NPORT-EX 2 iShsEvolvedUSDiscSpendETF.htm iShares Evolved US Discretionary Spending ETF

Schedule of Investments  (unaudited) 

October 31, 2019

   

iShares® Evolved U.S. Discretionary Spending ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Advertising — 0.1%            

Interpublic Group of Companies Inc. (The)

     323     $ 7,025  
   

 

 

  
Airlines — 0.2%            

Alaska Air Group Inc.

     156       10,831  

JetBlue Airways Corp.(a)

    414       7,990  
   

 

 

  
      18,821  
Apparel — 7.1%            

Capri Holdings Ltd.(a)

    499       15,504  

Carter’s Inc.

     210       21,050  

Columbia Sportswear Co.

     108       9,769  

Crocs Inc.(a)

    204       7,138  

Deckers Outdoor Corp.(a)

    112       17,125  

Hanesbrands Inc.

     1,104       16,792  

NIKE Inc., Class B

     3,832       343,155  

Oxford Industries Inc.

     72       4,958  

PVH Corp.

     306       26,671  

Ralph Lauren Corp.

     210       20,173  

Skechers U.S.A. Inc., Class A(a)

    504       18,834  

Steven Madden Ltd.

     334       13,754  

Tapestry Inc.

     1,110       28,705  

Under Armour Inc., Class A(a)

    606       12,514  

Under Armour Inc., Class C, NVS(a)

    618       11,433  

VF Corp.

     790       65,009  

Wolverine World Wide Inc.

     186       5,520  
   

 

 

  
           638,104  
Beverages — 0.1%            

Constellation Brands Inc., Class A

     66       12,562  
   

 

 

  
Building Materials — 0.1%            

American Woodmark Corp.(a)

    24       2,380  

Masco Corp.

     245       11,331  
   

 

 

  
      13,711  
Chemicals — 0.1%            

Valvoline Inc.

     252       5,378  
   

 

 

  
Commercial Services — 1.6%  

Aaron’s Inc.

     216       16,185  

Avis Budget Group Inc.(a)

    102       3,030  

Bright Horizons Family Solutions Inc.(a)

    30       4,456  

Brink’s Co. (The)

     54       4,588  

Cintas Corp.

     108       29,016  

Euronet Worldwide Inc.(a)

    60       8,404  

Grand Canyon Education Inc.(a)

    54       4,966  

H&R Block Inc.

     336       8,397  

ManpowerGroup Inc.

     90       8,183  

Medifast Inc.

     18       1,997  

Monro Inc.(b)

    102       7,151  

PayPal Holdings Inc.(a)

    187       19,467  

Rent-A-Center Inc./TX

     173       4,475  

Rollins Inc.

     180       6,860  

ServiceMaster Global Holdings Inc.(a)

    204       8,238  

Square Inc., Class A(a)

    101       6,204  

WW International Inc.(a)(b)

    54       1,883  
   

 

 

  
      143,500  
Computers — 4.3%            

Apple Inc.

     1,576       392,046  
   

 

 

  
Cosmetics & Personal Care — 5.4%            

Estee Lauder Companies Inc. (The), Class A

     574       106,919  
Security   Shares     Value  
Cosmetics & Personal Care (continued)  

Procter & Gamble Co. (The)

     3,046     $ 379,258  
   

 

 

  
           486,177  
Distribution & Wholesale — 1.1%            

Core-Mark Holding Co. Inc.

     88       2,686  

Fastenal Co.

     784       28,177  

G-III Apparel Group Ltd.(a)

    174       4,369  

HD Supply Holdings Inc.(a)

    186       7,354  

KAR Auction Services Inc.

     144       3,580  

LKQ Corp.(a)

    306       10,401  

Pool Corp.

     66       13,688  

SiteOne Landscape Supply Inc.(a)

    54       4,755  

WW Grainger Inc.

     72       22,237  
   

 

 

  
      97,247  
Diversified Financial Services — 0.5%  

Alliance Data Systems Corp.(b)

    54       5,400  

LendingTree Inc.(a)

    6       2,159  

Visa Inc., Class A

     202       36,130  
   

 

 

  
      43,689  
Entertainment — 0.9%            

Churchill Downs Inc.

     59       7,669  

Cinemark Holdings Inc.

     192       7,027  

Eldorado Resorts Inc.(a)(b)

    108       4,835  

Live Nation Entertainment Inc.(a)

    270       19,035  

Madison Square Garden Co. (The), Class A(a)

    30       8,008  

Penn National Gaming Inc.(a)

    37       789  

Red Rock Resorts Inc., Class A

     174       3,790  

Scientific Games Corp./DE, Class A(a)

    66       1,583  

SeaWorld Entertainment Inc.(a)

    131       3,461  

Six Flags Entertainment Corp.

     102       4,303  

Vail Resorts Inc.

     78       18,125  
   

 

 

  
      78,625  
Food — 1.4%            

Flowers Foods Inc.

     270       5,864  

Kroger Co. (The)

     2,809       69,214  

Performance Food Group Co.(a)

    192       8,181  

Sprouts Farmers Market Inc.(a)

    378       7,337  

Sysco Corp.

     316       25,239  

U.S. Foods Holding Corp.(a)

    324       12,853  

United Natural Foods Inc.(a)

    102       765  
   

 

 

  
      129,453  
Food Service — 0.2%            

Aramark

     480       21,005  
   

 

 

  
Home Builders — 0.1%            

Taylor Morrison Home Corp., Class A(a)

    120       3,006  

Toll Brothers Inc.

     156       6,204  
   

 

 

  
      9,210  
Home Furnishings — 0.1%            

Tempur Sealy International Inc.(a)

    102       9,277  
   

 

 

  
Household Products & Wares — 0.2%  

Helen of Troy Ltd.(a)

    31       4,642  

Kimberly-Clark Corp.

     85       11,295  

Spectrum Brands Holdings Inc.

     24       1,205  
   

 

 

  
      17,142  
Housewares — 0.2%            

Newell Brands Inc.

     568       10,775  

Scotts Miracle-Gro Co. (The)

     48       4,819  
 

 

 

1

Schedule of Investments  (unaudited) (continued)

October 31, 2019

   

iShares® Evolved U.S. Discretionary Spending ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Housewares (continued)            

Tupperware Brands Corp.

     66     $ 635  
   

 

 

  
      16,229  
Internet — 14.9%            

Amazon.com Inc.(a)

    601         1,067,773  

Booking Holdings Inc.(a)

    67       137,268  

Cars.com Inc.(a)

    90       1,018  

eBay Inc.

     739       26,050  

Etsy Inc.(a)

    174       7,741  

Expedia Group Inc.

     113       15,442  

Groupon Inc.(a)

    726       2,018  

GrubHub Inc.(a)

    132       4,496  

MercadoLibre Inc.(a)

    84       43,808  

Pinterest Inc., Class A(a)

    301       7,567  

Stamps.com Inc.(a)

    18       1,520  

Stitch Fix Inc., Class A(a)(b)

    82       1,874  

TripAdvisor Inc.(a)

    150       6,060  

Uber Technologies Inc.(a)(b)

    246       7,749  

Wayfair Inc., Class A(a)(b)

    187       15,377  
   

 

 

  
      1,345,761  
Leisure Time — 1.1%            

Carnival Corp.

     784       33,626  

Norwegian Cruise Line Holdings Ltd.(a)

    313       15,888  

Planet Fitness Inc., Class A(a)

    312       19,862  

Polaris Inc.

     42       4,143  

Royal Caribbean Cruises Ltd.

     235       25,575  
   

 

 

  
      99,094  
Lodging — 3.1%            

Caesars Entertainment Corp.(a)

    234       2,874  

Choice Hotels International Inc.

     96       8,494  

Extended Stay America Inc.

     258       3,666  

Hilton Grand Vacations Inc.(a)

    126       4,376  

Hilton Worldwide Holdings Inc.

     720       69,811  

Hyatt Hotels Corp., Class A

     96       7,175  

Las Vegas Sands Corp.

     744       46,009  

Marriott International Inc./MD, Class A

     527       66,692  

MGM Resorts International

     858       24,453  

Wyndham Destinations Inc.

     246       11,417  

Wyndham Hotels & Resorts Inc.

     287       15,489  

Wynn Resorts Ltd.

     150       18,201  
   

 

 

  
      278,657  
Office Furnishings — 0.0%  

Herman Miller Inc.

     72       3,348  
   

 

 

  
Oil & Gas — 0.1%            

Murphy USA Inc.(a)

    72       8,491  
   

 

 

  
Pharmaceuticals — 0.1%            

Herbalife Nutrition Ltd.(a)

    142       6,343  
   

 

 

  
Real Estate — 0.0%            

RE/MAX Holdings Inc., Class A

     42       1,405  

Realogy Holdings Corp.

     150       1,182  
   

 

 

  
      2,587  
Real Estate Investment Trusts — 0.4%            

Apple Hospitality REIT Inc.

     252       4,153  

CorePoint Lodging Inc.

     118       1,162  

Host Hotels & Resorts Inc.

     798       13,079  

Macerich Co. (The)

     156       4,290  

Park Hotels & Resorts Inc.

     180       4,185  

Ruth’s Hospitality Group Inc.

     108       2,223  
Security   Shares     Value  
Real Estate Investment Trusts (continued)  

Ryman Hospitality Properties Inc.

     48     $ 4,040  

Tailored Brands Inc.

     210       975  

Taubman Centers Inc.

     108       3,864  
   

 

 

  
      37,971  
Retail — 54.8%            

Abercrombie & Fitch Co., Class A

     311       5,035  

Advance Auto Parts Inc.(b)

    238       38,670  

American Eagle Outfitters Inc.

     702       10,797  

Ascena Retail Group Inc.(a)

    772       272  

At Home Group Inc.(a)

    175       1,491  

AutoNation Inc.(a)

    126       6,407  

AutoZone Inc.(a)

    78       89,262  

Beacon Roofing Supply Inc.(a)

    72       2,235  

Best Buy Co. Inc.

     673       48,342  

Big Lots Inc.

     186       4,031  

BJ’s Restaurants Inc.

     54       2,138  

BJ’s Wholesale Club Holdings Inc.(a)

    421       11,241  

Bloomin’ Brands Inc.

     288       5,705  

Brinker International Inc.

     143       6,356  

Buckle Inc. (The)

     114       2,385  

Burlington Stores Inc.(a)

    256       49,196  

Caleres Inc.

     150       3,228  

CarMax Inc.(a)(b)

    408       38,013  

Carvana Co.(a)(b)

    70       5,676  

Casey’s General Stores Inc.

     126       21,522  

Cheesecake Factory Inc. (The)

     126       5,266  

Chico’s FAS Inc.

     576       1,981  

Children’s Place Inc. (The)

     70       5,734  

Chipotle Mexican Grill Inc.(a)

    61       47,468  

Costco Wholesale Corp.

     1,447            429,918  

Cracker Barrel Old Country Store Inc.

     84       13,062  

Darden Restaurants Inc.

     402       45,133  

Dave & Buster’s Entertainment Inc.

     127       5,052  

Denny’s Corp.(a)

    216       4,346  

Designer Brands Inc., Class A

     288       4,752  

Dick’s Sporting Goods Inc.

     312       12,146  

Dine Brands Global Inc.

     60       4,389  

Dollar General Corp.

     919       147,353  

Dollar Tree Inc.(a)

    959       105,874  

Domino’s Pizza Inc.

     142       38,570  

Dunkin’ Brands Group Inc.

     150       11,793  

Express Inc.(a)

    360       1,159  

FirstCash Inc.

     114       9,620  

Five Below Inc.(a)

    234       29,276  

Floor & Decor Holdings Inc., Class A(a)(b)

    210       9,624  

Foot Locker Inc.

     384       16,708  

Gap Inc. (The)

     1,254       20,390  

Genesco Inc.(a)

    84       3,263  

Genuine Parts Co.

     186       19,080  

Home Depot Inc. (The)

     3,312       776,929  

Kohl’s Corp.

     685       35,113  

L Brands Inc.

     1,054       17,960  

La-Z-Boy Inc.

     108       3,835  

Lithia Motors Inc., Class A

     42       6,614  

Lowe’s Companies Inc.

     2,099       234,269  

Lululemon Athletica Inc.(a)

    449       91,717  

Macy’s Inc.

     1,211       18,359  

McDonald’s Corp.

     1,782       350,519  

MSC Industrial Direct Co. Inc., Class A

     60       4,393  

National Vision Holdings Inc.(a)

    150       3,570  
 

 

 

2

Schedule of Investments  (unaudited) (continued)

October 31, 2019

   

iShares® Evolved U.S. Discretionary Spending ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Retail (continued)            

Nordstrom Inc.

     469     $ 16,837  

Ollie’s Bargain Outlet Holdings Inc.(a)

    342       21,847  

O’Reilly Automotive Inc.(a)

    275       119,765  

Papa John’s International Inc.

     70       4,099  

PriceSmart Inc.

     84       6,224  

Qurate Retail Inc. Series A(a)

    317       3,024  

RH(a)

    82       14,899  

Rite Aid Corp.(a)(b)

    136       1,251  

Ross Stores Inc.

     1,510       165,602  

Sally Beauty Holdings Inc.(a)

    486       7,533  

Shake Shack Inc., Class A(a)

    72       5,924  

Signet Jewelers Ltd.

     215       3,449  

Starbucks Corp.

     2,327       196,771  

Target Corp.

     1,942       207,619  

Texas Roadhouse Inc.

     216       12,204  

Tiffany & Co.

     384       47,812  

TJX Companies Inc. (The)

     4,615       266,055  

Tractor Supply Co.

     473       44,944  

Ulta Salon Cosmetics & Fragrance Inc.(a)

    240       55,956  

Urban Outfitters Inc.(a)

    300       8,610  

Walgreens Boots Alliance Inc.

     1,549       84,854  

Walmart Inc.

     5,058       593,101  

Wendy’s Co. (The)

     510       10,802  

Williams-Sonoma Inc.

     342       22,842  

Wingstop Inc.

     72       6,007  

Yum China Holdings Inc.

     996       42,330  

Yum! Brands Inc.

     941       95,709  
   

 

 

  
        4,953,307  
Software — 0.1%            

Take-Two Interactive Software Inc.(a)

    54       6,499  
   

 

 

  
Textiles — 0.1%            

UniFirst Corp./MA

     24       4,820  
   

 

 

  
Security   Shares     Value  
Toys, Games & Hobbies — 0.2%  

Hasbro Inc.

     144     $ 14,013  

Mattel Inc.(a)

    454       5,421  
   

 

 

  
      19,434  
Transportation — 0.4%            

FedEx Corp.

     252       38,470  
   

 

 

  

Total Common Stocks — 99.0%
(Cost: $7,910,469)

 

     8,943,983  
 

 

 

  

Short-Term Investments

 

  
Money Market Funds — 2.0%        

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    2.00%(c)(d)(e)

    98,858       98,907  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    1.74%(c)(d)

    82,000       82,000  
   

 

 

  
      180,907  
   

 

 

  

Total Short-Term Investments — 2.0%
(Cost: $180,904)

 

     180,907  
   

 

 

  

Total Investments in Securities — 101.0%
(Cost: $8,091,373)

 

     9,124,890  

Other Assets, Less Liabilities — (1.0)%

 

     (93,526 ) 
   

 

 

  

Net Assets — 100.0%

     $   9,031,364  
   

 

 

  

 

(a)

Non-income producing security.

(b)

All or a portion of this security is on loan.

(c)

Affiliate of the Fund.

(d)

Annualized 7-day yield as of period-end.

(e) 

All or a portion of this security was purchased with cash collateral received from loaned securities.

 

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the three months ended October 31, 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

07/31/19

      Net Activity     

Shares

Held at

10/31/19

     

Value at

10/31/19

      Income     

Net Realized

Gain (Loss)

      Change in
Unrealized
Appreciation
(Depreciation)		  

 

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

      27,814        71,044        98,858      $ 98,907      $ 174 (a)     $ (9 )     $ —  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      29,000        53,000        82,000        82,000        250        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 180,907      $ 424      $ (9 )     $ —  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

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

 

 

3

Schedule of Investments  (unaudited) (continued)

October 31, 2019

   

iShares® Evolved U.S. Discretionary Spending ETF

 

Fair Value Measurements (continued)

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of October 31, 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

    $ 8,943,983        $ —        $ —        $ 8,943,983  

Money Market Funds

      180,907          —          —          180,907  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 9,124,890        $ —        $ —        $ 9,124,890  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

 

4