Fund
|
Ticker
|
Listing
Exchange
|
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
JEMA |
Cboe
BZX Exchange, Inc. |
JPMorgan
ActiveBuilders International Equity ETF |
JIDA |
NYSE
Arca |
JPMorgan
BetaBuilders Canada ETF |
BBCA |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF
(formerly
known as JPMorgan BetaBuilders Developed Asia
ex-Japan
ETF) |
BBAX |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders Europe ETF |
BBEU |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders International Equity ETF |
BBIN |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders Japan ETF |
BBJP |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders U.S. Equity ETF |
BBUS |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
BBMC |
NYSE
Arca |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
BBSC |
NYSE
Arca |
JPMorgan
Carbon Transition U.S. Equity ETF |
JCTR |
NYSE
Arca |
JPMorgan
Climate Change Solutions ETF |
TEMP |
NYSE
Arca |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
JPEM |
NYSE
Arca |
JPMorgan
Diversified Return International Equity ETF |
JPIN |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Equity ETF |
JPUS |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
JPME |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
JPSE |
NYSE
Arca |
JPMorgan
International Growth ETF |
JIG |
NYSE
Arca |
JPMorgan
U.S. Momentum Factor ETF |
JMOM |
NYSE
Arca |
JPMorgan
U.S. Quality Factor ETF |
JQUA |
NYSE
Arca |
JPMorgan
U.S. Value Factor ETF |
JVAL |
NYSE
Arca |
|
|
1 | |
2 | |
| |
3 | |
6 | |
9 | |
12 | |
15 | |
18 | |
21 | |
24 | |
27 | |
30 | |
33 | |
36 | |
39 | |
42 | |
45 | |
48 | |
51 | |
54 | |
57 | |
60 | |
63 | |
66 | |
216 | |
240 | |
250 | |
289 | |
291 | |
295 | |
297 | |
299 | |
304 |
|
“While
investors seek to adapt to the
current
market environment, we
believe
a well-diversified portfolio
and
a patient outlook remain crucial
components
of a successful invest-
ment
approach.”
—
Brian S. Shlissel
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
1
|
2
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(34.15)% |
Market
Price **
|
(34.32)% |
MSCI
Emerging Markets Index (net total return) |
(31.03)% |
Net
Assets as of 10/31/2022 |
$907,154,126 |
Fund
Ticker |
JEMA |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
3
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Taiwan
Semiconductor Manufacturing Co.
Ltd.
(Taiwan) |
4.6% |
2. |
Samsung
Electronics Co. Ltd. (South
Korea) |
3.5
|
3. |
Tencent
Holdings Ltd. (China) |
2.1
|
4. |
Infosys
Ltd. (India) |
2.0
|
5. |
Housing
Development Finance Corp. Ltd.
(India) |
1.8
|
6. |
Wal-Mart
de Mexico SAB de CV (Mexico) |
1.6
|
7. |
Alibaba
Group Holding Ltd. (China) |
1.4
|
8. |
HDFC
Bank Ltd., ADR (India) |
1.3
|
9. |
Grupo
Financiero Banorte SAB de CV,
Class
O (Mexico) |
1.2
|
10. |
SK
Hynix, Inc. (South Korea) |
1.0
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
China |
25.8% |
Taiwan |
14.7
|
India |
14.3
|
South
Korea |
11.9
|
Brazil |
7.5
|
Mexico |
5.1
|
South
Africa |
4.1
|
Saudi
Arabia |
3.1
|
Indonesia |
2.8
|
Thailand |
1.8
|
Hong
Kong |
1.5
|
United
States |
1.4
|
United
Arab Emirates |
1.1
|
Others
(each less than 1.0%) |
4.5
|
Short-Term
Investments |
0.4 |
4
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
|
||
Net
Asset Value |
March 10,
2021 |
(34.15)% |
(22.52)% |
Market
Price |
|
(34.32) |
(22.40) |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
5
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(22.91)% |
Market
Price ** |
(23.23)% |
MSCI
EAFE Index (net total return) |
(23.00)% |
Net
Assets as of 10/31/2022 |
$22,426,876 |
Fund
Ticker |
JIDA |
6
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Nestle
SA (Registered) |
3.2% |
2. |
Roche
Holding AG |
2.8
|
3. |
Novo
Nordisk A/S, Class B (Denmark) |
2.3
|
4. |
Shell
plc (Netherlands) |
2.2
|
5. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
2.1
|
6. |
TotalEnergies
SE (France) |
2.1
|
7. |
ASML
Holding NV (Netherlands) |
2.0
|
8. |
BHP
Group Ltd. (Australia) |
1.7
|
9. |
Diageo
plc (United Kingdom) |
1.6
|
10. |
Novartis
AG (Registered) (Switzerland) |
1.6
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Japan |
19.1
% |
United
Kingdom |
12.5
|
France |
12.1
|
United
States |
8.6
|
Germany |
8.2
|
Netherlands |
7.3
|
Australia |
6.2
|
Switzerland |
5.2
|
Denmark |
4.4
|
Sweden |
2.2
|
Spain |
1.9
|
Hong
Kong |
1.6
|
Singapore |
1.5
|
Italy |
1.1
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Finland |
1.1%
|
Others
(each less than 1.0%) |
5.6
|
Short-Term
Investments |
1.4 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
7
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
ActiveBuilders International Equity ETF |
|
||
Net
Asset Value |
July 7,
2021 |
(22.91)% |
(16.59)% |
Market
Price |
|
(23.23) |
(16.62) |
8
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(13.34)% |
Market
Price **
|
(13.49)% |
Morningstar®
Canada Target Market Exposure IndexSM
(net total return) |
(13.40)% |
Net
Assets as of 10/31/2022 |
$5,644,273,295 |
Fund
Ticker |
BBCA |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Royal
Bank of Canada (Canada) |
6.9% |
2. |
Toronto-Dominion
Bank (The) (Canada) |
6.2
|
3. |
Enbridge,
Inc. (Canada) |
4.2
|
4. |
Canadian
National Railway Co. (Canada) |
3.9
|
5. |
Canadian
Pacific Railway Ltd. (Canada) |
3.7
|
6. |
Canadian
Natural Resources Ltd. (Canada) |
3.6
|
7. |
Bank
of Montreal (Canada) |
3.3
|
8. |
Bank
of Nova Scotia (The) (Canada) |
3.1
|
9. |
Brookfield
Asset Management, Inc., Class A
(Canada) |
3.0
|
10. |
Suncor
Energy, Inc. (Canada) |
2.5
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
32.9% |
Energy |
18.0 |
Industrials |
13.1 |
Materials |
9.5 |
Information
Technology |
5.1 |
Consumer
Staples |
4.1 |
Consumer
Discretionary |
3.3 |
Utilities |
3.1 |
Communication
Services |
2.8 |
Others
(each less than 1.0%) |
0.7 |
Short-Term
Investments |
7.4 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
9
|
10
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Canada ETF |
|
||
Net
Asset Value |
August 7,
2018 |
(13.34)% |
6.18% |
Market
Price |
|
(13.49) |
6.20 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
11
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(19.60)% |
Market
Price **
|
(19.87)% |
Morningstar®
Developed Asia Pacific ex-Japan Target Market Exposure IndexSM
(net total return) |
(19.32)% |
Net
Assets as of 10/31/2022 |
$3,412,010,904 |
Fund
Ticker |
BBAX |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
BHP
Group Ltd. (Australia) |
7.6% |
2. |
Commonwealth
Bank of Australia
(Australia) |
7.2
|
3. |
AIA
Group Ltd. (Hong Kong) |
5.7
|
4. |
CSL
Ltd. |
5.4
|
5. |
National
Australia Bank Ltd. (Australia) |
4.1
|
6. |
Westpac
Banking Corp. (Australia) |
3.4
|
7. |
Australia
& New Zealand Banking Group
Ltd.
(Australia) |
3.1
|
8. |
DBS
Group Holdings Ltd. (Singapore) |
2.8
|
9. |
Woodside
Energy Group Ltd. (Australia) |
2.8
|
10. |
Macquarie
Group Ltd. (Australia) |
2.5
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Australia |
59.3
% |
Hong
Kong |
17.0
|
Singapore |
11.3
|
United
States |
6.6
|
China |
2.3
|
New
Zealand |
1.9
|
Others
(each less than 1.0%) |
1.6
|
Short-Term
Investments |
0.0**** |
12
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
**** |
Amount
rounds to less than
0.1%. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
13
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as
JPMorgan
BetaBuilders
Developed Asia ex-Japan ETF) |
|
||
Net
Asset Value |
August 7,
2018 |
(19.60)% |
0.38% |
Market
Price |
|
(19.87) |
0.39 |
14
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(23.01)% |
Market
Price **
|
(23.22)% |
Morningstar®
Developed Europe Target Market Exposure IndexSM
(net total return) |
(23.13)% |
Net
Assets as of 10/31/2022 |
$3,527,687,759 |
Fund
Ticker |
BBEU |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Nestle
SA (Registered) |
3.5% |
2. |
Roche
Holding AG |
2.7
|
3. |
Shell
plc (Netherlands) |
2.5
|
4. |
Novartis
AG (Registered) (Switzerland) |
2.3
|
5. |
ASML
Holding NV (Netherlands) |
2.2
|
6. |
AstraZeneca
plc (United Kingdom) |
2.1
|
7. |
Novo
Nordisk A/S, Class B (Denmark) |
2.1
|
8. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
1.9
|
9. |
TotalEnergies
SE (France) |
1.6
|
10. |
Unilever
plc (United Kingdom) |
1.4
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
United
Kingdom |
18.8
% |
France |
15.9
|
Germany |
11.3
|
United
States |
9.0
|
Switzerland |
8.8
|
Netherlands |
8.2
|
Sweden |
5.2
|
Denmark |
4.1
|
Spain |
3.8
|
Italy |
3.3
|
Finland |
2.1
|
Australia |
1.7
|
Belgium |
1.5
|
Norway |
1.3
|
Others
(each less than 1.0%) |
3.9
|
Short-Term
Investments |
1.1 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
15
|
16
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Europe ETF |
|
||
Net
Asset Value |
June 15,
2018 |
(23.01)% |
0.21% |
Market
Price |
|
(23.22) |
0.22 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
17
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(23.02)% |
Market
Price **
|
(23.11)% |
Morningstar®
Developed Markets ex-North America Target Market Exposure
IndexSM
(net total return) |
(22.95)% |
Net
Assets as of 10/31/2022 |
$2,710,097,518 |
Fund
Ticker |
BBIN |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Nestle
SA (Registered) |
2.2% |
2. |
Roche
Holding AG |
1.7
|
3. |
Shell
plc (Netherlands) |
1.6
|
4. |
Novartis
AG (Registered) (Switzerland) |
1.4
|
5. |
ASML
Holding NV (Netherlands) |
1.4
|
6. |
AstraZeneca
plc (United Kingdom) |
1.3
|
7. |
Novo
Nordisk A/S, Class B (Denmark) |
1.3
|
8. |
Toyota
Motor Corp. (Japan) |
1.3
|
9. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
1.2
|
10. |
TotalEnergies
SE (France) |
1.0
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Japan |
23.7
% |
United
Kingdom |
12.1
|
France |
10.1
|
Australia |
8.0
|
Germany |
7.2
|
United
States |
6.5
|
Switzerland |
5.6
|
Netherlands |
5.2
|
Sweden |
3.3
|
Denmark |
2.6
|
Spain |
2.4
|
Hong
Kong |
2.2
|
Italy |
2.1
|
Singapore |
1.5
|
Finland |
1.3
|
Others
(each less than 1.0%) |
5.1
|
Short-Term
Investments |
1.1 |
18
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
19
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders International Equity ETF |
|
||
Net
Asset Value |
December 3,
2019 |
(23.02)% |
(1.15)% |
Market
Price |
|
(23.11) |
(1.13) |
20
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(24.96)% |
Market
Price **
|
(24.95)% |
Morningstar®
Japan Target Market Exposure IndexSM
(net total return) |
(24.66)% |
Net
Assets as of 10/31/2022 |
$6,211,237,563 |
Fund
Ticker |
BBJP |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Toyota
Motor Corp. (Japan) |
5.4% |
2. |
Sony
Group Corp. (Japan) |
2.6
|
3. |
Keyence
Corp. (Japan) |
2.3
|
4. |
Daiichi
Sankyo Co. Ltd. (Japan) |
1.9
|
5. |
Mitsubishi
UFJ Financial Group, Inc.
(Japan) |
1.9
|
6. |
Recruit
Holdings Co. Ltd. (Japan) |
1.6
|
7. |
SoftBank
Group Corp. (Japan) |
1.6
|
8. |
Nintendo
Co. Ltd. (Japan) |
1.5
|
9. |
KDDI
Corp. (Japan) |
1.4
|
10. |
Hitachi
Ltd. (Japan) |
1.4
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Industrials |
22.8% |
Consumer
Discretionary |
18.9 |
Information
Technology |
12.5 |
Health
Care |
10.4 |
Financials |
10.0 |
Communication
Services |
7.9 |
Consumer
Staples |
6.8 |
Materials |
4.7 |
Real
Estate |
4.0 |
Others
(each less than 1.0%) |
1.7 |
Short-Term
Investments |
0.3 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
21
|
22
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Japan ETF |
|
||
Net
Asset Value |
June 15,
2018 |
(24.96)% |
(2.35)% |
Market
Price |
|
(24.95) |
(2.33) |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
23
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(16.42)% |
Market
Price **
|
(16.33)% |
Morningstar®
US Target Market Exposure IndexSM |
(16.42)% |
Net
Assets as of 10/31/2022 |
$1,276,523,608 |
Fund
Ticker |
BBUS |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Apple,
Inc. |
6.8% |
2. |
Microsoft
Corp. |
5.0
|
3. |
Amazon.com,
Inc. |
2.6
|
4. |
Tesla,
Inc. |
1.8
|
5. |
Alphabet,
Inc., Class A |
1.7
|
6. |
Berkshire
Hathaway, Inc., Class B |
1.6
|
7. |
UnitedHealth
Group, Inc. |
1.5
|
8. |
Alphabet,
Inc., Class C |
1.5
|
9. |
Exxon
Mobil Corp. |
1.4
|
10. |
Johnson
& Johnson |
1.3
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Information
Technology |
26.4% |
Health
Care |
15.1 |
Financials |
11.5 |
Consumer
Discretionary |
10.8 |
Industrials |
8.0 |
Communication
Services |
7.3 |
Consumer
Staples |
6.6 |
Energy |
5.2 |
Utilities |
2.9 |
Real
Estate |
2.7 |
Materials |
2.5 |
Short-Term
Investments |
1.0 |
24
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
25
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Equity ETF |
|
||
Net
Asset Value |
March 12,
2019 |
(16.42)% |
10.96% |
Market
Price |
|
(16.33) |
10.98 |
26
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(19.87)% |
Market
Price **
|
(20.10)% |
Morningstar®
US Mid Cap Target Market Exposure Extended IndexSM |
(19.90)% |
Net
Assets as of 10/31/2022 |
$1,390,564,346 |
Fund
Ticker |
BBMC |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
LPL
Financial Holdings, Inc. |
0.7% |
2. |
EQT
Corp. |
0.5
|
3. |
APA
Corp. |
0.5
|
4. |
First
Solar, Inc. |
0.5
|
5. |
Booz
Allen Hamilton Holding Corp. |
0.5
|
6. |
First
Horizon Corp. |
0.5
|
7. |
Ovintiv,
Inc. |
0.4
|
8. |
Gaming
and Leisure Properties, Inc. |
0.4
|
9. |
Darling
Ingredients, Inc. |
0.4
|
10. |
Carlisle
Cos., Inc. |
0.4
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Industrials |
18.1% |
Financials |
14.6 |
Information
Technology |
12.5 |
Consumer
Discretionary |
12.5 |
Health
Care |
11.1 |
Real
Estate |
8.6 |
Materials |
5.5 |
Energy |
5.5 |
Consumer
Staples |
3.5 |
Utilities |
2.6 |
Communication
Services |
2.3 |
Short-Term
Investments |
3.2 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
27
|
28
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
|
||
Net
Asset Value |
April 14,
2020 |
(19.87)% |
17.14% |
Market
Price |
|
(20.10) |
17.05 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
29
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(17.87)% |
Market
Price **
|
(18.39)% |
Morningstar®
US Small Cap Target Market Exposure Extended IndexSM |
(17.94)% |
Net
Assets as of 10/31/2022 |
$494,762,260 |
Fund
Ticker |
BBSC |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Toast,
Inc., Class A |
0.5% |
2. |
Chord
Energy Corp. |
0.5
|
3. |
Karuna
Therapeutics, Inc. |
0.4
|
4. |
Livent
Corp. |
0.4
|
5. |
Applied
Industrial Technologies, Inc. |
0.4
|
6. |
PBF
Energy, Inc., Class A |
0.4
|
7. |
Denbury,
Inc. |
0.3
|
8. |
Comfort
Systems USA, Inc. |
0.3
|
9. |
Magnolia
Oil & Gas Corp., Class A |
0.3
|
10. |
Fluor
Corp. |
0.3
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
17.5% |
Industrials |
16.3 |
Health
Care |
14.1 |
Information
Technology |
13.0 |
Consumer
Discretionary |
10.1 |
Energy |
6.9 |
Real
Estate |
5.1 |
Materials |
4.5 |
Consumer
Staples |
3.9 |
Communication
Services |
2.5 |
Utilities |
2.2 |
Short-Term
Investments |
3.9 |
30
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
31
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
|
||
Net
Asset Value |
November 16,
2020 |
(17.87)% |
4.44% |
Market
Price |
|
(18.39) |
4.16 |
32
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(14.79)% |
Market
Price **
|
(14.79)% |
JPMorgan
Asset Management Carbon Transition U.S. Equity Index |
(14.67)% |
Russell
1000 Index |
(16.38)% |
Net
Assets as of 10/31/2022 |
$20,947,681 |
Fund
Ticker |
JCTR |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Apple,
Inc. |
6.7% |
2. |
Microsoft
Corp. |
5.0
|
3. |
Alphabet,
Inc., Class A |
3.2
|
4. |
Amazon.com,
Inc. |
2.5
|
5. |
Tesla,
Inc. |
1.9
|
6. |
UnitedHealth
Group, Inc. |
1.8
|
7. |
Exxon
Mobil Corp. |
1.6
|
8. |
Johnson
& Johnson |
1.6
|
9. |
Visa,
Inc., Class A |
1.3
|
10. |
Chevron
Corp. |
1.3
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Information
Technology |
28.4% |
Health
Care |
15.7 |
Financials |
11.7 |
Consumer
Discretionary |
10.4 |
Communication
Services |
7.1 |
Industrials |
6.9 |
Consumer
Staples |
6.1 |
Energy |
5.3 |
Real
Estate |
3.1 |
Utilities |
2.6 |
Materials |
2.5 |
Short-Term
Investments |
0.2 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
33
|
34
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
Carbon Transition U.S. Equity ETF |
|
||
Net
Asset Value |
December 9,
2020 |
(14.79)% |
4.55% |
Market
Price |
|
(14.79) |
4.57 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
35
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(25.87)% |
Market
Price **
|
(25.56)% |
MSCI
ACWI Index (net total return) |
(21.14)% |
Net
Assets as of 10/31/2022 |
$19,560,686 |
Fund
Ticker |
TEMP |
36
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Deere
& Co. |
4.7% |
2. |
Trane
Technologies plc |
3.9
|
3. |
Xylem,
Inc. |
3.9
|
4. |
NextEra
Energy, Inc. |
3.8
|
5. |
Autodesk,
Inc. |
3.5
|
6. |
Schneider
Electric SE |
3.5
|
7. |
AGCO
Corp. |
3.3
|
8. |
Carrier
Global Corp. |
3.3
|
9. |
Keyence
Corp. (Japan) |
3.1
|
10. |
Enphase
Energy, Inc. |
3.0
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
United
States |
44.2
% |
United
Kingdom |
7.2
|
France |
6.8
|
Germany |
6.4
|
Japan |
6.1
|
Switzerland |
5.6
|
Spain |
5.3
|
Finland |
2.9
|
South
Korea |
2.9
|
Netherlands |
2.6
|
Italy |
2.0
|
Canada |
1.9
|
China |
1.9
|
Sweden |
1.6
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Ireland |
1.2%
|
Others
(each less than 1.0%) |
1.4
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
37
|
|
INCEPTION
DATE |
CUMULATIVE
SINCE
INCEPTION |
JPMorgan
Climate Change Solutions ETF |
||
Net
Asset Value |
December 13,
2021 |
(25.87)% |
Market
Price |
|
(25.56) |
38
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(15.61)% |
Market
Price **
|
(15.20)% |
JP
Morgan Diversified Factor Emerging Markets Equity Index (net total
return) |
(15.62)% |
FTSE
Emerging Index (net total return) |
(28.39)% |
Net
Assets as of 10/31/2022 |
$163,926,226 |
Fund
Ticker |
JPEM |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
39
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Infosys
Ltd. (India) |
1.9% |
2. |
Vale
SA (Brazil) |
1.4
|
3. |
Reliance
Industries Ltd. (India) |
1.1
|
4. |
Hindustan
Unilever Ltd. (India) |
1.1
|
5. |
Taiwan
Semiconductor Manufacturing Co.
Ltd.
(Taiwan) |
1.1
|
6. |
Petroleo
Brasileiro SA (Preference)
(Brazil) |
1.1
|
7. |
Grupo
Financiero Banorte SAB de CV,
Class
O (Mexico) |
1.0
|
8. |
Tata
Consultancy Services Ltd. (India) |
0.9
|
9. |
Emirates
Telecommunications Group Co.
PJSC
(United Arab Emirates) |
0.9
|
10. |
National
Bank of Kuwait SAKP (Kuwait) |
0.9
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
China |
22.1
% |
India |
11.8
|
Brazil |
10.0
|
Taiwan |
10.0
|
Mexico |
7.2
|
Turkey |
6.7
|
Saudi
Arabia |
6.4
|
South
Africa |
5.5
|
Indonesia |
3.7
|
United
Arab Emirates |
3.1
|
Thailand |
2.3
|
Kuwait |
2.3
|
Qatar |
2.3
|
Malaysia |
2.1
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Chile |
1.2%
|
Greece |
1.0
|
Others
(each less than 1.0%) |
2.2
|
Short-Term
Investments |
0.1 |
40
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
|
|||
Net
Asset Value |
January 7,
2015 |
(15.61)% |
(0.53)% |
1.96% |
Market
Price |
|
(15.20) |
(0.48) |
2.04 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
41
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(23.21)% |
Market
Price **
|
(23.15)% |
JP
Morgan Diversified Factor International Equity Index (net total
return) |
(22.92)% |
FTSE
Developed ex North America Index (net total return) |
(23.81)% |
Net
Assets as of 10/31/2022 |
$671,062,140 |
Fund
Ticker |
JPIN |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Shell
plc (Netherlands) |
0.5% |
2. |
Imperial
Brands plc (United Kingdom) |
0.5
|
3. |
KT&G
Corp. (South Korea) |
0.5
|
4. |
Pearson
plc (United Kingdom) |
0.5
|
5. |
Glencore
plc (Australia) |
0.5
|
6. |
BAE
Systems plc (United Kingdom) |
0.5
|
7. |
Novo
Nordisk A/S, Class B (Denmark) |
0.4
|
8. |
British
American Tobacco plc (United
Kingdom) |
0.4
|
9. |
AstraZeneca
plc (United Kingdom) |
0.4
|
10. |
NN
Group NV (Netherlands) |
0.4
|
42
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Japan |
30.0% |
United
Kingdom |
16.0
|
Australia |
10.7
|
South
Korea |
6.7
|
France |
4.2
|
Sweden |
3.5
|
Netherlands |
3.4
|
Hong
Kong |
2.9
|
Singapore |
2.9
|
Germany |
2.5
|
Spain |
2.1
|
Italy |
2.1
|
United
States |
1.8
|
Finland |
1.6
|
Switzerland |
1.6
|
China |
1.4
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Norway |
1.2%
|
Others
(each less than 1.0%) |
4.7
|
Short-Term
Investments |
0.7 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
43
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return International Equity ETF |
|
|||
Net
Asset Value |
November 5,
2014 |
(23.21)% |
(2.06)% |
1.33% |
Market
Price |
|
(23.15) |
(2.08) |
1.35 |
44
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(5.36)% |
Market
Price **
|
(5.28)% |
JP
Morgan Diversified Factor US Equity Index |
(5.25)% |
Russell
1000 Index |
(16.38)% |
Net
Assets as of 10/31/2022 |
$507,282,453 |
Fund
Ticker |
JPUS |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Prologis,
Inc. |
0.5% |
2. |
Eli
Lilly & Co. |
0.5
|
3. |
Steel
Dynamics, Inc. |
0.5
|
4. |
Marathon
Oil Corp. |
0.5
|
5. |
Lockheed
Martin Corp. |
0.5
|
6. |
Bristol-Myers
Squibb Co. |
0.5
|
7. |
Cigna
Corp. |
0.5
|
8. |
Elevance
Health, Inc. |
0.5
|
9. |
Vertex
Pharmaceuticals, Inc. |
0.5
|
10. |
Archer-Daniels-Midland
Co. |
0.4
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Consumer
Staples |
14.9% |
Health
Care |
12.4 |
Utilities |
11.2 |
Industrials |
9.8 |
Financials |
8.7 |
Technology |
8.6 |
Real
Estate |
7.8 |
Basic
Materials |
7.8 |
Consumer
Discretionary |
7.7 |
Energy |
5.5 |
Telecommunications |
5.3 |
Short-Term
Investments |
0.3 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
45
|
46
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Equity ETF |
|
|||
Net
Asset Value |
September 29,
2015 |
(5.36)% |
8.90% |
11.22% |
Market
Price |
|
(5.28) |
8.92 |
11.24 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
47
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(7.79)% |
Market
Price **
|
(7.90)% |
JP
Morgan Diversified Factor US Mid Cap Equity Index |
(7.63)% |
Russell
Midcap Index |
(17.17)% |
Net
Assets as of 10/31/2022 |
$267,520,530 |
Fund
Ticker |
JPME |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Marathon
Oil Corp. |
0.5% |
2. |
Principal
Financial Group, Inc. |
0.5
|
3. |
Steel
Dynamics, Inc. |
0.5
|
4. |
Quest
Diagnostics, Inc. |
0.5
|
5. |
Ubiquiti,
Inc. |
0.5
|
6. |
LPL
Financial Holdings, Inc. |
0.5
|
7. |
Devon
Energy Corp. |
0.5
|
8. |
Diamondback
Energy, Inc. |
0.4
|
9. |
J
M Smucker Co. (The) |
0.4
|
10. |
NRG
Energy, Inc. |
0.4
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Health
Care |
12.4% |
Industrials |
11.7 |
Financials |
10.1 |
Utilities |
10.0 |
Technology |
9.7 |
Consumer
Staples |
9.4 |
Basic
Materials |
9.2 |
Real
Estate |
8.8 |
Consumer
Discretionary |
8.4 |
Energy |
6.3 |
Telecommunications |
3.8 |
Short-Term
Investments |
0.2 |
48
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
49
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
|
|||
Net
Asset Value |
May 11,
2016 |
(7.79)% |
8.09% |
9.95% |
Market
Price |
|
(7.90) |
8.07 |
9.94 |
50
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(10.59)% |
Market
Price **
|
(10.49)% |
JP
Morgan Diversified Factor US Small Cap Equity Index |
(10.44)% |
Russell
2000 Index |
(18.54)% |
Net
Assets as of 10/31/2022 |
$286,932,997 |
Fund
Ticker |
JPSE |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Prothena
Corp. plc (Ireland) |
0.4% |
2. |
Globalstar,
Inc. |
0.4
|
3. |
Harmonic,
Inc. |
0.4
|
4. |
Medpace
Holdings, Inc. |
0.4
|
5. |
Extreme
Networks, Inc. |
0.4
|
6. |
Calix,
Inc. |
0.4
|
7. |
Comfort
Systems USA, Inc. |
0.3
|
8. |
Applied
Industrial Technologies, Inc. |
0.3
|
9. |
Old
National Bancorp |
0.3
|
10. |
Rambus,
Inc. |
0.3
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
10.9% |
Industrials |
10.4 |
Technology |
9.9 |
Health
Care |
9.4 |
Consumer
Staples |
9.3 |
Basic
Materials |
8.9 |
Real
Estate |
8.8 |
Consumer
Discretionary |
7.4 |
Energy |
6.9 |
Utilities |
5.8 |
Telecommunications |
5.0 |
Short-Term
Investments |
7.3 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
51
|
52
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
|
|||
Net
Asset Value |
November 15,
2016 |
(10.59)% |
8.07% |
9.41% |
Market
Price |
|
(10.49) |
8.07 |
9.45 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
53
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(38.72)% |
Market
Price **
|
(38.97)% |
MSCI
ACWI ex USA Growth Index (net total return) |
(30.99)% |
Net
Assets as of 10/31/2022 |
$54,982,105 |
Fund
Ticker |
JIG |
54
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Nestle
SA (Registered) |
5.0% |
2. |
Roche
Holding AG |
3.9
|
3. |
Taiwan
Semiconductor Manufacturing Co.
Ltd.,
ADR (Taiwan) |
3.8
|
4. |
Novo
Nordisk A/S, Class B (Denmark) |
3.4
|
5. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
3.3
|
6. |
ASML
Holding NV (Netherlands) |
3.1
|
7. |
Canadian
National Railway Co. (Canada) |
3.0
|
8. |
Diageo
plc (United Kingdom) |
2.9
|
9. |
RELX
plc (United Kingdom) |
2.7
|
10. |
Keyence
Corp. (Japan) |
2.6
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
United
Kingdom |
13.0% |
Japan |
11.5
|
United
States |
11.0
|
Netherlands |
7.1
|
Canada |
6.2
|
Denmark |
5.9
|
Germany |
5.4
|
France |
5.3
|
China |
4.5
|
Taiwan |
3.9
|
Hong
Kong |
3.6
|
Sweden |
3.5
|
Indonesia |
2.7
|
Switzerland |
2.1
|
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Singapore |
1.7%
|
Australia |
1.6
|
Mexico |
1.4
|
India |
1.3
|
Brazil |
1.0
|
South
Africa |
1.0
|
South
Korea |
0.5
|
Short-Term
Investments |
5.8 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
55
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
International Growth ETF |
|
||
Net
Asset Value |
May 20,
2020 |
(38.72)% |
(2.68)% |
Market
Price |
|
(38.97) |
(2.69) |
56
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(18.97)% |
Market
Price **
|
(18.86)% |
JP
Morgan US Momentum Factor Index |
(18.90)% |
Russell
1000 Growth Index |
(24.60)% |
Russell
1000 Index |
(16.38)% |
Net
Assets as of 10/31/2022 |
$229,323,118 |
Fund
Ticker |
JMOM |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Apple,
Inc. |
2.0% |
2. |
Microsoft
Corp. |
1.8
|
3. |
UnitedHealth
Group, Inc. |
1.8
|
4. |
Eli
Lilly & Co. |
1.7
|
5. |
Tesla,
Inc. |
1.7
|
6. |
Home
Depot, Inc. (The) |
1.6
|
7. |
Alphabet,
Inc., Class A |
1.5
|
8. |
NVIDIA
Corp. |
1.5
|
9. |
Berkshire
Hathaway, Inc., Class B |
1.5
|
10. |
AbbVie,
Inc. |
1.4
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
24.9% |
Consumer
Discretionary |
14.8 |
Health
Care |
13.8 |
Industrials |
13.0 |
Financials |
11.1 |
Consumer
Staples |
5.9 |
Energy |
5.3 |
Utilities |
3.1 |
Real
Estate |
3.0 |
Telecommunications |
2.6 |
Basic
Materials |
1.9 |
Short-Term
Investments |
0.6 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
57
|
58
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Momentum Factor ETF |
|
||
Net
Asset Value |
November 8,
2017 |
(18.97)% |
10.09% |
Market
Price |
|
(18.86) |
10.10 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
59
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(10.84)% |
Market
Price **
|
(10.85)% |
JP
Morgan US Quality Factor Index |
(10.76)% |
Russell
1000 Index |
(16.38)% |
Net
Assets as of 10/31/2022 |
$579,728,107 |
Fund
Ticker |
JQUA |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Apple,
Inc. |
1.9% |
2. |
Visa,
Inc., Class A |
1.8
|
3. |
Berkshire
Hathaway, Inc., Class B |
1.8
|
4. |
Johnson
& Johnson |
1.8
|
5. |
Microsoft
Corp. |
1.7
|
6. |
Exxon
Mobil Corp. |
1.7
|
7. |
Alphabet,
Inc., Class A |
1.7
|
8. |
Procter
& Gamble Co. (The) |
1.7
|
9. |
Mastercard,
Inc., Class A |
1.5
|
10. |
Home
Depot, Inc. (The) |
1.5
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
23.8% |
Consumer
Discretionary |
14.6 |
Health
Care |
13.8 |
Industrials |
12.7 |
Financials |
10.4 |
Consumer
Staples |
5.6 |
Energy |
5.3 |
Real
Estate |
3.0 |
Utilities |
3.0 |
Telecommunications |
2.4 |
Basic
Materials |
1.9 |
Short-Term
Investments |
3.5 |
60
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
61
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Quality Factor ETF |
|
||
Net
Asset Value |
November 8,
2017 |
(10.84)% |
10.71% |
Market
Price |
|
(10.85) |
10.72 |
62
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(9.21)% |
Market
Price **
|
(9.24)% |
JP
Morgan US Value Factor Index |
(9.16)% |
Russell
1000 Value Index |
(6.99)% |
Russell
1000 Index |
(16.38)% |
Net
Assets as of 10/31/2022 |
$444,083,720 |
Fund
Ticker |
JVAL |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Exxon
Mobil Corp. |
2.3% |
2. |
UnitedHealth
Group, Inc. |
2.2
|
3. |
Apple,
Inc. |
2.0
|
4. |
Johnson
& Johnson |
1.8
|
5. |
Microsoft
Corp. |
1.7
|
6. |
Alphabet,
Inc., Class A |
1.5
|
7. |
Pfizer,
Inc. |
1.4
|
8. |
Merck
& Co., Inc. |
1.4
|
9. |
Walmart,
Inc. |
1.1
|
10. |
Broadcom,
Inc. |
1.1
|
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2022 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
24.7% |
Consumer
Discretionary |
14.8 |
Health
Care |
14.4 |
Industrials |
13.1 |
Financials |
10.8 |
Consumer
Staples |
5.9 |
Energy |
5.5 |
Real
Estate |
3.1 |
Utilities |
3.1 |
Telecommunications |
2.4 |
Basic
Materials |
1.9 |
Short-Term
Investments |
0.3 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
63
|
64
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Value Factor ETF |
|
||
Net
Asset Value |
November 8,
2017 |
(9.21)% |
8.32% |
Market
Price |
|
(9.24) |
8.31 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
65
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.5% | ||
Australia
— 0.0% ^ | ||
Perseus
Mining Ltd. |
210,908 |
245,645 |
Brazil
— 7.5% | ||
Ambev
SA |
790,465 |
2,449,975 |
Arcos
Dorados Holdings, Inc., Class A |
34,147 |
257,468 |
Atacadao
SA |
577,310 |
2,177,136 |
B3
SA - Brasil Bolsa Balcao |
2,766,683 |
8,034,120 |
Banco
Bradesco SA (Preference) |
538,546 |
2,066,399 |
Banco
BTG Pactual SA * |
108,611 |
608,709 |
Banco
do Brasil SA |
234,168 |
1,680,497 |
BB
Seguridade Participacoes SA |
205,277 |
1,178,689 |
Blau
Farmaceutica SA |
59,127 |
388,724 |
Caixa
Seguridade Participacoes S/A |
237,077 |
404,346 |
Centrais
Eletricas Brasileiras SA (Preference) |
100,401 |
1,039,871 |
Cia
Energetica de Minas Gerais (Preference) |
297,812 |
654,950 |
EDP
- Energias do Brasil SA |
611,637 |
2,731,675 |
Gerdau
SA (Preference) |
127,288 |
635,023 |
Itau
Unibanco Holding SA (Preference) * |
950,489 |
5,582,777 |
Itausa
SA (Preference) |
708,684 |
1,472,109 |
Localiza
Rent a Car SA |
248,973 |
3,395,152 |
Locaweb
Servicos de Internet SA *
(a) |
134,893 |
284,384 |
Lojas
Renner SA * |
807,376 |
4,831,283 |
MercadoLibre,
Inc. * |
6,689 |
6,030,936 |
Petroleo
Brasileiro SA, ADR |
647,028 |
8,294,899 |
Porto
Seguro SA |
148,665 |
669,431 |
Raia
Drogasil SA |
375,544 |
1,925,158 |
Rumo
SA |
132,873 |
571,311 |
Sao
Martinho SA |
85,848 |
448,394 |
Sendas
Distribuidora SA |
103,937 |
398,403 |
SLC
Agricola SA |
51,390 |
457,640 |
Suzano
SA |
123,202 |
1,270,062 |
TIM
SA * |
215,082 |
550,457 |
TOTVS
SA * |
55,518 |
358,871 |
Vale
SA, ADR |
319,321 |
4,132,014 |
WEG
SA |
258,408 |
2,016,538 |
XP,
Inc., BDR * |
21,910 |
401,044 |
XP,
Inc., Class A * |
10,840 |
198,697 |
|
|
67,597,142 |
Canada
— 0.1% | ||
B2Gold
Corp. |
128,216 |
391,514 |
Ivanhoe
Mines Ltd., Class A * |
41,204 |
285,813 |
|
|
677,327 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chile
— 0.3% | ||
Banco
Santander Chile |
77,411,521 |
2,773,195 |
Cencosud
SA |
262,732 |
353,651 |
|
|
3,126,846 |
China
— 25.8% | ||
Advanced
Micro-Fabrication Equipment, Inc.,
Class
A * |
24,266 |
366,692 |
Aier
Eye Hospital Group Co. Ltd., Class A |
301,894 |
1,019,129 |
Airtac
International Group |
14,000 |
320,368 |
Alibaba
Group Holding Ltd. * |
1,591,300 |
12,372,209 |
Angel
Yeast Co. Ltd., Class A |
231,009 |
1,142,802 |
Anjoy
Foods Group Co. Ltd., Class A |
88,900 |
1,630,636 |
ANTA
Sports Products Ltd. |
179,000 |
1,573,700 |
Bank
of Ningbo Co. Ltd., Class A |
350,540 |
1,138,105 |
Baoshan
Iron & Steel Co. Ltd., Class A |
700,400 |
460,067 |
Beijing
Huafeng Test & Control Technology
Co.
Ltd., Class A |
5,675 |
205,093 |
Beijing
Kingsoft Office Software, Inc., Class A |
73,007 |
2,900,992 |
BOC
Hong Kong Holdings Ltd. |
137,500 |
427,255 |
BOE
Technology Group Co. Ltd., Class A |
1,445,200 |
659,471 |
Bosideng
International Holdings Ltd. |
1,160,000 |
501,012 |
Budweiser
Brewing Co. APAC Ltd. (a) |
1,223,300 |
2,574,709 |
Centre
Testing International Group Co. Ltd.,
Class
A |
8,300 |
21,209 |
Chacha
Food Co. Ltd., Class A |
158,400 |
956,647 |
Changzhou
Xingyu Automotive Lighting
Systems
Co. Ltd., Class A |
66,900 |
1,117,949 |
China
Construction Bank Corp., Class H |
12,092,000 |
6,417,085 |
China
Lesso Group Holdings Ltd. |
550,000 |
446,407 |
China
Longyuan Power Group Corp. Ltd.,
Class
H |
697,000 |
796,441 |
China
Merchants Bank Co. Ltd., Class H |
1,847,000 |
6,046,893 |
China
Merchants Energy Shipping Co. Ltd.,
Class
A |
331,300 |
316,030 |
China
Overseas Land & Investment Ltd. |
1,186,000 |
2,266,350 |
China
Petroleum & Chemical Corp., Class H |
4,126,000 |
1,635,243 |
China
Railway Group Ltd., Class H |
1,998,000 |
868,761 |
China
Resources Gas Group Ltd. |
704,400 |
1,804,089 |
China
Resources Land Ltd. |
580,000 |
1,814,694 |
China
Resources Mixc Lifestyle Services
Ltd. (a) |
645,400 |
1,889,984 |
China
Resources Pharmaceutical Group
Ltd. (a) |
578,000 |
389,908 |
China
Resources Sanjiu Medical &
Pharmaceutical
Co. Ltd., Class A |
137,200 |
1,020,805 |
China
State Construction Engineering Corp.
Ltd.,
Class A |
408,100 |
263,982 |
66
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
China
Vanke Co. Ltd., Class H |
496,100 |
636,659 |
China
Yangtze Power Co. Ltd., Class A |
1,122,700 |
3,108,002 |
Chongqing
Brewery Co. Ltd., Class A |
205,400 |
2,445,297 |
Chongqing
Fuling Zhacai Group Co. Ltd.,
Class
A |
60,500 |
185,856 |
CITIC
Securities Co. Ltd., Class H |
725,000 |
1,083,262 |
Contemporary
Amperex Technology Co. Ltd.,
Class
A |
6,304 |
321,824 |
DaShenLin
Pharmaceutical Group Co. Ltd.,
Class
A |
102,060 |
506,126 |
ENN
Energy Holdings Ltd. |
237,400 |
2,360,244 |
ENN
Natural Gas Co. Ltd., Class A |
232,100 |
491,858 |
Fangda
Special Steel Technology Co. Ltd.,
Class
A |
668,500 |
520,022 |
Foshan
Haitian Flavouring & Food Co. Ltd.,
Class
A |
347,275 |
2,831,323 |
Fuyao
Glass Industry Group Co. Ltd.,
Class
H (a) |
1,128,000 |
4,042,420 |
Guangdong
Investment Ltd. |
1,160,000 |
731,353 |
Guangzhou
Automobile Group Co. Ltd.,
Class
H |
1,184,000 |
721,531 |
H
World Group Ltd. |
703,800 |
1,920,099 |
Haier
Smart Home Co. Ltd., Class H |
3,393,000 |
8,492,637 |
Han's
Laser Technology Industry Group Co.
Ltd.,
Class A |
200,800 |
695,464 |
Hefei
Meiya Optoelectronic Technology, Inc.,
Class
A |
798,021 |
2,584,581 |
Huatai
Securities Co. Ltd., Class H (a) |
474,600 |
464,756 |
Huayu
Automotive Systems Co. Ltd., Class A |
639,246 |
1,461,702 |
Hubei
Xingfa Chemicals Group Co. Ltd.,
Class
A |
69,200 |
267,260 |
Hundsun
Technologies, Inc., Class A |
111,410 |
634,682 |
Industrial
& Commercial Bank of China Ltd.,
Class
H |
582,000 |
252,684 |
Industrial
Bank Co. Ltd., Class A |
728,425 |
1,494,707 |
Inner
Mongolia Yili Industrial Group Co. Ltd.,
Class
A |
1,788,613 |
6,165,030 |
Jade
Bird Fire Co. Ltd., Class A |
93,622 |
318,165 |
JD
Health International, Inc. *
(a) |
131,550 |
721,694 |
JD
Logistics, Inc. *
(a) |
208,800 |
291,897 |
JD.com,
Inc., Class A |
388,750 |
7,079,340 |
Jiangsu
Hengli Hydraulic Co. Ltd., Class A |
189,500 |
1,425,262 |
Joyoung
Co. Ltd., Class A |
148,500 |
294,419 |
Kanzhun
Ltd., ADR * |
44,359 |
484,844 |
KE
Holdings, Inc., Class A * |
203,600 |
674,559 |
Kingdee
International Software Group Co.
Ltd. * |
1,170,000 |
1,917,176 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Kunlun
Energy Co. Ltd. |
2,268,000 |
1,355,515 |
Kweichow
Moutai Co. Ltd., Class A |
16,800 |
3,097,629 |
Lenovo
Group Ltd. |
1,162,000 |
928,680 |
Livzon
Pharmaceutical Group, Inc., Class H |
175,100 |
458,317 |
Longfor
Group Holdings Ltd. (b) |
290,500 |
370,151 |
LONGi
Green Energy Technology Co. Ltd.,
Class
A |
248,696 |
1,633,823 |
Meituan *
(a) |
529,500 |
8,477,584 |
Midea
Group Co. Ltd., Class A |
798,312 |
4,374,748 |
Montage
Technology Co. Ltd., Class A |
87,889 |
677,657 |
NARI
Technology Co. Ltd., Class A |
523,440 |
1,748,797 |
NetEase,
Inc. |
758,600 |
8,416,859 |
NIO,
Inc., ADR * |
23,445 |
226,713 |
Oppein
Home Group, Inc., Class A |
63,384 |
704,280 |
PetroChina
Co. Ltd., Class H |
2,846,000 |
1,088,672 |
Pharmaron
Beijing Co. Ltd., Class H (a) |
224,900 |
758,322 |
PICC
Property & Casualty Co. Ltd., Class H |
1,740,000 |
1,604,821 |
Pinduoduo,
Inc., ADR * |
57,555 |
3,155,741 |
Ping
An Bank Co. Ltd., Class A |
1,895,256 |
2,676,299 |
Ping
An Insurance Group Co. of China Ltd.,
Class
H |
1,482,500 |
5,935,026 |
Poly
Developments and Holdings Group Co.
Ltd.,
Class A |
498,100 |
941,470 |
Postal
Savings Bank of China Co. Ltd.,
Class
H (a) |
4,540,000 |
2,105,472 |
Qingdao
Haier Biomedical Co. Ltd., Class A |
61,239 |
644,112 |
Sany
Heavy Industry Co. Ltd., Class A |
109,600 |
202,313 |
Shanghai
Baosight Software Co. Ltd., Class A |
263,893 |
1,528,516 |
Shanghai
Liangxin Electrical Co. Ltd., Class A |
242,000 |
371,643 |
Shanghai
Pharmaceuticals Holding Co. Ltd.,
Class
H |
320,500 |
434,361 |
Shenzhen
Inovance Technology Co. Ltd.,
Class
A |
234,500 |
2,137,198 |
Shenzhen
Mindray Bio-Medical Electronics
Co.
Ltd., Class A |
29,600 |
1,316,260 |
Shenzhou
International Group Holdings Ltd. |
262,900 |
1,825,316 |
Sichuan
Chuantou Energy Co. Ltd., Class A |
208,700 |
314,473 |
Sichuan
Swellfun Co. Ltd., Class A |
116,400 |
900,450 |
Silergy
Corp. |
219,000 |
2,525,441 |
SITC
International Holdings Co. Ltd. |
120,000 |
196,536 |
Skshu
Paint Co. Ltd., Class A * |
166,040 |
1,972,096 |
StarPower
Semiconductor Ltd., Class A |
31,274 |
1,588,927 |
Suzhou
Maxwell Technologies Co. Ltd.,
Class
A |
16,960 |
1,110,098 |
TBEA
Co. Ltd., Class A |
378,200 |
1,054,297 |
Tencent
Holdings Ltd. |
729,800 |
19,176,804 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
67
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Tingyi
Cayman Islands Holding Corp. |
1,744,000 |
2,726,043 |
Tongwei
Co. Ltd., Class A |
533,200 |
3,171,479 |
Topsports
International Holdings Ltd. (a) |
1,756,000 |
885,442 |
Trip.com
Group Ltd. * |
62,650 |
1,407,263 |
Wanhua
Chemical Group Co. Ltd., Class A |
265,300 |
2,912,622 |
Want
Want China Holdings Ltd. |
571,000 |
375,081 |
Wuliangye
Yibin Co. Ltd., Class A |
184,500 |
3,363,927 |
Wuxi
Biologics Cayman, Inc. *
(a) |
893,500 |
4,020,431 |
Xinyi
Glass Holdings Ltd. |
1,209,000 |
1,553,753 |
Xinyi
Solar Holdings Ltd. |
1,132,000 |
1,123,847 |
YTO
Express Group Co. Ltd., Class A |
193,000 |
496,783 |
Yum
China Holdings, Inc. |
91,687 |
3,791,257 |
Yunnan
Energy New Material Co. Ltd. |
16,600 |
334,892 |
Zhejiang
Chint Electrics Co. Ltd., Class A |
60,000 |
208,231 |
Zhejiang
Supor Co. Ltd., Class A |
438,306 |
2,393,597 |
Zhejiang
Weixing New Building Materials Co.
Ltd.,
Class A |
124,300 |
295,208 |
Zhuhai
Huafa Properties Co. Ltd., Class A |
280,000 |
326,487 |
Zhuzhou
CRRC Times Electric Co. Ltd. |
269,300 |
1,168,360 |
Zijin
Mining Group Co. Ltd., Class H |
2,306,000 |
2,199,551 |
ZTO
Express Cayman, Inc. |
20,800 |
353,895 |
|
|
234,135,018 |
Colombia
— 0.0% ^ | ||
Ecopetrol
SA |
491,175 |
241,473 |
Czech
Republic — 0.2% | ||
CEZ
A/S |
41,337 |
1,351,864 |
Komercni
Banka A/S |
13,693 |
392,171 |
|
|
1,744,035 |
Ghana
— 0.1% | ||
Kosmos
Energy Ltd. * |
98,415 |
638,713 |
Greece
— 0.2% | ||
Hellenic
Telecommunications Organization SA |
57,268 |
899,368 |
JUMBO
SA |
20,571 |
292,182 |
OPAP
SA |
56,978 |
698,160 |
|
|
1,889,710 |
Hong
Kong — 1.5% | ||
AIA
Group Ltd. |
640,200 |
4,849,383 |
Hang
Seng Bank Ltd. |
87,200 |
1,227,584 |
HKT
Trust & HKT Ltd. |
584,000 |
660,471 |
Hong
Kong Exchanges & Clearing Ltd. |
141,200 |
3,747,959 |
Prudential
plc |
16,951 |
157,469 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hong
Kong — continued | ||
Techtronic
Industries Co. Ltd. |
288,000 |
2,727,006 |
WH
Group Ltd. (a) |
740,077 |
373,747 |
|
|
13,743,619 |
Hungary
— 0.3% | ||
MOL
Hungarian Oil & Gas plc |
63,693 |
382,419 |
OTP
Bank Nyrt. |
66,580 |
1,452,498 |
Richter
Gedeon Nyrt. |
24,370 |
482,057 |
|
|
2,316,974 |
India
— 14.3% | ||
Aarti
Industries Ltd. |
43,680 |
369,293 |
Aarti
Pharmalabs Ltd. ‡
* |
10,920 |
50,024 |
Apollo
Hospitals Enterprise Ltd. |
29,477 |
1,609,559 |
Asian
Paints Ltd. |
16,971 |
638,841 |
AU
Small Finance Bank Ltd. (a) |
105,184 |
749,285 |
Axis
Bank Ltd. |
421,434 |
4,621,646 |
Bajaj
Auto Ltd. |
16,954 |
752,804 |
Bharat
Electronics Ltd. |
1,474,410 |
1,902,755 |
Britannia
Industries Ltd. |
28,876 |
1,314,816 |
Colgate-Palmolive
India Ltd. |
22,811 |
450,123 |
Computer
Age Management Services Ltd. |
23,267 |
717,198 |
Cummins
India Ltd. |
44,102 |
718,116 |
Dr
Lal PathLabs Ltd. (a) |
9,076 |
281,162 |
Dr
Reddy's Laboratories Ltd. |
18,244 |
982,015 |
Eicher
Motors Ltd. |
11,080 |
516,256 |
Embassy
Office Parks, REIT |
165,286 |
688,136 |
GAIL
India Ltd. |
1,056,469 |
1,164,555 |
Godrej
Properties Ltd. * |
28,013 |
427,451 |
HCL
Technologies Ltd. |
270,726 |
3,408,071 |
HDFC
Bank Ltd., ADR |
194,165 |
12,098,421 |
HDFC
Life Insurance Co. Ltd. (a) |
795,984 |
5,201,874 |
Hero
MotoCorp Ltd. |
23,945 |
775,058 |
Hindustan
Unilever Ltd. |
270,215 |
8,337,112 |
Housing
Development Finance Corp. Ltd. |
537,872 |
16,081,714 |
ICICI
Bank Ltd. |
793,678 |
8,726,768 |
ICICI
Prudential Life Insurance Co. Ltd. (a) |
133,228 |
818,183 |
IndusInd
Bank Ltd. |
46,752 |
646,316 |
Infosys
Ltd. |
961,262 |
17,916,070 |
ITC
Ltd. |
129,949 |
547,908 |
Jubilant
Foodworks Ltd. |
91,985 |
678,566 |
Kajaria
Ceramics Ltd. |
26,019 |
340,407 |
Kotak
Mahindra Bank Ltd. |
281,759 |
6,487,532 |
Larsen
& Toubro Ltd. |
52,337 |
1,281,373 |
Lemon
Tree Hotels Ltd. *
(a) |
730,679 |
744,898 |
68
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
India
— continued | ||
Maruti
Suzuki India Ltd. |
13,517 |
1,558,380 |
Metropolis
Healthcare Ltd. (a) |
22,878 |
467,763 |
Oil
& Natural Gas Corp. Ltd. |
499,320 |
806,592 |
Petronet
LNG Ltd. |
806,447 |
2,003,370 |
Power
Grid Corp. of India Ltd. |
557,122 |
1,537,141 |
Reliance
Industries Ltd. |
218,114 |
6,730,296 |
Shriram
Transport Finance Co. Ltd. |
121,158 |
1,801,823 |
Tata
Consultancy Services Ltd. |
215,084 |
8,300,537 |
Tata
Power Co. Ltd. (The) |
226,946 |
620,435 |
UltraTech
Cement Ltd. |
18,955 |
1,539,872 |
United
Spirits Ltd. * |
76,543 |
829,240 |
UPL
Ltd. |
66,027 |
582,895 |
WNS
Holdings Ltd., ADR * |
12,111 |
1,042,515 |
|
|
129,865,165 |
Indonesia
— 2.8% | ||
Adaro
Energy Indonesia Tbk. PT |
1,587,200 |
404,924 |
Astra
International Tbk. PT |
1,200,500 |
513,010 |
Bank
Central Asia Tbk. PT |
14,598,400 |
8,252,147 |
Bank
Mandiri Persero Tbk. PT |
1,258,800 |
850,387 |
Bank
Negara Indonesia Persero Tbk. PT |
931,500 |
561,633 |
Bank
Rakyat Indonesia Persero Tbk. PT |
24,821,470 |
7,405,070 |
Charoen
Pokphand Indonesia Tbk. PT |
952,100 |
340,143 |
Kalbe
Farma Tbk. PT |
2,891,600 |
380,263 |
Merdeka
Copper Gold Tbk. PT * |
783,900 |
189,811 |
Telkom
Indonesia Persero Tbk. PT |
19,887,100 |
5,585,310 |
Unilever
Indonesia Tbk. PT |
967,500 |
287,836 |
United
Tractors Tbk. PT |
202,400 |
418,672 |
|
|
25,189,206 |
Kuwait
— 0.1% | ||
National
Bank of Kuwait SAKP |
311,526 |
1,084,148 |
Macau
— 0.1% | ||
Sands
China Ltd. * |
348,400 |
609,081 |
Malaysia
— 0.5% | ||
CIMB
Group Holdings Bhd. |
407,400 |
475,894 |
Hong
Leong Bank Bhd. |
86,400 |
387,291 |
IHH
Healthcare Bhd. |
203,100 |
255,654 |
Kuala
Lumpur Kepong Bhd. |
59,000 |
270,124 |
Malayan
Banking Bhd. |
262,200 |
476,301 |
Petronas
Chemicals Group Bhd. |
233,100 |
429,749 |
Press
Metal Aluminium Holdings Bhd. |
261,300 |
240,537 |
Public
Bank Bhd. |
1,811,800 |
1,713,418 |
Tenaga
Nasional Bhd. |
232,800 |
414,575 |
|
|
4,663,543 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Mexico
— 5.1% | ||
America
Movil SAB de CV |
4,268,443 |
4,028,662 |
Arca
Continental SAB de CV |
106,842 |
872,833 |
Corp.
Inmobiliaria Vesta SAB de CV |
264,387 |
576,066 |
Fomento
Economico Mexicano SAB de CV |
71,508 |
513,004 |
Gentera
SAB de CV |
658,964 |
675,827 |
Gruma
SAB de CV, Class B |
42,052 |
485,297 |
Grupo
Aeroportuario del Centro Norte SAB
de
CV |
41,138 |
328,058 |
Grupo
Aeroportuario del Pacifico SAB de CV,
Class
B |
264,586 |
4,103,867 |
Grupo
Aeroportuario del Sureste SAB de CV,
Class
B |
130,543 |
3,063,573 |
Grupo
Financiero Banorte SAB de CV, Class O |
1,314,216 |
10,698,526 |
Grupo
Mexico SAB de CV |
647,921 |
2,333,928 |
Kimberly-Clark
de Mexico SAB de CV, Class A |
1,501,775 |
2,366,397 |
Orbia
Advance Corp. SAB de CV |
207,004 |
348,228 |
Qualitas
Controladora SAB de CV |
57,656 |
226,253 |
Regional
SAB de CV |
130,817 |
911,817 |
Wal-Mart
de Mexico SAB de CV |
3,835,336 |
14,816,364 |
|
|
46,348,700 |
Nigeria
— 0.0% ^ | ||
Airtel
Africa plc (a) |
141,640 |
183,340 |
Panama
— 0.1% | ||
Copa
Holdings SA, Class A * |
6,406 |
481,923 |
Peru
— 0.4% | ||
Credicorp
Ltd. |
19,575 |
2,864,997 |
Southern
Copper Corp. |
16,588 |
779,138 |
|
|
3,644,135 |
Philippines
— 0.2% | ||
ACEN
Corp. |
76,740 |
8,344 |
Ayala
Corp. |
26,210 |
304,162 |
Ayala
Land, Inc. |
611,400 |
271,333 |
Bank
of the Philippine Islands |
141,300 |
234,991 |
BDO
Unibank, Inc. |
146,250 |
323,269 |
International
Container Terminal Services,
Inc. |
69,920 |
209,597 |
SM
Investments Corp. |
18,950 |
270,083 |
SM
Prime Holdings, Inc. |
523,800 |
286,059 |
|
|
1,907,838 |
Poland
— 0.6% | ||
Allegro.eu
SA *
(a) |
155,894 |
756,110 |
Bank
Polska Kasa Opieki SA |
35,341 |
579,220 |
Dino
Polska SA *
(a) |
28,408 |
1,854,256 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
69
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Poland
— continued | ||
Powszechna
Kasa Oszczednosci Bank Polski
SA |
94,286 |
513,800 |
Powszechny
Zaklad Ubezpieczen SA |
329,999 |
1,848,759 |
|
|
5,552,145 |
Portugal
— 0.2% | ||
Jeronimo
Martins SGPS SA |
102,463 |
2,120,270 |
Qatar
— 0.9% | ||
Industries
Qatar QSC |
537,940 |
2,328,752 |
Qatar
Gas Transport Co. Ltd. |
776,627 |
874,369 |
Qatar
Islamic Bank SAQ |
98,098 |
656,416 |
Qatar
National Bank QPSC |
799,409 |
4,377,284 |
|
|
8,236,821 |
Russia
— 0.0% ^ | ||
Gazprom
PJSC, ADR ‡
* |
12,780 |
1,426 |
Gazprom
PJSC ‡ |
1,135,066 |
87,074 |
Magnitogorsk
Iron & Steel Works PJSC, GDR ‡ |
12,378 |
1,869 |
MMC
Norilsk Nickel PJSC, ADR ‡ |
2,018 |
969 |
MMC
Norilsk Nickel PJSC ‡ |
2,036 |
13,125 |
Moscow
Exchange MICEX-RTS PJSC ‡
* |
571,670 |
13,582 |
Rosneft
Oil Co. PJSC ‡ |
141,777 |
14,075 |
Sberbank
of Russia PJSC ‡
* |
629,236 |
26,468 |
Severstal
PAO, GDR ‡
(a) |
98,048 |
31,375 |
VTB
Bank PJSC ‡
* |
168,450,798 |
793 |
X5
Retail Group NV, GDR ‡
(a) |
13,771 |
3,324 |
|
|
194,080 |
Saudi
Arabia — 3.1% | ||
ACWA
Power Co. |
22,292 |
1,031,908 |
Al
Rajhi Bank * |
216,194 |
4,902,387 |
Alinma
Bank |
176,612 |
1,761,876 |
Almarai
Co. JSC |
64,544 |
966,555 |
Dr
Sulaiman Al Habib Medical Services Group
Co. |
14,042 |
847,054 |
Etihad
Etisalat Co. |
57,198 |
556,856 |
Jarir
Marketing Co. |
8,731 |
380,834 |
Leejam
Sports Co. JSC |
17,804 |
374,637 |
Mouwasat
Medical Services Co. |
28,014 |
1,630,783 |
SABIC
Agri-Nutrients Co. |
40,262 |
1,701,147 |
Sahara
International Petrochemical Co. |
31,590 |
340,094 |
Saudi
Arabian Mining Co. * |
111,046 |
2,471,687 |
Saudi
Arabian Oil Co. (a) |
104,391 |
968,803 |
Saudi
Basic Industries Corp. |
88,866 |
2,086,620 |
Saudi
National Bank (The) |
279,143 |
4,411,920 |
Saudi
Tadawul Group Holding Co. |
15,789 |
911,395 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Saudi
Arabia — continued | ||
Saudi
Telecom Co. |
167,092 |
1,795,203 |
United
International Transportation Co. |
59,387 |
722,776 |
|
|
27,862,535 |
Singapore
— 0.1% | ||
Sea
Ltd., ADR * |
19,575 |
972,486 |
South
Africa — 4.1% | ||
Absa
Group Ltd. |
63,094 |
685,152 |
African
Rainbow Minerals Ltd. |
17,501 |
246,441 |
Anglo
American plc |
68,123 |
2,040,571 |
AVI
Ltd. |
313,627 |
1,256,230 |
Bid
Corp. Ltd. |
222,571 |
3,581,250 |
Bidvest
Group Ltd. (The) |
37,103 |
429,188 |
Capitec
Bank Holdings Ltd. |
54,001 |
5,591,635 |
Clicks
Group Ltd. |
183,376 |
3,107,222 |
FirstRand
Ltd. |
1,620,299 |
5,664,536 |
Foschini
Group Ltd. (The) |
67,609 |
422,706 |
Gold
Fields Ltd. |
42,923 |
343,848 |
Impala
Platinum Holdings Ltd. |
173,777 |
1,779,245 |
Mr
Price Group Ltd. |
51,668 |
497,292 |
MTN
Group Ltd. |
138,696 |
980,228 |
Naspers
Ltd., Class N |
16,390 |
1,689,512 |
Sanlam
Ltd. |
686,351 |
2,000,674 |
Shoprite
Holdings Ltd. |
93,140 |
1,185,539 |
Sibanye
Stillwater Ltd. |
153,904 |
360,478 |
SPAR
Group Ltd. (The) |
26,945 |
228,469 |
Standard
Bank Group Ltd. |
150,505 |
1,405,000 |
Transaction
Capital Ltd. |
175,216 |
391,950 |
Truworths
International Ltd. |
123,132 |
350,416 |
Vodacom
Group Ltd. |
390,507 |
2,659,943 |
|
|
36,897,525 |
South
Korea — 11.9% | ||
AfreecaTV
Co. Ltd. |
12,007 |
668,492 |
BGF
retail Co. Ltd. |
14,348 |
1,876,318 |
CJ
CheilJedang Corp. |
4,365 |
1,267,342 |
Coupang,
Inc. * |
34,629 |
598,043 |
Coway
Co. Ltd. |
16,507 |
640,074 |
DL
E&C Co. Ltd. |
22,190 |
535,358 |
DL
Holdings Co. Ltd. |
7,566 |
326,042 |
Dongjin
Semichem Co. Ltd. |
23,652 |
497,717 |
Green
Cross Corp. |
2,036 |
181,854 |
Hana
Financial Group, Inc. |
152,579 |
4,411,268 |
Hankook
Tire & Technology Co. Ltd. |
53,994 |
1,383,017 |
Hanon
Systems |
110,095 |
601,592 |
70
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
South
Korea — continued | ||
Hite
Jinro Co. Ltd. |
16,765 |
301,445 |
HL
Mando Co. Ltd. |
7,499 |
259,643 |
Hugel,
Inc. * |
9,606 |
752,508 |
Hyundai
Glovis Co. Ltd. |
7,859 |
957,912 |
Hyundai
Mobis Co. Ltd. |
21,616 |
3,315,448 |
Hyundai
Motor Co. |
5,240 |
603,850 |
Industrial
Bank of Korea |
96,632 |
708,178 |
ISC
Co. Ltd. |
28,358 |
602,468 |
JYP
Entertainment Corp. |
26,699 |
1,037,911 |
KakaoBank
Corp. * |
14,614 |
174,933 |
Kakaopay
Corp. * |
5,240 |
129,685 |
Kangwon
Land, Inc. * |
49,914 |
804,782 |
KB
Financial Group, Inc. |
65,420 |
2,201,322 |
Kia
Corp. |
87,943 |
4,086,782 |
KIWOOM
Securities Co. Ltd. |
15,476 |
875,648 |
Korea
Gas Corp. |
13,624 |
332,482 |
Korea
Investment Holdings Co. Ltd. |
20,742 |
720,033 |
Korea
Zinc Co. Ltd. |
1,755 |
787,034 |
LG
Chem Ltd. |
14,901 |
6,539,138 |
LG
Energy Solution Ltd. * |
1,705 |
630,883 |
LG
H&H Co. Ltd. |
5,860 |
2,093,666 |
LG
Innotek Co. Ltd. |
1,785 |
370,324 |
NAVER
Corp. |
22,181 |
2,631,073 |
NCSoft
Corp. |
8,747 |
2,389,500 |
Orion
Corp. |
5,020 |
357,233 |
Pan
Ocean Co. Ltd. |
120,920 |
364,129 |
POSCO
Holdings, Inc. |
14,032 |
2,445,649 |
Samsung
Biologics Co. Ltd. *
(a) |
4,502 |
2,766,647 |
Samsung
Electro-Mechanics Co. Ltd. |
20,154 |
1,706,873 |
Samsung
Electronics Co. Ltd. |
770,298 |
32,059,689 |
Samsung
Engineering Co. Ltd. * |
25,969 |
433,820 |
Samsung
Fire & Marine Insurance Co. Ltd. |
7,705 |
1,080,622 |
Samsung
Life Insurance Co. Ltd. |
13,234 |
625,409 |
Shinhan
Financial Group Co. Ltd. |
65,998 |
1,677,442 |
SK
Hynix, Inc. |
155,935 |
9,027,320 |
SK
IE Technology Co. Ltd. *
(a) |
4,372 |
159,111 |
SK
Innovation Co. Ltd. * |
11,378 |
1,377,742 |
SK
Telecom Co. Ltd. |
37,349 |
1,312,508 |
SK,
Inc. |
14,919 |
2,235,592 |
SKC
Co. Ltd. |
18,425 |
1,334,540 |
S-Oil
Corp. |
39,147 |
2,373,662 |
Yuhan
Corp. |
8,501 |
356,437 |
|
|
107,988,190 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Taiwan
— 14.7% | ||
Accton
Technology Corp. |
519,000 |
3,902,806 |
Advantech
Co. Ltd. |
505,000 |
4,575,117 |
Alchip
Technologies Ltd. |
16,000 |
320,413 |
ASE
Technology Holding Co. Ltd. |
847,000 |
2,091,371 |
ASPEED
Technology, Inc. |
39,500 |
2,047,712 |
Bizlink
Holding, Inc. |
109,000 |
831,217 |
Cathay
Financial Holding Co. Ltd. |
1,728,000 |
2,022,292 |
Chailease
Holding Co. Ltd. |
547,345 |
2,524,732 |
China
Development Financial Holding Corp. |
5,514,000 |
2,006,412 |
Compeq
Manufacturing Co. Ltd. |
239,000 |
322,872 |
CTBC
Financial Holding Co. Ltd. |
3,528,000 |
2,228,768 |
Delta
Electronics, Inc. |
863,000 |
6,866,733 |
E
Ink Holdings, Inc. |
293,000 |
1,861,772 |
E.Sun
Financial Holding Co. Ltd. |
3,654,427 |
2,626,305 |
Eclat
Textile Co. Ltd. |
291,000 |
3,818,710 |
eMemory
Technology, Inc. |
15,000 |
497,392 |
Faraday
Technology Corp. |
181,000 |
792,669 |
Feng
TAY Enterprise Co. Ltd. |
79,000 |
392,336 |
Formosa
Plastics Corp. |
580,000 |
1,494,319 |
Fubon
Financial Holding Co. Ltd. |
1,755,600 |
2,773,030 |
Giant
Manufacturing Co. Ltd. |
284,000 |
1,807,308 |
Global
Unichip Corp. |
178,000 |
2,677,608 |
Hon
Hai Precision Industry Co. Ltd. |
1,851,000 |
5,878,922 |
Largan
Precision Co. Ltd. |
29,000 |
1,659,147 |
Lite-On
Technology Corp. |
290,000 |
574,267 |
Lotes
Co. Ltd. |
96,000 |
2,303,897 |
Makalot
Industrial Co. Ltd. |
260,000 |
1,610,001 |
MediaTek,
Inc. |
117,000 |
2,132,700 |
Mega
Financial Holding Co. Ltd. |
1,599,000 |
1,481,390 |
Micro-Star
International Co. Ltd. |
307,000 |
1,039,872 |
momo.com,
Inc. |
7,920 |
118,164 |
Nien
Made Enterprise Co. Ltd. |
90,000 |
693,940 |
Novatek
Microelectronics Corp. |
425,000 |
3,166,568 |
Pegavision
Corp. |
28,000 |
244,448 |
Poya
International Co. Ltd. |
20,000 |
254,201 |
President
Chain Store Corp. |
483,000 |
4,016,142 |
Primax
Electronics Ltd. |
179,000 |
299,872 |
Quanta
Computer, Inc. |
1,149,000 |
2,433,705 |
Realtek
Semiconductor Corp. |
299,000 |
2,357,096 |
SDI
Corp. |
350,000 |
964,964 |
Sinbon
Electronics Co. Ltd. |
95,000 |
737,732 |
Taishin
Financial Holding Co. Ltd. |
2,119,990 |
870,029 |
Taiwan
Cement Corp. |
596,961 |
559,761 |
Taiwan
Semiconductor Manufacturing Co. Ltd. |
3,492,000 |
41,981,554 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
71
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Taiwan
— continued | ||
Unimicron
Technology Corp. |
319,000 |
1,225,716 |
Uni-President
Enterprises Corp. |
876,000 |
1,778,946 |
United
Microelectronics Corp. * |
389,000 |
467,757 |
Vanguard
International Semiconductor Corp. |
1,160,000 |
2,381,678 |
Voltronic
Power Technology Corp. |
12,000 |
486,530 |
Wiwynn
Corp. |
129,000 |
2,889,822 |
|
|
133,090,715 |
Tanzania,
United Republic of — 0.0% ^ | ||
AngloGold
Ashanti Ltd. |
19,298 |
252,026 |
Thailand
— 1.8% | ||
Advanced
Info Service PCL |
145,300 |
730,135 |
Airports
of Thailand PCL * |
582,200 |
1,124,322 |
Bangkok
Dusit Medical Services PCL, Class F |
902,300 |
700,319 |
Bangkok
Expressway & Metro PCL, NVDR |
990,100 |
244,626 |
Central
Pattana PCL, NVDR |
233,000 |
421,549 |
CP
ALL PCL |
436,700 |
688,817 |
Delta
Electronics Thailand PCL, NVDR |
31,100 |
475,537 |
Energy
Absolute PCL, NVDR |
119,000 |
302,942 |
Gulf
Energy Development PCL |
291,400 |
387,276 |
Intouch
Holdings PCL, NVDR |
145,400 |
275,256 |
Kasikornbank
PCL, NVDR |
81,500 |
313,589 |
Krung
Thai Bank PCL, NVDR |
1,527,400 |
703,813 |
PTT
Exploration & Production PCL |
898,200 |
4,259,724 |
PTT
Global Chemical PCL |
203,800 |
233,496 |
PTT
PCL |
815,100 |
770,911 |
SCB
X PCL |
548,700 |
1,533,041 |
SCG
Packaging PCL, NVDR |
197,800 |
270,520 |
Siam
Cement PCL (The) (Registered) |
262,100 |
2,232,120 |
Thai
Oil PCL |
410,663 |
590,496 |
|
|
16,258,489 |
United
Arab Emirates — 1.1% | ||
Abu
Dhabi Commercial Bank PJSC |
106,060 |
273,016 |
Abu
Dhabi Islamic Bank PJSC |
283,017 |
732,279 |
Abu
Dhabi National Oil Co. for Distribution
PJSC |
531,234 |
652,875 |
Aldar
Properties PJSC |
755,118 |
888,224 |
Dubai
Electricity & Water Authority PJSC |
2,196,907 |
1,459,381 |
Dubai
Islamic Bank PJSC |
194,528 |
308,186 |
Emaar
Properties PJSC |
818,331 |
1,350,865 |
Emirates
Telecommunications Group Co. PJSC |
130,785 |
919,165 |
Fertiglobe
plc |
681,253 |
943,734 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Arab Emirates — continued | ||
First
Abu Dhabi Bank PJSC |
439,826 |
2,144,926 |
Salik
Co. PJSC * |
1,110,900 |
692,593 |
|
|
10,365,244 |
United
States — 1.3% | ||
EPAM
Systems, Inc. * |
11,381 |
3,983,350 |
Genpact
Ltd. |
82,107 |
3,982,190 |
Globant
SA * |
12,880 |
2,430,198 |
JS
Global Lifestyle Co. Ltd. (a) |
904,500 |
728,589 |
Parade
Technologies Ltd. |
60,000 |
1,129,920 |
|
|
12,254,247 |
Zambia
— 0.1% | ||
First
Quantum Minerals Ltd. |
34,777 |
613,419 |
Total
Common Stocks
(Cost
$1,192,403,952) |
|
902,991,773 |
Short-Term
Investments — 0.4% | ||
Investment
Companies — 0.4% | ||
JPMorgan
Prime Money Market Fund Class IM
Shares,
3.18% (c)
(d)(Cost
$3,448,736) |
3,448,164 |
3,448,509 |
Total
Investments — 99.9%
(Cost
$1,195,852,688) |
|
906,440,282 |
Other
Assets Less Liabilities — 0.1% |
|
713,844 |
NET
ASSETS — 100.0% |
|
907,154,126 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
ADR |
American
Depositary Receipt |
APAC |
Asia
Pacific |
BDR |
Brazilian
Depositary Receipt |
GDR |
Global
Depositary Receipt |
JSC |
Joint
Stock Company |
NVDR |
Non-Voting
Depositary Receipt |
PJSC |
Public
Joint Stock Company |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
PT |
Limited
liability company |
REIT |
Real
Estate Investment Trust |
RTS |
Russian
Trading System |
SGPS |
Holding
company |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
72
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
(a) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(b) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
17.0% |
Semiconductors
& Semiconductor Equipment |
8.9 |
Technology
Hardware, Storage & Peripherals |
4.9 |
IT
Services |
4.7 |
Internet
& Direct Marketing Retail |
4.5 |
Food
& Staples Retailing |
4.3 |
Oil,
Gas & Consumable Fuels |
3.8 |
Insurance |
3.7 |
Food
Products |
3.1 |
Electronic
Equipment, Instruments & Components |
2.7 |
Diversified
Financial Services |
2.7 |
Metals
& Mining |
2.6 |
Chemicals |
2.6 |
Interactive
Media & Services |
2.5 |
Household
Durables |
2.0 |
Beverages |
1.9 |
Capital
Markets |
1.9 |
Real
Estate Management & Development |
1.5 |
Entertainment |
1.4 |
Auto
Components |
1.3 |
Hotels,
Restaurants & Leisure |
1.2 |
Wireless
Telecommunication Services |
1.2 |
Personal
Products |
1.2 |
Machinery |
1.2 |
Electrical
Equipment |
1.1 |
Diversified
Telecommunication Services |
1.1 |
Transportation
Infrastructure |
1.1 |
Automobiles |
1.1 |
Textiles,
Apparel & Luxury Goods |
1.1 |
Others
(each less than 1.0%) |
11.3 |
Short-Term
Investments |
0.4 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
73
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 97.8% | ||
Australia
— 6.1% | ||
Australia
& New Zealand Banking Group Ltd. |
4,221 |
69,156 |
BHP
Group Ltd. |
15,480 |
371,833 |
BlueScope
Steel Ltd. |
1,589 |
16,001 |
Commonwealth
Bank of Australia |
1,125 |
75,428 |
Glencore
plc |
16,520 |
94,710 |
Goodman
Group, REIT |
1,508 |
16,408 |
IDP
Education Ltd. |
443 |
8,358 |
Macquarie
Group Ltd. |
281 |
30,484 |
Medibank
Pvt Ltd. |
9,752 |
17,560 |
National
Australia Bank Ltd. |
3,494 |
72,578 |
Rio
Tinto Ltd. |
1,519 |
86,203 |
Rio
Tinto plc |
2,332 |
121,874 |
South32
Ltd. |
12,504 |
28,688 |
Wesfarmers
Ltd. |
421 |
12,217 |
Westpac
Banking Corp. |
8,031 |
124,006 |
Woodside
Energy Group Ltd. |
8,382 |
193,779 |
Woolworths
Group Ltd. |
794 |
16,767 |
Worley
Ltd. |
1,754 |
16,021 |
|
|
1,372,071 |
Austria
— 0.3% | ||
BAWAG
Group AG *
(a) |
354 |
17,090 |
Erste
Group Bank AG |
1,087 |
26,789 |
OMV
AG |
719 |
33,105 |
|
|
76,984 |
Belgium
— 0.7% | ||
Ageas
SA |
379 |
13,121 |
Bekaert
SA |
325 |
9,057 |
D'ieteren
Group |
185 |
30,789 |
KBC
Group NV |
1,963 |
98,377 |
|
|
151,344 |
Brazil
— 0.1% | ||
MercadoLibre,
Inc. * |
17 |
15,328 |
Canada
— 0.7% | ||
Alimentation
Couche-Tard, Inc. |
818 |
36,626 |
Canadian
National Railway Co. |
517 |
61,250 |
Toronto-Dominion
Bank (The) |
1,001 |
64,064 |
|
|
161,940 |
China
— 0.6% | ||
BOC
Hong Kong Holdings Ltd. |
12,500 |
38,841 |
Prosus
NV * |
359 |
15,524 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Tencent
Holdings Ltd. |
2,170 |
57,021 |
Yangzijiang
Shipbuilding Holdings Ltd. |
34,200 |
28,992 |
|
|
140,378 |
Denmark
— 4.4% | ||
AP
Moller - Maersk A/S, Class B |
16 |
33,427 |
Carlsberg
A/S, Class B |
840 |
98,906 |
Coloplast
A/S, Class B |
707 |
78,809 |
D/S
Norden A/S |
448 |
23,186 |
Drilling
Co. of 1972 A/S (The) * |
232 |
11,507 |
Genmab
A/S * |
273 |
105,162 |
ISS
A/S * |
1,323 |
24,297 |
Novo
Nordisk A/S, Class B |
4,726 |
513,864 |
Orsted
A/S (a) |
608 |
50,163 |
Solar
A/S, Class B |
268 |
20,211 |
Spar
Nord Bank A/S |
972 |
11,769 |
Sydbank
A/S |
306 |
9,318 |
Vestas
Wind Systems A/S |
288 |
5,678 |
|
|
986,297 |
Finland
— 1.0% | ||
Elisa
OYJ |
541 |
26,145 |
Kone
OYJ, Class B |
642 |
26,287 |
Nokia
OYJ |
13,900 |
61,770 |
Nordea
Bank Abp |
10,655 |
101,782 |
Outokumpu
OYJ |
4,620 |
18,542 |
|
|
234,526 |
France
— 12.0% | ||
Air
Liquide SA |
568 |
74,302 |
Airbus
SE |
277 |
29,972 |
AXA
SA |
5,072 |
125,253 |
BNP
Paribas SA |
3,441 |
161,362 |
Capgemini
SE |
1,220 |
199,947 |
Carrefour
SA |
1,861 |
29,954 |
Cie
de Saint-Gobain |
745 |
30,456 |
Dassault
Systemes SE |
328 |
10,994 |
Eiffage
SA |
314 |
28,392 |
Engie
SA |
3,595 |
46,711 |
IPSOS |
605 |
29,286 |
Kering
SA |
134 |
61,367 |
L'Oreal
SA |
857 |
269,102 |
LVMH
Moet Hennessy Louis Vuitton SE |
751 |
473,877 |
Pernod
Ricard SA |
535 |
93,899 |
Publicis
Groupe SA |
643 |
36,011 |
Renault
SA * |
957 |
29,465 |
74
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
France
— continued | ||
Rothschild
& Co. |
530 |
18,796 |
Safran
SA |
1,009 |
112,372 |
Sanofi |
715 |
61,531 |
Societe
Generale SA |
1,729 |
39,658 |
Technip
Energies NV |
1,471 |
18,989 |
TotalEnergies
SE |
8,516 |
464,577 |
Veolia
Environnement SA |
1,377 |
30,729 |
Vinci
SA |
2,237 |
205,887 |
|
|
2,682,889 |
Germany
— 8.2% | ||
adidas
AG |
700 |
68,330 |
Allianz
SE (Registered) |
1,418 |
255,105 |
Aurubis
AG |
256 |
16,154 |
Bayer
AG (Registered) |
1,523 |
80,081 |
Bayerische
Motoren Werke AG |
678 |
53,217 |
Daimler
Truck Holding AG * |
465 |
12,403 |
Deutsche
Boerse AG |
799 |
129,933 |
Deutsche
Post AG (Registered) |
2,445 |
86,430 |
Deutsche
Telekom AG (Registered) |
10,528 |
198,721 |
E.ON
SE |
992 |
8,307 |
Infineon
Technologies AG |
1,407 |
34,141 |
Kloeckner
& Co. SE |
1,716 |
13,449 |
Mercedes-Benz
Group AG |
1,265 |
73,220 |
Merck
KGaA |
212 |
34,549 |
Muenchener
Rueckversicherungs-Gesellschaft AG
(Registered) |
639 |
168,681 |
RWE
AG |
4,396 |
169,225 |
SAP
SE |
431 |
41,485 |
Sartorius
AG (Preference) |
57 |
20,098 |
Siemens
AG (Registered) |
1,262 |
137,822 |
Symrise
AG |
818 |
83,495 |
Volkswagen
AG (Preference) |
958 |
122,625 |
Zalando
SE *
(a) |
847 |
19,522 |
|
|
1,826,993 |
Hong
Kong — 1.6% | ||
AIA
Group Ltd. |
27,800 |
210,579 |
Hong
Kong Exchanges & Clearing Ltd. |
3,500 |
92,903 |
Kerry
Properties Ltd. |
3,500 |
5,537 |
Pacific
Basin Shipping Ltd. |
38,000 |
9,200 |
Prudential
plc |
2,835 |
26,336 |
Techtronic
Industries Co. Ltd. |
2,000 |
18,937 |
|
|
363,492 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
India
— 0.5% | ||
HDFC
Bank Ltd., ADR |
1,869 |
116,457 |
Indonesia
— 0.1% | ||
Bank
Central Asia Tbk. PT |
42,200 |
23,855 |
Ireland
— 0.1% | ||
Bank
of Ireland Group plc |
1,552 |
11,175 |
Kingspan
Group plc |
352 |
17,747 |
|
|
28,922 |
Italy
— 1.1% | ||
Assicurazioni
Generali SpA |
2,102 |
31,545 |
Azimut
Holding SpA |
1,051 |
16,923 |
Eni
SpA |
3,931 |
51,629 |
FinecoBank
Banca Fineco SpA |
1,466 |
19,755 |
Pirelli
& C SpA (a) |
5,521 |
20,825 |
Prysmian
SpA |
263 |
8,560 |
UniCredit
SpA |
6,252 |
77,533 |
Unipol
Gruppo SpA |
5,834 |
25,109 |
|
|
251,879 |
Japan
— 18.9% | ||
AGC,
Inc. |
900 |
28,201 |
Asahi
Group Holdings Ltd. |
600 |
16,788 |
Asahi
Kasei Corp. |
1,500 |
9,618 |
Bridgestone
Corp. |
1,600 |
57,866 |
Brother
Industries Ltd. |
400 |
6,814 |
Central
Japan Railway Co. |
200 |
23,155 |
Cosmo
Energy Holdings Co. Ltd. |
1,300 |
33,487 |
Credit
Saison Co. Ltd. |
2,300 |
24,583 |
Dai-ichi
Life Holdings, Inc. |
2,600 |
41,295 |
Daiichi
Sankyo Co. Ltd. |
1,600 |
51,217 |
Daikin
Industries Ltd. |
1,000 |
149,787 |
Daiwa
House Industry Co. Ltd. |
400 |
8,059 |
Denso
Corp. |
300 |
14,885 |
Dentsu
Group, Inc. |
1,800 |
55,986 |
FANUC
Corp. |
100 |
13,085 |
Fuji
Electric Co. Ltd. |
800 |
30,932 |
Fujitsu
Ltd. |
100 |
11,506 |
Fuyo
General Lease Co. Ltd. |
400 |
22,231 |
Hitachi
Ltd. |
1,700 |
77,136 |
Honda
Motor Co. Ltd. |
4,100 |
93,490 |
Hoya
Corp. |
1,900 |
176,627 |
Inpex
Corp. |
4,100 |
41,379 |
Isuzu
Motors Ltd. |
3,100 |
36,455 |
ITOCHU
Corp. |
2,800 |
72,365 |
Japan
Airlines Co. Ltd. * |
1,200 |
22,414 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
75
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Japan
Post Holdings Co. Ltd. |
4,000 |
26,898 |
Japan
Post Insurance Co. Ltd. |
2,300 |
34,047 |
Kao
Corp. |
300 |
11,206 |
KDDI
Corp. |
3,000 |
88,671 |
Keyence
Corp. |
600 |
226,239 |
Konami
Group Corp. |
400 |
17,533 |
Kubota
Corp. |
1,200 |
16,740 |
Kyowa
Kirin Co. Ltd. |
3,800 |
89,496 |
Makita
Corp. |
400 |
7,309 |
Marubeni
Corp. |
5,300 |
46,396 |
Mitsubishi
Corp. |
3,200 |
86,684 |
Mitsubishi
UFJ Financial Group, Inc. |
25,100 |
118,569 |
Mitsui
& Co. Ltd. |
2,500 |
55,323 |
Mitsui
Fudosan Co. Ltd. |
3,300 |
63,190 |
Mizuho
Financial Group, Inc. |
2,800 |
30,283 |
MS&AD
Insurance Group Holdings, Inc. |
700 |
18,537 |
Murata
Manufacturing Co. Ltd. |
400 |
18,936 |
Nidec
Corp. |
700 |
38,489 |
Nintendo
Co. Ltd. |
1,000 |
40,599 |
NIPPON
EXPRESS HOLDINGS, Inc. |
300 |
15,074 |
Nippon
Steel Corp. |
2,800 |
38,412 |
Nippon
Telegraph & Telephone Corp. |
4,000 |
110,323 |
Nomura
Real Estate Holdings, Inc. |
1,400 |
31,645 |
Nomura
Research Institute Ltd. |
300 |
6,639 |
Ono
Pharmaceutical Co. Ltd. |
1,400 |
32,947 |
ORIX
Corp. |
4,700 |
69,032 |
Otsuka
Corp. |
300 |
9,448 |
Recruit
Holdings Co. Ltd. |
1,800 |
55,388 |
Resona
Holdings, Inc. |
2,200 |
8,292 |
Rohm
Co. Ltd. |
100 |
7,026 |
SBI
Holdings, Inc. |
1,100 |
19,870 |
Sekisui
House Ltd. |
2,000 |
33,206 |
Seven
& i Holdings Co. Ltd. |
800 |
29,863 |
Shimano,
Inc. |
200 |
30,949 |
Shin-Etsu
Chemical Co. Ltd. |
1,700 |
176,681 |
Shionogi
& Co. Ltd. |
200 |
9,287 |
SMC
Corp. |
200 |
80,280 |
SoftBank
Corp. |
5,700 |
56,227 |
SoftBank
Group Corp. |
600 |
25,756 |
Sojitz
Corp. |
2,120 |
31,253 |
Sompo
Holdings, Inc. |
800 |
33,354 |
Sony
Group Corp. |
3,800 |
256,252 |
Sumitomo
Corp. |
2,700 |
34,327 |
Sumitomo
Electric Industries Ltd. |
800 |
8,360 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Sumitomo
Forestry Co. Ltd. |
1,500 |
23,465 |
Sumitomo
Mitsui Financial Group, Inc. |
3,700 |
103,902 |
Sumitomo
Mitsui Trust Holdings, Inc. |
1,400 |
40,277 |
Sumitomo
Warehouse Co. Ltd. (The) |
1,900 |
25,788 |
Suzuki
Motor Corp. |
500 |
16,905 |
Sysmex
Corp. |
300 |
16,147 |
Takeda
Pharmaceutical Co. Ltd. |
3,400 |
89,791 |
Terumo
Corp. |
500 |
15,175 |
Tokio
Marine Holdings, Inc. |
6,900 |
124,926 |
Tokyo
Electron Ltd. |
500 |
131,548 |
Tokyu
Fudosan Holdings Corp. |
5,900 |
29,934 |
Toyota
Boshoku Corp. |
2,000 |
25,449 |
Toyota
Motor Corp. |
16,200 |
224,769 |
Yamaha
Motor Co. Ltd. |
400 |
8,257 |
|
|
4,240,730 |
Luxembourg
— 0.2% | ||
ArcelorMittal
SA |
1,516 |
33,888 |
Netherlands
— 7.2% | ||
ABN
AMRO Bank NV, CVA (a) |
737 |
7,245 |
Adyen
NV *
(a) |
43 |
61,387 |
Aegon
NV |
2,742 |
12,693 |
Akzo
Nobel NV |
247 |
15,249 |
Argenx
SE * |
111 |
43,096 |
ASM
International NV |
35 |
7,743 |
ASML
Holding NV |
951 |
446,102 |
ASR
Nederland NV |
754 |
33,201 |
Heijmans
NV, CVA |
1,725 |
17,480 |
ING
Groep NV |
4,126 |
40,598 |
Koninklijke
Ahold Delhaize NV |
3,967 |
110,633 |
Koninklijke
BAM Groep NV * |
6,479 |
14,140 |
Koninklijke
DSM NV |
308 |
36,230 |
Koninklijke
KPN NV |
23,636 |
66,112 |
NN
Group NV |
1,808 |
76,555 |
Randstad
NV |
389 |
19,387 |
Shell
plc |
17,392 |
481,786 |
Wolters
Kluwer NV |
1,253 |
133,142 |
|
|
1,622,779 |
Norway
— 0.9% | ||
DNB
Bank ASA |
1,794 |
31,730 |
Elkem
ASA (a) |
5,946 |
19,754 |
Equinor
ASA |
2,516 |
91,667 |
Norsk
Hydro ASA |
4,600 |
29,193 |
76
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Norway
— continued | ||
SpareBank
1 Nord Norge |
2,902 |
24,080 |
SpareBank
1 SMN |
803 |
8,668 |
|
|
205,092 |
Singapore
— 1.5% | ||
DBS
Group Holdings Ltd. |
10,100 |
244,181 |
Oversea-Chinese
Banking Corp. Ltd. |
6,200 |
53,221 |
Sea
Ltd., ADR * |
183 |
9,091 |
United
Overseas Bank Ltd. |
1,000 |
19,619 |
|
|
326,112 |
South
Africa — 0.6% | ||
Anglo
American plc |
4,216 |
126,287 |
South
Korea — 0.5% | ||
Delivery
Hero SE *
(a) |
827 |
27,216 |
Samsung
Electronics Co. Ltd., GDR (a) |
78 |
80,558 |
|
|
107,774 |
Spain
— 1.9% | ||
Banco
Bilbao Vizcaya Argentaria SA |
15,929 |
82,174 |
Banco
Santander SA |
12,143 |
31,493 |
CaixaBank
SA |
4,264 |
14,140 |
Corp.
ACCIONA Energias Renovables SA |
228 |
8,965 |
Iberdrola
SA |
18,117 |
184,237 |
Industria
de Diseno Textil SA |
1,643 |
37,293 |
Repsol
SA |
3,130 |
42,582 |
Telefonica
SA |
7,030 |
24,234 |
|
|
425,118 |
Sweden
— 2.2% | ||
Assa
Abloy AB, Class B |
2,692 |
54,357 |
Atlas
Copco AB, Class A |
13,074 |
139,542 |
Boliden
AB |
1,489 |
43,302 |
Loomis
AB |
923 |
25,843 |
Securitas
AB, Class B |
1,831 |
14,961 |
Skandinaviska
Enskilda Banken AB, Class A |
2,286 |
24,102 |
SKF
AB, Class B |
1,112 |
16,097 |
SSAB
AB, Class B |
3,611 |
16,778 |
Svenska
Handelsbanken AB, Class A |
7,031 |
65,325 |
Volvo
AB, Class B |
5,492 |
89,887 |
|
|
490,194 |
Switzerland
— 5.1% | ||
ABB
Ltd. (Registered) |
1,416 |
39,323 |
Accelleron
Industries AG * |
70 |
1,187 |
Cie
Financiere Richemont SA (Registered) |
528 |
51,603 |
Givaudan
SA (Registered) |
5 |
14,935 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Switzerland
— continued | ||
Julius
Baer Group Ltd. |
1,013 |
48,603 |
Lonza
Group AG (Registered) |
324 |
166,790 |
Mobilezone
Holding AG (Registered) |
1,458 |
23,123 |
Novartis
AG (Registered) |
4,369 |
353,412 |
SGS
SA (Registered) |
20 |
44,090 |
Sika
AG (Registered) |
226 |
50,958 |
Straumann
Holding AG (Registered) |
268 |
25,506 |
Swiss
Life Holding AG (Registered) |
74 |
35,832 |
UBS
Group AG (Registered) |
8,397 |
133,127 |
Zurich
Insurance Group AG |
385 |
164,077 |
|
|
1,152,566 |
Taiwan
— 0.4% | ||
Taiwan
Semiconductor Manufacturing Co. Ltd., ADR |
1,369 |
84,262 |
United
Kingdom — 12.4% | ||
3i
Group plc |
5,081 |
67,671 |
Allfunds
Group plc |
1,845 |
11,603 |
AstraZeneca
plc |
2,884 |
338,386 |
Aviva
plc |
1,228 |
5,890 |
BAE
Systems plc |
1,831 |
17,126 |
Balfour
Beatty plc |
7,457 |
25,535 |
Barclays
plc |
41,542 |
70,590 |
Berkeley
Group Holdings plc |
778 |
30,955 |
BP
plc |
46,909 |
259,529 |
British
American Tobacco plc |
1,927 |
76,104 |
Centrica
plc |
37,771 |
33,190 |
CK
Hutchison Holdings Ltd. |
7,000 |
34,845 |
Compass
Group plc |
1,357 |
28,581 |
Diageo
plc |
8,780 |
361,319 |
Drax
Group plc |
3,036 |
18,130 |
Haleon
plc * |
3,630 |
11,131 |
HSBC
Holdings plc |
26,911 |
138,109 |
Inchcape
plc |
3,445 |
29,389 |
InterContinental
Hotels Group plc |
524 |
28,155 |
Intertek
Group plc |
523 |
21,910 |
Investec
plc |
1,947 |
9,758 |
JD
Sports Fashion plc |
19,904 |
22,241 |
Legal
& General Group plc |
11,862 |
31,734 |
Linde
plc |
571 |
170,489 |
Lloyds
Banking Group plc |
185,338 |
89,012 |
London
Stock Exchange Group plc |
1,004 |
87,029 |
Man
Group plc |
8,713 |
21,675 |
Marks
& Spencer Group plc * |
11,914 |
14,429 |
Mitie
Group plc |
27,630 |
22,684 |
Morgan
Sindall Group plc |
862 |
15,210 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
77
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
NatWest
Group plc |
8,451 |
22,761 |
OSB
Group plc |
5,527 |
26,339 |
Reckitt
Benckiser Group plc |
1,302 |
86,406 |
RELX
plc |
7,757 |
208,357 |
Segro
plc, REIT |
1,261 |
11,349 |
SSE
plc |
2,509 |
44,838 |
Standard
Chartered plc |
9,889 |
59,084 |
Taylor
Wimpey plc |
8,971 |
9,645 |
Tesco
plc |
22,060 |
54,486 |
Unilever
plc |
2,346 |
106,636 |
Vistry
Group plc |
850 |
5,878 |
Vodafone
Group plc |
21,036 |
24,557 |
WPP
plc |
3,427 |
30,158 |
|
|
2,782,903 |
United
States — 8.5% | ||
CSL
Ltd. |
349 |
62,476 |
GSK
plc |
8,427 |
138,044 |
Nestle
SA (Registered) |
6,468 |
704,099 |
Roche
Holding AG |
1,902 |
631,081 |
Schneider
Electric SE |
1,911 |
241,658 |
Stellantis
NV |
7,649 |
103,197 |
Tenaris
SA |
1,635 |
25,590 |
|
|
1,906,145 |
Total
Common Stocks
(Cost
$26,943,499) |
|
21,937,205 |
Short-Term
Investments — 1.4% | ||
Investment
Companies — 1.4% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$316,955) |
316,955 |
316,955 |
Total
Investments — 99.2%
(Cost
$27,260,454) |
|
22,254,160 |
Other
Assets Less Liabilities — 0.8% |
|
172,716 |
NET
ASSETS — 100.0% |
|
22,426,876 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
ADR |
American
Depositary Receipt |
CVA |
Dutch
Certification |
GDR |
Global
Depositary Receipt |
OYJ |
Public
Limited Company |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
PT |
Limited
liability company |
REIT |
Real
Estate Investment Trust |
* |
Non-income
producing security.
|
(a) |
Security
exempt from registration pursuant to Regulation S under
the
Securities Act of 1933, as amended. Regulation S applies to
securities
offerings that are made outside of the United States and
do
not involve direct selling efforts in the United States and as
such
may have restrictions on resale. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
78
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
11.2% |
Pharmaceuticals |
10.9 |
Oil,
Gas & Consumable Fuels |
7.6 |
Insurance |
6.8 |
Metals
& Mining |
4.7 |
Automobiles |
3.4 |
Semiconductors
& Semiconductor Equipment |
3.2 |
Food
Products |
3.2 |
Capital
Markets |
3.1 |
Textiles,
Apparel & Luxury Goods |
2.9 |
Chemicals |
2.9 |
Beverages |
2.6 |
Professional
Services |
2.2 |
Machinery |
2.0 |
Diversified
Telecommunication Services |
1.9 |
Personal
Products |
1.8 |
Electrical
Equipment |
1.6 |
Trading
Companies & Distributors |
1.6 |
Household
Durables |
1.6 |
Health
Care Equipment & Supplies |
1.4 |
Construction
& Engineering |
1.4 |
Food
& Staples Retailing |
1.3 |
IT
Services |
1.3 |
Building
Products |
1.3 |
Electric
Utilities |
1.3 |
Industrial
Conglomerates |
1.1 |
Electronic
Equipment, Instruments & Components |
1.1 |
Others
(each less than 1.0%) |
13.2 |
Short-Term
Investments |
1.4 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
79
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.4% | ||
Aerospace
& Defense — 0.4% | ||
CAE,
Inc. * |
1,029,042 |
19,638,927 |
Airlines
— 0.3% | ||
Air
Canada * |
1,089,521 |
15,682,832 |
Auto
Components — 0.9% | ||
Magna
International, Inc. |
870,127 |
48,489,773 |
Banks
— 24.6% | ||
Bank
of Montreal (a) |
2,183,929 |
201,168,019 |
Bank
of Nova Scotia (The) |
3,862,501 |
186,696,290 |
Canadian
Imperial Bank of Commerce |
2,926,585 |
132,908,441 |
National
Bank of Canada |
1,089,397 |
74,175,113 |
Royal
Bank of Canada |
4,515,576 |
417,798,916 |
Toronto-Dominion
Bank (The) |
5,850,109 |
374,405,258 |
|
|
1,387,152,037 |
Capital
Markets — 3.9% | ||
Brookfield
Asset Management, Inc., Class A |
4,624,363 |
183,127,966 |
IGM
Financial, Inc. |
261,628 |
7,003,760 |
Onex
Corp. |
232,927 |
11,723,716 |
TMX
Group Ltd. |
180,037 |
17,309,242 |
|
|
219,164,684 |
Chemicals
— 2.6% | ||
Nutrien
Ltd. |
1,744,981 |
147,439,911 |
Commercial
Services & Supplies — 2.6% | ||
GFL
Environmental, Inc. (a) |
556,975 |
15,032,826 |
Ritchie
Bros Auctioneers, Inc. |
358,913 |
23,447,174 |
Waste
Connections, Inc. |
832,665 |
109,899,434 |
|
|
148,379,434 |
Construction
& Engineering — 1.0% | ||
SNC-Lavalin
Group, Inc. (a) |
568,440 |
9,842,918 |
WSP
Global, Inc. |
382,792 |
47,047,156 |
|
|
56,890,074 |
Containers
& Packaging — 0.4% | ||
CCL
Industries, Inc., Class B |
470,506 |
22,103,266 |
Diversified
Telecommunication Services — 1.3% | ||
BCE,
Inc. |
974,368 |
43,949,729 |
TELUS
Corp. |
1,514,977 |
31,637,315 |
|
|
75,587,044 |
Electric
Utilities — 2.1% | ||
Emera,
Inc. (a) |
859,731 |
31,862,457 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
Fortis,
Inc. (a) |
1,549,937 |
60,468,420 |
Hydro
One Ltd. (a)
(b) |
1,027,453 |
25,762,685 |
|
|
118,093,562 |
Equity
Real Estate Investment Trusts (REITs) — 0.3% | ||
Canadian
Apartment Properties |
274,593 |
8,503,746 |
RioCan (a) |
481,389 |
6,858,561 |
|
|
15,362,307 |
Food
& Staples Retailing — 4.1% | ||
Alimentation
Couche-Tard, Inc. |
2,549,074 |
114,136,245 |
Empire
Co. Ltd., Class A |
532,854 |
13,689,500 |
George
Weston Ltd. |
215,371 |
23,705,275 |
Loblaw
Cos. Ltd. |
498,529 |
40,845,456 |
Metro,
Inc. |
773,544 |
40,523,974 |
|
|
232,900,450 |
Food
Products — 0.3% | ||
Saputo,
Inc. (a) |
784,738 |
19,100,754 |
Gas
Utilities — 0.3% | ||
AltaGas
Ltd. |
910,013 |
16,412,096 |
Hotels,
Restaurants & Leisure — 1.0% | ||
Restaurant
Brands International, Inc. |
990,995 |
58,884,314 |
Independent
Power and Renewable Electricity Producers — 0.2% | ||
Brookfield
Renewable Corp. |
412,673 |
12,822,291 |
Insurance
— 6.9% | ||
Fairfax
Financial Holdings Ltd. |
74,158 |
36,421,167 |
Great-West
Lifeco, Inc. |
874,927 |
20,255,586 |
iA
Financial Corp., Inc. |
343,079 |
19,093,662 |
Intact
Financial Corp. |
568,348 |
86,360,861 |
Manulife
Financial Corp. |
6,173,360 |
102,319,131 |
Power
Corp. of Canada |
1,829,259 |
45,424,327 |
Sun
Life Financial, Inc. |
1,897,651 |
80,594,625 |
|
|
390,469,359 |
IT
Services — 3.4% | ||
CGI,
Inc. * |
687,414 |
55,372,564 |
Nuvei
Corp. *
(b) |
210,437 |
6,333,113 |
Shopify,
Inc., Class A * |
3,841,608 |
131,714,691 |
|
|
193,420,368 |
Media
— 0.8% | ||
Quebecor,
Inc., Class B |
508,912 |
9,592,880 |
Shaw
Communications, Inc., Class B |
1,451,986 |
37,292,172 |
|
|
46,885,052 |
80
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Metals
& Mining — 7.0% | ||
Agnico
Eagle Mines Ltd. (a) |
1,477,206 |
64,982,534 |
Barrick
Gold Corp. |
5,732,487 |
86,217,682 |
First
Quantum Minerals Ltd. |
1,814,337 |
32,002,436 |
Franco-Nevada
Corp. |
620,235 |
76,635,342 |
Ivanhoe
Mines Ltd., Class A * |
1,844,205 |
12,792,408 |
Kinross
Gold Corp. (a) |
4,209,409 |
15,263,684 |
Lundin
Mining Corp. |
2,193,710 |
11,497,111 |
Teck
Resources Ltd., Class B |
1,503,460 |
45,765,395 |
Wheaton
Precious Metals Corp. |
1,462,543 |
47,847,867 |
|
|
393,004,459 |
Multiline
Retail — 1.3% | ||
Canadian
Tire Corp. Ltd., Class A (a) |
179,906 |
20,163,575 |
Dollarama,
Inc. |
933,009 |
55,438,822 |
|
|
75,602,397 |
Multi-Utilities
— 0.6% | ||
Algonquin
Power & Utilities Corp. (a) |
2,181,304 |
24,145,090 |
Canadian
Utilities Ltd., Class A |
384,025 |
10,218,304 |
|
|
34,363,394 |
Oil,
Gas & Consumable Fuels — 19.4% | ||
ARC
Resources Ltd. |
2,152,197 |
30,299,951 |
Cameco
Corp. |
1,385,986 |
32,870,560 |
Canadian
Natural Resources Ltd. |
3,638,167 |
218,207,234 |
Cenovus
Energy, Inc. |
4,501,932 |
91,006,869 |
Enbridge,
Inc. |
6,556,051 |
255,437,433 |
Imperial
Oil Ltd. |
633,956 |
34,486,350 |
Keyera
Corp. (a) |
715,657 |
15,339,072 |
Pembina
Pipeline Corp. (a) |
1,797,726 |
59,354,583 |
Suncor
Energy, Inc. |
4,468,693 |
153,707,163 |
TC
Energy Corp. |
3,276,537 |
143,918,945 |
Tourmaline
Oil Corp. |
1,022,395 |
57,605,637 |
|
|
1,092,233,797 |
Paper
& Forest Products — 0.3% | ||
West
Fraser Timber Co. Ltd. |
199,189 |
14,955,806 |
Pharmaceuticals
— 0.1% | ||
Bausch
Health Cos., Inc. *
(a) |
935,070 |
6,081,198 |
Professional
Services — 1.0% | ||
Thomson
Reuters Corp. |
516,501 |
54,931,427 |
Real
Estate Management & Development — 0.3% | ||
FirstService
Corp. |
125,919 |
15,741,377 |
Road
& Rail — 8.6% | ||
Canadian
National Railway Co. |
1,994,715 |
236,317,393 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Road
& Rail — continued | ||
Canadian
Pacific Railway Ltd. |
3,010,842 |
224,451,216 |
TFI
International, Inc. |
257,831 |
23,469,463 |
|
|
484,238,072 |
Software
— 2.1% | ||
Constellation
Software, Inc. |
63,825 |
92,287,760 |
Open
Text Corp. |
872,687 |
25,277,079 |
|
|
117,564,839 |
Textiles,
Apparel & Luxury Goods — 0.3% | ||
Gildan
Activewear, Inc. |
591,725 |
18,672,337 |
Trading
Companies & Distributors — 0.2% | ||
Finning
International, Inc. |
499,843 |
10,629,025 |
Wireless
Telecommunication Services — 0.8% | ||
Rogers
Communications, Inc., Class B |
1,134,741 |
47,235,411 |
Total
Common Stocks
(Cost
$5,041,664,833) |
|
5,610,132,074 |
Short-Term
Investments — 8.0% | ||
Investment
of Cash Collateral from Securities Loaned — 8.0% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
111,362,203 |
111,362,203 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d) |
339,229,246 |
339,229,246 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$450,591,449) |
|
450,591,449 |
Total
Investments — 107.4%
(Cost
$5,492,256,282) |
|
6,060,723,523 |
Liabilities
in Excess of Other Assets —
(7.4)% |
|
(416,450,228) |
NET
ASSETS — 100.0% |
|
5,644,273,295 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$267,554,005. |
(b) |
Security
exempt from registration pursuant to Regulation S under
the
Securities Act of 1933, as amended. Regulation S applies to
securities
offerings that are made outside of the United States and
do
not involve direct selling efforts in the United States and as
such
may have restrictions on
resale. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
81
|
(c) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(d) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
/ TSX 60 Index |
180 |
12/15/2022 |
CAD |
31,144,420 |
530,645 |
Abbreviations |
|
CAD |
Canadian
Dollar |
TSX |
Toronto
Stock Exchange |
82
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.6% | ||
Australia
— 59.0% | ||
Alumina
Ltd. |
5,020,569 |
4,339,011 |
Ampol
Ltd. |
509,034 |
8,878,481 |
APA
Group |
2,520,352 |
16,967,993 |
Aristocrat
Leisure Ltd. |
1,420,621 |
33,719,806 |
ASX
Ltd. |
413,534 |
17,917,795 |
Aurizon
Holdings Ltd. |
3,931,899 |
9,111,653 |
Australia
& New Zealand Banking Group Ltd. |
6,386,729 |
104,638,500 |
Bendigo
& Adelaide Bank Ltd. |
1,206,919 |
6,967,076 |
BHP
Group Ltd. |
10,813,552 |
259,743,725 |
BlueScope
Steel Ltd. |
1,005,248 |
10,122,832 |
Brambles
Ltd. |
2,962,298 |
22,177,949 |
Challenger
Ltd. |
1,253,311 |
5,631,542 |
Cochlear
Ltd. |
140,501 |
17,948,117 |
Coles
Group Ltd. |
2,854,425 |
29,844,911 |
Commonwealth
Bank of Australia |
3,645,000 |
244,385,562 |
Dexus,
REIT |
2,297,498 |
11,448,669 |
Domino's
Pizza Enterprises Ltd. |
134,966 |
5,503,060 |
Endeavour
Group Ltd. |
2,677,980 |
12,257,934 |
Evolution
Mining Ltd. |
3,915,463 |
5,194,057 |
Fortescue
Metals Group Ltd. |
3,617,312 |
34,078,716 |
Goodman
Group, REIT |
3,631,523 |
39,513,550 |
GPT
Group (The), REIT |
4,091,837 |
11,308,062 |
Harvey
Norman Holdings Ltd. |
1,384,018 |
3,681,890 |
IDP
Education Ltd. |
445,913 |
8,412,950 |
IGO
Ltd. |
1,439,561 |
14,078,839 |
Incitec
Pivot Ltd. |
4,148,758 |
9,977,562 |
Insurance
Australia Group Ltd. |
5,265,665 |
16,528,595 |
LendLease
Corp. Ltd. |
1,471,563 |
8,183,013 |
Macquarie
Group Ltd. |
776,012 |
84,183,963 |
Medibank
Pvt Ltd. |
5,882,785 |
10,592,951 |
Mineral
Resources Ltd. |
356,027 |
16,691,194 |
Mirvac
Group, REIT |
8,428,690 |
11,167,729 |
National
Australia Bank Ltd. |
6,780,642 |
140,847,816 |
Newcrest
Mining Ltd. |
1,907,788 |
21,129,288 |
Northern
Star Resources Ltd. |
2,488,809 |
13,890,288 |
Orica
Ltd. |
961,499 |
8,552,769 |
Origin
Energy Ltd. |
3,679,933 |
13,146,855 |
Qantas
Airways Ltd. * |
1,974,090 |
7,376,717 |
QBE
Insurance Group Ltd. |
3,168,363 |
24,824,005 |
Ramsay
Health Care Ltd. |
396,017 |
14,854,271 |
REA
Group Ltd. |
110,064 |
8,530,612 |
Reece
Ltd. |
455,362 |
4,521,686 |
Rio
Tinto Ltd. |
792,951 |
44,999,680 |
Santos
Ltd. |
7,167,527 |
34,989,422 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Australia
— continued | ||
Scentre
Group, REIT |
11,087,090 |
20,633,325 |
SEEK
Ltd. |
757,709 |
10,430,526 |
Seven
Group Holdings Ltd. |
333,660 |
3,912,637 |
Sonic
Healthcare Ltd. |
1,025,519 |
21,469,738 |
South32
Ltd. |
9,886,721 |
22,682,801 |
Stockland,
REIT |
5,099,202 |
11,749,069 |
Suncorp
Group Ltd. |
2,697,033 |
19,728,836 |
Tabcorp
Holdings Ltd. |
4,754,438 |
2,935,299 |
Telstra
Group Ltd. |
8,638,432 |
21,660,246 |
TPG
Telecom Ltd. |
913,495 |
2,865,635 |
Transurban
Group |
6,559,310 |
55,642,281 |
Treasury
Wine Estates Ltd. |
1,541,927 |
12,777,600 |
Vicinity
Ltd., REIT |
8,265,441 |
10,304,228 |
Washington
H Soul Pattinson & Co. Ltd. |
524,319 |
9,383,247 |
Wesfarmers
Ltd. |
2,421,978 |
70,283,493 |
Westpac
Banking Corp. |
7,478,707 |
115,478,472 |
WiseTech
Global Ltd. |
369,512 |
13,665,664 |
Woodside
Energy Group Ltd. |
4,055,894 |
93,766,053 |
Woolworths
Group Ltd. |
2,592,995 |
54,758,339 |
Worley
Ltd. |
794,279 |
7,255,035 |
|
|
2,014,243,620 |
China
— 2.3% | ||
Budweiser
Brewing Co. APAC Ltd. (a) |
3,677,500 |
7,740,122 |
ESR
Cayman Ltd. (a) |
5,222,400 |
8,906,031 |
Wharf
Holdings Ltd. (The) |
2,610,000 |
7,473,725 |
Wilmar
International Ltd. |
6,685,200 |
18,314,458 |
Wuxi
Biologics Cayman, Inc. *
(a) |
7,651,000 |
34,426,764 |
|
|
76,861,100 |
Hong
Kong — 16.9% | ||
AIA
Group Ltd. |
25,494,000 |
193,111,800 |
CK
Asset Holdings Ltd. |
4,201,000 |
23,225,527 |
CK
Infrastructure Holdings Ltd. |
1,291,000 |
6,133,186 |
CLP
Holdings Ltd. |
3,562,000 |
23,907,456 |
DFI
Retail Group Holdings Ltd. |
635,800 |
1,425,401 |
Hang
Lung Properties Ltd. |
3,941,000 |
4,957,633 |
Hang
Seng Bank Ltd. (b) |
1,551,600 |
21,843,101 |
Henderson
Land Development Co. Ltd. |
2,789,700 |
6,829,912 |
HK
Electric Investments & HK Electric
Investments
Ltd. (a) |
4,906,500 |
3,119,619 |
HKT
Trust & HKT Ltd. |
7,773,000 |
8,790,828 |
Hong
Kong & China Gas Co. Ltd. |
23,118,789 |
17,819,262 |
Hong
Kong Exchanges & Clearing Ltd. |
2,545,800 |
67,574,745 |
Jardine
Matheson Holdings Ltd. |
519,000 |
23,909,294 |
Link,
REIT |
4,510,800 |
26,661,611 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
83
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Hong
Kong — continued | ||
MTR
Corp. Ltd. |
3,309,500 |
14,562,434 |
New
World Development Co. Ltd. |
2,958,250 |
6,051,027 |
Power
Assets Holdings Ltd. |
2,917,000 |
13,947,775 |
Sino
Land Co. Ltd. |
6,920,000 |
7,389,287 |
Sun
Hung Kai Properties Ltd. |
3,218,500 |
34,587,038 |
Swire
Pacific Ltd., Class B |
1,847,500 |
1,903,755 |
Swire
Pacific Ltd., Class A |
984,500 |
6,530,697 |
Swire
Properties Ltd. |
2,249,200 |
4,322,768 |
Techtronic
Industries Co. Ltd. |
3,919,500 |
37,112,839 |
WH
Group Ltd. (a) |
16,718,191 |
8,442,874 |
Wharf
Real Estate Investment Co. Ltd. |
3,307,000 |
13,029,779 |
|
|
577,189,648 |
Macau
— 0.9% | ||
Galaxy
Entertainment Group Ltd. |
4,285,000 |
19,576,663 |
Sands
China Ltd. * |
5,185,779 |
9,065,906 |
|
|
28,642,569 |
New
Zealand — 1.9% | ||
Auckland
International Airport Ltd. * |
2,579,538 |
11,531,625 |
Contact
Energy Ltd. |
1,667,511 |
7,314,380 |
Fisher
& Paykel Healthcare Corp. Ltd. |
1,233,240 |
14,015,801 |
Fletcher
Building Ltd. |
1,672,648 |
4,994,412 |
Mercury
NZ Ltd. |
1,387,313 |
4,690,913 |
Meridian
Energy Ltd. |
2,587,773 |
7,335,293 |
Ryman
Healthcare Ltd. |
897,154 |
4,369,397 |
Spark
New Zealand Ltd. |
3,997,869 |
11,900,706 |
|
|
66,152,527 |
Singapore
— 11.2% | ||
CapitaLand
Ascendas REIT, REIT |
7,178,828 |
13,282,210 |
CapitaLand
Integrated Commercial Trust,
REIT |
10,755,732 |
14,274,521 |
Capitaland
Investment Ltd. |
5,243,800 |
11,151,707 |
City
Developments Ltd. |
1,085,100 |
5,850,441 |
DBS
Group Holdings Ltd. |
3,897,900 |
94,236,867 |
Frasers
Property Ltd. |
1,090,400 |
689,395 |
Genting
Singapore Ltd. |
12,141,800 |
6,904,708 |
Great
Eastern Holdings Ltd. |
121,000 |
1,529,895 |
Jardine
Cycle & Carriage Ltd. |
211,300 |
4,438,073 |
Keppel
Corp. Ltd. |
2,974,400 |
14,640,053 |
Mapletree
Pan Asia Commercial Trust, REIT |
4,919,000 |
5,520,151 |
Olam
Group Ltd. |
2,298,400 |
2,176,015 |
Oversea-Chinese
Banking Corp. Ltd. |
8,649,200 |
74,245,517 |
SATS
Ltd. * |
1,414,300 |
2,729,981 |
Singapore
Airlines Ltd. * |
2,789,100 |
10,345,632 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Singapore
— continued | ||
Singapore
Exchange Ltd. |
1,756,600 |
10,445,856 |
Singapore
Technologies Engineering Ltd. |
3,327,500 |
7,757,523 |
Singapore
Telecommunications Ltd. |
15,162,800 |
26,697,842 |
United
Overseas Bank Ltd. |
3,290,800 |
64,561,539 |
UOL
Group Ltd. |
992,100 |
4,333,285 |
Venture
Corp. Ltd. |
578,000 |
6,504,436 |
|
|
382,315,647 |
United
Kingdom — 0.8% | ||
CK
Hutchison Holdings Ltd. |
5,732,500 |
28,535,432 |
United
States — 6.6% | ||
Computershare
Ltd. |
1,225,134 |
19,832,524 |
CSL
Ltd. |
1,028,962 |
184,200,108 |
James
Hardie Industries plc, CHDI |
951,457 |
20,773,144 |
|
|
224,805,776 |
Total
Common Stocks
(Cost
$4,002,360,290) |
|
3,398,746,319 |
Short-Term
Investments — 0.0% ^ | ||
Investment
of Cash Collateral from Securities Loaned — 0.0%
^ | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
54,455 |
54,456 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d) |
135,282 |
135,282 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$189,705) |
|
189,738 |
Total
Investments — 99.6%
(Cost
$4,002,549,995) |
|
3,398,936,057 |
Other
Assets Less Liabilities — 0.4% |
|
13,074,847 |
NET
ASSETS — 100.0% |
|
3,412,010,904 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
APAC |
Asia
Pacific |
CHDI |
Clearing
House Electronic Subregister System (CHESS) Depository
Interest |
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
84
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
(a) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(b) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $228,806. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
25.5% |
Metals
& Mining |
13.2 |
Insurance |
7.8 |
Biotechnology |
5.4 |
Capital
Markets |
5.3 |
Equity
Real Estate Investment Trusts (REITs) |
5.2 |
Real
Estate Management & Development |
4.6 |
Oil,
Gas & Consumable Fuels |
4.3 |
Food
& Staples Retailing |
3.0 |
Hotels,
Restaurants & Leisure |
2.3 |
Multiline
Retail |
2.2 |
Electric
Utilities |
2.1 |
Diversified
Telecommunication Services |
2.1 |
Industrial
Conglomerates |
2.1 |
Transportation
Infrastructure |
2.1 |
Health
Care Providers & Services |
1.2 |
Machinery |
1.1 |
Gas
Utilities |
1.0 |
Life
Sciences Tools & Services |
1.0 |
Others
(each less than 1.0%) |
8.5 |
Short-Term
Investments |
0.0(a) |
| |
(a) |
Amount
rounds to less than
0.1%. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
85
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
Singapore Index |
213 |
11/29/2022 |
SGD |
4,201,770 |
196,203 |
SPI
200 Index |
71 |
12/15/2022 |
AUD |
7,795,510 |
166,901 |
|
|
|
|
|
363,104 |
Abbreviations |
|
AUD |
Australian
Dollar |
MSCI |
Morgan
Stanley Capital International |
SGD |
Singapore
Dollar |
SPI |
Australian
Securities Exchange |
86
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.8% | ||
Australia
— 1.7% | ||
Flutter
Entertainment plc * |
62,521 |
8,257,108 |
Glencore
plc |
4,950,252 |
28,380,160 |
Rio
Tinto plc |
433,792 |
22,670,687 |
|
|
59,307,955 |
Austria
— 0.5% | ||
ANDRITZ
AG |
29,333 |
1,363,296 |
BAWAG
Group AG *
(a) |
36,447 |
1,759,510 |
Erste
Group Bank AG |
145,855 |
3,594,589 |
EVN
AG |
15,514 |
258,096 |
Mondi
plc |
198,524 |
3,330,930 |
OMV
AG |
58,888 |
2,711,403 |
Raiffeisen
Bank International AG |
55,139 |
766,831 |
Strabag
SE |
5,864 |
225,140 |
Telekom
Austria AG * |
56,922 |
330,884 |
Verbund
AG (b) |
13,213 |
1,035,039 |
Vienna
Insurance Group AG Wiener
Versicherung
Gruppe |
14,651 |
327,682 |
voestalpine
AG |
45,266 |
982,738 |
|
|
16,686,138 |
Belgium
— 1.5% | ||
Ackermans
& van Haaren NV |
9,165 |
1,276,882 |
Ageas
SA |
72,919 |
2,524,324 |
Anheuser-Busch
InBev SA |
404,864 |
20,251,464 |
Azelis
Group NV |
28,669 |
656,146 |
D'ieteren
Group |
9,255 |
1,540,293 |
Elia
Group SA/NV |
14,713 |
1,860,200 |
Etablissements
Franz Colruyt NV |
22,970 |
553,672 |
Groupe
Bruxelles Lambert NV |
41,288 |
3,044,017 |
KBC
Group NV |
138,084 |
6,920,185 |
Proximus
SADP |
63,593 |
666,692 |
Sofina
SA |
6,439 |
1,255,598 |
Solvay
SA |
29,874 |
2,695,857 |
Telenet
Group Holding NV |
19,371 |
295,335 |
UCB
SA |
51,699 |
3,896,442 |
Umicore
SA |
84,644 |
2,790,367 |
Warehouses
De Pauw CVA, REIT |
57,986 |
1,488,265 |
|
|
51,715,739 |
Brazil
— 0.1% | ||
Yara
International ASA |
66,645 |
2,974,463 |
Chile
— 0.0% ^ | ||
Antofagasta
plc |
141,074 |
1,901,032 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— 0.6% | ||
Prosus
NV * |
491,782 |
21,265,488 |
Denmark
— 4.1% | ||
AP
Moller - Maersk A/S, Class A |
1,225 |
2,450,840 |
AP
Moller - Maersk A/S, Class B |
2,267 |
4,736,155 |
Carlsberg
A/S, Class B |
40,253 |
4,739,618 |
Chr
Hansen Holding A/S |
42,053 |
2,335,669 |
Coloplast
A/S, Class B |
48,575 |
5,414,664 |
Danske
Bank A/S |
278,497 |
4,492,433 |
Demant
A/S * |
39,567 |
1,080,467 |
DSV
A/S |
78,459 |
10,602,029 |
Genmab
A/S * |
26,882 |
10,355,154 |
Novo
Nordisk A/S, Class B |
669,770 |
72,824,936 |
Novozymes
A/S, Class B |
85,500 |
4,487,947 |
Orsted
A/S (a) |
77,364 |
6,382,975 |
Pandora
A/S |
39,040 |
2,053,641 |
Tryg
A/S |
147,226 |
3,184,386 |
Vestas
Wind Systems A/S |
412,910 |
8,139,970 |
|
|
143,280,884 |
Finland
— 2.1% | ||
Elisa
OYJ |
61,575 |
2,975,694 |
Fortum
OYJ |
177,976 |
2,504,885 |
Huhtamaki
OYJ |
39,199 |
1,408,788 |
Kesko
OYJ, Class A |
38,583 |
742,003 |
Kesko
OYJ, Class B |
111,679 |
2,173,349 |
Kone
OYJ, Class B |
164,925 |
6,752,986 |
Metso
Outotec OYJ |
288,110 |
2,186,496 |
Neste
OYJ |
176,143 |
7,720,082 |
Nokia
OYJ |
2,212,686 |
9,832,996 |
Nordea
Bank Abp |
1,350,431 |
12,900,019 |
Orion
OYJ, Class A |
12,259 |
562,134 |
Orion
OYJ, Class B |
43,615 |
2,007,086 |
Sampo
OYJ, Class A |
202,721 |
9,269,978 |
Stora
Enso OYJ, Class A (b) |
20,904 |
304,711 |
Stora
Enso OYJ, Class R |
250,381 |
3,264,671 |
UPM-Kymmene
OYJ |
218,248 |
7,336,945 |
Wartsila
OYJ Abp |
198,391 |
1,352,486 |
|
|
73,295,309 |
France
— 15.9% | ||
Adevinta
ASA * |
109,609 |
750,314 |
Aeroports
de Paris *
(b) |
11,330 |
1,532,164 |
Air
Liquide SA |
213,958 |
27,988,651 |
Airbus
SE |
251,374 |
27,199,616 |
Alstom
SA |
125,329 |
2,579,427 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
87
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
France
— continued | ||
Amundi
SA (a) |
25,010 |
1,179,971 |
Arkema
SA |
26,112 |
2,066,453 |
AXA
SA |
811,992 |
20,052,067 |
BioMerieux |
20,072 |
1,775,943 |
BNP
Paribas SA |
464,332 |
21,774,348 |
Bollore
SE |
373,970 |
1,870,427 |
Bouygues
SA |
86,010 |
2,453,967 |
Bureau
Veritas SA |
118,368 |
2,928,457 |
Capgemini
SE |
64,135 |
10,511,140 |
Carrefour
SA (b) |
239,722 |
3,858,435 |
Cie
de Saint-Gobain |
212,654 |
8,693,502 |
Cie
Generale des Etablissements Michelin
SCA |
291,999 |
7,441,321 |
Covivio,
REIT |
18,963 |
1,015,310 |
Credit
Agricole SA |
556,760 |
5,051,852 |
Danone
SA |
259,741 |
12,909,002 |
Dassault
Aviation SA |
9,587 |
1,423,847 |
Dassault
Systemes SE |
283,428 |
9,500,160 |
Edenred |
102,049 |
5,231,666 |
Eiffage
SA |
32,070 |
2,899,827 |
Electricite
de France SA |
254,259 |
3,002,790 |
Engie
SA |
756,765 |
9,832,925 |
EssilorLuxottica
SA |
124,409 |
19,672,575 |
Gecina
SA, REIT |
22,213 |
1,980,380 |
Getlink
SE |
164,172 |
2,597,941 |
Hermes
International |
14,259 |
18,456,649 |
Ipsen
SA |
16,438 |
1,689,298 |
Kering
SA |
29,611 |
13,560,692 |
Legrand
SA |
109,104 |
8,314,238 |
L'Oreal
SA |
103,130 |
32,383,273 |
LVMH
Moet Hennessy Louis Vuitton SE |
106,995 |
67,513,299 |
Orange
SA |
772,262 |
7,358,047 |
Pernod
Ricard SA |
83,323 |
14,624,128 |
Publicis
Groupe SA |
96,521 |
5,405,600 |
Safran
SA |
143,246 |
15,953,305 |
Sanofi |
471,618 |
40,586,437 |
Sartorius
Stedim Biotech |
9,796 |
3,108,652 |
Societe
Generale SA |
323,167 |
7,412,495 |
Sodexo
SA |
34,350 |
3,042,805 |
Teleperformance |
24,178 |
6,478,010 |
Thales
SA |
43,633 |
5,549,244 |
TotalEnergies
SE |
1,006,669 |
54,917,183 |
Unibail-Rodamco-Westfield,
REIT * |
43,688 |
2,064,677 |
Veolia
Environnement SA |
269,275 |
6,009,147 |
Vinci
SA |
219,910 |
20,239,861 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
France
— continued | ||
Vivendi
SE |
330,894 |
2,708,361 |
Worldline
SA *
(a) |
102,204 |
4,460,846 |
|
|
561,610,725 |
Germany
— 11.2% | ||
adidas
AG |
73,039 |
7,129,711 |
Allianz
SE (Registered) |
166,999 |
30,043,874 |
Aroundtown
SA |
377,081 |
747,467 |
BASF
SE |
375,549 |
16,851,138 |
Bayer
AG (Registered) |
401,685 |
21,121,029 |
Bayerische
Motoren Werke AG |
130,450 |
10,239,274 |
Bayerische
Motoren Werke AG (Preference) |
24,289 |
1,791,165 |
Beiersdorf
AG |
40,197 |
3,858,720 |
Brenntag
SE |
63,170 |
3,832,925 |
Carl
Zeiss Meditec AG |
14,976 |
1,812,744 |
Commerzbank
AG * |
430,155 |
3,436,812 |
Continental
AG |
44,176 |
2,288,127 |
Covestro
AG (a) |
79,010 |
2,682,076 |
Daimler
Truck Holding AG * |
211,992 |
5,654,375 |
Deutsche
Bank AG (Registered) |
845,098 |
8,055,260 |
Deutsche
Boerse AG |
77,688 |
12,633,605 |
Deutsche
Lufthansa AG (Registered) * |
244,407 |
1,671,013 |
Deutsche
Post AG (Registered) |
405,311 |
14,327,674 |
Deutsche
Telekom AG (Registered) |
1,427,234 |
26,939,754 |
Deutsche
Wohnen SE |
21,268 |
428,980 |
E.ON
SE |
918,017 |
7,687,469 |
Evonik
Industries AG |
83,852 |
1,544,699 |
Fresenius
Medical Care AG & Co. KGaA |
81,485 |
2,253,924 |
Fresenius
SE & Co. KGaA |
166,705 |
3,836,410 |
GEA
Group AG |
67,159 |
2,347,507 |
Hannover
Rueck SE |
24,639 |
4,009,359 |
HeidelbergCement
AG |
59,208 |
2,722,787 |
Henkel
AG & Co. KGaA |
40,370 |
2,369,925 |
Henkel
AG & Co. KGaA (Preference) |
72,847 |
4,589,260 |
Infineon
Technologies AG |
533,977 |
12,957,209 |
KION
Group AG |
29,707 |
658,613 |
Mercedes-Benz
Group AG |
319,345 |
18,484,197 |
Merck
KGaA |
52,835 |
8,610,263 |
MTU
Aero Engines AG |
21,849 |
3,910,061 |
Muenchener
Rueckversicherungs-
Gesellschaft
AG (Registered) |
57,292 |
15,123,717 |
Porsche
Automobil Holding SE (Preference) |
62,598 |
3,497,494 |
Puma
SE |
41,941 |
1,854,248 |
RWE
AG |
276,508 |
10,644,226 |
SAP
SE |
447,081 |
43,032,833 |
88
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Germany
— continued | ||
Sartorius
AG (Preference) |
11,036 |
3,891,189 |
Siemens
AG (Registered) |
305,848 |
33,401,365 |
Siemens
Energy AG (b) |
163,415 |
1,905,031 |
Siemens
Healthineers AG (a) |
115,289 |
5,281,687 |
Symrise
AG |
54,290 |
5,541,519 |
Talanx
AG |
21,750 |
816,808 |
Telefonica
Deutschland Holding AG |
377,041 |
821,535 |
TUI
AG *
(b) |
532,878 |
804,208 |
Uniper
SE (b) |
32,934 |
98,586 |
Volkswagen
AG (Preference) |
75,049 |
9,606,379 |
Vonovia
SE |
325,407 |
7,194,949 |
Zalando
SE *
(a) (b) |
91,121 |
2,100,174 |
|
|
397,143,354 |
Hong
Kong — 0.3% | ||
Prudential
plc |
1,124,183 |
10,443,291 |
Ireland
— 0.7% | ||
CRH
plc |
314,093 |
11,312,957 |
Kerry
Group plc, Class A |
63,673 |
5,530,313 |
Kingspan
Group plc |
63,132 |
3,182,908 |
Smurfit
Kappa Group plc |
106,379 |
3,521,462 |
|
|
23,547,640 |
Italy
— 3.3% | ||
A2A
SpA |
641,837 |
711,694 |
Amplifon
SpA |
37,956 |
942,978 |
Assicurazioni
Generali SpA |
493,029 |
7,398,943 |
Atlantia
SpA |
205,984 |
4,594,993 |
Banca
Mediolanum SpA |
88,165 |
659,643 |
Banco
BPM SpA |
619,550 |
1,874,459 |
Buzzi
Unicem SpA |
38,609 |
640,785 |
Coca-Cola
HBC AG |
83,325 |
1,820,095 |
Davide
Campari-Milano NV |
218,482 |
1,962,040 |
DiaSorin
SpA (b) |
10,742 |
1,404,363 |
Enel
SpA |
3,159,355 |
14,113,942 |
Eni
SpA |
1,032,017 |
13,554,237 |
Ferrari
NV (b) |
52,344 |
10,319,018 |
FinecoBank
Banca Fineco SpA |
249,459 |
3,361,609 |
Hera
SpA |
322,800 |
769,130 |
Infrastrutture
Wireless Italiane SpA (a) |
145,283 |
1,282,292 |
Intesa
Sanpaolo SpA |
7,232,942 |
13,789,824 |
Leonardo
SpA |
165,461 |
1,329,330 |
Mediobanca
Banca di Credito Finanziario
SpA |
265,183 |
2,402,450 |
Moncler
SpA |
85,044 |
3,669,159 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Italy
— continued | ||
Nexi
SpA *
(a) |
348,206 |
3,010,410 |
Pirelli
& C SpA (a) |
163,550 |
616,920 |
Poste
Italiane SpA (a) |
186,916 |
1,628,836 |
Prysmian
SpA |
109,623 |
3,568,024 |
Recordati
Industria Chimica e Farmaceutica
SpA |
41,033 |
1,541,672 |
Snam
SpA |
838,269 |
3,727,375 |
Telecom
Italia SpA *
(b) |
4,136,940 |
809,362 |
Telecom
Italia SpA * |
2,469,640 |
472,075 |
Terna
- Rete Elettrica Nazionale (b) |
575,302 |
3,815,212 |
UniCredit
SpA |
826,863 |
10,254,156 |
UnipolSai
Assicurazioni SpA |
173,880 |
392,060
|
|
|
116,437,086 |
Jordan
— 0.0% ^ | ||
Hikma
Pharmaceuticals plc |
72,631 |
1,042,635 |
Luxembourg
— 0.2% | ||
ArcelorMittal
SA |
233,290 |
5,214,887 |
Eurofins
Scientific SE |
52,722 |
3,374,990 |
RTL
Group SA |
15,285 |
518,864 |
|
|
9,108,741 |
Mexico
— 0.0% ^ | ||
Fresnillo
plc |
75,323 |
629,740 |
Netherlands
— 8.2% | ||
Adyen
NV *
(a) |
12,677 |
18,097,679 |
Aegon
NV |
578,785 |
2,679,290 |
Akzo
Nobel NV |
74,266 |
4,584,846 |
Argenx
SE * |
20,458 |
7,942,831 |
Argenx
SE * |
2,062 |
797,991 |
ASM
International NV |
18,933 |
4,188,354 |
ASML
Holding NV |
166,188 |
77,956,657 |
HAL
Trust |
36,235 |
4,174,860 |
Heineken
Holding NV |
44,742 |
3,052,935 |
Heineken
NV |
96,551 |
8,065,316 |
ING
Groep NV |
1,540,386 |
15,156,773 |
JDE
Peet's NV |
53,445 |
1,529,870 |
Koninklijke
Ahold Delhaize NV |
427,568 |
11,924,143 |
Koninklijke
DSM NV |
71,456 |
8,405,398 |
Koninklijke
KPN NV |
1,333,825 |
3,730,850 |
Koninklijke
Philips NV |
363,615 |
4,612,417 |
NN
Group NV |
126,767 |
5,367,629 |
Randstad
NV |
51,141 |
2,548,827 |
Shell
plc |
3,128,004 |
86,650,740 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
89
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Netherlands
— continued | ||
Universal
Music Group NV |
311,420 |
6,114,874 |
Wolters
Kluwer NV |
107,351 |
11,406,969 |
|
|
288,989,249 |
Norway
— 1.3% | ||
Aker
ASA, Class A |
9,724 |
686,162 |
Aker
BP ASA |
126,611 |
4,021,971 |
AutoStore
Holdings Ltd. *
(b) |
406,531 |
768,306 |
DNB
Bank ASA |
367,662 |
6,502,794 |
Equinor
ASA |
428,491 |
15,611,522 |
Gjensidige
Forsikring ASA |
77,688 |
1,420,038 |
Kongsberg
Gruppen ASA |
36,229 |
1,299,187 |
Leroy
Seafood Group ASA |
114,476 |
527,125 |
Mowi
ASA |
186,069 |
2,777,225 |
Norsk
Hydro ASA |
558,349 |
3,543,461 |
Orkla
ASA |
307,120 |
2,071,573 |
Salmar
ASA |
23,135 |
784,315 |
Schibsted
ASA, Class A |
30,309 |
467,789 |
Schibsted
ASA, Class B |
40,849 |
607,308 |
Storebrand
ASA |
192,967 |
1,501,159 |
Telenor
ASA |
263,211 |
2,392,027 |
TOMRA
Systems ASA |
95,621 |
1,544,432 |
Var
Energi ASA (b) |
163,325 |
555,142 |
|
|
47,081,536 |
Poland
— 0.4% | ||
Allegro.eu
SA *
(a) |
172,875 |
838,471 |
Bank
Polska Kasa Opieki SA |
71,910 |
1,178,566 |
Cyfrowy
Polsat SA |
99,377 |
372,076 |
Dino
Polska SA *
(a) |
19,633 |
1,281,492 |
ING
Bank Slaski SA |
13,284 |
462,852 |
KGHM
Polska Miedz SA |
55,618 |
1,111,944 |
LPP
SA |
406 |
703,496 |
PGE
Polska Grupa Energetyczna SA * |
348,627 |
397,347 |
Polski
Koncern Naftowy ORLEN SA |
156,246 |
1,794,255 |
Polskie
Gornictwo Naftowe i Gazownictwo
SA * |
663,140 |
704,405 |
Powszechna
Kasa Oszczednosci Bank Polski
SA |
352,670 |
1,921,831 |
Powszechny
Zaklad Ubezpieczen SA |
233,034 |
1,305,530 |
Santander
Bank Polska SA |
13,787 |
732,061 |
|
|
12,804,326 |
Portugal
— 0.3% | ||
EDP
- Energias de Portugal SA |
1,199,923 |
5,242,843 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Portugal
— continued | ||
Galp
Energia SGPS SA |
186,043 |
1,888,914 |
Jeronimo
Martins SGPS SA |
113,219 |
2,342,844 |
|
|
9,474,601 |
Russia
— 0.0% ^ | ||
Evraz
plc ‡ |
453,755 |
21,304
|
Singapore
— 0.2% | ||
STMicroelectronics
NV |
268,057 |
8,334,951 |
South
Africa — 0.5% | ||
Anglo
American plc |
546,921 |
16,382,590 |
South
Korea — 0.1% | ||
Delivery
Hero SE *
(a) (b) |
74,971 |
2,467,215 |
Spain
— 3.8% | ||
Acciona
SA |
10,077 |
1,814,482 |
ACS
Actividades de Construccion y Servicios
SA |
93,973 |
2,411,468 |
Aena
SME SA *
(a) |
30,048 |
3,531,588 |
Amadeus
IT Group SA * |
184,215 |
9,607,789 |
Banco
Bilbao Vizcaya Argentaria SA |
2,726,431 |
14,065,096 |
Banco
Santander SA (b) |
6,867,058 |
17,809,562 |
CaixaBank
SA |
1,779,798 |
5,901,890 |
Cellnex
Telecom SA (a) |
233,313 |
7,636,395 |
Corp.
ACCIONA Energias Renovables SA |
22,877 |
899,544 |
EDP
Renovaveis SA |
86,415 |
1,818,388 |
Enagas
SA |
101,776 |
1,652,222 |
Endesa
SA |
129,855 |
2,169,623 |
Ferrovial
SA |
203,970 |
4,984,694 |
Grifols
SA *
(b) |
120,240 |
1,022,952 |
Grifols
SA (Preference), Class B * |
106,890 |
668,485 |
Iberdrola
SA |
2,395,359 |
24,359,076 |
Industria
de Diseno Textil SA (b) |
458,770 |
10,413,257 |
Mapfre
SA |
403,744 |
692,499 |
Naturgy
Energy Group SA |
75,325 |
1,933,031 |
Red
Electrica Corp. SA |
177,002 |
2,863,134 |
Repsol
SA |
624,538 |
8,496,514 |
Siemens
Gamesa Renewable Energy SA * |
91,923 |
1,629,673 |
Telefonica
SA |
2,306,032 |
7,949,348 |
|
|
134,330,710 |
Sweden
— 5.2% | ||
Alfa
Laval AB |
120,135 |
2,957,162 |
Assa
Abloy AB, Class B |
405,507 |
8,188,030 |
Atlas
Copco AB, Class A |
1,043,399 |
11,136,462 |
Atlas
Copco AB, Class B |
638,230 |
6,172,426 |
90
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Sweden
— continued | ||
Axfood
AB |
44,340 |
1,097,797 |
Beijer
Ref AB (b) |
101,311 |
1,570,566 |
Boliden
AB |
111,828 |
3,252,061 |
Castellum
AB |
117,333 |
1,341,597 |
Electrolux
AB, Class B (b) |
92,169 |
1,137,105 |
Embracer
Group AB *
(b) |
334,735 |
1,610,328 |
Epiroc
AB, Class A |
255,976 |
3,918,598 |
Epiroc
AB, Class B |
159,453 |
2,141,005 |
EQT
AB (b) |
113,795 |
2,239,480 |
Essity
AB, Class A |
11,519 |
242,040 |
Essity
AB, Class B |
246,409 |
5,206,218 |
Evolution
AB (a) |
78,290 |
7,303,103 |
Fabege
AB |
109,541 |
795,267 |
Fastighets
AB Balder, Class B * |
258,003 |
968,452 |
Getinge
AB, Class B |
89,355 |
1,813,280 |
H
& M Hennes & Mauritz AB, Class B (b) |
292,664 |
2,947,759 |
Hexagon
AB, Class B |
870,169 |
8,602,401 |
Holmen
AB, Class B |
37,886 |
1,374,899 |
Husqvarna
AB, Class A |
9,515 |
56,768 |
Husqvarna
AB, Class B |
169,678 |
1,007,404 |
Industrivarden
AB, Class A |
74,636 |
1,690,348 |
Industrivarden
AB, Class C |
69,945 |
1,570,644 |
Indutrade
AB |
108,732 |
1,903,675 |
Intrum
AB |
30,494 |
383,681 |
Investment
AB Latour, Class B (b) |
55,699 |
940,883 |
Investor
AB, Class A |
229,421 |
3,901,251 |
Investor
AB, Class B |
744,977 |
12,158,485 |
Kinnevik
AB, Class A * |
3,470 |
43,479 |
Kinnevik
AB, Class B * |
99,243 |
1,225,993 |
L
E Lundbergforetagen AB, Class B |
26,094 |
1,029,868 |
Lifco
AB, Class B |
86,647 |
1,252,035 |
Nibe
Industrier AB, Class B |
626,962 |
5,001,134 |
Nordnet
AB publ |
66,440 |
823,048 |
Orron
Energy ab |
78,764 |
163,393 |
Saab
AB, Class B |
33,283 |
1,176,023 |
Sagax
AB, Class B |
76,766 |
1,414,594 |
Sagax
AB, Class D |
41,210 |
99,240 |
Samhallsbyggnadsbolaget
i Norden AB (b) |
437,512 |
601,091 |
Samhallsbyggnadsbolaget
i Norden AB,
Class
D (b) |
61,234 |
100,683 |
Sandvik
AB |
446,243 |
6,973,327 |
Securitas
AB, Class B (b) |
205,659 |
1,680,400 |
Skandinaviska
Enskilda Banken AB,
Class
C (b) |
5,903 |
67,364 |
Skandinaviska
Enskilda Banken AB, Class A |
695,966 |
7,337,844 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Sweden
— continued | ||
Skanska
AB, Class B |
163,644 |
2,544,884 |
SKF
AB, Class A (b) |
5,661 |
86,547 |
SKF
AB, Class B |
153,250 |
2,218,389 |
SSAB
AB, Class A |
90,905 |
437,259 |
SSAB
AB, Class B |
258,136 |
1,199,409 |
Storskogen
Group AB, Class B |
619,777 |
452,528 |
Svenska
Cellulosa AB SCA, Class A |
12,700 |
153,272 |
Svenska
Cellulosa AB SCA, Class B |
245,126 |
2,891,945 |
Svenska
Handelsbanken AB, Class B (b) |
14,397 |
157,431 |
Svenska
Handelsbanken AB, Class A |
628,190 |
5,836,535 |
Swedbank
AB, Class A |
374,906 |
5,589,117 |
Swedish
Match AB |
623,566 |
6,413,310 |
Tele2
AB, Class B |
224,742 |
1,841,990 |
Telefonaktiebolaget
LM Ericsson, Class A |
22,488 |
133,580 |
Telefonaktiebolaget
LM Ericsson, Class B |
1,256,278 |
6,984,083 |
Telia
Co. AB (b) |
1,003,320 |
2,658,563 |
Trelleborg
AB, Class B |
99,199 |
2,184,269 |
Vitrolife
AB |
30,473 |
492,501 |
Volvo
AB, Class A |
78,249 |
1,336,621 |
Volvo
AB, Class B |
649,513 |
10,630,538 |
Volvo
Car AB, Class B *
(b) |
219,291 |
930,689 |
|
|
183,792,151 |
Switzerland
— 8.8% | ||
ABB
Ltd. (Registered) |
698,930 |
19,409,497 |
Alcon,
Inc. |
204,338 |
12,441,199 |
Baloise
Holding AG (Registered) |
18,722 |
2,557,840 |
Barry
Callebaut AG (Registered) |
1,466 |
2,773,544 |
Chocoladefabriken
Lindt & Spruengli AG |
425 |
4,078,742 |
Chocoladefabriken
Lindt & Spruengli AG
(Registered) |
44 |
4,276,311 |
Cie
Financiere Richemont SA (Registered) |
213,447 |
20,860,934 |
Credit
Suisse Group AG (Registered) (b) |
1,029,680 |
4,265,412 |
EMS-Chemie
Holding AG (Registered) |
2,758 |
1,734,205 |
Geberit
AG (Registered) |
14,664 |
6,518,699 |
Givaudan
SA (Registered) |
3,247 |
9,698,601 |
Holcim
AG * |
231,686 |
10,526,039 |
Julius
Baer Group Ltd. |
87,419 |
4,194,265 |
Kuehne
+ Nagel International AG
(Registered) |
23,241 |
4,947,226 |
Lonza
Group AG (Registered) |
30,462 |
15,681,356 |
Mediclinic
International plc |
165,801 |
943,196 |
Novartis
AG (Registered) |
982,862 |
79,504,460 |
Partners
Group Holding AG |
9,263 |
8,314,318 |
Schindler
Holding AG |
16,664 |
2,717,331 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
91
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Switzerland
— continued | ||
Schindler
Holding AG (Registered) |
8,485 |
1,335,710 |
SGS
SA (Registered) |
2,480 |
5,467,189 |
Sika
AG (Registered) |
62,871 |
14,175,891 |
Sonova
Holding AG (Registered) |
21,701 |
5,129,330 |
Straumann
Holding AG (Registered) |
47,602 |
4,530,347 |
Swatch
Group AG (The) |
11,845 |
2,661,684 |
Swatch
Group AG (The) (Registered) |
22,483 |
939,311 |
Swiss
Life Holding AG (Registered) |
12,619 |
6,110,402 |
Swisscom
AG (Registered) |
10,385 |
5,128,001 |
Temenos
AG (Registered) |
27,532 |
1,639,773 |
UBS
Group AG (Registered) |
1,441,174 |
22,848,609 |
Zurich
Insurance Group AG |
61,520 |
26,218,222 |
|
|
311,627,644 |
United
Arab Emirates — 0.0% ^ | ||
NMC
Health plc ‡
* |
23,176 |
— |
United
Kingdom — 18.8% | ||
3i
Group plc |
397,965 |
5,300,249 |
abrdn
plc |
891,670 |
1,624,784 |
Admiral
Group plc |
111,590 |
2,580,592 |
Ashtead
Group plc |
183,715 |
9,570,280 |
Associated
British Foods plc |
145,666 |
2,257,720 |
AstraZeneca
plc |
633,566 |
74,337,688 |
Auto
Trader Group plc (a) |
396,227 |
2,371,728 |
AVEVA
Group plc |
50,621 |
1,811,637 |
Aviva
plc |
1,146,038 |
5,497,118 |
B&M
European Value Retail SA |
347,978 |
1,285,983 |
BAE
Systems plc |
1,318,562 |
12,333,262 |
Barclays
plc |
6,513,973 |
11,068,894 |
Barratt
Developments plc |
418,111 |
1,803,351 |
Berkeley
Group Holdings plc |
45,947 |
1,828,110 |
BP
plc |
8,529,940 |
47,192,817 |
British
American Tobacco plc |
914,077 |
36,100,075 |
British
Land Co. plc (The), REIT |
383,524 |
1,608,842 |
BT
Group plc |
2,853,120 |
4,251,810 |
Bunzl
plc |
138,039 |
4,498,075 |
Burberry
Group plc |
165,559 |
3,449,771 |
Centrica
plc |
2,415,508 |
2,122,535 |
CNH
Industrial NV |
407,245 |
5,268,562 |
Coca-Cola
Europacific Partners plc |
82,196 |
3,867,322 |
Compass
Group plc |
730,021 |
15,375,576 |
ConvaTec
Group plc (a) |
659,529 |
1,650,291 |
Croda
International plc |
58,281 |
4,515,006 |
Darktrace
plc * |
136,915 |
560,420 |
DCC
plc |
41,427 |
2,299,235 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Kingdom — continued | ||
Dechra
Pharmaceuticals plc |
46,500 |
1,397,895 |
Derwent
London plc, REIT |
45,889 |
1,135,722 |
Diageo
plc |
953,279 |
39,229,830 |
Direct
Line Insurance Group plc |
536,221 |
1,238,905 |
DS
Smith plc |
562,835 |
1,877,013 |
easyJet
plc * |
232,446 |
925,527 |
Entain
plc |
240,762 |
3,483,003 |
Experian
plc |
396,426 |
12,640,153 |
Halma
plc |
155,237 |
3,764,389 |
Harbour
Energy plc |
222,238 |
964,476 |
Hargreaves
Lansdown plc |
143,505 |
1,254,178 |
Hiscox
Ltd. |
144,683 |
1,490,483 |
Howden
Joinery Group plc |
237,392 |
1,398,381 |
HSBC
Holdings plc |
8,164,712 |
41,901,739 |
Imperial
Brands plc |
392,373 |
9,557,853 |
Informa
plc |
614,619 |
3,916,304 |
InterContinental
Hotels Group plc |
76,760 |
4,124,372 |
Intermediate
Capital Group plc |
120,271 |
1,464,513 |
International
Distributions Services plc |
323,013 |
747,252 |
Intertek
Group plc |
66,007 |
2,765,230 |
ITV
plc |
1,481,353 |
1,140,581 |
J
Sainsbury plc |
718,884 |
1,602,460 |
JD
Sports Fashion plc |
1,012,360 |
1,131,243 |
Johnson
Matthey plc |
81,361 |
1,806,021 |
Kingfisher
plc |
824,600 |
2,071,754 |
Land
Securities Group plc, REIT |
307,215 |
2,008,844 |
Legal
& General Group plc |
2,442,192 |
6,533,505 |
Lloyds
Banking Group plc |
29,046,839 |
13,950,266 |
London
Stock Exchange Group plc |
140,757 |
12,201,105 |
M&G
plc |
1,063,075 |
2,136,385 |
Melrose
Industries plc |
1,657,808 |
2,223,758 |
National
Grid plc |
1,584,967 |
17,268,417 |
NatWest
Group plc |
2,068,536 |
5,571,199 |
Next
plc |
52,843 |
2,984,554 |
Ocado
Group plc * |
296,807 |
1,609,079 |
Pearson
plc |
309,348 |
3,419,262 |
Pepco
Group NV *
(a) |
49,272 |
346,179 |
Persimmon
plc |
130,552 |
1,953,564 |
Phoenix
Group Holdings plc |
347,582 |
2,163,342 |
Reckitt
Benckiser Group plc |
301,153 |
19,985,724 |
RELX
plc |
810,590 |
21,772,849 |
Rentokil
Initial plc |
1,025,948 |
6,402,029 |
Rightmove
plc |
357,991 |
2,015,917 |
Rolls-Royce
Holdings plc * |
3,421,442 |
3,068,567 |
92
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
Sage
Group plc (The) |
450,089 |
3,751,376 |
Schroders
plc |
412,688 |
1,852,974 |
Segro
plc, REIT |
494,383 |
4,449,449 |
Severn
Trent plc |
103,583 |
2,972,806 |
Smith
& Nephew plc |
361,805 |
4,275,419 |
Smiths
Group plc |
153,800 |
2,754,950 |
Spirax-Sarco
Engineering plc |
30,092 |
3,708,346 |
SSE
plc |
428,630 |
7,659,998 |
St.
James's Place plc |
222,467 |
2,716,669 |
Standard
Chartered plc |
1,014,585 |
6,061,885 |
Tate
& Lyle plc |
164,213 |
1,319,483 |
Taylor
Wimpey plc |
1,491,871 |
1,603,955 |
Tesco
plc |
3,062,308 |
7,563,547 |
Travis
Perkins plc |
86,879 |
818,834 |
Unilever
plc |
1,075,076 |
48,866,891 |
United
Utilities Group plc |
278,829 |
3,004,717 |
Vodafone
Group plc |
10,958,112 |
12,792,529 |
Weir
Group plc (The) |
106,146 |
1,849,470 |
Whitbread
plc |
82,369 |
2,424,293 |
Wise
plc, Class A * |
192,707 |
1,467,810 |
WPP
plc |
496,666 |
4,370,736 |
|
|
663,361,692 |
United
States — 9.0% | ||
Carnival
plc * |
64,872 |
515,431 |
Ferguson
plc |
94,920 |
10,351,855 |
GSK
plc |
1,638,553 |
26,841,298 |
Nestle
SA (Registered) |
1,124,451 |
122,406,389 |
QIAGEN
NV *
(b) |
94,395 |
4,076,276 |
Roche
Holding AG |
287,268 |
95,315,002 |
Roche
Holding AG |
10,889 |
4,419,738 |
Schneider
Electric SE |
233,527 |
29,530,988 |
Sinch
AB *
(a) (b) |
270,548 |
635,236 |
Stellantis
NV |
884,431 |
11,932,372 |
Swiss
Re AG |
118,137 |
8,775,781 |
Tenaris
SA |
188,267 |
2,946,596 |
|
|
317,746,962 |
Total
Common Stocks
(Cost
$4,381,041,728) |
|
3,486,805,151 |
Short-Term
Investments — 1.2% | ||
Investment
of Cash Collateral from Securities Loaned — 1.2% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
35,657,896 |
35,657,896 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Investment
of Cash Collateral from Securities Loaned —
continued | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d) |
4,769,602 |
4,769,602 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$40,419,170) |
|
40,427,498 |
Total
Investments — 100.0%
(Cost
$4,421,460,898) |
|
3,527,232,649 |
Other
Assets Less Liabilities — 0.0% ^ |
|
455,110 |
NET
ASSETS — 100.0% |
|
3,527,687,759 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
CVA |
Dutch
Certification |
OYJ |
Public
Limited Company |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
REIT |
Real
Estate Investment Trust |
SCA |
Limited
partnership with share capital |
SGPS |
Holding
company |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(b) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $36,958,615. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
93
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Pharmaceuticals |
12.4% |
Banks |
7.4 |
Oil,
Gas & Consumable Fuels |
7.0 |
Insurance |
5.1 |
Food
Products |
4.6 |
Textiles,
Apparel & Luxury Goods |
4.1 |
Chemicals |
3.3 |
Semiconductors
& Semiconductor Equipment |
2.9 |
Beverages |
2.8 |
Machinery |
2.6 |
Capital
Markets |
2.6 |
Metals
& Mining |
2.4 |
Personal
Products |
2.4 |
Electric
Utilities |
2.2 |
Diversified
Telecommunication Services |
2.1 |
Aerospace
& Defense |
2.1 |
Electrical
Equipment |
2.1 |
Health
Care Equipment & Supplies |
2.0 |
Automobiles |
1.9 |
Professional
Services |
1.9 |
Software |
1.7 |
IT
Services |
1.5 |
Tobacco |
1.5 |
Hotels,
Restaurants & Leisure |
1.3 |
Multi-Utilities |
1.3 |
Industrial
Conglomerates |
1.2 |
Construction
& Engineering |
1.1 |
Food
& Staples Retailing |
1.0 |
Others
(each less than 1.0%) |
14.4 |
Short-Term
Investments |
1.1 |
94
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
EURO
STOXX 50 Index |
712 |
12/16/2022 |
EUR |
25,450,442 |
1,204,811 |
FTSE
100 Index |
178 |
12/16/2022 |
GBP |
14,523,878 |
(121,281) |
|
|
|
|
|
1,083,530 |
Abbreviations |
|
EUR |
Euro |
FTSE |
Financial
Times and the London Stock Exchange |
GBP |
British
Pound |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
95
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.0% | ||
Australia
— 8.0% | ||
Alumina
Ltd. |
471,969 |
407,898 |
Ampol
Ltd. |
47,764 |
833,091 |
APA
Group |
236,463 |
1,591,961 |
Aristocrat
Leisure Ltd. |
133,143 |
3,160,277 |
ASX
Ltd. |
38,798 |
1,681,058 |
Aurizon
Holdings Ltd. |
368,900 |
854,877 |
Australia
& New Zealand Banking Group Ltd. |
598,509 |
9,805,815 |
Bendigo
& Adelaide Bank Ltd. |
112,830 |
651,324 |
BHP
Group Ltd. |
1,013,505 |
24,344,597 |
BlueScope
Steel Ltd. |
94,217 |
948,764 |
Brambles
Ltd. |
277,638 |
2,078,603 |
Challenger
Ltd. |
117,470 |
527,832 |
Cochlear
Ltd. |
13,162 |
1,681,363 |
Coles
Group Ltd. |
267,533 |
2,797,235 |
Commonwealth
Bank of Australia |
341,622 |
22,904,660 |
Dexus,
REIT |
215,555 |
1,074,133 |
Domino's
Pizza Enterprises Ltd. |
12,675 |
516,806 |
Endeavour
Group Ltd. |
250,990 |
1,148,858 |
Evolution
Mining Ltd. |
367,657 |
487,715 |
Flutter
Entertainment plc * |
30,617 |
4,043,567 |
Fortescue
Metals Group Ltd. |
339,034 |
3,194,041 |
Glencore
plc |
2,423,788 |
13,895,755 |
Goodman
Group, REIT |
340,361 |
3,703,369 |
GPT
Group (The), REIT |
383,911 |
1,060,963 |
Harvey
Norman Holdings Ltd. |
130,108 |
346,125 |
IDP
Education Ltd. |
41,795 |
788,538 |
IGO
Ltd. |
129,725 |
1,268,704 |
Incitec
Pivot Ltd. |
389,574 |
936,907 |
Insurance
Australia Group Ltd. |
494,038 |
1,550,755 |
LendLease
Corp. Ltd. |
138,072 |
767,786 |
Macquarie
Group Ltd. |
72,731 |
7,890,063 |
Medibank
Pvt Ltd. |
551,950 |
993,879 |
Mineral
Resources Ltd. |
33,367 |
1,564,306 |
Mirvac
Group, REIT |
790,251 |
1,047,056 |
National
Australia Bank Ltd. |
635,513 |
13,200,906 |
Newcrest
Mining Ltd. |
178,918 |
1,981,567 |
Northern
Star Resources Ltd. |
233,513 |
1,303,259 |
Orica
Ltd. |
89,975 |
800,350 |
Origin
Energy Ltd. |
344,900 |
1,232,183 |
Qantas
Airways Ltd. * |
185,579 |
693,466 |
QBE
Insurance Group Ltd. |
296,956 |
2,326,639 |
Ramsay
Health Care Ltd. |
37,160 |
1,393,841 |
REA
Group Ltd. |
10,315 |
799,474 |
Reece
Ltd. |
42,680 |
423,807 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Australia
— continued | ||
Rio
Tinto Ltd. |
74,316 |
4,217,406 |
Rio
Tinto plc |
212,401 |
11,100,427 |
Santos
Ltd. |
671,778 |
3,279,391 |
Scentre
Group, REIT |
1,039,135 |
1,933,854 |
SEEK
Ltd. |
70,985 |
977,171 |
Seven
Group Holdings Ltd. |
31,386 |
368,045 |
Sonic
Healthcare Ltd. |
96,114 |
2,012,193 |
South32
Ltd. |
926,634 |
2,125,948 |
Stockland,
REIT |
478,426 |
1,102,341 |
Suncorp
Group Ltd. |
253,043 |
1,851,013 |
Tabcorp
Holdings Ltd. |
446,439 |
275,623 |
Telstra
Group Ltd. |
809,639 |
2,030,111 |
TPG
Telecom Ltd. (a) |
85,623 |
268,599 |
Transurban
Group |
614,773 |
5,215,087 |
Treasury
Wine Estates Ltd. |
144,663 |
1,198,789 |
Vicinity
Ltd., REIT |
775,489 |
966,774 |
Washington
H Soul Pattinson & Co. Ltd. |
49,176 |
880,057 |
Wesfarmers
Ltd. |
226,998 |
6,587,266 |
Westpac
Banking Corp. |
700,940 |
10,823,192 |
WiseTech
Global Ltd. |
34,630 |
1,280,721 |
Woodside
Energy Group Ltd. |
380,144 |
8,788,347 |
Woolworths
Group Ltd. |
243,028 |
5,132,216 |
Worley
Ltd. |
74,433 |
679,880 |
|
|
217,798,624 |
Austria
— 0.3% | ||
ANDRITZ
AG |
14,361 |
667,450 |
BAWAG
Group AG *
(b) |
17,848 |
861,627 |
Erste
Group Bank AG |
71,424 |
1,760,241 |
EVN
AG |
7,585 |
126,187 |
Mondi
plc |
97,310 |
1,632,713 |
OMV
AG |
28,857 |
1,328,674 |
Raiffeisen
Bank International AG |
27,082 |
376,636 |
Strabag
SE |
2,905 |
111,533 |
Telekom
Austria AG * |
27,936 |
162,390 |
Verbund
AG |
6,472 |
506,984 |
Vienna
Insurance Group AG Wiener
Versicherung
Gruppe |
7,197 |
160,967 |
voestalpine
AG |
22,231 |
482,641 |
|
|
8,178,043 |
Belgium
— 0.9% | ||
Ackermans
& van Haaren NV |
4,503 |
627,365 |
Ageas
SA |
35,707 |
1,236,112 |
Anheuser-Busch
InBev SA |
198,239 |
9,915,996 |
Azelis
Group NV |
14,041 |
321,356 |
96
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Belgium
— continued | ||
D'ieteren
Group |
4,540 |
755,584 |
Elia
Group SA/NV |
7,209 |
911,451 |
Etablissements
Franz Colruyt NV |
11,253 |
271,244 |
Groupe
Bruxelles Lambert NV |
20,240 |
1,492,223 |
KBC
Group NV |
67,604 |
3,388,026 |
Proximus
SADP |
31,224 |
327,344 |
Sofina
SA |
3,160 |
616,196 |
Solvay
SA |
14,623 |
1,319,593 |
Telenet
Group Holding NV |
9,426 |
143,711 |
UCB
SA |
25,343 |
1,910,047 |
Umicore
SA |
41,441 |
1,366,141 |
Warehouses
De Pauw CVA, REIT |
28,389 |
728,630 |
|
|
25,331,019 |
Brazil
— 0.1% | ||
Yara
International ASA |
32,641 |
1,456,815 |
Chile
— 0.0% ^ | ||
Antofagasta
plc |
69,150 |
931,825 |
China
— 0.7% | ||
Budweiser
Brewing Co. APAC Ltd. (b) |
344,600 |
725,288 |
ESR
Cayman Ltd. (b) |
489,400 |
834,599 |
Prosus
NV * |
240,794 |
10,412,341 |
Wharf
Holdings Ltd. (The) |
248,000 |
710,147 |
Wilmar
International Ltd. |
627,300 |
1,718,522 |
Wuxi
Biologics Cayman, Inc. *
(b) |
719,000 |
3,235,243 |
|
|
17,636,140 |
Denmark
— 2.6% | ||
AP
Moller - Maersk A/S, Class A |
601 |
1,202,412 |
AP
Moller - Maersk A/S, Class B |
1,110 |
2,318,982 |
Carlsberg
A/S, Class B |
19,705 |
2,320,179 |
Chr
Hansen Holding A/S |
20,611 |
1,144,757 |
Coloplast
A/S, Class B |
23,779 |
2,650,650 |
Danske
Bank A/S |
136,502 |
2,201,913 |
Demant
A/S * |
19,291 |
526,784 |
DSV
A/S |
38,417 |
5,191,223 |
Genmab
A/S * |
13,161 |
5,069,719 |
Novo
Nordisk A/S, Class B |
327,562 |
35,616,229 |
Novozymes
A/S, Class B |
41,857 |
2,197,099 |
Orsted
A/S (b) |
37,873 |
3,124,740 |
Pandora
A/S |
19,137 |
1,006,674 |
Tryg
A/S |
72,160 |
1,560,766 |
Vestas
Wind Systems A/S |
202,177 |
3,985,650 |
|
|
70,117,777 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Finland
— 1.3% | ||
Elisa
OYJ |
30,187 |
1,458,827 |
Fortum
OYJ |
87,235 |
1,227,770 |
Huhtamaki
OYJ |
19,239 |
691,438 |
Kesko
OYJ, Class A |
18,865 |
362,799 |
Kesko
OYJ, Class B |
54,744 |
1,065,355 |
Kone
OYJ, Class B |
80,743 |
3,306,087 |
Metso
Outotec OYJ |
141,217 |
1,071,710 |
Neste
OYJ |
86,244 |
3,779,944 |
Nokia
OYJ |
1,083,405 |
4,814,563 |
Nordea
Bank Abp |
661,214 |
6,316,260 |
Orion
OYJ, Class A |
6,007 |
275,450 |
Orion
OYJ, Class B |
21,312 |
980,741 |
Sampo
OYJ, Class A |
99,257 |
4,538,801 |
Stora
Enso OYJ, Class A (a) |
10,137 |
147,764 |
Stora
Enso OYJ, Class R |
122,732 |
1,600,280 |
UPM-Kymmene
OYJ |
106,861 |
3,592,396 |
Wartsila
OYJ Abp |
97,246 |
662,953 |
|
|
35,893,138 |
France
— 10.2% | ||
Adevinta
ASA * |
53,675 |
367,425 |
Aeroports
de Paris * |
5,543 |
749,584 |
Air
Liquide SA |
104,772 |
13,705,620 |
Airbus
SE |
123,073 |
13,316,963 |
Alstom
SA |
61,357 |
1,262,803 |
Amundi
SA (b) |
12,225 |
576,775 |
Arkema
SA |
12,800 |
1,012,967 |
AXA
SA |
397,569 |
9,817,930 |
BioMerieux |
9,816 |
868,506 |
BNP
Paribas SA |
227,347 |
10,661,192 |
Bollore
SE |
183,117 |
915,868 |
Bouygues
SA |
42,119 |
1,201,705 |
Bureau
Veritas SA |
58,017 |
1,435,357 |
Capgemini
SE |
31,412 |
5,148,139 |
Carrefour
SA |
117,377 |
1,889,236 |
Cie
de Saint-Gobain |
104,124 |
4,256,690 |
Cie
Generale des Etablissements Michelin
SCA |
142,973 |
3,643,533 |
Covivio,
REIT |
9,296 |
497,723 |
Credit
Agricole SA |
272,614 |
2,473,607 |
Danone
SA |
127,182 |
6,320,884 |
Dassault
Aviation SA |
4,683 |
695,512 |
Dassault
Systemes SE |
138,781 |
4,651,770 |
Edenred |
49,974 |
2,561,978 |
Eiffage
SA |
15,699 |
1,419,532 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
97
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
France
— continued | ||
Electricite
de France SA |
124,499 |
1,470,329 |
Engie
SA |
370,543 |
4,814,601 |
EssilorLuxottica
SA |
60,911 |
9,631,749 |
Gecina
SA, REIT |
10,897 |
971,512 |
Getlink
SE |
80,378 |
1,271,942 |
Hermes
International |
6,975 |
9,028,342 |
Ipsen
SA |
8,067 |
829,028 |
Kering
SA |
14,494 |
6,637,691 |
Legrand
SA |
53,414 |
4,070,398 |
L'Oreal
SA |
50,509 |
15,860,048 |
LVMH
Moet Hennessy Louis Vuitton SE |
52,394 |
33,060,346 |
Orange
SA |
378,117 |
3,602,667 |
Pernod
Ricard SA |
40,802 |
7,161,212 |
Publicis
Groupe SA |
47,243 |
2,645,816 |
Safran
SA |
70,133 |
7,810,711 |
Sanofi |
230,900 |
19,870,761 |
Sartorius
Stedim Biotech |
4,805 |
1,524,814 |
Societe
Generale SA |
158,238 |
3,629,511 |
Sodexo
SA |
16,821 |
1,490,044 |
Teleperformance |
11,835 |
3,170,951 |
Thales
SA |
21,357 |
2,716,183 |
TotalEnergies
SE |
492,905 |
26,889,627 |
Unibail-Rodamco-Westfield,
REIT * |
21,396 |
1,011,166 |
Veolia
Environnement SA |
131,841 |
2,942,167 |
Vinci
SA |
107,668 |
9,909,442 |
Vivendi
SE |
162,183 |
1,327,465 |
Worldline
SA *
(b) |
50,046 |
2,184,332 |
|
|
274,984,154 |
Germany
— 7.2% | ||
adidas
AG |
35,767 |
3,491,400 |
Allianz
SE (Registered) |
81,777 |
14,712,052 |
Aroundtown
SA |
184,629 |
365,980 |
BASF
SE |
183,886 |
8,251,090 |
Bayer
AG (Registered) |
196,685 |
10,341,909 |
Bayerische
Motoren Werke AG |
63,880 |
5,014,065 |
Bayerische
Motoren Werke AG (Preference) |
11,902 |
877,700 |
Beiersdorf
AG |
19,677 |
1,888,898 |
Brenntag
SE |
30,930 |
1,876,720 |
Carl
Zeiss Meditec AG |
7,347 |
889,305 |
Commerzbank
AG * |
210,611 |
1,682,720 |
Continental
AG |
21,641 |
1,120,911 |
Covestro
AG (b) |
38,723 |
1,314,492 |
Daimler
Truck Holding AG * |
103,804 |
2,768,721 |
Deutsche
Bank AG (Registered) |
413,784 |
3,944,084 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Germany
— continued | ||
Deutsche
Boerse AG |
38,032 |
6,184,755 |
Deutsche
Lufthansa AG (Registered) * |
119,900 |
819,758 |
Deutsche
Post AG (Registered) |
198,454 |
7,015,315 |
Deutsche
Telekom AG (Registered) |
698,817 |
13,190,520 |
Deutsche
Wohnen SE |
10,413 |
210,032 |
E.ON
SE |
449,480 |
3,763,943 |
Evonik
Industries AG |
41,044 |
756,102 |
Fresenius
Medical Care AG & Co. KGaA |
39,937 |
1,104,682 |
Fresenius
SE & Co. KGaA |
81,621 |
1,878,358 |
GEA
Group AG |
32,923 |
1,150,806 |
Hannover
Rueck SE |
12,074 |
1,964,731 |
HeidelbergCement
AG |
28,998 |
1,333,525 |
Henkel
AG & Co. KGaA |
19,762 |
1,160,130 |
Henkel
AG & Co. KGaA (Preference) |
35,673 |
2,247,350 |
Infineon
Technologies AG |
261,454 |
6,344,307 |
KION
Group AG |
14,386 |
318,942 |
Mercedes-Benz
Group AG |
156,357 |
9,050,192 |
Merck
KGaA |
25,871 |
4,216,071 |
MTU
Aero Engines AG |
10,706 |
1,915,928 |
Muenchener
Rueckversicherungs-
Gesellschaft
AG (Registered) |
28,054 |
7,405,584 |
Porsche
Automobil Holding SE (Preference) |
30,655 |
1,712,765 |
Puma
SE |
20,557 |
908,843 |
RWE
AG |
135,386 |
5,211,709 |
SAP
SE |
218,893 |
21,069,081 |
Sartorius
AG (Preference) |
5,399 |
1,903,636 |
Siemens
AG (Registered) |
149,751 |
16,354,162 |
Siemens
Energy AG |
80,093 |
933,694 |
Siemens
Healthineers AG (b) |
56,454 |
2,586,303 |
Symrise
AG |
26,587 |
2,713,803 |
Talanx
AG |
10,661 |
400,367 |
Telefonica
Deutschland Holding AG |
185,167 |
403,460 |
TUI
AG *
(a) |
261,467 |
394,600 |
Uniper
SE (a) |
16,117 |
48,245 |
Volkswagen
AG (Preference) |
36,739 |
4,702,644 |
Vonovia
SE |
159,335 |
3,522,995 |
Zalando
SE *
(b) |
44,607 |
1,028,111 |
|
|
194,465,496 |
Hong
Kong — 2.2% | ||
AIA
Group Ltd. |
2,388,200 |
18,090,123 |
CK
Asset Holdings Ltd. |
396,000 |
2,189,314 |
CK
Infrastructure Holdings Ltd. |
122,000 |
579,588 |
CLP
Holdings Ltd. |
332,500 |
2,231,676 |
DFI
Retail Group Holdings Ltd. |
59,900 |
134,290 |
98
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Hong
Kong — continued | ||
Hang
Lung Properties Ltd. |
365,000 |
459,157 |
Hang
Seng Bank Ltd. |
145,700 |
2,051,134 |
Henderson
Land Development Co. Ltd. |
264,000 |
646,341 |
HK
Electric Investments & HK Electric
Investments
Ltd. (b) |
461,500 |
293,428 |
HKT
Trust & HKT Ltd. |
722,000 |
816,542 |
Hong
Kong & China Gas Co. Ltd. |
2,165,100 |
1,668,794 |
Hong
Kong Exchanges & Clearing Ltd. |
238,800 |
6,338,616 |
Jardine
Matheson Holdings Ltd. |
49,100 |
2,261,939 |
Link,
REIT |
422,900 |
2,499,600 |
MTR
Corp. Ltd. |
309,500 |
1,361,859 |
New
World Development Co. Ltd. |
279,000 |
570,688 |
Power
Assets Holdings Ltd. |
274,500 |
1,312,535 |
Prudential
plc |
550,432 |
5,113,332 |
Sino
Land Co. Ltd. |
646,000 |
689,809 |
Sun
Hung Kai Properties Ltd. |
301,500 |
3,240,016 |
Swire
Pacific Ltd., Class B |
172,500 |
177,752 |
Swire
Pacific Ltd., Class A |
94,500 |
626,867 |
Swire
Properties Ltd. |
209,600 |
402,833 |
Techtronic
Industries Co. Ltd. |
364,500 |
3,451,366 |
WH
Group Ltd. (b) |
1,566,424 |
791,062 |
Wharf
Real Estate Investment Co. Ltd. |
310,000 |
1,221,419 |
|
|
59,220,080 |
Ireland
— 0.4% | ||
CRH
plc |
153,799 |
5,539,511 |
Kerry
Group plc, Class A |
31,173 |
2,707,528 |
Kingspan
Group plc |
30,943 |
1,560,044 |
Smurfit
Kappa Group plc |
52,148 |
1,726,254 |
|
|
11,533,337 |
Israel
— 0.6% | ||
Azrieli
Group Ltd. |
7,307 |
541,343 |
Bank
Hapoalim BM |
246,235 |
2,373,523 |
Bank
Leumi Le-Israel BM |
309,077 |
2,948,515 |
Bezeq
The Israeli Telecommunication Corp.
Ltd. |
410,074 |
725,928 |
Elbit
Systems Ltd. |
4,967 |
1,005,000 |
ICL
Group Ltd. |
144,305 |
1,301,285 |
Israel
Discount Bank Ltd., Class A |
247,652 |
1,408,172 |
Mizrahi
Tefahot Bank Ltd. |
29,808 |
1,126,789 |
Nice
Ltd. * |
12,721 |
2,397,518 |
Teva
Pharmaceutical Industries Ltd. * |
222,527 |
1,989,595 |
|
|
15,817,668 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Italy
— 2.1% | ||
A2A
SpA |
315,170 |
349,473 |
Amplifon
SpA |
18,516 |
460,011 |
Assicurazioni
Generali SpA |
241,413 |
3,622,913 |
Atlantia
SpA |
100,850 |
2,249,714 |
Banca
Mediolanum SpA |
42,900 |
320,974 |
Banco
BPM SpA |
303,664 |
918,741 |
Buzzi
Unicem SpA |
18,968 |
314,808 |
Coca-Cola
HBC AG |
40,802 |
891,252 |
Davide
Campari-Milano NV |
106,976 |
960,679 |
DiaSorin
SpA |
5,260 |
687,670 |
Enel
SpA |
1,546,915 |
6,910,609 |
Eni
SpA |
505,305 |
6,636,542 |
Ferrari
NV |
25,630 |
5,052,660 |
FinecoBank
Banca Fineco SpA |
122,283 |
1,647,836 |
Hera
SpA |
158,057 |
376,599 |
Infrastrutture
Wireless Italiane SpA (b) |
71,342 |
629,676 |
Intesa
Sanpaolo SpA |
3,541,460 |
6,751,901 |
Leonardo
SpA |
81,177 |
652,184 |
Mediobanca
Banca di Credito Finanziario
SpA |
129,832 |
1,176,225 |
Moncler
SpA |
41,637 |
1,796,397 |
Nexi
SpA *
(b) |
170,504 |
1,474,090 |
Pirelli
& C SpA (b) |
80,079 |
302,063 |
Poste
Italiane SpA (b) |
91,111 |
793,966 |
Prysmian
SpA |
53,735 |
1,748,974 |
Recordati
Industria Chimica e Farmaceutica
SpA |
20,112 |
755,638 |
Snam
SpA |
410,449 |
1,825,068 |
Telecom
Italia SpA * |
2,035,650 |
398,260 |
Telecom
Italia SpA * |
1,210,424 |
231,374 |
Terna
- Rete Elettrica Nazionale |
281,987 |
1,870,044 |
UniCredit
SpA |
404,857 |
5,020,743 |
UnipolSai
Assicurazioni SpA |
85,234 |
192,183 |
|
|
57,019,267 |
Japan
— 23.7% | ||
ABC-Mart,
Inc. |
6,200 |
276,351 |
Acom
Co. Ltd. |
93,900 |
205,139 |
Advance
Residence Investment Corp., REIT |
279 |
649,558 |
Advantest
Corp. |
37,600 |
1,979,324 |
Aeon
Co. Ltd. |
175,100 |
3,265,719 |
AGC,
Inc. |
44,900 |
1,406,940 |
Air
Water, Inc. |
45,400 |
506,883 |
Aisin
Corp. |
36,300 |
931,812 |
Ajinomoto
Co., Inc. |
108,200 |
2,975,849 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
99
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Alfresa
Holdings Corp. |
40,200 |
462,818 |
ANA
Holdings, Inc. * |
32,000 |
622,039 |
Asahi
Group Holdings Ltd. |
101,200 |
2,831,651 |
Asahi
Intecc Co. Ltd. |
47,800 |
814,280 |
Asahi
Kasei Corp. |
278,900 |
1,788,283 |
Asics
Corp. |
37,700 |
577,705 |
Astellas
Pharma, Inc. |
367,300 |
5,068,074 |
Bandai
Namco Holdings, Inc. |
43,900 |
2,901,918 |
Bank
of Kyoto Ltd. (The) |
15,200 |
547,745 |
Bridgestone
Corp. |
122,900 |
4,444,857 |
Brother
Industries Ltd. |
52,900 |
901,200 |
Canon,
Inc. |
208,500 |
4,419,676 |
Capcom
Co. Ltd. |
31,900 |
887,298 |
Central
Japan Railway Co. |
40,800 |
4,723,683 |
Chiba
Bank Ltd. (The) |
147,100 |
805,979 |
Chubu
Electric Power Co., Inc. |
151,800 |
1,235,641 |
Chugai
Pharmaceutical Co. Ltd. |
127,400 |
2,952,095 |
Concordia
Financial Group Ltd. |
242,000 |
738,395 |
Cosmos
Pharmaceutical Corp. |
4,100 |
396,530 |
CyberAgent,
Inc. |
83,300 |
684,325 |
Dai
Nippon Printing Co. Ltd. |
54,300 |
1,087,669 |
Daifuku
Co. Ltd. |
25,500 |
1,167,261 |
Dai-ichi
Life Holdings, Inc. |
206,700 |
3,282,965 |
Daiichi
Sankyo Co. Ltd. |
389,900 |
12,480,998 |
Daikin
Industries Ltd. |
58,800 |
8,807,486 |
Daito
Trust Construction Co. Ltd. |
13,700 |
1,356,626 |
Daiwa
House Industry Co. Ltd. |
133,000 |
2,679,596 |
Daiwa
House REIT Investment Corp., REIT |
422 |
851,721 |
Daiwa
Securities Group, Inc. |
299,000 |
1,166,600 |
Denso
Corp. |
100,500 |
4,986,401 |
Dentsu
Group, Inc. |
48,400 |
1,505,403 |
Disco
Corp. |
5,900 |
1,411,166 |
East
Japan Railway Co. |
75,000 |
3,996,404 |
Eisai
Co. Ltd. |
59,400 |
3,582,010 |
ENEOS
Holdings, Inc. |
646,300 |
2,131,922 |
FANUC
Corp. |
38,100 |
4,985,447 |
Fast
Retailing Co. Ltd. |
12,500 |
6,964,265 |
Fuji
Electric Co. Ltd. |
30,000 |
1,159,949 |
FUJIFILM
Holdings Corp. |
80,800 |
3,696,591 |
Fujitsu
Ltd. |
36,300 |
4,176,625 |
Fukuoka
Financial Group, Inc. |
37,800 |
643,190 |
GLP
J-REIT, REIT |
899 |
932,337 |
GMO
Payment Gateway, Inc. |
8,900 |
639,962 |
Hakuhodo
DY Holdings, Inc. |
60,900 |
513,128 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Hamamatsu
Photonics KK |
29,400 |
1,330,094 |
Hankyu
Hanshin Holdings, Inc. |
48,900 |
1,452,367 |
Haseko
Corp. |
44,600 |
459,301 |
Hikari
Tsushin, Inc. |
4,100 |
495,257 |
Hino
Motors Ltd. |
57,700 |
239,788 |
Hirose
Electric Co. Ltd. |
6,300 |
817,245 |
Hitachi
Construction Machinery Co. Ltd. |
21,000 |
410,845 |
Hitachi
Ltd. |
193,500 |
8,779,836 |
Hitachi
Metals Ltd. * |
39,800 |
581,248 |
Honda
Motor Co. Ltd. |
340,600 |
7,766,523 |
Hoshizaki
Corp. |
24,000 |
687,600 |
Hoya
Corp. |
72,800 |
6,767,589 |
Hulic
Co. Ltd. |
119,900 |
870,995 |
Ibiden
Co. Ltd. |
28,200 |
950,548 |
Idemitsu
Kosan Co. Ltd. |
44,700 |
978,047 |
Iida
Group Holdings Co. Ltd. |
35,100 |
487,376 |
Inpex
Corp. |
211,000 |
2,129,496 |
Isuzu
Motors Ltd. |
124,400 |
1,462,902 |
ITOCHU
Corp. |
295,500 |
7,637,066 |
Itochu
Techno-Solutions Corp. |
19,200 |
445,128 |
Japan
Airlines Co. Ltd. * |
29,000 |
541,666 |
Japan
Airport Terminal Co. Ltd. * |
19,100 |
817,498 |
Japan
Exchange Group, Inc. |
105,200 |
1,382,516 |
Japan
Metropolitan Fund Invest, REIT |
1,402 |
1,032,895 |
Japan
Post Holdings Co. Ltd. |
483,400 |
3,250,661 |
Japan
Post Insurance Co. Ltd. |
39,700 |
587,685 |
Japan
Prime Realty Investment Corp., REIT |
205 |
556,748 |
Japan
Real Estate Investment Corp., REIT |
278 |
1,164,900 |
Japan
Tobacco, Inc. |
220,000 |
3,684,436 |
JFE
Holdings, Inc. |
115,900 |
1,061,774 |
JSR
Corp. |
42,400 |
805,644 |
Kajima
Corp. |
95,100 |
895,194 |
Kakaku.com,
Inc. |
25,600 |
432,973 |
Kansai
Electric Power Co., Inc. (The) |
165,100 |
1,250,676 |
Kansai
Paint Co. Ltd. |
52,100 |
679,863 |
Kao
Corp. |
95,000 |
3,548,435 |
Kawasaki
Heavy Industries Ltd. |
33,600 |
571,449 |
KDDI
Corp. |
313,200 |
9,257,244 |
Keio
Corp. |
24,700 |
865,995 |
Keisei
Electric Railway Co. Ltd. |
34,400 |
913,048 |
Keyence
Corp. |
39,600 |
14,931,786 |
Kikkoman
Corp. |
38,600 |
2,091,737 |
Kintetsu
Group Holdings Co. Ltd. |
37,900 |
1,280,827 |
Kirin
Holdings Co. Ltd. |
166,100 |
2,441,660 |
100
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Kobayashi
Pharmaceutical Co. Ltd. |
11,700 |
620,881 |
Kobe
Bussan Co. Ltd. |
28,500 |
618,183 |
Koei
Tecmo Holdings Co. Ltd. |
24,400 |
368,170 |
Koito
Manufacturing Co. Ltd. |
51,800 |
735,397 |
Komatsu
Ltd. |
194,400 |
3,808,334 |
Konami
Group Corp. |
20,600 |
902,926 |
Kose
Corp. |
7,100 |
708,725 |
Kubota
Corp. |
227,600 |
3,174,927 |
Kurita
Water Industries Ltd. |
21,700 |
794,329 |
Kyocera
Corp. |
69,200 |
3,351,111 |
Kyowa
Kirin Co. Ltd. |
51,100 |
1,203,492 |
Kyushu
Electric Power Co., Inc. |
94,700 |
468,867 |
Kyushu
Railway Co. |
31,500 |
658,782 |
Lasertec
Corp. |
15,500 |
2,177,919 |
Lawson,
Inc. |
10,100 |
322,665 |
Lion
Corp. |
58,500 |
591,242 |
Lixil
Corp. |
58,500 |
883,659 |
M3,
Inc. |
85,800 |
2,556,855 |
Makita
Corp. |
56,300 |
1,028,799 |
Marubeni
Corp. |
343,400 |
3,006,096 |
Marui
Group Co. Ltd. |
41,400 |
677,320 |
MatsukiyoCocokara
& Co. |
28,600 |
1,041,287 |
Mazda
Motor Corp. |
120,000 |
807,956 |
McDonald's
Holdings Co. Japan Ltd. |
17,800 |
617,967 |
Medipal
Holdings Corp. |
41,600 |
515,759 |
MEIJI
Holdings Co. Ltd. |
28,400 |
1,168,635 |
MINEBEA
MITSUMI, Inc. |
81,600 |
1,205,921 |
MISUMI
Group, Inc. |
57,200 |
1,218,329 |
Mitsubishi
Chemical Group Corp. |
285,900 |
1,291,511 |
Mitsubishi
Corp. |
297,700 |
8,064,361 |
Mitsubishi
Electric Corp. |
429,700 |
3,780,764 |
Mitsubishi
Estate Co. Ltd. |
265,000 |
3,332,454 |
Mitsubishi
Gas Chemical Co., Inc. |
40,600 |
515,913 |
Mitsubishi
HC Capital, Inc. |
157,900 |
677,558 |
Mitsubishi
Heavy Industries Ltd. |
67,300 |
2,318,087 |
Mitsubishi
Motors Corp. * |
136,600 |
460,170 |
Mitsubishi
UFJ Financial Group, Inc. |
2,525,700 |
11,931,030 |
Mitsui
& Co. Ltd. |
329,000 |
7,280,503 |
Mitsui
Chemicals, Inc. |
38,300 |
708,892 |
Mitsui
Fudosan Co. Ltd. |
190,700 |
3,651,595 |
Mitsui
OSK Lines Ltd. |
72,000 |
1,425,254 |
Mizuho
Financial Group, Inc. |
508,600 |
5,500,748 |
MonotaRO
Co. Ltd. |
49,600 |
752,921 |
MS&AD
Insurance Group Holdings, Inc. |
91,500 |
2,423,030 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Murata
Manufacturing Co. Ltd. |
128,300 |
6,073,651 |
Nagoya
Railroad Co. Ltd. |
39,100 |
598,974 |
NEC
Corp. |
54,800 |
1,813,930 |
Nexon
Co. Ltd. |
93,700 |
1,567,997 |
NGK
Insulators Ltd. |
54,100 |
631,134 |
NGK
Spark Plug Co. Ltd. |
34,200 |
623,947 |
NH
Foods Ltd. |
21,200 |
505,228 |
Nidec
Corp. |
105,700 |
5,811,811 |
Nihon
M&A Center Holdings, Inc. |
59,800 |
674,772 |
Nikon
Corp. |
69,400 |
671,177 |
Nintendo
Co. Ltd. |
235,000 |
9,540,788 |
Nippon
Building Fund, Inc., REIT |
339 |
1,506,938 |
NIPPON
EXPRESS HOLDINGS, Inc. |
17,600 |
884,363 |
Nippon
Paint Holdings Co. Ltd. |
213,500 |
1,360,641 |
Nippon
Prologis REIT, Inc., REIT |
538 |
1,128,882 |
Nippon
Sanso Holdings Corp. |
42,100 |
670,292 |
Nippon
Shinyaku Co. Ltd. |
12,200 |
675,468 |
Nippon
Steel Corp. |
190,000 |
2,606,520 |
Nippon
Telegraph & Telephone Corp. |
239,500 |
6,605,579 |
Nippon
Yusen KK |
101,700 |
1,842,242 |
Nissan
Chemical Corp. |
28,500 |
1,282,939 |
Nissan
Motor Co. Ltd. |
473,700 |
1,509,826 |
Nisshin
Seifun Group, Inc. |
53,200 |
574,859 |
Nissin
Foods Holdings Co. Ltd. |
17,100 |
1,106,864 |
Nitori
Holdings Co. Ltd. |
18,000 |
1,631,107 |
Nitto
Denko Corp. |
30,000 |
1,580,572 |
Nomura
Holdings, Inc. |
602,300 |
1,949,018 |
Nomura
Real Estate Holdings, Inc. |
23,300 |
526,669 |
Nomura
Real Estate Master Fund, Inc., REIT |
944 |
1,076,945 |
Nomura
Research Institute Ltd. |
89,400 |
1,978,440 |
NSK
Ltd. |
97,900 |
517,424 |
NTT
Data Corp. |
128,900 |
1,866,969 |
Obayashi
Corp. |
144,800 |
929,423 |
Obic
Co. Ltd. |
13,100 |
1,965,824 |
Odakyu
Electric Railway Co. Ltd. |
69,800 |
829,779 |
Oji
Holdings Corp. |
203,000 |
703,745 |
Olympus
Corp. |
256,800 |
5,414,497 |
Omron
Corp. |
40,900 |
1,907,508 |
Ono
Pharmaceutical Co. Ltd. |
95,100 |
2,238,041 |
Open
House Group Co. Ltd. |
14,800 |
526,427 |
Oracle
Corp. |
6,700 |
356,919 |
Oriental
Land Co. Ltd. |
46,000 |
6,160,674 |
ORIX
Corp. |
239,500 |
3,517,705 |
Orix
JREIT, Inc., REIT |
554 |
743,256 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
101
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Osaka
Gas Co. Ltd. |
83,600 |
1,237,924 |
Otsuka
Corp. |
23,900 |
752,663 |
Otsuka
Holdings Co. Ltd. |
112,100 |
3,593,311 |
Pan
Pacific International Holdings Corp. |
106,000 |
1,739,537 |
Panasonic
Holdings Corp. |
466,300 |
3,321,275 |
Persol
Holdings Co. Ltd. |
37,600 |
752,840 |
Rakuten
Group, Inc. |
181,400 |
809,836 |
Recruit
Holdings Co. Ltd. |
339,300 |
10,440,658 |
Renesas
Electronics Corp. * |
281,100 |
2,351,613 |
Resona
Holdings, Inc. |
480,800 |
1,812,113 |
Ricoh
Co. Ltd. |
127,400 |
933,561 |
Rinnai
Corp. |
8,000 |
544,522 |
Rohm
Co. Ltd. |
18,100 |
1,271,790 |
Santen
Pharmaceutical Co. Ltd. |
80,700 |
552,230 |
SBI
Holdings, Inc. |
54,800 |
989,911 |
SCSK
Corp. |
30,800 |
454,407 |
Secom
Co. Ltd. |
42,400 |
2,415,549 |
Sega
Sammy Holdings, Inc. |
32,200 |
411,880 |
Seibu
Holdings, Inc. |
54,500 |
487,842 |
Seiko
Epson Corp. |
63,800 |
866,159 |
Sekisui
Chemical Co. Ltd. |
87,400 |
1,091,454 |
Sekisui
House Ltd. |
136,500 |
2,266,282 |
Seven
& i Holdings Co. Ltd. |
159,500 |
5,953,876 |
SG
Holdings Co. Ltd. |
97,200 |
1,288,007 |
Sharp
Corp. |
45,000 |
269,914 |
Shimadzu
Corp. |
55,300 |
1,456,761 |
Shimano,
Inc. |
17,400 |
2,692,533 |
Shimizu
Corp. |
135,200 |
674,647 |
Shin-Etsu
Chemical Co. Ltd. |
83,700 |
8,698,937 |
Shinsei
Bank Ltd. |
11,900 |
177,080 |
Shionogi
& Co. Ltd. |
56,900 |
2,642,280 |
Shiseido
Co. Ltd. |
80,500 |
2,780,246 |
Shizuoka
Financial Group, Inc. |
113,500 |
716,732 |
Showa
Denko KK |
36,700 |
535,767 |
SMC
Corp. |
12,200 |
4,897,108 |
SoftBank
Corp. |
555,500 |
5,479,668 |
SoftBank
Group Corp. |
238,200 |
10,225,026 |
Sojitz
Corp. |
41,080 |
605,600 |
Sompo
Holdings, Inc. |
69,200 |
2,885,107 |
Sony
Group Corp. |
252,000 |
16,993,535 |
Square
Enix Holdings Co. Ltd. |
18,400 |
821,045 |
Stanley
Electric Co. Ltd. |
30,200 |
513,415 |
Subaru
Corp. |
123,300 |
1,927,282 |
SUMCO
Corp. |
69,700 |
883,436 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Sumitomo
Chemical Co. Ltd. |
331,800 |
1,117,257 |
Sumitomo
Corp. |
250,200 |
3,180,985 |
Sumitomo
Electric Industries Ltd. |
158,900 |
1,660,557 |
Sumitomo
Metal Mining Co. Ltd. |
54,800 |
1,536,091 |
Sumitomo
Mitsui Financial Group, Inc. |
275,100 |
7,725,239 |
Sumitomo
Mitsui Trust Holdings, Inc. |
74,600 |
2,146,169 |
Sumitomo
Pharma Co. Ltd. |
38,000 |
264,705 |
Sumitomo
Realty & Development Co. Ltd. |
95,100 |
2,181,015 |
Suntory
Beverage & Food Ltd. |
25,700 |
859,837 |
Suzuki
Motor Corp. |
98,000 |
3,313,362 |
Sysmex
Corp. |
33,800 |
1,819,247 |
T&D
Holdings, Inc. |
118,000 |
1,167,045 |
Taisei
Corp. |
39,800 |
1,084,177 |
Taisho
Pharmaceutical Holdings Co. Ltd. |
11,500 |
414,783 |
Takeda
Pharmaceutical Co. Ltd. |
316,200 |
8,350,526 |
TDK
Corp. |
78,300 |
2,445,964 |
Terumo
Corp. |
152,000 |
4,613,049 |
TIS,
Inc. |
45,100 |
1,215,974 |
Tobu
Railway Co. Ltd. |
41,600 |
962,312 |
Toho
Co. Ltd. |
25,500 |
906,741 |
Tokio
Marine Holdings, Inc. |
407,500 |
7,377,857 |
Tokyo
Century Corp. |
9,300 |
317,199 |
Tokyo
Electric Power Co. Holdings, Inc. * |
160,400 |
522,513 |
Tokyo
Electron Ltd. |
31,400 |
8,261,234 |
Tokyo
Gas Co. Ltd. |
82,400 |
1,472,611 |
Tokyu
Corp. |
124,900 |
1,440,161 |
Tokyu
Fudosan Holdings Corp. |
120,500 |
611,366 |
TOPPAN,
Inc. |
69,700 |
1,039,518 |
Toray
Industries, Inc. |
326,800 |
1,587,382 |
Toshiba
Corp. |
86,800 |
3,012,094 |
Tosoh
Corp. |
64,500 |
701,727 |
TOTO
Ltd. |
31,800 |
907,021 |
Toyo
Suisan Kaisha Ltd. |
20,800 |
780,358 |
Toyota
Boshoku Corp. |
20,600 |
262,126 |
Toyota
Industries Corp. |
40,600 |
2,091,517 |
Toyota
Motor Corp. |
2,515,000 |
34,894,648 |
Toyota
Tsusho Corp. |
48,000 |
1,611,163 |
Trend
Micro, Inc. |
28,300 |
1,426,986 |
Unicharm
Corp. |
88,300 |
2,683,563 |
United
Urban Investment Corp., REIT |
624 |
660,210 |
USS
Co. Ltd. |
42,700 |
644,289 |
Welcia
Holdings Co. Ltd. |
21,100 |
441,019 |
West
Japan Railway Co. |
49,400 |
1,958,540 |
Yakult
Honsha Co. Ltd. |
31,800 |
1,761,686 |
102
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Yamaha
Corp. |
34,400 |
1,298,747 |
Yamaha
Motor Co. Ltd. |
69,700 |
1,438,787 |
Yamato
Holdings Co. Ltd. |
66,600 |
986,298 |
Yaskawa
Electric Corp. |
53,700 |
1,486,915 |
Yokogawa
Electric Corp. |
48,300 |
807,630 |
Z
Holdings Corp. |
532,800 |
1,375,029 |
ZOZO,
Inc. |
22,700 |
481,653
|
|
|
642,565,379 |
Jordan
— 0.0% ^ | ||
Hikma
Pharmaceuticals plc |
35,553 |
510,372
|
Luxembourg
— 0.2% | ||
ArcelorMittal
SA |
114,233 |
2,553,526 |
Eurofins
Scientific SE |
25,813 |
1,652,415 |
RTL
Group SA |
7,458 |
253,169 |
|
|
4,459,110 |
Macau
— 0.1% | ||
Galaxy
Entertainment Group Ltd. |
398,000 |
1,818,322 |
Sands
China Ltd. * |
486,800 |
851,036 |
|
|
2,669,358 |
Mexico
— 0.0% ^ | ||
Fresnillo
plc |
36,993 |
309,281 |
Netherlands
— 5.2% | ||
Adyen
NV *
(b) |
6,196 |
8,845,406 |
Aegon
NV |
282,827 |
1,309,252 |
Akzo
Nobel NV |
36,360 |
2,244,702 |
Argenx
SE * |
10,150 |
3,940,744 |
Argenx
SE * |
870 |
336,689 |
ASM
International NV |
9,281 |
2,053,141 |
ASML
Holding NV (a) |
81,384 |
38,176,190 |
HAL
Trust |
17,729 |
2,042,668 |
Heineken
Holding NV |
21,909 |
1,494,943 |
Heineken
NV |
47,282 |
3,949,667 |
ING
Groep NV |
754,218 |
7,421,199 |
JDE
Peet's NV |
26,166 |
749,005 |
Koninklijke
Ahold Delhaize NV |
209,361 |
5,838,722 |
Koninklijke
DSM NV |
34,988 |
4,115,652 |
Koninklijke
KPN NV |
653,072 |
1,826,712 |
Koninklijke
Philips NV |
178,051 |
2,258,558 |
NN
Group NV |
62,066 |
2,628,028 |
Randstad
NV |
25,074 |
1,249,668 |
Shell
plc |
1,531,578 |
42,427,173 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Netherlands
— continued | ||
Universal
Music Group NV |
152,477 |
2,993,955 |
Wolters
Kluwer NV |
52,552 |
5,584,103 |
|
|
141,486,177 |
New
Zealand — 0.2% | ||
Auckland
International Airport Ltd. * |
241,770 |
1,080,814 |
Contact
Energy Ltd. |
156,858 |
688,043 |
Fisher
& Paykel Healthcare Corp. Ltd. |
115,699 |
1,314,922 |
Fletcher
Building Ltd. |
156,528 |
467,382 |
Mercury
NZ Ltd. |
130,024 |
439,649 |
Meridian
Energy Ltd. |
242,534 |
687,486 |
Ryman
Healthcare Ltd. |
84,339 |
410,755 |
Spark
New Zealand Ltd. |
374,705 |
1,115,408 |
|
|
6,204,459 |
Norway
— 0.9% | ||
Aker
ASA, Class A (a) |
4,777 |
337,083 |
Aker
BP ASA |
62,006 |
1,969,705 |
AutoStore
Holdings Ltd. *
(a) |
199,060 |
376,205 |
DNB
Bank ASA |
180,025 |
3,184,081 |
Equinor
ASA |
209,791 |
7,643,467 |
Gjensidige
Forsikring ASA |
38,113 |
696,657 |
Kongsberg
Gruppen ASA |
17,754 |
636,666 |
Leroy
Seafood Group ASA |
56,209 |
258,824 |
Mowi
ASA |
91,108 |
1,359,858 |
Norsk
Hydro ASA |
273,673 |
1,736,816 |
Orkla
ASA |
150,365 |
1,014,236 |
Salmar
ASA |
11,327 |
384,004 |
Schibsted
ASA, Class A |
14,849 |
229,180 |
Schibsted
ASA, Class B |
20,072 |
298,413 |
Storebrand
ASA |
94,589 |
735,842 |
Telenor
ASA |
129,020 |
1,172,517 |
TOMRA
Systems ASA |
46,876 |
757,122 |
Var
Energi ASA (a) |
79,968 |
271,811 |
|
|
23,062,487 |
Poland
— 0.2% | ||
Allegro.eu
SA *
(b) |
84,636 |
410,498 |
Bank
Polska Kasa Opieki SA |
35,268 |
578,024 |
Cyfrowy
Polsat SA |
48,660 |
182,187 |
Dino
Polska SA *
(b) |
9,647 |
629,682 |
ING
Bank Slaski SA |
6,545 |
228,046 |
KGHM
Polska Miedz SA |
27,279 |
545,376 |
LPP
SA |
211 |
365,610 |
PGE
Polska Grupa Energetyczna SA * |
170,692 |
194,546 |
Polski
Koncern Naftowy ORLEN SA |
76,475 |
878,203 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
103
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Poland
— continued | ||
Polskie
Gornictwo Naftowe i Gazownictwo
SA * |
324,892 |
345,109 |
Powszechna
Kasa Oszczednosci Bank Polski
SA |
172,656 |
940,867 |
Powszechny
Zaklad Ubezpieczen SA |
114,310 |
640,401 |
Santander
Bank Polska SA |
6,772 |
359,579
|
|
|
6,298,128 |
Portugal
— 0.2% | ||
EDP
- Energias de Portugal SA |
587,523 |
2,567,074 |
Galp
Energia SGPS SA |
91,187 |
925,831 |
Jeronimo
Martins SGPS SA |
55,492 |
1,148,298 |
|
|
4,641,203 |
Russia
— 0.0% ^ | ||
Evraz
plc ‡ |
96,418 |
4,527 |
Singapore
— 1.5% | ||
CapitaLand
Ascendas REIT, REIT |
672,800 |
1,244,809 |
CapitaLand
Integrated Commercial Trust,
REIT |
1,007,737 |
1,337,423 |
Capitaland
Investment Ltd. |
491,200 |
1,044,609 |
City
Developments Ltd. |
101,300 |
546,171 |
DBS
Group Holdings Ltd. |
365,200 |
8,829,191 |
Frasers
Property Ltd. |
101,800 |
64,362 |
Genting
Singapore Ltd. |
1,136,400 |
646,240 |
Great
Eastern Holdings Ltd. |
11,400 |
144,139 |
Jardine
Cycle & Carriage Ltd. |
20,200 |
424,274 |
Keppel
Corp. Ltd. |
278,600 |
1,371,274 |
Mapletree
Pan Asia Commercial Trust, REIT |
460,700 |
517,002 |
Olam
Group Ltd. |
215,300 |
203,836 |
Oversea-Chinese
Banking Corp. Ltd. |
810,900 |
6,960,839 |
SATS
Ltd. * |
132,000 |
254,796 |
Singapore
Airlines Ltd. * |
261,850 |
971,282 |
Singapore
Exchange Ltd. |
164,200 |
976,437 |
Singapore
Technologies Engineering Ltd. |
311,600 |
726,445 |
Singapore
Telecommunications Ltd. |
1,421,300 |
2,502,548 |
STMicroelectronics
NV |
131,302 |
4,082,698 |
United
Overseas Bank Ltd. |
308,200 |
6,046,513 |
UOL
Group Ltd. |
92,900 |
405,768 |
Venture
Corp. Ltd. |
54,400 |
612,182 |
|
|
39,912,838 |
South
Africa — 0.3% | ||
Anglo
American plc |
267,793 |
8,021,530 |
South
Korea — 0.0% ^ | ||
Delivery
Hero SE *
(b) |
36,701 |
1,207,790 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Spain
— 2.4% | ||
Acciona
SA |
4,944 |
890,225 |
ACS
Actividades de Construccion y Servicios
SA |
46,017 |
1,180,855 |
Aena
SME SA *
(b) |
14,736 |
1,731,945 |
Amadeus
IT Group SA * |
90,196 |
4,704,200 |
Banco
Bilbao Vizcaya Argentaria SA |
1,334,948 |
6,886,722 |
Banco
Santander SA (a) |
3,362,328 |
8,720,123 |
CaixaBank
SA (a) |
871,442 |
2,889,741 |
Cellnex
Telecom SA (b) |
114,244 |
3,739,236 |
Corp.
ACCIONA Energias Renovables SA |
11,259 |
442,714 |
EDP
Renovaveis SA |
42,312 |
890,350 |
Enagas
SA |
49,823 |
808,822 |
Endesa
SA |
63,656 |
1,063,567 |
Ferrovial
SA |
99,876 |
2,440,807 |
Grifols
SA * |
58,922 |
501,284 |
Grifols
SA (Preference), Class B * |
52,496 |
328,307 |
Iberdrola
SA |
1,172,841 |
11,926,948 |
Industria
de Diseno Textil SA (a) |
224,624 |
5,098,562 |
Mapfre
SA |
195,484 |
335,293 |
Naturgy
Energy Group SA |
36,887 |
946,614 |
Red
Electrica Corp. SA |
86,749 |
1,403,227 |
Repsol
SA |
305,790 |
4,160,114 |
Siemens
Gamesa Renewable Energy SA * |
45,052 |
798,712 |
Telefonica
SA |
1,129,107 |
3,892,255 |
|
|
65,780,623 |
Sweden
— 3.3% | ||
Alfa
Laval AB |
58,828 |
1,448,070 |
Assa
Abloy AB, Class B |
198,550 |
4,009,138 |
Atlas
Copco AB, Class A |
510,875 |
5,452,699 |
Atlas
Copco AB, Class B |
312,492 |
3,022,161 |
Axfood
AB |
21,753 |
538,574 |
Beijer
Ref AB |
49,612 |
769,106 |
Boliden
AB |
54,790 |
1,593,343 |
Castellum
AB |
57,455 |
656,946 |
Electrolux
AB, Class B (a) |
45,129 |
556,765 |
Embracer
Group AB *
(a) |
163,894 |
788,454 |
Epiroc
AB, Class A |
125,472 |
1,920,783 |
Epiroc
AB, Class B |
78,079 |
1,048,381 |
EQT
AB |
55,770 |
1,097,551 |
Essity
AB, Class A |
5,668 |
119,097 |
Essity
AB, Class B |
120,640 |
2,548,925 |
Evolution
AB (b) |
38,324 |
3,574,967 |
Fabege
AB |
53,642 |
389,441 |
Fastighets
AB Balder, Class B * |
126,325 |
474,179 |
104
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Sweden
— continued | ||
Getinge
AB, Class B |
43,845 |
889,746 |
H
& M Hennes & Mauritz AB, Class B (a) |
143,294 |
1,443,280 |
Hexagon
AB, Class B |
426,052 |
4,211,906 |
Holmen
AB, Class B |
18,563 |
673,659 |
Husqvarna
AB, Class A |
4,925 |
29,383 |
Husqvarna
AB, Class B |
83,348 |
494,850 |
Industrivarden
AB, Class A (a) |
36,590 |
828,686 |
Industrivarden
AB, Class C |
34,087 |
765,438 |
Indutrade
AB |
53,284 |
932,894 |
Intrum
AB (a) |
14,910 |
187,601 |
Investment
AB Latour, Class B |
27,297 |
461,108 |
Investor
AB, Class A |
112,327 |
1,910,094 |
Investor
AB, Class B |
364,762 |
5,953,141 |
Kinnevik
AB, Class A * |
1,693 |
21,213 |
Kinnevik
AB, Class B * |
48,582 |
600,155 |
L
E Lundbergforetagen AB, Class B |
12,822 |
506,054 |
Lifco
AB, Class B |
42,270 |
610,795 |
Nibe
Industrier AB, Class B |
306,977 |
2,448,686 |
Nordnet
AB publ |
32,631 |
404,227 |
Orron
Energy ab |
38,396 |
79,651 |
Saab
AB, Class B |
16,348 |
577,641 |
Sagax
AB, Class B |
37,584 |
692,574 |
Sagax
AB, Class D |
20,226 |
48,707 |
Samhallsbyggnadsbolaget
i Norden AB (a) |
214,216 |
294,308 |
Samhallsbyggnadsbolaget
i Norden AB,
Class
D (a) |
29,746 |
48,909 |
Sandvik
AB |
218,487 |
3,414,241 |
Securitas
AB, Class B (a) |
100,697 |
822,776 |
Skandinaviska
Enskilda Banken AB, Class C |
2,825 |
32,238 |
Skandinaviska
Enskilda Banken AB, Class A |
340,775 |
3,592,925 |
Skanska
AB, Class B |
80,217 |
1,247,482 |
SKF
AB, Class A |
2,909 |
44,473 |
SKF
AB, Class B |
75,048 |
1,086,367 |
SSAB
AB, Class A |
44,591 |
214,486 |
SSAB
AB, Class B |
126,392 |
587,271 |
Storskogen
Group AB, Class B (a) |
303,457 |
221,568 |
Svenska
Cellulosa AB SCA, Class A |
6,241 |
75,321 |
Svenska
Cellulosa AB SCA, Class B |
120,141 |
1,417,399 |
Svenska
Handelsbanken AB, Class B (a) |
7,053 |
77,124 |
Svenska
Handelsbanken AB, Class A |
307,588 |
2,857,811 |
Swedbank
AB, Class A |
183,575 |
2,736,745 |
Swedish
Match AB |
305,318 |
3,140,163 |
Tele2
AB, Class B |
109,887 |
900,636 |
Telefonaktiebolaget
LM Ericsson, Class A |
11,002 |
65,352 |
Telefonaktiebolaget
LM Ericsson, Class B |
615,109 |
3,419,603 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Sweden
— continued | ||
Telia
Co. AB (a) |
491,255 |
1,301,711 |
Trelleborg
AB, Class B |
48,610 |
1,070,347 |
Vitrolife
AB |
14,912 |
241,006 |
Volvo
AB, Class A |
38,425 |
656,362 |
Volvo
AB, Class B |
318,024 |
5,205,079 |
Volvo
Car AB, Class B * |
107,574 |
456,553
|
|
|
90,008,325 |
Switzerland
— 5.6% | ||
ABB
Ltd. (Registered) |
342,211 |
9,503,303 |
Alcon,
Inc. |
100,142 |
6,097,185 |
Baloise
Holding AG (Registered) |
9,175 |
1,253,508 |
Barry
Callebaut AG (Registered) |
711 |
1,345,150 |
Chocoladefabriken
Lindt & Spruengli AG |
211 |
2,024,976 |
Chocoladefabriken
Lindt & Spruengli AG
(Registered) |
20 |
1,943,778 |
Cie
Financiere Richemont SA (Registered) |
104,508 |
10,213,939 |
Credit
Suisse Group AG (Registered) (a) |
504,692 |
2,090,668 |
EMS-Chemie
Holding AG (Registered) |
1,353 |
850,754 |
Geberit
AG (Registered) |
7,193 |
3,197,559 |
Givaudan
SA (Registered) |
1,588 |
4,743,264 |
Holcim
AG * |
113,443 |
5,153,982 |
Julius
Baer Group Ltd. |
42,800 |
2,053,496 |
Kuehne
+ Nagel International AG
(Registered) |
11,356 |
2,417,310 |
Lonza
Group AG (Registered) |
14,910 |
7,675,432 |
Mediclinic
International plc |
81,424 |
463,199 |
Novartis
AG (Registered) |
481,234 |
38,927,387 |
Partners
Group Holding AG |
4,548 |
4,082,211 |
Schindler
Holding AG |
8,152 |
1,329,314 |
Schindler
Holding AG (Registered) |
4,166 |
655,812 |
SGS
SA (Registered) |
1,218 |
2,685,095 |
Sika
AG (Registered) |
30,814 |
6,947,812 |
Sonova
Holding AG (Registered) |
10,633 |
2,513,256 |
Straumann
Holding AG (Registered) |
23,305 |
2,217,968 |
Swatch
Group AG (The) |
5,797 |
1,302,641 |
Swatch
Group AG (The) (Registered) |
10,998 |
459,482 |
Swiss
Life Holding AG (Registered) |
6,167 |
2,986,199 |
Swisscom
AG (Registered) |
5,089 |
2,512,893 |
Temenos
AG (Registered) |
13,477 |
802,674 |
UBS
Group AG (Registered) |
705,652 |
11,187,522 |
Zurich
Insurance Group AG |
30,134 |
12,842,326 |
|
|
152,480,095 |
United
Arab Emirates — 0.0% ^ | ||
NMC
Health plc ‡
* |
300 |
— |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
105
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — 12.1% | ||
3i
Group plc |
194,854 |
2,595,140 |
abrdn
plc |
437,045 |
796,375 |
Admiral
Group plc |
54,688 |
1,264,696 |
Ashtead
Group plc |
89,956 |
4,686,085 |
Associated
British Foods plc |
71,403 |
1,106,696 |
AstraZeneca
plc |
310,218 |
36,398,558 |
Auto
Trader Group plc (b) |
194,206 |
1,162,475 |
AVEVA
Group plc |
24,798 |
887,477 |
Aviva
plc |
561,128 |
2,691,522 |
B&M
European Value Retail SA |
170,564 |
630,334 |
BAE
Systems plc |
645,608 |
6,038,740 |
Barclays
plc |
3,189,433 |
5,419,657 |
Barratt
Developments plc |
204,928 |
883,874 |
Berkeley
Group Holdings plc |
22,514 |
895,773 |
BP
plc |
4,176,514 |
23,107,016 |
British
American Tobacco plc |
447,556 |
17,675,541 |
British
Land Co. plc (The), REIT |
187,979 |
788,552 |
BT
Group plc |
1,396,963 |
2,081,799 |
Bunzl
plc |
67,617 |
2,203,336 |
Burberry
Group plc |
81,144 |
1,690,806 |
Centrica
plc |
1,183,361 |
1,039,833 |
CK
Hutchison Holdings Ltd. |
540,500 |
2,690,519 |
CNH
Industrial NV |
199,405 |
2,579,719 |
Coca-Cola
Europacific Partners plc |
40,294 |
1,895,833 |
Compass
Group plc |
357,451 |
7,528,571 |
ConvaTec
Group plc (b) |
322,933 |
808,052 |
Croda
International plc |
28,534 |
2,210,518 |
Darktrace
plc * |
67,039 |
274,404 |
DCC
plc |
20,309 |
1,127,168 |
Dechra
Pharmaceuticals plc |
22,775 |
684,668 |
Derwent
London plc, REIT |
22,499 |
556,835 |
Diageo
plc |
466,755 |
19,208,143 |
Direct
Line Insurance Group plc |
262,540 |
606,582 |
DS
Smith plc |
275,755 |
919,622 |
easyJet
plc * |
113,301 |
451,129 |
Entain
plc |
117,902 |
1,705,639 |
Experian
plc |
194,107 |
6,189,155 |
Halma
plc |
76,086 |
1,845,033 |
Harbour
Energy plc |
108,808 |
472,209 |
Hargreaves
Lansdown plc |
70,272 |
614,150 |
Hiscox
Ltd. |
70,912 |
730,515 |
Howden
Joinery Group plc |
116,246 |
684,759 |
HSBC
Holdings plc |
3,997,699 |
20,516,405 |
Imperial
Brands plc |
192,118 |
4,679,821 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Kingdom — continued | ||
Informa
plc |
301,245 |
1,919,510 |
InterContinental
Hotels Group plc |
37,581 |
2,019,255 |
Intermediate
Capital Group plc |
58,938 |
717,675 |
International
Distributions Services plc |
158,458 |
366,574 |
Intertek
Group plc |
32,349 |
1,355,196 |
ITV
plc |
725,320 |
558,466 |
J
Sainsbury plc |
352,036 |
784,721 |
JD
Sports Fashion plc |
495,690 |
553,900 |
Johnson
Matthey plc |
39,875 |
885,130 |
Kingfisher
plc |
404,180 |
1,015,476 |
Land
Securities Group plc, REIT |
150,575 |
984,593 |
Legal
& General Group plc |
1,195,762 |
3,198,977 |
Lloyds
Banking Group plc |
14,222,203 |
6,830,468 |
London
Stock Exchange Group plc |
68,913 |
5,973,520 |
M&G
plc |
521,066 |
1,047,149 |
Melrose
Industries plc |
811,718 |
1,088,826 |
National
Grid plc |
776,048 |
8,455,142 |
NatWest
Group plc |
1,012,820 |
2,727,833 |
Next
plc |
25,874 |
1,461,355 |
Ocado
Group plc * |
145,327 |
787,861 |
Pearson
plc |
151,627 |
1,675,952 |
Pepco
Group NV *
(b) |
24,178 |
169,872 |
Persimmon
plc |
63,991 |
957,553 |
Phoenix
Group Holdings plc |
170,276 |
1,059,794 |
Reckitt
Benckiser Group plc |
147,463 |
9,786,237 |
RELX
plc |
396,891 |
10,660,689 |
Rentokil
Initial plc |
502,323 |
3,134,551 |
Rightmove
plc |
175,474 |
988,128 |
Rolls-Royce
Holdings plc * |
1,677,009 |
1,504,048 |
Sage
Group plc (The) |
220,614 |
1,838,761 |
Schroders
plc |
202,235 |
908,037 |
Segro
plc, REIT |
242,068 |
2,178,613 |
Severn
Trent plc |
50,777 |
1,457,287 |
Smith
& Nephew plc |
177,159 |
2,093,473 |
Smiths
Group plc |
75,388 |
1,350,391 |
Spirax-Sarco
Engineering plc |
14,757 |
1,818,558 |
SSE
plc |
209,871 |
3,750,581 |
St.
James's Place plc |
108,921 |
1,330,095 |
Standard
Chartered plc |
496,633 |
2,967,254 |
Tate
& Lyle plc |
80,398 |
646,013 |
Taylor
Wimpey plc |
731,231 |
786,168 |
Tesco
plc |
1,499,398 |
3,703,340 |
Travis
Perkins plc |
42,541 |
400,949 |
Unilever
plc |
526,386 |
23,926,538 |
106
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
United
Utilities Group plc |
136,660 |
1,472,676 |
Vodafone
Group plc |
5,365,430 |
6,263,617 |
Weir
Group plc (The) |
52,035 |
906,649 |
Whitbread
plc |
40,367 |
1,188,086 |
Wise
plc, Class A * |
94,354 |
718,675 |
WPP
plc |
243,186 |
2,140,073 |
|
|
327,538,019 |
United
States — 6.5% | ||
Carnival
plc * |
31,425 |
249,682 |
Computershare
Ltd. |
114,942 |
1,860,686 |
CSL
Ltd. |
96,437 |
17,263,714 |
Ferguson
plc |
46,477 |
5,068,722 |
GSK
plc |
802,295 |
13,142,474 |
James
Hardie Industries plc, CHDI |
89,167 |
1,946,782 |
Nestle
SA (Registered) |
550,563 |
59,933,629 |
QIAGEN
NV * |
46,206 |
1,995,322 |
Roche
Holding AG |
140,654 |
46,668,742 |
Roche
Holding AG |
5,350 |
2,171,513 |
Schneider
Electric SE |
114,332 |
14,458,015 |
Sinch
AB *
(a) (b) |
132,474 |
311,044 |
Stellantis
NV |
433,047 |
5,842,488 |
Swiss
Re AG |
57,844 |
4,296,929 |
Tenaris
SA |
92,266 |
1,444,070 |
|
|
176,653,812 |
Total
Common Stocks
(Cost
$2,967,992,598) |
|
2,684,196,896 |
Short-Term
Investments — 1.1% | ||
Investment
Companies — 0.4% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d)(Cost
$12,102,999) |
12,102,999 |
12,102,999 |
Investment
of Cash Collateral from Securities Loaned — 0.7% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
14,009,724 |
14,009,724 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d) |
3,852,619 |
3,852,619 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$17,862,441) |
|
17,862,343 |
Total
Short-Term Investments
(Cost
$29,965,440) |
|
29,965,342 |
INVESTMENTS |
SHARES |
VALUE($) |
Total
Investments — 100.1%
(Cost
$2,997,958,038) |
|
2,714,162,238 |
Liabilities
in Excess of Other Assets —
(0.1)% |
|
(4,064,720) |
NET
ASSETS — 100.0% |
|
2,710,097,518 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
APAC |
Asia
Pacific |
CHDI |
Clearing
House Electronic Subregister System (CHESS) Depository
Interest |
CVA |
Dutch
Certification |
OYJ |
Public
Limited Company |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
REIT |
Real
Estate Investment Trust |
SCA |
Limited
partnership with share capital |
SGPS |
Holding
company |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $16,847,367. |
|
(b) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
107
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Pharmaceuticals |
9.6% |
Banks |
9.2 |
Oil,
Gas & Consumable Fuels |
5.2 |
Insurance |
5.0 |
Food
Products |
3.4 |
Metals
& Mining |
3.3 |
Automobiles |
3.2 |
Chemicals |
3.1 |
Machinery |
2.9 |
Textiles,
Apparel & Luxury Goods |
2.6 |
Semiconductors
& Semiconductor Equipment |
2.5 |
Capital
Markets |
2.5 |
Health
Care Equipment & Supplies |
2.1 |
Beverages |
2.1 |
Diversified
Telecommunication Services |
1.9 |
Personal
Products |
1.8 |
Trading
Companies & Distributors |
1.8 |
Electric
Utilities |
1.8 |
Electrical
Equipment |
1.7 |
Professional
Services |
1.6 |
IT
Services |
1.6 |
Electronic
Equipment, Instruments & Components |
1.5 |
Industrial
Conglomerates |
1.5 |
Food
& Staples Retailing |
1.4 |
Aerospace
& Defense |
1.4 |
Real
Estate Management & Development |
1.4 |
Hotels,
Restaurants & Leisure |
1.3 |
Software |
1.3 |
Equity
Real Estate Investment Trusts (REITs) |
1.3 |
Wireless
Telecommunication Services |
1.2 |
Household
Durables |
1.1 |
Tobacco |
1.1 |
Building
Products |
1.0 |
Biotechnology |
1.0 |
Others
(each less than 1.0%) |
13.5 |
Short-Term
Investments |
1.1 |
108
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
EAFE E-Mini Index |
300 |
12/16/2022 |
USD |
26,343,000 |
(562,111) |
Abbreviations |
|
EAFE |
Europe,
Australasia and Far East |
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
109
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.9% | ||
Air
Freight & Logistics — 0.5% | ||
NIPPON
EXPRESS HOLDINGS, Inc. |
162,600 |
8,170,312 |
SG
Holdings Co. Ltd. |
929,900 |
12,322,198 |
Yamato
Holdings Co. Ltd. |
639,100 |
9,464,615 |
|
|
29,957,125 |
Airlines
— 0.2% | ||
ANA
Holdings, Inc. * |
305,400 |
5,936,585 |
Japan
Airlines Co. Ltd. * |
275,700 |
5,149,561 |
|
|
11,086,146 |
Auto
Components — 2.2% | ||
Aisin
Corp. |
349,400 |
8,969,011 |
Bridgestone
Corp. |
1,173,300 |
42,434,099 |
Denso
Corp. |
963,900 |
47,824,792 |
Koito
Manufacturing Co. Ltd. |
491,700 |
6,980,589 |
NGK
Spark Plug Co. Ltd. |
327,500 |
5,974,927 |
Stanley
Electric Co. Ltd. |
287,800 |
4,892,744 |
Sumitomo
Electric Industries Ltd. |
1,517,200 |
15,855,233 |
Toyota
Boshoku Corp. |
193,900 |
2,467,297 |
|
|
135,398,692 |
Automobiles
— 8.2% | ||
Honda
Motor Co. Ltd. |
3,254,700 |
74,215,218 |
Isuzu
Motors Ltd. |
1,188,800 |
13,979,883 |
Mazda
Motor Corp. |
1,146,900 |
7,722,035 |
Mitsubishi
Motors Corp. * |
1,310,500 |
4,414,731 |
Nissan
Motor Co. Ltd. |
4,517,800 |
14,399,604 |
Subaru
Corp. |
1,176,300 |
18,386,550 |
Suzuki
Motor Corp. |
939,000 |
31,747,419 |
Toyota
Motor Corp. |
24,010,600 |
333,137,751 |
Yamaha
Motor Co. Ltd. |
669,400 |
13,818,137 |
|
|
511,821,328 |
Banks
— 5.0% | ||
Bank
of Kyoto Ltd. (The) |
145,000 |
5,225,196 |
Chiba
Bank Ltd. (The) |
1,403,000 |
7,687,210 |
Concordia
Financial Group Ltd. |
2,311,900 |
7,054,118 |
Fukuoka
Financial Group, Inc. |
365,400 |
6,217,503 |
Mitsubishi
UFJ Financial Group, Inc. |
24,116,900 |
113,924,638 |
Mizuho
Financial Group, Inc. |
4,853,200 |
52,489,639 |
Resona
Holdings, Inc. |
4,589,300 |
17,296,860 |
Shinsei
Bank Ltd. |
113,500 |
1,688,956 |
Shizuoka
Financial Group, Inc. |
1,080,200 |
6,821,273 |
Sumitomo
Mitsui Financial Group, Inc. |
2,627,300 |
73,778,699 |
Sumitomo
Mitsui Trust Holdings, Inc. |
717,600 |
20,644,654 |
|
|
312,828,746 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Beverages
— 0.9% | ||
Asahi
Group Holdings Ltd. |
969,000 |
27,113,341 |
Kirin
Holdings Co. Ltd. |
1,589,500 |
23,365,551 |
Suntory
Beverage & Food Ltd. |
242,000 |
8,096,523 |
|
|
58,575,415 |
Building
Products — 1.8% | ||
AGC,
Inc. |
434,800 |
13,624,441 |
Daikin
Industries Ltd. |
559,900 |
83,865,843 |
Lixil
Corp. |
556,600 |
8,407,598 |
TOTO
Ltd. |
304,400 |
8,682,298 |
|
|
114,580,180 |
Capital
Markets — 0.8% | ||
Daiwa
Securities Group, Inc. |
2,849,400 |
11,117,426 |
Japan
Exchange Group, Inc. |
1,010,600 |
13,281,091 |
Nomura
Holdings, Inc. |
5,747,600 |
18,599,001 |
SBI
Holdings, Inc. |
520,300 |
9,398,731 |
|
|
52,396,249 |
Chemicals
— 3.7% | ||
Air
Water, Inc. |
439,200 |
4,903,590 |
Asahi
Kasei Corp. |
2,664,400 |
17,083,908 |
JSR
Corp. |
410,200 |
7,794,224 |
Kansai
Paint Co. Ltd. |
495,300 |
6,463,264 |
Mitsubishi
Chemical Group Corp. |
2,735,200 |
12,355,861 |
Mitsubishi
Gas Chemical Co., Inc. |
390,600 |
4,963,440 |
Mitsui
Chemicals, Inc. |
367,900 |
6,809,439 |
Nippon
Paint Holdings Co. Ltd. (a) |
2,038,600 |
12,992,050 |
Nippon
Sanso Holdings Corp. |
405,300 |
6,452,957 |
Nissan
Chemical Corp. |
271,700 |
12,230,687 |
Nitto
Denko Corp. |
286,300 |
15,083,930 |
Shin-Etsu
Chemical Co. Ltd. |
796,600 |
82,790,603 |
Showa
Denko KK |
353,600 |
5,162,052 |
Sumitomo
Chemical Co. Ltd. |
3,164,500 |
10,655,694 |
Toray
Industries, Inc. |
3,118,400 |
15,147,156 |
Tosoh
Corp. |
621,100 |
6,757,249 |
|
|
227,646,104 |
Commercial
Services & Supplies — 0.7% | ||
Dai
Nippon Printing Co. Ltd. |
515,400 |
10,323,837 |
Secom
Co. Ltd. |
409,900 |
23,352,208 |
TOPPAN,
Inc. |
668,400 |
9,968,635 |
|
|
43,644,680 |
Construction
& Engineering — 0.6% | ||
Kajima
Corp. |
909,200 |
8,558,471 |
Obayashi
Corp. |
1,378,700 |
8,849,418 |
110
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Construction
& Engineering — continued | ||
Shimizu
Corp. |
1,295,800 |
6,466,031 |
Taisei
Corp. |
383,700 |
10,452,227 |
|
|
34,326,147 |
Consumer
Finance — 0.1% | ||
Acom
Co. Ltd. |
898,200 |
1,962,257 |
Marui
Group Co. Ltd. |
398,600 |
6,521,249 |
|
|
8,483,506 |
Diversified
Financial Services — 0.7% | ||
Mitsubishi
HC Capital, Inc. |
1,513,800 |
6,495,805 |
ORIX
Corp. |
2,284,900 |
33,559,931 |
Tokyo
Century Corp. |
89,200 |
3,042,379 |
|
|
43,098,115 |
Diversified
Telecommunication Services — 1.0% | ||
Nippon
Telegraph & Telephone Corp. |
2,284,700 |
63,013,643 |
Electric
Utilities — 0.5% | ||
Chubu
Electric Power Co., Inc. |
1,448,500 |
11,790,683 |
Kansai
Electric Power Co., Inc. (The) |
1,578,800 |
11,959,827 |
Kyushu
Electric Power Co., Inc. |
906,200 |
4,486,665 |
Tokyo
Electric Power Co. Holdings, Inc. * |
1,536,000 |
5,003,620 |
|
|
33,240,795 |
Electrical
Equipment — 1.7% | ||
Fuji
Electric Co. Ltd. |
285,500 |
11,038,851 |
Mitsubishi
Electric Corp. |
4,103,900 |
36,108,630 |
Nidec
Corp. |
1,014,600 |
55,786,784 |
|
|
102,934,265 |
Electronic
Equipment, Instruments & Components — 5.3% | ||
Hamamatsu
Photonics KK |
280,900 |
12,708,281 |
Hirose
Electric Co. Ltd. |
59,900 |
7,770,314 |
Ibiden
Co. Ltd. |
269,500 |
9,084,137 |
Keyence
Corp. |
381,100 |
143,699,588 |
Kyocera
Corp. |
664,100 |
32,160,009 |
Murata
Manufacturing Co. Ltd. |
1,226,800 |
58,076,032 |
Omron
Corp. |
394,000 |
18,375,509 |
Shimadzu
Corp. |
526,200 |
13,861,624 |
TDK
Corp. |
743,100 |
23,213,226 |
Yokogawa
Electric Corp. |
456,900 |
7,639,879 |
|
|
326,588,599 |
Entertainment
— 2.3% | ||
Capcom
Co. Ltd. |
305,600 |
8,500,255 |
Koei
Tecmo Holdings Co. Ltd. |
231,300 |
3,490,070 |
Konami
Group Corp. |
192,300 |
8,428,766 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Entertainment
— continued | ||
Nexon
Co. Ltd. (a) |
896,400 |
15,000,563 |
Nintendo
Co. Ltd. |
2,234,000 |
90,698,382 |
Square
Enix Holdings Co. Ltd. |
170,800 |
7,621,443 |
Toho
Co. Ltd. |
242,200 |
8,612,264 |
|
|
142,351,743 |
Equity
Real Estate Investment Trusts (REITs) — 1.6% | ||
Advance
Residence Investment Corp. |
2,650 |
6,169,635 |
Daiwa
House REIT Investment Corp. |
4,076 |
8,226,578 |
GLP
J-REIT |
8,578 |
8,896,092 |
Japan
Metropolitan Fund Invest |
13,359 |
9,841,968 |
Japan
Prime Realty Investment Corp. |
1,909 |
5,184,547 |
Japan
Real Estate Investment Corp. |
2,650 |
11,104,267 |
Nippon
Building Fund, Inc. |
3,249 |
14,442,601 |
Nippon
Prologis REIT, Inc. |
5,104 |
10,709,691 |
Nomura
Real Estate Master Fund, Inc. |
9,011 |
10,280,037 |
Orix
JREIT, Inc. |
5,275 |
7,077,027 |
United
Urban Investment Corp. |
5,959 |
6,304,790 |
|
|
98,237,233 |
Food
& Staples Retailing — 1.9% | ||
Aeon
Co. Ltd. |
1,666,300 |
31,077,488 |
Cosmos
Pharmaceutical Corp. |
41,600 |
4,023,333 |
Kobe
Bussan Co. Ltd. (a) |
272,200 |
5,904,185 |
Lawson,
Inc. |
95,700 |
3,057,330 |
MatsukiyoCocokara
& Co. |
273,500 |
9,957,766 |
Seven
& i Holdings Co. Ltd. |
1,524,500 |
56,907,107 |
Welcia
Holdings Co. Ltd. |
196,500 |
4,107,124 |
|
|
115,034,333 |
Food
Products — 1.7% | ||
Ajinomoto
Co., Inc. |
1,026,500 |
28,232,059 |
Kikkoman
Corp. |
370,600 |
20,082,847 |
MEIJI
Holdings Co. Ltd. |
269,700 |
11,097,917 |
NH
Foods Ltd. |
197,000 |
4,694,805 |
Nisshin
Seifun Group, Inc. |
500,500 |
5,408,214 |
Nissin
Foods Holdings Co. Ltd. |
157,300 |
10,181,858 |
Toyo
Suisan Kaisha Ltd. |
195,200 |
7,323,357 |
Yakult
Honsha Co. Ltd. |
304,000 |
16,841,279 |
|
|
103,862,336 |
Gas
Utilities — 0.4% | ||
Osaka
Gas Co. Ltd. |
796,600 |
11,795,812 |
Tokyo
Gas Co. Ltd. |
783,500 |
14,002,317 |
|
|
25,798,129 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
111
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Equipment & Supplies — 3.0% | ||
Asahi
Intecc Co. Ltd. (a) |
451,600 |
7,693,074 |
Hoya
Corp. |
698,800 |
64,961,419 |
Olympus
Corp. |
2,457,700 |
51,819,349 |
Sysmex
Corp. |
324,300 |
17,455,084 |
Terumo
Corp. |
1,451,300 |
44,045,510 |
|
|
185,974,436 |
Health
Care Providers & Services — 0.2% | ||
Alfresa
Holdings Corp. |
387,500 |
4,461,240 |
Medipal
Holdings Corp. |
401,700 |
4,980,297 |
|
|
9,441,537 |
Health
Care Technology — 0.4% | ||
M3,
Inc. |
817,500 |
24,361,646 |
Hotels,
Restaurants & Leisure — 1.1% | ||
McDonald's
Holdings Co. Japan Ltd. |
165,000 |
5,728,348 |
Oriental
Land Co. Ltd. |
444,900 |
59,584,428 |
|
|
65,312,776 |
Household
Durables — 4.1% | ||
Haseko
Corp. |
431,300 |
4,441,624 |
Iida
Group Holdings Co. Ltd. |
335,900 |
4,664,095 |
Nikon
Corp. |
665,300 |
6,434,205 |
Open
House Group Co. Ltd. |
142,500 |
5,068,642 |
Panasonic
Holdings Corp. |
4,456,100 |
31,739,085 |
Rinnai
Corp. |
76,500 |
5,206,996 |
Sekisui
Chemical Co. Ltd. |
832,600 |
10,397,538 |
Sekisui
House Ltd. |
1,308,900 |
21,731,405 |
Sharp
Corp. |
435,200 |
2,610,367 |
Sony
Group Corp. |
2,410,100 |
162,524,276 |
|
|
254,818,233 |
Household
Products — 0.5% | ||
Lion
Corp. |
558,800 |
5,647,622 |
Unicharm
Corp. |
842,300 |
25,598,703 |
|
|
31,246,325 |
Industrial
Conglomerates — 1.8% | ||
Hitachi
Ltd. |
1,851,300 |
84,000,567 |
Toshiba
Corp. |
827,800 |
28,725,934 |
|
|
112,726,501 |
Insurance
— 3.2% | ||
Dai-ichi
Life Holdings, Inc. |
1,970,900 |
31,303,315 |
Japan
Post Holdings Co. Ltd. |
4,614,200 |
31,028,549 |
Japan
Post Insurance Co. Ltd. |
381,900 |
5,653,326 |
MS&AD
Insurance Group Holdings, Inc. |
874,000 |
23,144,572 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Insurance
— continued | ||
Sompo
Holdings, Inc. |
664,600 |
27,708,702 |
T&D
Holdings, Inc. |
1,125,700 |
11,133,410 |
Tokio
Marine Holdings, Inc. |
3,898,700 |
70,586,633 |
|
|
200,558,507 |
Interactive
Media & Services — 0.3% | ||
Kakaku.com,
Inc. |
243,100 |
4,111,549 |
Z
Holdings Corp. |
5,081,400 |
13,113,873 |
|
|
17,225,422 |
Internet
& Direct Marketing Retail — 0.2% | ||
Rakuten
Group, Inc. |
1,748,100 |
7,804,161 |
ZOZO,
Inc. |
214,500 |
4,551,305 |
|
|
12,355,466 |
IT
Services — 2.4% | ||
Fujitsu
Ltd. |
348,400 |
40,086,393 |
GMO
Payment Gateway, Inc. |
84,800 |
6,097,615 |
Itochu
Techno-Solutions Corp. |
178,600 |
4,140,617 |
NEC
Corp. |
521,500 |
17,262,129 |
Nomura
Research Institute Ltd. |
852,700 |
18,870,427 |
NTT
Data Corp. |
1,233,400 |
17,864,391 |
Obic
Co. Ltd. |
125,900 |
18,892,921 |
Otsuka
Corp. |
225,100 |
7,088,885 |
SCSK
Corp. |
292,900 |
4,321,292 |
TIS,
Inc. |
436,900 |
11,779,582 |
|
|
146,404,252 |
Leisure
Products — 1.1% | ||
Bandai
Namco Holdings, Inc. |
424,500 |
28,060,690 |
Sega
Sammy Holdings, Inc. |
308,800 |
3,949,957 |
Shimano,
Inc. |
160,200 |
24,789,874 |
Yamaha
Corp. |
329,100 |
12,424,936 |
|
|
69,225,457 |
Machinery
— 4.8% | ||
Daifuku
Co. Ltd. |
241,800 |
11,068,384 |
FANUC
Corp. |
366,700 |
47,983,293 |
Hino
Motors Ltd. |
548,800 |
2,280,691 |
Hitachi
Construction Machinery Co. Ltd. |
197,500 |
3,863,896 |
Hoshizaki
Corp. |
227,000 |
6,503,549 |
Kawasaki
Heavy Industries Ltd. |
320,700 |
5,454,275 |
Komatsu
Ltd. |
1,860,000 |
36,437,762 |
Kubota
Corp. |
2,179,200 |
30,398,950 |
Kurita
Water Industries Ltd. |
204,500 |
7,485,723 |
Makita
Corp. |
535,100 |
9,778,154 |
MINEBEA
MITSUMI, Inc. |
775,200 |
11,456,248 |
112
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Machinery
— continued | ||
MISUMI
Group, Inc. |
543,600 |
11,578,385 |
Mitsubishi
Heavy Industries Ltd. |
645,000 |
22,216,434 |
NGK
Insulators Ltd. |
515,600 |
6,015,023 |
NSK
Ltd. |
938,000 |
4,957,547 |
SMC
Corp. |
117,500 |
47,164,767 |
Toyota
Industries Corp. |
392,200 |
20,204,264 |
Yaskawa
Electric Corp. |
509,800 |
14,116,001 |
|
|
298,963,346 |
Marine
— 0.5% | ||
Mitsui
OSK Lines Ltd. (a) |
691,600 |
13,690,359 |
Nippon
Yusen KK |
974,900 |
17,659,799 |
|
|
31,350,158 |
Media
— 0.4% | ||
CyberAgent,
Inc. |
792,800 |
6,512,998 |
Dentsu
Group, Inc. |
457,400 |
14,226,680 |
Hakuhodo
DY Holdings, Inc. |
580,900 |
4,894,516 |
|
|
25,634,194 |
Metals
& Mining — 0.9% | ||
Hitachi
Metals Ltd. * |
385,200 |
5,625,544 |
JFE
Holdings, Inc. |
1,104,000 |
10,113,881 |
Nippon
Steel Corp. |
1,816,100 |
24,914,212 |
Sumitomo
Metal Mining Co. Ltd. |
522,500 |
14,646,120 |
|
|
55,299,757 |
Multiline
Retail — 0.3% | ||
Pan
Pacific International Holdings Corp. |
1,018,700 |
16,717,604 |
Oil,
Gas & Consumable Fuels — 0.8% | ||
ENEOS
Holdings, Inc. |
6,174,100 |
20,366,234 |
Idemitsu
Kosan Co. Ltd. |
432,852 |
9,470,906 |
Inpex
Corp. |
2,014,200 |
20,328,107 |
|
|
50,165,247 |
Paper
& Forest Products — 0.1% | ||
Oji
Holdings Corp. |
1,938,800 |
6,721,287 |
Personal
Products — 1.2% | ||
Kao
Corp. |
907,700 |
33,904,360 |
Kobayashi
Pharmaceutical Co. Ltd. (a) |
111,000 |
5,890,413 |
Kose
Corp. |
68,400 |
6,827,721 |
Shiseido
Co. Ltd. (a) |
764,300 |
26,396,792 |
|
|
73,019,286 |
Pharmaceuticals
— 6.8% | ||
Astellas
Pharma, Inc. |
3,508,800 |
48,415,074 |
Chugai
Pharmaceutical Co. Ltd. |
1,219,200 |
28,251,136 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Pharmaceuticals
— continued | ||
Daiichi
Sankyo Co. Ltd. |
3,721,400 |
119,124,867 |
Eisai
Co. Ltd. |
567,100 |
34,197,940 |
Kyowa
Kirin Co. Ltd. |
484,700 |
11,415,510 |
Nippon
Shinyaku Co. Ltd. |
117,100 |
6,483,389 |
Ono
Pharmaceutical Co. Ltd. |
909,700 |
21,408,479 |
Otsuka
Holdings Co. Ltd. |
1,066,000 |
34,170,112 |
Santen
Pharmaceutical Co. Ltd. |
765,700 |
5,239,685 |
Shionogi
& Co. Ltd. |
541,700 |
25,155,059 |
Sumitomo
Pharma Co. Ltd. |
364,500 |
2,539,075 |
Taisho
Pharmaceutical Holdings Co. Ltd. |
108,700 |
3,920,597 |
Takeda
Pharmaceutical Co. Ltd. |
3,024,500 |
79,874,024 |
|
|
420,194,947 |
Professional
Services — 1.8% | ||
Nihon
M&A Center Holdings, Inc. |
572,700 |
6,462,235 |
Persol
Holdings Co. Ltd. |
362,000 |
7,248,089 |
Recruit
Holdings Co. Ltd. |
3,241,100 |
99,732,436 |
|
|
113,442,760 |
Real
Estate Management & Development — 2.3% | ||
Daito
Trust Construction Co. Ltd. |
131,900 |
13,061,239 |
Daiwa
House Industry Co. Ltd. |
1,273,300 |
25,653,603 |
Hulic
Co. Ltd. |
1,144,600 |
8,314,769 |
Mitsubishi
Estate Co. Ltd. |
2,526,600 |
31,772,750 |
Mitsui
Fudosan Co. Ltd. |
1,822,800 |
34,903,655 |
Nomura
Real Estate Holdings, Inc. |
220,100 |
4,975,098 |
Sumitomo
Realty & Development Co. Ltd. |
909,800 |
20,865,270 |
Tokyu
Fudosan Holdings Corp. |
1,155,300 |
5,861,501 |
|
|
145,407,885 |
Road
& Rail — 3.1% | ||
Central
Japan Railway Co. |
393,500 |
45,558,073 |
East
Japan Railway Co. |
722,600 |
38,504,020 |
Hankyu
Hanshin Holdings, Inc. |
461,600 |
13,709,871 |
Keio
Corp. |
233,300 |
8,179,625 |
Keisei
Electric Railway Co. Ltd. |
329,200 |
8,737,660 |
Kintetsu
Group Holdings Co. Ltd. (a) |
364,500 |
12,318,244 |
Kyushu
Railway Co. |
300,600 |
6,286,660 |
Nagoya
Railroad Co. Ltd. |
375,900 |
5,758,423 |
Odakyu
Electric Railway Co. Ltd. (a) |
669,100 |
7,954,227 |
Seibu
Holdings, Inc. |
519,300 |
4,648,374 |
Tobu
Railway Co. Ltd. |
400,800 |
9,271,502 |
Tokyu
Corp. |
1,194,300 |
13,770,888 |
West
Japan Railway Co. |
466,200 |
18,483,230 |
|
|
193,180,797 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
113
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Semiconductors
& Semiconductor Equipment — 2.8% | ||
Advantest
Corp. |
362,400 |
19,077,314 |
Disco
Corp. |
56,700 |
13,561,544 |
Lasertec
Corp. |
147,800 |
20,767,516 |
Renesas
Electronics Corp. * |
2,687,400 |
22,482,123 |
Rohm
Co. Ltd. |
167,200 |
11,748,244 |
SUMCO
Corp. |
669,300 |
8,483,263 |
Tokyo
Electron Ltd. |
300,500 |
79,060,534 |
|
|
175,180,538 |
Software
— 0.3% | ||
Oracle
Corp. |
63,800 |
3,398,724 |
Trend
Micro, Inc. |
269,400 |
13,584,100 |
|
|
16,982,824 |
Specialty
Retail — 1.5% | ||
ABC-Mart,
Inc. |
60,100 |
2,678,818 |
Fast
Retailing Co. Ltd. |
119,900 |
66,801,231 |
Hikari
Tsushin, Inc. |
39,100 |
4,723,064 |
Nitori
Holdings Co. Ltd. |
166,100 |
15,051,497 |
USS
Co. Ltd. |
412,200 |
6,219,579 |
|
|
95,474,189 |
Technology
Hardware, Storage & Peripherals — 1.7% | ||
Brother
Industries Ltd. |
501,400 |
8,541,809 |
Canon,
Inc. |
1,988,600 |
42,153,322 |
FUJIFILM
Holdings Corp. |
767,000 |
35,090,168 |
Ricoh
Co. Ltd. |
1,218,100 |
8,925,984 |
Seiko
Epson Corp. |
610,900 |
8,293,680 |
|
|
103,004,963 |
Textiles,
Apparel & Luxury Goods — 0.1% | ||
Asics
Corp. |
363,000 |
5,562,518 |
Tobacco
— 0.6% | ||
Japan
Tobacco, Inc. |
2,102,300 |
35,208,136 |
Trading
Companies & Distributors — 4.9% | ||
ITOCHU
Corp. |
2,817,300 |
72,811,861 |
Marubeni
Corp. |
3,282,800 |
28,737,363 |
Mitsubishi
Corp. |
2,839,600 |
76,921,595 |
Mitsui
& Co. Ltd. |
3,138,900 |
69,461,309 |
MonotaRO
Co. Ltd. (a) |
469,300 |
7,123,910 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Trading
Companies & Distributors — continued | ||
Sojitz
Corp. |
396,800 |
5,849,614 |
Sumitomo
Corp. |
2,391,700 |
30,407,518 |
Toyota
Tsusho Corp. |
453,300 |
15,215,418 |
|
|
306,528,588 |
Transportation
Infrastructure — 0.1% | ||
Japan
Airport Terminal Co. Ltd. * |
177,800 |
7,610,006 |
Wireless
Telecommunication Services — 3.8% | ||
KDDI
Corp. |
2,994,600 |
88,511,311 |
SoftBank
Corp. |
5,306,700 |
52,347,350 |
SoftBank
Group Corp. |
2,271,900 |
97,524,083 |
|
|
238,382,744 |
Total
Common Stocks
(Cost
$7,775,017,695) |
|
6,138,585,841 |
Short-Term
Investments — 0.3% | ||
Investment
of Cash Collateral from Securities Loaned — 0.3% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (b)
(c) |
10,118,832 |
10,118,832 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (b)
(c) |
9,777,050 |
9,777,050 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$19,895,882) |
|
19,895,882 |
Total
Investments — 99.2%
(Cost
$7,794,913,577) |
|
6,158,481,723 |
Other
Assets Less Liabilities — 0.8% |
|
52,755,840 |
NET
ASSETS — 100.0% |
|
6,211,237,563 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$18,722,079. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
114
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
TOPIX
Index |
576 |
12/08/2022 |
JPY |
74,684,959 |
2,052,806 |
Abbreviations |
|
JPY |
Japanese
Yen |
TOPIX |
Tokyo
Stock Price Index |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
115
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.2% | ||
Aerospace
& Defense — 1.7% | ||
Boeing
Co. (The) * |
20,780 |
2,961,358 |
General
Dynamics Corp. |
8,384 |
2,094,323 |
HEICO
Corp. |
1,481 |
240,870 |
HEICO
Corp., Class A |
2,579 |
328,307 |
Howmet
Aerospace, Inc. |
13,761 |
489,204 |
Huntington
Ingalls Industries, Inc. |
1,487 |
382,263 |
L3Harris
Technologies, Inc. |
7,118 |
1,754,373 |
Lockheed
Martin Corp. |
8,794 |
4,279,864 |
Northrop
Grumman Corp. |
5,426 |
2,978,928 |
Raytheon
Technologies Corp. |
54,993 |
5,214,436 |
Textron,
Inc. |
7,869 |
538,554 |
TransDigm
Group, Inc. |
1,913 |
1,101,429 |
|
|
22,363,909 |
Air
Freight & Logistics — 0.6% | ||
CH
Robinson Worldwide, Inc. |
4,600 |
449,512 |
Expeditors
International of Washington, Inc. |
6,107 |
597,570 |
FedEx
Corp. |
8,900 |
1,426,492 |
United
Parcel Service, Inc., Class B |
27,262 |
4,573,746 |
|
|
7,047,320 |
Airlines
— 0.2% | ||
Delta
Air Lines, Inc. * |
23,890 |
810,588 |
Southwest
Airlines Co. * |
22,103 |
803,444 |
United
Airlines Holdings, Inc. * |
12,170 |
524,283 |
|
|
2,138,315 |
Auto
Components — 0.1% | ||
Aptiv
plc * |
10,081 |
918,077 |
BorgWarner,
Inc. |
8,824 |
331,165 |
Lear
Corp. |
2,212 |
306,826 |
|
|
1,556,068 |
Automobiles
— 2.2% | ||
Ford
Motor Co. |
147,135 |
1,967,195 |
General
Motors Co. |
54,329 |
2,132,413 |
Lucid
Group, Inc. *
(a) |
21,804 |
311,579 |
Rivian
Automotive, Inc., Class A *
(a) |
20,299 |
709,856 |
Tesla,
Inc. * |
99,234 |
22,579,705 |
|
|
27,700,748 |
Banks
— 3.7% | ||
Bank
of America Corp. |
260,438 |
9,386,186 |
Citigroup,
Inc. |
72,148 |
3,308,707 |
Citizens
Financial Group, Inc. |
18,460 |
755,014 |
Comerica,
Inc. |
4,867 |
343,123 |
East
West Bancorp, Inc. |
5,242 |
375,170 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— continued | ||
Fifth
Third Bancorp |
25,550 |
911,879 |
First
Republic Bank |
6,793 |
815,839 |
Huntington
Bancshares, Inc. |
53,727 |
815,576 |
JPMorgan
Chase & Co. (b) |
109,253 |
13,752,768 |
KeyCorp |
34,733 |
620,679 |
M&T
Bank Corp. |
6,549 |
1,102,655 |
PNC
Financial Services Group, Inc. (The) |
15,264 |
2,470,173 |
Regions
Financial Corp. |
34,821 |
764,321 |
Signature
Bank |
2,334 |
370,009 |
SVB
Financial Group * |
2,202 |
508,574 |
Truist
Financial Corp. |
49,406 |
2,212,895 |
US
Bancorp |
50,373 |
2,138,334 |
Wells
Fargo & Co. |
141,306 |
6,498,663 |
Zions
Bancorp NA |
5,599 |
290,812 |
|
|
47,441,377 |
Beverages
— 1.8% | ||
Brown-Forman
Corp., Class A |
2,090 |
143,729 |
Brown-Forman
Corp., Class B |
6,797 |
462,196 |
Coca-Cola
Co. (The) |
144,998 |
8,678,130 |
Constellation
Brands, Inc., Class A |
5,932 |
1,465,679 |
Keurig
Dr Pepper, Inc. |
31,652 |
1,229,364 |
Molson
Coors Beverage Co., Class B |
7,010 |
353,514 |
Monster
Beverage Corp. * |
14,331 |
1,343,101 |
PepsiCo,
Inc. |
51,422 |
9,337,207 |
|
|
23,012,920 |
Biotechnology
— 2.5% | ||
AbbVie,
Inc. |
65,869 |
9,643,222 |
Alnylam
Pharmaceuticals, Inc. * |
4,467 |
925,830 |
Amgen,
Inc. |
19,924 |
5,386,453 |
Biogen,
Inc. * |
5,415 |
1,534,828 |
BioMarin
Pharmaceutical, Inc. * |
6,916 |
599,133 |
Exact
Sciences Corp. * |
6,595 |
229,374 |
Gilead
Sciences, Inc. |
46,696 |
3,663,768 |
Horizon
Therapeutics plc * |
8,574 |
534,332 |
Incyte
Corp. * |
6,886 |
511,905 |
Moderna,
Inc. * |
12,532 |
1,883,936 |
Neurocrine
Biosciences, Inc. * |
3,572 |
411,209 |
Regeneron
Pharmaceuticals, Inc. * |
3,997 |
2,992,754 |
Seagen,
Inc. * |
5,090 |
647,244 |
Vertex
Pharmaceuticals, Inc. * |
9,555 |
2,981,160 |
|
|
31,945,148 |
Building
Products — 0.4% | ||
Allegion
plc |
3,275 |
343,122 |
116
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Building
Products — continued | ||
Carrier
Global Corp. |
31,347 |
1,246,357 |
Fortune
Brands Home & Security, Inc. |
4,815 |
290,441 |
Johnson
Controls International plc |
25,668 |
1,484,637 |
Lennox
International, Inc. |
1,194 |
278,882 |
Masco
Corp. |
8,406 |
388,946 |
Owens
Corning |
3,592 |
307,511 |
Trane
Technologies plc |
8,620 |
1,376,010 |
|
|
5,715,906 |
Capital
Markets — 3.2% | ||
Ameriprise
Financial, Inc. |
4,031 |
1,246,063 |
Bank
of New York Mellon Corp. (The) |
27,383 |
1,153,098 |
BlackRock,
Inc. |
5,609 |
3,622,909 |
Blackstone,
Inc. |
26,139 |
2,382,309 |
Carlyle
Group, Inc. (The) |
8,078 |
228,446 |
Charles
Schwab Corp. (The) |
56,896 |
4,532,904 |
CME
Group, Inc. |
13,379 |
2,318,581 |
Coinbase
Global, Inc., Class A * |
5,865 |
388,556 |
FactSet
Research Systems, Inc. |
1,419 |
603,770 |
Franklin
Resources, Inc. |
10,589 |
248,312 |
Goldman
Sachs Group, Inc. (The) |
12,729 |
4,385,268 |
Intercontinental
Exchange, Inc. |
20,790 |
1,986,900 |
Invesco
Ltd. |
16,945 |
259,597 |
Jefferies
Financial Group, Inc. |
6,933 |
238,565 |
KKR
& Co., Inc. |
21,453 |
1,043,259 |
MarketAxess
Holdings, Inc. |
1,408 |
343,608 |
Moody's
Corp. |
5,880 |
1,557,436 |
Morgan
Stanley |
49,900 |
4,100,283 |
MSCI,
Inc. |
2,995 |
1,404,236 |
Nasdaq,
Inc. |
12,618 |
785,344 |
Northern
Trust Corp. |
7,761 |
654,640 |
Raymond
James Financial, Inc. |
7,246 |
856,043 |
S&P
Global, Inc. |
12,679 |
4,073,129 |
SEI
Investments Co. |
3,824 |
207,643 |
State
Street Corp. |
13,689 |
1,012,986 |
T.
Rowe Price Group, Inc. |
8,412 |
893,018 |
|
|
40,526,903 |
Chemicals
— 1.7% | ||
Air
Products and Chemicals, Inc. |
8,250 |
2,065,800 |
Albemarle
Corp. |
4,367 |
1,222,192 |
Celanese
Corp. |
3,711 |
356,701 |
CF
Industries Holdings, Inc. |
7,418 |
788,237 |
Corteva,
Inc. |
26,778 |
1,749,674 |
Dow,
Inc. |
26,763 |
1,250,903 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chemicals
— continued | ||
DuPont
de Nemours, Inc. |
18,669 |
1,067,867 |
Eastman
Chemical Co. |
4,563 |
350,484 |
Ecolab,
Inc. |
9,234 |
1,450,384 |
FMC
Corp. |
4,699 |
558,711 |
International
Flavors & Fragrances, Inc. |
9,503 |
927,588 |
Linde
plc (United Kingdom) |
18,553 |
5,516,735 |
LyondellBasell
Industries NV, Class A |
9,486 |
725,205 |
Mosaic
Co. (The) |
12,864 |
691,440 |
PPG
Industries, Inc. |
8,760 |
1,000,217 |
Sherwin-Williams
Co. (The) |
8,790 |
1,978,014 |
Westlake
Corp. |
1,273 |
123,035
|
|
|
21,823,187 |
Commercial
Services & Supplies — 0.5% | ||
Cintas
Corp. |
3,212 |
1,373,290 |
Copart,
Inc. * |
7,978 |
917,629 |
Republic
Services, Inc. |
7,656 |
1,015,339 |
Rollins,
Inc. |
8,610 |
362,309 |
Waste
Management, Inc. |
14,010 |
2,218,764 |
|
|
5,887,331 |
Communications
Equipment — 0.8% | ||
Arista
Networks, Inc. * |
9,183 |
1,109,858 |
Cisco
Systems, Inc. |
154,261 |
7,008,077 |
F5,
Inc. * |
2,218 |
316,974 |
Juniper
Networks, Inc. |
12,028 |
368,057 |
Motorola
Solutions, Inc. |
6,220 |
1,553,196 |
|
|
10,356,162 |
Construction
& Engineering — 0.1% | ||
Quanta
Services, Inc. |
5,315 |
754,943 |
Construction
Materials — 0.1% | ||
Martin
Marietta Materials, Inc. |
2,315 |
777,794 |
Vulcan
Materials Co. |
4,938 |
808,350 |
|
|
1,586,144 |
Consumer
Finance — 0.5% | ||
Ally
Financial, Inc. |
11,487 |
316,582 |
American
Express Co. |
22,353 |
3,318,303 |
Capital
One Financial Corp. |
14,303 |
1,516,404 |
Discover
Financial Services |
10,186 |
1,064,029 |
Synchrony
Financial |
17,954 |
638,444 |
|
|
6,853,762 |
Containers
& Packaging — 0.3% | ||
Amcor
plc |
55,980 |
648,248 |
Avery
Dennison Corp. |
3,021 |
512,211 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
117
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Containers
& Packaging — continued | ||
Ball
Corp. |
11,714 |
578,554 |
Crown
Holdings, Inc. |
4,506 |
309,067 |
International
Paper Co. |
13,496 |
453,601 |
Packaging
Corp. of America |
3,478 |
418,090 |
Sealed
Air Corp. |
5,419 |
258,053 |
Westrock
Co. |
9,481 |
322,923
|
|
|
3,500,747 |
Distributors
— 0.1% | ||
Genuine
Parts Co. |
5,260 |
935,544 |
LKQ
Corp. |
9,700 |
539,708 |
Pool
Corp. |
1,475 |
448,739
|
|
|
1,923,991 |
Diversified
Financial Services — 1.7% | ||
Apollo
Global Management, Inc. |
16,168 |
895,061 |
Berkshire
Hathaway, Inc., Class B * |
67,245 |
19,843,327 |
Equitable
Holdings, Inc. |
13,004 |
398,182 |
Voya
Financial, Inc. |
3,650 |
249,514 |
|
|
21,386,084 |
Diversified
Telecommunication Services — 0.9% | ||
AT&T,
Inc. |
265,460 |
4,839,336 |
Lumen
Technologies, Inc. |
35,473 |
261,081 |
Verizon
Communications, Inc. |
156,451 |
5,846,574 |
|
|
10,946,991 |
Electric
Utilities — 1.8% | ||
Alliant
Energy Corp. |
9,337 |
487,111 |
American
Electric Power Co., Inc. |
19,138 |
1,682,613 |
Avangrid,
Inc. |
2,591 |
105,402 |
Constellation
Energy Corp. |
12,174 |
1,150,930 |
Duke
Energy Corp. |
28,686 |
2,672,962 |
Edison
International |
14,221 |
853,829 |
Entergy
Corp. |
7,590 |
813,193 |
Evergy,
Inc. |
8,544 |
522,295 |
Eversource
Energy |
12,904 |
984,317 |
Exelon
Corp. |
36,936 |
1,425,360 |
FirstEnergy
Corp. |
20,224 |
762,647 |
NextEra
Energy, Inc. |
73,198 |
5,672,845 |
NRG
Energy, Inc. |
8,766 |
389,210 |
PG&E
Corp. * |
59,979 |
895,486 |
Pinnacle
West Capital Corp. |
4,199 |
282,215 |
PPL
Corp. |
27,411 |
726,117 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
Southern
Co. (The) |
39,612 |
2,593,794 |
Xcel
Energy, Inc. |
20,367 |
1,326,095 |
|
|
23,346,421 |
Electrical
Equipment — 0.6% | ||
AMETEK,
Inc. |
8,546 |
1,108,075 |
Eaton
Corp. plc |
14,829 |
2,225,388 |
Emerson
Electric Co. |
22,032 |
1,907,971 |
Generac
Holdings, Inc. * |
2,365 |
274,127 |
Hubbell,
Inc. |
1,988 |
472,110 |
Plug
Power, Inc. *
(a) |
19,410 |
310,172 |
Rockwell
Automation, Inc. |
4,309 |
1,100,088 |
Sensata
Technologies Holding plc |
5,792 |
232,896 |
|
|
7,630,827 |
Electronic
Equipment, Instruments & Components — 0.7% | ||
Amphenol
Corp., Class A |
22,154 |
1,679,938 |
CDW
Corp. |
5,047 |
872,172 |
Cognex
Corp. |
6,441 |
297,767 |
Corning,
Inc. |
28,342 |
911,762 |
Flex
Ltd. * |
16,986 |
332,586 |
Keysight
Technologies, Inc. * |
6,698 |
1,166,457 |
TE
Connectivity Ltd. (Switzerland) |
11,905 |
1,455,148 |
Teledyne
Technologies, Inc. * |
1,753 |
697,659 |
Trimble,
Inc. * |
9,224 |
554,916 |
Zebra
Technologies Corp., Class A * |
1,923 |
544,632 |
|
|
8,513,037 |
Energy
Equipment & Services — 0.4% | ||
Baker
Hughes Co. |
37,680 |
1,042,229 |
Halliburton
Co. |
33,792 |
1,230,705 |
Schlumberger
NV |
52,686 |
2,741,252 |
|
|
5,014,186 |
Entertainment
— 1.4% | ||
Activision
Blizzard, Inc. |
26,519 |
1,930,583 |
AMC
Entertainment Holdings, Inc., Class A *
(a) |
19,245 |
128,172 |
Electronic
Arts, Inc. |
9,848 |
1,240,454 |
Live
Nation Entertainment, Inc. * |
5,282 |
420,500 |
Netflix,
Inc. * |
16,566 |
4,835,284 |
Playtika
Holding Corp. * |
3,831 |
36,203 |
Roku,
Inc. * |
4,492 |
249,486 |
Take-Two
Interactive Software, Inc. * |
5,841 |
692,042 |
118
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Entertainment
— continued | ||
Walt
Disney Co. (The) * |
67,897 |
7,233,746 |
Warner
Bros Discovery, Inc. * |
82,308 |
1,070,004 |
|
|
17,836,474 |
Equity
Real Estate Investment Trusts (REITs) — 2.6% | ||
Alexandria
Real Estate Equities, Inc. |
5,531 |
803,654 |
American
Tower Corp. |
17,341 |
3,592,882 |
AvalonBay
Communities, Inc. |
5,205 |
911,500 |
Boston
Properties, Inc. |
5,301 |
385,383 |
Camden
Property Trust |
3,975 |
459,311 |
Crown
Castle, Inc. |
16,137 |
2,150,417 |
Digital
Realty Trust, Inc. |
10,704 |
1,073,076 |
Equinix,
Inc. |
3,387 |
1,918,532 |
Equity
LifeStyle Properties, Inc. |
6,524 |
417,275 |
Equity
Residential |
12,603 |
794,241 |
Essex
Property Trust, Inc. |
2,438 |
541,821 |
Extra
Space Storage, Inc. |
5,001 |
887,377 |
Federal
Realty Investment Trust |
2,702 |
267,444 |
Healthpeak
Properties, Inc. |
20,112 |
477,258 |
Host
Hotels & Resorts, Inc. |
26,622 |
502,623 |
Invitation
Homes, Inc. |
21,610 |
684,821 |
Iron
Mountain, Inc. |
10,817 |
541,607 |
Kimco
Realty Corp. |
23,052 |
492,852 |
Mid-America
Apartment Communities, Inc. |
4,309 |
678,452 |
Prologis,
Inc. |
34,393 |
3,809,025 |
Public
Storage |
5,886 |
1,823,188 |
Realty
Income Corp. |
22,993 |
1,431,774 |
Regency
Centers Corp. |
5,749 |
347,872 |
SBA
Communications Corp. |
4,021 |
1,085,268 |
Simon
Property Group, Inc. |
12,191 |
1,328,575 |
Sun
Communities, Inc. |
4,581 |
617,748 |
UDR,
Inc. |
11,381 |
452,509 |
Ventas,
Inc. |
14,878 |
582,176 |
VICI
Properties, Inc. |
35,865 |
1,148,397 |
Vornado
Realty Trust |
5,993 |
141,375 |
Welltower,
Inc. |
17,265 |
1,053,856 |
Weyerhaeuser
Co. |
27,581 |
853,080 |
WP
Carey, Inc. |
7,732 |
589,952 |
|
|
32,845,321 |
Food
& Staples Retailing — 1.5% | ||
Albertsons
Cos., Inc., Class A |
5,940 |
121,829 |
Costco
Wholesale Corp. |
16,506 |
8,277,759 |
Kroger
Co. (The) |
24,260 |
1,147,255 |
Sysco
Corp. |
18,992 |
1,643,948 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Food
& Staples Retailing — continued | ||
Walgreens
Boots Alliance, Inc. |
26,734 |
975,791 |
Walmart,
Inc. |
53,093 |
7,556,727 |
|
|
19,723,309 |
Food
Products — 1.2% | ||
Archer-Daniels-Midland
Co. |
20,890 |
2,025,912 |
Bunge
Ltd. |
5,648 |
557,458 |
Campbell
Soup Co. |
7,492 |
396,402 |
Conagra
Brands, Inc. |
17,896 |
656,783 |
General
Mills, Inc. |
22,184 |
1,809,771 |
Hershey
Co. (The) |
5,475 |
1,307,266 |
Hormel
Foods Corp. |
10,773 |
500,406 |
J
M Smucker Co. (The) |
3,976 |
599,024 |
Kellogg
Co. |
9,508 |
730,405 |
Kraft
Heinz Co. (The) |
29,684 |
1,141,943 |
Lamb
Weston Holdings, Inc. |
5,370 |
463,001 |
McCormick
& Co., Inc. (Non-Voting) |
9,321 |
733,003 |
Mondelez
International, Inc., Class A |
51,066 |
3,139,538 |
Tyson
Foods, Inc., Class A |
10,780 |
736,813 |
|
|
14,797,725 |
Gas
Utilities — 0.1% | ||
Atmos
Energy Corp. |
5,207 |
554,806 |
UGI
Corp. |
7,795 |
275,397 |
|
|
830,203 |
Health
Care Equipment & Supplies — 2.6% | ||
Abbott
Laboratories |
65,232 |
6,454,054 |
ABIOMED,
Inc. * |
1,705 |
429,796 |
Align
Technology, Inc. * |
2,696 |
523,833 |
Baxter
International, Inc. |
18,762 |
1,019,715 |
Becton
Dickinson and Co. |
10,628 |
2,507,889 |
Boston
Scientific Corp. * |
53,335 |
2,299,272 |
Cooper
Cos., Inc. (The) |
1,838 |
502,491 |
DENTSPLY
SIRONA, Inc. |
8,032 |
247,546 |
Dexcom,
Inc. * |
14,632 |
1,767,253 |
Edwards
Lifesciences Corp. * |
23,102 |
1,673,278 |
Hologic,
Inc. * |
9,293 |
630,065 |
IDEXX
Laboratories, Inc. * |
3,090 |
1,111,411 |
Insulet
Corp. * |
2,585 |
669,024 |
Intuitive
Surgical, Inc. * |
13,300 |
3,278,051 |
Medtronic
plc |
49,485 |
4,322,020 |
Novocure
Ltd. * |
3,352 |
236,852 |
ResMed,
Inc. |
5,460 |
1,221,347 |
STERIS
plc |
3,722 |
642,343 |
Stryker
Corp. |
12,541 |
2,874,899 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
119
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Equipment & Supplies — continued | ||
Teleflex,
Inc. |
1,754 |
376,338 |
Zimmer
Biomet Holdings, Inc. |
7,810 |
885,264
|
|
|
33,672,741 |
Health
Care Providers & Services — 3.6% | ||
agilon
health, Inc. * |
7,349 |
145,878 |
AmerisourceBergen
Corp. |
5,798 |
911,562 |
Cardinal
Health, Inc. |
10,161 |
771,220 |
Centene
Corp. * |
21,297 |
1,813,014 |
Cigna
Corp. |
11,370 |
3,673,192 |
CVS
Health Corp. |
48,911 |
4,631,872 |
DaVita,
Inc. * |
2,085 |
152,226 |
Elevance
Health, Inc. |
8,933 |
4,884,296 |
HCA
Healthcare, Inc. |
8,025 |
1,745,197 |
Henry
Schein, Inc. * |
5,077 |
347,571 |
Humana,
Inc. |
4,720 |
2,634,138 |
Laboratory
Corp. of America Holdings |
3,364 |
746,337 |
McKesson
Corp. |
5,370 |
2,090,917 |
Molina
Healthcare, Inc. * |
2,168 |
778,008 |
Quest
Diagnostics, Inc. |
4,349 |
624,734 |
UnitedHealth
Group, Inc. |
34,855 |
19,349,753 |
Universal
Health Services, Inc., Class B |
2,458 |
284,808 |
|
|
45,584,723 |
Health
Care Technology — 0.1% | ||
Veeva
Systems, Inc., Class A * |
5,214 |
875,639 |
Hotels,
Restaurants & Leisure — 2.0% | ||
Airbnb,
Inc., Class A * |
14,859 |
1,588,576 |
Aramark |
9,598 |
350,327 |
Booking
Holdings, Inc. * |
1,479 |
2,764,961 |
Caesars
Entertainment, Inc. * |
7,996 |
349,665 |
Carnival
Corp. *
(a) |
36,775 |
333,181 |
Chipotle
Mexican Grill, Inc. * |
1,040 |
1,558,263 |
Darden
Restaurants, Inc. |
4,555 |
652,003 |
Domino's
Pizza, Inc. |
1,347 |
447,527 |
Expedia
Group, Inc. * |
5,653 |
528,386 |
Hilton
Worldwide Holdings, Inc. |
10,225 |
1,383,033 |
Las
Vegas Sands Corp. * |
12,234 |
465,014 |
Marriott
International, Inc., Class A |
10,279 |
1,645,771 |
McDonald's
Corp. |
27,395 |
7,469,521 |
MGM
Resorts International |
12,154 |
432,318 |
Royal
Caribbean Cruises Ltd. *
(a) |
8,166 |
435,901 |
Starbucks
Corp. |
42,741 |
3,700,943 |
Vail
Resorts, Inc. |
1,497 |
328,038 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hotels,
Restaurants & Leisure — continued | ||
Wynn
Resorts Ltd. * |
3,842 |
245,504 |
Yum!
Brands, Inc. |
10,606 |
1,254,159 |
|
|
25,933,091 |
Household
Durables — 0.3% | ||
DR
Horton, Inc. |
11,780 |
905,647 |
Garmin
Ltd. |
5,758 |
506,934 |
Lennar
Corp., Class A |
9,504 |
766,973 |
Lennar
Corp., Class B |
529 |
34,501 |
Mohawk
Industries, Inc. * |
1,955 |
185,236 |
Newell
Brands, Inc. |
14,019 |
193,602 |
NVR,
Inc. * |
106 |
449,202 |
PulteGroup,
Inc. |
8,612 |
344,394 |
Whirlpool
Corp. |
2,016 |
278,692 |
|
|
3,665,181 |
Household
Products — 1.3% | ||
Church
& Dwight Co., Inc. |
9,061 |
671,692 |
Clorox
Co. (The) |
4,575 |
668,133 |
Colgate-Palmolive
Co. |
31,062 |
2,293,618 |
Kimberly-Clark
Corp. |
12,573 |
1,564,836 |
Procter
& Gamble Co. (The) |
89,023 |
11,988,727 |
|
|
17,187,006 |
Independent
Power and Renewable Electricity Producers — 0.1% | ||
AES
Corp. (The) |
24,894 |
651,227 |
Vistra
Corp. |
14,591 |
335,155 |
|
|
986,382 |
Industrial
Conglomerates — 0.9% | ||
3M
Co. |
20,623 |
2,594,167 |
General
Electric Co. |
40,851 |
3,178,616 |
Honeywell
International, Inc. |
25,092 |
5,119,270 |
|
|
10,892,053 |
Insurance
— 2.4% | ||
Aflac,
Inc. |
21,417 |
1,394,461 |
Allstate
Corp. (The) |
10,059 |
1,269,949 |
American
Financial Group, Inc. |
2,600 |
377,286 |
American
International Group, Inc. |
28,329 |
1,614,753 |
Aon
plc, Class A |
7,848 |
2,209,134 |
Arch
Capital Group Ltd. * |
13,741 |
790,107 |
Arthur
J Gallagher & Co. |
7,828 |
1,464,462 |
Brown
& Brown, Inc. |
8,741 |
513,883 |
Chubb
Ltd. |
15,551 |
3,341,754 |
Cincinnati
Financial Corp. |
5,928 |
612,481 |
Everest
Re Group Ltd. |
1,468 |
473,665 |
120
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Insurance
— continued | ||
Fidelity
National Financial, Inc. |
10,295 |
405,417 |
Globe
Life, Inc. |
3,371 |
389,418 |
Hartford
Financial Services Group, Inc. (The) |
12,046 |
872,251 |
Lincoln
National Corp. |
5,780 |
311,369 |
Loews
Corp. |
7,443 |
424,400 |
Markel
Corp. * |
494 |
595,813 |
Marsh
& McLennan Cos., Inc. |
18,576 |
2,999,838 |
MetLife,
Inc. |
24,965 |
1,827,688 |
Principal
Financial Group, Inc. |
8,622 |
759,857 |
Progressive
Corp. (The) |
21,784 |
2,797,066 |
Prudential
Financial, Inc. |
13,868 |
1,458,775 |
Reinsurance
Group of America, Inc. |
2,502 |
368,219 |
Travelers
Cos., Inc. (The) |
8,840 |
1,630,626 |
Willis
Towers Watson plc |
4,093 |
893,134 |
WR
Berkley Corp. |
7,618 |
566,627 |
|
|
30,362,433 |
Interactive
Media & Services — 3.9% | ||
Alphabet,
Inc., Class A * |
223,374 |
21,111,077 |
Alphabet,
Inc., Class C * |
199,754 |
18,908,714 |
IAC,
Inc. * |
2,922 |
142,243 |
Match
Group, Inc. * |
10,552 |
455,846 |
Meta
Platforms, Inc., Class A * |
84,967 |
7,915,526 |
Pinterest,
Inc., Class A * |
21,714 |
534,164 |
Snap,
Inc., Class A * |
38,435 |
380,891 |
ZoomInfo
Technologies, Inc., Class A * |
10,060 |
447,972 |
|
|
49,896,433 |
Internet
& Direct Marketing Retail — 2.9% | ||
Amazon.com,
Inc. * |
330,180 |
33,823,639 |
DoorDash,
Inc., Class A * |
9,722 |
423,199 |
eBay,
Inc. |
20,477 |
815,804 |
Etsy,
Inc. * |
4,722 |
443,443 |
MercadoLibre,
Inc. (Brazil) * |
1,734 |
1,563,409 |
|
|
37,069,494 |
IT
Services — 4.7% | ||
Accenture
plc, Class A |
23,564 |
6,689,820 |
Akamai
Technologies, Inc. * |
5,919 |
522,825 |
Automatic
Data Processing, Inc. |
15,478 |
3,741,033 |
Block,
Inc., Class A * |
19,738 |
1,185,662 |
Broadridge
Financial Solutions, Inc. |
4,371 |
655,912 |
Cloudflare,
Inc., Class A * |
10,553 |
594,345 |
Cognizant
Technology Solutions Corp., Class A |
19,278 |
1,200,056 |
DXC
Technology Co. * |
8,556 |
245,985 |
EPAM
Systems, Inc. * |
2,143 |
750,050 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
IT
Services — continued | ||
Fidelity
National Information Services, Inc. |
22,665 |
1,880,968 |
Fiserv,
Inc. * |
23,834 |
2,448,705 |
FleetCor
Technologies, Inc. * |
2,806 |
522,253 |
Gartner,
Inc. * |
2,946 |
889,456 |
Global
Payments, Inc. |
10,324 |
1,179,620 |
GoDaddy,
Inc., Class A * |
5,830 |
468,732 |
International
Business Machines Corp. |
33,635 |
4,651,384 |
Jack
Henry & Associates, Inc. |
2,704 |
538,258 |
Mastercard,
Inc., Class A |
31,775 |
10,427,920 |
MongoDB,
Inc. * |
2,540 |
464,896 |
Okta,
Inc. * |
5,611 |
314,889 |
Paychex,
Inc. |
11,921 |
1,410,374 |
PayPal
Holdings, Inc. * |
43,081 |
3,600,710 |
Snowflake,
Inc., Class A * |
10,556 |
1,692,127 |
SS&C
Technologies Holdings, Inc. |
8,253 |
424,369 |
Twilio,
Inc., Class A * |
6,441 |
479,017 |
VeriSign,
Inc. * |
3,465 |
694,594 |
Visa,
Inc., Class A |
60,896 |
12,615,215 |
|
|
60,289,175 |
Leisure
Products — 0.0% ^ | ||
Hasbro,
Inc. |
4,832 |
315,288 |
Life
Sciences Tools & Services — 1.8% | ||
Agilent
Technologies, Inc. |
11,121 |
1,538,590 |
Avantor,
Inc. * |
25,104 |
506,348 |
Bio-Rad
Laboratories, Inc., Class A * |
794 |
279,258 |
Bio-Techne
Corp. |
1,462 |
433,132 |
Charles
River Laboratories International, Inc. * |
1,891 |
401,365 |
Danaher
Corp. |
24,382 |
6,136,218 |
Illumina,
Inc. * |
5,855 |
1,339,741 |
IQVIA
Holdings, Inc. * |
6,951 |
1,457,416 |
Mettler-Toledo
International, Inc. * |
831 |
1,051,157 |
PerkinElmer,
Inc. |
4,709 |
629,028 |
Thermo
Fisher Scientific, Inc. |
14,605 |
7,506,532 |
Waters
Corp. * |
2,229 |
666,850 |
West
Pharmaceutical Services, Inc. |
2,745 |
631,624 |
|
|
22,577,259 |
Machinery
— 1.6% | ||
Caterpillar,
Inc. |
19,654 |
4,254,305 |
Cummins,
Inc. |
5,245 |
1,282,455 |
Deere
& Co. |
10,357 |
4,099,508 |
Dover
Corp. |
5,333 |
696,970 |
Fortive
Corp. |
13,251 |
846,739 |
IDEX
Corp. |
2,822 |
627,359 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
121
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Machinery
— continued | ||
Illinois
Tool Works, Inc. |
10,482 |
2,238,221 |
Ingersoll
Rand, Inc. |
15,025 |
758,762 |
Otis
Worldwide Corp. |
15,640 |
1,104,810 |
PACCAR,
Inc. |
12,948 |
1,253,755 |
Parker-Hannifin
Corp. |
4,782 |
1,389,745 |
Pentair
plc |
6,137 |
263,584 |
Snap-on,
Inc. |
1,973 |
438,105 |
Stanley
Black & Decker, Inc. |
5,508 |
432,323 |
Westinghouse
Air Brake Technologies Corp. |
6,764 |
630,946 |
Xylem,
Inc. |
6,706 |
686,895
|
|
|
21,004,482 |
Media
— 0.8% | ||
Charter
Communications, Inc., Class A * |
4,123 |
1,515,697 |
Comcast
Corp., Class A |
164,064 |
5,207,391 |
DISH
Network Corp., Class A * |
9,340 |
139,259 |
Fox
Corp., Class A |
11,417 |
329,609 |
Fox
Corp., Class B |
5,236 |
142,419 |
Interpublic
Group of Cos., Inc. (The) |
14,579 |
434,308 |
Liberty
Broadband Corp., Class A * |
643 |
54,861 |
Liberty
Broadband Corp., Class C * |
4,601 |
388,463 |
Liberty
Media Corp.-Liberty SiriusXM, Class A * |
2,793 |
118,535 |
Liberty
Media Corp.-Liberty SiriusXM, Class C * |
5,692 |
240,146 |
News
Corp., Class A |
14,364 |
242,321 |
News
Corp., Class B |
4,447 |
76,177 |
Omnicom
Group, Inc. |
7,639 |
555,737 |
Paramount
Global, Class A |
336 |
7,083 |
Paramount
Global, Class B |
18,809 |
344,581 |
Sirius
XM Holdings, Inc. (a) |
26,115 |
157,735 |
Trade
Desk, Inc. (The), Class A * |
16,543 |
880,749 |
|
|
10,835,071 |
Metals
& Mining — 0.4% | ||
Freeport-McMoRan,
Inc. |
53,280 |
1,688,443 |
Newmont
Corp. |
29,558 |
1,250,895 |
Nucor
Corp. |
9,738 |
1,279,378 |
Southern
Copper Corp. (Peru) |
3,179 |
149,318 |
Steel
Dynamics, Inc. |
6,475 |
608,974 |
|
|
4,977,008 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.0% ^ | ||
Annaly
Capital Management, Inc. |
16,069 |
298,080 |
Multiline
Retail — 0.5% | ||
Dollar
General Corp. |
8,457 |
2,156,958 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Multiline
Retail — continued | ||
Dollar
Tree, Inc. * |
7,853 |
1,244,700 |
Target
Corp. |
17,276 |
2,837,583 |
|
|
6,239,241 |
Multi-Utilities
— 0.8% | ||
Ameren
Corp. |
9,621 |
784,304 |
CenterPoint
Energy, Inc. |
23,459 |
671,162 |
CMS
Energy Corp. |
10,800 |
616,140 |
Consolidated
Edison, Inc. |
13,212 |
1,162,128 |
Dominion
Energy, Inc. |
31,006 |
2,169,490 |
DTE
Energy Co. |
7,228 |
810,331 |
NiSource,
Inc. |
15,121 |
388,458 |
Public
Service Enterprise Group, Inc. |
18,570 |
1,041,220 |
Sempra
Energy |
11,714 |
1,768,111 |
WEC
Energy Group, Inc. |
11,753 |
1,073,401 |
|
|
10,484,745 |
Oil,
Gas & Consumable Fuels — 4.8% | ||
Cheniere
Energy, Inc. |
9,297 |
1,640,084 |
Chevron
Corp. |
67,080 |
12,134,772 |
ConocoPhillips |
47,429 |
5,980,323 |
Continental
Resources, Inc. |
2,014 |
148,976 |
Coterra
Energy, Inc. |
29,624 |
922,195 |
Devon
Energy Corp. |
24,386 |
1,886,257 |
Diamondback
Energy, Inc. |
6,622 |
1,040,382 |
EOG
Resources, Inc. |
21,823 |
2,979,276 |
Exxon
Mobil Corp. |
155,263 |
17,204,693 |
Hess
Corp. |
10,375 |
1,463,705 |
Kinder
Morgan, Inc. |
73,869 |
1,338,506 |
Marathon
Oil Corp. |
25,254 |
768,984 |
Marathon
Petroleum Corp. |
18,562 |
2,109,014 |
Occidental
Petroleum Corp. |
27,749 |
2,014,577 |
ONEOK,
Inc. |
16,641 |
987,144 |
Phillips
66 |
17,929 |
1,869,815 |
Pioneer
Natural Resources Co. |
8,887 |
2,278,716 |
Targa
Resources Corp. |
8,442 |
577,180 |
Texas
Pacific Land Corp. |
241 |
555,233 |
Valero
Energy Corp. |
14,680 |
1,843,074 |
Williams
Cos., Inc. (The) |
45,385 |
1,485,451 |
|
|
61,228,357 |
Personal
Products — 0.1% | ||
Estee
Lauder Cos., Inc. (The), Class A |
8,623 |
1,728,825 |
Olaplex
Holdings, Inc. * |
3,128 |
13,763 |
|
|
1,742,588 |
122
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Pharmaceuticals
— 4.5% | ||
Bristol-Myers
Squibb Co. |
79,542 |
6,162,119 |
Catalent,
Inc. * |
6,672 |
438,550 |
Elanco
Animal Health, Inc. * |
16,599 |
218,941 |
Eli
Lilly & Co. |
29,385 |
10,640,015 |
Jazz
Pharmaceuticals plc * |
2,325 |
334,312 |
Johnson
& Johnson |
97,943 |
17,039,144 |
Merck
& Co., Inc. |
94,362 |
9,549,434 |
Pfizer,
Inc. |
209,077 |
9,732,534 |
Royalty
Pharma plc, Class A |
13,675 |
578,726 |
Viatris,
Inc. |
45,165 |
457,521 |
Zoetis,
Inc. |
17,429 |
2,627,945 |
|
|
57,779,241 |
Professional
Services — 0.4% | ||
Clarivate
plc * |
16,068 |
165,982 |
CoStar
Group, Inc. * |
14,748 |
1,219,955 |
Dun
& Bradstreet Holdings, Inc. |
8,082 |
103,854 |
Equifax,
Inc. |
4,549 |
771,237 |
Jacobs
Solutions, Inc. |
4,756 |
547,986 |
Leidos
Holdings, Inc. |
5,092 |
517,296 |
TransUnion |
7,158 |
424,255 |
Verisk
Analytics, Inc. |
5,850 |
1,069,556 |
|
|
4,820,121 |
Real
Estate Management & Development — 0.1% | ||
CBRE
Group, Inc., Class A * |
11,950 |
847,733 |
Zillow
Group, Inc., Class A * |
2,198 |
67,984 |
Zillow
Group, Inc., Class C * |
6,170 |
190,406 |
|
|
1,106,123 |
Road
& Rail — 1.0% | ||
CSX
Corp. |
79,776 |
2,318,291 |
JB
Hunt Transport Services, Inc. |
3,083 |
527,409 |
Lyft,
Inc., Class A * |
11,410 |
167,042 |
Norfolk
Southern Corp. |
8,756 |
1,996,981 |
Old
Dominion Freight Line, Inc. |
3,407 |
935,562 |
Uber
Technologies, Inc. * |
73,747 |
1,959,458 |
Union
Pacific Corp. |
23,258 |
4,585,082 |
|
|
12,489,825 |
Semiconductors
& Semiconductor Equipment — 4.6% | ||
Advanced
Micro Devices, Inc. * |
60,128 |
3,611,288 |
Analog
Devices, Inc. |
19,375 |
2,763,262 |
Applied
Materials, Inc. |
32,407 |
2,861,214 |
Broadcom,
Inc. |
15,047 |
7,073,896 |
Enphase
Energy, Inc. * |
5,054 |
1,551,578 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Semiconductors
& Semiconductor Equipment — continued | ||
Entegris,
Inc. |
5,547 |
440,099 |
Intel
Corp. |
152,974 |
4,349,051 |
KLA
Corp. |
5,273 |
1,668,641 |
Lam
Research Corp. |
5,107 |
2,067,211 |
Marvell
Technology, Inc. |
31,661 |
1,256,308 |
Microchip
Technology, Inc. |
20,584 |
1,270,856 |
Micron
Technology, Inc. |
41,105 |
2,223,780 |
Monolithic
Power Systems, Inc. |
1,642 |
557,377 |
NVIDIA
Corp. |
93,270 |
12,588,652 |
NXP
Semiconductors NV (China) |
9,794 |
1,430,708 |
ON
Semiconductor Corp. * |
16,144 |
991,726 |
Qorvo,
Inc. * |
3,832 |
329,859 |
QUALCOMM,
Inc. |
41,845 |
4,923,483 |
Skyworks
Solutions, Inc. |
5,970 |
513,480 |
SolarEdge
Technologies, Inc. * |
2,083 |
479,152 |
Teradyne,
Inc. |
5,844 |
475,409 |
Texas
Instruments, Inc. |
34,025 |
5,465,436 |
|
|
58,892,466 |
Software
— 8.6% | ||
Adobe,
Inc. * |
17,424 |
5,549,544 |
ANSYS,
Inc. * |
3,249 |
718,549 |
AppLovin
Corp., Class A * |
4,556 |
77,270 |
Autodesk,
Inc. * |
8,094 |
1,734,544 |
Bentley
Systems, Inc., Class B |
7,324 |
258,391 |
Bill.com
Holdings, Inc. * |
3,482 |
464,359 |
Cadence
Design Systems, Inc. * |
10,210 |
1,545,692 |
Ceridian
HCM Holding, Inc. * |
5,688 |
376,489 |
Crowdstrike
Holdings, Inc., Class A * |
7,962 |
1,283,474 |
Datadog,
Inc., Class A * |
9,208 |
741,336 |
DocuSign,
Inc. * |
7,442 |
359,449 |
Dynatrace,
Inc. * |
7,483 |
263,701 |
Fortinet,
Inc. * |
24,374 |
1,393,218 |
HubSpot,
Inc. * |
1,793 |
531,732 |
Intuit,
Inc. |
10,521 |
4,497,727 |
Microsoft
Corp. |
277,835 |
64,493,839 |
NortonLifeLock,
Inc. |
22,059 |
496,989 |
Oracle
Corp. |
56,595 |
4,418,372 |
Palantir
Technologies, Inc., Class A * |
65,114 |
572,352 |
Palo
Alto Networks, Inc. * |
11,128 |
1,909,453 |
Paycom
Software, Inc. * |
1,813 |
627,298 |
Paylocity
Holding Corp. * |
1,520 |
352,321 |
PTC,
Inc. * |
3,947 |
465,075 |
RingCentral,
Inc., Class A * |
2,868 |
101,871 |
Roper
Technologies, Inc. |
3,957 |
1,640,335 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
123
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— continued | ||
Salesforce,
Inc. * |
37,075 |
6,028,024 |
ServiceNow,
Inc. * |
7,513 |
3,161,020 |
Splunk,
Inc. * |
5,515 |
458,352 |
Synopsys,
Inc. * |
5,685 |
1,663,147 |
Tyler
Technologies, Inc. * |
1,543 |
498,898 |
UiPath,
Inc., Class A * |
12,913 |
163,349 |
Unity
Software, Inc. *
(a) |
6,662 |
196,529 |
VMware,
Inc., Class A |
7,696 |
866,031 |
Workday,
Inc., Class A * |
7,409 |
1,154,470 |
Zoom
Video Communications, Inc., Class A * |
8,240 |
687,546 |
Zscaler,
Inc. * |
3,105 |
478,480
|
|
|
110,229,226 |
Specialty
Retail — 2.2% | ||
Advance
Auto Parts, Inc. |
2,255 |
428,270 |
AutoZone,
Inc. * |
727 |
1,841,404 |
Bath
& Body Works, Inc. |
8,502 |
283,797 |
Best
Buy Co., Inc. |
7,458 |
510,202 |
Burlington
Stores, Inc. * |
2,470 |
353,111 |
CarMax,
Inc. * |
5,926 |
373,397 |
Home
Depot, Inc. (The) |
38,287 |
11,337,929 |
Lowe's
Cos., Inc. |
23,818 |
4,643,319 |
O'Reilly
Automotive, Inc. * |
2,362 |
1,977,395 |
Ross
Stores, Inc. |
13,024 |
1,246,267 |
TJX
Cos., Inc. (The) |
43,659 |
3,147,814 |
Tractor
Supply Co. |
4,129 |
907,430 |
Ulta
Beauty, Inc. * |
1,924 |
806,868 |
|
|
27,857,203 |
Technology
Hardware, Storage & Peripherals — 7.0% | ||
Apple,
Inc. |
562,768 |
86,294,845 |
Dell
Technologies, Inc., Class C |
9,901 |
380,199 |
Hewlett
Packard Enterprise Co. |
48,390 |
690,525 |
HP,
Inc. |
33,899 |
936,290 |
NetApp,
Inc. |
8,179 |
566,559 |
Seagate
Technology Holdings plc |
7,282 |
361,624 |
Western
Digital Corp. * |
11,675 |
401,270 |
|
|
89,631,312 |
Textiles,
Apparel & Luxury Goods — 0.5% | ||
Lululemon
Athletica, Inc. * |
4,334 |
1,426,059 |
NIKE,
Inc., Class B |
47,078 |
4,363,189 |
Tapestry,
Inc. |
9,367 |
296,747 |
VF
Corp. |
12,290 |
347,192 |
|
|
6,433,187 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Tobacco
— 0.7% | ||
Altria
Group, Inc. |
67,079 |
3,103,746 |
Philip
Morris International, Inc. |
57,752 |
5,304,521 |
|
|
8,408,267 |
Trading
Companies & Distributors — 0.2% | ||
Fastenal
Co. |
21,404 |
1,034,455 |
United
Rentals, Inc. * |
2,605 |
822,425 |
Watsco,
Inc. |
1,227 |
332,468 |
WW
Grainger, Inc. |
1,698 |
992,226
|
|
|
3,181,574 |
Water
Utilities — 0.1% | ||
American
Water Works Co., Inc. |
6,761 |
982,644
|
Wireless
Telecommunication Services — 0.3% | ||
T-Mobile
US, Inc. * |
22,426 |
3,398,885 |
Total
Common Stocks
(Cost
$1,332,143,636) |
|
1,266,332,003 |
Short-Term
Investments — 1.0% | ||
Investment
Companies — 0.7% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d)
(Cost
$8,865,488) |
8,865,488 |
8,865,488 |
Investment
of Cash Collateral from Securities Loaned — 0.3% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
1,501,652 |
1,501,652 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (c)
(d) |
2,238,043 |
2,238,043 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$3,739,695) |
|
3,739,695 |
Total
Short-Term Investments
(Cost
$12,605,183) |
|
12,605,183 |
Total
Investments — 100.2%
(Cost
$1,344,748,819) |
|
1,278,937,186 |
Liabilities
in Excess of Other Assets —
(0.2)% |
|
(2,413,578) |
NET
ASSETS — 100.0% |
|
1,276,523,608 |
Percentages
indicated are based on net
assets. |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $2,190,898. |
|
124
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
(b) |
Investment
in affiliate. This security is included in an
index
in which the Fund, as an index fund, tracks. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
500 E-Mini Index |
51 |
12/16/2022 |
USD |
9,901,650 |
(62,102) |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
125
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.4% | ||
Aerospace
& Defense — 1.4% | ||
Axon
Enterprise, Inc. * |
33,215 |
4,830,790 |
BWX
Technologies, Inc. |
44,868 |
2,556,579 |
Curtiss-Wright
Corp. |
18,886 |
3,169,637 |
Hexcel
Corp. |
41,369 |
2,304,253 |
Mercury
Systems, Inc. * |
28,369 |
1,373,060 |
Moog,
Inc., Class A |
14,246 |
1,207,348 |
Rocket
Lab USA, Inc. * |
106,127 |
540,186 |
Spirit
AeroSystems Holdings, Inc., Class A |
51,717 |
1,197,766 |
Woodward,
Inc. |
29,594 |
2,713,770 |
|
|
19,893,389 |
Air
Freight & Logistics — 0.2% | ||
GXO
Logistics, Inc. * |
58,346 |
2,131,963 |
Airlines
— 0.7% | ||
Alaska
Air Group, Inc. * |
62,355 |
2,772,303 |
Allegiant
Travel Co. * |
7,602 |
570,530 |
American
Airlines Group, Inc. * |
319,654 |
4,532,694 |
Frontier
Group Holdings, Inc. *
(a) |
18,203 |
238,641 |
JetBlue
Airways Corp. * |
159,301 |
1,280,780 |
Joby
Aviation, Inc. *
(a) |
140,463 |
677,032 |
|
|
10,071,980 |
Auto
Components — 1.2% | ||
Adient
plc * |
46,637 |
1,631,362 |
Autoliv,
Inc. (Sweden) |
38,555 |
3,097,894 |
Dana,
Inc. |
62,758 |
1,001,618 |
Fox
Factory Holding Corp. * |
20,789 |
1,826,314 |
Gentex
Corp. |
115,659 |
3,063,807 |
Goodyear
Tire & Rubber Co. (The) * |
139,108 |
1,766,672 |
Luminar
Technologies, Inc. *
(a) |
112,888 |
913,264 |
QuantumScape
Corp. *
(a) |
134,174 |
1,117,669 |
Visteon
Corp. * |
13,833 |
1,804,791 |
|
|
16,223,391 |
Automobiles
— 0.4% | ||
Harley-Davidson,
Inc. |
65,425 |
2,813,275 |
Thor
Industries, Inc. (a) |
26,823 |
2,185,270 |
|
|
4,998,545 |
Banks
— 6.4% | ||
Associated
Banc-Corp. |
73,934 |
1,800,293 |
Bank
of Hawaii Corp. |
19,766 |
1,501,228 |
Bank
OZK |
54,703 |
2,351,135 |
BankUnited,
Inc. |
38,330 |
1,377,963 |
BOK
Financial Corp. |
14,342 |
1,580,345 |
Cadence
Bank |
89,752 |
2,481,643 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— continued | ||
Commerce
Bancshares, Inc. |
53,662 |
3,801,416 |
Cullen/Frost
Bankers, Inc. |
31,544 |
4,890,897 |
First
Citizens BancShares, Inc., Class A |
6,492 |
5,337,203 |
First
Financial Bankshares, Inc. |
63,805 |
2,455,854 |
First
Hawaiian, Inc. |
62,814 |
1,606,782 |
First
Horizon Corp. |
263,954 |
6,469,513 |
FNB
Corp. |
172,524 |
2,492,972 |
Glacier
Bancorp, Inc. |
54,484 |
3,120,843 |
Hancock
Whitney Corp. |
42,163 |
2,355,647 |
Home
BancShares, Inc. |
93,809 |
2,391,191 |
Old
National Bancorp |
144,072 |
2,818,048 |
PacWest
Bancorp |
57,931 |
1,440,165 |
Pinnacle
Financial Partners, Inc. |
37,589 |
3,119,511 |
Popular,
Inc. (Puerto Rico) |
36,897 |
2,609,356 |
Prosperity
Bancshares, Inc. |
44,867 |
3,211,131 |
ServisFirst
Bancshares, Inc. |
24,043 |
1,811,159 |
SouthState
Corp. |
37,219 |
3,365,714 |
Synovus
Financial Corp. |
71,506 |
2,849,514 |
Texas
Capital Bancshares, Inc. * |
24,538 |
1,472,280 |
UMB
Financial Corp. |
21,385 |
1,779,660 |
Umpqua
Holdings Corp. |
106,766 |
2,122,508 |
United
Bankshares, Inc. |
66,199 |
2,803,528 |
Valley
National Bancorp |
206,719 |
2,453,755 |
Webster
Financial Corp. |
86,491 |
4,693,002 |
Western
Alliance Bancorp |
53,262 |
3,577,609 |
Wintrust
Financial Corp. |
29,876 |
2,796,991 |
|
|
88,938,856 |
Beverages
— 0.3% | ||
Boston
Beer Co., Inc. (The), Class A * |
4,678 |
1,746,251 |
Celsius
Holdings, Inc. * |
19,720 |
1,796,097 |
National
Beverage Corp. |
11,478 |
544,287 |
|
|
4,086,635 |
Biotechnology
— 3.2% | ||
ACADIA
Pharmaceuticals, Inc. * |
58,911 |
944,343 |
Alkermes
plc * |
80,795 |
1,834,047 |
Apellis
Pharmaceuticals, Inc. * |
45,935 |
2,778,608 |
Arrowhead
Pharmaceuticals, Inc. * |
52,066 |
1,812,418 |
Beam
Therapeutics, Inc. * |
29,070 |
1,280,824 |
Blueprint
Medicines Corp. * |
29,376 |
1,522,852 |
Cerevel
Therapeutics Holdings, Inc. * |
31,411 |
878,252 |
CRISPR
Therapeutics AG (Switzerland) *
(a) |
38,372 |
2,008,391 |
Denali
Therapeutics, Inc. * |
53,280 |
1,528,070 |
Exelixis,
Inc. * |
158,307 |
2,624,730 |
126
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Biotechnology
— continued | ||
Fate
Therapeutics, Inc. * |
40,556 |
848,432 |
Halozyme
Therapeutics, Inc. * |
67,772 |
3,240,179 |
Intellia
Therapeutics, Inc. * |
37,390 |
1,973,444 |
Ionis
Pharmaceuticals, Inc. * |
69,820 |
3,086,044 |
Iovance
Biotherapeutics, Inc. * |
67,530 |
630,730 |
Mirati
Therapeutics, Inc. * |
24,619 |
1,657,351 |
Natera,
Inc. * |
47,692 |
2,239,616 |
Novavax,
Inc. * |
38,473 |
856,794 |
Relay
Therapeutics, Inc. * |
43,760 |
972,347 |
Sarepta
Therapeutics, Inc. * |
43,074 |
4,911,298 |
Ultragenyx
Pharmaceutical, Inc. * |
34,451 |
1,393,887 |
United
Therapeutics Corp. * |
22,389 |
5,161,336 |
Vir
Biotechnology, Inc. * |
37,189 |
817,414 |
|
|
45,001,407 |
Building
Products — 2.0% | ||
A
O Smith Corp. |
63,197 |
3,461,932 |
Advanced
Drainage Systems, Inc. |
31,559 |
3,657,057 |
Armstrong
World Industries, Inc. |
22,819 |
1,724,432 |
AZEK
Co., Inc. (The) * |
53,882 |
943,474 |
Builders
FirstSource, Inc. * |
76,772 |
4,733,761 |
Carlisle
Cos., Inc. |
25,443 |
6,075,788 |
Hayward
Holdings, Inc. * |
49,923 |
461,788 |
JELD-WEN
Holding, Inc. * |
41,446 |
439,742 |
Simpson
Manufacturing Co., Inc. |
21,233 |
1,814,997 |
Trex
Co., Inc. * |
54,237 |
2,608,257 |
UFP
Industries, Inc. |
30,312 |
2,159,124 |
|
|
28,080,352 |
Capital
Markets — 2.9% | ||
Affiliated
Managers Group, Inc. |
18,803 |
2,334,580 |
Ares
Management Corp. |
76,134 |
5,773,241 |
Artisan
Partners Asset Management, Inc.,
Class
A |
33,160 |
945,392 |
Blue
Owl Capital, Inc. |
165,497 |
1,658,280 |
Evercore,
Inc., Class A |
17,714 |
1,861,741 |
Federated
Hermes, Inc. |
41,652 |
1,447,407 |
Forge
Global Holdings, Inc. * |
50,596 |
78,424 |
Houlihan
Lokey, Inc. |
24,429 |
2,181,998 |
Interactive
Brokers Group, Inc., Class A |
50,588 |
4,054,628 |
Janus
Henderson Group plc |
65,189 |
1,484,354 |
LPL
Financial Holdings, Inc. |
39,238 |
10,031,195 |
Morningstar,
Inc. |
12,330 |
2,862,779 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Capital
Markets — continued | ||
Stifel
Financial Corp. |
52,211 |
3,230,295 |
Tradeweb
Markets, Inc., Class A |
52,871 |
2,912,135 |
|
|
40,856,449 |
Chemicals
— 2.5% | ||
Ashland,
Inc. |
24,500 |
2,570,540 |
Avient
Corp. |
42,047 |
1,450,201 |
Axalta
Coating Systems Ltd. * |
108,486 |
2,529,894 |
Balchem
Corp. |
15,800 |
2,208,840 |
Cabot
Corp. |
27,693 |
2,034,882 |
Chemours
Co. (The) |
76,311 |
2,184,784 |
Diversey
Holdings Ltd. * |
38,281 |
206,717 |
Element
Solutions, Inc. |
112,229 |
1,930,339 |
Ginkgo
Bioworks Holdings, Inc. *
(a) |
405,132 |
1,106,010 |
Huntsman
Corp. |
93,127 |
2,492,079 |
Ingevity
Corp. * |
17,593 |
1,183,481 |
NewMarket
Corp. |
3,398 |
1,034,147 |
Olin
Corp. |
66,398 |
3,515,774 |
RPM
International, Inc. |
63,458 |
6,001,223 |
Scotts
Miracle-Gro Co. (The) |
19,895 |
913,379 |
Sensient
Technologies Corp. |
20,678 |
1,477,650 |
Valvoline,
Inc. |
87,075 |
2,556,522 |
|
|
35,396,462 |
Commercial
Services & Supplies — 1.1% | ||
Brink's
Co. (The) |
23,238 |
1,385,682 |
Clean
Harbors, Inc. * |
24,750 |
3,030,885 |
Driven
Brands Holdings, Inc. * |
27,186 |
869,408 |
IAA,
Inc. * |
65,789 |
2,495,377 |
MSA
Safety, Inc. |
18,091 |
2,428,536 |
Stericycle,
Inc. * |
45,343 |
2,021,391 |
Tetra
Tech, Inc. |
26,227 |
3,705,350 |
|
|
15,936,629 |
Communications
Equipment — 0.7% | ||
Ciena
Corp. * |
73,639 |
3,527,308 |
Lumentum
Holdings, Inc. * |
33,941 |
2,526,908 |
Viasat,
Inc. * |
37,164 |
1,522,237 |
Viavi
Solutions, Inc. * |
112,068 |
1,692,227 |
|
|
9,268,680 |
Construction
& Engineering — 1.7% | ||
AECOM |
68,693 |
5,171,209 |
API
Group Corp. * |
98,891 |
1,630,713 |
EMCOR
Group, Inc. |
24,274 |
3,425,061 |
MasTec,
Inc. * |
28,998 |
2,235,166 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
127
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Construction
& Engineering — continued | ||
MDU
Resources Group, Inc. |
100,027 |
2,848,769 |
Valmont
Industries, Inc. |
10,502 |
3,352,448 |
WillScot
Mobile Mini Holdings Corp. * |
105,118 |
4,470,669 |
|
|
23,134,035 |
Construction
Materials — 0.2% | ||
Eagle
Materials, Inc. |
18,537 |
2,267,260 |
Consumer
Finance — 0.8% | ||
Bread
Financial Holdings, Inc. |
24,519 |
885,381 |
Credit
Acceptance Corp. * |
2,987 |
1,390,807 |
FirstCash
Holdings, Inc. |
18,741 |
1,845,051 |
OneMain
Holdings, Inc. |
60,831 |
2,345,643 |
SLM
Corp. |
123,654 |
2,051,420 |
SoFi
Technologies, Inc. *
(a) |
399,265 |
2,172,002 |
Upstart
Holdings, Inc. *
(a) |
34,412 |
797,670 |
|
|
11,487,974 |
Containers
& Packaging — 1.0% | ||
AptarGroup,
Inc. |
32,139 |
3,186,582 |
Berry
Global Group, Inc. * |
61,536 |
2,911,884 |
Graphic
Packaging Holding Co. |
151,418 |
3,476,557 |
Silgan
Holdings, Inc. |
41,203 |
1,951,374 |
Sonoco
Products Co. |
47,962 |
2,977,481 |
|
|
14,503,878 |
Diversified
Consumer Services — 1.2% | ||
ADT,
Inc. |
105,653 |
893,824 |
Bright
Horizons Family Solutions, Inc. * |
28,437 |
1,857,505 |
Chegg,
Inc. * |
62,175 |
1,341,115 |
Coursera,
Inc. * |
41,586 |
536,044 |
Frontdoor,
Inc. * |
40,084 |
884,253 |
Graham
Holdings Co., Class B |
1,908 |
1,190,344 |
Grand
Canyon Education, Inc. * |
15,722 |
1,582,105 |
H&R
Block, Inc. |
78,503 |
3,230,398 |
Mister
Car Wash, Inc. *
(a) |
38,869 |
343,213 |
PowerSchool
Holdings, Inc., Class A * |
15,591 |
311,820 |
Service
Corp. International |
77,559 |
4,700,851 |
|
|
16,871,472 |
Diversified
Telecommunication Services — 0.4% | ||
Frontier
Communications Parent, Inc. * |
109,661 |
2,568,261 |
Iridium
Communications, Inc. * |
62,457 |
3,218,409 |
|
|
5,786,670 |
Electric
Utilities — 1.0% | ||
ALLETE,
Inc. |
28,073 |
1,579,668 |
Hawaiian
Electric Industries, Inc. |
53,847 |
2,048,340 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
IDACORP,
Inc. |
24,870 |
2,603,889 |
OGE
Energy Corp. |
98,478 |
3,607,249 |
PNM
Resources, Inc. |
42,222 |
1,962,056 |
Portland
General Electric Co. |
43,898 |
1,972,776 |
|
|
13,773,978 |
Electrical
Equipment — 1.6% | ||
Acuity
Brands, Inc. |
16,091 |
2,953,825 |
Atkore,
Inc. * |
20,325 |
1,936,972 |
Bloom
Energy Corp., Class A * |
86,718 |
1,622,494 |
ChargePoint
Holdings, Inc. *
(a) |
127,627 |
1,784,225 |
EnerSys |
19,999 |
1,325,734 |
GrafTech
International Ltd. |
94,663 |
481,835 |
nVent
Electric plc |
81,894 |
2,989,131 |
Regal
Rexnord Corp. |
32,700 |
4,137,858 |
SunPower
Corp. * |
41,961 |
775,859 |
Sunrun,
Inc. * |
104,332 |
2,348,513 |
Vertiv
Holdings Co. |
148,370 |
2,123,175 |
|
|
22,479,621 |
Electronic
Equipment, Instruments & Components — 1.8% | ||
Arrow
Electronics, Inc. * |
31,566 |
3,196,373 |
Avnet,
Inc. |
46,566 |
1,871,488 |
Belden,
Inc. |
21,410 |
1,490,778 |
Coherent
Corp. * |
63,762 |
2,143,041 |
IPG
Photonics Corp. * |
16,300 |
1,396,258 |
Jabil,
Inc. |
67,662 |
4,347,284 |
Littelfuse,
Inc. |
12,177 |
2,681,984 |
National
Instruments Corp. |
65,085 |
2,484,945 |
Novanta,
Inc. * |
17,532 |
2,479,025 |
TD
SYNNEX Corp. |
20,745 |
1,898,375 |
Vontier
Corp. |
77,691 |
1,483,898 |
|
|
25,473,449 |
Energy
Equipment & Services — 0.7% | ||
ChampionX
Corp. |
99,821 |
2,856,877 |
Helmerich
& Payne, Inc. |
51,791 |
2,564,173 |
NOV,
Inc. |
193,216 |
4,328,038 |
|
|
9,749,088 |
Entertainment
— 0.7% | ||
Liberty
Media Corp.-Liberty Formula One,
Class
A * |
11,792 |
613,420 |
Liberty
Media Corp.-Liberty Formula One,
Class
C * |
101,556 |
5,862,828 |
Lions
Gate Entertainment Corp., Class A * |
29,506 |
237,818 |
Lions
Gate Entertainment Corp., Class B * |
61,425 |
466,216 |
128
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Entertainment
— continued | ||
Madison
Square Garden Sports Corp. |
8,914 |
1,396,022 |
Warner
Music Group Corp., Class A |
57,364 |
1,492,611 |
|
|
10,068,915 |
Equity
Real Estate Investment Trusts (REITs) — 8.2% | ||
Agree
Realty Corp. |
39,269 |
2,697,780 |
American
Homes 4 Rent, Class A |
148,812 |
4,753,055 |
Americold
Realty Trust, Inc. |
132,499 |
3,213,101 |
Apartment
Income REIT Corp. |
75,843 |
2,914,646 |
Apple
Hospitality REIT, Inc. |
104,702 |
1,792,498 |
Brixmor
Property Group, Inc. |
147,405 |
3,141,201 |
Broadstone
Net Lease, Inc. |
85,154 |
1,459,540 |
Cousins
Properties, Inc. |
74,489 |
1,769,859 |
CubeSmart |
110,407 |
4,622,741 |
Douglas
Emmett, Inc. |
86,467 |
1,520,955 |
EastGroup
Properties, Inc. |
21,430 |
3,357,867 |
EPR
Properties |
36,899 |
1,424,301 |
Equity
Commonwealth |
54,719 |
1,431,449 |
First
Industrial Realty Trust, Inc. |
64,965 |
3,094,283 |
Gaming
and Leisure Properties, Inc. |
125,668 |
6,298,480 |
Healthcare
Realty Trust, Inc. |
187,189 |
3,805,552 |
Highwoods
Properties, Inc. |
51,740 |
1,460,620 |
Hudson
Pacific Properties, Inc. |
63,409 |
700,035 |
Independence
Realty Trust, Inc. |
109,113 |
1,828,734 |
Innovative
Industrial Properties, Inc. |
13,760 |
1,487,456 |
JBG
SMITH Properties |
48,953 |
963,395 |
Kilroy
Realty Corp. |
51,739 |
2,211,325 |
Kite
Realty Group Trust |
107,780 |
2,116,799 |
Lamar
Advertising Co., Class A |
42,851 |
3,952,148 |
Life
Storage, Inc. |
41,508 |
4,591,200 |
Medical
Properties Trust, Inc. |
294,643 |
3,373,662 |
National
Health Investors, Inc. |
21,965 |
1,245,415 |
National
Retail Properties, Inc. |
87,120 |
3,661,654 |
National
Storage Affiliates Trust |
41,977 |
1,790,739 |
Omega
Healthcare Investors, Inc. |
115,157 |
3,659,689 |
Outfront
Media, Inc. |
71,817 |
1,296,297 |
Park
Hotels & Resorts, Inc. |
110,598 |
1,446,622 |
Pebblebrook
Hotel Trust |
64,660 |
1,037,146 |
Phillips
Edison & Co., Inc. |
57,404 |
1,730,157 |
Piedmont
Office Realty Trust, Inc., Class A |
60,697 |
634,284 |
Rayonier,
Inc. |
72,024 |
2,427,209 |
Rexford
Industrial Realty, Inc. |
84,146 |
4,651,591 |
RLJ
Lodging Trust |
80,055 |
974,269 |
Ryman
Hospitality Properties, Inc. |
27,130 |
2,412,400 |
Sabra
Health Care REIT, Inc. |
113,612 |
1,551,940 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Equity
Real Estate Investment Trusts (REITs) — continued | ||
SITE
Centers Corp. |
91,598 |
1,133,983 |
SL
Green Realty Corp. |
31,629 |
1,255,039 |
Spirit
Realty Capital, Inc. |
67,066 |
2,604,173 |
STAG
Industrial, Inc. |
88,155 |
2,784,816 |
STORE
Capital Corp. |
130,709 |
4,156,546 |
Sunstone
Hotel Investors, Inc. |
104,436 |
1,164,461 |
Terreno
Realty Corp. |
32,702 |
1,868,592 |
Uniti
Group, Inc. |
116,702 |
905,608
|
|
|
114,375,312 |
Food
& Staples Retailing — 1.3% | ||
BJ's
Wholesale Club Holdings, Inc. * |
66,495 |
5,146,713 |
Casey's
General Stores, Inc. |
18,323 |
4,263,945 |
Performance
Food Group Co. * |
76,244 |
3,967,738 |
PriceSmart,
Inc. |
12,324 |
788,366 |
Sprouts
Farmers Market, Inc. * |
52,856 |
1,559,252 |
US
Foods Holding Corp. * |
100,510 |
2,991,178 |
|
|
18,717,192 |
Food
Products — 1.4% | ||
Beyond
Meat, Inc. *
(a) |
29,752 |
467,106 |
Darling
Ingredients, Inc. * |
78,886 |
6,190,973 |
Flowers
Foods, Inc. |
94,915 |
2,725,010 |
Freshpet,
Inc. * |
23,522 |
1,386,622 |
Hain
Celestial Group, Inc. (The) * |
44,170 |
826,421 |
Ingredion,
Inc. |
32,229 |
2,872,248 |
Lancaster
Colony Corp. |
9,747 |
1,757,189 |
Pilgrim's
Pride Corp. * |
22,341 |
514,960 |
Post
Holdings, Inc. * |
26,749 |
2,418,645 |
Seaboard
Corp. |
126 |
472,044 |
|
|
19,631,218 |
Gas
Utilities — 0.8% | ||
National
Fuel Gas Co. |
44,996 |
3,036,780 |
New
Jersey Resources Corp. |
47,334 |
2,112,990 |
ONE
Gas, Inc. |
26,630 |
2,063,292 |
Southwest
Gas Holdings, Inc. |
30,323 |
2,215,702 |
Spire,
Inc. |
25,821 |
1,802,564 |
|
|
11,231,328 |
Health
Care Equipment & Supplies — 3.0% | ||
Enovis
Corp. * |
23,431 |
1,158,663 |
Envista
Holdings Corp. * |
80,371 |
2,653,047 |
Figs,
Inc., Class A * |
62,495 |
461,213 |
Globus
Medical, Inc., Class A * |
37,894 |
2,538,898 |
Haemonetics
Corp. * |
25,242 |
2,144,308 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
129
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Equipment & Supplies — continued | ||
ICU
Medical, Inc. * |
9,875 |
1,465,549 |
Inari
Medical, Inc. * |
23,636 |
1,818,318 |
Inspire
Medical Systems, Inc. * |
13,595 |
2,650,345 |
Integra
LifeSciences Holdings Corp. * |
35,735 |
1,795,684 |
Lantheus
Holdings, Inc. * |
33,814 |
2,501,898 |
LivaNova
plc * |
26,339 |
1,240,567 |
Masimo
Corp. * |
23,772 |
3,128,395 |
Nevro
Corp. * |
17,407 |
667,384 |
NuVasive,
Inc. * |
25,608 |
1,130,081 |
Omnicell,
Inc. * |
21,785 |
1,684,416 |
Penumbra,
Inc. * |
18,637 |
3,195,686 |
QuidelOrtho
Corp. * |
26,676 |
2,396,038 |
Shockwave
Medical, Inc. * |
17,672 |
5,180,547 |
STAAR
Surgical Co. * |
23,629 |
1,674,587 |
Tandem
Diabetes Care, Inc. * |
31,590 |
1,773,779 |
|
|
41,259,403 |
Health
Care Providers & Services — 2.7% | ||
Acadia
Healthcare Co., Inc. * |
44,684 |
3,632,809 |
Amedisys,
Inc. * |
15,958 |
1,557,341 |
AMN
Healthcare Services, Inc. * |
21,286 |
2,671,393 |
Apollo
Medical Holdings, Inc. *
(a) |
19,299 |
684,343 |
Chemed
Corp. |
7,332 |
3,423,091 |
Encompass
Health Corp. |
49,080 |
2,671,915 |
Ensign
Group, Inc. (The) |
27,197 |
2,441,747 |
Guardant
Health, Inc. * |
50,281 |
2,488,909 |
HealthEquity,
Inc. * |
41,500 |
3,233,265 |
LifeStance
Health Group, Inc. *
(a) |
46,260 |
349,263 |
Oak
Street Health, Inc. * |
56,995 |
1,153,009 |
Option
Care Health, Inc. * |
76,038 |
2,300,910 |
Patterson
Cos., Inc. |
42,612 |
1,106,634 |
Premier,
Inc., Class A |
58,037 |
2,024,331 |
Privia
Health Group, Inc. * |
24,095 |
806,701 |
Progyny,
Inc. * |
36,688 |
1,631,515 |
R1
RCM, Inc. * |
67,538 |
1,192,721 |
Signify
Health, Inc., Class A * |
33,919 |
991,452 |
Surgery
Partners, Inc. * |
19,022 |
517,208 |
Tenet
Healthcare Corp. * |
53,070 |
2,354,185 |
|
|
37,232,742 |
Health
Care Technology — 0.4% | ||
Certara,
Inc. * |
51,905 |
634,798 |
Definitive
Healthcare Corp. * |
17,799 |
280,868 |
Doximity,
Inc., Class A *
(a) |
54,338 |
1,438,327 |
Multiplan
Corp. * |
116,311 |
333,813 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Health
Care Technology — continued | ||
Nutex
Health, Inc. *
(a) |
12,738 |
10,254 |
Teladoc
Health, Inc. *
(a) |
79,518 |
2,356,913 |
|
|
5,054,973 |
Hotels,
Restaurants & Leisure — 3.2% | ||
Boyd
Gaming Corp. |
39,942 |
2,307,050 |
Choice
Hotels International, Inc. |
14,268 |
1,852,557 |
Churchill
Downs, Inc. |
16,318 |
3,392,675 |
Cracker
Barrel Old Country Store, Inc. |
11,210 |
1,280,406 |
DraftKings,
Inc., Class A *
(a) |
220,636 |
3,486,049 |
Hilton
Grand Vacations, Inc. * |
39,946 |
1,567,481 |
Hyatt
Hotels Corp., Class A * |
24,651 |
2,322,371 |
Life
Time Group Holdings, Inc. * |
27,656 |
290,111 |
Light
& Wonder, Inc. * |
46,400 |
2,604,896 |
Marriott
Vacations Worldwide Corp. |
19,324 |
2,855,314 |
Norwegian
Cruise Line Holdings Ltd. *
(a) |
207,278 |
3,500,925 |
Penn
Entertainment, Inc. * |
77,996 |
2,581,668 |
Planet
Fitness, Inc., Class A * |
41,439 |
2,713,426 |
SeaWorld
Entertainment, Inc. * |
20,622 |
1,199,376 |
Six
Flags Entertainment Corp. * |
36,384 |
811,363 |
Texas
Roadhouse, Inc. |
32,884 |
3,253,872 |
Travel
+ Leisure Co. |
41,233 |
1,566,029 |
Wendy's
Co. (The) |
83,741 |
1,740,138 |
Wingstop,
Inc. |
14,714 |
2,330,551 |
Wyndham
Hotels & Resorts, Inc. |
44,431 |
3,373,646 |
|
|
45,029,904 |
Household
Durables — 0.8% | ||
Helen
of Troy Ltd. * |
11,790 |
1,115,570 |
Leggett
& Platt, Inc. |
65,234 |
2,201,647 |
Tempur
Sealy International, Inc. |
84,701 |
2,277,610 |
Toll
Brothers, Inc. |
52,597 |
2,265,879 |
TopBuild
Corp. * |
15,927 |
2,709,820 |
|
|
10,570,526 |
Household
Products — 0.2% | ||
Energizer
Holdings, Inc. |
32,596 |
941,698 |
Reynolds
Consumer Products, Inc. |
26,840 |
819,694 |
Spectrum
Brands Holdings, Inc. |
20,057 |
925,430 |
|
|
2,686,822 |
Independent
Power and Renewable Electricity Producers — 0.2% | ||
Ormat
Technologies, Inc. (a) |
22,011 |
1,990,895 |
Sunnova
Energy International, Inc. *
(a) |
48,503 |
899,246 |
|
|
2,890,141 |
130
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Insurance
— 3.5% | ||
Assurant,
Inc. |
26,173 |
3,555,864 |
Assured
Guaranty Ltd. |
30,451 |
1,802,395 |
Axis
Capital Holdings Ltd. |
37,894 |
2,071,665 |
Brighthouse
Financial, Inc. * |
35,326 |
2,016,055 |
CNO
Financial Group, Inc. |
56,271 |
1,241,338 |
Enstar
Group Ltd. * |
6,681 |
1,339,674 |
Erie
Indemnity Co., Class A |
12,269 |
3,153,256 |
First
American Financial Corp. |
51,236 |
2,582,294 |
Hanover
Insurance Group, Inc. (The) |
17,528 |
2,567,677 |
Kemper
Corp. |
31,408 |
1,497,219 |
Kinsale
Capital Group, Inc. |
10,590 |
3,337,650 |
Mercury
General Corp. |
13,074 |
379,146 |
Old
Republic International Corp. |
141,326 |
3,280,177 |
Primerica,
Inc. |
18,423 |
2,665,808 |
RenaissanceRe
Holdings Ltd. (Bermuda) |
21,498 |
3,325,311 |
RLI
Corp. |
19,862 |
2,583,450 |
Ryan
Specialty Holdings, Inc., Class A * |
40,664 |
1,823,780 |
Selective
Insurance Group, Inc. |
29,676 |
2,910,622 |
Unum
Group |
92,476 |
4,215,981 |
White
Mountains Insurance Group Ltd. |
1,247 |
1,765,939 |
|
|
48,115,301 |
Interactive
Media & Services — 0.4% | ||
Bumble,
Inc., Class A * |
38,883 |
987,628 |
Cargurus,
Inc. * |
45,866 |
667,809 |
TripAdvisor,
Inc. * |
51,243 |
1,210,360 |
Yelp,
Inc. * |
34,567 |
1,327,718 |
Ziff
Davis, Inc. * |
23,213 |
1,796,454 |
|
|
5,989,969 |
Internet
& Direct Marketing Retail — 0.2% | ||
Chewy,
Inc., Class A *
(a) |
44,673 |
1,730,185 |
Wayfair,
Inc., Class A *
(a) |
37,621 |
1,426,589 |
|
|
3,156,774 |
IT
Services — 1.9% | ||
Affirm
Holdings, Inc. *
(a) |
101,284 |
2,032,770 |
Concentrix
Corp. |
20,992 |
2,565,852 |
DigitalOcean
Holdings, Inc. *
(a) |
30,038 |
1,078,965 |
Euronet
Worldwide, Inc. * |
23,169 |
1,946,428 |
ExlService
Holdings, Inc. * |
16,263 |
2,957,426 |
Flywire
Corp. * |
30,186 |
662,583 |
Genpact
Ltd. |
83,034 |
4,027,149 |
Maximus,
Inc. |
29,785 |
1,836,841 |
Rackspace
Technology, Inc. *
(a) |
27,968 |
144,035 |
SolarWinds
Corp. * |
22,954 |
214,161 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
IT
Services — continued | ||
Switch,
Inc., Class A |
68,071 |
2,317,818 |
Thoughtworks
Holding, Inc. * |
32,056 |
308,058 |
Western
Union Co. (The) |
189,749 |
2,563,509 |
WEX,
Inc. * |
21,729 |
3,566,598 |
|
|
26,222,193 |
Leisure
Products — 0.9% | ||
Brunswick
Corp. |
36,582 |
2,585,250 |
Mattel,
Inc. * |
173,762 |
3,294,528 |
Peloton
Interactive, Inc., Class A *
(a) |
151,136 |
1,269,542 |
Polaris,
Inc. |
27,537 |
2,797,759 |
Topgolf
Callaway Brands Corp. * |
68,165 |
1,276,049 |
YETI
Holdings, Inc. * |
42,389 |
1,359,839 |
|
|
12,582,967 |
Life
Sciences Tools & Services — 1.2% | ||
10X
Genomics, Inc., Class A * |
46,752 |
1,270,719 |
Azenta,
Inc. |
36,902 |
1,638,449 |
Bruker
Corp. |
49,550 |
3,064,172 |
Maravai
LifeSciences Holdings, Inc., Class A * |
53,703 |
891,470 |
Medpace
Holdings, Inc. * |
12,351 |
2,741,675 |
Repligen
Corp. * |
25,385 |
4,632,509 |
Sotera
Health Co. * |
48,705 |
335,090 |
Syneos
Health, Inc. * |
50,494 |
2,543,888 |
|
|
17,117,972 |
Machinery
— 4.5% | ||
AGCO
Corp. |
30,456 |
3,781,722 |
Allison
Transmission Holdings, Inc. |
47,342 |
2,000,200 |
Chart
Industries, Inc. * |
17,641 |
3,931,826 |
Crane
Holdings Co. |
23,455 |
2,353,475 |
Donaldson
Co., Inc. |
60,777 |
3,491,639 |
Evoqua
Water Technologies Corp. * |
59,758 |
2,341,318 |
Flowserve
Corp. |
64,287 |
1,843,751 |
Gates
Industrial Corp. plc * |
49,988 |
557,366 |
Graco,
Inc. |
83,187 |
5,788,151 |
ITT,
Inc. |
40,679 |
3,107,469 |
Kennametal,
Inc. |
40,010 |
1,068,667 |
Lincoln
Electric Holdings, Inc. |
28,490 |
4,045,580 |
Middleby
Corp. (The) * |
26,505 |
3,706,989 |
Nikola
Corp. *
(a) |
158,958 |
602,451 |
Nordson
Corp. |
26,592 |
5,983,200 |
Oshkosh
Corp. |
32,156 |
2,829,728 |
RBC
Bearings, Inc. * |
14,231 |
3,607,985 |
Timken
Co. (The) |
32,876 |
2,343,730 |
Toro
Co. (The) |
51,438 |
5,423,108 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
131
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Machinery
— continued | ||
Trinity
Industries, Inc. |
40,339 |
1,150,872 |
Watts
Water Technologies, Inc., Class A |
13,431 |
1,965,761 |
|
|
61,924,988 |
Marine
— 0.2% | ||
Kirby
Corp. * |
29,464 |
2,055,114 |
Media
— 0.8% | ||
Altice
USA, Inc., Class A * |
106,377 |
703,152 |
Cable
One, Inc. |
2,400 |
2,062,632 |
John
Wiley & Sons, Inc., Class A |
21,142 |
891,981 |
New
York Times Co. (The), Class A |
81,393 |
2,357,141 |
Nexstar
Media Group, Inc., Class A |
19,082 |
3,268,747 |
TEGNA,
Inc. |
109,746 |
2,291,496 |
|
|
11,575,149 |
Metals
& Mining — 1.7% | ||
Alcoa
Corp. |
88,504 |
3,454,311 |
Cleveland-Cliffs,
Inc. * |
254,455 |
3,305,370 |
Commercial
Metals Co. |
59,268 |
2,696,694 |
Compass
Minerals International, Inc. |
16,804 |
664,430 |
MP
Materials Corp. * |
45,409 |
1,364,086 |
Reliance
Steel & Aluminum Co. |
29,658 |
5,975,494 |
Royal
Gold, Inc. |
32,287 |
3,065,974 |
United
States Steel Corp. |
116,690 |
2,375,808 |
Worthington
Industries, Inc. |
14,860 |
706,742 |
|
|
23,608,909 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.7% | ||
AGNC
Investment Corp. |
257,123 |
2,113,551 |
Blackstone
Mortgage Trust, Inc., Class A |
83,768 |
2,090,849 |
Chimera
Investment Corp. |
113,996 |
769,473 |
Rithm
Capital Corp. |
229,643 |
1,935,891 |
Starwood
Property Trust, Inc. |
152,103 |
3,142,448 |
|
|
10,052,212 |
Multiline
Retail — 0.6% | ||
Dillard's,
Inc., Class A (a) |
1,731 |
569,135 |
Kohl's
Corp. |
63,189 |
1,892,511 |
Macy's,
Inc. |
132,679 |
2,766,357 |
Nordstrom,
Inc. |
55,291 |
1,124,619 |
Ollie's
Bargain Outlet Holdings, Inc. *
(a) |
28,589 |
1,600,984 |
|
|
7,953,606 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Multi-Utilities
— 0.3% | ||
Avista
Corp. |
35,897 |
1,472,854 |
Black
Hills Corp. |
32,012 |
2,092,624 |
|
|
3,565,478 |
Oil,
Gas & Consumable Fuels — 4.9% | ||
Antero
Midstream Corp. |
164,745 |
1,754,534 |
Antero
Resources Corp. * |
138,531 |
5,078,546 |
APA
Corp. |
160,617 |
7,301,649 |
Chesapeake
Energy Corp. |
47,556 |
4,863,552 |
Civitas
Resources, Inc. |
25,514 |
1,783,684 |
CNX
Resources Corp. * |
93,190 |
1,566,524 |
DT
Midstream, Inc. |
47,583 |
2,840,705 |
Enviva,
Inc. |
15,086 |
902,746 |
EQT
Corp. |
181,979 |
7,614,001 |
Equitrans
Midstream Corp. |
212,881 |
1,792,458 |
HF
Sinclair Corp. |
71,465 |
4,371,514 |
Matador
Resources Co. |
55,196 |
3,667,774 |
Murphy
Oil Corp. |
71,878 |
3,486,802 |
New
Fortress Energy, Inc. |
23,482 |
1,293,154 |
Ovintiv,
Inc. |
125,087 |
6,335,657 |
PDC
Energy, Inc. |
47,373 |
3,417,488 |
Range
Resources Corp. |
121,883 |
3,471,228 |
SM
Energy Co. |
60,303 |
2,712,429 |
Southwestern
Energy Co. * |
548,118 |
3,798,458 |
|
|
68,052,903 |
Paper
& Forest Products — 0.2% | ||
Louisiana-Pacific
Corp. |
36,337 |
2,058,491 |
Personal
Products — 0.3% | ||
Beauty
Health Co. (The) * |
51,951 |
593,800 |
BellRing
Brands, Inc. * |
66,624 |
1,613,633 |
Coty,
Inc., Class A * |
177,500 |
1,191,025 |
Herbalife
Nutrition Ltd. * |
48,137 |
1,023,393 |
|
|
4,421,851 |
Pharmaceuticals
— 0.8% | ||
Intra-Cellular
Therapies, Inc. * |
43,185 |
1,972,259 |
Organon
& Co. |
125,103 |
3,275,197 |
Pacira
BioSciences, Inc. * |
22,540 |
1,166,670 |
Perrigo
Co. plc |
66,217 |
2,667,221 |
Prestige
Consumer Healthcare, Inc. * |
24,478 |
1,333,561 |
Tilray
Brands, Inc. (Canada) *
(a) |
285,300 |
1,161,171 |
|
|
11,576,079 |
Professional
Services — 2.5% | ||
Alight,
Inc., Class A * |
132,877 |
1,101,550 |
132
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Professional
Services — continued | ||
ASGN,
Inc. * |
24,693 |
2,093,473 |
Booz
Allen Hamilton Holding Corp. |
65,091 |
7,085,155 |
CACI
International, Inc., Class A * |
11,519 |
3,502,122 |
Exponent,
Inc. |
25,144 |
2,395,217 |
FTI
Consulting, Inc. * |
16,990 |
2,644,154 |
Insperity,
Inc. |
17,582 |
2,075,028 |
KBR,
Inc. |
68,395 |
3,404,019 |
ManpowerGroup,
Inc. |
25,451 |
1,993,831 |
Robert
Half International, Inc. |
53,896 |
4,120,888 |
Science
Applications International Corp. |
27,391 |
2,967,541 |
TriNet
Group, Inc. * |
18,029 |
1,171,524 |
Upwork,
Inc. * |
58,428 |
785,857 |
|
|
35,340,359 |
Real
Estate Management & Development — 0.6% | ||
Cushman
& Wakefield plc * |
79,926 |
923,145 |
DigitalBridge
Group, Inc. |
72,558 |
928,742 |
eXp
World Holdings, Inc. (a) |
35,841 |
473,460 |
Howard
Hughes Corp. (The) * |
17,677 |
1,084,484 |
Jones
Lang LaSalle, Inc. * |
23,570 |
3,749,751 |
Opendoor
Technologies, Inc. * |
247,477 |
640,966 |
WeWork,
Inc. *
(a) |
115,148 |
295,930 |
|
|
8,096,478 |
Road
& Rail — 1.6% | ||
AMERCO |
4,823 |
2,774,141 |
Avis
Budget Group, Inc. * |
14,186 |
3,354,422 |
Hertz
Global Holdings, Inc. * |
88,621 |
1,630,626 |
Knight-Swift
Transportation Holdings, Inc. |
79,030 |
3,795,811 |
Landstar
System, Inc. |
17,918 |
2,799,150 |
Ryder
System, Inc. |
25,182 |
2,027,403 |
Saia,
Inc. * |
12,992 |
2,583,589 |
TuSimple
Holdings, Inc., Class A * |
67,060 |
230,016 |
XPO
Logistics, Inc. * |
56,587 |
2,927,811 |
|
|
22,122,969 |
Semiconductors
& Semiconductor Equipment — 2.3% | ||
Allegro
MicroSystems, Inc. (Japan) * |
31,989 |
812,840 |
Ambarella,
Inc. * |
17,813 |
974,906 |
Amkor
Technology, Inc. |
49,378 |
1,026,569 |
Cirrus
Logic, Inc. * |
27,516 |
1,846,874 |
First
Solar, Inc. * |
48,763 |
7,098,430 |
Lattice
Semiconductor Corp. * |
67,545 |
3,276,608 |
MKS
Instruments, Inc. |
28,127 |
2,310,633 |
Power
Integrations, Inc. |
28,127 |
1,876,352 |
Semtech
Corp. * |
31,224 |
864,593 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Semiconductors
& Semiconductor Equipment — continued | ||
Silicon
Laboratories, Inc. * |
16,834 |
1,934,563 |
SiTime
Corp. * |
7,853 |
705,278 |
Synaptics,
Inc. * |
19,489 |
1,726,725 |
Universal
Display Corp. |
21,373 |
2,035,137 |
Wolfspeed,
Inc. * |
60,815 |
4,789,181 |
|
|
31,278,689 |
Software
— 6.0% | ||
ACI
Worldwide, Inc. * |
56,099 |
1,364,889 |
Alteryx,
Inc., Class A * |
29,888 |
1,456,442 |
Asana,
Inc., Class A * |
37,106 |
764,384 |
Aspen
Technology, Inc. * |
14,234 |
3,436,799 |
Black
Knight, Inc. * |
76,747 |
4,640,891 |
Blackbaud,
Inc. * |
21,911 |
1,198,532 |
Blackline,
Inc. * |
26,692 |
1,494,752 |
Box,
Inc., Class A * |
70,860 |
2,058,483 |
Clear
Secure, Inc., Class A * |
35,174 |
950,401 |
CommVault
Systems, Inc. * |
22,040 |
1,342,016 |
Coupa
Software, Inc. * |
37,163 |
1,978,187 |
Cvent
Holding Corp. * |
30,871 |
180,595 |
Digital
Turbine, Inc. * |
44,244 |
645,962 |
Dolby
Laboratories, Inc., Class A |
30,296 |
2,024,985 |
DoubleVerify
Holdings, Inc. * |
31,468 |
919,810 |
Dropbox,
Inc., Class A * |
135,409 |
2,945,146 |
Duck
Creek Technologies, Inc. * |
37,170 |
443,810 |
Elastic
NV * |
37,794 |
2,416,926 |
Envestnet,
Inc. * |
27,151 |
1,338,816 |
Fair
Isaac Corp. * |
12,422 |
5,948,150 |
Five9,
Inc. * |
34,483 |
2,077,946 |
Guidewire
Software, Inc. * |
41,228 |
2,449,355 |
Informatica,
Inc., Class A *
(a) |
18,656 |
361,180 |
Jamf
Holding Corp. * |
21,966 |
519,935 |
JFrog
Ltd. (Israel) * |
29,311 |
744,499 |
LiveRamp
Holdings, Inc. * |
33,027 |
606,376 |
Manhattan
Associates, Inc. * |
30,851 |
3,753,641 |
MicroStrategy,
Inc., Class A *
(a) |
4,593 |
1,228,673 |
nCino,
Inc. * |
37,402 |
1,177,415 |
NCR
Corp. * |
67,340 |
1,431,648 |
New
Relic, Inc. * |
28,145 |
1,667,310 |
Nutanix,
Inc., Class A * |
110,328 |
3,022,987 |
Paycor
HCM, Inc. * |
23,230 |
707,818 |
Pegasystems,
Inc. |
20,156 |
750,005 |
Qualtrics
International, Inc., Class A * |
52,723 |
631,094 |
Qualys,
Inc. * |
17,173 |
2,448,183 |
Rapid7,
Inc. * |
28,874 |
1,307,126 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
133
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— continued | ||
SentinelOne,
Inc., Class A * |
98,237 |
2,243,733 |
Smartsheet,
Inc., Class A * |
63,675 |
2,223,531 |
Sprout
Social, Inc., Class A * |
23,060 |
1,391,210 |
SPS
Commerce, Inc. * |
17,715 |
2,241,302 |
Tenable
Holdings, Inc. * |
54,917 |
2,231,827 |
Teradata
Corp. * |
50,566 |
1,597,380 |
Varonis
Systems, Inc. * |
54,054 |
1,447,026 |
Verint
Systems, Inc. * |
31,814 |
1,127,170 |
Workiva,
Inc. * |
22,405 |
1,743,333 |
Zendesk,
Inc. * |
60,732 |
4,657,537 |
|
|
83,339,216 |
Specialty
Retail — 2.9% | ||
American
Eagle Outfitters, Inc. |
77,495 |
880,343 |
AutoNation,
Inc. * |
19,001 |
2,019,996 |
Carvana
Co. *
(a) |
48,921 |
661,901 |
Dick's
Sporting Goods, Inc. |
27,992 |
3,184,370 |
Five
Below, Inc. * |
27,295 |
3,994,623 |
Floor
& Decor Holdings, Inc., Class A * |
52,159 |
3,826,906 |
Foot
Locker, Inc. |
39,515 |
1,252,625 |
GameStop
Corp., Class A *
(a) |
124,325 |
3,519,641 |
Gap,
Inc. (The) |
104,980 |
1,183,125 |
Leslie's,
Inc. * |
72,924 |
1,023,853 |
Lithia
Motors, Inc., Class A |
13,540 |
2,682,951 |
Murphy
USA, Inc. |
10,568 |
3,323,742 |
National
Vision Holdings, Inc. * |
38,804 |
1,437,300 |
Penske
Automotive Group, Inc. |
12,775 |
1,425,945 |
Petco
Health & Wellness Co., Inc. *
(a) |
39,189 |
412,660 |
RH * |
9,834 |
2,497,148 |
Urban
Outfitters, Inc. * |
29,628 |
706,924 |
Victoria's
Secret & Co. * |
40,866 |
1,536,562 |
Warby
Parker, Inc., Class A *
(a) |
30,623 |
491,499 |
Williams-Sonoma,
Inc. |
33,824 |
4,188,426 |
|
|
40,250,540 |
Technology
Hardware, Storage & Peripherals — 0.4% | ||
Pure
Storage, Inc., Class A * |
136,874 |
4,223,932 |
Xerox
Holdings Corp. |
55,097 |
806,069 |
|
|
5,030,001 |
Textiles,
Apparel & Luxury Goods — 1.5% | ||
Capri
Holdings Ltd. * |
67,897 |
3,101,535 |
Carter's,
Inc. |
19,182 |
1,301,882 |
Columbia
Sportswear Co. |
17,409 |
1,296,971 |
Crocs,
Inc. * |
30,325 |
2,145,494 |
Deckers
Outdoor Corp. * |
13,050 |
4,566,587 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Textiles,
Apparel & Luxury Goods — continued | ||
Hanesbrands,
Inc. |
171,642 |
1,170,598 |
PVH
Corp. |
32,938 |
1,690,378 |
Ralph
Lauren Corp. |
21,101 |
1,955,852 |
Skechers
U.S.A., Inc., Class A * |
66,347 |
2,284,327 |
Under
Armour, Inc., Class A * |
92,815 |
691,472 |
Under
Armour, Inc., Class C * |
98,183 |
644,080
|
|
|
20,849,176 |
Thrifts
& Mortgage Finance — 0.6% | ||
Essent
Group Ltd. |
52,975 |
2,096,751 |
MGIC
Investment Corp. |
149,260 |
2,037,399 |
New
York Community Bancorp, Inc. (a) |
229,295 |
2,134,736 |
Radian
Group, Inc. |
79,496 |
1,659,082 |
TFS
Financial Corp. |
23,463 |
329,655 |
|
|
8,257,623 |
Trading
Companies & Distributors — 1.2% | ||
Air
Lease Corp. |
50,729 |
1,790,226 |
Beacon
Roofing Supply, Inc. * |
24,940 |
1,405,369 |
Core
& Main, Inc., Class A * |
35,521 |
837,585 |
GATX
Corp. |
17,364 |
1,818,185 |
Herc
Holdings, Inc. |
12,509 |
1,471,184 |
MSC
Industrial Direct Co., Inc., Class A |
23,282 |
1,931,940 |
SiteOne
Landscape Supply, Inc. * |
22,152 |
2,566,752 |
Univar
Solutions, Inc. * |
82,045 |
2,090,507 |
WESCO
International, Inc. * |
21,990 |
3,029,562 |
|
|
16,941,310 |
Water
Utilities — 0.4% | ||
Essential
Utilities, Inc. |
117,307 |
5,187,315 |
Total
Common Stocks
(Cost
$1,463,806,734) |
|
1,381,884,271 |
Short-Term
Investments — 3.2% | ||
Investment
Companies — 0.5% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (b)
(c)
(Cost
$7,709,091) |
7,709,091 |
7,709,091 |
Investment
of Cash Collateral from Securities Loaned — 2.7% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (b)
(c) |
33,490,848 |
33,490,848 |
134
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Short-Term
Investments — continued | ||
Investment
of Cash Collateral from Securities Loaned —
continued | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (b)
(c) |
4,093,018 |
4,093,018 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$37,581,419) |
|
37,583,866 |
Total
Short-Term Investments
(Cost
$45,290,510) |
|
45,292,957 |
Total
Investments — 102.6%
(Cost
$1,509,097,244) |
|
1,427,177,228 |
Liabilities
in Excess of Other Assets —
(2.6)% |
|
(36,612,882) |
NET
ASSETS — 100.0% |
|
1,390,564,346 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$36,819,568. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
Midcap 400 E-Mini Index |
32 |
12/16/2022 |
USD |
7,809,280 |
499,942 |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
135
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.2% | ||
Aerospace
& Defense — 1.1% | ||
AAR
Corp. * |
12,571 |
557,147 |
Aerojet
Rocketdyne Holdings, Inc. * |
28,256 |
1,369,003 |
AeroVironment,
Inc. * |
9,340 |
854,610 |
Astra
Space, Inc. *
(a) |
54,120 |
34,117 |
Kaman
Corp. |
10,468 |
336,023 |
Kratos
Defense & Security Solutions, Inc. * |
47,066 |
521,491 |
Maxar
Technologies, Inc. |
27,732 |
619,533 |
Parsons
Corp. * |
12,384 |
580,562 |
Triumph
Group, Inc. * |
24,279 |
219,725 |
Virgin
Galactic Holdings, Inc. *
(a) |
84,113 |
388,602 |
|
|
5,480,813 |
Air
Freight & Logistics — 0.7% | ||
Air
Transport Services Group, Inc. * |
21,678 |
632,998 |
Atlas
Air Worldwide Holdings, Inc. * |
9,633 |
974,282 |
Forward
Air Corp. |
10,035 |
1,062,405 |
Hub
Group, Inc., Class A * |
12,701 |
985,597 |
|
|
3,655,282 |
Airlines
— 0.4% | ||
Hawaiian
Holdings, Inc. * |
19,203 |
277,099 |
SkyWest,
Inc. * |
18,904 |
334,223 |
Spirit
Airlines, Inc. |
40,677 |
894,894 |
Sun
Country Airlines Holdings, Inc. * |
12,170 |
198,128 |
Wheels
Up Experience, Inc. * |
63,898 |
113,099 |
|
|
1,817,443 |
Auto
Components — 1.0% | ||
American
Axle & Manufacturing Holdings, Inc. * |
42,807 |
414,800 |
Dorman
Products, Inc. * |
10,571 |
862,805 |
Gentherm,
Inc. * |
12,393 |
723,999 |
Holley,
Inc. *
(a) |
18,964 |
75,477 |
LCI
Industries |
9,502 |
1,008,257 |
Patrick
Industries, Inc. |
8,115 |
370,936 |
Solid
Power, Inc. * |
40,443 |
226,885 |
Standard
Motor Products, Inc. |
6,960 |
263,993 |
Tenneco,
Inc., Class A * |
30,687 |
604,534 |
XPEL,
Inc. *
(b) |
7,326 |
506,886 |
|
|
5,058,572 |
Automobiles
— 0.3% | ||
Canoo,
Inc. * |
57,057 |
78,168 |
Faraday
Future Intelligent Electric, Inc. *
(a) |
43,630 |
23,564 |
Fisker,
Inc. *
(a) |
54,706 |
445,854 |
Winnebago
Industries, Inc. |
11,868 |
708,401 |
|
|
1,255,987 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— 9.9% | ||
1st
Source Corp. |
6,359 |
369,839 |
Amerant
Bancorp, Inc. |
9,591 |
288,689 |
Ameris
Bancorp |
24,364 |
1,254,990 |
Atlantic
Union Bankshares Corp. |
27,916 |
964,219 |
BancFirst
Corp. |
6,494 |
622,255 |
Bancorp,
Inc. (The) * |
21,134 |
582,876 |
Banner
Corp. |
12,776 |
955,006 |
Berkshire
Hills Bancorp, Inc. |
17,110 |
500,468 |
Brookline
Bancorp, Inc. |
28,657 |
394,034 |
Cathay
General Bancorp |
27,813 |
1,268,273 |
Central
Pacific Financial Corp. |
10,232 |
209,961 |
City
Holding Co. |
5,550 |
559,717 |
Columbia
Banking System, Inc. |
29,391 |
983,717 |
Community
Bank System, Inc. |
20,078 |
1,253,470 |
Community
Trust Bancorp, Inc. |
5,687 |
268,938 |
Customers
Bancorp, Inc. * |
11,397 |
383,965 |
CVB
Financial Corp. |
49,110 |
1,410,439 |
Dime
Community Bancshares, Inc. |
12,114 |
418,296 |
Eagle
Bancorp, Inc. |
11,990 |
542,907 |
Eastern
Bankshares, Inc. |
60,648 |
1,162,622 |
Enterprise
Financial Services Corp. |
13,908 |
743,661 |
FB
Financial Corp. |
13,139 |
551,312 |
First
Bancorp |
13,336 |
594,386 |
First
BanCorp (Puerto Rico) |
70,251 |
1,109,263 |
First
Busey Corp. |
19,191 |
506,834 |
First
Commonwealth Financial Corp. |
34,895 |
500,394 |
First
Financial Bancorp |
35,455 |
924,312 |
First
Foundation, Inc. |
18,964 |
302,665 |
First
Interstate BancSystem, Inc., Class A |
33,932 |
1,547,639 |
First
Merchants Corp. |
22,230 |
998,127 |
Flushing
Financial Corp. |
10,643 |
209,667 |
Fulton
Financial Corp. |
62,543 |
1,140,159 |
German
American Bancorp, Inc. |
10,359 |
407,005 |
Heartland
Financial USA, Inc. |
14,115 |
696,152 |
Hilltop
Holdings, Inc. |
17,133 |
496,000 |
Hope
Bancorp, Inc. |
44,647 |
605,860 |
Independent
Bank Corp. |
17,152 |
1,492,396 |
Independent
Bank Group, Inc. |
13,233 |
834,870 |
International
Bancshares Corp. |
19,773 |
980,741 |
Lakeland
Financial Corp. |
9,473 |
782,943 |
Live
Oak Bancshares, Inc. |
12,297 |
399,284 |
National
Bank Holdings Corp., Class A |
11,240 |
492,537 |
NBT
Bancorp, Inc. |
16,008 |
758,619 |
Northwest
Bancshares, Inc. |
47,414 |
714,055 |
136
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Banks
— continued | ||
OFG
Bancorp (Puerto Rico) |
17,771 |
495,455 |
Origin
Bancorp, Inc. |
10,876 |
449,505 |
Pacific
Premier Bancorp, Inc. |
35,487 |
1,292,082 |
Park
National Corp. |
5,406 |
797,385 |
Pathward
Financial, Inc. |
10,858 |
456,362 |
Renasant
Corp. |
20,909 |
844,096 |
S&T
Bancorp, Inc. |
14,627 |
553,047 |
Sandy
Spring Bancorp, Inc. |
16,683 |
591,246 |
Seacoast
Banking Corp. of Florida |
22,948 |
709,093 |
Silvergate
Capital Corp., Class A * |
11,832 |
671,584 |
Simmons
First National Corp., Class A |
47,951 |
1,144,590 |
Southside
Bancshares, Inc. |
11,396 |
390,199 |
Stock
Yards Bancorp, Inc. |
10,928 |
854,460 |
Tompkins
Financial Corp. |
4,711 |
390,259 |
Towne
Bank |
24,730 |
814,606 |
Triumph
Bancorp, Inc. * |
8,595 |
442,643 |
Trustmark
Corp. |
22,870 |
836,356 |
United
Community Banks, Inc. |
39,634 |
1,525,909 |
Veritex
Holdings, Inc. |
20,173 |
637,063 |
Washington
Federal, Inc. |
24,410 |
944,667 |
Washington
Trust Bancorp, Inc. |
6,418 |
311,273 |
WesBanco,
Inc. |
22,313 |
902,338 |
Westamerica
BanCorp |
10,058 |
630,938 |
|
|
48,868,718 |
Beverages
— 0.3% | ||
Coca-Cola
Consolidated, Inc. |
1,721 |
838,144 |
Duckhorn
Portfolio, Inc. (The) * |
15,927 |
232,853 |
MGP
Ingredients, Inc. |
5,754 |
644,736 |
|
|
1,715,733 |
Biotechnology
— 6.3% | ||
Agios
Pharmaceuticals, Inc. * |
20,487 |
564,212 |
Alector,
Inc. * |
22,832 |
210,054 |
Allogene
Therapeutics, Inc. * |
33,855 |
348,706 |
Amicus
Therapeutics, Inc. * |
93,294 |
932,940 |
AnaptysBio,
Inc. * |
7,386 |
213,086 |
Arcus
Biosciences, Inc. * |
19,417 |
494,745 |
Arcutis
Biotherapeutics, Inc. * |
14,845 |
262,460 |
Atara
Biotherapeutics, Inc. * |
35,262 |
164,321 |
Avid
Bioservices, Inc. * |
23,109 |
391,466 |
Avidity
Biosciences, Inc. * |
19,481 |
278,189 |
BioCryst
Pharmaceuticals, Inc. * |
69,489 |
927,678 |
Bridgebio
Pharma, Inc. * |
39,887 |
416,021 |
CareDx,
Inc. * |
19,977 |
397,742 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Biotechnology
— continued | ||
Celldex
Therapeutics, Inc. * |
17,478 |
614,002 |
Coherus
Biosciences, Inc. * |
24,110 |
209,757 |
Cytokinetics,
Inc. * |
35,181 |
1,536,002 |
Deciphera
Pharmaceuticals, Inc. * |
18,228 |
295,658 |
Dynavax
Technologies Corp. *
(a) |
43,954 |
503,273 |
Eagle
Pharmaceuticals, Inc. * |
3,972 |
124,999 |
Editas
Medicine, Inc. * |
25,688 |
322,384 |
Emergent
BioSolutions, Inc. * |
16,585 |
345,963 |
Enanta
Pharmaceuticals, Inc. * |
7,280 |
328,401 |
EQRx,
Inc. * |
85,738 |
440,693 |
FibroGen,
Inc. * |
32,579 |
530,386 |
Gossamer
Bio, Inc. *
(a) |
28,789 |
319,558 |
GreenLight
Biosciences Holdings PBC *
(a) |
26,704 |
47,533 |
IGM
Biosciences, Inc. * |
3,248 |
64,960 |
ImmunityBio,
Inc. *
(a) |
38,893 |
213,912 |
Inhibrx,
Inc. * |
10,072 |
324,117 |
Insmed,
Inc. * |
49,896 |
864,199 |
Ironwood
Pharmaceuticals, Inc. * |
49,821 |
545,042 |
iTeos
Therapeutics, Inc. * |
9,172 |
178,671 |
IVERIC
bio, Inc. * |
41,480 |
992,202 |
Karuna
Therapeutics, Inc. * |
9,993 |
2,191,865 |
Keros
Therapeutics, Inc. * |
6,065 |
305,312 |
Krystal
Biotech, Inc. * |
8,055 |
616,207 |
Kura
Oncology, Inc. * |
22,996 |
356,898 |
Kymera
Therapeutics, Inc. * |
13,761 |
417,509 |
Ligand
Pharmaceuticals, Inc. * |
5,996 |
525,549 |
Madrigal
Pharmaceuticals, Inc. * |
4,536 |
321,240 |
Morphic
Holding, Inc. * |
11,074 |
310,183 |
Myovant
Sciences Ltd. * |
16,134 |
431,423 |
Myriad
Genetics, Inc. * |
30,133 |
624,958 |
Organogenesis
Holdings, Inc. * |
26,413 |
86,635 |
PMV
Pharmaceuticals, Inc. * |
12,103 |
148,988 |
Prothena
Corp. plc (Ireland) * |
13,150 |
807,936 |
PTC
Therapeutics, Inc. * |
26,736 |
1,011,156 |
REGENXBIO,
Inc. * |
14,056 |
332,706 |
Replimune
Group, Inc. * |
11,976 |
219,879 |
REVOLUTION
Medicines, Inc. * |
27,857 |
564,383 |
Rocket
Pharmaceuticals, Inc. * |
18,262 |
340,769 |
Roivant
Sciences Ltd. * |
39,420 |
202,619 |
Sage
Therapeutics, Inc. * |
19,318 |
727,516 |
Sana
Biotechnology, Inc. * |
32,700 |
189,660 |
Sangamo
Therapeutics, Inc. * |
48,558 |
213,170 |
SpringWorks
Therapeutics, Inc. * |
11,827 |
283,966 |
Stoke
Therapeutics, Inc. * |
8,396 |
124,681 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
137
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Biotechnology
— continued | ||
Tango
Therapeutics, Inc. * |
16,120 |
129,605 |
TG
Therapeutics, Inc. * |
51,573 |
300,155 |
Travere
Therapeutics, Inc. * |
20,556 |
445,654 |
Twist
Bioscience Corp. * |
21,063 |
691,498 |
Vaxcyte,
Inc. * |
22,211 |
968,622 |
Veracyte,
Inc. * |
26,749 |
537,922 |
Vericel
Corp. * |
17,632 |
473,948 |
Verve
Therapeutics, Inc. * |
15,232 |
574,246 |
Xencor,
Inc. * |
22,311 |
624,708 |
Zentalis
Pharmaceuticals, Inc. * |
16,396 |
411,376 |
|
|
30,916,274 |
Building
Products — 1.4% | ||
AAON,
Inc. |
15,693 |
1,012,042 |
American
Woodmark Corp. * |
6,201 |
281,215 |
Apogee
Enterprises, Inc. |
8,281 |
379,932 |
Gibraltar
Industries, Inc. * |
11,821 |
603,817 |
Griffon
Corp. |
17,700 |
568,878 |
Janus
International Group, Inc. * |
29,578 |
284,836 |
Masonite
International Corp. * |
8,322 |
595,273 |
Quanex
Building Products Corp. |
12,450 |
275,892 |
Resideo
Technologies, Inc. * |
54,442 |
1,285,920 |
Tecnoglass,
Inc. |
7,484 |
153,646 |
Zurn
Elkay Water Solutions Corp. |
54,467 |
1,279,430 |
|
|
6,720,881 |
Capital
Markets — 2.0% | ||
AssetMark
Financial Holdings, Inc. * |
7,992 |
165,514 |
B.
Riley Financial, Inc. (a) |
5,919 |
240,785 |
BGC
Partners, Inc., Class A |
122,349 |
484,502 |
Blucora,
Inc. * |
17,842 |
393,059 |
Brightsphere
Investment Group, Inc. |
12,076 |
227,270 |
Cohen
& Steers, Inc. |
9,283 |
558,465 |
Focus
Financial Partners, Inc., Class A * |
21,521 |
748,716 |
Freedom
Holding Corp. (Kazakhstan) * |
6,229 |
345,460 |
Hamilton
Lane, Inc., Class A |
13,100 |
783,642 |
Moelis
& Co., Class A |
23,945 |
1,016,705 |
Open
Lending Corp., Class A * |
39,152 |
280,720 |
Piper
Sandler Cos. |
5,123 |
655,590 |
PJT
Partners, Inc., Class A |
9,053 |
673,543 |
StepStone
Group, Inc., Class A |
17,895 |
528,260 |
StoneX
Group, Inc. * |
6,437 |
600,701 |
TPG,
Inc. |
19,100 |
587,325 |
Victory
Capital Holdings, Inc., Class A |
10,231 |
295,881 |
Virtu
Financial, Inc., Class A |
35,812 |
801,473 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Capital
Markets — continued | ||
Virtus
Investment Partners, Inc. |
2,555 |
438,157 |
WisdomTree
Investments, Inc. |
41,632 |
226,062 |
|
|
10,051,830 |
Chemicals
— 2.1% | ||
AdvanSix,
Inc. |
10,467 |
380,790 |
Amyris,
Inc. *
(a) |
85,280 |
239,637 |
Aspen
Aerogels, Inc. * |
11,184 |
141,813 |
Ecovyst,
Inc. * |
26,061 |
259,307 |
HB
Fuller Co. |
19,868 |
1,384,998 |
Innospec,
Inc. |
9,266 |
926,507 |
Kronos
Worldwide, Inc. |
8,200 |
77,900 |
Livent
Corp. * |
66,985 |
2,114,716 |
LSB
Industries, Inc. * |
14,305 |
252,197 |
Mativ
Holdings, Inc. |
20,431 |
485,032 |
Minerals
Technologies, Inc. |
12,182 |
670,132 |
Perimeter
Solutions SA * |
57,132 |
456,485 |
PureCycle
Technologies, Inc. *
(a) |
49,496 |
409,332 |
Quaker
Chemical Corp. |
5,092 |
828,163 |
Stepan
Co. |
7,919 |
827,060 |
Trinseo
plc |
13,069 |
245,959 |
Tronox
Holdings plc, Class A |
42,707 |
512,484 |
|
|
10,212,512 |
Commercial
Services & Supplies — 2.2% | ||
ABM
Industries, Inc. |
24,959 |
1,110,925 |
ACCO
Brands Corp. |
35,225 |
162,035 |
ACV
Auctions, Inc., Class A * |
43,050 |
392,616 |
Aurora
Innovation, Inc. *
(a) |
135,302 |
278,722 |
Brady
Corp., Class A |
17,446 |
798,154 |
BrightView
Holdings, Inc. * |
14,248 |
127,092 |
Casella
Waste Systems, Inc., Class A * |
18,942 |
1,549,645 |
Cimpress
plc (Ireland) * |
7,324 |
170,503 |
CoreCivic,
Inc., REIT * |
43,953 |
460,188 |
Deluxe
Corp. |
16,099 |
295,900 |
GEO
Group, Inc. (The), REIT *
(a) |
46,373 |
392,316 |
Harsco
Corp. * |
29,684 |
157,028 |
Healthcare
Services Group, Inc. |
27,673 |
386,315 |
HNI
Corp. |
15,448 |
447,838 |
Interface,
Inc. |
21,961 |
248,379 |
KAR
Auction Services, Inc. * |
43,288 |
628,975 |
Matthews
International Corp., Class A |
11,439 |
307,480 |
MillerKnoll,
Inc. |
28,342 |
600,284 |
Montrose
Environmental Group, Inc. * |
10,204 |
446,731 |
Pitney
Bowes, Inc. |
60,430 |
187,937 |
138
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Commercial
Services & Supplies — continued | ||
SP
Plus Corp. * |
8,698 |
322,087 |
Steelcase,
Inc., Class A |
34,479 |
267,902 |
UniFirst
Corp. |
5,642 |
1,038,184 |
|
|
10,777,236 |
Communications
Equipment — 1.1% | ||
ADTRAN
Holdings, Inc. |
26,329 |
591,349 |
Calix,
Inc. * |
21,213 |
1,562,125 |
CommScope
Holding Co., Inc. * |
77,803 |
1,030,112 |
Extreme
Networks, Inc. * |
48,304 |
866,574 |
Infinera
Corp. * |
70,531 |
395,679 |
NETGEAR,
Inc. * |
10,739 |
211,021 |
NetScout
Systems, Inc. * |
25,378 |
911,578 |
|
|
5,568,438 |
Construction
& Engineering — 1.8% | ||
Ameresco,
Inc., Class A * |
12,644 |
764,709 |
Arcosa,
Inc. |
18,072 |
1,160,222 |
Comfort
Systems USA, Inc. |
13,370 |
1,648,254 |
Dycom
Industries, Inc. * |
11,042 |
1,304,944 |
Fluor
Corp. * |
53,098 |
1,606,746 |
Granite
Construction, Inc. |
16,473 |
555,634 |
MYR
Group, Inc. * |
6,224 |
544,662 |
NV5
Global, Inc. * |
4,649 |
673,873 |
Primoris
Services Corp. |
19,886 |
401,498 |
|
|
8,660,542 |
Construction
Materials — 0.2% | ||
Summit
Materials, Inc., Class A * |
44,209 |
1,164,907 |
Consumer
Finance — 0.8% | ||
Atlanticus
Holdings Corp. * |
1,786 |
51,008 |
Encore
Capital Group, Inc. * |
8,926 |
454,512 |
Enova
International, Inc. * |
11,962 |
448,455 |
Green
Dot Corp., Class A * |
17,876 |
340,180 |
LendingClub
Corp. * |
38,736 |
412,151 |
LendingTree,
Inc. * |
4,061 |
102,459 |
Navient
Corp. |
41,355 |
626,115 |
Nelnet,
Inc., Class A |
6,746 |
601,001 |
PRA
Group, Inc. * |
14,565 |
487,928 |
PROG
Holdings, Inc. * |
18,860 |
311,567 |
World
Acceptance Corp. * |
1,363 |
110,703 |
|
|
3,946,079 |
Containers
& Packaging — 0.5% | ||
Greif,
Inc., Class A |
9,949 |
658,723 |
Myers
Industries, Inc. |
13,630 |
276,553 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Containers
& Packaging — continued | ||
O-I
Glass, Inc. * |
58,193 |
949,128 |
Pactiv
Evergreen, Inc. |
14,611 |
159,406 |
Ranpak
Holdings Corp. * |
14,772 |
56,133 |
TriMas
Corp. |
15,695 |
358,631 |
|
|
2,458,574 |
Diversified
Consumer Services — 0.9% | ||
2U,
Inc. * |
28,957 |
179,244 |
Adtalem
Global Education, Inc. * |
16,894 |
704,480 |
Duolingo,
Inc. * |
9,268 |
758,493 |
European
Wax Center, Inc., Class A |
9,448 |
135,862 |
Laureate
Education, Inc., Class A |
41,229 |
521,135 |
OneSpaWorld
Holdings Ltd. (Bahamas) * |
22,061 |
200,093 |
Rover
Group, Inc. * |
36,202 |
158,927 |
Strategic
Education, Inc. |
8,378 |
578,082 |
Stride,
Inc. * |
15,185 |
508,850 |
Udemy,
Inc. * |
24,204 |
352,168 |
Vivint
Smart Home, Inc. * |
16,697 |
127,732 |
WW
International, Inc. * |
19,989 |
90,350 |
|
|
4,315,416 |
Diversified
Financial Services — 0.4% | ||
Cannae
Holdings, Inc. * |
27,853 |
645,075 |
Compass
Diversified Holdings |
23,053 |
490,568 |
Jackson
Financial, Inc., Class A |
22,516 |
863,714 |
|
|
1,999,357 |
Diversified
Telecommunication Services — 0.4% | ||
Cogent
Communications Holdings, Inc. |
15,943 |
837,167 |
EchoStar
Corp., Class A * |
13,262 |
250,254 |
Globalstar,
Inc. * |
262,486 |
569,594 |
Liberty
Latin America Ltd., Class A (Chile) * |
14,092 |
109,636 |
Liberty
Latin America Ltd., Class C (Chile) * |
55,609 |
433,194 |
|
|
2,199,845 |
Electric
Utilities — 0.4% | ||
MGE
Energy, Inc. |
13,513 |
920,100 |
Otter
Tail Corp. |
15,558 |
1,048,921 |
|
|
1,969,021 |
Electrical
Equipment — 1.4% | ||
Array
Technologies, Inc. * |
52,244 |
945,616 |
AZZ,
Inc. |
9,265 |
372,453 |
Blink
Charging Co. *
(a) |
15,200 |
224,960 |
Encore
Wire Corp. |
7,149 |
983,631 |
Energy
Vault Holdings, Inc. *
(a) |
25,093 |
80,799 |
Enovix
Corp. * |
40,985 |
773,387 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
139
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Electrical
Equipment — continued | ||
ESS
Tech, Inc. * |
20,560 |
86,969 |
FREYR
Battery SA (Norway) *
(a) |
30,092 |
400,525 |
FuelCell
Energy, Inc. *
(a) |
144,480 |
450,778 |
SES
AI Corp. * |
53,464 |
321,319 |
Shoals
Technologies Group, Inc., Class A * |
39,485 |
912,498 |
Stem,
Inc. * |
54,179 |
736,834 |
Tritium
DCFC Ltd. (Australia) * |
42,496 |
86,692 |
Vicor
Corp. * |
8,310 |
396,969 |
|
|
6,773,430 |
Electronic
Equipment, Instruments & Components — 3.0% | ||
908
Devices, Inc. * |
8,144 |
130,223 |
Advanced
Energy Industries, Inc. |
13,963 |
1,098,190 |
Aeva
Technologies, Inc. * |
39,069 |
78,138 |
Badger
Meter, Inc. |
10,937 |
1,230,194 |
Benchmark
Electronics, Inc. |
13,138 |
372,988 |
CTS
Corp. |
11,909 |
470,644 |
ePlus,
Inc. * |
10,051 |
489,685 |
Fabrinet
(Thailand) * |
13,747 |
1,572,657 |
FARO
Technologies, Inc. * |
6,831 |
199,533 |
Insight
Enterprises, Inc. * |
11,408 |
1,078,170 |
Itron,
Inc. * |
16,870 |
824,774 |
Knowles
Corp. * |
34,248 |
470,910 |
Lightwave
Logic, Inc. *
(a) |
41,888 |
354,791 |
Methode
Electronics, Inc. |
13,734 |
566,253 |
MicroVision,
Inc. *
(a) |
61,860 |
226,408 |
Mirion
Technologies, Inc. * |
45,608 |
368,513 |
OSI
Systems, Inc. * |
5,922 |
486,670 |
Ouster,
Inc. * |
36,670 |
45,837 |
PAR
Technology Corp. * |
10,189 |
293,239 |
PC
Connection, Inc. |
4,223 |
224,410 |
Plexus
Corp. * |
10,358 |
1,019,227 |
Sanmina
Corp. * |
21,603 |
1,210,848 |
ScanSource,
Inc. * |
9,429 |
292,110 |
SmartRent,
Inc. *
(a) |
45,817 |
125,997 |
TTM
Technologies, Inc. * |
38,188 |
584,658 |
Vishay
Intertechnology, Inc. |
48,836 |
1,021,161 |
|
|
14,836,228 |
Energy
Equipment & Services — 2.6% | ||
Archrock,
Inc. |
50,015 |
375,613 |
Cactus,
Inc., Class A |
22,654 |
1,171,665 |
Core
Laboratories NV |
17,313 |
336,911 |
Dril-Quip,
Inc. * |
12,844 |
319,559 |
Liberty
Energy, Inc., Class A * |
59,356 |
1,003,710 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Energy
Equipment & Services — continued | ||
Nabors
Industries Ltd. * |
3,343 |
581,782 |
NexTier
Oilfield Solutions, Inc. * |
59,305 |
597,794 |
Noble
Corp. plc * |
37,550 |
1,353,302 |
Oceaneering
International, Inc. * |
37,466 |
524,149 |
Patterson-UTI
Energy, Inc. |
81,028 |
1,430,144 |
ProPetro
Holding Corp. * |
32,753 |
387,796 |
RPC,
Inc. |
31,096 |
346,098 |
Tidewater,
Inc. * |
17,280 |
585,792 |
Transocean
Ltd. * |
242,629 |
892,875 |
US
Silica Holdings, Inc. * |
28,236 |
406,316 |
Valaris
Ltd. * |
22,475 |
1,504,252 |
Weatherford
International plc * |
23,989 |
999,861 |
|
|
12,817,619 |
Entertainment
— 0.6% | ||
Cinemark
Holdings, Inc. * |
40,099 |
425,450 |
IMAX
Corp. * |
17,399 |
221,489 |
Liberty
Media Corp.-Liberty Braves, Class A * |
3,856 |
122,968 |
Liberty
Media Corp.-Liberty Braves, Class C * |
13,823 |
430,725 |
Madison
Square Garden Entertainment Corp. * |
9,709 |
476,032 |
Skillz,
Inc. *
(a) |
111,320 |
114,660 |
World
Wrestling Entertainment, Inc., Class A |
16,163 |
1,275,099 |
|
|
3,066,423 |
Equity
Real Estate Investment Trusts (REITs) — 4.7% | ||
Acadia
Realty Trust |
35,477 |
495,614 |
Alexander
& Baldwin, Inc. |
27,168 |
529,233 |
Alexander's,
Inc. |
801 |
188,147 |
American
Assets Trust, Inc. |
19,454 |
534,596 |
Apartment
Investment and Management Co.,
Class
A |
56,859 |
451,460 |
Brandywine
Realty Trust |
64,116 |
420,601 |
CareTrust
REIT, Inc. |
36,260 |
677,337 |
CBL
& Associates Properties, Inc. |
9,153 |
262,966 |
Centerspace |
5,745 |
398,128 |
Corporate
Office Properties Trust |
42,013 |
1,119,646 |
DiamondRock
Hospitality Co. |
78,824 |
736,216 |
Diversified
Healthcare Trust |
89,362 |
121,532 |
Easterly
Government Properties, Inc. |
33,940 |
590,217 |
Elme
Communities |
32,662 |
623,518 |
Empire
State Realty Trust, Inc., Class A |
49,835 |
367,284 |
Essential
Properties Realty Trust, Inc. |
52,776 |
1,135,740 |
Four
Corners Property Trust, Inc. |
30,442 |
779,924 |
Getty
Realty Corp. |
15,893 |
500,471 |
Gladstone
Land Corp. |
11,890 |
241,961 |
Global
Net Lease, Inc. |
38,749 |
474,675 |
140
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Equity
Real Estate Investment Trusts (REITs) — continued | ||
Industrial
Logistics Properties Trust |
24,448 |
114,417 |
InvenTrust
Properties Corp. |
25,200 |
635,040 |
iStar,
Inc. |
31,905 |
334,364 |
LTC
Properties, Inc. |
15,138 |
585,386 |
LXP
Industrial Trust |
104,598 |
1,012,509 |
Macerich
Co. (The) |
80,264 |
893,338 |
Necessity
Retail REIT, Inc. (The) |
49,805 |
340,666 |
NexPoint
Residential Trust, Inc. |
8,532 |
389,059 |
Office
Properties Income Trust |
18,108 |
277,052 |
Paramount
Group, Inc. |
63,160 |
408,645 |
Physicians
Realty Trust |
84,579 |
1,273,760 |
PotlatchDeltic
Corp. |
30,119 |
1,339,994 |
Retail
Opportunity Investments Corp. |
46,544 |
673,957 |
RPT
Realty |
31,830 |
296,019 |
Safehold,
Inc. |
6,507 |
190,330 |
Saul
Centers, Inc. |
4,818 |
197,297 |
Service
Properties Trust |
61,711 |
500,476 |
Summit
Hotel Properties, Inc. |
39,947 |
345,142 |
Tanger
Factory Outlet Centers, Inc. |
39,005 |
702,480 |
Universal
Health Realty Income Trust |
4,744 |
230,890 |
Urban
Edge Properties |
43,888 |
619,699 |
Urstadt
Biddle Properties, Inc., Class A |
11,271 |
211,219 |
Veris
Residential, Inc. * |
29,613 |
468,774 |
Xenia
Hotels & Resorts, Inc. |
42,734 |
729,897 |
|
|
23,419,676 |
Food
& Staples Retailing — 0.9% | ||
Andersons,
Inc. (The) |
11,895 |
419,537 |
Chefs'
Warehouse, Inc. (The) * |
12,725 |
466,117 |
Grocery
Outlet Holding Corp. * |
32,963 |
1,139,531 |
Ingles
Markets, Inc., Class A |
5,372 |
506,956 |
SpartanNash
Co. |
13,499 |
482,049 |
United
Natural Foods, Inc. * |
21,783 |
923,817 |
Weis
Markets, Inc. |
6,132 |
574,384 |
|
|
4,512,391 |
Food
Products — 1.5% | ||
B&G
Foods, Inc. (a) |
26,783 |
438,706 |
Benson
Hill, Inc. * |
47,652 |
161,540 |
Calavo
Growers, Inc. |
6,629 |
229,297 |
Cal-Maine
Foods, Inc. |
14,185 |
801,594 |
Fresh
Del Monte Produce, Inc. |
11,442 |
298,407 |
Hostess
Brands, Inc. * |
51,010 |
1,350,745 |
J
& J Snack Foods Corp. |
5,592 |
825,435 |
Mission
Produce, Inc. * |
15,052 |
250,465 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Food
Products — continued | ||
Simply
Good Foods Co. (The) * |
31,882 |
1,221,081 |
Sovos
Brands, Inc. * |
14,332 |
198,642 |
Tattooed
Chef, Inc. *
(a) |
17,563 |
83,424 |
Tootsie
Roll Industries, Inc. |
6,638 |
268,109 |
TreeHouse
Foods, Inc. * |
18,849 |
946,974 |
Utz
Brands, Inc. |
24,763 |
401,408 |
|
|
7,475,827 |
Gas
Utilities — 0.5% | ||
Chesapeake
Utilities Corp. |
6,628 |
824,391 |
Northwest
Natural Holding Co. |
13,012 |
625,747 |
South
Jersey Industries, Inc. |
27,941 |
968,714 |
|
|
2,418,852 |
Health
Care Equipment & Supplies — 3.0% | ||
AtriCure,
Inc. * |
17,350 |
730,782 |
Atrion
Corp. |
506 |
303,757 |
Avanos
Medical, Inc. * |
17,372 |
384,790 |
Axonics,
Inc. * |
18,361 |
1,342,924 |
BioLife
Solutions, Inc. * |
12,737 |
299,574 |
Butterfly
Network, Inc. *
(a) |
53,695 |
263,106 |
Cardiovascular
Systems, Inc. * |
15,241 |
220,080 |
CONMED
Corp. |
11,383 |
907,567 |
Embecta
Corp. |
21,601 |
667,903 |
Establishment
Labs Holdings, Inc. (Costa
Rica) * |
8,254 |
465,443 |
Glaukos
Corp. * |
17,787 |
997,317 |
Heska
Corp. * |
3,799 |
272,616 |
Inogen,
Inc. * |
8,547 |
193,675 |
Integer
Holdings Corp. * |
12,377 |
771,458 |
iRhythm
Technologies, Inc. * |
11,221 |
1,430,565 |
Meridian
Bioscience, Inc. * |
16,348 |
522,646 |
Merit
Medical Systems, Inc. * |
21,215 |
1,458,956 |
Mesa
Laboratories, Inc. |
1,867 |
246,836 |
Neogen
Corp. * |
80,760 |
1,066,032 |
Outset
Medical, Inc. * |
17,942 |
278,819 |
PROCEPT
BioRobotics Corp. *
(a) |
12,166 |
552,701 |
Pulmonx
Corp. * |
13,925 |
186,038 |
Senseonics
Holdings, Inc. *
(a) |
173,938 |
205,247 |
Silk
Road Medical, Inc. * |
13,168 |
580,445 |
Treace
Medical Concepts, Inc. *
(a) |
11,803 |
288,937 |
Varex
Imaging Corp. * |
14,910 |
329,660 |
|
|
14,967,874 |
Health
Care Providers & Services — 2.0% | ||
1Life
Healthcare, Inc. * |
62,728 |
1,072,649 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
141
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Providers & Services — continued | ||
23andMe
Holding Co. * |
97,076 |
304,819 |
AdaptHealth
Corp. * |
28,650 |
653,220 |
Addus
HomeCare Corp. * |
6,011 |
615,647 |
Agiliti,
Inc. * |
12,443 |
217,379 |
Alignment
Healthcare, Inc. * |
30,791 |
407,673 |
Brookdale
Senior Living, Inc. * |
69,803 |
312,019 |
Cano
Health, Inc. * |
65,003 |
232,711 |
Castle
Biosciences, Inc. * |
9,236 |
235,703 |
Clover
Health Investments Corp. * |
121,737 |
192,345 |
Community
Health Systems, Inc. * |
46,818 |
134,368 |
CorVel
Corp. * |
3,445 |
565,703 |
Fulgent
Genetics, Inc. * |
7,578 |
300,316 |
Hims
& Hers Health, Inc. * |
45,308 |
205,698 |
Invitae
Corp. *
(a) |
82,644 |
213,222 |
ModivCare,
Inc. * |
4,726 |
459,556 |
National
HealthCare Corp. |
5,093 |
310,266 |
National
Research Corp. |
5,277 |
214,932 |
OPKO
Health, Inc. * |
152,896 |
290,502 |
Owens
& Minor, Inc. |
28,495 |
484,415 |
Pediatrix
Medical Group, Inc. * |
31,523 |
611,546 |
RadNet,
Inc. * |
18,203 |
348,041 |
Select
Medical Holdings Corp. |
38,587 |
990,914 |
Sema4
Holdings Corp. * |
100,094 |
103,097 |
US
Physical Therapy, Inc. |
4,858 |
431,390 |
|
|
9,908,131 |
Health
Care Technology — 0.8% | ||
Allscripts
Healthcare Solutions, Inc. * |
41,402 |
608,609 |
American
Well Corp., Class A * |
89,920 |
367,773 |
Evolent
Health, Inc., Class A * |
31,174 |
991,645 |
GoodRx
Holdings, Inc., Class A * |
28,699 |
154,114 |
Health
Catalyst, Inc. * |
20,448 |
180,351 |
HealthStream,
Inc. * |
9,025 |
222,917 |
NextGen
Healthcare, Inc. * |
20,590 |
412,624 |
Phreesia,
Inc. * |
19,524 |
533,396 |
Schrodinger,
Inc. * |
19,935 |
477,842 |
Sharecare,
Inc. * |
118,521 |
227,560 |
|
|
4,176,831 |
Hotels,
Restaurants & Leisure — 2.1% | ||
Bally's
Corp. * |
10,384 |
234,055 |
BJ's
Restaurants, Inc. * |
8,764 |
287,897 |
Bloomin'
Brands, Inc. |
33,370 |
801,214 |
Bowlero
Corp. * |
12,882 |
187,562 |
Brinker
International, Inc. * |
16,383 |
547,028 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hotels,
Restaurants & Leisure — continued | ||
Cheesecake
Factory, Inc. (The) |
18,151 |
649,987 |
Dave
& Buster's Entertainment, Inc. * |
15,910 |
634,014 |
Denny's
Corp. * |
21,650 |
245,295 |
Dine
Brands Global, Inc. |
5,859 |
422,375 |
Dutch
Bros, Inc., Class A * |
9,607 |
354,594 |
Everi
Holdings, Inc. * |
33,578 |
637,310 |
F45
Training Holdings, Inc. * |
13,505 |
45,107 |
Golden
Entertainment, Inc. * |
8,204 |
346,373 |
Jack
in the Box, Inc. |
7,870 |
694,370 |
Krispy
Kreme, Inc. (a) |
25,008 |
358,865 |
Monarch
Casino & Resort, Inc. * |
4,942 |
392,444 |
Papa
John's International, Inc. |
12,020 |
873,013 |
Portillo's,
Inc., Class A * |
10,742 |
230,309 |
Red
Rock Resorts, Inc., Class A |
18,564 |
773,191 |
Shake
Shack, Inc., Class A * |
13,941 |
774,701 |
Sonder
Holdings, Inc. * |
52,823 |
115,682 |
Sweetgreen,
Inc., Class A *
(a) |
27,820 |
517,452 |
Vacasa,
Inc., Class A * |
30,506 |
111,347 |
|
|
10,234,185 |
Household
Durables — 2.2% | ||
Cavco
Industries, Inc. * |
3,089 |
700,184 |
Century
Communities, Inc. |
10,735 |
477,815 |
GoPro,
Inc., Class A * |
48,388 |
263,715 |
Installed
Building Products, Inc. |
8,808 |
757,488 |
iRobot
Corp. *
(a) |
10,176 |
574,944 |
KB
Home |
31,571 |
909,876 |
La-Z-Boy,
Inc. |
16,217 |
401,695 |
LGI
Homes, Inc. * |
7,653 |
704,459 |
M/I
Homes, Inc. * |
10,376 |
430,500 |
MDC
Holdings, Inc. |
21,274 |
648,006 |
Meritage
Homes Corp. * |
13,666 |
1,040,803 |
Skyline
Champion Corp. * |
19,773 |
1,150,986 |
Snap
One Holdings Corp. * |
6,520 |
77,718 |
Sonos,
Inc. * |
47,553 |
766,554 |
Taylor
Morrison Home Corp. * |
42,474 |
1,118,765 |
Tri
Pointe Homes, Inc. * |
37,983 |
636,215 |
Tupperware
Brands Corp. * |
14,456 |
111,745 |
Vizio
Holding Corp., Class A * |
20,915 |
234,248 |
|
|
11,005,716 |
Household
Products — 0.3% | ||
Central
Garden & Pet Co. * |
3,636 |
150,058 |
142
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Household
Products — continued | ||
Central
Garden & Pet Co., Class A * |
15,491 |
606,318 |
WD-40
Co. |
5,092 |
815,534 |
|
|
1,571,910 |
Independent
Power and Renewable Electricity Producers — 0.3% | ||
Altus
Power, Inc. * |
13,205 |
131,522 |
Clearway
Energy, Inc. |
12,931 |
418,059 |
Clearway
Energy, Inc., Class C |
30,718 |
1,067,143 |
|
|
1,616,724 |
Insurance
— 1.8% | ||
American
Equity Investment Life Holding Co. |
26,527 |
1,142,783 |
AMERISAFE,
Inc. |
7,207 |
420,961 |
Argo
Group International Holdings Ltd. |
13,087 |
325,474 |
BRP
Group, Inc., Class A * |
22,513 |
638,244 |
Employers
Holdings, Inc. |
10,203 |
444,953 |
Genworth
Financial, Inc., Class A * |
188,241 |
879,085 |
Goosehead
Insurance, Inc., Class A * |
7,671 |
318,423 |
Hagerty,
Inc., Class A * |
11,707 |
106,417 |
Hippo
Holdings, Inc. * |
5,648 |
97,597 |
Horace
Mann Educators Corp. |
15,283 |
603,067 |
James
River Group Holdings Ltd. |
13,997 |
353,704 |
Lemonade,
Inc. *
(a) |
16,747 |
405,277 |
Oscar
Health, Inc., Class A * |
40,755 |
152,016 |
Palomar
Holdings, Inc. * |
9,434 |
839,249 |
ProAssurance
Corp. |
20,167 |
447,909 |
Safety
Insurance Group, Inc. |
5,508 |
478,921 |
SiriusPoint
Ltd. (Bermuda) * |
31,750 |
203,835 |
Stewart
Information Services Corp. |
10,131 |
394,704 |
Trupanion,
Inc. *
(a) |
13,095 |
660,905 |
|
|
8,913,524 |
Interactive
Media & Services — 0.4% | ||
Cars.com,
Inc. * |
23,585 |
327,360 |
Eventbrite,
Inc., Class A * |
30,122 |
197,901 |
fuboTV,
Inc. *
(a) |
69,245 |
253,437 |
MediaAlpha,
Inc., Class A * |
8,499 |
93,319 |
Shutterstock,
Inc. |
9,006 |
450,570 |
System1,
Inc. * |
7,784 |
40,321 |
Vimeo,
Inc. * |
58,665 |
222,927 |
ZipRecruiter,
Inc., Class A * |
21,252 |
356,396 |
|
|
1,942,231 |
Internet
& Direct Marketing Retail — 0.4% | ||
BARK,
Inc. * |
38,867 |
71,127 |
Boxed,
Inc. * |
21,402 |
10,699 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Internet
& Direct Marketing Retail — continued | ||
ContextLogic,
Inc., Class A * |
188,897 |
147,906 |
Overstock.com,
Inc. * |
17,076 |
397,017 |
Qurate
Retail, Inc. |
127,096 |
297,405 |
Revolve
Group, Inc. * |
15,220 |
365,280 |
Stitch
Fix, Inc., Class A * |
27,218 |
108,872 |
Vivid
Seats, Inc., Class A * |
8,893 |
72,922 |
Xometry,
Inc., Class A * |
10,997 |
660,480 |
|
|
2,131,708 |
IT
Services — 2.7% | ||
AvidXchange
Holdings, Inc. * |
49,600 |
451,360 |
BigCommerce
Holdings, Inc. * |
22,760 |
338,214 |
Conduent,
Inc. * |
62,094 |
255,827 |
Core
Scientific, Inc. *
(a) |
96,388 |
19,278 |
CSG
Systems International, Inc. |
11,989 |
775,329 |
Cyxtera
Technologies, Inc. * |
20,686 |
50,060 |
EVERTEC,
Inc. (Puerto Rico) |
24,655 |
882,896 |
Fastly,
Inc., Class A * |
41,558 |
352,827 |
Grid
Dynamics Holdings, Inc. * |
17,605 |
239,604 |
Kyndryl
Holdings, Inc. * |
76,270 |
737,531 |
Marqeta,
Inc., Class A * |
149,899 |
1,181,204 |
Paya
Holdings, Inc. * |
32,575 |
261,903 |
Payoneer
Global, Inc. * |
73,796 |
571,919 |
Perficient,
Inc. * |
12,932 |
866,056 |
Repay
Holdings Corp. * |
28,250 |
172,042 |
Sabre
Corp. * |
122,646 |
712,573 |
Shift4
Payments, Inc., Class A * |
19,094 |
877,751 |
Squarespace,
Inc., Class A * |
15,684 |
348,342 |
TaskUS,
Inc., Class A (Philippines) * |
9,891 |
199,699 |
Toast,
Inc., Class A * |
112,536 |
2,485,920 |
TTEC
Holdings, Inc. |
7,055 |
313,736 |
Unisys
Corp. * |
25,332 |
215,322 |
Verra
Mobility Corp. * |
53,238 |
908,773 |
|
|
13,218,166 |
Leisure
Products — 0.5% | ||
Acushnet
Holdings Corp. |
12,234 |
569,738 |
Latham
Group, Inc. * |
15,755 |
69,637 |
Malibu
Boats, Inc., Class A * |
7,661 |
405,267 |
Smith
& Wesson Brands, Inc. |
17,101 |
193,070 |
Sturm
Ruger & Co., Inc. |
6,602 |
370,570 |
Vista
Outdoor, Inc. * |
21,124 |
613,441 |
|
|
2,221,723 |
Life
Sciences Tools & Services — 0.7% | ||
AbCellera
Biologics, Inc. (Canada) * |
77,788 |
920,232 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
143
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Life
Sciences Tools & Services — continued | ||
Adaptive
Biotechnologies Corp. * |
41,114 |
319,867 |
Codexis,
Inc. * |
24,477 |
137,561 |
CryoPort,
Inc. * |
18,121 |
503,039 |
NanoString
Technologies, Inc. * |
15,984 |
167,192 |
NeoGenomics,
Inc. * |
47,011 |
357,519 |
Pacific
Biosciences of California, Inc. * |
77,300 |
652,412 |
Quanterix
Corp. * |
12,853 |
142,283 |
SomaLogic,
Inc. * |
55,860 |
193,834 |
|
|
3,393,939 |
Machinery
— 4.3% | ||
3D
Systems Corp. * |
48,685 |
429,889 |
Alamo
Group, Inc. |
3,847 |
585,052 |
Albany
International Corp., Class A |
11,622 |
1,064,808 |
Altra
Industrial Motion Corp. |
24,315 |
1,462,304 |
Astec
Industries, Inc. |
8,546 |
373,033 |
Barnes
Group, Inc. |
18,878 |
667,715 |
Desktop
Metal, Inc., Class A *
(a) |
87,268 |
220,788 |
Enerpac
Tool Group Corp. |
21,728 |
552,108 |
EnPro
Industries, Inc. |
7,772 |
827,718 |
ESCO
Technologies, Inc. |
9,663 |
832,661 |
Federal
Signal Corp. |
22,658 |
1,056,996 |
Franklin
Electric Co., Inc. |
14,531 |
1,190,670 |
Gorman-Rupp
Co. (The) |
8,482 |
230,201 |
Greenbrier
Cos., Inc. (The) |
12,180 |
430,076 |
Helios
Technologies, Inc. |
12,163 |
689,520 |
Hillenbrand,
Inc. |
25,958 |
1,146,824 |
Hillman
Solutions Corp. * |
45,039 |
351,755 |
Hyzon
Motors, Inc. *
(a) |
32,426 |
61,934 |
John
Bean Technologies Corp. |
11,907 |
1,085,918 |
Kadant,
Inc. |
4,357 |
775,328 |
Lindsay
Corp. |
4,102 |
694,469 |
Markforged
Holding Corp. * |
33,104 |
72,167 |
Microvast
Holdings, Inc. * |
70,099 |
171,743 |
Mueller
Industries, Inc. |
21,181 |
1,326,778 |
Mueller
Water Products, Inc., Class A |
58,544 |
684,965 |
Omega
Flex, Inc. |
1,131 |
106,766 |
Proterra,
Inc. * |
72,345 |
451,433 |
Proto
Labs, Inc. * |
10,276 |
392,440 |
SPX
Technologies, Inc. * |
16,898 |
1,112,564 |
Standex
International Corp. |
4,470 |
442,753 |
Tennant
Co. |
6,946 |
404,604 |
Terex
Corp. |
25,337 |
1,027,162 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Machinery
— continued | ||
Velo3D,
Inc. *
(a) |
22,804 |
89,848 |
Wabash
National Corp. |
18,143 |
392,796 |
|
|
21,405,786 |
Marine
— 0.2% | ||
Matson,
Inc. |
14,566 |
1,071,766 |
Media
— 0.8% | ||
Advantage
Solutions, Inc. * |
34,516 |
116,664 |
AMC
Networks, Inc., Class A * |
10,455 |
235,342 |
Cardlytics,
Inc. * |
12,293 |
115,923 |
Clear
Channel Outdoor Holdings, Inc. * |
177,938 |
254,451 |
EW
Scripps Co. (The), Class A * |
21,639 |
307,057 |
Gray
Television, Inc. |
31,958 |
452,206 |
iHeartMedia,
Inc., Class A * |
39,064 |
323,450 |
Magnite,
Inc. * |
43,719 |
318,712 |
Scholastic
Corp. |
11,293 |
430,715 |
Sinclair
Broadcast Group, Inc., Class A |
16,357 |
291,318 |
TechTarget,
Inc. * |
10,145 |
654,860 |
Thryv
Holdings, Inc. * |
11,455 |
234,369 |
WideOpenWest,
Inc. * |
19,342 |
265,179 |
|
|
4,000,246 |
Metals
& Mining — 1.7% | ||
Alpha
Metallurgical Resources, Inc. |
5,890 |
994,527 |
Arconic
Corp. * |
38,366 |
796,478 |
ATI,
Inc. * |
48,545 |
1,444,699 |
Carpenter
Technology Corp. |
18,043 |
674,808 |
Century
Aluminum Co. * |
19,120 |
137,855 |
Coeur
Mining, Inc. * |
104,962 |
396,757 |
Hecla
Mining Co. |
209,454 |
957,205 |
Kaiser
Aluminum Corp. |
5,955 |
481,105 |
Materion
Corp. |
7,669 |
657,310 |
Piedmont
Lithium, Inc. * |
6,110 |
380,164 |
Ryerson
Holding Corp. |
7,753 |
260,113 |
Schnitzer
Steel Industries, Inc., Class A |
9,570 |
258,294 |
Warrior
Met Coal, Inc. |
19,302 |
716,876 |
|
|
8,156,191 |
Mortgage
Real Estate Investment Trusts (REITs) — 1.4% | ||
Apollo
Commercial Real Estate Finance, Inc. |
48,336 |
544,263 |
Arbor
Realty Trust, Inc. |
63,643 |
876,364 |
ARMOUR
Residential REIT, Inc. (a) |
42,838 |
227,898 |
Brightspire
Capital, Inc. |
35,662 |
273,884 |
Broadmark
Realty Capital, Inc. |
49,652 |
288,975 |
Hannon
Armstrong Sustainable Infrastructure
Capital,
Inc. |
32,694 |
888,623 |
144
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Mortgage
Real Estate Investment Trusts (REITs) — continued | ||
Invesco
Mortgage Capital, Inc. (a) |
12,341 |
144,513 |
KKR
Real Estate Finance Trust, Inc. |
21,739 |
378,694 |
Ladder
Capital Corp. |
42,181 |
450,071 |
MFA
Financial, Inc. |
33,855 |
337,193 |
New
York Mortgage Trust, Inc. |
141,157 |
379,712 |
PennyMac
Mortgage Investment Trust |
33,845 |
469,430 |
Ready
Capital Corp. |
38,050 |
461,166 |
Redwood
Trust, Inc. |
43,634 |
311,111 |
TPG
RE Finance Trust, Inc. |
22,851 |
193,548 |
Two
Harbors Investment Corp. |
128,721 |
458,247 |
|
|
6,683,692 |
Multiline
Retail — 0.1% | ||
Big
Lots, Inc. |
10,807 |
203,928 |
Franchise
Group, Inc. |
10,558 |
320,435 |
|
|
524,363 |
Multi-Utilities
— 0.2% | ||
NorthWestern
Corp. |
20,984 |
1,108,585 |
Oil,
Gas & Consumable Fuels — 4.5% | ||
Arch
Resources, Inc. |
6,933 |
1,055,827 |
Archaea
Energy, Inc. * |
27,338 |
705,594 |
Brigham
Minerals, Inc., Class A |
20,074 |
622,294 |
California
Resources Corp. |
28,169 |
1,270,704 |
Callon
Petroleum Co. * |
19,141 |
841,438 |
Chord
Energy Corp. |
15,493 |
2,371,822 |
Clean
Energy Fuels Corp. * |
65,605 |
440,210 |
Comstock
Resources, Inc. * |
33,983 |
638,201 |
CONSOL
Energy, Inc. |
12,249 |
771,932 |
CVR
Energy, Inc. |
10,895 |
425,559 |
Delek
US Holdings, Inc. |
26,545 |
787,325 |
Denbury,
Inc. * |
18,580 |
1,698,398 |
Gevo,
Inc. * |
87,884 |
197,739 |
Green
Plains, Inc. * |
21,709 |
627,173 |
Gulfport
Energy Corp. * |
4,342 |
388,652 |
Kosmos
Energy Ltd. (Ghana) * |
170,352 |
1,105,584 |
Laredo
Petroleum, Inc. * |
6,393 |
413,307 |
Magnolia
Oil & Gas Corp., Class A |
62,810 |
1,612,961 |
Northern
Oil and Gas, Inc. |
25,658 |
875,964 |
PBF
Energy, Inc., Class A * |
40,097 |
1,774,292 |
Peabody
Energy Corp. * |
43,557 |
1,041,012 |
Permian
Resources Corp. * |
75,635 |
738,954 |
Talos
Energy, Inc. * |
24,367 |
518,530 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Oil,
Gas & Consumable Fuels — continued | ||
Tellurian,
Inc. * |
191,245 |
516,361 |
World
Fuel Services Corp. |
23,139 |
589,813 |
|
|
22,029,646 |
Paper
& Forest Products — 0.2% | ||
Mercer
International, Inc. (Germany) |
15,085 |
202,441 |
Sylvamo
Corp. |
12,367 |
595,718 |
|
|
798,159 |
Personal
Products — 0.7% | ||
Edgewell
Personal Care Co. |
19,366 |
758,954 |
elf
Beauty, Inc. * |
18,610 |
805,069 |
Inter
Parfums, Inc. |
6,666 |
539,146 |
Medifast,
Inc. |
4,116 |
481,531 |
Nu
Skin Enterprises, Inc., Class A |
18,828 |
719,041 |
USANA
Health Sciences, Inc. * |
4,159 |
218,389 |
|
|
3,522,130 |
Pharmaceuticals
— 1.5% | ||
Aclaris
Therapeutics, Inc. * |
19,185 |
299,478 |
Amneal
Pharmaceuticals, Inc. * |
37,344 |
82,157 |
Amphastar
Pharmaceuticals, Inc. * |
14,286 |
441,437 |
Arvinas,
Inc. * |
18,094 |
899,453 |
Axsome
Therapeutics, Inc. * |
11,899 |
537,240 |
Cassava
Sciences, Inc. *
(a) |
14,086 |
513,294 |
CinCor
Pharma, Inc. *
(a) |
7,010 |
235,816 |
Corcept
Therapeutics, Inc. * |
35,621 |
1,018,761 |
DICE
Therapeutics, Inc. * |
12,317 |
437,377 |
Harmony
Biosciences Holdings, Inc. * |
11,052 |
574,704 |
Innoviva,
Inc. * |
23,445 |
317,914 |
Nektar
Therapeutics * |
70,032 |
263,320 |
NGM
Biopharmaceuticals, Inc. * |
13,815 |
73,772 |
Reata
Pharmaceuticals, Inc., Class A * |
10,388 |
334,494 |
Revance
Therapeutics, Inc. * |
30,307 |
676,149 |
Supernus
Pharmaceuticals, Inc. * |
19,990 |
685,057 |
|
|
7,390,423 |
Professional
Services — 1.1% | ||
CBIZ,
Inc. * |
19,217 |
953,932 |
First
Advantage Corp. * |
21,760 |
305,728 |
Forrester
Research, Inc. * |
4,187 |
177,194 |
HireRight
Holdings Corp. * |
7,125 |
95,902 |
Huron
Consulting Group, Inc. * |
7,765 |
571,737 |
ICF
International, Inc. |
6,328 |
757,019 |
Kelly
Services, Inc., Class A |
12,927 |
211,227 |
Kforce,
Inc. |
7,441 |
470,792 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
145
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Professional
Services — continued | ||
Korn
Ferry |
20,406 |
1,134,369 |
Planet
Labs PBC * |
71,228 |
373,947 |
Sterling
Check Corp. * |
8,643 |
168,798 |
TrueBlue,
Inc. * |
12,216 |
240,167 |
|
|
5,460,812 |
Real
Estate Management & Development — 0.5% | ||
Anywhere
Real Estate, Inc. * |
42,743 |
317,580 |
Doma
Holdings, Inc. * |
42,772 |
23,208 |
Forestar
Group, Inc. * |
6,692 |
77,493 |
Kennedy-Wilson
Holdings, Inc. |
43,770 |
727,020 |
Marcus
& Millichap, Inc. |
9,409 |
346,628 |
Newmark
Group, Inc., Class A |
48,361 |
396,077 |
Offerpad
Solutions, Inc. *
(a) |
30,365 |
29,591 |
Redfin
Corp. * |
40,530 |
194,949 |
St.
Joe Co. (The) |
12,767 |
453,611 |
|
|
2,566,157 |
Road
& Rail — 0.5% | ||
ArcBest
Corp. |
9,165 |
727,976 |
Heartland
Express, Inc. |
17,404 |
258,972 |
Marten
Transport Ltd. |
21,495 |
403,461 |
Schneider
National, Inc., Class B |
13,842 |
307,846 |
Werner
Enterprises, Inc. |
22,041 |
864,007 |
|
|
2,562,262 |
Semiconductors
& Semiconductor Equipment — 2.3% | ||
ACM
Research, Inc., Class A * |
15,386 |
98,470 |
Axcelis
Technologies, Inc. * |
12,345 |
716,010 |
Cohu,
Inc. * |
18,024 |
593,350 |
Credo
Technology Group Holding Ltd. * |
33,739 |
463,574 |
Diodes,
Inc. * |
16,997 |
1,218,175 |
FormFactor,
Inc. * |
28,826 |
582,573 |
Ichor
Holdings Ltd. * |
10,742 |
273,277 |
Impinj,
Inc. *
(a) |
7,846 |
899,387 |
indie
Semiconductor, Inc., Class A (China) * |
24,041 |
188,001 |
Kulicke
& Soffa Industries, Inc. (Singapore) |
21,701 |
910,140 |
MACOM
Technology Solutions Holdings, Inc. * |
19,097 |
1,105,143 |
MaxLinear,
Inc. * |
26,930 |
831,598 |
Navitas
Semiconductor Corp. *
(a) |
28,658 |
120,650 |
Onto
Innovation, Inc. * |
18,565 |
1,240,885 |
Rambus,
Inc. * |
41,305 |
1,245,759 |
Rigetti
Computing, Inc. * |
27,133 |
56,979 |
Ultra
Clean Holdings, Inc. * |
16,978 |
528,186 |
Veeco
Instruments, Inc. * |
19,217 |
350,326 |
|
|
11,422,483 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Software
— 3.8% | ||
8x8,
Inc. * |
44,832 |
189,639 |
Adeia,
Inc. |
38,940 |
435,349 |
Alarm.com
Holdings, Inc. * |
18,587 |
1,093,659 |
Altair
Engineering, Inc., Class A * |
19,509 |
956,916 |
Amplitude,
Inc., Class A * |
19,305 |
324,324 |
Appfolio,
Inc., Class A * |
6,936 |
869,566 |
Appian
Corp., Class A * |
15,303 |
747,092 |
Avaya
Holdings Corp. * |
32,457 |
51,282 |
AvePoint,
Inc. * |
31,849 |
139,180 |
Braze,
Inc., Class A *
(a) |
11,357 |
336,281 |
BTRS
Holdings, Inc., Class 1 * |
32,399 |
305,847 |
C3.ai,
Inc., Class A * |
30,712 |
402,634 |
Cerence,
Inc. * |
14,719 |
253,167 |
Confluent,
Inc., Class A * |
52,761 |
1,418,216 |
Consensus
Cloud Solutions, Inc. * |
6,594 |
370,187 |
CS
Disco, Inc. * |
6,356 |
68,136 |
Dave,
Inc. * |
55,928 |
17,578 |
Domo,
Inc., Class B * |
11,383 |
201,138 |
E2open
Parent Holdings, Inc. * |
64,314 |
374,951 |
Ebix,
Inc. (a) |
8,777 |
173,697 |
Embark
Technology, Inc. * |
5,164 |
31,191 |
Enfusion,
Inc., Class A * |
4,757 |
67,407 |
Everbridge,
Inc. * |
14,848 |
465,188 |
Freshworks,
Inc., Class A * |
54,332 |
738,372 |
Gitlab,
Inc., Class A * |
20,034 |
970,848 |
HashiCorp,
Inc., Class A * |
14,743 |
453,052 |
Intapp,
Inc. * |
5,579 |
125,304 |
InterDigital,
Inc. |
11,085 |
552,809 |
LivePerson,
Inc. * |
25,950 |
274,292 |
Marathon
Digital Holdings, Inc. *
(a) |
41,472 |
543,698 |
Matterport,
Inc. * |
81,659 |
284,990 |
MeridianLink,
Inc. * |
7,549 |
135,882 |
Momentive
Global, Inc. * |
47,442 |
368,150 |
N-Able,
Inc. * |
24,919 |
269,873 |
PagerDuty,
Inc. * |
29,869 |
744,933 |
Progress
Software Corp. |
16,243 |
828,880 |
PROS
Holdings, Inc. * |
15,238 |
380,188 |
Q2
Holdings, Inc. * |
21,417 |
664,784 |
Riot
Blockchain, Inc. * |
50,581 |
348,503 |
Samsara,
Inc., Class A * |
30,449 |
374,827 |
Sprinklr,
Inc., Class A * |
21,913 |
202,695 |
Sumo
Logic, Inc. * |
39,358 |
303,450 |
Telos
Corp. * |
19,955 |
211,523 |
146
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— continued | ||
Zeta
Global Holdings Corp., Class A * |
46,099 |
384,466 |
Zuora,
Inc., Class A * |
45,293 |
348,303 |
|
|
18,802,447 |
Specialty
Retail — 2.2% | ||
Aaron's
Co., Inc. (The) |
11,502 |
119,851 |
Abercrombie
& Fitch Co., Class A * |
18,852 |
331,418 |
Academy
Sports & Outdoors, Inc. |
31,802 |
1,400,242 |
Arko
Corp. |
27,374 |
280,583 |
Asbury
Automotive Group, Inc. * |
8,271 |
1,304,750 |
Bed
Bath & Beyond, Inc. *
(a) |
25,997 |
118,806 |
Boot
Barn Holdings, Inc. * |
11,140 |
632,752 |
Buckle,
Inc. (The) |
11,043 |
434,321 |
Camping
World Holdings, Inc., Class A (a) |
14,858 |
413,498 |
Children's
Place, Inc. (The) * |
4,925 |
199,364 |
Designer
Brands, Inc., Class A |
21,061 |
320,759 |
Group
1 Automotive, Inc. |
5,899 |
1,020,527 |
Guess?,
Inc. |
12,470 |
211,741 |
Monro,
Inc. |
12,031 |
574,480 |
ODP
Corp. (The) * |
15,988 |
632,645 |
Rent-A-Center,
Inc. |
19,911 |
415,144 |
Sally
Beauty Holdings, Inc. * |
39,991 |
508,286 |
Signet
Jewelers Ltd. |
17,382 |
1,134,002 |
Sleep
Number Corp. * |
8,209 |
227,718 |
Sonic
Automotive, Inc., Class A |
6,921 |
323,557 |
Zumiez,
Inc. * |
5,818 |
130,498 |
|
|
10,734,942 |
Technology
Hardware, Storage & Peripherals — 0.4% | ||
Avid
Technology, Inc. * |
12,678 |
348,518 |
Corsair
Gaming, Inc. * |
14,321 |
197,630 |
IonQ,
Inc. *
(a) |
56,273 |
331,448 |
Super
Micro Computer, Inc. * |
16,878 |
1,174,540 |
|
|
2,052,136 |
Textiles,
Apparel & Luxury Goods — 0.7% | ||
G-III
Apparel Group Ltd. * |
16,221 |
316,309 |
Kontoor
Brands, Inc. |
18,421 |
657,630 |
Levi
Strauss & Co., Class A |
36,979 |
553,206 |
Oxford
Industries, Inc. |
5,594 |
569,078 |
Steven
Madden Ltd. |
27,753 |
828,982 |
Wolverine
World Wide, Inc. |
29,423 |
504,016 |
|
|
3,429,221 |
Thrifts
& Mortgage Finance — 1.5% | ||
Axos
Financial, Inc. * |
19,882 |
774,603 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Thrifts
& Mortgage Finance — continued | ||
Capitol
Federal Financial, Inc. |
48,257 |
394,742 |
Columbia
Financial, Inc. * |
12,387 |
254,429 |
Kearny
Financial Corp. |
25,661 |
260,202 |
Merchants
Bancorp |
9,503 |
227,597 |
Mr.
Cooper Group, Inc. * |
26,776 |
1,057,384 |
NMI
Holdings, Inc., Class A * |
31,652 |
694,128 |
Northfield
Bancorp, Inc. |
15,920 |
255,357 |
PennyMac
Financial Services, Inc. |
11,762 |
627,150 |
Provident
Financial Services, Inc. |
28,041 |
628,679 |
Rocket
Cos., Inc., Class A (a) |
43,154 |
297,763 |
Walker
& Dunlop, Inc. |
11,481 |
1,032,831 |
WSFS
Financial Corp. |
23,737 |
1,105,195 |
|
|
7,610,060 |
Tobacco
— 0.2% | ||
Turning
Point Brands, Inc. |
5,799 |
136,624 |
Universal
Corp. |
9,192 |
465,207 |
Vector
Group Ltd. |
49,172 |
522,207 |
|
|
1,124,038 |
Trading
Companies & Distributors — 1.7% | ||
Applied
Industrial Technologies, Inc. |
14,368 |
1,787,092 |
Boise
Cascade Co. |
14,743 |
984,390 |
Custom
Truck One Source, Inc. *
(a) |
23,176 |
160,610 |
Global
Industrial Co. |
6,095 |
193,455 |
GMS,
Inc. * |
15,937 |
752,226 |
H&E
Equipment Services, Inc. |
12,568 |
474,568 |
McGrath
RentCorp |
9,110 |
856,796 |
NOW,
Inc. * |
41,424 |
527,328 |
Rush
Enterprises, Inc., Class A |
16,024 |
799,437 |
Triton
International Ltd. (Bermuda) |
23,177 |
1,406,612 |
Veritiv
Corp. * |
5,217 |
606,528 |
|
|
8,549,042 |
Water
Utilities — 0.8% | ||
American
States Water Co. |
13,810 |
1,249,252 |
California
Water Service Group |
20,313 |
1,260,625 |
Middlesex
Water Co. |
6,580 |
588,713 |
SJW
Group |
9,945 |
702,913 |
|
|
3,801,503 |
Wireless
Telecommunication Services — 0.3% | ||
Gogo,
Inc. * |
24,528 |
348,788 |
Shenandoah
Telecommunications Co. |
18,715 |
424,082 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
147
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Wireless
Telecommunication Services — continued | ||
Telephone
and Data Systems, Inc. |
37,420 |
636,140 |
United
States Cellular Corp. * |
5,305 |
165,357 |
|
|
1,574,367 |
Total
Common Stocks
(Cost
$543,796,972) |
|
485,817,025 |
|
NO.
OF
RIGHTS |
|
Rights
— 0.0% ^ | ||
Pharmaceuticals
— 0.0% ^ | ||
Zogenix,
Inc., CVR ‡
*(Cost
$—) |
14,091 |
9,582
|
|
SHARES |
|
Short-Term
Investments — 4.0% | ||
Investment
Companies — 1.7% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (c)
(d)
(Cost
$8,224,756) |
8,224,756 |
8,224,756 |
Investment
of Cash Collateral from Securities Loaned — 2.3% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
10,003,601 |
10,003,601 |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (c)
(d) |
1,618,100 |
1,618,100 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$11,617,499) |
|
11,621,701 |
Total
Short-Term Investments
(Cost
$19,842,255) |
|
19,846,457 |
Total
Investments — 102.2%
(Cost
$563,639,227) |
|
505,673,064 |
Liabilities
in Excess of Other Assets — (2.2)% |
|
(10,910,804) |
NET
ASSETS — 100.0% |
|
494,762,260 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
CVR |
Contingent
Value Rights |
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $11,082,834. |
|
(b) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Russell
2000 E-Mini Index |
93 |
12/16/2022 |
USD |
8,616,915 |
293,417 |
Abbreviations |
|
USD |
United
States Dollar |
148
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.7% | ||
Aerospace
& Defense — 0.2% | ||
L3Harris
Technologies, Inc. |
190 |
46,829 |
Air
Freight & Logistics — 0.3% | ||
CH
Robinson Worldwide, Inc. |
141 |
13,779 |
Expeditors
International of Washington, Inc. |
189 |
18,494 |
United
Parcel Service, Inc., Class B |
211 |
35,399 |
|
|
67,672 |
Auto
Components — 0.2% | ||
Aptiv
plc * |
313 |
28,505 |
BorgWarner,
Inc. |
273 |
10,246 |
|
|
38,751 |
Automobiles
— 2.0% | ||
Ford
Motor Co. |
1,001 |
13,383 |
Harley-Davidson,
Inc. |
148 |
6,364 |
Tesla,
Inc. * |
1,707 |
388,411 |
|
|
408,158 |
Banks
— 2.5% | ||
Bank
of America Corp. |
5,862 |
211,267 |
Citigroup,
Inc. |
2,242 |
102,818 |
Fifth
Third Bancorp |
781 |
27,874 |
PNC
Financial Services Group, Inc. (The) |
475 |
76,869 |
Regions
Financial Corp. |
1,073 |
23,552 |
SVB
Financial Group * |
59 |
13,627 |
Wells
Fargo & Co. |
1,494 |
68,709 |
|
|
524,716 |
Beverages
— 2.2% | ||
Brown-Forman
Corp., Class B |
264 |
17,952 |
Coca-Cola
Co. (The) |
3,307 |
197,924 |
Keurig
Dr Pepper, Inc. |
992 |
38,529 |
Monster
Beverage Corp. * |
430 |
40,299 |
PepsiCo,
Inc. |
939 |
170,504 |
|
|
465,208 |
Biotechnology
— 2.5% | ||
AbbVie,
Inc. |
1,449 |
212,134 |
Amgen,
Inc. |
138 |
37,308 |
Biogen,
Inc. * |
128 |
36,280 |
Gilead
Sciences, Inc. |
192 |
15,064 |
Incyte
Corp. * |
208 |
15,463 |
Regeneron
Pharmaceuticals, Inc. * |
113 |
84,609 |
Seagen,
Inc. * |
157 |
19,964 |
Vertex
Pharmaceuticals, Inc. * |
296 |
92,352 |
|
|
513,174 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Building
Products — 0.5% | ||
Carrier
Global Corp. |
894 |
35,545 |
Lennox
International, Inc. |
37 |
8,642 |
Masco
Corp. |
261 |
12,077 |
Trane
Technologies plc |
270 |
43,100 |
|
|
99,364 |
Capital
Markets — 4.6% | ||
Ares
Management Corp. |
164 |
12,436 |
Bank
of New York Mellon Corp. (The) |
844 |
35,541 |
BlackRock,
Inc. |
165 |
106,575 |
Blackstone,
Inc. |
31 |
2,825 |
Carlyle
Group, Inc. (The) |
183 |
5,175 |
Charles
Schwab Corp. (The) |
1,349 |
107,475 |
CME
Group, Inc. |
334 |
57,882 |
FactSet
Research Systems, Inc. |
44 |
18,722 |
Goldman
Sachs Group, Inc. (The) |
378 |
130,225 |
Intercontinental
Exchange, Inc. |
315 |
30,105 |
Invesco
Ltd. |
376 |
5,760 |
Lazard
Ltd., Class A |
42 |
1,584 |
LPL
Financial Holdings, Inc. |
91 |
23,264 |
Moody's
Corp. |
184 |
48,736 |
Morgan
Stanley |
1,255 |
103,123 |
Morningstar,
Inc. |
29 |
6,733 |
MSCI,
Inc. |
91 |
42,666 |
Nasdaq,
Inc. |
385 |
23,963 |
Northern
Trust Corp. |
218 |
18,388 |
S&P
Global, Inc. |
370 |
118,863 |
State
Street Corp. |
420 |
31,080 |
T.
Rowe Price Group, Inc. |
257 |
27,283 |
|
|
958,404 |
Chemicals
— 2.1% | ||
Air
Products and Chemicals, Inc. |
76 |
19,030 |
Albemarle
Corp. |
135 |
37,783 |
Ashland,
Inc. |
56 |
5,876 |
Ecolab,
Inc. |
287 |
45,079 |
Element
Solutions, Inc. |
287 |
4,936 |
FMC
Corp. |
146 |
17,359 |
Huntsman
Corp. |
221 |
5,914 |
International
Flavors & Fragrances, Inc. |
295 |
28,795 |
Linde
plc (United Kingdom) |
519 |
154,325 |
Mosaic
Co. (The) |
399 |
21,446 |
PPG
Industries, Inc. |
271 |
30,943 |
Scotts
Miracle-Gro Co. (The) |
49 |
2,250 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
149
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Chemicals
— continued | ||
Sherwin-Williams
Co. (The) |
275 |
61,883 |
Valvoline,
Inc. |
197 |
5,784 |
|
|
441,403 |
Commercial
Services & Supplies — 0.8% | ||
Cintas
Corp. |
100 |
42,755 |
Clean
Harbors, Inc. * |
59 |
7,225 |
MSA
Safety, Inc. |
43 |
5,772 |
Republic
Services, Inc. |
238 |
31,563 |
Stericycle,
Inc. * |
115 |
5,127 |
Waste
Management, Inc. |
480 |
76,018 |
|
|
168,460 |
Communications
Equipment — 1.3% | ||
Arista
Networks, Inc. * |
284 |
34,324 |
Ciena
Corp. * |
181 |
8,670 |
Cisco
Systems, Inc. |
3,846 |
174,724 |
Juniper
Networks, Inc. |
365 |
11,169 |
Motorola
Solutions, Inc. |
190 |
47,445 |
|
|
276,332 |
Consumer
Finance — 0.8% | ||
American
Express Co. |
697 |
103,469 |
Capital
One Financial Corp. |
441 |
46,755 |
Synchrony
Financial |
555 |
19,736 |
|
|
169,960 |
Containers
& Packaging — 0.1% | ||
Avery
Dennison Corp. |
94 |
15,938 |
Distributors
— 0.1% | ||
LKQ
Corp. |
297 |
16,525 |
Diversified
Financial Services — 1.0% | ||
Apollo
Global Management, Inc. |
462 |
25,576 |
Berkshire
Hathaway, Inc., Class B * |
602 |
177,644 |
Voya
Financial, Inc. |
113 |
7,725 |
|
|
210,945 |
Diversified
Telecommunication Services — 0.7% | ||
AT&T,
Inc. |
1,640 |
29,897 |
Verizon
Communications, Inc. |
3,348 |
125,115 |
|
|
155,012 |
Electric
Utilities — 1.4% | ||
Avangrid,
Inc. |
82 |
3,336 |
Duke
Energy Corp. |
181 |
16,866 |
Edison
International |
435 |
26,117 |
Eversource
Energy |
398 |
30,359 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
Exelon
Corp. |
1,149 |
44,340 |
NextEra
Energy, Inc. |
1,868 |
144,770 |
PG&E
Corp. * |
1,793 |
26,769 |
Southern
Co. (The) |
74 |
4,846 |
|
|
297,403 |
Electrical
Equipment — 0.6% | ||
AMETEK,
Inc. |
267 |
34,619 |
Emerson
Electric Co. |
679 |
58,802 |
Rockwell
Automation, Inc. |
134 |
34,210 |
|
|
127,631 |
Electronic
Equipment, Instruments & Components — 0.4% | ||
Keysight
Technologies, Inc. * |
207 |
36,049 |
Teledyne
Technologies, Inc. * |
54 |
21,491 |
Trimble,
Inc. * |
289 |
17,386 |
Zebra
Technologies Corp., Class A * |
60 |
16,993 |
|
|
91,919 |
Energy
Equipment & Services — 0.6% | ||
Halliburton
Co. |
1,039 |
37,840 |
Schlumberger
NV |
1,634 |
85,017 |
|
|
122,857 |
Entertainment
— 2.0% | ||
Activision
Blizzard, Inc. |
899 |
65,447 |
Liberty
Media Corp.-Liberty Formula One, Class C * |
254 |
14,664 |
Netflix,
Inc. * |
507 |
147,983 |
Spotify
Technology SA * |
162 |
13,054 |
Take-Two
Interactive Software, Inc. * |
189 |
22,393 |
Walt
Disney Co. (The) * |
1,421 |
151,393 |
|
|
414,934 |
Equity
Real Estate Investment Trusts (REITs) — 2.9% | ||
American
Homes 4 Rent, Class A |
351 |
11,211 |
American
Tower Corp. |
103 |
21,341 |
AvalonBay
Communities, Inc. |
162 |
28,369 |
Boston
Properties, Inc. |
180 |
13,086 |
Brixmor
Property Group, Inc. |
338 |
7,203 |
Crown
Castle, Inc. |
496 |
66,097 |
CubeSmart |
259 |
10,844 |
Douglas
Emmett, Inc. |
187 |
3,289 |
Equity
Residential |
428 |
26,973 |
Essex
Property Trust, Inc. |
75 |
16,668 |
Extra
Space Storage, Inc. |
53 |
9,404 |
Federal
Realty Investment Trust |
93 |
9,205 |
Healthcare
Realty Trust, Inc. |
439 |
8,925 |
150
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Equity
Real Estate Investment Trusts (REITs) — continued | ||
Hudson
Pacific Properties, Inc. |
143 |
1,579 |
Kilroy
Realty Corp. |
134 |
5,727 |
Kimco
Realty Corp. |
698 |
14,923 |
Life
Storage, Inc. |
97 |
10,729 |
National
Retail Properties, Inc. |
203 |
8,532 |
Omega
Healthcare Investors, Inc. |
272 |
8,644 |
Prologis,
Inc. |
855 |
94,691 |
Public
Storage |
181 |
56,065 |
Rayonier,
Inc. |
183 |
6,167 |
Realty
Income Corp. |
715 |
44,523 |
Regency
Centers Corp. |
199 |
12,042 |
Rexford
Industrial Realty, Inc. |
198 |
10,945 |
SBA
Communications Corp. |
122 |
32,928 |
Simon
Property Group, Inc. |
377 |
41,086 |
SL
Green Realty Corp. |
72 |
2,857 |
UDR,
Inc. |
375 |
14,910 |
Vornado
Realty Trust |
187 |
4,411 |
|
|
603,374 |
Food
& Staples Retailing — 1.1% | ||
Costco
Wholesale Corp. |
293 |
146,939 |
Sysco
Corp. |
26 |
2,251 |
Walmart,
Inc. |
517 |
73,585 |
|
|
222,775 |
Food
Products — 0.8% | ||
Hershey
Co. (The) |
169 |
40,352 |
McCormick
& Co., Inc. (Non-Voting) |
290 |
22,805 |
Mondelez
International, Inc., Class A |
1,589 |
97,692 |
|
|
160,849 |
Gas
Utilities — 0.2% | ||
Atmos
Energy Corp. |
160 |
17,048 |
National
Fuel Gas Co. |
99 |
6,681 |
UGI
Corp. |
244 |
8,621 |
|
|
32,350 |
Health
Care Equipment & Supplies — 1.8% | ||
Abbott
Laboratories |
1,377 |
136,240 |
Becton
Dickinson and Co. |
274 |
64,656 |
Boston
Scientific Corp. * |
1,596 |
68,803 |
Edwards
Lifesciences Corp. * |
689 |
49,904 |
Insulet
Corp. * |
42 |
10,870 |
Medtronic
plc |
399 |
34,849 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Health
Care Equipment & Supplies — continued | ||
ResMed,
Inc. |
29 |
6,487 |
Stryker
Corp. |
3 |
688
|
|
|
372,497 |
Health
Care Providers & Services — 4.4% | ||
AmerisourceBergen
Corp. |
171 |
26,885 |
Cigna
Corp. |
349 |
112,748 |
CVS
Health Corp. |
1,406 |
133,148 |
Elevance
Health, Inc. |
267 |
145,987 |
Humana,
Inc. |
140 |
78,131 |
McKesson
Corp. |
168 |
65,414 |
UnitedHealth
Group, Inc. |
665 |
369,175 |
|
|
931,488 |
Hotels,
Restaurants & Leisure — 1.8% | ||
Booking
Holdings, Inc. * |
46 |
85,996 |
Chipotle
Mexican Grill, Inc. * |
32 |
47,947 |
McDonald's
Corp. |
679 |
185,136 |
Planet
Fitness, Inc., Class A * |
98 |
6,417 |
Starbucks
Corp. |
166 |
14,374 |
Yum!
Brands, Inc. |
331 |
39,141 |
|
|
379,011 |
Household
Products — 1.7% | ||
Church
& Dwight Co., Inc. |
281 |
20,830 |
Clorox
Co. (The) |
142 |
20,738 |
Colgate-Palmolive
Co. |
959 |
70,813 |
Procter
& Gamble Co. (The) |
1,856 |
249,947 |
|
|
362,328 |
Industrial
Conglomerates — 0.5% | ||
General
Electric Co. |
1,268 |
98,663 |
Insurance
— 2.8% | ||
Aflac,
Inc. |
724 |
47,140 |
Allstate
Corp. (The) |
311 |
39,264 |
American
International Group, Inc. |
880 |
50,160 |
Aon
plc, Class A |
242 |
68,121 |
Arch
Capital Group Ltd. * |
76 |
4,370 |
Assurant,
Inc. |
61 |
8,287 |
Assured
Guaranty Ltd. |
75 |
4,439 |
Chubb
Ltd. |
481 |
103,362 |
Cincinnati
Financial Corp. |
173 |
17,874 |
First
American Financial Corp. |
117 |
5,897 |
Hartford
Financial Services Group, Inc. (The) |
373 |
27,009 |
Lincoln
National Corp. |
196 |
10,559 |
Marsh
& McLennan Cos., Inc. |
30 |
4,845 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
151
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Insurance
— continued | ||
MetLife,
Inc. |
777 |
56,884 |
Principal
Financial Group, Inc. |
285 |
25,117 |
Prudential
Financial, Inc. |
431 |
45,337 |
RenaissanceRe
Holdings Ltd. (Bermuda) |
12 |
1,856 |
Travelers
Cos., Inc. (The) |
274 |
50,542 |
WR
Berkley Corp. |
238 |
17,702 |
|
|
588,765 |
Interactive
Media & Services — 3.7% | ||
Alphabet,
Inc., Class A * |
7,126 |
673,478 |
Meta
Platforms, Inc., Class A * |
1,080 |
100,613 |
|
|
774,091 |
Internet
& Direct Marketing Retail — 2.6% | ||
Amazon.com,
Inc. * |
5,013 |
513,532 |
eBay,
Inc. |
636 |
25,338 |
Etsy,
Inc. * |
146 |
13,711 |
|
|
552,581 |
IT
Services — 6.0% | ||
Accenture
plc, Class A |
592 |
168,069 |
Amdocs
Ltd. |
140 |
12,083 |
Automatic
Data Processing, Inc. |
65 |
15,710 |
Block,
Inc., Class A * |
611 |
36,703 |
Cognizant
Technology Solutions Corp., Class A |
593 |
36,914 |
Fidelity
National Information Services, Inc. |
706 |
58,591 |
Fiserv,
Inc. * |
681 |
69,966 |
Genpact
Ltd. |
209 |
10,137 |
Global
Payments, Inc. |
318 |
36,335 |
Globant
SA * |
49 |
9,245 |
International
Business Machines Corp. |
824 |
113,951 |
Jack
Henry & Associates, Inc. |
84 |
16,721 |
Mastercard,
Inc., Class A |
696 |
228,413 |
Okta,
Inc. * |
173 |
9,709 |
Paychex,
Inc. |
373 |
44,130 |
PayPal
Holdings, Inc. * |
1,341 |
112,081 |
Switch,
Inc., Class A |
169 |
5,754 |
Toast,
Inc., Class A * |
287 |
6,340 |
Visa,
Inc., Class A |
1,276 |
264,336 |
Western
Union Co. (The) |
445 |
6,012 |
|
|
1,261,200 |
Leisure
Products — 0.1% | ||
Hasbro,
Inc. |
152 |
9,918 |
YETI
Holdings, Inc. * |
112 |
3,593 |
|
|
13,511 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Life
Sciences Tools & Services — 2.3% | ||
Agilent
Technologies, Inc. |
343 |
47,454 |
Danaher
Corp. |
429 |
107,966 |
Illumina,
Inc. * |
163 |
37,298 |
IQVIA
Holdings, Inc. * |
215 |
45,079 |
Mettler-Toledo
International, Inc. * |
26 |
32,888 |
PerkinElmer,
Inc. |
125 |
16,697 |
Thermo
Fisher Scientific, Inc. |
344 |
176,806 |
Waters
Corp. * |
69 |
20,643 |
|
|
484,831 |
Machinery
— 2.8% | ||
Caterpillar,
Inc. |
606 |
131,175 |
Cummins,
Inc. |
162 |
39,611 |
Deere
& Co. |
320 |
126,662 |
Dover
Corp. |
166 |
21,695 |
Fortive
Corp. |
415 |
26,518 |
IDEX
Corp. |
87 |
19,341 |
Illinois
Tool Works, Inc. |
358 |
76,444 |
Ingersoll
Rand, Inc. |
470 |
23,735 |
Middleby
Corp. (The) * |
62 |
8,671 |
Nordson
Corp. |
67 |
15,075 |
Otis
Worldwide Corp. |
490 |
34,614 |
PACCAR,
Inc. |
397 |
38,442 |
Pentair
plc |
190 |
8,160 |
Xylem,
Inc. |
208 |
21,305 |
|
|
591,448 |
Media
— 0.6% | ||
Comcast
Corp., Class A |
1,884 |
59,798 |
Fox
Corp., Class A |
501 |
14,464 |
Interpublic
Group of Cos., Inc. (The) |
455 |
13,555 |
Liberty
Media Corp.-Liberty SiriusXM, Class C * |
266 |
11,223 |
Omnicom
Group, Inc. |
235 |
17,096 |
Paramount
Global, Class B |
523 |
9,581 |
|
|
125,717 |
Metals
& Mining — 0.3% | ||
Freeport-McMoRan,
Inc. |
1,663 |
52,701 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.0% ^ | ||
Annaly
Capital Management, Inc. |
496 |
9,201 |
Multiline
Retail — 0.0% ^ | ||
Target
Corp. |
11 |
1,807 |
Multi-Utilities
— 0.9% | ||
CenterPoint
Energy, Inc. |
728 |
20,828 |
CMS
Energy Corp. |
98 |
5,591 |
152
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Multi-Utilities
— continued | ||
Consolidated
Edison, Inc. |
410 |
36,064 |
NiSource,
Inc. |
469 |
12,049 |
Public
Service Enterprise Group, Inc. |
576 |
32,296 |
Sempra
Energy |
364 |
54,942 |
WEC
Energy Group, Inc. |
365 |
33,335 |
|
|
195,105 |
Oil,
Gas & Consumable Fuels — 4.7% | ||
Chevron
Corp. |
1,445 |
261,400 |
ConocoPhillips |
1,324 |
166,943 |
Devon
Energy Corp. |
761 |
58,863 |
Enviva,
Inc. |
39 |
2,334 |
Exxon
Mobil Corp. |
3,086 |
341,960 |
Hess
Corp. |
326 |
45,992 |
Occidental
Petroleum Corp. |
946 |
68,680 |
Targa
Resources Corp. |
8 |
547 |
Williams
Cos., Inc. (The) |
1,409 |
46,117 |
|
|
992,836 |
Personal
Products — 0.3% | ||
Estee
Lauder Cos., Inc. (The), Class A |
266 |
53,330 |
Pharmaceuticals
— 4.6% | ||
Bristol-Myers
Squibb Co. |
2,057 |
159,356 |
Eli
Lilly & Co. |
693 |
250,928 |
Johnson
& Johnson |
1,873 |
325,846 |
Merck
& Co., Inc. |
1,063 |
107,575 |
Pfizer,
Inc. |
2,503 |
116,515 |
Zoetis,
Inc. |
55 |
8,293 |
|
|
968,513 |
Professional
Services — 0.5% | ||
Booz
Allen Hamilton Holding Corp. |
152 |
16,545 |
Equifax,
Inc. |
141 |
23,905 |
FTI
Consulting, Inc. * |
38 |
5,914 |
ManpowerGroup,
Inc. |
67 |
5,249 |
Robert
Half International, Inc. |
125 |
9,558 |
Science
Applications International Corp. |
38 |
4,117 |
TransUnion |
223 |
13,217 |
Verisk
Analytics, Inc. |
180 |
32,909 |
|
|
111,414 |
Real
Estate Management & Development — 0.2% | ||
CBRE
Group, Inc., Class A * |
371 |
26,319 |
Howard
Hughes Corp. (The) * |
42 |
2,576 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Real
Estate Management & Development — continued | ||
Jones
Lang LaSalle, Inc. * |
55 |
8,750 |
Zillow
Group, Inc., Class C * |
251 |
7,746 |
|
|
45,391 |
Road
& Rail — 0.5% | ||
Lyft,
Inc., Class A * |
359 |
5,256 |
Uber
Technologies, Inc. * |
2,188 |
58,135 |
Union
Pacific Corp. |
179 |
35,288 |
|
|
98,679 |
Semiconductors
& Semiconductor Equipment — 4.3% | ||
Advanced
Micro Devices, Inc. * |
1,577 |
94,715 |
Analog
Devices, Inc. |
600 |
85,572 |
Applied
Materials, Inc. |
981 |
86,612 |
Broadcom,
Inc. |
153 |
71,928 |
Cirrus
Logic, Inc. * |
59 |
3,960 |
Enphase
Energy, Inc. * |
151 |
46,357 |
First
Solar, Inc. * |
123 |
17,905 |
Intel
Corp. |
984 |
27,975 |
Lam
Research Corp. |
156 |
63,146 |
MKS
Instruments, Inc. |
66 |
5,422 |
NVIDIA
Corp. |
1,714 |
231,338 |
QUALCOMM,
Inc. |
1,057 |
124,367 |
Texas
Instruments, Inc. |
276 |
44,334 |
|
|
903,631 |
Software
— 9.5% | ||
Adobe,
Inc. * |
380 |
121,030 |
Atlassian
Corp., Class A * |
158 |
32,031 |
Autodesk,
Inc. * |
245 |
52,503 |
Cadence
Design Systems, Inc. * |
309 |
46,780 |
Confluent,
Inc., Class A * |
144 |
3,871 |
Dolby
Laboratories, Inc., Class A |
71 |
4,746 |
Guidewire
Software, Inc. * |
97 |
5,763 |
Intuit,
Inc. |
312 |
133,380 |
Microsoft
Corp. |
4,517 |
1,048,531 |
NortonLifeLock,
Inc. |
618 |
13,924 |
Oracle
Corp. |
1,588 |
123,975 |
Palo
Alto Networks, Inc. * |
248 |
42,554 |
PTC,
Inc. * |
117 |
13,786 |
Salesforce,
Inc. * |
782 |
127,145 |
ServiceNow,
Inc. * |
218 |
91,721 |
Synopsys,
Inc. * |
159 |
46,515 |
Teradata
Corp. * |
128 |
4,044 |
Unity
Software, Inc. * |
241 |
7,110 |
VMware,
Inc., Class A |
205 |
23,069 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
153
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— continued | ||
Workday,
Inc., Class A * |
208 |
32,411 |
Zendesk,
Inc. * |
134 |
10,276 |
|
|
1,985,165 |
Specialty
Retail — 2.7% | ||
AutoZone,
Inc. * |
23 |
58,256 |
Home
Depot, Inc. (The) |
819 |
242,530 |
Lithia
Motors, Inc., Class A |
34 |
6,737 |
Lowe's
Cos., Inc. |
689 |
134,320 |
TJX
Cos., Inc. (The) |
1,269 |
91,495 |
Tractor
Supply Co. |
128 |
28,131 |
Williams-Sonoma,
Inc. |
79 |
9,783 |
|
|
571,252 |
Technology
Hardware, Storage & Peripherals — 6.9% | ||
Apple,
Inc. |
9,134 |
1,400,609 |
Dell
Technologies, Inc., Class C |
278 |
10,675 |
HP,
Inc. |
1,197 |
33,061 |
|
|
1,444,345 |
Textiles,
Apparel & Luxury Goods — 0.9% | ||
Lululemon
Athletica, Inc. * |
129 |
42,446 |
NIKE,
Inc., Class B |
1,310 |
121,411 |
PVH
Corp. |
85 |
4,362 |
Ralph
Lauren Corp. |
49 |
4,542 |
Tapestry,
Inc. |
291 |
9,219 |
VF
Corp. |
411 |
11,611 |
|
|
193,591 |
Trading
Companies & Distributors — 0.2% | ||
Univar
Solutions, Inc. * |
190 |
4,841 |
WW
Grainger, Inc. |
53 |
30,971 |
|
|
35,812 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Water
Utilities — 0.1% | ||
Essential
Utilities, Inc. |
267 |
11,807 |
Wireless
Telecommunication Services — 0.1% | ||
T-Mobile
US, Inc. * |
179 |
27,129 |
Total
Common Stocks
(Cost
$20,936,668) |
|
20,888,783 |
Short-Term
Investments — 0.2% | ||
Investment
Companies — 0.2% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b)
(Cost
$31,835) |
31,835 |
31,835 |
Total
Investments — 99.9%
(Cost
$20,968,503) |
|
20,920,618 |
Other
Assets Less Liabilities — 0.1% |
|
27,063 |
NET
ASSETS — 100.0% |
|
20,947,681 |
Percentages
indicated are based on net
assets. |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
(a) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(b) |
The
rate shown is the current yield as of October 31,
2022. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Micro
E-Mini S&P 500 Index |
2 |
12/16/2022 |
USD |
38,828 |
1,844 |
Abbreviations |
|
USD |
United
States Dollar |
154
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.5% | ||
Canada
— 1.9% | ||
West
Fraser Timber Co. Ltd. |
5,014 |
376,469 |
China
— 1.9% | ||
Contemporary
Amperex Technology Co. Ltd., Class A |
3,600 |
183,783 |
NARI
Technology Co. Ltd., Class A |
23,100 |
77,176 |
Tongwei
Co. Ltd., Class A |
18,300 |
108,849 |
|
|
369,808 |
Denmark
— 0.9% | ||
Orsted
A/S (a) |
1,074 |
88,611 |
Vestas
Wind Systems A/S |
4,530 |
89,303 |
|
|
177,914 |
Finland
— 2.9% | ||
UPM-Kymmene
OYJ |
16,602 |
558,117 |
France
— 6.7% | ||
Dassault
Systemes SE |
15,074 |
505,262 |
Neoen
SA (a) |
6,204 |
216,396 |
Nexans
SA |
1,461 |
136,426 |
SPIE
SA |
19,002 |
444,525 |
|
|
1,302,609 |
Germany
— 6.4% | ||
Encavis
AG |
7,762 |
144,511 |
Infineon
Technologies AG |
22,005 |
533,962 |
Mercedes-Benz
Group AG |
9,737 |
563,593 |
|
|
1,242,066 |
Ireland
— 1.2% | ||
Kingspan
Group plc |
4,635 |
233,681 |
Italy
— 2.0% | ||
Ariston
Holding NV |
4,127 |
35,231 |
Prysmian
SpA |
10,964 |
356,858 |
|
|
392,089 |
Japan
— 6.0% | ||
Daikin
Industries Ltd. |
2,300 |
344,511 |
Keyence
Corp. |
1,600 |
603,304 |
Kurita
Water Industries Ltd. |
2,300 |
84,191 |
RENOVA,
Inc. * |
6,800 |
149,243 |
|
|
1,181,249 |
Netherlands
— 2.5% | ||
Alfen
Beheer BV *
(a) |
1,415 |
150,101 |
Arcadis
NV |
2,947 |
100,013 |
Koninklijke
DSM NV |
2,082 |
244,907 |
|
|
495,021 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Norway
— 0.4% | ||
Aker
Carbon Capture ASA * |
20,897 |
23,516 |
TOMRA
Systems ASA |
3,974 |
64,186 |
|
|
87,702 |
South
Korea — 2.8% | ||
LG
Energy Solution Ltd. * |
544 |
201,291 |
Samsung
SDI Co. Ltd. |
686 |
353,918 |
|
|
555,209 |
Spain
— 5.2% | ||
EDP
Renovaveis SA |
11,032 |
232,141 |
Iberdrola
SA |
56,455 |
574,107 |
Solaria
Energia y Medio Ambiente SA * |
13,474 |
213,106 |
|
|
1,019,354 |
Sweden
— 1.6% | ||
Boliden
AB |
3,391 |
98,614 |
Nibe
Industrier AB, Class B |
26,812 |
213,873 |
|
|
312,487 |
Switzerland
— 5.5% | ||
ABB
Ltd. (Registered) |
18,705 |
519,444 |
Sika
AG (Registered) |
858 |
193,458 |
TE
Connectivity Ltd. |
2,971 |
363,145 |
|
|
1,076,047 |
United
Kingdom — 7.1% | ||
CNH
Industrial NV |
45,013 |
582,468 |
Linde
plc |
1,925 |
572,399 |
SSE
plc |
12,652 |
226,102 |
|
|
1,380,969 |
United
States — 43.5% | ||
AGCO
Corp. |
5,131 |
637,116 |
Array
Technologies, Inc. * |
2,797 |
50,626 |
Autodesk,
Inc. * |
3,190 |
683,617 |
Brookfield
Renewable Corp. |
3,929 |
121,917 |
Carrier
Global Corp. |
15,781 |
627,453 |
ChargePoint
Holdings, Inc. * |
6,531 |
91,303 |
Deere
& Co. |
2,283 |
903,658 |
Eaton
Corp. plc |
560 |
84,039 |
Enphase
Energy, Inc. * |
1,901 |
583,607 |
Evoqua
Water Technologies Corp. * |
10,089 |
395,287 |
Johnson
Controls International plc |
1,948 |
112,672 |
NextEra
Energy, Inc. |
9,569 |
741,598 |
Plug
Power, Inc. * |
1,873 |
29,931 |
Schneider
Electric SE |
5,268 |
666,172 |
October
31, 2022
|
|
155
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
States — continued | ||
Shoals
Technologies Group, Inc., Class A * |
2,187 |
50,542 |
SolarEdge
Technologies, Inc. * |
1,379 |
317,211 |
Tetra
Tech, Inc. |
1,461 |
206,410 |
Trane
Technologies plc |
4,752 |
758,562 |
Trimble,
Inc. * |
3,032 |
182,405 |
Weyerhaeuser
Co., REIT |
16,883 |
522,191 |
Xylem,
Inc. |
7,318 |
749,583 |
|
|
8,515,900 |
Total
Common Stocks
(Cost
$23,170,856) |
|
19,276,691 |
Total
Investments — 98.5%
(Cost
$23,170,856) |
|
19,276,691 |
Other
Assets Less Liabilities — 1.5% |
|
283,995 |
NET
ASSETS — 100.0% |
|
19,560,686 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
OYJ |
Public
Limited Company |
REIT |
Real
Estate Investment Trust |
* |
Non-income
producing security.
|
(a) |
Security
exempt from registration pursuant to Regulation S under
the
Securities Act of 1933, as amended. Regulation S applies to
securities
offerings that are made outside of the United States and
do
not involve direct selling efforts in the United States and as
such
may have restrictions on
resale. |
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Machinery |
17.4% |
Electrical
Equipment |
13.9 |
Building
Products |
11.9 |
Electric
Utilities |
8.5 |
Electronic
Equipment, Instruments & Components |
7.8 |
Semiconductors
& Semiconductor Equipment |
7.4 |
Software |
6.2 |
Independent
Power and Renewable Electricity Producers |
5.6 |
Chemicals |
5.2 |
Paper
& Forest Products |
4.9 |
Commercial
Services & Supplies |
3.8 |
Automobiles |
2.9 |
Equity
Real Estate Investment Trusts (REITs) |
2.7 |
Others
(each less than 1.0%) |
1.8 |
156
|
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.8% | ||
Brazil
— 10.0% | ||
Ambev
SA |
266,548 |
826,141 |
Auren
Energia SA |
65,309 |
188,765 |
Banco
Bradesco SA (Preference) |
105,686 |
405,517 |
Banco
do Brasil SA |
70,278 |
504,347 |
Banco
Santander Brasil SA |
73,546 |
422,724 |
BB
Seguridade Participacoes SA |
20,512 |
117,779 |
Bradespar
SA (Preference) |
41,443 |
192,232 |
CCR
SA |
168,316 |
424,578 |
Centrais
Eletricas Brasileiras SA |
78,018 |
753,824 |
Cia
de Saneamento Basico do Estado de Sao
Paulo * |
37,434 |
435,975 |
Cia
de Transmissao de Energia Eletrica
Paulista
(Preference) |
85,348 |
403,980 |
Cia
Energetica de Minas Gerais (Preference) |
213,188 |
468,844 |
Cia
Paranaense de Energia (Preference) |
311,443 |
446,770 |
Cielo
SA * |
395,900 |
456,027 |
CPFL
Energia SA |
41,036 |
281,624 |
Dexco
SA |
135,823 |
254,265 |
EDP
- Energias do Brasil SA |
86,284 |
385,359 |
Embraer
SA * |
160,099 |
425,546 |
Energisa
SA |
15,697 |
147,626 |
Engie
Brasil Energia SA |
30,989 |
240,929 |
Gerdau
SA (Preference) |
86,805 |
433,059 |
Grendene
SA |
113,425 |
158,319 |
Hypera
SA * |
18,246 |
180,217 |
Itau
Unibanco Holding SA (Preference) * |
151,333 |
888,867 |
Itausa
SA (Preference) |
186,165 |
386,710 |
M
Dias Branco SA * |
27,008 |
227,546 |
Marfrig
Global Foods SA |
77,444 |
160,120 |
Metalurgica
Gerdau SA (Preference) |
121,638 |
264,681 |
Neoenergia
SA |
8,752 |
27,956 |
Petroleo
Brasileiro SA (Preference) |
297,979 |
1,719,054 |
Sao
Martinho SA |
48,160 |
251,545 |
SIMPAR
SA |
50,980 |
106,095 |
Telefonica
Brasil SA |
57,967 |
464,926 |
TIM
SA * |
129,039 |
330,248 |
TOTVS
SA * |
38,220 |
247,056 |
Transmissora
Alianca de Energia Eletrica SA |
53,063 |
412,547 |
Unipar
Carbocloro SA (Preference), Class B |
5,449 |
112,514 |
Vale
SA |
174,629 |
2,265,731 |
|
|
16,420,043 |
Chile
— 1.2% | ||
Banco
de Chile |
3,332,329 |
304,766 |
Banco
Santander Chile |
6,750,037 |
241,814 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chile
— continued | ||
CAP
SA |
17,248 |
92,296 |
Cencosud
SA |
269,241 |
362,412 |
Cia
Cervecerias Unidas SA |
23,043 |
126,388 |
Cia
Sud Americana de Vapores SA |
4,437,394 |
308,054 |
Colbun
SA |
2,015,387 |
198,036 |
Embotelladora
Andina SA (Preference),
Class
B |
67,443 |
117,945 |
Enel
Americas SA |
1,555,429 |
154,109 |
|
|
1,905,820 |
China
— 22.1% | ||
Agile
Group Holdings Ltd. * |
80,000 |
15,216 |
Agricultural
Bank of China Ltd., Class A |
734,700 |
276,546 |
An
Hui Wenergy Co. Ltd., Class A * |
189,900 |
120,404 |
Angang
Steel Co. Ltd., Class H |
383,800 |
79,634 |
Anhui
Conch Cement Co. Ltd., Class H |
125,000 |
321,742 |
Anhui
Expressway Co. Ltd., Class A |
177,600 |
162,982 |
ANTA
Sports Products Ltd. |
12,400 |
109,016 |
BAIC
Motor Corp. Ltd., Class H (a) |
344,500 |
76,322 |
Bank
of Beijing Co. Ltd., Class A |
359,100 |
197,850 |
Bank
of China Ltd., Class H |
4,156,000 |
1,338,554 |
Bank
of Communications Co. Ltd., Class A |
386,100 |
234,362 |
Bank
of Hangzhou Co. Ltd., Class A |
140,600 |
232,054 |
Baoshan
Iron & Steel Co. Ltd., Class A |
257,900 |
169,405 |
Beijing
Enterprises Holdings Ltd. |
50,500 |
128,113 |
BGI
Genomics Co. Ltd., Class A |
4,200 |
31,723 |
Bosideng
International Holdings Ltd. |
522,000 |
225,455 |
BYD
Electronic International Co. Ltd. |
75,500 |
219,402 |
CGN
Power Co. Ltd., Class H (a) |
1,717,000 |
347,809 |
China
CITIC Bank Corp. Ltd., Class H |
1,111,000 |
418,800 |
China
Coal Energy Co. Ltd., Class H |
290,000 |
213,267 |
China
Communications Services Corp. Ltd.,
Class
H |
518,000 |
144,540 |
China
Construction Bank Corp., Class H |
1,935,000 |
1,026,882 |
China
Everbright Bank Co. Ltd., Class H |
304,000 |
78,601 |
China
Feihe Ltd. (a) |
264,000 |
152,079 |
China
Hongqiao Group Ltd. |
347,000 |
245,589 |
China
International Marine Containers Group
Co.
Ltd., Class A |
208,000 |
188,576 |
China
Lesso Group Holdings Ltd. |
147,000 |
119,312 |
China
Longyuan Power Group Corp. Ltd.,
Class
H |
178,000 |
203,395 |
China
Medical System Holdings Ltd. |
239,000 |
261,209 |
China
Merchants Bank Co. Ltd., Class H |
108,500 |
355,218 |
China
Merchants Energy Shipping Co. Ltd.,
Class
A |
191,700 |
182,864 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
157
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
China
Merchants Port Group Co. Ltd., Class A |
47,100 |
89,258 |
China
Merchants Port Holdings Co. Ltd. |
190,000 |
222,755 |
China
Minsheng Banking Corp. Ltd., Class H |
205,300 |
59,624 |
China
National Building Material Co. Ltd.,
Class
H |
412,250 |
239,380 |
China
National Chemical Engineering Co. Ltd.,
Class
A |
101,900 |
98,464 |
China
National Nuclear Power Co. Ltd., Class A |
263,600 |
217,031 |
China
Petroleum & Chemical Corp., Class H |
1,040,000 |
412,180 |
China
Resources Cement Holdings Ltd. |
232,000 |
83,860 |
China
Resources Double Crane
Pharmaceutical
Co. Ltd., Class A |
106,000 |
259,328 |
China
Resources Gas Group Ltd. |
93,800 |
240,238 |
China
Resources Land Ltd. |
84,000 |
262,818 |
China
Resources Pharmaceutical Group
Ltd. (a) |
253,000 |
170,669 |
China
Resources Power Holdings Co. Ltd. |
174,000 |
252,835 |
China
Resources Sanjiu Medical &
Pharmaceutical
Co. Ltd., Class A |
38,800 |
288,682 |
China
Shenhua Energy Co. Ltd., Class H |
257,000 |
675,103 |
China
South Publishing & Media Group Co.
Ltd.,
Class A |
227,000 |
295,369 |
China
Vanke Co. Ltd., Class H |
50,500 |
64,808 |
China
Yangtze Power Co. Ltd., Class A |
151,800 |
420,232 |
Chinese
Universe Publishing and Media Group
Co.
Ltd., Class A |
238,700 |
278,014 |
Chongqing
Changan Automobile Co. Ltd.,
Class
A |
137,230 |
211,261 |
Chongqing
Rural Commercial Bank Co. Ltd.,
Class
H |
178,000 |
53,952 |
CITIC
Ltd. |
441,000 |
394,626 |
Citic
Pacific Special Steel Group Co. Ltd.,
Class
A |
85,276 |
187,136 |
COSCO
SHIPPING Energy Transportation Co.
Ltd.,
Class H * |
80,000 |
58,275 |
COSCO
SHIPPING Holdings Co. Ltd., Class H |
376,350 |
405,582 |
COSCO
SHIPPING Ports Ltd. |
218,000 |
107,505 |
CSG
Holding Co. Ltd., Class A |
119,100 |
111,420 |
CSPC
Pharmaceutical Group Ltd. |
152,000 |
156,129 |
Daan
Gene Co. Ltd., Class A |
73,160 |
178,004 |
Dali
Foods Group Co. Ltd. (a) |
374,000 |
153,951 |
Daqin
Railway Co. Ltd., Class A |
238,200 |
208,108 |
Datang
International Power Generation Co.
Ltd.,
Class H * |
876,000 |
111,475 |
Dongfeng
Motor Group Co. Ltd., Class H |
168,000 |
76,004 |
Dongguan
Development Holdings Co. Ltd.,
Class
A |
112,300 |
134,395 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
ENN
Energy Holdings Ltd. |
62,000 |
616,407 |
Fosun
International Ltd. |
103,576 |
63,296 |
Fujian
Sunner Development Co. Ltd., Class A |
47,900 |
143,387 |
G-bits
Network Technology Xiamen Co. Ltd.,
Class
A |
3,700 |
128,644 |
GD
Power Development Co. Ltd., Class A * |
508,500 |
303,134 |
Great
Wall Motor Co. Ltd., Class H |
283,500 |
309,696 |
Guangdong
Baolihua New Energy Stock Co.
Ltd.,
Class A |
317,300 |
232,527 |
Guangxi
Guiguan Electric Power Co. Ltd.,
Class
A |
241,900 |
206,573 |
Guangzhou
Baiyunshan Pharmaceutical
Holdings
Co. Ltd., Class H |
50,000 |
111,545 |
Guangzhou
Shiyuan Electronic Technology Co.
Ltd.,
Class A |
11,900 |
105,550 |
Haitian
International Holdings Ltd. |
103,000 |
206,222 |
Heilongjiang
Agriculture Co. Ltd., Class A |
154,300 |
290,426 |
Henan
Shuanghui Investment & Development
Co.
Ltd., Class A |
10,500 |
32,624 |
Hopson
Development Holdings Ltd. (b) |
54,852 |
44,023 |
Huabao
Flavours & Fragrances Co. Ltd.,
Class
A |
40,100 |
125,479 |
Huadian
Power International Corp. Ltd.,
Class
H (b) |
576,000 |
172,987 |
Huadong
Medicine Co. Ltd., Class A |
44,300 |
247,939 |
Huaibei
Mining Holdings Co. Ltd., Class A |
92,500 |
164,077 |
Huapont
Life Sciences Co. Ltd., Class A |
251,400 |
180,092 |
Huaxin
Cement Co. Ltd., Class H |
144,300 |
124,603 |
Huayu
Automotive Systems Co. Ltd., Class A |
57,700 |
131,937 |
Hubei
Energy Group Co. Ltd., Class A |
280,100 |
160,041 |
Hubei
Jumpcan Pharmaceutical Co. Ltd.,
Class
A |
54,200 |
240,976 |
Hunan
Valin Steel Co. Ltd., Class A |
213,400 |
116,431 |
Industrial
& Commercial Bank of China Ltd.,
Class
H |
2,521,000 |
1,094,531 |
Inner
Mongolia Dian Tou Energy Corp. Ltd.,
Class
A |
152,816 |
257,533 |
Inner
Mongolia Yitai Coal Co. Ltd., Class B |
167,900 |
237,579 |
Intco
Medical Technology Co. Ltd., Class A |
32,020 |
92,966 |
Jiangling
Motors Corp. Ltd., Class A |
69,100 |
133,644 |
Jiangsu
Expressway Co. Ltd., Class A |
40,800 |
41,462 |
Jiangsu
Hengli Hydraulic Co. Ltd., Class A |
30,256 |
227,561 |
Jiangsu
Yuyue Medical Equipment & Supply
Co.
Ltd., Class A |
49,600 |
219,975 |
Jiangsu
Zhongnan Construction Group Co.
Ltd.,
Class A * |
172,900 |
48,132 |
158
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Jiangsu
Zhongtian Technology Co. Ltd.,
Class
A |
116,100 |
348,190 |
Joincare
Pharmaceutical Group Industry Co.
Ltd.,
Class A |
96,700 |
154,096 |
Jointo
Energy Investment Co. Ltd. Hebei,
Class
A * |
215,300 |
150,644 |
Joyoung
Co. Ltd., Class A |
33,871 |
67,153 |
JOYY,
Inc., ADR |
4,513 |
113,863 |
Kingboard
Holdings Ltd. |
111,000 |
274,021 |
KingClean
Electric Co. Ltd., Class A |
50,318 |
225,031 |
Kunlun
Energy Co. Ltd. |
266,000 |
158,980 |
Kweichow
Moutai Co. Ltd., Class A |
5,100 |
940,352 |
LB
Group Co. Ltd., Class A |
82,600 |
173,435 |
Li
Ning Co. Ltd. |
157,500 |
814,735 |
Livzon
Pharmaceutical Group, Inc., Class A |
30,400 |
146,322 |
Longfor
Group Holdings Ltd. (c) |
55,500 |
70,717 |
Luolai
Lifestyle Technology Co. Ltd., Class A |
80,400 |
103,174 |
Maanshan
Iron & Steel Co. Ltd., Class H |
246,000 |
39,466 |
Metallurgical
Corp. of China Ltd., Class A |
334,600 |
131,586 |
Nanjing
Iron & Steel Co. Ltd., Class A |
403,900 |
168,154 |
Ningbo
Sanxing Medical Electric Co. Ltd.,
Class
A |
87,000 |
163,368 |
Pharmaron
Beijing Co. Ltd., Class H (a) |
4,350 |
14,667 |
Ping
An Insurance Group Co. of China Ltd.,
Class
H |
95,500 |
382,324 |
Postal
Savings Bank of China Co. Ltd.,
Class
H (a) |
714,000 |
331,125 |
Qinhuangdao
Port Co. Ltd., Class A |
374,800 |
134,348 |
Sansteel
Minguang Co. Ltd. Fujian, Class A |
133,600 |
76,580 |
Sany
Heavy Industry Co. Ltd., Class A |
87,900 |
162,256 |
SDIC
Power Holdings Co. Ltd., Class A |
228,400 |
314,304 |
Seazen
Group Ltd. * |
152,000 |
24,416 |
Seazen
Holdings Co. Ltd., Class A * |
39,700 |
71,486 |
Shaanxi
Coal Industry Co. Ltd., Class A |
138,200 |
373,649 |
Shandong
Buchang Pharmaceuticals Co. Ltd.,
Class
A |
56,600 |
148,238 |
Shandong
Chenming Paper Holdings Ltd.,
Class
A * |
233,600 |
149,892 |
Shandong
Hualu Hengsheng Chemical Co.
Ltd.,
Class A |
78,940 |
282,108 |
Shandong
Publishing & Media Co. Ltd., Class A |
282,100 |
228,440 |
Shandong
Weigao Group Medical Polymer Co.
Ltd.,
Class H |
203,600 |
280,517 |
Shanghai
International Port Group Co. Ltd.,
Class
A |
261,700 |
184,640 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Shanghai
Pharmaceuticals Holding Co. Ltd.,
Class
H |
19,400 |
26,292 |
Shanghai
Tunnel Engineering Co. Ltd., Class A |
219,300 |
155,728 |
Shanxi
Lu'an Environmental Energy
Development
Co. Ltd., Class A |
64,700 |
148,300 |
Shenzhen
Jinjia Group Co. Ltd., Class A |
116,600 |
114,394 |
Shenzhen
Mindray Bio-Medical Electronics Co.
Ltd.,
Class A |
8,700 |
386,874 |
Shenzhen
New Nanshan Holding Group Co.
Ltd.,
Class A * |
338,400 |
139,864 |
Shenzhen
Overseas Chinese Town Co. Ltd.,
Class
A |
203,900 |
117,139 |
Shenzhen
Salubris Pharmaceuticals Co. Ltd.,
Class
A |
39,000 |
164,666 |
Sinoma
International Engineering Co., Class A |
75,600 |
88,250 |
Sino-Ocean
Group Holding Ltd. |
412,500 |
27,354 |
Sinopharm
Group Co. Ltd., Class H |
90,400 |
171,499 |
Sinotruk
Hong Kong Ltd. |
148,500 |
132,387 |
Tangshan
Jidong Cement Co. Ltd., Class A ‡ |
93,300 |
96,672 |
TangShan
Port Group Co. Ltd., Class A |
823,400 |
282,023 |
Tian
Di Science & Technology Co. Ltd., Class A |
356,800 |
238,613 |
Tianhe
Chemicals Group Ltd. ‡
* |
20,000 |
— |
Wanxiang
Qianchao Co. Ltd., Class A |
454,000 |
307,363 |
Weichai
Power Co. Ltd., Class A |
129,256 |
160,484 |
Weifu
High-Technology Group Co. Ltd., Class A |
64,600 |
151,577 |
Wuliangye
Yibin Co. Ltd., Class A |
22,800 |
415,705 |
Xiamen
C & D, Inc., Class A |
104,600 |
171,181 |
Xinhua
Winshare Publishing and Media Co.
Ltd.,
Class A |
186,800 |
238,781 |
Xinxing
Ductile Iron Pipes Co. Ltd., Class A |
320,200 |
151,576 |
Yangzijiang
Shipbuilding Holdings Ltd. |
423,600 |
359,097 |
Yankuang
Energy Group Co. Ltd., Class H |
176,000 |
494,827 |
Yintai
Gold Co. Ltd., Class A |
119,120 |
233,340 |
Yuexiu
Property Co. Ltd. |
79,400 |
67,756 |
Yunnan
Baiyao Group Co. Ltd., Class A |
19,160 |
142,577 |
Zhejiang
Expressway Co. Ltd., Class H (b) |
282,000 |
174,956 |
Zhejiang
Hisoar Pharmaceutical Co. Ltd.,
Class
A |
119,500 |
109,029 |
Zhejiang
Sanhua Intelligent Controls Co. Ltd.,
Class
A |
83,080 |
240,755 |
Zhejiang
Semir Garment Co. Ltd., Class A |
156,200 |
95,543 |
Zhejiang
Weixing New Building Materials Co.
Ltd.,
Class A |
63,997 |
151,991 |
Zhengzhou
Coal Mining Machinery Group Co.
Ltd.,
Class A |
151,700 |
256,079 |
Zhongsheng
Group Holdings Ltd. |
55,000 |
208,742 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
159
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Zhuzhou
Kibing Group Co. Ltd., Class A |
97,300 |
104,280 |
Zijin
Mining Group Co. Ltd., Class H |
298,000 |
284,244 |
Zoomlion
Heavy Industry Science and
Technology
Co. Ltd., Class H |
348,800 |
112,408 |
|
|
36,192,014 |
Colombia
— 0.2% | ||
Bancolombia
SA (Preference) |
45,626 |
287,775 |
Grupo
Aval Acciones y Valores SA
(Preference) |
381,469 |
41,401 |
|
|
329,176 |
Czech
Republic — 0.4% | ||
CEZ
A/S |
17,070 |
558,248 |
Moneta
Money Bank A/S (a) |
38,208 |
111,448 |
|
|
669,696 |
Egypt
— 0.1% | ||
Commercial
International Bank Egypt SAE |
59,474 |
79,723 |
Greece
— 1.0% | ||
Hellenic
Telecommunications Organization SA |
32,355 |
508,121 |
JUMBO
SA |
23,106 |
328,188 |
Mytilineos
SA |
26,811 |
449,573 |
OPAP
SA |
34,083 |
417,624 |
|
|
1,703,506 |
Hong
Kong — 0.1% | ||
Kingboard
Laminates Holdings Ltd. |
176,000 |
140,603 |
Nine
Dragons Paper Holdings Ltd. |
11,000 |
6,519 |
|
|
147,122 |
Hungary
— 0.4% | ||
Magyar
Telekom Telecommunications plc |
92,628 |
66,513 |
MOL
Hungarian Oil & Gas plc |
38,436 |
230,774 |
Richter
Gedeon Nyrt. |
17,396 |
344,106 |
|
|
641,393 |
India
— 11.8% | ||
Adani
Power Ltd. * |
65,928 |
267,293 |
Aurobindo
Pharma Ltd. |
13,247 |
86,122 |
Bajaj
Auto Ltd. |
8,425 |
374,093 |
Bajaj
Holdings & Investment Ltd. |
783 |
63,032 |
Bharat
Petroleum Corp. Ltd. |
44,246 |
162,439 |
Castrol
India Ltd. |
13,180 |
19,792 |
Cipla
Ltd. |
32,712 |
461,532 |
Colgate-Palmolive
India Ltd. |
5,339 |
105,353 |
Dabur
India Ltd. |
43,053 |
288,655 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
India
— continued | ||
Divi's
Laboratories Ltd. |
7,286 |
317,817 |
Dr
Reddy's Laboratories Ltd. |
6,999 |
376,733 |
GAIL
India Ltd. |
19,015 |
20,960 |
Glenmark
Pharmaceuticals Ltd. |
7,714 |
37,713 |
HCL
Technologies Ltd. |
47,583 |
599,005 |
Hindalco
Industries Ltd. |
20,511 |
100,485 |
Hindustan
Petroleum Corp. Ltd. |
27,375 |
70,787 |
Hindustan
Unilever Ltd. |
59,070 |
1,822,524 |
Hindustan
Zinc Ltd. |
13,166 |
45,121 |
Housing
Development Finance Corp. Ltd. |
40,786 |
1,219,451 |
ICICI
Lombard General Insurance Co. Ltd. (a) |
2,940 |
41,578 |
Indian
Oil Corp. Ltd. |
97,019 |
80,016 |
Indus
Towers Ltd. |
78,971 |
177,159 |
Infosys
Ltd. |
170,555 |
3,178,817 |
ITC
Ltd. |
227,271 |
958,250 |
Jindal
Steel & Power Ltd. |
19,790 |
109,969 |
JSW
Steel Ltd. |
29,858 |
243,273 |
Mphasis
Ltd. |
2,876 |
68,757 |
Nestle
India Ltd. |
2,013 |
495,701 |
NHPC
Ltd. |
208,938 |
107,570 |
NMDC
Ltd. |
57,455 |
69,216 |
NMDC
Ltd. ‡
* |
54,263 |
25,238 |
NTPC
Ltd. |
183,822 |
384,799 |
Oil
& Natural Gas Corp. Ltd. |
146,277 |
236,293 |
Oil
India Ltd. |
9,540 |
22,209 |
Petronet
LNG Ltd. |
53,308 |
132,427 |
Piramal
Enterprises Ltd. |
4,614 |
47,417 |
Power
Grid Corp. of India Ltd. |
108,155 |
298,408 |
REC
Ltd. |
64,289 |
79,655 |
Reliance
Industries Ltd. |
59,587 |
1,838,663 |
Samvardhana
Motherson International Ltd. |
37,095 |
28,918 |
Steel
Authority of India Ltd. |
74,444 |
70,815 |
Sun
Pharmaceutical Industries Ltd. |
31,379 |
385,546 |
Tata
Consultancy Services Ltd. |
38,057 |
1,468,698 |
Tata
Power Co. Ltd. (The) |
202,532 |
553,691 |
Tata
Steel Ltd. |
411,942 |
505,252 |
Tech
Mahindra Ltd. |
5,858 |
75,339 |
Titan
Co. Ltd. |
12,568 |
419,370 |
Torrent
Power Ltd. |
11,680 |
71,228 |
United
Breweries Ltd. |
2,196 |
43,891 |
UPL
Ltd. |
20,043 |
176,942 |
Vedanta
Ltd. |
107,080 |
362,848 |
160
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
India
— continued | ||
Wipro
Ltd. |
22,528 |
105,419 |
Zydus
Lifesciences Ltd. |
12,791 |
67,031 |
|
|
19,369,310 |
Indonesia
— 3.7% | ||
Adaro
Energy Indonesia Tbk. PT |
2,017,100 |
514,600 |
Astra
International Tbk. PT |
1,523,300 |
650,953 |
Bank
Central Asia Tbk. PT |
1,824,900 |
1,031,575 |
Bukit
Asam Tbk. PT |
1,424,500 |
356,753 |
Charoen
Pokphand Indonesia Tbk. PT |
580,000 |
207,208 |
Gudang
Garam Tbk. PT |
42,500 |
65,668 |
Hanjaya
Mandala Sampoerna Tbk. PT |
1,803,600 |
116,326 |
Indofood
CBP Sukses Makmur Tbk. PT |
145,200 |
90,631 |
Indofood
Sukses Makmur Tbk. PT |
593,200 |
245,445 |
Kalbe
Farma Tbk. PT |
3,002,700 |
394,874 |
Media
Nusantara Citra Tbk. PT * |
2,707,600 |
142,489 |
Perusahaan
Gas Negara Tbk. PT |
2,021,200 |
256,106 |
Sarana
Menara Nusantara Tbk. PT |
3,557,500 |
263,342 |
Telkom
Indonesia Persero Tbk. PT |
3,499,100 |
982,725 |
Unilever
Indonesia Tbk. PT |
362,300 |
107,786 |
United
Tractors Tbk. PT |
174,000 |
359,925 |
XL
Axiata Tbk. PT |
1,304,600 |
210,883 |
|
|
5,997,289 |
Kuwait
— 2.3% | ||
Agility
Public Warehousing Co. KSC |
210,609 |
533,284 |
Humansoft
Holding Co. KSC |
20,599 |
223,597 |
Kuwait
Finance House KSCP |
387,722 |
1,014,017 |
Mobile
Telecommunications Co. KSCP |
291,645 |
563,713 |
National
Bank of Kuwait SAKP |
410,173 |
1,427,451 |
|
|
3,762,062 |
Malaysia
— 2.1% | ||
Astro
Malaysia Holdings Bhd. |
324,900 |
46,385 |
Axiata
Group Bhd. |
259,100 |
155,929 |
DiGi.Com
Bhd. |
315,900 |
253,388 |
Hartalega
Holdings Bhd. |
240,700 |
109,888 |
Hong
Leong Financial Group Bhd. |
8,400 |
33,937 |
Kuala
Lumpur Kepong Bhd. |
24,100 |
110,339 |
Malayan
Banking Bhd. |
43,408 |
78,853 |
Maxis
Bhd. |
412,900 |
336,099 |
Nestle
Malaysia Bhd. |
7,200 |
202,538 |
Petronas
Chemicals Group Bhd. |
227,300 |
419,056 |
Petronas
Gas Bhd. |
117,500 |
424,968 |
PPB
Group Bhd. |
101,060 |
356,855 |
RHB
Bank Bhd. |
101,700 |
123,158 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Malaysia
— continued | ||
Telekom
Malaysia Bhd. |
262,900 |
309,200 |
Tenaga
Nasional Bhd. |
273,900 |
487,767 |
|
|
3,448,360 |
Mexico
— 7.1% | ||
Alfa
SAB de CV, Class A |
687,790 |
456,837 |
America
Movil SAB de CV |
1,354,443 |
1,278,357 |
Arca
Continental SAB de CV |
72,806 |
594,780 |
Banco
del Bajio SA (a) |
45,359 |
127,700 |
Cemex
SAB de CV * |
1,022,269 |
398,320 |
Coca-Cola
Femsa SAB de CV |
73,812 |
464,263 |
El
Puerto de Liverpool SAB de CV, Class C1 |
34,283 |
175,161 |
Fibra
Uno Administracion SA de CV, REIT |
470,916 |
549,755 |
Fomento
Economico Mexicano SAB de CV |
20,443 |
146,660 |
Gruma
SAB de CV, Class B |
39,915 |
460,635 |
Grupo
Aeroportuario del Centro Norte SAB de
CV |
66,343 |
529,056 |
Grupo
Aeroportuario del Pacifico SAB de CV,
Class
B |
41,586 |
645,021 |
Grupo
Aeroportuario del Sureste SAB de CV,
Class
B |
26,454 |
620,820 |
Grupo
Bimbo SAB de CV |
209,589 |
812,524 |
Grupo
Carso SAB de CV |
46,912 |
189,182 |
Grupo
Financiero Banorte SAB de CV, Class O |
203,676 |
1,658,048 |
Grupo
Mexico SAB de CV |
66,326 |
238,918 |
Kimberly-Clark
de Mexico SAB de CV, Class A |
41,627 |
65,593 |
Megacable
Holdings SAB de CV |
94,215 |
196,248 |
Orbia
Advance Corp. SAB de CV |
187,524 |
315,458 |
Promotora
y Operadora de Infraestructura
SAB
de CV |
40,127 |
301,849 |
Qualitas
Controladora SAB de CV |
25,373 |
99,569 |
Sitios
Latinoamerica SAB de CV * |
67,721 |
20,064 |
Wal-Mart
de Mexico SAB de CV |
351,699 |
1,358,655 |
|
|
11,703,473 |
Pakistan
— 0.0% ^ | ||
Oil
& Gas Development Co. Ltd. |
115,306 |
36,645 |
Panama
— 0.0% ^ | ||
BAC
Holding International Corp. * |
353,223 |
14,054 |
Philippines
— 0.6% | ||
Globe
Telecom, Inc. |
4,658 |
187,789 |
Manila
Electric Co. |
40,040 |
208,764 |
Metro
Pacific Investments Corp. |
3,122,200 |
197,192 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
161
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Philippines
— continued | ||
PLDT,
Inc. |
11,335 |
319,647 |
Puregold
Price Club, Inc. |
24,700 |
12,816 |
|
|
926,208 |
Qatar
— 2.3% | ||
Commercial
Bank PSQC (The) |
154,212 |
266,560 |
Industries
Qatar QSC |
155,840 |
674,634 |
Masraf
Al Rayan QSC |
113,913 |
120,023 |
Mesaieed
Petrochemical Holding Co. |
278,891 |
173,942 |
Ooredoo
QPSC |
183,290 |
491,399 |
Qatar
Electricity & Water Co. QSC |
54,315 |
275,864 |
Qatar
Fuel QSC |
39,610 |
207,520 |
Qatar
Gas Transport Co. Ltd. |
458,812 |
516,556 |
Qatar
International Islamic Bank QSC |
34,730 |
110,313 |
Qatar
Islamic Bank SAQ |
96,949 |
648,727 |
Qatar
National Bank QPSC |
22,405 |
122,682 |
Qatar
Navigation QSC |
44,916 |
126,296 |
United
Development Co. QSC |
59,749 |
23,502 |
|
|
3,758,018 |
Russia
— 0.1% | ||
Alrosa
PJSC ‡
* |
200,448 |
4,122 |
Federal
Grid Co. Unified Energy System PJSC ‡
* |
127,925,624 |
2,782 |
Inter
RAO UES PJSC ‡ |
6,142,220 |
4,185 |
LUKOIL
PJSC ‡ |
17,853 |
21,998 |
M.Video
PJSC ‡ |
8,526 |
539 |
Magnit
PJSC ‡ |
7,858 |
5,824 |
Magnitogorsk
Iron & Steel Works PJSC ‡ |
334,440 |
3,866 |
MMC
Norilsk Nickel PJSC ‡ |
3,087 |
14,762 |
Mobile
TeleSystems PJSC ‡ |
120,496 |
6,770 |
Novolipetsk
Steel PJSC ‡ |
155,019 |
6,950 |
PhosAgro
PJSC ‡ |
1,940 |
2,387 |
ROSSETI
PJSC ‡
* |
6,397,653 |
1,040 |
Rostelecom
PJSC ‡ |
157,186 |
2,668 |
RusHydro
PJSC ‡ |
35,715,691 |
5,977 |
Sberbank
of Russia PJSC ‡
* |
537,391 |
16,767 |
Severstal
PAO ‡ |
20,498 |
6,910 |
Sistema
PJSFC ‡
* |
308,352 |
918 |
Surgutneftegas
PJSC (Preference) ‡ |
655,737 |
4,970 |
Tatneft
PJSC ‡ |
17,275 |
1,549 |
Unipro
PJSC ‡ |
4,941,067 |
1,948 |
|
|
116,932 |
Saudi
Arabia — 6.4% | ||
Abdullah
Al Othaim Markets Co. |
5,516 |
166,637 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Saudi
Arabia — continued | ||
ACWA
Power Co. |
2,763 |
127,901 |
Al
Rajhi Bank * |
14,066 |
318,959 |
Alinma
Bank |
74,588 |
744,088 |
Almarai
Co. JSC |
24,982 |
374,109 |
Arab
National Bank |
18,657 |
160,204 |
Arabian
Internet & Communications Services
Co. |
6,005 |
396,067 |
Bank
Al-Jazira |
49,043 |
305,131 |
Banque
Saudi Fransi |
17,736 |
203,875 |
Dr
Sulaiman Al Habib Medical Services Group
Co. |
9,685 |
584,227 |
Elm
Co. |
3,123 |
274,471 |
Etihad
Etisalat Co. |
55,697 |
542,242 |
Jarir
Marketing Co. |
10,803 |
471,212 |
Mouwasat
Medical Services Co. |
5,970 |
347,532 |
Riyad
Bank |
47,695 |
455,840 |
SABIC
Agri-Nutrients Co. |
15,615 |
659,764 |
Sahara
International Petrochemical Co. |
37,168 |
400,146 |
Saudi
Airlines Catering Co. * |
17,543 |
361,259 |
Saudi
Arabian Mining Co. * |
17,269 |
384,377 |
Saudi
Arabian Oil Co. (a) |
136,075 |
1,262,847 |
Saudi
Cement Co. |
20,176 |
286,163 |
Saudi
Electricity Co. |
91,911 |
659,966 |
Saudi
Ground Services Co. * |
17,574 |
121,677 |
Saudi
Investment Bank (The) |
50,515 |
243,684 |
Saudi
Telecom Co. |
23,936 |
257,164 |
Yanbu
Cement Co. |
27,396 |
303,885 |
|
|
10,413,427 |
Singapore
— 0.1% | ||
Yangzijiang
Financial Holding Ltd. * |
393,600 |
86,187 |
South
Africa — 5.5% | ||
African
Rainbow Minerals Ltd. |
27,112 |
381,778 |
Anglo
American Platinum Ltd. |
4,963 |
395,184 |
Aspen
Pharmacare Holdings Ltd. |
37,384 |
307,518 |
AVI
Ltd. |
86,295 |
345,654 |
Bidvest
Group Ltd. (The) |
44,763 |
517,795 |
Clicks
Group Ltd. |
4,261 |
72,201 |
Distell
Group Holdings Ltd. * |
17,130 |
161,921 |
Exxaro
Resources Ltd. |
37,145 |
413,915 |
Foschini
Group Ltd. (The) |
58,235 |
364,098 |
Impala
Platinum Holdings Ltd. |
55,776 |
571,072 |
Investec
Ltd. |
26,788 |
131,762 |
Life
Healthcare Group Holdings Ltd. |
83,924 |
90,235 |
MTN
Group Ltd. |
133,012 |
940,057 |
162
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
South
Africa — continued | ||
MultiChoice
Group |
62,145 |
406,084 |
Nedbank
Group Ltd. |
36,142 |
428,067 |
Netcare
Ltd. |
96,775 |
82,309 |
Pepkor
Holdings Ltd. (a) |
329,759 |
406,976 |
Pick
n Pay Stores Ltd. |
79,116 |
254,291 |
Royal
Bafokeng Platinum Ltd. |
9,793 |
78,728 |
Shoprite
Holdings Ltd. |
51,734 |
658,499 |
Sibanye
Stillwater Ltd. |
145,289 |
340,299 |
SPAR
Group Ltd. (The) |
7,060 |
59,862 |
Tiger
Brands Ltd. |
28,346 |
287,075 |
Truworths
International Ltd. |
120,891 |
344,039 |
Vodacom
Group Ltd. |
71,395 |
486,308 |
Woolworths
Holdings Ltd. |
135,857 |
465,880 |
|
|
8,991,607 |
Taiwan
— 9.9% | ||
Asia
Cement Corp. |
219,000 |
253,226 |
Capital
Securities Corp. |
467,000 |
144,670 |
Cheng
Shin Rubber Industry Co. Ltd. |
349,000 |
349,170 |
Chicony
Electronics Co. Ltd. |
25,551 |
63,390 |
China
Airlines Ltd. |
572,000 |
299,430 |
China
Motor Corp. |
59,000 |
76,361 |
China
Steel Corp. |
158,000 |
131,522 |
Chunghwa
Telecom Co. Ltd. |
284,000 |
979,208 |
CTBC
Financial Holding Co. Ltd. |
1,396,395 |
882,154 |
E.Sun
Financial Holding Co. Ltd. |
877,216 |
630,424 |
Eva
Airways Corp. |
358,000 |
258,520 |
Evergreen
Marine Corp. Taiwan Ltd. |
89,800 |
382,037 |
Far
Eastern New Century Corp. |
464,000 |
462,472 |
Far
EasTone Telecommunications Co. Ltd. |
178,000 |
390,283 |
Feng
TAY Enterprise Co. Ltd. |
27,000 |
134,090 |
First
Financial Holding Co. Ltd. |
733,357 |
562,560 |
Formosa
Chemicals & Fibre Corp. |
132,000 |
284,523 |
Formosa
Taffeta Co. Ltd. |
183,000 |
145,518 |
Fubon
Financial Holding Co. Ltd. |
160,185 |
253,018 |
Globalwafers
Co. Ltd. |
14,000 |
155,175 |
Hotai
Motor Co. Ltd. |
15,000 |
271,387 |
Lite-On
Technology Corp. |
186,000 |
368,323 |
Mega
Financial Holding Co. Ltd. |
770,013 |
713,377 |
Nan
Ya Plastics Corp. |
412,000 |
872,963 |
Nien
Made Enterprise Co. Ltd. |
35,000 |
269,866 |
Novatek
Microelectronics Corp. |
11,000 |
81,958 |
Pou
Chen Corp. |
448,000 |
378,206 |
President
Chain Store Corp. |
68,000 |
565,420 |
Realtek
Semiconductor Corp. |
40,000 |
315,331 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Taiwan
— continued | ||
SinoPac
Financial Holdings Co. Ltd. |
1,159,275 |
578,426 |
Taiwan
Cooperative Financial Holding Co. Ltd. |
697,819 |
540,679 |
Taiwan
Fertilizer Co. Ltd. |
204,000 |
330,745 |
Taiwan
Mobile Co. Ltd. |
191,000 |
563,180 |
Taiwan
Semiconductor Manufacturing Co. Ltd. |
143,000 |
1,719,175 |
Uni-President
Enterprises Corp. |
404,000 |
820,427 |
Yang
Ming Marine Transport Corp. |
143,000 |
266,213 |
Yuanta
Financial Holding Co. Ltd. |
1,087,529 |
664,054 |
Yulon
Motor Co. Ltd. |
96,000 |
135,616 |
|
|
16,293,097 |
Thailand
— 2.3% | ||
Advanced
Info Service PCL |
112,700 |
566,319 |
Bangkok
Dusit Medical Services PCL, Class F |
273,000 |
211,888 |
Bumrungrad
Hospital PCL |
54,400 |
324,280 |
Digital
Telecommunications Infrastructure
Fund,
Class F |
890,000 |
315,686 |
Electricity
Generating PCL |
35,500 |
159,160 |
Home
Product Center PCL |
774,400 |
297,586 |
Intouch
Holdings PCL, NVDR |
158,000 |
299,109 |
Krung
Thai Bank PCL |
1,059,300 |
488,116 |
PTT
Exploration & Production PCL |
147,600 |
699,995 |
Ratch
Group PCL |
95,200 |
102,483 |
Sri
Trang Gloves Thailand PCL, NVDR |
76,500 |
22,350 |
Thai
Union Group PCL, Class F |
236,600 |
111,977 |
Total
Access Communication PCL |
49,600 |
58,747 |
Total
Access Communication PCL, NVDR |
124,000 |
146,867 |
|
|
3,804,563 |
Turkey
— 6.7% | ||
AG
Anadolu Grubu Holding A/S |
77,224 |
356,991 |
Aksa
Enerji Uretim A/S |
148,674 |
330,666 |
Alarko
Holding A/S |
125,790 |
434,105 |
Anadolu
Efes Biracilik ve Malt Sanayii A/S |
164,975 |
424,503 |
Arcelik
A/S |
83,598 |
353,323 |
Aselsan
Elektronik Sanayi ve Ticaret A/S |
263,533 |
456,243 |
Aygaz
A/S |
43,776 |
138,593 |
BIM
Birlesik Magazalar A/S |
81,855 |
589,346 |
Coca-Cola
Icecek A/S |
42,582 |
393,299 |
Dogan
Sirketler Grubu Holding A/S |
1,193,047 |
381,649 |
Dogus
Otomotiv Servis ve Ticaret A/S |
35,316 |
232,692 |
EIS
Eczacibasi Ilac ve Sinai ve Finansal
Yatirimlar
Sanayi ve Ticaret A/S |
211,258 |
225,699 |
Enerjisa
Enerji A/S (a) |
312,387 |
344,231 |
Enka
Insaat ve Sanayi A/S |
392,083 |
394,924 |
Eregli
Demir ve Celik Fabrikalari TAS |
211,480 |
337,025 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
163
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Turkey
— continued | ||
Ford
Otomotiv Sanayi A/S |
22,262 |
434,489 |
Haci
Omer Sabanci Holding A/S |
223,584 |
402,654 |
Iskenderun
Demir ve Celik A/S |
55,538 |
75,987 |
KOC
Holding A/S |
131,047 |
390,928 |
Koza
Altin Isletmeleri A/S |
17,918 |
187,412 |
Koza
Anadolu Metal Madencilik Isletmeleri
A/S * |
146,099 |
250,127 |
Otokar
Otomotiv ve Savunma Sanayi AS |
6,473 |
183,957 |
Oyak
Cimento Fabrikalari A/S * |
301,163 |
271,969 |
TAV
Havalimanlari Holding A/S * |
111,724 |
470,573 |
Tekfen
Holding A/S |
113,969 |
202,095 |
Tofas
Turk Otomobil Fabrikasi A/S |
75,234 |
396,962 |
Turk
Hava Yollari AO * |
117,622 |
640,190 |
Turk
Telekomunikasyon A/S |
610,061 |
406,555 |
Turk
Traktor ve Ziraat Makineleri A/S |
10,399 |
212,577 |
Turkcell
Iletisim Hizmetleri A/S |
352,608 |
486,682 |
Turkiye
Sise ve Cam Fabrikalari A/S |
330,627 |
589,535 |
|
|
10,995,981 |
United
Arab Emirates — 3.1% | ||
Abu
Dhabi Commercial Bank PJSC |
239,956 |
617,687 |
Abu
Dhabi Islamic Bank PJSC |
134,029 |
346,787 |
Abu
Dhabi Ports Co. PJSC * |
158,974 |
245,611 |
Air
Arabia PJSC |
309,171 |
171,718 |
Aldar
Properties PJSC |
360,420 |
423,952 |
Alpha
Dhabi Holding PJSC * |
81,518 |
543,734 |
Dubai
Islamic Bank PJSC |
261,397 |
414,125 |
Emirates
Telecommunications Group Co. PJSC |
206,279 |
1,449,742 |
First
Abu Dhabi Bank PJSC |
190,611 |
929,564 |
|
|
5,142,920 |
United
States — 0.3% | ||
JBS
SA |
114,014 |
551,143 |
Total
Common Stocks
(Cost
$175,358,922) |
|
163,499,769 |
|
NO.
OF
RIGHTS |
|
Rights
— 0.0% | ||
Thailand
— 0.0% ^ | ||
Thai
Union Group PCL, expiring
12/31/2022(Cost
$—) |
6,708 |
— |
INVESTMENTS |
SHARES |
VALUE($) |
Short-Term
Investments — 0.1% | ||
Investment
of Cash Collateral from Securities Loaned — 0.1% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (d)
(e)(Cost
$182,157) |
182,157 |
182,157 |
Total
Investments — 99.9%
(Cost
$175,541,079) |
|
163,681,926 |
Other
Assets Less Liabilities — 0.1% |
|
244,300 |
NET
ASSETS — 100.0% |
|
163,926,226 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
ADR |
American
Depositary Receipt |
JSC |
Joint
Stock Company |
NVDR |
Non-Voting
Depositary Receipt |
PJSC |
Public
Joint Stock Company |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
PT |
Limited
liability company |
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(b) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $160,016. |
|
(c) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(d) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(e) |
The
rate shown is the current yield as of October 31,
2022. |
|
164
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
16.0% |
Oil,
Gas & Consumable Fuels |
7.3 |
Metals
& Mining |
6.2 |
Wireless
Telecommunication Services |
5.0 |
Food
Products |
4.2 |
Electric
Utilities |
4.1 |
IT
Services |
4.0 |
Diversified
Telecommunication Services |
3.9 |
Industrial
Conglomerates |
3.6 |
Independent
Power and Renewable Electricity Producers |
3.3 |
Pharmaceuticals |
3.1 |
Transportation
Infrastructure |
3.0 |
Beverages |
2.8 |
Chemicals |
2.8 |
Food
& Staples Retailing |
2.5 |
Specialty
Retail |
2.0 |
Automobiles |
1.8 |
Machinery |
1.6 |
Textiles,
Apparel & Luxury Goods |
1.6 |
Construction
Materials |
1.5 |
Personal
Products |
1.5 |
Semiconductors
& Semiconductor Equipment |
1.4 |
Diversified
Financial Services |
1.4 |
Health
Care Providers & Services |
1.3 |
Gas
Utilities |
1.2 |
Media |
1.0 |
Others
(each less than 1.0%) |
11.8 |
Short-Term
Investments |
0.1 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
165
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
Emerging Markets E-Mini Index |
3 |
12/16/2022 |
USD |
128,115 |
654 |
Abbreviations |
|
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
166
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.4% | ||
Australia
— 10.7% | ||
AGL
Energy Ltd. |
523,203 |
2,279,485 |
Altium
Ltd. |
53,984 |
1,218,921 |
Alumina
Ltd. |
1,474,211 |
1,274,082 |
Ampol
Ltd. |
87,550 |
1,527,032 |
Ansell
Ltd. |
109,193 |
1,971,273 |
APA
Group |
308,064 |
2,074,007 |
Aurizon
Holdings Ltd. |
240,848 |
558,133 |
Australia
& New Zealand Banking Group Ltd. |
28,032 |
459,269 |
BHP
Group Ltd. |
91,755 |
2,203,974 |
BlueScope
Steel Ltd. |
78,372 |
789,205 |
Charter
Hall Group, REIT |
71,773 |
595,777 |
Cochlear
Ltd. |
7,692 |
982,604 |
Coles
Group Ltd. |
240,213 |
2,511,587 |
CSR
Ltd. |
544,470 |
1,612,869 |
Dexus,
REIT |
426,546 |
2,125,523 |
Endeavour
Group Ltd. |
213,003 |
974,980 |
Flutter
Entertainment plc * |
9,245 |
1,225,344 |
Fortescue
Metals Group Ltd. |
167,960 |
1,582,352 |
Glencore
plc |
532,607 |
3,053,475 |
GPT
Group (The), REIT |
783,001 |
2,163,875 |
Harvey
Norman Holdings Ltd. |
506,343 |
1,347,019 |
Iluka
Resources Ltd. |
68,299 |
378,413 |
Incitec
Pivot Ltd. |
471,790 |
1,134,632 |
JB
Hi-Fi Ltd. |
70,243 |
1,925,499 |
Lottery
Corp. Ltd. (The) * |
644,321 |
1,767,610 |
Macquarie
Group Ltd. |
2,700 |
292,904 |
Metcash
Ltd. |
703,069 |
1,845,648 |
Mirvac
Group, REIT |
1,069,172 |
1,416,617 |
Origin
Energy Ltd. |
683,532 |
2,441,973 |
Ramsay
Health Care Ltd. |
53,664 |
2,012,892 |
REA
Group Ltd. |
680 |
52,704 |
Rio
Tinto Ltd. |
35,662 |
2,023,805 |
Rio
Tinto plc |
45,907 |
2,399,176 |
Santos
Ltd. |
534,788 |
2,610,653 |
Sonic
Healthcare Ltd. |
119,178 |
2,495,049 |
South32
Ltd. |
786,516 |
1,804,480 |
Stockland,
REIT |
227,972 |
525,270 |
Tabcorp
Holdings Ltd. |
1,307,054 |
806,950 |
Telstra
Group Ltd. |
689,484 |
1,728,831 |
TPG
Telecom Ltd. |
34,395 |
107,897 |
Treasury
Wine Estates Ltd. |
84,685 |
701,765 |
Vicinity
Ltd., REIT |
547,849 |
682,984 |
Wesfarmers
Ltd. |
79,482 |
2,306,492 |
Whitehaven
Coal Ltd. |
234,621 |
1,362,867 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Australia
— continued | ||
WiseTech
Global Ltd. |
23,407 |
865,661 |
Woodside
Energy Group Ltd. |
125,662 |
2,905,113 |
Woolworths
Group Ltd. |
113,055 |
2,387,472 |
|
|
71,514,143 |
Austria
— 0.6% | ||
Mondi
plc |
170,381 |
2,858,733 |
OMV
AG |
31,546 |
1,452,485 |
|
|
4,311,218 |
Belgium
— 0.4% | ||
D'ieteren
Group |
2,542 |
423,060 |
Etablissements
Franz Colruyt NV |
6,500 |
156,677 |
Groupe
Bruxelles Lambert NV |
7,603 |
560,542 |
Proximus
SADP |
117,570 |
1,232,572 |
|
|
2,372,851 |
Brazil
— 0.4% | ||
Yara
International ASA |
60,080 |
2,681,457 |
Cambodia
— 0.0% ^ | ||
NagaCorp
Ltd. * |
133,231 |
60,758 |
Chile
— 0.3% | ||
Antofagasta
plc |
167,469 |
2,256,715 |
China
— 1.4% | ||
Budweiser
Brewing Co. APAC Ltd. (a) |
201,300 |
423,681 |
Chow
Tai Fook Jewellery Group Ltd. |
261,200 |
447,194 |
Lenovo
Group Ltd. |
3,576,000 |
2,857,967 |
SITC
International Holdings Co. Ltd. |
214,000 |
350,489 |
Want
Want China Holdings Ltd. |
2,546,000 |
1,672,430 |
Wilmar
International Ltd. |
795,000 |
2,177,945 |
Xinyi
Glass Holdings Ltd. |
963,000 |
1,237,605 |
|
|
9,167,311 |
Denmark
— 0.7% | ||
Carlsberg
A/S, Class B |
11,346 |
1,335,943 |
DSV
A/S |
606 |
81,888 |
Novo
Nordisk A/S, Class B |
27,686 |
3,010,333 |
|
|
4,428,164 |
Finland
— 1.6% | ||
Elisa
OYJ |
48,482 |
2,342,958 |
Fortum
OYJ |
130,558 |
1,837,511 |
Kesko
OYJ, Class B |
104,647 |
2,036,501 |
Orion
OYJ, Class B |
15,269 |
702,653 |
Stora
Enso OYJ, Class R |
132,161 |
1,723,222 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
167
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Finland
— continued | ||
UPM-Kymmene
OYJ |
60,316 |
2,027,671 |
Valmet
OYJ |
17,112 |
389,182 |
|
|
11,059,698 |
France
— 4.2% | ||
Air
Liquide SA |
4,960 |
648,836 |
Arkema
SA |
21,067 |
1,667,202 |
Capgemini
SE |
16,303 |
2,671,912 |
Carrefour
SA |
127,088 |
2,045,539 |
Covivio,
REIT |
12,017 |
643,410 |
Eiffage
SA |
28,445 |
2,572,048 |
EssilorLuxottica
SA |
2,479 |
392,000 |
Gecina
SA, REIT |
22,770 |
2,030,039 |
Klepierre
SA, REIT * |
107,721 |
2,165,004 |
Orange
SA |
208,728 |
1,988,743 |
Pernod
Ricard SA |
15,240 |
2,674,792 |
Publicis
Groupe SA |
31,881 |
1,785,476 |
Sanofi |
8,756 |
753,523 |
TotalEnergies
SE |
43,009 |
2,346,286 |
Unibail-Rodamco-Westfield,
REIT * |
8,397 |
396,839 |
Vinci
SA |
22,866 |
2,104,519 |
Vivendi
SE |
166,116 |
1,359,656 |
|
|
28,245,824 |
Germany
— 2.5% | ||
Aroundtown
SA |
116,384 |
230,702 |
Bayerische
Motoren Werke AG |
11,999 |
941,825 |
Covestro
AG (a) |
14,949 |
507,459 |
Daimler
Truck Holding AG * |
25,116 |
669,909 |
Deutsche
Telekom AG (Registered) |
152,142 |
2,871,756 |
E.ON
SE |
51,167 |
428,472 |
Evonik
Industries AG |
27,124 |
499,671 |
Fresenius
Medical Care AG & Co. KGaA |
36,281 |
1,003,554 |
Hannover
Rueck SE |
3,287 |
534,874 |
Hella
GmbH & Co. KGaA |
7,275 |
567,949 |
Infineon
Technologies AG |
11,259 |
273,205 |
LEG
Immobilien SE |
14,458 |
943,894 |
Mercedes-Benz
Group AG |
42,430 |
2,455,916 |
Merck
KGaA |
8,732 |
1,423,012 |
SAP
SE |
20,944 |
2,015,920 |
Telefonica
Deutschland Holding AG |
612,726 |
1,335,069 |
Uniper
SE (b) |
46,706 |
139,812 |
|
|
16,842,999 |
Hong
Kong — 2.9% | ||
ASMPT
Ltd. |
107,100 |
589,104 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hong
Kong — continued | ||
CK
Asset Holdings Ltd. |
383,000 |
2,117,443 |
CK
Infrastructure Holdings Ltd. |
470,000 |
2,232,841 |
CLP
Holdings Ltd. |
327,000 |
2,194,761 |
Hong
Kong & China Gas Co. Ltd. |
737,393 |
568,360 |
Hutchison
Port Holdings Trust |
2,985,000 |
487,525 |
Link,
REIT |
217,100 |
1,283,195 |
MTR
Corp. Ltd. |
221,500 |
974,642 |
New
World Development Co. Ltd. |
122,750 |
251,082 |
Orient
Overseas International Ltd. |
46,000 |
672,205 |
PCCW
Ltd. |
3,409,000 |
1,302,414 |
Power
Assets Holdings Ltd. |
496,000 |
2,371,648 |
Sun
Hung Kai Properties Ltd. |
179,500 |
1,928,965 |
Swire
Pacific Ltd., Class A |
97,500 |
646,768 |
WH
Group Ltd. (a) |
3,272,500 |
1,652,649 |
Yue
Yuen Industrial Holdings Ltd. |
405,000 |
411,742 |
|
|
19,685,344 |
Indonesia
— 0.2% | ||
First
Pacific Co. Ltd. |
446,000 |
118,103 |
Golden
Agri-Resources Ltd. |
5,083,200 |
1,042,357 |
|
|
1,160,460 |
Ireland
— 0.4% | ||
CRH
plc |
48,690 |
1,753,709 |
Smurfit
Kappa Group plc |
24,907 |
824,496 |
|
|
2,578,205 |
Italy
— 2.1% | ||
A2A
SpA |
489,211 |
542,456 |
Assicurazioni
Generali SpA |
53,249 |
799,114 |
Banca
Mediolanum SpA |
68,814 |
514,860 |
Coca-Cola
HBC AG |
111,861 |
2,443,417 |
Davide
Campari-Milano NV |
89,646 |
805,050 |
Eni
SpA |
76,991 |
1,011,179 |
Italgas
SpA |
364,289 |
1,876,909 |
Poste
Italiane SpA (a) |
175,302 |
1,527,629 |
Recordati
Industria Chimica e Farmaceutica SpA |
32,219 |
1,210,517 |
Snam
SpA |
294,315 |
1,308,676 |
Telecom
Italia SpA * |
506,331 |
99,060 |
Terna
- Rete Elettrica Nazionale |
243,704 |
1,616,164 |
|
|
13,755,031 |
Japan
— 30.1% | ||
Activia
Properties, Inc., REIT |
216 |
639,804 |
Advance
Residence Investment Corp., REIT |
255 |
593,682 |
Advantest
Corp. |
5,900 |
310,585 |
168
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Aeon
Mall Co. Ltd. |
23,800 |
258,910 |
AEON
REIT Investment Corp., REIT |
513 |
552,309 |
AGC,
Inc. |
27,200 |
852,311 |
Ajinomoto
Co., Inc. |
106,100 |
2,918,092 |
Alfresa
Holdings Corp. |
84,300 |
970,536 |
Anritsu
Corp. |
144,900 |
1,458,400 |
Aozora
Bank Ltd. |
29,700 |
510,892 |
Asahi
Group Holdings Ltd. |
56,800 |
1,589,306 |
Astellas
Pharma, Inc. |
203,300 |
2,805,171 |
Brother
Industries Ltd. |
40,600 |
691,658 |
Canon
Marketing Japan, Inc. |
60,700 |
1,280,891 |
Canon,
Inc. |
69,700 |
1,477,465 |
Capcom
Co. Ltd. |
84,200 |
2,342,020 |
Casio
Computer Co. Ltd. |
39,100 |
339,847 |
Chubu
Electric Power Co., Inc. |
282,300 |
2,297,901 |
Chugai
Pharmaceutical Co. Ltd. |
74,100 |
1,717,035 |
COMSYS
Holdings Corp. |
82,000 |
1,343,396 |
Cosmo
Energy Holdings Co. Ltd. |
100,300 |
2,583,664 |
Cosmos
Pharmaceutical Corp. |
5,900 |
570,617 |
CyberAgent,
Inc. |
162,100 |
1,331,681 |
Dai
Nippon Printing Co. Ltd. |
47,600 |
953,463 |
Daito
Trust Construction Co. Ltd. |
29,600 |
2,931,104 |
Daiwa
House REIT Investment Corp., REIT |
746 |
1,505,649 |
Daiwa
Securities Group, Inc. |
530,800 |
2,071,008 |
Denka
Co. Ltd. |
12,400 |
287,259 |
DIC
Corp. |
35,100 |
589,342 |
Dowa
Holdings Co. Ltd. |
11,000 |
349,272 |
Electric
Power Development Co. Ltd. |
180,400 |
2,508,949 |
ENEOS
Holdings, Inc. |
223,400 |
736,920 |
Fuji
Media Holdings, Inc. |
18,200 |
126,583 |
FUJIFILM
Holdings Corp. |
45,500 |
2,081,620 |
Fujitsu
Ltd. |
20,700 |
2,381,712 |
Fukuoka
Financial Group, Inc. |
22,300 |
379,448 |
H.U.
Group Holdings, Inc. |
69,000 |
1,284,422 |
Hachijuni
Bank Ltd. (The) |
132,400 |
422,245 |
Hikari
Tsushin, Inc. |
5,300 |
640,211 |
Hoya
Corp. |
600 |
55,777 |
Idemitsu
Kosan Co. Ltd. |
81,637 |
1,786,237 |
Iida
Group Holdings Co. Ltd. |
39,500 |
548,472 |
Industrial
& Infrastructure Fund Investment
Corp.,
REIT |
58 |
61,256 |
Inpex
Corp. |
258,800 |
2,611,912 |
ITOCHU
Corp. |
93,800 |
2,424,219 |
Itochu
Techno-Solutions Corp. |
25,000 |
579,594 |
Iwatani
Corp. |
37,700 |
1,388,168 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Japan
Metropolitan Fund Invest, REIT |
1,899 |
1,399,049 |
Japan
Post Holdings Co. Ltd. |
277,300 |
1,864,726 |
Japan
Post Insurance Co. Ltd. |
131,700 |
1,949,576 |
Japan
Real Estate Investment Corp., REIT |
16 |
67,045 |
Japan
Tobacco, Inc. |
170,700 |
2,858,787 |
Kajima
Corp. |
62,300 |
586,442 |
Kaken
Pharmaceutical Co. Ltd. |
15,800 |
404,405 |
Kaneka
Corp. |
9,400 |
233,094 |
Kansai
Electric Power Co., Inc. (The) |
301,500 |
2,283,942 |
Kawasaki
Kisen Kaisha Ltd. |
51,600 |
782,422 |
KDDI
Corp. |
92,700 |
2,739,931 |
Kikkoman
Corp. |
6,400 |
346,817 |
Kinden
Corp. |
48,500 |
493,505 |
Kirin
Holdings Co. Ltd. |
59,100 |
868,766 |
K's
Holdings Corp. |
188,900 |
1,480,299 |
Kyowa
Kirin Co. Ltd. |
115,500 |
2,720,222 |
Kyushu
Electric Power Co., Inc. |
313,200 |
1,550,677 |
Lawson,
Inc. |
50,600 |
1,616,519 |
Lintec
Corp. |
54,400 |
816,196 |
Mani,
Inc. |
24,100 |
351,079 |
Marubeni
Corp. |
288,900 |
2,529,007 |
Matsui
Securities Co. Ltd. |
62,600 |
333,368 |
MatsukiyoCocokara
& Co. |
28,000 |
1,019,442 |
Mebuki
Financial Group, Inc. |
176,200 |
342,654 |
Medipal
Holdings Corp. |
105,200 |
1,304,275 |
MEIJI
Holdings Co. Ltd. |
61,300 |
2,522,441 |
Mitsubishi
Chemical Group Corp. |
250,400 |
1,131,145 |
Mitsubishi
Corp. |
34,000 |
921,022 |
Mitsubishi
Estate Co. Ltd. |
18,200 |
228,870 |
Mitsubishi
Gas Chemical Co., Inc. |
49,300 |
626,466 |
Mitsubishi
HC Capital, Inc. |
400,500 |
1,718,569 |
Mitsubishi
UFJ Financial Group, Inc. |
241,400 |
1,140,338 |
Mitsui
& Co. Ltd. |
127,100 |
2,812,620 |
Mitsui
Fudosan Co. Ltd. |
89,300 |
1,709,950 |
Mitsui
Fudosan Logistics Park, Inc., REIT |
38 |
126,079 |
Mitsui
Mining & Smelting Co. Ltd. |
50,700 |
1,024,018 |
Morinaga
Milk Industry Co. Ltd. |
15,900 |
451,088 |
MS&AD
Insurance Group Holdings, Inc. |
36,800 |
974,508 |
NH
Foods Ltd. |
29,800 |
710,179 |
Nifco,
Inc. |
9,400 |
218,310 |
Nintendo
Co. Ltd. |
59,300 |
2,407,526 |
Nippon
Electric Glass Co. Ltd. |
75,700 |
1,310,791 |
Nippon
Shinyaku Co. Ltd. |
17,300 |
957,836 |
Nippon
Shokubai Co. Ltd. |
12,000 |
430,449 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
169
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Nippon
Steel Corp. |
185,200 |
2,540,671 |
Nippon
Telegraph & Telephone Corp. |
106,500 |
2,937,345 |
Nippon
Yusen KK |
89,400 |
1,619,434 |
Nisshin
Seifun Group, Inc. |
45,100 |
487,334 |
Nissin
Foods Holdings Co. Ltd. |
24,600 |
1,592,331 |
Nitto
Denko Corp. |
38,200 |
2,012,596 |
NOF
Corp. |
16,000 |
550,343 |
Nomura
Holdings, Inc. |
42,800 |
138,499 |
Nomura
Real Estate Holdings, Inc. |
103,700 |
2,344,015 |
Nomura
Research Institute Ltd. |
81,700 |
1,808,038 |
Obayashi
Corp. |
112,200 |
720,175 |
Ono
Pharmaceutical Co. Ltd. |
106,300 |
2,501,617 |
Open
House Group Co. Ltd. |
75,300 |
2,678,377 |
ORIX
Corp. |
159,900 |
2,348,564 |
Osaka
Gas Co. Ltd. |
178,800 |
2,647,616 |
Otsuka
Holdings Co. Ltd. |
49,700 |
1,593,109 |
Resona
Holdings, Inc. |
475,000 |
1,790,253 |
Rinnai
Corp. |
5,500 |
374,359 |
Sankyo
Co. Ltd. |
31,500 |
1,040,189 |
Sapporo
Holdings Ltd. |
18,500 |
408,051 |
Sawai
Group Holdings Co. Ltd. |
27,100 |
782,247 |
SBI
Holdings, Inc. |
69,800 |
1,260,872 |
SCREEN
Holdings Co. Ltd. |
35,700 |
1,959,463 |
SCSK
Corp. |
51,000 |
752,427 |
Sekisui
Chemical Co. Ltd. |
54,600 |
681,847 |
Sekisui
House Ltd. |
82,900 |
1,376,372 |
Sekisui
House REIT, Inc., REIT |
656 |
353,483 |
Shimamura
Co. Ltd. |
8,700 |
703,547 |
Shionogi
& Co. Ltd. |
47,600 |
2,210,413 |
Ship
Healthcare Holdings, Inc. |
21,300 |
408,510 |
Skylark
Holdings Co. Ltd. |
70,600 |
753,123 |
SoftBank
Corp. |
246,200 |
2,428,612 |
SoftBank
Group Corp. |
54,700 |
2,348,064 |
Sojitz
Corp. |
151,420 |
2,232,229 |
Sony
Group Corp. |
16,400 |
1,105,928 |
Sugi
Holdings Co. Ltd. |
21,800 |
874,291 |
Sumitomo
Chemical Co. Ltd. |
746,100 |
2,512,313 |
Sumitomo
Mitsui Financial Group, Inc. |
59,400 |
1,668,045 |
Sumitomo
Pharma Co. Ltd. |
159,700 |
1,112,456 |
Suntory
Beverage & Food Ltd. |
59,400 |
1,987,329 |
Suzuken
Co. Ltd. |
23,900 |
532,104 |
Taisho
Pharmaceutical Holdings Co. Ltd. |
4,000 |
144,272 |
Takeda
Pharmaceutical Co. Ltd. |
87,200 |
2,302,865 |
Teijin
Ltd. |
82,400 |
748,110 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
TIS,
Inc. |
6,000 |
161,770 |
Toho
Gas Co. Ltd. |
28,200 |
525,417 |
Tohoku
Electric Power Co., Inc. |
261,600 |
1,098,827 |
Tokyo
Electric Power Co. Holdings, Inc. * |
755,100 |
2,459,788 |
Tokyo
Electron Ltd. |
6,800 |
1,789,057 |
Tokyo
Gas Co. Ltd. |
158,600 |
2,834,419 |
Tokyo
Tatemono Co. Ltd. |
99,000 |
1,361,481 |
Tosoh
Corp. |
102,100 |
1,110,796 |
Toyo
Suisan Kaisha Ltd. |
64,400 |
2,416,108 |
Toyota
Boshoku Corp. |
27,600 |
351,199 |
Toyota
Industries Corp. |
30,700 |
1,581,517 |
Trend
Micro, Inc. |
11,600 |
584,913 |
Tsumura
& Co. |
61,900 |
1,292,866 |
UBE
Corp. |
86,100 |
1,110,501 |
Unicharm
Corp. |
27,400 |
832,725 |
United
Urban Investment Corp., REIT |
224 |
236,998 |
USS
Co. Ltd. |
62,500 |
943,046 |
Yakult
Honsha Co. Ltd. |
27,200 |
1,506,851 |
Yamada
Holdings Co. Ltd. |
450,800 |
1,452,709 |
Yamaguchi
Financial Group, Inc. |
8,200 |
43,183 |
Yamaha
Motor Co. Ltd. |
121,400 |
2,506,008 |
Yokohama
Rubber Co. Ltd. (The) |
69,800 |
1,091,470 |
Zeon
Corp. |
63,300 |
533,573 |
|
|
201,702,525 |
Jordan
— 0.3% | ||
Hikma
Pharmaceuticals plc |
127,179 |
1,825,685 |
Luxembourg
— 0.1% | ||
RTL
Group SA |
26,684 |
905,814 |
Mexico
— 0.1% | ||
Fresnillo
plc |
109,033 |
911,574 |
Netherlands
— 3.4% | ||
ASML
Holding NV (b) |
2,703 |
1,267,943 |
ASR
Nederland NV |
56,369 |
2,482,091 |
BE
Semiconductor Industries NV |
17,017 |
867,268 |
Heineken
Holding NV |
28,026 |
1,912,332 |
Koninklijke
Ahold Delhaize NV |
102,631 |
2,862,204 |
Koninklijke
DSM NV |
8,487 |
998,329 |
Koninklijke
KPN NV |
878,608 |
2,457,560 |
Koninklijke
Philips NV |
14,423 |
182,954 |
NN
Group NV |
69,759 |
2,953,769 |
OCI
NV |
18,157 |
694,467 |
Shell
plc |
117,006 |
3,241,253 |
170
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Netherlands
— continued | ||
Universal
Music Group NV |
4,326 |
84,943 |
Wolters
Kluwer NV |
26,883 |
2,856,551 |
|
|
22,861,664 |
New
Zealand — 0.6% | ||
Fisher
& Paykel Healthcare Corp. Ltd. |
141,936 |
1,613,106 |
Spark
New Zealand Ltd. |
745,461 |
2,219,060 |
|
|
3,832,166 |
Norway
— 1.2% | ||
Aker
BP ASA |
15,438 |
490,409 |
DNB
Bank ASA |
36,080 |
638,143 |
Equinor
ASA |
75,935 |
2,766,595 |
Mowi
ASA |
42,913 |
640,510 |
Norsk
Hydro ASA |
244,547 |
1,551,974 |
Orkla
ASA |
148,008 |
998,337 |
Salmar
ASA |
8,518 |
288,774 |
Telenor
ASA |
81,306 |
738,898 |
|
|
8,113,640 |
Portugal
— 0.3% | ||
Jeronimo
Martins SGPS SA |
101,050 |
2,091,030 |
Russia
— 0.0% ^ | ||
Evraz
plc ‡ |
393,430 |
18,472 |
Singapore
— 2.9% | ||
CapitaLand
Ascendas REIT, REIT |
641,342 |
1,186,606 |
CapitaLand
Integrated Commercial Trust, REIT |
839,808 |
1,114,555 |
ComfortDelGro
Corp. Ltd. |
466,500 |
418,774 |
DBS
Group Holdings Ltd. |
112,500 |
2,719,836 |
Keppel
Corp. Ltd. |
435,600 |
2,144,031 |
Mapletree
Pan Asia Commercial Trust, REIT |
828,500 |
929,751 |
Oversea-Chinese
Banking Corp. Ltd. |
221,900 |
1,904,810 |
Sembcorp
Industries Ltd. |
1,343,500 |
2,761,770 |
Singapore
Telecommunications Ltd. |
857,800 |
1,510,368 |
STMicroelectronics
NV |
27,233 |
846,782 |
Suntec,
REIT |
1,490,400 |
1,359,246 |
Venture
Corp. Ltd. |
199,100 |
2,240,542 |
|
|
19,137,071 |
South
Africa — 0.3% | ||
Anglo
American plc |
68,413 |
2,049,258 |
South
Korea — 6.7% | ||
CJ
CheilJedang Corp. |
2,016 |
585,329 |
Daewoo
Engineering & Construction Co. Ltd. * |
132,357 |
389,782 |
DL
Holdings Co. Ltd. |
10,643 |
458,639 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
South
Korea — continued | ||
E-MART,
Inc. |
5,844 |
346,448 |
F&F
Co. Ltd. |
7,848 |
799,617 |
GS
Engineering & Construction Corp. |
67,304 |
1,022,668 |
GS
Holdings Corp. |
5,376 |
173,406 |
GS
Retail Co. Ltd. |
34,496 |
614,253 |
Hana
Financial Group, Inc. |
82,856 |
2,395,481 |
Hanwha
Corp. |
21,839 |
388,585 |
Hanwha
Life Insurance Co. Ltd. * |
241,303 |
369,428 |
Hite
Jinro Co. Ltd. |
34,033 |
611,935 |
Hyundai
Department Store Co. Ltd. |
3,914 |
148,449 |
Hyundai
Mobis Co. Ltd. |
5,541 |
849,875 |
Industrial
Bank of Korea |
190,552 |
1,396,481 |
KB
Financial Group, Inc. |
69,717 |
2,345,912 |
Kia
Corp. |
44,436 |
2,064,977 |
Korea
Electric Power Corp. * |
35,214 |
412,937 |
Korea
Gas Corp. |
56,927 |
1,389,252 |
Korea
Investment Holdings Co. Ltd. |
13,599 |
472,072 |
Korean
Air Lines Co. Ltd. * |
50,973 |
825,459 |
KT&G
Corp. |
46,968 |
3,154,444 |
LG
Corp. |
40,184 |
2,230,734 |
LG
Innotek Co. Ltd. |
10,611 |
2,201,403 |
LG
Uplus Corp. |
94,926 |
762,283 |
Mirae
Asset Securities Co. Ltd. |
77,791 |
346,289 |
NAVER
Corp. |
9,202 |
1,091,526 |
NH
Investment & Securities Co. Ltd. |
72,322 |
454,737 |
NongShim
Co. Ltd. |
442 |
93,625 |
Orion
Corp. |
11,539 |
821,138 |
POSCO
Holdings, Inc. |
9,213 |
1,605,741 |
Samsung
Electronics Co. Ltd. |
55,737 |
2,319,766 |
Samsung
Engineering Co. Ltd. * |
47,407 |
791,949 |
Samsung
Securities Co. Ltd. |
41,240 |
917,541 |
SK
Hynix, Inc. |
42,971 |
2,487,658 |
SK
Square Co. Ltd. * |
27,961 |
722,959 |
SK
Telecom Co. Ltd. |
54,270 |
1,907,141 |
Woori
Financial Group, Inc. |
289,648 |
2,390,175 |
Yuhan
Corp. |
63,628 |
2,667,849 |
|
|
45,027,943 |
Spain
— 2.1% | ||
Acciona
SA |
10,730 |
1,932,062 |
Corp.
ACCIONA Energias Renovables SA |
8,800 |
346,024 |
Enagas
SA |
103,035 |
1,672,661 |
Endesa
SA |
141,867 |
2,370,320 |
Iberdrola
SA |
273,811 |
2,784,461 |
Merlin
Properties Socimi SA, REIT |
65,027 |
551,207 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
171
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Spain
— continued | ||
Naturgy
Energy Group SA |
102,043 |
2,618,682 |
Red
Electrica Corp. SA |
94,988 |
1,536,499 |
|
|
13,811,916 |
Sweden
— 3.5% | ||
Boliden
AB |
70,937 |
2,062,913 |
Castellum
AB |
138,620 |
1,584,995 |
Fastighets
AB Balder, Class B * |
167,393 |
628,334 |
Getinge
AB, Class B |
39,245 |
796,398 |
H
& M Hennes & Mauritz AB, Class B (b) |
167,052 |
1,682,575 |
Hexagon
AB, Class B |
233,054 |
2,303,948 |
Husqvarna
AB, Class B |
472 |
2,802 |
Investor
AB, Class B |
165,451 |
2,700,263 |
Sagax
AB, Class B |
43,791 |
806,952 |
Securitas
AB, Class B (b) |
226,537 |
1,850,991 |
Skanska
AB, Class B |
82,804 |
1,287,713 |
Swedish
Match AB |
286,774 |
2,949,440 |
Tele2
AB, Class B |
174,447 |
1,429,771 |
Telia
Co. AB (b) |
737,177 |
1,953,347 |
Trelleborg
AB, Class B |
72,084 |
1,587,222 |
|
|
23,627,664 |
Switzerland
— 1.6% | ||
EMS-Chemie
Holding AG (Registered) |
433 |
272,267 |
Kuehne
+ Nagel International AG (Registered) |
3,904 |
831,030 |
Logitech
International SA (Registered) (b) |
28,617 |
1,423,179 |
Novartis
AG (Registered) |
31,648 |
2,560,031 |
Sonova
Holding AG (Registered) |
9,111 |
2,153,510 |
Swiss
Prime Site AG (Registered) |
12,346 |
996,235 |
Swisscom
AG (Registered) |
5,370 |
2,651,648 |
|
|
10,887,900 |
United
Kingdom — 16.0% | ||
3i
Group plc |
214,908 |
2,862,226 |
abrdn
plc |
486,582 |
886,641 |
Admiral
Group plc |
96,244 |
2,225,705 |
Ashtead
Group plc |
3,923 |
204,361 |
Associated
British Foods plc |
116,273 |
1,802,149 |
AstraZeneca
plc |
25,295 |
2,967,918 |
Auto
Trader Group plc (a) |
314,599 |
1,883,121 |
AVEVA
Group plc |
59,768 |
2,138,992 |
Aviva
plc |
434,847 |
2,085,799 |
B&M
European Value Retail SA |
333,526 |
1,232,574 |
BAE
Systems plc |
326,199 |
3,051,125 |
Barratt
Developments plc |
64,954 |
280,153 |
Bellway
plc |
9,745 |
207,249 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Kingdom — continued | ||
Berkeley
Group Holdings plc |
20,955 |
833,744 |
BP
plc |
301,799 |
1,669,736 |
British
American Tobacco plc |
75,174 |
2,968,882 |
British
Land Co. plc (The), REIT |
363,982 |
1,526,866 |
BT
Group plc |
1,390,723 |
2,072,500 |
Bunzl
plc |
52,772 |
1,719,604 |
Burberry
Group plc |
37,378 |
778,849 |
Centrica
plc |
3,026,782 |
2,659,669 |
CK
Hutchison Holdings Ltd. |
110,542 |
550,260 |
ConvaTec
Group plc (a) |
976,287 |
2,442,891 |
Croda
International plc |
27,848 |
2,157,374 |
Dechra
Pharmaceuticals plc |
36,959 |
1,111,071 |
Derwent
London plc, REIT |
60,601 |
1,499,834 |
Diageo
plc |
68,992 |
2,839,194 |
Direct
Line Insurance Group plc |
591,972 |
1,367,714 |
Haleon
plc * |
750,796 |
2,302,283 |
Halma
plc |
22,746 |
551,575 |
HSBC
Holdings plc |
369,758 |
1,897,618 |
IMI
plc |
99,264 |
1,398,320 |
Imperial
Brands plc |
132,768 |
3,234,109 |
Informa
plc |
226,675 |
1,444,355 |
InterContinental
Hotels Group plc |
24,302 |
1,305,765 |
Intertek
Group plc |
21,975 |
920,598 |
J
Sainsbury plc |
624,604 |
1,392,301 |
Johnson
Matthey plc |
19,610 |
435,295 |
Land
Securities Group plc, REIT |
290,277 |
1,898,089 |
Legal
& General Group plc |
970,706 |
2,596,893 |
M&G
plc |
369,031 |
741,615 |
National
Grid plc |
74,992 |
817,047 |
Next
plc |
30,587 |
1,727,543 |
Pearson
plc |
281,315 |
3,109,410 |
Pennon
Group plc |
92,297 |
886,948 |
Persimmon
plc |
46,782 |
700,040 |
Phoenix
Group Holdings plc |
192,962 |
1,200,991 |
Reckitt
Benckiser Group plc |
39,785 |
2,640,293 |
Rentokil
Initial plc |
125,541 |
783,390 |
Rightmove
plc |
305,063 |
1,717,869 |
Sage
Group plc (The) |
203,648 |
1,697,353 |
Segro
plc, REIT |
206,537 |
1,858,834 |
Severn
Trent plc |
54,445 |
1,562,558 |
Smith
& Nephew plc |
78,927 |
932,674 |
Smiths
Group plc |
142,079 |
2,544,997 |
Spirax-Sarco
Engineering plc |
9,192 |
1,132,763 |
SSE
plc |
141,937 |
2,536,540 |
172
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
St.
James's Place plc |
64,516 |
787,841 |
Standard
Chartered plc |
122,471 |
731,733 |
Tate
& Lyle plc |
259,229 |
2,082,954 |
Taylor
Wimpey plc |
244,222 |
262,570 |
Tesco
plc |
926,743 |
2,288,948 |
Unilever
plc |
8,760 |
399,826 |
Unilever
plc |
9,170 |
416,816 |
United
Utilities Group plc |
231,099 |
2,490,369 |
Vodafone
Group plc |
1,701,029 |
1,985,786 |
WPP
plc |
232,815 |
2,048,807 |
|
|
107,489,917 |
United
States — 1.8% | ||
CSL
Ltd. |
14,018 |
2,509,439 |
Ferguson
plc |
25,136 |
2,741,300 |
GSK
plc |
141,203 |
2,313,060 |
NortonLifeLock,
Inc. |
1 |
23 |
Roche
Holding AG |
8,755 |
2,904,893 |
Schneider
Electric SE |
7,501 |
948,550 |
Sims
Ltd. |
123,737 |
967,419 |
|
|
12,384,684 |
Total
Common Stocks
(Cost
$806,370,835) |
|
666,799,101 |
Short-Term
Investments — 0.7% | ||
Investment
Companies — 0.1% | ||
JPMorgan
Prime Money Market Fund Class IM
Shares,
3.18% (c)
(d)(Cost
$569,430) |
569,342 |
569,398 |
Investment
of Cash Collateral from Securities Loaned — 0.6% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (c)
(d) |
2,258,925 |
2,258,925 |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (c)
(d) |
1,789,624 |
1,789,624 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$4,047,394) |
|
4,048,549 |
Total
Short-Term Investments
(Cost
$4,616,824) |
|
4,617,947 |
Total
Investments — 100.1%
(Cost
$810,987,659) |
|
671,417,048 |
Liabilities
in Excess of Other Assets — (0.1)% |
|
(354,908) |
NET
ASSETS — 100.0% |
|
671,062,140 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
APAC |
Asia
Pacific |
OYJ |
Public
Limited Company |
REIT |
Real
Estate Investment Trust |
SGPS |
Holding
company |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(b) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $3,818,777. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2022. |
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
173
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Pharmaceuticals |
6.5% |
Electric
Utilities |
5.1 |
Equity
Real Estate Investment Trusts (REITs) |
4.7 |
Metals
& Mining |
4.6 |
Oil,
Gas & Consumable Fuels |
4.5 |
Diversified
Telecommunication Services |
4.5 |
Food
Products |
4.0 |
Food
& Staples Retailing |
3.8 |
Chemicals |
3.6 |
Banks |
3.4 |
Insurance |
3.4 |
Real
Estate Management & Development |
2.8 |
Beverages |
2.8 |
Gas
Utilities |
2.6 |
Trading
Companies & Distributors |
2.3 |
Tobacco |
2.3 |
Wireless
Telecommunication Services |
1.9 |
Media |
1.8 |
Health
Care Equipment & Supplies |
1.8 |
Construction
& Engineering |
1.8 |
Electronic
Equipment, Instruments & Components |
1.7 |
Semiconductors
& Semiconductor Equipment |
1.7 |
Technology
Hardware, Storage & Peripherals |
1.6 |
Capital
Markets |
1.6 |
Health
Care Providers & Services |
1.5 |
Multi-Utilities |
1.4 |
Household
Durables |
1.4 |
Specialty
Retail |
1.4 |
Diversified
Financial Services |
1.3 |
Software |
1.3 |
IT
Services |
1.2 |
Industrial
Conglomerates |
1.2 |
Automobiles |
1.2 |
Multiline
Retail |
1.0 |
Machinery |
1.0 |
Paper
& Forest Products |
1.0 |
Others
(each less than 1.0%) |
9.6 |
Short-Term
Investments |
0.7 |
174
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
EAFE E-Mini Index |
40 |
12/16/2022 |
USD |
3,512,400 |
105,847 |
Abbreviations |
|
EAFE |
Europe,
Australasia and Far East |
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
175
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.7% | ||
Aerospace
& Defense — 1.0% | ||
General
Dynamics Corp. |
8,994 |
2,246,701 |
L3Harris
Technologies, Inc. |
1,605 |
395,585 |
Lockheed
Martin Corp. |
4,900 |
2,384,732 |
|
|
5,027,018 |
Automobiles
& Parts — 0.6% | ||
Ford
Motor Co. |
118,910 |
1,589,827 |
Gentex
Corp. |
58,634 |
1,553,214 |
|
|
3,143,041 |
Banks
— 2.0% | ||
Bank
of America Corp. |
39,976 |
1,440,735 |
Bank
of Hawaii Corp. |
3,854 |
292,711 |
Citizens
Financial Group, Inc. |
9,212 |
376,771 |
Discover
Financial Services |
9,255 |
966,777 |
Fifth
Third Bancorp |
42,915 |
1,531,637 |
Huntington
Bancshares, Inc. |
109,429 |
1,661,132 |
KeyCorp |
19,922 |
356,006 |
Popular,
Inc. (Puerto Rico) |
13,425 |
949,416 |
Regions
Financial Corp. |
24,385 |
535,251 |
Truist
Financial Corp. |
29,246 |
1,309,928 |
US
Bancorp |
13,349 |
566,665 |
|
|
9,987,029 |
Beverages
— 2.3% | ||
Brown-Forman
Corp., Class B |
23,496 |
1,597,728 |
Coca-Cola
Co. (The) |
33,392 |
1,998,511 |
Constellation
Brands, Inc., Class A |
8,395 |
2,074,237 |
Keurig
Dr Pepper, Inc. |
53,677 |
2,084,815 |
Molson
Coors Beverage Co., Class B |
39,957 |
2,015,031 |
PepsiCo,
Inc. |
11,961 |
2,171,878 |
|
|
11,942,200 |
Chemicals
— 4.1% | ||
Ashland,
Inc. |
18,480 |
1,938,922 |
Celanese
Corp. |
12,784 |
1,228,798 |
CF
Industries Holdings, Inc. |
19,777 |
2,101,504 |
Chemours
Co. (The) |
50,372 |
1,442,150 |
Dow,
Inc. |
31,931 |
1,492,455 |
Eastman
Chemical Co. |
17,379 |
1,334,881 |
Element
Solutions, Inc. |
74,306 |
1,278,063 |
FMC
Corp. |
8,748 |
1,040,137 |
Huntsman
Corp. |
73,534 |
1,967,770 |
LyondellBasell
Industries NV, Class A |
19,891 |
1,520,667 |
Mosaic
Co. (The) |
34,652 |
1,862,545 |
NewMarket
Corp. |
1,112 |
338,426 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Chemicals
— continued | ||
Olin
Corp. |
35,900 |
1,900,905 |
Westlake
Corp. |
16,755 |
1,619,371 |
|
|
21,066,594 |
Construction
& Materials — 1.6% | ||
A
O Smith Corp. |
26,601 |
1,457,203 |
Carrier
Global Corp. |
8,591 |
341,578 |
Eagle
Materials, Inc. |
4,360 |
533,272 |
Fortune
Brands Home & Security, Inc. |
10,753 |
648,621 |
Louisiana-Pacific
Corp. |
31,049 |
1,758,926 |
Masco
Corp. |
26,198 |
1,212,181 |
Quanta
Services, Inc. |
14,483 |
2,057,165 |
|
|
8,008,946 |
Consumer
Services — 0.5% | ||
H&R
Block, Inc. |
38,105 |
1,568,021 |
Service
Corp. International |
13,295 |
805,810 |
|
|
2,373,831 |
Electricity
— 7.2% | ||
Alliant
Energy Corp. |
27,362 |
1,427,475 |
American
Electric Power Co., Inc. |
20,410 |
1,794,447 |
Avangrid,
Inc. |
31,734 |
1,290,939 |
CMS
Energy Corp. |
27,120 |
1,547,196 |
Consolidated
Edison, Inc. |
20,934 |
1,841,355 |
Dominion
Energy, Inc. |
24,155 |
1,690,125 |
DTE
Energy Co. |
15,700 |
1,760,127 |
Edison
International |
16,641 |
999,126 |
Entergy
Corp. |
13,278 |
1,422,605 |
Evergy,
Inc. |
29,842 |
1,824,241 |
Exelon
Corp. |
46,626 |
1,799,297 |
FirstEnergy
Corp. |
52,111 |
1,965,106 |
Hawaiian
Electric Industries, Inc. |
26,715 |
1,016,239 |
IDACORP,
Inc. |
15,489 |
1,621,698 |
NRG
Energy, Inc. |
49,714 |
2,207,302 |
OGE
Energy Corp. |
50,862 |
1,863,075 |
Pinnacle
West Capital Corp. |
21,336 |
1,433,993 |
PPL
Corp. |
70,904 |
1,878,247 |
Public
Service Enterprise Group, Inc. |
31,211 |
1,750,001 |
Southern
Co. (The) |
26,549 |
1,738,428 |
Vistra
Corp. |
82,955 |
1,905,476 |
Xcel
Energy, Inc. |
27,543 |
1,793,325 |
|
|
36,569,823 |
Electronic
& Electrical Equipment — 0.8% | ||
AMETEK,
Inc. |
8,422 |
1,091,996 |
176
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Electronic
& Electrical Equipment — continued | ||
Emerson
Electric Co. |
7,956 |
688,990 |
Hubbell,
Inc. |
4,889 |
1,161,040 |
IDEX
Corp. |
4,068 |
904,357 |
|
|
3,846,383 |
Finance
& Credit Services — 0.4% | ||
Ally
Financial, Inc. |
44,047 |
1,213,935 |
FactSet
Research Systems, Inc. |
1,227 |
522,076 |
OneMain
Holdings, Inc. |
12,787 |
493,067 |
|
|
2,229,078 |
Food
Producers — 7.1% | ||
Archer-Daniels-Midland
Co. |
23,440 |
2,273,211 |
Bunge
Ltd. |
20,776 |
2,050,591 |
Campbell
Soup Co. |
40,882 |
2,163,067 |
Conagra
Brands, Inc. |
60,386 |
2,216,166 |
Corteva,
Inc. |
33,537 |
2,191,307 |
Darling
Ingredients, Inc. * |
24,790 |
1,945,519 |
Flowers
Foods, Inc. |
66,258 |
1,902,267 |
General
Mills, Inc. |
26,831 |
2,188,873 |
Hershey
Co. (The) |
9,171 |
2,189,760 |
Hormel
Foods Corp. |
35,297 |
1,639,546 |
Ingredion,
Inc. |
18,397 |
1,639,541 |
J
M Smucker Co. (The) |
14,825 |
2,233,534 |
Kellogg
Co. |
28,534 |
2,191,982 |
Kraft
Heinz Co. (The) |
55,075 |
2,118,735 |
McCormick
& Co., Inc. (Non-Voting) |
5,865 |
461,224 |
Mondelez
International, Inc., Class A |
33,308 |
2,047,776 |
Pilgrim's
Pride Corp. * |
22,579 |
520,446 |
Post
Holdings, Inc. * |
23,054 |
2,084,543 |
Tyson
Foods, Inc., Class A |
27,353 |
1,869,577 |
|
|
35,927,665 |
Gas,
Water & Multi-utilities — 2.9% | ||
Ameren
Corp. |
22,092 |
1,800,940 |
American
Water Works Co., Inc. |
3,098 |
450,263 |
CenterPoint
Energy, Inc. |
64,895 |
1,856,646 |
Duke
Energy Corp. |
19,139 |
1,783,372 |
National
Fuel Gas Co. |
28,709 |
1,937,570 |
NiSource,
Inc. |
69,300 |
1,780,317 |
Sempra
Energy |
12,405 |
1,872,411 |
UGI
Corp. |
41,975 |
1,482,977 |
WEC
Energy Group, Inc. |
19,839 |
1,811,896 |
|
|
14,776,392 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
General
Industrials — 2.3% | ||
Carlisle
Cos., Inc. |
2,368 |
565,478 |
Eaton
Corp. plc |
13,604 |
2,041,552 |
Honeywell
International, Inc. |
5,135 |
1,047,643 |
Illinois
Tool Works, Inc. |
7,894 |
1,685,606 |
ITT,
Inc. |
10,254 |
783,303 |
Packaging
Corp. of America |
8,323 |
1,000,508 |
Parker-Hannifin
Corp. |
3,657 |
1,062,797 |
RPM
International, Inc. |
21,499 |
2,033,161 |
Sherwin-Williams
Co. (The) |
6,375 |
1,434,566 |
Sonoco
Products Co. |
1,554 |
96,472 |
|
|
11,751,086 |
Health
Care Providers — 2.7% | ||
Chemed
Corp. |
1,667 |
778,272 |
Cigna
Corp. |
7,221 |
2,332,816 |
DaVita,
Inc. * |
14,788 |
1,079,672 |
Elevance
Health, Inc. |
4,247 |
2,322,132 |
HCA
Healthcare, Inc. |
8,302 |
1,805,436 |
Humana,
Inc. |
741 |
413,537 |
IQVIA
Holdings, Inc. * |
4,011 |
840,987 |
Molina
Healthcare, Inc. * |
2,626 |
942,367 |
UnitedHealth
Group, Inc. |
3,942 |
2,188,401 |
Universal
Health Services, Inc., Class B |
10,902 |
1,263,215 |
|
|
13,966,835 |
Household
Goods & Home Construction — 0.9% | ||
Leggett
& Platt, Inc. |
17,230 |
581,512 |
Lennar
Corp., Class A |
19,877 |
1,604,074 |
NVR,
Inc. * |
171 |
724,655 |
PulteGroup,
Inc. |
1,420 |
56,786 |
Toll
Brothers, Inc. |
5,184 |
223,327 |
Whirlpool
Corp. |
8,863 |
1,225,221 |
|
|
4,415,575 |
Industrial
Engineering — 0.6% | ||
Caterpillar,
Inc. |
4,864 |
1,052,862 |
Cummins,
Inc. |
7,912 |
1,934,563 |
Otis
Worldwide Corp. |
4,446 |
314,065 |
|
|
3,301,490 |
Industrial
Materials — 0.2% | ||
International
Paper Co. |
37,892 |
1,273,550 |
Industrial
Metals & Mining — 3.2% | ||
Alcoa
Corp. |
30,998 |
1,209,852 |
Cleveland-Cliffs,
Inc. * |
88,812 |
1,153,668 |
Fastenal
Co. |
35,279 |
1,705,034 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
177
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Industrial
Metals & Mining — continued | ||
Freeport-McMoRan,
Inc. |
51,310 |
1,626,014 |
Nucor
Corp. |
15,391 |
2,022,070 |
Reliance
Steel & Aluminum Co. |
10,886 |
2,193,311 |
Southern
Copper Corp. (Peru) |
24,833 |
1,166,406 |
Steel
Dynamics, Inc. |
25,502 |
2,398,463 |
Timken
Co. (The) |
11,348 |
808,999 |
United
States Steel Corp. |
87,225 |
1,775,901 |
|
|
16,059,718 |
Industrial
Support Services — 2.3% | ||
Accenture
plc, Class A |
6,432 |
1,826,045 |
Booz
Allen Hamilton Holding Corp. |
13,150 |
1,431,377 |
Capital
One Financial Corp. |
15,452 |
1,638,221 |
MSC
Industrial Direct Co., Inc., Class A |
8,417 |
698,443 |
Robert
Half International, Inc. |
18,724 |
1,431,637 |
Synchrony
Financial |
52,001 |
1,849,156 |
Western
Union Co. (The) |
64,455 |
870,787 |
WW
Grainger, Inc. |
3,687 |
2,154,498 |
|
|
11,900,164 |
Industrial
Transportation — 1.2% | ||
Allison
Transmission Holdings, Inc. |
12,494 |
527,871 |
CSX
Corp. |
23,273 |
676,313 |
Norfolk
Southern Corp. |
4,390 |
1,001,227 |
PACCAR,
Inc. |
2,557 |
247,594 |
Ryder
System, Inc. |
6,217 |
500,531 |
Schneider
National, Inc., Class B |
9,723 |
216,240 |
Union
Pacific Corp. |
6,971 |
1,374,263 |
United
Parcel Service, Inc., Class B |
10,514 |
1,763,934 |
|
|
6,307,973 |
Investment
Banking & Brokerage Services — 1.7% | ||
Ameriprise
Financial, Inc. |
3,198 |
988,566 |
Broadridge
Financial Solutions, Inc. |
1,346 |
201,981 |
Jefferies
Financial Group, Inc. |
24,752 |
851,716 |
Morgan
Stanley |
22,563 |
1,854,002 |
Nasdaq,
Inc. |
11,229 |
698,893 |
Raymond
James Financial, Inc. |
7,039 |
831,587 |
State
Street Corp. |
24,206 |
1,791,244 |
Virtu
Financial, Inc., Class A |
53,762 |
1,203,194 |
|
|
8,421,183 |
Leisure
Goods — 0.8% | ||
Activision
Blizzard, Inc. |
16,401 |
1,193,993 |
Electronic
Arts, Inc. |
6,785 |
854,639 |
Garmin
Ltd. |
12,798 |
1,126,736 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Leisure
Goods — continued | ||
Harley-Davidson,
Inc. |
5,539 |
238,177 |
Pool
Corp. |
1,563 |
475,511 |
|
|
3,889,056 |
Life
Insurance — 1.3% | ||
Aflac,
Inc. |
22,111 |
1,439,647 |
Globe
Life, Inc. |
5,218 |
602,784 |
MetLife,
Inc. |
8,291 |
606,984 |
Principal
Financial Group, Inc. |
19,461 |
1,715,098 |
Prudential
Financial, Inc. |
4,430 |
465,992 |
Unum
Group |
40,858 |
1,862,716 |
|
|
6,693,221 |
Media
— 0.7% | ||
Interpublic
Group of Cos., Inc. (The) |
52,048 |
1,550,510 |
Nexstar
Media Group, Inc., Class A |
10,774 |
1,845,586 |
|
|
3,396,096 |
Medical
Equipment & Services — 4.2% | ||
Abbott
Laboratories |
17,394 |
1,720,962 |
Becton
Dickinson and Co. |
5,255 |
1,240,022 |
Bio-Rad
Laboratories, Inc., Class A * |
2,925 |
1,028,752 |
Bio-Techne
Corp. |
4,698 |
1,391,830 |
Danaher
Corp. |
7,314 |
1,840,714 |
Hologic,
Inc. * |
21,622 |
1,465,972 |
Laboratory
Corp. of America Holdings |
7,385 |
1,638,436 |
Medtronic
plc |
16,977 |
1,482,771 |
PerkinElmer,
Inc. |
11,564 |
1,544,719 |
Quest
Diagnostics, Inc. |
12,551 |
1,802,951 |
QuidelOrtho
Corp. * |
8,816 |
791,853 |
STERIS
plc |
7,377 |
1,273,123 |
Stryker
Corp. |
4,861 |
1,114,336 |
Thermo
Fisher Scientific, Inc. |
3,576 |
1,837,957 |
West
Pharmaceutical Services, Inc. |
5,110 |
1,175,811 |
|
|
21,350,209 |
Mortgage
Real Estate Investment Trusts — 0.4% | ||
Rithm
Capital Corp. |
87,178 |
734,911 |
Starwood
Property Trust, Inc. |
62,297 |
1,287,056 |
|
|
2,021,967 |
Non-life
Insurance — 2.9% | ||
Allstate
Corp. (The) |
6,086 |
768,357 |
American
Financial Group, Inc. |
6,008 |
871,821 |
Aon
plc, Class A |
6,548 |
1,843,197 |
Assurant,
Inc. |
6,003 |
815,568 |
Chubb
Ltd. |
5,772 |
1,240,345 |
178
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Non-life
Insurance — continued | ||
Fidelity
National Financial, Inc. |
31,295 |
1,232,397 |
Hanover
Insurance Group, Inc. (The) |
3,154 |
462,029 |
Hartford
Financial Services Group, Inc. (The) |
26,749 |
1,936,895 |
Marsh
& McLennan Cos., Inc. |
9,847 |
1,590,192 |
Old
Republic International Corp. |
13,776 |
319,741 |
Progressive
Corp. (The) |
16,683 |
2,142,097 |
WR
Berkley Corp. |
18,986 |
1,412,179 |
|
|
14,634,818 |
Non-Renewable
Energy — 5.5% | ||
Antero
Midstream Corp. |
167,030 |
1,778,870 |
Baker
Hughes Co. |
60,318 |
1,668,396 |
Chevron
Corp. |
9,031 |
1,633,708 |
Continental
Resources, Inc. |
22,020 |
1,628,819 |
Coterra
Energy, Inc. |
63,247 |
1,968,879 |
Devon
Energy Corp. |
29,172 |
2,256,454 |
DT
Midstream, Inc. |
7,131 |
425,721 |
EOG
Resources, Inc. |
15,869 |
2,166,436 |
Exxon
Mobil Corp. |
15,661 |
1,735,395 |
Halliburton
Co. |
53,620 |
1,952,840 |
HF
Sinclair Corp. |
12,272 |
750,678 |
Marathon
Oil Corp. |
78,586 |
2,392,944 |
Pioneer
Natural Resources Co. |
7,816 |
2,004,101 |
Targa
Resources Corp. |
29,988 |
2,050,280 |
Texas
Pacific Land Corp. |
640 |
1,474,477 |
Williams
Cos., Inc. (The) |
59,032 |
1,932,117 |
|
|
27,820,115 |
Personal
Care, Drug & Grocery Stores — 4.6% | ||
Albertsons
Cos., Inc., Class A |
75,008 |
1,538,414 |
AmerisourceBergen
Corp. |
14,058 |
2,210,199 |
Casey's
General Stores, Inc. |
8,696 |
2,023,646 |
Church
& Dwight Co., Inc. |
18,072 |
1,339,677 |
Clorox
Co. (The) |
2,447 |
357,360 |
Colgate-Palmolive
Co. |
26,353 |
1,945,906 |
CVS
Health Corp. |
20,849 |
1,974,400 |
Kimberly-Clark
Corp. |
12,735 |
1,584,998 |
Kroger
Co. (The) |
43,243 |
2,044,961 |
McKesson
Corp. |
5,576 |
2,171,127 |
Olaplex
Holdings, Inc. * |
17,000 |
74,800 |
Procter
& Gamble Co. (The) |
14,676 |
1,976,417 |
Spectrum
Brands Holdings, Inc. |
14,004 |
646,145 |
Sysco
Corp. |
17,916 |
1,550,809 |
Walgreens
Boots Alliance, Inc. |
45,931 |
1,676,482 |
|
|
23,115,341 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Personal
Goods — 0.6% | ||
Carter's,
Inc. |
3,156 |
214,198 |
Estee
Lauder Cos., Inc. (The), Class A |
7,030 |
1,409,445 |
NIKE,
Inc., Class B |
14,167 |
1,312,997 |
|
|
2,936,640 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 5.5% | ||
AbbVie,
Inc. |
15,311 |
2,241,530 |
Amgen,
Inc. |
8,162 |
2,206,597 |
Bristol-Myers
Squibb Co. |
30,755 |
2,382,590 |
Cardinal
Health, Inc. |
15,590 |
1,183,281 |
Eli
Lilly & Co. |
6,836 |
2,475,247 |
Gilead
Sciences, Inc. |
26,815 |
2,103,905 |
Johnson
& Johnson |
12,256 |
2,132,176 |
Merck
& Co., Inc. |
21,819 |
2,208,083 |
Moderna,
Inc. * |
7,936 |
1,193,019 |
Pfizer,
Inc. |
45,894 |
2,136,366 |
Regeneron
Pharmaceuticals, Inc. * |
2,672 |
2,000,660 |
United
Therapeutics Corp. * |
9,030 |
2,081,686 |
Vertex
Pharmaceuticals, Inc. * |
7,361 |
2,296,632 |
Zoetis,
Inc. |
9,898 |
1,492,420 |
|
|
28,134,192 |
Precious
Metals & Mining — 0.3% | ||
Newmont
Corp. |
27,102 |
1,146,957 |
SSR
Mining, Inc. (Canada) |
24,340 |
335,892 |
|
|
1,482,849 |
Real
Estate Investment & Services — 0.6% | ||
CBRE
Group, Inc., Class A * |
20,979 |
1,488,250 |
Jones
Lang LaSalle, Inc. * |
9,810 |
1,560,673 |
|
|
3,048,923 |
Real
Estate Investment Trusts — 7.3% | ||
American
Tower Corp. |
4,880 |
1,011,087 |
Brixmor
Property Group, Inc. |
29,111 |
620,355 |
Camden
Property Trust |
10,199 |
1,178,495 |
Crown
Castle, Inc. |
9,551 |
1,272,766 |
CubeSmart |
18,145 |
759,731 |
Digital
Realty Trust, Inc. |
11,326 |
1,135,432 |
Extra
Space Storage, Inc. |
10,296 |
1,826,922 |
First
Industrial Realty Trust, Inc. |
10,578 |
503,830 |
Gaming
and Leisure Properties, Inc. |
42,681 |
2,139,172 |
Host
Hotels & Resorts, Inc. |
66,302 |
1,251,782 |
Iron
Mountain, Inc. |
38,892 |
1,947,322 |
Kimco
Realty Corp. |
74,147 |
1,585,263 |
Lamar
Advertising Co., Class A |
15,270 |
1,408,352 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
179
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Real
Estate Investment Trusts — continued | ||
Life
Storage, Inc. |
11,792 |
1,304,313 |
Medical
Properties Trust, Inc. |
77,931 |
892,310 |
Mid-America
Apartment Communities, Inc. |
8,992 |
1,415,790 |
Omega
Healthcare Investors, Inc. |
41,327 |
1,313,372 |
Prologis,
Inc. |
24,193 |
2,679,375 |
Public
Storage |
5,899 |
1,827,215 |
Rayonier,
Inc. |
9,850 |
331,945 |
Simon
Property Group, Inc. |
14,928 |
1,626,853 |
Spirit
Realty Capital, Inc. |
18,096 |
702,668 |
Ventas,
Inc. |
26,662 |
1,043,284 |
VICI
Properties, Inc. |
62,022 |
1,985,945 |
Welltower,
Inc. |
21,325 |
1,301,678 |
Weyerhaeuser
Co. |
60,351 |
1,866,656 |
WP
Carey, Inc. |
24,539 |
1,872,326 |
|
|
36,804,239 |
Retailers
— 3.5% | ||
AutoZone,
Inc. * |
756 |
1,914,857 |
Best
Buy Co., Inc. |
16,157 |
1,105,300 |
Dick's
Sporting Goods, Inc. |
16,894 |
1,921,861 |
Kohl's
Corp. |
29,448 |
881,968 |
Lowe's
Cos., Inc. |
8,988 |
1,752,211 |
Macy's,
Inc. |
92,436 |
1,927,291 |
O'Reilly
Automotive, Inc. * |
2,459 |
2,058,601 |
Penske
Automotive Group, Inc. |
12,913 |
1,441,349 |
Target
Corp. |
8,105 |
1,331,246 |
Tractor
Supply Co. |
8,957 |
1,968,480 |
Williams-Sonoma,
Inc. |
11,696 |
1,448,316 |
|
|
17,751,480 |
Software
& Computer Services — 4.3% | ||
Alphabet,
Inc., Class A * |
16,806 |
1,588,335 |
Amdocs
Ltd. |
16,533 |
1,426,963 |
CACI
International, Inc., Class A * |
1,782 |
541,781 |
Cadence
Design Systems, Inc. * |
11,777 |
1,782,920 |
Cognizant
Technology Solutions Corp., Class A |
29,281 |
1,822,742 |
Dolby
Laboratories, Inc., Class A |
4,913 |
328,385 |
Gartner,
Inc. * |
3,884 |
1,172,657 |
Hewlett
Packard Enterprise Co. |
112,778 |
1,609,342 |
International
Business Machines Corp. |
13,006 |
1,798,600 |
Intuit,
Inc. |
3,568 |
1,525,320 |
Leidos
Holdings, Inc. |
2,363 |
240,057 |
Meta
Platforms, Inc., Class A * |
7,949 |
740,529 |
Microsoft
Corp. |
7,799 |
1,810,382 |
NortonLifeLock,
Inc. |
56,306 |
1,268,574 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Software
& Computer Services — continued | ||
Oracle
Corp. |
23,554 |
1,838,861 |
Roper
Technologies, Inc. |
2,768 |
1,147,447 |
Science
Applications International Corp. |
3,879 |
420,251 |
SS&C
Technologies Holdings, Inc. |
15,125 |
777,728 |
|
|
21,840,874 |
Technology
Hardware & Equipment — 4.3% | ||
Amphenol
Corp., Class A |
20,776 |
1,575,444 |
Analog
Devices, Inc. |
12,683 |
1,808,850 |
Apple,
Inc. |
13,112 |
2,010,594 |
Applied
Materials, Inc. |
16,480 |
1,455,019 |
Broadcom,
Inc. |
3,837 |
1,803,851 |
Cirrus
Logic, Inc. * |
566 |
37,990 |
Concentrix
Corp. |
2,792 |
341,266 |
HP,
Inc. |
44,955 |
1,241,657 |
Intel
Corp. |
30,509 |
867,371 |
KLA
Corp. |
5,849 |
1,850,916 |
Lam
Research Corp. |
3,617 |
1,464,089 |
NetApp,
Inc. |
20,456 |
1,416,987 |
NVIDIA
Corp. |
8,394 |
1,132,938 |
Skyworks
Solutions, Inc. |
11,133 |
957,549 |
TD
SYNNEX Corp. |
8,181 |
748,643 |
Teradyne,
Inc. |
15,571 |
1,266,701 |
Texas
Instruments, Inc. |
11,190 |
1,797,450 |
|
|
21,777,315 |
Telecommunications
Equipment — 2.7% | ||
Arista
Networks, Inc. * |
17,069 |
2,062,959 |
Ciena
Corp. * |
33,228 |
1,591,621 |
Cisco
Systems, Inc. |
46,068 |
2,092,869 |
Juniper
Networks, Inc. |
72,454 |
2,217,093 |
Lumentum
Holdings, Inc. * |
24,477 |
1,822,313 |
Motorola
Solutions, Inc. |
8,407 |
2,099,312 |
Ubiquiti,
Inc. (a) |
5,248 |
1,819,744 |
|
|
13,705,911 |
Telecommunications
Service Providers — 2.6% | ||
Altice
USA, Inc., Class A * |
156,993 |
1,037,724 |
AT&T,
Inc. |
117,425 |
2,140,658 |
Cable
One, Inc. |
125 |
107,429 |
Charter
Communications, Inc., Class A * |
3,213 |
1,181,163 |
Comcast
Corp., Class A |
51,433 |
1,632,483 |
DISH
Network Corp., Class A * |
77,320 |
1,152,841 |
Frontier
Communications Parent, Inc. * |
25,161 |
589,271 |
Lumen
Technologies, Inc. |
205,326 |
1,511,199 |
180
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Telecommunications
Service Providers — continued | ||
T-Mobile
US, Inc. * |
14,213 |
2,154,122 |
Verizon
Communications, Inc. |
48,913 |
1,827,879 |
|
|
13,334,769 |
Tobacco
— 0.8% | ||
Altria
Group, Inc. |
45,656 |
2,112,503 |
Philip
Morris International, Inc. |
21,626 |
1,986,348 |
|
|
4,098,851 |
Travel
& Leisure — 0.1% | ||
Travel
+ Leisure Co. |
9,038 |
343,263 |
Waste
& Disposal Services — 1.1% | ||
Clean
Harbors, Inc. * |
12,858 |
1,574,591 |
Republic
Services, Inc. |
14,338 |
1,901,505 |
Stericycle,
Inc. * |
3,826 |
170,563 |
Waste
Management, Inc. |
12,105 |
1,917,069 |
|
|
5,563,728 |
Total
Common Stocks
(Cost
$470,387,088) |
|
506,039,431 |
Short-Term
Investments — 0.3% | ||
Investment
Companies — 0.2% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$1,020,750) |
1,020,750 |
1,020,750 |
Investment
of Cash Collateral from Securities Loaned — 0.1% | ||
JPMorgan
Securities Lending Money Market Fund
Class
Agency SL Shares, 3.23% (b)
(c) |
200,027 |
200,027 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
| ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c) |
191,848 |
191,848 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$391,775) |
|
391,875 |
Total
Short-Term Investments
(Cost
$1,412,525) |
|
1,412,625 |
Total
Investments — 100.0%
(Cost
$471,799,613) |
|
507,452,056 |
Liabilities
in Excess of Other Assets — (0.0)% ^ |
|
(169,603) |
NET
ASSETS — 100.0% |
|
507,282,453 |
Percentages
indicated are based on net
assets. |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $380,385. |
|
(b) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(c) |
The
rate shown is the current yield as of October 31,
2022. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
500 E-Mini Index |
4 |
12/16/2022 |
USD |
776,600 |
41,166 |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
181
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.7% | ||
Aerospace
& Defense — 0.1% | ||
Textron,
Inc. |
4,883 |
334,192 |
Automobiles
& Parts — 0.6% | ||
BorgWarner,
Inc. |
11,358 |
426,266 |
Gentex
Corp. |
32,590 |
863,309 |
LKQ
Corp. |
3,628 |
201,862 |
|
|
1,491,437 |
Banks
— 2.3% | ||
Bank
of Hawaii Corp. |
2,723 |
206,812 |
Citizens
Financial Group, Inc. |
7,464 |
305,278 |
Comerica,
Inc. |
3,506 |
247,173 |
Discover
Financial Services |
6,506 |
679,617 |
Fifth
Third Bancorp |
12,922 |
461,186 |
First
Horizon Corp. |
11,513 |
282,184 |
FNB
Corp. |
14,337 |
207,170 |
Huntington
Bancshares, Inc. |
69,710 |
1,058,198 |
KeyCorp |
16,234 |
290,101 |
M&T
Bank Corp. |
4,400 |
740,828 |
Popular,
Inc. (Puerto Rico) |
9,956 |
704,088 |
Prosperity
Bancshares, Inc. |
2,423 |
173,414 |
Regions
Financial Corp. |
20,435 |
448,548 |
Zions
Bancorp NA |
5,074 |
263,543 |
|
|
6,068,140 |
Beverages
— 0.7% | ||
Brown-Forman
Corp., Class B |
13,206 |
898,008 |
Molson
Coors Beverage Co., Class B |
20,199 |
1,018,636 |
|
|
1,916,644 |
Chemicals
— 5.4% | ||
Albemarle
Corp. |
3,359 |
940,083 |
Ashland,
Inc. |
10,836 |
1,136,913 |
Celanese
Corp. |
7,363 |
707,732 |
CF
Industries Holdings, Inc. |
10,654 |
1,132,094 |
Chemours
Co. (The) |
26,563 |
760,499 |
Eastman
Chemical Co. |
10,095 |
775,397 |
Element
Solutions, Inc. |
53,364 |
917,861 |
FMC
Corp. |
7,592 |
902,689 |
Huntsman
Corp. |
39,388 |
1,054,023 |
LyondellBasell
Industries NV, Class A |
12,814 |
979,630 |
Mosaic
Co. (The) |
20,486 |
1,101,122 |
NewMarket
Corp. |
459 |
139,692 |
Olin
Corp. |
20,205 |
1,069,855 |
Univar
Solutions, Inc. * |
32,365 |
824,660 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Chemicals
— continued | ||
Valvoline,
Inc. |
34,747 |
1,020,172 |
Westlake
Corp. |
11,189 |
1,081,417 |
|
|
14,543,839 |
Construction
& Materials — 2.4% | ||
A
O Smith Corp. |
13,093 |
717,235 |
Builders
FirstSource, Inc. * |
18,802 |
1,159,331 |
Eagle
Materials, Inc. |
2,221 |
271,650 |
Fortune
Brands Home & Security, Inc. |
10,683 |
644,399 |
Louisiana-Pacific
Corp. |
18,448 |
1,045,079 |
Masco
Corp. |
14,273 |
660,412 |
Owens
Corning |
10,173 |
870,911 |
Quanta
Services, Inc. |
7,806 |
1,108,764 |
|
|
6,477,781 |
Consumer
Services — 0.7% | ||
H&R
Block, Inc. |
18,755 |
771,768 |
IAA,
Inc. * |
8,479 |
321,609 |
Service
Corp. International |
12,271 |
743,745 |
|
|
1,837,122 |
Electricity
— 6.4% | ||
Alliant
Energy Corp. |
15,457 |
806,392 |
Avangrid,
Inc. |
17,381 |
707,059 |
CMS
Energy Corp. |
16,346 |
932,539 |
Consolidated
Edison, Inc. |
11,288 |
992,892 |
DTE
Energy Co. |
8,466 |
949,123 |
Edison
International |
15,385 |
923,715 |
Entergy
Corp. |
8,259 |
884,869 |
Evergy,
Inc. |
16,107 |
984,621 |
Eversource
Energy |
3,617 |
275,905 |
FirstEnergy
Corp. |
27,876 |
1,051,204 |
Hawaiian
Electric Industries, Inc. |
19,188 |
729,912 |
IDACORP,
Inc. |
9,440 |
988,368 |
NRG
Energy, Inc. |
26,710 |
1,185,924 |
OGE
Energy Corp. |
27,168 |
995,164 |
Pinnacle
West Capital Corp. |
12,767 |
858,070 |
PPL
Corp. |
37,952 |
1,005,348 |
Public
Service Enterprise Group, Inc. |
16,994 |
952,854 |
Vistra
Corp. |
43,979 |
1,010,198 |
Xcel
Energy, Inc. |
14,869 |
968,121 |
|
|
17,202,278 |
Electronic
& Electrical Equipment — 2.1% | ||
AMETEK,
Inc. |
7,952 |
1,031,056 |
Crane
Holdings Co. |
3,003 |
301,321 |
182
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Electronic
& Electrical Equipment — continued | ||
Hubbell,
Inc. |
4,222 |
1,002,641 |
IDEX
Corp. |
4,766 |
1,059,529 |
Keysight
Technologies, Inc. * |
6,326 |
1,101,673 |
nVent
Electric plc |
7,961 |
290,577 |
Pentair
plc |
5,509 |
236,612 |
Regal
Rexnord Corp. |
4,732 |
598,787 |
|
|
5,622,196 |
Finance
& Credit Services — 0.5% | ||
Ally
Financial, Inc. |
10,841 |
298,778 |
Morningstar,
Inc. |
1,305 |
302,995 |
OneMain
Holdings, Inc. |
17,189 |
662,808 |
|
|
1,264,581 |
Food
Producers — 5.8% | ||
Bunge
Ltd. |
9,688 |
956,206 |
Campbell
Soup Co. |
21,616 |
1,143,702 |
Conagra
Brands, Inc. |
29,316 |
1,075,897 |
Corteva,
Inc. |
17,949 |
1,172,788 |
Darling
Ingredients, Inc. * |
14,499 |
1,137,881 |
Flowers
Foods, Inc. |
40,429 |
1,160,717 |
Hershey
Co. (The) |
4,905 |
1,171,167 |
Hormel
Foods Corp. |
19,496 |
905,589 |
Ingredion,
Inc. |
12,265 |
1,093,057 |
J
M Smucker Co. (The) |
7,872 |
1,185,995 |
Kellogg
Co. |
14,265 |
1,095,837 |
Lamb
Weston Holdings, Inc. |
2,609 |
224,948 |
McCormick
& Co., Inc. (Non-Voting) |
9,289 |
730,487 |
Pilgrim's
Pride Corp. * |
22,433 |
517,081 |
Post
Holdings, Inc. * |
12,426 |
1,123,559 |
Tyson
Foods, Inc., Class A |
12,443 |
850,479 |
|
|
15,545,390 |
Gas,
Water & Multi-utilities — 2.6% | ||
Ameren
Corp. |
11,916 |
971,392 |
Atmos
Energy Corp. |
7,397 |
788,150 |
CenterPoint
Energy, Inc. |
34,982 |
1,000,835 |
Essential
Utilities, Inc. |
8,613 |
380,867 |
National
Fuel Gas Co. |
15,484 |
1,045,015 |
NiSource,
Inc. |
37,395 |
960,678 |
UGI
Corp. |
27,212 |
961,400 |
WEC
Energy Group, Inc. |
10,698 |
977,048 |
|
|
7,085,385 |
General
Industrials — 1.9% | ||
AptarGroup,
Inc. |
170 |
16,856 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
General
Industrials — continued | ||
Carlisle
Cos., Inc. |
1,094 |
261,247 |
ITT,
Inc. |
3,732 |
285,087 |
Packaging
Corp. of America |
5,888 |
707,797 |
Parker-Hannifin
Corp. |
2,814 |
817,805 |
PPG
Industries, Inc. |
7,217 |
824,037 |
RPM
International, Inc. |
11,839 |
1,119,614 |
Silgan
Holdings, Inc. |
10,017 |
474,405 |
Sonoco
Products Co. |
8,566 |
531,777 |
Westrock
Co. |
4,921 |
167,609 |
|
|
5,206,234 |
Health
Care Providers — 3.3% | ||
Acadia
Healthcare Co., Inc. * |
13,459 |
1,094,217 |
Amedisys,
Inc. * |
3,564 |
347,811 |
Chemed
Corp. |
2,310 |
1,078,470 |
DaVita,
Inc. * |
8,825 |
644,313 |
Encompass
Health Corp. |
10,872 |
591,872 |
Enhabit,
Inc. * |
5,749 |
71,402 |
IQVIA
Holdings, Inc. * |
4,743 |
994,465 |
Molina
Healthcare, Inc. * |
3,266 |
1,172,037 |
Premier,
Inc., Class A |
20,111 |
701,471 |
Tenet
Healthcare Corp. * |
13,277 |
588,968 |
Universal
Health Services, Inc., Class B |
6,128 |
710,051 |
Veeva
Systems, Inc., Class A * |
5,252 |
882,021 |
|
|
8,877,098 |
Household
Goods & Home Construction — 1.0% | ||
Leggett
& Platt, Inc. |
10,453 |
352,789 |
Lennar
Corp., Class A |
10,723 |
865,346 |
NVR,
Inc. * |
25 |
105,944 |
Toll
Brothers, Inc. |
17,248 |
743,044 |
Whirlpool
Corp. |
4,873 |
673,643 |
|
|
2,740,766 |
Industrial
Engineering — 1.9% | ||
Cummins,
Inc. |
4,737 |
1,158,244 |
Graco,
Inc. |
14,405 |
1,002,300 |
Lincoln
Electric Holdings, Inc. |
4,542 |
644,964 |
Nordson
Corp. |
717 |
161,325 |
Snap-on,
Inc. |
5,065 |
1,124,683 |
Toro
Co. (The) |
8,339 |
879,181 |
|
|
4,970,697 |
Industrial
Materials — 0.5% | ||
Avery
Dennison Corp. |
1,523 |
258,224 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
183
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Industrial
Materials — continued | ||
Hexcel
Corp. |
6,067 |
337,932 |
International
Paper Co. |
20,388 |
685,241 |
|
|
1,281,397 |
Industrial
Metals & Mining — 3.1% | ||
Alcoa
Corp. |
16,497 |
643,878 |
Cleveland-Cliffs,
Inc. * |
47,231 |
613,531 |
Fastenal
Co. |
19,286 |
932,092 |
MP
Materials Corp. * |
21,650 |
650,366 |
Nucor
Corp. |
8,307 |
1,091,374 |
Reliance
Steel & Aluminum Co. |
5,865 |
1,181,680 |
Steel
Dynamics, Inc. |
13,666 |
1,285,287 |
Timken
Co. (The) |
12,958 |
923,776 |
United
States Steel Corp. |
48,273 |
982,838 |
|
|
8,304,822 |
Industrial
Support Services — 1.8% | ||
ADT,
Inc. |
11,420 |
96,613 |
Booz
Allen Hamilton Holding Corp. |
2,972 |
323,502 |
FTI
Consulting, Inc. * |
1,834 |
285,426 |
MSC
Industrial Direct Co., Inc., Class A |
7,292 |
605,090 |
Paychex,
Inc. |
6,261 |
740,739 |
Robert
Half International, Inc. |
6,850 |
523,751 |
Synchrony
Financial |
23,394 |
831,891 |
Western
Union Co. (The) |
10,428 |
140,882 |
WW
Grainger, Inc. |
1,989 |
1,162,272 |
|
|
4,710,166 |
Industrial
Transportation — 1.5% | ||
Allison
Transmission Holdings, Inc. |
17,372 |
733,967 |
Expeditors
International of Washington, Inc. |
6,311 |
617,531 |
Landstar
System, Inc. |
5,509 |
860,616 |
Old
Dominion Freight Line, Inc. |
3,346 |
918,812 |
PACCAR,
Inc. |
3,113 |
301,432 |
Ryder
System, Inc. |
4,977 |
400,698 |
Schneider
National, Inc., Class B |
7,429 |
165,221 |
|
|
3,998,277 |
Investment
Banking & Brokerage Services — 2.7% | ||
Ameriprise
Financial, Inc. |
2,846 |
879,755 |
Broadridge
Financial Solutions, Inc. |
1,237 |
185,624 |
Invesco
Ltd. |
46,530 |
712,840 |
Jefferies
Financial Group, Inc. |
33,868 |
1,165,398 |
LPL
Financial Holdings, Inc. |
4,735 |
1,210,503 |
Nasdaq,
Inc. |
10,344 |
643,810 |
Raymond
James Financial, Inc. |
6,033 |
712,739 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Investment
Banking & Brokerage Services — continued | ||
State
Street Corp. |
14,120 |
1,044,880 |
Virtu
Financial, Inc., Class A |
26,886 |
601,709 |
|
|
7,157,258 |
Leisure
Goods — 0.9% | ||
Garmin
Ltd. |
6,949 |
611,790 |
Harley-Davidson,
Inc. |
1,691 |
72,713 |
Polaris,
Inc. |
4,000 |
406,400 |
Pool
Corp. |
2,151 |
654,399 |
Take-Two
Interactive Software, Inc. * |
6,040 |
715,619 |
|
|
2,460,921 |
Life
Insurance — 0.8% | ||
Lincoln
National Corp. |
3,532 |
190,269 |
Principal
Financial Group, Inc. |
14,748 |
1,299,741 |
Unum
Group |
15,414 |
702,724 |
|
|
2,192,734 |
Media
— 0.9% | ||
Interpublic
Group of Cos., Inc. (The) |
34,365 |
1,023,733 |
Liberty
Media Corp.-Liberty SiriusXM, Class A * |
10,251 |
435,053 |
Nexstar
Media Group, Inc., Class A |
5,767 |
987,887 |
|
|
2,446,673 |
Medical
Equipment & Services — 6.2% | ||
Agilent
Technologies, Inc. |
6,961 |
963,054 |
Bio-Rad
Laboratories, Inc., Class A * |
1,650 |
580,322 |
Bio-Techne
Corp. |
2,540 |
752,500 |
Bruker
Corp. |
13,658 |
844,611 |
Cooper
Cos., Inc. (The) |
1,795 |
490,735 |
DENTSPLY
SIRONA, Inc. |
16,836 |
518,886 |
Envista
Holdings Corp. * |
25,355 |
836,969 |
Globus
Medical, Inc., Class A * |
10,811 |
724,337 |
Henry
Schein, Inc. * |
15,026 |
1,028,680 |
Hologic,
Inc. * |
16,278 |
1,103,648 |
ICU
Medical, Inc. * |
3,400 |
504,594 |
Integra
LifeSciences Holdings Corp. * |
7,584 |
381,096 |
Laboratory
Corp. of America Holdings |
4,016 |
890,990 |
Masimo
Corp. * |
3,482 |
458,231 |
PerkinElmer,
Inc. |
6,588 |
880,025 |
QIAGEN
NV * |
18,707 |
814,877 |
Quest
Diagnostics, Inc. |
8,799 |
1,263,976 |
QuidelOrtho
Corp. * |
9,038 |
811,793 |
ResMed,
Inc. |
4,300 |
961,867 |
STERIS
plc |
5,037 |
869,285 |
184
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Medical
Equipment & Services — continued | ||
Teleflex,
Inc. |
651 |
139,679 |
West
Pharmaceutical Services, Inc. |
2,754 |
633,695 |
|
|
16,453,850 |
Mortgage
Real Estate Investment Trusts — 0.6% | ||
Annaly
Capital Management, Inc. |
8,764 |
162,572 |
Rithm
Capital Corp. |
76,003 |
640,706 |
Starwood
Property Trust, Inc. |
40,638 |
839,581 |
|
|
1,642,859 |
Non-life
Insurance — 3.2% | ||
American
Financial Group, Inc. |
7,241 |
1,050,741 |
Arch
Capital Group Ltd. * |
2,331 |
134,032 |
Arthur
J Gallagher & Co. |
6,072 |
1,135,950 |
Assurant,
Inc. |
4,001 |
543,576 |
Assured
Guaranty Ltd. |
5,517 |
326,551 |
Axis
Capital Holdings Ltd. |
5,156 |
281,878 |
Brown
& Brown, Inc. |
16,197 |
952,222 |
CNA
Financial Corp. |
144 |
6,005 |
Everest
Re Group Ltd. |
1,500 |
483,990 |
Fidelity
National Financial, Inc. |
8,407 |
331,068 |
First
American Financial Corp. |
4,807 |
242,273 |
Hanover
Insurance Group, Inc. (The) |
1,998 |
292,687 |
Hartford
Financial Services Group, Inc. (The) |
16,037 |
1,161,239 |
Old
Republic International Corp. |
41,779 |
969,691 |
Reinsurance
Group of America, Inc. |
2,767 |
407,219 |
WR
Berkley Corp. |
3,492 |
259,735 |
|
|
8,578,857 |
Non-Renewable
Energy — 5.9% | ||
Antero
Midstream Corp. |
106,833 |
1,137,771 |
Antero
Resources Corp. * |
22,091 |
809,856 |
APA
Corp. |
18,295 |
831,691 |
Baker
Hughes Co. |
31,926 |
883,073 |
Chesapeake
Energy Corp. |
4,291 |
438,841 |
Continental
Resources, Inc. |
15,784 |
1,167,543 |
Coterra
Energy, Inc. |
35,410 |
1,102,313 |
Devon
Energy Corp. |
15,621 |
1,208,284 |
Diamondback
Energy, Inc. |
7,658 |
1,203,148 |
DT
Midstream, Inc. |
4,044 |
241,427 |
Halliburton
Co. |
28,364 |
1,033,017 |
HF
Sinclair Corp. |
16,801 |
1,027,717 |
Marathon
Oil Corp. |
43,100 |
1,312,395 |
Targa
Resources Corp. |
16,135 |
1,103,150 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Non-Renewable
Energy — continued | ||
Texas
Pacific Land Corp. |
506 |
1,165,758 |
Williams
Cos., Inc. (The) |
31,494 |
1,030,799 |
|
|
15,696,783 |
Personal
Care, Drug & Grocery Stores — 2.9% | ||
Albertsons
Cos., Inc., Class A |
32,435 |
665,242 |
AmerisourceBergen
Corp. |
7,512 |
1,181,037 |
Casey's
General Stores, Inc. |
4,631 |
1,077,680 |
Church
& Dwight Co., Inc. |
11,479 |
850,938 |
Clorox
Co. (The) |
6,025 |
879,891 |
Grocery
Outlet Holding Corp. * |
22,450 |
776,097 |
Kroger
Co. (The) |
20,111 |
951,049 |
Olaplex
Holdings, Inc. * |
50,838 |
223,687 |
Reynolds
Consumer Products, Inc. |
17,756 |
542,268 |
Spectrum
Brands Holdings, Inc. |
12,516 |
577,488 |
|
|
7,725,377 |
Personal
Goods — 0.4% | ||
Carter's,
Inc. |
2,284 |
155,015 |
Tapestry,
Inc. |
24,918 |
789,402 |
|
|
944,417 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 2.9% | ||
Cardinal
Health, Inc. |
15,593 |
1,183,509 |
Exelixis,
Inc. * |
20,786 |
344,632 |
Horizon
Therapeutics plc * |
10,800 |
673,056 |
Incyte
Corp. * |
7,433 |
552,569 |
Jazz
Pharmaceuticals plc * |
7,114 |
1,022,922 |
Maravai
LifeSciences Holdings, Inc., Class A * |
17,362 |
288,209 |
Organon
& Co. |
17,138 |
448,673 |
Royalty
Pharma plc |
26,377 |
1,116,274 |
Syneos
Health, Inc. * |
6,478 |
326,362 |
United
Therapeutics Corp. * |
4,866 |
1,121,759 |
Viatris,
Inc. |
54,694 |
554,050 |
|
|
7,632,015 |
Precious
Metals & Mining — 0.2% | ||
SSR
Mining, Inc. (Canada) |
42,289 |
583,588 |
Real
Estate Investment & Services — 0.7% | ||
CBRE
Group, Inc., Class A * |
13,168 |
934,138 |
Jones
Lang LaSalle, Inc. * |
5,191 |
825,836 |
|
|
1,759,974 |
Real
Estate Investment Trusts — 8.1% | ||
American
Homes 4 Rent, Class A |
14,058 |
449,013 |
Brixmor
Property Group, Inc. |
35,724 |
761,278 |
Camden
Property Trust |
5,994 |
692,607 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
185
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Real
Estate Investment Trusts — continued | ||
CubeSmart |
19,106 |
799,968 |
EPR
Properties |
3,434 |
132,552 |
Extra
Space Storage, Inc. |
5,556 |
985,857 |
First
Industrial Realty Trust, Inc. |
8,591 |
409,189 |
Gaming
and Leisure Properties, Inc. |
22,859 |
1,145,693 |
Healthcare
Realty Trust, Inc. |
28,590 |
581,235 |
Highwoods
Properties, Inc. |
8,945 |
252,517 |
Host
Hotels & Resorts, Inc. |
50,462 |
952,723 |
Iron
Mountain, Inc. |
20,988 |
1,050,869 |
Kimco
Realty Corp. |
49,180 |
1,051,468 |
Lamar
Advertising Co., Class A |
10,702 |
987,046 |
Life
Storage, Inc. |
8,299 |
917,952 |
Medical
Properties Trust, Inc. |
43,383 |
496,735 |
Mid-America
Apartment Communities, Inc. |
5,427 |
854,481 |
National
Retail Properties, Inc. |
4,005 |
168,330 |
Omega
Healthcare Investors, Inc. |
33,781 |
1,073,560 |
Rayonier,
Inc. |
20,839 |
702,274 |
Regency
Centers Corp. |
7,300 |
441,723 |
Rexford
Industrial Realty, Inc. |
13,458 |
743,958 |
Simon
Property Group, Inc. |
8,114 |
884,264 |
SL
Green Realty Corp. |
7,110 |
282,125 |
Spirit
Realty Capital, Inc. |
11,388 |
442,196 |
Ventas,
Inc. |
15,874 |
621,150 |
VICI
Properties, Inc. |
30,558 |
978,467 |
Welltower,
Inc. |
12,740 |
777,650 |
Weyerhaeuser
Co. |
32,328 |
999,905 |
WP
Carey, Inc. |
13,142 |
1,002,735 |
|
|
21,639,520 |
Renewable
Energy — 0.4% | ||
Enphase
Energy, Inc. * |
3,847 |
1,181,029 |
Retailers
— 3.3% | ||
AutoNation,
Inc. * |
8,862 |
942,119 |
AutoZone,
Inc. * |
426 |
1,079,007 |
Bath
& Body Works, Inc. |
3,163 |
105,581 |
Best
Buy Co., Inc. |
9,196 |
629,099 |
Dick's
Sporting Goods, Inc. |
9,187 |
1,045,113 |
Kohl's
Corp. |
16,559 |
495,942 |
Macy's,
Inc. |
36,326 |
757,397 |
O'Reilly
Automotive, Inc. * |
1,123 |
940,142 |
Penske
Automotive Group, Inc. |
8,989 |
1,003,352 |
Tractor
Supply Co. |
4,877 |
1,071,818 |
Williams-Sonoma,
Inc. |
6,249 |
773,814 |
|
|
8,843,384 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Software
& Computer Services — 5.2% | ||
Akamai
Technologies, Inc. * |
3,925 |
346,695 |
Amdocs
Ltd. |
12,903 |
1,113,658 |
ANSYS,
Inc. * |
3,232 |
714,789 |
CACI
International, Inc., Class A * |
3,064 |
931,548 |
Cadence
Design Systems, Inc. * |
6,344 |
960,418 |
Dell
Technologies, Inc., Class C |
13,883 |
533,107 |
Dolby
Laboratories, Inc., Class A |
9,105 |
608,578 |
EPAM
Systems, Inc. * |
2,082 |
728,700 |
Fortinet,
Inc. * |
17,673 |
1,010,189 |
Gartner,
Inc. * |
3,282 |
990,902 |
Hewlett
Packard Enterprise Co. |
55,175 |
787,347 |
Leidos
Holdings, Inc. |
8,087 |
821,558 |
Manhattan
Associates, Inc. * |
7,805 |
949,634 |
NortonLifeLock,
Inc. |
29,862 |
672,791 |
Paycom
Software, Inc. * |
473 |
163,658 |
Science
Applications International Corp. |
2,797 |
303,027 |
SS&C
Technologies Holdings, Inc. |
15,261 |
784,721 |
Synopsys,
Inc. * |
3,190 |
933,235 |
Tyler
Technologies, Inc. * |
1,976 |
638,900 |
|
|
13,993,455 |
Technology
Hardware & Equipment — 4.5% | ||
Amphenol
Corp., Class A |
14,907 |
1,130,398 |
CDW
Corp. |
6,167 |
1,065,719 |
Cirrus
Logic, Inc. * |
8,487 |
569,648 |
Concentrix
Corp. |
4,156 |
507,988 |
Corning,
Inc. |
22,523 |
724,565 |
Entegris,
Inc. |
9,009 |
714,774 |
HP,
Inc. |
22,226 |
613,882 |
Jabil,
Inc. |
16,097 |
1,034,232 |
Microchip
Technology, Inc. |
8,826 |
544,917 |
Monolithic
Power Systems, Inc. |
2,438 |
827,579 |
National
Instruments Corp. |
2,012 |
76,818 |
NetApp,
Inc. |
10,853 |
751,787 |
ON
Semiconductor Corp. * |
15,269 |
937,975 |
Qorvo,
Inc. * |
6,663 |
573,551 |
Skyworks
Solutions, Inc. |
6,243 |
536,961 |
TD
SYNNEX Corp. |
6,751 |
617,784 |
Teradyne,
Inc. |
8,349 |
679,191 |
|
|
11,907,769 |
Telecommunications
Equipment — 2.4% | ||
Arista
Networks, Inc. * |
9,197 |
1,111,549 |
Ciena
Corp. * |
17,579 |
842,034 |
Juniper
Networks, Inc. |
34,457 |
1,054,384 |
186
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Telecommunications
Equipment — continued | ||
Lumentum
Holdings, Inc. * |
12,601 |
938,145 |
Motorola
Solutions, Inc. |
4,532 |
1,131,686 |
Ubiquiti,
Inc. |
3,554 |
1,232,350 |
Viasat,
Inc. * |
3,295 |
134,963 |
|
|
6,445,111 |
Telecommunications
Service Providers — 1.4% | ||
Altice
USA, Inc., Class A * |
82,382 |
544,545 |
Cable
One, Inc. |
666 |
572,380 |
DISH
Network Corp., Class A * |
47,046 |
701,456 |
Frontier
Communications Parent, Inc. * |
20,103 |
470,812 |
Liberty
Broadband Corp., Class C * |
6,873 |
580,288 |
Lumen
Technologies, Inc. |
108,275 |
796,904 |
|
|
3,666,385 |
Travel
& Leisure — 0.6% | ||
Boyd
Gaming Corp. |
13,151 |
759,602 |
Choice
Hotels International, Inc. |
2,492 |
323,561 |
Copa
Holdings SA, Class A (Panama) * |
5,923 |
445,587 |
Travel
+ Leisure Co. |
4,862 |
184,659 |
Wendy's
Co. (The) |
733 |
15,232 |
|
|
1,728,641 |
Waste
& Disposal Services — 0.9% | ||
Clean
Harbors, Inc. * |
9,390 |
1,149,899 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Waste
& Disposal Services — continued | ||
Republic
Services, Inc. |
7,724 |
1,024,357 |
Stericycle,
Inc. * |
6,706 |
298,954 |
|
|
2,473,210 |
Total
Common Stocks
(Cost
$257,200,919) |
|
266,632,252 |
Short-Term
Investments — 0.1% | ||
Investment
Companies — 0.1% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b)(Cost
$414,054) |
414,054 |
414,054 |
Total
Investments — 99.8%
(Cost
$257,614,973) |
|
267,046,306 |
Assets
in Excess of Other Liabilities — 0.2% |
|
474,224 |
NET
ASSETS — 100.0% |
|
267,520,530 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
Midcap 400 E-Mini Index |
3 |
12/16/2022 |
USD |
732,120 |
35,424 |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
187
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.8% | ||
Aerospace
& Defense — 0.1% | ||
Moog,
Inc., Class A |
1,815 |
153,821 |
National
Presto Industries, Inc. |
2,049 |
144,434 |
|
|
298,255 |
Automobiles
& Parts — 0.4% | ||
Dorman
Products, Inc. * |
5,578 |
455,276 |
Gentherm,
Inc. * |
12,578 |
734,807 |
|
|
1,190,083 |
Banks
— 5.6% | ||
1st
Source Corp. |
2,273 |
132,198 |
Ameris
Bancorp |
13,966 |
719,389 |
Atlantic
Union Bankshares Corp. |
8,726 |
301,396 |
Axos
Financial, Inc. * |
8,732 |
340,199 |
BancFirst
Corp. |
1,572 |
150,629 |
Bank
of NT Butterfield & Son Ltd. (The)
(Bermuda) |
13,684 |
472,645 |
Banner
Corp. |
5,055 |
377,861 |
Brookline
Bancorp, Inc. |
12,614 |
173,443 |
Capital
City Bank Group, Inc. |
966 |
34,216 |
Cathay
General Bancorp |
13,982 |
637,579 |
Community
Trust Bancorp, Inc. |
3,541 |
167,454 |
First
BanCorp (Puerto Rico) |
24,647 |
389,176 |
First
Busey Corp. |
3,517 |
92,884 |
First
Financial Bancorp |
9,190 |
239,583 |
First
Financial Bankshares, Inc. |
11,413 |
439,286 |
First
Financial Corp. |
1,698 |
82,336 |
First
Merchants Corp. |
4,452 |
199,895 |
Flagstar
Bancorp, Inc. |
13,428 |
519,664 |
Fulton
Financial Corp. |
18,621 |
339,461 |
Hancock
Whitney Corp. |
8,679 |
484,896 |
Hilltop
Holdings, Inc. |
28,885 |
836,221 |
Home
BancShares, Inc. |
2,127 |
54,217 |
Hope
Bancorp, Inc. |
42,023 |
570,252 |
Independent
Bank Group, Inc. |
6,086 |
383,966 |
Lakeland
Financial Corp. |
3,142 |
259,686 |
NBT
Bancorp, Inc. |
3,657 |
173,305 |
OceanFirst
Financial Corp. |
16,224 |
366,338 |
OFG
Bancorp (Puerto Rico) |
10,769 |
300,240 |
Old
National Bancorp |
52,045 |
1,018,000 |
Renasant
Corp. |
11,039 |
445,644 |
Republic
Bancorp, Inc., Class A |
2,733 |
126,675 |
Sandy
Spring Bancorp, Inc. |
3,507 |
124,288 |
Simmons
First National Corp., Class A |
21,429 |
511,510 |
TrustCo
Bank Corp. |
3,125 |
116,625 |
Trustmark
Corp. |
16,627 |
608,049 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Banks
— continued | ||
UMB
Financial Corp. |
8,555 |
711,947 |
United
Bankshares, Inc. |
23,429 |
992,218 |
United
Community Banks, Inc. |
12,546 |
483,021 |
Valley
National Bancorp |
74,867 |
888,671 |
Washington
Federal, Inc. |
10,505 |
406,544 |
WesBanco,
Inc. (a) |
10,309 |
416,896 |
|
|
16,088,503 |
Beverages
— 1.6% | ||
BRC,
Inc., Class A *
(a) |
31,961 |
231,717 |
Celsius
Holdings, Inc. * |
8,278 |
753,960 |
Coca-Cola
Consolidated, Inc. |
1,586 |
772,398 |
Duckhorn
Portfolio, Inc. (The) * |
31,223 |
456,481 |
MGP
Ingredients, Inc. |
7,925 |
887,996 |
National
Beverage Corp. |
15,386 |
729,604 |
Primo
Water Corp. |
45,337 |
661,467 |
|
|
4,493,623 |
Chemicals
— 3.6% | ||
AdvanSix,
Inc. |
16,671 |
606,491 |
American
Vanguard Corp. |
21,800 |
507,286 |
Avient
Corp. |
19,005 |
655,482 |
Balchem
Corp. |
6,599 |
922,540 |
Cabot
Corp. |
12,089 |
888,300 |
Ingevity
Corp. * |
12,196 |
820,425 |
Innospec,
Inc. |
8,443 |
844,215 |
Intrepid
Potash, Inc. * |
10,239 |
463,315 |
Livent
Corp. *
(a) |
26,631 |
840,741 |
LSB
Industries, Inc. * |
43,054 |
759,042 |
Orion
Engineered Carbons SA (Germany) |
33,251 |
530,686 |
Quaker
Chemical Corp. |
1,883 |
306,251 |
Rayonier
Advanced Materials, Inc. * |
60,978 |
277,450 |
Sensient
Technologies Corp. |
10,743 |
767,695 |
Stepan
Co. |
6,670 |
696,615 |
Tronox
Holdings plc, Class A |
47,092 |
565,104 |
|
|
10,451,638 |
Construction
& Materials — 1.7% | ||
Comfort
Systems USA, Inc. |
8,653 |
1,066,742 |
EMCOR
Group, Inc. |
6,690 |
943,959 |
Exponent,
Inc. |
5,775 |
550,126 |
GMS,
Inc. * |
8,660 |
408,752 |
Griffon
Corp. |
6,396 |
205,567 |
Installed
Building Products, Inc. |
4,043 |
347,698 |
Masonite
International Corp. * |
4,155 |
297,207 |
Mueller
Water Products, Inc., Class A |
5,367 |
62,794 |
188
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Construction
& Materials — continued | ||
Patrick
Industries, Inc. |
5,070 |
231,750 |
Quanex
Building Products Corp. |
6,962 |
154,278 |
Simpson
Manufacturing Co., Inc. |
7,204 |
615,798 |
|
|
4,884,671 |
Consumer
Services — 0.5% | ||
Carriage
Services, Inc. |
2,761 |
67,396 |
Laureate
Education, Inc., Class A |
58,309 |
737,026 |
Perdoceo
Education Corp. * |
28,762 |
328,750 |
Rent-A-Center,
Inc. |
17,279 |
360,267 |
|
|
1,493,439 |
Electricity
— 1.9% | ||
ALLETE,
Inc. |
10,742 |
604,452 |
Clearway
Energy, Inc., Class C |
23,054 |
800,896 |
MGE
Energy, Inc. |
7,526 |
512,445 |
NorthWestern
Corp. |
14,892 |
786,744 |
NuScale
Power Corp. *
(a) |
24,084 |
271,668 |
Ormat
Technologies, Inc. (a) |
7,492 |
677,652 |
PNM
Resources, Inc. |
18,261 |
848,589 |
Portland
General Electric Co. |
16,579 |
745,060 |
Via
Renewables, Inc. |
25,925 |
181,216 |
|
|
5,428,722 |
Electronic
& Electrical Equipment — 1.4% | ||
Atkore,
Inc. * |
8,839 |
842,357 |
AZZ,
Inc. |
6,444 |
259,049 |
Badger
Meter, Inc. |
7,971 |
896,578 |
Brady
Corp., Class A |
6,840 |
312,930 |
Encore
Wire Corp. |
6,673 |
918,138 |
Watts
Water Technologies, Inc., Class A |
5,289 |
774,098 |
|
|
4,003,150 |
Finance
& Credit Services — 1.6% | ||
Encore
Capital Group, Inc. * |
6,840 |
348,293 |
Enova
International, Inc. * |
11,779 |
441,595 |
Mr.
Cooper Group, Inc. * |
20,135 |
795,131 |
Navient
Corp. |
56,357 |
853,245 |
Nelnet,
Inc., Class A |
2,279 |
203,036 |
PennyMac
Financial Services, Inc. |
13,935 |
743,014 |
Radian
Group, Inc. |
37,603 |
784,775 |
Walker
& Dunlop, Inc. |
5,092 |
458,076 |
|
|
4,627,165 |
Food
Producers — 4.3% | ||
Andersons,
Inc. (The) |
15,805 |
557,442 |
B&G
Foods, Inc. (a) |
26,482 |
433,775 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Food
Producers — continued | ||
BellRing
Brands, Inc. * |
25,953 |
628,582 |
Cal-Maine
Foods, Inc. |
16,127 |
911,337 |
Fresh
Del Monte Produce, Inc. |
22,354 |
582,992 |
GrowGeneration
Corp. *
(a) |
31,658 |
113,019 |
Hain
Celestial Group, Inc. (The) * |
28,134 |
526,387 |
Herbalife
Nutrition Ltd. * |
27,246 |
579,250 |
Hostess
Brands, Inc. * |
37,417 |
990,802 |
J
& J Snack Foods Corp. |
4,886 |
721,222 |
John
B Sanfilippo & Son, Inc. |
6,533 |
544,918 |
Lancaster
Colony Corp. |
4,692 |
845,874 |
Medifast,
Inc. |
4,532 |
530,199 |
Nature's
Sunshine Products, Inc. * |
7,541 |
63,646 |
Simply
Good Foods Co. (The) * |
23,135 |
886,070 |
Sovos
Brands, Inc. * |
10,942 |
151,656 |
SunOpta,
Inc. (Canada) * |
47,303 |
531,213 |
Tootsie
Roll Industries, Inc. |
19,502 |
787,686 |
TreeHouse
Foods, Inc. * |
18,616 |
935,268 |
USANA
Health Sciences, Inc. * |
7,770 |
408,003 |
Utz
Brands, Inc. |
40,893 |
662,875 |
|
|
12,392,216 |
Gas,
Water & Multi-utilities — 4.1% | ||
American
States Water Co. |
9,505 |
859,822 |
Archaea
Energy, Inc. * |
21,111 |
544,875 |
Aris
Water Solution, Inc., Class A |
10,673 |
181,761 |
Avista
Corp. |
17,437 |
715,440 |
Black
Hills Corp. |
11,526 |
753,455 |
Brookfield
Infrastructure Corp., Class A
(Canada) |
18,001 |
776,203 |
California
Water Service Group (a) |
11,495 |
713,380 |
Chesapeake
Utilities Corp. |
5,018 |
624,139 |
Evoqua
Water Technologies Corp. * |
22,582 |
884,763 |
Excelerate
Energy, Inc., Class A |
10,210 |
282,000 |
Middlesex
Water Co. |
5,277 |
472,133 |
New
Jersey Resources Corp. |
19,329 |
862,847 |
Northwest
Natural Holding Co. |
11,971 |
575,685 |
ONE
Gas, Inc. |
11,078 |
858,323 |
SJW
Group |
8,405 |
594,065 |
South
Jersey Industries, Inc. (a) |
17,388 |
602,842 |
Southwest
Gas Holdings, Inc. |
10,022 |
732,308 |
Spire,
Inc. |
10,132 |
707,315 |
|
|
11,741,356 |
General
Industrials — 1.4% | ||
Apogee
Enterprises, Inc. |
6,818 |
312,810 |
Barnes
Group, Inc. |
3,508 |
124,078 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
189
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
General
Industrials — continued | ||
CSW
Industrials, Inc. |
2,346 |
302,446 |
Greif,
Inc., Class A |
8,457 |
559,938 |
HB
Fuller Co. |
13,117 |
914,386 |
Kronos
Worldwide, Inc. |
23,366 |
221,977 |
Myers
Industries, Inc. |
7,036 |
142,760 |
Otter
Tail Corp. |
11,197 |
754,902 |
Standex
International Corp. |
2,373 |
235,045 |
TriMas
Corp. |
2,728 |
62,335 |
Trinseo
plc |
20,024 |
376,852 |
|
|
4,007,529 |
Health
Care Providers — 2.6% | ||
Addus
HomeCare Corp. *
(a) |
3,976 |
407,222 |
Apollo
Medical Holdings, Inc. *
(a) |
16,133 |
572,076 |
Brookdale
Senior Living, Inc. * |
11,478 |
51,307 |
Computer
Programs and Systems, Inc. * |
5,871 |
189,633 |
CorVel
Corp. * |
3,470 |
569,809 |
Ensign
Group, Inc. (The) |
10,189 |
914,768 |
Healthcare
Services Group, Inc. |
12,068 |
168,469 |
LHC
Group, Inc. * |
4,773 |
797,568 |
ModivCare,
Inc. * |
4,990 |
485,228 |
NextGen
Healthcare, Inc. * |
13,426 |
269,057 |
Omnicell,
Inc. * |
5,476 |
423,404 |
Option
Care Health, Inc. * |
28,051 |
848,823 |
Pennant
Group, Inc. (The) * |
12,470 |
153,506 |
RadNet,
Inc. * |
9,807 |
187,510 |
Select
Medical Holdings Corp. |
24,954 |
640,819 |
Surgery
Partners, Inc. *
(a) |
19,751 |
537,030 |
US
Physical Therapy, Inc. |
2,296 |
203,885 |
|
|
7,420,114 |
Household
Goods & Home Construction — 1.5% | ||
Beazer
Homes USA, Inc. * |
6,805 |
76,965 |
Central
Garden & Pet Co., Class A * |
10,421 |
407,878 |
CompX
International, Inc. |
2,029 |
36,177 |
Ethan
Allen Interiors, Inc. |
26,815 |
686,196 |
HNI
Corp. |
13,680 |
396,583 |
Interface,
Inc. |
34,479 |
389,957 |
La-Z-Boy,
Inc. |
22,840 |
565,747 |
LGI
Homes, Inc. *
(a) |
1,639 |
150,870 |
M/I
Homes, Inc. * |
9,834 |
408,013 |
MDC
Holdings, Inc. |
5,917 |
180,232 |
MillerKnoll,
Inc. |
15,108 |
319,987 |
Sleep
Number Corp. * |
2,205 |
61,167 |
Steelcase,
Inc., Class A |
23,946 |
186,060 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Household
Goods & Home Construction — continued | ||
Taylor
Morrison Home Corp. * |
13,912 |
366,442 |
Tri
Pointe Homes, Inc. * |
10,605 |
177,634 |
|
|
4,409,908 |
Industrial
Engineering — 1.3% | ||
Albany
International Corp., Class A |
4,041 |
370,237 |
Astec
Industries, Inc. |
5,364 |
234,139 |
Columbus
McKinnon Corp. (a) |
8,016 |
228,616 |
EnPro
Industries, Inc. |
4,884 |
520,146 |
Franklin
Electric Co., Inc. |
9,096 |
745,326 |
Hillenbrand,
Inc. |
16,094 |
711,033 |
John
Bean Technologies Corp. |
2,501 |
228,091 |
Tennant
Co. |
1,681 |
97,918 |
Titan
Machinery, Inc. * |
4,134 |
142,127 |
Zurn
Elkay Water Solutions Corp. |
13,929 |
327,192 |
|
|
3,604,825 |
Industrial
Materials — 2.0% | ||
Boise
Cascade Co. |
13,893 |
927,636 |
Clearwater
Paper Corp. * |
15,093 |
671,337 |
Glatfelter
Corp. |
8,908 |
25,210 |
Koppers
Holdings, Inc. |
16,240 |
405,350 |
Materion
Corp. |
10,058 |
862,071 |
Mativ
Holdings, Inc. |
30,804 |
731,287 |
Minerals
Technologies, Inc. |
11,921 |
655,774 |
Resolute
Forest Products, Inc. * |
11,447 |
238,212 |
Sylvamo
Corp. |
8,420 |
405,591 |
Tredegar
Corp. |
13,306 |
144,902 |
UFP
Industries, Inc. |
10,963 |
780,895 |
|
|
5,848,265 |
Industrial
Metals & Mining — 3.7% | ||
Arconic
Corp. * |
2,039 |
42,330 |
Carpenter
Technology Corp. |
25,516 |
954,298 |
Century
Aluminum Co. *
(a) |
33,255 |
239,768 |
Commercial
Metals Co. |
21,455 |
976,202 |
Compass
Minerals International, Inc. |
13,292 |
525,566 |
Constellium
SE * |
40,345 |
444,602 |
Energy
Fuels, Inc. *
(a) |
69,378 |
499,522 |
GrafTech
International Ltd. |
76,288 |
388,306 |
Haynes
International, Inc. |
9,610 |
470,025 |
Kaiser
Aluminum Corp. (a) |
5,221 |
421,804 |
Mueller
Industries, Inc. |
13,749 |
861,237 |
Olympic
Steel, Inc. |
6,652 |
181,001 |
RBC
Bearings, Inc. * |
3,623 |
918,539 |
Ryerson
Holding Corp. |
11,985 |
402,097 |
190
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Industrial
Metals & Mining — continued | ||
Schnitzer
Steel Industries, Inc., Class A |
18,181 |
490,705 |
TimkenSteel
Corp. * |
35,597 |
620,812 |
Uranium
Energy Corp. *
(a) |
122,671 |
516,445 |
US
Silica Holdings, Inc. * |
58,443 |
840,995 |
Worthington
Industries, Inc. |
14,448 |
687,147 |
|
|
10,481,401 |
Industrial
Support Services — 2.4% | ||
ABM
Industries, Inc. |
11,229 |
499,803 |
Applied
Industrial Technologies, Inc. |
8,201 |
1,020,040 |
ASGN,
Inc. * |
7,211 |
611,349 |
CoreCivic,
Inc., REIT * |
44,084 |
461,559 |
CRA
International, Inc. |
3,576 |
367,398 |
Distribution
Solutions Group, Inc. * |
339 |
10,197 |
DXP
Enterprises, Inc. * |
1,545 |
44,202 |
EVERTEC,
Inc. (Puerto Rico) (a) |
9,820 |
351,654 |
ExlService
Holdings, Inc. * |
4,605 |
837,419 |
Forrester
Research, Inc. * |
3,958 |
167,503 |
Heidrick
& Struggles International, Inc. |
5,505 |
155,021 |
Insperity,
Inc. |
4,286 |
505,834 |
Korn
Ferry |
6,308 |
350,662 |
Maximus,
Inc. |
11,779 |
726,411 |
Pitney
Bowes, Inc. (a) |
46,049 |
143,212 |
Resources
Connection, Inc. |
6,202 |
113,311 |
TriNet
Group, Inc. * |
6,815 |
442,839 |
TrueBlue,
Inc. * |
4,070 |
80,016 |
TTEC
Holdings, Inc. |
1,772 |
78,801 |
UniFirst
Corp. |
33 |
6,072 |
|
|
6,973,303 |
Industrial
Transportation — 2.8% | ||
ArcBest
Corp. |
6,840 |
543,301 |
Atlas
Air Worldwide Holdings, Inc. * |
8,684 |
878,300 |
Costamare,
Inc. (Monaco) |
20,293 |
191,566 |
DHT
Holdings, Inc. |
110,975 |
988,787 |
Federal
Signal Corp. |
8,117 |
378,658 |
Forward
Air Corp. |
5,158 |
546,077 |
Frontline
Ltd. (Norway) (a) |
53,859 |
676,469 |
GATX
Corp. |
4,645 |
486,378 |
Genco
Shipping & Trading Ltd. |
19,297 |
258,580 |
Hub
Group, Inc., Class A * |
1,988 |
154,269 |
Matson,
Inc. |
9,933 |
730,870 |
McGrath
RentCorp |
4,118 |
387,298 |
Saia,
Inc. * |
3,688 |
733,396 |
Scorpio
Tankers, Inc. (Monaco) |
4,003 |
191,904 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Industrial
Transportation — continued | ||
Triton
International Ltd. (Bermuda) |
14,587 |
885,285 |
Wabash
National Corp. |
7,047 |
152,567 |
|
|
8,183,705 |
Investment
Banking & Brokerage Services — 1.4% | ||
Artisan
Partners Asset Management, Inc., Class
A |
21,369 |
609,230 |
B.
Riley Financial, Inc. (a) |
2,599 |
105,727 |
Brightsphere
Investment Group, Inc. |
21,495 |
404,536 |
Cohen
& Steers, Inc. |
5,084 |
305,853 |
Cowen,
Inc., Class A (a) |
22,431 |
866,285 |
Federated
Hermes, Inc. |
21,086 |
732,739 |
Houlihan
Lokey, Inc. |
6,028 |
538,421 |
Moelis
& Co., Class A |
12,681 |
538,435 |
Virtus
Investment Partners, Inc. |
87 |
14,920 |
|
|
4,116,146 |
Leisure
Goods — 1.1% | ||
Camping
World Holdings, Inc., Class A |
23,926 |
665,861 |
Fox
Factory Holding Corp. * |
446 |
39,181 |
LCI
Industries |
3,910 |
414,890 |
Smith
& Wesson Brands, Inc. |
57,453 |
648,644 |
Sonos,
Inc. *
(a) |
23,510 |
378,981 |
Sturm
Ruger & Co., Inc. |
13,275 |
745,126 |
Universal
Electronics, Inc. * |
6,648 |
135,686 |
|
|
3,028,369 |
Life
Insurance — 0.6% | ||
American
Equity Investment Life Holding Co. |
15,430 |
664,724 |
CNO
Financial Group, Inc. |
43,483 |
959,235 |
National
Western Life Group, Inc., Class A |
308 |
60,990 |
|
|
1,684,949 |
Media
— 0.5% | ||
Gray
Television, Inc. |
19,718 |
279,010 |
QuinStreet,
Inc. * |
5,381 |
61,397 |
Scholastic
Corp. |
4,033 |
153,819 |
TEGNA,
Inc. |
40,491 |
845,452 |
|
|
1,339,678 |
Medical
Equipment & Services — 3.2% | ||
AdaptHealth
Corp. * |
22,463 |
512,156 |
Anika
Therapeutics, Inc. *
(a) |
2,748 |
78,098 |
AtriCure,
Inc. * |
11,038 |
464,921 |
Atrion
Corp. |
283 |
169,888 |
Avanos
Medical, Inc. * |
8,601 |
190,512 |
CONMED
Corp. (a) |
7,533 |
600,606 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
191
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Medical
Equipment & Services — continued | ||
Fulgent
Genetics, Inc. * |
13,169 |
521,888 |
Inogen,
Inc. * |
2,030 |
46,000 |
Integer
Holdings Corp. * |
8,753 |
545,575 |
Lantheus
Holdings, Inc. * |
11,059 |
818,255 |
Meridian
Bioscience, Inc. * |
26,610 |
850,722 |
Merit
Medical Systems, Inc. * |
14,670 |
1,008,856 |
Neogen
Corp. * |
22,136 |
292,195 |
NeoGenomics,
Inc. * |
27,242 |
207,175 |
OraSure
Technologies, Inc. * |
57,595 |
251,114 |
Orthofix
Medical, Inc. * |
5,244 |
84,219 |
Owens
& Minor, Inc. |
23,648 |
402,016 |
Patterson
Cos., Inc. |
29,753 |
772,685 |
STAAR
Surgical Co. * |
7,336 |
519,902 |
Surmodics,
Inc. * |
4,964 |
169,471 |
Varex
Imaging Corp. * |
23,764 |
525,422 |
Zynex,
Inc. (a) |
8,067 |
91,964 |
|
|
9,123,640 |
Mortgage
Real Estate Investment Trusts — 1.7% | ||
Apollo
Commercial Real Estate Finance, Inc. |
32,603 |
367,110 |
Arbor
Realty Trust, Inc. (a) |
31,551 |
434,457 |
Blackstone
Mortgage Trust, Inc., Class A |
20,975 |
523,536 |
Dynex
Capital, Inc. |
9,895 |
118,146 |
Ellington
Financial, Inc. (a) |
43,938 |
587,890 |
Granite
Point Mortgage Trust, Inc. |
8,598 |
67,580 |
iStar,
Inc. |
43,616 |
457,096 |
KKR
Real Estate Finance Trust, Inc. |
35,998 |
627,085 |
Ladder
Capital Corp. |
31,941 |
340,811 |
MFA
Financial, Inc. |
27,930 |
278,183 |
New
York Mortgage Trust, Inc. (a) |
81,445 |
219,087 |
PennyMac
Mortgage Investment Trust |
10,709 |
148,534 |
Ready
Capital Corp. |
25,760 |
312,211 |
Redwood
Trust, Inc. |
48,498 |
345,791 |
TPG
RE Finance Trust, Inc. |
12,732 |
107,840 |
|
|
4,935,357 |
Non-life
Insurance — 0.9% | ||
Employers
Holdings, Inc. |
8,007 |
349,185 |
Enstar
Group Ltd. * |
779 |
156,205 |
Essent
Group Ltd. |
7,123 |
281,928 |
Horace
Mann Educators Corp. |
7,012 |
276,694 |
Safety
Insurance Group, Inc. |
3,449 |
299,891 |
Selective
Insurance Group, Inc. |
6,808 |
667,729 |
Stewart
Information Services Corp. |
15,164 |
590,789 |
|
|
2,622,421 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Non-Renewable
Energy — 6.9% | ||
Alpha
Metallurgical Resources, Inc. |
3,625 |
612,081 |
Arch
Resources, Inc. (a) |
3,912 |
595,759 |
Archrock,
Inc. |
85,428 |
641,564 |
Berry
Corp. |
42,907 |
380,585 |
Brigham
Minerals, Inc., Class A |
12,588 |
390,228 |
Cactus,
Inc., Class A |
18,066 |
934,374 |
ChampionX
Corp. |
19,486 |
557,689 |
Civitas
Resources, Inc. |
11,395 |
796,624 |
CNX
Resources Corp. * |
38,596 |
648,799 |
CONSOL
Energy, Inc. |
12,089 |
761,849 |
CVR
Energy, Inc. (a) |
17,439 |
681,167 |
DMC
Global, Inc. * |
8,710 |
188,484 |
Dril-Quip,
Inc. * |
2,617 |
65,111 |
Helix
Energy Solutions Group, Inc. * |
80,596 |
564,172 |
Magnolia
Oil & Gas Corp., Class A |
31,207 |
801,396 |
Matador
Resources Co. (a) |
14,173 |
941,796 |
MRC
Global, Inc. * |
22,777 |
228,453 |
Nabors
Industries Ltd. * |
5,170 |
899,735 |
Newpark
Resources, Inc. * |
15,308 |
56,027 |
Northern
Oil and Gas, Inc. |
11,039 |
376,872 |
NOW,
Inc. * |
32,831 |
417,939 |
Oceaneering
International, Inc. * |
22,720 |
317,853 |
Patterson-UTI
Energy, Inc. |
49,161 |
867,692 |
PBF
Energy, Inc., Class A *
(a) |
18,409 |
814,598 |
Permian
Resources Corp. * |
95,244 |
930,534 |
ProPetro
Holding Corp. * |
65,150 |
771,376 |
Ranger
Oil Corp. |
17,708 |
724,257 |
RPC,
Inc. |
24,618 |
273,998 |
SandRidge
Energy, Inc. * |
27,136 |
512,599 |
SM
Energy Co. |
18,189 |
818,141 |
Solaris
Oilfield Infrastructure, Inc., Class A |
43,435 |
591,585 |
SunCoke
Energy, Inc. |
73,398 |
532,870 |
Warrior
Met Coal, Inc. |
12,241 |
454,631 |
World
Fuel Services Corp. |
26,527 |
676,173 |
|
|
19,827,011 |
Personal
Care, Drug & Grocery Stores — 3.5% | ||
ACCO
Brands Corp. |
61,748 |
284,041 |
Beauty
Health Co. (The) *
(a) |
48,985 |
559,899 |
Chefs'
Warehouse, Inc. (The) * |
20,498 |
750,842 |
Edgewell
Personal Care Co. |
19,216 |
753,075 |
Energizer
Holdings, Inc. |
20,489 |
591,927 |
Ingles
Markets, Inc., Class A |
9,890 |
933,319 |
Nu
Skin Enterprises, Inc., Class A |
15,217 |
581,137 |
PetMed
Express, Inc. (a) |
28,048 |
597,983 |
192
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Personal
Care, Drug & Grocery Stores — continued | ||
PLBY
Group, Inc. *
(a) |
18,001 |
65,164 |
Rite
Aid Corp. *
(a) |
94,498 |
493,280 |
SpartanNash
Co. |
27,550 |
983,810 |
Sprouts
Farmers Market, Inc. * |
29,969 |
884,085 |
United
Natural Foods, Inc. * |
19,280 |
817,665 |
Veru,
Inc. *
(a) |
55,832 |
683,384 |
WD-40
Co. (a) |
3,713 |
594,674 |
Weis
Markets, Inc. |
3,762 |
352,386 |
|
|
9,926,671 |
Personal
Goods — 0.8% | ||
Movado
Group, Inc. |
12,709 |
420,286 |
Oxford
Industries, Inc. |
6,603 |
671,723 |
Signet
Jewelers Ltd. |
11,799 |
769,767 |
Steven
Madden Ltd. |
13,502 |
403,305 |
|
|
2,265,081 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 4.3% | ||
Amphastar
Pharmaceuticals, Inc. * |
19,615 |
606,104 |
ANI
Pharmaceuticals, Inc. * |
5,856 |
225,983 |
Arcus
Biosciences, Inc. * |
8,742 |
222,746 |
Arrowhead
Pharmaceuticals, Inc. * |
16,860 |
586,897 |
Arvinas,
Inc. * |
9,121 |
453,405 |
Castle
Biosciences, Inc. * |
7,962 |
203,190 |
Catalyst
Pharmaceuticals, Inc. * |
56,155 |
778,870 |
Collegium
Pharmaceutical, Inc. * |
19,080 |
342,295 |
Corcept
Therapeutics, Inc. * |
19,111 |
546,575 |
Dynavax
Technologies Corp. *
(a) |
47,558 |
544,539 |
Eagle
Pharmaceuticals, Inc. * |
4,242 |
133,496 |
Emergent
BioSolutions, Inc. * |
8,850 |
184,611 |
Halozyme
Therapeutics, Inc. *
(a) |
16,304 |
779,494 |
Heska
Corp. *
(a) |
1,673 |
120,054 |
Innoviva,
Inc. *
(a) |
39,646 |
537,600 |
Ligand
Pharmaceuticals, Inc. * |
3,647 |
319,660 |
Medpace
Holdings, Inc. * |
5,129 |
1,138,535 |
Myriad
Genetics, Inc. * |
13,939 |
289,095 |
Pacira
BioSciences, Inc. * |
13,196 |
683,025 |
PDL
BioPharma, Inc. ‡
* |
22,361 |
55,455 |
Prestige
Consumer Healthcare, Inc. * |
14,076 |
766,861 |
Prothena
Corp. plc (Ireland) * |
21,766 |
1,337,303 |
Supernus
Pharmaceuticals, Inc. * |
21,282 |
729,334 |
Travere
Therapeutics, Inc. * |
12,586 |
272,864 |
Vanda
Pharmaceuticals, Inc. * |
23,483 |
245,867 |
Xencor,
Inc. * |
8,370 |
234,360 |
|
|
12,338,218 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Precious
Metals & Mining — 0.2% | ||
Hecla
Mining Co. |
132,430 |
605,205 |
Real
Estate Investment & Services — 1.0% | ||
Anywhere
Real Estate, Inc. * |
62,043 |
460,980 |
Cushman
& Wakefield plc * |
27,701 |
319,947 |
Douglas
Elliman, Inc. |
50,156 |
231,721 |
eXp
World Holdings, Inc. (a) |
25,991 |
343,341 |
Kennedy-Wilson
Holdings, Inc. |
23,500 |
390,335 |
Marcus
& Millichap, Inc. |
8,392 |
309,161 |
Newmark
Group, Inc., Class A |
65,485 |
536,322 |
St.
Joe Co. (The) |
11,197 |
397,829 |
|
|
2,989,636 |
Real
Estate Investment Trusts — 8.4% | ||
Agree
Realty Corp. |
11,384 |
782,081 |
Alexander
& Baldwin, Inc. |
14,255 |
277,687 |
American
Assets Trust, Inc. |
3,595 |
98,791 |
Apartment
Investment and Management Co.,
Class
A |
74,628 |
592,546 |
Apple
Hospitality REIT, Inc. |
29,674 |
508,019 |
Ares
Commercial Real Estate Corp. |
35,436 |
437,280 |
Bluerock
Homes Trust, Inc. * |
1,640 |
41,492 |
Brandywine
Realty Trust |
32,150 |
210,904 |
Broadstone
Net Lease, Inc. |
43,336 |
742,779 |
CareTrust
REIT, Inc. |
39,617 |
740,046 |
Centerspace |
2,650 |
183,645 |
Community
Healthcare Trust, Inc. |
5,439 |
188,189 |
Corporate
Office Properties Trust |
11,556 |
307,967 |
DiamondRock
Hospitality Co. |
16,240 |
151,682 |
DigitalBridge
Group, Inc. |
5,923 |
75,814 |
Easterly
Government Properties, Inc. |
13,478 |
234,382 |
Elme
Communities |
9,330 |
178,110 |
Equity
Commonwealth |
11,553 |
302,226 |
Essential
Properties Realty Trust, Inc. |
15,530 |
334,206 |
Four
Corners Property Trust, Inc. |
31,732 |
812,974 |
GEO
Group, Inc. (The) *
(a) |
105,862 |
895,593 |
Global
Net Lease, Inc. (a) |
10,767 |
131,896 |
Hannon
Armstrong Sustainable Infrastructure
Capital,
Inc. (a) |
14,592 |
396,611 |
Independence
Realty Trust, Inc. |
38,351 |
642,763 |
Industrial
Logistics Properties Trust |
11,049 |
51,709 |
Innovative
Industrial Properties, Inc. |
4,264 |
460,938 |
Kite
Realty Group Trust |
44,242 |
868,913 |
LTC
Properties, Inc. |
19,008 |
735,039 |
LXP
Industrial Trust |
64,142 |
620,895 |
Macerich
Co. (The) |
53,253 |
592,706 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
193
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Real
Estate Investment Trusts — continued | ||
National
Health Investors, Inc. |
13,019 |
738,177 |
NexPoint
Residential Trust, Inc. |
6,343 |
289,241 |
Office
Properties Income Trust |
12,849 |
196,590 |
Pebblebrook
Hotel Trust |
36,336 |
582,829 |
Phillips
Edison & Co., Inc. |
23,483 |
707,778 |
Physicians
Realty Trust |
43,783 |
659,372 |
Piedmont
Office Realty Trust, Inc., Class A |
41,030 |
428,763 |
PotlatchDeltic
Corp. |
18,700 |
831,963 |
Retail
Opportunity Investments Corp. |
40,953 |
592,999 |
RPT
Realty |
30,996 |
288,263 |
Ryman
Hospitality Properties, Inc. |
5,473 |
486,659 |
Sabra
Health Care REIT, Inc. |
57,014 |
778,811 |
SITE
Centers Corp. |
51,555 |
638,251 |
STAG
Industrial, Inc. |
24,892 |
786,338 |
Summit
Hotel Properties, Inc. |
28,346 |
244,909 |
Sunstone
Hotel Investors, Inc. |
41,157 |
458,901 |
Tanger
Factory Outlet Centers, Inc. (a) |
55,397 |
997,700 |
Terreno
Realty Corp. |
14,039 |
802,188 |
Uniti
Group, Inc. |
53,238 |
413,127 |
Urban
Edge Properties |
34,430 |
486,152 |
Whitestone |
18,155 |
170,839 |
Xenia
Hotels & Resorts, Inc. |
1,708 |
29,173 |
|
|
24,206,906 |
Renewable
Energy — 0.5% | ||
Arcosa,
Inc. |
14,848 |
953,242 |
Green
Plains, Inc. * |
5,453 |
157,537 |
REX
American Resources Corp. * |
10,809 |
324,162 |
|
|
1,434,941 |
Retailers
— 3.1% | ||
Abercrombie
& Fitch Co., Class A * |
35,016 |
615,581 |
Academy
Sports & Outdoors, Inc. |
4,069 |
179,158 |
America's
Car-Mart, Inc. * |
2,246 |
153,537 |
Asbury
Automotive Group, Inc. * |
1,403 |
221,323 |
Big
5 Sporting Goods Corp. (a) |
42,722 |
550,687 |
Big
Lots, Inc. (a) |
9,994 |
188,587 |
Buckle,
Inc. (The) |
25,315 |
995,639 |
Caleres,
Inc. |
3,010 |
82,263 |
Citi
Trends, Inc. * |
9,566 |
216,287 |
Dillard's,
Inc., Class A (a) |
2,926 |
962,040 |
Genesco,
Inc. * |
10,676 |
502,199 |
Global
Industrial Co. |
1,852 |
58,783 |
Group
1 Automotive, Inc. |
4,475 |
774,175 |
Haverty
Furniture Cos., Inc. (a) |
17,550 |
466,479 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Retailers
— continued | ||
Hibbett,
Inc. |
7,577 |
472,956 |
LL
Flooring Holdings, Inc. * |
11,803 |
98,201 |
Murphy
USA, Inc. |
2,985 |
938,812 |
ODP
Corp. (The) * |
9,399 |
371,918 |
PriceSmart,
Inc. |
1,995 |
127,620 |
Shoe
Carnival, Inc. (a) |
25,106 |
602,042 |
Zumiez,
Inc. * |
18,629 |
417,849 |
|
|
8,996,136 |
Software
& Computer Services — 3.9% | ||
A10
Networks, Inc. |
14,013 |
235,418 |
Agilysys,
Inc. * |
8,323 |
534,087 |
Alarm.com
Holdings, Inc. * |
3,343 |
196,702 |
Allscripts
Healthcare Solutions, Inc. * |
28,347 |
416,701 |
Appfolio,
Inc., Class A * |
2,601 |
326,087 |
Avid
Technology, Inc. * |
15,566 |
427,909 |
Cerence,
Inc. * |
12,936 |
222,499 |
ChannelAdvisor
Corp. * |
26,447 |
609,339 |
Consensus
Cloud Solutions, Inc. * |
5,376 |
301,809 |
CSG
Systems International, Inc. |
12,009 |
776,622 |
MicroStrategy,
Inc., Class A *
(a) |
2,214 |
592,267 |
Mitek
Systems, Inc. * |
12,818 |
144,972 |
NetScout
Systems, Inc. * |
18,208 |
654,031 |
OneSpan,
Inc. * |
13,347 |
146,684 |
Perficient,
Inc. * |
8,005 |
536,095 |
Progress
Software Corp. |
15,233 |
777,340 |
Qualys,
Inc. * |
5,741 |
818,437 |
Shutterstock,
Inc. |
10,066 |
503,602 |
Simulations
Plus, Inc. (a) |
8,927 |
370,471 |
SPS
Commerce, Inc. * |
7,113 |
899,937 |
Verint
Systems, Inc. * |
12,918 |
457,685 |
Workiva,
Inc. * |
9,089 |
707,215 |
Ziff
Davis, Inc. * |
8,519 |
659,285 |
|
|
11,315,194 |
Technology
Hardware & Equipment — 6.7% | ||
Adeia,
Inc. |
36,433 |
407,321 |
Advanced
Energy Industries, Inc. |
8,915 |
701,165 |
Alpha
& Omega Semiconductor Ltd. * |
15,420 |
505,005 |
Amkor
Technology, Inc. |
41,004 |
852,473 |
Axcelis
Technologies, Inc. * |
12,769 |
740,602 |
Benchmark
Electronics, Inc. |
10,633 |
301,871 |
CEVA,
Inc. * |
6,781 |
187,562 |
Cohu,
Inc. * |
21,234 |
699,023 |
CTS
Corp. |
11,440 |
452,109 |
194
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Technology
Hardware & Equipment — continued | ||
Diodes,
Inc. * |
10,551 |
756,190 |
Fabrinet
(Thailand) * |
7,263 |
830,887 |
FormFactor,
Inc. * |
23,588 |
476,713 |
Ichor
Holdings Ltd. * |
9,218 |
234,506 |
Insight
Enterprises, Inc. * |
9,274 |
876,486 |
Kulicke
& Soffa Industries, Inc. (Singapore) (a) |
15,405 |
646,086 |
MaxLinear,
Inc. * |
16,452 |
508,038 |
Methode
Electronics, Inc. (a) |
13,070 |
538,876 |
Novanta,
Inc. * |
5,072 |
717,181 |
Onto
Innovation, Inc. * |
11,939 |
798,003 |
PC
Connection, Inc. |
4,015 |
213,357 |
Photronics,
Inc. * |
34,239 |
555,357 |
Plexus
Corp. * |
6,811 |
670,202 |
Power
Integrations, Inc. |
11,157 |
744,283 |
Rambus,
Inc. * |
33,640 |
1,014,582 |
Rogers
Corp. * |
1,502 |
353,466 |
Sanmina
Corp. * |
8,012 |
449,073 |
ScanSource,
Inc. * |
7,690 |
238,236 |
Semtech
Corp. * |
12,130 |
335,880 |
SiTime
Corp. * |
4,045 |
363,281 |
SMART
Global Holdings, Inc. * |
18,418 |
249,195 |
Super
Micro Computer, Inc. * |
2,908 |
202,368 |
Synaptics,
Inc. * |
4,346 |
385,056 |
TTM
Technologies, Inc. * |
36,247 |
554,941 |
Ultra
Clean Holdings, Inc. * |
22,125 |
688,309 |
Vishay
Intertechnology, Inc. |
32,081 |
670,814 |
Xperi,
Inc. * |
14,571 |
203,557 |
|
|
19,122,054 |
Telecommunications
Equipment — 3.1% | ||
ADTRAN
Holdings, Inc. |
34,909 |
784,056 |
Aviat
Networks, Inc. * |
11,496 |
375,459 |
Calix,
Inc. * |
14,733 |
1,084,938 |
Cambium
Networks Corp. * |
22,601 |
437,329 |
Clearfield,
Inc. * |
7,354 |
893,291 |
Comtech
Telecommunications Corp. |
18,487 |
204,281 |
EchoStar
Corp., Class A * |
38,247 |
721,721 |
Extreme
Networks, Inc. * |
60,585 |
1,086,895 |
Harmonic,
Inc. * |
75,641 |
1,168,654 |
Infinera
Corp. *
(a) |
12,145 |
68,134 |
InterDigital,
Inc. |
10,998 |
548,470 |
Lightwave
Logic, Inc. *
(a) |
23,485 |
198,918 |
NETGEAR,
Inc. * |
14,545 |
285,809 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Telecommunications
Equipment — continued | ||
Ribbon
Communications, Inc. * |
1,005 |
2,663 |
Viavi
Solutions, Inc. * |
60,781 |
917,793 |
|
|
8,778,411 |
Telecommunications
Service Providers — 2.4% | ||
Anterix,
Inc. * |
3,792 |
145,423 |
Cogent
Communications Holdings, Inc. |
13,108 |
688,301 |
Consolidated
Communications Holdings, Inc. * |
73,038 |
377,606 |
Globalstar,
Inc. *
(a) |
575,493 |
1,248,820 |
Gogo,
Inc. * |
46,025 |
654,475 |
IDT
Corp., Class B * |
24,922 |
649,467 |
Iridium
Communications, Inc. * |
19,584 |
1,009,164 |
Liberty
Latin America Ltd., Class C (Chile) * |
51,583 |
401,832 |
Shenandoah
Telecommunications Co. |
28,008 |
634,661 |
Telephone
and Data Systems, Inc. |
38,987 |
662,779 |
WideOpenWest,
Inc. * |
28,180 |
386,348 |
|
|
6,858,876 |
Tobacco
— 0.7% | ||
22nd
Century Group, Inc. *
(a) |
120,263 |
157,545 |
Turning
Point Brands, Inc. |
21,109 |
497,328 |
Universal
Corp. |
11,799 |
597,147 |
Vector
Group Ltd. |
67,983 |
721,979 |
|
|
1,973,999 |
Travel
& Leisure — 0.1% | ||
Biglari
Holdings, Inc., Class B * |
165 |
22,762 |
Chuy's
Holdings, Inc. *
(a) |
2,509 |
73,514 |
El
Pollo Loco Holdings, Inc. |
4,649 |
46,676 |
Ruth's
Hospitality Group, Inc. |
3,839 |
79,774 |
|
|
222,726 |
Waste
& Disposal Services — 0.3% | ||
Casella
Waste Systems, Inc., Class A * |
9,220 |
754,288 |
Total
Common Stocks
(Cost
$290,344,602) |
|
286,487,784 |
|
NO.
OF
RIGHTS |
|
Rights—0.0%
^ | ||
Pharmaceuticals,
Biotechnology & Marijuana Producers — 0.0% ^ | ||
Achillion
Pharmaceuticals, Inc. ‡
*(Cost
$—) |
12,757 |
6,379 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
195
|
INVESTMENTS |
SHARES |
VALUE
($) |
Short-Term
Investments — 7.9% | ||
Investment
Companies — 0.1% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$325,140) |
325,140 |
325,140 |
Investment
of Cash Collateral from Securities Loaned — 7.8% | ||
JPMorgan
Securities Lending Money Market
Fund
Class Agency SL Shares, 3.23% (b)
(c) |
19,342,762 |
19,342,762 |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c) |
2,902,497 |
2,902,497 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$22,242,620) |
|
22,245,259 |
Total
Short-Term Investments
(Cost
$22,567,760) |
|
22,570,399 |
Total
Investments — 107.7%
(Cost
$312,912,362) |
|
309,064,562 |
Liabilities
in Excess of Other Assets — (7.7)% |
|
(22,131,565) |
NET
ASSETS — 100.0% |
|
286,932,997 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net assets. | |
‡ |
Value
determined using significant unobservable
inputs. |
|
* |
Non-income
producing security.
|
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2022. The total value of securities on
loan
at October 31, 2022 is $21,395,218. |
|
(b) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(c) |
The
rate shown is the current yield as of October 31,
2022. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Russell
2000 E-Mini Index |
3 |
12/16/2022 |
USD |
277,965 |
12,769 |
Abbreviations |
|
USD |
United
States Dollar |
196
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 95.3% | ||
Australia
— 1.6% | ||
IDP
Education Ltd. |
12,333 |
232,684 |
Woodside
Energy Group Ltd. |
27,944 |
646,023 |
|
|
878,707 |
Brazil
— 1.0% | ||
MercadoLibre,
Inc. * |
622 |
560,808 |
Canada
— 6.2% | ||
Alimentation
Couche-Tard, Inc. |
18,450 |
826,109 |
Canadian
National Railway Co. |
13,892 |
1,645,810 |
Canadian
Pacific Railway Ltd. |
12,797 |
953,986 |
|
|
3,425,905 |
China
— 4.5% | ||
NXP
Semiconductors NV |
3,407 |
497,695 |
Silergy
Corp. |
43,000 |
495,863 |
Tencent
Holdings Ltd. |
46,700 |
1,227,126 |
Wuxi
Biologics Cayman, Inc. *
(a) |
60,500 |
272,228 |
|
|
2,492,912 |
Denmark
— 6.0% | ||
Coloplast
A/S, Class B |
6,549 |
730,018 |
Genmab
A/S * |
1,840 |
708,782 |
Novo
Nordisk A/S, Class B |
17,168 |
1,866,699 |
|
|
3,305,499 |
France
— 5.4% | ||
L'Oreal
SA |
3,620 |
1,136,696 |
LVMH
Moet Hennessy Louis Vuitton SE |
2,901 |
1,830,516 |
|
|
2,967,212 |
Germany
— 5.4% | ||
adidas
AG |
4,141 |
404,224 |
Deutsche
Boerse AG |
5,410 |
879,773 |
Sartorius
AG (Preference) |
1,206 |
425,224 |
Symrise
AG |
9,474 |
967,036 |
Zalando
SE *
(a) |
13,351 |
307,716 |
|
|
2,983,973 |
Hong
Kong — 3.7% | ||
AIA
Group Ltd. |
140,000 |
1,060,471 |
Hong
Kong Exchanges & Clearing Ltd. |
16,700 |
443,278 |
Techtronic
Industries Co. Ltd. |
53,000 |
501,845 |
|
|
2,005,594 |
India
— 1.3% | ||
HDFC
Bank Ltd., ADR |
11,767 |
733,202 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Indonesia
— 2.8% | ||
Bank
Central Asia Tbk. PT |
1,910,700 |
1,080,076 |
Telkom
Indonesia Persero Tbk. PT, ADR |
15,668 |
435,884 |
|
|
1,515,960 |
Japan
— 11.6% | ||
Daikin
Industries Ltd. |
5,800 |
868,766 |
Hoya
Corp. |
10,100 |
938,910 |
Keyence
Corp. |
3,800 |
1,432,848 |
Kyowa
Kirin Co. Ltd. |
31,800 |
748,944 |
Shin-Etsu
Chemical Co. Ltd. |
7,700 |
800,261 |
Sony
Group Corp. |
17,900 |
1,207,080 |
Sysmex
Corp. |
7,400 |
398,297 |
|
|
6,395,106 |
Mexico
— 1.4% | ||
Wal-Mart
de Mexico SAB de CV |
196,986 |
760,981 |
Netherlands
— 7.2% | ||
Adyen
NV *
(a) |
490 |
699,524 |
Argenx
SE * |
1,425 |
553,257 |
ASML
Holding NV |
3,715 |
1,742,659 |
Wolters
Kluwer NV |
9,212 |
978,854 |
|
|
3,974,294 |
Singapore
— 1.8% | ||
DBS
Group Holdings Ltd. |
35,400 |
855,842 |
Sea
Ltd., ADR * |
2,317 |
115,108 |
|
|
970,950 |
South
Africa — 1.0% | ||
Anglo
American plc |
18,663 |
559,036 |
South
Korea — 0.6% | ||
Delivery
Hero SE *
(a) |
8,988 |
295,785 |
Sweden
— 3.5% | ||
Assa
Abloy AB, Class B |
32,602 |
658,302 |
Atlas
Copco AB, Class A |
84,000 |
896,553 |
Epiroc
AB, Class A |
24,123 |
369,286 |
|
|
1,924,141 |
Switzerland
— 2.1% | ||
Lonza
Group AG (Registered) |
1,429 |
735,627 |
Straumann
Holding AG (Registered) |
4,617 |
439,406 |
|
|
1,175,033 |
Taiwan
— 3.9% | ||
Taiwan
Semiconductor Manufacturing Co. Ltd.,
ADR |
34,829 |
2,143,725 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
197
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — 13.1% | ||
AstraZeneca
plc |
9,588 |
1,124,981 |
Diageo
plc |
38,716 |
1,593,261 |
Intertek
Group plc |
15,766 |
660,485 |
Linde
plc (b) |
3,523 |
1,051,895 |
London
Stock Exchange Group plc |
10,353 |
897,419 |
Oxford
Nanopore Technologies plc * |
54,429 |
163,957 |
RELX
plc |
56,812 |
1,527,177 |
Spirax-Sarco
Engineering plc |
1,613 |
198,776 |
|
|
7,217,951 |
United
States — 11.2% | ||
Cadence
Design Systems, Inc. * |
4,781 |
723,795 |
EPAM
Systems, Inc. * |
1,096 |
383,600 |
Nestle
SA (Registered) |
25,716 |
2,799,413 |
Roche
Holding AG |
6,546 |
2,171,951 |
Unity
Software, Inc. * |
1,576 |
46,492 |
|
|
6,125,251 |
Total
Common Stocks
(Cost
$61,114,176) |
|
52,412,025 |
Short-Term
Investments — 5.9% | ||
Investment
Companies — 4.5% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (c)
(d)(Cost
$2,455,095) |
2,455,095 |
2,455,095 |
Investment
of Cash Collateral from Securities Loaned — 1.4% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (c)
(d)(Cost
$749,113) |
749,113 |
749,113 |
Total
Short-Term Investments
(Cost
$3,204,208) |
|
3,204,208 |
Total
Investments — 101.2%
(Cost
$64,318,384) |
|
55,616,233 |
Liabilities
in Excess of Other Assets — (1.2)% |
|
(634,128) |
NET
ASSETS — 100.0% |
|
54,982,105 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
ADR |
American
Depositary Receipt |
Preference |
A
special type of equity investment that shares in the earnings of
the
company, has limited voting rights, and may have a dividend
preference.
Preference shares may also have liquidation
preference. |
PT |
Limited
liability company |
* |
Non-income
producing security.
|
(a) |
Security
exempt from registration pursuant to Regulation S under
the
Securities Act of 1933, as amended. Regulation S applies to
securities
offerings that are made outside of the United States and
do
not involve direct selling efforts in the United States and as
such
may have restrictions on resale. |
(b) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$704,050. |
(c) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(d) |
The
rate shown is the current yield as of October 31,
2022. |
198
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Pharmaceuticals |
10.6% |
Semiconductors
& Semiconductor Equipment |
8.8 |
Professional
Services |
5.7 |
Chemicals |
5.1 |
Food
Products |
5.0 |
Banks |
4.8 |
Road
& Rail |
4.7 |
Health
Care Equipment & Supplies |
4.5 |
Textiles,
Apparel & Luxury Goods |
4.0 |
Capital
Markets |
4.0 |
Machinery |
3.5 |
Life
Sciences Tools & Services |
2.9 |
Beverages |
2.9 |
Food
& Staples Retailing |
2.8 |
Building
Products |
2.7 |
Electronic
Equipment, Instruments & Components |
2.6 |
Biotechnology |
2.3 |
Interactive
Media & Services |
2.2 |
Household
Durables |
2.2 |
Internet
& Direct Marketing Retail |
2.1 |
Personal
Products |
2.0 |
IT
Services |
1.9 |
Insurance |
1.9 |
Software |
1.4 |
Oil,
Gas & Consumable Fuels |
1.2 |
Metals
& Mining |
1.0 |
Others
(each less than 1.0%) |
1.4 |
Short-Term
Investments |
5.8 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
199
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.8% | ||
Aerospace
& Defense — 3.0% | ||
Curtiss-Wright
Corp. |
891 |
149,537 |
General
Dynamics Corp. |
4,819 |
1,203,786 |
HEICO
Corp. |
1,680 |
273,235 |
Howmet
Aerospace, Inc. |
10,449 |
371,462 |
Lockheed
Martin Corp. |
3,793 |
1,845,977 |
Northrop
Grumman Corp. |
2,631 |
1,444,445 |
Raytheon
Technologies Corp. |
10,770 |
1,021,212 |
Textron,
Inc. |
7,063 |
483,392 |
|
|
6,793,046 |
Automobiles
& Parts — 2.6% | ||
Ford
Motor Co. |
75,451 |
1,008,780 |
Gentex
Corp. |
9,280 |
245,827 |
Genuine
Parts Co. |
4,538 |
807,129 |
Tesla,
Inc. * |
17,025 |
3,873,868 |
|
|
5,935,604 |
Banks
— 1.4% | ||
Bank
OZK |
4,808 |
206,648 |
Discover
Financial Services |
3,525 |
368,222 |
East
West Bancorp, Inc. |
6,097 |
436,362 |
First
Horizon Corp. |
13,363 |
327,527 |
M&T
Bank Corp. |
4,554 |
766,757 |
Pinnacle
Financial Partners, Inc. |
2,673 |
221,832 |
Popular,
Inc. (Puerto Rico) |
3,524 |
249,217 |
Regions
Financial Corp. |
27,992 |
614,425 |
|
|
3,190,990 |
Beverages
— 0.2% | ||
Constellation
Brands, Inc., Class A |
2,135 |
527,516 |
Chemicals
— 1.6% | ||
Albemarle
Corp. |
3,121 |
873,474 |
Ashland,
Inc. |
1,498 |
157,170 |
CF
Industries Holdings, Inc. |
6,507 |
691,434 |
Element
Solutions, Inc. |
1,414 |
24,321 |
Huntsman
Corp. |
11,921 |
319,006 |
Mosaic
Co. (The) |
12,205 |
656,019 |
Olin
Corp. |
8,089 |
428,312 |
Westlake
Corp. |
4,186 |
404,577 |
|
|
3,554,313 |
Construction
& Materials — 1.7% | ||
Acuity
Brands, Inc. |
1,665 |
305,644 |
Advanced
Drainage Systems, Inc. |
2,915 |
337,790 |
AECOM |
7,848 |
590,797 |
Builders
FirstSource, Inc. * |
9,445 |
582,379 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Construction
& Materials — continued | ||
Eagle
Materials, Inc. |
3,921 |
479,578 |
Louisiana-Pacific
Corp. |
8,114 |
459,658 |
Masco
Corp. |
1,096 |
50,712 |
Quanta
Services, Inc. |
4,845 |
688,184 |
Watsco,
Inc. |
1,239 |
335,719 |
|
|
3,830,461 |
Consumer
Services — 1.0% | ||
AMERCO |
261 |
150,125 |
Avis
Budget Group, Inc. * |
3,155 |
746,031 |
Copart,
Inc. * |
6,394 |
735,438 |
H&R
Block, Inc. |
12,055 |
496,063 |
Rollins,
Inc. |
1,413 |
59,459 |
|
|
2,187,116 |
Electricity
— 1.4% | ||
Consolidated
Edison, Inc. |
8,766 |
771,057 |
Exelon
Corp. |
21,839 |
842,767 |
FirstEnergy
Corp. |
9,152 |
345,122 |
OGE
Energy Corp. |
6,782 |
248,425 |
Southern
Co. (The) |
7,312 |
478,790 |
Vistra
Corp. |
22,590 |
518,892 |
|
|
3,205,053 |
Electronic
& Electrical Equipment — 0.8% | ||
Keysight
Technologies, Inc. * |
4,886 |
850,897 |
Mettler-Toledo
International, Inc. * |
631 |
798,171 |
nVent
Electric plc |
4,545 |
165,892 |
|
|
1,814,960 |
Finance
& Credit Services — 0.3% | ||
Morningstar,
Inc. |
901 |
209,194 |
MSCI,
Inc. |
27 |
12,659 |
SLM
Corp. |
28,709 |
476,283 |
|
|
698,136 |
Food
Producers — 2.9% | ||
Archer-Daniels-Midland
Co. |
11,605 |
1,125,453 |
Bunge
Ltd. |
6,189 |
610,854 |
Campbell
Soup Co. |
9,171 |
485,238 |
Corteva,
Inc. |
15,798 |
1,032,241 |
Darling
Ingredients, Inc. * |
7,899 |
619,913 |
General
Mills, Inc. |
12,805 |
1,044,632 |
Hershey
Co. (The) |
3,731 |
890,851 |
Kellogg
Co. |
9,119 |
700,522 |
Pilgrim's
Pride Corp. * |
5,491 |
126,568 |
|
|
6,636,272 |
200
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Gas,
Water & Multi-utilities — 0.9% | ||
CenterPoint
Energy, Inc. |
21,454 |
613,799 |
National
Fuel Gas Co. |
7,460 |
503,475 |
NiSource,
Inc. |
19,604 |
503,627 |
Sempra
Energy |
2,095 |
316,219 |
WEC
Energy Group, Inc. |
677 |
61,831 |
|
|
1,998,951 |
General
Industrials — 0.9% | ||
Carlisle
Cos., Inc. |
2,123 |
506,972 |
Crown
Holdings, Inc. |
5,372 |
368,465 |
Graphic
Packaging Holding Co. |
19,009 |
436,447 |
RPM
International, Inc. |
3,229 |
305,366 |
Sealed
Air Corp. |
6,088 |
289,911 |
Valmont
Industries, Inc. |
626 |
199,832 |
|
|
2,106,993 |
Health
Care Providers — 3.0% | ||
Acadia
Healthcare Co., Inc. * |
1,810 |
147,153 |
Cigna
Corp. |
2,115 |
683,272 |
HCA
Healthcare, Inc. |
1,809 |
393,403 |
Humana,
Inc. |
1,205 |
672,486 |
IQVIA
Holdings, Inc. * |
4,339 |
909,758 |
UnitedHealth
Group, Inc. |
7,357 |
4,084,239 |
|
|
6,890,311 |
Household
Goods & Home Construction — 0.3% | ||
DR
Horton, Inc. |
3,770 |
289,838 |
PulteGroup,
Inc. |
12,086 |
483,319 |
Tempur
Sealy International, Inc. |
260 |
6,991 |
|
|
780,148 |
Industrial
Engineering — 0.7% | ||
Deere
& Co. |
4,162 |
1,647,403 |
Industrial
Metals & Mining — 0.4% | ||
Fastenal
Co. |
1,757 |
84,916 |
Nucor
Corp. |
6,528 |
857,648 |
|
|
942,564 |
Industrial
Support Services — 3.6% | ||
Accenture
plc, Class A |
8,809 |
2,500,875 |
American
Express Co. |
5,302 |
787,082 |
Automatic
Data Processing, Inc. |
1,480 |
357,716 |
Bill.com
Holdings, Inc. * |
3,600 |
480,096 |
Cintas
Corp. |
2,085 |
891,442 |
FTI
Consulting, Inc. * |
1,642 |
255,545 |
Jack
Henry & Associates, Inc. |
3,206 |
638,186 |
Paychex,
Inc. |
7,453 |
881,764 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Industrial
Support Services — continued | ||
Paylocity
Holding Corp. * |
2,384 |
552,587 |
Robert
Half International, Inc. |
894 |
68,355 |
WW
Grainger, Inc. |
1,356 |
792,379 |
|
|
8,206,027 |
Industrial
Transportation — 2.3% | ||
CH
Robinson Worldwide, Inc. |
5,328 |
520,652 |
JB
Hunt Transport Services, Inc. |
3,539 |
605,417 |
Norfolk
Southern Corp. |
3,980 |
907,719 |
Old
Dominion Freight Line, Inc. |
2,675 |
734,555 |
Ryder
System, Inc. |
3,678 |
296,116 |
United
Parcel Service, Inc., Class B |
10,190 |
1,709,576 |
WillScot
Mobile Mini Holdings Corp. * |
11,752 |
499,812 |
|
|
5,273,847 |
Investment
Banking & Brokerage Services — 5.1% | ||
Ameriprise
Financial, Inc. |
2,531 |
782,383 |
Ares
Management Corp. |
7,978 |
604,972 |
Berkshire
Hathaway, Inc., Class B * |
11,403 |
3,364,911 |
Blackstone,
Inc. |
12,094 |
1,102,247 |
Charles
Schwab Corp. (The) |
20,543 |
1,636,661 |
Jefferies
Financial Group, Inc. |
16,779 |
577,365 |
KKR
& Co., Inc. |
15,797 |
768,208 |
LPL
Financial Holdings, Inc. |
3,026 |
773,597 |
Morgan
Stanley |
19,524 |
1,604,287 |
Nasdaq,
Inc. |
7,560 |
470,535 |
|
|
11,685,166 |
Leisure
Goods — 0.1% | ||
Mattel,
Inc. * |
15,022 |
284,817 |
Life
Insurance — 0.2% | ||
Unum
Group |
8,519 |
388,381 |
Media
— 1.0% | ||
Interpublic
Group of Cos., Inc. (The) |
20,449 |
609,176 |
Liberty
Media Corp.-Liberty Formula One, Class
C * |
9,409 |
543,182 |
Nexstar
Media Group, Inc., Class A |
1,658 |
284,015 |
Trade
Desk, Inc. (The), Class A * |
12,008 |
639,306 |
World
Wrestling Entertainment, Inc., Class A (a) |
2,781 |
219,393 |
|
|
2,295,072 |
Medical
Equipment & Services — 4.2% | ||
Agilent
Technologies, Inc. |
6,483 |
896,923 |
Bio-Rad
Laboratories, Inc., Class A * |
327 |
115,009 |
Bio-Techne
Corp. |
526 |
155,833 |
Danaher
Corp. |
9,025 |
2,271,322 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
201
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Medical
Equipment & Services — continued | ||
Dexcom,
Inc. * |
7,510 |
907,058 |
Insulet
Corp. * |
2,425 |
627,614 |
Quest
Diagnostics, Inc. |
4,360 |
626,314 |
Repligen
Corp. * |
2,791 |
509,330 |
ResMed,
Inc. |
3,181 |
711,558 |
STERIS
plc |
826 |
142,551 |
Thermo
Fisher Scientific, Inc. |
5,261 |
2,703,996 |
West
Pharmaceutical Services, Inc. |
324 |
74,552 |
|
|
9,742,060 |
Non-life
Insurance — 4.1% | ||
American
Financial Group, Inc. |
4,101 |
595,096 |
Aon
plc, Class A |
4,050 |
1,140,034 |
Arch
Capital Group Ltd. * |
12,373 |
711,448 |
Arthur
J Gallagher & Co. |
4,936 |
923,427 |
Assured
Guaranty Ltd. |
2,269 |
134,302 |
Brown
& Brown, Inc. |
9,920 |
583,197 |
Chubb
Ltd. |
6,903 |
1,483,386 |
Marsh
& McLennan Cos., Inc. |
8,565 |
1,383,162 |
Old
Republic International Corp. |
10,825 |
251,248 |
Progressive
Corp. (The) |
10,400 |
1,335,360 |
Ryan
Specialty Holdings, Inc., Class A * |
5,892 |
264,256 |
WR
Berkley Corp. |
9,363 |
696,420 |
|
|
9,501,336 |
Non-Renewable
Energy — 5.4% | ||
Antero
Midstream Corp. |
7,708 |
82,090 |
Antero
Resources Corp. * |
14,802 |
542,641 |
Cheniere
Energy, Inc. |
5,679 |
1,001,832 |
Chevron
Corp. |
12,697 |
2,296,887 |
ConocoPhillips |
17,455 |
2,200,901 |
Continental
Resources, Inc. |
6,823 |
504,697 |
Coterra
Energy, Inc. |
4,836 |
150,545 |
Devon
Energy Corp. |
14,056 |
1,087,232 |
Diamondback
Energy, Inc. |
1,523 |
239,279 |
Hess
Corp. |
5,647 |
796,679 |
Marathon
Oil Corp. |
21,525 |
655,436 |
Occidental
Petroleum Corp. |
16,016 |
1,162,762 |
Pioneer
Natural Resources Co. |
3,929 |
1,007,435 |
Targa
Resources Corp. |
8,530 |
583,196 |
|
|
12,311,612 |
Personal
Care, Drug & Grocery Stores — 2.8% | ||
AmerisourceBergen
Corp. |
4,822 |
758,115 |
Casey's
General Stores, Inc. |
707 |
164,526 |
Church
& Dwight Co., Inc. |
1,333 |
98,815 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Personal
Care, Drug & Grocery Stores — continued | ||
CVS
Health Corp. |
14,231 |
1,347,676 |
Grocery
Outlet Holding Corp. * |
7,058 |
243,995 |
Kroger
Co. (The) |
14,178 |
670,478 |
McKesson
Corp. |
2,920 |
1,136,960 |
Procter
& Gamble Co. (The) |
12,912 |
1,738,859 |
Spectrum
Brands Holdings, Inc. |
3,894 |
179,669 |
|
|
6,339,093 |
Personal
Goods — 1.1% | ||
Capri
Holdings Ltd. * |
10,213 |
466,530 |
Deckers
Outdoor Corp. * |
1,732 |
606,079 |
Estee
Lauder Cos., Inc. (The), Class A |
4,261 |
854,288 |
Tapestry,
Inc. |
16,054 |
508,590 |
|
|
2,435,487 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 6.7% | ||
AbbVie,
Inc. |
22,648 |
3,315,667 |
Alnylam
Pharmaceuticals, Inc. * |
3,638 |
754,012 |
Cardinal
Health, Inc. |
9,495 |
720,671 |
Catalent,
Inc. * |
5,475 |
359,872 |
Eli
Lilly & Co. |
10,956 |
3,967,058 |
Moderna,
Inc. * |
6,715 |
1,009,466 |
Pfizer,
Inc. |
56,191 |
2,615,691 |
Seagen,
Inc. * |
4,070 |
517,541 |
United
Therapeutics Corp. * |
2,563 |
590,848 |
Vertex
Pharmaceuticals, Inc. * |
4,543 |
1,417,416 |
|
|
15,268,242 |
Real
Estate Investment & Services — 0.3% | ||
CBRE
Group, Inc., Class A * |
9,686 |
687,125 |
Jones
Lang LaSalle, Inc. * |
707 |
112,477 |
|
|
799,602 |
Real
Estate Investment Trusts — 2.7% | ||
Camden
Property Trust |
2,789 |
322,269 |
Crown
Castle, Inc. |
3,379 |
450,285 |
CubeSmart |
8,655 |
362,385 |
Extra
Space Storage, Inc. |
3,775 |
669,836 |
Gaming
and Leisure Properties, Inc. |
6,618 |
331,694 |
Invitation
Homes, Inc. |
15,194 |
481,498 |
Iron
Mountain, Inc. |
11,997 |
600,690 |
Life
Storage, Inc. |
4,523 |
500,289 |
Prologis,
Inc. |
12,231 |
1,354,583 |
Weyerhaeuser
Co. |
21,111 |
652,963 |
WP
Carey, Inc. |
7,186 |
548,292 |
|
|
6,274,784 |
202
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Retailers
— 6.9% | ||
AutoNation,
Inc. * |
4,212 |
447,778 |
AutoZone,
Inc. * |
441 |
1,117,000 |
BJ's
Wholesale Club Holdings, Inc. * |
7,726 |
597,992 |
Costco
Wholesale Corp. |
5,913 |
2,965,369 |
Dick's
Sporting Goods, Inc. |
4,828 |
549,233 |
Dollar
Tree, Inc. * |
5,815 |
921,677 |
GameStop
Corp., Class A *
(a) |
16,608 |
470,172 |
Home
Depot, Inc. (The) |
12,721 |
3,767,070 |
Kohl's
Corp. |
8,009 |
239,870 |
Lowe's
Cos., Inc. |
4,494 |
876,105 |
O'Reilly
Automotive, Inc. * |
1,369 |
1,146,086 |
Penske
Automotive Group, Inc. |
3,753 |
418,910 |
TJX
Cos., Inc. (The) |
19,657 |
1,417,270 |
Tractor
Supply Co. |
1,814 |
398,663 |
Williams-Sonoma,
Inc. |
3,790 |
469,316 |
|
|
15,802,511 |
Software
& Computer Services — 12.7% | ||
Alphabet,
Inc., Class A * |
37,398 |
3,534,485 |
Amdocs
Ltd. |
6,809 |
587,685 |
Atlassian
Corp., Class A * |
3,411 |
691,512 |
CACI
International, Inc., Class A * |
1,920 |
583,738 |
Cadence
Design Systems, Inc. * |
5,859 |
886,994 |
Cloudflare,
Inc., Class A * |
8,844 |
498,094 |
Crowdstrike
Holdings, Inc., Class A * |
4,513 |
727,496 |
Datadog,
Inc., Class A * |
6,449 |
519,209 |
Dell
Technologies, Inc., Class C |
12,212 |
468,941 |
DXC
Technology Co. * |
12,276 |
352,935 |
F5,
Inc. * |
2,191 |
313,116 |
Fortinet,
Inc. * |
15,311 |
875,177 |
Gartner,
Inc. * |
2,484 |
749,969 |
GoDaddy,
Inc., Class A * |
5,277 |
424,271 |
HubSpot,
Inc. * |
1,512 |
448,399 |
International
Business Machines Corp. |
13,797 |
1,907,987 |
Intuit,
Inc. |
4,218 |
1,803,195 |
KBR,
Inc. |
11,157 |
555,284 |
Leidos
Holdings, Inc. |
3,355 |
340,834 |
Manhattan
Associates, Inc. * |
4,043 |
491,912 |
Microsoft
Corp. |
17,967 |
4,170,680 |
MongoDB,
Inc. * |
2,125 |
388,939 |
NCR
Corp. * |
7,382 |
156,941 |
NortonLifeLock,
Inc. |
23,698 |
533,916 |
Oracle
Corp. |
23,320 |
1,820,592 |
Palo
Alto Networks, Inc. * |
5,921 |
1,015,984 |
Paycom
Software, Inc. * |
1,573 |
544,258 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Software
& Computer Services — continued | ||
Roper
Technologies, Inc. |
1,196 |
495,790 |
Science
Applications International Corp. |
1,715 |
185,803 |
ServiceNow,
Inc. * |
2,998 |
1,261,378 |
Synopsys,
Inc. * |
3,137 |
917,729 |
Tyler
Technologies, Inc. * |
1,623 |
524,765 |
Zscaler,
Inc. * |
2,922 |
450,280 |
|
|
29,228,288 |
Technology
Hardware & Equipment — 12.2% | ||
Advanced
Micro Devices, Inc. * |
24,045 |
1,444,143 |
Apple,
Inc. |
29,524 |
4,527,210 |
Applied
Materials, Inc. |
14,797 |
1,306,427 |
Avnet,
Inc. |
11,042 |
443,778 |
Broadcom,
Inc. |
5,413 |
2,544,760 |
CDW
Corp. |
4,289 |
741,182 |
Cirrus
Logic, Inc. * |
1,496 |
100,412 |
Concentrix
Corp. |
1,187 |
145,087 |
Corning,
Inc. |
22,217 |
714,721 |
Entegris,
Inc. |
6,086 |
482,863 |
GLOBALFOUNDRIES,
Inc. *
(a) |
8,602 |
487,733 |
HP,
Inc. |
28,600 |
789,932 |
Jabil,
Inc. |
9,404 |
604,207 |
KLA
Corp. |
3,002 |
949,983 |
Lam
Research Corp. |
2,565 |
1,038,261 |
Marvell
Technology, Inc. |
18,489 |
733,644 |
Monolithic
Power Systems, Inc. |
1,604 |
544,478 |
NetApp,
Inc. |
8,885 |
615,464 |
NVIDIA
Corp. |
25,785 |
3,480,200 |
ON
Semiconductor Corp. * |
11,835 |
727,024 |
Pure
Storage, Inc., Class A * |
18,820 |
580,785 |
QUALCOMM,
Inc. |
10,529 |
1,238,842 |
Switch,
Inc., Class A |
15,110 |
514,495 |
TD
SYNNEX Corp. |
2,236 |
204,616 |
Teradyne,
Inc. |
6,414 |
521,779 |
Texas
Instruments, Inc. |
13,252 |
2,128,669 |
Wolfspeed,
Inc. * |
5,492 |
432,495 |
|
|
28,043,190 |
Telecommunications
Equipment — 2.0% | ||
Arista
Networks, Inc. * |
6,767 |
817,860 |
Cisco
Systems, Inc. |
40,205 |
1,826,513 |
Juniper
Networks, Inc. |
19,696 |
602,698 |
Lumentum
Holdings, Inc. * |
6,485 |
482,808 |
Motorola
Solutions, Inc. |
3,775 |
942,655 |
|
|
4,672,534 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
203
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Telecommunications
Service Providers — 0.6% | ||
AT&T,
Inc. |
60,370 |
1,100,545 |
T-Mobile
US, Inc. * |
1,141 |
172,930 |
|
|
1,273,475 |
Travel
& Leisure — 1.9% | ||
Boyd
Gaming Corp. |
8,636 |
498,815 |
Chipotle
Mexican Grill, Inc. * |
604 |
904,991 |
Choice
Hotels International, Inc. |
2,228 |
289,284 |
Hilton
Worldwide Holdings, Inc. |
6,482 |
876,755 |
Hyatt
Hotels Corp., Class A * |
3,956 |
372,695 |
McDonald's
Corp. |
4,996 |
1,362,210 |
|
|
4,304,750 |
Waste
& Disposal Services — 0.8% | ||
Republic
Services, Inc. |
5,606 |
743,468 |
Waste
Management, Inc. |
7,453 |
1,180,331 |
|
|
1,923,799 |
Total
Common Stocks
(Cost
$241,340,048) |
|
228,793,910 |
Short-Term
Investments — 0.6% | ||
Investment
Companies — 0.1% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$340,337) |
340,337 |
340,337 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Investment
of Cash Collateral from Securities Loaned — 0.5% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$1,131,417) |
1,131,417 |
1,131,417 |
Total
Short-Term Investments
(Cost
$1,471,754) |
|
1,471,754 |
Total
Investments — 100.4%
(Cost
$242,811,802) |
|
230,265,664 |
Liabilities
in Excess of Other Assets — (0.4)% |
|
(942,546) |
NET
ASSETS — 100.0% |
|
229,323,118 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$1,103,874. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Micro
E-Mini S&P 500 Index |
19 |
12/16/2022 |
USD |
368,861 |
27,027 |
Abbreviations |
|
USD |
United
States Dollar |
204
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.8% | ||
Aerospace
& Defense — 0.7% | ||
Lockheed
Martin Corp. |
8,888 |
4,325,612 |
Automobiles
& Parts — 0.6% | ||
Gentex
Corp. |
46,371 |
1,228,368 |
Genuine
Parts Co. |
11,226 |
1,996,656 |
|
|
3,225,024 |
Banks
— 0.5% | ||
Bank
of Hawaii Corp. |
9,010 |
684,309 |
Commerce
Bancshares, Inc. |
19,895 |
1,409,362 |
US
Bancorp |
14,084 |
597,866 |
|
|
2,691,537 |
Beverages
— 0.5% | ||
Brown-Forman
Corp., Class B |
21,166 |
1,439,288 |
Coca-Cola
Co. (The) |
22,274 |
1,333,099 |
|
|
2,772,387 |
Chemicals
— 1.1% | ||
Celanese
Corp. |
10,812 |
1,039,250 |
CF
Industries Holdings, Inc. |
16,377 |
1,740,220 |
Linde
plc |
11,394 |
3,388,006 |
NewMarket
Corp. |
39 |
11,869 |
|
|
6,179,345 |
Construction
& Materials — 0.5% | ||
A
O Smith Corp. |
13,628 |
746,542 |
Acuity
Brands, Inc. |
2,750 |
504,818 |
Louisiana-Pacific
Corp. |
7,600 |
430,540 |
Watsco,
Inc. (a) |
4,488 |
1,216,068 |
|
|
2,897,968 |
Consumer
Services — 1.1% | ||
Copart,
Inc. * |
15,897 |
1,828,473 |
Grand
Canyon Education, Inc. * |
14,162 |
1,425,122 |
H&R
Block, Inc. |
30,329 |
1,248,038 |
Rollins,
Inc. |
40,582 |
1,707,691 |
|
|
6,209,324 |
Electricity
— 1.6% | ||
CMS
Energy Corp. |
16,760 |
956,158 |
Evergy,
Inc. |
9,200 |
562,396 |
Hawaiian
Electric Industries, Inc. |
16,336 |
621,421 |
IDACORP,
Inc. |
8,794 |
920,732 |
NextEra
Energy, Inc. |
56,623 |
4,388,283 |
NRG
Energy, Inc. |
34,363 |
1,525,717 |
|
|
8,974,707 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Electronic
& Electrical Equipment — 1.6% | ||
Allegion
plc |
9,828 |
1,029,679 |
Donaldson
Co., Inc. |
18,578 |
1,067,306 |
IDEX
Corp. |
7,523 |
1,672,438 |
Keysight
Technologies, Inc. * |
12,019 |
2,093,109 |
Mettler-Toledo
International, Inc. * |
1,518 |
1,920,164 |
Waters
Corp. * |
4,394 |
1,314,553 |
|
|
9,097,249 |
Finance
& Credit Services — 1.3% | ||
FactSet
Research Systems, Inc. |
3,744 |
1,593,035 |
Moody's
Corp. |
8,107 |
2,147,301 |
Morningstar,
Inc. |
2,408 |
559,089 |
S&P
Global, Inc. |
10,943 |
3,515,439 |
|
|
7,814,864 |
Food
Producers — 0.4% | ||
Flowers
Foods, Inc. |
863 |
24,777 |
General
Mills, Inc. |
6,893 |
562,331 |
Hershey
Co. (The) |
7,645 |
1,825,396 |
|
|
2,412,504 |
Gas,
Water & Multi-utilities — 0.6% | ||
National
Fuel Gas Co. |
18,761 |
1,266,180 |
UGI
Corp. |
14,493 |
512,038 |
WEC
Energy Group, Inc. |
20,058 |
1,831,897 |
|
|
3,610,115 |
General
Industrials — 1.1% | ||
3M
Co. |
22,979 |
2,890,528 |
Honeywell
International, Inc. |
2,784 |
567,992 |
Illinois
Tool Works, Inc. |
14,157 |
3,022,944 |
|
|
6,481,464 |
Health
Care Providers — 0.4% | ||
Chemed
Corp. |
2,853 |
1,331,980 |
DaVita,
Inc. * |
10,956 |
799,898 |
Premier,
Inc., Class A |
8,800 |
306,944 |
|
|
2,438,822 |
Household
Goods & Home Construction — 0.3% | ||
NVR,
Inc. * |
351 |
1,487,450 |
Industrial
Engineering — 0.9% | ||
Cummins,
Inc. |
8,120 |
1,985,421 |
Graco,
Inc. |
20,882 |
1,452,970 |
Lincoln
Electric Holdings, Inc. |
9,674 |
1,373,708 |
Toro
Co. (The) |
1,831 |
193,042 |
|
|
5,005,141 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
205
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Industrial
Metals & Mining — 0.7% | ||
Fastenal
Co. |
8,764 |
423,564 |
Freeport-McMoRan,
Inc. |
73,701 |
2,335,585 |
Southern
Copper Corp. (Peru) |
22,187 |
1,042,123 |
|
|
3,801,272 |
Industrial
Support Services — 7.1% | ||
Accenture
plc, Class A |
21,405 |
6,076,879 |
Automatic
Data Processing, Inc. |
16,746 |
4,047,508 |
Cintas
Corp. |
5,283 |
2,258,747 |
Jack
Henry & Associates, Inc. (a) |
6,919 |
1,377,296 |
Mastercard,
Inc., Class A |
28,032 |
9,199,542 |
Paychex,
Inc. |
18,625 |
2,203,524 |
Robert
Half International, Inc. |
12,788 |
977,770 |
Verisk
Analytics, Inc. |
9,650 |
1,764,310 |
Visa,
Inc., Class A (a) |
52,578 |
10,892,058 |
Western
Union Co. (The) |
47,329 |
639,415 |
WW
Grainger, Inc. |
3,362 |
1,964,585 |
|
|
41,401,634 |
Industrial
Transportation — 1.1% | ||
Allison
Transmission Holdings, Inc. |
18,831 |
795,610 |
Landstar
System, Inc. |
5,331 |
832,809 |
Union
Pacific Corp. |
21,590 |
4,256,252 |
United
Parcel Service, Inc., Class B |
2,444 |
410,030 |
|
|
6,294,701 |
Investment
Banking & Brokerage Services — 3.9% | ||
Berkshire
Hathaway, Inc., Class B * |
36,638 |
10,811,507 |
BlackRock,
Inc. |
5,133 |
3,315,456 |
Broadridge
Financial Solutions, Inc. |
10,204 |
1,531,212 |
Intercontinental
Exchange, Inc. |
17,731 |
1,694,552 |
MarketAxess
Holdings, Inc. |
2,207 |
538,596 |
Nasdaq,
Inc. |
28,716 |
1,787,284 |
SEI
Investments Co. |
18,085 |
982,015 |
T.
Rowe Price Group, Inc. |
12,285 |
1,304,176 |
Virtu
Financial, Inc., Class A |
28,444 |
636,577 |
|
|
22,601,375 |
Leisure
Goods — 0.8% | ||
Activision
Blizzard, Inc. |
36,136 |
2,630,701 |
Electronic
Arts, Inc. (a) |
16,234 |
2,044,835 |
|
|
4,675,536 |
Life
Insurance — 0.7% | ||
Aflac,
Inc. |
37,052 |
2,412,455 |
Globe
Life, Inc. |
12,286 |
1,419,279 |
|
|
3,831,734 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Media
— 1.0% | ||
Interpublic
Group of Cos., Inc. (The) |
50,945 |
1,517,652 |
Omnicom
Group, Inc. |
22,571 |
1,642,040 |
Sirius
XM Holdings, Inc. (a) |
209,010 |
1,262,420 |
World
Wrestling Entertainment, Inc., Class A |
17,528 |
1,382,784 |
|
|
5,804,896 |
Medical
Equipment & Services — 1.7% | ||
Abbott
Laboratories |
29,401 |
2,908,935 |
Bio-Techne
Corp. |
3,976 |
1,177,930 |
Edwards
Lifesciences Corp. * |
29,243 |
2,118,071 |
Hologic,
Inc. * |
19,365 |
1,312,947 |
IDEXX
Laboratories, Inc. * |
4,737 |
1,703,804 |
QuidelOrtho
Corp. * |
6,787 |
609,608 |
ResMed,
Inc. |
67 |
14,987 |
|
|
9,846,282 |
Non-life
Insurance — 4.4% | ||
Allstate
Corp. (The) |
16,914 |
2,135,393 |
Aon
plc, Class A |
10,092 |
2,840,797 |
Arch
Capital Group Ltd. * |
29,829 |
1,715,168 |
Arthur
J Gallagher & Co. |
12,252 |
2,292,104 |
Brown
& Brown, Inc. |
24,947 |
1,466,634 |
Chubb
Ltd. |
12,362 |
2,656,470 |
Erie
Indemnity Co., Class A |
4,840 |
1,243,928 |
Fidelity
National Financial, Inc. |
22,712 |
894,399 |
Hanover
Insurance Group, Inc. (The) |
2,726 |
399,332 |
Marsh
& McLennan Cos., Inc. |
21,517 |
3,474,780 |
Progressive
Corp. (The) |
20,998 |
2,696,143 |
Travelers
Cos., Inc. (The) (a) |
11,779 |
2,172,754 |
WR
Berkley Corp. |
22,752 |
1,692,294 |
|
|
25,680,196 |
Non-Renewable
Energy — 5.5% | ||
Antero
Midstream Corp. |
71,003 |
756,182 |
APA
Corp. |
33,453 |
1,520,773 |
Chevron
Corp. |
42,576 |
7,701,998 |
Coterra
Energy, Inc. |
57,690 |
1,795,890 |
Devon
Energy Corp. |
29,000 |
2,243,150 |
EOG
Resources, Inc. |
24,250 |
3,310,610 |
Exxon
Mobil Corp. |
92,089 |
10,204,382 |
PDC
Energy, Inc. |
16,650 |
1,201,131 |
Targa
Resources Corp. |
21,787 |
1,489,577 |
Texas
Pacific Land Corp. |
610 |
1,405,361 |
|
|
31,629,054 |
206
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Personal
Care, Drug & Grocery Stores — 3.2% | ||
Albertsons
Cos., Inc., Class A |
12,474 |
255,842 |
Church
& Dwight Co., Inc. |
11,443 |
848,269 |
Clorox
Co. (The) |
9,291 |
1,356,858 |
Colgate-Palmolive
Co. |
38,140 |
2,816,258 |
Kimberly-Clark
Corp. |
6,223 |
774,514 |
McKesson
Corp. |
7,262 |
2,827,605 |
Procter
& Gamble Co. (The) |
73,586 |
9,909,827 |
|
|
18,789,173 |
Personal
Goods — 1.0% | ||
Deckers
Outdoor Corp. * |
443 |
155,019 |
Estee
Lauder Cos., Inc. (The), Class A |
11,121 |
2,229,649 |
NIKE,
Inc., Class B |
19,182 |
1,777,788 |
Tapestry,
Inc. |
40,377 |
1,279,144 |
Under
Armour, Inc., Class A *
(a) |
74,574 |
555,576 |
|
|
5,997,176 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 12.1% | ||
AbbVie,
Inc. |
58,663 |
8,588,263 |
Amgen,
Inc. |
19,515 |
5,275,880 |
Biogen,
Inc. * |
5,798 |
1,643,385 |
Bristol-Myers
Squibb Co. |
44,125 |
3,418,364 |
Eli
Lilly & Co. |
24,835 |
8,992,505 |
Gilead
Sciences, Inc. |
46,511 |
3,649,253 |
Johnson
& Johnson |
62,014 |
10,788,576 |
Merck
& Co., Inc. |
83,202 |
8,420,042 |
Moderna,
Inc. * |
15,951 |
2,397,914 |
Pfizer,
Inc. |
172,955 |
8,051,055 |
Regeneron
Pharmaceuticals, Inc. * |
3,732 |
2,794,335 |
Vertex
Pharmaceuticals, Inc. * |
11,332 |
3,535,584 |
Zoetis,
Inc. |
18,792 |
2,833,458 |
|
|
70,388,614 |
Precious
Metals & Mining — 0.3% | ||
Newmont
Corp. |
26,550 |
1,123,596 |
SSR
Mining, Inc. (Canada) |
28,129 |
388,180 |
|
|
1,511,776 |
Real
Estate Investment & Services — 0.3% | ||
CBRE
Group, Inc., Class A * |
23,951 |
1,699,084 |
Real
Estate Investment Trusts — 2.8% | ||
American
Tower Corp. |
11,685 |
2,421,015 |
Camden
Property Trust |
5,983 |
691,336 |
Crown
Castle, Inc. |
9,273 |
1,235,720 |
Equity
LifeStyle Properties, Inc. |
16,270 |
1,040,629 |
Equity
Residential |
10,401 |
655,471 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Real
Estate Investment Trusts — continued | ||
Extra
Space Storage, Inc. |
9,499 |
1,685,502 |
Gaming
and Leisure Properties, Inc. |
11,541 |
578,435 |
Lamar
Advertising Co., Class A |
14,355 |
1,323,962 |
Life
Storage, Inc. |
6,878 |
760,776 |
Public
Storage |
7,566 |
2,343,568 |
Rayonier,
Inc. |
18,837 |
634,807 |
Simon
Property Group, Inc. |
14,561 |
1,586,858 |
Weyerhaeuser
Co. |
37,827 |
1,169,989 |
|
|
16,128,068 |
Retailers
— 5.8% | ||
AutoZone,
Inc. * |
1,094 |
2,770,971 |
Costco
Wholesale Corp. |
14,805 |
7,424,707 |
Dollar
General Corp. |
10,192 |
2,599,470 |
Home
Depot, Inc. (The) |
30,938 |
9,161,670 |
Lowe's
Cos., Inc. |
733 |
142,898 |
O'Reilly
Automotive, Inc. * |
3,412 |
2,856,424 |
Target
Corp. |
16,717 |
2,745,767 |
Tractor
Supply Co. |
7,363 |
1,618,166 |
Ulta
Beauty, Inc. * |
4,172 |
1,749,612 |
Victoria's
Secret & Co. *
(a) |
30,106 |
1,131,986 |
Williams-Sonoma,
Inc. (a) |
9,807 |
1,214,401 |
|
|
33,416,072 |
Software
& Computer Services — 14.6% | ||
Adobe,
Inc. * |
16,578 |
5,280,093 |
Akamai
Technologies, Inc. *
(a) |
17,442 |
1,540,652 |
Alphabet,
Inc., Class A * |
106,711 |
10,085,257 |
Amdocs
Ltd. |
14,887 |
1,284,897 |
Aspen
Technology, Inc. * |
4,052 |
978,355 |
Autodesk,
Inc. * |
11,942 |
2,559,171 |
Cadence
Design Systems, Inc. * |
14,545 |
2,201,968 |
Cognizant
Technology Solutions Corp., Class A |
33,501 |
2,085,437 |
Crowdstrike
Holdings, Inc., Class A * |
10,014 |
1,614,257 |
Dell
Technologies, Inc., Class C (a) |
21,911 |
841,382 |
DocuSign,
Inc. * |
26,675 |
1,288,402 |
Dolby
Laboratories, Inc., Class A |
17,488 |
1,168,898 |
Dropbox,
Inc., Class A * |
62,747 |
1,364,747 |
Dynatrace,
Inc. * |
36,871 |
1,299,334 |
F5,
Inc. * |
4,776 |
682,538 |
Fortinet,
Inc. * |
41,887 |
2,394,261 |
Gartner,
Inc. * |
6,156 |
1,858,619 |
International
Business Machines Corp. |
29,082 |
4,021,750 |
Intuit,
Inc. |
10,194 |
4,357,935 |
Manhattan
Associates, Inc. * |
10,164 |
1,236,654 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
207
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Software
& Computer Services — continued | ||
Meta
Platforms, Inc., Class A * |
71,797 |
6,688,608 |
Microsoft
Corp. |
44,943 |
10,432,619 |
NortonLifeLock,
Inc. |
65,955 |
1,485,966 |
Palo
Alto Networks, Inc. * |
14,718 |
2,525,462 |
Paycom
Software, Inc. * |
4,780 |
1,653,880 |
Pinterest,
Inc., Class A * |
36,956 |
909,118 |
Roper
Technologies, Inc. |
4,342 |
1,799,933 |
ServiceNow,
Inc. * |
8,316 |
3,498,874 |
SS&C
Technologies Holdings, Inc. |
14,764 |
759,165 |
Synopsys,
Inc. * |
7,786 |
2,277,794 |
Teradata
Corp. * |
38,755 |
1,224,270 |
VeriSign,
Inc. * |
8,988 |
1,801,734 |
VMware,
Inc., Class A |
15,020 |
1,690,201 |
|
|
84,892,231 |
Technology
Hardware & Equipment — 9.9% | ||
Amphenol
Corp., Class A |
14,038 |
1,064,502 |
Analog
Devices, Inc. |
22,511 |
3,210,519 |
Apple,
Inc. |
73,862 |
11,325,999 |
Applied
Materials, Inc. |
37,182 |
3,282,799 |
Broadcom,
Inc. |
13,539 |
6,364,955 |
Corning,
Inc. (a) |
24,774 |
796,980 |
GLOBALFOUNDRIES,
Inc. *
(a) |
21,632 |
1,226,534 |
IPG
Photonics Corp. * |
6,352 |
544,112 |
KLA
Corp. |
7,443 |
2,355,337 |
Lattice
Semiconductor Corp. * |
14,505 |
703,638 |
Microchip
Technology, Inc. |
33,028 |
2,039,149 |
Micron
Technology, Inc. |
38,795 |
2,098,809 |
NetApp,
Inc. |
14,051 |
973,313 |
NVIDIA
Corp. |
52,837 |
7,131,410 |
Pure
Storage, Inc., Class A * |
38,102 |
1,175,828 |
Qorvo,
Inc. * |
10,603 |
912,706 |
QUALCOMM,
Inc. |
40,894 |
4,811,588 |
Skyworks
Solutions, Inc. |
9,334 |
802,817 |
Teradyne,
Inc. |
18,258 |
1,485,288 |
Texas
Instruments, Inc. |
33,316 |
5,351,549 |
|
|
57,657,832 |
Telecommunications
Equipment — 1.6% | ||
Cisco
Systems, Inc. |
129,984 |
5,905,173 |
Lumentum
Holdings, Inc. * |
15,986 |
1,190,158 |
Motorola
Solutions, Inc. |
4,242 |
1,059,270 |
Ubiquiti,
Inc. (a) |
3,432 |
1,190,046 |
|
|
9,344,647 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Telecommunications
Service Providers — 0.8% | ||
Charter
Communications, Inc., Class A * |
1,692 |
622,013 |
Verizon
Communications, Inc. |
112,001 |
4,185,477 |
|
|
4,807,490 |
Tobacco
— 1.5% | ||
Altria
Group, Inc. |
76,817 |
3,554,322 |
Philip
Morris International, Inc. |
56,329 |
5,173,819 |
|
|
8,728,141 |
Travel
& Leisure — 4.8% | ||
Airbnb,
Inc., Class A *
(a) |
9,230 |
986,779 |
Booking
Holdings, Inc. * |
1,759 |
3,288,415 |
Boyd
Gaming Corp. |
12,963 |
748,743 |
Choice
Hotels International, Inc. |
11,127 |
1,444,730 |
Copa
Holdings SA, Class A (Panama) * |
12,033 |
905,243 |
Domino's
Pizza, Inc. |
3,717 |
1,234,936 |
Expedia
Group, Inc. * |
15,525 |
1,451,122 |
Live
Nation Entertainment, Inc. * |
17,170 |
1,366,904 |
Madison
Square Garden Sports Corp. |
1,961 |
307,112 |
Marriott
International, Inc., Class A |
15,215 |
2,436,074 |
McDonald's
Corp. |
25,552 |
6,967,008 |
Starbucks
Corp. |
46,612 |
4,036,133 |
Wyndham
Hotels & Resorts, Inc. |
9,273 |
704,099 |
Yum!
Brands, Inc. |
18,048 |
2,134,176 |
|
|
28,011,474 |
Waste
& Disposal Services — 1.0% | ||
Clean
Harbors, Inc. * |
8,328 |
1,019,847 |
Republic
Services, Inc. |
13,879 |
1,840,633 |
Waste
Management, Inc. |
18,567 |
2,940,456 |
|
|
5,800,936 |
Total
Common Stocks
(Cost
$594,885,184) |
|
578,362,907 |
Short-Term
Investments — 3.6% | ||
Investment
Companies — 0.1% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$785,535) |
785,535 |
785,535 |
Investment
of Cash Collateral from Securities Loaned — 3.5% | ||
JPMorgan
Securities Lending Money Market
Fund
Class Agency SL Shares, 3.23% (b)
(c) |
16,497,925 |
16,497,925 |
208
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Short-Term
Investments — continued | ||
Investment
of Cash Collateral from Securities Loaned —
continued | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c) |
3,688,865 |
3,688,865 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$20,186,590) |
|
20,186,790 |
Total
Short-Term Investments
(Cost
$20,972,125) |
|
20,972,325 |
Total
Investments — 103.4%
(Cost
$615,857,309) |
|
599,335,232 |
Liabilities
in Excess of Other Assets — (3.4)% |
|
(19,607,125) |
NET
ASSETS — 100.0% |
|
579,728,107 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$19,486,422. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
500 E-Mini Index |
5 |
12/16/2022 |
USD |
970,750 |
55,014 |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
209
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — 99.8% | ||
Aerospace
& Defense — 1.7% | ||
General
Dynamics Corp. |
7,247 |
1,810,301 |
Huntington
Ingalls Industries, Inc. |
3,351 |
861,442 |
L3Harris
Technologies, Inc. |
7,121 |
1,755,113 |
Raytheon
Technologies Corp. |
23,625 |
2,240,122 |
Textron,
Inc. |
12,371 |
846,671 |
|
|
7,513,649 |
Automobiles
& Parts — 2.2% | ||
BorgWarner,
Inc. |
28,921 |
1,085,405 |
Ford
Motor Co. |
145,600 |
1,946,672 |
General
Motors Co. |
47,559 |
1,866,691 |
Gentex
Corp. |
35,954 |
952,422 |
Genuine
Parts Co. |
8,776 |
1,560,899 |
Lear
Corp. |
7,658 |
1,062,241 |
LKQ
Corp. |
22,513 |
1,252,623 |
|
|
9,726,953 |
Banks
— 4.6% | ||
Bank
OZK |
10,954 |
470,803 |
BOK
Financial Corp. |
6,847 |
754,471 |
Citigroup,
Inc. |
60,633 |
2,780,629 |
Citizens
Financial Group, Inc. |
32,551 |
1,331,336 |
Comerica,
Inc. |
14,015 |
988,058 |
Fifth
Third Bancorp |
39,564 |
1,412,039 |
First
Hawaiian, Inc. |
25,212 |
644,923 |
First
Horizon Corp. |
25,497 |
624,931 |
FNB
Corp. |
84,897 |
1,226,762 |
KeyCorp |
67,826 |
1,212,051 |
New
York Community Bancorp, Inc. (a) |
100,264 |
933,458 |
PacWest
Bancorp |
33,149 |
824,084 |
Popular,
Inc. (Puerto Rico) |
13,133 |
928,766 |
Prosperity
Bancshares, Inc. |
5,220 |
373,595 |
Regions
Financial Corp. |
62,779 |
1,377,999 |
Synovus
Financial Corp. |
22,700 |
904,595 |
Truist
Financial Corp. |
40,542 |
1,815,876 |
Umpqua
Holdings Corp. |
33,958 |
675,085 |
US
Bancorp |
9,283 |
394,063 |
Zions
Bancorp NA |
14,381 |
746,949 |
|
|
20,420,473 |
Beverages
— 0.4% | ||
Keurig
Dr Pepper, Inc. |
19,152 |
743,864 |
Molson
Coors Beverage Co., Class B |
21,310 |
1,074,663 |
|
|
1,818,527 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Chemicals
— 0.8% | ||
Chemours
Co. (The) |
20,682 |
592,126 |
Dow,
Inc. |
22,584 |
1,055,576 |
Huntsman
Corp. |
26,812 |
717,489 |
LyondellBasell
Industries NV, Class A |
15,081 |
1,152,942 |
|
|
3,518,133 |
Construction
& Materials — 0.9% | ||
Acuity
Brands, Inc. |
3,690 |
677,373 |
Louisiana-Pacific
Corp. |
18,529 |
1,049,668 |
MDU
Resources Group, Inc. |
17,697 |
504,011 |
Mohawk
Industries, Inc. * |
6,677 |
632,646 |
Owens
Corning |
13,025 |
1,115,070 |
|
|
3,978,768 |
Consumer
Services — 0.9% | ||
AMERCO |
716 |
411,836 |
eBay,
Inc. |
32,515 |
1,295,398 |
Grand
Canyon Education, Inc. * |
2,583 |
259,927 |
H&R
Block, Inc. |
21,024 |
865,138 |
Service
Corp. International |
16,561 |
1,003,762 |
|
|
3,836,061 |
Electricity
— 2.2% | ||
Avangrid,
Inc. |
11,080 |
450,734 |
Consolidated
Edison, Inc. |
14,825 |
1,304,007 |
Evergy,
Inc. |
12,095 |
739,367 |
Exelon
Corp. |
13,069 |
504,333 |
FirstEnergy
Corp. |
22,528 |
849,531 |
Hawaiian
Electric Industries, Inc. |
17,506 |
665,928 |
NRG
Energy, Inc. |
26,071 |
1,157,552 |
OGE
Energy Corp. |
15,477 |
566,922 |
Pinnacle
West Capital Corp. |
14,193 |
953,912 |
PPL
Corp. |
47,346 |
1,254,196 |
Southern
Co. (The) |
21,693 |
1,420,458 |
|
|
9,866,940 |
Electronic
& Electrical Equipment — 1.8% | ||
Crane
Holdings Co. |
10,706 |
1,074,240 |
Emerson
Electric Co. |
20,343 |
1,761,704 |
Hubbell,
Inc. |
5,423 |
1,287,854 |
Johnson
Controls International plc |
27,877 |
1,612,406 |
MKS
Instruments, Inc. |
5,676 |
466,283 |
nVent
Electric plc |
29,749 |
1,085,838 |
Pentair
plc |
18,463 |
792,986 |
|
|
8,081,311 |
210
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Finance
& Credit Services — 0.6% | ||
Ally
Financial, Inc. |
33,633 |
926,925 |
MGIC
Investment Corp. |
51,790 |
706,934 |
OneMain
Holdings, Inc. |
26,997 |
1,041,004 |
|
|
2,674,863 |
Food
Producers — 3.1% | ||
Archer-Daniels-Midland
Co. |
22,480 |
2,180,111 |
Bunge
Ltd. |
3,116 |
307,549 |
Campbell
Soup Co. |
22,591 |
1,195,290 |
Conagra
Brands, Inc. |
36,622 |
1,344,027 |
Flowers
Foods, Inc. |
21,319 |
612,069 |
General
Mills, Inc. |
24,468 |
1,996,100 |
Ingredion,
Inc. |
6,361 |
566,892 |
J
M Smucker Co. (The) |
8,694 |
1,309,838 |
Kellogg
Co. |
11,851 |
910,394 |
Kraft
Heinz Co. (The) |
39,454 |
1,517,795 |
Post
Holdings, Inc. * |
8,250 |
745,965 |
Tyson
Foods, Inc., Class A |
18,298 |
1,250,668 |
|
|
13,936,698 |
Gas,
Water & Multi-utilities — 0.9% | ||
Duke
Energy Corp. |
25,200 |
2,348,136 |
National
Fuel Gas Co. |
8,873 |
598,839 |
UGI
Corp. |
26,256 |
927,624 |
|
|
3,874,599 |
General
Industrials — 2.8% | ||
3M
Co. |
15,369 |
1,933,267 |
Amcor
plc |
66,605 |
771,286 |
Berry
Global Group, Inc. * |
10,520 |
497,806 |
Dover
Corp. |
8,746 |
1,143,015 |
DuPont
de Nemours, Inc. |
27,416 |
1,568,195 |
Eaton
Corp. plc |
13,846 |
2,077,869 |
Packaging
Corp. of America |
8,485 |
1,019,982 |
Parker-Hannifin
Corp. |
5,934 |
1,724,539 |
Silgan
Holdings, Inc. |
17,884 |
846,986 |
Westrock
Co. |
27,720 |
944,143 |
|
|
12,527,088 |
Health
Care Providers — 5.1% | ||
Centene
Corp. * |
18,423 |
1,568,350 |
Cigna
Corp. |
9,643 |
3,115,268 |
Elevance
Health, Inc. |
7,171 |
3,920,888 |
Encompass
Health Corp. |
7,596 |
413,526 |
Enhabit,
Inc. * |
11,770 |
146,183 |
Humana,
Inc. |
4,176 |
2,330,542 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Health
Care Providers — continued | ||
Premier,
Inc., Class A |
20,801 |
725,539 |
UnitedHealth
Group, Inc. |
17,234 |
9,567,455 |
Universal
Health Services, Inc., Class B |
7,085 |
820,939 |
|
|
22,608,690 |
Household
Goods & Home Construction — 1.7% | ||
DR
Horton, Inc. |
16,849 |
1,295,351 |
Leggett
& Platt, Inc. |
26,253 |
886,039 |
Lennar
Corp., Class A |
17,053 |
1,376,177 |
Newell
Brands, Inc. |
56,340 |
778,056 |
PulteGroup,
Inc. |
27,366 |
1,094,366 |
Toll
Brothers, Inc. |
22,829 |
983,473 |
Whirlpool
Corp. |
6,976 |
964,362 |
|
|
7,377,824 |
Industrial
Engineering — 1.8% | ||
AGCO
Corp. |
8,028 |
996,837 |
Brunswick
Corp. |
7,918 |
559,565 |
Caterpillar,
Inc. |
14,631 |
3,167,026 |
Cummins,
Inc. |
6,547 |
1,600,807 |
Snap-on,
Inc. |
5,297 |
1,176,199 |
Stanley
Black & Decker, Inc. |
8,313 |
652,487 |
|
|
8,152,921 |
Industrial
Materials — 0.2% | ||
International
Paper Co. |
28,667 |
963,498 |
Industrial
Metals & Mining — 0.9% | ||
Nucor
Corp. |
12,639 |
1,660,512 |
Reliance
Steel & Aluminum Co. |
6,213 |
1,251,795 |
Timken
Co. (The) |
4,761 |
339,412 |
United
States Steel Corp. |
27,767 |
565,336 |
|
|
3,817,055 |
Industrial
Support Services — 1.6% | ||
ADT,
Inc. |
65,071 |
550,501 |
Capital
One Financial Corp. |
16,967 |
1,798,841 |
ManpowerGroup,
Inc. |
13,285 |
1,040,747 |
MSC
Industrial Direct Co., Inc., Class A |
10,461 |
868,054 |
Robert
Half International, Inc. |
5,930 |
453,408 |
Synchrony
Financial |
38,689 |
1,375,781 |
Western
Union Co. (The) |
68,854 |
930,217 |
|
|
7,017,549 |
Industrial
Transportation — 2.5% | ||
Allison
Transmission Holdings, Inc. |
25,948 |
1,096,303 |
FedEx
Corp. |
7,290 |
1,168,441 |
Knight-Swift
Transportation Holdings, Inc. |
21,371 |
1,026,449 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
211
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Industrial
Transportation — continued | ||
Norfolk
Southern Corp. |
7,834 |
1,786,701 |
Oshkosh
Corp. |
9,202 |
809,776 |
PACCAR,
Inc. |
15,141 |
1,466,103 |
Ryder
System, Inc. |
13,213 |
1,063,779 |
Schneider
National, Inc., Class B |
20,138 |
447,869 |
Union
Pacific Corp. |
12,329 |
2,430,539 |
|
|
11,295,960 |
Investment
Banking & Brokerage Services — 1.3% | ||
Bank
of New York Mellon Corp. (The) |
37,136 |
1,563,797 |
Franklin
Resources, Inc. |
40,218 |
943,112 |
Invesco
Ltd. |
62,862 |
963,046 |
Jefferies
Financial Group, Inc. |
33,091 |
1,138,661 |
State
Street Corp. |
18,501 |
1,369,074 |
|
|
5,977,690 |
Leisure
Goods — 1.5% | ||
Activision
Blizzard, Inc. |
28,305 |
2,060,604 |
Garmin
Ltd. |
10,412 |
916,672 |
Harley-Davidson,
Inc. |
25,972 |
1,116,796 |
Hasbro,
Inc. |
13,303 |
868,021 |
Polaris,
Inc. |
4,720 |
479,552 |
Thor
Industries, Inc. |
12,467 |
1,015,687 |
|
|
6,457,332 |
Life
Insurance — 1.8% | ||
Lincoln
National Corp. |
21,783 |
1,173,450 |
MetLife,
Inc. |
28,476 |
2,084,728 |
Principal
Financial Group, Inc. |
17,471 |
1,539,719 |
Prudential
Financial, Inc. |
17,689 |
1,860,706 |
Unum
Group |
28,296 |
1,290,015 |
|
|
7,948,618 |
Media
— 1.5% | ||
Fox
Corp., Class A |
31,045 |
896,269 |
Interpublic
Group of Cos., Inc. (The) |
41,586 |
1,238,847 |
Liberty
Media Corp.-Liberty SiriusXM, Class C * |
13,776 |
581,209 |
News
Corp., Class A |
53,827 |
908,062 |
Nexstar
Media Group, Inc., Class A |
5,550 |
950,715 |
Omnicom
Group, Inc. |
18,041 |
1,312,483 |
Paramount
Global, Class B |
45,318 |
830,226 |
|
|
6,717,811 |
Medical
Equipment & Services — 2.2% | ||
Baxter
International, Inc. |
8,394 |
456,214 |
Becton
Dickinson and Co. |
7,892 |
1,862,275 |
Laboratory
Corp. of America Holdings |
3,578 |
793,815 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Medical
Equipment & Services — continued | ||
Medtronic
plc |
35,619 |
3,110,964 |
PerkinElmer,
Inc. |
5,720 |
764,078 |
Quest
Diagnostics, Inc. |
9,631 |
1,383,493 |
QuidelOrtho
Corp. * |
6,599 |
592,722 |
Zimmer
Biomet Holdings, Inc. |
7,041 |
798,097 |
|
|
9,761,658 |
Mortgage
Real Estate Investment Trusts — 0.7% | ||
AGNC
Investment Corp. |
72,868 |
598,975 |
Annaly
Capital Management, Inc. |
43,876 |
813,900 |
Rithm
Capital Corp. |
104,384 |
879,957 |
Starwood
Property Trust, Inc. |
38,622 |
797,930 |
|
|
3,090,762 |
Non-life
Insurance — 1.8% | ||
American
International Group, Inc. |
29,868 |
1,702,476 |
Assured
Guaranty Ltd. |
16,672 |
986,816 |
Axis
Capital Holdings Ltd. |
9,781 |
534,727 |
Everest
Re Group Ltd. |
2,531 |
816,652 |
Fidelity
National Financial, Inc. |
16,754 |
659,773 |
First
American Financial Corp. |
18,587 |
936,785 |
Hartford
Financial Services Group, Inc. (The) |
9,445 |
683,912 |
Old
Republic International Corp. |
44,824 |
1,040,365 |
Reinsurance
Group of America, Inc. |
5,352 |
787,654 |
|
|
8,149,160 |
Non-Renewable
Energy — 5.5% | ||
Antero
Midstream Corp. |
94,221 |
1,003,454 |
Chevron
Corp. |
24,582 |
4,446,884 |
ConocoPhillips |
3,977 |
501,460 |
Diamondback
Energy, Inc. |
8,245 |
1,295,372 |
DT
Midstream, Inc. |
6,638 |
396,288 |
Exxon
Mobil Corp. |
90,333 |
10,009,800 |
Kinder
Morgan, Inc. |
92,741 |
1,680,467 |
Marathon
Oil Corp. |
14,382 |
437,932 |
Marathon
Petroleum Corp. |
7,594 |
862,830 |
ONEOK,
Inc. |
16,398 |
972,729 |
Phillips
66 |
19,606 |
2,044,710 |
Valero
Energy Corp. |
6,901 |
866,420 |
|
|
24,518,346 |
Personal
Care, Drug & Grocery Stores — 1.6% | ||
Albertsons
Cos., Inc., Class A |
25,085 |
514,493 |
CVS
Health Corp. |
37,808 |
3,580,418 |
212
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Personal
Care, Drug & Grocery Stores — continued | ||
Kroger
Co. (The) |
27,801 |
1,314,709 |
Walgreens
Boots Alliance, Inc. |
41,261 |
1,506,027 |
|
|
6,915,647 |
Personal
Goods — 1.3% | ||
Capri
Holdings Ltd. * |
12,661 |
578,354 |
Carter's,
Inc. |
10,916 |
740,869 |
Columbia
Sportswear Co. |
6,930 |
516,285 |
Hanesbrands,
Inc. |
91,430 |
623,553 |
PVH
Corp. |
17,599 |
903,181 |
Ralph
Lauren Corp. |
10,155 |
941,267 |
Tapestry,
Inc. |
30,977 |
981,351 |
VF
Corp. |
17,763 |
501,805 |
|
|
5,786,665 |
Pharmaceuticals,
Biotechnology & Marijuana Producers — 7.1% | ||
Amgen,
Inc. |
12,071 |
3,263,395 |
Biogen,
Inc. * |
3,324 |
942,155 |
Bristol-Myers
Squibb Co. |
36,059 |
2,793,491 |
Gilead
Sciences, Inc. |
34,254 |
2,687,569 |
Johnson
& Johnson |
46,950 |
8,167,891 |
Merck
& Co., Inc. |
60,037 |
6,075,744 |
Perrigo
Co. plc |
5,990 |
241,277 |
Pfizer,
Inc. |
136,294 |
6,344,486 |
United
Therapeutics Corp. * |
4,201 |
968,456 |
|
|
31,484,464 |
Real
Estate Investment & Services — 0.2% | ||
Jones
Lang LaSalle, Inc. * |
4,136 |
657,996 |
Real
Estate Investment Trusts — 3.0% | ||
Brixmor
Property Group, Inc. |
27,765 |
591,672 |
Cousins
Properties, Inc. |
9,167 |
217,808 |
EPR
Properties |
16,832 |
649,715 |
Equity
Residential |
12,708 |
800,858 |
Gaming
and Leisure Properties, Inc. |
12,845 |
643,792 |
Highwoods
Properties, Inc. |
16,934 |
478,047 |
Iron
Mountain, Inc. |
1,302 |
65,191 |
Kilroy
Realty Corp. |
9,296 |
397,311 |
Kimco
Realty Corp. |
55,779 |
1,192,555 |
Medical
Properties Trust, Inc. |
50,032 |
572,866 |
National
Retail Properties, Inc. |
14,433 |
606,619 |
Omega
Healthcare Investors, Inc. |
29,021 |
922,287 |
Regency
Centers Corp. |
10,562 |
639,107 |
Simon
Property Group, Inc. |
11,481 |
1,251,199 |
SL
Green Realty Corp. |
21,242 |
842,883 |
Ventas,
Inc. |
14,755 |
577,363 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Real
Estate Investment Trusts — continued | ||
VICI
Properties, Inc. |
29,633 |
948,849 |
Vornado
Realty Trust |
11,697 |
275,932 |
Welltower,
Inc. |
14,516 |
886,057 |
Weyerhaeuser
Co. |
7,497 |
231,882 |
WP
Carey, Inc. |
8,985 |
685,556 |
|
|
13,477,549 |
Retailers
— 4.1% | ||
Advance
Auto Parts, Inc. |
5,500 |
1,044,560 |
AutoNation,
Inc. * |
8,007 |
851,224 |
Bath
& Body Works, Inc. |
16,013 |
534,514 |
Best
Buy Co., Inc. |
13,921 |
952,336 |
Dick's
Sporting Goods, Inc. |
9,534 |
1,084,588 |
Gap,
Inc. (The) |
69,902 |
787,795 |
Kohl's
Corp. |
21,319 |
638,504 |
Lithia
Motors, Inc., Class A |
3,905 |
773,776 |
Macy's,
Inc. |
58,593 |
1,221,664 |
Nordstrom,
Inc. |
27,153 |
552,292 |
Penske
Automotive Group, Inc. |
8,256 |
921,535 |
Target
Corp. |
12,674 |
2,081,704 |
Victoria's
Secret & Co. * |
23,900 |
898,640 |
Walmart,
Inc. |
35,184 |
5,007,739 |
Williams-Sonoma,
Inc. |
7,520 |
931,202 |
|
|
18,282,073 |
Software
& Computer Services — 11.4% | ||
Akamai
Technologies, Inc. * |
9,608 |
848,675 |
Alphabet,
Inc., Class A * |
72,170 |
6,820,787 |
Amdocs
Ltd. |
13,271 |
1,145,420 |
Black
Knight, Inc. * |
8,518 |
515,083 |
CACI
International, Inc., Class A * |
3,655 |
1,111,230 |
Cognizant
Technology Solutions Corp., Class A |
25,150 |
1,565,587 |
Dell
Technologies, Inc., Class C |
16,815 |
645,696 |
Dolby
Laboratories, Inc., Class A |
13,408 |
896,191 |
Dun
& Bradstreet Holdings, Inc. |
36,700 |
471,595 |
DXC
Technology Co. * |
28,693 |
824,924 |
F5,
Inc. * |
4,520 |
645,953 |
Hewlett
Packard Enterprise Co. |
96,286 |
1,374,001 |
International
Business Machines Corp. |
26,484 |
3,662,472 |
Intuit,
Inc. |
6,824 |
2,917,260 |
KBR,
Inc. |
12,031 |
598,783 |
Leidos
Holdings, Inc. |
12,301 |
1,249,658 |
Meta
Platforms, Inc., Class A * |
48,598 |
4,527,390 |
Microsoft
Corp. |
32,982 |
7,656,112 |
NCR
Corp. * |
20,724 |
440,592 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
213
|
INVESTMENTS |
SHARES |
VALUE
($) |
Common
Stocks — continued | ||
Software
& Computer Services — continued | ||
NortonLifeLock,
Inc. |
38,432 |
865,873 |
Oracle
Corp. |
45,017 |
3,514,477 |
PTC,
Inc. * |
6,631 |
781,331 |
Roper
Technologies, Inc. |
3,466 |
1,436,796 |
Salesforce,
Inc. * |
19,456 |
3,163,351 |
Science
Applications International Corp. |
11,029 |
1,194,882 |
SS&C
Technologies Holdings, Inc. |
19,884 |
1,022,435 |
Teradata
Corp. * |
19,640 |
620,428 |
|
|
50,516,982 |
Technology
Hardware & Equipment — 13.3% | ||
Amphenol
Corp., Class A |
19,047 |
1,444,334 |
Analog
Devices, Inc. |
17,432 |
2,486,152 |
Apple,
Inc. |
57,189 |
8,769,361 |
Applied
Materials, Inc. |
28,779 |
2,540,898 |
Arrow
Electronics, Inc. * |
8,616 |
872,456 |
Avnet,
Inc. |
22,486 |
903,712 |
Azenta,
Inc. |
10,140 |
450,216 |
Broadcom,
Inc. |
10,130 |
4,762,316 |
CDW
Corp. |
7,688 |
1,328,563 |
Cirrus
Logic, Inc. * |
8,250 |
553,740 |
Coherent
Corp. * |
10,864 |
365,139 |
Concentrix
Corp. |
4,464 |
545,635 |
Corning,
Inc. |
43,742 |
1,407,180 |
Entegris,
Inc. |
11,170 |
886,228 |
HP,
Inc. |
51,552 |
1,423,866 |
Intel
Corp. |
117,357 |
3,336,460 |
IPG
Photonics Corp. * |
5,585 |
478,411 |
Jabil,
Inc. |
18,529 |
1,190,488 |
KLA
Corp. |
5,783 |
1,830,030 |
Lam
Research Corp. |
5,018 |
2,031,186 |
Marvell
Technology, Inc. |
29,744 |
1,180,242 |
Microchip
Technology, Inc. |
24,147 |
1,490,836 |
Micron
Technology, Inc. |
39,716 |
2,148,636 |
National
Instruments Corp. |
15,424 |
588,888 |
NetApp,
Inc. |
17,497 |
1,212,017 |
ON
Semiconductor Corp. * |
22,796 |
1,400,358 |
Qorvo,
Inc. * |
8,250 |
710,160 |
QUALCOMM,
Inc. |
31,603 |
3,718,409 |
Skyworks
Solutions, Inc. |
12,449 |
1,070,739 |
TD
SYNNEX Corp. |
10,336 |
945,848 |
Teradyne,
Inc. |
11,370 |
924,950 |
Texas
Instruments, Inc. |
25,743 |
4,135,098 |
Universal
Display Corp. |
5,006 |
476,671 |
INVESTMENTS |
SHARES |
VALUE
($) |
| ||
Technology
Hardware & Equipment — continued | ||
Vertiv
Holdings Co. |
34,546 |
494,353 |
Western
Digital Corp. * |
23,933 |
822,577 |
|
|
58,926,153 |
Telecommunications
Equipment — 1.0% | ||
Cisco
Systems, Inc. |
86,674 |
3,937,600 |
Juniper
Networks, Inc. |
17,971 |
549,913 |
|
|
4,487,513 |
Telecommunications
Service Providers — 1.4% | ||
AT&T,
Inc. |
172,591 |
3,146,334 |
Comcast
Corp., Class A |
62,407 |
1,980,798 |
DISH
Network Corp., Class A * |
31,399 |
468,159 |
Lumen
Technologies, Inc. |
86,167 |
634,189 |
Verizon
Communications, Inc. |
4,546 |
169,884 |
|
|
6,399,364 |
Tobacco
— 0.8% | ||
Altria
Group, Inc. |
51,149 |
2,366,664 |
Philip
Morris International, Inc. |
10,634 |
976,733 |
|
|
3,343,397 |
Travel
& Leisure — 1.6% | ||
Boyd
Gaming Corp. |
12,270 |
708,715 |
Copa
Holdings SA, Class A (Panama) * |
12,850 |
966,706 |
Darden
Restaurants, Inc. |
9,867 |
1,412,362 |
Marriott
Vacations Worldwide Corp. |
3,931 |
580,845 |
MGM
Resorts International |
23,486 |
835,397 |
Penn
Entertainment, Inc. * |
7,437 |
246,165 |
Travel
+ Leisure Co. |
22,081 |
838,636 |
Wendy's
Co. (The) |
47,294 |
982,769 |
Wyndham
Hotels & Resorts, Inc. |
8,511 |
646,240 |
|
|
7,217,835 |
Total
Common Stocks
(Cost
$489,954,879) |
|
443,124,575 |
Short-Term
Investments — 0.3% | ||
Investment
Companies — 0.1% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c)(Cost
$377,263) |
377,263 |
377,263 |
Investment
of Cash Collateral from Securities Loaned — 0.2% | ||
JPMorgan
Securities Lending Money Market Fund
Class
Agency SL Shares, 3.23% (b)
(c) |
297,072 |
297,072 |
214
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
INVESTMENTS |
SHARES |
VALUE
($) |
Short-Term
Investments — continued | ||
Investment
of Cash Collateral from Securities Loaned —
continued | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (b)
(c) |
623,020 |
623,020 |
Total
Investment of Cash Collateral from Securities
Loaned
(Cost
$919,884) |
|
920,092 |
Total
Short-Term Investments
(Cost
$1,297,147) |
|
1,297,355 |
Total
Investments — 100.1%
(Cost
$491,252,026) |
|
444,421,930 |
Liabilities
in Excess of Other Assets — (0.1)% |
|
(338,210) |
NET
ASSETS — 100.0% |
|
444,083,720 |
Percentages
indicated are based on net
assets. |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2022.
The total value of securities on loan at October 31, 2022 is
$904,560. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
500 E-Mini Index |
3 |
12/16/2022 |
USD |
582,450 |
28,231 |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
215
|
|
JPMorgan
ActiveBuilders
Emerging
Markets
Equity
ETF |
JPMorgan
ActiveBuilders
International
Equity
ETF |
JPMorgan
BetaBuilders
Canada
ETF |
JPMorgan
BetaBuilders
Developed
Asia
Pacific
ex-Japan ETF
(formerly
known as
JPMorgan
BetaBuilders
Developed
Asia
ex-Japan
ETF) |
ASSETS: |
|
|
|
|
Investments
in non-affiliates, at value |
$902,991,773 |
$21,937,205 |
$5,610,132,074 |
$3,398,746,319 |
Investments
in affiliates, at value |
3,448,509 |
316,955 |
— |
— |
Investments
of cash collateral received from securities loaned,
at
value (See
Note 2.C.) |
— |
— |
450,591,449 |
189,738 |
Cash |
175,700 |
66,141 |
825,404 |
10,066 |
Foreign
currency, at value |
344,388 |
28,905 |
15,221,904 |
11,574,264 |
Deposits
at broker for futures contracts |
— |
— |
2,138,485 |
1,031,837 |
Receivables: |
|
|
|
|
Dividends
from non-affiliates |
676,387 |
49,095 |
16,558,758 |
663,226 |
Dividends
from affiliates |
300 |
25 |
— |
— |
Tax
reclaims |
30,876 |
33,145 |
— |
387,864 |
Securities
lending income (See
Note 2.C.) |
— |
7 |
126,851 |
— |
Variation
margin on futures contracts |
— |
— |
171,767 |
172,446 |
Total
Assets |
907,667,933 |
22,431,478 |
6,095,766,692 |
3,412,775,760 |
LIABILITIES: |
|
|
|
|
Payables: |
|
|
|
|
Investment
securities purchased |
27,046 |
— |
— |
— |
Collateral
received on securities loaned (See
Note 2.C.) |
— |
— |
450,591,449 |
189,738 |
Accrued
liabilities: |
|
|
|
|
Management
fees (See
Note 3.A.) |
255,031 |
4,602 |
901,948 |
575,118 |
Deferred
foreign capital gains tax |
231,730 |
— |
— |
— |
Total
Liabilities |
513,807 |
4,602 |
451,493,397 |
764,856 |
Net
Assets |
$907,154,126 |
$22,426,876 |
$5,644,273,295 |
$3,412,010,904
|
NET
ASSETS: |
|
|
|
|
Paid-in-Capital |
$1,240,516,782 |
$28,789,940 |
$5,234,513,892 |
$4,285,216,920 |
Total
distributable earnings (loss) |
(333,362,656) |
(6,363,064) |
409,759,403 |
(873,206,016) |
Total
Net Assets |
$907,154,126 |
$22,426,876 |
$5,644,273,295 |
$3,412,010,904
|
Outstanding
number of shares
(unlimited
number of shares authorized - par value
$0.0001) |
29,200,000 |
600,000 |
98,498,911 |
79,798,641 |
Net
asset value, per share |
$31.07 |
$37.38 |
$57.30 |
$42.76
|
Cost
of investments in non-affiliates |
$1,192,403,952 |
$26,943,499 |
$5,041,664,833 |
$4,002,360,290 |
Cost
of investments in affiliates |
3,448,736 |
316,955 |
— |
— |
Cost
of foreign currency |
344,583 |
28,657 |
15,104,916 |
11,300,866 |
Investment
securities on loan, at value (See
Note 2.C.) |
— |
— |
267,554,005 |
228,806 |
Cost
of investment of cash collateral (See
Note 2.C.) |
— |
— |
450,591,449 |
189,705 |
216
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
BetaBuilders
Europe
ETF |
JPMorgan
BetaBuilders
International
Equity
ETF |
JPMorgan
BetaBuilders
Japan
ETF |
JPMorgan
BetaBuilders
U.S.
Equity ETF |
ASSETS: |
|
|
|
|
Investments
in non-affiliates, at value |
$3,486,805,151 |
$2,684,196,896 |
$6,138,585,841 |
$1,252,579,235 |
Investments
in affiliates, at value |
— |
12,102,999 |
— |
22,618,256 |
Investments
of cash collateral received from securities
loaned,
at value (See
Note 2.C.) |
40,427,498 |
17,862,343 |
19,895,882 |
3,739,695 |
Cash |
25,274 |
282,093 |
67,298 |
12,379 |
Foreign
currency, at value |
16,638,212 |
843,592 |
11,308,906 |
— |
Deposits
at broker for futures contracts |
3,740,905 |
1,516,000 |
3,195,804 |
440,000 |
Receivables: |
|
|
|
|
Fund
shares sold |
582,722 |
— |
— |
— |
Dividends
from non-affiliates |
2,304,518 |
6,790,262 |
54,701,665 |
948,700 |
Dividends
from affiliates |
— |
946 |
— |
693 |
Tax
reclaims |
17,683,248 |
4,735,542 |
3,442,277 |
— |
Securities
lending income (See
Note 2.C.) |
36,586 |
13,649 |
24,173 |
3,798 |
Variation
margin on futures contracts |
153,381 |
— |
929,596 |
— |
Total
Assets |
3,568,397,495 |
2,728,344,322 |
6,232,151,442 |
1,280,342,756 |
LIABILITIES: |
|
|
|
|
Payables: |
|
|
|
|
Collateral
received on securities loaned (See
Note 2.C.) |
40,427,498 |
17,862,343 |
19,895,882 |
3,739,695 |
Variation
margin on futures contracts |
— |
228,449 |
— |
58,976 |
Accrued
liabilities: |
|
|
|
|
Management
fees (See
Note 3.A.) |
282,238 |
156,012 |
1,017,997 |
20,477 |
Total
Liabilities |
40,709,736 |
18,246,804 |
20,913,879 |
3,819,148 |
Net
Assets |
$3,527,687,759 |
$2,710,097,518 |
$6,211,237,563 |
$1,276,523,608
|
NET
ASSETS: |
|
|
|
|
Paid-in-Capital |
$4,672,737,709 |
$3,064,491,861 |
$8,026,697,913 |
$1,360,384,579 |
Total
distributable earnings (loss) |
(1,145,049,950) |
(354,394,343) |
(1,815,460,350) |
(83,860,971) |
Total
Net Assets |
$3,527,687,759 |
$2,710,097,518 |
$6,211,237,563 |
$1,276,523,608
|
Outstanding
number of shares
(unlimited
number of shares authorized - par value
$0.0001) |
80,899,596 |
60,600,000 |
148,997,548 |
18,400,000 |
Net
asset value, per share |
$43.61 |
$44.72 |
$41.69 |
$69.38
|
Cost
of investments in non-affiliates |
$4,381,041,728 |
$2,967,992,598 |
$7,775,017,695 |
$1,317,788,814 |
Cost
of investments in affiliates |
— |
12,102,999 |
— |
23,220,310 |
Cost
of foreign currency |
16,265,411 |
834,606 |
11,425,531 |
— |
Investment
securities on loan, at value (See
Note 2.C.) |
36,958,615 |
16,847,367 |
18,722,079 |
2,190,898 |
Cost
of investment of cash collateral (See
Note 2.C.) |
40,419,170 |
17,862,441 |
19,895,882 |
3,739,695 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
217
|
|
JPMorgan
BetaBuilders
U.S.
Mid
Cap Equity
ETF |
JPMorgan
BetaBuilders
U.S.
Small
Cap
Equity
ETF |
JPMorgan
Carbon
Transition
U.S.
Equity
ETF |
JPMorgan
Climate
Change
Solutions
ETF |
ASSETS: |
|
|
|
|
Investments
in non-affiliates, at value |
$1,381,884,271 |
$485,826,607 |
$20,888,783 |
$19,276,691 |
Investments
in affiliates, at value |
7,709,091 |
8,224,756 |
31,835 |
— |
Investments
of cash collateral received from securities loaned, at
value (See
Note 2.C.) |
37,583,866 |
11,621,701 |
— |
— |
Cash |
23,558 |
14,072 |
— |
166,641 |
Foreign
currency, at value |
— |
— |
— |
103,320 |
Deposits
at broker for futures contracts |
442,000 |
538,000 |
13,000 |
— |
Receivables: |
|
|
|
|
Investment
securities sold |
— |
— |
— |
180 |
Dividends
from non-affiliates |
515,527 |
131,736 |
17,029 |
8,095 |
Dividends
from affiliates |
603 |
643 |
2 |
— |
Tax
reclaims |
— |
— |
— |
13,523 |
Securities
lending income (See
Note 2.C.) |
69,630 |
54,249 |
— |
— |
Variation
margin on futures contracts |
— |
7,028 |
— |
— |
Total
Assets |
1,428,228,546 |
506,418,792 |
20,950,649 |
19,568,450 |
LIABILITIES: |
|
|
|
|
Payables: |
|
|
|
|
Due
to custodian |
— |
— |
90 |
— |
Collateral
received on securities loaned (See
Note 2.C.) |
37,583,866 |
11,621,701 |
— |
— |
Variation
margin on futures contracts |
1,920 |
— |
321 |
— |
Accrued
liabilities: |
|
|
|
|
Management
fees (See
Note 3.A.) |
78,414 |
34,831 |
2,557 |
7,764 |
Total
Liabilities |
37,664,200 |
11,656,532 |
2,968 |
7,764 |
Net
Assets |
$1,390,564,346 |
$494,762,260 |
$20,947,681 |
$19,560,686 |
NET
ASSETS: |
|
|
|
|
Paid-in-Capital |
$1,630,072,131 |
$595,592,815 |
$22,379,908 |
$26,388,065 |
Total
distributable earnings (loss) |
(239,507,785) |
(100,830,555) |
(1,432,227) |
(6,827,379) |
Total
Net Assets |
$1,390,564,346 |
$494,762,260 |
$20,947,681 |
$19,560,686 |
Outstanding
number of shares
(unlimited
number of shares authorized - par value $0.0001) |
18,775,000 |
9,050,000 |
400,000 |
550,000 |
Net
asset value, per share |
$74.06 |
$54.67 |
$52.37 |
$35.56 |
Cost
of investments in non-affiliates |
$1,463,806,734 |
$543,796,972
|
$20,936,668 |
$23,170,856 |
Cost
of investments in affiliates |
7,709,091 |
8,224,756 |
31,835 |
— |
Cost
of foreign currency |
— |
— |
— |
103,319 |
Investment
securities on loan, at value (See
Note 2.C.) |
36,819,568 |
11,082,834 |
— |
— |
Cost
of investment of cash collateral (See
Note 2.C.) |
37,581,419 |
11,617,499 |
— |
— |
218
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
Diversified
Return
Emerging
Markets
Equity
ETF |
JPMorgan
Diversified
Return
International
Equity
ETF |
JPMorgan
Diversified
Return
U.S.
Equity
ETF |
JPMorgan
Diversified
Return
U.S. Mid
Cap
Equity ETF |
ASSETS: |
|
|
|
|
Investments
in non-affiliates, at value |
$163,499,769 |
$666,799,101 |
$506,039,431 |
$266,632,252 |
Investments
in affiliates, at value |
— |
569,398 |
1,020,750 |
414,054 |
Investments
of cash collateral received from securities loaned, at
value (See
Note 2.C.) |
182,157 |
4,048,549 |
391,875 |
— |
Restricted
Cash |
412,534 |
— |
— |
— |
Cash |
1,365,692 |
— |
1,063 |
1,246 |
Foreign
currency, at value |
— |
115,596 |
— |
— |
Deposits
at broker for futures contracts |
8,721 |
181,652 |
77,300 |
134,000 |
Segregated
cash balance with Authorized Participant for deposit
securities |
1,776,419 |
— |
— |
— |
Receivables: |
|
|
|
|
Due
from custodian |
42,938 |
— |
— |
— |
Investment
securities sold |
106,061 |
505,796 |
— |
— |
Fund
shares sold |
11,057 |
— |
— |
— |
Dividends
from non-affiliates |
188,909 |
2,751,494 |
1,016,433 |
389,836 |
Dividends
from affiliates |
— |
50 |
80 |
32 |
Tax
reclaims |
5,401 |
972,189 |
— |
— |
Securities
lending income (See
Note 2.C.) |
70 |
9,025 |
430 |
179 |
Variation
margin on futures contracts |
— |
2,894 |
— |
1,065 |
Due
from Authorized Participant |
1,191,497 |
— |
— |
— |
Total
Assets |
168,791,225 |
675,955,744 |
508,547,362 |
267,572,664 |
LIABILITIES: |
|
|
|
|
Payables: |
|
|
|
|
Due
to Authorized Participant |
412,534 |
— |
— |
— |
Due
to custodian |
— |
637,886 |
— |
— |
Foreign
currency due to custodian, at value |
80,793 |
— |
— |
— |
Investment
securities purchased |
1,907,520 |
— |
793,348 |
— |
Collateral
received on securities loaned (See
Note 2.C.) |
182,157 |
4,048,549 |
391,875 |
— |
Variation
margin on futures contracts |
452 |
— |
5,662 |
— |
Collateral
upon return of deposit securities |
1,776,419 |
— |
— |
— |
Accrued
liabilities: |
|
|
|
|
Management
fees (See
Note 3.A.) |
55,635 |
207,169 |
74,024 |
52,134 |
Deferred
foreign capital gains tax |
449,489 |
— |
— |
— |
Total
Liabilities |
4,864,999 |
4,893,604 |
1,264,909 |
52,134 |
Net
Assets |
$163,926,226
|
$671,062,140 |
$507,282,453
|
$267,520,530 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
219
|
|
JPMorgan
Diversified
Return
Emerging
Markets
Equity
ETF |
JPMorgan
Diversified
Return
International
Equity
ETF |
JPMorgan
Diversified
Return
U.S.
Equity
ETF |
JPMorgan
Diversified
Return
U.S. Mid
Cap
Equity ETF |
NET
ASSETS: |
|
|
|
|
Paid-in-Capital |
$211,647,416 |
$947,961,624 |
$506,324,324 |
$271,219,640 |
Total
distributable earnings (loss) |
(47,721,190) |
(276,899,484) |
958,129 |
(3,699,110) |
Total
Net Assets |
$163,926,226
|
$671,062,140 |
$507,282,453
|
$267,520,530 |
Outstanding
number of shares
(unlimited
number of shares authorized - par value $0.0001) |
3,600,000 |
15,100,000 |
5,400,000 |
3,200,000 |
Net
asset value, per share |
$45.54 |
$44.44 |
$93.94 |
$83.60 |
Cost
of investments in non-affiliates |
$175,358,922 |
$806,370,835
|
$470,387,088 |
$257,200,919 |
Cost
of investments in affiliates |
— |
569,430 |
1,020,750 |
414,054 |
Cost
of foreign currency |
— |
116,054 |
— |
— |
Investment
securities on loan, at value (See
Note 2.C.) |
160,016 |
3,818,777 |
380,385 |
— |
Cost
of investment of cash collateral (See
Note 2.C.) |
182,157 |
4,047,394 |
391,775 |
— |
220
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
Diversified
Return
U.S. Small
Cap
Equity ETF |
JPMorgan
International
Growth
ETF |
JPMorgan
U.S.
Momentum
Factor
ETF |
ASSETS: |
|
|
|
Investments
in non-affiliates, at value |
$286,494,163 |
$52,412,025 |
$228,793,910 |
Investments
in affiliates, at value |
325,140 |
2,455,095 |
340,337 |
Investments
of cash collateral received from securities loaned, at value (See
Note 2.C.) |
22,245,259 |
749,113 |
1,131,417 |
Cash |
3,248 |
46,842 |
7,745 |
Foreign
currency, at value |
— |
1,207 |
— |
Deposits
at broker for futures contracts |
16,500 |
— |
19,000 |
Receivables: |
|
|
|
Fund
shares sold |
— |
— |
1,911,026 |
Dividends
from non-affiliates |
135,493 |
24,657 |
176,083 |
Dividends
from affiliates |
25 |
192 |
27 |
Tax
reclaims |
— |
66,912 |
— |
Securities
lending income (See
Note 2.C.) |
21,399 |
— |
3,488 |
Variation
margin on futures contracts |
222 |
— |
— |
Total
Assets |
309,241,449 |
55,756,043 |
232,383,033 |
LIABILITIES: |
|
|
|
Payables: |
|
|
|
Investment
securities purchased |
— |
— |
1,903,954 |
Collateral
received on securities loaned (See
Note 2.C.) |
22,245,259 |
749,113 |
1,131,417 |
Variation
margin on futures contracts |
— |
— |
2,658 |
Accrued
liabilities: |
|
|
|
Management
fees (See
Note 3.A.) |
63,193 |
24,825 |
21,886 |
Total
Liabilities |
22,308,452 |
773,938 |
3,059,915 |
Net
Assets |
$286,932,997 |
$54,982,105 |
$229,323,118 |
NET
ASSETS: |
|
|
|
Paid-in-Capital |
$311,443,842 |
$73,264,362 |
$266,750,790 |
Total
distributable earnings (loss) |
(24,510,845) |
(18,282,257) |
(37,427,672) |
Total
Net Assets |
$286,932,997 |
$54,982,105 |
$229,323,118 |
Outstanding
number of shares
(unlimited
number of shares authorized - par value $0.0001) |
7,200,000 |
1,150,000 |
6,000,000 |
Net
asset value, per share |
$39.85 |
$47.81 |
$38.22 |
Cost
of investments in non-affiliates |
$290,344,602 |
$61,114,176 |
$241,340,048 |
Cost
of investments in affiliates |
325,140 |
2,455,095 |
340,337 |
Cost
of foreign currency |
— |
1,207 |
— |
Investment
securities on loan, at value (See
Note 2.C.) |
21,395,218 |
704,050 |
1,103,874 |
Cost
of investment of cash collateral (See
Note 2.C.) |
22,242,620 |
749,113 |
1,131,417 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
221
|
|
JPMorgan
U.S.
Quality
Factor
ETF |
JPMorgan
U.S.
Value
Factor
ETF |
ASSETS: |
|
|
Investments
in non-affiliates, at value |
$578,362,907 |
$443,124,575 |
Investments
in affiliates, at value |
785,535 |
377,263 |
Investments
of cash collateral received from securities loaned, at value (See
Note 2.C.) |
20,186,790 |
920,092 |
Cash |
17,917 |
10,158 |
Deposits
at broker for futures contracts |
50,000 |
20,000 |
Receivables: |
|
|
Investment
securities sold |
3,801,101 |
— |
Fund
shares sold |
80 |
— |
Dividends
from non-affiliates |
577,630 |
600,523 |
Dividends
from affiliates |
61 |
30 |
Securities
lending income (See
Note 2.C.) |
10,621 |
51 |
Total
Assets |
603,792,642 |
445,052,692 |
LIABILITIES: |
|
|
Payables: |
|
|
Collateral
received on securities loaned (See
Note 2.C.) |
20,186,790 |
920,092 |
Fund
shares redeemed |
3,814,001 |
— |
Variation
margin on futures contracts |
7,006 |
2,887 |
Accrued
liabilities: |
|
|
Management
fees (See
Note 3.A.) |
56,738 |
45,993 |
Total
Liabilities |
24,064,535 |
968,972 |
Net
Assets |
$579,728,107
|
$444,083,720 |
NET
ASSETS: |
|
|
Paid-in-Capital |
$632,132,980 |
$545,723,402 |
Total
distributable earnings (loss) |
(52,404,873) |
(101,639,682) |
Total
Net Assets |
$579,728,107
|
$444,083,720 |
Outstanding
number of shares
(unlimited
number of shares authorized - par value $0.0001) |
15,200,000 |
13,500,000 |
Net
asset value, per share |
$38.14 |
$32.90 |
Cost
of investments in non-affiliates |
$594,885,184 |
$489,954,879 |
Cost
of investments in affiliates |
785,535 |
377,263 |
Investment
securities on loan, at value (See
Note 2.C.) |
19,486,422 |
904,560 |
Cost
of investment of cash collateral (See
Note 2.C.) |
20,186,590 |
919,884 |
222
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
ActiveBuilders
Emerging
Markets
Equity
ETF
|
JPMorgan
ActiveBuilders
International
Equity
ETF
|
JPMorgan
BetaBuilders
Canada
ETF
|
JPMorgan
BetaBuilders
Developed
Asia
Pacific
ex-Japan ETF
(formerly
known as
JPMorgan
BetaBuilders
Developed
Asia ex-Japan
ETF)
|
INVESTMENT
INCOME: |
|
|
|
|
Interest
income from non-affiliates |
$— |
$168 |
$27,013 |
$5,403 |
Interest
income from affiliates |
60,658 |
122 |
931 |
2,737 |
Dividend
income from non-affiliates |
27,888,599 |
871,094 |
192,971,017 |
177,537,619 |
Dividend
income from affiliates |
81,456 |
3,898 |
— |
— |
Income
from securities lending (net) (See
Note 2.C.) |
4,321 |
379 |
2,045,993 |
329,402 |
Foreign
taxes withheld (net) |
(3,011,928) |
(98,191) |
(27,021,359) |
(1,416,733) |
Total
investment income |
25,023,106 |
777,470 |
168,023,595 |
176,458,428 |
EXPENSES: |
|
|
|
|
Management
fees (See
Note 3.A.) |
2,427,172 |
63,496 |
11,811,284 |
7,680,737 |
Interest
expense to non-affiliates |
— |
— |
999 |
7,292 |
Interest
expense to affiliates |
4,217 |
73 |
1,829 |
1,300 |
Other |
35,544 |
— |
303,625 |
270,321 |
Total
expenses |
2,466,933 |
63,569 |
12,117,737 |
7,959,650 |
Net
investment income (loss) |
22,556,173 |
713,901 |
155,905,858 |
168,498,778 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
|
|
Net
realized gain (loss) on transactions from: |
|
|
|
|
Investments
in non-affiliates |
(62,465,593)(a) |
(1,852,341) |
(66,786,615) |
(137,713,944) |
Investments
in affiliates |
(373) |
— |
— |
— |
In-kind
redemptions of investments in
non-affiliates (See
Note 4) |
— |
— |
88,368,918 |
41,320,716 |
Futures
contracts |
— |
— |
(1,046,309) |
(1,782,087) |
Foreign
currency transactions |
(727,250) |
(28,604) |
(3,984,590) |
(3,803,433) |
Net
realized gain (loss) |
(63,193,216) |
(1,880,945) |
16,551,404 |
(101,978,748) |
Change
in net unrealized appreciation/depreciation on: |
|
|
|
|
Investments
in non-affiliates |
(276,742,521)(b) |
(5,503,588) |
(1,077,058,793) |
(907,434,455) |
Investments
in affiliates |
(227) |
— |
— |
33 |
Futures
contracts |
— |
— |
(344,300) |
338,478 |
Foreign
currency translations |
(5,940) |
(3,068) |
(465,732) |
(413,985) |
Change
in net unrealized appreciation/depreciation |
(276,748,688) |
(5,506,656) |
(1,077,868,825) |
(907,509,929) |
Net
realized/unrealized gains (losses) |
(339,941,904) |
(7,387,601) |
(1,061,317,421) |
(1,009,488,677) |
Change
in net assets resulting from operations |
$(317,385,731) |
$(6,673,700) |
$(905,411,563) |
$(840,989,899) |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
223
|
|
JPMorgan
BetaBuilders
Europe
ETF
|
JPMorgan
BetaBuilders
International
Equity
ETF
|
JPMorgan
BetaBuilders
Japan
ETF
|
JPMorgan
BetaBuilders
U.S.
Equity ETF
|
INVESTMENT
INCOME: |
|
|
|
|
Interest
income from non-affiliates |
$47,925 |
$— |
$— |
$2,449 |
Interest
income from affiliates |
8,350 |
1,904 |
96 |
2 |
Dividend
income from non-affiliates |
284,662,750 |
98,578,610 |
180,557,400 |
15,235,482 |
Dividend
income from affiliates |
— |
100,094 |
— |
395,734 |
Income
from securities lending (net) (See
Note 2.C.) |
2,164,320 |
448,518 |
385,878 |
42,995 |
Foreign
taxes withheld (net) |
(31,402,169) |
(8,809,161) |
(18,053,827) |
— |
Total
investment income |
255,481,176 |
90,319,965 |
162,889,547 |
15,676,662 |
EXPENSES: |
|
|
|
|
Management
fees (See
Note 3.A.) |
6,656,195 |
2,134,418 |
13,462,470 |
205,372 |
Interest
expense to non-affiliates |
55,255 |
476 |
11,019 |
411 |
Interest
expense to affiliates |
112,433 |
5,701 |
48,157 |
— |
Other |
255,369 |
26,270 |
288,061 |
46,909 |
Total
expenses |
7,079,252 |
2,166,865 |
13,809,707 |
252,692 |
Net
investment income (loss) |
248,401,924 |
88,153,100 |
149,079,840 |
15,423,970 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
|
|
Net
realized gain (loss) on transactions from: |
|
|
|
|
Investments
in non-affiliates |
(156,516,517) |
(42,121,253) |
(172,460,993) |
(16,948,055) |
Investments
in affiliates |
— |
— |
— |
(202,749) |
In-kind
redemptions of investments in
non-affiliates (See
Note 4) |
(116,270,725) |
61,552,036 |
112,138,563 |
22,359,482 |
In-kind
redemptions of investments in affiliates (See
Note
4) |
— |
— |
— |
81,559 |
Futures
contracts |
2,729,355 |
(4,500,683) |
(5,282,016) |
(803,039) |
Foreign
currency transactions |
(6,001,490) |
(1,759,695) |
(14,486,441) |
— |
Net
realized gain (loss) |
(276,059,377) |
13,170,405 |
(80,090,887) |
4,487,198 |
Change
in net unrealized appreciation/depreciation on: |
|
|
|
|
Investments
in non-affiliates |
(1,623,647,591) |
(891,549,995) |
(2,110,899,231) |
(201,560,235) |
Investments
in affiliates |
8,328 |
(98) |
— |
(2,675,749) |
Futures
contracts |
(663,360) |
(746,228) |
2,783,985 |
(186,674) |
Foreign
currency translations |
(1,856,185) |
(434,633) |
(691,470) |
— |
Change
in net unrealized appreciation/depreciation |
(1,626,158,808) |
(892,730,954) |
(2,108,806,716) |
(204,422,658) |
Net
realized/unrealized gains (losses) |
(1,902,218,185) |
(879,560,549) |
(2,188,897,603) |
(199,935,460) |
Change
in net assets resulting from operations |
$(1,653,816,261) |
$(791,407,449) |
$(2,039,817,763) |
$(184,511,490) |
224
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
BetaBuilders
U.S.
Mid
Cap Equity
ETF
|
JPMorgan
BetaBuilders
U.S.
Small
Cap
Equity
ETF
|
JPMorgan
Carbon
Transition
U.S.
Equity
ETF
|
JPMorgan
Climate
Change Solutions
ETF (a) |
INVESTMENT
INCOME: |
|
|
|
|
Interest
income from non-affiliates |
$9,093 |
$5,423 |
$80 |
$1 |
Interest
income from affiliates |
45 |
32 |
— |
209 |
Dividend
income from non-affiliates |
19,151,981 |
5,700,645 |
344,200 |
308,849 |
Dividend
income from affiliates |
108,633 |
71,850 |
285 |
19 |
Non-cash
dividend income from non-affiliates |
— |
— |
— |
43,477 |
Income
from securities lending (net) (See
Note 2.C.) |
882,619 |
766,673 |
— |
— |
Foreign
taxes withheld (net) |
— |
— |
— |
(25,290) |
Total
investment income |
20,152,371 |
6,544,623 |
344,565 |
327,265 |
EXPENSES: |
|
|
|
|
Management
fees (See
Note 3.A.) |
1,028,162 |
403,474 |
33,879 |
91,152 |
Interest
expense to non-affiliates |
1,267 |
731 |
— |
— |
Interest
expense to affiliates |
— |
— |
— |
35 |
Other |
— |
— |
69 |
— |
Total
expenses |
1,029,429 |
404,205 |
33,948 |
91,187 |
Net
investment income (loss) |
19,122,942 |
6,140,418 |
310,617 |
236,078 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
|
|
Net
realized gain (loss) on transactions from: |
|
|
|
|
Investments
in non-affiliates |
(150,126,407) |
(36,518,474) |
(1,365,090) |
(3,152,463) |
Investments
in affiliates |
— |
— |
— |
(24) |
In-kind
redemptions of investments in non-affiliates (See
Note 4) |
152,112,852 |
23,612,174 |
1,957,290 |
— |
Futures
contracts |
(1,640,292) |
(1,267,262) |
(6,573) |
— |
Foreign
currency transactions |
(9) |
— |
— |
(379) |
Net
realized gain (loss) |
346,144 |
(14,173,562) |
585,627 |
(3,152,866) |
Distribution
of capital gains received from investment company
affiliates |
604 |
— |
— |
— |
Change
in net unrealized appreciation/depreciation on: |
|
|
|
|
Investments
in non-affiliates |
(351,000,265) |
(78,910,661) |
(4,502,326) |
(3,894,165) |
Investments
in affiliates |
2,447 |
4,202 |
— |
— |
Futures
contracts |
317,400 |
149,018 |
789 |
— |
Foreign
currency translations |
— |
— |
— |
(1,138) |
Change
in net unrealized appreciation/depreciation |
(350,680,418) |
(78,757,441) |
(4,501,537) |
(3,895,303) |
Net
realized/unrealized gains (losses) |
(350,333,670) |
(92,931,003) |
(3,915,910) |
(7,048,169) |
Change
in net assets resulting from operations |
$(331,210,728) |
$(86,790,585) |
$(3,605,293) |
$(6,812,091)
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
225
|
|
JPMorgan
Diversified
Return
Emerging
Markets
Equity
ETF
|
JPMorgan
Diversified
Return
International
Equity
ETF
|
JPMorgan
Diversified
Return
U.S.
Equity
ETF
|
JPMorgan
Diversified
Return
U.S. Mid Cap
Equity ETF
|
INVESTMENT
INCOME: |
|
|
|
|
Interest
income from non-affiliates |
$1,060 |
$516,165 |
$519 |
$706 |
Interest
income from affiliates |
404 |
453 |
2 |
— |
Dividend
income from non-affiliates |
8,501,696 |
31,737,433 |
13,689,899 |
5,063,665 |
Dividend
income from affiliates |
254 |
14,936 |
8,370 |
4,349 |
Income
from securities lending (net) (See
Note 2.C.) |
3,790 |
131,625 |
14,230 |
8,520 |
Foreign
taxes withheld (net) |
(896,025) |
(1,954,164) |
— |
— |
Total
investment income |
7,611,179 |
30,446,448 |
13,713,020 |
5,077,240 |
EXPENSES: |
|
|
|
|
Management
fees (See
Note 3.A.) |
722,512 |
2,840,842 |
1,045,759 |
590,788 |
Interest
expense to non-affiliates |
— |
488 |
206 |
— |
Interest
expense to affiliates |
2 |
603 |
— |
— |
Other |
6,686 |
22,177 |
9,052 |
8,271 |
Total
expenses |
729,200 |
2,864,110 |
1,055,017 |
599,059 |
Net
investment income (loss) |
6,881,979 |
27,582,338 |
12,658,003 |
4,478,181 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
|
|
Net
realized gain (loss) on transactions from: |
|
|
|
|
Investments
in non-affiliates |
(3,093,571)(a) |
(27,132,526) |
(3,898,598) |
(898,890) |
Investments
in affiliates |
— |
(1,334) |
— |
— |
In-kind
redemptions of investments in non-affiliates (See
Note
4) |
644,094 |
1,329,604 |
94,669,238 |
21,537,344 |
Futures
contracts |
(87,698) |
(1,638,676) |
(95,441) |
(65,144) |
Foreign
currency transactions |
40,355 |
(816,462) |
— |
— |
Net
realized gain (loss) |
(2,496,820) |
(28,259,394) |
90,675,199 |
20,573,310 |
Distribution
of capital gains received from investment company
affiliates |
— |
42 |
— |
— |
Change
in net unrealized appreciation/depreciation on: |
|
|
|
|
Investments
in non-affiliates |
(31,021,174)(b) |
(198,811,980) |
(128,749,913) |
(45,504,507) |
Investments
in affiliates |
— |
1,123 |
100 |
20 |
Futures
contracts |
4,805 |
30,358 |
(3,974) |
36,921 |
Foreign
currency translations |
(47,210) |
(125,756) |
(1) |
— |
Change
in net unrealized appreciation/depreciation |
(31,063,579) |
(198,906,255) |
(128,753,788) |
(45,467,566) |
Net
realized/unrealized gains (losses) |
(33,560,399) |
(227,165,607) |
(38,078,589) |
(24,894,256) |
Change
in net assets resulting from operations |
$(26,678,420) |
$(199,583,269) |
$(25,420,586) |
$(20,416,075) |
226
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
Diversified
Return
U.S. Small
Cap
Equity ETF
|
JPMorgan
International
Growth
ETF
|
JPMorgan
U.S.
Momentum
Factor
ETF
|
INVESTMENT
INCOME: |
|
|
|
Interest
income from non-affiliates |
$552 |
$238 |
$231 |
Interest
income from affiliates |
2 |
21 |
— |
Dividend
income from non-affiliates |
3,682,416 |
837,258 |
3,090,293 |
Dividend
income from affiliates |
6,683 |
11,767 |
3,767 |
Income
from securities lending (net) (See
Note 2.C.) |
176,868 |
42 |
48,771 |
Foreign
taxes withheld (net) |
— |
(71,527) |
— |
Total
investment income |
3,866,521 |
777,799 |
3,143,062 |
EXPENSES: |
|
|
|
Management
fees (See
Note 3.A.) |
606,846 |
326,344 |
283,720 |
Interest
expense to affiliates |
— |
117 |
— |
Other |
7,464 |
2,468 |
7,584 |
Total
expenses |
614,310 |
328,929 |
291,304 |
Net
investment income (loss) |
3,252,211 |
448,870 |
2,851,758 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
|
Net
realized gain (loss) on transactions from: |
|
|
|
Investments
in non-affiliates |
(10,113,699) |
(9,916,696) |
(20,554,497) |
In-kind
redemptions of investments in non-affiliates (See
Note 4) |
15,327,118 |
904,212 |
26,744,128 |
Futures
contracts |
(252,581) |
— |
27,810 |
Foreign
currency transactions |
— |
(9,929) |
— |
Net
realized gain (loss) |
4,960,838 |
(9,022,413) |
6,217,441 |
Change
in net unrealized appreciation/depreciation on: |
|
|
|
Investments
in non-affiliates |
(31,229,191) |
(19,652,010) |
(61,409,052) |
Investments
in affiliates |
2,639 |
— |
— |
Futures
contracts |
6,465 |
— |
18,123 |
Foreign
currency translations |
— |
(7,282) |
— |
Change
in net unrealized appreciation/depreciation |
(31,220,087) |
(19,659,292) |
(61,390,929) |
Net
realized/unrealized gains (losses) |
(26,259,249) |
(28,681,705) |
(55,173,488) |
Change
in net assets resulting from operations |
$(23,007,038) |
$(28,232,835) |
$(52,321,730)
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
227
|
|
JPMorgan
U.S.
Quality
Factor
ETF
|
JPMorgan
U.S.
Value
Factor
ETF
|
INVESTMENT
INCOME: |
|
|
Interest
income from non-affiliates |
$517 |
$729 |
Interest
income from affiliates |
1 |
— |
Dividend
income from non-affiliates |
7,923,631 |
12,268,833 |
Dividend
income from affiliates |
9,184 |
11,844 |
Income
from securities lending (net) (See
Note 2.C.) |
73,071 |
8,551 |
Total
investment income |
8,006,404 |
12,289,957 |
EXPENSES: |
|
|
Management
fees (See
Note 3.A.) |
545,487 |
614,120 |
Other |
10,244 |
6,184 |
Total
expenses |
555,731 |
620,304 |
Net
investment income (loss) |
7,450,673 |
11,669,653 |
REALIZED/UNREALIZED
GAINS (LOSSES): |
|
|
Net
realized gain (loss) on transactions from: |
|
|
Investments
in non-affiliates |
(28,501,135) |
(33,885,570) |
In-kind
redemptions of investments in non-affiliates (See
Note 4) |
50,386,054 |
21,908,154 |
Futures
contracts |
(225,047) |
(340,912) |
Net
realized gain (loss) |
21,659,872 |
(12,318,328) |
Distribution
of capital gains received from investment company
affiliates |
— |
74 |
Change
in net unrealized appreciation/depreciation on: |
|
|
Investments
in non-affiliates |
(80,852,731) |
(55,813,717) |
Investments
in affiliates |
200 |
208 |
Futures
contracts |
39,537 |
(4,290) |
Change
in net unrealized appreciation/depreciation |
(80,812,994) |
(55,817,799) |
Net
realized/unrealized gains (losses) |
(59,153,122) |
(68,136,053) |
Change
in net assets resulting from operations |
$(51,702,449) |
$(56,466,400) |
228
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
ActiveBuilders
Emerging
Markets Equity
ETF |
JPMorgan
ActiveBuilders
International
Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Period
Ended
October
31, 2021 (a) |
Year
Ended
October
31, 2022
|
Period
Ended October
31, 2021 (b) |
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$22,556,173 |
$2,679,156 |
$713,901 |
$203,012 |
Net
realized gain (loss) |
(63,193,216) |
(593,949) |
(1,880,945) |
(69,347) |
Change
in net unrealized appreciation/depreciation |
(276,748,688) |
(12,896,276) |
(5,506,656) |
496,351 |
Change
in net assets resulting from operations |
(317,385,731) |
(10,811,069) |
(6,673,700) |
630,016 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(5,165,856) |
— |
(319,380) |
— |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
903,841,753 |
336,675,029 |
— |
28,789,940 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
581,290,166 |
325,863,960 |
(6,993,080) |
29,419,956 |
Beginning
of period |
325,863,960 |
— |
29,419,956 |
— |
End
of period |
$907,154,126 |
$325,863,960 |
$22,426,876 |
$29,419,956 |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$903,841,753 |
$336,675,029 |
$— |
$28,789,940 |
Total
change in net assets resulting from capital
transactions |
$903,841,753 |
$336,675,029 |
$— |
$28,789,940 |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
22,400,000 |
6,800,000 |
— |
600,000 |
Net
increase (decrease) in shares from share
transactions |
22,400,000 |
6,800,000 |
— |
600,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
229
|
|
JPMorgan
BetaBuilders
Canada
ETF |
JPMorgan
BetaBuilders Developed
Asia
Pacific ex-Japan ETF (formerly
known
as JPMorgan BetaBuilders
Developed
Asia ex-Japan ETF) | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$155,905,858 |
$116,418,038 |
$168,498,778 |
$145,165,781 |
Net
realized gain (loss) |
16,551,404 |
55,416,108 |
(101,978,748) |
(6,954,174) |
Change
in net unrealized appreciation/depreciation |
(1,077,868,825) |
1,736,255,618 |
(907,509,929) |
397,969,872 |
Change
in net assets resulting from operations |
(905,411,563) |
1,908,089,764 |
(840,989,899) |
536,181,479 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(152,620,697) |
(113,624,161) |
(267,459,428) |
(130,441,819) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
631,036,936 |
636,591,756 |
407,341,684 |
2,241,407,993 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
(426,995,324) |
2,431,057,359 |
(701,107,643) |
2,647,147,653 |
Beginning
of period |
6,071,268,619 |
3,640,211,260 |
4,113,118,547 |
1,465,970,894 |
End
of period |
$5,644,273,295 |
$6,071,268,619 |
$3,412,010,904 |
$4,113,118,547
|
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$890,586,159 |
$758,394,817 |
$581,070,458 |
$2,313,974,196 |
Cost
of shares redeemed |
(259,549,223) |
(121,803,061) |
(173,728,774) |
(72,566,203) |
Total
change in net assets resulting from capital
transactions |
$631,036,936 |
$636,591,756 |
$407,341,684 |
$2,241,407,993
|
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
13,350,000 |
12,300,000(a) |
11,000,000 |
41,000,000(a) |
Redeemed |
(4,400,000) |
(1,901,089)(a) |
(3,500,000) |
(1,301,359)(a) |
Net
increase (decrease) in shares from share
transactions |
8,950,000 |
10,398,911 |
7,500,000 |
39,698,641 |
230
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
BetaBuilders
Europe
ETF |
JPMorgan
BetaBuilders
International
Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$248,401,924 |
$186,741,805 |
$88,153,100 |
$93,794,835 |
Net
realized gain (loss) |
(276,059,377) |
173,173,700 |
13,170,405 |
57,414,713 |
Change
in net unrealized appreciation/depreciation |
(1,626,158,808) |
1,265,712,790 |
(892,730,954) |
604,876,597 |
Change
in net assets resulting from operations |
(1,653,816,261) |
1,625,628,295 |
(791,407,449) |
756,086,145 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(309,349,480) |
(162,749,406) |
(124,967,513) |
(83,978,586) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
(3,936,599,878) |
4,263,568,980 |
(53,668,198) |
1,141,362,817 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
(5,899,765,619) |
5,726,447,869 |
(970,043,160) |
1,813,470,376 |
Beginning
of period |
9,427,453,378 |
3,701,005,509 |
3,680,140,678 |
1,866,670,302 |
End
of period |
$3,527,687,759 |
$9,427,453,378 |
$2,710,097,518 |
$3,680,140,678
|
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$3,919,047,179 |
$5,534,506,823 |
$275,139,027 |
$1,372,694,023 |
Cost
of shares redeemed |
(7,855,647,057) |
(1,270,937,843) |
(328,807,225) |
(231,331,206) |
Total
change in net assets resulting from capital
transactions |
$(3,936,599,878) |
$4,263,568,980 |
$(53,668,198) |
$1,141,362,817
|
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
78,900,000 |
96,500,000(a) |
5,800,000 |
24,400,000 |
Redeemed |
(155,800,000) |
(24,200,404)(a) |
(6,000,000) |
(4,000,000) |
Net
increase (decrease) in shares from share
transactions |
(76,900,000) |
72,299,596 |
(200,000) |
20,400,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
231
|
|
JPMorgan
BetaBuilders
Japan
ETF |
JPMorgan
BetaBuilders
U.S.
Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$149,079,840 |
$147,334,454 |
$15,423,970 |
$6,535,651 |
Net
realized gain (loss) |
(80,090,887) |
467,914,152 |
4,487,198 |
15,444,975 |
Change
in net unrealized appreciation/depreciation |
(2,108,806,716) |
440,258,321 |
(204,422,658) |
123,924,342 |
Change
in net assets resulting from operations |
(2,039,817,763) |
1,055,506,927 |
(184,511,490) |
145,904,968 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(220,078,396) |
(70,569,312) |
(14,262,272) |
(5,799,680) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
606,595,869 |
1,556,564,791 |
692,691,398 |
404,128,109 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
(1,653,300,290) |
2,541,502,406 |
493,917,636 |
544,233,397 |
Beginning
of period |
7,864,537,853 |
5,323,035,447 |
782,605,972 |
238,372,575 |
End
of period |
$6,211,237,563 |
$7,864,537,853 |
$1,276,523,608 |
$782,605,972 |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$1,208,227,460 |
$3,261,931,039 |
$768,415,533 |
$453,678,097 |
Cost
of shares redeemed |
(601,631,591) |
(1,705,366,248) |
(75,724,135) |
(49,549,988) |
Total
change in net assets resulting from capital
transactions |
$606,595,869 |
$1,556,564,791 |
$692,691,398 |
$404,128,109 |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
23,400,000 |
57,400,000(a) |
10,150,000 |
6,000,000 |
Redeemed |
(12,000,000) |
(29,802,452)(a) |
(1,050,000) |
(700,000) |
Net
increase (decrease) in shares from share
transactions |
11,400,000 |
27,597,548 |
9,100,000 |
5,300,000 |
232
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
BetaBuilders U.S.
Mid
Cap Equity ETF |
JPMorgan
BetaBuilders U.S. Small
Cap
Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Period
Ended October
31, 2021 (a) |
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$19,122,942 |
$16,342,792 |
$6,140,418 |
$2,804,780 |
Net
realized gain (loss) |
346,144 |
191,521,497 |
(14,173,562) |
10,807,502 |
Distributions
of capital gains received from investment
company
affiliates |
604 |
— |
— |
— |
Change
in net unrealized appreciation/depreciation |
(350,680,418) |
308,087,619 |
(78,757,441) |
21,084,695 |
Change
in net assets resulting from operations |
(331,210,728) |
515,951,908 |
(86,790,585) |
34,696,977 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(18,142,752) |
(13,365,064) |
(6,135,146) |
(2,261,493) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
41,293,712 |
207,905,317 |
145,626,501 |
409,626,006 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
(308,059,768) |
710,492,161 |
52,700,770 |
442,061,490 |
Beginning
of period |
1,698,624,114 |
988,131,953 |
442,061,490 |
— |
End
of period |
$1,390,564,346 |
$1,698,624,114 |
$494,762,260 |
$442,061,490 |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$585,288,055 |
$1,062,480,424 |
$286,035,202 |
$537,840,503 |
Cost
of shares redeemed |
(543,994,343) |
(854,575,107) |
(140,408,701) |
(128,214,497) |
Total
change in net assets resulting from capital
transactions |
$41,293,712 |
$207,905,317 |
$145,626,501 |
$409,626,006 |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
7,100,000 |
12,750,000 |
4,900,000 |
8,500,000 |
Redeemed |
(6,475,000) |
(10,000,000) |
(2,400,000) |
(1,950,000) |
Net
increase (decrease) in shares from share
transactions |
625,000 |
2,750,000 |
2,500,000 |
6,550,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
233
|
|
JPMorgan
Carbon Transition
U.S.
Equity ETF |
JPMorgan
Climate
Change Solutions ETF | |
|
Year
Ended
October
31, 2022
|
Period
Ended
October
31, 2021 (a) |
Period
Ended October
31, 2022 (b) |
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
Net
investment income (loss) |
$310,617 |
$283,722 |
$236,078 |
Net
realized gain (loss) |
585,627 |
1,302,566 |
(3,152,866) |
Change
in net unrealized appreciation/depreciation |
(4,501,537) |
4,455,496 |
(3,895,303) |
Change
in net assets resulting from operations |
(3,605,293) |
6,041,784 |
(6,812,091) |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
Total
distributions to shareholders |
(316,660) |
(242,528) |
(15,288) |
CAPITAL
TRANSACTIONS: |
|
|
|
Change
in net assets resulting from capital transactions |
(63,760) |
19,134,138 |
26,388,065 |
NET
ASSETS: |
|
|
|
Change
in net assets |
(3,985,713) |
24,933,394 |
19,560,686 |
Beginning
of period |
24,933,394 |
— |
— |
End
of period |
$20,947,681 |
$24,933,394 |
$19,560,686 |
CAPITAL
TRANSACTIONS: |
|
|
|
Proceeds
from shares issued |
$11,343,556
|
$28,088,814 |
$26,388,065 |
Cost
of shares redeemed |
(11,407,316) |
(8,954,676) |
— |
Total
change in net assets resulting from capital
transactions |
$(63,760) |
$19,134,138 |
$26,388,065 |
SHARE
TRANSACTIONS: |
|
|
|
Issued |
200,000 |
550,000 |
550,000 |
Redeemed |
(200,000) |
(150,000) |
— |
Net
increase (decrease) in shares from share
transactions |
— |
400,000 |
550,000 |
234
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
Diversified Return
Emerging
Markets Equity ETF |
JPMorgan
Diversified Return
International
Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$6,881,979 |
$6,411,783 |
$27,582,338 |
$27,890,593 |
Net
realized gain (loss) |
(2,496,820) |
12,861,727 |
(28,259,394) |
48,317,967 |
Distributions
of capital gains received from investment company
affiliates |
— |
— |
42 |
— |
Change
in net unrealized appreciation/depreciation |
(31,063,579) |
35,165,878 |
(198,906,255) |
134,443,885 |
Change
in net assets resulting from operations |
(26,678,420) |
54,439,388 |
(199,583,269) |
210,652,445 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(8,578,159) |
(6,292,381) |
(41,010,274) |
(25,542,042) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
45,300,057 |
(108,024,401) |
69,639,461 |
(210,294,305) |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
10,043,478 |
(59,877,394) |
(170,954,082) |
(25,183,902) |
Beginning
of period |
153,882,748 |
213,760,142 |
842,016,222 |
867,200,124 |
End
of period |
$163,926,226 |
$153,882,748 |
$671,062,140 |
$842,016,222 |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$59,899,317 |
$— |
$80,575,234 |
$12,477,390 |
Cost
of shares redeemed |
(14,599,260) |
(108,024,401) |
(10,935,773) |
(222,771,695) |
Total
change in net assets resulting from capital
transactions |
$45,300,057 |
$(108,024,401) |
$69,639,461 |
$(210,294,305) |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
1,200,000 |
— |
1,500,000 |
200,000 |
Redeemed |
(300,000) |
(1,900,000) |
(200,000) |
(3,800,000) |
Net
increase (decrease) in shares from share
transactions |
900,000 |
(1,900,000) |
1,300,000 |
(3,600,000) |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
235
|
|
JPMorgan
Diversified Return
U.S.
Equity ETF |
JPMorgan
Diversified Return
U.S.
Mid Cap Equity ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$12,658,003 |
$12,226,454 |
$4,478,181 |
$3,862,473 |
Net
realized gain (loss) |
90,675,199 |
54,114,412 |
20,573,310 |
40,618,595 |
Change
in net unrealized appreciation/depreciation |
(128,753,788) |
144,832,764 |
(45,467,566) |
45,263,900 |
Change
in net assets resulting from operations |
(25,420,586) |
211,173,630 |
(20,416,075) |
89,744,968 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(12,386,546) |
(11,091,933) |
(4,185,258) |
(3,596,501) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
(164,922,989) |
(26,778,764) |
52,313,151 |
(66,547,601) |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
(202,730,121) |
173,302,933 |
27,711,818 |
19,600,866 |
Beginning
of period |
710,012,574 |
536,709,641 |
239,808,712 |
220,207,846 |
End
of period |
$507,282,453 |
$710,012,574 |
$267,520,530 |
$239,808,712
|
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$116,289,482 |
$90,741,445 |
$119,917,257 |
$41,422,965 |
Cost
of shares redeemed |
(281,212,471) |
(117,520,209) |
(67,604,106) |
(107,970,566) |
Total
change in net assets resulting from capital
transactions |
$(164,922,989) |
$(26,778,764) |
$52,313,151 |
$(66,547,601) |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
1,200,000 |
1,000,000 |
1,400,000 |
500,000 |
Redeemed |
(2,800,000) |
(1,300,000) |
(800,000) |
(1,300,000) |
Net
increase (decrease) in shares from share
transactions |
(1,600,000) |
(300,000) |
600,000 |
(800,000) |
236
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
Diversified Return
U.S.
Small Cap Equity ETF |
JPMorgan
International
Growth ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$3,252,211 |
$1,963,738 |
$448,870 |
$140,679 |
Net
realized gain (loss) |
4,960,838 |
34,553,371 |
(9,022,413) |
3,165,822 |
Change
in net unrealized appreciation/depreciation |
(31,220,087) |
42,626,246 |
(19,659,292) |
7,129,158 |
Change
in net assets resulting from operations |
(23,007,038) |
79,143,355 |
(28,232,835) |
10,435,659 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(2,874,215) |
(2,069,847) |
(823,639) |
(18,324) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
136,552,064 |
(49,484,147) |
22,746,629 |
13,086,957 |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
110,670,811 |
27,589,361 |
(6,309,845) |
23,504,292 |
Beginning
of period |
176,262,186 |
148,672,825 |
61,291,950 |
37,787,658 |
End
of period |
$286,932,997 |
$176,262,186 |
$54,982,105 |
$61,291,950 |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$185,306,143 |
$36,921,776
|
$29,268,696
|
$22,434,133 |
Cost
of shares redeemed |
(48,754,079) |
(86,405,923) |
(6,522,067) |
(9,347,176) |
Total
change in net assets resulting from capital
transactions |
$136,552,064 |
$(49,484,147) |
$22,746,629 |
$13,086,957 |
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
4,550,000 |
850,000 |
500,000 |
300,000 |
Redeemed |
(1,250,000) |
(2,100,000) |
(125,000) |
(125,000) |
Net
increase (decrease) in shares from share
transactions |
3,300,000 |
(1,250,000) |
375,000 |
175,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
237
|
|
JPMorgan
U.S.
Momentum Factor ETF |
JPMorgan
U.S.
Quality Factor ETF | ||
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
|
|
Net
investment income (loss) |
$2,851,758 |
$1,432,327 |
$7,450,673 |
$6,171,280 |
Net
realized gain (loss) |
6,217,441 |
30,365,700 |
21,659,872 |
78,968,597 |
Change
in net unrealized appreciation/depreciation |
(61,390,929) |
28,802,240 |
(80,812,994) |
47,024,395 |
Change
in net assets resulting from operations |
(52,321,730) |
60,600,267 |
(51,702,449) |
132,164,272 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
|
|
Total
distributions to shareholders |
(2,634,717) |
(1,301,587) |
(6,843,698) |
(6,236,190) |
CAPITAL
TRANSACTIONS: |
|
|
|
|
Change
in net assets resulting from capital transactions |
62,421,394 |
27,816,405 |
245,070,163 |
(117,395,200) |
NET
ASSETS: |
|
|
|
|
Change
in net assets |
7,464,947 |
87,115,085 |
186,524,016 |
8,532,882 |
Beginning
of period |
221,858,171 |
134,743,086 |
393,204,091 |
384,671,209 |
End
of period |
$229,323,118 |
$221,858,171 |
$579,728,107 |
$393,204,091
|
CAPITAL
TRANSACTIONS: |
|
|
|
|
Proceeds
from shares issued |
$162,800,375 |
$98,690,820
|
$519,385,603 |
$173,997,583 |
Cost
of shares redeemed |
(100,378,981) |
(70,874,415) |
(274,315,440) |
(291,392,783) |
Total
change in net assets resulting from capital
transactions |
$62,421,394 |
$27,816,405 |
$245,070,163 |
$(117,395,200)
|
SHARE
TRANSACTIONS: |
|
|
|
|
Issued |
3,750,000 |
2,300,000 |
13,150,000 |
4,500,000 |
Redeemed |
(2,400,000) |
(1,650,000) |
(7,000,000) |
(7,650,000) |
Net
increase (decrease) in shares from share
transactions |
1,350,000 |
650,000 |
6,150,000 |
(3,150,000) |
238
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
JPMorgan
U.S.
Value Factor ETF | |
|
Year
Ended
October
31, 2022
|
Year
Ended
October
31, 2021
|
CHANGE
IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|
Net
investment income (loss) |
$11,669,653 |
$11,282,222 |
Net
realized gain (loss) |
(12,318,328) |
73,664,284 |
Distributions
of capital gains received from investment company
affiliates |
74 |
— |
Change
in net unrealized appreciation/depreciation |
(55,817,799) |
11,907,585 |
Change
in net assets resulting from operations |
(56,466,400) |
96,854,091 |
DISTRIBUTIONS
TO SHAREHOLDERS: |
|
|
Total
distributions to shareholders |
(11,652,973) |
(9,906,929) |
CAPITAL
TRANSACTIONS: |
|
|
Change
in net assets resulting from capital transactions |
111,623,606 |
251,164,170 |
NET
ASSETS: |
|
|
Change
in net assets |
43,504,233 |
338,111,332 |
Beginning
of period |
400,579,487 |
62,468,155 |
End
of period |
$444,083,720 |
$400,579,487 |
CAPITAL
TRANSACTIONS: |
|
|
Proceeds
from shares issued |
$372,923,059 |
$1,140,325,211 |
Cost
of shares redeemed |
(261,299,453) |
(889,161,041) |
Total
change in net assets resulting from capital
transactions |
$111,623,606 |
$251,164,170 |
SHARE
TRANSACTIONS: |
|
|
Issued |
10,450,000 |
32,750,000 |
Redeemed |
(7,750,000) |
(24,450,000) |
Net
increase (decrease) in shares from share
transactions |
2,700,000 |
8,300,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
239
|
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income |
Net
realized
gain
|
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$47.92 |
$1.14 |
$(17.27) |
$(16.13) |
$(0.63) |
$(0.09) |
March
10, 2021 (f)
through October 31, 2021
|
48.00 |
0.66 |
(0.74) |
(0.08) |
— |
— |
JPMorgan
ActiveBuilders International Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
49.03 |
1.19 |
(12.31) |
(11.12) |
(0.53) |
— |
July
7, 2021 (f)
through October 31, 2021
|
48.00 |
0.35 |
0.68 |
1.03 |
— |
— |
JPMorgan
BetaBuilders Canada ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
67.80 |
1.59 |
(10.53) |
(8.94) |
(1.56) |
— |
Year
Ended October 31, 2021 (i) |
45.99 |
1.38 |
21.78 |
23.16 |
(1.35) |
— |
Year
Ended October 31, 2020 (i) |
49.78 |
1.29 |
(3.82) |
(2.53) |
(1.26) |
— |
Year
Ended October 31, 2019 (i) |
45.19 |
1.31 |
4.47 |
5.78 |
(1.19) |
— |
August
7, 2018 (f)
through October 31, 2018 (i) |
49.31 |
0.29 |
(4.31) |
(4.02) |
(0.10) |
— |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly
known
as JPMorgan BetaBuilders Developed Asia ex-Japan
ETF) |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
56.89 |
2.12 |
(12.86) |
(10.74) |
(3.39) |
— |
Year
Ended October 31, 2021 (i) |
44.97 |
2.44 |
11.48 |
13.92 |
(2.00) |
— |
Year
Ended October 31, 2020 (i) |
50.63 |
1.58 |
(5.65) |
(4.07) |
(1.59) |
— |
Year
Ended October 31, 2019 (i) |
45.36 |
2.10 |
5.17 |
7.27 |
(2.00) |
— |
August
7, 2018 (f)
through October 31, 2018 (i) |
50.73 |
0.44 |
(5.48) |
(5.04) |
(0.33) |
— |
JPMorgan
BetaBuilders Europe ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
59.74 |
1.78 |
(15.31) |
(13.53) |
(2.60) |
— |
Year
Ended October 31, 2021 (i) |
43.29 |
1.67 |
16.19 |
17.86 |
(1.41) |
— |
Year
Ended October 31, 2020 (i) |
48.71 |
1.08 |
(5.43) |
(4.35) |
(1.07) |
— |
Year
Ended October 31, 2019 (i) |
45.19 |
1.79 |
3.28 |
5.07 |
(1.55) |
— |
June
15, 2018 (f)
through October 31, 2018 (i) |
49.58 |
0.26 |
(4.58) |
(4.32) |
(0.07) |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Commencement
of operations. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Does
not include expenses of unaffiliated Underlying
Funds. |
(i) |
Per
share amounts reflects a 1:2 reverse stock split that occurred on April
12, 2021. See Note 1. |
(j) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(k) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
240
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ratios/Supplemental
data
| ||||||||
|
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Total
distributions
|
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
|
$(0.72) |
$31.07 |
$31.15 |
(34.15)% |
(34.32)% |
$907,154,126 |
0.33% |
3.05% |
0.33% |
28% |
— |
47.92 |
48.17 |
(0.17) |
0.35(g) |
325,863,960 |
0.30(h) |
2.11 |
0.33(h) |
40 |
|
|
|
|
|
|
|
|
|
|
(0.53) |
37.38 |
37.36 |
(22.91) |
(23.23) |
22,426,876 |
0.25 |
2.77 |
0.25 |
28 |
— |
49.03 |
49.21 |
2.15 |
2.52(g) |
29,419,956 |
0.25 |
2.23 |
0.25 |
9 |
|
|
|
|
|
|
|
|
|
|
(1.56) |
57.30 |
57.35 |
(13.34) |
(13.49) |
5,644,273,295 |
0.19 |
2.51 |
0.19 |
5 |
(1.35) |
67.80 |
67.98 |
50.77 |
50.84 |
6,071,268,619 |
0.19 |
2.28 |
0.19 |
2 |
(1.26) |
45.99 |
46.10 |
(4.98) |
(4.81) |
3,640,211,260 |
0.19 |
2.74 |
0.19 |
4 |
(1.19) |
49.78 |
49.80 |
13.08 |
12.97 |
3,800,754,020 |
0.19 |
2.73 |
0.34(j) |
7 |
(0.10) |
45.19 |
45.24 |
(8.18) |
(8.05)(g) |
2,044,698,826 |
0.19(k) |
2.55 |
0.37(j)(k) |
1 |
|
|
|
|
|
|
|
|
|
|
(3.39) |
42.76 |
42.79 |
(19.60) |
(19.87) |
3,412,010,904 |
0.20 |
4.17 |
0.20 |
14 |
(2.00) |
56.89 |
57.12 |
31.14 |
31.26 |
4,113,118,547 |
0.19 |
4.26 |
0.19 |
6 |
(1.59) |
44.97 |
45.10 |
(7.87) |
(7.45) |
1,465,970,894 |
0.19 |
3.40 |
0.19 |
6 |
(2.00) |
50.63 |
50.54 |
16.18 |
15.94 |
1,442,853,830 |
0.19 |
4.22 |
0.39(j) |
7 |
(0.33) |
45.36 |
45.38 |
(9.97) |
(9.93)(g) |
603,313,934 |
0.19(k) |
3.94 |
0.45(j)(k) |
2 |
|
|
|
|
|
|
|
|
|
|
(2.60) |
43.61 |
43.62 |
(23.01) |
(23.22) |
3,527,687,759 |
0.10 |
3.36 |
0.10 |
7 |
(1.41) |
59.74 |
59.92 |
41.54 |
41.77 |
9,427,453,378 |
0.09 |
2.92 |
0.09 |
6 |
(1.07) |
43.29 |
43.34 |
(8.92) |
(8.90) |
3,701,005,509 |
0.09 |
2.33 |
0.09 |
5 |
(1.55) |
48.71 |
48.78 |
11.43 |
11.32 |
3,853,145,624 |
0.09 |
3.83 |
0.25(j) |
7 |
(0.07) |
45.19 |
45.28 |
(8.75) |
(8.55)(g) |
1,314,930,292 |
0.09(k) |
1.45 |
0.34(j)(k) |
2 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
241
|
|
Per
share operating performance
| ||||
|
|
Investment
operations |
Distributions
| ||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income |
JPMorgan
BetaBuilders International Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
$60.53 |
$1.51 |
$(15.16) |
$(13.65) |
$(2.16) |
Year
Ended October 31, 2021
|
46.20 |
1.67 |
14.10 |
15.77 |
(1.44) |
December
3, 2019 (f)
through October 31, 2020
|
49.79 |
1.05 |
(4.26)(g) |
(3.21) |
(0.38) |
JPMorgan
BetaBuilders Japan ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
57.16 |
1.03 |
(14.91) |
(13.88) |
(1.59) |
Year
Ended October 31, 2021 (i) |
48.39 |
1.04 |
8.36 |
9.40 |
(0.63) |
Year
Ended October 31, 2020 (i) |
49.07 |
0.84 |
(0.39) |
0.45 |
(1.13) |
Year
Ended October 31, 2019 (i) |
45.45 |
0.97 |
2.93 |
3.90 |
(0.28) |
June
15, 2018 (f)
through October 31, 2018 (i) |
49.58 |
0.48 |
(4.61) |
(4.13) |
— |
JPMorgan
BetaBuilders U.S. Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
84.15 |
1.11 |
(14.86) |
(13.75) |
(1.02) |
Year
Ended October 31, 2021
|
59.59 |
1.02 |
24.48 |
25.50 |
(0.94) |
Year
Ended October 31, 2020
|
54.60 |
1.14 |
4.83 |
5.97 |
(0.98) |
March
12, 2019 (f)
through October 31, 2019
|
50.14 |
0.68 |
4.29 |
4.97 |
(0.51) |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
93.59 |
1.03 |
(19.57) |
(18.54) |
(0.99) |
Year
Ended October 31, 2021
|
64.16 |
0.90 |
29.27 |
30.17 |
(0.74) |
April
14, 2020 (f)
through October 31, 2020
|
50.78 |
0.33 |
13.32(g) |
13.65 |
(0.27) |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
67.49 |
0.77 |
(12.79) |
(12.02) |
(0.80) |
November
16, 2020 (f)
through October 31, 2021
|
51.27 |
0.62 |
16.04 |
16.66 |
(0.44) |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Commencement
of operations. |
(g) |
Calculation
of the net realized and unrealized gains (losses) per share do not
correlate with the Fund’s net realized and unrealized gains (losses)
presented in the
Statement
of Operations due to the timing of capital transactions in relation to the
fluctuating market values of the Fund’s
investments. |
(h) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(i) |
Per
share amounts reflects a 1:2 reverse stock split that occurred on April
12, 2021. See Note 1. |
(j) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(k) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
242
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$44.72 |
$44.75 |
(23.02)% |
(23.11)% |
$2,710,097,518 |
0.07% |
2.88% |
0.07% |
6% |
60.53 |
60.64 |
34.26 |
34.24 |
3,680,140,678 |
0.07 |
2.85 |
0.07 |
5 |
46.20 |
46.29 |
(6.45) |
(6.27)(h) |
1,866,670,302 |
0.07 |
2.40 |
0.07 |
8 |
|
|
|
|
|
|
|
|
|
41.69 |
41.73 |
(24.96) |
(24.95) |
6,211,237,563 |
0.19 |
2.10 |
0.19 |
4 |
57.16 |
57.21 |
19.47 |
18.98 |
7,864,537,853 |
0.19 |
1.83 |
0.19 |
3 |
48.39 |
48.64 |
0.87 |
1.24 |
5,323,035,447 |
0.19 |
1.77 |
0.19 |
5 |
49.07 |
49.14 |
8.74 |
9.07 |
4,318,521,919 |
0.19 |
2.14 |
0.33(j) |
4 |
45.45 |
45.36 |
(8.35) |
(8.51)(h) |
2,336,087,667 |
0.19(k) |
2.63 |
0.37(j)(k) |
5 |
|
|
|
|
|
|
|
|
|
69.38 |
69.42 |
(16.42) |
(16.33) |
1,276,523,608 |
0.02 |
1.47 |
0.02 |
4 |
84.15 |
84.11 |
43.02 |
42.97 |
782,605,972 |
0.02 |
1.34 |
0.02 |
4 |
59.59 |
59.58 |
11.09 |
11.05 |
238,372,575 |
0.02 |
1.99 |
0.02 |
4 |
54.60 |
54.61 |
9.95 |
9.97(h) |
46,409,125 |
0.02 |
2.01 |
0.02 |
3 |
|
|
|
|
|
|
|
|
|
74.06 |
73.92 |
(19.87) |
(20.10) |
1,390,564,346 |
0.07 |
1.29 |
0.07 |
30 |
93.59 |
93.68 |
47.15 |
47.52 |
1,698,624,114 |
0.07 |
1.05 |
0.07 |
27 |
64.16 |
64.06 |
26.91 |
26.71(h) |
988,131,953 |
0.07 |
0.91 |
0.07 |
7 |
|
|
|
|
|
|
|
|
|
54.67 |
54.38 |
(17.87) |
(18.39) |
494,762,260 |
0.09 |
1.35 |
0.09 |
30 |
67.49 |
67.56 |
32.56 |
32.70(h) |
442,061,490 |
0.09 |
0.98 |
0.09 |
27 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
243
|
|
Per
share operating performance
| ||||
|
|
Investment
operations |
Distributions
| ||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income |
JPMorgan
Carbon Transition U.S. Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
$62.33 |
$0.77 |
$(9.94) |
$(9.17) |
$(0.79) |
December
9, 2020 (f)
through October 31, 2021
|
49.29 |
0.63 |
12.95 |
13.58 |
(0.54) |
JPMorgan
Climate Change Solutions ETF |
|
|
|
|
|
December
13, 2021 (f)
through October 31, 2022
|
48.00 |
0.43 |
(12.84) |
(12.41) |
(0.03) |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
56.99 |
2.21 |
(10.86) |
(8.65) |
(2.80) |
Year
Ended October 31, 2021
|
46.47 |
1.81 |
10.70 |
12.51 |
(1.99) |
Year
Ended October 31, 2020
|
54.43 |
1.46 |
(7.48) |
(6.02) |
(1.94) |
Year
Ended October 31, 2019
|
50.91 |
2.07 |
2.97 |
5.04 |
(1.52) |
Year
Ended October 31, 2018
|
57.15 |
1.59 |
(5.37) |
(3.78) |
(2.46) |
JPMorgan
Diversified Return International Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
61.02 |
1.91 |
(15.62) |
(13.71) |
(2.87) |
Year
Ended October 31, 2021
|
49.84 |
1.91 |
11.03 |
12.94 |
(1.76) |
Year
Ended October 31, 2020
|
55.06 |
1.35 |
(5.01) |
(3.66) |
(1.56) |
Year
Ended October 31, 2019
|
53.10 |
1.77 |
1.90 |
3.67 |
(1.71) |
Year
Ended October 31, 2018
|
59.18 |
1.51 |
(5.29) |
(3.78) |
(2.30) |
JPMorgan
Diversified Return U.S. Equity ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
101.43 |
2.16 |
(7.56) |
(5.40) |
(2.09) |
Year
Ended October 31, 2021
|
73.52 |
1.71 |
27.76 |
29.47 |
(1.56) |
Year
Ended October 31, 2020
|
76.44 |
1.65 |
(2.82) |
(1.17) |
(1.75) |
Year
Ended October 31, 2019
|
69.92 |
1.66 |
6.34 |
8.00 |
(1.48) |
Year
Ended October 31, 2018
|
68.52 |
1.39 |
1.88 |
3.27 |
(1.87) |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Commencement
of operations. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the
Advisor. |
244
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$52.37 |
$52.38 |
(14.79)% |
(14.79)% |
$20,947,681 |
0.15% |
1.35% |
0.15% |
16% |
62.33 |
62.34 |
27.68 |
27.70(g) |
24,933,394 |
0.15 |
1.26 |
0.15 |
27 |
|
|
|
|
|
|
|
|
|
35.56 |
35.71 |
(25.87) |
(25.56)(g) |
19,560,686 |
0.49 |
1.26 |
0.49 |
32 |
|
|
|
|
|
|
|
|
|
45.54 |
45.81 |
(15.61) |
(15.20) |
163,926,226 |
0.44 |
4.19 |
0.44 |
33 |
56.99 |
57.05 |
26.93 |
27.80 |
153,882,748 |
0.44 |
3.18 |
0.44 |
29 |
46.47 |
46.21 |
(11.20) |
(11.80) |
213,760,142 |
0.44 |
2.97 |
0.44 |
26 |
54.43 |
54.50 |
10.00 |
10.31 |
353,795,416 |
0.45 |
3.87 |
0.87(h) |
51 |
50.91 |
50.83 |
(6.93) |
(7.43) |
213,804,252 |
0.45 |
2.80 |
0.96(h) |
53 |
|
|
|
|
|
|
|
|
|
44.44 |
44.54 |
(23.25) |
(23.15) |
671,062,140 |
0.37 |
3.59 |
0.37 |
28 |
61.02 |
61.08 |
26.00 |
26.08 |
842,016,222 |
0.37 |
3.14 |
0.37 |
35 |
49.84 |
49.86 |
(6.72) |
(6.62) |
867,200,124 |
0.37 |
2.61 |
0.37 |
23 |
55.06 |
55.02 |
7.05 |
7.23 |
1,282,867,303 |
0.38 |
3.27 |
0.41(h) |
25 |
53.10 |
52.98 |
(6.72) |
(7.22) |
1,444,332,261 |
0.40 |
2.57 |
0.44(h) |
28 |
|
|
|
|
|
|
|
|
|
93.94 |
94.05 |
(5.36) |
(5.28) |
507,282,453 |
0.18 |
2.18 |
0.18 |
22 |
101.43 |
101.46 |
40.36 |
40.44 |
710,012,574 |
0.18 |
1.86 |
0.18 |
33 |
73.52 |
73.50 |
(1.40) |
(1.44) |
536,709,641 |
0.18 |
2.26 |
0.18 |
21 |
76.44 |
76.45 |
11.65 |
11.65 |
802,625,997 |
0.19 |
2.27 |
0.37(h) |
24 |
69.92 |
69.93 |
4.74 |
4.70 |
559,362,329 |
0.19 |
1.95 |
0.41(h) |
32 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
245
|
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income |
Net
realized
gain
|
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$92.23 |
$1.60 |
$(8.73) |
$(7.13) |
$(1.50) |
$— |
Year
Ended October 31, 2021
|
64.77 |
1.30 |
27.36 |
28.66 |
(1.20) |
— |
Year
Ended October 31, 2020
|
67.13 |
1.18 |
(2.38) |
(1.20) |
(1.16) |
— |
Year
Ended October 31, 2019
|
62.24 |
1.18 |
4.78 |
5.96 |
(1.07) |
— |
Year
Ended October 31, 2018
|
62.06 |
1.06 |
0.59 |
1.65 |
(1.47) |
— |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
45.20 |
0.64 |
(5.41) |
(4.77) |
(0.58) |
— |
Year
Ended October 31, 2021
|
28.87 |
0.46 |
16.35 |
16.81 |
(0.48) |
— |
Year
Ended October 31, 2020
|
30.84 |
0.44 |
(2.01) |
(1.57) |
(0.40) |
— |
Year
Ended October 31, 2019
|
29.58 |
0.42 |
1.22 |
1.64 |
(0.38) |
— |
Year
Ended October 31, 2018
|
28.95 |
0.33 |
0.73 |
1.06 |
(0.43) |
— |
JPMorgan
International Growth ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
79.09 |
0.44 |
(30.69) |
(30.25) |
(0.49) |
(0.54) |
Year
Ended October 31, 2021
|
62.98 |
0.19 |
15.95 |
16.14 |
(0.03) |
— |
May
20, 2020 (g)
through October 31, 2020
|
51.83 |
0.05 |
11.10 |
11.15 |
— |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Commencement
of operations. |
(h) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
246
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ratios/Supplemental
data
| ||||||||
|
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Total
distributions
|
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
|
$(1.50) |
$83.60 |
$83.55 |
(7.78)% |
(7.90)% |
$267,520,530 |
0.24% |
1.82% |
0.24% |
24% |
(1.20) |
92.23 |
92.30 |
44.51 |
44.73 |
239,808,712 |
0.24 |
1.57 |
0.24 |
34 |
(1.16) |
64.77 |
64.72 |
(1.66) |
(1.79) |
220,207,846 |
0.24 |
1.86 |
0.24 |
28 |
(1.07) |
67.13 |
67.17 |
9.73 |
9.780 |
187,973,791 |
0.24 |
1.82 |
0.43(f) |
25 |
(1.47) |
62.24 |
62.25 |
2.59 |
2.57 |
112,028,180 |
0.24 |
1.64 |
0.50(f) |
35 |
|
|
|
|
|
|
|
|
|
|
(0.58) |
39.85 |
39.93 |
(10.59) |
(10.49) |
286,932,997 |
0.29 |
1.55 |
0.29 |
26 |
(0.48) |
45.20 |
45.24 |
58.49 |
58.25 |
176,262,186 |
0.29 |
1.13 |
0.29 |
37 |
(0.40) |
28.87 |
28.94 |
(4.99) |
(4.85) |
148,672,825 |
0.29 |
1.54 |
0.29 |
30 |
(0.38) |
30.84 |
30.87 |
5.64 |
5.75 |
140,343,327 |
0.29 |
1.40 |
0.54(f) |
43 |
(0.43) |
29.58 |
29.58 |
3.61 |
3.43 |
96,135,254 |
0.29 |
1.08 |
0.61(f) |
30 |
|
|
|
|
|
|
|
|
|
|
(1.03) |
47.81 |
47.80 |
(38.72) |
(38.97) |
54,982,105 |
0.55 |
0.75 |
0.55 |
32 |
(0.03) |
79.09 |
79.40 |
25.63 |
25.85 |
61,291,950 |
0.55 |
0.25 |
0.55 |
37 |
— |
62.98 |
63.12 |
21.51 |
21.78(h) |
37,787,658 |
0.55 |
0.16 |
0.55 |
12 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
247
|
|
Per
share operating performance
| ||||
|
|
Investment
operations |
Distributions
| ||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income |
JPMorgan
U.S. Momentum Factor ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
$47.71 |
$0.50 |
$(9.53) |
$(9.03) |
$(0.46) |
Year
Ended October 31, 2021
|
33.68 |
0.34 |
14.00 |
14.34 |
(0.31) |
Year
Ended October 31, 2020
|
29.04 |
0.35 |
4.63 |
4.98 |
(0.34) |
Year
Ended October 31, 2019
|
25.98 |
0.37 |
2.99 |
3.36 |
(0.30) |
November
8, 2017 (g)
through October 31, 2018
|
25.00 |
0.35 |
0.95 |
1.30 |
(0.32) |
JPMorgan
U.S. Quality Factor ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
43.45 |
0.66 |
(5.34) |
(4.68) |
(0.63) |
Year
Ended October 31, 2021
|
31.53 |
0.60 |
11.91 |
12.51 |
(0.59) |
Year
Ended October 31, 2020
|
29.74 |
0.56 |
1.70 |
2.26 |
(0.47) |
Year
Ended October 31, 2019
|
26.56 |
0.58 |
3.11 |
3.69 |
(0.51) |
November
8, 2017 (g)
through October 31, 2018
|
25.00 |
0.52 |
1.52 |
2.04 |
(0.48) |
JPMorgan
U.S. Value Factor ETF |
|
|
|
|
|
Year
Ended October 31, 2022
|
37.09 |
0.80 |
(4.19) |
(3.39) |
(0.80) |
Year
Ended October 31, 2021
|
24.99 |
0.72 |
12.03 |
12.75 |
(0.65) |
Year
Ended October 31, 2020
|
27.29 |
0.77 |
(2.29) |
(1.52) |
(0.78) |
Year
Ended October 31, 2019
|
25.21 |
0.75 |
1.97 |
2.72 |
(0.64) |
November
8, 2017 (g)
through October 31, 2018
|
25.00 |
0.64 |
0.16 |
0.80 |
(0.59) |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Commencement
of operations. |
(h) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(i) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
248
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$38.22 |
$38.25 |
(18.97)% |
(18.86)% |
$229,323,118 |
0.12% |
1.20% |
0.12% |
43% |
47.71 |
47.68 |
42.72 |
42.38 |
221,858,171 |
0.12 |
0.80 |
0.12 |
44 |
33.68 |
33.74 |
17.33 |
17.50 |
134,743,086 |
0.12 |
1.11 |
0.12 |
39 |
29.04 |
29.05 |
13.06 |
13.06 |
56,620,589 |
0.12 |
1.35 |
0.55(f) |
52 |
25.98 |
25.99 |
5.17 |
5.21(h) |
28,575,370 |
0.12(i) |
1.32 |
0.74(f)(i) |
44 |
|
|
|
|
|
|
|
|
|
38.14 |
38.16 |
(10.84) |
(10.85) |
579,728,107 |
0.12 |
1.64 |
0.12 |
18 |
43.45 |
43.48 |
39.97 |
40.02 |
393,204,091 |
0.12 |
1.56 |
0.12 |
21 |
31.53 |
31.54 |
7.72 |
7.68 |
384,671,209 |
0.12 |
1.81 |
0.12 |
20 |
29.74 |
29.76 |
14.10 |
14.18 |
107,067,872 |
0.12 |
2.05 |
0.50(f) |
21 |
26.56 |
26.56 |
8.15 |
8.15(h) |
29,215,267 |
0.12(i) |
2.01 |
0.74(f)(i) |
22 |
|
|
|
|
|
|
|
|
|
32.90 |
32.88 |
(9.21) |
(9.24) |
444,083,720 |
0.12 |
2.28 |
0.12 |
21 |
37.09 |
37.08 |
51.38 |
51.88 |
400,579,487 |
0.12 |
2.01 |
0.12 |
34 |
24.99 |
24.90 |
(5.39) |
(5.76) |
62,468,155 |
0.12 |
2.99 |
0.12 |
25 |
27.29 |
27.30 |
11.01 |
11.05 |
66,849,642 |
0.12 |
2.90 |
0.52(f) |
22 |
25.21 |
25.21 |
3.12 |
3.12(h) |
28,986,509 |
0.12(i) |
2.52 |
0.75(f)(i) |
26 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
249
|
|
Diversification
Classification |
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
Diversified |
JPMorgan
ActiveBuilders International Equity ETF |
Diversified |
JPMorgan
BetaBuilders Canada ETF |
Diversified |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as
JPMorgan BetaBuilders Developed
Asia
ex-Japan ETF)(1)
|
Diversified |
JPMorgan
BetaBuilders Europe ETF |
Diversified |
JPMorgan
BetaBuilders International Equity ETF |
Diversified |
JPMorgan
BetaBuilders Japan ETF |
Diversified |
JPMorgan
BetaBuilders U.S. Equity ETF |
Diversified |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
Diversified |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
Diversified |
JPMorgan
Carbon Transition U.S. Equity ETF |
Diversified |
JPMorgan
Climate Change Solutions ETF(2)
|
Non-Diversified |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
Diversified |
JPMorgan
Diversified Return International Equity ETF |
Diversified |
JPMorgan
Diversified Return U.S. Equity ETF |
Diversified |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
Diversified |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
Diversified |
JPMorgan
International Growth ETF |
Diversified |
JPMorgan
U.S. Momentum Factor ETF |
Diversified |
JPMorgan
U.S. Quality Factor ETF |
Diversified |
JPMorgan
U.S. Value Factor ETF |
Diversified |
| |
(1)
|
Effective
March 1, 2022, JPMorgan BetaBuilders Developed Asia
ex-Japan ETF changed its name
to JPMorgan BetaBuilders Developed Asia
Pacific
ex-Japan ETF. |
(2)
|
Commencement
of operations was December 13,
2021. |
250
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
251
|
|
Listing
Exchange |
ActiveBuilders
Emerging Markets Equity ETF |
Cboe
BZX Exchange, Inc. |
ActiveBuilders
International Equity ETF |
NYSE
Arca |
BetaBuilders
Canada ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
Europe ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
International Equity ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
Japan ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
U.S. Equity ETF |
Cboe
BZX Exchange, Inc. |
BetaBuilders
U.S. Mid Cap Equity ETF |
NYSE
Arca |
BetaBuilders
U.S. Small Cap Equity ETF |
NYSE
Arca |
Carbon
Transition U.S. Equity ETF |
NYSE
Arca |
Climate
Change Solutions ETF |
NYSE
Arca |
Emerging
Markets Equity ETF |
NYSE
Arca |
International
Equity ETF |
NYSE
Arca |
U.S.
Equity ETF |
NYSE
Arca |
U.S.
Mid Cap Equity ETF |
NYSE
Arca |
U.S.
Small Cap Equity ETF |
NYSE
Arca |
International
Growth ETF |
NYSE
Arca |
U.S.
Momentum Factor ETF |
NYSE
Arca |
U.S.
Quality Factor ETF |
NYSE
Arca |
U.S.
Value Factor ETF |
NYSE
Arca |
252
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Shares
per
Creation
Unit |
ActiveBuilders
Emerging Markets Equity ETF |
100,000 |
ActiveBuilders
International Equity ETF |
100,000 |
BetaBuilders
Canada ETF |
50,000 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
100,000 |
BetaBuilders
Europe ETF |
100,000 |
BetaBuilders
International Equity ETF |
200,000 |
BetaBuilders
Japan ETF |
200,000 |
BetaBuilders
U.S. Equity ETF |
50,000 |
BetaBuilders
U.S. Mid Cap Equity ETF |
25,000 |
BetaBuilders
U.S. Small Cap Equity ETF |
25,000 |
Carbon
Transition U.S. Equity ETF |
50,000 |
Climate
Change Solutions ETF |
25,000 |
Emerging
Markets Equity ETF |
100,000 |
International
Equity ETF |
100,000 |
U.S.
Equity ETF |
100,000 |
U.S.
Mid Cap Equity ETF |
100,000 |
U.S.
Small Cap Equity ETF |
50,000 |
International
Growth ETF |
25,000 |
U.S.
Momentum Factor ETF |
50,000 |
U.S.
Quality Factor ETF |
50,000 |
U.S.
Value Factor ETF |
50,000 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
253
|
ActiveBuilders
Emerging Markets Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$— |
$245,645
|
$—
|
$245,645 |
Brazil |
67,597,142 |
— |
— |
67,597,142 |
Canada |
677,327 |
— |
— |
677,327 |
Chile |
3,126,846 |
— |
— |
3,126,846 |
China |
7,658,555 |
226,476,463 |
— |
234,135,018 |
Colombia |
241,473 |
— |
— |
241,473 |
Czech
Republic |
1,351,864 |
392,171 |
— |
1,744,035 |
Ghana |
638,713 |
— |
— |
638,713 |
Greece |
— |
1,889,710 |
— |
1,889,710 |
Hong
Kong |
— |
13,743,619 |
— |
13,743,619 |
Hungary |
— |
2,316,974 |
— |
2,316,974 |
India |
13,140,936 |
116,674,205 |
50,024 |
129,865,165 |
Indonesia |
— |
25,189,206 |
— |
25,189,206 |
254
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
ActiveBuilders
Emerging Markets Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Kuwait |
$— |
$1,084,148 |
$— |
$1,084,148 |
Macau |
— |
609,081 |
— |
609,081 |
Malaysia |
— |
4,663,543 |
— |
4,663,543 |
Mexico |
46,348,700 |
— |
— |
46,348,700 |
Nigeria |
— |
183,340 |
— |
183,340 |
Panama |
481,923 |
— |
— |
481,923 |
Peru |
3,644,135 |
— |
— |
3,644,135 |
Philippines |
— |
1,907,838 |
— |
1,907,838 |
Poland |
— |
5,552,145 |
— |
5,552,145 |
Portugal |
— |
2,120,270 |
— |
2,120,270 |
Qatar |
— |
8,236,821 |
— |
8,236,821 |
Russia |
— |
— |
194,080 |
194,080 |
Saudi
Arabia |
— |
27,862,535 |
— |
27,862,535 |
Singapore |
972,486 |
— |
— |
972,486 |
South
Africa |
7,984,520 |
28,913,005 |
— |
36,897,525 |
South
Korea |
598,043 |
107,390,147 |
— |
107,988,190 |
Taiwan |
— |
133,090,715 |
— |
133,090,715 |
Tanzania,
United Republic of |
— |
252,026 |
— |
252,026 |
Thailand |
10,257,888 |
6,000,601 |
— |
16,258,489 |
United
Arab Emirates |
2,151,974 |
8,213,270 |
— |
10,365,244 |
United
States |
10,395,738 |
1,858,509 |
— |
12,254,247 |
Zambia |
613,419 |
— |
— |
613,419 |
Total
Common Stocks |
177,881,682 |
724,865,987 |
244,104 |
902,991,773 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
3,448,509 |
— |
— |
3,448,509 |
Total
Investments in Securities |
$181,330,191 |
$724,865,987 |
$244,104 |
$906,440,282 |
ActiveBuilders
International Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$—
|
$1,372,071
|
$— |
$1,372,071 |
Austria |
— |
76,984 |
— |
76,984 |
Belgium |
— |
151,344 |
— |
151,344 |
Brazil |
15,328 |
— |
— |
15,328 |
Canada |
161,940 |
— |
— |
161,940 |
China |
— |
140,378 |
— |
140,378 |
Denmark |
— |
986,297 |
— |
986,297 |
Finland |
— |
234,526 |
— |
234,526 |
France |
— |
2,682,889 |
— |
2,682,889 |
Germany |
— |
1,826,993 |
— |
1,826,993 |
Hong
Kong |
— |
363,492 |
— |
363,492 |
India |
116,457 |
— |
— |
116,457 |
Indonesia |
— |
23,855 |
— |
23,855 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
255
|
ActiveBuilders
International Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Ireland |
$— |
$28,922 |
$— |
$28,922 |
Italy |
— |
251,879 |
— |
251,879 |
Japan |
— |
4,240,730 |
— |
4,240,730 |
Luxembourg |
— |
33,888 |
— |
33,888 |
Netherlands |
— |
1,622,779 |
— |
1,622,779 |
Norway |
— |
205,092 |
— |
205,092 |
Singapore |
9,091 |
317,021 |
— |
326,112 |
South
Africa |
— |
126,287 |
— |
126,287 |
South
Korea |
— |
107,774 |
— |
107,774 |
Spain |
— |
425,118 |
— |
425,118 |
Sweden |
— |
490,194 |
— |
490,194 |
Switzerland |
1,187 |
1,151,379 |
— |
1,152,566 |
Taiwan |
84,262 |
— |
— |
84,262 |
United
Kingdom |
31,413 |
2,751,490 |
— |
2,782,903 |
United
States |
— |
1,906,145 |
— |
1,906,145 |
Total
Common Stocks |
419,678 |
21,517,527 |
— |
21,937,205 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
316,955 |
— |
— |
316,955 |
Total
Investments in Securities |
$736,633 |
$21,517,527 |
$— |
$22,254,160 |
BetaBuilders
Canada ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$6,060,723,523 |
$— |
$— |
$6,060,723,523
|
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$530,645 |
$— |
$— |
$530,645
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$21,660,246 |
$1,992,583,374 |
$— |
$2,014,243,620 |
China |
— |
76,861,100 |
— |
76,861,100 |
Hong
Kong |
— |
577,189,648 |
— |
577,189,648 |
Macau |
— |
28,642,569 |
— |
28,642,569 |
New
Zealand |
— |
66,152,527 |
— |
66,152,527 |
Singapore |
689,395 |
381,626,252 |
— |
382,315,647 |
United
Kingdom |
— |
28,535,432 |
— |
28,535,432 |
United
States |
— |
224,805,776 |
— |
224,805,776 |
Total
Common Stocks |
22,349,641 |
3,376,396,678 |
— |
3,398,746,319 |
256
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
BetaBuilders
Developed Asia Pacific ex-Japan ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Short-Term
Investments |
|
|
|
|
Investment
of Cash Collateral from Securities
Loaned |
$189,738 |
$— |
$— |
$189,738 |
Total
Investments in Securities |
$22,539,379 |
$3,376,396,678 |
$— |
$3,398,936,057 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$363,104 |
$— |
$— |
$363,104 |
BetaBuilders
Europe ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$—
|
$59,307,955
|
$—
|
$59,307,955 |
Austria |
225,140 |
16,460,998 |
— |
16,686,138 |
Belgium |
— |
51,715,739 |
— |
51,715,739 |
Brazil |
— |
2,974,463 |
— |
2,974,463 |
Chile |
— |
1,901,032 |
— |
1,901,032 |
China |
— |
21,265,488 |
— |
21,265,488 |
Denmark |
— |
143,280,884 |
— |
143,280,884 |
Finland |
1,608,848 |
71,686,461 |
— |
73,295,309 |
France |
— |
561,610,725 |
— |
561,610,725 |
Germany |
— |
397,143,354 |
— |
397,143,354 |
Hong
Kong |
— |
10,443,291 |
— |
10,443,291 |
Ireland |
— |
23,547,640 |
— |
23,547,640 |
Italy |
— |
116,437,086 |
— |
116,437,086 |
Jordan |
— |
1,042,635 |
— |
1,042,635 |
Luxembourg |
— |
9,108,741 |
— |
9,108,741 |
Mexico |
— |
629,740 |
— |
629,740 |
Netherlands |
797,991 |
288,191,258 |
— |
288,989,249 |
Norway |
— |
47,081,536 |
— |
47,081,536 |
Poland |
— |
12,804,326 |
— |
12,804,326 |
Portugal |
— |
9,474,601 |
— |
9,474,601 |
Russia |
— |
— |
21,304 |
21,304 |
Singapore |
— |
8,334,951 |
— |
8,334,951 |
South
Africa |
— |
16,382,590 |
— |
16,382,590 |
South
Korea |
— |
2,467,215 |
— |
2,467,215 |
Spain |
— |
134,330,710 |
— |
134,330,710 |
Sweden |
395,951 |
183,396,200 |
— |
183,792,151 |
Switzerland |
— |
311,627,644 |
— |
311,627,644 |
United
Arab Emirates |
— |
— |
— |
— |
United
Kingdom |
3,867,322 |
659,494,370 |
— |
663,361,692 |
United
States |
— |
317,746,962 |
— |
317,746,962 |
Total
Common Stocks |
6,895,252 |
3,479,888,595 |
21,304 |
3,486,805,151 |
Short-Term
Investments |
|
|
|
|
Investment
of Cash Collateral from Securities
Loaned |
40,427,498 |
— |
— |
40,427,498 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
257
|
BetaBuilders
Europe ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities |
$47,322,750 |
$3,479,888,595 |
$21,304 |
$3,527,232,649 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$1,204,811 |
$— |
$— |
$1,204,811 |
Depreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
(121,281) |
— |
— |
(121,281) |
Total
Net Appreciation/ Depreciation in Other
Financial
Instruments |
$1,083,530 |
$— |
$— |
$1,083,530
|
BetaBuilders
International Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$2,030,111
|
$215,768,513
|
$—
|
$217,798,624 |
Austria |
111,533 |
8,066,510 |
— |
8,178,043 |
Belgium |
— |
25,331,019 |
— |
25,331,019 |
Brazil |
— |
1,456,815 |
— |
1,456,815 |
Chile |
— |
931,825 |
— |
931,825 |
China |
— |
17,636,140 |
— |
17,636,140 |
Denmark |
— |
70,117,777 |
— |
70,117,777 |
Finland |
786,013 |
35,107,125 |
— |
35,893,138 |
France |
— |
274,984,154 |
— |
274,984,154 |
Germany |
— |
194,465,496 |
— |
194,465,496 |
Hong
Kong |
— |
59,220,080 |
— |
59,220,080 |
Ireland |
— |
11,533,337 |
— |
11,533,337 |
Israel |
— |
15,817,668 |
— |
15,817,668 |
Italy |
— |
57,019,267 |
— |
57,019,267 |
Japan |
— |
642,565,379 |
— |
642,565,379 |
Jordan |
— |
510,372 |
— |
510,372 |
Luxembourg |
— |
4,459,110 |
— |
4,459,110 |
Macau |
— |
2,669,358 |
— |
2,669,358 |
Mexico |
— |
309,281 |
— |
309,281 |
Netherlands |
336,689 |
141,149,488 |
— |
141,486,177 |
New
Zealand |
— |
6,204,459 |
— |
6,204,459 |
Norway |
— |
23,062,487 |
— |
23,062,487 |
Poland |
— |
6,298,128 |
— |
6,298,128 |
Portugal |
— |
4,641,203 |
— |
4,641,203 |
Russia |
— |
— |
4,527 |
4,527 |
Singapore |
64,362 |
39,848,476 |
— |
39,912,838 |
South
Africa |
— |
8,021,530 |
— |
8,021,530 |
South
Korea |
— |
1,207,790 |
— |
1,207,790 |
Spain |
— |
65,780,623 |
— |
65,780,623 |
Sweden |
195,808 |
89,812,517 |
— |
90,008,325 |
Switzerland |
— |
152,480,095 |
— |
152,480,095 |
United
Arab Emirates |
— |
— |
— |
— |
258
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
BetaBuilders
International Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
United
Kingdom |
$1,895,833
|
$325,642,186
|
$—
|
$327,538,019 |
United
States |
— |
176,653,812 |
— |
176,653,812 |
Total
Common Stocks |
5,420,349 |
2,678,772,020 |
4,527 |
2,684,196,896 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
12,102,999 |
— |
— |
12,102,999 |
Investment
of Cash Collateral from Securities
Loaned |
17,862,343 |
— |
— |
17,862,343 |
Total
Short-Term Investments |
29,965,342 |
— |
— |
29,965,342 |
Total
Investments in Securities |
$35,385,691 |
$2,678,772,020 |
$4,527 |
$2,714,162,238 |
Depreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$(562,111) |
$— |
$— |
$(562,111) |
BetaBuilders
Japan ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
$— |
$6,138,585,841 |
$— |
$6,138,585,841 |
Short-Term
Investments |
|
|
|
|
Investment
of Cash Collateral from Securities
Loaned |
19,895,882 |
— |
— |
19,895,882 |
Total
Investments in Securities |
$19,895,882 |
$6,138,585,841 |
$— |
$6,158,481,723
|
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$2,052,806 |
$— |
$— |
$2,052,806
|
BetaBuilders
U.S. Equity ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$1,278,937,186 |
$— |
$— |
$1,278,937,186
|
Depreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$(62,102) |
$— |
$— |
$(62,102) |
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
BetaBuilders
U.S. Mid Cap Equity ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$1,427,177,228 |
$— |
$— |
$1,427,177,228
|
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$499,942 |
$— |
$— |
$499,942
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
259
|
BetaBuilders
U.S. Small Cap Equity ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
$485,817,025 |
$— |
$— |
$485,817,025 |
Rights |
— |
— |
9,582 |
9,582 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
8,224,756 |
— |
— |
8,224,756 |
Investment
of Cash Collateral from Securities Loaned |
11,621,701 |
— |
— |
11,621,701 |
Total
Short-Term Investments |
19,846,457 |
— |
— |
19,846,457 |
Total
Investments in Securities |
$505,663,482 |
$— |
$9,582 |
$505,673,064 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$293,417 |
$— |
$— |
$293,417 |
Carbon
Transition U.S. Equity ETF |
|
|
|
|
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$20,920,618 |
$— |
$— |
$20,920,618 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$1,844 |
$— |
$— |
$1,844
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
Climate
Change Solutions ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Canada |
$376,469
|
$—
|
$— |
$376,469 |
China |
— |
369,808 |
— |
369,808 |
Denmark |
— |
177,914 |
— |
177,914 |
Finland |
— |
558,117 |
— |
558,117 |
France |
— |
1,302,609 |
— |
1,302,609 |
Germany |
— |
1,242,066 |
— |
1,242,066 |
Ireland |
— |
233,681 |
— |
233,681 |
Italy |
— |
392,089 |
— |
392,089 |
Japan |
— |
1,181,249 |
— |
1,181,249 |
Netherlands |
— |
495,021 |
— |
495,021 |
Norway |
— |
87,702 |
— |
87,702 |
South
Korea |
— |
555,209 |
— |
555,209 |
Spain |
— |
1,019,354 |
— |
1,019,354 |
Sweden |
— |
312,487 |
— |
312,487 |
Switzerland |
363,145 |
712,902 |
— |
1,076,047 |
United
Kingdom |
1,154,867 |
226,102 |
— |
1,380,969 |
United
States |
7,849,728 |
666,172 |
— |
8,515,900 |
Total
Common Stocks |
9,744,209 |
9,532,482 |
— |
19,276,691 |
Total
Investments in Securities |
$9,744,209 |
$9,532,482 |
$— |
$19,276,691 |
260
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
Emerging
Markets Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Brazil |
$16,420,043 |
$—
|
$—
|
$16,420,043 |
Chile |
1,905,820 |
— |
— |
1,905,820 |
China |
592,170 |
35,503,172 |
96,672 |
36,192,014 |
Colombia |
329,176 |
— |
— |
329,176 |
Czech
Republic |
558,248 |
111,448 |
— |
669,696 |
Egypt |
— |
79,723 |
— |
79,723 |
Greece |
— |
1,703,506 |
— |
1,703,506 |
Hong
Kong |
— |
147,122 |
— |
147,122 |
Hungary |
— |
641,393 |
— |
641,393 |
India |
— |
19,344,072 |
25,238 |
19,369,310 |
Indonesia |
65,668 |
5,931,621 |
— |
5,997,289 |
Kuwait |
— |
3,762,062 |
— |
3,762,062 |
Malaysia |
627,506 |
2,820,854 |
— |
3,448,360 |
Mexico |
11,703,473 |
— |
— |
11,703,473 |
Pakistan |
36,645 |
— |
— |
36,645 |
Panama |
14,054 |
— |
— |
14,054 |
Philippines |
197,192 |
729,016 |
— |
926,208 |
Qatar |
126,296 |
3,631,722 |
— |
3,758,018 |
Russia |
— |
— |
116,932 |
116,932 |
Saudi
Arabia |
— |
10,413,427 |
— |
10,413,427 |
Singapore |
— |
86,187 |
— |
86,187 |
South
Africa |
3,276,775 |
5,714,832 |
— |
8,991,607 |
Taiwan |
— |
16,293,097 |
— |
16,293,097 |
Thailand |
3,336,237 |
468,326 |
— |
3,804,563 |
Turkey |
871,614 |
10,124,367 |
— |
10,995,981 |
United
Arab Emirates |
543,734 |
4,599,186 |
— |
5,142,920 |
United
States |
551,143 |
— |
— |
551,143 |
Total
Common Stocks |
41,155,794 |
122,105,133 |
238,842 |
163,499,769 |
Rights |
|
|
|
|
Thailand |
— |
— |
— |
— |
Short-Term
Investments |
|
|
|
|
Investment
of Cash Collateral from Securities Loaned |
182,157 |
— |
— |
182,157 |
Total
Investments in Securities |
$41,337,951 |
$122,105,133 |
$238,842 |
$163,681,926 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$654 |
$— |
$— |
$654
|
International
Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$1,728,831 |
$69,785,312
|
$—
|
$71,514,143 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
261
|
International
Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Austria |
$— |
$4,311,218 |
$— |
$4,311,218 |
Belgium |
— |
2,372,851 |
— |
2,372,851 |
Brazil |
— |
2,681,457 |
— |
2,681,457 |
Cambodia |
— |
60,758 |
— |
60,758 |
Chile |
— |
2,256,715 |
— |
2,256,715 |
China |
— |
9,167,311 |
— |
9,167,311 |
Denmark |
— |
4,428,164 |
— |
4,428,164 |
Finland |
— |
11,059,698 |
— |
11,059,698 |
France |
— |
28,245,824 |
— |
28,245,824 |
Germany |
— |
16,842,999 |
— |
16,842,999 |
Hong
Kong |
— |
19,685,344 |
— |
19,685,344 |
Indonesia |
— |
1,160,460 |
— |
1,160,460 |
Ireland |
— |
2,578,205 |
— |
2,578,205 |
Italy |
— |
13,755,031 |
— |
13,755,031 |
Japan |
— |
201,702,525 |
— |
201,702,525 |
Jordan |
— |
1,825,685 |
— |
1,825,685 |
Luxembourg |
— |
905,814 |
— |
905,814 |
Mexico |
— |
911,574 |
— |
911,574 |
Netherlands |
— |
22,861,664 |
— |
22,861,664 |
New
Zealand |
— |
3,832,166 |
— |
3,832,166 |
Norway |
— |
8,113,640 |
— |
8,113,640 |
Portugal |
— |
2,091,030 |
— |
2,091,030 |
Russia |
— |
— |
18,472 |
18,472 |
Singapore |
— |
19,137,071 |
— |
19,137,071 |
South
Africa |
— |
2,049,258 |
— |
2,049,258 |
South
Korea |
— |
45,027,943 |
— |
45,027,943 |
Spain |
— |
13,811,916 |
— |
13,811,916 |
Sweden |
— |
23,627,664 |
— |
23,627,664 |
Switzerland |
— |
10,887,900 |
— |
10,887,900 |
United
Kingdom |
— |
107,489,917 |
— |
107,489,917 |
United
States |
23 |
12,384,661 |
— |
12,384,684 |
Total
Common Stocks |
1,728,854 |
665,051,775 |
18,472 |
666,799,101 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
569,398 |
— |
— |
569,398 |
Investment
of Cash Collateral from Securities Loaned |
4,048,549 |
— |
— |
4,048,549 |
Total
Short-Term Investments |
4,617,947 |
— |
— |
4,617,947 |
Total
Investments in Securities |
$6,346,801 |
$665,051,775 |
$18,472 |
$671,417,048 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$105,847 |
$— |
$— |
$105,847 |
U.S.
Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$507,452,056 |
$— |
$— |
$507,452,056 |
262
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
U.S.
Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$41,166 |
$— |
$— |
$41,166
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
U.S.
Mid Cap Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$267,046,306 |
$— |
$— |
$267,046,306 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$35,424 |
$— |
$— |
$35,424
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
U.S.
Small Cap Equity ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Aerospace
& Defense |
$298,255 |
$— |
$—
|
$298,255 |
Automobiles
& Parts |
1,190,083 |
— |
— |
1,190,083 |
Banks |
16,088,503 |
— |
— |
16,088,503 |
Beverages |
4,493,623 |
— |
— |
4,493,623 |
Chemicals |
10,451,638 |
— |
— |
10,451,638 |
Construction
& Materials |
4,884,671 |
— |
— |
4,884,671 |
Consumer
Services
|
1,493,439 |
— |
— |
1,493,439 |
Electricity |
5,428,722 |
— |
— |
5,428,722 |
Electronic
& Electrical Equipment |
4,003,150 |
— |
— |
4,003,150 |
Finance
& Credit Services |
4,627,165 |
— |
— |
4,627,165 |
Food
Producers |
12,392,216 |
— |
— |
12,392,216 |
Gas,
Water & Multi-utilities |
11,741,356 |
— |
— |
11,741,356 |
General
Industrials |
4,007,529 |
— |
— |
4,007,529 |
Health
Care Providers |
7,420,114 |
— |
— |
7,420,114 |
Household
Goods & Home Construction |
4,409,908 |
— |
— |
4,409,908 |
Industrial
Engineering |
3,604,825 |
— |
— |
3,604,825 |
Industrial
Materials |
5,848,265 |
— |
— |
5,848,265 |
Industrial
Metals & Mining |
10,481,401 |
— |
— |
10,481,401 |
Industrial
Support Services |
6,973,303 |
— |
— |
6,973,303 |
Industrial
Transportation |
8,183,705 |
— |
— |
8,183,705 |
Investment
Banking & Brokerage Services
|
4,116,146 |
— |
— |
4,116,146 |
Leisure
Goods |
3,028,369 |
— |
— |
3,028,369 |
Life
Insurance |
1,684,949 |
— |
— |
1,684,949 |
Media |
1,339,678 |
— |
— |
1,339,678 |
Medical
Equipment & Services |
9,123,640 |
— |
— |
9,123,640 |
Mortgage
Real Estate Investment Trusts |
4,935,357 |
— |
— |
4,935,357 |
Non-life
Insurance |
2,622,421 |
— |
— |
2,622,421 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
263
|
U.S.
Small Cap Equity ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Non-Renewable
Energy |
$19,827,011 |
$— |
$— |
$19,827,011 |
Personal
Care, Drug & Grocery Stores
|
9,926,671 |
— |
— |
9,926,671 |
Personal
Goods |
2,265,081 |
— |
— |
2,265,081 |
Pharmaceuticals,
Biotechnology & Marijuana
Producers |
12,282,763 |
— |
55,455 |
12,338,218 |
Precious
Metals & Mining |
605,205 |
— |
— |
605,205 |
Real
Estate Investment & Services |
2,989,636 |
— |
— |
2,989,636 |
Real
Estate Investment Trusts |
24,206,906 |
— |
— |
24,206,906 |
Renewable
Energy |
1,434,941 |
— |
— |
1,434,941 |
Retailers
|
8,996,136 |
— |
— |
8,996,136 |
Software
& Computer Services |
11,315,194 |
— |
— |
11,315,194 |
Technology
Hardware & Equipment |
19,122,054 |
— |
— |
19,122,054 |
Telecommunications
Equipment |
8,778,411 |
— |
— |
8,778,411 |
Telecommunications
Service Providers
|
6,858,876 |
— |
— |
6,858,876 |
Tobacco |
1,973,999 |
— |
— |
1,973,999 |
Travel
& Leisure |
222,726 |
— |
— |
222,726 |
Waste
& Disposal Services |
754,288 |
— |
— |
754,288 |
Total
Common Stocks |
286,432,329 |
— |
55,455 |
286,487,784 |
Rights |
— |
— |
6,379 |
6,379 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
325,140 |
— |
— |
325,140 |
Investment
of Cash Collateral from Securities Loaned |
22,245,259 |
— |
— |
22,245,259 |
Total
Short-Term Investments |
22,570,399 |
— |
— |
22,570,399 |
Total
Investments in Securities |
$309,002,728 |
$— |
$61,834 |
$309,064,562 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts |
$12,769 |
$— |
$— |
$12,769 |
International
Growth ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Australia |
$—
|
$878,707
|
$— |
$878,707 |
Brazil |
560,808 |
— |
— |
560,808 |
Canada |
3,425,905 |
— |
— |
3,425,905 |
China |
497,695 |
1,995,217 |
— |
2,492,912 |
Denmark |
— |
3,305,499 |
— |
3,305,499 |
France |
— |
2,967,212 |
— |
2,967,212 |
Germany |
— |
2,983,973 |
— |
2,983,973 |
Hong
Kong |
— |
2,005,594 |
— |
2,005,594 |
India |
733,202 |
— |
— |
733,202 |
Indonesia |
435,884 |
1,080,076 |
— |
1,515,960 |
Japan |
— |
6,395,106 |
— |
6,395,106 |
Mexico |
760,981 |
— |
— |
760,981 |
Netherlands |
— |
3,974,294 |
— |
3,974,294 |
Singapore |
115,108 |
855,842 |
— |
970,950 |
264
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
International
Growth ETF (continued) |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
South
Africa |
$—
|
$559,036
|
$— |
$559,036 |
South
Korea |
— |
295,785 |
— |
295,785 |
Sweden |
— |
1,924,141 |
— |
1,924,141 |
Switzerland |
— |
1,175,033 |
— |
1,175,033 |
Taiwan |
2,143,725 |
— |
— |
2,143,725 |
United
Kingdom |
— |
7,217,951 |
— |
7,217,951 |
United
States |
1,153,887 |
4,971,364 |
— |
6,125,251 |
Total
Common Stocks |
9,827,195 |
42,584,830 |
— |
52,412,025 |
Short-Term
Investments |
|
|
|
|
Investment
Companies |
2,455,095 |
— |
— |
2,455,095 |
Investment
of Cash Collateral from Securities Loaned |
749,113 |
— |
— |
749,113 |
Total
Short-Term Investments |
3,204,208 |
— |
— |
3,204,208 |
Total
Investments in Securities |
$13,031,403 |
$42,584,830 |
$— |
$55,616,233 |
U.S.
Momentum Factor ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$230,265,664 |
$— |
$— |
$230,265,664 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$27,027 |
$— |
$— |
$27,027
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
U.S.
Quality Factor ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$599,335,232 |
$— |
$— |
$599,335,232 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$55,014 |
$— |
$— |
$55,014
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
U.S.
Value Factor ETF |
|
| ||
|
Level
1
Quoted
prices |
Level
2
Other
significant
observable
inputs |
Level
3
Significant
unobservable
inputs |
Total |
Total
Investments in Securities (a) |
$444,421,930 |
$— |
$— |
$444,421,930 |
Appreciation
in Other Financial Instruments |
|
|
|
|
Futures
Contracts (a) |
$28,231 |
$— |
$— |
$28,231
|
| |
(a) |
Please
refer to the SOI for specifics of portfolio
holdings. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
265
|
|
Investment
Securities
on
Loan, at value,
Presented
on the
Statements
of Assets
and
Liabilities |
Cash
Collateral
Posted
by Borrower* |
Net
Amount Due
to
Counterparty
(not
less than zero) |
BetaBuilders
Canada ETF |
$267,554,005 |
$(267,554,005) |
$— |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
228,806 |
(189,738)** |
39,068 |
BetaBuilders
Europe ETF |
36,958,615 |
(36,958,615) |
— |
BetaBuilders
International Equity ETF |
16,847,367 |
(16,847,367) |
— |
BetaBuilders
Japan ETF |
18,722,079 |
(18,722,079) |
— |
BetaBuilders
U.S. Equity ETF |
2,190,898 |
(2,190,898) |
— |
BetaBuilders
U.S. Mid Cap Equity ETF |
36,819,568 |
(36,819,568) |
— |
BetaBuilders
U.S. Small Cap Equity ETF |
11,082,834 |
(11,082,834) |
— |
Emerging
Markets Equity ETF |
160,016 |
(160,016) |
— |
International
Equity ETF |
3,818,777 |
(3,818,777) |
— |
U.S.
Equity ETF |
380,385 |
(380,385) |
— |
U.S.
Small Cap Equity ETF |
21,395,218 |
(21,395,218) |
— |
International
Growth ETF |
704,050 |
(704,050) |
— |
U.S.
Momentum Factor ETF |
1,103,874 |
(1,103,874) |
— |
U.S.
Quality Factor ETF |
19,486,422 |
(19,486,422) |
— |
266
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Investment
Securities
on
Loan, at value,
Presented
on the
Statements
of Assets
and
Liabilities |
Cash
Collateral
Posted
by Borrower* |
Net
Amount Due
to
Counterparty
(not
less than zero) |
U.S.
Value Factor ETF |
$904,560 |
$(904,560) |
$— |
| |
* |
Collateral
posted reflects the value of securities on loan and does not include any
additional amounts received from the borrower. |
** |
Subsequent
to October 31, 2022, additional collateral was
received. |
ActiveBuilders
Emerging Markets Equity ETF |
$400 |
ActiveBuilders
International Equity ETF |
41 |
BetaBuilders
Canada ETF |
137,053 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
10,604 |
BetaBuilders
Europe ETF |
45,994 |
BetaBuilders
International Equity ETF |
5,668 |
BetaBuilders
Japan ETF |
12,364 |
BetaBuilders
U.S. Equity ETF |
891 |
BetaBuilders
U.S. Mid Cap Equity ETF |
4,290 |
BetaBuilders
U.S. Small Cap Equity ETF |
3,415 |
Emerging
Markets Equity ETF |
328 |
International
Equity ETF |
1,908 |
U.S.
Equity ETF |
1,487 |
U.S.
Mid Cap Equity ETF |
1,156 |
U.S.
Small Cap Equity ETF |
1,762 |
International
Growth ETF |
50 |
U.S.
Momentum Factor ETF |
748 |
U.S.
Quality Factor ETF |
1,270 |
U.S.
Value Factor ETF |
1,237 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
267
|
ActiveBuilders
Emerging Markets Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Prime Money Market Fund
Class
IM Shares, 3.18% (a)
(b) |
$3,609,948 |
$203,538,498 |
$203,699,337 |
$(373)
|
$(227)
|
$3,448,509 |
3,448,164 |
$81,456 |
$— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
1,214,086 |
10,963,596 |
12,177,682 |
— |
— |
— |
— |
1,262* |
— |
Total |
$4,824,034 |
$214,502,094
|
$215,877,019
|
$(373) |
$(227) |
$3,448,509 |
|
$82,718 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
ActiveBuilders
International Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b) |
$429,423 |
$1,867,696 |
$1,980,164 |
$— |
$— |
$316,955 |
316,955 |
$3,898 |
$— |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b) |
124,086 |
1,215,015 |
1,339,101 |
— |
— |
— |
— |
649* |
— |
Total |
$553,509 |
$3,082,711 |
$3,319,265 |
$— |
$— |
$316,955 |
|
$4,547 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
268
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
BetaBuilders
Canada ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities
Lending
Money
Market
Fund
Agency
SL
Class
Shares,
3.23%
(a)
(b) |
$184,490,813 |
$3,564,621,000
|
$3,637,800,000
|
$50,390* |
$— |
$111,362,203 |
111,362,203 |
$3,401,889* |
$— |
JPMorgan
U.S.
Government
Money
Market
Fund
Class IM
Shares,
2.85%
(a)
(b) |
347,161,083 |
6,929,664,529 |
6,937,596,366 |
— |
— |
339,229,246 |
339,229,246 |
1,668,067* |
— |
Total |
$531,651,896
|
$10,494,285,529 |
$10,575,396,366 |
$50,390 |
$— |
$450,591,449
|
|
$5,069,956 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
BetaBuilders
Developed Asia Pacific ex-Japan ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money
Market
Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$110,984,304 |
$296,000,001 |
$406,900,000 |
$(29,882)* |
$33 |
$54,456
|
54,455 |
$34,258* |
$— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
41,285,887 |
468,811,216 |
509,961,821 |
— |
— |
135,282 |
135,282 |
17,434* |
— |
Total |
$152,270,191
|
$764,811,217
|
$916,861,821
|
$(29,882) |
$33 |
$189,738 |
|
$51,692 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
269
|
BetaBuilders
Europe ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities
Lending
Money Market
Fund
Agency SL
Class
Shares, 3.23%
(a)
(b) |
$110,100,856 |
$831,000,000
|
$905,510,000
|
$58,712* |
$8,328 |
$35,657,896 |
35,657,896 |
$854,661
* |
$— |
JPMorgan
U.S.
Government
Money
Market Fund
Class
IM Shares,
2.85%
(a)
(b) |
53,626,708 |
1,696,997,120 |
1,745,854,226 |
— |
— |
4,769,602 |
4,769,602 |
408,987* |
— |
Total |
$163,727,564
|
$2,527,997,120 |
$2,651,364,226 |
$58,712 |
$8,328 |
$40,427,498 |
|
$1,263,648 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
BetaBuilders
International Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending
Money
Market Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$30,493,852 |
$247,500,000 |
$264,000,000 |
$15,970* |
$(98)
|
$14,009,724 |
14,009,724 |
$223,831* |
$— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
4,253,477 |
300,286,412 |
300,687,270 |
— |
— |
3,852,619 |
3,852,619 |
73,709* |
— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
20,389,345 |
216,583,186 |
224,869,532 |
— |
— |
12,102,999 |
12,102,999 |
100,094 |
— |
Total |
$55,136,674 |
$764,369,598
|
$789,556,802
|
$15,970 |
$(98) |
$29,965,342 |
|
$397,634 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
270
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
BetaBuilders
Japan ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending
Money
Market Fund
Agency
SL Class Shares,
3.23%
(a)
(b) |
$9,087,914
|
$533,999,999
|
$533,000,000
|
$30,919* |
$— |
$10,118,832 |
10,118,832 |
$329,748* |
$— |
JPMorgan
U.S. Government
Money
Market Fund
Class
IM Shares, 2.85%
(a)
(b) |
10,903,860 |
706,340,622 |
707,467,432 |
— |
— |
9,777,050 |
9,777,050 |
220,931* |
— |
Total |
$19,991,774 |
$1,240,340,621 |
$1,240,467,432 |
$30,919 |
$— |
$19,895,882 |
|
$550,679 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
BetaBuilders
U.S. Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Chase & Co. (a) |
$9,582,475
|
$8,000,918
|
$1,033,686
|
$(121,190)
|
$(2,675,749)
|
$13,752,768 |
109,253 |
$343,635 |
$— |
JPMorgan
Securities Lending Money
Market
Fund Agency SL
Class
Shares, 3.23% (b)
(c) |
— |
18,000,000 |
16,500,000 |
1,652* |
— |
1,501,652 |
1,501,652 |
8,306* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(b)
(c) |
561,034 |
41,543,792 |
39,866,783 |
— |
— |
2,238,043 |
2,238,043 |
8,833* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(b)
(c) |
2,841,848 |
30,543,278 |
24,519,638 |
— |
— |
8,865,488 |
8,865,488 |
52,099 |
— |
Total |
$12,985,357 |
$98,087,988 |
$81,920,107 |
$(119,538) |
$(2,675,749) |
$26,357,951 |
|
$412,873 |
$— |
| |
(a) |
Investment
in affiliate. This security is included in an index in which the Fund, as
an index fund, tracks. |
(b) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
BetaBuilders
U.S. Mid Cap Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending
Money
Market Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$62,497,450 |
$177,000,000 |
$206,000,000 |
$(9,049)* |
$2,447 |
$33,490,848 |
33,490,848 |
$333,105* |
$— |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
271
|
BetaBuilders
U.S. Mid Cap Equity ETF (continued) | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
$7,753,502 |
$137,173,044 |
$140,833,528 |
$— |
$— |
$4,093,018 |
4,093,018 |
$45,135* |
$— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
4,743,180 |
122,875,312 |
119,909,401 |
— |
— |
7,709,091 |
7,709,091 |
108,633 |
604 |
Total |
$74,994,132 |
$437,048,356
|
$466,742,929
|
$(9,049) |
$2,447 |
$45,292,957 |
|
$486,873 |
$604 |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
BetaBuilders
U.S. Small Cap Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending
Money
Market Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$—
|
$31,000,000 |
$21,000,000 |
$(601)* |
$4,202 |
$10,003,601 |
10,003,601 |
$81,923
* |
$— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
11,679,894 |
71,600,406 |
81,662,200 |
— |
— |
1,618,100 |
1,618,100 |
20,262* |
— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
5,825,244 |
41,722,141 |
39,322,629 |
— |
— |
8,224,756 |
8,224,756 |
71,850 |
— |
Total |
$17,505,138 |
$144,322,547
|
$141,984,829
|
$(601) |
$4,202 |
$19,846,457 |
|
$174,035 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
Carbon
Transition U.S. Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b) |
$9,966 |
$733,754 |
$711,885 |
$— |
$— |
$31,835 |
31,835 |
$285 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
272
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
Climate
Change Solutions ETF | |||||||||
For
the period ended October 31, 2022 | |||||||||
Security
Description |
Value
at
December
13,
2021(a) |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Prime Money Market Fund Class IM
Shares,
3.18% (b)
(c) |
$— |
$241,534 |
$241,510 |
$(24) |
$— |
$— |
— |
$19 |
$— |
| |
(a) |
Commencement
of operations was December 13, 2021. |
(b) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2022. |
Emerging
Markets Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23% (a)
(b) |
$—
|
$200,000
|
$200,000
|
$— |
$— |
$—
|
— |
$8* |
$— |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b) |
449,126 |
1,930,332 |
2,197,301 |
— |
— |
182,157 |
182,157 |
1,740* |
— |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 2.85% (a)
(b) |
703,142 |
1,411,062 |
2,114,204 |
— |
— |
— |
— |
254 |
— |
Total |
$1,152,268 |
$3,541,394 |
$4,511,505 |
$— |
$— |
$182,157 |
|
$2,002 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
International
Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Prime Money Market Fund
Class
IM Shares, 3.18% (a)
(b) |
$332,532
|
$83,910,152 |
$83,671,921 |
$(1,334)
|
$(31) |
$569,398
|
569,342 |
$14,936 |
$42 |
JPMorgan
Securities Lending Money
Market
Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
6,757,673 |
42,500,001 |
47,000,000 |
97* |
1,154 |
2,258,925 |
2,258,925 |
51,178* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
1,350,975 |
84,651,011 |
84,212,362 |
— |
— |
1,789,624 |
1,789,624 |
29,767* |
— |
Total |
$8,441,180 |
$211,061,164
|
$214,884,283
|
$(1,237) |
$1,123 |
$4,617,947 |
|
$95,881 |
$42 |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
273
|
U.S.
Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money
Market
Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$20,205,079 |
$62,500,000 |
$82,500,000 |
$(5,152)* |
$100 |
$200,027
|
200,027 |
$14,413* |
$— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
3,486,227 |
68,028,142 |
71,322,521 |
— |
— |
191,848 |
191,848 |
12,188* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
1,191,071 |
36,056,660 |
36,226,981 |
— |
— |
1,020,750 |
1,020,750 |
8,370 |
— |
Total |
$24,882,377 |
$166,584,802
|
$190,049,502
|
$(5,152) |
$100 |
$1,412,625 |
|
$34,971 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
U.S.
Mid Cap Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 3.23%
(a)
(b) |
$200,580
|
$19,000,000 |
$19,198,428 |
$(2,172)* |
$20 |
$—
|
— |
$11,167* |
$— |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
3,674,212 |
39,023,552 |
42,697,764 |
— |
— |
— |
— |
8,641* |
— |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
356,647 |
15,648,727 |
15,591,320 |
— |
— |
414,054 |
414,054 |
4,349 |
— |
Total |
$4,231,439 |
$73,672,279 |
$77,487,512 |
$(2,172) |
$20 |
$414,054 |
|
$24,157 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
U.S.
Small Cap Equity ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending
Money
Market Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$16,344,863 |
$40,000,000 |
$37,000,000 |
$(4,740)* |
$2,639 |
$19,342,762 |
19,342,762 |
$99,470
* |
$— |
274
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
U.S.
Small Cap Equity ETF (continued) | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
$3,231,887 |
$66,313,191 |
$66,642,581 |
$— |
$— |
$2,902,497 |
2,902,497 |
$20,483* |
$— |
JPMorgan
U.S. Government
Money
Market Fund Class IM
Shares,
2.85% (a)
(b) |
337,403 |
16,987,573 |
16,999,836 |
— |
— |
325,140 |
325,140 |
6,683 |
— |
Total |
$19,914,153 |
$123,300,764
|
$120,642,417
|
$(4,740) |
$2,639 |
$22,570,399 |
|
$126,636 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
International
Growth ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
$—
|
$1,457,003
|
$707,890
|
$— |
$— |
$749,113
|
749,113 |
$3,004* |
$— |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
446,263 |
14,174,050 |
12,165,218 |
— |
— |
2,455,095 |
2,455,095 |
11,767 |
— |
Total |
$446,263 |
$15,631,053 |
$12,873,108 |
$— |
$— |
$3,204,208 |
|
$14,771 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
U.S.
Momentum Factor ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
$1,686,209 |
$17,772,751 |
$18,327,543 |
$— |
$— |
$1,131,417 |
1,131,417 |
$9,209* |
$— |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 2.85% (a)
(b) |
155,476 |
10,198,894 |
10,014,033 |
— |
— |
340,337 |
340,337 |
3,767 |
— |
Total |
$1,841,685 |
$27,971,645 |
$28,341,576 |
$— |
$— |
$1,471,754 |
|
$12,976 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
275
|
U.S.
Quality Factor ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money
Market
Fund Agency SL
Class
Shares, 3.23% (a)
(b) |
$6,249,325 |
$32,000,000 |
$21,750,000 |
$(1,600)* |
$200 |
$16,497,925 |
16,497,925 |
$11,107* |
$— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
1,942,017 |
48,920,874 |
47,174,026 |
— |
— |
3,688,865 |
3,688,865 |
20,005* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares,
2.85%
(a)
(b) |
244,069 |
21,938,281 |
21,396,815 |
— |
— |
785,535 |
785,535 |
9,184 |
— |
Total |
$8,435,411 |
$102,859,155
|
$90,320,841 |
$(1,600) |
$200 |
$20,972,325 |
|
$40,296 |
$— |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
U.S.
Value Factor ETF | |||||||||
For
the year ended October 31, 2022 | |||||||||
Security
Description |
Value
at
October
31,
2021 |
Purchases
at
Cost |
Proceeds
from
Sales |
Net
Realized
Gain
(Loss) |
Change
in
Unrealized
Appreciation/
(Depreciation) |
Value
at
October
31,
2022 |
Shares
at
October
31,
2022 |
Dividend
Income |
Capital
Gain
Distributions |
JPMorgan
Securities Lending Money
Market
Fund Agency SL Class Shares,
3.23%
(a)
(b) |
$7,298,070 |
$41,000,000 |
$48,000,000 |
$(1,206)* |
$208 |
$297,072
|
297,072 |
$13,362* |
$— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares, 2.85%
(a)
(b) |
1,292,238 |
62,420,086 |
63,089,304 |
— |
— |
623,020 |
623,020 |
11,981* |
— |
JPMorgan
U.S. Government Money
Market
Fund Class IM Shares, 2.85%
(a)
(b) |
682,276 |
27,808,698 |
28,113,711 |
— |
— |
377,263 |
377,263 |
11,844 |
74 |
Total |
$9,272,584 |
$131,228,784
|
$139,203,015
|
$(1,206) |
$208 |
$1,297,355 |
|
$37,187 |
$74 |
| |
(a) |
Investment
in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment
Management Inc. |
(b) |
The
rate shown is the current yield as of October 31,
2022. |
* |
Amount
is included on the Statements of Operations as Income from securities
lending (net) (after payments of rebates and Citibank’s
fee). |
276
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
BetaBuilders
Canada
ETF
|
BetaBuilders
Developed
Asia
Pacific
ex-Japan
ETF
|
BetaBuilders
Europe
ETF
|
BetaBuilders
International
Equity
ETF
|
BetaBuilders
Japan
ETF
|
BetaBuilders
U.S.
Equity ETF
|
Futures
Contracts: |
|
|
|
|
|
|
Average
Notional Balance Long |
$31,751,231 |
$24,876,461 |
$54,590,710 |
$25,094,282 |
$61,993,883 |
$5,378,893 |
Ending
Notional Balance Long |
31,144,420 |
11,997,280 |
39,974,320 |
26,343,000 |
74,684,959 |
9,901,650 |
|
BetaBuilders
U.S.
Mid
Cap Equity
ETF
|
BetaBuilders
U.S.
Small
Cap
Equity
ETF
|
Carbon
Transition
U.S.
Equity
ETF
|
Emerging
Markets
Equity
ETF
|
International
Equity
ETF
|
U.S.
Equity
ETF
|
Futures
Contracts: |
|
|
|
|
|
|
Average
Notional Balance Long |
$10,170,527 |
$6,250,340 |
$33,537 |
$385,385 |
$5,446,789 |
$1,349,978 |
Ending
Notional Balance Long |
7,809,280 |
8,616,915 |
38,828 |
128,115 |
3,512,400 |
776,600 |
|
U.S.
Mid
Cap
Equity
ETF
|
U.S.
Small
Cap
Equity
ETF
|
U.S.
Momentum
Factor
ETF
|
U.S.
Quality
Factor
ETF
|
U.S.
Value
Factor
ETF
|
Futures
Contracts: |
|
|
|
|
|
Average
Notional Balance Long |
$509,914 |
$708,292 |
$474,617 |
$882,430 |
$1,314,117 |
Ending
Notional Balance Long |
732,120 |
277,965 |
368,861 |
970,750 |
582,450 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
277
|
|
Paid-in-Capital |
Accumulated
undistributed
(distributions
in
excess
of)
net
investment
income |
Accumulated
net
realized
gains
(losses) |
ActiveBuilders
Emerging Markets Equity ETF |
$—
|
$410,128
|
$(410,128) |
ActiveBuilders
International Equity ETF |
— |
60,218 |
(60,218) |
BetaBuilders
Canada ETF |
87,734,502 |
(3,681,510) |
(84,052,992) |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
24,418,718 |
57,546,913 |
(81,965,631) |
BetaBuilders
Europe ETF |
(146,603,773) |
24,854,990 |
121,748,783 |
BetaBuilders
International Equity ETF |
57,816,611 |
8,894,159 |
(66,710,770) |
BetaBuilders
Japan ETF |
99,478,959 |
(1,774,044) |
(97,704,915) |
BetaBuilders
U.S. Equity ETF |
22,447,627 |
1,009 |
(22,448,636) |
BetaBuilders
U.S. Mid Cap Equity ETF |
151,989,202 |
(1,186,888) |
(150,802,314) |
BetaBuilders
U.S. Small Cap Equity ETF |
23,612,052 |
386,369 |
(23,998,421) |
Carbon
Transition U.S. Equity ETF |
1,958,835 |
— |
(1,958,835) |
Climate
Change Solutions ETF |
— |
(14,718) |
14,718 |
Emerging
Markets Equity ETF |
558,160 |
421,751 |
(979,911) |
International
Equity ETF |
772,631 |
3,102,024 |
(3,874,655) |
U.S.
Equity ETF |
94,771,000 |
— |
(94,771,000) |
U.S.
Mid Cap Equity ETF |
21,589,548 |
501 |
(21,590,049) |
U.S.
Small Cap Equity ETF |
15,321,166 |
16,341 |
(15,337,507) |
International
Growth ETF |
755,369 |
103,578 |
(858,947) |
U.S.
Momentum Factor ETF |
26,671,704 |
— |
(26,671,704) |
U.S.
Quality Factor ETF |
50,266,569 |
— |
(50,266,569) |
U.S.
Value Factor ETF |
21,114,820 |
— |
(21,114,820) |
278
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
|
ActiveBuilders
Emerging Markets Equity ETF |
0.33% |
ActiveBuilders
International Equity ETF |
0.25 |
BetaBuilders
Canada ETF |
0.19 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
0.19 |
BetaBuilders
Europe ETF |
0.09 |
BetaBuilders
International Equity ETF |
0.07 |
BetaBuilders
Japan ETF |
0.19 |
BetaBuilders
U.S. Equity ETF |
0.02 |
BetaBuilders
U.S. Mid Cap Equity ETF |
0.07 |
BetaBuilders
U.S. Small Cap Equity ETF |
0.09 |
Carbon
Transition U.S. Equity ETF |
0.15 |
Climate
Change Solutions ETF |
0.49 |
Emerging
Markets Equity ETF |
0.44 |
International
Equity ETF |
0.37 |
U.S.
Equity ETF |
0.18 |
U.S.
Mid Cap Equity ETF |
0.24 |
U.S.
Small Cap Equity ETF |
0.29 |
International
Growth ETF |
0.55 |
U.S.
Momentum Factor ETF |
0.12 |
U.S.
Quality Factor ETF |
0.12 |
U.S.
Value Factor ETF |
0.12 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
279
|
|
Purchases
(excluding
U.S.
Government) |
Sales
(excluding
U.S.
Government) |
ActiveBuilders
Emerging Markets Equity ETF |
$876,523,814 |
$196,419,701 |
ActiveBuilders
International Equity ETF |
7,751,529 |
7,105,049 |
BetaBuilders
Canada ETF |
304,068,438 |
307,672,456 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
640,910,093 |
570,942,024 |
BetaBuilders
Europe ETF |
533,816,943 |
627,317,990 |
BetaBuilders
International Equity ETF |
178,843,778 |
205,586,155 |
BetaBuilders
Japan ETF |
273,752,351 |
356,530,610 |
BetaBuilders
U.S. Equity ETF |
37,792,764 |
48,907,617 |
BetaBuilders
U.S. Mid Cap Equity ETF |
443,959,019 |
501,708,237 |
BetaBuilders
U.S. Small Cap Equity ETF |
134,510,043 |
139,711,229 |
Carbon
Transition U.S. Equity ETF |
3,575,708 |
6,325,731 |
Climate
Change Solutions ETF |
30,910,489 |
6,719,640 |
Emerging
Markets Equity ETF |
87,017,900 |
53,425,238 |
International
Equity ETF |
213,008,813 |
212,783,406 |
U.S.
Equity ETF |
129,290,389 |
130,233,231 |
U.S.
Mid Cap Equity ETF |
58,409,684 |
58,340,224 |
U.S.
Small Cap Equity ETF |
54,208,638 |
56,119,665 |
International
Growth ETF |
20,123,476 |
19,037,452 |
U.S.
Momentum Factor ETF |
100,193,954 |
101,128,118 |
U.S.
Quality Factor ETF |
83,028,246 |
113,396,428 |
U.S.
Value Factor ETF |
106,388,641 |
168,004,632 |
|
In-Kind
Purchases |
In-Kind
Sales |
ActiveBuilders
Emerging Markets Equity ETF |
$241,083,450
|
$— |
BetaBuilders
Canada ETF |
886,582,863 |
257,516,556 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
462,920,792 |
171,838,304 |
BetaBuilders
Europe ETF |
3,871,787,911 |
7,752,843,277 |
BetaBuilders
International Equity ETF |
266,314,911 |
321,996,669 |
BetaBuilders
Japan ETF |
1,196,516,714 |
597,194,984 |
280
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
In-Kind
Purchases |
In-Kind
Sales |
BetaBuilders
U.S. Equity ETF |
$760,693,522
|
$62,682,578 |
BetaBuilders
U.S. Mid Cap Equity ETF |
576,320,284 |
478,569,608 |
BetaBuilders
U.S. Small Cap Equity ETF |
280,269,069 |
131,916,955 |
Carbon
Transition U.S. Equity ETF |
11,148,861 |
8,480,976 |
Climate
Change Solutions ETF |
2,129,732 |
— |
Emerging
Markets Equity ETF |
15,654,424 |
5,345,668 |
International
Equity ETF |
69,550,129 |
9,900,953 |
U.S.
Equity ETF |
115,197,619 |
274,949,365 |
U.S.
Mid Cap Equity ETF |
118,971,344 |
65,510,857 |
U.S.
Small Cap Equity ETF |
182,789,928 |
43,732,671 |
International
Growth ETF |
25,603,348 |
6,339,797 |
U.S.
Momentum Factor ETF |
160,506,965 |
97,050,874 |
U.S.
Quality Factor ETF |
515,477,365 |
240,153,950 |
U.S.
Value Factor ETF |
367,326,777 |
191,521,643 |
|
Aggregate
Cost |
Gross
Unrealized
Appreciation |
Gross
Unrealized
Depreciation |
Net
Unrealized
Appreciation
(Depreciation) |
ActiveBuilders
Emerging Markets Equity ETF |
$1,205,508,812 |
$17,329,052 |
$316,397,582
|
$(299,068,530) |
ActiveBuilders
International Equity ETF |
27,378,949 |
496,943 |
5,621,732 |
(5,124,789) |
BetaBuilders
Canada ETF |
5,495,743,706 |
800,545,490 |
235,035,028 |
565,510,462 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
4,098,410,779 |
91,519,774 |
790,631,392 |
(699,111,618) |
BetaBuilders
Europe ETF |
4,432,895,158 |
11,861,145 |
916,440,124 |
(904,578,979) |
BetaBuilders
International Equity ETF |
3,015,163,613 |
148,030,737 |
449,594,223 |
(301,563,486) |
BetaBuilders
Japan ETF |
7,825,774,216 |
76,979,741 |
1,742,219,428 |
(1,665,239,687) |
BetaBuilders
U.S. Equity ETF |
1,346,962,947 |
80,315,531 |
148,403,394 |
(68,087,863) |
BetaBuilders
U.S. Mid Cap Equity ETF |
1,516,345,863 |
139,820,601 |
228,489,294 |
(88,668,693) |
BetaBuilders
U.S. Small Cap Equity ETF |
564,415,331 |
43,726,387 |
102,175,237 |
(58,448,850) |
Carbon
Transition U.S. Equity ETF |
20,980,431 |
1,595,225 |
1,653,194 |
(57,969) |
Climate
Change Solutions ETF |
23,176,297 |
416,753 |
4,316,359 |
(3,899,606) |
Emerging
Markets Equity ETF |
180,253,028 |
15,408,518 |
31,978,966 |
(16,570,448) |
International
Equity ETF |
819,337,151 |
29,264,371 |
177,078,627 |
(147,814,256) |
U.S.
Equity ETF |
472,085,890 |
65,924,131 |
30,516,799 |
35,407,332 |
U.S.
Mid Cap Equity ETF |
257,816,164 |
25,812,151 |
16,546,585 |
9,265,566 |
U.S.
Small Cap Equity ETF |
313,769,704 |
21,701,070 |
26,393,443 |
(4,692,373) |
International
Growth ETF |
64,913,086 |
1,894,062 |
11,190,915 |
(9,296,853) |
U.S.
Momentum Factor ETF |
243,278,586 |
13,347,629 |
26,333,524 |
(12,985,895) |
U.S.
Quality Factor ETF |
618,123,055 |
23,830,393 |
42,563,202 |
(18,732,809) |
U.S.
Value Factor ETF |
494,694,815 |
18,774,489 |
69,019,143 |
(50,244,654) |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
281
|
|
Ordinary
Income* |
Net
Long-Term
Capital
Gains |
Total
Distributions
Paid |
ActiveBuilders
Emerging Markets Equity ETF |
$5,165,856 |
$—
|
$5,165,856 |
ActiveBuilders
International Equity ETF |
319,380 |
— |
319,380 |
BetaBuilders
Canada ETF |
152,620,697 |
— |
152,620,697 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
267,459,428 |
— |
267,459,428 |
BetaBuilders
Europe ETF |
309,349,480 |
— |
309,349,480 |
BetaBuilders
International Equity ETF |
124,967,513 |
— |
124,967,513 |
BetaBuilders
Japan ETF |
220,078,396 |
— |
220,078,396 |
BetaBuilders
U.S. Equity ETF |
14,262,272 |
— |
14,262,272 |
BetaBuilders
U.S. Mid Cap Equity ETF |
18,142,752 |
— |
18,142,752 |
BetaBuilders
U.S. Small Cap Equity ETF |
6,135,146 |
— |
6,135,146 |
Carbon
Transition U.S. Equity ETF |
316,660 |
— |
316,660 |
Climate
Change Solutions ETF |
15,288 |
— |
15,288 |
Emerging
Markets Equity ETF |
8,578,159 |
— |
8,578,159 |
International
Equity ETF |
41,010,274 |
— |
41,010,274 |
U.S.
Equity ETF |
12,386,546 |
— |
12,386,546 |
U.S.
Mid Cap Equity ETF |
4,185,258 |
— |
4,185,258 |
U.S.
Small Cap Equity ETF |
2,874,215 |
— |
2,874,215 |
International
Growth ETF |
426,147 |
397,492 |
823,639 |
U.S.
Momentum Factor ETF |
2,634,717 |
— |
2,634,717 |
U.S.
Quality Factor ETF |
6,843,698 |
— |
6,843,698 |
U.S.
Value Factor ETF |
11,652,973 |
— |
11,652,973 |
| |
* |
Short-term
gain distributions are treated as ordinary income for income tax
purposes. |
282
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Ordinary
Income* |
Total
Distributions
Paid |
BetaBuilders
Canada ETF |
$113,624,161 |
$113,624,161 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
130,441,819 |
130,441,819 |
BetaBuilders
Europe ETF |
162,749,406 |
162,749,406 |
BetaBuilders
International Equity ETF |
83,978,586 |
83,978,586 |
BetaBuilders
Japan ETF |
70,569,312 |
70,569,312 |
BetaBuilders
U.S. Equity ETF |
5,799,680 |
5,799,680 |
BetaBuilders
U.S. Mid Cap Equity ETF |
13,365,064 |
13,365,064 |
BetaBuilders
U.S. Small Cap Equity ETF |
2,261,493 |
2,261,493 |
Carbon
Transition U.S. Equity ETF |
242,528 |
242,528 |
Emerging
Markets Equity ETF |
6,292,381 |
6,292,381 |
International
Equity ETF |
25,542,042 |
25,542,042 |
U.S.
Equity ETF |
11,091,933 |
11,091,933 |
U.S.
Mid Cap Equity ETF |
3,596,501 |
3,596,501 |
U.S.
Small Cap Equity ETF |
2,069,847 |
2,069,847 |
International
Growth ETF |
18,324 |
18,324 |
U.S.
Momentum Factor ETF |
1,301,587 |
1,301,587 |
U.S.
Quality Factor ETF |
6,236,190 |
6,236,190 |
U.S.
Value Factor ETF |
9,906,929 |
9,906,929 |
| |
* |
Short-term
gain distributions are treated as ordinary income for income tax
purposes. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
283
|
|
Current
Distributable
Ordinary
Income |
Current
Distributable
Long-Term
Capital
Gain
(Tax
Basis Capital
Loss
Carryover) |
Unrealized
Appreciation
(Depreciation) |
ActiveBuilders
Emerging Markets Equity ETF |
$21,433,618 |
$(55,488,563) |
$(299,301,088) |
ActiveBuilders
International Equity ETF |
691,069 |
(1,919,179) |
(5,128,800) |
BetaBuilders
Canada ETF |
20,455,332 |
(176,305,582) |
565,619,718 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
— |
(174,364,068) |
(698,833,270) |
BetaBuilders
Europe ETF |
3,824,828 |
(242,938,183) |
(905,926,916) |
BetaBuilders
International Equity ETF |
963,322 |
(53,172,345) |
(302,177,299) |
BetaBuilders
Japan ETF |
92,152,354 |
(240,381,239) |
(1,667,220,925) |
BetaBuilders
U.S. Equity ETF |
2,295,223 |
(18,061,541) |
(68,087,863) |
BetaBuilders
U.S. Mid Cap Equity ETF |
3,025,728 |
(153,857,757) |
(88,668,693) |
BetaBuilders
U.S. Small Cap Equity ETF |
954,217 |
(43,329,496) |
(58,448,850) |
Carbon
Transition U.S. Equity ETF |
41,302 |
(1,409,408) |
(57,969) |
Climate
Change Solutions ETF |
212,223 |
(3,132,707) |
(3,900,744) |
Emerging
Markets Equity ETF |
492,234 |
(31,163,663) |
(17,043,519) |
International
Equity ETF |
— |
(128,900,471) |
(147,992,394) |
U.S.
Equity ETF |
1,960,221 |
(36,404,174) |
35,407,332 |
U.S.
Mid Cap Equity ETF |
838,958 |
(13,797,343) |
9,265,566 |
U.S.
Small Cap Equity ETF |
683,633 |
(20,495,839) |
(4,692,373) |
International
Growth ETF |
493,030 |
(9,464,134) |
(9,304,979) |
U.S.
Momentum Factor ETF |
433,785 |
(24,869,271) |
(12,985,895) |
U.S.
Quality Factor ETF |
1,317,073 |
(34,982,731) |
(18,732,809) |
U.S.
Value Factor ETF |
1,583,828 |
(52,972,391) |
(50,244,654) |
284
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Capital
Loss Carryforward Character
| |
|
Short-Term |
Long-Term |
ActiveBuilders
Emerging Markets Equity ETF |
$50,152,798
|
$5,335,765 |
ActiveBuilders
International Equity ETF |
1,474,903 |
444,276 |
BetaBuilders
Canada ETF |
54,415,002 |
121,890,580 |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
95,275,844 |
79,088,224 |
BetaBuilders
Europe ETF |
111,282,137 |
131,656,046 |
BetaBuilders
International Equity ETF |
25,948,932 |
27,223,413 |
BetaBuilders
Japan ETF |
79,312,027 |
161,069,212 |
BetaBuilders
U.S. Equity ETF |
15,995,378 |
2,066,163 |
BetaBuilders
U.S. Mid Cap Equity ETF |
120,310,069 |
33,547,688 |
BetaBuilders
U.S. Small Cap Equity ETF |
35,062,221 |
8,267,275 |
Carbon
Transition U.S. Equity ETF |
1,099,727 |
309,681 |
Climate
Change Solutions ETF |
3,132,707 |
— |
Emerging
Markets Equity ETF |
26,014,239 |
5,149,424 |
International
Equity ETF |
50,182,642 |
78,717,829 |
U.S.
Equity ETF |
27,942,518 |
8,461,656 |
U.S.
Mid Cap Equity ETF |
12,737,239 |
1,060,104 |
U.S.
Small Cap Equity ETF |
15,236,353 |
5,259,486 |
International
Growth ETF |
6,482,137 |
2,981,997 |
U.S.
Momentum Factor ETF |
22,566,377 |
2,302,894 |
U.S.
Quality Factor ETF |
26,963,158 |
8,019,573 |
U.S.
Value Factor ETF |
44,202,604 |
8,769,787 |
|
Capital
Loss Utilized
| |
|
Short-Term |
Long-Term |
U.S.
Equity ETF |
$— |
$3,008,424 |
U.S.
Mid Cap Equity ETF |
— |
3,252,019 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
285
|
|
JPMorgan
SmartRetirement
Funds |
JPMorgan
SmartRetirement
Blend
Funds |
ActiveBuilders
Emerging Markets Equity ETF |
73.8% |
—% |
BetaBuilders
International Equity ETF |
— |
81.2 |
BetaBuilders
U.S. Mid Cap Equity ETF |
54.9 |
39.1 |
BetaBuilders
U.S. Small Cap Equity ETF |
— |
91.1 |
|
%
of Ownership |
ActiveBuilders
International Equity ETF |
78% |
Carbon
Transition U.S. Equity ETF |
75 |
Climate
Change Solutions ETF |
84 |
286
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
ActiveBuilders
Emerging
Markets
Equity
ETF |
ActiveBuilders
International
Equity
ETF |
BetaBuilders
Canada
ETF |
BetaBuilders
Developed
Asia
Pacific
ex-Japan
ETF |
BetaBuilders
Europe
ETF |
BetaBuilders
International
Equity
ETF |
BetaBuilders
Japan
ETF |
Australia |
—% |
—% |
—% |
59.3% |
—% |
—% |
—% |
Canada |
— |
— |
96.1 |
— |
— |
— |
— |
China |
25.8 |
— |
— |
— |
— |
— |
— |
France |
— |
12.1 |
— |
— |
16.1 |
10.2 |
— |
Germany |
— |
— |
— |
— |
11.4 |
— |
— |
Hong
Kong |
— |
— |
— |
17.0 |
— |
— |
— |
India |
14.3 |
— |
— |
— |
— |
— |
— |
Japan |
— |
19.1 |
— |
— |
— |
23.8 |
100.0 |
Singapore |
— |
— |
— |
11.2 |
— |
— |
— |
South
Korea |
11.9 |
— |
— |
— |
— |
— |
— |
Taiwan |
14.7 |
— |
— |
— |
— |
— |
— |
United
Kingdom |
— |
12.5 |
— |
— |
19.0 |
12.1 |
— |
|
Emerging
Markets
Equity
ETF |
International
Equity
ETF |
International
Growth
ETF |
Australia |
—% |
10.7% |
—% |
China |
22.1 |
— |
— |
India |
11.8 |
— |
— |
Japan |
— |
30.2 |
11.7 |
United
Kingdom |
— |
16.1 |
13.2 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
287
|
288
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
JPMorgan
ActiveBuilders Emerging Markets Equity ETF(1) |
JPMorgan
ActiveBuilders International Equity ETF(2) |
JPMorgan
BetaBuilders Canada ETF(3) |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known as
JPMorgan BetaBuilders Developed Asia ex-Japan
ETF)(3) |
JPMorgan
BetaBuilders Europe ETF(3) |
JPMorgan
BetaBuilders International Equity ETF(3) |
JPMorgan
BetaBuilders Japan ETF(3) |
JPMorgan
BetaBuilders U.S. Equity ETF(3) |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF(3) |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF(4) |
JPMorgan
Carbon Transition U.S. Equity ETF(5) |
JPMorgan
Climate Change Solutions ETF(6) |
JPMorgan
Diversified Return Emerging Markets Equity ETF(3) |
JPMorgan
Diversified Return International Equity ETF(3) |
JPMorgan
Diversified Return U.S. Equity ETF(3) |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF(3) |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF(3) |
JPMorgan
International Growth ETF(3) |
JPMorgan
U.S. Momentum Factor ETF(3) |
JPMorgan
U.S. Quality Factor ETF(3) |
JPMorgan
U.S. Value Factor ETF(3) |
(1) |
Statement
of operations for the year ended October 31, 2022, and statement of
changes in net assets for the year ended October 31, 2022 and
the
period March 10, 2021 (commencement of operations) through October 31,
2021 |
(2) |
Statement
of operations for the year ended October 31, 2022, and statement of
changes in net assets for the year ended October 31, 2022 and
the
period July 7, 2021 (commencement of operations) through October 31,
2021 |
(3) |
Statement
of operations for the year ended October 31, 2022 and statement of changes
in net assets for the years ended October 31, 2022 and
October
31, 2021 |
(4) |
Statement
of operations for the year ended October 31, 2022, and statement of
changes in net assets for the year ended October 31, 2022 and
the
period November 16, 2020 (commencement of operations) through October 31,
2021 |
(5) |
Statement
of operations for the year ended October 31, 2022, and statement of
changes in net assets for the year ended October 31, 2022 and
the
period December 9, 2020 (commencement of operations) through October 31,
2021 |
(6) |
Statement
of operations and statement of changes in net assets for the period
December 13, 2021 (commencement of operations) through
October
31, 2022 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
289
|
290
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
Name
(Year of Birth);
Positions
With
the
Funds (1) |
Principal
Occupation
During
Past 5 Years |
Number
of
Funds
in Fund
Complex
Overseen
by
Trustee (2) |
Other
Directorships Held
During
the Past 5 Years |
Independent
Trustees |
|
|
|
John
F. Finn (1947); Chair
since
2020; Trustee since
1998. |
Chairman,
Gardner, Inc. (supply chain
management
company serving industrial and
consumer
markets) (serving in various roles
1974-present). |
166 |
Director,
Greif, Inc. (GEF) (industrial
package
products and services)
(2007-present);
Trustee, Columbus
Association
for the Performing Arts
(1988-present). |
Stephen
P. Fisher (1959);
Trustee
since 2018. |
Retired;
Chairman and Chief Executive Officer,
NYLIFE
Distributors LLC (registered
broker-dealer)
(serving in various roles
2008-2013);
Chairman, NYLIM Service
Company
LLC (transfer agent) (2008-2017);
New
York Life Investment Management LLC
(registered
investment adviser) (serving in
various
roles 2005-2017); Chairman, IndexIQ
Advisors
LLC (registered investment adviser
for
ETFs) (2014-2017); President, MainStay VP
Funds
Trust (2007-2017), MainStay
DefinedTerm
Municipal Opportunities Fund
(2011-2017)
and MainStay Funds Trust
(2007-2017)
(registered investment
companies). |
166 |
Honors
Program Advisory Board
Member,
The Zicklin School of Business,
Baruch
College, The City University of
New
York (2017-present). |
Gary
L. French (1951);
Trustee
since 2014. |
Real
Estate Investor (2011-2020); Investment
management
industry Consultant and Expert
Witness
(2011-present); Senior Consultant for
The
Regulatory Fundamentals Group LLC
(2011-2017). |
166 |
Independent
Trustee, The China Fund,
Inc.
(2013-2019); Exchange Traded
Concepts
Trust II (2012-2014); Exchange
Traded
Concepts Trust I (2011-2014). |
Kathleen
M. Gallagher (1958);
Trustee
since 2018. |
Retired;
Chief Investment Officer — Benefit
Plans,
Ford Motor Company (serving in various
roles
1985-2016). |
166 |
Non-
Executive Director, Legal &
General
Investment Management
(Holdings)
(2018-present);
Non-Executive
Director, Legal &
General
Investment Management
America
(U.S. Holdings) (financial
services
and insurance) (2017-present);
Advisory
Board Member, State Street
Global
Advisors Total Portfolio
Solutions
(2017-present); Member,
Client
Advisory Council, Financial
Engines,
LLC (registered investment
adviser)
(2011-2016); Director, Ford
Pension
Funds Investment
Management
Ltd. (2007-2016). |
Robert
J. Grassi (1957);
Trustee
since 2014. |
Sole
Proprietor, Academy Hills Advisors LLC
(2012-present);
Pension Director, Corning
Incorporated
(2002-2012). |
166 |
None |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
291
|
Name
(Year of Birth);
Positions
With
the
Funds (1) |
Principal
Occupation
During
Past 5 Years |
Number
of
Funds
in Fund
Complex
Overseen
by
Trustee (2) |
Other
Directorships Held
During
the Past 5 Years |
Frankie
D. Hughes (1952);
Trustee
since 2008. |
President,
Ashland Hughes Properties
(property
management) (2014-present);
President
and Chief Investment Officer,
Hughes
Capital Management, Inc. (fixed
income
asset management) (1993-2014). |
166 |
None |
Raymond
Kanner (1953);
Trustee
since 2017. |
Retired;
Managing Director and Chief
Investment
Officer, IBM Retirement Funds
(2007-2016). |
166 |
Advisory
Board Member, Penso
Advisors,
LLC (2020-present); Advisory
Board
Member, Los Angeles Capital
(2018-present);
Advisory Board
Member,
State Street Global Advisors
Total
Portfolio Solutions (2017-
present);
Acting Executive Director,
Committee
on Investment of Employee
Benefit
Assets (CIEBA) (2016-2017);
Advisory
Board Member, Betterment
for
Business (robo advisor) (2016-
2017);
Advisory Board Member,
BlueStar
Indexes (index creator)
(2013-2017);
Director, Emerging
Markets
Growth Fund (registered
investment
company) (1997-2016);
Member,
Russell Index Client Advisory
Board
(2001-2015). |
Thomas
P. Lemke (1954);
Trustee
since 2014. |
Retired
since 2013. |
166 |
(1)
Independent Trustee of Advisors’
Inner
Circle III fund platform, consisting
of
the following: (i) the Advisors’ Inner
Circle
Fund III, (ii) the Gallery Trust, (iii)
the
Schroder Series Trust, (iv) the
Delaware
Wilshire Private Markets Fund
(since
2020), (v) Chiron Capital
Allocation
Fund Ltd., and (vi) formerly
the
Winton Diversified Opportunities
Fund
(2014-2018); and (2) Independent
Trustee
of the Symmetry Panoramic
Trust
(since 2018). |
Lawrence
R. Maffia (1950);
Trustee
since 2014 |
Retired;
Director and President, ICI Mutual
Insurance
Company (2006-2013). |
166 |
Director,
ICI Mutual Insurance Company
(1999-2013). |
Mary
E. Martinez (1960); Vice
Chair
since 2021; Trustee
since
2013. |
Associate,
Special Properties, a Christie’s
International
Real Estate Affiliate
(2010-present);
Managing Director, Bank of
America
(asset management) (2007-2008);
Chief
Operating Officer, U.S. Trust Asset
Management,
U.S. Trust Company (asset
management)
(2003-2007); President,
Excelsior
Funds (registered investment
companies)
(2004-2005). |
166 |
None |
Marilyn
McCoy (1948);
Trustee
since 2005. |
Vice
President of Administration and Planning,
Northwestern
University (1985-present). |
166 |
None |
292
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
Name
(Year of Birth);
Positions
With
the
Funds (1) |
Principal
Occupation
During
Past 5 Years |
Number
of
Funds
in Fund
Complex
Overseen
by
Trustee (2) |
Other
Directorships Held
During
the Past 5 Years |
Dr.
Robert A. Oden, Jr.
(1946);
Trustee
since
2005. |
Retired;
President, Carleton College
(2002-2010);
President, Kenyon College
(1995-2002). |
166 |
Trustee,
The Coldwater Conservation
Fund
(2017-present); Trustee, American
Museum
of Fly Fishing (2013-present);
Trustee
and Vice Chair, Trout Unlimited
(2017-2021);Trustee,
Dartmouth-
Hitchcock
MedicalCenter (2011-2020). |
Marian
U. Pardo* (1946);
Trustee
since 2013. |
Managing
Director and Founder, Virtual
Capital
Management LLC (investment
consulting)
(2007-present); Managing Director,
Credit
Suisse Asset Management (portfolio
manager)
(2003-2006). |
166 |
Board
Chair and Member, Board of
Governors,
Columbus Citizens
Foundation
(not-for-profit supporting
philanthropic
and cultural programs)
(2006-present). |
Emily
A. Youssouf (1951);
Trustee
since 2022. |
Adjunct
Professor (2011-present) and Clinical
Professor
(2009-2011), NYU Schack Institute of
Real
Estate; Board Member and Member of the
Audit
Committee (2013–present), Chair of
Finance
Committee (2019-present), Member of
Related
Parties Committee (2013-2018) and
Member
of the Enterprise Risk Committee
(2015-2018),
PennyMac Financial Services, Inc.;
Board
Member (2005-2018), Chair of Capital
Committee
(2006-2016), Chair of Audit
Committee
(2005-2018), Member of Finance
Committee
(2005-2018) and Chair of IT
Committee
(2016-2018), NYC Health and
Hospitals
Corporation. |
166 |
Trustee,
NYC School Construction
Authority
(2009-present); Board
Member,
NYS Job Development
Authority
(2008-present); Trustee and
Chair
of the Audit Committee of the
Transit
Center Foundation (2015-2019). |
Interested
Trustees |
|
|
|
Robert
F. Deutsch** (1957);
Trustee
since 2014. |
Retired;
Head of ETF Business for JPMorgan
Asset
Management (2013-2017); Head of
Global
Liquidity Business for JPMorgan Asset
Management
(2003-2013). |
166 |
Treasurer
and Director of the JUST
Capital
Foundation (2017-present). |
Nina
O. Shenker** (1957);
Trustee
since 2022. |
Vice
Chair (2017-2021), General Counsel and
Managing
Director (2008-2016), Associate
General
Counsel and Managing Director
(2004-2008),
J.P. Morgan Asset & Wealth
Management. |
166 |
Director
and Member of Legal and
Human
Resources Subcommittees,
American
Jewish Joint Distribution
Committee
(2018-present). |
| |||
(1) |
The
year shown is the first year in which a Trustee became a member of any of
the following: the Mutual Fund Board, the ETF Board, the
heritage
J.P. Morgan Funds or the heritage One Group Mutual Funds. Trustees serve
an indefinite term, until resignation, retirement, removal or
death.
The Board’s current retirement policy sets retirement at the end of the
calendar year in which the Trustee attains the age of 75, provided
that
any Board member who was a member of the Mutual Fund Board prior to
January 1, 2022 and was born prior to January 1, 1950 shall retire
from
the Board at the end of the calendar year in which the Trustee attains the
age of 78. | ||
(2) |
A
Fund Complex means two or more registered investment companies that hold
themselves out to investors as related companies for purposes
of
investment and investor services or have a common investment adviser or
have an investment adviser that is an affiliated person of the
investment
adviser of any of the other registered investment companies. The J.P.
Morgan Funds Complex for which the Board of Trustees serves
currently
includes nine registered investment companies (166 J.P. Morgan
Funds). | ||
* |
In
connection with prior employment with JPMorgan Chase, Ms. Pardo was the
recipient of non-qualified pension plan payments from JPMorgan
Chase
in the amount of approximately $2,055 per month, which she irrevocably
waived effective January 1, 2013, and deferred compensation
payments
from JPMorgan Chase in the amount of approximately $7,294 per year, which
ended in January 2013. In addition, Ms. Pardo receives
payments
from a fully-funded qualified plan, which is not an obligation of JPMorgan
Chase. | ||
** |
Designation
as an “Interested Trustee” is based on prior employment by the Adviser or
an affiliate of the Adviser or interests in a control person
of
the Adviser. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
293
|
|
The
contact address for each of the Trustees is 277 Park Avenue, New York, NY
10172. |
294
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
Name
(Year of Birth),
Positions
Held with
the
Trust (Since) |
Principal
Occupations During Past 5 Years |
Brian
S. Shlissel (1964),
President
and Principal Executive
Officer
(2021)* |
Managing
Director and Chief Administrative Officer for J.P. Morgan pooled vehicles,
J.P. Morgan Investment
Management
Inc. since 2014. |
Timothy
J. Clemens (1975),
Treasurer
and Principal Financial
Officer
(2020) |
Executive
Director, J.P. Morgan Investment Management Inc. since February 2016. Mr.
Clemens has been with
J.P.
Morgan Investment Management Inc. since 2013. |
Gregory
S. Samuels (1980),
Secretary
(2022) **(formerly
Assistant
Secretary
2014-2022) |
Managing
Director and Assistant General Counsel, JPMorgan Chase & Co. Mr.
Samuels has been with
JPMorgan
Chase & Co. since 2010. |
Stephen
M. Ungerman (1953),
Chief
Compliance Officer (2014) |
Managing
Director, JPMorgan Chase & Co. Mr. Ungerman has been with JPMorgan
Chase & Co. since 2000. |
Kiesha
Astwood-Smith (1973),
Assistant
Secretary (2021)** |
Vice
President and Assistant General Counsel, JPMorgan Chase & Co. since
June 2021; Senior Director and
Counsel,
Equitable Financial Life Insurance Company (formerly, AXA Equitable Life
Insurance Company) from
September
2015 through June 2021. |
Matthew
Beck (1988),
Assistant
Secretary (2021)*** |
Vice
President and Assistant General Counsel, JPMorgan Chase & Co. since
May 2021; Senior Legal Counsel,
Ultimus
Fund Solutions from May 2018 through May 2021; General Counsel, The
Nottingham Company from
April
2014 through May 2018. |
Elizabeth
A. Davin (1964),
Assistant
Secretary (2022)***
(formerly
Secretary 2018-2022) |
Executive
Director and Assistant General Counsel, JPMorgan Chase & Co. Ms. Davin
has been with JPMorgan
Chase
& Co. (formerly Bank One Corporation) since
2004. |
Jessica
K. Ditullio (1962),
Assistant
Secretary (2014)*** |
Executive
Director and Assistant General Counsel, JPMorgan Chase & Co. Ms.
Ditullio has been with JPMorgan
Chase
& Co. (formerly Bank One Corporation) since
1990. |
Anthony
Geron (1971),
Assistant
Secretary (2019)** |
Vice
President and Assistant General Counsel, JPMorgan Chase & Co. since
September 2018; Lead Director
and
Counsel, AXA Equitable Life Insurance Company from 2015 to 2018 and Senior
Director and Counsel, AXA
Equitable
Life Insurance Company from 2014 to 2015. |
Carmine
Lekstutis (1980),
Assistant
Secretary (2014)** |
Executive
Director and Assistant General Counsel, JPMorgan Chase & Co. Mr.
Lekstutis has been with
JPMorgan
Chase & Co. since 2011. |
Max
Vogel (1990),
Assistant
Secretary (2021)** |
Vice
President and Assistant General Counsel, JPMorgan Chase & Co. since
June 2021; Associate, Proskauer
Rose
LLP (law firm) from March 2017 to June 2021. |
Zachary
E. Vonnegut-Gabovitch
(1986),
Assistant
Secretary (2017)** |
Vice
President and Assistant General Counsel, JPMorgan Chase & Co. since
September 2016. |
Frederick
J. Cavaliere (1978),
Assistant
Treasurer (2015)* |
Executive
Director, J.P. Morgan Investment Management Inc. Mr. Cavaliere has been
with JPMorgan Chase &
Co.
since May 2006. |
Michael
M. D’Ambrosio (1969),
Assistant
Treasurer (2014) |
Managing
Director, J.P. Morgan Investment Management Inc. Mr. D’Ambrosio has been
with J.P. Morgan
Investment
Management Inc. since 2012. |
Shannon
Gaines (1977),
Assistant
Treasurer (2019)*** |
Vice
President, J.P. Morgan Investment Management Inc. since January
2014. |
Nektarios
E. Manolakakis (1972),
Assistant
Treasurer (2020) |
Executive
Director, J.P. Morgan Investment Management Inc. since February 2021,
formerly Vice President, J.P.
Morgan
Investment Mangement Inc. since 2014; Vice President, J.P. Morgan
Corporate & Investment Bank
2010-2014. |
Todd
McEwen (1981),
Assistant
Treasurer (2020)*** |
Vice
President, J.P. Morgan Investment Management Inc. Mr. McEwen has been with
J.P. Morgan Investment
Management
Inc. since 2010. |
| |
The
contact address for each of the officers, unless otherwise noted, is 277
Park Avenue, New York, NY 10172. | |
* |
The
contact address for the officer is 575 Washington Boulevard, Jersey City,
NJ 07310. |
** |
The
contact address for the officer is 4 New York Plaza, New York, NY
10004. |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
295
|
*** |
The
contact address for the officer is 1111 Polaris Parkway, Columbus, OH
43240. |
296
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Beginning
Account
Value
May
1, 2022 |
Ending
Account
Value
October
31, 2022 |
Expenses
Paid
During
the
Period*
|
Annualized
Expense
Ratio |
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
|
|
|
|
Actual |
$1,000.00 |
$815.10 |
$1.56 |
0.34% |
Hypothetical |
1,000.00 |
1,023.49 |
1.73 |
0.34 |
JPMorgan
ActiveBuilders International Equity ETF |
|
|
|
|
Actual |
1,000.00 |
887.30 |
1.19 |
0.25 |
Hypothetical |
1,000.00 |
1,023.94 |
1.28 |
0.25 |
JPMorgan
BetaBuilders Canada ETF |
|
|
|
|
Actual |
1,000.00 |
898.90 |
0.96 |
0.20 |
Hypothetical |
1,000.00 |
1,024.20 |
1.02 |
0.20 |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF
(formerly
known as JPMorgan BetaBuilders Developed Asia
ex-Japan
ETF) |
|
|
|
|
Actual |
1,000.00 |
851.30 |
0.93 |
0.20 |
Hypothetical |
1,000.00 |
1,024.20 |
1.02 |
0.20 |
JPMorgan
BetaBuilders Europe ETF |
|
|
|
|
Actual |
1,000.00 |
881.70 |
0.47 |
0.10 |
Hypothetical |
1,000.00 |
1,024.70 |
0.51 |
0.10 |
JPMorgan
BetaBuilders International Equity ETF |
|
|
|
|
Actual |
1,000.00 |
881.10 |
0.33 |
0.07 |
Hypothetical |
1,000.00 |
1,024.85 |
0.36 |
0.07 |
JPMorgan
BetaBuilders Japan ETF |
|
|
|
|
Actual |
1,000.00 |
894.60 |
0.96 |
0.20 |
Hypothetical |
1,000.00 |
1,024.20 |
1.02 |
0.20 |
JPMorgan
BetaBuilders U.S. Equity ETF |
|
|
|
|
Actual |
1,000.00 |
940.40 |
0.15 |
0.03 |
Hypothetical |
1,000.00 |
1,025.05 |
0.15 |
0.03 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
297
|
|
Beginning
Account
Value
May
1, 2022 |
Ending
Account
Value
October
31, 2022 |
Expenses
Paid
During
the
Period* |
Annualized
Expense
Ratio |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
|
|
|
|
Actual |
$1,000.00 |
$955.70 |
$0.35 |
0.07% |
Hypothetical |
1,000.00 |
1,024.85 |
0.36 |
0.07 |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
|
|
|
|
Actual |
1,000.00 |
997.20 |
0.45 |
0.09 |
Hypothetical |
1,000.00 |
1,024.75 |
0.46 |
0.09 |
JPMorgan
Carbon Transition U.S. Equity ETF |
|
|
|
|
Actual |
1,000.00 |
950.00 |
0.74 |
0.15 |
Hypothetical |
1,000.00 |
1,024.45 |
0.77 |
0.15 |
JPMorgan
Climate Change Solutions ETF |
|
|
|
|
Actual |
1,000.00 |
941.20 |
2.40 |
0.49 |
Hypothetical |
1,000.00 |
1,022.73 |
2.50 |
0.49 |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
|
|
|
|
Actual |
1,000.00 |
886.80 |
2.14 |
0.45 |
Hypothetical |
1,000.00 |
1,022.94 |
2.29 |
0.45 |
JPMorgan
Diversified Return International Equity ETF |
|
|
|
|
Actual |
1,000.00 |
847.20 |
1.77 |
0.38 |
Hypothetical |
1,000.00 |
1,023.29 |
1.94 |
0.38 |
JPMorgan
Diversified Return U.S. Equity ETF |
|
|
|
|
Actual |
1,000.00 |
957.40 |
0.89 |
0.18 |
Hypothetical |
1,000.00 |
1,024.30 |
0.92 |
0.18 |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
|
|
|
|
Actual |
1,000.00 |
957.30 |
1.23 |
0.25 |
Hypothetical |
1,000.00 |
1,023.94 |
1.28 |
0.25 |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
|
|
|
|
Actual |
1,000.00 |
990.10 |
1.50 |
0.30 |
Hypothetical |
1,000.00 |
1,023.69 |
1.53 |
0.30 |
JPMorgan
International Growth ETF |
|
|
|
|
Actual |
1,000.00 |
853.40 |
2.62 |
0.56 |
Hypothetical |
1,000.00 |
1,022.38 |
2.85 |
0.56 |
JPMorgan
U.S. Momentum Factor ETF |
|
|
|
|
Actual |
1,000.00 |
966.60 |
0.64 |
0.13 |
Hypothetical |
1,000.00 |
1,024.55 |
0.66 |
0.13 |
JPMorgan
U.S. Quality Factor ETF |
|
|
|
|
Actual |
1,000.00 |
963.80 |
0.59 |
0.12 |
Hypothetical |
1,000.00 |
1,024.60 |
0.61 |
0.12 |
JPMorgan
U.S. Value Factor ETF |
|
|
|
|
Actual |
1,000.00 |
955.70 |
0.59 |
0.12 |
Hypothetical |
1,000.00 |
1,024.60 |
0.61 |
0.12 |
| |
* |
Expenses
are equal to the Fund’s annualized expense ratio, multiplied by the
average account value over the period, multiplied by 184/365 (to
reflect
the one-half year
period). |
298
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
299
|
300
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
301
|
302
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
303
|
|
Dividends
Received
Deduction |
JPMorgan
BetaBuilders U.S. Equity ETF |
100.00% |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
76.69 |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
81.44 |
JPMorgan
Carbon Transition U.S. Equity ETF |
100.00 |
JPMorgan
Climate Change Solutions ETF |
100.00 |
JPMorgan
Diversified Return U.S. Equity ETF |
96.02 |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
97.60 |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
83.24 |
JPMorgan
U.S. Momentum Factor ETF |
100.00 |
JPMorgan
U.S. Quality Factor ETF |
100.00 |
JPMorgan
U.S. Value Factor ETF |
92.68 |
|
Long-Term
Capital
Gain
Distribution |
JPMorgan
International Growth ETF |
$397,492 |
|
Qualified
Dividend
Income |
JPMorgan
ActiveBuilders Emerging Markets Equity
ETF |
$8,301,765 |
JPMorgan
ActiveBuilders International Equity ETF |
416,997 |
JPMorgan
BetaBuilders Canada ETF |
177,352,285 |
JPMorgan
BetaBuilders Developed Asia Pacific
ex-Japan
ETF |
171,140,032 |
JPMorgan
BetaBuilders Europe ETF |
237,373,501 |
JPMorgan
BetaBuilders International Equity ETF |
86,689,115 |
JPMorgan
BetaBuilders Japan ETF |
148,456,869 |
JPMorgan
BetaBuilders U.S. Equity ETF |
14,262,272 |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
14,168,125 |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
5,040,020 |
JPMorgan
Carbon Transition U.S. Equity ETF |
316,660 |
JPMorgan
Climate Change Solutions ETF |
41,135 |
JPMorgan
Diversified Return Emerging Markets
Equity
ETF |
4,103,994 |
JPMorgan
Diversified Return International Equity
ETF |
24,448,633 |
JPMorgan
Diversified Return U.S. Equity ETF |
12,195,450 |
JPMorgan
Diversified Return U.S. Mid Cap Equity
ETF |
4,166,977 |
JPMorgan
Diversified Return U.S. Small Cap Equity
ETF |
2,440,745 |
JPMorgan
International Growth ETF |
497,189 |
JPMorgan
U.S. Momentum Factor ETF |
2,634,717 |
JPMorgan
U.S. Quality Factor ETF |
6,843,698 |
JPMorgan
U.S. Value Factor ETF |
11,148,763 |
|
199A
Income |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
$221,521 |
JPMorgan
Diversified Return U.S. Equity ETF |
114,617 |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
81,307 |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
245,996 |
JPMorgan
U.S. Momentum Factor ETF |
38,335 |
304
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2022
|
|
Total
Foreign
Source
Income |
Foreign
Tax
Credit |
JPMorgan
ActiveBuilders
Emerging
Markets Equity ETF |
$28,935,718 |
$3,135,909 |
JPMorgan
ActiveBuilders
International
Equity ETF |
957,277 |
97,617 |
JPMorgan
BetaBuilders Canada
ETF |
195,377,694 |
26,619,434 |
JPMorgan
BetaBuilders Developed
Asia
Pacific ex-Japan ETF |
219,960,754 |
1,402,398 |
JPMorgan
BetaBuilders Europe
ETF |
296,284,969 |
24,164,684 |
JPMorgan
BetaBuilders
International
Equity ETF |
104,894,479 |
7,583,518 |
JPMorgan
BetaBuilders Japan ETF |
180,498,770 |
17,053,858 |
JPMorgan
Climate Change
Solutions
ETF |
259,565 |
25,847 |
JPMorgan
Diversified Return
Emerging
Markets Equity ETF |
8,832,528 |
896,552 |
|
Total
Foreign
Source
Income |
Foreign
Tax
Credit |
JPMorgan
Diversified Return
International
Equity ETF |
$34,445,430 |
$1,559,258 |
JPMorgan
International Growth
ETF |
899,045 |
71,041 |
October
31, 2022
|
J.P.
Morgan Exchange-Traded Funds
|
305
|