UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-22903
J.P. Morgan Exchange-Traded Fund Trust
(Exact name of registrant as specified in charter)
277 Park Avenue
New York, NY 10172
(Address of principal executive offices) (Zip code)
Gregory S. Samuels
J.P. Morgan Investment Management Inc.
277 Park Avenue
New York, NY 10172
(Name and Address of Agent for Service)
With copies to:
Elizabeth A. Davin, Esq. | Jon S. Rand, Esq. | |
JPMorgan Chase & Co. | Dechert LLP | |
1111 Polaris Parkway | 1095 Avenue of the Americas | |
Columbus, OH 43240 | New York, NY 10036 |
Registrant’s telephone number, including area code: 1-844-457-6383
Date of fiscal year end: October 31
Date of reporting period: November 1, 2021 through April 30, 2022
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. Section 3507.
ITEM 1. REPORTS TO STOCKHOLDERS.
a.) The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1).
b.) A copy of the notice transmitted to shareholders in reliance on Rule 30e-3 under the 1940 Act that contains disclosures specified by paragraph (c)(3) of that rule is included in the Annual Reports. Not Applicable. Notices do not incorporate disclosures from the shareholder report.
Ticker | Listing Exchange | |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | JEMA | Cboe BZX Exchange, Inc. |
JPMorgan ActiveBuilders International Equity ETF | JIDA | NYSE Arca |
JPMorgan BetaBuilders Canada ETF | BBCA | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | BBAX | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders Europe ETF | BBEU | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders International Equity ETF | BBIN | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders Japan ETF | BBJP | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders U.S. Equity ETF | BBUS | Cboe BZX Exchange, Inc. |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC | NYSE Arca |
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | BBSC | NYSE Arca |
JPMorgan Carbon Transition U.S. Equity ETF | JCTR | NYSE Arca |
JPMorgan Climate Change Solutions ETF | TEMP | NYSE Arca |
JPMorgan Diversified Return Emerging Markets Equity ETF | JPEM | NYSE Arca |
JPMorgan Diversified Return International Equity ETF | JPIN | NYSE Arca |
JPMorgan Diversified Return U.S. Equity ETF | JPUS | NYSE Arca |
JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME | NYSE Arca |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPSE | NYSE Arca |
JPMorgan International Growth ETF | JIG | NYSE Arca |
JPMorgan U.S. Dividend ETF | JDIV | NYSE Arca |
JPMorgan U.S. Minimum Volatility ETF | JMIN | NYSE Arca |
JPMorgan U.S. Momentum Factor ETF | JMOM | NYSE Arca |
JPMorgan U.S. Quality Factor ETF | JQUA | NYSE Arca |
JPMorgan U.S. Value Factor ETF | JVAL | NYSE Arca |
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“While financial markets may experience near-term uncertainty, we believe it is critical for investors to maintain a long-term perspective and a well-diversified portfolio.” — Brian S. Shlissel |
President, J.P. Morgan Exchange-Traded Funds
J.P. Morgan Asset Management
1-844-4JPM-ETF or jpmorgan.com/etfs for more information
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 1 |
2 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (19.18)% |
Market Price ** | (19.50)% |
MSCI Emerging Markets Index (net total return) | (14.15)% |
Net Assets as of 4/30/2022 | $728,181,840 |
Fund Ticker | JEMA |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 3 |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan) | 5.7 % | |
2. | Samsung Electronics Co. Ltd. (South Korea) | 3.7 | |
3. | Tencent Holdings Ltd. (China) | 3.1 | |
4. | Infosys Ltd. (India) | 1.8 | |
5. | Wal-Mart de Mexico SAB de CV (Mexico) | 1.6 | |
6. | Alibaba Group Holding Ltd. (China) | 1.5 | |
7. | Housing Development Finance Corp. Ltd. (India) | 1.4 | |
8. | NetEase, Inc. (China) | 1.3 | |
9. | SK Hynix, Inc. (South Korea) | 1.2 | |
10. | China Merchants Bank Co. Ltd., Class H (China) | 1.2 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
China | 30.9% | |
Taiwan | 16.5 | |
South Korea | 12.8 | |
India | 11.6 | |
Brazil | 5.3 | |
Mexico | 4.4 | |
South Africa | 3.0 | |
Indonesia | 2.4 | |
Hong Kong | 2.2 | |
Saudi Arabia | 2.0 | |
Thailand | 1.6 | |
Others (each less than 1.0%) | 5.3 | |
Short-Term Investments | 2.0 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $38.12 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $38.18. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
4 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan ActiveBuilders Emerging Markets Equity ETF | |||||||
Net Asset Value | March 10, 2021 | (19.18)% | (21.64)% | (17.17)% | |||
Market Price | (19.50)% | (21.74)% | (17.07)% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 5 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (13.12)% |
Market Price ** | (13.60)% |
MSCI EAFE Index (net total return) | (11.80)% |
Net Assets as of 4/30/2022 | $25,275,445 |
Fund Ticker | JIDA |
6 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Nestle SA (Registered) (Switzerland) | 3.2 % | |
2. | Roche Holding AG (Switzerland) | 2.5 | |
3. | Novo Nordisk A/S, Class B (Denmark) | 2.3 | |
4. | ASML Holding NV (Netherlands) | 2.1 | |
5. | BHP Group Ltd. (Australia) | 1.9 | |
6. | LVMH Moet Hennessy Louis Vuitton SE (France) | 1.9 | |
7. | Diageo plc (United Kingdom) | 1.9 | |
8. | TotalEnergies SE (France) | 1.4 | |
9. | Shell plc (Netherlands) | 1.4 | |
10. | Allianz SE (Registered) (Germany) | 1.4 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Japan | 18.3% | |
United Kingdom | 12.2 | |
Switzerland | 11.2 | |
France | 11.0 | |
Germany | 8.0 | |
Netherlands | 6.4 | |
Australia | 5.4 | |
Denmark | 4.2 | |
United States | 3.1 | |
Sweden | 3.0 | |
Hong Kong | 2.2 | |
Spain | 1.9 | |
Singapore | 1.5 | |
Italy | 1.0 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Finland | 1.0% | |
Others (each less than 1.0%) | 7.2 | |
Short-Term Investments | 2.4 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $42.13 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $42.05. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 7 |
INCEPTION DATE | SIX MONTHS* | SINCE INCEPTION | |||
JPMorgan ActiveBuilders International Equity ETF | |||||
Net Asset Value | July 7, 2021 | (13.12)% | (11.25)% | ||
Market Price | (13.60)% | (11.42)% |
* | Not annualized. |
8 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (3.59)% |
Market Price ** | (3.77)% |
Morningstar® Canada Target Market Exposure IndexSM (net total return) | (2.99)% |
Net Assets as of 4/30/2022 | $6,546,694,501 |
Fund Ticker | BBCA |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Royal Bank of Canada (Canada) | 6.8 % | |
2. | Toronto-Dominion Bank (The) (Canada) | 6.3 | |
3. | Enbridge, Inc. (Canada) | 4.2 | |
4. | Bank of Nova Scotia (The) (Canada) | 3.6 | |
5. | Brookfield Asset Management, Inc., Class A (Canada) | 3.5 | |
6. | Canadian Natural Resources Ltd. (Canada) | 3.4 | |
7. | Canadian National Railway Co. (Canada) | 3.4 | |
8. | Bank of Montreal (Canada) | 3.4 | |
9. | Canadian Pacific Railway Ltd. (Canada) | 3.2 | |
10. | Nutrien Ltd. (Canada) | 2.6 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Financials | 34.1% | |
Energy | 16.7 | |
Industrials | 11.3 | |
Materials | 10.8 | |
Information Technology | 5.6 | |
Consumer Staples | 4.0 | |
Utilities | 3.3 | |
Consumer Discretionary | 3.1 | |
Communication Services | 3.0 | |
Others (each less than 1.0%) | 0.9 | |
Short-Term Investments | 6.8 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $64.63 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $64.68. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 9 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
10 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders Canada ETF | |||||||
Net Asset Value | August 7, 2018 | (3.59)% | 7.09% | 10.15% | |||
Market Price | (3.77)% | 7.14% | 10.17% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 11 |
(formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
REPORTING PERIOD RETURN: | |
Net Asset Value * | (5.55)% |
Market Price ** | (6.07)% |
Morningstar® Developed Asia Pacific ex-Japan Target Market Exposure IndexSM (net total return) | (3.77)% |
Net Assets as of 4/30/2022 | $4,290,527,026 |
Fund Ticker | BBAX |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | BHP Group Ltd. (Australia) | 8.8 % | |
2. | Commonwealth Bank of Australia (Australia) | 6.5 | |
3. | AIA Group Ltd. (Hong Kong) | 6.2 | |
4. | CSL Ltd. (Australia) | 4.8 | |
5. | National Australia Bank Ltd. (Australia) | 3.9 | |
6. | Westpac Banking Corp. (Australia) | 3.1 | |
7. | Australia & New Zealand Banking Group Ltd. (Australia) | 2.8 | |
8. | Macquarie Group Ltd. (Australia) | 2.7 | |
9. | Hong Kong Exchanges & Clearing Ltd. (Hong Kong) | 2.6 | |
10. | DBS Group Holdings Ltd. (Singapore) | 2.3 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Australia | 63.6% | |
Hong Kong | 19.0 | |
Singapore | 10.1 | |
China | 2.4 | |
New Zealand | 2.0 | |
United Kingdom | 1.0 | |
Others (each less than 1.0%) | 1.6 | |
Short-Term Investments | 0.3 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $52.07 as of April 30, 2022. |
12 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $52.00. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 13 |
(formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | |||||||
Net Asset Value | August 7, 2018 | (5.55)% | (6.16)% | 4.86% | |||
Market Price | (6.07)% | (6.58)% | 4.81% |
* | Not annualized. |
14 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (12.68)% |
Market Price ** | (13.28)% |
Morningstar® Developed Europe Target Market Exposure IndexSM (net total return) | (11.85)% |
Net Assets as of 4/30/2022 | $9,447,598,743 |
Fund Ticker | BBEU |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Nestle SA (Registered) (Switzerland) | 3.5 % | |
2. | Roche Holding AG (Switzerland) | 2.6 | |
3. | ASML Holding NV (Netherlands) | 2.2 | |
4. | Novartis AG (Registered) (Switzerland) | 2.1 | |
5. | AstraZeneca plc (United Kingdom) | 2.0 | |
6. | Shell plc (Netherlands) | 2.0 | |
7. | Novo Nordisk A/S, Class B (Denmark) | 1.8 | |
8. | LVMH Moet Hennessy Louis Vuitton SE (France) | 1.7 | |
9. | HSBC Holdings plc (United Kingdom) | 1.2 | |
10. | Unilever plc (United Kingdom) | 1.2 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
United Kingdom | 18.3% | |
Switzerland | 14.6 | |
France | 14.4 | |
Germany | 10.8 | |
Netherlands | 7.6 | |
Sweden | 5.3 | |
Denmark | 3.9 | |
Spain | 3.6 | |
Italy | 3.1 | |
United States | 2.9 | |
Finland | 1.9 | |
Belgium | 1.4 | |
Australia | 1.4 | |
Norway | 1.2 | |
Others (each less than 1.0%) | 3.9 | |
Short-Term Investments | 5.7 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 15 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $51.54 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $51.34. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
16 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders Europe ETF | |||||||
Net Asset Value | June 15, 2018 | (12.68)% | (7.43)% | 3.55% | |||
Market Price | (13.28)% | (8.05)% | 3.44% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 17 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (12.64)% |
Market Price ** | (13.05)% |
Morningstar® Developed Markets ex-North America Target Market Exposure IndexSM (net total return) | (11.75)% |
Net Assets as of 4/30/2022 | $2,945,583,312 |
Fund Ticker | BBIN |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Nestle SA (Registered) (Switzerland) | 2.3 % | |
2. | Roche Holding AG (Switzerland) | 1.7 | |
3. | ASML Holding NV (Netherlands) | 1.4 | |
4. | Toyota Motor Corp. (Japan) | 1.4 | |
5. | Novartis AG (Registered) (Switzerland) | 1.3 | |
6. | AstraZeneca plc (United Kingdom) | 1.3 | |
7. | Shell plc (Netherlands) | 1.3 | |
8. | Novo Nordisk A/S, Class B (Denmark) | 1.2 | |
9. | LVMH Moet Hennessy Louis Vuitton SE (France) | 1.1 | |
10. | BHP Group Ltd. (Australia) | 1.1 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Japan | 22.9% | |
United Kingdom | 12.1 | |
Switzerland | 9.6 | |
France | 9.4 | |
Australia | 8.5 | |
Germany | 7.1 | |
Netherlands | 5.0 | |
Sweden | 3.5 | |
Denmark | 2.6 | |
Spain | 2.4 | |
Hong Kong | 2.3 | |
Italy | 2.0 | |
United States | 2.0 | |
Singapore | 1.4 | |
Finland | 1.3 | |
Others (each less than 1.0%) | 4.9 | |
Short-Term Investments | 3.0 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $51.86 as of April 30, 2022. |
18 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $51.71. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 19 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders International Equity ETF | |||||||
Net Asset Value | December 3, 2019 | (12.64)% | (8.83)% | 3.93% | |||
Market Price | (13.05)% | (9.26)% | 3.81% |
* | Not annualized. |
20 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (16.12)% |
Market Price ** | (16.10)% |
Morningstar® Japan Target Market Exposure IndexSM (net total return) | (15.49)% |
Net Assets as of 4/30/2022 | $7,120,028,010 |
Fund Ticker | BBJP |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Toyota Motor Corp. (Japan) | 6.0 % | |
2. | Sony Group Corp. (Japan) | 2.9 | |
3. | Keyence Corp. (Japan) | 2.1 | |
4. | Mitsubishi UFJ Financial Group, Inc. (Japan) | 2.0 | |
5. | Tokyo Electron Ltd. (Japan) | 1.8 | |
6. | Recruit Holdings Co. Ltd. (Japan) | 1.7 | |
7. | KDDI Corp. (Japan) | 1.5 | |
8. | Shin-Etsu Chemical Co. Ltd. (Japan) | 1.5 | |
9. | Nintendo Co. Ltd. (Japan) | 1.4 | |
10. | SoftBank Group Corp. (Japan) | 1.4 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Industrials | 22.7% | |
Consumer Discretionary | 19.2 | |
Information Technology | 12.6 | |
Financials | 9.7 | |
Health Care | 8.9 | |
Communication Services | 7.7 | |
Consumer Staples | 6.7 | |
Materials | 5.2 | |
Real Estate | 4.0 | |
Utilities | 1.1 | |
Energy | 0.8 | |
Short-Term Investments | 0.2 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $46.60 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $46.65. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 21 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
22 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders Japan ETF | |||||||
Net Asset Value | June 15, 2018 | (16.12)% | (14.25)% | 0.19% | |||
Market Price | (16.10)% | (14.29)% | 0.22% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 23 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (11.12)% |
Market Price ** | (11.08)% |
Morningstar® US Target Market Exposure IndexSM | (11.13)% |
Net Assets as of 4/30/2022 | $1,081,726,160 |
Fund Ticker | BBUS |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Apple, Inc. | 6.6 % | |
2. | Microsoft Corp. | 5.6 | |
3. | Amazon.com, Inc. | 2.9 | |
4. | Tesla, Inc. | 2.0 | |
5. | Alphabet, Inc., Class A | 1.9 | |
6. | Alphabet, Inc., Class C | 1.7 | |
7. | Berkshire Hathaway, Inc., Class B | 1.6 | |
8. | UnitedHealth Group, Inc. | 1.3 | |
9. | Johnson & Johnson | 1.3 | |
10. | NVIDIA Corp. | 1.3 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Information Technology | 27.5% | |
Health Care | 13.8 | |
Consumer Discretionary | 11.3 | |
Financials | 11.0 | |
Communication Services | 8.4 | |
Industrials | 7.9 | |
Consumer Staples | 6.5 | |
Energy | 3.9 | |
Real Estate | 3.0 | |
Utilities | 2.8 | |
Materials | 2.7 | |
Short-Term Investments | 0.8 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $74.35 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the Cboe BZX Exchange, Inc. As of April 30, 2022, the closing price was $74.35. |
24 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 25 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders U.S. Equity ETF | |||||||
Net Asset Value | March 12, 2019 | (11.12)% | (1.74)% | 15.07% | |||
Market Price | (11.08)% | (1.82)% | 15.07% |
* | Not annualized. |
26 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (16.16)% |
Market Price ** | (16.31)% |
Morningstar® US Mid Cap Target Market Exposure Extended IndexSM | (16.16)% |
Net Assets as of 4/30/2022 | $1,504,652,074 |
Fund Ticker | BBMC |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Marathon Oil Corp. | 0.6 % | |
2. | Targa Resources Corp. | 0.6 | |
3. | LPL Financial Holdings, Inc. | 0.5 | |
4. | APA Corp. | 0.5 | |
5. | Zendesk, Inc. | 0.5 | |
6. | ZoomInfo Technologies, Inc., Class A | 0.5 | |
7. | Carlisle Cos., Inc. | 0.5 | |
8. | Ovintiv, Inc. | 0.4 | |
9. | Liberty Media Corp-Liberty Formula One, Class C | 0.4 | |
10. | Rexford Industrial Realty, Inc. | 0.4 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Industrials | 16.8% | |
Information Technology | 14.2 | |
Financials | 12.9 | |
Consumer Discretionary | 12.7 | |
Health Care | 10.8 | |
Real Estate | 9.8 | |
Materials | 5.8 | |
Energy | 4.8 | |
Consumer Staples | 3.3 | |
Communication Services | 3.2 | |
Utilities | 2.6 | |
Short-Term Investments | 2.8 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $78.06 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $77.99. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 27 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
28 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | |||||||
Net Asset Value | April 14, 2020 | (16.16)% | (11.66)% | 24.53% | |||
Market Price | (16.31)% | (11.76)% | 24.47% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 29 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (17.64)% |
Market Price ** | (17.81)% |
Morningstar® US Small Cap Target Market Exposure Extended IndexSM | (17.64)% |
Net Assets as of 4/30/2022 | $499,764,617 |
Fund Ticker | BBSC |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Southwestern Energy Co. | 0.6 % | |
2. | Independence Realty Trust, Inc. | 0.4 | |
3. | Sailpoint Technologies Holdings, Inc. | 0.4 | |
4. | Murphy Oil Corp. | 0.4 | |
5. | Matador Resources Co. | 0.4 | |
6. | Murphy USA, Inc. | 0.4 | |
7. | Chemours Co. (The) | 0.4 | |
8. | Rogers Corp. | 0.4 | |
9. | Commercial Metals Co. | 0.4 | |
10. | Kite Realty Group Trust | 0.3 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Financials | 16.0% | |
Industrials | 15.7 | |
Information Technology | 13.3 | |
Health Care | 13.1 | |
Consumer Discretionary | 10.4 | |
Energy | 7.3 | |
Real Estate | 6.3 | |
Materials | 4.9 | |
Consumer Staples | 3.7 | |
Communication Services | 2.8 | |
Utilities | 1.9 | |
Short-Term Investments | 2.9 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $55.22 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $55.16. |
30 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 31 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | |||||||
Net Asset Value | November 16, 2020 | (17.64)% | (15.41)% | 6.24% | |||
Market Price | (17.81)% | (15.48)% | 6.16% |
* | Not annualized. |
32 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (10.31)% |
Market Price ** | (10.41)% |
JPMorgan Asset Management Carbon Transition U.S. Equity Index | (10.25)% |
Russell 1000 Index | (11.29)% |
Net Assets as of 4/30/2022 | $22,214,925 |
Fund Ticker | JCTR |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Apple, Inc. | 6.5 % | |
2. | Microsoft Corp. | 5.7 | |
3. | Alphabet, Inc., Class A | 3.7 | |
4. | Amazon.com, Inc. | 3.0 | |
5. | Tesla, Inc. | 1.7 | |
6. | UnitedHealth Group, Inc. | 1.6 | |
7. | Johnson & Johnson | 1.5 | |
8. | NVIDIA Corp. | 1.3 | |
9. | Visa, Inc., Class A | 1.3 | |
10. | Exxon Mobil Corp. | 1.2 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Information Technology | 29.4% | |
Health Care | 14.9 | |
Consumer Discretionary | 11.8 | |
Financials | 11.4 | |
Communication Services | 7.3 | |
Industrials | 6.6 | |
Consumer Staples | 6.1 | |
Energy | 4.1 | |
Real Estate | 3.6 | |
Utilities | 2.7 | |
Materials | 2.0 | |
Short-Term Investments | 0.0 **** |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $55.54 as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 33 |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $55.49. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
**** | Amount rounds to less than 0.1%. |
34 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan Carbon Transition U.S. Equity ETF | |||||||
Net Asset Value | December 9, 2020 | (10.31)% | 0.12% | 10.25% | |||
Market Price | (10.41)% | 0.06% | 10.18% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 35 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (21.24)% |
Market Price ** | (21.16)% |
MSCI ACWI Index (net total return) | (11.17)% |
Net Assets as of 4/30/2022 | $20,779,859 |
Fund Ticker | TEMP |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Deere & Co. | 4.1 % | |
2. | Linde plc (United Kingdom) | 3.7 | |
3. | Schneider Electric SE | 3.6 | |
4. | Weyerhaeuser Co. | 3.3 | |
5. | NextEra Energy, Inc. | 3.3 | |
6. | Johnson Controls International plc | 3.2 | |
7. | Trane Technologies plc | 3.2 | |
8. | AGCO Corp. | 3.1 | |
9. | Boliden AB (Sweden) | 3.1 | |
10. | CNH Industrial NV (United Kingdom) | 3.1 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
United States | 44.7% | |
United Kingdom | 8.1 | |
Sweden | 5.7 | |
Netherlands | 5.3 | |
Switzerland | 4.5 | |
Spain | 4.0 | |
France | 4.0 | |
China | 3.8 | |
Germany | 3.8 | |
Finland | 3.3 | |
Japan | 2.5 | |
Canada | 2.1 | |
Ireland | 2.1 | |
Denmark | 2.0 | |
Italy | 1.9 | |
South Korea | 1.6 | |
Norway | 0.6 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $37.78 as of April 30, 2022. |
36 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
** | Market price return was calculated assuming an initial investment made at the inception date net asset value, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $37.82. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 37 |
INCEPTION DATE | CUMULATIVE SINCE INCEPTION | ||
JPMorgan Climate Change Solutions ETF | |||
Net Asset Value | December 13, 2021 | (21.24)% | |
Market Price | (21.16)% |
38 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (4.84)% |
Market Price ** | (5.33)% |
JP Morgan Diversified Factor Emerging Markets Equity Index (net total return) | (4.39)% |
FTSE Emerging Index (net total return) | (12.14)% |
Net Assets as of 4/30/2022 | $164,987,400 |
Fund Ticker | JPEM |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 39 |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Infosys Ltd. (India) | 1.8 % | |
2. | Vale SA (Brazil) | 1.5 | |
3. | Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan) | 1.3 | |
4. | Al Rajhi Bank (Saudi Arabia) | 1.2 | |
5. | Reliance Industries Ltd. (India) | 1.2 | |
6. | Emirates Telecommunications Group Co. PJSC (United Arab Emirates) | 1.0 | |
7. | Petroleo Brasileiro SA (Preference) (Brazil) | 0.9 | |
8. | Tata Consultancy Services Ltd. (India) | 0.9 | |
9. | Hindustan Unilever Ltd. (India) | 0.9 | |
10. | Bank of China Ltd., Class H (China) | 0.9 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
China | 23.3% | |
Taiwan | 11.3 | |
India | 11.1 | |
Brazil | 9.4 | |
Saudi Arabia | 7.3 | |
South Africa | 7.1 | |
Mexico | 6.2 | |
Turkey | 3.6 | |
Indonesia | 3.2 | |
United Arab Emirates | 2.9 | |
Thailand | 2.5 | |
Malaysia | 2.1 | |
Qatar | 2.0 | |
Kuwait | 2.0 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Chile | 1.4% | |
Greece | 1.1 | |
Others (each less than 1.0%) | 3.0 | |
Short-Term Investments | 0.5 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $53.22 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $53.00. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
40 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | 5 YEAR | SINCE INCEPTION | |||||
JPMorgan Diversified Return Emerging Markets Equity ETF | |||||||||
Net Asset Value | January 7, 2015 | (4.84)% | (3.98)% | 4.05% | 3.78% | ||||
Market Price | (5.33)% | (3.83)% | 3.86% | 3.73% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 41 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (9.39)% |
Market Price ** | (9.69)% |
JP Morgan Diversified Factor International Equity Index (net total return) | (8.34)% |
FTSE Developed ex North America Index (net total return) | (11.94)% |
Net Assets as of 4/30/2022 | $761,070,541 |
Fund Ticker | JPIN |
42 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | AstraZeneca plc (United Kingdom) | 0.5 % | |
2. | Shell plc (Netherlands) | 0.5 | |
3. | GlaxoSmithKline plc | 0.5 | |
4. | Diageo plc (United Kingdom) | 0.5 | |
5. | NN Group NV (Netherlands) | 0.5 | |
6. | SSE plc (United Kingdom) | 0.5 | |
7. | Novo Nordisk A/S, Class B (Denmark) | 0.4 | |
8. | Naturgy Energy Group SA (Spain) | 0.4 | |
9. | Unilever plc (United Kingdom) | 0.4 | |
10. | British American Tobacco plc (United Kingdom) | 0.4 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Japan | 27.8% | |
United Kingdom | 15.7 | |
Australia | 10.4 | |
South Korea | 7.1 | |
Sweden | 4.3 | |
France | 3.9 | |
Hong Kong | 3.7 | |
Netherlands | 3.0 | |
Germany | 2.9 | |
Singapore | 2.1 | |
Switzerland | 2.0 | |
Italy | 2.0 | |
Spain | 2.0 | |
Finland | 1.9 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
China | 1.4% | |
United States | 1.3 | |
Norway | 1.1 | |
Others (each less than 1.0%) | 5.2 | |
Short-Term Investments | 2.2 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $53.60 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $53.48. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 43 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | 5 YEAR | SINCE INCEPTION | |||||
JPMorgan Diversified Return International Equity ETF | |||||||||
Net Asset Value | November 5, 2014 | (9.39)% | (9.34)% | 3.16% | 3.69% | ||||
Market Price | (9.69)% | (9.40)% | 3.06% | 3.66% |
* | Not annualized. |
44 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (1.15)% |
Market Price ** | (1.26)% |
JP Morgan Diversified Factor US Equity Index | (1.05)% |
Russell 1000 Index | (11.29)% |
Net Assets as of 4/30/2022 | $555,789,865 |
Fund Ticker | JPUS |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Olin Corp. | 0.5 % | |
2. | Westlake Corp. | 0.5 | |
3. | Corteva, Inc. | 0.5 | |
4. | Nucor Corp. | 0.5 | |
5. | Vistra Corp. | 0.5 | |
6. | Eli Lilly & Co. | 0.5 | |
7. | Steel Dynamics, Inc. | 0.5 | |
8. | Coterra Energy, Inc. | 0.4 | |
9. | McKesson Corp. | 0.4 | |
10. | Southern Co. (The) | 0.4 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Consumer Staples | 13.9% | |
Health Care | 12.4 | |
Utilities | 11.3 | |
Information Technology | 10.7 | |
Materials | 10.0 | |
Industrials | 8.3 | |
Financials | 8.1 | |
Real Estate | 8.1 | |
Consumer Discretionary | 5.5 | |
Energy | 4.8 | |
Communication Services | 4.6 | |
Short-Term Investments | 2.2 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $99.25 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $99.17. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 45 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
46 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | 5 YEAR | SINCE INCEPTION | |||||
JPMorgan Diversified Return U.S. Equity ETF | |||||||||
Net Asset Value | September 29, 2015 | (1.15)% | 6.42% | 11.44% | 12.87% | ||||
Market Price | (1.26)% | 6.30% | 11.41% | 12.86% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 47 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (3.68)% |
Market Price ** | (3.80)% |
JP Morgan Diversified Factor US Mid Cap Equity Index | (3.56)% |
Russell Midcap Index | (12.54)% |
Net Assets as of 4/30/2022 | $246,644,357 |
Fund Ticker | JPME |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Chemours Co. (The) | 0.5 % | |
2. | Olin Corp. | 0.5 | |
3. | Westlake Corp. | 0.5 | |
4. | Corteva, Inc. | 0.4 | |
5. | Vistra Corp. | 0.4 | |
6. | Nucor Corp. | 0.4 | |
7. | Steel Dynamics, Inc. | 0.4 | |
8. | Coterra Energy, Inc. | 0.4 | |
9. | McKesson Corp. | 0.4 | |
10. | Ashland Global Holdings, Inc. | 0.4 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Health Care | 11.4% | |
Industrials | 10.7 | |
Consumer Staples | 10.3 | |
Utilities | 10.3 | |
Technology | 9.8 | |
Basic Materials | 9.5 | |
Real Estate | 9.1 | |
Financials | 8.8 | |
Consumer Discretionary | 7.5 | |
Energy | 5.6 | |
Telecommunications | 3.8 | |
Short-Term Investments | 3.1 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $88.09 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $88.04. |
48 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 49 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | 5 YEAR | SINCE INCEPTION | |||||
JPMorgan Diversified Return U.S. Mid Cap Equity ETF | |||||||||
Net Asset Value | May 11, 2016 | (3.68)% | 3.32% | 10.47% | 11.64% | ||||
Market Price | (3.80)% | 3.21% | 10.45% | 11.63% |
* | Not annualized. |
50 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (9.70)% |
Market Price ** | (9.89)% |
JP Morgan Diversified Factor US Small Cap Equity Index | (9.61)% |
Russell 2000 Index | (18.38)% |
Net Assets as of 4/30/2022 | $200,637,978 |
Fund Ticker | JPSE |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Antero Resources Corp. | 0.4 % | |
2. | CONSOL Energy, Inc. | 0.4 | |
3. | US Silica Holdings, Inc. | 0.4 | |
4. | Lantheus Holdings, Inc. | 0.4 | |
5. | Abercrombie & Fitch Co., Class A | 0.4 | |
6. | CNX Resources Corp. | 0.3 | |
7. | Dillard's, Inc., Class A | 0.3 | |
8. | Southwest Gas Holdings, Inc. | 0.3 | |
9. | PS Business Parks, Inc. | 0.3 | |
10. | Plantronics, Inc. | 0.3 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Technology | 10.6% | |
Industrials | 10.2 | |
Financials | 10.1 | |
Health Care | 9.6 | |
Real Estate | 9.5 | |
Basic Materials | 9.1 | |
Consumer Staples | 8.7 | |
Consumer Discretionary | 7.6 | |
Energy | 6.9 | |
Telecommunications | 5.1 | |
Utilities | 4.9 | |
Short-Term Investments | 7.6 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $40.53 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $40.48. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 51 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
52 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | 5 YEAR | SINCE INCEPTION | |||||
JPMorgan Diversified Return U.S. Small Cap Equity ETF | |||||||||
Net Asset Value | November 15, 2016 | (9.70)% | (4.54)% | 9.70% | 10.52% | ||||
Market Price | (9.89)% | (4.61)% | 9.64% | 10.50% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 53 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (28.18)% |
Market Price ** | (28.56)% |
MSCI ACWI ex USA Growth Index (net total return) | (18.00)% |
Net Assets as of 4/30/2022 | $58,826,196 |
Fund Ticker | JIG |
54 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
TOP TEN POSITIONS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Nestle SA (Registered) (Switzerland) | 4.8 % | |
2. | Taiwan Semiconductor Manufacturing Co. Ltd., ADR (Taiwan) | 4.8 | |
3. | ASML Holding NV (Netherlands) | 4.0 | |
4. | Roche Holding AG (Switzerland) | 3.8 | |
5. | Tencent Holdings Ltd. (China) | 3.7 | |
6. | Novo Nordisk A/S, Class B (Denmark) | 3.7 | |
7. | LVMH Moet Hennessy Louis Vuitton SE (France) | 3.6 | |
8. | Diageo plc (United Kingdom) | 3.4 | |
9. | L'Oreal SA (France) | 2.8 | |
10. | AIA Group Ltd. (Hong Kong) | 2.8 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
United Kingdom | 12.9% | |
Switzerland | 12.2 | |
Japan | 11.1 | |
China | 7.8 | |
Netherlands | 6.7 | |
Denmark | 6.4 | |
France | 6.4 | |
Hong Kong | 5.8 | |
Taiwan | 5.7 | |
Germany | 5.2 | |
Canada | 3.3 | |
Sweden | 3.0 | |
United States | 2.6 | |
Indonesia | 1.7 |
PORTFOLIO COMPOSTION BY COUNTRY AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Singapore | 1.5% | |
Brazil | 1.1 | |
South Africa | 1.0 | |
India | 1.0 | |
Australia | 1.0 | |
South Korea | 0.8 | |
Short-Term Investments | 2.8 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $56.02 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $55.95. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 55 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan International Growth ETF | |||||||
Net Asset Value | May 20, 2020 | (28.18)% | (24.53)% | 4.84% | |||
Market Price | (28.56)% | (24.49)% | 4.77% |
* | Not annualized. |
56 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | 4.83% |
Market Price ** | 4.36% |
JP Morgan US Dividend Index | 4.91% |
Russell 1000 Index | (3.94)% |
Russell 1000 Value Index | (11.29)% |
Net Assets as of 4/30/2022 | $63,927,522 |
Fund Ticker | JDIV |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Valero Energy Corp. | 0.8 % | |
2. | Olin Corp. | 0.7 | |
3. | Dow, Inc. | 0.7 | |
4. | Vistra Corp. | 0.7 | |
5. | Steel Dynamics, Inc. | 0.7 | |
6. | International Paper Co. | 0.7 | |
7. | Southern Co. (The) | 0.7 | |
8. | Bristol-Myers Squibb Co. | 0.6 | |
9. | Archer-Daniels-Midland Co. | 0.6 | |
10. | Kimberly-Clark Corp. | 0.6 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Utilities | 17.9% | |
Consumer Staples | 16.7 | |
Materials | 9.9 | |
Information Technology | 9.3 | |
Health Care | 9.2 | |
Real Estate | 8.1 | |
Financials | 7.3 | |
Industrials | 5.6 | |
Energy | 5.2 | |
Communication Services | 4.6 | |
Consumer Discretionary | 4.1 | |
Short-Term Investments | 1.9 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 57 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $33.65 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $33.53. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
58 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan U.S. Dividend ETF | |||||||
Net Asset Value | November 8, 2017 | 4.83% | 7.15% | 10.69% | |||
Market Price | 4.36% | 6.86% | 10.60% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 59 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | 1.96% |
Market Price ** | 1.82% |
JP Morgan US Minimum Volatility Index | 2.07% |
Russell 1000 Index | (11.29)% |
Net Assets as of 4/30/2022 | $29,607,429 |
Fund Ticker | JMIN |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Microsoft Corp. | 0.7 % | |
2. | Eli Lilly & Co. | 0.7 | |
3. | Johnson & Johnson | 0.7 | |
4. | Bristol-Myers Squibb Co. | 0.7 | |
5. | McKesson Corp. | 0.7 | |
6. | Coterra Energy, Inc. | 0.7 | |
7. | Walmart, Inc. | 0.7 | |
8. | Merck & Co., Inc. | 0.7 | |
9. | Archer-Daniels-Midland Co. | 0.7 | |
10. | Procter & Gamble Co. (The) | 0.7 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Health Care | 21.5% | |
Consumer Staples | 19.9 | |
Utilities | 17.5 | |
Information Technology | 8.0 | |
Materials | 6.0 | |
Real Estate | 5.1 | |
Financials | 5.0 | |
Energy | 4.7 | |
Industrials | 4.5 | |
Consumer Discretionary | 3.7 | |
Communication Services | 3.2 | |
Short-Term Investments | 0.8 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $37.01 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $36.99. |
60 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 61 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan U.S. Minimum Volatility ETF | |||||||
Net Asset Value | November 8, 2017 | 1.96% | 8.12% | 11.54% | |||
Market Price | 1.82% | 8.06% | 11.52% |
* | Not annualized. |
62 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (16.17)% |
Market Price ** | (16.22)% |
JP Morgan US Momentum Factor Index | (16.14)% |
Russell 1000 Index | (17.84)% |
Russell 1000 Growth Index | (11.29)% |
Net Assets as of 4/30/2022 | $244,924,366 |
Fund Ticker | JMOM |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Tesla, Inc. | 2.0 % | |
2. | Apple, Inc. | 2.0 | |
3. | Microsoft Corp. | 2.0 | |
4. | Alphabet, Inc., Class A | 1.8 | |
5. | NVIDIA Corp. | 1.7 | |
6. | Home Depot, Inc. (The) | 1.6 | |
7. | UnitedHealth Group, Inc. | 1.6 | |
8. | Procter & Gamble Co. (The) | 1.5 | |
9. | Berkshire Hathaway, Inc., Class B | 1.4 | |
10. | AbbVie, Inc. | 1.4 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Information Technology | 28.7% | |
Health Care | 14.3 | |
Consumer Discretionary | 12.3 | |
Financials | 11.3 | |
Industrials | 9.8 | |
Consumer Staples | 6.1 | |
Energy | 4.0 | |
Real Estate | 3.5 | |
Communication Services | 3.1 | |
Materials | 3.0 | |
Utilities | 2.3 | |
Short-Term Investments | 1.5 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 63 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $39.83 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $39.78. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
64 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan U.S. Momentum Factor ETF | |||||||
Net Asset Value | November 8, 2017 | (16.17)% | (3.41)% | 12.13% | |||
Market Price | (16.22)% | (3.67)% | 12.10% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 65 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (7.49)% |
Market Price ** | (7.53)% |
JP Morgan US Quality Factor Index | (7.44)% |
Russell 1000 Index | (11.29)% |
Net Assets as of 4/30/2022 | $402,997,978 |
Fund Ticker | JQUA |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | Meta Platforms, Inc., Class A | 2.1 % | |
2. | Apple, Inc. | 2.0 | |
3. | Procter & Gamble Co. (The) | 1.9 | |
4. | Microsoft Corp. | 1.9 | |
5. | Johnson & Johnson | 1.9 | |
6. | Berkshire Hathaway, Inc., Class B | 1.9 | |
7. | Visa, Inc., Class A | 1.8 | |
8. | Alphabet, Inc., Class A | 1.8 | |
9. | Mastercard, Inc., Class A | 1.7 | |
10. | Home Depot, Inc. (The) | 1.5 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Information Technology | 30.7% | |
Health Care | 14.3 | |
Consumer Discretionary | 10.5 | |
Financials | 10.4 | |
Industrials | 8.0 | |
Consumer Staples | 7.2 | |
Communication Services | 6.6 | |
Energy | 4.1 | |
Real Estate | 3.4 | |
Utilities | 2.0 | |
Materials | 1.7 | |
Short-Term Investments | 1.0 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $39.90 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $39.91. |
66 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 67 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan U.S. Quality Factor ETF | |||||||
Net Asset Value | November 8, 2017 | (7.49)% | 2.67% | 12.91% | |||
Market Price | (7.53)% | 2.64% | 12.91% |
* | Not annualized. |
68 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
REPORTING PERIOD RETURN: | |
Net Asset Value * | (5.00)% |
Market Price ** | (5.03)% |
JP Morgan US Value Factor Index | (4.96)% |
Russell 1000 Index | (3.94)% |
Russell 1000 Value Index | (11.29)% |
Net Assets as of 4/30/2022 | $531,443,667 |
Fund Ticker | JVAL |
TOP TEN HOLDINGS OF THE PORTFOLIO AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | ||
1. | UnitedHealth Group, Inc. | 2.1 % | |
2. | Apple, Inc. | 2.0 | |
3. | Microsoft Corp. | 1.8 | |
4. | Johnson & Johnson | 1.8 | |
5. | Exxon Mobil Corp. | 1.8 | |
6. | Alphabet, Inc., Class A | 1.7 | |
7. | Meta Platforms, Inc., Class A | 1.6 | |
8. | Pfizer, Inc. | 1.3 | |
9. | Broadcom, Inc. | 1.2 | |
10. | Walmart, Inc. | 1.1 |
PORTFOLIO COMPOSTION BY SECTOR AS OF April 30, 2022 | PERCENT OF TOTAL INVESTMENTS | |
Information Technology | 23.6% | |
Health Care | 14.4 | |
Industrials | 11.6 | |
Consumer Discretionary | 11.2 | |
Financials | 10.8 | |
Communication Services | 7.1 | |
Consumer Staples | 5.6 | |
Energy | 4.1 | |
Real Estate | 3.4 | |
Materials | 3.2 | |
Utilities | 3.0 | |
Short-Term Investments | 1.8 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 69 |
* | The return shown is based on net asset value and may differ from the return shown in the financial highlights, which reflects adjustments made to the net asset value in accordance with accounting principles generally accepted in the United States of America. The net asset value was $34.85 as of April 30, 2022. |
** | Market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the closing price on the NYSE Arca. As of April 30, 2022, the closing price was $34.83. |
*** | The adviser seeks to achieve the Fund’s objective. There can be no guarantee it will be achieved. |
70 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INCEPTION DATE | SIX MONTHS* | 1 YEAR | SINCE INCEPTION | ||||
JPMorgan U.S. Value Factor ETF | |||||||
Net Asset Value | November 8, 2017 | (5.00)% | (0.02)% | 10.41% | |||
Market Price | (5.03)% | (0.02)% | 10.40% |
* | Not annualized. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 71 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 97.7% | ||
Austria — 0.0% ^ | ||
Erste Group Bank AG | 10,313 | 321,103 |
Brazil — 5.3% | ||
Ambev SA | 517,058 | 1,527,972 |
Atacadao SA | 377,633 | 1,574,251 |
B3 SA - Brasil Bolsa Balcao | 1,809,708 | 4,868,398 |
Banco Bradesco SA (Preference) | 352,302 | 1,287,654 |
Banco BTG Pactual SA * | 71,039 | 333,070 |
Banco do Brasil SA | 153,166 | 1,028,552 |
BB Seguridade Participacoes SA | 134,274 | 685,771 |
Bradespar SA (Preference) | 81,721 | 486,628 |
Caixa Seguridade Participacoes S/A | 155,065 | 244,957 |
EDP - Energias do Brasil SA | 121,311 | 521,908 |
Gerdau SA (Preference) | 83,252 | 475,370 |
Hapvida Participacoes e Investimentos SA (a) | 339,021 | 607,556 |
Itau Unibanco Holding SA (Preference) * | 621,734 | 3,010,611 |
Itausa SA (Preference) | 463,557 | 865,428 |
Localiza Rent a Car SA | 162,362 | 1,749,087 |
Locaweb Servicos de Internet SA * (a) | 193,291 | 282,277 |
Lojas Renner SA * | 326,436 | 1,575,413 |
Magazine Luiza SA * | 577,798 | 577,336 |
MercadoLibre, Inc. * | 4,366 | 4,250,869 |
Petroleo Brasileiro SA, ADR | 343,261 | 4,658,052 |
Porto Seguro SA | 97,256 | 403,467 |
Raia Drogasil SA | 245,658 | 1,039,486 |
Rumo SA | 86,918 | 291,312 |
Sao Martinho SA | 56,154 | 530,311 |
SLC Agricola SA * | 33,614 | 361,708 |
Sul America SA * | 56,933 | 305,511 |
Suzano SA | 80,580 | 814,935 |
TOTVS SA * | 36,328 | 234,106 |
Vale SA, ADR | 130,826 | 2,209,651 |
WEG SA | 169,023 | 1,035,892 |
XP, Inc., Receipts * | 14,335 | 354,290 |
XP, Inc., Class A * | 7,103 | 174,805 |
38,366,634 | ||
Canada — 0.1% | ||
B2Gold Corp. | 83,877 | 355,840 |
Ivanhoe Mines Ltd., Class A * | 26,963 | 216,182 |
572,022 | ||
Chile — 0.3% | ||
Banco Santander Chile | 50,635,613 | 2,436,300 |
INVESTMENTS | SHARES | VALUE($) |
China — 30.8% | ||
Advanced Micro-Fabrication Equipment, Inc., Class A * | 15,883 | 247,944 |
Aier Eye Hospital Group Co. Ltd., Class A | 151,788 | 812,187 |
Alibaba Group Holding Ltd. * | 899,300 | 10,969,382 |
Amoy Diagnostics Co. Ltd., Class A | 16,509 | 112,919 |
Angel Yeast Co. Ltd., Class A | 150,209 | 864,175 |
Anhui Conch Cement Co. Ltd., Class H | 189,000 | 1,027,033 |
Anjoy Foods Group Co. Ltd., Class A | 58,600 | 1,137,112 |
ANTA Sports Products Ltd. | 118,400 | 1,360,711 |
Asymchem Laboratories Tianjin Co. Ltd., Class H * (a) | 9,800 | 211,100 |
Baidu, Inc., Class A * | 9,600 | 153,060 |
Bank of Ningbo Co. Ltd., Class A | 229,340 | 1,242,043 |
Baoshan Iron & Steel Co. Ltd., Class A | 458,000 | 441,886 |
Beijing Kingsoft Office Software, Inc., Class A | 47,757 | 1,345,328 |
Bilibili, Inc., Class Z * | 26,523 | 645,805 |
BOC Hong Kong Holdings Ltd. | 87,000 | 314,928 |
BOE Technology Group Co. Ltd., Class A | 3,568,800 | 2,027,213 |
Bosideng International Holdings Ltd. | 756,000 | 377,071 |
Brilliance China Automotive Holdings Ltd. ‡ * | 16,000 | 7,360 |
BTG Hotels Group Co. Ltd., Class A * | 58,500 | 205,621 |
Budweiser Brewing Co. APAC Ltd. (a) | 799,100 | 1,988,319 |
Centre Testing International Group Co. Ltd., Class A | 8,300 | 27,114 |
Chacha Food Co. Ltd., Class A | 111,600 | 888,071 |
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A | 5,800 | 110,963 |
China Construction Bank Corp., Class H | 10,310,000 | 7,344,836 |
China Hongqiao Group Ltd. | 379,500 | 472,185 |
China Lesso Group Holdings Ltd. | 348,000 | 435,185 |
China Merchants Bank Co. Ltd., Class H | 1,432,000 | 8,631,022 |
China Molybdenum Co. Ltd., Class H | 306,000 | 152,173 |
China Overseas Land & Investment Ltd. | 782,000 | 2,415,817 |
China Pacific Insurance Group Co. Ltd., Class H | 722,800 | 1,602,429 |
China Petroleum & Chemical Corp., Class H | 2,712,000 | 1,327,449 |
China Resources Cement Holdings Ltd. | 326,000 | 270,494 |
China Resources Gas Group Ltd. | 66,000 | 247,988 |
China Resources Land Ltd. | 378,000 | 1,688,229 |
China Resources Mixc Lifestyle Services Ltd. (a) | 423,200 | 2,033,186 |
China State Construction Engineering Corp. Ltd., Class A | 266,700 | 251,046 |
72 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
China — continued | ||
China Vanke Co. Ltd., Class H | 859,600 | 2,026,938 |
China Yangtze Power Co. Ltd., Class A | 459,000 | 1,564,175 |
China Yongda Automobiles Services Holdings Ltd. | 188,500 | 174,792 |
Chongqing Brewery Co. Ltd., Class A * | 134,700 | 2,522,295 |
Chongqing Fuling Zhacai Group Co. Ltd., Class A | 40,300 | 210,389 |
CITIC Securities Co. Ltd., Class H | 472,500 | 1,038,146 |
Contemporary Amperex Technology Co. Ltd., Class A | 37,904 | 2,297,294 |
Country Garden Services Holdings Co. Ltd. | 410,000 | 1,728,060 |
DaShenLin Pharmaceutical Group Co. Ltd., Class A | 55,100 | 217,862 |
East Money Information Co. Ltd., Class A | 89,320 | 301,951 |
ENN Energy Holdings Ltd. | 156,600 | 2,097,669 |
ENN Natural Gas Co. Ltd., Class A | 151,300 | 371,091 |
Fangda Special Steel Technology Co. Ltd., Class A | 436,200 | 547,885 |
Flat Glass Group Co. Ltd., Class H | 56,000 | 200,246 |
Foshan Haitian Flavouring & Food Co. Ltd., Class A | 313,335 | 3,820,213 |
Fuyao Glass Industry Group Co. Ltd., Class H (a) | 459,600 | 1,877,786 |
GF Securities Co. Ltd., Class H | 760,200 | 950,140 |
Gigadevice Semiconductor Beijing, Inc., Class A | 17,400 | 321,049 |
Glodon Co. Ltd., Class A | 26,100 | 179,942 |
Guangdong Haid Group Co. Ltd., Class A | 19,000 | 175,544 |
Guangdong Investment Ltd. | 756,000 | 967,939 |
Guangzhou Automobile Group Co. Ltd., Class H | 780,000 | 661,359 |
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 16,300 | 199,526 |
Haier Smart Home Co. Ltd., Class H | 2,221,400 | 7,847,752 |
Haitong Securities Co. Ltd., Class H | 385,600 | 269,293 |
Hangzhou Robam Appliances Co. Ltd., Class A | 95,800 | 442,340 |
Hangzhou Tigermed Consulting Co. Ltd., Class H (a) | 19,200 | 186,077 |
Hangzhou Tigermed Consulting Co. Ltd., Class A | 56,300 | 750,122 |
Han's Laser Technology Industry Group Co. Ltd., Class A | 130,100 | 537,005 |
Hefei Meiya Optoelectronic Technology, Inc., Class A | 427,748 | 1,449,401 |
Hongfa Technology Co. Ltd., Class A * | 38,400 | 277,731 |
INVESTMENTS | SHARES | VALUE($) |
China — continued | ||
Hualan Biological Engineering, Inc., Class A | 38,200 | 95,297 |
Huatai Securities Co. Ltd., Class H (a) | 313,000 | 430,197 |
Huayu Automotive Systems Co. Ltd., Class A | 417,046 | 1,219,540 |
Huazhu Group Ltd. | 461,400 | 1,452,184 |
Hundsun Technologies, Inc., Class A | 55,400 | 315,761 |
Industrial & Commercial Bank of China Ltd., Class H | 380,000 | 229,067 |
Industrial Bank Co. Ltd., Class A | 476,005 | 1,455,427 |
Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 899,400 | 5,182,591 |
Jade Bird Fire Co. Ltd., Class A | 46,573 | 228,410 |
JD Health International, Inc. * (a) | 86,100 | 536,753 |
JD.com, Inc., Class A * | 84,250 | 2,626,793 |
Jiangsu Expressway Co. Ltd., Class H | 360,000 | 355,672 |
Jiangsu Hengli Hydraulic Co. Ltd., Class A | 130,700 | 896,963 |
Jiangsu Hengrui Medicine Co. Ltd., Class A | 35,680 | 157,588 |
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A | 18,800 | 446,171 |
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 75,400 | 269,568 |
Joyoung Co. Ltd., Class A | 98,000 | 220,923 |
Kanzhun Ltd., ADR * | 29,007 | 682,535 |
Kingdee International Software Group Co. Ltd. * | 766,000 | 1,563,095 |
Kingsoft Corp. Ltd. | 3,000 | 9,003 |
Kunlun Energy Co. Ltd. | 1,460,000 | 1,211,635 |
Kweichow Moutai Co. Ltd., Class A | 6,700 | 1,839,124 |
KWG Group Holdings Ltd. | 941,500 | 336,883 |
Laobaixing Pharmacy Chain JSC, Class A | 16,400 | 79,069 |
Lenovo Group Ltd. | 758,000 | 736,020 |
Li Ning Co. Ltd. | 88,500 | 689,784 |
Livzon Pharmaceutical Group, Inc., Class H | 114,500 | 385,335 |
Longfor Group Holdings Ltd. (a) | 189,500 | 938,515 |
LONGi Green Energy Technology Co. Ltd., Class A | 117,240 | 1,178,934 |
Maxscend Microelectronics Co. Ltd., Class A * | 19,980 | 550,547 |
Meituan * (a) | 347,700 | 7,449,962 |
Midea Group Co. Ltd., Class A | 191,812 | 1,632,147 |
Minth Group Ltd. | 116,000 | 273,320 |
Montage Technology Co. Ltd., Class A | 57,488 | 498,253 |
NARI Technology Co. Ltd., Class A | 284,700 | 1,357,028 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 73 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
China — continued | ||
NetEase, Inc. | 496,000 | 9,501,019 |
NIO, Inc., ADR * | 43,522 | 726,817 |
Oppein Home Group, Inc., Class A | 117,430 | 2,051,037 |
Opple Lighting Co. Ltd., Class A | 61,300 | 147,249 |
Pharmaron Beijing Co. Ltd., Class H (a) | 19,000 | 238,687 |
PICC Property & Casualty Co. Ltd., Class H | 1,134,000 | 1,159,877 |
Pinduoduo, Inc., ADR * | 37,658 | 1,622,683 |
Ping An Bank Co. Ltd., Class A | 1,238,800 | 2,839,080 |
Ping An Insurance Group Co. of China Ltd., Class H | 1,138,000 | 7,192,978 |
Poly Developments and Holdings Group Co. Ltd., Class A | 326,400 | 891,050 |
Postal Savings Bank of China Co. Ltd., Class H (a) | 4,805,000 | 3,643,055 |
Proya Cosmetics Co. Ltd., Class A | 16,200 | 490,217 |
Qingdao Haier Biomedical Co. Ltd., Class A | 42,453 | 411,122 |
Sangfor Technologies, Inc., Class A | 38,100 | 507,116 |
Seazen Holdings Co. Ltd., Class A | 56,500 | 234,979 |
Shanghai Baosight Software Co. Ltd., Class A | 132,349 | 940,117 |
Shanghai Liangxin Electrical Co. Ltd., Class A * | 166,200 | 264,751 |
Shanghai M&G Stationery, Inc., Class A | 20,200 | 145,068 |
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 209,400 | 338,594 |
Shanghai Putailai New Energy Technology Co. Ltd., Class A * | 19,400 | 341,242 |
Shenzhen Inovance Technology Co. Ltd., Class A | 153,700 | 1,320,664 |
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 19,500 | 914,068 |
Shenzhou International Group Holdings Ltd. | 172,000 | 2,333,862 |
Sichuan Swellfun Co. Ltd., Class A | 76,000 | 801,063 |
Silergy Corp. | 27,000 | 2,403,877 |
SITC International Holdings Co. Ltd. | 78,000 | 259,309 |
Skshu Paint Co. Ltd., Class A | 115,040 | 1,277,650 |
StarPower Semiconductor Ltd., Class A | 36,700 | 1,873,331 |
Sunny Optical Technology Group Co. Ltd. | 95,800 | 1,396,178 |
TBEA Co. Ltd., Class A | 246,900 | 711,112 |
Tencent Holdings Ltd. (b) | 477,300 | 22,492,708 |
Tingyi Cayman Islands Holding Corp. | 1,138,000 | 2,077,034 |
Tongwei Co. Ltd., Class A | 213,800 | 1,306,136 |
Topsports International Holdings Ltd. (a) | 1,150,000 | 879,578 |
Trip.com Group Ltd. * | 17,950 | 423,865 |
INVESTMENTS | SHARES | VALUE($) |
China — continued | ||
Wanhua Chemical Group Co. Ltd., Class A | 174,400 | 2,028,882 |
Want Want China Holdings Ltd. | 369,000 | 333,084 |
Will Semiconductor Co. Ltd., Class A | 17,200 | 384,536 |
Wuliangye Yibin Co. Ltd., Class A | 93,300 | 2,260,544 |
Wuxi Biologics Cayman, Inc. * (a) | 590,500 | 4,358,372 |
Xilinmen Furniture Co. Ltd., Class A | 78,500 | 276,921 |
Xinyi Solar Holdings Ltd. | 2,296,000 | 3,412,834 |
XPeng, Inc., Class A * | 16,210 | 201,422 |
Yangzhou Yangjie Electronic Technology Co. Ltd., Class A | 57,800 | 591,003 |
Yonyou Network Technology Co. Ltd., Class A | 56,800 | 161,928 |
Yum China Holdings, Inc. | 59,973 | 2,506,871 |
Yunnan Energy New Material Co. Ltd. * | 35,200 | 1,062,882 |
Zhejiang Chint Electrics Co. Ltd., Class A | 39,800 | 193,253 |
Zhejiang Dingli Machinery Co. Ltd., Class A | 35,700 | 198,462 |
Zhejiang Supor Co. Ltd., Class A | 286,900 | 2,366,424 |
Zhongsheng Group Holdings Ltd. | 94,500 | 624,439 |
Zhuzhou Kibing Group Co. Ltd., Class A | 494,240 | 816,066 |
Zijin Mining Group Co. Ltd., Class H | 840,000 | 1,223,132 |
224,289,718 | ||
Colombia — 0.0% ^ | ||
Ecopetrol SA | 321,293 | 260,249 |
Czech Republic — 0.1% | ||
CEZ A/S | 8,618 | 369,416 |
Komercni Banka A/S | 8,946 | 293,786 |
663,202 | ||
Egypt — 0.1% | ||
Commercial International Bank Egypt SAE | 330,635 | 798,297 |
Ghana — 0.1% | ||
Kosmos Energy Ltd. * | 64,378 | 435,195 |
Greece — 0.2% | ||
Hellenic Telecommunications Organization SA | 37,472 | 720,889 |
OPAP SA | 37,283 | 552,623 |
1,273,512 | ||
Hong Kong — 2.2% | ||
AIA Group Ltd. | 418,000 | 4,106,332 |
ASM Pacific Technology Ltd. | 18,800 | 189,462 |
Hang Seng Bank Ltd. | 56,900 | 1,007,441 |
HKT Trust & HKT Ltd. | 382,000 | 548,148 |
Hong Kong Exchanges & Clearing Ltd. | 114,900 | 4,873,940 |
74 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Hong Kong — continued | ||
Techtronic Industries Co. Ltd. | 187,000 | 2,496,096 |
Vitasoy International Holdings Ltd. (b) | 384,000 | 696,221 |
WH Group Ltd. (a) | 487,577 | 336,721 |
Xinyi Glass Holdings Ltd. | 805,000 | 1,781,313 |
16,035,674 | ||
Hungary — 0.3% | ||
MOL Hungarian Oil & Gas plc | 41,675 | 353,367 |
OTP Bank Nyrt. * | 43,552 | 1,299,132 |
Richter Gedeon Nyrt. | 19,462 | 388,308 |
2,040,807 | ||
India — 11.5% | ||
ACC Ltd. | 23,861 | 721,797 |
Ambuja Cements Ltd. | 177,085 | 856,836 |
Apollo Hospitals Enterprise Ltd. | 19,276 | 1,116,210 |
Asian Paints Ltd. | 11,113 | 468,437 |
AU Small Finance Bank Ltd. * (a) | 34,412 | 619,770 |
Axis Bank Ltd. * | 167,916 | 1,582,868 |
Bajaj Auto Ltd. | 11,096 | 538,558 |
Bharat Electronics Ltd. | 321,487 | 995,011 |
Bharat Petroleum Corp. Ltd. | 109,672 | 516,114 |
Bharti Airtel Ltd. * | 139,981 | 1,343,442 |
Biocon Ltd. * | 61,890 | 296,859 |
Britannia Industries Ltd. | 18,877 | 805,629 |
Colgate-Palmolive India Ltd. | 14,933 | 322,254 |
Cummins India Ltd. | 28,851 | 384,636 |
Eicher Motors Ltd. | 7,242 | 247,056 |
GAIL India Ltd. | 464,142 | 959,533 |
Godrej Properties Ltd. * | 18,317 | 372,550 |
HCL Technologies Ltd. | 71,629 | 1,003,274 |
HDFC Bank Ltd., ADR | 127,000 | 7,011,670 |
HDFC Life Insurance Co. Ltd. (a) | 174,112 | 1,320,188 |
Hero MotoCorp Ltd. | 15,663 | 508,804 |
Hindalco Industries Ltd. | 76,948 | 479,058 |
Hindustan Petroleum Corp. Ltd. | 109,447 | 384,664 |
Hindustan Unilever Ltd. | 96,662 | 2,808,389 |
Housing Development Finance Corp. Ltd. | 351,830 | 10,150,980 |
ICICI Bank Ltd. | 322,969 | 3,104,723 |
Indian Oil Corp. Ltd. | 217,741 | 355,216 |
IndusInd Bank Ltd. | 30,592 | 386,958 |
Infosys Ltd. | 628,770 | 12,743,405 |
ITC Ltd. | 85,004 | 286,499 |
Jubilant Foodworks Ltd. | 60,170 | 424,907 |
Kajaria Ceramics Ltd. | 30,003 | 403,555 |
INVESTMENTS | SHARES | VALUE($) |
India — continued | ||
Kotak Mahindra Bank Ltd. | 184,294 | 4,273,804 |
Larsen & Toubro Ltd. | 75,085 | 1,650,185 |
Maruti Suzuki India Ltd. | 19,329 | 1,935,916 |
Motilal Oswal Financial Services Ltd. | 18,543 | 217,479 |
Oil & Natural Gas Corp. Ltd. | 326,610 | 676,869 |
Petronet LNG Ltd. | 95,481 | 253,087 |
Power Grid Corp. of India Ltd. | 364,414 | 1,079,889 |
Redington India Ltd. | 151,257 | 299,727 |
Reliance Industries Ltd. | 142,667 | 5,169,176 |
Shriram Transport Finance Co. Ltd. | 79,243 | 1,230,916 |
Tata Consultancy Services Ltd. | 183,766 | 8,469,471 |
Tech Mahindra Ltd. | 75,262 | 1,229,189 |
UltraTech Cement Ltd. | 12,390 | 1,067,069 |
United Spirits Ltd. * | 207,450 | 2,325,810 |
UPL Ltd. | 43,201 | 461,258 |
Wipro Ltd. | 32,510 | 213,603 |
84,073,298 | ||
Indonesia — 2.3% | ||
Astra International Tbk. PT | 786,400 | 410,612 |
Bank Central Asia Tbk. PT | 9,548,400 | 5,355,426 |
Bank Mandiri Persero Tbk. PT | 824,500 | 506,272 |
Bank Negara Indonesia Persero Tbk. PT | 608,300 | 384,233 |
Bank Rakyat Indonesia Persero Tbk. PT | 16,236,470 | 5,409,783 |
Charoen Pokphand Indonesia Tbk. PT | 552,500 | 196,273 |
Kalbe Farma Tbk. PT | 1,891,700 | 214,002 |
Telkom Indonesia Persero Tbk. PT | 13,009,000 | 4,145,794 |
Unilever Indonesia Tbk. PT | 634,200 | 169,753 |
United Tractors Tbk. PT | 131,700 | 275,038 |
17,067,186 | ||
Kazakhstan — 0.1% | ||
Kaspi.KZ JSC, GDR (a) | 5,580 | 362,700 |
Macau — 0.1% | ||
Sands China Ltd. * | 227,200 | 500,789 |
Malaysia — 0.5% | ||
CIMB Group Holdings Bhd. | 266,000 | 317,062 |
Hong Leong Bank Bhd. | 56,100 | 269,240 |
IHH Healthcare Bhd. | 132,400 | 199,703 |
Kuala Lumpur Kepong Bhd. | 38,800 | 262,558 |
Malayan Banking Bhd. | 171,300 | 356,273 |
Petronas Chemicals Group Bhd. | 152,300 | 357,530 |
Press Metal Aluminium Holdings Bhd. | 170,400 | 233,605 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 75 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Malaysia — continued | ||
Public Bank Bhd. | 1,185,600 | 1,274,339 |
Tenaga Nasional Bhd. | 152,000 | 315,627 |
3,585,937 | ||
Mexico — 4.4% | ||
America Movil SAB de CV | 2,792,025 | 2,722,725 |
Arca Continental SAB de CV | 69,876 | 444,016 |
Fomento Economico Mexicano SAB de CV | 46,763 | 349,763 |
Gruma SAB de CV, Class B | 27,508 | 327,618 |
Grupo Aeroportuario del Centro Norte SAB de CV | 26,897 | 187,455 |
Grupo Aeroportuario del Pacifico SAB de CV, Class B * | 173,080 | 2,666,449 |
Grupo Aeroportuario del Sureste SAB de CV, Class B | 85,396 | 1,862,212 |
Grupo Financiero Banorte SAB de CV, Class O | 1,135,495 | 7,484,090 |
Grupo Mexico SAB de CV | 423,802 | 1,985,212 |
Kimberly-Clark de Mexico SAB de CV, Class A | 982,332 | 1,367,125 |
Orbia Advance Corp. SAB de CV | 135,395 | 325,508 |
Regional SAB de CV | 85,569 | 516,479 |
Wal-Mart de Mexico SAB de CV | 3,250,284 | 11,520,498 |
31,759,150 | ||
Nigeria — 0.0% ^ | ||
Airtel Africa plc (a) | 92,655 | 169,534 |
Panama — 0.0% ^ | ||
Copa Holdings SA, Class A * | 4,184 | 315,348 |
Peru — 0.2% | ||
Credicorp Ltd. | 12,808 | 1,778,903 |
Philippines — 0.2% | ||
Ayala Corp. | 17,120 | 240,891 |
Ayala Land, Inc. | 399,300 | 243,720 |
Bank of the Philippine Islands | 112,590 | 204,670 |
BDO Unibank, Inc. | 95,750 | 236,605 |
International Container Terminal Services, Inc. | 78,660 | 322,977 |
SM Prime Holdings, Inc. * | 342,000 | 227,961 |
1,476,824 | ||
Poland — 0.5% | ||
Allegro.eu SA * (a) | 101,960 | 524,430 |
Bank Polska Kasa Opieki SA | 23,120 | 508,068 |
Dino Polska SA * (a) | 4,561 | 295,059 |
INVESTMENTS | SHARES | VALUE($) |
Poland — continued | ||
Powszechna Kasa Oszczednosci Bank Polski SA * | 61,663 | 455,107 |
Powszechny Zaklad Ubezpieczen SA | 215,869 | 1,492,463 |
TEN Square Games SA | 5,952 | 208,680 |
3,483,807 | ||
Portugal — 0.2% | ||
Jeronimo Martins SGPS SA | 67,012 | 1,394,964 |
Qatar — 0.5% | ||
Industries Qatar QSC | 163,886 | 845,189 |
Qatar Islamic Bank SAQ | 64,162 | 431,476 |
Qatar National Bank QPSC | 327,373 | 2,090,045 |
3,366,710 | ||
Russia — 0.0% ^ | ||
Gazprom PJSC, ADR ‡ | 580,313 | 64,763 |
Magnitogorsk Iron & Steel Works PJSC, GDR ‡ (a) | 12,378 | 1,869 |
MMC Norilsk Nickel PJSC, ADR ‡ | 22,378 | 10,742 |
Moscow Exchange MICEX-RTS PJSC ‡ | 571,670 | 13,582 |
Rosneft Oil Co. PJSC, GDR ‡ (a) | 141,777 | 13,270 |
Sberbank of Russia PJSC, ADR ‡ | 157,309 | 12,774 |
Severstal PAO, GDR ‡ (a) | 98,048 | 31,375 |
X5 Retail Group NV, GDR ‡ (a) | 13,771 | 3,324 |
151,699 | ||
Saudi Arabia — 2.0% | ||
Al Rajhi Bank | 100,864 | 4,725,088 |
Alinma Bank | 118,238 | 1,296,993 |
Almarai Co. JSC | 42,223 | 581,934 |
Dr. Sulaiman Al Habib Medical Services Group Co. | 9,194 | 487,992 |
Jarir Marketing Co. | 5,701 | 291,125 |
Mouwasat Medical Services Co. | 18,318 | 1,170,233 |
Saudi National Bank (The) | 182,587 | 3,826,993 |
Saudi Tadawul Group Holding Co. * | 10,335 | 557,144 |
Saudi Telecom Co. | 43,708 | 1,344,045 |
14,281,547 | ||
South Africa — 3.0% | ||
African Rainbow Minerals Ltd. | 923 | 15,306 |
Anglo American plc | 9,169 | 406,104 |
AVI Ltd. | 205,153 | 893,359 |
Bid Corp. Ltd. | 67,838 | 1,419,690 |
Bidvest Group Ltd. (The) | 24,276 | 332,790 |
Capitec Bank Holdings Ltd. | 35,316 | 4,929,751 |
Clicks Group Ltd. | 119,948 | 2,360,756 |
76 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
South Africa — continued | ||
FirstRand Ltd. | 760,339 | 3,274,538 |
Foschini Group Ltd. (The) | 2,451 | 21,561 |
Gold Fields Ltd. | 28,076 | 380,418 |
Impala Platinum Holdings Ltd. | 113,682 | 1,470,524 |
Mr Price Group Ltd. | 33,791 | 460,204 |
MTN Group Ltd. | 90,721 | 962,187 |
Naspers Ltd., Class N | 10,734 | 1,082,588 |
Nedbank Group Ltd. | 53,511 | 747,248 |
Sanlam Ltd. | 1,917 | 7,941 |
Sasol Ltd. * | 14,516 | 355,597 |
Shoprite Holdings Ltd. | 60,921 | 879,945 |
Sibanye Stillwater Ltd. | 100,677 | 348,308 |
SPAR Group Ltd. (The) | 37,601 | 393,974 |
Standard Bank Group Ltd. | 785 | 8,319 |
Vodacom Group Ltd. | 134,466 | 1,294,041 |
Woolworths Holdings Ltd. | 5,341 | 19,994 |
22,065,143 | ||
South Korea — 12.7% | ||
AfreecaTV Co. Ltd. | 7,866 | 674,249 |
BGF retail Co. Ltd. | 9,399 | 1,344,439 |
CJ CheilJedang Corp. | 2,850 | 896,242 |
DL E&C Co. Ltd. | 14,514 | 682,626 |
DL Holdings Co. Ltd. | 4,940 | 240,762 |
Dongjin Semichem Co. Ltd. | 15,471 | 455,911 |
E-MART, Inc. | 2,134 | 220,823 |
Green Cross Corp. | 1,329 | 197,265 |
Hana Financial Group, Inc. | 76,722 | 2,848,436 |
Hankook Tire & Technology Co. Ltd. | 35,309 | 969,118 |
Hanon Systems | 72,018 | 644,485 |
HSD Engine Co. Ltd. * | 34,540 | 290,314 |
Hugel, Inc. * | 6,273 | 617,531 |
Hyundai Glovis Co. Ltd. | 5,132 | 840,822 |
Hyundai Mobis Co. Ltd. | 6,914 | 1,124,819 |
Hyundai Motor Co. | 3,422 | 496,490 |
Industrial Bank of Korea | 63,201 | 560,775 |
ISC Co. Ltd. | 18,561 | 517,713 |
JYP Entertainment Corp. | 39,181 | 1,817,688 |
K Car Co. Ltd. | 24,235 | 520,648 |
KakaoBank Corp. * | 9,564 | 316,124 |
Kakaopay Corp. * | 3,422 | 302,688 |
Kangwon Land, Inc. * | 32,643 | 685,977 |
KB Financial Group, Inc. | 24,471 | 1,138,492 |
KCC Corp. | 923 | 246,084 |
Kia Corp. | 78,720 | 5,163,267 |
INVESTMENTS | SHARES | VALUE($) |
South Korea — continued | ||
KIWOOM Securities Co. Ltd. | 10,123 | 755,474 |
Korea Electric Power Corp. * | 25,807 | 470,940 |
Korea Investment Holdings Co. Ltd. | 13,571 | 752,390 |
Korea Zinc Co. Ltd. | 1,149 | 524,562 |
KT&G Corp. | 9,951 | 653,471 |
LG Chem Ltd. | 9,750 | 3,993,262 |
LG Household & Health Care Ltd. | 3,840 | 2,750,134 |
LG Innotek Co. Ltd. | 1,179 | 319,908 |
Lotte Rental Co. Ltd. | 6,493 | 226,546 |
NAVER Corp. | 14,505 | 3,231,120 |
NCSoft Corp. | 5,717 | 1,893,279 |
Pan Ocean Co. Ltd. | 79,106 | 413,521 |
POSCO Holdings, Inc. | 9,184 | 2,096,953 |
Samsung Biologics Co. Ltd. * (a) | 1,692 | 1,116,024 |
Samsung Electro-Mechanics Co. Ltd. | 13,185 | 1,706,604 |
Samsung Electronics Co. Ltd. | 503,860 | 26,852,502 |
Samsung Engineering Co. Ltd. * | 16,980 | 346,444 |
Samsung Securities Co. Ltd. | 13,758 | 429,688 |
Shinhan Financial Group Co. Ltd. | 43,172 | 1,434,373 |
SK Hynix, Inc. | 102,001 | 8,938,156 |
SK IE Technology Co. Ltd. * (a) | 2,857 | 281,424 |
SK Innovation Co. Ltd. * | 7,439 | 1,183,963 |
SK Square Co. Ltd. * | 15,697 | 648,362 |
SK Telecom Co. Ltd. | 24,421 | 1,101,587 |
SK, Inc. | 9,768 | 2,050,715 |
SKC Co. Ltd. | 12,062 | 1,409,778 |
S-Oil Corp. | 25,613 | 2,095,602 |
Wonik Materials Co. Ltd. | 13,973 | 409,992 |
Yuhan Corp. | 5,572 | 268,429 |
Zinus, Inc. | 9,765 | 497,665 |
92,666,656 | ||
Taiwan — 16.4% | ||
Accton Technology Corp. | 221,000 | 1,723,772 |
Advantech Co. Ltd. | 155,000 | 1,926,752 |
ASE Technology Holding Co. Ltd. | 544,000 | 1,735,558 |
ASMedia Technology, Inc. | 15,000 | 705,974 |
ASPEED Technology, Inc. | 24,000 | 2,107,999 |
AU Optronics Corp. | 360,000 | 205,628 |
Cathay Financial Holding Co. Ltd. | 1,122,000 | 2,359,075 |
Chailease Holding Co. Ltd. | 745,900 | 5,927,525 |
Chicony Electronics Co. Ltd. * | 58,000 | 161,334 |
China Development Financial Holding Corp. | 3,595,000 | 2,167,938 |
Delta Electronics, Inc. | 378,000 | 3,155,387 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 77 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Taiwan — continued | ||
E Ink Holdings, Inc. | 393,000 | 2,246,905 |
Eclat Textile Co. Ltd. | 190,000 | 3,117,619 |
eMemory Technology, Inc. | 10,000 | 420,269 |
Formosa Plastics Corp. | 378,000 | 1,343,807 |
Fubon Financial Holding Co. Ltd. | 1,510,000 | 3,791,485 |
Genius Electronic Optical Co. Ltd. | 40,000 | 503,540 |
Giant Manufacturing Co. Ltd. | 183,000 | 1,529,969 |
Global Unichip Corp. | 185,000 | 2,533,419 |
Hon Hai Precision Industry Co. Ltd. | 357,000 | 1,223,111 |
Lite-On Technology Corp. | 189,000 | 414,100 |
Lotes Co. Ltd. | 63,000 | 1,540,732 |
Makalot Industrial Co. Ltd. | 159,000 | 978,101 |
MediaTek, Inc. | 162,000 | 4,466,016 |
Mega Financial Holding Co. Ltd. | 380,000 | 534,207 |
Micro-Star International Co. Ltd. | 206,000 | 831,845 |
momo.com, Inc. | 4,600 | 121,427 |
Nan Ya Printed Circuit Board Corp. | 88,000 | 1,168,856 |
Nanya Technology Corp. | 413,000 | 903,738 |
Nien Made Enterprise Co. Ltd. | 160,000 | 1,685,176 |
Novatek Microelectronics Corp. | 210,000 | 2,778,000 |
President Chain Store Corp. | 181,000 | 1,674,727 |
Quanta Computer, Inc. | 745,000 | 2,098,298 |
Realtek Semiconductor Corp. | 214,000 | 2,903,876 |
RichWave Technology Corp. | 44,000 | 295,205 |
Sea Ltd., ADR * | 12,808 | 1,059,990 |
Silicon Motion Technology Corp., ADR | 4,957 | 376,385 |
Sinbon Electronics Co. Ltd. | 165,000 | 1,449,289 |
Taishin Financial Holding Co. Ltd. | 1,313,000 | 858,849 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 2,280,000 | 41,228,463 |
Taiwan Union Technology Corp. | 65,000 | 167,842 |
Unimicron Technology Corp. | 218,000 | 1,529,081 |
Uni-President Enterprises Corp. | 573,000 | 1,325,704 |
United Microelectronics Corp. | 1,160,000 | 1,842,763 |
Vanguard International Semiconductor Corp. | 756,000 | 2,660,015 |
Visual Photonics Epitaxy Co. Ltd. | 366,000 | 1,050,312 |
Win Semiconductors Corp. | 63,000 | 410,055 |
Wiwynn Corp. | 85,000 | 2,906,630 |
Yuanta Financial Holding Co. Ltd. | 1,690,000 | 1,487,527 |
119,634,275 | ||
Tanzania, United Republic of — 0.0% ^ | ||
AngloGold Ashanti Ltd. | 12,632 | 258,679 |
INVESTMENTS | SHARES | VALUE($) |
Thailand — 1.6% | ||
Advanced Info Service PCL | 94,800 | 592,700 |
Airports of Thailand PCL * | 380,200 | 734,725 |
Bangkok Dusit Medical Services PCL, Class F | 589,200 | 439,570 |
BTS Group Holdings PCL | 723,200 | 189,093 |
Central Retail Corp. PCL * | 190,600 | 217,806 |
CP ALL PCL | 285,200 | 541,255 |
Delta Electronics Thailand PCL | 700 | 7,330 |
Energy Absolute PCL, NVDR | 78,600 | 201,656 |
Gulf Energy Development PCL | 190,400 | 268,588 |
Indorama Ventures PCL, NVDR | 132,600 | 173,643 |
Minor International PCL * | 323,000 | 326,420 |
PTT Exploration & Production PCL | 766,900 | 3,355,504 |
PTT Global Chemical PCL | 133,100 | 192,970 |
PTT PCL | 532,300 | 578,518 |
SCB X PCL | 356,800 | 1,198,015 |
Siam Cement PCL (The) (Registered) | 171,200 | 1,840,049 |
Thai Oil PCL | 247,200 | 404,475 |
11,262,317 | ||
Turkey — 0.2% | ||
BIM Birlesik Magazalar A/S | 125,509 | 705,121 |
D-MARKET Elektronik Hizmetler ve Ticaret A/S, ADR * | 4,762 | 7,619 |
Ford Otomotiv Sanayi A/S | 28,657 | 576,875 |
1,289,615 | ||
United Arab Emirates — 0.7% | ||
Aldar Properties PJSC | 493,932 | 756,802 |
Emaar Properties PJSC | 1,082,433 | 1,867,037 |
Fertiglobe plc | 445,620 | 672,957 |
First Abu Dhabi Bank PJSC | 287,720 | 1,757,786 |
5,054,582 | ||
United Kingdom — 0.1% | ||
HSBC Holdings plc | 33,200 | 208,266 |
Prudential plc | 11,093 | 138,091 |
346,357 | ||
United States — 0.9% | ||
EPAM Systems, Inc. * | 7,442 | 1,972,056 |
Globant SA * | 8,436 | 1,822,092 |
JS Global Lifestyle Co. Ltd. (a) | 883,500 | 1,048,104 |
NeoImmuneTech, Inc., Receipts * | 3,367 | 18,956 |
Parade Technologies Ltd. | 42,000 | 1,997,378 |
6,858,586 |
78 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Zambia — 0.1% | ||
First Quantum Minerals Ltd. | 22,758 | 652,456 |
Total Common Stocks (Cost $823,873,143) | 711,349,775 | |
NO. OF WARRANTS | ||
Warrants — 0.0% ^ | ||
Thailand — 0.0% ^ | ||
BTS Group Holdings PCL | ||
expiring 9/5/2022, price 9.90 THB * | 12,385 | 130 |
expiring 11/7/2024, price 11.90 THB * | 24,870 | 385 |
expiring 11/20/2026, price 14.90 THB * | 49,740 | 712 |
Total Warrants (Cost $—) | 1,227 | |
SHARES | ||
Short-Term Investments — 2.0% | ||
Investment Companies — 2.0% | ||
JPMorgan Prime Money Market Fund Class IM Shares, 0.42% (c) (d)(Cost $14,334,650) | 14,330,817 | 14,335,116 |
Investment of Cash Collateral from Securities Loaned — 0.0% ^ | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d)(Cost $368,660) | 368,660 | 368,660 |
Total Short-Term Investments (Cost $14,703,310) | 14,703,776 | |
Total Investments — 99.7% (Cost $838,576,453) | 726,054,778 | |
Other Assets Less Liabilities — 0.3% | 2,127,062 | |
NET ASSETS — 100.0% | 728,181,840 | |
Percentages indicated are based on net assets. |
Abbreviations | |
ADR | American Depositary Receipt |
APAC | Asia Pacific |
GDR | Global Depositary Receipt |
JSC | Joint Stock Company |
NVDR | Non-Voting Depositary Receipt |
PJSC | Public Joint Stock Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
PT | Limited liability company |
RTS | Russian Trading System |
SGPS | Holding company |
THB | Thai Baht |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(b) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $345,193. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 79 |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Banks | 15.0% |
Semiconductors & Semiconductor Equipment | 12.7 |
Technology Hardware, Storage & Peripherals | 5.0 |
Internet & Direct Marketing Retail | 4.0 |
IT Services | 3.8 |
Interactive Media & Services | 3.7 |
Insurance | 3.7 |
Food & Staples Retailing | 3.5 |
Food Products | 3.2 |
Oil, Gas & Consumable Fuels | 3.1 |
Electronic Equipment, Instruments & Components | 2.6 |
Household Durables | 2.4 |
Metals & Mining | 2.4 |
Capital Markets | 2.3 |
Chemicals | 2.3 |
Real Estate Management & Development | 2.1 |
Entertainment | 2.1 |
Beverages | 2.1 |
Automobiles | 1.7 |
Diversified Financial Services | 1.5 |
Thrifts & Mortgage Finance | 1.4 |
Textiles, Apparel & Luxury Goods | 1.2 |
Wireless Telecommunication Services | 1.2 |
Hotels, Restaurants & Leisure | 1.1 |
Machinery | 1.0 |
Diversified Telecommunication Services | 1.0 |
Transportation Infrastructure | 1.0 |
Others (each less than 1.0%) | 10.9 |
Short-Term Investments | 2.0 |
80 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 97.2% | ||
Australia — 5.3% | ||
Australia & New Zealand Banking Group Ltd. | 2,915 | 55,470 |
BHP Group Ltd. | 14,419 | 481,817 |
Commonwealth Bank of Australia | 1,125 | 81,769 |
CSL Ltd. | 243 | 46,377 |
Glencore plc * | 15,037 | 92,653 |
Goodman Group, REIT | 2,703 | 44,988 |
GPT Group (The), REIT | 7,546 | 26,825 |
IDP Education Ltd. | 1,692 | 31,389 |
Macquarie Group Ltd. | 281 | 40,454 |
National Australia Bank Ltd. | 4,658 | 106,336 |
Rio Tinto Ltd. | 794 | 62,808 |
Rio Tinto plc | 2,332 | 164,770 |
South32 Ltd. | 8,587 | 28,598 |
Wesfarmers Ltd. | 421 | 14,568 |
Westpac Banking Corp. | 4,094 | 68,534 |
1,347,356 | ||
Austria — 0.5% | ||
BAWAG Group AG * (a) | 354 | 16,809 |
Erste Group Bank AG | 1,087 | 33,845 |
OMV AG | 930 | 47,539 |
Wienerberger AG | 713 | 20,127 |
118,320 | ||
Belgium — 0.8% | ||
Ageas SA | 379 | 18,136 |
Bekaert SA | 771 | 28,580 |
D'ieteren Group | 87 | 13,965 |
KBC Group NV | 2,080 | 141,506 |
202,187 | ||
Brazil — 0.1% | ||
MercadoLibre, Inc. * | 20 | 19,473 |
Canada — 0.6% | ||
Canadian National Railway Co. | 589 | 69,269 |
Toronto-Dominion Bank (The) | 1,228 | 88,698 |
157,967 | ||
China — 0.9% | ||
Alibaba Group Holding Ltd. * | 3,504 | 42,741 |
BOC Hong Kong Holdings Ltd. | 12,500 | 45,248 |
Prosus NV * | 359 | 17,314 |
Tencent Holdings Ltd. | 2,270 | 106,973 |
Yangzijiang Shipbuilding Holdings Ltd. | 34,200 | 22,313 |
234,589 |
INVESTMENTS | SHARES | VALUE($) |
Denmark — 4.2% | ||
AP Moller - Maersk A/S, Class B | 10 | 28,942 |
Carlsberg A/S, Class B | 726 | 92,226 |
Coloplast A/S, Class B | 707 | 95,253 |
Genmab A/S * | 236 | 82,988 |
Matas A/S | 1,569 | 21,840 |
Novo Nordisk A/S, Class B | 5,149 | 588,151 |
Orsted A/S (a) | 608 | 67,263 |
Solar A/S, Class B | 268 | 31,783 |
Spar Nord Bank A/S | 1,807 | 22,943 |
Sydbank A/S | 306 | 10,518 |
Vestas Wind Systems A/S | 288 | 7,344 |
1,049,251 | ||
Finland — 0.9% | ||
Elisa OYJ | 541 | 31,714 |
Kone OYJ, Class B | 1,395 | 67,068 |
Nokia OYJ * | 5,079 | 25,751 |
Nordea Bank Abp | 8,715 | 86,889 |
Outokumpu OYJ | 1,778 | 8,729 |
Valmet OYJ | 645 | 17,274 |
237,425 | ||
France — 11.0% | ||
Air Liquide SA | 666 | 115,224 |
Airbus SE | 277 | 30,324 |
AXA SA | 5,072 | 134,180 |
BNP Paribas SA (b) | 3,196 | 165,717 |
Capgemini SE | 1,273 | 259,156 |
Carrefour SA | 1,861 | 39,467 |
Cie de Saint-Gobain | 745 | 43,462 |
Credit Agricole SA | 1,147 | 12,385 |
Dassault Systemes SE | 328 | 14,506 |
Eiffage SA | 314 | 31,007 |
EssilorLuxottica SA | 94 | 16,003 |
IPSOS | 605 | 29,125 |
Kering SA | 154 | 81,939 |
L'Oreal SA | 881 | 320,517 |
LVMH Moet Hennessy Louis Vuitton SE | 733 | 474,350 |
Metropole Television SA | 1,374 | 25,497 |
Orange SA | 3,703 | 44,086 |
Pernod Ricard SA | 535 | 110,416 |
Publicis Groupe SA | 643 | 38,604 |
Safran SA | 1,097 | 117,816 |
Sanofi | 447 | 47,246 |
Societe Generale SA | 1,729 | 41,555 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 81 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
France — continued | ||
Technip Energies NV * | 1,471 | 17,875 |
TotalEnergies SE | 7,426 | 364,639 |
Veolia Environnement SA | 1,377 | 40,176 |
Vinci SA | 1,632 | 158,359 |
2,773,631 | ||
Germany — 8.0% | ||
adidas AG | 780 | 157,294 |
Allianz SE (Registered) | 1,509 | 340,482 |
Aurubis AG | 256 | 29,092 |
BASF SE * | 452 | 23,804 |
Bayer AG (Registered) * | 1,178 | 77,596 |
Bayerische Motoren Werke AG | 540 | 44,100 |
Covestro AG (a) | 216 | 9,300 |
Daimler Truck Holding AG * | 1,006 | 27,056 |
Deutsche Boerse AG | 417 | 72,597 |
Deutsche Post AG (Registered) | 2,723 | 116,333 |
Deutsche Telekom AG (Registered) | 7,189 | 132,430 |
E.ON SE | 992 | 10,324 |
Infineon Technologies AG | 1,407 | 39,935 |
Kloeckner & Co. SE * | 1,716 | 22,105 |
Mercedes-Benz Group AG * | 1,265 | 88,299 |
Merck KGaA | 212 | 39,332 |
Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 517 | 123,119 |
RWE AG | 3,283 | 136,308 |
SAP SE | 431 | 43,680 |
Sartorius AG (Preference) | 57 | 21,371 |
Siemens AG (Registered) | 1,262 | 155,169 |
Symrise AG | 837 | 99,598 |
Volkswagen AG (Preference) | 958 | 148,362 |
Vonovia SE * | 847 | 33,745 |
Zalando SE * (a) | 847 | 33,326 |
2,024,757 | ||
Hong Kong — 2.2% | ||
AIA Group Ltd. | 30,800 | 302,572 |
CK Asset Holdings Ltd. | 3,500 | 23,727 |
CLP Holdings Ltd. | 2,500 | 24,396 |
Hong Kong Exchanges & Clearing Ltd. | 4,200 | 178,159 |
Hongkong Land Holdings Ltd. | 5,600 | 26,124 |
554,978 | ||
India — 0.5% | ||
HDFC Bank Ltd., ADR | 2,101 | 115,996 |
INVESTMENTS | SHARES | VALUE($) |
Indonesia — 0.2% | ||
Bank Central Asia Tbk. PT | 90,500 | 50,759 |
Ireland — 0.1% | ||
Kingspan Group plc | 352 | 32,767 |
Italy — 1.0% | ||
Assicurazioni Generali SpA | 2,102 | 39,797 |
Azimut Holding SpA | 1,051 | 22,309 |
Enel SpA | 3,362 | 21,863 |
Eni SpA | 3,931 | 54,951 |
FinecoBank Banca Fineco SpA | 1,466 | 20,379 |
Intesa Sanpaolo SpA | 18,647 | 37,997 |
Pirelli & C SpA (a) | 5,521 | 27,362 |
UniCredit SpA | 3,477 | 32,180 |
256,838 | ||
Japan — 18.3% | ||
AGC, Inc. | 1,100 | 41,238 |
Asahi Group Holdings Ltd. | 1,300 | 49,001 |
Asahi Kasei Corp. | 1,500 | 12,307 |
Bridgestone Corp. | 1,800 | 65,977 |
Brother Industries Ltd. | 1,500 | 26,069 |
Central Japan Railway Co. | 200 | 25,177 |
Cosmo Energy Holdings Co. Ltd. | 1,300 | 32,298 |
Dai-ichi Life Holdings, Inc. | 2,600 | 52,062 |
Daiichi Sankyo Co. Ltd. | 1,100 | 27,697 |
Daikin Industries Ltd. | 800 | 122,254 |
Daiwa House Industry Co. Ltd. | 400 | 9,616 |
Daiwa Securities Group, Inc. | 5,200 | 25,486 |
Dentsu Group, Inc. | 1,200 | 43,250 |
FANUC Corp. | 100 | 15,323 |
Fuyo General Lease Co. Ltd. | 400 | 21,642 |
Hitachi Ltd. | 1,700 | 80,625 |
Honda Motor Co. Ltd. | 3,100 | 81,541 |
Hoya Corp. | 2,000 | 198,484 |
Isuzu Motors Ltd. | 3,100 | 36,164 |
ITOCHU Corp. | 2,800 | 84,507 |
Japan Post Holdings Co. Ltd. | 4,000 | 28,047 |
Japan Post Insurance Co. Ltd. | 2,300 | 37,191 |
Kao Corp. | 300 | 12,024 |
KDDI Corp. | 3,000 | 99,344 |
Keyence Corp. | 700 | 281,403 |
Konami Holdings Corp. | 200 | 12,299 |
Kubota Corp. | 3,000 | 50,966 |
Kyowa Kirin Co. Ltd. | 4,200 | 88,522 |
Makita Corp. | 1,700 | 50,247 |
82 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — continued | ||
Mitsubishi Chemical Holdings Corp. | 5,500 | 33,537 |
Mitsubishi Corp. | 3,200 | 107,442 |
Mitsubishi UFJ Financial Group, Inc. | 25,100 | 145,916 |
Mitsui & Co. Ltd. | 2,900 | 70,226 |
Mitsui Fudosan Co. Ltd. | 2,900 | 61,462 |
Mizuho Financial Group, Inc. | 4,400 | 53,428 |
MS&AD Insurance Group Holdings, Inc. | 1,100 | 32,744 |
Murata Manufacturing Co. Ltd. | 400 | 23,843 |
Nidec Corp. | 700 | 45,254 |
Nintendo Co. Ltd. | 100 | 45,639 |
NIPPON EXPRESS HOLDINGS, Inc. | 300 | 17,589 |
Nippon Telegraph & Telephone Corp. | 4,000 | 117,877 |
Nitori Holdings Co. Ltd. | 100 | 10,288 |
Nomura Holdings, Inc. | 2,400 | 9,241 |
Nomura Real Estate Holdings, Inc. | 1,400 | 34,112 |
Nomura Research Institute Ltd. | 300 | 8,483 |
Ono Pharmaceutical Co. Ltd. | 1,400 | 35,967 |
ORIX Corp. | 4,700 | 85,723 |
Recruit Holdings Co. Ltd. | 1,800 | 65,307 |
Rohm Co. Ltd. | 100 | 6,986 |
Ryohin Keikaku Co. Ltd. | 500 | 4,494 |
SBI Holdings, Inc. | 1,200 | 26,841 |
Sekisui House Ltd. | 2,700 | 46,893 |
Seven & i Holdings Co. Ltd. | 600 | 26,530 |
Shimano, Inc. | 300 | 53,155 |
Shin-Etsu Chemical Co. Ltd. | 700 | 96,204 |
Shionogi & Co. Ltd. | 600 | 33,376 |
SMC Corp. | 200 | 96,844 |
SoftBank Corp. | 5,700 | 66,336 |
SoftBank Group Corp. | 600 | 24,678 |
Sojitz Corp. | 2,120 | 32,327 |
Sompo Holdings, Inc. | 800 | 32,568 |
Sony Group Corp. | 3,800 | 327,944 |
Sumitomo Corp. | 2,700 | 42,724 |
Sumitomo Metal Mining Co. Ltd. | 500 | 21,928 |
Sumitomo Mitsui Financial Group, Inc. | 3,400 | 102,727 |
Sumitomo Mitsui Trust Holdings, Inc. | 1,700 | 52,764 |
Suzuki Motor Corp. | 500 | 15,073 |
Sysmex Corp. | 400 | 26,239 |
T&D Holdings, Inc. | 4,400 | 56,542 |
Takeda Pharmaceutical Co. Ltd. | 2,600 | 75,443 |
Terumo Corp. | 500 | 14,883 |
Tokio Marine Holdings, Inc. | 1,300 | 70,289 |
Tokyo Electron Ltd. | 500 | 210,973 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
Toyota Motor Corp. | 18,400 | 315,260 |
Yamato Holdings Co. Ltd. | 1,200 | 22,454 |
4,617,314 | ||
Luxembourg — 0.1% | ||
ArcelorMittal SA | 1,168 | 34,056 |
Malta — 0.0% ^ | ||
Kindred Group plc, SDR | 1,086 | 9,521 |
Netherlands — 6.4% | ||
ABN AMRO Bank NV, CVA (a) | 737 | 9,162 |
Adyen NV * (a) | 81 | 135,861 |
Aegon NV | 2,742 | 14,216 |
Akzo Nobel NV | 247 | 21,426 |
Argenx SE * | 111 | 31,980 |
ASM International NV | 70 | 21,035 |
ASML Holding NV | 947 | 537,459 |
ASR Nederland NV | 754 | 34,268 |
Heijmans NV, CVA | 1,725 | 23,691 |
ING Groep NV | 9,652 | 91,445 |
Koninklijke Ahold Delhaize NV | 3,036 | 89,550 |
Koninklijke DSM NV | 175 | 29,419 |
Koninklijke KPN NV | 9,709 | 33,502 |
NN Group NV | 1,808 | 88,559 |
Randstad NV | 389 | 20,570 |
Shell plc | 12,973 | 348,272 |
Signify NV (a) | 381 | 16,119 |
Wolters Kluwer NV | 674 | 68,062 |
1,614,596 | ||
Norway — 0.9% | ||
DNB Bank ASA | 1,794 | 34,763 |
Equinor ASA | 2,831 | 95,687 |
Norsk Hydro ASA | 4,600 | 38,629 |
SpareBank 1 Nord Norge | 2,902 | 30,909 |
SpareBank 1 SMN | 1,798 | 25,194 |
225,182 | ||
Singapore — 1.5% | ||
DBS Group Holdings Ltd. | 11,500 | 278,997 |
Oversea-Chinese Banking Corp. Ltd. | 6,200 | 55,047 |
United Overseas Bank Ltd. | 1,800 | 38,531 |
Yangzijiang Financial Holding Pte. Ltd. * | 34,200 | 13,478 |
386,053 | ||
South Africa — 0.9% | ||
Anglo American plc | 4,968 | 220,038 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 83 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
South Korea — 0.9% | ||
Delivery Hero SE * (a) | 1,042 | 36,629 |
Samsung Electronics Co. Ltd., GDR (a) | 144 | 188,102 |
224,731 | ||
Spain — 1.9% | ||
Banco Bilbao Vizcaya Argentaria SA | 13,520 | 70,943 |
Banco Santander SA | 17,074 | 49,896 |
CaixaBank SA | 8,091 | 26,117 |
Endesa SA | 1,294 | 27,119 |
Iberdrola SA | 16,985 | 195,171 |
Industria de Diseno Textil SA | 1,643 | 34,449 |
Repsol SA | 3,130 | 46,693 |
Telefonica SA | 7,030 | 34,199 |
484,587 | ||
Sweden — 2.9% | ||
Assa Abloy AB, Class B | 4,021 | 101,619 |
Atlas Copco AB, Class A | 3,965 | 179,761 |
Boliden AB | 1,489 | 64,565 |
Inwido AB | 1,455 | 20,088 |
Loomis AB | 923 | 22,997 |
Lundin Energy AB (b) | 2,117 | 87,529 |
Securitas AB, Class B | 1,831 | 21,618 |
Skandinaviska Enskilda Banken AB, Class A | 2,286 | 25,636 |
Skanska AB, Class B | 1,099 | 20,993 |
SKF AB, Class B | 1,112 | 18,162 |
SSAB AB, Class B (b) | 3,611 | 21,235 |
Svenska Handelsbanken AB, Class A | 7,031 | 70,917 |
Volvo AB, Class B | 5,492 | 87,616 |
742,736 | ||
Switzerland — 11.2% | ||
ABB Ltd. (Registered) | 816 | 24,482 |
Adecco Group AG (Registered) | 379 | 14,626 |
Cie Financiere Richemont SA (Registered) | 370 | 42,991 |
Givaudan SA (Registered) | 12 | 47,694 |
Julius Baer Group Ltd. | 787 | 37,609 |
Lonza Group AG (Registered) | 368 | 216,985 |
Nestle SA (Registered) | 6,181 | 797,930 |
Novartis AG (Registered) | 3,832 | 338,631 |
Partners Group Holding AG | 34 | 36,023 |
Roche Holding AG | 1,723 | 638,913 |
SGS SA (Registered) | 43 | 110,489 |
Sika AG (Registered) | 226 | 69,034 |
Straumann Holding AG (Registered) | 450 | 53,051 |
Swiss Life Holding AG (Registered) | 74 | 43,269 |
INVESTMENTS | SHARES | VALUE($) |
Switzerland — continued | ||
Swisscom AG (Registered) | 58 | 34,295 |
UBS Group AG (Registered) | 8,010 | 135,983 |
Zurich Insurance Group AG | 385 | 175,279 |
2,817,284 | ||
Taiwan — 0.7% | ||
Sea Ltd., ADR * | 663 | 54,870 |
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 1,380 | 128,243 |
183,113 | ||
United Kingdom — 12.1% | ||
3i Group plc | 5,811 | 95,098 |
Allfunds Group plc | 1,845 | 15,816 |
Ashtead Group plc | 561 | 29,008 |
AstraZeneca plc | 1,235 | 164,800 |
Aviva plc | 1,616 | 8,670 |
Barclays plc | 33,138 | 60,912 |
Barratt Developments plc | 1,818 | 11,123 |
Berkeley Group Holdings plc * | 1,208 | 61,266 |
BP plc | 46,909 | 226,467 |
British American Tobacco plc | 1,285 | 53,857 |
BT Group plc | 11,314 | 25,090 |
Centrica plc * | 37,771 | 37,423 |
CK Hutchison Holdings Ltd. | 3,500 | 24,563 |
DCC plc | 514 | 38,945 |
Diageo plc | 9,442 | 471,050 |
Drax Group plc | 3,036 | 30,681 |
HSBC Holdings plc | 23,456 | 146,580 |
InterContinental Hotels Group plc | 524 | 33,452 |
Intertek Group plc | 904 | 56,333 |
Investec plc | 1,947 | 11,468 |
Land Securities Group plc, REIT | 3,088 | 28,961 |
Legal & General Group plc | 18,465 | 57,557 |
Linde plc | 748 | 234,601 |
Lloyds Banking Group plc | 181,567 | 103,123 |
London Stock Exchange Group plc | 994 | 98,000 |
Man Group plc | 8,713 | 25,394 |
Marks & Spencer Group plc * | 11,914 | 20,339 |
Morgan Sindall Group plc | 862 | 23,241 |
NatWest Group plc | 9,102 | 24,419 |
Next plc | 187 | 14,006 |
OSB Group plc | 3,983 | 27,803 |
Oxford Nanopore Technologies plc * | 1,265 | 4,817 |
Persimmon plc | 1,764 | 45,942 |
Prudential plc | 3,625 | 45,126 |
84 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United Kingdom — continued | ||
Reach plc | 4,292 | 8,775 |
Reckitt Benckiser Group plc | 791 | 61,687 |
RELX plc | 10,278 | 306,187 |
Smith & Nephew plc | 1,664 | 26,971 |
SSE plc | 1,291 | 29,985 |
Standard Chartered plc | 7,832 | 53,542 |
Taylor Wimpey plc | 8,971 | 14,109 |
Tesco plc | 22,060 | 74,945 |
Unilever plc | 1,241 | 57,694 |
Vodafone Group plc | 21,036 | 31,848 |
WPP plc | 3,427 | 42,717 |
3,064,391 | ||
United States — 3.1% | ||
Ferguson plc | 1,412 | 177,134 |
GlaxoSmithKline plc | 10,534 | 237,464 |
Schneider Electric SE | 1,878 | 269,435 |
Stellantis NV | 6,739 | 90,475 |
774,508 | ||
Total Common Stocks (Cost $27,713,962) | 24,574,404 | |
Short-Term Investments — 2.4% | ||
Investment Companies — 1.8% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d)(Cost $450,008) | 450,008 | 450,008 |
Investment of Cash Collateral from Securities Loaned — 0.6% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d)(Cost $152,324) | 152,324 | 152,324 |
Total Short-Term Investments (Cost $602,332) | 602,332 |
INVESTMENTS | SHARES | VALUE($) |
Total Investments — 99.6% (Cost $28,316,294) | 25,176,736 | |
Other Assets Less Liabilities — 0.4% | 98,709 | |
NET ASSETS — 100.0% | 25,275,445 | |
Percentages indicated are based on net assets. |
Abbreviations | |
ADR | American Depositary Receipt |
CVA | Dutch Certification |
GDR | Global Depositary Receipt |
OYJ | Public Limited Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
PT | Limited liability company |
REIT | Real Estate Investment Trust |
SDR | Swedish Depositary Receipt |
^ | Amount rounds to less than 0.1% of net assets. | |
* | Non-income producing security. | |
(a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(b) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $144,797. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 85 |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Banks | 11.0% |
Pharmaceuticals | 9.4 |
Insurance | 6.8 |
Metals & Mining | 5.2 |
Oil, Gas & Consumable Fuels | 5.1 |
Semiconductors & Semiconductor Equipment | 3.7 |
Capital Markets | 3.5 |
Automobiles | 3.3 |
Food Products | 3.2 |
Chemicals | 3.2 |
Textiles, Apparel & Luxury Goods | 3.1 |
Beverages | 2.9 |
Professional Services | 2.6 |
Machinery | 2.6 |
Trading Companies & Distributors | 2.3 |
Household Durables | 2.0 |
Health Care Equipment & Supplies | 1.8 |
Diversified Telecommunication Services | 1.7 |
Personal Products | 1.6 |
IT Services | 1.5 |
Electric Utilities | 1.5 |
Electrical Equipment | 1.5 |
Building Products | 1.5 |
Electronic Equipment, Instruments & Components | 1.2 |
Industrial Conglomerates | 1.2 |
Construction & Engineering | 1.0 |
Food & Staples Retailing | 1.0 |
Others (each less than 1.0%) | 12.2 |
Short-Term Investments | 2.4 |
86 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.5% | ||
Aerospace & Defense — 0.4% | ||
CAE, Inc. * (a) | 1,056,916 | 25,134,304 |
Airlines — 0.3% | ||
Air Canada * (a) | 1,121,224 | 19,637,676 |
Auto Components — 0.9% | ||
Magna International, Inc. | 923,662 | 55,664,899 |
Banks — 25.2% | ||
Bank of Montreal (a) | 2,222,550 | 235,654,486 |
Bank of Nova Scotia (The) | 4,015,758 | 254,296,434 |
Canadian Imperial Bank of Commerce | 1,502,935 | 166,151,737 |
National Bank of Canada | 1,127,809 | 78,766,219 |
Royal Bank of Canada | 4,738,473 | 478,587,064 |
Toronto-Dominion Bank (The) | 6,083,933 | 439,441,204 |
1,652,897,144 | ||
Capital Markets — 4.5% | ||
Brookfield Asset Management, Inc., Class A | 4,867,695 | 242,806,909 |
CI Financial Corp. | 596,812 | 7,781,576 |
IGM Financial, Inc. (a) | 271,708 | 8,610,308 |
Onex Corp. (a) | 246,006 | 14,781,616 |
TMX Group Ltd. (a) | 186,418 | 18,979,185 |
292,959,594 | ||
Chemicals — 2.8% | ||
Nutrien Ltd. | 1,838,142 | 180,630,558 |
Commercial Services & Supplies — 2.4% | ||
GFL Environmental, Inc. (a) | 478,597 | 14,417,705 |
Ritchie Bros Auctioneers, Inc. | 369,008 | 20,325,385 |
Waste Connections, Inc. (a) | 867,840 | 119,726,994 |
154,470,084 | ||
Construction & Engineering — 0.6% | ||
SNC-Lavalin Group, Inc. (a) | 585,345 | 13,017,792 |
WSP Global, Inc. | 247,685 | 28,885,819 |
41,903,611 | ||
Containers & Packaging — 0.3% | ||
CCL Industries, Inc., Class B | 493,943 | 21,535,630 |
Diversified Telecommunication Services — 1.4% | ||
BCE, Inc. (a) | 1,000,194 | 53,176,546 |
TELUS Corp. | 1,507,876 | 37,724,777 |
90,901,323 | ||
Electric Utilities — 2.2% | ||
Emera, Inc. (a) | 870,469 | 42,031,053 |
INVESTMENTS | SHARES | VALUE($) |
Electric Utilities — continued | ||
Fortis, Inc. (a) | 1,583,301 | 77,042,109 |
Hydro One Ltd. (a) (b) | 1,017,248 | 27,500,894 |
146,574,056 | ||
Equity Real Estate Investment Trusts (REITs) — 0.4% | ||
Canadian Apartment Properties | 283,313 | 11,097,427 |
H&R (a) | 471,246 | 4,688,066 |
RioCan | 505,315 | 9,440,361 |
25,225,854 | ||
Food & Staples Retailing — 4.0% | ||
Alimentation Couche-Tard, Inc. | 2,771,513 | 123,382,111 |
Empire Co. Ltd., Class A | 551,796 | 18,224,967 |
George Weston Ltd. | 234,995 | 29,235,123 |
Loblaw Cos. Ltd. | 544,913 | 49,844,492 |
Metro, Inc. | 804,747 | 44,232,426 |
264,919,119 | ||
Food Products — 0.3% | ||
Saputo, Inc. | 802,901 | 17,162,388 |
Gas Utilities — 0.3% | ||
AltaGas Ltd. (a) | 934,482 | 21,371,643 |
Hotels, Restaurants & Leisure — 0.9% | ||
Restaurant Brands International, Inc. | 1,031,427 | 58,923,775 |
Independent Power and Renewable Electricity Producers — 0.2% | ||
Brookfield Renewable Corp. | 424,911 | 15,257,965 |
Insurance — 6.9% | ||
Fairfax Financial Holdings Ltd. (a) | 83,306 | 45,773,718 |
Great-West Lifeco, Inc. (a) | 899,952 | 24,827,228 |
iA Financial Corp., Inc. | 358,862 | 18,763,679 |
Intact Financial Corp. | 587,112 | 82,135,810 |
Manulife Financial Corp. | 6,477,479 | 126,660,392 |
Power Corp. of Canada | 1,906,747 | 56,104,804 |
Sun Life Financial, Inc. | 1,953,969 | 97,207,924 |
451,473,555 | ||
IT Services — 3.5% | ||
CGI, Inc. * | 723,254 | 57,673,405 |
Nuvei Corp. * (b) | 214,490 | 11,994,677 |
Shopify, Inc., Class A * | 380,097 | 162,592,694 |
232,260,776 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 87 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Media — 0.9% | ||
Quebecor, Inc., Class B (a) | 541,062 | 12,732,109 |
Shaw Communications, Inc., Class B | 1,494,160 | 44,499,717 |
57,231,826 | ||
Metals & Mining — 8.5% | ||
Agnico Eagle Mines Ltd. (a) | 1,516,321 | 88,265,663 |
Barrick Gold Corp. | 5,932,740 | 132,310,747 |
First Quantum Minerals Ltd. | 1,843,590 | 52,854,411 |
Franco-Nevada Corp. | 637,960 | 96,479,873 |
Ivanhoe Mines Ltd., Class A * (a) | 1,855,341 | 14,875,657 |
Kinross Gold Corp. (a) | 4,366,186 | 22,057,795 |
Lundin Mining Corp. | 2,132,044 | 19,467,463 |
Teck Resources Ltd., Class B | 1,562,229 | 61,630,612 |
Wheaton Precious Metals Corp. (a) | 1,503,297 | 67,380,097 |
555,322,318 | ||
Multiline Retail — 1.2% | ||
Canadian Tire Corp. Ltd., Class A | 188,136 | 25,914,191 |
Dollarama, Inc. | 927,507 | 51,564,667 |
77,478,858 | ||
Multi-Utilities — 0.7% | ||
Algonquin Power & Utilities Corp. (a) | 2,240,226 | 32,435,452 |
Canadian Utilities Ltd., Class A (a) | 394,013 | 11,845,080 |
44,280,532 | ||
Oil, Gas & Consumable Fuels — 17.9% | ||
Cameco Corp. | 1,327,985 | 34,288,921 |
Canadian Natural Resources Ltd. | 3,892,223 | 240,898,806 |
Cenovus Energy, Inc. | 4,203,524 | 77,712,758 |
Enbridge, Inc. | 6,755,775 | 294,810,841 |
Imperial Oil Ltd. (a) | 723,483 | 36,426,171 |
Keyera Corp. (a) | 736,955 | 18,282,611 |
Pembina Pipeline Corp. | 1,833,946 | 69,394,866 |
Suncor Energy, Inc. | 4,807,612 | 172,821,797 |
TC Energy Corp. | 3,270,289 | 172,977,961 |
Tourmaline Oil Corp. | 1,025,939 | 52,836,278 |
1,170,451,010 | ||
Pharmaceuticals — 0.4% | ||
Bausch Health Cos., Inc. * | 959,183 | 18,225,709 |
Canopy Growth Corp. * (a) | 826,271 | 4,766,020 |
22,991,729 | ||
Professional Services — 0.8% | ||
Thomson Reuters Corp. | 551,058 | 55,095,076 |
INVESTMENTS | SHARES | VALUE($) |
Real Estate Management & Development — 0.3% | ||
FirstService Corp. | 130,595 | 16,283,585 |
Road & Rail — 7.4% | ||
Canadian National Railway Co. | 2,011,359 | 236,543,897 |
Canadian Pacific Railway Ltd. | 3,099,714 | 226,738,897 |
TFI International, Inc. | 270,377 | 21,749,706 |
485,032,500 | ||
Software — 2.4% | ||
BlackBerry Ltd. * (a) | 1,724,755 | 9,868,018 |
Constellation Software, Inc. | 65,701 | 103,404,726 |
Lightspeed Commerce, Inc. * | 445,311 | 9,952,033 |
Open Text Corp. | 903,604 | 36,189,176 |
159,413,953 | ||
Textiles, Apparel & Luxury Goods — 0.3% | ||
Gildan Activewear, Inc. | 641,936 | 21,751,819 |
Trading Companies & Distributors — 0.2% | ||
Finning International, Inc. | 525,915 | 14,795,133 |
Wireless Telecommunication Services — 1.0% | ||
Rogers Communications, Inc., Class B | 1,168,519 | 63,653,882 |
Total Common Stocks (Cost $5,175,314,258) | 6,512,686,175 | |
Short Term Investments — 7.3% | ||
Investment of Cash Collateral from Securities Loaned — 7.3% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (c) (d) | 221,169,116 | 221,014,297 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 257,252,232 | 257,252,232 |
Total Investment of Cash Collateral from Securities Loaned (Cost $478,272,533) | 478,266,529 | |
Total Investments — 106.8% (Cost $5,653,586,791) | 6,990,952,704 | |
Liabilities in Excess of Other Assets — (6.8)% | (444,258,203) | |
NET ASSETS — 100.0% | 6,546,694,501 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $440,727,186. |
88 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(d) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
S&P / TSX 60 Index | 154 | 06/16/2022 | CAD | 30,005,215 | (1,128,590) |
Abbreviations | |
CAD | Canadian Dollar |
TSX | Toronto Stock Exchange |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 89 |
(formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.6% | ||
Australia — 63.6% | ||
Alumina Ltd. | 5,261,776 | 6,624,558 |
Ampol Ltd. | 533,489 | 12,542,982 |
APA Group | 2,641,439 | 21,224,293 |
Aristocrat Leisure Ltd. | 1,499,091 | 34,782,419 |
ASX Ltd. | 433,403 | 26,203,404 |
Aurizon Holdings Ltd. | 4,120,801 | 11,637,621 |
Australia & New Zealand Banking Group Ltd. | 6,303,464 | 119,949,823 |
Bendigo & Adelaide Bank Ltd. | 1,255,511 | 9,360,869 |
BHP Group Ltd. | 11,333,069 | 378,699,396 |
BlueScope Steel Ltd. | 1,097,440 | 15,600,764 |
Boral Ltd. (a) | 740,848 | 1,848,141 |
Brambles Ltd. | 3,211,724 | 23,716,394 |
Challenger Ltd. | 1,290,484 | 6,529,272 |
Cochlear Ltd. | 147,251 | 23,717,342 |
Coles Group Ltd. | 2,989,277 | 39,304,989 |
Commonwealth Bank of Australia | 3,820,115 | 277,659,385 |
Computershare Ltd. | 1,283,995 | 22,636,927 |
Crown Resorts Ltd. * | 803,459 | 7,274,642 |
CSL Ltd. | 1,071,778 | 204,549,097 |
Dexus, REIT | 2,407,877 | 18,826,162 |
Domino's Pizza Enterprises Ltd. | 141,452 | 7,415,077 |
Endeavour Group Ltd. | 2,846,733 | 15,583,188 |
Evolution Mining Ltd. | 4,103,572 | 11,611,479 |
Fortescue Metals Group Ltd. | 3,791,099 | 57,295,171 |
Goodman Group, REIT | 3,805,991 | 63,346,515 |
GPT Group (The), REIT | 4,288,420 | 15,244,844 |
Harvey Norman Holdings Ltd. | 1,450,513 | 5,166,822 |
IDP Education Ltd. | 467,335 | 8,669,721 |
Incitec Pivot Ltd. | 4,348,077 | 11,726,856 |
Insurance Australia Group Ltd. | 5,518,642 | 17,622,630 |
LendLease Corp. Ltd. | 1,542,039 | 13,209,666 |
Macquarie Group Ltd. | 807,344 | 116,227,731 |
Magellan Financial Group Ltd. | 324,291 | 3,668,711 |
Medibank Pvt Ltd. | 6,165,412 | 13,854,568 |
Mirvac Group, REIT | 8,826,487 | 14,917,572 |
National Australia Bank Ltd. | 7,257,215 | 165,672,753 |
Newcrest Mining Ltd. | 2,001,196 | 37,581,170 |
Northern Star Resources Ltd. | 2,607,225 | 17,921,518 |
Orica Ltd. | 915,254 | 10,517,024 |
Origin Energy Ltd. | 3,942,839 | 18,859,191 |
Qantas Airways Ltd. * | 2,068,930 | 8,016,742 |
QBE Insurance Group Ltd. | 3,305,483 | 28,517,344 |
Ramsay Health Care Ltd. | 415,044 | 23,552,609 |
REA Group Ltd. | 115,351 | 10,334,062 |
INVESTMENTS | SHARES | VALUE($) |
Australia — continued | ||
Reece Ltd. | 636,315 | 7,730,977 |
Rio Tinto Ltd. | 831,045 | 65,738,898 |
Santos Ltd. | 6,824,100 | 38,133,549 |
Scentre Group, REIT | 11,619,747 | 24,209,894 |
SEEK Ltd. | 792,324 | 15,525,898 |
Seven Group Holdings Ltd. | 349,691 | 4,878,860 |
Sonic Healthcare Ltd. | 1,073,974 | 27,736,703 |
South32 Ltd. | 10,409,843 | 34,668,290 |
Stockland, REIT | 5,344,184 | 15,468,367 |
Suncorp Group Ltd. | 2,826,605 | 22,694,786 |
Tabcorp Holdings Ltd. | 4,982,856 | 19,055,534 |
Telstra Corp. Ltd. | 9,205,398 | 26,130,895 |
TPG Telecom Ltd. | 832,505 | 3,412,672 |
Transurban Group | 6,872,510 | 69,011,093 |
Treasury Wine Estates Ltd. | 1,616,008 | 12,785,351 |
Vicinity Centres, REIT | 8,662,537 | 11,303,002 |
Washington H Soul Pattinson & Co. Ltd. (a) | 549,354 | 10,704,780 |
Wesfarmers Ltd. | 2,538,338 | 87,834,339 |
Westpac Banking Corp. | 7,838,007 | 131,208,173 |
WiseTech Global Ltd. | 365,276 | 11,324,584 |
Woodside Petroleum Ltd. | 2,170,724 | 47,226,475 |
Woolworths Group Ltd. | 2,713,262 | 73,402,053 |
Worley Ltd. | 832,341 | 8,094,532 |
2,727,501,149 | ||
China — 2.4% | ||
Budweiser Brewing Co. APAC Ltd. (b) | 3,854,300 | 9,590,259 |
ESR Cayman Ltd. * (b) | 5,905,800 | 17,927,696 |
Wilmar International Ltd. | 7,055,600 | 22,491,091 |
Wuxi Biologics Cayman, Inc. * (b) | 7,266,500 | 53,632,704 |
103,641,750 | ||
Hong Kong — 18.9% | ||
AIA Group Ltd. | 27,082,400 | 266,050,986 |
CK Asset Holdings Ltd. | 4,404,500 | 29,858,728 |
CK Infrastructure Holdings Ltd. | 1,297,500 | 8,723,628 |
CLP Holdings Ltd. | 3,733,000 | 36,428,024 |
Dairy Farm International Holdings Ltd. | 666,300 | 1,799,574 |
Hang Lung Properties Ltd. | 4,130,000 | 7,898,919 |
Hang Seng Bank Ltd. (a) | 1,626,400 | 28,796,172 |
Henderson Land Development Co. Ltd. | 2,926,700 | 11,835,623 |
HK Electric Investments & HK Electric Investments Ltd. (b) | 5,143,000 | 5,079,425 |
HKT Trust & HKT Ltd. | 8,141,000 | 11,681,873 |
Hong Kong & China Gas Co. Ltd. | 24,228,789 | 26,722,433 |
Hong Kong Exchanges & Clearing Ltd. | 2,668,000 | 113,173,827 |
90 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Hong Kong — continued | ||
Jardine Matheson Holdings Ltd. | 565,500 | 30,045,015 |
Link, REIT | 4,724,100 | 40,805,760 |
MTR Corp. Ltd. | 3,466,500 | 18,417,885 |
New World Development Co. Ltd. | 3,155,250 | 12,068,178 |
Power Assets Holdings Ltd. | 3,058,000 | 20,595,807 |
Sino Land Co. Ltd. | 7,160,000 | 9,463,965 |
Sun Hung Kai Properties Ltd. | 3,438,500 | 39,601,518 |
Swire Pacific Ltd., Class B | 2,002,500 | 1,887,986 |
Swire Pacific Ltd., Class A | 1,114,500 | 6,348,091 |
Swire Properties Ltd. | 2,357,400 | 5,649,643 |
Techtronic Industries Co. Ltd. | 3,860,500 | 51,530,362 |
WH Group Ltd. (b) | 17,521,191 | 12,100,129 |
Wharf Real Estate Investment Co. Ltd. | 3,467,000 | 16,338,474 |
812,902,025 | ||
Macau — 0.9% | ||
Galaxy Entertainment Group Ltd. | 4,489,000 | 25,614,996 |
Sands China Ltd. * | 5,435,379 | 11,980,530 |
37,595,526 | ||
New Zealand — 2.0% | ||
a2 Milk Co. Ltd. (The) * | 1,664,832 | 5,275,339 |
Auckland International Airport Ltd. * | 2,703,399 | 13,579,190 |
Contact Energy Ltd. | 1,744,183 | 9,163,266 |
Fisher & Paykel Healthcare Corp. Ltd. | 1,292,008 | 17,754,933 |
Fletcher Building Ltd. | 1,811,725 | 7,217,043 |
Mercury NZ Ltd. | 1,402,906 | 5,439,152 |
Meridian Energy Ltd. | 2,709,939 | 8,224,824 |
Ryman Healthcare Ltd. (a) | 940,258 | 5,564,700 |
Spark New Zealand Ltd. | 4,185,094 | 13,236,168 |
85,454,615 | ||
Singapore — 10.1% | ||
Ascendas, REIT | 7,518,328 | 15,468,806 |
CapitaLand Integrated Commercial Trust, REIT | 11,391,932 | 19,088,233 |
Capitaland Investment Ltd. * | 5,582,500 | 16,927,270 |
City Developments Ltd. | 1,055,700 | 6,472,623 |
DBS Group Holdings Ltd. | 4,027,500 | 97,709,699 |
Frasers Property Ltd. | 1,845,700 | 1,454,726 |
Genting Singapore Ltd. * | 12,694,500 | 7,370,320 |
Great Eastern Holdings Ltd. | 127,200 | 1,871,109 |
Jardine Cycle & Carriage Ltd. | 221,200 | 4,610,341 |
Keppel Corp. Ltd. | 3,216,000 | 15,860,677 |
Mapletree Commercial Trust, REIT | 4,908,900 | 6,602,091 |
Olam Group Ltd. | 1,982,800 | 2,423,032 |
INVESTMENTS | SHARES | VALUE($) |
Singapore — continued | ||
Oversea-Chinese Banking Corp. Ltd. | 8,950,200 | 79,465,149 |
SATS Ltd. * | 1,509,900 | 4,929,938 |
Singapore Airlines Ltd. * | 2,989,500 | 11,783,602 |
Singapore Exchange Ltd. | 1,842,300 | 12,963,062 |
Singapore Technologies Engineering Ltd. | 3,417,700 | 10,065,514 |
Singapore Telecommunications Ltd. | 15,891,200 | 31,715,578 |
United Overseas Bank Ltd. | 3,443,700 | 73,716,719 |
UOL Group Ltd. * | 1,058,500 | 5,561,927 |
Venture Corp. Ltd. | 604,900 | 7,425,709 |
433,486,125 | ||
United Kingdom — 1.0% | ||
CK Hutchison Holdings Ltd. | 6,009,000 | 42,170,723 |
United States — 0.7% | ||
James Hardie Industries plc, CHDI | 996,954 | 28,740,458 |
JS Global Lifestyle Co. Ltd. (b) | 1,877,500 | 2,227,296 |
30,967,754 | ||
Total Common Stocks (Cost $4,178,595,820) | 4,273,719,667 | |
Short-Term Investments — 0.3% | ||
Investment of Cash Collateral from Securities Loaned — 0.3% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (c) (d) | 954,795 | 954,127 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 9,907,352 | 9,907,352 |
Total Investment of Cash Collateral from Securities Loaned (Cost $10,861,861) | 10,861,479 | |
Total Investments — 99.9% (Cost $4,189,457,681) | 4,284,581,146 | |
Other Assets Less Liabilities — 0.1% | 5,945,880 | |
NET ASSETS — 100.0% | 4,290,527,026 | |
Percentages indicated are based on net assets. |
Abbreviations | |
APAC | Asia Pacific |
CHDI | Clearing House Electronic Subregister System (CHESS) Depository Interest |
REIT | Real Estate Investment Trust |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $7,721,703. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 91 |
(formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(d) | The rate shown is the current yield as of April 30, 2022. |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Banks | 23.1% |
Metals & Mining | 14.6 |
Insurance | 8.1 |
Capital Markets | 6.3 |
Equity Real Estate Investment Trusts (REITs) | 5.9 |
Biotechnology | 4.8 |
Real Estate Management & Development | 4.6 |
Food & Staples Retailing | 3.1 |
Hotels, Restaurants & Leisure | 2.7 |
Oil, Gas & Consumable Fuels | 2.5 |
Electric Utilities | 2.4 |
Industrial Conglomerates | 2.2 |
Multiline Retail | 2.1 |
Transportation Infrastructure | 2.0 |
Diversified Telecommunication Services | 2.0 |
Health Care Providers & Services | 1.3 |
Life Sciences Tools & Services | 1.3 |
Machinery | 1.2 |
Gas Utilities | 1.1 |
Health Care Equipment & Supplies | 1.0 |
Others (each less than 1.0%) | 7.4 |
Short-Term Investments | 0.3 |
92 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
MSCI Singapore Index | 246 | 05/30/2022 | SGD | 5,500,958 | 35,171 |
SPI 200 Index | 82 | 06/16/2022 | AUD | 10,582,211 | 259,650 |
294,821 |
Abbreviations | |
AUD | Australian Dollar |
MSCI | Morgan Stanley Capital International |
SGD | Singapore Dollar |
SPI | Australian Securities Exchange |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 93 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.1% | ||
Australia — 1.4% | ||
Glencore plc * | 10,337,412 | 63,695,688 |
Rio Tinto plc | 1,002,508 | 70,833,373 |
134,529,061 | ||
Austria — 0.5% | ||
ANDRITZ AG | 67,809 | 2,882,635 |
BAWAG Group AG * (a) | 65,673 | 3,118,407 |
Erste Group Bank AG | 320,860 | 9,990,223 |
EVN AG | 35,601 | 906,270 |
Mondi plc | 458,889 | 8,620,673 |
OMV AG | 136,120 | 6,958,133 |
Raiffeisen Bank International AG (b) | 127,485 | 1,451,202 |
Strabag SE | 13,654 | 533,680 |
Telekom Austria AG * | 131,280 | 935,992 |
Verbund AG * (b) | 64,366 | 6,880,037 |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 33,781 | 837,939 |
voestalpine AG | 104,621 | 2,722,539 |
45,837,730 | ||
Belgium — 1.5% | ||
Ackermans & van Haaren NV | 21,173 | 3,774,642 |
Ageas SA | 171,478 | 8,205,490 |
Anheuser-Busch InBev SA (b) | 820,736 | 47,224,750 |
D'ieteren Group | 22,523 | 3,615,227 |
Elia Group SA/NV | 31,856 | 5,070,786 |
Etablissements Franz Colruyt NV (b) | 54,317 | 1,994,565 |
Groupe Bruxelles Lambert SA | 97,553 | 9,205,149 |
KBC Group NV | 319,105 | 21,709,310 |
Proximus SADP | 146,964 | 2,568,683 |
Sofina SA (b) | 14,912 | 4,569,887 |
Solvay SA | 68,966 | 6,485,371 |
Telenet Group Holding NV | 45,070 | 1,343,195 |
UCB SA | 119,505 | 13,584,454 |
Umicore SA (b) | 188,576 | 7,249,514 |
Warehouses De Pauw CVA, REIT | 132,775 | 5,107,880 |
141,708,903 | ||
Brazil — 0.1% | ||
Yara International ASA | 149,319 | 7,592,609 |
Chile — 0.1% | ||
Antofagasta plc | 326,033 | 6,241,545 |
China — 0.4% | ||
Prosus NV * | 822,988 | 39,691,612 |
INVESTMENTS | SHARES | VALUE($) |
Colombia — 0.0% ^ | ||
Millicom International Cellular SA, SDR * (b) | 96,228 | 2,169,436 |
Denmark — 4.1% | ||
AP Moller - Maersk A/S, Class A | 2,846 | 8,056,003 |
AP Moller - Maersk A/S, Class B | 5,562 | 16,097,692 |
Carlsberg A/S, Class B | 94,828 | 12,046,307 |
Chr Hansen Holding A/S | 97,187 | 7,571,812 |
Coloplast A/S, Class B | 112,309 | 15,131,243 |
Danske Bank A/S | 643,661 | 9,873,017 |
Demant A/S * | 95,301 | 4,187,863 |
DSV A/S | 201,865 | 33,096,118 |
Genmab A/S * | 62,077 | 21,828,859 |
GN Store Nord A/S (b) | 130,616 | 4,901,959 |
Novo Nordisk A/S, Class B | 1,557,711 | 177,931,547 |
Novozymes A/S, Class B | 198,487 | 13,836,440 |
Orsted A/S (a) (b) | 178,810 | 19,781,840 |
Pandora A/S | 94,484 | 8,296,306 |
ROCKWOOL A/S, Class A | 5,597 | 1,554,184 |
ROCKWOOL A/S, Class B | 6,552 | 1,832,465 |
Tryg A/S | 340,165 | 8,088,146 |
Vestas Wind Systems A/S | 954,200 | 24,333,061 |
388,444,862 | ||
Finland — 2.0% | ||
Elisa OYJ | 142,240 | 8,338,308 |
Fortum OYJ | 411,382 | 6,839,579 |
Huhtamaki OYJ | 90,715 | 3,429,052 |
Kesko OYJ, Class A | 88,856 | 2,086,471 |
Kesko OYJ, Class B | 258,058 | 6,496,988 |
Kone OYJ, Class B | 381,121 | 18,323,418 |
Konecranes OYJ | 60,654 | 1,704,604 |
Metso Outotec OYJ | 665,890 | 5,670,026 |
Neste OYJ | 407,061 | 17,466,507 |
Nokia OYJ * | 5,113,524 | 25,925,926 |
Nokian Renkaat OYJ | 119,494 | 1,604,634 |
Nordea Bank Abp | 3,268,781 | 32,590,023 |
Orion OYJ, Class A | 28,509 | 1,155,271 |
Orion OYJ, Class B (b) | 100,471 | 3,940,726 |
Sampo OYJ, Class A | 476,514 | 23,138,311 |
Stora Enso OYJ, Class A (b) | 48,370 | 997,596 |
Stora Enso OYJ, Class R | 578,620 | 11,386,952 |
UPM-Kymmene OYJ | 504,387 | 17,447,900 |
Wartsila OYJ Abp | 458,535 | 3,681,964 |
192,224,256 |
94 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
France — 15.1% | ||
Adevinta ASA * | 385,598 | 2,978,909 |
Aeroports de Paris * | 24,366 | 3,446,569 |
Air Liquide SA | 449,166 | 77,709,484 |
Airbus SE | 579,413 | 63,429,445 |
Alstom SA | 278,683 | 6,125,565 |
Amundi SA (a) | 57,650 | 3,466,495 |
Arkema SA | 60,356 | 6,877,225 |
AXA SA (b) | 1,945,057 | 51,456,556 |
BioMerieux | 44,819 | 4,266,853 |
BNP Paribas SA (b) | 1,073,161 | 55,644,889 |
Bollore SE | 863,421 | 4,029,091 |
Bouygues SA (b) | 206,106 | 7,086,595 |
Bureau Veritas SA | 273,627 | 7,860,403 |
Capgemini SE | 151,430 | 30,827,975 |
Carrefour SA | 586,549 | 12,439,275 |
Cie de Saint-Gobain | 495,202 | 28,889,191 |
Cie Generale des Etablissements Michelin SCA | 168,710 | 20,896,421 |
CNP Assurances (b) | 136,319 | 2,995,543 |
Covivio, REIT (b) | 44,761 | 3,187,769 |
Credit Agricole SA | 1,324,046 | 14,297,139 |
Danone SA | 649,889 | 39,299,591 |
Dassault Aviation SA | 22,101 | 3,708,660 |
Dassault Systemes SE | 655,389 | 28,984,159 |
Edenred | 235,784 | 11,841,582 |
Eiffage SA | 76,021 | 7,506,977 |
Electricite de France SA | 529,680 | 4,815,345 |
Engie SA | 1,679,996 | 19,824,757 |
EssilorLuxottica SA | 284,281 | 48,398,220 |
Gecina SA, REIT | 51,380 | 5,787,863 |
Getlink SE | 410,582 | 7,513,286 |
Hermes International | 32,912 | 40,582,385 |
Ipsen SA | 37,965 | 3,935,596 |
Kering SA | 69,505 | 36,981,690 |
Legrand SA | 252,702 | 22,392,981 |
L'Oreal SA | 222,702 | 81,021,207 |
LVMH Moet Hennessy Louis Vuitton SE | 252,778 | 163,581,571 |
Orange SA | 1,784,610 | 21,246,485 |
Pernod Ricard SA | 190,536 | 39,323,624 |
Publicis Groupe SA | 222,805 | 13,376,480 |
Safran SA | 330,971 | 35,545,772 |
Sanofi (b) | 1,086,466 | 114,833,951 |
Sartorius Stedim Biotech | 22,718 | 7,433,988 |
SEB SA | 31,398 | 3,770,500 |
Societe Generale SA | 735,741 | 17,682,834 |
INVESTMENTS | SHARES | VALUE($) |
France — continued | ||
Sodexo SA | 77,995 | 5,867,218 |
Teleperformance | 55,560 | 19,941,096 |
Thales SA | 100,834 | 12,909,270 |
TotalEnergies SE (b) | 2,318,079 | 113,824,574 |
Unibail-Rodamco-Westfield, REIT * | 110,014 | 7,764,234 |
Veolia Environnement SA | 621,553 | 18,134,784 |
Vinci SA (b) | 487,396 | 47,293,913 |
Vivendi SE (b) | 764,742 | 8,783,505 |
Worldline SA * (a) | 235,811 | 9,277,794 |
1,431,097,284 | ||
Germany — 11.4% | ||
adidas AG | 168,839 | 34,047,939 |
Allianz SE (Registered) | 385,940 | 87,081,233 |
Aroundtown SA | 915,064 | 4,601,429 |
BASF SE * | 868,020 | 45,712,507 |
Bayer AG (Registered) * | 928,439 | 61,157,247 |
Bayerische Motoren Werke AG | 301,590 | 24,629,585 |
Bayerische Motoren Werke AG (Preference) | 54,462 | 4,012,138 |
Beiersdorf AG | 92,804 | 9,321,279 |
Brenntag SE | 145,926 | 11,260,155 |
Carl Zeiss Meditec AG | 34,633 | 4,350,065 |
Commerzbank AG * | 934,912 | 6,103,409 |
Continental AG * | 101,995 | 6,990,850 |
Covestro AG (a) | 182,486 | 7,857,035 |
Deutsche Bank AG (Registered) * | 1,953,102 | 19,529,718 |
Deutsche Boerse AG | 179,532 | 31,255,545 |
Deutsche Lufthansa AG (Registered) * | 564,870 | 4,202,392 |
Deutsche Post AG (Registered) | 936,687 | 40,017,600 |
Deutsche Telekom AG (Registered) | 3,204,154 | 59,024,232 |
Deutsche Wohnen SE | 45,345 | 1,298,671 |
E.ON SE | 2,121,621 | 22,079,626 |
Evonik Industries AG | 180,641 | 4,724,916 |
Fresenius Medical Care AG & Co. KGaA | 188,219 | 11,704,749 |
Fresenius SE & Co. KGaA | 390,554 | 13,805,282 |
GEA Group AG | 155,142 | 6,039,129 |
Hannover Rueck SE | 56,996 | 8,858,925 |
HeidelbergCement AG | 134,956 | 7,774,467 |
Henkel AG & Co. KGaA | 93,267 | 5,918,831 |
Henkel AG & Co. KGaA (Preference) | 168,326 | 10,808,434 |
Infineon Technologies AG | 1,234,083 | 35,027,250 |
KION Group AG | 68,227 | 3,795,192 |
Mercedes-Benz Group AG * | 788,577 | 55,043,627 |
Merck KGaA | 122,054 | 22,644,361 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 95 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Germany — continued | ||
MTU Aero Engines AG * | 50,503 | 10,184,722 |
Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 132,432 | 31,537,448 |
Porsche Automobil Holding SE (Preference) | 144,684 | 11,933,526 |
Puma SE | 96,887 | 7,128,812 |
RWE AG | 638,920 | 26,527,568 |
SAP SE | 1,033,117 | 104,702,281 |
Sartorius AG (Preference) | 23,299 | 8,735,483 |
Siemens AG (Registered) | 755,000 | 92,831,021 |
Siemens Energy AG | 377,662 | 7,274,628 |
Siemens Healthineers AG (a) | 266,552 | 14,252,521 |
Symrise AG | 125,564 | 14,941,402 |
Talanx AG | 50,305 | 2,091,666 |
Telefonica Deutschland Holding AG | 871,428 | 2,620,846 |
TUI AG * (b) | 1,073,439 | 3,060,377 |
Uniper SE | 86,487 | 2,223,117 |
Volkswagen AG (Preference) | 173,343 | 26,845,013 |
Vonovia SE * | 733,920 | 29,240,102 |
Zalando SE * (a) (b) | 183,220 | 7,209,021 |
1,074,017,372 | ||
Ireland — 0.9% | ||
CRH plc | 725,900 | 28,691,100 |
Flutter Entertainment plc * | 144,360 | 14,506,661 |
Kerry Group plc, Class A | 145,446 | 16,111,017 |
Kingspan Group plc | 145,780 | 13,570,232 |
Smurfit Kappa Group plc | 244,799 | 10,344,171 |
83,223,181 | ||
Italy — 3.3% | ||
A2A SpA | 1,480,235 | 2,529,068 |
Amplifon SpA | 87,681 | 3,498,021 |
Assicurazioni Generali SpA (b) | 1,150,333 | 21,779,357 |
Atlantia SpA * (b) | 475,938 | 11,353,757 |
Banca Mediolanum SpA | 203,355 | 1,476,224 |
Banco BPM SpA | 1,431,802 | 4,511,174 |
Brembo SpA | 135,687 | 1,358,061 |
Buzzi Unicem SpA | 89,124 | 1,650,459 |
Coca-Cola HBC AG * | 185,609 | 3,763,017 |
Davide Campari-Milano NV | 505,015 | 5,698,176 |
DiaSorin SpA (b) | 18,523 | 2,426,362 |
Enel SpA | 7,301,422 | 47,480,368 |
Eni SpA | 2,385,016 | 33,339,639 |
Ferrari NV (b) | 120,940 | 25,464,490 |
FinecoBank Banca Fineco SpA | 576,411 | 8,012,898 |
INVESTMENTS | SHARES | VALUE($) |
Italy — continued | ||
Hera SpA | 760,009 | 2,834,525 |
Infrastrutture Wireless Italiane SpA��(a) | 335,748 | 3,582,542 |
Intesa Sanpaolo SpA | 16,157,579 | 32,924,582 |
Leonardo SpA * | 382,356 | 3,934,973 |
Mediobanca Banca di Credito Finanziario SpA | 661,868 | 6,633,806 |
Moncler SpA | 199,065 | 10,370,033 |
Nexi SpA * (a) | 730,544 | 7,165,119 |
Pirelli & C SpA (a) | 415,747 | 2,060,446 |
Poste Italiane SpA (a) | 431,906 | 4,232,308 |
Prysmian SpA | 253,431 | 8,242,818 |
Recordati Industria Chimica e Farmaceutica SpA | 94,805 | 4,568,498 |
Snam SpA | 1,937,253 | 10,625,061 |
Telecom Italia SpA | 9,560,494 | 2,791,869 |
Telecom Italia SpA | 5,696,088 | 1,585,547 |
Terna - Rete Elettrica Nazionale (b) | 1,329,614 | 10,844,440 |
UniCredit SpA | 2,103,519 | 19,468,236 |
UnipolSai Assicurazioni SpA (b) | 399,985 | 1,125,092 |
307,330,966 | ||
Jordan — 0.0% ^ | ||
Hikma Pharmaceuticals plc | 170,095 | 3,995,601 |
Luxembourg — 0.3% | ||
ArcelorMittal SA | 576,072 | 16,796,936 |
Eurofins Scientific SE | 121,799 | 11,319,732 |
RTL Group SA | 35,123 | 1,826,307 |
29,942,975 | ||
Mexico — 0.0% ^ | ||
Fresnillo plc | 174,077 | 1,684,404 |
Netherlands — 8.0% | ||
Adyen NV * (a) | 29,245 | 49,052,443 |
Aegon NV | 1,333,601 | 6,914,297 |
Akzo Nobel NV | 171,539 | 14,880,404 |
Argenx SE * | 47,484 | 13,680,545 |
Argenx SE * | 699 | 202,345 |
ASM International NV | 36,300 | 10,907,864 |
ASML Holding NV | 384,108 | 217,996,085 |
EXOR NV | 107,113 | 7,433,089 |
HAL Trust | 81,899 | 11,812,643 |
Heineken Holding NV | 95,256 | 7,435,896 |
Heineken NV (b) | 223,112 | 21,778,194 |
ING Groep NV (b) | 3,689,058 | 34,950,902 |
JDE Peet's NV | 80,633 | 2,372,147 |
96 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Netherlands — continued | ||
Koninklijke Ahold Delhaize NV | 988,183 | 29,147,421 |
Koninklijke DSM NV | 165,186 | 27,769,353 |
Koninklijke KPN NV | 3,277,591 | 11,309,631 |
Koninklijke Philips NV | 835,180 | 21,824,184 |
NN Group NV | 300,356 | 14,711,918 |
Randstad NV | 118,303 | 6,255,760 |
Shell plc | 7,228,888 | 194,065,968 |
Universal Music Group NV | 1,250,984 | 29,030,856 |
Wolters Kluwer NV | 248,132 | 25,057,065 |
758,589,010 | ||
Norway — 1.3% | ||
Aker ASA, Class A (b) | 22,526 | 1,836,114 |
Aker BP ASA (b) | 119,097 | 4,267,113 |
AutoStore Holdings Ltd. * (b) | 842,352 | 1,878,699 |
DNB Bank ASA (b) | 849,684 | 16,464,597 |
Equinor ASA | 1,015,903 | 34,337,099 |
Gjensidige Forsikring ASA (b) | 179,532 | 3,838,289 |
Kongsberg Gruppen ASA | 84,514 | 3,630,095 |
Leroy Seafood Group ASA | 264,669 | 2,483,995 |
Mowi ASA | 425,108 | 12,008,045 |
Norsk Hydro ASA (b) | 1,290,367 | 10,835,890 |
Orkla ASA | 709,770 | 5,759,532 |
Salmar ASA (b) | 53,461 | 4,374,699 |
Schibsted ASA, Class A | 72,120 | 1,502,900 |
Schibsted ASA, Class B | 94,488 | 1,828,439 |
Storebrand ASA | 446,058 | 3,874,547 |
Telenor ASA | 608,290 | 8,578,999 |
TOMRA Systems ASA | 110,555 | 4,347,623 |
121,846,675 | ||
Poland — 0.4% | ||
Allegro.eu SA * (a) | 367,524 | 1,890,355 |
Bank Polska Kasa Opieki SA | 166,107 | 3,650,245 |
CD Projekt SA | 66,706 | 1,805,391 |
Cyfrowy Polsat SA | 253,918 | 1,387,611 |
Dino Polska SA * (a) | 45,349 | 2,933,709 |
ING Bank Slaski SA | 30,689 | 1,357,875 |
KGHM Polska Miedz SA | 128,536 | 4,157,910 |
LPP SA | 1,005 | 2,123,747 |
mBank SA * | 12,371 | 828,012 |
PGE Polska Grupa Energetyczna SA * | 759,847 | 1,689,850 |
Polski Koncern Naftowy ORLEN SA | 274,820 | 4,642,931 |
Polskie Gornictwo Naftowe i Gazownictwo SA | 1,528,886 | 2,142,073 |
INVESTMENTS | SHARES | VALUE($) |
Poland — continued | ||
Powszechna Kasa Oszczednosci Bank Polski SA * | 814,953 | 6,014,798 |
Powszechny Zaklad Ubezpieczen SA | 538,514 | 3,723,149 |
Santander Bank Polska SA | 31,942 | 1,945,178 |
40,292,834 | ||
Portugal — 0.3% | ||
EDP - Energias de Portugal SA | 2,773,042 | 12,924,216 |
Galp Energia SGPS SA | 429,933 | 5,232,994 |
Jeronimo Martins SGPS SA | 261,597 | 5,445,570 |
23,602,780 | ||
Russia — 0.0% ^ | ||
Evraz plc ‡ | 453,755 | 23,359 |
Singapore — 0.2% | ||
STMicroelectronics NV | 619,512 | 22,889,205 |
South Africa — 0.6% | ||
Anglo American plc | 1,274,355 | 56,442,441 |
South Korea — 0.1% | ||
Delivery Hero SE * (a) (b) | 180,314 | 6,338,573 |
Spain — 3.8% | ||
Acciona SA | 23,273 | 4,555,628 |
ACS Actividades de Construccion y Servicios SA | 242,279 | 6,203,619 |
Aena SME SA * (a) | 69,433 | 9,853,204 |
Amadeus IT Group SA * | 425,750 | 26,678,739 |
Banco Bilbao Vizcaya Argentaria SA (b) | 6,300,946 | 33,062,642 |
Banco Santander SA (b) | 16,386,192 | 47,886,195 |
CaixaBank SA | 4,113,143 | 13,276,801 |
Cellnex Telecom SA (a) | 539,260 | 25,135,074 |
Corp. ACCIONA Energias Renovables SA | 52,863 | 1,954,197 |
EDP Renovaveis SA (b) | 226,881 | 5,369,628 |
Enagas SA | 235,252 | 5,086,782 |
Endesa SA | 300,091 | 6,289,142 |
Ferrovial SA | 471,424 | 12,089,369 |
Grifols SA (b) | 277,804 | 4,652,870 |
Grifols SA (Preference), Class B | 246,990 | 2,681,126 |
Iberdrola SA | 5,535,727 | 63,609,940 |
Industria de Diseno Textil SA (b) | 1,060,316 | 22,231,934 |
Mapfre SA | 931,218 | 1,699,341 |
Naturgy Energy Group SA (b) | 311,513 | 9,371,033 |
Red Electrica Corp. SA | 409,067 | 8,236,260 |
Repsol SA | 1,327,938 | 19,810,031 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 97 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Spain — continued | ||
Siemens Gamesa Renewable Energy SA * | 212,380 | 3,382,909 |
Telefonica SA | 5,187,950 | 25,237,522 |
358,353,986 | ||
Sweden — 5.6% | ||
Alfa Laval AB (b) | 281,461 | 7,834,826 |
Assa Abloy AB, Class B | 937,210 | 23,685,306 |
Atlas Copco AB, Class A | 610,796 | 27,691,582 |
Atlas Copco AB, Class B | 368,773 | 14,595,213 |
Axfood AB (b) | 99,179 | 2,940,186 |
Beijer Ref AB | 234,101 | 3,812,096 |
Boliden AB (b) | 258,456 | 11,206,956 |
Castellum AB (b) | 270,366 | 5,354,152 |
Electrolux AB, Class B (b) | 238,752 | 3,641,065 |
Elekta AB, Class B (b) | 327,325 | 2,204,624 |
Embracer Group AB * (b) | 624,996 | 4,177,481 |
Epiroc AB, Class A (b) | 591,551 | 11,992,550 |
Epiroc AB, Class B | 368,515 | 6,429,059 |
EQT AB (b) | 261,030 | 7,387,624 |
Essity AB, Class A | 26,669 | 710,217 |
Essity AB, Class B (b) | 569,259 | 15,011,922 |
Evolution AB (a) | 170,777 | 17,521,432 |
Fabege AB | 256,279 | 3,110,751 |
Fastighets AB Balder, Class B * | 99,416 | 4,927,780 |
Getinge AB, Class B | 206,476 | 5,972,895 |
H & M Hennes & Mauritz AB, Class B (b) | 703,945 | 8,862,021 |
Hexagon AB, Class B * (b) | 1,961,963 | 25,315,074 |
Hexpol AB | 246,156 | 2,113,536 |
Holmen AB, Class B | 87,493 | 5,056,988 |
Husqvarna AB, Class A | 23,704 | 228,954 |
Husqvarna AB, Class B (b) | 391,434 | 3,741,759 |
Industrivarden AB, Class A (b) | 172,530 | 4,420,657 |
Industrivarden AB, Class C (b) | 161,724 | 4,072,126 |
Indutrade AB | 251,234 | 5,926,065 |
Intrum AB * (b) | 70,218 | 1,697,384 |
Investment AB Latour, Class B (b) | 128,751 | 3,410,945 |
Investor AB, Class A (b) | 541,875 | 11,317,882 |
Investor AB, Class B (b) | 1,721,698 | 33,130,470 |
Kinnevik AB, Class A * | 8,044 | 175,237 |
Kinnevik AB, Class B * | 228,792 | 4,478,023 |
L E Lundbergforetagen AB, Class B | 60,308 | 2,820,386 |
Lifco AB, Class B * | 200,302 | 4,201,465 |
Lundin Energy AB (b) | 180,977 | 7,482,650 |
Nibe Industrier AB, Class B | 1,331,013 | 13,049,791 |
Nordnet AB publ | 153,510 | 2,662,593 |
INVESTMENTS | SHARES | VALUE($) |
Sweden — continued | ||
Saab AB, Class B | 76,925 | 3,253,845 |
Sagax AB, Class B | 157,730 | 4,029,125 |
Sagax AB, Class D | 105,049 | 323,616 |
Samhallsbyggnadsbolaget i Norden AB (b) | 1,081,642 | 3,397,620 |
Samhallsbyggnadsbolaget i Norden AB, Class D (b) | 141,051 | 370,021 |
Sandvik AB (b) | 1,031,165 | 19,518,214 |
Securitas AB, Class B (b) | 305,713 | 3,609,494 |
Sinch AB * (a) (b) | 646,224 | 2,855,917 |
Skandinaviska Enskilda Banken AB, Class C (b) | 13,207 | 160,920 |
Skandinaviska Enskilda Banken AB, Class A | 1,517,390 | 17,016,156 |
Skanska AB, Class B | 378,276 | 7,225,900 |
SKF AB, Class A (b) | 13,625 | 267,417 |
SKF AB, Class B (b) | 357,286 | 5,835,441 |
SSAB AB, Class A | 209,236 | 1,328,882 |
SSAB AB, Class B (b) | 596,657 | 3,508,717 |
Storskogen Group AB, Class B * (b) | 936,528 | 1,975,409 |
Svenska Cellulosa AB SCA, Class A | 29,240 | 574,071 |
Svenska Cellulosa AB SCA, Class B | 566,501 | 10,963,381 |
Svenska Handelsbanken AB, Class B (b) | 33,184 | 374,583 |
Svenska Handelsbanken AB, Class A | 1,451,812 | 14,643,439 |
Swedbank AB, Class A | 877,181 | 13,876,339 |
Swedish Match AB | 1,493,070 | 11,891,976 |
Tele2 AB, Class B (b) | 473,307 | 6,273,348 |
Telefonaktiebolaget LM Ericsson, Class A | 57,112 | 483,120 |
Telefonaktiebolaget LM Ericsson, Class B | 2,729,053 | 21,770,270 |
Telia Co. AB | 2,357,370 | 9,784,533 |
Trelleborg AB, Class B (b) | 229,230 | 5,027,836 |
Vitrolife AB | 69,057 | 1,775,666 |
Volvo AB, Class A | 180,742 | 2,971,514 |
Volvo AB, Class B (b) | 1,501,006 | 23,946,211 |
Volvo Car AB, Class B * | 506,889 | 3,718,629 |
527,123,333 | ||
Switzerland — 15.4% | ||
ABB Ltd. (Registered) | 1,687,886 | 50,639,889 |
Adecco Group AG (Registered) | 158,909 | 6,132,284 |
Alcon, Inc. | 472,116 | 33,709,494 |
Baloise Holding AG (Registered) | 43,202 | 7,514,597 |
Barry Callebaut AG (Registered) | 2,839 | 6,534,117 |
Chocoladefabriken Lindt & Spruengli AG | 1,021 | 11,450,509 |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 104 | 12,337,805 |
98 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Switzerland — continued | ||
Cie Financiere Richemont SA (Registered) | 493,287 | 57,315,378 |
Credit Suisse Group AG (Registered) (b) | 2,379,636 | 16,151,357 |
EMS-Chemie Holding AG (Registered) | 6,508 | 5,805,950 |
Geberit AG (Registered) | 33,997 | 19,387,600 |
Givaudan SA (Registered) (b) | 7,523 | 29,900,327 |
Holcim AG * | 488,846 | 23,902,385 |
Julius Baer Group Ltd. | 209,056 | 9,990,336 |
Kuehne + Nagel International AG (Registered) | 47,954 | 13,414,953 |
Lonza Group AG (Registered) | 70,447 | 41,537,968 |
Mediclinic International plc * | 383,172 | 1,776,363 |
Nestle SA (Registered) | 2,660,089 | 343,401,765 |
Novartis AG (Registered) | 2,300,420 | 203,286,536 |
Partners Group Holding AG | 21,386 | 22,658,412 |
Roche Holding AG | 663,928 | 246,193,831 |
Roche Holding AG | 25,155 | 10,105,908 |
Schindler Holding AG | 38,474 | 7,391,841 |
Schindler Holding AG (Registered) | 19,089 | 3,664,597 |
SGS SA (Registered) | 5,762 | 14,805,581 |
Sika AG (Registered) | 144,686 | 44,195,535 |
Sonova Holding AG (Registered) | 50,214 | 18,108,481 |
Straumann Holding AG (Registered) | 108,256 | 12,762,479 |
Swatch Group AG (The) (b) | 27,327 | 7,013,277 |
Swatch Group AG (The) (Registered) | 50,769 | 2,504,648 |
Swiss Life Holding AG (Registered) | 29,844 | 17,450,250 |
Swisscom AG (Registered) | 24,003 | 14,192,994 |
Temenos AG (Registered) | 63,501 | 6,410,158 |
UBS Group AG (Registered) | 3,498,563 | 59,393,847 |
Vifor Pharma AG | 45,383 | 8,026,878 |
Zurich Insurance Group AG | 142,147 | 64,715,254 |
1,453,783,584 | ||
United Arab Emirates — 0.0% ^ | ||
NMC Health plc * | 23,176 | — |
United Kingdom — 19.3% | ||
3i Group plc | 919,570 | 15,048,986 |
abrdn plc | 2,060,728 | 4,838,853 |
Admiral Group plc | 257,630 | 8,109,491 |
Allfunds Group plc | 178,502 | 1,530,212 |
Ashtead Group plc | 424,505 | 21,949,987 |
ASOS plc * | 66,120 | 1,151,314 |
Associated British Foods plc | 336,576 | 6,735,137 |
AstraZeneca plc | 1,464,066 | 195,366,779 |
Auto Trader Group plc (a) | 915,679 | 7,226,687 |
AVEVA Group plc | 116,764 | 3,138,157 |
INVESTMENTS | SHARES | VALUE($) |
United Kingdom — continued | ||
Aviva plc | 3,553,305 | 19,063,938 |
B&M European Value Retail SA | 804,145 | 4,927,067 |
BAE Systems plc | 3,047,299 | 28,146,857 |
Barclays plc | 15,060,917 | 27,684,112 |
Barratt Developments plc | 966,278 | 5,911,731 |
Berkeley Group Holdings plc * | 106,151 | 5,383,607 |
BP plc | 18,727,176 | 90,410,974 |
Bridgepoint Group plc (a) | 209,975 | 808,469 |
British American Tobacco plc | 2,158,828 | 90,481,536 |
British Land Co. plc (The), REIT | 886,346 | 5,709,322 |
BT Group plc | 8,289,134 | 18,381,878 |
Bunzl plc | 318,815 | 12,300,083 |
Burberry Group plc | 382,526 | 7,549,328 |
Centrica plc * | 5,557,761 | 5,506,573 |
CNH Industrial NV | 941,280 | 13,334,449 |
Coca-Cola Europacific Partners plc | 189,814 | 9,481,209 |
Compass Group plc | 1,687,210 | 35,603,254 |
ConvaTec Group plc (a) | 1,504,000 | 3,978,517 |
Croda International plc | 134,786 | 13,091,298 |
Darktrace plc * | 296,625 | 1,600,074 |
DCC plc | 95,804 | 7,258,970 |
Dechra Pharmaceuticals plc | 102,376 | 4,639,205 |
Deliveroo plc * (a) | 377,652 | 521,939 |
Derwent London plc, REIT | 106,002 | 4,021,922 |
Diageo plc | 2,203,060 | 109,908,106 |
Direct Line Insurance Group plc | 1,257,467 | 3,991,047 |
Dr. Martens plc | 538,661 | 1,408,395 |
DS Smith plc | 1,298,319 | 5,335,139 |
easyJet plc * | 537,231 | 3,722,740 |
Entain plc * | 554,342 | 10,416,266 |
Experian plc | 916,115 | 31,637,439 |
Halma plc | 358,691 | 11,010,215 |
Harbour Energy plc | 533,509 | 3,345,636 |
Hargreaves Lansdown plc | 336,235 | 3,849,334 |
Hiscox Ltd. | 334,432 | 3,971,138 |
Howden Joinery Group plc | 569,638 | 5,393,058 |
HSBC Holdings plc | 19,465,284 | 121,641,042 |
Imperial Brands plc | 897,223 | 18,676,169 |
Informa plc * | 1,420,353 | 10,075,843 |
InterContinental Hotels Group plc | 177,340 | 11,321,339 |
Intermediate Capital Group plc | 277,846 | 5,316,993 |
Intertek Group plc | 152,549 | 9,506,085 |
ITV plc | 3,423,384 | 3,161,335 |
J Sainsbury plc | 1,653,325 | 4,823,999 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 99 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United Kingdom — continued | ||
JD Sports Fashion plc | 2,339,696 | 3,855,060 |
Johnson Matthey plc | 187,977 | 5,170,926 |
Kingfisher plc | 1,951,629 | 6,154,603 |
Land Securities Group plc, REIT | 710,024 | 6,659,010 |
Legal & General Group plc | 5,641,755 | 17,585,891 |
Lloyds Banking Group plc | 67,127,871 | 38,126,195 |
London Stock Exchange Group plc | 306,162 | 30,185,043 |
M&G plc | 2,456,858 | 6,522,826 |
Marks & Spencer Group plc * | 1,850,799 | 3,159,537 |
Meggitt plc * | 739,001 | 7,164,554 |
Melrose Industries plc | 4,131,770 | 6,003,867 |
National Grid plc | 3,662,973 | 54,420,709 |
NatWest Group plc | 4,862,683 | 13,045,546 |
Next plc | 125,663 | 9,412,247 |
Ocado Group plc * | 610,776 | 6,985,232 |
Oxford Nanopore Technologies plc * | 355,752 | 1,354,595 |
Pearson plc | 714,951 | 6,942,035 |
Pepco Group NV * (a) | 92,447 | 863,363 |
Persimmon plc | 301,622 | 7,855,527 |
Phoenix Group Holdings plc | 802,844 | 6,081,061 |
Prudential plc | 2,595,181 | 32,305,981 |
Reckitt Benckiser Group plc | 695,934 | 54,272,832 |
RELX plc | 1,873,285 | 55,806,063 |
Rentokil Initial plc | 1,757,027 | 12,067,741 |
Rightmove plc | 827,442 | 6,360,628 |
Rolls-Royce Holdings plc * | 7,906,996 | 8,105,944 |
Royal Mail plc | 746,567 | 3,200,010 |
Sage Group plc (The) | 1,059,055 | 9,718,519 |
Schroders plc | 115,318 | 4,070,752 |
Schroders plc (Non-Voting) | 47,507 | 1,398,104 |
Segro plc, REIT | 1,136,235 | 19,022,959 |
Severn Trent plc | 239,306 | 9,405,094 |
Smith & Nephew plc | 836,192 | 13,553,470 |
Smiths Group plc | 374,611 | 6,855,120 |
Spirax-Sarco Engineering plc | 69,550 | 10,494,785 |
SSE plc | 990,639 | 23,008,408 |
St James's Place plc | 510,584 | 8,204,875 |
Standard Chartered plc | 2,415,075 | 16,510,229 |
Tate & Lyle plc | 442,759 | 4,303,442 |
Taylor Wimpey plc | 3,447,743 | 5,422,459 |
Tesco plc | 7,228,520 | 24,557,597 |
THG plc * | 677,886 | 910,130 |
Travis Perkins plc | 212,641 | 3,243,290 |
Unilever plc | 2,484,605 | 115,509,582 |
INVESTMENTS | SHARES | VALUE($) |
United Kingdom — continued | ||
United Utilities Group plc | 644,391 | 9,260,166 |
Vodafone Group plc | 25,324,449 | 38,340,185 |
Weir Group plc (The) | 245,291 | 4,715,593 |
Whitbread plc * | 190,311 | 6,643,154 |
Wise plc, Class A * | 396,937 | 1,945,175 |
WPP plc | 1,147,836 | 14,307,625 |
1,820,470,972 | ||
United States — 3.0% | ||
Avast plc (a) | 616,338 | 4,371,080 |
Carnival plc * | 147,818 | 2,317,527 |
Ferguson plc | 219,330 | 27,514,771 |
GlaxoSmithKline plc | 4,733,532 | 106,706,010 |
QIAGEN NV * (b) | 218,123 | 10,059,197 |
Schneider Electric SE (b) | 537,780 | 77,154,805 |
Stellantis NV | 2,101,654 | 28,216,080 |
Swiss Re AG (b) | 273,008 | 22,388,526 |
Tenaris SA | 435,136 | 6,649,828 |
285,377,824 | ||
Total Common Stocks (Cost $10,215,627,530) | 9,364,866,373 | |
Short-Term Investments — 6.1% | ||
Investment of Cash Collateral from Securities Loaned — 6.1% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (c) (d) | 239,737,326 | 239,569,509 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 331,157,863 | 331,157,863 |
Total Investment of Cash Collateral from Securities Loaned (Cost $570,721,952) | 570,727,372 | |
Total Investments — 105.2% (Cost $10,786,349,482) | 9,935,593,745 | |
Liabilities in Excess of Other Assets — (5.2)% | (487,995,002) | |
NET ASSETS — 100.0% | 9,447,598,743 | |
Percentages indicated are based on net assets. |
Abbreviations | |
CVA | Dutch Certification |
OYJ | Public Limited Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
REIT | Real Estate Investment Trust |
100 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
SCA | Limited partnership with share capital |
SDR | Swedish Depositary Receipt |
SGPS | Holding company |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(b) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $502,857,161. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Pharmaceuticals | 11.9% |
Banks | 6.8 |
Oil, Gas & Consumable Fuels | 5.4 |
Insurance | 4.9 |
Food Products | 4.8 |
Textiles, Apparel & Luxury Goods | 4.4 |
Chemicals | 3.6 |
Semiconductors & Semiconductor Equipment | 2.9 |
Beverages | 2.6 |
Metals & Mining | 2.6 |
Capital Markets | 2.4 |
Machinery | 2.3 |
Electric Utilities | 2.3 |
Diversified Telecommunication Services | 2.1 |
Personal Products | 2.1 |
Electrical Equipment | 1.9 |
Automobiles | 1.9 |
Professional Services | 1.9 |
Aerospace & Defense | 1.8 |
Software | 1.6 |
Health Care Equipment & Supplies | 1.5 |
Multi-Utilities | 1.5 |
IT Services | 1.4 |
Industrial Conglomerates | 1.3 |
Tobacco | 1.2 |
Hotels, Restaurants & Leisure | 1.2 |
Diversified Financial Services | 1.0 |
Construction & Engineering | 1.0 |
Others (each less than 1.0%) | 14.0 |
Short-Term Investments | 5.7 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 101 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
EURO STOXX 50 Index | 1,348 | 06/17/2022 | EUR | 52,346,493 | 398,833 |
FTSE 100 Index | 337 | 06/17/2022 | GBP | 31,423,971 | 1,022,771 |
1,421,604 |
Abbreviations | |
EUR | Euro |
FTSE | Financial Times and the London Stock Exchange |
GBP | British Pound |
102 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 98.9% | ||
Australia — 8.6% | ||
Alumina Ltd. | 442,367 | 556,939 |
Ampol Ltd. | 44,563 | 1,047,731 |
APA Group | 220,218 | 1,769,479 |
Aristocrat Leisure Ltd. | 124,980 | 2,899,828 |
ASX Ltd. | 36,202 | 2,188,761 |
Aurizon Holdings Ltd. | 346,123 | 977,492 |
Australia & New Zealand Banking Group Ltd. | 526,536 | 10,019,554 |
Bendigo & Adelaide Bank Ltd. | 104,673 | 780,423 |
BHP Group Ltd. | 946,664 | 31,633,186 |
BlueScope Steel Ltd. | 91,494 | 1,300,642 |
Boral Ltd. | 62,292 | 155,395 |
Brambles Ltd. | 267,763 | 1,977,247 |
Challenger Ltd. | 108,154 | 547,211 |
Cochlear Ltd. | 12,276 | 1,977,264 |
Coles Group Ltd. | 249,218 | 3,276,883 |
Commonwealth Bank of Australia | 319,098 | 23,193,164 |
Computershare Ltd. | 107,047 | 1,887,247 |
Crown Resorts Ltd. * | 67,546 | 611,572 |
CSL Ltd. | 89,527 | 17,086,250 |
Dexus, REIT | 201,133 | 1,572,573 |
Domino's Pizza Enterprises Ltd. | 11,753 | 616,106 |
Endeavour Group Ltd. | 237,791 | 1,301,682 |
Evolution Mining Ltd. | 342,775 | 969,917 |
Fortescue Metals Group Ltd. | 316,674 | 4,785,919 |
Glencore plc * | 2,045,734 | 12,605,131 |
Goodman Group, REIT | 317,919 | 5,291,411 |
GPT Group (The), REIT | 359,679 | 1,278,618 |
Harvey Norman Holdings Ltd. | 121,957 | 434,419 |
IDP Education Ltd. | 39,038 | 724,210 |
Incitec Pivot Ltd. | 363,199 | 979,555 |
Insurance Australia Group Ltd. | 460,978 | 1,472,037 |
LendLease Corp. Ltd. | 128,808 | 1,103,416 |
Macquarie Group Ltd. | 67,438 | 9,708,582 |
Magellan Financial Group Ltd. (a) | 26,983 | 305,259 |
Medibank Pvt Ltd. | 515,004 | 1,157,288 |
Mirvac Group, REIT | 737,287 | 1,246,083 |
National Australia Bank Ltd. | 606,204 | 13,838,847 |
Newcrest Mining Ltd. | 167,163 | 3,139,213 |
Northern Star Resources Ltd. | 217,366 | 1,494,128 |
Orica Ltd. | 76,702 | 881,369 |
Origin Energy Ltd. | 329,350 | 1,575,331 |
Qantas Airways Ltd. * | 173,951 | 674,030 |
QBE Insurance Group Ltd. | 276,111 | 2,382,088 |
Ramsay Health Care Ltd. | 34,669 | 1,967,371 |
INVESTMENTS | SHARES | VALUE($) |
Australia — continued | ||
REA Group Ltd. | 9,635 | 863,180 |
Reece Ltd. | 52,849 | 642,095 |
Rio Tinto Ltd. | 69,448 | 5,493,607 |
Rio Tinto plc | 198,393 | 14,017,689 |
Santos Ltd. | 570,177 | 3,186,189 |
Scentre Group, REIT | 970,611 | 2,022,281 |
SEEK Ltd. | 66,183 | 1,296,882 |
Seven Group Holdings Ltd. | 29,410 | 410,326 |
Sonic Healthcare Ltd. | 89,538 | 2,312,429 |
South32 Ltd. | 869,837 | 2,896,851 |
Stockland, REIT | 446,405 | 1,292,088 |
Suncorp Group Ltd. | 235,656 | 1,892,080 |
Tabcorp Holdings Ltd. | 416,224 | 1,591,732 |
Telstra Corp. Ltd. | 768,937 | 2,182,742 |
TPG Telecom Ltd. | 70,000 | 286,950 |
Transurban Group | 574,068 | 5,764,569 |
Treasury Wine Estates Ltd. | 134,986 | 1,067,967 |
Vicinity Centres, REIT | 723,591 | 944,152 |
Washington H Soul Pattinson & Co. Ltd. | 45,888 | 894,179 |
Wesfarmers Ltd. | 212,030 | 7,336,893 |
Westpac Banking Corp. | 654,718 | 10,959,974 |
WiseTech Global Ltd. | 30,453 | 944,129 |
Woodside Petroleum Ltd. | 181,322 | 3,944,858 |
Woolworths Group Ltd. | 226,641 | 6,131,334 |
Worley Ltd. | 69,759 | 678,408 |
254,444,435 | ||
Austria — 0.3% | ||
ANDRITZ AG | 13,511 | 574,367 |
BAWAG Group AG * (b) | 12,977 | 616,198 |
Erste Group Bank AG | 63,373 | 1,973,167 |
EVN AG | 7,110 | 180,994 |
Mondi plc | 90,625 | 1,702,478 |
OMV AG | 26,929 | 1,376,547 |
Raiffeisen Bank International AG | 25,391 | 289,034 |
Strabag SE | 2,715 | 106,118 |
Telekom Austria AG * | 25,951 | 185,024 |
Verbund AG * | 12,734 | 1,361,129 |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 6,741 | 167,211 |
voestalpine AG | 20,844 | 542,421 |
9,074,688 | ||
Belgium — 1.0% | ||
Ackermans & van Haaren NV | 4,189 | 746,799 |
Ageas SA | 33,872 | 1,620,828 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 103 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Belgium — continued | ||
Anheuser-Busch InBev SA | 162,429 | 9,346,086 |
D'ieteren Group | 4,415 | 708,663 |
Elia Group SA/NV | 6,290 | 1,001,232 |
Etablissements Franz Colruyt NV | 10,681 | 392,215 |
Groupe Bruxelles Lambert SA | 19,260 | 1,817,383 |
KBC Group NV | 63,147 | 4,296,008 |
Proximus SADP | 29,267 | 511,538 |
Sofina SA (a) | 2,947 | 903,129 |
Solvay SA | 13,662 | 1,284,737 |
Telenet Group Holding NV | 8,985 | 267,775 |
UCB SA | 23,643 | 2,687,563 |
Umicore SA (a) | 37,251 | 1,432,057 |
Warehouses De Pauw CVA, REIT | 26,455 | 1,017,729 |
28,033,742 | ||
Brazil — 0.1% | ||
Yara International ASA | 29,533 | 1,501,701 |
Chile — 0.0% ^ | ||
Antofagasta plc | 64,524 | 1,235,241 |
China — 0.6% | ||
Budweiser Brewing Co. APAC Ltd. (b) | 320,500 | 797,467 |
ESR Cayman Ltd. * (b) | 492,400 | 1,494,734 |
Prosus NV * | 162,866 | 7,854,810 |
Wilmar International Ltd. | 588,200 | 1,875,001 |
Wuxi Biologics Cayman, Inc. * (b) | 607,000 | 4,480,156 |
16,502,168 | ||
Colombia — 0.0% ^ | ||
Millicom International Cellular SA, SDR * | 19,121 | 431,078 |
Denmark — 2.6% | ||
AP Moller - Maersk A/S, Class A | 567 | 1,604,973 |
AP Moller - Maersk A/S, Class B | 1,099 | 3,180,756 |
Carlsberg A/S, Class B | 18,776 | 2,385,176 |
Chr Hansen Holding A/S | 19,232 | 1,498,360 |
Coloplast A/S, Class B | 22,216 | 2,993,132 |
Danske Bank A/S | 127,433 | 1,954,675 |
Demant A/S * (a) | 18,859 | 828,731 |
DSV A/S | 39,943 | 6,548,725 |
Genmab A/S * | 12,290 | 4,321,676 |
GN Store Nord A/S | 25,840 | 969,763 |
Novo Nordisk A/S, Class B | 308,269 | 35,212,424 |
Novozymes A/S, Class B | 39,270 | 2,737,494 |
Orsted A/S (b) | 35,375 | 3,913,554 |
Pandora A/S | 18,664 | 1,638,820 |
INVESTMENTS | SHARES | VALUE($) |
Denmark — continued | ||
ROCKWOOL A/S, Class A | 1,111 | 308,504 |
ROCKWOOL A/S, Class B | 1,313 | 367,220 |
Tryg A/S | 67,331 | 1,600,938 |
Vestas Wind Systems A/S | 188,847 | 4,815,789 |
76,880,710 | ||
Finland — 1.3% | ||
Elisa OYJ | 28,109 | 1,647,789 |
Fortum OYJ | 81,239 | 1,350,668 |
Huhtamaki OYJ (a) | 18,042 | 681,993 |
Kesko OYJ, Class A | 17,687 | 415,317 |
Kesko OYJ, Class B | 51,076 | 1,285,913 |
Kone OYJ, Class B | 75,424 | 3,626,212 |
Konecranes OYJ | 12,089 | 339,746 |
Metso Outotec OYJ | 131,767 | 1,121,991 |
Neste OYJ | 80,398 | 3,449,783 |
Nokia OYJ * | 1,011,951 | 5,130,663 |
Nokian Renkaat OYJ | 23,502 | 315,598 |
Nordea Bank Abp | 646,865 | 6,449,299 |
Orion OYJ, Class A | 5,736 | 232,440 |
Orion OYJ, Class B (a) | 19,982 | 783,744 |
Sampo OYJ, Class A | 94,343 | 4,581,057 |
Stora Enso OYJ, Class A (a) | 9,510 | 196,137 |
Stora Enso OYJ, Class R | 114,298 | 2,249,327 |
UPM-Kymmene OYJ | 99,810 | 3,452,656 |
Wartsila OYJ Abp | 90,737 | 728,604 |
38,038,937 | ||
France — 9.6% | ||
Adevinta ASA * | 76,148 | 588,276 |
Aeroports de Paris * | 4,844 | 685,183 |
Air Liquide SA | 88,887 | 15,378,196 |
Airbus SE | 114,659 | 12,551,939 |
Alstom SA | 55,148 | 1,212,175 |
Amundi SA (b) | 11,393 | 685,061 |
Arkema SA | 11,924 | 1,358,672 |
AXA SA | 384,913 | 10,182,888 |
BioMerieux | 8,853 | 842,822 |
BNP Paribas SA | 212,425 | 11,014,531 |
Bollore SE | 170,866 | 797,334 |
Bouygues SA (a) | 40,772 | 1,401,874 |
Bureau Veritas SA | 54,139 | 1,555,235 |
Capgemini SE | 29,981 | 6,103,503 |
Carrefour SA | 115,852 | 2,456,939 |
Cie de Saint-Gobain | 97,993 | 5,716,735 |
104 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
France — continued | ||
Cie Generale des Etablissements Michelin SCA | 33,386 | 4,135,190 |
CNP Assurances (a) | 26,815 | 589,246 |
Covivio, REIT | 8,826 | 628,566 |
Credit Agricole SA | 262,009 | 2,829,191 |
Danone SA | 128,598 | 7,776,480 |
Dassault Aviation SA | 4,363 | 732,134 |
Dassault Systemes SE | 129,713 | 5,736,474 |
Edenred | 46,584 | 2,339,549 |
Eiffage SA | 15,221 | 1,503,055 |
Electricite de France SA | 104,620 | 951,105 |
Engie SA | 332,443 | 3,922,987 |
EssilorLuxottica SA | 56,255 | 9,577,291 |
Gecina SA, REIT | 10,147 | 1,143,041 |
Getlink SE | 81,253 | 1,486,858 |
Hermes International | 6,515 | 8,033,369 |
Ipsen SA | 7,509 | 778,411 |
Kering SA | 13,758 | 7,320,252 |
Legrand SA | 50,013 | 4,431,861 |
L'Oreal SA | 44,055 | 16,027,648 |
LVMH Moet Hennessy Louis Vuitton SE | 50,027 | 32,374,239 |
Orange SA | 353,180 | 4,204,747 |
Pernod Ricard SA | 37,709 | 7,782,543 |
Publicis Groupe SA | 44,081 | 2,646,478 |
Safran SA | 65,514 | 7,036,102 |
Sanofi (a) | 215,016 | 22,726,102 |
Sartorius Stedim Biotech | 4,473 | 1,463,695 |
SEB SA | 6,170 | 740,938 |
Societe Generale SA | 145,586 | 3,499,021 |
Sodexo SA | 15,442 | 1,161,633 |
Teleperformance | 10,985 | 3,942,638 |
Thales SA (a) | 19,955 | 2,554,738 |
TotalEnergies SE | 458,749 | 22,525,940 |
Unibail-Rodamco-Westfield, REIT * | 21,771 | 1,536,488 |
Veolia Environnement SA | 122,998 | 3,588,660 |
Vinci SA (a) | 96,457 | 9,359,595 |
Vivendi SE (a) | 151,040 | 1,734,782 |
Worldline SA * (b) | 46,589 | 1,833,007 |
283,185,417 | ||
Germany — 7.2% | ||
adidas AG | 33,409 | 6,737,232 |
Allianz SE (Registered) | 76,383 | 17,234,611 |
Aroundtown SA | 181,079 | 910,562 |
BASF SE * | 171,758 | 9,045,286 |
INVESTMENTS | SHARES | VALUE($) |
Germany — continued | ||
Bayer AG (Registered) * | 183,716 | 12,101,565 |
Bayerische Motoren Werke AG | 59,855 | 4,888,106 |
Bayerische Motoren Werke AG (Preference) | 10,788 | 794,737 |
Beiersdorf AG | 18,343 | 1,842,380 |
Brenntag SE | 28,836 | 2,225,085 |
Carl Zeiss Meditec AG | 6,858 | 861,396 |
Commerzbank AG * | 185,013 | 1,207,825 |
Continental AG * | 20,158 | 1,381,652 |
Covestro AG (b) | 36,059 | 1,552,540 |
Deutsche Bank AG (Registered) * | 386,491 | 3,864,652 |
Deutsche Boerse AG | 35,530 | 6,185,580 |
Deutsche Lufthansa AG (Registered) * | 111,143 | 826,856 |
Deutsche Post AG (Registered) | 185,366 | 7,919,297 |
Deutsche Telekom AG (Registered) | 634,085 | 11,680,581 |
Deutsche Wohnen SE | 8,938 | 255,982 |
E.ON SE | 419,842 | 4,369,279 |
Evonik Industries AG | 35,814 | 936,765 |
Fresenius Medical Care AG & Co. KGaA | 37,259 | 2,317,020 |
Fresenius SE & Co. KGaA | 77,287 | 2,731,937 |
GEA Group AG | 30,715 | 1,195,626 |
Hannover Rueck SE | 11,254 | 1,749,216 |
HeidelbergCement AG | 26,669 | 1,536,332 |
Henkel AG & Co. KGaA | 18,462 | 1,171,620 |
Henkel AG & Co. KGaA (Preference) | 33,253 | 2,135,219 |
Infineon Technologies AG | 244,248 | 6,932,545 |
KION Group AG | 13,493 | 750,561 |
Mercedes-Benz Group AG * | 156,048 | 10,892,339 |
Merck KGaA | 24,169 | 4,484,012 |
MTU Aero Engines AG * | 9,992 | 2,015,043 |
Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 26,199 | 6,239,048 |
Porsche Automobil Holding SE (Preference) | 28,635 | 2,361,813 |
Puma SE | 19,179 | 1,411,164 |
RWE AG | 126,455 | 5,250,334 |
SAP SE | 204,462 | 20,721,407 |
Sartorius AG (Preference) | 4,612 | 1,729,175 |
Siemens AG (Registered) | 149,415 | 18,371,320 |
Siemens Energy AG | 74,593 | 1,436,831 |
Siemens Healthineers AG (b) | 52,735 | 2,819,738 |
Symrise AG | 24,830 | 2,954,629 |
Talanx AG | 9,996 | 415,631 |
Telefonica Deutschland Holding AG | 173,558 | 521,981 |
TUI AG * (a) | 213,817 | 609,593 |
Uniper SE | 17,214 | 442,480 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 105 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Germany — continued | ||
Volkswagen AG (Preference) | 34,320 | 5,315,016 |
Vonovia SE * | 145,225 | 5,785,908 |
Zalando SE * (b) | 36,190 | 1,423,941 |
212,543,448 | ||
Hong Kong — 2.3% | ||
AIA Group Ltd. | 2,262,200 | 22,223,309 |
CK Asset Holdings Ltd. | 368,000 | 2,494,724 |
CK Infrastructure Holdings Ltd. | 108,000 | 726,129 |
CLP Holdings Ltd. | 311,500 | 3,039,735 |
Dairy Farm International Holdings Ltd. | 57,000 | 153,948 |
Hang Lung Properties Ltd. | 346,000 | 661,750 |
Hang Seng Bank Ltd. | 135,600 | 2,400,861 |
Henderson Land Development Co. Ltd. | 245,000 | 990,784 |
HK Electric Investments & HK Electric Investments Ltd. (b) | 433,000 | 427,647 |
HKT Trust & HKT Ltd. | 681,000 | 977,196 |
Hong Kong & China Gas Co. Ltd. | 2,020,100 | 2,228,010 |
Hong Kong Exchanges & Clearing Ltd. | 222,800 | 9,450,948 |
Jardine Matheson Holdings Ltd. | 47,200 | 2,507,736 |
Link, REIT | 394,600 | 3,408,470 |
MTR Corp. Ltd. | 289,500 | 1,538,144 |
New World Development Co. Ltd. | 263,000 | 1,005,921 |
Power Assets Holdings Ltd. | 255,000 | 1,717,440 |
Sino Land Co. Ltd. | 596,000 | 787,783 |
Sun Hung Kai Properties Ltd. | 287,000 | 3,305,405 |
Swire Pacific Ltd., Class B | 170,000 | 160,278 |
Swire Pacific Ltd., Class A | 93,000 | 529,720 |
Swire Properties Ltd. | 196,600 | 471,163 |
Techtronic Industries Co. Ltd. | 322,500 | 4,304,764 |
WH Group Ltd. (b) | 1,463,924 | 1,010,985 |
Wharf Real Estate Investment Co. Ltd. | 290,000 | 1,366,645 |
67,889,495 | ||
Ireland — 0.6% | ||
CRH plc | 143,698 | 5,679,644 |
Flutter Entertainment plc * | 28,577 | 2,871,688 |
Kerry Group plc, Class A | 28,771 | 3,186,957 |
Kingspan Group plc | 28,830 | 2,683,700 |
Smurfit Kappa Group plc | 48,438 | 2,046,785 |
16,468,774 | ||
Israel — 0.5% | ||
Azrieli Group Ltd. | 6,851 | 588,490 |
Bank Hapoalim BM | 222,000 | 2,058,209 |
Bank Leumi Le-Israel BM | 271,695 | 2,851,371 |
INVESTMENTS | SHARES | VALUE($) |
Israel — continued | ||
Bezeq The Israeli Telecommunication Corp. Ltd. * | 384,367 | 609,332 |
Elbit Systems Ltd. | 4,630 | 1,005,024 |
ICL Group Ltd. | 129,977 | 1,409,510 |
Israel Discount Bank Ltd., Class A | 217,738 | 1,286,056 |
Mizrahi Tefahot Bank Ltd. | 27,843 | 1,029,903 |
Nice Ltd. * | 11,781 | 2,449,615 |
Teva Pharmaceutical Industries Ltd. * | 206,325 | 1,817,726 |
15,105,236 | ||
Italy — 2.1% | ||
A2A SpA | 291,259 | 497,633 |
Amplifon SpA | 17,357 | 692,455 |
Assicurazioni Generali SpA | 227,661 | 4,310,326 |
Atlantia SpA * | 94,017 | 2,242,826 |
Banca Mediolanum SpA | 42,113 | 305,713 |
Banco BPM SpA | 283,342 | 892,725 |
Brembo SpA | 27,028 | 270,517 |
Buzzi Unicem SpA | 17,771 | 329,096 |
Coca-Cola HBC AG * | 36,505 | 740,098 |
Davide Campari-Milano NV | 99,347 | 1,120,950 |
DiaSorin SpA | 3,687 | 482,967 |
Enel SpA | 1,444,902 | 9,396,043 |
Eni SpA | 471,976 | 6,597,654 |
Ferrari NV | 23,935 | 5,039,628 |
FinecoBank Banca Fineco SpA | 113,833 | 1,582,434 |
Hera SpA | 151,188 | 563,870 |
Infrastrutture Wireless Italiane SpA (b) | 66,877 | 713,600 |
Intesa Sanpaolo SpA | 3,197,508 | 6,515,618 |
Leonardo SpA * | 75,535 | 777,360 |
Mediobanca Banca di Credito Finanziario SpA | 130,725 | 1,310,237 |
Moncler SpA | 39,332 | 2,048,950 |
Nexi SpA * (b) | 144,277 | 1,415,058 |
Pirelli & C SpA (b) | 82,807 | 410,392 |
Poste Italiane SpA (b) | 85,633 | 839,130 |
Prysmian SpA | 50,047 | 1,627,774 |
Recordati Industria Chimica e Farmaceutica SpA | 18,771 | 904,544 |
Snam SpA | 383,812 | 2,105,056 |
Telecom Italia SpA | 1,881,141 | 549,333 |
Telecom Italia SpA | 1,134,519 | 315,801 |
Terna - Rete Elettrica Nazionale | 262,605 | 2,141,828 |
106 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Italy — continued | ||
UniCredit SpA | 416,291 | 3,852,806 |
UnipolSai Assicurazioni SpA (a) | 79,895 | 224,731 |
60,817,153 | ||
Japan — 23.4% | ||
ABC-Mart, Inc. | 5,900 | 244,673 |
Acom Co. Ltd. | 85,500 | 219,882 |
Advance Residence Investment Corp., REIT | 259 | 711,489 |
Advantest Corp. | 37,200 | 2,538,829 |
Aeon Co. Ltd. | 162,700 | 3,092,155 |
Aeon Mall Co. Ltd. | 17,800 | 216,583 |
AGC, Inc. | 42,500 | 1,593,300 |
Air Water, Inc. | 42,900 | 569,408 |
Aisin Corp. | 34,200 | 993,529 |
Ajinomoto Co., Inc. | 102,500 | 2,663,109 |
Alfresa Holdings Corp. | 39,500 | 537,149 |
Amada Co. Ltd. | 67,300 | 522,582 |
ANA Holdings, Inc. * | 29,800 | 561,750 |
Asahi Group Holdings Ltd. | 94,700 | 3,569,512 |
Asahi Intecc Co. Ltd. | 44,100 | 852,185 |
Asahi Kasei Corp. | 260,200 | 2,134,861 |
Asics Corp. | 35,600 | 561,653 |
Astellas Pharma, Inc. | 348,100 | 5,300,072 |
Bandai Namco Holdings, Inc. | 41,500 | 2,809,672 |
Bank of Kyoto Ltd. (The) | 14,300 | 623,017 |
Benefit One, Inc. | 14,300 | 216,823 |
Bridgestone Corp. | 113,500 | 4,160,195 |
Brother Industries Ltd. | 48,900 | 849,862 |
Calbee, Inc. | 21,500 | 385,117 |
Canon, Inc. | 194,600 | 4,477,583 |
Capcom Co. Ltd. | 30,300 | 799,530 |
Casio Computer Co. Ltd. | 43,000 | 445,904 |
Central Japan Railway Co. | 38,500 | 4,846,580 |
Chiba Bank Ltd. (The) | 138,700 | 799,368 |
Chubu Electric Power Co., Inc. | 134,400 | 1,356,777 |
Chugai Pharmaceutical Co. Ltd. | 119,300 | 3,574,844 |
Chugoku Electric Power Co., Inc. (The) | 60,700 | 399,802 |
Concordia Financial Group Ltd. | 226,300 | 823,529 |
Cosmos Pharmaceutical Corp. | 4,100 | 377,969 |
CyberAgent, Inc. | 76,500 | 808,212 |
Dai Nippon Printing Co. Ltd. | 51,500 | 1,076,249 |
Daifuku Co. Ltd. | 23,600 | 1,451,132 |
Dai-ichi Life Holdings, Inc. | 208,800 | 4,181,015 |
Daiichi Sankyo Co. Ltd. | 342,200 | 8,616,225 |
Daikin Industries Ltd. | 54,800 | 8,374,410 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
Daito Trust Construction Co. Ltd. | 13,000 | 1,252,055 |
Daiwa House Industry Co. Ltd. | 124,400 | 2,990,600 |
Daiwa House REIT Investment Corp., REIT | 394 | 958,997 |
Daiwa Securities Group, Inc. | 285,500 | 1,399,272 |
Denso Corp. | 97,100 | 5,917,785 |
Dentsu Group, Inc. | 46,300 | 1,668,729 |
Disco Corp. | 5,600 | 1,370,602 |
East Japan Railway Co. | 70,600 | 3,681,563 |
Eisai Co. Ltd. | 55,400 | 2,412,722 |
ENEOS Holdings, Inc. | 604,000 | 2,125,244 |
FANUC Corp. | 35,900 | 5,500,887 |
Fast Retailing Co. Ltd. | 12,400 | 5,709,037 |
Fuji Electric Co. Ltd. | 27,900 | 1,223,435 |
FUJIFILM Holdings Corp. | 75,100 | 4,128,341 |
Fujitsu Ltd. | 34,500 | 5,214,646 |
Fukuoka Financial Group, Inc. | 35,900 | 655,940 |
GLP J-REIT, REIT | 839 | 1,132,125 |
GMO Payment Gateway, Inc. | 8,400 | 704,759 |
Hakuhodo DY Holdings, Inc. | 56,500 | 666,789 |
Hamamatsu Photonics KK | 27,300 | 1,221,489 |
Hankyu Hanshin Holdings, Inc. | 45,100 | 1,190,261 |
Harmonic Drive Systems, Inc. | 9,300 | 235,210 |
Haseko Corp. | 42,100 | 461,291 |
Hikari Tsushin, Inc. | 3,800 | 444,954 |
Hino Motors Ltd. | 53,900 | 278,232 |
Hirose Electric Co. Ltd. | 6,300 | 799,306 |
Hitachi Construction Machinery Co. Ltd. | 19,300 | 436,978 |
Hitachi Ltd. | 181,100 | 8,588,933 |
Hitachi Metals Ltd. * | 37,900 | 591,418 |
Honda Motor Co. Ltd. | 321,900 | 8,467,114 |
Hoshizaki Corp. | 11,200 | 709,434 |
Hoya Corp. | 69,200 | 6,867,556 |
Hulic Co. Ltd. | 110,500 | 932,996 |
Ibiden Co. Ltd. | 25,000 | 934,297 |
Idemitsu Kosan Co. Ltd. | 46,100 | 1,214,969 |
Iida Group Holdings Co. Ltd. | 33,600 | 534,396 |
Inpex Corp. | 191,500 | 2,278,500 |
Isuzu Motors Ltd. | 116,400 | 1,357,897 |
ITOCHU Corp. | 278,600 | 8,408,421 |
Itochu Techno-Solutions Corp. | 17,900 | 419,143 |
Japan Airlines Co. Ltd. * | 27,100 | 447,407 |
Japan Airport Terminal Co. Ltd. * | 17,400 | 720,995 |
Japan Exchange Group, Inc. | 98,700 | 1,469,683 |
Japan Metropolitan Fund Invest, REIT | 1,304 | 1,036,457 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 107 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — continued | ||
Japan Post Holdings Co. Ltd. | 225,000 | 1,577,668 |
Japan Post Insurance Co. Ltd. | 37,600 | 607,984 |
Japan Prime Realty Investment Corp., REIT | 186 | 564,279 |
Japan Real Estate Investment Corp., REIT | 258 | 1,248,684 |
Japan Tobacco, Inc. | 205,300 | 3,492,522 |
JFE Holdings, Inc. | 107,800 | 1,318,260 |
JSR Corp. | 40,100 | 1,088,920 |
Kajima Corp. | 92,800 | 1,034,208 |
Kakaku.com, Inc. | 24,100 | 504,698 |
Kansai Electric Power Co., Inc. (The) | 154,200 | 1,351,717 |
Kansai Paint Co. Ltd. | 48,300 | 665,184 |
Kao Corp. | 88,700 | 3,554,961 |
Kawasaki Heavy Industries Ltd. | 31,300 | 556,602 |
KDDI Corp. | 310,200 | 10,272,180 |
Keio Corp. | 22,800 | 874,439 |
Keisei Electric Railway Co. Ltd. | 32,200 | 789,527 |
Kewpie Corp. | 21,100 | 355,361 |
Keyence Corp. | 36,000 | 14,472,153 |
Kikkoman Corp. | 36,200 | 2,034,482 |
Kinden Corp. | 24,700 | 292,683 |
Kintetsu Group Holdings Co. Ltd. | 35,600 | 1,020,697 |
Kirin Holdings Co. Ltd. | 155,300 | 2,263,921 |
Kobayashi Pharmaceutical Co. Ltd. | 11,000 | 750,141 |
Kobe Bussan Co. Ltd. | 23,500 | 572,914 |
Koei Tecmo Holdings Co. Ltd. | 11,300 | 346,515 |
Koito Manufacturing Co. Ltd. | 24,000 | 880,669 |
Komatsu Ltd. | 182,000 | 4,096,180 |
Konami Holdings Corp. | 18,800 | 1,156,076 |
Kose Corp. | 6,500 | 667,297 |
Kubota Corp. | 213,200 | 3,621,984 |
Kuraray Co. Ltd. | 66,200 | 529,450 |
Kurita Water Industries Ltd. | 20,000 | 682,326 |
Kyocera Corp. | 65,700 | 3,449,707 |
Kyowa Kirin Co. Ltd. | 47,400 | 999,039 |
Kyushu Electric Power Co., Inc. | 88,500 | 555,461 |
Kyushu Railway Co. | 29,400 | 576,262 |
Lasertec Corp. | 14,500 | 1,937,220 |
Lawson, Inc. | 9,500 | 349,412 |
Lion Corp. | 55,800 | 574,932 |
Lixil Corp. | 54,400 | 956,805 |
M3, Inc. | 79,800 | 2,548,329 |
Makita Corp. | 52,300 | 1,545,823 |
Marubeni Corp. | 325,000 | 3,547,577 |
Marui Group Co. Ltd. | 38,900 | 669,760 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
MatsukiyoCocokara & Co. | 24,000 | 793,329 |
Mazda Motor Corp. | 112,200 | 796,705 |
McDonald's Holdings Co. Japan Ltd. | 14,000 | 555,420 |
Medipal Holdings Corp. | 39,200 | 645,561 |
MEIJI Holdings Co. Ltd. | 27,100 | 1,350,852 |
Mercari, Inc. * | 20,900 | 342,496 |
MINEBEA MITSUMI, Inc. | 75,700 | 1,452,393 |
MISUMI Group, Inc. | 53,100 | 1,331,447 |
Mitsubishi Chemical Holdings Corp. | 264,700 | 1,614,046 |
Mitsubishi Corp. | 277,900 | 9,330,638 |
Mitsubishi Electric Corp. | 400,800 | 4,198,096 |
Mitsubishi Estate Co. Ltd. | 260,300 | 3,791,681 |
Mitsubishi Gas Chemical Co., Inc. | 39,100 | 570,976 |
Mitsubishi HC Capital, Inc. | 148,400 | 667,722 |
Mitsubishi Heavy Industries Ltd. | 63,000 | 2,153,979 |
Mitsubishi Motors Corp. * | 129,600 | 324,131 |
Mitsubishi UFJ Financial Group, Inc. | 2,359,500 | 13,716,662 |
Mitsui & Co. Ltd. | 307,200 | 7,439,096 |
Mitsui Chemicals, Inc. | 38,200 | 872,790 |
Mitsui Fudosan Co. Ltd. | 180,600 | 3,827,592 |
Mitsui OSK Lines Ltd. | 67,500 | 1,580,251 |
Mizuho Financial Group, Inc. | 474,800 | 5,765,358 |
MonotaRO Co. Ltd. | 45,800 | 786,755 |
MS&AD Insurance Group Holdings, Inc. | 87,500 | 2,604,636 |
Murata Manufacturing Co. Ltd. | 120,100 | 7,158,860 |
Nabtesco Corp. | 22,600 | 515,452 |
Nagoya Railroad Co. Ltd. | 36,700 | 589,444 |
NEC Corp. | 50,900 | 1,974,710 |
Nexon Co. Ltd. | 87,200 | 1,985,641 |
NGK Insulators Ltd. | 50,300 | 676,617 |
NGK Spark Plug Co. Ltd. | 32,000 | 491,047 |
NH Foods Ltd. | 19,200 | 606,345 |
Nidec Corp. | 102,600 | 6,632,999 |
Nihon M&A Center Holdings, Inc. | 56,000 | 689,574 |
Nikon Corp. | 65,100 | 731,517 |
Nintendo Co. Ltd. | 21,900 | 9,994,957 |
Nippon Building Fund, Inc., REIT | 318 | 1,650,836 |
NIPPON EXPRESS HOLDINGS, Inc. | 15,300 | 897,051 |
Nippon Paint Holdings Co. Ltd. | 270,400 | 2,141,929 |
Nippon Prologis REIT, Inc., REIT | 498 | 1,378,350 |
Nippon Sanso Holdings Corp. | 39,600 | 712,622 |
Nippon Shinyaku Co. Ltd. | 11,500 | 777,789 |
Nippon Steel Corp. | 177,800 | 2,823,214 |
Nippon Telegraph & Telephone Corp. | 223,600 | 6,589,349 |
108 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — continued | ||
Nippon Yusen KK | 31,900 | 2,301,393 |
Nissan Chemical Corp. | 26,700 | 1,410,364 |
Nissan Motor Co. Ltd. * | 449,000 | 1,797,593 |
Nisshin Seifun Group, Inc. | 48,700 | 649,211 |
Nissin Foods Holdings Co. Ltd. | 15,700 | 1,092,133 |
Nitori Holdings Co. Ltd. | 16,300 | 1,676,933 |
Nitto Denko Corp. | 28,100 | 1,886,099 |
Nomura Holdings, Inc. | 574,500 | 2,212,087 |
Nomura Real Estate Holdings, Inc. | 21,800 | 531,173 |
Nomura Real Estate Master Fund, Inc., REIT | 878 | 1,102,364 |
Nomura Research Institute Ltd. | 80,900 | 2,287,563 |
NSK Ltd. | 91,600 | 506,890 |
NTT Data Corp. | 120,300 | 2,218,081 |
Obayashi Corp. | 134,700 | 926,351 |
Obic Co. Ltd. | 12,600 | 1,861,516 |
Odakyu Electric Railway Co. Ltd. | 64,800 | 981,270 |
Oji Holdings Corp. | 189,700 | 898,610 |
Olympus Corp. | 242,900 | 4,275,314 |
Omron Corp. | 38,500 | 2,269,732 |
Ono Pharmaceutical Co. Ltd. | 92,700 | 2,381,514 |
Open House Group Co. Ltd. | 13,900 | 537,856 |
Oracle Corp., Japan | 6,300 | 404,847 |
Oriental Land Co. Ltd. | 42,900 | 6,489,491 |
ORIX Corp. | 223,500 | 4,076,410 |
Orix JREIT, Inc., REIT | 516 | 697,488 |
Osaka Gas Co. Ltd. | 77,800 | 1,402,221 |
Otsuka Corp. | 22,000 | 720,986 |
Otsuka Holdings Co. Ltd. | 104,300 | 3,504,735 |
Pan Pacific International Holdings Corp. | 99,700 | 1,526,743 |
Panasonic Holdings Corp. | 436,000 | 3,886,154 |
Persol Holdings Co. Ltd. | 35,500 | 704,307 |
Pola Orbis Holdings, Inc. | 15,800 | 182,160 |
Rakuten Group, Inc. | 171,200 | 1,203,516 |
Recruit Holdings Co. Ltd. | 317,200 | 11,508,528 |
Renesas Electronics Corp. * | 261,200 | 2,789,085 |
Resona Holdings, Inc. | 448,100 | 1,948,531 |
Ricoh Co. Ltd. | 139,200 | 1,016,426 |
Rinnai Corp. | 7,300 | 466,612 |
Rohm Co. Ltd. | 16,300 | 1,138,732 |
Ryohin Keikaku Co. Ltd. | 49,200 | 442,167 |
Santen Pharmaceutical Co. Ltd. | 74,700 | 607,661 |
SBI Holdings, Inc. | 45,700 | 1,022,177 |
SCSK Corp. | 28,900 | 459,462 |
Secom Co. Ltd. | 40,200 | 2,828,250 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
Sega Sammy Holdings, Inc. | 32,800 | 581,204 |
Seibu Holdings, Inc. | 50,700 | 503,708 |
Seiko Epson Corp. | 58,000 | 817,077 |
Sekisui Chemical Co. Ltd. | 82,800 | 1,121,206 |
Sekisui House Ltd. | 121,300 | 2,106,731 |
Seven & i Holdings Co. Ltd. | 148,900 | 6,583,899 |
SG Holdings Co. Ltd. | 94,500 | 1,665,343 |
Sharp Corp. | 40,000 | 338,452 |
Shimadzu Corp. | 51,400 | 1,680,377 |
Shimano, Inc. | 15,700 | 2,781,796 |
Shimizu Corp. | 131,400 | 689,014 |
Shin-Etsu Chemical Co. Ltd. | 74,100 | 10,183,897 |
Shinsei Bank Ltd. | 23,600 | 413,848 |
Shionogi & Co. Ltd. | 53,000 | 2,948,174 |
Shiseido Co. Ltd. | 74,700 | 3,531,177 |
Shizuoka Bank Ltd. (The) | 111,200 | 719,472 |
Showa Denko KK | 34,800 | 677,151 |
SMC Corp. | 11,700 | 5,665,379 |
SoftBank Corp. | 519,200 | 6,042,379 |
SoftBank Group Corp. | 235,300 | 9,677,946 |
Sohgo Security Services Co. Ltd. | 16,200 | 450,017 |
Sojitz Corp. | 40,180 | 612,679 |
Sompo Holdings, Inc. | 64,900 | 2,642,079 |
Sony Group Corp. | 235,800 | 20,349,796 |
Square Enix Holdings Co. Ltd. | 16,700 | 666,760 |
Stanley Electric Co. Ltd. | 28,000 | 482,807 |
Subaru Corp. | 115,100 | 1,746,609 |
SUMCO Corp. | 60,100 | 865,540 |
Sumitomo Chemical Co. Ltd. | 309,000 | 1,313,931 |
Sumitomo Corp. | 234,000 | 3,702,732 |
Sumitomo Electric Industries Ltd. | 148,500 | 1,596,498 |
Sumitomo Heavy Industries Ltd. | 22,800 | 482,480 |
Sumitomo Metal Mining Co. Ltd. | 51,100 | 2,241,080 |
Sumitomo Mitsui Financial Group, Inc. | 257,000 | 7,764,984 |
Sumitomo Mitsui Trust Holdings, Inc. | 70,000 | 2,172,626 |
Sumitomo Pharma Co. Ltd. | 35,600 | 317,111 |
Sumitomo Realty & Development Co. Ltd. | 89,000 | 2,361,035 |
Sumitomo Rubber Industries Ltd. | 34,900 | 302,506 |
Sundrug Co. Ltd. | 12,800 | 298,011 |
Suntory Beverage & Food Ltd. | 23,500 | 925,924 |
Suzuki Motor Corp. | 91,800 | 2,767,322 |
Sysmex Corp. | 31,800 | 2,086,003 |
T&D Holdings, Inc. | 109,900 | 1,412,264 |
Taisei Corp. | 38,600 | 1,045,597 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 109 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — continued | ||
Taisho Pharmaceutical Holdings Co. Ltd. | 10,700 | 421,451 |
Takeda Pharmaceutical Co. Ltd. | 295,800 | 8,583,094 |
TDK Corp. | 72,600 | 2,242,739 |
Terumo Corp. | 142,000 | 4,226,651 |
TIS, Inc. | 40,800 | 916,342 |
Tobu Railway Co. Ltd. | 39,200 | 881,144 |
Toho Co. Ltd. | 26,100 | 968,504 |
Tohoku Electric Power Co., Inc. | 93,900 | 522,323 |
Tokio Marine Holdings, Inc. | 130,400 | 7,050,559 |
Tokyo Century Corp. | 9,000 | 277,219 |
Tokyo Electric Power Co. Holdings, Inc. * | 151,900 | 524,322 |
Tokyo Electron Ltd. | 29,400 | 12,405,233 |
Tokyo Gas Co. Ltd. | 76,500 | 1,465,316 |
Tokyu Corp. | 106,100 | 1,297,477 |
Tokyu Fudosan Holdings Corp. | 112,900 | 587,494 |
TOPPAN, Inc. | 65,400 | 1,081,041 |
Toray Industries, Inc. | 304,500 | 1,443,112 |
Toshiba Corp. | 80,900 | 3,359,642 |
Tosoh Corp. | 60,600 | 836,796 |
TOTO Ltd. | 29,700 | 1,000,855 |
Toyo Suisan Kaisha Ltd. | 19,000 | 586,651 |
Toyota Boshoku Corp. | 18,900 | 301,217 |
Toyota Industries Corp. | 38,300 | 2,297,112 |
Toyota Motor Corp. | 2,410,200 | 41,295,670 |
Toyota Tsusho Corp. | 44,300 | 1,591,577 |
Trend Micro, Inc. | 26,300 | 1,466,407 |
Tsuruha Holdings, Inc. | 7,600 | 388,421 |
Unicharm Corp. | 83,400 | 2,901,653 |
United Urban Investment Corp., REIT | 582 | 636,787 |
USS Co. Ltd. | 41,500 | 690,894 |
Welcia Holdings Co. Ltd. | 19,200 | 393,582 |
West Japan Railway Co. | 45,500 | 1,688,914 |
Workman Co. Ltd. | 4,400 | 150,239 |
Yakult Honsha Co. Ltd. | 30,000 | 1,553,419 |
Yamada Holdings Co. Ltd. | 134,400 | 401,329 |
Yamaha Corp. | 30,100 | 1,150,030 |
Yamaha Motor Co. Ltd. | 58,900 | 1,216,032 |
Yamato Holdings Co. Ltd. | 64,700 | 1,210,666 |
Yamazaki Baking Co. Ltd. | 33,300 | 411,659 |
Yaskawa Electric Corp. | 49,800 | 1,690,982 |
Yokogawa Electric Corp. | 44,600 | 711,035 |
Z Holdings Corp. | 485,900 | 1,907,565 |
ZOZO, Inc. | 20,900 | 437,594 |
688,919,431 |
INVESTMENTS | SHARES | VALUE($) |
Jordan — 0.0% ^ | ||
Hikma Pharmaceuticals plc | 33,778 | 793,459 |
Luxembourg — 0.2% | ||
ArcelorMittal SA | 113,992 | 3,323,745 |
Eurofins Scientific SE | 24,088 | 2,238,686 |
RTL Group SA | 6,983 | 363,098 |
5,925,529 | ||
Macau — 0.1% | ||
Galaxy Entertainment Group Ltd. | 375,000 | 2,139,813 |
Sands China Ltd. * | 454,000 | 1,000,696 |
3,140,509 | ||
Mexico — 0.0% ^ | ||
Fresnillo plc | 34,675 | 335,522 |
Netherlands — 5.1% | ||
Adyen NV * (b) | 5,790 | 9,711,528 |
Aegon NV | 263,903 | 1,368,253 |
Akzo Nobel NV | 33,962 | 2,946,084 |
Argenx SE * | 9,475 | 2,729,828 |
Argenx SE * | 51 | 14,763 |
ASM International NV | 7,177 | 2,156,632 |
ASML Holding NV | 76,012 | 43,139,738 |
EXOR NV | 21,182 | 1,469,921 |
HAL Trust | 16,187 | 2,334,720 |
Heineken Holding NV | 18,852 | 1,471,629 |
Heineken NV | 44,163 | 4,310,797 |
ING Groep NV (a) | 730,060 | 6,916,740 |
JDE Peet's NV | 16,055 | 472,323 |
Koninklijke Ahold Delhaize NV | 195,553 | 5,768,026 |
Koninklijke DSM NV | 32,686 | 5,494,831 |
Koninklijke KPN NV | 649,385 | 2,240,763 |
Koninklijke Philips NV | 165,291 | 4,319,238 |
NN Group NV | 59,709 | 2,924,643 |
Randstad NV | 23,393 | 1,237,002 |
Shell plc | 1,430,569 | 38,404,905 |
Universal Music Group NV | 247,547 | 5,744,679 |
Wolters Kluwer NV | 49,091 | 4,957,347 |
150,134,390 | ||
New Zealand — 0.2% | ||
a2 Milk Co. Ltd. (The) * | 139,935 | 443,411 |
Auckland International Airport Ltd. * | 225,818 | 1,134,285 |
Contact Energy Ltd. | 146,085 | 767,474 |
Fisher & Paykel Healthcare Corp. Ltd. | 107,715 | 1,480,233 |
Fletcher Building Ltd. | 152,259 | 606,527 |
110 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
New Zealand — continued | ||
Mercury NZ Ltd. | 117,953 | 457,311 |
Meridian Energy Ltd. | 226,649 | 687,893 |
Ryman Healthcare Ltd. | 79,057 | 467,881 |
Spark New Zealand Ltd. | 347,582 | 1,099,295 |
7,144,310 | ||
Norway — 0.8% | ||
Aker ASA, Class A (a) | 4,473 | 364,598 |
Aker BP ASA (a) | 23,442 | 839,901 |
AutoStore Holdings Ltd. * (a) | 166,377 | 371,071 |
DNB Bank ASA (a) | 168,450 | 3,264,109 |
Equinor ASA | 201,033 | 6,794,832 |
Gjensidige Forsikring ASA (a) | 35,332 | 755,377 |
Kongsberg Gruppen ASA | 16,836 | 723,150 |
Leroy Seafood Group ASA | 52,694 | 494,548 |
Mowi ASA | 83,968 | 2,371,848 |
Norsk Hydro ASA | 254,867 | 2,140,252 |
Orkla ASA | 140,452 | 1,139,718 |
Salmar ASA | 10,573 | 865,186 |
Schibsted ASA, Class A (a) | 14,351 | 299,059 |
Schibsted ASA, Class B | 18,818 | 364,148 |
Storebrand ASA | 88,261 | 766,652 |
Telenor ASA | 120,151 | 1,694,546 |
TOMRA Systems ASA | 21,867 | 859,929 |
24,108,924 | ||
Poland — 0.3% | ||
Allegro.eu SA * (b) | 73,179 | 376,395 |
Bank Polska Kasa Opieki SA | 32,699 | 718,569 |
CD Projekt SA | 13,267 | 359,070 |
Cyfrowy Polsat SA | 49,941 | 272,918 |
Dino Polska SA * (b) | 9,039 | 584,749 |
ING Bank Slaski SA | 6,127 | 271,097 |
KGHM Polska Miedz SA | 25,287 | 817,989 |
LPP SA | 197 | 416,297 |
mBank SA * | 2,466 | 165,054 |
PGE Polska Grupa Energetyczna SA * | 151,323 | 336,532 |
Polski Koncern Naftowy ORLEN SA | 54,389 | 918,872 |
Polskie Gornictwo Naftowe i Gazownictwo SA | 304,524 | 426,659 |
Powszechna Kasa Oszczednosci Bank Polski SA * | 161,240 | 1,190,039 |
Powszechny Zaklad Ubezpieczen SA | 105,968 | 732,636 |
Santander Bank Polska SA | 6,354 | 386,941 |
7,973,817 |
INVESTMENTS | SHARES | VALUE($) |
Portugal — 0.2% | ||
EDP - Energias de Portugal SA | 548,777 | 2,557,665 |
Galp Energia SGPS SA | 85,084 | 1,035,613 |
Jeronimo Martins SGPS SA | 51,779 | 1,077,864 |
4,671,142 | ||
Russia — 0.0% ^ | ||
Evraz plc ‡ | 96,418 | 4,964 |
Singapore — 1.4% | ||
Ascendas, REIT | 630,100 | 1,296,418 |
CapitaLand Integrated Commercial Trust, REIT | 949,737 | 1,591,372 |
Capitaland Investment Ltd. * | 466,400 | 1,414,219 |
City Developments Ltd. | 88,700 | 543,830 |
DBS Group Holdings Ltd. | 336,400 | 8,161,277 |
Frasers Property Ltd. | 157,900 | 124,452 |
Genting Singapore Ltd. * | 1,066,400 | 619,143 |
Great Eastern Holdings Ltd. | 10,900 | 160,339 |
Jardine Cycle & Carriage Ltd. | 18,400 | 383,500 |
Keppel Corp. Ltd. | 267,700 | 1,320,243 |
Mapletree Commercial Trust, REIT | 413,600 | 556,260 |
Olam Group Ltd. | 166,400 | 203,345 |
Oversea-Chinese Banking Corp. Ltd. | 747,600 | 6,637,633 |
SATS Ltd. * | 127,600 | 416,624 |
Singapore Airlines Ltd. * | 249,650 | 984,036 |
Singapore Exchange Ltd. | 153,700 | 1,081,487 |
Singapore Technologies Engineering Ltd. | 285,500 | 840,830 |
Singapore Telecommunications Ltd. | 1,324,900 | 2,644,229 |
STMicroelectronics NV | 122,599 | 4,529,684 |
United Overseas Bank Ltd. | 287,600 | 6,156,439 |
UOL Group Ltd. * | 88,000 | 462,399 |
Venture Corp. Ltd. | 50,400 | 618,707 |
40,746,466 | ||
South Africa — 0.4% | ||
Anglo American plc | 252,181 | 11,169,345 |
South Korea — 0.0% ^ | ||
Delivery Hero SE * (b) | 35,601 | 1,251,481 |
Spain — 2.4% | ||
Acciona SA | 4,617 | 903,766 |
ACS Actividades de Construccion y Servicios SA | 47,847 | 1,225,135 |
Aena SME SA * (b) | 13,718 | 1,946,715 |
Amadeus IT Group SA * | 84,244 | 5,278,975 |
Banco Bilbao Vizcaya Argentaria SA | 1,246,907 | 6,542,833 |
Banco Santander SA (a) | 3,242,732 | 9,476,399 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 111 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Spain — continued | ||
CaixaBank SA (a) | 813,971 | 2,627,414 |
Cellnex Telecom SA (b) | 106,710 | 4,973,786 |
Corp. ACCIONA Energias Renovables SA | 10,402 | 384,533 |
EDP Renovaveis SA (a) | 44,906 | 1,062,797 |
Enagas SA | 47,326 | 1,023,316 |
Endesa SA | 59,397 | 1,244,810 |
Ferrovial SA | 93,106 | 2,387,644 |
Grifols SA | 54,984 | 920,913 |
Grifols SA (Preference), Class B | 49,209 | 534,174 |
Iberdrola SA | 1,095,491 | 12,588,070 |
Industria de Diseno Textil SA | 209,412 | 4,390,798 |
Mapfre SA | 183,229 | 334,367 |
Naturgy Energy Group SA (a) | 61,530 | 1,850,965 |
Red Electrica Corp. SA | 80,947 | 1,629,808 |
Repsol SA | 263,714 | 3,934,056 |
Siemens Gamesa Renewable Energy SA * | 42,033 | 669,525 |
Telefonica SA | 1,026,658 | 4,994,324 |
70,925,123 | ||
Sweden — 3.5% | ||
Alfa Laval AB (a) | 55,585 | 1,547,279 |
Assa Abloy AB, Class B | 185,459 | 4,686,947 |
Atlas Copco AB, Class A | 120,866 | 5,479,687 |
Atlas Copco AB, Class B (a) | 72,831 | 2,882,489 |
Axfood AB (a) | 19,747 | 585,405 |
Beijer Ref AB | 46,337 | 754,551 |
Boliden AB (a) | 51,147 | 2,217,794 |
Castellum AB (a) | 53,487 | 1,059,222 |
Electrolux AB, Class B (a) | 47,239 | 720,414 |
Elekta AB, Class B (a) | 65,204 | 439,167 |
Embracer Group AB * (a) | 123,337 | 824,386 |
Epiroc AB, Class A (a) | 117,075 | 2,373,469 |
Epiroc AB, Class B | 72,926 | 1,272,256 |
EQT AB | 51,543 | 1,458,761 |
Essity AB, Class A | 5,307 | 141,330 |
Essity AB, Class B (a) | 112,846 | 2,975,860 |
Evolution AB (b) | 33,790 | 3,466,797 |
Fabege AB | 50,722 | 615,671 |
Fastighets AB Balder, Class B * | 19,665 | 974,741 |
Getinge AB, Class B | 40,795 | 1,180,109 |
H & M Hennes & Mauritz AB, Class B (a) | 139,038 | 1,750,361 |
Hexagon AB, Class B * (a) | 388,249 | 5,009,550 |
Hexpol AB | 49,012 | 420,825 |
Holmen AB, Class B | 17,323 | 1,001,248 |
Husqvarna AB, Class A | 4,621 | 44,634 |
INVESTMENTS | SHARES | VALUE($) |
Sweden — continued | ||
Husqvarna AB, Class B (a) | 77,467 | 740,515 |
Industrivarden AB, Class A (a) | 34,073 | 873,037 |
Industrivarden AB, Class C (a) | 31,935 | 804,107 |
Indutrade AB | 49,715 | 1,172,669 |
Intrum AB * | 13,979 | 337,915 |
Investment AB Latour, Class B | 25,327 | 670,977 |
Investor AB, Class A (a) | 107,247 | 2,240,016 |
Investor AB, Class B | 340,705 | 6,556,154 |
Kinnevik AB, Class A * | 1,576 | 34,333 |
Kinnevik AB, Class B * | 45,283 | 886,300 |
L E Lundbergforetagen AB, Class B | 12,024 | 562,319 |
Lifco AB, Class B * | 39,629 | 831,244 |
Lundin Energy AB (a) | 35,823 | 1,481,133 |
Nibe Industrier AB, Class B | 263,395 | 2,582,431 |
Nordnet AB publ | 30,579 | 530,385 |
Saab AB, Class B | 15,322 | 648,104 |
Sagax AB, Class B | 31,212 | 797,293 |
Sagax AB, Class D | 20,655 | 63,630 |
Samhallsbyggnadsbolaget i Norden AB (a) | 213,637 | 671,070 |
Samhallsbyggnadsbolaget i Norden AB, Class D (a) | 27,751 | 72,800 |
Sandvik AB | 204,079 | 3,862,871 |
Securitas AB, Class B | 60,507 | 714,394 |
Sinch AB * (b) | 127,651 | 564,140 |
Skandinaviska Enskilda Banken AB, Class C (a) | 2,654 | 32,337 |
Skandinaviska Enskilda Banken AB, Class A | 300,304 | 3,367,638 |
Skanska AB, Class B | 74,702 | 1,426,972 |
SKF AB, Class A (a) | 2,719 | 53,366 |
SKF AB, Class B | 70,708 | 1,154,852 |
SSAB AB, Class A | 41,798 | 265,464 |
SSAB AB, Class B (a) | 117,830 | 692,914 |
Storskogen Group AB, Class B * (a) | 184,273 | 388,685 |
Svenska Cellulosa AB SCA, Class A | 5,842 | 114,696 |
Svenska Cellulosa AB SCA, Class B | 112,106 | 2,169,565 |
Svenska Handelsbanken AB, Class B (a) | 6,947 | 78,418 |
Svenska Handelsbanken AB, Class A | 287,304 | 2,897,840 |
Swedbank AB, Class A | 173,584 | 2,745,967 |
Swedish Match AB | 294,895 | 2,348,774 |
Tele2 AB, Class B (a) | 93,658 | 1,241,370 |
Telefonaktiebolaget LM Ericsson, Class A | 11,518 | 97,433 |
Telefonaktiebolaget LM Ericsson, Class B | 540,071 | 4,308,268 |
Telia Co. AB | 466,956 | 1,938,154 |
Trelleborg AB, Class B | 45,362 | 994,951 |
Vitrolife AB | 13,651 | 351,009 |
112 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Sweden — continued | ||
Volvo AB, Class A | 36,012 | 592,060 |
Volvo AB, Class B | 297,046 | 4,738,906 |
Volvo Car AB, Class B * (a) | 100,099 | 734,344 |
104,314,773 | ||
Switzerland — 9.8% | ||
ABB Ltd. (Registered) | 334,029 | 10,021,525 |
Adecco Group AG (Registered) | 31,458 | 1,213,961 |
Alcon, Inc. | 93,445 | 6,672,054 |
Baloise Holding AG (Registered) | 8,564 | 1,489,630 |
Barry Callebaut AG (Registered) | 561 | 1,291,173 |
Chocoladefabriken Lindt & Spruengli AG | 199 | 2,231,784 |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 21 | 2,491,288 |
Cie Financiere Richemont SA (Registered) | 97,614 | 11,341,842 |
Credit Suisse Group AG (Registered) | 470,909 | 3,196,211 |
EMS-Chemie Holding AG (Registered) | 1,267 | 1,130,322 |
Geberit AG (Registered) | 6,696 | 3,818,554 |
Givaudan SA (Registered) | 1,486 | 5,906,139 |
Holcim AG * | 96,752 | 4,730,740 |
Julius Baer Group Ltd. | 41,290 | 1,973,160 |
Kuehne + Nagel International AG (Registered) | 9,466 | 2,648,078 |
Lonza Group AG (Registered) | 13,925 | 8,210,658 |
Mediclinic International plc * | 76,313 | 353,783 |
Nestle SA (Registered) | 526,407 | 67,956,032 |
Novartis AG (Registered) | 455,241 | 40,229,335 |
Partners Group Holding AG | 4,244 | 4,496,507 |
Roche Holding AG | 131,380 | 48,717,550 |
Roche Holding AG | 4,978 | 1,999,889 |
Schindler Holding AG | 7,600 | 1,460,155 |
Schindler Holding AG (Registered) | 3,744 | 718,752 |
SGS SA (Registered) | 1,133 | 2,911,268 |
Sika AG (Registered) | 28,635 | 8,746,797 |
Sonova Holding AG (Registered) | 9,923 | 3,578,493 |
Straumann Holding AG (Registered) | 21,430 | 2,526,418 |
Swatch Group AG (The) | 5,411 | 1,388,694 |
Swatch Group AG (The) (Registered) | 10,116 | 499,065 |
Swiss Life Holding AG (Registered) | 5,885 | 3,441,051 |
Swisscom AG (Registered) (a) | 4,738 | 2,801,583 |
Temenos AG (Registered) | 12,579 | 1,269,797 |
UBS Group AG (Registered) | 692,360 | 11,753,947 |
Vifor Pharma AG | 8,735 | 1,544,957 |
Zurich Insurance Group AG | 28,136 | 12,809,475 |
287,570,667 |
INVESTMENTS | SHARES | VALUE($) |
United Arab Emirates — 0.0% ^ | ||
NMC Health plc ‡ * | 300 | — |
United Kingdom — 12.3% | ||
3i Group plc | 181,990 | 2,978,311 |
abrdn plc | 407,799 | 957,564 |
Admiral Group plc | 50,878 | 1,601,501 |
Allfunds Group plc | 35,543 | 304,693 |
Ashtead Group plc | 84,022 | 4,344,547 |
ASOS plc * | 13,160 | 229,148 |
Associated British Foods plc | 66,621 | 1,333,136 |
AstraZeneca plc | 289,740 | 38,663,264 |
Auto Trader Group plc (b) | 181,685 | 1,433,887 |
AVEVA Group plc | 22,983 | 617,693 |
Aviva plc | 703,162 | 3,772,555 |
B&M European Value Retail SA | 159,147 | 975,108 |
BAE Systems plc | 603,028 | 5,569,963 |
Barclays plc | 2,980,458 | 5,478,507 |
Barratt Developments plc | 190,848 | 1,167,616 |
Berkeley Group Holdings plc * | 21,009 | 1,065,503 |
BP plc | 3,706,022 | 17,891,916 |
Bridgepoint Group plc (b) | 41,337 | 159,160 |
British American Tobacco plc | 427,229 | 17,906,168 |
British Land Co. plc (The), REIT | 175,401 | 1,129,831 |
BT Group plc | 1,640,370 | 3,637,664 |
Bunzl plc | 63,094 | 2,434,206 |
Burberry Group plc | 75,565 | 1,491,310 |
Centrica plc * | 1,099,850 | 1,089,720 |
CK Hutchison Holdings Ltd. | 503,000 | 3,530,017 |
CNH Industrial NV | 186,256 | 2,638,557 |
Coca-Cola Europacific Partners plc | 37,475 | 1,871,876 |
Compass Group plc | 333,874 | 7,045,359 |
ConvaTec Group plc (b) | 299,443 | 792,114 |
Croda International plc | 26,654 | 2,588,811 |
Darktrace plc * | 58,378 | 314,906 |
DCC plc | 18,950 | 1,435,822 |
Dechra Pharmaceuticals plc | 20,266 | 918,361 |
Deliveroo plc * (b) | 75,087 | 103,775 |
Derwent London plc, REIT | 21,221 | 805,166 |
Diageo plc | 435,979 | 21,750,486 |
Direct Line Insurance Group plc | 254,279 | 807,051 |
Dr. Martens plc | 107,133 | 280,112 |
DS Smith plc | 256,919 | 1,055,749 |
easyJet plc * | 106,108 | 735,275 |
Entain plc * | 109,476 | 2,057,089 |
Experian plc | 181,301 | 6,261,113 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 113 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United Kingdom — continued | ||
Halma plc | 70,858 | 2,175,025 |
Harbour Energy plc | 106,265 | 666,388 |
Hargreaves Lansdown plc | 66,523 | 761,578 |
Hiscox Ltd. | 66,039 | 784,165 |
Howden Joinery Group plc | 112,736 | 1,067,330 |
HSBC Holdings plc | 3,852,066 | 24,072,052 |
Imperial Brands plc | 177,539 | 3,695,568 |
Informa plc * | 281,085 | 1,993,989 |
InterContinental Hotels Group plc | 35,036 | 2,236,689 |
Intermediate Capital Group plc | 55,000 | 1,052,506 |
Intertek Group plc | 30,123 | 1,877,114 |
ITV plc | 677,483 | 625,624 |
J Sainsbury plc | 327,186 | 954,649 |
JD Sports Fashion plc | 460,346 | 758,501 |
Johnson Matthey plc | 37,202 | 1,023,364 |
Kingfisher plc | 385,485 | 1,215,655 |
Land Securities Group plc, REIT | 140,497 | 1,317,661 |
Legal & General Group plc | 1,116,479 | 3,480,172 |
Lloyds Banking Group plc | 13,284,265 | 7,544,980 |
London Stock Exchange Group plc | 60,586 | 5,973,279 |
M&G plc | 486,188 | 1,290,803 |
Marks & Spencer Group plc * | 366,273 | 625,272 |
Meggitt plc * | 145,958 | 1,415,051 |
Melrose Industries plc | 817,653 | 1,188,130 |
National Grid plc | 724,871 | 10,769,392 |
NatWest Group plc | 962,306 | 2,581,663 |
Next plc | 24,814 | 1,858,586 |
Ocado Group plc * | 120,630 | 1,379,603 |
Oxford Nanopore Technologies plc * | 70,002 | 266,546 |
Pearson plc | 141,484 | 1,373,782 |
Pepco Group NV * (b) | 18,175 | 169,736 |
Persimmon plc | 59,577 | 1,551,640 |
Phoenix Group Holdings plc | 158,879 | 1,203,413 |
Prudential plc | 513,580 | 6,393,275 |
Reckitt Benckiser Group plc | 137,734 | 10,741,269 |
RELX plc | 370,715 | 11,043,778 |
Rentokil Initial plc | 347,698 | 2,388,085 |
Rightmove plc | 163,731 | 1,258,616 |
Rolls-Royce Holdings plc * | 1,561,757 | 1,601,052 |
Royal Mail plc | 146,888 | 629,606 |
Sage Group plc (The) | 209,187 | 1,919,624 |
Schroders plc | 22,824 | 805,692 |
Schroders plc (Non-Voting) | 9,472 | 278,756 |
Segro plc, REIT | 224,860 | 3,764,628 |
INVESTMENTS | SHARES | VALUE($) |
United Kingdom — continued | ||
Severn Trent plc | 47,530 | 1,868,002 |
Smith & Nephew plc | 165,472 | 2,682,063 |
Smiths Group plc | 74,120 | 1,356,344 |
Spirax-Sarco Engineering plc | 13,766 | 2,077,228 |
SSE plc | 196,026 | 4,552,865 |
St James's Place plc | 100,832 | 1,620,329 |
Standard Chartered plc | 477,915 | 3,267,181 |
Tate & Lyle plc | 87,441 | 849,892 |
Taylor Wimpey plc | 682,293 | 1,073,081 |
Tesco plc | 1,430,468 | 4,859,758 |
THG plc * | 135,008 | 181,262 |
Travis Perkins plc | 41,844 | 638,222 |
Unilever plc | 491,674 | 22,857,983 |
United Utilities Group plc | 127,269 | 1,828,908 |
Vodafone Group plc | 5,011,583 | 7,587,333 |
Weir Group plc (The) | 48,549 | 933,330 |
Whitbread plc * | 37,668 | 1,314,871 |
Wise plc, Class A * | 78,405 | 384,221 |
WPP plc | 227,143 | 2,831,308 |
363,763,078 | ||
United States — 2.0% | ||
Avast plc (b) | 121,962 | 864,957 |
Carnival plc * | 29,449 | 461,709 |
Ferguson plc | 43,417 | 5,446,627 |
GlaxoSmithKline plc | 936,727 | 21,116,241 |
James Hardie Industries plc, CHDI | 83,104 | 2,395,744 |
JS Global Lifestyle Co. Ltd. (b) | 159,000 | 188,623 |
QIAGEN NV * | 43,165 | 1,990,644 |
Schneider Electric SE | 106,411 | 15,266,689 |
Stellantis NV | 415,922 | 5,584,025 |
Swiss Re AG | 54,028 | 4,430,666 |
Tenaris SA | 85,610 | 1,308,308 |
59,054,233 | ||
Total Common Stocks (Cost $2,828,172,941) | 2,914,099,386 | |
Short-Term Investments — 3.1% | ||
Investment Companies — 0.4% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d)(Cost $9,889,216) | 9,889,216 | 9,889,216 |
Investment of Cash Collateral from Securities Loaned — 2.7% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (c) (d) | 61,030,734 | 60,988,012 |
114 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Short-Term Investments — continued | ||
Investment of Cash Collateral from Securities Loaned — continued | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 19,464,695 | 19,464,695 |
Total Investment of Cash Collateral from Securities Loaned (Cost $80,457,110) | 80,452,707 | |
Total Short-Term Investments (Cost $90,346,326) | 90,341,923 | |
Total Investments — 102.0% (Cost $2,918,519,267) | 3,004,441,309 | |
Liabilities in Excess of Other Assets — (2.0)% | (58,857,997) | |
NET ASSETS — 100.0% | 2,945,583,312 | |
Percentages indicated are based on net assets. |
Abbreviations | |
APAC | Asia Pacific |
CHDI | Clearing House Electronic Subregister System (CHESS) Depository Interest |
CVA | Dutch Certification |
OYJ | Public Limited Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
REIT | Real Estate Investment Trust |
SCA | Limited partnership with share capital |
SDR | Swedish Depositary Receipt |
SGPS | Holding company |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $65,283,866. | |
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Pharmaceuticals | 9.2% |
Banks | 8.7 |
Insurance | 5.0 |
Oil, Gas & Consumable Fuels | 4.1 |
Metals & Mining | 3.8 |
Food Products | 3.7 |
Automobiles | 3.5 |
Chemicals | 3.2 |
Machinery | 2.9 |
Textiles, Apparel & Luxury Goods | 2.8 |
Semiconductors & Semiconductor Equipment | 2.7 |
Capital Markets | 2.6 |
Electric Utilities | 2.0 |
Beverages | 1.9 |
Diversified Telecommunication Services | 1.9 |
Health Care Equipment & Supplies | 1.9 |
Electrical Equipment | 1.9 |
Trading Companies & Distributors | 1.8 |
IT Services | 1.7 |
Personal Products | 1.6 |
Professional Services | 1.6 |
Food & Staples Retailing | 1.5 |
Industrial Conglomerates | 1.5 |
Electronic Equipment, Instruments & Components | 1.5 |
Wireless Telecommunication Services | 1.3 |
Equity Real Estate Investment Trusts (REITs) | 1.2 |
Aerospace & Defense | 1.2 |
Software | 1.2 |
Real Estate Management & Development | 1.1 |
Hotels, Restaurants & Leisure | 1.1 |
Building Products | 1.1 |
Household Durables | 1.0 |
Others (each less than 1.0%) | 14.8 |
Short-Term Investments | 3.0 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 115 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
MSCI EAFE E-Mini Index | 318 | 06/17/2022 | USD | 31,723,680 | (1,004,203) |
Abbreviations | |
EAFE | Europe, Australasia, and Far East |
MSCI | Morgan Stanley Capital International |
USD | United States Dollar |
116 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 98.7% | ||
Air Freight & Logistics — 0.4% | ||
SG Holdings Co. Ltd. | 966,100 | 17,025,270 |
Yamato Holdings Co. Ltd. | 660,700 | 12,363,017 |
29,388,287 | ||
Airlines — 0.1% | ||
ANA Holdings, Inc. * (a) | 304,900 | 5,747,565 |
Japan Airlines Co. Ltd. * | 276,100 | 4,558,268 |
10,305,833 | ||
Auto Components — 2.2% | ||
Aisin Corp. | 349,500 | 10,153,172 |
Bridgestone Corp. | 1,157,100 | 42,411,995 |
Denso Corp. | 992,200 | 60,469,888 |
Koito Manufacturing Co. Ltd. | 245,000 | 8,990,164 |
NGK Spark Plug Co. Ltd. | 326,600 | 5,011,749 |
Stanley Electric Co. Ltd. | 287,700 | 4,960,843 |
Sumitomo Electric Industries Ltd. | 1,515,200 | 16,289,660 |
Sumitomo Rubber Industries Ltd. | 357,100 | 3,095,266 |
Toyota Boshoku Corp. | 192,200 | 3,063,174 |
154,445,911 | ||
Automobiles — 8.6% | ||
Honda Motor Co. Ltd. | 3,283,300 | 86,362,456 |
Isuzu Motors Ltd. | 1,185,500 | 13,829,786 |
Mazda Motor Corp. | 1,145,200 | 8,131,785 |
Mitsubishi Motors Corp. * | 1,307,700 | 3,270,570 |
Nissan Motor Co. Ltd. * | 4,590,000 | 18,376,282 |
Subaru Corp. | 1,173,200 | 17,802,971 |
Suzuki Motor Corp. | 936,400 | 28,227,886 |
Toyota Motor Corp. | 24,591,400 | 421,341,938 |
Yamaha Motor Co. Ltd. | 601,700 | 12,422,516 |
609,766,190 | ||
Banks — 5.1% | ||
Bank of Kyoto Ltd. (The) | 144,900 | 6,312,950 |
Chiba Bank Ltd. (The) | 1,414,800 | 8,153,902 |
Concordia Financial Group Ltd. | 2,307,400 | 8,396,871 |
Fukuoka Financial Group, Inc. | 365,200 | 6,672,678 |
Mitsubishi UFJ Financial Group, Inc. | 24,073,900 | 139,950,647 |
Mizuho Financial Group, Inc. | 4,843,800 | 58,816,852 |
Resona Holdings, Inc. | 4,581,000 | 19,920,157 |
Shinsei Bank Ltd. | 241,800 | 4,240,187 |
Shizuoka Bank Ltd. (The) | 1,135,800 | 7,348,709 |
Sumitomo Mitsui Financial Group, Inc. | 2,621,500 | 79,205,863 |
Sumitomo Mitsui Trust Holdings, Inc. | 715,200 | 22,198,034 |
361,216,850 |
INVESTMENTS | SHARES | VALUE($) |
Beverages — 1.0% | ||
Asahi Group Holdings Ltd. | 968,100 | 36,490,444 |
Kirin Holdings Co. Ltd. | 1,587,400 | 23,140,680 |
Suntory Beverage & Food Ltd. | 241,400 | 9,511,406 |
69,142,530 | ||
Building Products — 1.7% | ||
AGC, Inc. | 434,600 | 16,292,903 |
Daikin Industries Ltd. | 558,500 | 85,348,688 |
Lixil Corp. | 555,300 | 9,766,797 |
TOTO Ltd. | 304,000 | 10,244,437 |
121,652,825 | ||
Capital Markets — 0.9% | ||
Daiwa Securities Group, Inc. | 2,917,700 | 14,300,022 |
Japan Exchange Group, Inc. | 1,008,100 | 15,011,021 |
Nomura Holdings, Inc. | 5,861,600 | 22,569,834 |
SBI Holdings, Inc. | 467,100 | 10,447,683 |
62,328,560 | ||
Chemicals — 4.1% | ||
Air Water, Inc. | 438,900 | 5,825,477 |
Asahi Kasei Corp. | 2,660,000 | 21,824,479 |
JSR Corp. | 409,100 | 11,109,161 |
Kansai Paint Co. Ltd. | 493,100 | 6,790,937 |
Kuraray Co. Ltd. | 677,400 | 5,417,667 |
Mitsubishi Chemical Holdings Corp. | 2,700,700 | 16,467,908 |
Mitsubishi Gas Chemical Co., Inc. | 395,800 | 5,779,853 |
Mitsui Chemicals, Inc. | 390,200 | 8,915,251 |
Nippon Paint Holdings Co. Ltd. (a) | 2,758,700 | 21,852,592 |
Nippon Sanso Holdings Corp. | 404,200 | 7,273,780 |
Nissan Chemical Corp. | 273,800 | 14,462,834 |
Nitto Denko Corp. | 286,300 | 19,216,734 |
Shin-Etsu Chemical Co. Ltd. | 755,500 | 103,831,767 |
Showa Denko KK | 353,600 | 6,880,479 |
Sumitomo Chemical Co. Ltd. | 3,157,700 | 13,427,188 |
Toray Industries, Inc. | 3,113,300 | 14,754,812 |
Tosoh Corp. | 620,000 | 8,561,284 |
292,392,203 | ||
Commercial Services & Supplies — 0.8% | ||
Dai Nippon Printing Co. Ltd. | 526,800 | 11,009,084 |
Secom Co. Ltd. | 408,700 | 28,753,880 |
Sohgo Security Services Co. Ltd. | 165,100 | 4,586,286 |
TOPPAN, Inc. | 667,800 | 11,038,518 |
55,387,768 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 117 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Construction & Engineering — 0.6% | ||
Kajima Corp. | 947,200 | 10,556,052 |
Kinden Corp. | 249,900 | 2,961,199 |
Obayashi Corp. | 1,376,600 | 9,467,074 |
Shimizu Corp. | 1,337,800 | 7,014,935 |
Taisei Corp. | 393,800 | 10,667,256 |
40,666,516 | ||
Consumer Finance — 0.1% | ||
Acom Co. Ltd. | 866,100 | 2,227,371 |
Marui Group Co. Ltd. | 397,600 | 6,845,669 |
9,073,040 | ||
Diversified Financial Services — 0.7% | ||
Mitsubishi HC Capital, Inc. | 1,511,800 | 6,802,302 |
ORIX Corp. | 2,281,000 | 41,603,094 |
Tokyo Century Corp. | 91,100 | 2,806,072 |
51,211,468 | ||
Diversified Telecommunication Services — 0.9% | ||
Nippon Telegraph & Telephone Corp. | 2,280,800 | 67,213,716 |
Electric Utilities — 0.7% | ||
Chubu Electric Power Co., Inc. | 1,373,900 | 13,869,612 |
Chugoku Electric Power Co., Inc. (The) (a) | 620,200 | 4,084,958 |
Kansai Electric Power Co., Inc. (The) | 1,576,900 | 13,823,106 |
Kyushu Electric Power Co., Inc. | 905,100 | 5,680,767 |
Tohoku Electric Power Co., Inc. | 960,400 | 5,342,268 |
Tokyo Electric Power Co. Holdings, Inc. * | 1,532,900 | 5,291,196 |
48,091,907 | ||
Electrical Equipment — 1.7% | ||
Fuji Electric Co. Ltd. | 285,400 | 12,514,996 |
Mitsubishi Electric Corp. | 4,097,600 | 42,919,456 |
Nidec Corp. | 1,047,300 | 67,707,012 |
123,141,464 | ||
Electronic Equipment, Instruments & Components — 5.0% | ||
Hamamatsu Photonics KK | 281,000 | 12,572,833 |
Hirose Electric Co. Ltd. | 63,700 | 8,081,870 |
Ibiden Co. Ltd. | 254,600 | 9,514,878 |
Keyence Corp. | 367,000 | 147,535,557 |
Kyocera Corp. | 670,500 | 35,205,914 |
Murata Manufacturing Co. Ltd. | 1,224,900 | 73,013,223 |
Omron Corp. | 393,200 | 23,180,742 |
Shimadzu Corp. | 525,600 | 17,182,996 |
INVESTMENTS | SHARES | VALUE($) |
Electronic Equipment, Instruments & Components — continued | ||
TDK Corp. | 742,400 | 22,934,017 |
Yokogawa Electric Corp. | 456,200 | 7,272,963 |
356,494,993 | ||
Entertainment — 2.3% | ||
Capcom Co. Ltd. | 310,000 | 8,180,007 |
Koei Tecmo Holdings Co. Ltd. | 114,300 | 3,505,011 |
Konami Holdings Corp. | 190,500 | 11,714,492 |
Nexon Co. Ltd. | 892,400 | 20,320,937 |
Nintendo Co. Ltd. | 223,200 | 101,866,406 |
Square Enix Holdings Co. Ltd. | 170,100 | 6,791,374 |
Toho Co. Ltd. | 265,800 | 9,863,159 |
162,241,386 | ||
Equity Real Estate Investment Trusts (REITs) — 1.6% | ||
Advance Residence Investment Corp. | 2,632 | 7,230,268 |
Daiwa House REIT Investment Corp. | 4,022 | 9,789,558 |
GLP J-REIT | 8,562 | 11,553,346 |
Japan Metropolitan Fund Invest | 13,325 | 10,591,098 |
Japan Prime Realty Investment Corp. | 1,890 | 5,733,807 |
Japan Real Estate Investment Corp. | 2,632 | 12,738,511 |
Nippon Building Fund, Inc. | 3,240 | 16,819,835 |
Nippon Prologis REIT, Inc. | 5,102 | 14,121,164 |
Nomura Real Estate Master Fund, Inc. | 9,001 | 11,301,111 |
Orix JREIT, Inc. | 5,268 | 7,120,865 |
United Urban Investment Corp. | 5,954 | 6,514,483 |
113,514,046 | ||
Food & Staples Retailing — 1.8% | ||
Aeon Co. Ltd. | 1,664,100 | 31,626,642 |
Cosmos Pharmaceutical Corp. | 41,200 | 3,798,128 |
Kobe Bussan Co. Ltd. | 239,800 | 5,846,159 |
Lawson, Inc. | 95,100 | 3,497,798 |
MatsukiyoCocokara & Co. | 245,000 | 8,098,563 |
Seven & i Holdings Co. Ltd. | 1,522,300 | 67,311,418 |
Sundrug Co. Ltd. | 130,400 | 3,035,988 |
Tsuruha Holdings, Inc. | 76,400 | 3,904,653 |
Welcia Holdings Co. Ltd. | 196,900 | 4,036,266 |
131,155,615 | ||
Food Products — 1.7% | ||
Ajinomoto Co., Inc. | 1,048,400 | 27,239,061 |
Calbee, Inc. | 220,000 | 3,940,729 |
Kewpie Corp. | 216,400 | 3,644,556 |
Kikkoman Corp. | 370,300 | 20,811,289 |
MEIJI Holdings Co. Ltd. | 277,600 | 13,837,508 |
118 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Food Products — continued | ||
NH Foods Ltd. | 197,400 | 6,233,982 |
Nisshin Seifun Group, Inc. | 498,200 | 6,641,418 |
Nissin Foods Holdings Co. Ltd. | 159,100 | 11,067,416 |
Toyo Suisan Kaisha Ltd. | 195,600 | 6,039,416 |
Yakult Honsha Co. Ltd. | 306,700 | 15,881,119 |
Yamazaki Baking Co. Ltd. | 339,400 | 4,195,709 |
119,532,203 | ||
Gas Utilities — 0.4% | ||
Osaka Gas Co. Ltd. | 794,100 | 14,312,391 |
Tokyo Gas Co. Ltd. | 782,000 | 14,978,785 |
29,291,176 | ||
Health Care Equipment & Supplies — 2.6% | ||
Asahi Intecc Co. Ltd. | 451,100 | 8,717,027 |
Hoya Corp. | 704,900 | 69,955,784 |
Olympus Corp. | 2,478,000 | 43,615,594 |
Sysmex Corp. | 323,500 | 21,220,814 |
Terumo Corp. | 1,449,200 | 43,135,652 |
186,644,871 | ||
Health Care Providers & Services — 0.2% | ||
Alfresa Holdings Corp. | 402,900 | 5,478,918 |
Medipal Holdings Corp. | 400,700 | 6,598,886 |
12,077,804 | ||
Health Care Technology — 0.4% | ||
M3, Inc. | 816,600 | 26,077,264 |
Hotels, Restaurants & Leisure — 1.0% | ||
McDonald's Holdings Co. Japan Ltd. | 142,400 | 5,649,415 |
Oriental Land Co. Ltd. | 437,800 | 66,226,084 |
71,875,499 | ||
Household Durables — 4.4% | ||
Casio Computer Co. Ltd. | 440,400 | 4,566,884 |
Haseko Corp. | 431,200 | 4,724,672 |
Iida Group Holdings Co. Ltd. | 341,600 | 5,433,022 |
Nikon Corp. | 664,800 | 7,470,240 |
Open House Group Co. Ltd. | 142,300 | 5,506,250 |
Panasonic Holdings Corp. | 4,447,300 | 39,639,657 |
Rinnai Corp. | 73,600 | 4,704,470 |
Sekisui Chemical Co. Ltd. | 845,500 | 11,449,031 |
Sekisui House Ltd. | 1,240,500 | 21,544,930 |
Sharp Corp. | 407,900 | 3,451,367 |
Sony Group Corp. | 2,405,000 | 207,554,108 |
316,044,631 |
INVESTMENTS | SHARES | VALUE($) |
Household Products — 0.5% | ||
Lion Corp. | 569,700 | 5,869,867 |
Unicharm Corp. | 852,500 | 29,660,181 |
35,530,048 | ||
Industrial Conglomerates — 1.7% | ||
Hitachi Ltd. | 1,846,900 | 87,591,943 |
Toshiba Corp. | 826,500 | 34,323,163 |
121,915,106 | ||
Insurance — 2.9% | ||
Dai-ichi Life Holdings, Inc. | 2,131,300 | 42,677,194 |
Japan Post Holdings Co. Ltd. | 2,300,200 | 16,128,679 |
Japan Post Insurance Co. Ltd. | 381,300 | 6,165,542 |
MS&AD Insurance Group Holdings, Inc. | 895,400 | 26,653,610 |
Sompo Holdings, Inc. | 664,100 | 27,035,508 |
T&D Holdings, Inc. | 1,124,400 | 14,449,039 |
Tokio Marine Holdings, Inc. | 1,329,900 | 71,905,967 |
205,015,539 | ||
Interactive Media & Services — 0.3% | ||
Kakaku.com, Inc. | 246,200 | 5,155,875 |
Z Holdings Corp. | 4,966,600 | 19,498,070 |
24,653,945 | ||
Internet & Direct Marketing Retail — 0.3% | ||
Mercari, Inc. * (a) | 214,100 | 3,508,540 |
Rakuten Group, Inc. | 1,750,600 | 12,306,518 |
ZOZO, Inc. | 214,500 | 4,491,093 |
20,306,151 | ||
IT Services — 2.4% | ||
Fujitsu Ltd. | 352,400 | 53,264,964 |
GMO Payment Gateway, Inc. | 84,500 | 7,089,542 |
Itochu Techno-Solutions Corp. | 182,300 | 4,268,702 |
NEC Corp. | 521,000 | 20,212,648 |
Nomura Research Institute Ltd. | 827,700 | 23,404,396 |
NTT Data Corp. | 1,230,700 | 22,691,543 |
Obic Co. Ltd. | 128,100 | 18,925,409 |
Otsuka Corp. | 224,900 | 7,370,448 |
SCSK Corp. | 292,700 | 4,653,440 |
TIS, Inc. | 415,900 | 9,340,851 |
171,221,943 | ||
Leisure Products — 1.0% | ||
Bandai Namco Holdings, Inc. | 422,400 | 28,597,727 |
Sega Sammy Holdings, Inc. | 334,400 | 5,925,442 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 119 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Leisure Products — continued | ||
Shimano, Inc. | 159,500 | 28,260,921 |
Yamaha Corp. | 307,300 | 11,741,004 |
74,525,094 | ||
Machinery — 5.2% | ||
Amada Co. Ltd. | 685,200 | 5,320,552 |
Daifuku Co. Ltd. | 241,200 | 14,831,064 |
FANUC Corp. | 366,400 | 56,142,758 |
Harmonic Drive Systems, Inc. (a) | 95,000 | 2,402,681 |
Hino Motors Ltd. | 547,700 | 2,827,225 |
Hitachi Construction Machinery Co. Ltd. | 197,900 | 4,480,723 |
Hoshizaki Corp. | 112,300 | 7,113,346 |
Kawasaki Heavy Industries Ltd. | 320,000 | 5,690,498 |
Komatsu Ltd. | 1,856,000 | 41,772,033 |
Kubota Corp. | 2,174,500 | 36,941,864 |
Kurita Water Industries Ltd. | 204,700 | 6,983,611 |
Makita Corp. | 534,300 | 15,792,222 |
MINEBEA MITSUMI, Inc. | 773,800 | 14,846,257 |
MISUMI Group, Inc. | 542,400 | 13,600,313 |
Mitsubishi Heavy Industries Ltd. | 642,700 | 21,974,008 |
Nabtesco Corp. | 230,900 | 5,266,277 |
NGK Insulators Ltd. | 515,000 | 6,927,587 |
NSK Ltd. | 935,500 | 5,176,809 |
SMC Corp. | 119,200 | 57,719,072 |
Sumitomo Heavy Industries Ltd. | 234,300 | 4,958,115 |
Toyota Industries Corp. | 391,400 | 23,474,929 |
Yaskawa Electric Corp. | 509,600 | 17,303,707 |
371,545,651 | ||
Marine — 0.6% | ||
Mitsui OSK Lines Ltd. | 690,300 | 16,160,701 |
Nippon Yusen KK | 323,900 | 23,367,441 |
39,528,142 | ||
Media — 0.5% | ||
CyberAgent, Inc. | 781,000 | 8,251,159 |
Dentsu Group, Inc. | 472,800 | 17,040,497 |
Hakuhodo DY Holdings, Inc. | 580,600 | 6,851,990 |
32,143,646 | ||
Metals & Mining — 1.0% | ||
Hitachi Metals Ltd. * | 384,500 | 6,000,004 |
JFE Holdings, Inc. | 1,101,000 | 13,463,857 |
Nippon Steel Corp. | 1,813,700 | 28,799,001 |
Sumitomo Metal Mining Co. Ltd. | 521,900 | 22,888,840 |
71,151,702 |
INVESTMENTS | SHARES | VALUE($) |
Multiline Retail — 0.3% | ||
Pan Pacific International Holdings Corp. | 1,015,900 | 15,556,849 |
Ryohin Keikaku Co. Ltd. | 504,500 | 4,534,008 |
20,090,857 | ||
Oil, Gas & Consumable Fuels — 0.8% | ||
ENEOS Holdings, Inc. | 6,163,900 | 21,688,394 |
Idemitsu Kosan Co. Ltd. | 471,352 | 12,422,517 |
Inpex Corp. | 1,958,600 | 23,303,763 |
57,414,674 | ||
Paper & Forest Products — 0.1% | ||
Oji Holdings Corp. | 1,934,600 | 9,164,208 |
Personal Products — 1.2% | ||
Kao Corp. | 906,600 | 36,335,144 |
Kobayashi Pharmaceutical Co. Ltd. | 110,100 | 7,508,234 |
Kose Corp. | 66,200 | 6,796,161 |
Pola Orbis Holdings, Inc. | 161,500 | 1,861,954 |
Shiseido Co. Ltd. | 763,200 | 36,077,568 |
88,579,061 | ||
Pharmaceuticals — 5.8% | ||
Astellas Pharma, Inc. | 3,551,100 | 54,068,042 |
Chugai Pharmaceutical Co. Ltd. | 1,217,500 | 36,482,590 |
Daiichi Sankyo Co. Ltd. | 3,492,600 | 87,939,878 |
Eisai Co. Ltd. | 564,900 | 24,601,922 |
Kyowa Kirin Co. Ltd. | 483,500 | 10,190,621 |
Nippon Shinyaku Co. Ltd. | 115,500 | 7,811,709 |
Ono Pharmaceutical Co. Ltd. | 946,700 | 24,321,245 |
Otsuka Holdings Co. Ltd. | 1,064,500 | 35,769,800 |
Santen Pharmaceutical Co. Ltd. | 764,000 | 6,214,898 |
Shionogi & Co. Ltd. | 540,800 | 30,082,501 |
Sumitomo Pharma Co. Ltd. | 364,900 | 3,250,385 |
Taisho Pharmaceutical Holdings Co. Ltd. | 107,900 | 4,249,957 |
Takeda Pharmaceutical Co. Ltd. | 3,017,700 | 87,563,230 |
412,546,778 | ||
Professional Services — 1.9% | ||
Benefit One, Inc. | 146,700 | 2,224,328 |
Nihon M&A Center Holdings, Inc. | 570,400 | 7,023,800 |
Persol Holdings Co. Ltd. | 361,900 | 7,179,964 |
Recruit Holdings Co. Ltd. | 3,235,000 | 117,371,020 |
133,799,112 | ||
Real Estate Management & Development — 2.4% | ||
Aeon Mall Co. Ltd. | 181,500 | 2,208,412 |
Daito Trust Construction Co. Ltd. | 132,100 | 12,722,803 |
Daiwa House Industry Co. Ltd. | 1,271,900 | 30,576,724 |
120 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Real Estate Management & Development — continued | ||
Hulic Co. Ltd. | 1,128,700 | 9,530,064 |
Mitsubishi Estate Co. Ltd. | 2,655,400 | 38,680,098 |
Mitsui Fudosan Co. Ltd. | 1,841,800 | 39,034,660 |
Nomura Real Estate Holdings, Inc. | 223,100 | 5,435,997 |
Sumitomo Realty & Development Co. Ltd. | 908,600 | 24,103,778 |
Tokyu Fudosan Holdings Corp. | 1,153,400 | 6,001,912 |
168,294,448 | ||
Road & Rail — 2.8% | ||
Central Japan Railway Co. | 392,700 | 49,435,115 |
East Japan Railway Co. | 720,100 | 37,550,902 |
Hankyu Hanshin Holdings, Inc. | 460,800 | 12,161,251 |
Keio Corp. | 232,900 | 8,932,314 |
Keisei Electric Railway Co. Ltd. | 328,300 | 8,049,739 |
Kintetsu Group Holdings Co. Ltd. (a) | 364,300 | 10,444,938 |
Kyushu Railway Co. | 300,300 | 5,886,105 |
Nagoya Railroad Co. Ltd. | 375,500 | 6,030,960 |
NIPPON EXPRESS HOLDINGS, Inc. | 155,500 | 9,117,085 |
Odakyu Electric Railway Co. Ltd. (a) | 661,700 | 10,020,160 |
Seibu Holdings, Inc. | 518,900 | 5,155,304 |
Tobu Railway Co. Ltd. | 399,800 | 8,986,772 |
Tokyu Corp. | 1,084,500 | 13,262,145 |
West Japan Railway Co. | 465,300 | 17,271,462 |
202,304,252 | ||
Semiconductors & Semiconductor Equipment — 3.3% | ||
Advantest Corp. | 380,800 | 25,988,878 |
Disco Corp. | 57,000 | 13,950,775 |
Lasertec Corp. | 147,700 | 19,732,927 |
Renesas Electronics Corp. * | 2,670,300 | 28,513,378 |
Rohm Co. Ltd. | 166,600 | 11,638,821 |
SUMCO Corp. | 614,600 | 8,851,266 |
Tokyo Electron Ltd. | 300,100 | 126,626,205 |
235,302,250 | ||
Software — 0.3% | ||
Oracle Corp., Japan | 64,000 | 4,112,728 |
Trend Micro, Inc. | 267,400 | 14,909,401 |
19,022,129 | ||
Specialty Retail — 1.3% | ||
ABC-Mart, Inc. | 60,300 | 2,500,639 |
Fast Retailing Co. Ltd. | 126,300 | 58,149,304 |
Hikari Tsushin, Inc. | 38,100 | 4,461,253 |
Nitori Holdings Co. Ltd. | 165,600 | 17,036,821 |
USS Co. Ltd. | 425,300 | 7,080,416 |
INVESTMENTS | SHARES | VALUE($) |
Specialty Retail — continued | ||
Workman Co. Ltd. (a) | 46,200 | 1,577,507 |
Yamada Holdings Co. Ltd. | 1,456,800 | 4,350,122 |
95,156,062 | ||
Technology Hardware, Storage & Peripherals — 1.6% | ||
Brother Industries Ltd. | 501,300 | 8,712,392 |
Canon, Inc. | 1,984,900 | 45,670,892 |
FUJIFILM Holdings Corp. | 765,800 | 42,096,989 |
Ricoh Co. Ltd. | 1,422,100 | 10,384,050 |
Seiko Epson Corp. | 595,200 | 8,384,897 |
115,249,220 | ||
Textiles, Apparel & Luxury Goods — 0.1% | ||
Asics Corp. | 362,800 | 5,723,808 |
Tobacco — 0.5% | ||
Japan Tobacco, Inc. | 2,097,700 | 35,685,648 |
Trading Companies & Distributors — 5.1% | ||
ITOCHU Corp. | 2,842,000 | 85,774,347 |
Marubeni Corp. | 3,316,000 | 36,196,203 |
Mitsubishi Corp. | 2,834,400 | 95,166,462 |
Mitsui & Co. Ltd. | 3,133,500 | 75,880,230 |
MonotaRO Co. Ltd. (a) | 468,300 | 8,044,482 |
Sojitz Corp. | 409,900 | 6,250,299 |
Sumitomo Corp. | 2,387,000 | 37,771,033 |
Toyota Tsusho Corp. | 452,800 | 16,267,858 |
361,350,914 | ||
Transportation Infrastructure — 0.1% | ||
Japan Airport Terminal Co. Ltd. * | 177,000 | 7,334,263 |
Wireless Telecommunication Services — 3.7% | ||
KDDI Corp. | 3,164,300 | 104,784,846 |
SoftBank Corp. | 5,296,700 | 61,642,274 |
SoftBank Group Corp. | 2,398,800 | 98,663,225 |
265,090,345 | ||
Total Common Stocks (Cost $7,926,422,905) | 7,030,019,552 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 121 |
INVESTMENTS | SHARES | VALUE($) |
Short Term Investments — 0.2% | ||
Investment of Cash Collateral from Securities Loaned — 0.2% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (b) (c) | 10,093,724 | 10,086,658 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 1,597,340 | 1,597,340 |
Total Investment of Cash Collateral from Securities Loaned (Cost $11,682,989) | 11,683,998 | |
Total Investments — 98.9% (Cost $7,938,105,894) | 7,041,703,550 | |
Other Assets Less Liabilities — 1.1% | 78,324,460 | |
NET ASSETS — 100.0% | 7,120,028,010 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $11,113,596. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
TOPIX Index | 568 | 06/09/2022 | JPY | 84,647,428 | 466,375 |
Abbreviations | |
JPY | Japanese Yen |
TOPIX | Tokyo Stock Price Index |
122 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.5% | ||
Aerospace & Defense — 1.6% | ||
Boeing Co. (The) * | 16,036 | 2,386,798 |
General Dynamics Corp. | 6,741 | 1,594,449 |
HEICO Corp. | 1,236 | 174,560 |
HEICO Corp., Class A | 2,177 | 253,925 |
Howmet Aerospace, Inc. | 11,103 | 378,834 |
Huntington Ingalls Industries, Inc. | 1,172 | 249,331 |
L3Harris Technologies, Inc. | 5,750 | 1,335,495 |
Lockheed Martin Corp. | 7,083 | 3,060,706 |
Northrop Grumman Corp. | 4,301 | 1,889,859 |
Raytheon Technologies Corp. | 43,673 | 4,145,005 |
Textron, Inc. | 6,447 | 446,455 |
TransDigm Group, Inc. * | 1,534 | 912,439 |
16,827,856 | ||
Air Freight & Logistics — 0.6% | ||
CH Robinson Worldwide, Inc. | 3,802 | 403,582 |
Expeditors International of Washington, Inc. | 4,957 | 491,090 |
FedEx Corp. | 7,120 | 1,415,029 |
United Parcel Service, Inc., Class B | 21,331 | 3,839,153 |
6,148,854 | ||
Airlines — 0.2% | ||
Delta Air Lines, Inc. * | 18,721 | 805,565 |
Southwest Airlines Co. * | 17,347 | 810,452 |
United Airlines Holdings, Inc. * | 9,489 | 479,194 |
2,095,211 | ||
Auto Components — 0.1% | ||
Aptiv plc * | 7,912 | 841,837 |
Autoliv, Inc. (Sweden) | 2,306 | 169,906 |
BorgWarner, Inc. | 7,014 | 258,326 |
Lear Corp. | 1,747 | 223,511 |
1,493,580 | ||
Automobiles — 2.3% | ||
Ford Motor Co. | 115,129 | 1,630,227 |
General Motors Co. * | 42,522 | 1,612,009 |
Lucid Group, Inc. * (a) | 16,375 | 296,060 |
Tesla, Inc. * | 24,495 | 21,329,266 |
24,867,562 | ||
Banks — 3.5% | ||
Bank of America Corp. | 208,044 | 7,423,010 |
Citigroup, Inc. | 58,089 | 2,800,471 |
Citizens Financial Group, Inc. | 14,488 | 570,827 |
Comerica, Inc. | 3,821 | 312,940 |
East West Bancorp, Inc. | 4,146 | 295,610 |
INVESTMENTS | SHARES | VALUE($) |
Banks — continued | ||
Fifth Third Bancorp | 20,018 | 751,275 |
First Republic Bank | 5,246 | 782,808 |
Huntington Bancshares, Inc. | 42,089 | 553,470 |
JPMorgan Chase & Co. (b) | 86,485 | 10,322,850 |
KeyCorp | 27,173 | 524,711 |
M&T Bank Corp. | 5,242 | 873,527 |
PNC Financial Services Group, Inc. (The) | 12,286 | 2,040,704 |
Regions Financial Corp. | 27,576 | 571,375 |
Signature Bank | 1,828 | 442,833 |
SVB Financial Group * | 1,722 | 839,716 |
Truist Financial Corp. | 39,061 | 1,888,599 |
US Bancorp | 39,528 | 1,919,480 |
Wells Fargo & Co. | 113,730 | 4,962,040 |
Zions Bancorp NA | 4,431 | 250,396 |
38,126,642 | ||
Beverages — 1.7% | ||
Brown-Forman Corp., Class A | 1,644 | 102,618 |
Brown-Forman Corp., Class B | 5,338 | 359,995 |
Coca-Cola Co. (The) | 113,775 | 7,351,003 |
Constellation Brands, Inc., Class A | 4,795 | 1,180,002 |
Keurig Dr Pepper, Inc. | 21,575 | 806,905 |
Molson Coors Beverage Co., Class B | 5,515 | 298,582 |
Monster Beverage Corp. * | 11,001 | 942,566 |
PepsiCo, Inc. | 40,485 | 6,951,679 |
17,993,350 | ||
Biotechnology — 2.1% | ||
AbbVie, Inc. | 51,746 | 7,600,452 |
Alnylam Pharmaceuticals, Inc. * | 3,516 | 469,140 |
Amgen, Inc. | 16,494 | 3,846,236 |
Biogen, Inc. * | 4,305 | 893,029 |
BioMarin Pharmaceutical, Inc. * | 5,361 | 436,117 |
Exact Sciences Corp. * (a) | 5,070 | 279,104 |
Gilead Sciences, Inc. | 36,708 | 2,178,253 |
Horizon Therapeutics plc * | 6,643 | 654,734 |
Incyte Corp. * | 5,508 | 412,880 |
Moderna, Inc. * | 10,311 | 1,385,902 |
Neurocrine Biosciences, Inc. * | 2,762 | 248,663 |
Regeneron Pharmaceuticals, Inc. * | 3,130 | 2,063,014 |
Seagen, Inc. * | 3,910 | 512,249 |
Vertex Pharmaceuticals, Inc. * | 7,461 | 2,038,494 |
23,018,267 | ||
Building Products — 0.4% | ||
Allegion plc | 2,625 | 299,880 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 123 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Building Products — continued | ||
Carrier Global Corp. | 25,037 | 958,166 |
Fortune Brands Home & Security, Inc. | 3,982 | 283,718 |
Johnson Controls International plc | 20,573 | 1,231,706 |
Lennox International, Inc. | 975 | 207,860 |
Masco Corp. | 7,018 | 369,778 |
Owens Corning | 2,938 | 267,152 |
Trane Technologies plc | 6,822 | 954,330 |
4,572,590 | ||
Capital Markets — 3.0% | ||
Ameriprise Financial, Inc. | 3,242 | 860,719 |
Bank of New York Mellon Corp. (The) | 21,641 | 910,220 |
BlackRock, Inc. | 4,164 | 2,601,168 |
Blackstone, Inc. | 20,618 | 2,094,170 |
Carlyle Group, Inc. (The) | 4,068 | 147,628 |
Charles Schwab Corp. (The) | 43,994 | 2,918,122 |
CME Group, Inc. | 10,514 | 2,306,141 |
Coinbase Global, Inc., Class A * (a) | 864 | 97,381 |
FactSet Research Systems, Inc. | 1,112 | 448,681 |
Franklin Resources, Inc. | 8,222 | 202,179 |
Goldman Sachs Group, Inc. (The) | 9,931 | 3,033,821 |
Intercontinental Exchange, Inc. | 16,430 | 1,902,758 |
Invesco Ltd. | 9,980 | 183,432 |
Jefferies Financial Group, Inc. | 5,650 | 173,794 |
KKR & Co., Inc. | 17,126 | 872,912 |
MarketAxess Holdings, Inc. | 1,118 | 294,716 |
Moody's Corp. | 4,726 | 1,495,684 |
Morgan Stanley | 41,500 | 3,344,485 |
MSCI, Inc. | 2,374 | 1,000,048 |
Nasdaq, Inc. | 3,432 | 540,094 |
Northern Trust Corp. | 6,083 | 626,853 |
Raymond James Financial, Inc. | 5,474 | 533,496 |
S&P Global, Inc. | 10,376 | 3,906,564 |
SEI Investments Co. | 3,091 | 172,231 |
State Street Corp. | 10,716 | 717,651 |
T. Rowe Price Group, Inc. | 6,707 | 825,229 |
32,210,177 | ||
Chemicals — 1.8% | ||
Air Products and Chemicals, Inc. | 6,481 | 1,517,008 |
Albemarle Corp. | 3,430 | 661,407 |
Celanese Corp. | 3,165 | 465,065 |
CF Industries Holdings, Inc. | 6,289 | 608,964 |
Corteva, Inc. | 21,274 | 1,227,297 |
Dow, Inc. | 21,533 | 1,431,945 |
INVESTMENTS | SHARES | VALUE($) |
Chemicals — continued | ||
DuPont de Nemours, Inc. | 15,022 | 990,400 |
Eastman Chemical Co. | 3,776 | 387,682 |
Ecolab, Inc. | 7,295 | 1,235,335 |
FMC Corp. | 3,716 | 492,519 |
International Flavors & Fragrances, Inc. | 7,461 | 905,019 |
Linde plc (United Kingdom) | 14,986 | 4,675,033 |
LyondellBasell Industries NV, Class A | 7,682 | 814,522 |
Mosaic Co. (The) | 10,834 | 676,258 |
PPG Industries, Inc. | 6,951 | 889,658 |
Sherwin-Williams Co. (The) | 7,053 | 1,939,293 |
Westlake Corp. | 963 | 121,868 |
19,039,273 | ||
Commercial Services & Supplies — 0.4% | ||
Cintas Corp. | 2,584 | 1,026,520 |
Copart, Inc. * | 6,235 | 708,608 |
Republic Services, Inc. | 6,112 | 820,658 |
Rollins, Inc. | 6,631 | 222,404 |
Waste Management, Inc. | 11,271 | 1,853,403 |
4,631,593 | ||
Communications Equipment — 0.8% | ||
Arista Networks, Inc. * | 6,577 | 760,104 |
Cisco Systems, Inc. | 123,431 | 6,045,650 |
F5, Inc. * | 1,775 | 297,153 |
Juniper Networks, Inc. | 9,525 | 300,228 |
Motorola Solutions, Inc. | 4,943 | 1,056,270 |
8,459,405 | ||
Construction & Engineering — 0.0% ^ | ||
Quanta Services, Inc. | 4,162 | 482,709 |
Construction Materials — 0.1% | ||
Martin Marietta Materials, Inc. | 1,818 | 643,972 |
Vulcan Materials Co. | 3,874 | 667,451 |
1,311,423 | ||
Consumer Finance — 0.6% | ||
Ally Financial, Inc. | 9,891 | 395,244 |
American Express Co. | 18,005 | 3,145,653 |
Capital One Financial Corp. | 12,124 | 1,510,893 |
Discover Financial Services | 8,430 | 948,038 |
SoFi Technologies, Inc. * (a) | 18,895 | 115,637 |
Synchrony Financial | 15,244 | 561,132 |
Upstart Holdings, Inc. * (a) | 1,441 | 108,104 |
6,784,701 |
124 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Containers & Packaging — 0.3% | ||
Amcor plc | 44,296 | 525,351 |
Avery Dennison Corp. | 2,414 | 435,968 |
Ball Corp. | 9,491 | 770,289 |
Crown Holdings, Inc. | 3,700 | 407,148 |
International Paper Co. | 11,335 | 524,584 |
Packaging Corp. of America | 2,792 | 449,987 |
Sealed Air Corp. | 4,339 | 278,607 |
Westrock Co. | 7,691 | 380,935 |
3,772,869 | ||
Distributors — 0.1% | ||
Genuine Parts Co. | 4,159 | 540,878 |
LKQ Corp. | 7,849 | 389,546 |
Pool Corp. | 1,172 | 474,918 |
1,405,342 | ||
Diversified Financial Services — 1.7% | ||
Apollo Global Management, Inc. | 10,854 | 540,095 |
Berkshire Hathaway, Inc., Class B * | 53,593 | 17,301,428 |
Equitable Holdings, Inc. | 11,021 | 317,736 |
Voya Financial, Inc. | 3,165 | 199,838 |
18,359,097 | ||
Diversified Telecommunication Services — 0.9% | ||
AT&T, Inc. | 208,989 | 3,941,532 |
Lumen Technologies, Inc. | 26,978 | 271,399 |
Verizon Communications, Inc. | 122,857 | 5,688,279 |
9,901,210 | ||
Electric Utilities — 1.7% | ||
Alliant Energy Corp. | 7,322 | 430,607 |
American Electric Power Co., Inc. | 14,750 | 1,461,873 |
Avangrid, Inc. (a) | 2,040 | 90,474 |
Duke Energy Corp. | 22,503 | 2,478,930 |
Edison International | 11,113 | 764,463 |
Entergy Corp. | 5,876 | 698,363 |
Evergy, Inc. | 6,709 | 455,206 |
Eversource Energy | 10,074 | 880,468 |
Exelon Corp. | 28,653 | 1,340,387 |
FirstEnergy Corp. | 16,678 | 722,324 |
NextEra Energy, Inc. | 57,416 | 4,077,684 |
NRG Energy, Inc. | 7,176 | 257,618 |
PG&E Corp. * (a) | 44,167 | 558,713 |
Pinnacle West Capital Corp. | 3,292 | 234,390 |
PPL Corp. | 21,958 | 621,631 |
INVESTMENTS | SHARES | VALUE($) |
Electric Utilities — continued | ||
Southern Co. (The) | 31,028 | 2,277,145 |
Xcel Energy, Inc. | 15,761 | 1,154,651 |
18,504,927 | ||
Electrical Equipment — 0.6% | ||
AMETEK, Inc. | 6,763 | 853,896 |
Eaton Corp. plc | 11,663 | 1,691,368 |
Emerson Electric Co. | 17,392 | 1,568,411 |
Generac Holdings, Inc. * | 1,837 | 403,001 |
Hubbell, Inc. | 1,580 | 308,669 |
Plug Power, Inc. * (a) | 15,177 | 319,021 |
Rockwell Automation, Inc. | 3,409 | 861,352 |
Sensata Technologies Holding plc * | 4,617 | 209,658 |
6,215,376 | ||
Electronic Equipment, Instruments & Components — 0.6% | ||
Amphenol Corp., Class A | 17,523 | 1,252,895 |
CDW Corp. | 3,982 | 649,783 |
Cognex Corp. | 5,180 | 350,323 |
Corning, Inc. | 21,859 | 769,218 |
Flex Ltd. * | 13,591 | 224,116 |
IPG Photonics Corp. * | 1,056 | 99,771 |
Keysight Technologies, Inc. * | 5,346 | 749,883 |
TE Connectivity Ltd. (Switzerland) | 9,535 | 1,189,777 |
Teledyne Technologies, Inc. * | 1,374 | 592,950 |
Trimble, Inc. * | 7,340 | 489,578 |
Zebra Technologies Corp., Class A * | 1,544 | 570,755 |
6,939,049 | ||
Energy Equipment & Services — 0.3% | ||
Baker Hughes Co. | 26,504 | 822,154 |
Halliburton Co. | 26,288 | 936,378 |
Schlumberger NV | 41,069 | 1,602,102 |
3,360,634 | ||
Entertainment — 1.3% | ||
Activision Blizzard, Inc. | 22,791 | 1,723,000 |
AMC Entertainment Holdings, Inc., Class A * (a) | 15,050 | 230,265 |
Electronic Arts, Inc. | 8,223 | 970,725 |
Live Nation Entertainment, Inc. * | 3,965 | 415,849 |
Netflix, Inc. * | 13,003 | 2,475,251 |
Playtika Holding Corp. * | 2,989 | 52,547 |
Roku, Inc. * | 3,449 | 320,412 |
Take-Two Interactive Software, Inc. * | 3,388 | 404,900 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 125 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Entertainment — continued | ||
Walt Disney Co. (The) * | 53,281 | 5,947,758 |
Warner Bros Discovery, Inc. * | 64,397 | 1,168,805 |
13,709,512 | ||
Equity Real Estate Investment Trusts (REITs) — 3.0% | ||
Alexandria Real Estate Equities, Inc. | 4,269 | 777,641 |
American Tower Corp. | 13,334 | 3,213,761 |
AvalonBay Communities, Inc. | 4,089 | 930,166 |
Boston Properties, Inc. | 4,152 | 488,275 |
Camden Property Trust | 2,983 | 468,003 |
Crown Castle International Corp. | 12,637 | 2,340,499 |
Digital Realty Trust, Inc. | 8,291 | 1,211,481 |
Duke Realty Corp. | 11,138 | 609,805 |
Equinix, Inc. | 2,634 | 1,894,057 |
Equity LifeStyle Properties, Inc. | 5,043 | 389,723 |
Equity Residential | 9,991 | 814,266 |
Essex Property Trust, Inc. | 1,921 | 632,528 |
Extra Space Storage, Inc. | 3,906 | 742,140 |
Federal Realty Investment Trust | 2,068 | 242,080 |
Healthpeak Properties, Inc. | 15,777 | 517,643 |
Host Hotels & Resorts, Inc. | 20,903 | 425,376 |
Invitation Homes, Inc. | 17,465 | 695,456 |
Iron Mountain, Inc. | 8,471 | 455,147 |
Kimco Realty Corp. | 18,047 | 457,131 |
Mid-America Apartment Communities, Inc. | 3,386 | 665,958 |
Prologis, Inc. | 21,646 | 3,469,637 |
Public Storage | 4,456 | 1,655,404 |
Realty Income Corp. | 16,561 | 1,148,671 |
Regency Centers Corp. | 4,496 | 309,460 |
SBA Communications Corp. | 3,185 | 1,105,545 |
Simon Property Group, Inc. | 9,616 | 1,134,688 |
Sun Communities, Inc. | 3,403 | 597,465 |
UDR, Inc. | 8,750 | 465,588 |
Ventas, Inc. | 11,679 | 648,768 |
VICI Properties, Inc. | 24,665 | 735,264 |
Vornado Realty Trust | 4,654 | 180,156 |
Welltower, Inc. | 12,745 | 1,157,373 |
Weyerhaeuser Co. | 21,867 | 901,358 |
WP Carey, Inc. | 5,574 | 450,212 |
31,930,725 | ||
Food & Staples Retailing — 1.5% | ||
Albertsons Cos., Inc., Class A (a) | 2,964 | 92,714 |
Costco Wholesale Corp. | 12,989 | 6,906,511 |
Kroger Co. (The) | 19,574 | 1,056,213 |
INVESTMENTS | SHARES | VALUE($) |
Food & Staples Retailing — continued | ||
Sysco Corp. | 14,850 | 1,269,378 |
Walgreens Boots Alliance, Inc. | 20,968 | 889,043 |
Walmart, Inc. | 41,396 | 6,333,174 |
16,547,033 | ||
Food Products — 1.1% | ||
Archer-Daniels-Midland Co. | 16,369 | 1,466,008 |
Bunge Ltd. | 4,109 | 464,810 |
Campbell Soup Co. | 5,908 | 278,976 |
Conagra Brands, Inc. | 14,033 | 490,173 |
General Mills, Inc. | 17,663 | 1,249,304 |
Hershey Co. (The) | 4,265 | 962,909 |
Hormel Foods Corp. | 8,247 | 432,060 |
J M Smucker Co. (The) | 3,174 | 434,616 |
Kellogg Co. | 7,495 | 513,407 |
Kraft Heinz Co. (The) | 20,767 | 885,297 |
Lamb Weston Holdings, Inc. | 4,260 | 281,586 |
McCormick & Co., Inc. (Non-Voting) | 7,306 | 734,764 |
Mondelez International, Inc., Class A | 40,642 | 2,620,596 |
Tyson Foods, Inc., Class A | 8,548 | 796,332 |
11,610,838 | ||
Gas Utilities — 0.1% | ||
Atmos Energy Corp. | 3,974 | 450,652 |
UGI Corp. | 6,138 | 210,533 |
661,185 | ||
Health Care Equipment & Supplies — 2.7% | ||
Abbott Laboratories | 51,756 | 5,874,306 |
ABIOMED, Inc. * | 1,344 | 385,164 |
Align Technology, Inc. * | 2,136 | 619,248 |
Baxter International, Inc. | 14,644 | 1,040,603 |
Becton Dickinson and Co. | 8,344 | 2,062,553 |
Boston Scientific Corp. * | 41,696 | 1,755,819 |
Cooper Cos., Inc. (The) | 1,444 | 521,342 |
DENTSPLY SIRONA, Inc. | 6,398 | 255,856 |
Dexcom, Inc. * | 2,843 | 1,161,593 |
Edwards Lifesciences Corp. * | 18,278 | 1,933,447 |
Hologic, Inc. * | 7,312 | 526,391 |
IDEXX Laboratories, Inc. * | 2,467 | 1,061,994 |
Insulet Corp. * | 2,020 | 482,760 |
Intuitive Surgical, Inc. * | 10,471 | 2,505,710 |
Medtronic plc | 39,345 | 4,106,044 |
Novocure Ltd. * | 2,614 | 200,180 |
ResMed, Inc. | 4,288 | 857,471 |
STERIS plc | 2,929 | 656,242 |
126 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Health Care Equipment & Supplies — continued | ||
Stryker Corp. | 9,832 | 2,372,068 |
Teleflex, Inc. | 1,379 | 393,870 |
Zimmer Biomet Holdings, Inc. | 6,114 | 738,265 |
Zimvie, Inc. * | 10 | 225 |
29,511,151 | ||
Health Care Providers & Services — 3.1% | ||
agilon health, Inc. * | 1,389 | 24,682 |
AmerisourceBergen Corp. | 4,403 | 666,130 |
Anthem, Inc. | 7,092 | 3,559,687 |
Cardinal Health, Inc. | 8,112 | 470,902 |
Centene Corp. * | 17,086 | 1,376,277 |
Cigna Corp. | 9,439 | 2,329,356 |
CVS Health Corp. | 38,413 | 3,692,642 |
DaVita, Inc. * | 1,798 | 194,849 |
HCA Healthcare, Inc. | 7,007 | 1,503,352 |
Henry Schein, Inc. * | 4,060 | 329,266 |
Humana, Inc. | 3,764 | 1,673,324 |
Laboratory Corp. of America Holdings * | 2,715 | 652,360 |
McKesson Corp. | 4,382 | 1,356,711 |
Molina Healthcare, Inc. * | 1,713 | 536,940 |
Oak Street Health, Inc. * | 4,088 | 73,952 |
Quest Diagnostics, Inc. | 3,484 | 466,299 |
UnitedHealth Group, Inc. | 27,572 | 14,021,741 |
Universal Health Services, Inc., Class B | 2,130 | 260,989 |
33,189,459 | ||
Health Care Technology — 0.2% | ||
Cerner Corp. | 8,622 | 807,364 |
Teladoc Health, Inc. * (a) | 4,683 | 158,098 |
Veeva Systems, Inc., Class A * | 4,069 | 740,355 |
1,705,817 | ||
Hotels, Restaurants & Leisure — 2.0% | ||
Airbnb, Inc., Class A * | 10,154 | 1,555,694 |
Aramark | 7,520 | 272,600 |
Booking Holdings, Inc. * | 1,198 | 2,647,951 |
Caesars Entertainment, Inc. * | 6,243 | 413,786 |
Carnival Corp. * (a) | 23,662 | 409,353 |
Chipotle Mexican Grill, Inc. * | 828 | 1,205,245 |
Darden Restaurants, Inc. | 3,742 | 492,934 |
Domino's Pizza, Inc. | 1,074 | 363,012 |
DraftKings, Inc., Class A * (a) | 9,740 | 133,243 |
Expedia Group, Inc. * | 4,394 | 767,852 |
Hilton Worldwide Holdings, Inc. * | 8,156 | 1,266,545 |
Las Vegas Sands Corp. * | 10,073 | 356,886 |
INVESTMENTS | SHARES | VALUE($) |
Hotels, Restaurants & Leisure — continued | ||
Marriott International, Inc., Class A * | 7,993 | 1,418,917 |
McDonald's Corp. | 21,865 | 5,447,884 |
MGM Resorts International | 11,027 | 452,548 |
Royal Caribbean Cruises Ltd. * | 6,575 | 511,075 |
Starbucks Corp. | 33,674 | 2,513,427 |
Vail Resorts, Inc. | 1,182 | 300,417 |
Wynn Resorts Ltd. * | 3,091 | 217,854 |
Yum! Brands, Inc. | 8,456 | 989,437 |
21,736,660 | ||
Household Durables — 0.3% | ||
DR Horton, Inc. | 9,426 | 655,955 |
Garmin Ltd. | 4,439 | 487,136 |
Lennar Corp., Class A | 7,642 | 584,537 |
Lennar Corp., Class B | 435 | 28,362 |
Mohawk Industries, Inc. * | 1,592 | 224,568 |
Newell Brands, Inc. | 11,079 | 256,479 |
NVR, Inc. * | 87 | 380,730 |
PulteGroup, Inc. | 7,277 | 303,887 |
Whirlpool Corp. | 1,729 | 313,848 |
3,235,502 | ||
Household Products — 1.5% | ||
Church & Dwight Co., Inc. | 7,073 | 690,042 |
Clorox Co. (The) | 3,591 | 515,201 |
Colgate-Palmolive Co. | 24,674 | 1,901,132 |
Kimberly-Clark Corp. | 9,860 | 1,368,864 |
Procter & Gamble Co. (The) | 70,152 | 11,262,903 |
15,738,142 | ||
Independent Power and Renewable Electricity Producers — 0.1% | ||
AES Corp. (The) | 19,511 | 398,415 |
Vistra Corp. | 14,110 | 353,032 |
751,447 | ||
Industrial Conglomerates — 0.9% | ||
3M Co. | 16,702 | 2,408,762 |
General Electric Co. | 32,185 | 2,399,392 |
Honeywell International, Inc. | 20,072 | 3,884,133 |
Roper Technologies, Inc. | 3,098 | 1,455,812 |
10,148,099 | ||
Insurance — 2.2% | ||
Aflac, Inc. | 17,550 | 1,005,264 |
Alleghany Corp. * | 391 | 327,071 |
Allstate Corp. (The) | 8,206 | 1,038,387 |
American Financial Group, Inc. | 1,947 | 269,621 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 127 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Insurance — continued | ||
American International Group, Inc. | 24,287 | 1,421,032 |
Aon plc, Class A | 6,297 | 1,813,473 |
Arch Capital Group Ltd. * | 11,305 | 516,299 |
Arthur J Gallagher & Co. | 6,102 | 1,028,126 |
Brown & Brown, Inc. | 6,874 | 426,051 |
Chubb Ltd. | 12,598 | 2,600,857 |
Cincinnati Financial Corp. | 4,384 | 537,741 |
Everest Re Group Ltd. | 1,153 | 316,741 |
Fidelity National Financial, Inc. | 8,338 | 332,019 |
Globe Life, Inc. | 2,710 | 265,797 |
Hartford Financial Services Group, Inc. (The) | 9,810 | 686,013 |
Lincoln National Corp. | 4,882 | 293,652 |
Loews Corp. | 5,746 | 361,079 |
Markel Corp. * | 389 | 526,426 |
Marsh & McLennan Cos., Inc. | 14,783 | 2,390,411 |
MetLife, Inc. | 20,547 | 1,349,527 |
Principal Financial Group, Inc. | 7,098 | 483,658 |
Progressive Corp. (The) | 17,110 | 1,836,930 |
Prudential Financial, Inc. | 11,062 | 1,200,338 |
Reinsurance Group of America, Inc. | 1,972 | 211,635 |
Travelers Cos., Inc. (The) | 7,052 | 1,206,315 |
W R Berkley Corp. | 6,129 | 407,517 |
Willis Towers Watson plc | 3,565 | 765,976 |
23,617,956 | ||
Interactive Media & Services — 5.1% | ||
Alphabet, Inc., Class A * | 8,795 | 20,071,861 |
Alphabet, Inc., Class C * | 8,131 | 18,695,852 |
InterActiveCorp. * | 2,440 | 202,227 |
Match Group, Inc. * | 8,272 | 654,729 |
Meta Platforms, Inc., Class A * | 67,573 | 13,546,360 |
Pinterest, Inc., Class A * | 16,660 | 341,863 |
Snap, Inc., Class A * | 31,678 | 901,556 |
Twitter, Inc. * | 23,391 | 1,146,627 |
55,561,075 | ||
Internet & Direct Marketing Retail — 3.2% | ||
Amazon.com, Inc. * | 12,807 | 31,833,463 |
DoorDash, Inc., Class A * (a) | 4,734 | 385,490 |
eBay, Inc. | 18,322 | 951,278 |
Etsy, Inc. * (a) | 3,717 | 346,387 |
MercadoLibre, Inc. (Brazil) * | 1,368 | 1,331,926 |
Wayfair, Inc., Class A * (a) | 2,287 | 175,962 |
35,024,506 |
INVESTMENTS | SHARES | VALUE($) |
IT Services — 4.7% | ||
Accenture plc, Class A | 18,508 | 5,559,063 |
Affirm Holdings, Inc. * (a) | 4,741 | 136,067 |
Akamai Technologies, Inc. * | 4,746 | 532,881 |
Automatic Data Processing, Inc. | 12,287 | 2,680,778 |
Block, Inc., Class A * | 14,656 | 1,458,858 |
Broadridge Financial Solutions, Inc. | 3,424 | 493,501 |
Cloudflare, Inc., Class A * | 8,130 | 700,318 |
Cognizant Technology Solutions Corp., Class A | 15,377 | 1,243,999 |
DXC Technology Co. * | 7,166 | 205,664 |
EPAM Systems, Inc. * | 1,668 | 442,003 |
Fidelity National Information Services, Inc. | 17,815 | 1,766,357 |
Fiserv, Inc. * | 17,397 | 1,703,514 |
FleetCor Technologies, Inc. * | 2,372 | 591,862 |
Gartner, Inc. * | 2,400 | 697,320 |
Global Payments, Inc. | 8,343 | 1,142,824 |
GoDaddy, Inc., Class A * | 4,890 | 395,161 |
International Business Machines Corp. | 26,241 | 3,469,323 |
Jack Henry & Associates, Inc. | 2,123 | 402,478 |
Mastercard, Inc., Class A | 25,264 | 9,180,432 |
MongoDB, Inc. * | 1,961 | 696,018 |
Okta, Inc. * | 4,349 | 518,879 |
Paychex, Inc. | 9,389 | 1,189,868 |
PayPal Holdings, Inc. * | 34,091 | 2,997,622 |
Snowflake, Inc., Class A * | 6,910 | 1,184,651 |
Twilio, Inc., Class A * | 4,932 | 551,496 |
VeriSign, Inc. * | 2,836 | 506,765 |
Visa, Inc., Class A | 48,542 | 10,345,757 |
Western Union Co. (The) | 11,536 | 193,343 |
50,986,802 | ||
Leisure Products — 0.0% ^ | ||
Hasbro, Inc. | 3,794 | 334,099 |
Peloton Interactive, Inc., Class A * (a) | 8,855 | 155,494 |
489,593 | ||
Life Sciences Tools & Services — 1.8% | ||
Agilent Technologies, Inc. | 8,785 | 1,047,787 |
Avantor, Inc. * | 17,829 | 568,389 |
Bio-Rad Laboratories, Inc., Class A * | 628 | 321,574 |
Bio-Techne Corp. | 1,151 | 437,023 |
Charles River Laboratories International, Inc. * | 1,475 | 356,227 |
Danaher Corp. | 18,624 | 4,677,045 |
Illumina, Inc. * | 4,582 | 1,359,250 |
IQVIA Holdings, Inc. * | 5,585 | 1,217,474 |
128 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Life Sciences Tools & Services — continued | ||
Mettler-Toledo International, Inc. * | 664 | 848,280 |
PerkinElmer, Inc. | 3,702 | 542,750 |
Thermo Fisher Scientific, Inc. | 11,543 | 6,382,356 |
Waters Corp. * | 1,783 | 540,285 |
West Pharmaceutical Services, Inc. | 2,156 | 679,269 |
18,977,709 | ||
Machinery — 1.5% | ||
Caterpillar, Inc. | 15,821 | 3,330,953 |
Cummins, Inc. | 4,160 | 787,030 |
Deere & Co. | 8,203 | 3,097,043 |
Donaldson Co., Inc. | 3,604 | 176,740 |
Dover Corp. | 4,201 | 559,993 |
Fortive Corp. | 10,493 | 603,348 |
IDEX Corp. | 2,235 | 424,248 |
Illinois Tool Works, Inc. | 8,367 | 1,649,219 |
Ingersoll Rand, Inc. | 11,929 | 524,399 |
Otis Worldwide Corp. | 12,444 | 906,421 |
PACCAR, Inc. | 10,166 | 844,286 |
Parker-Hannifin Corp. | 3,762 | 1,018,825 |
Pentair plc | 4,853 | 246,290 |
Snap-on, Inc. | 1,554 | 330,210 |
Stanley Black & Decker, Inc. | 4,761 | 572,034 |
Westinghouse Air Brake Technologies Corp. | 5,473 | 492,077 |
Xylem, Inc. | 5,274 | 424,557 |
15,987,673 | ||
Media — 0.9% | ||
Charter Communications, Inc., Class A * | 3,489 | 1,495,002 |
Comcast Corp., Class A | 132,398 | 5,264,144 |
DISH Network Corp., Class A * (a) | 7,305 | 208,266 |
Fox Corp., Class A | 9,249 | 331,484 |
Fox Corp., Class B | 4,276 | 142,134 |
Interpublic Group of Cos., Inc. (The) | 11,531 | 376,141 |
Liberty Broadband Corp., Class A * | 674 | 72,563 |
Liberty Broadband Corp., Class C * | 4,135 | 462,376 |
Liberty Media Corp.-Liberty SiriusXM, Class A * | 2,293 | 95,916 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 4,657 | 195,035 |
News Corp., Class A | 11,431 | 227,020 |
News Corp., Class B | 3,539 | 70,461 |
Omnicom Group, Inc. (a) | 6,116 | 465,611 |
Paramount Global, Class A | 265 | 8,361 |
INVESTMENTS | SHARES | VALUE($) |
Media — continued | ||
Paramount Global, Class B | 17,756 | 517,055 |
Sirius XM Holdings, Inc. (a) | 26,566 | 159,396 |
10,090,965 | ||
Metals & Mining — 0.5% | ||
Freeport-McMoRan, Inc. | 42,975 | 1,742,636 |
Newmont Corp. | 23,333 | 1,699,809 |
Nucor Corp. | 7,951 | 1,230,656 |
Southern Copper Corp. (Peru) | 2,501 | 155,738 |
Steel Dynamics, Inc. | 5,519 | 473,254 |
5,302,093 | ||
Mortgage Real Estate Investment Trusts (REITs) — 0.0% ^ | ||
AGNC Investment Corp. | 15,269 | 167,654 |
Annaly Capital Management, Inc. | 42,727 | 274,307 |
441,961 | ||
Multiline Retail — 0.5% | ||
Dollar General Corp. | 6,773 | 1,608,791 |
Dollar Tree, Inc. * | 6,594 | 1,071,195 |
Target Corp. | 14,017 | 3,204,987 |
5,884,973 | ||
Multi-Utilities — 0.9% | ||
Ameren Corp. | 7,542 | 700,652 |
CenterPoint Energy, Inc. | 18,398 | 563,163 |
CMS Energy Corp. | 8,477 | 582,285 |
Consolidated Edison, Inc. | 10,365 | 961,250 |
Dominion Energy, Inc. | 23,694 | 1,934,378 |
DTE Energy Co. | 5,657 | 741,293 |
NiSource, Inc. | 11,480 | 334,298 |
Public Service Enterprise Group, Inc. | 14,803 | 1,031,177 |
Sempra Energy | 9,343 | 1,507,586 |
WEC Energy Group, Inc. | 9,239 | 924,362 |
9,280,444 | ||
Oil, Gas & Consumable Fuels — 3.7% | ||
Cheniere Energy, Inc. | 6,910 | 938,447 |
Chevron Corp. | 56,421 | 8,839,478 |
ConocoPhillips | 38,113 | 3,640,554 |
Continental Resources, Inc. (a) | 1,715 | 95,303 |
Coterra Energy, Inc. | 23,816 | 685,663 |
Devon Energy Corp. | 18,418 | 1,071,375 |
Diamondback Energy, Inc. | 4,981 | 628,752 |
EOG Resources, Inc. | 17,128 | 1,999,865 |
Exxon Mobil Corp. | 123,909 | 10,563,242 |
Hess Corp. | 8,075 | 832,290 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 129 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Oil, Gas & Consumable Fuels — continued | ||
Kinder Morgan, Inc. | 57,068 | 1,035,784 |
Marathon Petroleum Corp. | 16,939 | 1,478,097 |
Occidental Petroleum Corp. | 25,962 | 1,430,247 |
ONEOK, Inc. | 13,055 | 826,773 |
Phillips 66 | 13,691 | 1,187,831 |
Pioneer Natural Resources Co. | 6,649 | 1,545,693 |
Texas Pacific Land Corp. | 192 | 262,387 |
Valero Energy Corp. | 11,962 | 1,333,524 |
Williams Cos., Inc. (The) | 35,555 | 1,219,181 |
39,614,486 | ||
Personal Products — 0.2% | ||
Estee Lauder Cos., Inc. (The), Class A | 6,792 | 1,793,496 |
Olaplex Holdings, Inc. * | 2,082 | 30,605 |
1,824,101 | ||
Pharmaceuticals — 4.1% | ||
Bristol-Myers Squibb Co. | 63,787 | 4,801,247 |
Catalent, Inc. * | 5,241 | 474,625 |
Elanco Animal Health, Inc. * | 13,857 | 350,721 |
Eli Lilly & Co. | 23,241 | 6,789,393 |
Jazz Pharmaceuticals plc * | 1,794 | 287,435 |
Johnson & Johnson | 77,054 | 13,905,165 |
Merck & Co., Inc. | 73,925 | 6,556,408 |
Pfizer, Inc. | 164,257 | 8,060,091 |
Royalty Pharma plc, Class A | 10,437 | 444,407 |
Viatris, Inc. | 35,443 | 366,126 |
Zoetis, Inc. | 13,858 | 2,456,331 |
44,491,949 | ||
Professional Services — 0.4% | ||
Clarivate plc * | 11,655 | 182,750 |
CoStar Group, Inc. * | 11,566 | 735,829 |
Dun & Bradstreet Holdings, Inc. * | 4,412 | 69,665 |
Equifax, Inc. | 3,563 | 725,142 |
Jacobs Engineering Group, Inc. | 3,782 | 523,996 |
Leidos Holdings, Inc. | 4,104 | 424,805 |
Nielsen Holdings plc | 10,499 | 281,478 |
TransUnion | 5,600 | 490,112 |
Verisk Analytics, Inc. | 4,711 | 961,280 |
4,395,057 | ||
Real Estate Management & Development — 0.1% | ||
CBRE Group, Inc., Class A * | 9,804 | 814,124 |
Opendoor Technologies, Inc. * (a) | 11,388 | 79,602 |
INVESTMENTS | SHARES | VALUE($) |
Real Estate Management & Development — continued | ||
Zillow Group, Inc., Class A * (a) | 1,088 | 42,051 |
Zillow Group, Inc., Class C * | 4,879 | 194,282 |
1,130,059 | ||
Road & Rail — 1.1% | ||
CSX Corp. | 64,911 | 2,229,044 |
JB Hunt Transport Services, Inc. | 2,447 | 418,070 |
Lyft, Inc., Class A * | 8,758 | 285,511 |
Norfolk Southern Corp. | 7,014 | 1,808,770 |
Old Dominion Freight Line, Inc. | 2,716 | 760,806 |
Uber Technologies, Inc. * | 48,837 | 1,537,389 |
Union Pacific Corp. | 18,639 | 4,366,931 |
XPO Logistics, Inc. * | 2,889 | 155,399 |
11,561,920 | ||
Semiconductors & Semiconductor Equipment — 5.3% | ||
Advanced Micro Devices, Inc. * | 47,834 | 4,090,764 |
Analog Devices, Inc. | 15,379 | 2,374,210 |
Applied Materials, Inc. | 25,980 | 2,866,893 |
Broadcom, Inc. | 12,069 | 6,690,933 |
Enphase Energy, Inc. * | 3,907 | 630,590 |
Entegris, Inc. | 3,976 | 442,887 |
Intel Corp. | 119,160 | 5,194,184 |
KLA Corp. | 4,407 | 1,406,979 |
Lam Research Corp. | 4,082 | 1,901,232 |
Marvell Technology, Inc. | 24,699 | 1,434,518 |
Microchip Technology, Inc. | 16,274 | 1,061,065 |
Micron Technology, Inc. | 32,783 | 2,235,473 |
Monolithic Power Systems, Inc. | 1,258 | 493,438 |
NVIDIA Corp. | 73,155 | 13,568,058 |
NXP Semiconductors NV (China) | 7,790 | 1,331,311 |
ON Semiconductor Corp. * | 12,600 | 656,586 |
Qorvo, Inc. * | 3,176 | 361,365 |
QUALCOMM, Inc. | 32,974 | 4,606,138 |
Skyworks Solutions, Inc. | 4,787 | 542,367 |
SolarEdge Technologies, Inc. * | 1,529 | 382,877 |
Teradyne, Inc. | 4,760 | 501,989 |
Texas Instruments, Inc. | 27,032 | 4,602,198 |
57,376,055 | ||
Software — 9.3% | ||
Adobe, Inc. * | 13,793 | 5,461,338 |
ANSYS, Inc. * | 2,560 | 705,766 |
AppLovin Corp., Class A * (a) | 1,048 | 39,981 |
Autodesk, Inc. * | 6,435 | 1,218,017 |
Bentley Systems, Inc., Class B (a) | 5,374 | 227,804 |
130 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Software — continued | ||
Bill.com Holdings, Inc. * | 2,691 | 459,381 |
Cadence Design Systems, Inc. * | 8,114 | 1,223,997 |
Ceridian HCM Holding, Inc. * | 4,010 | 225,081 |
Citrix Systems, Inc. | 3,636 | 363,964 |
Coupa Software, Inc. * | 2,172 | 187,444 |
Crowdstrike Holdings, Inc., Class A * | 6,095 | 1,211,442 |
Datadog, Inc., Class A * | 7,531 | 909,594 |
DocuSign, Inc. * | 5,794 | 469,314 |
Dynatrace, Inc. * | 5,775 | 221,529 |
Fortinet, Inc. * | 3,981 | 1,150,549 |
HubSpot, Inc. * | 1,300 | 493,259 |
Intuit, Inc. | 8,274 | 3,464,737 |
Microsoft Corp. | 219,410 | 60,890,663 |
NortonLifeLock, Inc. | 17,015 | 426,056 |
Oracle Corp. | 46,099 | 3,383,667 |
Palantir Technologies, Inc., Class A * | 46,870 | 487,448 |
Palo Alto Networks, Inc. * | 2,890 | 1,622,099 |
Paycom Software, Inc. * | 1,413 | 397,717 |
Paylocity Holding Corp. * | 1,162 | 220,350 |
PTC, Inc. * | 3,092 | 353,137 |
RingCentral, Inc., Class A * | 2,396 | 203,301 |
Salesforce, Inc. * | 28,826 | 5,071,646 |
ServiceNow, Inc. * | 5,850 | 2,796,885 |
Splunk, Inc. * | 4,648 | 567,149 |
SS&C Technologies Holdings, Inc. | 6,468 | 418,221 |
Synopsys, Inc. * | 4,479 | 1,284,532 |
Trade Desk, Inc. (The), Class A * | 12,766 | 752,173 |
Tyler Technologies, Inc. * | 1,196 | 472,073 |
UiPath, Inc., Class A * (a) | 7,783 | 138,771 |
Unity Software, Inc. * | 4,782 | 317,573 |
VMware, Inc., Class A | 5,897 | 637,112 |
Workday, Inc., Class A * | 5,637 | 1,165,168 |
Zoom Video Communications, Inc., Class A * | 6,383 | 635,555 |
Zscaler, Inc. * | 2,336 | 473,601 |
100,748,094 | ||
Specialty Retail — 2.1% | ||
Advance Auto Parts, Inc. | 1,818 | 362,927 |
AutoZone, Inc. * | 602 | 1,177,193 |
Bath & Body Works, Inc. | 7,545 | 399,055 |
Best Buy Co., Inc. | 6,342 | 570,336 |
Burlington Stores, Inc. * | 1,962 | 399,385 |
CarMax, Inc. * | 4,725 | 405,310 |
Carvana Co. * | 2,515 | 145,769 |
Home Depot, Inc. (The) | 30,561 | 9,180,524 |
INVESTMENTS | SHARES | VALUE($) |
Specialty Retail — continued | ||
Lowe's Cos., Inc. | 19,725 | 3,900,224 |
O'Reilly Automotive, Inc. * | 1,978 | 1,199,756 |
Ross Stores, Inc. | 10,326 | 1,030,225 |
TJX Cos., Inc. (The) | 34,913 | 2,139,469 |
Tractor Supply Co. | 3,319 | 668,613 |
Ulta Beauty, Inc. * | 1,572 | 623,770 |
22,202,556 | ||
Technology Hardware, Storage & Peripherals — 6.9% | ||
Apple, Inc. | 453,731 | 71,530,692 |
Dell Technologies, Inc., Class C | 8,482 | 398,739 |
Hewlett Packard Enterprise Co. | 37,853 | 583,315 |
HP, Inc. | 31,691 | 1,160,841 |
NetApp, Inc. | 6,496 | 475,832 |
Seagate Technology Holdings plc | 5,887 | 482,970 |
Western Digital Corp. * | 9,145 | 485,325 |
75,117,714 | ||
Textiles, Apparel & Luxury Goods — 0.6% | ||
Lululemon Athletica, Inc. * | 3,448 | 1,222,764 |
NIKE, Inc., Class B | 37,343 | 4,656,672 |
Tapestry, Inc. | 7,711 | 253,846 |
Under Armour, Inc., Class A * | 5,522 | 84,818 |
Under Armour, Inc., Class C * | 6,304 | 89,454 |
VF Corp. | 9,434 | 490,568 |
6,798,122 | ||
Tobacco — 0.7% | ||
Altria Group, Inc. | 53,349 | 2,964,604 |
Philip Morris International, Inc. | 45,362 | 4,536,200 |
7,500,804 | ||
Trading Companies & Distributors — 0.2% | ||
Fastenal Co. | 16,848 | 931,863 |
United Rentals, Inc. * | 2,112 | 668,490 |
Watsco, Inc. | 958 | 255,575 |
WW Grainger, Inc. | 1,257 | 628,538 |
2,484,466 | ||
Water Utilities — 0.1% | ||
American Water Works Co., Inc. | 5,306 | 817,548 |
Wireless Telecommunication Services — 0.2% | ||
T-Mobile US, Inc. * | 17,182 | 2,115,792 |
Total Common Stocks (Cost $1,070,253,861) | 1,076,821,740 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 131 |
INVESTMENTS | SHARES | VALUE($) |
Short Term Investments — 0.8% | ||
Investment Companies — 0.4% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) (Cost $4,124,457) | 4,124,457 | 4,124,457 |
Investment of Cash Collateral from Securities Loaned — 0.4% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) (Cost $4,273,902) | 4,273,902 | 4,273,902 |
Total Short Term Investments (Cost $8,398,359) | 8,398,359 | |
Total Investments — 100.3% (Cost $1,078,652,220) | 1,085,220,099 | |
Liabilities in Excess of Other Assets — (0.3)% | (3,493,939) | |
NET ASSETS — 100.0% | 1,081,726,160 | |
Percentages indicated are based on net assets. |
^ | Amount rounds to less than 0.1% of net assets. |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $3,968,472. | |
(b) | Investment in affiliate. This security is included in an index in which the Fund, as an index fund, tracks. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
S&P 500 E-Mini Index | 21 | 06/17/2022 | USD | 4,337,288 | (151,298) |
Abbreviations | |
USD | United States Dollar |
132 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.7% | ||
Aerospace & Defense — 1.4% | ||
Axon Enterprise, Inc. * | 35,274 | 3,957,743 |
BWX Technologies, Inc. | 47,503 | 2,466,356 |
Curtiss-Wright Corp. | 20,204 | 2,887,354 |
Hexcel Corp. | 43,209 | 2,348,841 |
Mercury Systems, Inc. * | 29,235 | 1,631,021 |
Moog, Inc., Class A | 14,950 | 1,194,056 |
Rocket Lab USA, Inc. * | 74,037 | 546,393 |
Spirit AeroSystems Holdings, Inc., Class A | 54,344 | 2,284,622 |
Woodward, Inc. | 32,482 | 3,588,611 |
20,904,997 | ||
Air Freight & Logistics — 0.2% | ||
GXO Logistics, Inc. * | 50,786 | 3,006,023 |
Airlines — 0.9% | ||
Alaska Air Group, Inc. * | 64,846 | 3,526,974 |
Allegiant Travel Co. * | 7,821 | 1,213,741 |
American Airlines Group, Inc. * (a) | 333,632 | 6,262,272 |
Frontier Group Holdings, Inc. * | 15,570 | 165,198 |
JetBlue Airways Corp. * | 163,791 | 1,803,339 |
Joby Aviation, Inc. * (a) | 136,843 | 717,057 |
13,688,581 | ||
Auto Components — 1.0% | ||
Adient plc * | 48,800 | 1,666,032 |
Dana, Inc. | 74,278 | 1,100,057 |
Fox Factory Holding Corp. * | 21,682 | 1,775,322 |
Gentex Corp. | 121,823 | 3,575,505 |
Goodyear Tire & Rubber Co. (The) * | 144,733 | 1,927,844 |
Luminar Technologies, Inc. * (a) | 116,489 | 1,440,969 |
QuantumScape Corp. * (a) | 131,926 | 1,970,975 |
Visteon Corp. * | 14,430 | 1,510,965 |
14,967,669 | ||
Automobiles — 0.3% | ||
Harley-Davidson, Inc. | 79,263 | 2,889,136 |
Thor Industries, Inc. (a) | 28,642 | 2,192,545 |
5,081,681 | ||
Banks — 5.4% | ||
Associated Banc-Corp. | 77,058 | 1,537,307 |
Bank of Hawaii Corp. | 20,737 | 1,541,589 |
Bank OZK | 62,323 | 2,394,450 |
BankUnited, Inc. | 44,107 | 1,655,777 |
BOK Financial Corp. | 15,513 | 1,286,493 |
Cadence Bank | 97,012 | 2,429,181 |
Commerce Bancshares, Inc. | 56,924 | 3,891,894 |
INVESTMENTS | SHARES | VALUE($) |
Banks — continued | ||
Cullen/Frost Bankers, Inc. | 29,347 | 3,882,315 |
First Citizens BancShares, Inc., Class A | 6,861 | 4,386,786 |
First Financial Bankshares, Inc. | 66,082 | 2,641,958 |
First Hawaiian, Inc. | 65,666 | 1,550,374 |
First Horizon Corp. | 275,053 | 6,155,686 |
FNB Corp. | 175,008 | 2,016,092 |
Glacier Bancorp, Inc. | 55,856 | 2,555,971 |
Hancock Whitney Corp. | 44,721 | 2,091,601 |
Home BancShares, Inc. | 77,583 | 1,677,345 |
PacWest Bancorp | 61,598 | 2,025,958 |
Pinnacle Financial Partners, Inc. | 39,220 | 3,041,511 |
Popular, Inc. (Puerto Rico) | 41,117 | 3,206,715 |
Prosperity Bancshares, Inc. | 47,488 | 3,104,765 |
SouthState Corp. | 39,469 | 3,056,479 |
Synovus Financial Corp. | 74,694 | 3,102,789 |
Texas Capital Bancshares, Inc. * | 26,082 | 1,339,572 |
UMB Financial Corp. | 22,208 | 2,002,717 |
Umpqua Holdings Corp. | 111,586 | 1,845,632 |
United Bankshares, Inc. | 70,247 | 2,336,415 |
Valley National Bancorp | 217,050 | 2,600,259 |
Webster Financial Corp. | 92,610 | 4,629,574 |
Western Alliance Bancorp | 54,899 | 4,178,363 |
Wintrust Financial Corp. | 29,360 | 2,563,715 |
80,729,283 | ||
Beverages — 0.2% | ||
Boston Beer Co., Inc. (The), Class A * | 4,826 | 1,809,750 |
Celsius Holdings, Inc. * (a) | 19,658 | 1,022,216 |
National Beverage Corp. | 12,030 | 530,282 |
3,362,248 | ||
Biotechnology — 3.2% | ||
ACADIA Pharmaceuticals, Inc. * | 60,431 | 1,114,348 |
Agios Pharmaceuticals, Inc. * | 27,963 | 614,347 |
Allakos, Inc. * (a) | 18,197 | 68,603 |
Arrowhead Pharmaceuticals, Inc. * | 54,304 | 2,232,438 |
Beam Therapeutics, Inc. * (a) | 23,161 | 869,232 |
Biohaven Pharmaceutical Holding Co. Ltd. * | 31,616 | 2,819,199 |
Blueprint Medicines Corp. * | 30,295 | 1,767,713 |
Bridgebio Pharma, Inc. * (a) | 55,349 | 443,899 |
Cerevel Therapeutics Holdings, Inc. * | 28,805 | 843,410 |
ChemoCentryx, Inc. * | 25,258 | 466,263 |
CRISPR Therapeutics AG (Switzerland) * | 36,262 | 1,799,320 |
Denali Therapeutics, Inc. * | 47,806 | 1,137,783 |
Exelixis, Inc. * | 162,953 | 3,640,370 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 133 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Biotechnology — continued | ||
Fate Therapeutics, Inc. * | 41,800 | 1,193,808 |
Global Blood Therapeutics, Inc. * | 30,200 | 927,140 |
Halozyme Therapeutics, Inc. * | 72,513 | 2,893,269 |
ImmunityBio, Inc. * (a) | 34,826 | 126,418 |
Intellia Therapeutics, Inc. * | 35,640 | 1,747,429 |
Ionis Pharmaceuticals, Inc. * | 72,721 | 2,673,224 |
Iovance Biotherapeutics, Inc. * | 70,301 | 1,065,060 |
Kodiak Sciences, Inc. * | 17,299 | 104,140 |
Ligand Pharmaceuticals, Inc. * | 8,602 | 798,782 |
Mirati Therapeutics, Inc. * | 25,589 | 1,581,144 |
Natera, Inc. * | 45,320 | 1,591,638 |
Novavax, Inc. * (a) | 38,926 | 1,754,395 |
Recursion Pharmaceuticals, Inc., Class A * (a) | 13,145 | 81,499 |
Relay Therapeutics, Inc. * | 39,503 | 941,357 |
Sage Therapeutics, Inc. * | 26,713 | 841,994 |
Sana Biotechnology, Inc. * (a) | 42,778 | 322,974 |
Sarepta Therapeutics, Inc. * | 44,845 | 3,243,190 |
Twist Bioscience Corp. * | 27,731 | 799,762 |
Ultragenyx Pharmaceutical, Inc. * | 35,090 | 2,480,512 |
United Therapeutics Corp. * | 23,194 | 4,118,327 |
Vir Biotechnology, Inc. * | 37,752 | 768,253 |
47,871,240 | ||
Building Products — 2.0% | ||
A O Smith Corp. | 67,694 | 3,955,360 |
Advanced Drainage Systems, Inc. | 29,266 | 2,998,594 |
Armstrong World Industries, Inc. | 24,463 | 2,071,038 |
AZEK Co., Inc. (The) * | 57,511 | 1,221,534 |
Builders FirstSource, Inc. * | 98,638 | 6,073,142 |
Carlisle Cos., Inc. | 26,933 | 6,985,343 |
Hayward Holdings, Inc. * | 21,519 | 342,152 |
JELD-WEN Holding, Inc. * | 47,185 | 980,976 |
Trex Co., Inc. * | 59,296 | 3,450,434 |
UFP Industries, Inc. | 31,865 | 2,465,395 |
30,543,968 | ||
Capital Markets — 2.7% | ||
Affiliated Managers Group, Inc. | 20,933 | 2,628,557 |
Ares Management Corp. | 86,333 | 5,716,971 |
Artisan Partners Asset Management, Inc., Class A | 34,369 | 1,104,620 |
Blue Owl Capital, Inc. | 171,355 | 2,044,265 |
Evercore, Inc., Class A | 20,095 | 2,125,046 |
Federated Hermes, Inc. | 49,891 | 1,420,896 |
Houlihan Lokey, Inc. | 26,090 | 2,173,036 |
INVESTMENTS | SHARES | VALUE($) |
Capital Markets — continued | ||
Interactive Brokers Group, Inc., Class A | 44,991 | 2,679,664 |
Janus Henderson Group plc | 87,072 | 2,653,954 |
LPL Financial Holdings, Inc. | 41,263 | 7,752,080 |
Morningstar, Inc. | 12,214 | 3,092,951 |
Open Lending Corp., Class A * | 52,637 | 717,969 |
Stifel Financial Corp. | 53,830 | 3,329,385 |
Tradeweb Markets, Inc., Class A | 54,141 | 3,854,298 |
41,293,692 | ||
Chemicals — 2.5% | ||
Amyris, Inc. * (a) | 100,030 | 343,103 |
Ashland Global Holdings, Inc. | 27,255 | 2,860,957 |
Avient Corp. | 47,120 | 2,320,189 |
Axalta Coating Systems Ltd. * | 110,546 | 2,804,552 |
Balchem Corp. | 16,691 | 2,056,331 |
Cabot Corp. | 29,152 | 1,919,659 |
Diversey Holdings Ltd. * | 24,531 | 189,870 |
Element Solutions, Inc. | 112,166 | 2,312,863 |
Huntsman Corp. | 106,673 | 3,613,015 |
Ingevity Corp. * | 20,227 | 1,211,597 |
NewMarket Corp. | 3,537 | 1,148,146 |
Olin Corp. | 72,677 | 4,171,660 |
RPM International, Inc. | 66,804 | 5,538,052 |
Scotts Miracle-Gro Co. (The) | 20,896 | 2,171,721 |
Sensient Technologies Corp. | 21,644 | 1,831,082 |
Valvoline, Inc. | 92,386 | 2,792,829 |
37,285,626 | ||
Commercial Services & Supplies — 1.1% | ||
Brink's Co. (The) | 25,323 | 1,492,791 |
Cimpress plc (Ireland) * | 10,080 | 509,141 |
Clean Harbors, Inc. * | 25,769 | 2,703,941 |
Driven Brands Holdings, Inc. * | 28,453 | 793,554 |
IAA, Inc. * | 69,452 | 2,545,416 |
MSA Safety, Inc. | 18,769 | 2,265,231 |
Stericycle, Inc. * | 47,303 | 2,374,137 |
Tetra Tech, Inc. | 27,811 | 3,873,516 |
16,557,727 | ||
Communications Equipment — 0.7% | ||
Ciena Corp. * | 79,759 | 4,400,304 |
CommScope Holding Co., Inc. * | 105,343 | 635,218 |
Lumentum Holdings, Inc. * | 37,180 | 3,019,388 |
Viasat, Inc. * | 38,327 | 1,410,817 |
Viavi Solutions, Inc. * | 118,482 | 1,699,032 |
11,164,759 |
134 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Construction & Engineering — 1.3% | ||
AECOM | 72,787 | 5,135,851 |
EMCOR Group, Inc. | 27,502 | 2,928,413 |
MasTec, Inc. * | 30,301 | 2,181,975 |
MDU Resources Group, Inc. | 104,744 | 2,698,205 |
Valmont Industries, Inc. | 10,926 | 2,718,498 |
WillScot Mobile Mini Holdings Corp. * | 114,936 | 4,034,254 |
19,697,196 | ||
Construction Materials — 0.2% | ||
Eagle Materials, Inc. | 20,335 | 2,507,712 |
Consumer Finance — 0.7% | ||
Credit Acceptance Corp. * | 4,131 | 2,117,137 |
FirstCash Holdings, Inc. | 20,729 | 1,653,760 |
Green Dot Corp., Class A * | 28,148 | 745,359 |
LendingClub Corp. * | 52,028 | 793,427 |
OneMain Holdings, Inc. | 55,790 | 2,562,435 |
PROG Holdings, Inc. * | 29,217 | 773,374 |
SLM Corp. | 143,641 | 2,403,114 |
11,048,606 | ||
Containers & Packaging — 1.1% | ||
AptarGroup, Inc. | 33,906 | 3,893,426 |
Berry Global Group, Inc. * | 69,676 | 3,926,242 |
Graphic Packaging Holding Co. | 145,530 | 3,172,554 |
Silgan Holdings, Inc. | 43,218 | 1,917,583 |
Sonoco Products Co. | 50,655 | 3,136,051 |
16,045,856 | ||
Diversified Consumer Services — 1.5% | ||
ADT, Inc. | 75,051 | 514,099 |
Bright Horizons Family Solutions, Inc. * | 31,083 | 3,550,922 |
Chegg, Inc. * | 70,523 | 1,744,739 |
Coursera, Inc. * | 43,349 | 815,395 |
Frontdoor, Inc. * | 43,631 | 1,348,634 |
Graham Holdings Co., Class B | 2,066 | 1,223,837 |
Grand Canyon Education, Inc. * | 20,393 | 1,957,116 |
H&R Block, Inc. | 84,750 | 2,209,433 |
Mister Car Wash, Inc. * | 19,915 | 286,776 |
PowerSchool Holdings, Inc., Class A * | 21,134 | 319,969 |
Service Corp. International | 84,935 | 5,572,585 |
Terminix Global Holdings, Inc. * | 62,407 | 2,863,857 |
Udemy, Inc. * | 7,865 | 85,807 |
22,493,169 |
INVESTMENTS | SHARES | VALUE($) |
Diversified Telecommunication Services — 0.4% | ||
Frontier Communications Parent, Inc. * | 107,010 | 2,823,994 |
Iridium Communications, Inc. * | 68,082 | 2,431,208 |
5,255,202 | ||
Electric Utilities — 1.0% | ||
ALLETE, Inc. | 28,718 | 1,704,126 |
Hawaiian Electric Industries, Inc. | 56,301 | 2,314,534 |
IDACORP, Inc. | 26,027 | 2,737,520 |
OGE Energy Corp. | 103,112 | 3,988,372 |
PNM Resources, Inc. | 44,199 | 2,062,326 |
Portland General Electric Co. | 46,061 | 2,180,067 |
14,986,945 | ||
Electrical Equipment — 1.4% | ||
Acuity Brands, Inc. | 18,024 | 3,108,779 |
Array Technologies, Inc. * | 61,888 | 404,129 |
Bloom Energy Corp., Class A * | 76,101 | 1,412,435 |
ChargePoint Holdings, Inc. * (a) | 90,358 | 1,169,232 |
EnerSys | 21,261 | 1,391,745 |
Enovix Corp. * | 50,123 | 453,112 |
GrafTech International Ltd. | 103,050 | 935,694 |
nVent Electric plc | 86,640 | 2,926,699 |
Regal Rexnord Corp. | 34,892 | 4,439,658 |
Sunrun, Inc. * | 106,611 | 2,130,088 |
Vertiv Holdings Co. | 156,723 | 1,963,739 |
20,335,310 | ||
Electronic Equipment, Instruments & Components — 2.0% | ||
Arrow Electronics, Inc. * | 35,043 | 4,130,168 |
Avnet, Inc. | 50,969 | 2,225,307 |
Belden, Inc. | 23,126 | 1,193,995 |
Coherent, Inc. * | 12,775 | 3,422,423 |
II-VI, Inc. * (a) | 54,768 | 3,352,349 |
Jabil, Inc. | 73,908 | 4,266,709 |
Littelfuse, Inc. | 12,672 | 2,905,056 |
National Instruments Corp. | 67,924 | 2,454,773 |
Novanta, Inc. * | 18,343 | 2,360,744 |
TD SYNNEX Corp. | 21,359 | 2,137,822 |
Vontier Corp. | 87,079 | 2,230,964 |
30,680,310 | ||
Energy Equipment & Services — 0.4% | ||
ChampionX Corp. | 104,079 | 2,196,067 |
NOV, Inc. | 202,237 | 3,666,557 |
5,862,624 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 135 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Entertainment — 1.1% | ||
Liberty Media Corp-Liberty Formula One, Class A * | 11,618 | 667,105 |
Liberty Media Corp-Liberty Formula One, Class C * | 104,997 | 6,544,463 |
Lions Gate Entertainment Corp., Class A * | 31,721 | 427,916 |
Lions Gate Entertainment Corp., Class B * | 62,897 | 790,615 |
Madison Square Garden Sports Corp. * | 8,808 | 1,427,865 |
Skillz, Inc. * (a) | 134,595 | 275,920 |
Warner Music Group Corp., Class A | 59,345 | 1,766,701 |
Zynga, Inc., Class A * | 547,358 | 4,526,651 |
16,427,236 | ||
Equity Real Estate Investment Trusts (REITs) — 9.3% | ||
American Campus Communities, Inc. | 71,676 | 4,635,287 |
American Homes 4 Rent, Class A | 152,082 | 6,023,968 |
Americold Realty Trust | 137,396 | 3,624,506 |
Apartment Income REIT Corp. | 80,862 | 3,975,984 |
Apple Hospitality REIT, Inc. | 109,388 | 1,935,074 |
Brixmor Property Group, Inc. | 153,410 | 3,893,546 |
Cousins Properties, Inc. | 76,573 | 2,748,971 |
CubeSmart | 112,696 | 5,354,187 |
DigitalBridge Group, Inc. * | 264,477 | 1,840,760 |
Douglas Emmett, Inc. | 90,379 | 2,662,565 |
EastGroup Properties, Inc. | 20,949 | 3,927,937 |
EPR Properties | 38,530 | 2,023,596 |
Equity Commonwealth * | 58,267 | 1,526,013 |
First Industrial Realty Trust, Inc. | 67,107 | 3,892,206 |
Gaming and Leisure Properties, Inc. | 120,965 | 5,368,427 |
Healthcare Realty Trust, Inc. | 76,008 | 2,058,297 |
Healthcare Trust of America, Inc., Class A | 113,728 | 3,464,155 |
Highwoods Properties, Inc. | 54,024 | 2,206,340 |
Hudson Pacific Properties, Inc. | 78,541 | 1,828,434 |
Innovative Industrial Properties, Inc. | 14,006 | 2,025,127 |
JBG SMITH Properties | 58,790 | 1,549,704 |
Kilroy Realty Corp. | 54,099 | 3,786,930 |
Lamar Advertising Co., Class A | 44,717 | 4,937,204 |
Life Storage, Inc. | 42,253 | 5,598,100 |
Medical Properties Trust, Inc. | 307,408 | 5,653,233 |
National Health Investors, Inc. | 23,628 | 1,217,551 |
National Retail Properties, Inc. | 90,452 | 3,965,416 |
National Storage Affiliates Trust | 42,215 | 2,389,369 |
Omega Healthcare Investors, Inc. | 123,099 | 3,136,562 |
Outfront Media, Inc. | 74,994 | 1,919,846 |
Park Hotels & Resorts, Inc. | 121,803 | 2,400,737 |
Pebblebrook Hotel Trust | 67,678 | 1,652,697 |
INVESTMENTS | SHARES | VALUE($) |
Equity Real Estate Investment Trusts (REITs) — continued | ||
Piedmont Office Realty Trust, Inc., Class A | 63,941 | 1,029,450 |
PS Business Parks, Inc. | 10,345 | 1,936,584 |
Rayonier, Inc. | 74,873 | 3,234,514 |
Rexford Industrial Realty, Inc. | 82,543 | 6,441,656 |
RLJ Lodging Trust | 85,790 | 1,202,776 |
Ryman Hospitality Properties, Inc. * | 28,370 | 2,652,028 |
Sabra Health Care REIT, Inc. | 117,792 | 1,375,811 |
SITE Centers Corp. | 92,474 | 1,470,337 |
SL Green Realty Corp. | 33,023 | 2,285,870 |
Spirit Realty Capital, Inc. | 65,763 | 2,857,402 |
STAG Industrial, Inc. | 90,774 | 3,387,686 |
STORE Capital Corp. | 126,402 | 3,593,609 |
Sunstone Hotel Investors, Inc. * | 112,954 | 1,383,686 |
Terreno Realty Corp. | 38,871 | 2,827,865 |
Uniti Group, Inc. | 121,602 | 1,506,649 |
140,408,652 | ||
Food & Staples Retailing — 1.3% | ||
BJ's Wholesale Club Holdings, Inc. * | 70,036 | 4,506,817 |
Casey's General Stores, Inc. | 19,120 | 3,848,856 |
Performance Food Group Co. * | 79,719 | 3,926,161 |
PriceSmart, Inc. | 12,396 | 984,862 |
Sprouts Farmers Market, Inc. * | 57,821 | 1,723,066 |
US Foods Holding Corp. * | 114,757 | 4,317,158 |
19,306,920 | ||
Food Products — 1.4% | ||
Beyond Meat, Inc. * (a) | 30,982 | 1,142,616 |
Darling Ingredients, Inc. * | 83,338 | 6,116,176 |
Flowers Foods, Inc. | 102,358 | 2,714,534 |
Freshpet, Inc. * | 22,349 | 2,086,279 |
Hain Celestial Group, Inc. (The) * | 47,039 | 1,577,688 |
Ingredion, Inc. | 34,256 | 2,915,528 |
Lancaster Colony Corp. | 10,203 | 1,583,301 |
Pilgrim's Pride Corp. * | 25,116 | 712,039 |
Post Holdings, Inc. * | 29,312 | 2,180,520 |
Seaboard Corp. | 126 | 532,349 |
21,561,030 | ||
Gas Utilities — 0.8% | ||
National Fuel Gas Co. | 47,097 | 3,302,913 |
New Jersey Resources Corp. | 49,472 | 2,135,211 |
ONE Gas, Inc. | 27,608 | 2,329,287 |
Southwest Gas Holdings, Inc. | 33,935 | 2,990,013 |
Spire, Inc. | 26,669 | 1,940,170 |
12,697,594 |
136 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Health Care Equipment & Supplies — 2.4% | ||
Enovis Corp. * | 23,330 | 1,513,417 |
Envista Holdings Corp. * | 83,122 | 3,293,294 |
Figs, Inc., Class A * | 18,737 | 293,422 |
Globus Medical, Inc., Class A * | 40,712 | 2,695,949 |
Haemonetics Corp. * | 26,321 | 1,333,685 |
ICU Medical, Inc. * | 10,260 | 2,195,537 |
Inari Medical, Inc. * | 16,534 | 1,334,294 |
Integra LifeSciences Holdings Corp. * | 37,530 | 2,295,335 |
LivaNova plc * | 27,429 | 2,102,707 |
Masimo Corp. * | 26,169 | 2,956,312 |
Nevro Corp. * | 17,967 | 1,108,384 |
NuVasive, Inc. * | 26,662 | 1,371,493 |
Ortho Clinical Diagnostics Holdings plc * | 58,635 | 1,032,562 |
Penumbra, Inc. * (a) | 18,073 | 3,118,677 |
Quidel Corp. * | 19,522 | 1,964,304 |
Shockwave Medical, Inc. * | 18,198 | 2,750,264 |
STAAR Surgical Co. * | 24,524 | 1,400,075 |
Tandem Diabetes Care, Inc. * | 32,709 | 3,155,764 |
35,915,475 | ||
Health Care Providers & Services — 2.4% | ||
1Life Healthcare, Inc. * | 87,489 | 616,797 |
Acadia Healthcare Co., Inc. * | 46,320 | 3,144,202 |
Alignment Healthcare, Inc. * | 14,475 | 139,105 |
Amedisys, Inc. * | 16,799 | 2,144,392 |
Apollo Medical Holdings, Inc. * | 19,448 | 709,463 |
Chemed Corp. | 7,920 | 3,891,809 |
Encompass Health Corp. | 51,229 | 3,526,092 |
Guardant Health, Inc. * | 52,362 | 3,230,735 |
HealthEquity, Inc. * | 43,065 | 2,683,811 |
Invitae Corp. * | 107,264 | 569,572 |
LHC Group, Inc. * | 16,307 | 2,704,516 |
LifeStance Health Group, Inc. * (a) | 21,182 | 143,402 |
Option Care Health, Inc. * | 71,321 | 2,131,072 |
Patterson Cos., Inc. | 44,694 | 1,375,234 |
Premier, Inc., Class A | 61,350 | 2,221,484 |
Privia Health Group, Inc. * | 13,721 | 301,725 |
Progyny, Inc. * | 35,847 | 1,378,317 |
R1 RCM, Inc. * | 68,779 | 1,548,903 |
Signify Health, Inc., Class A * | 12,339 | 170,278 |
Tenet Healthcare Corp. * | 55,191 | 4,001,899 |
36,632,808 | ||
Health Care Technology — 0.9% | ||
Certara, Inc. * | 53,448 | 980,771 |
INVESTMENTS | SHARES | VALUE($) |
Health Care Technology — continued | ||
Change Healthcare, Inc. * | 129,971 | 3,062,117 |
Definitive Healthcare Corp. * | 13,807 | 326,535 |
Doximity, Inc., Class A * | 47,732 | 1,903,075 |
Inspire Medical Systems, Inc. * | 14,082 | 2,897,512 |
Multiplan Corp. * (a) | 124,925 | 553,418 |
Omnicell, Inc. * | 22,622 | 2,469,644 |
Schrodinger, Inc. * | 24,154 | 597,087 |
12,790,159 | ||
Hotels, Restaurants & Leisure — 3.2% | ||
Boyd Gaming Corp. | 42,249 | 2,559,445 |
Choice Hotels International, Inc. | 16,907 | 2,374,757 |
Churchill Downs, Inc. | 17,731 | 3,598,329 |
Cracker Barrel Old Country Store, Inc. | 12,125 | 1,345,754 |
Hilton Grand Vacations, Inc. * | 45,668 | 2,138,633 |
Hyatt Hotels Corp., Class A * | 25,921 | 2,461,458 |
Life Time Group Holdings, Inc. * | 19,894 | 284,484 |
Light & Wonder, Inc. * | 49,694 | 2,785,846 |
Marriott Vacations Worldwide Corp. | 21,924 | 3,273,911 |
Norwegian Cruise Line Holdings Ltd. * | 214,710 | 4,300,641 |
Penn National Gaming, Inc. * | 85,565 | 3,129,112 |
Planet Fitness, Inc., Class A * | 42,939 | 3,436,408 |
SeaWorld Entertainment, Inc. * | 25,885 | 1,745,684 |
Six Flags Entertainment Corp. * | 39,868 | 1,525,748 |
Texas Roadhouse, Inc. | 35,854 | 2,951,860 |
Travel + Leisure Co. | 44,461 | 2,466,696 |
Wendy's Co. (The) | 90,915 | 1,796,481 |
Wingstop, Inc. | 15,365 | 1,409,892 |
Wyndham Hotels & Resorts, Inc. | 47,985 | 4,220,761 |
47,805,900 | ||
Household Durables — 0.9% | ||
Helen of Troy Ltd. * | 12,428 | 2,665,930 |
Leggett & Platt, Inc. | 68,694 | 2,447,567 |
Tempur Sealy International, Inc. | 99,168 | 2,688,445 |
Toll Brothers, Inc. | 57,876 | 2,683,710 |
TopBuild Corp. * | 16,959 | 3,071,953 |
13,557,605 | ||
Household Products — 0.2% | ||
Energizer Holdings, Inc. | 33,769 | 1,022,863 |
Reynolds Consumer Products, Inc. | 28,076 | 830,769 |
Spectrum Brands Holdings, Inc. | 20,994 | 1,785,959 |
3,639,591 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 137 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Independent Power and Renewable Electricity Producers — 0.2% | ||
Ormat Technologies, Inc. (a) | 23,078 | 1,793,161 |
Sunnova Energy International, Inc. * | 47,986 | 828,718 |
2,621,879 | ||
Insurance — 3.1% | ||
American National Group, Inc. | 6,660 | 1,256,143 |
Assurant, Inc. | 29,345 | 5,337,269 |
Assured Guaranty Ltd. | 35,967 | 1,983,580 |
Axis Capital Holdings Ltd. | 39,717 | 2,276,976 |
Brighthouse Financial, Inc. * | 40,107 | 2,059,896 |
CNO Financial Group, Inc. | 62,000 | 1,496,680 |
Enstar Group Ltd. * | 6,388 | 1,505,971 |
Erie Indemnity Co., Class A (a) | 12,858 | 2,060,880 |
First American Financial Corp. | 56,526 | 3,296,031 |
Hanover Insurance Group, Inc. (The) | 18,334 | 2,691,798 |
Kemper Corp. | 30,834 | 1,423,297 |
Lemonade, Inc. * (a) | 19,663 | 410,170 |
Mercury General Corp. | 13,698 | 690,790 |
Old Republic International Corp. | 147,069 | 3,236,989 |
Oscar Health, Inc., Class A * (a) | 19,867 | 146,221 |
Primerica, Inc. | 20,327 | 2,633,566 |
RenaissanceRe Holdings Ltd. (Bermuda) | 22,641 | 3,249,436 |
RLI Corp. | 20,540 | 2,357,581 |
Ryan Specialty Group Holdings, Inc., Class A * | 30,005 | 1,109,885 |
Selective Insurance Group, Inc. | 31,000 | 2,553,160 |
Unum Group | 105,320 | 3,214,366 |
White Mountains Insurance Group Ltd. | 1,535 | 1,608,711 |
46,599,396 | ||
Interactive Media & Services — 1.0% | ||
Bumble, Inc., Class A * | 37,267 | 894,035 |
Cargurus, Inc. * | 45,028 | 1,471,515 |
TripAdvisor, Inc. * | 51,012 | 1,309,478 |
Vimeo, Inc. * | 80,291 | 818,165 |
Yelp, Inc. * | 35,356 | 1,150,131 |
Ziff Davis, Inc. * | 24,830 | 2,193,979 |
ZoomInfo Technologies, Inc., Class A * | 155,761 | 7,383,072 |
15,220,375 | ||
Internet & Direct Marketing Retail — 0.1% | ||
Chewy, Inc., Class A * (a) | 45,647 | 1,326,502 |
Qurate Retail, Inc. | 184,132 | 775,196 |
2,101,698 | ||
IT Services — 1.5% | ||
BigCommerce Holdings, Inc. * | 30,931 | 552,737 |
INVESTMENTS | SHARES | VALUE($) |
IT Services — continued | ||
Bread Financial Holdings, Inc. | 25,634 | 1,404,743 |
Concentrix Corp. | 22,108 | 3,481,568 |
DigitalOcean Holdings, Inc. * | 9,007 | 355,146 |
Euronet Worldwide, Inc. * | 27,214 | 3,310,583 |
Fastly, Inc., Class A * | 55,059 | 875,438 |
Flywire Corp. * | 5,583 | 170,337 |
Genpact Ltd. | 87,826 | 3,536,753 |
LiveRamp Holdings, Inc. * | 35,056 | 1,097,954 |
Maximus, Inc. | 31,882 | 2,323,560 |
Rackspace Technology, Inc. * (a) | 32,451 | 320,941 |
SolarWinds Corp. | 22,952 | 283,916 |
Squarespace, Inc., Class A * (a) | 14,457 | 288,706 |
Thoughtworks Holding, Inc. * | 18,843 | 348,784 |
WEX, Inc. * | 23,087 | 3,837,983 |
22,189,149 | ||
Leisure Products — 0.9% | ||
Brunswick Corp. | 39,692 | 3,001,112 |
Callaway Golf Co. * | 60,350 | 1,324,079 |
Mattel, Inc. * | 180,447 | 4,386,667 |
Polaris, Inc. | 29,376 | 2,788,957 |
YETI Holdings, Inc. * | 45,123 | 2,205,161 |
13,705,976 | ||
Life Sciences Tools & Services — 1.5% | ||
10X Genomics, Inc., Class A * | 47,167 | 2,252,696 |
Adaptive Biotechnologies Corp. * | 55,986 | 461,884 |
Azenta, Inc. | 38,585 | 2,892,332 |
Bruker Corp. | 52,339 | 3,008,969 |
Maravai LifeSciences Holdings, Inc., Class A * | 56,203 | 1,727,118 |
Medpace Holdings, Inc. * | 14,802 | 1,977,103 |
NeoGenomics, Inc. * | 63,408 | 599,206 |
Pacific Biosciences of California, Inc. * | 113,610 | 720,287 |
Repligen Corp. * | 26,472 | 4,162,457 |
Sotera Health Co. * | 50,997 | 1,039,319 |
Syneos Health, Inc. * | 53,399 | 3,902,933 |
22,744,304 | ||
Machinery — 3.8% | ||
AGCO Corp. | 31,607 | 4,026,732 |
Allison Transmission Holdings, Inc. | 53,712 | 2,010,977 |
Chart Industries, Inc. * | 18,354 | 3,098,523 |
Crane Co. | 25,700 | 2,473,111 |
Evoqua Water Technologies Corp. * | 62,254 | 2,595,369 |
Flowserve Corp. | 67,096 | 2,194,710 |
138 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Machinery — continued | ||
Gates Industrial Corp. plc * | 49,503 | 631,163 |
Graco, Inc. | 87,526 | 5,428,363 |
ITT, Inc. | 44,083 | 3,095,508 |
Kennametal, Inc. | 42,780 | 1,100,730 |
Lincoln Electric Holdings, Inc. | 30,399 | 4,095,657 |
Middleby Corp. (The) * | 28,646 | 4,408,333 |
Nikola Corp. * (a) | 106,894 | 767,499 |
Nordson Corp. | 27,868 | 6,010,849 |
Oshkosh Corp. | 34,289 | 3,169,675 |
RBC Bearings, Inc. * | 14,863 | 2,502,186 |
Timken Co. (The) | 35,552 | 2,049,217 |
Toro Co. (The) | 54,032 | 4,329,584 |
Trinity Industries, Inc. | 42,140 | 1,168,964 |
Watts Water Technologies, Inc., Class A | 14,181 | 1,807,510 |
56,964,660 | ||
Marine — 0.1% | ||
Kirby Corp. * | 30,956 | 2,018,331 |
Media — 0.8% | ||
Advantage Solutions, Inc. * | 50,868 | 255,866 |
Altice USA, Inc., Class A * | 116,330 | 1,079,542 |
Cable One, Inc. | 2,543 | 2,965,647 |
John Wiley & Sons, Inc., Class A | 22,423 | 1,141,107 |
Magnite, Inc. * | 59,079 | 570,112 |
New York Times Co. (The), Class A | 86,077 | 3,298,471 |
Nexstar Media Group, Inc., Class A | 21,051 | 3,334,899 |
12,645,644 | ||
Metals & Mining — 2.1% | ||
Alcoa Corp. | 94,824 | 6,429,067 |
Cleveland-Cliffs, Inc. * | 246,251 | 6,276,938 |
Compass Minerals International, Inc. | 17,554 | 1,037,968 |
MP Materials Corp. * | 38,483 | 1,463,894 |
Reliance Steel & Aluminum Co. | 32,276 | 6,398,717 |
Royal Gold, Inc. | 33,812 | 4,411,790 |
United States Steel Corp. | 134,386 | 4,097,429 |
Worthington Industries, Inc. | 16,797 | 799,033 |
30,914,836 | ||
Mortgage Real Estate Investment Trusts (REITs) — 0.7% | ||
Blackstone Mortgage Trust, Inc., Class A | 86,856 | 2,609,154 |
Chimera Investment Corp. | 122,003 | 1,222,470 |
New Residential Investment Corp. | 240,417 | 2,500,337 |
INVESTMENTS | SHARES | VALUE($) |
Mortgage Real Estate Investment Trusts (REITs) — continued | ||
Starwood Property Trust, Inc. | 156,882 | 3,589,460 |
Two Harbors Investment Corp. | 177,142 | 852,053 |
10,773,474 | ||
Multiline Retail — 0.7% | ||
Kohl's Corp. | 71,677 | 4,148,665 |
Macy's, Inc. | 154,145 | 3,725,685 |
Nordstrom, Inc. | 57,423 | 1,475,771 |
Ollie's Bargain Outlet Holdings, Inc. * (a) | 30,230 | 1,452,551 |
10,802,672 | ||
Multi-Utilities — 0.3% | ||
Avista Corp. | 36,441 | 1,478,412 |
Black Hills Corp. | 32,884 | 2,408,424 |
3,886,836 | ||
Oil, Gas & Consumable Fuels — 4.5% | ||
Antero Midstream Corp. | 167,246 | 1,717,616 |
Antero Resources Corp. * | 147,147 | 5,179,574 |
APA Corp. | 187,120 | 7,658,822 |
Chesapeake Energy Corp. (a) | 53,695 | 4,404,064 |
CNX Resources Corp. * | 104,287 | 2,143,098 |
DT Midstream, Inc. | 49,836 | 2,678,685 |
EQT Corp. | 154,942 | 6,158,945 |
Equitrans Midstream Corp. | 209,414 | 1,645,994 |
HF Sinclair Corp. * | 77,005 | 2,927,730 |
Marathon Oil Corp. | 400,994 | 9,992,771 |
New Fortress Energy, Inc. | 21,321 | 826,828 |
Ovintiv, Inc. | 134,461 | 6,883,059 |
PDC Energy, Inc. | 50,156 | 3,497,879 |
Range Resources Corp. * | 128,663 | 3,852,170 |
Targa Resources Corp. | 117,937 | 8,657,755 |
68,224,990 | ||
Paper & Forest Products — 0.2% | ||
Louisiana-Pacific Corp. | 45,327 | 2,924,498 |
Personal Products — 0.2% | ||
Beauty Health Co. (The) * | 49,328 | 646,197 |
Coty, Inc., Class A * | 177,139 | 1,436,597 |
Herbalife Nutrition Ltd. * | 50,828 | 1,351,008 |
3,433,802 | ||
Pharmaceuticals — 0.8% | ||
Organon & Co. | 130,582 | 4,221,716 |
Pacira BioSciences, Inc. * | 22,951 | 1,711,456 |
Perrigo Co. plc | 68,890 | 2,362,927 |
Prestige Consumer Healthcare, Inc. * | 25,838 | 1,412,305 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 139 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Pharmaceuticals — continued | ||
Reata Pharmaceuticals, Inc., Class A * (a) | 14,094 | 357,706 |
Tilray Brands, Inc. (Canada) * (a) | 229,798 | 1,144,394 |
11,210,504 | ||
Professional Services — 2.5% | ||
Alight, Inc., Class A * | 126,567 | 1,087,211 |
ASGN, Inc. * | 26,841 | 3,045,111 |
Booz Allen Hamilton Holding Corp. | 68,636 | 5,602,757 |
CACI International, Inc., Class A * | 12,029 | 3,191,294 |
Exponent, Inc. | 26,847 | 2,572,211 |
FTI Consulting, Inc. * | 17,664 | 2,785,789 |
Insperity, Inc. | 18,370 | 1,948,138 |
KBR, Inc. | 72,265 | 3,557,606 |
ManpowerGroup, Inc. | 27,929 | 2,519,196 |
Robert Half International, Inc. | 56,389 | 5,543,603 |
Science Applications International Corp. | 29,327 | 2,440,886 |
TriNet Group, Inc. * | 19,499 | 1,729,561 |
Upwork, Inc. * | 62,069 | 1,301,587 |
37,324,950 | ||
Real Estate Management & Development — 0.7% | ||
Cushman & Wakefield plc * | 77,117 | 1,380,394 |
eXp World Holdings, Inc. (a) | 34,184 | 457,724 |
Howard Hughes Corp. (The) * | 21,308 | 2,136,979 |
Jones Lang LaSalle, Inc. * | 26,004 | 5,687,855 |
Redfin Corp. * (a) | 54,314 | 605,601 |
WeWork, Inc. * (a) | 107,635 | 754,522 |
11,023,075 | ||
Road & Rail — 1.4% | ||
AMERCO | 5,065 | 2,712,206 |
Avis Budget Group, Inc. * | 20,650 | 5,527,385 |
Knight-Swift Transportation Holdings, Inc. | 85,483 | 4,093,781 |
Landstar System, Inc. | 19,409 | 3,006,454 |
Ryder System, Inc. | 27,660 | 1,933,434 |
Saia, Inc. * | 13,579 | 2,796,731 |
TuSimple Holdings, Inc., Class A * | 17,534 | 181,828 |
20,251,819 | ||
Semiconductors & Semiconductor Equipment — 2.6% | ||
Allegro MicroSystems, Inc. (Japan) * | 28,374 | 689,772 |
Ambarella, Inc. * | 19,068 | 1,565,101 |
Amkor Technology, Inc. | 51,639 | 971,330 |
Cirrus Logic, Inc. * | 29,496 | 2,235,797 |
CMC Materials, Inc. | 14,717 | 2,633,018 |
First Solar, Inc. * | 50,930 | 3,719,418 |
INVESTMENTS | SHARES | VALUE($) |
Semiconductors & Semiconductor Equipment — continued | ||
Lattice Semiconductor Corp. * | 70,517 | 3,387,637 |
MKS Instruments, Inc. | 28,563 | 3,255,611 |
Power Integrations, Inc. | 30,454 | 2,436,320 |
Semtech Corp. * | 33,188 | 1,978,005 |
Silicon Laboratories, Inc. * | 19,657 | 2,651,926 |
SiTime Corp. * | 7,719 | 1,301,192 |
SunPower Corp. * (a) | 42,752 | 705,836 |
Synaptics, Inc. * | 20,344 | 3,019,863 |
Universal Display Corp. | 22,332 | 2,852,466 |
Wolfspeed, Inc. * (a) | 63,664 | 5,838,625 |
39,241,917 | ||
Software — 7.4% | ||
ACI Worldwide, Inc. * | 60,536 | 1,672,004 |
Alteryx, Inc., Class A * | 30,748 | 1,974,022 |
Amplitude, Inc., Class A * | 11,652 | 203,444 |
Anaplan, Inc. * | 76,067 | 4,943,594 |
Asana, Inc., Class A * | 42,754 | 1,145,807 |
Aspen Technology, Inc. * | 34,318 | 5,440,776 |
Avalara, Inc. * | 44,765 | 3,405,274 |
AvidXchange Holdings, Inc. * | 13,137 | 107,592 |
Black Knight, Inc. * | 80,003 | 5,263,397 |
Blackbaud, Inc. * | 23,031 | 1,336,028 |
Blackline, Inc. * | 27,503 | 1,844,076 |
C3.ai, Inc., Class A * (a) | 36,593 | 621,715 |
CDK Global, Inc. | 60,151 | 3,272,816 |
Clear Secure, Inc., Class A * (a) | 6,888 | 209,533 |
CommVault Systems, Inc. * | 22,959 | 1,400,499 |
CS Disco, Inc. * | 6,514 | 200,045 |
Datto Holding Corp. * | 13,425 | 465,848 |
Digital Turbine, Inc. * | 45,448 | 1,438,429 |
Dolby Laboratories, Inc., Class A | 33,859 | 2,623,057 |
Dropbox, Inc., Class A * | 145,394 | 3,162,320 |
Duck Creek Technologies, Inc. * | 38,772 | 617,638 |
Elastic NV * | 37,543 | 2,858,524 |
Everbridge, Inc. * | 20,278 | 873,982 |
Fair Isaac Corp. * | 13,551 | 5,061,434 |
Five9, Inc. * | 35,034 | 3,857,243 |
Guidewire Software, Inc. * | 42,920 | 3,731,465 |
Informatica, Inc., Class A * (a) | 15,667 | 304,880 |
Jamf Holding Corp. * (a) | 28,219 | 869,145 |
JFrog Ltd. (Israel) * | 22,563 | 470,890 |
Mandiant Corp. * | 123,598 | 2,716,684 |
Manhattan Associates, Inc. * | 32,523 | 4,245,878 |
Marathon Digital Holdings, Inc. * (a) | 52,876 | 824,866 |
140 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Software — continued | ||
Matterport, Inc. * (a) | 94,924 | 544,864 |
MicroStrategy, Inc., Class A * (a) | 4,794 | 1,697,891 |
Mimecast Ltd. * | 32,082 | 2,556,294 |
nCino, Inc. * | 29,384 | 1,101,606 |
NCR Corp. * | 67,983 | 2,381,444 |
New Relic, Inc. * | 30,683 | 1,941,313 |
Nutanix, Inc., Class A * | 110,577 | 2,767,742 |
Paycor HCM, Inc. * (a) | 16,215 | 399,375 |
Pegasystems, Inc. | 21,025 | 1,610,305 |
Qualtrics International, Inc., Class A * | 49,319 | 914,374 |
Rapid7, Inc. * | 29,438 | 2,811,918 |
Smartsheet, Inc., Class A * | 65,296 | 3,155,756 |
Sprout Social, Inc., Class A * | 23,458 | 1,437,506 |
SPS Commerce, Inc. * | 18,523 | 2,215,906 |
Tenable Holdings, Inc. * | 47,695 | 2,634,195 |
Teradata Corp. * | 55,869 | 2,310,183 |
Varonis Systems, Inc. * | 55,382 | 2,392,502 |
Verint Systems, Inc. * | 33,845 | 1,846,583 |
Workiva, Inc. * | 23,250 | 2,243,858 |
Zendesk, Inc. * | 62,622 | 7,642,389 |
111,768,909 | ||
Specialty Retail — 2.8% | ||
American Eagle Outfitters, Inc. (a) | 79,018 | 1,193,962 |
AutoNation, Inc. * | 20,601 | 2,387,862 |
Dick's Sporting Goods, Inc. (a) | 32,402 | 3,124,201 |
Five Below, Inc. * | 28,842 | 4,531,078 |
Floor & Decor Holdings, Inc., Class A * | 54,369 | 4,334,297 |
Foot Locker, Inc. | 44,965 | 1,317,924 |
GameStop Corp., Class A * (a) | 31,843 | 3,982,604 |
Gap, Inc. (The) | 109,620 | 1,361,480 |
Leslie's, Inc. * | 70,499 | 1,381,780 |
Lithia Motors, Inc. | 15,589 | 4,413,714 |
National Vision Holdings, Inc. * | 42,588 | 1,603,438 |
Penske Automotive Group, Inc. | 15,714 | 1,647,142 |
Petco Health & Wellness Co., Inc. * (a) | 42,004 | 808,997 |
RH * | 8,970 | 3,014,996 |
Urban Outfitters, Inc. * | 33,785 | 804,083 |
Victoria's Secret & Co. * | 37,400 | 1,762,288 |
Vroom, Inc. * | 65,578 | 102,302 |
Warby Parker, Inc., Class A * (a) | 5,336 | 124,275 |
Williams-Sonoma, Inc. | 37,585 | 4,904,091 |
42,800,514 |
INVESTMENTS | SHARES | VALUE($) |
Technology Hardware, Storage & Peripherals — 0.4% | ||
Pure Storage, Inc., Class A * | 140,379 | 4,113,105 |
Xerox Holdings Corp. | 63,216 | 1,099,958 |
5,213,063 | ||
Textiles, Apparel & Luxury Goods — 1.6% | ||
Capri Holdings Ltd. * | 76,044 | 3,627,299 |
Carter's, Inc. | 21,762 | 1,833,231 |
Columbia Sportswear Co. | 17,800 | 1,462,448 |
Crocs, Inc. * | 30,300 | 2,012,829 |
Deckers Outdoor Corp. * | 14,024 | 3,726,878 |
Hanesbrands, Inc. | 179,854 | 2,384,864 |
PVH Corp. | 36,052 | 2,623,864 |
Ralph Lauren Corp. | 23,843 | 2,487,779 |
Skechers U.S.A., Inc., Class A * | 69,480 | 2,661,084 |
Wolverine World Wide, Inc. | 42,425 | 840,863 |
23,661,139 | ||
Thrifts & Mortgage Finance — 0.6% | ||
Essent Group Ltd. | 56,887 | 2,305,630 |
MGIC Investment Corp. | 164,994 | 2,154,822 |
New York Community Bancorp, Inc. | 239,525 | 2,213,211 |
Radian Group, Inc. | 92,375 | 1,975,901 |
TFS Financial Corp. | 24,595 | 368,679 |
9,018,243 | ||
Trading Companies & Distributors — 1.3% | ||
Air Lease Corp. | 55,202 | 2,223,536 |
Beacon Roofing Supply, Inc. * | 28,658 | 1,708,876 |
Core & Main, Inc., Class A * | 29,335 | 697,000 |
GATX Corp. | 18,294 | 1,891,417 |
Herc Holdings, Inc. | 12,861 | 1,643,893 |
MSC Industrial Direct Co., Inc., Class A | 24,262 | 2,010,349 |
SiteOne Landscape Supply, Inc. * | 23,028 | 3,247,639 |
Univar Solutions, Inc. * | 88,048 | 2,563,958 |
WESCO International, Inc. * | 22,861 | 2,817,847 |
18,804,515 | ||
Water Utilities — 0.4% | ||
Essential Utilities, Inc. | 118,475 | 5,302,941 |
Total Common Stocks (Cost $1,584,975,117) | 1,499,507,503 | |
Short Term Investments — 2.8% | ||
Investment Companies — 0.3% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) (Cost $4,118,599) | 4,118,599 | 4,118,599 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 141 |
INVESTMENTS | SHARES | VALUE($) |
Short Term Investments — continued | ||
Investment of Cash Collateral from Securities Loaned — 2.5% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (b) (c) | 33,492,149 | 33,468,705 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 5,221,826 | 5,221,826 |
Total Investment of Cash Collateral from Securities Loaned (Cost $38,690,417) | 38,690,531 | |
Total Short Term Investments (Cost $42,809,016) | 42,809,130 | |
Total Investments — 102.5% (Cost $1,627,784,133) | 1,542,316,633 | |
Liabilities in Excess of Other Assets — (2.5)% | (37,664,559) | |
NET ASSETS — 100.0% | 1,504,652,074 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $36,202,057. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
S&P Midcap 400 E-Mini Index | 17 | 06/17/2022 | USD | 4,240,480 | (111,095) |
Abbreviations | |
USD | United States Dollar |
142 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 98.2% | ||
Aerospace & Defense — 1.0% | ||
AAR Corp. * | 11,877 | 557,981 |
Aerojet Rocketdyne Holdings, Inc. * | 26,663 | 1,065,987 |
AeroVironment, Inc. * | 8,233 | 661,275 |
Astra Space, Inc. * (a) | 44,556 | 142,579 |
Kaman Corp. | 9,878 | 385,341 |
Kratos Defense & Security Solutions, Inc. * | 44,114 | 669,209 |
Maxar Technologies, Inc. | 25,815 | 831,501 |
Parsons Corp. * | 9,447 | 348,878 |
Virgin Galactic Holdings, Inc. * (a) | 63,329 | 474,334 |
5,137,085 | ||
Air Freight & Logistics — 0.6% | ||
Air Transport Services Group, Inc. * | 20,596 | 644,655 |
Atlas Air Worldwide Holdings, Inc. * | 9,562 | 659,204 |
Forward Air Corp. | 9,552 | 926,257 |
Hub Group, Inc., Class A * | 12,037 | 808,405 |
3,038,521 | ||
Airlines — 0.4% | ||
Hawaiian Holdings, Inc. * | 18,192 | 308,537 |
SkyWest, Inc. * | 17,882 | 521,260 |
Spirit Airlines, Inc. * | 38,651 | 912,550 |
Sun Country Airlines Holdings, Inc. * | 11,013 | 302,968 |
Wheels Up Experience, Inc. * | 62,945 | 191,982 |
2,237,297 | ||
Auto Components — 0.8% | ||
American Axle & Manufacturing Holdings, Inc. * | 40,565 | 268,540 |
Dorman Products, Inc. * | 10,126 | 999,639 |
Gentherm, Inc. * | 11,846 | 798,657 |
Holley, Inc. * (a) | 13,150 | 138,601 |
LCI Industries | 9,002 | 876,075 |
Patrick Industries, Inc. | 7,987 | 497,191 |
Standard Motor Products, Inc. | 6,822 | 291,163 |
XPEL, Inc. * (b) | 5,872 | 254,081 |
4,123,947 | ||
Automobiles — 0.4% | ||
Canoo, Inc. * (a) | 50,977 | 244,690 |
Electric Last Mile Solutions, Inc. * (a) | 18,515 | 17,034 |
Faraday Future Intelligent Electric, Inc. * | 61,133 | 157,723 |
Fisker, Inc. * | 50,287 | 505,887 |
Lordstown Motors Corp. * (a) | 43,077 | 93,908 |
INVESTMENTS | SHARES | VALUE($) |
Automobiles — continued | ||
Winnebago Industries, Inc. | 11,879 | 631,725 |
Workhorse Group, Inc. * (a) | 51,558 | 155,189 |
1,806,156 | ||
Banks — 8.6% | ||
1st Source Corp. | 6,089 | 263,471 |
Ameris Bancorp | 23,530 | 981,201 |
Atlantic Union Bankshares Corp. | 26,887 | 908,243 |
BancFirst Corp. | 6,758 | 552,467 |
Bancorp, Inc. (The) * | 20,378 | 462,377 |
Banner Corp. | 12,209 | 655,623 |
Berkshire Hills Bancorp, Inc. | 17,324 | 428,596 |
Brookline Bancorp, Inc. | 27,587 | 398,908 |
Cathay General Bancorp | 26,911 | 1,078,862 |
Central Pacific Financial Corp. | 9,840 | 237,931 |
City Holding Co. | 5,388 | 416,923 |
Columbia Banking System, Inc. | 27,620 | 775,570 |
Community Bank System, Inc. | 19,169 | 1,234,484 |
Community Trust Bancorp, Inc. | 5,402 | 215,054 |
Customers Bancorp, Inc. * | 10,789 | 453,893 |
CVB Financial Corp. | 48,180 | 1,109,104 |
Dime Community Bancshares, Inc. | 11,621 | 365,364 |
Eagle Bancorp, Inc. | 11,334 | 570,667 |
Eastern Bankshares, Inc. | 60,451 | 1,158,241 |
Enterprise Financial Services Corp. | 13,440 | 593,645 |
FB Financial Corp. | 12,682 | 488,637 |
First Bancorp | 12,296 | 460,608 |
First BanCorp (Puerto Rico) | 71,765 | 976,722 |
First Busey Corp. | 17,976 | 403,921 |
First Commonwealth Financial Corp. | 33,549 | 452,241 |
First Financial Bancorp | 33,450 | 684,052 |
First Interstate BancSystem, Inc., Class A | 29,009 | 943,373 |
First Merchants Corp. | 20,139 | 789,247 |
Flushing Financial Corp. | 10,900 | 234,350 |
Fulton Financial Corp. | 57,337 | 869,802 |
Heartland Financial USA, Inc. | 14,250 | 623,722 |
Hilltop Holdings, Inc. | 21,647 | 551,782 |
Hope Bancorp, Inc. | 42,692 | 610,496 |
Independent Bank Corp. | 16,788 | 1,295,362 |
Independent Bank Group, Inc. | 13,069 | 886,078 |
International Bancshares Corp. | 18,910 | 752,429 |
Lakeland Financial Corp. | 9,010 | 656,108 |
Live Oak Bancshares, Inc. | 11,503 | 486,922 |
Meta Financial Group, Inc. | 10,592 | 462,341 |
National Bank Holdings Corp., Class A | 10,623 | 387,846 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 143 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Banks — continued | ||
NBT Bancorp, Inc. | 15,450 | 543,840 |
Northwest Bancshares, Inc. | 45,004 | 570,651 |
OFG Bancorp (Puerto Rico) | 17,673 | 469,748 |
Old National Bancorp | 105,004 | 1,591,861 |
Origin Bancorp, Inc. | 7,737 | 291,530 |
Pacific Premier Bancorp, Inc. | 33,593 | 1,053,476 |
Park National Corp. | 5,121 | 603,510 |
Renasant Corp. | 19,848 | 591,272 |
S&T Bancorp, Inc. | 14,022 | 396,262 |
Sandy Spring Bancorp, Inc. | 16,023 | 629,223 |
Seacoast Banking Corp. of Florida | 20,773 | 675,122 |
ServisFirst Bancshares, Inc. | 17,363 | 1,394,596 |
Silvergate Capital Corp., Class A * | 10,824 | 1,265,975 |
Simmons First National Corp., Class A | 44,924 | 1,072,336 |
Stock Yards Bancorp, Inc. | 8,700 | 454,836 |
Tompkins Financial Corp. | 4,249 | 310,177 |
Towne Bank | 23,520 | 648,446 |
Triumph Bancorp, Inc. * | 8,394 | 582,879 |
Trustmark Corp. | 21,960 | 612,245 |
United Community Banks, Inc. | 37,277 | 1,123,529 |
Veritex Holdings, Inc. | 17,522 | 575,598 |
Washington Trust Bancorp, Inc. | 6,162 | 289,244 |
WesBanco, Inc. | 22,145 | 713,955 |
Westamerica BanCorp | 9,526 | 561,272 |
42,898,246 | ||
Beverages — 0.3% | ||
Coca-Cola Consolidated, Inc. | 1,684 | 743,486 |
Duckhorn Portfolio, Inc. (The) * | 11,009 | 213,795 |
MGP Ingredients, Inc. | 4,430 | 404,592 |
1,361,873 | ||
Biotechnology — 5.3% | ||
Adagio Therapeutics, Inc. * | 6,759 | 19,331 |
Akero Therapeutics, Inc. * | 8,219 | 86,217 |
Alector, Inc. * | 20,777 | 199,459 |
Alkermes plc * | 57,526 | 1,659,625 |
Allogene Therapeutics, Inc. * | 26,374 | 220,223 |
Allovir, Inc. * | 10,468 | 47,629 |
ALX Oncology Holdings, Inc. * | 7,514 | 96,029 |
Amicus Therapeutics, Inc. * | 89,168 | 631,309 |
AnaptysBio, Inc. * | 6,882 | 161,039 |
Apellis Pharmaceuticals, Inc. * | 31,608 | 1,375,896 |
Applied Molecular Transport, Inc. * (a) | 5,759 | 24,706 |
Arcus Biosciences, Inc. * | 16,252 | 393,461 |
INVESTMENTS | SHARES | VALUE($) |
Biotechnology — continued | ||
Arcutis Biotherapeutics, Inc. * | 9,826 | 198,387 |
Atara Biotherapeutics, Inc. * | 31,459 | 200,079 |
Avid Bioservices, Inc. * | 21,865 | 294,303 |
Avidity Biosciences, Inc. * | 15,317 | 219,033 |
BioAtla, Inc. * | 6,258 | 21,778 |
BioCryst Pharmaceuticals, Inc. * | 64,017 | 594,718 |
Bioxcel Therapeutics, Inc. * (a) | 6,791 | 89,030 |
Bluebird Bio, Inc. * | 24,945 | 90,550 |
C4 Therapeutics, Inc. * | 13,121 | 112,447 |
CareDx, Inc. * | 18,790 | 571,968 |
Caribou Biosciences, Inc. * | 7,271 | 53,805 |
Celldex Therapeutics, Inc. * | 16,609 | 507,405 |
Century Therapeutics, Inc. * | 3,856 | 46,349 |
Coherus Biosciences, Inc. * | 22,698 | 205,190 |
Cullinan Oncology, Inc. * | 8,576 | 84,131 |
Cytokinetics, Inc. * | 29,805 | 1,188,325 |
Day One Biopharmaceuticals, Inc. * | 3,719 | 31,686 |
Deciphera Pharmaceuticals, Inc. * | 14,798 | 149,756 |
DermTech, Inc. * (a) | 9,082 | 77,651 |
Design Therapeutics, Inc. * | 4,353 | 51,975 |
Dynavax Technologies Corp. * | 39,709 | 350,630 |
Dyne Therapeutics, Inc. * | 8,775 | 70,024 |
Eagle Pharmaceuticals, Inc. * | 4,030 | 177,844 |
Editas Medicine, Inc. * | 24,313 | 321,904 |
Emergent BioSolutions, Inc. * | 17,027 | 551,334 |
Enanta Pharmaceuticals, Inc. * | 6,497 | 418,407 |
Erasca, Inc. * | 6,896 | 50,203 |
FibroGen, Inc. * | 30,689 | 285,408 |
Generation Bio Co. * | 15,582 | 98,634 |
Gossamer Bio, Inc. * | 18,488 | 127,752 |
Heron Therapeutics, Inc. * (a) | 36,246 | 163,832 |
Icosavax, Inc. * | 4,423 | 32,067 |
IGM Biosciences, Inc. * | 5,900 | 98,766 |
Inhibrx, Inc. * | 7,280 | 115,388 |
Insmed, Inc. * | 42,081 | 924,520 |
Instil Bio, Inc. * | 5,926 | 41,897 |
Ironwood Pharmaceuticals, Inc. * | 58,225 | 698,700 |
iTeos Therapeutics, Inc. * | 7,170 | 191,367 |
IVERIC bio, Inc. * | 38,339 | 530,995 |
Janux Therapeutics, Inc. * | 4,303 | 42,342 |
Karuna Therapeutics, Inc. * | 7,756 | 864,484 |
Keros Therapeutics, Inc. * | 4,670 | 247,557 |
Kinnate Biopharma, Inc. * | 5,759 | 43,020 |
Kronos Bio, Inc. * | 14,599 | 69,053 |
144 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Biotechnology — continued | ||
Kura Oncology, Inc. * | 23,643 | 339,277 |
Kymera Therapeutics, Inc. * | 12,624 | 395,762 |
MacroGenics, Inc. * | 19,597 | 140,119 |
Madrigal Pharmaceuticals, Inc. * | 4,371 | 305,970 |
MiMedx Group, Inc. * | 29,086 | 114,890 |
Monte Rosa Therapeutics, Inc. * (a) | 4,310 | 46,979 |
Morphic Holding, Inc. * | 9,351 | 283,429 |
Myovant Sciences Ltd. * | 15,671 | 145,897 |
Myriad Genetics, Inc. * | 28,369 | 581,564 |
Nurix Therapeutics, Inc. * | 14,355 | 158,910 |
Nuvalent, Inc., Class A * (a) | 3,333 | 34,297 |
Ocugen, Inc. * (a) | 70,871 | 155,207 |
Olema Pharmaceuticals, Inc. * | 10,582 | 26,984 |
Omega Therapeutics, Inc. * | 2,680 | 9,139 |
OPKO Health, Inc. * | 145,433 | 392,669 |
Organogenesis Holdings, Inc. * | 22,426 | 144,423 |
PMV Pharmaceuticals, Inc. * | 9,704 | 140,611 |
Praxis Precision Medicines, Inc. * | 12,744 | 103,226 |
Precigen, Inc. * | 33,793 | 44,945 |
Protagonist Therapeutics, Inc. * | 15,952 | 145,004 |
Prothena Corp. plc (Ireland) * | 12,742 | 371,557 |
PTC Therapeutics, Inc. * | 25,111 | 887,172 |
Radius Health, Inc. * | 16,800 | 114,912 |
REGENXBIO, Inc. * | 13,389 | 371,679 |
REVOLUTION Medicines, Inc. * | 22,030 | 439,939 |
Rocket Pharmaceuticals, Inc. * | 16,021 | 164,696 |
Rubius Therapeutics, Inc. * | 14,733 | 24,457 |
Sangamo Therapeutics, Inc. * | 43,022 | 178,541 |
Shattuck Labs, Inc. * | 10,082 | 38,715 |
Sorrento Therapeutics, Inc. * (a) | 108,962 | 164,533 |
SpringWorks Therapeutics, Inc. * | 9,311 | 399,535 |
Stoke Therapeutics, Inc. * | 7,714 | 111,390 |
Tango Therapeutics, Inc. * | 22,747 | 167,418 |
Tenaya Therapeutics, Inc. * | 4,584 | 42,264 |
TG Therapeutics, Inc. * | 47,314 | 328,359 |
Travere Therapeutics, Inc. * | 18,253 | 458,698 |
Turning Point Therapeutics, Inc. * | 17,629 | 518,998 |
Veracyte, Inc. * | 25,284 | 517,563 |
Vericel Corp. * | 16,652 | 474,582 |
Verve Therapeutics, Inc. * | 5,125 | 76,465 |
Xencor, Inc. * | 20,766 | 518,735 |
Y-mAbs Therapeutics, Inc. * | 12,273 | 103,093 |
Zentalis Pharmaceuticals, Inc. * | 13,176 | 349,427 |
26,751,648 |
INVESTMENTS | SHARES | VALUE($) |
Building Products — 1.6% | ||
AAON, Inc. | 14,755 | 719,159 |
American Woodmark Corp. * | 5,872 | 275,103 |
Apogee Enterprises, Inc. | 8,811 | 387,684 |
Cornerstone Building Brands, Inc. * | 19,280 | 470,239 |
Gibraltar Industries, Inc. * | 11,616 | 439,549 |
Griffon Corp. | 16,787 | 314,085 |
Janus International Group, Inc. * | 19,831 | 187,601 |
Masonite International Corp. * | 8,430 | 653,494 |
Quanex Building Products Corp. | 11,891 | 228,545 |
Resideo Technologies, Inc. * | 51,367 | 1,155,244 |
Simpson Manufacturing Co., Inc. | 15,475 | 1,604,293 |
Tecnoglass, Inc. | 7,491 | 167,274 |
View, Inc. * (a) | 21,641 | 33,327 |
Zurn Water Solutions Corp. | 44,771 | 1,397,751 |
8,033,348 | ||
Capital Markets — 1.6% | ||
AssetMark Financial Holdings, Inc. * | 6,818 | 131,110 |
B Riley Financial, Inc. | 5,738 | 259,128 |
Bakkt Holdings, Inc. * (a) | 12,222 | 46,688 |
BGC Partners, Inc., Class A | 114,820 | 416,797 |
Blucora, Inc. * | 17,339 | 351,115 |
Brightsphere Investment Group, Inc. | 12,426 | 249,017 |
Cohen & Steers, Inc. | 8,952 | 695,481 |
Focus Financial Partners, Inc., Class A * | 19,692 | 776,849 |
Freedom Holding Corp. (Kazakhstan) * (a) | 5,901 | 276,934 |
Hamilton Lane, Inc., Class A | 12,409 | 851,009 |
Moelis & Co., Class A | 21,692 | 960,088 |
Piper Sandler Cos. | 5,026 | 577,890 |
PJT Partners, Inc., Class A | 8,644 | 570,418 |
StepStone Group, Inc., Class A | 17,315 | 443,610 |
Virtu Financial, Inc., Class A | 29,289 | 845,866 |
Virtus Investment Partners, Inc. | 2,536 | 449,278 |
WisdomTree Investments, Inc. | 38,715 | 225,708 |
8,126,986 | ||
Chemicals — 2.1% | ||
Aspen Aerogels, Inc. * | 8,796 | 189,994 |
Chemours Co. (The) | 56,900 | 1,881,683 |
Danimer Scientific, Inc. * (a) | 30,353 | 118,984 |
Ecovyst, Inc. | 18,973 | 190,868 |
GCP Applied Technologies, Inc. * | 19,195 | 602,147 |
HB Fuller Co. | 18,798 | 1,253,827 |
Innospec, Inc. | 8,750 | 833,962 |
Koppers Holdings, Inc. | 7,583 | 183,963 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 145 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Chemicals — continued | ||
Kronos Worldwide, Inc. | 7,842 | 119,355 |
Livent Corp. * | 57,489 | 1,227,965 |
Minerals Technologies, Inc. | 11,864 | 754,669 |
PureCycle Technologies, Inc. * (a) | 27,987 | 218,299 |
Quaker Chemical Corp. | 4,759 | 774,337 |
Stepan Co. | 7,580 | 773,994 |
Trinseo plc | 13,802 | 654,905 |
Tronox Holdings plc, Class A | 40,509 | 696,755 |
10,475,707 | ||
Commercial Services & Supplies — 2.2% | ||
ABM Industries, Inc. | 23,934 | 1,155,294 |
ACCO Brands Corp. | 34,046 | 249,557 |
Brady Corp., Class A | 17,143 | 767,149 |
BrightView Holdings, Inc. * | 16,966 | 214,790 |
Casella Waste Systems, Inc., Class A * | 17,890 | 1,471,274 |
CoreCivic, Inc., REIT * | 42,770 | 531,631 |
Deluxe Corp. | 15,165 | 410,668 |
GEO Group, Inc. (The), REIT * (a) | 34,283 | 223,868 |
Harsco Corp. * | 28,186 | 288,061 |
Healthcare Services Group, Inc. | 26,495 | 452,799 |
HNI Corp. | 15,509 | 552,741 |
Interface, Inc. | 21,003 | 266,528 |
KAR Auction Services, Inc. * | 43,090 | 631,699 |
Matthews International Corp., Class A | 11,222 | 334,528 |
MillerKnoll, Inc. | 26,909 | 853,823 |
Montrose Environmental Group, Inc. * | 9,435 | 428,066 |
Pitney Bowes, Inc. | 58,897 | 310,387 |
SP Plus Corp. * | 8,274 | 235,809 |
Steelcase, Inc., Class A | 30,915 | 362,633 |
UniFirst Corp. | 5,414 | 932,832 |
US Ecology, Inc. * | 11,143 | 534,753 |
11,208,890 | ||
Communications Equipment — 0.7% | ||
ADTRAN, Inc. | 17,446 | 303,386 |
Calix, Inc. * | 19,512 | 778,724 |
Cambium Networks Corp. * | 3,981 | 60,790 |
Infinera Corp. * | 74,967 | 576,496 |
NETGEAR, Inc. * | 10,428 | 226,288 |
NetScout Systems, Inc. * | 26,220 | 807,576 |
Plantronics, Inc. * | 15,214 | 606,430 |
3,359,690 | ||
Construction & Engineering — 1.6% | ||
Ameresco, Inc., Class A * | 10,956 | 552,621 |
INVESTMENTS | SHARES | VALUE($) |
Construction & Engineering — continued | ||
API Group Corp. * | 72,689 | 1,349,108 |
Arcosa, Inc. | 17,154 | 918,254 |
Comfort Systems USA, Inc. | 12,788 | 1,079,563 |
Dycom Industries, Inc. * | 10,761 | 913,716 |
Fluor Corp. * | 50,303 | 1,244,999 |
Granite Construction, Inc. | 16,298 | 483,236 |
MYR Group, Inc. * | 6,033 | 477,150 |
NV5 Global, Inc. * | 4,245 | 508,551 |
Primoris Services Corp. | 19,153 | 443,966 |
Tutor Perini Corp. * | 14,885 | 137,984 |
8,109,148 | ||
Construction Materials — 0.2% | ||
Summit Materials, Inc., Class A * | 42,135 | 1,171,353 |
Consumer Finance — 0.8% | ||
Atlanticus Holdings Corp. * | 1,907 | 82,077 |
Encore Capital Group, Inc. * | 8,793 | 508,323 |
Enova International, Inc. * | 12,103 | 452,652 |
LendingTree, Inc. * | 4,059 | 322,366 |
Moneylion, Inc. * | 32,976 | 68,590 |
Navient Corp. | 54,753 | 870,025 |
Nelnet, Inc., Class A | 7,329 | 601,491 |
PRA Group, Inc. * | 15,524 | 652,474 |
World Acceptance Corp. * (a) | 1,463 | 276,083 |
3,834,081 | ||
Containers & Packaging — 0.5% | ||
Greif, Inc., Class A | 9,437 | 572,637 |
Myers Industries, Inc. | 12,920 | 283,336 |
O-I Glass, Inc. * | 55,361 | 746,266 |
Pactiv Evergreen, Inc. | 15,147 | 149,349 |
Ranpak Holdings Corp. * | 14,212 | 214,317 |
TriMas Corp. | 15,236 | 450,072 |
2,415,977 | ||
Diversified Consumer Services — 0.6% | ||
2U, Inc. * | 26,912 | 268,582 |
Adtalem Global Education, Inc. * | 17,721 | 519,403 |
Duolingo, Inc. * (a) | 3,050 | 263,733 |
European Wax Center, Inc., Class A | 4,990 | 136,975 |
Laureate Education, Inc., Class A | 52,188 | 591,290 |
OneSpaWorld Holdings Ltd. (Bahamas) * | 20,591 | 206,734 |
Rover Group, Inc. * | 27,510 | 174,138 |
Stride, Inc. * | 15,216 | 597,989 |
146 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Diversified Consumer Services — continued | ||
Vivint Smart Home, Inc. * | 14,109 | 73,931 |
WW International, Inc. * | 18,907 | 185,100 |
3,017,875 | ||
Diversified Financial Services — 0.5% | ||
Cannae Holdings, Inc. * | 29,719 | 665,706 |
Compass Diversified Holdings | 19,933 | 435,735 |
Jackson Financial, Inc., Class A | 33,079 | 1,399,572 |
2,501,013 | ||
Diversified Telecommunication Services — 0.5% | ||
Bandwidth, Inc., Class A * | 8,259 | 182,689 |
Cogent Communications Holdings, Inc. | 15,116 | 884,286 |
EchoStar Corp., Class A * | 13,771 | 321,553 |
Globalstar, Inc. * | 235,982 | 273,739 |
Liberty Latin America Ltd., Class A (Chile) * | 14,524 | 134,202 |
Liberty Latin America Ltd., Class C (Chile) * | 55,325 | 511,203 |
2,307,672 | ||
Electric Utilities — 0.4% | ||
MGE Energy, Inc. | 12,822 | 998,449 |
Otter Tail Corp. | 14,789 | 857,171 |
1,855,620 | ||
Electrical Equipment — 1.1% | ||
Atkore, Inc. * | 16,177 | 1,554,610 |
AZZ, Inc. | 8,763 | 399,943 |
Blink Charging Co. * | 12,935 | 247,059 |
Encore Wire Corp. | 7,212 | 813,586 |
ESS Tech, Inc. * | 21,153 | 117,822 |
Fluence Energy, Inc. * (a) | 12,094 | 110,902 |
FREYR Battery SA (Norway) * (a) | 28,582 | 256,666 |
FTC Solar, Inc. * | 7,925 | 22,190 |
FuelCell Energy, Inc. * (a) | 130,402 | 532,040 |
Shoals Technologies Group, Inc., Class A * | 37,028 | 369,539 |
Stem, Inc. * | 47,389 | 339,779 |
TPI Composites, Inc. * | 13,288 | 152,015 |
Vicor Corp. * | 7,623 | 461,344 |
5,377,495 | ||
Electronic Equipment, Instruments & Components — 3.0% | ||
908 Devices, Inc. * | 5,928 | 105,222 |
Advanced Energy Industries, Inc. | 13,398 | 1,025,215 |
Aeva Technologies, Inc. * | 32,700 | 107,256 |
Badger Meter, Inc. | 10,424 | 841,113 |
Benchmark Electronics, Inc. | 12,559 | 298,402 |
CTS Corp. | 11,488 | 406,331 |
INVESTMENTS | SHARES | VALUE($) |
Electronic Equipment, Instruments & Components — continued | ||
ePlus, Inc. * | 9,532 | 538,367 |
Fabrinet (Thailand) * | 13,132 | 1,289,431 |
FARO Technologies, Inc. * | 6,484 | 222,336 |
Insight Enterprises, Inc. * | 12,388 | 1,230,995 |
Itron, Inc. * | 16,066 | 767,633 |
Knowles Corp. * | 32,641 | 604,511 |
Lightwave Logic, Inc. * | 35,967 | 408,945 |
Methode Electronics, Inc. | 13,285 | 592,644 |
MicroVision, Inc. * (a) | 58,352 | 188,477 |
OSI Systems, Inc. * | 5,836 | 461,628 |
Ouster, Inc. * | 26,208 | 86,748 |
PAR Technology Corp. * | 9,072 | 299,739 |
Plexus Corp. * | 10,024 | 813,347 |
Rogers Corp. * | 6,631 | 1,795,145 |
Sanmina Corp. * | 22,572 | 922,969 |
ScanSource, Inc. * | 9,095 | 311,413 |
SmartRent, Inc. * | 31,748 | 154,295 |
TTM Technologies, Inc. * | 37,079 | 517,252 |
Velodyne Lidar, Inc. * | 35,202 | 66,180 |
Vishay Intertechnology, Inc. | 47,174 | 878,852 |
14,934,446 | ||
Energy Equipment & Services — 2.2% | ||
Archrock, Inc. | 47,695 | 415,423 |
Cactus, Inc., Class A | 20,974 | 1,047,232 |
Core Laboratories NV | 16,425 | 427,050 |
Dril-Quip, Inc. * | 12,604 | 364,004 |
Helmerich & Payne, Inc. | 37,553 | 1,728,565 |
Liberty Energy, Inc., Class A * | 37,392 | 603,507 |
NexTier Oilfield Solutions, Inc. * | 56,810 | 626,614 |
Noble Corp. * | 21,393 | 683,078 |
Oceaneering International, Inc. * | 35,493 | 402,136 |
Patterson-UTI Energy, Inc. | 76,486 | 1,257,430 |
ProPetro Holding Corp. * | 30,128 | 426,010 |
RPC, Inc. * | 24,998 | 258,479 |
Transocean Ltd. * | 214,540 | 806,670 |
Valaris Ltd. * | 23,200 | 1,177,400 |
Weatherford International plc * | 23,201 | 748,928 |
10,972,526 | ||
Entertainment — 0.6% | ||
Cinemark Holdings, Inc. * | 37,899 | 601,078 |
IMAX Corp. * | 17,671 | 279,555 |
Liberty Media Corp-Liberty Braves, Class C * | 13,294 | 333,813 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 147 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Entertainment — continued | ||
Madison Square Garden Entertainment Corp. * | 9,045 | 662,546 |
World Wrestling Entertainment, Inc., Class A | 15,567 | 908,957 |
2,785,949 | ||
Equity Real Estate Investment Trusts (REITs) — 5.8% | ||
Acadia Realty Trust | 31,469 | 658,331 |
Agree Realty Corp. | 25,352 | 1,721,908 |
Alexander & Baldwin, Inc. | 25,778 | 546,494 |
Alexander's, Inc. | 755 | 187,368 |
American Assets Trust, Inc. | 18,749 | 686,213 |
Brandywine Realty Trust | 60,857 | 710,201 |
CareTrust REIT, Inc. | 34,488 | 559,050 |
Centerspace | 5,356 | 494,145 |
Corporate Office Properties Trust | 39,925 | 1,065,598 |
DiamondRock Hospitality Co. * | 74,920 | 795,650 |
Diversified Healthcare Trust | 85,022 | 191,300 |
Empire State Realty Trust, Inc., Class A | 50,307 | 434,652 |
Essential Properties Realty Trust, Inc. | 43,208 | 1,036,992 |
Four Corners Property Trust, Inc. | 27,514 | 755,534 |
Getty Realty Corp. | 14,050 | 378,086 |
Global Net Lease, Inc. | 36,867 | 517,244 |
Independence Realty Trust, Inc. | 78,507 | 2,140,101 |
Industrial Logistics Properties Trust | 23,244 | 375,623 |
iStar, Inc. | 24,692 | 415,813 |
Kite Realty Group Trust | 77,886 | 1,736,858 |
LTC Properties, Inc. | 14,029 | 462,957 |
LXP Industrial Trust | 100,605 | 1,262,593 |
Macerich Co. (The) (a) | 75,751 | 950,675 |
Necessity Retail REIT, Inc. (The) | 43,903 | 327,955 |
NexPoint Residential Trust, Inc. | 8,059 | 718,540 |
Office Properties Income Trust | 17,257 | 373,096 |
Paramount Group, Inc. | 58,384 | 555,232 |
Physicians Realty Trust | 78,321 | 1,342,422 |
PotlatchDeltic Corp. | 24,576 | 1,361,265 |
Retail Opportunity Investments Corp. | 43,166 | 804,183 |
RPT Realty | 29,995 | 398,634 |
Safehold, Inc. (a) | 5,038 | 216,886 |
Seritage Growth Properties, Class A * (a) | 12,913 | 127,839 |
Service Properties Trust | 58,706 | 476,693 |
Summit Hotel Properties, Inc. * | 37,895 | 374,024 |
Tanger Factory Outlet Centers, Inc. | 36,974 | 596,391 |
Universal Health Realty Income Trust | 4,590 | 230,372 |
Urban Edge Properties | 39,151 | 731,732 |
Urstadt Biddle Properties, Inc., Class A | 10,756 | 186,617 |
Veris Residential, Inc. * | 28,495 | 456,205 |
INVESTMENTS | SHARES | VALUE($) |
Equity Real Estate Investment Trusts (REITs) — continued | ||
Washington | 30,092 | 724,916 |
Xenia Hotels & Resorts, Inc. * | 40,607 | 783,309 |
28,869,697 | ||
Food & Staples Retailing — 0.8% | ||
Andersons, Inc. (The) | 10,831 | 544,041 |
Chefs' Warehouse, Inc. (The) * | 11,588 | 424,121 |
Grocery Outlet Holding Corp. * | 31,090 | 1,046,800 |
Rite Aid Corp. * (a) | 19,856 | 126,483 |
SpartanNash Co. | 12,761 | 437,447 |
United Natural Foods, Inc. * | 20,655 | 886,719 |
Weis Markets, Inc. | 5,827 | 465,461 |
3,931,072 | ||
Food Products — 1.5% | ||
B&G Foods, Inc. (a) | 23,101 | 622,110 |
Benson Hill, Inc. * | 48,137 | 174,256 |
Calavo Growers, Inc. | 6,260 | 226,862 |
Fresh Del Monte Produce, Inc. | 11,861 | 308,979 |
Hostess Brands, Inc. * | 49,222 | 1,116,847 |
J & J Snack Foods Corp. | 5,329 | 797,751 |
Mission Produce, Inc. * | 13,057 | 166,085 |
Sanderson Farms, Inc. | 7,557 | 1,431,069 |
Simply Good Foods Co. (The) * | 30,081 | 1,252,874 |
Sovos Brands, Inc. * | 8,629 | 130,298 |
Tattooed Chef, Inc. * | 16,015 | 127,960 |
Tootsie Roll Industries, Inc. | 6,301 | 220,724 |
TreeHouse Foods, Inc. * | 19,856 | 625,464 |
Utz Brands, Inc. | 22,369 | 315,850 |
Vital Farms, Inc. * | 8,431 | 96,957 |
7,614,086 | ||
Gas Utilities — 0.4% | ||
Chesapeake Utilities Corp. | 6,239 | 780,936 |
Northwest Natural Holding Co. | 10,916 | 522,112 |
South Jersey Industries, Inc. | 27,941 | 955,303 |
2,258,351 | ||
Health Care Equipment & Supplies — 3.2% | ||
AtriCure, Inc. * | 16,328 | 847,913 |
Atrion Corp. | 466 | 292,005 |
Avanos Medical, Inc. * | 17,113 | 499,015 |
Axonics, Inc. * | 16,430 | 851,403 |
BioLife Solutions, Inc. * | 10,631 | 134,695 |
Butterfly Network, Inc. * | 47,401 | 157,845 |
Cardiovascular Systems, Inc. * | 14,443 | 270,084 |
148 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Health Care Equipment & Supplies — continued | ||
CONMED Corp. | 10,423 | 1,385,842 |
CryoPort, Inc. * | 17,521 | 395,274 |
Establishment Labs Holdings, Inc. (Costa Rica) * | 7,734 | 547,258 |
Glaukos Corp. * | 16,673 | 788,466 |
Heska Corp. * | 3,770 | 414,097 |
Inogen, Inc. * | 7,267 | 183,710 |
Integer Holdings Corp. * | 11,711 | 880,316 |
iRhythm Technologies, Inc. * | 10,473 | 1,292,054 |
Lantheus Holdings, Inc. * | 24,038 | 1,596,364 |
Meridian Bioscience, Inc. * | 15,504 | 396,747 |
Merit Medical Systems, Inc. * | 18,079 | 1,121,079 |
Mesa Laboratories, Inc. | 1,854 | 396,070 |
Natus Medical, Inc. * | 12,181 | 405,262 |
Neogen Corp. * | 38,337 | 1,012,097 |
Outset Medical, Inc. * | 14,554 | 507,644 |
PROCEPT BioRobotics Corp. * | 2,488 | 88,473 |
Pulmonx Corp. * | 12,419 | 299,298 |
Senseonics Holdings, Inc. * (a) | 145,931 | 204,303 |
Sight Sciences, Inc. * | 3,685 | 25,721 |
Silk Road Medical, Inc. * | 12,390 | 434,269 |
Treace Medical Concepts, Inc. * (a) | 4,123 | 80,811 |
Varex Imaging Corp. * | 14,092 | 279,726 |
Vicarious Surgical, Inc. * | 12,659 | 62,282 |
15,850,123 | ||
Health Care Providers & Services — 2.6% | ||
23andMe Holding Co. * (a) | 75,073 | 224,468 |
Accolade, Inc. * | 20,702 | 115,103 |
AdaptHealth Corp. * | 34,343 | 434,782 |
Addus HomeCare Corp. * | 5,692 | 479,722 |
Agiliti, Inc. * | 9,762 | 192,702 |
AMN Healthcare Services, Inc. * | 16,781 | 1,640,343 |
Aveanna Healthcare Holdings, Inc. * | 13,756 | 40,167 |
Brookdale Senior Living, Inc. * | 65,922 | 407,398 |
Cano Health, Inc. * | 64,151 | 340,000 |
Castle Biosciences, Inc. * | 8,381 | 187,231 |
Clover Health Investments Corp. * | 96,371 | 259,238 |
Community Health Systems, Inc. * | 44,169 | 338,776 |
CorVel Corp. * | 3,323 | 515,331 |
Covetrus, Inc. * | 36,716 | 506,681 |
Ensign Group, Inc. (The) | 18,582 | 1,492,692 |
Fulgent Genetics, Inc. * | 6,893 | 378,288 |
Hanger, Inc. * | 13,070 | 214,871 |
Hims & Hers Health, Inc. * | 44,084 | 185,594 |
INVESTMENTS | SHARES | VALUE($) |
Health Care Providers & Services — continued | ||
MEDNAX, Inc. * | 30,338 | 561,860 |
ModivCare, Inc. * | 4,374 | 454,765 |
National HealthCare Corp. | 4,802 | 326,824 |
Owens & Minor, Inc. | 26,828 | 952,126 |
RadNet, Inc. * | 16,597 | 323,641 |
Select Medical Holdings Corp. | 37,685 | 852,058 |
Sema4 Holdings Corp. * | 44,872 | 96,475 |
Surgery Partners, Inc. * | 12,606 | 644,923 |
Tivity Health, Inc. * | 15,711 | 504,794 |
US Physical Therapy, Inc. | 4,615 | 478,899 |
13,149,752 | ||
Health Care Technology — 0.7% | ||
Allscripts Healthcare Solutions, Inc. * | 43,565 | 900,053 |
American Well Corp., Class A * | 69,571 | 217,757 |
Evolent Health, Inc., Class A * | 28,945 | 796,566 |
Health Catalyst, Inc. * | 18,504 | 307,907 |
HealthStream, Inc. * | 8,996 | 171,824 |
NextGen Healthcare, Inc. * | 19,964 | 376,321 |
OptimizeRx Corp. * | 6,286 | 176,700 |
Phreesia, Inc. * | 18,199 | 416,393 |
Sharecare, Inc. * | 102,491 | 280,825 |
Tabula Rasa HealthCare, Inc. * | 8,397 | 28,298 |
3,672,644 | ||
Hotels, Restaurants & Leisure — 1.8% | ||
Bally's Corp. * | 10,454 | 311,947 |
BJ's Restaurants, Inc. * | 8,297 | 230,574 |
Bloomin' Brands, Inc. | 28,903 | 635,577 |
Brinker International, Inc. * | 15,877 | 576,811 |
Cheesecake Factory, Inc. (The) * | 17,282 | 637,879 |
Dave & Buster's Entertainment, Inc. * | 13,774 | 626,717 |
Denny's Corp. * | 22,525 | 288,771 |
Dine Brands Global, Inc. | 6,130 | 439,460 |
Dutch Bros, Inc., Class A * | 8,424 | 402,414 |
Everi Holdings, Inc. * | 32,331 | 561,266 |
F45 Training Holdings, Inc. * | 7,373 | 64,809 |
First Watch Restaurant Group, Inc. * | 3,339 | 43,407 |
Golden Entertainment, Inc. * | 7,236 | 347,039 |
Jack in the Box, Inc. | 7,526 | 622,852 |
Krispy Kreme, Inc. | 10,740 | 142,627 |
Papa John's International, Inc. | 11,527 | 1,049,533 |
Portillo's, Inc., Class A * (a) | 7,633 | 158,995 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 149 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Hotels, Restaurants & Leisure — continued | ||
Red Rock Resorts, Inc., Class A | 18,797 | 826,316 |
Shake Shack, Inc., Class A * | 13,887 | 803,085 |
8,770,079 | ||
Household Durables — 2.4% | ||
Cavco Industries, Inc. * | 3,003 | 709,459 |
Century Communities, Inc. | 10,554 | 556,407 |
GoPro, Inc., Class A * | 46,267 | 412,701 |
Installed Building Products, Inc. | 8,343 | 671,361 |
iRobot Corp. * | 9,552 | 483,809 |
KB Home | 30,469 | 988,110 |
La-Z-Boy, Inc. | 15,606 | 410,126 |
LGI Homes, Inc. * | 7,599 | 712,102 |
M/I Homes, Inc. * | 10,382 | 459,715 |
MDC Holdings, Inc. | 20,067 | 740,673 |
Meritage Homes Corp. * | 13,297 | 1,097,667 |
Purple Innovation, Inc. * | 20,585 | 84,810 |
Skyline Champion Corp. * | 18,804 | 959,756 |
Snap One Holdings Corp. * | 4,827 | 57,683 |
Sonos, Inc. * | 45,360 | 1,035,115 |
Taylor Morrison Home Corp. * | 43,731 | 1,145,315 |
Traeger, Inc. * | 8,355 | 50,046 |
Tri Pointe Homes, Inc. * | 39,516 | 816,796 |
Tupperware Brands Corp. * | 17,384 | 305,611 |
Vizio Holding Corp., Class A * | 13,012 | 94,207 |
Vuzix Corp. * (a) | 21,038 | 108,766 |
11,900,235 | ||
Household Products — 0.3% | ||
Central Garden & Pet Co. * | 3,500 | 153,265 |
Central Garden & Pet Co., Class A * | 14,105 | 583,665 |
WD-40 Co. | 4,834 | 889,359 |
1,626,289 | ||
Independent Power and Renewable Electricity Producers — 0.2% | ||
Clearway Energy, Inc. | 12,307 | 349,765 |
Clearway Energy, Inc., Class C | 29,061 | 887,232 |
1,236,997 | ||
Insurance — 1.9% | ||
Ambac Financial Group, Inc. * | 16,432 | 127,019 |
American Equity Investment Life Holding Co. | 29,315 | 1,105,762 |
AMERISAFE, Inc. | 6,886 | 319,166 |
Argo Group International Holdings Ltd. | 12,384 | 530,035 |
BRP Group, Inc., Class A * | 19,067 | 440,829 |
Employers Holdings, Inc. | 9,910 | 389,859 |
INVESTMENTS | SHARES | VALUE($) |
Insurance — continued | ||
Genworth Financial, Inc., Class A * | 180,512 | 669,699 |
Goosehead Insurance, Inc., Class A (a) | 7,008 | 402,890 |
Hippo Holdings, Inc. * | 132,098 | 248,344 |
Horace Mann Educators Corp. | 14,748 | 587,708 |
James River Group Holdings Ltd. | 13,291 | 315,130 |
Kinsale Capital Group, Inc. | 7,624 | 1,690,165 |
ProAssurance Corp. | 19,198 | 471,695 |
Safety Insurance Group, Inc. | 5,064 | 435,707 |
Selectquote, Inc. * | 44,289 | 91,235 |
SiriusPoint Ltd. (Bermuda) * | 30,550 | 191,854 |
Stewart Information Services Corp. | 9,533 | 491,903 |
Trupanion, Inc. * | 12,226 | 777,818 |
9,286,818 | ||
Interactive Media & Services — 0.2% | ||
Angi, Inc. * (a) | 26,553 | 117,099 |
Cars.com, Inc. * | 23,118 | 257,072 |
Eventbrite, Inc., Class A * | 27,135 | 287,088 |
fuboTV, Inc. * (a) | 54,713 | 207,362 |
MediaAlpha, Inc., Class A * | 7,575 | 111,656 |
ZipRecruiter, Inc., Class A * | 4,311 | 97,041 |
1,077,318 | ||
Internet & Direct Marketing Retail — 0.5% | ||
BARK, Inc. * | 29,008 | 89,635 |
Overstock.com, Inc. * | 15,280 | 512,797 |
Porch Group, Inc. * | 27,195 | 100,621 |
RealReal, Inc. (The) * | 28,927 | 156,784 |
Rent the Runway, Inc., Class A * (a) | 6,190 | 39,245 |
Revolve Group, Inc. * | 14,059 | 594,133 |
Shutterstock, Inc. | 8,287 | 627,492 |
Stitch Fix, Inc., Class A * | 29,644 | 281,618 |
Xometry, Inc., Class A * | 2,526 | 82,903 |
2,485,228 | ||
IT Services — 2.5% | ||
Conduent, Inc. * | 57,531 | 323,900 |
CSG Systems International, Inc. | 11,564 | 710,839 |
Cyxtera Technologies, Inc. * | 12,696 | 152,733 |
EVERTEC, Inc. (Puerto Rico) | 21,271 | 838,077 |
ExlService Holdings, Inc. * | 11,867 | 1,615,692 |
Grid Dynamics Holdings, Inc. * | 16,256 | 226,283 |
Marqeta, Inc., Class A * | 82,663 | 768,766 |
Paya Holdings, Inc. * | 30,052 | 152,965 |
Payoneer Global, Inc. * | 68,742 | 287,342 |
Perficient, Inc. * | 11,688 | 1,161,904 |
150 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
IT Services — continued | ||
Repay Holdings Corp. * | 26,434 | 353,687 |
Sabre Corp. * | 115,059 | 1,204,668 |
Shift4 Payments, Inc., Class A * | 18,355 | 962,903 |
Switch, Inc., Class A | 47,026 | 1,404,196 |
TaskUS, Inc., Class A (Philippines) * | 9,712 | 280,580 |
Toast, Inc., Class A * | 26,191 | 487,938 |
TTEC Holdings, Inc. | 6,518 | 481,094 |
Unisys Corp. * | 23,887 | 339,434 |
Verra Mobility Corp. * | 45,539 | 638,912 |
12,391,913 | ||
Leisure Products — 0.5% | ||
Acushnet Holdings Corp. | 12,309 | 501,469 |
Latham Group, Inc. * | 11,529 | 138,348 |
Malibu Boats, Inc., Class A * | 7,393 | 371,794 |
Smith & Wesson Brands, Inc. | 17,144 | 235,387 |
Solo Brands, Inc., Class A * (a) | 4,729 | 28,232 |
Sturm Ruger & Co., Inc. | 6,237 | 425,051 |
Vista Outdoor, Inc. * | 19,990 | 704,248 |
2,404,529 | ||
Life Sciences Tools & Services — 0.3% | ||
Absci Corp. * | 4,631 | 27,369 |
Berkeley Lights, Inc. * | 14,872 | 73,988 |
Bionano Genomics, Inc. * (a) | 102,850 | 167,645 |
Codexis, Inc. * | 20,998 | 252,606 |
Cytek Biosciences, Inc. * | 5,198 | 49,121 |
NanoString Technologies, Inc. * | 16,249 | 305,156 |
Personalis, Inc. * | 12,728 | 71,277 |
Quanterix Corp. * | 11,983 | 265,903 |
Seer, Inc. * | 12,595 | 91,692 |
1,304,757 | ||
Machinery — 4.1% | ||
Alamo Group, Inc. | 3,541 | 447,724 |
Albany International Corp., Class A | 11,531 | 901,955 |
Altra Industrial Motion Corp. | 23,108 | 901,212 |
Astec Industries, Inc. | 8,069 | 315,498 |
Barnes Group, Inc. | 16,585 | 556,924 |
Berkshire Grey, Inc. * | 14,367 | 34,912 |
Desktop Metal, Inc., Class A * | 66,348 | 232,881 |
Enerpac Tool Group Corp. | 21,435 | 430,415 |
EnPro Industries, Inc. | 7,310 | 681,365 |
ESCO Technologies, Inc. | 9,204 | 574,790 |
Federal Signal Corp. | 21,722 | 739,200 |
Franklin Electric Co., Inc. | 13,848 | 968,529 |
INVESTMENTS | SHARES | VALUE($) |
Machinery — continued | ||
Gorman-Rupp Co. (The) | 8,060 | 256,792 |
Greenbrier Cos., Inc. (The) | 11,578 | 494,496 |
Helios Technologies, Inc. | 11,537 | 775,056 |
Hillenbrand, Inc. | 25,858 | 1,055,524 |
Hillman Solutions Corp. * | 36,561 | 425,204 |
Hydrofarm Holdings Group, Inc. * | 12,794 | 122,183 |
Hyzon Motors, Inc. * (a) | 31,741 | 126,012 |
Ideanomics, Inc. * (a) | 157,533 | 113,298 |
John Bean Technologies Corp. | 11,283 | 1,330,153 |
Kadant, Inc. | 4,097 | 757,945 |
Lindsay Corp. | 3,919 | 529,653 |
Markforged Holding Corp. * | 23,818 | 81,219 |
Meritor, Inc. * | 25,133 | 902,526 |
Microvast Holdings, Inc. * | 84,425 | 418,748 |
Mueller Industries, Inc. | 20,377 | 1,103,414 |
Mueller Water Products, Inc., Class A | 55,777 | 670,997 |
Proterra, Inc. * | 65,212 | 404,966 |
Proto Labs, Inc. * | 9,805 | 417,791 |
SPX Corp. * | 16,182 | 678,026 |
Standex International Corp. | 4,350 | 409,074 |
Tennant Co. | 6,577 | 424,743 |
Terex Corp. | 24,859 | 845,206 |
Velo3D, Inc. * | 21,470 | 75,145 |
Wabash National Corp. | 17,405 | 249,066 |
Welbilt, Inc. * | 46,041 | 1,087,488 |
20,540,130 | ||
Marine — 0.3% | ||
Matson, Inc. | 14,928 | 1,284,107 |
Media — 1.3% | ||
AMC Networks, Inc., Class A * | 10,418 | 339,939 |
Cardlytics, Inc. * | 11,857 | 404,679 |
Clear Channel Outdoor Holdings, Inc. * | 167,388 | 411,775 |
EW Scripps Co. (The), Class A * | 20,324 | 334,533 |
Gray Television, Inc. | 31,525 | 583,843 |
iHeartMedia, Inc., Class A * | 38,867 | 621,483 |
Scholastic Corp. | 10,800 | 397,980 |
Sinclair Broadcast Group, Inc., Class A | 17,322 | 385,241 |
TechTarget, Inc. * | 9,471 | 637,493 |
TEGNA, Inc. | 78,676 | 1,734,806 |
Thryv Holdings, Inc. * | 6,065 | 156,659 |
WideOpenWest, Inc. * | 18,572 | 372,369 |
6,380,800 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 151 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Metals & Mining — 2.0% | ||
Allegheny Technologies, Inc. * | 45,259 | 1,230,140 |
Alpha Metallurgical Resources, Inc. * | 6,152 | 951,961 |
Arconic Corp. * | 37,905 | 953,690 |
Carpenter Technology Corp. | 17,136 | 654,252 |
Century Aluminum Co. * | 17,984 | 303,390 |
Coeur Mining, Inc. * | 91,361 | 331,640 |
Commercial Metals Co. | 43,182 | 1,770,462 |
Hecla Mining Co. | 191,430 | 997,350 |
Kaiser Aluminum Corp. | 5,674 | 547,541 |
Materion Corp. | 7,264 | 618,530 |
Piedmont Lithium, Inc. * | 5,675 | 371,202 |
Schnitzer Steel Industries, Inc., Class A | 9,197 | 419,659 |
Warrior Met Coal, Inc. | 18,247 | 621,675 |
9,771,492 | ||
Mortgage Real Estate Investment Trusts (REITs) — 1.4% | ||
Apollo Commercial Real Estate Finance, Inc. | 47,005 | 565,940 |
Arbor Realty Trust, Inc. | 53,543 | 915,585 |
ARMOUR Residential REIT, Inc. (a) | 31,892 | 234,087 |
BrightSpire Capital, Inc. | 33,248 | 282,608 |
Broadmark Realty Capital, Inc. | 47,169 | 368,390 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 30,108 | 1,204,019 |
Invesco Mortgage Capital, Inc. | 110,861 | 192,898 |
KKR Real Estate Finance Trust, Inc. | 15,934 | 302,746 |
Ladder Capital Corp. | 39,738 | 452,616 |
MFA Financial, Inc. | 35,265 | 502,519 |
New York Mortgage Trust, Inc. | 134,934 | 434,488 |
PennyMac Mortgage Investment Trust | 33,736 | 517,510 |
Ready Capital Corp. | 23,908 | 348,340 |
Redwood Trust, Inc. | 40,814 | 395,896 |
TPG RE Finance Trust, Inc. | 21,080 | 222,394 |
6,940,036 | ||
Multiline Retail — 0.2% | ||
Big Lots, Inc. | 10,862 | 335,636 |
Dillard's, Inc., Class A (a) | 1,433 | 435,360 |
Franchise Group, Inc. | 9,563 | 356,604 |
1,127,600 | ||
Multi-Utilities — 0.2% | ||
NorthWestern Corp. | 19,226 | 1,089,922 |
Oil, Gas & Consumable Fuels — 5.3% | ||
Arch Resources, Inc. | 5,444 | 905,773 |
Archaea Energy, Inc. * | 14,453 | 317,966 |
California Resources Corp. | 28,596 | 1,149,845 |
INVESTMENTS | SHARES | VALUE($) |
Oil, Gas & Consumable Fuels — continued | ||
Callon Petroleum Co. * | 16,774 | 860,003 |
Centennial Resource Development, Inc., Class A * | 65,649 | 508,123 |
Civitas Resources, Inc. | 25,650 | 1,503,603 |
Clean Energy Fuels Corp. * | 60,338 | 353,581 |
Comstock Resources, Inc. * | 32,292 | 549,933 |
CVR Energy, Inc. | 10,397 | 260,653 |
Delek US Holdings, Inc. * | 26,378 | 638,348 |
Denbury, Inc. * | 17,809 | 1,139,420 |
Gevo, Inc. * | 71,775 | 266,285 |
Green Plains, Inc. * | 19,089 | 535,828 |
Gulfport Energy Corp. * | 4,076 | 383,062 |
Kosmos Energy Ltd. (Ghana) * | 160,733 | 1,086,555 |
Magnolia Oil & Gas Corp., Class A | 52,403 | 1,217,846 |
Matador Resources Co. | 39,203 | 1,913,890 |
Murphy Oil Corp. | 51,670 | 1,967,594 |
Northern Oil and Gas, Inc. | 23,303 | 582,109 |
Oasis Petroleum, Inc. | 6,585 | 873,566 |
PBF Energy, Inc., Class A * | 33,763 | 981,153 |
Peabody Energy Corp. * | 33,632 | 761,428 |
Renewable Energy Group, Inc. * | 17,851 | 1,089,982 |
SM Energy Co. | 43,180 | 1,534,185 |
Southwestern Energy Co. * | 396,364 | 2,972,730 |
Tellurian, Inc. * | 139,715 | 695,781 |
Whiting Petroleum Corp. | 13,885 | 1,014,299 |
World Fuel Services Corp. | 22,464 | 544,078 |
26,607,619 | ||
Paper & Forest Products — 0.3% | ||
Glatfelter Corp. | 15,856 | 174,416 |
Mercer International, Inc. (Germany) | 14,360 | 229,904 |
Neenah, Inc. | 5,926 | 209,780 |
Schweitzer-Mauduit International, Inc. | 11,196 | 281,691 |
Sylvamo Corp. * | 12,575 | 561,474 |
1,457,265 | ||
Personal Products — 0.7% | ||
Edgewell Personal Care Co. | 19,224 | 733,203 |
elf Beauty, Inc. * | 17,047 | 414,754 |
Inter Parfums, Inc. | 6,286 | 513,755 |
Medifast, Inc. | 4,100 | 731,276 |
Nu Skin Enterprises, Inc., Class A | 17,725 | 755,794 |
USANA Health Sciences, Inc. * | 4,117 | 315,609 |
3,464,391 |
152 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Pharmaceuticals — 1.4% | ||
Aclaris Therapeutics, Inc. * | 16,572 | 204,167 |
Amneal Pharmaceuticals, Inc. * | 35,076 | 135,393 |
Arvinas, Inc. * | 15,452 | 849,396 |
Atea Pharmaceuticals, Inc. * | 18,898 | 110,931 |
Axsome Therapeutics, Inc. * | 10,572 | 335,661 |
Cassava Sciences, Inc. * (a) | 13,383 | 279,303 |
Corcept Therapeutics, Inc. * | 33,936 | 729,963 |
DICE Therapeutics, Inc. * | 4,457 | 90,566 |
Edgewise Therapeutics, Inc. * | 4,022 | 32,096 |
Endo International plc * | 83,146 | 166,292 |
Harmony Biosciences Holdings, Inc. * | 8,080 | 363,923 |
Innoviva, Inc. * | 22,212 | 378,937 |
Intra-Cellular Therapies, Inc. * | 30,201 | 1,528,473 |
Nektar Therapeutics * | 65,620 | 271,011 |
NGM Biopharmaceuticals, Inc. * | 13,294 | 165,909 |
Nuvation Bio, Inc. * | 41,025 | 191,177 |
Phathom Pharmaceuticals, Inc. * | 5,554 | 71,869 |
Revance Therapeutics, Inc. * | 23,502 | 384,963 |
Supernus Pharmaceuticals, Inc. * | 18,897 | 527,226 |
Ventyx Biosciences, Inc. * | 3,370 | 48,966 |
6,866,222 | ||
Professional Services — 1.1% | ||
BlackSky Technology, Inc. * | 19,843 | 31,154 |
CBIZ, Inc. * | 18,515 | 775,593 |
First Advantage Corp. * | 14,715 | 255,452 |
Forrester Research, Inc. * | 3,961 | 220,588 |
HireRight Holdings Corp. * | 7,919 | 136,920 |
Huron Consulting Group, Inc. * | 7,755 | 401,554 |
ICF International, Inc. | 6,066 | 599,381 |
Kelly Services, Inc., Class A | 12,785 | 246,623 |
Kforce, Inc. | 7,179 | 502,889 |
Korn Ferry | 19,319 | 1,186,959 |
ManTech International Corp., Class A | 9,797 | 787,091 |
Sterling Check Corp. * | 5,103 | 132,576 |
TrueBlue, Inc. * | 12,631 | 322,975 |
5,599,755 | ||
Real Estate Management & Development — 0.7% | ||
Doma Holdings, Inc. * | 61,946 | 115,220 |
Kennedy-Wilson Holdings, Inc. | 43,097 | 971,837 |
Marcus & Millichap, Inc. | 8,923 | 399,661 |
Newmark Group, Inc., Class A | 58,516 | 710,969 |
INVESTMENTS | SHARES | VALUE($) |
Real Estate Management & Development — continued | ||
Realogy Holdings Corp. * | 41,503 | 454,873 |
St. Joe Co. (The) | 11,698 | 622,451 |
3,275,011 | ||
Road & Rail — 0.5% | ||
ArcBest Corp. | 8,812 | 635,874 |
Heartland Express, Inc. | 16,581 | 228,818 |
Marten Transport Ltd. | 21,284 | 369,916 |
Schneider National, Inc., Class B | 12,423 | 293,555 |
Werner Enterprises, Inc. | 21,308 | 844,436 |
2,372,599 | ||
Semiconductors & Semiconductor Equipment — 2.1% | ||
ACM Research, Inc., Class A * | 13,098 | 197,911 |
Axcelis Technologies, Inc. * | 11,869 | 646,267 |
Cohu, Inc. * | 17,330 | 460,285 |
Diodes, Inc. * | 15,995 | 1,168,115 |
FormFactor, Inc. * | 27,830 | 1,060,601 |
Ichor Holdings Ltd. * | 10,112 | 294,360 |
Impinj, Inc. * | 6,654 | 327,776 |
indie Semiconductor, Inc., Class A (China) * | 21,132 | 145,811 |
Kulicke & Soffa Industries, Inc. (Singapore) | 22,143 | 1,027,657 |
MACOM Technology Solutions Holdings, Inc. * | 17,356 | 884,288 |
MaxLinear, Inc. * | 25,096 | 1,201,345 |
Meta Materials, Inc. * (a) | 83,006 | 99,607 |
Onto Innovation, Inc. * | 17,496 | 1,244,665 |
Rambus, Inc. * | 38,865 | 968,127 |
Ultra Clean Holdings, Inc. * | 15,962 | 497,536 |
Veeco Instruments, Inc. * | 17,993 | 412,400 |
10,636,751 | ||
Software — 5.1% | ||
8x8, Inc. * | 42,069 | 385,773 |
Alarm.com Holdings, Inc. * | 16,362 | 999,391 |
Altair Engineering, Inc., Class A * | 18,073 | 981,725 |
Appfolio, Inc., Class A * | 6,844 | 710,818 |
Appian Corp. * | 14,116 | 674,745 |
Avaya Holdings Corp. * | 30,174 | 279,110 |
AvePoint, Inc. * | 31,007 | 151,934 |
Bottomline Technologies DE, Inc. * | 13,757 | 778,921 |
Box, Inc., Class A * | 52,771 | 1,615,848 |
BTRS Holdings, Inc., Class 1 * | 27,027 | 181,622 |
Cerence, Inc. * | 13,895 | 409,903 |
Cipher Mining, Inc. * | 15,144 | 45,886 |
Confluent, Inc., Class A * | 21,757 | 679,689 |
Consensus Cloud Solutions, Inc. * | 5,690 | 299,977 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 153 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Software — continued | ||
Couchbase, Inc. * | 3,134 | 53,278 |
Domo, Inc., Class B * | 10,451 | 432,880 |
E2open Parent Holdings, Inc. * | 63,272 | 489,725 |
Ebix, Inc. | 8,444 | 251,631 |
Enfusion, Inc., Class A * (a) | 6,789 | 86,696 |
Envestnet, Inc. * | 19,460 | 1,549,794 |
Freshworks, Inc., Class A * | 12,271 | 222,964 |
Gitlab, Inc., Class A * | 4,023 | 192,822 |
Intapp, Inc. * | 3,943 | 98,338 |
InterDigital, Inc. | 10,901 | 619,722 |
IronNet, Inc. * | 12,307 | 32,983 |
Latch, Inc. * | 32,342 | 106,405 |
LivePerson, Inc. * | 23,974 | 542,292 |
MeridianLink, Inc. * | 4,833 | 78,053 |
Momentive Global, Inc. * | 46,574 | 736,801 |
N-able, Inc. * | 24,204 | 242,040 |
PagerDuty, Inc. * | 27,204 | 777,218 |
Ping Identity Holding Corp. * | 21,395 | 559,051 |
PROS Holdings, Inc. * | 14,224 | 397,276 |
Q2 Holdings, Inc. * | 20,223 | 1,046,136 |
Qualys, Inc. * | 11,891 | 1,620,506 |
Riot Blockchain, Inc. * (a) | 35,623 | 361,217 |
Sailpoint Technologies Holdings, Inc. * | 33,201 | 2,119,220 |
SentinelOne, Inc., Class A * | 47,836 | 1,591,504 |
Sumo Logic, Inc. * | 31,868 | 298,922 |
Telos Corp. * | 18,772 | 146,234 |
Vonage Holdings Corp. * | 76,654 | 1,530,014 |
Xperi Holding Corp. | 37,203 | 580,367 |
Zeta Global Holdings Corp., Class A * | 7,951 | 86,109 |
Zuora, Inc., Class A * | 41,731 | 507,866 |
25,553,406 | ||
Specialty Retail — 2.9% | ||
Aaron's Co., Inc. (The) | 11,203 | 229,998 |
Abercrombie & Fitch Co., Class A * | 20,056 | 693,536 |
Academy Sports & Outdoors, Inc. | 31,167 | 1,164,399 |
Arko Corp. | 23,472 | 217,585 |
Asbury Automotive Group, Inc. * | 8,250 | 1,515,608 |
Bed Bath & Beyond, Inc. * (a) | 34,293 | 466,728 |
Boot Barn Holdings, Inc. * | 10,542 | 949,413 |
Buckle, Inc. (The) | 10,458 | 324,825 |
Camping World Holdings, Inc., Class A (a) | 14,636 | 375,852 |
Children's Place, Inc. (The) * | 4,822 | 223,403 |
Citi Trends, Inc. * | 2,997 | 83,826 |
Designer Brands, Inc., Class A | 21,970 | 303,625 |
INVESTMENTS | SHARES | VALUE($) |
Specialty Retail — continued | ||
Group 1 Automotive, Inc. | 6,126 | 1,066,782 |
GrowGeneration Corp. * | 18,910 | 111,758 |
Guess?, Inc. | 13,843 | 311,052 |
Monro, Inc. | 11,935 | 545,788 |
Murphy USA, Inc. | 8,119 | 1,896,598 |
ODP Corp. (The) * | 16,319 | 702,207 |
Rent-A-Center, Inc. | 21,480 | 518,098 |
Sally Beauty Holdings, Inc. * | 39,141 | 591,812 |
Signet Jewelers Ltd. | 18,740 | 1,315,548 |
Sleep Number Corp. * | 8,036 | 325,940 |
Sonic Automotive, Inc., Class A | 7,351 | 312,785 |
Volta, Inc. * | 43,361 | 90,625 |
Zumiez, Inc. * | 6,933 | 253,956 |
14,591,747 | ||
Technology Hardware, Storage & Peripherals — 0.3% | ||
3D Systems Corp. * | 45,394 | 514,768 |
Corsair Gaming, Inc. * | 11,711 | 177,187 |
IonQ, Inc. * | 40,426 | 318,153 |
Super Micro Computer, Inc. * | 15,805 | 665,390 |
1,675,498 | ||
Textiles, Apparel & Luxury Goods — 0.7% | ||
G-III Apparel Group Ltd. * | 15,552 | 411,817 |
Kontoor Brands, Inc. | 16,941 | 673,066 |
Levi Strauss & Co., Class A | 34,894 | 631,930 |
Oxford Industries, Inc. | 5,678 | 508,749 |
PLBY Group, Inc. * | 7,976 | 70,508 |
Steven Madden Ltd. | 27,200 | 1,116,832 |
3,412,902 | ||
Thrifts & Mortgage Finance — 1.7% | ||
Axos Financial, Inc. * | 19,077 | 722,637 |
Columbia Financial, Inc. * | 13,758 | 260,714 |
Flagstar Bancorp, Inc. | 18,902 | 667,241 |
Kearny Financial Corp. | 25,841 | 306,474 |
Merchants Bancorp | 8,938 | 210,222 |
Mr. Cooper Group, Inc. * | 26,735 | 1,202,273 |
NMI Holdings, Inc., Class A * | 30,480 | 560,222 |
Northfield Bancorp, Inc. | 15,452 | 202,267 |
PennyMac Financial Services, Inc. | 10,910 | 529,790 |
Provident Financial Services, Inc. | 27,156 | 600,962 |
Rocket Cos., Inc., Class A (a) | 48,083 | 425,535 |
Walker & Dunlop, Inc. | 10,487 | 1,255,923 |
154 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Thrifts & Mortgage Finance — continued | ||
Washington Federal, Inc. | 23,193 | 705,763 |
WSFS Financial Corp. | 23,265 | 932,228 |
8,582,251 | ||
Tobacco — 0.2% | ||
Turning Point Brands, Inc. | 5,095 | 159,932 |
Universal Corp. | 8,739 | 505,551 |
Vector Group Ltd. | 46,579 | 592,485 |
1,257,968 | ||
Trading Companies & Distributors — 1.6% | ||
Applied Industrial Technologies, Inc. | 13,695 | 1,433,730 |
Boise Cascade Co. | 14,017 | 1,059,405 |
Custom Truck One Source, Inc. * | 17,624 | 115,790 |
GMS, Inc. * | 15,291 | 733,203 |
H&E Equipment Services, Inc. | 11,294 | 400,711 |
McGrath RentCorp | 8,638 | 720,927 |
NOW, Inc. * | 39,353 | 428,948 |
Rush Enterprises, Inc., Class A | 15,295 | 778,210 |
Triton International Ltd. (Bermuda) | 23,780 | 1,452,720 |
Veritiv Corp. * | 4,960 | 697,078 |
7,820,722 | ||
Water Utilities — 0.6% | ||
American States Water Co. | 13,116 | 1,031,705 |
California Water Service Group | 18,736 | 971,836 |
Middlesex Water Co. | 6,209 | 552,290 |
SJW Group | 9,763 | 576,017 |
3,131,848 | ||
Wireless Telecommunication Services — 0.3% | ||
Gogo, Inc. * (a) | 23,864 | 439,336 |
Shenandoah Telecommunications Co. | 17,765 | 358,853 |
Telephone and Data Systems, Inc. | 35,134 | 643,655 |
United States Cellular Corp. * | 5,325 | 153,254 |
1,595,098 | ||
Total Common Stocks (Cost $564,528,261) | 490,707,577 | |
NO. OF RIGHTS | ||
Rights — 0.0% ^ | ||
Pharmaceuticals — 0.0% ^ | ||
Zogenix, Inc., CVR ‡ *(Cost $—) (c) | 14,091 | 9,582 |
INVESTMENTS | SHARES | VALUE($) |
Short Term Investments — 3.0% | ||
Investment Companies — 1.4% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (d) (e) (Cost $6,867,283) | 6,867,283 | 6,867,283 |
Investment of Cash Collateral from Securities Loaned — 1.6% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (d) (e) | 6,001,099 | 5,996,899 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (d) (e) | 1,999,074 | 1,999,074 |
Total Investment of Cash Collateral from Securities Loaned (Cost $7,996,972) | 7,995,973 | |
Total Short Term Investments (Cost $14,864,255) | 14,863,256 | |
Total Investments — 101.2% (Cost $579,392,516) | 505,580,415 | |
Liabilities in Excess of Other Assets — (1.2)% | (5,815,798) | |
NET ASSETS — 100.0% | 499,764,617 | |
Percentages indicated are based on net assets. |
Abbreviations | |
CVR | Contingent Value Rights |
REIT | Real Estate Investment Trust |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $7,449,030. | |
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(c) | Value is zero. | |
(d) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(e) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 155 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Russell 2000 E-mini Index | 94 | 06/17/2022 | USD | 8,750,930 | (486,136) |
Abbreviations | |
USD | United States Dollar |
156 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 0.3% | ||
Hexcel Corp. | 95 | 5,164 |
L3Harris Technologies, Inc. | 225 | 52,259 |
57,423 | ||
Air Freight & Logistics — 0.3% | ||
CH Robinson Worldwide, Inc. | 148 | 15,710 |
Expeditors International of Washington, Inc. | 190 | 18,824 |
United Parcel Service, Inc., Class B | 197 | 35,456 |
69,990 | ||
Auto Components — 0.2% | ||
Aptiv plc * | 304 | 32,346 |
BorgWarner, Inc. | 223 | 8,213 |
40,559 | ||
Automobiles — 2.2% | ||
Ford Motor Co. | 4,440 | 62,870 |
General Motors Co. * | 1,416 | 53,681 |
Harley-Davidson, Inc. | 155 | 5,650 |
Tesla, Inc. * | 427 | 371,814 |
494,015 | ||
Banks — 2.5% | ||
Bank of America Corp. | 5,858 | 209,014 |
Citigroup, Inc. | 2,291 | 110,449 |
Fifth Third Bancorp | 774 | 29,048 |
KeyCorp | 1,058 | 20,430 |
PNC Financial Services Group, Inc. (The) | 493 | 81,887 |
Regions Financial Corp. | 1,103 | 22,854 |
SVB Financial Group * | 58 | 28,283 |
Wells Fargo & Co. | 1,298 | 56,632 |
558,597 | ||
Beverages — 1.9% | ||
Brown-Forman Corp., Class B | 260 | 17,534 |
Coca-Cola Co. (The) | 2,618 | 169,149 |
Keurig Dr Pepper, Inc. | 783 | 29,284 |
Monster Beverage Corp. * | 428 | 36,671 |
PepsiCo, Inc. | 936 | 160,721 |
413,359 | ||
Biotechnology — 2.4% | ||
AbbVie, Inc. | 1,451 | 213,123 |
Amgen, Inc. | 129 | 30,081 |
Biogen, Inc. * | 128 | 26,552 |
Gilead Sciences, Inc. | 1,415 | 83,966 |
Incyte Corp. * | 208 | 15,592 |
INVESTMENTS | SHARES | VALUE($) |
Biotechnology — continued | ||
Moderna, Inc. * | 80 | 10,753 |
Regeneron Pharmaceuticals, Inc. * | 114 | 75,138 |
Vertex Pharmaceuticals, Inc. * | 294 | 80,327 |
535,532 | ||
Building Products — 0.6% | ||
Carrier Global Corp. | 895 | 34,252 |
Johnson Controls International plc | 819 | 49,033 |
Lennox International, Inc. | 38 | 8,101 |
Masco Corp. | 253 | 13,331 |
Trane Technologies plc | 269 | 37,630 |
142,347 | ||
Capital Markets — 4.4% | ||
Ares Management Corp. | 164 | 10,860 |
Bank of New York Mellon Corp. (The) | 847 | 35,625 |
BlackRock, Inc. | 165 | 103,072 |
Blackstone, Inc. | 33 | 3,352 |
Carlyle Group, Inc. (The) | 188 | 6,823 |
Charles Schwab Corp. (The) | 1,344 | 89,148 |
CME Group, Inc. | 337 | 73,918 |
FactSet Research Systems, Inc. | 44 | 17,754 |
Goldman Sachs Group, Inc. (The) | 379 | 115,781 |
Intercontinental Exchange, Inc. | 314 | 36,364 |
Invesco Ltd. | 380 | 6,984 |
Lazard Ltd., Class A | 62 | 2,032 |
LPL Financial Holdings, Inc. | 91 | 17,096 |
Moody's Corp. | 187 | 59,182 |
Morgan Stanley | 1,250 | 100,737 |
Morningstar, Inc. | 27 | 6,837 |
MSCI, Inc. | 91 | 38,334 |
Nasdaq, Inc. | 128 | 20,143 |
Northern Trust Corp. | 218 | 22,465 |
S&P Global, Inc. | 373 | 140,434 |
State Street Corp. | 421 | 28,194 |
T. Rowe Price Group, Inc. | 262 | 32,236 |
967,371 | ||
Chemicals — 1.7% | ||
Air Products and Chemicals, Inc. | 255 | 59,688 |
Albemarle Corp. | 134 | 25,839 |
Ashland Global Holdings, Inc. | 59 | 6,193 |
Ecolab, Inc. | 288 | 48,770 |
Element Solutions, Inc. | 267 | 5,506 |
FMC Corp. | 145 | 19,218 |
International Flavors & Fragrances, Inc. | 294 | 35,662 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 157 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Chemicals — continued | ||
LyondellBasell Industries NV, Class A | 300 | 31,809 |
NewMarket Corp. | 7 | 2,272 |
Olin Corp. | 164 | 9,414 |
PPG Industries, Inc. | 267 | 34,173 |
Scotts Miracle-Gro Co. (The) | 49 | 5,093 |
Sherwin-Williams Co. (The) | 278 | 76,439 |
Valvoline, Inc. | 204 | 6,167 |
Westlake Corp. | 38 | 4,809 |
371,052 | ||
Commercial Services & Supplies — 0.6% | ||
Clean Harbors, Inc. * | 57 | 5,981 |
MSA Safety, Inc. | 40 | 4,828 |
Republic Services, Inc. | 241 | 32,359 |
Stericycle, Inc. * | 105 | 5,270 |
Waste Management, Inc. | 491 | 80,740 |
129,178 | ||
Communications Equipment — 1.2% | ||
Arista Networks, Inc. * | 276 | 31,897 |
Ciena Corp. * | 162 | 8,938 |
Cisco Systems, Inc. | 3,685 | 180,491 |
CommScope Holding Co., Inc. * | 240 | 1,447 |
Juniper Networks, Inc. | 364 | 11,473 |
Motorola Solutions, Inc. | 191 | 40,815 |
275,061 | ||
Construction & Engineering — 0.0% ^ | ||
AECOM | 135 | 9,526 |
Consumer Finance — 0.9% | ||
American Express Co. | 712 | 124,394 |
Capital One Financial Corp. | 478 | 59,568 |
Synchrony Financial | 600 | 22,086 |
206,048 | ||
Containers & Packaging — 0.3% | ||
AptarGroup, Inc. | 74 | 8,497 |
Avery Dennison Corp. | 95 | 17,157 |
Ball Corp. | 362 | 29,380 |
International Paper Co. | 447 | 20,687 |
75,721 | ||
Diversified Financial Services — 1.0% | ||
Apollo Global Management, Inc. | 277 | 13,783 |
INVESTMENTS | SHARES | VALUE($) |
Diversified Financial Services — continued | ||
Berkshire Hathaway, Inc., Class B * | 613 | 197,895 |
Voya Financial, Inc. | 128 | 8,082 |
219,760 | ||
Diversified Telecommunication Services — 0.9% | ||
AT&T, Inc. | 2,176 | 41,039 |
Verizon Communications, Inc. | 3,547 | 164,226 |
205,265 | ||
Electric Utilities — 1.1% | ||
Alliant Energy Corp. | 289 | 16,996 |
Avangrid, Inc. | 63 | 2,794 |
Edison International | 428 | 29,442 |
Eversource Energy | 396 | 34,610 |
FirstEnergy Corp. | 625 | 27,069 |
PG&E Corp. * | 2,292 | 28,994 |
Southern Co. (The) | 1,227 | 90,049 |
Xcel Energy, Inc. | 283 | 20,733 |
250,687 | ||
Electrical Equipment — 0.8% | ||
Eaton Corp. plc | 453 | 65,694 |
Emerson Electric Co. | 695 | 62,675 |
Regal Rexnord Corp. | 68 | 8,652 |
Rockwell Automation, Inc. | 134 | 33,858 |
170,879 | ||
Electronic Equipment, Instruments & Components — 0.3% | ||
Keysight Technologies, Inc. * | 210 | 29,457 |
Littelfuse, Inc. | 24 | 5,502 |
National Instruments Corp. | 163 | 5,891 |
Trimble, Inc. * | 289 | 19,276 |
60,126 | ||
Energy Equipment & Services — 0.6% | ||
Baker Hughes Co. | 846 | 26,243 |
Halliburton Co. | 1,017 | 36,226 |
Schlumberger NV | 1,625 | 63,391 |
125,860 | ||
Entertainment — 1.0% | ||
Liberty Media Corp-Liberty Formula One, Class C * | 228 | 14,211 |
Netflix, Inc. * | 271 | 51,588 |
Walt Disney Co. (The) * | 1,414 | 157,845 |
223,644 | ||
Equity Real Estate Investment Trusts (REITs) — 3.4% | ||
American Tower Corp. | 93 | 22,415 |
158 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Equity Real Estate Investment Trusts (REITs) — continued | ||
AvalonBay Communities, Inc. | 160 | 36,397 |
Boston Properties, Inc. | 179 | 21,050 |
Brixmor Property Group, Inc. | 332 | 8,426 |
Crown Castle International Corp. | 497 | 92,049 |
Douglas Emmett, Inc. | 181 | 5,332 |
Equity Residential | 413 | 33,660 |
Essex Property Trust, Inc. | 73 | 24,037 |
Federal Realty Investment Trust | 90 | 10,535 |
Healthpeak Properties, Inc. | 618 | 20,277 |
Host Hotels & Resorts, Inc. | 815 | 16,585 |
Hudson Pacific Properties, Inc. | 164 | 3,818 |
Iron Mountain, Inc. | 329 | 17,677 |
JBG SMITH Properties | 141 | 3,717 |
Kilroy Realty Corp. | 133 | 9,310 |
Kimco Realty Corp. | 463 | 11,728 |
Park Hotels & Resorts, Inc. | 65 | 1,281 |
Prologis, Inc. | 852 | 136,567 |
Public Storage | 62 | 23,033 |
Rayonier, Inc. | 164 | 7,085 |
Realty Income Corp. | 652 | 45,223 |
Regency Centers Corp. | 189 | 13,009 |
SBA Communications Corp. | 121 | 42,000 |
Simon Property Group, Inc. | 366 | 43,188 |
SL Green Realty Corp. | 73 | 5,053 |
UDR, Inc. | 346 | 18,411 |
Ventas, Inc. | 420 | 23,331 |
Vornado Realty Trust | 197 | 7,626 |
Welltower, Inc. | 468 | 42,499 |
745,319 | ||
Food & Staples Retailing — 1.4% | ||
Costco Wholesale Corp. | 294 | 156,326 |
Sysco Corp. | 587 | 50,177 |
Walgreens Boots Alliance, Inc. | 821 | 34,810 |
Walmart, Inc. | 497 | 76,036 |
317,349 | ||
Food Products — 0.7% | ||
Hershey Co. (The) | 136 | 30,705 |
McCormick & Co., Inc. (Non-Voting) | 287 | 28,863 |
Mondelez International, Inc., Class A | 1,592 | 102,652 |
162,220 | ||
Gas Utilities — 0.1% | ||
Atmos Energy Corp. | 154 | 17,464 |
INVESTMENTS | SHARES | VALUE($) |
Gas Utilities — continued | ||
National Fuel Gas Co. | 100 | 7,013 |
UGI Corp. | 240 | 8,232 |
32,709 | ||
Health Care Equipment & Supplies — 1.9% | ||
Abbott Laboratories | 1,376 | 156,176 |
Becton Dickinson and Co. | 273 | 67,483 |
Boston Scientific Corp. * | 1,609 | 67,755 |
Edwards Lifesciences Corp. * | 693 | 73,306 |
Embecta Corp. * | 54 | 1,643 |
Intuitive Surgical, Inc. * | 38 | 9,093 |
Medtronic plc | 400 | 41,744 |
ResMed, Inc. | 31 | 6,199 |
Stryker Corp. | 20 | 4,825 |
428,224 | ||
Health Care Providers & Services — 4.0% | ||
AmerisourceBergen Corp. | 171 | 25,871 |
Anthem, Inc. | 268 | 134,517 |
Cardinal Health, Inc. | 286 | 16,602 |
Cigna Corp. | 374 | 92,296 |
CVS Health Corp. | 1,416 | 136,120 |
Humana, Inc. | 140 | 62,238 |
McKesson Corp. | 173 | 53,563 |
Quest Diagnostics, Inc. | 121 | 16,195 |
UnitedHealth Group, Inc. | 686 | 348,865 |
886,267 | ||
Hotels, Restaurants & Leisure — 2.1% | ||
Booking Holdings, Inc. * | 46 | 101,674 |
Chipotle Mexican Grill, Inc. * | 31 | 45,124 |
McDonald's Corp. | 712 | 177,402 |
Starbucks Corp. | 1,276 | 95,241 |
Yum! Brands, Inc. | 331 | 38,730 |
458,171 | ||
Household Durables — 0.3% | ||
DR Horton, Inc. | 302 | 21,016 |
Garmin Ltd. | 171 | 18,766 |
Newell Brands, Inc. | 429 | 9,931 |
Toll Brothers, Inc. | 126 | 5,843 |
55,556 | ||
Household Products — 1.8% | ||
Church & Dwight Co., Inc. | 278 | 27,122 |
Clorox Co. (The) | 142 | 20,373 |
Colgate-Palmolive Co. | 964 | 74,276 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 159 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Household Products — continued | ||
Procter & Gamble Co. (The) | 1,665 | 267,316 |
Spectrum Brands Holdings, Inc. | 46 | 3,913 |
393,000 | ||
Industrial Conglomerates — 0.4% | ||
3M Co. | 21 | 3,028 |
General Electric Co. | 1,234 | 91,995 |
95,023 | ||
Insurance — 2.6% | ||
Aflac, Inc. | 752 | 43,075 |
Allstate Corp. (The) | 322 | 40,746 |
American International Group, Inc. | 966 | 56,521 |
Aon plc, Class A | 254 | 73,149 |
Arch Capital Group Ltd. * | 77 | 3,517 |
Assurant, Inc. | 65 | 11,822 |
Assured Guaranty Ltd. | 73 | 4,026 |
Chubb Ltd. | 496 | 102,399 |
Cincinnati Financial Corp. | 172 | 21,097 |
First American Financial Corp. | 122 | 7,114 |
Hartford Financial Services Group, Inc. (The) | 384 | 26,853 |
Lincoln National Corp. | 206 | 12,391 |
MetLife, Inc. | 815 | 53,529 |
Principal Financial Group, Inc. | 296 | 20,169 |
Prudential Financial, Inc. | 441 | 47,853 |
Travelers Cos., Inc. (The) | 277 | 47,384 |
W R Berkley Corp. | 237 | 15,758 |
587,403 | ||
Interactive Media & Services — 4.8% | ||
Alphabet, Inc., Class A * | 356 | 812,460 |
Meta Platforms, Inc., Class A * | 1,267 | 253,995 |
1,066,455 | ||
Internet & Direct Marketing Retail — 3.2% | ||
Amazon.com, Inc. * | 266 | 661,177 |
eBay, Inc. | 723 | 37,538 |
Etsy, Inc. * | 146 | 13,606 |
712,321 | ||
IT Services — 6.1% | ||
Accenture plc, Class A | 589 | 176,912 |
Amdocs Ltd. | 141 | 11,236 |
Automatic Data Processing, Inc. | 484 | 105,599 |
Block, Inc., Class A * | 553 | 55,046 |
Bread Financial Holdings, Inc. | 55 | 3,014 |
Cognizant Technology Solutions Corp., Class A | 591 | 47,812 |
INVESTMENTS | SHARES | VALUE($) |
IT Services — continued | ||
Fidelity National Information Services, Inc. | 702 | 69,603 |
Fiserv, Inc. * | 186 | 18,213 |
Genpact Ltd. | 207 | 8,336 |
Global Payments, Inc. | 326 | 44,655 |
Globant SA * | 44 | 9,504 |
International Business Machines Corp. | 828 | 109,470 |
Mastercard, Inc., Class A | 712 | 258,727 |
Paychex, Inc. | 371 | 47,017 |
PayPal Holdings, Inc. * | 1,355 | 119,145 |
Visa, Inc., Class A | 1,311 | 279,413 |
1,363,702 | ||
Leisure Products — 0.1% | ||
Brunswick Corp. | 88 | 6,654 |
Hasbro, Inc. | 144 | 12,680 |
19,334 | ||
Life Sciences Tools & Services — 2.4% | ||
Agilent Technologies, Inc. | 343 | 40,909 |
Charles River Laboratories International, Inc. * | 49 | 11,834 |
Danaher Corp. | 428 | 107,484 |
Illumina, Inc. * | 163 | 48,354 |
IQVIA Holdings, Inc. * | 215 | 46,868 |
Mettler-Toledo International, Inc. * | 26 | 33,216 |
PerkinElmer, Inc. | 125 | 18,326 |
Thermo Fisher Scientific, Inc. | 351 | 194,075 |
Waters Corp. * | 70 | 21,211 |
522,277 | ||
Machinery — 2.2% | ||
Caterpillar, Inc. | 619 | 130,324 |
Cummins, Inc. | 162 | 30,649 |
Deere & Co. | 319 | 120,439 |
Dover Corp. | 161 | 21,461 |
Fortive Corp. | 377 | 21,678 |
IDEX Corp. | 77 | 14,616 |
Illinois Tool Works, Inc. | 354 | 69,777 |
ITT, Inc. | 97 | 6,811 |
Middleby Corp. (The) * | 63 | 9,695 |
Nordson Corp. | 67 | 14,451 |
PACCAR, Inc. | 344 | 28,569 |
Xylem, Inc. | 202 | 16,261 |
484,731 | ||
Media — 0.5% | ||
Comcast Corp., Class A | 2,029 | 80,673 |
160 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Media — continued | ||
Interpublic Group of Cos., Inc. (The) | 439 | 14,320 |
Omnicom Group, Inc. | 238 | 18,119 |
113,112 | ||
Multiline Retail — 0.6% | ||
Target Corp. | 554 | 126,672 |
Multi-Utilities — 1.2% | ||
CenterPoint Energy, Inc. | 684 | 20,938 |
CMS Energy Corp. | 332 | 22,805 |
Consolidated Edison, Inc. | 407 | 37,745 |
DTE Energy Co. | 223 | 29,222 |
NiSource, Inc. | 449 | 13,075 |
Public Service Enterprise Group, Inc. | 579 | 40,333 |
Sempra Energy | 372 | 60,026 |
WEC Energy Group, Inc. | 364 | 36,418 |
260,562 | ||
Oil, Gas & Consumable Fuels — 3.5% | ||
Chevron Corp. | 856 | 134,109 |
ConocoPhillips | 1,442 | 137,740 |
Coterra Energy, Inc. | 918 | 26,429 |
Devon Energy Corp. | 786 | 45,722 |
Diamondback Energy, Inc. | 173 | 21,838 |
Exxon Mobil Corp. | 3,216 | 274,164 |
Hess Corp. | 318 | 32,776 |
ONEOK, Inc. | 227 | 14,376 |
Pioneer Natural Resources Co. | 248 | 57,652 |
Targa Resources Corp. | 260 | 19,087 |
Texas Pacific Land Corp. | 7 | 9,566 |
773,459 | ||
Paper & Forest Products — 0.0% ^ | ||
Sylvamo Corp. * | 44 | 1,965 |
Personal Products — 0.3% | ||
Estee Lauder Cos., Inc. (The), Class A | 258 | 68,127 |
Herbalife Nutrition Ltd. * | 117 | 3,110 |
71,237 | ||
Pharmaceuticals — 4.2% | ||
Bristol-Myers Squibb Co. | 2,121 | 159,648 |
Eli Lilly & Co. | 747 | 218,221 |
Johnson & Johnson | 1,882 | 339,626 |
Merck & Co., Inc. | 890 | 78,934 |
Pfizer, Inc. | 2,509 | 123,116 |
Zoetis, Inc. | 55 | 9,749 |
929,294 |
INVESTMENTS | SHARES | VALUE($) |
Professional Services — 0.6% | ||
Booz Allen Hamilton Holding Corp. | 152 | 12,408 |
Equifax, Inc. | 141 | 28,696 |
FTI Consulting, Inc. * | 41 | 6,466 |
ManpowerGroup, Inc. | 65 | 5,863 |
Nielsen Holdings plc | 401 | 10,751 |
Robert Half International, Inc. | 125 | 12,289 |
Science Applications International Corp. | 38 | 3,163 |
TransUnion | 221 | 19,342 |
Verisk Analytics, Inc. | 183 | 37,341 |
136,319 | ||
Real Estate Management & Development — 0.2% | ||
CBRE Group, Inc., Class A * | 374 | 31,057 |
Howard Hughes Corp. (The) * | 44 | 4,413 |
Jones Lang LaSalle, Inc. * | 56 | 12,249 |
47,719 | ||
Road & Rail — 0.5% | ||
Uber Technologies, Inc. * | 1,803 | 56,759 |
Union Pacific Corp. | 194 | 45,452 |
102,211 | ||
Semiconductors & Semiconductor Equipment — 5.2% | ||
Advanced Micro Devices, Inc. * | 1,577 | 134,865 |
Analog Devices, Inc. | 605 | 93,400 |
Applied Materials, Inc. | 984 | 108,584 |
Broadcom, Inc. | 155 | 85,931 |
Cirrus Logic, Inc. * | 68 | 5,154 |
First Solar, Inc. * | 122 | 8,910 |
Intel Corp. | 1,390 | 60,590 |
Lam Research Corp. | 156 | 72,659 |
Micron Technology, Inc. | 65 | 4,432 |
NVIDIA Corp. | 1,584 | 293,785 |
QUALCOMM, Inc. | 1,057 | 147,652 |
Teradyne, Inc. | 183 | 19,299 |
Texas Instruments, Inc. | 648 | 110,322 |
1,145,583 | ||
Software — 9.8% | ||
Adobe, Inc. * | 382 | 151,253 |
Atlassian Corp. plc, Class A * | 149 | 33,500 |
Autodesk, Inc. * | 245 | 46,374 |
Cadence Design Systems, Inc. * | 310 | 46,763 |
Dolby Laboratories, Inc., Class A | 69 | 5,345 |
Guidewire Software, Inc. * | 67 | 5,825 |
Intuit, Inc. | 264 | 110,550 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 161 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Software — continued | ||
Microsoft Corp. | 4,516 | 1,253,280 |
NortonLifeLock, Inc. | 616 | 15,425 |
Oracle Corp. | 1,774 | 130,212 |
PTC, Inc. * | 118 | 13,477 |
Salesforce, Inc. * | 782 | 137,585 |
ServiceNow, Inc. * | 216 | 103,270 |
Synopsys, Inc. * | 159 | 45,600 |
Teradata Corp. * | 133 | 5,499 |
VMware, Inc., Class A | 212 | 22,904 |
Workday, Inc., Class A * | 208 | 42,994 |
Zendesk, Inc. * | 133 | 16,231 |
2,186,087 | ||
Specialty Retail — 2.3% | ||
Advance Auto Parts, Inc. | 72 | 14,373 |
Best Buy Co., Inc. | 277 | 24,911 |
CarMax, Inc. * | 184 | 15,783 |
Dick's Sporting Goods, Inc. | 66 | 6,364 |
Home Depot, Inc. (The) | 802 | 240,921 |
Lithia Motors, Inc. | 30 | 8,494 |
Lowe's Cos., Inc. | 690 | 136,434 |
TJX Cos., Inc. (The) | 494 | 30,272 |
Tractor Supply Co. | 129 | 25,987 |
Williams-Sonoma, Inc. | 83 | 10,830 |
514,369 | ||
Technology Hardware, Storage & Peripherals — 6.7% | ||
Apple, Inc. | 9,133 | 1,439,818 |
Dell Technologies, Inc., Class C | 277 | 13,022 |
HP, Inc. | 1,245 | 45,604 |
1,498,444 | ||
Textiles, Apparel & Luxury Goods — 0.9% | ||
Capri Holdings Ltd. * | 60 | 2,862 |
Hanesbrands, Inc. | 386 | 5,118 |
NIKE, Inc., Class B | 1,263 | 157,496 |
PVH Corp. | 79 | 5,750 |
Ralph Lauren Corp. | 50 | 5,217 |
INVESTMENTS | SHARES | VALUE($) |
Textiles, Apparel & Luxury Goods — continued | ||
Tapestry, Inc. | 303 | 9,975 |
VF Corp. | 365 | 18,980 |
205,398 | ||
Trading Companies & Distributors — 0.3% | ||
Fastenal Co. | 592 | 32,743 |
Univar Solutions, Inc. * | 209 | 6,086 |
WW Grainger, Inc. | 53 | 26,502 |
65,331 | ||
Water Utilities — 0.2% | ||
American Water Works Co., Inc. | 209 | 32,203 |
Essential Utilities, Inc. | 266 | 11,906 |
44,109 | ||
Wireless Telecommunication Services — 0.1% | ||
T-Mobile US, Inc. * | 179 | 22,042 |
Total Common Stocks (Cost $21,629,947) | 22,175,974 | |
Short Term Investments — 0.1% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) (Cost $11,653) | 11,653 | 11,653 |
Total Investments — 99.9% (Cost $21,641,600) | 22,187,627 | |
Other Assets Less Liabilities — 0.1% | 27,298 | |
NET ASSETS — 100.0% | 22,214,925 | |
Percentages indicated are based on net assets. |
^ | Amount rounds to less than 0.1% of net assets. | |
* | Non-income producing security. | |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(b) | The rate shown is the current yield as of April 30, 2022. |
162 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 1 | 06/17/2022 | USD | 20,636 | (328) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 163 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.0% | ||
Canada — 2.1% | ||
West Fraser Timber Co. Ltd. | 4,936 | 433,833 |
China — 3.8% | ||
Contemporary Amperex Technology Co. Ltd., Class A | 9,000 | 545,474 |
Tongwei Co. Ltd., Class A | 18,000 | 109,965 |
Xinyi Solar Holdings Ltd. | 90,000 | 133,778 |
789,217 | ||
Denmark — 2.0% | ||
Orsted A/S (a) | 1,057 | 116,936 |
ROCKWOOL A/S, Class B | 314 | 87,820 |
Vestas Wind Systems A/S | 8,229 | 209,848 |
414,604 | ||
Finland — 3.3% | ||
Neste OYJ | 2,607 | 111,863 |
UPM-Kymmene OYJ | 16,345 | 565,411 |
677,274 | ||
France — 3.9% | ||
Neoen SA * (a) | 6,108 | 244,049 |
Nexans SA | 1,438 | 130,984 |
SPIE SA | 18,707 | 440,289 |
815,322 | ||
Germany — 3.8% | ||
Encavis AG | 7,554 | 164,909 |
Infineon Technologies AG | 21,664 | 614,894 |
779,803 | ||
Ireland — 2.0% | ||
Kingspan Group plc | 4,563 | 424,756 |
Italy — 1.8% | ||
Iveco Group NV * | 5,756 | 33,864 |
Prysmian SpA | 10,794 | 351,074 |
384,938 | ||
Japan — 2.5% | ||
Daikin Industries Ltd. | 2,300 | 351,481 |
Kurita Water Industries Ltd. | 2,300 | 78,467 |
RENOVA, Inc. * | 6,700 | 82,550 |
512,498 | ||
Netherlands — 5.3% | ||
Alfen Beheer BV * (a) | 1,393 | 125,277 |
Arcadis NV | 2,901 | 121,041 |
INVESTMENTS | SHARES | VALUE($) |
Netherlands — continued | ||
Koninklijke DSM NV | 3,619 | 608,389 |
Signify NV (a) | 5,847 | 247,372 |
1,102,079 | ||
Norway — 0.6% | ||
Aker Carbon Capture ASA * | 20,573 | 41,562 |
TOMRA Systems ASA | 1,956 | 76,921 |
118,483 | ||
South Korea — 1.5% | ||
Samsung SDI Co. Ltd. | 675 | 321,539 |
Spain — 4.0% | ||
EDP Renovaveis SA | 10,861 | 257,049 |
Iberdrola SA | 23,824 | 273,757 |
Solaria Energia y Medio Ambiente SA * | 13,265 | 294,359 |
825,165 | ||
Sweden — 5.7% | ||
Boliden AB | 14,632 | 634,461 |
Electrolux AB, Class B | 11,512 | 175,563 |
Nibe Industrier AB, Class B | 38,021 | 372,773 |
1,182,797 | ||
Switzerland — 4.4% | ||
ABB Ltd. (Registered) | 18,415 | 552,486 |
TE Connectivity Ltd. | 2,925 | 364,982 |
917,468 | ||
United Kingdom — 8.1% | ||
CNH Industrial NV | 44,315 | 628,830 |
Linde plc | 2,428 | 757,439 |
SSE plc | 12,456 | 289,301 |
1,675,570 | ||
United States — 44.2% | ||
A O Smith Corp. | 3,260 | 190,482 |
AGCO Corp. | 5,051 | 643,497 |
Aptiv plc * | 1,573 | 167,367 |
Autodesk, Inc. * | 3,141 | 594,528 |
Brookfield Renewable Corp. | 3,868 | 138,861 |
Carrier Global Corp. | 15,536 | 594,563 |
ChargePoint Holdings, Inc. * | 6,430 | 83,204 |
Deere & Co. | 2,248 | 848,733 |
Enphase Energy, Inc. * | 2,711 | 437,555 |
Evoqua Water Technologies Corp. * | 9,933 | 414,107 |
Johnson Controls International plc | 11,018 | 659,648 |
Lennox International, Inc. | 874 | 186,328 |
164 | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United States — continued | ||
NextEra Energy, Inc. | 9,421 | 669,079 |
Plug Power, Inc. * | 1,844 | 38,761 |
Schneider Electric SE | 5,186 | 744,031 |
SolarEdge Technologies, Inc. * | 1,828 | 457,749 |
Sunrun, Inc. * | 4,519 | 90,290 |
Tetra Tech, Inc. | 1,438 | 200,285 |
Trane Technologies plc | 4,678 | 654,405 |
Trex Co., Inc. * | 1,911 | 111,201 |
Weyerhaeuser Co., REIT | 16,621 | 685,118 |
Xylem, Inc. | 7,205 | 580,003 |
9,189,795 | ||
Total Common Stocks (Cost $25,003,052) | 20,565,141 | |
Total Investments — 99.0% (Cost $25,003,052) | 20,565,141 | |
Other Assets Less Liabilities — 1.0% | 214,718 | |
NET ASSETS — 100.0% | 20,779,859 | |
Percentages indicated are based on net assets. |
Abbreviations | |
OYJ | Public Limited Company |
REIT | Real Estate Investment Trust |
* | Non-income producing security. |
(a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Building Products | 17.7% |
Machinery | 15.6 |
Electrical Equipment | 15.2 |
Semiconductors & Semiconductor Equipment | 7.9 |
Chemicals | 6.6 |
Electric Utilities | 6.6 |
Independent Power and Renewable Electricity Producers | 5.8 |
Paper & Forest Products | 4.9 |
Commercial Services & Supplies | 3.8 |
Electronic Equipment, Instruments & Components | 3.4 |
Equity Real Estate Investment Trusts (REITs) | 3.3 |
Metals & Mining | 3.1 |
Software | 2.9 |
Others (each less than 1.0%) | 3.2 |
April 30, 2022 | 165 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.9% | ||
Bahrain — 0.1% | ||
Ahli United Bank BSC | 137,305 | 140,327 |
Brazil — 9.4% | ||
Ambev SA | 233,388 | 689,691 |
Auren Energia SA * | 63,293 | 191,520 |
Banco Bradesco SA (Preference) | 166,277 | 607,738 |
Banco BTG Pactual SA * | 12,678 | 59,442 |
Banco do Brasil SA | 61,790 | 414,937 |
Banco Santander Brasil SA | 63,446 | 408,348 |
Bradespar SA (Preference) | 37,584 | 223,803 |
CCR SA | 128,970 | 326,863 |
Centrais Eletricas Brasileiras SA | 47,653 | 392,100 |
Cia Brasileira de Distribuicao | 26,452 | 109,843 |
Cia de Saneamento Basico do Estado de Sao Paulo * | 33,311 | 301,177 |
Cia de Transmissao de Energia Eletrica Paulista (Preference) | 75,900 | 396,238 |
Cia Energetica de Minas Gerais (Preference) | 174,957 | 532,591 |
Cia Energetica de Minas Gerais (Preference) * | 920 | 3,316 |
Cia Paranaense de Energia (Preference) | 298,755 | 448,983 |
Cielo SA * | 488,300 | 337,784 |
CPFL Energia SA | 39,305 | 287,874 |
Dexco SA | 130,507 | 332,870 |
EDP - Energias do Brasil SA | 74,805 | 321,828 |
Embraer SA * | 136,599 | 389,300 |
Energisa SA | 29,532 | 286,482 |
Engie Brasil Energia SA | 24,238 | 205,613 |
Equatorial Energia SA | 73,786 | 383,410 |
Getnet Adquirencia e Servicos para Meios de Pagamento SA * | 50,567 | 34,162 |
Grendene SA | 104,493 | 197,829 |
Hypera SA * | 2,697 | 20,544 |
Itau Unibanco Holding SA (Preference) * | 132,863 | 643,360 |
Itausa SA (Preference) | 160,774 | 300,154 |
Marfrig Global Foods SA | 61,384 | 233,793 |
Neoenergia SA | 7,506 | 28,512 |
Petroleo Brasileiro SA (Preference) | 251,270 | 1,549,616 |
Porto Seguro SA | 8,457 | 35,084 |
Sao Martinho SA | 47,094 | 444,749 |
SIMPAR SA | 51,960 | 123,070 |
Telefonica Brasil SA | 55,111 | 585,114 |
TIM SA * | 111,355 | 304,968 |
TOTVS SA * | 27,757 | 178,873 |
Transmissora Alianca de Energia Eletrica SA | 47,700 | 427,317 |
Vale SA | 146,625 | 2,492,408 |
INVESTMENTS | SHARES | VALUE($) |
Brazil — continued | ||
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 61,021 | 169,340 |
WEG SA | 11,970 | 73,361 |
15,494,005 | ||
Chile — 1.4% | ||
Banco de Chile | 3,123,279 | 311,866 |
Banco Santander Chile | 6,231,457 | 299,823 |
CAP SA | 10,531 | 130,619 |
Cencosud SA | 244,945 | 392,080 |
Cia Cervecerias Unidas SA | 21,911 | 146,457 |
Cia Sud Americana de Vapores SA | 4,298,551 | 485,928 |
Colbun SA | 2,079,480 | 148,580 |
Embotelladora Andina SA (Preference), Class B | 64,132 | 116,568 |
Enel Americas SA | 2,548,085 | 266,832 |
Enel Chile SA | 1,751,262 | 46,186 |
2,344,939 | ||
China — 23.4% | ||
Agile Group Holdings Ltd. (a) | 70,000 | 33,522 |
An Hui Wenergy Co. Ltd., Class A | 163,400 | 93,558 |
Angang Steel Co. Ltd., Class H | 337,800 | 147,765 |
Anhui Conch Cement Co. Ltd., Class H | 94,000 | 510,799 |
Anhui Expressway Co. Ltd., Class A | 162,900 | 176,306 |
ANTA Sports Products Ltd. | 21,600 | 248,238 |
BAIC Motor Corp. Ltd., Class H (b) | 297,000 | 92,748 |
Bank of China Ltd., Class H | 3,597,000 | 1,411,400 |
Bank of Communications Co. Ltd., Class A | 333,200 | 253,770 |
Bank of Hangzhou Co. Ltd., Class A | 121,300 | 277,010 |
Baoshan Iron & Steel Co. Ltd., Class A | 232,600 | 224,416 |
Beijing Enterprises Holdings Ltd. | 20,000 | 67,613 |
BGI Genomics Co. Ltd., Class A | 10,100 | 95,309 |
Blue Sail Medical Co. Ltd., Class A | 57,900 | 77,274 |
Bosideng International Holdings Ltd. | 414,000 | 206,491 |
BYD Electronic International Co. Ltd. | 69,000 | 137,541 |
CGN Power Co. Ltd., Class H (b) | 1,152,000 | 323,716 |
China CITIC Bank Corp. Ltd., Class H | 981,000 | 498,593 |
China Coal Energy Co. Ltd., Class H | 58,000 | 48,828 |
China Communications Services Corp. Ltd., Class H | 424,000 | 193,107 |
China Construction Bank Corp., Class H | 1,668,000 | 1,188,282 |
China Everbright Bank Co. Ltd., Class H | 298,000 | 107,956 |
China Feihe Ltd. (b) | 215,000 | 204,415 |
China Hongqiao Group Ltd. (a) | 280,500 | 349,006 |
166 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
China — continued | ||
China International Marine Containers Group Co. Ltd., Class A | 119,300 | 222,906 |
China Lesso Group Holdings Ltd. | 139,000 | 173,824 |
China Longyuan Power Group Corp. Ltd., Class H | 153,000 | 295,108 |
China Medical System Holdings Ltd. | 191,000 | 273,464 |
China Merchants Bank Co. Ltd., Class H | 93,500 | 563,548 |
China Merchants Port Holdings Co. Ltd. | 110,000 | 192,038 |
China Minsheng Banking Corp. Ltd., Class H | 177,800 | 67,421 |
China National Building Material Co. Ltd., Class H | 308,250 | 410,223 |
China National Chemical Engineering Co. Ltd., Class A | 95,400 | 129,807 |
China National Nuclear Power Co. Ltd., Class A | 227,400 | 241,667 |
China Petroleum & Chemical Corp., Class H | 882,000 | 431,714 |
China Resources Cement Holdings Ltd. | 202,000 | 167,607 |
China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 86,200 | 387,163 |
China Resources Gas Group Ltd. | 82,000 | 308,106 |
China Resources Land Ltd. | 74,000 | 330,500 |
China Resources Pharmaceutical Group Ltd. (b) | 167,000 | 88,005 |
China Resources Power Holdings Co. Ltd. | 164,000 | 308,374 |
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | 31,100 | 172,628 |
China Shenhua Energy Co. Ltd., Class H | 228,500 | 730,025 |
China Vanke Co. Ltd., Class H | 43,500 | 102,573 |
China Yangtze Power Co. Ltd., Class A | 141,500 | 482,202 |
Chinese Universe Publishing and Media Group Co. Ltd., Class A | 95,400 | 145,567 |
Chongqing Changan Automobile Co. Ltd., Class A | 102,900 | 160,074 |
Chongqing Rural Commercial Bank Co. Ltd., Class H | 76,000 | 29,511 |
CITIC Ltd. | 381,000 | 394,148 |
Citic Pacific Special Steel Group Co. Ltd., Class A | 75,376 | 203,003 |
COSCO SHIPPING Energy Transportation Co. Ltd., Class H | 76,000 | 39,871 |
COSCO SHIPPING Holdings Co. Ltd., Class H * (a) | 300,350 | 467,273 |
COSCO SHIPPING Ports Ltd. | 202,000 | 144,034 |
CSG Holding Co. Ltd., Class A | 112,500 | 94,149 |
CSPC Pharmaceutical Group Ltd. | 118,000 | 120,637 |
Daan Gene Co. Ltd., Class A | 67,260 | 181,707 |
Dali Foods Group Co. Ltd. (b) | 345,500 | 175,826 |
INVESTMENTS | SHARES | VALUE($) |
China — continued | ||
Datang International Power Generation Co. Ltd., Class H | 828,000 | 133,187 |
Dongguan Development Holdings Co. Ltd., Class A | 103,500 | 143,070 |
ENN Energy Holdings Ltd. | 54,900 | 735,390 |
Foshan Haitian Flavouring & Food Co. Ltd., Class A | 22,028 | 268,568 |
Fosun International Ltd. | 88,576 | 93,350 |
Fujian Sunner Development Co. Ltd., Class A * | 45,100 | 110,034 |
G-bits Network Technology Xiamen Co. Ltd., Class A | 3,200 | 161,373 |
GD Power Development Co. Ltd., Class A | 465,100 | 209,748 |
Great Wall Motor Co. Ltd., Class H | 254,000 | 355,708 |
Guangdong Baolihua New Energy Stock Co. Ltd., Class A * | 275,400 | 173,897 |
Guangdong Investment Ltd. | 112,000 | 143,398 |
Guangxi Guiguan Electric Power Co. Ltd., Class A | 219,800 | 187,717 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 40,000 | 103,179 |
Guangzhou R&F Properties Co. Ltd., Class H | 82,000 | 30,441 |
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 11,600 | 133,454 |
Haitian International Holdings Ltd. | 93,000 | 228,913 |
Heilongjiang Agriculture Co. Ltd., Class A | 102,500 | 216,252 |
Hello Group, Inc., ADR | 10,033 | 53,376 |
Henan Shuanghui Investment & Development Co. Ltd., Class A | 9,000 | 40,092 |
Hopson Development Holdings Ltd. | 36,320 | 70,028 |
Huabao Flavours & Fragrances Co. Ltd., Class A | 34,600 | 113,402 |
Huadian Power International Corp. Ltd., Class H (a) | 530,000 | 183,933 |
Huadong Medicine Co. Ltd., Class A | 38,500 | 195,930 |
Huaibei Mining Holdings Co. Ltd., Class A | 79,500 | 168,410 |
Huapont Life Sciences Co. Ltd., Class A * | 216,300 | 161,493 |
Huaxin Cement Co. Ltd., Class H * | 124,500 | 231,643 |
Huayu Automotive Systems Co. Ltd., Class A | 53,700 | 157,031 |
Hubei Energy Group Co. Ltd., Class A | 241,100 | 148,174 |
Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 44,000 | 150,088 |
Hunan Valin Steel Co. Ltd., Class A | 171,000 | 148,628 |
Industrial & Commercial Bank of China Ltd., Class H | 1,998,000 | 1,204,408 |
Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 127,116 | 275,918 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 167 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
China — continued | ||
Inner Mongolia Yitai Coal Co. Ltd., Class B | 83,100 | 111,431 |
Intco Medical Technology Co. Ltd., Class A * | 25,600 | 110,332 |
Jiangling Motors Corp. Ltd., Class A | 64,000 | 111,184 |
Jiangsu Expressway Co. Ltd., Class A | 35,500 | 43,476 |
Jiangsu Hengli Hydraulic Co. Ltd., Class A | 26,056 | 178,816 |
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 42,600 | 152,302 |
Jiangsu Zhongnan Construction Group Co. Ltd., Class A | 149,500 | 88,371 |
Jiangsu Zhongtian Technology Co. Ltd., Class A | 127,900 | 310,691 |
Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 89,300 | 148,980 |
Jointo Energy Investment Co. Ltd. Hebei, Class A | 185,500 | 115,387 |
Joyoung Co. Ltd., Class A | 29,571 | 66,662 |
JOYY, Inc., ADR | 3,340 | 132,164 |
Kingboard Holdings Ltd. | 103,500 | 465,969 |
KingClean Electric Co. Ltd., Class A | 45,918 | 140,738 |
Kunlun Energy Co. Ltd. | 214,000 | 177,596 |
Kweichow Moutai Co. Ltd., Class A | 4,500 | 1,235,233 |
LB Group Co. Ltd., Class A | 71,300 | 194,366 |
Li Ning Co. Ltd. | 132,000 | 1,028,830 |
Livzon Pharmaceutical Group, Inc., Class A | 28,800 | 143,683 |
Longfor Group Holdings Ltd. (b) | 45,500 | 225,343 |
Luolai Lifestyle Technology Co. Ltd., Class A | 69,600 | 130,433 |
Maanshan Iron & Steel Co. Ltd., Class H | 220,000 | 86,021 |
Metallurgical Corp. of China Ltd., Class A | 288,500 | 151,021 |
Nanjing Iron & Steel Co. Ltd., Class A | 347,500 | 186,339 |
Ningbo Sanxing Medical Electric Co. Ltd., Class A | 76,000 | 99,572 |
Pharmaron Beijing Co. Ltd., Class H (b) | 17,700 | 222,355 |
Ping An Insurance Group Co. of China Ltd., Class H | 103,500 | 654,194 |
Postal Savings Bank of China Co. Ltd., Class H (a) (b) | 614,000 | 465,523 |
Sansteel Minguang Co. Ltd. Fujian, Class A | 126,100 | 129,888 |
Sany Heavy Industry Co. Ltd., Class A | 75,900 | 187,233 |
SDIC Power Holdings Co. Ltd., Class A | 204,600 | 296,934 |
Seazen Group Ltd. * | 132,000 | 55,755 |
Seazen Holdings Co. Ltd., Class A | 37,200 | 154,712 |
Shaanxi Coal Industry Co. Ltd., Class A | 150,000 | 388,537 |
Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 48,600 | 132,908 |
Shandong Chenming Paper Holdings Ltd., Class A | 201,500 | 159,088 |
INVESTMENTS | SHARES | VALUE($) |
China — continued | ||
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 65,840 | 296,585 |
Shandong Publishing & Media Co. Ltd., Class A | 103,000 | 91,634 |
Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 160,800 | 171,308 |
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 16,900 | 27,327 |
Shenzhen Gas Corp. Ltd., Class A | 167,800 | 160,838 |
Shenzhen Jinjia Group Co. Ltd., Class A | 100,600 | 131,690 |
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 7,700 | 360,940 |
Shenzhen New Nanshan Holding Group Co. Ltd., Class A | 290,400 | 204,624 |
Shenzhen Overseas Chinese Town Co. Ltd., Class A | 175,800 | 159,218 |
Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A | 36,000 | 123,777 |
Shenzhou International Group Holdings Ltd. | 41,800 | 567,183 |
Sinoma International Engineering Co., Class A | 65,500 | 76,388 |
Sino-Ocean Group Holding Ltd. | 356,000 | 67,229 |
Sinopharm Group Co. Ltd., Class H | 74,000 | 170,287 |
Sinotruk Hong Kong Ltd. | 137,000 | 165,705 |
Tangshan Jidong Cement Co. Ltd., Class A ‡ | 80,300 | 129,385 |
TangShan Port Group Co. Ltd., Class A | 735,200 | 302,685 |
Tian Di Science & Technology Co. Ltd., Class A | 306,600 | 206,134 |
Tianhe Chemicals Group Ltd. ‡ * | 20,000 | —(c) |
Wanxiang Qianchao Co. Ltd., Class A | 194,000 | 149,752 |
Weichai Power Co. Ltd., Class A | 116,856 | 194,634 |
Weifu High-Technology Group Co. Ltd., Class A | 59,600 | 180,816 |
Wuliangye Yibin Co. Ltd., Class A | 19,300 | 467,615 |
Xinhua Winshare Publishing and Media Co. Ltd., Class A | 117,700 | 156,305 |
Xinxing Ductile Iron Pipes Co. Ltd., Class A | 275,500 | 198,529 |
Yangzijiang Shipbuilding Holdings Ltd. | 370,000 | 241,397 |
Yankuang Energy Group Co. Ltd., Class H | 192,000 | 541,664 |
Yintai Gold Co. Ltd., Class A * | 102,820 | 143,731 |
Yuexiu Property Co. Ltd. | 69,400 | 72,212 |
Yunnan Baiyao Group Co. Ltd., Class A | 11,900 | 135,944 |
Zhejiang Expressway Co. Ltd., Class H * | 242,000 | 200,150 |
Zhejiang Hisoar Pharmaceutical Co. Ltd., Class A | 103,200 | 97,362 |
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A | 80,880 | 201,809 |
168 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
China — continued | ||
Zhejiang Semir Garment Co. Ltd., Class A | 134,700 | 131,324 |
Zhejiang Weixing New Building Materials Co. Ltd., Class A | 54,097 | 153,785 |
Zhengzhou Coal Mining Machinery Group Co. Ltd., Class A | 135,600 | 235,655 |
Zhongsheng Group Holdings Ltd. | 51,000 | 336,999 |
Zhuzhou Kibing Group Co. Ltd., Class A | 84,000 | 138,697 |
Zijin Mining Group Co. Ltd., Class H | 238,000 | 346,554 |
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H | 301,400 | 176,230 |
38,528,767 | ||
Colombia — 0.3% | ||
Bancolombia SA (Preference) | 34,714 | 336,791 |
Grupo Aval Acciones y Valores SA (Preference) | 330,887 | 71,059 |
407,850 | ||
Czech Republic — 0.4% | ||
CEZ A/S | 12,560 | 538,392 |
Moneta Money Bank A/S (b) | 33,154 | 124,358 |
662,750 | ||
Egypt — 0.1% | ||
Commercial International Bank Egypt SAE | 29,154 | 70,391 |
ElSewedy Electric Co. | 311,345 | 131,498 |
201,889 | ||
Greece — 1.1% | ||
Hellenic Telecommunications Organization SA | 28,426 | 546,861 |
JUMBO SA | 19,258 | 312,131 |
Mytilineos SA | 24,160 | 447,392 |
OPAP SA | 32,578 | 482,884 |
1,789,268 | ||
Hong Kong — 0.2% | ||
Kingboard Laminates Holdings Ltd. | 159,500 | 244,666 |
Nine Dragons Paper Holdings Ltd. | 88,000 | 77,716 |
322,382 | ||
Hungary — 0.7% | ||
Magyar Telekom Telecommunications plc | 79,604 | 86,153 |
MOL Hungarian Oil & Gas plc | 35,993 | 305,189 |
OTP Bank Nyrt. * | 17,112 | 510,441 |
Richter Gedeon Nyrt. | 15,707 | 313,387 |
1,215,170 |
INVESTMENTS | SHARES | VALUE($) |
India — 11.2% | ||
Asian Paints Ltd. | 1,141 | 48,096 |
Aurobindo Pharma Ltd. | 11,436 | 93,508 |
Bajaj Auto Ltd. | 6,999 | 339,705 |
Bajaj Holdings & Investment Ltd. | 673 | 45,211 |
Bharat Petroleum Corp. Ltd. | 38,216 | 179,844 |
Castrol India Ltd. | 11,296 | 15,919 |
Cipla Ltd. | 27,440 | 350,219 |
Colgate-Palmolive India Ltd. | 4,614 | 99,570 |
Dabur India Ltd. | 37,133 | 268,820 |
Divi's Laboratories Ltd. | 6,946 | 406,604 |
Dr. Reddy's Laboratories Ltd. | 6,481 | 349,047 |
GAIL India Ltd. | 11,025 | 22,792 |
Glenmark Pharmaceuticals Ltd. | 8,901 | 50,937 |
HCL Technologies Ltd. | 40,978 | 573,960 |
Hindalco Industries Ltd. | 15,819 | 98,485 |
Hindustan Petroleum Corp. Ltd. | 23,611 | 82,984 |
Hindustan Unilever Ltd. | 52,938 | 1,538,045 |
Hindustan Zinc Ltd. | 11,278 | 47,111 |
Housing Development Finance Corp. Ltd. | 35,925 | 1,036,506 |
ICICI Lombard General Insurance Co. Ltd. (b) | 3,178 | 52,825 |
Indian Oil Corp. Ltd. | 55,521 | 90,575 |
Indus Towers Ltd. * | 68,027 | 184,940 |
Infosys Ltd. | 147,792 | 2,995,330 |
ITC Ltd. | 202,516 | 682,563 |
Jindal Steel & Power Ltd. | 17,110 | 119,309 |
JSW Steel Ltd. | 27,187 | 255,883 |
Motherson Sumi Systems Ltd. | 49,672 | 88,724 |
Mphasis Ltd. | 2,480 | 91,068 |
Muthoot Finance Ltd. | 718 | 11,774 |
Nestle India Ltd. | 1,688 | 402,462 |
NHPC Ltd. | 200,618 | 86,618 |
NMDC Ltd. | 49,351 | 102,381 |
NTPC Ltd. | 158,375 | 321,455 |
Oil & Natural Gas Corp. Ltd. | 94,294 | 195,416 |
Oil India Ltd. | 11,242 | 33,196 |
Petronet LNG Ltd. | 46,002 | 121,936 |
Piramal Enterprises Ltd. | 3,537 | 99,069 |
Power Grid Corp. of India Ltd. | 89,448 | 265,066 |
REC Ltd. | 41,633 | 68,754 |
Reliance Industries Ltd. | 53,221 | 1,928,328 |
Steel Authority of India Ltd. | 64,129 | 79,925 |
Sun Pharmaceutical Industries Ltd. | 27,155 | 328,249 |
Tata Consultancy Services Ltd. | 33,469 | 1,542,531 |
Tata Power Co. Ltd. (The) | 197,981 | 620,316 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 169 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
India — continued | ||
Tata Steel Ltd. | 28,170 | 462,528 |
Tech Mahindra Ltd. | 5,072 | 82,837 |
Titan Co. Ltd. | 11,188 | 356,993 |
Torrent Power Ltd. | 10,027 | 69,572 |
United Breweries Ltd. | 1,897 | 39,272 |
UPL Ltd. | 17,307 | 184,787 |
Vedanta Ltd. | 89,133 | 468,867 |
Wipro Ltd. | 43,197 | 283,821 |
Zydus Lifesciences Ltd. | 10,992 | 50,412 |
18,415,145 | ||
Indonesia — 3.2% | ||
Adaro Energy Indonesia Tbk. PT | 2,164,100 | 494,443 |
Astra International Tbk. PT | 1,340,400 | 699,878 |
Bank Central Asia Tbk. PT | 1,606,300 | 900,928 |
Bukit Asam Tbk. PT * | 977,400 | 255,823 |
Charoen Pokphand Indonesia Tbk. PT | 827,300 | 293,895 |
Gudang Garam Tbk. PT | 58,600 | 123,995 |
Hanjaya Mandala Sampoerna Tbk. PT | 1,697,500 | 113,488 |
Indofood CBP Sukses Makmur Tbk. PT | 143,700 | 75,596 |
Indofood Sukses Makmur Tbk. PT | 557,000 | 242,378 |
Kalbe Farma Tbk. PT | 2,579,200 | 291,777 |
Media Nusantara Citra Tbk. PT | 2,337,800 | 161,928 |
Perusahaan Gas Negara Tbk. PT * | 335,500 | 33,400 |
Sarana Menara Nusantara Tbk. PT | 3,397,700 | 236,566 |
Telkom Indonesia Persero Tbk. PT | 3,181,400 | 1,013,870 |
Unilever Indonesia Tbk. PT | 312,200 | 83,565 |
XL Axiata Tbk. PT | 1,187,500 | 261,390 |
5,282,920 | ||
Kuwait — 2.0% | ||
Agility Public Warehousing Co. KSC | 155,553 | 631,121 |
Humansoft Holding Co. KSC | 17,743 | 194,630 |
Kuwait Finance House KSCP | 260,130 | 835,012 |
Mobile Telecommunications Co. KSCP | 251,303 | 558,778 |
National Bank of Kuwait SAKP | 336,275 | 1,152,530 |
3,372,071 | ||
Malaysia — 2.1% | ||
Astro Malaysia Holdings Bhd. | 279,300 | 64,155 |
Axiata Group Bhd. | 291,800 | 235,263 |
DiGi.Com Bhd. | 259,300 | 226,727 |
Hartalega Holdings Bhd. | 191,800 | 193,848 |
Hong Leong Financial Group Bhd. | 7,600 | 33,867 |
Kuala Lumpur Kepong Bhd. | 20,600 | 139,399 |
Malayan Banking Bhd. | 37,408 | 77,802 |
INVESTMENTS | SHARES | VALUE($) |
Malaysia — continued | ||
Maxis Bhd. | 328,500 | 285,566 |
Nestle Malaysia Bhd. | 6,200 | 189,696 |
Petronas Gas Bhd. | 97,900 | 381,360 |
PPB Group Bhd. | 86,960 | 343,166 |
Press Metal Aluminium Holdings Bhd. | 57,700 | 79,102 |
RHB Bank Bhd. | 87,500 | 125,360 |
Supermax Corp. Bhd. | 337,380 | 86,021 |
Telekom Malaysia Bhd. | 226,800 | 258,938 |
Tenaga Nasional Bhd. | 282,900 | 587,439 |
Top Glove Corp. Bhd. | 484,900 | 187,121 |
3,494,830 | ||
Mexico — 6.2% | ||
Alfa SAB de CV, Class A | 619,781 | 417,308 |
America Movil SAB de CV | 1,216,817 | 1,186,615 |
Arca Continental SAB de CV | 73,892 | 469,535 |
Cemex SAB de CV * | 1,284,666 | 567,213 |
Coca-Cola Femsa SAB de CV | 62,405 | 340,580 |
El Puerto de Liverpool SAB de CV, Class C1 | 16,939 | 85,814 |
Fibra Uno Administracion SA de CV, REIT | 406,152 | 443,838 |
Fomento Economico Mexicano SAB de CV | 21,488 | 160,719 |
Gruma SAB de CV, Class B | 37,320 | 444,479 |
Grupo Aeroportuario del Centro Norte SAB de CV | 55,538 | 387,064 |
Grupo Aeroportuario del Pacifico SAB de CV, Class B * | 41,087 | 632,981 |
Grupo Aeroportuario del Sureste SAB de CV, Class B | 25,659 | 559,540 |
Grupo Bimbo SAB de CV | 201,482 | 620,347 |
Grupo Carso SAB de CV | 37,652 | 122,717 |
Grupo Financiero Banorte SAB de CV, Class O | 183,832 | 1,211,644 |
Grupo Mexico SAB de CV | 59,736 | 279,821 |
Kimberly-Clark de Mexico SAB de CV, Class A | 115,507 | 160,753 |
Megacable Holdings SAB de CV | 81,539 | 231,753 |
Orbia Advance Corp. SAB de CV | 176,612 | 424,599 |
Promotora y Operadora de Infraestructura SAB de CV | 35,690 | 261,451 |
Qualitas Controladora SAB de CV | 24,081 | 129,807 |
Wal-Mart de Mexico SAB de CV | 328,302 | 1,163,653 |
10,302,231 | ||
Pakistan — 0.0% ^ | ||
Oil & Gas Development Co. Ltd. | 99,681 | 45,378 |
170 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Panama — 0.0% ^ | ||
BAC Holding International Corp. * | 330,887 | 24,027 |
Philippines — 0.6% | ||
Globe Telecom, Inc. | 4,985 | 216,724 |
Manila Electric Co. | 36,670 | 246,853 |
Metro Pacific Investments Corp. | 2,685,200 | 194,208 |
PLDT, Inc. | 9,750 | 346,928 |
Puregold Price Club, Inc. | 21,200 | 13,357 |
San Miguel Corp. | 14,660 | 29,851 |
1,047,921 | ||
Qatar — 2.1% | ||
Commercial Bank PSQC (The) | 130,989 | 276,563 |
Industries Qatar QSC | 135,678 | 699,715 |
Masraf Al Rayan QSC | 223,410 | 330,660 |
Mesaieed Petrochemical Holding Co. | 226,163 | 159,969 |
Ooredoo QPSC | 113,219 | 232,827 |
Qatar Aluminum Manufacturing Co. | 293,976 | 193,737 |
Qatar Electricity & Water Co. QSC | 49,046 | 229,347 |
Qatar Fuel QSC | 34,317 | 172,727 |
Qatar Gas Transport Co. Ltd. | 457,594 | 429,731 |
Qatar International Islamic Bank QSC | 30,012 | 94,966 |
Qatar Islamic Bank SAQ | 73,644 | 495,240 |
Qatar National Bank QPSC | 6,680 | 42,647 |
United Development Co. QSC | 53,011 | 21,107 |
3,379,236 | ||
Russia — 0.1% | ||
Alrosa PJSC ‡ | 200,448 | 4,122 |
Federal Grid Co. Unified Energy System PJSC ‡ | 127,925,624 | 2,782 |
Inter RAO UES PJSC ‡ | 6,142,220 | 4,185 |
LUKOIL PJSC ‡ | 17,853 | 21,998 |
M.Video PJSC ‡ | 8,526 | 539 |
Magnit PJSC ‡ | 7,858 | 5,824 |
Magnitogorsk Iron & Steel Works PJSC ‡ | 334,440 | 3,866 |
MMC Norilsk Nickel PJSC ‡ | 3,087 | 14,762 |
Mobile TeleSystems PJSC ‡ | 120,496 | 6,770 |
Novolipetsk Steel PJSC ‡ | 155,019 | 6,950 |
PhosAgro PJSC ‡ | 1,940 | 2,387 |
ROSSETI PJSC ‡ | 6,397,653 | 1,040 |
Rostelecom PJSC ‡ | 157,186 | 2,668 |
RusHydro PJSC ‡ | 35,715,691 | 5,977 |
Sberbank of Russia PJSC ‡ | 537,391 | 16,767 |
Severstal PAO ‡ | 20,498 | 6,910 |
Sistema PJSFC ‡ | 308,352 | 918 |
INVESTMENTS | SHARES | VALUE($) |
Russia — continued | ||
Surgutneftegas PJSC (Preference) ‡ | 655,737 | 4,970 |
Tatneft PJSC ‡ | 17,275 | 1,549 |
Unipro PJSC ‡ | 4,941,067 | 1,948 |
116,932 | ||
Saudi Arabia — 7.3% | ||
Abdullah Al Othaim Markets Co. | 3,404 | 101,463 |
Al Rajhi Bank | 41,946 | 1,965,008 |
Alinma Bank | 59,139 | 648,716 |
Almarai Co. JSC | 24,309 | 335,036 |
Arab National Bank | 14,882 | 139,204 |
Arabian Internet & Communications Services Co. * | 4,009 | 257,857 |
Bank Al-Jazira | 40,851 | 341,453 |
Banque Saudi Fransi | 13,337 | 191,629 |
Dr. Sulaiman Al Habib Medical Services Group Co. | 7,712 | 409,332 |
Etihad Etisalat Co. | 54,520 | 628,663 |
Jarir Marketing Co. | 8,859 | 452,391 |
Mobile Telecommunications Co. Saudi Arabia * | 12,873 | 47,483 |
Mouwasat Medical Services Co. | 4,966 | 317,250 |
Riyad Bank | 35,036 | 379,688 |
SABIC Agri-Nutrients Co. | 13,456 | 579,666 |
Sahara International Petrochemical Co. | 32,122 | 481,178 |
Saudi Airlines Catering Co. * | 11,088 | 277,537 |
Saudi Arabian Mining Co. * | 11,499 | 418,755 |
Saudi Arabian Oil Co. (b) | 97,098 | 1,160,300 |
Saudi Cement Co. | 18,073 | 277,080 |
Saudi Electricity Co. * | 50,859 | 364,470 |
Saudi Ground Services Co. * | 23,475 | 213,930 |
Saudi Industrial Investment Group | 27,247 | 236,192 |
Saudi Investment Bank (The) | 41,606 | 254,040 |
Saudi Telecom Co. | 36,291 | 1,115,968 |
United Electronics Co. | 5,404 | 185,739 |
Yanbu Cement Co. | 23,763 | 266,200 |
12,046,228 | ||
Singapore — 0.1% | ||
Yangzijiang Financial Holding Pte. Ltd. * | 370,000 | 145,811 |
South Africa — 7.1% | ||
African Rainbow Minerals Ltd. | 23,372 | 387,582 |
Anglo American Platinum Ltd. | 3,875 | 430,545 |
Aspen Pharmacare Holdings Ltd. | 29,803 | 321,063 |
AVI Ltd. | 74,297 | 323,534 |
Barloworld Ltd. | 54,757 | 397,558 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 171 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
South Africa — continued | ||
Bidvest Group Ltd. (The) | 38,648 | 529,810 |
Capitec Bank Holdings Ltd. | 383 | 53,463 |
Clicks Group Ltd. | 18,763 | 369,284 |
Distell Group Holdings Ltd. * | 15,745 | 172,589 |
Exxaro Resources Ltd. | 22,592 | 322,844 |
Foschini Group Ltd. (The) | 50,153 | 441,175 |
Impala Platinum Holdings Ltd. | 43,771 | 566,196 |
Investec Ltd. | 23,122 | 140,892 |
Kumba Iron Ore Ltd. | 6,164 | 204,636 |
Life Healthcare Group Holdings Ltd. | 76,563 | 104,330 |
Mr Price Group Ltd. | 31,646 | 430,991 |
MTN Group Ltd. | 90,041 | 954,974 |
MultiChoice Group | 53,575 | 438,642 |
Naspers Ltd., Class N | 6,245 | 629,845 |
Nedbank Group Ltd. | 29,507 | 412,047 |
Pepkor Holdings Ltd. (b) | 194,034 | 263,176 |
Pick n Pay Stores Ltd. | 65,301 | 238,048 |
Royal Bafokeng Platinum Ltd. | 8,474 | 84,780 |
Sasol Ltd. * | 9,599 | 235,146 |
Shoprite Holdings Ltd. | 44,813 | 647,280 |
Sibanye Stillwater Ltd. | 148,600 | 514,104 |
SPAR Group Ltd. (The) | 24,495 | 256,653 |
Telkom SA SOC Ltd. * | 73,967 | 221,351 |
Tiger Brands Ltd. | 22,909 | 224,847 |
Truworths International Ltd. | 104,047 | 370,531 |
Vodacom Group Ltd. | 61,813 | 594,861 |
Woolworths Holdings Ltd. | 123,215 | 461,261 |
11,744,038 | ||
Taiwan — 11.4% | ||
Asia Cement Corp. | 189,000 | 307,131 |
Capital Securities Corp. | 402,000 | 212,115 |
Cheng Shin Rubber Industry Co. Ltd. | 299,000 | 336,968 |
Chicony Electronics Co. Ltd. * | 13,551 | 37,694 |
China Airlines Ltd. * | 403,000 | 370,122 |
China Motor Corp. | 49,000 | 97,165 |
China Steel Corp. | 128,000 | 155,055 |
Chunghwa Telecom Co. Ltd. | 249,000 | 1,103,809 |
CTBC Financial Holding Co. Ltd. | 1,159,395 | 1,140,403 |
E.Sun Financial Holding Co. Ltd. | 674,945 | 770,870 |
Eclat Textile Co. Ltd. | 25,000 | 410,213 |
Eva Airways Corp. * | 249,000 | 292,522 |
Far Eastern New Century Corp. | 389,000 | 394,334 |
Far EasTone Telecommunications Co. Ltd. | 149,000 | 418,653 |
Feng TAY Enterprise Co. Ltd. | 39,000 | 251,086 |
INVESTMENTS | SHARES | VALUE($) |
Taiwan — continued | ||
First Financial Holding Co. Ltd. | 587,743 | 551,963 |
Formosa Chemicals & Fibre Corp. | 112,000 | 301,634 |
Formosa Taffeta Co. Ltd. | 158,000 | 144,954 |
Fubon Financial Holding Co. Ltd. | 209,700 | 526,539 |
Giant Manufacturing Co. Ltd. | 31,000 | 259,175 |
Globalwafers Co. Ltd. | 13,000 | 226,559 |
Hotai Motor Co. Ltd. | 12,000 | 234,012 |
Lite-On Technology Corp. | 161,000 | 352,752 |
Mega Financial Holding Co. Ltd. | 624,233 | 877,551 |
momo.com, Inc. | 8,400 | 221,736 |
Nan Ya Plastics Corp. | 345,000 | 1,007,946 |
Nien Made Enterprise Co. Ltd. | 31,000 | 326,503 |
Novatek Microelectronics Corp. | 9,000 | 119,057 |
Pou Chen Corp. | 379,000 | 395,237 |
President Chain Store Corp. | 57,000 | 527,400 |
Realtek Semiconductor Corp. | 33,000 | 447,794 |
SinoPac Financial Holdings Co. Ltd. | 607,580 | 374,162 |
Taiwan Cooperative Financial Holding Co. Ltd. | 558,650 | 537,212 |
Taiwan Fertilizer Co. Ltd. | 164,000 | 412,804 |
Taiwan Mobile Co. Ltd. | 163,000 | 598,843 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 115,000 | 2,079,506 |
Uni-President Enterprises Corp. | 341,000 | 788,945 |
Yang Ming Marine Transport Corp. * | 59,000 | 246,143 |
Yuanta Financial Holding Co. Ltd. | 864,291 | 760,743 |
Yulon Motor Co. Ltd. | 88,000 | 117,131 |
18,734,441 | ||
Thailand — 2.5% | ||
Advanced Info Service PCL | 99,000 | 618,959 |
Bangkok Dusit Medical Services PCL, Class F | 248,200 | 185,169 |
Bumrungrad Hospital PCL | 29,200 | 136,055 |
Digital Telecommunications Infrastructure Fund, Class F | 494,400 | 202,929 |
Electricity Generating PCL | 15,900 | 76,929 |
Home Product Center PCL | 674,300 | 293,162 |
Intouch Holdings PCL, NVDR | 129,600 | 263,820 |
Krung Thai Bank PCL | 490,400 | 216,198 |
PTT Exploration & Production PCL | 133,400 | 583,680 |
Ratch Group PCL | 73,200 | 93,883 |
SCB X PCL | 194,600 | 653,401 |
Sri Trang Gloves Thailand PCL, NVDR | 349,800 | 248,179 |
Thai Union Group PCL, Class F | 519,300 | 255,390 |
172 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Thailand — continued | ||
Total Access Communication PCL | 41,300 | 55,348 |
Total Access Communication PCL, NVDR | 124,000 | 166,177 |
4,049,279 | ||
Turkey — 3.6% | ||
Anadolu Efes Biracilik ve Malt Sanayii A/S | 162,545 | 323,377 |
Arcelik A/S | 95,315 | 431,427 |
Aselsan Elektronik Sanayi ve Ticaret A/S | 222,084 | 366,444 |
BIM Birlesik Magazalar A/S | 60,841 | 341,810 |
Coca-Cola Icecek A/S | 38,129 | 316,302 |
Enerjisa Enerji A/S (b) | 269,267 | 255,517 |
Enka Insaat ve Sanayi A/S | 293,093 | 311,553 |
Eregli Demir ve Celik Fabrikalari TAS | 176,412 | 398,726 |
Ford Otomotiv Sanayi A/S | 21,989 | 442,646 |
Haci Omer Sabanci Holding A/S | 191,642 | 257,985 |
Iskenderun Demir ve Celik A/S | 47,885 | 88,428 |
KOC Holding A/S | 112,936 | 305,762 |
Koza Altin Isletmeleri A/S * | 15,430 | 178,238 |
Tofas Turk Otomobil Fabrikasi A/S | 61,040 | 323,324 |
Turk Hava Yollari AO * | 153,506 | 426,559 |
Turk Telekomunikasyon A/S | 427,436 | 290,173 |
Turkcell Iletisim Hizmetleri A/S | 290,768 | 423,768 |
Turkiye Sise ve Cam Fabrikalari A/S | 435,031 | 530,888 |
6,012,927 | ||
United Arab Emirates — 2.9% | ||
Abu Dhabi Commercial Bank PJSC | 206,751 | 571,528 |
Abu Dhabi Islamic Bank PJSC | 116,027 | 276,354 |
Aldar Properties PJSC | 303,017 | 464,282 |
Alpha Dhabi Holding PJSC * | 66,614 | 491,120 |
Dubai Islamic Bank PJSC | 219,350 | 383,679 |
Emirates Telecommunications Group Co. PJSC | 171,890 | 1,644,087 |
First Abu Dhabi Bank PJSC | 161,112 | 984,292 |
4,815,342 | ||
United States — 0.4% | ||
JBS SA | 95,285 | 730,449 |
Total Common Stocks (Cost $158,606,537) | 164,866,553 | |
Short-Term Investments — 0.5% | ||
Investment of Cash Collateral from Securities Loaned — 0.5% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (d) (e)(Cost $780,542) | 780,542 | 780,542 |
INVESTMENTS | SHARES | VALUE($) |
Total Investments — 100.4% (Cost $159,387,079) | 165,647,095 | |
Liabilities in Excess of Other Assets — (0.4)% | (659,695) | |
NET ASSETS — 100.0% | 164,987,400 | |
Percentages indicated are based on net assets. |
Abbreviations | |
ADR | American Depositary Receipt |
JSC | Joint Stock Company |
NVDR | Non-Voting Depositary Receipt |
PJSC | Public Joint Stock Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
PT | Limited liability company |
REIT | Real Estate Investment Trust |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $728,207. | |
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(c) | Value is zero. | |
(d) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(e) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 173 |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Banks | 16.8% |
Oil, Gas & Consumable Fuels | 6.6 |
Metals & Mining | 6.5 |
Wireless Telecommunication Services | 5.2 |
Diversified Telecommunication Services | 4.5 |
Food Products | 4.2 |
Electric Utilities | 4.0 |
IT Services | 3.7 |
Chemicals | 2.8 |
Industrial Conglomerates | 2.8 |
Pharmaceuticals | 2.8 |
Beverages | 2.7 |
Independent Power and Renewable Electricity Producers | 2.7 |
Food & Staples Retailing | 2.5 |
Textiles, Apparel & Luxury Goods | 2.4 |
Transportation Infrastructure | 2.1 |
Specialty Retail | 2.1 |
Construction Materials | 1.9 |
Semiconductors & Semiconductor Equipment | 1.8 |
Automobiles | 1.8 |
Personal Products | 1.2 |
Machinery | 1.1 |
Real Estate Management & Development | 1.0 |
Gas Utilities | 1.0 |
Others (each less than 1.0%) | 15.7 |
Short-Term Investments | 0.5 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
MSCI Emerging Markets E-Mini Index | 2 | 06/17/2022 | USD | 105,610 | (1,524) |
Abbreviations | |
MSCI | Morgan Stanley Capital International |
USD | United States Dollar |
174 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 99.1% | ||
Australia — 10.5% | ||
AGL Energy Ltd. | 522,593 | 3,176,784 |
Altium Ltd. | 22,130 | 498,529 |
Alumina Ltd. | 1,319,675 | 1,661,466 |
Ampol Ltd. | 114,327 | 2,687,968 |
Ansell Ltd. | 111,706 | 2,139,530 |
APA Group | 333,811 | 2,682,213 |
Aurizon Holdings Ltd. | 118,743 | 335,344 |
Australia & New Zealand Banking Group Ltd. | 27,502 | 523,341 |
BHP Group Ltd. | 85,391 | 2,853,377 |
BlueScope Steel Ltd. | 73,546 | 1,045,500 |
Charter Hall Group, REIT | 61,090 | 656,559 |
Cochlear Ltd. | 7,233 | 1,165,001 |
Coles Group Ltd. | 214,878 | 2,825,358 |
Crown Resorts Ltd. * | 8,521 | 77,150 |
CSL Ltd. | 13,544 | 2,584,876 |
CSR Ltd. | 494,698 | 2,118,587 |
Dexus, REIT | 401,377 | 3,138,195 |
Endeavour Group Ltd. | 46,512 | 254,610 |
Evolution Mining Ltd. | 34,438 | 97,446 |
Fortescue Metals Group Ltd. | 161,756 | 2,444,631 |
Glencore plc * | 475,925 | 2,932,491 |
GPT Group (The), REIT | 764,039 | 2,716,072 |
Harvey Norman Holdings Ltd. | 476,166 | 1,696,134 |
JB Hi-Fi Ltd. | 43,394 | 1,607,156 |
Macquarie Group Ltd. | 2,538 | 365,378 |
Metcash Ltd. | 663,075 | 2,225,924 |
Mirvac Group, REIT | 1,005,443 | 1,699,291 |
Origin Energy Ltd. | 376,205 | 1,799,445 |
Ramsay Health Care Ltd. | 50,469 | 2,863,977 |
REA Group Ltd. | 9,816 | 879,396 |
Rio Tinto Ltd. | 33,906 | 2,682,097 |
Rio Tinto plc | 41,033 | 2,899,235 |
Santos Ltd. | 548,418 | 3,064,598 |
Sonic Healthcare Ltd. | 109,799 | 2,835,695 |
South32 Ltd. | 544,484 | 1,813,316 |
Stockland, REIT | 214,382 | 620,514 |
Tabcorp Holdings Ltd. | 589,983 | 2,256,224 |
Telstra Corp. Ltd. | 803,738 | 2,281,530 |
TPG Telecom Ltd. | 103,102 | 422,644 |
Treasury Wine Estates Ltd. | 20,841 | 164,888 |
Vicinity Centres, REIT | 55,669 | 72,638 |
Wesfarmers Ltd. | 75,785 | 2,622,395 |
Whitehaven Coal Ltd. | 232,346 | 797,887 |
INVESTMENTS | SHARES | VALUE($) |
Australia — continued | ||
Woodside Petroleum Ltd. | 130,156 | 2,831,686 |
Woolworths Group Ltd. | 115,591 | 3,127,091 |
80,244,167 | ||
Austria — 0.5% | ||
Mondi plc | 121,257 | 2,277,930 |
OMV AG | 31,857 | 1,628,454 |
3,906,384 | ||
Belgium — 0.6% | ||
D'ieteren Group | 2,737 | 439,323 |
Etablissements Franz Colruyt NV | 22,877 | 840,062 |
Groupe Bruxelles Lambert SA | 13,110 | 1,237,066 |
Proximus SADP | 107,272 | 1,874,934 |
4,391,385 | ||
Brazil — 0.4% | ||
Yara International ASA | 65,446 | 3,327,814 |
Cambodia — 0.0% ^ | ||
NagaCorp Ltd. | 124,000 | 110,823 |
Chile — 0.4% | ||
Antofagasta plc | 149,083 | 2,854,031 |
China — 1.4% | ||
Chow Tai Fook Jewellery Group Ltd. * | 219,000 | 367,203 |
Lenovo Group Ltd. | 3,088,000 | 2,998,458 |
SITC International Holdings Co. Ltd. | 199,000 | 661,570 |
Tingyi Cayman Islands Holding Corp. | 1,170,000 | 2,135,439 |
Uni-President China Holdings Ltd. | 1,083,000 | 949,035 |
Want Want China Holdings Ltd. | 2,393,000 | 2,160,082 |
Wilmar International Ltd. | 515,400 | 1,642,937 |
10,914,724 | ||
Denmark — 0.6% | ||
Carlsberg A/S, Class B | 10,671 | 1,355,572 |
DSV A/S | 570 | 93,452 |
Novo Nordisk A/S, Class B | 29,850 | 3,409,655 |
4,858,679 | ||
Finland — 1.9% | ||
Elisa OYJ | 46,975 | 2,753,740 |
Fortum OYJ | 141,400 | 2,350,896 |
Kesko OYJ, Class B | 98,889 | 2,489,675 |
Neste OYJ | 27,354 | 1,173,728 |
Orion OYJ, Class B | 13,145 | 515,580 |
Stora Enso OYJ, Class R | 117,583 | 2,313,975 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 175 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Finland — continued | ||
UPM-Kymmene OYJ | 71,738 | 2,481,581 |
Valmet OYJ | 16,095 | 431,037 |
14,510,212 | ||
France — 3.9% | ||
Air Liquide SA | 4,202 | 726,981 |
Arkema SA | 21,314 | 2,428,610 |
Atos SE | 24,725 | 602,339 |
Capgemini SE | 15,879 | 3,232,632 |
Carrefour SA | 121,699 | 2,580,939 |
Covivio, REIT | 10,401 | 740,734 |
Eiffage SA | 26,862 | 2,652,588 |
EssilorLuxottica SA | 2,335 | 397,529 |
Gecina SA, REIT | 21,506 | 2,422,612 |
Klepierre SA, REIT * | 73,165 | 1,751,252 |
Orange SA | 132,654 | 1,579,298 |
Pernod Ricard SA | 15,225 | 3,142,200 |
Publicis Groupe SA | 31,125 | 1,868,643 |
TotalEnergies SE | 41,177 | 2,021,913 |
Unibail-Rodamco-Westfield, REIT * | 7,893 | 557,048 |
Vinci SA (a) | 22,395 | 2,173,073 |
Vivendi SE (a) | 92,965 | 1,067,757 |
29,946,148 | ||
Germany — 2.9% | ||
Aroundtown SA | 109,445 | 550,348 |
Bayerische Motoren Werke AG | 12,087 | 987,094 |
Covestro AG (b) | 13,970 | 601,486 |
Daimler Truck Holding AG * | 23,409 | 629,579 |
Deutsche Telekom AG (Registered) | 178,858 | 3,294,772 |
Deutsche Wohnen SE | 6,896 | 197,500 |
E.ON SE | 47,313 | 492,385 |
Evonik Industries AG | 27,667 | 723,669 |
Fresenius Medical Care AG & Co. KGaA | 32,367 | 2,012,802 |
Hannover Rueck SE | 3,384 | 525,977 |
Hella GmbH & Co. KGaA | 7,523 | 474,945 |
Infineon Technologies AG | 10,410 | 295,469 |
LEG Immobilien SE | 12,884 | 1,321,003 |
Mercedes-Benz Group AG * | 46,683 | 3,258,530 |
Merck KGaA | 8,561 | 1,588,300 |
SAP SE | 20,344 | 2,061,783 |
Telefonica Deutschland Holding AG | 597,689 | 1,797,568 |
Uniper SE | 57,858 | 1,487,219 |
22,300,429 |
INVESTMENTS | SHARES | VALUE($) |
Hong Kong — 3.8% | ||
ASM Pacific Technology Ltd. | 100,800 | 1,015,841 |
CK Asset Holdings Ltd. | 377,000 | 2,555,736 |
CK Infrastructure Holdings Ltd. | 429,000 | 2,884,344 |
CLP Holdings Ltd. | 312,500 | 3,049,493 |
Hong Kong & China Gas Co. Ltd. | 1,553,393 | 1,713,269 |
Hutchison Port Holdings Trust | 2,806,800 | 669,019 |
Hysan Development Co. Ltd. | 14,000 | 41,303 |
Link, REIT | 213,600 | 1,845,031 |
MTR Corp. Ltd. | 208,000 | 1,105,126 |
New World Development Co. Ltd. | 113,750 | 435,070 |
PCCW Ltd. | 3,618,000 | 2,049,824 |
Power Assets Holdings Ltd. | 492,000 | 3,313,649 |
Sun Hung Kai Properties Ltd. | 170,500 | 1,963,664 |
Techtronic Industries Co. Ltd. | 143,500 | 1,915,453 |
WH Group Ltd. (b) | 2,391,500 | 1,651,569 |
Xinyi Glass Holdings Ltd. | 905,000 | 2,002,595 |
Yue Yuen Industrial Holdings Ltd. * | 344,500 | 506,720 |
28,717,706 | ||
Indonesia — 0.2% | ||
First Pacific Co. Ltd. | 428,000 | 172,572 |
Golden Agri-Resources Ltd. | 4,161,700 | 972,327 |
1,144,899 | ||
Ireland — 0.5% | ||
CRH plc | 42,714 | 1,688,265 |
Flutter Entertainment plc * | 7,791 | 786,942 |
Smurfit Kappa Group plc | 23,422 | 989,715 |
3,464,922 | ||
Italy — 2.0% | ||
A2A SpA | 335,820 | 573,768 |
Assicurazioni Generali SpA | 44,804 | 848,278 |
Banca Mediolanum SpA | 64,710 | 469,752 |
Coca-Cola HBC AG * | 97,469 | 1,976,076 |
Davide Campari-Milano NV | 155,788 | 1,757,784 |
Enel SpA | 10,165 | 66,102 |
Eni SpA | 4,234 | 59,186 |
Italgas SpA | 353,921 | 2,291,524 |
Poste Italiane SpA (b) | 164,853 | 1,615,418 |
Recordati Industria Chimica e Farmaceutica SpA | 28,868 | 1,391,102 |
Snam SpA | 367,159 | 2,013,721 |
Telecom Italia SpA | 3,883,727 | 1,134,131 |
Terna - Rete Elettrica Nazionale | 119,442 | 974,179 |
15,171,021 |
176 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — 28.1% | ||
Activia Properties, Inc., REIT | 207 | 661,473 |
Advance Residence Investment Corp., REIT | 237 | 651,054 |
Advantest Corp. | 5,500 | 375,365 |
Aeon Mall Co. Ltd. | 44,600 | 542,673 |
AEON REIT Investment Corp., REIT | 486 | 557,983 |
AGC, Inc. | 26,900 | 1,008,465 |
Ajinomoto Co., Inc. | 101,700 | 2,642,324 |
Alfresa Holdings Corp. | 53,000 | 720,731 |
Anritsu Corp. | 170,200 | 2,140,183 |
Aozora Bank Ltd. | 27,900 | 558,573 |
Asahi Group Holdings Ltd. | 53,200 | 2,005,259 |
Astellas Pharma, Inc. | 197,400 | 3,005,556 |
Brother Industries Ltd. | 37,900 | 658,687 |
Canon Marketing Japan, Inc. | 54,700 | 1,190,265 |
Canon, Inc. | 38,700 | 890,455 |
Capcom Co. Ltd. | 70,100 | 1,849,737 |
Casio Computer Co. Ltd. | 43,000 | 445,904 |
Chubu Electric Power Co., Inc. | 300,200 | 3,030,539 |
Chugai Pharmaceutical Co. Ltd. | 65,900 | 1,974,704 |
COMSYS Holdings Corp. | 93,400 | 1,939,188 |
Cosmo Energy Holdings Co. Ltd. | 93,900 | 2,332,887 |
Cosmos Pharmaceutical Corp. | 10,200 | 940,313 |
CyberAgent, Inc. | 142,100 | 1,501,267 |
Dai Nippon Printing Co. Ltd. | 44,900 | 938,322 |
Daito Trust Construction Co. Ltd. | 29,200 | 2,812,308 |
Daiwa House REIT Investment Corp., REIT | 680 | 1,655,122 |
Daiwa Securities Group, Inc. | 487,900 | 2,391,261 |
Denka Co. Ltd. | 11,500 | 308,292 |
DIC Corp. | 46,200 | 880,976 |
Electric Power Development Co. Ltd. | 160,400 | 2,197,932 |
ENEOS Holdings, Inc. | 343,700 | 1,209,348 |
Fuji Media Holdings, Inc. | 17,300 | 149,417 |
FUJIFILM Holdings Corp. | 41,700 | 2,292,301 |
Fujitsu Ltd. | 18,700 | 2,826,489 |
Fukuoka Financial Group, Inc. | 21,400 | 391,006 |
GLP J-REIT, REIT | 562 | 758,349 |
H.U. Group Holdings, Inc. | 62,500 | 1,392,655 |
Hachijuni Bank Ltd. (The) | 137,900 | 454,758 |
Hikari Tsushin, Inc. | 5,200 | 608,885 |
Hoya Corp. | 19,400 | 1,925,298 |
Idemitsu Kosan Co. Ltd. | 60,637 | 1,598,093 |
Iida Group Holdings Co. Ltd. | 96,100 | 1,528,435 |
Industrial & Infrastructure Fund Investment Corp., REIT | 273 | 391,724 |
Inpex Corp. | 269,400 | 3,205,368 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
ITOCHU Corp. | 83,500 | 2,520,112 |
Itochu Techno-Solutions Corp. | 23,200 | 543,247 |
Iwatani Corp. | 33,100 | 1,316,943 |
Japan Metropolitan Fund Invest, REIT | 1,726 | 1,371,875 |
Japan Post Holdings Co. Ltd. | 261,100 | 1,830,796 |
Japan Post Insurance Co. Ltd. | 121,100 | 1,958,162 |
Japan Real Estate Investment Corp., REIT | 100 | 483,986 |
Japan Tobacco, Inc. | 167,700 | 2,852,878 |
Kajima Corp. | 80,200 | 893,787 |
Kaken Pharmaceutical Co. Ltd. | 14,900 | 451,502 |
Kaneka Corp. | 16,500 | 441,500 |
Kansai Electric Power Co., Inc. (The) | 305,300 | 2,676,260 |
KDDI Corp. | 93,600 | 3,099,536 |
Kikkoman Corp. | 23,700 | 1,331,967 |
Kinden Corp. | 54,100 | 641,060 |
Kirin Holdings Co. Ltd. | 52,200 | 760,957 |
K's Holdings Corp. | 165,200 | 1,635,995 |
Kyowa Kirin Co. Ltd. | 96,200 | 2,027,586 |
Kyushu Electric Power Co., Inc. | 271,300 | 1,702,787 |
Lawson, Inc. | 14,700 | 540,669 |
Lintec Corp. | 48,400 | 901,577 |
Mani, Inc. | 22,300 | 254,667 |
Marubeni Corp. | 279,600 | 3,052,008 |
Matsui Securities Co. Ltd. | 59,000 | 364,904 |
MatsukiyoCocokara & Co. | 27,700 | 915,633 |
Mebuki Financial Group, Inc. | 165,400 | 333,032 |
Medipal Holdings Corp. | 94,500 | 1,556,263 |
MEIJI Holdings Co. Ltd. | 41,400 | 2,063,663 |
Mitsubishi Chemical Holdings Corp. | 247,000 | 1,506,118 |
Mitsubishi Corp. | 30,500 | 1,024,053 |
Mitsubishi Estate Co. Ltd. | 17,300 | 252,002 |
Mitsubishi Gas Chemical Co., Inc. | 46,600 | 680,498 |
Mitsubishi HC Capital, Inc. | 376,900 | 1,695,851 |
Mitsubishi UFJ Financial Group, Inc. | 226,600 | 1,317,311 |
Mitsui & Co. Ltd. | 119,500 | 2,893,789 |
Mitsui Chemicals, Inc. | 23,300 | 532,356 |
Mitsui Fudosan Co. Ltd. | 28,200 | 597,664 |
Mitsui Fudosan Logistics Park, Inc., REIT | 106 | 454,467 |
Morinaga Milk Industry Co. Ltd. | 15,000 | 604,076 |
NH Foods Ltd. | 28,000 | 884,253 |
Nifco, Inc. | 8,500 | 179,468 |
Nintendo Co. Ltd. | 5,400 | 2,464,510 |
Nippon Electric Glass Co. Ltd. | 70,800 | 1,425,235 |
NIPPON EXPRESS HOLDINGS, Inc. | 2,400 | 140,714 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 177 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Japan — continued | ||
Nippon Shinyaku Co. Ltd. | 6,700 | 453,147 |
Nippon Shokubai Co. Ltd. | 9,800 | 394,267 |
Nippon Steel Corp. | 162,400 | 2,578,683 |
Nippon Telegraph & Telephone Corp. | 104,200 | 3,070,707 |
Nippon Yusen KK | 24,100 | 1,738,670 |
Nisshin Seifun Group, Inc. | 42,400 | 565,227 |
Nissin Foods Holdings Co. Ltd. | 22,800 | 1,586,028 |
Nitto Denko Corp. | 37,200 | 2,496,900 |
NOF Corp. | 15,100 | 566,771 |
Nomura Holdings, Inc. | 104,900 | 403,913 |
Nomura Real Estate Holdings, Inc. | 70,000 | 1,705,602 |
Nomura Research Institute Ltd. | 77,400 | 2,188,595 |
Obayashi Corp. | 112,400 | 772,991 |
Ono Pharmaceutical Co. Ltd. | 93,700 | 2,407,205 |
Open House Group Co. Ltd. | 67,200 | 2,600,281 |
ORIX Corp. | 147,100 | 2,682,953 |
Osaka Gas Co. Ltd. | 155,900 | 2,809,850 |
Rakuten Group, Inc. | 227,500 | 1,599,299 |
RENOVA, Inc. * | 66,500 | 819,338 |
Resona Holdings, Inc. | 463,400 | 2,015,062 |
Rinnai Corp. | 5,000 | 319,597 |
Sankyo Co. Ltd. | 28,000 | 805,700 |
Sawai Group Holdings Co. Ltd. | 25,300 | 848,680 |
SBI Holdings, Inc. | 65,300 | 1,460,573 |
SCREEN Holdings Co. Ltd. | 25,100 | 2,051,405 |
SCSK Corp. | 48,500 | 771,069 |
Sekisui Chemical Co. Ltd. | 51,000 | 690,598 |
Sekisui House Ltd. | 81,500 | 1,415,487 |
Sekisui House Reit, Inc., REIT | 620 | 362,794 |
Shimamura Co. Ltd. | 7,800 | 691,770 |
Shionogi & Co. Ltd. | 43,000 | 2,391,915 |
Ship Healthcare Holdings, Inc. | 20,400 | 340,760 |
Skylark Holdings Co. Ltd. | 66,000 | 783,136 |
SoftBank Corp. | 227,400 | 2,646,450 |
SoftBank Group Corp. | 55,500 | 2,282,728 |
Sojitz Corp. | 139,320 | 2,124,400 |
Sony Group Corp. | 27,200 | 2,347,390 |
Sugi Holdings Co. Ltd. | 35,800 | 1,534,405 |
Sumitomo Chemical Co. Ltd. | 686,100 | 2,917,438 |
Sumitomo Mitsui Financial Group, Inc. | 55,700 | 1,682,917 |
Sumitomo Pharma Co. Ltd. | 149,800 | 1,334,359 |
Suntory Beverage & Food Ltd. | 26,500 | 1,044,127 |
Suzuken Co. Ltd. | 20,800 | 613,959 |
Taisho Pharmaceutical Holdings Co. Ltd. | 7,300 | 287,532 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
Takeda Pharmaceutical Co. Ltd. | 79,900 | 2,318,422 |
Teijin Ltd. | 77,900 | 832,462 |
TIS, Inc. | 5,600 | 125,772 |
Toho Gas Co. Ltd. | 26,400 | 619,319 |
Tohoku Electric Power Co., Inc. | 354,500 | 1,971,922 |
Tokyo Electric Power Co. Holdings, Inc. * | 711,600 | 2,456,269 |
Tokyo Electron Ltd. | 6,200 | 2,616,070 |
Tokyo Gas Co. Ltd. | 127,100 | 2,434,531 |
Tokyo Tatemono Co. Ltd. | 61,100 | 861,445 |
Tosoh Corp. | 95,800 | 1,322,856 |
Toyo Suisan Kaisha Ltd. | 59,600 | 1,840,231 |
Toyota Boshoku Corp. | 25,800 | 411,186 |
Toyota Industries Corp. | 28,000 | 1,679,351 |
Tsumura & Co. | 56,000 | 1,377,869 |
UBE Corp. | 80,600 | 1,249,688 |
Unicharm Corp. | 62,200 | 2,164,063 |
United Urban Investment Corp., REIT | 695 | 760,424 |
USS Co. Ltd. | 58,600 | 975,576 |
Welcia Holdings Co. Ltd. | 43,700 | 895,809 |
Yamada Holdings Co. Ltd. | 428,100 | 1,278,341 |
Yamaguchi Financial Group, Inc. | 7,700 | 42,220 |
Yamaha Motor Co. Ltd. | 111,500 | 2,301,995 |
Yokohama Rubber Co. Ltd. (The) | 71,700 | 959,963 |
Zeon Corp. | 59,700 | 635,731 |
214,051,834 | ||
Jordan — 0.3% | ||
Hikma Pharmaceuticals plc | 94,349 | 2,216,297 |
Luxembourg — 0.2% | ||
RTL Group SA | 24,899 | 1,294,685 |
Mexico — 0.1% | ||
Fresnillo plc | 64,840 | 627,405 |
Netherlands — 3.1% | ||
ASML Holding NV | 1,938 | 1,099,890 |
ASR Nederland NV | 30,748 | 1,397,456 |
BE Semiconductor Industries NV (a) | 16,000 | 975,338 |
Heineken Holding NV | 26,352 | 2,057,096 |
Koninklijke Ahold Delhaize NV | 98,328 | 2,900,280 |
Koninklijke DSM NV | 7,983 | 1,342,019 |
Koninklijke KPN NV | 961,030 | 3,316,123 |
Koninklijke Philips NV | 22,072 | 576,766 |
NN Group NV | 71,428 | 3,498,658 |
Shell plc | 138,754 | 3,724,975 |
178 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
Netherlands — continued | ||
Universal Music Group NV | 4,065 | 94,334 |
Wolters Kluwer NV | 24,676 | 2,491,852 |
23,474,787 | ||
New Zealand — 0.6% | ||
Fisher & Paykel Healthcare Corp. Ltd. | 141,245 | 1,941,006 |
Spark New Zealand Ltd. | 771,515 | 2,440,065 |
4,381,071 | ||
Norway — 1.2% | ||
Aker BP ASA (a) | 14,337 | 513,679 |
Equinor ASA | 82,421 | 2,785,795 |
Mowi ASA | 40,357 | 1,139,966 |
Norsk Hydro ASA | 112,609 | 945,637 |
Orkla ASA | 208,305 | 1,690,321 |
Salmar ASA | 8,014 | 655,783 |
Telenor ASA | 72,231 | 1,018,708 |
8,749,889 | ||
Poland — 0.1% | ||
Polski Koncern Naftowy ORLEN SA | 24,711 | 417,479 |
Portugal — 0.5% | ||
EDP - Energias de Portugal SA | 296,520 | 1,381,980 |
Galp Energia SGPS SA | 7,358 | 89,559 |
Jeronimo Martins SGPS SA | 94,828 | 1,974,000 |
3,445,539 | ||
Russia — 0.0% ^ | ||
Evraz plc ‡ | 393,430 | 20,254 |
Singapore — 2.2% | ||
Ascendas, REIT | 603,542 | 1,241,775 |
CapitaLand Integrated Commercial Trust, REIT | 676,408 | 1,133,384 |
ComfortDelGro Corp. Ltd. | 191,700 | 202,501 |
DBS Group Holdings Ltd. | 106,200 | 2,576,479 |
Keppel Corp. Ltd. | 420,200 | 2,072,343 |
Mapletree Commercial Trust, REIT | 817,100 | 1,098,936 |
Mapletree Logistics Trust, REIT | 480,400 | 616,989 |
Mapletree North Asia Commercial Trust, REIT (b) | 458,500 | 395,994 |
Sembcorp Industries Ltd. | 1,405,000 | 2,975,518 |
Singapore Telecommunications Ltd. | 569,800 | 1,137,204 |
Suntec, REIT | 601,200 | 794,227 |
Venture Corp. Ltd. | 182,800 | 2,244,040 |
16,489,390 |
INVESTMENTS | SHARES | VALUE($) |
South Africa — 0.4% | ||
Anglo American plc | 63,470 | 2,811,149 |
South Korea — 7.2% | ||
CJ CheilJedang Corp. | 4,636 | 1,457,886 |
Daewoo Engineering & Construction Co. Ltd. * | 108,886 | 577,219 |
DL Holdings Co. Ltd. | 10,013 | 488,006 |
E-MART, Inc. | 5,488 | 567,889 |
GS Engineering & Construction Corp. | 59,099 | 1,946,114 |
GS Holdings Corp. | 5,052 | 174,514 |
GS Retail Co. Ltd. | 35,804 | 810,465 |
Hana Financial Group, Inc. | 71,832 | 2,666,886 |
Hanwha Corp. | 20,561 | 485,760 |
Hanwha Life Insurance Co. Ltd. * | 226,921 | 525,834 |
Hite Jinro Co. Ltd. | 27,221 | 800,938 |
Hyundai Department Store Co. Ltd. | 3,680 | 219,022 |
Hyundai Mobis Co. Ltd. | 5,208 | 847,275 |
Industrial Bank of Korea | 172,345 | 1,529,197 |
Kakao Corp. | 25,163 | 1,757,725 |
KB Financial Group, Inc. | 60,142 | 2,798,053 |
Kia Corp. | 40,977 | 2,687,693 |
Korea Electric Power Corp. * | 75,528 | 1,378,275 |
Korea Gas Corp. | 51,369 | 1,679,153 |
Korea Investment Holdings Co. Ltd. | 12,789 | 709,035 |
KT&G Corp. | 44,153 | 2,899,477 |
LG Corp. | 36,904 | 2,131,148 |
LG Innotek Co. Ltd. | 5,956 | 1,616,091 |
LG Uplus Corp. | 111,394 | 1,230,591 |
Mirae Asset Securities Co. Ltd. | 62,159 | 393,198 |
NAVER Corp. | 8,357 | 1,861,597 |
NH Investment & Securities Co. Ltd. | 68,011 | 580,453 |
NongShim Co. Ltd. | 415 | 99,176 |
Orion Corp. | 10,173 | 758,238 |
POSCO Holdings, Inc. | 8,369 | 1,910,867 |
Samsung Electronics Co. Ltd. | 49,940 | 2,661,481 |
Samsung Engineering Co. Ltd. * | 41,427 | 845,236 |
Samsung Life Insurance Co. Ltd. | 1,560 | 80,196 |
Samsung Securities Co. Ltd. | 36,668 | 1,145,210 |
SK Hynix, Inc. | 26,446 | 2,317,413 |
SK Innovation Co. Ltd. * | 13 | 2,069 |
SK Square Co. Ltd. * | 24,446 | 1,009,738 |
SK Telecom Co. Ltd. | 49,853 | 2,248,779 |
S-Oil Corp. | 13,640 | 1,115,996 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 179 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
South Korea — continued | ||
Woori Financial Group, Inc. | 272,719 | 3,159,565 |
Yuhan Corp. | 57,573 | 2,773,556 |
54,947,014 | ||
Spain — 2.0% | ||
Acciona SA | 10,682 | 2,090,973 |
Enagas SA | 102,902 | 2,225,019 |
Endesa SA | 138,126 | 2,894,769 |
Iberdrola SA | 289,637 | 3,328,161 |
Naturgy Energy Group SA | 112,653 | 3,388,863 |
Red Electrica Corp. SA | 55,059 | 1,108,572 |
15,036,357 | ||
Sweden — 4.3% | ||
Boliden AB (a) | 67,444 | 2,924,451 |
Castellum AB (a) | 121,052 | 2,397,235 |
Fastighets AB Balder, Class B * | 24,660 | 1,222,329 |
Getinge AB, Class B | 36,730 | 1,062,518 |
H & M Hennes & Mauritz AB, Class B (a) | 163,785 | 2,061,903 |
Hexagon AB, Class B * (a) | 231,925 | 2,992,512 |
Husqvarna AB, Class B (a) | 60,387 | 577,246 |
Investor AB, Class B | 169,783 | 3,267,118 |
Kinnevik AB, Class B * (a) | 63,359 | 1,240,092 |
Sagax AB, Class B | 38,522 | 984,023 |
Samhallsbyggnadsbolaget i Norden AB (a) | 108,671 | 341,354 |
Securitas AB, Class B (a) | 170,775 | 2,016,307 |
Skanska AB, Class B | 128,959 | 2,463,399 |
Swedish Match AB | 368,155 | 2,932,274 |
Tele2 AB, Class B (a) | 156,013 | 2,067,842 |
Telia Co. AB | 716,369 | 2,973,371 |
Trelleborg AB, Class B | 70,219 | 1,540,154 |
33,064,128 | ||
Switzerland — 2.0% | ||
EMS-Chemie Holding AG (Registered) | 406 | 362,203 |
Kuehne + Nagel International AG (Registered) | 3,670 | 1,026,669 |
Logitech International SA (Registered) | 26,916 | 1,751,656 |
Novartis AG (Registered) | 30,104 | 2,660,270 |
Roche Holding AG | 8,258 | 3,062,182 |
Sonova Holding AG (Registered) | 8,731 | 3,148,627 |
Swiss Prime Site AG (Registered) | 4,478 | 437,700 |
Swisscom AG (Registered) | 5,199 | 3,074,173 |
15,523,480 | ||
United Kingdom — 15.9% | ||
3i Group plc | 202,917 | 3,320,786 |
INVESTMENTS | SHARES | VALUE($) |
United Kingdom — continued | ||
abrdn plc | 457,584 | 1,074,466 |
Admiral Group plc | 86,643 | 2,727,286 |
Ashtead Group plc | 42,977 | 2,222,223 |
Associated British Foods plc | 106,814 | 2,137,428 |
AstraZeneca plc | 29,209 | 3,897,685 |
Auto Trader Group plc (b) | 364,794 | 2,879,013 |
AVEVA Group plc | 52,521 | 1,411,558 |
Aviva plc | 517,824 | 2,778,192 |
B&M European Value Retail SA | 314,705 | 1,928,225 |
BAE Systems plc | 97,650 | 901,960 |
Barratt Developments plc | 61,084 | 373,715 |
Bellway plc | 24,820 | 753,840 |
Berkeley Group Holdings plc * | 31,745 | 1,609,995 |
BP plc | 359,330 | 1,734,772 |
British American Tobacco plc | 79,858 | 3,347,036 |
British Land Co. plc (The), REIT | 250,948 | 1,616,460 |
BT Group plc | 1,423,559 | 3,156,866 |
Centrica plc * | 3,235,821 | 3,206,019 |
CK Hutchison Holdings Ltd. | 106,042 | 744,195 |
ConvaTec Group plc (b) | 918,102 | 2,428,646 |
Croda International plc | 26,433 | 2,567,346 |
Dechra Pharmaceuticals plc | 21,786 | 987,240 |
Deliveroo plc * (b) | 412,589 | 570,224 |
Derwent London plc, REIT | 55,534 | 2,107,068 |
Diageo plc | 70,407 | 3,512,523 |
Direct Line Insurance Group plc | 560,770 | 1,779,816 |
Halma plc | 48,882 | 1,500,460 |
IMI plc | 89,652 | 1,509,267 |
Imperial Brands plc | 156,613 | 3,259,982 |
InterContinental Hotels Group plc | 17,861 | 1,140,242 |
Intertek Group plc | 19,584 | 1,220,376 |
J Sainsbury plc | 724,464 | 2,113,809 |
Land Securities Group plc, REIT | 235,058 | 2,204,508 |
Legal & General Group plc | 980,006 | 3,054,773 |
M&G plc | 347,035 | 921,359 |
National Grid plc | 62,562 | 929,482 |
Next plc | 29,379 | 2,200,508 |
Pearson plc | 304,339 | 2,955,072 |
Pennon Group plc | 134,565 | 1,869,949 |
Persimmon plc | 43,992 | 1,145,740 |
Phoenix Group Holdings plc | 183,337 | 1,388,668 |
Reckitt Benckiser Group plc | 37,401 | 2,916,739 |
Rentokil Initial plc | 109,509 | 752,138 |
Rightmove plc | 218,064 | 1,676,279 |
180 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United Kingdom — continued | ||
Sage Group plc (The) | 267,359 | 2,453,445 |
Segro plc, REIT | 190,153 | 3,183,560 |
Severn Trent plc | 52,682 | 2,070,484 |
Smith & Nephew plc | 70,732 | 1,146,464 |
Smiths Group plc | 59,140 | 1,082,221 |
Spirax-Sarco Engineering plc | 13,470 | 2,032,563 |
SSE plc | 150,039 | 3,484,779 |
St James's Place plc | 57,029 | 916,433 |
Tate & Lyle plc | 292,480 | 2,842,790 |
Taylor Wimpey plc | 229,669 | 361,213 |
Tesco plc | 872,028 | 2,962,558 |
Unilever plc | 24,758 | 1,149,120 |
Unilever plc | 48,043 | 2,233,525 |
United Utilities Group plc | 226,003 | 3,247,757 |
Vodafone Group plc | 1,505,171 | 2,278,768 |
WPP plc | 88,985 | 1,109,186 |
121,088,800 | ||
United States — 1.3% | ||
Avast plc (b) | 304,119 | 2,156,817 |
Ferguson plc | 21,545 | 2,702,803 |
GlaxoSmithKline plc | 164,302 | 3,703,790 |
Schneider Electric SE | 7,435 | 1,066,693 |
Sims Ltd. | 43,645 | 631,059 |
10,261,162 | ||
Total Common Stocks (Cost $785,633,889) | 753,764,064 | |
Short-Term Investments — 2.2% | ||
Investment Companies — 0.0% ^ | ||
JPMorgan Prime Money Market Fund Class IM Shares, 0.42% (c) (d)(Cost $268,189) | 268,109 | 268,189 |
Investment of Cash Collateral from Securities Loaned — 2.2% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (c) (d) | 12,263,027 | 12,254,444 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 4,448,380 | 4,448,380 |
Total Investment of Cash Collateral from Securities Loaned (Cost $16,701,972) | 16,702,824 | |
Total Short-Term Investments (Cost $16,970,161) | 16,971,013 |
INVESTMENTS | SHARES | VALUE($) |
Total Investments — 101.3% (Cost $802,604,050) | 770,735,077 | |
Liabilities in Excess of Other Assets — (1.3)% | (9,664,536) | |
NET ASSETS — 100.0% | 761,070,541 | |
Percentages indicated are based on net assets. |
Abbreviations | |
OYJ | Public Limited Company |
REIT | Real Estate Investment Trust |
SGPS | Holding company |
^ | Amount rounds to less than 0.1% of net assets. | |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $13,303,812. | |
(b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 181 |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Pharmaceuticals | 6.0% |
Electric Utilities | 5.5 |
Equity Real Estate Investment Trusts (REITs) | 5.1 |
Diversified Telecommunication Services | 4.9 |
Oil, Gas & Consumable Fuels | 4.6 |
Metals & Mining | 4.3 |
Food Products | 4.1 |
Food & Staples Retailing | 3.9 |
Chemicals | 3.7 |
Insurance | 3.2 |
Gas Utilities | 2.8 |
Banks | 2.6 |
Real Estate Management & Development | 2.5 |
Beverages | 2.5 |
Trading Companies & Distributors | 2.1 |
Health Care Equipment & Supplies | 2.1 |
Construction & Engineering | 2.1 |
Tobacco | 2.0 |
Wireless Telecommunication Services | 1.9 |
Electronic Equipment, Instruments & Components | 1.8 |
Household Durables | 1.6 |
Capital Markets | 1.6 |
Health Care Providers & Services | 1.6 |
Diversified Financial Services | 1.5 |
Multi-Utilities | 1.5 |
Technology Hardware, Storage & Peripherals | 1.4 |
Machinery | 1.4 |
IT Services | 1.4 |
Semiconductors & Semiconductor Equipment | 1.3 |
Media | 1.2 |
Specialty Retail | 1.2 |
Software | 1.2 |
Automobiles | 1.1 |
Interactive Media & Services | 1.1 |
Multiline Retail | 1.1 |
Others (each less than 1.0%) | 9.9 |
Short-Term Investments | 2.2 |
182 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
MSCI EAFE E-Mini Index | 62 | 06/17/2022 | USD | 6,185,120 | (196,403) |
Abbreviations | |
EAFE | Europe, Australasia, and Far East |
MSCI | Morgan Stanley Capital International |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 183 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.9% | ||
Aerospace & Defense — 0.4% | ||
L3Harris Technologies, Inc. | 1,655 | 384,390 |
Lockheed Martin Corp. | 3,718 | 1,606,622 |
1,991,012 | ||
Automobiles & Parts — 0.6% | ||
Ford Motor Co. | 123,874 | 1,754,056 |
Gentex Corp. | 61,258 | 1,797,922 |
3,551,978 | ||
Banks — 1.9% | ||
Bank of America Corp. | 41,191 | 1,469,695 |
Bank of Hawaii Corp. | 3,632 | 270,003 |
Citizens Financial Group, Inc. | 9,476 | 373,354 |
Discover Financial Services | 9,579 | 1,077,254 |
Fifth Third Bancorp | 44,434 | 1,667,608 |
Huntington Bancshares, Inc. | 114,740 | 1,508,831 |
KeyCorp | 20,471 | 395,295 |
Popular, Inc. (Puerto Rico) | 13,898 | 1,083,905 |
Regions Financial Corp. | 24,551 | 508,697 |
Truist Financial Corp. | 30,215 | 1,460,895 |
US Bancorp | 14,180 | 688,581 |
10,504,118 | ||
Beverages — 2.6% | ||
Brown-Forman Corp., Class B | 24,318 | 1,640,006 |
Coca-Cola Co. (The) | 36,723 | 2,372,673 |
Constellation Brands, Inc., Class A | 8,238 | 2,027,289 |
Keurig Dr Pepper, Inc. | 58,366 | 2,182,888 |
Molson Coors Beverage Co., Class B | 38,623 | 2,091,049 |
Monster Beverage Corp. * | 21,436 | 1,836,637 |
PepsiCo, Inc. | 13,867 | 2,381,103 |
14,531,645 | ||
Chemicals — 4.8% | ||
Ashland Global Holdings, Inc. | 17,785 | 1,866,891 |
Celanese Corp. | 13,242 | 1,945,779 |
CF Industries Holdings, Inc. | 25,131 | 2,433,435 |
Chemours Co. (The) | 60,847 | 2,012,210 |
Dow, Inc. | 35,213 | 2,341,664 |
Eastman Chemical Co. | 18,001 | 1,848,163 |
Element Solutions, Inc. | 76,924 | 1,586,173 |
Huntsman Corp. | 59,857 | 2,027,357 |
LyondellBasell Industries NV, Class A | 20,095 | 2,130,673 |
Mosaic Co. (The) | 38,337 | 2,392,996 |
NewMarket Corp. | 1,748 | 567,418 |
INVESTMENTS | SHARES | VALUE ($) |
Chemicals — continued | ||
Olin Corp. | 48,126 | 2,762,432 |
Westlake Corp. | 20,494 | 2,593,516 |
26,508,707 | ||
Construction & Materials — 1.7% | ||
A O Smith Corp. | 27,549 | 1,609,688 |
Carrier Global Corp. | 9,075 | 347,300 |
Eagle Materials, Inc. | 4,512 | 556,420 |
Fortune Brands Home & Security, Inc. | 11,133 | 793,226 |
Louisiana-Pacific Corp. | 14,703 | 948,638 |
Masco Corp. | 27,132 | 1,429,585 |
Quanta Services, Inc. | 20,576 | 2,386,405 |
Trane Technologies plc | 9,551 | 1,336,089 |
9,407,351 | ||
Consumer Services — 0.3% | ||
eBay, Inc. | 30,240 | 1,570,061 |
H&R Block, Inc. | 12,301 | 320,687 |
1,890,748 | ||
Electricity — 8.0% | ||
AES Corp. (The) | 407 | 8,311 |
Alliant Energy Corp. | 28,334 | 1,666,323 |
American Electric Power Co., Inc. | 19,792 | 1,961,585 |
Avangrid, Inc. (a) | 32,867 | 1,457,651 |
Brookfield Renewable Corp. | 1,500 | 53,850 |
CMS Energy Corp. | 27,130 | 1,863,560 |
Consolidated Edison, Inc. | 25,565 | 2,370,898 |
Constellation Energy Corp. | 13,149 | 778,552 |
Dominion Energy, Inc. | 24,996 | 2,040,673 |
DTE Energy Co. | 17,897 | 2,345,223 |
Entergy Corp. | 13,743 | 1,633,356 |
Evergy, Inc. | 35,074 | 2,379,771 |
Eversource Energy | 1,404 | 122,710 |
Exelon Corp. | 51,876 | 2,426,759 |
FirstEnergy Corp. | 53,599 | 2,321,373 |
Hawaiian Electric Industries, Inc. | 27,673 | 1,137,637 |
IDACORP, Inc. | 16,047 | 1,687,823 |
NextEra Energy, Inc. | 26,256 | 1,864,701 |
NRG Energy, Inc. | 61,225 | 2,197,977 |
OGE Energy Corp. | 46,586 | 1,801,946 |
Pinnacle West Capital Corp. | 22,095 | 1,573,164 |
PPL Corp. | 80,239 | 2,271,566 |
Public Service Enterprise Group, Inc. | 32,719 | 2,279,206 |
Southern Co. (The) | 33,979 | 2,493,719 |
184 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Electricity — continued | ||
Vistra Corp. | 101,880 | 2,549,038 |
Xcel Energy, Inc. | 17,169 | 1,257,801 |
44,545,173 | ||
Electronic & Electrical Equipment — 0.9% | ||
AMETEK, Inc. | 8,688 | 1,096,947 |
Emerson Electric Co. | 8,199 | 739,386 |
Hubbell, Inc. | 5,063 | 989,108 |
IDEX Corp. | 4,209 | 798,952 |
Rockwell Automation, Inc. | 5,822 | 1,471,045 |
5,095,438 | ||
Finance & Credit Services — 0.6% | ||
Ally Financial, Inc. | 45,615 | 1,822,775 |
FactSet Research Systems, Inc. | 1,263 | 509,608 |
Moody's Corp. | 974 | 308,252 |
OneMain Holdings, Inc. | 13,245 | 608,343 |
3,248,978 | ||
Food Producers — 7.2% | ||
Archer-Daniels-Midland Co. | 27,741 | 2,484,484 |
Bunge Ltd. | 21,210 | 2,399,275 |
Campbell Soup Co. (a) | 41,355 | 1,952,783 |
Conagra Brands, Inc. | 55,882 | 1,951,958 |
Corteva, Inc. | 44,597 | 2,572,801 |
Darling Ingredients, Inc. * | 25,472 | 1,869,390 |
Flowers Foods, Inc. | 64,959 | 1,722,713 |
General Mills, Inc. | 31,949 | 2,259,753 |
Hain Celestial Group, Inc. (The) * | 39,071 | 1,310,441 |
Herbalife Nutrition Ltd. * | 25,175 | 669,152 |
Hershey Co. (The) | 10,792 | 2,436,510 |
Hormel Foods Corp. | 34,317 | 1,797,868 |
Ingredion, Inc. | 19,346 | 1,646,538 |
J M Smucker Co. (The) | 17,177 | 2,352,047 |
Kellogg Co. | 26,954 | 1,846,349 |
Kraft Heinz Co. (The) | 57,650 | 2,457,619 |
McCormick & Co., Inc. (Non-Voting) | 16,457 | 1,655,080 |
Mondelez International, Inc., Class A | 35,063 | 2,260,862 |
Pilgrim's Pride Corp. * | 6,183 | 175,288 |
Post Holdings, Inc. * | 25,157 | 1,871,429 |
Tyson Foods, Inc., Class A | 24,587 | 2,290,525 |
39,982,865 | ||
Gas, Water & Multi-utilities — 3.5% | ||
Ameren Corp. | 23,252 | 2,160,111 |
American Water Works Co., Inc. | 11,843 | 1,824,770 |
INVESTMENTS | SHARES | VALUE ($) |
Gas, Water & Multi-utilities — continued | ||
CenterPoint Energy, Inc. | 72,302 | 2,213,164 |
Duke Energy Corp. | 21,826 | 2,404,352 |
Essential Utilities, Inc. | 24,379 | 1,091,204 |
National Fuel Gas Co. | 31,223 | 2,189,669 |
NiSource, Inc. | 74,452 | 2,168,042 |
Sempra Energy | 12,687 | 2,047,174 |
UGI Corp. | 43,421 | 1,489,340 |
WEC Energy Group, Inc. | 19,239 | 1,924,862 |
19,512,688 | ||
General Industrials — 2.6% | ||
Carlisle Cos., Inc. | 2,490 | 645,806 |
Eaton Corp. plc | 14,252 | 2,066,825 |
Honeywell International, Inc. | 5,295 | 1,024,635 |
Illinois Tool Works, Inc. | 8,165 | 1,609,403 |
ITT, Inc. | 21,254 | 1,492,456 |
Packaging Corp. of America | 8,545 | 1,377,198 |
Parker-Hannifin Corp. | 3,778 | 1,023,158 |
PPG Industries, Inc. | 13,166 | 1,685,116 |
RPM International, Inc. | 22,240 | 1,843,696 |
Sherwin-Williams Co. (The) | 6,588 | 1,811,437 |
Sonoco Products Co. | 1,455 | 90,079 |
14,669,809 | ||
Health Care Providers — 3.0% | ||
Anthem, Inc. | 4,815 | 2,416,793 |
Cerner Corp. | 18,534 | 1,735,524 |
Chemed Corp. | 1,725 | 847,648 |
Cigna Corp. | 8,501 | 2,097,877 |
DaVita, Inc. * | 15,004 | 1,625,983 |
HCA Healthcare, Inc. | 8,661 | 1,858,217 |
Humana, Inc. | 760 | 337,866 |
IQVIA Holdings, Inc. * | 4,150 | 904,658 |
Molina Healthcare, Inc. * | 2,719 | 852,270 |
UnitedHealth Group, Inc. | 4,607 | 2,342,890 |
Universal Health Services, Inc., Class B | 11,288 | 1,383,119 |
16,402,845 | ||
Household Goods & Home Construction — 0.9% | ||
Leggett & Platt, Inc. | 17,839 | 635,604 |
Lennar Corp., Class A | 20,835 | 1,593,669 |
NVR, Inc. * | 178 | 778,965 |
PulteGroup, Inc. | 1,337 | 55,833 |
Toll Brothers, Inc. | 5,690 | 263,845 |
Whirlpool Corp. | 9,178 | 1,665,991 |
4,993,907 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 185 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Industrial Engineering — 0.5% | ||
Caterpillar, Inc. | 5,017 | 1,056,279 |
Cummins, Inc. | 8,126 | 1,537,358 |
Otis Worldwide Corp. | 4,663 | 339,653 |
2,933,290 | ||
Industrial Materials — 0.7% | ||
Avery Dennison Corp. | 10,034 | 1,812,140 |
International Paper Co. | 39,234 | 1,815,750 |
Sylvamo Corp. * | 4,346 | 194,049 |
3,821,939 | ||
Industrial Metals & Mining — 2.9% | ||
Alcoa Corp. | 6,030 | 408,834 |
Fastenal Co. | 36,978 | 2,045,253 |
Freeport-McMoRan, Inc. | 45,282 | 1,836,185 |
Nucor Corp. | 16,541 | 2,560,216 |
Reliance Steel & Aluminum Co. | 12,157 | 2,410,125 |
Southern Copper Corp. (Peru) | 26,070 | 1,623,379 |
Steel Dynamics, Inc. | 29,650 | 2,542,488 |
Timken Co. (The) | 12,120 | 698,597 |
United States Steel Corp. (a) | 73,015 | 2,226,227 |
16,351,304 | ||
Industrial Support Services — 2.3% | ||
Accenture plc, Class A | 6,618 | 1,987,783 |
Booz Allen Hamilton Holding Corp. | 13,609 | 1,110,903 |
Capital One Financial Corp. | 15,991 | 1,992,798 |
MSC Industrial Direct Co., Inc., Class A | 8,715 | 722,125 |
Robert Half International, Inc. | 19,394 | 1,906,624 |
Synchrony Financial | 53,403 | 1,965,764 |
Western Union Co. (The) | 66,750 | 1,118,730 |
WW Grainger, Inc. | 4,191 | 2,095,626 |
12,900,353 | ||
Industrial Transportation — 0.8% | ||
CSX Corp. | 24,665 | 846,996 |
Norfolk Southern Corp. | 4,420 | 1,139,830 |
PACCAR, Inc. | 2,329 | 193,424 |
Ryder System, Inc. | 6,376 | 445,682 |
Schneider National, Inc., Class B | 9,207 | 217,561 |
Union Pacific Corp. | 7,198 | 1,686,419 |
4,529,912 | ||
Investment Banking & Brokerage Services — 1.7% | ||
Ameriprise Financial, Inc. | 3,339 | 886,471 |
BlackRock, Inc. | 1,535 | 958,884 |
Broadridge Financial Solutions, Inc. | 1,246 | 179,586 |
INVESTMENTS | SHARES | VALUE ($) |
Investment Banking & Brokerage Services — continued | ||
Jefferies Financial Group, Inc. | 26,344 | 810,342 |
Morgan Stanley | 23,327 | 1,879,923 |
Nasdaq, Inc. | 3,844 | 604,930 |
Raymond James Financial, Inc. | 7,281 | 709,606 |
State Street Corp. | 25,192 | 1,687,108 |
Virtu Financial, Inc., Class A | 55,687 | 1,608,241 |
9,325,091 | ||
Leisure Goods — 1.0% | ||
Activision Blizzard, Inc. | 16,961 | 1,282,252 |
Electronic Arts, Inc. | 7,022 | 828,947 |
Garmin Ltd. | 13,248 | 1,453,835 |
Harley-Davidson, Inc. | 5,239 | 190,962 |
Pool Corp. | 1,617 | 655,241 |
Take-Two Interactive Software, Inc. * | 7,503 | 896,683 |
5,307,920 | ||
Life Insurance — 0.6% | ||
Aflac, Inc. | 22,872 | 1,310,108 |
Globe Life, Inc. | 5,396 | 529,240 |
MetLife, Inc. | 8,855 | 581,596 |
Principal Financial Group, Inc. | 8,479 | 577,759 |
Prudential Financial, Inc. | 4,569 | 495,782 |
3,494,485 | ||
Media — 0.5% | ||
Interpublic Group of Cos., Inc. (The) | 53,903 | 1,758,316 |
Nexstar Media Group, Inc., Class A | 6,770 | 1,072,503 |
2,830,819 | ||
Medical Equipment & Services — 4.5% | ||
Abbott Laboratories | 18,151 | 2,060,138 |
Becton Dickinson and Co. | 5,431 | 1,342,489 |
Bio-Rad Laboratories, Inc., Class A * | 3,031 | 1,552,054 |
Bio-Techne Corp. | 4,865 | 1,847,192 |
Danaher Corp. | 7,641 | 1,918,884 |
Embecta Corp. * | 1,086 | 33,047 |
IDEXX Laboratories, Inc. * | 3,643 | 1,568,239 |
Laboratory Corp. of America Holdings * | 7,752 | 1,862,651 |
Medtronic plc | 17,544 | 1,830,892 |
PerkinElmer, Inc. | 11,972 | 1,755,215 |
Quest Diagnostics, Inc. | 12,997 | 1,739,518 |
Quidel Corp. * | 9,215 | 927,213 |
STERIS plc | 7,469 | 1,673,429 |
Stryker Corp. | 5,022 | 1,211,608 |
186 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Medical Equipment & Services — continued | ||
Thermo Fisher Scientific, Inc. | 3,734 | 2,064,603 |
West Pharmaceutical Services, Inc. | 5,294 | 1,667,928 |
25,055,100 | ||
Mortgage Real Estate Investment Trusts — 0.3% | ||
Starwood Property Trust, Inc. | 64,520 | 1,476,218 |
Non-life Insurance — 2.6% | ||
Allstate Corp. (The) | 6,296 | 796,696 |
Aon plc, Class A | 6,854 | 1,973,883 |
Assurant, Inc. | 6,206 | 1,128,747 |
Chubb Ltd. | 5,911 | 1,220,326 |
Fidelity National Financial, Inc. | 32,405 | 1,290,367 |
Hanover Insurance Group, Inc. (The) | 3,268 | 479,808 |
Hartford Financial Services Group, Inc. (The) | 27,471 | 1,921,047 |
Marsh & McLennan Cos., Inc. | 10,331 | 1,670,523 |
Old Republic International Corp. | 15,489 | 340,913 |
Progressive Corp. (The) | 21,399 | 2,297,396 |
W R Berkley Corp. | 19,628 | 1,305,066 |
14,424,772 | ||
Non-Renewable Energy — 4.9% | ||
Antero Midstream Corp. | 172,903 | 1,775,714 |
Baker Hughes Co. | 64,174 | 1,990,677 |
Chevron Corp. | 8,991 | 1,408,620 |
Continental Resources, Inc. (a) | 22,795 | 1,266,718 |
Coterra Energy, Inc. | 87,933 | 2,531,591 |
Devon Energy Corp. | 38,536 | 2,241,639 |
DT Midstream, Inc. | 7,367 | 395,976 |
EOG Resources, Inc. | 19,529 | 2,280,206 |
Halliburton Co. | 67,184 | 2,393,094 |
HF Sinclair Corp. * | 12,679 | 482,056 |
Marathon Oil Corp. | 96,341 | 2,400,818 |
Pioneer Natural Resources Co. | 9,517 | 2,212,417 |
Targa Resources Corp. | 33,017 | 2,423,778 |
Texas Pacific Land Corp. | 653 | 892,390 |
Williams Cos., Inc. (The) | 68,661 | 2,354,386 |
27,050,080 | ||
Personal Care, Drug & Grocery Stores — 4.9% | ||
Albertsons Cos., Inc., Class A | 53,623 | 1,677,327 |
AmerisourceBergen Corp. | 14,785 | 2,236,823 |
Casey's General Stores, Inc. | 8,935 | 1,798,615 |
Church & Dwight Co., Inc. | 18,551 | 1,809,836 |
Clorox Co. (The) | 11,758 | 1,686,920 |
Colgate-Palmolive Co. | 22,513 | 1,734,627 |
CVS Health Corp. | 21,574 | 2,073,909 |
INVESTMENTS | SHARES | VALUE ($) |
Personal Care, Drug & Grocery Stores — continued | ||
Kimberly-Clark Corp. | 13,183 | 1,830,196 |
Kroger Co. (The) | 38,975 | 2,103,091 |
McKesson Corp. | 8,141 | 2,520,535 |
Olaplex Holdings, Inc. * (a) | 21,647 | 318,211 |
Procter & Gamble Co. (The) | 14,815 | 2,378,548 |
Spectrum Brands Holdings, Inc. | 19,273 | 1,639,554 |
Sysco Corp. (a) | 18,542 | 1,584,970 |
Walgreens Boots Alliance, Inc. | 47,554 | 2,016,290 |
27,409,452 | ||
Personal Goods — 0.7% | ||
Carter's, Inc. | 2,943 | 247,918 |
Estee Lauder Cos., Inc. (The), Class A | 7,229 | 1,908,890 |
NIKE, Inc., Class B | 14,538 | 1,812,889 |
3,969,697 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 4.0% | ||
AbbVie, Inc. | 15,236 | 2,237,864 |
Amgen, Inc. | 8,375 | 1,952,966 |
Bristol-Myers Squibb Co. | 29,692 | 2,234,917 |
Eli Lilly & Co. | 8,725 | 2,548,834 |
Gilead Sciences, Inc. | 27,515 | 1,632,740 |
Johnson & Johnson | 13,556 | 2,446,316 |
Moderna, Inc. * | 8,208 | 1,103,237 |
Pfizer, Inc. | 42,208 | 2,071,146 |
Regeneron Pharmaceuticals, Inc. * | 2,744 | 1,808,598 |
United Therapeutics Corp. * | 10,528 | 1,869,352 |
Vertex Pharmaceuticals, Inc. * | 2,469 | 674,580 |
Zoetis, Inc. | 10,223 | 1,812,027 |
22,392,577 | ||
Precious Metals & Mining — 0.4% | ||
Newmont Corp. | 28,378 | 2,067,337 |
Royal Gold, Inc. | 130 | 16,963 |
2,084,300 | ||
Real Estate Investment & Services — 0.7% | ||
CBRE Group, Inc., Class A * | 21,719 | 1,803,546 |
Jones Lang LaSalle, Inc. * | 10,164 | 2,223,171 |
4,026,717 | ||
Real Estate Investment Trusts — 7.6% | ||
Alexandria Real Estate Equities, Inc. | 5,107 | 930,291 |
American Homes 4 Rent, Class A | 17,815 | 705,652 |
American Tower Corp. | 5,036 | 1,213,777 |
Brixmor Property Group, Inc. | 30,146 | 765,105 |
Camden Property Trust | 1,599 | 250,867 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 187 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Real Estate Investment Trusts — continued | ||
Crown Castle International Corp. | 9,883 | 1,830,430 |
CubeSmart | 18,791 | 892,760 |
Digital Realty Trust, Inc. | 11,725 | 1,713,257 |
Duke Realty Corp. | 21,624 | 1,183,914 |
Extra Space Storage, Inc. | 10,668 | 2,026,920 |
First Industrial Realty Trust, Inc. | 10,951 | 635,158 |
Gaming and Leisure Properties, Inc. | 26,697 | 1,184,813 |
Healthpeak Properties, Inc. | 47,063 | 1,544,137 |
Iron Mountain, Inc. | 44,067 | 2,367,720 |
Kimco Realty Corp. | 76,785 | 1,944,964 |
Lamar Advertising Co., Class A | 15,799 | 1,744,368 |
Life Storage, Inc. | 12,206 | 1,617,173 |
Medical Properties Trust, Inc. | 80,705 | 1,484,165 |
Mid-America Apartment Communities, Inc. | 7,450 | 1,465,266 |
Omega Healthcare Investors, Inc. (a) | 20,872 | 531,819 |
Prologis, Inc. | 14,700 | 2,356,263 |
Public Storage | 6,017 | 2,235,316 |
Simon Property Group, Inc. | 15,452 | 1,823,336 |
Spirit Realty Capital, Inc. (a) | 18,738 | 814,166 |
Ventas, Inc. | 27,604 | 1,533,402 |
VICI Properties, Inc. | 66,342 | 1,977,655 |
Welltower, Inc. | 22,076 | 2,004,722 |
Weyerhaeuser Co. | 44,991 | 1,854,529 |
WP Carey, Inc. | 18,766 | 1,515,730 |
42,147,675 | ||
Renewable Energy — 0.2% | ||
Enphase Energy, Inc. * | 4,791 | 773,267 |
First Solar, Inc. * | 1,857 | 135,617 |
908,884 | ||
Retailers — 2.9% | ||
Best Buy Co., Inc. | 16,728 | 1,504,349 |
Dick's Sporting Goods, Inc. (a) | 17,467 | 1,684,168 |
Foot Locker, Inc. | 27,161 | 796,089 |
Kohl's Corp. | 30,495 | 1,765,051 |
Lowe's Cos., Inc. | 9,416 | 1,861,826 |
O'Reilly Automotive, Inc. * | 2,526 | 1,532,145 |
Penske Automotive Group, Inc. | 8,622 | 903,758 |
Qurate Retail, Inc., Series A | 94,815 | 399,171 |
Target Corp. | 8,371 | 1,914,029 |
Tractor Supply Co. | 9,393 | 1,892,220 |
Williams-Sonoma, Inc. (a) | 12,285 | 1,602,947 |
15,855,753 |
INVESTMENTS | SHARES | VALUE ($) |
Software & Computer Services — 4.0% | ||
Alphabet, Inc., Class A * | 863 | 1,969,530 |
Cadence Design Systems, Inc. * | 12,862 | 1,940,233 |
Cognizant Technology Solutions Corp., Class A | 16,142 | 1,305,888 |
Dolby Laboratories, Inc., Class A | 5,213 | 403,851 |
Gartner, Inc. * | 4,019 | 1,167,720 |
Hewlett Packard Enterprise Co. | 103,646 | 1,597,185 |
InterActiveCorp. * | 7,790 | 645,635 |
International Business Machines Corp. | 13,442 | 1,777,167 |
Intuit, Inc. | 3,738 | 1,565,287 |
Kyndryl Holdings, Inc. * | 1,838 | 21,854 |
Leidos Holdings, Inc. | 362 | 37,471 |
Meta Platforms, Inc., Class A * | 8,247 | 1,653,276 |
Microsoft Corp. | 7,915 | 2,196,571 |
NortonLifeLock, Inc. | 58,305 | 1,459,957 |
Oracle Corp. | 24,279 | 1,782,079 |
Roper Technologies, Inc. | 2,865 | 1,346,321 |
SS&C Technologies Holdings, Inc. | 15,656 | 1,012,317 |
Vimeo, Inc. * | 12,854 | 130,982 |
22,013,324 | ||
Technology Hardware & Equipment — 4.7% | ||
Amphenol Corp., Class A | 21,485 | 1,536,178 |
Analog Devices, Inc. | 13,280 | 2,050,166 |
Apple, Inc. | 14,062 | 2,216,874 |
Applied Materials, Inc. | 17,047 | 1,881,136 |
Broadcom, Inc. | 3,851 | 2,134,956 |
Cirrus Logic, Inc. * | 535 | 40,553 |
Concentrix Corp. | 2,888 | 454,802 |
HP, Inc. | 46,531 | 1,704,431 |
Intel Corp. | 31,477 | 1,372,082 |
KLA Corp. | 6,055 | 1,933,119 |
Lam Research Corp. | 3,751 | 1,747,066 |
NetApp, Inc. | 21,183 | 1,551,655 |
NVIDIA Corp. | 8,649 | 1,604,130 |
Skyworks Solutions, Inc. | 11,526 | 1,305,896 |
TD SYNNEX Corp. | 8,195 | 820,238 |
Teradyne, Inc. | 16,271 | 1,715,940 |
Texas Instruments, Inc. | 11,558 | 1,967,749 |
Xerox Holdings Corp. | 16,571 | 288,335 |
26,325,306 | ||
Telecommunications Equipment — 2.5% | ||
Arista Networks, Inc. * | 19,349 | 2,236,164 |
Ciena Corp. * | 34,415 | 1,898,676 |
Cisco Systems, Inc. | 40,156 | 1,966,841 |
188 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Telecommunications Equipment — continued | ||
Juniper Networks, Inc. | 66,447 | 2,094,410 |
Lumentum Holdings, Inc. * | 24,315 | 1,974,621 |
Motorola Solutions, Inc. | 9,283 | 1,983,684 |
Ubiquiti, Inc. (a) | 5,437 | 1,534,593 |
Viasat, Inc. * | 7,441 | 273,903 |
13,962,892 | ||
Telecommunications Service Providers — 2.9% | ||
Altice USA, Inc., Class A * | 152,307 | 1,413,409 |
AT&T, Inc. | 74,663 | 1,408,144 |
Cable One, Inc. | 750 | 874,650 |
Charter Communications, Inc., Class A * | 3,097 | 1,327,034 |
Comcast Corp., Class A | 43,880 | 1,744,669 |
DISH Network Corp., Class A * | 59,106 | 1,685,112 |
Liberty Broadband Corp., Class C * | 12,528 | 1,400,881 |
Lumen Technologies, Inc. | 214,891 | 2,161,803 |
T-Mobile US, Inc. * | 15,654 | 1,927,634 |
Verizon Communications, Inc. | 41,178 | 1,906,541 |
15,849,877 | ||
Tobacco — 0.8% | ||
Altria Group, Inc. | 42,952 | 2,386,843 |
Philip Morris International, Inc. | 23,033 | 2,303,300 |
4,690,143 | ||
Travel & Leisure — 0.1% | ||
Travel + Leisure Co. | 9,639 | 534,772 |
Waste & Disposal Services — 1.2% | ||
Clean Harbors, Inc. * | 13,305 | 1,396,094 |
Republic Services, Inc. | 17,668 | 2,372,282 |
Stericycle, Inc. * | 9,279 | 465,713 |
Waste Management, Inc. | 14,553 | 2,393,095 |
6,627,184 | ||
Total Common Stocks (Cost $473,370,734) | 555,137,098 |
INVESTMENTS | SHARES | VALUE ($) |
Short-Term Investments — 2.3% | ||
Investment Companies — 0.2% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $1,137,701) | 1,137,701 | 1,137,701 |
Investment of Cash Collateral from Securities Loaned — 2.1% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (b) (c) | 9,706,181 | 9,699,387 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 1,933,516 | 1,933,516 |
Total Investment of Cash Collateral from Securities Loaned (Cost $11,632,413) | 11,632,903 | |
Total Short-Term Investments (Cost $12,770,114) | 12,770,604 | |
Total Investments — 102.2% (Cost $486,140,848) | 567,907,702 | |
Liabilities in Excess of Other Assets — (2.2)% | (12,117,837) | |
NET ASSETS — 100.0% | 555,789,865 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $10,915,468. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 189 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
S&P 500 E-Mini Index | 2 | 06/17/2022 | USD | 413,075 | (6,194) |
Abbreviations | |
USD | United States Dollar |
190 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 0.1% | ||
Textron, Inc. | 4,256 | 294,728 |
Automobiles & Parts — 0.6% | ||
BorgWarner, Inc. | 9,929 | 365,685 |
Gentex Corp. | 28,536 | 837,532 |
LKQ Corp. | 3,038 | 150,776 |
1,353,993 | ||
Banks — 2.2% | ||
Bank of Hawaii Corp. | 2,397 | 178,193 |
Citizens Financial Group, Inc. | 6,544 | 257,834 |
Comerica, Inc. | 3,073 | 251,679 |
Discover Financial Services | 5,620 | 632,025 |
Fifth Third Bancorp | 11,253 | 422,325 |
First Horizon Corp. | 10,191 | 228,074 |
First Republic Bank | 921 | 137,432 |
FNB Corp. | 12,638 | 145,590 |
Huntington Bancshares, Inc. | 60,064 | 789,841 |
KeyCorp | 14,130 | 272,850 |
M&T Bank Corp. | 3,837 | 639,398 |
Popular, Inc. (Puerto Rico) | 8,720 | 680,073 |
Prosperity Bancshares, Inc. | 2,217 | 144,947 |
Regions Financial Corp. | 17,817 | 369,168 |
Zions Bancorp NA | 4,462 | 252,148 |
5,401,577 | ||
Beverages — 0.7% | ||
Brown-Forman Corp., Class B | 10,884 | 734,017 |
Molson Coors Beverage Co., Class B | 17,435 | 943,931 |
1,677,948 | ||
Chemicals — 5.7% | ||
Ashland Global Holdings, Inc. | 10,624 | 1,115,201 |
Celanese Corp. | 6,459 | 949,085 |
CF Industries Holdings, Inc. | 11,134 | 1,078,105 |
Chemours Co. (The) | 40,177 | 1,328,653 |
Eastman Chemical Co. | 8,832 | 906,781 |
Element Solutions, Inc. | 46,101 | 950,603 |
FMC Corp. | 6,272 | 831,291 |
Huntsman Corp. | 26,763 | 906,463 |
LyondellBasell Industries NV, Class A | 10,437 | 1,106,635 |
Mosaic Co. (The) | 16,986 | 1,060,266 |
NewMarket Corp. | 810 | 262,934 |
Olin Corp. | 21,289 | 1,221,989 |
Univar Solutions, Inc. * | 12,536 | 365,048 |
INVESTMENTS | SHARES | VALUE ($) |
Chemicals — continued | ||
Valvoline, Inc. | 31,024 | 937,856 |
Westlake Corp. | 9,058 | 1,146,290 |
14,167,200 | ||
Construction & Materials — 2.4% | ||
A O Smith Corp. | 11,623 | 679,132 |
Eagle Materials, Inc. | 1,968 | 242,694 |
Fortune Brands Home & Security, Inc. | 9,349 | 666,116 |
Lennox International, Inc. | 1,580 | 336,840 |
Louisiana-Pacific Corp. | 10,167 | 655,975 |
Masco Corp. | 12,483 | 657,729 |
Owens Corning | 8,764 | 796,910 |
Quanta Services, Inc. | 9,018 | 1,045,908 |
Trane Technologies plc | 5,394 | 754,567 |
5,835,871 | ||
Consumer Services — 0.6% | ||
Frontdoor, Inc. * | 8,887 | 274,697 |
H&R Block, Inc. | 10,584 | 275,925 |
IAA, Inc. * | 7,450 | 273,043 |
Service Corp. International | 8,099 | 531,375 |
1,355,040 | ||
Electricity — 6.5% | ||
Alliant Energy Corp. | 13,302 | 782,291 |
Avangrid, Inc. (a) | 15,312 | 679,087 |
Brookfield Renewable Corp. | 796 | 28,576 |
CMS Energy Corp. | 15,129 | 1,039,211 |
Consolidated Edison, Inc. | 11,352 | 1,052,784 |
DTE Energy Co. | 7,949 | 1,041,637 |
Edison International | 11,378 | 782,693 |
Entergy Corp. | 7,103 | 844,191 |
Evergy, Inc. | 15,772 | 1,070,130 |
Eversource Energy | 3,194 | 279,156 |
FirstEnergy Corp. | 23,702 | 1,026,534 |
Hawaiian Electric Industries, Inc. | 16,818 | 691,388 |
IDACORP, Inc. | 8,149 | 857,112 |
NRG Energy, Inc. | 27,017 | 969,910 |
OGE Energy Corp. | 23,544 | 910,682 |
Pinnacle West Capital Corp. | 11,177 | 795,802 |
PPL Corp. | 35,945 | 1,017,603 |
Public Service Enterprise Group, Inc. | 15,054 | 1,048,662 |
Vistra Corp. | 45,485 | 1,138,035 |
16,055,484 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 191 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Electronic & Electrical Equipment — 2.1% | ||
AMETEK, Inc. | 6,870 | 867,406 |
Crane Co. (a) | 2,627 | 252,796 |
Hubbell, Inc. | 3,631 | 709,352 |
IDEX Corp. | 4,110 | 780,160 |
Keysight Technologies, Inc. * | 5,450 | 764,472 |
nVent Electric plc | 6,958 | 235,041 |
Pentair plc | 4,893 | 248,320 |
Regal Rexnord Corp. | 4,141 | 526,901 |
Rockwell Automation, Inc. | 2,849 | 719,857 |
5,104,305 | ||
Finance & Credit Services — 0.6% | ||
Ally Financial, Inc. | 9,469 | 378,381 |
Morningstar, Inc. | 1,879 | 475,819 |
OneMain Holdings, Inc. | 15,053 | 691,385 |
1,545,585 | ||
Food Producers — 6.5% | ||
Archer-Daniels-Midland Co. | 12,306 | 1,102,125 |
Bunge Ltd. | 9,374 | 1,060,387 |
Campbell Soup Co. (a) | 18,850 | 890,097 |
Conagra Brands, Inc. | 25,277 | 882,925 |
Corteva, Inc. | 19,775 | 1,140,820 |
Darling Ingredients, Inc. * | 13,393 | 982,912 |
Flowers Foods, Inc. | 37,634 | 998,054 |
Hain Celestial Group, Inc. (The) * | 22,587 | 757,568 |
Herbalife Nutrition Ltd. * | 15,827 | 420,682 |
Hershey Co. (The) | 4,781 | 1,079,406 |
Hormel Foods Corp. (a) | 16,794 | 879,838 |
Ingredion, Inc. | 11,433 | 973,063 |
J M Smucker Co. (The) | 7,589 | 1,039,162 |
Kellogg Co. | 12,449 | 852,756 |
McCormick & Co., Inc. (Non-Voting) | 8,105 | 815,120 |
Pilgrim's Pride Corp. * | 8,029 | 227,622 |
Post Holdings, Inc. * | 12,400 | 922,436 |
Tyson Foods, Inc., Class A | 10,873 | 1,012,929 |
16,037,902 | ||
Gas, Water & Multi-utilities — 3.0% | ||
Ameren Corp. | 11,006 | 1,022,457 |
American Water Works Co., Inc. | 5,453 | 840,198 |
CenterPoint Energy, Inc. | 33,999 | 1,040,709 |
Essential Utilities, Inc. | 15,577 | 697,227 |
National Fuel Gas Co. | 15,512 | 1,087,857 |
NiSource, Inc. | 33,257 | 968,444 |
INVESTMENTS | SHARES | VALUE ($) |
Gas, Water & Multi-utilities — continued | ||
UGI Corp. | 25,365 | 870,019 |
WEC Energy Group, Inc. | 9,351 | 935,568 |
7,462,479 | ||
General Industrials — 2.0% | ||
AptarGroup, Inc. | 1,519 | 174,427 |
Carlisle Cos., Inc. | 948 | 245,873 |
ITT, Inc. | 3,261 | 228,987 |
Packaging Corp. of America | 5,145 | 829,220 |
Parker-Hannifin Corp. | 2,454 | 664,592 |
PPG Industries, Inc. | 6,299 | 806,209 |
RPM International, Inc. | 10,321 | 855,611 |
Silgan Holdings, Inc. | 8,869 | 393,518 |
Sonoco Products Co. | 7,497 | 464,139 |
Westrock Co. | 4,555 | 225,609 |
4,888,185 | ||
Health Care Providers — 3.2% | ||
Acadia Healthcare Co., Inc. * | 9,131 | 619,812 |
Amedisys, Inc. * | 3,175 | 405,289 |
Cerner Corp. | 10,985 | 1,028,636 |
Chemed Corp. | 1,586 | 779,345 |
DaVita, Inc. * | 7,728 | 837,483 |
Encompass Health Corp. | 9,518 | 655,124 |
IQVIA Holdings, Inc. * | 4,071 | 887,437 |
Molina Healthcare, Inc. * | 3,139 | 983,920 |
Premier, Inc., Class A | 8,706 | 315,244 |
Universal Health Services, Inc., Class B | 5,362 | 657,006 |
Veeva Systems, Inc., Class A * | 4,513 | 821,140 |
7,990,436 | ||
Household Goods & Home Construction — 1.1% | ||
Leggett & Platt, Inc. | 9,391 | 334,601 |
Lennar Corp., Class A | 9,407 | 719,542 |
NVR, Inc. * | 25 | 109,405 |
Toll Brothers, Inc. | 15,104 | 700,373 |
Whirlpool Corp. (a) | 4,318 | 783,803 |
2,647,724 | ||
Industrial Engineering — 1.6% | ||
Cummins, Inc. | 4,078 | 771,517 |
Graco, Inc. | 12,416 | 770,040 |
Lincoln Electric Holdings, Inc. | 4,005 | 539,593 |
Nordson Corp. | 616 | 132,865 |
192 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Industrial Engineering — continued | ||
Snap-on, Inc. | 4,065 | 863,772 |
Toro Co. (The) | 9,798 | 785,114 |
3,862,901 | ||
Industrial Materials — 0.9% | ||
Avery Dennison Corp. | 4,959 | 895,595 |
International Paper Co. | 17,828 | 825,080 |
Sylvamo Corp. * | 11,777 | 525,843 |
2,246,518 | ||
Industrial Metals & Mining — 3.0% | ||
Alcoa Corp. | 11,202 | 759,496 |
Cleveland-Cliffs, Inc. * | 39,102 | 996,710 |
Fastenal Co. | 16,582 | 917,150 |
Nucor Corp. | 7,339 | 1,135,930 |
Reliance Steel & Aluminum Co. | 5,375 | 1,065,594 |
Steel Dynamics, Inc. | 13,123 | 1,125,297 |
Timken Co. (The) | 8,849 | 510,056 |
United States Steel Corp. (a) | 32,291 | 984,553 |
7,494,786 | ||
Industrial Support Services — 1.7% | ||
ADT, Inc. (a) | 10,069 | 68,973 |
Booz Allen Hamilton Holding Corp. | 2,589 | 211,340 |
FTI Consulting, Inc. * | 1,603 | 252,809 |
MSC Industrial Direct Co., Inc., Class A | 6,386 | 529,144 |
Paychex, Inc. | 5,454 | 691,185 |
Robert Half International, Inc. | 5,992 | 589,074 |
Synchrony Financial | 20,452 | 752,838 |
Western Union Co. (The) | 8,939 | 149,818 |
WW Grainger, Inc. | 1,846 | 923,055 |
4,168,236 | ||
Industrial Transportation — 1.2% | ||
Allison Transmission Holdings, Inc. | 6,348 | 237,669 |
Expeditors International of Washington, Inc. | 5,514 | 546,272 |
Landstar System, Inc. | 4,816 | 745,999 |
Old Dominion Freight Line, Inc. | 2,909 | 814,869 |
PACCAR, Inc. | 2,690 | 223,405 |
Ryder System, Inc. | 4,358 | 304,624 |
Schneider National, Inc., Class B | 6,329 | 149,554 |
3,022,392 | ||
Investment Banking & Brokerage Services — 2.5% | ||
Ameriprise Financial, Inc. | 2,484 | 659,477 |
Broadridge Financial Solutions, Inc. | 1,139 | 164,164 |
Invesco Ltd. | 40,742 | 748,838 |
INVESTMENTS | SHARES | VALUE ($) |
Investment Banking & Brokerage Services — continued | ||
Jefferies Financial Group, Inc. | 29,270 | 900,345 |
LPL Financial Holdings, Inc. | 4,088 | 768,013 |
Nasdaq, Inc. | 3,051 | 480,136 |
Raymond James Financial, Inc. | 5,269 | 513,517 |
State Street Corp. | 12,149 | 813,619 |
T. Rowe Price Group, Inc. | 3,560 | 438,022 |
Virtu Financial, Inc., Class A | 23,807 | 687,546 |
6,173,677 | ||
Leisure Goods — 1.0% | ||
Garmin Ltd. | 6,071 | 666,231 |
Harley-Davidson, Inc. | 1,566 | 57,081 |
Polaris, Inc. (a) | 3,505 | 332,765 |
Pool Corp. | 1,877 | 760,598 |
Take-Two Interactive Software, Inc. * | 5,274 | 630,296 |
2,446,971 | ||
Life Insurance — 0.2% | ||
Lincoln National Corp. | 3,077 | 185,081 |
Principal Financial Group, Inc. | 5,856 | 399,028 |
584,109 | ||
Media — 0.9% | ||
Interpublic Group of Cos., Inc. (The) | 29,626 | 966,400 |
Liberty Media Corp.-Liberty SiriusXM, Class A * (a) | 8,977 | 375,508 |
Nexstar Media Group, Inc., Class A | 4,154 | 658,076 |
Warner Bros Discovery, Inc. * | 17,885 | 324,613 |
2,324,597 | ||
Medical Equipment & Services — 6.4% | ||
Agilent Technologies, Inc. | 5,973 | 712,400 |
Bio-Rad Laboratories, Inc., Class A * | 1,445 | 739,927 |
Bio-Techne Corp. | 2,222 | 843,671 |
Bruker Corp. | 11,957 | 687,408 |
Cooper Cos., Inc. (The) | 1,567 | 565,750 |
DENTSPLY SIRONA, Inc. | 14,731 | 589,093 |
Envista Holdings Corp. * | 21,857 | 865,974 |
Globus Medical, Inc., Class A * | 9,470 | 627,103 |
Henry Schein, Inc. * | 8,757 | 710,193 |
Hologic, Inc. * | 13,401 | 964,738 |
ICU Medical, Inc. * | 2,977 | 637,048 |
IDEXX Laboratories, Inc. * | 1,678 | 722,345 |
Integra LifeSciences Holdings Corp. * | 6,765 | 413,747 |
Laboratory Corp. of America Holdings * | 3,514 | 844,344 |
Masimo Corp. * | 3,047 | 344,220 |
PerkinElmer, Inc. | 5,761 | 844,620 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 193 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Medical Equipment & Services — continued | ||
QIAGEN NV * | 15,459 | 701,375 |
Quest Diagnostics, Inc. | 7,077 | 947,186 |
Quidel Corp. * | 4,109 | 413,447 |
ResMed, Inc. | 3,620 | 723,891 |
STERIS plc | 4,144 | 928,463 |
Teleflex, Inc. | 553 | 157,948 |
West Pharmaceutical Services, Inc. | 2,427 | 764,651 |
15,749,542 | ||
Mortgage Real Estate Investment Trusts — 0.6% | ||
Annaly Capital Management, Inc. | 31,928 | 204,978 |
New Residential Investment Corp. | 43,448 | 451,859 |
Starwood Property Trust, Inc. | 35,585 | 814,185 |
1,471,022 | ||
Non-life Insurance — 3.0% | ||
American Financial Group, Inc. | 4,751 | 657,919 |
Arch Capital Group Ltd. * | 2,022 | 92,345 |
Arthur J Gallagher & Co. | 6,281 | 1,058,286 |
Assurant, Inc. | 3,497 | 636,034 |
Assured Guaranty Ltd. | 4,908 | 270,676 |
Axis Capital Holdings Ltd. | 3,356 | 192,400 |
Brown & Brown, Inc. | 14,080 | 872,678 |
CNA Financial Corp. | 112 | 5,313 |
Everest Re Group Ltd. | 1,310 | 359,870 |
Fidelity National Financial, Inc. | 7,344 | 292,438 |
First American Financial Corp. | 4,233 | 246,826 |
Hanover Insurance Group, Inc. (The) | 1,761 | 258,550 |
Hartford Financial Services Group, Inc. (The) | 13,880 | 970,629 |
Mercury General Corp. | 1,490 | 75,141 |
Old Republic International Corp. | 37,612 | 827,840 |
Reinsurance Group of America, Inc. | 2,416 | 259,285 |
W R Berkley Corp. | 3,172 | 210,906 |
7,287,136 | ||
Non-Renewable Energy — 5.3% | ||
Antero Midstream Corp. | 99,319 | 1,020,006 |
Baker Hughes Co. | 29,591 | 917,913 |
Continental Resources, Inc. (a) | 16,653 | 925,407 |
Coterra Energy, Inc. | 38,915 | 1,120,363 |
Devon Energy Corp. | 17,094 | 994,358 |
Diamondback Energy, Inc. | 7,376 | 931,072 |
DT Midstream, Inc. | 3,534 | 189,953 |
Halliburton Co. | 29,802 | 1,061,547 |
HF Sinclair Corp. * | 14,836 | 564,065 |
Marathon Oil Corp. | 42,663 | 1,063,162 |
INVESTMENTS | SHARES | VALUE ($) |
Non-Renewable Energy — continued | ||
Marathon Petroleum Corp. | 6,549 | 571,466 |
Pioneer Natural Resources Co. | 4,228 | 982,883 |
Targa Resources Corp. | 14,606 | 1,072,226 |
Texas Pacific Land Corp. | 438 | 598,571 |
Williams Cos., Inc. (The) | 30,427 | 1,043,342 |
13,056,334 | ||
Personal Care, Drug & Grocery Stores — 3.5% | ||
Albertsons Cos., Inc., Class A | 27,945 | 874,120 |
AmerisourceBergen Corp. | 6,898 | 1,043,598 |
Casey's General Stores, Inc. | 4,035 | 812,246 |
Church & Dwight Co., Inc. | 10,033 | 978,819 |
Clorox Co. (The) | 5,267 | 755,656 |
Grocery Outlet Holding Corp. * | 17,346 | 584,040 |
Kroger Co. (The) | 17,283 | 932,591 |
McKesson Corp. | 3,614 | 1,118,931 |
Olaplex Holdings, Inc. * (a) | 14,966 | 220,000 |
Reynolds Consumer Products, Inc. | 11,192 | 331,171 |
Spectrum Brands Holdings, Inc. | 10,966 | 932,878 |
8,584,050 | ||
Personal Goods — 0.4% | ||
Carter's, Inc. | 1,985 | 167,217 |
Tapestry, Inc. | 21,810 | 717,985 |
885,202 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 2.1% | ||
Cardinal Health, Inc. | 14,111 | 819,144 |
Charles River Laboratories International, Inc. * | 2,581 | 623,337 |
Horizon Therapeutics plc * | 9,440 | 930,406 |
Jazz Pharmaceuticals plc * | 4,184 | 670,361 |
Maravai LifeSciences Holdings, Inc., Class A * | 15,188 | 466,727 |
Royalty Pharma plc | 10,377 | 441,853 |
Syneos Health, Inc. * | 5,729 | 418,733 |
United Therapeutics Corp. * | 4,781 | 848,914 |
5,219,475 | ||
Precious Metals & Mining — 0.1% | ||
Royal Gold, Inc. | 2,221 | 289,796 |
Real Estate Investment & Services — 0.8% | ||
CBRE Group, Inc., Class A * | 11,338 | 941,508 |
Jones Lang LaSalle, Inc. * | 4,544 | 993,909 |
1,935,417 | ||
Real Estate Investment Trusts — 8.6% | ||
Alexandria Real Estate Equities, Inc. | 2,383 | 434,087 |
American Campus Communities, Inc. | 1,613 | 104,313 |
194 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Real Estate Investment Trusts — continued | ||
American Homes 4 Rent, Class A | 12,286 | 486,648 |
Brixmor Property Group, Inc. | 31,613 | 802,338 |
Camden Property Trust | 4,422 | 693,768 |
CubeSmart | 16,720 | 794,367 |
Duke Realty Corp. | 16,840 | 921,990 |
Extra Space Storage, Inc. | 5,021 | 953,990 |
First Industrial Realty Trust, Inc. | 7,579 | 439,582 |
Gaming and Leisure Properties, Inc. | 15,754 | 699,162 |
Healthpeak Properties, Inc. | 23,526 | 771,888 |
Highwoods Properties, Inc. | 7,793 | 318,266 |
Iron Mountain, Inc. | 19,474 | 1,046,338 |
Kimco Realty Corp. | 42,784 | 1,083,719 |
Lamar Advertising Co., Class A | 9,232 | 1,019,305 |
Life Storage, Inc. | 7,158 | 948,363 |
Medical Properties Trust, Inc. | 38,140 | 701,395 |
Mid-America Apartment Communities, Inc. | 4,744 | 933,050 |
National Retail Properties, Inc. | 3,588 | 157,298 |
Omega Healthcare Investors, Inc. | 18,621 | 474,463 |
Rayonier, Inc. | 12,564 | 542,765 |
Regency Centers Corp. | 6,433 | 442,783 |
Rexford Industrial Realty, Inc. | 7,272 | 567,507 |
Simon Property Group, Inc. | 7,078 | 835,204 |
SL Green Realty Corp. (a) | 6,226 | 430,964 |
Spirit Realty Capital, Inc. | 9,966 | 433,023 |
Ventas, Inc. | 13,868 | 770,367 |
VICI Properties, Inc. | 26,590 | 792,648 |
Welltower, Inc. | 11,116 | 1,009,444 |
Weyerhaeuser Co. | 22,461 | 925,842 |
WP Carey, Inc. | 8,841 | 714,088 |
21,248,965 | ||
Renewable Energy — 0.5% | ||
Enphase Energy, Inc. * | 5,065 | 817,491 |
First Solar, Inc. * | 4,883 | 356,605 |
1,174,096 | ||
Retailers — 2.7% | ||
AutoNation, Inc. * | 8,454 | 979,903 |
Bath & Body Works, Inc. | 2,801 | 148,145 |
Best Buy Co., Inc. | 8,038 | 722,857 |
Dick's Sporting Goods, Inc. (a) | 7,936 | 765,189 |
Foot Locker, Inc. | 13,650 | 400,082 |
Gap, Inc. (The) | 6,627 | 82,307 |
Kohl's Corp. | 14,496 | 839,029 |
O'Reilly Automotive, Inc. * | 598 | 362,717 |
INVESTMENTS | SHARES | VALUE ($) |
Retailers — continued | ||
Penske Automotive Group, Inc. | 7,759 | 813,298 |
Tractor Supply Co. | 4,200 | 846,090 |
Williams-Sonoma, Inc. (a) | 5,470 | 713,726 |
6,673,343 | ||
Software & Computer Services — 5.1% | ||
Akamai Technologies, Inc. * | 3,421 | 384,110 |
Amdocs Ltd. | 11,880 | 946,717 |
ANSYS, Inc. * | 2,824 | 778,549 |
CACI International, Inc., Class A * | 1,477 | 391,848 |
Cadence Design Systems, Inc. * | 5,785 | 872,667 |
Citrix Systems, Inc. | 5,757 | 576,276 |
Dolby Laboratories, Inc., Class A | 7,973 | 617,668 |
EPAM Systems, Inc. * | 1,819 | 482,017 |
Fortinet, Inc. * | 3,036 | 877,434 |
Gartner, Inc. * | 2,827 | 821,385 |
Hewlett Packard Enterprise Co. | 46,451 | 715,810 |
InterActiveCorp. * | 3,621 | 300,108 |
Leidos Holdings, Inc. | 7,075 | 732,333 |
Manhattan Associates, Inc. * | 6,867 | 896,487 |
NortonLifeLock, Inc. | 26,108 | 653,744 |
Paycom Software, Inc. * | 409 | 115,121 |
SS&C Technologies Holdings, Inc. | 13,407 | 866,897 |
Synopsys, Inc. * | 3,086 | 885,034 |
Tyler Technologies, Inc. * | 1,728 | 682,059 |
Vimeo, Inc. * | 5,967 | 60,804 |
12,657,068 | ||
Technology Hardware & Equipment — 4.9% | ||
Amphenol Corp., Class A | 12,942 | 925,353 |
CDW Corp. | 5,333 | 870,239 |
Cirrus Logic, Inc. * | 7,431 | 563,270 |
Concentrix Corp. | 3,638 | 572,912 |
Corning, Inc. | 19,657 | 691,730 |
Entegris, Inc. | 7,879 | 877,642 |
HP, Inc. | 17,715 | 648,900 |
Jabil, Inc. | 13,892 | 801,985 |
Marvell Technology, Inc. | 13,637 | 792,037 |
Microchip Technology, Inc. | 7,679 | 500,671 |
Monolithic Power Systems, Inc. | 2,121 | 831,941 |
National Instruments Corp. | 1,911 | 69,064 |
NetApp, Inc. | 9,488 | 694,996 |
ON Semiconductor Corp. * | 13,145 | 684,986 |
Qorvo, Inc. * | 5,828 | 663,110 |
Skyworks Solutions, Inc. | 5,454 | 617,938 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 195 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Technology Hardware & Equipment — continued | ||
TD SYNNEX Corp. | 5,912 | 591,732 |
Teradyne, Inc. | 7,301 | 769,963 |
12,168,469 | ||
Telecommunications Equipment — 2.4% | ||
Arista Networks, Inc. * | 8,644 | 998,987 |
Ciena Corp. * | 15,391 | 849,121 |
CommScope Holding Co., Inc. * | 4,262 | 25,700 |
Juniper Networks, Inc. | 29,719 | 936,743 |
Lumentum Holdings, Inc. * | 10,869 | 882,671 |
Motorola Solutions, Inc. | 4,546 | 971,435 |
Ubiquiti, Inc. (a) | 3,422 | 965,859 |
Viasat, Inc. * | 6,250 | 230,063 |
5,860,579 | ||
Telecommunications Service Providers — 1.5% | ||
Altice USA, Inc., Class A * | 68,208 | 632,970 |
Cable One, Inc. | 524 | 611,089 |
DISH Network Corp., Class A * | 33,638 | 959,019 |
Liberty Broadband Corp., Class C * | 5,613 | 627,646 |
Lumen Technologies, Inc. | 96,081 | 966,575 |
3,797,299 | ||
Travel & Leisure — 0.6% | ||
Choice Hotels International, Inc. | 2,196 | 308,450 |
Copa Holdings SA, Class A (Panama) * (a) | 5,189 | 391,095 |
Travel + Leisure Co. | 4,294 | 238,231 |
Wendy's Co. (The) | 1,150 | 22,724 |
Yum China Holdings, Inc. (China) | 12,685 | 530,233 |
1,490,733 | ||
Waste & Disposal Services — 1.0% | ||
Clean Harbors, Inc. * | 10,008 | 1,050,139 |
Republic Services, Inc. | 7,798 | 1,047,037 |
Stericycle, Inc. * | 9,350 | 469,277 |
2,566,453 | ||
Total Common Stocks (Cost $215,083,918) | 246,257,623 |
INVESTMENTS | SHARES | VALUE ($) |
Short-Term Investments — 3.3% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $250,728) | 250,728 | 250,728 |
Investment of Cash Collateral from Securities Loaned — 3.2% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (b) (c) | 5,951,580 | 5,947,413 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 1,816,951 | 1,816,951 |
Total Investment of Cash Collateral from Securities Loaned (Cost $7,764,543) | 7,764,364 | |
Total Short-Term Investments (Cost $8,015,271) | 8,015,092 | |
Total Investments — 103.1% (Cost $223,099,189) | 254,272,715 | |
Liabilities in Excess of Other Assets — (3.1)% | (7,628,358) | |
NET ASSETS — 100.0% | 246,644,357 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $7,354,015. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
196 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
S&P Midcap 400 E-Mini Index | 1 | 06/17/2022 | USD | 249,440 | (6,692) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 197 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 0.1% | ||
Moog, Inc., Class A | 1,111 | 88,736 |
National Presto Industries, Inc. | 1,380 | 98,159 |
186,895 | ||
Automobiles & Parts — 0.5% | ||
Dorman Products, Inc. * | 3,942 | 389,154 |
Gentherm, Inc. * | 9,155 | 617,230 |
1,006,384 | ||
Banks — 4.6% | ||
1st Source Corp. | 1,428 | 61,790 |
Ameris Bancorp | 8,744 | 364,625 |
Atlantic Union Bankshares Corp. | 5,326 | 179,912 |
Axos Financial, Inc. * | 5,639 | 213,605 |
BancFirst Corp. | 972 | 79,461 |
Bank of NT Butterfield & Son Ltd. (The) (Bermuda) | 8,946 | 286,540 |
Banner Corp. | 3,228 | 173,344 |
Brookline Bancorp, Inc. | 7,737 | 111,877 |
Capital City Bank Group, Inc. | 603 | 15,443 |
Cathay General Bancorp | 9,027 | 361,892 |
Community Trust Bancorp, Inc. | 2,184 | 86,945 |
First BanCorp (Puerto Rico) | 15,191 | 206,749 |
First Busey Corp. | 2,164 | 48,625 |
First Financial Bancorp | 5,623 | 114,990 |
First Financial Bankshares, Inc. | 11,344 | 453,533 |
First Financial Corp. | 877 | 37,378 |
First Merchants Corp. | 2,501 | 98,014 |
Flagstar Bancorp, Inc. | 8,385 | 295,990 |
Fulton Financial Corp. | 11,423 | 173,287 |
Hancock Whitney Corp. | 5,207 | 243,531 |
Hilltop Holdings, Inc. | 18,816 | 479,620 |
Home BancShares, Inc. | 802 | 17,339 |
Hope Bancorp, Inc. | 27,193 | 388,860 |
Independent Bank Group, Inc. | 3,773 | 255,809 |
Lakeland Financial Corp. | 1,907 | 138,868 |
NBT Bancorp, Inc. | 2,461 | 86,627 |
OceanFirst Financial Corp. | 10,538 | 197,377 |
OFG Bancorp (Puerto Rico) | 6,745 | 179,282 |
Old National Bancorp | 36,808 | 558,019 |
Renasant Corp. | 6,761 | 201,410 |
Republic Bancorp, Inc., Class A | 1,695 | 70,648 |
Sandy Spring Bancorp, Inc. | 2,154 | 84,588 |
Simmons First National Corp., Class A | 12,723 | 303,698 |
TrustCo Bank Corp. | 2,178 | 67,845 |
Trustmark Corp. | 11,002 | 306,736 |
INVESTMENTS | SHARES | VALUE ($) |
Banks — continued | ||
UMB Financial Corp. | 5,297 | 477,683 |
United Bankshares, Inc. | 15,933 | 529,932 |
United Community Banks, Inc. | 7,772 | 234,248 |
Valley National Bancorp | 47,057 | 563,743 |
Washington Federal, Inc. | 6,776 | 206,194 |
WesBanco, Inc. | 6,444 | 207,755 |
9,163,812 | ||
Beverages — 1.4% | ||
Celsius Holdings, Inc. * (a) | 10,335 | 537,420 |
Coca-Cola Consolidated, Inc. | 1,414 | 624,281 |
Duckhorn Portfolio, Inc. (The) * | 13,052 | 253,470 |
MGP Ingredients, Inc. (a) | 5,334 | 487,154 |
National Beverage Corp. | 10,585 | 466,587 |
Primo Water Corp. | 29,684 | 434,574 |
2,803,486 | ||
Chemicals — 3.6% | ||
AdvanSix, Inc. | 10,211 | 454,798 |
American Vanguard Corp. | 9,446 | 202,144 |
Avient Corp. | 12,718 | 626,234 |
Balchem Corp. | 4,252 | 523,846 |
Cabot Corp. | 8,130 | 535,361 |
GCP Applied Technologies, Inc. * | 11,371 | 356,708 |
Ingevity Corp. * | 9,696 | 580,790 |
Innospec, Inc. | 5,547 | 528,685 |
Livent Corp. * (a) | 18,783 | 401,205 |
Orion Engineered Carbons SA (Germany) | 22,741 | 343,389 |
Quaker Chemical Corp. | 1,179 | 191,835 |
Rayonier Advanced Materials, Inc. * | 40,611 | 208,335 |
Sensient Technologies Corp. | 7,334 | 620,457 |
Stepan Co. | 4,260 | 434,989 |
Trinseo plc | 13,763 | 653,054 |
Tronox Holdings plc, Class A | 33,096 | 569,251 |
7,231,081 | ||
Construction & Materials — 1.9% | ||
Comfort Systems USA, Inc. | 6,341 | 535,307 |
EMCOR Group, Inc. | 4,331 | 461,165 |
Exponent, Inc. | 3,651 | 349,802 |
GMS, Inc. * | 5,616 | 269,287 |
Great Lakes Dredge & Dock Corp. * | 3,532 | 48,777 |
Griffon Corp. | 4,150 | 77,647 |
Installed Building Products, Inc. | 2,597 | 208,981 |
JELD-WEN Holding, Inc. * | 6,299 | 130,956 |
Masonite International Corp. * | 2,657 | 205,971 |
198 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Construction & Materials — continued | ||
Mueller Water Products, Inc., Class A | 16,495 | 198,435 |
Patrick Industries, Inc. | 3,120 | 194,220 |
Quanex Building Products Corp. | 4,970 | 95,524 |
Simpson Manufacturing Co., Inc. | 4,617 | 478,644 |
Tetra Tech, Inc. | 3,787 | 527,453 |
3,782,169 | ||
Consumer Services — 0.4% | ||
Carriage Services, Inc. | 1,699 | 72,870 |
Laureate Education, Inc., Class A | 37,566 | 425,623 |
Perdoceo Education Corp. * | 12,044 | 134,652 |
Rent-A-Center, Inc. | 10,890 | 262,667 |
895,812 | ||
Electricity — 1.6% | ||
ALLETE, Inc. | 7,202 | 427,367 |
Clearway Energy, Inc., Class C | 18,024 | 550,273 |
MGE Energy, Inc. | 4,539 | 353,452 |
NorthWestern Corp. | 10,156 | 575,744 |
PNM Resources, Inc. | 13,870 | 647,174 |
Portland General Electric Co. | 12,141 | 574,633 |
Via Renewables, Inc. | 17,339 | 123,800 |
3,252,443 | ||
Electronic & Electrical Equipment — 1.3% | ||
Atkore, Inc. * | 6,305 | 605,910 |
AZZ, Inc. | 4,241 | 193,559 |
Badger Meter, Inc. | 5,224 | 421,525 |
Brady Corp., Class A | 4,546 | 203,433 |
Encore Wire Corp. | 5,654 | 637,828 |
Watts Water Technologies, Inc., Class A | 3,495 | 445,473 |
2,507,728 | ||
Finance & Credit Services — 1.5% | ||
Encore Capital Group, Inc. * | 1,218 | 70,413 |
Enova International, Inc. * | 7,528 | 281,547 |
Mr. Cooper Group, Inc. * | 13,174 | 592,435 |
Navient Corp. | 39,253 | 623,730 |
PennyMac Financial Services, Inc. | 9,101 | 441,945 |
Radian Group, Inc. | 24,162 | 516,825 |
Walker & Dunlop, Inc. | 3,204 | 383,711 |
2,910,606 | ||
Food Producers — 3.7% | ||
Andersons, Inc. (The) | 8,896 | 446,846 |
B&G Foods, Inc. (a) | 15,707 | 422,990 |
BellRing Brands, Inc. * | 16,735 | 358,631 |
INVESTMENTS | SHARES | VALUE ($) |
Food Producers — continued | ||
Cal-Maine Foods, Inc. | 9,521 | 511,563 |
Fresh Del Monte Produce, Inc. | 14,974 | 390,073 |
Hostess Brands, Inc. * | 29,312 | 665,089 |
J & J Snack Foods Corp. | 3,235 | 484,280 |
John B Sanfilippo & Son, Inc. | 3,684 | 286,026 |
Lancaster Colony Corp. | 3,137 | 486,800 |
Medifast, Inc. | 2,298 | 409,871 |
Nature's Sunshine Products, Inc. * | 4,613 | 76,391 |
Sanderson Farms, Inc. | 3,603 | 682,300 |
Simply Good Foods Co. (The) * | 16,750 | 697,637 |
Tattooed Chef, Inc. * (a) | 8,132 | 64,975 |
Tootsie Roll Industries, Inc. (a) | 13,275 | 465,023 |
TreeHouse Foods, Inc. * | 12,852 | 404,838 |
USANA Health Sciences, Inc. * | 5,471 | 419,407 |
Utz Brands, Inc. (a) | 17,036 | 240,548 |
7,513,288 | ||
Gas, Water & Multi-utilities — 3.4% | ||
American States Water Co. | 6,412 | 504,368 |
Avista Corp. | 11,826 | 479,781 |
Black Hills Corp. | 8,428 | 617,267 |
Brookfield Infrastructure Corp., Class A (Canada) | 8,124 | 576,154 |
California Water Service Group | 7,900 | 409,773 |
Chesapeake Utilities Corp. | 3,301 | 413,186 |
Evoqua Water Technologies Corp. * | 14,918 | 621,931 |
Middlesex Water Co. | 4,039 | 359,269 |
New Jersey Resources Corp. | 12,491 | 539,112 |
Northwest Natural Holding Co. | 8,104 | 387,614 |
ONE Gas, Inc. | 1,819 | 153,469 |
SJW Group | 3,120 | 184,080 |
South Jersey Industries, Inc. (a) | 17,388 | 594,496 |
Southwest Gas Holdings, Inc. (a) | 8,202 | 722,678 |
Spire, Inc. | 4,567 | 332,249 |
6,895,427 | ||
General Industrials — 1.2% | ||
Apogee Enterprises, Inc. | 4,784 | 210,496 |
Barnes Group, Inc. | 2,155 | 72,365 |
CSW Industrials, Inc. | 1,574 | 166,073 |
Greif, Inc., Class A | 6,257 | 379,675 |
HB Fuller Co. | 9,227 | 615,441 |
Kronos Worldwide, Inc. | 16,279 | 247,766 |
Myers Industries, Inc. | 4,338 | 95,132 |
Otter Tail Corp. | 7,923 | 459,217 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 199 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
General Industrials — continued | ||
Standex International Corp. | 1,597 | 150,182 |
TriMas Corp. | 1,670 | 49,332 |
2,445,679 | ||
Health Care Providers — 3.2% | ||
Addus HomeCare Corp. * | 2,647 | 223,089 |
Apollo Medical Holdings, Inc. * (a) | 10,295 | 375,562 |
Brookdale Senior Living, Inc. * | 5,069 | 31,326 |
Community Health Systems, Inc. * | 29,318 | 224,869 |
Computer Programs and Systems, Inc. * | 3,949 | 126,052 |
CorVel Corp. * | 2,288 | 354,823 |
Ensign Group, Inc. (The) | 7,646 | 614,203 |
Healthcare Services Group, Inc. | 7,364 | 125,851 |
LHC Group, Inc. * | 3,149 | 522,262 |
ModivCare, Inc. * | 3,526 | 366,598 |
NextGen Healthcare, Inc. * | 8,246 | 155,437 |
Omnicell, Inc. * | 3,746 | 408,951 |
Option Care Health, Inc. * | 17,997 | 537,750 |
Pennant Group, Inc. (The) * | 6,856 | 112,370 |
RadNet, Inc. * | 5,998 | 116,961 |
Select Medical Holdings Corp. | 16,914 | 382,425 |
Surgery Partners, Inc. * | 11,654 | 596,219 |
Tenet Healthcare Corp. * | 6,868 | 497,999 |
Tivity Health, Inc. * | 13,153 | 422,606 |
US Physical Therapy, Inc. | 1,606 | 166,655 |
6,362,008 | ||
Household Goods & Home Construction — 1.6% | ||
Beazer Homes USA, Inc. * | 4,172 | 62,914 |
Central Garden & Pet Co., Class A * | 6,854 | 283,619 |
CompX International, Inc. | 1,658 | 35,199 |
Ethan Allen Interiors, Inc. (a) | 17,886 | 424,614 |
Hamilton Beach Brands Holding Co., Class A | 2,906 | 27,200 |
HNI Corp. | 9,119 | 325,001 |
Interface, Inc. | 23,272 | 295,322 |
La-Z-Boy, Inc. | 15,047 | 395,435 |
LGI Homes, Inc. * | 1,004 | 94,085 |
M/I Homes, Inc. * | 6,166 | 273,030 |
MDC Holdings, Inc. | 3,624 | 133,762 |
MillerKnoll, Inc. | 9,911 | 314,476 |
Sleep Number Corp. * (a) | 1,115 | 45,224 |
Steelcase, Inc., Class A | 15,749 | 184,736 |
Taylor Morrison Home Corp. * | 5,948 | 155,778 |
Tri Pointe Homes, Inc. * | 6,507 | 134,500 |
3,184,895 |
INVESTMENTS | SHARES | VALUE ($) |
Industrial Engineering — 1.3% | ||
Albany International Corp., Class A | 2,591 | 202,668 |
Astec Industries, Inc. | 7,252 | 283,553 |
Columbus McKinnon Corp. | 7,431 | 263,429 |
EnPro Industries, Inc. | 3,180 | 296,408 |
Franklin Electric Co., Inc. | 5,937 | 415,234 |
Hillenbrand, Inc. | 10,913 | 445,469 |
John Bean Technologies Corp. | 2,104 | 248,040 |
Tennant Co. | 1,720 | 111,078 |
Titan Machinery, Inc. * | 2,807 | 66,189 |
Zurn Water Solutions Corp. | 9,124 | 284,851 |
2,616,919 | ||
Industrial Materials — 1.9% | ||
Boise Cascade Co. | 8,390 | 634,116 |
Clearwater Paper Corp. * | 10,083 | 333,848 |
Glatfelter Corp. | 12,391 | 136,301 |
Koppers Holdings, Inc. | 11,084 | 268,898 |
Materion Corp. | 6,978 | 594,177 |
Meta Materials, Inc. * (a) | 124,356 | 149,227 |
Minerals Technologies, Inc. | 8,101 | 515,305 |
Neenah, Inc. | 6,932 | 245,393 |
Schweitzer-Mauduit International, Inc. | 12,306 | 309,619 |
Tredegar Corp. | 8,147 | 93,283 |
UFP Industries, Inc. | 7,766 | 600,855 |
3,881,022 | ||
Industrial Metals & Mining — 4.0% | ||
Arconic Corp. * | 872 | 21,939 |
Carpenter Technology Corp. | 16,913 | 645,738 |
Century Aluminum Co. * | 22,049 | 371,967 |
Commercial Metals Co. | 16,443 | 674,163 |
Compass Minerals International, Inc. | 8,530 | 504,379 |
Constellium SE * | 25,014 | 417,484 |
Energy Fuels, Inc. * (a) | 46,863 | 351,941 |
GrafTech International Ltd. | 50,045 | 454,409 |
Haynes International, Inc. | 6,386 | 249,565 |
Kaiser Aluminum Corp. | 4,862 | 469,183 |
Mueller Industries, Inc. | 11,743 | 635,883 |
Olympic Steel, Inc. | 4,078 | 139,998 |
RBC Bearings, Inc. * | 3,264 | 549,494 |
Schnitzer Steel Industries, Inc., Class A | 12,224 | 557,781 |
TimkenSteel Corp. * | 15,871 | 328,054 |
Uranium Energy Corp. * (a) | 87,993 | 373,970 |
200 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Industrial Metals & Mining — continued | ||
US Silica Holdings, Inc. * | 45,747 | 849,979 |
Worthington Industries, Inc. | 9,240 | 439,547 |
8,035,474 | ||
Industrial Support Services — 2.8% | ||
ABM Industries, Inc. | 6,522 | 314,817 |
Applied Industrial Technologies, Inc. | 6,493 | 679,752 |
ASGN, Inc. * | 4,581 | 519,715 |
CoreCivic, Inc., REIT * | 28,742 | 357,263 |
CRA International, Inc. | 2,499 | 205,843 |
Deluxe Corp. | 3,398 | 92,018 |
DXP Enterprises, Inc. * | 926 | 21,881 |
EVERTEC, Inc. (Puerto Rico) | 6,312 | 248,693 |
ExlService Holdings, Inc. * | 3,070 | 417,981 |
Forrester Research, Inc. * | 2,469 | 137,499 |
Heidrick & Struggles International, Inc. | 3,389 | 108,312 |
Insperity, Inc. | 2,698 | 286,123 |
Korn Ferry | 3,807 | 233,902 |
Lawson Products, Inc. * | 1,166 | 44,296 |
Maximus, Inc. | 7,431 | 541,571 |
Pitney Bowes, Inc. | 28,219 | 148,714 |
Resources Connection, Inc. | 3,802 | 65,356 |
TriNet Group, Inc. * | 4,532 | 401,988 |
TrueBlue, Inc. * | 2,495 | 63,797 |
TTEC Holdings, Inc. | 5,115 | 377,538 |
UniFirst Corp. | 1,885 | 324,786 |
5,591,845 | ||
Industrial Transportation — 2.5% | ||
ArcBest Corp. | 4,550 | 328,328 |
Atlas Air Worldwide Holdings, Inc. * | 7,883 | 543,454 |
Costamare, Inc. (Monaco) | 12,469 | 167,209 |
DHT Holdings, Inc. | 96,644 | 543,139 |
Federal Signal Corp. | 5,506 | 187,369 |
Forward Air Corp. | 3,461 | 335,613 |
Frontline Ltd. (Norway) * (a) | 35,757 | 297,856 |
GATX Corp. | 2,820 | 291,560 |
Genco Shipping & Trading Ltd. | 11,651 | 256,672 |
Hub Group, Inc., Class A * | 1,225 | 82,271 |
Matson, Inc. | 6,069 | 522,055 |
McGrath RentCorp | 2,654 | 221,503 |
Saia, Inc. * | 2,370 | 488,125 |
Scorpio Tankers, Inc. (Monaco) | 2,862 | 70,777 |
INVESTMENTS | SHARES | VALUE ($) |
Industrial Transportation — continued | ||
Triton International Ltd. (Bermuda) | 10,076 | 615,543 |
Wabash National Corp. | 4,366 | 62,478 |
5,013,952 | ||
Investment Banking & Brokerage Services — 1.3% | ||
Artisan Partners Asset Management, Inc., Class A | 13,931 | 447,742 |
B Riley Financial, Inc. | 2,218 | 100,165 |
Brightsphere Investment Group, Inc. | 17,217 | 345,029 |
Cohen & Steers, Inc. (a) | 4,352 | 338,107 |
Cowen, Inc., Class A | 13,431 | 306,898 |
Federated Hermes, Inc. | 13,369 | 380,749 |
Houlihan Lokey, Inc. | 3,713 | 309,256 |
Moelis & Co., Class A | 7,274 | 321,947 |
Virtus Investment Partners, Inc. | 801 | 141,905 |
2,691,798 | ||
Leisure Goods — 1.4% | ||
Camping World Holdings, Inc., Class A (a) | 16,167 | 415,169 |
Fox Factory Holding Corp. * | 3,505 | 286,989 |
LCI Industries | 2,489 | 242,229 |
Nautilus, Inc. * | 26,419 | 79,521 |
Smith & Wesson Brands, Inc. | 41,470 | 569,383 |
Sonos, Inc. * (a) | 15,111 | 344,833 |
Sturm Ruger & Co., Inc. | 9,314 | 634,749 |
Universal Electronics, Inc. * | 4,569 | 134,786 |
2,707,659 | ||
Life Insurance — 0.5% | ||
American Equity Investment Life Holding Co. | 9,926 | 374,409 |
CNO Financial Group, Inc. | 27,237 | 657,501 |
National Western Life Group, Inc., Class A | 190 | 37,764 |
1,069,674 | ||
Media — 0.1% | ||
Gray Television, Inc. | 12,647 | 234,222 |
QuinStreet, Inc. * | 2,599 | 24,717 |
258,939 | ||
Medical Equipment & Services — 3.8% | ||
Accuray, Inc. * | 14,155 | 37,652 |
AdaptHealth Corp. * | 15,284 | 193,495 |
Anika Therapeutics, Inc. * | 1,690 | 36,386 |
AtriCure, Inc. * | 7,127 | 370,105 |
Atrion Corp. | 188 | 117,805 |
Avanos Medical, Inc. * | 5,264 | 153,498 |
CONMED Corp. | 4,571 | 607,760 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 201 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Medical Equipment & Services — continued | ||
Fulgent Genetics, Inc. * | 8,248 | 452,650 |
Inogen, Inc. * | 1,255 | 31,726 |
Integer Holdings Corp. * | 5,556 | 417,645 |
Intersect ENT, Inc. * | 2,385 | 65,277 |
Invacare Corp. * (a) | 14,139 | 23,471 |
Lantheus Holdings, Inc. * | 12,446 | 826,539 |
Meridian Bioscience, Inc. * | 23,390 | 598,550 |
Merit Medical Systems, Inc. * | 9,452 | 586,119 |
Natus Medical, Inc. * | 8,905 | 296,269 |
Neogen Corp. * | 13,573 | 358,327 |
NeoGenomics, Inc. * | 16,802 | 158,779 |
OraSure Technologies, Inc. * | 34,534 | 212,039 |
Orthofix Medical, Inc. * | 3,183 | 98,673 |
Owens & Minor, Inc. | 15,253 | 541,329 |
Patterson Cos., Inc. | 19,346 | 595,276 |
STAAR Surgical Co. * | 4,973 | 283,909 |
Surmodics, Inc. * | 3,892 | 150,465 |
Varex Imaging Corp. * | 15,346 | 304,618 |
Zynex, Inc. (a) | 6,316 | 40,233 |
7,558,595 | ||
Mortgage Real Estate Investment Trusts — 2.0% | ||
Apollo Commercial Real Estate Finance, Inc. | 20,507 | 246,904 |
Arbor Realty Trust, Inc. | 19,898 | 340,256 |
Blackstone Mortgage Trust, Inc., Class A | 13,497 | 405,450 |
Dynex Capital, Inc. (a) | 6,756 | 109,650 |
Ellington Financial, Inc. (a) | 31,027 | 502,327 |
Granite Point Mortgage Trust, Inc. | 9,183 | 89,351 |
iStar, Inc. (a) | 26,893 | 452,878 |
KKR Real Estate Finance Trust, Inc. | 21,873 | 415,587 |
Ladder Capital Corp. | 20,726 | 236,069 |
MFA Financial, Inc. (a) | 34,557 | 492,437 |
New York Mortgage Trust, Inc. | 88,394 | 284,629 |
PennyMac Mortgage Investment Trust | 6,524 | 100,078 |
Redwood Trust, Inc. | 28,193 | 273,472 |
TPG RE Finance Trust, Inc. | 7,726 | 81,509 |
4,030,597 | ||
Non-life Insurance — 1.0% | ||
American National Group, Inc. | 968 | 182,574 |
Employers Holdings, Inc. | 5,396 | 212,279 |
Enstar Group Ltd. * | 1,160 | 273,470 |
Essent Group Ltd. | 4,352 | 176,386 |
Horace Mann Educators Corp. | 4,068 | 162,110 |
Safety Insurance Group, Inc. | 2,273 | 195,569 |
INVESTMENTS | SHARES | VALUE ($) |
Non-life Insurance — continued | ||
Selective Insurance Group, Inc. | 4,344 | 357,772 |
Stewart Information Services Corp. | 9,846 | 508,054 |
2,068,214 | ||
Non-Renewable Energy — 7.0% | ||
Antero Resources Corp. * | 25,769 | 907,069 |
Archrock, Inc. | 57,240 | 498,560 |
Berry Corp. | 28,347 | 310,967 |
Brigham Minerals, Inc., Class A | 9,020 | 223,516 |
Cactus, Inc., Class A | 11,895 | 593,917 |
Centennial Resource Development, Inc., Class A * | 75,649 | 585,523 |
ChampionX Corp. | 13,555 | 286,010 |
Civitas Resources, Inc. (a) | 10,849 | 635,968 |
CNX Resources Corp. * | 36,676 | 753,692 |
CONSOL Energy, Inc. * | 18,058 | 858,658 |
DMC Global, Inc. * | 7,147 | 142,869 |
Dril-Quip, Inc. * | 1,618 | 46,728 |
Helix Energy Solutions Group, Inc. * | 51,207 | 210,461 |
Magnolia Oil & Gas Corp., Class A | 27,389 | 636,520 |
Matador Resources Co. | 12,228 | 596,971 |
Matrix Service Co. * | 2,060 | 14,008 |
MRC Global, Inc. * | 14,361 | 172,188 |
Nabors Industries Ltd. * | 3,759 | 581,217 |
Newpark Resources, Inc. * | 9,383 | 32,747 |
Northern Oil and Gas, Inc. | 8,357 | 208,758 |
NOW, Inc. * | 22,213 | 242,122 |
Oceaneering International, Inc. * | 14,830 | 168,024 |
Ovintiv, Inc. | 13,642 | 698,334 |
Patterson-UTI Energy, Inc. | 43,107 | 708,679 |
PDC Energy, Inc. | 9,289 | 647,815 |
ProPetro Holding Corp. * | 46,756 | 661,130 |
Ranger Oil Corp. * | 19,518 | 621,648 |
RPC, Inc. * | 14,929 | 154,366 |
SM Energy Co. | 16,384 | 582,123 |
Solaris Oilfield Infrastructure, Inc., Class A | 30,642 | 344,722 |
SunCoke Energy, Inc. | 46,977 | 390,849 |
Warrior Met Coal, Inc. | 3,843 | 130,931 |
World Fuel Services Corp. | 19,319 | 467,906 |
14,114,996 | ||
Personal Care, Drug & Grocery Stores — 3.5% | ||
ACCO Brands Corp. | 36,637 | 268,549 |
Beauty Health Co. (The) * | 22,991 | 301,182 |
Chefs' Warehouse, Inc. (The) * (a) | 13,690 | 501,054 |
Edgewell Personal Care Co. | 12,589 | 480,144 |
202 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Personal Care, Drug & Grocery Stores — continued | ||
Energizer Holdings, Inc. | 13,532 | 409,884 |
Ingles Markets, Inc., Class A | 5,880 | 547,546 |
Nu Skin Enterprises, Inc., Class A | 10,042 | 428,191 |
Performance Food Group Co. * | 12,380 | 609,715 |
PetMed Express, Inc. (a) | 16,728 | 366,343 |
PLBY Group, Inc. * (a) | 28,991 | 256,280 |
Rite Aid Corp. * (a) | 46,404 | 295,594 |
SpartanNash Co. | 18,024 | 617,863 |
Sprouts Farmers Market, Inc. * | 16,042 | 478,052 |
United Natural Foods, Inc. * | 13,122 | 563,328 |
Veru, Inc. * | 44,456 | 521,024 |
WD-40 Co. (a) | 2,440 | 448,911 |
7,093,660 | ||
Personal Goods — 0.8% | ||
Movado Group, Inc. | 5,140 | 184,886 |
Oxford Industries, Inc. | 4,638 | 415,565 |
Signet Jewelers Ltd. (a) | 8,398 | 589,539 |
Steven Madden Ltd. | 8,746 | 359,111 |
Vera Bradley, Inc. * | 7,309 | 44,950 |
1,594,051 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 3.4% | ||
Amphastar Pharmaceuticals, Inc. * | 6,105 | 216,544 |
ANI Pharmaceuticals, Inc. * | 3,645 | 107,564 |
Arcus Biosciences, Inc. * (a) | 6,796 | 164,531 |
Arrowhead Pharmaceuticals, Inc. * | 10,307 | 423,721 |
Arvinas, Inc. * | 5,907 | 324,708 |
Castle Biosciences, Inc. * | 4,779 | 106,763 |
Catalyst Pharmaceuticals, Inc. * | 35,606 | 271,318 |
Codexis, Inc. * | 3,583 | 43,103 |
Collegium Pharmaceutical, Inc. * | 13,512 | 217,543 |
Corcept Therapeutics, Inc. * | 13,236 | 284,706 |
Eagle Pharmaceuticals, Inc. * | 2,608 | 115,091 |
Emergent BioSolutions, Inc. * | 5,129 | 166,077 |
Halozyme Therapeutics, Inc. * | 10,370 | 413,763 |
Heska Corp. * (a) | 1,319 | 144,879 |
Innoviva, Inc. * (a) | 24,714 | 421,621 |
Kodiak Sciences, Inc. * | 6,185 | 37,234 |
Ligand Pharmaceuticals, Inc. * | 2,199 | 204,199 |
Medpace Holdings, Inc. * | 3,340 | 446,124 |
Myriad Genetics, Inc. * | 8,297 | 170,088 |
Pacific Biosciences of California, Inc. * (a) | 28,353 | 179,758 |
Pacira BioSciences, Inc. * | 8,004 | 596,858 |
PDL BioPharma, Inc. ‡ * | 22,361 | 55,232 |
INVESTMENTS | SHARES | VALUE ($) |
Pharmaceuticals, Biotechnology & Marijuana Producers — continued | ||
Prestige Consumer Healthcare, Inc. * | 9,519 | 520,309 |
Prothena Corp. plc (Ireland) * | 13,300 | 387,828 |
Supernus Pharmaceuticals, Inc. * | 14,130 | 394,227 |
Travere Therapeutics, Inc. * (a) | 8,405 | 211,218 |
Vanda Pharmaceuticals, Inc. * | 15,544 | 154,196 |
Xencor, Inc. * | 5,144 | 128,497 |
6,907,700 | ||
Precious Metals & Mining — 0.3% | ||
Hecla Mining Co. | 95,437 | 497,227 |
Real Estate Investment & Services — 1.1% | ||
Cushman & Wakefield plc * | 15,674 | 280,564 |
Douglas Elliman, Inc. | 30,847 | 186,933 |
eXp World Holdings, Inc. (a) | 17,171 | 229,920 |
Kennedy-Wilson Holdings, Inc. | 14,993 | 338,092 |
Newmark Group, Inc., Class A | 39,032 | 474,239 |
Realogy Holdings Corp. * | 37,505 | 411,055 |
St. Joe Co. (The) | 6,955 | 370,075 |
2,290,878 | ||
Real Estate Investment Trusts — 9.1% | ||
Agree Realty Corp. | 7,922 | 538,062 |
American Assets Trust, Inc. | 5,388 | 197,201 |
Apartment Investment and Management Co., Class A * | 35,673 | 224,740 |
Ares Commercial Real Estate Corp. | 8,818 | 132,887 |
Brandywine Realty Trust | 20,064 | 234,147 |
Broadstone Net Lease, Inc. | 29,605 | 612,528 |
CareTrust REIT, Inc. | 21,154 | 342,906 |
Centerspace | 3,015 | 278,164 |
Community Healthcare Trust, Inc. | 3,570 | 131,447 |
DiamondRock Hospitality Co. * | 9,931 | 105,467 |
DigitalBridge Group, Inc. * | 73,979 | 514,894 |
Easterly Government Properties, Inc. | 8,838 | 168,364 |
EastGroup Properties, Inc. | 3,330 | 624,375 |
Essential Properties Realty Trust, Inc. | 20,543 | 493,032 |
Four Corners Property Trust, Inc. | 16,751 | 459,983 |
GEO Group, Inc. (The) * (a) | 81,159 | 529,968 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 9,783 | 391,222 |
Healthcare Realty Trust, Inc. (a) | 17,389 | 470,894 |
Independence Realty Trust, Inc. | 24,638 | 671,632 |
Industrial Logistics Properties Trust | 6,772 | 109,436 |
Innovative Industrial Properties, Inc. | 2,763 | 399,502 |
Kite Realty Group Trust | 28,887 | 644,180 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 203 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Real Estate Investment Trusts — continued | ||
LTC Properties, Inc. | 10,286 | 339,438 |
LXP Industrial Trust | 41,156 | 516,508 |
Macerich Co. (The) (a) | 30,727 | 385,624 |
National Health Investors, Inc. | 6,846 | 352,774 |
National Storage Affiliates Trust | 10,282 | 581,961 |
NexPoint Residential Trust, Inc. | 1,600 | 142,656 |
Office Properties Income Trust | 8,412 | 181,868 |
Pebblebrook Hotel Trust | 23,520 | 574,358 |
Physicians Realty Trust | 28,945 | 496,117 |
Piedmont Office Realty Trust, Inc., Class A | 26,512 | 426,843 |
PotlatchDeltic Corp. | 11,806 | 653,934 |
PS Business Parks, Inc. | 3,856 | 721,843 |
Retail Opportunity Investments Corp. | 25,539 | 475,792 |
RPT Realty | 19,136 | 254,318 |
Sabra Health Care REIT, Inc. | 30,128 | 351,895 |
SITE Centers Corp. | 30,733 | 488,655 |
STAG Industrial, Inc. | 16,161 | 603,129 |
Summit Hotel Properties, Inc. * | 18,768 | 185,240 |
Tanger Factory Outlet Centers, Inc. (a) | 33,187 | 535,306 |
Terreno Realty Corp. | 9,214 | 670,319 |
Uniti Group, Inc. | 33,531 | 415,449 |
Urban Edge Properties | 20,674 | 386,397 |
Washington (a) | 12,070 | 290,766 |
Xenia Hotels & Resorts, Inc. * | 358 | 6,906 |
18,313,127 | ||
Renewable Energy — 0.4% | ||
Arcosa, Inc. | 10,162 | 543,972 |
Green Plains, Inc. * | 3,813 | 107,031 |
REX American Resources Corp. * | 2,649 | 224,185 |
875,188 | ||
Retailers — 3.4% | ||
Abercrombie & Fitch Co., Class A * | 22,664 | 783,721 |
America's Car-Mart, Inc. * | 1,365 | 110,360 |
Asbury Automotive Group, Inc. * | 890 | 163,502 |
Big 5 Sporting Goods Corp. (a) | 25,959 | 375,627 |
Big Lots, Inc. | 6,574 | 203,137 |
BJ's Wholesale Club Holdings, Inc. * | 8,512 | 547,747 |
Buckle, Inc. (The) | 15,915 | 494,320 |
Caleres, Inc. | 1,855 | 42,535 |
Citi Trends, Inc. * (a) | 5,490 | 153,555 |
Dillard's, Inc., Class A (a) | 2,420 | 735,220 |
Genesco, Inc. * | 5,612 | 348,112 |
Global Industrial Co. | 1,113 | 34,347 |
INVESTMENTS | SHARES | VALUE ($) |
Retailers — continued | ||
Group 1 Automotive, Inc. | 2,094 | 364,649 |
Haverty Furniture Cos., Inc. (a) | 11,576 | 287,432 |
Hibbett, Inc. | 4,966 | 214,432 |
LL Flooring Holdings, Inc. * | 11,105 | 153,360 |
Macy's, Inc. | 17,545 | 424,063 |
ODP Corp. (The) * | 6,314 | 271,692 |
PriceSmart, Inc. | 1,232 | 97,883 |
Shoe Carnival, Inc. | 17,113 | 516,642 |
Sportsman's Warehouse Holdings, Inc. * | 4,174 | 40,112 |
Zumiez, Inc. * | 11,410 | 417,948 |
6,780,396 | ||
Software & Computer Services — 4.1% | ||
Agilysys, Inc. * | 5,625 | 207,056 |
Alarm.com Holdings, Inc. * | 2,069 | 126,375 |
Appfolio, Inc., Class A * (a) | 1,597 | 165,864 |
Avid Technology, Inc. * | 8,710 | 276,194 |
Blackline, Inc. * | 1,679 | 112,577 |
Cerence, Inc. * | 7,740 | 228,330 |
ChannelAdvisor Corp. * | 19,053 | 276,459 |
Consensus Cloud Solutions, Inc. * | 1,670 | 88,042 |
CoreCard Corp. * | 1,566 | 35,689 |
CSG Systems International, Inc. | 7,699 | 473,258 |
MicroStrategy, Inc., Class A * (a) | 1,154 | 408,712 |
Mimecast Ltd. * | 5,059 | 403,101 |
Mitek Systems, Inc. * | 8,737 | 97,592 |
NetScout Systems, Inc. * | 12,001 | 369,631 |
OneSpan, Inc. * | 9,727 | 137,443 |
Perficient, Inc. * | 5,334 | 530,253 |
Progress Software Corp. | 10,500 | 503,790 |
Qualys, Inc. * | 4,742 | 646,240 |
Sailpoint Technologies Holdings, Inc. * | 3,704 | 236,426 |
Sapiens International Corp. NV (Israel) * | 3,830 | 89,009 |
Shutterstock, Inc. | 6,513 | 493,164 |
Simulations Plus, Inc. (a) | 4,946 | 230,780 |
SPS Commerce, Inc. * | 5,068 | 606,285 |
Verint Systems, Inc. * | 8,112 | 442,591 |
VirnetX Holding Corp. * (a) | 8,847 | 12,563 |
Workiva, Inc. * | 5,738 | 553,774 |
Ziff Davis, Inc. * | 5,568 | 491,989 |
8,243,187 | ||
Technology Hardware & Equipment — 7.4% | ||
Advanced Energy Industries, Inc. | 5,710 | 436,929 |
Alpha & Omega Semiconductor Ltd. * | 9,094 | 390,133 |
204 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Technology Hardware & Equipment — continued | ||
Amkor Technology, Inc. | 25,742 | 484,207 |
Axcelis Technologies, Inc. * | 10,543 | 574,066 |
Benchmark Electronics, Inc. | 7,303 | 173,519 |
CEVA, Inc. * | 4,513 | 164,002 |
CMC Materials, Inc. | 3,668 | 656,242 |
Cohu, Inc. * | 11,281 | 299,623 |
CTS Corp. | 5,027 | 177,805 |
Daktronics, Inc. * | 7,070 | 23,685 |
Diodes, Inc. * | 6,755 | 493,318 |
Fabrinet (Thailand) * | 4,665 | 458,056 |
FormFactor, Inc. * | 15,429 | 587,999 |
Ichor Holdings Ltd. * | 9,876 | 287,490 |
Insight Enterprises, Inc. * | 6,232 | 619,274 |
Kulicke & Soffa Industries, Inc. (Singapore) (a) | 9,380 | 435,326 |
Lattice Semiconductor Corp. * | 10,373 | 498,319 |
MaxLinear, Inc. * | 11,134 | 532,985 |
Methode Electronics, Inc. | 8,755 | 390,561 |
NeoPhotonics Corp. * | 39,603 | 599,589 |
Novanta, Inc. * | 3,245 | 417,631 |
Onto Innovation, Inc. * | 8,024 | 570,827 |
PC Connection, Inc. | 2,588 | 128,080 |
Photronics, Inc. * | 21,904 | 328,341 |
Plexus Corp. * | 4,555 | 369,593 |
Power Integrations, Inc. | 7,063 | 565,040 |
Rambus, Inc. * | 23,195 | 577,787 |
Rogers Corp. * | 957 | 259,079 |
ScanSource, Inc. * | 5,011 | 171,577 |
Semtech Corp. * | 7,486 | 446,166 |
SiTime Corp. * | 2,526 | 425,808 |
SMART Global Holdings, Inc. * | 11,527 | 261,202 |
Super Micro Computer, Inc. * | 1,791 | 75,401 |
Synaptics, Inc. * | 2,597 | 385,499 |
TTM Technologies, Inc. * | 20,909 | 291,681 |
Ultra Clean Holdings, Inc. * | 14,371 | 447,944 |
Vishay Intertechnology, Inc. | 20,469 | 381,337 |
Xperi Holding Corp. | 23,540 | 367,224 |
14,753,345 | ||
Telecommunications Equipment — 2.9% | ||
ADTRAN, Inc. | 23,666 | 411,552 |
Aviat Networks, Inc. * | 7,603 | 227,330 |
Calix, Inc. * | 11,394 | 454,734 |
Cambium Networks Corp. * | 16,707 | 255,116 |
Clearfield, Inc. * | 5,227 | 304,368 |
INVESTMENTS | SHARES | VALUE ($) |
Telecommunications Equipment — continued | ||
Comtech Telecommunications Corp. | 11,385 | 154,836 |
EchoStar Corp., Class A * | 23,472 | 548,071 |
Extreme Networks, Inc. * | 55,029 | 528,278 |
Harmonic, Inc. * | 49,402 | 410,037 |
Infinera Corp. * (a) | 50,629 | 389,337 |
InterDigital, Inc. | 7,916 | 450,025 |
NETGEAR, Inc. * (a) | 12,284 | 266,563 |
Plantronics, Inc. * | 17,976 | 716,523 |
Ribbon Communications, Inc. * | 1,005 | 3,467 |
Telesat Corp. (Canada) * (a) | 5,411 | 60,820 |
Viavi Solutions, Inc. * | 40,825 | 585,430 |
5,766,487 | ||
Telecommunications Service Providers — 2.6% | ||
Anterix, Inc. * | 2,517 | 130,481 |
Cogent Communications Holdings, Inc. | 8,889 | 520,006 |
Consolidated Communications Holdings, Inc. * | 65,524 | 389,868 |
Globalstar, Inc. * (a) | 415,863 | 482,401 |
Gogo, Inc. * (a) | 36,369 | 669,553 |
IDT Corp., Class B * | 15,937 | 422,012 |
Iridium Communications, Inc. * | 16,170 | 577,431 |
Liberty Latin America Ltd., Class C (Chile) * | 42,730 | 394,825 |
Shenandoah Telecommunications Co. | 19,040 | 384,608 |
Telephone and Data Systems, Inc. (a) | 24,086 | 441,256 |
Vonage Holdings Corp. * (a) | 31,430 | 627,343 |
WideOpenWest, Inc. * | 10,279 | 206,094 |
5,245,878 | ||
Tobacco — 0.8% | ||
22nd Century Group, Inc. * (a) | 107,736 | 205,776 |
Turning Point Brands, Inc. | 11,557 | 362,774 |
Universal Corp. | 7,620 | 440,817 |
Vector Group Ltd. | 44,506 | 566,116 |
1,575,483 | ||
Travel & Leisure — 0.1% | ||
Biglari Holdings, Inc., Class B * | 106 | 14,458 |
Chuy's Holdings, Inc. * | 1,221 | 30,537 |
El Pollo Loco Holdings, Inc. * | 2,838 | 30,225 |
Ruth's Hospitality Group, Inc. | 2,357 | 49,426 |
124,646 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 205 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Waste & Disposal Services — 0.3% | ||
Casella Waste Systems, Inc., Class A * | 6,049 | 497,470 |
Total Common Stocks (Cost $198,558,611) | 200,340,120 | |
INVESTMENTS | NO. OF RIGHTS | VALUE ($) |
Rights—0.0% ^ | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 0.0% ^ | ||
Achillion Pharmaceuticals, Inc., CVR ‡ *(Cost $—(b)) | 12,757 | 6,378 |
Investments | Shares | Value ($) |
Short-Term Investments — 8.2% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d)(Cost $96,528) | 96,528 | 96,528 |
Investment of Cash Collateral from Securities Loaned — 8.1% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (c) (d) | 13,345,264 | 13,335,922 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (c) (d) | 2,980,846 | 2,980,846 |
Total Investment of Cash Collateral from Securities Loaned (Cost $16,318,337) | 16,316,768 | |
Total Short-Term Investments (Cost $16,414,865) | 16,413,296 | |
Total Investments — 108.0% (Cost $214,973,476) | 216,759,794 | |
Liabilities in Excess of Other Assets — (8.0)% | (16,121,816) | |
NET ASSETS — 100.0% | 200,637,978 | |
Percentages indicated are based on net assets. |
Abbreviations | |
CVR | Contingent Value Rights |
REIT | Real Estate Investment Trust |
^ | Amount rounds to less than 0.1% of net assets. |
‡ | Value determined using significant unobservable inputs. | |
* | Non-income producing security. | |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $15,285,821. | |
(b) | Value is zero. | |
(c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. | |
(d) | The rate shown is the current yield as of April 30, 2022. |
206 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Russell 2000 E-mini Index | 2 | 06/17/2022 | USD | 186,190 | (4,769) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 207 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — 97.3% | ||
Australia — 1.0% | ||
IDP Education Ltd. | 30,556 | 566,857 |
Brazil — 1.1% | ||
MercadoLibre, Inc. * | 682 | 664,016 |
Canada — 3.3% | ||
Canadian National Railway Co. | 12,684 | 1,491,689 |
Shopify, Inc., Class A * | 1,065 | 455,571 |
1,947,260 | ||
China — 7.8% | ||
Kingdee International Software Group Co. Ltd. * | 264,000 | 538,717 |
NXP Semiconductors NV | 2,790 | 476,811 |
Silergy Corp. | 8,000 | 712,260 |
Tencent Holdings Ltd. | 46,400 | 2,186,594 |
Wuxi Biologics Cayman, Inc. * (a) | 94,500 | 697,487 |
4,611,869 | ||
Denmark — 6.4% | ||
Coloplast A/S, Class B | 5,981 | 805,813 |
Genmab A/S * | 2,271 | 798,578 |
Novo Nordisk A/S, Class B | 19,140 | 2,186,291 |
3,790,682 | ||
France — 6.4% | ||
L'Oreal SA | 4,568 | 1,661,884 |
LVMH Moet Hennessy Louis Vuitton SE | 3,252 | 2,104,484 |
3,766,368 | ||
Germany — 5.2% | ||
adidas AG | 4,968 | 1,001,843 |
Sartorius AG (Preference) | 1,697 | 636,255 |
Symrise AG | 8,650 | 1,029,301 |
Zalando SE * (a) | 10,070 | 396,217 |
3,063,616 | ||
Hong Kong — 5.8% | ||
AIA Group Ltd. | 165,400 | 1,624,850 |
Hong Kong Exchanges & Clearing Ltd. | 26,200 | 1,111,377 |
Techtronic Industries Co. Ltd. | 49,000 | 654,057 |
3,390,284 | ||
India — 1.0% | ||
HDFC Bank Ltd., ADR | 10,743 | 593,121 |
Indonesia — 1.7% | ||
Bank Central Asia Tbk. PT | 1,744,700 | 978,553 |
Japan — 11.1% | ||
Daikin Industries Ltd. | 5,400 | 825,215 |
INVESTMENTS | SHARES | VALUE($) |
Japan — continued | ||
Hoya Corp. | 9,700 | 962,649 |
Keyence Corp. | 3,400 | 1,366,814 |
Kyowa Kirin Co. Ltd. | 29,000 | 611,226 |
Shin-Etsu Chemical Co. Ltd. | 5,700 | 783,377 |
Sony Group Corp. | 16,300 | 1,406,708 |
Sysmex Corp. | 8,700 | 570,699 |
6,526,688 | ||
Netherlands — 6.7% | ||
Adyen NV * (a) | 529 | 887,288 |
Argenx SE * | 2,390 | 688,580 |
ASML Holding NV | 4,188 | 2,376,851 |
3,952,719 | ||
Singapore — 1.5% | ||
DBS Group Holdings Ltd. | 37,200 | 902,496 |
South Africa — 1.0% | ||
Anglo American plc | 13,631 | 603,730 |
South Korea — 0.8% | ||
Delivery Hero SE * (a) | 12,643 | 444,439 |
Sweden — 3.0% | ||
Assa Abloy AB, Class B | 34,616 | 874,821 |
Atlas Copco AB, Class A | 19,174 | 869,289 |
1,744,110 | ||
Switzerland — 12.2% | ||
Lonza Group AG (Registered) | 1,576 | 929,264 |
Nestle SA (Registered) | 21,994 | 2,839,295 |
Partners Group Holding AG | 595 | 630,401 |
Roche Holding AG | 5,978 | 2,216,726 |
Straumann Holding AG (Registered) | 4,910 | 578,848 |
7,194,534 | ||
Taiwan — 5.7% | ||
Sea Ltd., ADR * | 6,716 | 555,816 |
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 30,366 | 2,821,912 |
3,377,728 | ||
United Kingdom — 12.9% | ||
Allfunds Group plc | 68,760 | 589,446 |
Diageo plc | 39,812 | 1,986,174 |
Intertek Group plc | 14,394 | 896,962 |
Linde plc | 4,233 | 1,327,628 |
London Stock Exchange Group plc | 9,453 | 931,988 |
208 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE($) |
Common Stocks — continued | ||
United Kingdom — continued | ||
Oxford Nanopore Technologies plc * | 82,654 | 314,721 |
RELX plc | 51,872 | 1,546,202 |
7,593,121 | ||
United States — 2.7% | ||
Cadence Design Systems, Inc. * | 5,419 | 817,456 |
EPAM Systems, Inc. * | 1,094 | 289,899 |
Unity Software, Inc. * | 6,777 | 450,061 |
1,557,416 | ||
Total Common Stocks (Cost $61,837,165) | 57,269,607 | |
Short-Term Investments — 2.8% | ||
Investment Companies — 2.8% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $1,633,814) | 1,633,814 | 1,633,814 |
Total Investments — 100.1% (Cost $63,470,979) | 58,903,421 | |
Liabilities in Excess of Other Assets — (0.1)% | (77,225) | |
NET ASSETS — 100.0% | 58,826,196 | |
Percentages indicated are based on net assets. |
Abbreviations | |
ADR | American Depositary Receipt |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
PT | Limited liability company |
* | Non-income producing security. |
(a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
INDUSTRY | PERCENT OF TOTAL INVESTMENTS |
Semiconductors & Semiconductor Equipment | 10.8% |
Pharmaceuticals | 8.5 |
Health Care Equipment & Supplies | 6.1 |
Capital Markets | 5.6 |
Chemicals | 5.3 |
Textiles, Apparel & Luxury Goods | 5.3 |
Food Products | 4.8 |
Banks | 4.2 |
Professional Services | 4.1 |
Interactive Media & Services | 3.7 |
Beverages | 3.4 |
Life Sciences Tools & Services | 3.3 |
Software | 3.0 |
Building Products | 2.9 |
Personal Products | 2.8 |
IT Services | 2.8 |
Insurance | 2.8 |
Machinery | 2.6 |
Internet & Direct Marketing Retail | 2.6 |
Road & Rail | 2.5 |
Biotechnology | 2.5 |
Household Durables | 2.4 |
Electronic Equipment, Instruments & Components | 2.3 |
Metals & Mining | 1.0 |
Diversified Consumer Services | 1.0 |
Entertainment | 0.9 |
Short-Term Investments | 2.8 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 209 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.7% | ||
Aerospace & Defense — 0.6% | ||
Lockheed Martin Corp. | 847 | 366,006 |
Automobiles & Parts — 0.3% | ||
Genuine Parts Co. | 1,713 | 222,776 |
Banks — 1.9% | ||
Comerica, Inc. | 2,101 | 172,072 |
First Horizon Corp. | 11,183 | 250,275 |
FNB Corp. | 3,931 | 45,285 |
Huntington Bancshares, Inc. | 17,978 | 236,411 |
New York Community Bancorp, Inc. (a) | 26,494 | 244,805 |
PacWest Bancorp | 7,937 | 261,048 |
1,209,896 | ||
Beverages — 2.0% | ||
Coca-Cola Co. (The) | 6,210 | 401,228 |
Constellation Brands, Inc., Class A | 80 | 19,687 |
Keurig Dr Pepper, Inc. | 9,997 | 373,888 |
Molson Coors Beverage Co., Class B | 1,448 | 78,395 |
PepsiCo, Inc. | 2,345 | 402,660 |
1,275,858 | ||
Chemicals — 5.2% | ||
Celanese Corp. | 923 | 135,626 |
CF Industries Holdings, Inc. | 4,257 | 412,205 |
Chemours Co. (The) | 12,060 | 398,824 |
Dow, Inc. | 6,604 | 439,166 |
Eastman Chemical Co. | 3,194 | 327,928 |
Huntsman Corp. | 10,255 | 347,337 |
International Flavors & Fragrances, Inc. | 1,593 | 193,231 |
LyondellBasell Industries NV, Class A | 3,922 | 415,850 |
NewMarket Corp. | 119 | 38,629 |
Olin Corp. | 8,150 | 467,810 |
Scotts Miracle-Gro Co. (The) | 421 | 43,754 |
Valvoline, Inc. | 2,943 | 88,967 |
3,309,327 | ||
Construction & Materials — 0.4% | ||
MDU Resources Group, Inc. | 10,264 | 264,401 |
Consumer Services — 0.4% | ||
H&R Block, Inc. | 10,742 | 280,044 |
Electricity — 13.7% | ||
AES Corp. (The) | 14,847 | 303,176 |
Alliant Energy Corp. | 5,647 | 332,100 |
American Electric Power Co., Inc. | 4,034 | 399,810 |
Avangrid, Inc. (a) | 4,601 | 204,054 |
CMS Energy Corp. | 5,220 | 358,562 |
INVESTMENTS | SHARES | VALUE ($) |
Electricity — continued | ||
Consolidated Edison, Inc. | 4,323 | 400,915 |
Constellation Energy Corp. | 2,138 | 126,591 |
Dominion Energy, Inc. | 4,699 | 383,626 |
DTE Energy Co. | 3,039 | 398,230 |
Edison International | 5,923 | 407,443 |
Entergy Corp. | 3,462 | 411,459 |
Evergy, Inc. | 6,097 | 413,681 |
Eversource Energy | 3,771 | 329,585 |
Exelon Corp. | 8,774 | 410,448 |
FirstEnergy Corp. | 9,060 | 392,388 |
Hawaiian Electric Industries, Inc. | 5,233 | 215,129 |
IDACORP, Inc. | 1,840 | 193,531 |
NRG Energy, Inc. | 10,344 | 371,350 |
OGE Energy Corp. | 8,407 | 325,183 |
Pinnacle West Capital Corp. | 5,219 | 371,593 |
PPL Corp. | 14,687 | 415,789 |
Public Service Enterprise Group, Inc. | 5,748 | 400,406 |
Southern Co. (The) | 5,748 | 421,846 |
Vistra Corp. | 17,259 | 431,820 |
Xcel Energy, Inc. | 4,550 | 333,333 |
8,752,048 | ||
Electronic & Electrical Equipment — 1.1% | ||
Emerson Electric Co. | 3,703 | 333,936 |
Hubbell, Inc. | 1,830 | 357,509 |
691,445 | ||
Finance & Credit Services — 0.5% | ||
OneMain Holdings, Inc. | 6,567 | 301,622 |
Food Producers — 9.2% | ||
Archer-Daniels-Midland Co. | 4,690 | 420,036 |
Bunge Ltd. | 3,585 | 405,535 |
Campbell Soup Co. | 8,531 | 402,834 |
Conagra Brands, Inc. | 11,295 | 394,534 |
Flowers Foods, Inc. | 11,907 | 315,774 |
General Mills, Inc. | 5,705 | 403,515 |
Hershey Co. (The) | 1,790 | 404,128 |
Hormel Foods Corp. | 7,513 | 393,606 |
Ingredion, Inc. | 2,813 | 239,414 |
J M Smucker Co. (The) | 2,903 | 397,508 |
Kellogg Co. | 5,982 | 409,767 |
Kraft Heinz Co. (The) | 9,755 | 415,856 |
Lamb Weston Holdings, Inc. | 2,882 | 190,500 |
McCormick & Co., Inc. (Non-Voting) | 3,335 | 335,401 |
210 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Food Producers — continued | ||
Mondelez International, Inc., Class A | 6,089 | 392,619 |
Tyson Foods, Inc., Class A | 4,155 | 387,080 |
5,908,107 | ||
Gas, Water & Multi-utilities — 4.6% | ||
Ameren Corp. | 3,619 | 336,205 |
Atmos Energy Corp. | 1,535 | 174,069 |
CenterPoint Energy, Inc. | 5,158 | 157,886 |
Duke Energy Corp. | 3,691 | 406,601 |
National Fuel Gas Co. | 4,114 | 288,515 |
NiSource, Inc. | 12,746 | 371,164 |
Sempra Energy | 2,557 | 412,597 |
UGI Corp. | 10,693 | 366,770 |
WEC Energy Group, Inc. | 4,107 | 410,905 |
2,924,712 | ||
General Industrials — 3.1% | ||
3M Co. | 2,209 | 318,582 |
Amcor plc | 17,816 | 211,298 |
Eaton Corp. plc | 2,331 | 338,041 |
Packaging Corp. of America | 2,498 | 402,603 |
RPM International, Inc. | 1,418 | 117,552 |
Sonoco Products Co. | 4,823 | 298,592 |
Westrock Co. | 6,689 | 331,306 |
2,017,974 | ||
Health Care Providers — 1.1% | ||
Encompass Health Corp. | 4,427 | 304,710 |
UnitedHealth Group, Inc. | 778 | 395,652 |
700,362 | ||
Household Goods & Home Construction — 1.0% | ||
Leggett & Platt, Inc. | 7,150 | 254,754 |
Newell Brands, Inc. | 11,545 | 267,267 |
Whirlpool Corp. | 844 | 153,203 |
675,224 | ||
Industrial Engineering — 0.7% | ||
Caterpillar, Inc. | 906 | 190,749 |
Cummins, Inc. | 1,430 | 270,542 |
461,291 | ||
Industrial Materials — 0.7% | ||
International Paper Co. | 9,203 | 425,915 |
Industrial Metals & Mining — 2.0% | ||
Fastenal Co. | 2,915 | 161,228 |
Reliance Steel & Aluminum Co. | 1,223 | 242,460 |
INVESTMENTS | SHARES | VALUE ($) |
Industrial Metals & Mining — continued | ||
Southern Copper Corp. (Peru) | 5,073 | 315,896 |
Steel Dynamics, Inc. | 5,021 | 430,551 |
Timken Co. (The) | 1,765 | 101,734 |
1,251,869 | ||
Industrial Support Services — 1.2% | ||
MSC Industrial Direct Co., Inc., Class A | 618 | 51,207 |
Paychex, Inc. | 3,026 | 383,485 |
Western Union Co. (The) | 18,243 | 305,753 |
740,445 | ||
Industrial Transportation — 1.1% | ||
PACCAR, Inc. | 1,793 | 148,909 |
Ryder System, Inc. | 3,197 | 223,470 |
United Parcel Service, Inc., Class B | 1,849 | 332,783 |
705,162 | ||
Investment Banking & Brokerage Services — 1.1% | ||
Apollo Global Management, Inc. | 2,162 | 107,581 |
Franklin Resources, Inc. | 5,183 | 127,450 |
Invesco Ltd. | 15,494 | 284,780 |
Lazard Ltd., Class A | 5,091 | 166,832 |
686,643 | ||
Leisure Goods — 0.7% | ||
Garmin Ltd. | 1,220 | 133,883 |
Harley-Davidson, Inc. | 4,599 | 167,633 |
Hasbro, Inc. | 1,360 | 119,762 |
421,278 | ||
Life Insurance — 1.1% | ||
Principal Financial Group, Inc. | 2,444 | 166,534 |
Prudential Financial, Inc. | 3,651 | 396,170 |
Unum Group | 3,769 | 115,030 |
677,734 | ||
Media — 0.6% | ||
Nielsen Holdings plc | 2,507 | 67,213 |
Omnicom Group, Inc. | 4,172 | 317,614 |
384,827 | ||
Medical Equipment & Services — 1.9% | ||
Abbott Laboratories | 2,875 | 326,312 |
Becton Dickinson and Co. | 1,163 | 287,482 |
Embecta Corp. * | 229 | 6,968 |
Medtronic plc | 2,882 | 300,766 |
Quest Diagnostics, Inc. | 2,246 | 300,605 |
1,222,133 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 211 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Mortgage Real Estate Investment Trusts — 1.8% | ||
AGNC Investment Corp. | 22,374 | 245,667 |
Annaly Capital Management, Inc. | 45,912 | 294,755 |
New Residential Investment Corp. | 30,660 | 318,864 |
Starwood Property Trust, Inc. | 13,923 | 318,558 |
1,177,844 | ||
Non-life Insurance — 1.1% | ||
Old Republic International Corp. | 14,724 | 324,075 |
Progressive Corp. (The) | 3,579 | 384,242 |
708,317 | ||
Non-Renewable Energy — 5.2% | ||
Antero Midstream Corp. | 33,235 | 341,323 |
Chevron Corp. | 2,447 | 383,371 |
Exxon Mobil Corp. | 4,622 | 394,025 |
HF Sinclair Corp. * | 38 | 1,445 |
Kinder Morgan, Inc. | 19,094 | 346,556 |
ONEOK, Inc. | 5,678 | 359,588 |
Phillips 66 | 4,609 | 399,877 |
Targa Resources Corp. | 2,983 | 218,982 |
Valero Energy Corp. | 4,518 | 503,667 |
Williams Cos., Inc. (The) | 11,606 | 397,970 |
3,346,804 | ||
Personal Care, Drug & Grocery Stores — 5.2% | ||
AmerisourceBergen Corp. | 751 | 113,619 |
Clorox Co. (The) | 2,686 | 385,361 |
Colgate-Palmolive Co. | 5,023 | 387,022 |
CVS Health Corp. | 3,695 | 355,200 |
Kimberly-Clark Corp. | 3,010 | 417,878 |
Kroger Co. (The) | 6,431 | 347,017 |
Procter & Gamble Co. (The) | 2,506 | 402,338 |
Spectrum Brands Holdings, Inc. | 2,138 | 181,880 |
Sysco Corp. | 4,573 | 390,900 |
Walgreens Boots Alliance, Inc. | 8,146 | 345,390 |
3,326,605 | ||
Personal Goods — 0.4% | ||
Hanesbrands, Inc. (a) | 18,468 | 244,886 |
Pharmaceuticals, Biotechnology & Marijuana Producers — 5.7% | ||
AbbVie, Inc. | 2,582 | 379,244 |
Amgen, Inc. | 1,507 | 351,417 |
Bristol-Myers Squibb Co. | 5,593 | 420,985 |
Cardinal Health, Inc. | 6,664 | 386,845 |
Eli Lilly & Co. | 1,030 | 300,894 |
Gilead Sciences, Inc. | 5,239 | 310,882 |
INVESTMENTS | SHARES | VALUE ($) |
Pharmaceuticals, Biotechnology & Marijuana Producers — continued | ||
Johnson & Johnson | 2,167 | 391,057 |
Merck & Co., Inc. | 4,398 | 390,059 |
Perrigo Co. plc | 7,880 | 270,284 |
Pfizer, Inc. | 6,736 | 330,536 |
Viatris, Inc. | 8,731 | 90,191 |
3,622,394 | ||
Precious Metals & Mining — 0.6% | ||
Newmont Corp. | 5,110 | 372,264 |
Real Estate Investment Trusts — 8.2% | ||
Brixmor Property Group, Inc. | 10,210 | 259,130 |
EPR Properties | 3,188 | 167,434 |
Gaming and Leisure Properties, Inc. | 6,574 | 291,754 |
Healthcare Trust of America, Inc., Class A | 3,354 | 102,163 |
Healthpeak Properties, Inc. | 8,789 | 288,367 |
Highwoods Properties, Inc. | 840 | 34,306 |
Iron Mountain, Inc. | 7,451 | 400,342 |
Kimco Realty Corp. | 13,330 | 337,649 |
Medical Properties Trust, Inc. | 18,969 | 348,840 |
National Retail Properties, Inc. | 6,827 | 299,296 |
Omega Healthcare Investors, Inc. | 13,734 | 349,942 |
Park Hotels & Resorts, Inc. | 3,224 | 63,545 |
Rayonier, Inc. | 6,238 | 269,482 |
Simon Property Group, Inc. | 2,534 | 299,012 |
SL Green Realty Corp. (a) | 1,983 | 137,263 |
Spirit Realty Capital, Inc. | 6,011 | 261,178 |
Ventas, Inc. | 1,450 | 80,547 |
VICI Properties, Inc. | 12,450 | 371,134 |
Vornado Realty Trust | 5,621 | 217,589 |
Welltower, Inc. | 3,094 | 280,966 |
WP Carey, Inc. | 4,805 | 388,100 |
5,248,039 | ||
Retailers — 0.7% | ||
Bath & Body Works, Inc. | 3,891 | 205,795 |
Foot Locker, Inc. | 2,091 | 61,287 |
Gap, Inc. (The) | 2,857 | 35,484 |
Kohl's Corp. | 2,541 | 147,073 |
449,639 | ||
Software & Computer Services — 1.1% | ||
Hewlett Packard Enterprise Co. | 23,025 | 354,815 |
International Business Machines Corp. | 2,559 | 338,326 |
693,141 |
212 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Technology Hardware & Equipment — 4.7% | ||
Analog Devices, Inc. | 2,131 | 328,984 |
Broadcom, Inc. | 650 | 360,353 |
Corning, Inc. | 4,247 | 149,452 |
HP, Inc. | 9,473 | 346,996 |
Intel Corp. | 6,716 | 292,750 |
KLA Corp. | 987 | 315,110 |
Microchip Technology, Inc. | 1,438 | 93,758 |
National Instruments Corp. | 1,097 | 39,646 |
NetApp, Inc. | 4,018 | 294,318 |
QUALCOMM, Inc. | 2,270 | 317,096 |
Texas Instruments, Inc. | 1,205 | 205,151 |
Xerox Holdings Corp. | 16,395 | 285,273 |
3,028,887 | ||
Telecommunications Equipment — 2.6% | ||
Arista Networks, Inc. * | 3,211 | 371,095 |
Ciena Corp. * | 650 | 35,861 |
Cisco Systems, Inc. | 6,879 | 336,933 |
Juniper Networks, Inc. | 11,377 | 358,603 |
Lumentum Holdings, Inc. * (a) | 408 | 33,134 |
Motorola Solutions, Inc. | 1,739 | 371,607 |
Ubiquiti, Inc. (a) | 532 | 150,157 |
1,657,390 | ||
Telecommunications Service Providers — 4.2% | ||
AT&T, Inc. | 16,294 | 307,305 |
Cable One, Inc. | 180 | 209,916 |
Charter Communications, Inc., Class A * | 588 | 251,952 |
Comcast Corp., Class A | 8,234 | 327,384 |
DISH Network Corp., Class A * (a) | 1,810 | 51,603 |
Liberty Broadband Corp., Class C * | 2,384 | 266,579 |
Lumen Technologies, Inc. | 36,827 | 370,480 |
Roku, Inc. * | 2,657 | 246,835 |
T-Mobile US, Inc. * | 2,780 | 342,329 |
Verizon Communications, Inc. | 7,054 | 326,600 |
2,700,983 | ||
Tobacco — 1.2% | ||
Altria Group, Inc. | 7,263 | 403,605 |
Philip Morris International, Inc. | 3,892 | 389,200 |
792,805 |
INVESTMENTS | SHARES | VALUE ($) |
Travel & Leisure — 0.8% | ||
Copa Holdings SA, Class A (Panama) * (a) | 1,783 | 134,385 |
Darden Restaurants, Inc. | 710 | 93,528 |
Six Flags Entertainment Corp. * | 3,216 | 123,076 |
Travel + Leisure Co. | 2,629 | 145,857 |
496,846 | ||
Total Common Stocks (Cost $62,644,819) | 63,743,943 | |
Short-Term Investments — 1.9% | ||
Investment Companies — 0.2% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $117,552) | 117,552 | 117,552 |
Investment of Cash Collateral from Securities Loaned — 1.7% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $1,118,762) | 1,118,762 | 1,118,762 |
Total Short-Term Investments (Cost $1,236,314) | 1,236,314 | |
Total Investments — 101.6% (Cost $63,881,133) | 64,980,257 | |
Liabilities in Excess of Other Assets — (1.6)% | (1,052,735) | |
NET ASSETS — 100.0% | 63,927,522 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $1,052,590. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 213 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 5 | 06/17/2022 | USD | 103,181 | (2,525) |
Abbreviations | |
USD | United States Dollar |
214 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 1.1% | ||
L3Harris Technologies, Inc. | 681 | 158,169 |
Lockheed Martin Corp. | 398 | 171,984 |
330,153 | ||
Automobiles & Parts — 0.6% | ||
Gentex Corp. | 2,694 | 79,069 |
Genuine Parts Co. | 813 | 105,731 |
184,800 | ||
Banks — 0.1% | ||
TFS Financial Corp. | 2,258 | 33,847 |
Beverages — 3.9% | ||
Brown-Forman Corp., Class B | 1,954 | 131,778 |
Coca-Cola Co. (The) | 2,976 | 192,279 |
Constellation Brands, Inc., Class A | 734 | 180,630 |
Keurig Dr Pepper, Inc. | 4,625 | 172,975 |
Molson Coors Beverage Co., Class B | 2,396 | 129,720 |
Monster Beverage Corp. * | 1,887 | 161,678 |
PepsiCo, Inc. | 1,120 | 192,315 |
1,161,375 | ||
Chemicals — 3.0% | ||
Air Products and Chemicals, Inc. | 658 | 154,018 |
Ashland Global Holdings, Inc. | 1,764 | 185,167 |
Celanese Corp. | 156 | 22,923 |
Ecolab, Inc. | 895 | 151,559 |
FMC Corp. | 428 | 56,727 |
International Flavors & Fragrances, Inc. | 1,215 | 147,380 |
NewMarket Corp. | 176 | 57,131 |
Scotts Miracle-Gro Co. (The) | 1,004 | 104,346 |
879,251 | ||
Consumer Services — 0.6% | ||
Rollins, Inc. | 817 | 27,402 |
Service Corp. International | 2,132 | 139,881 |
167,283 | ||
Electricity — 12.2% | ||
Alliant Energy Corp. | 2,912 | 171,255 |
American Electric Power Co., Inc. | 1,872 | 185,534 |
Avangrid, Inc. (a) | 2,369 | 105,065 |
Brookfield Renewable Corp. | 1,157 | 41,536 |
CMS Energy Corp. | 2,684 | 184,364 |
Consolidated Edison, Inc. | 2,019 | 187,242 |
Constellation Energy Corp. | 1,025 | 60,690 |
Dominion Energy, Inc. | 2,003 | 163,525 |
DTE Energy Co. | 1,277 | 167,338 |
INVESTMENTS | SHARES | VALUE ($) |
Electricity — continued | ||
Edison International | 2,540 | 174,727 |
Entergy Corp. | 1,362 | 161,874 |
Evergy, Inc. | 2,354 | 159,719 |
Eversource Energy | 1,745 | 152,513 |
Exelon Corp. | 3,404 | 159,239 |
FirstEnergy Corp. | 3,797 | 164,448 |
Hawaiian Electric Industries, Inc. | 1,743 | 71,655 |
IDACORP, Inc. | 886 | 93,189 |
NextEra Energy, Inc. | 2,063 | 146,514 |
NRG Energy, Inc. | 1,077 | 38,664 |
OGE Energy Corp. | 3,795 | 146,791 |
Pinnacle West Capital Corp. | 2,148 | 152,938 |
PPL Corp. | 5,664 | 160,348 |
Public Service Enterprise Group, Inc. | 2,684 | 186,967 |
Southern Co. (The) | 2,440 | 179,072 |
Xcel Energy, Inc. | 2,528 | 185,201 |
3,600,408 | ||
Electronic & Electrical Equipment — 0.5% | ||
Hubbell, Inc. | 235 | 45,910 |
Waters Corp. * | 302 | 91,512 |
137,422 | ||
Finance & Credit Services — 0.1% | ||
Morningstar, Inc. | 107 | 27,096 |
Food Producers — 9.5% | ||
Archer-Daniels-Midland Co. | 2,177 | 194,972 |
Bunge Ltd. | 1,660 | 187,779 |
Campbell Soup Co. | 3,588 | 169,425 |
Conagra Brands, Inc. | 4,853 | 169,515 |
Corteva, Inc. | 925 | 53,363 |
Flowers Foods, Inc. | 4,157 | 110,244 |
General Mills, Inc. | 2,645 | 187,081 |
Hain Celestial Group, Inc. (The) * | 2,051 | 68,791 |
Hershey Co. (The) | 846 | 191,001 |
Hormel Foods Corp. (a) | 3,471 | 181,846 |
Ingredion, Inc. | 1,636 | 139,240 |
J M Smucker Co. (The) | 1,279 | 175,134 |
Kellogg Co. | 2,374 | 162,619 |
Kraft Heinz Co. (The) | 4,396 | 187,402 |
McCormick & Co., Inc. (Non-Voting) | 1,585 | 159,403 |
Mondelez International, Inc., Class A | 2,800 | 180,544 |
Pilgrim's Pride Corp. * | 924 | 26,195 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 215 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Food Producers — continued | ||
Post Holdings, Inc. * | 1,293 | 96,186 |
Tyson Foods, Inc., Class A | 1,911 | 178,029 |
2,818,769 | ||
Gas, Water & Multi-utilities — 5.5% | ||
Ameren Corp. | 1,766 | 164,061 |
American Water Works Co., Inc. | 945 | 145,606 |
Atmos Energy Corp. | 1,539 | 174,523 |
CenterPoint Energy, Inc. | 1,124 | 34,406 |
Duke Energy Corp. | 1,733 | 190,907 |
Essential Utilities, Inc. | 2,957 | 132,355 |
National Fuel Gas Co. | 2,002 | 140,400 |
NiSource, Inc. | 5,759 | 167,702 |
Sempra Energy | 1,166 | 188,146 |
UGI Corp. | 3,758 | 128,899 |
WEC Energy Group, Inc. | 1,597 | 159,780 |
1,626,785 | ||
General Industrials — 1.5% | ||
3M Co. | 770 | 111,049 |
AptarGroup, Inc. | 500 | 57,415 |
PPG Industries, Inc. | 820 | 104,952 |
RPM International, Inc. | 1,492 | 123,687 |
Silgan Holdings, Inc. | 940 | 41,708 |
Sonoco Products Co. | 153 | 9,472 |
448,283 | ||
Health Care Providers — 2.4% | ||
Cerner Corp. | 1,923 | 180,070 |
Chemed Corp. | 179 | 87,959 |
DaVita, Inc. * | 1,104 | 119,640 |
Encompass Health Corp. | 1,980 | 136,283 |
IQVIA Holdings, Inc. * | 31 | 6,758 |
UnitedHealth Group, Inc. | 382 | 194,266 |
724,976 | ||
Household Goods & Home Construction — 0.5% | ||
Leggett & Platt, Inc. | 932 | 33,207 |
NVR, Inc. * | 25 | 109,405 |
142,612 | ||
Industrial Materials — 0.7% | ||
Avery Dennison Corp. | 798 | 144,119 |
International Paper Co. | 1,086 | 50,260 |
Sylvamo Corp. * | 93 | 4,152 |
198,531 |
INVESTMENTS | SHARES | VALUE ($) |
Industrial Metals & Mining — 1.0% | ||
Fastenal Co. | 2,796 | 154,647 |
Reliance Steel & Aluminum Co. | 669 | 132,629 |
287,276 | ||
Industrial Support Services — 0.9% | ||
Automatic Data Processing, Inc. | 715 | 155,999 |
Jack Henry & Associates, Inc. | 425 | 80,571 |
Verisk Analytics, Inc. | 190 | 38,770 |
275,340 | ||
Industrial Transportation — 1.0% | ||
Expeditors International of Washington, Inc. | 1,329 | 131,664 |
United Parcel Service, Inc., Class B | 876 | 157,663 |
289,327 | ||
Investment Banking & Brokerage Services — 0.8% | ||
Berkshire Hathaway, Inc., Class B * | 585 | 188,855 |
Broadridge Financial Solutions, Inc. | 238 | 34,303 |
223,158 | ||
Leisure Goods — 0.8% | ||
Electronic Arts, Inc. | 250 | 29,512 |
Garmin Ltd. | 1,054 | 115,666 |
Hasbro, Inc. | 232 | 20,430 |
Pool Corp. | 212 | 85,907 |
251,515 | ||
Medical Equipment & Services — 10.9% | ||
Abbott Laboratories | 1,437 | 163,099 |
Agilent Technologies, Inc. | 1,122 | 133,821 |
Baxter International, Inc. | 1,907 | 135,511 |
Becton Dickinson and Co. | 618 | 152,763 |
Bio-Rad Laboratories, Inc., Class A * | 257 | 131,599 |
Bio-Techne Corp. | 381 | 144,662 |
Boston Scientific Corp. * | 4,030 | 169,703 |
Cooper Cos., Inc. (The) | 385 | 139,000 |
Danaher Corp. | 604 | 151,683 |
Edwards Lifesciences Corp. * | 1,584 | 167,556 |
Embecta Corp. * | 124 | 3,773 |
Henry Schein, Inc. * | 1,858 | 150,684 |
Hologic, Inc. * | 1,085 | 78,109 |
IDEXX Laboratories, Inc. * | 285 | 122,687 |
Integra LifeSciences Holdings Corp. * | 691 | 42,262 |
Masimo Corp. * | 578 | 65,297 |
Medtronic plc | 1,424 | 148,609 |
PerkinElmer, Inc. | 991 | 145,290 |
QIAGEN NV * | 2,754 | 124,949 |
216 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Medical Equipment & Services — continued | ||
Quest Diagnostics, Inc. | 1,088 | 145,618 |
STERIS plc | 734 | 164,453 |
Stryker Corp. | 569 | 137,277 |
Teleflex, Inc. | 385 | 109,964 |
Thermo Fisher Scientific, Inc. | 297 | 164,217 |
West Pharmaceutical Services, Inc. | 414 | 130,435 |
�� | 3,223,021 | |
Mortgage Real Estate Investment Trusts — 0.2% | ||
AGNC Investment Corp. | 604 | 6,632 |
Annaly Capital Management, Inc. | 879 | 5,643 |
Starwood Property Trust, Inc. | 2,384 | 54,546 |
66,821 | ||
Non-life Insurance — 4.0% | ||
Allstate Corp. (The) | 1,356 | 171,588 |
American Financial Group, Inc. | 21 | 2,908 |
Aon plc, Class A | 219 | 63,070 |
Arch Capital Group Ltd. * | 1,541 | 70,377 |
Arthur J Gallagher & Co. | 894 | 150,630 |
Brown & Brown, Inc. | 2,625 | 162,697 |
Markel Corp. * | 63 | 85,257 |
Marsh & McLennan Cos., Inc. | 1,088 | 175,930 |
RenaissanceRe Holdings Ltd. (Bermuda) | 929 | 133,330 |
W R Berkley Corp. | 1,165 | 77,461 |
White Mountains Insurance Group Ltd. | 76 | 79,650 |
1,172,898 | ||
Non-Renewable Energy — 4.7% | ||
Baker Hughes Co. | 3,869 | 120,016 |
Cheniere Energy, Inc. | 1,298 | 176,281 |
Chevron Corp. | 1,182 | 185,184 |
Coterra Energy, Inc. | 6,882 | 198,133 |
Exxon Mobil Corp. | 2,227 | 189,852 |
Kinder Morgan, Inc. | 8,812 | 159,938 |
Phillips 66 | 2,153 | 186,794 |
Williams Cos., Inc. (The) | 5,380 | 184,480 |
1,400,678 | ||
Personal Care, Drug & Grocery Stores — 6.2% | ||
Albertsons Cos., Inc., Class A | 1,350 | 42,228 |
AmerisourceBergen Corp. | 1,230 | 186,087 |
Casey's General Stores, Inc. | 388 | 78,104 |
Church & Dwight Co., Inc. | 1,743 | 170,047 |
Clorox Co. (The) | 899 | 128,980 |
Colgate-Palmolive Co. | 2,336 | 179,989 |
INVESTMENTS | SHARES | VALUE ($) |
Personal Care, Drug & Grocery Stores — continued | ||
CVS Health Corp. | 1,749 | 168,131 |
Grocery Outlet Holding Corp. * | 1,502 | 50,572 |
Kimberly-Clark Corp. | 1,342 | 186,310 |
Kroger Co. (The) | 2,964 | 159,938 |
McKesson Corp. | 640 | 198,150 |
Procter & Gamble Co. (The) | 1,214 | 194,908 |
Walgreens Boots Alliance, Inc. | 1,935 | 82,044 |
1,825,488 | ||
Personal Goods — 0.1% | ||
Columbia Sportswear Co. | 220 | 18,075 |
VF Corp. | 351 | 18,252 |
36,327 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 6.1% | ||
AbbVie, Inc. | 1,231 | 180,809 |
Amgen, Inc. | 745 | 173,727 |
Bristol-Myers Squibb Co. | 2,644 | 199,014 |
Eli Lilly & Co. | 702 | 205,075 |
Gilead Sciences, Inc. | 2,445 | 145,086 |
Johnson & Johnson | 1,121 | 202,296 |
Merck & Co., Inc. | 2,223 | 197,158 |
Pfizer, Inc. | 3,405 | 167,083 |
Regeneron Pharmaceuticals, Inc. * | 277 | 182,573 |
United Therapeutics Corp. * | 114 | 20,242 |
Zoetis, Inc. | 814 | 144,282 |
1,817,345 | ||
Precious Metals & Mining — 0.6% | ||
Newmont Corp. | 2,431 | 177,098 |
Real Estate Investment Trusts — 5.1% | ||
Alexandria Real Estate Equities, Inc. | 770 | 140,263 |
American Homes 4 Rent, Class A | 988 | 39,135 |
American Tower Corp. | 609 | 146,781 |
Crown Castle International Corp. | 877 | 162,429 |
CubeSmart | 1,612 | 76,586 |
Digital Realty Trust, Inc. | 972 | 142,029 |
Equinix, Inc. | 207 | 148,850 |
Extra Space Storage, Inc. | 748 | 142,120 |
First Industrial Realty Trust, Inc. | 575 | 33,350 |
Healthcare Trust of America, Inc., Class A | 898 | 27,353 |
Life Storage, Inc. | 558 | 73,929 |
Mid-America Apartment Communities, Inc. | 188 | 36,976 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 217 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Real Estate Investment Trusts — continued | ||
Public Storage | 479 | 177,949 |
SBA Communications Corp. | 465 | 161,406 |
1,509,156 | ||
Renewable Energy — 0.5% | ||
First Solar, Inc. * | 1,916 | 139,925 |
Retailers — 1.6% | ||
Costco Wholesale Corp. | 351 | 186,634 |
Dollar General Corp. | 398 | 94,537 |
Walmart, Inc. | 1,294 | 197,969 |
479,140 | ||
Software & Computer Services — 4.7% | ||
Amdocs Ltd. | 1,946 | 155,077 |
ANSYS, Inc. * | 491 | 135,364 |
Black Knight, Inc. * | 2,227 | 146,514 |
CDK Global, Inc. | 1,797 | 97,775 |
Citrix Systems, Inc. | 835 | 83,584 |
Cognizant Technology Solutions Corp., Class A | 316 | 25,564 |
International Business Machines Corp. | 669 | 88,448 |
Intuit, Inc. | 295 | 123,531 |
Kyndryl Holdings, Inc. * | 127 | 1,510 |
Microsoft Corp. | 777 | 215,633 |
Synopsys, Inc. * | 537 | 154,006 |
Tyler Technologies, Inc. * | 290 | 114,466 |
VeriSign, Inc. * | 355 | 63,435 |
1,404,907 | ||
Technology Hardware & Equipment — 0.4% | ||
Texas Instruments, Inc. | 660 | 112,365 |
Telecommunications Equipment — 1.6% | ||
Cisco Systems, Inc. | 3,008 | 147,332 |
Juniper Networks, Inc. | 5,263 | 165,889 |
Motorola Solutions, Inc. | 720 | 153,857 |
467,078 | ||
Telecommunications Service Providers — 3.1% | ||
AT&T, Inc. | 6,596 | 124,401 |
Cable One, Inc. | 58 | 67,640 |
Charter Communications, Inc., Class A * | 274 | 117,406 |
Comcast Corp., Class A | 3,266 | 129,856 |
Liberty Broadband Corp., Class C * | 1,103 | 123,337 |
Lumen Technologies, Inc. | 4,899 | 49,284 |
T-Mobile US, Inc. * | 1,346 | 165,746 |
Verizon Communications, Inc. | 3,360 | 155,568 |
933,238 |
INVESTMENTS | SHARES | VALUE ($) |
Tobacco — 1.2% | ||
Altria Group, Inc. | 3,342 | 185,715 |
Philip Morris International, Inc. | 1,756 | 175,600 |
361,315 | ||
Travel & Leisure — 1.0% | ||
Choice Hotels International, Inc. | 562 | 78,939 |
McDonald's Corp. | 780 | 194,345 |
Yum! Brands, Inc. | 128 | 14,977 |
288,261 | ||
Waste & Disposal Services — 1.1% | ||
Republic Services, Inc. | 1,232 | 165,421 |
Waste Management, Inc. | 1,021 | 167,893 |
333,314 | ||
Total Common Stocks (Cost $28,701,746) | 29,556,582 | |
Short-Term Investments — 0.9% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $21,295) | 21,295 | 21,295 |
Investment of Cash Collateral from Securities Loaned — 0.8% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (b) (c) | 24,948 | 24,930 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 208,935 | 208,935 |
Total Investment of Cash Collateral from Securities Loaned (Cost $233,890) | 233,865 | |
Total Short-Term Investments (Cost $255,185) | 255,160 | |
Total Investments — 100.7% (Cost $28,956,931) | 29,811,742 | |
Liabilities in Excess of Other Assets — (0.7)% | (204,313) | |
NET ASSETS — 100.0% | 29,607,429 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $224,302. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
218 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 1 | 06/17/2022 | USD | 20,636 | (1,304) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 219 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 1.8% | ||
Axon Enterprise, Inc. * | 686 | 76,969 |
General Dynamics Corp. | 4,998 | 1,182,177 |
Howmet Aerospace, Inc. | 10,411 | 355,224 |
Northrop Grumman Corp. | 2,803 | 1,231,638 |
Raytheon Technologies Corp. | 11,378 | 1,079,886 |
Textron, Inc. | 7,240 | 501,370 |
4,427,264 | ||
Automobiles & Parts — 2.6% | ||
Ford Motor Co. | 76,045 | 1,076,797 |
Gentex Corp. | 9,054 | 265,735 |
Tesla, Inc. * | 5,771 | 5,025,156 |
6,367,688 | ||
Banks — 1.4% | ||
Bank OZK | 4,615 | 177,308 |
Discover Financial Services | 3,289 | 369,881 |
East West Bancorp, Inc. | 5,700 | 406,410 |
Pinnacle Financial Partners, Inc. | 2,578 | 199,924 |
Popular, Inc. (Puerto Rico) | 3,611 | 281,622 |
Regions Financial Corp. | 26,798 | 555,254 |
Signature Bank | 2,391 | 579,220 |
SVB Financial Group * | 1,614 | 787,051 |
3,356,670 | ||
Chemicals — 0.6% | ||
Albemarle Corp. | 3,024 | 583,118 |
Ashland Global Holdings, Inc. | 958 | 100,561 |
Element Solutions, Inc. | 14,099 | 290,722 |
Olin Corp. | 7,495 | 430,213 |
1,404,614 | ||
Construction & Materials — 2.4% | ||
Acuity Brands, Inc. | 1,713 | 295,458 |
Advanced Drainage Systems, Inc. | 2,665 | 273,056 |
AECOM | 8,871 | 625,938 |
Builders FirstSource, Inc. * | 9,243 | 569,092 |
Carrier Global Corp. | 19,179 | 733,980 |
Eagle Materials, Inc. | 3,912 | 482,428 |
Louisiana-Pacific Corp. | 8,422 | 543,387 |
Masco Corp. | 1,123 | 59,171 |
MasTec, Inc. * | 2,553 | 183,842 |
Quanta Services, Inc. | 6,344 | 735,777 |
Trane Technologies plc | 5,365 | 750,510 |
INVESTMENTS | SHARES | VALUE ($) |
Construction & Materials — continued | ||
Trex Co., Inc. * | 6,781 | 394,586 |
Watsco, Inc. | 1,325 | 353,483 |
6,000,708 | ||
Consumer Services — 0.5% | ||
AMERCO | 502 | 268,811 |
Copart, Inc. * | 6,455 | 733,611 |
H&R Block, Inc. | 7,204 | 187,808 |
Rollins, Inc. | 1,126 | 37,766 |
1,227,996 | ||
Electricity — 1.3% | ||
Consolidated Edison, Inc. | 9,898 | 917,940 |
Exelon Corp. | 23,055 | 1,078,513 |
FirstEnergy Corp. | 9,428 | 408,327 |
OGE Energy Corp. | 6,960 | 269,213 |
Southern Co. (The) | 7,610 | 558,498 |
3,232,491 | ||
Electronic & Electrical Equipment — 1.3% | ||
Coherent, Inc. * | 613 | 164,223 |
Johnson Controls International plc | 16,298 | 975,761 |
Keysight Technologies, Inc. * | 5,197 | 728,983 |
Mettler-Toledo International, Inc. * | 622 | 794,624 |
nVent Electric plc | 4,659 | 157,381 |
Waters Corp. * | 1,326 | 401,804 |
3,222,776 | ||
Finance & Credit Services — 1.5% | ||
Ally Financial, Inc. | 15,572 | 622,257 |
Moody's Corp. | 3,093 | 978,873 |
Morningstar, Inc. | 858 | 217,271 |
MSCI, Inc. | 1,889 | 795,741 |
OneMain Holdings, Inc. | 6,829 | 313,656 |
SLM Corp. | 32,368 | 541,517 |
Upstart Holdings, Inc. * (a) | 4,290 | 321,836 |
3,791,151 | ||
Food Producers — 1.8% | ||
Archer-Daniels-Midland Co. | 11,428 | 1,023,492 |
Bunge Ltd. | 6,334 | 716,502 |
Corteva, Inc. | 18,572 | 1,071,419 |
Darling Ingredients, Inc. * | 8,646 | 634,530 |
Hershey Co. (The) | 768 | 173,391 |
Kraft Heinz Co. (The) | 12,954 | 552,229 |
Pilgrim's Pride Corp. * | 5,258 | 149,064 |
4,320,627 |
220 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Gas, Water & Multi-utilities — 1.0% | ||
American Water Works Co., Inc. | 4,763 | 733,883 |
CenterPoint Energy, Inc. | 24,902 | 762,250 |
National Fuel Gas Co. | 3,508 | 246,016 |
NiSource, Inc. | 21,674 | 631,147 |
WEC Energy Group, Inc. | 695 | 69,535 |
2,442,831 | ||
General Industrials — 0.9% | ||
Carlisle Cos., Inc. | 2,828 | 733,470 |
Crown Holdings, Inc. | 5,560 | 611,823 |
RPM International, Inc. | 3,166 | 262,461 |
Sealed Air Corp. | 6,241 | 400,735 |
Valmont Industries, Inc. | 641 | 159,487 |
2,167,976 | ||
Health Care Providers — 2.4% | ||
Acadia Healthcare Co., Inc. * | 1,855 | 125,917 |
HCA Healthcare, Inc. | 1,856 | 398,205 |
Humana, Inc. | 1,269 | 564,146 |
IQVIA Holdings, Inc. * | 4,499 | 980,737 |
UnitedHealth Group, Inc. | 7,694 | 3,912,784 |
5,981,789 | ||
Household Goods & Home Construction — 0.4% | ||
DR Horton, Inc. | 3,707 | 257,970 |
PulteGroup, Inc. | 12,011 | 501,580 |
Tempur Sealy International, Inc. (a) | 8,521 | 231,004 |
990,554 | ||
Industrial Engineering — 0.8% | ||
Deere & Co. | 4,159 | 1,570,230 |
Generac Holdings, Inc. * | 2,170 | 476,055 |
2,046,285 | ||
Industrial Materials — 0.2% | ||
Avery Dennison Corp. | 3,398 | 613,679 |
Industrial Metals & Mining — 1.0% | ||
Cleveland-Cliffs, Inc. * | 10,436 | 266,014 |
Fastenal Co. | 3,571 | 197,512 |
Freeport-McMoRan, Inc. | 20,478 | 830,383 |
Nucor Corp. | 6,850 | 1,060,243 |
2,354,152 | ||
Industrial Support Services — 3.2% | ||
Accenture plc, Class A | 9,023 | 2,710,148 |
American Express Co. | 5,151 | 899,931 |
Bill.com Holdings, Inc. * | 3,620 | 617,970 |
INVESTMENTS | SHARES | VALUE ($) |
Industrial Support Services — continued | ||
Capital One Financial Corp. | 8,625 | 1,074,848 |
Cintas Corp. | 2,109 | 837,822 |
Equifax, Inc. | 3,316 | 674,872 |
Paylocity Holding Corp. * | 2,668 | 505,933 |
Robert Half International, Inc. | 5,726 | 562,923 |
7,884,447 | ||
Industrial Transportation — 1.9% | ||
JB Hunt Transport Services, Inc. | 3,490 | 596,266 |
Norfolk Southern Corp. | 4,079 | 1,051,893 |
Old Dominion Freight Line, Inc. | 2,743 | 768,369 |
Ryder System, Inc. | 3,771 | 263,593 |
United Parcel Service, Inc., Class B | 10,497 | 1,889,250 |
4,569,371 | ||
Investment Banking & Brokerage Services — 5.7% | ||
Affiliated Managers Group, Inc. | 2,409 | 302,498 |
Ameriprise Financial, Inc. | 2,477 | 657,619 |
Ares Management Corp. | 5,609 | 371,428 |
Berkshire Hathaway, Inc., Class B * | 11,042 | 3,564,689 |
BlackRock, Inc. | 2,376 | 1,484,239 |
Blackstone, Inc. | 12,375 | 1,256,929 |
Charles Schwab Corp. (The) | 19,506 | 1,293,833 |
Evercore, Inc., Class A | 153 | 16,180 |
Goldman Sachs Group, Inc. (The) | 2,616 | 799,162 |
Jefferies Financial Group, Inc. | 18,009 | 553,957 |
KKR & Co., Inc. | 15,419 | 785,906 |
LPL Financial Holdings, Inc. | 4,197 | 788,490 |
Morgan Stanley | 21,256 | 1,713,021 |
Nasdaq, Inc. | 2,584 | 406,644 |
13,994,595 | ||
Leisure Goods — 0.6% | ||
Garmin Ltd. | 4,832 | 530,264 |
Mattel, Inc. * (a) | 14,350 | 348,848 |
Pool Corp. | 1,467 | 594,458 |
1,473,570 | ||
Media — 0.7% | ||
Interpublic Group of Cos., Inc. (The) | 19,811 | 646,235 |
Liberty Media Corp-Liberty Formula One, Class C * | 7,460 | 464,982 |
Trade Desk, Inc. (The), Class A * | 11,929 | 702,856 |
1,814,073 | ||
Medical Equipment & Services — 5.4% | ||
Agilent Technologies, Inc. | 6,578 | 784,558 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 221 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Medical Equipment & Services — continued | ||
Bio-Rad Laboratories, Inc., Class A * | 1,024 | 524,349 |
Bio-Techne Corp. | 1,596 | 605,985 |
Danaher Corp. | 9,220 | 2,315,419 |
Dexcom, Inc. * | 2,001 | 817,569 |
IDEXX Laboratories, Inc. * | 1,848 | 795,527 |
Insulet Corp. * | 2,726 | 651,487 |
Intuitive Surgical, Inc. * | 5,117 | 1,224,498 |
Quest Diagnostics, Inc. | 4,346 | 581,669 |
Repligen Corp. * | 3,030 | 476,437 |
ResMed, Inc. | 3,448 | 689,497 |
STERIS plc | 847 | 189,770 |
Thermo Fisher Scientific, Inc. | 5,363 | 2,965,310 |
West Pharmaceutical Services, Inc. | 2,170 | 683,680 |
13,305,755 | ||
Non-life Insurance — 2.0% | ||
American Financial Group, Inc. | 3,289 | 455,461 |
Aon plc, Class A | 4,146 | 1,194,006 |
Arthur J Gallagher & Co. | 5,577 | 939,669 |
Brown & Brown, Inc. | 10,218 | 633,311 |
Marsh & McLennan Cos., Inc. | 9,203 | 1,488,125 |
Old Republic International Corp. | 11,568 | 254,612 |
4,965,184 | ||
Non-Renewable Energy — 4.1% | ||
Antero Midstream Corp. | 45,573 | 468,035 |
Baker Hughes Co. | 13,241 | 410,736 |
Cheniere Energy, Inc. | 6,447 | 875,567 |
Chevron Corp. | 13,718 | 2,149,199 |
ConocoPhillips | 18,736 | 1,789,663 |
Continental Resources, Inc. (a) | 9,201 | 511,300 |
Devon Energy Corp. | 16,559 | 963,237 |
Diamondback Energy, Inc. | 1,671 | 210,930 |
Hess Corp. | 6,277 | 646,970 |
Pioneer Natural Resources Co. | 3,941 | 916,164 |
Targa Resources Corp. | 9,985 | 732,999 |
Texas Pacific Land Corp. | 203 | 277,420 |
9,952,220 | ||
Personal Care, Drug & Grocery Stores — 3.4% | ||
Albertsons Cos., Inc., Class A | 10,053 | 314,458 |
Casey's General Stores, Inc. | 661 | 133,059 |
Church & Dwight Co., Inc. | 1,366 | 133,267 |
CVS Health Corp. | 14,966 | 1,438,682 |
Kroger Co. (The) | 15,099 | 814,742 |
McKesson Corp. | 3,580 | 1,108,404 |
INVESTMENTS | SHARES | VALUE ($) |
Personal Care, Drug & Grocery Stores — continued | ||
Procter & Gamble Co. (The) | 23,837 | 3,827,030 |
Spectrum Brands Holdings, Inc. | 6,271 | 533,474 |
8,303,116 | ||
Personal Goods — 2.1% | ||
Capri Holdings Ltd. * (a) | 11,066 | 527,848 |
Deckers Outdoor Corp. * | 2,038 | 541,598 |
Estee Lauder Cos., Inc. (The), Class A | 4,408 | 1,163,976 |
NIKE, Inc., Class B | 18,248 | 2,275,526 |
Tapestry, Inc. | 17,405 | 572,973 |
5,081,921 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 5.1% | ||
AbbVie, Inc. | 23,910 | 3,511,901 |
Alnylam Pharmaceuticals, Inc. * | 4,185 | 558,405 |
Catalent, Inc. * | 6,149 | 556,853 |
Charles River Laboratories International, Inc. * | 1,798 | 434,235 |
Eli Lilly & Co. | 11,384 | 3,325,608 |
Horizon Therapeutics plc * | 6,940 | 684,006 |
Moderna, Inc. * | 6,590 | 885,762 |
Seagen, Inc. * | 4,375 | 573,169 |
United Therapeutics Corp. * | 2,626 | 466,273 |
Zoetis, Inc. | 7,838 | 1,389,285 |
12,385,497 | ||
Real Estate Investment & Services — 0.5% | ||
CBRE Group, Inc., Class A * | 9,563 | 794,112 |
Jones Lang LaSalle, Inc. * | 2,185 | 477,925 |
1,272,037 | ||
Real Estate Investment Trusts — 3.1% | ||
Alexandria Real Estate Equities, Inc. | 3,070 | 559,231 |
Camden Property Trust | 2,763 | 433,487 |
Crown Castle International Corp. | 3,215 | 595,450 |
CubeSmart | 8,594 | 408,301 |
Extra Space Storage, Inc. | 4,105 | 779,950 |
Gaming and Leisure Properties, Inc. | 7,049 | 312,835 |
Invitation Homes, Inc. | 15,563 | 619,719 |
Iron Mountain, Inc. | 12,522 | 672,807 |
Life Storage, Inc. | 4,754 | 629,857 |
Prologis, Inc. | 10,196 | 1,634,317 |
Weyerhaeuser Co. | 21,981 | 906,057 |
7,552,011 | ||
Retailers — 7.4% | ||
AutoNation, Inc. * | 5,012 | 580,941 |
AutoZone, Inc. * | 513 | 1,003,156 |
222 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Retailers — continued | ||
Bath & Body Works, Inc. | 11,295 | 597,393 |
Burlington Stores, Inc. * | 2,440 | 496,686 |
Costco Wholesale Corp. | 6,106 | 3,246,682 |
Dick's Sporting Goods, Inc. (a) | 5,371 | 517,872 |
Five Below, Inc. * | 3,356 | 527,228 |
GameStop Corp., Class A * (a) | 4,518 | 565,066 |
Home Depot, Inc. (The) | 13,261 | 3,983,604 |
Kohl's Corp. | 10,348 | 598,942 |
Lowe's Cos., Inc. | 4,640 | 917,467 |
O'Reilly Automotive, Inc. * | 1,540 | 934,087 |
Penske Automotive Group, Inc. | 2,000 | 209,640 |
Target Corp. | 7,083 | 1,619,528 |
TJX Cos., Inc. (The) | 20,013 | 1,226,397 |
Tractor Supply Co. | 1,600 | 322,320 |
Victoria's Secret & Co. * | 3,674 | 173,119 |
Williams-Sonoma, Inc. (a) | 3,791 | 494,650 |
18,014,778 | ||
Software & Computer Services — 14.1% | ||
Adobe, Inc. * | 6,607 | 2,616,042 |
Alphabet, Inc., Class A * | 1,962 | 4,477,657 |
ANSYS, Inc. * | 2,615 | 720,929 |
Atlassian Corp. plc, Class A * | 3,556 | 799,495 |
CACI International, Inc., Class A * | 966 | 256,280 |
Cadence Design Systems, Inc. * | 6,331 | 955,031 |
Ceridian HCM Holding, Inc. * | 7,051 | 395,773 |
Cloudflare, Inc., Class A * | 7,659 | 659,746 |
Crowdstrike Holdings, Inc., Class A * | 4,909 | 975,713 |
Datadog, Inc., Class A * | 6,544 | 790,384 |
Dell Technologies, Inc., Class C | 12,518 | 588,471 |
DXC Technology Co. * | 13,610 | 390,607 |
Dynatrace, Inc. * | 11,607 | 445,244 |
F5, Inc. * | 2,245 | 375,835 |
Fortinet, Inc. * | 3,101 | 896,220 |
Gartner, Inc. * | 2,856 | 829,811 |
HubSpot, Inc. * | 1,483 | 562,695 |
InterActiveCorp. * | 1,315 | 108,987 |
Intuit, Inc. | 4,085 | 1,710,594 |
Manhattan Associates, Inc. * | 4,616 | 602,619 |
Microsoft Corp. | 17,858 | 4,955,952 |
MongoDB, Inc. * | 1,992 | 707,021 |
NCR Corp. * | 7,220 | 252,917 |
NortonLifeLock, Inc. | 24,296 | 608,372 |
Oracle Corp. | 25,375 | 1,862,525 |
Palo Alto Networks, Inc. * (a) | 2,055 | 1,153,430 |
INVESTMENTS | SHARES | VALUE ($) |
Software & Computer Services — continued | ||
Paycom Software, Inc. * | 1,704 | 479,625 |
Roper Technologies, Inc. | 1,127 | 529,600 |
Salesforce, Inc. * | 6,062 | 1,066,548 |
ServiceNow, Inc. * | 3,249 | 1,553,347 |
Smartsheet, Inc., Class A * | 1,342 | 64,859 |
Synopsys, Inc. * | 3,423 | 981,682 |
Tyler Technologies, Inc. * | 1,631 | 643,772 |
Zscaler, Inc. * | 2,923 | 592,609 |
34,610,392 | ||
Technology Hardware & Equipment — 13.2% | ||
Advanced Micro Devices, Inc. * | 20,800 | 1,778,816 |
Apple, Inc. | 31,720 | 5,000,658 |
Applied Materials, Inc. | 14,368 | 1,585,509 |
Broadcom, Inc. | 5,548 | 3,075,756 |
CDW Corp. | 4,601 | 750,791 |
Cirrus Logic, Inc. * | 1,375 | 104,225 |
Concentrix Corp. | 2,468 | 388,661 |
Corning, Inc. | 21,678 | 762,849 |
Entegris, Inc. | 5,981 | 666,224 |
HP, Inc. | 26,902 | 985,420 |
Jabil, Inc. | 11,146 | 643,459 |
KLA Corp. | 3,325 | 1,061,539 |
Lam Research Corp. | 2,616 | 1,218,428 |
Marvell Technology, Inc. | 17,140 | 995,491 |
Monolithic Power Systems, Inc. | 1,735 | 680,536 |
NetApp, Inc. | 8,746 | 640,644 |
NVIDIA Corp. | 22,563 | 4,184,760 |
NXP Semiconductors NV (China) | 5,659 | 967,123 |
ON Semiconductor Corp. * | 13,687 | 713,229 |
Pure Storage, Inc., Class A * | 18,689 | 547,588 |
QUALCOMM, Inc. | 9,553 | 1,334,458 |
Switch, Inc., Class A | 20,070 | 599,290 |
TD SYNNEX Corp. | 2,163 | 216,495 |
Teradyne, Inc. | 5,969 | 629,491 |
Texas Instruments, Inc. | 12,680 | 2,158,770 |
Wolfspeed, Inc. * (a) | 6,784 | 622,161 |
32,312,371 | ||
Telecommunications Equipment — 1.8% | ||
Arista Networks, Inc. * | 7,113 | 822,049 |
Cisco Systems, Inc. | 41,656 | 2,040,311 |
Juniper Networks, Inc. | 18,988 | 598,502 |
Motorola Solutions, Inc. | 4,215 | 900,703 |
4,361,565 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 223 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Telecommunications Service Providers — 0.9% | ||
Charter Communications, Inc., Class A * | 2,265 | 970,530 |
Comcast Corp., Class A | 16,072 | 639,022 |
Liberty Broadband Corp., Class C * | 4,746 | 530,698 |
2,140,250 | ||
Tobacco — 0.7% | ||
Altria Group, Inc. | 5,373 | 298,578 |
Philip Morris International, Inc. | 13,542 | 1,354,200 |
1,652,778 | ||
Travel & Leisure — 1.1% | ||
Boyd Gaming Corp. | 8,624 | 522,442 |
Chipotle Mexican Grill, Inc. * | 675 | 982,537 |
Choice Hotels International, Inc. | 2,179 | 306,062 |
Hilton Worldwide Holdings, Inc. * | 6,322 | 981,743 |
2,792,784 | ||
Waste & Disposal Services — 0.9% | ||
Republic Services, Inc. | 6,372 | 855,568 |
Waste Management, Inc. | 7,765 | 1,276,877 |
2,132,445 | ||
Total Common Stocks (Cost $255,339,077) | 244,520,411 | |
Short-Term Investments — 1.5% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $214,672) | 214,672 | 214,672 |
INVESTMENTS | SHARES | VALUE ($) |
Investment of Cash Collateral from Securities Loaned — 1.4% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $3,349,802) | 3,349,802 | 3,349,802 |
Total Short-Term Investments (Cost $3,564,474) | 3,564,474 | |
Total Investments — 101.3% (Cost $258,903,551) | 248,084,885 | |
Liabilities in Excess of Other Assets — (1.3)% | (3,160,519) | |
NET ASSETS — 100.0% | 244,924,366 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $3,148,692. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 16 | 06/17/2022 | USD | 330,180 | (9,957) |
Abbreviations | |
USD | United States Dollar |
224 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 0.6% | ||
Lockheed Martin Corp. | 6,100 | 2,635,932 |
Automobiles & Parts — 0.5% | ||
Gentex Corp. | 32,110 | 942,428 |
Genuine Parts Co. | 9,277 | 1,206,474 |
2,148,902 | ||
Banks — 0.6% | ||
Bank of Hawaii Corp. | 5,931 | 440,910 |
Commerce Bancshares, Inc. | 13,432 | 918,370 |
US Bancorp | 23,552 | 1,143,685 |
2,502,965 | ||
Beverages — 0.7% | ||
Brown-Forman Corp., Class B | 9,827 | 662,733 |
Coca-Cola Co. (The) | 12,833 | 829,140 |
Monster Beverage Corp. * | 16,102 | 1,379,619 |
2,871,492 | ||
Chemicals — 0.9% | ||
Air Products and Chemicals, Inc. | 5,127 | 1,200,077 |
Celanese Corp. | 6,780 | 996,253 |
CF Industries Holdings, Inc. | 13,041 | 1,262,760 |
NewMarket Corp. | 699 | 226,903 |
3,685,993 | ||
Construction & Materials — 0.7% | ||
A O Smith Corp. | 9,161 | 535,277 |
Acuity Brands, Inc. | 3,841 | 662,496 |
Lennox International, Inc. | 1,923 | 409,965 |
Louisiana-Pacific Corp. | 4,937 | 318,535 |
Watsco, Inc. | 3,113 | 830,486 |
2,756,759 | ||
Consumer Services — 0.8% | ||
Copart, Inc. * | 10,353 | 1,176,618 |
Frontdoor, Inc. * | 8,790 | 271,699 |
Grand Canyon Education, Inc. * | 10,090 | 968,337 |
Rollins, Inc. | 28,555 | 957,735 |
3,374,389 | ||
Electricity — 1.5% | ||
AES Corp. (The) | 13,483 | 275,323 |
CMS Energy Corp. | 11,087 | 761,566 |
Evergy, Inc. | 6,114 | 414,835 |
Hawaiian Electric Industries, Inc. | 11,213 | 460,966 |
IDACORP, Inc. | 5,499 | 578,385 |
INVESTMENTS | SHARES | VALUE ($) |
Electricity — continued | ||
NextEra Energy, Inc. | 39,761 | 2,823,826 |
PPL Corp. | 20,329 | 575,514 |
5,890,415 | ||
Electronic & Electrical Equipment — 1.4% | ||
Allegion plc | 6,568 | 750,328 |
Donaldson Co., Inc. | 12,698 | 622,710 |
IDEX Corp. | 5,050 | 958,591 |
Keysight Technologies, Inc. * | 8,199 | 1,150,074 |
Mettler-Toledo International, Inc. * | 975 | 1,245,592 |
Waters Corp. * | 3,079 | 932,998 |
5,660,293 | ||
Finance & Credit Services — 1.4% | ||
FactSet Research Systems, Inc. | 2,555 | 1,030,917 |
Moody's Corp. | 5,128 | 1,622,909 |
Morningstar, Inc. | 1,543 | 390,734 |
S&P Global, Inc. | 7,247 | 2,728,496 |
5,773,056 | ||
Food Producers — 0.5% | ||
Flowers Foods, Inc. | 12,086 | 320,521 |
General Mills, Inc. | 4,598 | 325,217 |
Hershey Co. (The) | 5,377 | 1,213,965 |
1,859,703 | ||
Gas, Water & Multi-utilities — 0.6% | ||
National Fuel Gas Co. | 13,464 | 944,230 |
UGI Corp. | 8,015 | 274,914 |
WEC Energy Group, Inc. | 11,152 | 1,115,758 |
2,334,902 | ||
General Industrials — 1.1% | ||
3M Co. | 14,474 | 2,087,440 |
Honeywell International, Inc. | 1,845 | 357,026 |
Illinois Tool Works, Inc. | 9,377 | 1,848,301 |
4,292,767 | ||
Health Care Providers — 0.8% | ||
Cerner Corp. | 14,661 | 1,372,856 |
Chemed Corp. | 1,934 | 950,348 |
DaVita, Inc. * | 7,518 | 814,726 |
Premier, Inc., Class A | 5,983 | 216,644 |
3,354,574 | ||
Household Goods & Home Construction — 0.2% | ||
NVR, Inc. * | 226 | 989,023 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 225 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Industrial Engineering — 0.8% | ||
Cummins, Inc. | 5,508 | 1,042,059 |
Graco, Inc. | 13,953 | 865,365 |
Lincoln Electric Holdings, Inc. | 6,657 | 896,898 |
Toro Co. (The) | 4,018 | 321,962 |
3,126,284 | ||
Industrial Metals & Mining — 0.4% | ||
Fastenal Co. | 5,955 | 329,371 |
Freeport-McMoRan, Inc. | 11,880 | 481,734 |
Southern Copper Corp. (Peru) | 12,374 | 770,529 |
1,581,634 | ||
Industrial Support Services — 7.1% | ||
Accenture plc, Class A | 14,111 | 4,238,380 |
Automatic Data Processing, Inc. | 11,414 | 2,490,307 |
Cintas Corp. | 3,459 | 1,374,122 |
Jack Henry & Associates, Inc. | 4,625 | 876,807 |
Mastercard, Inc., Class A | 18,576 | 6,750,147 |
Paychex, Inc. | 12,701 | 1,609,598 |
Robert Half International, Inc. | 9,107 | 895,309 |
Verisk Analytics, Inc. | 6,242 | 1,273,680 |
Visa, Inc., Class A | 35,001 | 7,459,763 |
Western Union Co. (The) | 31,610 | 529,784 |
WW Grainger, Inc. | 2,430 | 1,215,073 |
28,712,970 | ||
Industrial Transportation — 1.2% | ||
Allison Transmission Holdings, Inc. | 13,194 | 493,983 |
Landstar System, Inc. | 3,589 | 555,936 |
Union Pacific Corp. | 14,400 | 3,373,776 |
United Parcel Service, Inc., Class B | 1,611 | 289,948 |
4,713,643 | ||
Investment Banking & Brokerage Services — 4.0% | ||
Berkshire Hathaway, Inc., Class B * | 23,418 | 7,560,033 |
BlackRock, Inc. | 3,285 | 2,052,074 |
Broadridge Financial Solutions, Inc. | 7,059 | 1,017,414 |
Cboe Global Markets, Inc. | 5,223 | 590,094 |
Intercontinental Exchange, Inc. | 11,896 | 1,377,676 |
MarketAxess Holdings, Inc. | 1,540 | 405,959 |
Nasdaq, Inc. | 6,481 | 1,019,915 |
SEI Investments Co. | 11,697 | 651,757 |
T. Rowe Price Group, Inc. | 7,723 | 950,238 |
Virtu Financial, Inc., Class A | 17,152 | 495,350 |
16,120,510 |
INVESTMENTS | SHARES | VALUE ($) |
Leisure Goods — 0.8% | ||
Activision Blizzard, Inc. | 24,534 | 1,854,770 |
Electronic Arts, Inc. | 10,776 | 1,272,107 |
3,126,877 | ||
Life Insurance — 0.5% | ||
Aflac, Inc. | 24,131 | 1,382,224 |
Globe Life, Inc. | 8,153 | 799,646 |
2,181,870 | ||
Media — 0.9% | ||
Interpublic Group of Cos., Inc. (The) | 31,540 | 1,028,835 |
Omnicom Group, Inc. | 14,223 | 1,082,797 |
Sirius XM Holdings, Inc. (a) | 150,383 | 902,298 |
World Wrestling Entertainment, Inc., Class A (a) | 11,633 | 679,251 |
3,693,181 | ||
Medical Equipment & Services — 2.0% | ||
Abbott Laboratories | 19,342 | 2,195,317 |
Bio-Techne Corp. | 2,498 | 948,466 |
Edwards Lifesciences Corp. * | 18,580 | 1,965,392 |
IDEXX Laboratories, Inc. * | 2,891 | 1,244,518 |
Quidel Corp. * | 4,791 | 482,070 |
ResMed, Inc. | 5,413 | 1,082,438 |
7,918,201 | ||
Non-life Insurance — 4.2% | ||
Allstate Corp. (The) | 11,371 | 1,438,886 |
Aon plc, Class A | 6,885 | 1,982,811 |
Arch Capital Group Ltd. * | 19,795 | 904,038 |
Arthur J Gallagher & Co. | 8,962 | 1,510,007 |
Brown & Brown, Inc. | 16,486 | 1,021,802 |
Chubb Ltd. | 8,336 | 1,720,967 |
Erie Indemnity Co., Class A | 3,625 | 581,015 |
Fidelity National Financial, Inc. | 14,760 | 587,743 |
Hanover Insurance Group, Inc. (The) | 1,831 | 268,828 |
Marsh & McLennan Cos., Inc. | 14,310 | 2,313,927 |
Progressive Corp. (The) | 18,588 | 1,995,608 |
Travelers Cos., Inc. (The) | 7,851 | 1,342,992 |
W R Berkley Corp. | 16,387 | 1,089,572 |
White Mountains Insurance Group Ltd. | 60 | 62,881 |
16,821,077 | ||
Non-Renewable Energy — 4.1% | ||
Antero Midstream Corp. | 48,556 | 498,670 |
APA Corp. | 27,695 | 1,133,556 |
Chevron Corp. | 29,767 | 4,663,596 |
226 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Non-Renewable Energy — continued | ||
Coterra Energy, Inc. | 46,557 | 1,340,376 |
EOG Resources, Inc. | 17,873 | 2,086,852 |
Exxon Mobil Corp. | 52,712 | 4,493,698 |
Kinder Morgan, Inc. | 31,402 | 569,946 |
Targa Resources Corp. | 15,645 | 1,148,500 |
Texas Pacific Land Corp. | 475 | 649,135 |
16,584,329 | ||
Personal Care, Drug & Grocery Stores — 3.3% | ||
Albertsons Cos., Inc., Class A | 8,159 | 255,214 |
Church & Dwight Co., Inc. | 7,679 | 749,163 |
Clorox Co. (The) | 5,784 | 829,831 |
Colgate-Palmolive Co. | 23,763 | 1,830,939 |
Kimberly-Clark Corp. | 486 | 67,471 |
McKesson Corp. | 5,736 | 1,775,923 |
Procter & Gamble Co. (The) | 48,468 | 7,781,537 |
13,290,078 | ||
Personal Goods — 1.5% | ||
Carter's, Inc. | 3,713 | 312,783 |
Deckers Outdoor Corp. * | 3,206 | 851,994 |
Estee Lauder Cos., Inc. (The), Class A | 5,895 | 1,556,634 |
NIKE, Inc., Class B | 12,847 | 1,602,021 |
Tapestry, Inc. | 27,878 | 917,744 |
Under Armour, Inc., Class A * | 47,623 | 731,489 |
5,972,665 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 10.7% | ||
AbbVie, Inc. | 34,068 | 5,003,908 |
Amgen, Inc. | 12,878 | 3,003,021 |
Biogen, Inc. * | 4,010 | 831,834 |
Bristol-Myers Squibb Co. | 27,432 | 2,064,807 |
CureVac NV (Germany) * (a) | 14,269 | 243,857 |
Eli Lilly & Co. | 16,432 | 4,800,280 |
Gilead Sciences, Inc. | 29,147 | 1,729,583 |
Johnson & Johnson | 42,109 | 7,598,990 |
Merck & Co., Inc. | 55,724 | 4,942,162 |
Moderna, Inc. * | 10,204 | 1,371,520 |
Pfizer, Inc. | 115,293 | 5,657,427 |
Regeneron Pharmaceuticals, Inc. * | 2,244 | 1,479,043 |
Vertex Pharmaceuticals, Inc. * | 7,916 | 2,162,809 |
Zoetis, Inc. | 12,437 | 2,204,458 |
43,093,699 |
INVESTMENTS | SHARES | VALUE ($) |
Precious Metals & Mining — 0.4% | ||
Newmont Corp. | 18,440 | 1,343,354 |
Royal Gold, Inc. | 860 | 112,213 |
1,455,567 | ||
Real Estate Investment & Services — 0.3% | ||
CBRE Group, Inc., Class A * | 14,917 | 1,238,708 |
Real Estate Investment Trusts — 3.2% | ||
American Tower Corp. | 10,314 | 2,485,880 |
Camden Property Trust | 3,842 | 602,771 |
Crown Castle International Corp. | 5,494 | 1,017,544 |
Equity LifeStyle Properties, Inc. | 10,542 | 814,686 |
Equity Residential | 6,908 | 563,002 |
Extra Space Storage, Inc. | 6,323 | 1,201,370 |
Gaming and Leisure Properties, Inc. | 7,894 | 350,336 |
Lamar Advertising Co., Class A | 9,040 | 998,106 |
Life Storage, Inc. | 4,470 | 592,230 |
Public Storage | 4,954 | 1,840,411 |
Rayonier, Inc. | 5,428 | 234,490 |
Simon Property Group, Inc. | 8,958 | 1,057,044 |
Weyerhaeuser Co. | 23,742 | 978,645 |
12,736,515 | ||
Retailers — 7.2% | ||
AutoZone, Inc. * | 824 | 1,611,307 |
Best Buy Co., Inc. | 11,009 | 990,039 |
Costco Wholesale Corp. | 9,691 | 5,152,899 |
Dick's Sporting Goods, Inc. | 8,653 | 834,322 |
Dollar General Corp. | 7,702 | 1,829,456 |
Etsy, Inc. * | 6,230 | 580,574 |
Foot Locker, Inc. | 16,266 | 476,756 |
Home Depot, Inc. (The) | 20,903 | 6,279,261 |
Kohl's Corp. | 2,283 | 132,140 |
Lowe's Cos., Inc. | 481 | 95,108 |
Ollie's Bargain Outlet Holdings, Inc. * | 11,314 | 543,638 |
O'Reilly Automotive, Inc. * | 2,468 | 1,496,965 |
Ross Stores, Inc. | 14,092 | 1,405,959 |
Target Corp. | 11,110 | 2,540,302 |
Tractor Supply Co. | 5,444 | 1,096,694 |
Ulta Beauty, Inc. * | 3,232 | 1,282,458 |
Victoria's Secret & Co. * | 17,796 | 838,548 |
Walmart, Inc. | 6,386 | 976,994 |
Williams-Sonoma, Inc. (a) | 6,800 | 887,264 |
29,050,684 | ||
Software & Computer Services — 15.7% | ||
Adobe, Inc. * | 10,614 | 4,202,613 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 227 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Software & Computer Services — continued | ||
Akamai Technologies, Inc. * | 8,590 | 964,485 |
Alphabet, Inc., Class A * | 3,154 | 7,198,027 |
Amdocs Ltd. | 8,114 | 646,605 |
Aspen Technology, Inc. * | 6,755 | 1,070,938 |
Autodesk, Inc. * | 7,401 | 1,400,861 |
Cadence Design Systems, Inc. * | 10,473 | 1,579,852 |
CDK Global, Inc. | 6,859 | 373,198 |
Cognizant Technology Solutions Corp., Class A | 18,508 | 1,497,297 |
Crowdstrike Holdings, Inc., Class A * | 6,902 | 1,371,841 |
Dell Technologies, Inc., Class C | 11,791 | 554,295 |
DocuSign, Inc. * | 7,566 | 612,846 |
Dolby Laboratories, Inc., Class A | 11,695 | 906,012 |
DoubleVerify Holdings, Inc. * | 9,056 | 196,968 |
Dropbox, Inc., Class A * | 43,161 | 938,752 |
Dynatrace, Inc. * | 11,779 | 451,842 |
EPAM Systems, Inc. * | 2,522 | 668,305 |
F5, Inc. * | 3,186 | 533,368 |
Fortinet, Inc. * | 4,972 | 1,436,958 |
Gartner, Inc. * | 4,607 | 1,338,564 |
International Business Machines Corp. | 19,870 | 2,627,013 |
Intuit, Inc. | 6,377 | 2,670,369 |
Manhattan Associates, Inc. * | 7,506 | 979,908 |
Meta Platforms, Inc., Class A * | 41,535 | 8,326,521 |
Microsoft Corp. | 27,969 | 7,761,956 |
NortonLifeLock, Inc. | 27,131 | 679,360 |
Palo Alto Networks, Inc. * | 3,287 | 1,844,927 |
Paycom Software, Inc. * | 2,566 | 722,252 |
Pinterest, Inc., Class A * | 23,934 | 491,126 |
Roper Technologies, Inc. | 2,665 | 1,252,337 |
ServiceNow, Inc. * | 4,436 | 2,120,852 |
SS&C Technologies Holdings, Inc. | 9,724 | 628,754 |
Synopsys, Inc. * | 5,504 | 1,578,492 |
Teradata Corp. * | 19,889 | 822,410 |
VeriSign, Inc. * | 5,004 | 894,165 |
VMware, Inc., Class A | 11,070 | 1,196,003 |
Zoom Video Communications, Inc., Class A * | 7,026 | 699,579 |
63,239,651 | ||
Technology Hardware & Equipment — 11.3% | ||
Advanced Micro Devices, Inc. * | 28,429 | 2,431,248 |
Amphenol Corp., Class A | 8,654 | 618,761 |
Analog Devices, Inc. | 15,145 | 2,338,085 |
Apple, Inc. | 51,022 | 8,043,618 |
Applied Materials, Inc. | 23,055 | 2,544,119 |
Broadcom, Inc. | 8,892 | 4,929,636 |
INVESTMENTS | SHARES | VALUE ($) |
Technology Hardware & Equipment — continued | ||
Cirrus Logic, Inc. * | 670 | 50,786 |
Corning, Inc. | 15,719 | 553,152 |
Intel Corp. | 81,498 | 3,552,498 |
IPG Photonics Corp. * | 4,038 | 381,510 |
KLA Corp. | 5,228 | 1,669,091 |
Microchip Technology, Inc. | 15,039 | 980,543 |
NetApp, Inc. | 9,024 | 661,008 |
NVIDIA Corp. | 30,300 | 5,619,741 |
NXP Semiconductors NV (China) | 6,872 | 1,174,425 |
Qorvo, Inc. * | 6,714 | 763,919 |
QUALCOMM, Inc. | 26,171 | 3,655,827 |
Skyworks Solutions, Inc. | 5,993 | 679,007 |
TD SYNNEX Corp. | 1,851 | 185,267 |
Teradyne, Inc. | 10,429 | 1,099,842 |
Texas Instruments, Inc. | 22,029 | 3,750,437 |
45,682,520 | ||
Telecommunications Equipment — 1.7% | ||
Cisco Systems, Inc. | 87,397 | 4,280,705 |
Lumentum Holdings, Inc. * (a) | 10,223 | 830,210 |
Motorola Solutions, Inc. | 5,685 | 1,214,828 |
Ubiquiti, Inc. (a) | 2,337 | 659,618 |
6,985,361 | ||
Telecommunications Service Providers — 0.9% | ||
Verizon Communications, Inc. | 76,597 | 3,546,441 |
Tobacco — 1.3% | ||
Altria Group, Inc. | 46,526 | 2,585,450 |
Philip Morris International, Inc. | 25,563 | 2,556,300 |
5,141,750 | ||
Travel & Leisure — 3.0% | ||
Choice Hotels International, Inc. | 6,075 | 853,295 |
Copa Holdings SA, Class A (Panama) * (a) | 7,300 | 550,201 |
Domino's Pizza, Inc. | 2,674 | 903,812 |
Expedia Group, Inc. * | 7,389 | 1,291,228 |
Live Nation Entertainment, Inc. * | 5,848 | 613,338 |
McDonald's Corp. | 17,452 | 4,348,340 |
Starbucks Corp. | 30,788 | 2,298,016 |
Yum! Brands, Inc. | 12,281 | 1,437,000 |
12,295,230 | ||
Waste & Disposal Services — 1.0% | ||
Clean Harbors, Inc. * | 5,624 | 590,126 |
Republic Services, Inc. | 9,557 | 1,283,219 |
228 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Waste & Disposal Services — continued | ||
Stericycle, Inc. * | 3,306 | 165,928 |
Waste Management, Inc. | 11,063 | 1,819,200 |
3,858,473 | ||
Total Common Stocks (Cost $399,008,342) | 402,299,083 | |
Short-Term Investments — 1.0% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $442,519) | 442,519 | 442,519 |
Investment of Cash Collateral from Securities Loaned — 0.9% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (b) (c) | 497,925 | 497,576 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 3,004,452 | 3,004,452 |
Total Investment of Cash Collateral from Securities Loaned (Cost $3,502,177) | 3,502,028 | |
Total Short-Term Investments (Cost $3,944,696) | 3,944,547 | |
Total Investments — 100.8% (Cost $402,953,038) | 406,243,630 | |
Liabilities in Excess of Other Assets — (0.8)% | (3,245,652) | |
NET ASSETS — 100.0% | 402,997,978 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $3,301,227. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 24 | 06/17/2022 | USD | 495,270 | (19,707) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 229 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — 99.8% | ||
Aerospace & Defense — 2.0% | ||
General Dynamics Corp. | 7,928 | 1,875,210 |
Huntington Ingalls Industries, Inc. (a) | 3,967 | 843,939 |
L3Harris Technologies, Inc. | 8,407 | 1,952,610 |
Northrop Grumman Corp. | 4,771 | 2,096,377 |
Raytheon Technologies Corp. | 27,382 | 2,598,826 |
Textron, Inc. | 14,291 | 989,652 |
10,356,614 | ||
Automobiles & Parts — 2.0% | ||
BorgWarner, Inc. | 34,466 | 1,269,383 |
Ford Motor Co. | 156,603 | 2,217,498 |
General Motors Co. * | 51,112 | 1,937,656 |
Gentex Corp. | 40,378 | 1,185,094 |
Genuine Parts Co. | 11,962 | 1,555,658 |
Lear Corp. | 8,563 | 1,095,550 |
LKQ Corp. | 27,277 | 1,353,758 |
10,614,597 | ||
Banks — 4.7% | ||
Bank OZK | 9,835 | 377,861 |
BOK Financial Corp. | 7,500 | 621,975 |
Citigroup, Inc. | 68,384 | 3,296,793 |
Citizens Financial Group, Inc. | 33,351 | 1,314,029 |
Comerica, Inc. | 15,435 | 1,264,127 |
Fifth Third Bancorp | 41,527 | 1,558,508 |
First Hawaiian, Inc. | 27,326 | 645,167 |
First Horizon Corp. | 59,536 | 1,332,416 |
FNB Corp. | 95,556 | 1,100,805 |
KeyCorp | 70,322 | 1,357,918 |
M&T Bank Corp. | 15,419 | 2,569,422 |
New York Community Bancorp, Inc. (a) | 103,242 | 953,956 |
PacWest Bancorp | 11,264 | 370,473 |
Popular, Inc. (Puerto Rico) | 14,967 | 1,167,276 |
Prosperity Bancshares, Inc. | 5,792 | 378,681 |
Regions Financial Corp. | 72,432 | 1,500,791 |
Synovus Financial Corp. | 23,686 | 983,916 |
Truist Financial Corp. | 43,972 | 2,126,046 |
Umpqua Holdings Corp. | 36,549 | 604,521 |
US Bancorp | 10,493 | 509,540 |
Zions Bancorp NA | 15,947 | 901,165 |
24,935,386 | ||
Beverages — 0.3% | ||
Molson Coors Beverage Co., Class B | 26,072 | 1,411,538 |
Chemicals — 0.7% | ||
Chemours Co. (The) | 25,442 | 841,367 |
INVESTMENTS | SHARES | VALUE ($) |
Chemicals — continued | ||
Eastman Chemical Co. | 1,386 | 142,301 |
Huntsman Corp. | 28,588 | 968,275 |
LyondellBasell Industries NV, Class A | 17,858 | 1,893,484 |
3,845,427 | ||
Construction & Materials — 0.7% | ||
Acuity Brands, Inc. | 4,251 | 733,212 |
MDU Resources Group, Inc. | 21,195 | 545,983 |
Mohawk Industries, Inc. * | 7,186 | 1,013,657 |
Owens Corning | 15,150 | 1,377,590 |
3,670,442 | ||
Consumer Services — 0.9% | ||
AMERCO | 825 | 441,771 |
eBay, Inc. | 30,734 | 1,595,709 |
Grand Canyon Education, Inc. * | 8,660 | 831,100 |
H&R Block, Inc. | 25,509 | 665,020 |
Service Corp. International | 19,989 | 1,311,478 |
4,845,078 | ||
Electricity — 2.1% | ||
Avangrid, Inc. | 10,468 | 464,256 |
Consolidated Edison, Inc. | 16,839 | 1,561,649 |
Evergy, Inc. | 13,792 | 935,787 |
FirstEnergy Corp. | 25,141 | 1,088,857 |
Hawaiian Electric Industries, Inc. | 20,604 | 847,030 |
NRG Energy, Inc. | 35,332 | 1,268,419 |
OGE Energy Corp. | 17,418 | 673,728 |
Pinnacle West Capital Corp. | 17,571 | 1,251,055 |
PPL Corp. | 55,552 | 1,572,677 |
Southern Co. (The) | 22,132 | 1,624,268 |
11,287,726 | ||
Electronic & Electrical Equipment — 1.8% | ||
Crane Co. (a) | 12,067 | 1,161,207 |
Emerson Electric Co. | 23,654 | 2,133,118 |
Hubbell, Inc. | 6,625 | 1,294,260 |
Johnson Controls International plc | 31,724 | 1,899,316 |
MKS Instruments, Inc. | 5,483 | 624,952 |
nVent Electric plc | 35,750 | 1,207,635 |
Pentair plc | 19,200 | 974,400 |
9,294,888 | ||
Finance & Credit Services — 0.6% | ||
Ally Financial, Inc. | 28,890 | 1,154,444 |
230 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Finance & Credit Services — continued | ||
MGIC Investment Corp. | 55,302 | 722,244 |
OneMain Holdings, Inc. | 24,208 | 1,111,874 |
2,988,562 | ||
Food Producers — 2.9% | ||
Archer-Daniels-Midland Co. | 21,700 | 1,943,452 |
Bunge Ltd. | 3,212 | 363,341 |
Campbell Soup Co. (a) | 23,428 | 1,106,270 |
Conagra Brands, Inc. | 36,868 | 1,287,799 |
Corteva, Inc. | 23,652 | 1,364,484 |
Flowers Foods, Inc. | 37,489 | 994,208 |
General Mills, Inc. | 28,339 | 2,004,418 |
Ingredion, Inc. | 6,933 | 590,068 |
J M Smucker Co. (The) | 10,185 | 1,394,632 |
Kellogg Co. | 14,144 | 968,864 |
Kraft Heinz Co. (The) | 41,590 | 1,772,982 |
Tyson Foods, Inc., Class A | 18,983 | 1,768,456 |
15,558,974 | ||
Gas, Water & Multi-utilities — 1.0% | ||
Duke Energy Corp. | 29,446 | 3,243,771 |
National Fuel Gas Co. | 10,413 | 730,264 |
UGI Corp. | 35,456 | 1,216,141 |
5,190,176 | ||
General Industrials — 2.8% | ||
3M Co. | 15,884 | 2,290,790 |
Amcor plc | 78,167 | 927,061 |
Berry Global Group, Inc. * | 12,322 | 694,345 |
Carlisle Cos., Inc. | 767 | 198,929 |
Dover Corp. | 10,066 | 1,341,798 |
DuPont de Nemours, Inc. | 5,962 | 393,075 |
Eaton Corp. plc | 16,287 | 2,361,941 |
Graphic Packaging Holding Co. | 19,499 | 425,078 |
Packaging Corp. of America | 9,124 | 1,470,515 |
Parker-Hannifin Corp. | 6,782 | 1,836,701 |
Silgan Holdings, Inc. | 21,262 | 943,395 |
Sonoco Products Co. | 5,818 | 360,192 |
Westrock Co. | 31,611 | 1,565,693 |
14,809,513 | ||
Health Care Providers — 4.9% | ||
Anthem, Inc. | 8,094 | 4,062,621 |
Centene Corp. * | 21,255 | 1,712,090 |
Cerner Corp. | 16,406 | 1,536,258 |
Cigna Corp. | 12,224 | 3,016,639 |
INVESTMENTS | SHARES | VALUE ($) |
Health Care Providers — continued | ||
Encompass Health Corp. | 6,830 | 470,109 |
Humana, Inc. | 4,851 | 2,156,561 |
Premier, Inc., Class A | 17,674 | 639,976 |
UnitedHealth Group, Inc. | 22,144 | 11,261,331 |
Universal Health Services, Inc., Class B | 7,744 | 948,872 |
25,804,457 | ||
Household Goods & Home Construction — 1.5% | ||
DR Horton, Inc. | 18,770 | 1,306,204 |
Leggett & Platt, Inc. | 29,827 | 1,062,736 |
Lennar Corp., Class A | 16,437 | 1,257,266 |
Newell Brands, Inc. | 56,971 | 1,318,879 |
PulteGroup, Inc. | 27,555 | 1,150,697 |
Toll Brothers, Inc. | 19,463 | 902,499 |
Whirlpool Corp. (a) | 6,359 | 1,154,286 |
8,152,567 | ||
Industrial Engineering — 1.7% | ||
AGCO Corp. | 8,712 | 1,109,909 |
Brunswick Corp. | 8,459 | 639,585 |
Caterpillar, Inc. | 17,039 | 3,587,391 |
Cummins, Inc. | 7,506 | 1,420,060 |
Snap-on, Inc. | 6,603 | 1,403,071 |
Stanley Black & Decker, Inc. | 8,946 | 1,074,862 |
9,234,878 | ||
Industrial Materials — 0.3% | ||
International Paper Co. | 35,538 | 1,644,699 |
Industrial Metals & Mining — 0.8% | ||
Nucor Corp. | 14,654 | 2,268,146 |
Reliance Steel & Aluminum Co. | 7,373 | 1,461,697 |
Timken Co. (The) | 10,042 | 578,821 |
4,308,664 | ||
Industrial Support Services — 1.6% | ||
ADT, Inc. (a) | 71,279 | 488,261 |
Bread Financial Holdings, Inc. | 19,306 | 1,057,969 |
Capital One Financial Corp. | 18,347 | 2,286,403 |
ManpowerGroup, Inc. | 12,914 | 1,164,843 |
MSC Industrial Direct Co., Inc., Class A | 12,084 | 1,001,280 |
Robert Half International, Inc. | 4,291 | 421,848 |
Synchrony Financial | 42,371 | 1,559,677 |
Western Union Co. (The) | 28,382 | 475,682 |
8,455,963 | ||
Industrial Transportation — 2.1% | ||
Allison Transmission Holdings, Inc. | 18,443 | 690,506 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 231 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Industrial Transportation — continued | ||
Knight-Swift Transportation Holdings, Inc. | 14,025 | 671,657 |
Norfolk Southern Corp. | 8,712 | 2,246,651 |
Oshkosh Corp. | 10,725 | 991,419 |
PACCAR, Inc. | 17,247 | 1,432,363 |
Ryder System, Inc. | 15,179 | 1,061,012 |
Schneider National, Inc., Class B | 22,715 | 536,756 |
Union Pacific Corp. | 14,021 | 3,284,980 |
10,915,344 | ||
Investment Banking & Brokerage Services — 1.1% | ||
Bank of New York Mellon Corp. (The) | 39,776 | 1,672,979 |
Franklin Resources, Inc. | 26,984 | 663,537 |
Invesco Ltd. | 59,643 | 1,096,238 |
Jefferies Financial Group, Inc. | 37,053 | 1,139,750 |
State Street Corp. | 19,364 | 1,296,807 |
5,869,311 | ||
Leisure Goods — 1.5% | ||
Activision Blizzard, Inc. | 32,561 | 2,461,611 |
Garmin Ltd. | 11,820 | 1,297,127 |
Harley-Davidson, Inc. | 32,071 | 1,168,988 |
Hasbro, Inc. | 15,060 | 1,326,184 |
Polaris, Inc. (a) | 10,771 | 1,022,599 |
Thor Industries, Inc. (a) | 12,018 | 919,978 |
8,196,487 | ||
Life Insurance — 1.6% | ||
Lincoln National Corp. | 22,297 | 1,341,164 |
MetLife, Inc. | 34,441 | 2,262,085 |
Principal Financial Group, Inc. | 22,783 | 1,552,434 |
Prudential Financial, Inc. | 19,669 | 2,134,283 |
Unum Group | 45,063 | 1,375,323 |
8,665,289 | ||
Media — 2.2% | ||
Fox Corp., Class A | 33,481 | 1,199,959 |
Interpublic Group of Cos., Inc. (The) | 42,135 | 1,374,444 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 10,549 | 441,792 |
News Corp., Class A | 62,169 | 1,234,677 |
Nexstar Media Group, Inc., Class A | 6,984 | 1,106,405 |
Nielsen Holdings plc | 66,851 | 1,792,275 |
Omnicom Group, Inc. | 18,923 | 1,440,608 |
Paramount Global, Class B | 44,551 | 1,297,325 |
Warner Bros Discovery, Inc. * | 90,508 | 1,642,720 |
11,530,205 |
INVESTMENTS | SHARES | VALUE ($) |
Medical Equipment & Services — 2.2% | ||
Baxter International, Inc. | 9,387 | 667,040 |
Becton Dickinson and Co. | 9,116 | 2,253,384 |
Embecta Corp. * | 1,841 | 56,022 |
Laboratory Corp. of America Holdings * | 3,890 | 934,689 |
Medtronic plc | 39,064 | 4,076,719 |
PerkinElmer, Inc. | 6,448 | 945,342 |
Quest Diagnostics, Inc. | 11,011 | 1,473,712 |
Quidel Corp. * | 5,176 | 520,809 |
Zimmer Biomet Holdings, Inc. | 7,892 | 952,959 |
11,880,676 | ||
Mortgage Real Estate Investment Trusts — 0.8% | ||
AGNC Investment Corp. | 84,913 | 932,345 |
Annaly Capital Management, Inc. | 190,894 | 1,225,540 |
New Residential Investment Corp. | 95,558 | 993,803 |
Starwood Property Trust, Inc. | 41,421 | 947,712 |
4,099,400 | ||
Non-life Insurance — 1.5% | ||
American International Group, Inc. | 28,346 | 1,658,524 |
Assured Guaranty Ltd. | 19,941 | 1,099,746 |
Axis Capital Holdings Ltd. | 6,789 | 389,213 |
Everest Re Group Ltd. | 3,053 | 838,690 |
First American Financial Corp. | 17,780 | 1,036,752 |
Hartford Financial Services Group, Inc. (The) | 10,857 | 759,230 |
Mercury General Corp. | 10,512 | 530,120 |
Old Republic International Corp. | 48,652 | 1,070,831 |
Reinsurance Group of America, Inc. | 6,141 | 659,052 |
8,042,158 | ||
Non-Renewable Energy — 4.2% | ||
Antero Midstream Corp. | 85,713 | 880,273 |
Chevron Corp. | 29,312 | 4,592,311 |
ConocoPhillips | 5,004 | 477,982 |
Exxon Mobil Corp. | 111,362 | 9,493,610 |
HF Sinclair Corp. * | 28,357 | 1,078,133 |
Kinder Morgan, Inc. | 106,444 | 1,931,959 |
ONEOK, Inc. | 19,104 | 1,209,856 |
Valero Energy Corp. | 8,597 | 958,394 |
Williams Cos., Inc. (The) | 43,794 | 1,501,696 |
22,124,214 | ||
Personal Care, Drug & Grocery Stores — 1.6% | ||
Albertsons Cos., Inc., Class A | 28,121 | 879,625 |
CVS Health Corp. | 43,102 | 4,143,395 |
Kroger Co. (The) | 31,886 | 1,720,568 |
232 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Personal Care, Drug & Grocery Stores — continued | ||
Spectrum Brands Holdings, Inc. | 1,628 | 138,494 |
Walgreens Boots Alliance, Inc. | 40,764 | 1,728,394 |
8,610,476 | ||
Personal Goods — 1.2% | ||
Capri Holdings Ltd. * | 15,205 | 725,279 |
Carter's, Inc. | 12,171 | 1,025,285 |
Columbia Sportswear Co. | 6,203 | 509,638 |
Hanesbrands, Inc. | 59,124 | 783,984 |
PVH Corp. | 15,646 | 1,138,716 |
Ralph Lauren Corp. | 10,611 | 1,107,152 |
Tapestry, Inc. | 36,754 | 1,209,942 |
6,499,996 | ||
Pharmaceuticals, Biotechnology & Marijuana Producers — 6.5% | ||
Amgen, Inc. | 13,531 | 3,155,294 |
Biogen, Inc. * | 3,916 | 812,335 |
Bristol-Myers Squibb Co. | 43,339 | 3,262,126 |
Cardinal Health, Inc. | 16,738 | 971,641 |
Gilead Sciences, Inc. | 38,255 | 2,270,052 |
Johnson & Johnson | 54,099 | 9,762,706 |
Merck & Co., Inc. | 68,202 | 6,048,835 |
Perrigo Co. plc | 6,973 | 239,174 |
Pfizer, Inc. | 141,189 | 6,928,144 |
Sage Therapeutics, Inc. * | 6,786 | 213,895 |
United Therapeutics Corp. * | 4,733 | 840,391 |
34,504,593 | ||
Real Estate Investment & Services — 0.2% | ||
Jones Lang LaSalle, Inc. * | 4,137 | 904,886 |
Real Estate Investment Trusts — 3.3% | ||
Brixmor Property Group, Inc. | 30,218 | 766,933 |
Cousins Properties, Inc. | 10,003 | 359,108 |
EPR Properties (a) | 8,033 | 421,893 |
Equity Residential | 14,438 | 1,176,697 |
Gaming and Leisure Properties, Inc. | 11,738 | 520,932 |
Highwoods Properties, Inc. | 18,389 | 751,007 |
Iron Mountain, Inc. | 17,224 | 925,446 |
Kilroy Realty Corp. | 10,090 | 706,300 |
Kimco Realty Corp. | 60,754 | 1,538,899 |
Medical Properties Trust, Inc. | 49,048 | 901,993 |
National Retail Properties, Inc. | 16,444 | 720,905 |
Omega Healthcare Investors, Inc. | 25,292 | 644,440 |
Regency Centers Corp. | 11,418 | 785,901 |
Simon Property Group, Inc. | 10,499 | 1,238,882 |
SL Green Realty Corp. (a) | 15,626 | 1,081,632 |
INVESTMENTS | SHARES | VALUE ($) |
Real Estate Investment Trusts — continued | ||
Ventas, Inc. | 16,235 | 901,854 |
VICI Properties, Inc. | 34,637 | 1,032,529 |
Vornado Realty Trust | 12,940 | 500,907 |
Welltower, Inc. | 15,850 | 1,439,338 |
Weyerhaeuser Co. | 7,742 | 319,125 |
WP Carey, Inc. | 10,538 | 851,154 |
17,585,875 | ||
Retailers — 4.6% | ||
Advance Auto Parts, Inc. | 6,322 | 1,262,061 |
AutoNation, Inc. * | 10,167 | 1,178,457 |
Best Buy Co., Inc. | 14,841 | 1,334,651 |
Dick's Sporting Goods, Inc. (a) | 11,042 | 1,064,669 |
Dollar General Corp. | 8,243 | 1,957,960 |
Foot Locker, Inc. | 29,362 | 860,600 |
Gap, Inc. (The) | 73,176 | 908,846 |
Kohl's Corp. | 22,147 | 1,281,868 |
Lithia Motors, Inc. | 4,013 | 1,136,201 |
Penske Automotive Group, Inc. | 11,579 | 1,213,711 |
Qurate Retail, Inc., Series A | 163,725 | 689,282 |
Target Corp. | 14,317 | 3,273,582 |
Victoria's Secret & Co. * | 23,666 | 1,115,142 |
Walmart, Inc. | 39,727 | 6,077,834 |
Williams-Sonoma, Inc. (a) | 7,529 | 982,384 |
24,337,248 | ||
Software & Computer Services — 13.1% | ||
Akamai Technologies, Inc. * | 10,631 | 1,193,649 |
Alphabet, Inc., Class A * | 4,032 | 9,201,790 |
Amdocs Ltd. | 16,489 | 1,314,008 |
Aspen Technology, Inc. * | 1,035 | 164,089 |
Black Knight, Inc. * | 10,034 | 660,137 |
CACI International, Inc., Class A * | 4,190 | 1,111,607 |
CDK Global, Inc. | 26,362 | 1,434,356 |
Change Healthcare, Inc. * | 37,430 | 881,851 |
Citrix Systems, Inc. | 9,902 | 991,190 |
Clarivate plc * | 37,382 | 586,150 |
Cognizant Technology Solutions Corp., Class A | 25,382 | 2,053,404 |
Dell Technologies, Inc., Class C | 15,330 | 720,663 |
Dolby Laboratories, Inc., Class A | 16,800 | 1,301,496 |
Dun & Bradstreet Holdings, Inc. * | 35,976 | 568,061 |
DXC Technology Co. * | 28,479 | 817,347 |
F5, Inc. * | 5,223 | 874,382 |
Hewlett Packard Enterprise Co. | 99,142 | 1,527,778 |
InterActiveCorp. * | 7,100 | 588,448 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 233 |
INVESTMENTS | SHARES | VALUE ($) |
Common Stocks — continued | ||
Software & Computer Services — continued | ||
International Business Machines Corp. | 30,758 | 4,066,515 |
Intuit, Inc. | 7,284 | 3,050,175 |
Leidos Holdings, Inc. | 13,707 | 1,418,812 |
Meta Platforms, Inc., Class A * | 44,199 | 8,860,574 |
Microsoft Corp. | 35,651 | 9,893,866 |
N-able, Inc. * | 12,587 | 125,870 |
NCR Corp. * | 21,871 | 766,141 |
NortonLifeLock, Inc. | 44,159 | 1,105,741 |
Oracle Corp. | 51,346 | 3,768,796 |
PTC, Inc. * | 7,486 | 854,976 |
Roper Technologies, Inc. | 3,585 | 1,684,663 |
Salesforce, Inc. * | 25,458 | 4,479,081 |
Science Applications International Corp. | 13,390 | 1,114,450 |
SolarWinds Corp. | 23,784 | 294,208 |
SS&C Technologies Holdings, Inc. | 20,028 | 1,295,011 |
Teradata Corp. * | 21,827 | 902,546 |
69,671,831 | ||
Technology Hardware & Equipment — 14.4% | ||
Amphenol Corp., Class A | 21,212 | 1,516,658 |
Analog Devices, Inc. | 19,196 | 2,963,478 |
Apple, Inc. | 67,682 | 10,670,067 |
Applied Materials, Inc. | 30,621 | 3,379,027 |
Arrow Electronics, Inc. * | 9,789 | 1,153,732 |
Avnet, Inc. | 26,200 | 1,143,892 |
Azenta, Inc. | 9,176 | 687,833 |
Broadcom, Inc. | 11,254 | 6,239,105 |
CDW Corp. | 8,811 | 1,437,779 |
Cirrus Logic, Inc. * | 9,093 | 689,249 |
Concentrix Corp. | 3,820 | 601,574 |
Corning, Inc. | 47,121 | 1,658,188 |
Entegris, Inc. | 12,004 | 1,337,126 |
HP, Inc. | 53,683 | 1,966,408 |
Intel Corp. | 122,973 | 5,360,393 |
IPG Photonics Corp. * | 5,162 | 487,706 |
Jabil, Inc. | 23,564 | 1,360,350 |
KLA Corp. | 6,658 | 2,125,633 |
Lam Research Corp. | 5,341 | 2,487,624 |
Marvell Technology, Inc. | 30,608 | 1,777,713 |
Microchip Technology, Inc. | 24,845 | 1,619,894 |
Micron Technology, Inc. | 41,063 | 2,800,086 |
National Instruments Corp. | 17,332 | 626,378 |
NetApp, Inc. | 19,195 | 1,406,034 |
NXP Semiconductors NV (China) | 9,723 | 1,661,661 |
ON Semiconductor Corp. * | 29,324 | 1,528,074 |
INVESTMENTS | SHARES | VALUE ($) |
Technology Hardware & Equipment — continued | ||
Qorvo, Inc. * | 9,003 | 1,024,361 |
QUALCOMM, Inc. | 34,743 | 4,853,250 |
Skyworks Solutions, Inc. | 12,170 | 1,378,861 |
TD SYNNEX Corp. | 11,630 | 1,164,047 |
Teradyne, Inc. | 11,850 | 1,249,701 |
Texas Instruments, Inc. | 27,609 | 4,700,432 |
Universal Display Corp. | 4,804 | 613,615 |
Vertiv Holdings Co. | 35,446 | 444,138 |
Western Digital Corp. * | 29,612 | 1,571,509 |
Xerox Holdings Corp. | 62,678 | 1,090,597 |
76,776,173 | ||
Telecommunications Equipment — 1.1% | ||
Cisco Systems, Inc. | 99,021 | 4,850,049 |
Juniper Networks, Inc. | 34,777 | 1,096,171 |
5,946,220 | ||
Telecommunications Service Providers — 1.4% | ||
AT&T, Inc. | 188,701 | 3,558,901 |
Comcast Corp., Class A | 49,486 | 1,967,563 |
DISH Network Corp., Class A * (a) | 32,695 | 932,135 |
Lumen Technologies, Inc. | 94,789 | 953,577 |
Verizon Communications, Inc. | 5,269 | 243,955 |
7,656,131 | ||
Tobacco — 0.8% | ||
Altria Group, Inc. | 54,692 | 3,039,234 |
Philip Morris International, Inc. | 12,156 | 1,215,600 |
4,254,834 | ||
Travel & Leisure — 1.1% | ||
Boyd Gaming Corp. | 13,283 | 804,684 |
Copa Holdings SA, Class A (Panama) * (a) | 13,382 | 1,008,601 |
Darden Restaurants, Inc. | 11,465 | 1,510,285 |
Travel + Leisure Co. | 23,524 | 1,305,112 |
Wendy's Co. (The) | 55,586 | 1,098,379 |
Wyndham Hotels & Resorts, Inc. | 2,368 | 208,289 |
5,935,350 | ||
Total Common Stocks (Cost $564,237,538) | 530,416,846 | |
Short-Term Investments — 1.9% | ||
Investment Companies — 0.1% | ||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c)(Cost $512,860) | 512,860 | 512,860 |
234 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
INVESTMENTS | SHARES | VALUE ($) |
Short-Term Investments — continued | ||
Investment of Cash Collateral from Securities Loaned — 1.8% | ||
JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 0.37% (b) (c) | 6,299,773 | 6,295,363 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 3,034,556 | 3,034,556 |
Total Investment of Cash Collateral from Securities Loaned (Cost $9,328,789) | 9,329,919 | |
Total Short-Term Investments (Cost $9,841,649) | 9,842,779 | |
Total Investments — 101.7% (Cost $574,079,187) | 540,259,625 | |
Liabilities in Excess of Other Assets — (1.7)% | (8,815,958) | |
NET ASSETS — 100.0% | 531,443,667 | |
Percentages indicated are based on net assets. |
* | Non-income producing security. |
(a) | The security or a portion of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 is $8,759,167. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
DESCRIPTION | NUMBER OF CONTRACTS | EXPIRATION DATE | TRADING CURRENCY | NOTIONAL AMOUNT ($) | VALUE AND UNREALIZED APPRECIATION (DEPRECIATION) ($) |
Long Contracts | |||||
Micro E-Mini S&P 500 Index | 39 | 06/17/2022 | USD | 804,814 | (14,854) |
Abbreviations | |
USD | United States Dollar |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 235 |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | JPMorgan ActiveBuilders International Equity ETF | JPMorgan BetaBuilders Canada ETF | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | ||||
ASSETS: | |||||||
Investments in non-affiliates, at value | $ 711,351,002 | $24,574,404 | $6,512,686,175 | $4,273,719,667 | |||
Investments in affiliates, at value | 14,335,116 | 450,008 | — | — | |||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 368,660 | 152,324 | 478,266,529 | 10,861,479 | |||
Cash | 1,093,614 | 56,260 | 3,920 | 10,000 | |||
Foreign currency, at value | 639,700 | 83,344 | 22,271,527 | 10,914,300 | |||
Deposits at broker for futures contracts | — | — | 1,675,824 | 1,139,534 | |||
Segregated cash balance with Authorized Participant for deposit securities | 241,731 | — | 371,477 | — | |||
Receivables: | |||||||
Investment securities sold | 67,365 | — | — | — | |||
Fund shares sold | 76,826 | — | — | — | |||
Dividends from non-affiliates | 1,207,846 | 90,503 | 10,911,706 | 5,084,969 | |||
Dividends from affiliates | 164 | 5 | — | — | |||
Tax reclaims | 4,803 | 26,084 | — | 317,370 | |||
Securities lending income (See Note 2.C) | 273 | 96 | 111,327 | 4,561 | |||
Due from Authorized Participant | 214,336 | — | — | — | |||
Other assets | 29,596 | — | 205,668 | 196,488 | |||
Total Assets | 729,631,032 | 25,433,028 | 7,026,504,153 | 4,302,248,368 | |||
LIABILITIES: | |||||||
Payables: | |||||||
Investment securities purchased | 638,814 | — | — | 65,714 | |||
Collateral received on securities loaned (See Note 2.C) | 368,660 | 152,324 | 478,266,529 | 10,861,479 | |||
Variation margin on futures contracts | — | — | 68,591 | 52,564 | |||
Collateral upon return of deposit securities | 241,731 | — | 371,477 | — | |||
Accrued liabilities: | |||||||
Management fees (See Note 3.A) | 199,987 | 4,897 | 1,103,055 | 725,289 | |||
Other | — | 362 | — | 16,296 | |||
Total Liabilities | 1,449,192 | 157,583 | 479,809,652 | 11,721,342 | |||
Net Assets | $ 728,181,840 | $25,275,445 | $6,546,694,501 | $4,290,527,026 |
236 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | JPMorgan ActiveBuilders International Equity ETF | JPMorgan BetaBuilders Canada ETF | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | ||||
NET ASSETS: | |||||||
Paid-in-Capital | $ 858,279,180 | $28,789,940 | $5,304,819,830 | $4,394,889,597 | |||
Total distributable earnings (loss) | (130,097,340) | (3,514,495) | 1,241,874,671 | (104,362,571) | |||
Total Net Assets: | $ 728,181,840 | $25,275,445 | $6,546,694,501 | $4,290,527,026 | |||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 19,100,000 | 600,000 | 101,298,911 | 82,398,641 | |||
Net asset value, per share | $ 38.12 | $ 42.13 | $ 64.63 | $ 52.07 | |||
Cost of investments in non-affiliates | $ 823,873,143 | $27,713,962 | $5,175,314,258 | $4,178,595,820 | |||
Cost of investments in affiliates | 14,334,650 | 450,008 | — | — | |||
Cost of foreign currency | 641,310 | 84,526 | 22,446,757 | 11,167,513 | |||
Investment securities on loan, at value (See Note 2.C) | 345,193 | 144,797 | 440,727,186 | 7,721,703 | |||
Cost of investment of cash collateral (See Note 2.C) | 368,660 | 152,324 | 478,272,533 | 10,861,861 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 237 |
JPMorgan BetaBuilders Europe ETF | JPMorgan BetaBuilders International Equity ETF | JPMorgan BetaBuilders Japan ETF | JPMorgan BetaBuilders U.S. Equity ETF | ||||
ASSETS: | |||||||
Investments in non-affiliates, at value | $ 9,364,866,373 | $2,914,099,386 | $7,030,019,552 | $1,066,498,890 | |||
Investments in affiliates, at value | — | 9,889,216 | — | 14,447,307 | |||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 570,727,372 | 80,452,707 | 11,683,998 | 4,273,902 | |||
Cash | 213,331 | 1,497,240 | 110,284 | 5,653 | |||
Foreign currency, at value | 31,789,856 | 1,917,003 | 13,541,930 | — | |||
Deposits at broker for futures contracts | 8,690,807 | — | 4,290,941 | 380,000 | |||
Receivables: | |||||||
Dividends from non-affiliates | 23,900,926 | 12,145,683 | 70,972,945 | 722,688 | |||
Dividends from affiliates | — | 99 | — | 41 | |||
Tax reclaims | 18,910,667 | 4,832,214 | 71,906 | — | |||
Securities lending income (See Note 2.C) | 447,091 | 73,973 | 31,580 | 1,919 | |||
Variation margin on futures contracts | — | 1,330,327 | 2,016,091 | — | |||
Other assets | 118,837 | — | 148,340 | 34,967 | |||
Total Assets | 10,019,665,260 | 3,026,237,848 | 7,132,887,567 | 1,086,365,367 | |||
LIABILITIES: | |||||||
Payables: | |||||||
Investment securities purchased | — | — | — | 186,750 | |||
Collateral received on securities loaned (See Note 2.C) | 570,727,372 | 80,452,707 | 11,683,998 | 4,273,902 | |||
Variation margin on futures contracts | 524,356 | — | — | 160,411 | |||
Accrued liabilities: | |||||||
Management fees (See Note 3.A) | 814,789 | 176,056 | 1,175,559 | 18,144 | |||
Other | — | 25,773 | — | — | |||
Total Liabilities | 572,066,517 | 80,654,536 | 12,859,557 | 4,639,207 | |||
Net Assets | $ 9,447,598,743 | $2,945,583,312 | $7,120,028,010 | $1,081,726,160 | |||
NET ASSETS: | |||||||
Paid-in-Capital | $10,167,136,425 | $2,834,769,236 | $8,112,232,251 | $1,070,585,940 | |||
Total distributable earnings (loss) | (719,537,682) | 110,814,076 | (992,204,241) | 11,140,220 | |||
Total Net Assets: | $ 9,447,598,743 | $2,945,583,312 | $7,120,028,010 | $1,081,726,160 | |||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 183,299,596 | 56,800,000 | 152,797,548 | 14,550,000 | |||
Net asset value, per share | $ 51.54 | $ 51.86 | $ 46.60 | $ 74.35 | |||
Cost of investments in non-affiliates | $10,215,627,530 | $2,828,172,941 | $7,926,422,905 | $1,058,374,731 | |||
Cost of investments in affiliates | — | 9,889,216 | — | 16,003,587 | |||
Cost of foreign currency | 32,014,874 | 1,922,933 | 13,935,313 | — | |||
Investment securities on loan, at value (See Note 2.C) | 502,857,161 | 65,283,866 | 11,113,596 | 3,968,472 | |||
Cost of investment of cash collateral (See Note 2.C) | 570,721,952 | 80,457,110 | 11,682,989 | 4,273,902 |
238 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | JPMorgan Carbon Transition U.S. Equity ETF | JPMorgan Climate Change Solutions ETF | ||||
ASSETS: | |||||||
Investments in non-affiliates, at value | $1,499,507,503 | $490,717,159 | $22,175,974 | $20,565,141 | |||
Investments in affiliates, at value | 4,118,599 | 6,867,283 | 11,653 | — | |||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 38,690,531 | 7,995,973 | — | — | |||
Cash | 5,365 | 745 | 343 | 180,630 | |||
Deposits at broker for futures contracts | 429,000 | 460,000 | 12,000 | — | |||
Receivables: | |||||||
Fund shares sold | 64,401,591 | 73,170,185 | — | — | |||
Dividends from non-affiliates | 469,756 | 111,351 | 18,452 | 32,052 | |||
Dividends from affiliates | 41 | 69 | — | — | |||
Tax reclaims | — | — | — | 15,583 | |||
Securities lending income (See Note 2.C) | 49,916 | 37,662 | — | — | |||
Total Assets | 1,607,672,302 | 579,360,427 | 22,218,422 | 20,793,406 | |||
LIABILITIES: | |||||||
Payables: | |||||||
Foreign currency due to custodian, at value | — | — | — | 4,669 | |||
Investment securities purchased | 64,096,659 | 71,359,839 | — | — | |||
Collateral received on securities loaned (See Note 2.C) | 38,690,531 | 7,995,973 | — | — | |||
Variation margin on futures contracts | 119,850 | 199,026 | 798 | — | |||
Accrued liabilities: | |||||||
Management fees (See Note 3.A) | 87,211 | 33,432 | 2,401 | 8,878 | |||
Other | 25,977 | 7,540 | 298 | — | |||
Total Liabilities | 103,020,228 | 79,595,810 | 3,497 | 13,547 | |||
Net Assets | $1,504,652,074 | $499,764,617 | $22,214,925 | $20,779,859 | |||
NET ASSETS: | |||||||
Paid-in-Capital | $1,518,123,680 | $571,162,967 | $20,477,261 | $26,388,065 | |||
Total distributable earnings (loss) | (13,471,606) | (71,398,350) | 1,737,664 | (5,608,206) | |||
Total Net Assets: | $1,504,652,074 | $499,764,617 | $22,214,925 | $20,779,859 | |||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 19,275,000 | 9,050,000 | 400,000 | 550,000 | |||
Net asset value, per share | $ 78.06 | $ 55.22 | $ 55.54 | $ 37.78 | |||
Cost of investments in non-affiliates | $1,584,975,117 | $564,528,261 | $21,629,947 | $25,003,052 | |||
Cost of investments in affiliates | 4,118,599 | 6,867,283 | 11,653 | — | |||
Investment securities on loan, at value (See Note 2.C) | 36,202,057 | 7,449,030 | — | — | |||
Cost of investment of cash collateral (See Note 2.C) | 38,690,417 | 7,996,972 | — | — |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 239 |
JPMorgan Diversified Return Emerging Markets Equity ETF | JPMorgan Diversified Return International Equity ETF | JPMorgan Diversified Return U.S. Equity ETF | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | ||||
ASSETS: | |||||||
Investments in non-affiliates, at value | $164,866,553 | $ 753,764,064 | $555,137,098 | $246,257,623 | |||
Investments in affiliates, at value | — | 268,189 | 1,137,701 | 250,728 | |||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 780,542 | 16,702,824 | 11,632,903 | 7,764,364 | |||
Cash | 278,125 | 506,321 | 1,940 | 7,172 | |||
Foreign currency, at value | 175,224 | 52,027 | — | — | |||
Deposits at broker for futures contracts | — | 424,600 | 132,400 | 15,000 | |||
Receivables: | |||||||
Investment securities sold | — | 541,238 | — | — | |||
Fund shares sold | — | — | — | 18,128,281 | |||
Dividends from non-affiliates | 425,293 | 4,925,420 | 511,030 | 139,041 | |||
Dividends from affiliates | — | 3 | 11 | 2 | |||
Tax reclaims | 5,735 | 1,444,991 | — | — | |||
Securities lending income (See Note 2.C) | 216 | 8,836 | 1,041 | 724 | |||
Other assets | 3,921 | 8,581 | — | 4,553 | |||
Total Assets | 166,535,609 | 778,647,094 | 568,554,124 | 272,567,488 | |||
LIABILITIES: | |||||||
Payables: | |||||||
Due to custodian | — | 539,914 | — | — | |||
Investment securities purchased | 20,112 | — | 1,016,778 | 18,104,027 | |||
Collateral received on securities loaned (See Note 2.C) | 780,542 | 16,702,824 | 11,632,903 | 7,764,364 | |||
Variation margin on futures contracts | 1,524 | 88,278 | 26,275 | 7,050 | |||
Accrued liabilities: | |||||||
Management fees (See Note 3.A) | 62,140 | 242,813 | 87,384 | 47,690 | |||
Deferred foreign capital gains tax | 683,891 | — | — | — | |||
Other | — | 2,724 | 919 | — | |||
Total Liabilities | 1,548,209 | 17,576,553 | 12,764,259 | 25,923,131 | |||
Net Assets | $164,987,400 | $ 761,070,541 | $555,789,865 | $246,644,357 | |||
NET ASSETS: | |||||||
Paid-in-Capital | $188,786,760 | $ 902,054,675 | $430,673,873 | $215,140,517 | |||
Total distributable earnings (loss) | (23,799,360) | (140,984,134) | 125,115,992 | 31,503,840 | |||
Total Net Assets: | $164,987,400 | $ 761,070,541 | $555,789,865 | $246,644,357 | |||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 3,100,000 | 14,200,000 | 5,600,000 | 2,800,000 | |||
Net asset value, per share | $ 53.22 | $ 53.60 | $ 99.25 | $ 88.09 | |||
Cost of investments in non-affiliates | $158,606,537 | $ 785,633,889 | $473,370,734 | $215,083,918 | |||
Cost of investments in affiliates | — | 268,189 | 1,137,701 | 250,728 | |||
Cost of foreign currency | 142,838 | 50,806 | — | — | |||
Investment securities on loan, at value (See Note 2.C) | 728,207 | 13,303,812 | 10,915,468 | 7,354,015 | |||
Cost of investment of cash collateral (See Note 2.C) | 780,542 | 16,701,972 | 11,632,413 | 7,764,543 |
240 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPMorgan International Growth ETF | JPMorgan U.S. Dividend ETF | |||
ASSETS: | |||||
Investments in non-affiliates, at value | $200,346,498 | $57,269,607 | $63,743,943 | ||
Investments in affiliates, at value | 96,528 | 1,633,814 | 117,552 | ||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 16,316,768 | — | 1,118,762 | ||
Cash | 69,565 | 113,953 | 5,099 | ||
Foreign currency, at value | — | 10,266 | — | ||
Deposits at broker for futures contracts | 79,200 | — | 25,280 | ||
Receivables: | |||||
Investment securities sold | — | 102,279 | — | ||
Dividends from non-affiliates | 87,866 | 59,415 | 95,418 | ||
Dividends from affiliates | 1 | 16 | 1 | ||
Tax reclaims | — | 64,905 | — | ||
Securities lending income (See Note 2.C) | 7,398 | — | 71 | ||
Other assets | 4,610 | 1,466 | 1,916 | ||
Total Assets | 217,008,434 | 59,255,721 | 65,108,042 | ||
LIABILITIES: | |||||
Payables: | |||||
Investment securities purchased | — | 401,366 | 51,856 | ||
Collateral received on securities loaned (See Note 2.C) | 16,316,768 | — | 1,118,762 | ||
Variation margin on futures contracts | 5,301 | — | 3,850 | ||
Accrued liabilities: | |||||
Management fees (See Note 3.A) | 48,387 | 28,159 | 6,052 | ||
Total Liabilities | 16,370,456 | 429,525 | 1,180,520 | ||
Net Assets | $200,637,978 | $58,826,196 | $63,927,522 | ||
NET ASSETS: | |||||
Paid-in-Capital | $204,974,054 | $67,390,279 | $62,900,818 | ||
Total distributable earnings (loss) | (4,336,076) | (8,564,083) | 1,026,704 | ||
Total Net Assets: | $200,637,978 | $58,826,196 | $63,927,522 | ||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 4,950,000 | 1,050,000 | 1,900,000 | ||
Net asset value, per share | $ 40.53 | $ 56.02 | $ 33.65 | ||
Cost of investments in non-affiliates | $198,558,611 | $61,837,165 | $62,644,819 | ||
Cost of investments in affiliates | 96,528 | 1,633,814 | 117,552 | ||
Cost of foreign currency | — | 10,348 | — | ||
Investment securities on loan, at value (See Note 2.C) | 15,285,821 | — | 1,052,590 | ||
Cost of investment of cash collateral (See Note 2.C) | 16,318,337 | — | 1,118,762 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 241 |
JPMorgan U.S. Minimum Volatility ETF | JPMorgan U.S. Momentum Factor ETF | JPMorgan U.S. Quality Factor ETF | JPMorgan U.S. Value Factor ETF | ||||
ASSETS: | |||||||
Investments in non-affiliates, at value | $29,556,582 | $244,520,411 | $402,299,083 | $530,416,846 | |||
Investments in affiliates, at value | 21,295 | 214,672 | 442,519 | 512,860 | |||
Investments of cash collateral received from securities loaned, at value (See Note 2.C) | 233,865 | 3,349,802 | 3,502,028 | 9,329,919 | |||
Cash | 1,256 | — | 7,508 | — | |||
Deposits at broker for futures contracts | 5,320 | 30,360 | 55,440 | 98,640 | |||
Receivables: | |||||||
Investment securities sold | 1,850,319 | — | 10,259,128 | — | |||
Dividends from non-affiliates | 26,227 | 188,030 | 308,723 | 505,984 | |||
Dividends from affiliates | —(a) | 2 | 5 | 5 | |||
Securities lending income (See Note 2.C) | 25 | 2,903 | 4,671 | 911 | |||
Other assets | 411 | 4,411 | 4,606 | — | |||
Total Assets | 31,695,300 | 248,310,591 | 416,883,711 | 540,865,165 | |||
LIABILITIES: | |||||||
Payables: | |||||||
Due to custodian | — | 3,027 | — | 803 | |||
Collateral received on securities loaned (See Note 2.C) | 233,865 | 3,349,802 | 3,502,028 | 9,329,919 | |||
Fund shares redeemed | 1,850,505 | — | 10,322,079 | — | |||
Variation margin on futures contracts | 781 | 7,296 | 18,692 | 25,730 | |||
Accrued liabilities: | |||||||
Management fees (See Note 3.A) | 2,720 | 26,100 | 42,934 | 56,129 | |||
Other | — | — | — | 8,917 | |||
Total Liabilities | 2,087,871 | 3,386,225 | 13,885,733 | 9,421,498 | |||
Net Assets | $29,607,429 | $244,924,366 | $402,997,978 | $531,443,667 | |||
NET ASSETS: | |||||||
Paid-in-Capital | $31,267,215 | $246,019,366 | $381,941,177 | $578,320,806 | |||
Total distributable earnings (loss) | (1,659,786) | (1,095,000) | 21,056,801 | (46,877,139) | |||
Total Net Assets: | $29,607,429 | $244,924,366 | $402,997,978 | $531,443,667 | |||
Outstanding number of shares (unlimited number of shares authorized - par value $0.0001) | 800,000 | 6,150,000 | 10,100,000 | 15,250,000 | |||
Net asset value, per share | $ 37.01 | $ 39.83 | $ 39.90 | $ 34.85 | |||
Cost of investments in non-affiliates | $28,701,746 | $255,339,077 | $399,008,342 | $564,237,538 | |||
Cost of investments in affiliates | 21,295 | 214,672 | 442,519 | 512,860 | |||
Investment securities on loan, at value (See Note 2.C) | 224,302 | 3,148,692 | 3,301,227 | 8,759,167 | |||
Cost of investment of cash collateral (See Note 2.C) | 233,890 | 3,349,802 | 3,502,177 | 9,328,789 |
(a) | Amount rounds to less than $1. |
242 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | JPMorgan ActiveBuilders International Equity ETF | JPMorgan BetaBuilders Canada ETF | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | ||||
INVESTMENT INCOME: | |||||||
Interest income from non-affiliates | $ 46 | $ — | $ 7,286 | $ — | |||
Interest income from affiliates | 41 | — | 661 | 1 | |||
Dividend income from non-affiliates | 4,802,184 | 430,102 | 91,010,856 | 80,305,974 | |||
Dividend income from affiliates | 6,203 | 204 | — | — | |||
Non-cash dividend income from non-affiliates | 309,770 | 26,050 | — | — | |||
Income from securities lending (net) (See Note 2.C) | 3,952 | 158 | 814,800 | 303,979 | |||
Foreign taxes withheld (net) | (448,750) | (50,437) | (12,623,127) | (588,100) | |||
Total investment income | 4,673,446 | 406,077 | 79,210,476 | 80,021,854 | |||
EXPENSES: | |||||||
Management fees (See Note 3.A) | 750,332 | 34,116 | 6,010,115 | 3,958,615 | |||
Interest expense to non-affiliates | — | — | 999 | 4,662 | |||
Interest expense to affiliates | 261 | 22 | 11 | — | |||
Other | 5,948 | 281 | 97,957 | 73,833 | |||
Total expenses | 756,541 | 34,419 | 6,109,082 | 4,037,110 | |||
Net investment income (loss) | 3,916,905 | 371,658 | 73,101,394 | 75,984,744 | |||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||||
Net realized gain (loss) on transactions from: | |||||||
Investments in non-affiliates | (18,406,338)(a) | (548,817) | (13,031,222) | (99,741,059) | |||
Investments in affiliates | (2,729) | — | — | — | |||
In-kind redemptions of investments in non-affiliates (See Note 4) | — | — | 5,817,982 | — | |||
Futures contracts | — | — | 2,546,850 | (294,699) | |||
Foreign currency transactions | 5,851 | (6,045) | (987,386) | (334,386) | |||
Net realized gain (loss) | (18,403,216) | (554,862) | (5,653,776) | (100,370,144) | |||
Change in net unrealized appreciation/depreciation on: | |||||||
Investments in non-affiliates | (99,620,753)(b) | (3,636,852) | (308,154,117) | (208,696,637) | |||
Investments in affiliates | 466 | — | (6,004) | (382) | |||
Futures contracts | — | — | (2,003,535) | 270,195 | |||
Foreign currency translations | (13,817) | (5,075) | (785,982) | (922,174) | |||
Change in net unrealized appreciation/depreciation | (99,634,104) | (3,641,927) | (310,949,638) | (209,348,998) | |||
Net realized/unrealized gains (losses) | (118,037,320) | (4,196,789) | (316,603,414) | (309,719,142) | |||
Change in net assets resulting from operations | $(114,120,415) | $(3,825,131) | $(243,502,020) | $(233,734,398) |
(a) | Net of foreign capital gains tax of $(4,890). |
(b) | Net of change in foreign capital gains tax of $109,430. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 243 |
JPMorgan BetaBuilders Europe ETF | JPMorgan BetaBuilders International Equity ETF | JPMorgan BetaBuilders Japan ETF | JPMorgan BetaBuilders U.S. Equity ETF | ||||
INVESTMENT INCOME: | |||||||
Interest income from non-affiliates | $ — | $ — | $ — | $ 7 | |||
Interest income from affiliates | 205 | 1,484 | — | — | |||
Dividend income from non-affiliates | 160,620,203 | 49,622,606 | 98,281,247 | 6,037,870 | |||
Dividend income from affiliates | — | 4,956 | — | 144,221 | |||
Non-cash dividend income from non-affiliates | 13,063,074 | 3,108,124 | — | — | |||
Income from securities lending (net) (See Note 2.C) | 944,816 | 185,845 | 197,332 | 13,186 | |||
Foreign taxes withheld (net) | (17,264,704) | (4,621,935) | (9,821,854) | — | |||
Total investment income | 157,363,594 | 48,301,080 | 88,656,725 | 6,195,284 | |||
EXPENSES: | |||||||
Management fees (See Note 3.A) | 4,379,223 | 1,168,811 | 7,141,316 | 92,547 | |||
Interest expense to non-affiliates | 27,397 | 1,705 | 5,451 | — | |||
Interest expense to affiliates | 43,401 | 2,514 | 7,682 | 62 | |||
Other | 136,532 | 50,664 | 139,721 | 11,942 | |||
Total expenses | 4,586,553 | 1,223,694 | 7,294,170 | 104,551 | |||
Net investment income (loss) | 152,777,041 | 47,077,386 | 81,362,555 | 6,090,733 | |||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||||
Net realized gain (loss) on transactions from: | |||||||
Investments in non-affiliates | (42,969,071) | (14,252,071) | (75,497,022) | (2,611,754) | |||
Investments in affiliates | — | — | — | (30,497) | |||
In-kind redemptions of investments in non-affiliates (See Note 4) | 205,154,273 | 51,554,143 | 60,801,700 | 8,205,590 | |||
In-kind redemptions of investments in affiliates (See Note 4) | — | — | — | 32,735 | |||
Futures contracts | (1,215,926) | (2,151,875) | (4,858,794) | (126,571) | |||
Foreign currency transactions | (3,776,347) | (235,009) | (4,380,927) | — | |||
Net realized gain (loss) | 157,192,929 | 34,915,188 | (23,935,043) | 5,469,503 | |||
Change in net unrealized appreciation/depreciation on: | |||||||
Investments in non-affiliates | (1,580,172,171) | (521,827,848) | (1,370,870,730) | (128,226,497) | |||
Investments in affiliates | 5,420 | (4,403) | 1,009 | (3,629,975) | |||
Futures contracts | (325,286) | (1,188,320) | 1,197,554 | (275,870) | |||
Foreign currency translations | (2,475,332) | (695,769) | (3,795,957) | — | |||
Change in net unrealized appreciation/depreciation | (1,582,967,369) | (523,716,340) | (1,373,468,124) | (132,132,342) | |||
Net realized/unrealized gains (losses) | (1,425,774,440) | (488,801,152) | (1,397,403,167) | (126,662,839) | |||
Change in net assets resulting from operations | $(1,272,997,399) | $(441,723,766) | $(1,316,040,612) | $(120,572,106) |
244 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | JPMorgan Carbon Transition U.S. Equity ETF | JPMorgan Climate Change Solutions ETF (a) | ||||
INVESTMENT INCOME: | |||||||
Interest income from non-affiliates | $ 61 | $ 7 | $ 60 | $ — | |||
Dividend income from non-affiliates | 8,419,212 | 2,249,623 | 171,350 | 162,148 | |||
Dividend income from affiliates | 5,491 | 2,305 | 15 | 19 | |||
Non-cash dividend income from non-affiliates | — | 386,369 | — | — | |||
Income from securities lending (net) (See Note 2.C) | 170,823 | 266,714 | — | — | |||
Foreign taxes withheld (net) | — | — | — | (11,321) | |||
Total investment income | 8,595,587 | 2,905,018 | 171,425 | 150,846 | |||
EXPENSES: | |||||||
Management fees (See Note 3.A) | 531,325 | 188,600 | 17,775 | 42,773 | |||
Interest expense to non-affiliates | 217 | 40 | — | — | |||
Interest expense to affiliates | — | — | — | 3 | |||
Other | 21,677 | 5,664 | 368 | — | |||
Total expenses | 553,219 | 194,304 | 18,143 | 42,776 | |||
Net investment income (loss) | 8,042,368 | 2,710,714 | 153,282 | 108,070 | |||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||||
Net realized gain (loss) on transactions from: | |||||||
Investments in non-affiliates | (30,529,976) | (9,969,603) | (227,577) | (1,264,368) | |||
Investments in affiliates | — | — | — | (24) | |||
In-kind redemptions of investments in non-affiliates (See Note 4) | 110,972,068 | 18,242,048 | 1,437,323 | — | |||
Futures contracts | (852,934) | 97,566 | (2,028) | — | |||
Foreign currency transactions | (9) | — | — | 1,997 | |||
Net realized gain (loss) | 79,589,149 | 8,370,011 | 1,207,718 | (1,262,395) | |||
Change in net unrealized appreciation/depreciation on: | |||||||
Investments in non-affiliates | (354,545,416) | (94,751,398) | (3,908,414) | (4,437,911) | |||
Investments in affiliates | 114 | (999) | — | — | |||
Futures contracts | (293,637) | (630,535) | (1,383) | — | |||
Foreign currency translations | — | — | — | (682) | |||
Change in net unrealized appreciation/depreciation | (354,838,939) | (95,382,932) | (3,909,797) | (4,438,593) | |||
Net realized/unrealized gains (losses) | (275,249,790) | (87,012,921) | (2,702,079) | (5,700,988) | |||
Change in net assets resulting from operations | $(267,207,422) | $(84,302,207) | $(2,548,797) | $(5,592,918) |
(a) | Commencement of operations was December 13, 2021. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 245 |
JPMorgan Diversified Return Emerging Markets Equity ETF | JPMorgan Diversified Return International Equity ETF | JPMorgan Diversified Return U.S. Equity ETF | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | ||||
INVESTMENT INCOME: | |||||||
Interest income from non-affiliates | $ 15 | $ — | $ — | $ 502 | |||
Interest income from affiliates | 70 | — | — | — | |||
Dividend income from non-affiliates | 3,051,771 | 17,653,782 | 6,851,525 | 1,956,302 | |||
Dividend income from affiliates | 68 | 1,696 | 571 | 230 | |||
Non-cash dividend income from non-affiliates | 249,283 | — | — | — | |||
Income from securities lending (net) (See Note 2.C) | 2,605 | 43,525 | 7,915 | 4,750 | |||
Foreign taxes withheld (net) | (289,561) | (1,339,300) | — | — | |||
Total investment income | 3,014,251 | 16,359,703 | 6,860,011 | 1,961,784 | |||
EXPENSES: | |||||||
Management fees (See Note 3.A) | 377,781 | 1,507,084 | 587,588 | 280,656 | |||
Interest expense to non-affiliates | — | 488 | 206 | — | |||
Interest expense to affiliates | — | 434 | — | — | |||
Other | 2,765 | 13,596 | 9,971 | 3,716 | |||
Total expenses | 380,546 | 1,521,602 | 597,765 | 284,372 | |||
Net investment income (loss) | 2,633,705 | 14,838,101 | 6,262,246 | 1,677,412 | |||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||||
Net realized gain (loss) on transactions from: | |||||||
Investments in non-affiliates | 1,866,748(a) | (3,689,290) | 7,775,886 | 5,137,266 | |||
Investments in affiliates | — | (465) | — | — | |||
In-kind redemptions of investments in non-affiliates (See Note 4) | — | 1,329,604 | 66,927,376 | 7,934,111 | |||
Futures contracts | (30,838) | (341,484) | 144,424 | 40,884 | |||
Foreign currency transactions | 42,923 | (305,511) | — | — | |||
Net realized gain (loss) | 1,878,833 | (3,007,146) | 74,847,686 | 13,112,261 | |||
Change in net unrealized appreciation/depreciation on: | |||||||
Investments in non-affiliates | (13,136,407)(b) | (91,110,071) | (82,635,892) | (23,762,135) | |||
Investments in affiliates | — | 852 | 490 | (159) | |||
Futures contracts | 2,627 | (271,892) | (51,334) | (5,195) | |||
Foreign currency translations | 5,374 | (269,137) | — | — | |||
Change in net unrealized appreciation/depreciation | (13,128,406) | (91,650,248) | (82,686,736) | (23,767,489) | |||
Net realized/unrealized gains (losses) | (11,249,573) | (94,657,394) | (7,839,050) | (10,655,228) | |||
Change in net assets resulting from operations | $ (8,615,868) | $(79,819,293) | $ (1,576,804) | $ (8,977,816) |
(a) | Net of foreign capital gains tax of $(74,102). |
(b) | Net of change in foreign capital gains tax of $151,105. |
246 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPMorgan International Growth ETF | JPMorgan U.S. Dividend ETF | |||
INVESTMENT INCOME: | |||||
Interest income from non-affiliates | $ — | $ 52 | $ — | ||
Interest income from affiliates | — | 29 | — | ||
Dividend income from non-affiliates | 1,528,680 | 412,097 | 759,096 | ||
Dividend income from affiliates | 259 | 808 | 47 | ||
Non-cash dividend income from non-affiliates | — | 47,776 | — | ||
Income from securities lending (net) (See Note 2.C) | 39,628 | — | 131 | ||
Foreign taxes withheld (net) | — | (41,994) | — | ||
Total investment income | 1,568,567 | 418,768 | 759,274 | ||
EXPENSES: | |||||
Management fees (See Note 3.A) | 273,078 | 162,001 | 32,575 | ||
Interest expense to non-affiliates | — | — | 108 | ||
Interest expense to affiliates | — | 66 | — | ||
Other | 2,855 | 1,002 | 669 | ||
Total expenses | 275,933 | 163,069 | 33,352 | ||
Net investment income (loss) | 1,292,634 | 255,699 | 725,922 | ||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||
Net realized gain (loss) on transactions from: | |||||
Investments in non-affiliates | 405,848 | (4,003,325) | (369,199) | ||
In-kind redemptions of investments in non-affiliates (See Note 4) | 4,260,006 | — | 2,226,154 | ||
Futures contracts | (94,707) | — | 2,744 | ||
Foreign currency transactions | — | (252) | — | ||
Net realized gain (loss) | 4,571,147 | (4,003,577) | 1,859,699 | ||
Change in net unrealized appreciation/depreciation on: | |||||
Investments in non-affiliates | (25,590,865) | (15,517,417) | (424,967) | ||
Investments in affiliates | (1,569) | — | — | ||
Futures contracts | (11,073) | — | (6,307) | ||
Foreign currency translations | — | (4,735) | — | ||
Change in net unrealized appreciation/depreciation | (25,603,507) | (15,522,152) | (431,274) | ||
Net realized/unrealized gains (losses) | (21,032,360) | (19,525,729) | 1,428,425 | ||
Change in net assets resulting from operations | $(19,739,726) | $(19,270,030) | $2,154,347 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 247 |
JPMorgan U.S. Minimum Volatility ETF | JPMorgan U.S. Momentum Factor ETF | JPMorgan U.S. Quality Factor ETF | JPMorgan U.S. Value Factor ETF | ||||
INVESTMENT INCOME: | |||||||
Dividend income from non-affiliates | $ 206,406 | $ 1,381,061 | $ 3,307,367 | $ 5,220,880 | |||
Dividend income from affiliates | 20 | 184 | 305 | 464 | |||
Income from securities lending (net) (See Note 2.C) | 144 | 5,350 | 14,256 | 6,084 | |||
Total investment income | 206,570 | 1,386,595 | 3,321,928 | 5,227,428 | |||
EXPENSES: | |||||||
Management fees (See Note 3.A) | 12,753 | 148,890 | 243,688 | 297,187 | |||
Interest expense to non-affiliates | — | — | — | 26 | |||
Other | 341 | 3,173 | 5,638 | 15,102 | |||
Total expenses | 13,094 | 152,063 | 249,326 | 312,315 | |||
Net investment income (loss) | 193,476 | 1,234,532 | 3,072,602 | 4,915,113 | |||
REALIZED/UNREALIZED GAINS (LOSSES): | |||||||
Net realized gain (loss) on transactions from: | |||||||
Investments in non-affiliates | 299,935 | (6,616,406) | (2,918,439) | 2,061,453 | |||
In-kind redemptions of investments in non-affiliates (See Note 4) | 640,756 | 20,804,400 | 28,587,651 | 6,736,899 | |||
Futures contracts | 3,913 | 61,515 | 60,645 | 73,163 | |||
Net realized gain (loss) | 944,604 | 14,249,509 | 25,729,857 | 8,871,515 | |||
Change in net unrealized appreciation/depreciation on: | |||||||
Investments in non-affiliates | (1,382,944) | (59,681,580) | (61,039,713) | (42,804,105) | |||
Investments in affiliates | (18) | — | (149) | 1,130 | |||
Futures contracts | (2,521) | (18,861) | (35,184) | (47,375) | |||
Change in net unrealized appreciation/depreciation | (1,385,483) | (59,700,441) | (61,075,046) | (42,850,350) | |||
Net realized/unrealized gains (losses) | (440,879) | (45,450,932) | (35,345,189) | (33,978,835) | |||
Change in net assets resulting from operations | $ (247,403) | $(44,216,400) | $(32,272,587) | $(29,063,722) |
248 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | JPMorgan ActiveBuilders International Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Period Ended October 31, 2021 (a) | Six Months Ended April 30, 2022 (Unaudited) | Period Ended October 31, 2021 (b) | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 3,916,905 | $ 2,679,156 | $ 371,658 | $ 203,012 | |||
Net realized gain (loss) | (18,403,216) | (593,949) | (554,862) | (69,347) | |||
Change in net unrealized appreciation/depreciation | (99,634,104) | (12,896,276) | (3,641,927) | 496,351 | |||
Change in net assets resulting from operations | (114,120,415) | (10,811,069) | (3,825,131) | 630,016 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (5,165,856) | — | (319,380) | — | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 521,604,151 | 336,675,029 | — | 28,789,940 | |||
NET ASSETS: | |||||||
Change in net assets | 402,317,880 | 325,863,960 | (4,144,511) | 29,419,956 | |||
Beginning of period | 325,863,960 | — | 29,419,956 | — | |||
End of period | $ 728,181,840 | $325,863,960 | $25,275,445 | $29,419,956 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 521,604,151 | $336,675,029 | $ — | $28,789,940 | |||
Total change in net assets resulting from capital transactions | $ 521,604,151 | $336,675,029 | $ — | $28,789,940 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 12,300,000 | 6,800,000 | — | 600,000 | |||
Net increase (decrease) in shares from share transactions | 12,300,000 | 6,800,000 | — | 600,000 |
(a) | Commencement of operations was March 10, 2021. |
(b) | Commencement of operations was July 7, 2021. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 249 |
JPMorgan BetaBuilders Canada ETF | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 73,101,394 | $ 116,418,038 | $ 75,984,744 | $ 145,165,781 | |||
Net realized gain (loss) | (5,653,776) | 55,416,108 | (100,370,144) | (6,954,174) | |||
Change in net unrealized appreciation/depreciation | (310,949,638) | 1,736,255,618 | (209,348,998) | 397,969,872 | |||
Change in net assets resulting from operations | (243,502,020) | 1,908,089,764 | (233,734,398) | 536,181,479 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (70,149,474) | (113,624,161) | (130,290,202) | (130,441,819) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 789,077,376 | 636,591,756 | 541,433,079 | 2,241,407,993 | |||
NET ASSETS: | |||||||
Change in net assets | 475,425,882 | 2,431,057,359 | 177,408,479 | 2,647,147,653 | |||
Beginning of period | 6,071,268,619 | 3,640,211,260 | 4,113,118,547 | 1,465,970,894 | |||
End of period | $6,546,694,501 | $6,071,268,619 | $4,290,527,026 | $4,113,118,547 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 802,380,856 | $ 758,394,817 | $ 541,433,079 | $2,313,974,196 | |||
Cost of shares redeemed | (13,303,480) | (121,803,061) | — | (72,566,203) | |||
Total change in net assets resulting from capital transactions | $ 789,077,376 | $ 636,591,756 | $ 541,433,079 | $2,241,407,993 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 11,950,000 | 12,300,000(a) | 10,100,000 | 41,000,000(a) | |||
Redeemed | (200,000) | (1,901,089)(a) | — | (1,301,359)(a) | |||
Net increase (decrease) in shares from share transactions | 11,750,000 | 10,398,911 | 10,100,000 | 39,698,641 |
(a) | Reflects a 1:2 reverse stock split that occurred on April 12, 2021. See Note 1. |
250 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan BetaBuilders Europe ETF | JPMorgan BetaBuilders International Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 152,777,041 | $ 186,741,805 | $ 47,077,386 | $ 93,794,835 | |||
Net realized gain (loss) | 157,192,929 | 173,173,700 | 34,915,188 | 57,414,713 | |||
Change in net unrealized appreciation/depreciation | (1,582,967,369) | 1,265,712,790 | (523,716,340) | 604,876,597 | |||
Change in net assets resulting from operations | (1,272,997,399) | 1,625,628,295 | (441,723,766) | 756,086,145 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (118,052,301) | (162,749,406) | (67,259,388) | (83,978,586) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 1,411,195,065 | 4,263,568,980 | (225,574,212) | 1,141,362,817 | |||
NET ASSETS: | |||||||
Change in net assets | 20,145,365 | 5,726,447,869 | (734,557,366) | 1,813,470,376 | |||
Beginning of period | 9,427,453,378 | 3,701,005,509 | 3,680,140,678 | 1,866,670,302 | |||
End of period | $ 9,447,598,743 | $ 9,427,453,378 | $2,945,583,312 | $3,680,140,678 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 2,541,825,012 | $ 5,534,506,823 | $ 23,901,233 | $1,372,694,023 | |||
Cost of shares redeemed | (1,130,629,947) | (1,270,937,843) | (249,475,445) | (231,331,206) | |||
Total change in net assets resulting from capital transactions | $ 1,411,195,065 | $ 4,263,568,980 | $ (225,574,212) | $1,141,362,817 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 46,500,000 | 96,500,000(a) | 400,000 | 24,400,000 | |||
Redeemed | (21,000,000) | (24,200,404)(a) | (4,400,000) | (4,000,000) | |||
Net increase (decrease) in shares from share transactions | 25,500,000 | 72,299,596 | (4,000,000) | 20,400,000 |
(a) | Reflects a 1:2 reverse stock split that occurred on April 12, 2021. See Note 1. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 251 |
JPMorgan BetaBuilders Japan ETF | JPMorgan BetaBuilders U.S. Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 81,362,555 | $ 147,334,454 | $ 6,090,733 | $ 6,535,651 | |||
Net realized gain (loss) | (23,935,043) | 467,914,152 | 5,469,503 | 15,444,975 | |||
Change in net unrealized appreciation/depreciation | (1,373,468,124) | 440,258,321 | (132,132,342) | 123,924,342 | |||
Change in net assets resulting from operations | (1,316,040,612) | 1,055,506,927 | (120,572,106) | 145,904,968 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (220,078,397) | (70,569,312) | (5,648,092) | (5,799,680) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 791,609,166 | 1,556,564,791 | 425,340,386 | 404,128,109 | |||
NET ASSETS: | |||||||
Change in net assets | (744,509,843) | 2,541,502,406 | 299,120,188 | 544,233,397 | |||
Beginning of period | 7,864,537,853 | 5,323,035,447 | 782,605,972 | 238,372,575 | |||
End of period | $ 7,120,028,010 | $ 7,864,537,853 | $1,081,726,160 | $782,605,972 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 1,013,706,529 | $ 3,261,931,039 | $ 449,220,384 | $453,678,097 | |||
Cost of shares redeemed | (222,097,363) | (1,705,366,248) | (23,879,998) | (49,549,988) | |||
Total change in net assets resulting from capital transactions | $ 791,609,166 | $ 1,556,564,791 | $ 425,340,386 | $404,128,109 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 19,000,000 | 57,400,000(a) | 5,550,000 | 6,000,000 | |||
Redeemed | (3,800,000) | (29,802,452)(a) | (300,000) | (700,000) | |||
Net increase (decrease) in shares from share transactions | 15,200,000 | 27,597,548 | 5,250,000 | 5,300,000 |
(a) | Reflects a 1:2 reverse stock split that occurred on April 12, 2021. See Note 1. |
252 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Period Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 8,042,368 | $ 16,342,792 | $ 2,710,714 | $ 2,804,780 | |||
Net realized gain (loss) | 79,589,149 | 191,521,497 | 8,370,011 | 10,807,502 | |||
Change in net unrealized appreciation/depreciation | (354,838,939) | 308,087,619 | (95,382,932) | 21,084,695 | |||
Change in net assets resulting from operations | (267,207,422) | 515,951,908 | (84,302,207) | 34,696,977 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (8,099,081) | (13,365,064) | (2,803,371) | (2,261,493) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 81,334,463 | 207,905,317 | 144,808,705 | 409,626,006 | |||
NET ASSETS: | |||||||
Change in net assets | (193,972,040) | 710,492,161 | 57,703,127 | 442,061,490 | |||
Beginning of period | 1,698,624,114 | 988,131,953 | 442,061,490 | — | |||
End of period | $1,504,652,074 | $1,698,624,114 | $499,764,617 | $ 442,061,490 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 431,896,604 | $1,062,480,424 | $235,676,522 | $ 537,840,503 | |||
Cost of shares redeemed | (350,562,141) | (854,575,107) | (90,867,817) | (128,214,497) | |||
Total change in net assets resulting from capital transactions | $ 81,334,463 | $ 207,905,317 | $144,808,705 | $ 409,626,006 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 5,000,000 | 12,750,000 | 3,925,000 | 8,500,000 | |||
Redeemed | (3,875,000) | (10,000,000) | (1,425,000) | (1,950,000) | |||
Net increase (decrease) in shares from share transactions | 1,125,000 | 2,750,000 | 2,500,000 | 6,550,000 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 253 |
JPMorgan Carbon Transition U.S. Equity ETF | JPMorgan Climate Change Solutions ETF | ||||
Six Months Ended April 30, 2022 (Unaudited) | Period Ended October 31, 2021 (a) | Period Ended April 30, 2022 (Unaudited)(b) | |||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||
Net investment income (loss) | $ 153,282 | $ 283,722 | $ 108,070 | ||
Net realized gain (loss) | 1,207,718 | 1,302,566 | (1,262,395) | ||
Change in net unrealized appreciation/depreciation | (3,909,797) | 4,455,496 | (4,438,593) | ||
Change in net assets resulting from operations | (2,548,797) | 6,041,784 | (5,592,918) | ||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||
Total distributions to shareholders | (162,100) | (242,528) | (15,288) | ||
CAPITAL TRANSACTIONS: | |||||
Change in net assets resulting from capital transactions | (7,572) | 19,134,138 | 26,388,065 | ||
NET ASSETS: | |||||
Change in net assets | (2,718,469) | 24,933,394 | 20,779,859 | ||
Beginning of period | 24,933,394 | — | — | ||
End of period | $22,214,925 | $24,933,394 | $20,779,859 | ||
CAPITAL TRANSACTIONS: | |||||
Proceeds from shares issued | $ 6,145,953 | $28,088,814 | $26,388,065 | ||
Cost of shares redeemed | (6,153,525) | (8,954,676) | — | ||
Total change in net assets resulting from capital transactions | $ (7,572) | $19,134,138 | $26,388,065 | ||
SHARE TRANSACTIONS: | |||||
Issued | 100,000 | 550,000 | 550,000 | ||
Redeemed | (100,000) | (150,000) | — | ||
Net increase (decrease) in shares from share transactions | — | 400,000 | 550,000 |
(a) | Commencement of operations was December 9, 2020. |
(b) | Commencement of operations was December 13, 2021. |
254 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan Diversified Return Emerging Markets Equity ETF | JPMorgan Diversified Return International Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 2,633,705 | $ 6,411,783 | $ 14,838,101 | $ 27,890,593 | |||
Net realized gain (loss) | 1,878,833 | 12,861,727 | (3,007,146) | 48,317,967 | |||
Change in net unrealized appreciation/depreciation | (13,128,406) | 35,165,878 | (91,650,248) | 134,443,885 | |||
Change in net assets resulting from operations | (8,615,868) | 54,439,388 | (79,819,293) | 210,652,445 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (3,277,041) | (6,292,381) | (25,631,531) | (25,542,042) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 22,997,561 | (108,024,401) | 24,505,143 | (210,294,305) | |||
NET ASSETS: | |||||||
Change in net assets | 11,104,652 | (59,877,394) | (80,945,681) | (25,183,902) | |||
Beginning of period | 153,882,748 | 213,760,142 | 842,016,222 | 867,200,124 | |||
End of period | $164,987,400 | $ 153,882,748 | $761,070,541 | $ 842,016,222 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 22,997,561 | $ — | $ 35,440,916 | $ 12,477,390 | |||
Cost of shares redeemed | — | (108,024,401) | (10,935,773) | (222,771,695) | |||
Total change in net assets resulting from capital transactions | $ 22,997,561 | $(108,024,401) | $ 24,505,143 | $(210,294,305) | |||
SHARE TRANSACTIONS: | |||||||
Issued | 400,000 | — | 600,000 | 200,000 | |||
Redeemed | — | (1,900,000) | (200,000) | (3,800,000) | |||
Net increase (decrease) in shares from share transactions | 400,000 | (1,900,000) | 400,000 | (3,600,000) |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 255 |
JPMorgan Diversified Return U.S. Equity ETF | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 6,262,246 | $ 12,226,454 | $ 1,677,412 | $ 3,862,473 | |||
Net realized gain (loss) | 74,847,686 | 54,114,412 | 13,112,261 | 40,618,595 | |||
Change in net unrealized appreciation/depreciation | (82,686,736) | 144,832,764 | (23,767,489) | 45,263,900 | |||
Change in net assets resulting from operations | (1,576,804) | 211,173,630 | (8,977,816) | 89,744,968 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (6,843,465) | (11,091,933) | (2,010,115) | (3,596,501) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | (145,802,440) | (26,778,764) | 17,823,576 | (66,547,601) | |||
NET ASSETS: | |||||||
Change in net assets | (154,222,709) | 173,302,933 | 6,835,645 | 19,600,866 | |||
Beginning of period | 710,012,574 | 536,709,641 | 239,808,712 | 220,207,846 | |||
End of period | $ 555,789,865 | $ 710,012,574 | $246,644,357 | $ 239,808,712 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 40,679,940 | $ 90,741,445 | $ 36,612,482 | $ 41,422,965 | |||
Cost of shares redeemed | (186,482,380) | (117,520,209) | (18,788,906) | (107,970,566) | |||
Total change in net assets resulting from capital transactions | $(145,802,440) | $ (26,778,764) | $ 17,823,576 | $ (66,547,601) | |||
SHARE TRANSACTIONS: | |||||||
Issued | 400,000 | 1,000,000 | 400,000 | 500,000 | |||
Redeemed | (1,800,000) | (1,300,000) | (200,000) | (1,300,000) | |||
Net increase (decrease) in shares from share transactions | (1,400,000) | (300,000) | 200,000 | (800,000) |
256 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPMorgan International Growth ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 1,292,634 | $ 1,963,738 | $ 255,699 | $ 140,679 | |||
Net realized gain (loss) | 4,571,147 | 34,553,371 | (4,003,577) | 3,165,822 | |||
Change in net unrealized appreciation/depreciation | (25,603,507) | 42,626,246 | (15,522,152) | 7,129,158 | |||
Change in net assets resulting from operations | (19,739,726) | 79,143,355 | (19,270,030) | 10,435,659 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (1,287,924) | (2,069,847) | (823,639) | (18,324) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 45,403,442 | (49,484,147) | 17,627,915 | 13,086,957 | |||
NET ASSETS: | |||||||
Change in net assets | 24,375,792 | 27,589,361 | (2,465,754) | 23,504,292 | |||
Beginning of period | 176,262,186 | 148,672,825 | 61,291,950 | 37,787,658 | |||
End of period | $200,637,978 | $176,262,186 | $ 58,826,196 | $61,291,950 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $ 54,291,204 | $ 36,921,776 | $ 17,627,915 | $22,434,133 | |||
Cost of shares redeemed | (8,887,762) | (86,405,923) | — | (9,347,176) | |||
Total change in net assets resulting from capital transactions | $ 45,403,442 | $ (49,484,147) | $ 17,627,915 | $13,086,957 | |||
SHARE TRANSACTIONS: | |||||||
Issued | 1,250,000 | 850,000 | 275,000 | 300,000 | |||
Redeemed | (200,000) | (2,100,000) | — | (125,000) | |||
Net increase (decrease) in shares from share transactions | 1,050,000 | (1,250,000) | 275,000 | 175,000 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 257 |
JPMorgan U.S. Dividend ETF | JPMorgan U.S. Minimum Volatility ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 725,922 | $ 852,711 | $ 193,476 | $ 394,980 | |||
Net realized gain (loss) | 1,859,699 | 4,235,475 | 944,604 | 1,731,969 | |||
Change in net unrealized appreciation/depreciation | (431,274) | 4,638,990 | (1,385,483) | 4,325,880 | |||
Change in net assets resulting from operations | 2,154,347 | 9,727,176 | (247,403) | 6,452,829 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (761,209) | (743,457) | (204,699) | (383,526) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 13,692,106 | 4,893,156 | 9,898,883 | (23,682,193) | |||
NET ASSETS: | |||||||
Change in net assets | 15,085,244 | 13,876,875 | 9,446,781 | (17,612,890) | |||
Beginning of period | 48,842,278 | 34,965,403 | 20,160,648 | 37,773,538 | |||
End of period | $63,927,522 | $ 48,842,278 | $29,607,429 | $ 20,160,648 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $22,070,844 | $ 33,651,535 | $13,581,532 | $ 1,784,387 | |||
Cost of shares redeemed | (8,378,738) | (28,758,379) | (3,682,649) | (25,466,580) | |||
Total change in net assets resulting from capital transactions | $13,692,106 | $ 4,893,156 | $ 9,898,883 | $(23,682,193) | |||
SHARE TRANSACTIONS: | |||||||
Issued | 650,000 | 1,050,000 | 350,000 | 50,000 | |||
Redeemed | (250,000) | (1,050,000) | (100,000) | (800,000) | |||
Net increase (decrease) in shares from share transactions | 400,000 | — | 250,000 | (750,000) |
258 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan U.S. Momentum Factor ETF | JPMorgan U.S. Quality Factor ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||||||
Net investment income (loss) | $ 1,234,532 | $ 1,432,327 | $ 3,072,602 | $ 6,171,280 | |||
Net realized gain (loss) | 14,249,509 | 30,365,700 | 25,729,857 | 78,968,597 | |||
Change in net unrealized appreciation/depreciation | (59,700,441) | 28,802,240 | (61,075,046) | 47,024,395 | |||
Change in net assets resulting from operations | (44,216,400) | 60,600,267 | (32,272,587) | 132,164,272 | |||
DISTRIBUTIONS TO SHAREHOLDERS: | |||||||
Total distributions to shareholders | (1,079,079) | (1,301,587) | (3,078,455) | (6,236,190) | |||
CAPITAL TRANSACTIONS: | |||||||
Change in net assets resulting from capital transactions | 68,361,674 | 27,816,405 | 45,144,929 | (117,395,200) | |||
NET ASSETS: | |||||||
Change in net assets | 23,066,195 | 87,115,085 | 9,793,887 | 8,532,882 | |||
Beginning of period | 221,858,171 | 134,743,086 | 393,204,091 | 384,671,209 | |||
End of period | $244,924,366 | $221,858,171 | $ 402,997,978 | $ 393,204,091 | |||
CAPITAL TRANSACTIONS: | |||||||
Proceeds from shares issued | $126,908,115 | $ 98,690,820 | $ 148,475,017 | $ 173,997,583 | |||
Cost of shares redeemed | (58,546,441) | (70,874,415) | (103,330,088) | (291,392,783) | |||
Total change in net assets resulting from capital transactions | $ 68,361,674 | $ 27,816,405 | $ 45,144,929 | $(117,395,200) | |||
SHARE TRANSACTIONS: | |||||||
Issued | 2,800,000 | 2,300,000 | 3,500,000 | 4,500,000 | |||
Redeemed | (1,300,000) | (1,650,000) | (2,450,000) | (7,650,000) | |||
Net increase (decrease) in shares from share transactions | 1,500,000 | 650,000 | 1,050,000 | (3,150,000) |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 259 |
JPMorgan U.S. Value Factor ETF | |||
Six Months Ended April 30, 2022 (Unaudited) | Year Ended October 31, 2021 | ||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS: | |||
Net investment income (loss) | $ 4,915,113 | $ 11,282,222 | |
Net realized gain (loss) | 8,871,515 | 73,664,284 | |
Change in net unrealized appreciation/depreciation | (42,850,350) | 11,907,585 | |
Change in net assets resulting from operations | (29,063,722) | 96,854,091 | |
DISTRIBUTIONS TO SHAREHOLDERS: | |||
Total distributions to shareholders | (5,407,928) | (9,906,929) | |
CAPITAL TRANSACTIONS: | |||
Change in net assets resulting from capital transactions | 165,335,830 | 251,164,170 | |
NET ASSETS: | |||
Change in net assets | 130,864,180 | 338,111,332 | |
Beginning of period | 400,579,487 | 62,468,155 | |
End of period | $531,443,667 | $ 400,579,487 | |
CAPITAL TRANSACTIONS: | |||
Proceeds from shares issued | $230,396,689 | $1,140,325,211 | |
Cost of shares redeemed | (65,060,859) | (889,161,041) | |
Total change in net assets resulting from capital transactions | $165,335,830 | $ 251,164,170 | |
SHARE TRANSACTIONS: | |||
Issued | 6,200,000 | 32,750,000 | |
Redeemed | (1,750,000) | (24,450,000) | |
Net increase (decrease) in shares from share transactions | 4,450,000 | 8,300,000 |
260 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Per share operating performance | |||||||
Investment operations | Distributions | ||||||
Net asset value, beginning of period | Net investment income (loss) (b) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Net investment income | Net realized gain | ||
JPMorgan ActiveBuilders Emerging Markets Equity ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | $47.92 | $0.37 | $ (9.45) | $ (9.08) | $(0.63) | $(0.09) | |
March 10, 2021 (g) through October 31, 2021 | 48.00 | 0.66 | (0.74) | (0.08) | — | — | |
JPMorgan ActiveBuilders International Equity ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 49.03 | 0.62 | (6.99) | (6.37) | (0.53) | — | |
July 7, 2021 (g) through October 31, 2021 | 48.00 | 0.35 | 0.68 | 1.03 | — | — | |
JPMorgan BetaBuilders Canada ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 67.80 | 0.77 | (3.19) | (2.42) | (0.75) | — | |
Year Ended October 31, 2021 (j) | 45.99 | 1.38 | 21.78 | 23.16 | (1.35) | — | |
Year Ended October 31, 2020 (j) | 49.78 | 1.29 | (3.82) | (2.53) | (1.26) | — | |
Year Ended October 31, 2019 (j) | 45.19 | 1.31 | 4.47 | 5.78 | (1.19) | — | |
August 7, 2018 (g) through October 31, 2018 (j) | 49.31 | 0.29 | (4.31) | (4.02) | (0.10) | — | |
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 56.89 | 0.98 | (4.10) | (3.12) | (1.70) | — | |
Year Ended October 31, 2021 (j) | 44.97 | 2.44 | 11.48 | 13.92 | (2.00) | — | |
Year Ended October 31, 2020 (j) | 50.63 | 1.58 | (5.65) | (4.07) | (1.59) | — | |
Year Ended October 31, 2019 (j) | 45.36 | 2.10 | 5.17 | 7.27 | (2.00) | — | |
August 7, 2018 (g) through October 31, 2018 (j) | 50.73 | 0.44 | (5.48) | (5.04) | (0.33) | — | |
JPMorgan BetaBuilders Europe ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 59.74 | 0.88 | (8.39) | (7.51) | (0.69) | — | |
Year Ended October 31, 2021 (j) | 43.29 | 1.67 | 16.19 | 17.86 | (1.41) | — | |
Year Ended October 31, 2020 (j) | 48.71 | 1.08 | (5.43) | (4.35) | (1.07) | — | |
Year Ended October 31, 2019 (j) | 45.19 | 1.79 | 3.28 | 5.07 | (1.55) | — | |
June 15, 2018 (g) through October 31, 2018 (j) | 49.58 | 0.26 | (4.58) | (4.32) | (0.07) | — |
(a) | Annualized for periods less than one year, unless otherwise noted. |
(b) | Calculated based upon average shares outstanding. |
(c) | Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset values for financial reporting purposes and the returns based upon those net asset values may differ from the net asset values and returns for shareholder transactions. |
(d) | Not annualized for periods less than one year. |
(e) | Prior to December 9, 2019, market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the midpoint of the bid/ask spread at the close of business on the listing exchange of the fund. Effective December 9, 2019, the closing price was used to calculate the market price return; however, any prices used in the calculation for market price return prior to December 9, 2019, would have used the midpoint of the bid/ask spread at the close of business on the exchange. |
(f) | Certain non-recurring expenses incurred by the Fund were not annualized for the period indicated. |
(g) | Commencement of operations. |
(h) | Since the Shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from the inception to the first day of secondary market trading, the NAV is used as a proxy for the secondary market trading price to calculate the market returns. |
(i) | Does not include expenses of unaffiliated Underlying Funds. |
(j) | Per share amounts reflects a 1:2 reverse stock split that occurred on April 12, 2021. See Note 1. |
(k) | Prior to November 1, 2019, the Fund may have waived fees if expenses exceeded the expense cap. On November 1, 2019, the Fund adopted a unitary fee structure where a management fee is accrued by the fund based on prior day net assets and other expenses are paid by the Advisor. |
262 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Ratios/Supplemental data | ||||||||||
Ratios to average net assets (a) | ||||||||||
Total distributions | Net asset value, end of period | Market price, end of period | Total return (c)(d) | Market price total return (d)(e) | Net assets, end of period | Net expenses | Net investment income (loss) | Expenses without waives and reimbursements | Portfolio turnover rate (d) | |
$(0.72) | $38.12 | $38.18 | (19.20)% | (19.50)% | $ 728,181,840 | 0.33(f)% | 1.72% | 0.33(f)% | 11% | |
— | 47.92 | 48.17 | (0.17) | 0.35(h) | 325,863,960 | 0.30(i) | 2.11 | 0.33(i) | 40 | |
(0.53) | 42.13 | 42.05 | (13.12) | (13.60) | 25,275,445 | 0.25(f) | 2.68 | 0.25(f) | 14 | |
— | 49.03 | 49.21 | 2.15 | 2.52(h) | 29,419,956 | 0.25 | 2.23 | 0.25 | 9 | |
(0.75) | 64.63 | 64.68 | (3.59) | (3.77) | 6,546,694,501 | 0.19(f) | 2.31 | 0.19(f) | 3 | |
(1.35) | 67.80 | 67.98 | 50.77 | 50.84 | 6,071,268,619 | 0.19 | 2.28 | 0.19 | 2 | |
(1.26) | 45.99 | 46.10 | (4.98) | (4.81) | 3,640,211,260 | 0.19 | 2.74 | 0.19 | 4 | |
(1.19) | 49.78 | 49.80 | 13.08 | 12.97 | 3,800,754,020 | 0.19 | 2.73 | 0.34(k) | 7 | |
(0.10) | 45.19 | 45.24 | (8.18) | (8.05)(h) | 2,044,698,826 | 0.19(f) | 2.55 | 0.37(k) | 1 | |
(1.70) | 52.07 | 52.00 | (5.55) | (6.07) | 4,290,527,026 | 0.19(f) | 3.65 | 0.19(f) | 10 | |
(2.00) | 56.89 | 57.12 | 31.14 | 31.26 | 4,113,118,547 | 0.19 | 4.26 | 0.19 | 6 | |
(1.59) | 44.97 | 45.10 | (7.87) | (7.45) | 1,465,970,894 | 0.19 | 3.40 | 0.19 | 6 | |
(2.00) | 50.63 | 50.54 | 16.18 | 15.94 | 1,442,853,830 | 0.19 | 4.22 | 0.39(k) | 7 | |
(0.33) | 45.36 | 45.38 | (9.97) | (9.93)(h) | 603,313,934 | 0.19(f) | 3.94 | 0.45(f)(k) | 2 | |
(0.69) | 51.54 | 51.34 | (12.68) | (13.28) | 9,447,598,743 | 0.09(f) | 3.14 | 0.09(f) | 4 | |
(1.41) | 59.74 | 59.92 | 41.54 | 41.77 | 9,427,453,378 | 0.09 | 2.92 | 0.09 | 6 | |
(1.07) | 43.29 | 43.34 | (8.92) | (8.90) | 3,701,005,509 | 0.09 | 2.33 | 0.09 | 5 | |
(1.55) | 48.71 | 48.78 | 11.43 | 11.32 | 3,853,145,624 | 0.09 | 3.83 | 0.25(k) | 7 | |
(0.07) | 45.19 | 45.28 | (8.75) | (8.55)(h) | 1,314,930,292 | 0.09(f) | 1.45 | 0.34(f)(k) | 2 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 263 |
Per share operating performance | ||||||
Investment operations | Distributions | |||||
Net asset value, beginning of period | Net investment income (loss) (b) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Net investment income | ||
JPMorgan BetaBuilders International Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | $60.53 | $0.80 | $ (8.33) | $ (7.53) | $(1.14) | |
Year Ended October 31, 2021 | 46.20 | 1.67 | 14.10 | 15.77 | (1.44) | |
December 3, 2019 (g) through October 31, 2020 | 49.79 | 1.05 | (4.26)(h) | (3.21) | (0.38) | |
JPMorgan BetaBuilders Japan ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 57.16 | 0.57 | (9.54) | (8.97) | (1.59) | |
Year Ended October 31, 2021 (j) | 48.39 | 1.04 | 8.36 | 9.40 | (0.63) | |
Year Ended October 31, 2020 (j) | 49.07 | 0.84 | (0.39) | 0.45 | (1.13) | |
Year Ended October 31, 2019 (j) | 45.45 | 0.97 | 2.93 | 3.90 | (0.28) | |
June 15, 2018 (g) through October 31, 2018 (j) | 49.58 | 0.48 | (4.61) | (4.13) | — | |
JPMorgan BetaBuilders U.S. Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 84.15 | 0.53 | (9.83) | (9.30) | (0.50) | |
Year Ended October 31, 2021 | 59.59 | 1.02 | 24.48 | 25.50 | (0.94) | |
Year Ended October 31, 2020 | 54.60 | 1.14 | 4.83 | 5.97 | (0.98) | |
March 12, 2019 (g) through October 31, 2019 | 50.14 | 0.68 | 4.29 | 4.97 | (0.51) | |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 93.59 | 0.46 | (15.53) | (15.07) | (0.46) | |
Year Ended October 31, 2021 | 64.16 | 0.90 | 29.27 | 30.17 | (0.74) | |
April 14, 2020 (g) through October 31, 2020 | 50.78 | 0.33 | 13.32(h) | 13.65 | (0.27) | |
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 67.49 | 0.40 | (12.25) | (11.85) | (0.42) | |
November 16, 2020 (g) through October 31, 2021 | 51.27 | 0.62 | 16.04 | 16.66 | (0.44) |
(a) | Annualized for periods less than one year, unless otherwise noted. |
(b) | Calculated based upon average shares outstanding. |
(c) | Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset values for financial reporting purposes and the returns based upon those net asset values may differ from the net asset values and returns for shareholder transactions. |
(d) | Not annualized for periods less than one year. |
(e) | Prior to December 9, 2019, market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the midpoint of the bid/ask spread at the close of business on the listing exchange of the fund. Effective December 9, 2019, the closing price was used to calculate the market price return; however, any prices used in the calculation for market price return prior to December 9, 2019, would have used the midpoint of the bid/ask spread at the close of business on the exchange. |
(f) | Certain non-recurring expenses incurred by the Fund were not annualized for the period indicated. |
(g) | Commencement of operations. |
(h) | Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented in the Statement of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments. |
(i) | Since the Shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from the inception to the first day of secondary market trading, the NAV is used as a proxy for the secondary market trading price to calculate the market returns. |
(j) | Per share amounts reflects a 1:2 reverse stock split that occurred on April 12, 2021. See Note 1. |
(k) | Prior to November 1, 2019, the Fund may have waived fees if expenses exceeded the expense cap. On November 1, 2019, the Fund adopted a unitary fee structure where a management fee is accrued by the fund based on prior day net assets and other expenses are paid by the Advisor. |
264 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Ratios/Supplemental data | |||||||||
Ratios to average net assets (a) | |||||||||
Net asset value, end of period | Market price, end of period | Total return (c)(d) | Market price total return (d)(e) | Net assets, end of period | Net expenses | Net investment income (loss) | Expenses without waives and reimbursements | Portfolio turnover rate (d) | |
$51.86 | $51.71 | (12.64)% | (13.05)% | $2,945,583,312 | 0.07(f)% | 2.81% | 0.07(f)% | 3% | |
60.53 | 60.64 | 34.26 | 34.24 | 3,680,140,678 | 0.07 | 2.85 | 0.07 | 5 | |
46.20 | 46.29 | (6.45) | (6.27)(i) | 1,866,670,302 | 0.07 | 2.40 | 0.07 | 8 | |
46.60 | 46.65 | (16.12) | (16.10) | 7,120,028,010 | 0.19(f) | 2.17 | 0.19(f) | 1 | |
57.16 | 57.21 | 19.47 | 18.98 | 7,864,537,853 | 0.19 | 1.83 | 0.19 | 3 | |
48.39 | 48.64 | 0.87 | 1.24 | 5,323,035,447 | 0.19 | 1.77 | 0.19 | 5 | |
49.07 | 49.14 | 8.74 | 9.07 | 4,318,521,919 | 0.19 | 2.14 | 0.33(f)(k) | 4 | |
45.45 | 45.36 | (8.35) | (8.51)(i) | 2,336,087,667 | 0.19(f) | 2.63 | 0.37(f)(k) | 5 | |
74.35 | 74.35 | (11.12) | (11.08) | 1,081,726,160 | 0.02(f) | 1.30 | 0.02(f) | 2 | |
84.15 | 84.11 | 43.02 | 42.97 | 782,605,972 | 0.02 | 1.34 | 0.02 | 4 | |
59.59 | 59.58 | 11.09 | 11.05 | 238,372,575 | 0.02 | 1.99 | 0.02 | 4 | |
54.60 | 54.61 | 9.95 | 9.97(i) | 46,409,125 | 0.02 | 2.01 | 0.02 | 3 | |
78.06 | 77.99 | (16.16) | (16.31) | 1,504,652,074 | 0.07(f) | 1.06 | 0.07(f) | 17 | |
93.59 | 93.68 | 47.15 | 47.52 | 1,698,624,114 | 0.07 | 1.05 | 0.07 | 27 | |
64.16 | 64.06 | 26.91 | 26.71(i) | 988,131,953 | 0.07 | 0.91 | 0.07 | 7 | |
55.22 | 55.16 | (17.64) | (17.81) | 499,764,617 | 0.09(f) | 1.29 | 0.09(f) | 17 | |
67.49 | 67.56 | 32.56 | 32.70(i) | 442,061,490 | 0.09 | 0.98 | 0.09 | 27 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 265 |
Per share operating performance | ||||||
Investment operations | Distributions | |||||
Net asset value, beginning of period | Net investment income (loss) (b) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Net investment income | ||
JPMorgan Carbon Transition U.S. Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | $ 62.33 | $0.38 | $ (6.76) | $ (6.38) | $(0.41) | |
December 9, 2020 (g) through October 31, 2021 | 49.29 | 0.63 | 12.95 | 13.58 | (0.54) | |
JPMorgan Climate Change Solutions ETF | ||||||
December 13, 2021 (g) through April 30, 2022 (Unaudited) | 48.00 | 0.20 | (10.39) | (10.19) | (0.03) | |
JPMorgan Diversified Return Emerging Markets Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 56.99 | 0.86 | (3.57) | (2.71) | (1.06) | |
Year Ended October 31, 2021 | 46.47 | 1.81 | 10.70 | 12.51 | (1.99) | |
Year Ended October 31, 2020 | 54.43 | 1.46 | (7.48) | (6.02) | (1.94) | |
Year Ended October 31, 2019 | 50.91 | 2.07 | 2.97 | 5.04 | (1.52) | |
Year Ended October 31, 2018 | 57.15 | 1.59 | (5.37) | (3.78) | (2.46) | |
Year Ended October 31, 2017 | 48.68 | 1.50 | 7.56 | 9.06 | (0.59) | |
JPMorgan Diversified Return International Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 61.02 | 1.05 | (6.65) | (5.60) | (1.82) | |
Year Ended October 31, 2021 | 49.84 | 1.91 | 11.03 | 12.94 | (1.76) | |
Year Ended October 31, 2020 | 55.06 | 1.35 | (5.01) | (3.66) | (1.56) | |
Year Ended October 31, 2019 | 53.10 | 1.77 | 1.90 | 3.67 | (1.71) | |
Year Ended October 31, 2018 | 59.18 | 1.51 | (5.29) | (3.78) | (2.30) | |
Year Ended October 31, 2017 | 50.00 | 1.43 | 8.57 | 10.00 | (0.82) | |
JPMorgan Diversified Return U.S. Equity ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 101.43 | 0.98 | (2.11) | (1.13) | (1.05) | |
Year Ended October 31, 2021 | 73.52 | 1.71 | 27.76 | 29.47 | (1.56) | |
Year Ended October 31, 2020 | 76.44 | 1.65 | (2.82) | (1.17) | (1.75) | |
Year Ended October 31, 2019 | 69.92 | 1.66 | 6.34 | 8.00 | (1.48) | |
Year Ended October 31, 2018 | 68.52 | 1.39 | 1.88 | 3.27 | (1.87) | |
Year Ended October 31, 2017 | 57.06 | 1.17 | 10.75 | 11.92 | (0.46) |
(a) | Annualized for periods less than one year, unless otherwise noted. |
(b) | Calculated based upon average shares outstanding. |
(c) | Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset values for financial reporting purposes and the returns based upon those net asset values may differ from the net asset values and returns for shareholder transactions. |
(d) | Not annualized for periods less than one year. |
(e) | Prior to December 9, 2019, market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the midpoint of the bid/ask spread at the close of business on the listing exchange of the fund. Effective December 9, 2019, the closing price was used to calculate the market price return; however, any prices used in the calculation for market price return prior to December 9, 2019, would have used the midpoint of the bid/ask spread at the close of business on the exchange. |
(f) | Certain non-recurring expenses incurred by the Fund were not annualized for the period indicated. |
(g) | Commencement of operations. |
(h) | Since the Shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from the inception to the first day of secondary market trading, the NAV is used as a proxy for the secondary market trading price to calculate the market returns. |
(i) | Prior to November 1, 2019, the Fund may have waived fees if expenses exceeded the expense cap. On November 1, 2019, the Fund adopted a unitary fee structure where a management fee is accrued by the fund based on prior day net assets and other expenses are paid by the Advisor. |
266 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Ratios/Supplemental data | |||||||||
Ratios to average net assets (a) | |||||||||
Net asset value, end of period | Market price, end of period | Total return (c)(d) | Market price total return (d)(e) | Net assets, end of period | Net expenses | Net investment income (loss) | Expenses without waives and reimbursements | Portfolio turnover rate (d) | |
$ 55.54 | $ 55.49 | (10.31)% | (10.41)% | $ 22,214,925 | 0.15(f)% | 1.26% | 0.15(f)% | 7% | |
62.33 | 62.34 | 27.68 | 27.70(h) | 24,933,394 | 0.15 | 1.26 | 0.15 | 27 | |
37.78 | 37.82 | (21.24) | (21.16)(h) | 20,779,859 | 0.49 | 1.23 | 0.49 | 15 | |
53.22 | 53.00 | (4.84) | (5.33) | 164,987,400 | 0.44(f) | 3.07 | 0.44(f) | 15 | |
56.99 | 57.05 | 26.93 | 27.80 | 153,882,748 | 0.44 | 3.18 | 0.44 | 29 | |
46.47 | 46.21 | (11.20) | (11.80) | 213,760,142 | 0.44 | 2.97 | 0.44 | 26 | |
54.43 | 54.50 | 10.00 | 10.31 | 353,795,416 | 0.45 | 3.87 | 0.87(i) | 51 | |
50.91 | 50.83 | (6.93) | (7.43) | 213,804,252 | 0.45 | 2.80 | 0.96(i) | 53 | |
57.15 | 57.36 | 18.95 | 18.65 | 165,741,046 | 0.45 | 2.85 | 1.06(i) | 60 | |
53.60 | 53.48 | (9.40) | (9.69) | 761,070,541 | 0.37(f) | 3.64 | 0.37(f) | 15 | |
61.02 | 61.08 | 26.00 | 26.08 | 842,016,222 | 0.37 | 3.14 | 0.37 | 35 | |
49.84 | 49.86 | (6.72) | (6.62) | 867,200,124 | 0.37 | 2.61 | 0.37 | 23 | |
55.06 | 55.02 | 7.05 | 7.23 | 1,282,867,303 | 0.38 | 3.27 | 0.41(i) | 25 | |
53.10 | 52.98 | (6.72) | (7.22) | 1,444,332,261 | 0.40 | 2.57 | 0.44(i) | 28 | |
59.18 | 59.36 | 20.35 | 20.30 | 1,159,887,006 | 0.43 | 2.63 | 0.51(i) | 29 | |
99.25 | 99.17 | (1.15) | (1.26) | 555,789,865 | 0.18(f) | 1.92 | 0.18(f) | 13 | |
101.43 | 101.46 | 40.36 | 40.44 | 710,012,574 | 0.18 | 1.86 | 0.18 | 33 | |
73.52 | 73.50 | (1.40) | (1.44) | 536,709,641 | 0.18 | 2.26 | 0.18 | 21 | |
76.44 | 76.45 | 11.65 | 11.65 | 802,625,997 | 0.19 | 2.27 | 0.37(i) | 24 | |
69.92 | 69.93 | 4.74 | 4.70 | 559,362,329 | 0.19 | 1.95 | 0.41(i) | 32 | |
68.52 | 68.55 | 20.99 | 21.02 | 356,298,771 | 0.21 | 1.83 | 0.47(i) | 27 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 267 |
Per share operating performance | |||||||
Investment operations | Distributions | ||||||
Net asset value, beginning of period | Net investment income (loss) (b) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Net investment income | Net realized gain | ||
JPMorgan Diversified Return U.S. Mid Cap Equity ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | $92.23 | $0.66 | $ (4.01) | $ (3.35) | $(0.79) | $ — | |
Year Ended October 31, 2021 | 64.77 | 1.30 | 27.36 | 28.66 | (1.20) | — | |
Year Ended October 31, 2020 | 67.13 | 1.18 | (2.38) | (1.20) | (1.16) | — | |
Year Ended October 31, 2019 | 62.24 | 1.18 | 4.78 | 5.96 | (1.07) | — | |
Year Ended October 31, 2018 | 62.06 | 1.06 | 0.59 | 1.65 | (1.47) | — | |
Year Ended October 31, 2017 | 51.65 | 0.89 | 10.02 | 10.91 | (0.50) | — | |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 45.20 | 0.30 | (4.65) | (4.35) | (0.32) | — | |
Year Ended October 31, 2021 | 28.87 | 0.46 | 16.35 | 16.81 | (0.48) | — | |
Year Ended October 31, 2020 | 30.84 | 0.44 | (2.01) | (1.57) | (0.40) | — | |
Year Ended October 31, 2019 | 29.58 | 0.42 | 1.22 | 1.64 | (0.38) | — | |
Year Ended October 31, 2018 | 28.95 | 0.33 | 0.73 | 1.06 | (0.43) | — | |
November 15, 2016 (h) through October 31, 2017 | 25.00 | 0.28 | 3.71 | 3.99 | (0.04) | — | |
JPMorgan International Growth ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 79.09 | 0.29 | (22.33) | (22.04) | (0.49) | (0.54) | |
Year Ended October 31, 2021 | 62.98 | 0.19 | 15.95 | 16.14 | (0.03) | — | |
May 20, 2020 (h) through October 31, 2020 | 51.83 | 0.05 | 11.10 | 11.15 | — | — | |
JPMorgan U.S. Dividend ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 32.56 | 0.45 | 1.12 | 1.57 | (0.48) | — | |
Year Ended October 31, 2021 | 23.31 | 0.90 | 9.35 | 10.25 | (1.00) | — | |
Year Ended October 31, 2020 | 27.09 | 0.91 | (3.79) | (2.88) | (0.90) | — | |
Year Ended October 31, 2019 | 24.92 | 0.93 | 2.11 | 3.04 | (0.87) | — | |
November 8, 2017 (h) through October 31, 2018 | 25.00 | 0.96 | (0.17) | 0.79 | (0.87) | — | |
JPMorgan U.S. Minimum Volatility ETF | |||||||
Six Months Ended April 30, 2022 (Unaudited) | 36.66 | 0.34 | 0.38(j) | 0.72 | (0.37) | — | |
Year Ended October 31, 2021 | 29.06 | 0.63 | 7.67 | 8.30 | (0.70) | — | |
Year Ended October 31, 2020 | 30.21 | 0.67 | (1.10) | (0.43) | (0.72) | — | |
Year Ended October 31, 2019 | 26.14 | 0.64 | 3.95 | 4.59 | (0.52) | — | |
November 8, 2017 (h) through October 31, 2018 | 25.00 | 0.59 | 1.08 | 1.67 | (0.53) | — |
(a) | Annualized for periods less than one year, unless otherwise noted. |
(b) | Calculated based upon average shares outstanding. |
(c) | Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset values for financial reporting purposes and the returns based upon those net asset values may differ from the net asset values and returns for shareholder transactions. |
(d) | Not annualized for periods less than one year. |
(e) | Prior to December 9, 2019, market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the midpoint of the bid/ask spread at the close of business on the listing exchange of the fund. Effective December 9, 2019, the closing price was used to calculate the market price return; however, any prices used in the calculation for market price return prior to December 9, 2019, would have used the midpoint of the bid/ask spread at the close of business on the exchange. |
(f) | Certain non-recurring expenses incurred by the Fund were not annualized for the period indicated. |
(g) | Prior to November 1, 2019, the Fund may have waived fees if expenses exceeded the expense cap. On November 1, 2019, the Fund adopted a unitary fee structure where a management fee is accrued by the fund based on prior day net assets and other expenses are paid by the Advisor. |
(h) | Commencement of operations. |
(i) | Since the Shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from the inception to the first day of secondary market trading, the NAV is used as a proxy for the secondary market trading price to calculate the market returns. |
(j) | Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented in the Statement of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments. |
268 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Ratios/Supplemental data | ||||||||||
Ratios to average net assets (a) | ||||||||||
Total distributions | Net asset value, end of period | Market price, end of period | Total return (c)(d) | Market price total return (d)(e) | Net assets, end of period | Net expenses | Net investment income (loss) | Expenses without waives and reimbursements | Portfolio turnover rate (d) | |
$(0.79) | $88.09 | $88.04 | (3.67)% | (3.80)% | $246,644,357 | 0.24(f)% | 1.44% | 0.24(f)% | 13% | |
— | 92.23 | 92.30 | 44.51 | 44.73 | 239,808,712 | 0.24 | 1.57 | 0.24 | 34 | |
— | 64.77 | 64.72 | (1.66) | (1.79) | 220,207,846 | 0.24 | 1.86 | 0.24 | 28 | |
— | 67.13 | 67.17 | 9.73 | 9.780 | 187,973,791 | 0.24 | 1.82 | 0.43(g) | 25 | |
— | 62.24 | 62.25 | 2.59 | 2.57 | 112,028,180 | 0.24 | 1.64 | 0.50(g) | 35 | |
— | 62.06 | 62.08 | 21.25 | 21.31 | 62,063,250 | 0.26 | 1.54 | 0.62(g) | 31 | |
(0.32) | 40.53 | 40.48 | (9.70) | (9.89) | 200,637,978 | 0.29(f) | 1.37 | 0.29(f) | 14 | |
— | 45.20 | 45.24 | 58.49 | 58.25 | 176,262,186 | 0.29 | 1.13 | 0.29 | 37 | |
— | 28.87 | 28.94 | (4.99) | (4.85) | 148,672,825 | 0.29 | 1.54 | 0.29 | 30 | |
— | 30.84 | 30.87 | 5.64 | 5.75 | 140,343,327 | 0.29 | 1.40 | 0.54(g) | 43 | |
— | 29.58 | 29.58 | 3.61 | 3.43 | 96,135,254 | 0.29 | 1.08 | 0.61(g) | 30 | |
— | 28.95 | 29.00 | 15.96 | 16.16(i) | 55,011,105 | 0.31(f) | 1.08 | 0.97(f)(g) | 24 | |
(1.03) | 56.02 | 55.95 | (28.20) | (28.56) | 58,826,196 | 0.55(f) | 0.87 | 0.55(f) | 16 | |
(0.03) | 79.09 | 79.40 | 25.63 | 25.85 | 61,291,950 | 0.55 | 0.25 | 0.55 | 37 | |
— | 62.98 | 63.12 | 21.51 | 21.78(i) | 37,787,658 | 0.55 | 0.16 | 0.55 | 12 | |
(0.48) | 33.65 | 33.53 | 4.83 | 4.36 | 63,927,522 | 0.12(f) | 2.67 | 0.12(f) | 10 | |
(1.00) | 32.56 | 32.59 | 44.70 | 45.15 | 48,842,278 | 0.12 | 2.92 | 0.12 | 32 | |
(0.90) | 23.31 | 23.26 | (10.50) | (10.72) | 34,965,403 | 0.12 | 3.78 | 0.12 | 26 | |
(0.87) | 27.09 | 27.10 | 12.57 | 12.69 | 40,631,525 | 0.12 | 3.59 | 0.63(g) | 20 | |
(0.87) | 24.92 | 24.90 | 3.08 | 2.99(i) | 27,411,126 | 0.12(f) | 3.81 | 0.76(f)(g) | 24 | |
(0.37) | 37.01 | 36.99 | 1.96 | 1.82 | 29,607,429 | 0.12(f) | 1.82 | 0.12(f) | 8 | |
(0.70) | 36.66 | 36.69 | 28.87 | 29.38 | 20,160,648 | 0.12 | 1.88 | 0.12 | 22 | |
(0.72) | 29.06 | 28.97 | (1.32) | (1.69) | 37,773,538 | 0.12 | 2.29 | 0.12 | 23 | |
(0.52) | 30.21 | 30.23 | 17.82 | 17.90 | 107,244,658 | 0.12 | 2.22 | 0.54(g) | 15 | |
(0.53) | 26.14 | 26.14 | 6.69 | 6.69(i) | 27,445,770 | 0.12(f) | 2.33 | 0.76(f)(g) | 17 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 269 |
Per share operating performance | ||||||
Investment operations | Distributions | |||||
Net asset value, beginning of period | Net investment income (loss) (b) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Net investment income | ||
JPMorgan U.S. Momentum Factor ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | $47.71 | $0.22 | $ (7.91) | $ (7.69) | $(0.19) | |
Year Ended October 31, 2021 | 33.68 | 0.34 | 14.00 | 14.34 | (0.31) | |
Year Ended October 31, 2020 | 29.04 | 0.35 | 4.63 | 4.98 | (0.34) | |
Year Ended October 31, 2019 | 25.98 | 0.37 | 2.99 | 3.36 | (0.30) | |
November 8, 2017 (h) through October 31, 2018 | 25.00 | 0.35 | 0.95 | 1.30 | (0.32) | |
JPMorgan U.S. Quality Factor ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 43.45 | 0.32 | (3.55) | (3.23) | (0.32) | |
Year Ended October 31, 2021 | 31.53 | 0.60 | 11.91 | 12.51 | (0.59) | |
Year Ended October 31, 2020 | 29.74 | 0.56 | 1.70 | 2.26 | (0.47) | |
Year Ended October 31, 2019 | 26.56 | 0.58 | 3.11 | 3.69 | (0.51) | |
November 8, 2017 (h) through October 31, 2018 | 25.00 | 0.52 | 1.52 | 2.04 | (0.48) | |
JPMorgan U.S. Value Factor ETF | ||||||
Six Months Ended April 30, 2022 (Unaudited) | 37.09 | 0.37 | (2.20) | (1.83) | (0.41) | |
Year Ended October 31, 2021 | 24.99 | 0.72 | 12.03 | 12.75 | (0.65) | |
Year Ended October 31, 2020 | 27.29 | 0.77 | (2.29) | (1.52) | (0.78) | |
Year Ended October 31, 2019 | 25.21 | 0.75 | 1.97 | 2.72 | (0.64) | |
November 8, 2017 (h) through October 31, 2018 | 25.00 | 0.64 | 0.16 | 0.80 | (0.59) |
(a) | Annualized for periods less than one year, unless otherwise noted. |
(b) | Calculated based upon average shares outstanding. |
(c) | Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset values for financial reporting purposes and the returns based upon those net asset values may differ from the net asset values and returns for shareholder transactions. |
(d) | Not annualized for periods less than one year. |
(e) | Prior to December 9, 2019, market price return was calculated assuming an initial investment made at the market price at the beginning of the reporting period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. The price used to calculate the market price return was the midpoint of the bid/ask spread at the close of business on the listing exchange of the fund. Effective December 9, 2019, the closing price was used to calculate the market price return; however, any prices used in the calculation for market price return prior to December 9, 2019, would have used the midpoint of the bid/ask spread at the close of business on the exchange. |
(f) | Certain non-recurring expenses incurred by the Fund were not annualized for the period indicated. |
(g) | Prior to November 1, 2019, the Fund may have waived fees if expenses exceeded the expense cap. On November 1, 2019, the Fund adopted a unitary fee structure where a management fee is accrued by the fund based on prior day net assets and other expenses are paid by the Advisor. |
(h) | Commencement of operations. |
(i) | Since the Shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from the inception to the first day of secondary market trading, the NAV is used as a proxy for the secondary market trading price to calculate the market returns. |
270 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Ratios/Supplemental data | |||||||||
Ratios to average net assets (a) | |||||||||
Net asset value, end of period | Market price, end of period | Total return (c)(d) | Market price total return (d)(e) | Net assets, end of period | Net expenses | Net investment income (loss) | Expenses without waives and reimbursements | Portfolio turnover rate (d) | |
$39.83 | $39.78 | (16.17)% | (16.22)% | $244,924,366 | 0.12(f)% | 1.00% | 0.12(f)% | 21% | |
47.71 | 47.68 | 42.72 | 42.38 | 221,858,171 | 0.12 | 0.80 | 0.12 | 44 | |
33.68 | 33.74 | 17.33 | 17.50 | 134,743,086 | 0.12 | 1.11 | 0.12 | 39 | |
29.04 | 29.05 | 13.06 | 13.06 | 56,620,589 | 0.12 | 1.35 | 0.55(g) | 52 | |
25.98 | 25.99 | 5.17 | 5.21(i) | 28,575,370 | 0.12(f) | 1.32 | 0.74(f)(g) | 44 | |
39.90 | 39.91 | (7.49) | (7.53) | 402,997,978 | 0.12(f) | 1.51 | 0.12(f) | 11 | |
43.45 | 43.48 | 39.97 | 40.02 | 393,204,091 | 0.12 | 1.56 | 0.12 | 21 | |
31.53 | 31.54 | 7.72 | 7.68 | 384,671,209 | 0.12 | 1.81 | 0.12 | 20 | |
29.74 | 29.76 | 14.10 | 14.18 | 107,067,872 | 0.12 | 2.05 | 0.50(g) | 21 | |
26.56 | 26.56 | 8.15 | 8.15(i) | 29,215,267 | 0.12(f) | 2.01 | 0.74(f)(g) | 22 | |
34.85 | 34.83 | (5.00) | (5.03) | 531,443,667 | 0.12(f) | 1.99 | 0.12(f) | 13 | |
37.09 | 37.08 | 51.38 | 51.88 | 400,579,487 | 0.12 | 2.01 | 0.12 | 34 | |
24.99 | 24.90 | (5.39) | (5.76) | 62,468,155 | 0.12 | 2.99 | 0.12 | 25 | |
27.29 | 27.30 | 11.01 | 11.05 | 66,849,642 | 0.12 | 2.90 | 0.52(g) | 22 | |
25.21 | 25.21 | 3.12 | 3.12(i) | 28,986,509 | 0.12(f) | 2.52 | 0.75(f)(g) | 26 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 271 |
Diversification Classification | |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | Diversified |
JPMorgan ActiveBuilders International Equity ETF | Diversified |
JPMorgan BetaBuilders Canada ETF | Diversified |
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF)(1) | Diversified |
JPMorgan BetaBuilders Europe ETF | Diversified |
JPMorgan BetaBuilders International Equity ETF | Diversified |
JPMorgan BetaBuilders Japan ETF | Diversified |
JPMorgan BetaBuilders U.S. Equity ETF | Diversified |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | Diversified |
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | Diversified |
JPMorgan Carbon Transition U.S. Equity ETF | Diversified |
JPMorgan Climate Change Solutions ETF(2) | Non-Diversified |
JPMorgan Diversified Return Emerging Markets Equity ETF | Diversified |
JPMorgan Diversified Return International Equity ETF | Diversified |
JPMorgan Diversified Return U.S. Equity ETF | Diversified |
JPMorgan Diversified Return U.S. Mid Cap Equity ETF | Diversified |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | Diversified |
JPMorgan International Growth ETF | Diversified |
JPMorgan U.S. Dividend ETF | Diversified |
JPMorgan U.S. Minimum Volatility ETF | Diversified |
JPMorgan U.S. Momentum Factor ETF | Diversified |
JPMorgan U.S. Quality Factor ETF | Diversified |
JPMorgan U.S. Value Factor ETF | Diversified |
(1) | Effective March 1, 2022, JPMorgan BetaBuilders Developed Asia ex-Japan ETF changed its name to JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF. |
(2) | Commencement of operations was December 13, 2021. |
272 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 273 |
Listing Exchange | |
ActiveBuilders Emerging Markets Equity ETF | Cboe BZX Exchange, Inc. |
ActiveBuilders International Equity ETF | NYSE Arca |
BetaBuilders Canada ETF | Cboe BZX Exchange, Inc. |
BetaBuilders Developed Asia Pacific ex-Japan ETF | Cboe BZX Exchange, Inc. |
BetaBuilders Europe ETF | Cboe BZX Exchange, Inc. |
BetaBuilders International Equity ETF | Cboe BZX Exchange, Inc. |
BetaBuilders Japan ETF | Cboe BZX Exchange, Inc. |
BetaBuilders U.S. Equity ETF | Cboe BZX Exchange, Inc. |
BetaBuilders U.S. Mid Cap Equity ETF | NYSE Arca |
BetaBuilders U.S. Small Cap Equity ETF | NYSE Arca |
Carbon Transition U.S. Equity ETF | NYSE Arca |
Climate Change Solutions ETF | NYSE Arca |
Emerging Markets Equity ETF | NYSE Arca |
International Equity ETF | NYSE Arca |
U.S. Equity ETF | NYSE Arca |
U.S. Mid Cap Equity ETF | NYSE Arca |
U.S. Small Cap Equity ETF | NYSE Arca |
International Growth ETF | NYSE Arca |
U.S. Dividend ETF | NYSE Arca |
U.S. Minimum Volatility ETF | NYSE Arca |
U.S. Momentum Factor ETF | NYSE Arca |
U.S. Quality Factor ETF | NYSE Arca |
U.S. Value Factor ETF | NYSE Arca |
274 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Shares per Creation Unit | |
ActiveBuilders Emerging Markets Equity ETF | 100,000 |
ActiveBuilders International Equity ETF | 100,000 |
BetaBuilders Canada ETF | 50,000 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 100,000 |
BetaBuilders Europe ETF | 100,000 |
BetaBuilders International Equity ETF | 200,000 |
BetaBuilders Japan ETF | 200,000 |
BetaBuilders U.S. Equity ETF | 50,000 |
BetaBuilders U.S. Mid Cap Equity ETF | 25,000 |
BetaBuilders U.S. Small Cap Equity ETF | 25,000 |
Carbon Transition U.S. Equity ETF | 50,000 |
Climate Change Solutions ETF | 25,000 |
Emerging Markets Equity ETF | 100,000 |
International Equity ETF | 100,000 |
U.S. Equity ETF | 100,000 |
U.S. Mid Cap Equity ETF | 100,000 |
U.S. Small Cap Equity ETF | 50,000 |
International Growth ETF | 25,000 |
U.S. Dividend ETF | 50,000 |
U.S. Minimum Volatility ETF | 50,000 |
U.S. Momentum Factor ETF | 50,000 |
U.S. Quality Factor ETF | 50,000 |
U.S. Value Factor ETF | 50,000 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 275 |
• | Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments. |
• | Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs. |
• | Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Funds' assumptions in determining the fair value of investments). |
ActiveBuilders Emerging Markets Equity ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Austria | $ — | $ 321,103 | $ — | $ 321,103 |
Brazil | 38,366,634 | — | — | 38,366,634 |
Canada | 572,022 | — | — | 572,022 |
Chile | 2,436,300 | — | — | 2,436,300 |
China | 5,738,432 | 218,543,926 | 7,360 | 224,289,718 |
Colombia | 260,249 | — | — | 260,249 |
Czech Republic | — | 663,202 | — | 663,202 |
Egypt | — | 798,297 | — | 798,297 |
Ghana | 435,195 | — | — | 435,195 |
Greece | — | 1,273,512 | — | 1,273,512 |
Hong Kong | 548,148 | 15,487,526 | — | 16,035,674 |
Hungary | — | 2,040,807 | — | 2,040,807 |
India | 7,011,670 | 77,061,628 | — | 84,073,298 |
Indonesia | 4,831,107 | 12,236,079 | — | 17,067,186 |
Kazakhstan | 362,700 | — | — | 362,700 |
Macau | — | 500,789 | — | 500,789 |
Malaysia | 935,715 | 2,650,222 | — | 3,585,937 |
Mexico | 31,759,150 | — | — | 31,759,150 |
Nigeria | — | 169,534 | — | 169,534 |
Panama | 315,348 | — | — | 315,348 |
Peru | 1,778,903 | — | — | 1,778,903 |
Philippines | 204,670 | 1,272,154 | — | 1,476,824 |
Poland | — | 3,483,807 | — | 3,483,807 |
276 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
ActiveBuilders Emerging Markets Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Portugal | $ — | $ 1,394,964 | $ — | $ 1,394,964 | |||
Qatar | 2,521,521 | 845,189 | — | 3,366,710 | |||
Russia | — | — | 151,699 | 151,699 | |||
Saudi Arabia | 557,144 | 13,724,403 | — | 14,281,547 | |||
South Africa | 6,858,891 | 15,206,252 | — | 22,065,143 | |||
South Korea | — | 92,666,656 | — | 92,666,656 | |||
Taiwan | 1,436,375 | 118,197,900 | — | 119,634,275 | |||
Tanzania, United Republic of | — | 258,679 | — | 258,679 | |||
Thailand | 9,868,930 | 1,393,387 | — | 11,262,317 | |||
Turkey | 584,494 | 705,121 | — | 1,289,615 | |||
United Arab Emirates | 1,757,786 | 3,296,796 | — | 5,054,582 | |||
United Kingdom | — | 346,357 | — | 346,357 | |||
United States | 3,794,148 | 3,064,438 | — | 6,858,586 | |||
Zambia | 652,456 | — | — | 652,456 | |||
Total Common Stocks | 123,587,988 | 587,602,728 | 159,059 | 711,349,775 | |||
Warrants | 1,227 | — | — | 1,227 | |||
Short-Term Investments | |||||||
Investment Companies | 14,335,116 | — | — | 14,335,116 | |||
Investment of Cash Collateral from Securities Loaned | 368,660 | — | — | 368,660 | |||
Total Short-Term Investments | 14,703,776 | — | — | 14,703,776 | |||
Total Investments in Securities | $138,292,991 | $587,602,728 | $159,059 | $726,054,778 |
ActiveBuilders International Equity ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | $ — | $ 1,347,356 | $— | $ 1,347,356 |
Austria | — | 118,320 | — | 118,320 |
Belgium | — | 202,187 | — | 202,187 |
Brazil | 19,473 | — | — | 19,473 |
Canada | 157,967 | — | — | 157,967 |
China | — | 234,589 | — | 234,589 |
Denmark | 21,840 | 1,027,411 | — | 1,049,251 |
Finland | — | 237,425 | — | 237,425 |
France | — | 2,773,631 | — | 2,773,631 |
Germany | — | 2,024,757 | — | 2,024,757 |
Hong Kong | — | 554,978 | — | 554,978 |
India | 115,996 | — | — | 115,996 |
Indonesia | — | 50,759 | — | 50,759 |
Ireland | — | 32,767 | — | 32,767 |
Italy | — | 256,838 | — | 256,838 |
Japan | — | 4,617,314 | — | 4,617,314 |
Luxembourg | — | 34,056 | — | 34,056 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 277 |
ActiveBuilders International Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Malta | $ — | $ 9,521 | $— | $ 9,521 | |||
Netherlands | — | 1,614,596 | — | 1,614,596 | |||
Norway | 30,909 | 194,273 | — | 225,182 | |||
Singapore | 13,478 | 372,575 | — | 386,053 | |||
South Africa | — | 220,038 | — | 220,038 | |||
South Korea | — | 224,731 | — | 224,731 | |||
Spain | — | 484,587 | — | 484,587 | |||
Sweden | — | 742,736 | — | 742,736 | |||
Switzerland | — | 2,817,284 | — | 2,817,284 | |||
Taiwan | 183,113 | — | — | 183,113 | |||
United Kingdom | 8,775 | 3,055,616 | — | 3,064,391 | |||
United States | — | 774,508 | — | 774,508 | |||
Total Common Stocks | 551,551 | 24,022,853 | — | 24,574,404 | |||
Short-Term Investments | |||||||
Investment Companies | 450,008 | — | — | 450,008 | |||
Investment of Cash Collateral from Securities Loaned | 152,324 | — | — | 152,324 | |||
Total Short-Term Investments | 602,332 | — | — | 602,332 | |||
Total Investments in Securities | $1,153,883 | $24,022,853 | $— | $25,176,736 |
BetaBuilders Canada ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $6,990,952,704 | $— | $— | $6,990,952,704 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (1,128,590) | $— | $— | $ (1,128,590) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
BetaBuilders Developed Asia Pacific ex-Japan ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investments in Securities | |||||||
Common Stocks | |||||||
Australia | $ — | $2,727,501,149 | $— | $2,727,501,149 | |||
China | — | 103,641,750 | — | 103,641,750 | |||
Hong Kong | 67,402,120 | 745,499,905 | — | 812,902,025 | |||
Macau | — | 37,595,526 | — | 37,595,526 | |||
New Zealand | — | 85,454,615 | — | 85,454,615 | |||
Singapore | 3,877,758 | 429,608,367 | — | 433,486,125 | |||
United Kingdom | — | 42,170,723 | — | 42,170,723 | |||
United States | — | 30,967,754 | — | 30,967,754 | |||
Total Common Stocks | 71,279,878 | 4,202,439,789 | — | 4,273,719,667 | |||
Short-Term Investments | |||||||
Investment of Cash Collateral from Securities Loaned | 10,861,479 | — | — | 10,861,479 |
278 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
BetaBuilders Developed Asia Pacific ex-Japan ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities | $82,141,357 | $4,202,439,789 | $— | $4,284,581,146 | |||
Appreciation in Other Financial Instruments | |||||||
Futures Contracts | $ 294,821 | $ — | $— | $ 294,821 |
BetaBuilders Europe ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investments in Securities | |||||||
Common Stocks | |||||||
Australia | $ — | $ 134,529,061 | $ — | $ 134,529,061 | |||
Austria | — | 45,837,730 | — | 45,837,730 | |||
Belgium | — | 141,708,903 | — | 141,708,903 | |||
Brazil | — | 7,592,609 | — | 7,592,609 | |||
Chile | — | 6,241,545 | — | 6,241,545 | |||
China | — | 39,691,612 | — | 39,691,612 | |||
Colombia | — | 2,169,436 | — | 2,169,436 | |||
Denmark | — | 388,444,862 | — | 388,444,862 | |||
Finland | 997,596 | 191,226,660 | — | 192,224,256 | |||
France | — | 1,431,097,284 | — | 1,431,097,284 | |||
Germany | — | 1,074,017,372 | — | 1,074,017,372 | |||
Ireland | 16,111,017 | 67,112,164 | — | 83,223,181 | |||
Italy | — | 307,330,966 | — | 307,330,966 | |||
Jordan | — | 3,995,601 | — | 3,995,601 | |||
Luxembourg | — | 29,942,975 | — | 29,942,975 | |||
Mexico | — | 1,684,404 | — | 1,684,404 | |||
Netherlands | 202,345 | 758,386,665 | — | 758,589,010 | |||
Norway | 1,828,439 | 120,018,236 | — | 121,846,675 | |||
Poland | 1,387,611 | 38,905,223 | — | 40,292,834 | |||
Portugal | — | 23,602,780 | — | 23,602,780 | |||
Russia | — | — | 23,359 | 23,359 | |||
Singapore | — | 22,889,205 | — | 22,889,205 | |||
South Africa | — | 56,442,441 | — | 56,442,441 | |||
South Korea | — | 6,338,573 | — | 6,338,573 | |||
Spain | — | 358,353,986 | — | 358,353,986 | |||
Sweden | 3,974,019 | 523,149,314 | — | 527,123,333 | |||
Switzerland | 20,364,683 | 1,433,418,901 | — | 1,453,783,584 | |||
United Arab Emirates | — | — | — | — | |||
United Kingdom | 10,289,678 | 1,810,181,294 | — | 1,820,470,972 | |||
United States | 4,371,080 | 281,006,744 | — | 285,377,824 | |||
Total Common Stocks | 59,526,468 | 9,305,316,546 | 23,359 | 9,364,866,373 | |||
Short-Term Investments | |||||||
Investment of Cash Collateral from Securities Loaned | 570,727,372 | — | — | 570,727,372 | |||
Total Investments in Securities | $630,253,840 | $9,305,316,546 | $23,359 | $9,935,593,745 | |||
Appreciation in Other Financial Instruments | |||||||
Futures Contracts | $ 1,421,604 | $ — | $ — | $ 1,421,604 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 279 |
BetaBuilders International Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investments in Securities | |||||||
Common Stocks | |||||||
Australia | $ — | $ 254,444,435 | $ — | $ 254,444,435 | |||
Austria | — | 9,074,688 | — | 9,074,688 | |||
Belgium | — | 28,033,742 | — | 28,033,742 | |||
Brazil | — | 1,501,701 | — | 1,501,701 | |||
Chile | — | 1,235,241 | — | 1,235,241 | |||
China | — | 16,502,168 | — | 16,502,168 | |||
Colombia | — | 431,078 | — | 431,078 | |||
Denmark | — | 76,880,710 | — | 76,880,710 | |||
Finland | 196,137 | 37,842,800 | — | 38,038,937 | |||
France | — | 283,185,417 | — | 283,185,417 | |||
Germany | — | 212,543,448 | — | 212,543,448 | |||
Hong Kong | 5,630,019 | 62,259,476 | — | 67,889,495 | |||
Ireland | 3,186,957 | 13,281,817 | — | 16,468,774 | |||
Israel | — | 15,105,236 | — | 15,105,236 | |||
Italy | — | 60,817,153 | — | 60,817,153 | |||
Japan | 711,489 | 688,207,942 | — | 688,919,431 | |||
Jordan | — | 793,459 | — | 793,459 | |||
Luxembourg | — | 5,925,529 | — | 5,925,529 | |||
Macau | — | 3,140,509 | — | 3,140,509 | |||
Mexico | — | 335,522 | — | 335,522 | |||
Netherlands | 14,763 | 150,119,627 | — | 150,134,390 | |||
New Zealand | — | 7,144,310 | — | 7,144,310 | |||
Norway | 364,148 | 23,744,776 | — | 24,108,924 | |||
Poland | 272,918 | 7,700,899 | — | 7,973,817 | |||
Portugal | — | 4,671,142 | — | 4,671,142 | |||
Russia | — | — | 4,964 | 4,964 | |||
Singapore | 327,797 | 40,418,669 | — | 40,746,466 | |||
South Africa | — | 11,169,345 | — | 11,169,345 | |||
South Korea | — | 1,251,481 | — | 1,251,481 | |||
Spain | — | 70,925,123 | — | 70,925,123 | |||
Sweden | 790,365 | 103,524,408 | — | 104,314,773 | |||
Switzerland | 4,036,245 | 283,534,422 | — | 287,570,667 | |||
United Arab Emirates | — | — | — | — | |||
United Kingdom | 2,031,036 | 361,732,042 | — | 363,763,078 | |||
United States | 864,957 | 58,189,276 | — | 59,054,233 | |||
Total Common Stocks | 18,426,831 | 2,895,667,591 | 4,964 | 2,914,099,386 | |||
Short-Term Investments | |||||||
Investment Companies | 9,889,216 | — | — | 9,889,216 | |||
Investment of Cash Collateral from Securities Loaned | 80,452,707 | — | — | 80,452,707 | |||
Total Short-Term Investments | 90,341,923 | — | — | 90,341,923 | |||
Total Investments in Securities | $108,768,754 | $2,895,667,591 | $4,964 | $3,004,441,309 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts | $ (1,004,203) | $ — | $ — | $ (1,004,203) |
280 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
BetaBuilders Japan ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Air Freight & Logistics | $ — | $ 29,388,287 | $— | $ 29,388,287 |
Airlines | — | 10,305,833 | — | 10,305,833 |
Auto Components | — | 154,445,911 | — | 154,445,911 |
Automobiles | — | 609,766,190 | — | 609,766,190 |
Banks | — | 361,216,850 | — | 361,216,850 |
Beverages | — | 69,142,530 | — | 69,142,530 |
Building Products | — | 121,652,825 | — | 121,652,825 |
Capital Markets | — | 62,328,560 | — | 62,328,560 |
Chemicals | — | 292,392,203 | — | 292,392,203 |
Commercial Services & Supplies | — | 55,387,768 | — | 55,387,768 |
Construction & Engineering | — | 40,666,516 | — | 40,666,516 |
Consumer Finance | — | 9,073,040 | — | 9,073,040 |
Diversified Financial Services | — | 51,211,468 | — | 51,211,468 |
Diversified Telecommunication Services | — | 67,213,716 | — | 67,213,716 |
Electric Utilities | — | 48,091,907 | — | 48,091,907 |
Electrical Equipment | — | 123,141,464 | — | 123,141,464 |
Electronic Equipment, Instruments & Components | — | 356,494,993 | — | 356,494,993 |
Entertainment | — | 162,241,386 | — | 162,241,386 |
Equity Real Estate Investment Trusts (REITs) | 7,230,268 | 106,283,778 | — | 113,514,046 |
Food & Staples Retailing | — | 131,155,615 | — | 131,155,615 |
Food Products | — | 119,532,203 | — | 119,532,203 |
Gas Utilities | — | 29,291,176 | — | 29,291,176 |
Health Care Equipment & Supplies | — | 186,644,871 | — | 186,644,871 |
Health Care Providers & Services | — | 12,077,804 | — | 12,077,804 |
Health Care Technology | — | 26,077,264 | — | 26,077,264 |
Hotels, Restaurants & Leisure | — | 71,875,499 | — | 71,875,499 |
Household Durables | — | 316,044,631 | — | 316,044,631 |
Household Products | — | 35,530,048 | — | 35,530,048 |
Industrial Conglomerates | — | 121,915,106 | — | 121,915,106 |
Insurance | — | 205,015,539 | — | 205,015,539 |
Interactive Media & Services | — | 24,653,945 | — | 24,653,945 |
Internet & Direct Marketing Retail | — | 20,306,151 | — | 20,306,151 |
IT Services | — | 171,221,943 | — | 171,221,943 |
Leisure Products | — | 74,525,094 | — | 74,525,094 |
Machinery | — | 371,545,651 | — | 371,545,651 |
Marine | — | 39,528,142 | — | 39,528,142 |
Media | — | 32,143,646 | — | 32,143,646 |
Metals & Mining | — | 71,151,702 | — | 71,151,702 |
Multiline Retail | — | 20,090,857 | — | 20,090,857 |
Oil, Gas & Consumable Fuels | — | 57,414,674 | — | 57,414,674 |
Paper & Forest Products | — | 9,164,208 | — | 9,164,208 |
Personal Products | — | 88,579,061 | — | 88,579,061 |
Pharmaceuticals | — | 412,546,778 | — | 412,546,778 |
Professional Services | — | 133,799,112 | — | 133,799,112 |
Real Estate Management & Development | — | 168,294,448 | — | 168,294,448 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 281 |
BetaBuilders Japan ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Road & Rail | $ — | $ 202,304,252 | $— | $ 202,304,252 | |||
Semiconductors & Semiconductor Equipment | — | 235,302,250 | — | 235,302,250 | |||
Software | — | 19,022,129 | — | 19,022,129 | |||
Specialty Retail | — | 95,156,062 | — | 95,156,062 | |||
Technology Hardware, Storage & Peripherals | — | 115,249,220 | — | 115,249,220 | |||
Textiles, Apparel & Luxury Goods | — | 5,723,808 | — | 5,723,808 | |||
Tobacco | — | 35,685,648 | — | 35,685,648 | |||
Trading Companies & Distributors | — | 361,350,914 | — | 361,350,914 | |||
Transportation Infrastructure | — | 7,334,263 | — | 7,334,263 | |||
Wireless Telecommunication Services | — | 265,090,345 | — | 265,090,345 | |||
Total Common Stocks | 7,230,268 | 7,022,789,284 | — | 7,030,019,552 | |||
Short-Term Investments | |||||||
Investment of Cash Collateral from Securities Loaned | 11,683,998 | — | — | 11,683,998 | |||
Total Investments in Securities | $18,914,266 | $7,022,789,284 | $— | $7,041,703,550 | |||
Appreciation in Other Financial Instruments | |||||||
Futures Contracts | $ 466,375 | $ — | $— | $ 466,375 |
BetaBuilders U.S. Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $1,085,220,099 | $— | $— | $1,085,220,099 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (151,298) | $— | $— | $ (151,298) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
BetaBuilders U.S. Mid Cap Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $1,542,316,633 | $— | $— | $1,542,316,633 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (111,095) | $— | $— | $ (111,095) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
BetaBuilders U.S. Small Cap Equity ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | $490,707,577 | $— | $ — | $490,707,577 |
Rights | — | — | 9,582 | 9,582 |
Short-Term Investments | ||||
Investment Companies | 6,867,283 | — | — | 6,867,283 |
282 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
BetaBuilders U.S. Small Cap Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investment of Cash Collateral from Securities Loaned | $ 7,995,973 | $— | $ — | $ 7,995,973 | |||
Total Short-Term Investments | 14,863,256 | — | — | 14,863,256 | |||
Total Investments in Securities | $505,570,833 | $— | $9,582 | $505,580,415 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts | $ (486,136) | $— | $ — | $ (486,136) |
Carbon Transition U.S. Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $22,187,627 | $— | $— | $22,187,627 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (328) | $— | $— | $ (328) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
Climate Change Solutions ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investments in Securities | |||||||
Common Stocks | |||||||
Canada | $ 433,833 | $ — | $— | $ 433,833 | |||
China | — | 789,217 | — | 789,217 | |||
Denmark | — | 414,604 | — | 414,604 | |||
Finland | — | 677,274 | — | 677,274 | |||
France | — | 815,322 | — | 815,322 | |||
Germany | — | 779,803 | — | 779,803 | |||
Ireland | — | 424,756 | — | 424,756 | |||
Italy | — | 384,938 | — | 384,938 | |||
Japan | — | 512,498 | — | 512,498 | |||
Netherlands | — | 1,102,079 | — | 1,102,079 | |||
Norway | — | 118,483 | — | 118,483 | |||
South Korea | — | 321,539 | — | 321,539 | |||
Spain | — | 825,165 | — | 825,165 | |||
Sweden | — | 1,182,797 | — | 1,182,797 | |||
Switzerland | 364,982 | 552,486 | — | 917,468 | |||
United Kingdom | 1,386,269 | 289,301 | — | 1,675,570 | |||
United States | 8,445,764 | 744,031 | — | 9,189,795 | |||
Total Common Stocks | 10,630,848 | 9,934,293 | — | 20,565,141 | |||
Total Investments in Securities | $10,630,848 | $9,934,293 | $— | $20,565,141 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 283 |
Emerging Markets Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Investments in Securities | |||||||
Common Stocks | |||||||
Bahrain | $ — | $ 140,327 | $ — | $ 140,327 | |||
Brazil | 15,490,689 | 3,316 | — | 15,494,005 | |||
Chile | 2,344,939 | — | — | 2,344,939 | |||
China | 1,311,406 | 37,087,976 | 129,385 | 38,528,767 | |||
Colombia | 407,850 | — | — | 407,850 | |||
Czech Republic | 124,358 | 538,392 | — | 662,750 | |||
Egypt | — | 201,889 | — | 201,889 | |||
Greece | — | 1,789,268 | — | 1,789,268 | |||
Hong Kong | — | 322,382 | — | 322,382 | |||
Hungary | — | 1,215,170 | — | 1,215,170 | |||
India | — | 18,415,145 | — | 18,415,145 | |||
Indonesia | 1,599,542 | 3,683,378 | — | 5,282,920 | |||
Kuwait | — | 3,372,071 | — | 3,372,071 | |||
Malaysia | 2,059,975 | 1,434,855 | — | 3,494,830 | |||
Mexico | 10,302,231 | — | — | 10,302,231 | |||
Pakistan | 45,378 | — | — | 45,378 | |||
Panama | 24,027 | — | — | 24,027 | |||
Philippines | 29,851 | 1,018,070 | — | 1,047,921 | |||
Qatar | 2,195,239 | 1,183,997 | — | 3,379,236 | |||
Russia | — | — | 116,932 | 116,932 | |||
Saudi Arabia | 730,126 | 11,316,102 | — | 12,046,228 | |||
Singapore | 145,811 | — | — | 145,811 | |||
South Africa | 6,212,432 | 5,531,606 | — | 11,744,038 | |||
Taiwan | — | 18,734,441 | — | 18,734,441 | |||
Thailand | 3,231,184 | 818,095 | — | 4,049,279 | |||
Turkey | 3,852,235 | 2,160,692 | — | 6,012,927 | |||
United Arab Emirates | 1,475,412 | 3,339,930 | — | 4,815,342 | |||
United States | 730,449 | — | — | 730,449 | |||
Total Common Stocks | 52,313,134 | 112,307,102 | 246,317 | 164,866,553 | |||
Short-Term Investments | |||||||
Investment of Cash Collateral from Securities Loaned | 780,542 | — | — | 780,542 | |||
Total Investments in Securities | $53,093,676 | $112,307,102 | $246,317 | $165,647,095 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts | $ (1,524) | $ — | $ — | $ (1,524) |
International Equity ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | $ — | $ 80,244,167 | $ — | $ 80,244,167 |
Austria | — | 3,906,384 | — | 3,906,384 |
284 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
International Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Belgium | $ — | $ 4,391,385 | $ — | $ 4,391,385 | |||
Brazil | — | 3,327,814 | — | 3,327,814 | |||
Cambodia | — | 110,823 | — | 110,823 | |||
Chile | — | 2,854,031 | — | 2,854,031 | |||
China | — | 10,914,724 | — | 10,914,724 | |||
Denmark | — | 4,858,679 | — | 4,858,679 | |||
Finland | — | 14,510,212 | — | 14,510,212 | |||
France | — | 29,946,148 | — | 29,946,148 | |||
Germany | — | 22,300,429 | — | 22,300,429 | |||
Hong Kong | 3,354,952 | 25,362,754 | — | 28,717,706 | |||
Indonesia | — | 1,144,899 | — | 1,144,899 | |||
Ireland | — | 3,464,922 | — | 3,464,922 | |||
Italy | — | 15,171,021 | — | 15,171,021 | |||
Japan | 651,054 | 213,400,780 | — | 214,051,834 | |||
Jordan | — | 2,216,297 | — | 2,216,297 | |||
Luxembourg | — | 1,294,685 | — | 1,294,685 | |||
Mexico | — | 627,405 | — | 627,405 | |||
Netherlands | — | 23,474,787 | — | 23,474,787 | |||
New Zealand | — | 4,381,071 | — | 4,381,071 | |||
Norway | — | 8,749,889 | — | 8,749,889 | |||
Poland | — | 417,479 | — | 417,479 | |||
Portugal | — | 3,445,539 | — | 3,445,539 | |||
Russia | — | — | 20,254 | 20,254 | |||
Singapore | — | 16,489,390 | — | 16,489,390 | |||
South Africa | — | 2,811,149 | — | 2,811,149 | |||
South Korea | — | 54,947,014 | — | 54,947,014 | |||
Spain | — | 15,036,357 | — | 15,036,357 | |||
Sweden | — | 33,064,128 | — | 33,064,128 | |||
Switzerland | — | 15,523,480 | — | 15,523,480 | |||
United Kingdom | — | 121,088,800 | — | 121,088,800 | |||
United States | 2,156,817 | 8,104,345 | — | 10,261,162 | |||
Total Common Stocks | 6,162,823 | 747,580,987 | 20,254 | 753,764,064 | |||
Short-Term Investments | |||||||
Investment Companies | 268,189 | — | — | 268,189 | |||
Investment of Cash Collateral from Securities Loaned | 16,702,824 | — | — | 16,702,824 | |||
Total Short-Term Investments | 16,971,013 | — | — | 16,971,013 | |||
Total Investments in Securities | $23,133,836 | $747,580,987 | $20,254 | $770,735,077 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts | $ (196,403) | $ — | $ — | $ (196,403) |
U.S. Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $567,907,702 | $— | $— | $567,907,702 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 285 |
U.S. Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (6,194) | $— | $— | $ (6,194) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Mid Cap Equity ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $254,272,715 | $— | $— | $254,272,715 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (6,692) | $— | $— | $ (6,692) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Small Cap Equity ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Aerospace & Defense | $ 186,895 | $— | $ — | $ 186,895 |
Automobiles & Parts | 1,006,384 | — | — | 1,006,384 |
Banks | 9,163,812 | — | — | 9,163,812 |
Beverages | 2,803,486 | — | — | 2,803,486 |
Chemicals | 7,231,081 | — | — | 7,231,081 |
Construction & Materials | 3,782,169 | — | — | 3,782,169 |
Consumer Services | 895,812 | — | — | 895,812 |
Electricity | 3,252,443 | — | — | 3,252,443 |
Electronic & Electrical Equipment | 2,507,728 | — | — | 2,507,728 |
Finance & Credit Services | 2,910,606 | — | — | 2,910,606 |
Food Producers | 7,513,288 | — | — | 7,513,288 |
Gas, Water & Multi-utilities | 6,895,427 | — | — | 6,895,427 |
General Industrials | 2,445,679 | — | — | 2,445,679 |
Health Care Providers | 6,362,008 | — | — | 6,362,008 |
Household Goods & Home Construction | 3,184,895 | — | — | 3,184,895 |
Industrial Engineering | 2,616,919 | — | — | 2,616,919 |
Industrial Materials | 3,881,022 | — | — | 3,881,022 |
Industrial Metals & Mining | 8,035,474 | — | — | 8,035,474 |
Industrial Support Services | 5,591,845 | — | — | 5,591,845 |
Industrial Transportation | 5,013,952 | — | — | 5,013,952 |
Investment Banking & Brokerage Services | 2,691,798 | — | — | 2,691,798 |
Leisure Goods | 2,707,659 | — | — | 2,707,659 |
Life Insurance | 1,069,674 | — | — | 1,069,674 |
Media | 258,939 | — | — | 258,939 |
Medical Equipment & Services | 7,558,595 | — | — | 7,558,595 |
Mortgage Real Estate Investment Trusts | 4,030,597 | — | — | 4,030,597 |
Non-life Insurance | 2,068,214 | — | — | 2,068,214 |
286 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
U.S. Small Cap Equity ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Non-Renewable Energy | $ 14,114,996 | $— | $ — | $ 14,114,996 | |||
Personal Care, Drug & Grocery Stores | 7,093,660 | — | — | 7,093,660 | |||
Personal Goods | 1,594,051 | — | — | 1,594,051 | |||
Pharmaceuticals, Biotechnology & Marijuana Producers | 6,852,468 | — | 55,232 | 6,907,700 | |||
Precious Metals & Mining | 497,227 | — | — | 497,227 | |||
Real Estate Investment & Services | 2,290,878 | — | — | 2,290,878 | |||
Real Estate Investment Trusts | 18,313,127 | — | — | 18,313,127 | |||
Renewable Energy | 875,188 | — | — | 875,188 | |||
Retailers | 6,780,396 | — | — | 6,780,396 | |||
Software & Computer Services | 8,243,187 | — | — | 8,243,187 | |||
Technology Hardware & Equipment | 14,753,345 | — | — | 14,753,345 | |||
Telecommunications Equipment | 5,766,487 | — | — | 5,766,487 | |||
Telecommunications Service Providers | 5,245,878 | — | — | 5,245,878 | |||
Tobacco | 1,575,483 | — | — | 1,575,483 | |||
Travel & Leisure | 124,646 | — | — | 124,646 | |||
Waste & Disposal Services | 497,470 | — | — | 497,470 | |||
Total Common Stocks | 200,284,888 | — | 55,232 | 200,340,120 | |||
Rights | — | — | 6,378 | 6,378 | |||
Short-Term Investments | |||||||
Investment Companies | 96,528 | — | — | 96,528 | |||
Investment of Cash Collateral from Securities Loaned | 16,316,768 | — | — | 16,316,768 | |||
Total Short-Term Investments | 16,413,296 | — | — | 16,413,296 | |||
Total Investments in Securities | $216,698,184 | $— | $61,610 | $216,759,794 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts | $ (4,769) | $— | $ — | $ (4,769) |
International Growth ETF | ||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Common Stocks | ||||
Australia | $ — | $ 566,857 | $— | $ 566,857 |
Brazil | 664,016 | — | — | 664,016 |
Canada | 1,947,260 | — | — | 1,947,260 |
China | 476,811 | 4,135,058 | — | 4,611,869 |
Denmark | — | 3,790,682 | — | 3,790,682 |
France | — | 3,766,368 | — | 3,766,368 |
Germany | — | 3,063,616 | — | 3,063,616 |
Hong Kong | — | 3,390,284 | — | 3,390,284 |
India | 593,121 | — | — | 593,121 |
Indonesia | — | 978,553 | — | 978,553 |
Japan | — | 6,526,688 | — | 6,526,688 |
Netherlands | — | 3,952,719 | — | 3,952,719 |
Singapore | — | 902,496 | — | 902,496 |
South Africa | — | 603,730 | — | 603,730 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 287 |
International Growth ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
South Korea | $ — | $ 444,439 | $— | $ 444,439 | |||
Sweden | — | 1,744,110 | — | 1,744,110 | |||
Switzerland | — | 7,194,534 | — | 7,194,534 | |||
Taiwan | 3,377,728 | — | — | 3,377,728 | |||
United Kingdom | — | 7,593,121 | — | 7,593,121 | |||
United States | 1,557,416 | — | — | 1,557,416 | |||
Total Common Stocks | 8,616,352 | 48,653,255 | — | 57,269,607 | |||
Short-Term Investments | |||||||
Investment Companies | 1,633,814 | — | — | 1,633,814 | |||
Total Investments in Securities | $10,250,166 | $48,653,255 | $— | $58,903,421 |
U.S. Dividend ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $64,980,257 | $— | $— | $64,980,257 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (2,525) | $— | $— | $ (2,525) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Minimum Volatility ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $29,811,742 | $— | $— | $29,811,742 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (1,304) | $— | $— | $ (1,304) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Momentum Factor ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $248,084,885 | $— | $— | $248,084,885 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (9,957) | $— | $— | $ (9,957) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Quality Factor ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $406,243,630 | $— | $— | $406,243,630 |
288 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
U.S. Quality Factor ETF (continued) | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (19,707) | $— | $— | $ (19,707) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
U.S. Value Factor ETF | |||||||
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | ||||
Total Investments in Securities (a) | $540,259,625 | $— | $— | $540,259,625 | |||
Depreciation in Other Financial Instruments | |||||||
Futures Contracts (a) | $ (14,854) | $— | $— | $ (14,854) |
(a) | Please refer to the SOI for specific of portfolio holdings. |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 289 |
Investment Securities on Loan, at value, Presented on the Statements of Assets and Liabilities | Cash Collateral Posted by Borrower* | Net Amount Due to Counterparty (not less than zero) | |
ActiveBuilders Emerging Markets Equity ETF | $ 345,193 | $ (345,193) | $— |
ActiveBuilders International Equity ETF | 144,797 | (144,797) | — |
BetaBuilders Canada ETF | 440,727,186 | (440,727,186) | — |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 7,721,703 | (7,721,703) | — |
BetaBuilders Europe ETF | 502,857,161 | (502,857,161) | — |
BetaBuilders International Equity ETF | 65,283,866 | (65,283,866) | — |
BetaBuilders Japan ETF | 11,113,596 | (11,113,596) | — |
BetaBuilders U.S. Equity ETF | 3,968,472 | (3,968,472) | — |
BetaBuilders U.S. Mid Cap Equity ETF | 36,202,057 | (36,202,057) | — |
BetaBuilders U.S. Small Cap Equity ETF | 7,449,030 | (7,449,030) | — |
Emerging Markets Equity ETF | 728,207 | (728,207) | — |
International Equity ETF | 13,303,812 | (13,303,812) | — |
U.S. Equity ETF | 10,915,468 | (10,915,468) | — |
U.S. Mid Cap Equity ETF | 7,354,015 | (7,354,015) | — |
U.S. Small Cap Equity ETF | 15,285,821 | (15,285,821) | — |
U.S. Dividend ETF | 1,052,590 | (1,052,590) | — |
U.S. Minimum Volatility ETF | 224,302 | (224,302) | — |
U.S. Momentum Factor ETF | 3,148,692 | (3,148,692) | — |
U.S. Quality Factor ETF | 3,301,227 | (3,301,227) | — |
U.S. Value Factor ETF | 8,759,167 | (8,759,167) | — |
* | Collateral posted reflects the value of securities on loan and does not include any additional amounts received from the borrower. |
290 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
ActiveBuilders Emerging Markets Equity ETF | $ 252 |
ActiveBuilders International Equity ETF | 4 |
BetaBuilders Canada ETF | 72,245 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 9,753 |
BetaBuilders Europe ETF | 15,860 |
BetaBuilders International Equity ETF | 2,044 |
BetaBuilders Japan ETF | 4,112 |
BetaBuilders U.S. Equity ETF | 409 |
BetaBuilders U.S. Mid Cap Equity ETF | 2,493 |
BetaBuilders U.S. Small Cap Equity ETF | 2,669 |
Emerging Markets Equity ETF | 213 |
International Equity ETF | 618 |
U.S. Equity ETF | 956 |
U.S. Mid Cap Equity ETF | 708 |
U.S. Small Cap Equity ETF | 986 |
U.S. Dividend ETF | 16 |
U.S. Minimum Volatility ETF | 29 |
U.S. Momentum Factor ETF | 301 |
U.S. Quality Factor ETF | 465 |
U.S. Value Factor ETF | 761 |
ActiveBuilders Emerging Markets Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Prime Money Market Fund Class IM Shares, 0.42% (a) (b) | $3,609,948 | $87,532,066 | $76,804,635 | $(2,729) | $466 | $14,335,116 | 14,330,817 | $6,203 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,214,086 | 8,421,271 | 9,266,697 | — | — | 368,660 | 368,660 | 627* | — | ||||||
Total | $4,824,034 | $95,953,337 | $86,071,332 | $(2,729) | $466 | $14,703,776 | $6,830 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 291 |
ActiveBuilders International Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $429,423 | $ 963,923 | $ 943,338 | $— | $— | $450,008 | 450,008 | $204 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 124,086 | 358,928 | 330,690 | — | — | 152,324 | 152,324 | 46* | — | ||||||
Total | $553,509 | $1,322,851 | $1,274,028 | $— | $— | $602,332 | $250 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
BetaBuilders Canada ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $184,490,813 | $2,114,499,999 | $2,077,799,999 | $(170,512)* | $(6,004) | $221,014,297 | 221,169,116 | $167,566* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 347,161,083 | 3,488,649,902 | 3,578,558,753 | — | — | 257,252,232 | 257,252,232 | 78,868* | — | ||||||
Total | $531,651,896 | $5,603,149,901 | $5,656,358,752 | $(170,512) | $(6,004) | $478,266,529 | $246,434 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
292 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $110,984,304 | $256,000,000 | $366,000,000 | $(29,795)* | $(382) | $ 954,127 | 954,795 | $23,762* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 41,285,887 | 383,378,291 | 414,756,826 | — | — | 9,907,352 | 9,907,352 | 4,387* | — | ||||||
Total | $152,270,191 | $639,378,291 | $780,756,826 | $(29,795) | $(382) | $10,861,479 | $28,149 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
BetaBuilders Europe ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $110,100,856 | $ 587,000,000 | $ 457,510,000 | $(26,767)* | $5,420 | $239,569,509 | 239,737,326 | $ 96,440* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 53,626,708 | 1,074,193,785 | 796,662,630 | — | — | 331,157,863 | 331,157,863 | 61,428* | — | ||||||
Total | $163,727,564 | $1,661,193,785 | $1,254,172,630 | $(26,767) | $5,420 | $570,727,372 | $157,868 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 293 |
BetaBuilders International Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $30,493,852 | $159,500,000 | $129,000,000 | $(1,437)* | $(4,403) | $60,988,012 | 61,030,734 | $18,696* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 20,389,345 | 100,378,553 | 110,878,682 | — | — | 9,889,216 | 9,889,216 | 4,956 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 4,253,477 | 141,202,044 | 125,990,826 | — | — | 19,464,695 | 19,464,695 | 6,536* | — | ||||||
Total | $55,136,674 | $401,080,597 | $365,869,508 | $(1,437) | $(4,403) | $90,341,923 | $30,188 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
BetaBuilders Japan ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $ 9,087,914 | $267,000,000 | $266,000,000 | $(2,265)* | $1,009 | $10,086,658 | 10,093,724 | $20,591* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 10,903,860 | 270,273,473 | 279,579,993 | — | — | 1,597,340 | 1,597,340 | 6,600* | — | ||||||
Total | $19,991,774 | $537,273,473 | $545,579,993 | $(2,265) | $1,009 | $11,683,998 | $27,191 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
294 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
BetaBuilders U.S. Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Chase & Co. Class (a) | $ 9,582,475 | $ 4,861,324 | $ 493,212 | $2,238 | $(3,629,975) | $10,322,850 | 86,485 | $142,410 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 2,841,848 | 14,152,912 | 12,870,303 | — | — | 4,124,457 | 4,124,457 | 1,811 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (b) (c) | 561,034 | 12,183,986 | 8,471,118 | — | — | 4,273,902 | 4,273,902 | 1,013* | — | ||||||
Total | $12,985,357 | $31,198,222 | $21,834,633 | $2,238 | $(3,629,975) | $18,721,209 | $145,234 | $— |
(a) | Investment in affiliate. This security is included in an index in which the Fund, as an index fund, tracks. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
BetaBuilders U.S. Mid Cap Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $62,497,450 | $ 97,000,000 | $126,000,000 | $(28,859)* | $114 | $33,468,705 | 33,492,149 | $31,975* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 4,743,180 | 54,428,045 | 55,052,626 | — | — | 4,118,599 | 4,118,599 | 5,491 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 7,753,502 | 75,683,449 | 78,215,125 | — | — | 5,221,826 | 5,221,826 | 3,069* | — | ||||||
Total | $74,994,132 | $227,111,494 | $259,267,751 | $(28,859) | $114 | $42,809,130 | $40,535 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 295 |
BetaBuilders U.S. Small Cap Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $ — | $17,000,000 | $11,000,000 | $(2,102)* | $(999) | $ 5,996,899 | 6,001,099 | $4,006* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 5,825,244 | 18,111,705 | 17,069,666 | — | — | 6,867,283 | 6,867,283 | 2,305 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 11,679,894 | 35,576,317 | 45,257,137 | — | — | 1,999,074 | 1,999,074 | 1,617* | — | ||||||
Total | $17,505,138 | $70,688,022 | $73,326,803 | $(2,102) | $(999) | $14,863,256 | $7,928 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
Carbon Transition U.S. Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $9,966 | $398,314 | $396,627 | $— | $— | $11,653 | 11,653 | $15 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
Climate Change Solutions ETF | |||||||||||||||
For the period ended April 30, 2022 | |||||||||||||||
Security Description | Value at December 13, 2021(a) | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Prime Money Market Fund Class IM Shares, 0.42% (b) (c) | $— | $241,534 | $241,510 | $(24) | $— | $— | — | $19 | $— |
(a) | Commencement of operations was December 13, 2021. |
(b) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(c) | The rate shown is the current yield as of April 30, 2022. |
296 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Emerging Markets Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $ 703,142 | $ 942,844 | $1,645,986 | $— | $— | $ — | — | $ 68 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 449,126 | 1,552,514 | 1,221,098 | — | — | 780,542 | 780,542 | 347* | — | ||||||
Total | $1,152,268 | $2,495,358 | $2,867,084 | $— | $— | $780,542 | $415 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
International Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Prime Money Market Fund Class IM Shares, 0.42% (a) (b) | $ 332,532 | $ 48,027,976 | $ 48,091,854 | $ (465) | $ — | $ 268,189 | 268,109 | $1,696 | $— | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | 6,757,673 | 32,500,000 | 27,000,000 | (4,081)* | 852 | 12,254,444 | 12,263,027 | 6,112* | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,350,975 | 43,405,787 | 40,308,382 | — | — | 4,448,380 | 4,448,380 | 1,724* | — | ||||||
Total | $8,441,180 | $123,933,763 | $115,400,236 | $(4,546) | $852 | $16,971,013 | $9,532 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 297 |
U.S. Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $20,205,079 | $ 60,500,000 | $ 71,000,000 | $(6,182)* | $490 | $ 9,699,387 | 9,706,181 | $7,039* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,191,071 | 24,797,789 | 24,851,159 | — | — | 1,137,701 | 1,137,701 | 571 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 3,486,227 | 50,044,437 | 51,597,148 | — | — | 1,933,516 | 1,933,516 | 1,350* | — | ||||||
Total | $24,882,377 | $135,342,226 | $147,448,307 | $(6,182) | $490 | $12,770,604 | $8,960 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
U.S. Mid Cap Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $ 200,580 | $15,999,999 | $10,250,000 | $(3,007)* | $(159) | $5,947,413 | 5,951,580 | $2,696* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 356,647 | 9,052,327 | 9,158,246 | — | — | 250,728 | 250,728 | 230 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 3,674,212 | 26,587,676 | 28,444,937 | — | — | 1,816,951 | 1,816,951 | 968* | — | ||||||
Total | $4,231,439 | $51,640,002 | $47,853,183 | $(3,007) | $(159) | $8,015,092 | $3,894 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
298 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
U.S. Small Cap Equity ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $16,344,863 | $21,000,000 | $24,000,000 | $(7,372)* | $(1,569) | $13,335,922 | 13,345,264 | $ 9,429* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 337,403 | 7,670,144 | 7,911,019 | — | — | 96,528 | 96,528 | 259 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 3,231,887 | 36,785,948 | 37,036,989 | — | — | 2,980,846 | 2,980,846 | 1,420* | — | ||||||
Total | $19,914,153 | $65,456,092 | $68,948,008 | $(7,372) | $(1,569) | $16,413,296 | $11,108 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
International Growth ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $446,263 | $6,960,552 | $5,773,001 | $— | $— | $1,633,814 | 1,633,814 | $808 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
U.S. Dividend ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $80,127 | $2,416,193 | $2,378,768 | $— | $— | $ 117,552 | 117,552 | $ 47 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | — | 1,863,729 | 744,967 | — | — | 1,118,762 | 1,118,762 | 143* | — | ||||||
Total | $80,127 | $4,279,922 | $3,123,735 | $— | $— | $1,236,314 | $190 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 299 |
U.S. Minimum Volatility ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $24,948 | $ — | $ — | $— | $(18) | $ 24,930 | 24,948 | $ 18* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 24,381 | 489,203 | 492,289 | — | — | 21,295 | 21,295 | 20 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 26,822 | 630,075 | 447,962 | — | — | 208,935 | 208,935 | 69* | — | ||||||
Total | $76,151 | $1,119,278 | $940,251 | $— | $(18) | $255,160 | $107 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
U.S. Momentum Factor ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | $ 155,476 | $ 5,245,369 | $ 5,186,173 | $— | $— | $ 214,672 | 214,672 | $ 184 | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,686,209 | 10,854,031 | 9,190,438 | — | — | 3,349,802 | 3,349,802 | 844* | — | ||||||
Total | $1,841,685 | $16,099,400 | $14,376,611 | $— | $— | $3,564,474 | $1,028 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
300 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
U.S. Quality Factor ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $6,249,325 | $16,000,000 | $21,750,000 | $(1,600)* | $(149) | $ 497,576 | 497,925 | $1,216* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 244,069 | 12,323,076 | 12,124,626 | — | — | 442,519 | 442,519 | 305 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,942,017 | 24,381,805 | 23,319,370 | — | — | 3,004,452 | 3,004,452 | 1,046* | — | ||||||
Total | $8,435,411 | $52,704,881 | $57,193,996 | $(1,600) | $(149) | $3,944,547 | $2,567 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
U.S. Value Factor ETF | |||||||||||||||
For the six months ended April 30, 2022 | |||||||||||||||
Security Description | Value at October 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at April 30, 2022 | Shares at April 30, 2022 | Dividend Income | Capital Gain Distributions | ||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.37% (a) (b) | $7,298,070 | $34,000,001 | $35,000,000 | $(3,838)* | $1,130 | $6,295,363 | 6,299,773 | $4,609* | $— | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 682,276 | 13,999,735 | 14,169,151 | — | — | 512,860 | 512,860 | 464 | — | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.37% (a) (b) | 1,292,238 | 43,700,782 | 41,958,464 | — | — | 3,034,556 | 3,034,556 | 1,031* | — | ||||||
Total | $9,272,584 | $91,700,518 | $91,127,615 | $(3,838) | $1,130 | $9,842,779 | $6,104 | $— |
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of April 30, 2022. |
* | Amount is included on the Statements of Operations as Income from securities lending (net) (after payments of rebates and Citibank’s fee). |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 301 |
BetaBuilders Canada ETF | BetaBuilders Developed Asia Pacific ex-Japan ETF | BetaBuilders Europe ETF | BetaBuilders International Equity ETF | BetaBuilders Japan ETF | BetaBuilders U.S. Equity ETF | |
Futures Contracts: | ||||||
Average Notional Balance Long | $26,729,186 | $23,223,583 | $60,531,149 | $25,700,964 | $59,352,459 | $4,276,208 |
Ending Notional Balance Long | 30,005,215 | 16,083,169 | 83,770,464 | 31,723,680 | 84,647,428 | 4,337,288 |
BetaBuilders U.S. Mid Cap Equity ETF | BetaBuilders U.S. Small Cap Equity ETF | Carbon Transition U.S. Equity ETF | Emerging Markets Equity ETF | International Equity ETF | U.S. Equity ETF | |
Futures Contracts: | ||||||
Average Notional Balance Long | $7,186,860 | $4,230,057 | $25,905 | $224,347 | $6,160,197 | $1,728,773 |
Ending Notional Balance Long | 4,240,480 | 8,750,930 | 20,636 | 105,610 | 6,185,120 | 413,075 |
U.S. Mid Cap Equity ETF | U.S. Small Cap Equity ETF | U.S. Dividend ETF | U.S. Minimum Volatility ETF | U.S. Momentum Factor ETF | |
Futures Contracts: | |||||
Average Notional Balance Long | $509,879 | $775,269 | $168,237 | $32,384 | $473,687 |
Ending Notional Balance Long | 249,440 | 186,190 | 103,181 | 20,636 | 330,180 |
U.S. Quality Factor ETF | U.S. Value Factor ETF | |
Futures Contracts: | ||
Average Notional Balance Long | $739,589 | $1,212,123 |
Ending Notional Balance Long | 495,270 | 804,814 |
302 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
ActiveBuilders Emerging Markets Equity ETF | 0.33% |
ActiveBuilders International Equity ETF | 0.25 |
BetaBuilders Canada ETF | 0.19 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 0.19 |
BetaBuilders Europe ETF | 0.09 |
BetaBuilders International Equity ETF | 0.07 |
BetaBuilders Japan ETF | 0.19 |
BetaBuilders U.S. Equity ETF | 0.02 |
BetaBuilders U.S. Mid Cap Equity ETF | 0.07 |
BetaBuilders U.S. Small Cap Equity ETF | 0.09 |
Carbon Transition U.S. Equity ETF | 0.15 |
Climate Change Solutions ETF | 0.49 |
Emerging Markets Equity ETF | 0.44 |
International Equity ETF | 0.37 |
U.S. Equity ETF | 0.18 |
U.S. Mid Cap Equity ETF | 0.24 |
U.S. Small Cap Equity ETF | 0.29 |
International Growth ETF | 0.55 |
U.S. Dividend ETF | 0.12 |
U.S. Minimum Volatility ETF | 0.12 |
U.S. Momentum Factor ETF | 0.12 |
U.S. Quality Factor ETF | 0.12 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 303 |
U.S. Value Factor ETF | 0.12 |
304 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Purchases (excluding U.S. Government) | Sales (excluding U.S. Government) | |
ActiveBuilders Emerging Markets Equity ETF | $463,809,079 | $ 48,450,364 |
ActiveBuilders International Equity ETF | 3,830,331 | 3,802,713 |
BetaBuilders Canada ETF | 193,234,877 | 190,982,389 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 475,592,279 | 411,379,688 |
BetaBuilders Europe ETF | 381,813,636 | 367,650,009 |
BetaBuilders International Equity ETF | 97,585,500 | 122,705,658 |
BetaBuilders Japan ETF | 63,575,255 | 222,922,726 |
BetaBuilders U.S. Equity ETF | 21,987,359 | 22,454,743 |
BetaBuilders U.S. Mid Cap Equity ETF | 260,475,489 | 272,246,783 |
BetaBuilders U.S. Small Cap Equity ETF | 69,804,659 | 70,677,497 |
Carbon Transition U.S. Equity ETF | 1,760,646 | 2,292,763 |
Climate Change Solutions ETF | 27,523,014 | 3,387,463 |
Emerging Markets Equity ETF | 40,978,811 | 24,843,300 |
International Equity ETF | 120,662,205 | 127,694,027 |
U.S. Equity ETF | 81,960,801 | 82,930,380 |
U.S. Mid Cap Equity ETF | 30,750,969 | 29,889,306 |
U.S. Small Cap Equity ETF | 25,973,180 | 25,366,248 |
International Growth ETF | 10,296,394 | 9,461,148 |
U.S. Dividend ETF | 5,571,065 | 5,466,474 |
U.S. Minimum Volatility ETF | 1,835,004 | 1,788,189 |
U.S. Momentum Factor ETF | 51,731,145 | 58,736,006 |
U.S. Quality Factor ETF | 44,635,141 | 48,210,506 |
U.S. Value Factor ETF | 63,117,672 | 66,140,385 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 305 |
In-Kind Creations | In-Kind Redemptions | |
ActiveBuilders Emerging Markets Equity ETF | $ 92,425,952 | $ — |
BetaBuilders Canada ETF | 798,890,135 | 13,235,687 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 432,888,920 | — |
BetaBuilders Europe ETF | 2,516,436,211 | 1,117,207,994 |
BetaBuilders International Equity ETF | 22,894,050 | 244,349,517 |
BetaBuilders Japan ETF | 1,003,400,313 | 221,731,268 |
BetaBuilders U.S. Equity ETF | 445,026,687 | 20,086,681 |
BetaBuilders U.S. Mid Cap Equity ETF | 426,025,599 | 332,692,597 |
BetaBuilders U.S. Small Cap Equity ETF | 231,394,937 | 88,585,745 |
Carbon Transition U.S. Equity ETF | 6,007,203 | 5,686,763 |
Climate Change Solutions ETF | 2,129,732 | — |
Emerging Markets Equity ETF | 6,484,624 | — |
International Equity ETF | 30,267,354 | 9,900,953 |
U.S. Equity ETF | 40,089,480 | 183,563,455 |
U.S. Mid Cap Equity ETF | 36,116,456 | 18,204,417 |
U.S. Small Cap Equity ETF | 53,527,128 | 8,434,985 |
International Growth ETF | 15,180,301 | — |
U.S. Dividend ETF | 21,953,823 | 8,115,135 |
U.S. Minimum Volatility ETF | 13,510,613 | 3,648,405 |
U.S. Momentum Factor ETF | 124,792,353 | 56,442,193 |
U.S. Quality Factor ETF | 147,379,713 | 100,590,451 |
U.S. Value Factor ETF | 226,659,457 | 57,676,312 |
306 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Aggregate Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |
ActiveBuilders Emerging Markets Equity ETF | $ 838,576,453 | $ 10,781,495 | $ 123,303,170 | $ (112,521,675) |
ActiveBuilders International Equity ETF | 28,316,294 | 771,578 | 3,911,136 | (3,139,558) |
BetaBuilders Canada ETF | 5,653,586,791 | 1,431,149,314 | 94,911,991 | 1,336,237,323 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 4,189,457,681 | 308,440,243 | 213,021,957 | 95,418,286 |
BetaBuilders Europe ETF | 10,786,349,482 | 316,704,904 | 1,166,039,037 | (849,334,133) |
BetaBuilders International Equity ETF | 2,918,519,267 | 323,694,688 | 238,776,849 | 84,917,839 |
BetaBuilders Japan ETF | 7,938,105,894 | 279,212,228 | 1,175,148,197 | (895,935,969) |
BetaBuilders U.S. Equity ETF | 1,078,652,220 | 79,335,895 | 72,919,314 | 6,416,581 |
BetaBuilders U.S. Mid Cap Equity ETF | 1,627,784,133 | 151,203,688 | 236,782,283 | (85,578,595) |
BetaBuilders U.S. Small Cap Equity ETF | 579,392,516 | 26,163,443 | 100,461,679 | (74,298,236) |
Carbon Transition U.S. Equity ETF | 21,641,600 | 1,902,875 | 1,357,176 | 545,699 |
Climate Change Solutions ETF | 25,003,052 | 316,937 | 4,754,848 | (4,437,911) |
Emerging Markets Equity ETF | 159,387,079 | 29,989,347 | 23,730,855 | 6,258,492 |
International Equity ETF | 802,604,050 | 76,789,864 | 108,855,240 | (32,065,376) |
U.S. Equity ETF | 486,140,848 | 102,488,374 | 20,727,714 | 81,760,660 |
U.S. Mid Cap Equity ETF | 223,099,189 | 40,029,434 | 8,862,600 | 31,166,834 |
U.S. Small Cap Equity ETF | 214,973,476 | 21,909,128 | 20,127,579 | 1,781,549 |
International Growth ETF | 63,470,979 | 3,350,848 | 7,918,406 | (4,567,558) |
U.S. Dividend ETF | 63,881,133 | 4,306,870 | 3,210,271 | 1,096,599 |
U.S. Minimum Volatility ETF | 28,956,931 | 1,923,404 | 1,069,897 | 853,507 |
U.S. Momentum Factor ETF | 258,903,551 | 10,287,548 | 21,116,171 | (10,828,623) |
U.S. Quality Factor ETF | 402,953,038 | 27,032,753 | 23,761,868 | 3,270,885 |
U.S. Value Factor ETF | 574,079,187 | 21,926,073 | 55,760,489 | (33,834,416) |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 307 |
Capital Loss Carryforward Character | ||
Short-Term | Long-Term | |
ActiveBuilders International Equity ETF | $ 68,769 | $ — |
BetaBuilders Canada ETF | 20,845,190 | 86,600,099 |
BetaBuilders Developed Asia Pacific ex-Japan ETF | 18,171,779 | 21,324,799 |
BetaBuilders Europe ETF | 27,609,126 | 59,635,553 |
BetaBuilders International Equity ETF | 4,525,044 | — |
BetaBuilders Japan ETF | 30,273,156 | 32,151,593 |
BetaBuilders U.S. Equity ETF | 2,147,526 | — |
BetaBuilders U.S. Mid Cap Equity ETF | 9,867,052 | — |
BetaBuilders U.S. Small Cap Equity ETF | 5,458,075 | — |
Carbon Transition U.S. Equity ETF | 45,097 | — |
Emerging Markets Equity ETF | 24,533,444 | 5,007,738 |
International Equity ETF | 36,165,399 | 62,789,489 |
U.S. Equity ETF | 20,891,686 | 11,518,882 |
U.S. Mid Cap Equity ETF | 8,423,388 | 4,365,390 |
U.S. Small Cap Equity ETF | 7,633,472 | 3,234,916 |
U.S. Dividend ETF | 978,409 | 1,070,914 |
U.S. Minimum Volatility ETF | 2,963,724 | 528,648 |
U.S. Momentum Factor ETF | 4,832,703 | — |
U.S. Quality Factor ETF | 7,102,747 | 1,383,423 |
U.S. Value Factor ETF | 20,097,834 | 1,606,270 |
Capital Loss Utilized | ||
Short-Term | Long-Term | |
BetaBuilders Canada ETF | $8,268,163 | $ — |
BetaBuilders International Equity ETF | — | 120,369 |
BetaBuilders U.S. Equity ETF | — | 254,472 |
BetaBuilders U.S. Mid Cap Equity ETF | — | 24,134 |
Emerging Markets Equity ETF | 615,867 | 4,743,289 |
International Equity ETF | — | 17,034,366 |
U.S. Equity ETF | 4,231,236 | 6,514,973 |
U.S. Mid Cap Equity ETF | 1,644,600 | 769,407 |
U.S. Small Cap Equity ETF | 223,894 | 1,443,492 |
International Growth ETF | 52,976 | — |
U.S. Dividend ETF | 242,692 | — |
U.S. Minimum Volatility ETF | 148,103 | 180,118 |
U.S. Momentum Factor ETF | — | 1,038,813 |
308 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
JPMorgan SmartRetirement Funds | JPMorgan SmartRetirement Blend Funds | |
ActiveBuilders Emerging Markets Equity ETF | 59.5% | —% |
BetaBuilders International Equity ETF | — | 81.6 |
BetaBuilders U.S. Mid Cap Equity ETF | 57.3 | 36.5 |
BetaBuilders U.S. Small Cap Equity ETF | — | 84.5 |
% of Ownership | |
ActiveBuilders International Equity ETF | 81% |
Carbon Transition U.S. Equity ETF | 75 |
Climate Change Solutions ETF | 87 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 309 |
ActiveBuilders Emerging Markets Equity ETF | ActiveBuilders International Equity ETF | BetaBuilders Canada ETF | BetaBuilders Developed Asia Pacific ex-Japan ETF | BetaBuilders Europe ETF | BetaBuilders International Equity ETF | BetaBuilders Japan ETF | |
Australia | —% | —% | —% | 63.8% | —% | —% | —% |
Canada | — | — | 95.5 | — | — | — | — |
China | 30.9 | — | — | — | — | — | — |
France | — | 11.1 | — | — | 15.3 | — | — |
Germany | — | — | — | — | 11.5 | — | — |
Hong Kong | — | — | — | 19.0 | — | — | — |
India | 11.6 | — | — | — | — | — | — |
Japan | — | 18.5 | — | — | — | 23.6 | 100.0 |
Singapore | — | — | — | 10.1 | — | — | — |
South Korea | 12.8 | — | — | — | — | — | — |
Switzerland | — | 11.3 | — | — | 15.5 | — | — |
Taiwan | 16.5 | — | — | — | — | — | — |
United Kingdom | — | 12.2 | — | — | 19.4 | 12.4 | — |
Emerging Markets Equity ETF | International Equity ETF | International Growth ETF | |
Australia | —% | 10.6% | —% |
China | 23.4 | — | — |
India | 11.2 | — | — |
Japan | — | 28.4 | 11.1 |
Switzerland | — | — | 12.2 |
Taiwan | 11.4 | — | — |
United Kingdom | — | 16.1 | 12.9 |
310 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 311 |
Beginning Account Value November 1, 2021 | Ending Account Value April 30, 2022 | Expenses Paid During the Period | Annualized Expense Ratio | |
JPMorgan ActiveBuilders Emerging Markets Equity ETF | ||||
Actual * | $1,000.00 | $ 808.00 | $1.48 | 0.33% |
Hypothetical * | 1,000.00 | 1,023.16 | 1.66 | 0.33 |
JPMorgan ActiveBuilders International Equity ETF | ||||
Actual * | 1,000.00 | 868.80 | 1.16 | 0.25 |
Hypothetical * | 1,000.00 | 1,023.56 | 1.25 | 0.25 |
JPMorgan BetaBuilders Canada ETF | ||||
Actual * | 1,000.00 | 964.10 | 0.93 | 0.19 |
Hypothetical * | 1,000.00 | 1,023.85 | 0.95 | 0.19 |
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as JPMorgan BetaBuilders Developed Asia ex-Japan ETF) | ||||
Actual * | 1,000.00 | 944.50 | 0.92 | 0.19 |
Hypothetical * | 1,000.00 | 1,023.85 | 0.95 | 0.19 |
JPMorgan BetaBuilders Europe ETF | ||||
Actual * | 1,000.00 | 873.20 | 0.42 | 0.09 |
Hypothetical * | 1,000.00 | 1,024.35 | 0.45 | 0.09 |
JPMorgan BetaBuilders International Equity ETF | ||||
Actual * | 1,000.00 | 873.60 | 0.33 | 0.07 |
Hypothetical * | 1,000.00 | 1,024.45 | 0.35 | 0.07 |
JPMorgan BetaBuilders Japan ETF | ||||
Actual * | 1,000.00 | 838.80 | 0.87 | 0.19 |
Hypothetical * | 1,000.00 | 1,023.85 | 0.95 | 0.19 |
312 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
Beginning Account Value November 1, 2021 | Ending Account Value April 30, 2022 | Expenses Paid During the Period | Annualized Expense Ratio | |
JPMorgan BetaBuilders U.S. Equity ETF | ||||
Actual * | $1,000.00 | $ 888.80 | $0.09 | 0.02% |
Hypothetical * | 1,000.00 | 1,024.70 | 0.10 | 0.02 |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | ||||
Actual * | 1,000.00 | 838.40 | 0.32 | 0.07 |
Hypothetical * | 1,000.00 | 1,024.45 | 0.35 | 0.07 |
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | ||||
Actual * | 1,000.00 | 823.60 | 0.41 | 0.09 |
Hypothetical * | 1,000.00 | 1,024.35 | 0.45 | 0.09 |
JPMorgan Carbon Transition U.S. Equity ETF | ||||
Actual * | 1,000.00 | 896.90 | 0.71 | 0.15 |
Hypothetical * | 1,000.00 | 1,024.05 | 0.75 | 0.15 |
JPMorgan Climate Change Solutions ETF | ||||
Actual ** | 1,000.00 | 787.60 | 1.67 | 0.49 |
Hypothetical * | 1,000.00 | 1,017.17 | 1.88 | 0.49 |
JPMorgan Diversified Return Emerging Markets Equity ETF | ||||
Actual * | 1,000.00 | 951.60 | 2.13 | 0.44 |
Hypothetical * | 1,000.00 | 1,022.61 | 2.21 | 0.44 |
JPMorgan Diversified Return International Equity ETF | ||||
Actual * | 1,000.00 | 906.00 | 1.75 | 0.37 |
Hypothetical * | 1,000.00 | 1,022.96 | 1.86 | 0.37 |
JPMorgan Diversified Return U.S. Equity ETF | ||||
Actual * | 1,000.00 | 988.50 | 0.89 | 0.18 |
Hypothetical * | 1,000.00 | 1,023.90 | 0.90 | 0.18 |
JPMorgan Diversified Return U.S. Mid Cap Equity ETF | ||||
Actual * | 1,000.00 | 963.30 | 1.17 | 0.24 |
Hypothetical * | 1,000.00 | 1,023.60 | 1.20 | 0.24 |
JPMorgan Diversified Return U.S. Small Cap Equity ETF | ||||
Actual * | 1,000.00 | 903.00 | 1.37 | 0.29 |
Hypothetical * | 1,000.00 | 1,023.36 | 1.45 | 0.29 |
JPMorgan International Growth ETF | ||||
Actual * | 1,000.00 | 718.00 | 2.34 | 0.55 |
Hypothetical * | 1,000.00 | 1,022.07 | 2.76 | 0.55 |
JPMorgan U.S. Dividend ETF | ||||
Actual * | 1,000.00 | 1,048.30 | 0.61 | 0.12 |
Hypothetical * | 1,000.00 | 1,024.20 | 0.60 | 0.12 |
JPMorgan U.S. Minimum Volatility ETF | ||||
Actual * | 1,000.00 | 1,019.60 | 0.60 | 0.12 |
Hypothetical * | 1,000.00 | 1,024.20 | 0.60 | 0.12 |
JPMorgan U.S. Momentum Factor ETF | ||||
Actual * | 1,000.00 | 838.30 | 0.55 | 0.12 |
Hypothetical * | 1,000.00 | 1,024.20 | 0.60 | 0.12 |
JPMorgan U.S. Quality Factor ETF | ||||
Actual * | 1,000.00 | 925.10 | 0.57 | 0.12 |
Hypothetical * | 1,000.00 | 1,024.20 | 0.60 | 0.12 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 313 |
Beginning Account Value November 1, 2021 | Ending Account Value April 30, 2022 | Expenses Paid During the Period | Annualized Expense Ratio | |
JPMorgan U.S. Value Factor ETF | ||||
Actual * | $1,000.00 | $ 950.00 | $0.58 | 0.12% |
Hypothetical * | 1,000.00 | 1,024.20 | 0.60 | 0.12 |
* | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
** | Expenses are equal to the Fund’s annualized net expense ratio, multiplied by the average account value over the period, multiplied by 139/365 (to reflect the actual period). The Fund commenced operations on December 13, 2021. |
314 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 315 |
(i) | The background and experience of the Adviser’s senior management and investment personnel; |
(ii) | The qualifications, backgrounds and responsibilities of the portfolio management team to be primarily responsible for the day-to-day management of the Fund; |
(iii) | The investment strategy for the Fund, and the infrastructure supporting the portfolio management team; |
(iv) | Information about the structure and distribution strategy of the Fund and how it fits within the Trust’s other fund offerings; |
(v) | The administration services to be provided by the Adviser under the Management Agreement; |
(vi) | Their knowledge of the nature and quality of the services provided by the Adviser and its affiliates gained from their experience as Trustees of the Trust and in the financial industry generally; |
(vii) | The overall reputation and capabilities of the Adviser and its affiliates; |
(viii) | The commitment of the Adviser to provide high quality service to the Fund; |
(ix) | Their overall confidence in the Adviser’s integrity; |
(x) | The Adviser’s responsiveness to requests for additional information, questions or concerns raised by them; and |
(xi) | The Adviser’s business continuity plan, steps the Adviser and its affiliates would be taking to provide services to the Fund during the COVID-19 pandemic and the Adviser’s and its affiliates’ success in continuing to provide services to the other J.P. Morgan ETFs and their shareholders throughout this period. |
316 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 317 |
(i) | The background and experience of the Adviser’s senior management and investment personnel; |
(ii) | The qualifications, backgrounds and responsibilities of the |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 319 |
portfolio management team primarily responsible for the day-to-day management each of the Funds; |
(iii) | The investment strategy for each Fund, and the infrastructure supporting the portfolio management teams; |
(iv) | Information about the structure and distribution strategy each of the Funds and how it fits within the Trust’s other fund offerings; |
(v) | The administration services provided by the Adviser under the Management Agreements; |
(vi) | Their knowledge of the nature and quality of the services provided by the Adviser and its affiliates gained from their experience as Trustees of the Trust and in the financial industry generally; |
(vii) | The overall reputation and capabilities of the Adviser and its affiliates; |
(viii) | The commitment of the Adviser to provide high quality service to the Funds; |
(ix) | Their overall confidence in the Adviser’s integrity; |
(x) | The Adviser’s responsiveness to requests for additional information, questions or concerns raised by them; and |
(xi) | The Adviser’s business continuity plan and steps the Adviser and its affiliates were taking to provide ongoing services to the Funds during the COVID-19 pandemic, and the Adviser’s and its affiliates’ success in continuing to provide services to the Funds and their shareholders throughout this period. |
320 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 321 |
322 | J.P. Morgan Exchange-Traded Funds | April 30, 2022 |
April 30, 2022 | J.P. Morgan Exchange-Traded Funds | 323 |
© JPMorgan Chase & Co., 2022. All rights reserved. April 2022. | SAN-ETF-422 |
ITEM 2. CODE OF ETHICS.
Disclose whether, as of the end of the period covered by the report, the registrant has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party. If the registrant has not adopted such a code of ethics, explain why it has not done so.
The registrant must briefly describe the nature of any amendment, during the period covered by the report, to a provision of its code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, and that relates to any element of the code of ethics definition enumerated in paragraph (b) of this Item. The registrant must file a copy of any such amendment as an exhibit pursuant to Item 13(a)(1), unless the registrant has elected to satisfy paragraph (f) of this Item by positing its code of ethics on its website pursuant to paragraph (f)(2) of this Item, or by undertaking to provide its code of ethics to any person without charge, upon request, pursuant to paragraph (f)(3) of this Item.
If the registrant has, during the period covered by the report, granted a waiver, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or third party, that relates to one or more items set forth in paragraph (b) of this Item, the registrant must briefly describe the nature of the waiver, the name of the person to whom the waiver was granted, and the date of the waiver.
Not applicable to a semi-annual report.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
(a) (1) Disclose that the registrant’s board of directors has determined that the registrant either:
(i) | Has at least one audit committee financial expert serving on its audit committee; or |
(ii) | Does not have an audit committee financial expert serving on its audit committee. |
(2) If the registrant provides the disclosure required by paragraph (a)(1)(i) of this Item, it must disclose the name of the audit committee financial expert and whether that person is “independent.” In order to be considered “independent” for purposes of this Item, a member of an audit committee may not, other than in his or her capacity as a member of the audit committee, the board of directors, or any other board committee:
(i) | Accept directly or indirectly any consulting, advisory, or other compensatory fee from the issuer; or |
(ii) | Be an “interested person” of the investment company as defined in Section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19)). |
(3) If the registrant provides the disclosure required by paragraph (a)(1)(ii) of this Item, it must explain why it does not have an audit committee financial expert.
Not applicable to a semi-annual report.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Disclose, under the caption Audit Fees, the aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years.
(b) Disclose, under the caption Audit-Related Fees, the aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item. Registrants shall describe the nature of the services comprising the fees disclosed under this category.
(c) Disclose, under the caption Tax Fees, the aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning. Registrants shall describe the nature of the services comprising the fees disclosed under this category.
(d) Disclose, under the caption All Other Fees, the aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item. Registrants shall describe the nature of the services comprising the fees disclosed under this category.
(e) (1) Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7) of Rule 2-01 of Regulation S-X.
(2) Disclose the percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.
(f) If greater than 50 percent, disclose the percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees.
(g) Disclose the aggregate non-audit fees billed by the registrant’s accountant for services rendered to the registrant, and rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant for each of the last two fiscal years of the registrant.
(h) Disclose whether the registrant’s audit committee of the board of directors has considered whether the provision of non-audit services that were rendered to the registrant’s investment adviser (not including any subadviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.
Not applicable to a semi-annual report.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
(a) If the registrant is a listed issuer as defined in Rule 10A-3 under the Exchange Act (17CFR 240.10A-3), state whether or not the registrant has a separately-designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Exchange Act (15 U.S.C. 78c(a)(58)(A)). If the registrant has such a committee, however designated, identify each committee member. If the entire board of directors is acting as the registrant’s audit committee as specified in Section 3(a)(58)(B) of the Exchange Act (15 U.S.C. 78c(a)(58)(B)), so state.
(b) If applicable, provide the disclosure required by Rule 10A-3(d) under the Exchange Act (17CFR 240.10A-3(d)) regarding an exemption from the listing standards for all audit committees.
Not applicable to a semi-annual report.
ITEM 6. SCHEDULE OF INVESTMENTS.
File Schedule I – Investments in securities of unaffiliated issuers as of the close of the reporting period as set forth in Section 210.12-12 of Regulation S-X, unless the schedule is included as part of the report to shareholders filed under Item 1 of this Form.
Included in Item 1.
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 9. PURCHASE OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
Describe any material changes to the procedures by which shareholders may recommend nominees to the registrant`s board of directors, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 7(d)(2)(ii)(G) of Schedule 14A (17 CFR 240.14a-101), or this Item.
No material changes to report.
ITEM 11. CONTROLS AND PROCEDURES.
(a) Disclose the conclusions of the registrant’s principal executive and principal financial officers, or persons performing similar functions, regarding the effectiveness of the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR 270.30a-3(b))and Rules 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b)).
The Registrant’s principal executive and principal financial officers have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant’s disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-CSR is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-CSR is accumulated and communicated to the Registrant’s management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.
(b) Disclose any change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.
There were no changes in the Registrant’s internal control over financial reporting that occurred during the last fiscal quarter covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. EXHIBITS.
(a) File the exhibits listed below as part of this Form. Letter or number the exhibits in the sequence indicated.
(1) Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit.
Not applicable.
(2) A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2).
(3) Any written solicitation to purchase securities under Rule 23c-1 under the Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons.
Not applicable.
(b) A separate or combined certification for each principal executive officer and principal officer of the registrant as required by Rule 30a-2(b) under the Act of 1940.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
J.P. Morgan Exchange-Traded Fund Trust
By: | /s/ Brian S. Shlissel | |
Brian S. Shlissel | ||
President and Principal Executive Officer | ||
July 5, 2022 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Brian S. Shlissel | |
Brian S. Shlissel | ||
President and Principal Executive Officer | ||
July 5, 2022 |
By: | /s/ Timothy J. Clemens | |
Timothy J. Clemens | ||
Treasurer and Principal Financial Officer | ||
July 5, 2022 |