| Schedule of Investments (continued) | iShares® Global Tech ETF |
| June 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Common Stocks | ||||||||
| Australia — 0.2% | ||||||||
| Afterpay Ltd.(a) | 82,478 | $ | 7,320,765 | |||||
| Computershare Ltd. | 198,376 | 2,514,253 | ||||||
| 9,835,018 | ||||||||
| Brazil — 0.1% | ||||||||
| Pagseguro Digital Ltd., Class A(a)(b) | 69,947 | 3,911,436 | ||||||
| Canada — 1.8% | ||||||||
| CGI Inc.(a) | 77,520 | 7,028,455 | ||||||
| Constellation Software Inc. | 6,886 | 10,429,046 | ||||||
| Open Text Corp. | 95,373 | 4,843,280 | ||||||
| Shopify Inc., Class A(a) | 39,206 | 57,337,352 | ||||||
| 79,638,133 | ||||||||
| China — 0.4% | ||||||||
| Xiaomi Corp., Class B(a)(c) | 4,553,400 | 15,836,331 | ||||||
| Finland — 0.2% | ||||||||
| Nokia OYJ(a) | 1,971,113 | 10,560,743 | ||||||
| France — 1.0% | ||||||||
| Atos SE(b) | 33,949 | 2,067,239 | ||||||
| Capgemini SE | 55,563 | 10,685,509 | ||||||
| Dassault Systemes SE | 48,200 | 11,697,954 | ||||||
| Edenred | 86,093 | 4,908,740 | ||||||
| STMicroelectronics NV , New | 227,119 | 8,257,032 | ||||||
| Worldline SA(a)(c) | 79,454 | 7,445,203 | ||||||
| 45,061,677 | ||||||||
| Germany — 1.6% | ||||||||
| Infineon Technologies AG | 454,340 | 18,275,035 | ||||||
| SAP SE | 379,913 | 53,362,456 | ||||||
| 71,637,491 | ||||||||
| Ireland — 0.1% | ||||||||
| Seagate Technology Holdings PLC | 68,660 | 6,037,274 | ||||||
| Japan — 3.4% | ||||||||
| Advantest Corp. | 69,600 | 6,249,161 | ||||||
| Canon Inc. | 369,900 | 8,360,464 | ||||||
| FUJIFILM Holdings Corp. | 139,600 | 10,326,001 | ||||||
| Fujitsu Ltd. | 64,900 | 12,142,718 | ||||||
| Keyence Corp. | 65,240 | 32,856,372 | ||||||
| Kyocera Corp. | 122,300 | 7,555,736 | ||||||
| Murata Manufacturing Co. Ltd. | 223,300 | 17,009,842 | ||||||
| NEC Corp. | 96,300 | 4,955,055 | ||||||
| Nomura Research Institute Ltd. | 129,700 | 4,283,551 | ||||||
| NTT Data Corp. | 222,200 | 3,468,721 | ||||||
| Obic Co. Ltd. | 23,500 | 4,370,510 | ||||||
| Omron Corp. | 71,800 | 5,684,897 | ||||||
| Ricoh Co. Ltd. | 240,600 | 2,708,202 | ||||||
| Rohm Co. Ltd. | 30,500 | 2,806,844 | ||||||
| TDK Corp. | 45,300 | 5,483,773 | ||||||
| Tokyo Electron Ltd. | 54,700 | 23,651,414 | ||||||
| 151,913,261 | ||||||||
| Netherlands — 3.4% | ||||||||
| Adyen NV(a)(c) | 10,544 | 25,857,361 | ||||||
| ASM International NV | 13,511 | 4,456,293 | ||||||
| ASML Holding NV | 145,764 | 100,623,699 | ||||||
| NXP Semiconductors NV | 95,818 | 19,711,679 | ||||||
| 150,649,032 | ||||||||
| Security | Shares | Value | ||||||
| South Korea — 3.6% | ||||||||
| Samsung Electronics Co. Ltd. | 1,783,918 | $ | 127,703,782 | |||||
| Samsung SDI Co. Ltd. | 19,044 | 11,790,859 | ||||||
| SK Hynix Inc. | 186,772 | 21,080,685 | ||||||
| 160,575,326 | ||||||||
| Spain — 0.3% | ||||||||
| Amadeus IT Group SA(a) | 155,915 | 10,991,479 | ||||||
| Sweden — 0.6% | ||||||||
| Hexagon AB, Class B | 690,139 | 10,225,357 | ||||||
| Sinch AB.(a)(c) | 185,682 | 3,124,510 | ||||||
| Telefonaktiebolaget LM Ericsson, Class B | 930,359 | 11,698,244 | ||||||
| 25,048,111 | ||||||||
| Switzerland — 0.3% | ||||||||
| Logitech International SA, Registered | 60,307 | 7,323,825 | ||||||
| Temenos AG, Registered | 23,018 | 3,700,708 | ||||||
| 11,024,533 | ||||||||
| Taiwan — 4.4% | ||||||||
| Delta Electronics Inc. | 669,000 | 7,267,922 | ||||||
| Hon Hai Precision Industry Co. Ltd. | 4,337,378 | 17,414,592 | ||||||
| MediaTek Inc. | 553,000 | 19,070,884 | ||||||
| Taiwan Semiconductor Manufacturing Co. Ltd. | 6,577,600 | 141,668,535 | ||||||
| United Microelectronics Corp. | 4,015,000 | 7,613,654 | ||||||
| 193,035,587 | ||||||||
| United Kingdom — 0.2% | ||||||||
| Halma PLC | 131,718 | 4,907,184 | ||||||
| Sage Group PLC (The) | 390,844 | 3,702,165 | ||||||
| 8,609,349 | ||||||||
| United States — 77.8% | ||||||||
| Accenture PLC, Class A | 220,937 | 65,130,018 | ||||||
| Adobe Inc.(a) | 166,094 | 97,271,290 | ||||||
| Advanced Micro Devices Inc.(a) | 422,842 | 39,717,549 | ||||||
| Akamai Technologies Inc.(a) | 56,877 | 6,631,858 | ||||||
| Amphenol Corp., Class A | 207,034 | 14,163,196 | ||||||
| Analog Devices Inc. | 128,380 | 22,101,901 | ||||||
| ANSYS Inc.(a) | 30,257 | 10,500,994 | ||||||
| Apple Inc. | 5,450,544 | 746,506,506 | ||||||
| Applied Materials Inc. | 318,860 | 45,405,664 | ||||||
| Arista Networks Inc.(a) | 19,129 | 6,930,628 | ||||||
| Autodesk Inc.(a) | 76,546 | 22,343,777 | ||||||
| Automatic Data Processing Inc. | 147,856 | 29,367,159 | ||||||
| Broadcom Inc. | 141,875 | 67,651,675 | ||||||
| Broadridge Financial Solutions Inc. | 40,251 | 6,501,744 | ||||||
| Cadence Design Systems Inc.(a) | 96,920 | 13,260,594 | ||||||
| CDW Corp./DE | 48,930 | 8,545,625 | ||||||
| Cisco Systems Inc. | 1,464,313 | 77,608,589 | ||||||
| Citrix Systems Inc. | 43,088 | 5,052,930 | ||||||
| Cognizant Technology Solutions Corp., Class A | 183,262 | 12,692,726 | ||||||
| Corning Inc. | 270,406 | 11,059,605 | ||||||
| DXC Technology Co.(a) | 89,367 | 3,479,951 | ||||||
| Enphase Energy Inc.(a)(b) | 47,155 | 8,659,073 | ||||||
| F5 Networks Inc.(a) | 20,715 | 3,866,662 | ||||||
| Fidelity National Information Services Inc. | 215,462 | 30,524,502 | ||||||
| Fiserv Inc.(a) | 207,242 | 22,152,097 | ||||||
| FleetCor Technologies Inc.(a) | 29,059 | 7,440,848 | ||||||
| Fortinet Inc.(a) | 47,095 | 11,217,558 | ||||||
| Gartner Inc.(a) | 29,910 | 7,244,202 | ||||||
| Global Payments Inc. | 102,309 | 19,187,030 | ||||||
| Hewlett Packard Enterprise Co. | 455,201 | 6,636,831 | ||||||
| HP Inc. | 417,400 | 12,601,306 | ||||||
1
| Schedule of Investments (unaudited) (continued) | iShares® Global Tech ETF |
| June 30, 2021 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| United States (continued) | ||||||||
| Intel Corp. | 1,403,085 | $ | 78,769,192 | |||||
| International Business Machines Corp. | 310,472 | 45,512,090 | ||||||
| Intuit Inc. | 94,951 | 46,542,132 | ||||||
| IPG Photonics Corp.(a) | 12,377 | 2,608,700 | ||||||
| Jack Henry & Associates Inc. | 25,813 | 4,220,684 | ||||||
| Juniper Networks Inc. | 111,946 | 3,061,723 | ||||||
| Keysight Technologies Inc.(a) | 64,014 | 9,884,402 | ||||||
| KLA Corp. | 53,262 | 17,268,073 | ||||||
| Lam Research Corp. | 49,556 | 32,246,089 | ||||||
| Mastercard Inc., Class A | 303,962 | 110,973,487 | ||||||
| Maxim Integrated Products Inc. | 93,449 | 9,845,787 | ||||||
| Microchip Technology Inc. | 95,047 | 14,232,338 | ||||||
| Micron Technology Inc.(a) | 389,229 | 33,076,680 | ||||||
| Microsoft Corp. | 2,616,998 | 708,944,758 | ||||||
| Monolithic Power Systems Inc. | 14,930 | 5,575,609 | ||||||
| Motorola Solutions Inc. | 58,907 | 12,773,983 | ||||||
| NetApp Inc. | 77,687 | 6,356,350 | ||||||
| NortonLifeLock Inc. | 201,805 | 5,493,132 | ||||||
| NVIDIA Corp. | 216,475 | 173,201,648 | ||||||
| Oracle Corp. | 631,224 | 49,134,476 | ||||||
| Paychex Inc. | 111,043 | 11,914,914 | ||||||
| Paycom Software Inc.(a) | 17,139 | 6,229,512 | ||||||
| PayPal Holdings Inc.(a) | 408,201 | 118,982,428 | ||||||
| PTC Inc.(a) | 36,450 | 5,148,927 | ||||||
| Qorvo Inc.(a) | 39,311 | 7,691,197 | ||||||
| QUALCOMM Inc. | 391,950 | 56,021,414 | ||||||
| salesforce.com Inc.(a) | 321,757 | 78,595,582 | ||||||
| ServiceNow Inc.(a) | 68,611 | 37,705,175 | ||||||
| Skyworks Solutions Inc. | 57,124 | 10,953,527 | ||||||
| StoneCo Ltd., Class A(a) | 79,821 | 5,352,796 | ||||||
| Synopsys Inc.(a) | 53,024 | 14,623,489 | ||||||
| TE Connectivity Ltd. | 114,673 | 15,504,936 | ||||||
| Teradyne Inc. | 57,478 | 7,699,753 | ||||||
| Texas Instruments Inc. | 321,141 | 61,755,414 | ||||||
| Trimble Inc.(a) | 87,079 | 7,125,675 | ||||||
| Tyler Technologies Inc.(a) | 14,064 | 6,362,132 | ||||||
| VeriSign Inc.(a) | 34,318 | 7,813,865 | ||||||
| Visa Inc., Class A | 587,854 | 137,452,022 | ||||||
| Western Digital Corp.(a) | 106,819 | 7,602,308 | ||||||
| Western Union Co. (The) | 140,229 | 3,221,060 | ||||||
| Security | Shares | Value | ||||||
| United States (continued) | ||||||||
| Xilinx Inc. | 85,377 | $ | 12,348,929 | |||||
| Zebra Technologies Corp., Class A(a) | 18,646 | 9,872,871 | ||||||
| 3,441,153,347 | ||||||||
| Total Common Stocks — 99.4% | ||||||||
| (Cost: $2,446,180,980) | 4,395,518,128 | |||||||
| Preferred Stocks | ||||||||
| South Korea — 0.5% | ||||||||
| Samsung Electronics Co. Ltd., Preference Shares, NVS | 285,105 | 18,660,133 | ||||||
| Total Preferred Stocks — 0.5% | ||||||||
| (Cost: $9,317,321) | 18,660,133 | |||||||
| Short-Term Investments | ||||||||
| Money Market Funds — 0.4% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 0.07%(d)(e)(f) | 14,631,117 | 14,639,896 | ||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(d)(e) | 4,012,000 | 4,012,000 | ||||||
| 18,651,896 | ||||||||
| Total Short-Term Investments — 0.4% | ||||||||
| (Cost: $18,649,570) | 18,651,896 | |||||||
| Total Investments in Securities — 100.3% | ||||||||
| (Cost: $2,474,147,871) | 4,432,830,157 | |||||||
| Other Assets, Less Liabilities — (0.3)% | (11,606,325 | ) | ||||||
| Net Assets — 100.0% | $ | 4,421,223,832 | ||||||
| (a) | Non-income producing security. |
| (b) | All or a portion of this security is on loan. |
| (c) | 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. |
| (d) | Affiliate of the Fund. |
| (e) | Annualized 7-day yield as of period-end. |
| (f) | All or a portion of this security was purchased with cash collateral received from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value
at 03/31/21 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change
in Unrealized Appreciation (Depreciation) | Value
at 06/30/21 | Shares Held at 06/30/21 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 22,633,344 | $ | — | $ | (7,993,474 | )(a) | $ | (392 | ) | $ | 418 | $ | 14,639,896 | 14,631,117 | $ | 6,750 | (b) | $ | — | ||||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares | 3,912,000 | 100,000 | (a) | — | — | — | 4,012,000 | 4,012,000 | 147 | — | ||||||||||||||||||||||||||
| $ | (392 | ) | $ | 418 | $ | 18,651,896 | $ | 6,897 | $ | — | ||||||||||||||||||||||||||
| (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. |
2
| Schedule of Investments (unaudited) (continued) | iShares® Global Tech ETF |
| June 30, 2021 |
Futures Contracts
| Description | Number
of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||
| Long Contracts | ||||||||||||||
| S&P Select Sector Technology E-Mini Index | 45 | 09/17/21 | $ | 6,690 | $ | 269,894 | ||||||||
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.
The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of June 30, 2021. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Investments | ||||||||||||||||
| Assets | ||||||||||||||||
| Common Stocks | $ | 3,560,677,226 | $ | 834,840,902 | $ | — | $ | 4,395,518,128 | ||||||||
| Preferred Stocks | — | 18,660,133 | — | 18,660,133 | ||||||||||||
| Money Market Funds | 18,651,896 | — | — | 18,651,896 | ||||||||||||
| $ | 3,579,329,122 | $ | 853,501,035 | $ | — | $ | 4,432,830,157 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Assets | ||||||||||||||||
| Futures Contracts | $ | 269,894 | $ | — | $ | — | $ | 269,894 | ||||||||
| (a) | Shown at the unrealized appreciation (depreciation) on the contracts. |
Portfolio Abbreviations - Equity
| NVS | Non-Voting Shares |
3