Fund
|
Ticker
|
Listing
Exchange
|
JPMorgan
BetaBuilders Canada ETF |
BBCA |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF |
BBAX |
Cboe
BZX Exchange, Inc. |
JPMorgan
BetaBuilders Emerging Markets Equity ETF |
BBEM |
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, Inc. |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
BBSC |
NYSE
Arca, Inc. |
JPMorgan
Carbon Transition U.S. Equity ETF |
JCTR |
NYSE
Arca, Inc. |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
JPEM |
NYSE
Arca, Inc. |
JPMorgan
Diversified Return International Equity ETF |
JPIN |
NYSE
Arca, Inc. |
JPMorgan
Diversified Return U.S. Equity ETF |
JPUS |
NYSE
Arca, Inc. |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
JPME |
NYSE
Arca, Inc. |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
JPSE |
NYSE
Arca, Inc. |
JPMorgan
U.S. Momentum Factor ETF |
JMOM |
NYSE
Arca, Inc. |
JPMorgan
U.S. Quality Factor ETF |
JQUA |
NYSE
Arca, Inc. |
JPMorgan
U.S. Value Factor ETF |
JVAL |
NYSE
Arca, Inc. |
|
|
1 | |
2 | |
| |
3 | |
6 | |
9 | |
12 | |
15 | |
18 | |
21 | |
24 | |
27 | |
30 | |
33 | |
36 | |
39 | |
42 | |
45 | |
48 | |
51 | |
54 | |
57 | |
201 | |
220 | |
230 | |
265 | |
267 | |
271 | |
273 | |
275 | |
276 | |
281 | |
283 |
![]() |
"The
strong performance of financial
markets
in 2023 created wider
differences
in equity valuations that
may
provide attractive opportunities
for
investors. Additionally, interest
rate
reductions next year could
benefit
high-quality fixed income
investments.”
—
Brian S. Shlissel
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
1
|
2
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(1.15)% |
Market
Price ** |
(1.22)% |
Morningstar®
Canada Target Market Exposure IndexSM
(net total return) |
(1.22)% |
Net
Assets as of 10/31/2023 |
$5,686,974,712 |
Fund
Ticker |
BBCA |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Royal
Bank of Canada (Canada) |
6.6
% |
2. |
Toronto-Dominion
Bank (The) (Canada) |
6.0 |
3. |
Canadian
Natural Resources Ltd. (Canada) |
4.1 |
4. |
Enbridge,
Inc. (Canada) |
4.0 |
5. |
Canadian
Pacific Kansas City Ltd. (Canada) |
3.9 |
6. |
Canadian
National Railway Co. (Canada) |
3.7 |
7. |
Shopify,
Inc., Class A (Canada) |
3.3 |
8. |
Bank
of Montreal (Canada) |
3.2 |
9. |
Bank
of Nova Scotia (The) (Canada) |
2.8 |
10. |
Suncor
Energy, Inc. (Canada) |
2.5 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
32.9% |
Energy |
18.6 |
Industrials |
14.0 |
Materials |
9.8 |
Information
Technology |
7.4 |
Consumer
Staples |
4.7 |
Consumer
Discretionary |
3.7 |
Utilities |
3.0 |
Communication
Services |
2.1 |
Others
(each less than 1.0%) |
0.6 |
Short-Term
Investments |
3.2 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
3
|
4
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Canada ETF |
|
|
| |
Net
Asset Value |
August
7, 2018 |
(1.15
)% |
6.77
% |
4.74
% |
Market
Price |
|
(1.22
) |
6.75 |
4.74 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
5
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
5.55% |
Market
Price ** |
5.45% |
Morningstar®
Developed Asia Pacific ex-Japan Target Market Exposure IndexSM
(net total return) |
5.35% |
Net
Assets as of 10/31/2023 |
$3,809,902,516 |
Fund
Ticker |
BBAX |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
BHP
Group Ltd. (Australia) |
9.0
% |
2. |
Commonwealth
Bank of Australia
(Australia) |
6.5 |
3. |
AIA
Group Ltd. (Hong Kong) |
6.3 |
4. |
CSL
Ltd. |
4.5 |
5. |
National
Australia Bank Ltd. (Australia) |
3.5 |
6. |
ANZ
Group Holdings Ltd. (Australia) |
3.0 |
7. |
Westpac
Banking Corp. (Australia) |
2.9 |
8. |
DBS
Group Holdings Ltd. (Singapore) |
2.8 |
9. |
Hong
Kong Exchanges & Clearing Ltd.
(Hong
Kong) |
2.6 |
10. |
Woodside
Energy Group Ltd. (Australia) |
2.6 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Australia |
59.8% |
Hong
Kong |
17.3 |
Singapore |
11.3 |
United
States |
5.2 |
China |
2.4 |
New
Zealand |
1.7 |
Macau |
1.1 |
Others
(each less than 1.0%) |
0.9 |
Short-Term
Investments |
0.3 |
6
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
7
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF |
|
|
| |
Net
Asset Value |
August
7, 2018 |
5.55
% |
3.56
% |
1.34
% |
Market
Price |
|
5.45 |
3.54 |
1.33 |
8
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(4.88)% |
Market
Price ** |
(4.67)% |
Morningstar®
Emerging Markets Target Market Exposure IndexSM
(net total return) |
(4.68)% |
Net
Assets as of 10/31/2023 |
$483,405,614 |
Fund
Ticker |
BBEM |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Taiwan
Semiconductor Manufacturing Co.
Ltd.
(Taiwan) |
6.0
% |
2. |
Samsung
Electronics Co. Ltd. (South
Korea) |
3.9 |
3. |
Tencent
Holdings Ltd. (China) |
3.5 |
4. |
Alibaba
Group Holding Ltd. (China) |
2.4 |
5. |
HDFC
Bank Ltd. (India) |
1.5 |
6. |
Reliance
Industries Ltd. (India) |
1.4 |
7. |
International
Holding Co. PJSC (United
Arab
Emirates) |
1.4 |
8. |
PDD
Holdings, Inc., ADR (China) |
1.1 |
9. |
Meituan
(China) |
0.9 |
10. |
Infosys
Ltd. (India) |
0.9 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
China |
27.8% |
India |
17.2 |
Taiwan |
15.0 |
South
Korea |
11.8 |
Brazil |
5.1 |
Saudi
Arabia |
3.8 |
United
Arab Emirates |
3.0 |
South
Africa |
2.8 |
Indonesia |
2.1 |
Mexico |
2.0 |
Thailand |
1.7 |
Malaysia |
1.6 |
Others
(each less than 1.0%) |
5.2 |
Short-Term
Investments |
0.9 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
9
|
10
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
CUMULATIVE
SINCE
INCEPTION |
JPMorgan
BetaBuilders Emerging Markets Equity ETF |
| |
Net
Asset Value |
May 10,
2023 |
(4.88
)% |
Market
Price |
|
(4.67
) |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
11
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
16.74% |
Market
Price ** |
16.81% |
Morningstar®
Developed Europe Target Market Exposure IndexSM
(net total return) |
15.92% |
Net
Assets as of 10/31/2023 |
$5,143,360,575 |
Fund
Ticker |
BBEU |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Novo
Nordisk A/S, Class B (Denmark) |
3.4
% |
2. |
Nestle
SA (Registered) |
3.1 |
3. |
ASML
Holding NV (Netherlands) |
2.6 |
4. |
Shell
plc (Netherlands) |
2.3 |
5. |
AstraZeneca
plc (United Kingdom) |
2.1 |
6. |
Novartis
AG (Registered) (Switzerland) |
2.1 |
7. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
2.0 |
8. |
Roche
Holding AG |
1.9 |
9. |
TotalEnergies
SE (France) |
1.7 |
10. |
HSBC
Holdings plc (United Kingdom) |
1.6 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
United
Kingdom |
18.0% |
France |
15.3 |
Germany |
11.9 |
United
States |
9.9 |
Switzerland |
8.6 |
Netherlands |
8.3 |
Denmark |
5.1 |
Sweden |
4.8 |
Italy |
3.8 |
Spain |
3.8 |
Finland |
1.8 |
Australia |
1.7 |
Belgium |
1.4 |
Norway |
1.2 |
Others
(each less than 1.0%) |
3.6 |
Short-Term
Investments |
0.8 |
12
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
13
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Europe ETF |
|
|
| |
Net
Asset Value |
June
15, 2018 |
16.74
% |
5.24
% |
3.10
% |
Market
Price |
|
16.81 |
5.21 |
3.11 |
14
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
15.69% |
Market
Price ** |
16.04% |
Morningstar®
Developed Markets ex-North America Target Market Exposure
IndexSM
(net total return) |
14.66% |
Net
Assets as of 10/31/2023 |
$3,560,296,677 |
Fund
Ticker |
BBIN |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Novo
Nordisk A/S, Class B (Denmark) |
2.1
% |
2. |
Nestle
SA (Registered) |
2.0 |
3. |
ASML
Holding NV (Netherlands) |
1.7 |
4. |
Toyota
Motor Corp. (Japan) |
1.5 |
5. |
Shell
plc (Netherlands) |
1.5 |
6. |
AstraZeneca
plc (United Kingdom) |
1.3 |
7. |
Novartis
AG (Registered) (Switzerland) |
1.3 |
8. |
LVMH
Moet Hennessy Louis Vuitton SE
(France) |
1.3 |
9. |
Roche
Holding AG |
1.2 |
10. |
TotalEnergies
SE (France) |
1.1 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Japan |
24.9% |
United
Kingdom |
11.5 |
France |
9.7 |
Australia |
7.6 |
Germany |
7.5 |
United
States |
6.8 |
Switzerland |
5.4 |
Netherlands |
5.3 |
Denmark |
3.3 |
Sweden |
3.1 |
Italy |
2.4 |
Spain |
2.4 |
Hong
Kong |
2.1 |
Singapore |
1.4 |
Finland |
1.2 |
Others
(each less than 1.0%) |
4.3 |
Short-Term
Investments |
1.1 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
15
|
16
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders International Equity ETF |
|
| |
Net
Asset Value |
December
3, 2019 |
15.69
% |
2.91
% |
Market
Price |
|
16.04 |
3.00 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
17
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
18.51% |
Market
Price ** |
19.65% |
Morningstar®
Japan Target Market Exposure IndexSM
(net total return) |
16.83% |
Net
Assets as of 10/31/2023 |
$8,797,309,934 |
Fund
Ticker |
BBJP |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Toyota
Motor Corp. (Japan) |
5.9
% |
2. |
Mitsubishi
UFJ Financial Group, Inc.
(Japan) |
2.9 |
3. |
Sony
Group Corp. (Japan) |
2.9 |
4. |
Keyence
Corp. (Japan) |
2.1 |
5. |
Mitsubishi
Corp. (Japan) |
1.8 |
6. |
Sumitomo
Mitsui Financial Group, Inc.
(Japan) |
1.8 |
7. |
Tokyo
Electron Ltd. (Japan) |
1.7 |
8. |
Shin-Etsu
Chemical Co. Ltd. (Japan) |
1.7 |
9. |
Hitachi
Ltd. (Japan) |
1.6 |
10. |
Mitsui
& Co. Ltd. (Japan) |
1.5 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Industrials |
23.0% |
Consumer
Discretionary |
19.8 |
Financials |
12.9 |
Information
Technology |
12.5 |
Health
Care |
8.1 |
Communication
Services |
6.8 |
Consumer
Staples |
6.4 |
Materials |
4.9 |
Real
Estate |
3.5 |
Utilities |
1.1 |
Others
(each less than 1.0%) |
0.9 |
Short-Term
Investments |
0.1 |
18
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
19
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders Japan ETF |
|
|
| |
Net
Asset Value |
June
15, 2018 |
18.51
% |
3.11
% |
1.23
% |
Market
Price |
|
19.65 |
3.36 |
1.43 |
20
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
10.25% |
Market
Price ** |
10.20% |
Morningstar®
US Target Market Exposure IndexSM |
10.28% |
Net
Assets as of 10/31/2023 |
$2,173,038,499 |
Fund
Ticker |
BBUS |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Microsoft
Corp. |
6.7
% |
2. |
Apple,
Inc. |
6.7 |
3. |
Amazon.com,
Inc. |
3.2 |
4. |
NVIDIA
Corp. |
2.7 |
5. |
Alphabet,
Inc., Class A |
2.0 |
6. |
Meta
Platforms, Inc., Class A |
1.8 |
7. |
Alphabet,
Inc., Class C |
1.7 |
8. |
Berkshire
Hathaway, Inc., Class B |
1.7 |
9. |
Tesla,
Inc. |
1.5 |
10. |
UnitedHealth
Group, Inc. |
1.3 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Information
Technology |
27.7% |
Health
Care |
12.7 |
Financials |
12.4 |
Consumer
Discretionary |
10.3 |
Communication
Services |
8.4 |
Industrials |
8.2 |
Consumer
Staples |
6.2 |
Energy |
4.4 |
Utilities |
2.4 |
Materials |
2.3 |
Real
Estate |
2.3 |
Short-Term
Investments |
2.7 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
21
|
22
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Equity ETF |
|
| |
Net
Asset Value |
March
12, 2019 |
10.25
% |
10.81
% |
Market
Price |
|
10.20 |
10.81 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
23
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(2.57)% |
Market
Price ** |
(2.39)% |
Morningstar®
US Mid Cap Target Market Exposure Extended IndexSM |
(2.62)% |
Net
Assets as of 10/31/2023 |
$1,414,162,491 |
Fund
Ticker |
BBMC |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
First
Citizens BancShares, Inc., Class A |
0.5
% |
2. |
Ares
Management Corp. |
0.5 |
3. |
Jabil,
Inc. |
0.5 |
4. |
Deckers
Outdoor Corp. |
0.5 |
5. |
Reliance
Steel & Aluminum Co. |
0.5 |
6. |
Axon
Enterprise, Inc. |
0.5 |
7. |
Vertiv
Holdings Co. |
0.4 |
8. |
Builders
FirstSource, Inc. |
0.5 |
9. |
DraftKings,
Inc., Class A |
0.4 |
10. |
Carlisle
Cos., Inc. |
0.4 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Industrials |
19.8% |
Financials |
13.4 |
Consumer
Discretionary |
11.9 |
Information
Technology |
10.5 |
Health
Care |
9.1 |
Materials |
5.7 |
Real
Estate |
5.5 |
Energy |
5.1 |
Consumer
Staples |
3.8 |
Utilities |
2.5 |
Communication
Services |
1.9 |
Short-Term
Investments |
10.8 |
24
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
25
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
|
| |
Net
Asset Value |
April
14, 2020 |
(2.57
)% |
11.21
% |
Market
Price |
|
(2.39
) |
11.21 |
26
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(8.15)% |
Market
Price ** |
(7.81)% |
Morningstar®
US Small Cap Target Market Exposure Extended IndexSM |
(8.18)% |
Net
Assets as of 10/31/2023 |
$623,722,887 |
Fund
Ticker |
BBSC |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Patterson-UTI
Energy, Inc. |
0.3
% |
2. |
Wayfair,
Inc., Class A |
0.3 |
3. |
Equitrans
Midstream Corp. |
0.3 |
4. |
Affirm
Holdings, Inc. |
0.3 |
5. |
FTAI
Aviation Ltd. |
0.3 |
6. |
Boise
Cascade Co. |
0.3 |
7. |
Varonis
Systems, Inc. |
0.3 |
8. |
Appfolio,
Inc., Class A |
0.3 |
9. |
SPX
Technologies, Inc. |
0.3 |
10. |
Insmed,
Inc. |
0.3 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
16.6% |
Industrials |
14.2 |
Information
Technology |
11.5 |
Health
Care |
11.1 |
Consumer
Discretionary |
10.6 |
Real
Estate |
6.7 |
Energy |
5.0 |
Consumer
Staples |
3.0 |
Communication
Services |
2.9 |
Materials |
2.8 |
Others
(each less than 1.0%) |
0.8 |
Short-Term
Investments |
14.8 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
27
|
28
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
|
| |
Net
Asset Value |
November
16, 2020 |
(8.15
)% |
0.00
% |
Market
Price |
|
(7.81
) |
(0.05
) |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
29
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
9.85% |
Market
Price ** |
9.85% |
JPMorgan
Asset Management Carbon Transition U.S. Equity Index |
9.99% |
Russell
1000 Index |
9.48% |
Net
Assets as of 10/31/2023 |
$5,673,139 |
Fund
Ticker |
JCTR |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Apple,
Inc. |
6.9
% |
2. |
Microsoft
Corp. |
6.4 |
3. |
Alphabet,
Inc., Class A |
3.4 |
4. |
Amazon.com,
Inc. |
2.9 |
5. |
NVIDIA
Corp. |
2.8 |
6. |
Tesla,
Inc. |
1.7 |
7. |
UnitedHealth
Group, Inc. |
1.6 |
8. |
Eli
Lilly & Co. |
1.5 |
9. |
Meta
Platforms, Inc., Class A |
1.5 |
10. |
Exxon
Mobil Corp. |
1.4 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Information
Technology |
29.2% |
Financials |
14.2 |
Health
Care |
13.8 |
Consumer
Discretionary |
10.4 |
Communication
Services |
8.1 |
Industrials |
7.9 |
Consumer
Staples |
5.3 |
Energy |
4.3 |
Real
Estate |
2.6 |
Utilities |
2.2 |
Materials |
1.8 |
Short-Term
Investments |
0.2 |
30
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
31
|
|
INCEPTION
DATE |
1
YEAR |
SINCE
INCEPTION |
JPMorgan
Carbon Transition U.S. Equity ETF |
|
| |
Net
Asset Value |
December
9, 2020 |
9.85
% |
6.36
% |
Market
Price |
|
9.85 |
6.36 |
32
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
9.72% |
Market
Price ** |
8.78% |
JP
Morgan Diversified Factor Emerging Markets Equity Index (net total
return) |
10.44% |
FTSE
Emerging Index (net total return) |
10.91% |
Net
Assets as of 10/31/2023 |
$269,498,902 |
Fund
Ticker |
JPEM |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
33
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Infosys
Ltd. (India) |
1.6
% |
2. |
Petroleo
Brasileiro SA (Preference)
(Brazil) |
1.2 |
3. |
Vale
SA (Brazil) |
1.2 |
4. |
Taiwan
Semiconductor Manufacturing Co.
Ltd.
(Taiwan) |
1.1 |
5. |
Hindustan
Unilever Ltd. (India) |
1.0 |
6. |
Grupo
Financiero Banorte SAB de CV,
Class
O (Mexico) |
0.9 |
7. |
Tata
Consultancy Services Ltd. (India) |
0.9 |
8. |
Bank
of China Ltd., Class H (China) |
0.9 |
9. |
Saudi
Arabian Oil Co. (Saudi Arabia) |
0.8 |
10. |
Reliance
Industries Ltd. (India) |
0.8 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
China |
22.9% |
Taiwan |
11.4 |
India |
11.0 |
Turkey |
9.4 |
Brazil |
8.9 |
Mexico |
7.5 |
Saudi
Arabia |
4.8 |
Indonesia |
4.3 |
Thailand |
3.7 |
South
Africa |
3.1 |
United
Arab Emirates |
2.4 |
Malaysia |
2.1 |
Greece |
1.7 |
Qatar |
1.7 |
Kuwait |
1.5 |
Chile |
1.2 |
Others
(each less than 1.0%) |
2.4 |
34
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
|
|
| |
Net
Asset Value |
January
7, 2015 |
9.72
% |
2.80
% |
2.81
% |
Market
Price |
|
8.78 |
2.78 |
2.78 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
35
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
15.19% |
Market
Price ** |
15.26% |
JP
Morgan Diversified Factor International Equity Index (net total
return) |
14.85% |
FTSE
Developed ex North America Index (net total return) |
14.09% |
Net
Assets as of 10/31/2023 |
$353,175,379 |
Fund
Ticker |
JPIN |
36
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
BAE
Systems plc (United Kingdom) |
0.5
% |
2. |
Deutsche
Telekom AG (Registered)
(Germany) |
0.4 |
3. |
Novo
Nordisk A/S, Class B (Denmark) |
0.4 |
4. |
Japan
Tobacco, Inc. (Japan) |
0.4 |
5. |
GSK
plc |
0.4 |
6. |
Wolters
Kluwer NV (Netherlands) |
0.4 |
7. |
Lenovo
Group Ltd. (China) |
0.4 |
8. |
Origin
Energy Ltd. (Australia) |
0.4 |
9. |
TotalEnergies
SE (France) |
0.4 |
10. |
HSBC
Holdings plc (United Kingdom) |
0.4 |
PORTFOLIO
COMPOSITION BY COUNTRY
AS
OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Japan |
29.4% |
United
Kingdom |
15.9 |
Australia |
11.0 |
South
Korea |
6.9 |
France |
4.7 |
Singapore |
3.5 |
Netherlands |
3.3 |
United
States |
3.1 |
Hong
Kong |
3.0 |
Italy |
2.5 |
Germany |
2.5 |
Spain |
2.4 |
Sweden |
2.1 |
Switzerland |
1.4 |
China |
1.2 |
Norway |
1.1 |
Finland |
1.1 |
Others
(each less than 1.0%) |
4.2 |
Short-Term
Investments |
0.7 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
37
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return International Equity ETF |
|
|
| |
Net
Asset Value |
November
5, 2014 |
15.19
% |
2.16
% |
2.79
% |
Market
Price |
|
15.26 |
2.26 |
2.81 |
38
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(0.34)% |
Market
Price ** |
(0.45)% |
JP
Morgan Diversified Factor US Equity Index |
(0.17)% |
Russell
1000 Index |
9.48% |
Net
Assets as of 10/31/2023 |
$420,166,041 |
Fund
Ticker |
JPUS |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Casey's
General Stores, Inc. |
0.5
% |
2. |
McKesson
Corp. |
0.5 |
3. |
Progressive
Corp. (The) |
0.4 |
4. |
UnitedHealth
Group, Inc. |
0.4 |
5. |
Cencora,
Inc. |
0.4 |
6. |
T-Mobile
US, Inc. |
0.4 |
7. |
United
States Steel Corp. |
0.4 |
8. |
Marathon
Petroleum Corp. |
0.4 |
9. |
Vertex
Pharmaceuticals, Inc. |
0.4 |
10. |
Vistra
Corp. |
0.4 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Consumer
Staples |
14.3% |
Utilities |
11.0 |
Health
Care |
10.5 |
Industrials |
9.3 |
Real
Estate |
8.7 |
Consumer
Discretionary |
8.3 |
Financials |
8.2 |
Technology |
7.2 |
Basic
Materials |
6.7 |
Energy |
5.9 |
Telecommunications |
5.2 |
Short-Term
Investments |
4.7 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
39
|
40
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Equity ETF |
|
|
| |
Net
Asset Value |
September
29, 2015 |
(0.34
)% |
7.83
% |
9.72
% |
Market
Price |
|
(0.45
) |
7.82 |
9.72 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
41
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(1.78)% |
Market
Price ** |
(1.85)% |
JP
Morgan Diversified Factor US Mid Cap Equity Index |
(1.57)% |
Russell
Midcap Index |
(1.01)% |
Net
Assets as of 10/31/2023 |
$310,063,947 |
Fund
Ticker |
JPME |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Casey's
General Stores, Inc. |
0.5
% |
2. |
United
States Steel Corp. |
0.4 |
3. |
Jabil,
Inc. |
0.4 |
4. |
Cencora,
Inc. |
0.4 |
5. |
Diamondback
Energy, Inc. |
0.4 |
6. |
Vistra
Corp. |
0.4 |
7. |
Chemed
Corp. |
0.4 |
8. |
Republic
Services, Inc. |
0.4 |
9. |
Cardinal
Health, Inc. |
0.4 |
10. |
Aflac,
Inc. |
0.4 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Utilities |
10.8% |
Industrials |
10.0 |
Real
Estate |
9.9 |
Health
Care |
9.7 |
Consumer
Discretionary |
9.2 |
Financials |
9.0 |
Consumer
Staples |
8.9 |
Technology |
7.8 |
Basic
Materials |
7.5 |
Energy |
6.6 |
Telecommunications |
2.7 |
Short-Term
Investments |
7.9 |
42
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
43
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
|
|
| |
Net
Asset Value |
May 11,
2016 |
(1.78
)% |
7.15
% |
8.30
% |
Market
Price |
|
(1.85
) |
7.12 |
8.28 |
44
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
(4.55)% |
Market
Price ** |
(4.77)% |
JP
Morgan Diversified Factor US Small Cap Equity Index |
(4.35)% |
Russell
2000 Index |
(8.56)% |
Net
Assets as of 10/31/2023 |
$386,208,306 |
Fund
Ticker |
JPSE |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Hostess
Brands, Inc. |
0.4
% |
2. |
GEO
Group, Inc. (The) |
0.3 |
3. |
Teekay
Tankers Ltd., Class A (Canada) |
0.3 |
4. |
Sprouts
Farmers Market, Inc. |
0.3 |
5. |
BellRing
Brands, Inc. |
0.3 |
6. |
Sabra
Health Care REIT, Inc. |
0.3 |
7. |
CareTrust
REIT, Inc. |
0.3 |
8. |
Apple
Hospitality REIT, Inc. |
0.3 |
9. |
Phillips
Edison & Co., Inc. |
0.3 |
10. |
Simply
Good Foods Co. (The) |
0.3 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Financials |
11.1% |
Real
Estate |
10.9 |
Industrials |
10.6 |
Consumer
Discretionary |
8.8 |
Technology |
8.1 |
Health
Care |
8.1 |
Consumer
Staples |
7.9 |
Basic
Materials |
7.9 |
Energy |
6.2 |
Utilities |
4.6 |
Telecommunications |
4.4 |
Short-Term
Investments |
11.4 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
45
|
46
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
|
|
| |
Net
Asset Value |
November
15, 2016 |
(4.55
)% |
6.31
% |
7.29
% |
Market
Price |
|
(4.77
) |
6.30 |
7.28 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
47
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
6.10% |
Market
Price ** |
6.02% |
JP
Morgan US Momentum Factor Index |
6.21% |
Russell
1000 Growth Index |
18.95% |
Russell
1000 Index |
9.48% |
Net
Assets as of 10/31/2023 |
$301,926,586 |
Fund
Ticker |
JMOM |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Meta
Platforms, Inc., Class A |
2.2
% |
2. |
Eli
Lilly & Co. |
2.2 |
3. |
Microsoft
Corp. |
2.1 |
4. |
Apple,
Inc. |
1.9 |
5. |
Berkshire
Hathaway, Inc., Class B |
1.9 |
6. |
NVIDIA
Corp. |
1.8 |
7. |
Broadcom,
Inc. |
1.8 |
8. |
UnitedHealth
Group, Inc. |
1.8 |
9. |
Home
Depot, Inc. (The) |
1.5 |
10. |
Costco
Wholesale Corp. |
1.4 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
30.7% |
Consumer
Discretionary |
13.8 |
Industrials |
12.7 |
Health
Care |
12.6 |
Financials |
10.4 |
Consumer
Staples |
5.3 |
Energy |
4.6 |
Utilities |
2.8 |
Real
Estate |
2.6 |
Telecommunications |
2.4 |
Basic
Materials |
1.9 |
Short-Term
Investments |
0.2 |
48
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
49
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Momentum Factor ETF |
|
|
| |
Net
Asset Value |
November
8, 2017 |
6.10
% |
10.23
% |
9.41
% |
Market
Price |
|
6.02 |
10.22 |
9.41 |
50
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
12.15% |
Market
Price ** |
12.14% |
JP
Morgan US Quality Factor Index |
12.24% |
Russell
1000 Index |
9.48% |
Net
Assets as of 10/31/2023 |
$2,402,223,606 |
Fund
Ticker |
JQUA |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Meta
Platforms, Inc., Class A |
2.1
% |
2. |
Eli
Lilly & Co. |
2.0 |
3. |
Microsoft
Corp. |
2.0 |
4. |
Visa,
Inc., Class A |
1.9 |
5. |
Alphabet,
Inc., Class A |
1.9 |
6. |
Apple,
Inc. |
1.9 |
7. |
Berkshire
Hathaway, Inc., Class B |
1.9 |
8. |
NVIDIA
Corp. |
1.7 |
9. |
Broadcom,
Inc. |
1.7 |
10. |
Procter
& Gamble Co. (The) |
1.6 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
29.7% |
Consumer
Discretionary |
13.4 |
Industrials |
12.2 |
Health
Care |
12.2 |
Financials |
9.7 |
Consumer
Staples |
5.1 |
Energy |
4.4 |
Utilities |
2.6 |
Real
Estate |
2.6 |
Telecommunications |
2.3 |
Basic
Materials |
1.9 |
Short-Term
Investments |
3.9 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
51
|
52
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Quality Factor ETF |
|
|
| |
Net
Asset Value |
November
8, 2017 |
12.15
% |
11.46
% |
10.95
% |
Market
Price |
|
12.14 |
11.47 |
10.95 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
53
|
REPORTING
PERIOD RETURN: |
|
Net
Asset Value * |
4.11% |
Market
Price ** |
4.11% |
JP
Morgan US Value Factor Index |
4.17% |
Russell
1000 Value Index |
0.13% |
Russell
1000 Index |
9.48% |
Net
Assets as of 10/31/2023 |
$683,645,621 |
Fund
Ticker |
JVAL |
TOP
TEN HOLDINGS OF THE
PORTFOLIO
AS OF October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS | |
1. |
Meta
Platforms, Inc., Class A |
2.1
% |
2. |
UnitedHealth
Group, Inc. |
2.1 |
3. |
Microsoft
Corp. |
2.1 |
4. |
Alphabet,
Inc., Class A |
1.9 |
5. |
Apple,
Inc. |
1.9 |
6. |
Broadcom,
Inc. |
1.7 |
7. |
Johnson
& Johnson |
1.5 |
8. |
Merck
& Co., Inc. |
1.4 |
9. |
Cisco
Systems, Inc. |
1.0 |
10. |
Salesforce,
Inc. |
0.9 |
PORTFOLIO
COMPOSITION BY SECTOR
AS
OF
October 31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Technology |
29.4% |
Consumer
Discretionary |
12.9 |
Health
Care |
12.5 |
Industrials |
12.2 |
Financials |
9.2 |
Consumer
Staples |
5.1 |
Energy |
4.6 |
Utilities |
2.6 |
Real
Estate |
2.5 |
Telecommunications |
2.3 |
Basic
Materials |
1.8 |
Short-Term
Investments |
4.9 |
54
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
55
|
|
INCEPTION
DATE |
1
YEAR |
5
YEAR |
SINCE
INCEPTION |
JPMorgan
U.S. Value Factor ETF |
|
|
| |
Net
Asset Value |
November
8, 2017 |
4.11
% |
8.49
% |
7.60
% |
Market
Price |
|
4.11 |
8.48 |
7.59 |
56
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.5% | ||
Aerospace
& Defense — 0.4% | ||
CAE,
Inc. * |
1,092,243 |
22,809,704 |
Automobile
Components — 0.8% | ||
Magna
International, Inc. |
914,136 |
43,928,627 |
Banks
— 22.3% | ||
Bank
of Montreal (a) |
2,447,960 |
184,980,515 |
Bank
of Nova Scotia (The) |
4,113,591 |
166,560,761 |
Canadian
Imperial Bank of Commerce |
3,153,929 |
111,237,546 |
National
Bank of Canada |
1,160,323 |
72,142,094 |
Royal
Bank of Canada (a) |
4,793,299 |
382,841,750 |
Toronto-Dominion
Bank (The) |
6,303,018 |
352,069,064 |
|
|
1,269,831,730 |
Broadline
Retail — 1.5% | ||
Canadian
Tire Corp. Ltd., Class A (a) |
180,301 |
17,391,067 |
Dollarama,
Inc. |
970,463 |
66,272,108 |
|
|
83,663,175 |
Capital
Markets — 3.6% | ||
Brookfield
Asset Management Ltd., Class A |
1,189,854 |
34,106,145 |
Brookfield
Corp. |
4,996,294 |
145,556,357 |
IGM
Financial, Inc. |
277,906 |
6,256,517 |
TMX
Group Ltd. |
956,717 |
19,924,274 |
|
|
205,843,293 |
Chemicals
— 1.6% | ||
Nutrien
Ltd. |
1,697,733 |
91,182,372 |
Commercial
Services & Supplies — 3.1% | ||
GFL
Environmental, Inc. |
709,750 |
20,446,737 |
RB
Global, Inc. |
624,548 |
40,870,908 |
Waste
Connections, Inc. (a) |
884,504 |
114,527,880 |
|
|
175,845,525 |
Construction
& Engineering — 1.0% | ||
WSP
Global, Inc. |
427,836 |
55,992,757 |
Consumer
Staples Distribution & Retail — 4.5% | ||
Alimentation
Couche-Tard, Inc. |
2,548,982 |
138,757,996 |
Empire
Co. Ltd., Class A |
532,697 |
14,597,069 |
George
Weston Ltd. |
208,047 |
22,566,742 |
Loblaw
Cos. Ltd. |
511,385 |
41,825,338 |
Metro,
Inc. |
789,715 |
40,113,593 |
|
|
257,860,738 |
Containers
& Packaging — 0.3% | ||
CCL
Industries, Inc., Class B |
494,913 |
19,350,411 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Diversified
Telecommunication Services — 1.3% | ||
BCE,
Inc. |
1,033,575 |
38,369,166 |
Quebecor,
Inc., Class B |
528,577 |
10,905,057 |
TELUS
Corp. |
1,639,195 |
26,430,431 |
|
|
75,704,654 |
Electric
Utilities — 2.2% | ||
Emera,
Inc. (a) |
936,928 |
30,687,052 |
Fortis,
Inc. (a) |
1,670,257 |
66,316,460 |
Hydro
One Ltd. (b) |
1,090,099 |
28,267,503 |
|
|
125,271,015 |
Financial
Services — 0.1% | ||
Nuvei
Corp. (c) |
214,834 |
2,991,487 |
Food
Products — 0.3% | ||
Saputo,
Inc. |
841,592 |
16,992,663 |
Gas
Utilities — 0.3% | ||
AltaGas
Ltd. |
967,208 |
17,966,669 |
Ground
Transportation — 8.3% | ||
Canadian
National Railway Co. |
2,025,712 |
214,337,640 |
Canadian
Pacific Kansas City Ltd. |
3,197,909 |
227,053,268 |
TFI
International, Inc. |
276,897 |
30,631,887 |
|
|
472,022,795 |
Health
Care Equipment & Supplies — 0.0% ^ | ||
Bausch
+ Lomb Corp. * |
132,432 |
2,125,788 |
Hotels,
Restaurants & Leisure — 1.3% | ||
Restaurant
Brands International, Inc. |
1,072,136 |
72,016,923 |
Independent
Power and Renewable Electricity Producers — 0.2% | ||
Brookfield
Renewable Corp. |
456,415 |
10,383,914 |
Insurance
— 7.8% | ||
Fairfax
Financial Holdings Ltd. |
77,067 |
64,133,860 |
Great-West
Lifeco, Inc. |
927,141 |
25,686,502 |
iA
Financial Corp., Inc. |
351,820 |
20,471,142 |
Intact
Financial Corp. |
601,704 |
84,540,117 |
Manulife
Financial Corp. |
6,278,449 |
109,292,777 |
Power
Corp. of Canada (a) |
1,914,179 |
46,116,979 |
Sun
Life Financial, Inc. |
2,015,067 |
92,038,467 |
|
|
442,279,844 |
IT
Services — 4.6% | ||
CGI,
Inc. * |
717,297 |
69,249,484 |
Shopify,
Inc., Class A * |
4,105,093 |
193,865,182 |
|
|
263,114,666 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
57
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Metals
& Mining — 7.9% | ||
Agnico
Eagle Mines Ltd. |
1,698,976 |
79,683,720 |
Barrick
Gold Corp. |
6,026,700 |
96,262,055 |
First
Quantum Minerals Ltd. |
1,927,702 |
22,338,685 |
Franco-Nevada
Corp. |
659,380 |
80,214,463 |
Ivanhoe
Mines Ltd., Class A *
(a) |
1,966,312 |
14,491,227 |
Kinross
Gold Corp. |
4,214,412 |
22,002,771 |
Lundin
Mining Corp. |
2,255,331 |
14,084,129 |
Teck
Resources Ltd., Class B |
1,581,777 |
55,891,165 |
Wheaton
Precious Metals Corp. |
1,554,680 |
65,662,598 |
|
|
450,630,813 |
Multi-Utilities
— 0.4% | ||
Algonquin
Power & Utilities Corp. (a) |
2,364,847 |
11,903,106 |
Canadian
Utilities Ltd., Class A (a) |
415,551 |
8,791,971 |
|
|
20,695,077 |
Oil,
Gas & Consumable Fuels — 19.2% | ||
ARC
Resources Ltd. |
2,092,277 |
33,660,501 |
Cameco
Corp. |
1,487,616 |
60,856,287 |
Canadian
Natural Resources Ltd. |
3,750,649 |
238,169,930 |
Cenovus
Energy, Inc. |
4,622,857 |
88,073,468 |
Enbridge,
Inc. |
7,251,475 |
232,381,863 |
Imperial
Oil Ltd. (a) |
601,667 |
34,288,619 |
Keyera
Corp. (a) |
786,704 |
18,295,442 |
Pembina
Pipeline Corp. |
1,885,493 |
58,029,812 |
Suncor
Energy, Inc. |
4,496,317 |
145,613,554 |
TC
Energy Corp. |
3,534,406 |
121,725,784 |
Tourmaline
Oil Corp. |
1,095,340 |
57,920,521 |
|
|
1,089,015,781 |
Paper
& Forest Products — 0.2% | ||
West
Fraser Timber Co. Ltd. |
206,535 |
13,938,785 |
Passenger
Airlines — 0.3% | ||
Air
Canada * |
1,156,818 |
13,956,059 |
Professional
Services — 1.1% | ||
Thomson
Reuters Corp. |
514,406 |
61,617,494 |
Real
Estate Management & Development — 0.4% | ||
FirstService
Corp. |
140,834 |
19,928,506 |
Residential
REITs — 0.2% | ||
Canadian
Apartment Properties |
281,629 |
8,289,955 |
Retail
REITs — 0.1% | ||
RioCan (a) |
504,535 |
6,130,460 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Software
— 2.9% | ||
Constellation
Software, Inc. |
67,673 |
135,663,686 |
Open
Text Corp. |
931,017 |
31,084,253 |
|
|
166,747,939 |
Textiles,
Apparel & Luxury Goods — 0.3% | ||
Gildan
Activewear, Inc. |
602,763 |
17,121,208 |
Trading
Companies & Distributors — 0.2% | ||
Finning
International, Inc. |
509,538 |
13,653,818 |
Wireless
Telecommunication Services — 0.8% | ||
Rogers
Communications, Inc., Class B |
1,275,409 |
47,254,743 |
Total
Common Stocks
(Cost
$5,430,073,969) |
|
5,656,159,388 |
|
NO.
OF
WARRANTS |
VALUE
($) |
Warrants
— 0.0% ^ | ||
Software
— 0.0% ^ | ||
Constellation
Software, Inc., Zero Coupon,
3/31/2040 ‡
*
(Cost
$-) |
65,101 |
— |
|
SHARES |
VALUE($) |
Short-Term
Investments — 3.2% | ||
Investment
of Cash Collateral from Securities Loaned — 3.2% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (d)
(e) |
104,268,170 |
104,289,023 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (d)
(e) |
80,082,808 |
80,082,808 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$184,371,831) |
|
184,371,831 |
Total
Investments — 102.7%
(Cost
$5,614,445,800) |
|
5,840,531,219 |
Liabilities
in Excess of Other Assets —
(2.7)% |
|
(153,556,507
) |
NET
ASSETS — 100.0% |
|
5,686,974,712 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net
assets. |
58
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
‡ |
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, 2023. The total value of securities on
loan
at October 31, 2023 is $174,280,525. |
|
(b) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(c) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(d) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(e) |
The
rate shown is the current yield as of October 31,
2023. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
/ TSX 60 Index |
184 |
12/14/2023 |
CAD |
30,108,729 |
(957,068
) |
Abbreviations |
|
CAD |
Canadian
Dollar |
TSX |
Toronto
Stock Exchange |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
59
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.6% | ||
Australia
— 59.8% | ||
Ampol
Ltd. |
570,069 |
11,559,719 |
ANZ
Group Holdings Ltd. |
7,189,286 |
113,367,695 |
APA
Group |
3,012,528 |
15,791,494 |
Aristocrat
Leisure Ltd. |
1,553,039 |
38,173,867 |
ASX
Ltd. |
463,120 |
16,546,159 |
Atlas
Arteria Ltd. |
2,707,149 |
9,151,849 |
Aurizon
Holdings Ltd. |
4,403,356 |
9,591,011 |
Bendigo
& Adelaide Bank Ltd. |
1,359,478 |
7,532,053 |
BHP
Group Ltd. |
12,118,522 |
343,044,780 |
BlueScope
Steel Ltd. |
1,089,811 |
13,064,067 |
Brambles
Ltd. |
3,323,513 |
27,737,225 |
Cochlear
Ltd. |
157,068 |
24,074,463 |
Coles
Group Ltd. |
3,201,719 |
31,074,893 |
Commonwealth
Bank of Australia |
4,009,753 |
246,663,584 |
Computershare
Ltd. |
1,372,036 |
21,653,410 |
Dexus,
REIT |
2,572,980 |
10,626,896 |
Endeavour
Group Ltd. |
3,256,148 |
10,229,017 |
Fortescue
Metals Group Ltd. |
4,051,047 |
57,629,504 |
Goodman
Group, REIT |
4,100,914 |
54,262,922 |
GPT
Group (The), REIT |
4,582,468 |
10,575,553 |
IDP
Education Ltd. |
665,839 |
9,199,478 |
IGO
Ltd. |
1,612,276 |
9,762,933 |
Incitec
Pivot Ltd. |
4,646,216 |
8,110,828 |
Insurance
Australia Group Ltd. |
5,838,305 |
21,061,909 |
LendLease
Corp. Ltd. |
1,649,005 |
6,530,874 |
Lottery
Corp. Ltd. (The) |
5,324,520 |
15,369,599 |
Macquarie
Group Ltd. |
859,818 |
88,380,671 |
Medibank
Pvt Ltd. |
6,588,161 |
14,377,204 |
Mineral
Resources Ltd. |
414,064 |
15,261,256 |
Mirvac
Group, REIT |
9,439,337 |
10,952,027 |
National
Australia Bank Ltd. |
7,510,379 |
134,542,848 |
Northern
Star Resources Ltd. |
2,755,123 |
20,175,172 |
Orica
Ltd. |
1,089,634 |
10,181,459 |
Origin
Energy Ltd. |
4,121,180 |
23,906,362 |
Pilbara
Minerals Ltd. (a) |
6,742,204 |
15,837,422 |
Qantas
Airways Ltd. * |
2,021,379 |
6,332,791 |
QBE
Insurance Group Ltd. |
3,569,385 |
35,394,403 |
Ramsay
Health Care Ltd. |
444,065 |
13,750,074 |
REA
Group Ltd. |
123,260 |
11,315,850 |
Reece
Ltd. (a) |
509,959 |
5,685,899 |
Rio
Tinto Ltd. |
888,028 |
66,334,002 |
Santos
Ltd. |
7,769,364 |
37,910,294 |
Scentre
Group, REIT |
12,416,489 |
19,235,539 |
SEEK
Ltd. |
852,154 |
11,242,202 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Australia
— continued | ||
Seven
Group Holdings Ltd. |
373,669 |
6,603,337 |
Sonic
Healthcare Ltd. |
1,127,541 |
20,646,479 |
South32
Ltd. |
10,873,598 |
23,262,804 |
Stockland,
REIT |
5,710,624 |
12,888,547 |
Suncorp
Group Ltd. |
3,029,838 |
25,788,913 |
Telstra
Group Ltd. |
9,674,227 |
23,458,841 |
TPG
Telecom Ltd. |
1,023,027 |
3,374,635 |
Transurban
Group |
7,369,324 |
55,479,908 |
Treasury
Wine Estates Ltd. |
1,726,814 |
13,303,637 |
Vicinity
Ltd., REIT |
9,256,509 |
10,026,019 |
Washington
H Soul Pattinson & Co. Ltd. (a) |
587,188 |
12,509,378 |
Wesfarmers
Ltd. |
2,713,999 |
87,319,744 |
Westpac
Banking Corp. |
8,394,459 |
110,234,209 |
WiseTech
Global Ltd. |
436,630 |
16,256,291 |
Woodside
Energy Group Ltd. |
4,542,214 |
98,928,523 |
Woolworths
Group Ltd. |
2,915,395 |
65,260,448 |
Worley
Ltd. |
879,291 |
9,191,648 |
|
|
2,277,734,618 |
China
— 2.4% | ||
Budweiser
Brewing Co. APAC Ltd. (b) |
4,118,500 |
7,826,578 |
ESR
Group Ltd. (b) |
5,655,600 |
7,266,856 |
Wharf
Holdings Ltd. (The) |
2,266,000 |
5,749,854 |
Wilmar
International Ltd. |
7,199,600 |
18,717,417 |
Wuxi
Biologics Cayman, Inc. *
(b) |
8,540,000 |
53,099,516 |
|
|
92,660,221 |
Hong
Kong — 17.3% | ||
AIA
Group Ltd. |
27,575,800 |
239,462,955 |
CK
Asset Holdings Ltd. |
4,555,000 |
22,767,370 |
CK
Infrastructure Holdings Ltd. |
1,446,500 |
6,704,585 |
CLP
Holdings Ltd. |
3,989,000 |
29,194,623 |
DFI
Retail Group Holdings Ltd. |
712,400 |
1,519,566 |
Hang
Lung Properties Ltd. |
4,198,000 |
5,518,092 |
Hang
Seng Bank Ltd. |
1,737,900 |
19,869,560 |
Henderson
Land Development Co. Ltd. |
3,126,700 |
8,180,887 |
HK
Electric Investments & HK Electric
Investments
Ltd. (b) |
5,496,000 |
3,048,824 |
HKT
Trust & HKT Ltd. |
8,704,000 |
9,015,472 |
Hong
Kong & China Gas Co. Ltd. |
25,889,789 |
18,022,112 |
Hong
Kong Exchanges & Clearing Ltd. |
2,851,000 |
99,735,544 |
Jardine
Matheson Holdings Ltd. |
491,300 |
19,908,036 |
Link,
REIT |
6,128,700 |
28,125,480 |
MTR
Corp. Ltd. |
3,716,500 |
13,892,967 |
New
World Development Co. Ltd. |
3,311,250 |
6,077,202 |
Power
Assets Holdings Ltd. |
3,263,000 |
15,599,844 |
60
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Hong
Kong — continued | ||
Sino
Land Co. Ltd. |
8,016,000 |
8,002,601 |
Sun
Hung Kai Properties Ltd. |
3,604,500 |
37,013,547 |
Swire
Pacific Ltd., Class A |
1,004,500 |
6,416,588 |
Swire
Pacific Ltd., Class B |
1,957,500 |
2,009,763 |
Swire
Properties Ltd. |
2,519,000 |
4,877,303 |
Techtronic
Industries Co. Ltd. |
3,160,500 |
28,853,865 |
WH
Group Ltd. (b) |
18,722,691 |
11,181,812 |
Wharf
Real Estate Investment Co. Ltd. |
3,704,000 |
12,956,740 |
|
|
657,955,338 |
Macau
— 1.1% | ||
Galaxy
Entertainment Group Ltd. |
4,808,000 |
27,028,009 |
Sands
China Ltd. * |
5,808,179 |
15,635,906 |
|
|
42,663,915 |
New
Zealand — 1.7% | ||
Auckland
International Airport Ltd. |
3,135,738 |
13,409,306 |
Contact
Energy Ltd. |
1,877,799 |
8,522,304 |
Fisher
& Paykel Healthcare Corp. Ltd. |
1,391,512 |
16,870,561 |
Mercury
NZ Ltd. |
1,592,402 |
5,473,627 |
Meridian
Energy Ltd. |
2,966,155 |
8,353,765 |
Spark
New Zealand Ltd. |
4,413,635 |
12,813,322 |
|
|
65,442,885 |
Singapore
— 11.3% | ||
CapitaLand
Ascendas, REIT |
8,507,528 |
16,164,686 |
CapitaLand
Integrated Commercial Trust,
REIT |
12,098,532 |
15,549,286 |
CapitaLand
Investment Ltd. |
5,725,700 |
12,294,133 |
City
Developments Ltd. |
1,218,100 |
5,622,521 |
DBS
Group Holdings Ltd. |
4,395,000 |
105,582,545 |
Genting
Singapore Ltd. |
13,597,800 |
8,542,893 |
Great
Eastern Holdings Ltd. |
135,900 |
1,715,334 |
Jardine
Cycle & Carriage Ltd. |
217,500 |
4,480,454 |
Keppel,
REIT |
654,840 |
380,241 |
Keppel
Corp. Ltd. |
3,309,900 |
15,024,784 |
Mapletree
Pan Asia Commercial Trust, REIT |
5,522,100 |
5,366,961 |
Olam
Group Ltd. |
2,571,700 |
1,863,547 |
Oversea-Chinese
Banking Corp. Ltd. |
9,288,500 |
86,114,762 |
Singapore
Airlines Ltd. |
3,205,300 |
14,312,500 |
Singapore
Exchange Ltd. |
1,967,200 |
13,620,230 |
Singapore
Technologies Engineering Ltd. |
3,660,100 |
10,047,918 |
Singapore
Telecommunications Ltd. |
16,987,800 |
29,519,258 |
United
Overseas Bank Ltd. |
3,670,100 |
72,391,624 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Singapore
— continued | ||
UOL
Group Ltd. |
1,111,700 |
4,787,908 |
Venture
Corp. Ltd. |
649,600 |
5,546,498 |
|
|
428,928,083 |
United
Kingdom — 0.8% | ||
CK
Hutchison Holdings Ltd. |
6,413,500 |
32,466,973 |
United
States — 5.2% | ||
CSL
Ltd. |
1,153,929 |
170,541,621 |
James
Hardie Industries plc, CHDI * |
1,052,866 |
26,268,407 |
|
|
196,810,028 |
Total
Common Stocks
(Cost
$4,390,199,215) |
|
3,794,662,061 |
Short-Term
Investments — 0.3% | ||
Investment
of Cash Collateral from Securities Loaned — 0.3% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (c)
(d)(Cost
$11,792,130) |
11,792,130 |
11,792,130 |
Total
Investments — 99.9%
(Cost
$4,401,991,345) |
|
3,806,454,191 |
Other
Assets Less Liabilities — 0.1% |
|
3,448,325 |
NET
ASSETS — 100.0% |
|
3,809,902,516 |
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 |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2023.
The total value of securities on loan at October 31, 2023 is
$11,180,067. |
(b) |
Security
exempt from registration pursuant to Regulation S under
the
Securities Act of 1933, as amended. Regulation S applies to
securities
offerings that are made outside of the United States and
do
not involve direct selling efforts in the United States and as
such
may have restrictions on resale. |
(c) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(d) |
The
rate shown is the current yield as of October 31,
2023. |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
61
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
23.5
% |
Metals
& Mining |
14.8 |
Insurance |
8.9 |
Capital
Markets |
5.7 |
Biotechnology |
4.5 |
Real
Estate Management & Development |
4.1 |
Oil,
Gas & Consumable Fuels |
3.9 |
Consumer
Staples Distribution & Retail |
2.9 |
Hotels,
Restaurants & Leisure |
2.8 |
Electric
Utilities |
2.4 |
Broadline
Retail |
2.3 |
Retail
REITs |
2.1 |
Diversified
Telecommunication Services |
2.1 |
Transportation
Infrastructure |
2.1 |
Industrial
Conglomerates |
1.9 |
Industrial
REITs |
1.8 |
Life
Sciences Tools & Services |
1.4 |
Health
Care Equipment & Supplies |
1.1 |
Others
(each less than 1.0%) |
11.4 |
Short-Term
Investments |
0.3 |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
Singapore Index |
261 |
11/29/2023 |
SGD |
5,190,834 |
(5,033
) |
SPI
200 Index |
87 |
12/21/2023 |
AUD |
9,406,871 |
(6,692
) |
|
|
|
|
|
(11,725
) |
Abbreviations |
|
AUD |
Australian
Dollar |
MSCI |
Morgan
Stanley Capital International |
SGD |
Singapore
Dollar |
SPI |
Australian
Securities Exchange |
62
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.0% | ||
Australia
— 0.0% ^ | ||
Yancoal
Australia Ltd. (a) |
23,100 |
71,028 |
Brazil
— 5.1% | ||
Ambev
SA |
320,761 |
816,893 |
Atacadao
SA |
39,277 |
69,957 |
B3
SA - Brasil Bolsa Balcao |
429,795 |
950,506 |
Banco
Bradesco SA |
108,529 |
263,694 |
Banco
Bradesco SA (Preference) |
386,265 |
1,074,118 |
Banco
BTG Pactual SA |
83,669 |
493,210 |
Banco
do Brasil SA |
104,182 |
999,511 |
BB
Seguridade Participacoes SA |
51,192 |
311,513 |
Braskem
SA (Preference), Class A * |
14,256 |
45,326 |
CCR
SA |
83,700 |
199,715 |
Centrais
Eletricas Brasileiras SA |
75,174 |
517,387 |
Centrais
Eletricas Brasileiras SA (Preference) |
18,306 |
139,426 |
Cia
de Saneamento Basico do Estado de Sao
Paulo
SABESP |
25,758 |
298,107 |
Cia
Energetica de Minas Gerais |
20,843 |
63,665 |
Cia
Energetica de Minas Gerais (Preference) |
110,376 |
256,360 |
Cia
Paranaense de Energia * |
27,843 |
226,974 |
Cia
Siderurgica Nacional SA |
44,982 |
105,189 |
Cosan
SA |
84,492 |
264,281 |
CPFL
Energia SA |
13,405 |
89,096 |
Energisa
SA |
21,168 |
196,282 |
Engie
Brasil Energia SA |
19,008 |
148,731 |
Equatorial
Energia SA |
65,556 |
411,923 |
Gerdau
SA (Preference) |
84,101 |
364,978 |
Hapvida
Participacoes e Investimentos SA *
(b) |
374,976 |
274,441 |
Hypera
SA |
30,024 |
180,677 |
Itau
Unibanco Holding SA (Preference) |
352,377 |
1,874,498 |
Itausa
SA * |
90,947 |
158,922 |
Itausa
SA (Preference) |
388,584 |
666,684 |
Klabin
SA |
62,640 |
265,879 |
Localiza
Rent a Car SA |
62,464 |
631,733 |
Lojas
Renner SA |
73,656 |
179,986 |
Magazine
Luiza SA * |
15,870 |
4,218 |
Natura
& Co. Holding SA * |
63,612 |
161,246 |
Petroleo
Brasileiro SA |
270,597 |
2,028,773 |
Petroleo
Brasileiro SA (Preference) |
334,040 |
2,301,028 |
PRIO
SA * |
56,886 |
536,506 |
Raia
Drogasil SA |
81,203 |
415,699 |
Rede
D'Or Sao Luiz SA (b) |
74,912 |
321,683 |
Rumo
SA |
87,558 |
387,101 |
Sendas
Distribuidora SA |
98,187 |
212,275 |
Suzano
SA |
53,920 |
552,274 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Brazil
— continued | ||
Telefonica
Brasil SA |
25,404 |
227,549 |
TIM
SA |
60,210 |
181,403 |
Transmissora
Alianca de Energia Eletrica S/A |
16,308 |
109,588 |
Vale
SA |
264,052 |
3,615,314 |
Vibra
Energia SA * |
86,836 |
341,368 |
WEG
SA |
106,825 |
697,724 |
|
|
24,633,411 |
Chile
— 0.5% | ||
Banco
de Chile |
3,272,886 |
336,248 |
Banco
de Credito e Inversiones SA |
5,119 |
122,398 |
Banco
Santander Chile |
4,968,432 |
216,613 |
Cencosud
SA |
97,038 |
157,212 |
Cencosud
Shopping SA |
35,601 |
51,671 |
Cia
Cervecerias Unidas SA |
9,364 |
53,234 |
Cia
Sud Americana de Vapores SA |
1,121,364 |
62,270 |
Empresas
CMPC SA |
82,836 |
148,087 |
Empresas
Copec SA |
31,558 |
208,917 |
Enel
Americas SA * |
1,454,976 |
149,562 |
Enel
Chile SA |
1,824,066 |
108,017 |
Falabella
SA * |
56,700 |
115,459 |
Latam
Airlines Group SA * |
10,988,271 |
85,942 |
Sociedad
Quimica y Minera de Chile SA
(Preference),
Class B |
10,746 |
519,890 |
|
|
2,335,520 |
China
— 27.8% | ||
360
Security Technology, Inc., Class A * |
43,200 |
52,905 |
37
Interactive Entertainment Network
Technology
Group Co. Ltd. |
16,200 |
45,671 |
AAC
Technologies Holdings, Inc. |
54,000 |
97,202 |
AECC
Aviation Power Co. Ltd., Class A |
16,200 |
78,074 |
Agricultural
Bank of China Ltd., Class A |
966,600 |
472,769 |
Agricultural
Bank of China Ltd., Class H |
2,234,000 |
825,143 |
AIM
Vaccine Co. Ltd. * |
400 |
468 |
Airtac
International Group |
11,000 |
361,654 |
Akeso,
Inc. *
(b) |
36,000 |
202,160 |
Alibaba
Group Holding Ltd. * |
1,124,600 |
11,577,846 |
Alibaba
Health Information Technology Ltd. * |
362,000 |
213,247 |
Aluminum
Corp. of China Ltd., Class A |
76,900 |
64,950 |
Aluminum
Corp. of China Ltd., Class H |
294,000 |
157,270 |
Anhui
Conch Cement Co. Ltd., Class A |
23,900 |
78,776 |
Anhui
Conch Cement Co. Ltd., Class H |
88,500 |
220,249 |
Anhui
Gujing Distillery Co. Ltd., Class A |
2,500 |
94,964 |
Anhui
Gujing Distillery Co. Ltd., Class B |
7,300 |
113,781 |
Anjoy
Foods Group Co. Ltd., Class A |
5,500 |
96,819 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
63
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
ANTA
Sports Products Ltd. |
86,400 |
977,140 |
Asymchem
Laboratories Tianjin Co. Ltd.,
Class
A |
5,500 |
113,123 |
Autohome,
Inc., Class A |
17,000 |
112,671 |
Avary
Holding Shenzhen Co. Ltd., Class A |
12,100 |
35,339 |
AviChina
Industry & Technology Co. Ltd.,
Class
H |
189,000 |
85,658 |
Baidu,
Inc., Class A * |
165,000 |
2,166,253 |
Baiyin
Nonferrous Group Co. Ltd., Class A |
1,060,000 |
397,020 |
Bank
of Beijing Co. Ltd., Class A |
126,100 |
78,363 |
Bank
of China Ltd., Class A |
480,600 |
255,326 |
Bank
of China Ltd., Class H |
5,796,000 |
2,024,748 |
Bank
of Communications Co. Ltd., Class A |
237,600 |
182,218 |
Bank
of Communications Co. Ltd., Class H |
1,566,000 |
926,298 |
Bank
of Hangzhou Co. Ltd., Class A |
35,500 |
51,750 |
Bank
of Jiangsu Co. Ltd., Class A |
92,700 |
87,163 |
Bank
of Nanjing Co. Ltd., Class A |
61,700 |
65,910 |
Bank
of Ningbo Co. Ltd., Class A |
43,200 |
147,040 |
Baoshan
Iron & Steel Co. Ltd., Class A |
132,800 |
113,225 |
BeiGene
Ltd. * |
57,700 |
828,334 |
Beijing
Enterprises Holdings Ltd. |
54,000 |
179,920 |
Beijing
Enterprises Water Group Ltd. |
346,000 |
73,008 |
Beijing
Kingsoft Office Software, Inc., Class A |
3,550 |
139,169 |
Beijing
Tongrentang Co. Ltd., Class A |
10,900 |
76,237 |
Beijing
Wantai Biological Pharmacy Enterprise
Co.
Ltd., Class A |
5,600 |
33,471 |
Bilibili,
Inc., Class Z * |
18,060 |
242,324 |
Bloomage
Biotechnology Corp. Ltd., Class A |
2,751 |
28,659 |
BOC
Aviation Ltd. (b) |
16,200 |
99,631 |
BOC
Hong Kong Holdings Ltd. |
261,500 |
691,547 |
BOE
Technology Group Co. Ltd., Class A |
226,800 |
121,160 |
Bosideng
International Holdings Ltd. |
244,000 |
96,338 |
BYD
Co. Ltd., Class A |
10,600 |
344,728 |
BYD
Co. Ltd., Class H |
67,500 |
2,052,684 |
BYD
Electronic International Co. Ltd. |
54,500 |
227,511 |
C&D
International Investment Group Ltd. |
49,000 |
110,239 |
Cambricon
Technologies Corp. Ltd., Class A * |
2,427 |
35,702 |
CGN
Power Co. Ltd., Class H (b) |
771,000 |
185,277 |
Changchun
High & New Technology Industry
Group,
Inc., Class A |
5,400 |
114,550 |
Changzhou
Xingyu Automotive Lighting
Systems
Co. Ltd., Class A |
5,400 |
107,523 |
China
CITIC Bank Corp. Ltd., Class H |
676,000 |
301,569 |
China
Coal Energy Co. Ltd., Class H |
156,000 |
122,533 |
China
Conch Venture Holdings Ltd. |
119,000 |
98,553 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
China
Construction Bank Corp., Class H |
7,168,000 |
4,053,920 |
China
CSSC Holdings Ltd., Class A |
27,000 |
95,212 |
China
Eastern Airlines Corp. Ltd., Class A * |
153,400 |
91,111 |
China
Everbright Bank Co. Ltd., Class A |
276,700 |
111,928 |
China
Everbright Environment Group Ltd. |
262,000 |
89,441 |
China
Feihe Ltd. (b) |
270,000 |
167,770 |
China
First Heavy Industries Co. Ltd., Class A * |
997,800 |
396,922 |
China
Galaxy Securities Co. Ltd., Class H |
258,500 |
132,302 |
China
Gas Holdings Ltd. |
223,200 |
200,658 |
China
Hainan Rubber Industry Group Co. Ltd.,
Class
A * |
628,800 |
384,071 |
China
Hongqiao Group Ltd. |
158,500 |
148,390 |
China
International Capital Corp. Ltd., Class A |
12,800 |
64,266 |
China
International Capital Corp. Ltd.,
Class
H (b) |
129,600 |
206,421 |
China
International Marine Containers Group
Co.
Ltd., Class A |
393,000 |
354,272 |
China
Jushi Co. Ltd., Class A |
36,400 |
57,417 |
China
Lesso Group Holdings Ltd. |
74,000 |
39,736 |
China
Life Insurance Co. Ltd., Class H |
541,000 |
732,730 |
China
Literature Ltd. *
(b) |
32,400 |
109,106 |
China
Longyuan Power Group Corp. Ltd.,
Class
H |
250,000 |
211,632 |
China
Medical System Holdings Ltd. |
150,000 |
239,865 |
China
Mengniu Dairy Co. Ltd. |
227,000 |
741,186 |
China
Merchants Bank Co. Ltd., Class A |
129,600 |
543,443 |
China
Merchants Bank Co. Ltd., Class H |
246,000 |
933,150 |
China
Merchants Energy Shipping Co. Ltd.,
Class
A |
48,500 |
42,473 |
China
Merchants Port Holdings Co. Ltd. |
110,000 |
140,023 |
China
Merchants Securities Co. Ltd., Class A |
43,200 |
83,234 |
China
Merchants Shekou Industrial Zone
Holdings
Co. Ltd., Class A |
48,600 |
73,064 |
China
Minsheng Banking Corp. Ltd., Class A |
216,000 |
109,436 |
China
Minsheng Banking Corp. Ltd., Class H |
486,000 |
161,576 |
China
National Building Material Co. Ltd.,
Class
H |
338,000 |
160,887 |
China
National Nuclear Power Co. Ltd., Class A |
112,600 |
113,837 |
China
Northern Rare Earth Group High-Tech Co.
Ltd.,
Class A |
21,600 |
61,511 |
China
Oilfield Services Ltd., Class H |
136,000 |
160,795 |
China
Overseas Land & Investment Ltd. |
297,000 |
560,472 |
China
Pacific Insurance Group Co. Ltd., Class A |
70,200 |
265,264 |
China
Pacific Insurance Group Co. Ltd., Class H |
187,600 |
462,128 |
China
Petroleum & Chemical Corp., Class A |
276,700 |
205,906 |
China
Petroleum & Chemical Corp., Class H |
1,804,000 |
922,634 |
64
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
China
Power International Development Ltd. |
368,000 |
143,018 |
China
Railway Group Ltd., Class A |
124,200 |
102,364 |
China
Railway Group Ltd., Class H |
313,000 |
147,725 |
China
Resources Beer Holdings Co. Ltd. |
116,000 |
613,833 |
China
Resources Cement Holdings Ltd. |
162,000 |
41,655 |
China
Resources Gas Group Ltd. |
67,300 |
198,947 |
China
Resources Land Ltd. |
210,000 |
786,053 |
China
Resources Mixc Lifestyle Services Ltd. (b) |
54,000 |
210,677 |
China
Resources Pharmaceutical Group Ltd. (b) |
140,500 |
87,278 |
China
Resources Power Holdings Co. Ltd. |
132,000 |
255,802 |
China
Resources Sanjiu Medical &
Pharmaceutical
Co. Ltd., Class A |
6,000 |
35,253 |
China
Shenhua Energy Co. Ltd., Class A |
54,000 |
222,880 |
China
Shenhua Energy Co. Ltd., Class H |
242,500 |
743,256 |
China
Southern Airlines Co. Ltd., Class A * |
86,400 |
72,695 |
China
Suntien Green Energy Corp. Ltd., Class A |
113,500 |
127,679 |
China
Taiping Insurance Holdings Co. Ltd. |
129,600 |
119,721 |
China
Three Gorges Renewables Group Co. Ltd.,
Class
A |
172,800 |
113,016 |
China
Tourism Group Duty Free Corp. Ltd.,
Class
A |
16,200 |
208,832 |
China
Tourism Group Duty Free Corp. Ltd.,
Class
H (b) |
8,000 |
90,346 |
China
Tower Corp. Ltd., Class H (b) |
3,564,000 |
332,346 |
China
Vanke Co. Ltd., Class A |
59,400 |
91,574 |
China
Vanke Co. Ltd., Class H |
167,400 |
156,612 |
China
Yangtze Power Co. Ltd., Class A |
145,800 |
448,290 |
China
Zhenhua Group Science & Technology Co.
Ltd.,
Class A |
3,100 |
28,266 |
Chongqing
Brewery Co. Ltd., Class A |
3,100 |
33,151 |
Chongqing
Changan Automobile Co. Ltd.,
Class
A |
54,000 |
111,381 |
Chongqing
Water Group Co. Ltd., Class A |
538,900 |
412,572 |
Chow
Tai Fook Jewellery Group Ltd. |
167,000 |
235,825 |
CITIC
Ltd. |
466,000 |
396,071 |
Citic
Pacific Special Steel Group Co. Ltd., Class A |
22,100 |
43,709 |
CITIC
Securities Co. Ltd., Class A |
75,600 |
223,664 |
CITIC
Securities Co. Ltd., Class H |
109,000 |
212,098 |
CMOC
Group Ltd., Class A |
108,000 |
81,616 |
CMOC
Group Ltd., Class H |
270,000 |
161,031 |
CNPC
Capital Co. Ltd., Class A |
59,400 |
48,025 |
COSCO
SHIPPING Energy Transportation Co.
Ltd.,
Class A |
20,800 |
40,853 |
COSCO
SHIPPING Energy Transportation Co.
Ltd.,
Class H |
108,000 |
114,538 |
COSCO
SHIPPING Holdings Co. Ltd., Class H |
249,500 |
253,751 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Country
Garden Holdings Co. Ltd. * |
139,000 |
12,430 |
Country
Garden Services Holdings Co. Ltd. |
163,000 |
142,382 |
CSPC
Pharmaceutical Group Ltd. |
646,000 |
564,262 |
Daqin
Railway Co. Ltd., Class A |
90,400 |
88,770 |
Dongxing
Securities Co. Ltd., Class A |
377,900 |
411,894 |
East
Buy Holding Ltd. *
(b) |
31,000 |
126,465 |
Eastern
Air Logistics Co. Ltd., Class A |
252,300 |
397,272 |
Eastroc
Beverage Group Co. Ltd., Class A |
5,400 |
141,309 |
ENN
Energy Holdings Ltd. |
56,500 |
427,996 |
ENN
Natural Gas Co. Ltd., Class A |
18,500 |
43,515 |
Everbright
Securities Co. Ltd., Class A |
23,300 |
52,272 |
Everdisplay
Optronics Shanghai Co. Ltd.,
Class
A * |
688,655 |
245,822 |
Far
East Horizon Ltd. |
134,000 |
94,287 |
Flat
Glass Group Co. Ltd., Class A |
11,100 |
39,068 |
Flat
Glass Group Co. Ltd., Class H * |
40,000 |
71,835 |
Focus
Media Information Technology Co. Ltd.,
Class
A |
91,800 |
86,488 |
Foshan
Haitian Flavouring & Food Co. Ltd.,
Class
A |
37,860 |
194,202 |
Fosun
International Ltd. |
162,000 |
97,061 |
Foxconn
Industrial Internet Co. Ltd., Class A |
91,800 |
184,349 |
Full
Truck Alliance Co. Ltd., ADR * |
48,762 |
320,366 |
Fuyao
Glass Industry Group Co. Ltd., Class H (b) |
44,400 |
202,424 |
Ganfeng
Lithium Group Co. Ltd. (b) |
32,400 |
116,374 |
Ganfeng
Lithium Group Co. Ltd., Class A |
10,900 |
65,821 |
G-bits
Network Technology Xiamen Co. Ltd.,
Class
A |
600 |
21,737 |
GCL
Technology Holdings Ltd. |
1,492,000 |
219,723 |
GD
Power Development Co. Ltd., Class A |
106,300 |
52,704 |
Geely
Automobile Holdings Ltd. |
380,000 |
431,423 |
Genscript
Biotech Corp. * |
80,000 |
232,573 |
GF
Securities Co. Ltd., Class H |
86,400 |
112,490 |
GigaDevice
Semiconductor, Inc., Class A |
5,400 |
78,827 |
GoerTek,
Inc., Class A |
20,500 |
50,442 |
Great
Wall Motor Co. Ltd., Class A |
18,400 |
73,678 |
Great
Wall Motor Co. Ltd., Class H |
189,000 |
264,202 |
Gree
Electric Appliances, Inc. of Zhuhai, Class A |
37,800 |
174,739 |
Guangdong
Haid Group Co. Ltd., Class A |
10,100 |
61,967 |
Guangdong
Investment Ltd. |
218,000 |
148,759 |
Guanghui
Energy Co. Ltd., Class A |
39,200 |
40,109 |
Guangzhou
Automobile Group Co. Ltd., Class H |
212,000 |
99,322 |
Guangzhou
Baiyunshan Pharmaceutical
Holdings
Co. Ltd., Class H |
16,000 |
42,565 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
65
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Guangzhou
Tinci Materials Technology Co. Ltd.,
Class
A |
11,500 |
43,608 |
Guotai
Junan Securities Co. Ltd., Class A |
43,700 |
87,969 |
H
World Group Ltd. * |
102,900 |
386,794 |
Haidilao
International Holding Ltd. (b) |
126,000 |
315,480 |
Haier
Smart Home Co. Ltd., Class A |
37,800 |
114,469 |
Haier
Smart Home Co. Ltd., Class H |
179,400 |
511,708 |
Hainan
Airlines Holding Co. Ltd., Class A * |
255,500 |
50,828 |
Hainan
Airport Infrastructure Co. Ltd., Class A * |
68,200 |
35,407 |
Haitian
International Holdings Ltd. |
55,000 |
131,207 |
Hangzhou
First Applied Material Co. Ltd.,
Class
A |
11,200 |
39,002 |
Hansoh
Pharmaceutical Group Co. Ltd. (b) |
108,000 |
203,201 |
Hengan
International Group Co. Ltd. |
54,500 |
182,537 |
Hengli
Petrochemical Co. Ltd., Class A * |
41,000 |
81,862 |
Hisense
Home Appliances Group Co. Ltd. |
26,000 |
71,567 |
Hopson
Development Holdings Ltd. * |
71,980 |
42,147 |
Hoshine
Silicon Industry Co. Ltd., Class A |
4,400 |
34,314 |
Hoyuan
Green Energy Co. Ltd. |
7,606 |
38,711 |
Hua
Hong Semiconductor Ltd. *
(b) |
75,000 |
184,656 |
Huadian
Power International Corp. Ltd., Class A |
50,300 |
33,637 |
Huadian
Power International Corp. Ltd., Class H |
122,000 |
48,986 |
Huadong
Medicine Co. Ltd., Class A |
10,600 |
62,068 |
Huaneng
Power International, Inc., Class A * |
70,200 |
72,759 |
Huaneng
Power International, Inc., Class H * |
324,000 |
151,617 |
Huatai
Securities Co. Ltd., Class A |
42,900 |
93,707 |
Huatai
Securities Co. Ltd., Class H (b) |
118,800 |
155,533 |
Huaxia
Bank Co. Ltd., Class A |
95,000 |
72,487 |
Huayu
Automotive Systems Co. Ltd., Class A |
87,900 |
210,109 |
Huizhou
Desay Sv Automotive Co. Ltd., Class A |
5,400 |
92,390 |
Hundsun
Technologies, Inc., Class A |
16,200 |
68,756 |
Hygeia
Healthcare Holdings Co. Ltd. (b) |
26,000 |
156,990 |
IEIT
Systems Co. Ltd., Class A |
8,900 |
35,625 |
Iflytek
Co. Ltd., Class A |
16,200 |
100,714 |
Industrial
& Commercial Bank of China Ltd.,
Class
A |
610,200 |
393,270 |
Industrial
& Commercial Bank of China Ltd.,
Class
H |
5,175,000 |
2,480,092 |
Industrial
Bank Co. Ltd., Class A |
129,600 |
266,338 |
Inner
Mongolia BaoTou Steel Union Co. Ltd.,
Class
A * |
264,200 |
58,339 |
Inner
Mongolia Yili Industrial Group Co. Ltd.,
Class
A |
43,200 |
161,413 |
Innovent
Biologics, Inc. *
(b) |
107,500 |
633,515 |
JA
Solar Technology Co. Ltd., Class A |
21,600 |
65,950 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
JCET
Group Co. Ltd., Class A |
10,700 |
45,006 |
JD
Health International, Inc. *
(b) |
81,000 |
367,925 |
JD
Logistics, Inc. *
(b) |
145,800 |
172,641 |
JD.com,
Inc., Class A |
178,750 |
2,272,478 |
Jiangsu
Eastern Shenghong Co. Ltd., Class A |
38,500 |
55,821 |
Jiangsu
Expressway Co. Ltd., Class H |
108,000 |
98,187 |
Jiangsu
Financial Leasing Co. Ltd., Class A |
677,280 |
441,090 |
Jiangsu
Hengli Hydraulic Co. Ltd., Class A |
8,100 |
62,131 |
Jiangsu
Hengrui Pharmaceuticals Co. Ltd.,
Class
A |
43,200 |
281,937 |
Jiangsu
King's Luck Brewery JSC Ltd., Class A |
7,600 |
60,563 |
Jiangsu
Yanghe Brewery Joint-Stock Co. Ltd.,
Class
A |
10,800 |
179,491 |
Jiangsu
Zhongtian Technology Co. Ltd., Class A |
20,400 |
38,941 |
Jiangxi
Copper Co. Ltd., Class H |
89,000 |
125,842 |
Jinko
Solar Co. Ltd., Class A |
36,359 |
47,013 |
JiuGui
Liquor Co. Ltd., Class A |
5,500 |
57,265 |
Jointown
Pharmaceutical Group Co. Ltd.,
Class
A |
132,251 |
128,245 |
Juneyao
Airlines Co. Ltd., Class A * |
12,900 |
25,635 |
KE
Holdings, Inc., Class A |
146,300 |
720,801 |
Kingboard
Holdings Ltd. |
53,500 |
130,287 |
Kingdee
International Software Group Co. Ltd. * |
216,000 |
286,604 |
Kingsoft
Corp. Ltd. |
71,000 |
247,753 |
Kuaishou
Technology *
(b) |
181,800 |
1,170,764 |
Kunlun
Energy Co. Ltd. |
326,000 |
271,592 |
Kweichow
Moutai Co. Ltd., Class A |
7,500 |
1,721,563 |
Lenovo
Group Ltd. |
486,000 |
565,574 |
Li
Auto, Inc., Class A * |
83,000 |
1,403,831 |
Li
Ning Co. Ltd. |
175,000 |
536,271 |
Liaoning
Cheng Da Co. Ltd., Class A |
42,700 |
71,199 |
Longfor
Group Holdings Ltd. (a) |
135,000 |
196,528 |
LONGi
Green Energy Technology Co. Ltd.,
Class
A |
48,600 |
159,882 |
Luxshare
Precision Industry Co. Ltd., Class A |
43,200 |
193,331 |
Luzhou
Laojiao Co. Ltd., Class A |
10,700 |
312,356 |
Meituan *
(b) |
315,700 |
4,475,052 |
Microport
Scientific Corp. * |
54,600 |
86,037 |
MINISO
Group Holding Ltd. |
35,800 |
230,201 |
Minth
Group Ltd. |
64,000 |
142,863 |
Montage
Technology Co. Ltd., Class A |
6,649 |
49,957 |
Muyuan
Foods Co. Ltd., Class A |
37,800 |
194,283 |
NARI
Technology Co. Ltd., Class A |
51,880 |
159,651 |
NAURA
Technology Group Co. Ltd., Class A |
3,300 |
115,351 |
NetEase,
Inc. |
135,700 |
2,904,190 |
66
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
New
China Life Insurance Co. Ltd., Class A |
12,600 |
57,391 |
New
China Life Insurance Co. Ltd., Class H |
63,900 |
140,175 |
New
Oriental Education & Technology Group,
Inc. * |
111,500 |
726,984 |
Ninestar
Corp., Class A |
8,600 |
28,752 |
Ningbo
Deye Technology Co. Ltd., Class A |
10,640 |
100,329 |
Ningbo
Tuopu Group Co. Ltd., Class A |
6,700 |
58,984 |
Ningxia
Baofeng Energy Group Co. Ltd., Class A |
42,700 |
83,913 |
NIO,
Inc., Class A * |
101,650 |
744,203 |
Nongfu
Spring Co. Ltd., Class H (b) |
128,200 |
730,194 |
Oppein
Home Group, Inc., Class A |
3,200 |
37,951 |
Orient
Securities Co. Ltd., Class A |
43,500 |
51,419 |
Pangang
Group Vanadium Titanium &
Resources
Co. Ltd., Class A * |
54,100 |
25,747 |
PDD
Holdings, Inc., ADR * |
49,898 |
5,060,655 |
People's
Insurance Co. Group of China Ltd.
(The),
Class H |
611,000 |
201,605 |
PetroChina
Co. Ltd., Class H |
1,528,000 |
997,350 |
PICC
Property & Casualty Co. Ltd., Class H |
528,000 |
602,952 |
Ping
An Bank Co. Ltd., Class A |
118,800 |
169,355 |
Ping
An Healthcare and Technology Co. Ltd. *
(b) |
41,600 |
97,175 |
Ping
An Insurance Group Co. of China Ltd.,
Class
A |
70,200 |
434,731 |
Ping
An Insurance Group Co. of China Ltd.,
Class
H |
454,500 |
2,305,441 |
Poly
Developments and Holdings Group Co.
Ltd.,
Class A |
75,600 |
113,398 |
Postal
Savings Bank of China Co. Ltd., Class A |
236,500 |
147,240 |
Postal
Savings Bank of China Co. Ltd.,
Class
H (b) |
594,000 |
271,119 |
Power
Construction Corp. of China Ltd., Class A |
108,000 |
77,401 |
Qi
An Xin Technology Group, Inc., Class A * |
4,010 |
25,210 |
Qifu
Technology, Inc., Class A |
18,800 |
137,066 |
Qinghai
Salt Lake Industry Co. Ltd., Class A * |
37,800 |
87,223 |
Remegen
Co. Ltd., Class H *
(b) |
12,000 |
68,341 |
Rongsheng
Petrochemical Co. Ltd., Class A |
64,800 |
100,591 |
SAIC
Motor Corp. Ltd., Class A |
69,700 |
137,928 |
Sanan
Optoelectronics Co. Ltd., Class A |
29,700 |
60,246 |
Sany
Heavy Equipment International Holdings
Co.
Ltd. |
78,000 |
102,462 |
Sany
Heavy Industry Co. Ltd., Class A |
54,000 |
106,417 |
Seres
Group Co. Ltd., Class A * |
9,100 |
101,228 |
SF
Holding Co. Ltd., Class A |
32,400 |
173,260 |
Shaanxi
Beiyuan Chemical Industry Group Co.
Ltd.,
Class A |
593,100 |
423,389 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Shaanxi
Coal Industry Co. Ltd., Class A |
59,400 |
145,955 |
Shandong
Gold Mining Co. Ltd., Class A |
21,600 |
69,900 |
Shandong
Gold Mining Co. Ltd., Class H (b) |
50,250 |
94,140 |
Shandong
Hualu Hengsheng Chemical Co. Ltd.,
Class
A |
12,700 |
55,670 |
Shandong
Weigao Group Medical Polymer Co.
Ltd.,
Class H |
181,600 |
168,560 |
Shanghai
Aiko Solar Energy Co. Ltd., Class A |
10,900 |
29,110 |
Shanghai
Baosight Software Co. Ltd., Class A |
10,900 |
63,348 |
Shanghai
Baosight Software Co. Ltd., Class B |
45,320 |
93,207 |
Shanghai
Electric Group Co. Ltd., Class A * |
435,300 |
263,364 |
Shanghai
Fosun Pharmaceutical Group Co. Ltd.,
Class
H |
35,000 |
80,761 |
Shanghai
Fudan Microelectronics Group Co.
Ltd.,
Class H |
20,000 |
37,805 |
Shanghai
International Airport Co. Ltd.,
Class
A * |
16,300 |
82,646 |
Shanghai
International Port Group Co. Ltd.,
Class
A |
121,500 |
82,767 |
Shanghai
Junshi Biosciences Co. Ltd., Class H *
(b) |
21,600 |
59,873 |
Shanghai
Lujiazui Finance & Trade Zone
Development
Co. Ltd., Class B |
80,000 |
31,835 |
Shanghai
Pharmaceuticals Holding Co. Ltd.,
Class
H |
57,500 |
83,651 |
Shanghai
Pudong Development Bank Co. Ltd.,
Class
A |
178,200 |
165,594 |
Shanghai
Putailai New Energy Technology Co.
Ltd.,
Class A |
12,100 |
41,254 |
Shanghai
Rural Commercial Bank Co. Ltd.,
Class
A |
551,300 |
447,639 |
Shanxi
Coking Coal Energy Group Co. Ltd.,
Class
A |
33,100 |
39,019 |
Shanxi
Lu'an Environmental Energy
Development
Co. Ltd., Class A |
17,400 |
45,116 |
Shanxi
Meijin Energy Co. Ltd., Class A * |
45,800 |
43,767 |
Shanxi
Xinghuacun Fen Wine Factory Co. Ltd.,
Class
A |
7,100 |
239,013 |
Shede
Spirits Co. Ltd., Class A |
2,100 |
32,954 |
Shenwan
Hongyuan Group Co. Ltd., Class A |
203,000 |
121,393 |
Shenzhen
SED Industry Co. Ltd., Class A |
6,900 |
18,081 |
Shenzhen
Transsion Holdings Co. Ltd., Class A |
5,300 |
97,073 |
Shenzhou
International Group Holdings Ltd. |
59,400 |
583,455 |
Silergy
Corp. |
24,000 |
214,508 |
Sinomach
Heavy Equipment Group Co. Ltd.,
Class
A * |
977,300 |
395,495 |
Sinopec
Oilfield Service Corp., Class A * |
195,700 |
51,763 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
67
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Sinopharm
Group Co. Ltd., Class H |
100,400 |
240,085 |
Sinotruk
Hong Kong Ltd. |
49,000 |
92,292 |
Smoore
International Holdings Ltd. (b) |
162,000 |
124,847 |
Spring
Airlines Co. Ltd., Class A * |
5,900 |
44,018 |
StarPower
Semiconductor Ltd., Class A |
5,300 |
124,347 |
Sunny
Optical Technology Group Co. Ltd. |
53,900 |
451,571 |
TBEA
Co. Ltd., Class A |
30,240 |
57,680 |
TCL
Technology Group Corp., Class A * |
112,000 |
60,024 |
TCL
Zhonghuan Renewable Energy Technology
Co.
Ltd., Class A |
29,400 |
73,979 |
Tencent
Holdings Ltd. |
451,500 |
16,709,453 |
Tencent
Music Entertainment Group, Class A * |
97,200 |
337,356 |
Tianqi
Lithium Corp., Class A |
10,800 |
80,990 |
Tingyi
Cayman Islands Holding Corp. |
142,000 |
188,359 |
Tongcheng
Travel Holdings Ltd. *
(b) |
86,400 |
165,063 |
Tonghua
Dongbao Pharmaceutical Co. Ltd.,
Class
A |
61,700 |
93,247 |
Tongwei
Co. Ltd., Class A |
32,400 |
120,623 |
Topchoice
Medical Corp., Class A * |
1,900 |
23,204 |
Topsports
International Holdings Ltd. (b) |
216,000 |
181,644 |
Trip.com
Group Ltd. * |
40,450 |
1,378,602 |
Tsingtao
Brewery Co. Ltd. |
44,000 |
333,675 |
Unigroup
Guoxin Microelectronics Co. Ltd.,
Class
A * |
5,500 |
56,517 |
Uni-President
China Holdings Ltd. |
90,000 |
61,302 |
Unisplendour
Corp. Ltd., Class A * |
21,600 |
57,766 |
Vipshop
Holdings Ltd., ADR * |
20,466 |
291,845 |
Wanhua
Chemical Group Co. Ltd., Class A |
21,600 |
261,142 |
Want
Want China Holdings Ltd. |
372,000 |
231,146 |
Weichai
Power Co. Ltd., Class H |
145,000 |
217,039 |
Western
Securities Co. Ltd., Class A |
469,900 |
426,301 |
Will
Semiconductor Co. Ltd., Class A |
10,800 |
162,405 |
Wingtech
Technology Co. Ltd., Class A * |
7,500 |
50,881 |
Wuliangye
Yibin Co. Ltd., Class A |
27,000 |
573,639 |
WUS
Printed Circuit Kunshan Co. Ltd., Class A |
11,500 |
30,692 |
WuXi
AppTec Co. Ltd., Class A |
16,300 |
192,078 |
WuXi
AppTec Co. Ltd., Class H (b) |
27,000 |
324,447 |
XCMG
Construction Machinery Co. Ltd., Class A |
70,500 |
55,031 |
Xiamen
Faratronic Co. Ltd., Class A |
5,500 |
74,802 |
Xinyi
Glass Holdings Ltd. |
166,000 |
190,737 |
Xinyi
Solar Holdings Ltd. |
338,000 |
198,916 |
XPeng,
Inc., Class A * |
80,500 |
584,976 |
Yadea
Group Holdings Ltd. (b) |
108,000 |
197,139 |
Yankuang
Energy Group Co. Ltd., Class A |
24,250 |
64,559 |
Yankuang
Energy Group Co. Ltd., Class H |
164,000 |
284,828 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Yonyou
Network Technology Co. Ltd., Class A |
20,500 |
45,763 |
YTO
Express Group Co. Ltd., Class A |
20,500 |
37,942 |
Yuexiu
Property Co. Ltd. |
120,000 |
124,819 |
Yum
China Holdings, Inc. |
30,313 |
1,593,251 |
Yunnan
Energy New Material Co. Ltd., Class A |
5,700 |
52,144 |
Zhangzhou
Pientzehuang Pharmaceutical Co.
Ltd.,
Class A |
5,300 |
180,769 |
Zhaojin
Mining Industry Co. Ltd., Class H |
104,000 |
128,934 |
Zhejiang
Century Huatong Group Co. Ltd.,
Class
A * |
44,500 |
35,516 |
Zhejiang
China Commodities City Group Co.
Ltd.,
Class A |
32,800 |
34,782 |
Zhejiang
Dahua Technology Co. Ltd., Class A |
19,900 |
55,362 |
Zhejiang
Huayou Cobalt Co. Ltd., Class A |
10,000 |
50,162 |
Zhejiang
Sanhua Intelligent Controls Co. Ltd.,
Class
A |
21,500 |
78,427 |
Zhejiang
Zheneng Electric Power Co. Ltd.,
Class
A * |
80,000 |
49,684 |
ZhongAn
Online P&C Insurance Co. Ltd.,
Class
H *
(b) |
50,600 |
138,675 |
Zhongsheng
Group Holdings Ltd. |
54,000 |
124,702 |
Zhuzhou
CRRC Times Electric Co. Ltd., Class H |
39,700 |
128,127 |
Zijin
Mining Group Co. Ltd., Class A |
124,200 |
209,949 |
Zijin
Mining Group Co. Ltd., Class H |
416,000 |
643,515 |
ZJLD
Group, Inc. *
(a) |
35,800 |
52,115 |
ZTE
Corp., Class A |
26,300 |
93,721 |
ZTE
Corp., Class H |
56,200 |
124,891 |
ZTO
Express Cayman, Inc. |
32,400 |
758,892 |
|
|
134,244,200 |
Colombia
— 0.2% | ||
Banco
de Bogota SA |
8,262 |
49,982 |
Bancolombia
SA |
20,736 |
147,862 |
Bancolombia
SA (Preference) |
34,074 |
218,550 |
Ecopetrol
SA |
339,581 |
199,904 |
Grupo
Aval Acciones y Valores SA (Preference) |
301,559 |
33,702 |
Grupo
Energia Bogota SA ESP |
271,999 |
110,029 |
Grupo
Nutresa SA |
8,190 |
99,072 |
Interconexion
Electrica SA ESP |
33,426 |
117,754 |
|
|
976,855 |
Czech
Republic — 0.1% | ||
CEZ
A/S |
12,372 |
529,388 |
Komercni
Banka A/S |
5,724 |
167,762 |
|
|
697,150 |
68
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Egypt
— 0.1% | ||
Commercial
International Bank Egypt SAE |
176,655 |
345,094 |
Greece
— 0.3% | ||
Eurobank
Ergasias Services and Holdings SA * |
187,380 |
306,277 |
Hellenic
Telecommunications Organization SA |
14,742 |
206,630 |
JUMBO
SA |
8,014 |
210,803 |
Motor
Oil Hellas Corinth Refineries SA |
4,845 |
115,346 |
Mytilineos
SA |
7,585 |
280,739 |
National
Bank of Greece SA * |
41,364 |
236,906 |
OPAP
SA |
13,349 |
226,109 |
|
|
1,582,810 |
Hong
Kong — 0.1% | ||
Kingboard
Laminates Holdings Ltd. |
60,000 |
56,268 |
Nine
Dragons Paper Holdings Ltd. |
126,000 |
71,729 |
Orient
Overseas International Ltd. |
10,000 |
126,098 |
Sino
Biopharmaceutical Ltd. |
756,000 |
293,690 |
|
|
547,785 |
Hungary
— 0.2% | ||
MOL
Hungarian Oil & Gas plc |
32,773 |
260,770 |
OTP
Bank Nyrt. |
16,491 |
613,796 |
Richter
Gedeon Nyrt. |
9,479 |
222,256 |
|
|
1,096,822 |
India
— 17.2% | ||
ABB
India Ltd. |
3,942 |
194,422 |
ACC
Ltd. |
6,318 |
143,331 |
Adani
Energy Solutions Ltd. * |
25,958 |
240,004 |
Adani
Enterprises Ltd. |
26,527 |
731,469 |
Adani
Green Energy Ltd. * |
27,645 |
302,702 |
Adani
Ports & Special Economic Zone Ltd. |
51,836 |
489,012 |
Adani
Power Ltd. * |
58,104 |
253,363 |
Adani
Total Gas Ltd. |
20,736 |
140,542 |
Adani
Wilmar Ltd. * |
11,772 |
46,178 |
Alkem
Laboratories Ltd. |
3,078 |
137,654 |
Ambuja
Cements Ltd. |
55,404 |
282,655 |
Apollo
Hospitals Enterprise Ltd. |
7,560 |
437,747 |
Ashok
Leyland Ltd. |
108,378 |
218,509 |
Asian
Paints Ltd. |
32,783 |
1,180,884 |
AU
Small Finance Bank Ltd. (b) |
24,624 |
197,911 |
Aurobindo
Pharma Ltd. |
21,168 |
216,005 |
Avenue
Supermarts Ltd. *
(b) |
10,883 |
475,162 |
Axis
Bank Ltd. |
165,759 |
1,955,925 |
Bajaj
Auto Ltd. |
5,184 |
330,692 |
Bajaj
Finance Ltd. |
19,386 |
1,745,118 |
Bajaj
Finserv Ltd. |
27,845 |
525,037 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
India
— continued | ||
Bajaj
Holdings & Investment Ltd. |
2,052 |
170,718 |
Balkrishna
Industries Ltd. |
6,102 |
187,159 |
Bandhan
Bank Ltd. (b) |
57,078 |
146,974 |
Bank
of Baroda |
77,922 |
183,734 |
Berger
Paints India Ltd. |
21,190 |
142,179 |
Bharat
Electronics Ltd. |
260,457 |
417,276 |
Bharat
Forge Ltd. |
19,278 |
236,127 |
Bharat
Petroleum Corp. Ltd. |
71,874 |
301,307 |
Bharti
Airtel Ltd. |
182,866 |
2,008,347 |
Biocon
Ltd. |
34,006 |
89,741 |
Bosch
Ltd. |
648 |
151,441 |
Britannia
Industries Ltd. |
8,645 |
459,874 |
Canara
Bank |
27,324 |
126,237 |
Cholamandalam
Investment and Finance Co.
Ltd. |
29,700 |
405,872 |
Cipla
Ltd. |
39,329 |
566,933 |
Coal
India Ltd. |
156,180 |
589,538 |
Colgate-Palmolive
India Ltd. |
9,990 |
253,639 |
Container
Corp. of India Ltd. |
20,628 |
170,576 |
Dabur
India Ltd. |
42,634 |
270,838 |
Divi's
Laboratories Ltd. |
9,266 |
377,094 |
DLF
Ltd. |
46,602 |
315,700 |
Dr
Reddy's Laboratories Ltd. |
9,126 |
589,034 |
Eicher
Motors Ltd. |
10,476 |
414,619 |
Embassy
Office Parks, REIT |
45,738 |
171,210 |
FSN
E-Commerce Ventures Ltd. * |
85,071 |
142,408 |
GAIL
India Ltd. |
198,126 |
284,473 |
Godrej
Consumer Products Ltd. * |
28,458 |
339,078 |
Godrej
Properties Ltd. * |
8,748 |
174,565 |
Grasim
Industries Ltd. |
27,291 |
618,521 |
Havells
India Ltd. |
18,227 |
272,887 |
HCL
Technologies Ltd. |
76,958 |
1,180,415 |
HDFC
Asset Management Co. Ltd. (b) |
7,297 |
239,686 |
HDFC
Bank Ltd. |
398,098 |
7,064,065 |
HDFC
Life Insurance Co. Ltd. (b) |
76,596 |
569,007 |
Hero
MotoCorp Ltd. |
9,774 |
362,707 |
Hindalco
Industries Ltd. |
106,216 |
586,286 |
Hindustan
Aeronautics Ltd. (b) |
13,184 |
288,529 |
Hindustan
Petroleum Corp. Ltd. * |
48,114 |
143,144 |
Hindustan
Unilever Ltd. |
64,924 |
1,937,552 |
ICICI
Bank Ltd. |
353,917 |
3,893,725 |
ICICI
Lombard General Insurance Co. Ltd. (b) |
17,766 |
293,218 |
ICICI
Prudential Life Insurance Co. Ltd. (b) |
29,268 |
184,691 |
Indian
Hotels Co. Ltd. |
64,039 |
294,948 |
Indian
Oil Corp. Ltd. |
283,953 |
305,885 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
69
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
India
— continued | ||
Indian
Railway Catering & Tourism Corp. Ltd. |
27,307 |
218,264 |
Indraprastha
Gas Ltd. |
26,352 |
121,050 |
Indus
Towers Ltd. * |
62,910 |
130,184 |
IndusInd
Bank Ltd. |
43,254 |
749,312 |
Info
Edge India Ltd. |
5,508 |
270,306 |
Infosys
Ltd. |
259,550 |
4,268,499 |
InterGlobe
Aviation Ltd. *
(b) |
8,977 |
264,575 |
ITC
Ltd. |
217,537 |
1,119,780 |
Jindal
Steel & Power Ltd. |
29,970 |
228,197 |
JSW
Energy Ltd. |
30,942 |
143,454 |
JSW
Steel Ltd. |
68,551 |
606,545 |
Jubilant
Foodworks Ltd. |
28,782 |
173,184 |
Kotak
Mahindra Bank Ltd. |
79,485 |
1,661,620 |
L&T
Technology Services Ltd. (b) |
1,998 |
100,586 |
Larsen
& Toubro Ltd. |
50,084 |
1,762,501 |
LTIMindtree
Ltd. (b) |
6,670 |
405,808 |
Lupin
Ltd. |
18,144 |
245,870 |
Macrotech
Developers Ltd. (b) |
18,144 |
171,713 |
Mahindra
& Mahindra Ltd. |
69,627 |
1,220,233 |
Marico
Ltd. |
38,934 |
250,884 |
Maruti
Suzuki India Ltd. |
9,666 |
1,207,058 |
Mphasis
Ltd. |
6,210 |
158,543 |
MRF
Ltd. |
180 |
234,199 |
Muthoot
Finance Ltd. |
8,079 |
126,058 |
Nestle
India Ltd. |
2,595 |
755,636 |
NMDC
Ltd. |
86,076 |
159,523 |
NTPC
Ltd. |
345,506 |
978,871 |
Oil
& Natural Gas Corp. Ltd. |
283,589 |
634,555 |
One
97 Communications Ltd. * |
19,373 |
214,402 |
Page
Industries Ltd. |
432 |
196,294 |
Patanjali
Foods Ltd. |
7,014 |
115,237 |
Petronet
LNG Ltd. |
56,484 |
135,390 |
PI
Industries Ltd. |
5,846 |
238,760 |
Pidilite
Industries Ltd. |
11,091 |
327,462 |
Power
Finance Corp. Ltd. |
109,350 |
323,839 |
Power
Grid Corp. of India Ltd. |
331,394 |
804,869 |
Procter
& Gamble Hygiene & Health Care Ltd. |
702 |
147,895 |
Punjab
National Bank |
165,888 |
145,504 |
REC
Ltd. |
93,204 |
322,160 |
Reliance
Industries Ltd. |
250,908 |
6,899,415 |
Samvardhana
Motherson International Ltd. |
172,464 |
190,474 |
SBI
Cards & Payment Services Ltd. |
21,384 |
191,630 |
SBI
Life Insurance Co. Ltd. (b) |
32,755 |
537,976 |
Shree
Cement Ltd. |
708 |
218,215 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
India
— continued | ||
Shriram
Finance Ltd. |
20,185 |
455,478 |
Siemens
Ltd. |
6,474 |
259,030 |
Sona
Blw Precision Forgings Ltd. (b) |
29,799 |
193,931 |
SRF
Ltd. |
10,562 |
278,506 |
Star
Health & Allied Insurance Co. Ltd. * |
14,389 |
100,245 |
State
Bank of India |
129,795 |
881,968 |
Steel
Authority of India Ltd. |
105,115 |
105,912 |
Sun
Pharmaceutical Industries Ltd. |
78,510 |
1,026,452 |
Sundaram
Finance Ltd. |
5,076 |
193,594 |
Tata
Consultancy Services Ltd. |
74,501 |
3,016,068 |
Tata
Consumer Products Ltd. |
45,468 |
491,970 |
Tata
Elxsi Ltd. |
2,592 |
237,432 |
Tata
Motors Ltd. |
130,441 |
985,223 |
Tata
Motors Ltd., Class A |
34,018 |
171,766 |
Tata
Power Co. Ltd. (The) |
124,149 |
357,191 |
Tata
Steel Ltd. |
586,533 |
836,975 |
Tech
Mahindra Ltd. |
45,363 |
618,213 |
Titan
Co. Ltd. |
30,343 |
1,163,222 |
Torrent
Pharmaceuticals Ltd. |
7,344 |
169,759 |
Tube
Investments of India Ltd. |
7,884 |
298,265 |
TVS
Motor Co. Ltd. |
17,273 |
330,076 |
UltraTech
Cement Ltd. |
8,396 |
849,709 |
United
Spirits Ltd. * |
22,410 |
277,912 |
UPL
Ltd. |
37,115 |
240,986 |
Varun
Beverages Ltd. |
34,009 |
371,203 |
Vedanta
Ltd. |
84,078 |
218,799 |
Voltas
Ltd. |
17,172 |
172,801 |
Wipro
Ltd. |
102,494 |
470,521 |
Yes
Bank Ltd. * |
1,275,540 |
244,465 |
Zomato
Ltd. * |
387,404 |
489,998 |
Zydus
Lifesciences Ltd. |
19,062 |
131,349 |
|
|
83,181,828 |
Indonesia
— 2.1% | ||
Adaro
Energy Indonesia Tbk. PT |
1,058,400 |
170,772 |
Adaro
Minerals Indonesia Tbk. PT * |
475,700 |
32,941 |
Allo
Bank Indonesia Tbk. PT * |
242,900 |
18,273 |
Aneka
Tambang Tbk. |
696,500 |
74,625 |
Astra
International Tbk. PT |
1,528,200 |
555,928 |
Avia
Avian Tbk. PT |
1,339,200 |
42,153 |
Bank
Central Asia Tbk. PT |
4,033,800 |
2,222,304 |
Bank
Mandiri Persero Tbk. PT |
3,257,700 |
1,163,820 |
Bank
Negara Indonesia Persero Tbk. PT |
1,123,200 |
338,967 |
Bank
Rakyat Indonesia Persero Tbk. PT |
5,179,800 |
1,619,640 |
Barito
Pacific Tbk. PT |
2,057,400 |
145,708 |
70
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Indonesia
— continued | ||
Bayan
Resources Tbk. PT |
557,400 |
639,682 |
Bukit
Asam Tbk. PT |
291,900 |
45,572 |
Capital
Financial Indonesia Tbk. PT * |
1,307,300 |
45,636 |
Charoen
Pokphand Indonesia Tbk. PT * |
540,000 |
197,167 |
Dayamitra
Telekomunikasi PT |
1,336,400 |
52,160 |
Elang
Mahkota Teknologi Tbk. PT |
2,997,000 |
94,426 |
GoTo
Gojek Tokopedia Tbk. PT * |
7,857,500 |
29,727 |
Gudang
Garam Tbk. PT |
34,400 |
50,404 |
Indah
Kiat Pulp & Paper Tbk. PT |
194,400 |
117,496 |
Indocement
Tunggal Prakarsa Tbk. PT |
140,400 |
82,017 |
Indofood
CBP Sukses Makmur Tbk. PT |
162,000 |
105,553 |
Indofood
Sukses Makmur Tbk. PT |
334,800 |
140,165 |
Kalbe
Farma Tbk. PT |
1,431,600 |
152,257 |
Merdeka
Copper Gold Tbk. PT * |
1,036,800 |
145,417 |
Mitra
Keluarga Karyasehat Tbk. PT (b) |
410,400 |
70,790 |
Sarana
Menara Nusantara Tbk. PT |
1,632,200 |
91,541 |
Semen
Indonesia Persero Tbk. PT |
248,400 |
95,449 |
Sumber
Alfaria Trijaya Tbk. PT |
1,436,400 |
261,328 |
Telkom
Indonesia Persero Tbk. PT |
3,585,600 |
786,020 |
Transcoal
Pacific Tbk. PT |
72,700 |
39,931 |
Trimegah
Bangun Persada Tbk. PT |
642,400 |
39,409 |
Unilever
Indonesia Tbk. PT |
426,600 |
97,217 |
United
Tractors Tbk. PT |
150,800 |
238,642 |
|
|
10,003,137 |
Kuwait
— 0.8% | ||
Agility
Public Warehousing Co. KSC * |
118,559 |
201,867 |
Boubyan
Bank KSCP |
112,698 |
213,565 |
Gulf
Bank KSCP |
270,000 |
206,968 |
Kuwait
Finance House KSCP |
590,000 |
1,305,304 |
Mabanee
Co. KPSC |
47,090 |
125,660 |
Mobile
Telecommunications Co. KSCP |
155,825 |
242,413 |
National
Bank of Kuwait SAKP |
576,667 |
1,634,710 |
|
|
3,930,487 |
Luxembourg
— 0.0% ^ | ||
Reinet
Investments SCA |
7,268 |
151,018 |
Malaysia
— 1.6% | ||
AMMB
Holdings Bhd. |
162,000 |
129,963 |
Axiata
Group Bhd. |
356,400 |
163,067 |
CELCOMDIGI
Bhd. |
253,800 |
225,328 |
CIMB
Group Holdings Bhd. |
545,400 |
653,442 |
Dialog
Group Bhd. |
442,800 |
199,787 |
Gamuda
Bhd. |
243,000 |
236,650 |
Genting
Bhd. |
160,700 |
135,982 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Malaysia
— continued | ||
Genting
Malaysia Bhd. |
291,600 |
148,179 |
HAP
Seng Consolidated Bhd. |
199,800 |
205,902 |
Hong
Leong Bank Bhd. |
59,400 |
241,865 |
IHH
Healthcare Bhd. |
232,200 |
292,292 |
IOI
Corp. Bhd. |
232,200 |
191,586 |
Kuala
Lumpur Kepong Bhd. |
41,900 |
193,417 |
Malayan
Banking Bhd. |
530,100 |
1,003,775 |
Malaysia
Airports Holdings Bhd. |
81,200 |
125,983 |
Maxis
Bhd. |
172,800 |
143,681 |
MR
DIY Group M Bhd. (b) |
421,200 |
130,860 |
Petronas
Chemicals Group Bhd. |
216,000 |
333,074 |
Petronas
Dagangan Bhd. |
27,000 |
129,546 |
Petronas
Gas Bhd. |
70,500 |
254,507 |
PPB
Group Bhd. |
53,100 |
169,180 |
Press
Metal Aluminium Holdings Bhd. |
270,000 |
279,093 |
Public
Bank Bhd. |
1,100,900 |
961,528 |
RHB
Bank Bhd. |
219,600 |
257,218 |
Sime
Darby Bhd. |
233,700 |
112,320 |
Sime
Darby Plantation Bhd. |
271,600 |
247,599 |
Telekom
Malaysia Bhd. |
150,100 |
159,785 |
Tenaga
Nasional Bhd. |
206,200 |
428,456 |
Top
Glove Corp. Bhd. * |
394,200 |
60,005 |
|
|
7,814,070 |
Mexico
— 2.0% | ||
Arca
Continental SAB de CV |
35,309 |
316,839 |
Cemex
SAB de CV * |
1,140,588 |
682,619 |
Coca-Cola
Femsa SAB de CV |
39,582 |
300,910 |
Fibra
Uno Administracion SA de CV, REIT |
216,486 |
329,130 |
Fomento
Economico Mexicano SAB de CV |
133,583 |
1,510,320 |
Gruma
SAB de CV, Class B |
13,716 |
238,898 |
Grupo
Aeroportuario del Pacifico SAB de CV,
Class
B |
28,498 |
332,717 |
Grupo
Aeroportuario del Sureste SAB de CV,
Class
B |
14,202 |
307,215 |
Grupo
Bimbo SAB de CV |
109,215 |
443,306 |
Grupo
Carso SAB de CV |
39,398 |
252,528 |
Grupo
Elektra SAB de CV |
4,158 |
265,453 |
Grupo
Financiero Banorte SAB de CV, Class O |
186,894 |
1,513,998 |
Grupo
Financiero Inbursa SAB de CV, Class O * |
147,636 |
304,706 |
Grupo
Mexico SAB de CV |
231,629 |
961,898 |
Industrias
CH SAB de CV * |
8,461 |
90,575 |
Industrias
Penoles SAB de CV * |
14,040 |
155,344 |
Kimberly-Clark
de Mexico SAB de CV, Class A |
106,110 |
194,458 |
Operadora
De Sites Mexicanos SAB de CV |
67,296 |
57,520 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
71
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Mexico
— continued | ||
Orbia
Advance Corp. SAB de CV |
70,157 |
113,861 |
Promotora
y Operadora de Infraestructura SAB
de
CV |
17,881 |
147,350 |
Wal-Mart
de Mexico SAB de CV |
355,530 |
1,273,905 |
|
|
9,793,550 |
Peru
— 0.2% | ||
Credicorp
Ltd. |
4,940 |
617,302 |
Enel
Distribucion Peru SAA |
38,432 |
36,215 |
InRetail
Peru Corp. (b) |
2,269 |
71,247 |
Intercorp
Financial Services, Inc. |
2,434 |
45,857 |
|
|
770,621 |
Philippines
— 0.8% | ||
Aboitiz
Equity Ventures, Inc. |
169,520 |
136,859 |
ACEN
Corp. |
662,900 |
62,037 |
Ayala
Corp. |
18,900 |
202,074 |
Ayala
Land, Inc. |
453,600 |
223,195 |
Bank
of the Philippine Islands |
148,500 |
263,029 |
BDO
Unibank, Inc. |
158,220 |
356,149 |
Emperador,
Inc. |
240,200 |
88,054 |
Globe
Telecom, Inc. |
2,365 |
73,359 |
GT
Capital Holdings, Inc. |
6,410 |
62,019 |
International
Container Terminal Services, Inc. |
61,020 |
216,195 |
JG
Summit Holdings, Inc. |
230,100 |
149,252 |
Jollibee
Foods Corp. |
33,480 |
121,023 |
Manila
Electric Co. |
21,060 |
131,764 |
Metropolitan
Bank & Trust Co. |
322,990 |
297,715 |
Monde
Nissin Corp. *
(b) |
545,400 |
78,821 |
PLDT,
Inc. |
6,480 |
138,465 |
SM
Investments Corp. |
36,720 |
518,975 |
SM
Prime Holdings, Inc. |
869,400 |
459,676 |
Universal
Robina Corp. |
65,880 |
127,006 |
|
|
3,705,667 |
Qatar
— 0.9% | ||
Commercial
Bank PSQC (The) |
240,894 |
339,144 |
Dukhan
Bank |
113,706 |
113,314 |
Industries
Qatar QSC |
136,387 |
458,171 |
Masraf
Al Rayan QSC |
486,934 |
280,846 |
Mesaieed
Petrochemical Holding Co. |
270,351 |
118,260 |
Ooredoo
QPSC |
55,904 |
151,851 |
Qatar
Electricity & Water Co. QSC |
38,676 |
175,726 |
Qatar
Fuel QSC |
46,273 |
188,727 |
Qatar
Gas Transport Co. Ltd. |
197,415 |
190,854 |
Qatar
International Islamic Bank QSC |
87,804 |
223,067 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Qatar
— continued | ||
Qatar
Islamic Bank SAQ |
120,282 |
574,817 |
Qatar
National Bank QPSC |
322,403 |
1,318,479 |
|
|
4,133,256 |
Saudi
Arabia — 3.8% | ||
ACWA
Power Co. |
9,936 |
601,549 |
Advanced
Petrochemical Co. |
9,558 |
95,160 |
Al
Rajhi Bank |
142,531 |
2,551,386 |
Alinma
Bank |
73,818 |
647,873 |
Almarai
Co. JSC |
18,792 |
280,007 |
Arabian
Internet & Communications Services
Co. |
1,944 |
162,261 |
Bank
Al-Jazira * |
30,240 |
131,956 |
Banque
Saudi Fransi |
44,496 |
425,200 |
Bupa
Arabia for Cooperative Insurance Co. |
1,900 |
107,874 |
Dr
Sulaiman Al Habib Medical Services Group
Co. |
6,372 |
427,998 |
Elm
Co. |
1,998 |
373,440 |
Etihad
Etisalat Co. |
28,404 |
349,031 |
Jarir
Marketing Co. |
44,280 |
170,907 |
Mouwasat
Medical Services Co. |
7,006 |
186,747 |
Nahdi
Medical Co. |
2,970 |
112,296 |
Riyad
Bank |
110,808 |
784,186 |
SABIC
Agri-Nutrients Co. |
17,550 |
626,589 |
Sahara
International Petrochemical Co. |
27,054 |
233,027 |
Saudi
Arabian Mining Co. * |
88,594 |
848,837 |
Saudi
Arabian Oil Co. (b) |
316,770 |
2,814,299 |
Saudi
Aramco Base Oil Co. |
3,774 |
129,959 |
Saudi
Awwal Bank |
27,864 |
248,801 |
Saudi
Basic Industries Corp. |
65,448 |
1,344,907 |
Saudi
Electricity Co. |
59,616 |
283,041 |
Saudi
Industrial Investment Group |
27,864 |
178,225 |
Saudi
Investment Bank (The) |
36,882 |
144,572 |
Saudi
Kayan Petrochemical Co. * |
55,350 |
156,206 |
Saudi
National Bank (The) |
213,798 |
1,913,097 |
Saudi
Tadawul Group Holding Co. |
3,618 |
160,484 |
Saudi
Telecom Co. |
135,845 |
1,391,612 |
Savola
Group (The) |
22,356 |
216,910 |
Yanbu
National Petrochemical Co. |
20,736 |
209,580 |
|
|
18,308,017 |
South
Africa — 2.8% | ||
Absa
Group Ltd. |
61,647 |
562,506 |
African
Rainbow Minerals Ltd. |
8,154 |
67,192 |
Anglo
American Platinum Ltd. |
4,212 |
140,730 |
Aspen
Pharmacare Holdings Ltd. |
27,218 |
247,229 |
72
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
South
Africa — continued | ||
Bid
Corp. Ltd. |
24,391 |
517,449 |
Bidvest
Group Ltd. (The) |
24,744 |
350,246 |
Capitec
Bank Holdings Ltd. |
6,585 |
585,108 |
Clicks
Group Ltd. |
17,960 |
264,656 |
Discovery
Ltd. |
36,675 |
253,021 |
Exxaro
Resources Ltd. |
18,144 |
182,110 |
FirstRand
Ltd. |
387,512 |
1,277,510 |
Gold
Fields Ltd. |
64,975 |
857,147 |
Growthpoint
Properties Ltd., REIT |
249,478 |
129,708 |
Impala
Platinum Holdings Ltd. |
64,260 |
267,681 |
Kumba
Iron Ore Ltd. |
4,104 |
108,740 |
Life
Healthcare Group Holdings Ltd. |
110,538 |
110,138 |
Mr
Price Group Ltd. |
31,075 |
224,607 |
MTN
Group Ltd. |
121,947 |
595,291 |
MultiChoice
Group * |
33,372 |
125,001 |
Naspers
Ltd., Class N * |
13,619 |
2,125,938 |
Nedbank
Group Ltd. |
36,666 |
394,586 |
Northam
Platinum Holdings Ltd. |
26,246 |
158,413 |
Old
Mutual Ltd. |
366,266 |
232,877 |
Remgro
Ltd. |
38,484 |
297,506 |
Sanlam
Ltd. |
126,549 |
443,864 |
Sasol
Ltd. |
41,976 |
530,566 |
Shoprite
Holdings Ltd. |
34,401 |
440,831 |
Sibanye
Stillwater Ltd. |
212,437 |
270,974 |
Standard
Bank Group Ltd. |
97,648 |
958,221 |
Tiger
Brands Ltd. |
12,204 |
112,986 |
Vodacom
Group Ltd. |
49,860 |
271,431 |
Woolworths
Holdings Ltd. |
65,425 |
243,586 |
|
|
13,347,849 |
South
Korea — 11.8% | ||
Amorepacific
Corp. |
2,214 |
207,820 |
AMOREPACIFIC
Group |
2,457 |
52,195 |
BGF
retail Co. Ltd. |
717 |
73,322 |
BNK
Financial Group, Inc. |
21,621 |
108,822 |
Celltrion
Healthcare Co. Ltd. |
8,100 |
400,671 |
Celltrion,
Inc. |
8,410 |
933,959 |
Cheil
Worldwide, Inc. |
9,206 |
135,552 |
CJ
CheilJedang Corp. |
616 |
129,050 |
CJ
Corp. |
1,109 |
69,175 |
CosmoAM&T
Co. Ltd. * |
1,713 |
178,345 |
Coway
Co. Ltd. |
4,050 |
129,603 |
DB
Insurance Co. Ltd. |
3,726 |
242,410 |
Doosan
Bobcat, Inc. |
3,937 |
113,114 |
Doosan
Enerbility Co. Ltd. * |
32,607 |
324,896 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
South
Korea — continued | ||
Ecopro
BM Co. Ltd. |
3,343 |
489,072 |
Ecopro
Co. Ltd. |
1,413 |
652,911 |
E-MART,
Inc. |
1,458 |
78,605 |
F&F
Co. Ltd. |
1,350 |
93,588 |
Hana
Financial Group, Inc. |
22,248 |
646,900 |
Hanjin
Kal Corp. |
2,669 |
84,279 |
Hankook
Tire & Technology Co. Ltd. |
5,778 |
163,931 |
Hanmi
Pharm Co. Ltd. |
477 |
99,734 |
Hanmi
Science Co. Ltd. |
2,798 |
65,758 |
Hanon
Systems |
12,042 |
61,447 |
Hanwha
Aerospace Co. Ltd. |
2,484 |
186,750 |
Hanwha
Corp. |
3,707 |
61,062 |
Hanwha
Ocean Co. Ltd. * |
3,470 |
60,684 |
Hanwha
Solutions Corp. * |
8,316 |
177,133 |
HD
Hyundai Co. Ltd. |
3,437 |
146,390 |
HD
Hyundai Heavy Industries Co. Ltd. * |
1,512 |
114,641 |
HD
Korea Shipbuilding & Offshore Engineering
Co.
Ltd. * |
3,456 |
231,839 |
HLB,
Inc. * |
8,788 |
189,345 |
HMM
Co. Ltd. |
27,270 |
295,369 |
Hotel
Shilla Co. Ltd. |
2,376 |
109,940 |
HYBE
Co. Ltd. * |
1,334 |
217,260 |
Hyundai
Engineering & Construction Co. Ltd. |
5,400 |
133,924 |
Hyundai
Glovis Co. Ltd. |
1,620 |
205,596 |
Hyundai
Marine & Fire Insurance Co. Ltd. |
4,291 |
100,096 |
Hyundai
Mobis Co. Ltd. |
4,594 |
711,449 |
Hyundai
Motor Co. |
9,999 |
1,259,716 |
Hyundai
Motor Co. (Preference) |
2,626 |
195,091 |
Hyundai
Rotem Co. Ltd. * |
5,400 |
93,360 |
Hyundai
Steel Co. |
8,754 |
212,883 |
Industrial
Bank of Korea |
21,600 |
178,761 |
Kakao
Corp. |
21,972 |
619,299 |
Kakao
Games Corp. * |
3,564 |
61,859 |
KakaoBank
Corp. |
24,962 |
337,817 |
Kakaopay
Corp. * |
1,836 |
46,806 |
Kangwon
Land, Inc. |
14,662 |
159,648 |
KB
Financial Group, Inc. |
27,287 |
1,040,133 |
Kia
Corp. |
18,419 |
1,052,304 |
Korea
Aerospace Industries Ltd. |
5,400 |
177,686 |
Korea
Electric Power Corp. * |
18,673 |
233,729 |
Korea
Investment Holdings Co. Ltd. |
3,074 |
114,917 |
Korea
Zinc Co. Ltd. |
1,025 |
356,207 |
Korean
Air Lines Co. Ltd. |
16,996 |
258,597 |
Krafton,
Inc. * |
2,643 |
321,738 |
KT
Corp. |
9,666 |
233,842 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
73
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
South
Korea — continued | ||
KT&G
Corp. |
7,487 |
472,305 |
Kumho
Petrochemical Co. Ltd. |
1,296 |
121,807 |
L&F
Co. Ltd. |
1,818 |
176,842 |
LG
Chem Ltd. |
3,439 |
1,127,105 |
LG
Chem Ltd. (Preference) |
540 |
112,782 |
LG
Corp. |
8,121 |
464,838 |
LG
Display Co. Ltd. * |
16,686 |
150,987 |
LG
Electronics, Inc. |
7,853 |
582,559 |
LG
Energy Solution Ltd. * |
2,894 |
829,619 |
LG
H&H Co. Ltd. |
702 |
164,580 |
LG
Innotek Co. Ltd. |
1,026 |
170,288 |
LG
Uplus Corp. |
15,947 |
119,518 |
Lotte
Chemical Corp. |
1,404 |
152,470 |
Lotte
Energy Materials Corp. |
1,615 |
46,266 |
Meritz
Financial Group, Inc. * |
8,208 |
305,482 |
NAVER
Corp. |
10,974 |
1,534,200 |
NCSoft
Corp. |
1,188 |
205,247 |
Netmarble
Corp. *
(b) |
1,944 |
55,811 |
Orion
Corp. |
1,890 |
167,275 |
Pan
Ocean Co. Ltd. |
17,930 |
57,244 |
Pearl
Abyss Corp. * |
2,808 |
102,873 |
POSCO
Future M Co. Ltd. |
2,253 |
397,030 |
POSCO
Holdings, Inc. |
5,412 |
1,656,750 |
Posco
International Corp. |
3,326 |
124,060 |
S-1
Corp. |
1,821 |
73,600 |
Samsung
Biologics Co. Ltd. *
(b) |
1,346 |
707,601 |
Samsung
C&T Corp. |
6,343 |
501,514 |
Samsung
Electro-Mechanics Co. Ltd. |
4,266 |
394,439 |
Samsung
Electronics Co. Ltd. |
373,333 |
18,582,605 |
Samsung
Electronics Co. Ltd. (Preference) |
59,838 |
2,389,016 |
Samsung
Engineering Co. Ltd. * |
11,544 |
203,459 |
Samsung
Fire & Marine Insurance Co. Ltd. |
2,484 |
474,997 |
Samsung
Heavy Industries Co. Ltd. * |
51,193 |
259,522 |
Samsung
Life Insurance Co. Ltd. |
6,835 |
365,941 |
Samsung
SDI Co. Ltd. |
3,800 |
1,203,212 |
Samsung
SDS Co. Ltd. |
3,017 |
309,257 |
Samsung
Securities Co. Ltd. |
4,725 |
123,778 |
Shinhan
Financial Group Co. Ltd. |
35,808 |
920,417 |
SK
Biopharmaceuticals Co. Ltd. * |
2,106 |
117,857 |
SK
Bioscience Co. Ltd. * |
1,837 |
82,678 |
SK
Hynix, Inc. |
39,174 |
3,401,953 |
SK
IE Technology Co. Ltd. *
(b) |
2,106 |
92,864 |
SK
Innovation Co. Ltd. * |
4,176 |
380,453 |
SK
Square Co. Ltd. * |
7,506 |
237,174 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
South
Korea — continued | ||
SK
Telecom Co. Ltd. |
8,100 |
295,382 |
SK,
Inc. |
2,836 |
299,002 |
SKC
Co. Ltd. |
1,512 |
88,424 |
S-Oil
Corp. |
3,132 |
154,572 |
Woori
Financial Group, Inc. |
51,068 |
451,071 |
Yuhan
Corp. |
3,942 |
168,040 |
|
|
57,007,796 |
Taiwan
— 15.0% | ||
Accton
Technology Corp. |
39,000 |
604,277 |
Acer,
Inc. |
227,000 |
239,913 |
Advanced
Energy Solution Holding Co. Ltd. |
4,000 |
76,166 |
Advantech
Co. Ltd. |
36,196 |
371,724 |
ASE
Technology Holding Co. Ltd. |
249,000 |
871,744 |
Asia
Cement Corp. |
189,000 |
233,391 |
Asustek
Computer, Inc. |
53,000 |
555,712 |
AUO
Corp. |
540,000 |
261,384 |
Catcher
Technology Co. Ltd. |
51,000 |
286,105 |
Cathay
Financial Holding Co. Ltd. |
701,000 |
951,292 |
Chailease
Holding Co. Ltd. |
117,200 |
635,757 |
Chang
Hwa Commercial Bank Ltd. |
478,450 |
253,472 |
Cheng
Shin Rubber Industry Co. Ltd. |
154,000 |
210,448 |
Chicony
Electronics Co. Ltd. |
50,000 |
192,487 |
China
Airlines Ltd. |
217,000 |
130,082 |
China
Development Financial Holding Corp. * |
1,242,000 |
434,152 |
China
Steel Corp. |
916,000 |
683,385 |
Chunghwa
Telecom Co. Ltd. |
210,000 |
751,074 |
Compal
Electronics, Inc. |
323,000 |
280,957 |
CTBC
Financial Holding Co. Ltd. |
1,423,000 |
1,071,666 |
Delta
Electronics, Inc. |
141,000 |
1,270,677 |
E
Ink Holdings, Inc. |
65,000 |
338,203 |
E.Sun
Financial Holding Co. Ltd. |
1,121,149 |
826,107 |
Eclat
Textile Co. Ltd. |
17,000 |
270,576 |
eMemory
Technology, Inc. |
5,000 |
313,257 |
Eva
Airways Corp. |
193,000 |
163,667 |
Evergreen
Marine Corp. Taiwan Ltd. |
74,000 |
246,256 |
Far
Eastern New Century Corp. |
277,000 |
252,378 |
Far
EasTone Telecommunications Co. Ltd. |
118,000 |
276,406 |
Feng
TAY Enterprise Co. Ltd. |
45,360 |
250,470 |
First
Financial Holding Co. Ltd. |
778,260 |
622,722 |
Formosa
Chemicals & Fibre Corp. |
294,000 |
553,154 |
Formosa
Petrochemical Corp. |
107,000 |
261,405 |
Formosa
Plastics Corp. |
323,000 |
768,150 |
Foxconn
Technology Co. Ltd. |
75,000 |
121,690 |
Fubon
Financial Holding Co. Ltd. |
614,000 |
1,141,791 |
74
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Taiwan
— continued | ||
Giant
Manufacturing Co. Ltd. |
24,000 |
121,358 |
Global
Unichip Corp. |
6,000 |
268,158 |
Globalwafers
Co. Ltd. |
15,000 |
220,499 |
Highwealth
Construction Corp. |
118,600 |
149,016 |
Hiwin
Technologies Corp. |
21,000 |
127,263 |
Hon
Hai Precision Industry Co. Ltd. |
816,000 |
2,435,527 |
Hotai
Motor Co. Ltd. |
25,520 |
476,181 |
Hua
Nan Financial Holdings Co. Ltd. |
744,000 |
466,580 |
Innolux
Corp. |
666,550 |
251,267 |
Inventec
Corp. |
227,000 |
284,378 |
Largan
Precision Co. Ltd. |
8,000 |
512,375 |
Lite-On
Technology Corp. |
162,000 |
504,389 |
Macronix
International Co. Ltd. |
139,000 |
116,151 |
MediaTek,
Inc. |
116,000 |
3,027,526 |
Mega
Financial Holding Co. Ltd. |
806,360 |
915,004 |
Merida
Industry Co. Ltd. |
16,000 |
81,978 |
Micro-Star
International Co. Ltd. |
56,000 |
286,683 |
momo.com,
Inc. |
6,500 |
107,162 |
Nan
Ya Plastics Corp. |
378,000 |
723,236 |
Nan
Ya Printed Circuit Board Corp. |
19,000 |
139,462 |
Nanya
Technology Corp. |
87,000 |
174,416 |
Nien
Made Enterprise Co. Ltd. |
15,000 |
132,710 |
Novatek
Microelectronics Corp. |
41,000 |
577,406 |
Oneness
Biotech Co. Ltd. |
27,163 |
164,607 |
Pegatron
Corp. |
157,000 |
366,379 |
PharmaEssentia
Corp. * |
23,000 |
228,688 |
Phison
Electronics Corp. |
12,000 |
173,198 |
Polaris
Group * |
40,000 |
90,531 |
Pou
Chen Corp. |
189,000 |
168,468 |
Powerchip
Semiconductor Manufacturing Corp. |
225,000 |
185,090 |
Powertech
Technology, Inc. |
54,000 |
175,437 |
President
Chain Store Corp. |
41,000 |
326,128 |
Quanta
Computer, Inc. |
203,000 |
1,198,574 |
Radiant
Opto-Electronics Corp. |
50,000 |
191,649 |
Realtek
Semiconductor Corp. |
35,000 |
436,201 |
Ruentex
Development Co. Ltd. |
138,900 |
139,300 |
Ruentex
Industries Ltd. |
60,000 |
106,203 |
Shanghai
Commercial & Savings Bank Ltd.
(The) |
355,000 |
470,372 |
Shin
Kong Financial Holding Co. Ltd. * |
1,134,000 |
304,647 |
Simplo
Technology Co. Ltd. |
13,000 |
133,935 |
Sino-American
Silicon Products, Inc. |
40,000 |
202,496 |
SinoPac
Financial Holdings Co. Ltd. |
899,740 |
496,221 |
Synnex
Technology International Corp. |
95,000 |
201,619 |
Taishin
Financial Holding Co. Ltd. |
906,750 |
483,630 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Taiwan
— continued | ||
Taiwan
Business Bank |
466,728 |
184,014 |
Taiwan
Cement Corp. |
479,000 |
477,284 |
Taiwan
Cooperative Financial Holding Co. Ltd. |
769,100 |
597,258 |
Taiwan
High Speed Rail Corp. |
163,000 |
147,994 |
Taiwan
Mobile Co. Ltd. |
125,000 |
369,408 |
Taiwan
Semiconductor Manufacturing Co. Ltd. |
1,773,000 |
28,957,556 |
Tatung
Co. Ltd. * |
151,000 |
167,348 |
Teco
Electric and Machinery Co. Ltd. |
118,000 |
168,423 |
Tripod
Technology Corp. |
34,000 |
174,067 |
Unimicron
Technology Corp. |
100,000 |
445,991 |
Uni-President
Enterprises Corp. |
347,000 |
727,988 |
United
Microelectronics Corp. |
846,000 |
1,216,645 |
Vanguard
International Semiconductor Corp. |
65,000 |
141,162 |
Voltronic
Power Technology Corp. |
6,000 |
240,624 |
Walsin
Lihwa Corp. |
220,000 |
234,142 |
Wan
Hai Lines Ltd. |
108,000 |
154,360 |
Win
Semiconductors Corp. |
28,000 |
125,498 |
Winbond
Electronics Corp. |
202,000 |
156,534 |
Wistron
Corp. |
217,000 |
605,105 |
Wiwynn
Corp. |
8,000 |
379,065 |
WPG
Holdings Ltd. |
121,000 |
267,752 |
Yageo
Corp. |
25,000 |
407,589 |
Yang
Ming Marine Transport Corp. |
129,000 |
168,136 |
Yuanta
Financial Holding Co. Ltd. |
931,515 |
699,863 |
Zhen
Ding Technology Holding Ltd. |
54,000 |
163,266 |
|
|
72,491,267 |
Thailand
— 1.7% | ||
Advanced
Info Service PCL, NVDR |
79,900 |
489,380 |
Airports
of Thailand PCL, NVDR * |
315,200 |
585,206 |
B
Grimm Power PCL, NVDR |
92,900 |
57,148 |
Bangkok
Bank PCL, NVDR |
42,700 |
187,116 |
Bangkok
Dusit Medical Services PCL, NVDR |
302,400 |
222,919 |
Bangkok
Expressway & Metro PCL, NVDR |
567,000 |
124,558 |
Bank
of Ayudhya PCL, NVDR |
126,100 |
100,006 |
Banpu
PCL, NVDR |
252,000 |
53,269 |
Berli
Jucker PCL, NVDR |
256,300 |
201,633 |
BTS
Group Holdings PCL, NVDR |
513,200 |
106,409 |
Bumrungrad
Hospital PCL, NVDR |
29,100 |
210,320 |
Carabao
Group PCL, NVDR |
34,200 |
64,245 |
Central
Pattana PCL, NVDR |
100,400 |
174,660 |
Central
Retail Corp. PCL, NVDR |
226,800 |
231,955 |
Charoen
Pokphand Foods PCL, NVDR |
394,100 |
205,005 |
CP
ALL PCL, NVDR |
320,000 |
491,799 |
CP
Axtra PCL, NVDR |
115,300 |
90,654 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
75
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Thailand
— continued | ||
Delta
Electronics Thailand PCL, NVDR |
327,400 |
719,706 |
Energy
Absolute PCL, NVDR |
135,000 |
157,797 |
Gulf
Energy Development PCL, NVDR |
415,800 |
500,431 |
Home
Product Center PCL, NVDR |
297,000 |
98,332 |
Indorama
Ventures PCL, NVDR |
215,600 |
142,055 |
Intouch
Holdings PCL, NVDR |
86,000 |
169,873 |
JMT
Network Services PCL, NVDR |
51,000 |
41,870 |
Kasikornbank
PCL, NVDR |
86,400 |
315,986 |
Krung
Thai Bank PCL, NVDR |
259,200 |
135,526 |
Krungthai
Card PCL, NVDR |
78,800 |
95,926 |
Minor
International PCL, NVDR |
199,300 |
155,311 |
Muangthai
Capital PCL, NVDR |
52,200 |
53,013 |
Osotspa
PCL, NVDR |
113,400 |
74,156 |
PTT
Exploration & Production PCL, NVDR |
106,600 |
486,824 |
PTT
Global Chemical PCL, NVDR |
124,200 |
119,285 |
PTT
Oil & Retail Business PCL, NVDR |
226,800 |
115,494 |
PTT
PCL, NVDR |
623,000 |
576,645 |
SCB
X PCL, NVDR |
64,800 |
177,665 |
SCG
Packaging PCL, NVDR |
89,700 |
89,878 |
Siam
Cement PCL (The), NVDR |
21,600 |
173,029 |
Siam
Global House PCL, NVDR |
163,600 |
71,822 |
Srisawad
Corp. PCL, NVDR |
50,200 |
57,974 |
Thai
Life Insurance PCL, NVDR |
224,900 |
69,464 |
Thai
Union Group PCL, NVDR |
156,100 |
58,630 |
TMBThanachart
Bank PCL, NVDR |
3,569,400 |
165,813 |
|
|
8,418,787 |
Turkey
— 0.7% | ||
Akbank
TAS |
231,120 |
240,430 |
Arcelik
A/S |
15,232 |
73,042 |
Aselsan
Elektronik Sanayi ve Ticaret A/S |
89,424 |
130,540 |
BIM
Birlesik Magazalar A/S |
32,673 |
313,817 |
Coca-Cola
Icecek A/S |
5,549 |
72,189 |
Enka
Insaat ve Sanayi A/S |
135,594 |
145,477 |
Eregli
Demir ve Celik Fabrikalari TAS * |
129,800 |
173,766 |
Ford
Otomotiv Sanayi A/S |
5,238 |
145,436 |
Haci
Omer Sabanci Holding A/S |
96,442 |
182,196 |
Hektas
Ticaret TAS * |
78,138 |
60,629 |
KOC
Holding A/S |
88,009 |
425,707 |
Petkim
Petrokimya Holding A/S * |
92,564 |
64,429 |
Sasa
Polyester Sanayi A/S * |
35,464 |
53,548 |
Tofas
Turk Otomobil Fabrikasi A/S |
9,396 |
79,861 |
Turk
Hava Yollari AO * |
51,179 |
392,708 |
Turkcell
Iletisim Hizmetleri A/S * |
89,478 |
151,662 |
Turkiye
Garanti Bankasi A/S |
43,828 |
72,739 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Turkey
— continued | ||
Turkiye
Is Bankasi A/S, Class C |
254,510 |
189,181 |
Turkiye
Petrol Rafinerileri A/S |
60,248 |
302,266 |
Turkiye
Sise ve Cam Fabrikalari A/S |
99,198 |
166,204 |
Yapi
ve Kredi Bankasi A/S |
203,634 |
124,281 |
|
|
3,560,108 |
United
Arab Emirates — 3.0% | ||
Abu
Dhabi Commercial Bank PJSC |
220,590 |
482,259 |
Abu
Dhabi Islamic Bank PJSC |
109,458 |
306,947 |
Abu
Dhabi National Oil Co. for Distribution PJSC |
216,648 |
198,186 |
ADNOC
Drilling Co. PJSC |
125,720 |
124,590 |
Aldar
Properties PJSC |
272,484 |
385,765 |
Alpha
Dhabi Holding PJSC * |
104,204 |
535,631 |
Americana
Restaurants International plc |
208,274 |
209,805 |
Dubai
Electricity & Water Authority PJSC |
654,483 |
424,086 |
Dubai
Islamic Bank PJSC |
217,154 |
319,258 |
Emaar
Development PJSC |
58,175 |
98,175 |
Emaar
Properties PJSC |
449,932 |
819,679 |
Emirates
NBD Bank PJSC |
180,139 |
831,298 |
Emirates
Telecommunications Group Co. PJSC |
252,973 |
1,271,408 |
Fertiglobe
plc |
86,626 |
75,749 |
First
Abu Dhabi Bank PJSC |
332,964 |
1,149,465 |
International
Holding Co. PJSC * |
62,210 |
6,768,069 |
Multiply
Group PJSC * |
268,774 |
249,048 |
Q
Holding PJSC * |
154,926 |
129,913 |
Salik
Co. PJSC |
136,350 |
118,420 |
|
|
14,497,751 |
United
Kingdom — 0.1% | ||
Anglogold
Ashanti plc |
30,515 |
563,282 |
United
States — 0.1% | ||
JBS
SA |
50,112 |
199,484 |
Parade
Technologies Ltd. |
6,000 |
196,721 |
|
|
396,205 |
Total
Common Stocks
(Cost
$515,289,385) |
|
478,605,371 |
|
NO.
OF
RIGHTS |
|
Rights
— 0.0% ^ | ||
Kuwait
— 0.0% ^ | ||
Gulf
Bank KSCP, expiring 11/12/2023* |
20,959 |
433 |
76
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
NO.
OF
RIGHTS |
VALUE($) |
Rights
— continued | ||
Taiwan
— 0.0% ^ | ||
Winbond
Electronics Corp., expiring
11/3/2023* |
8,120 |
785 |
Total
Rights
(Cost
$—) |
|
1,218 |
|
SHARES |
|
Short-Term
Investments — 0.9% | ||
Investment
Companies — 0.9% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 5.29% (c)
(d)(Cost
$4,440,195) |
4,440,195 |
4,440,195 |
Total
Investments — 99.9%
(Cost
$519,729,580) |
|
483,046,784 |
Other
Assets Less Liabilities — 0.1% |
|
358,830 |
NET
ASSETS — 100.0% |
|
483,405,614 |
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 |
SCA |
Limited
partnership with share
capital |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
(a) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(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,
2023. |
|
INDUSTRY
October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
17.5
% |
Semiconductors
& Semiconductor Equipment |
9.0 |
Technology
Hardware, Storage & Peripherals |
5.7 |
Oil,
Gas & Consumable Fuels |
5.4 |
Interactive
Media & Services |
4.7 |
Broadline
Retail |
4.6 |
Metals
& Mining |
3.7 |
Automobiles |
3.0 |
Industrial
Conglomerates |
2.9 |
Chemicals |
2.8 |
Insurance |
2.6 |
Electronic
Equipment, Instruments & Components |
2.5 |
IT
Services |
2.3 |
Hotels,
Restaurants & Leisure |
2.2 |
Beverages |
1.9 |
Food
Products |
1.8 |
Pharmaceuticals |
1.4 |
Real
Estate Management & Development |
1.4 |
Consumer
Staples Distribution & Retail |
1.3 |
Wireless
Telecommunication Services |
1.3 |
Diversified
Telecommunication Services |
1.2 |
Electric
Utilities |
1.1 |
Financial
Services |
1.1 |
Electrical
Equipment |
1.1 |
Independent
Power and Renewable Electricity Producers |
1.0 |
Entertainment |
1.0 |
Capital
Markets |
1.0 |
Others
(each less than 1.0%) |
13.6 |
Short-Term
Investments |
0.9 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
77
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
Emerging Markets E-Mini Index |
100 |
12/15/2023 |
USD |
4,594,000 |
(242,212
) |
Abbreviations |
|
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
78
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.8% | ||
Australia
— 1.7% | ||
Flutter
Entertainment plc * |
97,569 |
15,323,921 |
Glencore
plc |
6,206,280 |
32,873,616 |
Rio
Tinto plc |
617,491 |
39,396,248 |
|
|
87,593,785 |
Austria
— 0.5% | ||
ANDRITZ
AG |
39,644 |
1,824,778 |
BAWAG
Group AG (a) |
45,580 |
2,030,152 |
Erste
Group Bank AG |
197,088 |
7,057,575 |
EVN
AG |
20,197 |
548,152 |
Mondi
plc |
268,472 |
4,342,673 |
OMV
AG |
77,740 |
3,409,537 |
Raiffeisen
Bank International AG * |
74,512 |
1,079,511 |
Strabag
SE |
6,797 |
268,733 |
Telekom
Austria AG |
77,092 |
538,369 |
Verbund
AG |
46,081 |
4,003,829 |
Vienna
Insurance Group AG Wiener
Versicherung
Gruppe |
19,562 |
524,708 |
voestalpine
AG |
58,199 |
1,453,288 |
|
|
27,081,305 |
Belgium
— 1.4% | ||
Ackermans
& van Haaren NV |
12,400 |
1,840,818 |
Ageas
SA |
94,493 |
3,629,745 |
Anheuser-Busch
InBev SA |
575,823 |
32,763,200 |
Azelis
Group NV |
49,861 |
850,398 |
D'ieteren
Group |
12,169 |
1,807,593 |
Elia
Group SA/NV |
18,685 |
1,774,253 |
Etablissements
Franz Colruyt NV |
24,449 |
1,011,834 |
Groupe
Bruxelles Lambert NV |
53,496 |
3,912,729 |
KBC
Group NV |
186,686 |
10,274,237 |
Sofina
SA |
8,701 |
1,652,966 |
Solvay
SA |
40,352 |
4,265,838 |
UCB
SA |
66,623 |
4,872,807 |
Umicore
SA |
110,263 |
2,623,471 |
Warehouses
De Pauw CVA, REIT |
89,254 |
2,208,369 |
|
|
73,488,258 |
Brazil
— 0.1% | ||
Yara
International ASA |
90,060 |
2,946,938 |
Chile
— 0.1% | ||
Antofagasta
plc |
190,616 |
3,116,864 |
China
— 0.5% | ||
Prosus
NV * |
837,495 |
23,421,036 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Denmark
— 5.1% | ||
AP
Moller - Maersk A/S, Class A |
1,458 |
2,380,566 |
AP
Moller - Maersk A/S, Class B |
2,593 |
4,320,537 |
Carlsberg
A/S, Class B |
49,824 |
5,937,686 |
Chr
Hansen Holding A/S |
56,812 |
3,876,836 |
Coloplast
A/S, Class B |
64,538 |
6,730,303 |
Danske
Bank A/S |
376,300 |
8,827,523 |
Demant
A/S * |
51,962 |
1,982,847 |
DSV
A/S |
99,217 |
14,827,080 |
Genmab
A/S * |
36,484 |
10,313,404 |
Novo
Nordisk A/S, Class B |
1,783,889 |
172,102,896 |
Novozymes
A/S, Class B |
115,497 |
5,190,779 |
Orsted
A/S (a) |
104,506 |
5,049,638 |
Pandora
A/S |
46,215 |
5,241,732 |
Tryg
A/S |
192,903 |
3,766,926 |
Vestas
Wind Systems A/S * |
557,911 |
12,092,600 |
|
|
262,641,353 |
Finland
— 1.8% | ||
Elisa
OYJ |
83,202 |
3,528,484 |
Fortum
OYJ |
242,901 |
2,884,068 |
Huhtamaki
OYJ |
52,976 |
1,821,111 |
Kesko
OYJ, Class A |
50,981 |
878,810 |
Kesko
OYJ, Class B |
150,885 |
2,551,690 |
Kone
OYJ, Class B |
222,827 |
9,649,160 |
Metso
OYJ |
389,278 |
3,429,705 |
Neste
OYJ |
237,971 |
7,997,715 |
Nokia
OYJ (b) |
2,924,887 |
9,741,870 |
Nordea
Bank Abp |
1,977,450 |
20,826,934 |
Orion
OYJ, Class A |
15,943 |
632,598 |
Orion
OYJ, Class B |
59,474 |
2,366,204 |
Sampo
OYJ, Class A |
257,719 |
10,135,780 |
Stora
Enso OYJ, Class A |
27,778 |
339,476 |
Stora
Enso OYJ, Class R |
338,310 |
4,065,945 |
UPM-Kymmene
OYJ |
294,856 |
9,929,548 |
Wartsila
OYJ Abp |
268,067 |
3,198,977 |
|
|
93,978,075 |
France
— 15.3% | ||
Adevinta
ASA * |
173,869 |
1,528,230 |
Aeroports
de Paris SA |
21,859 |
2,454,738 |
Air
Liquide SA |
289,354 |
49,581,460 |
Airbus
SE |
340,585 |
45,664,348 |
Alstom
SA |
154,001 |
2,085,553 |
Amundi
SA (a) |
32,863 |
1,716,742 |
AXA
SA |
959,131 |
28,419,460 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
79
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
France
— continued | ||
BioMerieux |
26,105 |
2,506,404 |
BNP
Paribas SA |
600,085 |
34,507,303 |
Bollore
SE |
440,198 |
2,403,061 |
Bouygues
SA |
107,462 |
3,780,408 |
Bureau
Veritas SA |
157,929 |
3,597,271 |
Capgemini
SE |
86,299 |
15,251,518 |
Carrefour
SA |
298,316 |
5,229,916 |
Cie
de Saint-Gobain SA |
283,932 |
15,455,596 |
Cie
Generale des Etablissements Michelin SCA |
394,512 |
11,720,342 |
Credit
Agricole SA |
618,524 |
7,468,609 |
Danone
SA |
348,227 |
20,716,183 |
Dassault
Aviation SA |
12,057 |
2,396,801 |
Dassault
Systemes SE |
370,142 |
15,247,397 |
Edenred
SE |
137,883 |
7,339,717 |
Eiffage
SA |
41,688 |
3,783,210 |
Engie
SA |
968,681 |
15,406,763 |
EssilorLuxottica
SA |
157,878 |
28,589,106 |
Gecina
SA, REIT |
28,369 |
2,785,576 |
Getlink
SE |
179,271 |
2,894,991 |
Hermes
International SCA |
18,664 |
34,823,774 |
Ipsen
SA |
21,296 |
2,517,026 |
Kering
SA |
38,376 |
15,607,584 |
Legrand
SA |
147,410 |
12,751,906 |
L'Oreal
SA |
127,319 |
53,516,087 |
LVMH
Moet Hennessy Louis Vuitton SE |
144,223 |
103,253,656 |
Orange
SA |
1,014,006 |
11,926,788 |
Pernod
Ricard SA |
110,158 |
19,561,463 |
Publicis
Groupe SA |
129,256 |
9,841,983 |
Safran
SA |
191,199 |
29,869,021 |
Sartorius
Stedim Biotech |
13,234 |
2,477,707 |
Societe
Generale SA |
389,949 |
8,762,844 |
Sodexo
SA |
44,795 |
4,740,592 |
Teleperformance
SE |
32,892 |
3,783,952 |
Thales
SA |
52,258 |
7,712,111 |
TotalEnergies
SE |
1,283,568 |
85,816,125 |
Veolia
Environnement SA |
335,931 |
9,204,644 |
Vinci
SA |
280,570 |
31,023,859 |
Vivendi
SE |
341,394 |
3,061,452 |
Worldline
SA *
(a) |
137,519 |
1,748,680 |
|
|
784,531,957 |
Germany
— 11.8% | ||
adidas
AG |
91,488 |
16,267,281 |
Allianz
SE (Registered) |
222,814 |
52,192,519 |
BASF
SE |
493,086 |
22,784,102 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Germany
— continued | ||
Bayer
AG (Registered) |
542,737 |
23,450,886 |
Bayerische
Motoren Werke AG |
160,158 |
14,895,393 |
Bayerische
Motoren Werke AG (Preference) |
32,558 |
2,768,394 |
Beiersdorf
AG |
54,294 |
7,140,750 |
Brenntag
SE |
85,355 |
6,347,136 |
Carl
Zeiss Meditec AG |
20,264 |
1,759,574 |
Commerzbank
AG |
581,175 |
6,268,294 |
Continental
AG |
59,674 |
3,896,055 |
Covestro
AG *
(a) |
106,730 |
5,407,174 |
Daimler
Truck Holding AG |
286,417 |
8,999,286 |
Deutsche
Bank AG (Registered) |
1,127,146 |
12,403,735 |
Deutsche
Boerse AG |
104,959 |
17,275,880 |
Deutsche
Lufthansa AG (Registered) * |
330,218 |
2,315,480 |
Deutsche
Post AG |
520,246 |
20,312,222 |
Deutsche
Telekom AG (Registered) |
1,928,351 |
41,852,285 |
Deutsche
Wohnen SE |
28,330 |
609,615 |
E.ON
SE |
1,240,326 |
14,757,554 |
Evonik
Industries AG |
113,269 |
2,084,702 |
Fresenius
SE & Co. KGaA |
227,149 |
5,843,019 |
GEA
Group AG |
86,758 |
2,967,161 |
Hannover
Rueck SE |
33,313 |
7,355,958 |
Heidelberg
Materials AG |
75,732 |
5,497,638 |
Henkel
AG & Co. KGaA |
54,537 |
3,446,759 |
Henkel
AG & Co. KGaA (Preference) |
89,569 |
6,461,067 |
Infineon
Technologies AG |
721,459 |
21,073,977 |
Mercedes-Benz
Group AG |
443,283 |
26,080,232 |
Merck
KGaA |
71,395 |
10,783,387 |
MTU
Aero Engines AG |
29,730 |
5,587,953 |
Muenchener
Rueckversicherungs-
Gesellschaft
AG (Registered) |
75,389 |
30,254,201 |
Porsche
Automobil Holding SE (Preference) |
84,602 |
3,786,625 |
Puma
SE |
55,829 |
3,163,724 |
RWE
AG |
373,946 |
14,309,204 |
SAP
SE |
563,310 |
75,558,085 |
Sartorius
AG (Preference) |
14,890 |
3,732,028 |
Siemens
AG (Registered) |
415,440 |
55,128,417 |
Siemens
Energy AG * |
282,620 |
2,512,755 |
Siemens
Healthineers AG (a) |
155,797 |
7,664,711 |
Symrise
AG |
73,353 |
7,495,890 |
Talanx
AG |
29,391 |
1,852,200 |
Telefonica
Deutschland Holding AG |
476,566 |
810,199 |
Volkswagen
AG (Preference) |
101,395 |
10,753,013 |
80
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Germany
— continued | ||
Vonovia
SE |
450,056 |
10,361,228 |
Zalando
SE *
(a) |
121,009 |
2,830,459 |
|
|
609,098,207 |
Hong
Kong — 0.3% | ||
Prudential
plc |
1,521,031 |
15,904,492 |
Ireland
— 0.3% | ||
Kerry
Group plc, Class A |
86,093 |
6,650,152 |
Kingspan
Group plc |
85,436 |
5,749,743 |
Smurfit
Kappa Group plc |
143,721 |
4,684,721 |
|
|
17,084,616 |
Italy
— 3.8% | ||
A2A
SpA |
865,390 |
1,624,331 |
Amplifon
SpA |
51,286 |
1,449,519 |
Assicurazioni
Generali SpA |
611,608 |
12,148,770 |
Banca
Mediolanum SpA |
123,269 |
1,006,560 |
Banco
BPM SpA |
837,076 |
4,282,765 |
Buzzi
SpA |
52,144 |
1,380,730 |
Coca-Cola
HBC AG |
113,244 |
2,940,004 |
Davide
Campari-Milano NV |
295,203 |
3,263,105 |
DiaSorin
SpA |
14,528 |
1,302,034 |
Enel
SpA |
4,268,637 |
27,095,514 |
Eni
SpA |
1,324,181 |
21,647,263 |
Ferrari
NV |
69,629 |
21,076,976 |
FinecoBank
Banca Fineco SpA |
337,349 |
3,979,587 |
Hera
SpA |
444,364 |
1,250,037 |
Infrastrutture
Wireless Italiane SpA (a) |
196,270 |
2,149,125 |
Intesa
Sanpaolo SpA |
8,886,465 |
23,156,270 |
Leonardo
SpA |
223,576 |
3,378,790 |
Mediobanca
Banca di Credito Finanziario
SpA (b) |
351,872 |
4,203,269 |
Moncler
SpA |
113,797 |
5,910,295 |
Nexi
SpA *
(a) |
471,257 |
2,738,385 |
Pirelli
& C SpA (a) |
187,832 |
836,845 |
Poste
Italiane SpA (a) |
252,543 |
2,500,236 |
Prysmian
SpA |
152,714 |
5,718,681 |
Recordati
Industria Chimica e Farmaceutica
SpA |
55,463 |
2,565,407 |
Snam
SpA |
1,132,592 |
5,193,551 |
Telecom
Italia SpA * |
8,919,521 |
2,312,409 |
Terna
- Rete Elettrica Nazionale |
777,302 |
5,951,831 |
UniCredit
SpA |
997,130 |
24,997,666 |
UnipolSai
Assicurazioni SpA |
234,484 |
555,763 |
|
|
196,615,718 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Jordan
— 0.0% ^ | ||
Hikma
Pharmaceuticals plc |
94,294 |
2,184,749 |
Luxembourg
— 0.2% | ||
ArcelorMittal
SA |
254,414 |
5,629,485 |
Eurofins
Scientific SE |
71,364 |
3,620,708 |
|
|
9,250,193 |
Mexico
— 0.0% ^ | ||
Fresnillo
plc |
101,778 |
685,026 |
Netherlands
— 8.3% | ||
Adyen
NV *
(a) |
17,128 |
11,552,597 |
Aegon
Ltd. |
751,284 |
3,653,695 |
Akzo
Nobel NV |
94,240 |
6,322,063 |
Argenx
SE * |
27,570 |
12,968,421 |
Argenx
SE * |
4,759 |
2,304,244 |
ASM
International NV |
25,392 |
10,478,770 |
ASML
Holding NV |
222,718 |
133,880,337 |
EXOR
NV |
57,242 |
4,913,035 |
HAL
Trust |
49,927 |
5,623,940 |
Heineken
Holding NV |
55,699 |
4,237,774 |
Heineken
NV |
140,011 |
12,579,071 |
ING
Groep NV |
1,999,608 |
25,636,033 |
JDE
Peet's NV |
72,220 |
2,005,155 |
Koninklijke
Ahold Delhaize NV |
539,028 |
15,961,583 |
Koninklijke
KPN NV |
1,851,258 |
6,222,410 |
Koninklijke
Philips NV * |
513,034 |
9,759,177 |
NN
Group NV |
162,970 |
5,226,836 |
Randstad
NV |
68,098 |
3,526,439 |
Shell
plc |
3,700,068 |
119,241,549 |
Universal
Music Group NV |
422,471 |
10,345,821 |
Wolters
Kluwer NV |
142,261 |
18,252,938 |
|
|
424,691,888 |
Norway
— 1.1% | ||
Aker
ASA, Class A |
13,133 |
789,766 |
Aker
BP ASA (b) |
171,088 |
4,931,031 |
AutoStore
Holdings Ltd. *
(b) (c) |
492,464 |
545,252 |
DNB
Bank ASA |
494,287 |
8,917,858 |
Equinor
ASA (b) |
547,502 |
18,354,028 |
Gjensidige
Forsikring ASA |
104,959 |
1,574,045 |
Kongsberg
Gruppen ASA |
48,588 |
1,984,806 |
Mowi
ASA |
245,704 |
3,992,606 |
Norsk
Hydro ASA |
744,264 |
4,244,320 |
Orkla
ASA |
414,932 |
2,859,917 |
Salmar
ASA |
39,292 |
1,863,026 |
Schibsted
ASA, Class A |
39,246 |
786,259 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
81
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Norway
— continued | ||
Schibsted
ASA, Class B |
53,056 |
984,485 |
Storebrand
ASA |
257,159 |
2,147,521 |
Telenor
ASA |
347,537 |
3,552,660 |
TOMRA
Systems ASA |
129,204 |
1,024,119 |
Var
Energi ASA (b) |
220,667 |
745,504 |
|
|
59,297,203 |
Poland
— 0.5% | ||
Allegro.eu
SA *
(a) |
233,556 |
1,675,363 |
Bank
Polska Kasa Opieki SA |
97,159 |
2,952,390 |
Dino
Polska SA *
(a) |
26,545 |
2,515,280 |
ING
Bank Slaski SA * |
17,976 |
933,515 |
KGHM
Polska Miedz SA |
75,133 |
2,004,946 |
LPP
SA |
579 |
1,865,226 |
ORLEN
SA |
320,686 |
5,071,304 |
Powszechna
Kasa Oszczednosci Bank Polski
SA * |
476,499 |
4,935,940 |
Powszechny
Zaklad Ubezpieczen SA |
314,855 |
3,562,861 |
Santander
Bank Polska SA * |
18,631 |
2,023,457 |
|
|
27,540,282 |
Portugal
— 0.3% | ||
EDP
- Energias de Portugal SA |
1,641,145 |
6,896,910 |
Galp
Energia SGPS SA |
246,746 |
3,714,704 |
Jeronimo
Martins SGPS SA |
152,961 |
3,526,497 |
|
|
14,138,111 |
Russia
— 0.0% ^ | ||
Evraz
plc ‡
* |
453,755 |
22,579 |
Singapore
— 0.3% | ||
STMicroelectronics
NV |
362,478 |
13,817,701 |
South
Africa — 0.4% | ||
Anglo
American plc |
738,960 |
18,828,413 |
South
Korea — 0.1% | ||
Delivery
Hero SE *
(a) |
110,193 |
2,816,104 |
Spain
— 3.8% | ||
Acciona
SA |
13,627 |
1,718,005 |
ACS
Actividades de Construccion y Servicios
SA |
110,643 |
4,001,289 |
Aena
SME SA (a) |
40,596 |
5,890,509 |
Amadeus
IT Group SA |
248,872 |
14,203,825 |
Banco
Bilbao Vizcaya Argentaria SA |
3,295,649 |
25,927,644 |
Banco
Santander SA |
8,941,009 |
32,884,455 |
CaixaBank
SA |
2,238,081 |
9,099,011 |
Cellnex
Telecom SA (a) |
323,937 |
9,522,488 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Spain
— continued | ||
Corp.
ACCIONA Energias Renovables SA |
30,925 |
837,022 |
EDP
Renovaveis SA |
164,059 |
2,639,209 |
Endesa
SA |
175,470 |
3,301,410 |
Iberdrola
SA |
3,192,504 |
35,507,086 |
Industria
de Diseno Textil SA (b) |
619,843 |
21,395,726 |
Naturgy
Energy Group SA |
101,780 |
2,879,833 |
Redeia
Corp. SA |
224,200 |
3,496,380 |
Repsol
SA |
705,711 |
10,333,124 |
Telefonica
SA |
3,176,862 |
12,271,071 |
|
|
195,908,087 |
Sweden
— 4.8% | ||
Alfa
Laval AB |
159,847 |
5,180,127 |
Assa
Abloy AB, Class B |
547,898 |
11,678,488 |
Atlas
Copco AB, Class A |
1,428,274 |
18,494,751 |
Atlas
Copco AB, Class B |
862,318 |
9,686,634 |
Axfood
AB |
59,903 |
1,324,486 |
Beijer
Ref AB (b) |
215,294 |
2,046,659 |
Boliden
AB |
151,093 |
3,872,990 |
Castellum
AB |
234,035 |
2,242,937 |
Electrolux
AB, Class B * |
124,531 |
1,047,955 |
Embracer
Group AB *
(b) |
495,095 |
806,087 |
Epiroc
AB, Class A |
345,872 |
5,698,145 |
Epiroc
AB, Class B |
215,435 |
2,991,383 |
EQT
AB |
189,912 |
3,469,657 |
Essity
AB, Class A |
15,402 |
352,540 |
Essity
AB, Class B |
332,976 |
7,592,476 |
Evolution
AB (a) |
106,012 |
9,446,247 |
Fastighets
AB Balder, Class B * |
366,195 |
1,555,890 |
Getinge
AB, Class B |
120,752 |
2,173,915 |
H
& M Hennes & Mauritz AB, Class B (b) |
340,968 |
4,580,794 |
Hexagon
AB, Class B |
1,161,330 |
9,464,418 |
Holmen
AB, Class B |
51,188 |
1,931,828 |
Husqvarna
AB, Class B |
193,187 |
1,251,806 |
Industrivarden
AB, Class A |
86,157 |
2,229,348 |
Industrivarden
AB, Class C (b) |
82,656 |
2,131,641 |
Indutrade
AB |
146,919 |
2,603,900 |
Investment
AB Latour, Class B |
75,251 |
1,303,222 |
Investor
AB, Class A |
309,956 |
5,641,613 |
Investor
AB, Class B |
1,006,539 |
18,477,140 |
Kinnevik
AB, Class B * |
134,357 |
1,148,822 |
L
E Lundbergforetagen AB, Class B |
40,301 |
1,645,893 |
Lifco
AB, Class B |
117,072 |
2,142,180 |
Nibe
Industrier AB, Class B |
847,084 |
4,878,667 |
Nordnet
AB publ |
89,772 |
1,271,048 |
82
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Sweden
— continued | ||
Saab
AB, Class B |
45,715 |
2,348,445 |
Sagax
AB, Class B |
114,121 |
2,065,924 |
Sagax
AB, Class D |
62,085 |
139,772 |
Sandvik
AB |
595,974 |
10,151,236 |
Securitas
AB, Class B |
277,735 |
2,224,771 |
Skandinaviska
Enskilda Banken AB, Class A |
923,430 |
10,305,031 |
Skandinaviska
Enskilda Banken AB, Class C |
11,069 |
127,290 |
Skanska
AB, Class B |
196,798 |
2,954,712 |
SKF
AB, Class A |
7,322 |
118,605 |
SKF
AB, Class B |
207,081 |
3,357,293 |
SSAB
AB, Class A |
122,677 |
734,899 |
SSAB
AB, Class B |
348,768 |
2,023,394 |
Svenska
Cellulosa AB SCA, Class A |
16,765 |
229,133 |
Svenska
Cellulosa AB SCA, Class B |
331,195 |
4,544,479 |
Svenska
Handelsbanken AB, Class A |
870,273 |
7,419,683 |
Svenska
Handelsbanken AB, Class B (b) |
19,134 |
197,397 |
Swedbank
AB, Class A |
506,559 |
8,319,378 |
Swedish
Orphan Biovitrum AB *
(b) |
127,142 |
2,615,592 |
Tele2
AB, Class B |
307,383 |
2,182,924 |
Telefonaktiebolaget
LM Ericsson, Class A |
29,810 |
139,403 |
Telefonaktiebolaget
LM Ericsson, Class B |
1,702,883 |
7,628,456 |
Telia
Co. AB (b) |
1,281,665 |
2,717,062 |
Trelleborg
AB, Class B |
125,199 |
3,166,169 |
Volvo
AB, Class A |
105,715 |
2,119,513 |
Volvo
AB, Class B |
877,553 |
17,388,885 |
Volvo
Car AB, Class B *
(b) |
296,286 |
1,021,918 |
|
|
246,605,051 |
Switzerland
— 8.5% | ||
ABB
Ltd. (Registered) |
894,160 |
30,041,736 |
Alcon,
Inc. |
276,053 |
19,758,817 |
Baloise
Holding AG (Registered) |
25,300 |
3,632,723 |
Barry
Callebaut AG (Registered) |
1,972 |
2,989,944 |
Chocoladefabriken
Lindt & Spruengli AG |
552 |
6,111,312 |
Chocoladefabriken
Lindt & Spruengli AG
(Registered) |
58 |
6,312,318 |
Cie
Financiere Richemont SA (Registered) |
288,374 |
34,021,072 |
DSM-Firmenich
AG |
114,485 |
10,378,728 |
EMS-Chemie
Holding AG (Registered) |
3,751 |
2,565,910 |
Geberit
AG (Registered) |
18,471 |
8,600,351 |
Givaudan
SA (Registered) |
4,385 |
14,595,574 |
Julius
Baer Group Ltd. |
113,814 |
6,744,811 |
Kuehne
+ Nagel International AG (Registered) |
30,692 |
8,276,518 |
Lonza
Group AG (Registered) |
41,146 |
14,409,493 |
Novartis
AG (Registered) |
1,144,958 |
107,190,472 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Switzerland
— continued | ||
Partners
Group Holding AG |
12,099 |
12,811,190 |
Schindler
Holding AG |
22,498 |
4,551,858 |
Schindler
Holding AG (Registered) |
11,111 |
2,165,989 |
SGS
SA (Registered) |
83,844 |
6,847,597 |
Sika
AG (Registered) |
85,115 |
20,368,837 |
Sonova
Holding AG (Registered) |
27,031 |
6,406,708 |
Straumann
Holding AG (Registered) |
64,310 |
7,600,424 |
Swatch
Group AG (The) |
15,992 |
4,093,570 |
Swatch
Group AG (The) (Registered) |
30,367 |
1,470,698 |
Swiss
Life Holding AG (Registered) |
16,311 |
10,476,243 |
Swisscom
AG (Registered) |
14,028 |
8,405,421 |
UBS
Group AG (Registered) |
1,683,137 |
39,547,733 |
Zurich
Insurance Group AG |
80,859 |
38,407,421 |
|
|
438,783,468 |
United
Arab Emirates — 0.0% ^ | ||
NMC
Health plc ‡
* |
23,176 |
— |
United
Kingdom — 18.0% | ||
3i
Group plc |
537,690 |
12,677,434 |
abrdn
plc |
1,065,386 |
2,033,927 |
Admiral
Group plc |
144,068 |
4,280,657 |
Ashtead
Group plc |
249,360 |
14,301,421 |
Associated
British Foods plc |
187,134 |
4,616,234 |
AstraZeneca
plc |
856,229 |
107,203,085 |
Auto
Trader Group plc (a) |
508,546 |
3,846,771 |
Aviva
plc |
1,512,802 |
7,327,364 |
B&M
European Value Retail SA |
514,736 |
3,313,739 |
BAE
Systems plc |
1,688,743 |
22,707,484 |
Barclays
plc |
8,110,280 |
13,017,386 |
Barratt
Developments plc |
538,408 |
2,715,299 |
Berkeley
Group Holdings plc |
63,774 |
3,134,917 |
BP
plc |
9,552,245 |
58,326,196 |
British
American Tobacco plc |
1,235,179 |
36,897,820 |
British
Land Co. plc (The), REIT |
518,492 |
1,879,680 |
BT
Group plc |
3,138,954 |
4,311,131 |
Bunzl
plc |
186,711 |
6,661,141 |
Burberry
Group plc |
209,120 |
4,309,977 |
Centrica
plc |
3,100,427 |
5,935,146 |
CNH
Industrial NV |
537,984 |
5,961,926 |
Coca-Cola
Europacific Partners plc |
114,102 |
6,676,108 |
Compass
Group plc |
986,350 |
24,867,251 |
ConvaTec
Group plc (a) |
892,769 |
2,215,807 |
Croda
International plc |
78,749 |
4,197,020 |
DCC
plc |
55,985 |
3,110,194 |
Dechra
Pharmaceuticals plc |
62,912 |
2,915,909 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
83
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
Diageo
plc |
1,236,640 |
46,764,810 |
DS
Smith plc |
760,970 |
2,639,402 |
easyJet
plc * |
355,956 |
1,587,913 |
Entain
plc |
352,890 |
4,006,113 |
Halma
plc |
209,744 |
4,716,802 |
Hargreaves
Lansdown plc |
193,909 |
1,670,032 |
Hiscox
Ltd. |
195,852 |
2,232,893 |
Howden
Joinery Group plc |
305,839 |
2,375,179 |
HSBC
Holdings plc |
11,060,953 |
79,864,788 |
Imperial
Brands plc |
505,620 |
10,771,825 |
Informa
plc |
770,773 |
6,678,348 |
InterContinental
Hotels Group plc |
96,852 |
6,863,181 |
Intermediate
Capital Group plc |
162,612 |
2,588,946 |
Intertek
Group plc |
89,166 |
4,152,785 |
ITV
plc |
2,005,956 |
1,561,907 |
J
Sainsbury plc |
980,827 |
3,068,833 |
JD
Sports Fashion plc |
1,374,446 |
2,137,039 |
Johnson
Matthey plc |
106,944 |
1,944,158 |
Kingfisher
plc |
1,047,927 |
2,675,901 |
Land
Securities Group plc, REIT |
415,065 |
2,877,109 |
Legal
& General Group plc |
3,302,642 |
8,509,278 |
Lloyds
Banking Group plc |
37,163,489 |
18,087,469 |
London
Stock Exchange Group plc |
228,246 |
23,028,902 |
M&G
plc |
1,311,912 |
3,168,053 |
Melrose
Industries plc |
746,624 |
4,251,110 |
National
Grid plc |
2,043,825 |
24,368,479 |
NatWest
Group plc |
3,082,997 |
6,708,038 |
Next
plc |
70,058 |
5,873,836 |
Ocado
Group plc * |
402,234 |
2,282,726 |
Pearson
plc |
395,835 |
4,582,082 |
Pepco
Group NV *
(a) |
88,951 |
360,529 |
Persimmon
plc |
176,469 |
2,185,394 |
Phoenix
Group Holdings plc |
525,484 |
2,902,719 |
Reckitt
Benckiser Group plc |
406,898 |
27,224,309 |
RELX
plc |
1,070,194 |
37,379,432 |
Rentokil
Initial plc |
1,392,208 |
7,089,806 |
Rightmove
plc |
456,235 |
2,630,940 |
Rolls-Royce
Holdings plc * |
4,649,844 |
12,239,443 |
Sage
Group plc (The) |
565,560 |
6,681,427 |
Schroders
plc |
507,648 |
2,285,968 |
Segro
plc, REIT |
676,592 |
5,881,038 |
Severn
Trent plc |
153,824 |
4,965,801 |
Smith
& Nephew plc |
484,875 |
5,426,301 |
Smiths
Group plc |
192,720 |
3,780,326 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Kingdom — continued | ||
Spirax-Sarco
Engineering plc |
40,766 |
4,069,003 |
SSE
plc |
604,352 |
12,010,631 |
St.
James's Place plc |
303,059 |
2,362,584 |
Standard
Chartered plc |
1,275,436 |
9,779,200 |
Tate
& Lyle plc |
221,886 |
1,700,404 |
Taylor
Wimpey plc |
1,970,444 |
2,661,369 |
Tesco
plc |
3,941,141 |
12,933,100 |
Unilever
plc |
1,390,304 |
65,845,750 |
United
Utilities Group plc |
376,715 |
4,872,269 |
Vodafone
Group plc |
12,576,807 |
11,577,448 |
Weir
Group plc (The) |
143,428 |
2,979,082 |
Whitbread
plc |
108,024 |
4,380,174 |
Wise
plc, Class A * |
260,427 |
2,116,686 |
WPP
plc |
592,788 |
5,104,634 |
|
|
924,904,728 |
United
States — 9.8% | ||
Experian
plc |
509,819 |
15,467,306 |
Ferrovial
SE |
275,175 |
8,281,677 |
GSK
plc |
2,263,120 |
40,344,130 |
Haleon
plc |
2,652,878 |
10,632,975 |
Holcim
AG |
294,341 |
18,198,447 |
Nestle
SA (Registered) |
1,475,059 |
159,068,564 |
QIAGEN
NV * |
127,519 |
4,752,393 |
Roche
Holding AG |
388,130 |
100,024,843 |
Roche
Holding AG |
14,734 |
4,015,179 |
Sanofi
SA |
614,759 |
55,823,942 |
Schneider
Electric SE |
297,483 |
45,769,924 |
Stellantis
NV |
1,222,247 |
22,834,441 |
Swiss
Re AG |
159,624 |
17,440,970 |
Tenaris
SA |
254,355 |
4,029,334 |
|
|
506,684,125 |
Total
Common Stocks
(Cost
$5,908,663,965) |
|
5,083,660,312 |
Short-Term
Investments — 0.9% | ||
Investment
of Cash Collateral from Securities Loaned — 0.9% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (d)
(e) |
38,615,115 |
38,622,839 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (d)
(e) |
4,769,550 |
4,769,550 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$43,392,389) |
|
43,392,389 |
84
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Total
Investments — 99.7%
(Cost
$5,952,056,354) |
|
5,127,052,701 |
Other
Assets Less Liabilities — 0.3% |
|
16,307,874 |
NET
ASSETS — 100.0% |
|
5,143,360,575 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
CVA |
Certificaten
Van Aandelen (Dutch Certificate) |
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, 2023. The total value of securities on
loan
at October 31, 2023 is $41,286,855. |
|
(c) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(d) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(e) |
The
rate shown is the current yield as of October 31,
2023. |
|
INDUSTRY
October
31, 2023 |
PERCENT
OF
TOTAL
INVESTMENTS |
Pharmaceuticals |
12.5
% |
Banks |
8.5 |
Oil,
Gas & Consumable Fuels |
6.6 |
Insurance |
5.5 |
Textiles,
Apparel & Luxury Goods |
4.5 |
Food
Products |
4.3 |
Semiconductors
& Semiconductor Equipment |
3.5 |
Chemicals |
3.2 |
Capital
Markets |
2.8 |
Aerospace
& Defense |
2.7 |
Personal
Care Products |
2.7 |
Machinery |
2.6 |
Beverages |
2.6 |
Metals
& Mining |
2.2 |
Electric
Utilities |
2.2 |
Diversified
Telecommunication Services |
2.1 |
Electrical
Equipment |
2.1 |
Health
Care Equipment & Supplies |
2.0 |
Automobiles |
2.0 |
Software |
1.9 |
Professional
Services |
1.8 |
Hotels,
Restaurants & Leisure |
1.7 |
Financial
Services |
1.5 |
Multi-Utilities |
1.4 |
Industrial
Conglomerates |
1.3 |
Construction
& Engineering |
1.1 |
Consumer
Staples Distribution & Retail |
1.0 |
Others
(each less than 1.0%) |
12.9 |
Short-Term
Investments |
0.8 |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
EURO
STOXX 50 Index |
880 |
12/15/2023 |
EUR |
38,027,268 |
(1,674,811
) |
FTSE
100 Index |
220 |
12/15/2023 |
GBP |
19,637,783 |
(596,106
) |
|
|
|
|
|
(2,270,917
) |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
85
|
Abbreviations |
|
EUR |
Euro |
FTSE |
Financial
Times and the London Stock Exchange |
GBP |
British
Pound |
86
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.8% | ||
Australia
— 7.6% | ||
Ampol
Ltd. |
57,786 |
1,171,770 |
ANZ
Group Holdings Ltd. |
728,739 |
11,491,470 |
APA
Group |
305,364 |
1,600,700 |
Aristocrat
Leisure Ltd. |
157,424 |
3,869,499 |
ASX
Ltd. |
46,944 |
1,677,196 |
Atlas
Arteria Ltd. |
274,408 |
927,670 |
Aurizon
Holdings Ltd. |
446,344 |
972,188 |
Bendigo
& Adelaide Bank Ltd. |
137,802 |
763,478 |
BHP
Group Ltd. |
1,228,392 |
34,772,678 |
BlueScope
Steel Ltd. |
109,789 |
1,316,091 |
Brambles
Ltd. |
336,886 |
2,811,568 |
Cochlear
Ltd. |
15,921 |
2,440,278 |
Coles
Group Ltd. |
324,540 |
3,149,885 |
Commonwealth
Bank of Australia |
406,446 |
25,002,893 |
Computershare
Ltd. |
139,076 |
2,194,891 |
Dexus,
REIT |
260,810 |
1,077,195 |
Endeavour
Group Ltd. |
330,059 |
1,036,863 |
Flutter
Entertainment plc * |
42,823 |
6,725,663 |
Fortescue
Metals Group Ltd. |
410,633 |
5,841,595 |
Glencore
plc |
2,724,090 |
14,429,044 |
Goodman
Group, REIT |
415,690 |
5,500,372 |
GPT
Group (The), REIT |
464,502 |
1,071,991 |
IDP
Education Ltd. |
67,492 |
932,494 |
IGO
Ltd. |
163,428 |
989,618 |
Incitec
Pivot Ltd. |
470,962 |
822,151 |
Insurance
Australia Group Ltd. |
591,797 |
2,134,930 |
LendLease
Corp. Ltd. |
167,149 |
661,993 |
Lottery
Corp. Ltd. (The) |
539,719 |
1,557,937 |
Macquarie
Group Ltd. |
87,156 |
8,958,763 |
Medibank
Pvt Ltd. |
667,808 |
1,457,343 |
Mineral
Resources Ltd. |
41,972 |
1,546,972 |
Mirvac
Group, REIT |
956,814 |
1,110,147 |
National
Australia Bank Ltd. |
761,290 |
13,637,944 |
Northern
Star Resources Ltd. |
279,272 |
2,045,049 |
Orica
Ltd. |
110,451 |
1,032,046 |
Origin
Energy Ltd. |
417,741 |
2,423,254 |
Pilbara
Minerals Ltd. (a) |
683,422 |
1,605,357 |
Qantas
Airways Ltd. * |
204,895 |
641,917 |
QBE
Insurance Group Ltd. |
361,810 |
3,587,747 |
Ramsay
Health Care Ltd. |
45,010 |
1,393,694 |
REA
Group Ltd. |
12,493 |
1,146,916 |
Reece
Ltd. |
50,928 |
567,833 |
Rio
Tinto Ltd. |
90,015 |
6,723,949 |
Rio
Tinto plc |
271,035 |
17,292,174 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Australia
— continued | ||
Santos
Ltd. |
787,540 |
3,842,769 |
Scentre
Group, REIT |
1,258,593 |
1,949,804 |
SEEK
Ltd. |
86,380 |
1,139,584 |
Seven
Group Holdings Ltd. |
37,333 |
659,735 |
Sonic
Healthcare Ltd. |
114,294 |
2,092,845 |
South32
Ltd. |
1,102,199 |
2,358,027 |
Stockland,
REIT |
578,857 |
1,306,447 |
Suncorp
Group Ltd. |
307,119 |
2,614,089 |
Telstra
Group Ltd. |
980,626 |
2,377,901 |
TPG
Telecom Ltd. |
102,170 |
337,026 |
Transurban
Group |
746,990 |
5,623,709 |
Treasury
Wine Estates Ltd. |
175,039 |
1,348,527 |
Vicinity
Ltd., REIT |
938,284 |
1,016,285 |
Washington
H Soul Pattinson & Co. Ltd. |
59,522 |
1,268,049 |
Wesfarmers
Ltd. |
275,103 |
8,851,117 |
Westpac
Banking Corp. |
850,901 |
11,173,847 |
WiseTech
Global Ltd. |
44,257 |
1,647,745 |
Woodside
Energy Group Ltd. |
460,419 |
10,027,835 |
Woolworths
Group Ltd. |
295,518 |
6,615,103 |
Worley
Ltd. |
89,067 |
931,060 |
|
|
269,296,710 |
Austria
— 0.3% | ||
ANDRITZ
AG |
17,400 |
800,907 |
BAWAG
Group AG (b) |
20,006 |
891,075 |
Erste
Group Bank AG |
86,503 |
3,097,608 |
EVN
AG |
9,040 |
245,348 |
Mondi
plc |
117,838 |
1,906,091 |
OMV
AG |
34,126 |
1,496,705 |
Raiffeisen
Bank International AG * |
32,216 |
466,737 |
Strabag
SE |
2,984 |
117,978 |
Telekom
Austria AG |
33,329 |
232,752 |
Verbund
AG |
20,226 |
1,757,372 |
Vienna
Insurance Group AG Wiener
Versicherung
Gruppe |
8,555 |
229,469 |
voestalpine
AG |
25,543 |
637,835 |
|
|
11,879,877 |
Belgium
— 0.9% | ||
Ackermans
& van Haaren NV |
5,440 |
807,584 |
Ageas
SA |
41,476 |
1,593,211 |
Anheuser-Busch
InBev SA |
252,746 |
14,380,752 |
Azelis
Group NV |
21,885 |
373,257 |
D'ieteren
Group |
5,309 |
788,603 |
Elia
Group SA/NV |
8,200 |
778,639 |
Etablissements
Franz Colruyt NV |
10,727 |
443,942 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
87
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Belgium
— continued | ||
Groupe
Bruxelles Lambert NV |
23,476 |
1,717,049 |
KBC
Group NV |
81,937 |
4,509,391 |
Sofina
SA |
3,776 |
717,343 |
Solvay
SA |
17,714 |
1,872,647 |
UCB
SA |
29,243 |
2,138,833 |
Umicore
SA |
48,396 |
1,151,479 |
Warehouses
De Pauw CVA, REIT |
39,174 |
969,264 |
|
|
32,241,994 |
Brazil
— 0.0% ^ | ||
Yara
International ASA |
39,531 |
1,293,531 |
Chile
— 0.1% | ||
Antofagasta
plc |
83,670 |
1,368,133 |
China
— 0.6% | ||
Budweiser
Brewing Co. APAC Ltd. (b) |
417,500 |
793,395 |
ESR
Group Ltd. (b) |
574,800 |
738,558 |
Prosus
NV * |
367,595 |
10,280,009 |
Wharf
Holdings Ltd. (The) |
231,000 |
586,150 |
Wilmar
International Ltd. |
729,900 |
1,897,584 |
Wuxi
Biologics Cayman, Inc. *
(b) |
866,000 |
5,384,564 |
|
|
19,680,260 |
Denmark
— 3.2% | ||
AP
Moller - Maersk A/S, Class A |
638 |
1,041,702 |
AP
Moller - Maersk A/S, Class B |
1,139 |
1,897,837 |
Carlsberg
A/S, Class B |
21,868 |
2,606,080 |
Chr
Hansen Holding A/S |
24,940 |
1,701,899 |
Coloplast
A/S, Class B |
28,296 |
2,950,830 |
Danske
Bank A/S |
165,164 |
3,874,539 |
Demant
A/S * |
22,808 |
870,343 |
DSV
A/S |
43,544 |
6,507,256 |
Genmab
A/S * |
16,016 |
4,527,449 |
Novo
Nordisk A/S, Class B |
782,992 |
75,540,121 |
Novozymes
A/S, Class B |
50,699 |
2,278,564 |
Orsted
A/S (b) |
45,872 |
2,216,495 |
Pandora
A/S |
20,285 |
2,300,736 |
Tryg
A/S |
84,667 |
1,653,340 |
Vestas
Wind Systems A/S * |
244,880 |
5,307,721 |
|
|
115,274,912 |
Finland
— 1.2% | ||
Elisa
OYJ |
36,517 |
1,548,637 |
Fortum
OYJ |
106,611 |
1,265,838 |
Huhtamaki
OYJ |
23,256 |
799,452 |
Kesko
OYJ, Class A |
22,461 |
387,182 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Finland
— continued | ||
Kesko
OYJ, Class B |
66,232 |
1,120,082 |
Kone
OYJ, Class B |
97,803 |
4,235,199 |
Metso
OYJ |
170,862 |
1,505,367 |
Neste
OYJ |
104,453 |
3,510,450 |
Nokia
OYJ |
1,283,810 |
4,275,964 |
Nordea
Bank Abp |
867,951 |
9,141,449 |
Orion
OYJ, Class A |
7,073 |
280,648 |
Orion
OYJ, Class B |
26,109 |
1,038,760 |
Sampo
OYJ, Class A |
113,213 |
4,452,532 |
Stora
Enso OYJ, Class A |
12,226 |
149,415 |
Stora
Enso OYJ, Class R |
148,497 |
1,784,696 |
UPM-Kymmene
OYJ |
129,425 |
4,358,506 |
Wartsila
OYJ Abp |
117,657 |
1,404,059 |
|
|
41,258,236 |
France
— 9.7% | ||
Adevinta
ASA * |
76,318 |
670,801 |
Aeroports
de Paris SA |
9,598 |
1,077,843 |
Air
Liquide SA |
127,004 |
21,762,422 |
Airbus
SE |
149,493 |
20,043,456 |
Alstom
SA |
67,592 |
915,362 |
Amundi
SA (b) |
14,392 |
751,829 |
AXA
SA |
420,990 |
12,474,113 |
BioMerieux |
11,478 |
1,102,030 |
BNP
Paribas SA |
263,391 |
15,146,043 |
Bollore
SE |
193,214 |
1,054,764 |
Bouygues
SA |
47,166 |
1,659,254 |
Bureau
Veritas SA |
68,952 |
1,570,573 |
Capgemini
SE |
37,881 |
6,694,663 |
Carrefour
SA |
130,940 |
2,295,570 |
Cie
de Saint-Gobain SA |
124,627 |
6,783,964 |
Cie
Generale des Etablissements Michelin SCA |
173,161 |
5,144,346 |
Credit
Agricole SA |
271,483 |
3,278,127 |
Danone
SA |
152,846 |
9,092,878 |
Dassault
Aviation SA |
5,290 |
1,051,595 |
Dassault
Systemes SE |
162,460 |
6,692,275 |
Edenred
SE |
60,520 |
3,221,569 |
Eiffage
SA |
18,299 |
1,660,645 |
Engie
SA |
425,175 |
6,762,361 |
EssilorLuxottica
SA |
69,293 |
12,547,821 |
Gecina
SA, REIT |
12,448 |
1,222,280 |
Getlink
SE |
78,687 |
1,270,692 |
Hermes
International SCA |
8,191 |
15,282,979 |
Ipsen
SA |
9,347 |
1,104,745 |
Kering
SA |
16,849 |
6,852,517 |
88
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
France
— continued | ||
Legrand
SA |
64,699 |
5,596,876 |
L'Oreal
SA |
55,883 |
23,489,342 |
LVMH
Moet Hennessy Louis Vuitton SE |
63,303 |
45,320,553 |
Orange
SA |
445,069 |
5,234,923 |
Pernod
Ricard SA |
48,350 |
8,585,820 |
Publicis
Groupe SA |
56,735 |
4,319,992 |
Safran
SA |
83,921 |
13,110,101 |
Sartorius
Stedim Biotech |
5,810 |
1,087,765 |
Societe
Generale SA |
171,160 |
3,846,268 |
Sodexo
SA |
19,667 |
2,081,331 |
Teleperformance
SE |
14,436 |
1,660,742 |
Thales
SA |
22,938 |
3,385,135 |
TotalEnergies
SE |
563,389 |
37,666,770 |
Veolia
Environnement SA |
147,451 |
4,040,216 |
Vinci
SA |
123,147 |
13,616,906 |
Vivendi
SE |
149,843 |
1,343,718 |
Worldline
SA *
(b) |
60,360 |
767,533 |
|
|
344,341,508 |
Germany
— 7.5% | ||
adidas
AG |
40,157 |
7,140,228 |
Allianz
SE (Registered) |
97,798 |
22,908,453 |
BASF
SE |
216,424 |
10,000,338 |
Bayer
AG (Registered) |
238,225 |
10,293,360 |
Bayerische
Motoren Werke AG |
70,296 |
6,537,835 |
Bayerische
Motoren Werke AG (Preference) |
14,285 |
1,214,648 |
Beiersdorf
AG |
23,829 |
3,133,991 |
Brenntag
SE |
37,464 |
2,785,884 |
Carl
Zeiss Meditec AG |
8,891 |
772,028 |
Commerzbank
AG |
255,092 |
2,751,308 |
Continental
AG |
26,189 |
1,709,853 |
Covestro
AG *
(b) |
46,849 |
2,373,472 |
Daimler
Truck Holding AG |
125,719 |
3,950,119 |
Deutsche
Bank AG (Registered) |
494,729 |
5,444,270 |
Deutsche
Boerse AG |
46,070 |
7,582,959 |
Deutsche
Lufthansa AG (Registered) * |
144,946 |
1,016,357 |
Deutsche
Post AG |
228,346 |
8,915,426 |
Deutsche
Telekom AG (Registered) |
846,404 |
18,370,069 |
Deutsche
Wohnen SE |
12,427 |
267,409 |
E.ON
SE |
544,410 |
6,477,458 |
Evonik
Industries AG |
49,720 |
915,091 |
Fresenius
SE & Co. KGaA |
99,700 |
2,564,612 |
GEA
Group AG |
38,078 |
1,302,284 |
Hannover
Rueck SE |
14,620 |
3,228,292 |
Heidelberg
Materials AG |
33,243 |
2,413,220 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Germany
— continued | ||
Henkel
AG & Co. KGaA |
23,940 |
1,513,017 |
Henkel
AG & Co. KGaA (Preference) |
39,312 |
2,835,774 |
Infineon
Technologies AG |
316,668 |
9,249,942 |
Mercedes-Benz
Group AG |
194,565 |
11,447,090 |
Merck
KGaA |
31,340 |
4,733,544 |
MTU
Aero Engines AG |
13,052 |
2,453,211 |
Muenchener
Rueckversicherungs-
Gesellschaft
AG (Registered) |
33,093 |
13,280,482 |
Porsche
Automobil Holding SE (Preference) |
37,130 |
1,661,869 |
Puma
SE |
24,492 |
1,387,915 |
RWE
AG |
164,138 |
6,280,811 |
SAP
SE |
247,251 |
33,164,354 |
Sartorius
AG (Preference) |
6,535 |
1,637,932 |
Siemens
AG (Registered) |
182,351 |
24,197,771 |
Siemens
Energy AG * |
124,044 |
1,102,867 |
Siemens
Healthineers AG (b) |
68,382 |
3,364,174 |
Symrise
AG |
32,197 |
3,290,188 |
Talanx
AG |
12,899 |
812,886 |
Telefonica
Deutschland Holding AG |
209,175 |
355,614 |
Volkswagen
AG (Preference) |
44,501 |
4,719,363 |
Vonovia
SE |
197,542 |
4,547,829 |
Zalando
SE *
(b) |
53,057 |
1,241,029 |
|
|
267,346,626 |
Hong
Kong — 2.1% | ||
AIA
Group Ltd. |
2,795,600 |
24,276,454 |
CK
Asset Holdings Ltd. |
462,500 |
2,311,725 |
CK
Infrastructure Holdings Ltd. |
146,500 |
679,033 |
CLP
Holdings Ltd. |
404,000 |
2,956,788 |
DFI
Retail Group Holdings Ltd. |
71,100 |
151,658 |
Hang
Lung Properties Ltd. |
425,000 |
558,644 |
Hang
Seng Bank Ltd. |
176,200 |
2,014,510 |
Henderson
Land Development Co. Ltd. |
316,000 |
826,802 |
HK
Electric Investments & HK Electric
Investments
Ltd. (b) |
544,500 |
302,053 |
HKT
Trust & HKT Ltd. |
880,000 |
911,491 |
Hong
Kong & China Gas Co. Ltd. |
2,623,100 |
1,825,963 |
Hong
Kong Exchanges & Clearing Ltd. |
288,900 |
10,106,489 |
Jardine
Matheson Holdings Ltd. |
49,600 |
2,009,848 |
Link,
REIT |
621,400 |
2,851,693 |
MTR
Corp. Ltd. |
376,500 |
1,407,427 |
New
World Development Co. Ltd. |
336,000 |
616,667 |
Power
Assets Holdings Ltd. |
331,000 |
1,582,454 |
Prudential
plc |
667,616 |
6,980,853 |
Sino
Land Co. Ltd. |
812,000 |
810,643 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
89
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Hong
Kong — continued | ||
Sun
Hung Kai Properties Ltd. |
365,000 |
3,748,077 |
Swire
Pacific Ltd., Class A |
102,500 |
654,754 |
Swire
Pacific Ltd., Class B |
200,000 |
205,340 |
Swire
Properties Ltd. |
254,400 |
492,571 |
Techtronic
Industries Co. Ltd. |
320,500 |
2,926,013 |
WH
Group Ltd. (b) |
1,898,424 |
1,133,802 |
Wharf
Real Estate Investment Co. Ltd. |
375,000 |
1,311,765 |
|
|
73,653,517 |
Ireland
— 0.2% | ||
Kerry
Group plc, Class A |
37,791 |
2,919,121 |
Kingspan
Group plc |
37,499 |
2,523,639 |
Smurfit
Kappa Group plc |
63,084 |
2,056,282 |
|
|
7,499,042 |
Israel
— 0.4% | ||
Azrieli
Group Ltd. |
8,706 |
374,856 |
Bank
Hapoalim BM |
304,811 |
2,180,298 |
Bank
Leumi Le-Israel BM |
371,747 |
2,394,394 |
Bezeq
The Israeli Telecommunication Corp.
Ltd. |
489,017 |
601,735 |
Elbit
Systems Ltd. |
6,022 |
1,120,100 |
ICL
Group Ltd. |
175,089 |
851,611 |
Israel
Discount Bank Ltd., Class A |
299,959 |
1,318,420 |
Mizrahi
Tefahot Bank Ltd. |
36,202 |
1,120,510 |
Nice
Ltd. * |
15,355 |
2,353,857 |
Teva
Pharmaceutical Industries Ltd. * |
271,796 |
2,333,124 |
|
|
14,648,905 |
Italy
— 2.4% | ||
A2A
SpA |
379,843 |
712,962 |
Amplifon
SpA |
22,508 |
636,154 |
Assicurazioni
Generali SpA |
268,452 |
5,332,438 |
Banca
Mediolanum SpA |
54,106 |
441,806 |
Banco
BPM SpA |
367,411 |
1,879,799 |
Buzzi
SpA |
22,557 |
597,291 |
Coca-Cola
HBC AG |
49,709 |
1,290,529 |
Davide
Campari-Milano NV |
129,569 |
1,432,225 |
DiaSorin
SpA |
6,290 |
563,725 |
Enel
SpA |
1,873,614 |
11,892,915 |
Eni
SpA |
581,217 |
9,501,539 |
Ferrari
NV |
30,567 |
9,252,753 |
FinecoBank
Banca Fineco SpA |
148,068 |
1,746,706 |
Hera
SpA |
195,042 |
548,671 |
Infrastrutture
Wireless Italiane SpA (b) |
86,149 |
943,317 |
Intesa
Sanpaolo SpA |
3,901,328 |
10,166,045 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Italy
— continued | ||
Leonardo
SpA |
98,135 |
1,483,064 |
Mediobanca
Banca di Credito Finanziario
SpA (a) |
154,442 |
1,844,879 |
Moncler
SpA |
49,943 |
2,593,898 |
Nexi
SpA *
(b) |
206,848 |
1,201,954 |
Pirelli
& C SpA (b) |
82,447 |
367,325 |
Poste
Italiane SpA (b) |
110,849 |
1,097,432 |
Prysmian
SpA |
67,033 |
2,510,185 |
Recordati
Industria Chimica e Farmaceutica
SpA |
24,341 |
1,125,878 |
Snam
SpA |
497,125 |
2,279,589 |
Telecom
Italia SpA * |
3,893,659 |
1,009,416 |
Terna
- Rete Elettrica Nazionale |
341,175 |
2,612,390 |
UniCredit
SpA |
437,670 |
10,972,219 |
UnipolSai
Assicurazioni SpA |
101,412 |
240,362 |
|
|
86,277,466 |
Japan
— 24.9% | ||
ABC-Mart,
Inc. |
22,600 |
350,052 |
Acom
Co. Ltd. |
117,600 |
276,160 |
Advance
Residence Investment Corp., REIT |
333 |
724,010 |
Advantest
Corp. |
185,400 |
4,775,651 |
Aeon
Co. Ltd. |
211,400 |
4,447,778 |
AGC,
Inc. |
55,300 |
1,881,256 |
Aisin
Corp. |
44,200 |
1,539,702 |
Ajinomoto
Co., Inc. |
128,600 |
4,696,817 |
ANA
Holdings, Inc. * |
38,700 |
759,753 |
Asahi
Group Holdings Ltd. |
122,700 |
4,438,110 |
Asahi
Intecc Co. Ltd. |
57,400 |
964,471 |
Asahi
Kasei Corp. |
338,200 |
2,079,181 |
Asics
Corp. |
45,900 |
1,453,974 |
Astellas
Pharma, Inc. |
438,600 |
5,548,236 |
Bandai
Namco Holdings, Inc. |
161,700 |
3,350,184 |
Bridgestone
Corp. |
141,900 |
5,370,235 |
Brother
Industries Ltd. |
62,400 |
973,456 |
Canon,
Inc. |
245,800 |
5,810,883 |
Capcom
Co. Ltd. |
40,700 |
1,310,106 |
Central
Japan Railway Co. |
249,400 |
5,613,598 |
Chiba
Bank Ltd. (The) |
175,500 |
1,307,220 |
Chubu
Electric Power Co., Inc. |
183,700 |
2,219,860 |
Chugai
Pharmaceutical Co. Ltd. |
154,600 |
4,584,905 |
Concordia
Financial Group Ltd. |
285,500 |
1,326,547 |
Cosmos
Pharmaceutical Corp. |
5,700 |
593,185 |
CyberAgent,
Inc. |
99,800 |
523,895 |
Dai
Nippon Printing Co. Ltd. |
63,200 |
1,648,715 |
90
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Daifuku
Co. Ltd. |
92,300 |
1,525,064 |
Dai-ichi
Life Holdings, Inc. |
240,100 |
5,072,120 |
Daiichi
Sankyo Co. Ltd. |
472,000 |
12,170,140 |
Daikin
Industries Ltd. |
71,100 |
10,251,122 |
Daito
Trust Construction Co. Ltd. |
15,900 |
1,705,536 |
Daiwa
House Industry Co. Ltd. |
161,700 |
4,447,667 |
Daiwa
House REIT Investment Corp., REIT |
516 |
913,190 |
Daiwa
Securities Group, Inc. |
353,900 |
2,040,754 |
Denso
Corp. |
481,200 |
7,105,560 |
Dentsu
Group, Inc. |
55,900 |
1,623,671 |
Disco
Corp. |
21,700 |
3,832,199 |
East
Japan Railway Co. |
91,800 |
4,767,847 |
Eisai
Co. Ltd. |
71,900 |
3,809,144 |
ENEOS
Holdings, Inc. |
735,500 |
2,725,334 |
FANUC
Corp. |
228,400 |
5,668,070 |
Fast
Retailing Co. Ltd. |
48,500 |
10,737,726 |
Fuji
Electric Co. Ltd. |
36,200 |
1,378,302 |
FUJIFILM
Holdings Corp. |
100,600 |
5,502,599 |
Fujitsu
Ltd. |
42,100 |
5,453,952 |
Fukuoka
Financial Group, Inc. |
46,200 |
1,221,239 |
GLP
J-REIT, REIT |
1,193 |
1,068,520 |
GMO
Payment Gateway, Inc. |
11,000 |
439,332 |
Hakuhodo
DY Holdings, Inc. |
72,400 |
587,540 |
Hamamatsu
Photonics KK |
35,600 |
1,322,292 |
Hankyu
Hanshin Holdings, Inc. |
61,800 |
1,944,451 |
Haseko
Corp. |
50,900 |
626,419 |
Hikari
Tsushin, Inc. |
5,600 |
807,928 |
Hirose
Electric Co. Ltd. |
7,300 |
827,084 |
Hitachi
Construction Machinery Co. Ltd. |
25,400 |
656,228 |
Hitachi
Ltd. |
227,300 |
14,407,780 |
Honda
Motor Co. Ltd. |
1,211,900 |
12,420,488 |
Hoshizaki
Corp. |
27,800 |
897,791 |
Hoya
Corp. |
85,700 |
8,250,221 |
Hulic
Co. Ltd. |
145,200 |
1,331,213 |
Ibiden
Co. Ltd. |
34,200 |
1,458,167 |
Idemitsu
Kosan Co. Ltd. |
54,000 |
1,226,075 |
Iida
Group Holdings Co. Ltd. |
40,700 |
631,957 |
Inpex
Corp. |
248,800 |
3,610,306 |
Isuzu
Motors Ltd. |
150,700 |
1,680,403 |
ITOCHU
Corp. |
353,600 |
12,737,037 |
Japan
Airlines Co. Ltd. |
35,000 |
643,433 |
Japan
Airport Terminal Co. Ltd. |
22,700 |
998,324 |
Japan
Exchange Group, Inc. |
128,300 |
2,537,107 |
Japan
Metropolitan Fund Invest, REIT |
1,696 |
1,094,508 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Japan
Post Bank Co. Ltd. |
342,200 |
3,171,922 |
Japan
Post Holdings Co. Ltd. |
486,900 |
4,309,651 |
Japan
Post Insurance Co. Ltd. |
44,500 |
856,896 |
Japan
Real Estate Investment Corp., REIT |
345 |
1,281,441 |
Japan
Tobacco, Inc. |
266,900 |
6,213,131 |
JFE
Holdings, Inc. |
141,500 |
1,971,501 |
JSR
Corp. |
50,400 |
1,349,004 |
Kajima
Corp. |
114,000 |
1,884,123 |
Kansai
Electric Power Co., Inc. (The) |
200,400 |
2,565,890 |
Kansai
Paint Co. Ltd. |
58,000 |
848,813 |
Kao
Corp. |
112,900 |
4,119,033 |
Kawasaki
Heavy Industries Ltd. |
40,700 |
898,324 |
KDDI
Corp. |
352,700 |
10,550,930 |
Keio
Corp. |
31,200 |
925,843 |
Keisei
Electric Railway Co. Ltd. |
41,700 |
1,570,824 |
Keyence
Corp. |
48,200 |
18,659,122 |
Kikkoman
Corp. |
46,900 |
2,668,365 |
Kintetsu
Group Holdings Co. Ltd. |
46,100 |
1,297,105 |
Kirin
Holdings Co. Ltd. |
197,400 |
2,774,125 |
Kobayashi
Pharmaceutical Co. Ltd. |
13,700 |
565,581 |
Kobe
Bussan Co. Ltd. (a) |
35,200 |
871,131 |
Koei
Tecmo Holdings Co. Ltd. |
29,500 |
385,201 |
Koito
Manufacturing Co. Ltd. |
62,000 |
928,929 |
Komatsu
Ltd. |
236,200 |
5,427,025 |
Konami
Group Corp. |
25,200 |
1,305,413 |
Kose
Corp. |
8,600 |
569,758 |
Kubota
Corp. |
257,600 |
3,464,526 |
Kurita
Water Industries Ltd. |
26,200 |
796,046 |
Kyocera
Corp. |
84,100 |
4,145,408 |
Kyoto
Financial Group, Inc. |
18,400 |
1,043,166 |
Kyowa
Kirin Co. Ltd. |
61,300 |
961,447 |
Kyushu
Railway Co. |
38,100 |
779,004 |
Lasertec
Corp. |
19,200 |
3,171,460 |
Lawson,
Inc. |
12,100 |
582,907 |
Lion
Corp. |
70,000 |
671,768 |
Lixil
Corp. |
69,700 |
764,265 |
LY
Corp. |
647,700 |
1,651,302 |
M3,
Inc. |
103,700 |
1,597,104 |
Makita
Corp. |
67,900 |
1,755,001 |
Marubeni
Corp. |
412,000 |
6,024,172 |
Marui
Group Co. Ltd. |
44,900 |
710,010 |
MatsukiyoCocokara
& Co. |
90,600 |
1,589,287 |
Mazda
Motor Corp. |
145,500 |
1,406,401 |
McDonald's
Holdings Co. Japan Ltd. |
20,800 |
809,282 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
91
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Medipal
Holdings Corp. |
50,700 |
852,418 |
MEIJI
Holdings Co. Ltd. |
66,700 |
1,641,756 |
MINEBEA
MITSUMI, Inc. |
103,600 |
1,624,376 |
MISUMI
Group, Inc. |
69,100 |
1,046,082 |
Mitsubishi
Chemical Group Corp. |
347,100 |
1,964,102 |
Mitsubishi
Corp. |
348,600 |
16,250,184 |
Mitsubishi
Electric Corp. |
520,800 |
5,971,759 |
Mitsubishi
Estate Co. Ltd. |
321,100 |
4,110,183 |
Mitsubishi
Gas Chemical Co., Inc. |
49,400 |
667,684 |
Mitsubishi
HC Capital, Inc. |
234,900 |
1,548,515 |
Mitsubishi
Heavy Industries Ltd. |
81,700 |
4,207,933 |
Mitsubishi
Motors Corp. |
165,000 |
538,984 |
Mitsubishi
UFJ Financial Group, Inc. |
3,076,500 |
25,809,211 |
Mitsui
& Co. Ltd. |
374,800 |
13,621,797 |
Mitsui
Chemicals, Inc. |
46,100 |
1,161,927 |
Mitsui
Fudosan Co. Ltd. |
227,000 |
4,920,194 |
Mitsui
OSK Lines Ltd. |
87,600 |
2,261,597 |
Mizuho
Financial Group, Inc. |
615,600 |
10,451,896 |
MonotaRO
Co. Ltd. |
59,800 |
477,921 |
MS&AD
Insurance Group Holdings, Inc. |
107,900 |
3,953,514 |
Murata
Manufacturing Co. Ltd. |
457,400 |
7,834,978 |
Nagoya
Railroad Co. Ltd. |
47,600 |
666,343 |
NEC
Corp. |
66,200 |
3,187,572 |
Nexon
Co. Ltd. |
109,700 |
2,012,913 |
NGK
Insulators Ltd. |
63,700 |
778,303 |
NIDEC
Corp. |
127,400 |
4,673,165 |
Nikon
Corp. |
79,200 |
751,958 |
Nintendo
Co. Ltd. |
283,400 |
11,708,516 |
Nippon
Building Fund, Inc., REIT |
412 |
1,655,389 |
Nippon
Express Holdings, Inc. |
20,400 |
1,048,466 |
Nippon
Paint Holdings Co. Ltd. |
258,500 |
1,737,924 |
Nippon
Prologis REIT, Inc., REIT |
593 |
1,055,170 |
Nippon
Sanso Holdings Corp. |
51,300 |
1,293,710 |
Nippon
Shinyaku Co. Ltd. |
14,900 |
604,285 |
Nippon
Steel Corp. |
230,200 |
4,965,152 |
Nippon
Telegraph & Telephone Corp. |
7,245,800 |
8,526,681 |
Nippon
Yusen KK |
123,500 |
3,021,706 |
Nissan
Chemical Corp. |
33,900 |
1,382,618 |
Nissan
Motor Co. Ltd. |
573,000 |
2,204,895 |
Nisshin
Seifun Group, Inc. |
63,200 |
953,296 |
Nissin
Foods Holdings Co. Ltd. |
20,400 |
1,774,977 |
Niterra
Co. Ltd. |
41,500 |
928,886 |
Nitori
Holdings Co. Ltd. |
21,300 |
2,306,680 |
Nitto
Denko Corp. |
36,300 |
2,348,820 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
Nomura
Holdings, Inc. |
715,600 |
2,764,655 |
Nomura
Real Estate Holdings, Inc. |
27,600 |
644,628 |
Nomura
Real Estate Master Fund, Inc., REIT |
1,142 |
1,260,150 |
Nomura
Research Institute Ltd. |
112,300 |
2,947,870 |
NTT
Data Group Corp. |
142,800 |
1,760,711 |
Obayashi
Corp. |
175,000 |
1,499,017 |
Obic
Co. Ltd. |
16,000 |
2,365,062 |
Odakyu
Electric Railway Co. Ltd. |
89,100 |
1,268,457 |
Oji
Holdings Corp. |
246,000 |
1,052,113 |
Olympus
Corp. |
307,200 |
4,102,764 |
Omron
Corp. |
49,800 |
1,784,197 |
Ono
Pharmaceutical Co. Ltd. |
117,800 |
2,034,346 |
Open
House Group Co. Ltd. |
16,900 |
557,030 |
Oracle
Corp. |
8,000 |
567,518 |
Oriental
Land Co. Ltd. |
282,200 |
9,127,863 |
ORIX
Corp. |
284,400 |
5,172,198 |
Orix
JREIT, Inc., REIT |
664 |
763,110 |
Osaka
Gas Co. Ltd. |
101,100 |
1,906,522 |
Otsuka
Corp. |
28,200 |
1,130,668 |
Otsuka
Holdings Co. Ltd. |
135,300 |
4,552,299 |
Pan
Pacific International Holdings Corp. |
129,400 |
2,505,943 |
Panasonic
Holdings Corp. |
595,200 |
5,221,982 |
Persol
Holdings Co. Ltd. |
446,600 |
669,639 |
Rakuten
Group, Inc. |
357,700 |
1,323,104 |
Recruit
Holdings Co. Ltd. |
411,400 |
11,795,952 |
Renesas
Electronics Corp. * |
346,700 |
4,554,119 |
Resona
Holdings, Inc. |
572,700 |
3,060,121 |
Ricoh
Co. Ltd. |
147,700 |
1,197,124 |
Rinnai
Corp. |
29,300 |
538,225 |
Rohm
Co. Ltd. |
85,600 |
1,371,481 |
Santen
Pharmaceutical Co. Ltd. |
91,300 |
791,895 |
SBI
Holdings, Inc. |
58,900 |
1,267,230 |
SCSK
Corp. |
37,100 |
633,307 |
Secom
Co. Ltd. |
50,700 |
3,521,361 |
Sega
Sammy Holdings, Inc. |
38,300 |
598,996 |
Seibu
Holdings, Inc. |
65,500 |
639,573 |
Seiko
Epson Corp. |
79,300 |
1,100,936 |
Sekisui
Chemical Co. Ltd. |
103,200 |
1,413,518 |
Sekisui
House Ltd. |
160,900 |
3,150,865 |
Seven
& i Holdings Co. Ltd. |
193,300 |
7,082,263 |
SG
Holdings Co. Ltd. |
117,900 |
1,671,187 |
Sharp
Corp. * |
67,800 |
423,900 |
Shimadzu
Corp. |
66,800 |
1,579,572 |
Shimano,
Inc. |
20,100 |
2,892,513 |
92
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Japan
— continued | ||
Shimizu
Corp. |
153,100 |
1,089,535 |
Shin-Etsu
Chemical Co. Ltd. |
490,900 |
14,679,568 |
Shionogi
& Co. Ltd. |
67,900 |
3,161,738 |
Shiseido
Co. Ltd. |
97,100 |
3,079,572 |
SMC
Corp. |
14,700 |
6,787,918 |
SoftBank
Corp. |
685,000 |
7,745,205 |
SoftBank
Group Corp. |
253,000 |
10,361,380 |
Sojitz
Corp. |
52,780 |
1,095,997 |
Sompo
Holdings, Inc. |
84,200 |
3,647,541 |
Sony
Group Corp. |
305,900 |
25,432,185 |
Square
Enix Holdings Co. Ltd. |
21,900 |
727,557 |
Stanley
Electric Co. Ltd. |
35,900 |
574,206 |
Subaru
Corp. |
149,100 |
2,580,965 |
SUMCO
Corp. |
84,800 |
1,095,799 |
Sumitomo
Chemical Co. Ltd. |
401,500 |
1,020,518 |
Sumitomo
Corp. |
296,400 |
5,826,535 |
Sumitomo
Electric Industries Ltd. |
192,300 |
2,018,810 |
Sumitomo
Metal Mining Co. Ltd. |
66,300 |
1,862,497 |
Sumitomo
Mitsui Financial Group, Inc. |
324,300 |
15,633,848 |
Sumitomo
Mitsui Trust Holdings, Inc. |
88,100 |
3,303,468 |
Sumitomo
Realty & Development Co. Ltd. |
115,300 |
2,893,331 |
Suntory
Beverage & Food Ltd. |
30,700 |
923,857 |
Suzuki
Motor Corp. |
118,900 |
4,614,748 |
Sysmex
Corp. |
38,600 |
1,849,048 |
T&D
Holdings, Inc. |
132,900 |
2,370,833 |
Taisei
Corp. |
45,700 |
1,549,811 |
Taisho
Pharmaceutical Holdings Co. Ltd. |
13,800 |
546,453 |
Takeda
Pharmaceutical Co. Ltd. |
383,700 |
10,415,440 |
TDK
Corp. |
94,400 |
3,531,996 |
Terumo
Corp. |
181,200 |
4,957,304 |
TIS,
Inc. |
51,600 |
1,105,006 |
Tobu
Railway Co. Ltd. |
50,700 |
1,220,321 |
Toho
Co. Ltd. |
30,600 |
1,045,391 |
Tokio
Marine Holdings, Inc. |
485,700 |
10,866,195 |
Tokyo
Century Corp. |
11,300 |
435,374 |
Tokyo
Electric Power Co. Holdings, Inc. * |
194,600 |
823,496 |
Tokyo
Electron Ltd. |
114,300 |
15,103,338 |
Tokyo
Gas Co. Ltd. |
98,200 |
2,205,293 |
Tokyu
Corp. |
151,400 |
1,709,160 |
Tokyu
Fudosan Holdings Corp. |
146,600 |
854,139 |
TOPPAN
Holdings, Inc. |
79,600 |
1,835,885 |
Toray
Industries, Inc. |
395,500 |
1,913,365 |
Toshiba
Corp. * |
22,100 |
671,855 |
Tosoh
Corp. |
78,700 |
963,621 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Japan
— continued | ||
TOTO
Ltd. |
37,800 |
911,419 |
Toyo
Suisan Kaisha Ltd. |
24,800 |
1,144,048 |
Toyota
Industries Corp. |
45,700 |
3,387,043 |
Toyota
Motor Corp. |
3,006,600 |
52,596,707 |
Toyota
Tsusho Corp. |
57,700 |
3,071,734 |
Trend
Micro, Inc. |
34,200 |
1,288,814 |
Unicharm
Corp. |
106,900 |
3,632,342 |
United
Urban Investment Corp., REIT |
751 |
757,135 |
USS
Co. Ltd. |
53,400 |
933,373 |
Welcia
Holdings Co. Ltd. |
25,300 |
419,368 |
West
Japan Railway Co. |
59,300 |
2,260,193 |
Yakult
Honsha Co. Ltd. |
73,800 |
1,739,093 |
Yamaha
Corp. |
41,300 |
1,103,120 |
Yamaha
Motor Co. Ltd. |
84,800 |
2,072,245 |
Yamato
Holdings Co. Ltd. |
80,900 |
1,347,472 |
Yaskawa
Electric Corp. |
64,700 |
2,117,834 |
Yokogawa
Electric Corp. |
56,800 |
1,031,217 |
ZOZO,
Inc. |
29,500 |
560,935 |
|
|
885,890,031 |
Jordan
— 0.0% ^ | ||
Hikma
Pharmaceuticals plc |
41,389 |
958,964 |
Luxembourg
— 0.1% | ||
ArcelorMittal
SA |
111,668 |
2,470,907 |
Eurofins
Scientific SE |
31,327 |
1,589,400 |
|
|
4,060,307 |
Macau
— 0.1% | ||
Galaxy
Entertainment Group Ltd. |
486,000 |
2,732,033 |
Sands
China Ltd. * |
588,400 |
1,584,002 |
|
|
4,316,035 |
Mexico
— 0.0% ^ | ||
Fresnillo
plc |
44,030 |
296,348 |
Netherlands
— 5.2% | ||
Adyen
NV *
(b) |
7,519 |
5,071,460 |
Aegon
Ltd. |
329,760 |
1,603,711 |
Akzo
Nobel NV |
41,365 |
2,774,959 |
Argenx
SE * |
11,425 |
5,374,110 |
Argenx
SE * |
2,769 |
1,340,713 |
ASM
International NV |
11,149 |
4,600,969 |
ASML
Holding NV |
97,756 |
58,763,128 |
EXOR
NV |
25,128 |
2,156,716 |
HAL
Trust |
21,913 |
2,468,352 |
Heineken
Holding NV |
24,444 |
1,859,785 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
93
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Netherlands
— continued | ||
Heineken
NV |
61,456 |
5,521,419 |
ING
Groep NV |
877,680 |
11,252,322 |
JDE
Peet's NV |
31,697 |
880,053 |
Koninklijke
Ahold Delhaize NV |
236,589 |
7,005,823 |
Koninklijke
KPN NV |
812,566 |
2,731,180 |
Koninklijke
Philips NV * |
225,185 |
4,283,576 |
NN
Group NV |
71,535 |
2,294,298 |
Randstad
NV |
29,901 |
1,548,416 |
Shell
plc |
1,624,056 |
52,338,214 |
Universal
Music Group NV |
185,429 |
4,540,940 |
Wolters
Kluwer NV |
62,444 |
8,011,939 |
|
|
186,422,083 |
New
Zealand — 0.2% | ||
Auckland
International Airport Ltd. |
317,852 |
1,359,226 |
Contact
Energy Ltd. |
190,342 |
863,858 |
Fisher
& Paykel Healthcare Corp. Ltd. |
141,052 |
1,710,101 |
Mercury
NZ Ltd. |
161,412 |
554,828 |
Meridian
Energy Ltd. |
300,665 |
846,781 |
Spark
New Zealand Ltd. |
444,301 |
1,289,860 |
|
|
6,624,654 |
Norway
— 0.7% | ||
Aker
ASA, Class A |
5,680 |
341,572 |
Aker
BP ASA (a) |
75,097 |
2,164,416 |
AutoStore
Holdings Ltd. *
(c) |
216,156 |
239,326 |
DNB
Bank ASA |
216,958 |
3,914,326 |
Equinor
ASA |
240,311 |
8,055,998 |
Gjensidige
Forsikring ASA |
45,413 |
681,048 |
Kongsberg
Gruppen ASA |
21,184 |
865,360 |
Mowi
ASA |
107,835 |
1,752,282 |
Norsk
Hydro ASA |
325,283 |
1,854,994 |
Orkla
ASA |
182,125 |
1,255,296 |
Salmar
ASA |
17,246 |
817,717 |
Schibsted
ASA, Class A |
17,715 |
354,904 |
Schibsted
ASA, Class B |
23,292 |
432,197 |
Storebrand
ASA |
112,761 |
941,661 |
Telenor
ASA |
152,709 |
1,561,052 |
TOMRA
Systems ASA |
56,712 |
449,520 |
Var
Energi ASA (a) |
95,429 |
322,399 |
|
|
26,004,068 |
Poland
— 0.4% | ||
Allegro.eu
SA *
(b) |
102,512 |
735,348 |
Bank
Polska Kasa Opieki SA |
42,643 |
1,295,801 |
Dino
Polska SA *
(b) |
11,649 |
1,103,805 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Poland
— continued | ||
ING
Bank Slaski SA * |
7,771 |
403,557 |
KGHM
Polska Miedz SA |
32,976 |
879,974 |
LPP
SA |
256 |
824,694 |
ORLEN
SA |
140,757 |
2,225,920 |
Powszechna
Kasa Oszczednosci Bank Polski
SA * |
209,142 |
2,166,452 |
Powszechny
Zaklad Ubezpieczen SA |
138,197 |
1,563,821 |
Santander
Bank Polska SA * |
8,064 |
875,807 |
|
|
12,075,179 |
Portugal
— 0.2% | ||
EDP
- Energias de Portugal SA |
720,344 |
3,027,245 |
Galp
Energia SGPS SA |
108,307 |
1,630,537 |
Jeronimo
Martins SGPS SA |
67,141 |
1,547,927 |
|
|
6,205,709 |
Russia
— 0.0% ^ | ||
Evraz
plc ‡
* |
96,418 |
4,798 |
Singapore
— 1.4% | ||
CapitaLand
Ascendas, REIT |
862,200 |
1,638,219 |
CapitaLand
Integrated Commercial Trust,
REIT |
1,226,437 |
1,576,242 |
CapitaLand
Investment Ltd. |
580,200 |
1,245,796 |
City
Developments Ltd. |
123,300 |
569,130 |
DBS
Group Holdings Ltd. |
445,600 |
10,704,797 |
Genting
Singapore Ltd. |
1,378,300 |
865,925 |
Great
Eastern Holdings Ltd. |
13,500 |
170,397 |
Jardine
Cycle & Carriage Ltd. |
22,200 |
457,315 |
Keppel,
REIT |
67,060 |
38,939 |
Keppel
Corp. Ltd. |
335,300 |
1,522,043 |
Mapletree
Pan Asia Commercial Trust, REIT |
551,800 |
536,298 |
Olam
Group Ltd. |
254,600 |
184,492 |
Oversea-Chinese
Banking Corp. Ltd. |
941,700 |
8,730,610 |
Singapore
Airlines Ltd. |
324,850 |
1,450,540 |
Singapore
Exchange Ltd. |
199,500 |
1,381,271 |
Singapore
Technologies Engineering Ltd. |
370,100 |
1,016,020 |
Singapore
Telecommunications Ltd. |
1,722,100 |
2,992,448 |
STMicroelectronics
NV |
159,101 |
6,064,948 |
United
Overseas Bank Ltd. |
371,800 |
7,333,644 |
UOL
Group Ltd. |
110,500 |
475,905 |
Venture
Corp. Ltd. |
65,100 |
555,845 |
|
|
49,510,824 |
South
Africa — 0.2% | ||
Anglo
American plc |
324,345 |
8,264,185 |
94
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
South
Korea — 0.0% ^ | ||
Delivery
Hero SE *
(b) |
48,365 |
1,236,021 |
Spain
— 2.4% | ||
Acciona
SA |
5,986 |
754,677 |
ACS
Actividades de Construccion y Servicios
SA |
48,567 |
1,756,375 |
Aena
SME SA (b) |
17,821 |
2,585,840 |
Amadeus
IT Group SA |
109,238 |
6,234,520 |
Banco
Bilbao Vizcaya Argentaria SA |
1,446,545 |
11,380,309 |
Banco
Santander SA |
3,924,431 |
14,433,804 |
CaixaBank
SA |
982,349 |
3,993,780 |
Cellnex
Telecom SA (b) |
142,188 |
4,179,774 |
Corp.
ACCIONA Energias Renovables SA |
13,378 |
362,092 |
EDP
Renovaveis SA |
72,007 |
1,158,373 |
Endesa
SA |
77,019 |
1,449,087 |
Iberdrola
SA |
1,401,269 |
15,584,939 |
Industria
de Diseno Textil SA (a) |
272,069 |
9,391,271 |
Naturgy
Energy Group SA |
44,674 |
1,264,037 |
Redeia
Corp. SA |
98,404 |
1,534,602 |
Repsol
SA |
309,749 |
4,535,390 |
Telefonica
SA |
1,394,406 |
5,386,087 |
|
|
85,984,957 |
Sweden
— 3.1% | ||
Alfa
Laval AB |
69,907 |
2,265,461 |
Assa
Abloy AB, Class B |
240,484 |
5,125,935 |
Atlas
Copco AB, Class A |
626,908 |
8,117,845 |
Atlas
Copco AB, Class B |
378,490 |
4,251,673 |
Axfood
AB |
25,894 |
572,530 |
Beijer
Ref AB (a) |
94,502 |
898,369 |
Boliden
AB |
66,323 |
1,700,067 |
Castellum
AB |
102,840 |
985,594 |
Electrolux
AB, Class B * |
53,874 |
453,361 |
Embracer
Group AB * |
216,018 |
351,709 |
Epiroc
AB, Class A |
151,811 |
2,501,044 |
Epiroc
AB, Class B |
94,564 |
1,313,051 |
EQT
AB |
83,358 |
1,522,935 |
Essity
AB, Class A |
6,721 |
153,839 |
Essity
AB, Class B |
146,149 |
3,332,471 |
Evolution
AB (b) |
46,531 |
4,146,166 |
Fastighets
AB Balder, Class B * |
160,728 |
682,902 |
Getinge
AB, Class B |
53,000 |
954,167 |
H
& M Hennes & Mauritz AB, Class B (a) |
149,656 |
2,010,580 |
Hexagon
AB, Class B |
509,739 |
4,154,188 |
Holmen
AB, Class B |
22,465 |
847,826 |
Husqvarna
AB, Class B |
84,791 |
549,426 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Sweden
— continued | ||
Industrivarden
AB, Class A |
37,819 |
978,582 |
Industrivarden
AB, Class C (a) |
36,278 |
935,584 |
Indutrade
AB |
64,492 |
1,143,016 |
Investment
AB Latour, Class B |
32,542 |
563,573 |
Investor
AB, Class A |
136,044 |
2,476,182 |
Investor
AB, Class B |
441,792 |
8,110,021 |
Kinnevik
AB, Class B * |
58,976 |
504,275 |
L
E Lundbergforetagen AB, Class B |
17,691 |
722,500 |
Lifco
AB, Class B |
51,389 |
940,314 |
Nibe
Industrier AB, Class B |
371,809 |
2,141,384 |
Nordnet
AB publ |
38,829 |
549,765 |
Saab
AB, Class B |
20,066 |
1,030,819 |
Sagax
AB, Class B |
50,089 |
906,757 |
Sagax
AB, Class D |
23,576 |
53,077 |
Sandvik
AB |
261,587 |
4,455,616 |
Securitas
AB, Class B |
121,906 |
976,517 |
Skandinaviska
Enskilda Banken AB, Class A |
405,484 |
4,525,005 |
Skandinaviska
Enskilda Banken AB, Class C |
4,862 |
55,911 |
Skanska
AB, Class B |
86,385 |
1,296,979 |
SKF
AB, Class A |
3,409 |
55,220 |
SKF
AB, Class B |
90,894 |
1,473,616 |
SSAB
AB, Class A |
52,726 |
315,856 |
SSAB
AB, Class B |
153,087 |
888,142 |
Svenska
Cellulosa AB SCA, Class A |
7,291 |
99,649 |
Svenska
Cellulosa AB SCA, Class B |
145,370 |
1,994,689 |
Svenska
Handelsbanken AB, Class A |
381,981 |
3,256,654 |
Svenska
Handelsbanken AB, Class B (a) |
8,203 |
84,627 |
Swedbank
AB, Class A |
222,342 |
3,651,593 |
Swedish
Orphan Biovitrum AB *
(a) |
55,806 |
1,148,053 |
Tele2
AB, Class B |
134,921 |
958,161 |
Telefonaktiebolaget
LM Ericsson, Class A |
12,802 |
59,867 |
Telefonaktiebolaget
LM Ericsson, Class B |
747,437 |
3,348,316 |
Telia
Co. AB (a) |
562,018 |
1,191,448 |
Trelleborg
AB, Class B |
54,955 |
1,389,762 |
Volvo
AB, Class A |
46,397 |
930,228 |
Volvo
AB, Class B |
385,180 |
7,632,417 |
Volvo
Car AB, Class B * |
128,150 |
442,001 |
|
|
108,177,315 |
Switzerland
— 5.4% | ||
ABB
Ltd. (Registered) |
392,470 |
13,186,097 |
Alcon,
Inc. |
121,169 |
8,672,813 |
Baloise
Holding AG (Registered) |
11,104 |
1,594,378 |
Barry
Callebaut AG (Registered) |
863 |
1,308,479 |
Chocoladefabriken
Lindt & Spruengli AG |
246 |
2,723,519 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
95
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Switzerland
— continued | ||
Chocoladefabriken
Lindt & Spruengli AG
(Registered) |
26 |
2,829,660 |
Cie
Financiere Richemont SA (Registered) |
126,579 |
14,933,223 |
DSM-Firmenich
AG |
50,248 |
4,555,272 |
EMS-Chemie
Holding AG (Registered) |
1,634 |
1,117,755 |
Geberit
AG (Registered) |
8,106 |
3,774,265 |
Givaudan
SA (Registered) |
1,924 |
6,404,078 |
Julius
Baer Group Ltd. |
49,951 |
2,960,181 |
Kuehne
+ Nagel International AG (Registered) |
13,469 |
3,632,100 |
Lonza
Group AG (Registered) |
18,057 |
6,323,633 |
Novartis
AG (Registered) |
502,555 |
47,048,982 |
Partners
Group Holding AG |
5,309 |
5,621,507 |
Schindler
Holding AG |
9,873 |
1,997,533 |
Schindler
Holding AG (Registered) |
4,880 |
951,312 |
SGS
SA (Registered) |
36,802 |
3,005,644 |
Sika
AG (Registered) |
37,359 |
8,940,367 |
Sonova
Holding AG (Registered) |
11,866 |
2,812,401 |
Straumann
Holding AG (Registered) |
28,226 |
3,335,866 |
Swatch
Group AG (The) |
7,017 |
1,796,185 |
Swatch
Group AG (The) (Registered) |
13,326 |
645,389 |
Swiss
Life Holding AG (Registered) |
7,157 |
4,596,804 |
Swisscom
AG (Registered) |
6,153 |
3,686,809 |
UBS
Group AG (Registered) |
738,768 |
17,358,420 |
Zurich
Insurance Group AG |
35,487 |
16,856,060 |
|
|
192,668,732 |
United
Arab Emirates — 0.0% ^ | ||
NMC
Health plc ‡
* |
300 |
—
(d) |
United
Kingdom — 11.5% | ||
3i
Group plc |
236,007 |
5,564,476 |
abrdn
plc |
467,627 |
892,746 |
Admiral
Group plc |
63,236 |
1,878,916 |
Ashtead
Group plc |
109,447 |
6,277,060 |
Associated
British Foods plc |
82,137 |
2,026,161 |
AstraZeneca
plc |
375,820 |
47,054,075 |
Auto
Trader Group plc (b) |
223,212 |
1,688,432 |
Aviva
plc |
664,005 |
3,216,155 |
B&M
European Value Retail SA |
225,930 |
1,454,479 |
BAE
Systems plc |
741,235 |
9,966,929 |
Barclays
plc |
3,559,798 |
5,713,646 |
Barratt
Developments plc |
236,322 |
1,191,819 |
Berkeley
Group Holdings plc |
27,988 |
1,375,797 |
BP
plc |
4,192,711 |
25,600,776 |
British
American Tobacco plc |
542,149 |
16,195,318 |
British
Land Co. plc (The), REIT |
227,579 |
825,038 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
Kingdom — continued | ||
BT
Group plc |
1,377,766 |
1,892,264 |
Bunzl
plc |
81,948 |
2,923,594 |
Burberry
Group plc |
91,531 |
1,886,460 |
Centrica
plc |
1,360,851 |
2,605,076 |
CK
Hutchison Holdings Ltd. |
650,500 |
3,293,017 |
CNH
Industrial NV |
236,200 |
2,617,563 |
Coca-Cola
Europacific Partners plc |
50,081 |
2,930,239 |
Compass
Group plc |
432,934 |
10,914,866 |
ConvaTec
Group plc (b) |
391,861 |
972,579 |
Croda
International plc |
34,564 |
1,842,129 |
DCC
plc |
24,574 |
1,365,186 |
Dechra
Pharmaceuticals plc |
27,614 |
1,279,882 |
Diageo
plc |
542,796 |
20,526,387 |
DS
Smith plc |
334,009 |
1,158,500 |
easyJet
plc * |
156,238 |
696,975 |
Entain
plc |
154,896 |
1,758,426 |
Halma
plc |
92,060 |
2,070,280 |
Hargreaves
Lansdown plc |
85,111 |
733,014 |
Hiscox
Ltd. |
85,962 |
980,046 |
Howden
Joinery Group plc |
134,237 |
1,042,499 |
HSBC
Holdings plc |
4,854,920 |
35,054,588 |
Imperial
Brands plc |
221,927 |
4,727,975 |
Informa
plc |
338,308 |
2,931,263 |
InterContinental
Hotels Group plc |
42,513 |
3,012,580 |
Intermediate
Capital Group plc |
71,374 |
1,136,346 |
Intertek
Group plc |
39,136 |
1,822,706 |
ITV
plc |
880,459 |
685,556 |
J
Sainsbury plc |
430,508 |
1,346,983 |
JD
Sports Fashion plc |
603,283 |
938,006 |
Johnson
Matthey plc |
46,943 |
853,387 |
Kingfisher
plc |
459,960 |
1,174,516 |
Land
Securities Group plc, REIT |
182,183 |
1,262,839 |
Legal
& General Group plc |
1,449,607 |
3,734,922 |
Lloyds
Banking Group plc |
16,311,967 |
7,939,035 |
London
Stock Exchange Group plc |
100,188 |
10,108,478 |
M&G
plc |
575,834 |
1,390,545 |
Melrose
Industries plc |
327,713 |
1,865,925 |
National
Grid plc |
897,082 |
10,695,888 |
NatWest
Group plc |
1,353,205 |
2,944,327 |
Next
plc |
30,746 |
2,577,821 |
Ocado
Group plc * |
176,550 |
1,001,942 |
Pearson
plc |
173,741 |
2,011,180 |
Pepco
Group NV *
(b) |
39,042 |
158,242 |
Persimmon
plc |
77,452 |
959,167 |
96
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
United
Kingdom — continued | ||
Phoenix
Group Holdings plc |
230,648 |
1,274,075 |
Reckitt
Benckiser Group plc |
178,600 |
11,949,583 |
RELX
plc |
469,740 |
16,406,945 |
Rentokil
Initial plc |
611,075 |
3,111,894 |
Rightmove
plc |
200,251 |
1,154,774 |
Rolls-Royce
Holdings plc * |
2,040,934 |
5,372,201 |
Sage
Group plc (The) |
248,240 |
2,932,664 |
Schroders
plc |
222,815 |
1,003,349 |
Segro
plc, REIT |
296,969 |
2,581,299 |
Severn
Trent plc |
67,511 |
2,179,414 |
Smith
& Nephew plc |
212,821 |
2,381,708 |
Smiths
Group plc |
84,595 |
1,659,385 |
Spirax-Sarco
Engineering plc |
17,891 |
1,785,766 |
SSE
plc |
265,263 |
5,271,723 |
St.
James's Place plc |
133,024 |
1,037,027 |
Standard
Chartered plc |
559,821 |
4,292,337 |
Tate
& Lyle plc |
97,396 |
746,386 |
Taylor
Wimpey plc |
862,518 |
1,164,955 |
Tesco
plc |
1,729,863 |
5,676,653 |
Unilever
plc |
610,241 |
28,901,432 |
United
Utilities Group plc |
165,346 |
2,138,514 |
Vodafone
Group plc |
5,520,270 |
5,081,627 |
Weir
Group plc (The) |
62,951 |
1,307,528 |
Whitbread
plc |
47,412 |
1,922,469 |
Wise
plc, Class A * |
114,308 |
929,067 |
WPP
plc |
260,193 |
2,240,582 |
|
|
409,248,379 |
United
States — 6.8% | ||
CSL
Ltd. |
116,966 |
17,286,654 |
Experian
plc |
223,769 |
6,788,887 |
Ferrovial
SE |
120,781 |
3,635,029 |
GSK
plc |
993,339 |
17,708,030 |
Haleon
plc |
1,164,415 |
4,667,081 |
Holcim
AG |
129,195 |
7,987,838 |
James
Hardie Industries plc, CHDI * |
106,722 |
2,662,653 |
Nestle
SA (Registered) |
647,438 |
69,818,924 |
QIAGEN
NV * |
55,975 |
2,086,083 |
Roche
Holding AG |
170,363 |
43,904,188 |
Roche
Holding AG |
6,466 |
1,762,057 |
Sanofi
SA |
269,831 |
24,502,334 |
Schneider
Electric SE |
130,571 |
20,089,298 |
Stellantis
NV |
536,479 |
10,022,686 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
States — continued | ||
Swiss
Re AG |
70,058 |
7,654,736 |
Tenaris
SA |
111,642 |
1,768,563 |
|
|
242,345,041 |
Total
Common Stocks
(Cost
$3,537,443,851) |
|
3,516,354,347 |
Short-Term
Investments — 1.1% | ||
Investment
Companies — 0.7% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (e)
(f)(Cost
$26,299,048) |
26,299,048 |
26,299,048 |
Investment
of Cash Collateral from Securities Loaned — 0.4% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (e)
(f) |
11,009,025 |
11,011,226 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (e)
(f) |
2,270,425 |
2,270,425 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$13,281,651) |
|
13,281,651 |
Total
Short-Term Investments
(Cost
$39,580,699) |
|
39,580,699 |
Total
Investments — 99.9%
(Cost
$3,577,024,550) |
|
3,555,935,046 |
Other
Assets Less Liabilities — 0.1% |
|
4,361,631 |
NET
ASSETS — 100.0% |
|
3,560,296,677 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
APAC |
Asia
Pacific |
CHDI |
Clearing
House Electronic Subregister System (CHESS) Depository
Interest |
CVA |
Certificaten
Van Aandelen (Dutch Certificate) |
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.
|
|
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
97
|
(a) |
The
security or a portion of this security is on loan at
October
31, 2023. The total value of securities on
loan
at October 31, 2023 is $12,645,686. |
|
(b) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(c) |
Securities
exempt from registration under Rule 144A
or
section 4(a)(2), of the Securities Act of 1933, as
amended. |
|
(d) |
Value
is zero. |
|
(e) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(f) |
The
rate shown is the current yield as of October 31,
2023. |
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
10.0
% |
Pharmaceuticals |
9.3 |
Insurance |
5.3 |
Oil,
Gas & Consumable Fuels |
4.8 |
Automobiles |
3.5 |
Metals
& Mining |
3.3 |
Food
Products |
3.2 |
Semiconductors
& Semiconductor Equipment |
3.2 |
Chemicals |
3.1 |
Machinery |
2.9 |
Textiles,
Apparel & Luxury Goods |
2.9 |
Capital
Markets |
2.6 |
Trading
Companies & Distributors |
2.1 |
Health
Care Equipment & Supplies |
2.0 |
Beverages |
2.0 |
Personal
Care Products |
1.9 |
Diversified
Telecommunication Services |
1.8 |
Electric
Utilities |
1.8 |
Aerospace
& Defense |
1.8 |
Electrical
Equipment |
1.7 |
Hotels,
Restaurants & Leisure |
1.6 |
Professional
Services |
1.6 |
Industrial
Conglomerates |
1.5 |
Consumer
Staples Distribution & Retail |
1.4 |
Electronic
Equipment, Instruments & Components |
1.4 |
Software |
1.4 |
Real
Estate Management & Development |
1.3 |
Household
Durables |
1.2 |
Financial
Services |
1.2 |
Wireless
Telecommunication Services |
1.0 |
Building
Products |
1.0 |
Others
(each less than 1.0%) |
15.1 |
Short-Term
Investments |
1.1 |
98
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
EAFE E-Mini Index |
436 |
12/15/2023 |
USD |
43,033,200 |
(2,144,748
) |
Abbreviations |
|
EAFE |
Europe,
Australasia and Far East |
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
99
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.5% | ||
Air
Freight & Logistics — 0.4% | ||
Nippon
Express Holdings, Inc. |
197,500 |
10,150,595 |
SG
Holdings Co. Ltd. |
1,153,700 |
16,353,248 |
Yamato
Holdings Co. Ltd. |
792,100 |
13,193,233 |
|
|
39,697,076 |
Automobile
Components — 2.1% | ||
Aisin
Corp. |
432,700 |
15,073,052 |
Bridgestone
Corp. |
1,388,500 |
52,548,070 |
Denso
Corp. |
4,709,000 |
69,534,665 |
Koito
Manufacturing Co. Ltd. |
609,600 |
9,133,473 |
Niterra
Co. Ltd. |
406,400 |
9,096,371 |
Stanley
Electric Co. Ltd. |
349,300 |
5,586,911 |
Sumitomo
Electric Industries Ltd. |
1,882,300 |
19,760,823 |
|
|
180,733,365 |
Automobiles
— 8.9% | ||
Honda
Motor Co. Ltd. |
11,857,800 |
121,527,899 |
Isuzu
Motors Ltd. |
1,474,800 |
16,444,981 |
Mazda
Motor Corp. |
1,423,700 |
13,761,470 |
Mitsubishi
Motors Corp. |
1,625,900 |
5,311,115 |
Nissan
Motor Co. Ltd. |
5,605,700 |
21,570,645 |
Subaru
Corp. |
1,459,300 |
25,260,918 |
Suzuki
Motor Corp. |
1,164,200 |
45,184,944 |
Toyota
Motor Corp. |
29,407,700 |
514,450,934 |
Yamaha
Motor Co. Ltd. |
831,200 |
20,311,911 |
|
|
783,824,817 |
Banks
— 7.4% | ||
Chiba
Bank Ltd. (The) |
1,720,600 |
12,815,969 |
Concordia
Financial Group Ltd. |
2,792,200 |
12,973,675 |
Fukuoka
Financial Group, Inc. |
452,600 |
11,963,911 |
Japan
Post Bank Co. Ltd. |
3,345,300 |
31,008,274 |
Kyoto
Financial Group, Inc. |
179,900 |
10,199,217 |
Mitsubishi
UFJ Financial Group, Inc. |
30,090,300 |
252,431,953 |
Mizuho
Financial Group, Inc. |
6,021,800 |
102,240,460 |
Resona
Holdings, Inc. |
5,602,600 |
29,936,498 |
Sumitomo
Mitsui Financial Group, Inc. |
3,172,800 |
152,954,277 |
Sumitomo
Mitsui Trust Holdings, Inc. |
863,700 |
32,385,989 |
|
|
648,910,223 |
Beverages
— 0.9% | ||
Asahi
Group Holdings Ltd. |
1,203,000 |
43,513,008 |
Kirin
Holdings Co. Ltd. |
1,929,700 |
27,118,690 |
Suntory
Beverage & Food Ltd. |
301,000 |
9,058,012 |
|
|
79,689,710 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Broadline
Retail — 0.4% | ||
Pan
Pacific International Holdings Corp. |
1,264,400 |
24,486,197 |
Rakuten
Group, Inc. |
3,498,900 |
12,942,154 |
|
|
37,428,351 |
Building
Products — 1.5% | ||
AGC,
Inc. |
539,400 |
18,349,900 |
Daikin
Industries Ltd. |
695,400 |
100,262,033 |
Lixil
Corp. |
681,500 |
7,472,695 |
TOTO
Ltd. |
369,300 |
8,904,419 |
|
|
134,989,047 |
Capital
Markets — 1.0% | ||
Daiwa
Securities Group, Inc. |
3,461,300 |
19,959,489 |
Japan
Exchange Group, Inc. |
1,253,700 |
24,791,664 |
Nomura
Holdings, Inc. |
6,978,300 |
26,960,023 |
SBI
Holdings, Inc. |
574,700 |
12,364,638 |
|
|
84,075,814 |
Chemicals
— 3.7% | ||
Asahi
Kasei Corp. |
3,305,500 |
20,321,505 |
JSR
Corp. (a) |
494,700 |
13,241,112 |
Kansai
Paint Co. Ltd. |
565,700 |
8,278,856 |
Mitsubishi
Chemical Group Corp. |
3,394,100 |
19,205,873 |
Mitsubishi
Gas Chemical Co., Inc. |
485,400 |
6,560,601 |
Mitsui
Chemicals, Inc. |
451,800 |
11,387,384 |
Nippon
Paint Holdings Co. Ltd. |
2,529,900 |
17,008,799 |
Nippon
Sanso Holdings Corp. |
503,600 |
12,700,042 |
Nissan
Chemical Corp. |
331,800 |
13,532,525 |
Nitto
Denko Corp. |
355,200 |
22,983,494 |
Shin-Etsu
Chemical Co. Ltd. |
4,801,200 |
143,572,101 |
Sumitomo
Chemical Co. Ltd. |
3,928,900 |
9,986,333 |
Toray
Industries, Inc. |
3,868,700 |
18,716,150 |
Tosoh
Corp. |
770,600 |
9,435,401 |
|
|
326,930,176 |
Commercial
Services & Supplies — 0.8% | ||
Dai
Nippon Printing Co. Ltd. |
616,200 |
16,074,972 |
Secom
Co. Ltd. |
498,300 |
34,609,350 |
TOPPAN
Holdings, Inc. |
779,100 |
17,969,066 |
|
|
68,653,388 |
Construction
& Engineering — 0.7% | ||
Kajima
Corp. |
1,115,600 |
18,437,965 |
Obayashi
Corp. |
1,710,500 |
14,651,816 |
Shimizu
Corp. |
1,498,700 |
10,665,486 |
Taisei
Corp. |
447,000 |
15,158,979 |
|
|
58,914,246 |
100
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Consumer
Finance — 0.1% | ||
Acom
Co. Ltd. |
1,151,200 |
2,703,364 |
Marui
Group Co. Ltd. |
439,800 |
6,954,618 |
|
|
9,657,982 |
Consumer
Staples Distribution & Retail — 1.7% | ||
Aeon
Co. Ltd. |
2,067,300 |
43,495,227 |
Cosmos
Pharmaceutical Corp. |
55,900 |
5,817,379 |
Kobe
Bussan Co. Ltd. (a) |
344,100 |
8,515,805 |
Lawson,
Inc. |
119,500 |
5,756,813 |
MatsukiyoCocokara
& Co. |
885,000 |
15,524,488 |
Seven
& i Holdings Co. Ltd. |
1,891,400 |
69,298,457 |
Welcia
Holdings Co. Ltd. |
243,100 |
4,029,581 |
|
|
152,437,750 |
Diversified
REITs — 0.3% | ||
Daiwa
House REIT Investment Corp. |
5,065 |
8,963,772 |
Nomura
Real Estate Master Fund, Inc. |
11,180 |
12,336,665 |
United
Urban Investment Corp. |
7,349 |
7,409,033 |
|
|
28,709,470 |
Diversified
Telecommunication Services — 0.9% | ||
Nippon
Telegraph & Telephone Corp. |
70,869,100 |
83,397,033 |
Electric
Utilities — 0.6% | ||
Chubu
Electric Power Co., Inc. |
1,797,800 |
21,724,897 |
Kansai
Electric Power Co., Inc. (The) |
1,959,400 |
25,087,849 |
Tokyo
Electric Power Co. Holdings, Inc. * |
1,903,500 |
8,055,116 |
|
|
54,867,862 |
Electrical
Equipment — 1.3% | ||
Fuji
Electric Co. Ltd. |
354,100 |
13,482,227 |
Mitsubishi
Electric Corp. |
5,092,200 |
58,389,769 |
NIDEC
Corp. |
1,244,700 |
45,656,897 |
|
|
117,528,893 |
Electronic
Equipment, Instruments & Components — 4.7% | ||
Hamamatsu
Photonics KK |
348,500 |
12,944,343 |
Hirose
Electric Co. Ltd. |
72,300 |
8,191,527 |
Ibiden
Co. Ltd. |
334,300 |
14,253,366 |
Keyence
Corp. |
473,600 |
183,339,424 |
Kyocera
Corp. |
824,600 |
40,645,698 |
Murata
Manufacturing Co. Ltd. |
4,472,100 |
76,604,294 |
Omron
Corp. |
489,600 |
17,541,018 |
Shimadzu
Corp. |
653,600 |
15,455,217 |
TDK
Corp. |
921,900 |
34,493,088 |
Yokogawa
Electric Corp. |
554,200 |
10,061,627 |
|
|
413,529,602 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Entertainment
— 2.0% | ||
Capcom
Co. Ltd. |
397,900 |
12,808,134 |
Koei
Tecmo Holdings Co. Ltd. |
287,600 |
3,755,386 |
Konami
Group Corp. |
244,500 |
12,665,611 |
Nexon
Co. Ltd. |
1,073,700 |
19,701,590 |
Nintendo
Co. Ltd. |
2,771,500 |
114,503,010 |
Square
Enix Holdings Co. Ltd. |
211,900 |
7,039,695 |
Toho
Co. Ltd. |
296,900 |
10,143,021 |
|
|
180,616,447 |
Financial
Services — 0.8% | ||
GMO
Payment Gateway, Inc. |
107,700 |
4,301,458 |
Mitsubishi
HC Capital, Inc. |
2,296,600 |
15,139,714 |
ORIX
Corp. |
2,781,600 |
50,587,156 |
Tokyo
Century Corp. |
111,500 |
4,295,951 |
|
|
74,324,279 |
Food
Products — 1.6% | ||
Ajinomoto
Co., Inc. |
1,256,600 |
45,894,407 |
Kikkoman
Corp. |
461,800 |
26,274,004 |
MEIJI
Holdings Co. Ltd. |
654,800 |
16,117,266 |
Nisshin
Seifun Group, Inc. |
620,100 |
9,353,462 |
Nissin
Foods Holdings Co. Ltd. |
197,500 |
17,184,215 |
Toyo
Suisan Kaisha Ltd. |
241,400 |
11,136,012 |
Yakult
Honsha Co. Ltd. |
722,000 |
17,013,889 |
|
|
142,973,255 |
Gas
Utilities — 0.5% | ||
Osaka
Gas Co. Ltd. |
987,500 |
18,622,065 |
Tokyo
Gas Co. Ltd. |
958,700 |
21,529,680 |
|
|
40,151,745 |
Ground
Transportation — 2.7% | ||
Central
Japan Railway Co. |
2,442,000 |
54,965,543 |
East
Japan Railway Co. |
896,400 |
46,556,622 |
Hankyu
Hanshin Holdings, Inc. |
602,600 |
18,959,966 |
Keio
Corp. |
305,400 |
9,062,583 |
Keisei
Electric Railway Co. Ltd. |
408,500 |
15,388,050 |
Kintetsu
Group Holdings Co. Ltd. |
451,400 |
12,700,937 |
Kyushu
Railway Co. |
373,000 |
7,626,469 |
Nagoya
Railroad Co. Ltd. |
467,100 |
6,538,839 |
Odakyu
Electric Railway Co. Ltd. |
874,200 |
12,445,401 |
Seibu
Holdings, Inc. |
645,100 |
6,299,060 |
Tobu
Railway Co. Ltd. |
498,000 |
11,986,587 |
Tokyu
Corp. |
1,481,700 |
16,726,965 |
West
Japan Railway Co. |
578,400 |
22,045,458 |
|
|
241,302,480 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
101
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Equipment & Supplies — 2.2% | ||
Asahi
Intecc Co. Ltd. (a) |
560,300 |
9,414,514 |
Hoya
Corp. |
840,300 |
80,894,522 |
Olympus
Corp. |
3,003,500 |
40,112,797 |
Sysmex
Corp. |
377,900 |
18,102,471 |
Terumo
Corp. |
1,773,500 |
48,519,750 |
|
|
197,044,054 |
Health
Care Providers & Services — 0.1% | ||
Medipal
Holdings Corp. |
497,700 |
8,367,825 |
Health
Care Technology — 0.2% | ||
M3,
Inc. |
1,015,100 |
15,633,751 |
Hotels,
Restaurants & Leisure — 1.1% | ||
McDonald's
Holdings Co. Japan Ltd. |
201,600 |
7,843,813 |
Oriental
Land Co. Ltd. |
2,759,800 |
89,266,745 |
|
|
97,110,558 |
Household
Durables — 4.3% | ||
Haseko
Corp. |
499,700 |
6,149,732 |
Iida
Group Holdings Co. Ltd. |
398,700 |
6,190,693 |
Nikon
Corp. |
774,800 |
7,356,273 |
Open
House Group Co. Ltd. |
166,000 |
5,471,420 |
Panasonic
Holdings Corp. |
5,820,400 |
51,065,232 |
Rinnai
Corp. |
281,800 |
5,176,508 |
Sekisui
Chemical Co. Ltd. |
1,009,400 |
13,825,626 |
Sekisui
House Ltd. |
1,572,500 |
30,793,875 |
Sharp
Corp. * |
663,800 |
4,150,222 |
Sony
Group Corp. |
2,991,500 |
248,709,978 |
|
|
378,889,559 |
Household
Products — 0.5% | ||
Lion
Corp. |
694,000 |
6,660,103 |
Unicharm
Corp. |
1,045,700 |
35,531,713 |
|
|
42,191,816 |
Industrial
Conglomerates — 1.8% | ||
Hikari
Tsushin, Inc. |
55,500 |
8,007,144 |
Hitachi
Ltd. |
2,224,700 |
141,016,231 |
Toshiba
Corp. * |
215,400 |
6,548,302 |
|
|
155,571,677 |
Industrial
REITs — 0.2% | ||
GLP
J-REIT |
11,674 |
10,455,908 |
Nippon
Prologis REIT, Inc. |
5,787 |
10,297,248 |
|
|
20,753,156 |
Insurance
— 3.5% | ||
Dai-ichi
Life Holdings, Inc. |
2,347,700 |
49,595,237 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Insurance
— continued | ||
Japan
Post Holdings Co. Ltd. |
4,760,400 |
42,135,268 |
Japan
Post Insurance Co. Ltd. |
435,600 |
8,387,952 |
MS&AD
Insurance Group Holdings, Inc. |
1,055,500 |
38,674,087 |
Sompo
Holdings, Inc. |
825,300 |
35,751,969 |
T&D
Holdings, Inc. |
1,298,800 |
23,169,585 |
Tokio
Marine Holdings, Inc. |
4,748,900 |
106,243,512 |
|
|
303,957,610 |
Interactive
Media & Services — 0.2% | ||
LY
Corp. |
6,336,400 |
16,154,567 |
IT
Services — 2.1% | ||
Fujitsu
Ltd. |
412,000 |
53,373,590 |
NEC
Corp. |
647,700 |
31,187,165 |
Nomura
Research Institute Ltd. |
1,099,000 |
28,848,701 |
NTT
Data Group Corp. |
1,397,400 |
17,229,819 |
Obic
Co. Ltd. |
156,100 |
23,074,133 |
Otsuka
Corp. |
274,100 |
10,989,936 |
SCSK
Corp. |
363,500 |
6,205,045 |
TIS,
Inc. |
510,400 |
10,930,141 |
|
|
181,838,530 |
Leisure
Products — 0.9% | ||
Bandai
Namco Holdings, Inc. |
1,579,900 |
32,733,184 |
Sega
Sammy Holdings, Inc. |
377,500 |
5,903,941 |
Shimano,
Inc. |
195,100 |
28,076,083 |
Yamaha
Corp. |
403,900 |
10,788,139 |
|
|
77,501,347 |
Machinery
— 4.6% | ||
Daifuku
Co. Ltd. |
900,900 |
14,885,480 |
FANUC
Corp. |
2,235,700 |
55,482,065 |
Hitachi
Construction Machinery Co. Ltd. |
244,400 |
6,314,258 |
Hoshizaki
Corp. |
270,700 |
8,742,163 |
Kawasaki
Heavy Industries Ltd. |
398,000 |
8,784,590 |
Komatsu
Ltd. |
2,309,000 |
53,052,505 |
Kubota
Corp. |
2,521,100 |
33,906,896 |
Kurita
Water Industries Ltd. |
252,900 |
7,683,970 |
Makita
Corp. |
664,600 |
17,177,820 |
MINEBEA
MITSUMI, Inc. |
1,013,500 |
15,890,974 |
MISUMI
Group, Inc. |
675,600 |
10,227,681 |
Mitsubishi
Heavy Industries Ltd. |
799,500 |
41,177,994 |
NGK
Insulators Ltd. |
620,800 |
7,585,096 |
SMC
Corp. |
144,100 |
66,540,067 |
102
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Machinery
— continued | ||
Toyota
Industries Corp. |
447,500 |
33,166,337 |
Yaskawa
Electric Corp. |
631,800 |
20,680,792 |
|
|
401,298,688 |
Marine
Transportation — 0.6% | ||
Mitsui
OSK Lines Ltd. |
859,200 |
22,182,239 |
Nippon
Yusen KK |
1,210,400 |
29,615,161 |
|
|
51,797,400 |
Media
— 0.3% | ||
CyberAgent,
Inc. |
983,500 |
5,162,837 |
Dentsu
Group, Inc. |
544,600 |
15,818,446 |
Hakuhodo
DY Holdings, Inc. |
711,500 |
5,773,961 |
|
|
26,755,244 |
Metals
& Mining — 1.0% | ||
JFE
Holdings, Inc. |
1,384,900 |
19,295,631 |
Nippon
Steel Corp. |
2,253,100 |
48,596,802 |
Sumitomo
Metal Mining Co. Ltd. |
649,000 |
18,231,681 |
|
|
86,124,114 |
Office
REITs — 0.4% | ||
Japan
Real Estate Investment Corp. |
3,377 |
12,543,265 |
Nippon
Building Fund, Inc. |
4,031 |
16,196,290 |
Orix
JREIT, Inc. |
6,551 |
7,528,816 |
|
|
36,268,371 |
Oil,
Gas & Consumable Fuels — 0.8% | ||
ENEOS
Holdings, Inc. |
7,193,200 |
26,653,808 |
Idemitsu
Kosan Co. Ltd. |
529,952 |
12,032,614 |
Inpex
Corp. |
2,433,000 |
35,304,960 |
|
|
73,991,382 |
Paper
& Forest Products — 0.1% | ||
Oji
Holdings Corp. |
2,405,300 |
10,287,185 |
Passenger
Airlines — 0.2% | ||
ANA
Holdings, Inc. * |
378,900 |
7,438,517 |
Japan
Airlines Co. Ltd. |
342,300 |
6,292,770 |
|
|
13,731,287 |
Personal
Care Products — 0.9% | ||
Kao
Corp. |
1,104,800 |
40,307,417 |
Kobayashi
Pharmaceutical Co. Ltd. |
133,700 |
5,519,574 |
Kose
Corp. |
84,900 |
5,624,709 |
Shiseido
Co. Ltd. |
948,300 |
30,075,783 |
|
|
81,527,483 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Pharmaceuticals
— 5.5% | ||
Astellas
Pharma, Inc. |
4,292,300 |
54,297,062 |
Chugai
Pharmaceutical Co. Ltd. |
1,512,700 |
44,861,486 |
Daiichi
Sankyo Co. Ltd. |
4,618,400 |
119,081,723 |
Eisai
Co. Ltd. |
703,500 |
37,270,275 |
Kyowa
Kirin Co. Ltd. |
601,400 |
9,432,535 |
Nippon
Shinyaku Co. Ltd. |
145,200 |
5,888,741 |
Ono
Pharmaceutical Co. Ltd. |
1,153,000 |
19,911,725 |
Otsuka
Holdings Co. Ltd. |
1,322,500 |
44,496,787 |
Santen
Pharmaceutical Co. Ltd. |
891,600 |
7,733,336 |
Shionogi
& Co. Ltd. |
663,900 |
30,914,259 |
Taisho
Pharmaceutical Holdings Co. Ltd. |
135,700 |
5,373,459 |
Takeda
Pharmaceutical Co. Ltd. |
3,753,000 |
101,874,240 |
|
|
481,135,628 |
Professional
Services — 1.4% | ||
Persol
Holdings Co. Ltd. |
4,369,000 |
6,550,948 |
Recruit
Holdings Co. Ltd. |
4,021,900 |
115,318,765 |
|
|
121,869,713 |
Real
Estate Management & Development — 2.3% | ||
Daito
Trust Construction Co. Ltd. |
155,500 |
16,679,923 |
Daiwa
House Industry Co. Ltd. |
1,580,600 |
43,475,469 |
Hulic
Co. Ltd. |
1,420,800 |
13,026,084 |
Mitsubishi
Estate Co. Ltd. |
3,140,200 |
40,195,567 |
Mitsui
Fudosan Co. Ltd. |
2,221,500 |
48,150,706 |
Nomura
Real Estate Holdings, Inc. |
268,400 |
6,268,772 |
Sumitomo
Realty & Development Co. Ltd. |
1,128,700 |
28,323,530 |
Tokyu
Fudosan Holdings Corp. |
1,434,100 |
8,355,535 |
|
|
204,475,586 |
Residential
REITs — 0.1% | ||
Advance
Residence Investment Corp. |
3,287 |
7,146,609 |
Retail
REITs — 0.1% | ||
Japan
Metropolitan Fund Invest |
16,573 |
10,695,335 |
Semiconductors
& Semiconductor Equipment — 3.8% | ||
Advantest
Corp. |
1,817,000 |
46,803,441 |
Disco
Corp. |
210,500 |
37,174,099 |
Lasertec
Corp. |
187,800 |
31,020,846 |
Renesas
Electronics Corp. * |
3,391,100 |
44,544,202 |
Rohm
Co. Ltd. |
831,100 |
13,315,860 |
SUMCO
Corp. |
831,100 |
10,739,601 |
Tokyo
Electron Ltd. |
1,118,300 |
147,769,581 |
|
|
331,367,630 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
103
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— 0.2% | ||
Oracle
Corp. |
79,100 |
5,611,330 |
Trend
Micro, Inc. |
334,200 |
12,594,200 |
|
|
18,205,530 |
Specialty
Retail — 1.7% | ||
ABC-Mart,
Inc. |
222,800 |
3,450,959 |
Fast
Retailing Co. Ltd. |
476,000 |
105,384,688 |
Nitori
Holdings Co. Ltd. |
206,100 |
22,319,566 |
USS
Co. Ltd. |
524,300 |
9,164,186 |
ZOZO,
Inc. |
288,900 |
5,493,360 |
|
|
145,812,759 |
Technology
Hardware, Storage & Peripherals — 1.6% | ||
Brother
Industries Ltd. |
610,700 |
9,527,073 |
Canon,
Inc. |
2,403,600 |
56,822,779 |
FUJIFILM
Holdings Corp. |
982,700 |
53,751,532 |
Ricoh
Co. Ltd. |
1,445,600 |
11,716,745 |
Seiko
Epson Corp. |
775,700 |
10,769,183 |
|
|
142,587,312 |
Textiles,
Apparel & Luxury Goods — 0.2% | ||
Asics
Corp. |
449,600 |
14,241,972 |
Tobacco
— 0.7% | ||
Japan
Tobacco, Inc. |
2,608,200 |
60,715,956 |
Trading
Companies & Distributors — 6.6% | ||
ITOCHU
Corp. |
3,457,900 |
124,557,125 |
Marubeni
Corp. |
4,028,100 |
58,897,978 |
Mitsubishi
Corp. |
3,409,500 |
158,935,752 |
Mitsui
& Co. Ltd. |
3,663,600 |
133,150,525 |
MonotaRO
Co. Ltd. (a) |
582,300 |
4,653,734 |
Sojitz
Corp. |
518,500 |
10,766,856 |
Sumitomo
Corp. |
2,900,700 |
57,021,016 |
Toyota
Tsusho Corp. |
562,400 |
29,940,089 |
|
|
577,923,075 |
Transportation
Infrastructure — 0.1% | ||
Japan
Airport Terminal Co. Ltd. |
220,600 |
9,701,777 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Wireless
Telecommunication Services — 3.2% | ||
KDDI
Corp. |
3,450,300 |
103,214,836 |
SoftBank
Corp. |
6,701,700 |
75,775,238 |
SoftBank
Group Corp. |
2,475,800 |
101,394,091 |
|
|
280,384,165 |
Total
Common Stocks
(Cost
$9,352,402,744) |
|
8,666,401,662 |
Short-Term
Investments — 0.1% | ||
Investment
of Cash Collateral from Securities Loaned — 0.1% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (b)
(c) |
7,350,161 |
7,351,631 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (b)
(c) |
1,317,980 |
1,317,980 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$8,669,611) |
|
8,669,611 |
Total
Investments — 98.6%
(Cost
$9,361,072,355) |
|
8,675,071,273 |
Other
Assets Less Liabilities — 1.4% |
|
122,238,661 |
NET
ASSETS — 100.0% |
|
8,797,309,934 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
REIT |
Real
Estate Investment Trust |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2023.
The total value of securities on loan at October 31, 2023 is
$8,163,766. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2023. |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
TOPIX
Index |
843 |
12/07/2023 |
JPY |
128,361,801 |
(2,143,130
) |
104
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
Abbreviations |
|
JPY |
Japanese
Yen |
TOPIX |
Tokyo
Stock Price Index |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
105
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.2% | ||
Aerospace
& Defense — 1.6% | ||
Boeing
Co. (The) * |
33,497 |
6,257,909 |
General
Dynamics Corp. |
13,386 |
3,230,176 |
HEICO
Corp. |
2,358 |
373,531 |
HEICO
Corp., Class A |
4,489 |
570,687 |
Howmet
Aerospace, Inc. |
23,133 |
1,020,165 |
Huntington
Ingalls Industries, Inc. |
2,354 |
517,456 |
L3Harris
Technologies, Inc. |
11,169 |
2,003,830 |
Lockheed
Martin Corp. |
13,241 |
6,019,888 |
Northrop
Grumman Corp. |
8,407 |
3,963,312 |
RTX
Corp. (a) |
85,987 |
6,998,482 |
Textron,
Inc. |
11,698 |
889,048 |
TransDigm
Group, Inc. * |
3,264 |
2,702,886 |
|
|
34,547,370 |
Air
Freight & Logistics — 0.5% | ||
CH
Robinson Worldwide, Inc. |
6,879 |
562,909 |
Expeditors
International of Washington, Inc. |
8,736 |
954,408 |
FedEx
Corp. |
13,673 |
3,282,887 |
United
Parcel Service, Inc., Class B |
42,728 |
6,035,330 |
|
|
10,835,534 |
Automobile
Components — 0.1% | ||
Aptiv
plc * |
16,709 |
1,457,025 |
BorgWarner,
Inc. |
13,886 |
512,393 |
Lear
Corp. |
3,470 |
450,267 |
|
|
2,419,685 |
Automobiles
— 1.8% | ||
Ford
Motor Co. |
232,246 |
2,264,399 |
General
Motors Co. |
81,285 |
2,292,237 |
Lucid
Group, Inc. *
(a) |
52,383 |
215,818 |
Rivian
Automotive, Inc., Class A *
(a) |
39,437 |
639,668 |
Tesla,
Inc. * |
163,136 |
32,764,234 |
|
|
38,176,356 |
Banks
— 2.8% | ||
Bank
of America Corp. |
408,418 |
10,757,730 |
Citigroup,
Inc. |
113,762 |
4,492,461 |
Citizens
Financial Group, Inc. |
27,898 |
653,650 |
East
West Bancorp, Inc. |
8,353 |
447,888 |
Fifth
Third Bancorp |
40,228 |
953,806 |
Huntington
Bancshares, Inc. |
85,533 |
825,393 |
JPMorgan
Chase & Co. (b) |
170,786 |
23,749,501 |
KeyCorp |
55,293 |
565,095 |
M&T
Bank Corp. |
9,801 |
1,105,063 |
PNC
Financial Services Group, Inc. (The) |
23,530 |
2,693,479 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— continued | ||
Regions
Financial Corp. |
55,435 |
805,471 |
Truist
Financial Corp. |
78,684 |
2,231,478 |
US
Bancorp |
91,976 |
2,932,195 |
Wells
Fargo & Co. |
216,153 |
8,596,405 |
|
|
60,809,615 |
Beverages
— 1.6% | ||
Brown-Forman
Corp., Class A (a) |
3,303 |
189,658 |
Brown-Forman
Corp., Class B |
10,812 |
607,202 |
Coca-Cola
Co. (The) |
229,915 |
12,987,898 |
Constellation
Brands, Inc., Class A |
9,524 |
2,230,045 |
Keurig
Dr Pepper, Inc. |
59,433 |
1,802,603 |
Molson
Coors Beverage Co., Class B |
10,965 |
633,448 |
Monster
Beverage Corp. * |
43,936 |
2,245,129 |
PepsiCo,
Inc. |
81,324 |
13,278,583 |
|
|
33,974,566 |
Biotechnology
— 2.2% | ||
AbbVie,
Inc. |
104,276 |
14,721,686 |
Alnylam
Pharmaceuticals, Inc. * |
7,387 |
1,121,347 |
Amgen,
Inc. |
31,603 |
8,080,887 |
Biogen,
Inc. * |
8,558 |
2,032,867 |
BioMarin
Pharmaceutical, Inc. * |
11,114 |
905,235 |
Exact
Sciences Corp. * |
10,668 |
657,042 |
Gilead
Sciences, Inc. |
73,615 |
5,781,722 |
Incyte
Corp. * |
10,987 |
592,529 |
Moderna,
Inc. * |
19,562 |
1,485,929 |
Neurocrine
Biosciences, Inc. * |
5,769 |
640,013 |
Regeneron
Pharmaceuticals, Inc. * |
6,307 |
4,918,766 |
Seagen,
Inc. * |
8,312 |
1,768,877 |
Vertex
Pharmaceuticals, Inc. * |
15,243 |
5,519,643 |
|
|
48,226,543 |
Broadline
Retail — 3.6% | ||
Amazon.com,
Inc. * |
536,397 |
71,389,077 |
Coupang,
Inc. (South Korea) * |
67,486 |
1,147,262 |
eBay,
Inc. |
31,433 |
1,233,116 |
Etsy,
Inc. *
(a) |
7,272 |
453,046 |
MercadoLibre,
Inc. (Brazil) * |
2,726 |
3,382,257 |
|
|
77,604,758 |
Building
Products — 0.4% | ||
Allegion
plc |
5,186 |
510,095 |
Carrier
Global Corp. |
49,487 |
2,358,550 |
Fortune
Brands Innovations, Inc. |
7,496 |
418,277 |
Johnson
Controls International plc |
40,195 |
1,970,359 |
106
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Building
Products — continued | ||
Lennox
International, Inc. |
1,885 |
698,468 |
Masco
Corp. |
13,288 |
692,172 |
Owens
Corning |
5,305 |
601,428 |
Trane
Technologies plc |
13,489 |
2,567,091 |
|
|
9,816,440 |
Capital
Markets — 2.8% | ||
Ameriprise
Financial, Inc. |
6,057 |
1,905,350 |
Bank
of New York Mellon Corp. (The) |
46,011 |
1,955,467 |
BlackRock,
Inc. |
8,287 |
5,073,964 |
Blackstone,
Inc. (a) |
41,933 |
3,872,513 |
Carlyle
Group, Inc. (The) |
12,758 |
351,355 |
Charles
Schwab Corp. (The) |
87,843 |
4,571,350 |
CME
Group, Inc. |
21,254 |
4,536,879 |
Coinbase
Global, Inc., Class A *
(a) |
9,984 |
769,966 |
FactSet
Research Systems, Inc. |
2,255 |
973,912 |
Franklin
Resources, Inc. |
16,801 |
382,895 |
Goldman
Sachs Group, Inc. (The) |
19,479 |
5,914,019 |
Intercontinental
Exchange, Inc. |
33,816 |
3,633,191 |
Invesco
Ltd. (a) |
26,504 |
343,757 |
KKR
& Co., Inc. |
38,238 |
2,118,385 |
LPL
Financial Holdings, Inc. |
4,509 |
1,012,361 |
MarketAxess
Holdings, Inc. |
2,227 |
476,021 |
Moody's
Corp. |
9,321 |
2,870,868 |
Morgan
Stanley |
75,378 |
5,338,270 |
MSCI,
Inc. |
4,671 |
2,202,610 |
Nasdaq,
Inc. |
20,031 |
993,538 |
Northern
Trust Corp. |
12,227 |
805,882 |
Raymond
James Financial, Inc. |
11,101 |
1,059,479 |
S&P
Global, Inc. |
19,220 |
6,713,738 |
SEI
Investments Co. |
5,939 |
318,687 |
State
Street Corp. |
18,828 |
1,216,854 |
T.
Rowe Price Group, Inc. |
13,251 |
1,199,216 |
|
|
60,610,527 |
Chemicals
— 1.6% | ||
Air
Products and Chemicals, Inc. |
13,127 |
3,707,590 |
Albemarle
Corp. (a) |
6,932 |
878,839 |
Celanese
Corp. |
5,910 |
676,754 |
CF
Industries Holdings, Inc. |
11,401 |
909,572 |
Corteva,
Inc. |
41,934 |
2,018,703 |
Dow,
Inc. |
41,535 |
2,007,802 |
DuPont
de Nemours, Inc. |
27,120 |
1,976,506 |
Eastman
Chemical Co. |
7,002 |
523,259 |
Ecolab,
Inc. |
14,987 |
2,513,919 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chemicals
— continued | ||
FMC
Corp. |
7,371 |
392,137 |
International
Flavors & Fragrances, Inc. |
15,078 |
1,030,581 |
Linde
plc |
28,827 |
11,016,526 |
LyondellBasell
Industries NV, Class A |
15,128 |
1,365,151 |
Mosaic
Co. (The) |
19,630 |
637,582 |
PPG
Industries, Inc. |
13,912 |
1,707,976 |
Sherwin-Williams
Co. (The) |
13,974 |
3,328,747 |
Westlake
Corp. |
1,883 |
217,223 |
|
|
34,908,867 |
Commercial
Services & Supplies — 0.5% | ||
Cintas
Corp. |
5,111 |
2,591,890 |
Copart,
Inc. * |
51,334 |
2,234,056 |
Republic
Services, Inc. |
12,146 |
1,803,560 |
Rollins,
Inc. |
16,590 |
623,950 |
Waste
Management, Inc. |
21,779 |
3,578,943 |
|
|
10,832,399 |
Communications
Equipment — 0.9% | ||
Arista
Networks, Inc. * |
14,818 |
2,969,083 |
Cisco
Systems, Inc. |
240,738 |
12,549,672 |
F5,
Inc. * |
3,503 |
531,020 |
Juniper
Networks, Inc. |
18,986 |
511,103 |
Motorola
Solutions, Inc. |
9,866 |
2,747,286 |
|
|
19,308,164 |
Construction
& Engineering — 0.1% | ||
Quanta
Services, Inc. |
8,579 |
1,433,722 |
Construction
Materials — 0.1% | ||
Martin
Marietta Materials, Inc. |
3,648 |
1,491,813 |
Vulcan
Materials Co. |
7,854 |
1,543,233 |
|
|
3,035,046 |
Consumer
Finance — 0.4% | ||
Ally
Financial, Inc. |
16,039 |
387,984 |
American
Express Co. |
34,376 |
5,019,927 |
Capital
One Financial Corp. |
22,534 |
2,282,469 |
Discover
Financial Services |
14,771 |
1,212,404 |
Synchrony
Financial |
24,707 |
693,031 |
|
|
9,595,815 |
Consumer
Staples Distribution & Retail — 1.8% | ||
Albertsons
Cos., Inc., Class A |
23,804 |
516,547 |
Costco
Wholesale Corp. |
26,176 |
14,460,670 |
Dollar
General Corp. |
12,953 |
1,541,925 |
Dollar
Tree, Inc. * |
12,364 |
1,373,517 |
Kroger
Co. (The) |
39,014 |
1,770,065 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
107
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Consumer
Staples Distribution & Retail — continued | ||
Sysco
Corp. |
29,843 |
1,984,261 |
Target
Corp. |
27,265 |
3,020,689 |
Walgreens
Boots Alliance, Inc. |
42,325 |
892,211 |
Walmart,
Inc. |
84,313 |
13,777,587 |
|
|
39,337,472 |
Containers
& Packaging — 0.2% | ||
Amcor
plc |
86,932 |
772,826 |
Avery
Dennison Corp. |
4,758 |
828,225 |
Ball
Corp. |
18,610 |
896,072 |
Crown
Holdings, Inc. |
7,124 |
574,194 |
International
Paper Co. |
20,436 |
689,306 |
Packaging
Corp. of America |
5,310 |
812,696 |
WestRock
Co. |
15,137 |
543,872 |
|
|
5,117,191 |
Distributors
— 0.1% | ||
Genuine
Parts Co. |
8,292 |
1,068,507 |
LKQ
Corp. |
15,802 |
694,024 |
Pool
Corp. |
2,307 |
728,481 |
|
|
2,491,012 |
Diversified
REITs — 0.0% ^ | ||
WP
Carey, Inc. |
12,639 |
678,082 |
Diversified
Telecommunication Services — 0.7% | ||
AT&T,
Inc. |
422,339 |
6,504,021 |
Verizon
Communications, Inc. |
248,355 |
8,724,711 |
|
|
15,228,732 |
Electric
Utilities — 1.6% | ||
Alliant
Energy Corp. |
14,931 |
728,483 |
American
Electric Power Co., Inc. |
30,438 |
2,299,286 |
Avangrid,
Inc. |
4,111 |
122,796 |
Constellation
Energy Corp. |
18,999 |
2,145,367 |
Duke
Energy Corp. |
45,532 |
4,047,339 |
Edison
International |
22,641 |
1,427,741 |
Entergy
Corp. |
12,496 |
1,194,493 |
Evergy,
Inc. |
13,564 |
666,535 |
Eversource
Energy |
20,626 |
1,109,473 |
Exelon
Corp. |
58,795 |
2,289,477 |
FirstEnergy
Corp. |
30,487 |
1,085,337 |
NextEra
Energy, Inc. |
119,552 |
6,969,882 |
NRG
Energy, Inc. |
13,530 |
573,401 |
PG&E
Corp. * |
123,542 |
2,013,735 |
Pinnacle
West Capital Corp. |
6,698 |
496,858 |
PPL
Corp. |
43,540 |
1,069,778 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
Southern
Co. (The) |
64,430 |
4,336,139 |
Xcel
Energy, Inc. |
32,578 |
1,930,898 |
|
|
34,507,018 |
Electrical
Equipment — 0.6% | ||
AMETEK,
Inc. |
13,634 |
1,919,258 |
Eaton
Corp. plc |
23,573 |
4,901,063 |
Emerson
Electric Co. |
33,757 |
3,003,360 |
Hubbell,
Inc. |
3,163 |
854,327 |
Rockwell
Automation, Inc. |
6,788 |
1,783,954 |
|
|
12,461,962 |
Electronic
Equipment, Instruments & Components — 0.6% | ||
Amphenol
Corp., Class A |
35,236 |
2,838,260 |
CDW
Corp. |
7,922 |
1,587,569 |
Cognex
Corp. |
10,182 |
366,450 |
Corning,
Inc. |
45,357 |
1,213,753 |
Flex
Ltd. * |
26,388 |
678,699 |
Keysight
Technologies, Inc. * |
10,534 |
1,285,675 |
TE
Connectivity Ltd. |
18,545 |
2,185,528 |
Teledyne
Technologies, Inc. * |
2,783 |
1,042,484 |
Trimble,
Inc. * |
14,665 |
691,162 |
Zebra
Technologies Corp., Class A * |
3,030 |
634,573 |
|
|
12,524,153 |
Energy
Equipment & Services — 0.4% | ||
Baker
Hughes Co. |
59,643 |
2,052,912 |
Halliburton
Co. |
53,083 |
2,088,285 |
Schlumberger
NV |
83,953 |
4,672,824 |
|
|
8,814,021 |
Entertainment
— 1.1% | ||
Electronic
Arts, Inc. |
14,561 |
1,802,506 |
Liberty
Media Corp-Liberty Formula One,
Class
A * |
1,411 |
81,203 |
Liberty
Media Corp-Liberty Formula One,
Class
C * |
12,293 |
795,234 |
Live
Nation Entertainment, Inc. * |
8,370 |
669,767 |
Netflix,
Inc. * |
26,176 |
10,776,398 |
ROBLOX
Corp., Class A * |
28,453 |
905,090 |
Take-Two
Interactive Software, Inc. * |
9,329 |
1,247,754 |
Walt
Disney Co. (The) * |
108,093 |
8,819,308 |
|
|
25,097,260 |
Financial
Services — 4.3% | ||
Apollo
Global Management, Inc. |
25,787 |
1,996,945 |
Berkshire
Hathaway, Inc., Class B * |
107,740 |
36,774,894 |
108
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Financial
Services — continued | ||
Block,
Inc. *
(a) |
32,456 |
1,306,354 |
Corebridge
Financial, Inc. |
9,769 |
195,380 |
Equitable
Holdings, Inc. |
19,284 |
512,376 |
Fidelity
National Information Services, Inc. |
35,005 |
1,719,095 |
Fiserv,
Inc. * |
36,009 |
4,096,024 |
FleetCor
Technologies, Inc. * |
4,374 |
984,894 |
Global
Payments, Inc. |
15,364 |
1,631,964 |
Jack
Henry & Associates, Inc. |
4,300 |
606,257 |
Mastercard,
Inc., Class A |
49,151 |
18,497,979 |
PayPal
Holdings, Inc. * |
64,864 |
3,359,955 |
Visa,
Inc., Class A (a) |
94,918 |
22,315,222 |
Voya
Financial, Inc. |
6,251 |
417,379 |
|
|
94,414,718 |
Food
Products — 0.9% | ||
Archer-Daniels-Midland
Co. |
31,672 |
2,266,765 |
Bunge
Ltd. |
8,895 |
942,692 |
Campbell
Soup Co. |
11,621 |
469,605 |
Conagra
Brands, Inc. |
28,232 |
772,428 |
General
Mills, Inc. |
34,572 |
2,255,477 |
Hershey
Co. (The) |
8,849 |
1,657,860 |
Hormel
Foods Corp. (a) |
17,108 |
556,865 |
J
M Smucker Co. (The) |
6,027 |
686,114 |
Kellogg
Co. |
15,573 |
785,969 |
Kraft
Heinz Co. (The) |
47,169 |
1,483,937 |
Lamb
Weston Holdings, Inc. |
8,614 |
773,537 |
McCormick
& Co., Inc. (Non-Voting) |
14,837 |
948,084 |
Mondelez
International, Inc., Class A |
80,366 |
5,321,033 |
Tyson
Foods, Inc., Class A |
16,867 |
781,786 |
|
|
19,702,152 |
Gas
Utilities — 0.0% ^ | ||
Atmos
Energy Corp. |
8,768 |
943,963 |
Ground
Transportation — 1.0% | ||
CSX
Corp. |
118,522 |
3,537,882 |
JB
Hunt Transport Services, Inc. |
4,819 |
828,242 |
Norfolk
Southern Corp. |
13,409 |
2,558,303 |
Old
Dominion Freight Line, Inc. |
5,291 |
1,992,908 |
Uber
Technologies, Inc. * |
120,722 |
5,224,848 |
Union
Pacific Corp. |
36,000 |
7,473,960 |
|
|
21,616,143 |
Health
Care Equipment & Supplies — 2.4% | ||
Abbott
Laboratories |
102,523 |
9,693,550 |
Align
Technology, Inc. * |
4,202 |
775,647 |
Baxter
International, Inc. |
29,918 |
970,241 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Health
Care Equipment & Supplies — continued | ||
Becton
Dickinson & Co. |
17,142 |
4,333,155 |
Boston
Scientific Corp. * |
86,502 |
4,428,037 |
Cooper
Cos., Inc. (The) |
2,924 |
911,557 |
Dentsply
Sirona, Inc. |
12,511 |
380,459 |
Dexcom,
Inc. * |
22,917 |
2,035,717 |
Edwards
Lifesciences Corp. * |
35,911 |
2,288,249 |
GE
HealthCare Technologies, Inc. |
23,108 |
1,538,300 |
Hologic,
Inc. * |
14,469 |
957,414 |
IDEXX
Laboratories, Inc. * |
4,899 |
1,957,003 |
Insulet
Corp. * |
4,123 |
546,586 |
Intuitive
Surgical, Inc. * |
20,757 |
5,442,901 |
Medtronic
plc |
78,637 |
5,548,627 |
ResMed,
Inc. |
8,680 |
1,225,790 |
STERIS
plc |
5,827 |
1,223,553 |
Stryker
Corp. |
19,972 |
5,396,834 |
Teleflex,
Inc. |
2,778 |
513,235 |
Zimmer
Biomet Holdings, Inc. |
12,341 |
1,288,524 |
|
|
51,455,379 |
Health
Care Providers & Services — 3.0% | ||
agilon
health, Inc. *
(a) |
17,729 |
319,122 |
Cardinal
Health, Inc. |
15,040 |
1,368,640 |
Cencora,
Inc. |
9,848 |
1,823,357 |
Centene
Corp. * |
31,984 |
2,206,256 |
Cigna
Group (The) |
17,482 |
5,405,434 |
CVS
Health Corp. |
75,872 |
5,235,927 |
DaVita,
Inc. * |
3,176 |
245,282 |
Elevance
Health, Inc. |
13,920 |
6,265,253 |
HCA
Healthcare, Inc. |
11,895 |
2,689,935 |
Henry
Schein, Inc. * |
7,710 |
500,996 |
Humana,
Inc. |
7,323 |
3,834,982 |
Laboratory
Corp. of America Holdings |
5,233 |
1,045,187 |
McKesson
Corp. |
7,972 |
3,630,130 |
Molina
Healthcare, Inc. * |
3,445 |
1,147,013 |
Quest
Diagnostics, Inc. |
6,625 |
861,913 |
UnitedHealth
Group, Inc. |
54,725 |
29,308,521 |
Universal
Health Services, Inc., Class B |
3,667 |
461,639 |
|
|
66,349,587 |
Health
Care REITs — 0.2% | ||
Healthpeak
Properties, Inc. |
32,318 |
502,545 |
Ventas,
Inc. |
23,769 |
1,009,231 |
Welltower,
Inc. |
30,644 |
2,562,145 |
|
|
4,073,921 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
109
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Technology — 0.1% | ||
Veeva
Systems, Inc., Class A * |
8,610 |
1,659,233 |
Hotel
& Resort REITs — 0.0% ^ | ||
Host
Hotels & Resorts, Inc. |
42,041 |
650,795 |
Hotels,
Restaurants & Leisure — 2.1% | ||
Airbnb,
Inc., Class A * |
25,192 |
2,979,962 |
Aramark |
15,425 |
415,395 |
Booking
Holdings, Inc. * |
2,112 |
5,891,551 |
Caesars
Entertainment, Inc. * |
12,718 |
507,321 |
Carnival
Corp. * |
59,509 |
681,973 |
Chipotle
Mexican Grill, Inc. * |
1,632 |
3,169,670 |
Darden
Restaurants, Inc. |
7,137 |
1,038,648 |
Domino's
Pizza, Inc. |
2,078 |
704,421 |
DoorDash,
Inc., Class A * |
17,725 |
1,328,489 |
Expedia
Group, Inc. * |
8,142 |
775,851 |
Hilton
Worldwide Holdings, Inc. |
15,452 |
2,341,442 |
Las
Vegas Sands Corp. |
19,423 |
921,816 |
Marriott
International, Inc., Class A |
14,804 |
2,791,442 |
McDonald's
Corp. |
43,057 |
11,288,254 |
MGM
Resorts International |
16,586 |
579,183 |
Royal
Caribbean Cruises Ltd. * |
13,922 |
1,179,611 |
Starbucks
Corp. |
67,663 |
6,241,235 |
Vail
Resorts, Inc. |
2,278 |
483,505 |
Wynn
Resorts Ltd. |
5,722 |
502,277 |
Yum!
Brands, Inc. |
16,557 |
2,001,079 |
|
|
45,823,125 |
Household
Durables — 0.3% | ||
DR
Horton, Inc. |
17,985 |
1,877,634 |
Garmin
Ltd. |
9,052 |
928,101 |
Lennar
Corp., Class A |
14,920 |
1,591,666 |
Lennar
Corp., Class B |
779 |
76,817 |
NVR,
Inc. * |
189 |
1,022,985 |
PulteGroup,
Inc. |
12,959 |
953,653 |
Whirlpool
Corp. |
3,243 |
339,088 |
|
|
6,789,944 |
Household
Products — 1.3% | ||
Church
& Dwight Co., Inc. |
14,534 |
1,321,722 |
Clorox
Co. (The) |
7,319 |
861,446 |
Colgate-Palmolive
Co. |
48,842 |
3,669,011 |
Kimberly-Clark
Corp. |
19,983 |
2,390,766 |
Procter
& Gamble Co. (The) |
139,258 |
20,892,878 |
|
|
29,135,823 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Independent
Power and Renewable Electricity Producers — 0.1% | ||
AES
Corp. (The) |
39,564 |
589,503 |
Vistra
Corp. |
20,408 |
667,750 |
|
|
1,257,253 |
Industrial
Conglomerates — 0.8% | ||
3M
Co. |
32,604 |
2,965,334 |
General
Electric Co. |
64,293 |
6,984,149 |
Honeywell
International, Inc. |
39,225 |
7,188,373 |
|
|
17,137,856 |
Industrial
REITs — 0.2% | ||
Prologis,
Inc. |
54,583 |
5,499,237 |
Insurance
— 2.3% | ||
Aflac,
Inc. (a) |
31,933 |
2,494,287 |
Allstate
Corp. (The) |
15,455 |
1,980,249 |
American
Financial Group, Inc. |
3,913 |
427,926 |
American
International Group, Inc. |
42,058 |
2,578,576 |
Aon
plc, Class A (a) |
11,987 |
3,708,778 |
Arch
Capital Group Ltd. * |
22,031 |
1,909,647 |
Arthur
J Gallagher & Co. |
12,731 |
2,998,023 |
Brown
& Brown, Inc. |
13,905 |
965,285 |
Chubb
Ltd. |
24,264 |
5,207,540 |
Cincinnati
Financial Corp. |
9,266 |
923,542 |
Everest
Group Ltd. |
2,559 |
1,012,391 |
Fidelity
National Financial, Inc. |
15,270 |
596,904 |
Globe
Life, Inc. |
5,138 |
597,858 |
Hartford
Financial Services Group, Inc. (The) |
18,063 |
1,326,727 |
Loews
Corp. |
10,925 |
699,309 |
Markel
Group, Inc. * |
780 |
1,147,006 |
Marsh
& McLennan Cos., Inc. |
29,186 |
5,535,125 |
MetLife,
Inc. |
37,322 |
2,239,693 |
Principal
Financial Group, Inc. |
13,140 |
889,315 |
Progressive
Corp. (The) |
34,580 |
5,466,752 |
Prudential
Financial, Inc. |
21,443 |
1,960,748 |
Reinsurance
Group of America, Inc. |
3,914 |
585,026 |
Travelers
Cos., Inc. (The) |
13,520 |
2,263,789 |
Willis
Towers Watson plc |
6,196 |
1,461,574 |
WR
Berkley Corp. |
12,021 |
810,456 |
|
|
49,786,526 |
Interactive
Media & Services — 5.6% | ||
Alphabet,
Inc., Class A * |
350,496 |
43,489,544 |
Alphabet,
Inc., Class C * |
298,155 |
37,358,822 |
Match
Group, Inc. * |
16,423 |
568,236 |
Meta
Platforms, Inc., Class A * |
131,307 |
39,558,860 |
Pinterest,
Inc., Class A * |
34,380 |
1,027,274 |
110
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Interactive
Media & Services — continued | ||
Snap,
Inc., Class A *
(a) |
59,836 |
598,958 |
ZoomInfo
Technologies, Inc. * |
18,023 |
233,578 |
|
|
122,835,272 |
IT
Services — 1.5% | ||
Accenture
plc, Class A |
37,270 |
11,072,544 |
Akamai
Technologies, Inc. * |
8,984 |
928,317 |
Cloudflare,
Inc., Class A *
(a) |
17,285 |
979,887 |
Cognizant
Technology Solutions Corp.,
Class
A |
29,839 |
1,923,720 |
EPAM
Systems, Inc. * |
3,425 |
745,177 |
Gartner,
Inc. * |
4,656 |
1,545,978 |
GoDaddy,
Inc., Class A * |
8,673 |
635,124 |
International
Business Machines Corp. |
53,816 |
7,783,946 |
MongoDB,
Inc. * |
4,167 |
1,435,907 |
Okta,
Inc. * |
9,162 |
617,611 |
Snowflake,
Inc., Class A * |
19,249 |
2,793,607 |
Twilio,
Inc., Class A * |
10,694 |
548,175 |
VeriSign,
Inc. * |
5,299 |
1,057,998 |
|
|
32,067,991 |
Leisure
Products — 0.0% ^ | ||
Hasbro,
Inc. |
7,701 |
347,700 |
Life
Sciences Tools & Services — 1.3% | ||
Agilent
Technologies, Inc. |
17,447 |
1,803,496 |
Avantor,
Inc. * |
39,929 |
695,963 |
Bio-Rad
Laboratories, Inc., Class A * |
1,232 |
339,145 |
Bio-Techne
Corp. |
9,300 |
508,059 |
Charles
River Laboratories International,
Inc. * |
3,026 |
509,457 |
Danaher
Corp. |
38,818 |
7,453,832 |
Illumina,
Inc. * |
9,350 |
1,023,077 |
IQVIA
Holdings, Inc. * |
10,821 |
1,956,761 |
Mettler-Toledo
International, Inc. * |
1,289 |
1,269,923 |
Revvity,
Inc. |
7,337 |
607,871 |
Thermo
Fisher Scientific, Inc. |
22,795 |
10,138,532 |
Waters
Corp. * |
3,491 |
832,708 |
West
Pharmaceutical Services, Inc. |
4,368 |
1,390,291 |
|
|
28,529,115 |
Machinery
— 1.6% | ||
Caterpillar,
Inc. |
30,135 |
6,812,017 |
Cummins,
Inc. |
8,362 |
1,808,701 |
Deere
& Co. |
16,109 |
5,885,584 |
Dover
Corp. |
8,260 |
1,073,387 |
Fortive
Corp. |
20,796 |
1,357,563 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Machinery
— continued | ||
IDEX
Corp. |
4,469 |
855,411 |
Illinois
Tool Works, Inc. |
16,254 |
3,642,846 |
Ingersoll
Rand, Inc. |
23,886 |
1,449,402 |
Otis
Worldwide Corp. |
24,323 |
1,877,979 |
PACCAR,
Inc. |
30,880 |
2,548,526 |
Parker-Hannifin
Corp. |
7,578 |
2,795,600 |
Pentair
plc |
9,755 |
566,961 |
Snap-on,
Inc. |
3,122 |
805,289 |
Stanley
Black & Decker, Inc. (a) |
9,056 |
770,213 |
Westinghouse
Air Brake Technologies Corp. |
10,579 |
1,121,585 |
Xylem,
Inc. |
14,231 |
1,331,168 |
|
|
34,702,232 |
Media
— 0.9% | ||
Charter
Communications, Inc., Class A *
(a) |
6,008 |
2,420,022 |
Comcast
Corp., Class A |
243,136 |
10,039,085 |
Fox
Corp., Class A |
14,987 |
455,455 |
Fox
Corp., Class B |
7,788 |
217,363 |
Interpublic
Group of Cos., Inc. (The) |
22,736 |
645,702 |
Liberty
Broadband Corp., Class A * |
983 |
81,904 |
Liberty
Broadband Corp., Class C * |
6,774 |
564,342 |
Liberty
Media Corp-Liberty SiriusXM * |
8,782 |
215,598 |
Liberty
Media Corp-Liberty SiriusXM,
Class
A * |
4,409 |
107,976 |
News
Corp., Class A |
22,505 |
465,403 |
News
Corp., Class B |
6,826 |
146,349 |
Omnicom
Group, Inc. |
11,669 |
874,125 |
Paramount
Global, Class A (a) |
554 |
7,701 |
Paramount
Global, Class B (a) |
28,484 |
309,906 |
Sirius
XM Holdings, Inc. (a) |
38,591 |
165,170 |
Trade
Desk, Inc. (The), Class A * |
26,361 |
1,870,577 |
|
|
18,586,678 |
Metals
& Mining — 0.4% | ||
Freeport-McMoRan,
Inc. |
84,697 |
2,861,065 |
Newmont
Corp. |
68,077 |
2,550,845 |
Nucor
Corp. |
14,689 |
2,170,887 |
Southern
Copper Corp. (Mexico) |
5,027 |
356,414 |
Steel
Dynamics, Inc. |
9,199 |
979,786 |
|
|
8,918,997 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.0% ^ | ||
Annaly
Capital Management, Inc. |
29,183 |
455,547 |
Multi-Utilities
— 0.7% | ||
Ameren
Corp. |
15,523 |
1,175,246 |
CenterPoint
Energy, Inc. |
37,292 |
1,002,409 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
111
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Multi-Utilities
— continued | ||
CMS
Energy Corp. |
17,236 |
936,604 |
Consolidated
Edison, Inc. |
20,373 |
1,788,546 |
Dominion
Energy, Inc. |
49,437 |
1,993,300 |
DTE
Energy Co. |
12,179 |
1,173,812 |
NiSource,
Inc. |
24,410 |
614,156 |
Public
Service Enterprise Group, Inc. |
29,485 |
1,817,750 |
Sempra |
37,173 |
2,603,225 |
WEC
Energy Group, Inc. |
18,632 |
1,516,459 |
|
|
14,621,507 |
Office
REITs — 0.1% | ||
Alexandria
Real Estate Equities, Inc. |
9,200 |
856,796 |
Boston
Properties, Inc. |
8,528 |
456,845 |
|
|
1,313,641 |
Oil,
Gas & Consumable Fuels — 4.1% | ||
APA
Corp. |
18,147 |
720,799 |
Cheniere
Energy, Inc. |
14,219 |
2,366,326 |
Chevron
Corp. |
104,821 |
15,275,564 |
ConocoPhillips |
70,748 |
8,404,862 |
Coterra
Energy, Inc. |
44,753 |
1,230,708 |
Devon
Energy Corp. |
37,855 |
1,762,907 |
Diamondback
Energy, Inc. |
10,561 |
1,693,140 |
EOG
Resources, Inc. |
34,402 |
4,343,253 |
EQT
Corp. |
21,365 |
905,449 |
Exxon
Mobil Corp. |
235,106 |
24,885,970 |
Hess
Corp. |
16,322 |
2,356,897 |
Kinder
Morgan, Inc. |
114,515 |
1,855,143 |
Marathon
Oil Corp. |
35,782 |
977,206 |
Marathon
Petroleum Corp. |
23,622 |
3,572,828 |
Occidental
Petroleum Corp. |
39,199 |
2,422,890 |
ONEOK,
Inc. |
34,400 |
2,242,880 |
Phillips
66 |
26,311 |
3,001,296 |
Pioneer
Natural Resources Co. |
13,775 |
3,292,225 |
Targa
Resources Corp. |
13,217 |
1,105,073 |
Texas
Pacific Land Corp. |
371 |
684,847 |
Valero
Energy Corp. |
20,860 |
2,649,220 |
Williams
Cos., Inc. (The) |
71,856 |
2,471,846 |
|
|
88,221,329 |
Passenger
Airlines — 0.1% | ||
Delta
Air Lines, Inc. |
38,012 |
1,187,875 |
Southwest
Airlines Co. |
35,188 |
782,229 |
United
Airlines Holdings, Inc. * |
19,381 |
678,529 |
|
|
2,648,633 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Personal
Care Products — 0.1% | ||
Estee
Lauder Cos., Inc. (The), Class A |
13,701 |
1,765,648 |
Pharmaceuticals
— 3.9% | ||
Bristol-Myers
Squibb Co. |
123,418 |
6,359,730 |
Catalent,
Inc. * |
10,645 |
366,082 |
Eli
Lilly & Co. |
47,112 |
26,096,750 |
Jazz
Pharmaceuticals plc * |
3,725 |
473,149 |
Johnson
& Johnson |
142,251 |
21,101,513 |
Merck
& Co., Inc. |
149,910 |
15,395,757 |
Pfizer,
Inc. |
333,543 |
10,193,074 |
Royalty
Pharma plc, Class A |
22,802 |
612,690 |
Viatris,
Inc. |
70,866 |
630,707 |
Zoetis,
Inc. |
27,193 |
4,269,301 |
|
|
85,498,753 |
Professional
Services — 0.8% | ||
Automatic
Data Processing, Inc. |
24,337 |
5,310,820 |
Booz
Allen Hamilton Holding Corp. |
7,737 |
927,898 |
Broadridge
Financial Solutions, Inc. |
6,977 |
1,190,555 |
Ceridian
HCM Holding, Inc. *
(a) |
9,194 |
588,508 |
Equifax,
Inc. |
7,255 |
1,230,230 |
Jacobs
Solutions, Inc. |
7,440 |
991,752 |
Leidos
Holdings, Inc. |
8,114 |
804,260 |
Paychex,
Inc. |
18,958 |
2,105,286 |
Paycom
Software, Inc. |
2,909 |
712,618 |
Paylocity
Holding Corp. * |
2,539 |
455,497 |
SS&C
Technologies Holdings, Inc. |
12,750 |
640,688 |
TransUnion (a) |
11,422 |
501,197 |
Verisk
Analytics, Inc. |
8,569 |
1,948,248 |
|
|
17,407,557 |
Real
Estate Management & Development — 0.2% | ||
CBRE
Group, Inc., Class A * |
18,307 |
1,269,407 |
CoStar
Group, Inc. * |
24,125 |
1,771,016 |
Zillow
Group, Inc., Class A * |
3,110 |
110,498 |
Zillow
Group, Inc., Class C * |
9,334 |
338,358 |
|
|
3,489,279 |
Residential
REITs — 0.4% | ||
AvalonBay
Communities, Inc. |
8,384 |
1,389,564 |
Camden
Property Trust |
6,308 |
535,423 |
Equity
LifeStyle Properties, Inc. |
11,004 |
724,063 |
Equity
Residential |
20,373 |
1,127,238 |
Essex
Property Trust, Inc. |
3,796 |
812,040 |
Invitation
Homes, Inc. |
33,984 |
1,008,985 |
Mid-America
Apartment Communities, Inc. |
6,893 |
814,408 |
112
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Residential
REITs — continued | ||
Sun
Communities, Inc. |
7,353 |
817,948 |
UDR,
Inc. |
17,907 |
569,622 |
|
|
7,799,291 |
Retail
REITs — 0.3% | ||
Federal
Realty Investment Trust |
4,329 |
394,762 |
Kimco
Realty Corp. |
36,615 |
656,873 |
Realty
Income Corp. |
41,877 |
1,984,132 |
Regency
Centers Corp. |
9,709 |
585,064 |
Simon
Property Group, Inc. |
19,324 |
2,123,515 |
|
|
5,744,346 |
Semiconductors
& Semiconductor Equipment — 7.0% | ||
Advanced
Micro Devices, Inc. * |
95,444 |
9,401,234 |
Analog
Devices, Inc. |
29,618 |
4,659,800 |
Applied
Materials, Inc. |
49,610 |
6,565,884 |
Broadcom,
Inc. |
24,377 |
20,510,077 |
Enphase
Energy, Inc. *
(a) |
8,056 |
641,096 |
Entegris,
Inc. |
8,864 |
780,387 |
First
Solar, Inc. * |
6,312 |
899,144 |
Intel
Corp. |
247,415 |
9,030,648 |
KLA
Corp. |
8,077 |
3,793,767 |
Lam
Research Corp. |
7,879 |
4,634,585 |
Marvell
Technology, Inc. |
50,805 |
2,399,012 |
Microchip
Technology, Inc. |
32,160 |
2,292,686 |
Micron
Technology, Inc. |
64,705 |
4,326,823 |
Monolithic
Power Systems, Inc. |
2,824 |
1,247,474 |
NVIDIA
Corp. |
145,920 |
59,506,176 |
NXP
Semiconductors NV (China) |
15,226 |
2,625,419 |
ON
Semiconductor Corp. * |
25,491 |
1,596,756 |
Qorvo,
Inc. * |
5,784 |
505,637 |
QUALCOMM,
Inc. |
65,927 |
7,185,384 |
Skyworks
Solutions, Inc. |
9,413 |
816,484 |
SolarEdge
Technologies, Inc. *
(a) |
3,344 |
253,977 |
Teradyne,
Inc. (a) |
9,101 |
757,840 |
Texas
Instruments, Inc. |
53,640 |
7,617,416 |
|
|
152,047,706 |
Software
— 11.2% | ||
Adobe,
Inc. * |
26,931 |
14,328,908 |
ANSYS,
Inc. * |
5,129 |
1,427,195 |
Aspen
Technology, Inc. * |
1,677 |
298,087 |
Atlassian
Corp., Class A * |
8,978 |
1,621,786 |
Autodesk,
Inc. * |
12,627 |
2,495,474 |
Bentley
Systems, Inc., Class B |
13,554 |
659,267 |
Bill
Holdings, Inc. *
(a) |
5,714 |
521,631 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Software
— continued | ||
Cadence
Design Systems, Inc. * |
16,058 |
3,851,511 |
Crowdstrike
Holdings, Inc., Class A * |
13,242 |
2,340,788 |
Datadog,
Inc., Class A * |
17,672 |
1,439,738 |
DocuSign,
Inc. * |
11,958 |
464,927 |
Dynatrace,
Inc. * |
14,031 |
627,326 |
Fair
Isaac Corp. * |
1,462 |
1,236,662 |
Fortinet,
Inc. * |
38,511 |
2,201,674 |
Gen
Digital, Inc. |
33,247 |
553,895 |
HubSpot,
Inc. * |
2,953 |
1,251,393 |
Intuit,
Inc. |
16,549 |
8,190,928 |
Microsoft
Corp. |
438,928 |
148,405,946 |
Oracle
Corp. |
93,000 |
9,616,200 |
Palantir
Technologies, Inc., Class A *
(a) |
112,479 |
1,664,689 |
Palo
Alto Networks, Inc. * |
18,065 |
4,390,156 |
PTC,
Inc. * |
7,018 |
985,468 |
Roper
Technologies, Inc. |
6,305 |
3,080,434 |
Salesforce,
Inc. * |
57,544 |
11,556,561 |
ServiceNow,
Inc. * |
12,053 |
7,013,038 |
Splunk,
Inc. * |
9,005 |
1,325,176 |
Synopsys,
Inc. * |
8,994 |
4,222,143 |
Tyler
Technologies, Inc. * |
2,482 |
925,538 |
Unity
Software, Inc. *
(a) |
14,275 |
362,157 |
VMware,
Inc., Class A * |
12,939 |
1,884,565 |
Workday,
Inc., Class A * |
12,156 |
2,573,547 |
Zoom
Video Communications, Inc., Class A * |
14,824 |
889,143 |
Zscaler,
Inc. * |
5,172 |
820,745 |
|
|
243,226,696 |
Specialized
REITs — 1.0% | ||
American
Tower Corp. |
27,542 |
4,907,709 |
Crown
Castle, Inc. |
25,616 |
2,381,776 |
Digital
Realty Trust, Inc. |
17,883 |
2,223,930 |
Equinix,
Inc. |
5,532 |
4,036,368 |
Extra
Space Storage, Inc. (a) |
12,486 |
1,293,425 |
Iron
Mountain, Inc. |
17,243 |
1,018,544 |
Public
Storage |
9,346 |
2,230,983 |
SBA
Communications Corp. |
6,402 |
1,335,649 |
VICI
Properties, Inc. |
59,872 |
1,670,429 |
Weyerhaeuser
Co. |
43,172 |
1,238,605 |
|
|
22,337,418 |
Specialty
Retail — 2.0% | ||
Advance
Auto Parts, Inc. |
3,511 |
182,677 |
AutoZone,
Inc. * |
1,074 |
2,660,438 |
Bath
& Body Works, Inc. |
13,519 |
400,838 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
113
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Specialty
Retail — continued | ||
Best
Buy Co., Inc. |
11,474 |
766,693 |
Burlington
Stores, Inc. * |
3,837 |
464,392 |
CarMax,
Inc. *
(a) |
9,344 |
570,825 |
Home
Depot, Inc. (The) |
59,395 |
16,909,162 |
Lowe's
Cos., Inc. |
34,618 |
6,597,152 |
O'Reilly
Automotive, Inc. * |
3,566 |
3,317,949 |
Ross
Stores, Inc. |
20,126 |
2,334,012 |
TJX
Cos., Inc. (The) |
67,897 |
5,979,689 |
Tractor
Supply Co. (a) |
6,426 |
1,237,391 |
Ulta
Beauty, Inc. * |
2,941 |
1,121,433 |
|
|
42,542,651 |
Technology
Hardware, Storage & Peripherals — 7.1% | ||
Apple,
Inc. |
868,203 |
148,263,026 |
Dell
Technologies, Inc., Class C |
14,971 |
1,001,710 |
Hewlett
Packard Enterprise Co. |
76,296 |
1,173,433 |
HP,
Inc. |
51,259 |
1,349,650 |
NetApp,
Inc. |
12,459 |
906,766 |
Seagate
Technology Holdings plc |
11,397 |
777,845 |
Western
Digital Corp. * |
18,903 |
758,955 |
|
|
154,231,385 |
Textiles,
Apparel & Luxury Goods — 0.5% | ||
Lululemon
Athletica, Inc. * |
6,833 |
2,688,649 |
NIKE,
Inc., Class B |
72,368 |
7,437,260 |
Tapestry,
Inc. |
13,697 |
377,489 |
VF
Corp. (a) |
19,529 |
287,662 |
|
|
10,791,060 |
Tobacco
— 0.6% | ||
Altria
Group, Inc. |
104,841 |
4,211,463 |
Philip
Morris International, Inc. |
91,708 |
8,176,685 |
|
|
12,388,148 |
Trading
Companies & Distributors — 0.4% | ||
Fastenal
Co. |
33,747 |
1,968,800 |
Ferguson
plc |
12,067 |
1,812,463 |
United
Rentals, Inc. |
4,034 |
1,638,893 |
Watsco,
Inc. (a) |
1,977 |
689,756 |
WW
Grainger, Inc. |
2,634 |
1,922,372 |
|
|
8,032,284 |
Water
Utilities — 0.1% | ||
American
Water Works Co., Inc. |
11,501 |
1,353,093 |
Veralto
Corp. * |
1 |
69 |
|
|
1,353,162 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Wireless
Telecommunication Services — 0.2% | ||
T-Mobile
US, Inc. * |
30,580 |
4,399,239 |
Total
Common Stocks
(Cost
$2,156,426,494) |
|
2,154,991,230 |
INVESTMENTS |
NO.
OF
RIGHTS |
|
Rights
— 0.0% ^ | ||
Health
Care Equipment & Supplies — 0.0% ^ | ||
ABIOMED,
Inc., CVR ‡
*
(Cost
$1,764) |
1,730 |
1,765 |
|
SHARES |
|
Short-Term
Investments — 2.7% | ||
Investment
Companies — 0.7% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (c)
(d)
(Cost
$15,413,521) |
15,413,521 |
15,413,521 |
Investment
of Cash Collateral from Securities Loaned — 2.0% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (c)
(d) |
39,990,202 |
39,998,200 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (c)
(d) |
4,560,264 |
4,560,264 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$44,559,764) |
|
44,558,464 |
Total
Short-Term Investments
(Cost
$59,973,285) |
|
59,971,985 |
Total
Investments — 101.9%
(Cost
$2,216,401,543) |
|
2,214,964,980 |
Liabilities
in Excess of Other Assets —
(1.9)% |
|
(41,926,481
) |
NET
ASSETS — 100.0% |
|
2,173,038,499 |
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, 2023. The total value of securities on
loan
at October 31, 2023 is $44,049,242. |
|
114
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
(b) |
Investment
in affiliate. This security is included in an
index
which the Fund, as an index fund, tracks. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2023. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
500 E-Mini Index |
80 |
12/15/2023 |
USD |
16,847,000 |
(937,765
) |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
115
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 98.7% | ||
Aerospace
& Defense — 1.7% | ||
Axon
Enterprise, Inc. * |
35,826 |
7,326,059 |
BWX
Technologies, Inc. |
46,646 |
3,464,865 |
Curtiss-Wright
Corp. |
19,509 |
3,878,584 |
Hexcel
Corp. |
43,058 |
2,666,151 |
Leonardo
DRS, Inc. * |
26,730 |
509,741 |
Parsons
Corp. * |
20,846 |
1,178,841 |
Spirit
AeroSystems Holdings, Inc., Class A *
(a) |
53,661 |
1,212,739 |
Woodward,
Inc. |
30,813 |
3,842,381 |
|
|
24,079,361 |
Air
Freight & Logistics — 0.2% | ||
GXO
Logistics, Inc. * |
60,628 |
3,062,320 |
Automobile
Components — 1.0% | ||
Adient
plc * |
47,748 |
1,608,630 |
Autoliv,
Inc. (Sweden) |
38,750 |
3,551,437 |
Fox
Factory Holding Corp. * |
21,595 |
1,759,345 |
Gentex
Corp. |
118,989 |
3,412,605 |
Goodyear
Tire & Rubber Co. (The) * |
144,536 |
1,719,978 |
Visteon
Corp. * |
14,374 |
1,654,879 |
|
|
13,706,874 |
Automobiles
— 0.3% | ||
Harley-Davidson,
Inc. |
65,748 |
1,765,334 |
Thor
Industries, Inc. (a) |
27,172 |
2,389,234 |
|
|
4,154,568 |
Banks
— 4.7% | ||
Bank
OZK (a) |
53,630 |
1,920,490 |
BOK
Financial Corp. |
14,216 |
931,432 |
Cadence
Bank |
93,103 |
1,971,922 |
Comerica,
Inc. |
67,166 |
2,646,340 |
Commerce
Bancshares, Inc. |
57,864 |
2,537,915 |
Cullen/Frost
Bankers, Inc. |
32,688 |
2,974,281 |
First
Citizens BancShares, Inc., Class A |
6,077 |
8,390,757 |
First
Financial Bankshares, Inc. (a) |
65,483 |
1,574,866 |
First
Horizon Corp. |
284,838 |
3,062,009 |
FNB
Corp. |
182,937 |
1,955,597 |
Glacier
Bancorp, Inc. (a) |
56,525 |
1,706,490 |
Hancock
Whitney Corp. |
43,902 |
1,511,546 |
Home
BancShares, Inc. (a) |
96,061 |
1,964,447 |
New
York Community Bancorp, Inc. |
368,335 |
3,491,816 |
Old
National Bancorp |
149,150 |
2,043,355 |
Pinnacle
Financial Partners, Inc. |
39,126 |
2,439,897 |
Popular,
Inc. (Puerto Rico) |
36,764 |
2,391,131 |
Prosperity
Bancshares, Inc. |
47,779 |
2,605,867 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— continued | ||
SouthState
Corp. |
38,760 |
2,562,036 |
Synovus
Financial Corp. |
74,532 |
1,943,049 |
UMB
Financial Corp. |
22,263 |
1,396,335 |
United
Bankshares, Inc. |
68,776 |
1,955,989 |
Valley
National Bancorp |
217,386 |
1,691,263 |
Webster
Financial Corp. |
88,328 |
3,353,814 |
Western
Alliance Bancorp |
55,821 |
2,294,243 |
Wintrust
Financial Corp. |
31,199 |
2,330,253 |
Zions
Bancorp NA |
75,530 |
2,330,101 |
|
|
65,977,241 |
Beverages
— 0.5% | ||
Boston
Beer Co., Inc. (The), Class A * |
4,817 |
1,608,637 |
Celsius
Holdings, Inc. * |
25,069 |
3,812,744 |
Coca-Cola
Consolidated, Inc. |
2,389 |
1,520,384 |
National
Beverage Corp. * |
11,900 |
551,922 |
|
|
7,493,687 |
Biotechnology
— 3.3% | ||
ACADIA
Pharmaceuticals, Inc. * |
60,913 |
1,374,806 |
Alkermes
plc * |
84,925 |
2,054,336 |
Amicus
Therapeutics, Inc. * |
130,288 |
1,429,259 |
Apellis
Pharmaceuticals, Inc. *
(a) |
51,626 |
2,512,121 |
Arrowhead
Pharmaceuticals, Inc. * |
54,661 |
1,344,114 |
Blueprint
Medicines Corp. * |
30,933 |
1,820,716 |
Cerevel
Therapeutics Holdings, Inc. *
(a) |
40,417 |
955,862 |
CRISPR
Therapeutics AG (Switzerland) *
(a) |
40,490 |
1,576,276 |
Cytokinetics,
Inc. *
(a) |
48,923 |
1,705,456 |
Denali
Therapeutics, Inc. * |
63,045 |
1,187,137 |
Exelixis,
Inc. * |
162,317 |
3,342,107 |
Halozyme
Therapeutics, Inc. * |
67,236 |
2,277,283 |
Intellia
Therapeutics, Inc. * |
45,126 |
1,130,406 |
Ionis
Pharmaceuticals, Inc. *
(a) |
73,077 |
3,235,119 |
Karuna
Therapeutics, Inc. *
(a) |
18,246 |
3,039,966 |
Madrigal
Pharmaceuticals, Inc. *
(a) |
7,843 |
1,030,413 |
Natera,
Inc. * |
54,920 |
2,167,692 |
PTC
Therapeutics, Inc. * |
38,402 |
720,038 |
Roivant
Sciences Ltd. * |
164,532 |
1,421,557 |
Sarepta
Therapeutics, Inc. * |
47,564 |
3,201,533 |
TG
Therapeutics, Inc. *
(a) |
72,356 |
559,312 |
Ultragenyx
Pharmaceutical, Inc. * |
36,454 |
1,290,472 |
United
Therapeutics Corp. * |
23,925 |
5,331,926 |
Vaxcyte,
Inc. *
(a) |
43,549 |
2,094,707 |
Vir
Biotechnology, Inc. * |
43,802 |
347,350 |
|
|
47,149,964 |
116
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Broadline
Retail — 0.3% | ||
Dillard's,
Inc., Class A |
1,775 |
551,049 |
Macy's,
Inc. |
138,918 |
1,692,021 |
Ollie's
Bargain Outlet Holdings, Inc. * |
31,521 |
2,434,682 |
|
|
4,677,752 |
Building
Products — 2.7% | ||
A
O Smith Corp. |
63,525 |
4,431,504 |
AAON,
Inc. |
34,518 |
1,880,541 |
Advanced
Drainage Systems, Inc. |
35,291 |
3,770,137 |
Armstrong
World Industries, Inc. |
22,812 |
1,731,203 |
AZEK
Co., Inc. (The) * |
76,158 |
1,995,339 |
Builders
FirstSource, Inc. * |
63,742 |
6,917,282 |
Carlisle
Cos., Inc. |
25,450 |
6,466,590 |
Simpson
Manufacturing Co., Inc. |
21,743 |
2,895,733 |
Trex
Co., Inc. * |
55,327 |
3,109,931 |
UFP
Industries, Inc. |
31,553 |
3,002,899 |
Zurn
Elkay Water Solutions Corp. |
72,306 |
1,913,217 |
|
|
38,114,376 |
Capital
Markets — 3.1% | ||
Affiliated
Managers Group, Inc. |
17,851 |
2,191,389 |
Ares
Management Corp. |
84,147 |
8,296,053 |
Blue
Owl Capital, Inc. (a) |
206,243 |
2,542,976 |
Cohen
& Steers, Inc. |
13,011 |
679,695 |
Evercore,
Inc., Class A |
17,759 |
2,311,867 |
Federated
Hermes, Inc. |
44,989 |
1,426,151 |
Freedom
Holding Corp. (Kazakhstan) *
(a) |
8,527 |
699,555 |
Houlihan
Lokey, Inc. |
26,222 |
2,635,835 |
Interactive
Brokers Group, Inc., Class A |
54,516 |
4,365,096 |
Janus
Henderson Group plc |
67,568 |
1,558,794 |
Jefferies
Financial Group, Inc. |
90,093 |
2,899,193 |
Morningstar,
Inc. |
13,277 |
3,362,267 |
Robinhood
Markets, Inc., Class A * |
279,863 |
2,557,948 |
Stifel
Financial Corp. |
53,253 |
3,035,421 |
Tradeweb
Markets, Inc., Class A |
58,431 |
5,259,374 |
|
|
43,821,614 |
Chemicals
— 2.3% | ||
Ashland,
Inc. |
26,130 |
2,002,342 |
Avient
Corp. |
46,422 |
1,467,864 |
Axalta
Coating Systems Ltd. * |
113,026 |
2,964,672 |
Balchem
Corp. |
16,449 |
1,912,032 |
Cabot
Corp. |
28,524 |
1,896,275 |
Chemours
Co. (The) |
75,497 |
1,820,233 |
Element
Solutions, Inc. |
113,254 |
2,064,620 |
HB
Fuller Co. |
27,445 |
1,815,487 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chemicals
— continued | ||
Huntsman
Corp. |
84,346 |
1,967,792 |
Livent
Corp. *
(a) |
91,617 |
1,336,692 |
NewMarket
Corp. |
3,504 |
1,689,454 |
Olin
Corp. |
64,163 |
2,741,043 |
Quaker
Chemical Corp. (a) |
7,069 |
1,015,957 |
RPM
International, Inc. |
65,805 |
6,006,022 |
Scotts
Miracle-Gro Co. (The) (a) |
21,200 |
942,128 |
Sensient
Technologies Corp. |
21,537 |
1,215,117 |
|
|
32,857,730 |
Commercial
Services & Supplies — 1.1% | ||
Casella
Waste Systems, Inc., Class A * |
29,028 |
2,190,163 |
Clean
Harbors, Inc. * |
25,665 |
3,943,941 |
Driven
Brands Holdings, Inc. * |
31,613 |
359,756 |
MSA
Safety, Inc. |
18,846 |
2,975,406 |
Stericycle,
Inc. * |
47,159 |
1,944,837 |
Tetra
Tech, Inc. |
27,142 |
4,095,999 |
|
|
15,510,102 |
Communications
Equipment — 0.4% | ||
Calix,
Inc. * |
30,099 |
996,879 |
Ciena
Corp. * |
76,225 |
3,216,695 |
Lumentum
Holdings, Inc. *
(a) |
35,024 |
1,373,291 |
|
|
5,586,865 |
Construction
& Engineering — 2.2% | ||
AECOM |
70,730 |
5,414,382 |
API
Group Corp. * |
104,565 |
2,705,097 |
Arcosa,
Inc. |
24,851 |
1,716,459 |
Comfort
Systems USA, Inc. |
18,239 |
3,316,762 |
EMCOR
Group, Inc. |
24,023 |
4,964,353 |
Fluor
Corp. * |
73,097 |
2,433,399 |
MasTec,
Inc. * |
30,826 |
1,832,297 |
MDU
Resources Group, Inc. |
103,801 |
1,931,737 |
Valmont
Industries, Inc. |
10,696 |
2,106,149 |
WillScot
Mobile Mini Holdings Corp. * |
100,574 |
3,963,621 |
|
|
30,384,256 |
Construction
Materials — 0.3% | ||
Eagle
Materials, Inc. (a) |
18,075 |
2,781,923 |
Summit
Materials, Inc., Class A * |
60,625 |
1,994,563 |
|
|
4,776,486 |
Consumer
Finance — 0.8% | ||
Credit
Acceptance Corp. *
(a) |
3,264 |
1,313,532 |
FirstCash
Holdings, Inc. |
18,869 |
2,055,211 |
OneMain
Holdings, Inc. |
61,386 |
2,205,599 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
117
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Consumer
Finance — continued | ||
SLM
Corp. |
115,266 |
1,498,458 |
SoFi
Technologies, Inc. *
(a) |
484,358 |
3,656,903 |
|
|
10,729,703 |
Consumer
Staples Distribution & Retail — 1.5% | ||
BJ's
Wholesale Club Holdings, Inc. * |
68,500 |
4,666,220 |
Casey's
General Stores, Inc. |
19,064 |
5,183,692 |
Performance
Food Group Co. * |
79,604 |
4,597,927 |
Sprouts
Farmers Market, Inc. *
(a) |
51,991 |
2,184,662 |
US
Foods Holding Corp. * |
115,786 |
4,508,707 |
|
|
21,141,208 |
Containers
& Packaging — 1.4% | ||
AptarGroup,
Inc. |
33,461 |
4,091,276 |
Berry
Global Group, Inc. |
60,222 |
3,312,210 |
Graphic
Packaging Holding Co. |
156,628 |
3,369,068 |
Greif,
Inc., Class A |
12,975 |
823,912 |
Greif,
Inc., Class B |
2,600 |
166,556 |
O-I
Glass, Inc. * |
79,040 |
1,221,168 |
Sealed
Air Corp. |
73,592 |
2,265,898 |
Silgan
Holdings, Inc. |
42,580 |
1,705,755 |
Sonoco
Products Co. |
49,949 |
2,587,858 |
|
|
19,543,701 |
Diversified
Consumer Services — 1.0% | ||
ADT,
Inc. |
114,842 |
650,006 |
Bright
Horizons Family Solutions, Inc. *
(a) |
29,472 |
2,182,696 |
Duolingo,
Inc. * |
18,047 |
2,635,764 |
Grand
Canyon Education, Inc. * |
15,199 |
1,798,498 |
H&R
Block, Inc. |
77,616 |
3,186,137 |
Service
Corp. International |
76,922 |
4,186,095 |
|
|
14,639,196 |
Diversified
REITs — 0.1% | ||
Essential
Properties Realty Trust, Inc. (a) |
79,538 |
1,745,859 |
Diversified
Telecommunication Services — 0.4% | ||
Cogent
Communications Holdings, Inc. |
22,185 |
1,441,581 |
Frontier
Communications Parent, Inc. *
(a) |
112,774 |
2,020,910 |
Iridium
Communications, Inc. |
63,749 |
2,361,901 |
|
|
5,824,392 |
Electric
Utilities — 1.0% | ||
ALLETE,
Inc. |
29,271 |
1,567,169 |
Hawaiian
Electric Industries, Inc. (a) |
55,874 |
725,245 |
IDACORP,
Inc. |
25,789 |
2,442,476 |
OGE
Energy Corp. |
102,098 |
3,491,752 |
Otter
Tail Corp. (a) |
21,275 |
1,636,898 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — continued | ||
PNM
Resources, Inc. (a) |
43,760 |
1,849,298 |
Portland
General Electric Co. |
51,549 |
2,062,991 |
|
|
13,775,829 |
Electrical
Equipment — 2.4% | ||
Acuity
Brands, Inc. |
15,903 |
2,575,809 |
Array
Technologies, Inc. *
(a) |
72,398 |
1,254,657 |
Atkore,
Inc. * |
19,260 |
2,393,633 |
Bloom
Energy Corp., Class A *
(a) |
106,761 |
1,110,314 |
ChargePoint
Holdings, Inc. *
(a) |
151,300 |
384,302 |
EnerSys |
20,912 |
1,789,649 |
Generac
Holdings, Inc. * |
31,737 |
2,668,130 |
nVent
Electric plc |
84,507 |
4,067,322 |
Plug
Power, Inc. *
(a) |
276,202 |
1,626,830 |
Regal
Rexnord Corp. |
33,789 |
4,000,955 |
Sensata
Technologies Holding plc |
77,720 |
2,477,714 |
Shoals
Technologies Group, Inc., Class A * |
86,643 |
1,330,836 |
Sunrun,
Inc. *
(a) |
110,718 |
1,068,429 |
Vertiv
Holdings Co. |
178,469 |
7,008,478 |
|
|
33,757,058 |
Electronic
Equipment, Instruments & Components — 2.8% | ||
Advanced
Energy Industries, Inc. |
19,191 |
1,674,607 |
Arrow
Electronics, Inc. * |
28,390 |
3,219,710 |
Avnet,
Inc. |
46,576 |
2,157,866 |
Badger
Meter, Inc. |
14,955 |
2,072,015 |
Belden,
Inc. |
21,560 |
1,528,604 |
Coherent
Corp. * |
66,330 |
1,963,368 |
Fabrinet
(Thailand) * |
18,495 |
2,866,725 |
Insight
Enterprises, Inc. * |
15,402 |
2,207,107 |
IPG
Photonics Corp. * |
15,209 |
1,306,453 |
Jabil,
Inc. (a) |
66,731 |
8,194,567 |
Littelfuse,
Inc. |
12,692 |
2,749,976 |
Novanta,
Inc. *
(a) |
18,258 |
2,411,151 |
Rogers
Corp. * |
8,552 |
1,050,955 |
Sanmina
Corp. * |
29,188 |
1,484,794 |
TD
SYNNEX Corp. |
24,390 |
2,236,075 |
Vontier
Corp. |
78,883 |
2,331,781 |
|
|
39,455,754 |
Energy
Equipment & Services — 1.2% | ||
ChampionX
Corp. |
100,223 |
3,086,868 |
Helmerich
& Payne, Inc. |
50,701 |
2,006,239 |
NOV,
Inc. |
200,744 |
4,006,850 |
Transocean
Ltd. *
(a) |
343,943 |
2,276,903 |
118
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Energy
Equipment & Services — continued | ||
Valaris
Ltd. * |
32,448 |
2,142,866 |
Weatherford
International plc * |
36,739 |
3,420,033 |
|
|
16,939,759 |
Entertainment
— 0.9% | ||
Endeavor
Group Holdings, Inc., Class A |
96,026 |
2,185,552 |
Madison
Square Garden Sports Corp. * |
8,502 |
1,429,526 |
Playtika
Holding Corp. * |
35,515 |
298,326 |
Roku,
Inc. *
(a) |
63,244 |
3,767,445 |
TKO
Group Holdings, Inc. (a) |
26,726 |
2,190,997 |
Warner
Music Group Corp., Class A (a) |
70,543 |
2,207,996 |
|
|
12,079,842 |
Financial
Services — 1.8% | ||
Enact
Holdings, Inc. |
15,480 |
426,629 |
Essent
Group Ltd. |
54,524 |
2,575,714 |
Euronet
Worldwide, Inc. * |
24,043 |
1,847,464 |
Flywire
Corp. * |
53,658 |
1,442,864 |
Jackson
Financial, Inc., Class A |
37,177 |
1,364,768 |
MGIC
Investment Corp. |
143,937 |
2,423,899 |
Mr.
Cooper Group, Inc. * |
34,087 |
1,926,938 |
PennyMac
Financial Services, Inc. |
14,728 |
989,721 |
Radian
Group, Inc. |
80,264 |
2,033,890 |
Shift4
Payments, Inc., Class A *
(a) |
28,781 |
1,281,330 |
TFS
Financial Corp. |
25,713 |
304,956 |
Toast,
Inc., Class A *
(a) |
184,334 |
2,947,501 |
Western
Union Co. (The) |
190,946 |
2,155,780 |
WEX,
Inc. * |
21,879 |
3,642,416 |
|
|
25,363,870 |
Food
Products — 1.5% | ||
Darling
Ingredients, Inc. * |
81,305 |
3,600,998 |
Flowers
Foods, Inc. |
98,031 |
2,149,820 |
Freshpet,
Inc. *
(a) |
24,576 |
1,410,662 |
Hostess
Brands, Inc. * |
67,730 |
2,262,182 |
Ingredion,
Inc. |
33,705 |
3,154,114 |
J
& J Snack Foods Corp. |
7,872 |
1,232,834 |
Lancaster
Colony Corp. |
10,381 |
1,756,154 |
Pilgrim's
Pride Corp. * |
20,530 |
523,515 |
Post
Holdings, Inc. * |
25,884 |
2,077,968 |
Seaboard
Corp. |
107 |
375,244 |
Simply
Good Foods Co. (The) *
(a) |
46,183 |
1,722,164 |
TreeHouse
Foods, Inc. * |
26,161 |
1,090,652 |
|
|
21,356,307 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Gas
Utilities — 0.8% | ||
National
Fuel Gas Co. |
46,817 |
2,385,326 |
New
Jersey Resources Corp. |
49,720 |
2,017,638 |
ONE
Gas, Inc. |
28,249 |
1,706,240 |
Southwest
Gas Holdings, Inc. |
30,593 |
1,793,056 |
Spire,
Inc. |
26,829 |
1,492,497 |
UGI
Corp. |
106,788 |
2,221,190 |
|
|
11,615,947 |
Ground
Transportation — 1.8% | ||
Avis
Budget Group, Inc. * |
10,085 |
1,641,838 |
Hertz
Global Holdings, Inc. *
(a) |
68,244 |
575,297 |
Knight-Swift
Transportation Holdings, Inc. |
82,218 |
4,019,638 |
Landstar
System, Inc. |
18,325 |
3,019,593 |
Lyft,
Inc., Class A *
(a) |
173,282 |
1,588,996 |
Ryder
System, Inc. |
23,204 |
2,263,318 |
Saia,
Inc. * |
13,528 |
4,849,653 |
U-Haul
Holding Co. *
(a) |
4,893 |
240,344 |
U-Haul
Holding Co. |
50,370 |
2,377,968 |
XPO,
Inc. * |
59,111 |
4,481,205 |
|
|
25,057,850 |
Health
Care Equipment & Supplies — 2.5% | ||
CONMED
Corp. |
15,683 |
1,528,465 |
Enovis
Corp. * |
25,310 |
1,161,729 |
Envista
Holdings Corp. * |
83,522 |
1,943,557 |
Globus
Medical, Inc., Class A * |
59,829 |
2,734,784 |
Haemonetics
Corp. * |
25,836 |
2,202,002 |
ICU
Medical, Inc. * |
10,337 |
1,013,646 |
Inari
Medical, Inc. * |
26,034 |
1,580,524 |
Inspire
Medical Systems, Inc. * |
14,964 |
2,202,102 |
Integra
LifeSciences Holdings Corp. * |
36,092 |
1,297,868 |
iRhythm
Technologies, Inc. * |
15,604 |
1,225,226 |
Lantheus
Holdings, Inc. * |
34,893 |
2,254,088 |
Masimo
Corp. *
(a) |
22,603 |
1,833,781 |
Merit
Medical Systems, Inc. * |
29,386 |
2,019,994 |
Neogen
Corp. * |
100,321 |
1,493,780 |
Novocure
Ltd. * |
49,457 |
657,778 |
Penumbra,
Inc. * |
19,610 |
3,748,452 |
QuidelOrtho
Corp. * |
25,210 |
1,539,827 |
Shockwave
Medical, Inc. *
(a) |
18,716 |
3,860,362 |
STAAR
Surgical Co. * |
24,723 |
1,033,916 |
|
|
35,331,881 |
Health
Care Providers & Services — 2.2% | ||
Acadia
Healthcare Co., Inc. * |
46,989 |
3,454,161 |
AMN
Healthcare Services, Inc. * |
19,354 |
1,468,195 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
119
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Providers & Services — continued | ||
Chemed
Corp. |
7,699 |
4,331,842 |
CorVel
Corp. * |
4,631 |
898,136 |
Encompass
Health Corp. |
51,092 |
3,196,316 |
Ensign
Group, Inc. (The) |
28,652 |
2,767,783 |
HealthEquity,
Inc. * |
43,584 |
3,124,101 |
LifeStance
Health Group, Inc. *
(a) |
46,247 |
269,620 |
Option
Care Health, Inc. * |
91,695 |
2,542,702 |
Premier,
Inc., Class A |
60,697 |
1,166,596 |
Privia
Health Group, Inc. *
(a) |
52,040 |
1,093,881 |
Progyny,
Inc. * |
42,310 |
1,305,687 |
R1
RCM, Inc. * |
100,383 |
1,183,516 |
Select
Medical Holdings Corp. |
53,160 |
1,208,327 |
Surgery
Partners, Inc. * |
33,530 |
775,549 |
Tenet
Healthcare Corp. * |
51,762 |
2,779,619 |
|
|
31,566,031 |
Health
Care REITs — 0.5% | ||
Medical
Properties Trust, Inc. (a) |
305,061 |
1,458,192 |
Omega
Healthcare Investors, Inc. (a) |
124,844 |
4,132,336 |
Physicians
Realty Trust |
121,576 |
1,320,315 |
|
|
6,910,843 |
Health
Care Technology — 0.3% | ||
Certara,
Inc. * |
54,591 |
665,464 |
Doximity,
Inc., Class A *
(a) |
63,974 |
1,306,989 |
Evolent
Health, Inc., Class A * |
56,929 |
1,390,775 |
Teladoc
Health, Inc. *
(a) |
84,107 |
1,391,130 |
|
|
4,754,358 |
Hotel
& Resort REITs — 0.3% | ||
Apple
Hospitality REIT, Inc. (a) |
108,468 |
1,700,778 |
Ryman
Hospitality Properties, Inc. |
30,430 |
2,604,808 |
|
|
4,305,586 |
Hotels,
Restaurants & Leisure — 3.0% | ||
Boyd
Gaming Corp. |
36,183 |
1,999,111 |
Choice
Hotels International, Inc. (a) |
12,837 |
1,418,489 |
Churchill
Downs, Inc. |
34,747 |
3,816,610 |
DraftKings,
Inc., Class A * |
236,533 |
6,533,041 |
Hilton
Grand Vacations, Inc. * |
37,009 |
1,330,474 |
Hyatt
Hotels Corp., Class A (a) |
23,394 |
2,396,481 |
Life
Time Group Holdings, Inc. * |
30,004 |
354,647 |
Light
& Wonder, Inc. * |
46,440 |
3,395,228 |
Marriott
Vacations Worldwide Corp. (a) |
17,301 |
1,554,668 |
Norwegian
Cruise Line Holdings Ltd. *
(a) |
216,868 |
2,949,405 |
Penn
Entertainment, Inc. * |
77,010 |
1,519,407 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hotels,
Restaurants & Leisure — continued | ||
Planet
Fitness, Inc., Class A * |
43,104 |
2,382,358 |
SeaWorld
Entertainment, Inc. * |
18,265 |
786,856 |
Texas
Roadhouse, Inc. |
34,038 |
3,456,219 |
Travel
+ Leisure Co. |
37,674 |
1,282,046 |
Wendy's
Co. (The) |
86,440 |
1,644,089 |
Wingstop,
Inc. |
15,276 |
2,791,995 |
Wyndham
Hotels & Resorts, Inc. |
42,956 |
3,110,014 |
|
|
42,721,138 |
Household
Durables — 1.9% | ||
Installed
Building Products, Inc. |
12,018 |
1,342,050 |
KB
Home |
39,626 |
1,751,469 |
Leggett
& Platt, Inc. |
67,892 |
1,590,710 |
MDC
Holdings, Inc. |
30,396 |
1,153,528 |
Meritage
Homes Corp. |
18,723 |
2,134,796 |
Mohawk
Industries, Inc. * |
26,952 |
2,166,402 |
Newell
Brands, Inc. |
194,268 |
1,305,481 |
Skyline
Champion Corp. * |
27,087 |
1,588,111 |
Taylor
Morrison Home Corp. * |
55,794 |
2,138,026 |
Tempur
Sealy International, Inc. |
87,758 |
3,504,177 |
Toll
Brothers, Inc. |
55,742 |
3,941,517 |
TopBuild
Corp. * |
16,177 |
3,700,650 |
|
|
26,316,917 |
Household
Products — 0.1% | ||
Reynolds
Consumer Products, Inc. |
27,838 |
707,920 |
Independent
Power and Renewable Electricity Producers — 0.2% | ||
Clearway
Energy, Inc. |
17,640 |
359,327 |
Clearway
Energy, Inc., Class C |
42,010 |
912,037 |
Ormat
Technologies, Inc. (a) |
27,329 |
1,681,827 |
|
|
2,953,191 |
Industrial
REITs — 1.4% | ||
Americold
Realty Trust, Inc. |
129,523 |
3,396,093 |
EastGroup
Properties, Inc. |
23,142 |
3,777,931 |
First
Industrial Realty Trust, Inc. |
67,435 |
2,852,501 |
Rexford
Industrial Realty, Inc. |
105,238 |
4,550,491 |
STAG
Industrial, Inc. |
91,592 |
3,042,686 |
Terreno
Realty Corp. |
42,788 |
2,279,745 |
|
|
19,899,447 |
Insurance
— 3.9% | ||
American
Equity Investment Life Holding
Co. |
31,549 |
1,670,835 |
Assurant,
Inc. (a) |
27,033 |
4,025,214 |
Assured
Guaranty Ltd. |
28,381 |
1,770,974 |
120
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Insurance
— continued | ||
Axis
Capital Holdings Ltd. |
39,549 |
2,258,248 |
Brighthouse
Financial, Inc. * |
33,395 |
1,512,794 |
Enstar
Group Ltd. * |
6,764 |
1,602,865 |
Erie
Indemnity Co., Class A |
12,717 |
3,512,308 |
First
American Financial Corp. |
52,553 |
2,703,326 |
Hanover
Insurance Group, Inc. (The) |
18,231 |
2,136,856 |
Kemper
Corp. |
30,713 |
1,224,834 |
Kinsale
Capital Group, Inc. |
11,214 |
3,744,467 |
Lincoln
National Corp. (a) |
86,496 |
1,883,018 |
Old
Republic International Corp. |
134,936 |
3,694,548 |
Primerica,
Inc. |
18,238 |
3,486,376 |
RenaissanceRe
Holdings Ltd. (Bermuda) |
26,101 |
5,731,519 |
RLI
Corp. |
20,467 |
2,727,023 |
Ryan
Specialty Holdings, Inc. *
(a) |
51,052 |
2,205,446 |
Selective
Insurance Group, Inc. |
30,885 |
3,215,437 |
Unum
Group |
93,756 |
4,584,668 |
White
Mountains Insurance Group Ltd. |
1,300 |
1,859,975 |
|
|
55,550,731 |
Interactive
Media & Services — 0.2% | ||
IAC,
Inc. * |
35,522 |
1,511,461 |
Ziff
Davis, Inc. * |
23,706 |
1,433,265 |
|
|
2,944,726 |
IT
Services — 0.3% | ||
DigitalOcean
Holdings, Inc. *
(a) |
26,740 |
547,100 |
DXC
Technology Co. * |
104,585 |
2,109,480 |
Kyndryl
Holdings, Inc. * |
116,706 |
1,707,409 |
|
|
4,363,989 |
Leisure
Products — 0.8% | ||
Acushnet
Holdings Corp. (a) |
15,620 |
795,995 |
Brunswick
Corp. |
35,612 |
2,473,966 |
Mattel,
Inc. * |
180,550 |
3,444,894 |
Polaris,
Inc. (a) |
27,162 |
2,347,340 |
Topgolf
Callaway Brands Corp. *
(a) |
72,839 |
890,093 |
YETI
Holdings, Inc. * |
44,235 |
1,880,872 |
|
|
11,833,160 |
Life
Sciences Tools & Services — 0.9% | ||
10X
Genomics, Inc., Class A * |
52,687 |
1,858,797 |
Azenta,
Inc. *
(a) |
30,648 |
1,392,952 |
Bruker
Corp. (a) |
50,160 |
2,859,120 |
Medpace
Holdings, Inc. * |
11,846 |
2,874,669 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Life
Sciences Tools & Services — continued | ||
Repligen
Corp. *
(a) |
26,427 |
3,556,017 |
Sotera
Health Co. *
(a) |
50,415 |
638,254 |
|
|
13,179,809 |
Machinery
— 4.9% | ||
AGCO
Corp. |
31,692 |
3,633,805 |
Allison
Transmission Holdings, Inc. |
45,633 |
2,300,816 |
Chart
Industries, Inc. *
(a) |
21,403 |
2,487,671 |
Crane
Co. |
24,881 |
2,421,668 |
Donaldson
Co., Inc. |
61,823 |
3,564,714 |
Esab
Corp. |
28,867 |
1,827,281 |
Federal
Signal Corp. |
31,092 |
1,804,580 |
Flowserve
Corp. |
66,889 |
2,456,164 |
Franklin
Electric Co., Inc. |
20,265 |
1,757,381 |
Gates
Industrial Corp. plc * |
67,333 |
735,276 |
Graco,
Inc. |
86,146 |
6,404,955 |
Hillenbrand,
Inc. |
35,652 |
1,355,846 |
ITT,
Inc. |
41,871 |
3,908,658 |
John
Bean Technologies Corp. |
16,217 |
1,686,892 |
Lincoln
Electric Holdings, Inc. |
29,278 |
5,117,794 |
Middleby
Corp. (The) * |
27,315 |
3,083,044 |
Mueller
Industries, Inc. (a) |
57,891 |
2,183,070 |
Nordson
Corp. |
27,614 |
5,870,460 |
Oshkosh
Corp. |
33,298 |
2,921,233 |
RBC
Bearings, Inc. * |
14,827 |
3,259,568 |
Terex
Corp. |
34,355 |
1,573,459 |
Timken
Co. (The) |
33,325 |
2,303,424 |
Toro
Co. (The) |
52,952 |
4,280,640 |
Watts
Water Technologies, Inc., Class A |
13,940 |
2,411,759 |
|
|
69,350,158 |
Marine
Transportation — 0.2% | ||
Kirby
Corp. * |
30,330 |
2,265,651 |
Media
— 0.6% | ||
Cable
One, Inc. |
2,325 |
1,278,448 |
New
York Times Co. (The), Class A |
83,393 |
3,361,572 |
Nexstar
Media Group, Inc. (a) |
16,979 |
2,378,418 |
TEGNA,
Inc. |
102,735 |
1,490,685 |
|
|
8,509,123 |
Metals
& Mining — 2.1% | ||
Alcoa
Corp. |
90,965 |
2,332,343 |
ATI,
Inc. * |
65,541 |
2,475,484 |
Cleveland-Cliffs,
Inc. * |
259,339 |
4,351,708 |
Commercial
Metals Co. |
59,546 |
2,518,200 |
Hecla
Mining Co. |
292,706 |
1,191,313 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
121
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Metals
& Mining — continued | ||
MP
Materials Corp. *
(a) |
73,353 |
1,202,989 |
Reliance
Steel & Aluminum Co. |
29,834 |
7,589,173 |
Royal
Gold, Inc. |
33,486 |
3,493,594 |
United
States Steel Corp. (a) |
113,677 |
3,852,514 |
Worthington
Industries, Inc. |
15,512 |
955,850 |
|
|
29,963,168 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.7% | ||
AGNC
Investment Corp. (a) |
308,977 |
2,280,250 |
Blackstone
Mortgage Trust, Inc., Class A (a) |
87,833 |
1,752,268 |
Rithm
Capital Corp. |
246,381 |
2,298,735 |
Starwood
Property Trust, Inc. (a) |
151,473 |
2,688,646 |
|
|
9,019,899 |
Multi-Utilities
— 0.3% | ||
Avista
Corp. |
39,013 |
1,236,322 |
Black
Hills Corp. |
34,214 |
1,654,247 |
Northwestern
Energy Group, Inc. |
30,593 |
1,468,770 |
|
|
4,359,339 |
Office
REITs — 0.2% | ||
Cousins
Properties, Inc. |
77,368 |
1,382,566 |
Kilroy
Realty Corp. |
54,351 |
1,553,352 |
|
|
2,935,918 |
Oil,
Gas & Consumable Fuels — 4.4% | ||
Antero
Midstream Corp. |
173,622 |
2,142,495 |
Antero
Resources Corp. *
(a) |
143,956 |
4,238,065 |
California
Resources Corp. |
33,029 |
1,736,995 |
Chesapeake
Energy Corp. (a) |
57,353 |
4,936,946 |
Chord
Energy Corp. |
21,188 |
3,502,800 |
Civitas
Resources, Inc. |
43,511 |
3,282,035 |
Comstock
Resources, Inc. (a) |
46,856 |
590,386 |
Denbury,
Inc. * |
25,965 |
2,308,029 |
DT
Midstream, Inc. |
49,399 |
2,666,064 |
HF
Sinclair Corp. |
74,146 |
4,106,205 |
Magnolia
Oil & Gas Corp., Class A (a) |
95,782 |
2,150,306 |
Matador
Resources Co. |
56,492 |
3,484,991 |
Murphy
Oil Corp. |
75,628 |
3,393,428 |
New
Fortress Energy, Inc. (a) |
33,443 |
1,013,323 |
Ovintiv,
Inc. |
129,350 |
6,208,800 |
PBF
Energy, Inc., Class A |
56,062 |
2,664,627 |
Peabody
Energy Corp. |
56,854 |
1,341,186 |
Permian
Resources Corp. (a) |
141,555 |
2,062,456 |
Range
Resources Corp. (a) |
123,059 |
4,410,435 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Oil,
Gas & Consumable Fuels — continued | ||
SM
Energy Co. |
60,497 |
2,439,239 |
Southwestern
Energy Co. * |
561,520 |
4,003,638 |
|
|
62,682,449 |
Paper
& Forest Products — 0.1% | ||
Louisiana-Pacific
Corp. |
32,713 |
1,677,523 |
Passenger
Airlines — 0.4% | ||
Alaska
Air Group, Inc. * |
64,842 |
2,050,952 |
American
Airlines Group, Inc. *
(a) |
333,073 |
3,713,764 |
|
|
5,764,716 |
Personal
Care Products — 0.6% | ||
BellRing
Brands, Inc. * |
67,006 |
2,930,173 |
Coty,
Inc., Class A *
(a) |
182,586 |
1,710,831 |
elf
Beauty, Inc. * |
27,767 |
2,572,057 |
Inter
Parfums, Inc. |
9,103 |
1,157,082 |
|
|
8,370,143 |
Pharmaceuticals
— 0.8% | ||
Axsome
Therapeutics, Inc. *
(a) |
19,736 |
1,229,158 |
Elanco
Animal Health, Inc. *
(a) |
251,151 |
2,212,640 |
Intra-Cellular
Therapies, Inc. * |
45,551 |
2,266,618 |
Organon
& Co. |
130,303 |
1,927,181 |
Perrigo
Co. plc |
69,037 |
1,908,183 |
Prestige
Consumer Healthcare, Inc. * |
25,266 |
1,499,790 |
|
|
11,043,570 |
Professional
Services — 2.9% | ||
Alight,
Inc., Class A *
(a) |
184,163 |
1,222,842 |
ASGN,
Inc. * |
24,675 |
2,059,376 |
CACI
International, Inc., Class A * |
11,638 |
3,779,557 |
Clarivate
plc *
(a) |
224,069 |
1,429,560 |
Concentrix
Corp. |
22,039 |
1,679,592 |
Dun
& Bradstreet Holdings, Inc. |
118,675 |
1,039,593 |
ExlService
Holdings, Inc. * |
84,481 |
2,205,799 |
Exponent,
Inc. |
25,939 |
1,901,069 |
FTI
Consulting, Inc. * |
17,356 |
3,683,985 |
Genpact
Ltd. |
85,049 |
2,852,543 |
Insperity,
Inc. |
18,465 |
1,954,336 |
KBR,
Inc. |
68,766 |
3,998,743 |
ManpowerGroup,
Inc. |
25,286 |
1,769,261 |
Maximus,
Inc. |
30,991 |
2,315,648 |
Paycor
HCM, Inc. *
(a) |
32,411 |
699,429 |
Robert
Half, Inc. |
54,607 |
4,082,965 |
122
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Professional
Services — continued | ||
Science
Applications International Corp. |
27,354 |
2,988,151 |
TriNet
Group, Inc. * |
15,908 |
1,634,547 |
|
|
41,296,996 |
Real
Estate Management & Development — 0.3% | ||
Howard
Hughes Holdings, Inc. * |
16,608 |
1,101,608 |
Jones
Lang LaSalle, Inc. * |
24,289 |
3,107,049 |
|
|
4,208,657 |
Residential
REITs — 0.6% | ||
American
Homes 4 Rent, Class A |
162,133 |
5,308,235 |
Apartment
Income REIT Corp. |
76,092 |
2,222,647 |
Independence
Realty Trust, Inc. |
114,419 |
1,417,651 |
|
|
8,948,533 |
Retail
REITs — 1.2% | ||
Agree
Realty Corp. |
49,092 |
2,746,206 |
Brixmor
Property Group, Inc. |
153,226 |
3,185,569 |
Kite
Realty Group Trust (a) |
111,820 |
2,384,002 |
NNN
REIT, Inc. |
93,001 |
3,378,726 |
Phillips
Edison & Co., Inc. (a) |
59,845 |
2,113,127 |
Spirit
Realty Capital, Inc. |
72,033 |
2,592,468 |
|
|
16,400,098 |
Semiconductors
& Semiconductor Equipment — 2.3% | ||
Allegro
MicroSystems, Inc. (Japan) * |
36,303 |
942,426 |
Amkor
Technology, Inc. |
52,612 |
1,097,486 |
Axcelis
Technologies, Inc. * |
16,730 |
2,133,075 |
Cirrus
Logic, Inc. * |
27,890 |
1,866,678 |
Diodes,
Inc. * |
23,312 |
1,517,145 |
Lattice
Semiconductor Corp. *
(a) |
70,260 |
3,907,158 |
MACOM
Technology Solutions Holdings,
Inc. * |
27,521 |
1,941,331 |
MKS
Instruments, Inc. |
32,033 |
2,103,287 |
Onto
Innovation, Inc. * |
24,999 |
2,809,138 |
Power
Integrations, Inc. |
29,269 |
2,029,220 |
Rambus,
Inc. * |
55,640 |
3,022,921 |
Silicon
Laboratories, Inc. * |
16,229 |
1,495,989 |
Synaptics,
Inc. * |
20,138 |
1,684,745 |
Universal
Display Corp. |
22,210 |
3,091,188 |
Wolfspeed,
Inc. *
(a) |
63,468 |
2,147,757 |
|
|
31,789,544 |
Software
— 5.1% | ||
Altair
Engineering, Inc., Class A * |
27,581 |
1,713,332 |
AppLovin
Corp., Class A * |
69,139 |
2,519,425 |
Blackbaud,
Inc. * |
21,980 |
1,437,492 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Software
— continued | ||
BlackLine,
Inc. * |
25,788 |
1,266,191 |
Box,
Inc., Class A * |
73,857 |
1,836,085 |
CCC
Intelligent Solutions Holdings, Inc. * |
103,141 |
1,110,829 |
Confluent,
Inc., Class A * |
108,046 |
3,123,610 |
Dolby
Laboratories, Inc., Class A |
30,356 |
2,457,015 |
DoubleVerify
Holdings, Inc. * |
63,992 |
1,780,897 |
Dropbox,
Inc., Class A * |
131,461 |
3,457,424 |
Elastic
NV * |
40,708 |
3,054,728 |
Envestnet,
Inc. * |
25,308 |
936,396 |
Five9,
Inc. * |
36,805 |
2,129,905 |
Guidewire
Software, Inc. * |
41,515 |
3,741,747 |
Informatica,
Inc., Class A * |
19,899 |
381,663 |
Instructure
Holdings, Inc. * |
9,543 |
235,044 |
Manhattan
Associates, Inc. * |
31,421 |
6,126,467 |
MicroStrategy,
Inc., Class A *
(a) |
6,189 |
2,620,361 |
NCR
Voyix Corp. * |
68,251 |
1,043,558 |
New
Relic, Inc. * |
27,610 |
2,392,959 |
Nutanix,
Inc., Class A * |
120,192 |
4,349,748 |
Pegasystems,
Inc. |
21,638 |
924,808 |
PowerSchool
Holdings, Inc., Class A *
(a) |
29,193 |
581,525 |
Procore
Technologies, Inc. * |
44,985 |
2,748,134 |
Qualys,
Inc. *
(a) |
18,697 |
2,859,706 |
SentinelOne,
Inc., Class A * |
121,597 |
1,900,561 |
Smartsheet,
Inc., Class A * |
68,130 |
2,693,860 |
SPS
Commerce, Inc. * |
18,668 |
2,993,227 |
Tenable
Holdings, Inc. * |
58,952 |
2,482,469 |
Teradata
Corp. * |
50,931 |
2,175,772 |
UiPath,
Inc., Class A *
(a) |
204,982 |
3,183,370 |
Workiva,
Inc. * |
24,117 |
2,100,349 |
|
|
72,358,657 |
Specialized
REITs — 1.4% | ||
CubeSmart |
114,610 |
3,907,055 |
EPR
Properties |
38,392 |
1,639,338 |
Gaming
and Leisure Properties, Inc. |
133,889 |
6,077,222 |
Lamar
Advertising Co., Class A (a) |
44,626 |
3,671,381 |
National
Storage Affiliates Trust |
42,304 |
1,206,510 |
PotlatchDeltic
Corp. (a) |
40,733 |
1,745,409 |
Rayonier,
Inc. |
69,528 |
1,754,887 |
|
|
20,001,802 |
Specialty
Retail — 3.1% | ||
Academy
Sports & Outdoors, Inc. |
38,979 |
1,747,818 |
Asbury
Automotive Group, Inc. * |
10,483 |
2,006,132 |
AutoNation,
Inc. * |
13,690 |
1,780,795 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
123
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Specialty
Retail — continued | ||
Chewy,
Inc., Class A *
(a) |
59,243 |
1,145,167 |
Dick's
Sporting Goods, Inc. |
31,940 |
3,415,983 |
Five
Below, Inc. *
(a) |
28,391 |
4,939,466 |
Floor
& Decor Holdings, Inc., Class A *
(a) |
54,259 |
4,470,942 |
Foot
Locker, Inc. (a) |
41,646 |
874,150 |
GameStop
Corp., Class A *
(a) |
136,730 |
1,882,772 |
Gap,
Inc. (The) (a) |
108,841 |
1,393,165 |
Group
1 Automotive, Inc. |
7,163 |
1,807,440 |
Lithia
Motors, Inc., Class A |
14,064 |
3,406,441 |
Murphy
USA, Inc. |
9,934 |
3,602,962 |
Penske
Automotive Group, Inc. (a) |
9,931 |
1,420,928 |
RH * |
7,881 |
1,717,743 |
Signet
Jewelers Ltd. |
23,147 |
1,616,355 |
Valvoline,
Inc. |
70,699 |
2,097,639 |
Williams-Sonoma,
Inc. |
32,736 |
4,918,257 |
|
|
44,244,155 |
Technology
Hardware, Storage & Peripherals — 0.8% | ||
Pure
Storage, Inc., Class A * |
147,371 |
4,982,614 |
Super
Micro Computer, Inc. *
(a) |
23,271 |
5,572,706 |
|
|
10,555,320 |
Textiles,
Apparel & Luxury Goods — 1.7% | ||
Capri
Holdings Ltd. * |
59,160 |
3,027,809 |
Columbia
Sportswear Co. |
17,808 |
1,314,230 |
Crocs,
Inc. * |
31,409 |
2,805,452 |
Deckers
Outdoor Corp. * |
13,333 |
7,960,601 |
PVH
Corp. |
31,968 |
2,376,821 |
Ralph
Lauren Corp. |
20,595 |
2,317,555 |
Skechers
U.S.A., Inc., Class A * |
68,500 |
3,303,070 |
Under
Armour, Inc., Class A * |
96,209 |
659,032 |
Under
Armour, Inc., Class C * |
101,942 |
655,487 |
|
|
24,420,057 |
Trading
Companies & Distributors — 1.5% | ||
Air
Lease Corp. |
52,636 |
1,822,785 |
Applied
Industrial Technologies, Inc. |
19,715 |
3,026,450 |
Beacon
Roofing Supply, Inc. * |
27,022 |
1,923,156 |
Core
& Main, Inc., Class A *
(a) |
53,607 |
1,612,499 |
GATX
Corp. |
18,059 |
1,888,610 |
Herc
Holdings, Inc. |
14,418 |
1,539,698 |
MSC
Industrial Direct Co., Inc., Class A |
24,151 |
2,288,307 |
Rush
Enterprises, Inc., Class A |
31,889 |
1,134,611 |
Rush
Enterprises, Inc., Class B |
4,645 |
187,844 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Trading
Companies & Distributors — continued | ||
SiteOne
Landscape Supply, Inc. * |
22,976 |
3,165,403 |
WESCO
International, Inc. |
22,522 |
2,887,320 |
|
|
21,476,683 |
Water
Utilities — 0.5% | ||
American
States Water Co. |
18,863 |
1,472,257 |
California
Water Service Group |
29,419 |
1,432,117 |
Essential
Utilities, Inc. |
124,065 |
4,151,215 |
|
|
7,055,589 |
Total
Common Stocks
(Cost
$1,510,077,695) |
|
1,396,416,946 |
Short-Term
Investments — 12.0% | ||
Investment
Companies — 1.0% | ||
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (b)
(c)
(Cost
$14,241,062) |
14,241,062 |
14,241,062 |
Investment
of Cash Collateral from Securities Loaned — 11.0% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (b)
(c) |
139,444,167 |
139,472,056 |
JPMorgan
U.S. Government Money Market
Fund
Class IM Shares, 5.29% (b)
(c) |
15,819,380 |
15,819,380 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$155,293,935) |
|
155,291,436 |
Total
Short-Term Investments
(Cost
$169,534,997) |
|
169,532,498 |
Total
Investments — 110.7%
(Cost
$1,679,612,692) |
|
1,565,949,444 |
Liabilities
in Excess of Other Assets —
(10.7)% |
|
(151,786,953
) |
NET
ASSETS — 100.0% |
|
1,414,162,491 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
REIT |
Real
Estate Investment Trust |
* |
Non-income
producing security.
|
(a) |
The
security or a portion of this security is on loan at October 31,
2023.
The total value of securities on loan at October 31, 2023 is
$154,016,364. |
(b) |
Investment
in an affiliated fund, which is registered under the
Investment
Company Act of 1940, as amended, and is advised by
J.P.
Morgan Investment Management Inc. |
(c) |
The
rate shown is the current yield as of October 31,
2023. |
124
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
S&P
MidCap 400 E-Mini Index |
69 |
12/15/2023 |
USD |
16,383,360 |
(1,131,962
) |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
125
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.4% | ||
Aerospace
& Defense — 1.5% | ||
AAR
Corp. * |
18,279 |
1,085,042 |
AeroVironment,
Inc. * |
14,423 |
1,653,741 |
AerSale
Corp. *
(a) |
15,529 |
237,438 |
Cadre
Holdings, Inc. |
9,926 |
278,424 |
Kaman
Corp. |
15,523 |
288,883 |
Kratos
Defense & Security Solutions, Inc. * |
70,425 |
1,200,746 |
Mercury
Systems, Inc. * |
28,166 |
1,013,413 |
Moog,
Inc., Class A |
15,794 |
1,832,894 |
Rocket
Lab USA, Inc. *
(a) |
143,331 |
606,290 |
Triumph
Group, Inc. * |
42,185 |
314,700 |
V2X,
Inc. * |
6,351 |
324,346 |
Virgin
Galactic Holdings, Inc. *
(a) |
179,710 |
265,971 |
|
|
9,101,888 |
Air
Freight & Logistics — 0.4% | ||
Air
Transport Services Group, Inc. * |
30,354 |
594,028 |
Forward
Air Corp. |
14,133 |
910,307 |
Hub
Group, Inc., Class A * |
17,275 |
1,187,656 |
|
|
2,691,991 |
Automobile
Components — 1.5% | ||
American
Axle & Manufacturing Holdings, Inc. * |
64,375 |
434,531 |
Dana,
Inc. |
70,652 |
811,085 |
Dorman
Products, Inc. * |
15,588 |
969,262 |
Gentherm,
Inc. * |
18,145 |
729,792 |
LCI
Industries (a) |
13,932 |
1,511,483 |
Luminar
Technologies, Inc. *
(a) |
143,559 |
455,082 |
Mobileye
Global, Inc., Class A (Israel) *
(a) |
41,947 |
1,496,249 |
Patrick
Industries, Inc. |
11,486 |
863,173 |
QuantumScape
Corp. *
(a) |
187,134 |
976,839 |
Standard
Motor Products, Inc. |
10,272 |
358,801 |
XPEL,
Inc. *
(b) |
11,696 |
541,525 |
|
|
9,147,822 |
Automobiles
— 0.2% | ||
Fisker,
Inc. *
(a) |
105,520 |
474,840 |
Winnebago
Industries, Inc. (a) |
16,617 |
962,955 |
|
|
1,437,795 |
Banks
— 10.0% | ||
1st
Source Corp. |
9,374 |
427,642 |
Amalgamated
Financial Corp. |
9,763 |
178,077 |
Amerant
Bancorp, Inc. |
14,822 |
270,205 |
Ameris
Bancorp |
35,746 |
1,333,326 |
Associated
Banc-Corp. |
83,000 |
1,345,430 |
Atlantic
Union Bankshares Corp. (a) |
41,255 |
1,188,557 |
Axos
Financial, Inc. * |
28,850 |
1,039,466 |
Banc
of California, Inc. |
28,818 |
323,050 |
BancFirst
Corp. |
7,974 |
646,771 |
Bancorp,
Inc. (The) * |
29,853 |
1,064,259 |
Bank
of Hawaii Corp. (a) |
21,847 |
1,079,023 |
BankUnited,
Inc. |
40,927 |
892,618 |
Banner
Corp. |
18,885 |
797,136 |
Berkshire
Hills Bancorp, Inc. |
24,205 |
474,660 |
Brookline
Bancorp, Inc. |
48,769 |
396,980 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Banks
— continued | ||
Capitol
Federal Financial, Inc. |
69,658 |
362,222 |
Cathay
General Bancorp |
39,894 |
1,352,806 |
City
Holding Co. (a) |
8,250 |
748,935 |
Columbia
Financial, Inc. * |
15,647 |
251,917 |
Community
Bank System, Inc. |
29,436 |
1,175,968 |
Community
Trust Bancorp, Inc. |
8,414 |
316,030 |
Customers
Bancorp, Inc. * |
15,492 |
622,933 |
CVB
Financial Corp. (a) |
72,803 |
1,137,183 |
Dime
Community Bancshares, Inc. |
19,218 |
353,419 |
Eagle
Bancorp, Inc. |
16,453 |
320,504 |
Eastern
Bankshares, Inc. |
86,334 |
950,537 |
Enterprise
Financial Services Corp. |
20,564 |
715,010 |
FB
Financial Corp. |
19,302 |
566,900 |
First
Bancorp (a) |
22,598 |
655,794 |
First
BanCorp (Puerto Rico) |
98,059 |
1,309,088 |
First
Busey Corp. (a) |
28,584 |
567,678 |
First
Commonwealth Financial Corp. |
56,316 |
685,929 |
First
Financial Bancorp |
52,322 |
967,957 |
First
Hawaiian, Inc. |
70,184 |
1,258,399 |
First
Interstate BancSystem, Inc., Class A |
45,625 |
1,052,569 |
First
Merchants Corp. |
32,848 |
897,079 |
Fulton
Financial Corp. |
90,217 |
1,171,919 |
German
American Bancorp, Inc. |
16,262 |
444,440 |
Heartland
Financial USA, Inc. |
21,343 |
584,798 |
Heritage
Financial Corp. |
19,274 |
313,588 |
Hilltop
Holdings, Inc. |
25,414 |
701,935 |
Hope
Bancorp, Inc. |
66,011 |
578,256 |
Independent
Bank Corp. |
24,273 |
1,184,522 |
Independent
Bank Group, Inc. |
19,753 |
698,269 |
International
Bancshares Corp. |
29,347 |
1,286,279 |
Kearny
Financial Corp. |
36,227 |
251,415 |
Lakeland
Bancorp, Inc. |
35,766 |
403,440 |
Lakeland
Financial Corp. |
13,991 |
689,057 |
Live
Oak Bancshares, Inc. |
18,058 |
520,973 |
National
Bank Holdings Corp., Class A |
20,744 |
646,798 |
NBT
Bancorp, Inc. |
25,971 |
869,249 |
Nicolet
Bankshares, Inc. |
7,053 |
513,599 |
Northfield
Bancorp, Inc. |
21,772 |
187,239 |
Northwest
Bancshares, Inc. (a) |
69,896 |
728,316 |
OceanFirst
Financial Corp. |
32,684 |
413,779 |
OFG
Bancorp (Puerto Rico) |
25,918 |
767,691 |
Origin
Bancorp, Inc. |
15,962 |
472,316 |
Pacific
Premier Bancorp, Inc. |
52,739 |
1,002,041 |
PacWest
Bancorp (a) |
65,196 |
461,588 |
Park
National Corp. (a) |
7,910 |
801,995 |
Pathward
Financial, Inc. |
14,429 |
653,489 |
Preferred
Bank |
7,191 |
428,368 |
Premier
Financial Corp. |
19,652 |
340,962 |
Provident
Financial Services, Inc. |
41,542 |
583,665 |
Renasant
Corp. |
30,873 |
752,992 |
Republic
Bancorp, Inc., Class A |
4,880 |
215,647 |
S&T
Bancorp, Inc. |
21,036 |
541,887 |
Sandy
Spring Bancorp, Inc. |
24,675 |
504,604 |
Seacoast
Banking Corp. of Florida |
46,800 |
945,828 |
126
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Banks
— continued | ||
ServisFirst
Bancshares, Inc. |
26,935 |
1,270,255 |
Simmons
First National Corp., Class A |
69,436 |
986,686 |
Southside
Bancshares, Inc. |
15,957 |
426,052 |
Stellar
Bancorp, Inc. |
25,799 |
560,870 |
Stock
Yards Bancorp, Inc. |
14,833 |
580,119 |
Texas
Capital Bancshares, Inc. * |
26,397 |
1,453,419 |
Tompkins
Financial Corp. (a) |
6,877 |
344,400 |
Towne
Bank |
37,851 |
906,153 |
TriCo
Bancshares |
18,292 |
591,746 |
Triumph
Financial, Inc. * |
11,910 |
741,398 |
Trustmark
Corp. |
33,582 |
675,334 |
United
Community Banks, Inc. |
65,362 |
1,443,847 |
Veritex
Holdings, Inc. |
29,842 |
513,879 |
WaFd,
Inc. |
35,595 |
878,485 |
WesBanco,
Inc. |
32,648 |
796,285 |
Westamerica
BanCorp |
14,656 |
692,349 |
WSFS
Financial Corp. |
33,575 |
1,188,555 |
|
|
62,436,833 |
Beverages
— 0.2% | ||
Duckhorn
Portfolio, Inc. (The) * |
23,457 |
244,657 |
MGP
Ingredients, Inc. (a) |
8,596 |
813,697 |
Vita
Coco Co., Inc. (The) *
(a) |
16,759 |
454,169 |
|
|
1,512,523 |
Biotechnology
— 6.0% | ||
Agios
Pharmaceuticals, Inc. * |
30,659 |
644,146 |
Akero
Therapeutics, Inc. * |
30,585 |
364,573 |
Alector,
Inc. * |
34,123 |
177,440 |
Allogene
Therapeutics, Inc. *
(a) |
62,689 |
176,783 |
AnaptysBio,
Inc. *
(a) |
10,360 |
168,972 |
Arcellx,
Inc. * |
17,416 |
613,914 |
Arcus
Biosciences, Inc. * |
29,498 |
463,414 |
Arcutis
Biotherapeutics, Inc. *
(a) |
28,147 |
63,331 |
Ardelyx,
Inc. *
(a) |
119,818 |
473,281 |
Aurinia
Pharmaceuticals, Inc. (Canada) *
(a) |
78,878 |
578,964 |
Avid
Bioservices, Inc. * |
34,496 |
212,150 |
Avidity
Biosciences, Inc. * |
35,050 |
180,507 |
Beam
Therapeutics, Inc. *
(a) |
37,459 |
791,883 |
BioCryst
Pharmaceuticals, Inc. *
(a) |
104,214 |
572,135 |
Biohaven
Ltd. *
(a) |
35,233 |
934,027 |
Bridgebio
Pharma, Inc. * |
66,125 |
1,721,895 |
Catalyst
Pharmaceuticals, Inc. * |
55,101 |
683,803 |
Celldex
Therapeutics, Inc. * |
25,988 |
611,238 |
Cogent
Biosciences, Inc. * |
40,894 |
333,695 |
Coherus
Biosciences, Inc. *
(a) |
49,721 |
166,565 |
Day
One Biopharmaceuticals, Inc. * |
30,618 |
362,211 |
Deciphera
Pharmaceuticals, Inc. * |
30,779 |
369,040 |
Dynavax
Technologies Corp. *
(a) |
70,833 |
1,006,537 |
Editas
Medicine, Inc. *
(a) |
44,898 |
299,919 |
Enanta
Pharmaceuticals, Inc. * |
10,890 |
98,228 |
EQRx,
Inc. * |
152,805 |
333,115 |
Fate
Therapeutics, Inc. * |
46,074 |
83,394 |
FibroGen,
Inc. * |
50,228 |
27,173 |
ImmunityBio,
Inc. *
(a) |
79,284 |
248,952 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Biotechnology
— continued | ||
ImmunoGen,
Inc. * |
124,595 |
1,851,482 |
Immunovant,
Inc. * |
26,595 |
878,965 |
Inhibrx,
Inc. * |
13,453 |
208,118 |
Insmed,
Inc. * |
79,092 |
1,982,045 |
Iovance
Biotherapeutics, Inc. * |
117,001 |
446,944 |
Ironwood
Pharmaceuticals, Inc. * |
75,510 |
677,325 |
Janux
Therapeutics, Inc. *
(a) |
10,364 |
66,537 |
Keros
Therapeutics, Inc. * |
12,563 |
358,548 |
Krystal
Biotech, Inc. * |
13,171 |
1,539,295 |
Kura
Oncology, Inc. * |
40,757 |
344,397 |
Kymera
Therapeutics, Inc. * |
21,938 |
256,016 |
Lyell
Immunopharma, Inc. *
(a) |
87,860 |
145,408 |
Mirati
Therapeutics, Inc. * |
34,410 |
1,910,787 |
Morphic
Holding, Inc. * |
21,615 |
431,219 |
Myriad
Genetics, Inc. * |
45,032 |
701,599 |
Novavax,
Inc. *
(a) |
51,923 |
345,807 |
Nuvalent,
Inc., Class A * |
14,474 |
753,951 |
OmniAb
Operations, Inc. ‡
* |
2,112 |
— |
Protagonist
Therapeutics, Inc. * |
31,644 |
460,104 |
Prothena
Corp. plc (Ireland) *
(a) |
21,498 |
783,817 |
Recursion
Pharmaceuticals, Inc., Class A *
(a) |
85,287 |
450,315 |
REGENXBIO,
Inc. * |
22,243 |
286,712 |
Relay
Therapeutics, Inc. * |
49,495 |
326,667 |
Replimune
Group, Inc. * |
28,547 |
415,930 |
REVOLUTION
Medicines, Inc. * |
54,037 |
1,069,933 |
Rhythm
Pharmaceuticals, Inc. *
(a) |
26,604 |
614,818 |
Rocket
Pharmaceuticals, Inc. * |
37,609 |
680,723 |
Sage
Therapeutics, Inc. * |
28,656 |
536,727 |
Sana
Biotechnology, Inc. *
(a) |
53,073 |
157,096 |
Seres
Therapeutics, Inc. * |
52,886 |
80,916 |
SpringWorks
Therapeutics, Inc. * |
29,251 |
669,848 |
Syndax
Pharmaceuticals, Inc. * |
35,921 |
505,768 |
Travere
Therapeutics, Inc. * |
37,538 |
243,246 |
Twist
Bioscience Corp. * |
31,561 |
497,401 |
Veracyte,
Inc. * |
40,009 |
828,986 |
Vericel
Corp. * |
26,204 |
921,857 |
Verve
Therapeutics, Inc. *
(a) |
25,587 |
308,067 |
Viking
Therapeutics, Inc. *
(a) |
55,015 |
539,697 |
Viridian
Therapeutics, Inc. * |
21,822 |
272,775 |
Xencor,
Inc. * |
33,336 |
578,380 |
Zentalis
Pharmaceuticals, Inc. * |
31,061 |
508,158 |
|
|
37,397,669 |
Broadline
Retail — 0.3% | ||
Kohl's
Corp. (a) |
60,818 |
1,371,446 |
Nordstrom,
Inc. (a) |
53,286 |
744,938 |
|
|
2,116,384 |
Building
Products — 1.6% | ||
American
Woodmark Corp. * |
9,009 |
605,675 |
Apogee
Enterprises, Inc. |
12,142 |
521,135 |
AZZ,
Inc. |
13,754 |
650,152 |
Gibraltar
Industries, Inc. * |
16,731 |
1,018,249 |
Griffon
Corp. |
22,528 |
899,768 |
Hayward
Holdings, Inc. * |
69,155 |
726,128 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
127
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Building
Products — continued | ||
Janus
International Group, Inc. * |
50,065 |
468,608 |
JELD-WEN
Holding, Inc. * |
46,780 |
530,017 |
Masonite
International Corp. * |
12,102 |
957,752 |
Masterbrand,
Inc. * |
70,223 |
780,178 |
PGT
Innovations, Inc. * |
32,086 |
960,655 |
Quanex
Building Products Corp. |
18,125 |
486,656 |
Resideo
Technologies, Inc. * |
81,209 |
1,175,906 |
Tecnoglass,
Inc. |
11,271 |
368,336 |
|
|
10,149,215 |
Capital
Markets — 2.5% | ||
Artisan
Partners Asset Management, Inc.,
Class
A (a) |
37,661 |
1,242,813 |
AssetMark
Financial Holdings, Inc. * |
11,911 |
284,792 |
Avantax,
Inc. * |
20,217 |
521,801 |
B.
Riley Financial, Inc. (a) |
9,080 |
328,787 |
BGC
Group, Inc., Class A |
214,707 |
1,260,330 |
Brightsphere
Investment Group, Inc. |
17,804 |
278,811 |
Donnelley
Financial Solutions, Inc. * |
13,707 |
746,072 |
Hamilton
Lane, Inc., Class A |
20,163 |
1,696,111 |
Moelis
& Co., Class A (a) |
36,609 |
1,524,399 |
Open
Lending Corp. * |
54,435 |
326,066 |
Piper
Sandler Cos. |
8,254 |
1,154,322 |
PJT
Partners, Inc., Class A |
12,239 |
959,048 |
StepStone
Group, Inc., Class A |
27,987 |
792,032 |
StoneX
Group, Inc. * |
9,830 |
936,996 |
TPG,
Inc. (a) |
33,393 |
922,982 |
Victory
Capital Holdings, Inc., Class A |
20,255 |
596,712 |
Virtu
Financial, Inc., Class A |
51,721 |
956,321 |
Virtus
Investment Partners, Inc. |
3,746 |
690,125 |
WisdomTree,
Inc. (a) |
62,829 |
389,540 |
|
|
15,608,060 |
Chemicals
— 1.3% | ||
AdvanSix,
Inc. |
14,971 |
412,451 |
Ecovyst,
Inc. * |
56,456 |
519,395 |
Ginkgo
Bioworks Holdings, Inc. *
(a) |
730,827 |
1,001,233 |
Ingevity
Corp. * |
18,531 |
746,429 |
Innospec,
Inc. |
13,675 |
1,340,150 |
Kronos
Worldwide, Inc. (a) |
12,022 |
82,952 |
LSB
Industries, Inc. * |
29,436 |
268,162 |
Mativ
Holdings, Inc. |
30,093 |
394,218 |
Minerals
Technologies, Inc. |
17,894 |
967,350 |
Perimeter
Solutions SA * |
80,736 |
258,355 |
PureCycle
Technologies, Inc. *
(a) |
74,857 |
333,114 |
Stepan
Co. |
11,677 |
873,440 |
Trinseo
plc |
19,350 |
119,776 |
Tronox
Holdings plc (a) |
63,806 |
682,086 |
|
|
7,999,111 |
Commercial
Services & Supplies — 2.4% | ||
ABM
Industries, Inc. |
36,379 |
1,431,150 |
ACV
Auctions, Inc., Class A * |
74,298 |
990,392 |
Brady
Corp., Class A |
25,251 |
1,299,417 |
BrightView
Holdings, Inc. * |
21,064 |
141,971 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Commercial
Services & Supplies — continued | ||
Brink's
Co. (The) |
25,538 |
1,707,471 |
Cimpress
plc (Ireland) * |
9,712 |
579,515 |
CoreCivic,
Inc. * |
62,484 |
793,547 |
Deluxe
Corp. |
23,983 |
408,910 |
GEO
Group, Inc. (The) *
(a) |
69,351 |
606,128 |
Healthcare
Services Group, Inc. |
40,808 |
387,676 |
HNI
Corp. |
25,605 |
888,237 |
Matthews
International Corp., Class A |
16,755 |
593,797 |
MillerKnoll,
Inc. |
41,629 |
978,282 |
Montrose
Environmental Group, Inc. * |
15,256 |
352,719 |
OPENLANE,
Inc. * |
60,196 |
808,432 |
Pitney
Bowes, Inc. (a) |
84,228 |
272,056 |
SP
Plus Corp. * |
10,803 |
545,876 |
Steelcase,
Inc., Class A |
51,473 |
561,570 |
UniFirst
Corp. |
8,302 |
1,365,098 |
|
|
14,712,244 |
Communications
Equipment — 1.0% | ||
ADTRAN
Holdings, Inc. |
38,932 |
255,783 |
Clearfield,
Inc. *
(a) |
7,130 |
171,263 |
CommScope
Holding Co., Inc. * |
116,554 |
172,500 |
Digi
International, Inc. * |
19,780 |
498,060 |
Extreme
Networks, Inc. * |
70,272 |
1,449,009 |
Harmonic,
Inc. * |
61,553 |
664,157 |
Infinera
Corp. *
(a) |
109,823 |
321,781 |
NetScout
Systems, Inc. * |
39,685 |
866,324 |
Viasat,
Inc. *
(a) |
40,936 |
754,860 |
Viavi
Solutions, Inc. * |
122,340 |
951,805 |
|
|
6,105,542 |
Construction
& Engineering — 1.1% | ||
Ameresco,
Inc., Class A *
(a) |
17,681 |
462,358 |
Construction
Partners, Inc., Class A * |
24,054 |
924,876 |
Dycom
Industries, Inc. * |
16,129 |
1,373,868 |
Granite
Construction, Inc. (a) |
24,157 |
977,876 |
MYR
Group, Inc. * |
9,188 |
1,064,246 |
Primoris
Services Corp. |
29,329 |
881,630 |
Sterling
Infrastructure, Inc. * |
16,954 |
1,235,099 |
|
|
6,919,953 |
Construction
Materials — 0.0% ^ | ||
United
States Lime & Minerals, Inc. |
1,125 |
222,739 |
Consumer
Finance — 1.0% | ||
Bread
Financial Holdings, Inc. |
27,626 |
746,731 |
Encore
Capital Group, Inc. * |
12,921 |
486,863 |
Enova
International, Inc. * |
16,927 |
675,049 |
Green
Dot Corp., Class A * |
24,756 |
276,772 |
LendingClub
Corp. * |
59,776 |
310,237 |
Navient
Corp. |
48,149 |
766,051 |
Nelnet,
Inc., Class A |
9,816 |
832,495 |
PRA
Group, Inc. * |
21,585 |
265,711 |
PROG
Holdings, Inc. * |
25,142 |
688,639 |
128
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Consumer
Finance — continued | ||
Upstart
Holdings, Inc. * |
39,683 |
953,583 |
World
Acceptance Corp. *
(a) |
1,879 |
185,307 |
|
|
6,187,438 |
Consumer
Staples Distribution & Retail — 0.9% | ||
Andersons,
Inc. (The) |
17,316 |
868,051 |
Chefs'
Warehouse, Inc. (The) * |
19,411 |
369,391 |
Grocery
Outlet Holding Corp. * |
54,330 |
1,503,311 |
Ingles
Markets, Inc., Class A |
7,974 |
639,674 |
PriceSmart,
Inc. |
14,173 |
885,671 |
SpartanNash
Co. |
19,109 |
429,761 |
United
Natural Foods, Inc. * |
32,232 |
469,943 |
Weis
Markets, Inc. (a) |
9,025 |
587,528 |
|
|
5,753,330 |
Containers
& Packaging — 0.2% | ||
Myers
Industries, Inc. |
20,244 |
339,492 |
Pactiv
Evergreen, Inc. |
21,587 |
186,080 |
TriMas
Corp. |
22,782 |
551,552 |
|
|
1,077,124 |
Diversified
Consumer Services — 1.6% | ||
Adtalem
Global Education, Inc. * |
22,846 |
1,183,423 |
Chegg,
Inc. * |
63,429 |
477,620 |
Coursera,
Inc. * |
56,801 |
984,929 |
European
Wax Center, Inc., Class A *
(a) |
19,374 |
286,154 |
Frontdoor,
Inc. * |
44,179 |
1,278,099 |
Graham
Holdings Co., Class B |
2,027 |
1,173,066 |
Laureate
Education, Inc., Class A |
74,360 |
1,051,450 |
Mister
Car Wash, Inc. *
(a) |
49,846 |
259,199 |
OneSpaWorld
Holdings Ltd. (Bahamas) * |
48,138 |
504,486 |
Rover
Group, Inc. * |
62,459 |
402,861 |
Strategic
Education, Inc. |
12,106 |
996,445 |
Stride,
Inc. * |
22,249 |
1,223,250 |
Udemy,
Inc. * |
47,141 |
420,969 |
|
|
10,241,951 |
Diversified
REITs — 0.6% | ||
Alexander
& Baldwin, Inc. |
39,942 |
631,084 |
American
Assets Trust, Inc. |
26,719 |
474,262 |
Broadstone
Net Lease, Inc. |
102,997 |
1,457,407 |
Empire
State Realty Trust, Inc., Class A |
71,325 |
577,019 |
Global
Net Lease, Inc. |
106,887 |
848,683 |
|
|
3,988,455 |
Diversified
Telecommunication Services — 0.4% | ||
EchoStar
Corp., Class A * |
18,500 |
256,410 |
Globalstar,
Inc. *
(a) |
389,080 |
548,603 |
Liberty
Latin America Ltd., Class A (Puerto
Rico) * |
20,103 |
137,303 |
Liberty
Latin America Ltd., Class C (Puerto
Rico) * |
71,272 |
488,213 |
Lumen
Technologies, Inc. *
(a) |
554,378 |
809,392 |
|
|
2,239,921 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Electric
Utilities — 0.2% | ||
MGE
Energy, Inc. |
19,885 |
1,424,363 |
Electrical
Equipment — 0.9% | ||
Encore
Wire Corp. |
9,239 |
1,652,210 |
Enovix
Corp. *
(a) |
73,099 |
651,312 |
Fluence
Energy, Inc. *
(a) |
22,161 |
383,829 |
FREYR
Battery SA (Norway) *
(a) |
65,307 |
209,635 |
FuelCell
Energy, Inc. *
(a) |
223,712 |
243,846 |
GrafTech
International Ltd. |
105,933 |
365,469 |
NEXTracker,
Inc., Class A *
(a) |
26,928 |
936,017 |
SES
AI Corp. *
(a) |
79,464 |
143,830 |
Stem,
Inc. *
(a) |
81,402 |
275,139 |
SunPower
Corp. *
(a) |
47,207 |
201,574 |
Vicor
Corp. * |
12,334 |
477,819 |
|
|
5,540,680 |
Electronic
Equipment, Instruments & Components — 2.1% | ||
Benchmark
Electronics, Inc. |
19,620 |
475,000 |
Crane
NXT Co. |
26,556 |
1,380,912 |
CTS
Corp. |
17,243 |
645,061 |
ePlus,
Inc. * |
14,812 |
925,750 |
Itron,
Inc. * |
24,997 |
1,431,828 |
Knowles
Corp. * |
50,125 |
651,124 |
Lightwave
Logic, Inc. *
(a) |
64,054 |
290,165 |
Methode
Electronics, Inc. |
19,803 |
452,895 |
Mirion
Technologies, Inc. * |
99,488 |
689,452 |
Napco
Security Technologies, Inc. |
15,979 |
293,534 |
OSI
Systems, Inc. * |
8,467 |
882,854 |
PAR
Technology Corp. *
(a) |
15,096 |
440,652 |
PC
Connection, Inc. |
6,206 |
332,517 |
Plexus
Corp. * |
15,115 |
1,486,107 |
ScanSource,
Inc. * |
13,693 |
416,267 |
SmartRent,
Inc. * |
98,011 |
236,206 |
TTM
Technologies, Inc. * |
57,126 |
656,378 |
Vishay
Intertechnology, Inc. |
69,816 |
1,552,708 |
|
|
13,239,410 |
Energy
Equipment & Services — 2.3% | ||
Archrock,
Inc. |
75,744 |
959,676 |
Atlas
Energy Solutions, Inc. |
9,740 |
177,365 |
Cactus,
Inc., Class A |
35,530 |
1,667,778 |
Core
Laboratories, Inc. (a) |
25,675 |
549,959 |
Diamond
Offshore Drilling, Inc. * |
56,271 |
698,323 |
Dril-Quip,
Inc. * |
18,793 |
407,056 |
Helix
Energy Solutions Group, Inc. * |
77,966 |
764,067 |
Liberty
Energy, Inc. |
85,281 |
1,680,036 |
Nabors
Industries Ltd. * |
4,937 |
482,049 |
Oceaneering
International, Inc. * |
55,430 |
1,218,906 |
Patterson-UTI
Energy, Inc. |
176,283 |
2,238,794 |
ProFrac
Holding Corp., Class A * |
11,401 |
107,397 |
ProPetro
Holding Corp. * |
47,762 |
500,546 |
RPC,
Inc. (a) |
46,824 |
389,576 |
Tidewater,
Inc. * |
26,651 |
1,821,596 |
US
Silica Holdings, Inc. * |
42,413 |
511,925 |
|
|
14,175,049 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
129
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Entertainment
— 0.8% | ||
AMC
Entertainment Holdings, Inc., Class A * |
28,549 |
304,906 |
Atlanta
Braves Holdings, Inc., Class A *
(a) |
5,672 |
215,025 |
Atlanta
Braves Holdings, Inc., Class C * |
21,350 |
742,553 |
Cinemark
Holdings, Inc. *
(a) |
59,539 |
981,798 |
IMAX
Corp. * |
24,635 |
448,603 |
Lions
Gate Entertainment Corp., Class A * |
33,524 |
263,499 |
Lions
Gate Entertainment Corp., Class B * |
72,373 |
539,903 |
Madison
Square Garden Entertainment Corp. * |
23,398 |
713,171 |
Sphere
Entertainment Co. *
(a) |
14,312 |
471,008 |
Vivid
Seats, Inc., Class A * |
20,145 |
118,453 |
|
|
4,798,919 |
Financial
Services — 2.2% | ||
Affirm
Holdings, Inc. *
(a) |
118,034 |
2,078,579 |
AvidXchange
Holdings, Inc. * |
93,390 |
806,890 |
Cannae
Holdings, Inc. * |
37,525 |
613,534 |
Compass
Diversified Holdings |
34,400 |
590,992 |
EVERTEC,
Inc. (Puerto Rico) |
35,542 |
1,129,525 |
Federal
Agricultural Mortgage Corp., Class C |
5,117 |
760,181 |
International
Money Express, Inc. * |
19,484 |
310,965 |
Marqeta,
Inc., Class A * |
238,198 |
1,231,484 |
Merchants
Bancorp |
14,265 |
426,381 |
NMI
Holdings, Inc., Class A * |
45,257 |
1,237,779 |
Payoneer
Global, Inc. * |
142,231 |
823,517 |
Remitly
Global, Inc. * |
72,749 |
1,959,130 |
Repay
Holdings Corp. * |
41,443 |
248,243 |
Rocket
Cos., Inc., Class A *
(a) |
67,074 |
495,677 |
Walker
& Dunlop, Inc. |
18,336 |
1,188,173 |
|
|
13,901,050 |
Food
Products — 0.7% | ||
B&G
Foods, Inc. |
39,762 |
320,879 |
Beyond
Meat, Inc. *
(a) |
35,410 |
211,398 |
Calavo
Growers, Inc. |
9,777 |
247,749 |
Cal-Maine
Foods, Inc. (a) |
22,353 |
1,012,815 |
Fresh
Del Monte Produce, Inc. |
18,529 |
463,225 |
Hain
Celestial Group, Inc. (The) * |
49,188 |
543,527 |
Mission
Produce, Inc. * |
23,356 |
219,780 |
Sovos
Brands, Inc. *
(a) |
34,544 |
749,950 |
Tootsie
Roll Industries, Inc. |
9,576 |
297,909 |
Utz
Brands, Inc. (a) |
37,483 |
456,918 |
|
|
4,524,150 |
Gas
Utilities — 0.3% | ||
Chesapeake
Utilities Corp. |
9,784 |
866,960 |
Northwest
Natural Holding Co. |
19,832 |
728,033 |
|
|
1,594,993 |
Ground
Transportation — 0.8% | ||
ArcBest
Corp. |
13,212 |
1,438,523 |
Heartland
Express, Inc. |
25,210 |
293,949 |
Marten
Transport Ltd. |
31,749 |
558,147 |
RXO,
Inc. * |
64,334 |
1,126,488 |
Schneider
National, Inc., Class B |
20,660 |
523,318 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Ground
Transportation — continued | ||
Universal
Logistics Holdings, Inc. |
3,754 |
84,014 |
Werner
Enterprises, Inc. |
34,863 |
1,266,224 |
|
|
5,290,663 |
Health
Care Equipment & Supplies — 2.2% | ||
Alphatec
Holdings, Inc. *
(a) |
44,338 |
407,023 |
AtriCure,
Inc. * |
26,046 |
902,233 |
Atrion
Corp. |
731 |
249,987 |
Avanos
Medical, Inc. * |
25,779 |
473,302 |
Axonics,
Inc. * |
27,753 |
1,421,231 |
Embecta
Corp. |
31,512 |
476,461 |
Establishment
Labs Holdings, Inc. (Costa
Rica) *
(a) |
12,617 |
369,426 |
Glaukos
Corp. * |
26,757 |
1,824,827 |
Integer
Holdings Corp. * |
18,316 |
1,486,710 |
LeMaitre
Vascular, Inc. |
10,902 |
529,619 |
LivaNova
plc * |
29,638 |
1,453,744 |
Nevro
Corp. * |
19,862 |
286,609 |
Omnicell,
Inc. *
(a) |
24,863 |
883,631 |
OrthoPediatrics
Corp. * |
8,605 |
210,478 |
Outset
Medical, Inc. * |
27,381 |
96,929 |
Paragon
28, Inc. * |
20,424 |
176,259 |
PROCEPT
BioRobotics Corp. *
(a) |
24,102 |
645,693 |
Silk
Road Medical, Inc. * |
21,354 |
160,369 |
Tandem
Diabetes Care, Inc. * |
35,793 |
619,219 |
TransMedics
Group, Inc. *
(a) |
17,940 |
672,391 |
Treace
Medical Concepts, Inc. * |
23,695 |
237,661 |
Varex
Imaging Corp. * |
22,219 |
401,053 |
|
|
13,984,855 |
Health
Care Providers & Services — 2.3% | ||
23andMe
Holding Co. *
(a) |
167,192 |
141,628 |
AdaptHealth
Corp. * |
44,914 |
329,220 |
Addus
HomeCare Corp. * |
8,922 |
703,946 |
Agiliti,
Inc. *
(a) |
19,300 |
108,659 |
Alignment
Healthcare, Inc. * |
53,886 |
370,736 |
Amedisys,
Inc. * |
17,942 |
1,641,513 |
Apollo
Medical Holdings, Inc. *
(a) |
23,137 |
722,106 |
Brookdale
Senior Living, Inc. * |
103,515 |
404,744 |
Castle
Biosciences, Inc. * |
14,743 |
230,286 |
Cross
Country Healthcare, Inc. * |
18,513 |
428,761 |
DocGo,
Inc. * |
48,507 |
288,132 |
Fulgent
Genetics, Inc. * |
11,191 |
267,912 |
Guardant
Health, Inc. * |
64,727 |
1,675,135 |
Hims
& Hers Health, Inc. * |
80,246 |
479,871 |
ModivCare,
Inc. * |
6,781 |
286,429 |
National
HealthCare Corp. |
7,419 |
499,744 |
National
Research Corp. |
7,974 |
336,981 |
NeoGenomics,
Inc. * |
70,166 |
983,727 |
OPKO
Health, Inc. *
(a) |
242,347 |
302,934 |
Owens
& Minor, Inc. * |
42,087 |
603,107 |
Patterson
Cos., Inc. |
46,805 |
1,425,680 |
Pediatrix
Medical Group, Inc. * |
45,508 |
521,522 |
130
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Health
Care Providers & Services — continued | ||
RadNet,
Inc. * |
33,177 |
894,452 |
US
Physical Therapy, Inc. |
8,239 |
692,982 |
|
|
14,340,207 |
Health
Care REITs — 0.8% | ||
CareTrust
REIT, Inc. |
54,706 |
1,177,273 |
LTC
Properties, Inc. |
22,773 |
719,855 |
National
Health Investors, Inc. |
23,872 |
1,194,555 |
Sabra
Health Care REIT, Inc. |
127,169 |
1,734,585 |
Universal
Health Realty Income Trust |
6,995 |
268,888 |
|
|
5,095,156 |
Health
Care Technology — 0.6% | ||
American
Well Corp., Class A * |
138,445 |
161,981 |
Definitive
Healthcare Corp. * |
25,454 |
146,615 |
Health
Catalyst, Inc. * |
31,328 |
234,647 |
HealthStream,
Inc. |
13,329 |
338,557 |
Multiplan
Corp. * |
150,025 |
253,542 |
NextGen
Healthcare, Inc. *
(a) |
29,854 |
714,108 |
Phreesia,
Inc. * |
28,088 |
383,682 |
Schrodinger,
Inc. *
(a) |
30,004 |
651,087 |
Sharecare,
Inc. * |
168,910 |
177,355 |
Veradigm,
Inc. * |
60,091 |
792,600 |
|
|
3,854,174 |
Hotel
& Resort REITs — 1.1% | ||
DiamondRock
Hospitality Co. |
115,288 |
891,176 |
Park
Hotels & Resorts, Inc. |
118,650 |
1,368,035 |
Pebblebrook
Hotel Trust (a) |
66,272 |
790,625 |
RLJ
Lodging Trust |
86,606 |
814,096 |
Service
Properties Trust |
91,001 |
659,757 |
Summit
Hotel Properties, Inc. |
59,164 |
333,685 |
Sunstone
Hotel Investors, Inc. |
113,952 |
1,059,754 |
Xenia
Hotels & Resorts, Inc. |
58,994 |
686,100 |
|
|
6,603,228 |
Hotels,
Restaurants & Leisure — 2.4% | ||
Bally's
Corp. * |
16,063 |
146,495 |
BJ's
Restaurants, Inc. * |
12,968 |
333,537 |
Bloomin'
Brands, Inc. (a) |
47,904 |
1,118,079 |
Bowlero
Corp., Class A *
(a) |
25,404 |
256,326 |
Brinker
International, Inc. * |
24,360 |
826,291 |
Cheesecake
Factory, Inc. (The) (a) |
25,941 |
805,987 |
Cracker
Barrel Old Country Store, Inc. (a) |
12,182 |
808,398 |
Dave
& Buster's Entertainment, Inc. * |
18,880 |
659,667 |
Denny's
Corp. * |
30,500 |
262,910 |
Dine
Brands Global, Inc. |
8,553 |
421,577 |
Dutch
Bros, Inc., Class A *
(a) |
28,637 |
697,025 |
Everi
Holdings, Inc. * |
48,397 |
522,204 |
First
Watch Restaurant Group, Inc. * |
13,096 |
218,834 |
Golden
Entertainment, Inc. |
11,911 |
373,529 |
Jack
in the Box, Inc. |
11,060 |
698,771 |
Krispy
Kreme, Inc. (a) |
46,258 |
598,116 |
Monarch
Casino & Resort, Inc. |
7,375 |
443,901 |
Papa
John's International, Inc. (a) |
18,009 |
1,170,945 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Hotels,
Restaurants & Leisure — continued | ||
Portillo's,
Inc., Class A * |
26,363 |
394,127 |
Red
Rock Resorts, Inc., Class A |
26,774 |
1,058,912 |
Sabre
Corp. * |
182,778 |
639,723 |
Shake
Shack, Inc., Class A * |
20,620 |
1,155,545 |
Six
Flags Entertainment Corp. * |
39,392 |
783,901 |
Sweetgreen,
Inc., Class A * |
49,959 |
516,076 |
Target
Hospitality Corp. * |
15,088 |
207,158 |
|
|
15,118,034 |
Household
Durables — 1.6% | ||
Cavco
Industries, Inc. * |
4,440 |
1,107,824 |
Century
Communities, Inc. |
15,673 |
963,889 |
GoPro,
Inc., Class A * |
69,558 |
174,591 |
Green
Brick Partners, Inc. * |
13,980 |
541,026 |
Helen
of Troy Ltd. * |
13,251 |
1,302,838 |
iRobot
Corp. * |
15,176 |
499,746 |
La-Z-Boy,
Inc. |
23,803 |
696,000 |
LGI
Homes, Inc. *
(a) |
11,263 |
1,064,466 |
M/I
Homes, Inc. * |
15,286 |
1,254,522 |
Sonos,
Inc. * |
70,543 |
760,453 |
Tri
Pointe Homes, Inc. * |
54,447 |
1,364,442 |
Vizio
Holding Corp., Class A * |
54,852 |
279,197 |
|
|
10,008,994 |
Household
Products — 0.9% | ||
Central
Garden & Pet Co. * |
5,236 |
228,447 |
Central
Garden & Pet Co., Class A * |
22,551 |
895,049 |
Energizer
Holdings, Inc. |
36,559 |
1,154,533 |
Spectrum
Brands Holdings, Inc. |
19,622 |
1,477,929 |
WD-40
Co. |
7,462 |
1,577,467 |
|
|
5,333,425 |
Independent
Power and Renewable Electricity Producers — 0.2% | ||
Altus
Power, Inc. * |
33,230 |
176,451 |
Montauk
Renewables, Inc. *
(a) |
35,551 |
357,643 |
Sunnova
Energy International, Inc. *
(a) |
55,693 |
508,477 |
|
|
1,042,571 |
Industrial
REITs — 0.4% | ||
Innovative
Industrial Properties, Inc. (a) |
15,416 |
1,107,331 |
LXP
Industrial Trust |
160,932 |
1,272,972 |
|
|
2,380,303 |
Insurance
— 2.0% | ||
AMERISAFE,
Inc. |
10,550 |
537,733 |
Argo
Group International Holdings Ltd. |
19,339 |
577,076 |
BRP
Group, Inc., Class A * |
35,065 |
733,910 |
CNO
Financial Group, Inc. |
62,146 |
1,440,544 |
Employers
Holdings, Inc. |
14,331 |
544,578 |
F&G
Annuities & Life, Inc. (a) |
9,662 |
296,527 |
Genworth
Financial, Inc., Class A * |
254,686 |
1,525,569 |
Goosehead
Insurance, Inc., Class A * |
13,144 |
852,651 |
Hagerty,
Inc., Class A *
(a) |
13,012 |
100,453 |
Horace
Mann Educators Corp. |
22,457 |
712,561 |
James
River Group Holdings Ltd. |
20,691 |
284,501 |
Lemonade,
Inc. *
(a) |
34,105 |
373,109 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
131
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Insurance
— continued | ||
Mercury
General Corp. |
14,618 |
451,404 |
Oscar
Health, Inc., Class A * |
76,915 |
393,805 |
Palomar
Holdings, Inc. * |
13,608 |
681,489 |
ProAssurance
Corp. |
28,638 |
486,846 |
Safety
Insurance Group, Inc. |
8,134 |
611,433 |
SiriusPoint
Ltd. (Bermuda) * |
48,658 |
479,281 |
Skyward
Specialty Insurance Group, Inc. *
(a) |
14,912 |
419,773 |
Stewart
Information Services Corp. |
15,042 |
656,884 |
Trupanion,
Inc. *
(a) |
19,571 |
403,162 |
|
|
12,563,289 |
Interactive
Media & Services — 1.0% | ||
Bumble,
Inc., Class A * |
54,804 |
736,566 |
Cargurus,
Inc. * |
47,719 |
822,198 |
Cars.com,
Inc. * |
33,994 |
517,729 |
Eventbrite,
Inc., Class A * |
45,401 |
375,920 |
Rumble,
Inc. *
(a) |
41,693 |
187,202 |
Shutterstock,
Inc. |
13,291 |
540,678 |
TripAdvisor,
Inc. * |
59,209 |
873,925 |
Vimeo,
Inc. * |
86,617 |
266,780 |
Yelp,
Inc. * |
37,793 |
1,594,487 |
ZipRecruiter,
Inc., Class A * |
40,416 |
430,430 |
|
|
6,345,915 |
IT
Services — 0.6% | ||
BigCommerce
Holdings, Inc. * |
36,331 |
322,983 |
Fastly,
Inc., Class A * |
65,368 |
958,948 |
Grid
Dynamics Holdings, Inc. * |
30,248 |
306,715 |
Perficient,
Inc. * |
19,149 |
1,114,280 |
Squarespace,
Inc., Class A * |
24,609 |
699,142 |
Thoughtworks
Holding, Inc. * |
50,672 |
171,778 |
|
|
3,573,846 |
Leisure
Products — 0.5% | ||
Malibu
Boats, Inc., Class A * |
11,338 |
494,564 |
Peloton
Interactive, Inc., Class A *
(a) |
184,865 |
879,957 |
Smith
& Wesson Brands, Inc. (a) |
25,375 |
373,774 |
Sturm
Ruger & Co., Inc. |
9,744 |
539,330 |
Vista
Outdoor, Inc. * |
31,900 |
801,328 |
|
|
3,088,953 |
Life
Sciences Tools & Services — 0.4% | ||
Adaptive
Biotechnologies Corp. * |
60,463 |
268,456 |
BioLife
Solutions, Inc. * |
18,891 |
190,799 |
CryoPort,
Inc. *
(a) |
26,880 |
260,736 |
Cytek
Biosciences, Inc. * |
54,736 |
230,438 |
Maravai
LifeSciences Holdings, Inc., Class A * |
60,219 |
413,102 |
Mesa
Laboratories, Inc. |
2,818 |
264,413 |
OmniAb,
Inc. ‡
* |
2,112 |
— |
Pacific
Biosciences of California, Inc. * |
128,159 |
792,023 |
SomaLogic,
Inc. *
(a) |
86,829 |
193,629 |
|
|
2,613,596 |
Machinery
— 3.3% | ||
3D
Systems Corp. * |
73,406 |
273,804 |
Alamo
Group, Inc. |
5,678 |
910,183 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Machinery
— continued | ||
Albany
International Corp., Class A |
17,148 |
1,399,448 |
Astec
Industries, Inc. |
12,508 |
500,820 |
Barnes
Group, Inc. |
27,843 |
578,856 |
Desktop
Metal, Inc., Class A *
(a) |
136,817 |
118,538 |
Energy
Recovery, Inc. * |
31,018 |
471,474 |
Enerpac
Tool Group Corp. |
30,855 |
873,196 |
EnPro
Industries, Inc. |
11,499 |
1,277,079 |
ESCO
Technologies, Inc. |
14,179 |
1,378,482 |
Gorman-Rupp
Co. (The) |
13,392 |
395,734 |
Greenbrier
Cos., Inc. (The) (a) |
16,989 |
587,650 |
Helios
Technologies, Inc. |
18,169 |
939,701 |
Hillman
Solutions Corp. * |
107,132 |
702,786 |
Kadant,
Inc. (a) |
6,441 |
1,417,020 |
Kennametal,
Inc. |
43,842 |
1,013,189 |
Lindsay
Corp. |
6,055 |
756,391 |
Mueller
Water Products, Inc., Class A |
86,060 |
1,064,562 |
Omega
Flex, Inc. (a) |
1,836 |
134,157 |
Proto
Labs, Inc. * |
14,347 |
338,733 |
SPX
Technologies, Inc. * |
25,078 |
2,009,249 |
Standex
International Corp. |
6,518 |
935,789 |
Symbotic,
Inc. *
(a) |
8,898 |
302,799 |
Tennant
Co. |
10,218 |
758,380 |
Trinity
Industries, Inc. |
45,017 |
937,704 |
Wabash
National Corp. |
25,847 |
534,774 |
|
|
20,610,498 |
Marine
Transportation — 0.3% | ||
Matson,
Inc. |
19,404 |
1,689,118 |
Media
— 0.8% | ||
Altice
USA, Inc., Class A * |
126,405 |
365,310 |
AMC
Networks, Inc., Class A * |
16,729 |
197,402 |
Clear
Channel Outdoor Holdings, Inc. * |
193,885 |
213,274 |
DISH
Network Corp., Class A *
(a) |
136,479 |
668,747 |
EW
Scripps Co. (The), Class A * |
32,318 |
176,779 |
Gray
Television, Inc. |
43,846 |
285,876 |
Integral
Ad Science Holding Corp. * |
30,157 |
346,202 |
John
Wiley & Sons, Inc., Class A |
23,401 |
708,348 |
Magnite,
Inc. * |
66,283 |
440,119 |
Scholastic
Corp. (a) |
15,329 |
565,640 |
Sinclair,
Inc. (a) |
20,502 |
222,857 |
Stagwell,
Inc. * |
56,672 |
233,489 |
TechTarget,
Inc. * |
13,929 |
350,732 |
Thryv
Holdings, Inc. * |
16,746 |
291,883 |
WideOpenWest,
Inc. * |
26,238 |
184,716 |
|
|
5,251,374 |
Metals
& Mining — 1.7% | ||
Alpha
Metallurgical Resources, Inc. |
6,697 |
1,473,072 |
Arch
Resources, Inc. |
9,972 |
1,504,077 |
Carpenter
Technology Corp. |
26,703 |
1,674,812 |
Century
Aluminum Co. * |
28,450 |
188,054 |
Coeur
Mining, Inc. * |
194,239 |
487,540 |
Compass
Minerals International, Inc. |
18,556 |
457,220 |
Ivanhoe
Electric, Inc. * |
44,507 |
455,752 |
132
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Metals
& Mining — continued | ||
Kaiser
Aluminum Corp. |
8,802 |
499,954 |
Materion
Corp. |
11,345 |
1,100,238 |
Piedmont
Lithium, Inc. * |
9,928 |
272,722 |
Ryerson
Holding Corp. |
16,078 |
467,066 |
Schnitzer
Steel Industries, Inc., Class A |
14,120 |
320,665 |
Warrior
Met Coal, Inc. |
28,613 |
1,394,311 |
|
|
10,295,483 |
Mortgage
Real Estate Investment Trusts (REITs) — 1.6% | ||
Apollo
Commercial Real Estate Finance, Inc. |
71,527 |
712,409 |
Arbor
Realty Trust, Inc. (a) |
102,572 |
1,293,433 |
ARMOUR
Residential REIT, Inc. (a) |
25,112 |
365,882 |
Brightspire
Capital, Inc. |
71,494 |
404,656 |
Chimera
Investment Corp. |
124,709 |
598,603 |
Claros
Mortgage Trust, Inc. |
66,210 |
690,570 |
Franklin
BSP Realty Trust, Inc. |
45,209 |
570,085 |
Hannon
Armstrong Sustainable Infrastructure
Capital,
Inc. (a) |
58,923 |
1,009,940 |
KKR
Real Estate Finance Trust, Inc. |
31,924 |
333,287 |
Ladder
Capital Corp. |
62,131 |
628,144 |
MFA
Financial, Inc. |
56,053 |
498,309 |
New
York Mortgage Trust, Inc. |
50,182 |
390,918 |
PennyMac
Mortgage Investment Trust (a) |
47,711 |
603,544 |
Ready
Capital Corp. (a) |
86,897 |
819,439 |
Redwood
Trust, Inc. (a) |
62,792 |
394,334 |
TPG
RE Finance Trust, Inc. |
33,345 |
183,731 |
Two
Harbors Investment Corp. |
52,893 |
614,088 |
|
|
10,111,372 |
Office
REITs — 1.6% | ||
Brandywine
Realty Trust |
94,646 |
353,976 |
COPT
Defense Properties |
61,897 |
1,411,252 |
Douglas
Emmett, Inc. (a) |
91,708 |
1,028,047 |
Easterly
Government Properties, Inc. |
51,380 |
552,849 |
Equity
Commonwealth |
60,344 |
1,142,915 |
Highwoods
Properties, Inc. (a) |
58,119 |
1,039,749 |
Hudson
Pacific Properties, Inc. (a) |
69,761 |
311,134 |
JBG
SMITH Properties (a) |
51,764 |
666,203 |
Paramount
Group, Inc. |
90,833 |
388,765 |
Piedmont
Office Realty Trust, Inc., Class A |
68,034 |
354,457 |
SL
Green Realty Corp. (a) |
35,411 |
1,037,188 |
Vornado
Realty Trust (a) |
88,025 |
1,690,080 |
|
|
9,976,615 |
Oil,
Gas & Consumable Fuels — 3.5% | ||
Callon
Petroleum Co. *
(a) |
30,739 |
1,148,102 |
Clean
Energy Fuels Corp. * |
96,878 |
338,104 |
CNX
Resources Corp. * |
88,805 |
1,928,845 |
CONSOL
Energy, Inc. |
15,828 |
1,454,435 |
CVR
Energy, Inc. |
16,037 |
525,212 |
Delek
US Holdings, Inc. |
33,157 |
873,687 |
Earthstone
Energy, Inc., Class A * |
35,083 |
742,707 |
Enviva,
Inc. (a) |
17,189 |
62,224 |
Equitrans
Midstream Corp. |
238,288 |
2,113,615 |
Green
Plains, Inc. *
(a) |
32,741 |
961,931 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Oil,
Gas & Consumable Fuels — continued | ||
Gulfport
Energy Corp. * |
5,447 |
673,304 |
HighPeak
Energy, Inc. (a) |
9,878 |
174,939 |
International
Seaways, Inc. |
20,704 |
995,655 |
Kinetik
Holdings, Inc. (a) |
8,285 |
293,620 |
Kosmos
Energy Ltd. (Ghana) * |
253,051 |
1,832,089 |
NextDecade
Corp. *
(a) |
41,126 |
180,543 |
Northern
Oil and Gas, Inc. |
49,258 |
1,888,552 |
Par
Pacific Holdings, Inc. * |
30,897 |
1,014,039 |
Riley
Exploration Permian, Inc. |
2,215 |
70,105 |
Sitio
Royalties Corp. (a) |
44,915 |
1,110,299 |
Talos
Energy, Inc. * |
55,260 |
856,530 |
Tellurian,
Inc. *
(a) |
319,995 |
220,797 |
Uranium
Energy Corp. *
(a) |
207,634 |
1,235,422 |
Vital
Energy, Inc. * |
9,203 |
460,518 |
W&T
Offshore, Inc. * |
53,168 |
220,647 |
World
Kinect Corp. |
33,112 |
612,572 |
|
|
21,988,493 |
Paper
& Forest Products — 0.2% | ||
Mercer
International, Inc. (Germany) |
24,150 |
191,751 |
Sylvamo
Corp. (a) |
19,574 |
867,128 |
|
|
1,058,879 |
Passenger
Airlines — 0.7% | ||
Allegiant
Travel Co. |
8,314 |
553,879 |
Frontier
Group Holdings, Inc. * |
21,844 |
74,051 |
JetBlue
Airways Corp. *
(a) |
183,283 |
689,144 |
Joby
Aviation, Inc. *
(a) |
202,231 |
1,065,757 |
SkyWest,
Inc. * |
23,136 |
975,645 |
Spirit
Airlines, Inc. (a) |
60,038 |
689,236 |
Sun
Country Airlines Holdings, Inc. * |
22,181 |
288,797 |
|
|
4,336,509 |
Personal
Care Products — 0.5% | ||
Beauty
Health Co. (The) *
(a) |
45,316 |
183,530 |
Edgewell
Personal Care Co. |
27,942 |
975,176 |
Herbalife
Ltd. *
(a) |
54,450 |
775,913 |
Medifast,
Inc. |
5,990 |
414,268 |
Nu
Skin Enterprises, Inc., Class A |
27,472 |
521,693 |
Olaplex
Holdings, Inc. * |
61,195 |
86,897 |
USANA
Health Sciences, Inc. * |
6,155 |
280,360 |
|
|
3,237,837 |
Pharmaceuticals
— 1.4% | ||
Aclaris
Therapeutics, Inc. * |
30,760 |
153,185 |
Amphastar
Pharmaceuticals, Inc. *
(a) |
20,953 |
948,542 |
Amylyx
Pharmaceuticals, Inc. * |
22,234 |
362,636 |
Arvinas,
Inc. * |
29,413 |
474,138 |
Cassava
Sciences, Inc. *
(a) |
21,698 |
437,215 |
Corcept
Therapeutics, Inc. * |
49,628 |
1,393,554 |
Enliven
Therapeutics, Inc. *
(a) |
10,415 |
129,042 |
Harmony
Biosciences Holdings, Inc. * |
18,484 |
435,113 |
Innoviva,
Inc. * |
31,502 |
390,940 |
Ligand
Pharmaceuticals, Inc. * |
8,975 |
469,303 |
Pacira
BioSciences, Inc. * |
25,534 |
721,591 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
133
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Pharmaceuticals
— continued | ||
Pliant
Therapeutics, Inc. * |
28,633 |
420,046 |
Revance
Therapeutics, Inc. * |
48,373 |
381,663 |
Supernus
Pharmaceuticals, Inc. * |
30,020 |
715,977 |
Tilray
Brands, Inc. (Canada) *
(a) |
386,781 |
696,206 |
Ventyx
Biosciences, Inc. * |
25,907 |
373,579 |
|
|
8,502,730 |
Professional
Services — 2.0% | ||
CBIZ,
Inc. * |
27,398 |
1,423,600 |
Conduent,
Inc. * |
92,216 |
294,169 |
CSG
Systems International, Inc. |
16,726 |
783,780 |
First
Advantage Corp. |
27,944 |
363,551 |
Forrester
Research, Inc. * |
6,345 |
147,204 |
HireRight
Holdings Corp. * |
6,517 |
60,022 |
Huron
Consulting Group, Inc. * |
10,466 |
1,039,902 |
ICF
International, Inc. |
9,522 |
1,206,723 |
Kelly
Services, Inc., Class A |
17,635 |
314,785 |
Kforce,
Inc. |
10,407 |
635,243 |
Korn
Ferry |
29,467 |
1,341,338 |
Legalzoom.com,
Inc. * |
57,977 |
578,031 |
NV5
Global, Inc. * |
6,993 |
659,789 |
Planet
Labs PBC *
(a) |
103,726 |
224,048 |
Sterling
Check Corp. * |
16,418 |
183,553 |
TrueBlue,
Inc. * |
17,055 |
188,799 |
TTEC
Holdings, Inc. |
10,435 |
214,752 |
Upwork,
Inc. * |
68,248 |
713,192 |
Verra
Mobility Corp. * |
93,319 |
1,844,917 |
|
|
12,217,398 |
Real
Estate Management & Development — 1.1% | ||
Anywhere
Real Estate, Inc. * |
60,761 |
283,754 |
Compass,
Inc., Class A * |
173,484 |
343,498 |
Cushman
& Wakefield plc * |
92,447 |
681,334 |
DigitalBridge
Group, Inc. (a) |
78,717 |
1,247,664 |
eXp
World Holdings, Inc. (a) |
42,239 |
560,512 |
Forestar
Group, Inc. * |
9,885 |
234,769 |
Kennedy-Wilson
Holdings, Inc. |
65,163 |
838,648 |
Marcus
& Millichap, Inc. |
13,115 |
376,401 |
Newmark
Group, Inc., Class A |
66,143 |
375,031 |
Opendoor
Technologies, Inc. *
(a) |
311,785 |
592,391 |
Redfin
Corp. *
(a) |
62,683 |
292,103 |
St.
Joe Co. (The) |
19,586 |
913,491 |
|
|
6,739,596 |
Residential
REITs — 0.4% | ||
Apartment
Investment and Management Co.,
Class
A * |
74,841 |
438,568 |
Centerspace |
8,219 |
399,279 |
Elme
Communities |
48,305 |
616,372 |
NexPoint
Residential Trust, Inc. |
12,568 |
339,211 |
Veris
Residential, Inc. |
44,049 |
589,816 |
|
|
2,383,246 |
Retail
REITs — 1.4% | ||
Acadia
Realty Trust |
52,355 |
749,724 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Retail
REITs — continued | ||
Alexander's,
Inc. |
1,176 |
221,076 |
CBL
& Associates Properties, Inc. (a) |
13,576 |
281,430 |
Getty
Realty Corp. |
25,274 |
672,794 |
InvenTrust
Properties Corp. |
37,135 |
932,088 |
Macerich
Co. (The) |
118,383 |
1,150,683 |
Retail
Opportunity Investments Corp. |
69,298 |
813,559 |
RPT
Realty |
43,904 |
473,724 |
Saul
Centers, Inc. |
7,110 |
247,215 |
SITE
Centers Corp. |
98,984 |
1,154,153 |
Tanger
Factory Outlet Centers, Inc. (a) |
57,841 |
1,304,315 |
Urban
Edge Properties |
64,699 |
1,026,126 |
|
|
9,026,887 |
Semiconductors
& Semiconductor Equipment — 1.9% | ||
Ambarella,
Inc. * |
20,468 |
920,855 |
Cohu,
Inc. * |
26,180 |
789,065 |
Credo
Technology Group Holding Ltd. * |
63,133 |
897,751 |
FormFactor,
Inc. * |
42,714 |
1,447,150 |
Ichor
Holdings Ltd. * |
16,090 |
390,343 |
Impinj,
Inc. * |
12,414 |
802,069 |
indie
Semiconductor, Inc., Class A (China) *
(a) |
67,351 |
329,346 |
Kulicke
& Soffa Industries, Inc. (Singapore) |
31,054 |
1,292,157 |
MaxLinear,
Inc. * |
40,544 |
616,269 |
Navitas
Semiconductor Corp. * |
66,379 |
347,826 |
PDF
Solutions, Inc. * |
16,773 |
444,988 |
Photronics,
Inc. * |
34,383 |
631,272 |
Semtech
Corp. * |
35,180 |
491,113 |
SiTime
Corp. * |
9,410 |
939,118 |
Ultra
Clean Holdings, Inc. * |
24,587 |
586,646 |
Veeco
Instruments, Inc. * |
30,985 |
741,781 |
|
|
11,667,749 |
Software
— 7.5% | ||
A10
Networks, Inc. |
38,316 |
416,495 |
ACI
Worldwide, Inc. * |
59,723 |
1,216,558 |
Adeia,
Inc. |
58,710 |
494,925 |
Agilysys,
Inc. * |
11,154 |
956,902 |
Alarm.com
Holdings, Inc. * |
27,444 |
1,403,212 |
Alkami
Technology, Inc. * |
21,765 |
390,682 |
Alteryx,
Inc., Class A * |
34,742 |
1,112,091 |
Amplitude,
Inc., Class A * |
38,976 |
388,201 |
Appfolio,
Inc., Class A * |
10,813 |
2,028,194 |
Appian
Corp., Class A * |
22,886 |
903,082 |
Asana,
Inc., Class A *
(a) |
43,346 |
800,601 |
Aurora
Innovation, Inc. *
(a) |
411,477 |
720,085 |
AvePoint,
Inc. *
(a) |
52,003 |
389,502 |
Braze,
Inc., Class A * |
25,978 |
1,106,143 |
C3.ai,
Inc., Class A *
(a) |
50,560 |
1,233,664 |
Cerence,
Inc. * |
22,183 |
339,622 |
Clear
Secure, Inc., Class A (a) |
46,001 |
773,737 |
Clearwater
Analytics Holdings, Inc., Class A * |
48,404 |
875,144 |
CommVault
Systems, Inc. * |
24,133 |
1,577,092 |
Consensus
Cloud Solutions, Inc. * |
10,051 |
217,001 |
Digital
Turbine, Inc. * |
49,749 |
235,810 |
Domo,
Inc., Class B * |
16,958 |
138,377 |
134
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Software
— continued | ||
E2open
Parent Holdings, Inc. * |
95,049 |
274,692 |
Ebix,
Inc. (a) |
13,431 |
81,795 |
EngageSmart,
Inc. * |
24,850 |
562,853 |
Everbridge,
Inc. * |
22,414 |
461,953 |
EverCommerce,
Inc. * |
11,423 |
109,432 |
Expensify,
Inc., Class A * |
22,950 |
61,277 |
Freshworks,
Inc., Class A * |
87,475 |
1,569,301 |
Gitlab,
Inc., Class A * |
43,930 |
1,901,290 |
HashiCorp,
Inc., Class A * |
55,226 |
1,087,400 |
Intapp,
Inc. * |
14,051 |
480,544 |
InterDigital,
Inc. |
14,526 |
1,093,081 |
Jamf
Holding Corp. *
(a) |
28,279 |
454,161 |
JFrog
Ltd. (Israel) * |
43,384 |
975,706 |
LiveRamp
Holdings, Inc. * |
36,402 |
1,006,879 |
Marathon
Digital Holdings, Inc. *
(a) |
95,846 |
844,403 |
Matterport,
Inc. *
(a) |
129,228 |
263,625 |
MeridianLink,
Inc. * |
11,640 |
191,129 |
Model
N, Inc. * |
19,075 |
459,708 |
N-Able,
Inc. * |
38,139 |
494,281 |
nCino,
Inc. *
(a) |
33,338 |
936,798 |
PagerDuty,
Inc. *
(a) |
50,707 |
1,022,760 |
Progress
Software Corp. |
23,848 |
1,225,310 |
PROS
Holdings, Inc. * |
23,375 |
728,131 |
Q2
Holdings, Inc. * |
32,149 |
965,434 |
Rapid7,
Inc. * |
33,526 |
1,558,624 |
RingCentral,
Inc., Class A * |
46,613 |
1,238,974 |
Riot
Platforms, Inc. *
(a) |
96,823 |
946,929 |
Samsara,
Inc., Class A * |
84,204 |
1,942,586 |
SolarWinds
Corp. * |
28,091 |
258,718 |
Sprinklr,
Inc., Class A * |
57,268 |
778,272 |
Sprout
Social, Inc., Class A *
(a) |
26,645 |
1,153,196 |
Varonis
Systems, Inc. * |
60,301 |
2,028,526 |
Verint
Systems, Inc. * |
35,356 |
665,046 |
Zeta
Global Holdings Corp., Class A * |
82,281 |
641,792 |
Zuora,
Inc., Class A * |
71,023 |
526,280 |
|
|
46,708,006 |
Specialized
REITs — 0.4% | ||
Four
Corners Property Trust, Inc. |
49,814 |
1,061,038 |
Gladstone
Land Corp. |
18,327 |
250,347 |
Outfront
Media, Inc. |
79,876 |
779,590 |
Uniti
Group, Inc. (a) |
131,276 |
603,869 |
|
|
2,694,844 |
Specialty
Retail — 2.9% | ||
Abercrombie
& Fitch Co., Class A * |
27,529 |
1,674,314 |
American
Eagle Outfitters, Inc. |
102,078 |
1,783,303 |
Arko
Corp. |
39,810 |
300,566 |
Boot
Barn Holdings, Inc. * |
16,499 |
1,146,680 |
Buckle,
Inc. (The) |
16,368 |
552,747 |
Caleres,
Inc. |
18,751 |
479,651 |
Camping
World Holdings, Inc., Class A (a) |
23,036 |
385,853 |
Carvana
Co. *
(a) |
52,733 |
1,423,791 |
Guess?,
Inc. (a) |
15,018 |
322,887 |
Leslie's,
Inc. * |
101,195 |
499,903 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Specialty
Retail — continued | ||
Monro,
Inc. |
17,277 |
428,815 |
National
Vision Holdings, Inc. * |
42,984 |
667,971 |
ODP
Corp. (The) * |
18,626 |
836,680 |
Overstock.com,
Inc. * |
24,858 |
387,785 |
Petco
Health & Wellness Co., Inc. *
(a) |
45,386 |
157,036 |
Revolve
Group, Inc. *
(a) |
22,478 |
309,073 |
Sally
Beauty Holdings, Inc. * |
59,268 |
503,778 |
Sleep
Number Corp. *
(a) |
11,607 |
188,846 |
Sonic
Automotive, Inc., Class A |
8,752 |
418,783 |
Upbound
Group, Inc. |
25,246 |
657,911 |
Urban
Outfitters, Inc. * |
31,104 |
1,076,820 |
Victoria's
Secret & Co. *
(a) |
42,430 |
758,648 |
Warby
Parker, Inc., Class A * |
41,248 |
535,399 |
Wayfair,
Inc., Class A *
(a) |
49,639 |
2,115,117 |
Winmark
Corp. |
1,571 |
633,616 |
|
|
18,245,973 |
Technology
Hardware, Storage & Peripherals — 0.4% | ||
Avid
Technology, Inc. * |
18,650 |
503,923 |
Corsair
Gaming, Inc. * |
23,742 |
303,660 |
IonQ,
Inc. *
(a) |
93,592 |
902,227 |
Xerox
Holdings Corp. |
62,215 |
798,841 |
|
|
2,508,651 |
Textiles,
Apparel & Luxury Goods — 1.2% | ||
Carter's,
Inc. |
20,496 |
1,376,511 |
Figs,
Inc., Class A * |
67,178 |
370,151 |
G-III
Apparel Group Ltd. * |
22,315 |
570,148 |
Hanesbrands,
Inc. (a) |
192,431 |
806,286 |
Kontoor
Brands, Inc. |
27,467 |
1,275,842 |
Levi
Strauss & Co., Class A (a) |
54,795 |
749,048 |
Oxford
Industries, Inc. |
8,126 |
685,834 |
Steven
Madden Ltd. |
38,936 |
1,276,712 |
Wolverine
World Wide, Inc. |
43,736 |
352,075 |
|
|
7,462,607 |
Tobacco
— 0.2% | ||
Universal
Corp. |
13,552 |
609,840 |
Vector
Group Ltd. |
72,893 |
749,340 |
|
|
1,359,180 |
Trading
Companies & Distributors — 1.7% | ||
Boise
Cascade Co. |
21,773 |
2,041,219 |
Custom
Truck One Source, Inc. *
(a) |
33,836 |
195,234 |
Distribution
Solutions Group, Inc. * |
5,911 |
178,217 |
FTAI
Aviation Ltd. (a) |
54,858 |
2,063,209 |
Global
Industrial Co. |
7,110 |
227,164 |
GMS,
Inc. * |
22,421 |
1,311,180 |
H&E
Equipment Services, Inc. |
17,608 |
716,998 |
McGrath
RentCorp |
13,470 |
1,355,082 |
NOW,
Inc. * |
58,691 |
646,775 |
Veritiv
Corp. |
7,455 |
1,262,951 |
Xometry,
Inc., Class A *
(a) |
22,415 |
326,138 |
|
|
10,324,167 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
135
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Water
Utilities — 0.3% | ||
Middlesex
Water Co. |
9,757 |
619,862 |
SJW
Group |
15,895 |
993,120 |
|
|
1,612,982 |
Wireless
Telecommunication Services — 0.4% | ||
Gogo,
Inc. * |
33,972 |
356,706 |
Shenandoah
Telecommunications Co. |
27,647 |
654,128 |
Telephone
and Data Systems, Inc. |
53,851 |
979,549 |
United
States Cellular Corp. * |
7,757 |
326,027 |
|
|
2,316,410 |
Total
Common Stocks
(Cost
$766,998,882) |
|
619,810,415 |
INVESTMENTS |
|
|
Short-Term
Investments — 17.2% | ||
Investment
Companies — 0.5% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 5.29% (c)
(d)
(Cost
$3,209,614) |
3,209,614 |
3,209,614 |
Investment
of Cash Collateral from Securities Loaned — 16.7% | ||
JPMorgan
Securities Lending Money Market
Fund
Agency SL Class Shares, 5.53% (c)
(d) |
92,982,408 |
93,001,004 |
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 5.29% (c)
(d) |
11,142,566 |
11,142,566 |
Total
Investment of Cash Collateral from
Securities
Loaned
(Cost
$104,144,270) |
|
104,143,570 |
Total
Short-Term Investments
(Cost
$107,353,884) |
|
107,353,184 |
Total
Investments — 116.6%
(Cost
$874,352,766) |
|
727,163,599 |
Liabilities
in Excess of Other Assets —
(16.6)% |
|
(103,440,712
) |
NET
ASSETS — 100.0% |
|
623,722,887 |
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, 2023. The total value of securities on
loan
at October 31, 2023 is $102,117,546. |
|
(b) |
Security
exempt from registration pursuant to
Regulation
S under the Securities Act of 1933, as
amended.
Regulation S applies to securities offerings
that
are made outside of the United States and do not
involve
direct selling efforts in the United States and
as
such may have restrictions on resale. |
|
(c) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(d) |
The
rate shown is the current yield as of October 31,
2023. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Russell
2000 E-Mini Index |
41 |
12/15/2023 |
USD |
3,419,400 |
(382,230
) |
Abbreviations |
|
USD |
United
States Dollar |
136
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.3% | ||
Aerospace
& Defense — 0.2% | ||
Hexcel
Corp. |
27 |
1,672 |
L3Harris
Technologies, Inc. |
54 |
9,688 |
|
|
11,360 |
Air
Freight & Logistics — 0.2% | ||
CH
Robinson Worldwide, Inc. |
39 |
3,191 |
Expeditors
International of Washington, Inc. |
48 |
5,244 |
United
Parcel Service, Inc., Class B |
34 |
4,803 |
|
|
13,238 |
Automobile
Components — 0.2% | ||
Aptiv
plc * |
86 |
7,499 |
Gentex
Corp. |
76 |
2,180 |
|
|
9,679 |
Automobiles
— 1.7% | ||
Ford
Motor Co. |
134 |
1,307 |
Tesla,
Inc. * |
479 |
96,202 |
|
|
97,509 |
Banks
— 1.8% | ||
Bank
of America Corp. |
1,538 |
40,511 |
Citigroup,
Inc. |
577 |
22,786 |
PNC
Financial Services Group, Inc. (The) |
34 |
3,892 |
US
Bancorp |
63 |
2,008 |
Wells
Fargo & Co. |
857 |
34,083 |
|
|
103,280 |
Beverages
— 1.5% | ||
Brown-Forman
Corp., Class B |
70 |
3,931 |
Constellation
Brands, Inc., Class A |
46 |
10,771 |
Keurig
Dr Pepper, Inc. |
279 |
8,462 |
Monster
Beverage Corp. * |
217 |
11,089 |
PepsiCo,
Inc. |
308 |
50,290 |
|
|
84,543 |
Biotechnology
— 3.1% | ||
AbbVie,
Inc. |
354 |
49,978 |
Alnylam
Pharmaceuticals, Inc. * |
41 |
6,224 |
Amgen,
Inc. |
40 |
10,228 |
Biogen,
Inc. * |
32 |
7,601 |
Gilead
Sciences, Inc. |
364 |
28,589 |
Incyte
Corp. * |
60 |
3,236 |
Ionis
Pharmaceuticals, Inc. * |
44 |
1,948 |
Moderna,
Inc. * |
104 |
7,900 |
Regeneron
Pharmaceuticals, Inc. * |
28 |
21,837 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Biotechnology
— continued | ||
Seagen,
Inc. * |
41 |
8,725 |
Vertex
Pharmaceuticals, Inc. * |
77 |
27,882 |
|
|
174,148 |
Broadline
Retail — 3.1% | ||
Amazon.com,
Inc. * |
1,238 |
164,765 |
eBay,
Inc. |
160 |
6,277 |
Etsy,
Inc. * |
36 |
2,243 |
|
|
173,285 |
Building
Products — 0.5% | ||
Carrier
Global Corp. |
207 |
9,866 |
Hayward
Holdings, Inc. * |
37 |
389 |
Lennox
International, Inc. |
10 |
3,705 |
Masco
Corp. |
70 |
3,646 |
Trane
Technologies plc |
67 |
12,751 |
|
|
30,357 |
Capital
Markets — 4.1% | ||
Ares
Management Corp. |
44 |
4,338 |
Bank
of New York Mellon Corp. (The) |
213 |
9,052 |
BlackRock,
Inc. |
42 |
25,716 |
Blackstone,
Inc. |
11 |
1,016 |
Carlyle
Group, Inc. (The) |
46 |
1,267 |
Charles
Schwab Corp. (The) |
339 |
17,642 |
CME
Group, Inc. |
107 |
22,840 |
FactSet
Research Systems, Inc. |
8 |
3,455 |
Goldman
Sachs Group, Inc. (The) |
93 |
28,236 |
Invesco
Ltd. |
103 |
1,336 |
Jefferies
Financial Group, Inc. |
56 |
1,802 |
KKR
& Co., Inc. |
112 |
6,205 |
Lazard
Ltd., Class A |
14 |
389 |
LPL
Financial Holdings, Inc. |
19 |
4,266 |
MarketAxess
Holdings, Inc. |
8 |
1,710 |
Moody's
Corp. |
45 |
13,860 |
Morgan
Stanley |
313 |
22,167 |
Morningstar,
Inc. |
9 |
2,279 |
MSCI,
Inc. |
19 |
8,959 |
Nasdaq,
Inc. |
100 |
4,960 |
Northern
Trust Corp. |
52 |
3,427 |
Robinhood
Markets, Inc., Class A * |
194 |
1,773 |
S&P
Global, Inc. |
94 |
32,835 |
T.
Rowe Price Group, Inc. |
66 |
5,973 |
Tradeweb
Markets, Inc., Class A |
39 |
3,510 |
XP,
Inc., Class A (Brazil) |
104 |
2,080 |
|
|
231,093 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
137
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Chemicals
— 1.3% | ||
Albemarle
Corp. |
30 |
3,804 |
Ashland,
Inc. |
9 |
690 |
Ecolab,
Inc. |
69 |
11,574 |
Element
Solutions, Inc. |
70 |
1,276 |
FMC
Corp. |
39 |
2,075 |
Huntsman
Corp. |
56 |
1,307 |
International
Flavors & Fragrances, Inc. |
72 |
4,921 |
Linde
plc |
121 |
46,241 |
Mosaic
Co. (The) |
9 |
292 |
Scotts
Miracle-Gro Co. (The) |
12 |
533 |
|
|
72,713 |
Commercial
Services & Supplies — 0.6% | ||
Clean
Harbors, Inc. * |
15 |
2,305 |
MSA
Safety, Inc. |
8 |
1,263 |
RB
Global, Inc. (Canada) |
43 |
2,812 |
Republic
Services, Inc. |
62 |
9,206 |
Stericycle,
Inc. * |
30 |
1,237 |
Tetra
Tech, Inc. |
15 |
2,264 |
Waste
Management, Inc. |
93 |
15,283 |
|
|
34,370 |
Communications
Equipment — 1.4% | ||
Arista
Networks, Inc. * |
75 |
15,028 |
Ciena
Corp. * |
51 |
2,152 |
Cisco
Systems, Inc. |
925 |
48,220 |
F5,
Inc. * |
17 |
2,577 |
Motorola
Solutions, Inc. |
49 |
13,645 |
Viasat,
Inc. * |
30 |
553 |
|
|
82,175 |
Construction
& Engineering — 0.1% | ||
AECOM |
35 |
2,679 |
MasTec,
Inc. * |
14 |
832 |
|
|
3,511 |
Consumer
Finance — 0.7% | ||
Ally
Financial, Inc. |
79 |
1,911 |
American
Express Co. |
171 |
24,971 |
Capital
One Financial Corp. |
109 |
11,041 |
SLM
Corp. |
61 |
793 |
Synchrony
Financial |
129 |
3,618 |
|
|
42,334 |
Consumer
Staples Distribution & Retail — 0.8% | ||
Costco
Wholesale Corp. |
41 |
22,650 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Consumer
Staples Distribution & Retail — continued | ||
Sysco
Corp. |
7 |
466 |
Walmart,
Inc. |
130 |
21,243 |
|
|
44,359 |
Containers
& Packaging — 0.1% | ||
Avery
Dennison Corp. |
23 |
4,004 |
Diversified
REITs — 0.1% | ||
WP
Carey, Inc. |
58 |
3,112 |
Diversified
Telecommunication Services — 0.2% | ||
AT&T,
Inc. |
220 |
3,388 |
Iridium
Communications, Inc. |
39 |
1,445 |
Verizon
Communications, Inc. |
268 |
9,415 |
|
|
14,248 |
Electric
Utilities — 1.2% | ||
Avangrid,
Inc. |
30 |
896 |
Edison
International |
107 |
6,747 |
Eversource
Energy |
97 |
5,218 |
Exelon
Corp. |
300 |
11,682 |
NextEra
Energy, Inc. |
569 |
33,173 |
PG&E
Corp. * |
589 |
9,601 |
|
|
67,317 |
Electrical
Equipment — 0.7% | ||
AMETEK,
Inc. |
71 |
9,995 |
Eaton
Corp. plc |
6 |
1,247 |
Emerson
Electric Co. |
172 |
15,303 |
Generac
Holdings, Inc. * |
24 |
2,018 |
Plug
Power, Inc. * |
198 |
1,166 |
Rockwell
Automation, Inc. |
35 |
9,198 |
Sunrun,
Inc. * |
68 |
656 |
|
|
39,583 |
Electronic
Equipment, Instruments & Components — 0.5% | ||
CDW
Corp. |
39 |
7,816 |
Cognex
Corp. |
48 |
1,728 |
Keysight
Technologies, Inc. * |
52 |
6,347 |
Teledyne
Technologies, Inc. * |
14 |
5,244 |
Trimble,
Inc. * |
73 |
3,440 |
Vontier
Corp. |
52 |
1,537 |
Zebra
Technologies Corp., Class A * |
12 |
2,513 |
|
|
28,625 |
138
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Energy
Equipment & Services — 0.7% | ||
Halliburton
Co. |
327 |
12,864 |
Schlumberger
NV |
494 |
27,496 |
|
|
40,360 |
Entertainment
— 1.9% | ||
Electronic
Arts, Inc. |
80 |
9,903 |
Liberty
Media Corp-Liberty Formula One, Class C * |
60 |
3,881 |
Netflix,
Inc. * |
106 |
43,639 |
Spotify
Technology SA * |
44 |
7,250 |
Take-Two
Interactive Software, Inc. * |
49 |
6,554 |
Walt
Disney Co. (The) * |
435 |
35,492 |
|
|
106,719 |
Financial
Services — 4.8% | ||
Apollo
Global Management, Inc. |
130 |
10,067 |
Berkshire
Hathaway, Inc., Class B * |
158 |
53,930 |
Block,
Inc. * |
157 |
6,319 |
Fidelity
National Information Services, Inc. |
182 |
8,938 |
Fiserv,
Inc. * |
181 |
20,589 |
Global
Payments, Inc. |
74 |
7,860 |
Jack
Henry & Associates, Inc. |
25 |
3,525 |
Mastercard,
Inc., Class A |
167 |
62,851 |
PayPal
Holdings, Inc. * |
337 |
17,457 |
Toast,
Inc., Class A * |
106 |
1,695 |
Visa,
Inc., Class A |
314 |
73,821 |
Voya
Financial, Inc. |
35 |
2,337 |
Western
Union Co. (The) |
121 |
1,366 |
WEX,
Inc. * |
13 |
2,164 |
|
|
272,919 |
Food
Products — 1.1% | ||
Freshpet,
Inc. * |
18 |
1,033 |
General
Mills, Inc. |
177 |
11,548 |
Hershey
Co. (The) |
41 |
7,681 |
J
M Smucker Co. (The) |
26 |
2,960 |
Kraft
Heinz Co. (The) |
239 |
7,519 |
McCormick
& Co., Inc. (Non-Voting) |
78 |
4,984 |
Mondelez
International, Inc., Class A |
405 |
26,815 |
|
|
62,540 |
Gas
Utilities — 0.1% | ||
Atmos
Energy Corp. |
37 |
3,984 |
National
Fuel Gas Co. |
32 |
1,630 |
UGI
Corp. |
66 |
1,373 |
|
|
6,987 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Ground
Transportation — 0.6% | ||
Lyft,
Inc., Class A * |
95 |
871 |
Uber
Technologies, Inc. * |
570 |
24,670 |
Union
Pacific Corp. |
34 |
7,059 |
|
|
32,600 |
Health
Care Equipment & Supplies — 1.9% | ||
Abbott
Laboratories |
130 |
12,291 |
Boston
Scientific Corp. * |
421 |
21,551 |
Dexcom,
Inc. * |
120 |
10,660 |
Edwards
Lifesciences Corp. * |
179 |
11,406 |
Hologic,
Inc. * |
71 |
4,698 |
IDEXX
Laboratories, Inc. * |
24 |
9,587 |
Insulet
Corp. * |
21 |
2,784 |
Intuitive
Surgical, Inc. * |
100 |
26,222 |
Medtronic
plc |
44 |
3,105 |
ResMed,
Inc. |
39 |
5,508 |
Stryker
Corp. |
7 |
1,891 |
|
|
109,703 |
Health
Care Providers & Services — 3.8% | ||
Cencora,
Inc. |
50 |
9,257 |
Cigna
Group (The) |
87 |
26,900 |
CVS
Health Corp. |
376 |
25,948 |
Elevance
Health, Inc. |
66 |
29,706 |
Humana,
Inc. |
33 |
17,282 |
McKesson
Corp. |
41 |
18,670 |
Premier,
Inc., Class A |
39 |
750 |
UnitedHealth
Group, Inc. |
166 |
88,903 |
|
|
217,416 |
Health
Care REITs — 0.1% | ||
Medical
Properties Trust, Inc. |
187 |
894 |
Omega
Healthcare Investors, Inc. |
74 |
2,449 |
|
|
3,343 |
Health
Care Technology — 0.0% ^ | ||
Certara,
Inc. * |
33 |
402 |
Hotels,
Restaurants & Leisure — 2.1% | ||
Airbnb,
Inc., Class A * |
118 |
13,958 |
Booking
Holdings, Inc. * |
8 |
22,317 |
Chipotle
Mexican Grill, Inc. * |
8 |
15,538 |
Expedia
Group, Inc. * |
48 |
4,574 |
McDonald's
Corp. |
172 |
45,093 |
Planet
Fitness, Inc., Class A * |
31 |
1,713 |
Starbucks
Corp. |
42 |
3,874 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
139
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Hotels,
Restaurants & Leisure — continued | ||
Wendy's
Co. (The) |
56 |
1,065 |
Yum!
Brands, Inc. |
84 |
10,152 |
|
|
118,284 |
Household
Durables — 0.1% | ||
PulteGroup,
Inc. |
68 |
5,004 |
Household
Products — 1.8% | ||
Church
& Dwight Co., Inc. |
70 |
6,366 |
Clorox
Co. (The) |
37 |
4,355 |
Colgate-Palmolive
Co. |
244 |
18,329 |
Procter
& Gamble Co. (The) |
469 |
70,364 |
Spectrum
Brands Holdings, Inc. |
12 |
904 |
|
|
100,318 |
Independent
Power and Renewable Electricity Producers — 0.0%
^ | ||
Brookfield
Renewable Corp. |
37 |
842 |
Industrial
Conglomerates — 0.6% | ||
General
Electric Co. |
325 |
35,305 |
Industrial
REITs — 0.5% | ||
Prologis,
Inc. |
272 |
27,404 |
Rexford
Industrial Realty, Inc. |
66 |
2,854 |
|
|
30,258 |
Insurance
— 2.6% | ||
Aflac,
Inc. |
176 |
13,747 |
Allstate
Corp. (The) |
80 |
10,250 |
American
International Group, Inc. |
214 |
13,120 |
Aon
plc, Class A |
60 |
18,564 |
Arch
Capital Group Ltd. * |
17 |
1,474 |
Assurant,
Inc. |
14 |
2,085 |
Assured
Guaranty Ltd. |
23 |
1,435 |
Chubb
Ltd. |
122 |
26,184 |
Everest
Group Ltd. |
12 |
4,747 |
Hartford
Financial Services Group, Inc. (The) |
93 |
6,831 |
Lincoln
National Corp. |
49 |
1,067 |
Marsh
& McLennan Cos., Inc. |
10 |
1,897 |
MetLife,
Inc. |
197 |
11,822 |
Principal
Financial Group, Inc. |
67 |
4,535 |
Progressive
Corp. (The) |
12 |
1,897 |
Prudential
Financial, Inc. |
107 |
9,784 |
RenaissanceRe
Holdings Ltd. (Bermuda) |
11 |
2,415 |
Travelers
Cos., Inc. (The) |
71 |
11,888 |
Unum
Group |
47 |
2,298 |
WR
Berkley Corp. |
61 |
4,113 |
|
|
150,153 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Interactive
Media & Services — 5.0% | ||
Alphabet,
Inc., Class A * |
1,539 |
190,959 |
Match
Group, Inc. * |
86 |
2,976 |
Meta
Platforms, Inc., Class A * |
283 |
85,259 |
Pinterest,
Inc., Class A * |
169 |
5,050 |
ZoomInfo
Technologies, Inc. * |
92 |
1,192 |
|
|
285,436 |
IT
Services — 1.3% | ||
Accenture
plc, Class A |
150 |
44,563 |
Cloudflare,
Inc., Class A * |
79 |
4,478 |
EPAM
Systems, Inc. * |
16 |
3,481 |
Gartner,
Inc. * |
18 |
5,977 |
Globant
SA * |
14 |
2,384 |
International
Business Machines Corp. |
51 |
7,377 |
Okta,
Inc. * |
43 |
2,899 |
Twilio,
Inc., Class A * |
54 |
2,768 |
|
|
73,927 |
Leisure
Products — 0.1% | ||
Hasbro,
Inc. |
44 |
1,987 |
Peloton
Interactive, Inc., Class A * |
94 |
447 |
YETI
Holdings, Inc. * |
33 |
1,403 |
|
|
3,837 |
Life
Sciences Tools & Services — 1.2% | ||
Agilent
Technologies, Inc. |
81 |
8,373 |
Danaher
Corp. |
105 |
20,162 |
ICON
plc * |
24 |
5,855 |
Illumina,
Inc. * |
52 |
5,690 |
IQVIA
Holdings, Inc. * |
49 |
8,861 |
Mettler-Toledo
International, Inc. * |
2 |
1,970 |
Repligen
Corp. * |
20 |
2,691 |
Thermo
Fisher Scientific, Inc. |
30 |
13,343 |
Waters
Corp. * |
17 |
4,055 |
|
|
71,000 |
Machinery
— 2.7% | ||
Caterpillar,
Inc. |
140 |
31,647 |
Deere
& Co. |
78 |
28,498 |
Dover
Corp. |
37 |
4,808 |
Fortive
Corp. |
101 |
6,593 |
Graco,
Inc. |
52 |
3,866 |
IDEX
Corp. |
17 |
3,254 |
Illinois
Tool Works, Inc. |
91 |
20,395 |
Ingersoll
Rand, Inc. |
127 |
7,707 |
Nordson
Corp. |
19 |
4,039 |
140
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Machinery
— continued | ||
Otis
Worldwide Corp. |
122 |
9,420 |
PACCAR,
Inc. |
153 |
12,627 |
Parker-Hannifin
Corp. |
34 |
12,543 |
Xylem,
Inc. |
76 |
7,109 |
|
|
152,506 |
Media
— 0.9% | ||
Comcast
Corp., Class A |
902 |
37,244 |
Fox
Corp., Class A |
111 |
3,373 |
Interpublic
Group of Cos., Inc. (The) |
116 |
3,294 |
Liberty
Media Corp-Liberty SiriusXM * |
73 |
1,792 |
Omnicom
Group, Inc. |
63 |
4,719 |
Sirius
XM Holdings, Inc. |
195 |
835 |
|
|
51,257 |
Metals
& Mining — 0.4% | ||
Freeport-McMoRan,
Inc. |
422 |
14,255 |
Newmont
Corp. |
230 |
8,618 |
Royal
Gold, Inc. |
17 |
1,774 |
|
|
24,647 |
Mortgage
Real Estate Investment Trusts (REITs) — 0.1% | ||
AGNC
Investment Corp. |
181 |
1,336 |
Annaly
Capital Management, Inc. |
143 |
2,232 |
|
|
3,568 |
Multi-Utilities
— 0.6% | ||
CenterPoint
Energy, Inc. |
190 |
5,107 |
Consolidated
Edison, Inc. |
105 |
9,218 |
Public
Service Enterprise Group, Inc. |
152 |
9,371 |
Sempra |
186 |
13,026 |
|
|
36,722 |
Office
REITs — 0.0% ^ | ||
Kilroy
Realty Corp. |
30 |
857 |
Oil,
Gas & Consumable Fuels — 3.6% | ||
Antero
Resources Corp. * |
105 |
3,091 |
Chevron
Corp. |
345 |
50,277 |
ConocoPhillips |
326 |
38,729 |
Exxon
Mobil Corp. |
756 |
80,022 |
Hess
Corp. |
79 |
11,408 |
New
Fortress Energy, Inc. |
19 |
576 |
Targa
Resources Corp. |
72 |
6,020 |
Williams
Cos., Inc. (The) |
361 |
12,418 |
|
|
202,541 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Personal
Care Products — 0.2% | ||
Coty,
Inc., Class A * |
113 |
1,059 |
Estee
Lauder Cos., Inc. (The), Class A |
71 |
9,150 |
|
|
10,209 |
Pharmaceuticals
— 3.6% | ||
Bristol-Myers
Squibb Co. |
515 |
26,538 |
Eli
Lilly & Co. |
158 |
87,521 |
Johnson
& Johnson |
336 |
49,842 |
Merck
& Co., Inc. |
264 |
27,113 |
Pfizer,
Inc. |
490 |
14,974 |
Zoetis,
Inc. |
7 |
1,099 |
|
|
207,087 |
Professional
Services — 1.2% | ||
Automatic
Data Processing, Inc. |
118 |
25,750 |
Booz
Allen Hamilton Holding Corp. |
37 |
4,437 |
Ceridian
HCM Holding, Inc. * |
42 |
2,688 |
Clarivate
plc * |
142 |
906 |
Equifax,
Inc. |
35 |
5,935 |
FTI
Consulting, Inc. * |
10 |
2,123 |
Genpact
Ltd. |
56 |
1,878 |
ManpowerGroup,
Inc. |
15 |
1,050 |
Paychex,
Inc. |
97 |
10,772 |
Robert
Half, Inc. |
35 |
2,617 |
Science
Applications International Corp. |
12 |
1,311 |
TransUnion |
59 |
2,589 |
Verisk
Analytics, Inc. |
39 |
8,867 |
|
|
70,923 |
Real
Estate Management & Development — 0.2% | ||
CBRE
Group, Inc., Class A * |
88 |
6,102 |
Jones
Lang LaSalle, Inc. * |
11 |
1,407 |
Zillow
Group, Inc., Class C * |
64 |
2,320 |
|
|
9,829 |
Residential
REITs — 0.4% | ||
American
Homes 4 Rent, Class A |
93 |
3,045 |
AvalonBay
Communities, Inc. |
37 |
6,132 |
Equity
LifeStyle Properties, Inc. |
52 |
3,422 |
Equity
Residential |
110 |
6,086 |
Essex
Property Trust, Inc. |
15 |
3,209 |
UDR,
Inc. |
94 |
2,990 |
|
|
24,884 |
Retail
REITs — 0.6% | ||
Brixmor
Property Group, Inc. |
89 |
1,850 |
Federal
Realty Investment Trust |
28 |
2,553 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
141
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Retail
REITs — continued | ||
Kimco
Realty Corp. |
177 |
3,175 |
NNN
REIT, Inc. |
53 |
1,925 |
Realty
Income Corp. |
194 |
9,192 |
Regency
Centers Corp. |
57 |
3,435 |
Simon
Property Group, Inc. |
93 |
10,220 |
Spirit
Realty Capital, Inc. |
46 |
1,656 |
|
|
34,006 |
Semiconductors
& Semiconductor Equipment — 5.8% | ||
Advanced
Micro Devices, Inc. * |
400 |
39,400 |
Analog
Devices, Inc. |
6 |
944 |
Applied
Materials, Inc. |
247 |
32,691 |
Broadcom,
Inc. |
41 |
34,496 |
Enphase
Energy, Inc. * |
52 |
4,138 |
First
Solar, Inc. * |
37 |
5,271 |
Intel
Corp. |
282 |
10,293 |
KLA
Corp. |
24 |
11,273 |
Marvell
Technology, Inc. |
252 |
11,899 |
MKS
Instruments, Inc. |
18 |
1,182 |
NVIDIA
Corp. |
388 |
158,226 |
QUALCOMM,
Inc. |
60 |
6,539 |
Texas
Instruments, Inc. |
62 |
8,805 |
Universal
Display Corp. |
11 |
1,531 |
|
|
326,688 |
Software
— 13.2% | ||
Adobe,
Inc. * |
101 |
53,738 |
ANSYS,
Inc. * |
27 |
7,513 |
Atlassian
Corp., Class A * |
38 |
6,864 |
Autodesk,
Inc. * |
64 |
12,648 |
Bentley
Systems, Inc., Class B |
59 |
2,870 |
Cadence
Design Systems, Inc. * |
81 |
19,428 |
Confluent,
Inc., Class A * |
50 |
1,445 |
Dolby
Laboratories, Inc., Class A |
24 |
1,943 |
Dynatrace,
Inc. * |
25 |
1,118 |
Fortinet,
Inc. * |
198 |
11,320 |
Gen
Digital, Inc. |
158 |
2,632 |
Guidewire
Software, Inc. * |
30 |
2,704 |
Intuit,
Inc. |
74 |
36,626 |
Microsoft
Corp. |
1,061 |
358,735 |
New
Relic, Inc. * |
18 |
1,560 |
Nutanix,
Inc., Class A * |
66 |
2,388 |
Oracle
Corp. |
259 |
26,781 |
Palantir
Technologies, Inc., Class A * |
551 |
8,155 |
Palo
Alto Networks, Inc. * |
91 |
22,115 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Software
— continued | ||
Roper
Technologies, Inc. |
29 |
14,168 |
Salesforce,
Inc. * |
197 |
39,563 |
ServiceNow,
Inc. * |
61 |
35,493 |
Splunk,
Inc. * |
48 |
7,064 |
Synopsys,
Inc. * |
45 |
21,125 |
Tyler
Technologies, Inc. * |
12 |
4,475 |
Unity
Software, Inc. * |
87 |
2,207 |
VMware,
Inc., Class A * |
210 |
30,586 |
Workday,
Inc., Class A * |
53 |
11,221 |
|
|
746,485 |
Specialized
REITs — 0.7% | ||
American
Tower Corp. |
5 |
891 |
Crown
Castle, Inc. |
131 |
12,180 |
CubeSmart |
69 |
2,352 |
Extra
Space Storage, Inc. |
54 |
5,594 |
Public
Storage |
41 |
9,787 |
Rayonier,
Inc. |
41 |
1,035 |
SBA
Communications Corp. |
33 |
6,885 |
|
|
38,724 |
Specialty
Retail — 2.1% | ||
AutoZone,
Inc. * |
5 |
12,386 |
CarMax,
Inc. * |
41 |
2,505 |
Floor
& Decor Holdings, Inc., Class A * |
34 |
2,802 |
Home
Depot, Inc. (The) |
205 |
58,362 |
Lithia
Motors, Inc., Class A |
10 |
2,422 |
Lowe's
Cos., Inc. |
35 |
6,670 |
Penske
Automotive Group, Inc. |
6 |
859 |
Ross
Stores, Inc. |
101 |
11,713 |
TJX
Cos., Inc. (The) |
77 |
6,781 |
Tractor
Supply Co. |
31 |
5,969 |
Ulta
Beauty, Inc. * |
11 |
4,194 |
Valvoline,
Inc. |
45 |
1,335 |
Wayfair,
Inc., Class A * |
25 |
1,065 |
Williams-Sonoma,
Inc. |
14 |
2,103 |
|
|
119,166 |
Technology
Hardware, Storage & Peripherals — 6.9% | ||
Apple,
Inc. |
2,295 |
391,917 |
Textiles,
Apparel & Luxury Goods — 1.1% | ||
Capri
Holdings Ltd. * |
39 |
1,996 |
Deckers
Outdoor Corp. * |
7 |
4,179 |
Lululemon
Athletica, Inc. * |
33 |
12,985 |
NIKE,
Inc., Class B |
346 |
35,559 |
Ralph
Lauren Corp. |
14 |
1,575 |
142
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Textiles,
Apparel & Luxury Goods — continued | ||
Tapestry,
Inc. |
72 |
1,984 |
VF
Corp. |
111 |
1,635 |
|
|
59,913 |
Trading
Companies & Distributors — 0.4% | ||
Air
Lease Corp. |
34 |
1,177 |
United
Rentals, Inc. |
20 |
8,125 |
WESCO
International, Inc. |
13 |
1,667 |
WW
Grainger, Inc. |
13 |
9,488 |
|
|
20,457 |
Water
Utilities — 0.2% | ||
American
Water Works Co., Inc. |
61 |
7,176 |
Essential
Utilities, Inc. |
69 |
2,309 |
Veralto
Corp. * |
35 |
2,415 |
|
|
11,900 |
Total
Common Stocks
(Cost
$5,845,776) |
|
5,636,482 |
Short-Term
Investments — 0.2% | ||
Investment
Companies — 0.2% | ||
JPMorgan
U.S. Government Money Market Fund
Class
IM Shares, 5.29% (a)
(b)
(Cost
$10,503) |
10,503 |
10,503 |
Total
Investments — 99.5%
(Cost
$5,856,279) |
|
5,646,985 |
Other
Assets Less Liabilities — 0.5% |
|
26,154 |
NET
ASSETS — 100.0% |
|
5,673,139 |
Percentages
indicated are based on net
assets. |
Abbreviations |
|
REIT |
Real
Estate Investment Trust |
^ |
Amount
rounds to less than 0.1% of net assets. | |
* |
Non-income
producing security.
|
|
(a) |
Investment
in an affiliated fund, which is registered
under
the Investment Company Act of 1940, as
amended,
and is advised by J.P. Morgan Investment
Management
Inc. |
|
(b) |
The
rate shown is the current yield as of October 31,
2023. |
|
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
Micro
E-mini S&P 500 Index |
1 |
12/15/2023 |
USD |
21,050 |
(743
) |
Abbreviations |
|
USD |
United
States Dollar |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
143
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — 99.8% | ||
Brazil
— 8.9% | ||
Alupar
Investimento SA |
28,473 |
158,750 |
Ambev
SA |
434,367 |
1,106,217 |
Auren
Energia SA |
127,466 |
339,286 |
Banco
do Brasil SA |
129,165 |
1,239,195 |
BB
Seguridade Participacoes SA |
140,359 |
854,111 |
Bradespar
SA (Preference) |
105,905 |
469,475 |
Caixa
Seguridade Participacoes S/A |
108,142 |
232,296 |
CCR
SA |
284,174 |
678,061 |
Centrais
Eletricas Brasileiras SA |
25,998 |
178,932 |
Cia
de Saneamento Basico do Estado de Sao
Paulo
SABESP |
57,658 |
667,297 |
Cia
Energetica de Minas Gerais (Preference) |
327,246 |
760,064 |
Cia
Paranaense de Energia (Preference) |
427,523 |
710,595 |
Cielo
SA |
463,100 |
326,078 |
CPFL
Energia SA |
76,104 |
505,825 |
CSN
Mineracao SA |
331,782 |
339,564 |
CTEEP-Cia
de Transmissao de Energia Eletrica
Paulista
(Preference) |
128,446 |
541,884 |
Embraer
SA * |
200,282 |
697,963 |
Engie
Brasil Energia SA |
49,857 |
390,114 |
Gerdau
SA (Preference) |
135,883 |
589,700 |
Hypera
SA |
64,874 |
390,396 |
Itau
Unibanco Holding SA (Preference) |
205,305 |
1,092,137 |
Itausa
SA (Preference) |
384,830 |
660,243 |
M
Dias Branco SA |
21,748 |
139,933 |
Metalurgica
Gerdau SA (Preference) |
176,853 |
362,703 |
Neoenergia
SA |
61,031 |
211,961 |
Petroleo
Brasileiro SA (Preference) |
463,811 |
3,194,953 |
Rumo
SA |
143,560 |
634,691 |
Sao
Martinho SA |
71,966 |
505,728 |
Telefonica
Brasil SA |
85,813 |
768,645 |
TIM
SA |
203,816 |
614,065 |
TOTVS
SA |
21,252 |
106,729 |
Transmissora
Alianca de Energia Eletrica S/A |
79,497 |
534,211 |
Vale
SA |
230,251 |
3,152,522 |
WEG
SA |
133,682 |
873,139 |
|
|
24,027,463 |
Chile
— 1.2% | ||
Banco
de Chile |
5,970,493 |
613,393 |
Banco
Santander Chile |
6,048,872 |
263,717 |
Cencosud
SA |
369,911 |
599,297 |
Cia
Cervecerias Unidas SA |
31,458 |
178,836 |
Cia
Sud Americana de Vapores SA |
6,726,703 |
373,539 |
Colbun
SA |
2,804,233 |
407,131 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Chile
— continued | ||
Embotelladora
Andina SA (Preference),
Class
B |
123,543 |
251,227 |
Empresas
CMPC SA |
13,918 |
24,881 |
Enel
Americas SA * |
3,807,069 |
391,341 |
Enel
Chile SA |
3,750,365 |
222,089 |
|
|
3,325,451 |
China
— 22.8% | ||
3SBio,
Inc. (a) |
309,500 |
275,344 |
Agricultural
Bank of China Ltd., Class A |
1,718,400 |
840,479 |
An
Hui Wenergy Co. Ltd., Class A |
306,900 |
265,001 |
Angang
Steel Co. Ltd., Class H |
309,800 |
68,111 |
Anhui
Conch Cement Co. Ltd., Class H |
500 |
1,244 |
Anhui
Expressway Co. Ltd., Class A |
279,200 |
385,581 |
ANTA
Sports Products Ltd. |
17,600 |
199,047 |
BAIC
Motor Corp. Ltd., Class H (a) |
524,000 |
152,924 |
Bank
of Beijing Co. Ltd., Class A |
572,800 |
355,960 |
Bank
of Changsha Co. Ltd., Class A |
270,700 |
271,020 |
Bank
of China Ltd., Class H |
6,664,000 |
2,327,971 |
Bank
of Communications Co. Ltd., Class A |
926,900 |
710,850 |
Bank
of Shanghai Co. Ltd., Class A |
416,500 |
344,469 |
Baoshan
Iron & Steel Co. Ltd., Class A |
422,100 |
359,881 |
Beijing
Enterprises Holdings Ltd. |
80,500 |
268,215 |
Bosideng
International Holdings Ltd. |
744,000 |
293,753 |
BYD
Electronic International Co. Ltd. |
110,500 |
461,284 |
CGN
Power Co. Ltd., Class H (a) |
2,719,000 |
653,396 |
China
CITIC Bank Corp. Ltd., Class H |
1,835,000 |
818,609 |
China
Coal Energy Co. Ltd., Class H |
469,000 |
368,384 |
China
Communications Services Corp. Ltd.,
Class
H |
774,000 |
316,586 |
China
Construction Bank Corp., Class H |
3,076,000 |
1,739,657 |
China
Everbright Bank Co. Ltd., Class H |
509,000 |
145,191 |
China
Feihe Ltd. (a) |
403,000 |
250,413 |
China
International Marine Containers Group
Co.
Ltd., Class A |
323,200 |
291,350 |
China
Lesso Group Holdings Ltd. |
226,000 |
121,356 |
China
Medical System Holdings Ltd. |
353,000 |
564,482 |
China
Merchants Energy Shipping Co. Ltd.,
Class
A |
320,800 |
280,936 |
China
Merchants Port Group Co. Ltd., Class A |
72,800 |
155,710 |
China
Merchants Port Holdings Co. Ltd. |
304,000 |
386,972 |
China
Minsheng Banking Corp. Ltd., Class H |
792,800 |
263,575 |
China
National Accord Medicines Corp. Ltd.,
Class
A |
43,700 |
171,444 |
China
National Building Material Co. Ltd.,
Class
H |
604,250 |
287,621 |
144
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
China
National Chemical Engineering Co. Ltd.,
Class
A |
133,100 |
126,966 |
China
National Medicines Corp. Ltd., Class A |
65,300 |
255,956 |
China
Petroleum & Chemical Corp., Class H |
1,598,000 |
817,278 |
China
Resources Cement Holdings Ltd. |
128,000 |
32,912 |
China
Resources Pharmaceutical Group
Ltd. (a) |
451,500 |
280,470 |
China
Resources Power Holdings Co. Ltd. |
288,000 |
558,113 |
China
Resources Sanjiu Medical &
Pharmaceutical
Co. Ltd., Class A |
69,500 |
408,345 |
China
Shenhua Energy Co. Ltd., Class H |
426,000 |
1,305,678 |
China
South Publishing & Media Group Co.
Ltd.,
Class A |
320,000 |
493,429 |
China
United Network Communications Ltd.,
Class
A |
738,100 |
448,336 |
China
Yangtze Power Co. Ltd., Class A |
123,000 |
378,187 |
Chinese
Universe Publishing and Media Group
Co.
Ltd., Class A |
257,000 |
404,975 |
Chongqing
Changan Automobile Co. Ltd.,
Class
A |
209,930 |
433,003 |
Chongqing
Rural Commercial Bank Co. Ltd.,
Class
H |
728,000 |
275,607 |
CITIC
Ltd. |
717,000 |
609,406 |
COSCO
SHIPPING Energy Transportation Co.
Ltd.,
Class H |
110,000 |
116,659 |
COSCO
SHIPPING Holdings Co. Ltd., Class H |
569,850 |
579,559 |
COSCO
SHIPPING Ports Ltd. |
354,000 |
213,565 |
CSG
Holding Co. Ltd., Class A |
195,700 |
144,189 |
CSPC
Pharmaceutical Group Ltd. |
264,000 |
230,596 |
Daqin
Railway Co. Ltd., Class A |
384,000 |
377,076 |
Datang
International Power Generation Co.
Ltd.,
Class H |
424,000 |
63,990 |
Dong-E-E-Jiao
Co. Ltd., Class A |
44,500 |
281,364 |
Dongfeng
Motor Group Co. Ltd., Class H |
248,000 |
109,176 |
Dongguan
Development Holdings Co. Ltd.,
Class
A |
189,000 |
232,370 |
ENN
Energy Holdings Ltd. |
94,000 |
712,064 |
Fosun
International Ltd. |
43,076 |
25,809 |
Foxconn
Industrial Internet Co. Ltd., Class A |
161,800 |
324,921 |
Fujian
Sunner Development Co. Ltd., Class A |
77,500 |
189,980 |
G-bits
Network Technology Xiamen Co. Ltd.,
Class
A |
5,600 |
202,876 |
GD
Power Development Co. Ltd., Class A |
831,300 |
412,159 |
Great
Wall Motor Co. Ltd., Class H |
444,500 |
621,363 |
Gree
Electric Appliances, Inc. of Zhuhai,
Class
A |
71,900 |
332,374 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Guangdong
Baolihua New Energy Stock Co.
Ltd.,
Class A |
511,200 |
336,975 |
Guangxi
Guiguan Electric Power Co. Ltd.,
Class
A |
404,400 |
302,025 |
Guangzhou
Baiyunshan Pharmaceutical
Holdings
Co. Ltd., Class H |
72,000 |
191,542 |
Guangzhou
Shiyuan Electronic Technology Co.
Ltd.,
Class A |
20,500 |
117,363 |
Haitian
International Holdings Ltd. |
159,000 |
379,308 |
Heilongjiang
Agriculture Co. Ltd., Class A |
244,700 |
424,679 |
Henan
Shuanghui Investment & Development
Co.
Ltd., Class A |
16,500 |
58,861 |
Hengan
International Group Co. Ltd. |
72,000 |
241,149 |
HLA
Group Corp. Ltd. |
282,700 |
286,458 |
Hopson
Development Holdings Ltd. * |
60,823 |
35,614 |
Huabao
Flavours & Fragrances Co. Ltd.,
Class
A |
58,100 |
176,255 |
Huadian
Power International Corp. Ltd.,
Class
H |
1,004,000 |
403,132 |
Huaibei
Mining Holdings Co. Ltd., Class A |
152,200 |
304,063 |
Huapont
Life Sciences Co. Ltd., Class A |
417,600 |
276,533 |
Huaxia
Bank Co. Ltd., Class A |
453,500 |
346,029 |
Huaxin
Cement Co. Ltd., Class H |
200,500 |
191,205 |
Huayu
Automotive Systems Co. Ltd., Class A |
93,200 |
222,778 |
Hubei
Jumpcan Pharmaceutical Co. Ltd.,
Class
A |
97,900 |
361,493 |
Hunan
Valin Steel Co. Ltd., Class A |
308,200 |
244,730 |
Industrial
& Commercial Bank of China Ltd.,
Class
H |
4,033,000 |
1,932,794 |
Inner
Mongolia Dian Tou Energy Corp. Ltd.,
Class
A |
231,616 |
429,436 |
Inner
Mongolia ERDOS Resources Co. Ltd.,
Class
A |
175,880 |
224,146 |
Inner
Mongolia Yitai Coal Co. Ltd., Class B * |
417,200 |
572,594 |
Jiangling
Motors Corp. Ltd., Class A |
110,400 |
244,998 |
Jiangsu
Expressway Co. Ltd., Class A |
159,700 |
214,241 |
Jiangsu
Financial Leasing Co. Ltd., Class A |
467,700 |
304,598 |
Jiangsu
Hengli Hydraulic Co. Ltd., Class A |
46,456 |
356,341 |
Jiangsu
Phoenix Publishing & Media Corp.
Ltd.,
Class A |
206,300 |
270,013 |
Jiangsu
Yuyue Medical Equipment & Supply
Co.
Ltd., Class A |
76,900 |
352,450 |
Jiangsu
Zhongtian Technology Co. Ltd.,
Class
A |
172,900 |
330,040 |
Joincare
Pharmaceutical Group Industry Co.
Ltd.,
Class A |
168,700 |
272,482 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
145
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Jointo
Energy Investment Co. Ltd. Hebei,
Class
A |
317,300 |
229,659 |
Jointown
Pharmaceutical Group Co. Ltd.,
Class
A |
308,300 |
298,962 |
Joyoung
Co. Ltd., Class A |
51,871 |
94,352 |
JOYY,
Inc., ADR |
6,440 |
250,645 |
Kingboard
Holdings Ltd. |
172,500 |
420,085 |
KingClean
Electric Co. Ltd., Class A |
83,018 |
259,827 |
Kunlun
Energy Co. Ltd. |
420,000 |
349,904 |
Kweichow
Moutai Co. Ltd., Class A |
8,100 |
1,859,288 |
Lao
Feng Xiang Co. Ltd., Class A |
18,200 |
154,253 |
Li
Ning Co. Ltd. |
89,000 |
272,732 |
Livzon
Pharmaceutical Group, Inc., Class A |
54,200 |
258,436 |
Maanshan
Iron & Steel Co. Ltd., Class H |
238,000 |
39,249 |
Metallurgical
Corp. of China Ltd., Class A |
494,400 |
222,968 |
Nanjing
Iron & Steel Co. Ltd., Class A |
620,700 |
321,238 |
New
China Life Insurance Co. Ltd., Class A |
56,500 |
257,347 |
Ningbo
Sanxing Medical Electric Co. Ltd.,
Class
A |
145,600 |
323,626 |
Offshore
Oil Engineering Co. Ltd., Class A |
264,100 |
223,633 |
PetroChina
Co. Ltd., Class A |
395,000 |
383,488 |
Ping
An Insurance Group Co. of China Ltd.,
Class
H |
84,000 |
426,088 |
Postal
Savings Bank of China Co. Ltd., Class A |
540,800 |
336,690 |
Qingdao
Port International Co. Ltd., Class A |
358,900 |
292,784 |
Qinhuangdao
Port Co. Ltd., Class A |
726,900 |
294,031 |
Shaanxi
Coal Industry Co. Ltd., Class A |
235,100 |
577,676 |
Shandong
Buchang Pharmaceuticals Co. Ltd.,
Class
A |
85,600 |
202,257 |
Shandong
Hualu Hengsheng Chemical Co.
Ltd.,
Class A |
98,540 |
431,946 |
Shandong
Publishing & Media Co. Ltd., Class A |
399,800 |
449,723 |
Shandong
Weigao Group Medical Polymer Co.
Ltd.,
Class H |
313,200 |
290,710 |
Shanghai
International Port Group Co. Ltd.,
Class
A |
422,000 |
287,469 |
Shanghai
Mechanical and Electrical Industry
Co.
Ltd., Class A |
138,300 |
235,744 |
Shanghai
Pharmaceuticals Holding Co. Ltd.,
Class
H |
29,400 |
42,771 |
Shanghai
Rural Commercial Bank Co. Ltd.,
Class
A |
370,800 |
301,078 |
Shanghai
Tunnel Engineering Co. Ltd., Class A |
374,000 |
286,919 |
Shanghai
Waigaoqiao Free Trade Zone Group
Co.
Ltd., Class A |
26,000 |
37,959 |
Shanxi
Coal International Energy Group Co.
Ltd.,
Class A |
121,800 |
270,493 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
China
— continued | ||
Shanxi
Coking Coal Energy Group Co. Ltd.,
Class
A |
166,900 |
196,746 |
Shanxi
Lu'an Environmental Energy
Development
Co. Ltd., Class A |
136,300 |
353,411 |
Shenzhen
Jinjia Group Co. Ltd., Class A |
86,300 |
69,111 |
Shenzhen
Mindray Bio-Medical Electronics Co.
Ltd.,
Class A |
14,200 |
553,168 |
Shenzhen
Salubris Pharmaceuticals Co. Ltd.,
Class
A |
68,400 |
303,477 |
Shenzhen
Transsion Holdings Co. Ltd., Class A |
18,820 |
344,700 |
Sichuan
Kelun Pharmaceutical Co. Ltd.,
Class
A |
85,200 |
318,956 |
Sinoma
International Engineering Co., Class A |
130,800 |
175,792 |
Sinopharm
Group Co. Ltd., Class H |
141,200 |
337,649 |
Sinotrans
Ltd., Class A |
394,300 |
235,963 |
Sinotruk
Hong Kong Ltd. |
217,000 |
408,720 |
Skyworth
Digital Co. Ltd., Class A |
110,500 |
181,720 |
Tangshan
Jidong Cement Co. Ltd., Class A |
145,000 |
141,294 |
TangShan
Port Group Co. Ltd., Class A |
1,151,800 |
558,792 |
Tasly
Pharmaceutical Group Co. Ltd., Class A |
151,800 |
306,276 |
Tian
Di Science & Technology Co. Ltd., Class A |
544,200 |
382,510 |
Tianhe
Chemicals Group Ltd. ‡
* |
20,000 |
— |
Triangle
Tyre Co. Ltd., Class A |
136,000 |
276,570 |
Wanxiang
Qianchao Co. Ltd., Class A |
750,300 |
528,714 |
Weichai
Power Co. Ltd., Class A |
203,156 |
384,816 |
Wuliangye
Yibin Co. Ltd., Class A |
32,800 |
696,865 |
Xiamen
C & D, Inc., Class A |
187,300 |
249,445 |
Xinhua
Winshare Publishing and Media Co.
Ltd.,
Class A |
256,700 |
447,505 |
Yangzijiang
Shipbuilding Holdings Ltd. |
659,800 |
699,377 |
Yankuang
Energy Group Co. Ltd., Class H |
476,000 |
826,697 |
Yintai
Gold Co. Ltd., Class A |
221,620 |
408,657 |
Yuexiu
Property Co. Ltd. |
127,400 |
132,516 |
Yunnan
Baiyao Group Co. Ltd., Class A |
30,560 |
211,634 |
Yutong
Bus Co. Ltd., Class A |
168,300 |
312,738 |
Zhejiang
Conba Pharmaceutical Co. Ltd.,
Class
A |
405,300 |
289,248 |
Zhejiang
Expressway Co. Ltd., Class H |
428,000 |
322,171 |
Zhejiang
Hisoar Pharmaceutical Co. Ltd.,
Class
A |
209,900 |
206,115 |
Zhejiang
Sanhua Intelligent Controls Co. Ltd.,
Class
A |
149,480 |
545,268 |
Zhejiang
Semir Garment Co. Ltd., Class A |
339,200 |
282,056 |
Zhejiang
Weixing New Building Materials Co.
Ltd.,
Class A |
93,897 |
210,940 |
146
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
China
— continued | ||
Zhengzhou
Coal Mining Machinery Group Co.
Ltd.,
Class A |
234,300 |
395,261 |
Zhongjin
Gold Corp. Ltd., Class A |
198,100 |
293,528 |
Zhongsheng
Group Holdings Ltd. |
78,500 |
181,280 |
Zijin
Mining Group Co. Ltd., Class H |
404,000 |
624,952 |
Zoomlion
Heavy Industry Science and
Technology
Co. Ltd., Class H |
512,600 |
266,491 |
|
|
61,445,051 |
Colombia
— 0.2% | ||
Bancolombia
SA (Preference) |
64,377 |
412,914 |
Grupo
Aval Acciones y Valores SA
(Preference) |
512,697 |
57,298 |
|
|
470,212 |
Czech
Republic — 0.5% | ||
CEZ
A/S |
24,751 |
1,059,074 |
Moneta
Money Bank A/S (a) |
65,436 |
252,987 |
|
|
1,312,061 |
Egypt
— 0.2% | ||
Commercial
International Bank Egypt SAE |
246,288 |
481,121 |
Greece
— 1.7% | ||
Eurobank
Ergasias Services and Holdings SA * |
213,849 |
349,541 |
Hellenic
Telecommunications Organization SA |
51,347 |
719,700 |
JUMBO
SA |
27,357 |
719,609 |
Motor
Oil Hellas Corinth Refineries SA |
10,042 |
239,072 |
Mytilineos
SA |
22,482 |
832,111 |
National
Bank of Greece SA * |
72,026 |
412,518 |
OPAP
SA |
47,489 |
804,382 |
Piraeus
Financial Holdings SA * |
149,524 |
443,211 |
|
|
4,520,144 |
Hong
Kong — 0.1% | ||
Kingboard
Laminates Holdings Ltd. |
260,000 |
243,826 |
Hungary
— 0.6% | ||
Magyar
Telekom Telecommunications plc |
148,542 |
230,960 |
MOL
Hungarian Oil & Gas plc |
67,395 |
536,252 |
Richter
Gedeon Nyrt. |
32,101 |
752,680 |
|
|
1,519,892 |
India
— 10.9% | ||
Adani
Power Ltd. * |
137,835 |
601,030 |
Aurobindo
Pharma Ltd. |
21,927 |
223,750 |
Bajaj
Auto Ltd. |
13,439 |
857,285 |
Bajaj
Holdings & Investment Ltd. |
1,337 |
111,233 |
Bharat
Petroleum Corp. Ltd. |
58,691 |
246,042 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
India
— continued | ||
Castrol
India Ltd. |
20,465 |
33,469 |
Cipla
Ltd. |
55,028 |
793,236 |
Colgate-Palmolive
India Ltd. |
8,810 |
223,679 |
Dabur
India Ltd. |
69,745 |
443,064 |
Divi's
Laboratories Ltd. |
11,541 |
469,679 |
Dr
Reddy's Laboratories Ltd. |
10,714 |
691,531 |
GAIL
India Ltd. |
107,552 |
154,425 |
Glenmark
Pharmaceuticals Ltd. |
12,915 |
116,057 |
HCL
Technologies Ltd. |
72,636 |
1,114,122 |
Hindalco
Industries Ltd. |
27,922 |
154,123 |
Hindustan
Petroleum Corp. Ltd. * |
29,003 |
86,287 |
Hindustan
Unilever Ltd. |
90,743 |
2,708,078 |
Hindustan
Zinc Ltd. |
19,854 |
70,500 |
ICICI
Lombard General Insurance Co. Ltd. (a) |
3,918 |
64,664 |
Indian
Oil Corp. Ltd. |
145,837 |
157,101 |
Indus
Towers Ltd. * |
117,727 |
243,621 |
Infosys
Ltd. |
253,360 |
4,166,700 |
ITC
Ltd. |
348,413 |
1,793,470 |
Jindal
Steel & Power Ltd. |
28,354 |
215,892 |
Jio
Financial Services Ltd. * |
71,435 |
187,899 |
JSW
Steel Ltd. |
45,206 |
399,986 |
Mphasis
Ltd. |
2,146 |
54,788 |
Nestle
India Ltd. |
3,338 |
971,989 |
NHPC
Ltd. |
346,874 |
209,178 |
NMDC
Ltd. |
157,726 |
292,310 |
NTPC
Ltd. |
278,668 |
789,509 |
Oil
& Natural Gas Corp. Ltd. |
222,604 |
498,096 |
Oil
India Ltd. |
23,861 |
85,748 |
Petronet
LNG Ltd. |
86,821 |
208,107 |
Piramal
Enterprises Ltd. |
7,337 |
85,982 |
Power
Grid Corp. of India Ltd. |
227,348 |
552,169 |
REC
Ltd. |
145,788 |
503,917 |
Reliance
Industries Ltd. |
75,157 |
2,066,651 |
Steel
Authority of India Ltd. |
100,758 |
101,522 |
Sun
Pharmaceutical Industries Ltd. |
49,472 |
646,805 |
Tata
Consultancy Services Ltd. |
59,505 |
2,408,976 |
Tata
Motors Ltd. |
54,668 |
412,908 |
Tata
Power Co. Ltd. (The) |
281,094 |
808,740 |
Tata
Steel Ltd. |
587,213 |
837,945 |
Titan
Co. Ltd. |
16,892 |
647,568 |
Torrent
Power Ltd. |
16,195 |
141,473 |
United
Breweries Ltd. |
3,415 |
66,277 |
UPL
Ltd. |
32,476 |
210,865 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
147
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
India
— continued | ||
Vedanta
Ltd. |
151,324 |
393,795 |
Zydus
Lifesciences Ltd. |
19,138 |
131,873 |
|
|
29,454,114 |
Indonesia
— 4.3% | ||
Adaro
Energy Indonesia Tbk. PT |
4,010,200 |
647,043 |
Astra
International Tbk. PT |
2,557,500 |
930,366 |
Bank
Central Asia Tbk. PT |
3,163,500 |
1,742,837 |
Bank
Mandiri Persero Tbk. PT |
3,425,400 |
1,223,731 |
Bank
Rakyat Indonesia Persero Tbk. PT |
2,286,400 |
714,920 |
Bukit
Asam Tbk. PT |
2,602,500 |
406,308 |
Charoen
Pokphand Indonesia Tbk. PT * |
489,900 |
178,874 |
Gudang
Garam Tbk. PT |
201,500 |
295,242 |
Hanjaya
Mandala Sampoerna Tbk. PT |
4,684,300 |
268,348 |
Indofood
CBP Sukses Makmur Tbk. PT |
717,600 |
467,558 |
Indofood
Sukses Makmur Tbk. PT |
1,393,000 |
583,185 |
Kalbe
Farma Tbk. PT |
5,155,000 |
548,258 |
Perusahaan
Gas Negara Tbk. PT |
5,229,800 |
413,486 |
Sarana
Menara Nusantara Tbk. PT |
5,321,900 |
298,475 |
Sumber
Alfaria Trijaya Tbk. PT |
1,789,600 |
325,587 |
Telkom
Indonesia Persero Tbk. PT |
5,705,600 |
1,250,758 |
Unilever
Indonesia Tbk. PT |
1,505,900 |
343,176 |
United
Tractors Tbk. PT |
297,400 |
470,638 |
Vale
Indonesia Tbk. PT |
447,800 |
139,557 |
XL
Axiata Tbk. PT |
2,591,700 |
370,473 |
|
|
11,618,820 |
Kuwait
— 1.5% | ||
Agility
Public Warehousing Co. KSC * |
79,145 |
134,758 |
Humansoft
Holding Co. KSC |
35,203 |
345,830 |
Kuwait
Finance House KSCP |
423,744 |
937,483 |
Mobile
Telecommunications Co. KSCP |
493,551 |
767,804 |
National
Bank of Kuwait SAKP |
688,495 |
1,951,715 |
|
|
4,137,590 |
Malaysia
— 2.1% | ||
Astro
Malaysia Holdings Bhd. |
664,500 |
57,880 |
Axiata
Group Bhd. |
434,400 |
198,756 |
CELCOMDIGI
Bhd. |
505,700 |
448,969 |
Hong
Leong Financial Group Bhd. |
15,800 |
58,232 |
IHH
Healthcare Bhd. |
104,600 |
131,670 |
Kuala
Lumpur Kepong Bhd. |
37,900 |
174,952 |
Malayan
Banking Bhd. |
72,508 |
137,298 |
Maxis
Bhd. |
628,200 |
522,342 |
Nestle
Malaysia Bhd. |
11,600 |
301,412 |
Petronas
Chemicals Group Bhd. |
372,900 |
575,014 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Malaysia
— continued | ||
Petronas
Gas Bhd. |
185,900 |
671,105 |
PPB
Group Bhd. |
168,460 |
536,724 |
RHB
Bank Bhd. |
155,800 |
182,489 |
Telekom
Malaysia Bhd. |
423,300 |
450,614 |
Tenaga
Nasional Bhd. |
442,800 |
920,080 |
YTL
Corp. Bhd. |
931,100 |
285,619 |
|
|
5,653,156 |
Mexico
— 7.5% | ||
Alfa
SAB de CV, Class A |
1,033,415 |
641,979 |
America
Movil SAB de CV |
2,316,261 |
1,915,550 |
Arca
Continental SAB de CV |
95,785 |
859,510 |
Banco
del Bajio SA (a) |
149,015 |
453,682 |
Cemex
SAB de CV * |
1,564,695 |
936,439 |
Coca-Cola
Femsa SAB de CV |
109,413 |
831,779 |
Controladora
AXTEL SAB de CV * |
1,041,949 |
13,292 |
El
Puerto de Liverpool SAB de CV, Class C1 |
63,546 |
323,528 |
Fibra
Uno Administracion SA de CV, REIT |
628,296 |
955,216 |
Fomento
Economico Mexicano SAB de CV |
76,736 |
867,595 |
Gruma
SAB de CV, Class B |
49,817 |
867,687 |
Grupo
Aeroportuario del Centro Norte SAB de
CV |
71,900 |
551,184 |
Grupo
Aeroportuario del Pacifico SAB de CV,
Class
B |
62,638 |
731,304 |
Grupo
Aeroportuario del Sureste SAB de CV,
Class
B |
37,112 |
802,800 |
Grupo
Bimbo SAB de CV |
291,410 |
1,182,838 |
Grupo
Carso SAB de CV |
65,440 |
419,449 |
Grupo
Financiero Banorte SAB de CV, Class O |
301,399 |
2,441,584 |
Grupo
Mexico SAB de CV |
209,432 |
869,720 |
Kimberly-Clark
de Mexico SAB de CV, Class A |
204,725 |
375,180 |
Megacable
Holdings SAB de CV |
149,728 |
293,576 |
Orbia
Advance Corp. SAB de CV |
327,077 |
530,827 |
Promotora
y Operadora de Infraestructura
SAB
de CV |
63,445 |
522,826 |
Qualitas
Controladora SAB de CV |
45,945 |
379,787 |
Regional
SAB de CV |
56,270 |
426,465 |
Wal-Mart
de Mexico SAB de CV |
561,942 |
2,013,503 |
|
|
20,207,300 |
Pakistan
— 0.1% | ||
Oil
& Gas Development Co. Ltd. |
968,242 |
344,930 |
Philippines
— 0.3% | ||
Globe
Telecom, Inc. |
3,178 |
98,577 |
Manila
Electric Co. |
66,450 |
415,752 |
148
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Philippines
— continued | ||
PLDT,
Inc. |
13,315 |
284,516 |
Puregold
Price Club, Inc. |
38,700 |
18,484 |
|
|
817,329 |
Qatar
— 1.7% | ||
Commercial
Bank PSQC (The) |
170,929 |
240,643 |
Industries
Qatar QSC |
244,480 |
821,293 |
Mesaieed
Petrochemical Holding Co. |
341,971 |
149,589 |
Ooredoo
QPSC |
259,363 |
704,504 |
Qatar
Electricity & Water Co. QSC |
125,261 |
569,128 |
Qatar
Fuel QSC |
63,704 |
259,820 |
Qatar
Gas Transport Co. Ltd. |
745,360 |
720,590 |
Qatar
International Islamic Bank QSC |
51,489 |
130,808 |
Qatar
Islamic Bank SAQ |
123,927 |
592,236 |
Qatar
Navigation QSC |
108,116 |
268,054 |
|
|
4,456,665 |
Romania
— 0.1% | ||
NEPI
Rockcastle NV |
52,593 |
284,052 |
Russia
— 0.1% | ||
Alrosa
PJSC ‡ |
200,448 |
4,122 |
Federal
Grid Co. - Rosseti PJSC ‡
* |
127,925,624 |
2,782 |
Federal
Grid Co. - ROSSETI PUBLIC
JOINT-STOCK
COMPANY ‡
* |
42,872,768 |
839 |
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 |
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 |
|
|
116,731 |
Saudi
Arabia — 4.8% | ||
Abdullah
Al Othaim Markets Co. |
111,481 |
387,351 |
Almarai
Co. JSC |
28,098 |
418,669 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Saudi
Arabia — continued | ||
Arab
National Bank |
29,724 |
188,251 |
Arabian
Centres Co. Ltd. |
24,977 |
133,553 |
Arabian
Internet & Communications Services
Co. |
8,091 |
675,335 |
Dr
Sulaiman Al Habib Medical Services Group
Co. |
15,040 |
1,010,215 |
Elm
Co. |
4,590 |
857,903 |
Etihad
Etisalat Co. |
77,948 |
957,832 |
Mouwasat
Medical Services Co. |
823 |
21,937 |
Riyad
Bank |
12,238 |
86,608 |
SABIC
Agri-Nutrients Co. |
26,240 |
936,848 |
Sahara
International Petrochemical Co. |
59,191 |
509,837 |
Saudi
Airlines Catering Co. |
23,129 |
643,637 |
Saudi
Arabian Mining Co. * |
44,951 |
430,685 |
Saudi
Arabian Oil Co. (a) |
252,784 |
2,245,824 |
Saudi
Cement Co. |
32,869 |
435,398 |
Saudi
Electricity Co. |
141,270 |
670,714 |
Saudi
Investment Bank (The) |
83,305 |
326,543 |
Saudi
Telecom Co. |
160,430 |
1,643,464 |
Yanbu
Cement Co. |
48,093 |
413,423 |
|
|
12,994,027 |
South
Africa — 3.1% | ||
African
Rainbow Minerals Ltd. |
41,439 |
341,473 |
Anglo
American Platinum Ltd. |
5,753 |
192,217 |
Aspen
Pharmacare Holdings Ltd. |
19,632 |
178,323 |
Bid
Corp. Ltd. |
26,791 |
568,364 |
Bidvest
Group Ltd. (The) |
65,761 |
930,833 |
Exxaro
Resources Ltd. |
57,833 |
580,464 |
Impala
Platinum Holdings Ltd. |
101,100 |
421,141 |
Investec
Ltd. |
63,757 |
348,829 |
MTN
Group Ltd. |
216,340 |
1,056,076 |
MultiChoice
Group * |
97,927 |
366,803 |
Nedbank
Group Ltd. |
65,051 |
700,055 |
Pepkor
Holdings Ltd. (a) |
115,266 |
105,139 |
Shoprite
Holdings Ltd. |
27,772 |
355,884 |
Sibanye
Stillwater Ltd. |
246,224 |
314,072 |
Tiger
Brands Ltd. |
48,526 |
449,261 |
Vodacom
Group Ltd. |
115,558 |
629,082 |
Woolworths
Holdings Ltd. |
213,085 |
793,345 |
|
|
8,331,361 |
Taiwan
— 11.4% | ||
Accton
Technology Corp. |
78,000 |
1,208,553 |
Asia
Cement Corp. |
153,000 |
188,936 |
Capital
Securities Corp. |
773,000 |
340,713 |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
149
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Taiwan
— continued | ||
Catcher
Technology Co. Ltd. |
86,000 |
482,451 |
Cheng
Shin Rubber Industry Co. Ltd. |
551,000 |
752,965 |
Chicony
Electronics Co. Ltd. |
58,551 |
225,407 |
China
Airlines Ltd. |
888,000 |
532,317 |
China
Motor Corp. |
143,000 |
383,403 |
China
Steel Corp. |
256,000 |
190,990 |
Chunghwa
Telecom Co. Ltd. |
451,000 |
1,613,021 |
CTBC
Financial Holding Co. Ltd. |
2,225,395 |
1,675,952 |
E.Sun
Financial Holding Co. Ltd. |
1,335,244 |
983,860 |
Eclat
Textile Co. Ltd. |
31,000 |
493,404 |
Eva
Airways Corp. |
534,000 |
452,840 |
Evergreen
Marine Corp. Taiwan Ltd. |
151,800 |
505,157 |
Far
Eastern New Century Corp. |
510,000 |
464,667 |
Far
EasTone Telecommunications Co. Ltd. |
288,000 |
674,619 |
Feng
TAY Enterprise Co. Ltd. |
88,960 |
491,221 |
First
Financial Holding Co. Ltd. |
1,286,087 |
1,029,058 |
Formosa
Chemicals & Fibre Corp. |
313,000 |
588,902 |
Formosa
Taffeta Co. Ltd. |
294,000 |
228,679 |
Fubon
Financial Holding Co. Ltd. |
277,444 |
515,933 |
Hotai
Motor Co. Ltd. |
9,360 |
174,650 |
Largan
Precision Co. Ltd. |
16,000 |
1,024,750 |
Lite-On
Technology Corp. |
297,000 |
924,713 |
Mega
Financial Holding Co. Ltd. |
1,319,101 |
1,496,829 |
Nan
Ya Plastics Corp. |
661,000 |
1,264,706 |
Nien
Made Enterprise Co. Ltd. |
55,000 |
486,604 |
Novatek
Microelectronics Corp. |
17,000 |
239,412 |
Pou
Chen Corp. |
684,000 |
609,692 |
President
Chain Store Corp. |
107,000 |
851,116 |
SinoPac
Financial Holdings Co. Ltd. |
1,976,500 |
1,090,071 |
Taiwan
Cooperative Financial Holding Co. Ltd. |
1,214,609 |
943,225 |
Taiwan
Fertilizer Co. Ltd. |
319,000 |
584,492 |
Taiwan
Mobile Co. Ltd. |
311,000 |
919,088 |
Taiwan
Semiconductor Manufacturing Co. Ltd. |
176,000 |
2,874,523 |
Uni-President
Enterprises Corp. |
630,000 |
1,321,708 |
Yang
Ming Marine Transport Corp. |
224,000 |
291,957 |
Yuanta
Financial Holding Co. Ltd. |
1,723,746 |
1,295,080 |
Yulon
Motor Co. Ltd. |
143,000 |
328,410 |
|
|
30,744,074 |
Thailand
— 3.7% | ||
Advanced
Info Service PCL |
177,400 |
1,086,559 |
Bangkok
Bank PCL |
110,100 |
481,555 |
Bangkok
Dusit Medical Services PCL, Class F |
1,174,700 |
865,112 |
Banpu
PCL |
1,889,100 |
399,323 |
Bumrungrad
Hospital PCL |
91,000 |
657,703 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
Thailand
— continued | ||
Central
Retail Corp. PCL, NVDR |
421,400 |
430,978 |
CP
ALL PCL, NVDR |
210,200 |
323,050 |
CP
Axtra PCL, NVDR |
143,000 |
112,433 |
Digital
Telecommunications Infrastructure
Fund,
Class F |
1,404,100 |
314,475 |
Electricity
Generating PCL |
93,600 |
317,731 |
Home
Product Center PCL |
1,210,500 |
400,776 |
Intouch
Holdings PCL, NVDR |
255,500 |
504,681 |
Krung
Thai Bank PCL |
1,516,900 |
793,133 |
Minor
International PCL, NVDR |
588,300 |
458,451 |
Osotspa
PCL, NVDR |
299,800 |
196,048 |
PTT
Exploration & Production PCL |
235,500 |
1,075,489 |
PTT
PCL, NVDR |
301,800 |
279,344 |
Ratch
Group PCL |
356,600 |
319,937 |
Thai
Oil PCL |
270,100 |
353,643 |
Thai
Union Group PCL, Class F |
394,300 |
148,097 |
TMBThanachart
Bank PCL, NVDR |
9,155,600 |
425,314 |
True
Corp. PCL, NVDR |
671,100 |
113,179 |
|
|
10,057,011 |
Turkey
— 9.3% | ||
AG
Anadolu Grubu Holding A/S |
79,653 |
577,725 |
Akbank
TAS |
773,722 |
804,889 |
Akcansa
Cimento A/S |
80,882 |
481,535 |
Aksa
Enerji Uretim A/S |
267,752 |
331,295 |
Alarko
Holding A/S |
129,773 |
464,142 |
Alfa
Solar Enerji Sanayi ve Ticaret A/S |
102,854 |
451,451 |
Anadolu
Efes Biracilik ve Malt Sanayii A/S |
153,159 |
540,019 |
Aselsan
Elektronik Sanayi ve Ticaret A/S |
487,327 |
711,392 |
Aygaz
A/S |
73,366 |
355,959 |
Bera
Holding AS |
561,607 |
339,313 |
BIM
Birlesik Magazalar A/S |
94,894 |
911,436 |
Cimsa
Cimento Sanayi ve Ticaret A/S |
529,094 |
686,794 |
Coca-Cola
Icecek A/S |
42,393 |
551,505 |
Dogan
Sirketler Grubu Holding A/S |
1,158,351 |
559,557 |
Dogus
Otomotiv Servis ve Ticaret A/S |
58,087 |
509,711 |
EGE
Endustri ve Ticaret A/S |
782 |
244,663 |
EIS
Eczacibasi Ilac ve Sinai ve Finansal
Yatirimlar
Sanayi ve Ticaret A/S |
297,272 |
460,616 |
Emlak
Konut Gayrimenkul Yatirim Ortakligi
A/S,
REIT |
923,902 |
214,017 |
Enerjisa
Enerji A/S (a) |
306,157 |
525,646 |
Enka
Insaat ve Sanayi A/S |
466,018 |
499,985 |
Ford
Otomotiv Sanayi A/S |
21,572 |
598,959 |
Haci
Omer Sabanci Holding A/S |
317,512 |
599,836 |
150
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
INVESTMENTS |
SHARES |
VALUE($) |
Common
Stocks — continued | ||
Turkey
— continued | ||
Is
Yatirim Menkul Degerler A/S |
315,634 |
472,795 |
Kimteks
Poliuretan Sanayi ve Ticaret A/S |
136,349 |
349,067 |
KOC
Holding A/S |
176,154 |
852,071 |
Kontrolmatik
Enerji ve Muhendislik A/S |
48,008 |
445,001 |
Koza
Altin Isletmeleri A/S |
581,802 |
451,155 |
Koza
Anadolu Metal Madencilik Isletmeleri
A/S * |
244,416 |
454,347 |
Mavi
Giyim Sanayi ve Ticaret A/S, Class B (a) |
111,064 |
374,537 |
Migros
Ticaret A/S |
50,321 |
600,065 |
MLP
Saglik Hizmetleri A/S *
(a) |
93,795 |
506,414 |
Nuh
Cimento Sanayi A/S |
28,239 |
341,031 |
ODAS
Elektrik Uretim ve Sanayi Ticaret A/S * |
940,653 |
392,281 |
Otokar
Otomotiv ve Savunma Sanayi AS * |
6,377 |
89,960 |
Oyak
Cimento Fabrikalari A/S * |
255,947 |
644,855 |
Pegasus
Hava Tasimaciligi A/S * |
15,103 |
375,985 |
Qua
Granite Hayal * |
129,792 |
25,299 |
Sok
Marketler Ticaret A/S |
214,858 |
454,177 |
Tekfen
Holding A/S |
236,716 |
341,375 |
Tofas
Turk Otomobil Fabrikasi A/S |
64,016 |
544,105 |
Torunlar
Gayrimenkul Yatirim Ortakligi A/S,
REIT |
187,680 |
222,014 |
Turk
Hava Yollari AO * |
105,510 |
809,602 |
Turk
Telekomunikasyon A/S * |
623,457 |
422,914 |
Turk
Traktor ve Ziraat Makineleri A/S |
18,512 |
473,794 |
Turkcell
Iletisim Hizmetleri A/S * |
362,005 |
613,584 |
Turkiye
Is Bankasi A/S, Class C |
973,890 |
723,906 |
Turkiye
Petrol Rafinerileri A/S |
149,464 |
749,866 |
Turkiye
Sise ve Cam Fabrikalari A/S |
352,985 |
591,418 |
Ulker
Biskuvi Sanayi A/S * |
166,786 |
426,988 |
Yapi
ve Kredi Bankasi A/S |
1,210,834 |
738,988 |
Zorlu
Enerji Elektrik Uretim A/S * |
1,253,768 |
234,645 |
|
|
25,142,684 |
United
Arab Emirates — 2.4% | ||
Abu
Dhabi Commercial Bank PJSC |
422,811 |
924,359 |
Abu
Dhabi Islamic Bank PJSC |
216,476 |
607,052 |
Abu
Dhabi Ports Co. PJSC * |
348,321 |
566,152 |
Air
Arabia PJSC |
700,630 |
499,769 |
Aldar
Properties PJSC |
587,072 |
831,139 |
Dubai
Islamic Bank PJSC |
432,843 |
636,362 |
Emirates
Telecommunications Group Co. PJSC |
180,576 |
907,551 |
Multiply
Group PJSC * |
810,488 |
751,005 |
National
Marine Dredging Co. * |
68,712 |
406,323 |
Salik
Co. PJSC |
351,528 |
305,302 |
|
|
6,435,014 |
INVESTMENTS |
SHARES |
VALUE($) |
| ||
United
States — 0.3% | ||
JBS
SA |
172,128 |
685,200 |
Total
Common Stocks
(Cost
$271,012,781) |
|
268,825,279 |
Total
Investments — 99.8%
(Cost
$271,012,781) |
|
268,825,279 |
Other
Assets Less Liabilities — 0.2% |
|
673,623 |
NET
ASSETS — 100.0% |
|
269,498,902 |
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 |
‡ |
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. |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
151
|
INDUSTRY |
PERCENT
OF
TOTAL
INVESTMENTS |
Banks |
16.3
% |
Oil,
Gas & Consumable Fuels |
8.2 |
Metals
& Mining |
5.3 |
Wireless
Telecommunication Services |
4.5 |
Food
Products |
3.8 |
Electric
Utilities |
3.6 |
Diversified
Telecommunication Services |
3.5 |
IT
Services |
3.5 |
Industrial
Conglomerates |
3.4 |
Pharmaceuticals |
3.3 |
Beverages |
3.0 |
Transportation
Infrastructure |
2.9 |
Independent
Power and Renewable Electricity Producers |
2.8 |
Consumer
Staples Distribution & Retail |
2.8 |
Chemicals |
2.5 |
Machinery |
1.9 |
Construction
Materials |
1.8 |
Automobiles |
1.8 |
Health
Care Providers & Services |
1.7 |
Personal
Care Products |
1.5 |
Textiles,
Apparel & Luxury Goods |
1.5 |
Semiconductors
& Semiconductor Equipment |
1.3 |
Specialty
Retail |
1.1 |
Gas
Utilities |
1.1 |
Financial
Services |
1.1 |
Media |
1.0 |
Insurance |
1.0 |
Passenger
Airlines |
1.0 |
Others
(each less than 1.0%) |
12.8 |
DESCRIPTION |
NUMBER
OF
CONTRACTS |
EXPIRATION
DATE |
TRADING
CURRENCY |
NOTIONAL
AMOUNT
($) |
VALUE
AND
UNREALIZED
APPRECIATION
(DEPRECIATION)
($) |
Long
Contracts |
|
|
|
|
|
MSCI
Emerging Markets E-Mini Index |
12 |
12/15/2023 |
USD |
551,280 |
(24,505
) |
152
|
J.P.
Morgan Exchange-Traded Funds
|
October
31, 2023
|
Abbreviations |
|
MSCI |
Morgan
Stanley Capital International |
USD |
United
States Dollar |
October
31, 2023
|
J.P.
Morgan Exchange-Traded Funds
|
153
|