Schedule of Investments (unaudited) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Aerospace & Defense — 0.2% | ||||||||
Raytheon Technologies Corp. | 26,289 | $ | 2,495,089 | |||||
|
| |||||||
Air Freight & Logistics — 1.0% | ||||||||
CH Robinson Worldwide Inc. | 52,578 | 5,581,155 | ||||||
Expeditors International of Washington Inc. | 29,718 | 2,944,162 | ||||||
FedEx Corp. | 9,836 | 1,954,807 | ||||||
United Parcel Service Inc., Class B | 16,924 | 3,045,981 | ||||||
|
| |||||||
13,526,105 | ||||||||
Airlines — 0.2% | ||||||||
Alaska Air Group Inc.(a) | 61,214 | 3,329,429 | ||||||
|
| |||||||
Auto Components — 0.2% | ||||||||
Aptiv PLC(a) | 19,431 | 2,067,458 | ||||||
|
| |||||||
Automobiles — 2.2% | ||||||||
Ford Motor Co. | 176,545 | 2,499,877 | ||||||
General Motors Co.(a) | 49,018 | 1,858,273 | ||||||
Rivian Automotive Inc., Class A(a)(b) | 4,572 | 138,257 | ||||||
Tesla Inc.(a) | 28,004 | 24,384,763 | ||||||
|
| |||||||
28,881,170 | ||||||||
Banks — 3.6% | ||||||||
Bank of America Corp. | 61,722 | 2,202,241 | ||||||
Bank of Hawaii Corp. | 11,430 | 849,706 | ||||||
Citigroup Inc. | 48,006 | 2,314,369 | ||||||
Citizens Financial Group Inc. | 37,719 | 1,486,129 | ||||||
Comerica Inc. | 4,572 | 374,447 | ||||||
Commerce Bancshares Inc. | 9,387 | 641,789 | ||||||
Fifth Third Bancorp. | 52,928 | 1,986,388 | ||||||
FNB Corp. | 73,152 | 842,711 | ||||||
Huntington Bancshares Inc./OH | 237,744 | 3,126,334 | ||||||
JPMorgan Chase & Co. | 112,178 | 13,389,566 | ||||||
KeyCorp. | 96,012 | 1,853,992 | ||||||
PacWest Bancorp. | 5,715 | 187,966 | ||||||
PNC Financial Services Group Inc. (The) | 21,072 | 3,500,059 | ||||||
Signature Bank/New York NY | 1,143 | 276,892 | ||||||
Truist Financial Corp. | 59,436 | 2,873,731 | ||||||
U.S. Bancorp. | 106,874 | 5,189,801 | ||||||
Wells Fargo & Co. | 122,934 | 5,363,610 | ||||||
Zions Bancorp. NA | 8,001 | 452,137 | ||||||
�� |
| |||||||
46,911,868 | ||||||||
Beverages — 3.1% | ||||||||
Coca-Cola Co. (The) | 289,179 | 18,683,855 | ||||||
Keurig Dr Pepper Inc. | 11,430 | 427,482 | ||||||
Molson Coors Beverage Co., Class B | 61,257 | 3,316,454 | ||||||
PepsiCo Inc. | 108,585 | 18,645,131 | ||||||
|
| |||||||
41,072,922 | ||||||||
Biotechnology — 2.1% | ||||||||
AbbVie Inc. | 96,012 | 14,102,243 | ||||||
Amgen Inc. | 20,574 | 4,797,651 | ||||||
Biogen Inc.(a) | 13,716 | 2,845,247 | ||||||
Gilead Sciences Inc. | 5,715 | 339,128 | ||||||
Incyte Corp.(a) | 12,718 | 953,341 | ||||||
Iovance Biotherapeutics Inc.(a) | 17,145 | 259,747 | ||||||
Moderna Inc.(a) | 12,139 | 1,631,603 | ||||||
Novavax Inc.(a)(b) | 5,760 | 259,603 | ||||||
Vertex Pharmaceuticals Inc.(a) | 9,743 | 2,661,982 | ||||||
|
| |||||||
27,850,545 |
Security | Shares | Value | ||||||
Building Products — 1.8% | ||||||||
A O Smith Corp. | 67,437 | $ | 3,940,344 | |||||
Allegion PLC | 5,715 | 652,882 | ||||||
Builders FirstSource Inc.(a) | 46,863 | 2,885,355 | ||||||
Carrier Global Corp. | 13,716 | 524,911 | ||||||
Johnson Controls International PLC | 186,451 | 11,162,821 | ||||||
Trane Technologies PLC | 29,260 | 4,093,182 | ||||||
|
| |||||||
23,259,495 | ||||||||
Capital Markets — 3.4% | ||||||||
Ameriprise Financial Inc. | 5,715 | 1,517,275 | ||||||
Bank of New York Mellon Corp. (The) | 18,288 | 769,193 | ||||||
BlackRock Inc.(c) | 5,626 | 3,514,450 | ||||||
Blackstone Inc., NVS | 12,573 | 1,277,040 | ||||||
Carlyle Group Inc. (The) | 16,002 | 580,713 | ||||||
Charles Schwab Corp. (The) | 58,293 | 3,866,575 | ||||||
FactSet Research Systems Inc. | 22,860 | 9,223,781 | ||||||
Goldman Sachs Group Inc. (The) | 19,431 | 5,935,976 | ||||||
LPL Financial Holdings Inc. | 5,715 | 1,073,677 | ||||||
MarketAxess Holdings Inc. | 4,572 | 1,205,225 | ||||||
Moody’s Corp. | 12,573 | 3,979,103 | ||||||
Morgan Stanley | 38,467 | 3,100,055 | ||||||
MSCI Inc. | 1,143 | 481,489 | ||||||
Northern Trust Corp. | 5,715 | 588,931 | ||||||
Raymond James Financial Inc. | 3,230 | 314,796 | ||||||
S&P Global Inc. | 18,875 | 7,106,437 | ||||||
State Street Corp. | 3,429 | 229,640 | ||||||
|
| |||||||
44,764,356 | ||||||||
Chemicals — 1.5% | ||||||||
DuPont de Nemours Inc. | 59,436 | 3,918,615 | ||||||
Ecolab Inc. | 34,290 | 5,806,669 | ||||||
Element Solutions Inc. | 42,291 | 872,040 | ||||||
FMC Corp. | 28,175 | 3,734,315 | ||||||
International Flavors & Fragrances Inc. | 5,345 | 648,349 | ||||||
PPG Industries Inc. | 10,973 | 1,404,434 | ||||||
Sherwin-Williams Co. (The) | 11,430 | 3,142,793 | ||||||
|
| |||||||
19,527,215 | ||||||||
Commercial Services & Supplies — 0.5% | ||||||||
Cintas Corp. | 2,559 | 1,016,588 | ||||||
MSA Safety Inc. | 10,140 | 1,223,797 | ||||||
Republic Services Inc. | 5,715 | 767,353 | ||||||
Waste Management Inc. | 18,288 | 3,007,279 | ||||||
|
| |||||||
6,015,017 | ||||||||
Communications Equipment — 1.0% | ||||||||
Arista Networks Inc.(a) | 3,429 | 396,289 | ||||||
Cisco Systems Inc. | 227,457 | 11,140,844 | ||||||
Ubiquiti Inc. | 4,572 | 1,290,447 | ||||||
|
| |||||||
12,827,580 | ||||||||
Construction & Engineering — 0.0% | ||||||||
AECOM | 9,144 | 645,201 | ||||||
|
| |||||||
Consumer Finance — 0.7% | ||||||||
American Express Co. | 28,425 | 4,966,132 | ||||||
Capital One Financial Corp. | 32,004 | 3,988,338 | ||||||
Upstart Holdings Inc.(a)(b) | 2,861 | 214,632 | ||||||
|
| |||||||
9,169,102 | ||||||||
Containers & Packaging — 0.6% | ||||||||
Avery Dennison Corp. | 5,715 | 1,032,129 | ||||||
Ball Corp. | 67,437 | 5,473,187 | ||||||
Westrock Co. | 18,288 | 905,805 | ||||||
|
| |||||||
7,411,121 |
| 1 |
Schedule of Investments (unaudited) (continued) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Distributors — 0.9% | ||||||||
Genuine Parts Co. | 74,738 | $ | 9,719,677 | |||||
Pool Corp. | 6,660 | 2,698,765 | ||||||
|
| |||||||
12,418,442 | ||||||||
Diversified Consumer Services — 0.0% | ||||||||
Bright Horizons Family Solutions Inc.(a) | 1,143 | 130,576 | ||||||
|
| |||||||
Diversified Financial Services — 1.3% | ||||||||
Apollo Global Management Inc. | 21,717 | 1,080,638 | ||||||
Berkshire Hathaway Inc., Class B(a) | 48,006 | 15,497,777 | ||||||
Voya Financial Inc. | 8,500 | 536,690 | ||||||
|
| |||||||
17,115,105 | ||||||||
Diversified Telecommunication Services — 0.8% | ||||||||
AT&T Inc. | 361,188 | 6,812,006 | ||||||
Verizon Communications Inc. | 77,724 | 3,598,621 | ||||||
|
| |||||||
10,410,627 | ||||||||
Electric Utilities — 1.9% | ||||||||
Avangrid Inc. | 24,003 | 1,064,533 | ||||||
Constellation Energy Corp. | 15,225 | 901,472 | ||||||
Edison International | 2,286 | 157,254 | ||||||
Eversource Energy | 133,731 | 11,688,090 | ||||||
Exelon Corp. | 81,153 | 3,796,337 | ||||||
NextEra Energy Inc. | 95,451 | 6,778,930 | ||||||
|
| |||||||
24,386,616 | ||||||||
Electrical Equipment — 0.9% | ||||||||
Acuity Brands Inc. | 17,145 | 2,957,170 | ||||||
Eaton Corp. PLC | 5,715 | 828,789 | ||||||
Emerson Electric Co. | 3,429 | 309,227 | ||||||
Generac Holdings Inc.(a) | 4,572 | 1,003,005 | ||||||
Plug Power Inc.(a)(b) | 37,719 | 792,853 | ||||||
Rockwell Automation Inc. | 21,717 | 5,487,235 | ||||||
Sunrun Inc.(a) | 37,389 | 747,032 | ||||||
Vertiv Holdings Co. | 8,001 | 100,253 | ||||||
|
| |||||||
12,225,564 | ||||||||
Electronic Equipment, Instruments & Components — 0.1% | ||||||||
Amphenol Corp., Class A | 13,716 | 980,694 | ||||||
Arrow Electronics Inc.(a) | 6,858 | 808,284 | ||||||
|
| |||||||
1,788,978 | ||||||||
Energy Equipment & Services — 0.3% | ||||||||
Baker Hughes Co. | 95,584 | 2,965,016 | ||||||
Halliburton Co. | 5,715 | 203,568 | ||||||
Schlumberger NV | 5,715 | 222,942 | ||||||
|
| |||||||
3,391,526 | ||||||||
Entertainment — 1.4% | ||||||||
Activision Blizzard Inc. | 26,289 | 1,987,448 | ||||||
Live Nation Entertainment Inc.(a) | 10,287 | 1,078,901 | ||||||
Netflix Inc.(a) | 25,517 | 4,857,416 | ||||||
Roku Inc.(a) | 4,572 | 424,739 | ||||||
Spotify Technology SA(a) | 8,001 | 813,302 | ||||||
Walt Disney Co. (The)(a) | 74,352 | 8,299,914 | ||||||
Warner Bros. Discovery Inc.(a) | 87,377 | 1,585,892 | ||||||
|
| |||||||
19,047,612 | ||||||||
Equity Real Estate Investment Trusts (REITs) — 3.5% | ||||||||
American Tower Corp. | 8,001 | 1,928,401 | ||||||
AvalonBay Communities Inc. | 1,143 | 260,010 | ||||||
Boston Properties Inc. | 66,968 | 7,875,437 | ||||||
Brixmor Property Group Inc. | 64,856 | 1,646,045 | ||||||
Equinix Inc. | 6,858 | 4,931,451 | ||||||
Equity Residential | 44,635 | 3,637,753 |
Security | Shares | Value | ||||||
Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
Essex Property Trust Inc. | 3,429 | $ | 1,129,067 | |||||
Federal Realty Investment Trust | 34,290 | 4,013,987 | ||||||
Host Hotels & Resorts Inc. | 13,716 | 279,121 | ||||||
Hudson Pacific Properties Inc. | 36,576 | 851,489 | ||||||
Kilroy Realty Corp. | 69,145 | 4,840,150 | ||||||
Kimco Realty Corp. | 58,293 | 1,476,562 | ||||||
Prologis Inc. | 21,717 | 3,481,018 | ||||||
Regency Centers Corp. | 25,146 | 1,730,799 | ||||||
Simon Property Group Inc. | 5,715 | 674,370 | ||||||
SL Green Realty Corp. | 13,447 | 930,801 | ||||||
UDR Inc. | 70,964 | 3,775,994 | ||||||
Ventas Inc. | 25,537 | 1,418,580 | ||||||
Welltower Inc. | 3,429 | 311,387 | ||||||
Weyerhaeuser Co. | 8,573 | 353,379 | ||||||
|
| |||||||
45,545,801 | ||||||||
Food & Staples Retailing — 1.4% | ||||||||
Costco Wholesale Corp. | 10,302 | 5,477,779 | ||||||
Kroger Co. (The) | 54,864 | 2,960,461 | ||||||
Walgreens Boots Alliance Inc. | 6,370 | 270,088 | ||||||
Walmart Inc. | 64,155 | 9,815,074 | ||||||
|
| |||||||
18,523,402 | ||||||||
Food Products — 0.1% | ||||||||
Bunge Ltd. | 2,286 | 258,592 | ||||||
General Mills Inc. | 8,001 | 565,911 | ||||||
Hain Celestial Group Inc. (The)(a) | 10,287 | 345,026 | ||||||
Kellogg Co. | 2,286 | 156,591 | ||||||
Mondelez International Inc., Class A | 4,572 | 294,803 | ||||||
|
| |||||||
1,620,923 | ||||||||
Gas Utilities — 0.3% | ||||||||
UGI Corp. | 121,298 | 4,160,521 | ||||||
|
| |||||||
Health Care Equipment & Supplies — 2.4% | ||||||||
Abbott Laboratories | 28,575 | 3,243,262 | ||||||
Align Technology Inc.(a) | 1,143 | 331,367 | ||||||
Boston Scientific Corp.(a) | 161,163 | 6,786,574 | ||||||
DENTSPLY SIRONA Inc. | 108,585 | 4,342,314 | ||||||
Dexcom Inc.(a)(b) | 1,143 | 467,007 | ||||||
Edwards Lifesciences Corp.(a) | 44,577 | 4,715,355 | ||||||
ICU Medical Inc.(a) | 13,906 | 2,975,745 | ||||||
Intuitive Surgical Inc.(a) | 3,429 | 820,560 | ||||||
Medtronic PLC | 53,421 | 5,575,016 | ||||||
Novocure Ltd.(a) | 2,286 | 175,062 | ||||||
ResMed Inc. | 10,287 | 2,057,091 | ||||||
|
| |||||||
31,489,353 | ||||||||
Health Care Providers & Services — 3.3% | ||||||||
AmerisourceBergen Corp. | 14,859 | 2,248,018 | ||||||
Anthem Inc. | 7,516 | 3,772,506 | ||||||
Cardinal Health Inc. | 12,573 | 729,863 | ||||||
Centene Corp.(a) | 14,859 | 1,196,892 | ||||||
Cigna Corp. | 1,143 | 282,069 | ||||||
CVS Health Corp. | 70,370 | 6,764,668 | ||||||
Humana Inc. | 11,430 | 5,081,321 | ||||||
Molina Healthcare Inc.(a) | 1,143 | 358,273 | ||||||
Quest Diagnostics Inc. | 8,001 | 1,070,854 | ||||||
UnitedHealth Group Inc. | 43,434 | 22,088,361 | ||||||
|
| |||||||
43,592,825 | ||||||||
Health Care Technology — 0.1% | ||||||||
Cerner Corp. | 6,858 | 642,183 | ||||||
Teladoc Health Inc.(a)(b) | 7,827 | 264,240 |
2 |
Schedule of Investments (unaudited) (continued) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Health Care Technology (continued) | ||||||||
Veeva Systems Inc., Class A(a) | 4,572 | $ | 831,875 | |||||
|
| |||||||
1,738,298 | ||||||||
Hotels, Restaurants & Leisure — 2.1% | ||||||||
Booking Holdings Inc.(a) | 4,752 | 10,503,393 | ||||||
Expedia Group Inc.(a) | 8,001 | 1,398,175 | ||||||
McDonald’s Corp. | 23,606 | 5,881,671 | ||||||
Norwegian Cruise Line Holdings Ltd.(a) | 140,589 | 2,815,998 | ||||||
Royal Caribbean Cruises Ltd.(a) | 17,145 | 1,332,681 | ||||||
Six Flags Entertainment Corp.(a) | 29,718 | 1,137,308 | ||||||
Starbucks Corp. | 10,287 | 767,822 | ||||||
Travel + Leisure Co. | 30,210 | 1,676,051 | ||||||
Wynn Resorts Ltd.(a) | 2,286 | 161,117 | ||||||
Yum China Holdings Inc. | 3,429 | 143,332 | ||||||
Yum! Brands Inc. | 11,055 | 1,293,545 | ||||||
|
| |||||||
27,111,093 | ||||||||
Household Durables — 0.3% | ||||||||
Leggett & Platt Inc. | 56,150 | 2,000,624 | ||||||
Newell Brands Inc. | 22,860 | 529,209 | ||||||
Whirlpool Corp. | 9,144 | 1,659,819 | ||||||
|
| |||||||
4,189,652 | ||||||||
Household Products — 0.8% | ||||||||
Church & Dwight Co. Inc. | 2,286 | 223,022 | ||||||
Colgate-Palmolive Co. | 38,543 | 2,969,738 | ||||||
Procter & Gamble Co. (The) | 44,577 | 7,156,838 | ||||||
Spectrum Brands Holdings Inc. | 4,341 | 369,289 | ||||||
|
| |||||||
10,718,887 | ||||||||
Independent Power and Renewable Electricity Producers — 0.1% | ||||||||
Brookfield Renewable Corp., Class A | 20,386 | 731,857 | ||||||
|
| |||||||
Industrial Conglomerates — 0.9% | ||||||||
3M Co. | 46,863 | 6,758,582 | ||||||
General Electric Co. | 48,773 | 3,636,027 | ||||||
Honeywell International Inc. | 4,572 | 884,728 | ||||||
|
| |||||||
11,279,337 | ||||||||
Insurance — 2.2% | ||||||||
Aflac Inc. | 28,575 | 1,636,776 | ||||||
Allstate Corp. (The) | 25,146 | 3,181,975 | ||||||
Aon PLC, Class A | 19,431 | 5,595,934 | ||||||
Assurant Inc. | 1,143 | 207,889 | ||||||
Assured Guaranty Ltd. | 12,573 | 693,401 | ||||||
Cincinnati Financial Corp. | 5,715 | 701,002 | ||||||
Hartford Financial Services Group Inc. (The) | 3,429 | 239,790 | ||||||
Lemonade Inc.(a) | 9,400 | 196,084 | ||||||
Lincoln National Corp. | 12,573 | 756,266 | ||||||
Marsh & McLennan Companies Inc. | 10,287 | 1,663,408 | ||||||
MetLife Inc. | 19,431 | 1,276,228 | ||||||
Principal Financial Group Inc. | 58,293 | 3,972,085 | ||||||
Progressive Corp. (The) | 12,573 | 1,349,837 | ||||||
Prudential Financial Inc. | 46,863 | 5,085,104 | ||||||
W R Berkley Corp. | 24,003 | 1,595,959 | ||||||
Willis Towers Watson PLC | 3,429 | 736,755 | ||||||
|
| |||||||
28,888,493 | ||||||||
Interactive Media & Services — 5.1% | ||||||||
Alphabet Inc., Class A(a) | 11,430 | 26,085,432 | ||||||
Alphabet Inc., Class C, NVS(a) | 9,085 | 20,889,413 | ||||||
IAC/InterActiveCorp.(a) | 20,574 | 1,705,173 | ||||||
Meta Platforms Inc, Class A(a) | 85,725 | 17,185,291 | ||||||
TripAdvisor Inc.(a) | 41,148 | 1,056,269 | ||||||
|
| |||||||
66,921,578 |
Security | Shares | Value | ||||||
Internet & Direct Marketing Retail — 2.8% | ||||||||
Amazon.com Inc.(a)(b) | 14,062 | $ | 34,952,929 | |||||
DoorDash Inc., Class A(a) | 4,572 | 372,298 | ||||||
Etsy Inc.(a) | 7,560 | 704,516 | ||||||
Qurate Retail Inc., Series A(a) | 147,155 | 619,523 | ||||||
|
| |||||||
36,649,266 | ||||||||
IT Services — 5.3% | ||||||||
Accenture PLC, Class A | 48,006 | 14,419,082 | ||||||
Akamai Technologies Inc.(a) | 10,287 | 1,155,024 | ||||||
Automatic Data Processing Inc. | 30,861 | 6,733,253 | ||||||
Block Inc.(a)(b) | 11,430 | 1,137,742 | ||||||
Broadridge Financial Solutions Inc. | 18,288 | 2,635,850 | ||||||
Cloudflare Inc., Class A(a)(b) | 9,144 | 787,664 | ||||||
DXC Technology Co.(a) | 6,858 | 196,825 | ||||||
Euronet Worldwide Inc.(a) | 2,286 | 278,092 | ||||||
FleetCor Technologies Inc.(a) | 2,286 | 570,403 | ||||||
Gartner Inc.(a) | 1,143 | 332,099 | ||||||
Globant SA(a) | 2,286 | 493,753 | ||||||
International Business Machines Corp. | 39,801 | 5,262,090 | ||||||
Mastercard Inc., Class A | 40,005 | 14,537,017 | ||||||
Paychex Inc. | 1,143 | 144,852 | ||||||
PayPal Holdings Inc.(a) | 40,326 | 3,545,865 | ||||||
Snowflake Inc., Class A(a) | 5,910 | 1,013,211 | ||||||
Visa Inc., Class A | 70,866 | 15,103,671 | ||||||
Western Union Co. (The) | 81,153 | 1,360,124 | ||||||
WEX Inc.(a) | 1,143 | 190,012 | ||||||
Wix.com Ltd.(a)(b) | 4,572 | 345,003 | ||||||
|
| |||||||
70,241,632 | ||||||||
Leisure Products — 0.5% | ||||||||
Hasbro Inc. | 70,866 | 6,240,460 | ||||||
|
| |||||||
Life Sciences Tools & Services — 1.6% | ||||||||
Agilent Technologies Inc. | 16,002 | 1,908,559 | ||||||
Charles River Laboratories International Inc.(a) | 1,143 | 276,046 | ||||||
Danaher Corp. | 8,001 | 2,009,291 | ||||||
Illumina Inc.(a) | 7,431 | 2,204,406 | ||||||
IQVIA Holdings Inc.(a) | 2,286 | 498,325 | ||||||
Mettler-Toledo International Inc.(a) | 2,286 | 2,920,434 | ||||||
QIAGEN NV(a) | 6,858 | 311,147 | ||||||
Thermo Fisher Scientific Inc. | 15,457 | 8,546,484 | ||||||
West Pharmaceutical Services Inc. | 5,715 | 1,800,568 | ||||||
|
| |||||||
20,475,260 | ||||||||
Machinery — 1.5% | ||||||||
AGCO Corp. | 10,287 | 1,310,564 | ||||||
Caterpillar Inc. | 17,145 | 3,609,708 | ||||||
Cummins Inc. | 13,716 | 2,594,930 | ||||||
Deere & Co. | 3,429 | 1,294,619 | ||||||
Dover Corp. | 6,858 | 914,171 | ||||||
Middleby Corp. (The)(a) | 3,429 | 527,689 | ||||||
Pentair PLC | 34,738 | 1,762,954 | ||||||
Stanley Black & Decker Inc. | 1,143 | 137,331 | ||||||
Xylem Inc./NY | 93,726 | 7,544,943 | ||||||
|
| |||||||
19,696,909 | ||||||||
Marine — 0.2% | ||||||||
Kirby Corp.(a) | 41,148 | 2,682,850 | ||||||
|
| |||||||
Media — 0.3% | ||||||||
Charter Communications Inc., Class A(a) | 2,286 | 979,528 | ||||||
Comcast Corp., Class A | 51,435 | 2,045,056 | ||||||
New York Times Co. (The), Class A | 9,144 | 350,398 |
| 3 |
Schedule of Investments (unaudited) (continued) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Media (continued) | ||||||||
Paramount Global, Class B, NVS | 43,434 | $ | 1,264,798 | |||||
|
| |||||||
4,639,780 | ||||||||
Metals & Mining — 0.7% | ||||||||
Alcoa Corp. | 12,573 | 852,449 | ||||||
Freeport-McMoRan Inc. | 6,858 | 278,092 | ||||||
Newmont Corp. | 9,144 | 666,140 | ||||||
Nucor Corp. | 6,858 | 1,061,481 | ||||||
Royal Gold Inc. | 16,199 | 2,113,646 | ||||||
Southern Copper Corp. | 4,572 | 284,699 | ||||||
Steel Dynamics Inc. | 40,005 | 3,430,429 | ||||||
|
| |||||||
8,686,936 | ||||||||
Multi-Utilities — 0.2% | ||||||||
Consolidated Edison Inc. | 11,430 | 1,060,018 | ||||||
Public Service Enterprise Group Inc. | 3,429 | 238,864 | ||||||
Sempra Energy | 8,001 | 1,291,042 | ||||||
|
| |||||||
2,589,924 | ||||||||
Multiline Retail — 0.2% | ||||||||
Nordstrom Inc. | 19,660 | 505,262 | ||||||
Target Corp. | 9,144 | 2,090,776 | ||||||
|
| |||||||
2,596,038 | ||||||||
Oil, Gas & Consumable Fuels — 3.5% | ||||||||
Antero Midstream Corp. | 49,149 | 504,760 | ||||||
Cheniere Energy Inc. | 8,001 | 1,086,616 | ||||||
Chevron Corp. | 33,663 | 5,273,982 | ||||||
ConocoPhillips | 64,008 | 6,114,044 | ||||||
Devon Energy Corp. | 22,860 | 1,329,766 | ||||||
DTE Midstream LLC(a) | 13,716 | 737,235 | ||||||
EOG Resources Inc. | 19,431 | 2,268,764 | ||||||
EQT Corp.(a) | 9,144 | 363,474 | ||||||
Exxon Mobil Corp. | 141,732 | 12,082,653 | ||||||
Marathon Petroleum Corp. | 20,574 | 1,795,287 | ||||||
New Fortress Energy Inc. | 41,148 | 1,595,720 | ||||||
Occidental Petroleum Corp. | 6,858 | 377,807 | ||||||
ONEOK Inc. | 11,430 | 723,862 | ||||||
Phillips 66 | 6,858 | 595,000 | ||||||
Pioneer Natural Resources Co | 17,145 | 3,985,698 | ||||||
Targa Resources Corp. | 6,858 | 503,446 | ||||||
Williams Companies Inc. (The) | 198,882 | 6,819,664 | ||||||
|
| |||||||
46,157,778 | ||||||||
Personal Products — 0.6% | ||||||||
Estee Lauder Companies Inc. (The), Class A | 32,004 | 8,450,976 | ||||||
|
| |||||||
Pharmaceuticals — 4.5% | ||||||||
Bristol-Myers Squibb Co | 100,584 | 7,570,958 | ||||||
Catalent Inc.(a) | 5,715 | 517,550 | ||||||
Eli Lilly & Co. | 38,862 | 11,352,756 | ||||||
Johnson & Johnson | 100,112 | 18,066,211 | ||||||
Merck & Co. Inc. | 125,730 | 11,150,994 | ||||||
Nektar Therapeutics(a) | 41,148 | 169,941 | ||||||
Pfizer Inc. | 208,026 | 10,207,836 | ||||||
|
| |||||||
59,036,246 | ||||||||
Professional Services — 0.6% | ||||||||
CoStar Group Inc.(a) | 5,715 | 363,588 | ||||||
Equifax Inc. | 2,286 | 465,247 | ||||||
Leidos Holdings Inc. | 17,714 | 1,833,576 | ||||||
Robert Half International Inc. | 28,575 | 2,809,208 | ||||||
Verisk Analytics Inc. | 11,430 | 2,332,292 | ||||||
|
| |||||||
7,803,911 |
Security | Shares | Value | ||||||
Road & Rail — 0.5% | ||||||||
CSX Corp. | 32,004 | $ | 1,099,017 | |||||
Knight-Swift Transportation Holdings Inc. | 22,860 | 1,094,766 | ||||||
Norfolk Southern Corp. | 4,572 | 1,179,027 | ||||||
Uber Technologies Inc.(a) | 11,430 | 359,816 | ||||||
Union Pacific Corp. | 8,001 | 1,874,554 | ||||||
XPO Logistics Inc.(a) | 16,002 | 860,748 | ||||||
|
| |||||||
6,467,928 | ||||||||
Semiconductors & Semiconductor Equipment — 5.1% | ||||||||
Advanced Micro Devices Inc.(a) | 66,294 | 5,669,463 | ||||||
Analog Devices Inc. | 53,721 | 8,293,448 | ||||||
Applied Materials Inc. | 1,143 | 126,130 | ||||||
Broadcom Inc. | 19,976 | 11,074,495 | ||||||
Enphase Energy Inc.(a) | 6,858 | 1,106,881 | ||||||
Entegris Inc. | 4,572 | 509,275 | ||||||
First Solar Inc.(a) | 24,003 | 1,752,939 | ||||||
Intel Corp. | 128,573 | 5,604,497 | ||||||
Lam Research Corp. | 1,143 | 532,364 | ||||||
Marvell Technology Inc. | 50,136 | 2,911,899 | ||||||
Microchip Technology Inc. | 36,766 | 2,397,143 | ||||||
Micron Technology Inc. | 14,859 | 1,013,235 | ||||||
NVIDIA Corp. | 87,443 | 16,218,053 | ||||||
NXP Semiconductors NV | 26,010 | 4,445,109 | ||||||
QUALCOMM Inc. | 8,213 | 1,147,274 | ||||||
Skyworks Solutions Inc. | 4,112 | 465,890 | ||||||
Texas Instruments Inc. | 8,001 | 1,362,170 | ||||||
Universal Display Corp. | 16,386 | 2,092,984 | ||||||
|
| |||||||
66,723,249 | ||||||||
Software — 8.8% | ||||||||
Adobe Inc.(a) | 18,288 | 7,241,134 | ||||||
Atlassian Corp. PLC, Class A(a) | 3,429 | 770,942 | ||||||
Autodesk Inc.(a) | 6,858 | 1,298,082 | ||||||
Bill.com Holdings Inc.(a) | 1,143 | 195,121 | ||||||
Cadence Design Systems Inc.(a) | 18,288 | 2,758,745 | ||||||
Citrix Systems Inc. | 6,858 | 686,486 | ||||||
Crowdstrike Holdings Inc., Class A(a) | 1,143 | 227,183 | ||||||
Datadog Inc., Class A(a) | 4,572 | 552,206 | ||||||
Dolby Laboratories Inc., Class A | 20,574 | 1,593,868 | ||||||
Fortinet Inc.(a) | 2,286 | 660,677 | ||||||
Intuit Inc. | 9,144 | 3,829,050 | ||||||
Microsoft Corp. | 273,177 | 75,812,081 | ||||||
NortonLifeLock Inc. | 67,437 | 1,688,622 | ||||||
Oracle Corp. | 60,579 | 4,446,499 | ||||||
Palo Alto Networks Inc.(a)(b) | 2,286 | 1,283,086 | ||||||
RingCentral Inc., Class A(a) | 1,143 | 96,983 | ||||||
salesforce.com Inc.(a) | 38,862 | 6,837,380 | ||||||
ServiceNow Inc.(a) | 3,429 | 1,639,405 | ||||||
Splunk Inc.(a) | 1,143 | 139,469 | ||||||
Trade Desk Inc. (The), Class A(a) | 3,429 | 202,037 | ||||||
VMware Inc., Class A | 25,146 | 2,716,774 | ||||||
Workday Inc., Class A(a) | 8,001 | 1,653,807 | ||||||
|
| |||||||
116,329,637 | ||||||||
Specialty Retail — 2.3% | ||||||||
AutoNation Inc.(a) | 24,498 | 2,839,563 | ||||||
Bath & Body Works Inc. | 13,716 | 725,439 | ||||||
Burlington Stores Inc.(a) | 6,858 | 1,396,014 | ||||||
Dick’s Sporting Goods Inc. | 2,286 | 220,416 | ||||||
Foot Locker Inc. | 46,863 | 1,373,555 | ||||||
GameStop Corp., Class A(a)(b) | 3,601 | 450,377 | ||||||
Home Depot Inc. (The) | 34,484 | 10,358,994 |
4 |
Schedule of Investments (unaudited) (continued) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Specialty Retail (continued) | ||||||||
Lowe’s Companies Inc. | 16,409 | $ | 3,244,552 | |||||
Ross Stores Inc. | 40,005 | 3,991,299 | ||||||
TJX Companies Inc. (The) | 18,129 | 1,110,945 | ||||||
Tractor Supply Co | 14,859 | 2,993,346 | ||||||
Ulta Beauty, Inc.(a) | 1,143 | 453,542 | ||||||
Williams-Sonoma Inc. | 9,144 | 1,193,109 | ||||||
|
| |||||||
30,351,151 | ||||||||
Technology Hardware, Storage & Peripherals — 7.0% | ||||||||
Apple Inc. | 494,919 | 78,023,980 | ||||||
Dell Technologies Inc., Class C | 98,298 | 4,620,989 | ||||||
Hewlett Packard Enterprise Co | 300,806 | 4,635,421 | ||||||
HP Inc. | 50,292 | 1,842,196 | ||||||
NetApp Inc. | 13,716 | 1,004,697 | ||||||
Pure Storage Inc., Class A(a) | 8,173 | 239,469 | ||||||
Western Digital Corp.(a) | 20,574 | 1,091,862 | ||||||
Xerox Holdings Corp. | 25,146 | 437,540 | ||||||
|
| |||||||
91,896,154 | ||||||||
Textiles, Apparel & Luxury Goods — 0.5% | ||||||||
Lululemon Athletica Inc.(a) | 1,143 | 405,342 | ||||||
Nike Inc., Class B | 35,543 | 4,432,212 | ||||||
VF Corp. | 37,719 | 1,961,388 | ||||||
|
| |||||||
6,798,942 | ||||||||
Water Utilities — 0.0% | ||||||||
American Water Works Co. Inc. | 1,143 | 176,113 | ||||||
|
| |||||||
Wireless Telecommunication Services — 0.0% | ||||||||
T-Mobile U.S. Inc.(a) | 4,572 | 562,996 | ||||||
|
| |||||||
Total Common Stocks — 99.0% | 1,302,434,875 | |||||||
|
|
Security | Shares | Value | ||||||
Short-Term Investments | ||||||||
Money Market Funds — 1.3% | ||||||||
BlackRock Cash Funds: Institutional, | 5,437,876 | $ | 5,437,876 | |||||
BlackRock Cash Funds: Treasury, | 11,430,000 | 11,430,000 | ||||||
|
| |||||||
16,867,876 | ||||||||
|
| |||||||
Total Short-Term Investments — 1.3% | 16,867,876 | |||||||
|
| |||||||
Total Investments in Securities — 100.3% | 1,319,302,751 | |||||||
Other Assets, Less Liabilities — (0.3)% | (4,127,738 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 1,315,175,013 | ||||||
|
|
(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan. |
(c) | Affiliate of the Fund. |
(d) | Annualized 7-day yield as of period end. |
(e) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 07/31/21 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 04/30/22 | Shares Held at 04/30/22 | Income | Capital Gain | |||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, | $ | 1,051,825 | $ | 4,396,010 | (a) | $ | — | $ | (10,368 | ) | $ | 409 | $ | 5,437,876 | 5,437,876 | $ | 18,366 | (b) | $ | — | ||||||||||||||||
BlackRock Cash Funds: Treasury, | 17,150,000 | — | (5,720,000 | )(a) | — | — | 11,430,000 | 11,430,000 | 6,039 | — | ||||||||||||||||||||||||||
BlackRock Inc. | 4,882,167 | 610,755 | (506,637 | ) | (25,532 | ) | (1,446,303 | ) | 3,514,450 | 5,626 | 77,489 | — | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||
$ | (35,900 | ) | $ | (1,445,894 | ) | $ | 20,382,326 | $ | 101,894 | $ | — | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
| 5 |
Schedule of Investments (unaudited) (continued) April 30, 2022 | BlackRock U.S. Carbon Transition Readiness ETF |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
S&P 500 E-Mini Index | 53 | 06/17/22 | $ | 10,938 | $ | (319,734 | ) | |||||||||
|
|
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
• | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
• | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
• | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 1,302,434,875 | $ | — | $ | — | $ | 1,302,434,875 | ||||||||
Money Market Funds | 16,867,876 | — | — | 16,867,876 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 1,319,302,751 | $ | — | $ | — | $ | 1,319,302,751 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Derivative financial instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Futures Contracts | $ | (319,734 | ) | $ | — | $ | — | $ | (319,734) | |||||||
|
|
|
|
|
|
|
|
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviations - Equity | ||
NVS | Non-Voting Shares |
6 |