iShares

®

MSCI

USA

Equal

Weighted

ETF

Schedule

of

Investments

(unaudited)

November

30,

2023

(Percentages

shown

are

based

on

Net

Assets)

1

Schedule

of

Investments

Security

Shares

Value

a

Common

Stocks

Aerospace

&

Defense

 — 

2

.0

%

Axon

Enterprise,

Inc.

(a)

.....................

4,139

$

951,432

Boeing

Co.

(The)

(a)

........................

4,301

996,241

General

Dynamics

Corp.

....................

3,810

940,956

HEICO

Corp.

...........................

2,304

394,053

HEICO

Corp.

,

Class

A

......................

3,955

543,457

Howmet

Aerospace,

Inc.

....................

18,188

956,689

Huntington

Ingalls

Industries,

Inc.

..............

3,909

926,511

L3Harris

Technologies,

Inc.

..................

5,018

957,484

Lockheed

Martin

Corp.

.....................

2,110

944,795

Northrop

Grumman

Corp.

...................

2,010

955,071

RTX

Corp.

.............................

11,827

963,664

Textron,

Inc.

............................

12,007

920,456

TransDigm

Group,

Inc.

.....................

971

934,947

11,385,756

a

Air

Freight

&

Logistics

 — 

0

.6

%

CH

Robinson

Worldwide,

Inc.

................

11,415

936,601

Expeditors

International

of

Washington,

Inc.

.......

7,967

958,749

FedEx

Corp.

............................

3,664

948,353

United

Parcel

Service,

Inc.

,

Class

B

............

6,260

949,078

3,792,781

a

Automobile

Components

 — 

0

.5

%

Aptiv

PLC

(a)

.............................

11,494

952,163

BorgWarner,

Inc.

.........................

27,124

913,807

Lear

Corp.

.............................

6,957

930,499

2,796,469

a

Automobiles

 — 

0

.8

%

Ford

Motor

Co.

..........................

90,555

929,094

General

Motors

Co.

.......................

32,831

1,037,460

Lucid

Group,

Inc.

(b)

........................

215,746

910,448

Rivian

Automotive,

Inc.

,

Class

A

(b)

..............

55,306

926,929

Tesla,

Inc.

(a)

.............................

3,954

949,276

4,753,207

a

Banks

 — 

2

.3

%

Bank

of

America

Corp.

.....................

31,178

950,617

Citigroup,

Inc.

...........................

20,688

953,717

Citizens

Financial

Group,

Inc.

................

33,950

925,817

Fifth

Third

Bancorp

.......................

33,839

979,639

First

Citizens

BancShares,

Inc.

,

Class

A

..........

643

943,853

Huntington

Bancshares,

Inc.

.................

84,583

952,405

JPMorgan

Chase

&

Co.

....................

6,131

956,927

KeyCorp

...............................

76,436

947,042

M&T

Bank

Corp.

.........................

7,376

945,382

PNC

Financial

Services

Group,

Inc.

(The)

........

7,184

962,369

Regions

Financial

Corp.

....................

57,444

958,166

Truist

Financial

Corp.

......................

29,224

939,259

U.S.

Bancorp

...........................

24,854

947,434

Wells

Fargo

&

Co.

........................

21,882

975,718

13,338,345

a

Beverages

 — 

1

.3

%

Brown-Forman

Corp.

,

Class

B

,

NVS

............

15,865

931,910

Celsius

Holdings,

Inc.

......................

17,282

855,632

Coca-Cola

Co.

(The)

......................

16,313

953,332

Constellation

Brands,

Inc.

,

Class

A

.............

3,952

950,416

Keurig

Dr

Pepper,

Inc.

.....................

29,463

930,147

Molson

Coors

Beverage

Co.

,

Class

B

...........

15,870

976,640

Monster

Beverage

Corp.

(a)

...................

17,080

941,962

PepsiCo,

Inc.

...........................

5,623

946,294

7,486,333

a

Security

Shares

Value

a

Biotechnology

 — 

2

.3

%

AbbVie,

Inc.

............................

6,770

$

963,980

Alnylam

Pharmaceuticals,

Inc.

(a)

...............

5,666

953,304

Amgen,

Inc.

............................

3,519

948,863

Biogen,

Inc.

(a)

...........................

4,069

952,472

BioMarin

Pharmaceutical,

Inc.

(b)

...............

10,697

974,283

Exact

Sciences

Corp.

(a)

(b)

....................

13,915

890,560

Gilead

Sciences,

Inc.

......................

12,320

943,712

Incyte

Corp.

............................

17,115

930,029

Moderna,

Inc.

(a)

..........................

11,858

921,367

Neurocrine

Biosciences,

Inc.

(a)

................

8,556

997,544

Regeneron

Pharmaceuticals,

Inc.

(a)

.............

1,168

962,210

Seagen,

Inc.

............................

4,420

942,388

United

Therapeutics

Corp.

...................

4,089

981,360

Vertex

Pharmaceuticals,

Inc.

(a)

................

2,618

928,893

13,290,965

a

Broadline

Retail

 — 

0

.7

%

Amazon.com,

Inc.

(a)

.......................

6,408

936,145

eBay,

Inc.

..............................

23,735

973,372

Etsy,

Inc.

(a)

.............................

12,992

984,923

MercadoLibre,

Inc.

(a)

.......................

632

1,024,131

3,918,571

a

Building

Products

 — 

1

.8

%

A

O

Smith

Corp.

.........................

12,302

927,079

Allegion

PLC

............................

8,855

939,427

Builders

FirstSource,

Inc.

...................

6,969

934,613

Carlisle

Companies,

Inc.

....................

3,412

956,759

Carrier

Global

Corp.

.......................

17,472

907,845

Fortune

Brands

Innovations,

Inc.

..............

14,170

969,653

Johnson

Controls

International

PLC

............

17,869

943,483

Lennox

International,

Inc.

...................

2,298

934,505

Masco

Corp.

............................

15,562

942,279

Owens

Corning

..........................

7,163

971,159

Trane

Technologies

PLC

....................

4,126

930,042

10,356,844

a

Capital

Markets

 — 

4

.8

%

Ameriprise

Financial,

Inc.

...................

2,679

947,053

Ares

Management

Corp.

,

Class

A

..............

8,639

969,728

Bank

of

New

York

Mellon

Corp.

(The)

...........

19,871

960,167

BlackRock,

Inc.

(c)

.........................

1,299

975,848

Blackstone,

Inc.

,

NVS

......................

8,796

988,406

Carlyle

Group,

Inc.

(The)

....................

29,371

1,006,838

Cboe

Global

Markets,

Inc.

...................

5,296

964,878

Charles

Schwab

Corp.

(The)

.................

16,555

1,015,153

CME

Group,

Inc.

,

Class

A

...................

4,417

964,496

Coinbase

Global,

Inc.

,

Class

A

(b)

...............

8,825

1,100,654

FactSet

Research

Systems,

Inc.

...............

2,053

930,953

Franklin

Resources,

Inc.

....................

38,692

959,562

Goldman

Sachs

Group,

Inc.

(The)

.............

2,758

941,967

Intercontinental

Exchange,

Inc.

...............

8,349

950,450

KKR

&

Co.,

Inc.

..........................

13,751

1,042,876

LPL

Financial

Holdings,

Inc.

..................

4,159

924,546

MarketAxess

Holdings,

Inc.

..................

4,097

983,772

Moody's

Corp.

...........................

2,593

946,341

Morgan

Stanley

..........................

11,748

932,086

MSCI,

Inc.

,

Class

A

.......................

1,793

933,884

Nasdaq,

Inc.

............................

17,295

965,753

Northern

Trust

Corp.

.......................

12,345

978,341

Raymond

James

Financial,

Inc.

...............

9,012

947,612

Robinhood

Markets,

Inc.

,

Class

A

..............

115,171

1,013,505

S&P

Global,

Inc.

.........................

2,275

946,013

SEI

Investments

Co.

.......................

16,066

942,592

State

Street

Corp.

........................

13,386

974,768

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

iShares

®

MSCI

USA

Equal

Weighted

ETF

(Percentages

shown

are

based

on

Net

Assets)

2

Security

Shares

Value

a

Capital

Markets

(continued)

T

Rowe

Price

Group,

Inc.

...................

9,474

$

948,632

Tradeweb

Markets,

Inc.

,

Class

A

...............

10,023

971,229

28,128,103

a

Chemicals

 — 

2

.9

%

Air

Products

and

Chemicals,

Inc.

..............

3,441

930,963

Albemarle

Corp.

.........................

7,183

871,082

Celanese

Corp.

..........................

7,171

994,331

CF

Industries

Holdings,

Inc.

..................

12,163

914,049

Corteva,

Inc.

............................

19,982

903,186

Dow,

Inc.

..............................

18,118

937,606

DuPont

de

Nemours,

Inc.

...................

13,121

938,676

Eastman

Chemical

Co.

.....................

11,429

958,093

Ecolab,

Inc.

............................

5,062

970,537

FMC

Corp.

.............................

17,433

935,455

International

Flavors

&

Fragrances,

Inc.

..........

12,675

955,442

Linde

PLC

.............................

2,293

948,775

LyondellBasell

Industries

NV

,

Class

A

...........

9,718

924,182

Mosaic

Co.

(The)

.........................

25,859

928,080

PPG

Industries,

Inc.

.......................

6,907

980,725

RPM

International,

Inc.

.....................

9,176

944,486

Sherwin-Williams

Co.

(The)

..................

3,429

956,005

Westlake

Corp.

..........................

7,208

925,435

16,917,108

a

Commercial

Services

&

Supplies

 — 

1

.1

%

Cintas

Corp.

............................

1,700

940,525

Copart,

Inc.

(a)

...........................

18,414

924,751

Republic

Services,

Inc.

.....................

5,870

950,001

Rollins,

Inc.

.............................

23,544

959,183

Veralto

Corp.

(a)

..........................

13,233

1,022,249

Waste

Connections,

Inc.

....................

6,970

944,365

Waste

Management,

Inc.

....................

5,470

935,315

6,676,389

a

Communications

Equipment

 — 

0

.8

%

Arista

Networks,

Inc.

(a)

.....................

4,348

955,299

Cisco

Systems,

Inc.

.......................

19,398

938,475

F5,

Inc.

(a)

..............................

5,702

976,126

Juniper

Networks,

Inc.

.....................

34,782

989,548

Motorola

Solutions,

Inc.

....................

2,931

946,332

4,805,780

a

Construction

&

Engineering

 — 

0

.3

%

AECOM

...............................

10,780

957,911

Quanta

Services,

Inc.

......................

5,085

957,556

1,915,467

a

Construction

Materials

 — 

0

.3

%

Martin

Marietta

Materials,

Inc.

................

2,057

955,662

Vulcan

Materials

Co.

......................

4,451

950,555

1,906,217

a

Consumer

Finance

 — 

0

.8

%

Ally

Financial,

Inc.

........................

33,900

990,558

American

Express

Co.

.....................

5,694

972,365

Capital

One

Financial

Corp.

..................

8,776

979,928

Discover

Financial

Services

..................

10,769

1,001,517

Synchrony

Financial

.......................

31,400

1,016,104

4,960,472

a

Consumer

Staples

Distribution

&

Retail

 — 

1

.5

%

Albertsons

Companies,

Inc.

,

Class

A

............

44,673

972,531

Costco

Wholesale

Corp.

....................

1,612

955,497

Dollar

General

Corp.

......................

7,689

1,008,182

Dollar

Tree,

Inc.

(a)

.........................

8,100

1,001,079

Security

Shares

Value

a

Consumer

Staples

Distribution

&

Retail

(continued)

Kroger

Co.

(The)

.........................

21,816

$

965,794

Sysco

Corp.

............................

13,138

948,169

Target

Corp.

............................

7,222

966,376

Walgreens

Boots

Alliance,

Inc.

................

44,524

887,809

Walmart,

Inc.

............................

6,029

938,655

8,644,092

a

Containers

&

Packaging

 — 

1

.2

%

Amcor

PLC

.............................

99,929

947,327

Avery

Dennison

Corp.

......................

4,937

960,247

Ball

Corp.

..............................

17,680

977,527

Crown

Holdings,

Inc.

......................

11,273

969,591

International

Paper

Co.

.....................

28,740

1,061,656

Packaging

Corp.

of

America

.................

6,117

1,027,717

Westrock

Co.

...........................

25,520

1,050,658

6,994,723

a

Distributors

 — 

0

.5

%

Genuine

Parts

Co.

........................

6,817

905,161

LKQ

Corp.

.............................

20,601

917,363

Pool

Corp.

.............................

2,682

931,512

2,754,036

a

Diversified

REITs

 — 

0

.2

%

WP

Carey,

Inc.

..........................

16,410

1,021,358

a

Diversified

Telecommunication

Services

 — 

0

.5

%

AT&T,

Inc.

..............................

58,158

963,678

Liberty

Global,

Ltd.

,

Class

C

.................

53,597

902,574

Verizon

Communications,

Inc.

................

25,492

977,108

2,843,360

a

Electric

Utilities

 — 

2

.6

%

Alliant

Energy

Corp.

.......................

19,066

964,168

American

Electric

Power

Co.,

Inc.

..............

12,130

964,942

Constellation

Energy

Corp.

..................

7,657

926,803

Duke

Energy

Corp.

.......................

10,485

967,556

Edison

International

.......................

14,254

954,875

Entergy

Corp.

...........................

9,462

959,541

Evergy,

Inc.

.............................

18,552

946,894

Eversource

Energy

.......................

16,061

954,184

Exelon

Corp.

............................

23,960

922,700

FirstEnergy

Corp.

........................

25,016

924,091

NextEra

Energy,

Inc.

......................

16,330

955,468

NRG

Energy,

Inc.

.........................

19,800

947,232

PG&E

Corp.

............................

52,960

909,323

PPL

Corp.

.............................

35,779

934,548

Southern

Co.

(The)

.......................

13,484

957,094

Xcel

Energy,

Inc.

.........................

15,590

948,496

15,137,915

a

Electrical

Equipment

 — 

1

.0

%

AMETEK,

Inc.

...........................

6,048

938,831

Eaton

Corp.

PLC

.........................

4,126

939,449

Emerson

Electric

Co.

......................

10,546

937,539

Hubbell,

Inc.

............................

3,113

933,900

Rockwell

Automation,

Inc.

...................

3,454

951,370

Vertiv

Holdings

Co.

,

Class

A

.................

21,018

917,646

5,618,735

a

Electronic

Equipment,

Instruments

&

Components

 — 

1

.5

%

Amphenol

Corp.

,

Class

A

...................

10,456

951,391

CDW

Corp.

.............................

4,310

908,893

Corning,

Inc.

............................

33,098

942,962

Jabil,

Inc.

..............................

7,071

815,428

Keysight

Technologies,

Inc.

(a)

.................

6,940

943,077

iShares

®

MSCI

USA

Equal

Weighted

ETF

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

(Percentages

shown

are

based

on

Net

Assets)

3

Schedule

of

Investments

Security

Shares

Value

a

Electronic

Equipment,

Instruments

&

Components

(continued)

TE

Connectivity

Ltd.

.......................

7,141

$

935,471

Teledyne

Technologies,

Inc.

..................

2,395

965,089

Trimble,

Inc.

............................

21,314

988,969

Zebra

Technologies

Corp.

,

Class

A

(a)

............

4,246

1,006,217

8,457,497

a

Energy

Equipment

&

Services

 — 

0

.5

%

Baker

Hughes

Co.

,

Class

A

..................

27,645

933,019

Halliburton

Co.

..........................

24,511

907,642

Schlumberger

Ltd.

........................

17,754

923,918

2,764,579

a

Entertainment

 — 

1

.5

%

Electronic

Arts,

Inc.

.......................

6,913

954,063

Liberty

Media

Corp.-Liberty

Formula

One

,

Series

C

,

NVS

................................

14,324

911,866

Live

Nation

Entertainment,

Inc.

(a)

..............

10,425

877,993

Netflix,

Inc.

(a)

............................

1,973

935,143

ROBLOX

Corp.

,

Class

A

(b)

...................

24,732

972,215

Roku,

Inc.

,

Class

A

........................

9,857

1,027,099

Take-Two

Interactive

Software,

Inc.

.............

6,007

950,307

Walt

Disney

Co.

(The)

(a)

....................

9,853

913,275

Warner

Bros

Discovery,

Inc.

,

Series

A

(a)

..........

87,182

911,052

8,453,013

a

Financial

Services

 — 

2

.2

%

Apollo

Global

Management,

Inc.

...............

10,602

975,384

Berkshire

Hathaway,

Inc.

,

Class

B

(a)

............

2,585

930,600

Block,

Inc.

,

Class

A

.......................

15,865

1,006,317

Equitable

Holdings,

Inc.

....................

32,946

1,011,113

Fidelity

National

Information

Services,

Inc.

........

17,086

1,001,923

Fiserv,

Inc.

(a)

............................

7,546

985,583

FleetCor

Technologies,

Inc.

(a)

.................

3,979

956,950

Global

Payments,

Inc.

.....................

8,259

961,678

Jack

Henry

&

Associates,

Inc.

................

6,093

966,898

Mastercard,

Inc.

,

Class

A

....................

2,315

958,016

PayPal

Holdings,

Inc.

(a)

.....................

16,430

946,532

Toast,

Inc.

,

Class

A

........................

64,754

962,892

Visa,

Inc.

,

Class

A

........................

3,746

961,523

12,625,409

a

Food

Products

 — 

2

.4

%

Archer-Daniels-Midland

Co.

..................

12,720

937,845

Bunge

Global

SA

.........................

8,694

955,210

Campbell

Soup

Co.

.......................

22,989

923,698

Conagra

Brands,

Inc.

......................

33,322

942,679

Darling

Ingredients,

Inc.

....................

21,515

943,863

General

Mills,

Inc.

........................

14,601

929,500

Hershey

Co.

(The)

........................

4,850

911,412

Hormel

Foods

Corp.

.......................

29,088

889,802

J

M

Smucker

Co.

(The)

.....................

8,341

915,258

Kellanova

..............................

17,828

936,683

Kraft

Heinz

Co.

(The)

......................

27,710

972,898

Lamb

Weston

Holdings,

Inc.

.................

9,620

962,289

McCormick

&

Co.,

Inc.

,

NVS

.................

14,267

924,930

Mondelez

International,

Inc.

,

Class

A

............

13,205

938,347

Tyson

Foods,

Inc.

,

Class

A

..................

19,342

905,979

13,990,393

a

Gas

Utilities

 — 

0

.2

%

Atmos

Energy

Corp.

.......................

8,292

943,713

a

Ground

Transportation

 — 

1

.3

%

CSX

Corp.

.............................

29,206

943,354

JB

Hunt

Transport

Services,

Inc.

..............

5,264

975,261

Knight-Swift

Transportation

Holdings,

Inc.

,

Class

A

..

18,338

986,218

Security

Shares

Value

a

Ground

Transportation

(continued)

Norfolk

Southern

Corp.

.....................

4,414

$

962,958

Old

Dominion

Freight

Line,

Inc.

...............

2,328

905,732

Uber

Technologies,

Inc.

(a)

...................

17,102

964,211

U-Haul

Holding

Co.

,

Series

N

,

NVS

.............

17,703

958,617

Union

Pacific

Corp.

.......................

4,235

954,018

7,650,369

a

Health

Care

Equipment

&

Supplies

 — 

3

.1

%

Abbott

Laboratories

.......................

9,252

964,891

Align

Technology,

Inc.

(a)

.....................

4,350

930,030

Baxter

International,

Inc.

....................

26,287

948,435

Becton

Dickinson

&

Co.

....................

4,007

946,373

Boston

Scientific

Corp.

(a)

....................

17,193

960,917

Cooper

Companies,

Inc.

(The)

................

2,770

933,268

Dexcom,

Inc.

(a)

..........................

8,593

992,663

Edwards

Lifesciences

Corp.

(a)

................

13,936

943,607

GE

HealthCare

Technologies,

Inc.

.............

12,769

874,166

Hologic,

Inc.

(a)

...........................

13,023

928,540

IDEXX

Laboratories,

Inc.

(a)

...................

1,980

922,324

Insulet

Corp.

(a)

...........................

5,166

976,839

Intuitive

Surgical,

Inc.

(a)

.....................

3,007

934,696

Medtronic

PLC

..........................

12,458

987,546

ResMed,

Inc.

...........................

6,192

976,664

STERIS

PLC

............................

4,686

941,605

Stryker

Corp.

...........................

3,237

959,220

Teleflex,

Inc.

............................

4,361

984,234

Zimmer

Biomet

Holdings,

Inc.

................

8,323

968,048

18,074,066

a

Health

Care

Providers

&

Services

 — 

2

.6

%

Cardinal

Health,

Inc.

.......................

8,895

952,477

Cencora,

Inc.

...........................

4,779

971,905

Centene

Corp.

(a)

.........................

12,869

948,188

Cigna

Group

(The)

........................

3,293

865,664

CVS

Health

Corp.

........................

13,717

932,070

DaVita,

Inc.

(a)

............................

9,601

974,117

Elevance

Health,

Inc.

......................

2,012

964,734

HCA

Healthcare,

Inc.

......................

3,769

944,059

Henry

Schein,

Inc.

(a)

.......................

13,647

910,664

Humana,

Inc.

...........................

1,863

903,294

Laboratory

Corp.

of

America

Holdings

...........

4,436

962,213

McKesson

Corp.

.........................

2,067

972,648

Molina

Healthcare,

Inc.

.....................

2,628

960,692

Quest

Diagnostics,

Inc.

.....................

6,944

952,925

UnitedHealth

Group,

Inc.

....................

1,750

967,698

Universal

Health

Services,

Inc.

,

Class

B

.........

6,888

946,962

15,130,310

a

Health

Care

REITs

 — 

0

.5

%

Healthpeak

Properties,

Inc.

..................

56,270

974,596

Ventas,

Inc.

............................

20,826

954,664

Welltower,

Inc.

...........................

10,574

942,144

2,871,404

a

Health

Care

Technology

 — 

0

.2

%

Veeva

Systems,

Inc.

,

Class

A

(a)

...............

5,239

913,210

a

Hotel

&

Resort

REITs

 — 

0

.2

%

Host

Hotels

&

Resorts,

Inc.

..................

53,474

934,191

a

Hotels,

Restaurants

&

Leisure

 — 

3

.4

%

Airbnb,

Inc.

,

Class

A

(a)

(b)

.....................

7,219

912,049

Booking

Holdings,

Inc.

(a)

....................

297

928,333

Caesars

Entertainment,

Inc.

.................

20,236

904,954

Carnival

Corp.

(a)

..........................

64,265

967,831

Chipotle

Mexican

Grill,

Inc.

(a)

.................

428

942,563

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

iShares

®

MSCI

USA

Equal

Weighted

ETF

(Percentages

shown

are

based

on

Net

Assets)

4

Security

Shares

Value

a

Hotels,

Restaurants

&

Leisure

(continued)

Darden

Restaurants,

Inc.

...................

6,079

$

951,181

Domino's

Pizza,

Inc.

.......................

2,541

998,334

DoorDash,

Inc.

,

Class

A

....................

9,779

919,030

DraftKings,

Inc.

,

Class

A

....................

24,207

925,676

Expedia

Group,

Inc.

(a)

......................

6,941

945,225

Hilton

Worldwide

Holdings,

Inc.

...............

5,535

927,223

Hyatt

Hotels

Corp.

,

Class

A

(b)

.................

8,112

930,933

Las

Vegas

Sands

Corp.

....................

19,000

876,280

Marriott

International,

Inc.

,

Class

A

.............

4,524

917,015

McDonald's

Corp.

........................

3,356

945,855

MGM

Resorts

International

..................

23,228

916,112

Royal

Caribbean

Cruises

Ltd.

(a)

...............

8,849

950,914

Starbucks

Corp.

..........................

8,977

891,416

Vail

Resorts,

Inc.

.........................

4,139

899,446

Wynn

Resorts

Ltd.

........................

10,742

906,840

Yum!

Brands,

Inc.

........................

7,308

917,519

19,474,729

a

Household

Durables

 — 

0

.8

%

DR

Horton,

Inc.

..........................

7,292

930,970

Garmin

Ltd.

.............................

7,798

953,227

Lennar

Corp.

,

Class

A

......................

7,298

933,560

NVR,

Inc.

(a)

.............................

148

910,998

PulteGroup,

Inc.

.........................

10,609

938,048

4,666,803

a

Household

Products

 — 

0

.8

%

Church

&

Dwight

Co.,

Inc.

...................

10,239

989,395

Clorox

Co.

(The)

.........................

6,833

979,510

Colgate-Palmolive

Co.

.....................

12,443

980,135

Kimberly-Clark

Corp.

......................

7,768

961,135

Procter

&

Gamble

Co.

(The)

.................

6,231

956,583

4,866,758

a

Independent

Power

and

Renewable

Electricity

Producers

 — 

0

.3

%

AES

Corp.

(The)

.........................

54,407

936,344

Vistra

Corp.

............................

26,992

955,787

1,892,131

a

Industrial

Conglomerates

 — 

0

.5

%

3M

Co.

................................

9,858

976,632

General

Electric

Co.

.......................

7,798

949,796

Honeywell

International,

Inc.

.................

4,879

955,894

2,882,322

a

Industrial

REITs

 — 

0

.2

%

Prologis,

Inc.

............................

8,435

969,435

a

Insurance

 — 

4

.3

%

Aflac,

Inc.

..............................

11,536

954,143

Allstate

Corp.

(The)

.......................

6,954

958,748

American

Financial

Group,

Inc.

...............

8,589

982,496

American

International

Group,

Inc.

.............

14,549

957,470

Aon

PLC

,

Class

A

........................

2,819

926,013

Arch

Capital

Group

Ltd.

(a)

...................

11,086

927,787

Arthur

J

Gallagher

&

Co.

....................

3,798

945,702

Assurant,

Inc.

...........................

5,779

970,988

Brown

&

Brown,

Inc.

.......................

12,783

955,401

Chubb

Ltd.

.............................

4,196

962,688

Cincinnati

Financial

Corp.

...................

9,291

955,022

Erie

Indemnity

Co.

,

Class

A

,

NVS

..............

3,304

976,795

Everest

Group

Ltd.

........................

2,343

961,919

Fidelity

National

Financial,

Inc.

................

20,592

923,345

Globe

Life,

Inc.

..........................

7,935

977,037

Hartford

Financial

Services

Group,

Inc.

(The)

......

12,265

958,632

Loews

Corp.

............................

13,874

975,203

Security

Shares

Value

a

Insurance

(continued)

Markel

Group,

Inc.

(a)

.......................

664

$

955,556

Marsh

&

McLennan

Companies,

Inc.

............

4,713

939,866

MetLife,

Inc.

............................

14,979

953,114

Principal

Financial

Group,

Inc.

................

12,899

952,333

Progressive

Corp.

(The)

....................

5,876

963,840

Prudential

Financial,

Inc.

....................

9,925

970,467

Travelers

Companies,

Inc.

(The)

...............

5,441

982,753

W

R

Berkley

Corp.

........................

13,443

975,290

Willis

Towers

Watson

PLC

...................

3,871

953,427

24,916,035

a

Interactive

Media

&

Services

 — 

0

.8

%

Alphabet,

Inc.

,

Class

A

(a)

....................

3,635

481,746

Alphabet,

Inc.

,

Class

C

,

NVS

(a)

................

3,198

428,276

Match

Group,

Inc.

(a)

.......................

28,731

930,310

Meta

Platforms,

Inc.

,

Class

A

(a)

................

2,754

900,971

Pinterest,

Inc.

,

Class

A

(a)

....................

29,142

992,868

Snap,

Inc.

,

Class

A

,

NVS

(b)

..................

77,065

1,065,809

4,799,980

a

IT

Services

 — 

2

.1

%

Accenture

PLC

,

Class

A

....................

2,830

942,786

Akamai

Technologies,

Inc.

(a)

..................

8,325

961,787

Cloudflare,

Inc.

,

Class

A

(b)

...................

12,860

992,149

Cognizant

Technology

Solutions

Corp.

,

Class

A

.....

13,415

944,148

EPAM

Systems,

Inc.

(a)

......................

3,597

928,709

Gartner,

Inc.

(a)

(b)

..........................

2,205

958,822

GoDaddy,

Inc.

,

Class

A

(a)

....................

10,108

1,011,407

International

Business

Machines

Corp.

..........

6,066

961,825

MongoDB,

Inc.

,

Class

A

(a)

...................

2,297

954,955

Okta,

Inc.

,

Class

A

........................

12,994

871,248

Snowflake,

Inc.

,

Class

A

....................

5,616

1,054,011

Twilio,

Inc.

,

Class

A

.......................

14,715

951,766

VeriSign,

Inc.

(a)

..........................

4,440

942,168

12,475,781

a

Leisure

Products

 — 

0

.2

%

Hasbro,

Inc.

............................

20,961

972,800

a

Life

Sciences

Tools

&

Services

 — 

2

.3

%

Agilent

Technologies,

Inc.

...................

8,215

1,049,877

Avantor,

Inc.

............................

48,166

1,020,156

Bio-Rad

Laboratories,

Inc.

,

Class

A

(a)

............

3,075

937,629

Bio-Techne

Corp.

.........................

14,725

926,203

Charles

River

Laboratories

International,

Inc.

(a)

.....

4,914

968,451

Danaher

Corp.

..........................

4,437

990,826

Illumina,

Inc.

(a)

...........................

9,593

978,006

IQVIA

Holdings,

Inc.

(a)

......................

4,561

976,510

Mettler-Toledo

International,

Inc.

(a)

.............

892

974,002

Repligen

Corp.

..........................

6,016

946,016

Revvity,

Inc.

............................

10,626

944,651

Thermo

Fisher

Scientific,

Inc.

.................

1,996

989,537

Waters

Corp.

(a)

..........................

3,588

1,006,829

West

Pharmaceutical

Services,

Inc.

............

2,683

941,089

13,649,782

a

Machinery

 — 

3

.3

%

Caterpillar,

Inc.

..........................

3,739

937,442

CNH

Industrial

N.V.

.......................

90,643

973,506

Cummins,

Inc.

...........................

4,177

936,316

Deere

&

Co.

............................

2,462

897,177

Dover

Corp.

............................

6,773

956,077

Fortive

Corp.

............................

13,835

954,338

Graco,

Inc.

.............................

11,608

937,694

IDEX

Corp.

.............................

4,784

964,837

Illinois

Tool

Works,

Inc.

.....................

3,908

946,557

iShares

®

MSCI

USA

Equal

Weighted

ETF

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

(Percentages

shown

are

based

on

Net

Assets)

5

Schedule

of

Investments

Security

Shares

Value

a

Machinery

(continued)

Ingersoll

Rand,

Inc.

.......................

13,296

$

949,733

Nordson

Corp.

...........................

4,004

942,301

Otis

Worldwide

Corp.

......................

11,042

947,293

PACCAR,

Inc.

...........................

10,195

936,105

Parker-Hannifin

Corp.

......................

2,170

940,001

Pentair

PLC

............................

14,900

961,646

Snap-on,

Inc.

...........................

3,419

939,165

Stanley

Black

&

Decker,

Inc.

.................

10,225

929,453

Toro

Co.

(The)

...........................

11,008

913,664

Westinghouse

Air

Brake

Technologies

Corp.

.......

8,098

943,903

Xylem,

Inc.

.............................

9,344

982,335

18,889,543

a

Media

 — 

1

.8

%

Charter

Communications,

Inc.

,

Class

A

(a)

(b)

........

2,267

907,095

Comcast

Corp.

,

Class

A

....................

21,806

913,453

Fox

Corp.

,

Class

A

,

NVS

....................

19,999

590,770

Fox

Corp.

,

Class

B

........................

11,298

312,503

Interpublic

Group

of

Companies,

Inc.

(The)

.......

30,690

943,411

Liberty

Broadband

Corp.

,

Class

C

,

NVS

..........

11,101

922,715

Liberty

Media

Corp.-Liberty

SiriusXM

,

Series

C

,

NVS

.

35,374

954,744

News

Corp.

,

Class

A

,

NVS

..................

44,001

969,782

Omnicom

Group,

Inc.

......................

11,827

953,611

Paramount

Global

,

Class

B

,

NVS

..............

67,217

965,908

Sirius

XM

Holdings,

Inc.

(b)

...................

182,167

852,542

Trade

Desk,

Inc.

(The)

,

Class

A

(a)

..............

13,915

980,451

10,266,985

a

Metals

&

Mining

 — 

1

.0

%

Cleveland-Cliffs,

Inc.

......................

54,885

941,827

Freeport-McMoRan,

Inc.

....................

25,548

953,452

Newmont

Corp.

..........................

25,611

1,029,306

Nucor

Corp.

............................

5,962

1,013,361

Reliance

Steel

&

Aluminum

Co.

...............

3,470

955,152

Steel

Dynamics,

Inc.

.......................

8,371

997,237

5,890,335

a

Mortgage

Real

Estate

Investment

Trusts

(REITs)

 — 

0

.2

%

Annaly

Capital

Management,

Inc.

..............

52,692

952,144

a

Multi-Utilities

 — 

1

.6

%

Ameren

Corp.

...........................

12,189

945,745

CenterPoint

Energy,

Inc.

....................

33,938

959,427

CMS

Energy

Corp.

........................

16,294

924,847

Consolidated

Edison,

Inc.

...................

10,348

932,458

Dominion

Energy,

Inc.

......................

20,175

914,735

DTE

Energy

Co.

.........................

9,102

947,609

NiSource,

Inc.

...........................

35,930

921,245

Public

Service

Enterprise

Group,

Inc.

...........

14,628

913,226

Sempra

...............................

12,927

941,991

WEC

Energy

Group,

Inc.

....................

11,514

962,801

9,364,084

a

Office

REITs

 — 

0

.3

%

Alexandria

Real

Estate

Equities,

Inc.

............

8,962

980,443

Boston

Properties,

Inc.

.....................

16,997

967,639

1,948,082

a

Oil,

Gas

&

Consumable

Fuels

 — 

4

.0

%

APA

Corp.

.............................

25,306

911,016

Cheniere

Energy,

Inc.

......................

5,390

981,789

Chesapeake

Energy

Corp.

..................

11,452

919,710

Chevron

Corp.

...........................

6,485

931,246

ConocoPhillips

..........................

8,115

937,851

Coterra

Energy,

Inc.

.......................

35,095

921,244

Devon

Energy

Corp.

.......................

20,511

922,380

Security

Shares

Value

a

Oil,

Gas

&

Consumable

Fuels

(continued)

Diamondback

Energy,

Inc.

...................

5,996

$

925,842

EOG

Resources,

Inc.

......................

7,477

920,194

EQT

Corp.

.............................

23,356

933,306

Exxon

Mobil

Corp.

........................

8,960

920,550

Hess

Corp.

.............................

6,480

910,829

HF

Sinclair

Corp.

.........................

17,260

905,805

Kinder

Morgan,

Inc.

,

Class

P

.................

55,274

971,164

Marathon

Oil

Corp.

........................

36,619

931,221

Marathon

Petroleum

Corp.

..................

6,285

937,659

Occidental

Petroleum

Corp.

..................

15,315

905,882

ONEOK,

Inc.

............................

14,028

965,828

Ovintiv,

Inc.

.............................

20,854

924,666

Phillips

66

..............................

7,928

1,021,840

Pioneer

Natural

Resources

Co.

...............

3,945

913,820

Targa

Resources

Corp.

.....................

10,811

977,855

Texas

Pacific

Land

Corp.

....................

571

954,683

Valero

Energy

Corp.

.......................

7,506

940,952

Williams

Companies,

Inc.

(The)

...............

26,358

969,711

23,457,043

a

Passenger

Airlines

 — 

0

.3

%

Delta

Air

Lines,

Inc.

.......................

25,653

947,365

Southwest

Airlines

Co.

.....................

37,260

952,738

1,900,103

a

Personal

Care

Products

 — 

0

.3

%

Estee

Lauder

Companies,

Inc.

(The)

,

Class

A

......

7,647

976,446

Kenvue,

Inc.

............................

47,410

969,060

1,945,506

a

Pharmaceuticals

 — 

1

.6

%

Bristol-Myers

Squibb

Co.

....................

19,148

945,528

Catalent,

Inc.

(a)

..........................

23,449

910,994

Eli

Lilly

&

Co.

...........................

1,567

926,160

Jazz

Pharmaceuticals

PLC

..................

7,761

917,583

Johnson

&

Johnson

.......................

6,246

966,006

Merck

&

Co.,

Inc.

.........................

9,119

934,515

Pfizer,

Inc.

.............................

31,232

951,639

Royalty

Pharma

PLC

,

Class

A

................

34,769

941,197

Viatris,

Inc.

.............................

98,874

907,663

Zoetis,

Inc.

,

Class

A

.......................

5,318

939,531

9,340,816

a

Professional

Services

 — 

2

.3

%

Automatic

Data

Processing,

Inc.

...............

4,041

929,107

Booz

Allen

Hamilton

Holding

Corp.

,

Class

A

.......

7,342

918,704

Broadridge

Financial

Solutions,

Inc.

............

5,097

987,901

Ceridian

HCM

Holding,

Inc.

(b)

.................

13,409

923,880

Equifax,

Inc.

............................

4,469

972,946

Jacobs

Solutions,

Inc.

......................

6,836

869,402

Leidos

Holdings,

Inc.

......................

8,840

948,709

Paychex,

Inc.

...........................

7,884

961,611

Paycom

Software,

Inc.

.....................

5,132

932,279

Paylocity

Holding

Corp.

.....................

6,148

963,207

Robert

Half,

Inc.

.........................

11,361

931,375

SS&C

Technologies

Holdings,

Inc.

.............

16,987

955,689

TransUnion

.............................

15,616

916,972

Verisk

Analytics,

Inc.

.......................

3,912

944,474

13,156,256

a

Real

Estate

Management

&

Development

 — 

0

.5

%

CBRE

Group,

Inc.

,

Class

A

(a)

.................

11,986

946,415

CoStar

Group,

Inc.

(a)

(b)

......................

11,281

936,774

Zillow

Group,

Inc.

,

Class

C

,

NVS

(a)

.............

24,201

990,789

2,873,978

a

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

iShares

®

MSCI

USA

Equal

Weighted

ETF

(Percentages

shown

are

based

on

Net

Assets)

6

Security

Shares

Value

a

Residential

REITs

 — 

1

.6

%

American

Homes

4

Rent

,

Class

A

..............

25,945

$

941,025

AvalonBay

Communities,

Inc.

................

5,470

945,982

Camden

Property

Trust

.....................

10,568

953,868

Equity

LifeStyle

Properties,

Inc.

...............

13,469

957,646

Equity

Residential

........................

16,693

948,830

Essex

Property

Trust,

Inc.

...................

4,395

938,157

Invitation

Homes,

Inc.

......................

27,950

932,412

Mid-America

Apartment

Communities,

Inc.

........

7,640

951,027

Sun

Communities,

Inc.

.....................

7,574

979,621

UDR,

Inc.

..............................

28,161

940,577

9,489,145

a

Retail

REITs

 — 

0

.7

%

Kimco

Realty

Corp.

.......................

49,752

961,209

Realty

Income

Corp.

.......................

17,594

949,372

Regency

Centers

Corp.

....................

15,146

950,866

Simon

Property

Group,

Inc.

..................

7,628

952,661

3,814,108

a

Semiconductors

&

Semiconductor

Equipment

 — 

3

.8

%

Advanced

Micro

Devices,

Inc.

(a)

...............

7,705

933,538

Analog

Devices,

Inc.

.......................

5,094

934,138

Applied

Materials,

Inc.

.....................

6,170

924,143

Broadcom,

Inc.

..........................

1,725

1,596,884

Enphase

Energy,

Inc.

(a)

(b)

....................

9,506

960,296

Entegris,

Inc.

............................

8,895

928,638

First

Solar,

Inc.

..........................

5,878

927,431

Intel

Corp.

.............................

20,928

935,482

KLA

Corp.

..............................

1,679

914,417

Lam

Research

Corp.

......................

1,302

932,128

Lattice

Semiconductor

Corp.

.................

15,679

918,005

Marvell

Technology,

Inc.

....................

16,608

925,564

Microchip

Technology,

Inc.

...................

11,053

922,262

Micron

Technology,

Inc.

.....................

11,910

906,589

Monolithic

Power

Systems,

Inc.

...............

1,699

932,275

NVIDIA

Corp.

...........................

1,857

868,519

NXP

Semiconductors

NV

...................

4,605

939,788

ON

Semiconductor

Corp.

(a)

..................

13,248

944,980

Qorvo,

Inc.

(a)

............................

9,842

949,753

QUALCOMM,

Inc.

........................

7,230

933,031

Skyworks

Solutions,

Inc.

....................

9,883

957,959

Teradyne,

Inc.

...........................

10,059

927,742

Texas

Instruments,

Inc.

.....................

6,020

919,314

22,032,876

a

Software

 — 

6

.0

%

Adobe,

Inc.

(a)

............................

1,528

933,623

ANSYS,

Inc.

(a)

...........................

3,098

908,829

Aspen

Technology,

Inc.

.....................

5,019

944,877

Atlassian

Corp.

,

Class

A

....................

5,031

960,669

Autodesk,

Inc.

(a)

..........................

4,262

930,949

Bentley

Systems,

Inc.

,

Class

B

................

17,667

919,744

BILL

Holdings,

Inc.

........................

14,494

948,922

Cadence

Design

Systems,

Inc.

(a)

..............

3,465

946,881

Confluent,

Inc.

,

Class

A

.....................

48,315

1,025,244

Crowdstrike

Holdings,

Inc.

,

Class

A

(b)

............

4,507

1,068,114

Datadog,

Inc.

,

Class

A

.....................

8,377

976,507

DocuSign,

Inc.

...........................

21,378

921,392

Dropbox,

Inc.

,

Class

A

.....................

33,803

952,569

Dynatrace,

Inc.

..........................

18,090

968,720

Fair

Isaac

Corp.

(a)

.........................

891

969,052

Fortinet,

Inc.

(a)

...........................

18,038

948,077

Gen

Digital,

Inc.

..........................

45,038

994,439

HubSpot,

Inc.

...........................

1,969

972,548

Intuit,

Inc.

..............................

1,659

948,052

Security

Shares

Value

a

Software

(continued)

Manhattan

Associates,

Inc.

(a)

.................

4,210

$

939,040

Microsoft

Corp.

..........................

2,481

940,076

Oracle

Corp.

............................

8,008

930,610

Palantir

Technologies,

Inc.

,

Class

A

.............

43,877

879,734

Palo

Alto

Networks,

Inc.

(a)

(b)

..................

3,593

1,060,258

PTC,

Inc.

..............................

6,020

947,307

Roper

Technologies,

Inc.

....................

1,784

960,238

Salesforce,

Inc.

(a)

.........................

4,159

1,047,652

ServiceNow,

Inc.

(a)

(b)

.......................

1,404

962,779

Splunk,

Inc.

............................

6,189

937,881

Synopsys,

Inc.

(a)

.........................

1,729

939,245

Tyler

Technologies,

Inc.

.....................

2,273

929,293

UiPath,

Inc.

,

Class

A

(a)

(b)

....................

50,476

997,406

Unity

Software,

Inc.

(b)

......................

31,805

938,566

Workday,

Inc.

,

Class

A

.....................

3,950

1,069,344

Zoom

Video

Communications,

Inc.

,

Class

A

.......

14,187

962,304

Zscaler,

Inc.

(b)

...........................

4,878

963,551

34,644,492

a

Specialized

REITs

 — 

1

.8

%

American

Tower

Corp.

.....................

4,690

979,178

Crown

Castle,

Inc.

........................

8,966

1,051,533

Digital

Realty

Trust,

Inc.

....................

6,893

956,611

Equinix,

Inc.

............................

1,194

973,122

Extra

Space

Storage,

Inc.

...................

7,232

941,389

Gaming

and

Leisure

Properties,

Inc.

............

20,706

967,591

Iron

Mountain,

Inc.

........................

14,811

950,126

Public

Storage

...........................

3,628

938,781

SBA

Communications

Corp.

,

Class

A

............

3,982

983,395

VICI

Properties,

Inc.

.......................

32,739

978,569

Weyerhaeuser

Co.

........................

29,052

910,780

10,631,075

a

Specialty

Retail

 — 

2

.2

%

AutoZone,

Inc.

(a)

.........................

353

921,305

Bath

&

Body

Works,

Inc.

....................

32,221

1,051,049

Best

Buy

Co.,

Inc.

........................

13,747

975,212

Burlington

Stores,

Inc.

.....................

6,849

1,161,522

CarMax,

Inc.

(a)

(b)

..........................

14,396

920,480

Dick's

Sporting

Goods,

Inc.

..................

7,868

1,023,627

Home

Depot,

Inc.

(The)

....................

3,038

952,383

Lowe's

Companies,

Inc.

....................

4,580

910,641

O'Reilly

Automotive,

Inc.

(a)

...................

957

940,138

Ross

Stores,

Inc.

.........................

7,234

943,169

TJX

Companies,

Inc.

(The)

..................

10,457

921,366

Tractor

Supply

Co.

........................

4,665

947,042

Ulta

Beauty,

Inc.

(a)

........................

2,308

983,185

12,651,119

a

Technology

Hardware,

Storage

&

Peripherals

 — 

1

.3

%

Apple,

Inc.

.............................

4,891

929,045

Dell

Technologies,

Inc.

,

Class

C

...............

12,764

968,405

Hewlett

Packard

Enterprise

Co.

...............

59,150

1,000,227

HP,

Inc.

...............................

33,453

981,511

NetApp,

Inc.

............................

12,006

1,097,228

Seagate

Technology

Holdings

PLC

.............

12,151

961,144

Super

Micro

Computer,

Inc.

..................

3,074

840,647

Western

Digital

Corp.

(a)

.....................

19,775

955,330

7,733,537

a

Textiles,

Apparel

&

Luxury

Goods

 — 

0

.7

%

Deckers

Outdoor

Corp.

(a)

....................

1,487

987,323

Lululemon

Athletica,

Inc.

(a)

...................

2,185

976,258

Nike,

Inc.

,

Class

B

........................

8,807

971,148

iShares

®

MSCI

USA

Equal

Weighted

ETF

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

(Percentages

shown

are

based

on

Net

Assets)

7

Schedule

of

Investments

Derivative

Financial

Instruments

Outstanding

as

of

Period

End

Security

Shares

Value

a

Textiles,

Apparel

&

Luxury

Goods

(continued)

VF

Corp.

..............................

54,693

$

915,014

3,849,743

a

Tobacco

 — 

0

.3

%

Altria

Group,

Inc.

.........................

22,927

963,851

Philip

Morris

International,

Inc.

................

10,136

946,297

1,910,148

a

Trading

Companies

&

Distributors

 — 

0

.8

%

Fastenal

Co.

............................

15,370

921,739

Ferguson

PLC

...........................

5,647

967,557

United

Rentals,

Inc.

.......................

1,985

944,899

Watsco,

Inc.

............................

2,399

916,970

WW

Grainger,

Inc.

........................

1,158

910,408

4,661,573

a

Water

Utilities

 — 

0

.3

%

American

Water

Works

Co.,

Inc.

...............

7,166

944,766

Essential

Utilities,

Inc.

......................

26,730

951,855

1,896,621

a

Security

Shares

Value

a

Wireless

Telecommunication

Services

 — 

0

.2

%

T-Mobile

U.S.,

Inc.

........................

6,305

$

948,587

a

Total

Long-Term

Investments — 99.6%

(Cost:

$

548,874,280

)

................................

578,065,635

a

Short-Term

Securities

Money

Market

Funds

 — 

3

.4

%

BlackRock

Cash

Funds:

Institutional,

SL

Agency

Shares

,

5.54

%

(c)

(d)

(e)

......................

18,166,758

18,175,842

BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

,

5.34

%

(c)

(d)

............................

1,481,669

1,481,669

a

Total

Short-Term

Securities — 3.4%

(Cost:

$

19,646,056

)

.................................

19,657,511

Total

Investments

—

103.0%

(Cost:

$

568,520,336

)

................................

597,723,146

Liabilities

in

Excess

of

Other

Assets

—

(

3

.0

)

%

...............

(

17,606,445

)

Net

Assets

—

100.0%

.................................

$

580,116,701

(a)

Non-income

producing

security.

(b)

All

or

a

portion

of

this

security

is

on

loan.

(c)

Affiliate

of

the

Fund.

(d)

Annualized

7-day

yield

as

of

period

end.

(e)

All

or

a

portion

of

this

security

was

purchased

with

the

cash

collateral

from

loaned

securities.

Affiliates

Investments

in

issuers

considered

to

be

affiliate(s)

of

the

Fund

during

the

period

ended

November

30,

2023

for

purposes

of

Section

2(a)(3)

of

the

Investment

Company

Act

of

1940,

as

amended,

were

as

follows:

Affiliated

Issuer

Value

at

08/31/23

Purchases

at

Cost

Proceeds

from

Sale

Net

Realized

Gain

(Loss)

Change

in

Unrealized

Appreciation

(Depreciation)

Value

at

11/30/23

  Shares

Held

at

11/30/23

Income

  Capital

Gain

Distributions

from

Underlying

Funds

BlackRock

Cash

Funds:

Institutional,

SL

Agency

Shares

$

13,704,791

$

4,468,630

(a)

$

—

$

(

909

)

$

3,330

$

18,175,842

18,166,758

$

53,986

(b)

$

—

BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

828,406

653,263

(a)

—

—

—

1,481,669

1,481,669

11,741

—

BlackRock,

Inc.

...

901,595

111,149

(

106,368

)

18,043

51,429

975,848

1,299

6,480

—

$

17,134

$

54,759

$

20,633,359

$

72,207

$

—

(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.

Futures

Contracts

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

(000)

Value/

Unrealized

Appreciation

(Depreciation)

Long

Contracts

E-Mini

S&P

500

Index

...................................................................

4

‌

12/15/23

$

915

‌

$

31,827

‌

E-Mini

S&P

MidCap

400

Index

.............................................................

5

‌

12/15/23

1,284

‌

15,845

‌

$

47,672

‌

Schedule

of

Investments

(unaudited)

(continued)

November

30,

2023

iShares

®

MSCI

USA

Equal

Weighted

ETF

8

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

the

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

.........................................

$

578,065,635

$

—

$

—

$

578,065,635

Short-Term

Securities

Money

Market

Funds

......................................

19,657,511

—

—

19,657,511

$

597,723,146

$

—

$

—

$

597,723,146

Derivative

Financial

Instruments

(a)

Assets

Equity

Contracts

...........................................

$

47,672

$

—

$

—

$

47,672

a

(a)

Derivative

financial

instruments

are

futures

contracts.

Futures

contracts

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

instrument.

Portfolio

Abbreviation

NVS

Non-Voting

Shares