NPORT-EX 2 NPORT_2783704918452372.htm iShares Evolved US Financials ETF

Schedule of Investments (unaudited)

October 31, 2020

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
                                                     

Common Stocks

    
Banks — 40.1%            

Ameris Bancorp.

     64     $ 1,875  

Associated Banc-Corp.

     347       4,750  

Atlantic Union Bankshares Corp.

     140       3,541  

BancFirst Corp.

     46       2,045  

Bank of America Corp.

     7,440       176,328  

Bank of Hawaii Corp.

     94       5,700  

Bank of New York Mellon Corp. (The)

     1,222       41,988  

Bank OZK

     226       5,600  

BankUnited Inc.

     216       5,454  

Banner Corp.

     52       1,917  

BOK Financial Corp.

     53       3,113  

Bryn Mawr Bank Corp.

     63       1,692  

Cathay General Bancorp.

     180       4,235  

CIT Group Inc.

     167       4,918  

Citigroup Inc.

     2,773       114,858  

Citizens Financial Group Inc.

     830       22,618  

City Holding Co.

     40       2,417  

Columbia Banking System Inc.

     153       4,347  

Comerica Inc.

     264       12,015  

Commerce Bancshares Inc.

     193       12,014  

Community Bank System Inc.

     114       6,611  

ConnectOne Bancorp. Inc.

     76       1,173  

Cullen/Frost Bankers Inc.

     118       8,292  

CVB Financial Corp.

     243       4,253  

Eagle Bancorp. Inc.

     67       2,005  

East West Bancorp. Inc.

     288       10,506  

Enterprise Financial Services Corp.

     58       1,688  

Fifth Third Bancorp.

     1,330       30,883  

First BanCorp./Puerto Rico

     384       2,492  

First Bancorp./Southern Pines NC

     71       1,710  

First Busey Corp.

     112       2,015  

First Citizens BancShares Inc./NC, Class A

     12       5,552  

First Commonwealth Financial Corp.

     268       2,310  

First Financial Bancorp.

     210       3,003  

First Financial Bankshares Inc.

     284       8,466  

First Hawaiian Inc.

     261       4,505  

First Horizon National Corp.

     1,165       12,128  

First Interstate BancSystem Inc., Class A

     83       2,930  

First Midwest Bancorp. Inc.

     230       2,887  

Flagstar Bancorp. Inc.

     62       1,820  

FNB Corp.

     695       5,254  

Fulton Financial Corp.

     382       4,198  

Glacier Bancorp. Inc.

     172       6,158  

Goldman Sachs Group Inc. (The)

     522       98,679  

Great Western Bancorp. Inc.

     127       1,650  

Hancock Whitney Corp.

     169       3,865  

Hanmi Financial Corp.

     78       701  

Heartland Financial USA Inc.

     71       2,339  

Heritage Financial Corp./WA

     75       1,572  

Hilltop Holdings Inc.

     160       3,650  

Home BancShares Inc./AR

     318       5,279  

Hope Bancorp Inc.

     282       2,276  

Huntington Bancshares Inc./OH

     1,901       19,846  

Independent Bank Corp.

     58       3,323  

Independent Bank Group Inc.

     43       2,218  

International Bancshares Corp.

     134       3,709  

JPMorgan Chase & Co.

     1,820       178,433  

KeyCorp.

     1,838       23,857  
Security   Shares     Value  
                                                     
Banks (continued)            

Lakeland Bancorp. Inc.

     132     $ 1,469  

Lakeland Financial Corp.

     67       3,426  

M&T Bank Corp.

     137       14,190  

Meta Financial Group Inc.

     57       1,672  

Morgan Stanley

     2,188       105,352  

National Bank Holdings Corp., Class A

     71       2,141  

NBT Bancorp. Inc.

     113       3,094  

Northern Trust Corp.

     350       27,394  

OFG Bancorp.

     94       1,353  

Old National Bancorp./IN

     329       4,599  

PacWest Bancorp.

     229       4,406  

Park National Corp.

     33       3,024  

Pinnacle Financial Partners Inc.

     147       6,731  

Popular Inc.

     173       7,301  

Prosperity Bancshares Inc.

     173       9,534  

Regions Financial Corp.

     1,846       24,552  

Renasant Corp.

     114       3,250  

S&T Bancorp. Inc.

     84       1,662  

Sandy Spring Bancorp. Inc.

     78       1,977  

Seacoast Banking Corp. of Florida(a)

    99       2,127  

ServisFirst Bancshares Inc.

     94       3,469  

Simmons First National Corp., Class A

     177       3,007  

South State Corp.

     133       8,166  

Southside Bancshares Inc.

     85       2,292  

State Street Corp.

     597       35,163  

SVB Financial Group(a)

    95       27,616  

Synovus Financial Corp.

     297       7,722  

TCF Financial Corp.

     279       7,592  

Texas Capital Bancshares Inc.(a)

    54       2,430  

Tompkins Financial Corp.

     38       2,128  

Truist Financial Corp.

     2,509       105,679  

Trustmark Corp.

     72       1,684  

U.S. Bancorp.

     2,492       97,063  

UMB Financial Corp.

     94       5,722  

Umpqua Holdings Corp.

     398       4,999  

United Community Banks Inc./GA

     128       2,680  

Valley National Bancorp.

     594       4,538  

Veritex Holdings Inc.

     64       1,263  

Webster Financial Corp.

     186       5,991  

Wells Fargo & Co.

     6,861       147,168  

WesBanco Inc.

     103       2,502  

Westamerica Bancorp.

     61       3,195  

Western Alliance Bancorp.

     152       6,262  

Wintrust Financial Corp.

     116       5,711  

Zions Bancorp NA

     357       11,520  
   

 

 

  
      1,648,477  
Commercial Services — 5.7%            

Automatic Data Processing Inc.

     211       33,330  

Avalara Inc.(a)

    26       3,875  

CoreLogic Inc.

     64       4,924  

Equifax Inc.

     78       10,655  

Euronet Worldwide Inc.(a)

    25       2,221  

EVERTEC Inc.

     66       2,196  

FleetCor Technologies Inc.(a)

    42       9,278  

FTI Consulting Inc.(a)

    21       2,068  

Global Payments Inc.

     165       26,027  

Grand Canyon Education Inc.(a)

    23       1,803  

Green Dot Corp., Class A(a)

    57       3,039  

HealthEquity Inc.(a)(b)

    37       1,905  

Insperity Inc.

     29       2,221  
 

 

 

    

   1

Schedule of Investments (unaudited) (continued)

October 31, 2020

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
                                                     
Commercial Services (continued)            

MarketAxess Holdings Inc.

     29     $ 15,627  

Moody’s Corp.

     135       35,492  

Morningstar Inc.

     17       3,236  

S&P Global Inc.

     140       45,182  

Service Corp. International

     111       5,140  

Verisk Analytics Inc.

     127       22,602  

WEX Inc.(a)

    37       4,682  
   

 

 

  
      235,503  
Computers — 0.1%            

Genpact Ltd.

     66       2,269  
   

 

 

  
Diversified Financial Services — 14.9%            

Affiliated Managers Group Inc.

     61       4,598  

Alliance Data Systems Corp.

     30       1,546  

Ally Financial Inc.

     601       16,035  

American Express Co.

     809       73,813  

Ameriprise Financial Inc.

     187       30,075  

Ares Management Corp., Class A

     76       3,215  

Artisan Partners Asset Management Inc., Class A

     70       2,804  

BGC Partners Inc., Class A

     217       640  

Boston Private Financial Holdings Inc.

     128       791  

Capital One Financial Corp.

     723       52,837  

Cboe Global Markets Inc.

     101       8,210  

Charles Schwab Corp. (The)

     1,966       80,822  

CME Group Inc.

     224       33,761  

Cohen & Steers Inc.

     36       2,027  

Credit Acceptance Corp.(a)(b)

    16       4,770  

Discover Financial Services

     392       25,484  

Eaton Vance Corp., NVS

     167       9,985  

Evercore Inc., Class A

     38       3,023  

Federated Hermes Inc.

     132       3,155  

Franklin Resources Inc.

     372       6,975  

Hamilton Lane Inc., Class A

     24       1,673  

Houlihan Lokey Inc.

     40       2,508  

Interactive Brokers Group Inc., Class A

     71       3,377  

Intercontinental Exchange Inc.

     438       41,347  

Invesco Ltd.

     336       4,405  

Janus Henderson Group PLC

     264       6,415  

Jefferies Financial Group Inc.

     307       5,990  

KKR & Co. Inc.

     539       18,407  

LendingTree Inc.(a)

    5       1,618  

LPL Financial Holdings Inc.

     104       8,313  

Mastercard Inc., Class A

     80       23,091  

Moelis & Co., Class A

     41       1,525  

Nasdaq Inc.

     105       12,704  

Navient Corp.

     271       2,171  

OneMain Holdings Inc.

     116       4,047  

Raymond James Financial Inc.

     207       15,823  

Santander Consumer USA Holdings Inc.

     110       2,237  

SEI Investments Co.

     153       7,520  

SLM Corp.

     711       6,534  

Stifel Financial Corp.

     123       7,191  

Synchrony Financial

     753       18,840  

T Rowe Price Group Inc.

     271       34,325  

Tradeweb Markets Inc., Class A

     54       2,942  

Virtu Financial Inc., Class A

     101       2,159  

Visa Inc., Class A

     23       4,179  

Waddell & Reed Financial Inc., Class A

     137       2,103  

Western Union Co. (The)

     288       5,599  
   

 

 

  
      611,609  
Security   Shares     Value  
                                                     
Electric — 0.1%            

Hawaiian Electric Industries Inc.

     139     $ 4,593  
   

 

 

  
Engineering & Construction — 0.0%            

frontdoor Inc.(a)

    55       2,179  
   

 

 

  
Forest Products & Paper — 0.2%            

International Paper Co.

     156       6,825  
   

 

 

  
Health Care - Services — 2.7%            

Anthem Inc.

     133       36,282  

Centene Corp.(a)

    109       6,442  

Humana Inc.

     5       1,996  

Molina Healthcare Inc.(a)

    42       7,832  

UnitedHealth Group Inc.

     189       57,672  
   

 

 

  
      110,224  
Home Builders — 0.3%            

NVR Inc.(a)

    3       11,859  
   

 

 

  
Household Products & Wares — 0.0%            

Spectrum Brands Holdings Inc.

     8       455  
   

 

 

  
Insurance — 25.8%            

Aflac Inc.

     1,181       40,095  

Alleghany Corp.

     26       14,220  

Allstate Corp. (The)

     516       45,795  

American Financial Group Inc./OH

     139       10,417  

American International Group Inc.

     1,525       48,022  

American National Group Inc.

     22       1,514  

Aon PLC, Class A

     173       31,834  

Arch Capital Group Ltd.(a)

    563       17,008  

Argo Group International Holdings Ltd.

     56       1,998  

Arthur J Gallagher & Co.

     250       25,928  

Assurant Inc.

     74       9,203  

Assured Guaranty Ltd.

     85       2,170  

Athene Holding Ltd., Class A(a)

    340       10,907  

Axis Capital Holdings Ltd.

     134       5,720  

Berkshire Hathaway Inc., Class B(a)

    586       118,313  

Brighthouse Financial Inc.(a)

    154       5,097  

Brown & Brown Inc.

     331       14,402  

Cincinnati Financial Corp.

     296       20,939  

CNA Financial Corp.

     66       1,966  

CNO Financial Group Inc.

     209       3,710  

eHealth Inc.(a)

    16       1,074  

Employers Holdings Inc.

     56       1,793  

Enstar Group Ltd.(a)

    19       3,266  

Equitable Holdings Inc.

     602       12,937  

Erie Indemnity Co., Class A, NVS

     27       6,288  

Essent Group Ltd.

     131       5,220  

Everest Re Group Ltd.

     71       13,993  

Fidelity National Financial Inc.

     416       13,017  

First American Financial Corp.

     190       8,472  

Genworth Financial Inc., Class A(a)

    1,014       3,985  

Globe Life Inc.

     198       16,056  

Hanover Insurance Group Inc. (The)

     81       7,748  

Hartford Financial Services Group Inc. (The)

     637       24,537  

Horace Mann Educators Corp.

     85       2,882  

James River Group Holdings Ltd.

     48       2,243  

Kemper Corp.

     121       7,461  

Kinsale Capital Group Inc.

     39       7,311  

Lincoln National Corp.

     371       13,022  

Loews Corp.

     240       8,323  
 

 

 

2  

    

Schedule of Investments (unaudited) (continued)

October 31, 2020

   

iShares® Evolved U.S. Financials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
                                                     
Insurance (continued)            

Markel Corp.(a)

    19     $ 17,723  

Marsh & McLennan Companies Inc.

     586       60,628  

Mercury General Corp.

     60       2,443  

MetLife Inc.

     1,308       49,508  

MGIC Investment Corp.

     653       6,569  

National General Holdings Corp.

     118       4,008  

NMI Holdings Inc., Class A(a)

    139       2,987  

Old Republic International Corp.

     379       6,170  

Palomar Holdings Inc.(a)(b)

    39       3,478  

Primerica Inc.

     56       6,173  

Principal Financial Group Inc.

     503       19,728  

ProAssurance Corp.

     105       1,620  

Progressive Corp. (The)

     981       90,154  

Prudential Financial Inc.

     723       46,287  

Radian Group Inc.

     321       5,762  

RenaissanceRe Holdings Ltd.

     75       12,129  

RLI Corp.

     90       7,803  

Safety Insurance Group Inc.

     33       2,310  

Selective Insurance Group Inc.

     112       5,831  

Travelers Companies Inc. (The)

     454       54,802  

Universal Insurance Holdings Inc.

     64       798  

Unum Group

     394       6,958  

Voya Financial Inc.

     255       12,222  

White Mountains Insurance Group Ltd.

     6       5,450  

Willis Towers Watson PLC

     116       21,168  

WR Berkley Corp.

     283       17,014  
   

 

 

  
      1,058,609  
Internet — 0.1%            

Lyft Inc., Class A(a)

    159       3,630  
   

 

 

  
Machinery — 1.1%            

Caterpillar Inc.

     257       40,362  

Vertiv Holdings Co.(a)

    196       3,459  
   

 

 

  
      43,821  
Media — 0.1%            

FactSet Research Systems Inc.

     16       4,904  
   

 

 

  
Pharmaceuticals — 1.8%            

Cigna Corp.

     275       45,917  

CVS Health Corp.

     491       27,540  
   

 

 

  
      73,457  
Private Equity — 0.6%            

Blackstone Group Inc. (The), Class A

     499       25,160  
   

 

 

  
Real Estate Investment Trusts — 0.6%            

AGNC Investment Corp.

     213       2,975  

Annaly Capital Management Inc.

     930       6,594  

MFA Financial Inc.

     382       1,077  

New Residential Investment Corp.

     268       2,010  

Two Harbors Investment Corp.

     150       759  

Weyerhaeuser Co.

     492       13,427  
   

 

 

  
      26,842  
Retail — 0.0%            

FirstCash Inc.

     30       1,561  
   

 

 

  
Security   Shares     Value  
                                                     
Savings & Loans — 1.3%            

Axos Financial Inc.(a)

    95     $ 2,590  

Berkshire Hills Bancorp. Inc.

     75       977  

Brookline Bancorp. Inc.

     175       1,677  

Capitol Federal Financial Inc.

     292       3,352  

Investors Bancorp. Inc.

     501       4,238  

Meridian Bancorp. Inc.

     113       1,407  

New York Community Bancorp. Inc.

     937       7,786  

Northwest Bancshares Inc.

     224       2,390  

OceanFirst Financial Corp.

     97       1,452  

Pacific Premier Bancorp. Inc.

     95       2,423  

People’s United Financial Inc.

     759       8,099  

Provident Financial Services Inc.

     140       1,900  

Sterling Bancorp./DE

     450       6,021  

Washington Federal Inc.

     174       3,704  

WSFS Financial Corp.

     118       3,739  
   

 

 

  
      51,755  
Semiconductors — 0.2%            

Intel Corp.

     155       6,863  
   

 

 

  
Software — 3.3%            

Black Knight Inc.(a)

    48       4,221  

Broadridge Financial Solutions Inc.

     90       12,384  

Fidelity National Information Services Inc.

     456       56,813  

Fiserv Inc.(a)

    277       26,445  

Jack Henry & Associates Inc.

     11       1,631  

MSCI Inc.

     44       15,393  

Paychex Inc.

     155       12,749  

SS&C Technologies Holdings Inc.

     91       5,389  
   

 

 

  
      135,025  
   

 

 

  

Total Common Stocks — 99.0%
(Cost: $4,875,541)

       4,065,620  
   

 

 

  
Short-Term Investments            
Money Market Funds — 1.0%            

BlackRock Cash Funds: Institutional, SL Agency Shares, 0.20%(c)(d)(e)

    10,352       10,359  

BlackRock Cash Funds: Treasury, SL Agency Shares, 0.04%(c)(d)

    30,000       30,000  
   

 

 

  
      40,359  
   

 

 

  

Total Short-Term Investments — 1.0%
(Cost: $40,360)

       40,359  
   

 

 

  

Total Investments in Securities — 100.0%
(Cost: $4,915,901)

       4,105,979  

Other Assets, Less Liabilities — 0.0%

       433  
   

 

 

  

Net Assets — 100.0%

     $ 4,106,412  
   

 

 

  

 

(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.

 

 

 

    

   3

Schedule of Investments (unaudited) (continued)

October 31, 2020

   

iShares® Evolved U.S. Financials ETF

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Value at
07/31/20		      Purchases
at Cost		     Proceeds
from Sales		      Net Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		      Value at
10/31/20		      Shares
Held at
10/31/20		      Income    

Capital

Gain
Distributions
from
Underlying
Funds

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

    $ 8,503      $ 1,859 (a)    $ —      $ (3 )     $ —      $ 10,359        10,352      $ 11 (b)    $ —  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      30,000        0 (a)       —        —        —        30,000        30,000        9       —  
          

 

 

     

 

 

     

 

 

        

 

 

    

 

 

  
           $ (3 )     $ —      $ 40,359         $ 20     $ —  
          

 

 

     

 

 

     

 

 

        

 

 

    

 

 

  

 

  (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.

 

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 October 31, 2020. 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

    $ 4,065,620        $ —        $ —        $ 4,065,620  

Money Market Funds

      40,359          —          —          40,359  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 4,105,979        $             —        $             —        $ 4,105,979  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations - Equity
NVS    Non-Voting Shares

 

 

 

4