iShares Russell Small/Mid-Cap Idx Inv A (BSMAX) NPORT-P iShares Global Infrastructure ETF (Jun 2024 report)

Schedule of Investments (unaudited)	iShares® Global Infrastructure ETF
June 30, 2024	(Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Argentina — 0.2%
Corp. America Airports SA(a)(b)		476,343	$	7,926,348
Australia — 8.7%
Atlas Arteria Ltd.		18,683,367		63,508,798
Dalrymple Bay Infrastructure Ltd.(b)		4,205,665		8,309,204
Qube Holdings Ltd.		29,128,988		70,745,370
Transurban Group		20,158,397		166,257,765
				308,821,137
Brazil — 0.7%
Centrais Eletricas Brasileiras SA, ADR		1,462,850		9,406,125
Cia. de Saneamento Basico do Estado de Sao
Paulo SABESP, ADR		483,217		6,499,269
Cia. Paranaense de Energia - Copel, ADR		372,518		2,492,145
Ultrapar Participacoes SA, ADR		1,371,194		5,361,369
				23,758,908
Canada — 7.9%
Enbridge Inc.		4,051,989		144,154,311
Keyera Corp.		435,596		12,064,422
Pembina Pipeline Corp.		1,047,133		38,852,725
TC Energy Corp.		1,977,997		74,981,853
Westshore Terminals Investment Corp.		558,416		9,269,857
				279,323,168
China — 5.0%
Anhui Expressway Co. Ltd., Class H		4,928,000		5,900,436
Beijing Capital International Airport Co. Ltd.,
Class H(a)		28,468,000		9,400,701
CGN Power Co. Ltd., Class H(c)		14,983,000		6,587,107
China Gas Holdings Ltd.		4,218,400		3,779,560
China Longyuan Power Group Corp. Ltd., Class H		4,729,000		4,245,190
China Merchants Port Holdings Co. Ltd.		21,498,000		31,944,285
China Resources Gas Group Ltd.		1,282,700		4,490,704
China Resources Power Holdings Co. Ltd.		2,530,000		7,751,565
COSCO Shipping Ports Ltd.		24,650,000		16,990,578
Jiangsu Expressway Co. Ltd., Class H		20,222,000		21,571,590
Kunlun Energy Co. Ltd.		5,650,000		5,845,892
Shenzhen Expressway Corp. Ltd., Class H		10,104,000		9,412,105
Shenzhen International Holdings Ltd.		22,182,000		17,696,629
Sichuan Expressway Co. Ltd., Class H		11,334,000		4,956,511
Yuexiu Transport Infrastructure Ltd.(b)		15,406,000		8,008,437
Zhejiang Expressway Co. Ltd., Class H		26,864,000		18,079,040
				176,660,330
France — 5.9%
Aeroports de Paris SA		653,550		79,603,028
Engie SA		2,481,870		35,541,258
Gaztransport Et Technigaz SA		41,984		5,492,589
Getlink SE		5,357,444		88,705,267
				209,342,142
Germany — 2.0%
E.ON SE		3,186,012		41,872,762
Fraport AG Frankfurt Airport Services Worldwide(a)		595,426		30,810,067
				72,682,829
Italy — 2.6%
Enav SpA(c)		4,217,014		16,765,565
Enel SpA		10,966,466		76,094,014
				92,859,579
Japan — 1.5%
Japan Airport Terminal Co. Ltd.		1,536,900		52,547,694

Security	Shares		Value
Mexico — 6.5%
Grupo Aeroportuario del Centro Norte SAB de
CV, ADR		568,757	$	38,476,411
Grupo Aeroportuario del Pacifico SAB de CV, ADR		647,044		100,790,044
Grupo Aeroportuario del Sureste SAB de CV, ADR		301,889		90,421,793
				229,688,248
New Zealand — 2.8%
Auckland International Airport Ltd.		21,680,431		100,758,322
Norway — 0.2%
Frontline PLC, NVS		269,737		7,054,463
Singapore — 1.5%
Hutchison Port Holdings Trust, Class U(b)		81,744,300		10,463,271
SATS Ltd.(a)(b)		17,226,018		36,134,444
SIA Engineering Co. Ltd.		4,251,700		7,263,286
				53,861,001
Spain — 8.1%
Aena SME SA(c)		884,883		179,186,322
Iberdrola SA		8,294,822		107,624,718
				286,811,040
Switzerland — 1.9%
Flughafen Zurich AG, Registered		314,346		69,583,535
United Kingdom — 1.8%
National Grid PLC		5,732,862		64,013,907
United States — 41.9%
American Electric Power Co. Inc.		745,366		65,398,413
American Water Works Co. Inc.		276,299		35,686,779
Antero Midstream Corp.		647,438		9,543,236
Cheniere Energy Inc.		454,259		79,418,101
Consolidated Edison Inc.		489,896		43,806,500
Constellation Energy Corp.		453,230		90,768,372
Dominion Energy Inc.		1,186,075		58,117,675
DT Midstream Inc.(a)		185,782		13,196,095
Duke Energy Corp.		1,094,113		109,662,946
Edison International		544,129		39,073,904
Equitrans Midstream Corp.		823,582		10,690,094
Exelon Corp.		1,414,325		48,949,788
Kinder Morgan Inc.		3,687,041		73,261,505
NextEra Energy Inc.		2,781,366		196,948,526
ONEOK Inc.		1,110,514		90,562,417
PG&E Corp.		3,030,133		52,906,122
Public Service Enterprise Group Inc.		706,512		52,069,934
Sempra Energy		893,070		67,926,904
Southern Co. (The)		1,547,679		120,053,460
Targa Resources Corp.		425,487		54,794,216
WEC Energy Group Inc.		447,638		35,121,678
Williams Companies Inc. (The)		2,319,004		98,557,670
Xcel Energy Inc.		782,670		41,802,405
				1,488,316,740
Total Common Stocks — 99.2%
(Cost: $3,299,756,046)				3,524,009,391

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Schedule of Investments (unaudited) (continued)	iShares® Global Infrastructure ETF
June 30, 2024	(Percentages shown are based on Net Assets)

Security	Shares		Value
Preferred Stocks
Brazil — 0.1%
Cia. Energetica de Minas Gerais, Preference
Shares, ADR		2,681,624	$	4,719,658
Total Preferred Stocks — 0.1%
(Cost: $3,891,333)				4,719,658
Total Long-Term Investments — 99.3%
(Cost: $3,303,647,379)				3,528,729,049
Short-Term Securities
Money Market Funds — 0.2%
BlackRock Cash Funds: Institutional, SL Agency
Shares, 5.48%(d)(e)(f)		3,939,273		3,940,454
BlackRock Cash Funds: Treasury, SL Agency Shares,
5.28%(d)(e)		3,110,000		3,110,000
Total Short-Term Securities — 0.2%
(Cost: $7,049,397)				7,050,454
Total Investments — 99.5%
(Cost: $3,310,696,776)				3,535,779,503
Other Assets Less Liabilities — 0.5%				18,600,970
Net Assets — 100.0%			$	3,554,380,473

^(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 the cash collateral from loaned securities.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 03/31/24		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 06/30/24		Shares Held at 06/30/24		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	9,341,005	$	—	$	(5,399,370	)(a)	$	(1,827	)	$	646	$	3,940,454		3,939,273	$	160,476	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		4,020,000		—		(910,000	)(a)		—			—		3,110,000		3,110,000		73,540			—
								$	(1,827	)	$	646	$	7,050,454			$	234,016		$	—

^(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.

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
IBEX 35 Index		48	07/19/24	$	5,600	$	4,442
S&P/TSE 60 Index		51	09/19/24		9,771		52,223
SPI 200 Index		52	09/19/24		6,723		31,207
Dow Jones U.S. Real Estate Index		143	09/20/24		4,855		32,178
						$	120,050

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Schedule of Investments (unaudited) (continued)	iShares® Global Infrastructure ETF
June 30, 2024

Fair Value Hierarchy as of Period End

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 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 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.

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
Assets
Investments
Long-Term Investments
Common Stocks	$	2,163,832,070	$	1,360,177,321	$	—	$	3,524,009,391
Preferred Stocks		4,719,658		—		—		4,719,658
Short-Term Securities
Money Market Funds		7,050,454		—		—		7,050,454
	$	2,175,602,182	$	1,360,177,321	$	—	$	3,535,779,503
Derivative Financial Instruments(a)
Assets
Equity Contracts	$	84,401	$	35,649	$	—	$	120,050

^(a)  Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

Portfolio Abbreviation

ADR American Depositary Receipt

NVS Non-Voting Shares

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