Home
File Metadata
afs-b-ishares-morningstar-etfs-08-31-en.pdf
Annotation: open/document-extraction

open/document-extraction

Added by Kamaji | Added: 2026-10-26 22:14 | Views: 2 | Model: dorsalhub/pdf-extractor

This view of the annotation often reflects the precision of the extraction model or annotator, as well as the complexity of the document.

AUGUST 31, 2026

2026 Annual Financial Statements

and Additional Information

iShares Trust

• iShares Morningstar Small-Cap ETF | ISCB | NYSE Arca • iShares Morningstar U.S. Equity ETF | ILCB | NYSE Arca

NM1026U-6054665-1/48

Page 2

Page Schedules of Investments ............................................................................................................................... ............................. 3 Statements of Assets and Liabilities ............................................................................................................................... .................... 27 Statements of Operations ............................................................................................................................... ............................. 28 Statements of Changes in Net Assets ............................................................................................................................... .................. 29 Financial Highlights ............................................................................................................................... ................................... 31 Notes to Financial Statements ............................................................................................................................... ......................... 33 Report of Independent Registered Public Accounting Firm ............................................................................................................................. 41 Important Tax Information ............................................................................................................................... ............................. 42 Additional Information ............................................................................................................................... ................................. 43 Board Review and Approval of Investment Advisory Contract .......................................................................................................................... 44 Glossary of Terms Used in these Financial Statements ............................................................................................................................... . 47

Table of Contents

2 NM1026U-6054665-2/48

Page 3

Security Shares Value Common Stocks

Aerospace & Defense — 1.6% AAR Corp. (a) ........................................... 1,751 $ 226,387 AeroVironment, Inc. (a) .................................. 1,703 252,640 Aevex Corp., Class A (a)(b) ............................... 818 14,397 Archer Aviation, Inc., Class A (a)(b) ....................... 29,637 171,302 Arxis, Inc., Class A (a) ................................... 2,068 107,060 Astronics Corp. (a) ...................................... 1,261 92,898 Beta Technologies, Inc., Class A (a) ...................... 1,586 31,879 Cadre Holdings, Inc. .................................... 1,234 36,600 Ducommun, Inc. (a) ..................................... 544 93,252 Eve Holding, Inc., Class A (a)(b) .......................... 4,136 9,306 Firefly Aerospace, Inc. (a)(b) .............................. 3,471 73,307 Hexcel Corp. ........................................... 3,295 305,348 Huntington Ingalls Industries, Inc. ....................... 1,769 515,133 Intuitive Machines, Inc., Class A (a)(b) .................... 5,275 81,024 Karman Holdings, Inc. (a) ................................ 5,590 231,705 Kratos Defense & Security Solutions, Inc. (a) ............. 8,269 421,554 Leonardo DRS, Inc. .................................... 3,273 124,374 Loar Holdings, Inc. (a)(b) ................................. 1,786 125,359 Mercury Systems, Inc. (a) ................................ 2,438 212,911 Merlin, Inc. (a) ........................................... 1,235 3,742 Moog, Inc., Class A ..................................... 1,274 473,291 National Presto Industries, Inc. .......................... 204 30,949 Red Cat Holdings, Inc. (a)(b) ............................. 5,433 46,669 Redwire Corp. (a)(b) ..................................... 8,707 93,165 Satellogic, Inc., Class A (a)(b) ............................. 4,369 21,277 StandardAero, Inc. (a) ................................... 10,276 251,659 V2X, Inc. (a) ............................................ 1,308 100,925 Voyager Technologies, Inc., Class A (a)(b) ................. 2,374 79,838 VSE Corp. ............................................. 1,157 241,443 York Space Systems, Inc. (a)(b) ........................... 817 7,427 4,476,821 Air Freight & Logistics — 0.1% GXO Logistics, Inc. (a) ................................... 5,153 245,952 Hub Group, Inc., Class A ............................... 2,725 108,646 354,598 Automobile Components — 1.2% Adient PLC (a) .......................................... 3,426 64,991 Aptiv PLC (a) ............................................ 9,464 423,609 Autoliv, Inc. ............................................ 2,798 339,146 BorgWarner, Inc. ....................................... 9,242 592,967 Dana, Inc. ............................................. 4,817 144,414 Dauch Corp. (a) ......................................... 9,934 62,187 Dorman Products, Inc. (a) ................................ 1,220 157,197 Fox Factory Holding Corp. (a) ............................ 1,988 40,615 Garrett Motion, Inc. ..................................... 7,629 205,601 Gentex Corp. .......................................... 9,549 213,611 Gentherm, Inc. (a) ....................................... 1,356 53,277 Goodyear Tire & Rubber Co. (The) (a)(b) .................. 11,364 71,252 Kodiak AI, Inc. (a)(b) ..................................... 4,564 17,252 LCI Industries .......................................... 1,005 101,133 Lear Corp. ............................................. 2,259 282,352 Mobileye Global, Inc., Class A (a) ........................ 8,233 70,227 Patrick Industries, Inc. .................................. 1,409 115,143 Phinia, Inc. ............................................. 1,649 112,858 QuantumScape Corp., Class A (a)(b) ...................... 22,065 123,343 Solid Power, Inc., Class A (a)(b) .......................... 8,527 19,868 Standard Motor Products, Inc. .......................... 1,039 39,191 Versigent PLC (a) ....................................... 3,184 150,922

Security Shares Value

Automobile Components (continued) Visteon Corp. .......................................... 1,057 $ 107,624 XPEL, Inc. (a) ........................................... 983 48,423 3,557,203 Automobiles — 0.1% Harley-Davidson, Inc. .................................. 4,449 122,792 Lucid Group, Inc. (a)(b) ................................... 7,623 36,972 Thor Industries, Inc. .................................... 2,279 173,204 Winnebago Industries, Inc. ............................. 1,132 34,062 367,030 Banks — 6.1% 1st Source Corp. ....................................... 832 71,244 Amalgamated Financial Corp. ........................... 743 35,716 Ameris Bancorp ........................................ 2,729 229,918 Associated Banc-Corp. ................................. 7,355 225,137 Atlantic Union Bankshares Corp. ........................ 5,762 232,381 Axos Financial, Inc. (a) .................................. 2,167 209,744 Banc of California, Inc. ................................. 5,418 100,883 BancFirst Corp. ........................................ 978 106,817 Bancorp, Inc. (The) (a) ................................... 1,723 111,995 Bank First Corp. ........................................ 458 69,002 Bank of Hawaii Corp. ................................... 1,740 132,118 Bank OZK ............................................. 4,333 212,664 BankUnited, Inc. ....................................... 2,817 128,455 Banner Corp. .......................................... 1,400 98,196 BOK Financial Corp. ................................... 758 103,149 Burke & Herbert Financial Services Corp. ............... 812 57,904 Business First Bancshares, Inc. ......................... 1,402 43,490 Byline Bancorp, Inc. .................................... 1,343 50,927 Capitol Federal Financial, Inc. .......................... 4,661 40,131 Cathay General Bancorp ............................... 2,711 165,940 Central Pacific Financial Corp. .......................... 1,087 40,458 City Holding Co. ........................................ 607 86,771 CNB Financial Corp. ................................... 1,268 42,884 Coastal Financial Corp. (a)(b) ............................. 554 26,099 Columbia Banking System, Inc. ......................... 12,493 370,293 Columbia Financial, Inc. ................................ 4,347 50,512 Commerce Bancshares, Inc. ............................ 6,291 363,054 Community Financial System, Inc. ...................... 2,296 144,074 Community Trust Bancorp, Inc. ......................... 726 55,270 ConnectOne Bancorp, Inc. .............................. 2,162 67,973 Cullen/Frost Bankers, Inc. .............................. 2,673 430,006 Customers Bancorp, Inc. (a) ............................. 1,445 112,970 CVB Financial Corp. .................................... 7,004 155,279 Dime Commercial Bancshares, Inc. ..................... 1,729 69,852 Eagle Bancorp, Inc. .................................... 1,259 34,358 Eastern Bankshares, Inc. ............................... 9,058 198,914 Enterprise Financial Services Corp. ..................... 1,653 104,519 Equity Bancshares, Inc., Class A ........................ 682 33,664 Esquire Financial Holdings, Inc. ......................... 342 38,208 Farmers National Banc Corp. ........................... 2,733 42,662 FB Financial Corp. ..................................... 1,924 109,591 First Bancorp .......................................... 1,739 110,305 First Bancorp .......................................... 6,309 175,895 First Busey Corp. ...................................... 3,758 113,116 First Commonwealth Financial Corp. .................... 4,158 86,071 First Financial Bancorp ................................. 4,051 132,184 First Financial Bankshares, Inc. ......................... 5,427 180,339 First Hawaiian, Inc. ..................................... 5,320 136,245 First Horizon Corp. ..................................... 21,905 532,730 First Interstate BancSystem, Inc., Class A ............... 3,420 125,890 First Merchants Corp. .................................. 2,847 118,065 First Mid Bancshares, Inc. .............................. 1,075 53,492

Schedule of Investments

August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-3/48 3

Page 4

Security Shares Value

Banks (continued) Firstsun Capital Bancorp (a) ............................. 1,097 $ 43,891 Five Star Bancorp ...................................... 703 32,211 Flagstar Bank N.A. ..................................... 13,422 178,647 FNB Corp. ............................................. 15,436 281,398 Fulton Financial Corp. .................................. 8,409 197,275 German American Bancorp, Inc. ........................ 1,623 80,046 Glacier Bancorp, Inc. ................................... 5,921 274,202 Hancock Whitney Corp. ................................ 3,653 272,112 Hanmi Financial Corp. .................................. 1,250 38,750 Heritage Financial Corp. ................................ 1,733 49,512 Hilltop Holdings, Inc. ................................... 1,777 67,615 Home BancShares, Inc. ................................ 8,523 251,088 HomeTrust Bancshares, Inc. ............................ 672 31,208 Hope Bancorp, Inc. ..................................... 5,422 74,769 Horizon Bancorp, Inc. .................................. 2,305 44,763 Independent Bank Corp. ................................ 2,034 165,120 International Bancshares Corp. ......................... 2,263 158,772 Lakeland Financial Corp. ............................... 1,124 66,417 Live Oak Bancshares, Inc. .............................. 1,540 60,661 Mechanics Bancorp, Class A ............................ 2,122 33,400 Mercantile Bank Corp. .................................. 758 45,298 Metropolitan Bank Holding Corp. ........................ 486 44,119 National Bank Holdings Corp., Class A .................. 1,850 76,386 NB Bancorp, Inc. ....................................... 1,715 38,296 NBT Bancorp, Inc. ...................................... 2,176 111,890 Nicolet Bankshares, Inc. ................................ 913 154,607 Northeast Bank (b) ...................................... 344 43,396 Northwest Bancshares, Inc. ............................. 5,811 88,850 OceanFirst Financial Corp. ............................. 3,654 68,841 OFG Bancorp .......................................... 1,698 88,381 Old National Bancorp ................................... 14,735 376,921 Old Second Bancorp, Inc. .............................. 2,177 54,599 Origin Bancorp, Inc. .................................... 1,287 68,378 Park National Corp. .................................... 739 144,319 Pathward Financial, Inc. ................................ 923 75,188 Peapack-Gladstone Financial Corp. ..................... 643 28,704 Peoples Bancorp, Inc. .................................. 1,581 62,244 Pinnacle Financial Partners, Inc. ........................ 6,548 654,604 Popular, Inc. ........................................... 2,728 458,822 Prosperity Bancshares, Inc. ............................. 5,096 364,670 Provident Financial Services, Inc. ....................... 5,371 125,681 QCR Holdings, Inc. ..................................... 662 65,849 Renasant Corp. ........................................ 3,982 162,904 Republic Bancorp, Inc., Class A ......................... 397 37,123 S&T Bancorp, Inc. ...................................... 1,454 71,944 Seacoast Banking Corp. of Florida ...................... 4,241 144,003 ServisFirst Bancshares, Inc. ............................ 4,862 209,260 Simmons First National Corp., Class A .................. 6,474 146,183 Southside Bancshares, Inc. ............................. 1,305 41,186 SouthState Bank Corp. ................................. 4,163 436,657 Stock Yards Bancorp, Inc. .............................. 1,136 89,983 Texas Capital Bancshares, Inc. ......................... 1,838 178,617 Tompkins Financial Corp. ............................... 579 56,232 Towne Bank ........................................... 3,749 138,863 TriCo Bancshares ...................................... 1,346 71,849 Triumph Financial, Inc. (a) ............................... 1,013 72,176 TrustCo Bank Corp. .................................... 697 39,534 Trustmark Corp. ........................................ 2,282 104,789 UMB Financial Corp. ................................... 3,090 437,637 United Bankshares, Inc. ................................ 5,989 282,262 United Community Banks, Inc. .......................... 5,021 174,932 Univest Financial Corp. ................................. 1,232 51,153

Security Shares Value

Banks (continued) Valley National Bancorp ................................ 20,380 $ 277,983 WaFd, Inc. ............................................. 3,236 115,719 WesBanco, Inc. ........................................ 3,980 159,240 Westamerica BanCorp ................................. 926 53,754 Western Alliance Bancorp .............................. 4,756 371,586 Wintrust Financial Corp. ................................ 2,994 450,178 WSFS Financial Corp. .................................. 2,297 177,903 Zions Bancorp N.A. .................................... 6,349 423,415 17,386,519 Beverages — 0.7% Boston Beer Co., Inc. (The), Class A (a) .................. 320 56,899 Brown-Forman Corp., Class A .......................... 2,208 60,146 Brown-Forman Corp., Class B, NVS ..................... 12,519 332,630 Celsius Holdings, Inc. (a) ................................ 8,248 259,400 Coca-Cola Consolidated, Inc. ........................... 2,555 499,681 Molson Coors Beverage Co., Class B ................... 6,680 265,597 National Beverage Corp. ............................... 1,221 38,620 Primo Brands Corp., Class A ............................ 10,877 248,213 Vita Coco Co., Inc. (The) (a) ............................. 2,243 131,698 1,892,884 Biotechnology — 5.9% Absci Corp. (a) .......................................... 5,641 50,995 ACADIA Pharmaceuticals, Inc. (a) ........................ 5,636 162,937 ADMA Biologics, Inc. (a) ................................. 10,075 94,604 Agios Pharmaceuticals, Inc. (a) .......................... 2,551 85,918 Aktis Oncology, Inc. (a)(b) ................................ 904 23,423 Alkermes PLC (a) ....................................... 7,180 337,388 AnaptysBio, Inc. (a) ...................................... 826 47,107 Annexon, Inc. (a) ........................................ 6,291 31,078 Apogee Therapeutics, Inc. (a) ............................ 1,823 246,251 Arbutus Biopharma Corp. (a) ............................. 6,673 33,899 Arcus Biosciences, Inc. (a) ............................... 3,839 112,406 Arcutis Biotherapeutics, Inc. (a) .......................... 4,781 114,601 Ardelyx, Inc. (a) ......................................... 10,655 40,276 ArriVent Biopharma, Inc. (a) .............................. 1,457 43,783 Arrowhead Pharmaceuticals, Inc. (a) ..................... 5,539 456,358 ARS Pharmaceuticals, Inc. (a)(b) ......................... 2,495 14,970 Aurinia Pharmaceuticals, Inc. (a) ......................... 4,948 79,712 Beam Therapeutics, Inc. (a) .............................. 4,193 123,400 Bicara Therapeutics, Inc. (a) ............................. 1,663 38,449 BioCryst Pharmaceuticals, Inc. (a) ........................ 10,494 101,792 Biohaven Ltd. (a) ........................................ 5,941 90,719 BioMarin Pharmaceutical, Inc. (a) ........................ 8,699 567,436 Bridgebio Pharma, Inc. (a) ............................... 7,383 565,464 CareDx, Inc. (a) ......................................... 2,150 107,737 Caris Life Sciences, Inc. (a)(b) ............................ 4,759 121,307 Celcuity, Inc. (a)(b) ....................................... 1,011 90,040 Celldex Therapeutics, Inc. (a) ............................ 2,846 112,787 CG oncology, Inc. (a)(b) .................................. 2,551 191,733 Cogent Biosciences, Inc. (a) ............................. 6,956 243,460 Corvus Pharmaceuticals, Inc. (a) ......................... 2,886 40,519 CRISPR Therapeutics AG (a)(b) .......................... 4,191 238,803 Cullinan Therapeutics, Inc. (a) ............................ 2,054 45,332 Cytokinetics, Inc. (a) ..................................... 5,565 394,614 CytomX Therapeutics, Inc. (a) ............................ 8,428 28,318 Damora Therapeutics, Inc. (a)(b) .......................... 2,013 56,726 Denali Therapeutics, Inc. (a) ............................. 6,080 144,461 Design Therapeutics, Inc. (a)(b) ........................... 1,744 26,317 Dianthus Therapeutics, Inc. (a)(b) ......................... 1,709 180,487 Disc Medicine, Inc. (a) ................................... 1,550 121,907 Dyne Therapeutics, Inc. (a) .............................. 7,751 197,108 Erasca, Inc. (a) .......................................... 9,786 174,974

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

4 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-4/48 A DDITIONAL I NF M1 A 026U-605466 DDITIONAL 4 I /48 NFORMATION

Page 5

Security Shares Value

Biotechnology (continued) Evommune, Inc. (a)(b) .................................... 831 $ 10,520 Exelixis, Inc. (a) ......................................... 10,294 562,464 First Tracks Biotherapeutics, Inc. (a) ...................... 1,448 60,584 Generate Biomedicines, Inc. (a)(b) ........................ 1,115 17,026 Geron Corp. (a) ......................................... 21,772 32,440 GRAIL, Inc. (a) .......................................... 1,731 137,389 Halozyme Therapeutics, Inc. (a) .......................... 5,326 567,166 Hyperliquid Strategies, Inc. (a) ........................... 5,416 66,346 Ideaya Biosciences, Inc. (a) .............................. 4,115 165,011 ImmunityBio, Inc. (a)(b) ................................... 17,015 135,269 Immunome, Inc. (a)(b) .................................... 4,411 120,906 Immunovant, Inc. (a) ..................................... 3,864 157,728 Inhibrx Biosciences, Inc. (a) .............................. 398 50,427 Intellia Therapeutics, Inc. (a)(b) ........................... 5,883 74,891 Ionis Pharmaceuticals, Inc. (a) ........................... 7,426 448,233 Iovance Biotherapeutics, Inc. (a)(b) ....................... 15,580 127,289 Jade Biosciences, Inc. (a) ................................ 2,353 50,260 Janux Therapeutics, Inc. (a) .............................. 2,013 36,677 Kailera Therapeutics, Inc. (a)(b) ........................... 1,996 30,738 Kiniksa Pharmaceuticals International PLC (a) ............ 1,878 147,667 Kodiak Sciences, Inc. (a)(b) .............................. 1,789 66,819 Krystal Biotech, Inc., Class A3 (a) ........................ 1,153 414,342 Kura Oncology, Inc. (a) .................................. 3,379 42,744 Kymera Therapeutics, Inc. (a) ............................ 2,398 284,906 Madrigal Pharmaceuticals, Inc. (a) ....................... 861 464,966 MannKind Corp. (a)(b) .................................... 13,557 54,364 MapLight Therapeutics, Inc. (a)(b) ........................ 756 9,805 MeiraGTx Holdings PLC (a) .............................. 1,898 26,211 Mineralys Therapeutics, Inc. (a)(b) ........................ 2,439 62,609 Mirum Pharmaceuticals, Inc. (a) .......................... 1,994 195,512 Monte Rosa Therapeutics, Inc. (a)(b) ...................... 2,736 38,140 Neurocrine Biosciences, Inc. (a) .......................... 4,526 697,140 Novavax, Inc. (a)(b) ...................................... 6,917 64,812 Nurix Therapeutics, Inc. (a) .............................. 3,438 88,632 Olema Pharmaceuticals, Inc. (a) ......................... 2,951 30,779 ORIC Pharmaceuticals, Inc. (a)(b) ........................ 2,918 37,905 Oruka Therapeutics, Inc. (a)(b) ........................... 1,604 148,562 Palvella Therapeutics, Inc. (a) ............................ 450 68,666 Praxis Precision Medicines, Inc. (a) ....................... 972 340,492 Precigen, Inc. (a)(b) ...................................... 8,008 55,495 Protagonist Therapeutics, Inc. (a)(b) ...................... 2,384 352,236 PTC Therapeutics, Inc. (a) ............................... 3,281 228,161 Recursion Pharmaceuticals, Inc., Class A (a)(b) ........... 23,036 78,322 Relay Therapeutics, Inc. (a) .............................. 6,958 127,888 Rhythm Pharmaceuticals, Inc. (a) ........................ 2,395 254,181 Sana Biotechnology, Inc. (a) ............................. 8,018 31,030 Sarepta Therapeutics, Inc. (a) ............................ 4,621 97,180 Savara, Inc. (a)(b) ........................................ 4,332 23,349 Scholar Rock Holding Corp. (a) .......................... 3,926 222,997 SELLAS Life Sciences Group, Inc. (a)(b) .................. 8,283 110,495 Sionna Therapeutics, Inc. (a)(b) ........................... 854 5,150 Spyre Therapeutics, Inc. (a) .............................. 3,478 310,690 Stoke Therapeutics, Inc. (a) .............................. 2,364 73,757 Syndax Pharmaceuticals, Inc. (a) ......................... 3,791 73,128 Tango Therapeutics, Inc. (a) ............................. 4,243 96,910 Taysha Gene Therapies, Inc. (a) ......................... 9,303 52,934 TG Therapeutics, Inc. (a) ................................ 6,486 352,190 Travere Therapeutics, Inc. (a) ............................ 4,157 275,526 Twist Bioscience Corp. (a)(b) ............................. 2,719 377,941 Tyra Biosciences, Inc. (a) ................................ 583 14,592 Ultragenyx Pharmaceutical, Inc. (a) ....................... 4,391 110,697 uniQure NV (a)(b) ........................................ 2,897 141,026

Security Shares Value

Biotechnology (continued) Vaxcyte, Inc. (a) ......................................... 5,835 $ 354,418 Vera Therapeutics, Inc., Class A (a)(b) .................... 2,430 82,814 Veracyte, Inc. (a) ........................................ 3,468 149,783 Vericel Corp. (a) ......................................... 2,325 92,768 Viking Therapeutics, Inc. (a)(b) ............................ 4,916 161,146 Vir Biotechnology, Inc. (a) ................................ 5,053 55,280 Viridian Therapeutics, Inc. (a)(b) .......................... 4,277 99,055 Xencor, Inc. (a) .......................................... 2,695 73,479 Z Squared, Inc. (a)(b) .................................... 237 699 Zenas Biopharma, Inc. (a) ............................... 1,340 43,309 Zymeworks, Inc. (a) ..................................... 1,999 58,791 16,753,450 Broadline Retail — 0.4% Dillard’s, Inc., Class A .................................. 186 116,430 Etsy, Inc. (a) ............................................. 4,226 343,701 Kohl’s Corp. ........................................... 4,950 88,209 Macy’s, Inc. ............................................ 10,590 232,556 Ollie’s Bargain Outlet Holdings, Inc. (a)(b) ................. 2,730 205,897 Pattern Group, Inc., Class A (a)(b) ........................ 1,618 33,541 Savers Value Village, Inc. (a)(b) ........................... 1,696 17,520 1,037,854 Building Products — 2.4% A. O. Smith Corp. ...................................... 4,670 276,137 AAON, Inc. ............................................ 3,063 232,696 Advanced Drainage Systems, Inc. ...................... 3,279 445,059 Allegion PLC ........................................... 3,751 582,343 Apogee Enterprises, Inc. ............................... 894 34,920 Armstrong World Industries, Inc. ........................ 1,902 328,247 AZZ, Inc. .............................................. 1,269 174,056 Builders FirstSource, Inc. (a) ............................. 4,838 321,243 Carlisle Cos., Inc. ...................................... 1,799 623,497 CSW Industrials, Inc. ................................... 726 224,298 Fortune Brands Innovations, Inc. ........................ 5,059 224,265 Gibraltar Industries, Inc. (a) .............................. 1,358 61,096 Griffon Corp. ........................................... 1,736 169,069 Hayward Holdings, Inc. (a) ............................... 9,079 127,560 Louisiana-Pacific Corp. ................................. 2,866 202,082 Madison Air Solutions Corp., Class A (a) .................. 4,225 111,540 Masco Corp. ........................................... 9,098 656,512 Masterbrand, Inc. (a) .................................... 8,622 71,131 Modine Manufacturing Co. (a) ............................ 2,155 384,517 Owens Corning ........................................ 3,515 485,597 Resideo Technologies, Inc. (a)(b) ......................... 6,109 118,270 Simpson Manufacturing Co., Inc. ........................ 1,852 338,194 Tecnoglass Holdings, Inc. (b) ............................. 997 39,581 Trex Co., Inc. (a) ........................................ 4,482 204,290 UFP Industries, Inc. .................................... 2,438 206,060 Zurn Elkay Water Solutions Corp. ....................... 6,774 323,797 6,966,057 Capital Markets — 3.4% Acadian Asset Management, Inc. ....................... 1,309 123,308 Affiliated Managers Group, Inc. ......................... 1,194 439,619 Artisan Partners Asset Management, Inc., Class A ....... 3,140 133,670 BGC Group, Inc., Class A ............................... 15,496 186,107 Bitgo Holdings, Inc., Class A (a)(b) ........................ 3,057 21,766 Blue Owl Capital, Inc., Class A .......................... 29,265 358,204 Cohen & Steers, Inc. ................................... 1,333 107,533 DigitalBridge Group, Inc., Class A ....................... 8,391 133,501 Donnelley Financial Solutions, Inc. (a) .................... 1,089 52,599 Evercore, Inc., Class A ................................. 1,602 458,861 FactSet Research Systems, Inc. ........................ 1,647 516,417

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-5/48 5

Page 6

Security Shares Value

Capital Markets (continued) Federated Hermes, Inc., Class B, NVS .................. 3,478 $ 221,375 Franklin Templeton, Inc. ................................ 12,505 427,046 Freedom Holding Corp. (a)(b) ............................. 856 149,809 Galaxy Digital, Inc., Class A (a) ........................... 8,449 207,845 Hamilton Lane, Inc., Class A ............................ 1,644 178,900 Houlihan Lokey, Inc., Class A ........................... 2,453 326,960 Invesco Ltd. ............................................ 14,203 465,574 Jefferies Financial Group, Inc. .......................... 7,231 380,640 Lazard, Inc. ............................................ 4,197 181,436 MarketAxess Holdings, Inc. ............................. 1,557 253,215 Miami International Holdings, Inc. (a) ..................... 3,490 149,616 Moelis & Co., Class A .................................. 3,257 221,704 Morningstar, Inc. ....................................... 916 200,549 Oppenheimer Holdings, Inc., Class A, NVS .............. 328 38,963 Perella Weinberg Partners, Class A ..................... 3,267 54,330 Piper Sandler Cos. ..................................... 2,996 224,880 PJT Partners, Inc., Class A ............................. 1,137 205,103 SEI Investments Co. ................................... 4,497 499,077 Sharplink, Inc. (a)(b) ...................................... 9,111 78,628 StepStone Group, Inc., Class A ......................... 3,224 168,486 Stifel Financial Corp. ................................... 6,850 553,343 StoneX Group, Inc. (a) ................................... 4,875 333,840 TPG, Inc., Class A ...................................... 6,167 333,758 Tradeweb Markets, Inc., Class A ........................ 5,239 564,240 Twenty One Capital, Inc., Class A, NVS (a)(b) ............. 1,846 11,297 Victory Capital Holdings, Inc., Class A ................... 2,090 246,641 Virtu Financial, Inc., Class A ............................ 3,759 246,741 Virtus Investment Partners, Inc. ......................... 316 52,298 Wealthfront Corp. (a)(b) .................................. 2,181 20,087 WisdomTree, Inc. ...................................... 5,279 127,013 9,654,979 Chemicals — 1.9% Ashland, Inc. ........................................... 1,858 136,247 Avient Corp. ........................................... 3,933 173,288 Axalta Coating Systems Ltd. (a) .......................... 8,707 317,109 Balchem Corp. ......................................... 1,395 245,366 Cabot Corp. ............................................ 2,314 191,391 Celanese Corp., Class A ................................ 4,908 223,216 Chemours Co. (The) ................................... 6,668 103,754 Eastman Chemical Co. ................................. 4,952 358,723 Ecovyst, Inc. (a) ......................................... 4,359 44,331 Element Solutions, Inc. ................................. 10,021 356,146 FMC Corp. ............................................. 5,536 63,830 Hawkins, Inc. .......................................... 895 107,642 HB Fuller Co. .......................................... 2,283 125,451 Huntsman Corp. ....................................... 7,210 69,072 Ingevity Corp. (a) ........................................ 1,399 96,937 Innospec, Inc. .......................................... 1,052 98,741 Koppers Holdings, Inc. ................................. 815 37,384 LSB Industries, Inc. (a) .................................. 2,608 27,827 Minerals Technologies, Inc. ............................. 1,209 85,742 Mosaic Co. (The) ....................................... 13,583 327,622 NewMarket Corp. ...................................... 318 285,469 Olin Corp. .............................................. 4,804 83,590 Perimeter Solutions, Inc. (a) .............................. 6,091 185,775 PureCycle Technologies, Inc. (a)(b) ....................... 7,749 50,601 Quaker Chemical Corp. ................................. 604 100,143 RPM International, Inc. ................................. 5,794 603,155 Scotts Miracle-Gro Co. (The) ........................... 2,037 121,813 Sensient Technologies Corp. ............................ 1,894 255,576 Solstice Advanced Materials, Inc. ....................... 7,152 453,365

Security Shares Value

Chemicals (continued) Stepan Co. ............................................ 977 $ 61,170 Westlake Corp. ........................................ 1,340 100,594 5,491,070 Commercial Services & Supplies — 1.0% ABM Industries, Inc. .................................... 2,552 119,000 ACV Auctions, Inc., Class A (a)(b) ......................... 7,519 52,859 Brady Corp., Class A, NVS ............................. 1,921 174,139 BrightView Holdings, Inc. (a) ............................. 2,979 33,097 Brink’s Co. (The) ....................................... 1,839 200,322 Casella Waste Systems, Inc., Class A (a)(b) ............... 2,797 258,023 Cimpress PLC (a) ....................................... 744 66,298 CoreCivic, Inc. (a) ....................................... 4,346 144,374 Deluxe Corp. ........................................... 1,916 44,260 Enviri Corp. (a) .......................................... 1,092 24,330 GEO Group, Inc. (The) (a) ............................... 5,365 170,661 Healthcare Services Group, Inc. (a) ...................... 2,715 59,703 HNI Corp. .............................................. 3,025 146,501 Interface, Inc., Class A ................................. 2,441 92,563 Liquidity Services, Inc. (a) ................................ 1,042 43,430 MillerKnoll, Inc. ......................................... 3,050 68,899 MSA Safety, Inc. ....................................... 1,639 306,116 Onterris, Inc. (a)(b) ....................................... 1,367 22,856 OPENLANE, Inc. (a) ..................................... 4,355 155,038 Pitney Bowes, Inc. ..................................... 1,553 26,603 Tetra Tech, Inc. ......................................... 10,617 383,698 UniFirst Corp. .......................................... 622 172,045 Vestis Corp. (a) .......................................... 5,577 69,768 2,834,583 Communications Equipment — 0.6% ADTRAN Holdings, Inc. (a) ............................... 3,368 26,102 Applied Optoelectronics, Inc. (a)(b) ........................ 3,454 371,961 Calix, Inc. (a) ............................................ 2,664 101,552 Digi International, Inc. (a) ................................ 1,712 128,297 Extreme Networks, Inc. (a) ............................... 5,893 132,533 Harmonic, Inc. (a) ....................................... 4,762 57,049 NetScout Systems, Inc. (a) ............................... 2,889 112,180 Ondas, Inc. (a)(b) ........................................ 21,830 167,109 Viasat, Inc. (a) ........................................... 4,969 334,265 Viavi Solutions, Inc. (a) .................................. 9,934 360,505 Vistance Networks, Inc. ................................. 9,620 60,702 1,852,255 Construction & Engineering — 1.7% AECOM ............................................... 5,768 388,936 Ameresco, Inc., Class A (a) .............................. 1,473 32,583 Arcosa, Inc. ............................................ 2,145 311,669 Argan, Inc. ............................................. 583 247,769 Cardinal Infrastructure Group, Inc., Class A (a)(b) .......... 824 30,472 Centuri Holdings, Inc. (a) ................................ 3,969 81,007 Construction Partners, Inc., Class A (a) ................... 2,132 226,418 Dycom Industries, Inc. (a) ................................ 1,307 380,612 Everus Construction Group, Inc. (a) ...................... 2,272 261,575 Fluor Corp. (a) .......................................... 6,242 340,251 Granite Construction, Inc. ............................... 1,853 223,398 IES Holdings, Inc. (a)(b) .................................. 830 251,490 Legence Corp., Class A (a) .............................. 1,919 102,801 Limbach Holdings, Inc. (a)(b) ............................. 482 19,868 MYR Group, Inc. (a) ..................................... 693 201,954 NWPX Infrastructure, Inc. (a) ............................. 434 47,705 Primoris Services Corp. ................................ 2,400 173,064 Solv Energy, Inc., Class A (a) ............................ 1,416 36,136 Sterling Infrastructure, Inc. (a) ............................ 1,373 645,406

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

6 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-6/48 A DDITIONAL I NF M1 A 026U-605466 DDITIONAL 6 I /48 NFORMATION

Page 7

Security Shares Value

Construction & Engineering (continued) Tutor Perini Corp. ...................................... 1,954 $ 172,968 Valmont Industries, Inc. ................................. 866 406,726 WillScot Holdings Corp., Class A ........................ 8,256 170,899 4,753,707 Construction Materials — 0.2% Eagle Materials, Inc. .................................... 1,407 273,324 Knife River Corp. (a) ..................................... 2,223 139,382 United States Lime & Minerals, Inc. ..................... 494 58,356 471,062 Consumer Finance — 1.1% Ally Financial, Inc. ...................................... 11,877 501,328 Atlanticus Holdings Corp. (a) ............................. 318 28,770 Bread Financial Holdings, Inc. .......................... 1,663 173,734 Credit Acceptance Corp. (a)(b) ............................ 244 146,337 Dave, Inc., Class A (a)(b) ................................. 447 160,705 Encore Capital Group, Inc. (a) ............................ 915 88,764 Enova International, Inc. (a) .............................. 1,045 236,922 EZCORP, Inc., Class A, NVS (a)(b) ....................... 2,573 83,159 Figure Technology Solutions, Inc., Class A (a)(b) ........... 6,467 237,274 FirstCash Holdings, Inc. ................................ 1,785 382,829 Happen, Inc. (a) ......................................... 5,323 93,578 Jefferson Capital, Inc. .................................. 1,402 29,176 Navient Corp. .......................................... 3,447 32,781 Nelnet, Inc., Class A .................................... 750 93,953 OneMain Holdings, Inc. ................................. 5,135 320,732 PROG Holdings, Inc. ................................... 1,810 69,015 SLM Corp. ............................................. 8,394 217,992 Upstart Holdings, Inc. (a)(b) .............................. 3,904 111,967 3,009,016 Consumer Staples Distribution & Retail — 0.7% Albertsons Cos., Inc., Class A ........................... 15,281 188,720 Andersons, Inc. (The) .................................. 1,499 97,240 BJ’s Wholesale Club Holdings, Inc. (a) ................... 5,056 458,327 Chefs’ Warehouse, Inc. (The) (a) ......................... 1,590 178,827 Grocery Outlet Holding Corp. (a) ......................... 3,885 46,426 Ingles Markets, Inc., Class A ............................ 640 52,352 Maplebear, Inc. (a) ...................................... 6,802 343,637 PriceSmart, Inc. ........................................ 1,140 193,811 Sprouts Farmers Market, Inc. (a) ......................... 4,239 347,768 United Natural Foods, Inc. (a) ............................ 2,693 118,115 Weis Markets, Inc. ..................................... 579 41,138 Yesway, Inc., Class A (a)(b) ............................... 714 17,786 2,084,147 Containers & Packaging — 0.8% AptarGroup, Inc. ....................................... 2,868 377,486 Avery Dennison Corp. .................................. 3,423 595,978 Crown Holdings, Inc. ................................... 5,012 583,347 Graphic Packaging Holding Co. ......................... 11,362 127,254 Greif, Inc., Class A, NVS ................................ 1,043 86,308 Greif, Inc., Class B ..................................... 120 12,677 Myers Industries, Inc. ................................... 1,388 44,541 O-I Glass, Inc. (a) ....................................... 6,416 46,644 Silgan Holdings, Inc. ................................... 3,842 159,597 Sonoco Products Co. ................................... 4,305 237,421 TriMas Corp. ........................................... 1,214 47,079 2,318,332 Distributors — 0.2% GigaCloud Technology, Inc., Class A (a) .................. 1,247 60,517

Security Shares Value

Distributors (continued) LKQ Corp. ............................................. 10,952 $ 274,895 Pool Corp. ............................................. 1,443 269,148 604,560 Diversified Consumer Services — 1.1% ADT, Inc. .............................................. 22,098 163,304 American Public Education, Inc. (a)(b) ..................... 768 35,059 Bright Horizons Family Solutions, Inc. (a) ................. 2,355 174,694 Carriage Services, Inc. ................................. 562 18,911 Coursera, Inc. (a) ........................................ 8,299 54,109 Covista, Inc. (a) ......................................... 1,501 198,627 Driven Brands Holdings, Inc. (a) .......................... 2,822 35,049 Duolingo, Inc., Class A (a) ............................... 1,720 255,179 Frontdoor, Inc. (a) ....................................... 3,032 245,198 Graham Holdings Co., Class B .......................... 149 168,205 Grand Canyon Education, Inc. (a) ........................ 1,173 173,756 H&R Block, Inc. ........................................ 5,659 292,287 Laureate Education, Inc., Class A (a) ..................... 5,201 195,194 Lincoln Educational Services Corp. (a) ................... 1,156 29,085 Matthews International Corp., Class A ................... 1,314 27,292 McGraw Hill, Inc. (a) ..................................... 1,122 14,732 OneSpaWorld Holdings Ltd. ............................ 4,183 103,864 Perdoceo Education Corp. .............................. 2,778 92,341 Phoenix Education Partners, Inc. (b) ...................... 232 6,754 Service Corp. International ............................. 6,129 500,372 Strategic Education, Inc. ................................ 919 76,130 Stride, Inc. (a) ........................................... 1,785 154,742 Universal Technical Institute, Inc. (a) ...................... 2,315 48,916 3,063,800 Diversified REITs — 0.2% American Assets Trust, Inc. ............................. 2,181 48,985 Broadstone Net Lease, Inc. ............................. 7,959 166,025 Essential Properties Realty Trust, Inc. ................... 9,320 279,600 Global Net Lease, Inc. .................................. 9,363 85,952 580,562 Diversified Telecommunication Services — 0.4% Bandwidth, Inc., Class A (a) .............................. 1,365 66,107 Cogent Communications Holdings, Inc. .................. 2,243 21,398 Globalstar, Inc. (a) ....................................... 2,342 190,990 IDT Corp., Class B ..................................... 897 61,193 Iridium Communications, Inc. ........................... 4,274 200,793 Liberty Capital Corp., Class A (a)(b) ....................... 142 3,791 Liberty Capital Corp., Class C, NVS (a)(b) ................. 1,493 38,863 Liberty Global Ltd., Class A (a) ........................... 7,607 81,775 Liberty Global Ltd., Class C, NVS (a) ..................... 5,358 56,206 Liberty Latin America Ltd., Class A (a) .................... 2,081 17,917 Liberty Latin America Ltd., Class C, NVS (a) .............. 5,659 48,385 Lumen Technologies, Inc. (a) ............................. 40,804 255,025 Uniti Group, Inc. (a) ...................................... 7,689 76,275 1,118,718 Electric Utilities — 0.9% Hawaiian Electric Industries, Inc. (a) ...................... 7,649 85,822 IDACORP, Inc. ......................................... 2,382 324,333 MGE Energy, Inc. ...................................... 1,619 125,780 OGE Energy Corp. ..................................... 9,283 423,583 Oklo, Inc., Class A (a)(b) .................................. 6,886 279,365 Otter Tail Corp. ......................................... 1,865 168,727 Pinnacle West Capital Corp. ............................ 5,468 533,896 Portland General Electric Co. ........................... 5,191 253,632 TXNM Energy, Inc. ..................................... 4,558 262,586 2,457,724

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-7/48 7

Page 8

Security Shares Value

Electrical Equipment — 1.3% Acuity, Inc. ............................................. 1,361 $ 451,566 Allient, Inc. ............................................. 600 56,406 American Superconductor Corp. (a)(b) .................... 2,085 59,860 Amprius Technologies, Inc. (a) ........................... 5,401 53,362 Array Technologies, Inc. (a)(b) ............................ 5,515 24,376 Atkore, Inc. ............................................ 1,376 128,917 Babcock & Wilcox Enterprises, Inc. (a) ................... 5,134 38,710 Energy Vault Holdings, Inc. (a)(b) ......................... 6,100 20,740 EnerSys ............................................... 1,553 285,535 Enovix Corp. (a)(b) ....................................... 8,557 28,923 Eos Energy Enterprises, Inc., Class A (a)(b) ............... 14,782 47,598 Fluence Energy, Inc., Class A (a)(b) ....................... 2,664 28,798 Forgent Power Solutions, Inc., Class A (a) ................ 4,112 125,581 Generac Holdings, Inc. (a) ............................... 2,654 491,999 LSI Industries, Inc. ..................................... 1,346 26,368 NANO Nuclear Energy, Inc. (a)(b) ......................... 1,866 34,129 NuScale Power Corp., Class A (a)(b) ...................... 14,906 138,179 Plug Power, Inc. (a)(b) .................................... 62,719 135,473 Powell Industries, Inc. .................................. 1,349 242,456 Power Solutions International, Inc. (a) .................... 384 13,943 Preformed Line Products Co. ........................... 130 52,111 Regal Rexnord Corp. ................................... 2,896 458,871 Sensata Technologies Holding PLC ..................... 6,165 252,950 Shoals Technologies Group, Inc., Class A (a) ............. 7,349 50,855 Sunrun, Inc. (a) .......................................... 10,458 89,625 Vicor Corp. (a) .......................................... 1,102 206,823 X-Energy, Inc., Class A (a)(b) ............................. 1,967 36,291 3,580,445 Electronic Equipment, Instruments & Components — 2.5% ADI Global Distribution, Inc. (a) ........................... 2,981 65,194 Advanced Energy Industries, Inc. ....................... 1,701 470,939 Aeva Technologies, Inc. (a) .............................. 1,016 15,911 Arlo Technologies, Inc. (a)(b) ............................. 4,855 63,843 Arrow Electronics, Inc. (a) ................................ 1,936 395,776 Avnet, Inc. ............................................. 3,481 311,758 Badger Meter, Inc. ..................................... 1,282 173,673 Bel Fuse, Inc., Class A ................................. 71 14,539 Bel Fuse, Inc., Class B, NVS ............................ 528 131,617 Belden, Inc. ............................................ 1,690 193,437 Benchmark Electronics, Inc. ............................ 1,456 102,328 Cognex Corp. .......................................... 6,876 419,161 Crane NXT Co. ........................................ 2,394 117,067 CTS Corp. ............................................. 1,211 68,385 Daktronics, Inc. (a) ...................................... 1,597 31,189 ePlus, Inc. ............................................. 1,076 94,656 Evolv Technologies Holdings, Inc., Class A (a) ............ 7,083 36,902 Ingram Micro Holding Corp. ............................. 2,036 57,354 Insight Enterprises, Inc. (a) ............................... 1,294 203,184 IPG Photonics Corp. (a) ................................. 1,099 83,612 Itron, Inc. (a)(b) .......................................... 1,927 186,938 Knowles Corp. (a) ....................................... 3,578 122,296 LightPath Technologies, Inc., Class A (a)(b) ............... 2,511 25,261 Lightwave Logic, Inc. (a)(b) ............................... 6,686 36,305 Littelfuse, Inc. .......................................... 1,133 467,000 Mirion Technologies, Inc., Class A (a)(b) ................... 10,071 151,770 Napco Security Technologies, Inc. ...................... 1,587 57,513 nLight, Inc. (a) ........................................... 2,393 101,152 Novanta, Inc. (a)(b) ...................................... 1,600 233,952 OSI Systems, Inc. (a) .................................... 733 152,398 Ouster, Inc. (a)(b) ........................................ 2,858 98,429 PC Connection, Inc. .................................... 576 46,005 Plexus Corp. (a) ......................................... 1,077 257,909

Security Shares Value

Electronic Equipment, Instruments & Components (continued) Ralliant Corp. .......................................... 5,057 $ 312,169 Rogers Corp. (a) ........................................ 731 91,792 Sanmina Corp. (a) ....................................... 2,330 458,358 ScanSource, Inc. (a) ..................................... 1,045 59,659 Vishay Intertechnology, Inc. ............................. 6,344 193,048 Vishay Precision Group, Inc. (a)(b) ........................ 532 32,883 Vontier Corp. ........................................... 6,333 203,986 Zebra Technologies Corp., Class A (a) .................... 2,169 766,850 7,106,198 Energy Equipment & Services — 1.3% Archrock, Inc. .......................................... 7,749 244,249 Atlas Energy Solutions, Inc. ............................. 3,509 45,968 Bristow Group, Inc. ..................................... 1,070 48,567 Cactus, Inc., Class A ................................... 2,998 210,819 Flowco Holdings, Inc., Class A .......................... 1,596 35,016 Helix Energy Solutions Group, Inc. (a) .................... 5,539 57,052 Helmerich & Payne, Inc. ................................ 4,035 175,845 Innovex International, Inc. (a) ............................ 2,097 64,315 Kodiak Gas Services, Inc. .............................. 4,486 263,642 Liberty Energy, Inc., Class A ............................ 6,924 136,472 Nabors Industries Ltd. (a) ................................ 623 58,338 Noble Corp. PLC ....................................... 5,424 248,582 NOV, Inc. .............................................. 15,671 333,636 Oceaneering International, Inc. (a) ....................... 4,492 232,506 Patterson-UTI Energy, Inc. .............................. 16,808 212,453 ProFrac Holding Corp., Class A (a)(b) ..................... 1,453 7,410 ProPetro Holding Corp. (a) ............................... 4,328 49,166 RPC, Inc. .............................................. 4,465 29,156 Seadrill Ltd. (a) .......................................... 2,558 124,626 Select Water Solutions, Inc., Class A .................... 5,006 97,617 Solaris Energy Infrastructure, Inc., Class A .............. 2,374 120,528 TETRA Technologies, Inc. (a) ............................ 5,840 40,296 Tidewater, Inc. (a) ....................................... 2,106 196,111 Transocean Ltd. (a) ...................................... 45,312 263,263 Valaris Ltd. (a) ........................................... 2,540 219,380 Weatherford International PLC .......................... 3,264 319,121 3,834,134 Entertainment — 0.9% AMC Entertainment Holdings, Inc., Class A (a) ............ 28,272 74,638 Atlanta Braves Holdings, Inc., Class A (a)(b) ............... 483 26,570 Atlanta Braves Holdings, Inc., Class C, NVS (a)(b) ......... 2,172 107,688 Cinemark Holdings, Inc. ................................ 4,435 157,930 IMAX Corp. (a) .......................................... 2,072 106,086 Liberty Live Holdings, Inc., Class A (a) .................... 797 79,286 Liberty Live Holdings, Inc., Class C, NVS (a) .............. 1,960 202,899 Lionsgate Studios Corp. (a)(b) ............................ 9,010 102,083 Madison Square Garden Entertainment Corp., Class A (a) . 1,795 139,454 Madison Square Garden Sports Corp., Class A (a) ........ 751 288,932 Playtika Holding Corp. .................................. 3,472 7,881 Roku, Inc., Class A (a) ................................... 5,869 921,022 Sphere Entertainment Co., Class A (a) ................... 1,226 167,104 Stubhub Holdings, Inc., Class A (a) ....................... 8,841 56,406 Warner Music Group Corp., Class A ..................... 6,217 175,382 2,613,361 Financial Services — 2.0% Burford Capital Ltd. ..................................... 10,158 42,156 Chime Financial, Inc., Class A (a) ........................ 9,161 303,321 Corebridge Financial, Inc. .............................. 11,477 373,462 Enact Holdings, Inc. .................................... 1,511 72,830 Equitable Holdings, Inc. ................................ 12,003 601,710 Essent Group Ltd. ...................................... 4,205 284,090

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

8 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-8/48 A DDITIONAL I NF M1 A 026U-605466 DDITIONAL 8 I /48 NFORMATION

Page 9

Security Shares Value

Financial Services (continued) Euronet Worldwide, Inc. (a) .............................. 1,801 $ 125,188 EVERTEC, Inc. ........................................ 2,746 81,364 Federal Agricultural Mortgage Corp., Class C, NVS ...... 448 98,515 Flywire Corp. (a) ........................................ 5,325 100,589 HA Sustainable Infrastructure Capital, Inc. ............... 6,177 244,300 Jack Henry & Associates, Inc. ........................... 3,336 560,148 Jackson Financial, Inc., Class A ......................... 2,881 384,412 Marqeta, Inc., Class A (a) ................................ 4,391 72,100 Merchants Bancorp .................................... 1,133 59,641 MGIC Investment Corp. ................................ 9,522 291,849 NCR Atleos Corp. (a) .................................... 3,470 159,342 NMI Holdings, Inc., Class A (a) ........................... 3,282 145,557 Paymentus Holdings, Inc., Class A (a)(b) .................. 2,760 98,256 Payoneer Global, Inc. (a) ................................ 10,298 73,219 PennyMac Financial Services, Inc., Class A ............. 1,334 97,529 Radian Group, Inc. ..................................... 6,436 230,795 Remitly Global, Inc. (a) .................................. 6,888 184,185 Sezzle, Inc. (a)(b) ........................................ 848 102,226 Shift4 Payments, Inc., Class A (a)(b) ...................... 2,933 124,007 TFS Financial Corp. .................................... 2,669 46,627 UWM Holdings Corp., Class A .......................... 17,712 25,682 Velocity Financial, Inc. (a)(b) .............................. 1,082 19,422 Voya Financial, Inc. .................................... 4,002 405,483 Walker & Dunlop, Inc. .................................. 1,595 64,645 Western Union Co. (The) ............................... 13,662 97,820 WEX, Inc. (a) ............................................ 1,470 280,153 5,850,623 Food Products — 1.5% Cal-Maine Foods, Inc. .................................. 1,999 157,761 Campbell’s Co. (The) ................................... 8,519 201,730 Conagra Brands, Inc. ................................... 20,861 334,193 Darling Ingredients, Inc. (a) .............................. 7,115 471,511 Del Monte Corp. ....................................... 1,525 48,312 Dole PLC .............................................. 3,435 47,575 Flowers Foods, Inc. .................................... 8,510 58,889 Freshpet, Inc. (a) ........................................ 2,091 146,077 Hormel Foods Corp. .................................... 13,098 286,191 Ingredion, Inc. .......................................... 2,601 269,099 J & J Snack Foods Corp. ............................... 627 55,289 J M Smucker Co. (The) ................................. 4,728 620,124 Lamb Weston Holdings, Inc. ............................ 5,930 323,363 Marzetti Co. (The) ...................................... 903 101,723 McCormick & Co., Inc., NVS ............................ 11,456 621,144 Mission Produce, Inc. (a)(b) .............................. 2,122 26,992 Pilgrim’s Pride Corp. (a) ................................. 1,933 60,657 Post Holdings, Inc. (a) ................................... 1,685 140,462 Seaboard Corp. ........................................ 11 43,013 Seneca Foods Corp., Class A (a) ......................... 202 40,055 Simply Good Foods Co. (The) (a) ........................ 3,877 44,392 Smithfield Foods, Inc. .................................. 2,138 46,844 Tootsie Roll Industries, Inc. ............................. 795 32,484 4,177,880 Gas Utilities — 0.7% Chesapeake Utilities Corp. ............................. 1,029 137,413 MDU Resources Group, Inc. ............................ 8,988 179,041 National Fuel Gas Co. .................................. 4,281 355,580 New Jersey Resources Corp. ........................... 4,363 232,722 Northwest Natural Holding Co. .......................... 1,916 94,018 ONE Gas, Inc. ......................................... 2,695 213,633 Southwest Gas Holdings, Inc. ........................... 2,795 246,882

Security Shares Value

Gas Utilities (continued) Spire, Inc. .............................................. 2,557 $ 209,265 UGI Corp. .............................................. 9,702 373,042 2,041,596 Ground Transportation — 1.0% ArcBest Corp. .......................................... 993 137,004 Avis Budget Group, Inc. (a) .............................. 774 114,157 Hertz Global Holdings, Inc. (a)(b) ......................... 4,177 9,482 Knight-Swift Transportation Holdings, Inc. ............... 7,061 483,749 Landstar System, Inc. .................................. 1,531 276,545 Lyft, Inc., Class A (a) ..................................... 16,301 275,487 Marten Transport Ltd. .................................. 2,416 34,839 RXO, Inc. (a) ............................................ 7,373 156,676 Ryder System, Inc. ..................................... 1,721 420,716 Saia, Inc. (a)(b) .......................................... 1,195 424,380 Schneider National, Inc., Class B ....................... 2,153 74,300 U-Haul Holding Co. (a)(b) ................................. 402 27,075 U-Haul Holding Co., NVS ............................... 4,344 259,206 Werner Enterprises, Inc. ................................ 2,702 105,864 2,799,480 Health Care Equipment & Supplies — 2.8% Align Technology, Inc. (a) ................................ 3,130 500,143 Alphatec Holdings, Inc. (a) ............................... 5,049 47,309 Artivion, Inc. (a) ......................................... 2,111 56,976 AtriCure, Inc. (a) ......................................... 2,111 102,067 Axogen, Inc. (a) ......................................... 2,291 116,291 Baxter International, Inc. ................................ 23,045 599,170 Butterfly Network, Inc., Class A (a) ....................... 7,705 60,792 CONMED Corp. ........................................ 1,278 63,708 Cooper Cos., Inc. (The) (a) ............................... 8,790 616,091 DENTSPLY SIRONA, Inc. .............................. 9,191 102,663 Enovis Corp. (a) ......................................... 2,335 57,418 Envista Holdings Corp. (a) ............................... 7,186 195,028 Establishment Labs Holdings, Inc. (a)(b) .................. 1,109 76,887 Glaukos Corp. (a) ....................................... 2,543 456,621 Globus Medical, Inc., Class A (a) ......................... 5,094 414,499 Haemonetics Corp. (a) ................................... 2,011 207,274 ICU Medical, Inc. (a) ..................................... 1,008 174,334 Inspire Medical Systems, Inc. (a)(b) ....................... 1,214 76,470 Insulet Corp. (a) ......................................... 3,135 466,049 Integer Holdings Corp. (a) ............................... 1,455 182,239 Integra LifeSciences Holdings Corp. (a) .................. 2,961 50,100 iRadimed Corp. ........................................ 393 33,947 IRhythm Holdings, Inc. (a) ............................... 1,451 172,582 Kestra Medical Technologies Ltd. (a)(b) ................... 1,350 34,762 Lantheus Holdings, Inc. (a) ............................... 2,906 293,390 LeMaitre Vascular, Inc. ................................. 975 78,273 LivaNova PLC (a) ....................................... 2,394 191,065 Merit Medical Systems, Inc. (a) ........................... 2,653 240,521 Neogen Corp. (a) ........................................ 8,896 102,838 Novocure Ltd. (a) ........................................ 4,686 82,708 Omnicell, Inc. (a) ........................................ 1,779 62,550 Penumbra, Inc. (a) ....................................... 1,708 551,855 Procept Biorobotics Corp. (a)(b) .......................... 2,499 52,979 Pulse Biosciences, Inc. (a)(b) ............................. 817 41,120 QuidelOrtho Corp. (a) .................................... 3,033 43,766 Solventum Corp. (a) ..................................... 6,624 603,181 STAAR Surgical Co. (a) .................................. 1,321 29,841 Strive, Inc., Class A (a)(b) ................................ 2,995 72,539 Tandem Diabetes Care, Inc. (a) .......................... 3,030 66,690 Teleflex, Inc. ........................................... 1,985 281,969

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-9/48 9

Page 10

Security Shares Value

Health Care Equipment & Supplies (continued) TransMedics Group, Inc. (a) .............................. 1,473 $ 125,013 UFP Technologies, Inc. (a) ............................... 349 103,985 7,887,703 Health Care Providers & Services — 2.6% Acadia Healthcare Co., Inc. (a) ........................... 3,956 109,027 AdaptHealth Corp. (a) ................................... 3,624 20,258 Addus HomeCare Corp. (a) .............................. 840 96,323 Alignment Healthcare, Inc. (a) ............................ 4,833 64,762 AMN Healthcare Services, Inc. (a) ........................ 1,789 61,327 Ardent Health, Inc. (a) ................................... 1,097 11,870 Astrana Health, Inc. (a) .................................. 1,764 67,226 Aveanna Healthcare Holdings, Inc. (a) .................... 2,211 29,672 Billiontoone, Inc., Class A (a)(b) ........................... 256 23,212 BrightSpring Health Services, Inc. (a) ..................... 6,777 395,777 Brookdale Senior Living, Inc. (a) .......................... 9,761 115,082 Castle Biosciences, Inc. (a) .............................. 1,252 41,354 Chemed Corp. ......................................... 593 307,595 Clover Health Investments Corp., Class A (a) ............. 19,297 80,083 Concentra Group Holdings Parent, Inc. .................. 5,372 181,251 CorVel Corp. (a) ......................................... 1,354 93,264 DaVita, Inc. (a) .......................................... 1,571 276,512 Encompass Health Corp. ............................... 4,462 536,377 Ensign Group, Inc. (The) ............................... 2,625 452,183 GeneDx Holdings Corp., Class A (a) ...................... 1,116 94,648 Guardant Health, Inc. (a) ................................. 5,754 915,001 Guardian Pharmacy Services, Inc., Class A (a) ............ 1,567 58,120 HealthEquity, Inc. (a) .................................... 3,749 361,928 Henry Schein, Inc. (a) .................................... 4,208 377,878 Hims & Hers Health, Inc., Class A (a)(b) ................... 9,005 266,368 Hinge Health, Inc., Class A (a) ........................... 1,941 179,659 Innovage Holding Corp. (a)(b) ............................ 928 10,022 LifeStance Health Group, Inc. (a) ......................... 9,228 114,058 Lumexa Imaging Holdings, Inc. (a)(b) ..................... 1,092 12,744 Molina Healthcare, Inc. (a) ............................... 2,352 467,507 National HealthCare Corp. .............................. 627 135,764 NeoGenomics, Inc. (a) ................................... 5,811 104,075 Nutex Health, Inc. (a)(b) .................................. 209 39,451 Omada Health, Inc. (a) ................................... 2,055 50,450 OPKO Health, Inc. (a)(b) ................................. 17,135 25,188 Option Care Health, Inc. (a) .............................. 7,087 166,190 PACS Group, Inc. (a) .................................... 2,126 89,951 Pediatrix Medical Group, Inc. (a) ......................... 3,649 95,713 Pennant Group, Inc. (The) (a) ............................ 1,552 57,052 Privia Health Group, Inc. (a) .............................. 5,155 105,626 Progyny, Inc. (a) ......................................... 3,377 86,417 RadNet, Inc. (a) ......................................... 3,072 232,919 Sonida Senior Living, Inc. (a) ............................. 1,276 47,850 Surgery Partners, Inc. (a) ................................ 3,536 49,115 U.S. Physical Therapy, Inc. ............................. 665 51,697 Universal Health Services, Inc., Class B ................. 2,307 392,951 7,551,497 Health Care REITs — 1.2% Alexandria Real Estate Equities, Inc. .................... 6,692 343,233 American Healthcare REIT, Inc. ......................... 8,615 475,634 CareTrust REIT, Inc. .................................... 9,712 378,282 Diversified Healthcare Trust ............................. 7,280 55,110 Healthcare Realty Trust, Inc. ............................ 15,168 288,799 Healthpeak Properties, Inc. ............................. 31,433 654,435 Janus Living, Inc., Class A .............................. 4,121 122,600 LTC Properties, Inc. .................................... 2,330 93,945 Medical Properties Trust, Inc. ........................... 21,971 87,225 National Health Investors, Inc. .......................... 2,017 143,429

Security Shares Value

Health Care REITs (continued) National Healthcare Properties, Inc. ..................... 1,966 $ 31,574 Omega Healthcare Investors, Inc. ....................... 13,418 613,471 Sabra Health Care REIT, Inc. ........................... 11,257 229,530 3,517,267 Health Care Technology — 0.2% Certara, Inc. (a) ......................................... 4,588 38,035 Doximity, Inc., Class A (a) ................................ 5,605 149,710 HeartFlow, Inc. (a) ....................................... 3,337 168,151 Schrodinger, Inc. (a) ..................................... 2,535 49,432 Teladoc Health, Inc. (a) .................................. 7,717 48,926 Waystar Holding Corp. (a) ............................... 6,156 161,164 615,418 Hotel & Resort REITs — 0.6% Apple Hospitality REIT, Inc. ............................. 9,989 159,325 DiamondRock Hospitality Co. ........................... 8,507 104,721 Host Hotels & Resorts, Inc. ............................. 30,433 667,396 Park Hotels & Resorts, Inc. ............................. 8,460 129,438 Pebblebrook Hotel Trust ................................ 4,908 88,933 RLJ Lodging Trust ...................................... 5,482 60,521 Ryman Hospitality Properties, Inc. ...................... 3,033 384,463 Service Properties Trust ................................ 4,770 37,206 Sunstone Hotel Investors, Inc. .......................... 7,460 83,328 Xenia Hotels & Resorts, Inc. ............................ 4,046 75,862 1,791,193 Hotels, Restaurants & Leisure — 2.9% Accel Entertainment, Inc., Class A (a) .................... 2,484 28,914 Aramark ............................................... 11,783 663,501 Biglari Holdings, Inc., Class A (a) ......................... 4 7,829 Biglari Holdings, Inc., Class B, NVS (a) ................... 30 11,654 BJ’s Restaurants, Inc. (a) ................................ 813 51,699 Boyd Gaming Corp. .................................... 2,323 180,242 Brinker International, Inc. (a) ............................. 1,923 439,406 Caesars Entertainment, Inc. (a) .......................... 8,774 260,588 Cava Group, Inc. (a) ..................................... 4,323 284,237 Cheesecake Factory, Inc. (The) ......................... 2,054 224,892 Choice Hotels International, Inc. (b) ...................... 1,197 123,722 Churchill Downs, Inc. ................................... 2,995 262,003 Domino’s Pizza, Inc. .................................... 1,346 460,413 DraftKings, Inc., Class A (a)(b) ............................ 21,303 517,450 Dutch Bros, Inc., Class A (a) ............................. 5,622 274,691 First Watch Restaurant Group, Inc. (a) .................... 2,662 33,754 Global Business Travel Group I, Class A (a) .............. 5,861 55,445 Hilton Grand Vacations, Inc. (a) .......................... 2,652 112,471 Hyatt Hotels Corp., Class A ............................. 1,773 296,038 Life Time Group Holdings, Inc. (a) ........................ 7,154 300,611 Lindblad Expeditions Holdings, Inc. (a)(b) ................. 2,193 58,246 Marriott Vacations Worldwide Corp. ..................... 1,262 131,576 MGM Resorts International (a) ........................... 8,465 350,112 Monarch Casino & Resort, Inc. .......................... 535 64,441 Navan, Inc., Class A (a) .................................. 4,390 127,573 Norwegian Cruise Line Holdings Ltd. (a) .................. 19,689 317,781 Papa John’s International, Inc. .......................... 1,505 35,337 Penn Entertainment, Inc. (a) ............................. 5,815 97,169 Planet Fitness, Inc., Class A (a) .......................... 3,444 177,710 Pursuit Attractions & Hospitality, Inc. (a) .................. 894 42,912 Red Rock Resorts, Inc., Class A ........................ 2,182 122,541 Rush Street Interactive, Inc., Class A (a)(b) ................ 4,481 115,431 Shake Shack, Inc., Class A (a) ........................... 1,618 111,464 Six Flags Entertainment Corp. (a) ........................ 4,224 63,571 Target Hospitality Corp. (a) ............................... 1,886 34,929 Texas Roadhouse, Inc. ................................. 2,958 578,585

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

10 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-10/48 A DDITIONAL I NFO M1 A 026U-605466 DDITIONAL 1 I 0/48 NFORMATION

Page 11

Security Shares Value

Hotels, Restaurants & Leisure (continued) Travel + Leisure Co. .................................... 2,742 $ 188,540 United Parks & Resorts, Inc. (a) .......................... 1,040 41,610 Vail Resorts, Inc. ....................................... 1,601 219,193 Wendy’s Co. (The) ..................................... 6,705 55,652 Wingstop, Inc. .......................................... 1,232 134,879 Wyndham Hotels & Resorts, Inc. ........................ 3,287 242,120 Wynn Resorts Ltd. ..................................... 3,393 309,713 8,210,645 Household Durables — 0.9% Cavco Industries, Inc. (a) ................................ 319 178,362 Century Communities, Inc. .............................. 985 66,537 Champion Homes, Inc. (a) ............................... 2,302 205,499 Green Brick Partners, Inc. (a) ............................ 1,407 101,613 Installed Building Products, Inc. ......................... 1,049 254,729 KB Home .............................................. 2,641 140,765 La-Z-Boy, Inc. .......................................... 1,729 54,706 LGI Homes, Inc. (a) ...................................... 831 46,486 M/I Homes, Inc. (a) ...................................... 1,126 167,560 Meritage Homes Corp. ................................. 2,863 198,778 Mohawk Industries, Inc. (a) .............................. 2,128 272,916 Newell Brands, Inc. ..................................... 17,267 107,919 Sonos, Inc. (a) .......................................... 4,795 74,802 Toll Brothers, Inc. ...................................... 4,235 607,511 Whirlpool Corp. ........................................ 2,808 114,679 2,592,862 Household Products — 0.4% Central Garden & Pet Co. (a) ............................ 315 13,539 Central Garden & Pet Co., Class A, NVS (a) .............. 2,266 84,318 Clorox Co. (The) ....................................... 5,446 531,965 Energizer Holdings, Inc. ................................ 2,611 56,867 Oil-Dri Corp. of America ................................ 471 42,381 Reynolds Consumer Products, Inc. ...................... 2,522 58,384 Spectrum Brands Holdings, Inc. ......................... 957 82,599 WD-40 Co. ............................................. 591 126,563 996,616 Independent Power and Renewable Electricity Producers — 0.3% AES Corp. (The) ....................................... 30,507 449,673 Clearway Energy, Inc., Class C ......................... 5,228 165,989 Ormat Technologies, Inc. ............................... 2,644 269,688 885,350 Industrial REITs — 0.8% Americold Realty Trust, Inc. ............................. 11,250 168,188 EastGroup Properties, Inc. .............................. 2,406 479,997 First Industrial Realty Trust, Inc. ......................... 5,272 326,231 Innovative Industrial Properties, Inc. ..................... 1,292 73,541 Lineage, Inc. ........................................... 2,701 106,014 LXP Industrial Trust .................................... 2,597 157,664 Rexford Industrial Realty, Inc. ........................... 10,153 376,067 STAG Industrial, Inc. ................................... 8,626 321,318 Terreno Realty Corp. ................................... 4,436 293,708 2,302,728 Insurance — 3.7% Accelerant Holdings, Class A (a)(b) ....................... 2,574 50,785 American Financial Group, Inc. ......................... 3,228 460,151 Assurant, Inc. .......................................... 2,231 628,830 Assured Guaranty Ltd. ................................. 1,968 147,010 Ategrity Specialty Holdings LLC (a) ....................... 453 11,900 Axis Capital Holdings Ltd. .............................. 3,149 311,058 Baldwin Insurance Group, Inc. (The), Class A (a)(b) ........ 4,339 133,858 Bowhead Specialty Holdings, Inc. (a) ..................... 701 23,498

Security Shares Value

Insurance (continued) Brighthouse Financial, Inc. (a) ............................ 2,585 $ 137,057 CNO Financial Group, Inc. .............................. 4,140 226,831 Employers Holdings, Inc. ............................... 711 34,903 Erie Indemnity Co., Class A, NVS ....................... 1,129 288,527 Everest Group Ltd. ..................................... 1,336 500,532 Exzeo Group, Inc. (a)(b) .................................. 682 11,444 F&G Annuities & Life, Inc. .............................. 1,558 37,080 First American Financial Corp. .......................... 4,369 322,957 Genworth Financial, Inc., Class A (a) ..................... 16,697 165,968 Globe Life, Inc. ......................................... 3,499 604,172 Goosehead Insurance, Inc., Class A (a) .................. 971 66,659 Hagerty, Inc., Class A (a) ................................. 1,857 24,698 Hamilton Insurance Group Ltd., Class B ................. 2,231 78,442 Hanover Insurance Group, Inc. (The) .................... 1,522 344,139 HCI Group, Inc. ........................................ 446 82,836 Heritage Insurance Holdings, Inc. (a) ..................... 1,062 35,704 Horace Mann Educators Corp. .......................... 1,680 85,495 Kemper Corp. .......................................... 2,316 65,265 Kinsale Capital Group, Inc. ............................. 997 372,778 Lemonade, Inc. (a)(b) .................................... 3,173 165,726 Lincoln National Corp. .................................. 7,481 318,616 Mercury General Corp. ................................. 1,124 114,603 Neptune Insurance Holdings, Inc., Class A (a) ............ 1,004 33,443 Old Republic International Corp. ........................ 10,224 426,648 Oscar Health, Inc., Class A (a) ........................... 10,063 301,488 Palomar Holdings, Inc. ................................. 1,178 156,167 Porch Group, Inc. (a)(b) .................................. 3,655 62,098 Primerica, Inc. ......................................... 1,418 407,888 Reinsurance Group of America, Inc. ..................... 2,876 707,611 RenaissanceRe Holdings Ltd. ........................... 1,741 570,421 RLI Corp. .............................................. 3,761 238,711 Root, Inc., Class A (a) ................................... 550 30,520 Ryan Specialty Holdings, Inc., Class A .................. 4,917 207,399 Safety Insurance Group, Inc. ............................ 647 67,120 Selective Insurance Group, Inc. ......................... 2,686 245,205 SiriusPoint Ltd. (a) ....................................... 3,476 84,084 Skyward Specialty Insurance Group, Inc. (a) .............. 1,829 105,003 Slide Insurance Holdings, Inc. (b) ........................ 2,934 68,216 Stewart Information Services Corp. ..................... 1,313 90,137 Trupanion, Inc. (a)(b) ..................................... 1,486 43,317 United Fire Group, Inc. ................................. 936 50,422 Universal Insurance Holdings, Inc. ...................... 1,188 51,060 Unum Group ........................................... 6,567 612,176 White Mountains Insurance Group Ltd. .................. 104 218,609 10,629,265 Interactive Media & Services — 0.6% Cargurus, Inc., Class A (a) ............................... 3,029 108,014 Grindr, Inc. (a) ........................................... 1,501 23,236 Match Group, Inc. ...................................... 10,476 425,849 People, Inc. (a) .......................................... 2,675 102,399 Pinterest, Inc., Class A (a) ............................... 21,481 466,353 RUM Group, Inc., Class A (a)(b) .......................... 5,230 46,861 Snap, Inc., Class A, NVS (a)(b) ........................... 47,902 265,856 Taboola.com Ltd. (a) ..................................... 5,454 20,344 TripAdvisor, Inc. (a) ...................................... 5,039 47,971 Trump Media & Technology Group Corp., Class A (a)(b) .... 7,083 69,201 Webtoon Entertainment, Inc. (a)(b) ........................ 980 10,329 Yelp, Inc. (a) ............................................ 2,274 50,824 Ziff Davis, Inc. (a) ........................................ 1,549 85,427 ZoomInfo Technologies, Inc., Class A (a) ................. 10,192 43,214 1,765,878

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-11/48 11

Page 12

Security Shares Value

IT Services — 1.6% Akamai Technologies, Inc. (a) ............................ 6,435 $ 698,970 Applied Digital Corp. (a)(b) ............................... 11,053 280,857 BigBear.ai Holdings, Inc. (a)(b) ............................ 21,064 65,930 DigitalOcean Holdings, Inc. (a) ........................... 3,369 372,915 DXC Technology Co. (a) ................................. 7,192 81,269 EPAM Systems, Inc. (a) .................................. 2,341 275,840 Everforth, Inc. (a) ........................................ 1,667 54,044 Fastly, Inc., Class A (a) .................................. 6,516 148,500 Gartner, Inc. (a) ......................................... 2,880 570,557 GoDaddy, Inc., Class A (a) ............................... 5,953 582,680 Kyndryl Holdings, Inc. (a) ................................ 9,939 133,679 Okta, Inc., Class A (a) ................................... 7,569 1,309,740 4,574,981 Leisure Products — 0.5% Acushnet Holdings Corp. ............................... 1,236 106,778 Brunswick Corp. ....................................... 2,942 223,298 Callaway Golf Co. (a) .................................... 6,293 98,863 Hasbro, Inc. ............................................ 5,760 542,016 Mattel, Inc. (a) ........................................... 12,534 187,383 Peloton Interactive, Inc., Class A (a) ...................... 17,529 93,955 Polaris, Inc. ............................................ 2,308 148,958 Tron, Inc. (a)(b) .......................................... 2,317 4,055 YETI Holdings, Inc. (a)(b) ................................. 3,390 139,160 1,544,466 Life Sciences Tools & Services — 1.8% 10X Genomics, Inc., Class A (a) .......................... 4,963 309,939 Adaptive Biotechnologies Corp. (a) ....................... 6,963 173,518 Alamar Biosciences, Inc. (a) ............................. 625 19,088 Avantor, Inc. (a) ......................................... 29,420 427,767 Azenta, Inc. (a) .......................................... 1,702 55,570 BioLife Solutions, Inc. (a) ................................ 1,876 69,543 Bio-Rad Laboratories, Inc., Class A (a) ................... 804 310,440 Bio-Techne Corp. ...................................... 7,135 515,932 Bruker Corp. (b) ......................................... 4,637 268,992 Charles River Laboratories International, Inc. (a)(b) ........ 2,146 618,563 Fortrea Holdings, Inc. (a) ................................ 4,178 76,750 Medpace Holdings, Inc. (a) ............................... 1,030 611,810 OmniAb, Inc., 12.50 Earnout Shares (a)(c) ................ 359 — OmniAb, Inc., 15.00 Earnout Shares (a)(c) ................ 359 — Repligen Corp. (a) ....................................... 2,410 436,162 Revvity, Inc. ............................................ 5,032 647,467 Sotera Health Co. (a) .................................... 11,022 208,316 Tempus AI, Inc., Class A (a)(b) ............................ 5,198 327,734 5,077,591 Machinery — 4.7% Aebi Schmidt Holding AG ............................... 1,658 20,974 AGCO Corp. ........................................... 2,487 294,237 Alamo Group, Inc. ...................................... 470 77,353 Albany International Corp., Class A ..................... 1,291 71,560 Alliance Laundry Holdings, Inc. (a) ....................... 2,033 46,576 Allison Transmission Holdings, Inc. ...................... 3,735 469,527 Astec Industries, Inc. ................................... 867 36,891 Atmus Filtration Technologies, Inc. ...................... 620 29,283 Blue Bird Corp. (a) ....................................... 1,312 76,293 CECO Environmental Corp. (a) ........................... 2,298 163,618 CNH Industrial NV ...................................... 38,233 452,296 Crane Co. ............................................. 2,211 453,410 Donaldson Co., Inc. .................................... 5,177 470,538 Douglas Dynamics, Inc. ................................ 1,015 41,686 Enerpac Tool Group Corp., Class A ..................... 2,364 88,224 Enpro, Inc. ............................................. 950 281,409

Security Shares Value

Machinery (continued) Esab Corp. ............................................ 2,573 $ 193,953 ESCO Technologies, Inc. ............................... 1,139 310,981 Federal Signal Corp. ................................... 2,726 318,942 Flowserve Corp. ....................................... 5,564 440,057 Franklin Electric Co., Inc. ............................... 1,739 174,056 Gates Industrial Corp. Ltd. (a) ............................ 10,283 263,039 Gorman-Rupp Co. (The) ................................ 965 72,761 Graco, Inc. ............................................. 7,463 577,860 Graham Corp. (a) ........................................ 509 44,390 Greenbrier Cos., Inc. (The) ............................. 1,200 54,084 Helios Technologies, Inc. ............................... 1,360 99,307 Hillman Solutions Corp. (a) ............................... 7,672 59,074 IDEX Corp. ............................................ 3,081 704,440 JBT Marel Corp. ....................................... 2,333 272,658 Kadant, Inc. (b) .......................................... 526 157,348 Kennametal, Inc. ....................................... 3,392 99,521 Lincoln Electric Holdings, Inc. ........................... 2,462 692,388 Lindsay Corp. .......................................... 472 54,237 Middleby Corp. (The) (a) ................................. 2,089 231,545 Mueller Industries, Inc. ................................. 9,970 622,228 Mueller Water Products, Inc., Class A ................... 7,055 170,308 Nordson Corp. ......................................... 2,248 723,227 Oshkosh Corp. ......................................... 2,792 430,275 Pentair PLC ............................................ 7,249 438,275 Proto Labs, Inc. (a) ...................................... 1,072 85,824 SPX Technologies, Inc. (a) ............................... 2,178 428,521 Standex International Corp. ............................. 546 158,154 Stanley Black & Decker, Inc. ............................ 6,782 653,581 Symbotic, Inc., Class A (a)(b) ............................. 2,892 114,726 Tennant Co. ............................................ 798 55,541 Terex Corp. ............................................ 5,045 320,408 Timken Co. (The) ...................................... 2,730 328,828 Toro Co. (The) ......................................... 4,358 426,256 Trinity Industries, Inc. ................................... 3,244 93,492 Watts Water Technologies, Inc., Class A ................. 1,191 435,608 Worthington Enterprises, Inc. ........................... 1,314 75,476 13,455,244 Marine Transportation — 0.2% Genco Shipping & Trading Ltd. .......................... 1,610 42,230 Kirby Corp. (a) .......................................... 2,315 328,406 Matson, Inc. ........................................... 1,333 299,672 670,308 Media — 0.8% Clear Channel Outdoor Holdings, Inc. (a) ................. 10,656 25,255 DoubleVerify Holdings, Inc. (a) ........................... 6,077 81,432 iHeartMedia, Inc., Class A (a)(b) .......................... 4,294 11,680 John Wiley & Sons, Inc., Class A ........................ 1,731 90,687 Magnite, Inc. (a) ......................................... 5,919 139,037 New York Times Co. (The), Class A ..................... 6,448 433,757 Nexstar Media Group, Inc., Class A ..................... 1,231 224,202 NIQ Global Intelligence PLC (a) .......................... 3,065 58,419 Paramount Skydance Corp., Class B, NVS .............. 40,663 443,633 Sirius XM Holdings, Inc. ................................ 8,266 232,853 Stagwell, Inc., Class A (a) ................................ 4,852 42,115 Trade Desk, Inc. (The), Class A (a) ....................... 18,334 251,543 U.S.A. TODAY Co., Inc. (a) .............................. 5,707 35,897 Versant Media Group, Inc., Class A ..................... 6,283 258,357 2,328,867 Metals & Mining — 1.0% Alpha Metallurgical Resources, Inc. (a) ................... 467 110,072 Century Aluminum Co. (a) ............................... 3,054 139,781

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

12 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-12/48 A DDITIONAL I NFO M1 A 026U-605466 DDITIONAL 1 I 2/48 NFORMATION

Page 13

Security Shares Value

Metals & Mining (continued) Cleveland-Cliffs, Inc. (a)(b) ............................... 25,547 $ 295,068 Commercial Metals Co. ................................. 4,699 317,041 Compass Minerals International, Inc. (a) .................. 1,473 36,619 Constellium SE, Class A (a) .............................. 5,384 142,299 Hecla Mining Co. ....................................... 27,710 550,598 Hycroft Mining Holding Corp., Class A (a)(b) ............... 2,356 55,201 Ivanhoe Electric, Inc. (a) ................................. 5,249 58,054 Kaiser Aluminum Corp. ................................. 671 106,541 Materion Corp. ......................................... 920 217,194 McEwen, Inc. (a)(b) ...................................... 2,285 46,066 Metallus, Inc. (a) ........................................ 1,565 30,549 MP Materials Corp., Class A (a)(b) ........................ 6,321 346,075 Ramaco Resources, Inc., Class A (a) ..................... 1,473 20,975 Ryerson Holding Corp. ................................. 2,173 54,455 United States Antimony Corp. (a)(b) ....................... 5,621 27,374 USA Rare Earth, Inc., Class A (a)(b) ...................... 8,007 142,685 Worthington Steel, Inc. ................................. 1,406 48,437 2,745,084 Mortgage Real Estate Investment Trusts (REITs) — 0.6% Adamas Trust, Inc. ..................................... 3,768 36,700 AGNC Investment Corp. ................................ 51,435 551,898 Apollo Commercial Real Estate Finance, Inc. ............ 5,220 36,070 Arbor Realty Trust, Inc. ................................. 7,936 39,759 ARMOUR Residential REIT, Inc. ........................ 5,480 88,886 Blackstone Mortgage Trust, Inc., Class A ................ 7,210 100,219 Chimera Investment Corp. .............................. 3,642 41,737 Dynex Capital, Inc. ..................................... 9,485 122,262 Ellington Financial, Inc. ................................. 5,362 71,744 Ladder Capital Corp., Class A ........................... 5,184 50,803 MFA Financial, Inc. ..................................... 3,959 34,918 Orchid Island Capital, Inc. .............................. 8,901 58,658 PennyMac Mortgage Investment Trust .................. 4,293 40,011 Rithm Capital Corp. .................................... 25,638 257,149 Starwood Property Trust, Inc. ........................... 16,069 252,283 1,783,097 Multi-Utilities — 0.2% Avista Corp. ........................................... 3,739 138,941 Black Hills Corp. ....................................... 3,416 244,859 Northwestern Energy Group, Inc. ....................... 2,780 192,265 Unitil Corp. ............................................. 796 42,618 618,683 Office REITs — 0.6% BXP, Inc. ............................................... 6,603 448,938 COPT Defense Properties .............................. 5,071 182,556 Cousins Properties, Inc. ................................ 6,907 200,234 Douglas Emmett, Inc. .................................. 6,798 78,585 Easterly Government Properties, Inc. .................... 1,917 47,024 Empire State Realty Trust, Inc., Class A ................. 6,748 30,568 Highwoods Properties, Inc. ............................. 4,723 144,524 JBG SMITH Properties ................................. 2,573 31,005 Kilroy Realty Corp. ..................................... 4,592 166,689 Piedmont Realty Trust, Inc., Class A (a) .................. 5,626 53,841 SL Green Realty Corp. ................................. 3,203 179,304 Vornado Realty Trust ................................... 7,217 269,771 1,833,039 Oil, Gas & Consumable Fuels — 3.1% Antero Midstream Corp. ................................ 14,138 316,974 Antero Resources Corp. (a) .............................. 13,423 516,517 APA Corp. ............................................. 15,189 655,405 BKV Corp. (a) ........................................... 1,185 28,630 California Resources Corp. ............................. 3,355 177,916

Security Shares Value

Oil, Gas & Consumable Fuels (continued) Calumet, Inc. (a) ........................................ 3,199 $ 159,086 Centrus Energy Corp., Class A (a)(b) ...................... 800 137,120 Chord Energy Corp. .................................... 2,416 355,418 CNX Resources Corp. (a)(b) .............................. 6,086 221,409 Comstock Resources, Inc. (a)(b) .......................... 2,581 37,244 Core Natural Resources, Inc. ........................... 2,242 229,357 Crescent Energy Co., Class A .......................... 13,231 181,132 CVR Energy, Inc. ....................................... 1,384 57,934 Delek U.S. Holdings, Inc. ............................... 2,606 193,730 Diversified Energy Co. .................................. 3,130 46,606 Dorian LPG Ltd. ........................................ 1,688 84,468 DT Midstream, Inc. ..................................... 4,561 597,582 Excelerate Energy, Inc., Class A ........................ 1,050 41,601 Granite Ridge Resources, Inc. .......................... 3,216 16,176 Green Plains, Inc. (a)(b) .................................. 3,028 43,755 Gulfport Energy Corp. (a) ................................ 694 124,538 HF Sinclair Corp. ....................................... 6,581 668,695 HighPeak Energy, Inc. .................................. 991 8,116 International Seaways, Inc. ............................. 1,888 186,232 Kinetik Holdings, Inc., Class A .......................... 3,061 167,835 Kosmos Energy Ltd. (a) .................................. 26,474 75,716 Magnolia Oil & Gas Corp., Class A ...................... 10,531 282,757 Matador Resources Co. ................................ 4,930 285,989 Murphy Oil Corp. ....................................... 5,985 217,974 NextDecade Corp. (a)(b) ................................. 5,412 40,806 Northern Oil & Gas, Inc. ................................ 3,757 97,720 Par Pacific Holdings, Inc. (a) ............................. 2,196 175,504 PBF Energy, Inc., Class A .............................. 4,396 320,864 Peabody Energy Corp. ................................. 4,697 139,454 Range Resources Corp. ................................ 10,149 419,357 REX American Resources Corp. (a) ...................... 1,426 58,580 Riley Exploration Permian, Inc. ......................... 709 27,672 SM Energy Co. ......................................... 10,743 399,425 Talos Energy, Inc. (a) .................................... 4,424 76,358 Tamboran Resources Corp. (a) ........................... 849 32,160 Uranium Energy Corp. (a)(b) .............................. 21,677 265,327 Venture Global, Inc., Class A ............................ 11,253 164,744 Viper Energy, Inc., Class A .............................. 8,681 388,822 Vitesse Energy, Inc. .................................... 1,471 25,728 World Kinect Corp. ..................................... 2,111 75,468 8,823,901 Paper & Forest Products — 0.0% Sylvamo Corp. ......................................... 1,545 55,496 Passenger Airlines — 0.4% Alaska Air Group, Inc. (a) ................................ 4,555 188,258 American Airlines Group, Inc. (a) ......................... 29,374 394,493 Frontier Group Holdings, Inc. (a)(b) ....................... 3,816 21,751 JetBlue Airways Corp. (a) ................................ 13,145 60,467 Joby Aviation, Inc., Class A (a)(b) ......................... 28,234 193,121 SkyWest, Inc. (a) ........................................ 1,762 166,791 1,024,881 Personal Care Products — 0.2% BellRing Brands, Inc. (a) ................................. 4,993 53,775 Coty, Inc., Class A (a) .................................... 15,793 45,010 Edgewell Personal Care Co. ............................ 1,915 54,999 elf Beauty, Inc. (a) ....................................... 2,574 280,695 Herbalife Ltd. (a) ........................................ 4,583 50,367 Interparfums, Inc. ...................................... 826 96,997 581,843 Pharmaceuticals — 2.1% Alto Neuroscience, Inc. (a)(b) ............................. 1,473 52,115

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-13/48 13

Page 14

Security Shares Value

Pharmaceuticals (continued) Alumis, Inc. (a) .......................................... 3,324 $ 72,496 Amneal Pharmaceuticals, Inc., Class A (a) ................ 5,839 102,007 Amphastar Pharmaceuticals, Inc. (a) ..................... 1,338 30,145 Amylyx Pharmaceuticals, Inc. (a) ......................... 3,700 124,875 ANI Pharmaceuticals, Inc. (a) ............................ 984 72,078 AtaiBeckley, Inc. (a) ..................................... 13,740 100,852 Avalyn Pharma, Inc. (a)(b) ................................ 852 29,590 Axsome Therapeutics, Inc. (a) ............................ 1,888 374,806 Collegium Pharmaceutical, Inc. (a) ....................... 1,391 34,232 Corcept Therapeutics, Inc. (a) ............................ 4,427 501,800 Crinetics Pharmaceuticals, Inc. (a) ....................... 4,697 399,010 Edgewise Therapeutics, Inc. (a) .......................... 3,892 162,569 Elanco Animal Health, Inc. (a) ............................ 21,431 512,630 Enliven Therapeutics, Inc. (a) ............................ 2,544 147,272 EyePoint, Inc. (a)(b) ...................................... 3,155 14,197 Harmony Biosciences Holdings, Inc. (a) .................. 2,232 87,896 Harrow, Inc. (a)(b) ........................................ 1,222 45,104 Indivior Pharmaceuticals, Inc. (a) ......................... 5,188 181,217 Innoviva, Inc. (a) ........................................ 3,289 68,313 Jazz Pharmaceuticals PLC (a) ........................... 2,820 706,918 LB Pharmaceuticals, Inc. (a)(b) ........................... 815 38,517 Ligand Pharmaceuticals, Inc. (a) ......................... 887 251,997 Liquidia Corp. (a) ........................................ 3,021 205,942 Maze Therapeutics, Inc. (a)(b) ............................ 1,283 34,089 MBX Biosciences, Inc. (a) ................................ 1,144 70,470 Nektar Therapeutics (a) .................................. 1,294 92,366 Nuvation Bio, Inc., Class A (a) ............................ 10,466 69,704 Ocular Therapeutix, Inc. (a)(b) ............................ 8,186 85,871 Omeros Corp. (a) ........................................ 3,076 57,798 Organon & Co. ......................................... 11,838 162,891 Pacira BioSciences, Inc. (a) .............................. 1,678 43,460 Perrigo Co. PLC ....................................... 5,968 87,372 Phathom Pharmaceuticals, Inc. (a)(b) ..................... 2,641 25,274 Phibro Animal Health Corp., Class A .................... 954 36,004 Prestige Consumer Healthcare, Inc. (a) ................... 1,977 102,369 Rapport Therapeutics, Inc. (a) ............................ 1,475 71,788 Septerna, Inc. (a) ........................................ 906 34,564 SpyGlass Pharma, Inc. (a) ............................... 698 18,218 Supernus Pharmaceuticals, Inc. (a) ....................... 2,432 107,519 Tarsus Pharmaceuticals, Inc. (a) ......................... 1,731 128,509 Theravance Biopharma, Inc. (a) .......................... 1,740 29,650 Tilray Brands, Inc. (a)(b) .................................. 5,304 24,239 Trevi Therapeutics, Inc. (a) ............................... 5,335 88,561 VeraDermics, Inc. (a) .................................... 1,540 151,551 Wave Life Sciences, Inc. (a) .............................. 6,085 29,816 Xeris Biopharma Holdings, Inc. (a) ....................... 7,243 61,131 5,929,792 Professional Services — 2.2% Amentum Holdings, Inc. (a)(b) ............................ 8,933 178,571 Barrett Business Services, Inc. .......................... 1,053 36,223 BlackSky Technology, Inc., Class A (a)(b) .................. 1,377 31,809 Booz Allen Hamilton Holding Corp., Class A ............. 5,333 403,441 CACI International, Inc., Class A (a)(b) .................... 989 616,157 CBIZ, Inc. (a) ............................................ 2,110 114,974 Clarivate PLC (a)(b) ...................................... 15,001 30,752 Concentrix Corp. ....................................... 1,809 54,451 CRA International, Inc. ................................. 278 48,511 ExlService Holdings, Inc. (a) ............................. 6,847 260,734 Exponent, Inc. ......................................... 2,085 148,056 First Advantage Corp. (a) ................................ 3,577 75,188 FTI Consulting, Inc. (a) .................................. 1,330 200,258 Genpact Ltd. ........................................... 6,163 234,071

Security Shares Value

Professional Services (continued) Huron Consulting Group, Inc. (a) ......................... 690 $ 110,324 ICF International, Inc. .................................. 761 67,805 Innodata, Inc. (a)(b) ...................................... 1,396 78,762 Insperity, Inc. ........................................... 1,585 84,560 KBR, Inc. .............................................. 5,683 213,112 Korn Ferry ............................................. 2,087 178,543 Legalzoom.com, Inc. (a) ................................. 5,236 32,620 ManpowerGroup, Inc. .................................. 1,979 124,578 Maximus, Inc. .......................................... 2,233 129,000 Parsons Corp. (a)(b) ..................................... 2,573 125,151 Paycom Software, Inc. ................................. 1,793 428,706 Paylocity Holding Corp. (a) ............................... 1,805 289,197 Planet Labs PBC, Class A (a) ............................ 12,863 255,331 Resolute Holdings Management, Inc. (a)(b) ................ 181 24,529 Robert Half, Inc. ........................................ 4,541 205,889 Science Applications International Corp. ................. 1,927 247,080 TIC Solutions, Inc. (a) .................................... 8,204 77,856 TransUnion ............................................ 8,626 732,434 TriNet Group, Inc. ...................................... 1,238 87,019 UL Solutions, Inc., Class A .............................. 3,494 260,373 Upwork, Inc. (a) ......................................... 4,804 43,380 Verra Mobility Corp., Class A (a) .......................... 7,246 32,100 Willdan Group, Inc. (a)(b) ................................. 641 56,376 6,317,921 Real Estate Management & Development — 0.7% AGNT, Inc. ............................................. 4,407 18,157 Compass, Inc., Class A (a)(b) ............................. 31,618 333,886 Cushman & Wakefield Ltd. (a) ............................ 9,998 134,873 Forestar Group, Inc. (a) .................................. 752 21,259 Howard Hughes Holdings, Inc. (a) ........................ 1,390 89,141 Jones Lang LaSalle, Inc. (a) ............................. 2,079 760,644 Marcus & Millichap, Inc. ................................ 1,069 33,844 Newmark Group, Inc., Class A .......................... 6,823 103,914 Opendoor Technologies, Inc., Class A (a)(b) ............... 42,087 134,678 St. Joe Co. (The) ....................................... 1,871 123,673 Zillow Group, Inc., Class A (a)(b) .......................... 1,811 64,816 Zillow Group, Inc., Class C, NVS (a) ...................... 7,551 263,983 2,082,868 Residential REITs — 0.8% American Homes 4 Rent, Class A ....................... 13,581 452,247 Camden Property Trust ................................. 4,450 470,810 Centerspace ........................................... 773 40,575 Equity LifeStyle Properties, Inc. ......................... 8,742 554,680 Independence Realty Trust, Inc. ........................ 10,619 171,815 UDR, Inc. .............................................. 13,341 492,950 UMH Properties, Inc. ................................... 3,630 59,714 2,242,791 Retail REITs — 1.3% Acadia Realty Trust .................................... 5,702 116,720 Agree Realty Corp. ..................................... 5,315 384,009 Alexander’s, Inc. ....................................... 87 23,634 Brixmor Property Group, Inc. ............................ 13,283 383,746 CBL & Associates Properties, Inc. ....................... 866 47,361 Curbline Properties Corp. ............................... 4,256 126,956 Federal Realty Investment Trust ........................ 3,855 447,296 Getty Realty Corp. ..................................... 2,669 86,529 InvenTrust Properties Corp. ............................. 3,267 105,557 Kite Realty Group Trust ................................. 8,820 227,556 Macerich Co. (The) ..................................... 12,490 295,014 NETSTREIT Corp. ..................................... 3,951 80,442 NNN REIT, Inc. ......................................... 8,579 387,771

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

14 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-14/48 A DDITIONAL I NFO M1 A 026U-605466 DDITIONAL 1 I 4/48 NFORMATION

Page 15

Security Shares Value

Retail REITs (continued) Phillips Edison & Co., Inc. .............................. 5,368 $ 207,473 Regency Centers Corp. ................................. 7,371 551,130 Saul Centers, Inc. ...................................... 634 20,675 Tanger, Inc. ............................................ 5,104 192,472 Urban Edge Properties ................................. 5,538 117,184 3,801,525 Semiconductors & Semiconductor Equipment — 2.7% ACM Research, Inc., Class A (a) ......................... 2,333 169,889 Aehr Test Systems (a)(b) ................................. 1,355 107,411 Allegro MicroSystems, Inc. (a)(b) ......................... 5,683 206,009 Alpha & Omega Semiconductor Ltd. (a) .................. 1,089 26,855 Ambarella, Inc. (a)(b) ..................................... 1,959 135,915 Ambiq Micro, Inc. (a) .................................... 947 55,220 Axcelis Technologies, Inc. (a) ............................ 1,340 154,542 AXT, Inc. (a)(b) ........................................... 2,678 162,314 Cirrus Logic, Inc. (a) ..................................... 2,290 250,778 Cohu, Inc. (a) ........................................... 2,100 96,810 Diodes, Inc. (a) .......................................... 1,935 175,698 Enphase Energy, Inc. (a) ................................. 5,898 214,805 FormFactor, Inc. (a) ..................................... 3,503 352,437 Ichor Holdings Ltd. (a) ................................... 1,545 82,766 Impinj, Inc. (a) ........................................... 1,287 224,350 indie Semiconductor, Inc., Class A (a)(b) .................. 9,153 34,003 Kopin Corp. (a)(b) ........................................ 7,113 31,582 Kulicke & Soffa Industries, Inc. .......................... 2,287 183,097 MaxLinear, Inc. (a) ....................................... 3,670 219,870 Navitas Semiconductor Corp. (a)(b) ....................... 8,951 103,742 Onto Innovation, Inc. (a) ................................. 2,236 597,481 PDF Solutions, Inc. (a) ................................... 1,489 66,231 Penguin Solutions, Inc. (a) ............................... 1,934 94,921 Photronics, Inc. (a) ...................................... 2,603 73,248 Power Integrations, Inc. ................................ 2,399 123,261 Qorvo, Inc. (a) ........................................... 3,962 380,669 Rambus, Inc. (a) ........................................ 4,878 422,874 Rigetti Computing, Inc. (a)(b) ............................. 14,040 219,866 Semtech Corp. (a) ....................................... 4,169 554,310 Silicon Laboratories, Inc. (a) ............................. 1,483 324,851 SiTime Corp. (a) ......................................... 989 559,200 Skyworks Solutions, Inc. (b) .............................. 6,818 456,874 SolarEdge Technologies, Inc. (a) ......................... 2,656 85,523 Synaptics, Inc. (a) ....................................... 1,739 168,196 T1 Energy, Inc. (a)(b) ..................................... 8,197 36,477 Ultra Clean Holdings, Inc. (a) ............................. 1,989 134,914 Universal Display Corp. ................................. 2,102 174,823 Veeco Instruments, Inc. (a) ............................... 2,709 120,009 Wolfspeed, Inc. (a)(b) .................................... 2,146 58,800 7,640,621 Software — 7.3% A10 Networks, Inc. ..................................... 3,155 80,105 ACI Worldwide, Inc. (a) .................................. 4,510 240,293 Adeia, Inc. ............................................. 4,957 125,065 Agilysys, Inc. (a) ......................................... 1,144 133,173 Alarm.com Holdings, Inc. (a) ............................. 2,170 124,905 Alkami Technology, Inc. (a)(b) ............................. 2,390 48,756 Amplitude, Inc., Class A (a) .............................. 4,048 57,077 Appfolio, Inc., Class A (a) ................................ 1,075 251,776 Appian Corp., Class A (a) ................................ 1,614 69,321 Arteris, Inc. (a) .......................................... 1,567 34,286 Asana, Inc., Class A (a) .................................. 4,426 45,411 Atlassian Corp., Class A (a) .............................. 7,132 1,384,820 Aurora Innovation, Inc., Class A (a)(b) ..................... 58,655 330,228 AvePoint, Inc., Class A (a) ............................... 6,409 89,213

Security Shares Value

Software (continued) Bentley Systems, Inc., Class B .......................... 4,956 $ 182,133 BILL Holdings, Inc. (a) ................................... 3,441 169,400 BitMine Immersion Technologies, Inc. ................... 24,707 625,581 Blackbaud, Inc. (a) ...................................... 1,556 74,781 BlackLine, Inc. (a) ....................................... 1,961 65,144 Box, Inc., Class A (a) .................................... 6,198 221,764 Braze, Inc., Class A (a) .................................. 4,198 142,900 C3.ai, Inc., Class A (a) ................................... 5,785 62,594 CCC Intelligent Solutions Holdings, Inc. (a) ............... 25,293 188,686 Cipher Digital, Inc. (a)(b) .................................. 14,867 230,439 Cleanspark, Inc. (a)(b) .................................... 10,991 127,715 Clear Secure, Inc., Class A ............................. 4,241 187,240 Commvault Systems, Inc. (a) ............................. 1,869 257,025 Core Scientific, Inc. (a)(b) ................................. 13,526 220,474 Docusign, Inc. (a) ........................................ 8,791 582,580 Dolby Laboratories, Inc., Class A ........................ 2,632 162,026 Dropbox, Inc., Class A (a) ................................ 6,833 240,453 D-Wave Quantum, Inc. (a)(b) ............................. 16,173 278,176 Dynatrace, Inc. (a) ....................................... 13,115 715,948 Elastic NV (a) ........................................... 3,827 373,324 Figma, Inc., Class A (a) .................................. 10,227 281,140 Five9, Inc. (a) ........................................... 3,279 113,322 Freshworks, Inc., Class A (a) ............................. 8,212 114,311 Gen Digital, Inc. ........................................ 24,510 759,810 Gitlab, Inc., Class A (a) .................................. 6,759 314,564 Guidewire Software, Inc. (a) .............................. 3,646 746,518 HubSpot, Inc. (a) ........................................ 2,143 560,094 Hut 8 Corp. (a)(b) ........................................ 4,549 357,733 Intapp, Inc. (a) ........................................... 2,423 105,086 InterDigital, Inc. ........................................ 1,130 378,584 JFrog Ltd. (a)(b) .......................................... 4,622 462,524 Keel Infrastructure Corp. (a)(b) ............................ 26,228 82,618 Klaviyo, Inc., Class A (a) ................................. 6,174 127,061 Life360, Inc. (a)(b) ....................................... 3,499 149,967 LiveRamp Holdings, Inc. (a) .............................. 2,411 90,943 Manhattan Associates, Inc. (a) ........................... 2,648 591,007 MARA Holdings, Inc. (a) ................................. 16,857 181,550 N-able, Inc. (a) .......................................... 3,368 13,405 nCino, Inc. (a)(b) ......................................... 4,226 95,508 NCR Voyix Corp. (a)(b) ................................... 6,211 52,048 Netskope, Inc., Class A (a)(b) ............................. 6,968 106,680 NextNav, Inc. (a)(b) ...................................... 2,489 39,500 Nutanix, Inc., Class A (a) ................................. 12,008 823,389 Pagaya Technologies Ltd., Class A (a)(b) .................. 3,048 66,264 Pegasystems, Inc. ..................................... 4,086 150,406 Procore Technologies, Inc. (a)(b) .......................... 5,127 321,565 Progress Software Corp. (a) ............................. 1,784 82,546 Q2 Holdings, Inc. (a) ..................................... 2,708 176,128 Qualys, Inc. (a) .......................................... 1,535 285,725 RingCentral, Inc., Class A .............................. 3,098 215,683 Riot Platforms, Inc. (a) ................................... 15,717 298,544 Rubrik, Inc., Class A (a) .................................. 6,825 634,998 SailPoint, Inc. (a)(b) ...................................... 3,072 63,160 Samsara, Inc., Class A (a)(b) ............................. 14,547 594,245 SentinelOne, Inc., Class A (a) ............................ 14,620 323,102 ServiceTitan, Inc., Class A (a) ............................ 2,695 264,218 SoundHound AI, Inc., Class A (a)(b) ....................... 17,130 122,651 SPS Commerce, Inc. (a) ................................. 1,620 138,348 Tenable Holdings, Inc. (a)(b) .............................. 4,972 189,682 Teradata Corp. (a) ....................................... 4,098 118,842 Terawulf, Inc. (a)(b) ...................................... 18,668 282,447 UiPath, Inc., Class A (a) ................................. 18,086 337,666

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-15/48 15

Page 16

Security Shares Value

Software (continued) Unity Software, Inc. (a) .................................. 16,019 $ 674,400 Varonis Systems, Inc. (a) ................................ 5,109 223,621 Vertex, Inc., Class A (a) .................................. 3,074 43,528 Via Transportation, Inc., Class A (a) ...................... 2,256 63,010 Workiva, Inc., Class A (a) ................................ 2,361 188,880 Zeta Global Holdings Corp., Class A (a) .................. 10,091 312,518 20,842,351 Specialized REITs — 1.0% CubeSmart ............................................ 10,173 404,072 EPR Properties ........................................ 3,443 202,139 Fermi, Inc. (a) ........................................... 12,744 63,338 Four Corners Property Trust, Inc. ....................... 5,088 126,589 Gaming & Leisure Properties, Inc. ....................... 12,244 515,105 Lamar Advertising Co., Class A ......................... 3,910 582,629 Millrose Properties, Inc., Class A ........................ 6,921 210,537 Outfront Media, Inc. .................................... 7,483 219,851 Rayonier, Inc. .......................................... 13,317 272,998 Safehold, Inc. .......................................... 2,095 31,718 Smartstop Self Storage REIT, Inc. ....................... 2,534 82,279 2,711,255 Specialty Retail — 2.5% Abercrombie & Fitch Co., Class A (a) ..................... 1,960 280,437 Academy Sports & Outdoors, Inc. ....................... 2,824 121,319 Advance Auto Parts, Inc. ............................... 2,488 104,944 American Eagle Outfitters, Inc. .......................... 6,600 109,758 Arko Corp., Class A .................................... 2,814 12,832 Asbury Automotive Group, Inc. (a) ........................ 772 163,201 AutoNation, Inc. (a) ...................................... 1,092 219,765 Bath & Body Works, Inc. ................................ 8,696 167,398 Best Buy Co., Inc. ...................................... 8,794 704,839 Bob’s Discount Furniture, Inc. (a)(b) ....................... 995 16,746 Boot Barn Holdings, Inc. (a) .............................. 1,365 205,610 Buckle, Inc. (The) ...................................... 1,489 63,431 CarMax, Inc. (a) ......................................... 6,379 391,224 Chewy, Inc., Class A (a) ................................. 10,212 243,046 Five Below, Inc. (a) ...................................... 2,355 581,308 Floor & Decor Holdings, Inc., Class A (a) ................. 4,772 239,888 GameStop Corp., Class A (a)(b) .......................... 18,348 337,236 Gap, Inc. (The) ......................................... 10,372 231,399 Group 1 Automotive, Inc. ............................... 526 141,778 Lithia Motors, Inc., Class A ............................. 961 352,994 Murphy U.S.A., Inc. .................................... 808 416,435 National Vision Holdings, Inc. (a) ......................... 3,448 58,892 Penske Automotive Group, Inc. ......................... 823 178,254 RealReal, Inc. (The) (a) .................................. 4,695 48,077 Revolve Group, Inc., Class A (a)(b) ....................... 1,955 43,440 RH (a) .................................................. 678 101,124 Sally Beauty Holdings, Inc. (a) ........................... 4,294 70,336 Signet Jewelers Ltd. .................................... 1,743 143,414 Sonic Automotive, Inc., Class A ......................... 546 42,943 Upbound Group, Inc. ................................... 2,437 44,597 Urban Outfitters, Inc. (a) ................................. 2,091 168,723 Valvoline, Inc. (a) ........................................ 5,483 175,785 Victoria’s Secret & Co. (a) ................................ 3,132 267,504 Warby Parker, Inc., Class A (a) ........................... 4,038 99,335 Wayfair, Inc., Class A (a)(b) ............................... 4,932 489,600 Winmark Corp. ......................................... 131 43,586 7,081,198 Technology Hardware, Storage & Peripherals — 0.1% Diebold Nixdorf, Inc. (a) .................................. 1,539 104,406 Eastman Kodak Co. (a)(b) ................................ 2,931 26,320

Security Shares Value

Technology Hardware, Storage & Peripherals (continued) GPGI, Inc., Class A (b) ................................... 8,055 $ 106,487 Infleqtion, Inc. (a)(b) ...................................... 5,411 70,722 Quantum Computing, Inc. (a)(b) .......................... 8,856 72,885 380,820 Textiles, Apparel & Luxury Goods — 0.9% Capri Holdings Ltd. (a) ................................... 5,116 67,787 Carter’s, Inc. ........................................... 1,533 49,654 Columbia Sportswear Co. .............................. 897 51,488 Crocs, Inc. (a) ........................................... 2,118 254,965 Deckers Outdoor Corp. (a) ............................... 6,282 547,037 Figs, Inc., Class A (a) .................................... 3,675 56,374 G-III Apparel Group Ltd. ................................ 1,455 47,418 Kontoor Brands, Inc. ................................... 2,479 186,941 Levi Strauss & Co., Class A ............................. 4,302 89,309 PVH Corp. ............................................. 1,998 148,172 Ralph Lauren Corp., Class A ............................ 1,657 574,813 Steven Madden Ltd. .................................... 3,239 139,860 Under Armour, Inc., Class A (a)(b) ......................... 7,669 38,652 Under Armour, Inc., Class C, NVS (a) ..................... 5,234 25,804 VF Corp. ............................................... 14,804 198,966 Wolverine World Wide, Inc. ............................. 3,788 74,737 2,551,977 Tobacco — 0.0% Turning Point Brands, Inc. (b) ............................ 801 64,857 Universal Corp. ........................................ 1,083 49,276 114,133 Trading Companies & Distributors — 1.2% Applied Industrial Technologies, Inc. ..................... 1,659 537,483 Boise Cascade Co. ..................................... 1,561 121,774 Core & Main, Inc., Class A (a) ............................ 7,379 317,002 Custom Truck One Source, Inc. (a) ....................... 2,828 26,046 Distribution Solutions Group, Inc. (a) ..................... 507 17,638 DNOW, Inc. (a) .......................................... 8,219 131,751 DXP Enterprises, Inc. (a) ................................. 516 96,869 EquipmentShare.com, Inc., Class A (a) ................... 1,879 33,089 GATX Corp. ............................................ 1,579 276,214 Global Industrial Co. .................................... 774 30,263 Herc Holdings, Inc. ..................................... 1,282 195,300 McGrath RentCorp ..................................... 1,062 119,411 MSC Industrial Direct Co., Inc., Class A ................. 1,843 219,096 NPK International, Inc. (a) ............................... 3,550 47,144 QXO, Inc. (a)(b) .......................................... 45,006 597,680 Rush Enterprises, Inc., Class A ......................... 2,738 210,360 Rush Enterprises, Inc., Class B ......................... 301 23,400 SiteOne Landscape Supply, Inc. (a) ...................... 1,969 194,006 Willis Lease Finance Corp. (b) ........................... 375 20,299 Xometry, Inc., Class A (a)(b) .............................. 2,254 208,923 3,423,748 Water Utilities — 0.3% American States Water Co. ............................. 1,832 163,579 California Water Service Group ......................... 2,637 131,771 Essential Utilities, Inc. .................................. 12,723 523,806 H2O America .......................................... 1,659 105,131 Middlesex Water Co. ................................... 870 50,460 974,747

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

16 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-16/48 A DDITIONAL I NFO M1 A 026U-605466 DDITIONAL 1 I 6/48 NFORMATION

Page 17

Security Shares Value

Wireless Telecommunication Services — 0.1% Array Digital Infrastructure, Inc. ......................... 693 $ 25,405 Telephone & Data Systems, Inc. ........................ 3,825 128,826 154,231 Total Common Stocks — 99.8% (Cost: $228,612,506) ................................................. 285,204,529

Preferred Securities

Preferred Stocks — 0.0% Diversified Telecommunication Services — 0.0% Liberty Latin America Ltd., Series A, 9.00%, NVS (d) ...... 173 3,657 Total Preferred Securities — 0.0% (Cost: $3,743) ....................................................... 3,657

Rights

Biotechnology — 0.0% Akero Therapeutics, Inc., CVR (a)(c) ...................... 2,899 1,884 Arcellx, Inc., CVR (a) .................................... 1,680 118 Inhibrx, Inc., CVR (a)(c) .................................. 1,489 2,859 4,861 Total Rights — 0.0% (Cost: $—) ........................................................... 4,861 Total Long-Term Investments — 99.8% (Cost: $228,616,249) ................................................. 285,213,047

Security Shares Value Short-Term Securities

Money Market Funds — 8.5% BlackRock Cash Funds: Institutional, SL Agency Shares, 3.84% (e)(f)(g) ......................................... 23,055,876 $ 23,062,792 BlackRock Cash Funds: Treasury, SL Agency Shares, 3.65% (e)(f) ........................................... 1,148,614 1,148,614 Total Short-Term Securities — 8.5% (Cost: $24,201,761) .................................................. 24,211,406 Total Investments — 108.3% (Cost: $252,818,010) ................................................. 309,424,453 Liabilities in Excess of Other Assets — (8.3)% ......................... (23,820,436) Net Assets — 100.0% .................................................. $ 285,604,017

(a) Non-income producing security. (b) All or a portion of this security is on loan. (c) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. (d) Perpetual security with no stated maturity date. (e) Affiliate of the Fund. (f) Annualized 7-day yield as of period end. (g) 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 August 31, 2026 for purposes of Section 2(a)(3) of the Investm ent Company Act of 1940, as amended, were as follows:

Affiliated Issuer

Value at 04/30/26

Purchases at Cost

Proceeds from Sales

Net Realized Gain (Loss)

Change in Unrealized Appreciation (Depreciation)

Value at 08/31/26

Shares Held at 08/31/26 Income

Capital Gain Distributions from Underlying Funds BlackRock Cash Funds: Institutional, SL Agency Shares ................. $ 19,893,032 $ 3,170,303 (a) $ — $ (170) $ (373) $ 23,062,792 23,055,876 $ 47,226 (b) $— BlackRock Cash Funds: Treasury, SL Agency Shares .................... 1,172,503 — (23,889) (a) — — 1,148,614 1,148,614 10,925 — $ (170) $ (373) $ 24,211,406 $ 58,151 $ —

(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 inve stment fees, and other payments to and from borrowers of securities.

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 Russell 2000 E-Mini Index ............................................................................... 3 09/18/26 $ 444 $ (8,153)

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF (Percentages shown are based on Net Assets)

S CHEDULE OF I NVESTMENTS NM1026U-6054665-17/48 17

Page 18

Derivative Financial Instruments Categorized by Risk Exposure

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Liabilities — Derivative Financial Instruments Futures contracts Unrealized depreciation on futures contracts (a) ........................ $ — $ — $ 8,153 $ — $ — $ — $ 8,153

(a) Net cumulative unrealized appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, are reported in the Schedule of Inv estments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (deprec iation) is included in accumulated earnings (loss).

For the period ended August 31, 2026, the effect of derivative financial instruments in the Statements of Operations was as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Net Realized Gain (Loss) from: Futures contracts .................................................... $ — $ — $ 28,117 $ — $ — $ — $ 28,117 Net Change in Unrealized Appreciation (Depreciation) on: Futures contracts .................................................... $ — $ — $ (11,806) $ — $ — $ — $ (11,806)

Average Quarterly Balances of Outstanding Derivative Financial Instruments Futures contracts: Average notional value of contracts — long ....................................................................................................................... $ 819,543

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Fair Value Hiera rchy as of P eriod End

Various inputs are used in determining the fair value of financial instruments at the measurement date. For a description of the input levels and infor mation about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to Financial Statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial inst ruments into major categories is disclosed in the Schedule of Investments above.

Level 1 Level 2 Level 3 Total Assets Investments Long-Term Investments Common Stocks ....................................................... $ 284,996,684 $ 207,845 $ — $ 285,204,529 Preferred Securities Preferred Stocks ..................................................... 3,657 — — 3,657 Rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 118 4,743 4,861 Short-Term Securities Money Market Funds ................................................... 24,211,406 — — 24,211,406 $ 309,211,747 $ 207,963 $ 4,743 $ 309,424,453 Derivative Financial Instruments (a) Liabilities Equity Contracts ........................................................ $ (8,153) $ — $ — $ (8,153)

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instru ment.

See notes to financial statements.

Schedule of Investments (continued) August 31, 2026

iShares Morningstar Small-Cap ETF

18 2026 I S HARES A NNUAL F INANCIAL S TATEMENTS ANDN DNM1026U-6054665-18/48 A DDITIONAL I NFO M1 A 026U-605466 DDITIONAL 1 I 8/48 NFORMATION

Page 19

Security Shares Value Common Stocks

Aerospace & Defense — 2.3% ATI, Inc. (a) ............................................. 2,602 $ 531,328 Axon Enterprise, Inc. (a) ................................ 1,491 844,741 Boeing Co. (The) (a) .................................... 15,220 3,162,412 BWX Technologies, Inc. ................................ 1,770 269,553 Carpenter Technology Corp. ........................... 952 453,552 Curtiss-Wright Corp. ................................... 711 414,179 General Dynamics Corp. ............................... 4,733 1,757,599 General Electric Co. ................................... 20,325 6,823,306 HEICO Corp. (b) ........................................ 817 270,550 HEICO Corp., Class A ................................. 1,489 363,569 Howmet Aerospace, Inc. ............................... 7,763 1,901,547 L3Harris Technologies, Inc. ............................ 3,651 972,079 Lockheed Martin Corp. ................................. 3,812 2,139,409 Northrop Grumman Corp. .............................. 2,765 1,492,270 Rocket Lab Corp. (a) .................................... 10,454 668,220 RTX Corp. ............................................ 25,997 5,400,357 Textron, Inc. ........................................... 3,491 281,235 TransDigm Group, Inc. ................................. 1,045 1,224,468 Woodward, Inc. ........................................ 1,139 387,055 29,357,429 Air Freight & Logistics — 0.3% CH Robinson Worldwide, Inc. .......................... 2,200 329,252 Expeditors International of Washington, Inc. ............. 2,469 468,246 FedEx Corp. .......................................... 4,324 1,415,677 United Parcel Service, Inc., Class B .................... 14,469 1,508,104 3,721,279 Automobiles — 1.8% Ford Motor Co. ........................................ 76,005 1,059,510 General Motors Co. .................................... 17,623 1,521,217 Rivian Automotive, Inc., Class A (a)(b) .................... 17,221 276,569 Tesla, Inc. (a) ........................................... 54,771 20,152,990 23,010,286 Banks — 3.5% Bank of America Corp. ................................. 127,780 7,914,693 Citigroup, Inc. ......................................... 33,118 4,358,991 Citizens Financial Group, Inc. .......................... 8,280 570,244 East West Bancorp, Inc. ............................... 2,650 336,179 Fifth Third Bancorp .................................... 17,436 937,534 First Citizens BancShares, Inc., Class A ................ 153 331,153 Huntington Bancshares, Inc. ........................... 38,298 639,002 JPMorgan Chase & Co. ................................ 52,366 18,643,343 KeyCorp .............................................. 18,217 393,669 M&T Bank Corp. ....................................... 2,836 663,454 PNC Financial Services Group, Inc. (The) ............... 7,860 1,883,492 Regions Financial Corp. ............................... 15,878 474,435 Truist Financial Corp. .................................. 24,121 1,195,919 U.S. Bancorp .......................................... 30,269 1,863,965 Wells Fargo & Co. ..................................... 59,477 5,138,218 45,344,291 Beverages — 1.0% Coca-Cola Co. (The) ................................... 75,966 6,735,905 Constellation Brands, Inc., Class A ..................... 2,864 374,096 Keurig Dr. Pepper, Inc. ................................. 26,158 833,394 Monster Beverage Corp. (a) ............................. 26,771 1,229,324 PepsiCo, Inc. .......................................... 26,593 3,732,062 12,904,781 Biotechnology — 2.0% AbbVie, Inc. ........................................... 34,315 8,799,052 Alnylam Pharmaceuticals, Inc. (a)(b) ..................... 2,575 619,777

Security Shares Value

Biotechnology (continued) Amgen, Inc. ........................................... 10,432 $ 4,484,508 Biogen, Inc. (a) ......................................... 2,834 613,986 Gilead Sciences, Inc. .................................. 24,163 3,536,013 Incyte Corp. (a) ......................................... 3,242 399,479 Insmed, Inc. (a) ......................................... 4,085 497,635 Moderna, Inc. (a) ....................................... 6,859 962,592 Natera, Inc. (a) ......................................... 2,633 847,721 Regeneron Pharmaceuticals, Inc. ...................... 1,968 1,572,589 Revolution Medicines, Inc. (a) ........................... 3,581 736,146 Roivant Sciences Ltd. (a) ................................ 9,666 334,830 Summit Therapeutics, Inc. (a)(b) ......................... 2,183 29,733 United Therapeutics Corp. (a) ........................... 734 374,619 Vertex Pharmaceuticals, Inc. (a) ......................... 4,934 2,686,662 26,495,342 Broadline Retail — 4.0% Amazon.com, Inc. (a) ................................... 190,699 49,537,879 Coupang, Inc., Class A (a) ............................... 24,909 400,039 eBay, Inc. ............................................. 8,605 891,134 MercadoLibre, Inc. (a) ................................... 917 1,775,495 52,604,547 Building Products — 0.4% Carrier Global Corp. ................................... 15,034 875,279 Johnson Controls International PLC .................... 11,911 1,646,577 Lennox International, Inc. .............................. 630 241,063 Trane Technologies PLC ............................... 4,307 1,914,031 4,676,950 Capital Markets — 3.1% Ameriprise Financial, Inc. .............................. 1,685 931,990 Ares Management Corp., Class A ...................... 4,062 581,556 Bank of New York Mellon Corp. (The) ................... 12,900 2,080,512 BlackRock, Inc. (c) ...................................... 2,700 3,120,147 Blackstone, Inc., Class A ............................... 14,584 2,089,012 Carlyle Group, Inc. (The) ............................... 4,168 201,689 Charles Schwab Corp. (The) ........................... 31,769 3,488,872 CME Group, Inc., Class A .............................. 6,996 1,997,358 Coinbase Global, Inc., Class A (a) ....................... 4,263 801,956 Goldman Sachs Group, Inc. (The) ...................... 5,734 5,882,511 Interactive Brokers Group, Inc., Class A ................ 8,565 833,289 Intercontinental Exchange, Inc. ......................... 11,037 1,773,646 KKR & Co., Inc., Class A ............................... 13,186 1,446,768 LPL Financial Holdings, Inc. ............................ 1,492 552,241 Moody’s Corp. ......................................... 2,928 1,477,586 Morgan Stanley ....................................... 23,362 4,983,582 MSCI, Inc., Class A .................................... 1,374 784,059 Nasdaq, Inc. .......................................... 7,205 710,485 Northern Trust Corp. ................................... 3,576 663,563 Raymond James Financial, Inc. ........................ 3,225 574,598 Robinhood Markets, Inc., Class A (a) .................... 15,056 1,578,019 S&P Global, Inc. ....................................... 5,813 2,533,538 State Street Corp. ..................................... 5,186 992,497 T Rowe Price Group, Inc. .............................. 4,195 466,820 40,546,294 Chemicals — 0.9% Air Products & Chemicals, Inc. ......................... 4,343 1,343,985 Albemarle Corp. ....................................... 2,269 306,247 CF Industries Holdings, Inc. ............................ 2,956 384,369 Corteva, Inc. .......................................... 12,994 1,099,682 Dow, Inc. .............................................. 13,779 420,535 Ecolab, Inc. ........................................... 4,906 1,389,379 International Flavors & Fragrances, Inc. ................ 4,940 426,470

Truncated: This annotation is too large to fit. View the raw JSON.

{
  "annotation_id": "0c363d53-54ad-453b-8c76-0df5b1be17fb",
  "date_created": "2026-10-26T22:14:14.882000Z",
  "date_modified": "2026-10-26T22:14:14.882000Z",
  "file_hash": "1abe5ec6e687421338bd5730c4b47569df3f126ba4665428415fdd83be0f5a21",
  "private": false,
  "record": {
    "attributes": {
      "chunk_type": "page_range",
      "end_page": 48,
      "start_page": 1
    },
    "blocks": [
      {
        "block_type": "box",
        "box": {
          "height": 11,
          "width": 147,
          "x": 791,
          "y": 58
        },
        "id": "8a8427cb-839b-46a0-8a20-4bf0945d69f6",
        "page_number": 1,
        "text": "AUGUST 31, 2026"
      },
      {
        "block_type": "box",
        "box": {
          "height": 28,
          "width": 806,
          "x": 93,
          "y": 142
        },
        "id": "f0526aa3-4e75-4986-a721-322d7bb19a3b",
        "page_number": 1,
        "text": "2026 Annual Financial Statements"
      },
      {
        "block_type": "box",
        "box": {
          "height": 27,
          "width": 635,
          "x": 94,
          "y": 180
        },
        "id": "79c922da-5f3b-4240-9da1-7cdfe28ff4eb",
        "page_number": 1,
        "text": "and Additional Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 107,
          "x": 61,
          "y": 242
        },
        "id": "bfd821f0-3b1c-423b-bbcf-4ef1f25072f3",
        "page_number": 1,
        "text": "iShares Trust"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 8,
          "x": 61,
          "y": 266
        },
        "id": "508a0bc1-42c4-473f-99a9-7499a87b4ad3",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 12,
          "width": 432,
          "x": 78,
          "y": 265
        },
        "id": "5d6e06d9-0474-4149-85c8-625750ec5bd7",
        "page_number": 1,
        "text": "iShares Morningstar Small-Cap ETF | ISCB | NYSE Arca"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 8,
          "x": 61,
          "y": 285
        },
        "id": "617b5ab7-8da3-4ba2-8479-71a1800f9c0f",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 12,
          "width": 434,
          "x": 78,
          "y": 284
        },
        "id": "31f96cf7-a868-4639-936b-d7d481705dca",
        "page_number": 1,
        "text": "iShares Morningstar U.S. Equity ETF | ILCB | NYSE Arca"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 138,
          "x": 757,
          "y": 969
        },
        "id": "4152927b-a404-49d7-968e-bad7587636f0",
        "page_number": 1,
        "text": "NM1026U-6054665-1/48"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 25,
          "x": 943,
          "y": 70
        },
        "id": "dee7f506-5d78-427d-850b-9294ea4646e5",
        "page_number": 2,
        "text": "Page"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 127,
          "x": 30,
          "y": 87
        },
        "id": "71dba45c-22be-4cea-ae89-adda4453342c",
        "page_number": 2,
        "text": "Schedules of Investments"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 637,
          "x": 164,
          "y": 93
        },
        "id": "9fa34447-612a-4778-9faa-e7d4de9f0354",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 143,
          "x": 804,
          "y": 93
        },
        "id": "1619cec1-d44b-45cf-8589-efdd11fb4c78",
        "page_number": 2,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 5,
          "x": 963,
          "y": 87
        },
        "id": "054a2feb-6b85-47fc-b606-4166f1b981c1",
        "page_number": 2,
        "text": "3"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 174,
          "x": 30,
          "y": 100
        },
        "id": "9690f726-041c-4961-ac35-14fc2913c8de",
        "page_number": 2,
        "text": "Statements of Assets and Liabilities"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 637,
          "x": 209,
          "y": 106
        },
        "id": "0554239e-5eaa-40b5-9d2f-78cf7d9426be",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 98,
          "x": 849,
          "y": 106
        },
        "id": "08123490-e441-4198-9a0d-189607230a68",
        "page_number": 2,
        "text": "...................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 11,
          "x": 957,
          "y": 100
        },
        "id": "05680863-773a-4a11-a514-ef628318a752",
        "page_number": 2,
        "text": "27"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 125,
          "x": 30,
          "y": 113
        },
        "id": "a0cc55a3-ad27-450d-8e99-9c27f7a1c160",
        "page_number": 2,
        "text": "Statements of Operations"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 637,
          "x": 164,
          "y": 119
        },
        "id": "e8067687-eda8-452d-ba8f-2d98bdc8e0d5",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 143,
          "x": 804,
          "y": 119
        },
        "id": "de2d9079-e029-47d7-a853-20953bf9b486",
        "page_number": 2,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 11,
          "x": 957,
          "y": 113
        },
        "id": "e05c7010-e3c6-4905-a855-8c8e6e1e2d86",
        "page_number": 2,
        "text": "28"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 183,
          "x": 30,
          "y": 126
        },
        "id": "43e827ad-ecd9-47c7-af78-d0018e2b6026",
        "page_number": 2,
        "text": "Statements of Changes in Net Assets"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 637,
          "x": 219,
          "y": 131
        },
        "id": "63ce12e9-9656-404e-84f9-aa83d319a952",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 87,
          "x": 860,
          "y": 131
        },
        "id": "0a9cd503-751f-4ec9-a70e-aa1d0ef08043",
        "page_number": 2,
        "text": ".................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 11,
          "x": 957,
          "y": 126
        },
        "id": "05a7746c-405d-482c-a344-5420d69458cd",
        "page_number": 2,
        "text": "29"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 95,
          "x": 31,
          "y": 139
        },
        "id": "2b7c6ebb-5dff-49fb-b1ce-83d7625185ac",
        "page_number": 2,
        "text": "Financial Highlights"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 636,
          "x": 134,
          "y": 144
        },
        "id": "97a190d2-5054-46d5-836f-c8a6ef35a05b",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 173,
          "x": 774,
          "y": 144
        },
        "id": "1e2facd6-ad7b-4141-8062-330e46e75912",
        "page_number": 2,
        "text": "..................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 10,
          "x": 957,
          "y": 138
        },
        "id": "c039aec7-47dd-4240-808d-601325f6742e",
        "page_number": 2,
        "text": "31"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 146,
          "x": 31,
          "y": 151
        },
        "id": "1bae4c29-2020-4efe-ba2f-7e2408ab5d6f",
        "page_number": 2,
        "text": "Notes to Financial Statements"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 637,
          "x": 184,
          "y": 157
        },
        "id": "3d0cbeff-f422-4827-b7c7-b5273f5da5be",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 123,
          "x": 824,
          "y": 157
        },
        "id": "dad6a140-9e8b-4522-ab3c-3419b26fb11d",
        "page_number": 2,
        "text": "........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 957,
          "y": 151
        },
        "id": "70ba945f-dbc6-4999-a69c-00c07f087dec",
        "page_number": 2,
        "text": "33"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 280,
          "x": 31,
          "y": 164
        },
        "id": "e4a9d0c9-a3c6-48da-ae37-8b37a2b3de80",
        "page_number": 2,
        "text": "Report of Independent Registered Public Accounting Firm"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 627,
          "x": 320,
          "y": 170
        },
        "id": "fd0d8bee-8569-4e2d-9ada-96b30f75ee08",
        "page_number": 2,
        "text": "............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 10,
          "x": 957,
          "y": 164
        },
        "id": "ac5ede92-fbae-4b55-8d95-329e94e7d70b",
        "page_number": 2,
        "text": "41"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 124,
          "x": 31,
          "y": 177
        },
        "id": "8504e9a3-e32e-42ce-a19f-2f9484afb6c8",
        "page_number": 2,
        "text": "Important Tax Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 637,
          "x": 164,
          "y": 183
        },
        "id": "3504761d-3185-436d-9c63-3faad8337052",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 143,
          "x": 804,
          "y": 183
        },
        "id": "0c907a59-3053-47a4-b762-de9480786e59",
        "page_number": 2,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 957,
          "y": 177
        },
        "id": "51c959a9-b218-45d3-b2a7-9021a2b47c1e",
        "page_number": 2,
        "text": "42"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 106,
          "x": 30,
          "y": 190
        },
        "id": "14f5110f-cc8c-47cd-b661-058fcba9823f",
        "page_number": 2,
        "text": "Additional Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 636,
          "x": 144,
          "y": 196
        },
        "id": "416be083-25e1-410a-bbfc-091161a9baa4",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 163,
          "x": 784,
          "y": 196
        },
        "id": "b987e34c-883d-4ce9-a791-55f9f7f60c84",
        "page_number": 2,
        "text": "................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 957,
          "y": 190
        },
        "id": "35b4e6fb-a647-4a4b-9b6f-47a414d2881b",
        "page_number": 2,
        "text": "43"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 295,
          "x": 31,
          "y": 203
        },
        "id": "336d2971-786f-4bc0-8456-782b611ab576",
        "page_number": 2,
        "text": "Board Review and Approval of Investment Advisory Contract"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 612,
          "x": 335,
          "y": 209
        },
        "id": "df3e806e-2b54-49c2-968f-7767cc794456",
        "page_number": 2,
        "text": ".........................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 11,
          "x": 957,
          "y": 203
        },
        "id": "2bc06306-4906-4a06-ab2d-78ec676c5fb5",
        "page_number": 2,
        "text": "44"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 266,
          "x": 30,
          "y": 216
        },
        "id": "48d41874-3043-4405-bed3-ab45a0266d7b",
        "page_number": 2,
        "text": "Glossary of Terms Used in these Financial Statements"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 637,
          "x": 305,
          "y": 222
        },
        "id": "2c8d0be2-9ce4-4457-87ae-f096fa165edf",
        "page_number": 2,
        "text": "..............................................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 2,
          "x": 945,
          "y": 222
        },
        "id": "599f19b5-4348-4760-8f4b-d86ce8b0127d",
        "page_number": 2,
        "text": "."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 11,
          "x": 957,
          "y": 216
        },
        "id": "e95c0881-3a85-4900-9486-044f60b45d85",
        "page_number": 2,
        "text": "47"
      },
      {
        "block_type": "box",
        "box": {
          "height": 14,
          "width": 149,
          "x": 30,
          "y": 31
        },
        "id": "2e241d41-5e7e-42ab-baf0-92748e5a55be",
        "page_number": 2,
        "text": "Table of Contents"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 7,
          "x": 30,
          "y": 965
        },
        "id": "f8b4f957-1844-4849-b699-0bd59a70a8ae",
        "page_number": 2,
        "text": "2"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 138,
          "x": 757,
          "y": 969
        },
        "id": "41565734-3553-4cef-a4f1-5796e8ffb1a0",
        "page_number": 2,
        "text": "NM1026U-6054665-2/48"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 447,
          "x": 31,
          "y": 98
        },
        "id": "95dda5b7-a487-4ff2-9b82-c27272984c8d",
        "page_number": 3,
        "text": "Security Shares Value"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 108,
          "x": 30,
          "y": 117
        },
        "id": "1463cee8-ad5e-4415-8d7c-d8d6e695fb12",
        "page_number": 3,
        "text": "Common Stocks"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 155,
          "x": 30,
          "y": 140
        },
        "id": "2378d43f-598a-4d5e-b8ba-8d071bb5c8b7",
        "page_number": 3,
        "text": "Aerospace \u0026 Defense \u2014 1.6%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 51,
          "x": 30,
          "y": 152
        },
        "id": "2d97bcbc-ea08-4e17-98c8-3bc58702413a",
        "page_number": 3,
        "text": "AAR Corp."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 83,
          "y": 151
        },
        "id": "6ccd4696-d4f4-4356-a2d4-ff0d7019abe9",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 212,
          "x": 96,
          "y": 159
        },
        "id": "dbd707cf-2d81-4d3d-a19c-bc99e1e0dd66",
        "page_number": 3,
        "text": "..........................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 152
        },
        "id": "4ab6b737-a61d-4d78-b232-3d93e2c2c814",
        "page_number": 3,
        "text": "1,751 $ 226,387"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 96,
          "x": 30,
          "y": 166
        },
        "id": "6b1e26ff-2fff-49d3-828f-0b59f3bd540d",
        "page_number": 3,
        "text": "AeroVironment, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 10,
          "x": 127,
          "y": 164
        },
        "id": "802aca33-39fe-410e-885e-e0ffcf549808",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 167,
          "x": 141,
          "y": 172
        },
        "id": "fbb6aee4-6176-49ea-b76e-bfa079239639",
        "page_number": 3,
        "text": ".................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 165
        },
        "id": "65d1d0cc-782a-4827-bcbd-de293d9fc929",
        "page_number": 3,
        "text": "1,703 252,640"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 104,
          "x": 30,
          "y": 178
        },
        "id": "6adbe460-cae8-461d-9c98-5a72879271de",
        "page_number": 3,
        "text": "Aevex Corp., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 20,
          "x": 134,
          "y": 177
        },
        "id": "3f5f5826-8ddb-4b20-91f2-81f7ff43ece4",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 152,
          "x": 156,
          "y": 185
        },
        "id": "c2100e41-d343-4666-aea9-d3c8a0d26394",
        "page_number": 3,
        "text": "..............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 101,
          "x": 377,
          "y": 178
        },
        "id": "ac49cfb8-f004-49fe-b193-ed843a230d58",
        "page_number": 3,
        "text": "818 14,397"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 141,
          "x": 30,
          "y": 191
        },
        "id": "30559911-f0d1-4cb9-bdd3-12f41a17dc0a",
        "page_number": 3,
        "text": "Archer Aviation, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 172,
          "y": 190
        },
        "id": "ccbece97-f174-4aea-a306-5577c35a3ff5",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 112,
          "x": 197,
          "y": 198
        },
        "id": "c01b0dc2-caf4-40b4-aad3-aa05f2d327de",
        "page_number": 3,
        "text": "......................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 117,
          "x": 361,
          "y": 191
        },
        "id": "b1196183-0788-4408-8445-cd25fe3845e0",
        "page_number": 3,
        "text": "29,637 171,302"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 92,
          "x": 30,
          "y": 204
        },
        "id": "e875d3b4-63a5-4d5d-8323-ca606267f3d6",
        "page_number": 3,
        "text": "Arxis, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 122,
          "y": 203
        },
        "id": "bde58405-51cc-4e46-930e-c8be7a5c662f",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 172,
          "x": 136,
          "y": 210
        },
        "id": "86ec81d3-8742-4e54-a60c-d7b772858b58",
        "page_number": 3,
        "text": "..................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 111,
          "x": 367,
          "y": 204
        },
        "id": "a11cb259-371a-4c6b-959b-f6e44c844965",
        "page_number": 3,
        "text": "2,068 107,060"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 74,
          "x": 30,
          "y": 217
        },
        "id": "77a5f678-44ab-4241-885a-76e9ba80b6d4",
        "page_number": 3,
        "text": "Astronics Corp."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 106,
          "y": 216
        },
        "id": "d7c10f8e-543f-44c7-ba79-e9202940e0bc",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 187,
          "x": 121,
          "y": 223
        },
        "id": "52f0a70d-c185-470e-bf5e-2a34d91105f9",
        "page_number": 3,
        "text": "......................................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 217
        },
        "id": "c587ba13-78e6-4338-8742-02dfe754a9b6",
        "page_number": 3,
        "text": "1,261 92,898"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 156,
          "x": 31,
          "y": 230
        },
        "id": "41700b00-41d9-494a-bf94-eecde90b6559",
        "page_number": 3,
        "text": "Beta Technologies, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 9,
          "x": 188,
          "y": 228
        },
        "id": "4d1faa80-12de-4173-963a-ddeee724681a",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 106,
          "x": 202,
          "y": 236
        },
        "id": "c3f07fb5-995f-455a-a4de-3aca82bac67f",
        "page_number": 3,
        "text": "......................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 230
        },
        "id": "859f0c27-9ce5-401f-9359-35e49ea1b17f",
        "page_number": 3,
        "text": "1,586 31,879"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 99,
          "x": 30,
          "y": 243
        },
        "id": "0b4e2c8a-ad15-4840-b27f-e61a3b58e599",
        "page_number": 3,
        "text": "Cadre Holdings, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 177,
          "x": 131,
          "y": 249
        },
        "id": "e62b7db5-94d9-46dd-8d00-49ada2136ac0",
        "page_number": 3,
        "text": "...................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 243
        },
        "id": "2971db90-9f5a-4115-87f1-94ea9472c91b",
        "page_number": 3,
        "text": "1,234 36,600"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 78,
          "x": 31,
          "y": 256
        },
        "id": "1a44bd1c-ae47-4ff0-b477-280d25256842",
        "page_number": 3,
        "text": "Ducommun, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 10,
          "x": 110,
          "y": 254
        },
        "id": "28ad53c4-e177-4924-8b57-7fa5c8bddd49",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 182,
          "x": 126,
          "y": 262
        },
        "id": "e1bafdc5-5e11-4b8a-850e-c70190c1d09b",
        "page_number": 3,
        "text": "....................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 101,
          "x": 377,
          "y": 256
        },
        "id": "5b6003fe-5f25-4d8b-b01c-70a52c798f34",
        "page_number": 3,
        "text": "544 93,252"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 126,
          "x": 31,
          "y": 269
        },
        "id": "2ccd6377-1a62-40c4-ade7-32d3ff1e2404",
        "page_number": 3,
        "text": "Eve Holding, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 157,
          "y": 267
        },
        "id": "edaa6ad9-8491-4d14-bc1d-5b697be35bac",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 127,
          "x": 181,
          "y": 275
        },
        "id": "256680b9-7e94-4b92-b42c-ac973b93bb8a",
        "page_number": 3,
        "text": ".........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 111,
          "x": 367,
          "y": 269
        },
        "id": "c9bef7f5-e3c7-47bf-b6d6-c838d6defad3",
        "page_number": 3,
        "text": "4,136 9,306"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 107,
          "x": 31,
          "y": 281
        },
        "id": "b58e69e0-49c4-46ea-b1a4-be1679a639dc",
        "page_number": 3,
        "text": "Firefly Aerospace, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 139,
          "y": 280
        },
        "id": "c6481198-46ca-4714-afe0-cef487245dff",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 147,
          "x": 161,
          "y": 288
        },
        "id": "c1c4643e-65c5-4910-966e-dbb65cbfbe21",
        "page_number": 3,
        "text": ".............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 281
        },
        "id": "14c28e35-ab30-451c-ad18-5a71f03995e9",
        "page_number": 3,
        "text": "3,471 73,307"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 61,
          "x": 31,
          "y": 294
        },
        "id": "c8f955d6-070d-4d54-be9d-66817ed8e15e",
        "page_number": 3,
        "text": "Hexcel Corp."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 212,
          "x": 96,
          "y": 301
        },
        "id": "39600800-bfb4-49ad-b1a8-b842fda5b982",
        "page_number": 3,
        "text": "..........................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 294
        },
        "id": "9edba360-f749-4e49-a986-02d19596049b",
        "page_number": 3,
        "text": "3,295 305,348"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 161,
          "x": 31,
          "y": 307
        },
        "id": "7d41aec1-c118-456b-8fe5-62b0144ff9b7",
        "page_number": 3,
        "text": "Huntington Ingalls Industries, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 112,
          "x": 196,
          "y": 314
        },
        "id": "63e90780-3387-4863-9fd2-830db0ae491c",
        "page_number": 3,
        "text": "......................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 307
        },
        "id": "3f1e838c-93ab-4e03-9bd2-ea1b1efd804e",
        "page_number": 3,
        "text": "1,769 515,133"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 154,
          "x": 31,
          "y": 320
        },
        "id": "3e16e40b-1508-4cc2-8bea-fc3652da5a7e",
        "page_number": 3,
        "text": "Intuitive Machines, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 186,
          "y": 319
        },
        "id": "7962b2a5-10be-49b3-9716-979269874eef",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 96,
          "x": 212,
          "y": 326
        },
        "id": "2cc7fc20-33f0-4898-99d5-5e8f72e35d5b",
        "page_number": 3,
        "text": "...................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 320
        },
        "id": "b2cc4ba1-7944-44f2-b184-50f641e437b6",
        "page_number": 3,
        "text": "5,275 81,024"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 106,
          "x": 31,
          "y": 333
        },
        "id": "a3464ab1-bc7f-43a1-9928-ffa3c09fbeb6",
        "page_number": 3,
        "text": "Karman Holdings, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 139,
          "y": 332
        },
        "id": "dfc8720b-7941-43f4-ab85-a4b62afe26d8",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 157,
          "x": 151,
          "y": 339
        },
        "id": "721c01be-5efc-4da0-993c-9811b2a49e95",
        "page_number": 3,
        "text": "................................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 333
        },
        "id": "7403f06d-bf39-455b-850e-3bf3d6438728",
        "page_number": 3,
        "text": "5,590 231,705"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 199,
          "x": 31,
          "y": 346
        },
        "id": "d2a3fda1-b271-4ea8-8c92-6188a227df29",
        "page_number": 3,
        "text": "Kratos Defense \u0026 Security Solutions, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 9,
          "x": 232,
          "y": 344
        },
        "id": "cd6c90cb-dee0-4cfd-982f-239a32c598dc",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 62,
          "x": 247,
          "y": 352
        },
        "id": "d2e12f8d-7333-405c-a0e2-897867545a1e",
        "page_number": 3,
        "text": "............."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 111,
          "x": 367,
          "y": 346
        },
        "id": "4c42fd52-6266-43be-b138-f9d43f494c55",
        "page_number": 3,
        "text": "8,269 421,554"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 95,
          "x": 31,
          "y": 359
        },
        "id": "facf5381-2d1b-4029-a410-e1dab21c8703",
        "page_number": 3,
        "text": "Leonardo DRS, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 177,
          "x": 131,
          "y": 365
        },
        "id": "c38a334e-a929-4bd7-89b3-2bee1850d5ed",
        "page_number": 3,
        "text": "...................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 359
        },
        "id": "bb667a02-51ca-4548-8bf8-a251b36184c0",
        "page_number": 3,
        "text": "3,273 124,374"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 90,
          "x": 31,
          "y": 372
        },
        "id": "8d62868a-81a6-4016-a2f4-498501aed3d3",
        "page_number": 3,
        "text": "Loar Holdings, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 122,
          "y": 370
        },
        "id": "49cef5c7-88cf-4e84-93e1-9d78239e7934",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 162,
          "x": 146,
          "y": 378
        },
        "id": "d0bcf86c-6948-496a-b49a-56984bafddf5",
        "page_number": 3,
        "text": "................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 372
        },
        "id": "db32d280-4896-4849-9ec2-71c11907fdc8",
        "page_number": 3,
        "text": "1,786 125,359"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 107,
          "x": 31,
          "y": 385
        },
        "id": "b949448e-3b07-4bec-873f-6be5da6656d8",
        "page_number": 3,
        "text": "Mercury Systems, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 139,
          "y": 383
        },
        "id": "56e3154a-5436-405d-b079-2d9bf3653cae",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 157,
          "x": 151,
          "y": 391
        },
        "id": "2a6634c6-c7e4-472d-af6d-90fcf5098041",
        "page_number": 3,
        "text": "................................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 109,
          "x": 367,
          "y": 385
        },
        "id": "1bf70a03-6bb6-4af0-be06-0a863f6141b6",
        "page_number": 3,
        "text": "2,438 212,911"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 52,
          "x": 31,
          "y": 398
        },
        "id": "17fe076d-e0c9-473f-a633-d82d0531350e",
        "page_number": 3,
        "text": "Merlin, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 84,
          "y": 396
        },
        "id": "1d720772-7e1e-4aa4-9e7e-f7c3facdf952",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 212,
          "x": 96,
          "y": 404
        },
        "id": "beec5096-58fa-407a-989e-e29ba62a63d5",
        "page_number": 3,
        "text": "..........................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 110,
          "x": 368,
          "y": 398
        },
        "id": "27cd931a-8d6f-4868-a664-12af70da5190",
        "page_number": 3,
        "text": "1,235 3,742"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 94,
          "x": 31,
          "y": 410
        },
        "id": "991a2083-5cbc-4917-8275-30a356a9cdcc",
        "page_number": 3,
        "text": "Moog, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 182,
          "x": 126,
          "y": 417
        },
        "id": "18482cb3-a8ce-4a10-b994-5ee9378fdc95",
        "page_number": 3,
        "text": "....................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 108,
          "x": 368,
          "y": 410
        },
        "id": "fedfab6c-51ff-4912-ac6d-e8a42219c099",
        "page_number": 3,
        "text": "1,274 473,291"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 148,
          "x": 31,
          "y": 423
        },
        "id": "adbd2003-89b6-40c9-ad81-418b0be28999",
        "page_number": 3,
        "text": "National Presto Industries, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 127,
          "x": 181,
          "y": 430
        },
        "id": "01ad453d-67ed-4a46-9de7-aaa15fe9fdfa",
        "page_number": 3,
        "text": ".........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 101,
          "x": 377,
          "y": 423
        },
        "id": "5dee4adf-4381-4746-9c15-aaad8f53e54a",
        "page_number": 3,
        "text": "204 30,949"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 108,
          "x": 31,
          "y": 436
        },
        "id": "bba6f9c4-776e-4c9b-b70a-93de1b64a5fc",
        "page_number": 3,
        "text": "Red Cat Holdings, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 20,
          "x": 140,
          "y": 435
        },
        "id": "5ab1270f-ab58-44e3-b983-11db63c57a65",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 142,
          "x": 166,
          "y": 442
        },
        "id": "8bd9faab-2824-4291-8673-89c4cca802de",
        "page_number": 3,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 436
        },
        "id": "f9a4c465-3a37-4850-a56d-a370daa35731",
        "page_number": 3,
        "text": "5,433 46,669"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 68,
          "x": 31,
          "y": 449
        },
        "id": "df6d1b7c-49d5-439f-b927-0b0b9c80a371",
        "page_number": 3,
        "text": "Redwire Corp."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 19,
          "x": 101,
          "y": 448
        },
        "id": "cbd93d06-6088-4b98-8ec3-66c82eadc5a8",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 182,
          "x": 126,
          "y": 455
        },
        "id": "c2d41e1d-13f6-45cf-8365-d67536a91a21",
        "page_number": 3,
        "text": "....................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 111,
          "x": 367,
          "y": 449
        },
        "id": "06605317-34be-4ba0-b8f1-35fefc552a8b",
        "page_number": 3,
        "text": "8,707 93,165"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 115,
          "x": 30,
          "y": 462
        },
        "id": "d0446257-4dab-49ab-8c6b-3aa219bdf993",
        "page_number": 3,
        "text": "Satellogic, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 20,
          "x": 145,
          "y": 461
        },
        "id": "6cde3825-4d11-42db-b3eb-0ff8eb47fc4d",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 142,
          "x": 166,
          "y": 468
        },
        "id": "88042b1d-31c7-44ff-9d5e-15cd58edff8b",
        "page_number": 3,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 111,
          "x": 367,
          "y": 462
        },
        "id": "ce8cc6f3-4522-49b1-9bda-092fd8251add",
        "page_number": 3,
        "text": "4,369 21,277"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 91,
          "x": 30,
          "y": 475
        },
        "id": "c38cadfe-cc02-43d8-bb32-a2f56288beb6",
        "page_number": 3,
        "text": "StandardAero, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 122,
          "y": 473
        },
        "id": "9829d48e-62d0-488c-8cdd-df369caf2615",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 172,
          "x": 136,
          "y": 481
        },
        "id": "fca4f1f8-fa0e-429f-a021-fdc987d6339c",
        "page_number": 3,
        "text": "..................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 116,
          "x": 362,
          "y": 475
        },
        "id": "c6a0394b-6c6f-40b3-a0f4-c7149aba320a",
        "page_number": 3,
        "text": "10,276 251,659"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 44,
          "x": 30,
          "y": 488
        },
        "id": "96a13821-b765-4d0d-9b7d-929154c7ff32",
        "page_number": 3,
        "text": "V2X, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 75,
          "y": 486
        },
        "id": "5a35dc8c-9bd7-4287-9aa2-7a6428ca381d",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 217,
          "x": 91,
          "y": 494
        },
        "id": "1aee8ac5-818a-4373-8d59-33935c3bed46",
        "page_number": 3,
        "text": "............................................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 110,
          "x": 368,
          "y": 488
        },
        "id": "0c0d2a41-9a3d-4819-ab7b-492e6ccceb50",
        "page_number": 3,
        "text": "1,308 100,925"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 175,
          "x": 30,
          "y": 501
        },
        "id": "81b8697e-fa7e-4aed-b099-b6726c2d2a22",
        "page_number": 3,
        "text": "Voyager Technologies, Inc., Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 20,
          "x": 205,
          "y": 499
        },
        "id": "7b39ad95-6e95-43d7-b001-a3633936fdcc",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 81,
          "x": 227,
          "y": 507
        },
        "id": "f6158e77-d091-43be-9138-aa6cb4fabdd1",
        "page_number": 3,
        "text": "................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 111,
          "x": 367,
          "y": 501
        },
        "id": "ee3640fd-6dda-4f4a-b4a8-1ed925a85b59",
        "page_number": 3,
        "text": "2,374 79,838"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 51,
          "x": 30,
          "y": 513
        },
        "id": "a384fd86-15c5-4107-84fd-9e904e46100d",
        "page_number": 3,
        "text": "VSE Corp."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 222,
          "x": 86,
          "y": 520
        },
        "id": "da24a9e6-8cf9-4e6d-a79e-d2f40294373b",
        "page_number": 3,
        "text": "............................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 110,
          "x": 368,
          "y": 514
        },
        "id": "e1cb2aa2-fa50-47fc-8cfe-9f3e96b0aa8d",
        "page_number": 3,
        "text": "1,157 241,443"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 124,
          "x": 30,
          "y": 526
        },
        "id": "ba36001e-8438-44c0-b4ec-da0d0ff02402",
        "page_number": 3,
        "text": "York Space Systems, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 20,
          "x": 155,
          "y": 525
        },
        "id": "7cdddda2-716d-4634-9b0c-362e69a0cdd8",
        "page_number": 3,
        "text": "(a)(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 132,
          "x": 176,
          "y": 533
        },
        "id": "766c6128-32a8-461c-8b60-b850114a4dbd",
        "page_number": 3,
        "text": "..........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 101,
          "x": 377,
          "y": 526
        },
        "id": "31ea02ba-b045-4f7c-8887-80e941614eea",
        "page_number": 3,
        "text": "817 7,427"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 47,
          "x": 429,
          "y": 543
        },
        "id": "c6730492-cdf7-44f8-8edf-f7d43757aecd",
        "page_number": 3,
        "text": "4,476,821"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 159,
          "x": 30,
          "y": 558
        },
        "id": "367d0641-1e26-4e67-996c-b255573b54b6",
        "page_number": 3,
        "text": "Air Freight \u0026 Logistics \u2014 0.1%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 93,
          "x": 30,
          "y": 571
        },
        "id": "87657f28-9656-48f3-b260-6cc3331cd742",
        "page_number": 3,
        "text": "GXO Logistics, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 9,
          "x": 125,
          "y": 569
        },
        "id":...