0001752724-19-064825.txt : 20190625 0001752724-19-064825.hdr.sgml : 20190625 20190625162342 ACCESSION NUMBER: 0001752724-19-064825 CONFORMED SUBMISSION TYPE: NPORT-EX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190430 FILED AS OF DATE: 20190625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares U.S. ETF Trust CENTRAL INDEX KEY: 0001524513 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-EX SEC ACT: 1940 Act SEC FILE NUMBER: 811-22649 FILM NUMBER: 19918753 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 0001524513 S000061256 iShares Evolved U.S. Financials ETF C000198376 iShares Evolved U.S. Financials ETF IEFN ACCESSION NUMBER: 0001752724-19-063053 NPORT-EX 1 NPORT_3150192668888608.htm EX-03

Schedule of Investments  (unaudited)

April 30, 2019

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Banks — 44.3%            

Ameris Bancorp.

     64     $ 2,333  

Associated Banc-Corp.

     347       7,873  

BancFirst Corp.

     46       2,594  

Bank of America Corp.

     7,496       229,228  

Bank of Hawaii Corp.

     94       7,744  

Bank of New York Mellon Corp. (The)

     1,290       64,061  

Bank OZK

     234       7,640  

BankUnited Inc.

     216       7,901  

Banner Corp.

     52       2,757  

BB&T Corp.

     1,372       70,246  

BOK Financial Corp.

     53       4,618  

Bryn Mawr Bank Corp.

     63       2,400  

Cadence BanCorp.

     122       2,776  

Cathay General Bancorp.

     180       6,622  

CenterState Bank Corp.

     173       4,270  

Chemical Financial Corp.

     147       6,458  

Citigroup Inc.

     2,794       197,536  

Citizens Financial Group Inc.

     874       31,639  

City Holding Co.

     40       3,175  

Columbia Banking System Inc.

     153       5,744  

Comerica Inc.

     314       24,677  

Commerce Bancshares Inc.

     200       12,086  

Community Bank System Inc.

     114       7,577  

ConnectOne Bancorp. Inc.

     76       1,659  

Cullen/Frost Bankers Inc.

     118       11,999  

CVB Financial Corp.

     244       5,295  

Eagle Bancorp. Inc.(a)

     67       3,702  

East West Bancorp. Inc.

     288       14,826  

Enterprise Financial Services Corp.

     58       2,467  

Fifth Third Bancorp.

     1,550       44,671  

First BanCorp./Puerto Rico

     384       4,339  

First Bancorp./Southern Pines NC

     71       2,692  

First Busey Corp.

     112       2,894  

First Citizens BancShares Inc./NC, Class A

     15       6,724  

First Commonwealth Financial Corp.

     268       3,648  

First Financial Bancorp.

     210       5,271  

First Financial Bankshares Inc.

     142       8,736  

First Hawaiian Inc.

     121       3,346  

First Horizon National Corp.

     652       9,839  

First Interstate BancSystem Inc., Class A

     83       3,508  

First Midwest Bancorp. Inc.

     230       4,938  

FNB Corp.

     695       8,430  

Fulton Financial Corp.

     382       6,590  

Glacier Bancorp. Inc.

     173       7,368  

Goldman Sachs Group Inc. (The)

     522       107,490  

Great Western Bancorp. Inc.

     127       4,467  

Hancock Whitney Corp.

     169       7,392  

Hanmi Financial Corp.

     78       1,850  

Heartland Financial USA Inc.

     71       3,188  

Heritage Financial Corp./WA

     75       2,270  

Hilltop Holdings Inc.

     160       3,365  

Home BancShares Inc./AR

     318       6,102  

Hope Bancorp Inc.

     282       3,965  

Huntington Bancshares Inc./OH

     1,901       26,462  

IBERIABANK Corp.

     112       8,904  

Independent Bank Corp./Rockland MA

     58       4,653  

Independent Bank Group Inc.

     43       2,451  

International Bancshares Corp.

     134       5,557  
Security   Shares     Value  
Banks (continued)            

JPMorgan Chase & Co.

     1,950     $ 226,298  

KeyCorp

     1,940       34,047  

Lakeland Bancorp. Inc.

     132       2,186  

Lakeland Financial Corp.

     67       3,199  

LegacyTexas Financial Group Inc.

     91       3,647  

M&T Bank Corp.

     119       20,238  

Morgan Stanley

     2,004       96,693  

National Bank Holdings Corp., Class A

     71       2,715  

NBT Bancorp. Inc.

     113       4,296  

Northern Trust Corp.

     386       38,040  

Old National Bancorp./IN

     329       5,619  

PacWest Bancorp.

     229       9,057  

Park National Corp.

     33       3,224  

Pinnacle Financial Partners Inc.

     147       8,536  

Popular Inc.

     194       11,196  

Prosperity Bancshares Inc.

     143       10,531  

Regions Financial Corp.

     2,052       31,868  

Renasant Corp.

     114       4,134  

S&T Bancorp. Inc.

     84       3,367  

Sandy Spring Bancorp. Inc.

     78       2,721  

Seacoast Banking Corp. of Florida(a)

     99       2,808  

ServisFirst Bancshares Inc.

     94       3,190  

Simmons First National Corp., Class A

     177       4,494  

South State Corp.

     82       6,204  

Southside Bancshares Inc.

     85       2,986  

State Street Corp.

     623       42,152  

SunTrust Banks Inc.

     845       55,331  

SVB Financial Group(a)

     95       23,913  

Synovus Financial Corp.

     324       11,943  

TCF Financial Corp.

     260       5,754  

Texas Capital Bancshares Inc.(a)

     54       3,495  

Tompkins Financial Corp.

     38       3,066  

U.S. Bancorp.

     2,619       139,645  

UMB Financial Corp.

     94       6,567  

Umpqua Holdings Corp.

     398       6,909  

Union Bankshares Corp.

     140       5,110  

United Community Banks Inc./GA

     128       3,594  

Valley National Bancorp.

     594       6,225  

Webster Financial Corp.

     186       9,882  

Wells Fargo & Co.

     3,849       186,330  

WesBanco Inc.

     103       4,153  

Westamerica Bancorp.

     61       3,917  

Western Alliance Bancorp.(a)

     152       7,263  

Wintrust Financial Corp.

     116       8,839  

Zions Bancorp. N.A

     385       18,992  
   

 

 

  
      2,157,387  
Chemicals — 1.3%            

Linde PLC

     353       63,632  
   

 

 

  
Commercial Services — 4.8%            

Automatic Data Processing Inc.

     246       40,440  

CoreLogic Inc.(a)

     64       2,599  

Equifax Inc.

     78       9,824  

Euronet Worldwide Inc.(a)

     25       3,747  

FleetCor Technologies Inc.(a)

     42       10,960  

Global Payments Inc.

     100       14,607  

Green Dot Corp., Class A(a)

     57       3,635  

HealthEquity Inc.(a)

     37       2,507  

Insperity Inc.

     29       3,467  

MarketAxess Holdings Inc.

     33       9,185  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

April 30, 2019

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Commercial Services (continued)            

Moody’s Corp.

     154     $ 30,280  

S&P Global Inc.

     155       34,202  

Service Corp. International/U.S.

     111       4,619  

Total System Services Inc.

     164       16,767  

Verisk Analytics Inc.

     127       17,925  

WEX Inc.(a)

     37       7,781  

Worldpay Inc., Class A(a)

     197       23,090  
   

 

 

  
      235,635  
Diversified Financial Services — 16.5%            

Affiliated Managers Group Inc.

     61       6,766  

Alliance Data Systems Corp.

     33       5,283  

Ally Financial Inc.

     740       21,985  

American Express Co.

     888       104,100  

Ameriprise Financial Inc.

     210       30,822  

Artisan Partners Asset Management Inc., Class A

     70       1,984  

BGC Partners Inc., Class A

     217       1,172  

Boston Private Financial Holdings Inc.

     128       1,466  

Capital One Financial Corp.

     723       67,116  

Cboe Global Markets Inc.

     101       10,263  

Charles Schwab Corp. (The)

     1,733       79,337  

CME Group Inc.

     236       42,220  

Credit Acceptance Corp.(a)

     20       9,924  

Discover Financial Services

     451       36,752  

E*TRADE Financial Corp.

     435       22,037  

Eaton Vance Corp., NVS

     167       6,942  

Evercore Inc., Class A

     38       3,702  

Franklin Resources Inc.

     415       14,355  

Interactive Brokers Group Inc., Class A

     71       3,851  

Intercontinental Exchange Inc.

     470       38,235  

Invesco Ltd.

     174       3,823  

Jefferies Financial Group Inc.

     355       7,302  

Legg Mason Inc.

     140       4,683  

LendingTree Inc.(a)

     5       1,924  

LPL Financial Holdings Inc.

     116       8,594  

Mastercard Inc., Class A

     387       98,391  

Meta Financial Group Inc.

     57       1,468  

Moelis & Co., Class A

     41       1,679  

Nasdaq Inc.

     105       9,681  

Navient Corp.

     271       3,661  

OneMain Holdings Inc.

     116       3,941  

Raymond James Financial Inc.

     231       21,153  

Santander Consumer USA Holdings Inc.

     147       3,139  

SEI Investments Co.

     153       8,331  

SLM Corp.

     711       7,224  

Stifel Financial Corp.

     123       7,339  

Synchrony Financial

     829       28,741  

T Rowe Price Group Inc.

     307       33,003  

TD Ameritrade Holding Corp.

     303       15,932  

Visa Inc., Class A

     95       15,621  

Waddell & Reed Financial Inc., Class A

     137       2,566  

Western Union Co. (The)

     326       6,337  
   

 

 

  
      802,845  
Electric — 0.1%            

Hawaiian Electric Industries Inc.

     139       5,766  
   

 

 

  
Forest Products & Paper — 0.1%            

International Paper Co.

     102       4,775  
   

 

 

  
Health Care – Services — 2.2%            

Anthem Inc.

     133       34,983  
Security   Shares     Value  
Health Care – Services (continued)            

Cigna Corp.(a)

     198     $ 31,450  

Molina Healthcare Inc.(a)

     33       4,278  

UnitedHealth Group Inc.

     156       36,359  

WellCare Health Plans Inc.(a)

     8       2,067  
   

 

 

  
      109,137  
Insurance — 23.3%            

Aflac Inc.

     1,206       60,758  

Alleghany Corp.(a)

     8       5,255  

Allstate Corp. (The)

     567       56,167  

American Financial Group Inc./OH

     139       14,391  

American International Group Inc.

     1,525       72,544  

American National Insurance Co.

     22       2,492  

Aon PLC

     111       19,996  

Arch Capital Group Ltd.(a)

     281       9,492  

Arthur J Gallagher & Co.

     250       20,905  

Assurant Inc.

     74       7,030  

Athene Holding Ltd., Class A(a)

     147       6,638  

Axis Capital Holdings Ltd.

     33       1,876  

Berkshire Hathaway Inc., Class B(a)

     594       128,726  

Brighthouse Financial Inc.(a)

     154       6,436  

Brown & Brown Inc.

     331       10,509  

Cincinnati Financial Corp.

     297       28,565  

CNA Financial Corp.

     66       3,058  

Employers Holdings Inc.

     56       2,404  

Erie Indemnity Co., Class A, NVS

     33       6,248  

Essent Group Ltd.(a)

     73       3,464  

Everest Re Group Ltd.

     53       12,481  

Fidelity National Financial Inc.

     344       13,743  

Genworth Financial Inc., Class A(a)

     837       3,172  

Hanover Insurance Group Inc. (The)

     81       9,769  

Hartford Financial Services Group Inc. (The)

     674       35,257  

Horace Mann Educators Corp.

     85       3,279  

Kemper Corp.

     83       7,460  

Lincoln National Corp.

     393       26,221  

Loews Corp.

     240       12,310  

Markel Corp.(a)

     19       20,359  

Marsh & McLennan Companies Inc.

     629       59,308  

Mercury General Corp.

     60       3,227  

MetLife Inc.

     1,389       64,075  

MGIC Investment Corp.(a)

     653       9,560  

National General Holdings Corp.

     118       2,909  

NMI Holdings Inc., Class A(a)

     119       3,341  

Old Republic International Corp.

     108       2,415  

Principal Financial Group Inc.

     503       28,751  

ProAssurance Corp.

     105       3,941  

Progressive Corp. (The)

     981       76,665  

Prudential Financial Inc.

     760       80,340  

Radian Group Inc.

     374       8,759  

RenaissanceRe Holdings Ltd.

     44       6,836  

RLI Corp.

     90       7,320  

Safety Insurance Group Inc.

     33       3,066  

Selective Insurance Group Inc.

     112       7,987  

Torchmark Corp.

     220       19,285  

Travelers Companies Inc. (The)

     470       67,562  

Universal Insurance Holdings Inc.

     64       1,907  

Unum Group

     424       15,654  

Voya Financial Inc.

     307       16,851  

Willis Towers Watson PLC

     75       13,825  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

April 30, 2019

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Insurance (continued)            

WR Berkley Corp.

     283     $ 17,348  
   

 

 

  
      1,131,937  
Leisure Time — 0.1%            

Harley-Davidson Inc.

     81       3,016  
   

 

 

  
Machinery — 0.8%            

Caterpillar Inc.

     265       36,946  

Wabtec Corp.

     33       2,445  
   

 

 

  
      39,391  
Manufacturing — 1.3%            

General Electric Co.

     6,180       62,850  
   

 

 

  
Media — 0.1%            

FactSet Research Systems Inc.

     16       4,414  
   

 

 

  
Real Estate — 0.0%            

Realogy Holdings Corp.

     87       1,133  
   

 

 

  
Real Estate Investment Trusts — 0.8%            

AGNC Investment Corp.

     213       3,789  

Annaly Capital Management Inc.

     930       9,384  

Colony Capital Inc.

     415       2,133  

MFA Financial Inc.

     382       2,869  

New Residential Investment Corp.

     268       4,505  

Two Harbors Investment Corp.

     150       2,079  

Weyerhaeuser Co.

     492       13,185  
   

 

 

  
      37,944  
Retail — 0.1%            

FirstCash Inc.

     30       2,930  
   

 

 

  
Savings & Loans — 1.6%            

Axos Financial Inc.(a)

     95       3,108  

Berkshire Hills Bancorp. Inc.

     75       2,249  

Brookline Bancorp. Inc.

     175       2,634  

Capitol Federal Financial Inc.

     292       4,030  

Investors Bancorp. Inc.

     501       5,887  

Meridian Bancorp. Inc.

     113       1,946  

New York Community Bancorp. Inc.

     937       10,897  

Northwest Bancshares Inc.

     224       3,904  
Security   Shares     Value  
Savings & Loans (continued)            

OceanFirst Financial Corp.

     97     $ 2,443  

Pacific Premier Bancorp. Inc.

     95       2,762  

People’s United Financial Inc.

     759       13,123  

Provident Financial Services Inc.

     140       3,713  

Sterling Bancorp./DE

     450       9,639  

Washington Federal Inc.

     174       5,766  

WSFS Financial Corp.

     118       5,095  
   

 

 

  
      77,196  
Software — 1.8%            

Black Knight Inc.(a)

     48       2,708  

Broadridge Financial Solutions Inc.

     90       10,632  

Fidelity National Information Services Inc.

     285       33,040  

First Data Corp., Class A(a)

     285       7,370  

Fiserv Inc.(a)

     191       16,663  

MSCI Inc.

     47       10,593  

SS&C Technologies Holdings Inc.

     91       6,157  
   

 

 

  
      87,163  
   

 

 

  

Total Common Stocks — 99.2%
(Cost: $4,878,695)

       4,827,151  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.7%            

BlackRock Cash Funds: Treasury, SL Agency Shares, 2.37%(b)(c)

    34,676       34,676  
   

 

 

  

Total Short-Term Investments — 0.7%
(Cost: $34,676)

       34,676  
   

 

 

  

Total Investments in Securities — 99.9%
(Cost: $4,913,371)

       4,861,827  

Other Assets, Less Liabilities — 0.1%

       2,491  
   

 

 

  

Net Assets — 100.0%

     $ 4,864,318  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

Affiliate of the Fund.

(c) 

Annualized 7-day yield as of period-end.

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended April 30, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  

Shares

Held at

07/31/18

     Net Activity    

Shares

Held at

04/30/19

    

Value at

04/30/19

     Income    

Net Realized

Gain (Loss)

    

Change in

Unrealized

Appreciation

(Depreciation)

  

BlackRock Cash Funds: Institutional, SL Agency Shares

     —       —       —     $ —     $ 3 (a)    $ —     $ —  

BlackRock Cash Funds: Treasury, SL Agency Shares

     39,373       (4,697 )      34,676       34,676       658       —       —  
       

 

 

    

 

 

    

 

 

    

 

 

  
        $ 34,676     $ 661     $ —     $ —  
       

 

 

    

 

 

    

 

 

    

 

 

  

 

  (a) 

Includes securities lending income earned from the reinvestment of cash collateral from loaned securities (excluding collateral investment fees), net of fees and other payments to and from borrowers of securities, and less fees paid to BTC as securities lending agent.

 

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 www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

 

 

     3  

Schedule of Investments  (unaudited) (continued)

April 30, 2019

   

iShares® Evolved U.S. Financials ETF

 

Fair Value Measurements (continued)

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of April 30, 2019. 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

    $ 4,827,151        $ —        $ —        $ 4,827,151  

Money Market Funds

      34,676          —          —          34,676  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 4,861,827        $ —        $ —        $ 4,861,827  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations — Equity
NVS   Non-Voting Shares

 

 

4