JPMorgan BetaBuilders U.S. Aggregate Bond ETF
Schedule of Portfolio Investments as of November 30, 2023
(Unaudited)
THE “UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS”
LIST (“the List”) IS TO BE USED FOR REPORTING PURPOSES
ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS
ADVERTISING OR SALES LITERATURE WITH THE GENERAL
PUBLIC. The list is submitted for the general information of the
shareholders of the Fund. It is not authorized for distribution to
prospective investors in the Fund unless preceded or accompanied by a
prospectus. The list has been created from the books and records of
the Fund. Holdings are available 60 days after the fund’s fiscal quarter,
using a trade date accounting convention, by contacting the appropriate
service center. The list is subject to change without notice. The list is
for informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
J.P. Morgan Distribution Services, Inc., member FINRA.
|
© J.P. Morgan Chase & Co., 2023.
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Treasury Obligations — 41.3%
|
||
U.S. Treasury Bonds
|
|
|
6.13%, 11/15/2027
|
2,134,000
|
2,266,375
|
5.25%, 11/15/2028
|
2,000,000
|
2,077,344
|
6.13%, 8/15/2029
|
2,100,000
|
2,280,469
|
5.38%, 2/15/2031
|
3,169,000
|
3,363,596
|
4.50%, 2/15/2036
|
3,862,000
|
3,924,758
|
4.75%, 2/15/2037
|
3,811,000
|
3,957,485
|
5.00%, 5/15/2037
|
3,978,000
|
4,218,545
|
4.38%, 2/15/2038
|
4,000,000
|
3,963,750
|
4.50%, 5/15/2038
|
3,747,000
|
3,748,756
|
3.50%, 2/15/2039
|
4,195,000
|
3,712,575
|
4.25%, 5/15/2039
|
4,314,000
|
4,160,988
|
4.50%, 8/15/2039
|
2,015,000
|
1,997,054
|
4.38%, 11/15/2039
|
1,148,000
|
1,118,941
|
4.63%, 2/15/2040
|
2,598,000
|
2,604,495
|
1.13%, 5/15/2040
|
306,000
|
181,401
|
4.38%, 5/15/2040
|
4,256,000
|
4,134,305
|
1.13%, 8/15/2040
|
3,476,000
|
2,042,693
|
3.88%, 8/15/2040
|
3,782,000
|
3,442,211
|
1.38%, 11/15/2040
|
6,944,400
|
4,253,445
|
1.88%, 2/15/2041
|
5,922,000
|
3,943,682
|
4.75%, 2/15/2041
|
1,891,000
|
1,913,456
|
2.25%, 5/15/2041
|
5,423,000
|
3,835,078
|
1.75%, 8/15/2041
|
4,065,000
|
2,615,573
|
2.00%, 11/15/2041
|
3,979,000
|
2,666,552
|
3.13%, 11/15/2041
|
1,536,000
|
1,244,640
|
2.38%, 2/15/2042
|
5,398,000
|
3,845,232
|
3.13%, 2/15/2042
|
1,436,000
|
1,159,346
|
3.00%, 5/15/2042
|
1,559,000
|
1,229,905
|
2.75%, 8/15/2042
|
1,600,000
|
1,209,500
|
3.38%, 8/15/2042
|
3,664,000
|
3,049,135
|
4.00%, 11/15/2042
|
562,000
|
511,069
|
3.13%, 2/15/2043
|
466,000
|
371,562
|
3.88%, 2/15/2043
|
4,338,000
|
3,870,309
|
2.88%, 5/15/2043
|
1,805,000
|
1,379,697
|
3.63%, 8/15/2043
|
808,000
|
693,870
|
4.38%, 8/15/2043
|
2,750,000
|
2,630,547
|
3.75%, 11/15/2043
|
600,000
|
523,875
|
2.50%, 2/15/2045
|
5,166,000
|
3,624,272
|
3.00%, 5/15/2045
|
38,000
|
29,129
|
2.88%, 8/15/2045
|
4,081,000
|
3,052,460
|
2.50%, 5/15/2046
|
4,045,000
|
2,798,634
|
2.25%, 8/15/2046
|
3,399,000
|
2,230,063
|
3.00%, 2/15/2047
|
174,000
|
131,805
|
3.00%, 5/15/2047
|
4,835,000
|
3,658,735
|
2.75%, 8/15/2047
|
422,000
|
304,104
|
2.75%, 11/15/2047
|
3,311,000
|
2,384,437
|
3.13%, 5/15/2048
|
5,020,000
|
3,876,381
|
3.38%, 11/15/2048
|
4,666,000
|
3,770,711
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Treasury Obligations — continued
|
||
2.88%, 5/15/2049
|
4,223,000
|
3,106,544
|
2.25%, 8/15/2049
|
3,980,000
|
2,559,638
|
2.38%, 11/15/2049
|
6,078,000
|
4,020,027
|
2.00%, 2/15/2050
|
5,760,000
|
3,483,000
|
1.25%, 5/15/2050
|
12,884,400
|
6,327,448
|
1.38%, 8/15/2050
|
4,124,000
|
2,096,152
|
1.63%, 11/15/2050
|
11,750,000
|
6,401,914
|
1.88%, 2/15/2051
|
6,689,000
|
3,891,117
|
2.38%, 5/15/2051
|
5,783,000
|
3,799,612
|
2.00%, 8/15/2051
|
6,025,000
|
3,610,293
|
1.88%, 11/15/2051
|
4,100,000
|
2,375,438
|
2.25%, 2/15/2052
|
5,457,000
|
3,477,132
|
2.88%, 5/15/2052
|
3,484,000
|
2,560,740
|
3.00%, 8/15/2052
|
5,413,000
|
4,085,969
|
4.00%, 11/15/2052
|
898,000
|
821,530
|
3.63%, 2/15/2053
|
3,047,000
|
2,601,376
|
3.63%, 5/15/2053
|
1,825,000
|
1,558,949
|
4.13%, 8/15/2053
|
3,276,000
|
3,066,643
|
U.S. Treasury Notes
|
|
|
0.38%, 9/15/2024
|
4,771,000
|
4,591,901
|
1.50%, 9/30/2024
|
122,000
|
118,297
|
0.63%, 10/15/2024
|
1,430,000
|
1,374,085
|
1.50%, 10/31/2024
|
1,533,000
|
1,482,100
|
2.25%, 10/31/2024
|
1,312,000
|
1,277,201
|
2.25%, 11/15/2024
|
524,000
|
509,488
|
1.50%, 11/30/2024
|
1,349,000
|
1,300,415
|
1.00%, 12/15/2024
|
1,512,000
|
1,448,449
|
4.25%, 12/31/2024
|
2,865,000
|
2,837,133
|
1.38%, 1/31/2025
|
2,884,000
|
2,762,669
|
2.50%, 1/31/2025
|
479,000
|
464,986
|
4.13%, 1/31/2025
|
4,273,000
|
4,225,430
|
1.50%, 2/15/2025
|
4,508,000
|
4,319,932
|
2.00%, 2/15/2025
|
3,434,000
|
3,310,725
|
1.13%, 2/28/2025
|
4,568,000
|
4,352,269
|
2.75%, 2/28/2025
|
3,137,000
|
3,049,997
|
4.63%, 2/28/2025
|
4,429,000
|
4,405,298
|
1.75%, 3/15/2025
|
915,000
|
877,757
|
0.50%, 3/31/2025
|
4,691,000
|
4,419,435
|
2.63%, 3/31/2025
|
3,603,000
|
3,492,799
|
3.88%, 3/31/2025
|
3,085,000
|
3,039,689
|
2.63%, 4/15/2025
|
2,632,000
|
2,550,161
|
0.38%, 4/30/2025
|
4,692,000
|
4,399,117
|
2.88%, 4/30/2025
|
4,526,000
|
4,396,408
|
3.88%, 4/30/2025
|
4,467,000
|
4,400,344
|
2.13%, 5/15/2025
|
4,121,000
|
3,958,092
|
2.75%, 5/15/2025
|
4,480,000
|
4,341,925
|
0.25%, 5/31/2025
|
4,718,300
|
4,402,211
|
2.88%, 5/31/2025
|
6,189,000
|
6,009,374
|
4.25%, 5/31/2025
|
4,433,000
|
4,389,709
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Treasury Obligations — continued
|
||
2.88%, 6/15/2025
|
4,483,000
|
4,349,210
|
0.25%, 6/30/2025
|
4,847,000
|
4,507,899
|
2.75%, 6/30/2025
|
2,525,000
|
2,444,516
|
4.63%, 6/30/2025
|
1,606,000
|
1,599,852
|
3.00%, 7/15/2025
|
949,000
|
921,568
|
0.25%, 7/31/2025
|
3,859,000
|
3,577,866
|
2.88%, 7/31/2025
|
3,318,000
|
3,213,664
|
4.75%, 7/31/2025
|
2,458,000
|
2,453,871
|
2.00%, 8/15/2025
|
1,564,000
|
1,492,093
|
0.25%, 8/31/2025
|
3,157,000
|
2,917,635
|
0.25%, 9/30/2025
|
17,171,000
|
15,826,162
|
4.25%, 10/15/2025
|
2,000,000
|
1,981,484
|
0.25%, 10/31/2025
|
16,549,000
|
15,200,515
|
3.00%, 10/31/2025
|
621,000
|
601,545
|
5.00%, 10/31/2025
|
3,795,000
|
3,812,789
|
2.25%, 11/15/2025
|
1,723,000
|
1,643,850
|
0.38%, 11/30/2025
|
4,065,000
|
3,732,496
|
4.00%, 12/15/2025
|
10,000
|
9,866
|
0.38%, 12/31/2025
|
1,939,000
|
1,776,912
|
2.63%, 12/31/2025
|
1,539,000
|
1,476,959
|
0.38%, 1/31/2026
|
15,746,000
|
14,375,606
|
1.63%, 2/15/2026
|
584,000
|
547,637
|
4.00%, 2/15/2026
|
4,505,000
|
4,445,168
|
0.50%, 2/28/2026
|
27,692,000
|
25,288,421
|
2.50%, 2/28/2026
|
3,004,000
|
2,869,055
|
4.63%, 3/15/2026
|
706,000
|
706,276
|
0.75%, 3/31/2026
|
2,845,000
|
2,608,509
|
2.25%, 3/31/2026
|
2,971,000
|
2,818,736
|
3.75%, 4/15/2026
|
4,552,000
|
4,468,072
|
0.75%, 5/31/2026
|
400,000
|
364,531
|
4.50%, 7/15/2026
|
500,000
|
499,727
|
1.50%, 8/15/2026
|
3,478,000
|
3,214,161
|
1.38%, 8/31/2026
|
1,096,000
|
1,008,491
|
0.88%, 9/30/2026
|
4,763,000
|
4,316,097
|
1.63%, 9/30/2026
|
2,943,000
|
2,723,655
|
1.13%, 10/31/2026
|
9,361,000
|
8,516,316
|
1.63%, 10/31/2026
|
3,770,000
|
3,479,003
|
2.00%, 11/15/2026
|
4,605,000
|
4,294,522
|
1.25%, 11/30/2026
|
1,582,000
|
1,440,856
|
1.63%, 11/30/2026
|
2,895,000
|
2,666,793
|
1.25%, 12/31/2026
|
4,713,000
|
4,288,830
|
1.75%, 12/31/2026
|
4,409,000
|
4,074,192
|
1.50%, 1/31/2027
|
4,082,000
|
3,732,798
|
2.25%, 2/15/2027
|
4,606,000
|
4,308,049
|
1.13%, 2/28/2027
|
4,766,000
|
4,297,964
|
1.88%, 2/28/2027
|
4,627,000
|
4,272,384
|
0.63%, 3/31/2027
|
5,036,000
|
4,448,598
|
2.50%, 3/31/2027
|
4,527,000
|
4,261,392
|
0.50%, 4/30/2027
|
4,351,800
|
3,816,325
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Treasury Obligations — continued
|
||
2.75%, 4/30/2027
|
4,499,000
|
4,262,803
|
2.38%, 5/15/2027
|
2,420,000
|
2,263,267
|
0.50%, 5/31/2027
|
1,891,000
|
1,653,591
|
2.63%, 5/31/2027
|
4,534,000
|
4,272,587
|
0.50%, 6/30/2027
|
5,073,000
|
4,423,022
|
3.25%, 6/30/2027
|
4,366,000
|
4,201,593
|
0.38%, 7/31/2027
|
4,437,000
|
3,838,005
|
2.75%, 7/31/2027
|
4,475,000
|
4,226,428
|
2.25%, 8/15/2027
|
4,577,000
|
4,243,380
|
0.50%, 8/31/2027
|
5,077,000
|
4,401,124
|
3.13%, 8/31/2027
|
2,278,000
|
2,178,693
|
0.38%, 9/30/2027
|
4,471,000
|
3,844,361
|
4.13%, 9/30/2027
|
1,323,000
|
1,310,907
|
0.50%, 10/31/2027
|
5,823,000
|
5,016,878
|
4.13%, 10/31/2027
|
750,000
|
743,145
|
2.25%, 11/15/2027
|
4,041,000
|
3,732,874
|
0.63%, 11/30/2027
|
8,731,000
|
7,540,037
|
3.88%, 11/30/2027
|
2,983,000
|
2,928,933
|
0.63%, 12/31/2027
|
4,604,000
|
3,965,914
|
3.88%, 12/31/2027
|
2,449,000
|
2,404,612
|
0.75%, 1/31/2028
|
6,795,000
|
5,867,058
|
3.50%, 1/31/2028
|
4,397,000
|
4,254,441
|
2.75%, 2/15/2028
|
983,000
|
922,100
|
1.13%, 2/29/2028
|
4,529,000
|
3,964,644
|
4.00%, 2/29/2028
|
4,061,000
|
4,006,430
|
1.25%, 3/31/2028
|
4,631,000
|
4,066,235
|
3.63%, 3/31/2028
|
4,396,000
|
4,272,706
|
1.25%, 4/30/2028
|
4,628,000
|
4,055,647
|
3.50%, 4/30/2028
|
4,370,000
|
4,223,537
|
2.88%, 5/15/2028
|
4,355,000
|
4,096,422
|
1.25%, 5/31/2028
|
4,666,000
|
4,078,740
|
3.63%, 5/31/2028
|
4,232,000
|
4,112,644
|
1.25%, 6/30/2028
|
2,490,000
|
2,171,941
|
1.00%, 7/31/2028
|
4,347,000
|
3,738,420
|
2.88%, 8/15/2028
|
4,304,000
|
4,035,673
|
1.13%, 8/31/2028
|
4,074,000
|
3,516,371
|
1.25%, 9/30/2028
|
222,000
|
192,325
|
1.38%, 10/31/2028
|
2,383,000
|
2,072,465
|
4.88%, 10/31/2028
|
3,714,000
|
3,806,850
|
3.13%, 11/15/2028
|
2,140,000
|
2,024,139
|
1.50%, 11/30/2028
|
1,109,000
|
968,729
|
4.38%, 11/30/2028
|
79,000
|
79,327
|
1.38%, 12/31/2028
|
5,721,000
|
4,952,688
|
1.75%, 1/31/2029
|
4,098,000
|
3,610,722
|
2.63%, 2/15/2029
|
3,824,000
|
3,517,781
|
1.88%, 2/28/2029
|
5,034,000
|
4,455,483
|
2.38%, 3/31/2029
|
945,000
|
856,997
|
2.88%, 4/30/2029
|
4,299,000
|
3,995,047
|
2.38%, 5/15/2029
|
4,689,000
|
4,242,446
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Treasury Obligations — continued
|
||
2.75%, 5/31/2029
|
4,576,000
|
4,218,858
|
3.25%, 6/30/2029
|
3,118,000
|
2,947,728
|
2.63%, 7/31/2029
|
4,736,000
|
4,326,410
|
1.63%, 8/15/2029
|
5,982,000
|
5,182,375
|
3.13%, 8/31/2029
|
4,257,000
|
3,990,272
|
3.88%, 9/30/2029
|
3,960,000
|
3,858,525
|
4.00%, 10/31/2029
|
3,995,000
|
3,918,533
|
1.75%, 11/15/2029
|
4,319,000
|
3,750,107
|
3.88%, 11/30/2029
|
4,296,000
|
4,184,908
|
3.88%, 12/31/2029
|
3,712,000
|
3,615,140
|
3.50%, 1/31/2030
|
4,337,000
|
4,135,058
|
1.50%, 2/15/2030
|
6,212,000
|
5,256,905
|
4.00%, 2/28/2030
|
4,153,000
|
4,069,291
|
3.63%, 3/31/2030
|
4,245,000
|
4,071,220
|
3.50%, 4/30/2030
|
4,309,000
|
4,101,966
|
0.63%, 5/15/2030
|
18,817,000
|
14,894,832
|
3.75%, 5/31/2030
|
4,457,000
|
4,301,701
|
3.75%, 6/30/2030
|
2,777,000
|
2,679,805
|
4.00%, 7/31/2030
|
900,000
|
881,156
|
0.63%, 8/15/2030
|
4,969,000
|
3,899,889
|
4.13%, 8/31/2030
|
4,003,000
|
3,947,333
|
4.63%, 9/30/2030
|
2,605,000
|
2,645,703
|
4.88%, 10/31/2030
|
1,000,000
|
1,030,781
|
0.88%, 11/15/2030
|
6,201,000
|
4,929,795
|
4.38%, 11/30/2030
|
2,455,000
|
2,458,069
|
1.13%, 2/15/2031
|
5,084,000
|
4,100,564
|
1.63%, 5/15/2031
|
5,222,000
|
4,331,812
|
1.25%, 8/15/2031
|
5,468,000
|
4,371,837
|
1.38%, 11/15/2031
|
4,941,000
|
3,960,520
|
1.88%, 2/15/2032
|
4,775,000
|
3,964,742
|
2.88%, 5/15/2032
|
4,837,000
|
4,331,382
|
2.75%, 8/15/2032
|
4,483,000
|
3,961,151
|
4.13%, 11/15/2032
|
4,318,000
|
4,241,086
|
3.50%, 2/15/2033
|
4,575,000
|
4,279,055
|
3.38%, 5/15/2033
|
4,050,000
|
3,745,617
|
3.88%, 8/15/2033
|
1,186,000
|
1,141,525
|
4.50%, 11/15/2033
|
888,000
|
899,516
|
Total U.S. Treasury Obligations
(Cost $851,709,366)
|
|
788,282,108
|
Mortgage-Backed Securities — 26.4%
|
||
FHLMC Gold Pools, 15 Year
|
|
|
Pool # J10548, 4.00%, 8/1/2024
|
2,916
|
2,898
|
Pool # J15449, 4.00%, 5/1/2026
|
32,449
|
32,137
|
Pool # G14781, 3.50%, 3/1/2027
|
17,653
|
17,302
|
Pool # G15201, 4.00%, 5/1/2027
|
4,128
|
4,115
|
Pool # J20129, 2.50%, 8/1/2027
|
42,889
|
41,156
|
Pool # G15438, 4.00%, 9/1/2027
|
4,488
|
4,458
|
Pool # G15602, 2.50%, 11/1/2027
|
29,107
|
27,971
|
Pool # E09028, 2.00%, 3/1/2028
|
56,580
|
53,587
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # J23362, 2.00%, 4/1/2028
|
54,289
|
51,377
|
Pool # G18466, 2.00%, 5/1/2028
|
7,825
|
7,400
|
Pool # G18465, 2.50%, 5/1/2028
|
14,656
|
13,986
|
Pool # G15601, 2.50%, 1/1/2029
|
31,335
|
29,903
|
Pool # G14957, 3.50%, 1/1/2029
|
70,887
|
68,823
|
Pool # G16570, 4.00%, 7/1/2029
|
2,503
|
2,495
|
Pool # G18540, 2.50%, 2/1/2030
|
20,789
|
19,512
|
Pool # G18556, 2.50%, 6/1/2030
|
27,486
|
25,742
|
Pool # V60840, 3.00%, 6/1/2030
|
6,908
|
6,596
|
Pool # G16622, 3.00%, 11/1/2030
|
27,764
|
26,509
|
Pool # G16019, 3.50%, 12/1/2030
|
8,068
|
7,899
|
Pool # G16044, 2.50%, 1/1/2032
|
79,019
|
73,876
|
Pool # J36524, 3.00%, 3/1/2032
|
88,531
|
83,459
|
Pool # J36660, 3.00%, 3/1/2032
|
27,524
|
25,947
|
Pool # J38270, 2.50%, 1/1/2033
|
221,834
|
205,195
|
Pool # G16568, 2.50%, 4/1/2033
|
99,568
|
92,102
|
FHLMC Gold Pools, 30 Year
|
|
|
Pool # V81680, 4.50%, 12/1/2034
|
67,123
|
65,212
|
Pool # A30892, 5.00%, 1/1/2035
|
50,734
|
50,912
|
Pool # A39210, 5.50%, 10/1/2035
|
17,530
|
17,820
|
Pool # V83754, 5.50%, 1/1/2036
|
28,849
|
29,360
|
Pool # A82255, 5.50%, 9/1/2036
|
101,050
|
102,715
|
Pool # G03381, 5.50%, 9/1/2037
|
18,554
|
18,860
|
Pool # A89760, 4.50%, 12/1/2039
|
18,184
|
17,598
|
Pool # A92197, 5.00%, 5/1/2040
|
51,663
|
51,564
|
Pool # G06856, 6.00%, 5/1/2040
|
3,457
|
3,574
|
Pool # A93359, 4.00%, 8/1/2040
|
836
|
789
|
Pool # G06222, 4.00%, 1/1/2041
|
181,537
|
170,968
|
Pool # G07794, 5.50%, 6/1/2041
|
8,790
|
8,936
|
Pool # Q03516, 4.50%, 9/1/2041
|
20,043
|
19,394
|
Pool # Q04088, 3.50%, 10/1/2041
|
18,113
|
16,588
|
Pool # Q04688, 4.00%, 11/1/2041
|
2,725
|
2,548
|
Pool # G08477, 3.50%, 2/1/2042
|
6,681
|
6,119
|
Pool # Q06771, 3.00%, 3/1/2042
|
34,298
|
30,369
|
Pool # C03858, 3.50%, 4/1/2042
|
90,306
|
82,703
|
Pool # Q08646, 3.50%, 6/1/2042
|
19,396
|
17,763
|
Pool # G60737, 4.50%, 8/1/2042
|
84,221
|
81,437
|
Pool # Q11220, 3.50%, 9/1/2042
|
76,665
|
70,210
|
Pool # Q13477, 3.00%, 12/1/2042
|
105,751
|
93,214
|
Pool # Q14321, 3.00%, 12/1/2042
|
26,077
|
23,029
|
Pool # C04420, 3.00%, 1/1/2043
|
151,930
|
134,362
|
Pool # Q14694, 3.00%, 1/1/2043
|
1,150,928
|
1,016,913
|
Pool # G61723, 3.50%, 1/1/2043
|
60,772
|
55,657
|
Pool # C09031, 2.50%, 2/1/2043
|
81,796
|
68,818
|
Pool # V80026, 3.00%, 4/1/2043
|
46,427
|
40,961
|
Pool # Q17374, 4.00%, 4/1/2043
|
82,682
|
77,571
|
Pool # G62033, 4.00%, 11/1/2043
|
108,455
|
101,838
|
Pool # Z40090, 4.50%, 9/1/2044
|
24,791
|
23,838
|
Pool # G61769, 4.50%, 12/1/2044
|
59,960
|
58,027
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # G61617, 4.50%, 1/1/2045
|
19,872
|
19,220
|
Pool # G08651, 4.00%, 6/1/2045
|
86,400
|
80,614
|
Pool # G08653, 3.00%, 7/1/2045
|
42,092
|
36,803
|
Pool # Q35223, 4.00%, 8/1/2045
|
10,156
|
9,334
|
Pool # G60238, 3.50%, 10/1/2045
|
606,048
|
549,584
|
Pool # G60506, 3.50%, 4/1/2046
|
34,382
|
31,101
|
Pool # G08710, 3.00%, 6/1/2046
|
28,844
|
25,121
|
Pool # Q41024, 3.00%, 6/1/2046
|
504,111
|
440,001
|
Pool # G08724, 2.50%, 9/1/2046
|
10,800
|
8,971
|
Pool # G61070, 3.00%, 9/1/2046
|
421,018
|
370,737
|
Pool # G61730, 3.00%, 9/1/2046
|
114,251
|
100,759
|
Pool # G61235, 4.50%, 9/1/2046
|
20,050
|
19,278
|
Pool # G08736, 2.50%, 12/1/2046
|
11,320
|
9,379
|
Pool # Q45872, 3.00%, 1/1/2047
|
293,362
|
254,330
|
Pool # G08747, 3.00%, 2/1/2047
|
147,494
|
127,947
|
Pool # G61623, 3.00%, 4/1/2047
|
21,548
|
18,822
|
Pool # G60985, 3.00%, 5/1/2047
|
81,196
|
70,646
|
Pool # G60996, 3.50%, 5/1/2047
|
6,613
|
5,953
|
Pool # Q47884, 4.00%, 5/1/2047
|
19,020
|
17,699
|
Pool # V83233, 4.00%, 6/1/2047
|
82,321
|
76,605
|
Pool # G08775, 4.00%, 8/1/2047
|
27,682
|
25,542
|
Pool # Q50152, 4.00%, 8/1/2047
|
66,427
|
61,784
|
Pool # Q51268, 3.50%, 10/1/2047
|
42,948
|
38,548
|
Pool # G08787, 3.00%, 11/1/2047
|
262,007
|
226,467
|
Pool # G61681, 3.00%, 12/1/2047
|
6,012
|
5,197
|
Pool # Q52866, 3.00%, 12/1/2047
|
22,930
|
19,861
|
Pool # G08793, 4.00%, 12/1/2047
|
26,039
|
24,199
|
Pool # Q53751, 3.50%, 1/1/2048
|
76,997
|
69,059
|
Pool # G08812, 3.00%, 4/1/2048
|
9,424
|
8,147
|
Pool # G61866, 4.00%, 6/1/2048
|
20,974
|
19,671
|
Pool # G61607, 4.50%, 9/1/2048
|
97,550
|
93,182
|
Pool # G08842, 4.00%, 10/1/2048
|
10,750
|
9,969
|
Pool # G61885, 4.50%, 11/1/2048
|
24,225
|
23,130
|
Pool # G08862, 4.00%, 2/1/2049
|
17,580
|
16,326
|
Pool # Q61487, 4.00%, 2/1/2049
|
30,553
|
28,374
|
Pool # G08876, 3.50%, 5/1/2049
|
34,269
|
30,699
|
FHLMC UMBS, 15 Year
|
|
|
Pool # ZS5890, 4.00%, 7/1/2024
|
13,536
|
13,533
|
Pool # ZK2080, 4.00%, 1/1/2025
|
9,396
|
9,354
|
Pool # ZA2587, 4.00%, 9/1/2025
|
2,921
|
2,908
|
Pool # ZK2723, 3.50%, 11/1/2025
|
6,508
|
6,383
|
Pool # ZK3540, 3.00%, 9/1/2026
|
33,641
|
32,674
|
Pool # ZS8460, 3.00%, 4/1/2027
|
10,747
|
10,395
|
Pool # SB0031, 3.50%, 10/1/2027
|
12,677
|
12,434
|
Pool # ZS6674, 2.50%, 4/1/2028
|
243,675
|
232,618
|
Pool # ZS7140, 2.00%, 1/1/2029
|
141,344
|
133,176
|
Pool # ZS7751, 3.00%, 1/1/2029
|
70,752
|
68,143
|
Pool # SB0071, 2.50%, 5/1/2030
|
18,084
|
17,307
|
Pool # ZS7331, 3.00%, 12/1/2030
|
20,150
|
19,213
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # ZS7888, 2.50%, 10/1/2032
|
240,367
|
222,029
|
Pool # ZK9070, 3.00%, 11/1/2032
|
537,254
|
505,751
|
Pool # ZS7938, 2.50%, 1/1/2033
|
55,945
|
51,678
|
Pool # SB0256, 4.00%, 11/1/2033
|
19,511
|
19,425
|
Pool # SB0077, 3.50%, 10/1/2034
|
37,193
|
35,785
|
Pool # QN1148, 2.50%, 12/1/2034
|
58,600
|
53,832
|
Pool # SB8031, 2.50%, 2/1/2035
|
122,875
|
112,875
|
Pool # SB0302, 3.00%, 4/1/2035
|
427,615
|
397,380
|
Pool # QN2407, 2.00%, 6/1/2035
|
115,751
|
102,800
|
Pool # SB8500, 2.50%, 7/1/2035
|
323,041
|
293,660
|
Pool # SB0424, 2.00%, 10/1/2035
|
764,002
|
678,529
|
Pool # RC1712, 1.50%, 12/1/2035
|
1,011,666
|
863,677
|
Pool # SB8090, 2.50%, 2/1/2036
|
864,398
|
787,653
|
Pool # QN6095, 2.00%, 5/1/2036
|
133,568
|
117,799
|
Pool # QN6718, 2.00%, 6/1/2036
|
279,663
|
246,399
|
Pool # QN7057, 2.00%, 7/1/2036
|
159,031
|
140,115
|
Pool # SB8111, 2.00%, 7/1/2036
|
147,929
|
130,463
|
Pool # QN8347, 1.50%, 10/1/2036
|
324,120
|
275,174
|
Pool # SB8127, 1.50%, 11/1/2036
|
324,182
|
275,223
|
Pool # SB0570, 2.00%, 11/1/2036
|
303,028
|
267,241
|
Pool # SB8131, 1.50%, 12/1/2036
|
656,933
|
557,715
|
Pool # SB8136, 1.50%, 1/1/2037
|
416,060
|
353,218
|
Pool # SB8140, 1.50%, 2/1/2037
|
504,524
|
427,988
|
Pool # SB8141, 2.00%, 2/1/2037
|
1,648,345
|
1,439,892
|
Pool # SB8147, 1.50%, 4/1/2037
|
868,528
|
736,755
|
FHLMC UMBS, 20 Year
|
|
|
Pool # ZA2277, 3.00%, 9/1/2032
|
61,905
|
58,054
|
Pool # ZJ9491, 3.50%, 12/1/2032
|
13,941
|
13,201
|
Pool # ZS9164, 3.00%, 9/1/2033
|
382,782
|
354,738
|
Pool # SC0107, 3.50%, 11/1/2034
|
848,015
|
802,969
|
Pool # ZA2463, 3.50%, 6/1/2037
|
26,926
|
25,175
|
Pool # RB5026, 2.50%, 11/1/2039
|
34,022
|
29,424
|
Pool # QK0157, 2.50%, 1/1/2040
|
15,456
|
13,367
|
Pool # RB5032, 2.50%, 2/1/2040
|
27,768
|
24,017
|
Pool # RB5037, 2.50%, 3/1/2040
|
87,991
|
76,103
|
Pool # RB5043, 2.50%, 4/1/2040
|
37,438
|
32,380
|
Pool # RB5048, 2.50%, 5/1/2040
|
80,726
|
69,819
|
Pool # QK0665, 2.00%, 2/1/2041
|
1,046,524
|
871,315
|
Pool # SC0131, 1.50%, 3/1/2041
|
195,445
|
155,098
|
Pool # SC0134, 1.50%, 3/1/2041
|
201,180
|
159,337
|
Pool # RB5142, 2.50%, 1/1/2042
|
419,778
|
354,583
|
Pool # RB5145, 2.00%, 2/1/2042
|
1,494,796
|
1,236,124
|
Pool # RB5154, 2.50%, 4/1/2042
|
893,358
|
755,900
|
Pool # RB5166, 3.00%, 7/1/2042
|
905,890
|
791,511
|
FHLMC UMBS, 30 Year
|
|
|
Pool # ZI3765, 5.50%, 11/1/2035
|
27,910
|
28,331
|
Pool # ZS2546, 5.00%, 2/1/2039
|
14,835
|
14,793
|
Pool # ZJ0449, 4.00%, 9/1/2040
|
18,802
|
17,666
|
Pool # ZL3548, 3.50%, 8/1/2042
|
60,188
|
55,041
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # ZA4209, 3.00%, 4/1/2043
|
714,081
|
629,689
|
Pool # ZS3712, 3.50%, 4/1/2043
|
142,930
|
130,700
|
Pool # ZS4077, 3.50%, 1/1/2044
|
19,427
|
17,428
|
Pool # ZS4592, 4.00%, 11/1/2044
|
128,631
|
120,169
|
Pool # ZS4609, 3.00%, 4/1/2045
|
35,002
|
30,559
|
Pool # ZS9618, 3.50%, 3/1/2046
|
416,494
|
376,891
|
Pool # SD0146, 3.00%, 11/1/2046
|
115,600
|
100,602
|
Pool # ZM2209, 3.50%, 12/1/2046
|
275,324
|
247,147
|
Pool # SD0388, 3.50%, 6/1/2047
|
416,934
|
378,004
|
Pool # ZS4729, 3.00%, 8/1/2047
|
274,289
|
236,871
|
Pool # ZM4635, 4.00%, 11/1/2047
|
383,275
|
355,663
|
Pool # SD0225, 3.00%, 12/1/2047
|
529,773
|
460,263
|
Pool # ZT0534, 3.50%, 12/1/2047
|
272,688
|
245,029
|
Pool # ZS4750, 3.00%, 1/1/2048
|
22,141
|
19,109
|
Pool # SD0343, 3.00%, 3/1/2048
|
719,032
|
628,646
|
Pool # SI2002, 4.00%, 3/1/2048
|
445,194
|
412,989
|
Pool # ZM6887, 3.00%, 5/1/2048
|
41,311
|
35,637
|
Pool # ZM7669, 3.50%, 8/1/2048
|
68,769
|
61,048
|
Pool # ZN4476, 3.50%, 12/1/2048
|
241,686
|
216,300
|
Pool # ZA6286, 4.00%, 2/1/2049
|
116,353
|
107,898
|
Pool # ZT1776, 3.50%, 3/1/2049
|
21,207
|
18,971
|
Pool # ZN5087, 4.00%, 4/1/2049
|
101,149
|
93,799
|
Pool # ZT1864, 4.00%, 4/1/2049
|
2,784
|
2,581
|
Pool # ZT1951, 3.50%, 5/1/2049
|
6,833
|
6,113
|
Pool # ZT1952, 4.00%, 5/1/2049
|
44,616
|
41,373
|
Pool # QA4907, 3.00%, 6/1/2049
|
104,015
|
90,315
|
Pool # ZT2086, 3.50%, 6/1/2049
|
37,967
|
33,955
|
Pool # SD7502, 3.50%, 7/1/2049
|
112,607
|
101,184
|
Pool # SD8001, 3.50%, 7/1/2049
|
13,388
|
11,945
|
Pool # SD7501, 4.00%, 7/1/2049
|
69,498
|
64,449
|
Pool # QA1997, 3.00%, 8/1/2049
|
16,953
|
14,519
|
Pool # RA1202, 3.50%, 8/1/2049
|
370,086
|
330,749
|
Pool # SD8005, 3.50%, 8/1/2049
|
47,031
|
41,967
|
Pool # SD8006, 4.00%, 8/1/2049
|
27,972
|
25,876
|
Pool # SD8023, 2.50%, 11/1/2049
|
7,828
|
6,399
|
Pool # QA4509, 3.00%, 11/1/2049
|
354,441
|
303,563
|
Pool # SD8025, 3.50%, 11/1/2049
|
140,818
|
125,962
|
Pool # SD8029, 2.50%, 12/1/2049
|
148,023
|
121,004
|
Pool # RA1878, 3.50%, 12/1/2049
|
101,300
|
90,174
|
Pool # SD8037, 2.50%, 1/1/2050
|
394,522
|
322,509
|
Pool # QA7416, 3.00%, 2/1/2050
|
361,632
|
309,449
|
Pool # QA7554, 3.00%, 2/1/2050
|
908,297
|
780,706
|
Pool # RA2116, 3.00%, 2/1/2050
|
523,992
|
448,545
|
Pool # SD0303, 2.50%, 4/1/2050
|
670,487
|
551,472
|
Pool # QA9653, 3.50%, 5/1/2050
|
34,553
|
30,908
|
Pool # SD8080, 2.00%, 6/1/2050
|
59,603
|
46,671
|
Pool # QB1691, 2.00%, 7/1/2050
|
794,179
|
621,866
|
Pool # SD8089, 2.50%, 7/1/2050
|
1,584,670
|
1,294,862
|
Pool # SD8083, 2.50%, 8/1/2050
|
1,171,000
|
955,392
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # RA3727, 2.00%, 10/1/2050
|
1,860,562
|
1,456,875
|
Pool # SD8104, 1.50%, 11/1/2050
|
1,194,151
|
882,181
|
Pool # RA4197, 2.50%, 12/1/2050
|
504,184
|
411,238
|
Pool # RA4349, 2.50%, 1/1/2051
|
328,258
|
269,103
|
Pool # QB8583, 1.50%, 2/1/2051
|
1,195,796
|
884,893
|
Pool # RA4530, 2.50%, 2/1/2051
|
511,708
|
415,108
|
Pool # SD8129, 2.50%, 2/1/2051
|
639,406
|
521,211
|
Pool # SD8140, 2.00%, 4/1/2051
|
386,703
|
302,358
|
Pool # SD8142, 3.00%, 4/1/2051
|
999,748
|
848,225
|
Pool # SD8145, 1.50%, 5/1/2051
|
1,017,660
|
752,542
|
Pool # QC2565, 2.00%, 6/1/2051
|
1,736,423
|
1,355,710
|
Pool # QC3259, 2.00%, 6/1/2051
|
329,379
|
257,332
|
Pool # SD8158, 3.50%, 6/1/2051
|
278,940
|
245,848
|
Pool # SD8155, 2.00%, 7/1/2051
|
1,275,965
|
995,147
|
Pool # RA5559, 2.50%, 7/1/2051
|
482,989
|
391,334
|
Pool # SD8156, 2.50%, 7/1/2051
|
600,747
|
487,057
|
Pool # QC5125, 2.00%, 8/1/2051
|
262,435
|
204,600
|
Pool # QC6057, 2.50%, 8/1/2051
|
251,797
|
204,319
|
Pool # SD8163, 3.50%, 8/1/2051
|
114,468
|
100,906
|
Pool # RA5832, 2.50%, 9/1/2051
|
694,165
|
566,612
|
Pool # SD8168, 3.00%, 9/1/2051
|
228,439
|
193,774
|
Pool # SD8172, 2.00%, 10/1/2051
|
790,242
|
615,499
|
Pool # SD0688, 2.50%, 10/1/2051
|
4,247,808
|
3,464,002
|
Pool # SD8173, 2.50%, 10/1/2051
|
1,086,408
|
880,884
|
Pool # RA6507, 2.00%, 12/1/2051
|
1,833,960
|
1,427,779
|
Pool # QD3500, 2.50%, 12/1/2051
|
1,762,496
|
1,442,990
|
Pool # RA6649, 2.00%, 1/1/2052
|
4,640,519
|
3,610,808
|
Pool # RA6694, 2.00%, 1/1/2052
|
449,485
|
349,606
|
Pool # SD0963, 3.50%, 1/1/2052
|
999,601
|
878,642
|
Pool # RA6816, 2.00%, 2/1/2052
|
235,177
|
182,908
|
Pool # SD0897, 2.00%, 2/1/2052
|
921,104
|
722,451
|
Pool # SD8199, 2.00%, 3/1/2052
|
942,992
|
733,749
|
Pool # SD8204, 2.00%, 4/1/2052
|
1,849,541
|
1,437,230
|
Pool # QD9578, 2.50%, 4/1/2052
|
1,479,768
|
1,199,045
|
Pool # QD9765, 2.50%, 4/1/2052
|
1,457,792
|
1,181,536
|
Pool # SD8205, 2.50%, 4/1/2052
|
502,448
|
407,443
|
Pool # SD0945, 3.50%, 4/1/2052
|
1,037,578
|
910,903
|
Pool # SD1461, 3.00%, 5/1/2052
|
937,497
|
796,984
|
Pool # SD8214, 3.50%, 5/1/2052
|
1,094,902
|
960,316
|
Pool # SD1840, 3.00%, 6/1/2052
|
462,611
|
391,494
|
Pool # RA7502, 5.00%, 6/1/2052
|
1,039,142
|
1,000,838
|
Pool # SD1406, 2.00%, 8/1/2052
|
469,158
|
364,794
|
Pool # SD8234, 2.50%, 8/1/2052
|
472,703
|
382,759
|
Pool # RA8112, 4.50%, 10/1/2052
|
1,870,524
|
1,752,574
|
Pool # SD2381, 5.50%, 3/1/2053
|
2,361,199
|
2,335,735
|
Pool # SD2572, 5.50%, 3/1/2053
|
946,360
|
937,764
|
Pool # SD2580, 6.00%, 3/1/2053
|
963,316
|
967,336
|
Pool # RA8736, 6.50%, 3/1/2053
|
922,974
|
939,497
|
Pool # SD2688, 5.50%, 4/1/2053
|
955,571
|
943,156
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # SD2693, 6.50%, 4/1/2053
|
970,745
|
1,002,875
|
Pool # SD8322, 4.50%, 5/1/2053
|
1,453,064
|
1,361,146
|
Pool # SD8324, 5.50%, 5/1/2053
|
711,965
|
701,623
|
Pool # SD8341, 5.00%, 7/1/2053
|
1,941,622
|
1,868,727
|
Pool # RA9469, 6.50%, 7/1/2053
|
2,401,077
|
2,444,064
|
Pool # QG8862, 6.00%, 8/1/2053
|
993,926
|
996,873
|
FNMA UMBS, 15 Year
|
|
|
Pool # AC8711, 4.00%, 12/1/2024
|
62,538
|
62,264
|
Pool # AC7007, 4.50%, 1/1/2025
|
4,570
|
4,588
|
Pool # AL9580, 4.00%, 3/1/2025
|
2,861
|
2,849
|
Pool # 932724, 4.00%, 4/1/2025
|
2,203
|
2,193
|
Pool # AE0971, 4.00%, 5/1/2025
|
4,790
|
4,769
|
Pool # AE0939, 3.50%, 2/1/2026
|
17,732
|
17,360
|
Pool # FM2968, 4.00%, 5/1/2026
|
4,712
|
4,674
|
Pool # AJ6632, 3.00%, 11/1/2026
|
25,324
|
24,551
|
Pool # AJ9357, 3.50%, 1/1/2027
|
50,857
|
49,616
|
Pool # AK4047, 3.00%, 2/1/2027
|
9,829
|
9,518
|
Pool # AL4586, 4.00%, 2/1/2027
|
17,569
|
17,429
|
Pool # AO0527, 3.00%, 5/1/2027
|
13,882
|
13,443
|
Pool # AO4400, 2.50%, 7/1/2027
|
34,034
|
32,593
|
Pool # AB5823, 3.50%, 8/1/2027
|
56,293
|
54,815
|
Pool # AL8138, 4.00%, 9/1/2027
|
9,431
|
9,355
|
Pool # AB6811, 2.50%, 10/1/2027
|
8,949
|
8,553
|
Pool # AQ9442, 2.00%, 12/1/2027
|
19,524
|
18,494
|
Pool # AB8447, 2.50%, 2/1/2028
|
16,163
|
15,430
|
Pool # AR4180, 2.50%, 2/1/2028
|
7,297
|
6,966
|
Pool # AL3802, 3.00%, 2/1/2028
|
44,031
|
42,481
|
Pool # AB8787, 2.00%, 3/1/2028
|
52,116
|
49,328
|
Pool # AP6059, 2.00%, 6/1/2028
|
6,350
|
5,983
|
Pool # BM5381, 3.00%, 6/1/2028
|
49,013
|
47,294
|
Pool # BM1892, 2.50%, 9/1/2028
|
15,062
|
14,403
|
Pool # AS0761, 3.00%, 10/1/2028
|
20,204
|
19,395
|
Pool # AU6961, 3.00%, 10/1/2028
|
39,220
|
37,683
|
Pool # AL6132, 4.50%, 3/1/2029
|
2,766
|
2,768
|
Pool # FM1105, 2.50%, 6/1/2029
|
32,062
|
30,608
|
Pool # AS3345, 2.00%, 7/1/2029
|
10,982
|
10,221
|
Pool # MA2061, 3.00%, 10/1/2029
|
53,164
|
50,955
|
Pool # FM1465, 3.00%, 5/1/2030
|
80,458
|
77,314
|
Pool # 890666, 2.00%, 6/1/2030
|
21,107
|
19,741
|
Pool # MA2684, 3.00%, 7/1/2031
|
98,611
|
92,837
|
Pool # AL9418, 3.50%, 8/1/2031
|
31,443
|
30,528
|
Pool # BD5647, 2.00%, 11/1/2031
|
14,388
|
13,279
|
Pool # 890776, 3.50%, 11/1/2031
|
19,879
|
19,302
|
Pool # BM5490, 3.50%, 11/1/2031
|
12,869
|
12,496
|
Pool # AS8708, 2.50%, 2/1/2032
|
322,869
|
301,417
|
Pool # BM4993, 3.50%, 3/1/2032
|
25,681
|
24,975
|
Pool # BM4741, 3.00%, 4/1/2032
|
8,598
|
8,257
|
Pool # FM1645, 3.00%, 4/1/2032
|
106,772
|
101,771
|
Pool # MA3124, 2.50%, 9/1/2032
|
30,809
|
28,459
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # FM3099, 3.50%, 9/1/2032
|
26,106
|
25,552
|
Pool # CA0775, 2.50%, 11/1/2032
|
22,865
|
21,092
|
Pool # MA3188, 3.00%, 11/1/2032
|
16,697
|
15,800
|
Pool # BH7081, 2.50%, 12/1/2032
|
32,819
|
30,234
|
Pool # BH8720, 3.50%, 12/1/2032
|
30,852
|
29,684
|
Pool # FM1161, 2.50%, 1/1/2033
|
32,662
|
30,354
|
Pool # FM1691, 2.50%, 1/1/2033
|
12,715
|
11,933
|
Pool # FM2549, 2.50%, 1/1/2033
|
70,837
|
66,206
|
Pool # CA9078, 3.00%, 9/1/2033
|
380,698
|
362,988
|
Pool # FM1123, 4.00%, 9/1/2033
|
94,933
|
93,112
|
Pool # FM2153, 4.00%, 11/1/2033
|
46,871
|
46,665
|
Pool # BD9105, 4.00%, 1/1/2034
|
28,987
|
28,191
|
Pool # BM5306, 4.00%, 1/1/2034
|
4,103
|
3,984
|
Pool # FM1733, 3.50%, 5/1/2034
|
553,003
|
532,069
|
Pool # FM1842, 3.50%, 6/1/2034
|
106,500
|
102,901
|
Pool # FM6946, 3.00%, 7/1/2034
|
328,855
|
309,617
|
Pool # BO1822, 3.50%, 7/1/2034
|
58,941
|
56,563
|
Pool # MA3764, 2.50%, 9/1/2034
|
7,523
|
6,911
|
Pool # MA3910, 2.00%, 1/1/2035
|
24,123
|
21,424
|
Pool # FM3569, 3.00%, 1/1/2035
|
101,180
|
95,263
|
Pool # FM7941, 2.50%, 2/1/2035
|
307,073
|
286,704
|
Pool # FM8550, 3.00%, 2/1/2035
|
220,757
|
207,818
|
Pool # FM2708, 3.00%, 3/1/2035
|
48,802
|
46,534
|
Pool # MA4075, 2.50%, 7/1/2035
|
361,580
|
329,471
|
Pool # FM4035, 2.50%, 8/1/2035
|
61,698
|
56,677
|
Pool # MA4099, 2.50%, 8/1/2035
|
914,899
|
833,652
|
Pool # CA7497, 2.50%, 10/1/2035
|
1,081,317
|
985,285
|
Pool # BP7572, 2.50%, 11/1/2035
|
681,541
|
615,536
|
Pool # FM5396, 2.00%, 12/1/2035
|
701,504
|
623,016
|
Pool # BR3349, 1.50%, 1/1/2036
|
1,273,880
|
1,087,865
|
Pool # BR1309, 2.00%, 1/1/2036
|
474,444
|
421,379
|
Pool # FM5537, 2.00%, 1/1/2036
|
541,777
|
481,171
|
Pool # FM5797, 2.00%, 1/1/2036
|
528,151
|
469,082
|
Pool # FM5367, 1.50%, 2/1/2036
|
403,933
|
344,824
|
Pool # MA4261, 2.00%, 2/1/2036
|
588,102
|
518,690
|
Pool # CB0305, 1.50%, 5/1/2036
|
824,024
|
703,433
|
Pool # FM7843, 1.50%, 6/1/2036
|
74,670
|
63,741
|
Pool # BP3507, 2.00%, 6/1/2036
|
148,827
|
131,256
|
Pool # FM8292, 2.00%, 7/1/2036
|
243,731
|
214,955
|
Pool # FS4056, 2.50%, 7/1/2036
|
1,839,125
|
1,661,619
|
Pool # MA4430, 1.00%, 8/1/2036
|
158,899
|
131,569
|
Pool # BT0273, 1.50%, 9/1/2036
|
408,252
|
348,272
|
Pool # MA4417, 1.50%, 9/1/2036
|
317,368
|
269,845
|
Pool # MA4418, 2.00%, 9/1/2036
|
152,412
|
134,371
|
Pool # MA4441, 1.50%, 10/1/2036
|
444,694
|
377,666
|
Pool # BT9452, 1.50%, 11/1/2036
|
161,694
|
137,264
|
Pool # FM9247, 2.00%, 11/1/2036
|
327,560
|
286,047
|
Pool # MA4497, 2.00%, 12/1/2036
|
2,268,257
|
1,981,523
|
Pool # MA4516, 2.00%, 1/1/2037
|
486,034
|
424,587
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # BV7189, 2.00%, 3/1/2037
|
839,934
|
733,693
|
Pool # MA4581, 1.50%, 4/1/2037
|
862,534
|
731,887
|
Pool # MA4582, 2.00%, 4/1/2037
|
1,113,320
|
972,511
|
Pool # FS2037, 1.50%, 5/1/2037
|
871,069
|
739,426
|
Pool # FS3117, 2.50%, 5/1/2037
|
1,760,580
|
1,588,548
|
Pool # FS4274, 3.00%, 5/1/2037
|
1,834,887
|
1,692,900
|
Pool # MA4604, 3.00%, 5/1/2037
|
821,058
|
756,518
|
Pool # FS4059, 1.50%, 8/1/2037
|
2,311,954
|
1,962,609
|
Pool # FS4794, 2.00%, 8/1/2037
|
4,702,628
|
4,107,832
|
Pool # FS4756, 2.50%, 8/1/2037
|
1,880,769
|
1,696,978
|
Pool # MA4724, 3.00%, 9/1/2037
|
881,254
|
811,982
|
Pool # MA4861, 3.50%, 1/1/2038
|
1,796,064
|
1,692,469
|
Pool # MA4944, 4.50%, 3/1/2038
|
437,993
|
427,048
|
FNMA UMBS, 20 Year
|
|
|
Pool # AE6799, 4.50%, 11/1/2030
|
1,712
|
1,675
|
Pool # MA0885, 3.50%, 10/1/2031
|
23,562
|
22,312
|
Pool # AB4853, 3.00%, 4/1/2032
|
23,957
|
22,233
|
Pool # MA1058, 3.00%, 5/1/2032
|
10,755
|
9,981
|
Pool # MA1165, 3.00%, 9/1/2032
|
59,640
|
55,347
|
Pool # MA2079, 4.00%, 11/1/2034
|
12,018
|
11,541
|
Pool # AL7654, 3.00%, 9/1/2035
|
54,178
|
49,798
|
Pool # MA2472, 3.00%, 12/1/2035
|
10,807
|
9,902
|
Pool # FM1133, 4.00%, 6/1/2036
|
25,426
|
24,417
|
Pool # BM3089, 4.00%, 8/1/2037
|
449,889
|
430,901
|
Pool # MA3099, 4.00%, 8/1/2037
|
78,223
|
74,921
|
Pool # BM5330, 2.50%, 12/1/2037
|
34,950
|
31,027
|
Pool # FM3204, 4.00%, 10/1/2038
|
29,603
|
28,353
|
Pool # FS3933, 4.00%, 3/1/2040
|
92,302
|
87,194
|
Pool # MA4072, 2.50%, 7/1/2040
|
134,802
|
116,480
|
Pool # MA4128, 2.00%, 9/1/2040
|
1,261,520
|
1,052,924
|
Pool # MA4204, 2.00%, 12/1/2040
|
787,119
|
656,943
|
Pool # CA9019, 2.00%, 2/1/2041
|
337,919
|
281,979
|
Pool # MA4310, 1.50%, 4/1/2041
|
722,369
|
569,965
|
Pool # MA4333, 2.00%, 5/1/2041
|
474,994
|
392,911
|
Pool # MA4422, 2.00%, 9/1/2041
|
370,461
|
306,376
|
Pool # MA4446, 2.00%, 10/1/2041
|
372,965
|
308,433
|
Pool # FS0316, 1.50%, 11/1/2041
|
618,332
|
486,899
|
Pool # MA4474, 2.00%, 11/1/2041
|
472,631
|
393,195
|
Pool # MA4519, 1.50%, 1/1/2042
|
483,703
|
380,883
|
Pool # MA4521, 2.50%, 1/1/2042
|
509,778
|
432,445
|
Pool # BV7697, 2.50%, 4/1/2042
|
907,924
|
768,226
|
Pool # MA4587, 2.50%, 4/1/2042
|
418,857
|
351,870
|
Pool # MA4632, 3.00%, 6/1/2042
|
1,088,048
|
951,438
|
FNMA UMBS, 30 Year
|
|
|
Pool # 254447, 6.00%, 9/1/2032
|
18,878
|
19,311
|
Pool # 711215, 5.50%, 6/1/2033
|
16,188
|
16,431
|
Pool # AA1005, 5.00%, 12/1/2033
|
11,291
|
11,314
|
Pool # 725232, 5.00%, 3/1/2034
|
8,713
|
8,731
|
Pool # 725228, 6.00%, 3/1/2034
|
44,788
|
45,999
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # 790003, 6.00%, 8/1/2034
|
13,124
|
13,511
|
Pool # 735503, 6.00%, 4/1/2035
|
32,590
|
33,578
|
Pool # 190360, 5.00%, 8/1/2035
|
24,266
|
24,316
|
Pool # 904601, 6.00%, 11/1/2036
|
35,440
|
36,590
|
Pool # 888538, 5.50%, 1/1/2037
|
18,345
|
18,622
|
Pool # AB0284, 6.00%, 2/1/2037
|
32,690
|
33,750
|
Pool # AL2627, 5.00%, 7/1/2037
|
15,964
|
15,996
|
Pool # 956965, 6.50%, 12/1/2037
|
11,611
|
11,952
|
Pool # BH7907, 6.50%, 12/1/2037
|
17,530
|
18,566
|
Pool # 961793, 5.00%, 3/1/2038
|
63,675
|
63,702
|
Pool # 985661, 5.50%, 6/1/2038
|
12,640
|
12,831
|
Pool # AU7519, 3.50%, 9/1/2038
|
9,324
|
8,527
|
Pool # AA7402, 4.50%, 6/1/2039
|
98,771
|
95,373
|
Pool # AC2638, 5.00%, 10/1/2039
|
120,195
|
119,850
|
Pool # AL0100, 6.00%, 10/1/2039
|
46,795
|
48,314
|
Pool # AC4886, 5.00%, 11/1/2039
|
22,340
|
22,276
|
Pool # 190399, 5.50%, 11/1/2039
|
72,656
|
73,754
|
Pool # AB1143, 4.50%, 6/1/2040
|
75,604
|
73,058
|
Pool # AD6938, 4.50%, 6/1/2040
|
112,644
|
108,851
|
Pool # AD5479, 5.00%, 6/1/2040
|
22,799
|
22,720
|
Pool # AB1259, 5.00%, 7/1/2040
|
25,209
|
25,136
|
Pool # AB1292, 5.00%, 8/1/2040
|
13,524
|
13,455
|
Pool # AL5437, 5.00%, 8/1/2040
|
76,106
|
75,629
|
Pool # AB1421, 5.00%, 9/1/2040
|
36,695
|
36,563
|
Pool # AE4142, 5.00%, 9/1/2040
|
30,742
|
30,195
|
Pool # AE3857, 5.00%, 10/1/2040
|
527,196
|
525,412
|
Pool # AE8289, 4.00%, 12/1/2040
|
81,848
|
76,971
|
Pool # MA0622, 3.50%, 1/1/2041
|
28,638
|
26,190
|
Pool # AH2312, 5.00%, 1/1/2041
|
67,058
|
66,610
|
Pool # AE0828, 3.50%, 2/1/2041
|
15,970
|
14,605
|
Pool # AH3804, 4.00%, 2/1/2041
|
18,457
|
17,357
|
Pool # MA0639, 4.00%, 2/1/2041
|
28,535
|
26,817
|
Pool # AB2676, 3.50%, 4/1/2041
|
99,094
|
90,620
|
Pool # AL0241, 4.00%, 4/1/2041
|
57,691
|
54,193
|
Pool # AI1887, 4.50%, 5/1/2041
|
230,974
|
223,237
|
Pool # BM3118, 6.00%, 7/1/2041
|
72,939
|
75,288
|
Pool # AJ2293, 4.00%, 9/1/2041
|
15,734
|
14,761
|
Pool # AL0933, 5.00%, 10/1/2041
|
73,903
|
73,334
|
Pool # AW8154, 3.50%, 1/1/2042
|
18,904
|
17,287
|
Pool # AX5318, 4.50%, 1/1/2042
|
63,197
|
61,067
|
Pool # BD4480, 4.50%, 1/1/2042
|
341,085
|
329,598
|
Pool # AL1998, 4.00%, 3/1/2042
|
89,330
|
83,822
|
Pool # AO4134, 3.50%, 6/1/2042
|
11,370
|
10,398
|
Pool # AO8694, 4.50%, 7/1/2042
|
34,905
|
33,556
|
Pool # AP4258, 3.00%, 8/1/2042
|
79,907
|
70,464
|
Pool # AB6632, 3.50%, 10/1/2042
|
111,438
|
101,908
|
Pool # AB6633, 3.50%, 10/1/2042
|
21,205
|
19,295
|
Pool # AL3344, 4.50%, 10/1/2042
|
125,574
|
121,278
|
Pool # AB6828, 3.50%, 11/1/2042
|
100,434
|
91,845
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # AL3182, 3.50%, 12/1/2042
|
17,855
|
16,328
|
Pool # AQ9316, 2.50%, 1/1/2043
|
50,893
|
42,754
|
Pool # AB7580, 3.00%, 1/1/2043
|
115,314
|
101,544
|
Pool # AQ1104, 3.00%, 1/1/2043
|
27,825
|
24,375
|
Pool # AR0168, 3.00%, 2/1/2043
|
46,574
|
41,108
|
Pool # AB7964, 3.50%, 2/1/2043
|
62,280
|
56,912
|
Pool # AR2271, 3.50%, 2/1/2043
|
257,149
|
234,029
|
Pool # BM4751, 3.50%, 3/1/2043
|
29,254
|
26,815
|
Pool # AB8742, 4.00%, 3/1/2043
|
12,782
|
11,988
|
Pool # AR6770, 4.00%, 3/1/2043
|
15,280
|
14,315
|
Pool # AT2015, 3.00%, 4/1/2043
|
31,292
|
27,554
|
Pool # AT2016, 3.00%, 4/1/2043
|
470,539
|
414,340
|
Pool # AB9194, 3.50%, 5/1/2043
|
108,482
|
98,593
|
Pool # FM4462, 3.50%, 5/1/2043
|
749,725
|
685,591
|
Pool # AU1629, 3.00%, 7/1/2043
|
73,321
|
64,503
|
Pool # BM3785, 3.50%, 7/1/2043
|
114,247
|
104,262
|
Pool # AS0241, 4.00%, 8/1/2043
|
751,656
|
699,289
|
Pool # BM3704, 3.00%, 9/1/2043
|
31,983
|
28,165
|
Pool # AT2612, 3.50%, 9/1/2043
|
73,595
|
67,050
|
Pool # AU4256, 3.50%, 9/1/2043
|
20,764
|
18,832
|
Pool # AU4283, 3.50%, 9/1/2043
|
17,462
|
15,881
|
Pool # AL4062, 4.00%, 9/1/2043
|
26,989
|
25,271
|
Pool # BM4635, 2.50%, 10/1/2043
|
145,761
|
122,453
|
Pool # AS1121, 4.00%, 11/1/2043
|
26,762
|
25,051
|
Pool # AV0022, 4.00%, 11/1/2043
|
424,646
|
397,482
|
Pool # AL7696, 3.00%, 12/1/2043
|
51,503
|
45,374
|
Pool # AV6103, 4.00%, 1/1/2044
|
155,077
|
145,156
|
Pool # BC1737, 4.00%, 1/1/2044
|
59,788
|
56,480
|
Pool # BM5365, 4.00%, 3/1/2044
|
63,119
|
59,360
|
Pool # FM1744, 3.50%, 5/1/2044
|
28,876
|
26,406
|
Pool # AS2700, 4.00%, 6/1/2044
|
36,350
|
34,024
|
Pool # AW6233, 4.50%, 6/1/2044
|
1,617,220
|
1,541,278
|
Pool # AS2947, 4.00%, 7/1/2044
|
36,042
|
33,736
|
Pool # AL9072, 5.00%, 7/1/2044
|
62,987
|
63,435
|
Pool # AL9569, 5.00%, 8/1/2044
|
93,410
|
92,892
|
Pool # AX0152, 4.50%, 9/1/2044
|
22,741
|
21,852
|
Pool # BM4620, 3.00%, 10/1/2044
|
80,034
|
70,613
|
Pool # AS3867, 4.00%, 11/1/2044
|
9,659
|
9,031
|
Pool # FM1746, 3.50%, 1/1/2045
|
87,693
|
80,193
|
Pool # FM0015, 4.00%, 2/1/2045
|
91,900
|
86,182
|
Pool # MA2193, 4.50%, 2/1/2045
|
10,403
|
9,988
|
Pool # FM3414, 4.00%, 3/1/2045
|
576,639
|
537,037
|
Pool # BM3398, 3.50%, 4/1/2045
|
13,207
|
12,053
|
Pool # CA2709, 4.00%, 9/1/2045
|
1,155,766
|
1,083,139
|
Pool # AS5851, 4.50%, 9/1/2045
|
10,536
|
10,115
|
Pool # AS6184, 3.50%, 11/1/2045
|
123,136
|
111,322
|
Pool # BA0315, 3.50%, 11/1/2045
|
415,388
|
374,454
|
Pool # FM1869, 4.00%, 11/1/2045
|
59,155
|
55,289
|
Pool # BM4833, 3.00%, 12/1/2045
|
518,898
|
453,120
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # FM1708, 3.00%, 12/1/2045
|
36,683
|
32,394
|
Pool # BC0066, 3.50%, 12/1/2045
|
27,908
|
25,098
|
Pool # FM3413, 4.00%, 1/1/2046
|
71,951
|
67,350
|
Pool # FM2323, 4.00%, 2/1/2046
|
36,872
|
34,600
|
Pool # AL9128, 4.50%, 2/1/2046
|
17,773
|
17,114
|
Pool # AS6811, 3.00%, 3/1/2046
|
26,331
|
22,965
|
Pool # BM4834, 3.00%, 3/1/2046
|
27,033
|
23,817
|
Pool # FM1782, 4.00%, 3/1/2046
|
11,553
|
10,814
|
Pool # FM2195, 4.00%, 3/1/2046
|
27,387
|
25,688
|
Pool # AS7003, 3.00%, 4/1/2046
|
33,883
|
29,488
|
Pool # AS7198, 4.50%, 5/1/2046
|
92,050
|
88,378
|
Pool # BD0166, 2.50%, 6/1/2046
|
110,816
|
91,998
|
Pool # BM5168, 2.50%, 6/1/2046
|
23,399
|
19,657
|
Pool # BC6105, 3.50%, 6/1/2046
|
926,749
|
832,175
|
Pool # FM1780, 4.00%, 7/1/2046
|
643,308
|
601,898
|
Pool # AS7660, 2.50%, 8/1/2046
|
214,391
|
177,976
|
Pool # MA2730, 2.50%, 8/1/2046
|
29,874
|
24,747
|
Pool # FM3810, 3.00%, 10/1/2046
|
97,126
|
85,161
|
Pool # AL9385, 3.00%, 11/1/2046
|
46,673
|
40,479
|
Pool # MA2806, 3.00%, 11/1/2046
|
144,167
|
125,112
|
Pool # BM3288, 3.50%, 12/1/2046
|
20,213
|
18,208
|
Pool # BM4990, 2.50%, 1/1/2047
|
11,250
|
9,451
|
Pool # FM2807, 3.00%, 1/1/2047
|
75,488
|
65,909
|
Pool # 890856, 3.50%, 1/1/2047
|
119,666
|
107,719
|
Pool # FM3374, 3.50%, 1/1/2047
|
137,377
|
125,629
|
Pool # FM0041, 3.00%, 2/1/2047
|
574,732
|
498,834
|
Pool # BM5955, 4.00%, 2/1/2047
|
32,580
|
30,485
|
Pool # BM5270, 4.50%, 2/1/2047
|
14,911
|
14,409
|
Pool # BM4350, 3.00%, 3/1/2047
|
712,923
|
620,035
|
Pool # MA2920, 3.00%, 3/1/2047
|
7,195
|
6,189
|
Pool # FM3107, 3.50%, 3/1/2047
|
236,544
|
213,582
|
Pool # AS9313, 4.00%, 3/1/2047
|
15,286
|
14,203
|
Pool # FM4735, 3.00%, 4/1/2047
|
151,313
|
129,897
|
Pool # FM6073, 4.00%, 4/1/2047
|
1,083,333
|
1,002,845
|
Pool # AS9480, 4.50%, 4/1/2047
|
25,488
|
24,463
|
Pool # FM1772, 4.50%, 5/1/2047
|
14,088
|
13,613
|
Pool # BD0667, 4.50%, 6/1/2047
|
365,231
|
346,542
|
Pool # AS9937, 3.00%, 7/1/2047
|
547,322
|
473,539
|
Pool # AS9946, 3.50%, 7/1/2047
|
40,766
|
36,597
|
Pool # BM1568, 3.50%, 7/1/2047
|
62,118
|
56,305
|
Pool # BH7375, 3.50%, 8/1/2047
|
43,960
|
39,474
|
Pool # CA0148, 4.50%, 8/1/2047
|
9,987
|
9,510
|
Pool # CA0850, 3.00%, 9/1/2047
|
32,089
|
27,702
|
Pool # MA3147, 3.00%, 10/1/2047
|
37,026
|
31,962
|
Pool # BM2003, 4.00%, 10/1/2047
|
145,026
|
134,766
|
Pool # BH9392, 3.50%, 11/1/2047
|
12,268
|
10,990
|
Pool # CA0681, 3.50%, 11/1/2047
|
202,608
|
182,864
|
Pool # MA3182, 3.50%, 11/1/2047
|
936,794
|
839,635
|
Pool # FM0028, 3.00%, 12/1/2047
|
43,376
|
37,944
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA3209, 3.00%, 12/1/2047
|
257,199
|
222,016
|
Pool # FM1420, 3.50%, 12/1/2047
|
195,860
|
177,375
|
Pool # CA4015, 3.00%, 1/1/2048
|
8,630
|
7,445
|
Pool # BJ6154, 3.50%, 1/1/2048
|
158,267
|
141,840
|
Pool # MA3238, 3.50%, 1/1/2048
|
45,170
|
40,458
|
Pool # BJ5910, 3.50%, 2/1/2048
|
191,340
|
173,500
|
Pool # MA3305, 3.50%, 3/1/2048
|
721,614
|
645,068
|
Pool # FM3494, 2.50%, 4/1/2048
|
10,518
|
8,732
|
Pool # CA2687, 3.00%, 5/1/2048
|
20,688
|
17,911
|
Pool # BM4054, 4.00%, 5/1/2048
|
87,543
|
81,653
|
Pool # MA3425, 3.00%, 6/1/2048
|
30,674
|
26,479
|
Pool # BM4757, 3.50%, 7/1/2048
|
35,612
|
32,156
|
Pool # FM3438, 3.00%, 8/1/2048
|
637,877
|
553,309
|
Pool # BM2007, 4.00%, 9/1/2048
|
3,954
|
3,666
|
Pool # CA2368, 4.00%, 9/1/2048
|
25,652
|
23,788
|
Pool # MA3472, 5.00%, 9/1/2048
|
8,222
|
8,056
|
Pool # CA4655, 3.50%, 10/1/2048
|
83,825
|
75,232
|
Pool # MA3495, 4.00%, 10/1/2048
|
25,922
|
24,039
|
Pool # CA2432, 4.50%, 10/1/2048
|
46,785
|
44,604
|
Pool # FM7895, 3.50%, 11/1/2048
|
249,978
|
225,608
|
Pool # FM1248, 4.50%, 11/1/2048
|
14,981
|
14,310
|
Pool # CA2797, 4.50%, 12/1/2048
|
567,560
|
541,106
|
Pool # FM0030, 3.00%, 2/1/2049
|
47,356
|
41,123
|
Pool # FM6237, 3.50%, 4/1/2049
|
518,002
|
466,165
|
Pool # MA3637, 3.50%, 4/1/2049
|
16,085
|
14,390
|
Pool # MA3638, 4.00%, 4/1/2049
|
15,258
|
14,150
|
Pool # BN5418, 4.50%, 4/1/2049
|
17,509
|
16,697
|
Pool # MA3663, 3.50%, 5/1/2049
|
918,537
|
819,189
|
Pool # MA3664, 4.00%, 5/1/2049
|
7,544
|
6,981
|
Pool # FM4074, 4.50%, 5/1/2049
|
260,274
|
248,124
|
Pool # CA4358, 3.50%, 7/1/2049
|
15,791
|
14,110
|
Pool # MA3692, 3.50%, 7/1/2049
|
922,834
|
822,916
|
Pool # FM1672, 4.50%, 7/1/2049
|
746,294
|
720,408
|
Pool # MA3745, 3.50%, 8/1/2049
|
75,101
|
67,124
|
Pool # MA3746, 4.00%, 8/1/2049
|
11,315
|
10,452
|
Pool # FM1385, 5.00%, 8/1/2049
|
331,911
|
326,116
|
Pool # BO4012, 3.00%, 9/1/2049
|
107,183
|
91,770
|
Pool # FM1449, 3.50%, 9/1/2049
|
130,766
|
116,850
|
Pool # FM4430, 3.50%, 9/1/2049
|
510,248
|
456,480
|
Pool # FM3572, 4.50%, 9/1/2049
|
71,845
|
68,513
|
Pool # MA3803, 3.50%, 10/1/2049
|
36,366
|
32,481
|
Pool # MA3833, 2.50%, 11/1/2049
|
861,375
|
705,963
|
Pool # BK0350, 3.00%, 11/1/2049
|
777,343
|
668,171
|
Pool # MA3834, 3.00%, 11/1/2049
|
481,255
|
412,109
|
Pool # MA3870, 2.50%, 12/1/2049
|
185,559
|
151,735
|
Pool # FM2363, 3.00%, 1/1/2050
|
1,489,420
|
1,280,192
|
Pool # MA3905, 3.00%, 1/1/2050
|
808,528
|
690,856
|
Pool # CA5021, 3.50%, 1/1/2050
|
34,268
|
30,496
|
Pool # FM5922, 3.50%, 1/1/2050
|
346,710
|
310,725
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA3906, 3.50%, 1/1/2050
|
33,787
|
30,149
|
Pool # CA5135, 2.50%, 2/1/2050
|
139,229
|
114,950
|
Pool # MA3936, 2.50%, 2/1/2050
|
136,010
|
111,217
|
Pool # MA3937, 3.00%, 2/1/2050
|
939,858
|
804,428
|
Pool # FM2733, 2.50%, 3/1/2050
|
93,747
|
76,658
|
Pool # FM4883, 2.50%, 3/1/2050
|
1,934,690
|
1,582,040
|
Pool # FM4372, 3.50%, 3/1/2050
|
467,725
|
418,018
|
Pool # BP2403, 3.50%, 4/1/2050
|
252,060
|
222,697
|
Pool # BP5001, 2.50%, 5/1/2050
|
544,758
|
444,775
|
Pool # FM3257, 3.00%, 5/1/2050
|
223,350
|
192,650
|
Pool # BK2753, 2.50%, 7/1/2050
|
874,356
|
713,887
|
Pool # MA4078, 2.50%, 7/1/2050
|
333,106
|
272,141
|
Pool # FS2252, 3.00%, 7/1/2050
|
874,396
|
758,474
|
Pool # BP6626, 2.00%, 8/1/2050
|
2,250,240
|
1,762,554
|
Pool # MA4100, 2.00%, 8/1/2050
|
1,053,720
|
821,545
|
Pool # BP9500, 2.50%, 8/1/2050
|
85,708
|
69,943
|
Pool # BQ0723, 3.50%, 8/1/2050
|
1,266,168
|
1,125,398
|
Pool # FM5750, 4.00%, 8/1/2050
|
306,750
|
281,716
|
Pool # MA4119, 2.00%, 9/1/2050
|
142,091
|
111,128
|
Pool # BK3044, 2.50%, 9/1/2050
|
727,952
|
593,446
|
Pool # BP6702, 2.50%, 9/1/2050
|
554,993
|
453,631
|
Pool # FM8260, 4.00%, 9/1/2050
|
512,773
|
476,190
|
Pool # MA4158, 2.00%, 10/1/2050
|
1,659,365
|
1,299,732
|
Pool # MA4159, 2.50%, 10/1/2050
|
551,482
|
449,357
|
Pool # MA4182, 2.00%, 11/1/2050
|
1,739,143
|
1,363,019
|
Pool # CA7603, 2.50%, 11/1/2050
|
300,139
|
244,865
|
Pool # MA4183, 2.50%, 11/1/2050
|
2,469,669
|
2,014,483
|
Pool # CA8005, 1.50%, 12/1/2050
|
162,870
|
120,629
|
Pool # CA8222, 1.50%, 12/1/2050
|
294,101
|
217,750
|
Pool # MA4209, 1.50%, 12/1/2050
|
1,237,146
|
914,006
|
Pool # BQ5160, 2.00%, 12/1/2050
|
2,520,602
|
1,974,063
|
Pool # FM5849, 2.00%, 12/1/2050
|
871,927
|
681,733
|
Pool # MA4208, 2.00%, 12/1/2050
|
447,348
|
350,634
|
Pool # BR2807, 2.50%, 12/1/2050
|
1,241,534
|
1,015,208
|
Pool # MA4210, 2.50%, 12/1/2050
|
1,379,856
|
1,124,328
|
Pool # FM5597, 2.00%, 1/1/2051
|
215,416
|
168,689
|
Pool # FM6241, 2.00%, 1/1/2051
|
3,614,232
|
2,829,456
|
Pool # FM5854, 2.50%, 1/1/2051
|
169,051
|
138,583
|
Pool # MA4254, 1.50%, 2/1/2051
|
330,961
|
245,042
|
Pool # CA9190, 2.00%, 2/1/2051
|
167,407
|
130,815
|
Pool # FM6037, 2.00%, 2/1/2051
|
123,393
|
97,109
|
Pool # FM6126, 2.00%, 2/1/2051
|
205,928
|
161,248
|
Pool # MA4255, 2.00%, 2/1/2051
|
4,505,620
|
3,529,089
|
Pool # BR3515, 2.50%, 2/1/2051
|
160,978
|
131,018
|
Pool # FM6244, 2.00%, 3/1/2051
|
797,740
|
626,046
|
Pool # MA4281, 2.00%, 3/1/2051
|
247,554
|
193,489
|
Pool # FM6523, 2.50%, 3/1/2051
|
284,324
|
231,905
|
Pool # FM6764, 2.50%, 3/1/2051
|
827,699
|
671,354
|
Pool # FM6537, 2.00%, 4/1/2051
|
2,738,824
|
2,171,189
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA4306, 2.50%, 4/1/2051
|
238,931
|
194,080
|
Pool # FM7099, 3.00%, 4/1/2051
|
753,312
|
647,570
|
Pool # MA4343, 1.50%, 5/1/2051
|
386,841
|
286,218
|
Pool # MA4325, 2.00%, 5/1/2051
|
2,232,989
|
1,742,101
|
Pool # FM7066, 2.50%, 5/1/2051
|
753,702
|
627,606
|
Pool # MA4326, 2.50%, 5/1/2051
|
1,615,186
|
1,311,476
|
Pool # MA4354, 1.50%, 6/1/2051
|
498,638
|
368,543
|
Pool # MA4355, 2.00%, 6/1/2051
|
420,405
|
328,110
|
Pool # CB0727, 2.50%, 6/1/2051
|
1,373,139
|
1,118,714
|
Pool # FM7418, 2.50%, 6/1/2051
|
853,803
|
700,092
|
Pool # MA4356, 2.50%, 6/1/2051
|
4,278,908
|
3,467,693
|
Pool # MA4377, 1.50%, 7/1/2051
|
572,803
|
423,207
|
Pool # FM8194, 2.00%, 7/1/2051
|
357,349
|
279,420
|
Pool # MA4378, 2.00%, 7/1/2051
|
2,039,233
|
1,590,952
|
Pool # CB1027, 2.50%, 7/1/2051
|
258,161
|
209,403
|
Pool # MA4379, 2.50%, 7/1/2051
|
3,907,739
|
3,171,699
|
Pool # CB1150, 3.00%, 7/1/2051
|
478,737
|
405,055
|
Pool # MA4380, 3.00%, 7/1/2051
|
208,253
|
176,918
|
Pool # FM8278, 3.50%, 7/1/2051
|
369,063
|
325,576
|
Pool # BT9030, 2.00%, 8/1/2051
|
180,146
|
140,399
|
Pool # MA4398, 2.00%, 8/1/2051
|
2,054,378
|
1,602,179
|
Pool # BR2236, 2.50%, 8/1/2051
|
253,445
|
205,576
|
Pool # BR2237, 2.50%, 8/1/2051
|
498,636
|
404,637
|
Pool # BR2258, 2.50%, 8/1/2051
|
165,566
|
134,380
|
Pool # CB1276, 2.50%, 8/1/2051
|
725,229
|
588,144
|
Pool # MA4399, 2.50%, 8/1/2051
|
2,329,662
|
1,890,450
|
Pool # MA4401, 3.50%, 8/1/2051
|
125,153
|
110,411
|
Pool # BT0240, 2.00%, 9/1/2051
|
174,903
|
136,218
|
Pool # FM8730, 2.00%, 9/1/2051
|
948,656
|
739,007
|
Pool # MA4413, 2.00%, 9/1/2051
|
740,956
|
577,650
|
Pool # MA4414, 2.50%, 9/1/2051
|
2,112,261
|
1,713,644
|
Pool # MA4436, 1.50%, 10/1/2051
|
968,782
|
714,520
|
Pool # MA4437, 2.00%, 10/1/2051
|
1,227,678
|
956,327
|
Pool # MA4438, 2.50%, 10/1/2051
|
504,538
|
409,242
|
Pool # CB1917, 3.00%, 10/1/2051
|
1,849,444
|
1,572,218
|
Pool # MA4464, 1.50%, 11/1/2051
|
544,389
|
401,509
|
Pool # MA4465, 2.00%, 11/1/2051
|
1,719,354
|
1,338,880
|
Pool # CB2364, 2.00%, 12/1/2051
|
4,625,576
|
3,594,529
|
Pool # MA4492, 2.00%, 12/1/2051
|
3,112,952
|
2,422,329
|
Pool # FM9868, 2.50%, 12/1/2051
|
520,666
|
426,282
|
Pool # FM9870, 2.50%, 12/1/2051
|
530,877
|
432,912
|
Pool # MA4493, 2.50%, 12/1/2051
|
870,131
|
705,528
|
Pool # MA4511, 2.00%, 1/1/2052
|
1,774,775
|
1,380,724
|
Pool # MA4512, 2.50%, 1/1/2052
|
928,415
|
752,834
|
Pool # MA4513, 3.00%, 1/1/2052
|
2,343,861
|
1,986,022
|
Pool # CB2773, 2.00%, 2/1/2052
|
1,846,670
|
1,435,040
|
Pool # CB2850, 2.00%, 2/1/2052
|
231,062
|
179,554
|
Pool # FS2040, 2.00%, 2/1/2052
|
734,332
|
571,795
|
Pool # MA4547, 2.00%, 2/1/2052
|
8,669,902
|
6,744,983
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # FS3091, 2.50%, 2/1/2052
|
936,394
|
763,788
|
Pool # MA4548, 2.50%, 2/1/2052
|
938,539
|
761,172
|
Pool # BV4248, 2.00%, 3/1/2052
|
896,407
|
704,841
|
Pool # CB3040, 2.00%, 3/1/2052
|
4,664,904
|
3,625,252
|
Pool # MA4562, 2.00%, 3/1/2052
|
3,363,567
|
2,618,128
|
Pool # CB3050, 2.50%, 3/1/2052
|
4,689,371
|
3,802,709
|
Pool # FS2099, 1.50%, 4/1/2052
|
184,745
|
136,448
|
Pool # FS1598, 2.00%, 4/1/2052
|
4,620,567
|
3,593,362
|
Pool # MA4577, 2.00%, 4/1/2052
|
1,488,255
|
1,156,890
|
Pool # MA4578, 2.50%, 4/1/2052
|
4,428,825
|
3,589,946
|
Pool # FS1538, 3.00%, 4/1/2052
|
473,340
|
400,727
|
Pool # MA4579, 3.00%, 4/1/2052
|
1,026,920
|
867,779
|
Pool # MA4597, 2.00%, 5/1/2052
|
5,303,818
|
4,126,293
|
Pool # MA4598, 2.50%, 5/1/2052
|
1,577,509
|
1,279,542
|
Pool # MA4599, 3.00%, 5/1/2052
|
480,868
|
405,932
|
Pool # CB3608, 3.50%, 5/1/2052
|
187,026
|
164,184
|
Pool # MA4600, 3.50%, 5/1/2052
|
2,161,848
|
1,897,706
|
Pool # MA4622, 2.00%, 6/1/2052
|
4,736,272
|
3,681,989
|
Pool # CB4209, 3.50%, 7/1/2052
|
938,953
|
823,686
|
Pool # MA4654, 3.50%, 7/1/2052
|
465,990
|
409,081
|
Pool # MA4743, 2.50%, 8/1/2052
|
1,682,816
|
1,364,269
|
Pool # MA4698, 3.00%, 8/1/2052
|
3,778,970
|
3,187,839
|
Pool # MA4699, 3.50%, 8/1/2052
|
1,937,267
|
1,699,714
|
Pool # MA4700, 4.00%, 8/1/2052
|
2,848,287
|
2,586,602
|
Pool # MA4701, 4.50%, 8/1/2052
|
952,827
|
892,790
|
Pool # FS2619, 5.00%, 8/1/2052
|
933,606
|
900,023
|
Pool # MA4732, 4.00%, 9/1/2052
|
477,058
|
433,290
|
Pool # MA4733, 4.50%, 9/1/2052
|
1,433,790
|
1,343,366
|
Pool # MA4761, 5.00%, 9/1/2052
|
945,989
|
911,961
|
Pool # MA4783, 4.00%, 10/1/2052
|
963,465
|
875,073
|
Pool # MA4784, 4.50%, 10/1/2052
|
1,911,116
|
1,790,740
|
Pool # MA4803, 3.50%, 11/1/2052
|
973,424
|
853,935
|
Pool # MA4805, 4.50%, 11/1/2052
|
5,845,254
|
5,477,180
|
Pool # MA4838, 3.50%, 12/1/2052
|
1,916,002
|
1,680,810
|
Pool # MA4839, 4.00%, 12/1/2052
|
3,367,541
|
3,058,258
|
Pool # MA4840, 4.50%, 12/1/2052
|
949,637
|
889,905
|
Pool # FS3455, 5.00%, 12/1/2052
|
920,237
|
890,966
|
Pool # MA4866, 4.00%, 1/1/2053
|
959,457
|
871,336
|
Pool # MA4868, 5.00%, 1/1/2053
|
761,321
|
732,791
|
Pool # MA4869, 5.50%, 1/1/2053
|
1,422,620
|
1,404,174
|
Pool # MA4894, 6.00%, 1/1/2053
|
913,647
|
916,953
|
Pool # MA4933, 3.50%, 2/1/2053
|
1,266,584
|
1,111,106
|
Pool # MA4918, 5.00%, 2/1/2053
|
4,750,854
|
4,572,785
|
Pool # CB5600, 5.50%, 2/1/2053
|
946,524
|
935,351
|
Pool # MA4919, 5.50%, 2/1/2053
|
1,944,909
|
1,916,912
|
Pool # CB5704, 6.00%, 2/1/2053
|
1,901,977
|
1,920,789
|
Pool # MA4920, 6.00%, 2/1/2053
|
2,490,017
|
2,501,477
|
Pool # MA4962, 4.00%, 3/1/2053
|
1,949,440
|
1,770,386
|
Pool # CB5906, 5.50%, 3/1/2053
|
283,113
|
279,190
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA4943, 6.50%, 3/1/2053
|
1,019,417
|
1,035,662
|
Pool # MA4964, 7.00%, 3/1/2053
|
428,594
|
439,892
|
Pool # MA4978, 5.00%, 4/1/2053
|
955,829
|
920,156
|
Pool # MA4979, 5.50%, 4/1/2053
|
939,760
|
926,702
|
Pool # MA5009, 5.00%, 5/1/2053
|
2,422,997
|
2,332,030
|
Pool # MA5038, 5.00%, 6/1/2053
|
1,933,556
|
1,862,477
|
Pool # FS4932, 6.00%, 6/1/2053
|
969,029
|
972,282
|
Pool # MA5070, 4.50%, 7/1/2053
|
977,723
|
915,888
|
Pool # MA5071, 5.00%, 7/1/2053
|
1,951,607
|
1,878,403
|
Pool # MA5072, 5.50%, 7/1/2053
|
2,880,905
|
2,840,243
|
Pool # BY6889, 5.50%, 8/1/2053
|
4,912,418
|
4,841,055
|
Pool # MA5138, 5.50%, 9/1/2053
|
1,959,334
|
1,930,871
|
Pool # MA5166, 6.00%, 10/1/2053
|
3,894,532
|
3,906,079
|
FNMA/FHLMC UMBS, Single Family, 15 Year
|
|
|
TBA, 1.50%, 12/25/2038 (a)
|
50,000
|
42,412
|
TBA, 2.00%, 12/25/2038 (a)
|
50,000
|
43,662
|
TBA, 2.50%, 12/25/2038 (a)
|
50,000
|
44,944
|
TBA, 3.00%, 12/25/2038 (a)
|
50,000
|
46,062
|
FNMA/FHLMC UMBS, Single Family, 30 Year
|
|
|
TBA, 1.50%, 12/25/2053 (a)
|
527,000
|
388,168
|
TBA, 2.00%, 12/25/2053 (a)
|
3,195,000
|
2,480,868
|
TBA, 2.50%, 12/25/2053 (a)
|
10,380,000
|
8,402,934
|
TBA, 3.00%, 12/25/2053 (a)
|
14,417,000
|
12,149,894
|
TBA, 3.50%, 12/25/2053 (a)
|
6,385,000
|
5,598,198
|
TBA, 4.00%, 12/25/2053 (a)
|
7,997,000
|
7,259,620
|
TBA, 4.50%, 12/25/2053 (a)
|
1,000,000
|
936,283
|
TBA, 5.00%, 12/25/2053 (a)
|
50,000
|
48,113
|
TBA, 5.50%, 12/25/2053 (a)
|
50,000
|
49,265
|
TBA, 6.00%, 12/25/2053 (a)
|
50,000
|
50,139
|
GNMA I, 30 Year
|
|
|
Pool # 704155, 5.50%, 1/15/2039
|
15,730
|
15,598
|
Pool # 726769, 5.00%, 9/15/2039
|
12,578
|
12,378
|
Pool # 721340, 5.00%, 12/15/2039
|
45,611
|
45,000
|
Pool # 754439, 3.50%, 12/15/2041
|
94,417
|
85,972
|
Pool # 711674, 3.00%, 9/15/2042
|
43,499
|
38,229
|
Pool # 783748, 3.50%, 4/15/2043
|
59,341
|
54,066
|
Pool # 784660, 4.00%, 4/15/2043
|
5,099
|
4,785
|
Pool # AC2224, 3.50%, 6/15/2043
|
40,762
|
37,104
|
Pool # 785088, 3.50%, 7/15/2043
|
49,223
|
44,587
|
Pool # AJ4151, 4.00%, 9/15/2044
|
186,076
|
173,391
|
Pool # AL9314, 3.00%, 3/15/2045
|
36,326
|
31,391
|
Pool # 784664, 4.00%, 4/15/2045
|
19,443
|
18,243
|
Pool # AO0544, 3.00%, 8/15/2045
|
21,418
|
18,504
|
Pool # 627030, 3.00%, 12/15/2045
|
21,411
|
18,498
|
Pool # 784429, 3.00%, 8/15/2046
|
72,934
|
64,073
|
Pool # 784652, 4.00%, 11/15/2047
|
397,632
|
369,270
|
Pool # 784766, 3.50%, 3/15/2048
|
474,783
|
428,072
|
GNMA II, 15 Year
|
|
|
Pool # MA0513, 2.50%, 11/20/2027
|
40,062
|
38,358
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA4625, 3.50%, 8/20/2032
|
18,583
|
17,710
|
Pool # MA6906, 2.50%, 10/20/2035
|
329,564
|
299,895
|
GNMA II, 30 Year
|
|
|
Pool # 711773, 3.50%, 6/20/2033
|
43,382
|
38,805
|
Pool # 3459, 5.50%, 10/20/2033
|
40,353
|
41,250
|
Pool # AQ5932, 3.50%, 1/20/2036
|
66,591
|
59,552
|
Pool # 4222, 6.00%, 8/20/2038
|
7,812
|
8,178
|
Pool # 709148, 4.50%, 2/20/2039
|
27,438
|
26,157
|
Pool # 4446, 4.50%, 5/20/2039
|
2,390
|
2,322
|
Pool # 4467, 4.00%, 6/20/2039
|
11,080
|
10,496
|
Pool # 4468, 4.50%, 6/20/2039
|
2,125
|
2,065
|
Pool # 4494, 4.00%, 7/20/2039
|
12,093
|
11,456
|
Pool # 4495, 4.50%, 7/20/2039
|
9,211
|
8,952
|
Pool # 4519, 4.50%, 8/20/2039
|
3,435
|
3,338
|
Pool # 4558, 4.50%, 10/20/2039
|
2,886
|
2,805
|
Pool # 4576, 4.00%, 11/20/2039
|
5,462
|
5,174
|
Pool # 4598, 4.50%, 12/20/2039
|
5,758
|
5,593
|
Pool # 4617, 4.50%, 1/20/2040
|
3,107
|
3,018
|
Pool # 4636, 4.50%, 2/20/2040
|
4,479
|
4,350
|
Pool # 4656, 4.00%, 3/20/2040
|
8,858
|
8,394
|
Pool # 4677, 4.00%, 4/20/2040
|
23,902
|
22,650
|
Pool # 4678, 4.50%, 4/20/2040
|
1,088
|
1,056
|
Pool # 4695, 4.00%, 5/20/2040
|
2,718
|
2,574
|
Pool # 4696, 4.50%, 5/20/2040
|
1,083
|
1,052
|
Pool # 4712, 4.00%, 6/20/2040
|
4,196
|
3,975
|
Pool # 4800, 4.00%, 9/20/2040
|
4,327
|
4,099
|
Pool # 737727, 4.00%, 12/20/2040
|
38,076
|
35,791
|
Pool # 4945, 4.00%, 2/20/2041
|
9,284
|
8,794
|
Pool # 759342, 4.50%, 2/20/2041
|
197,359
|
189,311
|
Pool # 4950, 5.50%, 2/20/2041
|
17,343
|
17,816
|
Pool # 4976, 3.50%, 3/20/2041
|
11,040
|
10,062
|
Pool # 4977, 4.00%, 3/20/2041
|
17,081
|
16,180
|
Pool # 5016, 4.00%, 4/20/2041
|
6,626
|
6,277
|
Pool # 5054, 4.00%, 5/20/2041
|
10,387
|
9,840
|
Pool # 5114, 4.00%, 7/20/2041
|
1,369
|
1,297
|
Pool # 779497, 3.50%, 10/20/2041
|
7,483
|
6,737
|
Pool # 5233, 4.00%, 11/20/2041
|
1,679
|
1,590
|
Pool # 5258, 3.50%, 12/20/2041
|
102,181
|
93,152
|
Pool # 5259, 4.00%, 12/20/2041
|
6,454
|
6,114
|
Pool # 5279, 3.50%, 1/20/2042
|
19,040
|
17,359
|
Pool # 5330, 3.00%, 3/20/2042
|
12,561
|
11,076
|
Pool # 754406, 3.50%, 5/20/2042
|
50,067
|
44,973
|
Pool # MA0220, 3.50%, 7/20/2042
|
7,983
|
7,284
|
Pool # MA0318, 3.50%, 8/20/2042
|
111,575
|
101,806
|
Pool # MA0391, 3.00%, 9/20/2042
|
465,409
|
410,502
|
Pool # 796468, 4.00%, 9/20/2042
|
16,841
|
15,938
|
Pool # AA6040, 3.00%, 1/20/2043
|
87,647
|
76,056
|
Pool # AD1584, 3.00%, 1/20/2043
|
107,676
|
93,211
|
Pool # AD2125, 3.50%, 1/20/2043
|
75,376
|
69,166
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # AA6054, 3.00%, 2/20/2043
|
168,475
|
146,510
|
Pool # AD1744, 3.00%, 2/20/2043
|
14,130
|
12,573
|
Pool # 783755, 3.00%, 4/20/2043
|
112,451
|
99,183
|
Pool # 783976, 3.50%, 4/20/2043
|
18,560
|
16,708
|
Pool # MA1012, 3.50%, 5/20/2043
|
95,467
|
87,184
|
Pool # MA1157, 3.50%, 7/20/2043
|
18,875
|
17,239
|
Pool # MA1284, 3.00%, 9/20/2043
|
15,019
|
13,247
|
Pool # 785065, 3.50%, 10/20/2043
|
196,805
|
175,957
|
Pool # MA1376, 4.00%, 10/20/2043
|
88,378
|
83,714
|
Pool # AI7106, 4.00%, 6/20/2044
|
29,250
|
27,611
|
Pool # 784026, 3.50%, 12/20/2044
|
175,519
|
160,116
|
Pool # MA2678, 3.50%, 3/20/2045
|
116,807
|
106,102
|
Pool # MA2679, 4.00%, 3/20/2045
|
40,635
|
38,490
|
Pool # MA2753, 3.00%, 4/20/2045
|
59,773
|
52,719
|
Pool # 626942, 3.00%, 5/20/2045
|
139,639
|
119,091
|
Pool # MA2825, 3.00%, 5/20/2045
|
151,375
|
133,505
|
Pool # MA2829, 5.00%, 5/20/2045
|
21,559
|
21,622
|
Pool # 784800, 3.00%, 6/20/2045
|
30,237
|
26,200
|
Pool # AM9881, 3.00%, 6/20/2045
|
14,432
|
12,548
|
Pool # MA3247, 5.00%, 11/20/2045
|
19,099
|
19,096
|
Pool # AO9442, 3.50%, 12/20/2045
|
16,141
|
14,661
|
Pool # 784119, 3.00%, 2/20/2046
|
131,562
|
115,864
|
Pool # MA3458, 5.50%, 2/20/2046
|
28,282
|
29,054
|
Pool # MA3520, 3.00%, 3/20/2046
|
353,839
|
310,238
|
Pool # MA3735, 3.00%, 6/20/2046
|
242,041
|
212,926
|
Pool # AT7138, 3.50%, 6/20/2046
|
252,351
|
225,763
|
Pool # MA3935, 2.50%, 9/20/2046
|
64,809
|
55,082
|
Pool # 784768, 3.00%, 9/20/2046
|
69,220
|
60,899
|
Pool # AT8215, 3.00%, 9/20/2046
|
20,567
|
17,912
|
Pool # MA4002, 2.50%, 10/20/2046
|
352,482
|
299,138
|
Pool # AW0199, 3.00%, 10/20/2046
|
48,866
|
42,548
|
Pool # MA4068, 3.00%, 11/20/2046
|
10,258
|
9,013
|
Pool # MA4072, 5.00%, 11/20/2046
|
22,586
|
22,694
|
Pool # MA4125, 2.50%, 12/20/2046
|
324,320
|
275,666
|
Pool # MA4126, 3.00%, 12/20/2046
|
48,362
|
42,532
|
Pool # MA4260, 2.50%, 2/20/2047
|
56,524
|
48,039
|
Pool # AZ3119, 3.50%, 3/20/2047
|
29,625
|
26,484
|
Pool # AZ7084, 3.50%, 4/20/2047
|
72,777
|
65,566
|
Pool # MA4511, 4.00%, 6/20/2047
|
148,248
|
138,778
|
Pool # BA5041, 5.00%, 6/20/2047
|
94,484
|
93,263
|
Pool # MA4584, 2.50%, 7/20/2047
|
78,133
|
66,425
|
Pool # MA4718, 3.00%, 9/20/2047
|
6,612
|
5,796
|
Pool # MA4721, 4.50%, 9/20/2047
|
28,027
|
26,980
|
Pool # MA4836, 3.00%, 11/20/2047
|
321,456
|
281,981
|
Pool # BC2742, 3.50%, 11/20/2047
|
629,273
|
560,202
|
Pool # BD6940, 3.50%, 12/20/2047
|
140
|
124
|
Pool # MA4900, 3.50%, 12/20/2047
|
77,858
|
70,455
|
Pool # MA5019, 3.50%, 2/20/2048
|
203,236
|
183,858
|
Pool # MA5077, 3.50%, 3/20/2048
|
30,220
|
27,342
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA5138, 4.50%, 4/20/2048
|
11,850
|
11,367
|
Pool # 785033, 3.50%, 5/20/2048
|
193,726
|
179,955
|
Pool # MA5194, 5.00%, 5/20/2048
|
72,920
|
71,919
|
Pool # MA5329, 3.50%, 7/20/2048
|
7,206
|
6,520
|
Pool # MA5468, 5.00%, 9/20/2048
|
5,554
|
5,466
|
Pool # MA5527, 3.50%, 10/20/2048
|
26,590
|
24,050
|
Pool # MA5595, 4.00%, 11/20/2048
|
33,163
|
30,969
|
Pool # BJ6759, 4.50%, 11/20/2048
|
240,790
|
229,368
|
Pool # MA5650, 3.50%, 12/20/2048
|
10,939
|
9,898
|
Pool # MA5651, 4.00%, 12/20/2048
|
158,423
|
147,935
|
Pool # MA5709, 3.50%, 1/20/2049
|
76,148
|
68,955
|
Pool # BI6473, 4.00%, 1/20/2049
|
698,385
|
656,914
|
Pool # BJ9901, 3.00%, 2/20/2049
|
54,820
|
47,527
|
Pool # MA5930, 3.50%, 5/20/2049
|
9,720
|
8,787
|
Pool # MA5983, 2.50%, 6/20/2049
|
112,002
|
95,187
|
Pool # MA5985, 3.50%, 6/20/2049
|
39,168
|
35,406
|
Pool # MA5987, 4.50%, 6/20/2049
|
34,596
|
33,020
|
Pool # MA5988, 5.00%, 6/20/2049
|
6,359
|
6,252
|
Pool # MA6039, 3.50%, 7/20/2049
|
65,614
|
59,313
|
Pool # BM5450, 4.50%, 7/20/2049
|
60,729
|
57,598
|
Pool # MA6220, 4.00%, 10/20/2049
|
170,343
|
158,285
|
Pool # BR4627, 3.00%, 11/20/2049
|
468,090
|
406,705
|
Pool # MA6283, 3.00%, 11/20/2049
|
474,608
|
414,512
|
Pool # 785067, 3.50%, 12/20/2049
|
384,820
|
339,239
|
Pool # MA6478, 5.00%, 2/20/2050
|
22,283
|
21,994
|
Pool # MA6542, 3.50%, 3/20/2050
|
216,547
|
195,753
|
Pool # MA6545, 5.00%, 3/20/2050
|
24,983
|
24,665
|
Pool # BV1348, 2.50%, 6/20/2050
|
47,131
|
37,908
|
Pool # MA6709, 2.50%, 6/20/2050
|
653,484
|
548,718
|
Pool # MA6818, 2.00%, 8/20/2050
|
1,230,549
|
993,990
|
Pool # BY8818, 2.00%, 10/20/2050
|
447,647
|
359,157
|
Pool # 785401, 2.50%, 10/20/2050
|
708,709
|
577,261
|
Pool # MA6994, 2.00%, 11/20/2050
|
1,352,481
|
1,092,495
|
Pool # BY8832, 2.50%, 11/20/2050
|
414,438
|
337,963
|
Pool # MA7051, 2.00%, 12/20/2050
|
2,100,184
|
1,696,430
|
Pool # CA4485, 2.50%, 12/20/2050
|
535,047
|
433,474
|
Pool # MA7052, 2.50%, 12/20/2050
|
857,350
|
717,687
|
Pool # MA7055, 4.00%, 12/20/2050
|
217,728
|
203,562
|
Pool # MA7135, 2.00%, 1/20/2051
|
2,401,626
|
1,940,811
|
Pool # MA7192, 2.00%, 2/20/2051
|
715,441
|
578,061
|
Pool # MA7254, 2.00%, 3/20/2051
|
1,041,181
|
841,098
|
Pool # MA7311, 2.00%, 4/20/2051
|
2,464,912
|
1,991,241
|
Pool # 785449, 3.00%, 4/20/2051
|
276,548
|
239,944
|
Pool # MA7367, 2.50%, 5/20/2051
|
1,412,252
|
1,180,782
|
Pool # MA7368, 3.00%, 5/20/2051
|
430,786
|
373,916
|
Pool # MA7417, 2.00%, 6/20/2051
|
2,860,366
|
2,310,426
|
Pool # MA7418, 2.50%, 6/20/2051
|
1,557,684
|
1,301,418
|
Pool # MA7420, 3.50%, 6/20/2051
|
388,192
|
348,987
|
Pool # MA7471, 2.00%, 7/20/2051
|
2,334,847
|
1,885,451
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
Pool # MA7472, 2.50%, 7/20/2051
|
752,270
|
628,764
|
Pool # MA7473, 3.00%, 7/20/2051
|
469,523
|
407,442
|
Pool # MA7533, 2.00%, 8/20/2051
|
972,473
|
784,834
|
Pool # MA7534, 2.50%, 8/20/2051
|
6,018,705
|
5,027,479
|
Pool # MA7588, 2.00%, 9/20/2051
|
992,473
|
801,736
|
Pool # MA7589, 2.50%, 9/20/2051
|
409,156
|
341,780
|
Pool # MA7766, 2.00%, 12/20/2051
|
2,170,941
|
1,751,342
|
Pool # MA7826, 2.00%, 1/20/2052
|
4,907,083
|
3,959,259
|
Pool # 785881, 2.50%, 1/20/2052
|
1,973,362
|
1,598,693
|
Pool # 785945, 3.00%, 2/20/2052
|
887,460
|
769,935
|
Pool # MA7935, 2.00%, 3/20/2052
|
4,494,761
|
3,625,815
|
Pool # 786017, 3.00%, 3/20/2052
|
901,480
|
782,739
|
Pool # MA7937, 3.00%, 3/20/2052
|
878,933
|
760,454
|
Pool # MA7986, 2.00%, 4/20/2052
|
1,079,325
|
870,706
|
Pool # MA7987, 2.50%, 4/20/2052
|
3,649,528
|
3,047,218
|
Pool # MA7988, 3.00%, 4/20/2052
|
2,695,533
|
2,331,938
|
Pool # MA8043, 3.00%, 5/20/2052
|
2,324,403
|
2,010,840
|
Pool # MA8098, 3.00%, 6/20/2052
|
5,035,453
|
4,356,366
|
Pool # MA8099, 3.50%, 6/20/2052
|
5,499,237
|
4,915,989
|
Pool # MA8147, 2.50%, 7/20/2052
|
2,681,044
|
2,239,680
|
Pool # MA8199, 3.50%, 8/20/2052
|
4,617,624
|
4,127,804
|
Pool # MA8267, 4.00%, 9/20/2052
|
1,135,951
|
1,046,381
|
Pool # MA8269, 5.00%, 9/20/2052
|
606,485
|
590,107
|
Pool # MA8270, 5.50%, 9/20/2052
|
900,810
|
894,324
|
Pool # MA8346, 4.00%, 10/20/2052
|
3,814,428
|
3,513,660
|
Pool # MA8492, 6.00%, 12/20/2052
|
1,388,518
|
1,399,199
|
Pool # MA8493, 6.50%, 12/20/2052
|
354,149
|
360,859
|
Pool # MA8573, 7.00%, 1/20/2053
|
839,183
|
862,069
|
Pool # MA8800, 5.00%, 4/20/2053
|
2,452,488
|
2,384,044
|
Pool # 786633, 6.00%, 4/20/2053
|
1,949,385
|
1,964,413
|
Pool # MA8877, 4.50%, 5/20/2053
|
1,972,681
|
1,865,746
|
Pool # MA8946, 4.50%, 6/20/2053
|
1,236,653
|
1,169,604
|
Pool # MA8947, 5.00%, 6/20/2053
|
1,978,470
|
1,921,982
|
Pool # MA8948, 5.50%, 6/20/2053
|
2,470,294
|
2,452,506
|
Pool # MA9015, 4.50%, 7/20/2053
|
1,984,216
|
1,876,634
|
Pool # MA9017, 5.50%, 7/20/2053
|
2,725,080
|
2,705,454
|
Pool # MA9018, 6.00%, 7/20/2053
|
742,881
|
748,434
|
Pool # MA9019, 6.50%, 7/20/2053
|
741,456
|
754,390
|
Pool # MA9105, 5.00%, 8/20/2053
|
1,987,694
|
1,930,943
|
Pool # MA9174, 7.00%, 9/20/2053
|
926,880
|
952,157
|
GNMA II, Single Family, 30 Year
|
|
|
TBA, 2.00%, 12/15/2053 (a)
|
926,000
|
747,094
|
TBA, 2.50%, 12/15/2053 (a)
|
3,644,000
|
3,041,601
|
TBA, 3.00%, 12/15/2053 (a)
|
1,700,000
|
1,470,390
|
TBA, 3.50%, 12/15/2053 (a)
|
500,000
|
446,902
|
TBA, 4.00%, 12/15/2053 (a)
|
1,059,000
|
975,418
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Mortgage-Backed Securities — continued
|
||
TBA, 4.50%, 12/15/2053 (a)
|
1,500,000
|
1,418,488
|
TBA, 5.00%, 12/15/2053 (a)
|
50,000
|
48,566
|
Total Mortgage-Backed Securities
(Cost $551,644,190)
|
|
504,869,169
|
Corporate Bonds — 25.0%
|
||
Aerospace & Defense — 0.6%
|
||
Boeing Co. (The)
|
|
|
3.25%, 3/1/2028
|
2,439,000
|
2,235,915
|
5.15%, 5/1/2030
|
782,000
|
775,270
|
3.60%, 5/1/2034
|
685,000
|
581,321
|
3.55%, 3/1/2038
|
814,000
|
626,682
|
3.50%, 3/1/2039
|
747,000
|
561,900
|
3.83%, 3/1/2059
|
10,000
|
6,856
|
Hexcel Corp. 4.20%, 2/15/2027 (b)
|
115,000
|
109,545
|
Huntington Ingalls Industries, Inc. 2.04%, 8/16/2028
|
70,000
|
59,888
|
L3Harris Technologies, Inc. 4.85%, 4/27/2035
|
166,000
|
156,021
|
Leidos, Inc. 4.38%, 5/15/2030
|
21,000
|
19,411
|
Lockheed Martin Corp.
|
|
|
3.60%, 3/1/2035
|
3,233,000
|
2,822,543
|
4.50%, 5/15/2036
|
236,000
|
221,779
|
Northrop Grumman Corp.
|
|
|
4.40%, 5/1/2030
|
30,000
|
28,935
|
4.70%, 3/15/2033
|
150,000
|
145,319
|
5.25%, 5/1/2050
|
272,000
|
262,201
|
Precision Castparts Corp. 4.38%, 6/15/2045
|
82,000
|
68,837
|
RTX Corp.
|
|
|
5.00%, 2/27/2026
|
163,000
|
161,984
|
1.90%, 9/1/2031
|
1,100,000
|
860,489
|
2.38%, 3/15/2032
|
350,000
|
280,765
|
4.35%, 4/15/2047
|
237,000
|
193,169
|
3.03%, 3/15/2052
|
761,000
|
483,064
|
|
|
10,661,894
|
Air Freight & Logistics — 0.1%
|
||
CH Robinson Worldwide, Inc. 4.20%, 4/15/2028
|
502,000
|
476,572
|
FedEx Corp.
|
|
|
4.90%, 1/15/2034
|
30,000
|
29,130
|
3.90%, 2/1/2035
|
20,000
|
17,336
|
3.88%, 8/1/2042
|
992,000
|
771,120
|
4.05%, 2/15/2048
|
286,000
|
220,871
|
United Parcel Service, Inc.
|
|
|
4.88%, 3/3/2033
|
50,000
|
49,790
|
3.75%, 11/15/2047
|
300,000
|
236,588
|
3.40%, 9/1/2049 (c)
|
465,000
|
347,132
|
|
|
2,148,539
|
Automobile Components — 0.0% ^
|
||
Aptiv plc 3.10%, 12/1/2051
|
238,000
|
143,173
|
BorgWarner, Inc. 2.65%, 7/1/2027
|
50,000
|
45,418
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Automobile Components — continued
|
||
Lear Corp. 5.25%, 5/15/2049
|
85,000
|
73,404
|
Magna International, Inc. (Canada) 4.15%, 10/1/2025
|
300,000
|
294,303
|
|
|
556,298
|
Automobiles — 0.1%
|
||
Ford Motor Co.
|
|
|
9.63%, 4/22/2030
|
200,000
|
229,078
|
3.25%, 2/12/2032
|
700,000
|
558,393
|
General Motors Co.
|
|
|
5.40%, 10/15/2029
|
30,000
|
29,595
|
5.00%, 4/1/2035
|
707,000
|
639,842
|
5.15%, 4/1/2038
|
400,000
|
354,372
|
Harley-Davidson, Inc. 4.63%, 7/28/2045
|
34,000
|
25,563
|
Mercedes-Benz Finance North America LLC (Germany) 8.50%, 1/18/2031
|
152,000
|
183,624
|
Toyota Motor Corp. (Japan) 1.34%, 3/25/2026
|
72,000
|
66,293
|
|
|
2,086,760
|
Banks — 4.1%
|
||
Australia & New Zealand Banking Group Ltd. (Australia) 5.38%, 7/3/2025
|
445,000
|
446,152
|
Banco Santander SA (Spain) 6.92%, 8/8/2033
|
400,000
|
397,379
|
Bank of America Corp.
|
|
|
4.00%, 1/22/2025
|
163,000
|
160,098
|
(3-MONTH CME TERM SOFR + 1.13%), 2.46%, 10/22/2025 (d)
|
429,000
|
415,359
|
(3-MONTH CME TERM SOFR + 0.90%), 2.02%, 2/13/2026 (d)
|
166,000
|
158,082
|
3.50%, 4/19/2026
|
1,846,000
|
1,775,690
|
(SOFR + 1.15%), 1.32%, 6/19/2026 (d)
|
430,000
|
400,430
|
(SOFR + 1.75%), 4.83%, 7/22/2026 (d)
|
30,000
|
29,600
|
4.25%, 10/22/2026
|
648,000
|
626,576
|
(SOFR + 1.01%), 1.20%, 10/24/2026 (d)
|
1,168,000
|
1,070,311
|
(SOFR + 1.29%), 5.08%, 1/20/2027 (d)
|
30,000
|
29,670
|
(SOFR + 0.96%), 1.73%, 7/22/2027 (d)
|
30,000
|
27,088
|
(SOFR + 1.05%), 2.55%, 2/4/2028 (d)
|
1,060,000
|
965,770
|
(3-MONTH CME TERM SOFR + 1.30%), 3.42%, 12/20/2028 (d)
|
26,000
|
23,891
|
(SOFR + 1.06%), 2.09%, 6/14/2029 (d)
|
1,797,000
|
1,544,152
|
(3-MONTH CME TERM SOFR + 1.57%), 4.27%, 7/23/2029 (d)
|
50,000
|
47,219
|
(3-MONTH CME TERM SOFR + 1.47%), 3.97%, 2/7/2030 (d)
|
250,000
|
231,077
|
(3-MONTH CME TERM SOFR + 1.25%), 2.50%, 2/13/2031 (d)
|
275,000
|
228,500
|
(SOFR + 1.37%), 1.92%, 10/24/2031 (d)
|
198,000
|
154,897
|
Series N, (SOFR + 1.22%), 2.65%, 3/11/2032 (d)
|
2,500,000
|
2,032,071
|
(SOFR + 1.32%), 2.69%, 4/22/2032 (d)
|
50,000
|
40,648
|
(SOFR + 1.83%), 4.57%, 4/27/2033 (d)
|
50,000
|
45,896
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.20%), 2.48%, 9/21/2036 (d)
|
1,634,000
|
1,234,642
|
(SOFR + 1.58%), 3.31%, 4/22/2042 (d)
|
319,000
|
235,242
|
5.00%, 1/21/2044
|
2,205,000
|
2,048,863
|
(3-MONTH CME TERM SOFR + 2.25%), 4.44%, 1/20/2048 (d)
|
57,000
|
48,072
|
(3-MONTH CME TERM SOFR + 1.45%), 3.95%, 1/23/2049 (d)
|
1,536,000
|
1,206,558
|
(3-MONTH CME TERM SOFR + 3.41%), 4.08%, 3/20/2051 (d)
|
100,000
|
79,195
|
Bank of Montreal (Canada)
|
|
|
1.50%, 1/10/2025
|
1,108,000
|
1,060,557
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
1.85%, 5/1/2025
|
235,000
|
223,143
|
(SOFR + 0.60%), 0.95%, 1/22/2027 (d)
|
710,000
|
645,836
|
5.20%, 2/1/2028
|
150,000
|
149,543
|
Bank of Nova Scotia (The) (Canada)
|
|
|
1.45%, 1/10/2025
|
150,000
|
143,526
|
2.20%, 2/3/2025
|
30,000
|
28,870
|
5.45%, 6/12/2025
|
30,000
|
29,922
|
1.30%, 9/15/2026
|
320,000
|
286,626
|
1.95%, 2/2/2027
|
50,000
|
45,236
|
4.85%, 2/1/2030
|
200,000
|
193,167
|
2.15%, 8/1/2031
|
234,000
|
185,704
|
Barclays plc (United Kingdom)
|
|
|
4.84%, 5/9/2028
|
2,001,000
|
1,885,154
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.30%), 2.89%, 11/24/2032 (d)
|
454,000
|
356,943
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 3.00%), 5.75%, 8/9/2033 (d)
|
754,000
|
725,739
|
Citigroup, Inc.
|
|
|
3.75%, 6/16/2024
|
161,000
|
159,297
|
4.40%, 6/10/2025
|
97,000
|
95,104
|
(SOFR + 0.69%), 2.01%, 1/25/2026 (d)
|
162,000
|
154,399
|
(SOFR + 2.84%), 3.11%, 4/8/2026 (d)
|
350,000
|
337,475
|
3.40%, 5/1/2026
|
25,000
|
23,857
|
4.30%, 11/20/2026
|
530,000
|
511,813
|
(SOFR + 0.77%), 1.12%, 1/28/2027 (d)
|
24,000
|
21,730
|
4.45%, 9/29/2027
|
25,000
|
23,939
|
Series VAR, (SOFR + 1.28%), 3.07%, 2/24/2028 (d)
|
25,000
|
23,182
|
4.13%, 7/25/2028
|
1,315,000
|
1,230,709
|
(3-MONTH CME TERM SOFR + 1.60%), 3.98%, 3/20/2030 (d)
|
24,000
|
22,148
|
(SOFR + 1.42%), 2.98%, 11/5/2030 (d)
|
720,000
|
622,243
|
(SOFR + 3.91%), 4.41%, 3/31/2031 (d)
|
1,059,000
|
982,194
|
(SOFR + 2.11%), 2.57%, 6/3/2031 (d)
|
1,243,000
|
1,026,720
|
6.63%, 6/15/2032
|
77,000
|
81,169
|
(SOFR + 1.18%), 2.52%, 11/3/2032 (d)
|
2,817,000
|
2,230,628
|
(SOFR + 1.35%), 3.06%, 1/25/2033 (d)
|
50,000
|
41,006
|
(SOFR + 2.09%), 4.91%, 5/24/2033 (d)
|
250,000
|
235,256
|
6.00%, 10/31/2033
|
10,000
|
10,165
|
(SOFR + 2.34%), 6.27%, 11/17/2033 (d)
|
1,500,000
|
1,547,556
|
5.30%, 5/6/2044
|
95,000
|
85,921
|
Cooperatieve Rabobank UA (Netherlands) 3.75%, 7/21/2026
|
267,000
|
252,734
|
Fifth Third Bancorp
|
|
|
2.38%, 1/28/2025
|
453,000
|
435,372
|
(SOFR + 2.34%), 6.34%, 7/27/2029 (d)
|
30,000
|
30,321
|
Fifth Third Bank NA 3.85%, 3/15/2026
|
200,000
|
189,102
|
First-Citizens Bank & Trust Co. (3-MONTH CME TERM SOFR + 1.72%), 2.97%, 9/27/2025 (d)
|
454,000
|
440,140
|
Goldman Sachs Capital I 6.35%, 2/15/2034
|
247,000
|
247,923
|
HSBC Holdings plc (United Kingdom)
|
|
|
(SOFR + 1.54%), 1.65%, 4/18/2026 (d)
|
651,000
|
612,441
|
(SOFR + 1.93%), 2.10%, 6/4/2026 (d)
|
267,000
|
251,740
|
(SOFR + 3.03%), 7.34%, 11/3/2026 (d)
|
200,000
|
206,302
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
(SOFR + 1.97%), 6.16%, 3/9/2029 (d)
|
928,000
|
939,585
|
(3-MONTH CME TERM SOFR + 1.80%), 4.58%, 6/19/2029 (d)
|
1,026,000
|
976,165
|
(SOFR + 2.39%), 2.85%, 6/4/2031 (d)
|
2,350,000
|
1,952,813
|
(SOFR + 1.95%), 2.36%, 8/18/2031 (d)
|
1,183,000
|
947,453
|
6.50%, 5/2/2036
|
185,000
|
186,294
|
HSBC USA, Inc. 5.63%, 3/17/2025
|
2,178,000
|
2,176,853
|
Huntington Bancshares, Inc. (US Treasury Yield Curve Rate T Note Constant Maturity
5 Year + 1.17%), 2.49%,
8/15/2036 (d)
|
185,000
|
133,980
|
Huntington National Bank (The) (SOFRINDX + 1.65%), 4.55%, 5/17/2028 (d)
|
469,000
|
443,734
|
ING Groep NV (Netherlands) 3.95%, 3/29/2027
|
500,000
|
474,829
|
KeyBank NA 4.70%, 1/26/2026
|
350,000
|
335,044
|
KeyCorp (SOFRINDX + 2.06%), 4.79%, 6/1/2033 (d)
|
141,000
|
121,871
|
Korea Development Bank (The) (South Korea)
|
|
|
1.00%, 9/9/2026
|
646,000
|
577,810
|
1.38%, 4/25/2027
|
377,000
|
335,098
|
Kreditanstalt fuer Wiederaufbau (Germany)
|
|
|
1.00%, 10/1/2026
|
655,000
|
594,321
|
3.00%, 5/20/2027
|
55,000
|
52,388
|
1.75%, 9/14/2029
|
26,000
|
22,524
|
0.75%, 9/30/2030
|
25,000
|
19,663
|
Zero Coupon, 4/18/2036
|
588,000
|
332,314
|
Zero Coupon, 6/29/2037
|
806,000
|
429,714
|
Landwirtschaftliche Rentenbank (Germany)
|
|
|
2.38%, 6/10/2025
|
20,000
|
19,230
|
0.88%, 3/30/2026
|
386,000
|
353,817
|
1.75%, 7/27/2026
|
399,000
|
370,770
|
0.88%, 9/3/2030
|
15,000
|
11,834
|
Lloyds Banking Group plc (United Kingdom) 4.45%, 5/8/2025
|
1,000,000
|
981,139
|
M&T Bank Corp. (SOFR + 1.85%), 5.05%, 1/27/2034 (d)
|
1,003,000
|
896,713
|
Mitsubishi UFJ Financial Group, Inc. (Japan)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.45%), 0.96%, 10/11/2025 (d)
|
200,000
|
191,480
|
3.75%, 7/18/2039
|
1,542,000
|
1,259,130
|
Mizuho Financial Group, Inc. (Japan) 4.02%, 3/5/2028
|
508,000
|
481,930
|
National Australia Bank Ltd. (Australia) 2.50%, 7/12/2026
|
315,000
|
295,056
|
NatWest Group plc (United Kingdom) (US Treasury Yield Curve Rate T Note Constant Maturity
1 Year + 2.55%), 3.07%,
5/22/2028 (d)
|
716,000
|
651,744
|
Oesterreichische Kontrollbank AG (Austria)
|
|
|
1.50%, 2/12/2025
|
123,000
|
117,810
|
0.38%, 9/17/2025
|
35,000
|
32,328
|
4.63%, 11/3/2025
|
100,000
|
99,545
|
0.50%, 2/2/2026 (c)
|
2,483,000
|
2,266,517
|
PNC Bank NA 3.10%, 10/25/2027
|
629,000
|
576,069
|
PNC Financial Services Group, Inc. (The) (SOFR + 1.93%), 5.07%, 1/24/2034 (d)
|
50,000
|
46,862
|
Royal Bank of Canada (Canada)
|
|
|
3.38%, 4/14/2025
|
105,000
|
102,111
|
6.00%, 11/1/2027
|
402,000
|
413,069
|
5.00%, 2/1/2033
|
15,000
|
14,453
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
Santander UK Group Holdings plc (United Kingdom) (US Treasury Yield Curve Rate T Note
Constant Maturity 1 Year +
1.25%), 1.53%, 8/21/2026 (d)
|
1,177,000
|
1,081,767
|
Sumitomo Mitsui Financial Group, Inc. (Japan)
|
|
|
0.95%, 1/12/2026
|
2,244,000
|
2,042,989
|
3.78%, 3/9/2026
|
332,000
|
320,133
|
2.63%, 7/14/2026
|
150,000
|
139,890
|
3.01%, 10/19/2026
|
141,000
|
132,024
|
3.45%, 1/11/2027
|
644,000
|
607,897
|
1.90%, 9/17/2028
|
1,091,000
|
931,732
|
Toronto-Dominion Bank (The) (Canada)
|
|
|
Series FXD, 1.45%, 1/10/2025
|
50,000
|
47,878
|
0.75%, 9/11/2025
|
126,000
|
116,078
|
0.75%, 1/6/2026
|
2,426,000
|
2,207,344
|
4.11%, 6/8/2027
|
30,000
|
28,836
|
3.20%, 3/10/2032
|
100,000
|
84,362
|
Truist Financial Corp.
|
|
|
(SOFR + 0.61%), 1.27%, 3/2/2027 (d)
|
1,109,000
|
997,918
|
1.13%, 8/3/2027
|
2,604,000
|
2,223,421
|
US Bancorp
|
|
|
(SOFR + 0.73%), 2.22%, 1/27/2028 (d)
|
10,000
|
9,054
|
(SOFR + 1.02%), 2.68%, 1/27/2033 (d)
|
626,000
|
493,402
|
(SOFR + 2.11%), 4.97%, 7/22/2033 (d)
|
50,000
|
44,771
|
Wells Fargo & Co.
|
|
|
3.55%, 9/29/2025
|
79,000
|
76,387
|
(3-MONTH CME TERM SOFR + 1.09%), 2.41%, 10/30/2025 (d)
|
401,000
|
387,924
|
(3-MONTH CME TERM SOFR + 1.01%), 2.16%, 2/11/2026 (d)
|
392,000
|
374,511
|
3.00%, 4/22/2026
|
619,000
|
585,501
|
(SOFR + 2.00%), 2.19%, 4/30/2026 (d)
|
488,000
|
463,929
|
4.10%, 6/3/2026
|
30,000
|
28,898
|
3.00%, 10/23/2026
|
30,000
|
28,090
|
4.30%, 7/22/2027
|
2,352,000
|
2,257,745
|
(3-MONTH CME TERM SOFR + 1.57%), 3.58%, 5/22/2028 (d)
|
110,000
|
102,978
|
(SOFR + 2.10%), 2.39%, 6/2/2028 (d)
|
2,351,000
|
2,113,234
|
(3-MONTH CME TERM SOFR + 1.43%), 2.88%, 10/30/2030 (d)
|
2,410,000
|
2,073,535
|
(3-MONTH CME TERM SOFR + 4.03%), 4.48%, 4/4/2031 (d)
|
50,000
|
46,665
|
(SOFR + 1.99%), 5.56%, 7/25/2034 (d)
|
58,000
|
56,435
|
5.95%, 12/15/2036
|
7,000
|
6,736
|
(SOFR + 2.53%), 3.07%, 4/30/2041 (d)
|
285,000
|
204,097
|
3.90%, 5/1/2045
|
1,174,000
|
907,332
|
4.75%, 12/7/2046
|
408,000
|
334,317
|
Westpac Banking Corp. (Australia)
|
|
|
1.15%, 6/3/2026
|
257,000
|
233,339
|
1.95%, 11/20/2028
|
2,210,000
|
1,903,170
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.35%), 2.89%, 2/4/2030 (d) (e)
|
535,000
|
511,201
|
4.42%, 7/24/2039 (e)
|
58,000
|
46,370
|
Zions Bancorp NA 3.25%, 10/29/2029
|
350,000
|
272,324
|
|
|
78,553,954
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Beverages — 0.4%
|
||
Anheuser-Busch Cos. LLC (Belgium) 4.70%, 2/1/2036
|
79,000
|
75,291
|
Anheuser-Busch InBev Finance, Inc. (Belgium) 4.70%, 2/1/2036
|
17,000
|
16,175
|
Anheuser-Busch InBev Worldwide, Inc. (Belgium)
|
|
|
4.00%, 4/13/2028
|
1,186,000
|
1,149,375
|
4.90%, 1/23/2031 (c)
|
330,000
|
333,213
|
4.95%, 1/15/2042
|
146,000
|
138,054
|
5.55%, 1/23/2049
|
50,000
|
51,018
|
4.50%, 6/1/2050
|
10,000
|
8,798
|
4.75%, 4/15/2058
|
1,421,000
|
1,263,559
|
Coca-Cola Co. (The)
|
|
|
1.45%, 6/1/2027
|
340,000
|
305,242
|
1.50%, 3/5/2028
|
224,000
|
197,605
|
3.45%, 3/25/2030
|
134,000
|
125,003
|
1.65%, 6/1/2030
|
200,000
|
166,207
|
2.50%, 6/1/2040
|
713,000
|
508,332
|
2.88%, 5/5/2041
|
10,000
|
7,451
|
3.00%, 3/5/2051
|
641,000
|
454,199
|
2.75%, 6/1/2060 (c)
|
40,000
|
25,543
|
Coca-Cola Consolidated, Inc. 3.80%, 11/25/2025
|
50,000
|
48,626
|
Constellation Brands, Inc. 3.60%, 2/15/2028
|
884,000
|
830,511
|
Diageo Capital plc (United Kingdom)
|
|
|
1.38%, 9/29/2025
|
200,000
|
187,191
|
2.13%, 4/29/2032
|
700,000
|
556,288
|
Keurig Dr Pepper, Inc.
|
|
|
3.40%, 11/15/2025
|
250,000
|
240,700
|
3.20%, 5/1/2030
|
30,000
|
26,618
|
3.80%, 5/1/2050
|
10,000
|
7,428
|
Keurig Dr. Pepper, Inc.
|
|
|
3.95%, 4/15/2029
|
901,000
|
852,126
|
4.05%, 4/15/2032
|
50,000
|
45,795
|
PepsiCo, Inc.
|
|
|
2.25%, 3/19/2025
|
10,000
|
9,646
|
2.75%, 4/30/2025
|
250,000
|
242,210
|
7.00%, 3/1/2029
|
350,000
|
386,360
|
4.45%, 2/15/2033
|
50,000
|
49,516
|
2.63%, 10/21/2041
|
55,000
|
38,895
|
2.75%, 10/21/2051
|
10,000
|
6,555
|
|
|
8,353,530
|
Biotechnology — 0.4%
|
||
AbbVie, Inc.
|
|
|
3.80%, 3/15/2025
|
150,000
|
147,119
|
3.60%, 5/14/2025
|
150,000
|
146,426
|
2.95%, 11/21/2026
|
150,000
|
142,054
|
4.50%, 5/14/2035
|
98,000
|
92,133
|
4.05%, 11/21/2039
|
479,000
|
411,657
|
4.45%, 5/14/2046
|
21,000
|
18,287
|
4.25%, 11/21/2049
|
1,219,000
|
1,026,343
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Biotechnology — continued
|
||
Amgen, Inc.
|
|
|
3.20%, 11/2/2027
|
2,148,000
|
2,011,676
|
2.30%, 2/25/2031
|
750,000
|
621,370
|
2.00%, 1/15/2032
|
275,000
|
216,233
|
4.20%, 3/1/2033
|
50,000
|
46,101
|
4.95%, 10/1/2041
|
26,000
|
23,507
|
4.40%, 5/1/2045
|
295,000
|
244,808
|
4.56%, 6/15/2048
|
200,000
|
169,695
|
3.38%, 2/21/2050
|
187,000
|
129,539
|
4.66%, 6/15/2051
|
230,000
|
196,514
|
3.00%, 1/15/2052
|
300,000
|
194,157
|
5.75%, 3/2/2063
|
195,000
|
191,052
|
Biogen, Inc. 2.25%, 5/1/2030
|
637,000
|
524,146
|
Gilead Sciences, Inc.
|
|
|
3.65%, 3/1/2026
|
100,000
|
96,779
|
2.95%, 3/1/2027
|
10,000
|
9,381
|
4.60%, 9/1/2035
|
420,000
|
396,463
|
4.00%, 9/1/2036
|
803,000
|
704,509
|
2.60%, 10/1/2040
|
990,000
|
683,283
|
4.75%, 3/1/2046
|
15,000
|
13,507
|
|
|
8,456,739
|
Broadline Retail — 0.3%
|
||
Alibaba Group Holding Ltd. (China)
|
|
|
3.40%, 12/6/2027
|
437,000
|
407,104
|
2.70%, 2/9/2041
|
265,000
|
169,006
|
3.25%, 2/9/2061
|
200,000
|
115,286
|
Amazon.com, Inc.
|
|
|
3.15%, 8/22/2027
|
2,365,000
|
2,241,289
|
1.65%, 5/12/2028
|
311,000
|
274,853
|
4.05%, 8/22/2047
|
1,351,000
|
1,148,117
|
2.70%, 6/3/2060
|
275,000
|
167,731
|
eBay, Inc.
|
|
|
2.60%, 5/10/2031
|
110,000
|
91,869
|
4.00%, 7/15/2042
|
192,000
|
149,730
|
JD.com, Inc. (China) 3.38%, 1/14/2030
|
200,000
|
176,392
|
|
|
4,941,377
|
Building Products — 0.1%
|
||
Carrier Global Corp.
|
|
|
2.49%, 2/15/2027
|
596,000
|
546,677
|
2.70%, 2/15/2031
|
30,000
|
25,134
|
3.58%, 4/5/2050
|
406,000
|
289,362
|
Fortune Brands Innovations, Inc. 4.00%, 3/25/2032
|
28,000
|
24,770
|
Johnson Controls International plc
|
|
|
1.75%, 9/15/2030
|
230,000
|
184,586
|
4.50%, 2/15/2047
|
162,000
|
134,703
|
Lennox International, Inc.
|
|
|
1.35%, 8/1/2025
|
117,000
|
109,139
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Building Products — continued
|
||
1.70%, 8/1/2027
|
257,000
|
226,735
|
Owens Corning
|
|
|
3.88%, 6/1/2030
|
30,000
|
27,180
|
4.30%, 7/15/2047
|
108,000
|
85,757
|
|
|
1,654,043
|
Capital Markets — 2.0%
|
||
Affiliated Managers Group, Inc. 3.50%, 8/1/2025
|
191,000
|
182,841
|
Ameriprise Financial, Inc. 3.00%, 4/2/2025
|
133,000
|
128,815
|
Ares Capital Corp.
|
|
|
3.88%, 1/15/2026
|
179,000
|
169,606
|
2.88%, 6/15/2028
|
263,000
|
224,467
|
Bank of New York Mellon Corp. (The)
|
|
|
(SOFRINDX + 1.80%), 5.80%, 10/25/2028 (d)
|
10,000
|
10,180
|
(SOFR + 1.51%), 4.71%, 2/1/2034 (d)
|
150,000
|
140,580
|
Series J, (SOFR + 1.61%), 4.97%, 4/26/2034 (d)
|
3,557,000
|
3,383,456
|
Blackstone Private Credit Fund 3.25%, 3/15/2027
|
1,121,000
|
996,286
|
Blackstone Secured Lending Fund 2.85%, 9/30/2028
|
122,000
|
102,097
|
Charles Schwab Corp. (The)
|
|
|
1.15%, 5/13/2026
|
50,000
|
45,110
|
3.20%, 3/2/2027
|
938,000
|
877,350
|
3.20%, 1/25/2028
|
50,000
|
46,021
|
2.00%, 3/20/2028
|
987,000
|
853,269
|
3.25%, 5/22/2029
|
243,000
|
217,559
|
CME Group, Inc.
|
|
|
3.00%, 3/15/2025
|
462,000
|
450,079
|
2.65%, 3/15/2032
|
50,000
|
42,492
|
4.15%, 6/15/2048
|
144,000
|
122,780
|
Credit Suisse AG (Switzerland) 1.25%, 8/7/2026
|
1,390,000
|
1,235,726
|
Credit Suisse USA, Inc. (Switzerland) 7.13%, 7/15/2032
|
100,000
|
109,424
|
Deutsche Bank AG (Germany)
|
|
|
(SOFR + 1.87%), 2.13%, 11/24/2026 (d)
|
2,283,000
|
2,094,141
|
(SOFR + 1.22%), 2.31%, 11/16/2027 (d)
|
410,000
|
366,839
|
(SOFR + 3.65%), 7.08%, 2/10/2034 (d)
|
894,000
|
857,747
|
FactSet Research Systems, Inc. 2.90%, 3/1/2027
|
189,000
|
174,503
|
FS KKR Capital Corp.
|
|
|
3.40%, 1/15/2026
|
13,000
|
12,102
|
2.63%, 1/15/2027
|
875,000
|
763,338
|
Goldman Sachs Group, Inc. (The)
|
|
|
3.85%, 7/8/2024
|
686,000
|
677,885
|
3.50%, 1/23/2025
|
362,000
|
353,057
|
(3-MONTH CME TERM SOFR + 1.46%), 3.27%, 9/29/2025 (d)
|
43,000
|
42,048
|
Series VAR, (SOFR + 0.79%), 1.09%, 12/9/2026 (d)
|
266,000
|
241,711
|
(SOFR + 1.11%), 2.64%, 2/24/2028 (d)
|
2,482,000
|
2,260,018
|
(3-MONTH CME TERM SOFR + 1.42%), 3.81%, 4/23/2029 (d)
|
12,000
|
11,154
|
(3-MONTH CME TERM SOFR + 1.56%), 4.22%, 5/1/2029 (d)
|
28,000
|
26,445
|
2.60%, 2/7/2030
|
258,000
|
218,754
|
(SOFR + 1.09%), 1.99%, 1/27/2032 (d)
|
98,000
|
75,987
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Capital Markets — continued
|
||
(SOFR + 1.28%), 2.62%, 4/22/2032 (d)
|
548,000
|
441,506
|
(SOFR + 1.25%), 2.38%, 7/21/2032 (d)
|
2,225,000
|
1,753,073
|
(SOFR + 1.26%), 2.65%, 10/21/2032 (d)
|
71,000
|
56,642
|
6.13%, 2/15/2033
|
708,000
|
745,489
|
(SOFR + 1.41%), 3.10%, 2/24/2033 (d)
|
380,000
|
313,495
|
6.75%, 10/1/2037
|
136,000
|
142,994
|
(3-MONTH CME TERM SOFR + 1.69%), 4.41%, 4/23/2039 (d)
|
634,000
|
546,098
|
(SOFR + 1.63%), 3.44%, 2/24/2043 (d)
|
968,000
|
711,759
|
4.75%, 10/21/2045
|
63,000
|
56,184
|
Intercontinental Exchange, Inc.
|
|
|
4.00%, 9/15/2027
|
10,000
|
9,649
|
3.00%, 6/15/2050
|
87,000
|
57,457
|
3.00%, 9/15/2060
|
60,000
|
36,946
|
Janus Henderson US Holdings, Inc. 4.88%, 8/1/2025
|
31,000
|
30,470
|
Jefferies Financial Group, Inc. 4.15%, 1/23/2030
|
500,000
|
453,665
|
Lazard Group LLC 3.75%, 2/13/2025
|
357,000
|
347,034
|
Moody's Corp.
|
|
|
4.25%, 2/1/2029
|
30,000
|
28,984
|
3.10%, 11/29/2061
|
424,000
|
260,015
|
Morgan Stanley
|
|
|
Series I, (SOFR + 0.75%), 0.86%, 10/21/2025 (d)
|
100,000
|
95,215
|
(SOFR + 0.94%), 2.63%, 2/18/2026 (d)
|
93,000
|
89,338
|
(SOFR + 1.99%), 2.19%, 4/28/2026 (d)
|
10,000
|
9,509
|
(SOFR + 1.77%), 6.14%, 10/16/2026 (d)
|
25,000
|
25,200
|
(SOFR + 0.72%), 0.99%, 12/10/2026 (d)
|
2,452,000
|
2,221,182
|
3.63%, 1/20/2027
|
25,000
|
23,877
|
3.95%, 4/23/2027
|
337,000
|
319,896
|
(SOFR + 0.88%), 1.59%, 5/4/2027 (d)
|
10,000
|
9,065
|
(SOFR + 1.00%), 2.48%, 1/21/2028 (d)
|
250,000
|
227,820
|
3.59%, 7/22/2028 (f)
|
1,330,000
|
1,244,604
|
(3-MONTH CME TERM SOFR + 1.40%), 3.77%, 1/24/2029 (d)
|
308,000
|
287,359
|
(SOFR + 1.14%), 2.70%, 1/22/2031 (d)
|
748,000
|
631,869
|
(SOFR + 1.03%), 1.79%, 2/13/2032 (d)
|
1,534,000
|
1,175,790
|
(SOFR + 1.02%), 1.93%, 4/28/2032 (d)
|
1,769,000
|
1,360,072
|
(SOFR + 1.18%), 2.24%, 7/21/2032 (d)
|
10,000
|
7,826
|
(SOFR + 1.88%), 5.42%, 7/21/2034 (d)
|
1,061,000
|
1,028,397
|
(SOFR + 1.36%), 2.48%, 9/16/2036 (d)
|
405,000
|
305,730
|
3.97%, 7/22/2038 (f)
|
23,000
|
19,182
|
(SOFR + 1.49%), 3.22%, 4/22/2042 (d)
|
946,000
|
687,716
|
4.30%, 1/27/2045
|
664,000
|
558,425
|
(SOFR + 4.84%), 5.60%, 3/24/2051 (d)
|
128,000
|
129,159
|
Nasdaq, Inc.
|
|
|
3.85%, 6/30/2026 (c)
|
519,000
|
501,141
|
6.10%, 6/28/2063
|
904,000
|
918,971
|
Nomura Holdings, Inc. (Japan)
|
|
|
5.71%, 1/9/2026
|
200,000
|
199,619
|
2.61%, 7/14/2031
|
294,000
|
233,241
|
Raymond James Financial, Inc. 4.95%, 7/15/2046
|
40,000
|
34,684
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Capital Markets — continued
|
||
S&P Global, Inc. 3.25%, 12/1/2049
|
240,000
|
168,503
|
State Street Corp.
|
|
|
3.55%, 8/18/2025
|
50,000
|
48,636
|
(SOFR + 0.94%), 2.35%, 11/1/2025 (d)
|
269,000
|
260,535
|
(SOFR + 1.72%), 5.82%, 11/4/2028 (d)
|
30,000
|
30,625
|
2.20%, 3/3/2031
|
117,000
|
93,389
|
(SOFR + 1.57%), 4.82%, 1/26/2034 (d)
|
1,787,000
|
1,679,391
|
UBS Group AG (Switzerland) 3.75%, 3/26/2025
|
520,000
|
504,466
|
|
|
38,635,759
|
Chemicals — 0.2%
|
||
Air Products and Chemicals, Inc. 4.80%, 3/3/2033
|
50,000
|
49,503
|
Albemarle Corp. 5.05%, 6/1/2032
|
10,000
|
9,262
|
Cabot Corp. 4.00%, 7/1/2029
|
104,000
|
96,075
|
CF Industries, Inc.
|
|
|
4.95%, 6/1/2043
|
300,000
|
254,324
|
5.38%, 3/15/2044
|
113,000
|
101,409
|
Dow Chemical Co. (The)
|
|
|
2.10%, 11/15/2030
|
456,000
|
375,934
|
6.30%, 3/15/2033
|
50,000
|
53,063
|
5.25%, 11/15/2041
|
480,000
|
437,677
|
4.63%, 10/1/2044
|
199,000
|
165,299
|
DuPont de Nemours, Inc. 4.73%, 11/15/2028
|
10,000
|
9,883
|
Eastman Chemical Co.
|
|
|
5.75%, 3/8/2033
|
50,000
|
49,667
|
4.80%, 9/1/2042
|
203,000
|
171,178
|
EIDP, Inc.
|
|
|
1.70%, 7/15/2025
|
555,000
|
521,540
|
4.80%, 5/15/2033
|
200,000
|
194,562
|
FMC Corp.
|
|
|
3.45%, 10/1/2029
|
174,000
|
150,365
|
4.50%, 10/1/2049
|
234,000
|
169,641
|
Huntsman International LLC 4.50%, 5/1/2029
|
112,000
|
103,828
|
LYB International Finance III LLC 2.25%, 10/1/2030
|
232,000
|
189,019
|
NewMarket Corp. 2.70%, 3/18/2031
|
69,000
|
56,067
|
Sherwin-Williams Co. (The)
|
|
|
4.25%, 8/8/2025
|
150,000
|
147,179
|
2.95%, 8/15/2029
|
30,000
|
26,829
|
2.20%, 3/15/2032
|
100,000
|
79,381
|
4.00%, 12/15/2042
|
233,000
|
181,868
|
4.50%, 6/1/2047
|
492,000
|
415,973
|
3.30%, 5/15/2050
|
26,000
|
17,307
|
Westlake Corp. 5.00%, 8/15/2046
|
490,000
|
410,519
|
|
|
4,437,352
|
Commercial Services & Supplies — 0.1%
|
||
Cintas Corp. No. 2 3.70%, 4/1/2027
|
200,000
|
193,211
|
RELX Capital, Inc. (United Kingdom) 4.75%, 5/20/2032
|
97,000
|
94,269
|
Republic Services, Inc. 2.38%, 3/15/2033
|
1,437,000
|
1,150,044
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Commercial Services & Supplies — continued
|
||
Waste Connections, Inc.
|
|
|
3.50%, 5/1/2029
|
30,000
|
27,799
|
2.20%, 1/15/2032
|
40,000
|
32,029
|
4.20%, 1/15/2033
|
293,000
|
270,327
|
2.95%, 1/15/2052
|
649,000
|
419,646
|
Waste Management, Inc.
|
|
|
4.63%, 2/15/2033
|
30,000
|
29,017
|
2.95%, 6/1/2041
|
536,000
|
387,367
|
|
|
2,603,709
|
Communications Equipment — 0.1%
|
||
Cisco Systems, Inc.
|
|
|
2.95%, 2/28/2026
|
1,741,000
|
1,677,646
|
2.50%, 9/20/2026
|
182,000
|
171,606
|
5.90%, 2/15/2039
|
12,000
|
12,782
|
Juniper Networks, Inc. 2.00%, 12/10/2030
|
144,000
|
112,087
|
Motorola Solutions, Inc.
|
|
|
2.30%, 11/15/2030
|
80,000
|
64,853
|
5.60%, 6/1/2032
|
30,000
|
29,705
|
|
|
2,068,679
|
Construction & Engineering — 0.0% ^
|
||
Valmont Industries, Inc. 5.25%, 10/1/2054
|
48,000
|
40,016
|
Construction Materials — 0.0% ^
|
||
Martin Marietta Materials, Inc. Series CB, 2.50%, 3/15/2030
|
10,000
|
8,422
|
Vulcan Materials Co. 4.70%, 3/1/2048
|
96,000
|
82,861
|
|
|
91,283
|
Consumer Finance — 0.9%
|
||
AerCap Ireland Capital DAC (Ireland)
|
|
|
3.50%, 1/15/2025
|
250,000
|
242,654
|
6.50%, 7/15/2025
|
250,000
|
251,401
|
4.45%, 10/1/2025
|
150,000
|
145,777
|
1.75%, 1/30/2026
|
162,000
|
148,192
|
3.65%, 7/21/2027
|
230,000
|
214,067
|
3.88%, 1/23/2028
|
150,000
|
139,110
|
3.30%, 1/30/2032
|
1,001,000
|
830,235
|
Ally Financial, Inc. 2.20%, 11/2/2028
|
1,219,000
|
998,238
|
American Express Co.
|
|
|
2.25%, 3/4/2025
|
10,000
|
9,606
|
4.20%, 11/6/2025
|
434,000
|
425,465
|
4.90%, 2/13/2026
|
30,000
|
29,809
|
(SOFR + 1.00%), 4.99%, 5/1/2026 (d)
|
30,000
|
29,710
|
3.13%, 5/20/2026
|
68,000
|
64,914
|
1.65%, 11/4/2026
|
1,373,000
|
1,244,566
|
(SOFR + 0.97%), 5.39%, 7/28/2027 (d)
|
30,000
|
29,962
|
American Honda Finance Corp.
|
|
|
2.00%, 3/24/2028
|
328,000
|
289,236
|
4.60%, 4/17/2030
|
30,000
|
29,032
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Consumer Finance — continued
|
||
1.80%, 1/13/2031
|
287,000
|
231,131
|
Capital One Financial Corp.
|
|
|
4.20%, 10/29/2025
|
23,000
|
22,125
|
3.75%, 7/28/2026
|
2,204,000
|
2,070,689
|
3.80%, 1/31/2028
|
237,000
|
218,253
|
(SOFR + 2.08%), 5.47%, 2/1/2029 (d)
|
150,000
|
144,087
|
Caterpillar Financial Services Corp. 0.80%, 11/13/2025
|
1,364,000
|
1,258,966
|
Discover Financial Services
|
|
|
3.95%, 11/6/2024
|
280,000
|
273,810
|
4.50%, 1/30/2026
|
11,000
|
10,633
|
6.70%, 11/29/2032
|
50,000
|
49,555
|
Ford Motor Credit Co. LLC
|
|
|
3.38%, 11/13/2025
|
250,000
|
235,534
|
6.80%, 5/12/2028
|
500,000
|
508,972
|
7.35%, 3/6/2030
|
200,000
|
207,754
|
7.20%, 6/10/2030
|
200,000
|
206,878
|
General Motors Financial Co., Inc.
|
|
|
1.20%, 10/15/2024
|
150,000
|
143,951
|
3.50%, 11/7/2024
|
283,000
|
276,557
|
4.00%, 1/15/2025
|
35,000
|
34,248
|
2.90%, 2/26/2025
|
150,000
|
144,508
|
5.25%, 3/1/2026
|
150,000
|
148,282
|
2.40%, 10/15/2028
|
1,448,000
|
1,241,252
|
2.35%, 1/8/2031
|
46,000
|
36,602
|
2.70%, 6/10/2031
|
19,000
|
15,307
|
3.10%, 1/12/2032
|
145,000
|
118,159
|
John Deere Capital Corp.
|
|
|
4.95%, 6/6/2025
|
593,000
|
592,294
|
0.70%, 1/15/2026
|
209,000
|
191,616
|
4.75%, 1/20/2028
|
1,000,000
|
995,782
|
1.45%, 1/15/2031
|
88,000
|
69,488
|
2.00%, 6/17/2031
|
202,000
|
164,070
|
PACCAR Financial Corp. 3.55%, 8/11/2025
|
881,000
|
859,470
|
Synchrony Financial 2.88%, 10/28/2031
|
220,000
|
163,008
|
Toyota Motor Credit Corp.
|
|
|
0.50%, 6/18/2024
|
200,000
|
194,493
|
0.63%, 9/13/2024
|
50,000
|
48,142
|
3.00%, 4/1/2025
|
150,000
|
145,764
|
0.80%, 10/16/2025
|
580,000
|
536,777
|
3.05%, 3/22/2027
|
150,000
|
141,401
|
3.05%, 1/11/2028
|
500,000
|
466,895
|
4.55%, 5/17/2030
|
30,000
|
29,161
|
1.65%, 1/10/2031
|
616,000
|
490,666
|
1.90%, 9/12/2031
|
99,000
|
78,960
|
|
|
17,887,214
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Consumer Staples Distribution & Retail — 0.4%
|
||
Costco Wholesale Corp.
|
|
|
3.00%, 5/18/2027
|
200,000
|
189,216
|
1.38%, 6/20/2027
|
132,000
|
117,461
|
1.75%, 4/20/2032
|
224,000
|
178,702
|
Dollar General Corp.
|
|
|
4.15%, 11/1/2025
|
10,000
|
9,750
|
3.88%, 4/15/2027
|
52,000
|
49,659
|
4.13%, 5/1/2028
|
200,000
|
190,897
|
5.00%, 11/1/2032
|
50,000
|
47,605
|
Dollar Tree, Inc. 2.65%, 12/1/2031
|
167,000
|
136,085
|
Kroger Co. (The)
|
|
|
5.40%, 7/15/2040
|
294,000
|
271,132
|
3.95%, 1/15/2050
|
24,000
|
18,153
|
Sysco Corp.
|
|
|
2.40%, 2/15/2030
|
19,000
|
16,122
|
2.45%, 12/14/2031
|
10,000
|
8,110
|
3.15%, 12/14/2051
|
351,000
|
229,377
|
Target Corp. 2.95%, 1/15/2052
|
2,452,000
|
1,603,243
|
Walgreens Boots Alliance, Inc.
|
|
|
4.65%, 6/1/2046
|
10,000
|
7,170
|
4.10%, 4/15/2050
|
200,000
|
129,924
|
Walmart, Inc.
|
|
|
1.05%, 9/17/2026
|
3,055,000
|
2,777,441
|
3.70%, 6/26/2028 (c)
|
859,000
|
832,814
|
4.10%, 4/15/2033
|
173,000
|
164,670
|
2.95%, 9/24/2049
|
72,000
|
49,947
|
4.50%, 9/9/2052
|
122,000
|
111,132
|
|
|
7,138,610
|
Containers & Packaging — 0.1%
|
||
Avery Dennison Corp.
|
|
|
4.88%, 12/6/2028
|
201,000
|
198,876
|
5.75%, 3/15/2033
|
50,000
|
50,634
|
Berry Global, Inc. 1.57%, 1/15/2026
|
1,151,000
|
1,056,132
|
International Paper Co.
|
|
|
4.80%, 6/15/2044
|
200,000
|
171,596
|
5.15%, 5/15/2046
|
195,000
|
173,792
|
Packaging Corp. of America 3.00%, 12/15/2029
|
220,000
|
193,317
|
WestRock MWV LLC 7.95%, 2/15/2031
|
166,000
|
187,572
|
|
|
2,031,919
|
Distributors — 0.0% ^
|
||
Genuine Parts Co. 1.88%, 11/1/2030
|
30,000
|
23,234
|
Diversified Consumer Services — 0.1%
|
||
George Washington University (The) Series 2018, 4.13%, 9/15/2048
|
104,000
|
84,960
|
Georgetown University (The) Series B, 4.32%, 4/1/2049
|
10,000
|
8,326
|
Johns Hopkins University Series 2013, 4.08%, 7/1/2053
|
76,000
|
61,487
|
Trustees of Boston College 3.13%, 7/1/2052
|
53,000
|
35,930
|
Trustees of Princeton University (The) Series 2020, 2.52%, 7/1/2050
|
494,000
|
313,707
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Diversified Consumer Services — continued
|
||
Trustees of the University of Pennsylvania (The) 3.61%, 2/15/2119
|
1,060,000
|
693,551
|
University of Miami Series 2022, 4.06%, 4/1/2052
|
921,000
|
732,100
|
Washington University (The) Series 2022, 3.52%, 4/15/2054
|
128,000
|
94,389
|
|
|
2,024,450
|
Diversified REITs — 0.2%
|
||
Digital Realty Trust LP 3.70%, 8/15/2027
|
20,000
|
18,857
|
GLP Capital LP 5.75%, 6/1/2028
|
30,000
|
29,601
|
Rayonier LP 2.75%, 5/17/2031
|
171,000
|
137,250
|
Simon Property Group LP
|
|
|
3.38%, 10/1/2024 (c)
|
500,000
|
489,521
|
3.38%, 12/1/2027
|
338,000
|
314,632
|
2.20%, 2/1/2031
|
650,000
|
520,080
|
2.25%, 1/15/2032
|
254,000
|
198,931
|
VICI Properties LP
|
|
|
4.75%, 2/15/2028
|
1,396,000
|
1,323,820
|
5.13%, 5/15/2032
|
823,000
|
757,463
|
Vornado Realty LP
|
|
|
2.15%, 6/1/2026
|
381,000
|
330,096
|
3.40%, 6/1/2031
|
75,000
|
54,105
|
WP Carey, Inc. 3.85%, 7/15/2029
|
200,000
|
180,898
|
|
|
4,355,254
|
Diversified Telecommunication Services — 0.8%
|
||
AT&T, Inc.
|
|
|
3.88%, 1/15/2026
|
30,000
|
29,086
|
1.70%, 3/25/2026
|
129,000
|
119,271
|
2.30%, 6/1/2027
|
30,000
|
27,316
|
1.65%, 2/1/2028
|
30,000
|
26,136
|
4.30%, 2/15/2030
|
200,000
|
189,202
|
2.75%, 6/1/2031
|
50,000
|
42,054
|
2.55%, 12/1/2033
|
200,000
|
155,643
|
4.50%, 5/15/2035
|
947,000
|
856,092
|
5.35%, 9/1/2040
|
720,000
|
674,615
|
4.65%, 6/1/2044
|
311,000
|
258,538
|
4.50%, 3/9/2048
|
10,000
|
8,134
|
4.55%, 3/9/2049
|
375,000
|
304,057
|
3.65%, 6/1/2051
|
490,000
|
341,188
|
3.80%, 12/1/2057
|
10,000
|
6,834
|
3.85%, 6/1/2060 (c)
|
1,943,000
|
1,329,442
|
Bell Canada (The) (Canada)
|
|
|
Series US-5, 2.15%, 2/15/2032
|
546,000
|
433,493
|
5.10%, 5/11/2033
|
10,000
|
9,776
|
Deutsche Telekom International Finance BV (Germany) 9.25%, 6/1/2032
|
136,000
|
171,382
|
Orange SA (France) 5.38%, 1/13/2042
|
189,000
|
178,717
|
Telefonica Emisiones SA (Spain)
|
|
|
4.10%, 3/8/2027
|
1,243,000
|
1,195,204
|
7.05%, 6/20/2036
|
29,000
|
31,476
|
4.67%, 3/6/2038
|
1,264,000
|
1,097,005
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Diversified Telecommunication Services — continued
|
||
TELUS Corp. (Canada) 3.40%, 5/13/2032
|
1,264,000
|
1,079,827
|
Verizon Communications, Inc.
|
|
|
1.45%, 3/20/2026
|
1,610,000
|
1,479,864
|
4.13%, 3/16/2027
|
14,000
|
13,586
|
4.33%, 9/21/2028
|
231,000
|
223,067
|
1.75%, 1/20/2031
|
2,486,000
|
1,959,528
|
2.55%, 3/21/2031
|
176,000
|
146,054
|
2.36%, 3/15/2032
|
150,000
|
119,610
|
4.86%, 8/21/2046
|
150,000
|
133,622
|
2.88%, 11/20/2050
|
451,000
|
284,992
|
3.55%, 3/22/2051
|
238,000
|
170,344
|
2.99%, 10/30/2056
|
238,000
|
146,022
|
3.00%, 11/20/2060
|
2,757,000
|
1,674,705
|
|
|
14,915,882
|
Electric Utilities — 1.5%
|
||
AEP Texas, Inc. Series I, 2.10%, 7/1/2030
|
314,000
|
254,167
|
Alabama Power Co.
|
|
|
3.05%, 3/15/2032
|
975,000
|
831,887
|
3.75%, 3/1/2045
|
424,000
|
320,864
|
Series B, 3.70%, 12/1/2047
|
87,000
|
64,089
|
3.45%, 10/1/2049
|
350,000
|
243,945
|
American Electric Power Co., Inc. 5.63%, 3/1/2033
|
62,000
|
62,127
|
Appalachian Power Co. Series BB, 4.50%, 8/1/2032
|
350,000
|
321,729
|
Arizona Public Service Co.
|
|
|
6.35%, 12/15/2032
|
30,000
|
31,400
|
4.35%, 11/15/2045
|
30,000
|
23,497
|
Avangrid, Inc. 3.80%, 6/1/2029
|
30,000
|
27,377
|
CenterPoint Energy Houston Electric LLC
|
|
|
Series ai., 4.45%, 10/1/2032
|
50,000
|
47,165
|
Series AD, 2.90%, 7/1/2050
|
10,000
|
6,403
|
Cleveland Electric Illuminating Co. (The) 5.95%, 12/15/2036
|
100,000
|
98,230
|
Commonwealth Edison Co.
|
|
|
2.55%, 6/15/2026
|
18,000
|
16,967
|
3.65%, 6/15/2046
|
100,000
|
73,712
|
Series 130, 3.13%, 3/15/2051
|
174,000
|
114,363
|
Connecticut Light and Power Co. (The) 5.25%, 1/15/2053
|
304,000
|
288,341
|
Dayton Power & Light Co. (The) 3.95%, 6/15/2049
|
96,000
|
69,542
|
Dominion Energy South Carolina, Inc. 5.10%, 6/1/2065
|
1,000,000
|
889,979
|
DTE Electric Co.
|
|
|
Series A, 1.90%, 4/1/2028
|
227,000
|
199,497
|
4.30%, 7/1/2044
|
35,000
|
29,086
|
3.70%, 6/1/2046
|
200,000
|
149,060
|
3.75%, 8/15/2047
|
1,137,000
|
850,325
|
3.95%, 3/1/2049
|
240,000
|
186,578
|
Series B, 3.25%, 4/1/2051
|
114,000
|
76,866
|
Duke Energy Carolinas LLC
|
|
|
2.45%, 2/1/2030
|
90,000
|
76,859
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
6.45%, 10/15/2032
|
30,000
|
31,749
|
3.75%, 6/1/2045
|
269,000
|
200,564
|
3.70%, 12/1/2047
|
1,076,000
|
787,602
|
3.95%, 3/15/2048
|
158,000
|
120,586
|
Duke Energy Corp.
|
|
|
0.90%, 9/15/2025
|
90,000
|
83,005
|
3.75%, 9/1/2046
|
80,000
|
57,984
|
Duke Energy Florida LLC
|
|
|
3.20%, 1/15/2027
|
31,000
|
29,408
|
6.40%, 6/15/2038
|
1,885,000
|
2,004,720
|
3.85%, 11/15/2042
|
20,000
|
15,520
|
Duke Energy Ohio, Inc.
|
|
|
2.13%, 6/1/2030
|
200,000
|
165,042
|
5.25%, 4/1/2033
|
30,000
|
29,777
|
Duke Energy Progress LLC
|
|
|
5.25%, 3/15/2033
|
50,000
|
49,744
|
4.10%, 5/15/2042
|
275,000
|
223,133
|
Edison International
|
|
|
5.75%, 6/15/2027
|
500,000
|
503,430
|
5.25%, 11/15/2028
|
500,000
|
492,740
|
Enel Americas SA (Chile) 4.00%, 10/25/2026
|
101,000
|
96,532
|
Entergy Arkansas LLC
|
|
|
2.65%, 6/15/2051
|
125,000
|
71,907
|
3.35%, 6/15/2052
|
141,000
|
93,968
|
Entergy Corp. 2.80%, 6/15/2030
|
20,000
|
17,019
|
Entergy Louisiana LLC 0.95%, 10/1/2024
|
99,000
|
95,445
|
Entergy Mississippi LLC
|
|
|
3.85%, 6/1/2049
|
249,000
|
183,715
|
3.50%, 6/1/2051
|
446,000
|
305,180
|
Evergy Metro, Inc. Series 2020, 2.25%, 6/1/2030
|
300,000
|
247,709
|
Evergy, Inc. 2.45%, 9/15/2024
|
192,000
|
186,758
|
Eversource Energy
|
|
|
Series L, 2.90%, 10/1/2024
|
155,000
|
151,148
|
4.60%, 7/1/2027
|
100,000
|
97,520
|
Exelon Corp.
|
|
|
3.40%, 4/15/2026
|
500,000
|
479,393
|
3.35%, 3/15/2032
|
200,000
|
171,732
|
4.70%, 4/15/2050
|
846,000
|
714,207
|
Florida Power & Light Co.
|
|
|
4.80%, 5/15/2033
|
30,000
|
29,126
|
3.70%, 12/1/2047
|
1,376,000
|
1,039,826
|
Georgia Power Co. 4.95%, 5/17/2033
|
30,000
|
29,052
|
Hydro-Quebec (Canada) 8.50%, 12/1/2029
|
50,000
|
58,500
|
Iberdrola International BV (Spain) 5.81%, 3/15/2025
|
721,000
|
723,190
|
Interstate Power and Light Co.
|
|
|
5.70%, 10/15/2033
|
15,000
|
15,105
|
3.50%, 9/30/2049
|
152,000
|
104,552
|
ITC Holdings Corp. 3.35%, 11/15/2027
|
10,000
|
9,307
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
MidAmerican Energy Co.
|
|
|
5.35%, 1/15/2034
|
200,000
|
202,610
|
2.70%, 8/1/2052
|
200,000
|
120,016
|
Nevada Power Co. Series EE, 3.13%, 8/1/2050
|
1,115,000
|
707,446
|
NextEra Energy Capital Holdings, Inc.
|
|
|
6.05%, 3/1/2025
|
1,338,000
|
1,343,121
|
1.88%, 1/15/2027
|
784,000
|
706,922
|
3.55%, 5/1/2027
|
100,000
|
94,754
|
4.90%, 2/28/2028
|
150,000
|
148,050
|
2.75%, 11/1/2029
|
287,000
|
250,161
|
5.00%, 2/28/2030
|
30,000
|
29,400
|
2.44%, 1/15/2032
|
330,000
|
264,960
|
5.00%, 7/15/2032
|
50,000
|
48,313
|
5.05%, 2/28/2033
|
150,000
|
145,087
|
Northern States Power Co. 4.50%, 6/1/2052
|
500,000
|
422,517
|
NSTAR Electric Co.
|
|
|
3.25%, 5/15/2029
|
172,000
|
156,925
|
3.95%, 4/1/2030
|
15,000
|
13,938
|
Oklahoma Gas and Electric Co.
|
|
|
5.40%, 1/15/2033
|
30,000
|
30,033
|
4.15%, 4/1/2047
|
2,052,000
|
1,587,347
|
Oncor Electric Delivery Co. LLC
|
|
|
4.55%, 9/15/2032
|
50,000
|
47,254
|
7.25%, 1/15/2033
|
208,000
|
233,611
|
Pacific Gas and Electric Co.
|
|
|
3.30%, 12/1/2027
|
123,000
|
111,837
|
3.00%, 6/15/2028
|
116,000
|
102,512
|
5.90%, 6/15/2032
|
50,000
|
48,841
|
3.30%, 8/1/2040
|
60,000
|
41,022
|
4.45%, 4/15/2042
|
95,000
|
71,587
|
3.75%, 8/15/2042 (b)
|
677,000
|
465,616
|
4.95%, 7/1/2050
|
155,000
|
123,500
|
3.50%, 8/1/2050
|
870,000
|
548,107
|
PacifiCorp
|
|
|
3.30%, 3/15/2051
|
184,000
|
112,673
|
5.35%, 12/1/2053
|
100,000
|
84,669
|
PECO Energy Co. 3.05%, 3/15/2051
|
30,000
|
19,450
|
PG&E Wildfire Recovery Funding LLC Series A-4, 4.45%, 12/1/2047
|
250,000
|
210,469
|
Potomac Electric Power Co. 4.15%, 3/15/2043
|
615,000
|
505,974
|
Public Service Co. of Colorado 2.70%, 1/15/2051
|
408,000
|
238,033
|
Public Service Co. of New Hampshire 5.35%, 10/1/2033
|
200,000
|
201,152
|
Public Service Electric and Gas Co.
|
|
|
3.00%, 5/15/2027
|
10,000
|
9,379
|
1.90%, 8/15/2031
|
646,000
|
511,166
|
SCE Recovery Funding LLC Series A-2, 2.94%, 11/15/2042
|
266,000
|
206,747
|
Southern California Edison Co. Series 20C, 1.20%, 2/1/2026
|
50,000
|
45,822
|
Southern Co. (The)
|
|
|
Series A, 3.70%, 4/30/2030
|
397,000
|
363,058
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
5.70%, 10/15/2032
|
30,000
|
30,456
|
Series B, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.73%),
4.00%, 1/15/2051 (d)
|
592,000
|
554,753
|
Southwestern Electric Power Co.
|
|
|
Series J, 3.90%, 4/1/2045
|
802,000
|
581,137
|
3.25%, 11/1/2051
|
321,000
|
201,190
|
Tampa Electric Co. 4.35%, 5/15/2044
|
170,000
|
133,822
|
Virginia Electric & Power Co. 4.00%, 1/15/2043
|
15,000
|
11,844
|
Virginia Electric and Power Co.
|
|
|
Series B, 2.95%, 11/15/2026
|
10,000
|
9,408
|
Series A, 3.80%, 4/1/2028
|
258,000
|
244,871
|
Series B, 3.80%, 9/15/2047
|
1,042,000
|
763,692
|
2.45%, 12/15/2050
|
87,000
|
48,975
|
Wisconsin Electric Power Co. 4.30%, 10/15/2048
|
179,000
|
145,576
|
Wisconsin Public Service Corp. 3.30%, 9/1/2049
|
10,000
|
6,743
|
Xcel Energy, Inc.
|
|
|
3.40%, 6/1/2030
|
30,000
|
26,617
|
4.60%, 6/1/2032
|
30,000
|
28,052
|
|
|
28,431,165
|
Electrical Equipment — 0.0% ^
|
||
Eaton Corp. 4.15%, 3/15/2033
|
321,000
|
299,584
|
Emerson Electric Co. 2.00%, 12/21/2028
|
45,000
|
39,470
|
Hubbell, Inc. 2.30%, 3/15/2031
|
30,000
|
24,264
|
Legrand France SA (France) 8.50%, 2/15/2025
|
300,000
|
312,261
|
Regal Rexnord Corp. 6.05%, 2/15/2026 (g)
|
23,000
|
22,948
|
|
|
698,527
|
Electronic Equipment, Instruments & Components — 0.1%
|
||
Allegion US Holding Co., Inc. 5.41%, 7/1/2032
|
30,000
|
29,266
|
Amphenol Corp.
|
|
|
2.05%, 3/1/2025
|
280,000
|
268,632
|
2.80%, 2/15/2030
|
165,000
|
144,483
|
2.20%, 9/15/2031
|
50,000
|
40,433
|
Arrow Electronics, Inc. 2.95%, 2/15/2032
|
116,000
|
94,587
|
Avnet, Inc. 5.50%, 6/1/2032
|
16,000
|
15,160
|
CDW LLC
|
|
|
4.13%, 5/1/2025
|
115,000
|
112,180
|
4.25%, 4/1/2028
|
10,000
|
9,421
|
3.28%, 12/1/2028
|
100,000
|
88,673
|
Keysight Technologies, Inc. 3.00%, 10/30/2029
|
30,000
|
26,051
|
TD SYNNEX Corp. 2.65%, 8/9/2031
|
162,000
|
125,263
|
Teledyne Technologies, Inc. 2.75%, 4/1/2031
|
299,000
|
249,388
|
Trimble, Inc. 6.10%, 3/15/2033
|
1,112,000
|
1,128,116
|
Vontier Corp.
|
|
|
1.80%, 4/1/2026
|
149,000
|
135,195
|
2.40%, 4/1/2028
|
10,000
|
8,538
|
|
|
2,475,386
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Energy Equipment & Services — 0.1%
|
||
Halliburton Co.
|
|
|
3.80%, 11/15/2025
|
30,000
|
29,274
|
4.85%, 11/15/2035
|
438,000
|
415,638
|
Helmerich & Payne, Inc. 2.90%, 9/29/2031
|
200,000
|
162,520
|
NOV, Inc. 3.60%, 12/1/2029
|
220,000
|
197,057
|
Patterson-UTI Energy, Inc. 7.15%, 10/1/2033
|
200,000
|
204,038
|
|
|
1,008,527
|
Entertainment — 0.2%
|
||
Electronic Arts, Inc.
|
|
|
4.80%, 3/1/2026 (c)
|
397,000
|
394,899
|
1.85%, 2/15/2031
|
185,000
|
148,086
|
Netflix, Inc.
|
|
|
4.38%, 11/15/2026
|
30,000
|
29,557
|
4.88%, 4/15/2028
|
30,000
|
29,733
|
5.88%, 11/15/2028
|
30,000
|
30,981
|
Take-Two Interactive Software, Inc. 3.70%, 4/14/2027
|
216,000
|
205,718
|
TWDC Enterprises 18 Corp.
|
|
|
2.95%, 6/15/2027
|
10,000
|
9,466
|
3.00%, 7/30/2046
|
2,193,000
|
1,498,976
|
Walt Disney Co. (The)
|
|
|
1.75%, 1/13/2026
|
30,000
|
28,149
|
3.80%, 3/22/2030
|
200,000
|
188,068
|
2.65%, 1/13/2031
|
210,000
|
180,547
|
2.75%, 9/1/2049
|
352,000
|
226,189
|
3.60%, 1/13/2051
|
1,114,000
|
842,199
|
Warnermedia Holdings, Inc.
|
|
|
3.64%, 3/15/2025
|
30,000
|
29,195
|
3.76%, 3/15/2027
|
10,000
|
9,435
|
|
|
3,851,198
|
Financial Services — 0.5%
|
||
Berkshire Hathaway, Inc.
|
|
|
3.13%, 3/15/2026
|
588,000
|
568,072
|
4.50%, 2/11/2043
|
35,000
|
32,786
|
Corebridge Financial, Inc.
|
|
|
3.50%, 4/4/2025
|
50,000
|
48,447
|
3.65%, 4/5/2027
|
100,000
|
94,109
|
Equitable Holdings, Inc.
|
|
|
7.00%, 4/1/2028
|
100,000
|
105,197
|
4.35%, 4/20/2028
|
513,000
|
487,436
|
Fidelity National Information Services, Inc.
|
|
|
2.25%, 3/1/2031
|
30,000
|
24,338
|
3.10%, 3/1/2041
|
30,000
|
20,973
|
Fiserv, Inc.
|
|
|
3.85%, 6/1/2025
|
350,000
|
341,537
|
2.65%, 6/1/2030
|
30,000
|
25,470
|
5.60%, 3/2/2033
|
50,000
|
50,204
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Financial Services — continued
|
||
Global Payments, Inc.
|
|
|
2.15%, 1/15/2027
|
10,000
|
9,030
|
2.90%, 5/15/2030
|
504,000
|
429,676
|
2.90%, 11/15/2031
|
12,000
|
9,856
|
Mastercard, Inc.
|
|
|
3.30%, 3/26/2027
|
10,000
|
9,547
|
4.85%, 3/9/2033
|
50,000
|
49,804
|
National Rural Utilities Cooperative Finance Corp.
|
|
|
Series D, 1.00%, 10/18/2024
|
723,000
|
693,558
|
4.80%, 3/15/2028
|
20,000
|
19,808
|
PayPal Holdings, Inc.
|
|
|
2.40%, 10/1/2024
|
257,000
|
250,115
|
1.65%, 6/1/2025
|
202,000
|
191,344
|
2.85%, 10/1/2029
|
30,000
|
26,642
|
5.25%, 6/1/2062
|
108,000
|
100,760
|
Private Export Funding Corp. Series PP, 1.40%, 7/15/2028
|
543,000
|
470,994
|
Radian Group, Inc. 6.63%, 3/15/2025
|
71,000
|
70,854
|
Shell International Finance BV (Netherlands)
|
|
|
2.88%, 5/10/2026
|
180,000
|
171,824
|
2.50%, 9/12/2026
|
160,000
|
150,654
|
3.88%, 11/13/2028
|
30,000
|
28,822
|
2.38%, 11/7/2029
|
177,000
|
154,745
|
6.38%, 12/15/2038
|
782,000
|
862,373
|
3.00%, 11/26/2051
|
1,998,000
|
1,328,490
|
Synchrony Bank 5.63%, 8/23/2027
|
350,000
|
331,512
|
Visa, Inc.
|
|
|
0.75%, 8/15/2027
|
1,381,000
|
1,206,910
|
2.75%, 9/15/2027
|
30,000
|
28,041
|
2.00%, 8/15/2050
|
1,972,000
|
1,143,387
|
Voya Financial, Inc.
|
|
|
3.65%, 6/15/2026
|
170,000
|
162,380
|
5.70%, 7/15/2043
|
77,000
|
70,211
|
(3-MONTH SOFR + 2.08%), 4.70%, 1/23/2048 (d)
|
100,000
|
80,719
|
Western Union Co. (The) 2.85%, 1/10/2025
|
150,000
|
144,814
|
|
|
9,995,439
|
Food Products — 0.4%
|
||
Archer-Daniels-Midland Co. 4.54%, 3/26/2042
|
205,000
|
180,594
|
Bunge Ltd. Finance Corp.
|
|
|
3.75%, 9/25/2027
|
13,000
|
12,367
|
2.75%, 5/14/2031
|
50,000
|
42,256
|
Campbell Soup Co. 4.80%, 3/15/2048
|
81,000
|
68,465
|
Conagra Brands, Inc.
|
|
|
1.38%, 11/1/2027
|
431,000
|
370,432
|
5.30%, 11/1/2038
|
302,000
|
274,977
|
Flowers Foods, Inc. 2.40%, 3/15/2031
|
94,000
|
75,605
|
Hormel Foods Corp. 1.70%, 6/3/2028
|
243,000
|
213,745
|
J M Smucker Co. (The) 3.38%, 12/15/2027
|
1,683,000
|
1,572,962
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Food Products — continued
|
||
JBS USA LUX SA
|
|
|
5.13%, 2/1/2028
|
150,000
|
145,610
|
5.50%, 1/15/2030
|
980,000
|
927,003
|
3.75%, 12/1/2031
|
150,000
|
124,133
|
Kellanova
|
|
|
4.30%, 5/15/2028
|
375,000
|
361,942
|
5.25%, 3/1/2033
|
50,000
|
48,658
|
Kraft Heinz Foods Co. 6.50%, 2/9/2040
|
488,000
|
517,058
|
McCormick & Co., Inc.
|
|
|
0.90%, 2/15/2026
|
11,000
|
10,011
|
4.95%, 4/15/2033
|
30,000
|
28,759
|
Mondelez International, Inc.
|
|
|
1.50%, 2/4/2031
|
210,000
|
164,945
|
3.00%, 3/17/2032
|
30,000
|
25,587
|
Pilgrim's Pride Corp.
|
|
|
3.50%, 3/1/2032
|
200,000
|
161,940
|
6.88%, 5/15/2034
|
120,000
|
122,732
|
Tyson Foods, Inc.
|
|
|
3.55%, 6/2/2027
|
194,000
|
182,713
|
5.15%, 8/15/2044
|
211,000
|
181,414
|
Unilever Capital Corp. (United Kingdom) 2.90%, 5/5/2027
|
1,764,000
|
1,655,206
|
|
|
7,469,114
|
Gas Utilities — 0.1%
|
||
Atmos Energy Corp. 1.50%, 1/15/2031
|
477,000
|
372,348
|
CenterPoint Energy Resources Corp.
|
|
|
5.40%, 3/1/2033
|
30,000
|
29,766
|
5.85%, 1/15/2041
|
65,000
|
64,664
|
National Fuel Gas Co. 5.20%, 7/15/2025
|
488,000
|
483,048
|
Southern California Gas Co. Series VV, 4.30%, 1/15/2049
|
458,000
|
364,943
|
Washington Gas Light Co. 3.65%, 9/15/2049
|
29,000
|
19,905
|
|
|
1,334,674
|
Ground Transportation — 0.4%
|
||
Burlington Northern Santa Fe LLC
|
|
|
3.40%, 9/1/2024
|
240,000
|
236,181
|
3.55%, 2/15/2050
|
10,000
|
7,424
|
Canadian National Railway Co. (Canada) 2.75%, 3/1/2026
|
255,000
|
243,035
|
Canadian Pacific Railway Co. (Canada) 3.00%, 12/2/2041
|
315,000
|
275,078
|
CSX Corp.
|
|
|
4.10%, 11/15/2032
|
30,000
|
27,917
|
4.75%, 5/30/2042
|
586,000
|
525,584
|
4.30%, 3/1/2048
|
24,000
|
19,775
|
3.35%, 9/15/2049
|
37,000
|
25,709
|
2.50%, 5/15/2051
|
1,000,000
|
586,383
|
Norfolk Southern Corp.
|
|
|
4.45%, 3/1/2033
|
50,000
|
47,131
|
4.45%, 6/15/2045
|
27,000
|
22,563
|
3.40%, 11/1/2049
|
228,000
|
158,389
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Ground Transportation — continued
|
||
2.90%, 8/25/2051
|
622,000
|
386,055
|
3.70%, 3/15/2053
|
514,000
|
370,299
|
Ryder System, Inc. 1.75%, 9/1/2026
|
220,000
|
199,425
|
Union Pacific Corp.
|
|
|
3.70%, 3/1/2029
|
10,000
|
9,503
|
3.38%, 2/1/2035
|
1,900,000
|
1,592,855
|
3.38%, 2/14/2042
|
1,237,000
|
944,225
|
2.95%, 3/10/2052
|
605,000
|
394,649
|
4.10%, 9/15/2067
|
702,000
|
531,226
|
|
|
6,603,406
|
Health Care Equipment & Supplies — 0.2%
|
||
Abbott Laboratories 6.15%, 11/30/2037
|
375,000
|
412,494
|
Baxter International, Inc.
|
|
|
2.27%, 12/1/2028
|
680,000
|
587,919
|
1.73%, 4/1/2031
|
304,000
|
233,837
|
2.54%, 2/1/2032
|
547,000
|
438,435
|
3.13%, 12/1/2051 (c)
|
1,668,000
|
1,050,050
|
Becton Dickinson & Co.
|
|
|
2.82%, 5/20/2030
|
30,000
|
25,938
|
1.96%, 2/11/2031
|
490,000
|
393,443
|
4.30%, 8/22/2032
|
50,000
|
46,449
|
DENTSPLY SIRONA, Inc. 3.25%, 6/1/2030
|
1,409,000
|
1,208,062
|
DH Europe Finance II SARL 3.25%, 11/15/2039
|
16,000
|
12,376
|
Koninklijke Philips NV (Netherlands) 6.88%, 3/11/2038
|
79,000
|
83,368
|
Zimmer Biomet Holdings, Inc.
|
|
|
2.60%, 11/24/2031
|
80,000
|
65,120
|
5.75%, 11/30/2039
|
82,000
|
79,425
|
|
|
4,636,916
|
Health Care Providers & Services — 1.1%
|
||
Baptist Healthcare System Obligated Group Series 20B, 3.54%, 8/15/2050
|
54,000
|
37,015
|
Bon Secours Mercy Health, Inc. Series 20-2, 3.21%, 6/1/2050
|
118,000
|
75,934
|
Cardinal Health, Inc.
|
|
|
3.75%, 9/15/2025
|
150,000
|
145,432
|
4.50%, 11/15/2044
|
119,000
|
95,696
|
Cencora, Inc. 2.70%, 3/15/2031
|
233,000
|
195,464
|
Centene Corp.
|
|
|
4.63%, 12/15/2029
|
10,000
|
9,288
|
3.38%, 2/15/2030
|
698,000
|
603,140
|
Cigna Group (The)
|
|
|
3.25%, 4/15/2025
|
10,000
|
9,701
|
3.40%, 3/1/2027
|
10,000
|
9,496
|
5.40%, 3/15/2033
|
50,000
|
49,924
|
3.40%, 3/15/2051
|
720,000
|
493,960
|
Cottage Health Obligated Group Series 2020, 3.30%, 11/1/2049
|
61,000
|
41,626
|
CVS Health Corp.
|
|
|
3.88%, 7/20/2025
|
1,335,000
|
1,302,069
|
5.00%, 2/20/2026
|
150,000
|
149,218
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Health Care Providers & Services — continued
|
||
3.00%, 8/15/2026
|
180,000
|
169,811
|
3.63%, 4/1/2027
|
50,000
|
47,555
|
4.30%, 3/25/2028
|
1,000,000
|
967,831
|
3.25%, 8/15/2029
|
30,000
|
27,001
|
1.75%, 8/21/2030
|
238,000
|
190,104
|
2.13%, 9/15/2031
|
214,000
|
169,759
|
4.78%, 3/25/2038
|
30,000
|
26,966
|
6.13%, 9/15/2039
|
500,000
|
506,061
|
4.13%, 4/1/2040
|
690,000
|
558,665
|
2.70%, 8/21/2040
|
500,000
|
334,185
|
5.05%, 3/25/2048
|
993,000
|
871,309
|
Dignity Health 4.50%, 11/1/2042
|
30,000
|
24,149
|
Elevance Health, Inc.
|
|
|
1.50%, 3/15/2026
|
181,000
|
166,529
|
2.25%, 5/15/2030
|
190,000
|
159,260
|
5.50%, 10/15/2032
|
1,036,000
|
1,046,071
|
4.75%, 2/15/2033
|
150,000
|
144,439
|
4.63%, 5/15/2042
|
10,000
|
8,750
|
4.38%, 12/1/2047
|
100,000
|
83,454
|
3.70%, 9/15/2049
|
761,000
|
559,098
|
HCA, Inc. 3.13%, 3/15/2027
|
2,590,000
|
2,401,345
|
Humana, Inc.
|
|
|
3.85%, 10/1/2024
|
27,000
|
26,568
|
2.15%, 2/3/2032
|
37,000
|
29,038
|
5.88%, 3/1/2033
|
50,000
|
51,231
|
4.80%, 3/15/2047
|
190,000
|
163,771
|
Laboratory Corp. of America Holdings 4.70%, 2/1/2045
|
202,000
|
173,203
|
Mass General Brigham, Inc. Series 2020, 3.34%, 7/1/2060
|
227,000
|
148,587
|
McKesson Corp. 5.10%, 7/15/2033
|
478,000
|
470,802
|
McLaren Health Care Corp. Series A, 4.39%, 5/15/2048
|
51,000
|
41,444
|
Memorial Sloan-Kettering Cancer Center 5.00%, 7/1/2042
|
147,000
|
136,627
|
MyMichigan Health Series 2020, 3.41%, 6/1/2050
|
273,000
|
181,898
|
Northwell Healthcare, Inc. 4.26%, 11/1/2047
|
91,000
|
71,111
|
Quest Diagnostics, Inc. 2.95%, 6/30/2030
|
30,000
|
25,799
|
Toledo Hospital (The) 5.75%, 11/15/2038
|
424,000
|
407,598
|
Trinity Health Corp. 4.13%, 12/1/2045
|
1,236,000
|
995,666
|
UMass Memorial Health Care Obligated Group 5.36%, 7/1/2052
|
511,000
|
460,316
|
UnitedHealth Group, Inc.
|
|
|
2.38%, 8/15/2024 (c)
|
150,000
|
146,743
|
3.45%, 1/15/2027
|
30,000
|
28,754
|
3.38%, 4/15/2027
|
20,000
|
19,066
|
4.25%, 1/15/2029
|
30,000
|
29,237
|
2.00%, 5/15/2030
|
90,000
|
75,257
|
4.50%, 4/15/2033
|
18,000
|
17,264
|
5.80%, 3/15/2036
|
147,000
|
154,357
|
2.90%, 5/15/2050
|
520,000
|
338,458
|
3.25%, 5/15/2051
|
1,923,000
|
1,347,147
|
4.75%, 5/15/2052
|
500,000
|
449,986
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Health Care Providers & Services — continued
|
||
3.13%, 5/15/2060
|
1,845,000
|
1,194,424
|
UPMC Series D-1, 3.60%, 4/3/2025
|
2,000,000
|
1,945,320
|
|
|
20,809,977
|
Health Care REITs — 0.1%
|
||
Healthpeak OP LLC
|
|
|
3.25%, 7/15/2026
|
150,000
|
142,282
|
2.88%, 1/15/2031
|
319,000
|
263,509
|
6.75%, 2/1/2041
|
82,000
|
84,630
|
Omega Healthcare Investors, Inc. 4.50%, 1/15/2025
|
250,000
|
244,453
|
Physicians Realty LP 4.30%, 3/15/2027
|
202,000
|
193,322
|
Ventas Realty LP
|
|
|
4.00%, 3/1/2028
|
317,000
|
295,808
|
5.70%, 9/30/2043
|
156,000
|
139,565
|
Welltower OP LLC
|
|
|
4.00%, 6/1/2025
|
250,000
|
243,711
|
2.75%, 1/15/2031
|
50,000
|
41,536
|
4.95%, 9/1/2048
|
160,000
|
139,127
|
|
|
1,787,943
|
Hotels, Restaurants & Leisure — 0.2%
|
||
Booking Holdings, Inc.
|
|
|
3.55%, 3/15/2028
|
307,000
|
291,798
|
4.63%, 4/13/2030
|
650,000
|
634,511
|
Darden Restaurants, Inc. 3.85%, 5/1/2027
|
22,000
|
21,010
|
Expedia Group, Inc.
|
|
|
5.00%, 2/15/2026
|
517,000
|
514,044
|
3.25%, 2/15/2030
|
601,000
|
530,786
|
2.95%, 3/15/2031
|
30,000
|
25,360
|
Marriott International, Inc. Series GG, 3.50%, 10/15/2032
|
30,000
|
25,496
|
McDonald's Corp.
|
|
|
1.45%, 9/1/2025
|
15,000
|
14,059
|
4.60%, 9/9/2032
|
30,000
|
29,334
|
4.70%, 12/9/2035
|
101,000
|
95,526
|
4.60%, 5/26/2045
|
312,000
|
274,428
|
Starbucks Corp.
|
|
|
2.00%, 3/12/2027 (c)
|
274,000
|
249,873
|
3.00%, 2/14/2032
|
793,000
|
685,404
|
4.80%, 2/15/2033
|
50,000
|
49,209
|
|
|
3,440,838
|
Household Durables — 0.1%
|
||
DR Horton, Inc. 2.50%, 10/15/2024
|
200,000
|
194,293
|
Leggett & Platt, Inc. 4.40%, 3/15/2029
|
179,000
|
167,637
|
Lennar Corp. 4.75%, 11/29/2027
|
150,000
|
146,899
|
NVR, Inc. 3.00%, 5/15/2030
|
115,000
|
99,170
|
PulteGroup, Inc.
|
|
|
7.88%, 6/15/2032
|
85,000
|
95,980
|
6.00%, 2/15/2035
|
130,000
|
129,693
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Household Durables — continued
|
||
Toll Brothers Finance Corp. 4.88%, 11/15/2025
|
25,000
|
24,627
|
Whirlpool Corp.
|
|
|
4.70%, 5/14/2032
|
100,000
|
92,836
|
5.50%, 3/1/2033
|
30,000
|
28,970
|
4.50%, 6/1/2046
|
40,000
|
31,435
|
|
|
1,011,540
|
Household Products — 0.2%
|
||
Church & Dwight Co., Inc. 5.60%, 11/15/2032
|
250,000
|
259,183
|
Clorox Co. (The) 4.40%, 5/1/2029
|
219,000
|
211,526
|
Colgate-Palmolive Co.
|
|
|
3.25%, 8/15/2032
|
129,000
|
115,186
|
4.60%, 3/1/2033
|
80,000
|
79,505
|
Kimberly-Clark Corp.
|
|
|
3.10%, 3/26/2030
|
240,000
|
216,023
|
6.63%, 8/1/2037
|
1,000,000
|
1,134,427
|
5.30%, 3/1/2041
|
181,000
|
177,489
|
Procter & Gamble Co. (The)
|
|
|
4.10%, 1/26/2026
|
150,000
|
148,177
|
3.00%, 3/25/2030
|
30,000
|
27,438
|
4.05%, 1/26/2033
|
533,000
|
514,686
|
|
|
2,883,640
|
Independent Power and Renewable Electricity Producers — 0.0% ^
|
||
AES Corp. (The) 1.38%, 1/15/2026
|
93,000
|
84,837
|
Constellation Energy Generation LLC
|
|
|
5.80%, 3/1/2033
|
200,000
|
200,866
|
6.25%, 10/1/2039
|
10,000
|
10,056
|
5.75%, 10/1/2041
|
90,000
|
84,243
|
5.60%, 6/15/2042
|
106,000
|
99,180
|
Oglethorpe Power Corp. 3.75%, 8/1/2050
|
63,000
|
43,973
|
|
|
523,155
|
Industrial Conglomerates — 0.1%
|
||
3M Co.
|
|
|
2.88%, 10/15/2027 (c)
|
150,000
|
138,791
|
3.63%, 10/15/2047
|
116,000
|
83,460
|
3.25%, 8/26/2049 (c)
|
495,000
|
333,983
|
GE Capital Funding LLC 4.55%, 5/15/2032 (c)
|
278,000
|
261,305
|
Honeywell International, Inc.
|
|
|
2.70%, 8/15/2029
|
176,000
|
157,453
|
5.00%, 2/15/2033
|
426,000
|
427,626
|
4.50%, 1/15/2034
|
544,000
|
522,119
|
Pentair Finance SARL 4.50%, 7/1/2029
|
30,000
|
28,151
|
|
|
1,952,888
|
Industrial REITs — 0.0% ^
|
||
Prologis LP
|
|
|
4.88%, 6/15/2028
|
50,000
|
49,533
|
3.88%, 9/15/2028
|
130,000
|
122,800
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Industrial REITs — continued
|
||
1.75%, 7/1/2030
|
150,000
|
119,970
|
1.75%, 2/1/2031
|
542,000
|
428,215
|
5.13%, 1/15/2034
|
50,000
|
49,156
|
Rexford Industrial Realty LP 2.13%, 12/1/2030
|
26,000
|
20,310
|
|
|
789,984
|
Insurance — 0.6%
|
||
Allstate Corp. (The)
|
|
|
3.28%, 12/15/2026
|
637,000
|
603,898
|
4.50%, 6/15/2043
|
42,000
|
34,920
|
American International Group, Inc.
|
|
|
3.88%, 1/15/2035
|
430,000
|
369,499
|
4.75%, 4/1/2048
|
149,000
|
129,307
|
Aon Corp.
|
|
|
2.60%, 12/2/2031
|
50,000
|
40,844
|
3.90%, 2/28/2052
|
175,000
|
131,324
|
Aon Global Ltd. 3.88%, 12/15/2025
|
62,000
|
60,270
|
Arch Capital Finance LLC 4.01%, 12/15/2026
|
40,000
|
38,349
|
Arch Capital Group Ltd. 3.64%, 6/30/2050
|
167,000
|
118,127
|
Arthur J Gallagher & Co. 2.40%, 11/9/2031
|
130,000
|
103,578
|
Athene Holding Ltd. 3.50%, 1/15/2031
|
36,000
|
30,530
|
Berkshire Hathaway Finance Corp.
|
|
|
2.88%, 3/15/2032
|
400,000
|
346,222
|
2.50%, 1/15/2051
|
173,000
|
105,553
|
Brighthouse Financial, Inc.
|
|
|
3.70%, 6/22/2027
|
25,000
|
23,120
|
4.70%, 6/22/2047
|
99,000
|
71,923
|
Brown & Brown, Inc. 4.50%, 3/15/2029
|
253,000
|
238,882
|
Chubb INA Holdings, Inc.
|
|
|
3.15%, 3/15/2025
|
62,000
|
60,265
|
3.35%, 5/3/2026
|
10,000
|
9,643
|
3.05%, 12/15/2061
|
252,000
|
163,558
|
CNA Financial Corp.
|
|
|
3.90%, 5/1/2029
|
10,000
|
9,294
|
5.50%, 6/15/2033
|
126,000
|
124,341
|
Fidelity National Financial, Inc. 3.40%, 6/15/2030
|
25,000
|
21,617
|
Hanover Insurance Group, Inc. (The) 4.50%, 4/15/2026
|
432,000
|
419,876
|
Hartford Financial Services Group, Inc. (The) 2.80%, 8/19/2029
|
668,000
|
588,474
|
Lincoln National Corp.
|
|
|
3.80%, 3/1/2028
|
149,000
|
138,889
|
3.05%, 1/15/2030 (c)
|
1,413,000
|
1,183,220
|
3.40%, 1/15/2031 (c)
|
674,000
|
562,625
|
Loews Corp. 3.75%, 4/1/2026
|
414,000
|
400,334
|
Manulife Financial Corp. (Canada) (USD ICE Swap Rate 5 Year + 1.65%), 4.06%, 2/24/2032 (d)
|
98,000
|
89,576
|
Markel Group, Inc.
|
|
|
3.35%, 9/17/2029
|
73,000
|
65,414
|
4.30%, 11/1/2047
|
157,000
|
120,202
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Insurance — continued
|
||
Marsh & McLennan Cos., Inc.
|
|
|
3.75%, 3/14/2026
|
72,000
|
69,977
|
2.25%, 11/15/2030
|
1,794,000
|
1,493,308
|
MetLife, Inc.
|
|
|
6.38%, 6/15/2034
|
750,000
|
807,080
|
5.70%, 6/15/2035
|
831,000
|
850,022
|
4.13%, 8/13/2042
|
60,000
|
49,298
|
4.88%, 11/13/2043
|
186,000
|
168,736
|
4.05%, 3/1/2045
|
222,000
|
179,539
|
Nationwide Financial Services, Inc. 6.75%, 5/15/2037
|
270,000
|
248,923
|
Old Republic International Corp. 4.88%, 10/1/2024
|
29,000
|
28,700
|
Principal Financial Group, Inc. 5.38%, 3/15/2033
|
50,000
|
49,227
|
Progressive Corp. (The) 4.00%, 3/1/2029
|
44,000
|
42,229
|
Prudential Financial, Inc.
|
|
|
(3-MONTH SOFR + 3.03%), 5.38%, 5/15/2045 (d)
|
677,000
|
654,384
|
(3-MONTH SOFR + 2.67%), 5.70%, 9/15/2048 (d)
|
77,000
|
71,615
|
3.94%, 12/7/2049
|
731,000
|
554,044
|
3.70%, 3/13/2051
|
93,000
|
68,295
|
Selective Insurance Group, Inc. 5.38%, 3/1/2049
|
34,000
|
30,502
|
Travelers Cos., Inc. (The) 3.05%, 6/8/2051
|
23,000
|
15,370
|
|
|
11,784,923
|
Interactive Media & Services — 0.2%
|
||
Alphabet, Inc.
|
|
|
0.45%, 8/15/2025
|
1,576,000
|
1,465,036
|
1.10%, 8/15/2030
|
200,000
|
160,836
|
2.05%, 8/15/2050
|
742,000
|
433,584
|
Baidu, Inc. (China) 1.72%, 4/9/2026
|
946,000
|
868,409
|
Meta Platforms, Inc.
|
|
|
4.80%, 5/15/2030
|
200,000
|
200,370
|
4.45%, 8/15/2052
|
307,000
|
261,418
|
|
|
3,389,653
|
IT Services — 0.2%
|
||
Amdocs Ltd. 2.54%, 6/15/2030
|
203,000
|
168,288
|
Genpact Luxembourg SARL 1.75%, 4/10/2026
|
380,000
|
347,897
|
International Business Machines Corp.
|
|
|
4.50%, 2/6/2026
|
450,000
|
444,242
|
3.45%, 2/19/2026
|
150,000
|
144,697
|
5.88%, 11/29/2032
|
1,233,000
|
1,307,889
|
4.75%, 2/6/2033
|
150,000
|
146,000
|
4.00%, 6/20/2042
|
97,000
|
80,166
|
Kyndryl Holdings, Inc. 3.15%, 10/15/2031
|
200,000
|
158,818
|
VeriSign, Inc. 2.70%, 6/15/2031
|
164,000
|
134,573
|
|
|
2,932,570
|
Leisure Products — 0.1%
|
||
Brunswick Corp.
|
|
|
4.40%, 9/15/2032
|
500,000
|
430,725
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Leisure Products — continued
|
||
5.10%, 4/1/2052
|
500,000
|
363,397
|
Hasbro, Inc.
|
|
|
3.90%, 11/19/2029
|
227,000
|
204,222
|
5.10%, 5/15/2044
|
30,000
|
24,849
|
|
|
1,023,193
|
Life Sciences Tools & Services — 0.1%
|
||
Revvity, Inc. 2.55%, 3/15/2031
|
15,000
|
12,166
|
Thermo Fisher Scientific, Inc.
|
|
|
1.75%, 10/15/2028
|
2,866,000
|
2,492,605
|
5.20%, 1/31/2034
|
200,000
|
201,434
|
|
|
2,706,205
|
Machinery — 0.2%
|
||
CNH Industrial Capital LLC 5.45%, 10/14/2025
|
150,000
|
149,639
|
Cummins, Inc. 2.60%, 9/1/2050 (c)
|
1,155,000
|
705,956
|
Dover Corp. 3.15%, 11/15/2025
|
576,000
|
552,865
|
Flowserve Corp. 2.80%, 1/15/2032
|
50,000
|
39,329
|
IDEX Corp. 3.00%, 5/1/2030
|
30,000
|
25,904
|
Illinois Tool Works, Inc. 4.88%, 9/15/2041
|
128,000
|
121,296
|
Otis Worldwide Corp. 2.29%, 4/5/2027 (c)
|
10,000
|
9,167
|
Parker-Hannifin Corp. 4.25%, 9/15/2027
|
150,000
|
146,085
|
Snap-on, Inc. 3.10%, 5/1/2050
|
256,000
|
176,318
|
Stanley Black & Decker, Inc. 2.30%, 2/24/2025
|
1,335,000
|
1,279,929
|
Xylem, Inc. 4.38%, 11/1/2046
|
66,000
|
51,715
|
|
|
3,258,203
|
Media — 0.6%
|
||
Charter Communications Operating LLC
|
|
|
4.20%, 3/15/2028
|
50,000
|
47,054
|
2.25%, 1/15/2029
|
704,000
|
593,232
|
6.65%, 2/1/2034
|
200,000
|
204,670
|
3.50%, 3/1/2042
|
71,000
|
46,808
|
3.90%, 6/1/2052
|
200,000
|
127,724
|
6.83%, 10/23/2055
|
401,000
|
381,767
|
3.85%, 4/1/2061
|
200,000
|
119,424
|
4.40%, 12/1/2061
|
200,000
|
131,526
|
3.95%, 6/30/2062
|
1,298,000
|
781,081
|
Comcast Corp.
|
|
|
3.38%, 8/15/2025
|
340,000
|
330,123
|
3.15%, 3/1/2026
|
489,000
|
470,526
|
3.30%, 2/1/2027
|
206,000
|
196,166
|
3.30%, 4/1/2027
|
30,000
|
28,497
|
4.80%, 5/15/2033
|
200,000
|
194,878
|
4.40%, 8/15/2035
|
38,000
|
34,894
|
3.20%, 7/15/2036
|
445,000
|
356,518
|
3.90%, 3/1/2038
|
10,000
|
8,500
|
3.25%, 11/1/2039
|
2,735,000
|
2,079,018
|
4.00%, 11/1/2049
|
491,000
|
384,394
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Media — continued
|
||
2.89%, 11/1/2051
|
250,000
|
157,679
|
Discovery Communications LLC 4.90%, 3/11/2026
|
150,000
|
148,212
|
Fox Corp. 4.71%, 1/25/2029
|
1,112,000
|
1,083,845
|
Interpublic Group of Cos., Inc. (The) 2.40%, 3/1/2031
|
40,000
|
32,429
|
Omnicom Group, Inc.
|
|
|
2.45%, 4/30/2030
|
30,000
|
25,144
|
2.60%, 8/1/2031
|
435,000
|
359,414
|
Paramount Global
|
|
|
3.70%, 6/1/2028
|
76,000
|
68,096
|
4.20%, 5/19/2032 (c)
|
2,162,000
|
1,828,885
|
5.50%, 5/15/2033
|
200,000
|
181,848
|
4.38%, 3/15/2043
|
274,000
|
186,544
|
Time Warner Cable LLC
|
|
|
6.55%, 5/1/2037
|
44,000
|
41,501
|
5.50%, 9/1/2041
|
92,000
|
76,239
|
4.50%, 9/15/2042
|
252,000
|
186,253
|
|
|
10,892,889
|
Metals & Mining — 0.3%
|
||
ArcelorMittal SA (Luxembourg)
|
|
|
6.55%, 11/29/2027
|
150,000
|
154,966
|
4.25%, 7/16/2029
|
20,000
|
18,823
|
BHP Billiton Finance USA Ltd. (Australia) 4.75%, 2/28/2028
|
150,000
|
148,499
|
Freeport-McMoRan, Inc.
|
|
|
4.38%, 8/1/2028
|
763,000
|
715,029
|
5.45%, 3/15/2043
|
798,000
|
715,867
|
Newmont Corp.
|
|
|
2.25%, 10/1/2030
|
252,000
|
208,905
|
4.88%, 3/15/2042
|
2,000,000
|
1,821,135
|
Rio Tinto Finance USA plc (Australia)
|
|
|
5.00%, 3/9/2033
|
50,000
|
49,779
|
4.75%, 3/22/2042
|
274,000
|
249,234
|
Southern Copper Corp. (Mexico)
|
|
|
7.50%, 7/27/2035
|
100,000
|
110,741
|
6.75%, 4/16/2040
|
229,000
|
240,660
|
5.88%, 4/23/2045
|
53,000
|
50,368
|
Vale Overseas Ltd. (Brazil)
|
|
|
3.75%, 7/8/2030
|
100,000
|
88,396
|
6.88%, 11/21/2036
|
10,000
|
10,377
|
Yamana Gold, Inc. (Canada) 2.63%, 8/15/2031
|
1,899,000
|
1,535,516
|
|
|
6,118,295
|
Multi-Utilities — 0.5%
|
||
Ameren Corp. 1.75%, 3/15/2028
|
3,133,000
|
2,698,858
|
Avista Corp. 4.00%, 4/1/2052
|
172,000
|
126,071
|
Berkshire Hathaway Energy Co. 2.85%, 5/15/2051
|
443,000
|
275,260
|
Black Hills Corp.
|
|
|
3.95%, 1/15/2026
|
100,000
|
96,716
|
5.95%, 3/15/2028
|
996,000
|
1,008,448
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Multi-Utilities — continued
|
||
CenterPoint Energy, Inc. 2.95%, 3/1/2030
|
30,000
|
25,758
|
CMS Energy Corp. 4.88%, 3/1/2044
|
18,000
|
15,955
|
Consolidated Edison Co. of New York, Inc.
|
|
|
Series 12-A, 4.20%, 3/15/2042
|
23,000
|
18,686
|
3.70%, 11/15/2059
|
1,861,000
|
1,268,312
|
Consumers Energy Co.
|
|
|
4.63%, 5/15/2033
|
200,000
|
191,349
|
3.95%, 5/15/2043
|
271,000
|
216,653
|
3.10%, 8/15/2050
|
10,000
|
6,745
|
Dominion Energy, Inc.
|
|
|
Series D, 2.85%, 8/15/2026
|
150,000
|
139,672
|
Series C, 3.38%, 4/1/2030
|
30,000
|
26,698
|
Series A, 4.35%, 8/15/2032
|
150,000
|
137,112
|
Series C, 4.05%, 9/15/2042
|
40,000
|
30,449
|
4.70%, 12/1/2044
|
249,000
|
205,520
|
DTE Energy Co. 2.95%, 3/1/2030
|
538,000
|
459,279
|
NiSource, Inc.
|
|
|
3.49%, 5/15/2027
|
10,000
|
9,452
|
2.95%, 9/1/2029
|
30,000
|
26,564
|
5.40%, 6/30/2033
|
30,000
|
29,740
|
5.25%, 2/15/2043
|
283,000
|
256,166
|
4.38%, 5/15/2047
|
95,000
|
76,131
|
NorthWestern Corp. 4.18%, 11/15/2044
|
54,000
|
41,902
|
PG&E Energy Recovery Funding LLC Series A-1, 1.46%, 7/15/2031
|
414,450
|
359,556
|
Public Service Enterprise Group, Inc.
|
|
|
1.60%, 8/15/2030
|
84,000
|
66,148
|
6.13%, 10/15/2033
|
200,000
|
206,868
|
Puget Sound Energy, Inc.
|
|
|
5.80%, 3/15/2040
|
80,000
|
78,516
|
3.25%, 9/15/2049
|
232,000
|
151,137
|
2.89%, 9/15/2051
|
200,000
|
121,870
|
San Diego Gas & Electric Co. Series XXX, 3.00%, 3/15/2032
|
50,000
|
42,512
|
Sempra
|
|
|
5.50%, 8/1/2033
|
30,000
|
29,768
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.87%), 4.13%, 4/1/2052 (d)
|
9,000
|
7,351
|
Southern Co. Gas Capital Corp.
|
|
|
5.15%, 9/15/2032
|
850,000
|
828,709
|
4.40%, 5/30/2047
|
100,000
|
78,652
|
|
|
9,358,583
|
Office REITs — 0.2%
|
||
Alexandria Real Estate Equities, Inc.
|
|
|
3.95%, 1/15/2028
|
50,000
|
46,962
|
2.00%, 5/18/2032
|
229,000
|
172,887
|
Boston Properties LP
|
|
|
3.65%, 2/1/2026
|
150,000
|
141,880
|
2.75%, 10/1/2026
|
65,000
|
58,900
|
3.25%, 1/30/2031
|
660,000
|
535,077
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Office REITs — continued
|
||
2.55%, 4/1/2032
|
708,000
|
527,724
|
2.45%, 10/1/2033
|
532,000
|
373,136
|
Highwoods Realty LP 4.13%, 3/15/2028
|
58,000
|
52,041
|
Hudson Pacific Properties LP
|
|
|
3.95%, 11/1/2027
|
253,000
|
198,975
|
4.65%, 4/1/2029
|
15,000
|
11,291
|
Kilroy Realty LP 2.65%, 11/15/2033
|
1,623,000
|
1,126,884
|
|
|
3,245,757
|
Oil, Gas & Consumable Fuels — 1.6%
|
||
Apache Corp. 4.75%, 4/15/2043
|
89,000
|
67,012
|
Boardwalk Pipelines LP 4.80%, 5/3/2029
|
183,000
|
175,119
|
BP Capital Markets America, Inc.
|
|
|
3.80%, 9/21/2025
|
30,000
|
29,423
|
1.75%, 8/10/2030
|
50,000
|
40,997
|
2.72%, 1/12/2032
|
230,000
|
194,133
|
3.06%, 6/17/2041
|
25,000
|
18,282
|
3.00%, 2/24/2050
|
923,000
|
611,299
|
2.94%, 6/4/2051
|
198,000
|
128,118
|
3.00%, 3/17/2052
|
85,000
|
55,474
|
BP Capital Markets plc (United Kingdom) 3.28%, 9/19/2027
|
30,000
|
28,462
|
Canadian Natural Resources Ltd. (Canada)
|
|
|
2.05%, 7/15/2025
|
2,136,000
|
2,016,711
|
3.85%, 6/1/2027
|
30,000
|
28,545
|
2.95%, 7/15/2030
|
17,000
|
14,499
|
Cenovus Energy, Inc. (Canada) 5.40%, 6/15/2047
|
109,000
|
97,382
|
Cheniere Energy, Inc. 4.63%, 10/15/2028
|
391,000
|
372,239
|
Chevron Corp.
|
|
|
1.55%, 5/11/2025
|
74,000
|
70,423
|
2.00%, 5/11/2027
|
10,000
|
9,155
|
Chevron USA, Inc. 0.69%, 8/12/2025
|
1,205,000
|
1,122,040
|
CNOOC Petroleum North America ULC (China) 5.88%, 3/10/2035
|
275,000
|
279,585
|
Continental Resources, Inc. 4.38%, 1/15/2028
|
229,000
|
216,794
|
Devon Energy Corp.
|
|
|
4.50%, 1/15/2030
|
1,048,000
|
976,128
|
7.95%, 4/15/2032
|
30,000
|
33,805
|
Diamondback Energy, Inc.
|
|
|
3.13%, 3/24/2031
|
38,000
|
32,757
|
6.25%, 3/15/2053
|
10,000
|
10,061
|
Enbridge, Inc. (Canada)
|
|
|
2.50%, 2/14/2025
|
50,000
|
48,150
|
2.50%, 8/1/2033
|
1,389,000
|
1,084,687
|
3.40%, 8/1/2051
|
10,000
|
6,751
|
Energy Transfer LP
|
|
|
4.75%, 1/15/2026
|
30,000
|
29,496
|
5.50%, 6/1/2027
|
150,000
|
149,862
|
4.95%, 6/15/2028
|
30,000
|
29,304
|
5.25%, 4/15/2029
|
1,000,000
|
983,118
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Oil, Gas & Consumable Fuels — continued
|
||
5.75%, 2/15/2033
|
30,000
|
29,845
|
5.35%, 5/15/2045
|
851,000
|
742,838
|
6.25%, 4/15/2049
|
321,000
|
316,587
|
5.00%, 5/15/2050
|
299,000
|
251,640
|
Enterprise Products Operating LLC
|
|
|
4.45%, 2/15/2043
|
1,238,000
|
1,072,417
|
(3-MONTH CME TERM SOFR + 2.83%), 5.38%, 2/15/2078 (d)
|
67,000
|
58,148
|
EOG Resources, Inc.
|
|
|
3.15%, 4/1/2025
|
859,000
|
834,907
|
4.15%, 1/15/2026
|
1,268,000
|
1,242,864
|
EQT Corp. 7.00%, 2/1/2030 (b)
|
200,000
|
209,800
|
Equinor ASA (Norway)
|
|
|
2.88%, 4/6/2025
|
644,000
|
625,255
|
3.95%, 5/15/2043
|
169,000
|
139,531
|
Exxon Mobil Corp.
|
|
|
2.99%, 3/19/2025
|
227,000
|
220,977
|
3.29%, 3/19/2027
|
30,000
|
28,764
|
3.48%, 3/19/2030
|
1,000,000
|
925,949
|
4.11%, 3/1/2046
|
657,000
|
554,562
|
3.45%, 4/15/2051
|
130,000
|
96,266
|
Hess Corp.
|
|
|
7.88%, 10/1/2029
|
49,000
|
55,211
|
7.30%, 8/15/2031
|
287,000
|
324,120
|
Kinder Morgan Energy Partners LP
|
|
|
6.50%, 2/1/2037
|
105,000
|
105,804
|
6.38%, 3/1/2041
|
202,000
|
198,555
|
Kinder Morgan, Inc.
|
|
|
2.00%, 2/15/2031
|
326,000
|
259,212
|
4.80%, 2/1/2033
|
2,001,000
|
1,862,058
|
5.55%, 6/1/2045
|
217,000
|
196,182
|
5.20%, 3/1/2048
|
842,000
|
726,125
|
Marathon Oil Corp.
|
|
|
4.40%, 7/15/2027
|
195,000
|
186,841
|
6.80%, 3/15/2032
|
98,000
|
102,681
|
Marathon Petroleum Corp.
|
|
|
5.13%, 12/15/2026
|
83,000
|
82,884
|
6.50%, 3/1/2041
|
170,000
|
174,586
|
MPLX LP
|
|
|
5.20%, 3/1/2047
|
490,000
|
425,947
|
4.70%, 4/15/2048
|
165,000
|
133,868
|
4.90%, 4/15/2058
|
352,000
|
278,152
|
Occidental Petroleum Corp.
|
|
|
5.50%, 12/1/2025
|
30,000
|
29,928
|
5.55%, 3/15/2026
|
30,000
|
29,959
|
8.88%, 7/15/2030
|
200,000
|
228,438
|
ONEOK, Inc.
|
|
|
4.55%, 7/15/2028
|
560,000
|
538,326
|
3.10%, 3/15/2030
|
27,000
|
23,432
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Oil, Gas & Consumable Fuels — continued
|
||
4.45%, 9/1/2049
|
100,000
|
77,676
|
Ovintiv, Inc.
|
|
|
5.65%, 5/15/2028
|
497,000
|
495,767
|
6.25%, 7/15/2033
|
28,000
|
27,955
|
6.50%, 8/15/2034
|
200,000
|
203,508
|
Phillips 66 2.15%, 12/15/2030
|
250,000
|
203,628
|
Phillips 66 Co. 3.75%, 3/1/2028
|
1,141,000
|
1,075,258
|
Pioneer Natural Resources Co. 1.13%, 1/15/2026
|
814,000
|
747,762
|
Plains All American Pipeline LP
|
|
|
3.55%, 12/15/2029
|
30,000
|
26,791
|
6.65%, 1/15/2037
|
36,000
|
37,134
|
Sabine Pass Liquefaction LLC
|
|
|
5.88%, 6/30/2026
|
150,000
|
151,443
|
4.20%, 3/15/2028
|
150,000
|
143,352
|
Targa Resources Partners LP
|
|
|
6.50%, 7/15/2027
|
450,000
|
454,863
|
4.00%, 1/15/2032
|
50,000
|
43,498
|
TC PipeLines LP 4.38%, 3/13/2025
|
400,000
|
392,816
|
Tosco Corp. 8.13%, 2/15/2030
|
343,000
|
391,838
|
TransCanada PipeLines Ltd. (Canada)
|
|
|
2.50%, 10/12/2031
|
225,000
|
181,051
|
4.75%, 5/15/2038
|
726,000
|
632,372
|
Transcontinental Gas Pipe Line Co. LLC 4.45%, 8/1/2042
|
272,000
|
223,739
|
Valero Energy Corp.
|
|
|
3.40%, 9/15/2026
|
648,000
|
615,185
|
2.80%, 12/1/2031
|
220,000
|
180,097
|
3.65%, 12/1/2051
|
504,000
|
345,264
|
Western Midstream Operating LP
|
|
|
4.75%, 8/15/2028
|
30,000
|
28,827
|
5.30%, 3/1/2048
|
624,000
|
514,542
|
Williams Cos., Inc. (The)
|
|
|
3.75%, 6/15/2027
|
1,037,000
|
983,114
|
5.65%, 3/15/2033
|
75,000
|
75,294
|
4.90%, 1/15/2045
|
143,000
|
121,647
|
3.50%, 10/15/2051
|
173,000
|
117,072
|
|
|
30,763,963
|
Paper & Forest Products — 0.0% ^
|
||
Suzano Austria GmbH (Brazil) 6.00%, 1/15/2029
|
364,000
|
360,122
|
Suzano International Finance BV (Brazil) 5.50%, 1/17/2027
|
200,000
|
197,674
|
|
|
557,796
|
Passenger Airlines — 0.0% ^
|
||
Southwest Airlines Co.
|
|
|
5.13%, 6/15/2027
|
150,000
|
148,401
|
2.63%, 2/10/2030
|
30,000
|
25,371
|
|
|
173,772
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Personal Care Products — 0.1%
|
||
Estee Lauder Cos., Inc. (The)
|
|
|
4.38%, 5/15/2028
|
300,000
|
292,708
|
2.38%, 12/1/2029
|
30,000
|
25,875
|
Kenvue, Inc.
|
|
|
5.35%, 3/22/2026
|
300,000
|
302,364
|
5.05%, 3/22/2028
|
180,000
|
181,200
|
5.00%, 3/22/2030
|
330,000
|
331,398
|
4.90%, 3/22/2033
|
330,000
|
327,275
|
|
|
1,460,820
|
Pharmaceuticals — 0.9%
|
||
Astrazeneca Finance LLC (United Kingdom) 1.75%, 5/28/2028
|
3,548,000
|
3,122,731
|
AstraZeneca plc (United Kingdom)
|
|
|
3.38%, 11/16/2025
|
22,000
|
21,320
|
1.38%, 8/6/2030
|
69,000
|
55,535
|
Bristol-Myers Squibb Co.
|
|
|
1.13%, 11/13/2027
|
168,000
|
146,428
|
3.40%, 7/26/2029
|
30,000
|
27,859
|
1.45%, 11/13/2030
|
35,000
|
27,802
|
3.25%, 8/1/2042
|
10,000
|
7,313
|
4.63%, 5/15/2044
|
27,000
|
23,942
|
4.25%, 10/26/2049
|
820,000
|
678,565
|
3.90%, 3/15/2062
|
300,000
|
221,136
|
Eli Lilly & Co.
|
|
|
3.10%, 5/15/2027
|
115,000
|
108,976
|
4.70%, 2/27/2033
|
150,000
|
148,831
|
2.25%, 5/15/2050
|
2,409,000
|
1,451,036
|
2.50%, 9/15/2060
|
246,000
|
141,328
|
Johnson & Johnson
|
|
|
0.55%, 9/1/2025
|
2,426,000
|
2,255,088
|
3.40%, 1/15/2038
|
267,000
|
224,689
|
Merck & Co., Inc.
|
|
|
1.70%, 6/10/2027
|
613,000
|
552,583
|
3.40%, 3/7/2029
|
785,000
|
735,614
|
3.60%, 9/15/2042
|
10,000
|
7,994
|
Pfizer Investment Enterprises Pte. Ltd. 4.75%, 5/19/2033
|
30,000
|
29,172
|
Pfizer, Inc.
|
|
|
3.00%, 12/15/2026
|
10,000
|
9,496
|
3.60%, 9/15/2028 (c)
|
835,000
|
799,615
|
3.45%, 3/15/2029
|
220,000
|
207,388
|
1.75%, 8/18/2031
|
325,000
|
259,578
|
4.00%, 12/15/2036
|
318,000
|
286,442
|
Pharmacia LLC 6.60%, 12/1/2028 (b)
|
350,000
|
374,008
|
Royalty Pharma plc
|
|
|
1.75%, 9/2/2027
|
854,000
|
747,759
|
3.30%, 9/2/2040
|
80,000
|
56,061
|
Takeda Pharmaceutical Co. Ltd. (Japan)
|
|
|
2.05%, 3/31/2030
|
894,000
|
740,130
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Pharmaceuticals — continued
|
||
3.03%, 7/9/2040
|
500,000
|
360,662
|
Viatris, Inc.
|
|
|
2.30%, 6/22/2027
|
450,000
|
397,691
|
3.85%, 6/22/2040
|
1,740,000
|
1,207,389
|
4.00%, 6/22/2050
|
743,000
|
482,071
|
Wyeth LLC 5.95%, 4/1/2037
|
557,000
|
587,600
|
Zoetis, Inc. 2.00%, 5/15/2030
|
30,000
|
24,843
|
|
|
16,528,675
|
Professional Services — 0.1%
|
||
Automatic Data Processing, Inc. 1.25%, 9/1/2030
|
15,000
|
12,063
|
Broadridge Financial Solutions, Inc. 2.90%, 12/1/2029
|
30,000
|
26,013
|
Concentrix Corp. 6.60%, 8/2/2028
|
115,000
|
114,922
|
Equifax, Inc. 2.35%, 9/15/2031
|
393,000
|
312,937
|
Thomson Reuters Corp. (Canada) 3.35%, 5/15/2026
|
606,000
|
577,973
|
Verisk Analytics, Inc. 5.75%, 4/1/2033
|
30,000
|
30,521
|
|
|
1,074,429
|
Real Estate Management & Development — 0.0% ^
|
||
CBRE Services, Inc. 2.50%, 4/1/2031
|
22,000
|
17,603
|
Residential REITs — 0.1%
|
||
American Homes 4 Rent LP 4.90%, 2/15/2029
|
224,000
|
215,325
|
AvalonBay Communities, Inc.
|
|
|
1.90%, 12/1/2028
|
443,000
|
381,655
|
2.30%, 3/1/2030
|
494,000
|
415,131
|
2.45%, 1/15/2031
|
22,000
|
18,201
|
Camden Property Trust 4.10%, 10/15/2028
|
245,000
|
232,699
|
ERP Operating LP 4.15%, 12/1/2028
|
427,000
|
406,649
|
Essex Portfolio LP 4.50%, 3/15/2048
|
109,000
|
87,234
|
Spirit Realty LP
|
|
|
3.20%, 1/15/2027
|
266,000
|
247,710
|
4.00%, 7/15/2029
|
50,000
|
45,980
|
Sun Communities Operating LP
|
|
|
2.70%, 7/15/2031
|
90,000
|
71,333
|
4.20%, 4/15/2032
|
130,000
|
113,751
|
UDR, Inc. 3.00%, 8/15/2031
|
222,000
|
187,343
|
|
|
2,423,011
|
Retail REITs — 0.0% ^
|
||
Brixmor Operating Partnership LP 4.05%, 7/1/2030
|
500,000
|
449,183
|
Kimco Realty OP LLC 4.60%, 2/1/2033
|
288,000
|
263,859
|
|
|
713,042
|
Semiconductors & Semiconductor Equipment — 0.5%
|
||
Analog Devices, Inc.
|
|
|
2.10%, 10/1/2031
|
150,000
|
122,224
|
2.80%, 10/1/2041
|
95,000
|
66,729
|
2.95%, 10/1/2051
|
189,000
|
124,777
|
Applied Materials, Inc. 2.75%, 6/1/2050
|
243,000
|
161,108
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Semiconductors & Semiconductor Equipment — continued
|
||
Broadcom, Inc.
|
|
|
4.11%, 9/15/2028
|
46,000
|
43,987
|
4.30%, 11/15/2032
|
47,000
|
43,176
|
3.14%, 11/15/2035 (g)
|
200,000
|
155,754
|
3.19%, 11/15/2036 (g)
|
10,000
|
7,639
|
4.93%, 5/15/2037 (g)
|
1,004,000
|
919,877
|
3.50%, 2/15/2041 (g)
|
350,000
|
261,281
|
Intel Corp.
|
|
|
3.15%, 5/11/2027
|
30,000
|
28,379
|
2.45%, 11/15/2029
|
30,000
|
26,395
|
4.15%, 8/5/2032
|
150,000
|
142,151
|
2.80%, 8/12/2041
|
1,570,000
|
1,110,092
|
4.25%, 12/15/2042
|
2,000,000
|
1,706,709
|
3.73%, 12/8/2047
|
20,000
|
15,359
|
5.70%, 2/10/2053
|
255,000
|
259,381
|
KLA Corp.
|
|
|
4.65%, 11/1/2024
|
59,000
|
58,535
|
3.30%, 3/1/2050
|
190,000
|
135,601
|
Lam Research Corp.
|
|
|
3.75%, 3/15/2026
|
30,000
|
29,170
|
2.88%, 6/15/2050
|
20,000
|
13,083
|
Marvell Technology, Inc. 2.45%, 4/15/2028
|
150,000
|
132,337
|
Micron Technology, Inc.
|
|
|
4.98%, 2/6/2026
|
507,000
|
501,841
|
6.75%, 11/1/2029
|
200,000
|
209,636
|
2.70%, 4/15/2032
|
200,000
|
160,290
|
NVIDIA Corp. 2.85%, 4/1/2030
|
200,000
|
179,456
|
NXP BV (China)
|
|
|
4.30%, 6/18/2029
|
30,000
|
28,255
|
2.65%, 2/15/2032
|
125,000
|
100,694
|
3.25%, 5/11/2041
|
1,261,000
|
900,104
|
QUALCOMM, Inc.
|
|
|
5.40%, 5/20/2033
|
30,000
|
31,230
|
4.50%, 5/20/2052
|
10,000
|
8,663
|
Skyworks Solutions, Inc. 1.80%, 6/1/2026
|
13,000
|
11,935
|
Texas Instruments, Inc.
|
|
|
2.90%, 11/3/2027 (c)
|
1,758,000
|
1,643,564
|
2.70%, 9/15/2051
|
30,000
|
18,892
|
TSMC Arizona Corp. (Taiwan) 1.75%, 10/25/2026
|
1,030,000
|
936,320
|
|
|
10,294,624
|
Software — 0.6%
|
||
Adobe, Inc. 2.15%, 2/1/2027
|
30,000
|
27,752
|
Microsoft Corp.
|
|
|
3.40%, 9/15/2026 (g)
|
30,000
|
28,972
|
3.50%, 2/12/2035 (c)
|
146,000
|
133,395
|
4.20%, 11/3/2035
|
182,000
|
175,344
|
3.45%, 8/8/2036
|
53,000
|
46,669
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Software — continued
|
||
2.53%, 6/1/2050
|
495,000
|
318,260
|
2.50%, 9/15/2050 (g)
|
1,590,000
|
1,009,029
|
4.00%, 2/12/2055
|
1,111,000
|
940,598
|
Oracle Corp.
|
|
|
2.50%, 4/1/2025
|
700,000
|
672,402
|
2.95%, 5/15/2025
|
951,000
|
917,397
|
2.80%, 4/1/2027
|
30,000
|
27,839
|
3.25%, 11/15/2027
|
688,000
|
641,601
|
3.60%, 4/1/2040
|
179,000
|
135,958
|
3.65%, 3/25/2041
|
30,000
|
22,697
|
4.00%, 7/15/2046
|
200,000
|
151,790
|
3.60%, 4/1/2050
|
1,222,000
|
854,399
|
3.95%, 3/25/2051
|
2,119,000
|
1,566,547
|
5.55%, 2/6/2053
|
10,000
|
9,419
|
4.10%, 3/25/2061
|
198,000
|
142,235
|
Roper Technologies, Inc.
|
|
|
1.00%, 9/15/2025
|
200,000
|
185,040
|
1.40%, 9/15/2027
|
30,000
|
26,289
|
2.95%, 9/15/2029
|
30,000
|
26,687
|
1.75%, 2/15/2031
|
79,000
|
62,353
|
Salesforce, Inc.
|
|
|
1.50%, 7/15/2028
|
15,000
|
13,065
|
1.95%, 7/15/2031
|
2,837,000
|
2,325,284
|
VMware, Inc.
|
|
|
3.90%, 8/21/2027
|
190,000
|
181,105
|
1.80%, 8/15/2028
|
100,000
|
85,669
|
2.20%, 8/15/2031
|
156,000
|
123,343
|
Workday, Inc. 3.70%, 4/1/2029
|
250,000
|
232,499
|
|
|
11,083,637
|
Specialized REITs — 0.2%
|
||
American Tower Corp.
|
|
|
4.40%, 2/15/2026
|
10,000
|
9,765
|
3.38%, 10/15/2026
|
30,000
|
28,316
|
2.75%, 1/15/2027
|
130,000
|
119,709
|
3.65%, 3/15/2027
|
30,000
|
28,304
|
3.55%, 7/15/2027
|
18,000
|
16,918
|
5.50%, 3/15/2028
|
30,000
|
29,994
|
5.25%, 7/15/2028
|
30,000
|
29,764
|
Crown Castle, Inc.
|
|
|
3.65%, 9/1/2027
|
150,000
|
140,159
|
3.80%, 2/15/2028
|
20,000
|
18,625
|
4.80%, 9/1/2028
|
30,000
|
29,010
|
4.30%, 2/15/2029
|
56,000
|
52,506
|
3.10%, 11/15/2029
|
920,000
|
799,355
|
2.25%, 1/15/2031
|
185,000
|
147,834
|
2.10%, 4/1/2031
|
350,000
|
275,106
|
2.90%, 4/1/2041
|
430,000
|
290,052
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Specialized REITs — continued
|
||
3.25%, 1/15/2051
|
606,000
|
389,407
|
Equinix, Inc.
|
|
|
2.50%, 5/15/2031
|
566,000
|
460,518
|
3.90%, 4/15/2032
|
125,000
|
110,854
|
3.00%, 7/15/2050
|
42,000
|
26,128
|
Extra Space Storage LP 2.20%, 10/15/2030
|
139,000
|
110,721
|
Public Storage Operating Co. 1.50%, 11/9/2026
|
200,000
|
181,560
|
|
|
3,294,605
|
Specialty Retail — 0.3%
|
||
AutoNation, Inc.
|
|
|
1.95%, 8/1/2028
|
225,000
|
186,519
|
4.75%, 6/1/2030
|
30,000
|
27,851
|
AutoZone, Inc.
|
|
|
4.00%, 4/15/2030
|
475,000
|
439,598
|
5.20%, 8/1/2033
|
30,000
|
29,001
|
Best Buy Co., Inc. 1.95%, 10/1/2030
|
30,000
|
24,056
|
Dick's Sporting Goods, Inc. 4.10%, 1/15/2052
|
314,000
|
209,597
|
Home Depot, Inc. (The)
|
|
|
2.13%, 9/15/2026
|
500,000
|
465,389
|
2.80%, 9/14/2027
|
1,000,000
|
932,793
|
1.88%, 9/15/2031
|
50,000
|
40,265
|
5.88%, 12/16/2036
|
29,000
|
30,960
|
3.50%, 9/15/2056
|
1,023,000
|
734,291
|
Lowe's Cos., Inc.
|
|
|
2.50%, 4/15/2026
|
500,000
|
470,698
|
1.70%, 10/15/2030
|
200,000
|
159,592
|
5.00%, 4/15/2033
|
200,000
|
195,686
|
5.15%, 7/1/2033
|
30,000
|
29,472
|
4.38%, 9/15/2045
|
557,000
|
454,581
|
4.05%, 5/3/2047
|
191,000
|
147,445
|
O'Reilly Automotive, Inc. 3.90%, 6/1/2029
|
428,000
|
401,822
|
Ross Stores, Inc. 0.88%, 4/15/2026
|
150,000
|
134,967
|
TJX Cos., Inc. (The)
|
|
|
1.15%, 5/15/2028 (c)
|
859,000
|
732,136
|
3.88%, 4/15/2030
|
238,000
|
222,647
|
Tractor Supply Co. 5.25%, 5/15/2033
|
10,000
|
9,788
|
|
|
6,079,154
|
Technology Hardware, Storage & Peripherals — 0.4%
|
||
Apple, Inc.
|
|
|
0.70%, 2/8/2026
|
2,087,000
|
1,913,761
|
3.00%, 11/13/2027
|
30,000
|
28,342
|
1.20%, 2/8/2028
|
30,000
|
26,161
|
2.20%, 9/11/2029
|
30,000
|
26,402
|
2.38%, 2/8/2041
|
1,479,000
|
1,039,752
|
3.45%, 2/9/2045
|
1,980,000
|
1,571,356
|
4.38%, 5/13/2045
|
2,104,000
|
1,908,353
|
2.95%, 9/11/2049
|
10,000
|
6,989
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Technology Hardware, Storage & Peripherals — continued
|
||
2.65%, 5/11/2050
|
76,000
|
49,359
|
2.65%, 2/8/2051
|
222,000
|
143,288
|
2.55%, 8/20/2060
|
163,000
|
101,561
|
2.85%, 8/5/2061
|
10,000
|
6,378
|
Dell International LLC
|
|
|
5.85%, 7/15/2025
|
200,000
|
201,034
|
4.90%, 10/1/2026
|
250,000
|
246,736
|
5.25%, 2/1/2028
|
150,000
|
150,399
|
3.38%, 12/15/2041
|
458,000
|
325,745
|
Hewlett Packard Enterprise Co.
|
|
|
4.90%, 10/15/2025 (b)
|
99,000
|
98,017
|
1.75%, 4/1/2026
|
27,000
|
24,849
|
HP, Inc.
|
|
|
3.00%, 6/17/2027
|
23,000
|
21,348
|
2.65%, 6/17/2031
|
303,000
|
248,103
|
5.50%, 1/15/2033
|
150,000
|
148,995
|
NetApp, Inc. 2.70%, 6/22/2030
|
30,000
|
25,354
|
|
|
8,312,282
|
Textiles, Apparel & Luxury Goods — 0.1%
|
||
NIKE, Inc.
|
|
|
2.38%, 11/1/2026
|
10,000
|
9,376
|
3.38%, 11/1/2046
|
22,000
|
16,460
|
PVH Corp. 4.63%, 7/10/2025
|
351,000
|
342,242
|
Ralph Lauren Corp. 3.75%, 9/15/2025
|
543,000
|
527,813
|
Tapestry, Inc. 4.13%, 7/15/2027
|
188,000
|
173,521
|
VF Corp. 2.95%, 4/23/2030
|
205,000
|
165,867
|
|
|
1,235,279
|
Tobacco — 0.2%
|
||
Altria Group, Inc.
|
|
|
3.40%, 2/4/2041
|
405,000
|
280,195
|
5.38%, 1/31/2044
|
658,000
|
636,412
|
3.88%, 9/16/2046
|
50,000
|
35,171
|
BAT Capital Corp. (United Kingdom)
|
|
|
2.26%, 3/25/2028
|
150,000
|
131,415
|
3.46%, 9/6/2029
|
250,000
|
222,737
|
2.73%, 3/25/2031
|
76,000
|
61,777
|
6.42%, 8/2/2033
|
181,000
|
184,321
|
4.39%, 8/15/2037
|
1,562,000
|
1,260,620
|
3.73%, 9/25/2040
|
471,000
|
332,835
|
4.76%, 9/6/2049
|
116,000
|
86,648
|
Philip Morris International, Inc.
|
|
|
3.25%, 11/10/2024
|
126,000
|
123,315
|
3.38%, 8/15/2029
|
40,000
|
36,274
|
4.88%, 11/15/2043
|
449,000
|
395,917
|
4.25%, 11/10/2044
|
239,000
|
193,167
|
Reynolds American, Inc. (United Kingdom) 5.70%, 8/15/2035
|
30,000
|
28,165
|
|
|
4,008,969
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Corporate Bonds — continued
|
||
Trading Companies & Distributors — 0.0% ^
|
||
Air Lease Corp. 4.25%, 9/15/2024
|
306,000
|
301,557
|
WW Grainger, Inc. 1.85%, 2/15/2025
|
21,000
|
20,157
|
|
|
321,714
|
Water Utilities — 0.1%
|
||
American Water Capital Corp.
|
|
|
3.45%, 6/1/2029
|
870,000
|
799,846
|
6.59%, 10/15/2037
|
73,000
|
80,816
|
Essential Utilities, Inc. 4.28%, 5/1/2049
|
75,000
|
57,771
|
|
|
938,433
|
Wireless Telecommunication Services — 0.5%
|
||
America Movil SAB de CV (Mexico) 3.63%, 4/22/2029
|
934,000
|
858,257
|
Rogers Communications, Inc. (Canada)
|
|
|
2.95%, 3/15/2025
|
315,000
|
303,861
|
2.90%, 11/15/2026
|
392,000
|
365,469
|
3.20%, 3/15/2027
|
82,000
|
76,407
|
3.80%, 3/15/2032
|
93,000
|
80,968
|
5.00%, 3/15/2044
|
339,000
|
291,267
|
T-Mobile USA, Inc.
|
|
|
2.63%, 4/15/2026
|
11,000
|
10,342
|
2.55%, 2/15/2031
|
200,000
|
165,773
|
2.88%, 2/15/2031
|
215,000
|
182,204
|
2.25%, 11/15/2031
|
2,007,000
|
1,597,829
|
4.38%, 4/15/2040
|
1,503,000
|
1,284,505
|
3.00%, 2/15/2041
|
3,580,000
|
2,521,455
|
Vodafone Group plc (United Kingdom) 4.38%, 5/30/2028
|
1,776,000
|
1,741,156
|
|
|
9,479,493
|
Total Corporate Bonds
(Cost $490,276,266)
|
|
476,842,384
|
Commercial Mortgage-Backed Securities — 1.8%
|
||
BANK
|
|
|
Series 2017-BNK4, Class ASB, 3.42%, 5/15/2050
|
19,369
|
18,641
|
Series 2019-BN16, Class A4, 4.01%, 2/15/2052
|
60,000
|
55,429
|
Series 2019-BN21, Class A5, 2.85%, 10/17/2052
|
60,000
|
51,196
|
Series 2019-BN23, Class A3, 2.92%, 12/15/2052
|
142,000
|
121,610
|
Series 2018-BN10, Class A5, 3.69%, 2/15/2061
|
20,000
|
18,506
|
Series 2018-BN10, Class AS, 3.90%, 2/15/2061 (f)
|
180,000
|
165,111
|
Series 2019-BN19, Class A3, 3.18%, 8/15/2061
|
100,000
|
85,561
|
Series 2018-BN13, Class C, 4.68%, 8/15/2061 (f)
|
500,000
|
371,030
|
Series 2019-BN22, Class A4, 2.98%, 11/15/2062
|
260,000
|
223,625
|
Series 2020-BN26, Class A4, 2.40%, 3/15/2063
|
500,000
|
410,385
|
Series 2021-BN36, Class A5, 2.47%, 9/15/2064
|
500,000
|
400,791
|
Bank of America Merrill Lynch Commercial Mortgage Trust Series 2017-BNK3, Class A4,
3.57%, 2/15/2050
|
20,000
|
18,704
|
BBCMS Mortgage Trust Series 2018-C2, Class A5, 4.31%, 12/15/2051
|
40,000
|
37,640
|
Benchmark Mortgage Trust
|
|
|
Series 2018-B1, Class A5, 3.67%, 1/15/2051 (f)
|
50,000
|
45,881
|
Series 2018-B2, Class B, 4.43%, 2/15/2051 (f)
|
20,000
|
16,926
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Commercial Mortgage-Backed Securities — continued
|
||
Series 2018-B5, Class A4, 4.21%, 7/15/2051
|
110,000
|
102,753
|
Series 2018-B6, Class A2, 4.20%, 10/10/2051
|
32,832
|
32,436
|
Series 2018-B8, Class A5, 4.23%, 1/15/2052
|
40,000
|
36,822
|
Series 2019-B11, Class A2, 3.41%, 5/15/2052
|
204,155
|
200,749
|
Series 2020-B16, Class AM, 2.94%, 2/15/2053 (f)
|
180,000
|
147,207
|
Series 2021-B31, Class A5, 2.67%, 12/15/2054
|
600,000
|
481,454
|
Series 2019-B13, Class A3, 2.70%, 8/15/2057
|
450,000
|
382,490
|
Cantor Commercial Real Estate Lending Series 2019-CF2, Class AS, 3.12%, 11/15/2052
|
75,000
|
61,913
|
CD Mortgage Trust
|
|
|
Series 2017-CD6, Class ASB, 3.33%, 11/13/2050
|
16,013
|
15,356
|
Series 2017-CD6, Class AM, 3.71%, 11/13/2050 (f)
|
30,000
|
26,476
|
Series 2018-CD7, Class A3, 4.01%, 8/15/2051
|
397,839
|
362,983
|
CFCRE Commercial Mortgage Trust
|
|
|
Series 2017-C8, Class A4, 3.57%, 6/15/2050
|
30,000
|
27,713
|
Series 2016-C7, Class ASB, 3.64%, 12/10/2054
|
11,249
|
10,880
|
Citigroup Commercial Mortgage Trust
|
|
|
Series 2014-GC23, Class B, 4.17%, 7/10/2047 (f)
|
30,000
|
29,070
|
Series 2015-GC29, Class C, 4.28%, 4/10/2048 (f)
|
40,000
|
37,560
|
Series 2016-C1, Class AAB, 3.00%, 5/10/2049
|
45,466
|
44,042
|
Series 2019-GC43, Class A4, 3.04%, 11/10/2052
|
1,000,000
|
848,721
|
Commercial Mortgage Trust
|
|
|
Series 2013-CR13, Class B, 5.16%, 11/10/2046 (f)
|
364,000
|
362,265
|
Series 2014-UBS5, Class AM, 4.19%, 9/10/2047 (f)
|
40,000
|
37,788
|
Series 2014-CR20, Class A3, 3.33%, 11/10/2047
|
36,746
|
36,140
|
Series 2014-UBS6, Class A4, 3.38%, 12/10/2047
|
104,600
|
102,377
|
Series 2015-LC19, Class A4, 3.18%, 2/10/2048
|
250,000
|
241,526
|
Series 2015-LC21, Class AM, 4.04%, 7/10/2048 (f)
|
30,000
|
28,343
|
Series 2015-CR25, Class A4, 3.76%, 8/10/2048
|
30,000
|
28,733
|
Series 2015-PC1, Class A5, 3.90%, 7/10/2050
|
300,000
|
290,378
|
CSAIL Commercial Mortgage Trust
|
|
|
Series 2015-C3, Class A4, 3.72%, 8/15/2048
|
30,000
|
28,729
|
Series 2016-C5, Class A5, 3.76%, 11/15/2048
|
27,000
|
25,810
|
Series 2019-C15, Class A4, 4.05%, 3/15/2052
|
210,000
|
193,626
|
DBGS Mortgage Trust Series 2018-C1, Class A4, 4.47%, 10/15/2051
|
20,000
|
18,480
|
DBJPM Mortgage Trust Series 2017-C6, Class A5, 3.33%, 6/10/2050
|
20,000
|
18,355
|
FHLMC, Multi-Family Structured Pass-Through Certificates
|
|
|
Series K725, Class AM, 3.10%, 2/25/2024 (f)
|
50,000
|
49,663
|
Series K728, Class A2, 3.06%, 8/25/2024 (f)
|
42,493
|
41,732
|
Series K040, Class A2, 3.24%, 9/25/2024
|
70,000
|
68,783
|
Series K731, Class A2, 3.60%, 2/25/2025 (f)
|
43,346
|
42,470
|
Series K051, Class A2, 3.31%, 9/25/2025
|
40,000
|
38,733
|
Series K735, Class A2, 2.86%, 5/25/2026
|
49,046
|
46,702
|
Series K057, Class A2, 2.57%, 7/25/2026
|
63,000
|
59,430
|
Series K063, Class A1, 3.05%, 8/25/2026
|
24,883
|
24,079
|
Series K059, Class A2, 3.12%, 9/25/2026 (f)
|
2,000,000
|
1,905,587
|
Series K062, Class A2, 3.41%, 12/25/2026
|
1,000,000
|
957,870
|
Series K064, Class A2, 3.22%, 3/25/2027
|
1,000,000
|
950,560
|
Series K072, Class A2, 3.44%, 12/25/2027
|
400,000
|
379,374
|
Series K092, Class A1, 3.13%, 10/25/2028
|
892,648
|
851,538
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Commercial Mortgage-Backed Securities — continued
|
||
Series K084, Class A2, 3.78%, 10/25/2028 (f)
|
500,000
|
475,758
|
Series K087, Class A2, 3.77%, 12/25/2028
|
2,000,000
|
1,903,488
|
Series K091, Class A2, 3.51%, 3/25/2029
|
1,000,000
|
937,504
|
Series K097, Class A2, 2.51%, 7/25/2029
|
2,000,000
|
1,766,458
|
Series K096, Class A2, 2.52%, 7/25/2029
|
295,000
|
261,124
|
Series K099, Class A2, 2.60%, 9/25/2029
|
400,000
|
354,131
|
Series K100, Class A2, 2.67%, 9/25/2029
|
400,000
|
355,216
|
Series K102, Class A2, 2.54%, 10/25/2029
|
400,000
|
352,256
|
Series K113, Class A2, 1.34%, 6/25/2030
|
700,000
|
562,409
|
Series K158, Class A1, 3.90%, 7/25/2030
|
1,113,985
|
1,074,059
|
Series K117, Class A2, 1.41%, 8/25/2030
|
1,265,000
|
1,012,452
|
Series K159, Class A2, 3.95%, 11/25/2030 (f)
|
400,000
|
375,368
|
Series K123, Class A2, 1.62%, 12/25/2030
|
500,000
|
402,254
|
Series K125, Class A2, 1.85%, 1/25/2031
|
300,000
|
244,386
|
Series K127, Class A2, 2.11%, 1/25/2031
|
600,000
|
497,630
|
Series K-1512, Class A2, 2.99%, 5/25/2031
|
75,000
|
65,909
|
Series K145, Class A2, 2.58%, 5/25/2032
|
500,000
|
417,684
|
Series K155, Class A3, 3.75%, 4/25/2033
|
545,000
|
494,056
|
Series K157, Class A2, 3.99%, 5/25/2033 (f)
|
250,000
|
235,382
|
Series K156, Class A3, 3.70%, 6/25/2033 (f)
|
91,000
|
82,101
|
Series K-1512, Class A3, 3.06%, 4/25/2034
|
150,000
|
125,012
|
Series K-1513, Class A3, 2.80%, 8/25/2034
|
325,000
|
262,170
|
Series K-1514, Class A2, 2.86%, 10/25/2034
|
400,000
|
321,755
|
Series K-1518, Class A2, 1.86%, 10/25/2035
|
1,100,000
|
779,065
|
FNMA ACES
|
|
|
Series 2014-M2, Class A2, 3.51%, 12/25/2023 (f)
|
2,676
|
2,677
|
Series 2014-M3, Class A2, 3.50%, 1/25/2024 (f)
|
1,999
|
1,989
|
Series 2017-M10, Class AV2, 2.66%, 7/25/2024 (f)
|
25,599
|
25,184
|
Series 2017-M1, Class A2, 2.50%, 10/25/2026 (f)
|
146,824
|
137,196
|
Series 2017-M2, Class A2, 2.92%, 2/25/2027 (f)
|
270,872
|
255,460
|
Series 2017-M7, Class A2, 2.96%, 2/25/2027 (f)
|
274,577
|
259,268
|
Series 2017-M12, Class A2, 3.16%, 6/25/2027 (f)
|
130,245
|
122,917
|
Series 2017-M14, Class A2, 2.96%, 11/25/2027 (f)
|
998,746
|
929,557
|
Series 2018-M10, Class A2, 3.47%, 7/25/2028 (f)
|
40,000
|
37,754
|
Series 2018-M14, Class A2, 3.70%, 8/25/2028 (f)
|
428,962
|
407,350
|
Series 2019-M1, Class A2, 3.66%, 9/25/2028 (f)
|
74,057
|
70,271
|
Series 2019-M22, Class A2, 2.52%, 8/25/2029
|
580,337
|
514,007
|
Series 2021-M2S, Class A2, 1.87%, 10/25/2031 (f)
|
700,000
|
558,926
|
GS Mortgage Securities Trust
|
|
|
Series 2014-GC24, Class AAB, 3.65%, 9/10/2047
|
2,935
|
2,910
|
Series 2014-GC24, Class AS, 4.16%, 9/10/2047 (f)
|
170,000
|
159,741
|
Series 2015-GC28, Class A4, 3.14%, 2/10/2048
|
36,600
|
35,809
|
Series 2015-GC30, Class A4, 3.38%, 5/10/2050
|
25,000
|
23,948
|
Series 2018-GS9, Class A4, 3.99%, 3/10/2051 (f)
|
200,000
|
186,094
|
Series 2019-GSA1, Class A4, 3.05%, 11/10/2052
|
260,000
|
224,007
|
JPMBB Commercial Mortgage Securities Trust
|
|
|
Series 2013-C12, Class C, 4.09%, 7/15/2045 (f)
|
18,559
|
16,928
|
Series 2015-C29, Class B, 4.12%, 5/15/2048 (f)
|
40,000
|
37,041
|
Series 2015-C31, Class A3, 3.80%, 8/15/2048
|
552,527
|
525,872
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Commercial Mortgage-Backed Securities — continued
|
||
JPMCC Commercial Mortgage Securities Trust Series 2017-JP5, Class A5, 3.72%, 3/15/2050
|
600,000
|
561,501
|
JPMDB Commercial Mortgage Securities Trust
|
|
|
Series 2016-C2, Class B, 3.99%, 6/15/2049 (f)
|
20,000
|
15,208
|
Series 2017-C5, Class B, 4.01%, 3/15/2050 (f)
|
20,000
|
14,697
|
Morgan Stanley Bank of America Merrill Lynch Trust
|
|
|
Series 2015-C22, Class AS, 3.56%, 4/15/2048
|
40,000
|
38,043
|
Series 2015-C25, Class ASB, 3.38%, 10/15/2048
|
15,431
|
15,058
|
Series 2015-C25, Class A5, 3.64%, 10/15/2048
|
40,000
|
38,191
|
Series 2016-C31, Class A5, 3.10%, 11/15/2049
|
450,000
|
412,569
|
Series 2016-C32, Class A4, 3.72%, 12/15/2049
|
295,000
|
278,573
|
Morgan Stanley Capital I Trust
|
|
|
Series 2016-UB12, Class A3, 3.34%, 12/15/2049
|
540,925
|
500,387
|
Series 2017-H1, Class C, 4.28%, 6/15/2050 (f)
|
25,000
|
20,265
|
Series 2019-L2, Class A4, 4.07%, 3/15/2052
|
50,000
|
45,804
|
Series 2019-L3, Class A4, 3.13%, 11/15/2052
|
100,000
|
86,239
|
UBS Commercial Mortgage Trust
|
|
|
Series 2017-C2, Class A4, 3.49%, 8/15/2050
|
700,000
|
644,410
|
Series 2017-C4, Class ASB, 3.37%, 10/15/2050
|
30,354
|
29,114
|
Series 2017-C5, Class AS, 3.78%, 11/15/2050 (f)
|
70,000
|
62,368
|
Series 2017-C7, Class AS, 4.06%, 12/15/2050 (f)
|
50,000
|
45,203
|
Wells Fargo Commercial Mortgage Trust
|
|
|
Series 2015-C27, Class A4, 3.19%, 2/15/2048
|
28,047
|
27,138
|
Series 2015-C28, Class A4, 3.54%, 5/15/2048
|
20,000
|
19,170
|
Series 2015-C29, Class A4, 3.64%, 6/15/2048
|
120,000
|
115,206
|
Series 2017-C38, Class A5, 3.45%, 7/15/2050
|
500,000
|
460,299
|
Series 2018-C45, Class A3, 3.92%, 6/15/2051
|
35,928
|
33,175
|
Series 2019-C51, Class A3, 3.06%, 6/15/2052
|
500,000
|
434,906
|
Series 2019-C52, Class A5, 2.89%, 8/15/2052
|
500,000
|
429,860
|
Series 2019-C53, Class A4, 3.04%, 10/15/2052
|
125,000
|
107,988
|
Series 2020-C55, Class A5, 2.73%, 2/15/2053
|
240,000
|
202,138
|
WFRBS Commercial Mortgage Trust
|
|
|
Series 2014-C22, Class A4, 3.49%, 9/15/2057
|
31,287
|
30,739
|
Series 2014-C22, Class A5, 3.75%, 9/15/2057
|
25,000
|
24,266
|
Total Commercial Mortgage-Backed Securities
(Cost $37,729,781)
|
|
34,303,780
|
Foreign Government Securities — 1.6%
|
||
Export Development Canada 3.00%, 5/25/2027
|
105,000
|
99,957
|
Export-Import Bank of Korea
|
|
|
1.13%, 12/29/2026
|
200,000
|
177,437
|
1.25%, 9/21/2030
|
215,000
|
167,946
|
Hungary Government Bond 7.63%, 3/29/2041
|
298,000
|
329,853
|
Italian Republic Government Bond
|
|
|
1.25%, 2/17/2026
|
349,000
|
319,042
|
2.88%, 10/17/2029
|
452,000
|
395,138
|
5.38%, 6/15/2033
|
387,000
|
375,830
|
3.88%, 5/6/2051
|
80,000
|
53,465
|
Japan Bank for International Cooperation
|
|
|
1.75%, 10/17/2024
|
55,000
|
53,267
|
2.13%, 2/10/2025
|
5,000
|
4,818
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Foreign Government Securities — continued
|
||
2.50%, 5/28/2025
|
220,000
|
211,378
|
2.75%, 1/21/2026
|
1,001,000
|
955,893
|
2.38%, 4/20/2026
|
250,000
|
235,575
|
2.25%, 11/4/2026
|
1,380,000
|
1,281,324
|
2.88%, 6/1/2027
|
202,000
|
189,504
|
2.88%, 7/21/2027
|
218,000
|
204,322
|
2.75%, 11/16/2027
|
60,000
|
55,721
|
3.50%, 10/31/2028
|
450,000
|
425,557
|
1.25%, 1/21/2031
|
208,000
|
163,320
|
1.88%, 4/15/2031
|
65,000
|
53,076
|
Japan International Cooperation Agency
|
|
|
2.13%, 10/20/2026
|
656,000
|
606,338
|
2.75%, 4/27/2027
|
65,000
|
60,704
|
3.38%, 6/12/2028
|
876,000
|
825,013
|
1.00%, 7/22/2030
|
710,000
|
554,383
|
Oriental Republic of Uruguay
|
|
|
4.38%, 10/27/2027
|
537,000
|
536,947
|
4.38%, 1/23/2031
|
202,000
|
195,940
|
5.75%, 10/28/2034
|
76,000
|
79,590
|
4.13%, 11/20/2045
|
105,000
|
89,884
|
Province of Alberta
|
|
|
1.00%, 5/20/2025
|
948,000
|
892,984
|
3.30%, 3/15/2028
|
651,000
|
617,336
|
Province of British Columbia
|
|
|
1.75%, 9/27/2024
|
1,056,000
|
1,024,828
|
2.25%, 6/2/2026
|
354,000
|
333,599
|
0.90%, 7/20/2026
|
357,000
|
323,815
|
Province of Ontario
|
|
|
2.50%, 4/27/2026
|
311,000
|
295,257
|
2.30%, 6/15/2026 (c)
|
490,000
|
461,897
|
2.00%, 10/2/2029
|
230,000
|
200,105
|
1.13%, 10/7/2030
|
200,000
|
158,610
|
2.13%, 1/21/2032
|
212,000
|
175,256
|
Province of Quebec
|
|
|
2.88%, 10/16/2024 (c)
|
141,000
|
138,072
|
1.50%, 2/11/2025
|
718,000
|
687,404
|
0.60%, 7/23/2025
|
1,598,000
|
1,488,340
|
2.50%, 4/20/2026
|
132,000
|
125,358
|
1.35%, 5/28/2030
|
225,000
|
183,837
|
Republic of Chile
|
|
|
3.13%, 1/21/2026
|
190,000
|
182,255
|
2.45%, 1/31/2031
|
1,543,000
|
1,304,147
|
2.55%, 1/27/2032
|
70,000
|
58,187
|
2.55%, 7/27/2033
|
541,000
|
431,836
|
3.10%, 5/7/2041 (c)
|
784,000
|
561,866
|
4.34%, 3/7/2042
|
370,000
|
312,525
|
Republic of Indonesia
|
|
|
4.15%, 9/20/2027
|
247,000
|
239,031
|
3.85%, 10/15/2030
|
249,000
|
231,441
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Foreign Government Securities — continued
|
||
4.35%, 1/11/2048
|
785,000
|
670,437
|
3.05%, 3/12/2051
|
349,000
|
241,393
|
5.65%, 1/11/2053
|
55,000
|
55,577
|
Republic of Panama
|
|
|
8.88%, 9/30/2027
|
506,000
|
543,460
|
2.25%, 9/29/2032
|
1,500,000
|
1,052,086
|
6.70%, 1/26/2036
|
78,000
|
74,297
|
6.85%, 3/28/2054 (c)
|
615,000
|
545,429
|
Republic of Peru
|
|
|
2.39%, 1/23/2026
|
305,000
|
286,527
|
4.13%, 8/25/2027
|
70,000
|
67,320
|
8.75%, 11/21/2033
|
10,000
|
12,179
|
3.23%, 7/28/2121
|
335,000
|
193,497
|
Republic of Philippines
|
|
|
5.17%, 10/13/2027
|
90,000
|
90,314
|
9.50%, 2/2/2030
|
304,000
|
373,560
|
5.00%, 7/17/2033
|
80,000
|
79,038
|
2.95%, 5/5/2045
|
574,000
|
394,994
|
3.20%, 7/6/2046
|
551,000
|
388,444
|
4.20%, 3/29/2047
|
70,000
|
57,675
|
Republic of Poland
|
|
|
5.50%, 11/16/2027
|
50,000
|
51,217
|
5.75%, 11/16/2032
|
18,000
|
18,678
|
5.50%, 4/4/2053
|
309,000
|
298,183
|
State of Israel Government Bond 2.75%, 7/3/2030
|
305,000
|
258,861
|
Svensk Exportkredit AB 0.63%, 10/7/2024
|
100,000
|
96,053
|
United Mexican States
|
|
|
11.50%, 5/15/2026
|
519,000
|
602,310
|
4.50%, 4/22/2029
|
457,000
|
438,918
|
3.25%, 4/16/2030
|
505,000
|
444,047
|
2.66%, 5/24/2031
|
500,000
|
408,632
|
4.75%, 4/27/2032
|
750,000
|
697,624
|
3.50%, 2/12/2034
|
250,000
|
203,789
|
6.75%, 9/27/2034
|
335,000
|
349,502
|
6.35%, 2/9/2035
|
500,000
|
505,046
|
4.28%, 8/14/2041
|
365,000
|
285,459
|
5.00%, 4/27/2051 (c)
|
300,000
|
244,684
|
4.40%, 2/12/2052
|
670,000
|
495,437
|
6.34%, 5/4/2053
|
60,000
|
57,361
|
3.77%, 5/24/2061
|
2,160,000
|
1,370,454
|
Total Foreign Government Securities
(Cost $32,553,559)
|
|
31,081,690
|
U.S. Government Agency Securities — 1.3%
|
||
FFCB Funding Corp.
|
|
|
0.39%, 6/17/2024
|
662,000
|
643,428
|
0.57%, 7/2/2024
|
45,000
|
43,723
|
0.69%, 7/22/2025
|
225,000
|
209,592
|
0.57%, 8/12/2025
|
150,000
|
138,804
|
0.61%, 8/25/2025
|
50,000
|
46,376
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Government Agency Securities — continued
|
||
0.53%, 9/29/2025
|
50,000
|
46,162
|
0.60%, 11/24/2025
|
283,000
|
259,814
|
0.75%, 12/16/2026
|
100,000
|
88,904
|
0.69%, 2/2/2027
|
245,000
|
216,377
|
1.30%, 3/30/2027
|
820,000
|
732,756
|
0.79%, 6/21/2027
|
110,000
|
96,199
|
0.84%, 2/2/2028
|
50,000
|
42,842
|
1.12%, 9/1/2028
|
35,000
|
29,811
|
1.10%, 8/10/2029
|
39,000
|
31,997
|
1.23%, 9/10/2029
|
35,000
|
28,604
|
1.68%, 4/29/2030
|
55,000
|
45,560
|
1.23%, 7/29/2030
|
194,000
|
154,636
|
1.15%, 8/12/2030
|
93,000
|
73,651
|
1.24%, 9/3/2030
|
129,000
|
102,548
|
1.32%, 9/9/2030
|
373,000
|
298,026
|
1.24%, 12/23/2030
|
120,000
|
94,278
|
1.38%, 1/14/2031
|
135,000
|
106,161
|
1.30%, 2/3/2031
|
125,000
|
98,023
|
2.23%, 3/12/2035
|
12,000
|
8,872
|
1.69%, 8/20/2035
|
11,000
|
7,623
|
FHLB
|
|
|
2.75%, 6/28/2024
|
75,000
|
73,896
|
1.50%, 8/15/2024
|
2,235,000
|
2,176,097
|
2.88%, 9/13/2024
|
310,000
|
304,281
|
2.75%, 12/13/2024
|
325,000
|
317,058
|
2.38%, 3/14/2025
|
325,000
|
313,812
|
0.50%, 4/14/2025
|
1,495,000
|
1,407,470
|
0.38%, 9/4/2025
|
35,000
|
32,398
|
0.58%, 2/11/2026
|
65,000
|
59,254
|
0.92%, 2/26/2027
|
150,000
|
133,026
|
3.25%, 6/9/2028
|
1,000,000
|
951,084
|
3.25%, 11/16/2028
|
770,000
|
733,227
|
2.13%, 9/14/2029
|
125,000
|
109,556
|
5.50%, 7/15/2036
|
215,000
|
230,507
|
FHLMC
|
|
|
0.38%, 9/23/2025
|
592,000
|
546,866
|
0.60%, 9/30/2025
|
59,000
|
54,634
|
0.63%, 10/27/2025
|
300,000
|
276,740
|
0.70%, 12/23/2025
|
56,000
|
51,398
|
0.80%, 10/27/2026
|
151,000
|
135,035
|
0.90%, 10/13/2027
|
65,000
|
56,556
|
3.87%, 12/14/2029 (h)
|
2,086,000
|
1,579,145
|
6.75%, 3/15/2031
|
458,000
|
518,513
|
6.25%, 7/15/2032
|
726,000
|
813,629
|
4.65%, 11/15/2038 (h)
|
641,000
|
301,877
|
4.44%, 11/15/2038 (h)
|
718,000
|
334,916
|
FNMA
|
|
|
1.75%, 7/2/2024
|
75,000
|
73,459
|
2.63%, 9/6/2024
|
1,088,000
|
1,066,138
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
U.S. Government Agency Securities — continued
|
||
0.65%, 8/14/2025
|
290,000
|
269,728
|
0.38%, 8/25/2025
|
47,000
|
43,563
|
0.50%, 11/7/2025
|
653,000
|
602,049
|
2.13%, 4/24/2026
|
25,000
|
23,600
|
1.88%, 9/24/2026
|
1,796,000
|
1,671,816
|
0.75%, 10/8/2027
|
690,000
|
600,726
|
6.25%, 5/15/2029
|
310,000
|
336,822
|
7.13%, 1/15/2030
|
31,000
|
35,192
|
7.25%, 5/15/2030
|
14,000
|
16,102
|
0.88%, 8/5/2030
|
1,062,000
|
837,999
|
6.63%, 11/15/2030
|
55,000
|
61,634
|
Israel Government AID Bond (Israel)
5.50%, 9/18/2033
|
746,000
|
788,759
|
Tennessee Valley Authority
|
|
|
7.13%, 5/1/2030
|
166,000
|
187,394
|
4.70%, 7/15/2033
|
1,907,000
|
1,901,163
|
6.15%, 1/15/2038
|
35,000
|
38,538
|
5.25%, 9/15/2039
|
312,000
|
314,536
|
4.25%, 9/15/2065
|
272,000
|
225,487
|
Total U.S. Government Agency Securities
(Cost $25,222,203)
|
|
24,250,447
|
Supranational — 1.2%
|
||
African Development Bank (Supranational)
|
|
|
3.38%, 7/7/2025
|
354,000
|
345,570
|
0.88%, 7/22/2026
|
381,000
|
345,779
|
4.38%, 11/3/2027
|
98,000
|
97,582
|
Asian Development Bank (Supranational)
|
|
|
0.38%, 9/3/2025
|
1,753,000
|
1,622,561
|
0.50%, 2/4/2026
|
867,000
|
792,731
|
1.00%, 4/14/2026
|
898,000
|
825,234
|
1.25%, 6/9/2028
|
1,870,000
|
1,627,385
|
Asian Infrastructure Investment Bank (The) (Supranational)
0.50%, 5/28/2025
|
50,000
|
46,778
|
Corp. Andina de Fomento (Supranational)
|
|
|
1.63%, 9/23/2025 (c)
|
832,000
|
776,535
|
2.25%, 2/8/2027
|
155,000
|
140,886
|
European Bank for Reconstruction & Development (Supranational)
0.50%, 5/19/2025
|
143,000
|
133,997
|
European Investment Bank (Supranational)
|
|
|
1.63%, 3/14/2025
|
575,000
|
551,038
|
0.38%, 12/15/2025 (c)
|
2,297,000
|
2,104,839
|
0.38%, 3/26/2026
|
2,598,000
|
2,358,522
|
2.13%, 4/13/2026
|
375,000
|
354,011
|
0.75%, 10/26/2026
|
321,000
|
288,531
|
1.63%, 10/9/2029
|
130,000
|
111,603
|
0.88%, 5/17/2030
|
397,000
|
318,191
|
3.63%, 7/15/2030
|
35,000
|
33,331
|
1.63%, 5/13/2031
|
167,000
|
137,954
|
3.75%, 2/14/2033
|
448,000
|
424,077
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Supranational — continued
|
||
Inter-American Development Bank (Supranational)
|
|
|
0.88%, 4/3/2025
|
10,000
|
9,461
|
7.00%, 6/15/2025
|
91,000
|
93,413
|
0.88%, 4/20/2026
|
86,000
|
78,781
|
2.00%, 6/2/2026
|
82,000
|
76,878
|
4.00%, 1/12/2028
|
584,000
|
573,872
|
1.13%, 7/20/2028
|
79,000
|
68,120
|
3.50%, 9/14/2029
|
15,000
|
14,304
|
4.50%, 9/13/2033
|
200,000
|
199,299
|
3.20%, 8/7/2042
|
1,145,000
|
898,777
|
Inter-American Investment Corp. (Supranational)
4.13%, 2/15/2028
|
1,198,000
|
1,174,771
|
International Bank for Reconstruction & Development (Supranational)
|
|
|
2.13%, 3/3/2025
|
42,000
|
40,521
|
0.63%, 4/22/2025
|
550,000
|
518,345
|
0.38%, 7/28/2025
|
868,000
|
806,353
|
2.50%, 7/29/2025
|
1,296,000
|
1,247,196
|
3.13%, 11/20/2025
|
85,000
|
82,338
|
1.38%, 4/20/2028
|
85,000
|
74,677
|
3.50%, 7/12/2028
|
575,000
|
552,561
|
1.13%, 9/13/2028
|
2,600,000
|
2,232,855
|
3.88%, 2/14/2030
|
1,000,000
|
967,494
|
1.63%, 11/3/2031
|
199,000
|
161,885
|
2.50%, 3/29/2032
|
30,000
|
25,932
|
4.75%, 2/15/2035
|
162,000
|
162,368
|
International Finance Corp. (Supranational)
|
|
|
2.13%, 4/7/2026
|
5,000
|
4,722
|
0.75%, 10/8/2026
|
156,000
|
140,386
|
Nordic Investment Bank (Supranational)
2.63%, 4/4/2025
|
55,000
|
53,276
|
Total Supranational
(Cost $24,535,062)
|
|
23,695,720
|
Asset-Backed Securities — 0.4%
|
||
American Airlines Pass-Through Trust Series 2016-2, Class AA, 3.20%, 6/15/2028
|
47,396
|
42,448
|
American Express Credit Account Master Trust
|
|
|
Series 2022-2, Class A, 3.39%, 5/15/2027
|
800,000
|
777,250
|
Series 2022-3, Class A, 3.75%, 8/15/2027
|
200,000
|
194,745
|
Capital One Multi-Asset Execution Trust
|
|
|
Series 2022-A2, Class A, 3.49%, 5/15/2027
|
750,000
|
729,165
|
Series 2019-A3, Class A3, 2.06%, 8/15/2028
|
400,000
|
369,143
|
CarMax Auto Owner Trust Series 2022-1, Class A4, 1.70%, 8/16/2027
|
365,000
|
336,887
|
Citibank Credit Card Issuance Trust Series 2018-A7, Class A7, 3.96%, 10/13/2030
|
100,000
|
95,266
|
Delta Air Lines Pass-Through Trust Series 2020-1, Class AA, 2.00%, 6/10/2028
|
868,214
|
761,345
|
Discover Card Execution Note Trust Series 2022-A3, Class A3, 3.56%, 7/15/2027
|
750,000
|
728,379
|
Evergy Metro, Inc., 4.20%, 3/15/2048
|
199,000
|
155,358
|
Ford Credit Floorplan Master Owner Trust
|
|
|
Series 2020-2, Class A, 1.06%, 9/15/2027
|
600,000
|
554,624
|
Series 2018-4, Class A, 4.06%, 11/15/2030
|
600,000
|
566,342
|
GM Financial Consumer Automobile Receivables Trust Series 2020-3, Class A4, 0.58%,
1/16/2026
|
500,000
|
487,034
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Asset-Backed Securities — continued
|
||
Toyota Auto Receivables Owner Trust Series 2022-B, Class A3, 2.93%, 9/15/2026
|
600,000
|
585,689
|
United Airlines Pass-Through Trust
|
|
|
Series 2013-1, Class A, 4.30%, 8/15/2025
|
52,006
|
49,700
|
Series 2014-1, Class A, 4.00%, 4/11/2026
|
810,609
|
762,686
|
Series 2020-1, Class A, 5.88%, 10/15/2027
|
45,289
|
45,067
|
Series 2016-2, Class AA, 2.88%, 10/7/2028
|
240,748
|
210,037
|
Verizon Master Trust Series 2022-4, Class A, 3.40%, 11/20/2028
|
1,000,000
|
968,637
|
Total Asset-Backed Securities
(Cost $8,546,874)
|
|
8,419,802
|
Municipal Bonds — 0.3% (i)
|
||
Arizona — 0.0% ^
|
||
City of Tucson, Taxable Series 2021A, COP, AGM, 2.86%, 7/1/2047
|
865,000
|
603,439
|
California — 0.1%
|
||
Bay Area Toll Authority, Toll Bridge
|
|
|
Series 2010S-1, Rev., 6.92%, 4/1/2040
|
40,000
|
44,370
|
Series 2009F-2, Rev., 6.26%, 4/1/2049
|
100,000
|
109,373
|
California State University, Systemwide Series 2021B, Rev., 2.72%, 11/1/2052
|
1,070,000
|
663,914
|
East Bay Municipal Utility District, Water System Series 2010B, Rev., 5.87%, 6/1/2040
|
155,000
|
161,096
|
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Series 2021B,
Rev., 3.29%, 6/1/2042
|
455,000
|
330,521
|
Los Angeles Unified School District, Build America Bonds
|
|
|
Series 2009 KRY, GO, 5.75%, 7/1/2034
|
20,000
|
20,503
|
Series 2010RY, GO, 6.76%, 7/1/2034
|
105,000
|
114,849
|
Regents of the University of California Medical Center Pooled
|
|
|
Series 2010H, Rev., 6.55%, 5/15/2048
|
40,000
|
43,936
|
Series 2020N, Rev., 3.71%, 5/15/2120
|
140,000
|
87,738
|
State of California, Various Purpose
|
|
|
GO, 7.50%, 4/1/2034
|
235,000
|
276,128
|
GO, 7.55%, 4/1/2039
|
400,000
|
476,089
|
Total California
|
|
2,328,517
|
Connecticut — 0.0% ^
|
||
State of Connecticut Series A, GO, 5.85%, 3/15/2032
|
75,000
|
77,346
|
Florida — 0.0% ^
|
||
State Board of Administration Finance Corp. Series 2020A, Rev., 2.15%, 7/1/2030
|
147,000
|
120,465
|
Georgia — 0.0% ^
|
||
Municipal Electric Authority of Georgia Series 2010A, Rev., 7.06%, 4/1/2057
|
48,000
|
49,473
|
Illinois — 0.0% ^
|
||
Chicago O'Hare International Airport, General Airport, Senior Lien Series 2018C, Rev.,
4.47%, 1/1/2049
|
25,000
|
22,003
|
Metropolitan Water Reclamation District of Greater Chicago GO, 5.72%, 12/1/2038
|
55,000
|
56,625
|
Sales Tax Securitization Corp. Series 2019A, Rev., 4.64%, 1/1/2040
|
55,000
|
50,709
|
State of Illinois GO, 5.10%, 6/1/2033
|
410,000
|
394,870
|
Total Illinois
|
|
524,207
|
Nebraska — 0.0% ^
|
||
University of Nebraska Facilities Corp., University System Facilities Series 2019A,
Rev., 3.04%, 10/1/2049
|
50,000
|
35,445
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
Municipal Bonds — continued
|
||
New Jersey — 0.0% ^
|
||
New Jersey Economic Development Authority, Pension Funding Series 1997A, Rev., NATL
- RE, 7.43%, 2/15/2029
|
35,000
|
37,278
|
New Jersey Turnpike Authority Series 2009F, Rev., 7.41%, 1/1/2040
|
250,000
|
296,769
|
Total New Jersey
|
|
334,047
|
New York — 0.0% ^
|
||
Port Authority of New York and New Jersey, Consolidated Series 192, Rev., 4.81%, 10/15/2065
|
120,000
|
108,062
|
Ohio — 0.0% ^
|
||
American Municipal Power, Inc., Combined Hydroelectric Projects Series 2010A, Rev.,
7.83%, 2/15/2041
|
25,000
|
29,691
|
Texas — 0.1%
|
||
Dallas Area Rapid Transit, Senior Lien, Sales Tax Series 2021A, Rev., 2.61%, 12/1/2048
|
100,000
|
64,601
|
Grand Parkway Transportation Corp., System Toll Series 2020B, Rev., 3.24%, 10/1/2052
|
100,000
|
69,424
|
Permanent University Fund - Texas A&M University System Series 2017B, Rev., 3.66%,
7/1/2047
|
325,000
|
258,307
|
State of Texas, Transportation Commission Highway Improvement Series 2010A, GO, 4.68%,
4/1/2040
|
45,000
|
42,014
|
State of Texas, Transportation Commission Mobility Fund Series 2009A, GO, 5.52%, 4/1/2039
|
120,000
|
122,073
|
Texas Private Activity Bond Surface Transportation Corp., North Tarrant Express Managed
Lanes Project, Mobility
Partners LLC Series 2019B, Rev., 3.92%, 12/31/2049
|
300,000
|
230,559
|
Total Texas
|
|
786,978
|
Virginia — 0.1%
|
||
University of Virginia Series 2020, Rev., 2.26%, 9/1/2050
|
1,120,000
|
639,468
|
Total Municipal Bonds
(Cost $7,197,813)
|
|
5,637,138
|
|
SHARES
|
|
Short-Term Investments — 2.9%
|
||
Investment Companies — 2.2%
|
||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 5.28% (j) (k)
(Cost $42,524,827)
|
42,524,827
|
42,524,827
|
Investment of Cash Collateral from Securities Loaned — 0.7%
|
||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 5.52% (j) (k)
|
8,991,147
|
8,993,844
|
JPMorgan U.S. Government Money Market Fund Class IM Shares, 5.28% (j) (k)
|
3,221,073
|
3,221,073
|
Total Investment of Cash Collateral from Securities Loaned
(Cost $12,214,118)
|
|
12,214,917
|
Total Short-Term Investments
(Cost $54,738,945)
|
|
54,739,744
|
Total Investments — 102.2%
(Cost $2,084,154,059)
|
|
1,952,121,982
|
Liabilities in Excess of Other Assets — (2.2)%
|
|
(42,720,137
)
|
NET ASSETS — 100.0%
|
|
1,909,401,845
|
Percentages indicated are based on net assets.
|
Abbreviations
|
|
ACES
|
Alternative Credit Enhancement Securities
|
AGM
|
Insured by Assured Guaranty Municipal Corp.
|
CME
|
Chicago Mercantile Exchange
|
COP
|
Certificate of Participation
|
FFCB
|
Federal Farm Credit Bank
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
FHLB
|
Federal Home Loan Bank
|
FHLMC
|
Federal Home Loan Mortgage Corp.
|
FNMA
|
Federal National Mortgage Association
|
GNMA
|
Government National Mortgage Association
|
GO
|
General Obligation
|
ICE
|
Intercontinental Exchange
|
NATL
|
Insured by National Public Finance Guarantee Corp.
|
RE
|
Reinsured
|
REIT
|
Real Estate Investment Trust
|
Rev.
|
Revenue
|
SOFR
|
Secured Overnight Financing Rate
|
SOFRINDX
|
Compounding index of the Secured Overnight Financing Rate
|
TBA
|
To Be Announced; Security is subject to delayed delivery.
|
UMBS
|
Uniform Mortgage-Backed Securities
|
USD
|
United States Dollar
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
(a)
|
All or a portion of the security is a when-issued security, delayed delivery security,
or forward commitment.
|
|
(b)
|
Step bond. Interest rate is a fixed rate for an initial period that either resets
at a specific date or may reset in the future contingent upon a
predetermined trigger. The interest rate shown is the current rate as of November
30, 2023.
|
|
(c)
|
The security or a portion of this security is on loan at November 30, 2023. The total
value of securities on loan at November 30, 2023 is
$11,620,967.
|
|
(d)
|
Variable or floating rate security, linked to the referenced benchmark. The interest
rate shown is the current rate as of November 30, 2023.
|
|
(e)
|
Contingent Capital security (“CoCo”). CoCos are hybrid debt securities that may be convertible into equity or may be written down if a
pre-specified trigger event occurs. The total value of aggregate CoCo holdings at November 30, 2023 is $557,571 or 0.03% of the Fund’s
net assets as of November 30, 2023.
|
|
(f)
|
Variable or floating rate security, the interest rate of which adjusts periodically
based on changes in current interest rates and prepayments
on the underlying pool of assets. The interest rate shown is the current rate as of
November 30, 2023.
|
|
(g)
|
Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities
Act of 1933, as amended.
|
|
(h)
|
The rate shown is the effective yield as of November 30, 2023.
|
|
(i)
|
The date shown represents the earliest of the prerefunded date, next put date or final
maturity date.
|
|
(j)
|
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.
|
|
(k)
|
The rate shown is the current yield as of November 30, 2023.
|
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
A. Valuation of Investments— Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i)
investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for
which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.
Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required
to determine fair value for securities that do not have readily available market quotations. Under SEC Rule 2a-5 (Good Faith Determinations
of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the “Valuation Designee” to perform fair valuation determinations for the Fund on behalf of the Board subject
to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation
Designee, remains responsible for the valuation determinations.
This oversight by the AVC includes monitoring the appropriateness of fair values based
on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events,
and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to
the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.
Fixed income instruments are valued based on prices received from approved affiliated
and unaffiliated pricing vendors or third party broker-dealers (collectively referred to as “Pricing Services”). The Pricing Services use multiple valuation techniques to determine the valuation of fixed income instruments. In instances where sufficient market activity
exists, the Pricing Services may utilize a market-based approach through which trades or quotes from market makers are used to determine the
valuation of these instruments. In instances where sufficient market activity may not exist, the Pricing Services also utilize proprietary
valuation models which may consider market transactions in comparable securities and the various relationships between securities in determining
fair value and/or market characteristics in order to estimate the relevant cash flows, which are then discounted to calculate the fair
values.
Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s NAV per share as of the report date.
Valuations reflected in this report are as of the report date. As a result, changes
in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.
The various inputs that are used in determining the valuation of the Fund's investments
are summarized into the three broad levels listed below.
•
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 Fund's assumptions in determining the fair value of investments).
A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used
for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.
The following table represents each valuation input as presented on the Schedule of
Portfolio Investments:
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
Investments in Securities
|
|
|
|
|
Asset-Backed Securities
|
$—
|
$8,419,802
|
$—
|
$8,419,802
|
Commercial Mortgage-Backed Securities
|
—
|
34,303,780
|
—
|
34,303,780
|
Corporate Bonds
|
—
|
476,842,384
|
—
|
476,842,384
|
Foreign Government Securities
|
—
|
31,081,690
|
—
|
31,081,690
|
Mortgage-Backed Securities
|
—
|
504,869,169
|
—
|
504,869,169
|
Municipal Bonds
|
—
|
5,637,138
|
—
|
5,637,138
|
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF November 30, 2023 (Unaudited) (continued)
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
Supranational
|
$—
|
$23,695,720
|
$—
|
$23,695,720
|
U.S. Government Agency Securities
|
—
|
24,250,447
|
—
|
24,250,447
|
U.S. Treasury Obligations
|
—
|
788,282,108
|
—
|
788,282,108
|
Short-Term Investments
|
|
|
|
|
Investment Companies
|
42,524,827
|
—
|
—
|
42,524,827
|
Investment of Cash Collateral from Securities
Loaned
|
12,214,917
|
—
|
—
|
12,214,917
|
Total Short-Term Investments
|
54,739,744
|
—
|
—
|
54,739,744
|
Total Investments in Securities
|
$54,739,744
|
$1,897,382,238
|
$—
|
$1,952,121,982
|
B. Investment Transactions with Affiliates — The Fund invested in Underlying Funds advised by the Adviser. An issuer which is
under common control with the Fund may be considered an affiliate. The Fund assumes the
issuers listed in the table below to be affiliated issuers. The Underlying Funds’ distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.
|
|||||||||
For the period ended November 30, 2023
|
|||||||||
Security Description
|
Value at
February 28,
2023
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
November 30,
2023
|
Shares at
November 30,
2023
|
Dividend
Income
|
Capital Gain
Distributions
|
JPMorgan Securities Lending
Money Market Fund
Agency SL Class Shares,
5.52% (a) (b)
|
$12,994,643
|
$39,000,001
|
$43,000,000
|
$(1,599
)
|
$799
|
$8,993,844
|
8,991,147
|
$453,509
|
$—
|
JPMorgan U.S. Government
Money Market Fund
Class IM Shares, 5.28%
(a) (b)
|
2,787,225
|
52,603,013
|
52,169,165
|
—
|
—
|
3,221,073
|
3,221,073
|
85,670
|
—
|
JPMorgan U.S. Government
Money Market Fund
Class IM Shares, 5.28%
(a) (b)
|
91,260,954
|
320,820,883
|
369,557,010
|
—
|
—
|
42,524,827
|
42,524,827
|
5,712,066
|
—
|
Total
|
$107,042,822
|
$412,423,897
|
$464,726,175
|
$(1,599
)
|
$799
|
$54,739,744
|
|
$6,251,245
|
$—
|
|
|
(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 November 30, 2023.
|