Schedule
of
Investments
(unaudited)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
1
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Common
Stocks
Aerospace
&
Defense
—
3.2%
AeroVironment,
Inc.
(a)
..................
4,017
$
1,118,293
Axon
Enterprise,
Inc.
(a)
.................
7,979
3,858,485
BWX
Technologies,
Inc.
................
9,844
2,022,253
Carpenter
Technology
Corp.
.............
5,145
1,635,235
Curtiss-Wright
Corp.
...................
4,038
2,651,714
HEICO
Corp.
.......................
4,542
1,502,993
HEICO
Corp.
,
Class
A
..................
8,295
2,111,824
Howmet
Aerospace,
Inc.
................
41,748
8,686,924
L3Harris
Technologies,
Inc.
..............
20,054
6,875,514
Rocket
Lab
Corp.
(a)
...................
45,064
3,608,274
Textron,
Inc.
........................
19,535
1,720,252
TransDigm
Group,
Inc.
.................
5,746
8,202,645
Woodward,
Inc.
......................
6,343
2,016,059
46,010,465
Air
Freight
&
Logistics
—
1.4%
CH
Robinson
Worldwide,
Inc.
............
12,667
2,469,432
Expeditors
International
of
Washington,
Inc.
...
14,346
2,303,107
FedEx
Corp.
........................
23,757
7,655,693
United
Parcel
Service,
Inc.
,
Class
B
........
79,620
8,457,236
20,885,468
Automobile
Components
—
0.1%
Aptiv
plc
(a)
..........................
22,497
1,704,148
Automobiles
—
1.1%
Ford
Motor
Co.
......................
422,595
5,865,618
General
Motors
Co.
...................
100,240
8,420,160
Rivian
Automotive,
Inc.
,
Class
A
(a)
..........
81,949
1,208,748
15,494,526
Banks
—
3.3%
Citizens
Financial
Group,
Inc.
............
47,253
2,975,994
Fifth
Third
Bancorp
...................
97,001
4,871,390
First
Citizens
BancShares,
Inc.
,
Class
A
......
1,115
2,307,571
Huntington
Bancshares,
Inc.
.............
213,003
3,723,292
KeyCorp
...........................
101,139
2,176,511
M&T
Bank
Corp.
.....................
16,516
3,659,450
PNC
Financial
Services
Group,
Inc.
(The)
....
42,298
9,445,143
Regions
Financial
Corp.
................
92,267
2,629,610
Truist
Financial
Corp.
..................
138,769
7,135,502
US
Bancorp
........................
167,181
9,380,526
48,304,989
Beverages
—
0.8%
Constellation
Brands,
Inc.
,
Class
A
.........
16,323
2,557,814
Keurig
Dr
Pepper,
Inc.
.................
130,474
3,580,207
Monster
Beverage
Corp.
(a)
...............
73,759
5,956,777
12,094,798
Biotechnology
—
1.8%
Alnylam
Pharmaceuticals,
Inc.
(a)
...........
13,689
4,627,703
Biogen,
Inc.
(a)
.......................
15,184
2,731,450
Incyte
Corp.
(a)
.......................
17,512
1,752,426
Insmed,
Inc.
(a)
.......................
22,491
3,528,163
Natera,
Inc.
(a)
.......................
14,143
3,269,013
Regeneron
Pharmaceuticals,
Inc.
..........
10,835
8,033,611
Summit
Therapeutics,
Inc.
(a)
(b)
.............
12,233
177,134
United
Therapeutics
Corp.
(a)
..............
4,267
2,003,314
26,122,814
Broadline
Retail
—
0.5%
Coupang,
Inc.
,
Class
A
(a)
................
144,875
2,920,680
eBay,
Inc.
..........................
48,724
4,444,603
7,365,283
Security
Shares
Shares
Value
Building
Products
—
1.2%
Allegion
plc
.........................
9,281
$
1,534,985
Carlisle
Cos.,
Inc.
....................
4,681
1,595,706
Carrier
Global
Corp.
...................
84,531
5,036,357
Johnson
Controls
International
plc
.........
65,830
7,850,886
Lennox
International,
Inc.
...............
3,540
1,752,583
17,770,517
Capital
Markets
—
3.5%
Ameriprise
Financial,
Inc.
...............
9,963
5,252,394
Ares
Management
Corp.
,
Class
A
..........
21,888
3,275,977
Bank
of
New
York
Mellon
Corp.
(The)
.......
72,170
8,654,626
Carlyle
Group,
Inc.
(The)
................
23,375
1,373,983
Coinbase
Global,
Inc.
,
Class
A
(a)
...........
24,279
4,728,092
Interactive
Brokers
Group,
Inc.
,
Class
A
......
47,735
3,574,397
LPL
Financial
Holdings,
Inc.
..............
8,617
3,140,896
MSCI,
Inc.
.........................
7,810
4,758,008
Nasdaq,
Inc.
........................
40,056
3,881,026
Northern
Trust
Corp.
...................
20,453
3,056,292
Raymond
James
Financial,
Inc.
...........
18,397
3,051,326
State
Street
Corp.
....................
29,989
3,924,361
T.
Rowe
Price
Group,
Inc.
...............
23,317
2,464,141
51,135,519
Chemicals
—
2.1%
Air
Products
&
Chemicals,
Inc.
............
23,903
6,513,567
Corteva,
Inc.
........................
73,728
5,367,398
Dow,
Inc.
..........................
75,272
2,073,744
DuPont
de
Nemours,
Inc.
...............
45,130
1,982,110
Ecolab,
Inc.
........................
27,321
7,704,249
International
Flavors
&
Fragrances,
Inc.
......
27,467
1,917,471
LyondellBasell
Industries
NV
,
Class
A
.......
28,138
1,378,762
PPG
Industries,
Inc.
...................
24,411
2,822,644
RPM
International,
Inc.
.................
13,898
1,486,530
31,246,475
Commercial
Services
&
Supplies
—
1.4%
Cintas
Corp.
........................
37,301
7,139,038
Copart,
Inc.
(a)
(b)
......................
90,430
3,669,650
Republic
Services,
Inc.
.................
21,900
4,710,471
Rollins,
Inc.
.........................
31,731
2,009,842
Veralto
Corp.
........................
25,484
2,522,406
20,051,407
Communications
Equipment
—
0.9%
Ciena
Corp.
(a)
.......................
15,214
3,831,037
F5,
Inc.
(a)
..........................
6,213
1,712,365
Motorola
Solutions,
Inc.
................
17,979
7,237,267
12,780,669
Construction
&
Engineering
—
1.3%
AECOM
...........................
13,804
1,331,120
Comfort
Systems
USA,
Inc.
..............
3,786
4,323,990
EMCOR
Group,
Inc.
...................
4,782
3,446,531
MasTec,
Inc.
(a)
.......................
6,628
1,593,901
Quanta
Services,
Inc.
..................
15,852
7,523,835
18,219,377
Construction
Materials
—
1.2%
CRH
plc
...........................
72,353
8,856,730
Martin
Marietta
Materials,
Inc.
............
6,525
4,253,974
Vulcan
Materials
Co.
..................
14,309
4,300,427
17,411,131
Consumer
Finance
—
0.4%
SoFi
Technologies,
Inc.
(a)
................
133,367
3,042,101
Synchrony
Financial
...................
38,710
2,811,508
5,853,609
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
2
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Consumer
Staples
Distribution
&
Retail
—
1.8%
Casey's
General
Stores,
Inc.
.............
3,904
$
2,367,776
Dollar
General
Corp.
..................
23,618
3,387,530
Dollar
Tree,
Inc.
(a)
.....................
21,266
2,500,669
Kroger
Co.
(The)
.....................
66,146
4,157,276
Performance
Food
Group
Co.
(a)
...........
16,798
1,603,369
Sysco
Corp.
........................
51,429
4,312,322
Target
Corp.
........................
48,820
5,149,045
US
Foods
Holding
Corp.
(a)
...............
24,597
2,056,801
25,534,788
Containers
&
Packaging
—
0.6%
Amcor
plc
..........................
49,135
2,174,224
International
Paper
Co.
.................
56,067
2,260,621
Packaging
Corp.
of
America
.............
9,581
2,132,251
Smurfit
WestRock
plc
..................
55,536
2,311,964
8,879,060
Distributors
—
0.1%
Genuine
Parts
Co.
....................
14,909
2,072,202
Diversified
REITs
—
0.1%
WP
Carey,
Inc.
......................
23,472
1,637,172
Diversified
Telecommunication
Services
—
0.2%
AST
SpaceMobile,
Inc.
,
Class
A
(a)
(b)
.........
25,816
2,870,997
Electric
Utilities
—
2.9%
Alliant
Energy
Corp.
...................
27,545
1,815,491
American
Electric
Power
Co.,
Inc.
..........
55,421
6,638,050
Edison
International
...................
41,348
2,575,154
Entergy
Corp.
.......................
47,927
4,595,720
Evergy,
Inc.
.........................
24,692
1,894,617
Eversource
Energy
...................
37,797
2,612,907
Exelon
Corp.
........................
108,462
4,856,928
FirstEnergy
Corp.
....................
55,565
2,630,447
NRG
Energy,
Inc.
.....................
20,761
3,168,751
Oklo,
Inc.
,
Class
A
(a)
(b)
..................
10,100
804,162
PG&E
Corp.
........................
235,840
3,636,653
PPL
Corp.
.........................
76,086
2,758,118
Xcel
Energy,
Inc.
.....................
63,684
4,843,805
42,830,803
Electrical
Equipment
—
2.4%
AMETEK,
Inc.
.......................
24,780
5,550,224
Bloom
Energy
Corp.
,
Class
A
(a)
............
23,489
3,555,530
Emerson
Electric
Co.
..................
60,598
8,905,482
Hubbell,
Inc.
........................
5,762
2,811,510
nVent
Electric
plc
.....................
17,298
1,941,874
Rockwell
Automation,
Inc.
...............
12,183
5,136,962
Vertiv
Holdings
Co.
,
Class
A
.............
40,340
7,510,501
35,412,083
Electronic
Equipment,
Instruments
&
Components
—
2.5%
CDW
Corp.
.........................
14,215
1,796,634
Coherent
Corp.
(a)
.....................
16,496
3,500,121
Corning,
Inc.
........................
81,139
8,377,602
Fabrinet
(a)
(b)
.........................
3,930
1,923,499
Flex
Ltd.
(a)
..........................
38,054
2,398,924
Jabil,
Inc.
..........................
10,737
2,546,709
Keysight
Technologies,
Inc.
(a)
.............
18,538
4,010,326
TE
Connectivity
plc
...................
31,844
7,094,206
Teledyne
Technologies,
Inc.
(a)
.............
5,041
3,126,932
Zebra
Technologies
Corp.
,
Class
A
(a)
(b)
.......
5,518
1,296,620
36,071,573
Energy
Equipment
&
Services
—
1.3%
Baker
Hughes
Co.
,
Class
A
..............
106,395
5,962,376
Halliburton
Co.
......................
92,396
3,097,114
Security
Shares
Shares
Value
Energy
Equipment
&
Services
(continued)
SLB
Ltd.
...........................
159,584
$
7,720,674
TechnipFMC
plc
......................
41,021
2,285,690
19,065,854
Entertainment
—
1.8%
Electronic
Arts,
Inc.
...................
24,521
5,000,322
Liberty
Media
Corp.-Liberty
Formula
One
,
Class
A
(a)
............................
2,469
196,754
Liberty
Media
Corp.-Liberty
Formula
One
,
Class
C,
NVS
(a)
........................
22,832
1,986,841
Live
Nation
Entertainment,
Inc.
(a)
..........
15,435
2,245,021
ROBLOX
Corp.
,
Class
A
(a)
...............
67,564
4,443,009
Take-Two
Interactive
Software,
Inc.
(a)
........
18,277
4,026,423
TKO
Group
Holdings,
Inc.
,
Class
A
.........
7,395
1,498,079
Warner
Bros
Discovery,
Inc.
(a)
............
244,013
6,720,118
26,116,567
Financial
Services
—
2.2%
Affirm
Holdings,
Inc.
,
Class
A
(a)
............
28,942
1,745,203
Apollo
Global
Management,
Inc.
...........
44,616
6,002,637
Block,
Inc.
,
Class
A
(a)
..................
59,071
3,569,660
Corpay,
Inc.
(a)
.......................
7,257
2,283,270
Equitable
Holdings,
Inc.
................
25,605
1,188,072
Fidelity
National
Information
Services,
Inc.
....
56,728
3,134,222
Fiserv,
Inc.
(a)
........................
58,285
3,714,503
Global
Payments,
Inc.
.................
26,243
1,882,673
PayPal
Holdings,
Inc.
..................
100,801
5,311,205
Rocket
Cos.,
Inc.
,
Class
A
...............
95,427
1,711,006
Toast,
Inc.
,
Class
A
(a)
..................
53,286
1,657,727
32,200,178
Food
Products
—
1.7%
Archer-Daniels-Midland
Co.
..............
48,847
3,287,892
Bunge
Global
SA
.....................
14,505
1,651,829
General
Mills,
Inc.
....................
57,328
2,651,993
Hershey
Co.
(The)
....................
15,868
3,090,293
Kraft
Heinz
Co.
(The)
..................
93,958
2,230,563
McCormick
&
Co.,
Inc.
(Non-Voting)
,
NVS
....
27,074
1,673,985
Mondelez
International,
Inc.
,
Class
A
........
139,393
8,150,309
Tyson
Foods,
Inc.
,
Class
A
..............
29,399
1,920,637
24,657,501
Gas
Utilities
—
0.2%
Atmos
Energy
Corp.
...................
17,083
2,841,586
Ground
Transportation
—
1.5%
CSX
Corp.
.........................
200,822
7,583,039
JB
Hunt
Transport
Services,
Inc.
..........
8,257
1,673,859
Norfolk
Southern
Corp.
.................
24,348
7,091,111
Old
Dominion
Freight
Line,
Inc.
...........
19,693
3,410,828
XPO,
Inc.
(a)
.........................
12,661
1,875,221
21,634,058
Health
Care
Equipment
&
Supplies
—
2.6%
Becton
Dickinson
&
Co.
................
30,941
6,295,875
Cooper
Cos.,
Inc.
(The)
(a)
...............
21,293
1,732,824
Dexcom,
Inc.
(a)
......................
41,964
3,065,050
Edwards
Lifesciences
Corp.
(a)
............
62,939
5,120,717
GE
HealthCare
Technologies,
Inc.
.........
48,955
3,865,976
Hologic,
Inc.
(a)
.......................
24,172
1,811,208
IDEXX
Laboratories,
Inc.
(a)
...............
8,247
5,529,284
Insulet
Corp.
(a)
.......................
7,512
1,921,645
ResMed,
Inc.
.......................
15,793
4,079,490
STERIS
plc
.........................
10,254
2,692,700
Zimmer
Biomet
Holdings,
Inc.
............
21,498
1,871,831
37,986,600
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
3
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Health
Care
Providers
&
Services
—
2.7%
Cardinal
Health,
Inc.
...................
25,666
$
5,515,110
Cencora,
Inc.
.......................
19,695
7,074,838
Centene
Corp.
(a)
.....................
50,573
2,190,822
Cigna
Group
(The)
....................
27,735
7,602,441
Elevance
Health,
Inc.
..................
23,849
8,245,553
Humana,
Inc.
.......................
12,963
2,530,378
Labcorp
Holdings,
Inc.
.................
9,024
2,450,196
Quest
Diagnostics,
Inc.
.................
11,962
2,237,253
Tenet
Healthcare
Corp.
(a)
................
9,460
1,790,589
39,637,180
Health
Care
REITs
—
0.3%
Ventas,
Inc.
........................
48,069
3,733,519
Health
Care
Technology
—
0.2%
Veeva
Systems,
Inc.
,
Class
A
(a)
...........
16,109
3,284,947
Hotels,
Restaurants
&
Leisure
—
3.8%
Airbnb,
Inc.
,
Class
A
(a)
..................
44,935
5,813,241
Carnival
Corp.
(a)
......................
116,448
3,495,769
Chipotle
Mexican
Grill,
Inc.
(a)
.............
141,190
5,488,055
Darden
Restaurants,
Inc.
...............
12,585
2,508,820
DraftKings,
Inc.
,
Class
A
(a)
...............
52,834
1,453,463
Expedia
Group,
Inc.
...................
12,559
3,326,126
Flutter
Entertainment
plc
(a)
...............
17,847
2,947,432
Hilton
Worldwide
Holdings,
Inc.
...........
23,442
6,997,671
Las
Vegas
Sands
Corp.
................
33,434
1,762,975
Marriott
International,
Inc.
,
Class
A
.........
23,757
7,490,582
Royal
Caribbean
Cruises
Ltd.
............
27,200
8,830,480
Yum!
Brands,
Inc.
....................
30,203
4,696,567
54,811,181
Household
Durables
—
1.2%
DR
Horton,
Inc.
......................
28,471
4,237,624
Garmin
Ltd.
.........................
17,407
3,509,947
Lennar
Corp.
,
Class
A
..................
22,896
2,503,678
Lennar
Corp.
,
Class
B
.................
954
96,602
NVR,
Inc.
(a)
.........................
284
2,168,547
PulteGroup,
Inc.
.....................
20,985
2,625,014
Somnigroup
International,
Inc.
............
20,099
1,765,697
16,907,109
Household
Products
—
1.1%
Church
&
Dwight
Co.,
Inc.
...............
25,789
2,482,191
Clorox
Co.
(The)
.....................
13,358
1,506,649
Colgate-Palmolive
Co.
.................
87,314
7,883,581
Kimberly-Clark
Corp.
..................
35,885
3,588,141
15,460,562
Independent
Power
and
Renewable
Electricity
Producers
—
0.5%
Talen
Energy
Corp.
(a)
..................
4,494
1,565,530
Vistra
Corp.
........................
36,365
5,758,398
7,323,928
Insurance
—
5.0%
Aflac,
Inc.
..........................
50,692
5,624,277
Allstate
Corp.
(The)
...................
28,459
5,663,056
American
International
Group,
Inc.
.........
57,694
4,320,127
Aon
plc
,
Class
A
.....................
23,131
8,087,523
Arch
Capital
Group
Ltd.
(a)
...............
40,064
3,847,747
Arthur
J
Gallagher
&
Co.
................
27,359
6,822,514
Brown
&
Brown,
Inc.
...................
29,890
2,155,069
Cincinnati
Financial
Corp.
...............
16,661
2,680,588
Fidelity
National
Financial,
Inc.
,
Class
A
......
27,803
1,512,205
Hartford
Insurance
Group,
Inc.
(The)
........
30,411
4,107,310
Loews
Corp.
........................
18,807
1,985,455
Markel
Group,
Inc.
(a)
...................
1,281
2,614,060
Security
Shares
Shares
Value
Insurance
(continued)
MetLife,
Inc.
........................
59,471
$
4,691,072
Principal
Financial
Group,
Inc.
............
24,085
2,281,331
Prudential
Financial,
Inc.
................
37,607
4,178,514
Travelers
Cos.,
Inc.
(The)
...............
24,174
6,877,745
Willis
Towers
Watson
plc
................
9,880
3,136,604
WR
Berkley
Corp.
....................
30,888
2,118,299
72,703,496
Interactive
Media
&
Services
—
0.3%
(a)
Pinterest,
Inc.
,
Class
A
.................
64,551
1,428,514
Reddit,
Inc.
,
Class
A
...................
13,597
2,451,131
3,879,645
IT
Services
—
1.7%
Cloudflare,
Inc.
,
Class
A
(a)
...............
33,334
5,911,785
Cognizant
Technology
Solutions
Corp.
,
Class
A
.
51,831
4,253,252
CoreWeave,
Inc.
,
Class
A
(a)
(b)
.............
27,011
2,517,155
Gartner,
Inc.
(a)
.......................
8,206
1,720,060
GoDaddy,
Inc.
,
Class
A
(a)
................
14,583
1,465,883
MongoDB,
Inc.
,
Class
A
(a)
...............
8,455
3,139,595
Okta,
Inc.
,
Class
A
(a)
...................
17,949
1,516,331
Twilio,
Inc.
,
Class
A
(a)
..................
15,695
1,890,620
VeriSign,
Inc.
.......................
8,594
2,098,913
24,513,594
Life
Sciences
Tools
&
Services
—
1.3%
Agilent
Technologies,
Inc.
...............
30,691
4,107,990
Illumina,
Inc.
(a)
.......................
16,421
2,377,925
IQVIA
Holdings,
Inc.
(a)
..................
18,156
4,178,604
Medpace
Holdings,
Inc.
(a)
...............
2,480
1,444,551
Mettler-Toledo
International,
Inc.
(a)
.........
2,246
3,084,297
Waters
Corp.
(a)
......................
6,367
2,360,374
West
Pharmaceutical
Services,
Inc.
........
7,734
1,787,482
19,341,223
Machinery
—
3.4%
Cummins,
Inc.
.......................
14,804
8,568,851
Dover
Corp.
........................
14,754
2,972,783
Fortive
Corp.
........................
34,139
1,802,881
Graco,
Inc.
.........................
18,163
1,586,175
Illinois
Tool
Works,
Inc.
.................
31,109
8,127,537
Ingersoll
Rand,
Inc.
(b)
..................
42,350
3,645,912
Otis
Worldwide
Corp.
..................
42,526
3,632,571
PACCAR,
Inc.
.......................
55,318
6,799,135
Pentair
plc
.........................
17,826
1,878,326
Snap-on,
Inc.
.......................
5,466
2,001,157
Westinghouse
Air
Brake
Technologies
Corp.
...
18,409
4,236,647
Xylem,
Inc.
.........................
25,926
3,574,418
48,826,393
Media
—
0.8%
Charter
Communications,
Inc.
,
Class
A
(a)
(b)
....
9,732
2,005,960
Fox
Corp.
,
Class
A,
NVS
................
21,608
1,572,630
Fox
Corp.
,
Class
B
....................
14,374
942,503
News
Corp.
,
Class
A,
NVS
..............
41,190
1,113,366
News
Corp.
,
Class
B
..................
11,265
350,341
Omnicom
Group,
Inc.
..................
34,696
2,672,980
Paramount
Skydance
Corp.
,
Class
B,
NVS
....
95,012
1,065,085
Trade
Desk,
Inc.
(The)
,
Class
A
(a)
..........
48,397
1,467,881
11,190,746
Metals
&
Mining
—
2.3%
Freeport-McMoRan,
Inc.
................
154,499
9,305,475
Newmont
Corp.
......................
118,069
13,265,052
Nucor
Corp.
........................
24,571
4,366,758
Reliance,
Inc.
.......................
5,689
1,874,526
Royal
Gold,
Inc.
......................
8,669
2,282,634
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
4
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Metals
&
Mining
(continued)
Steel
Dynamics,
Inc.
...................
14,654
$
2,631,419
33,725,864
Multi-Utilities
—
2.6%
Ameren
Corp.
.......................
29,057
3,001,007
CenterPoint
Energy,
Inc.
................
70,221
2,787,071
CMS
Energy
Corp.
....................
32,067
2,292,470
Consolidated
Edison,
Inc.
...............
38,713
4,127,967
Dominion
Energy,
Inc.
..................
91,770
5,521,801
DTE
Energy
Co.
.....................
22,207
2,984,177
NiSource,
Inc.
.......................
50,082
2,218,132
Public
Service
Enterprise
Group,
Inc.
.......
53,602
4,414,661
Sempra
...........................
70,199
6,108,015
WEC
Energy
Group,
Inc.
................
33,838
3,744,851
37,200,152
Oil,
Gas
&
Consumable
Fuels
—
5.1%
Cheniere
Energy,
Inc.
..................
23,112
4,888,650
Coterra
Energy,
Inc.
...................
81,375
2,347,669
Devon
Energy
Corp.
...................
65,794
2,645,577
Diamondback
Energy,
Inc.
...............
20,427
3,349,007
EOG
Resources,
Inc.
..................
58,639
6,575,191
EQT
Corp.
.........................
66,608
3,845,280
Expand
Energy
Corp.
..................
24,454
2,748,874
Kinder
Morgan,
Inc.
...................
211,269
6,441,592
Marathon
Petroleum
Corp.
..............
31,134
5,485,499
Occidental
Petroleum
Corp.
..............
70,387
3,194,866
ONEOK,
Inc.
........................
66,850
5,293,851
Phillips
66
..........................
43,315
6,218,301
Targa
Resources
Corp.
.................
23,295
4,681,829
Texas
Pacific
Land
Corp.
................
6,121
2,132,312
Valero
Energy
Corp.
...................
32,768
5,945,098
Williams
Cos.,
Inc.
(The)
................
130,681
8,789,604
74,583,200
Passenger
Airlines
—
0.7%
Delta
Air
Lines,
Inc.
...................
69,981
4,611,048
Southwest
Airlines
Co.
.................
49,383
2,346,680
United
Airlines
Holdings,
Inc.
(a)
............
35,099
3,591,330
10,549,058
Personal
Care
Products
—
0.4%
Estee
Lauder
Cos.,
Inc.
(The)
,
Class
A
......
26,151
3,014,687
Kenvue,
Inc.
........................
186,659
3,247,867
6,262,554
Pharmaceuticals
—
0.5%
Royalty
Pharma
plc
,
Class
A
.............
38,036
1,585,340
Zoetis,
Inc.
,
Class
A
...................
48,058
5,998,600
7,583,940
Professional
Services
—
1.4%
Broadridge
Financial
Solutions,
Inc.
........
12,606
2,484,769
Equifax,
Inc.
........................
13,220
2,662,508
Jacobs
Solutions,
Inc.
..................
13,196
1,784,891
Leidos
Holdings,
Inc.
..................
13,054
2,457,807
Paychex,
Inc.
.......................
34,882
3,597,380
SS&C
Technologies
Holdings,
Inc.
.........
23,211
1,900,749
TransUnion
(b)
........................
20,976
1,657,523
Verisk
Analytics,
Inc.
...................
15,069
3,276,905
19,822,532
Real
Estate
Management
&
Development
—
0.7%
(a)
CBRE
Group,
Inc.
,
Class
A
..............
32,032
5,456,010
CoStar
Group,
Inc.
....................
42,930
2,640,195
Zillow
Group,
Inc.
,
Class
A
...............
5,643
351,220
Security
Shares
Shares
Value
Real
Estate
Management
&
Development
(continued)
Zillow
Group,
Inc.
,
Class
C,
NVS
..........
18,147
$
1,143,806
9,591,231
Residential
REITs
—
0.8%
AvalonBay
Communities,
Inc.
............
14,688
2,609,617
Equity
Residential
....................
37,072
2,310,327
Essex
Property
Trust,
Inc.
...............
6,623
1,668,135
Invitation
Homes,
Inc.
..................
60,244
1,610,322
Mid-America
Apartment
Communities,
Inc.
....
12,593
1,691,240
Sun
Communities,
Inc.
.................
11,873
1,512,976
11,402,617
Retail
REITs
—
1.0%
Kimco
Realty
Corp.
...................
73,228
1,543,646
Realty
Income
Corp.
...................
95,936
5,867,446
Simon
Property
Group,
Inc.
..............
34,918
6,680,163
14,091,255
Semiconductors
&
Semiconductor
Equipment
—
2.8%
Astera
Labs,
Inc.
(a)
....................
14,053
2,116,663
Credo
Technology
Group
Holding
Ltd.
(a)
......
15,930
1,995,710
Entegris,
Inc.
........................
16,124
1,903,761
First
Solar,
Inc.
(a)
.....................
10,945
2,468,316
Marvell
Technology,
Inc.
................
92,617
7,309,334
Microchip
Technology,
Inc.
...............
58,267
4,423,631
Monolithic
Power
Systems,
Inc.
...........
4,915
5,525,197
NXP
Semiconductors
NV
...............
26,057
5,892,530
ON
Semiconductor
Corp.
(a)
..............
43,291
2,592,698
Qnity
Electronics,
Inc.
..................
22,470
2,161,164
Teradyne,
Inc.
.......................
16,833
4,057,595
40,446,599
Software
—
3.7%
Atlassian
Corp.
,
Class
A
(a)
...............
17,933
2,119,322
Autodesk,
Inc.
(a)
......................
22,870
5,783,137
Bentley
Systems,
Inc.
,
Class
B
(b)
...........
14,770
518,722
Circle
Internet
Group,
Inc.
,
Class
A
(a)
........
4,937
315,622
Datadog,
Inc.
,
Class
A
(a)
................
33,048
4,273,767
DocuSign,
Inc.
(a)
.....................
22,028
1,157,351
Dynatrace,
Inc.
(a)
.....................
32,199
1,226,460
Fair
Isaac
Corp.
(a)
.....................
2,510
3,672,557
Fortinet,
Inc.
(a)
.......................
67,677
5,499,433
Gen
Digital,
Inc.
......................
61,212
1,468,476
Guidewire
Software,
Inc.
(a)
...............
9,050
1,273,878
HubSpot,
Inc.
(a)
......................
5,408
1,514,240
Nutanix,
Inc.
,
Class
A
(a)
.................
27,768
1,092,116
PTC,
Inc.
(a)
.........................
12,806
1,999,401
Roper
Technologies,
Inc.
................
11,441
4,247,243
Strategy,
Inc.
,
Class
A
(a)
................
28,830
4,316,139
Trimble,
Inc.
(a)
.......................
25,771
1,742,120
Tyler
Technologies,
Inc.
(a)
...............
4,613
1,704,042
Unity
Software,
Inc.
(a)
..................
34,833
1,013,640
Workday,
Inc.
,
Class
A
(a)
(b)
...............
23,224
4,078,831
Zoom
Communications,
Inc.
,
Class
A
(a)
......
25,738
2,370,470
Zscaler,
Inc.
(a)
.......................
10,635
2,127,106
53,514,073
Specialized
REITs
—
1.9%
Crown
Castle,
Inc.
....................
44,442
3,858,010
Digital
Realty
Trust,
Inc.
................
34,242
5,682,460
Extra
Space
Storage,
Inc.
...............
22,005
3,036,030
Iron
Mountain,
Inc.
....................
31,763
2,926,325
Public
Storage
.......................
17,052
4,709,592
SBA
Communications
Corp.
.............
11,616
2,138,622
VICI
Properties,
Inc.
...................
113,218
3,179,161
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
5
(Percentages
shown
are
based
on
Net
Assets)
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the period
ended
January
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Security
Shares
Shares
Value
Specialized
REITs
(continued)
Weyerhaeuser
Co.
....................
74,584
$
1,922,776
27,452,976
Specialty
Retail
—
2.1%
AutoZone,
Inc.
(a)
.....................
1,799
6,664,018
Best
Buy
Co.,
Inc.
....................
21,077
1,372,113
Burlington
Stores,
Inc.
(a)
................
6,754
1,998,238
Carvana
Co.
,
Class
A
(a)
.................
14,856
5,958,890
Ross
Stores,
Inc.
.....................
34,289
6,468,620
Tractor
Supply
Co.
....................
54,818
2,789,140
Ulta
Beauty,
Inc.
(a)
....................
4,844
3,135,812
Williams-Sonoma,
Inc.
.................
13,228
2,707,110
31,093,941
Technology
Hardware,
Storage
&
Peripherals
—
2.9%
Dell
Technologies,
Inc.
,
Class
C
...........
33,145
3,793,114
Hewlett
Packard
Enterprise
Co.
...........
141,614
3,047,533
HP,
Inc.
...........................
101,786
1,978,720
IonQ,
Inc.
(a)
(b)
........................
37,660
1,505,647
NetApp,
Inc.
........................
20,777
2,001,864
Pure
Storage,
Inc.
,
Class
A
(a)
.............
33,055
2,298,645
Sandisk
Corp.
(a)
......................
12,510
7,208,887
Seagate
Technology
Holdings
plc
..........
21,952
8,949,611
Super
Micro
Computer,
Inc.
(a)
.............
56,761
1,652,313
Western
Digital
Corp.
..................
37,041
9,268,769
41,705,103
Textiles,
Apparel
&
Luxury
Goods
—
0.8%
Lululemon
Athletica,
Inc.
(a)
...............
11,344
1,979,528
NIKE,
Inc.
,
Class
B
...................
121,464
7,507,690
Tapestry,
Inc.
........................
22,298
2,829,839
12,317,057
Trading
Companies
&
Distributors
—
1.6%
Fastenal
Co.
........................
122,814
5,325,215
Ferguson
Enterprises,
Inc.
...............
21,589
5,450,359
Security
Shares
Shares
Value
Trading
Companies
&
Distributors
(continued)
United
Rentals,
Inc.
...................
6,843
$
5,351,636
Watsco,
Inc.
........................
3,753
1,450,347
WW
Grainger,
Inc.
....................
4,804
5,188,032
22,765,589
Water
Utilities
—
0.2%
American
Water
Works
Co.,
Inc.
...........
20,963
2,706,952
Total
Long-Term
Investments
—
99
.9
%
(Cost:
$
1,134,022,588
)
............................
1,450,690,433
Short-Term
Securities
Money
Market
Funds
—
1.8%
(c)(d)
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
3.82
%
(e)
...................
24,790,380
24,802,776
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
3.64
%
....................
1,408,827
1,408,827
Total
Short-Term
Securities
—
1
.8
%
(Cost:
$
26,203,959
)
...............................
26,211,603
Total
Investments
—
101
.7
%
(Cost:
$
1,160,226,547
)
............................
1,476,902,036
Liabilities
in
Excess
of
Other
Assets
—
(
1.7
)
%
.............
(
24,200,607
)
Net
Assets
—
100.0%
...............................
$
1,452,701,429
(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.
Affiliated
Issuer
Value
at
04/30/25
Purchases
at
Cost
Proceeds
from
Sales
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
01/31/26
Shares
Held
at
01/31/26
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
..............
$
23,133,198
$
1,667,473
(a)
$
—
$
1,146
$
959
$
24,802,776
24,790,380
$
131,977
(b)
$
—
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
2,037,118
—
(
628,291
)
(a)
—
—
1,408,827
1,408,827
49,233
—
$
1,146
$
959
$
26,211,603
$
181,210
$
—
—
—
(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
collateral
investment
fees,
and
other
payments
to
and
from
borrowers
of
securities.
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2026
iShares
®
Morningstar
Mid-Cap
ETF
6
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments
at
the
measurement
date.
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
that
the
Fund
has
the
ability
to
access
for
identical
assets
or
liabilities;
Level
2
—
Inputs
other
than
quoted
prices
included
within
Level
1
that
are
observable
for
the
asset
or
liability,
either
directly
or
indirectly;
and
Level
3
—
Inputs
that
are
unobservable
and
significant
to
the
entire
fair
value
measurement
for
the
asset
or
liability
(including
the
Valuation
Committee's
assumptions
used
in
determining
the
fair
value
of
financial
instruments).
The
hierarchy
gives
the
highest
priority
to
unadjusted
quoted
prices
in
active
markets
for
identical
assets
or
liabilities
(Level
1
measurements)
and
the
lowest
priority
to
unobservable
inputs
(Level
3
measurements).
Accordingly,
the
degree
of
judgment
exercised
in
determining
fair
value
is
greatest
for
instruments
categorized
in
Level
3.
The
inputs
used
to
measure
fair
value
may
fall
into
different
levels
of
the
fair
value
hierarchy.
In
such
cases,
for
disclosure
purposes,
the
fair
value
hierarchy
classification
is
determined
based
on
the
lowest
level
input
that
is
significant
to
the
fair
value
measurement
in
its
entirety.
Investments
classified
within
Level
3
have
significant
unobservable
inputs
used
by
the
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds,
that
may
not have
a
secondary
market,
and/
or
may
have
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.
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
Midcap
400
E-Mini
Index
.................................................
4
03/20/26
$
1,379
$
39,600
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
.........................................
$
1,450,690,433
$
—
$
—
$
1,450,690,433
Short-Term
Securities
Money
Market
Funds
......................................
26,211,603
—
—
26,211,603
$
1,476,902,036
$
—
$
—
$
1,476,902,036
Derivative
Financial
Instruments
(a)
Assets
Equity
contracts
...........................................
$
39,600
$
—
$
—
$
39,600
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Portfolio
Abbreviation
MSCI
Morgan
Stanley
Capital
International
Nasdaq
National
Association
of
Securities
Dealers
Automated
Quotations
NVS
Non-Voting
Shares
REIT
Real
Estate
Investment
Trust