NPORT-EX 2 NPORT_0BIH_11729284_0524.htm

Schedule of Investments (unaudited) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Brazil — 3.2%          
Ambev SA   11,635,977   $25,616,922 
Atacadao SA   1,608,505    3,038,788 
B3 SA - Brasil Bolsa Balcao   13,999,524    28,527,473 
Banco Bradesco SA   3,887,072    8,476,066 
Banco BTG Pactual SA   3,013,804    18,131,381 
Banco do Brasil SA   4,349,176    22,462,750 
BB Seguridade Participacoes SA   1,744,165    10,728,928 
BRF SA(a)   1,485,651    5,256,888 
Caixa Seguridade Participacoes S/A   1,582,429    4,481,274 
CCR SA   2,571,438    5,896,154 
Centrais Eletricas Brasileiras SA   3,062,476    20,290,529 
Cia. de Saneamento Basico do Estado de Sao          
Paulo SABESP   873,427    12,285,764 
Cia. Siderurgica Nacional SA   1,727,094    4,302,194 
Cosan SA   3,112,948    8,074,492 
CPFL Energia SA   555,201    3,605,545 
Energisa SA   595,328    5,182,434 
Eneva SA(a)   1,416,164    3,352,362 
Engie Brasil Energia SA   519,381    4,286,879 
Equatorial Energia SA   2,598,818    14,466,749 
Equatorial Energia SA, NVS(a)   37,162    206,868 
Hapvida Participacoes e Investimentos SA(a)(b)   12,471,735    9,476,894 
Hypera SA   971,217    5,021,718 
JBS SA   1,953,025    10,726,778 
Klabin SA   2,101,191    8,131,216 
Localiza Rent a Car SA   2,318,554    18,867,587 
Lojas Renner SA   2,461,486    6,150,316 
Natura & Co. Holding SA   2,339,373    6,615,949 
Petroleo Brasileiro SA   9,450,054    73,247,862 
PRIO SA   2,034,546    16,122,466 
Raia Drogasil SA   3,292,735    15,720,899 
Rede D'Or Sao Luiz SA(b)   1,462,716    7,649,390 
Rumo SA   3,294,521    12,366,453 
Sendas Distribuidora SA(a)   3,438,382    7,975,679 
Suzano SA   1,980,907    18,372,121 
Telefonica Brasil SA   1,062,843    8,764,422 
TIM SA/Brazil   2,234,956    6,750,538 
TOTVS SA   1,423,199    7,784,242 
Ultrapar Participacoes SA   1,848,377    8,156,106 
Vale SA   8,611,320    103,646,122 
Vibra Energia SA   2,664,106    10,928,573 
WEG SA   4,237,391    30,302,240 
         601,448,011 
Chile — 0.4%          
Banco de Chile   115,409,962    13,703,212 
Banco de Credito e Inversiones SA   200,028    5,676,114 
Banco Santander Chile   169,631,205    8,028,754 
Cencosud SA   3,356,957    6,303,916 
Cia. Sud Americana de Vapores SA   39,341,803    2,548,618 
Empresas CMPC SA   2,904,110    6,077,369 
Empresas Copec SA   996,730    8,272,878 
Enel Americas SA   54,828,078    5,423,023 
Enel Chile SA   71,070,711    4,072,973 
Falabella SA(a)   2,182,243    6,610,841 
Latam Airlines Group SA   471,507,560    6,343,197 
         73,060,895 
China — 26.7%          
360 Security Technology Inc., Class A(a)   1,210,706    1,376,401 
37 Interactive Entertainment Network          
Technology Group Co. Ltd., Class A   367,288    734,347 
Security  Shares   Value 
         
China (continued)          
AAC Technologies Holdings Inc.   1,856,500   $5,733,495 
Advanced Micro-Fabrication          
Equipment Inc./China, Class A   105,029    1,880,797 
AECC Aviation Power Co. Ltd., Class A   428,873    2,202,999 
Agricultural Bank of China Ltd., Class A   13,172,123    7,956,899 
Agricultural Bank of China Ltd., Class H   70,155,000    29,411,123 
Aier Eye Hospital Group Co. Ltd., Class A   1,554,817    2,590,831 
Air China Ltd., Class A(a)   2,056,593    2,113,307 
Akeso Inc.(a)(b)   1,428,000    8,062,974 
Alibaba Group Holding Ltd.   39,447,656    385,188,030 
Alibaba Health Information Technology Ltd.(a)(c)   14,212,000    5,990,404 
Aluminum Corp. of China Ltd., Class A   2,234,100    2,517,470 
Aluminum Corp. of China Ltd., Class H   9,728,000    7,276,900 
Anhui Conch Cement Co. Ltd., Class A   681,186    2,251,827 
Anhui Conch Cement Co. Ltd., Class H   2,993,500    7,410,815 
Anhui Gujing Distillery Co. Ltd., Class A   62,985    2,169,210 
Anhui Gujing Distillery Co. Ltd., Class B   280,400    4,356,416 
Anhui Jianghuai Automobile Group Corp. Ltd.(a)   471,000    1,042,480 
Anhui Kouzi Distillery Co. Ltd., Class A   119,152    688,889 
Anhui Yingjia Distillery Co. Ltd., Class A   118,500    1,132,465 
Anjoy Foods Group Co. Ltd., Class A   60,500    756,555 
ANTA Sports Products Ltd.   3,247,802    34,792,710 
Asymchem Laboratories Tianjin Co. Ltd.,          
Class A   60,680    639,675 
Autohome Inc., ADR   179,607    5,100,839 
Avary Holding Shenzhen Co. Ltd., Class A   449,804    1,855,522 
AVIC Industry-Finance Holdings Co. Ltd.,          
Class A   1,757,189    696,854 
AviChina Industry & Technology Co. Ltd.,          
Class H   6,071,000    2,754,710 
Avicopter PLC, Class A   136,253    781,747 
BAIC BluePark New Energy Technology          
Co. Ltd.(a)   1,127,600    1,146,956 
Baidu Inc.(a)   5,742,430    69,586,746 
Bank of Beijing Co. Ltd., Class A   3,834,806    3,071,495 
Bank of Chengdu Co. Ltd., Class A   636,495    1,383,644 
Bank of China Ltd., Class A   6,047,700    3,696,198 
Bank of China Ltd., Class H   198,416,933    94,058,085 
Bank of Communications Co. Ltd., Class A   6,449,093    6,256,222 
Bank of Communications Co. Ltd., Class H   22,020,600    16,620,290 
Bank of Hangzhou Co. Ltd., Class A   1,005,845    1,879,984 
Bank of Jiangsu Co. Ltd., Class A   3,001,110    3,414,773 
Bank of Nanjing Co. Ltd., Class A   1,737,514    2,478,262 
Bank of Ningbo Co. Ltd., Class A   1,010,979    3,442,524 
Bank of Shanghai Co. Ltd., Class A   2,711,442    2,913,581 
Baoshan Iron & Steel Co. Ltd., Class A   3,699,673    3,513,586 
BeiGene Ltd.(a)   1,743,922    19,932,491 
Beijing Enlight Media Co. Ltd., Class A   747,795    935,057 
Beijing Enterprises Holdings Ltd.   1,292,000    4,554,304 
Beijing Enterprises Water Group Ltd.(c)   12,054,000    3,850,332 
Beijing Kingsoft Office Software Inc., Class A   71,481    2,551,485 
Beijing New Building Materials PLC, Class A   285,613    1,269,150 
Beijing Roborock Technology Co. Ltd., Class A   24,165    1,385,932 
Beijing Tiantan Biological Products Corp. Ltd.,          
Class A   249,200    972,116 
Beijing Tongrentang Co. Ltd., Class A   268,400    1,646,455 
Beijing Wantai Biological Pharmacy Enterprise          
Co. Ltd., Class A   168,130    1,576,486 
Beijing-Shanghai High Speed Railway Co. Ltd.,          
Class A   6,701,900    4,672,627 
Bilibili Inc.(a)(c)   582,514    8,422,131 
Bloomage Biotechnology Corp. Ltd.   92,105    743,226 

 

1

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
BOC Aviation Ltd.(b)   582,800   $4,329,291 
BOE Technology Group Co. Ltd., Class A   4,701,700    2,641,939 
Bosideng International Holdings Ltd.   10,116,000    5,853,330 
Brilliance China Automotive Holdings Ltd.   7,694,000    6,072,750 
BYD Co. Ltd., Class A   280,612    8,829,591 
BYD Co. Ltd., Class H   2,648,000    74,300,922 
BYD Electronic International Co. Ltd.   2,010,500    8,733,522 
C&D International Investment Group Ltd.   1,803,000    3,646,729 
Caitong Securities Co. Ltd., Class A   1,006,074    1,000,860 
Cambricon Technologies Corp. Ltd.(a)   68,154    1,632,603 
CGN Power Co. Ltd.   2,292,300    1,321,885 
CGN Power Co. Ltd., Class H(b)   27,540,000    10,553,341 
Changchun High-Tech Industry Group Co. Ltd.,          
Class A   78,694    1,135,817 
Changjiang Securities Co. Ltd., Class A   1,242,835    945,505 
Changzhou Xingyu Automotive Lighting          
Systems Co. Ltd., Class A   51,100    864,316 
Chaozhou Three-Circle Group Co. Ltd.,          
Class A   400,530    1,606,158 
China CITIC Bank Corp. Ltd., Class H   23,047,800    14,096,295 
China Coal Energy Co. Ltd., Class H   5,316,000    6,705,431 
China Communications Services Corp. Ltd.,          
Class H   6,752,000    3,248,017 
China Construction Bank Corp., Class A   1,775,468    1,720,185 
China Construction Bank Corp., Class H   242,736,760    172,276,118 
China CSSC Holdings Ltd., Class A   772,200    3,950,350 
China Eastern Airlines Corp. Ltd., Class A(a)   2,775,397    1,508,928 
China Energy Engineering Corp. Ltd.   4,607,552    1,388,902 
China Everbright Bank Co. Ltd., Class A   8,358,703    3,725,823 
China Everbright Bank Co. Ltd., Class H   5,634,000    1,811,901 
China Feihe Ltd.(b)   9,543,000    4,736,163 
China Galaxy Securities Co. Ltd., Class A   946,200    1,500,633 
China Galaxy Securities Co. Ltd., Class H   8,747,500    4,723,481 
China Gas Holdings Ltd.   7,080,800    6,703,389 
China Greatwall Technology Group Co. Ltd.,          
Class A   684,773    876,448 
China Hongqiao Group Ltd.(c)   6,923,000    11,461,940 
China International Capital Corp. Ltd., Class A   361,000    1,569,248 
China International Capital Corp. Ltd.,          
Class H(b)   4,004,400    4,780,270 
China Jushi Co. Ltd., Class A   837,540    1,319,729 
China Life Insurance Co. Ltd., Class A   451,312    1,947,182 
China Life Insurance Co. Ltd., Class H   18,735,000    26,699,299 
China Literature Ltd.(a)(b)(c)   1,047,200    3,536,021 
China Longyuan Power Group Corp. Ltd.,          
Class H   7,870,000    7,191,136 
China Medical System Holdings Ltd.   137,866    116,730 
China Mengniu Dairy Co. Ltd.   7,702,000    14,202,740 
China Merchants Bank Co. Ltd., Class A   3,100,589    14,620,877 
China Merchants Bank Co. Ltd., Class H   9,821,967    44,008,874 
China Merchants Energy Shipping Co. Ltd.,          
Class A   1,428,800    1,745,449 
China Merchants Expressway Network &          
Technology Holdings Co. Ltd.   687,500    1,111,939 
China Merchants Port Holdings Co. Ltd.   3,606,000    5,136,029 
China Merchants Securities Co. Ltd., Class A   1,487,479    2,907,627 
China Merchants Shekou Industrial Zone          
Holdings Co. Ltd., Class A   1,377,890    1,828,078 
China Minsheng Banking Corp. Ltd., Class A   6,921,455    3,725,126 
China Minsheng Banking Corp. Ltd., Class H   14,663,048    5,554,468 
China National Building Material Co. Ltd.,          
Class H   10,012,000    4,020,114 
Security  Shares   Value 
         
China (continued)          
China National Chemical Engineering Co. Ltd.,          
Class A   1,291,567   $1,457,195 
China National Nuclear Power Co. Ltd.,          
Class A   3,229,500    4,257,892 
China Northern Rare Earth Group High-Tech          
Co. Ltd., Class A   709,654    1,849,256 
China Oilfield Services Ltd., Class H   4,642,000    4,961,169 
China Overseas Land & Investment Ltd.   9,734,960    18,448,296 
China Pacific Insurance Group Co. Ltd.,          
Class A   1,152,607    4,565,904 
China Pacific Insurance Group Co. Ltd.,          
Class H   6,504,600    17,053,442 
China Petroleum & Chemical Corp., Class A   4,827,489    4,287,029 
China Petroleum & Chemical Corp., Class H   61,706,800    39,310,208 
China Power International Development Ltd.   12,973,000    6,107,137 
China Railway Group Ltd., Class A   3,370,300    3,055,202 
China Railway Group Ltd., Class H   10,290,000    5,544,458 
China Railway Signal & Communication Corp.          
Ltd., Class A   1,086,321    820,920 
China Resources Beer Holdings Co. Ltd.   4,120,000    16,580,547 
China Resources Gas Group Ltd.   2,387,700    8,307,788 
China Resources Land Ltd.   8,173,333    29,826,591 
China Resources Microelectronics Ltd.   293,893    1,542,510 
China Resources Mixc Lifestyle Services Ltd.(b)   1,717,400    6,004,237 
China Resources Pharmaceutical Group Ltd.(b)   4,095,500    3,037,697 
China Resources Power Holdings Co. Ltd.   4,960,999    14,064,775 
China Resources Sanjiu Medical &          
Pharmaceutical Co. Ltd., Class A   173,249    1,449,873 
China Ruyi Holdings Ltd.(a)(c)   14,844,000    4,070,339 
China Shenhua Energy Co. Ltd., Class A   1,107,739    6,452,686 
China Shenhua Energy Co. Ltd., Class H   8,488,500    41,239,372 
China Southern Airlines Co. Ltd., Class A(a)   1,332,300    1,077,907 
China State Construction Engineering Corp.          
Ltd., Class A   5,952,171    4,613,399 
China State Construction International          
Holdings Ltd.   5,534,000    7,327,045 
China Taiping Insurance Holdings Co. Ltd.   3,868,860    4,196,714 
China Three Gorges Renewables Group Co.          
Ltd., Class A   5,155,225    3,314,939 
China Tourism Group Duty Free Corp. Ltd.(b)(c)   213,200    1,705,754 
China Tourism Group Duty Free Corp. Ltd.,          
Class A   361,232    3,537,765 
China Tower Corp. Ltd., Class H(b)   112,906,000    13,332,087 
China United Network Communications Ltd.,          
Class A   5,099,600    3,209,886 
China Vanke Co. Ltd., Class A   1,416,166    1,606,845 
China Vanke Co. Ltd., Class H(c)   5,509,731    3,801,604 
China Yangtze Power Co. Ltd., Class A   3,791,015    13,885,795 
China Zhenhua Group Science & Technology          
Co. Ltd., Class A   128,200    797,279 
China Zheshang Bank Co. Ltd., Class A   4,725,630    1,939,715 
Chongqing Brewery Co. Ltd., Class A   84,600    801,438 
Chongqing Changan Automobile Co. Ltd.,          
Class A   1,294,917    2,459,066 
Chongqing Rural Commercial Bank Co. Ltd.,          
Class A   1,337,300    949,837 
Chongqing Zhifei Biological Products Co. Ltd.,          
Class A   370,013    1,671,128 
Chow Tai Fook Jewellery Group Ltd.(c)   5,143,200    6,626,544 
CITIC Ltd.   14,920,000    15,130,989 
Citic Pacific Special Steel Group Co. Ltd.   508,800    1,056,834 
CITIC Securities Co. Ltd., Class A   1,603,793    4,116,861 

 

2

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
CITIC Securities Co. Ltd., Class H   4,059,100   $6,321,195 
CMOC Group Ltd., Class A   3,356,298    3,857,728 
CMOC Group Ltd., Class H   8,919,000    8,251,623 
CNPC Capital Co. Ltd., NVS   1,454,900    1,137,776 
Contemporary Amperex Technology Co. Ltd.,          
Class A   677,734    18,401,902 
COSCO Shipping Energy Transportation Co.          
Ltd., Class A   625,000    1,515,850 
COSCO Shipping Energy Transportation Co.          
Ltd., Class H   3,230,000    4,564,013 
COSCO Shipping Holdings Co. Ltd., Class A   2,017,864    4,177,439 
COSCO Shipping Holdings Co. Ltd., Class H   7,515,349    12,584,830 
COSCO Shipping Ports Ltd.   72,553    50,297 
Country Garden Holdings Co. Ltd.(a)(c)(d)   31,100,939    1,832,356 
CRRC Corp. Ltd., Class A   3,350,600    3,216,879 
CRRC Corp. Ltd., Class H   11,428,000    6,855,244 
CSC Financial Co. Ltd., Class A   740,933    2,157,737 
CSPC Innovation Pharmaceutical Co. Ltd.   216,520    931,206 
CSPC Pharmaceutical Group Ltd.   21,048,479    17,894,787 
Daqin Railway Co. Ltd., Class A   2,764,000    2,689,848 
Dong-E-E-Jiao Co. Ltd., Class A   97,400    907,783 
Dongfang Electric Corp. Ltd., Class A   557,400    1,410,586 
Dongxing Securities Co. Ltd., Class A   859,397    990,875 
East Buy Holding Ltd.(a)(b)   1,081,000    2,545,357 
East Money Information Co. Ltd., Class A   2,438,298    4,162,747 
Eastroc Beverage Group Co. Ltd.   51,000    1,501,924 
Ecovacs Robotics Co. Ltd., Class A   122,353    841,629 
ENN Energy Holdings Ltd.   2,023,300    18,691,281 
ENN Natural Gas Co. Ltd., Class A   413,300    1,035,414 
Eoptolink Technology Inc. Ltd.   124,600    1,484,388 
Eve Energy Co. Ltd., Class A   332,953    1,797,980 
Everbright Securities Co. Ltd., Class A   693,983    1,508,777 
Far East Horizon Ltd.   4,573,000    3,672,247 
First Capital Securities Co. Ltd., Class A   1,048,900    779,870 
Flat Glass Group Co. Ltd., Class A   256,800    872,941 
Flat Glass Group Co. Ltd., Class H   1,073,000    2,179,743 
Focus Media Information Technology Co. Ltd.,          
Class A   2,637,178    2,299,052 
Foshan Haitian Flavouring & Food Co. Ltd.,          
Class A   586,656    2,888,569 
Fosun International Ltd.   6,597,500    3,706,094 
Founder Securities Co. Ltd., Class A   1,501,700    1,706,708 
Foxconn Industrial Internet Co. Ltd., Class A   2,048,997    6,444,111 
Fuyao Glass Industry Group Co. Ltd., Class A   368,872    2,347,815 
Fuyao Glass Industry Group Co. Ltd.,          
Class H(b)   1,545,200    8,744,297 
Ganfeng Lithium Group Co. Ltd., Class A   302,273    1,398,643 
Ganfeng Lithium Group Co. Ltd., Class H(b)(c)   992,080    2,752,649 
GCL Technology Holdings Ltd.   55,516,000    10,414,035 
GD Power Development Co. Ltd., Class A   3,250,300    2,402,439 
Geely Automobile Holdings Ltd.   15,413,000    18,761,033 
GEM Co. Ltd., Class A   737,100    665,581 
Genscript Biotech Corp.(a)(c)   3,074,000    3,952,223 
GF Securities Co. Ltd., Class A   1,025,694    1,817,073 
GF Securities Co. Ltd., Class H   2,791,200    2,532,286 
Giant Biogene Holding Co. Ltd.(a)(b)   769,600    4,884,685 
GigaDevice Semiconductor Inc., Class A   123,594    1,416,102 
Ginlong Technologies Co. Ltd., Class A   70,500    558,953 
GoerTek Inc., Class A   612,900    1,454,589 
Goldwind Science & Technology Co Ltd.,          
Class A   11,693    12,550 
Gongniu Group Co. Ltd.   85,300    1,419,172 
Security  Shares   Value 
         
China (continued)          
Gotion High-tech Co. Ltd., Class A(a)   370,823   $1,037,480 
Great Wall Motor Co. Ltd.   418,200    1,495,119 
Great Wall Motor Co. Ltd., Class H   5,846,000    10,120,092 
Gree Electric Appliances Inc. of Zhuhai,          
Class A   466,400    2,609,175 
Guangdong Haid Group Co. Ltd., Class A   308,727    2,150,156 
Guangdong Investment Ltd.   7,660,110    4,341,627 
Guanghui Energy Co. Ltd., Class A   1,174,200    1,296,064 
Guangzhou Automobile Group Co. Ltd.,          
Class A   914,700    1,059,209 
Guangzhou Automobile Group Co. Ltd.,          
Class H   7,793,838    3,246,945 
Guangzhou Baiyunshan Pharmaceutical          
Holdings Co. Ltd., Class A   298,196    1,288,650 
Guangzhou Kingmed Diagnostics Group Co.          
Ltd., Class A   99,284    459,739 
Guangzhou Shiyuan Electronic Technology Co.          
Ltd., Class A   153,291    691,096 
Guangzhou Tinci Materials Technology Co. Ltd.,          
Class A   356,300    957,824 
Guosen Securities Co. Ltd., Class A   1,247,151    1,535,456 
Guotai Junan Securities Co. Ltd., Class A   1,322,140    2,538,469 
H World Group Ltd., ADR   531,060    19,771,364 
Haidilao International Holding Ltd.(b)(c)   4,283,000    9,557,973 
Haier Smart Home Co. Ltd., Class A   1,078,341    4,387,358 
Haier Smart Home Co. Ltd., Class A   6,026,800    21,895,312 
Hainan Airlines Holding Co. Ltd., Class A(a)   6,903,500    1,293,122 
Hainan Airport Infrastructure Co. Ltd., NVS(a)   2,371,700    1,116,670 
Haitian International Holdings Ltd.   1,795,000    5,505,591 
Haitong Securities Co. Ltd., Class A   1,730,200    1,976,933 
Haitong Securities Co. Ltd., Class H   6,530,000    3,216,935 
Hangzhou First Applied Material Co. Ltd.,          
Class A   330,292    1,180,997 
Hangzhou Robam Appliances Co. Ltd., Class A   227,264    751,930 
Hangzhou Silan Microelectronics Co. Ltd.,          
Class A(a)   325,600    842,474 
Hangzhou Tigermed Consulting Co. Ltd.,          
Class A   87,700    651,814 
Hansoh Pharmaceutical Group Co. Ltd.(b)   3,018,000    6,207,065 
Henan Shenhuo Coal Industry & Electricity          
Power Co. Ltd.   499,000    1,588,323 
Henan Shuanghui Investment & Development          
Co. Ltd., Class A   451,600    1,573,962 
Hengan International Group Co. Ltd.   1,620,000    5,655,133 
Hengli Petrochemical Co. Ltd., Class A   1,263,691    2,494,844 
Hengyi Petrochemical Co. Ltd., Class A(a)   547,449    540,215 
Hisense Kelon Electrical Holdings Co. Ltd.,          
Class H   887,136    4,027,074 
Hithink RoyalFlush Information Network Co.          
Ltd., Class A   85,600    1,374,219 
HLA Group Corp. Ltd., Class A   726,200    966,614 
Hoshine Silicon Industry Co. Ltd., Class A   156,000    1,134,131 
Hua Hong Semiconductor Ltd.(a)(b)   1,541,000    3,829,856 
Huadian Power International Corp. Ltd.,          
Class A   1,657,400    1,507,065 
Huadong Medicine Co. Ltd., Class A   329,805    1,433,090 
Huafon Chemical Co. Ltd., Class A   1,112,100    1,155,515 
Huagong Tech Co. Ltd., Class A   210,000    866,600 
Huaibei Mining Holdings Co. Ltd.   407,200    1,105,312 
Hualan Biological Engineering Inc., Class A   486,683    1,217,109 
Huaneng Power International Inc., Class A(a)   1,677,000    2,068,290 
Huaneng Power International Inc., Class H(a)   10,686,000    7,087,791 

 

3

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
Huatai Securities Co. Ltd., Class A   1,317,009   $2,463,627 
Huatai Securities Co. Ltd., Class H(b)   2,915,000    3,326,347 
Huaxia Bank Co. Ltd., Class A   2,663,160    2,524,704 
Huayu Automotive Systems Co. Ltd., Class A   621,468    1,374,297 
Huizhou Desay Sv Automotive Co. Ltd.,          
Class A   90,900    1,255,828 
Humanwell Healthcare Group Co. Ltd., Class A   352,300    936,191 
Hunan Valin Steel Co. Ltd., Class A   1,489,700    1,082,685 
Hundsun Technologies Inc., Class A   329,244    910,950 
Hygeia Healthcare Holdings Co. Ltd.(b)(c)   890,000    3,733,973 
Hygon Information Technology Co. Ltd., NVS   344,952    3,383,757 
IEIT Systems Co. Ltd., Class A   235,190    1,176,562 
Iflytek Co. Ltd., Class A   373,519    2,175,676 
Imeik Technology Development Co. Ltd.,          
Class A   51,660    1,430,678 
Industrial & Commercial Bank of China Ltd.,          
Class A   10,040,662    7,502,247 
Industrial & Commercial Bank of China Ltd.,          
Class H   163,738,085    92,763,768 
Industrial Bank Co. Ltd., Class A   3,196,642    7,870,513 
Industrial Securities Co. Ltd., Class A   1,943,976    1,435,820 
Ingenic Semiconductor Co. Ltd., Class A   100,300    800,776 
Inner Mongolia BaoTou Steel Union Co. Ltd.,          
Class A(a)   8,819,900    1,871,358 
Inner Mongolia Dian Tou Energy Corp. Ltd.   338,900    1,061,264 
Inner Mongolia Junzheng Energy & Chemical          
Industry Group Co. Ltd., Class A   2,041,600    1,227,784 
Inner Mongolia Yili Industrial Group Co. Ltd.,          
Class A   1,004,170    3,916,735 
Inner Mongolia Yitai Coal Co. Ltd., Class B   2,788,200    5,127,168 
Innovent Biologics Inc.(a)(b)   3,081,500    13,946,488 
iQIYI Inc., ADR(a)   1,140,046    5,278,413 
Isoftstone Information Technology Group Co.          
Ltd., NVS(a)   152,100    835,614 
JA Solar Technology Co. Ltd., Class A   571,160    1,187,153 
JCET Group Co. Ltd., Class A   383,600    1,374,076 
JD Health International Inc.(a)(b)(c)   2,841,450    9,556,515 
JD Logistics Inc.(a)(b)   4,964,300    5,428,841 
JD.com Inc.   5,876,304    87,107,572 
Jiangsu Eastern Shenghong Co. Ltd., Class A   1,103,100    1,357,842 
Jiangsu Expressway Co. Ltd., Class H   4,014,000    4,178,521 
Jiangsu Hengli Hydraulic Co. Ltd., Class A   231,688    1,581,044 
Jiangsu Hengrui Pharmaceuticals Co. Ltd.,          
Class A   1,004,241    5,852,512 
Jiangsu King's Luck Brewery JSC Ltd., Class A   213,686    1,560,180 
Jiangsu Yanghe Distillery Co. Ltd., Class A   232,650    2,985,922 
Jiangsu Yuyue Medical Equipment & Supply          
Co. Ltd., Class A   151,600    812,370 
Jiangsu Zhongtian Technology Co. Ltd.,          
Class A   614,824    1,274,228 
Jiangxi Copper Co. Ltd., Class A   271,400    952,757 
Jiangxi Copper Co. Ltd., Class H   2,975,000    6,435,730 
Jinko Solar Co. Ltd.   1,329,681    1,494,604 
Jonjee Hi-Tech Industrial & Commercial Holding          
Co. Ltd., Class A   40,933    149,029 
Kanzhun Ltd., ADR   656,038    13,940,807 
KE Holdings Inc., ADR   1,674,947    28,423,851 
Kingdee International Software Group          
Co. Ltd.(a)   7,343,000    7,560,830 
Kingsoft Corp. Ltd.   2,426,000    7,788,233 
Kuaishou Technology(a)(b)   5,890,800    42,063,691 
Kuang-Chi Technologies Co. Ltd., Class A(a)   325,700    817,287 
Security  Shares   Value 
         
China (continued)          
Kunlun Energy Co. Ltd.   10,056,000   $10,487,855 
Kunlun Tech Co. Ltd., Class A(a)   214,600    1,030,787 
Kweichow Moutai Co. Ltd., Class A   190,387    43,189,557 
LB Group Co. Ltd., Class A   550,000    1,584,519 
Legend Biotech Corp., ADR(a)   188,044    7,523,640 
Lenovo Group Ltd.   20,538,000    29,585,159 
Lens Technology Co. Ltd., Class A   1,000,800    2,108,593 
Lepu Medical Technology Beijing Co. Ltd.,          
Class A   435,370    987,012 
Li Auto Inc.(a)   3,109,590    31,470,130 
Li Ning Co. Ltd.   5,807,500    15,250,189 
Lingyi iTech Guangdong Co., Class A   1,807,080    1,228,115 
Longfor Group Holdings Ltd.(b)   5,008,000    7,946,118 
LONGi Green Energy Technology Co. Ltd.,          
Class A   1,176,071    3,011,915 
Luxshare Precision Industry Co. Ltd., Class A   1,120,646    4,908,670 
Luzhou Laojiao Co. Ltd., Class A   227,889    5,467,872 
Mango Excellent Media Co. Ltd., Class A   321,300    1,023,061 
Maxscend Microelectronics Co. Ltd., Class A   92,644    1,111,527 
Meituan, Class B(a)(b)   12,843,200    175,003,711 
Metallurgical Corp. of China Ltd., Class A   3,451,490    1,550,053 
Midea Group Co. Ltd., Class A   529,100    4,712,447 
MINISO Group Holding Ltd.(c)   950,680    5,366,581 
MMG Ltd.(a)   7,644,000    3,733,835 
Montage Technology Co. Ltd., Class A   207,800    1,516,383 
Muyuan Foods Co. Ltd., Class A   893,139    5,791,348 
NARI Technology Co. Ltd., Class A   1,116,854    3,455,364 
National Silicon Industry Group Co. Ltd.,          
Class A(a)   532,741    994,645 
NAURA Technology Group Co. Ltd., Class A   86,200    3,475,954 
NetEase Inc.   4,895,850    87,066,656 
New China Life Insurance Co. Ltd., Class A   356,802    1,601,117 
New China Life Insurance Co. Ltd., Class H   1,943,500    3,989,902 
New Hope Liuhe Co. Ltd., Class A(a)   509,097    701,064 
New Oriental Education & Technology          
Group Inc.(a)   3,780,700    30,140,672 
Ninestar Corp., Class A   310,438    1,165,970 
Ningbo Deye Technology Co. Ltd., NVS   104,020    967,080 
Ningbo Joyson Electronic Corp., Class A   346,200    748,105 
Ningbo Orient Wires & Cables Co. Ltd.(a)   150,400    995,512 
Ningbo Sanxing Medical Electric Co. Ltd.   213,400    997,839 
Ningbo Shanshan Co. Ltd.   584,403    852,809 
Ningbo Tuopu Group Co. Ltd., Class A   186,900    1,483,101 
Ningxia Baofeng Energy Group Co. Ltd.,          
Class A   1,388,600    3,139,001 
NIO Inc., ADR(a)(c)   3,443,227    18,558,994 
Nongfu Spring Co. Ltd., Class H(b)   5,134,400    27,338,500 
OFILM Group Co. Ltd., Class A(a)   627,500    698,767 
Oppein Home Group Inc., Class A   87,700    820,881 
Orient Overseas International Ltd.   331,500    5,630,347 
Orient Securities Co. Ltd., Class A   1,319,234    1,469,419 
Pangang Group Vanadium Titanium &          
Resources Co. Ltd., Class A(a)   2,017,589    816,128 
PDD Holdings Inc., ADR(a)   1,515,161    226,940,815 
People.cn Co. Ltd.   181,900    551,671 
People's Insurance Co. Group of China Ltd.          
(The), Class A   1,854,900    1,354,223 
People's Insurance Co. Group of China Ltd.          
(The), Class H   20,823,000    7,257,206 
PetroChina Co. Ltd., Class A   3,243,700    4,540,033 
PetroChina Co. Ltd., Class H   53,796,000    55,160,175 
Pharmaron Beijing Co. Ltd., Class A   236,700    672,815 

 

4

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
PICC Property & Casualty Co. Ltd., Class H   17,509,192   $22,817,434 
Ping An Bank Co. Ltd., Class A   2,958,967    4,521,437 
Ping An Insurance Group Co. of China Ltd.,          
Class A   1,556,184    9,230,717 
Ping An Insurance Group Co. of China Ltd.,          
Class H   16,962,500    86,275,757 
Piotech Inc., NVS   38,368    978,789 
Poly Developments and Holdings Group Co.          
Ltd., Class A   1,794,484    2,521,957 
Pop Mart International Group Ltd.(b)   1,216,400    5,804,115 
Postal Savings Bank of China Co. Ltd., Class A   4,740,400    3,279,509 
Postal Savings Bank of China Co. Ltd.,          
Class H(b)   19,651,000    11,123,289 
Power Construction Corp. of China Ltd.,          
Class A   2,819,000    2,077,207 
Qifu Technology Inc.   317,146    6,127,261 
Qinghai Salt Lake Industry Co. Ltd., Class A(a)   991,700    2,361,165 
Range Intelligent Computing Technology Group          
Co. Ltd.   311,800    1,107,732 
Rongsheng Petrochemical Co. Ltd., Class A   1,685,558    2,326,377 
SAIC Motor Corp. Ltd., Class A   838,106    1,622,736 
Sailun Group Co. Ltd., Class A   497,200    1,018,367 
Sanan Optoelectronics Co. Ltd., Class A   967,000    1,668,015 
Sangfor Technologies Inc., Class A(a)   80,300    605,748 
Sany Heavy Industry Co. Ltd., Class A   1,145,052    2,549,062 
Satellite Chemical Co. Ltd., Class A   701,584    1,759,504 
SDIC Capital Co. Ltd., Class A   1,741,000    1,474,373 
SDIC Power Holdings Co. Ltd., Class A   1,301,400    3,174,277 
Seres Group Co. Ltd., NVS(a)   236,600    2,899,806 
SF Holding Co. Ltd., Class A   783,635    3,971,671 
SG Micro Corp., Class A   99,321    1,061,415 
Shaanxi Coal Industry Co. Ltd., Class A   1,537,876    5,510,528 
Shandong Gold Mining Co. Ltd., Class A   469,736    1,865,829 
Shandong Gold Mining Co. Ltd., Class H(b)   1,915,750    4,120,714 
Shandong Hualu Hengsheng Chemical Co. Ltd.,          
Class A   456,880    1,806,384 
Shandong Linglong Tyre Co. Ltd., Class A   370,900    1,059,381 
Shandong Nanshan Aluminum Co. Ltd.,          
Class A   1,770,500    938,268 
Shandong Sun Paper Industry JSC Ltd.,          
Class A   422,600    877,205 
Shandong Weigao Group Medical Polymer Co.          
Ltd., Class H   6,290,000    3,667,638 
Shanghai Baosight Software Co. Ltd., Class A   323,316    1,762,845 
Shanghai Baosight Software Co. Ltd., Class B   1,623,497    3,532,637 
Shanghai BOCHU Electronic Technology Corp.          
Ltd., Class A   31,067    853,809 
Shanghai Construction Group Co. Ltd., Class A   2,257,152    723,937 
Shanghai Electric Group Co. Ltd., Class A(a)   2,988,391    1,732,605 
Shanghai Fosun Pharmaceutical Group Co.          
Ltd., Class A   388,689    1,239,288 
Shanghai International Airport Co. Ltd.,          
Class A(a)   239,598    1,145,126 
Shanghai International Port Group Co. Ltd.,          
Class A   1,028,589    804,727 
Shanghai M&G Stationery Inc., Class A   198,437    972,011 
Shanghai Pharmaceuticals Holding Co. Ltd.,          
Class A   582,800    1,455,797 
Shanghai Pharmaceuticals Holding Co. Ltd.,          
Class H   1,933,300    2,870,337 
Shanghai Pudong Development Bank Co. Ltd.,          
Class A   4,258,395    4,888,473 
Security  Shares   Value 
         
China (continued)          
Shanghai Putailai New Energy Technology Co.          
Ltd., Class A   388,566   $873,015 
Shanghai RAAS Blood Products Co. Ltd.,          
Class A   1,395,500    1,364,089 
Shanghai Rural Commercial Bank Co. Ltd.   1,907,900    2,073,224 
Shanghai United Imaging Healthcare Co.          
Ltd., NVS   135,902    2,391,481 
Shanghai Zhangjiang High-Tech Park          
Development Co. Ltd., Class A   236,100    653,516 
Shanxi Coal International Energy Group          
Co. Ltd.   362,300    789,657 
Shanxi Coking Coal Energy Group Co. Ltd.,          
Class A   972,300    1,476,429 
Shanxi Lu'an Environmental Energy          
Development Co. Ltd., Class A   497,400    1,552,813 
Shanxi Meijin Energy Co. Ltd., Class A(a)   1,152,100    881,571 
Shanxi Xinghuacun Fen Wine Factory Co. Ltd.,          
Class A   185,900    6,170,485 
Shede Spirits Co. Ltd.   54,900    544,611 
Shenergy Co. Ltd., Class A   740,100    891,392 
Shengyi Technology Co. Ltd., Class A   538,800    1,466,368 
Shennan Circuits Co. Ltd., Class A   71,840    891,048 
Shenwan Hongyuan Group Co. Ltd., Class A   4,525,170    2,834,665 
Shenzhen Inovance Technology Co. Ltd.,          
Class A   252,097    2,009,450 
Shenzhen Kangtai Biological Products Co. Ltd.,          
Class A   237,035    594,580 
Shenzhen Mindray Bio-Medical Electronics Co.          
Ltd., Class A   175,032    6,986,183 
Shenzhen New Industries Biomedical          
Engineering Co. Ltd., Class A   139,800    1,456,923 
Shenzhen Transsion Holdings Co. Ltd., Class A   124,533    2,247,606 
Shenzhou International Group Holdings Ltd.   2,112,100    21,274,116 
Shijiazhuang Yiling Pharmaceutical Co. Ltd.,          
Class A   297,500    743,545 
Sichuan Chuantou Energy Co. Ltd., Class A   921,160    2,283,595 
Sichuan Kelun Pharmaceutical Co. Ltd.,          
Class A   320,678    1,411,296 
Sichuan Road & Bridge Group Co. Ltd.,          
Class A   1,397,880    1,512,387 
Sichuan Swellfun Co. Ltd., Class A   100,393    624,695 
Sieyuan Electric Co. Ltd.   116,500    1,130,859 
Sino Biopharmaceutical Ltd.(c)   26,429,750    9,644,500 
Sinoma Science & Technology Co. Ltd.,          
Class A   414,400    854,762 
Sinopharm Group Co. Ltd., Class H   3,570,800    9,717,309 
Sinotruk Hong Kong Ltd.   1,710,500    3,978,154 
Smoore International Holdings Ltd.(b)(c)   4,699,000    5,241,653 
Songcheng Performance Development Co. Ltd.,          
Class A   621,518    873,554 
SooChow Securities Co. Ltd., Class A   891,900    792,092 
Spring Airlines Co. Ltd., Class A(a)   191,000    1,476,197 
StarPower Semiconductor Ltd., Class A   45,500    547,327 
Sungrow Power Supply Co. Ltd., Class A   235,700    3,202,006 
Sunny Optical Technology Group Co. Ltd.   1,798,000    9,926,660 
Sunwoda Electronic Co. Ltd., Class A   445,900    951,236 
SUPCON Technology Co. Ltd.   183,243    1,077,376 
Suzhou Dongshan Precision Manufacturing Co.          
Ltd., Class A   442,300    956,920 
Suzhou Maxwell Technologies Co. Ltd.,          
Class A   49,440    894,390 
Suzhou TFC Optical Communication Co. Ltd.   96,880    1,175,292 

 

5

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
China (continued)          
TAL Education Group, ADR(a)   1,126,511   $12,797,165 
TBEA Co. Ltd., Class A   941,680    1,934,953 
TCL Technology Group Corp., Class A(a)   2,597,430    1,530,401 
TCL Zhonghuan Renewable Energy Technology          
Co. Ltd., Class A   696,216    1,060,460 
Tencent Holdings Ltd.   16,750,800    777,129,258 
Tencent Music Entertainment Group, ADR   1,918,772    27,726,255 
Thunder Software Technology Co. Ltd., Class A   79,987    622,126 
Tianqi Lithium Corp., Class A   253,800    1,260,200 
Tingyi Cayman Islands Holding Corp.   5,248,000    6,411,026 
Tongcheng Travel Holdings Ltd.(a)   3,342,000    7,651,740 
TongFu Microelectronics Co. Ltd., Class A   340,500    1,080,096 
Tongkun Group Co. Ltd., Class A(a)   686,700    1,425,408 
Tongling Nonferrous Metals Group Co. Ltd.,          
Class A   1,915,400    1,044,059 
Tongwei Co. Ltd., Class A   714,284    2,259,390 
Topsports International Holdings Ltd.(b)   4,977,000    3,248,550 
TravelSky Technology Ltd., Class H   2,629,000    3,462,894 
Trina Solar Co. Ltd.   361,797    1,102,141 
Trip.com Group Ltd.(a)   1,401,162    71,612,056 
Tsingtao Brewery Co. Ltd., Class A   121,790    1,302,315 
Tsingtao Brewery Co. Ltd., Class H   1,550,000    10,995,741 
Unigroup Guoxin Microelectronics Co. Ltd.,          
Class A(a)   157,539    1,198,677 
Unisplendour Corp. Ltd., Class A(a)   503,854    1,523,156 
Vipshop Holdings Ltd., ADR.   918,679    14,763,172 
Walvax Biotechnology Co. Ltd., Class A   353,947    650,832 
Wanhua Chemical Group Co. Ltd., Class A   498,091    5,998,244 
Want Want China Holdings Ltd.   12,652,000    7,619,932 
Weichai Power Co. Ltd., Class A   1,327,244    2,908,948 
Weichai Power Co. Ltd., Class H   4,777,800    8,582,501 
Wens Foodstuffs Group Co. Ltd., Class A   1,138,570    3,355,419 
Western Mining Co. Ltd., Class A   360,300    921,964 
Western Securities Co. Ltd., Class A   1,153,810    1,077,056 
Western Superconducting Technologies Co.          
Ltd., Class A   83,012    488,271 
Will Semiconductor Co. Ltd. Shanghai, Class A   201,370    2,603,596 
Wingtech Technology Co. Ltd., Class A(a)   218,000    916,376 
Wuhan Guide Infrared Co. Ltd., Class A   1,316,632    1,188,858 
Wuliangye Yibin Co. Ltd., Class A   594,728    11,972,067 
WUS Printed Circuit Kunshan Co. Ltd., Class A   358,923    1,549,922 
WuXi AppTec Co. Ltd., Class A   405,629    2,343,447 
WuXi AppTec Co. Ltd., Class H(b)   892,270    3,896,444 
Wuxi Biologics Cayman Inc.(a)(b)   9,728,500    13,957,841 
XCMG Construction Machinery Co. Ltd.,          
Class A   1,763,469    1,761,325 
Xiaomi Corp., Class B(a)(b)   38,820,400    86,924,591 
Xinjiang Daqo New Energy Co. Ltd.(a)   330,552    1,218,032 
Xinyi Solar Holdings Ltd.   12,774,000    8,453,006 
XPeng Inc., Class A(a)(c)   3,059,176    12,692,755 
Yadea Group Holdings Ltd.(b)   3,216,000    5,145,505 
Yankuang Energy Group Co. Ltd., Class A   654,100    2,267,785 
Yankuang Energy Group Co. Ltd., Class H   5,732,200    14,327,078 
Yantai Jereh Oilfield Services Group Co. Ltd.,          
Class A   272,698    1,313,773 
Yealink Network Technology Corp. Ltd., Class A   179,942    917,282 
Yifeng Pharmacy Chain Co. Ltd., Class A   200,690    1,244,745 
Yihai Kerry Arawana Holdings Co. Ltd., Class A   297,400    1,230,563 
Yintai Gold Co. Ltd., Class A   600,800    1,605,586 
YongXing Special Materials Technology Co.          
Ltd., Class A   99,330    588,232 
Security  Shares   Value 
         
China (continued)          
Yonyou Network Technology Co. Ltd.,          
Class A(a)   551,851   $855,492 
YTO Express Group Co. Ltd., Class A   656,400    1,465,068 
Yum China Holdings Inc.   981,467    35,097,260 
Yunda Holding Co. Ltd., Class A   646,004    789,952 
Yunnan Aluminium Co. Ltd., Class A   645,700    1,284,397 
Yunnan Baiyao Group Co. Ltd., Class A   306,982    2,233,211 
Yunnan Energy New Material Co. Ltd., Class A   145,500    792,192 
Yutong Bus Co. Ltd., Class A   334,800    1,122,160 
Zangge Mining Co. Ltd.   371,900    1,338,464 
Zhangzhou Pientzehuang Pharmaceutical Co.          
Ltd., Class A   100,164    3,126,701 
Zhaojin Mining Industry Co. Ltd., Class H   3,820,000    6,745,570 
Zhejiang Century Huatong Group Co. Ltd.,          
Class A(a)   1,302,698    719,049 
Zhejiang China Commodities City Group Co.          
Ltd., Class A   806,700    875,462 
Zhejiang Chint Electrics Co. Ltd., Class A   474,223    1,393,574 
Zhejiang Dahua Technology Co. Ltd., Class A   552,784    1,248,878 
Zhejiang Expressway Co. Ltd., Class H   4,322,640    2,822,609 
Zhejiang Huahai Pharmaceutical Co. Ltd.,          
Class A   376,504    897,872 
Zhejiang Huayou Cobalt Co. Ltd., Class A   302,915    1,202,178 
Zhejiang Jingsheng Mechanical & Electrical Co.          
Ltd., Class A   259,484    1,145,228 
Zhejiang Juhua Co. Ltd., Class A   564,200    1,846,781 
Zhejiang Leapmotor Technology Co. Ltd.(a)(b)(c)   1,297,100    4,742,418 
Zhejiang NHU Co. Ltd., Class A   662,887    1,731,116 
Zhejiang Sanhua Intelligent Controls Co. Ltd.,          
Class A   350,500    1,111,395 
Zhejiang Supor Co. Ltd., Class A   138,782    1,013,801 
Zhejiang Zheneng Electric Power Co. Ltd.,          
Class A(a)   1,764,500    1,627,297 
Zheshang Securities Co. Ltd., Class A   928,000    1,402,953 
Zhongji Innolight Co. Ltd., Class A   127,600    2,746,389 
Zhongjin Gold Corp. Ltd., Class A   974,500    1,937,266 
Zhongsheng Group Holdings Ltd.   2,049,500    3,718,735 
Zhongtai Securities Co. Ltd.   1,776,600    1,530,978 
Zhuzhou CRRC Times Electric Co. Ltd.   1,472,600    5,767,146 
Zijin Mining Group Co. Ltd., Class A   3,362,500    8,073,573 
Zijin Mining Group Co. Ltd., Class H   13,622,000    28,931,969 
Zoomlion Heavy Industry Science and          
Technology Co. Ltd., Class A   1,066,254    1,179,424 
ZTE Corp., Class A   608,200    2,253,196 
ZTE Corp., Class H(a)   1,899,200    3,920,672 
ZTO Express Cayman Inc., ADR   1,080,676    24,628,606 
         4,964,306,168 
Colombia — 0.1%          
Bancolombia SA   634,657    5,897,566 
Interconexion Electrica SA ESP   1,165,308    5,773,272 
         11,670,838 
Czech Republic — 0.1%          
CEZ AS   405,735    16,912,497 
Komercni Banka AS   194,776    6,673,766 
Moneta Money Bank AS(b)   859,631    3,764,948 
         27,351,211 
Egypt — 0.1%          
Commercial International Bank - Egypt (CIB)   5,765,100    9,537,356 
Eastern Co. SAE   2,472,520    1,445,355 
EFG Holding S.A.E.(a)   1,436,873    468,671 

 

6

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Egypt (continued)          
Talaat Moustafa Group   2,163,003   $2,474,619 
         13,926,001 
Greece — 0.5%          
Alpha Services and Holdings SA(a)   5,539,714    9,361,860 
Eurobank Ergasias Services and Holdings SA,          
Class A(a)   6,435,679    14,049,856 
FF Group(d)   246,892    3 
Hellenic Telecommunications Organization SA   490,670    7,170,169 
Jumbo SA   299,790    8,587,576 
Motor Oil Hellas Corinth Refineries SA   161,140    4,556,457 
Mytilineos SA   258,820    10,307,101 
National Bank of Greece SA(a)   1,951,073    16,893,745 
OPAP SA   468,507    7,447,375 
Piraeus Financial Holdings SA(a)   2,683,850    10,543,623 
Public Power Corp. SA(a)   535,884    6,538,393 
         95,456,158 
Hungary — 0.2%          
MOL Hungarian Oil & Gas PLC   1,142,914    8,879,018 
OTP Bank Nyrt   573,962    27,716,772 
Richter Gedeon Nyrt.   353,812    8,965,223 
         45,561,013 
India — 18.4%          
ABB India Ltd.   135,243    13,474,887 
Adani Enterprises Ltd.   436,956    17,878,371 
Adani Green Energy Ltd.(a)   808,378    18,532,883 
Adani Ports & Special Economic Zone Ltd.   1,344,147    23,192,978 
Adani Power Ltd.(a)   1,959,625    17,790,528 
Ambuja Cements Ltd.   1,515,269    11,514,078 
APL Apollo Tubes Ltd.   436,040    7,859,517 
Apollo Hospitals Enterprise Ltd.   258,771    18,131,083 
Ashok Leyland Ltd.   3,876,689    10,420,280 
Asian Paints Ltd.   975,896    33,750,484 
Astral Ltd.   339,073    8,528,858 
AU Small Finance Bank Ltd.(b)   792,856    6,214,398 
Aurobindo Pharma Ltd.   673,639    9,576,719 
Avenue Supermarts Ltd.(a)(b)   418,893    21,618,648 
Axis Bank Ltd.   5,677,161    79,146,468 
Bajaj Auto Ltd.   171,948    18,727,027 
Bajaj Finance Ltd.   707,672    56,813,018 
Bajaj Finserv Ltd.   975,794    17,893,395 
Bajaj Holdings & Investment Ltd.   68,108    6,493,124 
Balkrishna Industries Ltd.   197,668    7,234,854 
Bandhan Bank Ltd.(b)   1,872,856    4,232,349 
Bank of Baroda.   2,643,001    8,410,337 
Bharat Electronics Ltd.   9,418,839    33,477,749 
Bharat Forge Ltd.   652,633    12,163,267 
Bharat Heavy Electricals Ltd.   2,650,200    9,514,867 
Bharat Petroleum Corp. Ltd.   1,937,593    14,582,507 
Bharti Airtel Ltd.   5,726,526    94,297,841 
Bosch Ltd.   15,669    5,705,434 
Britannia Industries Ltd.(a)   277,003    17,206,531 
Canara Bank   4,576,874    6,470,146 
CG Power and Industrial Solutions Ltd.   1,596,598    12,304,649 
Cholamandalam Investment and Finance          
Co. Ltd.   1,060,316    15,785,318 
Cipla Ltd.   1,342,140    23,314,260 
Coal India Ltd.   3,914,073    23,052,225 
Colgate-Palmolive India Ltd.   336,384    10,716,678 
Container Corp. of India Ltd.   697,739    9,005,417 
Cummins India Ltd.   366,102    15,608,401 
Dabur India Ltd.   1,476,167    9,640,701 
Security  Shares   Value 
         
India (continued)          
Divi's Laboratories Ltd.   305,762   $15,795,391 
DLF Ltd.   1,902,046    18,631,120 
Dr. Reddy's Laboratories Ltd.   296,027    20,563,415 
Eicher Motors Ltd.   349,458    19,835,257 
GAIL India Ltd.   5,880,676    14,424,794 
GMR Airports Infrastructure Ltd.(a)   6,106,347    6,202,171 
Godrej Consumer Products Ltd.   1,045,528    15,945,510 
Godrej Properties Ltd.(a)   322,724    10,780,945 
Grasim Industries Ltd.   673,116    18,720,765 
Havells India Ltd.   651,489    14,884,775 
HCL Technologies Ltd.   2,397,713    38,118,623 
HDFC Asset Management Co. Ltd.(b)   244,040    11,363,296 
HDFC Bank Ltd.   7,126,031    130,896,914 
HDFC Life Insurance Co. Ltd.(b)   2,468,012    16,278,860 
Hero MotoCorp Ltd.   303,789    18,659,686 
Hindalco Industries Ltd.   3,409,102    28,242,273 
Hindustan Aeronautics Ltd., NVS   510,519    30,430,936 
Hindustan Petroleum Corp. Ltd.   1,450,111    9,337,621 
Hindustan Unilever Ltd.   2,093,901    58,440,332 
ICICI Bank Ltd.   13,098,034    176,051,152 
ICICI Lombard General Insurance Co. Ltd.(b)   611,917    11,608,392 
ICICI Prudential Life Insurance Co. Ltd.(b)   908,873    5,947,940 
IDFC First Bank Ltd.(a)   8,889,400    8,151,698 
Indian Hotels Co. Ltd., Class A   2,191,975    14,670,889 
Indian Oil Corp. Ltd.   7,167,389    13,960,054 
Indian Railway Catering & Tourism Corp. Ltd.   613,277    7,508,906 
Indraprastha Gas Ltd.   9,042    47,972 
Indus Towers Ltd.(a)   1,914,196    7,983,915 
IndusInd Bank Ltd.   743,992    13,044,090 
Info Edge India Ltd.   184,389    12,601,474 
Infosys Ltd.   8,429,095    142,882,541 
InterGlobe Aviation Ltd.(a)(b)   441,682    22,165,630 
ITC Ltd.   7,633,053    39,034,556 
Jindal Stainless Ltd.   533,320    5,069,882 
Jindal Steel & Power Ltd.   912,500    11,253,567 
Jio Financial Services Ltd., NVS(a)   7,301,368    30,184,237 
JSW Energy Ltd.   782,977    5,750,062 
JSW Steel Ltd.   1,544,361    16,326,269 
Jubilant Foodworks Ltd.   1,015,643    6,020,792 
Kotak Mahindra Bank Ltd.   2,789,789    56,253,515 
Larsen & Toubro Ltd.   1,716,872    75,559,640 
LTIMindtree Ltd.(b)   228,717    12,911,592 
Lupin Ltd.   573,344    10,885,527 
Macrotech Developers Ltd.   712,998    11,787,047 
Mahindra & Mahindra Ltd.   2,383,245    71,567,111 
Mankind Pharma Ltd.(a)   205,414    5,265,701 
Marico Ltd.   1,313,556    9,365,660 
Maruti Suzuki India Ltd.   359,169    53,441,650 
Max Healthcare Institute Ltd.   1,995,695    18,006,483 
Mphasis Ltd.   195,536    5,363,819 
MRF Ltd.   5,970    8,979,965 
Muthoot Finance Ltd.   307,904    6,218,968 
Nestle India Ltd., NVS   863,183    24,360,176 
NHPC Ltd., NVS   6,993,722    8,986,048 
NMDC Ltd.   2,594,186    8,108,871 
NTPC Ltd.   11,073,188    47,665,671 
Oil & Natural Gas Corp. Ltd.   7,987,566    25,365,097 
Page Industries Ltd.   15,735    6,788,939 
PB Fintech Ltd.(a)   675,243    10,471,085 
Persistent Systems Ltd., NVS   257,706    10,534,104 
Petronet LNG Ltd.   1,903,301    6,792,776 
Phoenix Mills Ltd. (The)   197,134    7,320,442 

 

7

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
India (continued)          
PI Industries Ltd.   209,839   $8,911,488 
Pidilite Industries Ltd.   392,840    13,988,664 
Polycab India Ltd.   129,807    10,516,761 
Power Finance Corp. Ltd.   3,793,465    22,432,768 
Power Grid Corp. of India Ltd.   11,805,177    43,926,921 
Punjab National Bank.   5,586,993    8,681,859 
REC Ltd.   3,357,013    21,668,796 
Reliance Industries Ltd.   7,726,460    265,063,034 
Samvardhana Motherson International Ltd.   6,461,013    11,752,073 
SBI Cards & Payment Services Ltd.   710,561    5,900,627 
SBI Life Insurance Co. Ltd.(b)   1,148,582    19,089,518 
Shree Cement Ltd.   22,922    6,779,141 
Shriram Finance Ltd.   717,537    20,269,638 
Siemens Ltd.   229,806    19,210,601 
Solar Industries India Ltd.   61,431    6,896,257 
Sona Blw Precision Forgings Ltd.(b)   1,047,250    8,182,120 
SRF Ltd.   380,379    10,094,539 
State Bank of India   4,555,739    45,390,805 
Sun Pharmaceutical Industries Ltd.   2,446,900    42,853,631 
Sundaram Finance Ltd.   104,705    5,378,234 
Supreme Industries Ltd.   165,733    10,504,264 
Suzlon Energy Ltd.(a)   22,914,997    13,129,808 
Tata Communications Ltd.   307,413    6,559,088 
Tata Consultancy Services Ltd.   2,298,379    101,282,494 
Tata Consumer Products Ltd.   1,461,862    18,596,262 
Tata Elxsi Ltd.   88,690    7,393,847 
Tata Motors Ltd.   4,195,911    46,482,494 
Tata Motors Ltd., Class A   1,205,242    8,951,405 
Tata Power Co. Ltd. (The)   3,674,444    19,267,797 
Tata Steel Ltd.   18,872,186    37,856,043 
Tech Mahindra Ltd.   1,365,809    20,184,450 
Thermax Ltd.   44,825    2,902,358 
Titan Co. Ltd.   907,579    35,314,978 
Torrent Pharmaceuticals Ltd.   259,498    8,392,242 
Torrent Power Ltd.   362,508    6,522,180 
Trent Ltd.   469,901    25,704,725 
Tube Investments of India Ltd.   271,727    11,651,430 
TVS Motor Co. Ltd.   606,636    15,861,002 
UltraTech Cement Ltd.   293,658    34,916,912 
Union Bank of India Ltd.   3,769,611    7,246,579 
United Spirits Ltd.   743,505    10,351,961 
UPL Ltd.   1,150,853    7,019,184 
Varun Beverages Ltd.   1,162,020    19,882,373 
Vedanta Ltd.   2,786,645    15,004,226 
Wipro Ltd.   3,316,664    17,418,216 
Yes Bank Ltd.(a)   35,466,713    9,790,699 
Zomato Ltd.(a)   16,674,793    35,882,507 
         3,431,153,863 
Indonesia — 1.6%          
Adaro Energy Indonesia Tbk PT   36,692,700    6,254,694 
Amman Mineral Internasional PT(a)   16,715,300    12,420,754 
Aneka Tambang Tbk   23,288,800    2,102,159 
Astra International Tbk PT   51,524,000    13,628,643 
Bank Central Asia Tbk PT   141,145,700    80,307,999 
Bank Mandiri Persero Tbk PT   94,821,500    34,388,492 
Bank Negara Indonesia Persero Tbk PT   38,171,252    10,357,729 
Bank Rakyat Indonesia Persero Tbk PT   173,855,808    46,600,172 
Barito Pacific Tbk PT   72,180,222    4,742,516 
Chandra Asri Pacific Tbk PT   18,924,700    10,685,177 
Charoen Pokphand Indonesia Tbk PT   18,856,145    6,033,966 
GoTo Gojek Tokopedia Tbk PT(a)   2,250,533,766    9,048,433 
Indah Kiat Pulp & Paper Tbk PT   6,490,200    3,644,162 
Security  Shares   Value 
         
Indonesia (continued)          
Indofood CBP Sukses Makmur Tbk PT   6,012,500   $3,607,500 
Indofood Sukses Makmur Tbk PT   11,163,900    4,037,087 
Kalbe Farma Tbk PT   53,746,815    4,928,170 
Merdeka Copper Gold Tbk PT(a)   26,865,263    4,467,048 
Semen Indonesia Persero Tbk PT   202,437    43,477 
Sumber Alfaria Trijaya Tbk PT   47,035,000    7,670,323 
Telkom Indonesia Persero Tbk PT   126,081,400    22,489,048 
Unilever Indonesia Tbk PT   19,146,800    3,683,218 
United Tractors Tbk PT   3,823,753    5,194,421 
         296,335,188 
Kuwait — 0.8%          
Boubyan Bank KSCP   3,757,233    7,100,344 
Gulf Bank KSCP   5,439,901    4,511,741 
Kuwait Finance House KSCP   25,932,341    61,814,385 
Mabanee Co. KPSC   1,782,604    4,836,838 
Mobile Telecommunications Co. KSCP   4,975,824    7,327,847 
National Bank of Kuwait SAKP   19,947,408    55,758,092 
         141,349,247 
Malaysia — 1.4%          
AMMB Holdings Bhd   4,773,375    4,312,590 
Axiata Group Bhd   7,110,600    4,234,509 
CELCOMDIGI Bhd   9,160,700    7,416,705 
CIMB Group Holdings Bhd   16,312,100    23,750,300 
Gamuda Bhd   4,749,200    6,124,420 
Genting Bhd   5,322,300    5,385,838 
Genting Malaysia Bhd   7,398,700    4,173,142 
Hong Leong Bank Bhd   1,660,800    6,802,224 
IHH Healthcare Bhd   5,260,900    6,918,413 
Inari Amertron Bhd   6,840,200    4,737,423 
IOI Corp. Bhd   6,511,720    5,291,746 
Kuala Lumpur Kepong Bhd(c)   1,296,500    5,751,844 
Malayan Banking Bhd   13,726,600    28,965,462 
Malaysia Airports Holdings Bhd   2,044,500    4,319,188 
Maxis Bhd   6,063,100    4,681,325 
MISC Bhd   3,305,300    5,859,870 
MR DIY Group M Bhd(b)   7,921,600    3,046,122 
Nestle Malaysia Bhd   199,000    5,394,604 
Petronas Chemicals Group Bhd   7,115,300    10,153,627 
Petronas Dagangan Bhd   777,400    3,270,134 
Petronas Gas Bhd   2,041,400    7,919,261 
PPB Group Bhd   1,652,060    5,180,456 
Press Metal Aluminium Holdings Bhd   9,486,200    11,285,897 
Public Bank Bhd   36,486,750    31,794,245 
QL Resources Bhd   2,819,000    3,775,186 
RHB Bank Bhd   3,727,225    4,350,832 
Sime Darby Bhd   6,900,273    4,079,426 
Sime Darby Plantation Bhd   5,451,073    4,924,745 
Telekom Malaysia Bhd   3,137,800    4,145,643 
Tenaga Nasional Bhd   6,511,750    18,039,775 
YTL Corp. Bhd   8,733,200    6,686,661 
YTL Power International Bhd   6,189,700    6,487,713 
         259,259,326 
Mexico — 2.5%          
Alfa SAB de CV, Class A   7,657,847    5,325,942 
America Movil SAB de CV   46,524,050    43,106,007 
Arca Continental SAB de CV   1,294,036    13,199,297 
Banco del Bajio SA(b)   2,042,800    7,059,167 
Cemex SAB de CV, NVS(a)   37,484,915    28,213,383 
Coca-Cola Femsa SAB de CV   1,341,669    12,518,765 
Fibra Uno Administracion SA de CV   7,512,281    10,723,923 
Fomento Economico Mexicano SAB de CV   4,881,872    55,976,152 

 

8

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Mexico (continued)          
Gruma SAB de CV, Class B   472,991   $9,180,204 
Grupo Aeroportuario del Centro Norte SAB de          
CV, Class B   737,554    7,529,211 
Grupo Aeroportuario del Pacifico SAB de CV,          
Class B   991,000    18,645,975 
Grupo Aeroportuario del Sureste SAB de CV,          
Class B   460,247    15,477,472 
Grupo Bimbo SAB de CV, Series A   3,369,746    12,689,304 
Grupo Carso SAB de CV, Series A1   1,457,641    11,259,743 
Grupo Financiero Banorte SAB de CV, Class O   6,545,212    62,252,136 
Grupo Financiero Inbursa SAB de CV,          
Class O(a)   4,698,449    12,625,013 
Grupo Mexico SAB de CV, Series B   7,917,788    48,944,544 
Industrias Penoles SAB de CV(a)   515,328    8,155,829 
Kimberly-Clark de Mexico SAB de CV, Class A   3,887,563    8,154,797 
Operadora De Sites Mexicanos SAB de CV   3,300,821    3,437,686 
Orbia Advance Corp. SAB de CV   2,648,134    4,317,177 
Prologis Property Mexico SA de CV   1,949,219    7,932,901 
Promotora y Operadora de Infraestructura SAB          
de CV   475,785    5,223,498 
Wal-Mart de Mexico SAB de CV   12,968,200    48,757,344 
         460,705,470 
Peru — 0.3%          
Cia. de Minas Buenaventura SAA, ADR   430,863    7,712,448 
Credicorp Ltd.   169,048    27,947,015 
Southern Copper Corp.   217,792    25,836,665 
         61,496,128 
Philippines — 0.5%          
Ayala Corp.   634,246    6,457,779 
Ayala Land Inc.   17,202,700    7,736,076 
Bank of the Philippine Islands   4,791,818    9,842,388 
BDO Unibank Inc.   6,055,013    13,450,986 
International Container Terminal Services Inc.   2,596,530    15,156,778 
JG Summit Holdings Inc.   7,256,393    3,843,954 
Jollibee Foods Corp.   1,145,719    4,243,066 
Manila Electric Co.   615,880    3,864,510 
Metropolitan Bank & Trust Co.   4,751,775    5,044,066 
PLDT Inc.   193,278    4,888,625 
SM Investments Corp.   631,702    9,400,460 
SM Prime Holdings Inc.   25,846,525    11,919,026 
Universal Robina Corp.   2,226,950    4,071,833 
         99,919,547 
Poland — 1.0%          
Allegro.eu SA (a)(b)(c)   1,467,356    14,119,889 
Bank Polska Kasa Opieki SA   467,163    19,027,620 
Budimex SA   33,848    6,430,537 
CD Projekt SA   168,482    5,583,936 
Dino Polska SA(a)(b)(c)   124,497    12,405,941 
KGHM Polska Miedz SA   357,768    13,900,340 
LPP SA   2,893    12,777,719 
mBank SA(a)   38,521    6,150,186 
ORLEN SA   1,465,352    23,736,495 
PGE Polska Grupa Energetyczna SA(a)   2,321,559    4,010,304 
Powszechna Kasa Oszczednosci Bank          
Polski SA   2,224,568    33,707,475 
Powszechny Zaklad Ubezpieczen SA   1,511,711    19,239,573 
Santander Bank Polska SA   91,402    11,785,323 
         182,875,338 
Qatar — 0.8%          
Barwa Real Estate Co.   5,268,253    4,086,241 
Commercial Bank PSQC (The)   8,229,351    8,759,672 
Security  Shares   Value 
         
Qatar (continued)          
Dukhan Bank   5,049,699   $4,908,256 
Industries Qatar QSC   3,848,075    12,211,249 
Masraf Al Rayan QSC   14,281,706    9,040,044 
Mesaieed Petrochemical Holding Co.   13,189,864    6,268,885 
Ooredoo QPSC   2,058,164    5,311,085 
Qatar Electricity & Water Co. QSC   1,124,507    4,632,575 
Qatar Fuel QSC   1,702,137    6,280,690 
Qatar Gas Transport Co. Ltd.   6,644,254    7,270,731 
Qatar International Islamic Bank QSC   2,425,143    6,673,119 
Qatar Islamic Bank SAQ   4,438,944    21,028,514 
Qatar National Bank QPSC   11,681,166    43,371,973 
         139,843,034 
Russia — 0.0%          
Alrosa PJSC(d)   9,805,890    1,084 
Gazprom PJSC(a)(d)   43,696,315    4,832 
GMK Norilskiy Nickel PAO(d)   23,375,700    26 
Inter RAO UES PJSC(d)   121,651,300    13,453 
LUKOIL PJSC(a)(d)   1,533,792    170 
Mobile TeleSystems PJSC(a)(d)   3,162,662    350 
Moscow Exchange MICEX-RTS PJSC(a)(d)   5,279,850    584 
Novatek PJSC(a)(d)   3,371,230    373 
Novolipetsk Steel PJSC(a)(d)   5,629,360    622 
Ozon Holdings PLC, ADR(a)(d)   197,078    22 
PhosAgro PJSC(a)(d)   174,249    19 
PhosAgro PJSC, GDR(d)(e)   2     
PhosAgro PJSC, New(a)(d)   3,367    34 
Polyus PJSC(a)(d)   126,490    14 
Rosneft Oil Co. PJSC(a)(d)   4,281,715    473 
Sberbank of Russia PJSC(d)   39,606,181    4,380 
Severstal PAO(a)(d)   805,849    89 
Surgutneftegas PJSC(a)(d)   26,192,370    2,897 
Tatneft PJSC(a)(d)   5,175,395    572 
TCS Group Holding PLC, GDR(a)(d)(e)   445,207    49 
United Co. RUSAL International PJSC(a)(d)   11,428,270    1,264 
VK Co. Ltd.(a)(d)(e)   404,870    45 
VTB Bank PJSC(a)(d)   11,783,971,998    1,303 
X5 Retail Group NV, GDR(a)(d)(e)   424,766    47 
Yandex NV(a)(d)   1,127,576    125 
         32,827 
Saudi Arabia — 3.8%          
ACWA Power Co.   365,700    39,308,250 
Ades Holding Co.(a)   856,671    4,124,957 
Advanced Petrochemical Co.   351,833    3,771,973 
Al Rajhi Bank   4,977,561    101,391,373 
Alinma Bank   3,132,368    25,598,745 
Almarai Co. JSC   630,995    8,798,634 
Arab National Bank   2,332,438    12,296,189 
Arabian Internet & Communications          
Services Co.   60,470    4,266,772 
Bank AlBilad   1,565,246    13,584,996 
Bank Al-Jazira(a)   1,289,807    5,175,421 
Banque Saudi Fransi   1,499,993    13,433,181 
Bupa Arabia for Cooperative Insurance Co.   208,607    12,847,793 
Co. for Cooperative Insurance (The)   189,601    6,666,258 
Dallah Healthcare Co.   92,270    4,079,572 
Dar Al Arkan Real Estate Development Co.(a)   1,352,369    4,305,139 
Dr Sulaiman Al Habib Medical Services          
Group Co.   223,602    15,919,462 
Elm Co.   62,274    13,297,364 
Etihad Etisalat Co.   954,785    11,955,449 
Jarir Marketing Co.   1,495,425    5,085,223 

 

9

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Saudi Arabia (continued)          
Mobile Telecommunications Co. Saudi Arabia   1,126,460   $3,393,766 
Mouwasat Medical Services Co.   250,579    7,148,520 
Nahdi Medical Co.   100,212    3,514,100 
Power & Water Utility Co. for Jubail & Yanbu   195,787    3,068,584 
Riyad Bank   3,736,978    24,375,690 
SABIC Agri-Nutrients Co.   593,944    16,824,207 
Sahara International Petrochemical Co.   909,138    7,235,388 
SAL Saudi Logistics Services   53,704    3,688,675 
Saudi Arabian Mining Co.(a)   3,299,022    40,712,152 
Saudi Arabian Oil Co.(b)   6,679,726    51,639,418 
Saudi Aramco Base Oil Co.   132,155    4,597,722 
Saudi Awwal Bank.   2,579,089    26,372,497 
Saudi Basic Industries Corp.   2,278,312    46,264,474 
Saudi Electricity Co.   2,129,437    9,510,315 
Saudi Industrial Investment Group.   945,191    5,408,012 
Saudi Investment Bank (The)   1,565,246    5,222,767 
Saudi Kayan Petrochemical Co.(a)   1,955,244    4,154,770 
Saudi National Bank (The)   7,481,003    67,937,959 
Saudi Research & Media Group(a)   96,398    5,255,382 
Saudi Tadawul Group Holding Co.   126,382    7,989,080 
Saudi Telecom Co.   5,028,291    48,262,585 
Savola Group (The)(a)   658,951    7,597,100 
Yanbu National Petrochemical Co.   671,205    6,483,378 
         712,563,292 
South Africa — 2.8%          
Absa Group Ltd.   2,137,178    16,971,139 
Anglo American Platinum Ltd.(c)   170,750    5,601,367 
Anglogold Ashanti PLC, NVS   1,070,926    25,700,773 
Aspen Pharmacare Holdings Ltd.   981,195    12,136,836 
Bid Corp. Ltd.   857,233    18,976,405 
Bidvest Group Ltd. (The)   768,922    10,053,101 
Capitec Bank Holdings Ltd.   221,512    25,139,107 
Clicks Group Ltd.   610,802    9,587,013 
Discovery Ltd.   1,384,960    8,087,105 
Exxaro Resources Ltd.   624,937    6,054,272 
FirstRand Ltd.   12,847,576    44,572,509 
Gold Fields Ltd.   2,274,635    35,800,342 
Harmony Gold Mining Co. Ltd.   1,461,142    13,398,289 
Impala Platinum Holdings Ltd.   2,303,008    11,863,601 
Kumba Iron Ore Ltd.(c)   166,141    4,336,028 
MTN Group Ltd.   4,333,667    19,015,514 
Naspers Ltd., Class N   452,105    89,622,146 
Nedbank Group Ltd.   1,114,253    13,552,543 
NEPI Rockcastle NV   1,396,657    9,652,063 
Northam Platinum Holdings Ltd.   912,256    6,299,593 
Old Mutual Ltd.   11,976,081    6,776,989 
OUTsurance Group Ltd., NVS   2,067,241    4,407,400 
Pepkor Holdings Ltd.(b)(c)   5,163,723    4,693,968 
Reinet Investments SCA   350,633    8,836,474 
Remgro Ltd.   1,248,904    8,024,632 
Sanlam Ltd.   4,491,632    16,938,366 
Sasol Ltd.   1,464,701    9,731,470 
Shoprite Holdings Ltd.   1,277,263    16,982,068 
Sibanye Stillwater Ltd.   7,233,065    9,129,197 
Standard Bank Group Ltd.   3,418,602    32,658,029 
Vodacom Group Ltd.   1,595,867    7,854,027 
Woolworths Holdings Ltd./South Africa   2,400,246    6,957,327 
         519,409,693 
South Korea — 11.0%          
Alteogen Inc.(a)   100,308    13,468,100 
Amorepacific Corp.   74,442    10,456,788 
Security  Shares   Value 
         
South Korea (continued)          
Celltrion Inc.   389,247   $49,687,912 
Celltrion Pharm Inc.(a)(c)   47,807    3,093,792 
CJ CheilJedang Corp.   21,342    5,404,468 
CosmoAM&T Co. Ltd.(a)   61,885    6,996,070 
Coway Co. Ltd.   143,891    5,892,643 
DB Insurance Co. Ltd.   117,153    8,780,318 
Doosan Bobcat Inc.   141,587    5,920,544 
Doosan Enerbility Co. Ltd.(a)   1,145,874    17,279,147 
Ecopro BM Co. Ltd.(a)(c)   124,494    17,385,316 
Ecopro Co. Ltd.(a)(c)   253,524    17,413,588 
Ecopro Materials Co. Ltd.(a)   34,893    2,016,296 
Enchem Co. Ltd.(a)   23,196    4,917,140 
GS Holdings Corp.   118,746    3,748,989 
Hana Financial Group Inc.   743,284    33,191,789 
Hanjin Kal Corp.   67,540    3,117,846 
Hankook Tire & Technology Co. Ltd.   190,022    6,021,190 
Hanmi Pharm Co. Ltd.   18,048    3,701,500 
Hanmi Semiconductor Co. Ltd.   113,141    13,317,440 
Hanon Systems   172,681    625,735 
Hanwha Aerospace Co. Ltd.   90,605    13,513,165 
Hanwha Ocean Co. Ltd.(a)   217,358    4,676,490 
Hanwha Solutions Corp.   279,863    6,425,200 
HD Hyundai Co. Ltd.   112,985    5,630,692 
HD Hyundai Electric Co. Ltd.   38,472    8,363,780 
HD Hyundai Heavy Industries Co. Ltd.(a)   55,974    5,224,445 
HD Korea Shipbuilding & Offshore Engineering          
Co. Ltd.(a)   108,663    10,266,760 
HLB Inc.(a)   301,275    13,367,109 
HMM Co. Ltd.   608,719    7,956,091 
HYBE Co. Ltd.   53,311    7,735,534 
Hyundai Engineering & Construction Co. Ltd.   199,604    4,789,632 
Hyundai Glovis Co. Ltd.   46,635    6,069,780 
Hyundai Mobis Co. Ltd.   151,621    23,639,969 
Hyundai Motor Co.   342,256    62,805,277 
Hyundai Steel Co.   226,225    4,858,751 
Industrial Bank of Korea   690,569    6,873,354 
Kakao Corp.   794,166    25,023,180 
KakaoBank Corp.   429,184    6,940,160 
Kakaopay Corp.(a)   19,980    450,102 
Kangwon Land Inc.   113,000    1,218,859 
KB Financial Group Inc.   975,998    56,110,409 
Kia Corp.   661,165    56,434,558 
Korea Aerospace Industries Ltd.(c)   191,846    7,196,632 
Korea Electric Power Corp.(a)   661,864    9,311,616 
Korea Investment Holdings Co. Ltd.   111,004    5,235,608 
Korea Zinc Co. Ltd.(c)   21,195    8,089,353 
Korean Air Lines Co. Ltd.   459,905    6,939,685 
Krafton Inc.(a)   74,217    13,411,404 
KT Corp.   90,842    2,425,442 
KT&G Corp.   259,558    15,667,366 
Kum Yang Co. Ltd.(a)   94,403    5,747,001 
Kumho Petrochemical Co. Ltd.(c)   42,167    4,504,957 
L&F Co. Ltd.(a)   64,990    7,388,144 
LG Chem Ltd.   125,004    31,948,286 
LG Corp.   239,093    14,068,146 
LG Display Co. Ltd.(a)   783,408    5,642,491 
LG Electronics Inc.   270,563    20,580,053 
LG Energy Solution Ltd.(a)(c)   115,549    27,832,827 
LG H&H Co. Ltd.   23,786    7,195,208 
LG Innotek Co. Ltd.   35,312    6,335,045 
LG Uplus Corp.   413,381    2,886,891 
Lotte Chemical Corp.   48,175    3,948,361 

 

10

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
South Korea (continued)          
Meritz Financial Group Inc.   250,387   $13,874,344 
Mirae Asset Securities Co. Ltd.   661,799    3,459,414 
NAVER Corp.   326,865    40,465,551 
NCSoft Corp.   36,706    5,068,605 
Netmarble Corp.(a)(b)(c)   63,182    2,760,755 
NH Investment & Securities Co. Ltd.   382,606    3,398,082 
Orion Corp./Republic of Korea   60,705    4,016,354 
Posco DX Co. Ltd.(c)   135,690    3,491,143 
POSCO Future M Co. Ltd.(c)   78,797    14,403,176 
POSCO Holdings Inc.   183,085    49,097,617 
Posco International Corp.   135,046    4,230,517 
Samsung Biologics Co. Ltd.(a)(b)   45,209    23,849,806 
Samsung C&T Corp.(c)   211,762    20,724,930 
Samsung E&A Co. Ltd.(a)   395,102    6,691,836 
Samsung Electro-Mechanics Co. Ltd.   140,644    15,796,859 
Samsung Electronics Co. Ltd.   12,094,644    640,808,111 
Samsung Fire & Marine Insurance Co. Ltd.   78,432    19,800,543 
Samsung Heavy Industries Co. Ltd.(a)   1,683,850    11,222,399 
Samsung Life Insurance Co. Ltd.   204,637    12,503,740 
Samsung SDI Co. Ltd.   138,279    37,779,822 
Samsung SDS Co. Ltd.   101,263    11,233,872 
Samsung Securities Co. Ltd.   119,452    3,126,663 
Shinhan Financial Group Co. Ltd.   1,105,843    37,937,705 
SK Biopharmaceuticals Co. Ltd.(a)(c)   80,130    4,960,039 
SK Bioscience Co. Ltd.(a)   68,831    2,576,684 
SK Hynix Inc.   1,383,194    190,587,871 
SK IE Technology Co. Ltd.(a)(b)   70,291    2,203,948 
SK Inc.   93,338    11,921,601 
SK Innovation Co. Ltd.(a)   152,790    11,106,312 
SK Square Co. Ltd.(a)   253,134    14,199,966 
SK Telecom Co. Ltd.   126,277    4,659,846 
SKC Co. Ltd.(a)   49,142    4,977,045 
S-Oil Corp.   112,264    5,557,741 
Woori Financial Group Inc.   1,532,408    15,718,396 
Yuhan Corp.   147,806    7,384,214 
         2,038,759,931 
Taiwan — 18.0%          
Accton Technology Corp.   1,286,000    20,136,622 
Acer Inc.(c)   7,478,121    12,267,437 
Advantech Co. Ltd.   1,203,213    13,173,316 
Airtac International Group.   338,526    10,711,366 
Alchip Technologies Ltd.(c)   196,000    17,511,278 
ASE Technology Holding Co. Ltd.   8,069,110    39,179,321 
Asia Cement Corp.(c)   5,959,077    7,649,311 
Asia Vital Components Co. Ltd.   814,000    19,323,517 
Asustek Computer Inc.(c)   1,794,968    28,576,531 
AUO Corp.(c)   16,769,200    9,240,547 
Catcher Technology Co. Ltd.   1,488,210    10,340,159 
Cathay Financial Holding Co. Ltd.   24,233,000    42,169,838 
Chailease Holding Co. Ltd.(c)   3,647,081    17,176,540 
Chang Hwa Commercial Bank Ltd.   14,278,047    8,037,970 
Cheng Shin Rubber Industry Co. Ltd.(c)   4,662,128    8,775,103 
China Airlines Ltd.(c)   7,502,000    5,207,158 
China Development Financial Holding Corp.(a)   40,891,588    17,857,177 
China Steel Corp.(c)   30,160,313    22,136,252 
Chunghwa Telecom Co. Ltd.(c)   9,545,410    37,768,957 
Compal Electronics Inc.(c)   10,643,908    12,222,857 
CTBC Financial Holding Co. Ltd.   45,029,772    49,337,726 
Delta Electronics Inc.   4,961,000    49,989,541 
E Ink Holdings Inc.(c)   2,161,000    14,695,988 
E.Sun Financial Holding Co. Ltd.   35,865,378    31,716,264 
Eclat Textile Co. Ltd.   441,427    6,623,432 
Security  Shares   Value 
         
Taiwan (continued)          
eMemory Technology Inc.(c)   158,000   $10,763,518 
Eva Airways Corp.(c)   6,723,000    7,450,769 
Evergreen Marine Corp. Taiwan Ltd.(c)   2,573,324    16,721,760 
Far Eastern New Century Corp.   7,670,038    8,008,455 
Far EasTone Telecommunications Co. Ltd.   4,431,000    11,430,502 
Feng TAY Enterprise Co. Ltd.(c)   1,282,593    6,143,842 
First Financial Holding Co. Ltd.   27,821,089    23,666,322 
Formosa Chemicals & Fibre Corp.(c)   9,050,090    14,808,950 
Formosa Petrochemical Corp.(c)   2,886,000    6,020,545 
Formosa Plastics Corp.(c)   9,403,280    18,974,915 
Fortune Electric Co. Ltd.   292,000    6,436,007 
Fubon Financial Holding Co. Ltd.   19,711,073    44,798,320 
Gigabyte Technology Co. Ltd.(c)   1,292,000    12,770,400 
Global Unichip Corp.(c)   221,000    10,011,395 
Globalwafers Co. Ltd.   649,000    10,588,407 
Hon Hai Precision Industry Co. Ltd.   31,629,873    168,444,753 
Hotai Motor Co. Ltd.(c)   780,380    14,832,483 
Hua Nan Financial Holdings Co. Ltd.(c)   22,771,407    17,619,652 
Innolux Corp.   22,161,738    9,564,565 
Inventec Corp.(c)   6,854,281    11,414,022 
Largan Precision Co. Ltd.   249,000    17,586,064 
Lite-On Technology Corp.(c)   5,113,246    17,104,728 
MediaTek Inc.   3,850,338    147,445,127 
Mega Financial Holding Co. Ltd.   29,414,100    35,533,096 
Micro-Star International Co. Ltd.   1,837,000    10,912,083 
Nan Ya Plastics Corp.(c)   11,879,160    19,560,423 
Nanya Technology Corp.(c)   3,228,000    6,456,976 
Nien Made Enterprise Co. Ltd.   421,000    4,569,173 
Novatek Microelectronics Corp.(c)   1,465,000    27,007,902 
Pegatron Corp.   5,004,414    16,423,298 
PharmaEssentia Corp.(a)(c)   589,000    7,594,820 
Pou Chen Corp.   5,827,220    6,757,189 
President Chain Store Corp.   1,418,000    11,831,431 
Quanta Computer Inc.   6,870,000    58,370,167 
Realtek Semiconductor Corp.(c)   1,249,637    21,098,692 
Ruentex Development Co. Ltd.   4,151,916    5,730,338 
Shanghai Commercial & Savings Bank          
Ltd. (The)   9,989,229    14,221,953 
Shin Kong Financial Holding Co. Ltd.(a)(c)   33,323,149    9,734,233 
Silergy Corp.   814,000    11,920,529 
SinoPac Financial Holdings Co. Ltd.   27,231,521    19,421,777 
Synnex Technology International Corp.(c)   3,265,834    8,513,024 
Taishin Financial Holding Co. Ltd.   28,847,523    16,401,243 
Taiwan Business Bank   16,508,184    8,630,672 
Taiwan Cement Corp.(c)   16,820,748    17,174,348 
Taiwan Cooperative Financial Holding Co. Ltd.   26,557,701    20,974,114 
Taiwan High Speed Rail Corp.   5,077,000    4,706,607 
Taiwan Mobile Co. Ltd.(c)   4,483,600    14,631,562 
Taiwan Semiconductor Manufacturing Co. Ltd.   62,427,000    1,598,626,326 
Unimicron Technology Corp.(c)   3,480,000    19,780,638 
Uni-President Enterprises Corp.   12,213,839    30,196,543 
United Microelectronics Corp.(c)   28,655,000    48,782,970 
Vanguard International Semiconductor Corp.(c)   2,343,000    7,806,407 
Voltronic Power Technology Corp.   169,000    8,856,893 
Walsin Lihwa Corp.(c)   7,159,406    8,192,167 
Wan Hai Lines Ltd.(c)   1,756,090    4,320,565 
Winbond Electronics Corp.(c)   8,117,863    6,305,866 
Wistron Corp.(c)   6,627,000    23,084,853 
Wiwynn Corp.(c)   241,000    18,444,807 
WPG Holdings Ltd.   4,122,449    10,997,469 
Yageo Corp.(c)   832,940    17,098,769 
Yang Ming Marine Transport Corp.   4,374,000    9,654,288 

 

11

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Taiwan (continued)          
Yuanta Financial Holding Co. Ltd.   25,567,004   $25,054,865 
Zhen Ding Technology Holding Ltd.(c)   1,660,075    6,282,818 
         3,346,091,603 
Thailand — 1.4%          
Advanced Info Service PCL, NVDR   3,023,900    16,702,272 
Airports of Thailand PCL, NVDR(c)   10,341,200    18,305,788 
Asset World Corp. PCL, NVDR(c)   20,444,400    2,116,404 
Bangkok Dusit Medical Services PCL, NVDR   27,962,700    20,539,809 
Bangkok Expressway & Metro PCL, NVDR(c)   19,550,200    4,181,500 
BTS Group Holdings PCL, NVDR   4,545,666    595,014 
Bumrungrad Hospital PCL, NVDR   1,539,500    10,135,245 
Central Pattana PCL, NVDR(c)   5,163,100    8,054,827 
Central Retail Corp. PCL, NVDR(c)   4,634,134    3,857,997 
Charoen Pokphand Foods PCL, NVDR(a)   9,622,900    5,964,470 
CP ALL PCL, NVDR   14,464,900    22,643,541 
CP Axtra PCL, NVDR   5,419,600    4,241,943 
Delta Electronics Thailand PCL, NVDR(c)   7,917,200    15,988,032 
Energy Absolute PCL, NVDR(c)   4,292,200    2,689,783 
Global Power Synergy PCL, NVDR(c)   1,953,600    2,509,487 
Gulf Energy Development PCL, NVDR   7,495,500    8,271,111 
Home Product Center PCL, NVDR(c) C    15,773,614    3,995,775 
Indorama Ventures PCL, NVDR   4,373,580    2,753,115 
Intouch Holdings PCL, NVDR   2,676,725    4,908,214 
Kasikornbank PCL, NVDR   1,486,500    5,301,397 
Krung Thai Bank PCL, NVDR   8,810,700    4,124,272 
Krungthai Card PCL, NVDR(c)   2,679,300    3,344,356 
Land & Houses PCL, NVDR   265,073    47,566 
Minor International PCL, NVDR   8,258,420    6,916,544 
PTT Exploration & Production PCL, NVDR   3,391,839    14,262,667 
PTT Global Chemical PCL, NVDR(c)   5,740,630    5,439,149 
PTT Oil & Retail Business PCL, NVDR   7,622,800    3,759,056 
PTT PCL, NVDR   25,516,000    22,762,224 
SCB X PCL, NVDR(c)   2,132,200    6,156,737 
SCG Packaging PCL, NVDR   3,211,900    2,916,761 
Siam Cement PCL (The), NVDR   1,955,900    12,568,061 
Thai Oil PCL, NVDR   3,109,900    4,390,715 
TMBThanachart Bank PCL, NVDR(c)   62,019,900    2,851,783 
True Corp. PCL, NVDR(a)(c)   26,759,720    6,303,727 
         259,599,342 
Turkey — 0.8%          
Akbank TAS.   7,958,110    16,313,169 
Aselsan Elektronik Sanayi Ve Ticaret A/S   3,544,951    6,452,216 
BIM Birlesik Magazalar A/S   1,168,965    17,412,992 
Coca-Cola Icecek A/S   202,045    4,769,614 
Enka Insaat ve Sanayi AS   2    2 
Eregli Demir ve Celik Fabrikalari TAS   3,587,465    5,337,235 
Ford Otomotiv Sanayi AS   181,682    6,147,829 
Haci Omer Sabanci Holding AS   2,596,689    7,873,089 
KOC Holding AS   1,915,696    14,161,166 
Pegasus Hava Tasimaciligi AS(a)   567,000    3,561,385 
Sasa Polyester Sanayi AS(a)   3,346,695    4,567,747 
Tofas Turk Otomobil Fabrikasi AS   322,674    3,092,420 
Turk Hava Yollari AO(a)   1,405,630    13,206,442 
Turkcell Iletisim Hizmetleri AS   3,068,304    9,483,931 
Turkiye Is Bankasi AS, Class C   22,345,682    11,171,714 
Turkiye Petrol Rafinerileri AS   2,470,240    13,545,853 
Turkiye Sise ve Cam Fabrikalari AS   3,544,645    5,474,021 
Yapi ve Kredi Bankasi A/S(c)   8,677,424    8,703,478 
         151,274,303 
United Arab Emirates — 1.1%          
Abu Dhabi Commercial Bank PJSC   7,441,947    15,815,580 
Security  Shares   Value 
         
United Arab Emirates (continued)          
Abu Dhabi Islamic Bank PJSC   3,743,628   $11,435,593 
Abu Dhabi National Oil Co. for          
Distribution PJSC   8,085,906    7,139,287 
Aldar Properties PJSC   9,913,494    14,844,398 
Americana Restaurants International PLC   6,626,259    5,850,685 
Dubai Islamic Bank PJSC.   7,406,271    11,130,427 
Emaar Properties PJSC   16,889,868    35,223,149 
Emirates NBD Bank PJSC   4,831,914    20,456,096 
Emirates Telecommunications Group Co. PJSC   8,751,071    38,358,379 
First Abu Dhabi Bank PJSC   11,220,592    35,436,182 
Multiply Group PJSC(a)   9,878,389    5,083,011 
         200,772,787 
           
Total Common Stocks — 97.5%          
(Cost: $15,340,161,878)   .    18,134,221,214 
           

Preferred Stocks

          
           
Brazil — 1.3%          
Banco Bradesco SA, Preference Shares, NVS   13,304,923    32,103,711 
Centrais Eletricas Brasileiras SA, Class B,          
Preference Shares, NVS   643,907    4,798,431 
Cia. Energetica de Minas Gerais, Preference          
Shares, NVS   4,547,707    8,617,510 
Cia. Paranaense de Energia - Copel,          
Preference Shares, NVS   2,698,982    4,667,153 
Gerdau SA, Preference Shares, NVS   3,559,847    12,277,674 
Itau Unibanco Holding SA, Preference          
Shares, NVS   12,204,742    72,123,473 
Itausa SA, Preference Shares, NVS   13,741,819    25,463,806 
Petroleo Brasileiro SA, Preference          
Shares, NVS   12,050,164    89,018,237 
         249,069,995 
Chile — 0.1%          
Sociedad Quimica y Minera de Chile SA,          
Class B, Preference Shares   365,069    17,100,791 
           
Colombia — 0.1%          
Bancolombia SA, Preference Shares, NVS   1,148,786    10,133,933 
           
Russia — 0.0%          
Surgutneftegas PJSC, Preference          
Shares, NVS(a)(d)   25,014,400    2,766 
           
South Korea — 0.6%          
Hyundai Motor Co.          
Preference Shares, NVS   58,763    6,534,203 
Series 2, Preference Shares, NVS   93,894    10,446,403 
LG Chem Ltd., Preference Shares, NVS   20,407    3,519,732 
Samsung Electronics Co. Ltd., Preference          
Shares, NVS   2,082,483    90,860,941 
         111,361,279 
           
Total Preferred Stocks — 2.1%          
(Cost: $238,873,876)       387,668,764 

 

12

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         

Rights

          
           
China — 0.0%          
Kangmei Pharmaceutical Co. Ltd.,          
(Expires 12/31/49)(d)   255,006   $ 
           
Total Rights — 0.0%          
(Cost: $—)        
Total Long-Term Investments — 99.6%          
(Cost: $15,579,035,754)       18,521,889,978 
           

Short-Term Securities

          
           
Money Market Funds — 2.7%          
BlackRock Cash Funds: Institutional, SL Agency          
Shares, 5.49%(f)(g)(h)   495,581,655    495,730,330 
BlackRock Cash Funds: Treasury, SL Agency          
Shares, 5.28%(f)(g)   8,080,000    8,080,000 
           
Total Short-Term Securities — 2.7%          
(Cost: $503,550,384)        503,810,330 
           
Total Investments — 102.3%          
(Cost: $16,082,586,138)        19,025,700,308 
           
Liabilities in Excess of Other Assets — (2.3)%        (427,432,145)
           
Net Assets — 100.0%       $18,598,268,163 
  
(a)Non-income producing security.

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

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

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

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

(f)Affiliate of the Fund.

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

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

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2024 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 Sales
   Net Realized
Gain (Loss)
   Change in Unrealized Appreciation (Depreciation)   Value at
05/31/24
   Shares
Held at
05/31/24
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares  $706,808,674   $   $(211,109,850)(a) $130,021   $(98,515)  $495,730,330    495,581,655   $6,329,371(b)   $ 
BlackRock Cash Funds: Treasury, SL Agency Shares       8,080,000(a)                8,080,000    8,080,000    2,152,383     
                  $130,021   $(98,515)  $503,810,330        $8,481,754   $ 

 

(a)Represents net amount purchased (sold).

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

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

  

               Value/ 
           Notional   Unrealized 
   Number of   Expiration   Amount   Appreciation 
Description   Contracts    Date    (000)   (Depreciation) 
Long Contracts                    
MSCI Emerging Markets Index   1,292    06/21/24   $68,250   $(2,373,970)

 

13

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Emerging Markets ETF
May 31, 2024  

 

Forward Foreign Currency Exchange Contracts

 

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  $2,623,898,967   $15,508,457,061   $1,865,186   $18,134,221,214 
Preferred Stocks   276,304,719    111,361,279    2,766    387,668,764 
Rights                
Short-Term Securities                    
Money Market Funds   503,810,330            503,810,330 
   $3,404,014,016   $15,619,818,340   $1,867,952   $19,025,700,308 
Derivative Financial Instruments(a)                    
Liabilities                    
Equity Contracts  $(2,373,970)  $   $   $(2,373,970)

 

(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
GDR Global Depositary Receipt
JSC Joint Stock Company
NVDR Non-Voting Depositary Receipt
NVS Non-Voting Shares 
PJSC Public Joint Stock Company

 

14