056,318 

 

Security  Shares   Value 
Taiwan (continued)          
Poya International Co. Ltd.(c)   474,050   $4,678,054 
President Chain Store Corp.   4,980,000    47,131,272 
President Securities Corp.(c)   8,069,603    5,200,833 
Primax Electronics Ltd.(c)   3,978,000    8,409,266 
Prince Housing & Development Corp.(c)   13,578,995    5,736,711 
Qisda Corp.(c)   13,177,000    13,182,358 
Quanta Computer Inc.(c)   23,333,000    63,670,780 
Radiant Opto-Electronics Corp.(c)   3,054,000    10,944,400 
Raydium Semiconductor Corp.   466,000    8,172,059 
RDC Semiconductor Co. Ltd.(a)(c)   525,000    6,953,007 
Realtek Semiconductor Corp.(c)   4,013,110    60,909,397 
Rexon Industrial Corp. Ltd.(c)   1,210,000    1,649,228 
RichWave Technology Corp.(c)   765,200    5,679,818 
Ritek Corp.(a)   1     
Ruentex Development Co. Ltd.(c)   10,481,120    27,694,013 
Ruentex Industries Ltd.   3,893,225    11,322,930 
Sanyang Motor Co. Ltd.(c)   5,171,000    5,575,292 
ScinoPharm Taiwan Ltd.(c)   2,864,027    2,253,301 
SDI Corp.(c)   1,379,000    7,161,538 
Sensortek Technology Corp.(c)   245,000    2,856,445 
Sercomm Corp.(c)   2,550,000    6,936,338 
Shanghai Commercial & Savings Bank Ltd. (The)(c)   31,155,346    54,060,293 
Shin Kong Financial Holding Co. Ltd.   98,748,255    31,368,903 
Shin Zu Shing Co. Ltd.(c)   1,559,904    4,616,896 
Shinkong Synthetic Fibers Corp.(c)   12,732,000    8,459,582 
Shiny Chemical Industrial Co. Ltd.   394,000    2,932,093 
Sigurd Microelectronics Corp.(c)   5,216,700    10,647,128 
Silergy Corp.(c)   709,000    72,862,827 
Simplo Technology Co. Ltd.   1,302,400    13,443,878 
Sinbon Electronics Co. Ltd.(c)   1,932,809    17,192,229 
Sino-American Silicon Products Inc.(c)   4,507,000    26,686,493 
SinoPac Financial Holdings Co. Ltd.(c)   93,016,660    57,877,885 
Sinyi Realty Inc.   4,712,704    5,688,238 
Sitronix Technology Corp.(c)   1,008,000    8,881,752 
Soft-World International Corp.(c)   907,000    2,531,472 
Solar Applied Materials Technology Corp.(c)   4,417,710    7,264,497 
Sonix Technology Co. Ltd.(c)   1,539,000    4,068,610 
Sporton International Inc.   762,050    5,112,742 
St. Shine Optical Co. Ltd.   436,000    4,286,114 
Standard Foods Corp.(c)   4,311,096    7,052,438 
Sunny Friend Environmental Technology Co. Ltd.(c)   647,000    4,589,488 
Sunplus Technology Co. Ltd.(c)   4,427,000    5,586,649 
Supreme Electronics Co. Ltd.(c)   5,401,512    8,853,131 
Synnex Technology International Corp.(c)   11,816,250    28,430,773 
Systex Corp.(c)   1,600,000    4,340,186 
T3EX Global Holdings Corp.   884,000    4,050,715 
TA Chen Stainless Pipe(c)   13,354,466    19,816,615 
Ta Ya Electric Wire & Cable   4,044,000    3,678,264 
Taichung Commercial Bank Co. Ltd.   25,909,559    12,409,370 
TaiDoc Technology Corp.(c)   529,000    4,064,324 
Taigen Biopharmaceuticals Holdings Ltd.(a)(c)   3,402,000    1,869,993 
TaiMed Biologics Inc.(a)(c)   1,733,000    3,789,290 
Tainan Spinning Co. Ltd.(c)   10,510,894    7,279,421 
Taishin Financial Holding Co. Ltd.   92,675,681    56,988,270 
Taiwan Business Bank(c)   44,538,853    18,769,932 
Taiwan Cement Corp.(c)   45,178,574    66,182,153 
Taiwan Cogeneration Corp.(c)   5,284,000    7,003,337 
Taiwan Cooperative Financial Holding Co. Ltd.   83,835,953    80,895,144 


22

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Taiwan (continued)          
Taiwan Fertilizer Co. Ltd.(c)   6,940,000   $16,637,186 
Taiwan Glass Industry Corp.(c)   10,038,053    7,827,942 
Taiwan High Speed Rail Corp.   14,636,000    13,925,944 
Taiwan Hon Chuan Enterprise Co. Ltd.   3,689,674    9,465,091 
Taiwan Mask Corp.(c)   2,259,000    7,249,889 
Taiwan Mobile Co. Ltd.   13,713,000    50,956,641 
Taiwan Paiho Ltd.(c)   2,718,000    6,338,371 
Taiwan Secom Co. Ltd.(c)   2,714,185    10,270,558 
Taiwan Semiconductor Co. Ltd.(c)   2,086,000    5,987,740 
Taiwan Semiconductor Manufacturing Co. Ltd.   215,699,000    4,079,067,626 
Taiwan Shin Kong Security Co. Ltd.   5,897,577    8,326,132 
Taiwan Surface Mounting Technology Corp.(c)   2,288,000    8,747,331 
Taiwan TEA Corp.(a)(c)   9,364,000    6,089,690 
Taiwan Union Technology Corp.(c)   2,348,000    6,192,747 
Tanvex BioPharma Inc.(a)   1,717,950    3,252,856 
Tatung Co. Ltd.(a)(c)   15,611,000    18,912,341 
TCI Co. Ltd.(c)   929,444    5,017,667 
Teco Electric and Machinery Co. Ltd.(c)   15,333,000    16,272,778 
Test Research Inc.(c)   1,915,400    4,380,088 
Thinking Electronic Industrial Co. Ltd.   791,000    3,866,477 
Ton Yi Industrial Corp.(c)   11,311,000    6,307,195 
Tong Hsing Electronic Industries Ltd.(c)   1,273,762    11,161,361 
Tong Yang Industry Co. Ltd.(c)   4,814,400    6,608,452 
Topco Scientific Co. Ltd.(c)   1,927,639    11,065,715 
TPK Holding Co. Ltd.(c)   3,160,000    3,700,209 
Transcend Information Inc.(c)   2,594,000    6,424,064 
Tripod Technology Corp.(c)   3,242,000    12,940,120 
TSEC Corp.(a)(c)   3,881,000    4,925,661 
TSRC Corp.(c)   5,958,900    6,102,617 
TTY Biopharm Co. Ltd.(c)   2,268,124    5,377,755 
Tung Ho Steel Enterprise Corp.   5,206,560    11,345,428 
Tung Thih Electronic Co. Ltd.(c)   624,000    3,862,053 
TXC Corp.(c)   2,666,000    8,834,412 
U-Ming Marine Transport Corp.(c)   3,983,000    8,023,287 
Unimicron Technology Corp.(c)   10,705,000    78,570,573 
Union Bank of Taiwan(a)(c)   11,614,860    5,921,432 
Uni-President Enterprises Corp.   41,619,369    96,303,421 
United Integrated Services Co. Ltd.(c)   1,262,400    7,815,264 
United Microelectronics Corp.(c)   103,832,000    182,963,657 
United Renewable Energy Co. Ltd.(a)   12,554,238    9,170,402 
Universal Vision Biotechnology Co. Ltd.(c)   439,000    3,909,089 
UPC Technology Corp.(c)   8,968,365    5,261,190 
UPI Semiconductor Corp.(a)   184,000    3,879,690 
USI Corp.(c)   7,129,300    6,226,858 
Vanguard International Semiconductor Corp.(c)   7,883,000    28,914,877 
VIA Labs Inc.(c)   299,000    3,445,083 
Via Technologies Inc.   1,892,000    3,424,449 
Visual Photonics Epitaxy Co. Ltd.(c)   1,554,000    5,164,230 
Voltronic Power Technology Corp.   542,493    27,417,277 
Wafer Works Corp.(c)   4,711,839    10,060,636 
Wah Lee Industrial Corp.(c)   2,530,580    8,982,409 
Walsin Lihwa Corp.   21,454,000    34,499,765 
Walsin Technology Corp.(c)   2,640,597    10,442,101 
Wan Hai Lines Ltd.   5,438,800    29,111,540 
Win Semiconductors Corp.(c)   2,920,427    22,550,496 
Winbond Electronics Corp.(c)   26,456,480    26,411,069 
Wisdom Marine Lines Co. Ltd.   3,729,000    12,421,260 
Wistron Corp.(c)   22,771,004    22,192,240 
Wistron NeWeb Corp.(c)   3,076,654    6,832,913 
Wiwynn Corp.(c)   674,000    21,233,901 

 

Security  Shares   Value 
Taiwan (continued)          
WPG Holdings Ltd.(c)   12,930,200   $23,450,004 
WT Microelectronics Co. Ltd.   3,424,734    8,808,119 
XinTec Inc.(c)   1,532,000    7,721,661 
XPEC Entertainment Inc.(d)   31,000     
Xxentria Technology Materials Corp.(c)   1,650,000    3,815,410 
Yageo Corp.(c)   3,821,286    52,855,584 
Yang Ming Marine Transport Corp.(a)(c)   15,392,677    65,369,011 
YFY Inc.(c)   10,035,000    9,903,801 
Yieh Phui Enterprise Co. Ltd.(a)(c)   9,433,026    6,606,499 
Yuanta Financial Holding Co. Ltd.(c)   82,108,388    68,537,624 
Yulon Finance Corp.   1,642,658    12,251,393 
Yulon Motor Co. Ltd.(c)   5,684,088    8,663,570 
YungShin Global Holding Corp.(c)   3,502,650    5,065,557 
Zhen Ding Technology Holding Ltd.(c)   5,331,950    22,045,093 
         11,567,709,164 
Thailand — 2.2%          
Advanced Info Service PCL, NVDR   10,538,300    66,756,707 
Airports of Thailand PCL, NVDR(a)   37,961,700    77,337,795 
Amata Corp. PCL, NVDR   13,276,330    7,788,969 
AP Thailand PCL, NVDR   34,807,190    11,389,768 
Asset World Corp. PCL, NVDR   62,308,700    9,286,458 
B Grimm Power PCL, NVDR(c)   8,832,900    8,886,598 
Bangchak Corp. PCL, NVDR   14,054,700    13,490,670 
Bangkok Airways PCL, NVDR(a)   15,647,200    4,895,122 
Bangkok Chain Hospital PCL, NVDR   18,639,350    11,065,125 
Bangkok Commercial Asset Management PCL, NVDR   16,382,200    8,944,307 
Bangkok Dusit Medical Services PCL, NVDR   87,354,600    65,716,169 
Bangkok Expressway & Metro PCL, NVDR(c)   66,996,785    17,892,605 
Bangkok Land PCL, NVDR   172,011,600    5,080,711 
Banpu PCL, NVDR   49,387,400    17,879,487 
BCPG PCL, NVDR(c)   15,809,525    5,449,314 
Berli Jucker PCL, NVDR   10,474,100    11,085,226 
BTS Group Holdings PCL, NVDR   72,171,900    18,750,213 
Bumrungrad Hospital PCL, NVDR   4,030,000    20,549,834 
Carabao Group PCL, NVDR(c)   3,065,200    9,876,159 
Central Pattana PCL, NVDR   18,040,200    33,827,030 
Central Retail Corp. PCL, NVDR   16,991,517    18,854,976 
CH Karnchang PCL, NVDR   13,518,600    8,241,718 
Charoen Pokphand Foods PCL, NVDR   31,416,800    23,822,943 
Chularat Hospital PCL, NVDR   74,818,800    8,133,429 
CK Power PCL, NVDR   27,963,300    4,448,275 
Com7 PCL, NVDR   9,659,500    10,642,786 
CP ALL PCL, NVDR   51,797,600    100,189,721 
Delta Electronics Thailand PCL, NVDR(c)   2,797,700    28,119,985 
Dynasty Ceramic PCL, NVDR(c)   73,681,320    6,156,507 
Eastern Polymer Group PCL, NVDR(c)   15,702,700    4,625,084 
Electricity Generating PCL, NVDR   2,006,800    10,545,292 
Energy Absolute PCL, NVDR(c)   14,794,700    38,716,672 
Esso Thailand PCL, NVDR(a)(c)   20,515,400    6,150,927 
GFPT PCL, NVDR(c)   9,987,900    4,870,027 
Global Power Synergy PCL, NVDR   6,128,900    11,926,292 
Gulf Energy Development PCL, NVDR   26,980,244    38,192,099 
Gunkul Engineering PCL, NVDR   49,339,141    8,327,175 
Hana Microelectronics PCL, NVDR(c)   5,493,600    7,511,605 
Home Product Center PCL, NVDR   54,968,475    23,857,835 
Indorama Ventures PCL, NVDR   15,981,900    22,929,586 
Intouch Holdings PCL, NVDR   11,166,225    23,329,526 
IRPC PCL, NVDR   97,491,500    9,826,497 
Jasmine International PCL, NVDR(a)(c)   69,082,200    7,059,989 


23

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Thailand (continued)          
JMT Network Services PCL, NVDR(c)   5,854,400   $13,220,637 
KCE Electronics PCL, NVDR(c)   7,661,900    14,747,867 
Khon Kaen Sugar Industry PCL, NVDR(c)   26,009,886    2,944,549 
Kiatnakin Phatra Bank PCL, NVDR   3,746,600    7,879,280 
Krung Thai Bank PCL, NVDR   29,909,500    13,188,462 
Krungthai Card PCL, NVDR(c)   7,739,100    13,831,407 
Land & Houses PCL, NVDR   64,861,000    16,961,290 
Major Cineplex Group PCL, NVDR   10,386,600    6,484,357 
MBK PCL, NVDR(a)(c)   11,305,200    4,721,908 
Mega Lifesciences PCL, NVDR   5,109,700    7,767,661 
Minor International PCL, NVDR(a)   29,493,460    30,128,711 
Muangthai Capital PCL, NVDR(c)   6,749,000    9,694,198 
Ngern Tid Lor PCL, NVDR   9,960,138    9,732,115 
Origin Property PCL, NVDR   16,647,200    5,292,611 
Osotspa PCL, NVDR   11,413,700    11,570,922 
Plan B Media PCL, NVDR(a)(c)   29,838,888    6,799,383 
Precious Shipping PCL, NVDR   8,477,000    4,900,891 
Prima Marine PCL, NVDR(c)   19,025,800    3,416,745 
PTG Energy PCL, NVDR(c)   10,966,100    4,671,474 
PTT Exploration & Production PCL, NVDR   11,772,401    57,960,536 
PTT Global Chemical PCL, NVDR   20,348,400    28,628,176 
PTT Oil & Retail Business PCL, NVDR   27,100,300    21,918,716 
PTT Public Company Ltd., NVDR   87,305,400    97,219,421 
Quality Houses PCL, NVDR   118,804,017    7,702,500 
Ratch Group PCL, NVDR   7,229,200    8,825,527 
Ratchthani Leasing PCL, NVDR(c)   33,415,825    4,443,403 
Regional Container Lines PCL, NVDR(c)   4,122,700    5,565,110 
RS PCL, NVDR(c)   6,689,300    3,103,498 
SCB X PCL, NVS   7,222,600    23,850,199 
SCG Packaging PCL, NVDR(c)   12,527,100    20,750,721 
Siam Cement PCL (The), NVDR(c)   6,817,100    73,981,962 
Siamgas & Petrochemicals PCL, NVDR(c)   12,291,700    4,199,462 
Singha Estate PCL, NVDR(a)(c)   56,971,400    3,311,791 
Sino-Thai Engineering & Construction PCL, NVDR(c)   13,579,828    5,186,851 
Sri Trang Agro-Industry PCL, NVDR   8,775,960    6,319,286 
Sri Trang Gloves Thailand PCL, NVDR(c)   9,459,100    5,547,362 
Srisawad Corp. PCL, NVDR   6,780,549    10,978,902 
Supalai PCL, NVDR   15,532,100    9,259,226 
Super Energy Corp. PCL, NVDR   205,802,700    5,111,990 
Thai Oil PCL, NVDR   9,648,300    16,200,101 
Thai Union Group PCL, NVDR   24,460,400    12,280,344 
Thai Vegetable Oil PCL, NVDR   6,379,500    6,058,847 
Thanachart Capital PCL, NVDR   3,860,800    4,513,201 
Thonburi Healthcare Group PCL, NVDR   7,464,400    16,345,662 
Thoresen Thai Agencies PCL, NVDR(c)   14,691,200    4,327,399 
TPI Polene PCL, NVDR(c)   73,867,600    3,472,036 
True Corp. PCL, NVDR   107,202,311    13,762,064 
TTW PCL, NVDR(c)   26,423,600    8,493,852 
WHA Corp. PCL, NVDR   96,134,600    8,978,500 
         1,538,678,326 
Turkey — 0.4%          
Akbank TAS   25,771,851    13,134,755 
Aksa Akrilik Kimya Sanayii AS   1,796,857    6,384,258 
Aksa Enerji Uretim AS(a)   1,811,279    2,332,112 
Anadolu Efes Biracilik Ve Malt Sanayii AS   2,235,943    3,850,950 
Aselsan Elektronik Sanayi Ve Ticaret AS(c)   5,300,078    7,893,609 
BIM Birlesik Magazalar AS   3,953,811    19,885,657 
Coca-Cola Icecek AS   916,617    7,270,936 
Dogan Sirketler Grubu Holding AS   11,980,381    2,905,285 

 

Security  Shares   Value 
Turkey (continued)          
Emlak Konut Gayrimenkul Yatirim Ortakligi AS(c)   33,643,232   $5,892,790 
Enerjisa Enerji AS(b)(c)   2,765,491    2,495,193 
Eregli Demir ve Celik Fabrikalari TAS(c)   12,789,457    26,610,801 
Ford Otomotiv Sanayi AS   640,765    12,041,375 
Gubre Fabrikalari TAS(a)(c)   594,669    2,780,614 
Haci Omer Sabanci Holding AS(c)   8,361,272    10,816,527 
Hektas Ticaret TAS(a)   3,463,205    6,612,566 
Is Gayrimenkul Yatirim Ortakligi AS(a)   2,762,071    2,483,687 
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D(a)   8,443,201    7,582,003 
KOC Holding AS   6,323,470    15,481,939 
Koza Altin Isletmeleri AS(a)(c)   410,265    4,941,560 
Koza Anadolu Metal Madencilik Isletmeleri AS(a)(c)   2,666,680    4,882,480 
Mavi Giyim Sanayi Ve Ticaret AS, Class B(b)   792,896    1,909,341 
Migros Ticaret AS(a)(c)   1,174,196    3,171,133 
MLP Saglik Hizmetleri AS(a)(b)(c)   864,455    1,849,264 
Pegasus Hava Tasimaciligi AS(a)(c)   440,827    3,825,861 
Petkim Petrokimya Holding AS(a)(c)   11,880,758    7,180,660 
Sok Marketler Ticaret AS(c)   2,238,397    1,830,536 
TAV Havalimanlari Holding AS(a)(c)   2,021,529    5,595,118 
Tekfen Holding AS(c)   2,280,744    2,736,351 
Turk Hava Yollari AO(a)(c)   5,203,307    15,828,877 
Turkcell Iletisim Hizmetleri AS   10,254,916    12,090,901 
Turkiye Is Bankasi AS, Class C(c)   14,052,237    9,259,056 
Turkiye Petrol Rafinerileri AS(a)   1,073,244    17,412,085 
Turkiye Sinai Kalkinma Bankasi AS(a)(c)   14,935,889    2,018,306 
Turkiye Sise ve Cam Fabrikalari AS   11,938,356    15,269,334 
Ulker Biskuvi Sanayi AS(a)   2,009,442    1,932,582 
         268,188,502 
United Arab Emirates — 1.2%          
Abu Dhabi Commercial Bank PJSC   24,996,747    67,980,563 
Abu Dhabi Islamic Bank PJSC   12,088,115    27,415,728 
Abu Dhabi National Oil Co. for Distribution PJSC   24,358,504    27,784,027 
Agthia Group PJSC   1,829,538    2,460,603 
Air Arabia PJSC   24,342,261    13,296,585 
Al Yah Satellite Communications Co.   9,642,981    6,925,792 
Aldar Properties PJSC   33,631,592    48,422,699 
Amanat Holdings PJSC   22,717,718    6,419,372 
Aramex PJSC   5,042,758    5,313,152 
Dana Gas PJSC   37,924,866    11,135,314 
Dubai Financial Market PJSC   15,543,089    9,107,068 
Dubai Investments PJSC   21,459,366    13,416,116 
Dubai Islamic Bank PJSC   21,915,432    35,495,995 
Emaar Development PJSC(a)   674,100    810,490 
Emaar Properties PJSC   34,165,436    53,058,897 
Emirates NBD Bank PJSC   16,969,863    60,747,161 
Emirates Telecommunications Group Co. PJSC   30,634,787    252,846,465 
First Abu Dhabi Bank PJSC   38,968,552    227,657,728 
         870,293,755 
Total Common Stocks — 97.1%          
(Cost: $60,803,257,914)        68,365,625,735 
           
Preferred Stocks          
           
Brazil — 1.4%          
Alpargatas SA, Preference Shares, NVS   2,052,245    9,392,080 
Azul SA, Preference Shares, NVS(a)   2,575,530    10,898,130 
Banco ABC Brasil SA, Preference Shares, NVS   1,352,786    4,557,154 
Banco Bradesco SA, Preference Shares, NVS   47,068,665    203,029,454 


24

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
Brazil (continued)          
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS   2,241,033   $4,861,611 
Banco Pan SA, Preference Shares, NVS   3,093,257    5,193,883 
Bradespar SA, Preference Shares, NVS   2,298,861    13,824,462 
Braskem SA, Class A, Preference Shares, NVS   1,707,140    15,984,625 
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS   2,221,552    19,459,703 
Cia Ferro Ligas da Bahia - FERBASA, Preference Shares, NVS   248,160    2,949,692 
Cia. de Saneamento do Parana, Preference Shares, NVS   2,194,290    1,837,598 
Cia. Energetica de Minas Gerais, Preference Shares, NVS   11,667,122    28,599,798 
Cia. Paranaense de Energia, Preference Shares, NVS   8,681,500    13,462,805 
Gerdau SA, Preference Shares, NVS   10,337,493    63,449,027 
Gol Linhas Aereas Inteligentes SA, Preference Shares, NVS(a)   1,932,903    5,901,342 
Itau Unibanco Holding SA, Preference Shares, NVS   42,349,562    233,109,497 
Itausa SA, Preference Shares, NVS   40,800,951    82,330,774 
Marcopolo SA, Preference Shares, NVS   6,187,917    3,736,799 
Metalurgica Gerdau SA, Preference Shares, NVS   7,195,336    18,455,597 
Petroleo Brasileiro SA, Preference Shares, NVS   41,718,954    263,873,448 
Randon SA Implementos e Participacoes, Preference Shares, NVS   2,346,085    5,050,015 
Unipar Carbocloro SA, Class B, Preference Shares, NVS   514,096    10,873,518 
         1,020,831,012 
Chile — 0.2%          
Embotelladora Andina SA, Class B, Preference Shares, NVS   4,510,088    9,031,345 
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS   1,251,237    133,649,787 
         142,681,132 
Colombia — 0.1%          
Bancolombia SA, Preference Shares, NVS   4,174,511    46,838,678 
           
Russia — 0.0%          
Surgutneftegas PJSC, Preference Shares, NVS(d)   58,972,077    9,398 
           
South Korea — 0.6%          
Hyundai Motor Co.          
Preference Shares, NVS   191,519    14,377,195 
Series 2, Preference Shares, NVS   305,133    22,611,075 
LG Chem Ltd., Preference Shares, NVS   68,730    16,142,275 
LG Household & Health Care Ltd., Preference Shares, NVS   17,453    5,683,822 
Samsung Electronics Co. Ltd., Preference Shares, NVS   7,201,436    353,239,523 
         412,053,890 
Total Preferred Stocks — 2.3%          
(Cost: $1,355,148,757)        1,622,414,110 

 

Security  Shares   Value 
Rights        
         
Malaysia — 0.0%        
Yinson Holdings Bhd (Expires 06/14/22)(a)   4,791,760   $1,149,103 
           
Saudi Arabia — 0.0%          
Saudi Real Estate Co. (Expires 06/09/22)(a)   482,750    481,399 
           
South Korea — 0.0%          
Ecopro BM Co. Ltd. (Expires 06/17/22)(a)(c)   5,576    696,324 
Hana Tour Service Inc. (Expires 06/09/22)(a)   14,114    182,528 
         878,852 
Total Rights — 0.0%          
(Cost: $641,478)        2,509,354 
           
Warrants          
           
Thailand — 0.0%          
MBK PCL (Expires 03/24/23)(a)   452,208    149,326 
           
Total Warrants — 0.0%          
(Cost: $0)        149,326 
           
Short-Term Securities          
           
Money Market Funds — 4.6%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.87%(f)(g)(h)   3,063,768,740    3,063,768,740 
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.72%(f)(g)   176,410,000    176,410,000 
         3,240,178,740 
Total Short-Term Securities — 4.6%          
(Cost: $3,239,851,659)        3,240,178,740 
           
Total Investments in Securities — 104.0%          
(Cost: $65,398,899,808)        73,230,877,265 
           
Liabilities in Excess of Other Assets — (4.0)%        (2,815,258,791)
           
Net Assets — 100.0%       $70,415,618,474 

 

(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)Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $1,958,281, representing less than 0.05% of its net assets as of period end, and an original cost of $35,983,750.

(f)Affiliate of the Fund.

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

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


25

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022  

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2022 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 Sale
   Net Realized
Gain (Loss)
   Change in
Unrealized
Appreciation
(Depreciation)
   Value at
05/31/22
   Shares
Held at
05/31/22
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares  $3,768,443,333   $   $(703,181,128)(a)  $(927,665)  $(565,800)  $3,063,768,740   3,063,768,740   $63,487,030(b)  $ 
BlackRock Cash Funds: Treasury, SL Agency Shares   179,420,000        (3,010,000)(a)           176,410,000   176,410,000    316,469     
                  $(927,665)  $(565,800)  $3,240,178,740       $63,803,499   $ 

 

(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                  
MSCI Emerging Markets Index   5,941   06/17/22  $315,853   $15,095,750 

 

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.

26

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2022  

 

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  $9,243,675,484   $59,071,968,449   $49,981,802   $68,365,625,735 
Preferred Stocks   1,210,350,822    412,053,890    9,398    1,622,414,110 
Rights   2,509,354            2,509,354 
Warrants       149,326        149,326 
Money Market Funds   3,240,178,740            3,240,178,740 
   $13,696,714,400   $59,484,171,665   $49,991,200   $73,230,877,265 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $15,095,750   $   $   $15,095,750 

 

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

27