iShares^®

iShares Trust

Supplement dated April 14, 2025

to the currently effective Summary Prospectus, Prospectus and

Statement of Additional Information for the

iShares Cohen & Steers REIT ETF (ICF) and iShares Large Cap Accelerated ETF (TWOX)

(each, a “Fund” and collectively, the “Funds”)

The following name changes for the Funds will be effective on April 17, 2025.

Current Fund Name	New Fund Name
iShares Cohen & Steers REIT ETF	iShares Select U.S. REIT ETF
iShares Large Cap Accelerated ETF	iShares Large Cap Accelerated Outcome ETF

If you have any questions, please call 1‑800‑iShares (1‑800‑474‑2737).

iShares^® is a registered trademark of BlackRock Fund Advisors and its affiliates.

IS‑A‑ICF+TWOXnc‑0425

PLEASE RETAIN THIS SUPPLEMENT

FOR FUTURE REFERENCE