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        <name>FERGUSON ENTERPRISES INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALLEGION PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROCKET LAB CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MASCO CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KEYSIGHT TECHNOLOGIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crane Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AMENTUM HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE TORO COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CARLISLE COMPANIES INCORPORATED</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PRIMORIS SERVICES CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CATERPILLAR INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ARMSTRONG WORLD INDUSTRIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PARKER-HANNIFIN CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VONTIER CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COGNEX CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STANDARDAERO, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VERISK ANALYTICS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AGCO CORPORATION</name>
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        <name>SENSATA TECHNOLOGIES HOLDING PLC</name>
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        <name>HAYWARD HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>THE WESTERN UNION COMPANY</name>
        <lei>28ID94QU1140NC23S047</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>FLOWSERVE CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AMCOR PLC</name>
        <lei>549300GSODGFCDQ3DI89</lei>
        <title>AMCOR PLC</title>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BUILDERS FIRSTSOURCE, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QUANTA SERVICES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>METTLER-TOLEDO INTERNATIONAL INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SUNBELT RENTALS HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HEICO CORPORATION</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KARMAN HOLDINGS INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ATI INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>L3HARRIS TECHNOLOGIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AMETEK, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EXLSERVICE HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DEERE &amp; COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SCHNEIDER NATIONAL, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ESAB CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KIRBY CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GATES INDUSTRIAL CORPORATION PLC</name>
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        <title>GATES INDUSTRIAL CORP LTD</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PACKAGING CORPORATION OF AMERICA</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DONALDSON COMPANY, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NVENT ELECTRIC PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
        <title>NVENT ELECTRIC PLC</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PLANET LABS PBC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RPM INTERNATIONAL INC.</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM INTERNATIONAL INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>TRANSUNION</name>
        <lei>549300ZS772LUNUMRB03</lei>
        <title>TRANSUNION</title>
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        <fairValLevel>1</fairValLevel>
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        <name>FORTUNE BRANDS INNOVATIONS, INC.</name>
        <lei>54930032LHW54PQUJD44</lei>
        <title>FORTUNE BRANDS INNOVATION</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Loar Holdings Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>AAON, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EQUIFAX INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>OLD DOMINION FREIGHT LINE, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ADT INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FORGENT POWER SOLUTIONS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SIMPSON MANUFACTURING CO., INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GENERAC HOLDINGS INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SILGAN HOLDINGS INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PACCAR INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EATON CORPORATION PUBLIC LIMITED COMPANY</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ROBERT HALF INC.</name>
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        <name>GE VERNOVA INC.</name>
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        <name>UNION PACIFIC CORPORATION</name>
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        <name>LOCKHEED MARTIN CORPORATION</name>
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        <name>J. B. HUNT TRANSPORT SERVICES, INC.</name>
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        <name>WESCO INTERNATIONAL, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HONEYWELL AEROSPACE INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CSX Corporation</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MKS, INCORPORATED.</name>
        <lei>549300KEQATBHAGVF505</lei>
        <title>MKS INC</title>
        <cusip>55306N104</cusip>
        <identifiers>
          <isin value="US55306N1046"/>
          <other otherDesc="Internal" value="55306N104"/>
        </identifiers>
        <balance>15561.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4628619.45000000</valUSD>
        <pctVal>0.238242195307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORFOLK SOUTHERN CORPORATION</name>
        <lei>N/A</lei>
        <title>NORFOLK SOUTHERN CORP</title>
        <cusip>655844108</cusip>
        <identifiers>
          <isin value="US6558441084"/>
          <other otherDesc="Internal" value="655844108"/>
        </identifiers>
        <balance>52233.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17523126.84000000</valUSD>
        <pctVal>0.901942415469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS TOOL WORKS INC.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
        <title>ILLINOIS TOOL WORKS INC</title>
        <cusip>452308109</cusip>
        <identifiers>
          <isin value="US4523081093"/>
          <other otherDesc="Internal" value="452308109"/>
        </identifiers>
        <balance>66833.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19177729.35000000</valUSD>
        <pctVal>0.987107363377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXON ENTERPRISE, INC.</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>AXON ENTERPRISE INC</title>
        <cusip>05464C101</cusip>
        <identifiers>
          <isin value="US05464C1018"/>
          <other otherDesc="Internal" value="05464C101"/>
        </identifiers>
        <balance>17924.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9459570.24000000</valUSD>
        <pctVal>0.486898697331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWELL INDUSTRIES, INC.</name>
        <lei>N/A</lei>
        <title>POWELL INDUSTRIES INC</title>
        <cusip>739128106</cusip>
        <identifiers>
          <isin value="US7391281067"/>
          <other otherDesc="Internal" value="739128106"/>
        </identifiers>
        <balance>6675.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1392939.00000000</valUSD>
        <pctVal>0.071696722721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPX TECHNOLOGIES, INC.</name>
        <lei>N/A</lei>
        <title>SPX TECHNOLOGIES INC</title>
        <cusip>78473E103</cusip>
        <identifiers>
          <isin value="US78473E1038"/>
          <other otherDesc="Internal" value="78473E103"/>
        </identifiers>
        <balance>11328.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2487855.36000000</valUSD>
        <pctVal>0.128053759652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DUPONT DE NEMOURS, INC.</name>
        <lei>5493004JF0SDFLM8GD76</lei>
        <title>DUPONT DE NEMOURS INC</title>
        <cusip>26614N201</cusip>
        <identifiers>
          <isin value="US26614N2018"/>
          <other otherDesc="Internal" value="26614N201"/>
        </identifiers>
        <balance>31724.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4346188.00000000</valUSD>
        <pctVal>0.223705012158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDEX FREIGHT HOLDING COMPANY, INC.</name>
        <lei>984500Y1DA5A58ICE336</lei>
        <title>FEDEX FREIGHT HOLDING CO INC</title>
        <cusip>314352105</cusip>
        <identifiers>
          <isin value="US3143521058"/>
          <other otherDesc="Internal" value="314352105"/>
        </identifiers>
        <balance>25426.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3573115.78000000</valUSD>
        <pctVal>0.183913790431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORPAY, INC.</name>
        <lei>549300DG6RR0NQSFLN74</lei>
        <title>CORPAY INC</title>
        <cusip>219948106</cusip>
        <identifiers>
          <isin value="US2199481068"/>
          <other otherDesc="Internal" value="219948106"/>
        </identifiers>
        <balance>14842.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5671276.62000000</valUSD>
        <pctVal>0.291909370978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE SHERWIN-WILLIAMS COMPANY</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>SHERWIN WILLIAMS CO</title>
        <cusip>824348106</cusip>
        <identifiers>
          <isin value="US8243481061"/>
          <other otherDesc="Internal" value="824348106"/>
        </identifiers>
        <balance>53813.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18342161.05000000</valUSD>
        <pctVal>0.944099371842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JACK HENRY &amp; ASSOCIATES, INC.</name>
        <lei>N/A</lei>
        <title>JACK HENRY ASSOCIATES INC</title>
        <cusip>426281101</cusip>
        <identifiers>
          <isin value="US4262811015"/>
          <other otherDesc="Internal" value="426281101"/>
        </identifiers>
        <balance>16767.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2582788.68000000</valUSD>
        <pctVal>0.132940124325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DYCOM INDUSTRIES, INC.</name>
        <lei>N/A</lei>
        <title>DYCOM INDUSTRIES INC</title>
        <cusip>267475101</cusip>
        <identifiers>
          <isin value="US2674751019"/>
          <other otherDesc="Internal" value="267475101"/>
        </identifiers>
        <balance>6902.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2768185.14000000</valUSD>
        <pctVal>0.142482766599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE MIDDLEBY CORPORATION</name>
        <lei>N/A</lei>
        <title>MIDDLEBY CORP</title>
        <cusip>596278101</cusip>
        <identifiers>
          <isin value="US5962781010"/>
          <other otherDesc="Internal" value="596278101"/>
        </identifiers>
        <balance>10011.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1337269.38000000</valUSD>
        <pctVal>0.068831321358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACCENTURE PUBLIC LIMITED COMPANY</name>
        <lei>5493000EWHDSR3MZWH98</lei>
        <title>ACCENTURE PLC</title>
        <cusip>G1151C101</cusip>
        <identifiers>
          <isin value="IE00B4BNMY34"/>
          <other otherDesc="Internal" value="G1151C101"/>
        </identifiers>
        <balance>142631.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23665335.52000000</valUSD>
        <pctVal>1.218091387267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CORPORATION</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>CAPITAL ONE FINANCIAL CORP</title>
        <cusip>14040H105</cusip>
        <identifiers>
          <isin value="US14040H1059"/>
          <other otherDesc="Internal" value="14040H105"/>
        </identifiers>
        <balance>144852.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30275516.52000000</valUSD>
        <pctVal>1.558327617494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      
      
      
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
      
      
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort </ncom:signature>
      <ncom:signerName>Chuck Pulsfort </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
