NPORT-EX 2 NPORT_2Q27_19306565_0523.htm
Consolidated Schedule of Investments (unaudited) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Brazil — 3.8%          
3R Petroleum Oleo E Gas SA(a)   2,194,467   $13,110,657 
3R Petroleum Oleo E Gas SA   304,550    1,797,897 
AES Brasil Energia SA   3,526,919    8,467,442 
Aliansce Sonae Shopping Centers SA   4,434,164    18,940,006 
Alupar Investimento SA   1,825,529    10,402,705 
Ambev SA   41,988,658    119,262,918 
Arezzo Industria e Comercio SA   648,075    9,423,549 
Atacadao SA   4,688,972    8,752,600 
Auren Energia SA   2,689,108    7,463,119 
B3 SA - Brasil, Bolsa, Balcao   52,968,569    139,069,509 
Banco Bradesco SA   13,982,313    36,572,900 
Banco BTG Pactual SA   10,953,514    56,783,044 
Banco do Brasil SA   7,535,640    66,276,439 
Banco Santander Brasil SA   3,080,111    17,363,683 
BB Seguridade Participacoes SA   5,965,325    36,368,341 
Boa Vista Servicos SA   2,163,133    3,223,402 
BRF SA(a)   6,022,711    9,651,438 
Camil Alimentos SA   1,713,660    2,361,083 
CCR SA   9,997,717    26,741,770 
Centrais Eletricas Brasileiras SA   11,121,775    77,385,264 
Cia. Brasileira de Aluminio   1,952,206    2,000,960 
Cia. Brasileira de Distribuicao(a)   1,674,561    5,373,594 
Cia. de Saneamento Basico do Estado de Sao Paulo   3,071,495    31,815,005 
Cia. de Saneamento de Minas Gerais Copasa MG   2,180,888    8,571,720 
Cia. de Saneamento do Parana   1,683,176    6,718,371 
Cia. Siderurgica Nacional SA   6,134,837    14,692,265 
Cielo SA   12,457,972    11,467,630 
Cogna Educacao(a)   19,012,837    10,830,643 
Cosan SA   10,679,098    31,574,413 
CPFL Energia SA   1,482,837    8,850,315 
Cyrela Brazil Realty SA Empreendimentos e Participacoes   2,824,096    10,398,382 
Dexco SA   4,623,974    8,066,184 
EcoRodovias Infraestrutura e Logistica SA   3,026,751    3,818,266 
EDP - Energias do Brasil SA   1,959,613    8,883,981 
Embraer SA(a)   6,723,227    25,205,641 
Enauta Participacoes SA   1,325,165    3,335,572 
Energisa SA   1,410,058    12,240,347 
Eneva SA(a)   9,417,326    21,254,092 
Engie Brasil Energia SA   1,434,583    11,884,872 
Equatorial Energia SA   9,322,708    51,728,506 
Equatorial Energia SA   130,517    724,194 
Ez Tec Empreendimentos e Participacoes SA   1,344,628    4,672,657 
Fleury SA   3,734,122    11,474,772 
GPS Participacoes e Empreendimentos SA(b)   2,656,422    7,791,292 
Grendene SA   4,045,674    5,550,212 
Grupo De Moda Soma SA   5,093,854    10,391,932 
Grupo Mateus SA(a)   5,763,130    8,281,241 
Grupo SBF SA   1,282,555    2,654,451 
Guararapes Confeccoes SA   279,234    255,936 
Hapvida Participacoes e Investimentos SA(a)(b)   48,390,773    38,057,908 
Hypera SA   3,701,356    29,781,277 
Iguatemi SA   2,060,224    8,836,551 
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira   1,003,083    4,980,518 
Iochpe Maxion SA   1,551,810    3,945,824 
IRB Brasil Resseguros S/A(a)   711,992    5,332,958 
JBS SA   6,569,507    21,754,621 
Security  Shares   Value 
         
Brazil (continued)          
JHSF Participacoes SA   3,985,880   $3,708,307 
Klabin SA   6,751,942    27,921,815 
Localiza Rent a Car SA   6,914,016    84,549,613 
Localiza Rent a Car SA(a)   30,936    375,015 
Locaweb Servicos de Internet SA(b)   4,684,729    7,073,310 
LOG Commercial Properties e Participacoes SA   713,719    3,287,725 
Lojas Renner SA   8,936,028    34,258,913 
M. Dias Branco SA   965,734    7,345,845 
Magazine Luiza SA(a)   27,971,931    20,951,518 
Marfrig Global Foods SA   3,611,649    4,726,972 
Minerva SA   2,943,993    5,930,579 
Movida Participacoes SA   1,904,151    3,832,098 
MRV Engenharia e Participacoes SA   3,473,513    6,901,427 
Multiplan Empreendimentos Imobiliarios SA   2,382,422    12,458,490 
Natura & Co. Holding SA   8,351,390    22,864,961 
Odontoprev SA   3,316,095    6,948,158 
Omega Energia SA(a)   3,470,186    6,737,495 
Pet Center Comercio e Participacoes SA   4,283,505    6,121,343 
Petro Rio SA(a)   6,858,127    46,218,312 
Petroleo Brasileiro SA   34,424,343    198,201,380 
Petroreconcavo SA   1,416,388    4,810,353 
Raia Drogasil SA   10,563,951    58,990,544 
Rede D’Or Sao Luiz SA(b)   5,491,334    31,389,566 
Rumo SA   11,887,826    48,785,709 
Santos Brasil Participacoes SA   5,475,869    10,739,538 
Sao Martinho SA   1,606,182    11,451,245 
Sendas Distribuidora SA   10,954,963    23,212,870 
SIMPAR SA   4,195,484    7,641,234 
SLC Agricola SA   1,249,386    8,503,598 
Smartfit Escola de Ginastica e Danca SA(a)   2,497,760    9,378,970 
Suzano SA   6,936,578    61,226,413 
Telefonica Brasil SA   3,747,529    29,547,072 
Tim SA   7,361,442    20,256,190 
TOTVS SA   5,002,997    28,361,460 
Transmissora Alianca de Energia Eletrica SA   1,552,551    11,298,402 
Ultrapar Participacoes SA   6,635,998    22,144,846 
Vale SA   30,766,406    386,967,924 
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA   3,162,628    8,022,987 
Via S/A(a)   13,111,576    6,150,937 
Vibra Energia SA   10,564,203    33,504,430 
Vivara Participacoes SA   1,406,543    7,064,182 
WEG SA   15,309,182    113,491,876 
YDUQS Participacoes SA   2,905,062    8,056,733 
         2,584,025,224 
Cayman Islands — 0.1%          
JD Logistics Inc.(a)(b)   14,564,800    23,287,461 
Zai Lab Ltd.(a)   8,071,690    26,355,326 
         49,642,787 
Chile — 0.4%          
Aguas Andinas SA, Class A   32,391,758    10,557,249 
Banco de Chile   410,344,486    41,490,131 
Banco de Credito e Inversiones SA   523,726    15,394,863 
Banco Itau Chile SA, NVS   630,857    6,565,623 
Banco Santander Chile   588,470,918    25,572,899 
CAP SA   754,387    5,308,616 
Cencosud SA   12,756,381    24,095,238 
Cia. Cervecerias Unidas SA   1,170,864    8,600,738 
Cia. Sud Americana de Vapores SA   142,417,783    10,472,038 
Colbun SA   76,157,720    11,095,453 

1

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Chile (continued)          
Empresa Nacional de Telecomunicaciones SA   1,725,123   $6,474,496 
Empresas CMPC SA   10,222,530    17,479,156 
Empresas COPEC SA   3,520,766    25,427,597 
Enel Americas SA   198,559,119    25,601,712 
Enel Chile SA   236,728,598    13,005,380 
Engie Energia Chile SA(a)   6,774,851    5,812,954 
Falabella SA   6,769,050    14,916,888 
Inversiones Aguas Metropolitanas SA   5,347,069    4,180,392 
Parque Arauco SA   6,232,773    8,771,997 
SMU SA   31,465,237    5,321,865 
Vina Concha y Toro SA   5,681,100    6,452,568 
         292,597,853 
China — 26.5%          
360 Security Technology Inc., Class A   4,125,288    8,071,088 
361 Degrees International Ltd.(a)(c)   9,639,000    4,361,076 
37 Interactive Entertainment Network Technology  Group Co. Ltd., Class A   1,531,237    7,035,644 
3SBio Inc.(b)   14,782,500    14,973,936 
AAC Technologies Holdings Inc.(c)   6,311,000    12,939,113 
Advanced Micro-Fabrication Equipment Inc., Class A(a)   337,017    8,212,682 
AECC Aviation Power Co. Ltd., Class A   1,442,377    8,051,704 
Agile Group Holdings Ltd.(a)(c)   14,078,500    2,160,289 
Agora Inc., ADR(a)(c)   771,230    2,113,170 
Agricultural Bank of China Ltd., Class A   43,288,135    21,410,343 
Agricultural Bank of China Ltd., Class H   265,686,000    100,121,866 
Aier Eye Hospital Group Co. Ltd., Class A   3,914,901    14,769,463 
Air China Ltd., Class A(a)   3,795,500    4,649,492 
Air China Ltd., Class H(a)   17,568,000    13,353,268 
AK Medical Holdings Ltd.(b)   5,606,000    5,001,031 
Akeso Inc.(a)(b)(c)   4,662,000    20,764,279 
Alibaba Group Holding Ltd.(a)   149,722,004    1,490,089,036 
Alibaba Health Information Technology Ltd.(a)(c)   43,460,000    25,796,218 
Alibaba Pictures Group Ltd.(a)   123,080,000    6,295,219 
A-Living Smart City Services Co. Ltd., Class A(b)   7,179,000    4,479,599 
Alliance International Education Leasing Holdings  Ltd. (a)(b)(c)   7,778,000    5,552,557 
Alphamab Oncology(a)(b)(c)   5,490,000    5,622,834 
Aluminum Corp. of China Ltd., Class A   6,054,900    4,602,394 
Aluminum Corp. of China Ltd., Class H   37,132,000    16,432,294 
Amlogic Shanghai Co. Ltd., Class A(a)   217,786    2,751,466 
Anhui Conch Cement Co. Ltd., Class A   1,744,929    6,143,886 
Anhui Conch Cement Co. Ltd., Class H   11,038,500    29,302,034 
Anhui Gujing Distillery Co. Ltd., Class A   249,855    8,856,155 
Anhui Gujing Distillery Co. Ltd., Class B   991,980    16,254,193 
Anhui Kouzi Distillery Co. Ltd., Class A   426,348    3,239,789 
Anhui Yingjia Distillery Co. Ltd., Class A   480,000    3,809,127 
Anjoy Foods Group Co. Ltd., Class A   270,600    5,854,367 
ANTA Sports Products Ltd.   11,051,400    112,953,027 
Ascentage Pharma Group International(a)(b)(c)   2,413,500    6,298,606 
Asia - Potash International Investment Guangzhou  Co. Ltd., Class A(a)   877,000    2,850,051 
Asia Cement China Holdings Corp.   5,891,500    2,543,056 
Asymchem Laboratories Tianjin Co. Ltd., Class A   242,740    4,502,768 
Autobio Diagnostics Co. Ltd., Class A   321,000    2,557,037 
Autohome Inc., ADR   703,040    20,121,005 
Avary Holding Shenzhen Co. Ltd., Class A   929,900    3,315,755 
AVIC Industry-Finance Holdings Co. Ltd., Class A   6,811,491    3,694,597 
AviChina Industry & Technology Co. Ltd., Class H   23,931,000    11,578,485 
Baidu Inc., Class A(a)   20,416,362    313,475,692 
Bank of Beijing Co. Ltd., Class A   11,680,406    7,759,714 
Security  Shares   Value 
         
China (continued)          
Bank of Chengdu Co. Ltd., Class A   2,946,708   $5,201,942 
Bank of China Ltd., Class A   17,116,700    9,377,429 
Bank of China Ltd., Class H   717,938,000    281,042,088 
Bank of Communications Co. Ltd., Class A   21,679,280    17,821,046 
Bank of Communications Co. Ltd., Class H   78,072,000    50,336,906 
Bank of Hangzhou Co. Ltd., Class A   4,189,697    6,837,606 
Bank of Jiangsu Co. Ltd., Class A   7,686,708    8,015,123 
Bank of Nanjing Co. Ltd., Class A   6,486,981    7,693,517 
Bank of Ningbo Co. Ltd., Class A   3,554,893    12,296,869 
Bank of Shanghai Co. Ltd., Class A   12,755,965    11,056,730 
Baoshan Iron & Steel Co. Ltd., Class A   10,902,630    9,004,885 
Baozun Inc., ADR(a)(c)   570,376    2,241,578 
BBMG Corp., Class A   16,133,636    4,943,307 
BeiGene Ltd.(a)   6,113,864    103,921,569 
Beijing Capital International Airport Co. Ltd., Class H(a)   17,786,000    12,408,284 
Beijing Dabeinong Technology Group Co. Ltd., Class A   4,013,600    3,623,340 
Beijing Easpring Material Technology Co. Ltd., Class A   527,200    3,636,741 
Beijing Enlight Media Co. Ltd., Class A   2,607,794    3,229,772 
Beijing Enterprises Holdings Ltd.   4,064,500    15,706,205 
Beijing Enterprises Water Group Ltd.   38,768,000    9,508,546 
Beijing Kingsoft Office Software Inc., Class A   250,651    15,209,609 
Beijing New Building Materials PLC, Class A   1,199,919    3,830,289 
Beijing Shiji Information Technology Co. Ltd., Class A   1,254,242    3,432,824 
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.   3,056,000    5,703,608 
Beijing Tongrentang Co. Ltd., Class A   1,056,700    8,992,170 
Beijing United Information Technology Co. Ltd., Class A   465,000    2,995,514 
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A   367,899    4,803,760 
Beijing-Shanghai High Speed Railway Co. Ltd., Class A   9,538,700    7,733,085 
Bethel Automotive Safety Systems Co. Ltd., Class A   447,000    4,447,086 
Betta Pharmaceuticals Co. Ltd., Class A   319,894    2,533,336 
BGI Genomics Co. Ltd., Class A   366,000    3,031,124 
Bilibili Inc., Class Z(a)   1,780,297    28,015,534 
Bloomage Biotechnology Corp. Ltd., Class A   273,586    3,387,460 
BOC Aviation Ltd.(b)   1,848,200    13,570,453 
BOE Technology Group Co. Ltd., Class A   16,702,800    9,322,966 
BOE Varitronix Ltd.   3,831,000    5,100,965 
Bosideng International Holdings Ltd.   33,822,000    14,042,247 
Brii Biosciences Ltd.(a)(c)   5,746,000    2,742,221 
BYD Co. Ltd., Class A   1,135,686    40,589,942 
BYD Co. Ltd., Class H   8,801,500    265,783,066 
BYD Electronic International Co. Ltd.   6,866,500    19,987,519 
By-health Co. Ltd., Class A   1,361,200    4,354,583 
C&D International Investment Group Ltd.(c)   5,821,000    14,623,135 
Caitong Securities Co. Ltd., Class A   7,579,850    7,962,106 
Cambricon Technologies Corp. Ltd., Class A(a)   215,958    7,712,862 
Canaan Inc., ADR(a)(c)   1,777,145    3,625,376 
Canmax Technologies Co. Ltd., Class A   742,280    3,493,608 
Canvest Environmental Protection Group Co. Ltd.(c)   11,726,000    5,705,427 
CGN New Energy Holdings Co. Ltd.(c)   14,480,000    4,294,022 
CGN Power Co. Ltd., Class H(b)   94,970,000    22,824,491 
Changchun High & New Technology Industry Group Inc., Class A   283,742    6,357,825 
Changjiang Securities Co. Ltd., Class A   8,288,228    6,998,260 

2

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Changzhou Xingyu Automotive Lighting Systems  Co. Ltd., Class A   249,069   $3,706,764 
Chaozhou Three-Circle Group Co. Ltd., Class A   1,596,453    6,761,385 
Chengxin Lithium Group Co. Ltd., Class A   882,200    3,745,537 
China Aircraft Leasing Group Holdings Ltd.(c)   5,456,000    3,170,290 
China Animal Healthcare Ltd.(d)   1,237,000    2 
China Aoyuan Group Ltd.(a)(c)(d)   10,538,000    660,653 
China Baoan Group Co. Ltd., Class A   2,812,900    4,780,495 
China BlueChemical Ltd., Class H   16,754,000    3,680,985 
China Cinda Asset Management Co. Ltd., Class H   70,783,000    7,861,722 
China CITIC Bank Corp. Ltd., Class H   80,249,000    42,242,306 
China Coal Energy Co. Ltd., Class H   19,061,000    14,411,734 
           
China Communications Services Corp. Ltd., Class H   22,222,000    10,568,360 
China Conch Environment Protection          
Holdings Ltd.(a)(c)   17,205,000    5,080,958 
China Conch Venture Holdings Ltd.   12,349,000    15,512,400 
China Construction Bank Corp., Class A   4,012,422    3,608,790 
China Construction Bank Corp., Class H   868,839,000    555,779,458 
China CSSC Holdings Ltd., Class A   2,727,001    11,034,441 
China Datang Corp. Renewable Power Co. Ltd., Class H   23,237,000    8,376,769 
China East Education Holdings Ltd.(b)(c)   5,970,500    2,456,415 
China Eastern Airlines Corp. Ltd., Class A(a)   10,510,375    6,897,634 
China Education Group Holdings Ltd.   9,826,000    7,973,117 
China Energy Engineering Corp. Ltd., Class A   29,605,544    9,981,714 
China Everbright Bank Co. Ltd., Class A   22,720,482    10,055,259 
China Everbright Bank Co. Ltd., Class H   25,013,000    7,696,374 
China Everbright Environment Group Ltd.   33,815,148    13,217,763 
China Everbright Greentech Ltd.(b)(c)   15,882,000    2,576,616 
China Everbright Ltd.   9,398,000    6,013,444 
China Evergrande Group(a)(c)(d)   34,001,000    2,958,655 
China Feihe Ltd.(b)   30,831,000    17,931,240 
China Fiber Optic Network System Group Ltd.(d)   10,394,800    13 
China Foods Ltd.   11,634,000    3,716,248 
China Galaxy Securities Co. Ltd., Class A   2,352,000    3,753,610 
China Galaxy Securities Co. Ltd., Class H   37,787,500    20,367,252 
China Gas Holdings Ltd.   26,187,800    29,699,854 
China Greatwall Technology Group Co. Ltd., Class A   2,871,700    4,858,254 
China High Speed Transmission Equipment Group  Co. Ltd.(a)(c)   5,878,000    1,966,245 
China Hongqiao Group Ltd.   20,513,500    14,558,108 
China Huiyuan Juice Group Ltd.(d)   10,877,000    14 
China International Capital Corp. Ltd., Class A   1,501,800    8,788,151 
China International Capital Corp. Ltd., Class H(b)   13,433,200    24,572,953 
China Jinmao Holdings Group Ltd.(c)   51,092,000    7,312,450 
China Jushi Co. Ltd., Class A   2,966,862    5,681,411 
China Lesso Group Holdings Ltd.   10,630,000    7,028,630 
China Life Insurance Co. Ltd., Class A   1,653,421    8,675,840 
China Life Insurance Co. Ltd., Class H   66,702,000    112,662,395 
China Lilang Ltd.(c)   6,012,000    3,147,865 
China Literature Ltd.(a)(b)   3,643,400    13,782,978 
China Longyuan Power Group Corp. Ltd., Class H   30,616,000    34,366,440 
China Maple Leaf Educational Systems Ltd.(a)(d)   19,720,000    544,372 
China Medical System Holdings Ltd.   12,685,000    17,858,955 
China Meheco Co. Ltd., Class A   1,082,300    2,093,748 
China Meidong Auto Holdings Ltd.   5,786,000    7,446,279 
China Mengniu Dairy Co. Ltd.   29,310,000    113,917,526 
China Merchants Bank Co. Ltd., Class A   11,240,182    51,022,557 
China Merchants Bank Co. Ltd., Class H   35,252,464    163,929,286 
Security  Shares   Value 
         
China (continued)          
China Merchants Energy Shipping Co. Ltd., Class A   5,660,300   $4,537,473 
China Merchants Port Holdings Co. Ltd.   12,708,270    18,434,601 
China Merchants Securities Co. Ltd., Class A   3,516,381    6,870,616 
China Merchants Shekou Industrial Zone Holdings  Co. Ltd., Class A   4,392,066    7,836,115 
China Metal Recycling Holdings Ltd.(d)   62,400     
China Minmetals Rare Earth Co. Ltd., Class A(a)   795,600    3,489,184 
China Minsheng Banking Corp. Ltd., Class A   20,206,317    11,240,146 
China Minsheng Banking Corp. Ltd., Class H   51,595,220    20,418,165 
China Modern Dairy Holdings Ltd.(c)   33,965,000    3,990,749 
China National Building Material Co. Ltd., Class H   36,554,850    20,688,216 
China National Chemical Engineering Co. Ltd.,          
Class A   4,698,822    5,644,952 
China National Nuclear Power Co. Ltd., Class A   9,037,909    8,937,711 
China National Software & Service Co. Ltd., Class A   538,600    4,593,297 
China New Higher Education Group Ltd.(b)   10,035,000    3,074,178 
China Nonferrous Mining Corp Ltd.(c)   17,231,000    8,274,396 
China Northern Rare Earth Group High-Tech Co. Ltd., Class A   2,330,300    7,812,281 
China Oilfield Services Ltd., Class H   15,662,000    15,946,500 
China Oriental Group Co. Ltd.   15,500,000    2,100,274 
China Overseas Grand Oceans Group Ltd.(c)   17,238,500    7,726,803 
China Overseas Land & Investment Ltd.   34,308,000    69,622,779 
China Overseas Property Holdings Ltd.   12,880,000    11,818,379 
China Pacific Insurance Group Co. Ltd., Class A   3,547,242    13,884,941 
China Pacific Insurance Group Co. Ltd., Class H   24,135,200    61,090,587 
China Petroleum & Chemical Corp., Class A   16,325,300    14,583,575 
China Petroleum & Chemical Corp., Class H   225,668,200    142,106,050 
China Power International Development Ltd.   47,075,000    17,929,470 
China Railway Group Ltd., Class A   11,992,666    13,313,186 
China Railway Group Ltd., Class H   36,580,000    24,103,840 
China Renaissance Holdings Ltd.(b)(c)(d)   2,502,500    1,901,314 
China Resources Beer Holdings Co. Ltd.   14,658,000    92,529,500 
China Resources Cement Holdings Ltd.(c)   21,680,000    7,895,563 
China Resources Gas Group Ltd.   8,610,000    28,347,143 
China Resources Land Ltd.   29,049,777    108,732,016 
China Resources Medical Holdings Co. Ltd.   10,397,500    8,188,071 
China Resources Microelectronics Ltd., Class A   807,212    6,742,748 
China Resources Mixc Lifestyle Services Ltd.(b)   6,258,200    28,492,724 
China Resources Pharmaceutical Group Ltd.(b)   15,844,000    15,211,076 
China Resources Power Holdings Co. Ltd.   17,558,000    40,538,576 
China Resources Sanjiu Medical & Pharmaceutical  Co. Ltd., Class A   791,227    7,261,646 
China Ruyi Holdings Ltd.(a)(c)   52,899,200    11,823,413 
China Shenhua Energy Co. Ltd., Class A   3,408,529    13,519,791 
China Shenhua Energy Co. Ltd., Class H   30,700,000    97,052,311 
China Shineway Pharmaceutical Group Ltd.   4,632,000    5,091,124 
China South City Holdings Ltd.(a)(c)   50,310,000    2,894,329 
China Southern Airlines Co. Ltd., Class A(a)   7,038,984    6,202,532 
China Southern Airlines Co. Ltd., Class H(a)(c)   14,382,000    8,282,770 
China State Construction Engineering Corp. Ltd., Class A   21,824,519    18,092,599 
China State Construction International  Holdings Ltd.   19,162,000    21,676,446 
China Taiping Insurance Holdings Co. Ltd.   12,932,708    13,460,993 
China Three Gorges Renewables Group Co. Ltd., Class A   13,583,170    10,358,766 
China Tobacco International HK Co. Ltd.   4,087,000    4,822,501 
China Tourism Group Duty Free Corp. Ltd., Class A   1,024,079    17,721,351 

3

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
China Tourism Group Duty Free Corp. Ltd., Class H(a)(b)(c)   721,100   $11,482,073 
China Tower Corp. Ltd., Class H(b)   390,116,000    42,847,122 
China Traditional Chinese Medicine Holdings  Co. Ltd.   25,744,000    12,381,084 
China Travel International Investment Hong Kong Ltd.(a)(c)   34,806,000    6,666,984 
China United Network Communications Ltd., Class A   15,847,225    10,954,808 
China Vanke Co. Ltd., Class A   5,403,468    10,829,955 
China Vanke Co. Ltd., Class H   19,202,187    25,365,220 
China Water Affairs Group Ltd.(c)   8,946,000    6,600,352 
China XLX Fertiliser Ltd.(c)   4,945,000    2,656,850 
China Yangtze Power Co. Ltd., Class A   12,452,925    39,373,369 
China Youzan Ltd.(a)(c)   141,520,000    2,406,099 
China Yuchai International Ltd.   2,606    20,822 
China Zhenhua Group Science & Technology Co. Ltd., Class A   367,900    4,767,069 
China Zheshang Bank Co. Ltd., Class A   18,509,920    7,464,544 
Chinasoft International Ltd.   24,472,000    14,600,044 
Chindata Group Holdings Ltd., ADR(a)(c)   1,375,241    7,838,874 
Chongqing Brewery Co. Ltd., Class A   318,200    3,987,991 
Chongqing Changan Automobile Co. Ltd., Class A   5,644,064    9,493,777 
Chongqing Zhifei Biological Products Co. Ltd., Class A   851,176    8,398,603 
Chow Tai Fook Jewellery Group Ltd.(c)   19,473,400    34,468,931 
CIFI Ever Sunshine Services Group Ltd.(d)   7,140,000    2,038,020 
CIFI Holdings Group Co. Ltd.(c)(d)   38,960,600    2,771,069 
CIMC Enric Holdings Ltd.   7,674,000    6,326,029 
CITIC Ltd.   53,310,000    61,548,291 
CITIC Securities Co. Ltd., Class A   6,151,049    17,325,049 
CITIC Securities Co. Ltd., Class H   18,155,900    33,431,102 
CMGE Technology Group Ltd.(a)(c)   21,532,000    5,473,530 
CMOC Group Ltd., Class A   10,135,033    7,468,630 
CMOC Group Ltd., Class H   32,823,000    17,164,130 
CNGR Advanced Material Co. Ltd., Class A   415,100    3,359,984 
COFCO Joycome Foods Ltd.(c)   26,300,000    6,150,770 
Colour Life Services Group Co. Ltd.(a)(c)(d)   4,592,000    151,258 
Concord New Energy Group Ltd.   81,200,000    7,151,245 
Contemporary Amperex Technology Co. Ltd., Class A   2,419,651    75,250,325 
COSCO SHIPPING Energy Transportation Co. Ltd., Class A(a)   3,575,400    5,621,374 
COSCO SHIPPING Energy Transportation Co. Ltd., Class H(a)   6,998,000    5,907,295 
COSCO SHIPPING Holdings Co. Ltd., Class A   6,933,746    10,170,256 
COSCO SHIPPING Holdings Co. Ltd., Class H   29,723,100    26,191,265 
COSCO SHIPPING International Hong Kong Co. Ltd.   12,796,000    4,201,069 
COSCO SHIPPING Ports Ltd.   17,392,000    10,950,556 
Country Garden Holdings Co. Ltd.(c)   112,805,733    20,787,029 
Country Garden Services Holdings Co. Ltd.   20,064,000    23,389,282 
CRRC Corp. Ltd., Class A   11,309,000    11,184,709 
CRRC Corp. Ltd., Class H   38,322,000    23,730,350 
CSC Financial Co. Ltd., Class A   2,020,594    7,204,583 
CSPC Pharmaceutical Group Ltd.   80,859,760    70,447,780 
CStone Pharmaceuticals(a)(b)   7,970,500    2,891,280 
Dada Nexus Ltd., ADR(a)(c)   762,534    3,553,408 
Dajin Heavy Industry Co. Ltd., Class A   616,200    2,872,946 
Dali Foods Group Co. Ltd.(b)   19,910,500    6,641,308 
Daqin Railway Co. Ltd., Class A   7,230,700    7,759,391 
Daqo New Energy Corp., ADR(a)(c)   556,127    19,992,766 
Security  Shares   Value 
         
China (continued)          
DaShenLin Pharmaceutical Group Co. Ltd., Class A   877,528   $4,012,905 
DHC Software Co. Ltd., Class A   5,052,998    5,231,683 
Digital China Holdings Ltd.   10,235,000    4,170,429 
Do-Fluoride New Materials Co. Ltd., Class A   1,235,260    3,468,812 
Dongfang Electric Corp. Ltd., Class A   2,138,624    5,406,943 
Dongfeng Motor Group Co. Ltd., Class H   24,622,000    10,662,641 
Dongxing Securities Co. Ltd., Class A   4,782,467    5,503,344 
Dongyue Group Ltd.   13,468,000    11,778,161 
DouYu International Holdings Ltd., ADR(a)(c)   1,378,623    1,330,923 
East Money Information Co. Ltd., Class A   8,753,088    17,266,755 
Ecovacs Robotics Co. Ltd., Class A   431,800    4,200,458 
ENN Energy Holdings Ltd.   7,269,600    84,659,607 
ENN Natural Gas Co. Ltd., Class A   1,642,872    4,467,578 
Eve Energy Co. Ltd., Class A   1,165,777    10,493,657 
Everbright Securities Co. Ltd., Class A   2,791,486    6,211,870 
Everest Medicines Ltd.(a)(b)(c)   2,356,500    3,273,123 
Excellence Commercial Property & Facilities  Management Group Ltd.(c)   5,205,000    1,570,548 
Fangda Carbon New Material Co. Ltd., Class A(a)   4,440,684    3,942,367 
Far East Horizon Ltd.(c)   12,145,000    10,176,641 
FinVolution Group, ADR   1,244,219    4,802,685 
Fire Rock Holdings Ltd.(a)(c)(d)   19,668,000    832,840 
First Capital Securities Co. Ltd., Class A   9,158,300    7,553,226 
Flat Glass Group Co. Ltd., Class A   1,114,500    5,055,280 
Flat Glass Group Co. Ltd., Class H   3,792,000    10,663,489 
Focus Media Information Technology Co. Ltd., Class A   10,277,899    9,280,755 
Foshan Haitian Flavouring & Food Co. Ltd., Class A   2,097,395    17,836,073 
Fosun International Ltd.   23,289,500    15,360,324 
Foxconn Industrial Internet Co. Ltd., Class A   4,990,425    12,658,214 
Fu Shou Yuan International Group Ltd.   11,414,000    8,325,845 
Fufeng Group Ltd.(c)   17,029,400    9,293,782 
Fuyao Glass Industry Group Co. Ltd., Class A   1,026,500    4,679,427 
Fuyao Glass Industry Group Co. Ltd., Class H(b)   5,525,600    20,123,248 
Ganfeng Lithium Co. Ltd., Class H(b)(c)   3,505,800    22,190,915 
Ganfeng Lithium Group Co. Ltd., Class A   966,557    8,437,666 
GCL-Poly Energy Holdings Ltd.(a)(c)   184,337,000    40,030,893 
GD Power Development Co. Ltd., Class A(a)   12,563,700    7,199,526 
GDS Holdings Ltd., Class A(a)   8,106,676    9,912,158 
Geely Automobile Holdings Ltd.   54,964,000    64,032,784 
Gemdale Corp., Class A   3,258,796    3,321,630 
Gemdale Properties & Investment Corp. Ltd.   71,132,000    3,728,547 
Genertec Universal Medical Group Co. Ltd.(b)   12,957,500    7,707,563 
Genscript Biotech Corp.(a)(c)   10,792,000    23,928,640 
GF Securities Co. Ltd., Class A   2,513,230    5,266,411 
GF Securities Co. Ltd., Class H   11,119,000    15,462,059 
GigaDevice Semiconductor Inc., Class A   463,735    7,217,389 
Ginlong Technologies Co. Ltd., Class A(a)   272,850    3,829,830 
GoerTek Inc., Class A   2,060,162    5,318,446 
GOME Retail Holdings Ltd.(a)(c)(d)   277,697,000    3,047,399 
Gotion High-tech Co. Ltd., Class A   1,670,100    6,245,094 
Grand Pharmaceutical Group Ltd., Class A   15,686,500    10,177,900 
Great Wall Motor Co. Ltd., Class A   1,189,600    3,775,995 
Great Wall Motor Co. Ltd., Class H(c)   22,900,000    23,536,972 
Gree Electric Appliances Inc. of Zhuhai, Class A   1,604,600    7,443,401 
Greentown China Holdings Ltd.   8,003,500    7,520,688 
Greentown Management Holdings Co. Ltd.(b)   8,104,000    6,697,396 
Greentown Service Group Co. Ltd.(c)   13,352,000    7,221,951 
Guangdong Haid Group Co. Ltd., Class A   1,085,420    7,047,977 

4

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Guangdong Investment Ltd.   26,820,000   $22,855,588 
Guangdong Kinlong Hardware Products Co. Ltd., Class A   241,300    2,148,333 
Guanghui Energy Co. Ltd., Class A   4,901,780    4,996,669 
Guangzhou Automobile Group Co. Ltd., Class A   2,780,399    3,981,246 
Guangzhou Automobile Group Co. Ltd., Class H   26,541,200    15,229,899 
Guangzhou Baiyunshan Pharmaceutical Holdings  Co. Ltd., Class A   1,634,088    8,247,215 
Guangzhou Great Power Energy & Technology Co. Ltd., Class A   436,100    2,876,679 
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A   340,000    3,300,337 
Guangzhou R&F Properties Co. Ltd., Class H(a)(c)   15,104,400    2,259,816 
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A   443,483    3,866,692 
Guangzhou Tinci Materials Technology Co. Ltd., Class A   1,394,696    8,019,990 
Guolian Securities Co. Ltd., Class A   3,426,000    4,618,527 
Guosen Securities Co. Ltd., Class A   6,414,267    8,300,047 
Guotai Junan Securities Co. Ltd., Class A   2,901,491    6,031,287 
Guoyuan Securities Co. Ltd., Class A   4,574,471    4,308,251 
Gushengtang Holdings Ltd.(a)   1,268,200    7,579,610 
H World Group Ltd., ADR(a)   1,766,372    64,684,543 
Haichang Ocean Park Holdings Ltd.(a)(b)(c)   31,228,000    6,303,622 
Haidilao International Holding Ltd.(a)(b)(c)   14,237,000    29,987,613 
Haier Smart Home Co. Ltd., Class A   3,566,237    10,763,113 
Haier Smart Home Co. Ltd., Class H   21,112,200    60,385,551 
Hainan Meilan International Airport Co. Ltd., Class H(a)   1,953,000    3,300,279 
Haitian International Holdings Ltd.   5,948,000    13,515,916 
Haitong Securities Co. Ltd., Class A   4,726,731    6,247,656 
Haitong Securities Co. Ltd., Class H   22,743,200    15,105,845 
Hangzhou Binjiang Real Estate Group Co. Ltd., Class A   2,668,594    3,165,702 
Hangzhou Chang Chuan Technology Co. Ltd., Class A   513,926    3,654,681 
Hangzhou First Applied Material Co. Ltd., Class A   1,194,508    5,143,035 
Hangzhou Lion Electronics Co. Ltd., Class A   469,600    2,686,133 
Hangzhou Oxygen Plant Group Co. Ltd., Class A   613,600    3,080,393 
Hangzhou Robam Appliances Co. Ltd., Class A   885,909    2,908,227 
Hangzhou Silan Microelectronics Co. Ltd., Class A   1,101,000    4,940,075 
Hangzhou Steam Turbine Power Group Co. Ltd., Class B   5,604,862    6,695,920 
Hangzhou Tigermed Consulting Co. Ltd., Class A   267,474    3,042,440 
Hangzhou Tigermed Consulting Co. Ltd., Class H(b)   1,072,100    8,021,177 
Hansoh Pharmaceutical Group Co. Ltd.(b)   10,000,000    16,643,986 
Harbin Electric Co. Ltd., Class H(a)   8,374,000    3,164,780 
Helens International Holdings Co. Ltd. (a)(c)   4,465,500    4,958,166 
Hello Group Inc., ADR   1,588,872    12,822,197 
Henan Shenhuo Coal & Power Co. Ltd., Class A   1,548,000    2,785,147 
Henan Shuanghui Investment & Development Co. Ltd., Class A   2,395,832    8,278,238 
Hengan International Group Co. Ltd.   5,652,000    24,029,634 
Hengdian Group DMEGC Magnetics Co. Ltd.   1,651,455    4,208,188 
Hengli Petrochemical Co. Ltd., Class A   3,017,830    6,692,954 
Hengtong Optic-Electric Co. Ltd., Class A   1,986,000    4,033,568 
Hengyi Petrochemical Co. Ltd., Class A   3,627,461    3,417,409 
Hithink RoyalFlush Information Network Co. Ltd., Class A   321,502    7,267,898 
Hongfa Technology Co. Ltd., Class A   820,468    3,489,396 
Hope Education Group Co. Ltd.(a)(b)(c)   55,052,000    3,941,258 
Security  Shares   Value 
         
China (continued)          
Hopson Development Holdings Ltd.(c)   8,168,236   $6,911,948 
Hoshine Silicon Industry Co. Ltd., Class A   441,923    4,183,044 
Hoyuan Green Energy Co. Ltd., Class A   305,860    3,317,335 
Hua Han Health Industry Holdings Ltd.(d)   19,424,288    25 
Hua Hong Semiconductor Ltd.(a)(b)   5,189,000    16,799,476 
Hua Medicine(a)(b)   7,668,500    1,817,600 
Huabao International Holdings Ltd.(c)   9,040,000    3,566,287 
Huadian Power International Corp. Ltd., Class A   5,727,500    5,736,280 
Huadong Medicine Co. Ltd., Class A   1,217,551    6,664,167 
Huafon Chemical Co. Ltd., Class A   4,241,055    4,003,611 
Hualan Biological Engineering Inc., Class A   1,426,220    4,509,152 
Huaneng Power International Inc., Class A(a)   5,438,626    7,781,655 
Huaneng Power International Inc., Class H(a)   36,882,000    23,705,459 
Huatai Securities Co. Ltd., Class A   3,259,051    6,194,384 
Huatai Securities Co. Ltd., Class H(b)   13,557,800    16,960,943 
Huaxia Bank Co. Ltd., Class A   11,051,130    8,971,337 
Huaxin Cement Co. Ltd., Class A   1,326,324    2,369,649 
Huayu Automotive Systems Co. Ltd., Class A   2,772,960    6,803,339 
Hubei Xingfa Chemicals Group Co. Ltd., Class A   1,044,900    3,139,072 
Huizhou Desay Sv Automotive Co. Ltd., Class A   359,000    5,734,573 
Humanwell Healthcare Group Co. Ltd., Class A   1,524,800    5,625,859 
Hundsun Technologies Inc., Class A   1,407,549    8,396,481 
HUTCHMED China Ltd.(a)   4,287,580    10,392,485 
HUYA Inc., ADR(a)(c)   771,466    2,244,966 
Hygeia Healthcare Holdings Co. Ltd.(a)(b)(c)   3,300,800    19,367,338 
iDreamSky Technology Holdings Ltd.(a)(b)   7,906,800    3,032,050 
Iflytek Co. Ltd., Class A   1,259,996    10,578,380 
I-Mab, ADR(a)   411,836    1,276,692 
Imeik Technology Development Co. Ltd., Class A   105,200    6,668,633 
Industrial & Commercial Bank of China Ltd., Class A   32,752,280    22,222,771 
Industrial & Commercial Bank of China Ltd., Class H   509,574,000    272,132,995 
Industrial Bank Co. Ltd., Class A   10,837,390    25,213,282 
Industrial Securities Co. Ltd., Class A   7,680,351    6,603,619 
INESA Intelligent Tech Inc., Class B   2,086,032    1,197,814 
Ingenic Semiconductor Co. Ltd., Class A   322,603    4,283,012 
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A   35,968,100    9,251,159 
Inner Mongolia Junzheng Energy & Chemical  Industry Group Co. Ltd., Class A   11,327,600    6,986,823 
Inner Mongolia Yili Industrial Group Co. Ltd., Class A   2,927,662    11,866,643 
Inner Mongolia Yitai Coal Co. Ltd., Class B   9,703,295    12,518,124 
Innovent Biologics Inc.(a)(b)   10,349,500    48,555,160 
Inspur Electronic Information Industry Co. Ltd., Class A   1,065,172    6,663,315 
iQIYI Inc., ADR(a)   3,997,158    16,228,461 
JA Solar Technology Co. Ltd., Class A   1,855,980    9,400,712 
Jafron Biomedical Co. Ltd., Class A   741,673    2,880,952 
Jason Furniture Hangzhou Co. Ltd., Class A   851,557    4,223,160 
JCET Group Co. Ltd., Class A   1,284,500    5,626,018 
JD Health International Inc.(a)(b)(c)   10,276,350    63,385,711 
JD.com Inc., Class A   21,160,104    344,731,971 
Jiangsu Eastern Shenghong Co. Ltd., Class A   3,553,900    5,813,824 
Jiangsu Expressway Co. Ltd., Class H   10,716,000    10,367,891 
Jiangsu GoodWe Power Supply Technology Co. Ltd., Class A, NVS   85,706    2,807,681 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   920,396    7,058,886 
Jiangsu Hengrui Medicine Co. Ltd., Class A   3,326,855    21,288,810 
Jiangsu King’s Luck Brewery JSC Ltd., Class A   905,056    7,086,903 

5

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Jiangsu Pacific Quartz Co. Ltd., Class A, NVS   254,582   $4,061,916 
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A   780,551    14,751,130 
Jiangsu Yangnong Chemical Co. Ltd., Class A   283,500    3,305,093 
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A   1,036,800    4,877,937 
Jiangsu Zhongtian Technology Co. Ltd., Class A   2,199,400    4,486,880 
Jiangxi Copper Co. Ltd., Class H   12,595,000    18,976,985 
Jiangxi Special Electric Motor Co. Ltd., Class A, NVS(a)   1,208,100    1,975,973 
Jinchuan Group International Resources Co. Ltd.   36,943,000    1,957,749 
Jinke Smart Services Group Co. Ltd., Class H   1,414,000    1,948,021 
Jinko Solar Co. Ltd., Class A   3,064,085    5,480,460 
JinkoSolar Holding Co. Ltd., ADR(a)(c)   391,149    16,393,055 
Jinxin Fertility Group Ltd.(b)   15,286,000    7,895,589 
JiuGui Liquor Co. Ltd., Class A   253,300    3,380,637 
Jiumaojiu International Holdings Ltd.(b)(c)   7,888,000    13,525,048 
JNBY Design Ltd.   2,800,500    2,744,150 
Jonjee Hi-Tech Industrial And Commercial Holding  Co. Ltd., Class A   940,842    4,799,352 
Joy Spreader Group Inc.(a)(c)   21,260,000    2,363,908 
JOYY Inc., ADR   432,183    10,718,138 
Juewei Food Co. Ltd., Class A   507,700    2,726,398 
Kangji Medical Holdings Ltd.   4,881,000    5,296,193 
Kanzhun Ltd., ADR(a)   1,683,047    23,343,862 
KE Holdings Inc., ADR(a)(c)   6,006,118    85,527,120 
Keda Industrial Group Co. Ltd., Class A   1,835,400    2,737,034 
Keymed Biosciences Inc.(a)(b)   1,715,000    8,935,153 
Kingboard Holdings Ltd.   6,276,700    16,912,101 
Kingboard Laminates Holdings Ltd.   9,037,000    8,270,259 
Kingdee International Software Group Co. Ltd.(a)(c)   24,917,000    33,124,350 
Kingsoft Cloud Holdings Ltd., ADR(a)(c)   990,725    4,418,633 
Kingsoft Corp. Ltd.   8,763,800    31,860,518 
Kintor Pharmaceutical Ltd. (a)(b)(c)   5,371,500    2,638,846 
Konka Group Co. Ltd., Class B   10,758,618    2,060,554 
Koolearn Technology Holding Ltd.(a)(b)(c)   3,818,500    14,198,036 
Kuaishou Technology(a)(b)   20,913,600    141,915,430 
Kuang-Chi Technologies Co. Ltd., Class A   1,555,650    3,472,936 
Kunlun Energy Co. Ltd.   36,004,000    28,718,418 
Kunlun Tech Co. Ltd., Class A   655,600    5,284,593 
Kweichow Moutai Co. Ltd., Class A   674,920    154,676,952 
KWG Group Holdings Ltd.(a)(c)   11,998,500    950,875 
LB Group Co. Ltd., Class A   1,746,507    3,852,652 
Lee & Man Paper Manufacturing Ltd.   14,343,000    4,857,948 
Legend Biotech Corp., ADR(a)(c)   536,227    34,409,687 
Lenovo Group Ltd.   66,202,000    62,233,820 
Lens Technology Co. Ltd., Class A   3,626,915    5,928,071 
Lepu Medical Technology Beijing Co. Ltd., Class A   1,770,282    6,136,404 
LexinFintech Holdings Ltd., ADR(a)   1,231,832    2,475,982 
Li Auto Inc., Class A(a)(c)   10,292,204    149,343,419 
Li Ning Co. Ltd.   21,518,500    115,619,330 
Lifetech Scientific Corp. (a)   35,666,000    10,607,684 
Lingyi iTech Guangdong Co., Class A(a)   7,113,033    6,287,201 
LK Technology Holdings Ltd.   5,460,000    4,851,150 
Longfor Group Holdings Ltd.(b)(c)   17,177,000    33,078,803 
LONGi Green Energy Technology Co. Ltd., Class A   4,145,449    16,779,437 
Lonking Holdings Ltd.   23,142,000    3,401,259 
Lufax Holding Ltd., ADR   5,915,595    7,571,962 
Luxshare Precision Industry Co. Ltd., Class A   3,839,889    14,732,968 
Luye Pharma Group Ltd. (a)(b)(c)   18,253,500    8,140,344 
Security  Shares   Value 
         
China (continued)          
Luzhou Laojiao Co. Ltd., Class A   813,508   $23,376,290 
Mango Excellent Media Co. Ltd., Class A   1,212,432    4,989,620 
Maoyan Entertainment(a)(b)(c)   6,086,000    5,039,608 
Maxscend Microelectronics Co. Ltd., Class A   350,912    4,371,617 
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A(a)   4,546,352    4,075,024 
Meitu Inc.(a)(b)(c)   25,423,500    5,847,014 
Meituan, Class B(a)(b)   45,959,660    645,332,302 
Metallurgical Corp. of China Ltd., Class A   12,715,700    7,199,290 
MH Development Ltd.(d)   3,308,000    69,194 
Microport Scientific Corp.(a)(c)   6,748,100    11,607,980 
Midea Real Estate Holding Ltd.(b)(c)   3,588,800    3,132,227 
Ming Yang Smart Energy Group Ltd., Class A   1,432,000    3,533,177 
Ming Yuan Cloud Group Holdings Ltd.(c)   7,961,000    3,413,368 
MINISO Group Holding Ltd., ADR   870,920    13,237,984 
Minth Group Ltd.   6,930,000    17,336,470 
MMG Ltd.(a)(c)   27,915,999    8,385,395 
Mobvista Inc.(a)(b)   7,205,000    3,406,736 
Montage Technology Co. Ltd., Class A   651,000    5,831,434 
Muyuan Foods Co. Ltd., Class A   2,916,683    16,425,368 
NARI Technology Co. Ltd., Class A   3,112,447    11,990,172 
National Silicon Industry Group Co. Ltd., Class A(a)   1,128,200    3,550,765 
NAURA Technology Group Co. Ltd., Class A   288,575    12,314,148 
NavInfo Co. Ltd., Class A   3,091,350    5,097,755 
NetDragon Websoft Holdings Ltd.   3,027,000    5,464,801 
NetEase Inc.   17,961,535    305,504,911 
New China Life Insurance Co. Ltd., Class A   1,015,501    5,250,497 
New China Life Insurance Co. Ltd., Class H   7,966,400    20,605,014 
New Hope Liuhe Co. Ltd., Class A(a)   4,103,044    6,502,149 
New Horizon Health Ltd.(a)(b)   2,588,000    9,297,044 
New Oriental Education & Technology  Group Inc.(a)   14,207,790    53,731,514 
Nexteer Automotive Group Ltd.(c)   8,754,000    3,913,256 
Nine Dragons Paper Holdings Ltd.(c)   15,260,000    8,463,095 
Ninestar Corp., Class A   971,934    5,341,537 
Ningbo Deye Technology Co. Ltd., Class A, NVS   234,000    4,453,669 
Ningbo Orient Wires & Cables Co. Ltd., Class A   563,900    3,882,563 
Ningbo Ronbay New Energy Technology Co. Ltd., Class A   339,717    2,746,268 
Ningbo Shanshan Co. Ltd., Class A   1,966,100    4,075,984 
Ningbo Tuopu Group Co. Ltd., Class A   813,200    6,642,825 
Ningxia Baofeng Energy Group Co. Ltd., Class A   4,550,100    7,767,823 
NIO Inc., ADR(a)(c)   12,594,490    94,836,510 
Noah Holdings Ltd., ADR(a)(c)   319,373    4,956,669 
Nongfu Spring Co. Ltd., Class H(b)(c)   15,559,800    83,425,184 
North Industries Group Red Arrow Co. Ltd., Class A   1,138,000    2,880,113 
Offshore Oil Engineering Co. Ltd., Class A   2,789,000    2,404,914 
Oppein Home Group Inc., Class A   402,280    5,359,085 
Orient Overseas International Ltd.(c)   1,253,000    15,265,221 
Orient Securities Co. Ltd., Class A   5,828,567    8,098,686 
Ovctek China Inc., Class A   613,365    2,409,504 
Pangang Group Vanadium Titanium & Resources          
Co. Ltd., Class A(a)   5,162,600    2,888,082 
Peijia Medical Ltd.(a)(b)   5,359,000    4,671,053 
People’s Insurance Co. Group of China Ltd. (The), Class H   82,161,000    31,066,090 
Perfect World Co. Ltd., Class A   1,459,386    3,766,576 
PetroChina Co. Ltd., Class A   9,904,937    10,433,521 
PetroChina Co. Ltd., Class H   193,290,000    124,940,561 
Pharmaron Beijing Co. Ltd., Class A   466,650    3,030,339 

6

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Pharmaron Beijing Co. Ltd., Class H(b)   1,848,050   $6,825,369 
PICC Property & Casualty Co. Ltd., Class H   62,403,040    74,441,257 
Pinduoduo Inc., ADR(a)   4,598,737    300,389,501 
Ping An Bank Co. Ltd., Class A   9,808,936    16,006,322 
Ping An Healthcare and Technology Co. Ltd.(a)(b)(c)   4,689,600    10,847,932 
Ping An Insurance Group Co. of China Ltd., Class A   5,607,716    37,036,232 
Ping An Insurance Group Co. of China Ltd., Class H   57,777,000    366,663,565 
Poly Developments and Holdings Group Co. Ltd., Class A   6,297,411    11,275,472 
Poly Property Group Co. Ltd.   19,249,000    4,281,081 
Pop Mart International Group Ltd.(b)(c)   4,942,800    10,867,926 
Postal Savings Bank of China Co. Ltd., Class A   14,046,300    10,142,470 
Postal Savings Bank of China Co. Ltd., Class H(b)   73,126,000    45,945,666 
Pou Sheng International Holdings Ltd.   14,833,000    1,309,800 
Power Construction Corp. of China Ltd., Class A   8,557,044    7,969,319 
Powerlong Real Estate Holdings Ltd.(c)   10,815,000    1,231,726 
Pylon Technologies Co. Ltd., Class A, NVS   131,837    3,659,420 
Q Technology Group Co. Ltd.(a)(c)   5,338,000    2,107,503 
Qifu Technology Inc.   1,063,440    14,622,300 
Qinghai Salt Lake Industry Co. Ltd., Class A(a)   2,402,900    6,347,205 
Redco Properties Group Ltd.(a)(b)(c)(d)   11,872,000    1,512,949 
RLX Technology Inc., ADR(a)(c)   5,130,136    8,772,533 
Rongsheng Petrochemical Co. Ltd., Class A   5,477,971    8,933,000 
SAIC Motor Corp. Ltd., Class A   2,783,590    5,248,567 
Sanan Optoelectronics Co. Ltd., Class A   2,141,400    5,942,274 
Sangfor Technologies Inc., Class A   287,100    5,027,499 
Sany Heavy Equipment International Holdings Co. Ltd.   11,491,000    15,161,823 
Sany Heavy Industry Co. Ltd., Class A   4,377,711    9,035,907 
Satellite Chemical Co. Ltd., Class A   2,805,107    4,995,608 
SDIC Capital Co. Ltd., Class A   5,426,500    5,633,143 
Seazen Group Ltd.(a)   20,608,000    3,635,695 
Seazen Holdings Co. Ltd., Class A(a)   1,391,526    2,734,827 
SF Holding Co. Ltd., Class A   2,694,492    17,942,079 
SG Micro Corp., Class A   247,500    3,771,070 
Shaanxi Coal Industry Co. Ltd., Class A   5,463,790    12,868,562 
Shan Xi Hua Yang Group New Energy Co. Ltd., Class A   1,794,800    3,147,063 
Shandong Gold Mining Co. Ltd., Class A   2,004,401    7,121,511 
Shandong Gold Mining Co. Ltd., Class H(b)(c)   5,821,500    11,112,525 
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A   1,552,799    6,364,422 
Shandong Linglong Tyre Co. Ltd., Class A   1,364,441    4,084,394 
Shandong Nanshan Aluminum Co. Ltd., Class A   10,059,000    4,254,292 
Shandong Weigao Group Medical Polymer Co. Ltd., Class H(c)   23,370,800    34,508,397 
Shanghai Aiko Solar Energy Co. Ltd., Class A(a)   852,300    4,128,232 
Shanghai Bairun Investment Holding Group Co. Ltd., Class A   859,204    4,108,698 
Shanghai Baosight Software Co. Ltd., Class A   922,692    6,875,543 
Shanghai Baosight Software Co. Ltd., Class B   4,731,831    15,731,966 
Shanghai Chlor-Alkali Chemical Co. Ltd., Class B   7,693,709    3,983,595 
Shanghai Construction Group Co. Ltd., Class A   9,674,100    3,589,340 
Shanghai Electric Group Co. Ltd., Class A(a)   12,803,800    8,687,619 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A   1,030,200    4,513,001 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H   4,616,000    12,572,586 
Shanghai Fudan Microelectronics Group Co. Ltd., Class A   327,380    2,623,768 
Security  Shares   Value 
         
China (continued)          
Shanghai Fudan Microelectronics Group Co. Ltd., Class H   2,775,000   $7,450,383 
Shanghai Haixin Group Co., Class B   8,095,091    2,177,758 
Shanghai Highly Group Co. Ltd., Class B   199,287    74,915 
Shanghai Industrial Holdings Ltd.   5,577,000    7,819,866 
Shanghai International Airport Co. Ltd., Class A(a)   1,173,303    7,684,735 
Shanghai International Port Group Co. Ltd., Class A   7,196,570    5,327,800 
Shanghai Jinjiang International Hotels Co. Ltd., Class A   665,378    4,384,598 
Shanghai Junshi Biosciences Co. Ltd., Class A(a)   609,250    3,888,950 
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B   10,581,673    6,319,185 
Shanghai M&G Stationery Inc., Class A   812,147    4,851,220 
Shanghai Pharmaceuticals Holding Co. Ltd., Class A   1,512,000    4,982,005 
Shanghai Pharmaceuticals Holding Co. Ltd., Class H   7,188,000    14,325,437 
Shanghai Pudong Development Bank Co. Ltd., Class A   14,574,846    15,053,628 
Shanghai Putailai New Energy Technology Co. Ltd., Class A   1,321,994    6,590,757 
Shanghai RAAS Blood Products Co. Ltd., Class A   5,919,534    5,589,135 
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class B   1,131,138    1,027,085 
Shanxi Coking Coal Energy Group Co. Ltd., Class A   3,586,600    4,962,763 
Shanxi Lu’an Environmental Energy Development  Co. Ltd., Class A   2,088,200    5,487,674 
Shanxi Meijin Energy Co. Ltd., Class A   2,950,769    2,972,044 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A   697,239    20,585,464 
Shede Spirits Co. Ltd., Class A   147,200    3,267,779 
Shengyi Technology Co. Ltd., Class A   1,835,208    3,933,436 
Shennan Circuits Co. Ltd., Class A   332,371    3,657,030 
Shenwan Hongyuan Group Co. Ltd., Class A   14,999,892    9,949,610 
Shenzhen Dynanonic Co. Ltd., Class A   192,931    2,982,716 
Shenzhen Inovance Technology Co. Ltd., Class A   1,419,742    11,792,755 
Shenzhen International Holdings Ltd.(c)   11,132,750    8,825,816 
Shenzhen Investment Ltd.   29,122,000    5,130,284 
Shenzhen Kangtai Biological Products Co. Ltd., Class A   684,800    2,675,441 
Shenzhen Kstar Science & Technology Co. Ltd., Class A   418,900    2,282,609 
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A   654,946    27,696,199 
Shenzhen New Industries Biomedical Engineering  Co. Ltd., Class A   461,800    3,887,237 
Shenzhen Overseas Chinese Town Co. Ltd., Class A   6,551,702    4,380,061 
Shenzhen SC New Energy Technology Corp., Class A   286,500    3,851,779 
Shenzhen Senior Technology Co. Ltd., Class A   1,505,253    3,423,603 
Shenzhen Transsion Holding Co. Ltd., Class A   470,700    8,298,491 
Shenzhou International Group Holdings Ltd.   7,351,800    59,530,337 
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A   1,070,318    4,318,203 
Shimao Group Holdings Ltd.(a)(c)(d)   8,435,727    1,391,427 
Shimao Services Holdings Ltd.(a)(b)(c)   9,031,000    1,710,109 
Shoucheng Holdings Ltd.   28,678,800    7,659,056 
Shougang Fushan Resources Group Ltd.   20,596,000    6,314,681 
Shui On Land Ltd.   49,918,666    5,993,134 
Sichuan Chuantou Energy Co. Ltd., Class A   4,240,686    8,873,494 

7

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Sichuan Kelun Pharmaceutical Co. Ltd., Class A   1,606,020   $6,984,333 
Sichuan New Energy Power Co. Ltd., Class A(a)   1,806,183    3,554,885 
Sichuan Road & Bridge Co. Ltd., Class A   4,357,500    9,307,174 
Sichuan Swellfun Co. Ltd., Class A   355,500    2,914,837 
Sichuan Yahua Industrial Group Co. Ltd., Class A   1,181,400    2,984,693 
Sihuan Pharmaceutical Holdings Group Ltd.(c)   46,088,000    4,353,953 
Sino Biopharmaceutical Ltd.   93,771,000    44,702,186 
Sinofert Holdings Ltd.   27,686,000    3,712,532 
Sinoma Science & Technology Co. Ltd., Class A   1,083,200    2,958,139 
Sinomine Resource Group Co. Ltd., Class A   579,820    4,372,112 
Sino-Ocean Group Holding Ltd.(a)(c)   31,241,500    1,896,753 
Sinopec Engineering Group Co. Ltd., Class H   16,969,000    7,190,672 
Sinopec Kantons Holdings Ltd.   14,412,000    5,228,022 
Sinopharm Group Co. Ltd., Class H   12,104,000    39,677,699 
Skshu Paint Co. Ltd., Class A(a)   299,820    3,766,700 
Skyworth Group Ltd.(c)   15,242,000    7,618,362 
Smoore International Holdings Ltd.(b)(c)   16,457,000    16,607,954 
SOHO China Ltd.(a)(c)   21,666,000    3,212,914 
Sohu.com Ltd., ADR(a)(c)   308,711    3,494,608 
Songcheng Performance Development Co. Ltd., Class A   2,360,456    4,217,432 
SSY Group Ltd.   13,276,411    8,174,296 
StarPower Semiconductor Ltd., Class A   109,900    3,367,044 
Sun King Technology Group Ltd.(a)(c)   11,032,000    2,213,682 
Sunac Services Holdings Ltd.(b)(c)   9,834,000    2,690,820 
Sungrow Power Supply Co. Ltd., Class A   838,400    12,972,852 
Sunny Optical Technology Group Co. Ltd.   6,470,600    60,907,712 
Sunwoda Electronic Co. Ltd., Class A   1,934,300    4,331,455 
Superb Summit International Group Ltd.(d)   998,771    1 
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A   1,524,400    5,439,434 
Suzhou Maxwell Technologies Co. Ltd., Class A   211,992    4,710,864 
SY Holdings Group Ltd.(c)   8,602,500    6,328,601 
TAL Education Group, ADR(a)(c)   4,151,121    22,540,587 
TBEA Co. Ltd., Class A   2,908,501    9,143,307 
TCL Electronics Holdings Ltd.   10,325,000    4,234,261 
TCL Technology Group Corp., Class A   15,841,712    8,597,202 
TCL Zhonghuan Renewable Energy Technology  Co. Ltd., Class A   1,783,791    9,311,007 
Tencent Holdings Ltd.   56,396,100    2,231,836,977 
Tencent Music Entertainment Group, ADR(a)(c)   6,501,781    45,122,360 
Thunder Software Technology Co. Ltd., Class A   410,200    5,634,642 
Tiangong International Co. Ltd.(c)   13,184,000    3,563,346 
Tianjin Port Development Holdings Ltd.   52,552,000    3,825,089 
Tianma Microelectronics Co. Ltd., Class A(a)   4,097,705    5,566,251 
Tianneng Power International Ltd.(c)   6,834,000    7,856,747 
Tianqi Lithium Corp., Class A(a)   819,700    8,295,129 
Tianshui Huatian Technology Co. Ltd., Class A   3,504,436    4,787,784 
Tingyi Cayman Islands Holding Corp.(c)   17,774,000    26,625,173 
Toly Bread Co. Ltd., Class A   1,606,680    2,358,848 
Tong Ren Tang Technologies Co. Ltd., Class H   6,984,000    6,180,959 
Tongcheng Travel Holdings Ltd.(a)   10,880,000    21,718,428 
Tongdao Liepin Group(a)(c)   3,293,200    3,608,848 
Tongwei Co. Ltd., Class A   2,487,277    11,922,911 
Topchoice Medical Corp., Class A(a)   251,299    3,735,272 
Topsports International Holdings Ltd.(b)   15,594,000    12,116,953 
Towngas Smart Energy Co. Ltd.(c)   10,779,000    4,790,942 
TravelSky Technology Ltd., Class H   8,167,000    14,899,065 
Trina Solar Co. Ltd., Class A   1,195,016    6,602,290 
Trip.com Group Ltd.(a)   5,014,441    159,704,359 
Truly International Holdings Ltd.   20,546,000    2,150,305 
Security  Shares   Value 
         
China (continued)          
Tsingtao Brewery Co. Ltd., Class A   523,200   $6,998,159 
Tsingtao Brewery Co. Ltd., Class H   5,446,000    46,887,466 
Tuya Inc.(a)(c)   2,406,203    4,764,282 
Unigroup Guoxin Microelectronics Co. Ltd., Class A   463,773    6,007,040 
Uni-President China Holdings Ltd.   11,773,000    10,231,610 
Unisplendour Corp. Ltd., Class A   2,096,861    9,615,876 
Untrade Cteg(d)   33,362,000    145,540 
Untrade SMI Holdings(d)   12,466,353    16 
Untradelumena Newmat, NVS(d)   43,450     
Up Fintech Holding Ltd., ADR(a)(c)   976,891    2,959,980 
Venus MedTech Hangzhou Inc., Class H(a)(b)(c)   2,599,500    2,427,925 
Vinda International Holdings Ltd.   3,689,000    8,879,956 
Vipshop Holdings Ltd., ADR(a)   3,408,752    48,813,329 
Viva Biotech Holdings(a)(b)(c)   16,480,500    3,212,639 
Vnet Group Inc., ADR(a)(c)   935,658    2,404,641 
Walvax Biotechnology Co. Ltd., Class A   1,237,289    5,025,965 
Wanhua Chemical Group Co. Ltd., Class A   1,524,286    17,621,868 
Want Want China Holdings Ltd.   43,459,000    29,088,223 
Weibo Corp., ADR(a)(c)   622,273    8,693,154 
Weichai Power Co. Ltd., Class A   3,418,600    5,553,767 
Weichai Power Co. Ltd., Class H   17,509,000    23,772,374 
Weihai Guangwei Composites Co. Ltd., Class A   602,560    2,481,949 
Weimob Inc.(a)(b)(c)   21,010,000    9,754,892 
Wens Foodstuffs Group Co. Ltd., Class A   2,819,841    6,667,271 
West China Cement Ltd.   33,992,000    3,604,755 
Western Securities Co. Ltd., Class A   7,940,891    7,232,165 
Western Superconducting Technologies Co. Ltd., Class A   393,800    4,289,384 
Westone Information Industry Inc., Class A   563,100    2,340,763 
Will Semiconductor Co. Ltd. Shanghai, Class A   557,969    7,829,599 
Wingtech Technology Co. Ltd., Class A   767,600    5,380,445 
Wuhan Guide Infrared Co. Ltd., Class A   3,264,459    4,710,352 
Wuliangye Yibin Co. Ltd., Class A   2,115,174    47,996,708 
WUS Printed Circuit Kunshan Co. Ltd., Class A   1,647,196    4,837,666 
WuXi AppTec Co. Ltd., Class A   1,457,639    13,321,105 
WuXi AppTec Co. Ltd., Class H(b)   3,206,507    26,373,675 
Wuxi Biologics Cayman Inc.(a)(b)   34,278,500    175,498,154 
XCMG Construction Machinery Co. Ltd., Class A   9,506,009    7,994,412 
XD Inc.(a)(c)   3,118,600    8,154,854 
Xiabuxiabu Catering Management China Holdings  Co. Ltd.(b)   7,783,500    4,358,096 
Xiamen C & D Inc., Class A   2,148,500    3,505,567 
Xiaomi Corp., Class B(a)(b)   138,420,800    182,802,110 
Xinjiang Daqo New Energy Co. Ltd., Class A   805,250    4,831,104 
Xinjiang Goldwind Science & Technology Co. Ltd., Class A   3,409,637    5,214,178 
Xinyi Solar Holdings Ltd.   44,682,800    44,138,403 
XPeng Inc.(a)(c)   9,239,650    36,619,127 
Xtep International Holdings Ltd.   12,432,500    12,496,318 
Yadea Group Holdings Ltd.(b)   11,436,000    22,791,624 
Yangzhou Yangjie Electronic Technology Co. Ltd., Class A   367,200    2,126,659 
Yankuang Energy Group Co. Ltd., Class A   1,260,306    4,803,002 
Yankuang Energy Group Co. Ltd., Class H   14,274,000    36,191,401 
Yantai Jereh Oilfield Services Group Co. Ltd., Class A   1,146,768    3,930,593 
Yeahka Ltd.(a)(c)   2,611,600    6,681,676 
Yealink Network Technology Corp. Ltd., Class A   668,576    4,977,234 
Yifeng Pharmacy Chain Co. Ltd., Class A   628,614    4,380,950 
Yihai International Holding Ltd.   4,185,000    9,285,584 

8

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Yihai Kerry Arawana Holdings Co. Ltd., Class A   956,101   $5,407,463 
YongXing Special Materials Technology Co. Ltd., Class A   449,760    3,999,904 
Yonyou Network Technology Co. Ltd., Class A   2,133,883    5,958,251 
Youdao Inc., ADR(a)(c)   444,661    1,978,741 
Youngy Co. Ltd., Class A(a)   219,000    1,893,573 
Youyuan International Holdings Ltd.(d)   5,307,000    26,425 
YTO Express Group Co. Ltd., Class A   2,169,253    4,691,303 
Yuexiu Property Co. Ltd.(c)   14,318,576    15,510,793 
Yuexiu REIT(c)   26,527,000    6,407,898 
Yuexiu Transport Infrastructure Ltd.   11,778,000    5,592,436 
Yum China Holdings Inc.   3,813,703    215,321,671 
Yunda Holding Co. Ltd., Class A   2,235,737    3,584,011 
Yunnan Aluminium Co. Ltd., Class A   2,574,254    4,379,010 
Yunnan Baiyao Group Co. Ltd., Class A   822,292    6,222,590 
Yunnan Botanee Bio-Technology Group Co. Ltd., Class A   206,800    2,682,034 
Yunnan Energy New Material Co. Ltd., Class A(a)   558,132    7,141,512 
Yunnan Yuntianhua Co. Ltd., Class A   1,179,000    2,760,003 
Zangge Mining Co. Ltd., Class A   1,183,946    3,822,175 
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A   315,469    13,485,501 
Zhaojin Mining Industry Co. Ltd., Class H(a)   11,118,000    15,832,643 
Zhejiang Century Huatong Group Co. Ltd., Class A(a)   6,210,595    5,426,173 
Zhejiang China Commodities City Group Co. Ltd., Class A   2,942,220    3,402,223 
Zhejiang Chint Electrics Co. Ltd., Class A   1,647,373    6,049,639 
Zhejiang Dahua Technology Co. Ltd., Class A   2,365,958    6,601,126 
Zhejiang Dingli Machinery Co. Ltd., Class A   475,516    3,149,745 
Zhejiang Expressway Co. Ltd., Class H(c)   13,506,000    10,002,748 
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A   1,239,262    3,212,338 
Zhejiang Huayou Cobalt Co. Ltd., Class A   1,178,691    7,660,778 
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A   981,894    9,514,512 
Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A   733,900    2,998,353 
Zhejiang Juhua Co. Ltd., Class A   1,777,800    3,284,574 
Zhejiang NHU Co. Ltd., Class A   2,723,858    5,778,560 
Zhejiang Supcon Technology Co. Ltd., Class A   384,869    5,591,706 
Zhejiang Supor Co. Ltd., Class A   437,240    2,748,190 
Zhejiang Weiming Environment Protection Co. Ltd., Class A   1,246,483    3,171,726 
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A   475,107    2,545,784 
Zheshang Securities Co. Ltd., Class A   4,764,800    6,692,699 
ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)(c)   6,444,200    18,148,503 
Zhongji Innolight Co. Ltd., Class A   534,174    8,085,525 
Zhongsheng Group Holdings Ltd.   5,661,000    20,892,978 
Zhongtai Securities Co. Ltd., Class A   4,719,900    4,515,167 
Zhou Hei Ya International Holdings Co. Ltd.(b)(c)   9,180,500    3,569,152 
Zhuguang Holdings Group Co. Ltd.(a)(c)   22,166,000    1,868,651 
Zhuzhou CRRC Times Electric Co. Ltd.   5,587,100    23,512,157 
Zijin Mining Group Co. Ltd., Class A   10,280,800    15,456,658 
Zijin Mining Group Co. Ltd., Class H   51,774,000    70,420,607 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A   7,172,900    6,384,521 
ZTE Corp., Class A   1,723,139    8,525,856 
ZTE Corp., Class H   7,208,440    22,133,239 
ZTO Express Cayman Inc., ADR   3,851,185    97,203,909 
         18,073,868,922 
Security  Shares   Value 
         
Colombia — 0.1%          
Bancolombia SA   2,229,217   $13,926,344 
Cementos Argos SA   5,164,856    3,690,841 
Grupo Argos SA(d)   3,207,834    6,740,056 
Interconexion Electrica SA ESP   4,353,023    17,216,451 
         41,573,692 
Czech Republic — 0.2%          
CEZ AS(c)   1,507,297    67,810,453 
Komercni Banka AS   705,405    21,029,516 
Moneta Money Bank AS(b)   3,614,596    12,898,366 
         101,738,335 
Egypt — 0.1%          
Commercial International Bank Egypt SAE   22,032,406    37,250,373 
Eastern Co. SAE   9,912,413    6,115,026 
E-Finance for Digital & Financial Investments, NVS   5,507,837    3,156,757 
Egyptian Financial Group-Hermes Holding Co.(a)   12,038,764    7,380,015 
EISewedy Electric Co.   8,670,920    5,401,963 
Ezz Steel Co. SAE   538,758    683,299 
Fawry for Banking & Payment Technology  Services SAE(a)   18,156,721    3,346,879 
Talaat Moustafa Group   9,739,310    2,978,008 
Telecom Egypt Co.   4,527,140    3,545,027 
         69,857,347 
Greece — 0.5%          
Alpha Services and Holdings SA(a)   21,146,198    31,362,630 
Athens Water Supply & Sewage Co. SA   444,043    3,099,384 
Autohellas Tourist and Trading SA   43,676    672,543 
Eurobank Ergasias Services and Holdings SA, Class A(a)   24,230,613    37,875,774 
FF Group(a)(d)   343,633    4 
GEK Terna Holding Real Estate Construction SA   686,373    9,958,261 
Hellenic Telecommunications Organization SA   1,746,683    26,755,438 
Holding Co. ADMIE IPTO SA(c)   1,740,473    3,572,488 
JUMBO SA   977,804    22,692,271 
LAMDA Development SA(a)   742,176    5,070,638 
Motor Oil Hellas Corinth Refineries SA   605,145    15,631,681 
Mytilineos SA   989,574    31,169,671 
National Bank of Greece SA(a)   5,280,832    32,766,361 
OPAP SA   1,809,411    30,896,055 
Piraeus Financial Holdings SA(a)   6,382,825    18,873,613 
Public Power Corp. SA(a)   1,693,903    17,932,276 
Sarantis SA(c)   254,153    2,015,748 
Terna Energy SA   532,328    11,487,011 
Titan Cement International SA(c)   472,358    8,389,470 
         310,221,317 
Hong Kong — 0.0%          
China Renewable Energy Investment Ltd.(d)   8,046     
China Zhongwang Holdings Ltd.   15,649,600    20 
         20 
Hungary — 0.2%          
Magyar Telekom Telecommunications PLC   5,523,709    6,660,803 
MOL Hungarian Oil & Gas PLC   3,777,425    30,754,104 
OTP Bank Nyrt   2,068,798    64,497,955 
Richter Gedeon Nyrt   1,260,421    31,803,061 
         133,715,923 
India — 15.6%          
360 ONE WAM Ltd.   1,538,064    7,771,129 
3M India Ltd.   32,248    9,800,072 
Aarti Industries Ltd.   1,905,520    11,784,714 

9

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Aarti Pharmalabs Ltd., NVS(a)   492,169   $2,195,465 
Aavas Financiers Ltd.(a)   383,985    6,483,084 
ABB India Ltd.   547,245    27,268,827 
ACC Ltd.   608,351    13,056,492 
Adani Enterprises Ltd.   1,576,818    47,463,184 
Adani Green Energy Ltd.(a)   2,871,696    33,831,747 
Adani Ports & Special Economic Zone Ltd.   4,862,489    43,359,593 
Adani Power Ltd.(a)   6,990,715    21,058,452 
Aditya Birla Capital Ltd.(a)   5,686,357    11,687,244 
Aditya Birla Fashion and Retail Ltd.(a)   3,245,279    7,893,729 
Aegis Logistics Ltd.   1,599,474    6,922,321 
Affle India Ltd.(a)   716,417    8,291,192 
AIA Engineering Ltd.   440,377    16,309,105 
Ajanta Pharma Ltd.   485,382    7,668,706 
Alembic Pharmaceuticals Ltd.   577,536    3,812,891 
Alkyl Amines Chemicals   164,097    4,910,824 
Alok Industries Ltd.(a)   12,063,833    1,958,457 
Amara Raja Batteries Ltd.   1,234,598    8,960,023 
Amber Enterprises India Ltd.(a)   200,203    5,116,995 
Ambuja Cements Ltd.(a)   5,667,106    28,962,045 
Angel One Ltd.   367,012    5,958,433 
APL Apollo Tubes Ltd.   1,536,338    21,077,742 
Apollo Hospitals Enterprise Ltd.   953,167    53,194,021 
Apollo Tyres Ltd.   3,857,657    18,204,488 
Ashok Leyland Ltd.   14,592,029    25,767,434 
Asian Paints Ltd.   3,531,126    136,045,528 
Astral Ltd.   1,212,353    26,652,558 
AstraZeneca Pharma India Ltd.   80,149    3,453,339 
Atul Ltd.   125,367    10,196,509 
AU Small Finance Bank Ltd.(b)   1,690,366    15,848,331 
Aurobindo Pharma Ltd.   2,324,754    18,494,569 
Avanti Feeds Ltd.   737,845    3,482,165 
Avenue Supermarts Ltd.(a)(b)   1,542,654    64,603,157 
Axis Bank Ltd.   20,798,878    229,533,478 
Bajaj Auto Ltd.   663,908    36,608,852 
Bajaj Electricals Ltd.   504,232    6,959,049 
Bajaj Finance Ltd.   2,507,546    211,471,882 
Bajaj Finserv Ltd.   3,536,962    61,925,686 
Bajaj Holdings & Investment Ltd.   275,854    24,206,247 
Balaji Amines Ltd.   115,009    2,921,399 
Balkrishna Industries Ltd.   856,901    23,533,414 
Balrampur Chini Mills Ltd.   1,516,478    7,185,828 
Bandhan Bank Ltd.(a)(b)   6,541,825    21,150,002 
Bank of Baroda   9,990,948    22,289,448 
BASF India Ltd.   128,484    3,926,860 
Bata India Ltd.   539,752    10,324,089 
Bayer CropScience Ltd.   143,724    7,344,666 
Berger Paints India Ltd.   2,373,245    18,631,997 
Bharat Dynamics Ltd.   564,534    7,509,467 
Bharat Electronics Ltd.   35,708,366    48,357,606 
Bharat Forge Ltd.   2,435,884    23,257,417 
Bharat Heavy Electricals Ltd.   10,258,145    10,140,311 
Bharat Petroleum Corp. Ltd.   7,621,688    33,465,722 
Bharti Airtel Ltd.   20,517,272    210,600,330 
Biocon Ltd.   3,910,058    11,582,543 
Birla Corp. Ltd.   309,425    4,192,041 
Birlasoft Ltd.   2,150,546    8,907,429 
Blue Dart Express Ltd.   70,813    5,327,209 
Blue Star Ltd.   540,905    9,415,076 
Borosil Renewables Ltd.(a)   629,441    4,145,342 
Security  Shares   Value 
         
India (continued)          
Brigade Enterprises Ltd.   1,136,271   $7,718,700 
Brightcom Group Ltd.   11,932,926    2,688,732 
Britannia Industries Ltd.   1,041,611    58,613,070 
BSE Ltd.   659,787    4,441,004 
Can Fin Homes Ltd.   828,516    7,075,575 
Carborundum Universal Ltd.   999,057    13,871,388 
Ceat Ltd.   277,415    6,459,898 
Central Depository Services India Ltd.   638,950    8,009,155 
Century Plyboards India Ltd.   460,831    3,098,798 
Century Textiles & Industries Ltd.   664,798    6,407,504 
CESC Ltd.   7,446,611    6,223,558 
CG Power and Industrial Solutions Ltd.   5,788,821    27,466,001 
Chambal Fertilisers and Chemicals Ltd.   2,077,172    7,025,264 
Cholamandalam Financial Holdings Ltd.   1,049,320    10,136,290 
Cholamandalam Investment and Finance Co. Ltd.   4,066,229    51,590,074 
Cipla Ltd.   4,579,428    52,721,483 
City Union Bank Ltd.   4,675,480    7,062,468 
Clean Science and Technology   256,271    4,387,427 
Coal India Ltd.   14,441,797    42,063,204 
Coforge Ltd.   316,777    17,402,359 
Colgate-Palmolive India Ltd.   1,149,559    22,095,006 
Computer Age Management Services Ltd.   338,997    9,071,130 
Container Corp. of India Ltd.   2,587,807    20,964,039 
Coromandel International Ltd.   916,876    10,630,492 
CreditAccess Grameen Ltd.(a)   502,005    7,482,249 
CRISIL Ltd.   172,710    7,924,286 
Crompton Greaves Consumer Electricals Ltd.   5,369,070    17,816,135 
Cummins India Ltd.   1,297,958    27,572,346 
Cyient Ltd.   912,373    14,301,607 
Dabur India Ltd.   6,013,560    40,329,520 
Dalmia Bharat Ltd.   738,111    18,992,541 
Deepak Fertilisers & Petrochemicals Corp. Ltd.   729,762    4,703,225 
Deepak Nitrite Ltd.   680,353    17,034,958 
Delhivery Ltd.(a)   1,997,393    8,424,062 
Devyani International Ltd.(a)   3,168,702    7,059,073 
Dhani Services Ltd.(a)   1,140,085    478,421 
Dilip Buildcon Ltd.(b)   7,108    18,280 
Divi’s Laboratories Ltd.   1,140,807    47,447,321 
Dixon Technologies India Ltd.   308,486    14,445,767 
DLF Ltd.   6,061,169    34,742,845 
Dr Lal PathLabs Ltd.(b)   326,913    8,019,132 
Dr. Reddy’s Laboratories Ltd.   1,004,415    54,743,815 
Easy Trip Planners Ltd., NVS(a)   5,285,694    2,933,016 
Edelweiss Financial Services Ltd.   5,271,636    4,302,860 
Eicher Motors Ltd.   1,304,479    57,835,399 
EID Parry India Ltd.   785,067    4,464,919 
EIH Ltd.(a)   1,945,487    4,902,453 
Elgi Equipments Ltd.   1,791,130    11,553,860 
Emami Ltd.   1,959,269    9,268,889 
Embassy Office Parks REIT   5,247,274    19,534,278 
Endurance Technologies Ltd.(b)   358,449    6,209,872 
Engineers India Ltd.   4,616,172    6,179,789 
Escorts Kubota Ltd.   407,426    10,700,227 
Exide Industries Ltd.(a)   4,998,960    12,747,684 
Federal Bank Ltd.   15,900,350    24,033,924 
Fine Organic Industries Ltd.   89,640    4,867,402 
Finolex Cables Ltd.   936,899    9,054,083 
Finolex Industries Ltd.   2,684,699    5,766,163 
Firstsource Solutions Ltd.   4,227,754    6,866,597 
Fortis Healthcare Ltd.(a)   4,640,496    15,367,519 

10

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
GAIL India Ltd.   22,978,831   $29,088,435 
GHCL Ltd.   733,469    4,289,285 
GHCL Textiles Ltd.   733,469    389,998 
GlaxoSmithKline Pharmaceuticals Ltd.   339,417    5,356,471 
Glenmark Pharmaceuticals Ltd.   1,638,941    11,845,802 
GMM Pfaudler Ltd.   322,177    5,715,613 
GMR Airports Infrastructure Ltd.(a)   22,988,752    11,242,962 
Godrej Consumer Products Ltd.(a)   3,769,322    48,180,816 
Godrej Industries Ltd.(a)   988,258    5,728,659 
Godrej Properties Ltd.(a)   1,176,744    19,749,596 
Granules India Ltd.   1,722,980    5,873,230 
Graphite India Ltd.   939,035    3,684,897 
Grasim Industries Ltd.   2,616,254    54,244,279 
Great Eastern Shipping Co. Ltd. (The)   1,087,288    9,022,744 
Grindwell Norton Ltd.   432,098    10,885,753 
Gujarat Fluorochemicals Ltd.   295,321    12,158,114 
Gujarat Gas Ltd.   1,724,890    10,545,936 
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.   962,122    6,832,820 
Gujarat Pipavav Port Ltd.   3,936,868    5,113,479 
Gujarat State Fertilizers & Chemicals Ltd.   2,482,799    4,718,395 
Gujarat State Petronet Ltd.   2,576,828    9,348,856 
Happiest Minds Technologies Ltd.   873,882    9,701,673 
Havells India Ltd.   2,486,181    39,249,937 
HCL Technologies Ltd.   8,797,032    121,533,098 
HDFC Life Insurance Co. Ltd.(b)   8,967,298    64,080,682 
Hero MotoCorp Ltd.   1,054,453    35,138,839 
HFCL Ltd.   8,522,666    6,652,997 
Hindalco Industries Ltd.   11,925,039    58,387,732 
Hindustan Aeronautics Ltd.   609,521    22,964,630 
Hindustan Petroleum Corp. Ltd.   5,868,326    18,496,346 
Hindustan Unilever Ltd.   7,544,614    243,135,344 
Hitachi Energy India Ltd.   113,082    5,254,051 
Housing Development Finance Corp. Ltd.   15,824,630    504,263,944 
ICICI Bank Ltd.   47,303,104    540,941,590 
ICICI Lombard General Insurance Co. Ltd.(b)   2,226,438    31,762,022 
ICICI Prudential Life Insurance Co. Ltd.(b)   3,291,728    18,516,647 
ICICI Securities Ltd.(b)   853,788    5,114,377 
IDFC First Bank Ltd.(a)   31,078,823    26,855,403 
IDFC Ltd.   11,841,865    14,171,984 
IIFL Finance Ltd.   1,290,927    6,943,932 
India Cements Ltd. (The)   2,421,051    5,912,206 
Indiabulls Housing Finance Ltd.(a)   3,308,188    4,596,437 
Indiabulls Real Estate Ltd.(a)   4,998,545    4,056,162 
IndiaMART Intermesh Ltd.(b)   161,273    10,866,580 
Indian Bank   2,607,264    8,491,037 
Indian Energy Exchange Ltd.(b)   5,025,204    9,280,893 
Indian Hotels Co. Ltd. (The)   7,932,267    37,320,551 
Indian Oil Corp. Ltd.   26,759,203    29,092,653 
Indian Railway Catering & Tourism Corp. Ltd.   2,452,282    19,223,731 
Indraprastha Gas Ltd.   2,922,348    16,954,048 
Info Edge India Ltd.   699,946    34,399,724 
Infosys Ltd.   30,142,675    479,178,991 
Intellect Design Arena Ltd.   985,236    6,965,705 
InterGlobe Aviation Ltd.(a)(b)   1,217,141    34,892,115 
Ipca Laboratories Ltd.   1,241,881    10,512,153 
IRB Infrastructure Developers Ltd., NVS   16,134,959    5,565,664 
ITC Ltd.   27,493,984    147,885,389 
Jindal Stainless Ltd.   3,369,538    11,946,404 
Jindal Steel & Power Ltd.   3,348,194    20,916,218 
Security  Shares   Value 
         
India (continued)          
JK Cement Ltd.   327,917   $12,709,266 
JK Paper Ltd.   985,690    3,912,360 
JM Financial Ltd.   4,218,519    3,574,378 
JSW Steel Ltd.   6,298,362    52,964,803 
Jubilant Foodworks Ltd.   3,880,255    22,627,333 
Jubilant Ingrevia Ltd.   800,240    3,791,281 
Jubilant Pharmova Ltd.   733,918    2,924,717 
Just Dial Ltd.(a)   343,579    2,895,548 
Jyothy Labs Ltd.   1,781,560    4,503,459 
Kajaria Ceramics Ltd.   886,128    13,677,260 
Kansai Nerolac Paints Ltd.   1,298,078    6,910,740 
Karur Vysya Bank Ltd. (The)   5,144,291    6,581,894 
Kaveri Seed Co. Ltd.   347,151    2,107,645 
KEC International Ltd.   1,269,807    8,009,360 
KEI Industries Ltd.   526,127    12,683,509 
Kotak Mahindra Bank Ltd.   9,851,721    239,316,294 
KPIT Technologies Ltd.   1,615,987    20,727,358 
KPR Mill Ltd.   937,295    6,496,804 
Krishna Institute Of Medical Sciences Ltd.(a)(b)   309,452    6,073,431 
L&T Finance Holdings Ltd.   8,378,660    10,532,364 
Lakshmi Machine Works Ltd.   51,880    7,180,449 
Larsen & Toubro Infotech Ltd.(b)   828,119    49,902,349 
Larsen & Toubro Ltd.   6,346,231    168,902,546 
Laurus Labs Ltd.(b)   3,215,844    12,848,089 
Lemon Tree Hotels Ltd.(a)(b)   5,554,974    6,433,932 
LIC Housing Finance Ltd.   2,901,099    13,029,677 
Linde India Ltd.   217,956    10,410,316 
Lupin Ltd.   1,786,464    17,350,307 
Mahanagar Gas Ltd.   768,656    9,817,161 
Mahindra & Mahindra Financial Services Ltd.   5,396,141    18,514,229 
Mahindra & Mahindra Ltd.   8,432,633    134,273,554 
Mahindra CIE Automotive Ltd.   1,288,910    7,067,956 
Mahindra Lifespace Developers Ltd.   801,531    4,356,109 
Manappuram Finance Ltd.   5,724,951    7,618,773 
Marico Ltd.   5,161,983    33,849,711 
Maruti Suzuki India Ltd.   1,206,356    136,451,100 
Mastek Ltd.   191,393    4,749,710 
Max Financial Services Ltd.(a)   2,135,302    18,216,599 
Max Healthcare Institute Ltd.(a)   7,363,574    48,835,228 
Medplus Health Services Ltd.(a)   295,938    2,901,125 
Metropolis Healthcare Ltd.(b)   288,145    4,532,946 
Mindspace Business Parks REIT(b)   1,737,963    6,414,302 
Motherson Sumi Wiring India Ltd.   21,481,421    14,999,361 
Motilal Oswal Financial Services Ltd.   403,636    3,106,308 
Mphasis Ltd.   803,584    18,870,861 
MRF Ltd.   18,438    21,645,448 
Multi Commodity Exchange of India Ltd.   224,717    3,947,282 
Muthoot Finance Ltd.   1,182,804    15,932,295 
Narayana Hrudayalaya Ltd.   806,394    8,695,757 
Natco Pharma Ltd.   1,026,977    7,681,066 
National Aluminium Co. Ltd.   10,420,545    10,537,979 
Navin Fluorine International Ltd.   332,947    18,760,490 
Nestle India Ltd.   317,112    83,030,540 
NIIT Ltd.(a)   825,525    3,988,394 
Nippon Life India Asset Management Ltd.(b)   1,705,496    5,144,843 
NTPC Ltd.   38,111,616    79,925,640 
Nuvoco Vistas Corp. Ltd.(a)   1,083,036    4,423,520 
Oberoi Realty Ltd.   1,052,086    11,820,501 
Oil & Natural Gas Corp. Ltd.   26,692,879    49,915,748 
Oil India Ltd.   3,028,529    9,409,378 

11

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
Oracle Financial Services Software Ltd.   194,930   $8,552,183 
Orient Electric Ltd.   1,265,892    3,650,955 
Page Industries Ltd.   55,570    26,020,723 
PB Fintech Ltd.(a)   1,909,519    13,962,067 
Persistent Systems Ltd.   489,132    30,299,111 
Petronet LNG Ltd.   6,985,859    19,044,376 
Phoenix Mills Ltd. (The)   897,989    15,912,579 
PI Industries Ltd.   772,811    33,766,925 
Pidilite Industries Ltd.   1,531,082    48,219,303 
Piramal Enterprises Ltd.   1,086,747    10,120,526 
Piramal Pharma Ltd., NVS(a)   5,006,128    4,918,674 
PNB Housing Finance Ltd.(a)(b)   1,034,733    6,311,553 
Polycab India Ltd.   5,978    247,105 
Polyplex Corporation Ltd.   188,834    3,093,316 
Poonawalla Fincorp Ltd.   2,298,012    9,584,614 
Power Grid Corp. of India Ltd.   29,821,036    84,216,366 
Praj Industries Ltd.   1,521,755    7,231,521 
Prestige Estates Projects Ltd.   1,722,588    10,050,235 
Procter & Gamble Health Ltd.   69,697    4,409,731 
PVR Inox Ltd.(a)   713,000    12,184,680 
Quess Corp. Ltd.(b)   886,431    4,343,666 
Radico Khaitan Ltd.   811,380    11,456,355 
Rail Vikas Nigam Ltd.   2,525,626    3,663,340 
Rain Industries Ltd.   2,090,918    3,850,275 
Rajesh Exports Ltd.   728,443    4,888,573 
Rallis India Ltd.   1,115,240    2,555,412 
Ramco Cements Ltd. (The)   1,174,316    12,813,181 
Raymond Ltd.   382,881    7,232,382 
RBL Bank Ltd.(a)(b)   5,109,696    9,994,637 
REC Ltd.   10,709,179    18,304,070 
Redington Ltd.   5,568,072    11,710,856 
Relaxo Footwears Ltd.   658,062    7,166,197 
Reliance Industries Ltd.   27,663,839    824,793,392 
Reliance Power Ltd.(a)   23,235,009    3,628,429 
Route Mobile Ltd.   425,749    7,378,837 
Samvardhana Motherson International Ltd.   20,838,272    19,880,800 
Sanofi India Ltd.   96,503    7,920,687 
Sarda Energy & Minerals Ltd.   23,559    332,420 
Saregama India Ltd.   669,478    2,622,940 
SBI Cards & Payment Services Ltd.   2,378,758    26,339,316 
SBI Life Insurance Co. Ltd.(b)   4,355,805    64,930,433 
Sheela Foam Ltd.(a)   296,990    3,620,036 
Shree Cement Ltd.   98,358    29,888,094 
Shree Renuka Sugars Ltd.(a)   7,398,738    3,744,998 
Shriram Transport Finance Co. Ltd.   2,139,280    36,152,218 
Siemens Ltd.   779,347    33,409,537 
SKF India Ltd.   141,642    7,555,188 
Solar Industries India Ltd.   265,448    12,025,756 
Sona Blw Precision Forgings Ltd.(b)   2,003,270    13,113,090 
Sonata Software Ltd.   887,340    10,409,444 
Spandana Sphoorty Financial Ltd.(a)   100,686    873,058 
SRF Ltd.   1,436,028    43,674,555 
State Bank of India   16,959,232    118,599,594 
Sterlite Technologies Ltd.   2,037,684    3,661,795 
Strides Pharma Science Ltd.(a)   728,713    3,164,269 
Sumitomo Chemical India Ltd.   959,224    4,615,739 
Sun Pharma Advanced Research Co. Ltd.(a)   1,407,885    3,218,966 
Sun Pharmaceutical Industries Ltd.   8,694,669    102,517,057 
Sun TV Network Ltd.   914,152    4,902,953 
Sundram Fasteners Ltd.   829,979    11,309,772 
Security  Shares   Value 
         
India (continued)          
Sunteck Realty Ltd.   646,819   $2,197,033 
Supreme Industries Ltd.   634,169    21,159,013 
Suven Pharmaceuticals Ltd.   1,325,440    7,640,062 
Suzlon Energy Ltd.(a)   69,294,517    9,820,986 
Symphony Ltd.   217,725    2,230,274 
Syngene International Ltd.(b)   1,281,180    11,218,785 
Tanla Platforms Ltd.   716,988    6,815,839 
Tata Chemicals Ltd.   1,337,141    15,667,039 
Tata Communications Ltd.   1,033,932    16,203,648 
Tata Consultancy Services Ltd.   8,296,446    329,360,736 
Tata Consumer Products Ltd.   5,240,714    50,554,858 
Tata Elxsi Ltd.   329,505    29,509,635 
Tata Motors Ltd.(a)   15,452,226    98,135,660 
Tata Power Co. Ltd. (The)   13,907,296    35,830,216 
Tata Steel Ltd.   68,873,467    88,011,015 
Tata Teleservices Maharashtra Ltd.(a)   4,720,194    3,501,185 
TeamLease Services Ltd.(a)   121,289    3,256,153 
Tech Mahindra Ltd.   5,124,490    68,958,753 
Tejas Networks Ltd.(a)(b)   795,836    6,694,526 
Thermax Ltd.   439,727    12,401,031 
Timken India Ltd.   209,725    8,366,882 
Titan Co. Ltd.   3,324,614    113,338,599 
Torrent Pharmaceuticals Ltd.   930,568    20,625,571 
Torrent Power Ltd.   1,647,735    10,973,064 
Trent Ltd.   1,838,695    34,645,291 
Trident Ltd.   13,154,548    5,182,506 
TTK Prestige Ltd.   635,480    5,273,836 
Tube Investments of India Ltd.   1,012,449    35,007,152 
TV18 Broadcast Ltd.(a)   5,581,274    2,364,903 
TVS Motor Co. Ltd.   2,215,436    34,840,871 
UltraTech Cement Ltd.   991,835    94,188,722 
United Spirits Ltd.(a)   2,900,532    30,929,150 
UNO Minda Ltd.   1,506,129    10,106,943 
UPL Ltd.   4,624,318    38,242,235 
UTI Asset Management Co. Ltd.   446,234    3,817,344 
Vardhman Textiles Ltd.(a)   1,265,063    4,916,826 
Varun Beverages Ltd.   2,348,582    48,045,490 
Vedanta Ltd.   7,407,696    24,881,879 
V-Guard Industries Ltd.   2,002,984    6,078,542 
Vinati Organics Ltd.   306,751    6,742,014 
VIP Industries Ltd.   606,212    4,438,820 
V-Mart Retail Ltd.   120,389    2,956,048 
Vodafone Idea Ltd.(a)   101,251,699    8,800,005 
Voltas Ltd.   1,928,338    19,117,451 
Welspun Corp. Ltd.   1,335,022    4,069,760 
Welspun India Ltd.   2,889,769    3,216,152 
Westlife Development Ltd.(a)   576,288    5,368,337 
Whirlpool of India Ltd.   385,923    6,648,999 
Wipro Ltd.   12,559,131    61,309,679 
Yes Bank Ltd.(a)   114,898,556    22,472,896 
Zee Entertainment Enterprises Ltd.   7,891,205    18,568,799 
Zensar Technologies Ltd.   1,281,274    5,713,778 
Zomato Ltd.(a)   36,534,472    30,435,574 
         10,648,463,928 
Indonesia — 2.1%          
Ace Hardware Indonesia Tbk PT   72,922,300    3,063,195 
Adaro Energy Indonesia Tbk PT   136,083,000    18,492,281 
AKR Corporindo Tbk PT   114,876,300    10,454,545 
Aneka Tambang Tbk   76,621,843    9,678,611 
Astra Agro Lestari Tbk PT   6,269,800    2,947,796 

12

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Indonesia (continued)          
Astra International Tbk PT   185,251,800   $79,588,181 
Astrindo Nusantara Infrastructure Tbk PT(a)   460,518,900    4,331,765 
Bank Aladin Syariah Tbk PT(a)   47,302,900    4,054,985 
Bank BTPN Syariah Tbk PT   27,780,200    3,522,969 
Bank Central Asia Tbk PT   505,897,100    305,272,129 
Bank Mandiri Persero Tbk PT   346,203,000    116,823,460 
Bank Negara Indonesia Persero Tbk PT   69,471,400    41,906,261 
Bank Neo Commerce Tbk PT(a)   50,186,994    1,505,832 
Bank Pembangunan Daerah Jawa Barat Dan          
Banten Tbk PT   24,127,519    1,955,633 
Bank Rakyat Indonesia Persero Tbk PT   624,208,495    231,948,429 
Bank Tabungan Negara Persero Tbk PT   53,692,376    4,582,761 
Barito Pacific Tbk PT   266,734,815    13,517,399 
Berkah Beton Sadaya Tbk PT   179,871,000    3,311,834 
BFI Finance Indonesia Tbk PT   79,950,300    6,955,368 
Bukalapak.com PT Tbk(a)   566,420,300    7,994,430 
Bukit Asam Tbk PT   40,443,300    8,250,208 
Bumi Resources Minerals Tbk PT(a)   451,562,900    3,492,459 
Bumi Resources Tbk PT(a)   628,758,750    4,026,740 
Bumi Serpong Damai Tbk PT(a)   94,747,300    6,636,735 
Charoen Pokphand Indonesia Tbk PT   71,437,300    23,590,649 
Ciputra Development Tbk PT   100,865,927    7,199,903 
Digital Mediatama Maxima Tbk PT(a)   26,859,600    1,093,019 
GoTo Gojek Tokopedia Tbk PT(a)   6,899,113,400    67,540,317 
Hanson International Tbk PT(a)(d)   783,666,700    1 
Harum Energy Tbk PT   29,935,000    2,812,163 
Indah Kiat Pulp & Paper Tbk PT   26,122,200    12,012,769 
Indika Energy Tbk PT   15,660,400    1,790,373 
Indo Tambangraya Megah Tbk PT   3,774,600    5,565,305 
Indocement Tunggal Prakarsa Tbk PT   14,681,100    9,684,432 
Indofood CBP Sukses Makmur Tbk PT   21,098,500    16,460,003 
Indofood Sukses Makmur Tbk PT   38,728,000    18,339,373 
Industri Jamu Dan Farmasi Sido Muncul Tbk PT   26,327,900    1,273,364 
Inti Agri Resources Tbk PT(a)(d)   291,349,000     
Japfa Comfeed Indonesia Tbk PT   56,584,500    4,509,977 
Jasa Marga Persero Tbk PT   22,957,380    5,096,955 
Kalbe Farma Tbk PT   194,760,000    26,376,633 
Matahari Department Store Tbk PT   9,589,800    2,367,062 
Medco Energi Internasional Tbk PT   106,483,180    6,416,537 
Media Nusantara Citra Tbk PT(a)   66,856,700    2,852,703 
Medikaloka Hermina Tbk PT   42,378,200    3,717,634 
Merdeka Copper Gold Tbk PT(a)   114,268,885    22,852,077 
Metro Healthcare Indonesia TBK PT(a)   231,661,700    7,478,501 
Mitra Adiperkasa Tbk PT(a)   106,960,200    12,658,283 
Pabrik Kertas Tjiwi Kimia Tbk PT   15,057,900    5,748,218 
Pakuwon Jati Tbk PT   204,533,100    6,380,977 
Panin Financial Tbk PT   191,640,800    3,271,546 
Perusahaan Gas Negara Tbk PT   99,087,000    9,441,791 
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT   37,122,700    2,376,401 
Pool Advista Indonesia Tbk PT(a)(d)   12,679,400     
PP Persero Tbk PT(a)   38,899,450    1,322,044 
Sarana Menara Nusantara Tbk PT   213,786,700    14,113,786 
Semen Indonesia Persero Tbk PT   30,644,709    11,844,884 
Smartfren Telecom Tbk PT(a)   973,681,800    3,897,119 
Sugih Energy Tbk PT(a)(d)   27,492,211     
Sumber Alfaria Trijaya Tbk PT   152,114,200    26,778,975 
Summarecon Agung Tbk PT   133,199,141    5,685,067 
Surya Citra Media Tbk PT   260,318,700    2,396,530 
Surya Esa Perkasa Tbk PT   78,698,100    2,561,159 
Security  Shares   Value 
         
Indonesia (continued)          
Telkom Indonesia Persero Tbk PT   448,662,100   $121,132,246 
Temas Tbk PT   24,499,000    470,695 
Trada Alam Minera Tbk PT(a)(d)   280,960,700     
Transcoal Pacific Tbk PT   11,086,800    5,103,330 
Unilever Indonesia Tbk PT   67,666,500    20,442,249 
United Tractors Tbk PT   15,462,500    22,958,201 
Vale Indonesia Tbk PT   20,781,900    8,724,150 
Waskita Karya Persero Tbk PT(a)(d)   135,029,644    1,819,612 
Wijaya Karya Persero Tbk PT(a)   43,583,823    1,063,104 
XL Axiata Tbk PT   42,197,600    5,581,532 
         1,439,115,655 
Kuwait — 0.9%          
Agility Public Warehousing Co. KSC   14,035,015    27,842,723 
Al Ahli Bank of Kuwait KSCP   5,857,937    5,820,014 
Boubyan Bank KSCP   14,054,935    27,392,385 
Boubyan Petrochemicals Co. KSCP   4,325,277    11,322,845 
Gulf Bank KSCP   15,336,479    12,757,078 
Gulf Cable & Electrical Industries Co. KSCP   1,031,360    3,852,810 
Humansoft Holding Co. KSC   868,603    9,751,925 
Jazeera Airways Co. KSCP   927,960    5,732,804 
Kuwait Finance House KSCP   75,690,165    173,847,179 
Kuwait International Bank KSCP   12,726,054    6,739,822 
Kuwait Projects Co. Holding KSCP(a)   20,435,018    8,094,473 
Mabanee Co. KPSC   6,346,241    15,280,729 
Mobile Telecommunications Co. KSCP   20,077,056    33,926,406 
National Bank of Kuwait SAKP   68,713,044    205,468,200 
National Industries Group Holding SAK   21,326,619    13,433,794 
National Investments Co. KSCP   3,744,506    2,309,638 
National Real Estate Co. KPSC(a)   9,605,637    2,465,108 
Salhia Real Estate Co. KSCP   4,543,484    7,659,083 
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC   6,406,756    3,832,492 
Warba Bank KSCP   13,020,526    8,970,679 
         586,500,187 
Malaysia — 1.6%          
AEON Credit Service M Bhd(c)   2,549,700    6,295,592 
AFFIN Bank Bhd   3,135,300    1,344,575 
Alliance Bank Malaysia Bhd   8,652,000    6,466,147 
AMMB Holdings Bhd   15,402,500    12,141,448 
Axiata Group Bhd   25,582,400    15,396,974 
Bermaz Auto Bhd   11,051,500    5,195,917 
British American Tobacco Malaysia Bhd   1,573,000    3,493,978 
Bursa Malaysia Bhd   6,103,600    8,197,250 
Carlsberg Brewery Malaysia Bhd(c)   1,877,600    8,409,980 
CIMB Group Holdings Bhd   60,191,500    62,832,323 
CTOS Digital Bhd(c)   14,725,500    4,271,534 
D&O Green Technologies Bhd(c)   6,347,700    5,000,226 
Dagang NeXchange Bhd(c)   26,782,500    2,432,777 
Dialog Group Bhd   32,912,196    15,389,644 
DiGi.Com Bhd   31,898,500    30,891,930 
DRB-Hicom Bhd   10,557,800    3,016,845 
Fraser & Neave Holdings Bhd   1,493,000    8,181,370 
Frontken Corp. Bhd(c)   13,086,000    8,807,863 
Gamuda Bhd   17,311,200    16,653,573 
Gas Malaysia Bhd   1,193,100    800,780 
Genting Bhd   19,254,800    17,507,041 
Genting Malaysia Bhd   28,077,700    15,260,715 
Genting Plantations Bhd   5,057,800    6,574,976 
Greatech Technology Bhd(a)(c)   4,575,300    4,088,342 
HAP Seng Consolidated Bhd   565,700    443,705 

13

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Malaysia (continued)          
Hartalega Holdings Bhd(c)   15,723,800   $7,819,122 
Heineken Malaysia Bhd   1,380,800    7,939,862 
Hibiscus Petroleum Bhd(c)   16,696,100    3,285,010 
Hong Leong Bank Bhd   5,896,900    24,739,190 
Hong Leong Financial Group Bhd   2,626,900    9,857,634 
IGB Real Estate Investment Trust   287,600    97,778 
IHH Healthcare Bhd   16,515,500    20,645,184 
IJM Corp. Bhd   27,516,000    9,778,330 
Inari Amertron Bhd   26,183,900    14,273,445 
IOI Corp. Bhd   22,708,100    18,132,995 
Kossan Rubber Industries Bhd   12,682,200    4,067,077 
KPJ Healthcare Bhd   34,695,200    8,870,184 
Kuala Lumpur Kepong Bhd   3,974,500    17,970,910 
Lotte Chemical Titan Holding Bhd(b)(c)   5,547,500    1,429,566 
Magnum Bhd   11,622,386    2,543,302 
Malayan Banking Bhd   45,592,700    85,422,682 
Malaysia Airports Holdings Bhd   7,204,200    10,782,803 
Malaysia Building Society Bhd(c)   35,022,900    4,701,499 
Malaysian Pacific Industries Bhd(c)   957,000    5,587,623 
Malaysian Resources Corp. Bhd   32,636,900    2,118,178 
Maxis Bhd(c)   21,865,500    19,467,780 
Mega First Corp. Bhd(c)   8,189,900    5,859,538 
MISC Bhd   12,131,200    19,172,182 
MR DIY Group M Bhd(b)   24,350,050    8,278,706 
My EG Services Bhd   58,119,000    10,568,403 
Nationgate Holdings Bhd   2,855,000    765,389 
Nestle Malaysia Bhd   573,400    16,647,297 
Padini Holdings Bhd   4,020,000    3,240,039 
Pentamaster Corp. Bhd(c)   7,218,800    7,798,259 
Petronas Chemicals Group Bhd   23,682,600    33,617,547 
Petronas Dagangan Bhd   2,789,800    12,765,806 
Petronas Gas Bhd   7,077,400    25,669,088 
PPB Group Bhd   6,483,520    22,840,870 
Press Metal Aluminium Holdings Bhd   32,939,600    32,861,881 
Public Bank Bhd   130,399,300    107,606,615 
QL Resources Bhd   11,598,343    13,946,659 
RHB Bank Bhd   11,971,366    13,874,643 
Sam Engineering & Equipment M Bhd   950,900    962,214 
Scientex Bhd   8,883,800    6,389,921 
Sime Darby Bhd   24,679,400    11,057,949 
Sime Darby Plantation Bhd   18,563,500    16,936,854 
Sime Darby Property Bhd   38,462,500    3,871,325 
SKP Resources Bhd(c)   12,008,325    2,653,264 
SP Setia Bhd Group   21,491,500    2,465,541 
Sports Toto Bhd(c)   8,594,950    2,421,050 
Sunway REIT(c)   24,374,900    8,605,061 
Supermax Corp. Bhd(c)   16,154,527    3,373,659 
Telekom Malaysia Bhd   10,274,400    11,339,316 
Tenaga Nasional Bhd   24,235,300    49,917,955 
TIME dotCom Bhd(c)   12,736,900    14,807,497 
Top Glove Corp. Bhd(a)(c)   45,418,400    11,201,464 
Tropicana Corp. Bhd(a)   1,357,400    402,606 
UMW Holdings Bhd(c)   3,616,500    3,016,688 
UWC Bhd(c)   4,783,800    3,091,304 
ViTrox Corp. Bhd   3,724,800    6,291,739 
VS Industry Bhd(c)   33,549,550    5,813,889 
Yinson Holdings Bhd   16,771,160    9,447,517 
YTL Corp. Bhd   19,524,600    4,101,372 
YTL Power International Bhd   13,065,000    3,847,354 
         1,066,154,120 
Security  Shares   Value 
         
Mexico — 2.7%          
Alfa SAB de CV, Class A   25,625,700   $15,689,204 
Alsea SAB de CV(a)   5,303,395    15,383,413 
America Movil SAB de CV, Series B, NVS   280,117,872    298,978,202 
Arca Continental SAB de CV   4,052,379    40,968,225 
Banco del Bajio SA(b)   7,454,297    23,350,251 
Bolsa Mexicana de Valores SAB de CV   4,028,978    8,502,558 
Cemex SAB de CV, NVS(a)   140,938,883    84,775,268 
Coca-Cola Femsa SAB de CV   4,398,400    36,126,606 
Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)   7,736,759    10,671,995 
Corp Inmobiliaria Vesta SAB de CV   5,492,300    17,424,833 
FIBRA Macquarie Mexico(b)   10,155,200    17,228,648 
Fibra Uno Administracion SA de CV   29,437,400    42,735,736 
Fomento Economico Mexicano SAB de CV   17,660,962    177,837,670 
GCC SAB de CV   1,711,257    13,088,132 
Genomma Lab Internacional SAB de CV, Class B   8,986,324    7,544,062 
Gentera SAB de CV   11,075,092    11,902,171 
Gruma SAB de CV, Class B   1,859,575    28,581,675 
Grupo Aeroportuario del Centro Norte SAB de CV   2,660,873    27,557,914 
Grupo Aeroportuario del Pacifico SAB de CV, Class B   3,425,388    60,605,104 
Grupo Aeroportuario del Sureste SAB de CV, Class B   1,829,135    51,231,084 
Grupo Bimbo SAB de CV, Series A   12,903,702    68,979,256 
Grupo Carso SAB de CV, Series A1(c)   4,707,736    28,005,826 
Grupo Financiero Banorte SAB de CV, Class O   23,792,478    190,713,746 
Grupo Financiero Inbursa SAB de CV, Class O(a)(c)   20,500,242    45,534,203 
Grupo Herdez SAB de CV(c)   2,455,100    6,130,463 
Grupo Mexico SAB de CV, Series B   28,420,420    126,139,814 
Grupo Televisa SAB, CPO   21,759,756    20,838,389 
Industrias Penoles SAB de CV(a)(c)   1,548,625    23,697,316 
Kimberly-Clark de Mexico SAB de CV, Class A   13,418,675    27,294,020 
La Comer SAB de CV(c)   5,545,896    12,001,634 
Nemak SAB de CV(a)(b)   15,786,924    3,694,831 
Operadora De Sites Mexicanos SAB de CV, Class A-1(c)   12,782,795    11,273,198 
Orbia Advance Corp. SAB de CV   9,245,783    19,193,010 
PLA Administradora Industrial S. de RL de CV(c)   8,557,849    15,563,684 
Prologis Property Mexico SA de CV   5,125,049    17,270,856 
Promotora y Operadora de Infraestructura SAB de CV   1,837,055    17,738,086 
Qualitas Controladora SAB de CV   1,765,878    11,927,588 
Regional SAB de CV   2,166,147    16,853,797 
Sitios Latinoamerica SAB de CV(a)(c)   12,963,919    5,379,341 
Wal-Mart de Mexico SAB de CV   47,646,904    181,063,084 
         1,839,474,893 
Peru — 0.2%          
Cia. de Minas Buenaventura SAA, ADR   2,000,992    13,626,756 
Credicorp Ltd.   617,569    79,944,307 
Southern Copper Corp.   745,087    49,749,459 
         143,320,522 
Philippines — 0.7%          
Aboitiz Equity Ventures Inc.   16,628,360    16,112,453 
ACEN Corp.(a)   5,681,126    592,581 
Alliance Global Group Inc.   40,481,000    9,555,997 
Ayala Corp.   2,384,475    28,008,637 
Ayala Land Inc.   65,212,340    30,520,716 
Bank of the Philippine Islands   18,127,368    32,260,808 
BDO Unibank Inc.   22,388,385    54,247,194 
Bloomberry Resorts Corp.(a)   46,271,400    8,466,298 

14

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Philippines (continued)          
Cebu Air Inc.(a)   3,119,930   $2,319,460 
Converge Information and Communications  Technology Solutions Inc.(a)   20,748,100    4,018,924 
D&L Industries Inc.   35,359,400    4,375,852 
DMCI Holdings Inc.   37,884,500    6,383,411 
GT Capital Holdings Inc.   939,060    8,626,286 
International Container Terminal Services Inc.   9,215,300    32,000,193 
JG Summit Holdings Inc.   30,042,301    25,675,023 
Jollibee Foods Corp.   4,368,410    18,324,478 
Manila Electric Co.   1,988,280    11,566,627 
Manila Water Co. Inc.   13,016,200    4,181,130 
Megaworld Corp.   118,619,200    4,307,343 
Metro Pacific Investments Corp.   91,945,800    7,122,895 
Metropolitan Bank & Trust Co.   16,088,863    16,508,559 
MREIT Inc.   2,298,600    564,827 
PLDT Inc.   692,920    14,783,952 
Puregold Price Club Inc.   10,050,750    5,419,009 
Robinsons Land Corp.   23,749,713    5,876,377 
Security Bank Corp.   3,388,870    5,129,202 
Semirara Mining & Power Corp.   8,062,400    4,017,633 
SM Investments Corp.   2,309,472    38,191,343 
SM Prime Holdings Inc.   96,161,096    55,966,040 
Universal Robina Corp.   8,289,370    20,723,352 
Wilcon Depot Inc.   13,466,200    6,810,001 
         482,656,601 
Poland — 0.8%          
Alior Bank SA(a)   931,199    8,889,779 
Allegro.eu SA (a)(b)   3,681,450    30,940,403 
AmRest Holdings SE(a)   820,267    4,309,499 
Asseco Poland SA   606,050    11,792,136 
Bank Millennium SA(a)(c)   7,084,894    7,459,551 
Bank Polska Kasa Opieki SA   1,664,456    37,889,327 
Budimex SA   142,548    11,356,423 
CCC SA(a)(c)   430,388    4,648,033 
CD Projekt SA(c)   590,320    16,910,074 
Cyfrowy Polsat SA   2,123,532    7,752,845 
Dino Polska SA(a)(b)(c)   456,085    44,856,765 
Enea SA(a)   2,768,449    4,190,257 
Eurocash SA(a)   991,900    3,907,965 
Grupa Azoty SA(a)(c)   507,097    3,055,271 
Jastrzebska Spolka Weglowa SA(a)   547,061    4,972,489 
KGHM Polska Miedz SA   1,232,952    30,569,012 
KRUK SA   170,463    14,914,298 
LPP SA   10,398    29,520,607 
mBank SA(a)   148,575    12,392,600 
Orange Polska SA   5,766,967    9,840,910 
Pepco Group NV(a)   1,441,255    13,641,108 
PGE Polska Grupa Energetyczna SA(a)   8,000,321    12,690,145 
Polski Koncern Naftowy ORLEN SA   5,404,632    76,952,803 
Powszechna Kasa Oszczednosci Bank Polski SA   7,911,009    60,040,697 
Powszechny Zaklad Ubezpieczen SA   5,341,097    48,701,315 
Santander Bank Polska SA   332,545    26,501,358 
Tauron Polska Energia SA(a)   11,332,239    5,941,966 
Warsaw Stock Exchange(c)   466,895    4,199,531 
         548,837,167 
Qatar — 0.9%          
Al Meera Consumer Goods Co. QSC   1,375,210    5,337,763 
Baladna(a)   8,451,233    3,520,835 
Barwa Real Estate Co.   15,663,474    11,023,582 
Commercial Bank PSQC (The)   30,028,376    46,172,745 
Security  Shares   Value 
         
Qatar (continued)          
Doha Bank QPSC   14,966,454   $6,733,725 
Dukhan Bank   8,690,625    9,339,500 
Estithmar Holding QPSC(a)   7,890,225    4,911,047 
Gulf International Services QSC   9,170,753    4,747,671 
Industries Qatar QSC   14,377,015    47,281,436 
Masraf Al Rayan QSC   51,047,738    35,700,319 
Medicare Group   1,719,872    3,288,199 
Mesaieed Petrochemical Holding Co.   44,172,872    23,854,297 
Ooredoo QPSC   6,957,897    20,264,421 
Qatar Aluminum Manufacturing Co.   29,389,918    12,331,559 
Qatar Electricity & Water Co. QSC   4,718,711    22,149,316 
Qatar Fuel QSC   3,661,760    15,930,163 
Qatar Gas Transport Co. Ltd.   22,450,206    24,338,457 
Qatar Insurance Co. SAQ(a)   16,120,747    9,020,578 
Qatar International Islamic Bank QSC   9,256,928    25,353,900 
Qatar Islamic Bank SAQ   15,615,033    75,050,594 
Qatar National Bank QPSC   42,516,090    186,722,463 
Qatar National Cement Co. QSC   3,033,177    3,259,479 
Qatar Navigation QSC   3,970,276    11,103,930 
United Development Co. QSC   20,114,937    6,524,268 
Vodafone Qatar QSC   24,307,281    12,103,331 
         626,063,578 
Russia — 0.0%          
Aeroflot PJSC(a)(d)   12,448,217    1,526 
Alrosa PJSC(a)(d)   22,555,750    2,766 
Credit Bank of Moscow PJSC(a)(d)   131,641,331    16,142 
Detsky Mir PJSC(a)(b)(d)   5,639,776    692 
Federal Grid Co. Unified Energy System PJSC(a)(d)   2,175,770,000    267 
Gazprom PJSC(d)   101,307,770    12,423 
Globaltrans Investment PLC, GDR(a)(d)(e)   1,523,220    187 
Inter RAO UES PJSC(d)   270,997,905    33,231 
LSR Group PJSC(a)(d)   498,324    61 
LUKOIL PJSC(d)   3,545,225    435 
Magnit PJSC(a)(d)   582,606    71 
Magnit PJSC, GDR(d)(e)   2     
MMC Norilsk Nickel PJSC(d)   542,170    66 
Mobile TeleSystems PJSC(d)   7,617,292    934 
Moscow Exchange MICEX-RTS PJSC(a)(d)   12,320,031    1,511 
Novatek PJSC(d)   7,792,960    956 
Novolipetsk Steel PJSC(a)(d)   12,759,568    1,565 
OGK-2 PJSC(d)   319,608,000    39,192 
Ozon Holdings PLC, ADR(a)(d)   453,223    56 
PhosAgro PJSC(d)   409,067    50 
PhosAgro PJSC, GDR(a)(d)(e)   1     
PhosAgro PJSC, New(d)   7,905    79 
Polymetal International PLC(a)(d)   3,035,664    372 
Polyus PJSC(a)(d)   290,787    36 
Ros Agro PLC, GDR(a)(d)(e)   300,309    37 
Rosneft Oil Co. PJSC(d)   9,721,202    1,192 
Rostelecom PJSC(d)   8,098,021    993 
Sberbank of Russia PJSC(d)   91,862,230    11,264 
Segezha Group PJSC(b)(d)   34,454,100    4,225 
Severstal PAO(a)(d)   1,835,503    225 
Sistema PJSFC(a)(d)   30,748,700    3,770 
Sovcomflot PJSC(a)(d)   4,464,400    547 
Surgutneftegas PJSC(d)   60,550,132    7,425 
Tatneft PJSC(d)   11,775,415    1,444 
TCS Group Holding PLC, GDR(a)(d)(e)   1,042,828    128 
Unipro PJSC(a)(d)   160,829,082    19,721 

15

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Russia (continued)          
United Co. RUSAL International PJSC(a)(d)   26,465,860   $3,245 
VK Co. Ltd.(a)(d)   956,753    117 
VTB Bank PJSC(a)(d)   25,685,534,000    3,150 
X5 Retail Group NV, GDR(a)(d)   1,023,928    126 
Yandex NV, Class A(a)(d)   2,640,123    324 
         170,551 
Saudi Arabia — 4.1%          
Abdullah Al Othaim Markets Co.   431,566    15,640,924 
ACWA Power Co.   736,068    29,269,696 
Advanced Petrochemical Co.   1,245,784    14,491,913 
Al Hammadi Holding.   1,021,251    13,957,216 
Al Masane Al Kobra Mining Co.   367,674    7,632,635 
Al Moammar Information Systems Co.   173,927    6,352,206 
Al Rajhi Bank   17,917,064    337,551,075 
Aldrees Petroleum and Transport Services Co.   559,977    16,049,931 
Alinma Bank   9,152,169    79,610,448 
Almarai Co. JSC   2,275,086    33,200,376 
Alujain Corp.   557,570    6,079,927 
Arab National Bank   5,774,703    39,153,276 
Arabian Cement Co./Saudi Arabia   738,998    7,399,609 
Arabian Contracting Services Co.   215,249    8,205,164 
Arabian Internet & Communications Services Co.   247,818    19,414,997 
Arriyadh Development Co.   1,405,586    7,587,380 
Astra Industrial Group   382,719    7,367,045 
Bank AlBilad   4,543,686    45,062,309 
Bank Al-Jazira   3,673,047    17,175,181 
Banque Saudi Fransi   5,631,898    59,758,848 
Bupa Arabia for Cooperative Insurance Co.   745,591    33,395,352 
City Cement Co.   949,120    5,997,201 
Co. for Cooperative Insurance (The)(a)   614,832    18,654,122 
Dallah Healthcare Co.   334,430    14,506,504 
Dar Al Arkan Real Estate Development Co.(a)   4,845,779    19,905,703 
Dr Sulaiman Al Habib Medical Services Group Co.   800,908    57,026,341 
Eastern Province Cement Co.   667,283    7,824,066 
Elm Co.   226,068    27,041,310 
Emaar Economic City(a)   4,155,201    10,919,822 
Etihad Etisalat Co.   3,526,698    40,423,325 
Fawaz Abdulaziz Al Hokair & Co.(a)   525,621    2,201,832 
Herfy Food Services Co.   364,917    3,394,078 
Jarir Marketing Co.   5,395,440    25,313,298 
Leejam Sports Co. JSC   313,063    9,847,510 
Methanol Chemicals Co.(a)   464,110    3,143,338 
Middle East Healthcare Co.(a)   436,744    6,861,098 
Middle East Paper Co.   488,906    4,429,794 
Mobile Telecommunications Co.(a)   3,944,259    14,493,209 
Mouwasat Medical Services Co.   481,073    28,850,894 
Nahdi Medical Co.   402,787    18,273,002 
National Agriculture Development Co. (The)(a)   774,380    6,935,834 
National Gas & Industrialization Co.   415,271    6,781,799 
National Industrialization Co.(a)   3,154,425    12,336,863 
National Medical Care Co.   315,862    9,280,152 
Qassim Cement Co. (The)   547,614    10,716,345 
Rabigh Refining & Petrochemical Co.(a)   3,974,218    11,649,287 
Riyad Bank   12,959,185    113,124,681 
SABIC Agri-Nutrients Co.   2,051,595    68,275,510 
Sahara International Petrochemical Co.   3,470,023    32,869,814 
Saudi Airlines Catering Co.   589,652    13,738,311 
Saudi Arabian Mining Co.(a)   7,931,665    131,305,517 
Saudi Arabian Oil Co.(b)   23,978,325    201,267,839 
Saudi Aramco Base Oil Co.   307,479    10,984,906 
Security  Shares   Value 
         
Saudi Arabia (continued)          
Saudi Basic Industries Corp.   8,216,676   $193,066,610 
Saudi British Bank (The)   8,721,663    85,990,047 
Saudi Cement Co.   697,844    10,918,677 
Saudi Ceramic Co.   451,258    3,809,755 
Saudi Electricity Co.   7,653,716    44,030,117 
Saudi Ground Services Co.(a)   1,168,778    10,102,001 
Saudi Industrial Investment Group   2,952,603    19,376,768 
Saudi Investment Bank (The)   4,344,394    19,501,516 
Saudi Kayan Petrochemical Co.(a)   6,950,280    23,652,858 
Saudi National Bank (The)   26,938,771    264,946,231 
Saudi Pharmaceutical Industries & Medical Appliances Corp.(a)   830,686    8,416,261 
Saudi Real Estate Co.(a)   1,894,901    7,059,485 
Saudi Research & Media Group(a)   359,334    18,008,013 
Saudi Tadawul Group Holding Co.   441,475    18,849,492 
Saudi Telecom Co.   17,535,071    202,245,230 
Saudia Dairy & Foodstuff Co.   203,872    16,675,890 
Savola Group (The)   2,275,895    21,783,429 
Seera Group Holding(a)   2,025,875    13,842,918 
Southern Province Cement Co.   658,140    9,275,944 
Theeb Rent A Car Co.   279,703    5,657,887 
United Electronics Co.   539,082    10,420,029 
United International Transportation Co.   386,304    6,794,849 
Yamama Cement Co.   1,309,173    11,762,592 
Yanbu Cement Co.   998,660    10,899,826 
Yanbu National Petrochemical Co.   2,319,916    26,230,222 
         2,816,045,460 
South Africa — 3.0%          
Absa Group Ltd.   7,658,325    59,922,375 
Adcock Ingram Holdings Ltd.   783,297    2,025,897 
AECI Ltd.   1,363,884    5,814,858 
African Rainbow Minerals Ltd.   1,082,088    11,318,195 
Anglo American Platinum Ltd.   553,201    31,823,688 
AngloGold Ashanti Ltd.   3,824,408    93,106,214 
Aspen Pharmacare Holdings Ltd.   3,396,182    29,541,273 
Astral Foods Ltd.   500,608    3,613,644 
AVI Ltd.   2,471,187    7,782,587 
Barloworld Ltd.   1,581,177    6,673,118 
Bid Corp. Ltd.   3,093,346    65,888,368 
Bidvest Group Ltd. (The)   2,612,087    31,503,342 
Capitec Bank Holdings Ltd.   781,814    53,525,142 
Clicks Group Ltd.   2,264,523    26,930,239 
Coronation Fund Managers Ltd.   2,947,986    4,704,818 
DataTec Ltd.   2,136,141    4,119,807 
Dis-Chem Pharmacies Ltd.(b)   3,875,430    4,312,652 
Discovery Ltd.(a)   4,668,559    31,353,776 
DRDGOLD Ltd.   5,207,651    5,838,194 
Equites Property Fund Ltd.   7,590,508    4,619,263 
Exxaro Resources Ltd.   2,284,843    18,560,312 
FirstRand Ltd.   44,766,464    137,281,874 
Fortress REIT Ltd., Series A(a)   12,672,278    8,244,349 
Foschini Group Ltd. (The)   2,981,739    12,678,496 
Gold Fields Ltd.   8,159,679    123,712,750 
Grindrod Ltd.   2,733,478    1,251,768 
Growthpoint Properties Ltd.   33,737,570    20,000,872 
Harmony Gold Mining Co. Ltd.   5,201,157    24,608,397 
Impala Platinum Holdings Ltd.   7,853,454    63,055,521 
Investec Ltd.   2,840,419    14,309,590 
JSE Ltd.   1,074,575    4,967,390 
KAP Ltd.   29,987,035    3,376,036 

16

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Africa (continued)          
Kumba Iron Ore Ltd.   588,227   $12,933,163 
Life Healthcare Group Holdings Ltd.   12,477,108    11,832,490 
Momentum Metropolitan Holdings   10,482,267    8,983,851 
Motus Holdings Ltd.   1,545,055    7,090,309 
Mr. Price Group Ltd.   2,216,526    13,946,339 
MTN Group Ltd.   15,403,153    95,275,947 
MultiChoice Group   3,260,598    16,218,039 
Naspers Ltd., Class N   1,796,310    270,979,438 
Nedbank Group Ltd.   4,097,022    43,252,086 
NEPI Rockcastle NV   4,061,092    23,198,296 
Netcare Ltd.   10,270,856    7,146,302 
Ninety One Ltd.   2,119,322    4,294,801 
Northam Platinum Holdings Ltd.(a)   3,218,916    26,497,341 
Oceana Group Ltd.   799,025    2,930,890 
Old Mutual Ltd.   45,023,293    24,362,525 
Omnia Holdings Ltd.   1,392,363    4,040,368 
OUTsurance Group Ltd., NVS   6,652,867    10,678,326 
Pepkor Holdings Ltd.(b)   13,861,785    9,918,975 
Pick n Pay Stores Ltd.   3,247,566    5,209,281 
PSG Konsult Ltd.   5,541,414    3,226,139 
Redefine Properties Ltd.   57,839,574    9,139,980 
Reinet Investments SCA   1,329,450    26,294,035 
Remgro Ltd.   4,701,470    31,286,308 
Resilient REIT Ltd.   4,071,824    8,259,802 
Reunert Ltd.   1,949,664    5,545,821 
Royal Bafokeng Platinum Ltd.   937,257    6,464,251 
Sanlam Ltd.   16,166,944    42,551,602 
Santam Ltd.   225,361    2,992,419 
Sappi Ltd.(c)   5,215,272    11,542,033 
Sasol Ltd.   5,161,895    60,357,800 
Shoprite Holdings Ltd.   4,521,683    44,832,875 
Sibanye Stillwater Ltd.   25,534,211    45,115,739 
SPAR Group Ltd. (The)   1,585,742    8,514,418 
Standard Bank Group Ltd.   12,063,668    92,763,364 
Super Group Ltd./South Africa   4,302,761    6,657,483 
Telkom SA SOC Ltd.(a)   3,161,019    4,398,589 
Thungela Resources Ltd.   1,185,696    8,230,485 
Tiger Brands Ltd.   1,434,367    10,935,923 
Transaction Capital Ltd.   5,826,282    2,035,782 
Truworths International Ltd.   3,229,413    7,803,818 
Vodacom Group Ltd.   5,646,729    31,605,932 
Vukile Property Fund Ltd.   10,464,383    6,580,455 
Wilson Bayly Holmes-Ovcon Ltd.(a)   686,928    3,317,111 
Woolworths Holdings Ltd   9,098,940    27,485,036 
         2,023,190,772 
South Korea — 12.3%          
ABLBio Inc.(a)(c)   357,303    6,287,369 
Advanced Nano Products Co. Ltd.(c)   83,195    8,369,903 
AfreecaTV Co. Ltd.   89,111    5,042,701 
Ahnlab Inc.(c)   65,532    3,110,519 
Alteogen Inc.(a)   334,758    12,725,074 
Amorepacific Corp.(c)   259,192    20,392,710 
Amorepacific Group   261,145    5,713,646 
Ananti Inc.(a)(c)   919,904    4,252,791 
Asiana Airlines Inc.(a)   416,950    3,864,459 
BGF retail Co. Ltd.   72,846    10,461,269 
BH Co. Ltd.(c)   281,227    5,305,519 
Bioneer Corp.(a)(c)   222,693    8,972,805 
BNK Financial Group Inc.   2,078,354    10,503,883 
Boryung(c)   360,642    2,403,692 
Security  Shares   Value 
         
South Korea (continued)          
Bukwang Pharmaceutical Co. Ltd.(a)   453,585   $2,626,946 
Cellivery Therapeutics Inc.(a)(c)(d)   290,576    1,389,335 
Celltrion Healthcare Co. Ltd.   924,668    51,475,722 
Celltrion Inc.(c)   966,976    124,603,589 
Celltrion Pharm Inc.(a)(c)   166,693    10,686,764 
Chabiotech Co. Ltd.(a)(c)   591,952    6,803,850 
Cheil Worldwide Inc.   506,245    6,990,831 
Chong Kun Dang Pharmaceutical Corp.(c)   79,288    5,259,188 
Chunbo Co. Ltd.(c)   48,264    6,884,705 
CJ CGV Co. Ltd.(a)   270,370    3,172,845 
CJ CheilJedang Corp.   69,243    16,162,031 
CJ Corp.   119,192    7,951,065 
CJ ENM Co. Ltd.(a)   97,314    5,561,578 
CJ Logistics Corp.(c)   88,740    5,451,633 
Com2uSCorp.(c)   96,801    4,854,195 
Cosmax Inc.(a)(c)   92,996    5,564,603 
CosmoAM&T Co. Ltd.(a)(c)   211,663    28,417,735 
Cosmochemical Co. Ltd.(a)(c)   239,101    8,884,963 
Coway Co. Ltd.   454,762    16,495,868 
Creative & Innovative System(a)(c)   541,673    4,882,885 
CS Wind Corp.(c)   227,581    13,538,257 
Cuckoo Holdings Co. Ltd.   55,008    631,453 
Cuckoo Homesys Co. Ltd.   71,844    1,347,707 
Daeduck Electronics Co. Ltd./New(c)   379,687    7,244,115 
Daejoo Electronic Materials Co. Ltd.(c)   125,107    8,908,358 
Daesang Corp.(c)   272,140    3,821,587 
Daewoo Engineering & Construction Co. Ltd.(a)   1,921,669    6,208,549 
Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)(c)   414,766    8,860,632 
Daewoong Co. Ltd.(c)   204,307    2,254,530 
Daewoong Pharmaceutical Co. Ltd.   54,649    4,552,606 
Daishin Securities Co. Ltd.   438,296    4,436,983 
Danal Co. Ltd.(a)(c)   679,403    2,186,574 
Daou Technology Inc.   317,146    4,579,930 
Dawonsys Co. Ltd.(a)(c)   317,148    3,750,541 
DB HiTek Co. Ltd.(c)   303,939    13,784,917 
DB Insurance Co. Ltd.   424,553    23,697,910 
Dentium Co. Ltd.   66,213    7,905,616 
Devsisters Co. Ltd.(a)   78,695    2,929,921 
DGB Financial Group Inc.   1,451,000    7,661,636 
DL E&C Co. Ltd.   272,704    7,450,117 
DL Holdings Co. Ltd.(c)   118,334    4,078,587 
Dong-A Socio Holdings Co. Ltd.   42,147    2,647,828 
Dong-A ST Co. Ltd.(c)   81,626    3,368,975 
Dongjin Semichem Co. Ltd.   318,776    9,188,612 
DongKook Pharmaceutical Co. Ltd.(c)   316,106    3,697,924 
Dongkuk Steel Mill Co. Ltd.   700,251    6,006,263 
Dongsuh Companies Inc.   327,939    5,026,516 
Dongwon F&B Co. Ltd.   59,970    1,419,450 
Dongwon Industries Co. Ltd.   37,076    1,277,703 
Doosan Bobcat Inc.   472,428    19,004,381 
Doosan Co. Ltd.(c)   67,581    4,946,391 
Doosan Enerbility Co. Ltd.(a)(c)   3,940,836    47,639,039 
Doosan Fuel Cell Co. Ltd.(a)(c)   399,840    9,266,668 
DoubleUGames Co. Ltd.   109,395    3,662,140 
Douzone Bizon Co. Ltd.   212,463    4,967,615 
Duk San Neolux Co. Ltd.(a)(c)   138,908    4,788,662 
Echo Marketing Inc.   214,475    1,812,441 
Ecopro BM Co. Ltd.(c)   447,713    83,638,919 
Ecopro Co. Ltd.(c)   178,333    75,438,748 

17

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Ecopro HN Co. Ltd.(c)   130,243   $6,088,327 
E-MART Inc.   146,502    9,302,857 
Enchem Co. Ltd.(a)(c)   94,672    5,171,117 
Eo Technics Co. Ltd.(c)   99,781    6,937,985 
Eoflow Co. Ltd.(a)   137,689    2,966,966 
Eugene Technology Co. Ltd.(c)   192,362    4,494,806 
F&F Co. Ltd./New(c)   154,703    15,065,109 
Fila Holdings Corp.(c)   441,006    12,071,160 
Foosung Co. Ltd.(c)   534,158    5,487,862 
GC Cell Corp.(c)   117,005    4,078,690 
GemVax & Kael Co. Ltd.(a)(c)   368,906    4,369,161 
Geneone Life Science Inc.(a)   725,734    2,731,267 
Genexine Inc.(a)(c)   352,918    3,322,782 
Geolit Energy Co. Ltd.   66,950    593,710 
GOLFZON Co. Ltd.(c)   49,194    4,152,483 
Grand Korea Leisure Co. Ltd.(a)   425,555    6,257,616 
Green Cross Corp.   56,336    5,336,347 
Green Cross Holdings Corp.(c)   214,962    2,507,879 
GS Engineering & Construction Corp.(c)   412,905    6,444,932 
GS Holdings Corp.   357,325    10,367,019 
GS Retail Co. Ltd.   342,157    6,407,102 
HAESUNG DS Co. Ltd.   113,065    4,307,639 
Hana Financial Group Inc.   2,666,319    83,175,596 
Hana Materials Inc.(c)   72,233    2,503,933 
Hana Micron Inc.(c)   360,950    4,594,917 
Hana Tour Service Inc.(a)(c)   151,908    6,246,576 
Hanall Biopharma Co. Ltd.(a)(c)   354,475    5,884,835 
Handsome Co. Ltd.   147,060    2,559,236 
Hanil Cement Co. Ltd./New   273,202    2,646,976 
Hankook & Co. Co. Ltd.(c)   289,511    2,617,666 
Hankook Tire & Technology Co. Ltd.   657,003    17,060,639 
Hanmi Pharm Co. Ltd.   60,726    13,362,363 
Hanmi Semiconductor Co. Ltd.   439,341    8,754,569 
Hanon Systems   1,760,043    12,430,917 
Hansae Co. Ltd.   213,617    2,558,077 
Hansol Chemical Co. Ltd.(c)   83,403    14,535,522 
Hanssem Co. Ltd.(c)   99,718    3,415,735 
Hanwha Aerospace Co. Ltd.(c)   339,102    27,056,514 
Hanwha Corp.   349,287    8,023,303 
Hanwha Galleria Co. Ltd.(a)   1,270,024    1,581,729 
Hanwha Investment & Securities Co. Ltd.(a)   1,162,775    2,389,608 
Hanwha Life Insurance Co. Ltd.(a)(c)   3,382,005    6,428,520 
Hanwha Solutions Corp.(a)   936,163    31,511,932 
Hanwha Systems Co. Ltd.(c)   775,539    8,214,731 
HD Hyundai Co. Ltd.   409,912    17,641,483 
HD Hyundai Construction Equipment Co. Ltd.   147,277    6,621,488 
HD Hyundai Electric Co. Ltd.   227,853    8,380,346 
HD Hyundai Energy Solutions Co. Ltd.   63,296    1,959,436 
HD Hyundai Heavy Industries Co. Ltd.(a)(c)   174,683    15,267,953 
HD Hyundai Infracore Co. Ltd.(c)   1,196,184    8,564,236 
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.(a)   367,016    26,608,863 
HDC Hyundai Development Co-Engineering & Construction, Class E   418,182    3,946,556 
Helixmith Co. Ltd.(a)(c)   392,714    2,451,230 
Hite Jinro Co. Ltd.(c)   360,343    6,212,607 
HK inno N Corp.(c)   82,088    2,079,842 
HL Mando Co. Ltd.(c)   297,377    10,789,332 
HLB Inc.(a)(c)   1,039,026    28,967,819 
HLB Life Science Co. Ltd.(a)(c)   924,000    7,816,191 
Security  Shares   Value 
         
South Korea (continued)          
HMM Co. Ltd.(c)   2,273,291   $30,364,501 
Hotel Shilla Co. Ltd.   271,125    15,769,442 
HPSP Co. Ltd.   45,070    927,038 
Hugel Inc.(a)(c)   71,307    5,846,226 
Humasis Co. Ltd.(a)(c)   1,330,751    2,914,417 
Hwaseung Enterprise Co. Ltd.(c)   246,689    1,332,005 
HYBE Co. Ltd.(a)   171,954    35,439,368 
Hydro Lithium Inc.   47,118    1,237,191 
Hyosung Advanced Materials Corp.(c)   24,632    8,265,027 
Hyosung Corp.   102,166    5,024,357 
Hyosung TNC Corp.(c)   25,304    7,247,850 
Hyundai Autoever Corp.   83,951    7,959,817 
Hyundai Bioscience Co. Ltd.(a)(c)   363,825    6,061,970 
Hyundai Department Store Co. Ltd.   151,251    5,816,962 
Hyundai Elevator Co. Ltd.(c)   283,307    8,928,526 
Hyundai Engineering & Construction Co. Ltd.   688,580    19,839,538 
Hyundai Feed Inc.(a)   37,162    831,578 
Hyundai Glovis Co. Ltd.   168,065    21,381,750 
Hyundai Green Food, NVS(c)   266,692    2,365,014 
Hyundai Greenfood Co. Ltd.   249,440    677,840 
Hyundai Home Shopping Network Corp.   62,448    2,187,609 
Hyundai Marine & Fire Insurance Co. Ltd.   503,604    12,452,485 
Hyundai Mipo Dockyard Co. Ltd.(a)(c)   222,347    12,478,663 
Hyundai Mobis Co. Ltd.   552,600    92,765,648 
Hyundai Motor Co.   1,252,337    188,446,973 
Hyundai Rotem Co. Ltd.(a)   686,469    15,988,984 
Hyundai Steel Co.   774,143    19,007,363 
Hyundai Wia Corp.(c)   169,990    7,847,263 
Il Dong Pharmaceutical Co. Ltd.(a)   158,724    2,318,344 
Iljin Hysolus Co. Ltd.(a)(c)   91,760    2,120,690 
Industrial Bank of Korea   1,976,943    15,199,006 
Innocean Worldwide Inc.   98,990    2,911,272 
Innox Advanced Materials Co. Ltd.(c)   156,563    4,730,580 
Intellian Technologies Inc.(c)   70,496    3,600,621 
INTOPS Co. Ltd.(c)   116,356    3,096,967 
IS Dongseo Co. Ltd.(a)(c)   170,805    4,746,603 
ISU Chemical Co. Ltd.   158,837    3,216,800 
ISU Specialty Chemical   38,974    3,168,427 
ITM Semiconductor Co. Ltd.(a)(c)   98,718    1,839,361 
JB Financial Group Co. Ltd.(c)   1,341,760    8,583,928 
Jeju Air Co. Ltd.(a)   358,152    3,657,873 
Jusung Engineering Co. Ltd.(c)   389,601    4,900,322 
JW Pharmaceutical Corp.   207,305    3,613,249 
JYP Entertainment Corp.   284,825    26,143,735 
Kakao Corp.   2,848,627    120,531,663 
Kakao Games Corp.(a)   309,411    9,045,844 
Kakao Pay Corp.(a)   240,827    10,888,772 
KakaoBank Corp.(c)   1,440,536    28,412,273 
Kangwon Land Inc.   743,725    10,208,659 
KB Financial Group Inc.   3,497,185    126,112,341 
KCC Corp.   44,851    7,037,668 
KCC Glass Corp.   111,069    3,601,387 
KEPCO Engineering & Construction Co. Inc.(c)   138,391    6,948,528 
KEPCO Plant Service & Engineering Co. Ltd.   244,726    6,261,562 
Kia Corp.   2,385,849    154,139,365 
KIWOOM Securities Co. Ltd.   119,320    8,432,189 
KMW Co. Ltd.(a)(c)   278,875    3,904,653 
Koh Young Technology Inc.   584,077    6,074,931 
Kolmar BNH Co. Ltd.(c)   136,823    2,173,323 
Kolmar Korea Co. Ltd.(c)   165,706    4,687,455 

18

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Kolon Industries Inc.   181,988   $5,860,474 
Komipharm International Co. Ltd.(a)(c)   437,546    2,512,737 
Korea Aerospace Industries Ltd.   683,672    26,513,911 
Korea Electric Power Corp.(a)   2,310,181    33,232,562 
Korea Investment Holdings Co. Ltd.   328,074    13,690,708 
Korea Line Corp.(a)   1,803,878    2,541,065 
Korea Petrochemical Ind Co. Ltd.(c)   36,599    3,739,290 
Korea Zinc Co. Ltd.   72,793    26,348,085 
Korean Air Lines Co. Ltd.   1,598,181    26,569,750 
Korean Reinsurance Co.   1,099,616    5,841,099 
Krafton Inc.(a)   262,198    37,331,605 
KT Corp.   294,720    7,006,848 
KT&G Corp.   931,981    58,702,278 
Kum Yang Co. Ltd.(a)(c)   305,189    11,094,347 
Kumho Petrochemical Co. Ltd.   149,954    14,325,888 
Kumho Tire Co. Inc.(a)(c)   1,105,885    3,919,612 
Kyung Dong Navien Co. Ltd.   82,064    2,537,498 
L&C Bio Co. Ltd.(c)   212,642    5,469,897 
L&F Co. Ltd.(c)   228,566    46,284,731 
Lake Materials Co. Ltd.(a)   183,145    2,073,964 
LEENO Industrial Inc.   83,349    8,135,324 
LegoChem Biosciences Inc.(a)(c)   269,646    8,380,023 
LF Corp.   218,790    2,703,123 
LG Chem Ltd.   446,978    232,951,030 
LG Corp.   814,103    52,798,372 
LG Display Co. Ltd.(a)(c)   2,077,407    24,611,482 
LG Electronics Inc.   954,205    88,176,491 
LG Energy Solution(a)(c)   318,678    143,605,109 
LG H&H Co. Ltd.   82,616    32,761,029 
LG Innotek Co. Ltd.   130,456    30,121,487 
LG Uplus Corp.   1,433,766    12,139,593 
LIG Nex1 Co. Ltd.(c)   136,180    8,112,459 
Lotte Chemical Corp.   177,524    22,270,488 
Lotte Chilsung Beverage Co. Ltd.(c)   45,798    4,829,188 
Lotte Energy Materials Corp.(c)   216,362    9,327,183 
Lotte Fine Chemical Co. Ltd.   174,455    7,718,132 
LOTTE Reit Co. Ltd.   1,965,418    5,793,473 
Lotte Rental Co. Ltd.   99,785    2,091,771 
Lotte Shopping Co. Ltd.(c)   108,278    6,517,790 
Lotte Tour Development Co. Ltd.(a)(c)   587,493    4,884,008 
Lotte Wellfood Co. Ltd.(c)   26,961    2,152,911 
LS Corp.(c)   169,249    10,461,871 
LS Electric Co. Ltd.(c)   193,889    9,301,800 
Lunit Inc.(a)   46,527    2,937,625 
Lutronic Corp.(c)   238,644    4,846,700 
LX Holdings Corp.(c)   534,133    3,294,364 
LX International Corp.   298,017    6,773,571 
LX Semicon Co. Ltd.(c)   109,315    9,550,446 
Mcnex Co. Ltd.   147,550    3,613,331 
MedPacto Inc.(a)(c)   154,235    2,550,655 
Medytox Inc.(c)   52,681    9,758,550 
MegaStudyEdu Co. Ltd.(c)   103,569    4,954,496 
Meritz Financial Group Inc.   977,193    33,132,672 
Mirae Asset Securities Co. Ltd.   1,976,617    10,862,078 
MNTech Co. Ltd.   77,533    1,457,486 
Myoung Shin Industrial Co. Ltd.(a)(c)   355,817    5,995,648 
Namhae Chemical Corp.   288,944    1,889,419 
Nanomedics Co. Ltd.(a)   175,418    1,578,068 
Naturecell Co. Ltd.(a)(c)   558,216    4,323,358 
NAVER Corp.   1,198,971    179,976,609 
Security  Shares   Value 
         
South Korea (continued)          
NCSoft Corp.   135,011   $32,637,171 
Neowiz Games Corp.(a)   143,221    5,391,507 
NEPES Corp.(a)(c)   227,167    3,406,257 
Netmarble Corp.(a)(b)   164,028    6,913,271 
Nexen Tire Corp.   333,705    2,064,912 
Nexon Games Co. Ltd.(a)(c)   295,901    4,563,159 
NH Investment & Securities Co. Ltd.   944,975    7,110,415 
NHN Corp.(a)   198,063    3,911,315 
NHN KCP Corp.(c)   366,162    3,068,336 
NICE Holdings Co. Ltd.   271,193    2,490,561 
NICE Information Service Co. Ltd.(c)   398,981    3,176,513 
NKMax Co. Ltd.(a)(c)   410,138    4,224,452 
NongShim Co. Ltd.(c)   34,789    11,503,901 
OCI Co. Ltd.   55,093    5,998,070 
OCI Holdings Co. Ltd.   121,590    7,881,092 
Orion Corp./Republic of Korea   221,637    21,566,669 
Orion Holdings Corp.(c)   268,851    3,085,152 
Oscotec Inc.(a)(c)   327,885    5,827,885 
Ottogi Corp.(c)   15,839    5,301,765 
Pan Ocean Co. Ltd.   2,360,523    8,377,395 
Paradise Co. Ltd.(a)(c)   518,452    5,603,924 
Park Systems Corp.(c)   53,507    6,622,876 
Partron Co. Ltd.   499,927    3,427,664 
Pearl Abyss Corp.(a)(c)   247,533    9,301,367 
People & Technology Inc.(c)   208,795    8,223,742 
PharmaResearch Co. Ltd.(c)   71,190    6,153,395 
Pharmicell Co. Ltd.(a)   607,811    4,046,572 
PI Advanced Materials Co. Ltd.(c)   177,389    4,449,755 
Poongsan Corp.(c)   293,167    8,655,160 
Posco DX Co. Ltd.(c)   644,522    5,562,734 
POSCO Future M Co. Ltd.(c)   279,602    73,641,089 
POSCO Holdings Inc.   652,356    176,767,543 
Posco International Corp.(c)   488,373    11,065,839 
PSK Inc.(c)   187,584    3,023,237 
Rainbow Robotics(a)(c)   83,743    6,514,571 
RFHIC Corp.(c)   196,420    3,442,310 
S&S Tech Corp.(c)   203,360    8,457,006 
S-1 Corp.   146,979    6,016,143 
Sam Chun Dang Pharm Co. Ltd.(a)(c)   156,308    7,283,046 
Sam Kang M&T Co. Ltd.(a)(c)   410,501    6,026,270 
Samchully Co. Ltd.   20,343    1,873,314 
Samsung Biologics Co. Ltd.(a)(b)   163,056    96,220,440 
Samsung C&T Corp.   741,881    61,796,236 
Samsung Electro-Mechanics Co. Ltd.   483,512    53,661,779 
Samsung Electronics Co. Ltd.   43,147,215    2,314,868,061 
Samsung Engineering Co. Ltd.(a)   1,449,362    30,885,690 
Samsung Fire & Marine Insurance Co. Ltd.   276,750    47,005,954 
Samsung Heavy Industries Co. Ltd.(a)   5,659,134    26,091,872 
Samsung Life Insurance Co. Ltd.   720,116    35,972,286 
Samsung SDI Co. Ltd.   498,744    269,421,235 
Samsung SDS Co. Ltd.   296,266    27,735,751 
Samsung Securities Co. Ltd.   479,022    13,257,511 
Samyang Foods Co. Ltd.(c)   46,934    3,826,460 
Samyang Holdings Corp.   44,689    2,374,594 
SD Biosensor Inc.(c)   341,194    4,344,503 
Sebang Co. Ltd.   101,454    1,122,221 
Sebang Global Battery Co. Ltd.(c)   68,110    2,494,309 
Seegene Inc.   349,088    6,381,843 
Seobu T&D(c)   511,001    2,926,126 
Seojin System Co. Ltd.(a)(c)   306,036    3,817,974 

19

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Seoul Semiconductor Co. Ltd.(c)   468,176   $4,332,649 
SFA Engineering Corp.(c)   210,678    6,262,826 
SFA Semicon Co. Ltd.(a)(c)   945,198    4,037,439 
Shin Poong Pharmaceutical Co. Ltd.(a)(c)   321,242    4,062,210 
Shinhan Financial Group Co. Ltd.   3,869,997    101,964,282 
Shinsegae Inc.(c)   56,715    8,444,657 
Shinsegae International Inc.(c)   157,277    2,136,178 
SIMMTECH Co. Ltd.(c)   226,675    5,316,808 
SK Biopharmaceuticals Co. Ltd.(a)   262,895    14,553,851 
SK Bioscience Co. Ltd.(a)(c)   222,443    13,821,786 
SK Chemicals Co. Ltd.   112,094    6,329,899 
SK D&D Co. Ltd.   80,645    1,255,372 
SK Discovery Co. Ltd.   97,764    2,593,696 
SK Gas Ltd.   39,317    3,721,873 
SK Hynix Inc.   4,937,942    402,705,879 
SK IE Technology Co. Ltd.(a)(b)(c)   219,524    14,638,638 
SK Inc.   319,653    40,408,429 
SK Innovation Co. Ltd.(a)   501,599    71,396,017 
SK Networks Co. Ltd.(c)   1,564,007    5,701,308 
SK Square Co. Ltd.(a)   899,045    31,268,669 
SKC Co. Ltd.(c)   164,419    11,749,988 
SL Corp.(c)   166,026    4,504,781 
SM Entertainment Co. Ltd.(c)   117,050    9,651,239 
SNT Motiv Co. Ltd.   96,153    3,717,227 
S-Oil Corp.   368,266    20,013,512 
SOLUM Co. Ltd.(a)   473,701    9,015,191 
Solus Advanced Materials Co. Ltd.   173,334    5,131,037 
Soulbrain Co. Ltd.(c)   45,862    7,961,005 
SPG Co. Ltd.   87,427    2,219,845 
ST Pharm Co. Ltd.   109,447    7,096,592 
STCUBE(a)(c)   467,448    7,384,013 
Studio Dragon Corp.(a)(c)   124,516    6,070,399 
Sungwoo Hitech Co. Ltd.   292,688    2,249,326 
Taihan Electric Wire Co. Ltd.(a)   566,074    6,075,250 
TCC Steel.   52,797    1,382,329 
Tera Resource Co. Ltd.(a)(d)   49,111     
TKG Huchems Co. Ltd.   240,176    4,073,090 
Tokai Carbon Korea Co. Ltd.(c)   55,096    4,378,496 
Tongyang Life Insurance Co. Ltd.(a)   633,193    1,789,442 
TY Holdings Co. Ltd./Korea   242,555    1,894,305 
Unid Co. Ltd.   36,631    1,672,613 
Vaxcell-Bio Therapeutics Co. Ltd.(a)(c)   115,901    3,451,490 
Webzen Inc.   156,475    1,758,180 
Wemade Co. Ltd.(c)   200,282    7,150,524 
Wonik Holdings Co. Ltd.(a)   1    3 
WONIK IPS Co. Ltd.(c)   288,116    6,975,789 
Wonik QnC Corp.(c)   193,857    3,790,283 
Woori Financial Group Inc.   4,902,641    44,205,886 
Woori Investment Bank Co. Ltd.(c)   3,781,847    2,115,622 
Wysiwyg Studious Co. Ltd.(a)(c)   1,271,247    3,447,881 
YG Entertainment Inc.(c)   132,860    9,390,678 
Youlchon Chemical Co. Ltd.(c)   125,108    3,350,674 
Youngone Corp.(c)   227,350    7,700,691 
Youngone Holdings Co. Ltd.   67,950    3,439,338 
Yuanta Securities Korea Co. Ltd.   1,123,259    2,386,524 
Yuhan Corp.   481,351    21,518,961 
Yungjin Pharmaceutical Co. Ltd.(a)   1,039,725    2,188,962 
Yunsung F&C Co. Ltd.   11,637    1,359,002 
Zinus Inc.(c)   122,228    2,778,795 
         8,405,982,551 
Security  Shares   Value 
         
Taiwan — 16.7%          
AcBel Polytech Inc.(c)   6,319,000   $9,227,705 
Accton Technology Corp.(c)   4,614,000    52,903,120 
Acer Inc.(c)   26,870,872    26,932,809 
Actron Technology Corp.(c)   592,000    3,345,250 
ADATA Technology Co. Ltd.   2,853,820    8,276,272 
Adimmune Corp.(a)(c)   3,463,000    4,363,212 
Advanced Ceramic X Corp.(c)   444,000    3,015,801 
Advanced Energy Solution Holding Co. Ltd.(c)   294,000    6,765,391 
Advanced Wireless Semiconductor Co.(c)   1,617,000    4,353,851 
Advantech Co. Ltd.(c)   3,549,110    46,908,868 
Airtac International Group.   1,249,292    40,270,933 
Alchip Technologies Ltd.(c)   654,000    35,029,900 
Alexander Marine Co. Ltd.(c)   255,000    4,496,031 
Allied Supreme Corp.(c)   400,000    3,816,164 
Amazing Microelectronic Corp.(c)   888,448    3,217,796 
Andes Technology Corp.(c)   398,000    6,464,051 
AP Memory Technology Corp.(c)   891,000    9,816,124 
Apex International Co. Ltd.(c)   1,327,000    2,714,111 
Arcadyan Technology Corp.   1,810,391    6,808,001 
Ardentec Corp.(c)   5,589,546    10,561,597 
ASE Technology Holding Co. Ltd.(c)   28,603,222    103,359,193 
Asia Cement Corp.   19,018,050    27,176,991 
Asia Optical Co. Inc.(c)   2,925,000    6,222,424 
Asia Pacific Telecom Co. Ltd.(a)   20,929,173    4,511,074 
Asia Vital Components Co. Ltd.(c)   3,292,884    21,084,033 
ASMedia Technology Inc.(c)   252,000    9,593,910 
ASPEED Technology Inc.(c)   258,800    24,160,789 
ASROCK Inc.(c)   556,000    2,856,714 
Asustek Computer Inc.(c)   6,367,000    63,117,390 
AUO Corp.(c)   59,313,400    33,927,205 
AURAS Technology Co. Ltd.(c)   796,000    6,973,928 
Bank of Kaohsiung Co. Ltd.(c)   23,884,720    9,593,067 
BES Engineering Corp.(c)   19,623,000    7,305,823 
Bizlink Holding Inc.(c)   1,121,869    10,072,464 
Bora Pharmaceuticals Co. Ltd.   365,000    9,039,626 
Brighton-Best International Taiwan Inc.(c)   5,079,000    5,847,896 
Capital Securities Corp.   25,693,050    11,604,048 
Career Technology MFG. Co. Ltd.(a)(c)   4,990,498    3,792,664 
Catcher Technology Co. Ltd.   5,683,000    34,258,238 
Cathay Financial Holding Co. Ltd.(c)   81,723,951    117,571,365 
Cathay Real Estate Development Co. Ltd.(c)   8,813,900    4,730,416 
Center Laboratories Inc.(c)   4,226,230    6,906,313 
Century Iron & Steel Industrial Co. Ltd.(c)   1,830,000    6,483,458 
Chailease Holding Co. Ltd.(c)   12,977,957    85,399,398 
Chang Hwa Commercial Bank Ltd.   43,700,203    25,576,478 
Charoen Pokphand Enterprise(c)   2,530,700    7,385,584 
Cheng Loong Corp.(c)   8,335,000    8,606,244 
Cheng Shin Rubber Industry Co. Ltd.(c)   14,423,650    18,272,590 
Cheng Uei Precision Industry Co. Ltd.   4,255,000    5,762,848 
Chicony Electronics Co. Ltd.(c)   4,215,787    14,534,908 
Chicony Power Technology Co. Ltd.   1,220,000    3,330,557 
Chief Telecom Inc.(c)   269,000    3,147,134 
China Airlines Ltd.(c)   25,526,000    18,392,633 
China Bills Finance Corp.(c)   16,839,000    8,436,335 
China Development Financial Holding Corp.(c)   141,428,649    58,306,065 
China General Plastics Corp.(c)   4,140,386    3,174,141 
China Man-Made Fiber Corp.(a)(c)   18,733,574    4,914,377 
China Metal Products(c)   4,797,146    5,441,023 
China Motor Corp.(c)   2,761,800    8,605,497 
China Petrochemical Development Corp.(c)   33,130,490    10,549,865 

20

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
China Steel Chemical Corp.(c)   1,507,000   $5,557,139 
China Steel Corp.(c)   106,351,529    100,289,237 
Chin-Poon Industrial Co. Ltd.   4,524,000    4,641,757 
Chipbond Technology Corp.(c)   3,413,000    7,433,097 
ChipMOS Technologies Inc.   4,703,000    6,029,425 
Chlitina Holding Ltd.(c)   513,000    3,618,198 
Chong Hong Construction Co. Ltd.(c)   1,724,122    4,448,843 
Chroma ATE Inc.(c)   3,223,000    24,368,146 
Chung Hung Steel Corp.   8,906,000    6,683,724 
Chung-Hsin Electric & Machinery Manufacturing Corp.(c)   3,762,000    13,986,085 
Chunghwa Precision Test Tech Co. Ltd.(c)   217,000    3,508,784 
Chunghwa Telecom Co. Ltd.(c)   32,818,000    134,627,533 
Cleanaway Co. Ltd.(c)   1,038,000    6,952,842 
Clevo Co.(c)   5,055,175    5,392,735 
Compal Electronics Inc.(c)   37,143,000    33,617,180 
Compeq Manufacturing Co. Ltd.(c)   7,345,000    10,510,705 
Continental Holdings Corp.(c)   5,625,600    5,603,275 
Coretronic Corp.(c)   3,353,200    8,191,407 
Co-Tech Development Corp.(c)   2,685,000    5,015,736 
CSBC Corp. Taiwan(a)(c)   7,119,316    5,585,497 
CTBC Financial Holding Co. Ltd.   157,458,599    124,322,448 
CTCI Corp.(c)   5,504,000    7,312,613 
Cub Elecparts Inc.(c)   738,076    4,203,808 
Darfon Electronics Corp.(c)   3,123,000    4,768,688 
Delta Electronics Inc.(c)   17,681,000    181,565,455 
E Ink Holdings Inc.(c)   7,945,000    53,410,448 
E.Sun Financial Holding Co. Ltd.(c)   120,300,317    101,264,134 
Eclat Textile Co. Ltd.(c)   1,636,683    24,882,946 
EirGenix Inc.(a)(c)   2,040,000    7,498,909 
Elan Microelectronics Corp.(c)   2,248,100    7,450,991 
Elite Material Co. Ltd.(c)   2,437,000    16,666,432 
Elite Semiconductor Microelectronics Technology Inc.(c)   2,463,000    7,057,707 
eMemory Technology Inc.   586,000    34,937,327 
Ennoconn Corp.(c)   845,219    7,793,882 
ENNOSTAR Inc.(c)   5,258,185    8,742,762 
Episil Technologies Inc(c)   2,660,036    6,877,679 
Episil-Precision Inc.(c)   1,170,077    2,412,517 
Eternal Materials Co. Ltd.(c)   7,481,369    7,977,481 
Etron Technology Inc.(c)   2,516,660    3,696,453 
Eva Airways Corp.(c)   23,769,326    26,181,526 
Evergreen International Storage & Transport Corp.(c)   4,986,000    4,432,525 
Evergreen Marine Corp. Taiwan Ltd.(c)   9,047,979    44,903,235 
Everlight Chemical Industrial Corp.(c)   6,270,781    4,107,422 
Everlight Electronics Co. Ltd.(c)   3,831,000    5,883,806 
Far Eastern Department Stores Ltd.   10,983,167    8,660,080 
Far Eastern International Bank   35,138,441    12,794,327 
Far Eastern New Century Corp.(c)   27,071,916    28,421,596 
Far EasTone Telecommunications Co. Ltd.(c)   13,506,000    33,724,502 
Faraday Technology Corp.(c)   1,874,000    10,406,939 
Farglory Land Development Co. Ltd.(c)   2,797,782    5,705,286 
Feng Hsin Steel Co. Ltd.   4,812,000    10,636,759 
Feng TAY Enterprise Co. Ltd.   3,763,387    23,325,627 
First Financial Holding Co. Ltd.   96,336,783    88,026,631 
Fitipower Integrated Technology Inc.   1,223,161    6,303,907 
FLEXium Interconnect Inc.(c)   2,245,616    7,198,284 
FocalTech Systems Co. Ltd.(c)   1,885,000    5,196,202 
Formosa Chemicals & Fibre Corp.   30,669,210    68,221,568 
Formosa International Hotels Corp.(c)   810,000    7,537,651 
Security  Shares   Value 
         
Taiwan (continued)          
Formosa Petrochemical Corp.(c)   9,395,000   $26,335,359 
Formosa Plastics Corp.(c)   34,060,800    104,247,932 
Formosa Sumco Technology Corp.(c)   773,000    4,159,002 
Formosa Taffeta Co. Ltd.(c)   7,633,000    6,925,986 
Fortune Electric Co. Ltd.   876,000    4,133,756 
Foxconn Technology Co. Ltd.(c)   6,626,424    11,682,509 
Foxsemicon Integrated Technology Inc.(c)   757,000    4,813,627 
Fubon Financial Holding Co. Ltd.   65,930,323    130,200,337 
Fulgent Sun International Holding Co. Ltd.(c)   1,509,221    6,170,360 
Fusheng Precision Co. Ltd.(c)   1,137,000    7,759,040 
General Interface Solution Holding Ltd.(c)   2,467,000    5,893,478 
Genius Electronic Optical Co. Ltd.(c)   683,287    9,038,287 
Getac Holdings Corp.(c)   5,169,000    11,610,859 
Giant Manufacturing Co. Ltd.(c)   2,953,575    19,744,448 
Gigabyte Technology Co. Ltd.(c)   4,598,000    27,819,066 
Global Mixed Mode Technology Inc.   690,000    4,308,224 
Global PMX Co. Ltd.(c)   524,000    2,270,903 
Global Unichip Corp.   804,000    38,933,434 
Globalwafers Co. Ltd.(c)   1,850,000    30,249,177 
Gloria Material Technology Corp.(a)(c)   3,815,000    6,898,858 
Gold Circuit Electronics Ltd.   3,259,800    12,893,789 
Goldsun Building Materials Co. Ltd.   10,286,425    9,560,200 
Gourmet Master Co. Ltd.(c)   1,129,471    5,467,186 
Grand Pacific Petrochemical(c)   10,011,000    6,183,657 
Grape King Bio Ltd.   1,283,000    7,324,428 
Great Tree Pharmacy Co. Ltd.(c)   591,720    6,796,327 
Great Wall Enterprise Co. Ltd.   5,969,412    10,180,355 
Greatek Electronics Inc.   3,367,000    6,290,369 
Gudeng Precision Industrial Co. Ltd.   680,356    7,975,525 
Hannstar Board Corp.   3,455,000    4,732,825 
HannStar Display Corp.(a)(c)   21,623,640    8,676,444 
Highwealth Construction Corp.(c)   6,775,119    9,383,376 
Hiwin Technologies Corp.(c)   2,485,498    19,351,944 
Holtek Semiconductor Inc.(c)   1,921,000    4,387,164 
Holy Stone Enterprise Co. Ltd.(c)   1,350,330    4,588,378 
Hon Hai Precision Industry Co. Ltd.(c)   111,281,928    385,010,746 
Hota Industrial Manufacturing Co. Ltd.(c)   2,629,261    6,157,145 
Hotai Finance Co. Ltd.   1,851,000    7,823,641 
Hotai Motor Co. Ltd.(c)   2,821,000    73,764,375 
Hsin Kuang Steel Co. Ltd.(c)   2,955,000    4,597,599 
HTC Corp.(a)(c)   6,263,000    12,539,674 
Hu Lane Associate Inc.(c)   648,000    3,080,397 
Hua Nan Financial Holdings Co. Ltd.   82,062,650    59,351,076 
Huaku Development Co. Ltd.(c)   2,846,000    8,341,638 
IBF Financial Holdings Co. Ltd.(c)   22,889,076    9,262,273 
Innodisk Corp.(c)   1,060,484    11,546,797 
Innolux Corp.(c)   80,288,973    36,262,707 
International CSRC Investment Holdings Co.(c)   8,859,685    5,848,445 
International Games System Co. Ltd.(c)   1,039,000    19,144,298 
Inventec Corp.(c)   22,951,000    27,507,726 
ITE Technology Inc.   1,733,000    6,300,017 
ITEQ Corp.(c)   1,932,604    4,520,449 
Jentech Precision Industrial Co. Ltd.(c)   733,670    14,226,368 
Jinan Acetate Chemical Co. Ltd.(c)   371,000    6,350,709 
Johnson Health Tech Co. Ltd.(c)   1,222,000    2,438,060 
Kaori Heat Treatment Co. Ltd.   823,000    6,573,454 
Kenda Rubber Industrial Co. Ltd.(c)   5,870,337    5,879,657 
Kindom Development Co. Ltd.(c)   3,848,300    3,694,136 
King Slide Works Co. Ltd.(c)   680,000    9,364,472 
King Yuan Electronics Co. Ltd.(c)   8,178,000    14,332,144 

21

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
King’s Town Bank Co. Ltd.(c)   6,651,000   $7,780,497 
Kinik Co.(c)   1,248,000    4,584,085 
Kinpo Electronics(c)   12,713,000    5,635,830 
Kinsus Interconnect Technology Corp.(c)   2,432,000    9,190,643 
LandMark Optoelectronics Corp.(c)   775,900    2,707,777 
Largan Precision Co. Ltd.(c)   896,000    65,848,566 
Lien Hwa Industrial Holdings Corp.(c)   9,070,048    18,357,762 
Lite-On Technology Corp.   18,418,238    53,288,744 
Longchen Paper & Packaging Co. Ltd.(c)   7,616,863    4,121,436 
Lotes Co. Ltd.(c)   671,849    18,971,045 
Lotus Pharmaceutical Co. Ltd.(c)   1,056,000    11,210,023 
M31 Technology Corp.(c)   224,000    6,194,955 
Macronix International Co. Ltd.(c)   14,294,554    15,466,846 
Makalot Industrial Co. Ltd.(c)   1,740,510    12,321,835 
Marketech International Corp.   1,173,000    5,014,404 
MediaTek Inc.(c)   13,657,572    335,615,615 
Medigen Vaccine Biologics Corp.(a)(c)   2,341,607    4,728,101 
Mega Financial Holding Co. Ltd.(c)   99,708,131    115,990,457 
Mercuries Life Insurance Co. Ltd.(a)(c)   27,440,689    4,683,690 
Merida Industry Co. Ltd.(c)   1,703,850    10,760,823 
Merry Electronics Co. Ltd.(c)   1,855,751    5,399,219 
Microbio Co. Ltd.(c)   3,698,527    7,113,053 
Micro-Star International Co. Ltd.   6,230,000    33,601,872 
Mitac Holdings Corp.(c)   10,617,053    11,029,210 
momo.com Inc(c)   638,880    14,483,836 
Nan Kang Rubber Tire Co. Ltd.(a)(c)   4,914,000    6,125,817 
Nan Pao Resins Chemical Co. Ltd.(c)   457,000    2,584,232 
Nan Ya Plastics Corp.(c)   42,026,440    106,210,717 
Nan Ya Printed Circuit Board Corp.(c)   1,919,000    18,835,782 
Nantex Industry Co. Ltd.(c)   2,608,000    3,185,745 
Nanya Technology Corp.(c)   10,513,000    25,056,429 
Nien Made Enterprise Co. Ltd.(c)   1,299,000    14,871,867 
Novatek Microelectronics Corp.(c)   5,193,000    71,696,150 
Nuvoton Technology Corp.(c)   1,818,000    7,597,215 
OBI Pharma Inc.(a)(c)   1,596,339    4,458,482 
Oneness Biotech Co. Ltd.(a)(c)   2,290,000    17,151,239 
Oriental Union Chemical Corp.(c)   7,590,000    5,218,060 
Pan Jit International Inc.   3,293,200    7,476,862 
Pan-International Industrial Corp.   4,870,366    6,457,131 
Parade Technologies Ltd.(c)   664,000    21,962,828 
Pegatron Corp.(c)   16,956,000    41,519,847 
Pegavision Corp.(c)   282,000    3,298,418 
PharmaEngine Inc.(c)   961,000    2,902,563 
PharmaEssentia Corp.(a)   2,189,000    24,903,048 
Pharmally International Holding Co. Ltd.(d)   597,543     
Phihong Technology Co. Ltd.(a)   2,098,000    5,352,964 
Phison Electronics Corp.(c)   1,357,000    18,836,756 
Pixart Imaging Inc.   1,249,000    4,463,566 
Polaris Group/Tw(a)(c)   2,674,000    8,007,213 
Pou Chen Corp.   18,528,000    19,058,769 
Powerchip Semiconductor Manufacturing Corp.(c)   26,442,000    26,481,075 
Powertech Technology Inc.(c)   4,318,000    14,007,242 
Poya International Co. Ltd.   478,790    8,295,714 
President Chain Store Corp.(c)   5,071,000    46,105,821 
President Securities Corp.(c)   8,501,603    4,709,084 
Primax Electronics Ltd.   4,695,000    9,855,862 
Prince Housing & Development Corp.   14,442,995    5,684,788 
Qisda Corp.   13,794,000    18,879,731 
Quanta Computer Inc.(c)   24,713,000    93,452,592 
Radiant Opto-Electronics Corp.   3,170,000    12,161,214 
Security  Shares   Value 
         
Taiwan (continued)          
Raydium Semiconductor Corp.(c)   584,000   $6,640,647 
RDC Semiconductor Co. Ltd.(a)(c)   541,000    2,851,875 
Realtek Semiconductor Corp.(c)   4,060,110    50,317,746 
RichWave Technology Corp.(a)(c)   901,226    5,080,675 
Ritek Corp.(a)   1     
Ruentex Development Co. Ltd.(c)   15,463,680    17,535,275 
Ruentex Industries Ltd.   5,599,788    10,373,714 
Sanyang Motor Co. Ltd.(c)   5,505,000    14,242,152 
ScinoPharm Taiwan Ltd.(c)   2,864,027    2,424,209 
SDI Corp.(c)   1,379,000    5,520,048 
Sensortek Technology Corp.(c)   281,000    2,823,220 
Sercomm Corp.   2,691,000    8,340,618 
Shanghai Commercial & Savings Bank  Ltd. (The)(c)   35,075,542    51,526,504 
Shihlin Electric & Engineering Corp.   1,310,000    6,352,290 
Shin Kong Financial Holding Co. Ltd.(c)   116,784,255    32,716,295 
Shin Zu Shing Co. Ltd.   1,571,904    4,769,031 
Shinkong Synthetic Fibers Corp.(c)   13,698,000    7,637,738 
Shiny Chemical Industrial Co. Ltd.(c)   784,750    3,313,133 
Sigurd Microelectronics Corp.(c)   5,718,700    10,309,075 
Silergy Corp.(c)   2,910,000    37,624,578 
Simplo Technology Co. Ltd.   1,262,400    12,720,925 
Sinbon Electronics Co. Ltd.   1,943,809    22,752,705 
Sino-American Silicon Products Inc.(c)   4,499,000    23,221,770 
SinoPac Financial Holdings Co. Ltd.   98,802,921    55,579,711 
Sinyi Realty Inc.   5,000,704    4,845,729 
Sitronix Technology Corp.(c)   1,043,000    7,606,846 
Soft-World International Corp.   917,000    2,853,397 
Solar Applied Materials Technology Corp.(c)   4,944,710    5,977,874 
Sporton International Inc.   804,050    6,313,083 
St. Shine Optical Co. Ltd.   436,000    3,386,193 
Standard Foods Corp.(c)   4,455,096    5,948,394 
Sunny Friend Environmental Technology Co. Ltd.(c)   647,000    3,281,664 
Sunplus Technology Co. Ltd.(c)   4,614,000    3,780,238 
Supreme Electronics Co. Ltd.(c)   5,927,512    8,911,640 
Synmosa Biopharma Corp.(c)   2,533,000    3,666,205 
Synnex Technology International Corp.(c)   12,138,250    25,219,022 
Systex Corp.(c)   1,638,000    5,349,680 
T3EX Global Holdings Corp.(c)   1,171,000    2,665,848 
TA Chen Stainless Pipe(c)   12,963,010    19,003,143 
Ta Ya Electric Wire & Cable(c)   7,805,760    7,884,396 
Taichung Commercial Bank Co. Ltd.(c)   28,964,725    13,795,970 
TaiDoc Technology Corp.(c)   615,000    3,675,207 
Taigen Biopharmaceuticals Holdings Ltd.(a)(c)   3,630,000    1,769,478 
TaiMed Biologics Inc.(a)(c)   1,978,000    7,232,202 
Tainan Spinning Co. Ltd.(c)   11,086,894    5,833,294 
Taishin Financial Holding Co. Ltd.   99,625,553    59,436,691 
Taiwan Business Bank   56,020,790    25,673,589 
Taiwan Cement Corp.(c)   54,819,182    67,554,985 
Taiwan Cogeneration Corp.(c)   6,408,252    10,521,822 
Taiwan Cooperative Financial Holding Co. Ltd.   90,406,031    82,179,092 
Taiwan Fertilizer Co. Ltd.(c)   6,617,000    13,042,951 
Taiwan Glass Industry Corp.(c)   10,614,053    6,326,560 
Taiwan High Speed Rail Corp.   16,106,000    17,042,455 
Taiwan Hon Chuan Enterprise Co. Ltd.   2,676,674    9,044,252 
Taiwan Mask Corp.(c)   2,403,000    6,314,688 
Taiwan Mobile Co. Ltd.(c)   14,588,000    49,118,650 
Taiwan Paiho Ltd.   2,944,000    5,241,590 
Taiwan Secom Co. Ltd.(c)   2,989,185    11,427,698 

22

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
Taiwan Semiconductor Co. Ltd.   2,258,000   $6,936,223 
Taiwan Semiconductor Manufacturing Co. Ltd.   222,949,000    4,034,893,497 
Taiwan Shin Kong Security Co. Ltd.   6,367,577    8,609,537 
Taiwan Surface Mounting Technology Corp.(c)   2,440,000    8,002,276 
Taiwan TEA Corp.(a)(c)   10,074,000    7,286,718 
Taiwan Union Technology Corp.(c)   2,573,000    6,272,148 
Taiwan-Asia Semiconductor Corp.(c)   2,847,000    3,404,982 
Tatung Co. Ltd.(a)(c)   15,524,000    21,353,463 
TCI Co. Ltd.   929,444    5,338,561 
Teco Electric and Machinery Co. Ltd.   12,107,000    20,155,393 
Test Research Inc.   1,985,400    4,147,208 
Thinking Electronic Industrial Co. Ltd.(c)   798,000    3,988,740 
Ton Yi Industrial Corp.   12,031,000    7,502,241 
Tong Hsing Electronic Industries Ltd.(c)   1,207,385    7,176,591 
Tong Yang Industry Co. Ltd.(c)   4,226,400    6,789,929 
Topco Scientific Co. Ltd.   1,858,639    12,066,676 
TPK Holding Co. Ltd.(c)   3,415,000    4,706,441 
Transcend Information Inc.(c)   2,839,000    7,106,705 
Tripod Technology Corp.   3,126,000    13,061,419 
TSEC Corp.(a)(c)   4,729,749    5,498,749 
TSRC Corp.(c)   6,356,900    5,266,700 
TTY Biopharm Co. Ltd.   2,606,124    6,415,001 
Tung Ho Steel Enterprise Corp.(c)   5,320,560    9,673,438 
Tung Thih Electronic Co. Ltd.(c)   745,000    3,713,520 
TXC Corp.(c)   2,833,000    8,305,690 
U-Ming Marine Transport Corp.   4,534,000    7,129,441 
Unimicron Technology Corp.(c)   12,223,000    71,495,472 
Union Bank of Taiwan(c)   13,494,772    7,311,245 
Uni-President Enterprises Corp.   43,109,369    104,153,725 
United Integrated Services Co. Ltd.   1,338,400    9,948,008 
United Microelectronics Corp.(c)   100,539,000    168,280,524 
United Renewable Energy Co. Ltd.(a)(c)   12,538,238    8,208,415 
Universal Vision Biotechnology Co. Ltd.   493,950    6,328,999 
UPC Technology Corp.(c)   9,544,365    4,448,477 
UPI Semiconductor Corp.(a)(c)   440,000    4,334,542 
USI Corp.(c)   7,699,300    5,754,087 
Vanguard International Semiconductor Corp.(c)   7,976,000    24,028,131 
VIA Labs Inc.(c)   314,000    2,303,883 
Via Technologies Inc.(c)   2,082,000    5,442,445 
Visco Vision Inc.(c)   347,000    2,542,522 
VisEra Technologies Co. Ltd.(c)   1,071,000    7,934,839 
Visual Photonics Epitaxy Co. Ltd.(c)   1,614,000    5,471,828 
Vivotek Inc.(c)   393,000    2,253,753 
Voltronic Power Technology Corp.   574,493    36,152,116 
Wafer Works Corp.(c)   5,200,839    7,587,172 
Waffer Technology Corp.   1,010,000    4,092,263 
Wah Lee Industrial Corp.(c)   2,674,580    7,528,640 
Walsin Lihwa Corp.(c)   23,606,570    35,379,788 
Walsin Technology Corp.(c)   2,665,597    9,002,584 
Wan Hai Lines Ltd.(c)   6,075,620    11,428,831 
Win Semiconductors Corp.(c)   2,870,427    14,882,202 
Winbond Electronics Corp.(c)   26,529,480    22,926,173 
WinWay Technology Co. Ltd.   115,000    2,979,090 
Wisdom Marine Lines Co. Ltd.(c)   3,639,000    6,021,413 
Wistron Corp.   24,158,004    52,347,025 
Wistron NeWeb Corp.(c)   2,919,654    8,305,645 
Wiwynn Corp.(c)   769,000    28,911,154 
Wowprime Corp.(a)   426,000    4,616,646 
WPG Holdings Ltd.(c)   13,368,200    23,108,346 
WT Microelectronics Co. Ltd.(c)   3,781,734    8,099,158 
Security  Shares   Value 
         
Taiwan (continued)          
XinTec Inc.(c)   1,708,000   $5,818,349 
XPEC Entertainment Inc.(d)   31,000     
Xxentria Technology Materials Corp.(c)   1,835,000    4,164,065 
Yageo Corp.(c)   2,948,824    48,590,080 
Yang Ming Marine Transport Corp.(c)   15,235,677    30,064,073 
YFY Inc.(c)   10,531,000    10,847,512 
Yieh Phui Enterprise Co. Ltd.(c)   10,802,077    5,417,564 
Yuanta Financial Holding Co. Ltd.   87,199,519    67,593,318 
Yulon Finance Corp.(c)   2,058,184    13,030,134 
Yulon Motor Co. Ltd.(c)   5,164,088    14,692,269 
YungShin Global Holding Corp.(c)   3,646,650    5,435,892 
Zhen Ding Technology Holding Ltd.   5,656,950    21,294,695 
         11,413,710,189 
Thailand — 2.2%          
Advanced Info Service PCL, NVDR   10,696,500    64,846,395 
Airports of Thailand PCL, NVDR(a)   39,114,200    79,486,932 
Amata Corp. PCL, NVDR   14,125,930    8,966,283 
AP Thailand PCL, NVDR   28,541,190    9,510,923 
Asset World Corp. PCL, NVDR   66,844,800    9,443,647 
B Grimm Power PCL, NVDR   9,394,500    10,101,315 
Bangchak Corp. PCL, NVDR   12,544,800    11,522,598 
Bangkok Airways PCL, NVDR(a)   16,642,000    6,786,430 
Bangkok Chain Hospital PCL, NVDR(c)   18,058,050    9,589,803 
Bangkok Commercial Asset Management  PCL, NVDR(c)   18,399,600    5,811,057 
Bangkok Dusit Medical Services PCL, NVDR   94,069,200    76,263,763 
Bangkok Expressway & Metro PCL, NVDR   69,807,685    16,149,478 
Bangkok Land PCL, NVDR(c)   183,062,400    4,469,653 
Banpu PCL, NVDR   66,190,900    15,677,339 
BCPG PCL, NVDR(c)   16,971,725    4,410,464 
Berli Jucker PCL, NVDR   10,766,000    11,203,862 
Betagro PCL, NVDR(c)   7,719,500    6,100,180 
BTS Group Holdings PCL, NVDR   77,250,900    15,757,585 
Bumrungrad Hospital PCL, NVDR   5,504,100    35,240,652 
Carabao Group PCL, NVDR   3,655,700    6,972,811 
Central Pattana PCL, NVDR   18,860,200    36,545,922 
Central Plaza Hotel PCL, NVDR(a)(c)   5,219,300    7,528,214 
Central Retail Corp. PCL, NVDR   18,072,717    21,798,071 
CH Karnchang PCL, NVDR(c)   15,523,000    8,564,285 
Charoen Pokphand Foods PCL, NVDR(c)   32,543,200    18,784,173 
Chularat Hospital PCL, NVDR(c)   86,998,400    8,186,579 
CK Power PCL, NVDR(c)   30,214,400    2,880,912 
CP ALL PCL, NVDR   54,060,900    98,987,628 
Delta Electronics Thailand PCL, NVDR(c)   29,029,000    82,496,532 
Dynasty Ceramic PCL, NVDR   79,320,720    4,558,662 
Eastern Polymer Group PCL, NVDR(c)   15,702,700    3,158,415 
Electricity Generating PCL, NVDR   2,176,700    9,034,486 
Energy Absolute PCL, NVDR(c)   15,731,900    29,349,446 
Esso Thailand PCL, NVDR(c)   12,953,200    3,216,756 
GFPT PCL, NVDR   10,255,700    3,618,958 
Global Power Synergy PCL, NVDR(c)   6,623,200    11,123,317 
Gulf Energy Development PCL, NVDR   28,709,444    40,165,849 
Gunkul Engineering PCL, NVDR(c)   52,508,341    5,064,366 
Hana Microelectronics PCL, NVDR   5,839,200    7,375,551 
Home Product Center PCL, NVDR   58,497,675    23,179,561 
Indorama Ventures PCL, NVDR   15,941,400    14,536,194 
Intouch Holdings PCL, NVDR   9,763,625    20,955,649 
IRPC PCL, NVDR(c)   106,532,300    6,790,066 
Jasmine International PCL, NVDR(a)(c)   73,519,800    3,568,987 
Jay Mart PCL, NVDR(c)   7,930,300    4,642,716 

23

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Thailand (continued)          
JMT Network Services PCL, NVDR(c)   6,729,500   $8,306,722 
Kasikornbank PCL, NVDR   5,050,100    18,784,394 
KCE Electronics PCL, NVDR(c)   6,761,800    7,568,892 
Khon Kaen Sugar Industry PCL, NVDR   26,009,886    2,567,644 
Kiatnakin Phatra Bank PCL, NVDR   5,527,200    10,000,364 
Krung Thai Bank PCL, NVDR   31,399,900    17,133,217 
Krungthai Card PCL, NVDR(c)   8,228,700    12,049,244 
Land & Houses PCL, NVDR   67,773,600    16,543,799 
Major Cineplex Group PCL, NVDR(c)   11,049,000    4,918,287 
MBK PCL, NVDR(c)   11,934,800    5,547,510 
Mega Lifesciences PCL, NVDR   5,192,300    5,811,357 
Minor International PCL, NVDR(c)   31,381,060    30,407,283 
Muangthai Capital PCL, NVDR   7,757,200    9,179,335 
Ngern Tid Lor PCL, NVDR   4,869,600    3,883,086 
Origin Property PCL, NVDR(c)   17,269,100    5,353,861 
Osotspa PCL, NVDR(c)   12,485,800    10,399,933 
Plan B Media PCL, NVDR(c)   31,929,288    8,251,968 
Precious Shipping PCL, NVDR   10,813,600    2,906,192 
Prima Marine PCL, NVDR(c)   20,268,600    3,869,963 
PTG Energy PCL, NVDR(c)   12,347,400    4,253,709 
PTT Exploration & Production PCL, NVDR(c)   12,048,901    48,246,296 
PTT Global Chemical PCL, NVDR   20,098,700    20,337,913 
PTT Oil & Retail Business PCL, NVDR   26,695,800    15,336,369 
PTT Public Company Ltd., NVDR   90,045,400    77,569,687 
Quality Houses PCL, NVDR(c)   117,039,517    7,732,320 
Ratch Group PCL, NVDR   8,039,100    8,368,552 
Ratchthani Leasing PCL, NVDR(c)   36,117,225    3,629,729 
Regional Container Lines PCL, NVDR(c)   5,359,800    3,692,581 
RS PCL, NVDR(c)   7,783,490    3,174,786 
Sappe PCL, NVDR   798,600    1,944,866 
SCB X PCL, NVDR   7,497,100    22,279,817 
SCG Packaging PCL, NVDR   12,029,100    13,553,058 
Siam Cement PCL (The), NVDR   7,158,400    65,561,775 
Siam Makro PCL, NVDR   12,715,700    14,790,408 
Siamgas & Petrochemicals PCL, NVDR(c)   12,291,700    3,001,193 
Singha Estate PCL, NVDR   60,630,200    2,734,654 
Sino-Thai Engineering & Construction PCL, NVDR   14,443,828    3,875,273 
SISB PCL, NVDR   2,059,000    2,351,875 
Sri Trang Agro-Industry PCL, NVDR   10,165,260    5,546,091 
Sri Trang Gloves Thailand PCL, NVDR(c)   10,869,200    2,873,280 
Srisawad Corp. PCL, NVDR   6,948,749    11,114,888 
Supalai PCL, NVDR   15,770,900    9,152,615 
Super Energy Corp. PCL, NVDR(c)   205,802,700    3,427,904 
Thai Oil PCL, NVDR(c)   9,455,500    11,734,513 
Thai Union Group PCL, NVDR(c)   25,861,700    10,918,789 
Thai Vegetable Oil PCL, NVDR   8,107,910    5,996,760 
Thanachart Capital PCL, NVDR   5,542,000    8,238,204 
Thonburi Healthcare Group PCL, NVDR(c)   3,891,700    7,629,093 
Thoresen Thai Agencies PCL, NVDR(c)   15,643,900    3,212,871 
TPI Polene PCL, NVDR(c)   80,091,000    3,361,159 
True Corp. PCL, NVDR(c)   102,391,656    20,154,679 
TTW PCL, NVDR(c)   28,109,600    6,863,275 
WHA Corp. PCL, NVDR   98,617,600    12,518,340 
         1,513,082,838 
Turkey — 0.7%          
Akbank TAS   29,779,729    22,717,387 
Aksa Akrilik Kimya Sanayii AS   1,511,255    4,653,211 
Alarko Holding AS   1,970,218    6,441,548 
Anadolu Efes Biracilik Ve Malt Sanayii AS   2,502,635    7,033,216 
Aselsan Elektronik Sanayi Ve Ticaret AS(c)   6,627,493    15,198,490 
Security  Shares   Value 
         
Turkey (continued)          
BIM Birlesik Magazalar AS   4,234,188   $28,814,207 
Dogan Sirketler Grubu Holding AS   16,902,061    6,793,608 
Emlak Konut Gayrimenkul Yatirim Ortakligi AS   41,399,560    14,195,072 
Enerjisa Enerji AS(b)   4,096,117    6,117,066 
Eregli Demir ve Celik Fabrikalari TAS(a)(c)   13,498,679    21,516,566 
Ford Otomotiv Sanayi AS   679,100    18,763,062 
Girisim Elektrik Taahhut Ticaret Ve Sanayi AS(a)   1,053,104    3,041,951 
Haci Omer Sabanci Holding AS   10,031,800    18,661,182 
Hektas Ticaret TAS(a)   10,338,972    13,954,516 
Is Gayrimenkul Yatirim Ortakligi AS(a)   6,768,107    2,904,767 
Kardemir Karabuk Demir Celik Sanayi ve Ticaret  AS, Class D(c)   8,985,781    7,621,721 
KOC Holding AS   7,257,115    27,547,292 
Kontrolmatik Enerji Ve Muhendislik AS, NVS   815,627    5,624,471 
Koza Altin Isletmeleri AS   9,680,655    10,763,139 
Koza Anadolu Metal Madencilik Isletmeleri AS(a)(c)   2,789,862    6,082,330 
Mavi Giyim Sanayi Ve Ticaret AS, Class B(b)   1,930,204    5,028,492 
Migros Ticaret AS   1,290,588    10,735,711 
MLP Saglik Hizmetleri AS(a)(b)   992,688    3,207,315 
ODAS Elektrik Uretim ve Sanayi Ticaret AS(a)   10,236,844    3,267,971 
Oyak Cimento Fabrikalari AS(a)   1,260,362    2,512,580 
Pegasus Hava Tasimaciligi AS(a)(c)   522,592    11,551,001 
Petkim Petrokimya Holding AS(a)(c)   13,044,137    8,813,607 
Sasa Polyester Sanayi AS(a)   9,491,282    24,838,575 
Smart Gunes Enerjisi Teknolojileri ArGE Uretim  Sanayi ve Ticaret AS, NVS(a)   691,520    2,552,725 
Sok Marketler Ticaret AS(a)   3,149,819    4,127,851 
TAV Havalimanlari Holding AS(a)   2,764,013    10,360,641 
Tekfen Holding AS   2,768,134    3,977,933 
Tofas Turk Otomobil Fabrikasi AS   771,187    7,977,027 
Turk Hava Yollari AO(a)   5,642,638    39,086,064 
Turkcell Iletisim Hizmetleri AS   11,084,819    17,907,192 
Turkiye Is Bankasi AS, Class C   32,708,763    17,637,104 
Turkiye Petrol Rafinerileri AS   9,042,262    29,185,819 
Turkiye Sinai Kalkinma Bankasi AS(a)   17,703,080    3,505,740 
Turkiye Sise ve Cam Fabrikalari AS   13,846,979    26,973,862 
Ulker Biskuvi Sanayi AS(a)   2,334,620    3,805,283 
Yapi ve Kredi Bankasi AS   27,084,640    13,340,906 
         498,838,201 
United Arab Emirates — 1.2%          
Abu Dhabi Commercial Bank PJSC   27,716,748    60,293,992 
Abu Dhabi Islamic Bank PJSC   13,352,328    36,353,144 
Abu Dhabi National Oil Co. for Distribution PJSC   29,616,301    33,382,291 
Agthia Group PJSC   3,208,408    4,260,872 
Air Arabia PJSC   25,222,017    15,519,340 
Al Yah Satellite Communications Co.   12,671,000    8,831,528 
Aldar Properties PJSC   36,502,376    50,607,482 
Amanat Holdings PJSC   25,189,049    6,659,107 
Aramex PJSC   6,132,112    4,875,037 
Dana Gas PJSC   43,369,762    9,691,721 
Dubai Financial Market PJSC   15,838,895    6,244,003 
Dubai Investments PJSC   22,838,310    13,670,565 
Dubai Islamic Bank PJSC   26,157,560    37,447,610 
Emaar Properties PJSC   60,676,923    101,442,095 
Emirates Central Cooling Systems Corp.   18,115,741    8,434,070 
Emirates NBD Bank PJSC   17,776,809    65,997,807 
Emirates Telecommunications Group Co. PJSC   31,919,552    200,385,011 
First Abu Dhabi Bank PJSC   40,622,161    140,381,460 
Multiply Group(a)   34,408,516    30,973,416 
National Central Cooling Co. PJSC   1,589,176    1,263,397 

24

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
United Arab Emirates (continued)          
Q Holding PJSC(a)   16,058,238   $9,972,538 
Taaleem Holdings PSC, NVS(a)   597,529    453,887 
         847,140,373 
Total Common Stocks — 97.6%          
(Cost: $63,993,209,484)        66,555,989,006 

 

Preferred Stocks

 

Brazil — 1.3%        
Alpargatas SA, Preference Shares, NVS(a)   2,258,340    4,647,285 
Azul SA, Preference Shares, NVS(a)   2,905,028    9,648,497 
Banco ABC Brasil SA, Preference Shares, NVS   1,572,706    5,158,344 
Banco Bradesco SA, Preference Shares, NVS   48,040,205    146,867,636 
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS   2,680,898    6,573,704 
Banco Pan SA, Preference Shares, NVS   3,661,306    4,712,579 
Bradespar SA, Preference Shares, NVS   2,235,619    9,381,730 
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS   2,364,196    18,360,697 
Cia de Saneamento do Parana, Preference Shares, NVS   1,790,882    1,429,656 
Cia Ferro Ligas da Bahia - FERBASA, Preference Shares, NVS   411,286    3,848,333 
Cia. Energetica de Minas Gerais, Preference Shares, NVS   12,416,881    28,635,702 
Gerdau SA, Preference Shares, NVS.   10,558,317    49,885,254 
Gol Linhas Aereas Inteligentes SA, Preference Shares, NVS(a)   2,635,530    4,322,159 
Itau Unibanco Holding SA, Preference Shares, NVS   43,030,877    223,326,630 
Itausa SA, Preference Shares, NVS   45,692,061    79,076,005 
Marcopolo SA, Preference Shares, NVS   7,113,695    6,478,085 
Metalurgica Gerdau SA, Preference Shares, NVS   6,582,232    14,544,147 
Petroleo Brasileiro SA, Preference Shares, NVS   42,158,518    217,054,085 
Randon SA Implementos e Participacoes, Preference Shares, NVS   2,716,064    5,760,521 
Unipar Carbocloro SA, Class B, Preference Shares, NVS   547,084    7,374,899 
Usinas Siderurgicas de Minas Gerais SA Usiminas, Class A, Preference Shares, NVS   5,467,245    7,565,107 
         854,651,055 
Chile — 0.1%          
Embotelladora Andina SA, Class B, Preference Shares, NVS   4,799,828    12,266,152 
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares   1,310,980    84,484,856 
         96,751,008 
Colombia — 0.0%          
Bancolombia SA, Preference Shares, NVS   4,258,437    24,842,477 
           
Russia — 0.0%          
Surgutneftegas PJSC, Preference Shares, NVS(d)   58,972,077    7,231 
           
South Korea — 0.6%          
Hyundai Motor Co.          
Preference Shares, NVS   204,226    16,200,480 
Security  Shares   Value 
         
South Korea (continued)          
Series 2, Preference Shares, NVS   317,599   $25,227,858 
LG Chem Ltd., Preference Shares, NVS   73,050    19,856,641 
Samsung Electronics Co. Ltd., Preference  Shares, NVS   7,443,638    327,856,618 
         389,141,597 
Total Preferred Stocks — 2.0%          
(Cost: $1,326,688,767)        1,365,393,368 

 

Rights

 

China — 0.0%        
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)   576,845    1 
           
Kuwait — 0.0%          
Kuwait International Bank KSCP, (Expires 06/20/23)   4,944,810    319,954 
           
South Korea — 0.0%          
Intellian Technologies Inc., (Expires 07/13/23, Strike Price KRW 58,300.00)   11,753    85,009 
           
Total Rights — 0.0%          
(Cost: $—)        404,964 
           
Total Long-Term Investments — 99.6%          
(Cost: $65,319,898,251)        67,921,787,338 

 

Short-Term Securities

 

Money Market Funds — 4.5%        
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.29%(f)(g)(h)   3,090,642,897    3,091,261,025 
           
Total Short-Term Securities — 4.5%          
(Cost: $3,090,441,701)        3,091,261,025 
           
Total Investments — 104.1%          
(Cost: $68,410,339,952)        71,013,048,363 
           
Liabilities in Excess of Other Assets — (4.1)%        (2,785,746,698)
           
Net Assets — 100.0%       $68,227,301,665 

 

(a)Non-income producing security.

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

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

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

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

(f)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, 2023  

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at
08/31/22
   Purchases
at Cost
   Proceeds
from Sale
   Net Realized
Gain (Loss)
   Change in
Unrealized
Appreciation
(Depreciation)
   Value at
05/31/23
   Shares
Held at
05/31/23
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares  $2,638,128,613   $453,428,733(a)  $   $86,362   $(382,683)  $3,091,261,025    3,090,642,897   $55,023,645(b)  $ 
BlackRock Cash Funds: Treasury, SL Agency Shares(c)   589,510,000        (589,510,000)(a)                   5,581,722    109 
                  $86,362   $(382,683)  $3,091,261,025        $60,605,367   $109 

 

(a)Represents net amount purchased (sold).

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

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

 

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   5,883   06/16/23  $281,443   $(227,525)

 

Fair Value Hierarchy as of Period End

 

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 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 Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

 

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

 

   Level 1   Level 2   Level 3   Total 
Assets                    
Investments                    
Long-Term Investments                    
Common Stocks  $7,963,589,163   $58,564,229,098   $28,170,745   $66,555,989,006 
Preferred Stocks   976,244,540    389,141,597    7,231    1,365,393,368 
Rights   319,954    85,010        404,964 

 

26

 

Consolidated Schedule of Investments (unaudited) (continued) iShares® Core MSCI Emerging Markets ETF
May 31, 2023  

 

Fair Value Hierarchy as of Period End (continued)

 

   Level 1   Level 2   Level 3   Total 
Short-Term Securities                    
Money Market Funds  $3,091,261,025   $   $   $3,091,261,025 
   $12,031,414,682   $58,953,455,705   $28,177,976   $71,013,048,363 
Derivative Financial Instruments(a)                    
Liabilities                    
Equity Contracts  $(227,525)  $   $   $(227,525)

 

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

 

Portfolio Abbreviation

 

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

 

27