Schedule of Investments (unaudited)	iShares® MSCI Sweden ETF
November 30, 2023	(Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Aerospace & Defense — 0.9%
Saab AB, Class B		52,267	$	2,686,006
Automobiles — 0.4%
Volvo Car AB, Class B(a)		388,954		1,269,549
Banks — 10.1%
Skandinaviska Enskilda Banken AB, Class A		1,035,772		12,533,439
Svenska Handelsbanken AB, Class A		952,035		8,996,017
Swedbank AB, Class A		554,156		10,157,816
				31,687,272
Biotechnology — 1.0%
Swedish Orphan Biovitrum AB(a)		126,996		3,017,755
Building Products — 7.2%
Assa Abloy AB, Class B		654,212		16,761,153
Nibe Industrier AB, Class B		989,183		5,842,441
				22,603,594
Capital Markets — 1.8%
EQT AB		232,116		5,483,276
Commercial Services & Supplies — 0.9%
Securitas AB, Class B		314,978		2,835,448
Communications Equipment — 3.0%
Telefonaktiebolaget LM Ericsson, Class B		1,911,322		9,451,332
Construction & Engineering — 1.1%
Skanska AB, Class B		222,074		3,568,827
Diversified Telecommunication Services — 1.2%
Telia Co. AB		1,539,922		3,653,098
Electronic Equipment, Instruments & Components — 4.3%
Hexagon AB, Class B		1,355,150		13,573,017
Financial Services — 10.0%
Industrivarden AB, Class A		84,833		2,552,510
Industrivarden AB, Class C		95,403		2,873,918
Investor AB, Class B		1,129,740		23,471,506
L E Lundbergforetagen AB, Class B		48,673		2,368,966
				31,266,900
Health Care Equipment & Supplies — 1.0%
Getinge AB, Class B		149,299		3,173,152
Hotels, Restaurants & Leisure — 4.0%
Evolution AB(b)		119,619		12,392,523
Household Products — 3.2%
Essity AB, Class B		397,583		9,946,466
Industrial Conglomerates — 1.7%
Investment AB Latour, Class B		96,641		2,167,656
Lifco AB, Class B		152,154		3,305,794
				5,473,450
Machinery — 34.8%
Alfa Laval AB		188,848		7,044,766

Security	Shares		Value
Machinery (continued)
Atlas Copco AB, Class A		1,753,225	$	27,063,314
Atlas Copco AB, Class B		1,018,803		13,456,173
Epiroc AB		430,146		8,022,518
Epiroc AB, Class B		254,540		4,008,378
Husqvarna AB, Class B		228,239		1,742,794
Indutrade AB		178,349		3,912,271
Sandvik AB		695,940		13,753,556
SKF AB, Class B		222,431		4,186,340
Volvo AB, Class A		130,702		3,088,321
Volvo AB, Class B		984,970		22,843,005
				109,121,436
Metals & Mining — 1.5%
Boliden AB		178,524		4,751,635
Paper & Forest Products — 2.5%
Holmen AB, Class B		49,752		2,085,169
Svenska Cellulosa AB SCA, Class B		395,460		5,875,686
				7,960,855
Real Estate Management & Development — 1.7%
Fastighets AB Balder, Class B(a)		425,552		2,513,070
Sagax AB, Class B		128,878		2,923,772
				5,436,842
Specialty Retail — 2.2%
H & M Hennes & Mauritz AB, Class B		421,573		6,752,053
Trading Companies & Distributors — 0.9%
Beijer Ref AB, Class B		251,231		2,782,192
Wireless Telecommunication Services — 0.9%
Tele2 AB, Class B		348,700		2,737,625
Total Long-Term Investments — 96.3%
(Cost: $368,524,288)				301,624,303

Short-Term Securities

Money Market Funds — 2.0%
BlackRock Cash Funds: Treasury, SL Agency Shares,
5.34%(c)(d)	6,310,000		6,310,000
Total Short-Term Securities — 2.0%
(Cost: $6,310,000)			6,310,000
Total Investments — 98.3%
(Cost: $374,834,288)			307,934,303
Other Assets Less Liabilities — 1.7%			5,172,564
Net Assets — 100.0%		$	313,106,867

^(a)  Non-income producing security.

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

^(c)  Affiliate of the Fund.

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

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Schedule of Investments (unaudited) (continued)	iShares® MSCI Sweden ETF
November 30, 2023

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(a)	$	5,098,214	$	—	$	(5,098,557	)(b)	$	358	$	(15	)	$	—		—	$	1,141	(c)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		6,320,000		—		(10,000	)(b)		—		—			6,310,000		6,310,000		83,208			—
								$	358	$	(15	)	$	6,310,000			$	84,349		$	—

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

^(b)  Represents net amount purchased (sold).

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

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

							Value/
					Notional		Unrealized
	Number of		Expiration		Amount		Appreciation
Description	Contracts		Date		(000)		(Depreciation)
Long Contracts
OMX Stockholm 30 Index		540		12/15/23	$	11,507	$	332,587

Forward Foreign Currency Exchange Contracts

							Unrealized
							Appreciation
Currency Purchased		Currency Sold		Counterparty	Settlement Date		(Depreciation)
SEK	33,164,914	USD	3,001,752	Standard Chartered Bank	12/15/23	$	157,222
USD	3,093,678	EUR	2,875,342	Standard Chartered Bank	12/15/23		(37,595	)
						$	119,627

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.

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Schedule of Investments (unaudited) (continued)	iShares® MSCI Sweden ETF
November 30, 2023

Fair Value Hierarchy as of Period End (continued)

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

	Level 1		Level 2			Level 3		Total
Assets
Investments
Long-Term Investments
Common Stocks	$	3,017,755	$	298,606,548		$	—	$	301,624,303
Short-Term Securities
Money Market Funds		6,310,000		—			—		6,310,000
	$	9,327,755	$	298,606,548		$	—	$	307,934,303
Derivative Financial Instruments(a)
Assets
Equity Contracts	$	—	$	332,586		$	—	$	332,586
Foreign Currency Exchange Contracts		—		157,222			—		157,222
Liabilities
Foreign Currency Exchange Contracts		—		(37,595	)		—		(37,595	)
	$	—	$	452,213		$	—		452,213

^(a)  Derivative financial instruments are futures contracts and forward foreign currency exchange contracts. Futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

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