See
notes
to
financial
statements.
iShares
ESG
MSCI
USA
Min
Vol
Factor
ETF
iShares
MSCI
USA
Min
Vol
Factor
ETF
ASSETS
Investments,
at
value
—
unaffiliated
(a)
(b)
....................................................................
$
8,443,394
$
28,755,174,721
Investments,
at
value
—
affiliated
(c)
.......................................................................
118,932
179,257,015
Cash
...........................................................................................
16
5,010
Cash
pledged:
Futures
contracts
.................................................................................
—
2,778,000
Receivables:
Securities
lending
income
—
affiliated
...................................................................
2
18,035
Dividends
—
unaffiliated
............................................................................
9,995
33,248,883
Dividends
—
affiliated
..............................................................................
54
183,209
Interest
—
unaffiliated
..............................................................................
58
4,837
Variation
margin
on
futures
contracts
....................................................................
—
110,590
Total
assets
......................................................................................
8,572,451
28,970,780,300
LIABILITIES
Collateral
on
securities
loaned
..........................................................................
106,858
128,207,337
Payables:
Investments
purchased
.............................................................................
—
32,058,159
Capital
shares
redeemed
............................................................................
—
555,266
Investment
advisory
fees
............................................................................
1,170
3,705,725
Total
liabilities
.....................................................................................
108,028
164,526,487
Commitments
and
contingent
liabilities
NET
ASSETS
.....................................................................................
$
8,464,423
$
28,806,253,813
NET
ASSETS
CONSIST
OF:
Paid-in
capital
.....................................................................................
$
8,622,693
$
29,186,442,654
Accumulated
loss
..................................................................................
(
158,270
)
(
380,188,841
)
NET
ASSETS
.....................................................................................
$
8,464,423
$
28,806,253,813
NET
ASSET
VALUE
Shares
outstanding
.................................................................................
350,000
382,400,000
Net
asset
value
....................................................................................
$
24.18
$
75.33
Shares
authorized
..................................................................................
Unlimited
Unlimited
Par
value
........................................................................................
None
None
(a)
Securities
loaned,
at
value
..........................................................................
$
108,688
$
125,155,080
(b)
Investments,
at
cost
—
unaffiliated
.....................................................................
$
8,230,458
$
26,417,663,662
(c)
Investments,
at
cost
—
affiliated
.......................................................................
$
118,932
$
179,188,329