| Schedule of Investments (unaudited) | iShares® Self-Driving EV and Tech ETF |
| April 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| Common Stocks | ||||||||
| Australia — 0.4% | ||||||||
| Allkem Ltd. (a) | 179,807 | $ | 1,498,550 | |||||
| Novonix Ltd. (a) | 109,624 | 388,400 | ||||||
| 1,886,950 | ||||||||
| Austria — 0.2% | ||||||||
| ams-OSRAM AG(a) | 87,946 | 1,075,858 | ||||||
| Belgium — 0.9% | ||||||||
| Solvay SA | 21,540 | 2,025,562 | ||||||
| Umicore SA | 58,211 | 2,237,832 | ||||||
| 4,263,394 | ||||||||
| Canada — 1.3% | ||||||||
| ElectraMeccanica Vehicles Corp. (a) | 29,799 | 52,148 | ||||||
| Linamar Corp. | 14,685 | 581,616 | ||||||
| Lion Electric Co. (The)(a)(b) | 33,171 | 202,675 | ||||||
| Magna International Inc. | 86,154 | 5,192,109 | ||||||
| Martinrea International Inc. | 37,675 | 224,938 | ||||||
| 6,253,486 | ||||||||
| China — 4.8% | ||||||||
| BOE Varitronix Ltd., Class A | 237,000 | 268,528 | ||||||
| BYD Co. Ltd., Class H | 266,000 | 7,741,058 | ||||||
| Ganfeng Lithium Co. Ltd., Class H(c) | 92,400 | 1,105,955 | ||||||
| Li Auto Inc. (a) | 381,600 | 4,459,815 | ||||||
| NIO Inc., ADR(a)(b) | 422,003 | 7,047,450 | ||||||
| XPeng Inc. (a) | 242,900 | 3,018,224 | ||||||
| 23,641,030 | ||||||||
| France — 0.4% | ||||||||
| Cie. Plastic Omnium SA. | 15,928 | 261,458 | ||||||
| Faurecia SE | 37,302 | 810,870 | ||||||
| Valeo | 59,625 | 1,084,049 | ||||||
| 2,156,377 | ||||||||
| Germany — 7.9% | ||||||||
| Bayerische Motoren Werke AG | 98,967 | 8,082,216 | ||||||
| Continental AG(a) | 32,176 | 2,205,379 | ||||||
| Hella GmbH & Co. KGaA | 14,887 | 939,852 | ||||||
| Infineon Technologies AG | 349,923 | 9,931,939 | ||||||
| Mercedes-Benz Group AG | 245,712 | 17,150,984 | ||||||
| Vitesco Technologies Group AG(a) | 10,689 | 429,564 | ||||||
| 38,739,934 | ||||||||
| India — 0.5% | ||||||||
| Amara Raja Batteries Ltd. | 24,308 | 178,870 | ||||||
| Bosch Ltd. | 2,586 | 487,366 | ||||||
| Exide Industries Ltd. | 121,222 | 240,770 | ||||||
| Mahindra CIE Automotive Ltd. | 28,952 | 83,778 | ||||||
| Motherson Sumi Systems Ltd. | 474,419 | 847,410 | ||||||
| Sona Blw Precision Forgings Ltd. (c) | 48,811 | 400,966 | ||||||
| Sundram Fasteners Ltd. | 26,595 | 278,004 | ||||||
| Suprajit Engineering Ltd. | 20,577 | 95,466 | ||||||
| 2,612,630 | ||||||||
| Japan — 11.6% | ||||||||
| Aisin Corp. | 39,600 | 1,150,402 | ||||||
| Alps Alpine Co. Ltd. | 49,900 | 441,746 | ||||||
| Denso Corp. | 119,300 | 7,270,769 | ||||||
| Exedy Corp. | 11,300 | 134,562 | ||||||
| FCC Co. Ltd. | 12,000 | 119,867 | ||||||
| GS Yuasa Corp. | 16,900 | 293,052 | ||||||
| Honda Motor Co. Ltd. | 428,500 | 11,271,071 | ||||||
| Koito Manufacturing Co. Ltd. | 30,700 | 1,126,522 | ||||||
| Security | Shares | Value | ||||||
| Japan (continued) | ||||||||
| Musashi Seimitsu Industry Co. Ltd. | 19,900 | $ | 202,235 | |||||
| Nissan Motor Co. Ltd. (a) | 672,600 | 2,692,785 | ||||||
| Nissha Co. Ltd. | 9,900 | 104,488 | ||||||
| Renesas Electronics Corp. (a) | 336,000 | 3,587,795 | ||||||
| Subaru Corp. | 167,100 | 2,535,692 | ||||||
| Tokai Rika Co. Ltd. | 17,500 | 184,383 | ||||||
| Toyoda Gosei Co. Ltd. | 18,600 | 270,853 | ||||||
| Toyota Boshoku Corp. | 24,200 | 385,686 | ||||||
| Toyota Motor Corp. | 1,441,500 | 24,698,237 | ||||||
| TS Tech Co. Ltd. | 28,400 | 296,372 | ||||||
| Yokowo Co. Ltd. | 4,600 | 90,269 | ||||||
| 56,856,786 | ||||||||
| Netherlands — 2.8% | ||||||||
| NXP Semiconductors NV | 80,519 | 13,760,697 | ||||||
| Sono Group NV(a) | 6,902 | 27,263 | ||||||
| Yandex NV, Class A(a)(d) | 94,146 | 942 | ||||||
| 13,788,902 | ||||||||
| Singapore — 1.5% | ||||||||
| STMicroelectronics NV | 202,730 | 7,490,298 | ||||||
| South Korea — 7.8% | ||||||||
| Hanon Systems | 57,598 | 515,441 | ||||||
| Hyundai Mobis Co. Ltd. | 19,815 | 3,223,645 | ||||||
| Hyundai Wia Corp. | 6,899 | 352,226 | ||||||
| Iljin Materials Co. Ltd. | 8,406 | 576,030 | ||||||
| KCC Corp. | 2,175 | 579,885 | ||||||
| LG Chem Ltd. | 11,175 | 4,576,888 | ||||||
| Samsung Electronics Co. Ltd. | 389,542 | 20,760,074 | ||||||
| Samsung SDI Co. Ltd. | 15,255 | 7,266,785 | ||||||
| Sebang Global Battery Co. Ltd. | 1,699 | 101,326 | ||||||
| SL Corp. | 6,031 | 126,773 | ||||||
| SNT Motiv Co. Ltd. | 3,445 | 129,680 | ||||||
| SOLUM Co. Ltd. (a) | 20,025 | 387,855 | ||||||
| 38,596,608 | ||||||||
| Spain — 0.1% | ||||||||
| Cie. Automotive SA | 13,039 | 284,274 | ||||||
| Sweden — 2.9% | ||||||||
| Hexagon AB, Class B | 622,845 | 8,036,520 | ||||||
| Smart Eye AB(a) | 10,803 | 98,960 | ||||||
| Volvo AB, Class B | 368,486 | 5,878,615 | ||||||
| 14,014,095 | ||||||||
| Switzerland — 3.2% | ||||||||
| ABB Ltd., Registered | 523,759 | 15,713,786 | ||||||
| Autoneum Holding AG | 2,055 | 243,083 | ||||||
| 15,956,869 | ||||||||
| Taiwan — 1.4% | ||||||||
| Delta Electronics Inc. | 556,000 | 4,641,258 | ||||||
| Himax Technologies Inc., ADR | 80,162 | 720,656 | ||||||
| Innolux Corp. | 2,795,000 | 1,272,744 | ||||||
| International CSRC Investment Holdings Co. | 337,430 | 264,683 | ||||||
| Via Technologies Inc. | 54,000 | 87,777 | ||||||
| 6,987,118 | ||||||||
| United Kingdom — 0.1% | ||||||||
| TI Fluid Systems PLC(c) | 161,088 | 327,363 | ||||||
| United States — 48.9% | ||||||||
| Adient PLC(a) | 31,962 | 1,091,183 | ||||||
| Albemarle Corp. | 36,204 | 6,981,217 | ||||||
1
| Schedule of Investments (unaudited) (continued) | iShares® Self-Driving EV and Tech ETF |
| April 30, 2022 | (Percentages shown are based on Net Assets) |
| Security | Shares | Value | ||||||
| United States (continued) | ||||||||
| Alphabet Inc., Class A(a) | 9,444 | $ | 21,553,002 | |||||
| Altra Industrial Motion Corp. | 19,257 | 751,022 | ||||||
| Ambarella Inc. (a) | 10,352 | 849,692 | ||||||
| Apple Inc. | 165,410 | 26,076,887 | ||||||
| Aptiv PLC(a) | 70,171 | 7,466,194 | ||||||
| Autoliv Inc. | 28,214 | 2,078,808 | ||||||
| BorgWarner Inc. | 75,533 | 2,781,880 | ||||||
| Canoo Inc. (a)(b) | 59,539 | 285,787 | ||||||
| Cooper-Standard Holdings Inc. (a) | 4,982 | 22,967 | ||||||
| CTS Corp. | 8,807 | 311,504 | ||||||
| Dana Inc. | 52,253 | 773,867 | ||||||
| Diodes Inc. (a) | 12,726 | 929,380 | ||||||
| Eaton Corp. PLC | 120,858 | 17,526,827 | ||||||
| Faraday Future Intelligent Electric Inc. (a)(b) | 63,205 | 163,069 | ||||||
| Fisker Inc. (a)(b) | 60,827 | 611,920 | ||||||
| Ford Motor Co. | 1,180,477 | 16,715,554 | ||||||
| Garmin Ltd. | 45,488 | 4,991,853 | ||||||
| General Motors Co. (a) | 382,993 | 14,519,265 | ||||||
| Gentex Corp. | 76,258 | 2,238,172 | ||||||
| Gentherm Inc. (a) | 12,205 | 822,861 | ||||||
| Holley Inc. (a) | 19,174 | 202,094 | ||||||
| II-VI Inc. (a)(b) | 31,263 | 1,913,608 | ||||||
| indie Semiconductor Inc., Class A(a) | 13,756 | 94,916 | ||||||
| Intel Corp. | 537,750 | 23,440,523 | ||||||
| Lear Corp. | 18,914 | 2,419,857 | ||||||
| Lordstown Motors Corp., Class A(a)(b) | 90,745 | 197,824 | ||||||
| Lucid Group Inc. (a)(b) | 154,652 | 2,796,108 | ||||||
| Luminar Technologies Inc. (a)(b) | 74,937 | 926,971 | ||||||
| Methode Electronics Inc. | 10,286 | 458,858 | ||||||
| Microvast Holdings Inc. (a) | 38,778 | 192,339 | ||||||
| NVIDIA Corp. | 85,806 | 15,914,439 | ||||||
| ON Semiconductor Corp. (a)(b) | 131,963 | 6,876,592 | ||||||
| QUALCOMM Inc. | 150,046 | 20,959,926 | ||||||
| Rivian Automotive Inc., Class A(a)(b) | 138,975 | 4,202,604 | ||||||
| Romeo Power Inc. (a) | 29,282 | 32,210 | ||||||
| Sensata Technologies Holding PLC(a) | 48,406 | 2,198,117 | ||||||
| Standard Motor Products Inc. | 5,766 | 246,093 | ||||||
| Stoneridge Inc. (a) | 16,022 | 315,794 | ||||||
| Synaptics Inc. (a) | 11,564 | 1,716,560 | ||||||
| Tenneco Inc., Class A(a) | 33,384 | 573,203 | ||||||
| Tesla Inc. (a) | 26,209 | 22,821,749 | ||||||
| Universal Display Corp. | 12,895 | 1,647,078 | ||||||
| Visteon Corp. (a) | 9,870 | 1,033,488 | ||||||
| 240,723,862 | ||||||||
| Total Common Stocks — 96.7% | ||||||||
| (Cost: $545,070,017) | 475,655,834 | |||||||
| Security | Shares | Value | ||||||
| Preferred Stocks | ||||||||
| Chile — 0.5% | ||||||||
| Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares | 35,110 | $ | 2,606,200 | |||||
| Germany — 2.3% | ||||||||
| Porsche Automobil Holding SE, Preference Shares, NVS | 48,870 | 4,030,792 | ||||||
| Volkswagen AG, Preference Shares, NVS | 47,863 | 7,412,371 | ||||||
| 11,443,163 | ||||||||
| Total Preferred Stocks — 2.8% | ||||||||
| (Cost: $15,239,707) | 14,049,363 | |||||||
| Short-Term Investments | ||||||||
| Money Market Funds — 2.9% | ||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares, 0.38%(e)(f)(g) | 14,118,547 | 14,118,547 | ||||||
| Total Short-Term Investments — 2.9% | ||||||||
| (Cost: $14,116,987) | 14,118,547 | |||||||
| Total Investments in Securities — 102.4% | ||||||||
| (Cost: $574,426,711) | 503,823,744 | |||||||
| Other Assets, Less Liabilities — (2.4)% | (11,866,969 | ) | ||||||
| Net Assets — 100.0% | $ | 491,956,775 | ||||||
| (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) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (e) | Affiliate of the Fund. |
| (f) | Annualized 7-day yield as of period end. |
| (g) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
2
| Schedule of Investments (unaudited) (continued) | iShares® Self-Driving EV and Tech ETF |
April 30, 2022
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 07/31/21 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/22 | Shares Held at 04/30/22 | Income | Capital Gain Distributions from Underlying Funds | ||||||||||||||||||||||||||
| BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 216,037 | $ | 13,905,002 | (a) | $ | — | $ | (4,052 | ) | $ | 1,560 | $ | 14,118,547 | 14,118,547 | $ | 208,931 | (b) | $ | — | |||||||||||||||
| BlackRock Cash Funds: Treasury, SL Agency Shares(c) | 220,000 | — | (220,000 | )(a) | — | — | — | — | 313 | — | |||||||||||||||||||||||||
| $ | (4,052 | ) | $ | 1,560 | $ | 14,118,547 | $ | 209,244 | $ | — | |||||||||||||||||||||||||
| (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. |
| (c) | As of period end, the entity is no longer held. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
| Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||
| Long Contracts | ||||||||||||||
| Euro Stoxx 50 Index | 31 | 06/17/22 | $ | 1,206 | $ | (44,378 | ) | |||||||
| S&P 500 E-Mini Index | 4 | 06/17/22 | 826 | (52,771 | ) | |||||||||
| $ | (97,149 | ) | ||||||||||||
Fair Value Measurements
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 BlackRock Global Valuation Methodologies Committee’s (the “Global 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 Global 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.
3
| Schedule of Investments (unaudited) (continued) | iShares® Self-Driving EV and Tech ETF |
April 30, 2022
Fair Value Measurements (continued)
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Investments | ||||||||||||||||
| Assets | ||||||||||||||||
| Common Stocks | $ | 268,533,412 | $ | 207,121,480 | $ | 942 | $ | 475,655,834 | ||||||||
| Preferred Stocks | 2,606,200 | 11,443,163 | — | 14,049,363 | ||||||||||||
| Money Market Funds | 14,118,547 | — | — | 14,118,547 | ||||||||||||
| $ | 285,258,159 | $ | 218,564,643 | $ | 942 | $ | 503,823,744 | |||||||||
| Derivative financial instruments(a) | ||||||||||||||||
| Liabilities | ||||||||||||||||
| Futures Contracts | $ | (52,771 | ) | $ | (44,378 | ) | $ | — | $ | (97,149 | ) | |||||
| (a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviations - Equity
| ADR | American Depositary Receipt |
| NVS | Non-Voting Shares |
4