NPORT-EX 2 NPORT_2Q2W_10007907_0523.htm

 

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

 

Security  Shares   Value 
           
Common Stocks          
           
Cayman Islands — 0.1%          
JD Logistics Inc.(a)(b)   208,800   $333,847 
Zai Lab Ltd.(b)   100,920    329,520 
         663,367 
China — 37.2%          
360 Security Technology Inc., Class A   61,699    120,714 
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A   14,300    65,705 
3SBio Inc.(a)   220,000    222,849 
AAC Technologies Holdings Inc.   88,500    181,447 
Advanced Micro-Fabrication Equipment Inc., Class A(b)   4,600    112,096 
AECC Aero-Engine Control Co. Ltd., Class A   9,100    30,393 
AECC Aviation Power Co. Ltd., Class A   20,600    114,994 
Agricultural Bank of China Ltd., Class A   607,200    300,322 
Agricultural Bank of China Ltd., Class H   3,114,000    1,173,489 
Aier Eye Hospital Group Co. Ltd., Class A   52,911    199,614 
Air China Ltd., Class A(b)   80,700    98,858 
Air China Ltd., Class H(b)   176,000    133,776 
Akeso Inc.(a)(b)   52,000    231,605 
Alibaba Group Holding Ltd.(b)   1,823,220    18,145,363 
Alibaba Health Information Technology Ltd.(b)   528,000    313,401 
Aluminum Corp. of China Ltd., Class A   109,200    83,004 
Aluminum Corp. of China Ltd., Class H   472,000    208,878 
Amlogic Shanghai Co. Ltd., Class A(b)   2,875    36,322 
Anhui Conch Cement Co. Ltd., Class A   27,600    97,179 
Anhui Conch Cement Co. Ltd., Class H   137,500    364,998 
Anhui Gujing Distillery Co. Ltd., Class A   3,000    106,336 
Anhui Gujing Distillery Co. Ltd., Class B   9,125    149,519 
ANTA Sports Products Ltd.   140,800    1,439,074 
Apeloa Pharmaceutical Co. Ltd., Class A   100    260 
Asymchem Laboratories Tianjin Co. Ltd., Class A   3,220    59,730 
Autohome Inc., ADR   7,751    221,834 
Avary Holding Shenzhen Co. Ltd., Class A   22,700    80,942 
AVIC Industry-Finance Holdings Co. Ltd., Class A   61,600    33,412 
AviChina Industry & Technology Co. Ltd., Class H   309,000    149,503 
Baidu Inc., Class A(b)   248,342    3,813,078 
Bank of Beijing Co. Ltd., Class A   144,600    96,063 
Bank of Chengdu Co. Ltd., Class A   26,600    46,958 
Bank of China Ltd., Class A   250,800    137,401 
Bank of China Ltd., Class H   8,643,000    3,383,366 
Bank of Communications Co. Ltd., Class A   270,000    221,948 
Bank of Communications Co. Ltd., Class H   968,000    624,118 
Bank of Hangzhou Co. Ltd., Class A   58,600    95,636 
Bank of Jiangsu Co. Ltd., Class A   102,458    106,836 
Bank of Nanjing Co. Ltd., Class A   70,500    83,613 
Bank of Ningbo Co. Ltd., Class A   44,000    152,202 
Bank of Shanghai Co. Ltd., Class A   97,670    84,659 
Baoshan Iron & Steel Co. Ltd., Class A   167,200    138,097 
BBMG Corp., Class A   57,700    17,679 
BeiGene Ltd.(b)   76,575    1,301,598 
Beijing Capital International Airport Co. Ltd., Class H(b)   244,000    170,225 
Beijing Dabeinong Technology Group Co. Ltd., Class A   19,900    17,965 
Beijing Enlight Media Co. Ltd., Class A   19,200    23,779 
Beijing Enterprises Holdings Ltd.   63,000    243,447 
Beijing Enterprises Water Group Ltd.   486,000    119,200 
Beijing Kingsoft Office Software Inc., Class A   3,400    206,313 
Beijing New Building Materials PLC, Class A   11,800    37,667 
Beijing Shiji Information Technology Co. Ltd., Class A   14,974    40,983 
Beijing Tongrentang Co. Ltd., Class A   100    851 
Security  Shares   Value 
           
China (continued)          
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A   4,400   $57,452 
Beijing-Shanghai High Speed Railway Co. Ltd., Class A   217,500    176,329 
Betta Pharmaceuticals Co. Ltd., Class A   5,300    41,972 
Bilibili Inc., Class Z(b)   21,127    332,464 
Bloomage Biotechnology Corp. Ltd., Class A   4,071    50,406 
BOC Aviation Ltd.(a)(c)   26,400    193,843 
BOE Technology Group Co. Ltd., Class A   256,300    143,058 
Bosideng International Holdings Ltd.   374,000    155,278 
BYD Co. Ltd., Class A   11,800    421,737 
BYD Co. Ltd., Class H   108,500    3,276,426 
BYD Electronic International Co. Ltd.   88,000    256,157 
C&D International Investment Group Ltd.   63,000    158,265 
Caitong Securities Co. Ltd., Class A   71,380    74,980 
Cambricon Technologies Corp. Ltd., Class A(b)   3,306    118,073 
Canmax Technologies Co. Ltd., Class A   14,160    66,645 
CGN Power Co. Ltd., Class H(a)   1,232,000    296,091 
Changchun High & New Technology Industry Group Inc., Class A   3,400    76,184 
Changjiang Securities Co. Ltd., Class A   73,000    61,638 
Chaozhou Three-Circle Group Co. Ltd., Class A   18,299    77,501 
Chengxin Lithium Group Co. Ltd., Class A   6,400    27,172 
China Cinda Asset Management Co. Ltd., Class H   855,000    94,963 
China CITIC Bank Corp. Ltd., Class H   930,000    489,543 
China Coal Energy Co. Ltd., Class H   267,000    201,875 
China Communications Services Corp. Ltd., Class H   300,000    142,674 
China Conch Venture Holdings Ltd.   160,000    200,987 
China Construction Bank Corp., Class A   87,800    78,968 
China Construction Bank Corp., Class H   10,529,000    6,735,197 
China CSSC Holdings Ltd., Class A   31,000    125,437 
China Eastern Airlines Corp. Ltd., Class A(b)   89,072    58,455 
China Energy Engineering Corp. Ltd., Class A   221,500    74,680 
China Everbright Bank Co. Ltd., Class A   336,400    148,878 
China Everbright Bank Co. Ltd., Class H   269,000    82,770 
China Everbright Environment Group Ltd.   368,481    144,033 
China Evergrande Group(b)(d)   518,000    45,075 
China Feihe Ltd.(a)   353,000    205,304 
China Galaxy Securities Co. Ltd., Class A   26,400    42,132 
China Galaxy Securities Co. Ltd., Class H   374,000    201,584 
China Gas Holdings Ltd.   334,400    379,247 
China Great Wall Securities Co. Ltd., Class A   62,000    73,641 
China Hongqiao Group Ltd.   280,000    198,712 
China International Capital Corp. Ltd., Class A   100    585 
China International Capital Corp. Ltd., Class H(a)   200,800    367,317 
China Jinmao Holdings Group Ltd.   528,000    75,569 
China Jushi Co. Ltd., Class A   44,800    85,790 
China Lesso Group Holdings Ltd.   141,000    93,230 
China Life Insurance Co. Ltd., Class A   19,200    100,746 
China Life Insurance Co. Ltd., Class H   813,000    1,373,190 
China Literature Ltd.(a)(b)   31,400    118,786 
China Longyuan Power Group Corp. Ltd., Class H   395,000    443,387 
China Medical System Holdings Ltd.   177,000    249,195 
China Meheco Co. Ltd., Class A   17,400    33,738 
China Meidong Auto Holdings Ltd.   62,000    79,791 
China Mengniu Dairy Co. Ltd.   363,000    1,410,852 
China Merchants Bank Co. Ltd., Class A   140,800    639,133 
China Merchants Bank Co. Ltd., Class H   440,331    2,047,606 
China Merchants Energy Shipping Co. Ltd., Class A   61,800    49,541 
China Merchants Port Holdings Co. Ltd.   180,000    261,108 
China Merchants Securities Co. Ltd., Class A   61,670    120,496 


1

 

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

 

Security  Shares   Value 
           
China (continued)          
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A   57,075   $101,831 
China Minsheng Banking Corp. Ltd., Class A   281,500    156,590 
China Minsheng Banking Corp. Ltd., Class H   629,660    249,180 
China National Building Material Co. Ltd., Class H   452,000    255,809 
China National Chemical Engineering Co. Ltd., Class A   37,800    45,411 
China National Nuclear Power Co. Ltd., Class A   141,300    139,734 
China Northern Rare Earth Group High-Tech Co. Ltd., Class A   29,100    97,557 
China Oilfield Services Ltd., Class H   222,000    226,033 
China Overseas Land & Investment Ltd.   441,000    894,941 
China Overseas Property Holdings Ltd.   165,000    151,400 
China Pacific Insurance Group Co. Ltd., Class A   55,200    216,069 
China Pacific Insurance Group Co. Ltd., Class H   271,200    686,457 
China Petroleum & Chemical Corp., Class A   220,800    197,243 
China Petroleum & Chemical Corp., Class H   2,698,600    1,699,342 
China Power International Development Ltd.   544,000    207,193 
China Railway Group Ltd., Class A   158,496    175,948 
China Railway Group Ltd., Class H   407,000    268,187 
China Resources Beer Holdings Co. Ltd.   178,000    1,123,636 
China Resources Cement Holdings Ltd.   298,000    108,528 
China Resources Gas Group Ltd.   101,200    333,186 
China Resources Land Ltd.   373,777    1,399,031 
China Resources Microelectronics Ltd., Class A   11,422    95,410 
China Resources Mixc Lifestyle Services Ltd.(a)   70,800    322,343 
China Resources Pharmaceutical Group Ltd.(a)   175,500    168,489 
China Resources Power Holdings Co. Ltd.   218,000    503,327 
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A   9,090    83,425 
China Ruyi Holdings Ltd.(b)(c)   500,000    111,754 
China Shenhua Energy Co. Ltd., Class A   62,800    249,094 
China Shenhua Energy Co. Ltd., Class H   340,000    1,074,846 
China Southern Airlines Co. Ltd., Class A(b)   97,400    85,826 
China Southern Airlines Co. Ltd., Class H(b)(c)   178,000    102,512 
China State Construction Engineering Corp. Ltd., Class A   283,140    234,724 
China State Construction International Holdings Ltd.   246,000    278,280 
China Taiping Insurance Holdings Co. Ltd.   159,300    165,807 
China Three Gorges Renewables Group Co. Ltd., Class A   220,000    167,776 
China Tourism Group Duty Free Corp. Ltd., Class A   12,900    223,230 
China Tourism Group Duty Free Corp. Ltd., Class H(a)(b)   8,800    140,122 
China Tower Corp. Ltd., Class H(a)   4,752,000    521,920 
China Traditional Chinese Medicine Holdings Co. Ltd.   362,000    174,097 
China United Network Communications Ltd., Class A   224,200    154,984 
China Vanke Co. Ltd., Class A   82,300    164,951 
China Vanke Co. Ltd., Class H   209,900    277,268 
China Yangtze Power Co. Ltd., Class A   158,500    501,142 
China Zhenhua Group Science & Technology Co. Ltd., Class A   3,900    50,534 
China Zheshang Bank Co. Ltd., Class A   175,400    70,734 
Chinasoft International Ltd.   362,000    215,970 
Chongqing Brewery Co. Ltd., Class A   3,199    40,093 
Chongqing Changan Automobile Co. Ltd., Class A   50,412    84,797 
Chongqing Zhifei Biological Products Co. Ltd., Class A   13,000    128,272 
Chow Tai Fook Jewellery Group Ltd.   228,800    404,988 
CITIC Ltd.   616,000    711,194 
CITIC Securities Co. Ltd., Class A   88,090    248,114 
CITIC Securities Co. Ltd., Class H   177,225    326,331 
CMOC Group Ltd., Class A   143,500    105,747 
CMOC Group Ltd., Class H   393,000    205,512 
Contemporary Amperex Technology Co. Ltd., Class A   31,620    983,371 
Security  Shares   Value 
           
China (continued)          
COSCO SHIPPING Energy Transportation Co. Ltd., Class A(b)   300   $472 
COSCO SHIPPING Energy Transportation Co. Ltd., Class H(b)   174,000    146,880 
COSCO SHIPPING Holdings Co. Ltd., Class A   88,650    130,030 
COSCO SHIPPING Holdings Co. Ltd., Class H   352,950    311,011 
COSCO SHIPPING Ports Ltd.   244,000    153,630 
Country Garden Holdings Co. Ltd.(c)   1,320,828    243,393 
Country Garden Services Holdings Co. Ltd.   229,000    266,953 
CRRC Corp. Ltd., Class A   221,100    218,670 
CRRC Corp. Ltd., Class H   456,000    282,371 
CSC Financial Co. Ltd., Class A   35,700    127,291 
CSPC Pharmaceutical Group Ltd.   1,057,200    921,069 
Dajin Heavy Industry Co. Ltd., Class A   8,700    40,559 
Dali Foods Group Co. Ltd.(a)   222,000    74,050 
Daqin Railway Co. Ltd., Class A   101,900    109,351 
Daqo New Energy Corp., ADR(b)(c)   6,606    237,486 
DHC Software Co. Ltd., Class A   36,700    37,998 
Dong-E-E-Jiao Co. Ltd., Class A   9,100    63,011 
Dongfang Electric Corp. Ltd., Class A   24,300    61,436 
Dongfeng Motor Group Co. Ltd., Class H   360,000    155,899 
Dongxing Securities Co. Ltd., Class A   300    345 
Dongyue Group Ltd.   181,000    158,290 
East Money Information Co. Ltd., Class A   106,098    209,294 
Ecovacs Robotics Co. Ltd., Class A   3,600    35,020 
ENN Energy Holdings Ltd.   88,100    1,025,987 
ENN Natural Gas Co. Ltd., Class A   26,400    71,791 
Eve Energy Co. Ltd., Class A   15,400    138,622 
Everbright Securities Co. Ltd., Class A   35,200    78,330 
Fangda Carbon New Material Co. Ltd., Class A(b)   44,440    39,453 
Far East Horizon Ltd.   97,000    81,279 
First Capital Securities Co. Ltd., Class A   91,200    75,216 
Flat Glass Group Co. Ltd., Class A   11,800    53,524 
Flat Glass Group Co. Ltd., Class H   51,000    143,417 
Focus Media Information Technology Co. Ltd., Class A   110,200    99,509 
Foshan Haitian Flavouring & Food Co. Ltd., Class A   28,374    241,290 
Fosun International Ltd.   266,500    175,767 
Foxconn Industrial Internet Co. Ltd., Class A   70,600    179,077 
Fuyao Glass Industry Group Co. Ltd., Class A   100    456 
Fuyao Glass Industry Group Co. Ltd., Class H(a)   74,400    270,952 
Ganfeng Lithium Co. Ltd., Class H(a)(c)   41,280    261,293 
Ganfeng Lithium Group Co. Ltd., Class A   13,520    118,024 
G-Bits Network Technology Xiamen Co. Ltd., Class A   1,000    78,664 
GCL-Poly Energy Holdings Ltd.(b)   2,288,000    496,865 
GD Power Development Co. Ltd., Class A(b)   124,000    71,057 
GDS Holdings Ltd., Class A(b)   97,168    118,809 
Geely Automobile Holdings Ltd.   710,000    827,146 
GEM Co. Ltd., Class A   63,900    59,944 
Gemdale Corp., Class A   300    306 
Genscript Biotech Corp.(b)(c)   122,000    270,505 
GF Securities Co. Ltd., Class A   57,800    121,118 
GF Securities Co. Ltd., Class H   95,800    133,219 
GigaDevice Semiconductor Inc., Class A   5,000    77,818 
Ginlong Technologies Co. Ltd., Class A(b)   2,800    39,302 
GoerTek Inc., Class A   29,500    76,156 
Gotion High-tech Co. Ltd., Class A   20,400    76,283 
Great Wall Motor Co. Ltd., Class A   26,600    84,433 
Great Wall Motor Co. Ltd., Class H   224,500    230,745 
Gree Electric Appliances Inc. of Zhuhai, Class A   26,400    122,464 
Greentown China Holdings Ltd.   104,500    98,196 


2

 

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

 

Security  Shares   Value 
           
China (continued)          
Greentown Service Group Co. Ltd.   184,000   $99,524 
Guangdong Haid Group Co. Ltd., Class A   11,600    75,323 
Guangdong Investment Ltd.   360,000    306,786 
Guanghui Energy Co. Ltd., Class A   55,500    56,574 
Guangzhou Automobile Group Co. Ltd., Class A   53,100    76,034 
Guangzhou Automobile Group Co. Ltd., Class H   268,800    154,243 
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A   18,400    92,865 
Guangzhou Haige Communications Group Inc. Co., Class A   35,200    49,565 
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A   5,000    43,595 
Guangzhou Tinci Materials Technology Co. Ltd., Class A   17,600    101,206 
Guosen Securities Co. Ltd., Class A   500    647 
Guotai Junan Securities Co. Ltd., Class A   70,800    147,171 
Guoyuan Securities Co. Ltd., Class A   44,240    41,665 
H World Group Ltd., ADR(b)   20,926    766,310 
Haidilao International Holding Ltd.(a)(b)   218,000    459,177 
Haier Smart Home Co. Ltd., Class A   61,500    185,611 
Haier Smart Home Co. Ltd., Class H   246,400    704,758 
Hainan Airport Infrastructure Co. Ltd.   87,000    54,029 
Haitian International Holdings Ltd.   90,000    204,511 
Haitong Securities Co. Ltd., Class A   97,600    129,005 
Haitong Securities Co. Ltd., Class H   246,400    163,657 
Hangzhou First Applied Material Co. Ltd., Class A   17,264    74,331 
Hangzhou Robam Appliances Co. Ltd., Class A   8,900    29,217 
Hangzhou Silan Microelectronics Co. Ltd., Class A   13,500    60,573 
Hangzhou Tigermed Consulting Co. Ltd., Class A   6,600    75,073 
Hangzhou Tigermed Consulting Co. Ltd., Class H(a)   8,800    65,839 
Hansoh Pharmaceutical Group Co. Ltd.(a)   116,000    193,070 
Henan Shuanghui Investment & Development Co. Ltd., Class A   28,656    99,014 
Hengan International Group Co. Ltd.   70,000    297,607 
Hengli Petrochemical Co. Ltd., Class A   70,100    155,468 
Hengyi Petrochemical Co. Ltd., Class A   52,890    49,827 
Hesteel Co. Ltd., Class A   103,000    33,164 
Hithink RoyalFlush Information Network Co. Ltd., Class A   6,000    135,636 
Hongfa Technology Co. Ltd., Class A   5,840    24,837 
Hoshine Silicon Industry Co. Ltd., Class A   8,800    83,297 
Hua Hong Semiconductor Ltd.(a)(b)   90,000    291,377 
Huadian Power International Corp. Ltd., Class A   90,000    90,138 
Huadong Medicine Co. Ltd., Class A   17,772    97,274 
Hualan Biological Engineering Inc., Class A   200    632 
Huaneng Power International Inc., Class A(b)   71,600    102,446 
Huaneng Power International Inc., Class H(b)   384,000    246,811 
Huatai Securities Co. Ltd., Class A   70,500    133,997 
Huatai Securities Co. Ltd., Class H(a)   125,600    157,127 
Huaxi Securities Co. Ltd., Class A   35,900    41,902 
Huaxia Bank Co. Ltd., Class A   122,900    99,771 
Huayu Automotive Systems Co. Ltd., Class A   29,300    71,886 
Huizhou Desay Sv Automotive Co. Ltd., Class A   4,100    65,492 
Hunan Valin Steel Co. Ltd., Class A   68,400    46,730 
Hundsun Technologies Inc., Class A   11,575    69,049 
Hygeia Healthcare Holdings Co. Ltd.(a)(b)(c)   42,600    249,954 
Iflytek Co. Ltd., Class A   21,100    177,146 
Imeik Technology Development Co. Ltd., Class A   1,500    95,085 
Industrial & Commercial Bank of China Ltd., Class A   449,100    304,719 
Industrial & Commercial Bank of China Ltd., Class H   6,175,000    3,297,698 
Industrial Bank Co. Ltd., Class A   132,200    307,564 
Industrial Securities Co. Ltd., Class A   79,640    68,475 
Ingenic Semiconductor Co. Ltd., Class A   3,600    47,795 
Security  Shares   Value 
           
China (continued)          
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A   369,600   $95,063 
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A   125,700    77,531 
Inner Mongolia Yili Industrial Group Co. Ltd., Class A   44,100    178,750 
Inner Mongolia Yitai Coal Co. Ltd., Class B.   114,400    147,586 
Innovent Biologics Inc.(a)(b)   120,000    562,986 
Inspur Electronic Information Industry Co. Ltd., Class A   8,500    53,173 
iQIYI Inc., ADR(b)(c)   48,137    195,436 
JA Solar Technology Co. Ltd., Class A   27,488    139,229 
JCET Group Co. Ltd., Class A   12,500    54,749 
JD Health International Inc.(a)(b)   121,500    749,426 
JD.com Inc., Class A   258,044    4,203,950 
Jiangsu Eastern Shenghong Co. Ltd., Class A   53,300    87,193 
Jiangsu Expressway Co. Ltd., Class H   186,000    179,958 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   12,620    96,788 
Jiangsu Hengrui Medicine Co. Ltd., Class A   47,376    303,163 
Jiangsu King’s Luck Brewery JSC Ltd., Class A   8,900    69,690 
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A   11,303    213,608 
Jiangsu Yangnong Chemical Co. Ltd., Class A   2,300    26,814 
Jiangsu Zhongtian Technology Co. Ltd., Class A   28,100    57,325 
Jiangxi Copper Co. Ltd., Class A   41,000    106,618 
Jiangxi Copper Co. Ltd., Class H   104,000    156,698 
Jinko Solar Co. Ltd., Class A   50,790    90,844 
JiuGui Liquor Co. Ltd., Class A   2,400    32,031 
Jiumaojiu International Holdings Ltd.(a)   92,000    157,747 
Joincare Pharmaceutical Group Industry Co. Ltd., Class A   35,729    68,906 
Jointown Pharmaceutical Group Co. Ltd., Class A   28,600    65,287 
JOYY Inc., ADR   5,155    127,844 
Juneyao Airlines Co. Ltd., Class A(b)   26,100    57,574 
Kanzhun Ltd., ADR(b)   20,152    279,508 
KE Holdings Inc., ADR(b)   72,751    1,035,974 
Kingboard Holdings Ltd.   88,000    237,109 
Kingboard Laminates Holdings Ltd.   89,000    81,449 
Kingdee International Software Group Co. Ltd.(b)   303,000    402,804 
Kingsoft Corp. Ltd.   108,200    393,358 
Koolearn Technology Holding Ltd.(a)(b)(c)   44,000    163,602 
Kuaishou Technology(a)(b)   258,500    1,754,128 
Kunlun Energy Co. Ltd.   460,000    366,917 
Kunlun Tech Co. Ltd., Class A   8,700    70,128 
Kweichow Moutai Co. Ltd., Class A   8,318    1,906,304 
LB Group Co. Ltd., Class A   24,100    53,163 
Legend Biotech Corp., ADR(b)   6,314    405,169 
Lenovo Group Ltd.   712,000    669,322 
Lens Technology Co. Ltd., Class A   26,500    43,313 
Lepu Medical Technology Beijing Co. Ltd., Class A   22,800    79,033 
Li Auto Inc., Class A(b)   120,548    1,749,193 
Li Ning Co. Ltd.   269,500    1,448,029 
Longfor Group Holdings Ltd.(a)(c)   220,500    424,630 
LONGi Green Energy Technology Co. Ltd., Class A   53,056    214,754 
Lufax Holding Ltd., ADR.   77,352    99,011 
Luxshare Precision Industry Co. Ltd., Class A   52,941    203,125 
Luzhou Laojiao Co. Ltd., Class A   10,900    313,213 
Mango Excellent Media Co. Ltd., Class A   17,700    72,842 
Maxscend Microelectronics Co. Ltd., Class A   5,120    63,784 
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A(b)   50,184    44,981 
Meituan, Class B(a)(b)   554,950    7,792,207 
Metallurgical Corp. of China Ltd., Class A   184,800    104,629 
Microport Scientific Corp.(b)(c)   96,800    166,514 
Ming Yang Smart Energy Group Ltd., Class A   14,900    36,763 


3

 

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

 

Security  Shares   Value 
           
China (continued)          
MINISO Group Holding Ltd., ADR   10,575   $160,740 
Minth Group Ltd.   76,000    190,126 
Montage Technology Co. Ltd., Class A   8,400    75,244 
Muyuan Foods Co. Ltd., Class A   39,611    223,070 
NARI Technology Co. Ltd., Class A   46,328    178,471 
NAURA Technology Group Co. Ltd., Class A   3,400    145,086 
NavInfo Co. Ltd., Class A   31,327    51,659 
NetEase Inc.   220,100    3,743,646 
New China Life Insurance Co. Ltd., Class A   200    1,034 
New China Life Insurance Co. Ltd., Class H   119,200    308,310 
New Hope Liuhe Co. Ltd., Class A(b)   41,700    66,083 
New Oriental Education & Technology Group Inc.(b)   167,460    633,306 
Nine Dragons Paper Holdings Ltd.   176,000    97,608 
Ninestar Corp., Class A   9,800    53,859 
Ningbo Deye Technology Co. Ltd., Class A, NVS   2,700    51,389 
Ningbo Orient Wires & Cables Co. Ltd., Class A   8,800    60,590 
Ningbo Ronbay New Energy Technology Co. Ltd., Class A   4,496    36,346 
Ningbo Shanshan Co. Ltd., Class A   24,000    49,755 
Ningbo Tuopu Group Co. Ltd., Class A   9,300    75,969 
Ningxia Baofeng Energy Group Co. Ltd., Class A   61,700    105,333 
NIO Inc., ADR(b)   152,073    1,145,110 
Nongfu Spring Co. Ltd., Class H(a)   189,200    1,014,412 
Oppein Home Group Inc., Class A   3,800    50,623 
Orient Overseas International Ltd.   14,500    176,653 
Orient Securities Co. Ltd., Class A   53,044    73,704 
Ovctek China Inc., Class A   9,000    35,355 
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A(b)   70,400    39,383 
People’s Insurance Co. Group of China Ltd. (The), Class A   300    258 
People’s Insurance Co. Group of China Ltd. (The), Class H   1,057,000    399,665 
Perfect World Co. Ltd., Class A   18,196    46,963 
PetroChina Co. Ltd., Class A   149,600    157,584 
PetroChina Co. Ltd., Class H   2,324,000    1,502,208 
Pharmaron Beijing Co. Ltd., Class A   9,700    62,990 
Pharmaron Beijing Co. Ltd., Class H(a)   17,600    65,002 
PICC Property & Casualty Co. Ltd., Class H   792,740    945,668 
Pinduoduo Inc., ADR(b)   55,761    3,642,309 
Ping An Bank Co. Ltd., Class A   137,936    225,085 
Ping An Healthcare and Technology Co. Ltd.(a)(b)   55,400    128,151 
Ping An Insurance Group Co. of China Ltd., Class A   79,100    522,417 
Ping An Insurance Group Co. of China Ltd., Class H   686,500    4,356,656 
Poly Developments and Holdings Group Co. Ltd., Class A   91,800    164,367 
Pop Mart International Group Ltd.(a)(c)   60,000    131,924 
Postal Savings Bank of China Co. Ltd., Class A   246,000    177,630 
Postal Savings Bank of China Co. Ltd., Class H(a)   815,000    512,071 
Power Construction Corp. of China Ltd., Class A   123,600    115,111 
Pylon Technologies Co. Ltd., Class A, NVS   1,361    37,777 
Qifu Technology Inc.   13,313    183,054 
Qinghai Salt Lake Industry Co. Ltd., Class A(b)   44,100    116,489 
Rongsheng Petrochemical Co. Ltd., Class A   67,328    109,793 
SAIC Motor Corp. Ltd., Class A   62,622    118,076 
Sanan Optoelectronics Co. Ltd., Class A   34,800    96,568 
Sany Heavy Equipment International Holdings Co. Ltd.   151,000    199,237 
Sany Heavy Industry Co. Ltd., Class A   53,000    109,396 
Satellite Chemical Co. Ltd., Class A   26,412    47,037 
SDIC Capital Co. Ltd., Class A   60,900    63,234 
SDIC Power Holdings Co. Ltd., Class A   52,200    96,739 
Seazen Holdings Co. Ltd., Class A(b)   20,100    39,503 
SF Holding Co. Ltd., Class A   35,500    236,387 
Security  Shares   Value 
           
China (continued)          
SG Micro Corp., Class A   2,700   $41,139 
Shaanxi Coal Industry Co. Ltd., Class A   70,573    166,217 
Shan Xi Hua Yang Group New Energy Co. Ltd., Class A   26,400    46,291 
Shandong Buchang Pharmaceuticals Co. Ltd., Class A   8,953    28,542 
Shandong Gold Mining Co. Ltd., Class A   44,060    156,542 
Shandong Gold Mining Co. Ltd., Class H(a)   66,000    125,986 
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A   23,700    97,139 
Shandong Linglong Tyre Co. Ltd., Class A   17,605    52,700 
Shandong Nanshan Aluminum Co. Ltd., Class A   132,100    55,870 
Shandong Weigao Group Medical Polymer Co. Ltd., Class H   270,000    398,671 
Shanghai Aiko Solar Energy Co. Ltd., Class A(b)   8,700    42,136 
Shanghai Baosight Software Co. Ltd., Class A   10,650    79,360 
Shanghai Baosight Software Co. Ltd., Class B   53,180    176,808 
Shanghai Electric Group Co. Ltd., Class A(b)   115,400    78,301 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A   100    438 
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H   56,500    153,889 
Shanghai Fudan Microelectronics Group Co. Ltd., Class H   35,000    93,969 
Shanghai International Airport Co. Ltd., Class A(b)   9,500    62,222 
Shanghai International Port Group Co. Ltd., Class A   67,300    49,824 
Shanghai Jinjiang International Hotels Co. Ltd., Class A   9,656    63,630 
Shanghai Junshi Biosciences Co. Ltd., Class A(b)   5,200    33,193 
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B   128,816    76,927 
Shanghai M&G Stationery Inc., Class A   6,900    41,216 
Shanghai Pharmaceuticals Holding Co. Ltd., Class A   300    989 
Shanghai Pharmaceuticals Holding Co. Ltd., Class H   107,600    214,443 
Shanghai Pudong Development Bank Co. Ltd., Class A   194,100    200,476 
Shanghai Putailai New Energy Technology Co. Ltd., Class A   13,875    69,173 
Shanghai RAAS Blood Products Co. Ltd., Class A   87,000    82,144 
Shanghai Rural Commercial Bank Co. Ltd.   78,600    65,161 
Shanxi Coal International Energy Group Co. Ltd.   17,400    32,955 
Shanxi Coking Coal Energy Group Co. Ltd., Class A   51,680    71,509 
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A   26,400    69,378 
Shanxi Meijin Energy Co. Ltd., Class A   55,700    56,102 
Shanxi Securities Co. Ltd., Class A   79,730    65,191 
Shanxi Taigang Stainless Steel Co. Ltd., Class A   103,000    57,638 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A   9,320    275,166 
Shennan Circuits Co. Ltd., Class A   3,800    41,811 
Shenwan Hongyuan Group Co. Ltd., Class A   198,900    131,933 
Shenzhen Dynanonic Co. Ltd., Class A   1,920    29,683 
Shenzhen Energy Group Co. Ltd., Class A   79,620    77,319 
Shenzhen Inovance Technology Co. Ltd., Class A   18,050    149,928 
Shenzhen International Holdings Ltd.(c)   175,500    139,133 
Shenzhen Kangtai Biological Products Co. Ltd., Class A   18,620    72,746 
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A   9,000    380,590 
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A   8,500    71,549 
Shenzhen Overseas Chinese Town Co. Ltd., Class A   79,200    52,948 
Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A   100    493 
Shenzhen Senior Technology Co. Ltd., Class A   17,400    39,556 
Shenzhen Transsion Holding Co. Ltd., Class A   6,147    108,372 
Shenzhou International Group Holdings Ltd.   90,200    730,384 
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A   13,220    53,336 
Shimao Group Holdings Ltd.(b)(c)(d)   92,601    15,274 
Sichuan Chuantou Energy Co. Ltd., Class A   49,400    103,368 
Sichuan Kelun Pharmaceutical Co. Ltd., Class A   18,700    81,323 
Sichuan New Energy Power Co. Ltd., Class A(b)   17,400    34,251 


4

 

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

 

Security  Shares   Value 
           
China (continued)          
Sichuan Road & Bridge Co. Ltd., Class A   33,200   $70,912 
Sichuan Swellfun Co. Ltd., Class A   3,700    30,337 
Sino Biopharmaceutical Ltd.   1,146,250    546,436 
Sinoma International Engineering Co.   26,100    48,773 
Sinoma Science & Technology Co. Ltd., Class A   17,400    47,477 
Sinopharm Group Co. Ltd., Class H   154,400    506,133 
Smoore International Holdings Ltd.(a)(c)   205,000    206,880 
Songcheng Performance Development Co. Ltd., Class A   30,800    55,030 
SooChow Securities Co. Ltd., Class A   79,136    79,908 
StarPower Semiconductor Ltd., Class A   1,300    39,829 
Sungrow Power Supply Co. Ltd., Class A   11,700    181,038 
Sunny Optical Technology Group Co. Ltd.   79,400    747,392 
Sunwoda Electronic Co. Ltd., Class A   18,800    42,099 
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A   200    714 
Suzhou Maxwell Technologies Co. Ltd., Class A   2,080    46,222 
TAL Education Group, ADR(b)   47,960    260,423 
TBEA Co. Ltd., Class A   24,400    76,705 
TCL Technology Group Corp., Class A   155,370    84,318 
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A   22,500    117,445 
Tencent Holdings Ltd.   684,900    27,104,448 
Tencent Music Entertainment Group, ADR(b)   80,199    556,581 
Thunder Software Technology Co. Ltd., Class A   3,200    43,956 
Tianma Microelectronics Co. Ltd., Class A(b)   200    272 
Tianqi Lithium Corp., Class A(b)   9,900    100,185 
Tingyi Cayman Islands Holding Corp.   232,000    347,532 
Toly Bread Co. Ltd., Class A   11,202    16,446 
Tongcheng Travel Holdings Ltd.(b)   128,400    256,309 
Tongling Nonferrous Metals Group Co. Ltd., Class A   134,800    55,001 
Tongwei Co. Ltd., Class A   35,500    170,171 
Topsports International Holdings Ltd.(a)   188,000    146,081 
TravelSky Technology Ltd., Class H   106,000    193,376 
Trina Solar Co. Ltd., Class A   17,400    96,132 
Trip.com Group Ltd.(b)   60,747    1,934,724 
Tsingtao Brewery Co. Ltd., Class A   8,464    113,212 
Tsingtao Brewery Co. Ltd., Class H   62,000    533,790 
Unigroup Guoxin Microelectronics Co. Ltd., Class A   6,159    79,775 
Uni-President China Holdings Ltd.   187,000    162,517 
Unisplendour Corp. Ltd., Class A   26,480    121,433 
Vinda International Holdings Ltd.   48,000    115,543 
Vipshop Holdings Ltd., ADR(b)   39,248    562,031 
Walvax Biotechnology Co. Ltd., Class A   13,800    56,057 
Wanhua Chemical Group Co. Ltd., Class A   21,100    243,932 
Want Want China Holdings Ltd.   528,000    353,404 
Weibo Corp., ADR(b)   7,155    99,955 
Weichai Power Co. Ltd., Class A   53,124    86,304 
Weichai Power Co. Ltd., Class H   214,200    290,824 
Wens Foodstuffs Group Co. Ltd., Class A   53,160    125,692 
Western Securities Co. Ltd., Class A   83,300    75,865 
Will Semiconductor Co. Ltd. Shanghai, Class A   10,130    142,147 
Wingtech Technology Co. Ltd., Class A   11,500    80,609 
Wuhan Guide Infrared Co. Ltd., Class A   30,789    44,426 
Wuliangye Yibin Co. Ltd., Class A   26,900    610,404 
WuXi AppTec Co. Ltd., Class A   26,304    240,388 
WuXi AppTec Co. Ltd., Class H(a)   32,996    271,394 
Wuxi Biologics Cayman Inc.(a)(b)   412,500    2,111,907 
XCMG Construction Machinery Co. Ltd., Class A   88,400    74,343 
Xiamen C & D Inc., Class A   19,900    32,470 
Xiamen Faratronic Co. Ltd.   1,700    32,013 
Security  Shares   Value 
           
China (continued)          
Xiaomi Corp., Class B(a)(b)   1,690,800   $2,232,914 
Xinjiang Daqo New Energy Co. Ltd., Class A   14,616    87,689 
Xinjiang Goldwind Science & Technology Co. Ltd., Class A   35,502    54,291 
Xinyi Solar Holdings Ltd.   570,000    563,055 
XPeng Inc.(b)   115,452    457,566 
Xtep International Holdings Ltd.   176,000    176,903 
Yadea Group Holdings Ltd.(a)   122,000    243,143 
Yankuang Energy Group Co. Ltd., Class A   9,400    35,823 
Yankuang Energy Group Co. Ltd., Class H   182,000    461,457 
Yantai Jereh Oilfield Services Group Co. Ltd., Class A   11,800    40,445 
Yealink Network Technology Corp. Ltd., Class A   6,700    49,878 
Yifeng Pharmacy Chain Co. Ltd., Class A   100    697 
Yihai International Holding Ltd.   55,000    122,033 
Yihai Kerry Arawana Holdings Co. Ltd., Class A   18,700    105,762 
Yintai Gold Co. Ltd., Class A   26,400    48,032 
YongXing Special Materials Technology Co. Ltd., Class A   3,900    34,684 
Yonyou Network Technology Co. Ltd., Class A   26,418    73,765 
Youngy Co. Ltd., Class A(b)   1,900    16,428 
YTO Express Group Co. Ltd., Class A   24,000    51,903 
Yuexiu Property Co. Ltd.   176,600    191,304 
Yum China Holdings Inc.   45,918    2,592,530 
Yunda Holding Co. Ltd., Class A   12,480    20,006 
Yunnan Baiyao Group Co. Ltd., Class A   15,580    117,900 
Yunnan Botanee Bio-Technology Group Co. Ltd., Class A   2,100    27,235 
Yunnan Energy New Material Co. Ltd., Class A(b)   5,600    71,654 
Zangge Mining Co. Ltd., Class A   17,600    56,819 
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A   3,800    162,440 
Zhaojin Mining Industry Co. Ltd., Class H(b)   132,000    187,975 
Zhejiang China Commodities City Group Co. Ltd., Class A   34,800    40,241 
Zhejiang Chint Electrics Co. Ltd., Class A   18,800    69,039 
Zhejiang Dahua Technology Co. Ltd., Class A   38,600    107,696 
Zhejiang Expressway Co. Ltd., Class H   208,000    154,048 
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A   19,100    49,510 
Zhejiang Huayou Cobalt Co. Ltd., Class A   13,120    85,272 
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A   8,800    85,272 
Zhejiang Juhua Co. Ltd., Class A   35,200    65,034 
Zhejiang NHU Co. Ltd., Class A   26,860    56,982 
Zhejiang Supcon Technology Co. Ltd., Class A   3,659    53,161 
Zhejiang Weiming Environment Protection Co. Ltd., Class A   17,400    44,275 
Zheshang Securities Co. Ltd., Class A   400    562 
ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)   79,200    223,047 
Zhongji Innolight Co. Ltd., Class A   8,700    131,406 
Zhongsheng Group Holdings Ltd.   70,000    258,348 
Zhongtai Securities Co. Ltd., Class A   600    574 
Zhuzhou CRRC Times Electric Co. Ltd.   67,400    283,639 
Zijin Mining Group Co. Ltd., Class A   208,500    313,469 
Zijin Mining Group Co. Ltd., Class H   530,000    720,882 
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A   74,100    65,956 
ZTE Corp., Class A   26,400    130,624 
ZTE Corp., Class H   78,560    241,215 
ZTO Express Cayman Inc., ADR   46,317    1,169,041 
         210,141,090 
Hong Kong — 0.0%          
China Renewable Energy Investment Ltd.(d)   2,513     


5

 

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

 

Security  Shares   Value 
           
India — 18.2%          
ABB India Ltd.   6,864   $342,028 
ACC Ltd.   7,414    159,120 
Adani Enterprises Ltd.   19,291    580,671 
Adani Green Energy Ltd.(b)   33,332    392,688 
Adani Ports & Special Economic Zone Ltd.   56,027    499,602 
Adani Power Ltd.(b)   78,157    235,436 
Ambuja Cements Ltd.(b)   66,793    341,349 
Apollo Hospitals Enterprise Ltd.   11,440    638,440 
Asian Paints Ltd.   42,308    1,630,022 
AU Small Finance Bank Ltd.(a)   17,618    165,181 
Aurobindo Pharma Ltd.   27,722    220,542 
Avenue Supermarts Ltd.(a)(b)   18,102    758,074 
Axis Bank Ltd.   248,906    2,746,891 
Bajaj Auto Ltd.   7,398    407,936 
Bajaj Finance Ltd.   30,055    2,534,664 
Bajaj Finserv Ltd.   42,578    745,462 
Bajaj Holdings & Investment Ltd.   2,904    254,827 
Balkrishna Industries Ltd.   9,347    256,700 
Bandhan Bank Ltd.(a)(b)   77,086    249,222 
Bank of Baroda   108,554    242,180 
Berger Paints India Ltd.   28,316    222,305 
Bharat Electronics Ltd.   403,648    546,635 
Bharat Forge Ltd.   29,229    279,074 
Bharat Petroleum Corp. Ltd.   82,934    364,151 
Bharti Airtel Ltd.   247,441    2,539,868 
Britannia Industries Ltd.   12,066    678,973 
CG Power and Industrial Solutions Ltd.   65,280    309,732 
Cholamandalam Investment and Finance Co. Ltd.   46,228    586,515 
Cipla Ltd.   55,944    644,065 
Coal India Ltd.   169,133    492,617 
Colgate-Palmolive India Ltd.   12,848    246,944 
Container Corp. of India Ltd.   31,328    253,791 
Dabur India Ltd.   69,773    467,928 
Divi’s Laboratories Ltd.   13,080    544,011 
DLF Ltd.   69,101    396,090 
Dr. Reddy’s Laboratories Ltd.   11,928    650,114 
Eicher Motors Ltd.   14,888    660,075 
GAIL India Ltd.   248,892    315,067 
Godrej Consumer Products Ltd.(b)   45,081    576,241 
Godrej Properties Ltd.(b)   14,649    245,858 
Grasim Industries Ltd.   29,514    611,931 
Havells India Ltd.   27,039    426,871 
HCL Technologies Ltd.   103,640    1,431,811 
HDFC Life Insurance Co. Ltd.(a)   107,894    771,015 
Hero MotoCorp Ltd.   12,271    408,922 
Hindalco Industries Ltd.   140,673    688,767 
Hindustan Aeronautics Ltd.   8,749    329,632 
Hindustan Petroleum Corp. Ltd.   63,650    200,618 
Hindustan Unilever Ltd.   90,902    2,929,439 
Housing Development Finance Corp. Ltd.   192,257    6,126,416 
ICICI Bank Ltd.   564,360    6,453,822 
ICICI Lombard General Insurance Co. Ltd.(a)   26,276    374,849 
ICICI Prudential Life Insurance Co. Ltd.(a)   36,402    204,769 
Indian Hotels Co. Ltd. (The)   96,272    452,951 
Indian Oil Corp. Ltd.   304,066    330,581 
Indian Railway Catering & Tourism Corp. Ltd.   26,488    207,643 
Indraprastha Gas Ltd.   33,879    196,550 
Info Edge India Ltd.   7,858    386,191 
Infosys Ltd.   365,449    5,809,554 
InterGlobe Aviation Ltd.(a)(b)   14,669    420,520 
Security  Shares   Value 
           
India (continued)          
ITC Ltd.   331,779   $1,784,582 
Jindal Steel & Power Ltd.   40,240    251,380 
JSW Steel Ltd.   67,580    568,300 
Jubilant Foodworks Ltd.   45,323    264,297 
Kotak Mahindra Bank Ltd.   117,908    2,864,201 
Larsen & Toubro Infotech Ltd.(a)   9,875    595,066 
Larsen & Toubro Ltd.   75,266    2,003,176 
Lupin Ltd.   24,122    234,275 
Mahindra & Mahindra Ltd.   102,760    1,636,257 
Marico Ltd.   56,294    369,148 
Maruti Suzuki India Ltd.   14,772    1,670,863 
Max Healthcare Institute Ltd.(b)   83,857    556,922 
Mphasis Ltd.   7,938    186,411 
MRF Ltd.   195    228,922 
Muthoot Finance Ltd.   14,467    194,870 
Nestle India Ltd.   3,670    960,929 
NTPC Ltd.   471,251    988,282 
Oil & Natural Gas Corp. Ltd.   328,888    615,021 
Page Industries Ltd.   657    307,641 
Petronet LNG Ltd.   76,708    209,116 
PI Industries Ltd.   8,679    379,217 
Pidilite Industries Ltd.   17,186    541,249 
Power Grid Corp. of India Ltd.   375,030    1,059,107 
Reliance Industries Ltd.   334,888    9,984,638 
Samvardhana Motherson International Ltd.   255,552    243,810 
SBI Cards & Payment Services Ltd.   30,390    336,500 
SBI Life Insurance Co. Ltd.(a)   50,032    745,809 
Shree Cement Ltd.   1,063    323,014 
Shriram Transport Finance Co. Ltd.   25,285    427,297 
Siemens Ltd.   9,159    392,634 
Sona Blw Precision Forgings Ltd.(a)   31,943    209,094 
SRF Ltd.   15,895    483,422 
State Bank of India   196,506    1,374,209 
Sun Pharmaceutical Industries Ltd.   105,738    1,246,735 
Tata Consultancy Services Ltd.   100,316    3,982,446 
Tata Consumer Products Ltd.   62,823    606,026 
Tata Elxsi Ltd.   3,612    323,482 
Tata Motors Ltd.(b)   188,518    1,197,260 
Tata Power Co. Ltd. (The)   157,191    404,981 
Tata Steel Ltd.   800,273    1,022,641 
Tech Mahindra Ltd.   58,628    788,940 
Titan Co. Ltd.   38,857    1,324,664 
Torrent Pharmaceuticals Ltd.   11,005    243,920 
Trent Ltd.   20,256    381,670 
Tube Investments of India Ltd.   13,093    452,713 
TVS Motor Co. Ltd.   26,898    423,009 
UltraTech Cement Ltd.   12,461    1,183,348 
United Spirits Ltd.(b)   32,035    341,598 
UPL Ltd.   55,146    456,047 
Varun Beverages Ltd.   25,960    531,070 
Vedanta Ltd.   81,090    272,375 
Wipro Ltd.   146,113    713,277 
Yes Bank Ltd.(b)   1,407,298    275,252 
Zomato Ltd.(b)   440,092    366,625 
         102,711,679 
Indonesia — 2.6%          
Adaro Energy Indonesia Tbk PT   1,591,500    216,269 
Aneka Tambang Tbk   1,029,900    130,093 
Astra International Tbk PT   2,244,000    964,071 
Bank Central Asia Tbk PT   6,117,200    3,691,286 


6

 

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

 

Security  Shares   Value 
           
Indonesia (continued)          
Bank Mandiri Persero Tbk PT   4,140,200   $1,397,078 
Bank Negara Indonesia Persero Tbk PT   793,900    478,893 
Bank Rakyat Indonesia Persero Tbk PT   7,534,577    2,799,759 
Barito Pacific Tbk PT   3,077,893    155,979 
Charoen Pokphand Indonesia Tbk PT   763,400    252,097 
GoTo Gojek Tokopedia Tbk PT(b)   90,142,300    882,467 
Indah Kiat Pulp & Paper Tbk PT   309,600    142,375 
Indofood CBP Sukses Makmur Tbk PT   237,700    185,442 
Indofood Sukses Makmur Tbk PT   465,500    220,434 
Kalbe Farma Tbk PT   2,317,000    313,795 
Merdeka Copper Gold Tbk PT(b)   1,361,866    272,353 
Sarana Menara Nusantara Tbk PT   2,287,700    151,030 
Semen Indonesia Persero Tbk PT   353,925    136,800 
Sumber Alfaria Trijaya Tbk PT   1,883,200    331,528 
Telkom Indonesia Persero Tbk PT   5,482,100    1,480,087 
Unilever Indonesia Tbk PT   794,000    239,870 
United Tractors Tbk PT   165,000    244,986 
Vale Indonesia Tbk PT   308,600    129,549 
         14,816,241 
Malaysia — 1.8%          
AMMB Holdings Bhd   198,300    156,315 
Axiata Group Bhd   311,700    187,599 
CIMB Group Holdings Bhd   701,300    732,069 
Dialog Group Bhd   361,778    169,166 
DiGi.Com Bhd   413,100    400,064 
Gamuda Bhd   193,900    186,534 
Genting Bhd   214,000    194,575 
Genting Malaysia Bhd   347,400    188,818 
HAP Seng Consolidated Bhd   9,100    7,138 
Hong Leong Bank Bhd   71,600    300,383 
Hong Leong Financial Group Bhd   26,500    99,443 
IHH Healthcare Bhd   233,900    292,386 
Inari Amertron Bhd   308,200    168,007 
IOI Corp. Bhd   290,600    232,051 
Kuala Lumpur Kepong Bhd   48,100    217,487 
Malayan Banking Bhd   575,800    1,078,821 
Malaysia Airports Holdings Bhd   88,056    131,797 
Maxis Bhd   273,400    243,420 
MISC Bhd   118,100    186,646 
MR DIY Group M Bhd(a)   360,000    122,395 
Nestle Malaysia Bhd   8,900    258,390 
Petronas Chemicals Group Bhd   302,800    429,826 
Petronas Dagangan Bhd   39,500    180,747 
Petronas Gas Bhd   83,900    304,298 
PPB Group Bhd   70,480    248,295 
Press Metal Aluminium Holdings Bhd   423,000    422,002 
Public Bank Bhd   1,574,050    1,298,919 
QL Resources Bhd   124,050    149,166 
RHB Bank Bhd   155,962    180,758 
Sime Darby Bhd   276,500    123,890 
Sime Darby Plantation Bhd   231,500    211,215 
Telekom Malaysia Bhd   129,100    142,481 
Tenaga Nasional Bhd   272,800    561,892 
Top Glove Corp. Bhd(b)(c)   527,100    129,998 
         9,936,991 
Philippines — 0.8%          
Aboitiz Equity Ventures Inc.   190,660    184,745 
ACEN Corp.(b)   76,455    7,975 
Ayala Corp.   31,150    365,896 
Ayala Land Inc.   769,260    360,029 
Security  Shares   Value 
           
Philippines (continued)          
Bank of the Philippine Islands   197,224   $350,994 
BDO Unibank Inc.   265,994    644,505 
International Container Terminal Services Inc.   111,420    386,907 
JG Summit Holdings Inc.   320,175    273,631 
Jollibee Foods Corp.   49,430    207,348 
Manila Electric Co.   26,720    155,441 
Metropolitan Bank & Trust Co.   203,942    209,262 
PLDT Inc.   8,195    174,846 
SM Investments Corp.   25,964    429,362 
SM Prime Holdings Inc.   1,153,950    671,602 
Universal Robina Corp.   106,510    266,274 
         4,688,817 
South Korea — 15.1%          
Amorepacific Corp.   3,173    249,645 
BGF retail Co. Ltd.   797    114,456 
Celltrion Healthcare Co. Ltd.   11,903    662,633 
Celltrion Inc.   12,139    1,564,220 
Celltrion Pharm Inc.(b)   1,774    113,732 
CJ CheilJedang Corp.   1,010    235,744 
CJ Corp.   1,641    109,468 
CosmoAM&T Co. Ltd.(b)   1,592    214,346 
Coway Co. Ltd.   6,892    249,998 
DB Insurance Co. Ltd.   4,986    278,311 
Doosan Bobcat Inc.   5,829    234,483 
Doosan Enerbility Co. Ltd.(b)   49,678    600,536 
Ecopro BM Co. Ltd.   5,330    995,717 
E-MART Inc.   1,973    125,285 
F&F Co. Ltd./New.   2,027    197,391 
GS Holdings Corp.   5,679    164,764 
Hana Financial Group Inc.   32,359    1,009,436 
Hankook Tire & Technology Co. Ltd.   8,666    225,033 
Hanmi Pharm Co. Ltd.   858    188,797 
Hanon Systems   21,121    149,174 
Hanwha Aerospace Co. Ltd.   4,002    319,919 
Hanwha Solutions Corp.(b)   11,024    371,076 
HD Hyundai Co. Ltd.   5,032    216,563 
HD Hyundai Heavy Industries Co. Ltd.(b)   2,370    207,147 
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.(b)   4,721    342,275 
HLB Inc.(b)   11,926    332,494 
HMM Co. Ltd.   26,814    358,156 
Hotel Shilla Co. Ltd.   3,435    199,790 
HYBE Co. Ltd.(b)   2,084    429,508 
Hyundai Engineering & Construction Co. Ltd.   8,193    236,059 
Hyundai Glovis Co. Ltd.   1,815    230,910 
Hyundai Mipo Dockyard Co. Ltd.(b)   2,816    158,041 
Hyundai Mobis Co. Ltd.   6,623    1,111,811 
Hyundai Motor Co.   15,018    2,259,852 
Hyundai Steel Co.   8,926    219,158 
Industrial Bank of Korea.   28,642    220,204 
Kakao Corp.   34,790    1,472,041 
Kakao Games Corp.(b)   4,167    121,825 
Kakao Pay Corp.(b)   3,095    139,938 
KakaoBank Corp.   17,923    353,503 
Kangwon Land Inc.   11,060    151,814 
KB Financial Group Inc.   42,551    1,534,436 
Kia Corp.   28,982    1,872,401 
Korea Aerospace Industries Ltd.   7,996    310,098 
Korea Electric Power Corp.(b)   29,013    417,360 
Korea Investment Holdings Co. Ltd.   4,874    203,395 
Korea Zinc Co. Ltd.   918    332,278 


7

 

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

 

Security  Shares   Value 
           
South Korea (continued)          
Korean Air Lines Co. Ltd.   19,386   $322,292 
Krafton Inc.(b)   3,207    456,611 
KT Corp.   3,523    83,758 
KT&G Corp.   11,368    716,031 
Kumho Petrochemical Co. Ltd.   2,075    198,236 
L&F Co. Ltd.   2,764    559,711 
LG Chem Ltd.   5,525    2,879,458 
LG Corp.   10,503    681,168 
LG Display Co. Ltd.(b)   24,906    295,067 
LG Electronics Inc.   11,725    1,083,488 
LG Energy Solution(b)   3,878    1,747,534 
LG H&H Co. Ltd.   1,019    404,080 
LG Innotek Co. Ltd.   1,470    339,414 
LG Uplus Corp.   22,440    189,998 
Lotte Chemical Corp.   2,334    292,802 
Lotte Energy Materials Corp.   2,465    106,264 
Meritz Financial Group Inc.   11,461    388,596 
Mirae Asset Securities Co. Ltd.   29,306    161,045 
NAVER Corp.   14,439    2,167,427 
NCSoft Corp.   1,603    387,505 
Netmarble Corp.(a)(b)   2,584    108,908 
NH Investment & Securities Co. Ltd.   17,880    134,537 
Orion Corp./Republic of Korea.   2,790    271,484 
Pan Ocean Co. Ltd.   31,504    111,806 
Pearl Abyss Corp.(b)   4,149    155,904 
POSCO Future M Co. Ltd.   3,428    902,861 
POSCO Holdings Inc.   7,892    2,138,479 
Posco International Corp.   5,829    132,193 
Samsung Biologics Co. Ltd.(a)(b)   1,942    1,145,987 
Samsung C&T Corp.   9,073    755,751 
Samsung Electro-Mechanics Co. Ltd.   6,075    674,224 
Samsung Electronics Co. Ltd.   526,199    28,230,820 
Samsung Engineering Co. Ltd.(b)   17,369    370,131 
Samsung Fire & Marine Insurance Co. Ltd.   3,387    575,282 
Samsung Heavy Industries Co. Ltd.(b)   70,432    324,732 
Samsung Life Insurance Co. Ltd.   9,244    461,770 
Samsung SDI Co. Ltd.   6,037    3,261,184 
Samsung SDS Co. Ltd.   3,845    359,960 
Samsung Securities Co. Ltd.   6,780    187,645 
Shinhan Financial Group Co. Ltd.   46,817    1,233,505 
SK Biopharmaceuticals Co. Ltd.(b)   3,837    212,416 
SK Bioscience Co. Ltd.(b)   3,103    192,809 
SK Hynix Inc.   60,116    4,902,663 
SK IE Technology Co. Ltd.(a)(b)   2,822    188,181 
SK Inc.   4,314    545,348 
SK Innovation Co. Ltd.(b)   6,124    871,671 
SK Square Co. Ltd.(b)   11,553    401,812 
SKC Co. Ltd.   2,204    157,506 
S-Oil Corp.   4,957    269,389 
Woori Financial Group Inc.   56,549    509,888 
Yuhan Corp.   6,112    273,239 
         85,327,791 
Taiwan — 20.2%          
Accton Technology Corp.   52,000    596,221 
Acer Inc.   267,062    267,678 
Advantech Co. Ltd.   45,604    602,752 
Airtac International Group   15,161    488,715 
ASE Technology Holding Co. Ltd.   368,484    1,331,536 
Asia Cement Corp.   231,229    330,429 
Asustek Computer Inc.   74,000    733,577 
Security  Shares   Value 
           
Taiwan (continued)          
AUO Corp.   719,200   $411,382 
Catcher Technology Co. Ltd.   88,000    530,481 
Cathay Financial Holding Co. Ltd.   992,888    1,428,409 
Chailease Holding Co. Ltd.   159,465    1,049,334 
Chang Hwa Commercial Bank Ltd.   576,164    337,212 
Cheng Shin Rubber Industry Co. Ltd.   227,776    288,558 
China Airlines Ltd.   352,000    253,632 
China Development Financial Holding Corp.   1,762,400    726,576 
China Steel Corp.   1,286,867    1,213,512 
Chunghwa Telecom Co. Ltd.   442,000    1,813,193 
Compal Electronics Inc.   388,000    351,169 
CTBC Financial Holding Co. Ltd.   1,914,265    1,511,420 
Delta Electronics Inc.   214,000    2,197,557 
E Ink Holdings Inc.   95,000    638,640 
E.Sun Financial Holding Co. Ltd.   1,467,250    1,235,074 
Eclat Textile Co. Ltd.   20,604    313,248 
eMemory Technology Inc.   7,000    417,340 
Eva Airways Corp.   264,000    290,792 
Evergreen Marine Corp. Taiwan Ltd.   112,746    559,535 
Far Eastern New Century Corp.   352,460    370,032 
Far EasTone Telecommunications Co. Ltd.   153,000    382,041 
Feng TAY Enterprise Co. Ltd.   48,564    301,002 
First Financial Holding Co. Ltd.   1,147,100    1,048,149 
Formosa Chemicals & Fibre Corp.   400,950    891,886 
Formosa Petrochemical Corp.   127,000    355,997 
Formosa Plastics Corp.   385,400    1,179,572 
Fubon Financial Holding Co. Ltd.   837,748    1,654,399 
Giant Manufacturing Co. Ltd.   36,269    242,456 
Global Unichip Corp.   9,000    437,881 
Globalwafers Co. Ltd.   23,000    376,071 
Hon Hai Precision Industry Co. Ltd.   1,408,651    4,873,619 
Hotai Motor Co. Ltd.   33,000    862,894 
Hua Nan Financial Holdings Co. Ltd.   906,033    655,280 
Innolux Corp.   1,027,466    464,057 
Inventec Corp.   304,980    365,531 
Largan Precision Co. Ltd.   11,000    808,409 
Lite-On Technology Corp.   264,032    763,913 
MediaTek Inc.   166,176    4,083,541 
Mega Financial Holding Co. Ltd.   1,206,455    1,403,469 
Micro-Star International Co. Ltd.   91,000    490,814 
momo.com Inc.   7,200    163,229 
Nan Ya Plastics Corp.   542,090    1,369,989 
Nan Ya Printed Circuit Board Corp.   24,000    235,570 
Nanya Technology Corp.   93,000    221,654 
Nien Made Enterprise Co. Ltd.   21,000    240,423 
Novatek Microelectronics Corp.   63,000    869,797 
Parade Technologies Ltd.   8,000    264,612 
Pegatron Corp.   224,000    548,505 
PharmaEssentia Corp.(b)   22,000    250,282 
Pou Chen Corp.   244,000    250,990 
Powerchip Semiconductor Manufacturing Corp.   352,000    352,520 
President Chain Store Corp.   61,000    554,615 
Quanta Computer Inc.   308,000    1,164,707 
Realtek Semiconductor Corp.   48,140    596,609 
Ruentex Development Co. Ltd.   215,381    244,235 
Shanghai Commercial & Savings Bank Ltd. (The)   464,981    683,064 
Shin Kong Financial Holding Co. Ltd.   1,320,033    369,798 
Silergy Corp.   37,000    478,388 
SinoPac Financial Holdings Co. Ltd.   1,181,256    664,493 
Synnex Technology International Corp.   176,050    365,770 


8

 

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

 

Security  Shares   Value 
           
Taiwan (continued)          
Taishin Financial Holding Co. Ltd.   1,232,629   $735,388 
Taiwan Business Bank   704,000    322,634 
Taiwan Cement Corp.   704,754    868,485 
Taiwan Cooperative Financial Holding Co. Ltd.   1,061,405    964,817 
Taiwan High Speed Rail Corp.   189,000    199,989 
Taiwan Mobile Co. Ltd.   179,000    602,703 
Taiwan Semiconductor Manufacturing Co. Ltd.   2,711,000    49,063,222 
Unimicron Technology Corp.   144,000    842,293 
Uni-President Enterprises Corp.   543,650    1,313,477 
United Microelectronics Corp.   1,249,000    2,090,556 
Vanguard International Semiconductor Corp.   103,000    310,293 
Voltronic Power Technology Corp.   7,000    440,501 
Walsin Lihwa Corp.   282,884    423,966 
Wan Hai Lines Ltd.   88,000    165,537 
Win Semiconductors Corp.   36,000    186,648 
Winbond Electronics Corp.   294,000    254,068 
Wistron Corp.   261,000    566,551 
Wiwynn Corp.   9,000    338,362 
WPG Holdings Ltd.   181,320    313,431 
Yageo Corp.   35,936    592,146 
Yang Ming Marine Transport Corp.   203,000    400,573 
Yuanta Financial Holding Co. Ltd.   1,056,787    819,176 
Zhen Ding Technology Holding Ltd.   89,455    336,739 
         113,969,790 
Thailand — 2.6%          
Advanced Info Service PCL, NVDR   128,600    779,624 
Airports of Thailand PCL, NVDR(b)   468,600    952,278 
Asset World Corp. PCL, NVDR   959,200    135,513 
B Grimm Power PCL, NVDR   127,400    136,985 
Bangkok Dusit Medical Services PCL, NVDR   1,215,500    985,430 
Bangkok Expressway & Metro PCL, NVDR   851,100    196,896 
Banpu PCL, NVDR   882,300    208,973 
Berli Jucker PCL, NVDR   126,600    131,749 
BTS Group Holdings PCL, NVDR   818,400    166,937 
Bumrungrad Hospital PCL, NVDR   71,400    457,147 
Carabao Group PCL, NVDR   53,900    102,808 
Central Pattana PCL, NVDR   228,800    443,352 
Central Retail Corp. PCL, NVDR   208,274    251,206 
Charoen Pokphand Foods PCL, NVDR(c)   413,600    238,733 
CP ALL PCL, NVDR   642,700    1,176,809 
Delta Electronics Thailand PCL, NVDR   359,000    1,020,230 
Electricity Generating PCL, NVDR   400    1,660 
Energy Absolute PCL, NVDR   195,200    364,165 
Global Power Synergy PCL, NVDR   88,100    147,959 
Gulf Energy Development PCL, NVDR   329,000    460,286 
Home Product Center PCL, NVDR   645,749    255,876 
Indorama Ventures PCL, NVDR   185,200    168,875 
Intouch Holdings PCL, NVDR   124,300    266,785 
Kasikornbank PCL, NVDR   63,500    236,195 
Krung Thai Bank PCL, NVDR   361,350    197,169 
Krungthai Card PCL, NVDR(c)   105,800    154,922 
Land & Houses PCL, NVDR   868,800    212,077 
Minor International PCL, NVDR(c)   344,980    334,275 
Muangthai Capital PCL, NVDR   94,400    111,706 
Osotspa PCL, NVDR   149,600    124,608 
PTT Exploration & Production PCL, NVDR   150,910    604,275 
PTT Global Chemical PCL, NVDR   232,200    234,964 
PTT Oil & Retail Business PCL, NVDR   292,700    168,152 
PTT Public Company Ltd., NVDR   1,065,600    917,962 
Security  Shares   Value 
           
Thailand (continued)          
Ratch Group PCL, NVDR   132,600   $138,034 
SCB X PCL, NVDR   88,500    263,004 
SCG Packaging PCL, NVDR   138,400    155,934 
Siam Cement PCL (The), NVDR   82,400    754,678 
Siam Makro PCL, NVDR   222,700    259,036 
Srisawad Corp. PCL, NVDR   88,000    140,761 
Thai Oil PCL, NVDR   140,400    174,240 
True Corp. PCL, NVDR   1,239,542    243,990 
         14,476,258 
Total Common Stocks — 98.6%          
(Cost: $553,924,362)        556,732,024 
           
Preferred Stocks          
           
South Korea — 0.9%          
Hyundai Motor Co.          
Preference Shares, NVS   2,093    166,030 
Series 2, Preference Shares, NVS   3,704    294,220 
LG Chem Ltd., Preference Shares, NVS   860    233,767 
Samsung Electronics Co. Ltd., Preference Shares, NVS   90,347    3,979,353 
         4,673,370 
Total Preferred Stocks — 0.9%          
(Cost: $5,376,458)        4,673,370 
           
Rights          
           
China — 0.0%          
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)   1,493     
           
Total Rights — 0.0%          
(Cost: $—)         
           
Total Long-Term Investments — 99.5%          
(Cost: $559,300,820)        561,405,394 
           
Short-Term Securities          
           
Money Market Funds — 0.5%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.29%(e)(f)(g)   3,071,668    3,072,282 
           
Total Short-Term Securities — 0.5%          
(Cost: $3,070,240)        3,072,282 
           
Total Investments — 100.0%          
(Cost: $562,371,060)        564,477,676 
           
Other Assets Less Liabilities — 0.0%        21,767 
           
Net Assets — 100.0%       $564,499,443 

 

(a)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.

(b)Non-income producing security.

(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)Affiliate of the Fund.

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

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


9

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets Asia 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  $9,197,703   $   $(6,125,004)(a)   $2,784   $(3,201)  $3,072,282    3,071,668   $68,765(b)   $ 
BlackRock Cash Funds: Treasury, SL Agency Shares(c)   4,800,000        (4,800,000)(a)                    46,238    9 
                  $2,784   $(3,201)  $3,072,282        $115,003   $9 

 

(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 China Index   18   06/16/23  $386   $(36,548)
MSCI Emerging Markets Index   57   06/16/23   2,727    (24,773)
                $(61,321)

 

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  $16,955,997   $539,715,678   $60,349   $556,732,024 
Preferred Stocks       4,673,370        4,673,370 
Rights                

 

10

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets Asia 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  $3,072,282   $   $   $3,072,282 
   $20,028,279   $544,389,048   $60,349   $564,477,676 
Derivative Financial Instruments(a)                    
Liabilities                    
Equity Contracts  $(24,773)  $(36,548)  $   $(61,321)

 

(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
JSC Joint Stock Company
NVDR Non-Voting Depositary Receipt
NVS Non-Voting Shares

 

11