Schedule of Investments (unaudited) October 31, 2020 | BlackRock Future Tech ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks |
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Automobiles — 2.1% | ||||||||
Tesla Inc.(a) | 219 | $ | 84,981 | |||||
XPeng Inc., ADR(a) | 2,197 | 42,578 | ||||||
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127,559 | ||||||||
Capital Markets — 1.2% | ||||||||
Tradeweb Markets Inc., Class A | 504 | 27,458 | ||||||
XP Inc., Class A(a) | 1,226 | 49,138 | ||||||
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76,596 | ||||||||
Diversified Consumer Services — 2.5% | ||||||||
Arco Platform Ltd., Class A(a) | 1,108 | 37,761 | ||||||
Chegg Inc.(a) | 1,014 | 74,468 | ||||||
TAL Education Group, ADR(a) | 631 | 41,936 | ||||||
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154,165 | ||||||||
Diversified Financial Services — 0.8% | ||||||||
Dragoneer Growth Opportunities Corp.(a) | 1,962 | 22,955 | ||||||
Novus Capital Corp.(a) | 2,543 | 28,240 | ||||||
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51,195 | ||||||||
Diversified Telecommunication Services — 0.8% | ||||||||
Bandwidth Inc., Class A(a) | 312 | 50,031 | ||||||
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Electronic Equipment, Instruments & Components — 3.8% | ||||||||
Cognex Corp. | 662 | 43,626 | ||||||
Dolby Laboratories Inc., Class A | 485 | 36,414 | ||||||
II-VI Inc.(a) | 1,439 | 65,431 | ||||||
Samsung SDI Co. Ltd. | 230 | 89,592 | ||||||
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235,063 | ||||||||
Entertainment — 6.8% | ||||||||
Bilibili Inc., ADR(a) | 1,216 | 54,319 | ||||||
NCSoft Corp. | 72 | 49,239 | ||||||
NetEase Inc., ADR | 504 | 43,742 | ||||||
Roku Inc.(a) | 337 | 68,209 | ||||||
Take-Two Interactive Software Inc.(a) | 321 | 49,729 | ||||||
Tencent Music Entertainment Group, ADR(a) | 3,218 | 47,884 | ||||||
Ubisoft Entertainment SA(a) | 501 | 44,201 | ||||||
Zynga Inc., Class A(a) | 7,340 | 65,987 | ||||||
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423,310 | ||||||||
Health Care Technology — 2.4% | ||||||||
American Well Corp., Class A(a) | 1,269 | 32,753 | ||||||
GoodRx Holdings Inc., Class A(a) | 782 | 37,841 | ||||||
Livongo Health Inc.(a)(b) | 543 | 75,895 | ||||||
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146,489 | ||||||||
Interactive Media & Services — 4.7% | ||||||||
Kakao Corp. | 298 | 86,666 | ||||||
Snap Inc., Class A, NVS(a) | 2,352 | 92,645 | ||||||
Yandex NV, Class A(a) | 801 | 46,114 | ||||||
ZoomInfo Technologies Inc., Class A(a) | 1,682 | 63,899 | ||||||
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289,324 | ||||||||
Internet & Direct Marketing Retail — 6.5% | ||||||||
Delivery Hero SE(a)(c) | 641 | 73,756 | ||||||
Farfetch Ltd., Class A(a) | 2,517 | 70,803 | ||||||
Meituan, Class B(a) | 1,600 | 59,462 | ||||||
MercadoLibre Inc.(a) | 71 | 86,198 | ||||||
Ocado Group PLC(a) | 1,485 | 43,702 | ||||||
Shop Apotheke Europe NV(a)(c) | 420 | 69,667 | ||||||
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403,588 | ||||||||
IT Services — 17.4% | ||||||||
Adyen NV(a)(c) | 32 | 53,956 |
Security | Shares | Value | ||||||
IT Services (continued) | ||||||||
BASE Inc.(a) | 700 | $ | 75,263 | |||||
Endava PLC, ADR(a) | 893 | 57,063 | ||||||
GDS Holdings Ltd., ADR(a) | 747 | 62,778 | ||||||
GMO Payment Gateway Inc. | 600 | 73,293 | ||||||
Kingsoft Cloud Holdings Ltd., ADR(a) | 1,919 | 55,747 | ||||||
Locaweb Servicos de Internet SA(a)(c) | 7,266 | 87,139 | ||||||
MongoDB Inc.(a) | 259 | 59,174 | ||||||
Okta Inc.(a) | 283 | 59,382 | ||||||
Pagseguro Digital Ltd., Class A(a) | 1,745 | 63,884 | ||||||
Shift4 Payments Inc., Class A(a) | 1,367 | 69,594 | ||||||
Shopify Inc., Class A(a) | 37 | 34,241 | ||||||
Square Inc., Class A(a) | 595 | 92,154 | ||||||
StoneCo Ltd., Class A(a) | 1,349 | 70,876 | ||||||
Twilio Inc., Class A(a) | 298 | 83,133 | ||||||
Tyro Payments Ltd.(a) | 14,016 | 36,418 | ||||||
Wix.com Ltd.(a) | 192 | 47,485 | ||||||
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1,081,580 | ||||||||
Multiline Retail — 1.3% | ||||||||
Magazine Luiza SA | 18,300 | 78,170 | ||||||
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Professional Services — 0.7% | ||||||||
CoStar Group Inc.(a) | 55 | 45,298 | ||||||
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Semiconductors & Semiconductor Equipment — 21.7% |
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ACM Research Inc., Class A(a) | 657 | 46,233 | ||||||
Alchip Technologies Ltd. | 5,000 | 84,692 | ||||||
ASMedia Technology Inc. | 1,000 | 50,169 | ||||||
BE Semiconductor Industries NV | 1,046 | 42,267 | ||||||
Cree Inc.(a) | 1,054 | 67,034 | ||||||
Enphase Energy Inc.(a) | 945 | 92,695 | ||||||
Entegris Inc. | 963 | 72,004 | ||||||
Inphi Corp.(a) | 590 | 82,458 | ||||||
KLA Corp. | 186 | 36,675 | ||||||
Lasertec Corp. | 600 | 51,884 | ||||||
Lattice Semiconductor Corp.(a) | 2,271 | 79,258 | ||||||
Marvell Technology Group Ltd. | 1,647 | 61,779 | ||||||
MKS Instruments Inc. | 435 | 47,150 | ||||||
Monolithic Power Systems Inc. | 261 | 83,416 | ||||||
ON Semiconductor Corp.(a) | 2,040 | 51,184 | ||||||
Power Integrations Inc. | 650 | 39,136 | ||||||
Qorvo Inc.(a) | 535 | 68,138 | ||||||
Silergy Corp. | 1,000 | 61,531 | ||||||
SOITEC(a) | 489 | 69,379 | ||||||
STMicroelectronics NV | 2,409 | 73,380 | ||||||
Ultra Clean Holdings Inc.(a) | 2,099 | 44,688 | ||||||
Will Semiconductor Ltd., Class A | 1,300 | 38,443 | ||||||
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1,343,593 | ||||||||
Software — 25.3% |
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Agora Inc., ADR(a) | 516 | 19,866 | ||||||
Altium Ltd. | 2,536 | 66,214 | ||||||
Atlassian Corp. PLC, Class A(a) | 351 | 67,259 | ||||||
Avalara Inc.(a) | 457 | 68,116 | ||||||
Cloudflare Inc., Class A(a) | 878 | 45,630 | ||||||
Coupa Software Inc.(a) | 199 | 53,272 | ||||||
Crowdstrike Holdings Inc., Class A(a) | 487 | 60,310 | ||||||
Datto Holding Corp.(a) | 2,407 | 68,599 | ||||||
Duck Creek Technologies Inc.(a) | 543 | 23,550 | ||||||
Elastic NV(a) | 550 | 55,775 | ||||||
Five9 Inc.(a) | 534 | 81,018 | ||||||
Freee KK(a) | 1,100 | 86,704 |
| 1 |
Schedule of Investments (unaudited) (continued) October 31, 2020 | BlackRock Future Tech ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Software (continued) |
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Glodon Co. Ltd., Class A | 5,071 | $ | 53,745 | |||||
JFrog Ltd.(a) | 275 | 19,918 | ||||||
Kingdee International Software Group Co. Ltd. | 22,000 | 57,732 | ||||||
Lightspeed POS Inc.(a) | 2,131 | 68,117 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(a) | 17,000 | 72,561 | ||||||
Rakus Co. Ltd. | 3,800 | 75,135 | ||||||
RingCentral Inc., Class A(a) | 253 | 65,360 | ||||||
SVMK Inc.(a) | 2,009 | 42,048 | ||||||
Synopsys Inc.(a) | 337 | 72,071 | ||||||
Trade Desk Inc. (The), Class A(a) | 98 | 55,512 | ||||||
Unity Software Inc.(a) | 687 | 65,183 | ||||||
Weimob Inc.(a)(c) | 35,000 | 44,772 | ||||||
Xero Ltd.(a) | 789 | 61,031 | ||||||
Zendesk Inc.(a) | 529 | 58,687 | ||||||
Zscaler Inc.(a) | 437 | 59,323 | ||||||
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1,567,508 | ||||||||
Specialty Retail — 0.7% | ||||||||
Vroom Inc.(a) | 1,137 | 46,731 | ||||||
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Technology Hardware, Storage & Peripherals — 1.2% | ||||||||
Corsair Gaming Inc.(a) | 2,982 | 71,687 | ||||||
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Total Common Stocks — 99.9% | 6,191,887 | |||||||
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Security | Shares | Value | ||||||
Short-Term Investments |
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Money Market Funds — 0.2% | ||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.04%(d)(e) | 10,000 | $ | 10,000 | |||||
|
| |||||||
Total Short-Term Investments — 0.2% |
| 10,000 | ||||||
|
| |||||||
Total Investments in Securities — 100.1% |
| 6,201,887 | ||||||
Other Assets, Less Liabilities — (0.1)% |
| (3,240 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| $ | 6,198,647 | |||||
|
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(a) | Non-income producing security. |
(b) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(c) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(d) | Affiliate of the Fund. |
(e) | Annualized 7-day yield as of period-end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 09/29/20(a) | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 10/31/20 | Shares Held at 10/31/20 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | $ | — | $ | 10,000 | (b) | $ | — | $ | — | $ | — | $ | 10,000 | 10,000 | $ | 18 | $ | — | ||||||||||||||||||
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(a) | The Fund commenced operations on September 29, 2020. |
(b) | Represents net amount purchased (sold). |
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.
The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of October 31, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 6,043,431 | $ | 72,561 | $ | 75,895 | $ | 6,191,887 | ||||||||
Money Market Funds | 10,000 | — | — | 10,000 | ||||||||||||
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$ | 6,053,431 | $ | 72,561 | $ | 75,895 | $ | 6,201,887 | |||||||||
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2 |
Schedule of Investments (unaudited) (continued) October 31, 2020 | BlackRock Future Tech ETF |
The following table includes a rollforward for the period ended October 31, 2020 of investments whose values are classified as Level 3 as of the beginning or end of the period.
Common Stocks | ||||
Balance at beginning of period(a) | $ | — | ||
Realized gain (loss) and change in unrealized appreciation/depreciation | 680 | |||
Purchases | 75,215 | |||
Sales | — | |||
Transfers in | — | |||
Transfers out | — | |||
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Balance at end of period | $ | 75,895 | ||
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Net change in unrealized appreciation/depreciation on investments still held at end of period | $ | 680 | ||
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(a) | The Fund commenced operations on September 29, 2020. |
The Fund’s investments that are categorized as Level 3 were valued utilizing a single broker quote without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments.
Portfolio Abbreviations - Equity | ||
ADR | American Depositary Receipt | |
NVS | Non-Voting Shares |
SCHEDULES OF INVESTMENTS | 3 |