# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-26-007431
**Filing Date:** 2026-3
**Character Count:** 164397
**Document Hash:** fc57361c10dc2e390bf29736ffef160f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007431.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007431

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 26805575

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### JPMorgan U.S. Quality Factor ETF (Series ID: S000059315)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000194674 | JPMorgan U.S. Quality Factor ETF | JQUA            |

## Nport-Ex

**JPMorgan U.S. Quality Factor ETF**

**Schedule of Portfolio Investments as of January 31, 2026**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS" <br> LIST ("the List") IS TO BE USED FOR REPORTING PURPOSES <br> ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS <br> ADVERTISING OR SALES LITERATURE WITH THE GENERAL <br> PUBLIC. The list is submitted for the general information of the <br> shareholders of the Fund. It is not authorized for distribution to <br> prospective investors in the Fund unless preceded or accompanied by a <br> prospectus. The list has been created from the books and records of <br> the Fund. Holdings are available 60 days after the fund's fiscal quarter, <br> using a trade date accounting convention, by contacting the appropriate <br> service center. The list is subject to change without notice. The list is <br> for informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2026. |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — 99.8%** | **Common Stocks — 99.8%** | **Common Stocks — 99.8%** |
| **Aerospace & Defense — 0.6%** | **Aerospace & Defense — 0.6%** | **Aerospace & Defense — 0.6%** |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 69669 | &nbsp;&nbsp;&nbsp;&nbsp; 44185473 |
| **Automobiles & Parts — 0.0% ^** | **Automobiles & Parts — 0.0% ^** | **Automobiles & Parts — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 93720 | &nbsp;&nbsp;&nbsp;&nbsp; 2156497 |
| **Banks — 0.2%** | **Banks — 0.2%** | **Banks — 0.2%** |
| &nbsp;&nbsp;&nbsp; Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 228037 | &nbsp;&nbsp;&nbsp;&nbsp; 12003868 |
| **Beverages — 0.4%** | **Beverages — 0.4%** | **Beverages — 0.4%** |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 352803 | &nbsp;&nbsp;&nbsp;&nbsp; 28492370 |
| **Chemicals — 1.1%** | **Chemicals — 1.1%** | **Chemicals — 1.1%** |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 226825 | &nbsp;&nbsp;&nbsp;&nbsp; 21146895 |
| &nbsp;&nbsp;&nbsp; Linde plc | &nbsp;&nbsp;&nbsp;&nbsp; 138320 | &nbsp;&nbsp;&nbsp;&nbsp; 63208090 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 84354985 |
| **Construction & Materials — 1.4%** | **Construction & Materials — 1.4%** | **Construction & Materials — 1.4%** |
| &nbsp;&nbsp;&nbsp; A O Smith Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 132542 | &nbsp;&nbsp;&nbsp;&nbsp; 9740512 |
| &nbsp;&nbsp;&nbsp; Acuity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46863 | &nbsp;&nbsp;&nbsp;&nbsp; 14491914 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 77742 | &nbsp;&nbsp;&nbsp;&nbsp; 11819894 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45985 | &nbsp;&nbsp;&nbsp;&nbsp; 15675827 |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 39538 | &nbsp;&nbsp;&nbsp;&nbsp; 8058240 |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 32980 | &nbsp;&nbsp;&nbsp;&nbsp; 23769675 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54739 | &nbsp;&nbsp;&nbsp;&nbsp; 4583844 |
| &nbsp;&nbsp;&nbsp; Trane Technologies plc | &nbsp;&nbsp;&nbsp;&nbsp; 11937 | &nbsp;&nbsp;&nbsp;&nbsp; 5020463 |
| &nbsp;&nbsp;&nbsp; Watsco, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 34307 | &nbsp;&nbsp;&nbsp;&nbsp; 13257940 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 106418309 |
| **Consumer Services — 1.1%** | **Consumer Services — 1.1%** | **Consumer Services — 1.1%** |
| &nbsp;&nbsp;&nbsp; Copart, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 465059 | &nbsp;&nbsp;&nbsp;&nbsp; 18872094 |
| &nbsp;&nbsp;&nbsp; eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 262866 | &nbsp;&nbsp;&nbsp;&nbsp; 23978637 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 80630 | &nbsp;&nbsp;&nbsp;&nbsp; 14016719 |
| &nbsp;&nbsp;&nbsp; H&R Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 278028 | &nbsp;&nbsp;&nbsp;&nbsp; 10968205 |
| &nbsp;&nbsp;&nbsp; Rollins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 304092 | &nbsp;&nbsp;&nbsp;&nbsp; 19261187 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 87096842 |
| **Electricity — 0.8%** | **Electricity — 0.8%** | **Electricity — 0.8%** |
| &nbsp;&nbsp;&nbsp; Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 163703 | &nbsp;&nbsp;&nbsp;&nbsp; 17455651 |
| &nbsp;&nbsp;&nbsp; Evergy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 168882 | &nbsp;&nbsp;&nbsp;&nbsp; 12958316 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 132251 | &nbsp;&nbsp;&nbsp;&nbsp; 20185470 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 171588 | &nbsp;&nbsp;&nbsp;&nbsp; 7494964 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 58094401 |
| **Electronic & Electrical Equipment — 1.0%** | **Electronic & Electrical Equipment — 1.0%** | **Electronic & Electrical Equipment — 1.0%** |
| &nbsp;&nbsp;&nbsp; Crane Co. | &nbsp;&nbsp;&nbsp;&nbsp; 33168 | &nbsp;&nbsp;&nbsp;&nbsp; 6057804 |
| &nbsp;&nbsp;&nbsp; Donaldson Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 151692 | &nbsp;&nbsp;&nbsp;&nbsp; 15463482 |
| &nbsp;&nbsp;&nbsp; IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 64798 | &nbsp;&nbsp;&nbsp;&nbsp; 12865643 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 98510 | &nbsp;&nbsp;&nbsp;&nbsp; 21310668 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15008 | &nbsp;&nbsp;&nbsp;&nbsp; 20609586 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 76307183 |
| **Finance & Credit Services — 1.1%** | **Finance & Credit Services — 1.1%** | **Finance & Credit Services — 1.1%** |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36996 | &nbsp;&nbsp;&nbsp;&nbsp; 9410302 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Finance & Credit Services — continued** | **Finance & Credit Services — continued** | **Finance & Credit Services — continued** |
| &nbsp;&nbsp;&nbsp; Moody's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 63469 | &nbsp;&nbsp;&nbsp;&nbsp; 32722078 |
| &nbsp;&nbsp;&nbsp; S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 81468 | &nbsp;&nbsp;&nbsp;&nbsp; 42997996 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 85130376 |
| **Food Producers — 0.2%** | **Food Producers — 0.2%** | **Food Producers — 0.2%** |
| &nbsp;&nbsp;&nbsp; Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 116462 | &nbsp;&nbsp;&nbsp;&nbsp; 13754162 |
| **Gas, Water & Multi-utilities — 0.8%** | **Gas, Water & Multi-utilities — 0.8%** | **Gas, Water & Multi-utilities — 0.8%** |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp; 189367 | &nbsp;&nbsp;&nbsp;&nbsp; 15859487 |
| &nbsp;&nbsp;&nbsp; UGI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 445265 | &nbsp;&nbsp;&nbsp;&nbsp; 17859579 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 211542 | &nbsp;&nbsp;&nbsp;&nbsp; 23411353 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 57130419 |
| **General Industrials — 1.2%** | **General Industrials — 1.2%** | **General Industrials — 1.2%** |
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 81978 | &nbsp;&nbsp;&nbsp;&nbsp; 59546360 |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 118662 | &nbsp;&nbsp;&nbsp;&nbsp; 31001634 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 90547994 |
| **Health Care Providers — 0.3%** | **Health Care Providers — 0.3%** | **Health Care Providers — 0.3%** |
| &nbsp;&nbsp;&nbsp; Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 28609 | &nbsp;&nbsp;&nbsp;&nbsp; 12220048 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 94235 | &nbsp;&nbsp;&nbsp;&nbsp; 10303655 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22523703 |
| **Household Goods & Home Construction — 0.2%** | **Household Goods & Home Construction — 0.2%** | **Household Goods & Home Construction — 0.2%** |
| &nbsp;&nbsp;&nbsp; NVR, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1954 | &nbsp;&nbsp;&nbsp;&nbsp; 14920216 |
| **Industrial Engineering — 0.6%** | **Industrial Engineering — 0.6%** | **Industrial Engineering — 0.6%** |
| &nbsp;&nbsp;&nbsp; Graco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 164374 | &nbsp;&nbsp;&nbsp;&nbsp; 14354781 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 70673 | &nbsp;&nbsp;&nbsp;&nbsp; 18753081 |
| &nbsp;&nbsp;&nbsp; Snap-on, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31101 | &nbsp;&nbsp;&nbsp;&nbsp; 11386387 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 44494249 |
| **Industrial Metals & Mining — 0.5%** | **Industrial Metals & Mining — 0.5%** | **Industrial Metals & Mining — 0.5%** |
| &nbsp;&nbsp;&nbsp; Fastenal Co. | &nbsp;&nbsp;&nbsp;&nbsp; 174104 | &nbsp;&nbsp;&nbsp;&nbsp; 7549149 |
| &nbsp;&nbsp;&nbsp; Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13614 | &nbsp;&nbsp;&nbsp;&nbsp; 4485813 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp. (Mexico) | &nbsp;&nbsp;&nbsp;&nbsp; 124475 | &nbsp;&nbsp;&nbsp;&nbsp; 23690082 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 35725044 |
| **Industrial Support Services — 5.9%** | **Industrial Support Services — 5.9%** | **Industrial Support Services — 5.9%** |
| &nbsp;&nbsp;&nbsp; Accenture plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 190591 | &nbsp;&nbsp;&nbsp;&nbsp; 50247411 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 137292 | &nbsp;&nbsp;&nbsp;&nbsp; 33886411 |
| &nbsp;&nbsp;&nbsp; Cintas Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 145681 | &nbsp;&nbsp;&nbsp;&nbsp; 27881887 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 142538 | &nbsp;&nbsp;&nbsp;&nbsp; 5580363 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 90329 | &nbsp;&nbsp;&nbsp;&nbsp; 16187860 |
| &nbsp;&nbsp;&nbsp; Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 200170 | &nbsp;&nbsp;&nbsp;&nbsp; 107849594 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 111836 | &nbsp;&nbsp;&nbsp;&nbsp; 9432248 |
| &nbsp;&nbsp;&nbsp; Paychex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 170245 | &nbsp;&nbsp;&nbsp;&nbsp; 17557367 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 97726 | &nbsp;&nbsp;&nbsp;&nbsp; 21251496 |
| &nbsp;&nbsp;&nbsp; Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 406656 | &nbsp;&nbsp;&nbsp;&nbsp; 130874100 |
| &nbsp;&nbsp;&nbsp; WW Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22406 | &nbsp;&nbsp;&nbsp;&nbsp; 24197136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 444945873 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Industrial Transportation — 1.2%** | **Industrial Transportation — 1.2%** | **Industrial Transportation — 1.2%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 141336 | &nbsp;&nbsp;&nbsp;&nbsp; 15363223 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 111401 | &nbsp;&nbsp;&nbsp;&nbsp; 17884316 |
| &nbsp;&nbsp;&nbsp; Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 76560 | &nbsp;&nbsp;&nbsp;&nbsp; 11435002 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 192043 | &nbsp;&nbsp;&nbsp;&nbsp; 45149309 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 21448 | &nbsp;&nbsp;&nbsp;&nbsp; 2278207 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 92110057 |
| **Investment Banking & Brokerage Services — 4.2%** | **Investment Banking & Brokerage Services — 4.2%** | **Investment Banking & Brokerage Services — 4.2%** |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49136 | &nbsp;&nbsp;&nbsp;&nbsp; 25904008 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc., Class B \* | &nbsp;&nbsp;&nbsp;&nbsp; 295265 | &nbsp;&nbsp;&nbsp;&nbsp; 141883690 |
| &nbsp;&nbsp;&nbsp; Blackrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42872 | &nbsp;&nbsp;&nbsp;&nbsp; 47971196 |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 83300 | &nbsp;&nbsp;&nbsp;&nbsp; 16419263 |
| &nbsp;&nbsp;&nbsp; Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 78605 | &nbsp;&nbsp;&nbsp;&nbsp; 20835041 |
| &nbsp;&nbsp;&nbsp; CME Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65479 | &nbsp;&nbsp;&nbsp;&nbsp; 18927360 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 172012 | &nbsp;&nbsp;&nbsp;&nbsp; 29892245 |
| &nbsp;&nbsp;&nbsp; Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28874 | &nbsp;&nbsp;&nbsp;&nbsp; 2797602 |
| &nbsp;&nbsp;&nbsp; SEI Investments Co. | &nbsp;&nbsp;&nbsp;&nbsp; 191779 | &nbsp;&nbsp;&nbsp;&nbsp; 16847785 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 321478190 |
| **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** |
| &nbsp;&nbsp;&nbsp; Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 127401 | &nbsp;&nbsp;&nbsp;&nbsp; 25979612 |
| &nbsp;&nbsp;&nbsp; Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 43588 | &nbsp;&nbsp;&nbsp;&nbsp; 11075275 |
| &nbsp;&nbsp;&nbsp; YETI Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 233051 | &nbsp;&nbsp;&nbsp;&nbsp; 10652761 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 47707648 |
| **Life Insurance — 0.5%** | **Life Insurance — 0.5%** | **Life Insurance — 0.5%** |
| &nbsp;&nbsp;&nbsp; Aflac, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 240125 | &nbsp;&nbsp;&nbsp;&nbsp; 26641869 |
| &nbsp;&nbsp;&nbsp; Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35834 | &nbsp;&nbsp;&nbsp;&nbsp; 9425775 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 36067644 |
| **Media — 0.8%** | **Media — 0.8%** | **Media — 0.8%** |
| &nbsp;&nbsp;&nbsp; Fox Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 163848 | &nbsp;&nbsp;&nbsp;&nbsp; 11924858 |
| &nbsp;&nbsp;&nbsp; New York Times Co. (The), Class A | &nbsp;&nbsp;&nbsp;&nbsp; 205875 | &nbsp;&nbsp;&nbsp;&nbsp; 15092696 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 48061 | &nbsp;&nbsp;&nbsp;&nbsp; 10207195 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA \* | &nbsp;&nbsp;&nbsp;&nbsp; 53888 | &nbsp;&nbsp;&nbsp;&nbsp; 26962861 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 64187610 |
| **Medical Equipment & Services — 2.1%** | **Medical Equipment & Services — 2.1%** | **Medical Equipment & Services — 2.1%** |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp; 204043 | &nbsp;&nbsp;&nbsp;&nbsp; 22301900 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 156645 | &nbsp;&nbsp;&nbsp;&nbsp; 20966933 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 49763 | &nbsp;&nbsp;&nbsp;&nbsp; 3189311 |
| &nbsp;&nbsp;&nbsp; Dexcom, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 86725 | &nbsp;&nbsp;&nbsp;&nbsp; 6334394 |
| &nbsp;&nbsp;&nbsp; Hologic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 208962 | &nbsp;&nbsp;&nbsp;&nbsp; 15657523 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38073 | &nbsp;&nbsp;&nbsp;&nbsp; 25526423 |
| &nbsp;&nbsp;&nbsp; Penumbra, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 56616 | &nbsp;&nbsp;&nbsp;&nbsp; 20278153 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV | &nbsp;&nbsp;&nbsp;&nbsp; 113228 | &nbsp;&nbsp;&nbsp;&nbsp; 6076947 |
| &nbsp;&nbsp;&nbsp; ResMed, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85544 | &nbsp;&nbsp;&nbsp;&nbsp; 22096870 |
| &nbsp;&nbsp;&nbsp; STERIS plc | &nbsp;&nbsp;&nbsp;&nbsp; 49647 | &nbsp;&nbsp;&nbsp;&nbsp; 13037302 |
| &nbsp;&nbsp;&nbsp; Waters Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11237 | &nbsp;&nbsp;&nbsp;&nbsp; 4165781 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 159631537 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Non-life Insurance — 4.4%** | **Non-life Insurance — 4.4%** | **Non-life Insurance — 4.4%** |
| &nbsp;&nbsp;&nbsp; Allstate Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 99420 | &nbsp;&nbsp;&nbsp;&nbsp; 19783586 |
| &nbsp;&nbsp;&nbsp; American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 68410 | &nbsp;&nbsp;&nbsp;&nbsp; 8911771 |
| &nbsp;&nbsp;&nbsp; Aon plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 84446 | &nbsp;&nbsp;&nbsp;&nbsp; 29525699 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 224038 | &nbsp;&nbsp;&nbsp;&nbsp; 21516609 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 107378 | &nbsp;&nbsp;&nbsp;&nbsp; 26776852 |
| &nbsp;&nbsp;&nbsp; Brown & Brown, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 192972 | &nbsp;&nbsp;&nbsp;&nbsp; 13913281 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 120190 | &nbsp;&nbsp;&nbsp;&nbsp; 37206016 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 222894 | &nbsp;&nbsp;&nbsp;&nbsp; 12123205 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 147869 | &nbsp;&nbsp;&nbsp;&nbsp; 19971187 |
| &nbsp;&nbsp;&nbsp; Markel Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 752 | &nbsp;&nbsp;&nbsp;&nbsp; 1534561 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 181603 | &nbsp;&nbsp;&nbsp;&nbsp; 34175869 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 245910 | &nbsp;&nbsp;&nbsp;&nbsp; 9632295 |
| &nbsp;&nbsp;&nbsp; Progressive Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 154004 | &nbsp;&nbsp;&nbsp;&nbsp; 32032832 |
| &nbsp;&nbsp;&nbsp; RLI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 124777 | &nbsp;&nbsp;&nbsp;&nbsp; 7290720 |
| &nbsp;&nbsp;&nbsp; Travelers Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 101078 | &nbsp;&nbsp;&nbsp;&nbsp; 28757702 |
| &nbsp;&nbsp;&nbsp; Willis Towers Watson plc | &nbsp;&nbsp;&nbsp;&nbsp; 26817 | &nbsp;&nbsp;&nbsp;&nbsp; 8513593 |
| &nbsp;&nbsp;&nbsp; WR Berkley Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 286682 | &nbsp;&nbsp;&nbsp;&nbsp; 19660652 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 331326430 |
| **Non-Renewable Energy — 3.4%** | **Non-Renewable Energy — 3.4%** | **Non-Renewable Energy — 3.4%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 160623 | &nbsp;&nbsp;&nbsp;&nbsp; 3022925 |
| &nbsp;&nbsp;&nbsp; Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 316290 | &nbsp;&nbsp;&nbsp;&nbsp; 55951701 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp; 250563 | &nbsp;&nbsp;&nbsp;&nbsp; 26116181 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 67226 | &nbsp;&nbsp;&nbsp;&nbsp; 1939470 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 179019 | &nbsp;&nbsp;&nbsp;&nbsp; 20073400 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 968867 | &nbsp;&nbsp;&nbsp;&nbsp; 136997794 |
| &nbsp;&nbsp;&nbsp; TechnipFMC plc (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 270548 | &nbsp;&nbsp;&nbsp;&nbsp; 15074935 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 259176406 |
| **Personal Care, Drug & Grocery Stores — 2.2%** | **Personal Care, Drug & Grocery Stores — 2.2%** | **Personal Care, Drug & Grocery Stores — 2.2%** |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 179979 | &nbsp;&nbsp;&nbsp;&nbsp; 17322979 |
| &nbsp;&nbsp;&nbsp; Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 85672 | &nbsp;&nbsp;&nbsp;&nbsp; 9662945 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co. | &nbsp;&nbsp;&nbsp;&nbsp; 346359 | &nbsp;&nbsp;&nbsp;&nbsp; 31272754 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 193645 | &nbsp;&nbsp;&nbsp;&nbsp; 19362563 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 608741 | &nbsp;&nbsp;&nbsp;&nbsp; 92388622 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 170009863 |
| **Personal Goods — 1.2%** | **Personal Goods — 1.2%** | **Personal Goods — 1.2%** |
| &nbsp;&nbsp;&nbsp; Crocs, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 93214 | &nbsp;&nbsp;&nbsp;&nbsp; 7822519 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 105559 | &nbsp;&nbsp;&nbsp;&nbsp; 12597411 |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 96869 | &nbsp;&nbsp;&nbsp;&nbsp; 16903640 |
| &nbsp;&nbsp;&nbsp; NIKE, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 448979 | &nbsp;&nbsp;&nbsp;&nbsp; 27751392 |
| &nbsp;&nbsp;&nbsp; On Holding AG, Class A (Switzerland) \* | &nbsp;&nbsp;&nbsp;&nbsp; 163339 | &nbsp;&nbsp;&nbsp;&nbsp; 7391090 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 48782 | &nbsp;&nbsp;&nbsp;&nbsp; 17240047 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 89706099 |
| **Pharmaceuticals, Biotechnology & Marijuana Producers — 7.1%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 7.1%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 7.1%** |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 446619 | &nbsp;&nbsp;&nbsp;&nbsp; 99600503 |
| &nbsp;&nbsp;&nbsp; Amgen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 48754 | &nbsp;&nbsp;&nbsp;&nbsp; 16668017 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp;&nbsp; 624783 | &nbsp;&nbsp;&nbsp;&nbsp; 34394304 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Pharmaceuticals, Biotechnology & Marijuana Producers — continued** | **Pharmaceuticals, Biotechnology & Marijuana Producers — continued** | **Pharmaceuticals, Biotechnology & Marijuana Producers — continued** |
| &nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 390926 | &nbsp;&nbsp;&nbsp;&nbsp; 55491946 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 100717 | &nbsp;&nbsp;&nbsp;&nbsp; 16566940 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp; 590867 | &nbsp;&nbsp;&nbsp;&nbsp; 134274526 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32088 | &nbsp;&nbsp;&nbsp;&nbsp; 18690618 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 691167 | &nbsp;&nbsp;&nbsp;&nbsp; 76214985 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34442 | &nbsp;&nbsp;&nbsp;&nbsp; 25537021 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 380555 | &nbsp;&nbsp;&nbsp;&nbsp; 15861532 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39691 | &nbsp;&nbsp;&nbsp;&nbsp; 18634528 |
| &nbsp;&nbsp;&nbsp; Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 207329 | &nbsp;&nbsp;&nbsp;&nbsp; 25878806 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 537813726 |
| **Precious Metals & Mining — 0.1%** | **Precious Metals & Mining — 0.1%** | **Precious Metals & Mining — 0.1%** |
| &nbsp;&nbsp;&nbsp; Newmont Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 42111 | &nbsp;&nbsp;&nbsp;&nbsp; 4731171 |
| **Real Estate Investment Trusts — 2.2%** | **Real Estate Investment Trusts — 2.2%** | **Real Estate Investment Trusts — 2.2%** |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 106228 | &nbsp;&nbsp;&nbsp;&nbsp; 19044556 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust | &nbsp;&nbsp;&nbsp;&nbsp; 62350 | &nbsp;&nbsp;&nbsp;&nbsp; 6799267 |
| &nbsp;&nbsp;&nbsp; Crown Castle, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85415 | &nbsp;&nbsp;&nbsp;&nbsp; 7414876 |
| &nbsp;&nbsp;&nbsp; CubeSmart | &nbsp;&nbsp;&nbsp;&nbsp; 72564 | &nbsp;&nbsp;&nbsp;&nbsp; 2723327 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 136229 | &nbsp;&nbsp;&nbsp;&nbsp; 8605586 |
| &nbsp;&nbsp;&nbsp; Equity Residential | &nbsp;&nbsp;&nbsp;&nbsp; 83990 | &nbsp;&nbsp;&nbsp;&nbsp; 5234257 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 60649 | &nbsp;&nbsp;&nbsp;&nbsp; 8367743 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 98069 | &nbsp;&nbsp;&nbsp;&nbsp; 4388588 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 915226 | &nbsp;&nbsp;&nbsp;&nbsp; 16959138 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 131233 | &nbsp;&nbsp;&nbsp;&nbsp; 16838506 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 102336 | &nbsp;&nbsp;&nbsp;&nbsp; 13743725 |
| &nbsp;&nbsp;&nbsp; Public Storage | &nbsp;&nbsp;&nbsp;&nbsp; 77258 | &nbsp;&nbsp;&nbsp;&nbsp; 21337887 |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 127165 | &nbsp;&nbsp;&nbsp;&nbsp; 24327936 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co. | &nbsp;&nbsp;&nbsp;&nbsp; 297331 | &nbsp;&nbsp;&nbsp;&nbsp; 7665193 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 163450585 |
| **Retailers — 6.1%** | **Retailers — 6.1%** | **Retailers — 6.1%** |
| &nbsp;&nbsp;&nbsp; Best Buy Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 139093 | &nbsp;&nbsp;&nbsp;&nbsp; 9054954 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 112056 | &nbsp;&nbsp;&nbsp;&nbsp; 105360654 |
| &nbsp;&nbsp;&nbsp; Dillard's, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 11275 | &nbsp;&nbsp;&nbsp;&nbsp; 6850239 |
| &nbsp;&nbsp;&nbsp; Dollar Tree, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 113924 | &nbsp;&nbsp;&nbsp;&nbsp; 13396323 |
| &nbsp;&nbsp;&nbsp; Etsy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 299928 | &nbsp;&nbsp;&nbsp;&nbsp; 15884187 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 256023 | &nbsp;&nbsp;&nbsp;&nbsp; 95903655 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 144082 | &nbsp;&nbsp;&nbsp;&nbsp; 38478539 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 332285 | &nbsp;&nbsp;&nbsp;&nbsp; 32700167 |
| &nbsp;&nbsp;&nbsp; Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 152598 | &nbsp;&nbsp;&nbsp;&nbsp; 28787613 |
| &nbsp;&nbsp;&nbsp; TJX Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 337838 | &nbsp;&nbsp;&nbsp;&nbsp; 50611511 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co. | &nbsp;&nbsp;&nbsp;&nbsp; 177328 | &nbsp;&nbsp;&nbsp;&nbsp; 9022449 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21624 | &nbsp;&nbsp;&nbsp;&nbsp; 13998512 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 174500 | &nbsp;&nbsp;&nbsp;&nbsp; 20789930 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 99617 | &nbsp;&nbsp;&nbsp;&nbsp; 20386619 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 461225352 |
| **Software & Computer Services — 21.2%** | **Software & Computer Services — 21.2%** | **Software & Computer Services — 21.2%** |
| &nbsp;&nbsp;&nbsp; Adobe, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 133000 | &nbsp;&nbsp;&nbsp;&nbsp; 39002250 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Software & Computer Services — continued** | **Software & Computer Services — continued** | **Software & Computer Services — continued** |
| &nbsp;&nbsp;&nbsp; Akamai Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 206425 | &nbsp;&nbsp;&nbsp;&nbsp; 20054189 |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 465994 | &nbsp;&nbsp;&nbsp;&nbsp; 157505972 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 217479 | &nbsp;&nbsp;&nbsp;&nbsp; 17820229 |
| &nbsp;&nbsp;&nbsp; Appfolio, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 24997 | &nbsp;&nbsp;&nbsp;&nbsp; 4746430 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 72821 | &nbsp;&nbsp;&nbsp;&nbsp; 34452343 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 129557 | &nbsp;&nbsp;&nbsp;&nbsp; 15311046 |
| &nbsp;&nbsp;&nbsp; Autodesk, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 94549 | &nbsp;&nbsp;&nbsp;&nbsp; 23908606 |
| &nbsp;&nbsp;&nbsp; Bentley Systems, Inc., Class B (a) | &nbsp;&nbsp;&nbsp;&nbsp; 380424 | &nbsp;&nbsp;&nbsp;&nbsp; 13360491 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 102960 | &nbsp;&nbsp;&nbsp;&nbsp; 30513226 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 968510 | &nbsp;&nbsp;&nbsp;&nbsp; 7341306 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 289263 | &nbsp;&nbsp;&nbsp;&nbsp; 23736922 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 82324 | &nbsp;&nbsp;&nbsp;&nbsp; 36338225 |
| &nbsp;&nbsp;&nbsp; Datadog, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 165900 | &nbsp;&nbsp;&nbsp;&nbsp; 21454188 |
| &nbsp;&nbsp;&nbsp; Docusign, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 271101 | &nbsp;&nbsp;&nbsp;&nbsp; 14243646 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 164376 | &nbsp;&nbsp;&nbsp;&nbsp; 10551295 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 123211 | &nbsp;&nbsp;&nbsp;&nbsp; 25211435 |
| &nbsp;&nbsp;&nbsp; DoubleVerify Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 705645 | &nbsp;&nbsp;&nbsp;&nbsp; 7635079 |
| &nbsp;&nbsp;&nbsp; Dropbox, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 549488 | &nbsp;&nbsp;&nbsp;&nbsp; 14000954 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 563921 | &nbsp;&nbsp;&nbsp;&nbsp; 8137380 |
| &nbsp;&nbsp;&nbsp; Dynatrace, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 399824 | &nbsp;&nbsp;&nbsp;&nbsp; 15229296 |
| &nbsp;&nbsp;&nbsp; Elastic NV \* | &nbsp;&nbsp;&nbsp;&nbsp; 179752 | &nbsp;&nbsp;&nbsp;&nbsp; 11851049 |
| &nbsp;&nbsp;&nbsp; F5, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57383 | &nbsp;&nbsp;&nbsp;&nbsp; 15815329 |
| &nbsp;&nbsp;&nbsp; Fortinet, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 308873 | &nbsp;&nbsp;&nbsp;&nbsp; 25099020 |
| &nbsp;&nbsp;&nbsp; Gartner, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 80971 | &nbsp;&nbsp;&nbsp;&nbsp; 16972331 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 591732 | &nbsp;&nbsp;&nbsp;&nbsp; 14195651 |
| &nbsp;&nbsp;&nbsp; GoDaddy, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 145426 | &nbsp;&nbsp;&nbsp;&nbsp; 14618221 |
| &nbsp;&nbsp;&nbsp; HubSpot, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50339 | &nbsp;&nbsp;&nbsp;&nbsp; 14094920 |
| &nbsp;&nbsp;&nbsp; Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 80859 | &nbsp;&nbsp;&nbsp;&nbsp; 40342172 |
| &nbsp;&nbsp;&nbsp; KBR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 121897 | &nbsp;&nbsp;&nbsp;&nbsp; 5218411 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 288515 | &nbsp;&nbsp;&nbsp;&nbsp; 6635845 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 69360 | &nbsp;&nbsp;&nbsp;&nbsp; 13059101 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 96167 | &nbsp;&nbsp;&nbsp;&nbsp; 14522179 |
| &nbsp;&nbsp;&nbsp; Maplebear, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 203080 | &nbsp;&nbsp;&nbsp;&nbsp; 7546453 |
| &nbsp;&nbsp;&nbsp; Match Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 485154 | &nbsp;&nbsp;&nbsp;&nbsp; 15112547 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 222312 | &nbsp;&nbsp;&nbsp;&nbsp; 159286548 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 309855 | &nbsp;&nbsp;&nbsp;&nbsp; 133327508 |
| &nbsp;&nbsp;&nbsp; Nutanix, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 371984 | &nbsp;&nbsp;&nbsp;&nbsp; 14630131 |
| &nbsp;&nbsp;&nbsp; Okta, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 210220 | &nbsp;&nbsp;&nbsp;&nbsp; 17759386 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 540750 | &nbsp;&nbsp;&nbsp;&nbsp; 79268542 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 219475 | &nbsp;&nbsp;&nbsp;&nbsp; 38840491 |
| &nbsp;&nbsp;&nbsp; Paycom Software, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 68157 | &nbsp;&nbsp;&nbsp;&nbsp; 9184156 |
| &nbsp;&nbsp;&nbsp; Pegasystems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 267714 | &nbsp;&nbsp;&nbsp;&nbsp; 11696425 |
| &nbsp;&nbsp;&nbsp; Pinterest, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 396394 | &nbsp;&nbsp;&nbsp;&nbsp; 8772199 |
| &nbsp;&nbsp;&nbsp; Procore Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 191347 | &nbsp;&nbsp;&nbsp;&nbsp; 10809192 |
| &nbsp;&nbsp;&nbsp; PTC, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 111887 | &nbsp;&nbsp;&nbsp;&nbsp; 17468917 |
| &nbsp;&nbsp;&nbsp; Reddit, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 56428 | &nbsp;&nbsp;&nbsp;&nbsp; 10172275 |
| &nbsp;&nbsp;&nbsp; RingCentral, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 521422 | &nbsp;&nbsp;&nbsp;&nbsp; 13494401 |
| &nbsp;&nbsp;&nbsp; Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37855 | &nbsp;&nbsp;&nbsp;&nbsp; 14052912 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Software & Computer Services — continued** | **Software & Computer Services — continued** | **Software & Computer Services — continued** |
| &nbsp;&nbsp;&nbsp; Rubrik, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 112884 | &nbsp;&nbsp;&nbsp;&nbsp; 6315860 |
| &nbsp;&nbsp;&nbsp; Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 257935 | &nbsp;&nbsp;&nbsp;&nbsp; 54757021 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 43843 | &nbsp;&nbsp;&nbsp;&nbsp; 4461464 |
| &nbsp;&nbsp;&nbsp; SentinelOne, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 572651 | &nbsp;&nbsp;&nbsp;&nbsp; 8005661 |
| &nbsp;&nbsp;&nbsp; ServiceNow, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 309501 | &nbsp;&nbsp;&nbsp;&nbsp; 36214712 |
| &nbsp;&nbsp;&nbsp; Snowflake, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 135950 | &nbsp;&nbsp;&nbsp;&nbsp; 26197565 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 126013 | &nbsp;&nbsp;&nbsp;&nbsp; 10319205 |
| &nbsp;&nbsp;&nbsp; Teradata Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 521461 | &nbsp;&nbsp;&nbsp;&nbsp; 14872068 |
| &nbsp;&nbsp;&nbsp; Toast, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 519145 | &nbsp;&nbsp;&nbsp;&nbsp; 16150601 |
| &nbsp;&nbsp;&nbsp; Twilio, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 147958 | &nbsp;&nbsp;&nbsp;&nbsp; 17823021 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41152 | &nbsp;&nbsp;&nbsp;&nbsp; 15201549 |
| &nbsp;&nbsp;&nbsp; UiPath, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 538032 | &nbsp;&nbsp;&nbsp;&nbsp; 6773823 |
| &nbsp;&nbsp;&nbsp; Unity Software, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 227071 | &nbsp;&nbsp;&nbsp;&nbsp; 6607766 |
| &nbsp;&nbsp;&nbsp; VeriSign, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 77857 | &nbsp;&nbsp;&nbsp;&nbsp; 19015015 |
| &nbsp;&nbsp;&nbsp; Workday, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 114270 | &nbsp;&nbsp;&nbsp;&nbsp; 20069240 |
| &nbsp;&nbsp;&nbsp; Zoom Communications, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 228054 | &nbsp;&nbsp;&nbsp;&nbsp; 21003773 |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 640675 | &nbsp;&nbsp;&nbsp;&nbsp; 5157434 |
| &nbsp;&nbsp;&nbsp; Zscaler, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 83140 | &nbsp;&nbsp;&nbsp;&nbsp; 16628831 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1599975429 |
| **Technology Hardware & Equipment — 16.7%** | **Technology Hardware & Equipment — 16.7%** | **Technology Hardware & Equipment — 16.7%** |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 351348 | &nbsp;&nbsp;&nbsp;&nbsp; 83174612 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 369434 | &nbsp;&nbsp;&nbsp;&nbsp; 53228051 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 159773 | &nbsp;&nbsp;&nbsp;&nbsp; 49670230 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 537019 | &nbsp;&nbsp;&nbsp;&nbsp; 139345690 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 228103 | &nbsp;&nbsp;&nbsp;&nbsp; 73522159 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 383642 | &nbsp;&nbsp;&nbsp;&nbsp; 127100594 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 131862 | &nbsp;&nbsp;&nbsp;&nbsp; 17186893 |
| &nbsp;&nbsp;&nbsp; Flex Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 192454 | &nbsp;&nbsp;&nbsp;&nbsp; 12132300 |
| &nbsp;&nbsp;&nbsp; GLOBALFOUNDRIES, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 222749 | &nbsp;&nbsp;&nbsp;&nbsp; 9400008 |
| &nbsp;&nbsp;&nbsp; HP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 474842 | &nbsp;&nbsp;&nbsp;&nbsp; 9230928 |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53212 | &nbsp;&nbsp;&nbsp;&nbsp; 4917321 |
| &nbsp;&nbsp;&nbsp; Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 89721 | &nbsp;&nbsp;&nbsp;&nbsp; 21280924 |
| &nbsp;&nbsp;&nbsp; KLA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 40587 | &nbsp;&nbsp;&nbsp;&nbsp; 57955801 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 363932 | &nbsp;&nbsp;&nbsp;&nbsp; 84963565 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 219066 | &nbsp;&nbsp;&nbsp;&nbsp; 17639194 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12134 | &nbsp;&nbsp;&nbsp;&nbsp; 2658074 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 264946 | &nbsp;&nbsp;&nbsp;&nbsp; 20909538 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25470 | &nbsp;&nbsp;&nbsp;&nbsp; 28632100 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 170556 | &nbsp;&nbsp;&nbsp;&nbsp; 16433071 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 820732 | &nbsp;&nbsp;&nbsp;&nbsp; 156866507 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 361176 | &nbsp;&nbsp;&nbsp;&nbsp; 21630831 |
| &nbsp;&nbsp;&nbsp; Onto Innovation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57196 | &nbsp;&nbsp;&nbsp;&nbsp; 11556452 |
| &nbsp;&nbsp;&nbsp; Pure Storage, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 279235 | &nbsp;&nbsp;&nbsp;&nbsp; 19418002 |
| &nbsp;&nbsp;&nbsp; Qorvo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 169616 | &nbsp;&nbsp;&nbsp;&nbsp; 13248706 |
| &nbsp;&nbsp;&nbsp; QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 317621 | &nbsp;&nbsp;&nbsp;&nbsp; 48148167 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59315 | &nbsp;&nbsp;&nbsp;&nbsp; 34180269 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 247746 | &nbsp;&nbsp;&nbsp;&nbsp; 13814317 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Technology Hardware & Equipment — continued** | **Technology Hardware & Equipment — continued** | **Technology Hardware & Equipment — continued** |
| &nbsp;&nbsp;&nbsp; Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 108176 | &nbsp;&nbsp;&nbsp;&nbsp; 26075825 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 219892 | &nbsp;&nbsp;&nbsp;&nbsp; 47397721 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 161706 | &nbsp;&nbsp;&nbsp;&nbsp; 40463692 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1262181542 |
| **Telecommunications Equipment — 1.7%** | **Telecommunications Equipment — 1.7%** | **Telecommunications Equipment — 1.7%** |
| &nbsp;&nbsp;&nbsp; Ciena Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 104510 | &nbsp;&nbsp;&nbsp;&nbsp; 26316663 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1046686 | &nbsp;&nbsp;&nbsp;&nbsp; 81976448 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57456 | &nbsp;&nbsp;&nbsp;&nbsp; 23128338 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 131421449 |
| **Telecommunications Service Providers — 0.2%** | **Telecommunications Service Providers — 0.2%** | **Telecommunications Service Providers — 0.2%** |
| &nbsp;&nbsp;&nbsp; AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 548728 | &nbsp;&nbsp;&nbsp;&nbsp; 14382161 |
| &nbsp;&nbsp;&nbsp; Iridium Communications, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 172002 | &nbsp;&nbsp;&nbsp;&nbsp; 3426280 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17808441 |
| **Tobacco — 1.0%** | **Tobacco — 1.0%** | **Tobacco — 1.0%** |
| &nbsp;&nbsp;&nbsp; Altria Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 560750 | &nbsp;&nbsp;&nbsp;&nbsp; 34760893 |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 217939 | &nbsp;&nbsp;&nbsp;&nbsp; 39106974 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 73867867 |
| **Travel & Leisure — 4.5%** | **Travel & Leisure — 4.5%** | **Travel & Leisure — 4.5%** |
| &nbsp;&nbsp;&nbsp; Airbnb, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 158057 | &nbsp;&nbsp;&nbsp;&nbsp; 20447834 |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9392 | &nbsp;&nbsp;&nbsp;&nbsp; 46977281 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 112421 | &nbsp;&nbsp;&nbsp;&nbsp; 9504072 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 91001 | &nbsp;&nbsp;&nbsp;&nbsp; 18141050 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24170 | &nbsp;&nbsp;&nbsp;&nbsp; 9917676 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 81977 | &nbsp;&nbsp;&nbsp;&nbsp; 21710789 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 89465 | &nbsp;&nbsp;&nbsp;&nbsp; 26706197 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 62562 | &nbsp;&nbsp;&nbsp;&nbsp; 17739455 |
| &nbsp;&nbsp;&nbsp; Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 99346 | &nbsp;&nbsp;&nbsp;&nbsp; 31323794 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 201060 | &nbsp;&nbsp;&nbsp;&nbsp; 63333900 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 379517 | &nbsp;&nbsp;&nbsp;&nbsp; 34896588 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 56570 | &nbsp;&nbsp;&nbsp;&nbsp; 10174680 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 78889 | &nbsp;&nbsp;&nbsp;&nbsp; 5742330 |
| &nbsp;&nbsp;&nbsp; Yum! Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 146432 | &nbsp;&nbsp;&nbsp;&nbsp; 22770176 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 339385822 |
| **Waste & Disposal Services — 1.0%** | **Waste & Disposal Services — 1.0%** | **Waste & Disposal Services — 1.0%** |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 70660 | &nbsp;&nbsp;&nbsp;&nbsp; 18365240 |
| &nbsp;&nbsp;&nbsp; Republic Services, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 104655 | &nbsp;&nbsp;&nbsp;&nbsp; 22510244 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 149537 | &nbsp;&nbsp;&nbsp;&nbsp; 33233103 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 74108587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $6,855,371,442)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 7545653419 |
| **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** |
| **Investment Companies — 0.2%** | **Investment Companies — 0.2%** | **Investment Companies — 0.2%** |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 3.64% (b) (c)(Cost $13,594,589) | &nbsp;&nbsp;&nbsp;&nbsp; 13594589 | &nbsp;&nbsp;&nbsp;&nbsp; 13594589 |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Short-Term Investments — continued** | **Short-Term Investments — continued** | **Short-Term Investments — continued** |
| **Investment of Cash Collateral from Securities Loaned — 0.2%** | **Investment of Cash Collateral from Securities Loaned — 0.2%** | **Investment of Cash Collateral from Securities Loaned — 0.2%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 3.68% (b) (c)(Cost $19,903,156) | &nbsp;&nbsp;&nbsp;&nbsp; 19903156 | &nbsp;&nbsp;&nbsp;&nbsp; 19903156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $33,497,745)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 33497745 |
| **Total Investments — 100.2%** <br>**(Cost $6,888,869,187)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **7579151164** |
| **Liabilities in Excess of Other Assets — (0.2)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(15142601)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **7564008563** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<br>Percentages indicated are based on net assets.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at January 31, 2026. The total value of securities on loan at January 31, 2026 is <br> $19,474,339.<br>|
| (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 <br> Investment Management Inc.<br>|
| (c) | The rate shown is the current yield as of January 31, 2026. |

---

**Futures contracts outstanding as of January 31, 2026:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| S&P 500 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 43 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 14979588 | &nbsp;&nbsp;&nbsp;&nbsp; 100320 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Abbreviations** |  |
| USD | United States Dollar |

---

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**A. Valuation of Investments**— Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940 (the "1940 Act"), the Board is required to determine fair value for securities that do not have readily available market quotations. Pursuant to Rule 2a-5 under the 1940 Act (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset value ("NAV") of the Fund is calculated on a valuation date.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAV per share as of the report date.

Futures contracts are generally valued on the basis of available market quotations.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.

• Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

• Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

The following table represents each valuation input as presented on the Schedule of Portfolio Investments ("SOI"):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Total Investments in Securities** (a) | &nbsp;&nbsp;&nbsp;&nbsp; $7579151164 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $7579151164 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | &nbsp;&nbsp;&nbsp;&nbsp; $100320 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $100320 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

 <br> (a) Please refer to the SOI for specifics of portfolio holdings.

**B. Investment Transactions with Affiliates**— The Fund invested in Underlying Funds advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers.

------

**JPMorgan U.S. Quality Factor ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

The Underlying Funds' distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2025**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**January 31,** <br>**2026**<br>| **Shares at** <br>**January 31,** <br>**2026**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending <br> Money Market Fund Agency SL <br> Class Shares, 3.68% (a) (b)<br>| $— | $156952843 | $137049687 | $— | $— | $19903156 | 19903156 | $286197 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money <br> Market Fund Class IM Shares, <br> 3.64% (a) (b)<br>| 6662084 | 75388352 | 68455847 |  |  | 13594589 | 13594589 | 104939 |  |
| **Total** | $6662084 | $232341195 | $205505534 | $— | $— | $33497745 |  | $391136 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

 <br> (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. <br> (b) The rate shown is the current yield as of January 31, 2026.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 844-457-6383

**Item A.2. Information about the Series.**

- **a. Name of Series:** JPMorgan U.S. Quality Factor ETF

- **b. EDGAR series identifier (if any):** S000059315

- **c. LEI of Series:** 549300QBO0QYTGWOSW82

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $7591080963.88

**Total Liabilities:** $20681203.59

**Net Assets:** $7570399760.29

**Cash Not Reported:** $31867.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194674 | 0.62%                | 0.49%                | 1.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $22730153.76             | $15453004.77                               |
| Month 2  | $116270390.31            | $-85826208.93                              |
| Month 3  | $23893958.10             | $58199869.78                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                          | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Brown & Brown, Inc.                           | Brown & Brown, Inc.                                                   | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |    193134 | NS      | $13924961.40  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.                   | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    916000 | NS      | $16973480.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.               | Intercontinental Exchange, Inc.                                       | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    172158 | NS      | $29917617.24  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                                   | Crocs, Inc.                                                           | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     93292 | NS      | $7829064.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| RLI Corp.                                     | RLI Corp.                                                             | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |    124883 | NS      | $7296913.69   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group, Inc.                             | Match Group, Inc.                                                     | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    485564 | NS      | $15125318.60  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp.                        | Monster Beverage Corp.                                                | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    353101 | NS      | $28516436.76  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                  | Cadence Design Systems, Inc.                                          | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    103046 | NS      | $30538712.56  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                            | Lam Research Corp.                                                    | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    364240 | NS      | $85035470.40  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories, Inc.                      | Dolby Laboratories, Inc., Class A                                     | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |    164514 | NS      | $10560153.66  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp.                                    | Pool Corp.                                                            | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     43624 | NS      | $11084422.16  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock, Inc.                               | Blackrock, Inc.                                                       | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     42908 | NS      | $48011477.52  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund    | JPMorgan U.S. Government Money Market Fund, Class IM                  | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |  13594589 | NS      | $13594588.54  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                             | Exxon Mobil Corp.                                                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    969685 | NS      | $137113459.00 | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                       | Louisiana-Pacific Corp.                                               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     54785 | NS      | $4587695.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                | Alphabet, Inc., Class A                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    466388 | NS      | $157639144.00 | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                     | United Therapeutics Corp.                                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     39725 | NS      | $18650490.25  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                     | CubeSmart                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72626 | NS      | $2725653.78   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc.  | Expeditors International of Washington, Inc.                          | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |    111495 | NS      | $17899407.30  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                 | Walmart, Inc.                                                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    174648 | NS      | $20807562.72  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                               | CME Group, Inc.                                                       | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     65535 | NS      | $18943547.10  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                               | Ingredion, Inc.                                                       | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    116560 | NS      | $13765736.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                    | Crowdstrike Holdings, Inc., Class A                                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     82394 | NS      | $36369123.57  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                        | Waste Management, Inc.                                                | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |    149663 | NS      | $33261105.12  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                              | OGE Energy Corp.                                                      | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    171732 | NS      | $7501253.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System, Inc.                         | Landstar System, Inc.                                                 | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     76624 | NS      | $11444560.64  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                | Amphenol Corp., Class A                                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    369746 | NS      | $53273003.68  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                    | Chubb Ltd.                                                            | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |    120292 | NS      | $37237591.52  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings, Inc.                        | Kyndryl Holdings, Inc.                                                | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    288759 | NS      | $6641457.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                  | NVIDIA Corp.                                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    821426 | NS      | $156999151.38 | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                                  | Gentex Corp.                                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     93800 | NS      | $2158338.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.             | Equity LifeStyle Properties, Inc.                                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    136345 | NS      | $8612913.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                           | Carlisle Cos., Inc.                                                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     46023 | NS      | $15688780.47  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil, Inc.                                   | Jabil, Inc.                                                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     89797 | NS      | $21298950.43  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                   | Lattice Semiconductor Corp.                                           | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    219252 | NS      | $17654171.04  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral, Inc.                             | RingCentral, Inc., Class A                                            | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    521862 | NS      | $13505788.56  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.               | Hilton Worldwide Holdings, Inc.                                       | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     89541 | NS      | $26728883.91  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                     | NVR, Inc.                                                             | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |      1956 | NS      | $14935487.88  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                     | KLA Corp.                                                             | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     40621 | NS      | $58004350.74  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |  19903156 | NS      | $19903156.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals plc                      | Jazz Pharmaceuticals plc                                              | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     62428 | NS      | $10268781.72  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.       | Mid-America Apartment Communities, Inc.                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    102422 | NS      | $13755274.60  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                      | Bristol-Myers Squibb Co.                                              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    625311 | NS      | $34423370.55  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital, Inc.                             | Gen Digital, Inc.                                                     | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    592232 | NS      | $14207645.68  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                | TechnipFMC plc                                                        | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |    270776 | NS      | $15087638.72  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp.                                  | Waters Corp.                                                          | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     11247 | NS      | $4169487.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                                    | Elastic NV                                                            | CUSIP: N/A<br>LEI: 2549003I48WHHH937I59       | Long             | EC               | CORP              | NL        |    179904 | NS      | $11861070.72  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                         | Deckers Outdoor Corp.                                                 | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |    105649 | NS      | $12608151.66  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings, Inc.                        | Medpace Holdings, Inc.                                                | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     32116 | NS      | $18706927.68  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                  | Intuit, Inc.                                                          | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     80927 | NS      | $40376098.84  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                  | Marriott International, Inc., Class A                                 | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     99430 | NS      | $31350279.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.            | Madison Square Garden Sports Corp.                                    | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62614 | NS      | $17754199.70  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.             | Fidelity National Financial, Inc.                                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    223082 | NS      | $12133429.98  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake, Inc.                               | Snowflake, Inc., Class A                                              | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |    136064 | NS      | $26219532.80  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova, Inc.                              | GE Vernova, Inc.                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     82048 | NS      | $59597205.76  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                       | Republic Services, Inc., Class A                                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    104743 | NS      | $22529171.87  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc.            | Mettler-Toledo International, Inc.                                    | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     15020 | NS      | $20626064.80  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                   | Apple, Inc.                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    537473 | NS      | $139463494.04 | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed, Inc.                                  | ResMed, Inc.                                                          | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     85616 | NS      | $22115468.96  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                                 | Moody's Corp.                                                         | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     63523 | NS      | $32749917.88  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest, Inc.                               | Pinterest, Inc., Class A                                              | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |    396728 | NS      | $8779590.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.               | Automatic Data Processing, Inc.                                       | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |    137408 | NS      | $33915042.56  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                | DoorDash, Inc., Class A                                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    123315 | NS      | $25232715.30  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma plc                            | Royalty Pharma plc, Class A                                           | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | GB        |    380877 | NS      | $15874953.36  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.           | Gaming and Leisure Properties, Inc.                                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     98151 | NS      | $4392257.25   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                     | Fox Corp., Class A                                                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    163986 | NS      | $11934901.08  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates, Inc.                 | Jack Henry & Associates, Inc.                                         | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     90405 | NS      | $16201480.05  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox, Inc.                                 | Dropbox, Inc., Class A                                                | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    549952 | NS      | $14012776.96  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                                 | Gartner, Inc.                                                         | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     81039 | NS      | $16986584.79  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores, Inc.                             | Ross Stores, Inc.                                                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    152726 | NS      | $28811759.90  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp.                                     | UGI Corp.                                                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    445641 | NS      | $17874660.51  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on, Inc.                                 | Snap-on, Inc.                                                         | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     31127 | NS      | $11395905.97  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                         | Spotify Technology SA                                                 | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |     53934 | NS      | $26985876.90  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                          | Allstate Corp. (The)                                                  | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     99504 | NS      | $19800300.96  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                         | Camden Property Trust                                                 | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     62402 | NS      | $6804938.10   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                             | Johnson & Johnson                                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    591367 | NS      | $134388150.75 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                             | Merck & Co., Inc.                                                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    691751 | NS      | $76279382.77  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                              | Mastercard, Inc., Class A                                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    200340 | NS      | $107941188.60 | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                    | AT&T, Inc.                                                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    549192 | NS      | $14394322.32  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler, Inc.                                 | Zscaler, Inc.                                                         | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     83210 | NS      | $16642832.10  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software, Inc.                          | Unity Software, Inc.                                                  | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |    227263 | NS      | $6613353.30   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp.                              | Bio-Techne Corp.                                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     49805 | NS      | $3192002.45   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp.                           | IPG Photonics Corp.                                                   | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     53256 | NS      | $4921386.96   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica, Inc.                     | Lululemon Athletica, Inc.                                             | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     96951 | NS      | $16917949.50  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education, Inc.                  | Grand Canyon Education, Inc.                                          | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     80698 | NS      | $14028540.32  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                   | United Parcel Service, Inc., Class B                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     21466 | NS      | $2280118.52   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.                      | Marvell Technology, Inc.                                              | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    265170 | NS      | $20927216.40  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                    | Simon Property Group, Inc.                                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    127273 | NS      | $24348597.63  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                | Teradyne, Inc.                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    108268 | NS      | $26098001.40  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems, Inc.                             | Pegasystems, Inc.                                                     | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    267940 | NS      | $11706298.60  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC, Inc.                                     | PTC, Inc.                                                             | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    111981 | NS      | $17483593.53  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)          | Hartford Insurance Group, Inc. (The)                                  | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    147993 | NS      | $19987934.58  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                       | Progressive Corp. (The)                                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    154134 | NS      | $32059872.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group, Inc.                     | Nexstar Media Group, Inc.                                             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     48101 | NS      | $10215690.38  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                        | Home Depot, Inc. (The)                                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    256239 | NS      | $95984567.01  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                 | Newmont Corp.                                                         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     42147 | NS      | $4735215.45   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear, Inc.                               | Maplebear, Inc.                                                       | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    203252 | NS      | $7552844.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                      | Skyworks Solutions, Inc.                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |    247956 | NS      | $13826026.56  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                        | Trane Technologies plc                                                | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |     11947 | NS      | $5024669.26   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES, Inc.                         | GLOBALFOUNDRIES, Inc.                                                 | CUSIP: N/A<br>LEI: 549300BA76VK784VMX48       | Long             | EC               | CORP              | KY        |    222937 | NS      | $9407941.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign, Inc.                                | VeriSign, Inc.                                                        | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     77923 | NS      | $19031134.29  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic, Inc.                                 | Hologic, Inc.                                                         | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    209138 | NS      | $15670710.34  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.              | Old Republic International Corp.                                      | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    246118 | NS      | $9640442.06   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                              | Weyerhaeuser Co.                                                      | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    297583 | NS      | $7671689.74   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger, Inc.                             | WW Grainger, Inc.                                                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |     22424 | NS      | $24216574.56  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)                    | Travelers Cos., Inc. (The)                                            | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    101164 | NS      | $28782169.64  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                     | Church & Dwight Co., Inc.                                             | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |    180131 | NS      | $17337608.75  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe, Inc.                                   | Adobe, Inc.                                                           | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    133112 | NS      | $39035094.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity, Inc.                                  | Acuity, Inc.                                                          | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46903 | NS      | $14504283.72  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                            | Altria Group, Inc.                                                    | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    561224 | NS      | $34790275.76  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies, Inc.                   | ZoomInfo Technologies, Inc.                                           | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    641217 | NS      | $5161796.85   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                            | Ralph Lauren Corp.                                                    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     48824 | NS      | $17254889.84  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk, Inc.                                | Autodesk, Inc.                                                        | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     94629 | NS      | $23928835.23  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings, Inc.               | Lincoln Electric Holdings, Inc.                                       | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     70733 | NS      | $18769001.55  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                     | Consolidated Edison, Inc.                                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |    163841 | NS      | $17470365.83  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems, Inc.               | Advanced Drainage Systems, Inc.                                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     77808 | NS      | $11829928.32  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | S&P 500 E-Mini Index                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        43 | NC      | $100320.05    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb, Inc.                                  | Airbnb, Inc., Class A                                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |    158191 | NS      | $20465169.67  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                                     | QIAGEN NV                                                             | CUSIP: N/A<br>LEI: 54930036WK3GMCN17Z57       | Long             | EC               | CORP              | NL        |    113324 | NS      | $6082099.08   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco, Inc.                                  | Watsco, Inc.                                                          | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     34335 | NS      | $13268760.75  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Williams-Sonoma, Inc.                         | Williams-Sonoma, Inc.                                                 | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     99701 | NS      | $20403809.65  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.                     | ExlService Holdings, Inc.                                             | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    142658 | NS      | $5585060.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp.                                 | Sandisk Corp.                                                         | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59365 | NS      | $34209081.25  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                              | S&P Global, Inc.                                                      | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     81536 | NS      | $43033885.44  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                              | Clorox Co. (The)                                                      | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     85744 | NS      | $9671065.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                  | Nasdaq, Inc.                                                          | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     28898 | NS      | $2799927.22   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                      | Darden Restaurants, Inc.                                              | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     91077 | NS      | $18156199.95  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins, Inc.                                 | Rollins, Inc.                                                         | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |    304348 | NS      | $19277402.32  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                | Broadcom, Inc.                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    383966 | NS      | $127207935.80 | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                                 | Datadog, Inc., Class A                                                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    166040 | NS      | $21472292.80  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace, Inc.                               | Dynatrace, Inc.                                                       | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |    400162 | NS      | $15242170.58  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp.                                | Teradata Corp.                                                        | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    521901 | NS      | $14884616.52  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                      | Roper Technologies, Inc.                                              | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     37887 | NS      | $14064791.01  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd.                                   | Amdocs Ltd.                                                           | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |    217663 | NS      | $17835306.22  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                           | Abbott Laboratories                                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    204215 | NS      | $22320699.50  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                          | Meta Platforms, Inc., Class A                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    222500 | NS      | $159421250.00 | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                        | Costco Wholesale Corp.                                                | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    112150 | NS      | $105449037.50 | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot, Inc.                                 | HubSpot, Inc.                                                         | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     50381 | NS      | $14106680.00  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings, Inc.                   | DoubleVerify Holdings, Inc.                                           | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    706241 | NS      | $7641527.62   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                   | Keysight Technologies, Inc.                                           | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |     98594 | NS      | $21328840.02  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon plc                                       | Aon plc, Class A                                                      | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |     84518 | NS      | $29550873.52  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.             | Philip Morris International, Inc.                                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    218123 | NS      | $39139991.12  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson plc                      | Willis Towers Watson plc                                              | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |     26839 | NS      | $8520577.33   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp.                                    | IDEX Corp.                                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     64852 | NS      | $12876364.60  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta, Inc.                                    | Okta, Inc.                                                            | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |    210398 | NS      | $17774423.04  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp.                                  | Chemed Corp.                                                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |     28633 | NS      | $12230299.62  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                           | Clean Harbors, Inc.                                                   | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     70720 | NS      | $18380835.20  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group, Inc.                            | Markel Group, Inc.                                                    | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       752 | NS      | $1534561.28   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies, Inc.                   | Palantir Technologies, Inc., Class A                                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    541206 | NS      | $79335387.54  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                    | Procore Technologies, Inc.                                            | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    191509 | NS      | $10818343.41  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                       | Arch Capital Group Ltd.                                               | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |    224228 | NS      | $21534857.12  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy, Inc.                                 | GoDaddy, Inc., Class A                                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |    145548 | NS      | $14630484.96  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet, Inc.                                | Fortinet, Inc.                                                        | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    309133 | NS      | $25120147.58  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                      | Motorola Solutions, Inc.                                              | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     57504 | NS      | $23147660.16  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty, Inc.                             | Ulta Beauty, Inc.                                                     | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     21642 | NS      | $14010165.12  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                         | Eagle Materials, Inc.                                                 | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     39572 | NS      | $8065169.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group, Inc.                           | Expedia Group, Inc.                                                   | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82047 | NS      | $21729327.48  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik, Inc.                                  | Rubrik, Inc., Class A                                                 | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |    112980 | NS      | $6321231.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co.                      | Arthur J Gallagher & Co.                                              | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    107468 | NS      | $26799295.16  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom, Inc.                                  | Dexcom, Inc.                                                          | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     86799 | NS      | $6339798.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WR Berkley Corp.                              | WR Berkley Corp.                                                      | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |    286924 | NS      | $19677247.92  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                           | Cisco Systems, Inc.                                                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1047570 | NS      | $82045682.40  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp.                        | Antero Midstream Corp.                                                | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160759 | NS      | $3025484.38   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                               | Starbucks Corp.                                                       | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    379837 | NS      | $34926012.15  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                     | KBR, Inc.                                                             | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    121999 | NS      | $5222777.19   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings, Inc.                           | YETI Holdings, Inc.                                                   | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    233247 | NS      | $10661720.37  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.          | Cognizant Technology Solutions Corp., Class A                         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    289507 | NS      | $23756944.42  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                      | Berkshire Hathaway, Inc., Class B                                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    295515 | NS      | $142003822.95 | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                  | Advanced Micro Devices, Inc.                                          | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    351644 | NS      | $83244684.12  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                   | Ciena Corp.                                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    104598 | NS      | $26338822.38  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems, Inc.                         | Bentley Systems, Inc., Class B                                        | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |    380746 | NS      | $13371799.52  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HP, Inc.                                      | HP, Inc.                                                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    475244 | NS      | $9238743.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                               | Primerica, Inc.                                                       | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     35864 | NS      | $9433666.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                             | Lowe's Cos., Inc.                                                     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    144204 | NS      | $38511120.24  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                          | Analog Devices, Inc.                                                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    159907 | NS      | $49711888.16  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UiPath, Inc.                                  | UiPath, Inc., Class A                                                 | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |    538486 | NS      | $6779538.74   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                         | Colgate-Palmolive Co.                                                 | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    346651 | NS      | $31299118.79  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                       | Applied Materials, Inc.                                               | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    228295 | NS      | $73584044.40  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets, Inc.                     | Cboe Global Markets, Inc.                                             | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     78671 | NS      | $20852535.26  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra, Inc.                                | Penumbra, Inc.                                                        | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |     56664 | NS      | $20295344.88  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                    | Manhattan Associates, Inc.                                            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     96249 | NS      | $14534561.49  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's, Inc.                               | Dillard's, Inc., Class A                                              | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |     11285 | NS      | $6856314.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio, Inc.                                | Appfolio, Inc., Class A                                               | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     25019 | NS      | $4750607.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                 | Chevron Corp.                                                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    316558 | NS      | $55999110.20  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| F5, Inc.                                      | F5, Inc.                                                              | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     57431 | NS      | $15828557.91  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp.                               | Atlassian Corp., Class A                                              | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |    129667 | NS      | $15324046.06  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio, Inc.                                  | Twilio, Inc., Class A                                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    148082 | NS      | $17837957.72  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                | ConocoPhillips                                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    250775 | NS      | $26138278.25  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                            | Crown Castle, Inc.                                                    | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     85487 | NS      | $7421126.47   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                     | Flex Ltd.                                                             | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |    192616 | NS      | $12142512.64  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions, Inc.          | Broadridge Financial Solutions, Inc.                                  | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     83370 | NS      | $16433060.70  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp.                         | Southern Copper Corp.                                                 | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    124581 | NS      | $23710255.92  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage, Inc.                            | Pure Storage, Inc., Class A                                           | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |    279471 | NS      | $19434413.34  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                | Wyndham Hotels & Resorts, Inc.                                        | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     78955 | NS      | $5747134.45   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co., Inc.               | MSC Industrial Direct Co., Inc., Class A                              | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |    111930 | NS      | $9440176.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                     | Akamai Technologies, Inc.                                             | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |    206599 | NS      | $20071092.85  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                | Reliance, Inc.                                                        | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     13626 | NS      | $4489767.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                        | Verisk Analytics, Inc., Class A                                       | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     97808 | NS      | $21269327.68  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories, Inc.                      | IDEXX Laboratories, Inc.                                              | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     38105 | NS      | $25547878.30  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.      | Science Applications International Corp.                              | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     43879 | NS      | $4465127.04   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Holdings, Inc.     | MACOM Technology Solutions Holdings, Inc.                             | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12144 | NS      | $2660264.64   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings, Inc.              | SS&C Technologies Holdings, Inc.                                      | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    126119 | NS      | $10327884.91  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                   | Marsh & McLennan Cos., Inc.                                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    181757 | NS      | $34204849.83  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                          | TJX Cos., Inc. (The)                                                  | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    338124 | NS      | $50654356.44  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                                | AppLovin Corp., Class A                                               | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     72883 | NS      | $34481676.13  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy, Inc.                          | Coterra Energy, Inc.                                                  | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     67282 | NS      | $1941085.70   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                              | ServiceNow, Inc.                                                      | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    309763 | NS      | $36245368.63  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                    | Ameriprise Financial, Inc.                                            | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     49178 | NS      | $25926149.82  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                    | Procter & Gamble Co. (The)                                            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    609255 | NS      | $92466631.35  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies, Inc.                    | Agilent Technologies, Inc.                                            | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    156777 | NS      | $20984601.45  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                         | Onto Innovation, Inc.                                                 | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     57244 | NS      | $11566150.20  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares, Inc.                     | Commerce Bancshares, Inc.                                             | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228229 | NS      | $12013974.56  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza, Inc.                          | Domino's Pizza, Inc.                                                  | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     24190 | NS      | $9925882.70   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.                | American Financial Group, Inc.                                        | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     68468 | NS      | $8919326.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne, Inc.                             | SentinelOne, Inc., Class A                                            | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Long             | EC               | CORP              | US        |    573135 | NS      | $8012427.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen, Inc.                                   | Amgen, Inc.                                                           | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     48796 | NS      | $16682376.48  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                                 | Paychex, Inc.                                                         | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |    170389 | NS      | $17572217.57  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                               | Microsoft Corp.                                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    310117 | NS      | $133440243.93 | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co.                            | DXC Technology Co.                                                    | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    564397 | NS      | $8144248.71   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                  | CF Industries Holdings, Inc.                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    227017 | NS      | $21164794.91  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                | Public Storage                                                        | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     77324 | NS      | $21356115.56  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                  | Evergy, Inc.                                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    169024 | NS      | $12969211.52  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix, Inc.                                 | Nutanix, Inc., Class A                                                | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |    372298 | NS      | $14642480.34  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems, Inc.                | FactSet Research Systems, Inc.                                        | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     37028 | NS      | $9418442.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                          | Kimberly-Clark Corp.                                                  | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |    193809 | NS      | $19378961.91  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                    | NIKE, Inc., Class B                                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    449359 | NS      | $27774879.79  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco, Inc.                                   | Graco, Inc.                                                           | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |    164512 | NS      | $14366832.96  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                             | Boyd Gaming Corp.                                                     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    112515 | NS      | $9512018.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co.                           | SEI Investments Co.                                                   | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    191941 | NS      | $16862016.85  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS plc                                    | STERIS plc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     49689 | NS      | $13048331.40  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                            | Equity Residential                                                    | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     84060 | NS      | $5238619.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                  | AbbVie, Inc.                                                          | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    446997 | NS      | $99684800.97  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                        | ON Semiconductor Corp.                                                | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    361482 | NS      | $21649156.98  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy, Inc.                                    | Etsy, Inc.                                                            | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    300182 | NS      | $15897638.72  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                           | Union Pacific Corp.                                                   | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    192205 | NS      | $45187395.50  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree, Inc.                             | Dollar Tree, Inc.                                                     | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    114020 | NS      | $13407611.80  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group, Inc.                        | WEC Energy Group, Inc.                                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    211720 | NS      | $23431052.40  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co., Inc.                           | Donaldson Co., Inc.                                                   | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |    151820 | NS      | $15476530.80  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp.                         | Western Digital Corp.                                                 | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    161842 | NS      | $40497723.66  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.               | Regeneron Pharmaceuticals, Inc.                                       | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     34472 | NS      | $25559264.40  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                        | Booking Holdings, Inc.                                                | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      9400 | NS      | $47017296.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                  | NetApp, Inc.                                                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |    170700 | NS      | $16446945.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo, Inc.                                   | Qorvo, Inc.                                                           | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |    169760 | NS      | $13259953.60  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                            | Tractor Supply Co.                                                    | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    177478 | NS      | $9030080.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings, Inc.           | Allison Transmission Holdings, Inc.                                   | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |    141456 | NS      | $15376267.20  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies, Inc.                      | Tyler Technologies, Inc.                                              | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     41186 | NS      | $15214108.40  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart, Inc.                                  | Copart, Inc.                                                          | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    465451 | NS      | $18888001.58  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                           | EOG Resources, Inc.                                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    179171 | NS      | $20090444.23  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                         | Gilead Sciences, Inc.                                                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    391256 | NS      | $55538789.20  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications, Inc.                     | Zoom Communications, Inc., Class A                                    | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |    228246 | NS      | $21021456.60  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign, Inc.                                | Docusign, Inc.                                                        | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |    271329 | NS      | $14255625.66  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals plc                      | Jazz Pharmaceuticals plc                                              | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     38375 | NS      | $6312303.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                     | O'Reilly Automotive, Inc.                                             | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    332565 | NS      | $32727721.65  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                    | Visa, Inc., Class A                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    407000 | NS      | $130984810.00 | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                     | Illinois Tool Works, Inc.                                             | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |    118762 | NS      | $31027760.12  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                              | McDonald's Corp.                                                      | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    201230 | NS      | $63387450.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                            | Cirrus Logic, Inc.                                                    | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |    131974 | NS      | $17201491.16  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                         | Paycom Software, Inc.                                                 | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     68215 | NS      | $9191971.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Aflac, Inc.                                   | Aflac, Inc.                                                           | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |    240327 | NS      | $26664280.65  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                         | Texas Roadhouse, Inc.                                                 | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     56618 | NS      | $10183313.48  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                         | Leidos Holdings, Inc.                                                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     69418 | NS      | $13070021.04  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                 | On Holding AG, Class A                                                | CUSIP: N/A<br>LEI: 506700FB3467B9W95526       | Long             | EC               | CORP              | CH        |    163477 | NS      | $7397334.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands, Inc.                             | Yum! Brands, Inc.                                                     | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    146556 | NS      | $22789458.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                                 | Accenture plc, Class A                                                | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |    190751 | NS      | $50289593.64  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                     | Crane Co.                                                             | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     33196 | NS      | $6062917.44   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita, Inc.                                  | DaVita, Inc.                                                          | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     94315 | NS      | $10312402.10  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                  | Fastenal Co.                                                          | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    174252 | NS      | $7555566.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co. (The)                      | New York Times Co. (The), Class A                                     | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    206049 | NS      | $15105452.19  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts, Inc.                         | Electronic Arts, Inc.                                                 | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |    127509 | NS      | $26001635.28  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                                | QUALCOMM, Inc.                                                        | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    317889 | NS      | $48188793.51  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                              | NRG Energy, Inc.                                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    132363 | NS      | $20202564.69  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast, Inc.                                   | Toast, Inc., Class A                                                  | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    519583 | NS      | $16164227.13  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                          | American Tower Corp.                                                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    106318 | NS      | $19060691.04  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                         | Lockheed Martin Corp.                                                 | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     69727 | NS      | $44222257.94  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit, Inc.                                  | Reddit, Inc., Class A                                                 | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     56476 | NS      | $10180928.52  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group, Inc.                             | EMCOR Group, Inc.                                                     | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     33008 | NS      | $23789855.84  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                       | Texas Instruments, Inc.                                               | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    220078 | NS      | $47437812.90  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                              | Salesforce, Inc.                                                      | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    258153 | NS      | $54803300.37  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                     | Extra Space Storage, Inc.                                             | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60701 | NS      | $8374916.97   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday, Inc.                                 | Workday, Inc., Class A                                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    114366 | NS      | $20086100.58  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings, Inc.      | CCC Intelligent Solutions Holdings, Inc.                              | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    969328 | NS      | $7347506.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                         | National Fuel Gas Co.                                                 | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    189527 | NS      | $15872886.25  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                         | Lamar Advertising Co., Class A                                        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |    131343 | NS      | $16852620.33  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block, Inc.                               | H&R Block, Inc.                                                       | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |    278262 | NS      | $10977435.90  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.                  | Iridium Communications, Inc.                                          | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    172148 | NS      | $3429188.16   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Monolithic Power Systems, Inc.                | Monolithic Power Systems, Inc.                                        | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     25492 | NS      | $28656831.80  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis, Inc.                                  | Zoetis, Inc.                                                          | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    207505 | NS      | $25900774.10  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                      | Palo Alto Networks, Inc.                                              | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    219661 | NS      | $38873407.17  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay, Inc.                                    | eBay, Inc.                                                            | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    263088 | NS      | $23998887.36  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp.                               | A O Smith Corp.                                                       | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |    132654 | NS      | $9748742.46   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Cintas Corp.                                  | Cintas Corp.                                                          | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145803 | NS      | $27905236.17  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                                     | Linde plc                                                             | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    138436 | NS      | $63261098.92  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                            | Best Buy Co., Inc.                                                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |    139211 | NS      | $9062636.10   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer