# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0001752724-23-066055
**Filing Date:** 2023-3
**Character Count:** 154410
**Document Hash:** 1f114d2a8def5d3887c17c43b47b61bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-066055.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-066055

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 23761644

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan U.S. Momentum Factor ETF (Series ID: S000059313)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000194672 | JPMorgan U.S. Momentum Factor ETF | JMOM            |

## Nport-Ex

**JPMorgan U.S. Momentum Factor ETF**

**Schedule of Portfolio Investments as of January 31, 2023**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED MUTUAL FUNDS HOLDINGS" LIST ("the <br> List") IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS <br> NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR <br> SALES LITERATURE WITH THE GENERAL PUBLIC. The list is <br> submitted for the general information of the shareholders of the Fund. <br> It is not authorized for distribution to prospective investors in the Fund <br> unless preceded or accompanied by a prospectus. The list has been <br> created from the books and records of the Fund. Holdings are <br> available 60 days after the fund's fiscal quarter, using a trade date <br> accounting convention, by contacting the appropriate service center. <br> The list is subject to change without notice. The list is for <br> 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., 2023. |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — 99.9%** | **Common Stocks — 99.9%** | **Common Stocks — 99.9%** |
| **Aerospace & Defense — 3.2%** | **Aerospace & Defense — 3.2%** | **Aerospace & Defense — 3.2%** |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. | 3067 | 186658 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp. | 1875 | 310875 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. | 4692 | 1093517 |
| &nbsp;&nbsp;&nbsp; HEICO Corp. | 1694 | 289589 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. | 16598 | 675373 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, Inc. | 2454 | 541205 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | 3670 | 1700164 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. | 2573 | 1152807 |
| &nbsp;&nbsp;&nbsp; Raytheon Technologies Corp. | 11215 | 1119818 |
| &nbsp;&nbsp;&nbsp; Textron, Inc. | 7122 | 518838 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7588844 |
| **Automobiles & Parts — 0.8%** | **Automobiles & Parts — 0.8%** | **Automobiles & Parts — 0.8%** |
| &nbsp;&nbsp;&nbsp; Ford Motor Co. | &nbsp;&nbsp; 76052 | &nbsp;&nbsp;&nbsp;&nbsp; 1027463 |
| &nbsp;&nbsp;&nbsp; Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276125 |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co. | &nbsp;&nbsp;&nbsp;&nbsp; 4172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700145 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2003733 |
| **Banks — 1.5%** | **Banks — 1.5%** | **Banks — 1.5%** |
| &nbsp;&nbsp;&nbsp; Bank OZK | &nbsp;&nbsp;&nbsp;&nbsp; 4848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221408 |
| &nbsp;&nbsp;&nbsp; Discover Financial Services | &nbsp;&nbsp;&nbsp;&nbsp; 3667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 428049 |
| &nbsp;&nbsp;&nbsp; East West Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 494283 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp. | &nbsp;&nbsp; 25608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 633286 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 716352 |
| &nbsp;&nbsp;&nbsp; Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212177 |
| &nbsp;&nbsp;&nbsp; Popular, Inc. (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 3728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255890 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp. | &nbsp;&nbsp; 28225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 664417 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3625862 |
| **Beverages — 0.4%** | **Beverages — 0.4%** | **Beverages — 0.4%** |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 8768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 537654 |
| &nbsp;&nbsp;&nbsp; Constellation Brands, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 2153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 498462 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1036116 |
| **Chemicals — 1.5%** | **Chemicals — 1.5%** | **Chemicals — 1.5%** |
| &nbsp;&nbsp;&nbsp; Albemarle Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 854763 |
| &nbsp;&nbsp;&nbsp; Ashland, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164998 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577400 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp. | &nbsp;&nbsp; 11609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 367889 |
| &nbsp;&nbsp;&nbsp; Mosaic Co. (The) | &nbsp;&nbsp; 12831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 635648 |
| &nbsp;&nbsp;&nbsp; Olin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 526796 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516409 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3643903 |
| **Construction & Materials — 1.7%** | **Construction & Materials — 1.7%** | **Construction & Materials — 1.7%** |
| &nbsp;&nbsp;&nbsp; Acuity Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316525 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296369 |
| &nbsp;&nbsp;&nbsp; AECOM | &nbsp;&nbsp;&nbsp;&nbsp; 7123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 621624 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 741609 |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577600 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Construction & Materials — continued** | **Construction & Materials — continued** | **Construction & Materials — continued** |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. | 8003 | 544924 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | 4787 | 728534 |
| &nbsp;&nbsp;&nbsp; Watsco, Inc. | 1249 | 358925 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4186110 |
| **Consumer Services — 1.0%** | **Consumer Services — 1.0%** | **Consumer Services — 1.0%** |
| &nbsp;&nbsp;&nbsp; Avis Budget Group, Inc. \* | 2510 | 502101 |
| &nbsp;&nbsp;&nbsp; Copart, Inc. \* | 12087 | 805115 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc. \* | 1540 | 179502 |
| &nbsp;&nbsp;&nbsp; H&R Block, Inc. | 13150 | 512587 |
| &nbsp;&nbsp;&nbsp; Rollins, Inc. | 10660 | 388024 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co. | 263 | 17629 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2404958 |
| **Electricity — 1.4%** | **Electricity — 1.4%** | **Electricity — 1.4%** |
| &nbsp;&nbsp;&nbsp; Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 842445 |
| &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp;&nbsp; 21721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 916409 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377886 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 279958 |
| &nbsp;&nbsp;&nbsp; Southern Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 7373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 499005 |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp;&nbsp; 22778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 525261 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3440964 |
| **Electronic & Electrical Equipment — 1.0%** | **Electronic & Electrical Equipment — 1.0%** | **Electronic & Electrical Equipment — 1.0%** |
| &nbsp;&nbsp;&nbsp; Hubbell, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 582347 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 849222 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 886028 |
| &nbsp;&nbsp;&nbsp; nVent Electric plc | &nbsp;&nbsp;&nbsp;&nbsp; 4583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182174 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2499771 |
| **Finance & Credit Services — 0.3%** | **Finance & Credit Services — 0.3%** | **Finance & Credit Services — 0.3%** |
| &nbsp;&nbsp;&nbsp; Morningstar, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105410 |
| &nbsp;&nbsp;&nbsp; SLM Corp. | &nbsp;&nbsp;&nbsp; 29624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520494 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625904 |
| **Food Producers — 2.8%** | **Food Producers — 2.8%** | **Food Producers — 2.8%** |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | &nbsp;&nbsp;&nbsp; 11561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 957829 |
| &nbsp;&nbsp;&nbsp; Bunge Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 661195 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co. | &nbsp;&nbsp;&nbsp; 11134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 578189 |
| &nbsp;&nbsp;&nbsp; Corteva, Inc. | &nbsp;&nbsp;&nbsp; 15408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 993046 |
| &nbsp;&nbsp;&nbsp; General Mills, Inc. | &nbsp;&nbsp;&nbsp; 12443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 975033 |
| &nbsp;&nbsp;&nbsp; Hershey Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 3764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 845394 |
| &nbsp;&nbsp;&nbsp; Kellogg Co. | &nbsp;&nbsp;&nbsp;&nbsp; 9461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 648835 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 714114 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25033 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 297288 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6695956 |
| **Gas, Water & Multi-utilities — 0.9%** | **Gas, Water & Multi-utilities — 0.9%** | **Gas, Water & Multi-utilities — 0.9%** |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy, Inc. | &nbsp;&nbsp;&nbsp; 22002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 662700 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp; 7780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 451707 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Gas, Water & Multi-utilities — continued** | **Gas, Water & Multi-utilities — continued** | **Gas, Water & Multi-utilities — continued** |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. | 19767 | 548534 |
| &nbsp;&nbsp;&nbsp; Sempra Energy | 2515 | 403230 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | 683 | 64195 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2130366 |
| **General Industrials — 0.9%** | **General Industrials — 0.9%** | **General Industrials — 0.9%** |
| &nbsp;&nbsp;&nbsp; Carlisle Cos., Inc. | 2186 | 548380 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co. | 19167 | 461733 |
| &nbsp;&nbsp;&nbsp; RPM International, Inc. | 3256 | 292747 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp. | 6139 | 336171 |
| &nbsp;&nbsp;&nbsp; Valmont Industries, Inc. | 1219 | 401941 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2040972 |
| **Health Care Providers — 3.2%** | **Health Care Providers — 3.2%** | **Health Care Providers — 3.2%** |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164679 |
| &nbsp;&nbsp;&nbsp; Cigna Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4929 | &nbsp;&nbsp;&nbsp;&nbsp; 1560866 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465248 |
| &nbsp;&nbsp;&nbsp; Humana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 621715 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4370 | &nbsp;&nbsp;&nbsp;&nbsp; 1002522 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7561 | &nbsp;&nbsp;&nbsp;&nbsp; 3774376 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7589406 |
| **Household Goods & Home Construction — 0.4%** | **Household Goods & Home Construction — 0.4%** | **Household Goods & Home Construction — 0.4%** |
| &nbsp;&nbsp;&nbsp; DR Horton, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 362883 |
| &nbsp;&nbsp;&nbsp; PulteGroup, Inc. | &nbsp;&nbsp;&nbsp; 12187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 693318 |
| &nbsp;&nbsp;&nbsp; Tempur Sealy International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10677 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1066878 |
| **Industrial Engineering — 0.7%** | **Industrial Engineering — 0.7%** | **Industrial Engineering — 0.7%** |
| &nbsp;&nbsp;&nbsp; Deere & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 4130 | &nbsp;&nbsp;&nbsp;&nbsp; 1746329 |
| **Industrial Metals & Mining — 0.7%** | **Industrial Metals & Mining — 0.7%** | **Industrial Metals & Mining — 0.7%** |
| &nbsp;&nbsp;&nbsp; Nucor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6081 | &nbsp;&nbsp;&nbsp;&nbsp; 1027811 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 584742 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1612553 |
| **Industrial Support Services — 2.7%** | **Industrial Support Services — 2.7%** | **Industrial Support Services — 2.7%** |
| &nbsp;&nbsp;&nbsp; American Express Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 935176 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 338038 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 563392 |
| &nbsp;&nbsp;&nbsp; Cintas Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 905230 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 702577 |
| &nbsp;&nbsp;&nbsp; FTI Consulting, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 264165 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 603301 |
| &nbsp;&nbsp;&nbsp; Paychex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 853772 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500729 |
| &nbsp;&nbsp;&nbsp; WW Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 778114 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6444494 |
| **Industrial Transportation — 3.0%** | **Industrial Transportation — 3.0%** | **Industrial Transportation — 3.0%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 207819 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 559249 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Industrial Transportation — continued** | **Industrial Transportation — continued** | **Industrial Transportation — continued** |
| &nbsp;&nbsp;&nbsp; JB Hunt Transport Services, Inc. | 3568 | 674530 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp. | 4058 | 997497 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line, Inc. | 2660 | 886419 |
| &nbsp;&nbsp;&nbsp; PACCAR, Inc. | 8487 | 927714 |
| &nbsp;&nbsp;&nbsp; Ryder System, Inc. | 3843 | 362818 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., Class B | 10275 | 1903238 |
| &nbsp;&nbsp;&nbsp; WillScot Mobile Mini Holdings Corp. \* | 11850 | 574251 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7093535 |
| **Investment Banking & Brokerage Services — 4.3%** | **Investment Banking & Brokerage Services — 4.3%** | **Investment Banking & Brokerage Services — 4.3%** |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial, Inc. | 2552 | 893506 |
| &nbsp;&nbsp;&nbsp; Ares Management Corp. | 8180 | 678858 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc., Class B \* | &nbsp;&nbsp; 11535 | &nbsp;&nbsp;&nbsp;&nbsp; 3593383 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. (The) | &nbsp;&nbsp; 20714 | &nbsp;&nbsp;&nbsp;&nbsp; 1603678 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. | &nbsp;&nbsp; 15067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 591832 |
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 701875 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley | &nbsp;&nbsp; 19468 | &nbsp;&nbsp;&nbsp;&nbsp; 1894821 |
| &nbsp;&nbsp;&nbsp; Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 447874 |
|  |  | &nbsp;&nbsp; 10405827 |
| **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** |
| &nbsp;&nbsp;&nbsp; Activision Blizzard, Inc. | &nbsp;&nbsp; 15324 | &nbsp;&nbsp;&nbsp;&nbsp; 1173359 |
| &nbsp;&nbsp;&nbsp; Mattel, Inc. \* | &nbsp;&nbsp; 15147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 309907 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1483266 |
| **Life Insurance — 0.8%** | **Life Insurance — 0.8%** | **Life Insurance — 0.8%** |
| &nbsp;&nbsp;&nbsp; Aflac, Inc. | &nbsp;&nbsp; 11178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 821583 |
| &nbsp;&nbsp;&nbsp; Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 426963 |
| &nbsp;&nbsp;&nbsp; Unum Group | &nbsp;&nbsp; 13514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 567993 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1816539 |
| **Media — 1.6%** | **Media — 1.6%** | **Media — 1.6%** |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp; 18764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 684135 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 9487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 671680 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 3044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 623320 |
| &nbsp;&nbsp;&nbsp; Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 661951 |
| &nbsp;&nbsp;&nbsp; Trade Desk, Inc. (The), Class A \* | &nbsp;&nbsp; 11421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 579045 |
| &nbsp;&nbsp;&nbsp; World Wrestling Entertainment, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 528198 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3748329 |
| **Medical Equipment & Services — 4.1%** | **Medical Equipment & Services — 4.1%** | **Medical Equipment & Services — 4.1%** |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 978635 |
| &nbsp;&nbsp;&nbsp; Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9009 | &nbsp;&nbsp;&nbsp;&nbsp; 2381799 |
| &nbsp;&nbsp;&nbsp; Dexcom, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 795572 |
| &nbsp;&nbsp;&nbsp; Insulet Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 676926 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 652718 |
| &nbsp;&nbsp;&nbsp; Repligen Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 502534 |
| &nbsp;&nbsp;&nbsp; ResMed, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720507 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Medical Equipment & Services — continued** | **Medical Equipment & Services — continued** | **Medical Equipment & Services — continued** |
| &nbsp;&nbsp;&nbsp; STERIS plc | 827 | 170784 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. | 5267 | 3003928 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9883403 |
| **Non-life Insurance — 4.4%** | **Non-life Insurance — 4.4%** | **Non-life Insurance — 4.4%** |
| &nbsp;&nbsp;&nbsp; American Financial Group, Inc. | 4135 | 589610 |
| &nbsp;&nbsp;&nbsp; Aon plc, Class A | 3935 | 1254006 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd. \* | 12029 | 774066 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co. | 4793 | 938086 |
| &nbsp;&nbsp;&nbsp; Assured Guaranty Ltd. | 2472 | 154747 |
| &nbsp;&nbsp;&nbsp; Brown & Brown, Inc. | 10003 | 585776 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd. | 6957 | 1582648 |
| &nbsp;&nbsp;&nbsp; Erie Indemnity Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118998 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8489 | &nbsp;&nbsp;&nbsp;&nbsp; 1484811 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp. | &nbsp;&nbsp;&nbsp; 11338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 299210 |
| &nbsp;&nbsp;&nbsp; Progressive Corp. (The) | &nbsp;&nbsp;&nbsp; 10376 | &nbsp;&nbsp;&nbsp;&nbsp; 1414768 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 453640 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 5666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 241485 |
| &nbsp;&nbsp;&nbsp; WR Berkley Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612743 |
|  |  | &nbsp;&nbsp; 10504594 |
| **Non-Renewable Energy — 5.1%** | **Non-Renewable Energy — 5.1%** | **Non-Renewable Energy — 5.1%** |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp. \* | &nbsp;&nbsp;&nbsp; 15888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 458210 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 859749 |
| &nbsp;&nbsp;&nbsp; Chevron Corp. | &nbsp;&nbsp;&nbsp; 12920 | &nbsp;&nbsp;&nbsp;&nbsp; 2248338 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips | &nbsp;&nbsp;&nbsp; 17734 | &nbsp;&nbsp;&nbsp;&nbsp; 2161243 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 133235 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | &nbsp;&nbsp;&nbsp; 14165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 895795 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213342 |
| &nbsp;&nbsp;&nbsp; Hess Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 855011 |
| &nbsp;&nbsp;&nbsp; Marathon Oil Corp. | &nbsp;&nbsp;&nbsp; 22129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 607884 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9475 | &nbsp;&nbsp;&nbsp;&nbsp; 1217727 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp; 16321 | &nbsp;&nbsp;&nbsp;&nbsp; 1057438 |
| &nbsp;&nbsp;&nbsp; Pioneer Natural Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp; 3867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 890763 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 645247 |
| &nbsp;&nbsp;&nbsp; Vitesse Energy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28297 |
|  |  | &nbsp;&nbsp; 12272279 |
| **Personal Care, Drug & Grocery Stores — 2.5%** | **Personal Care, Drug & Grocery Stores — 2.5%** | **Personal Care, Drug & Grocery Stores — 2.5%** |
| &nbsp;&nbsp;&nbsp; AmerisourceBergen Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 770120 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239213 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. | &nbsp;&nbsp;&nbsp; 14168 | &nbsp;&nbsp;&nbsp;&nbsp; 1249901 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13918 |
| &nbsp;&nbsp;&nbsp; Kroger Co. (The) | &nbsp;&nbsp;&nbsp; 14817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 661283 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2883 | &nbsp;&nbsp;&nbsp;&nbsp; 1091734 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp; 12834 | &nbsp;&nbsp;&nbsp;&nbsp; 1827305 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62653 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5916127 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Personal Goods — 0.8%** | **Personal Goods — 0.8%** | **Personal Goods — 0.8%** |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd. \* | 9595 | 637971 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp. \* | 1540 | 658319 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. | 15196 | 692482 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1988772 |
| **Pharmaceuticals, Biotechnology & Marijuana Producers — 6.4%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 6.4%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 6.4%** |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | 22445 | 3316249 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc. \* | 3405 | 770892 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | 24108 | 1751446 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. | 8975 | 693319 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | 10914 | 3756053 |
| &nbsp;&nbsp;&nbsp; Pfizer, Inc. | 55407 | 2446773 |
| &nbsp;&nbsp;&nbsp; Seagen, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 559734 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 590027 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4452 | &nbsp;&nbsp;&nbsp;&nbsp; 1438441 |
|  |  | &nbsp;&nbsp; 15322934 |
| **Real Estate Investment & Services — 0.4%** | **Real Estate Investment & Services — 0.4%** | **Real Estate Investment & Services — 0.4%** |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 9752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 833894 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131812 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 965706 |
| **Real Estate Investment Trusts — 3.0%** | **Real Estate Investment Trusts — 3.0%** | **Real Estate Investment Trusts — 3.0%** |
| &nbsp;&nbsp;&nbsp; Crown Castle, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 504611 |
| &nbsp;&nbsp;&nbsp; CubeSmart | &nbsp;&nbsp;&nbsp;&nbsp; 8727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399609 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612380 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 357406 |
| &nbsp;&nbsp;&nbsp; Invitation Homes, Inc. | &nbsp;&nbsp; 15321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 497933 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc. | &nbsp;&nbsp; 12090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 659872 |
| &nbsp;&nbsp;&nbsp; Life Storage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 504547 |
| &nbsp;&nbsp;&nbsp; Prologis, Inc. | &nbsp;&nbsp; 12431 | &nbsp;&nbsp;&nbsp;&nbsp; 1607080 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc. | &nbsp;&nbsp; 17915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612335 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co. | &nbsp;&nbsp; 21287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 732911 |
| &nbsp;&nbsp;&nbsp; WP Carey, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 597427 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7086111 |
| **Retailers — 6.6%** | **Retailers — 6.6%** | **Retailers — 6.6%** |
| &nbsp;&nbsp;&nbsp; AutoNation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550725 |
| &nbsp;&nbsp;&nbsp; AutoZone, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 990173 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 601501 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6110 | &nbsp;&nbsp;&nbsp;&nbsp; 3123065 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608165 |
| &nbsp;&nbsp;&nbsp; Dollar Tree, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 846414 |
| &nbsp;&nbsp;&nbsp; GameStop Corp., Class A \* (a) | &nbsp;&nbsp; 15988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349658 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. (The) | &nbsp;&nbsp; 12638 | &nbsp;&nbsp;&nbsp;&nbsp; 4096860 |
| &nbsp;&nbsp;&nbsp; Kohl's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 272782 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 923797 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1276 | &nbsp;&nbsp;&nbsp;&nbsp; 1011039 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 527002 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Retailers — continued** | **Retailers — continued** | **Retailers — continued** |
| &nbsp;&nbsp;&nbsp; TJX Cos., Inc. (The) | 19409 | 1588821 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co. | 1829 | 416994 |
|  |  | &nbsp;&nbsp; 15906996 |
| **Software & Computer Services — 12.0%** | **Software & Computer Services — 12.0%** | **Software & Computer Services — 12.0%** |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class A \* | 37824 | 3738524 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd. | 6732 | 618873 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc., Class A \* | 1793 | 552405 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc. \* | 5969 | 1091312 |
| &nbsp;&nbsp;&nbsp; Cloudflare, Inc., Class A \* | 9144 | 483809 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings, Inc., Class A \* | 4325 | 458018 |
| &nbsp;&nbsp;&nbsp; Datadog, Inc., Class A \* | 6644 | 497038 |
| &nbsp;&nbsp;&nbsp; Dell Technologies, Inc., Class C | &nbsp;&nbsp; 12314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500195 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co. \* | &nbsp;&nbsp; 19332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 555408 |
| &nbsp;&nbsp;&nbsp; Fortinet, Inc. \* | &nbsp;&nbsp; 15126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 791695 |
| &nbsp;&nbsp;&nbsp; Gartner, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 762168 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. | &nbsp;&nbsp; 22686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 522005 |
| &nbsp;&nbsp;&nbsp; GoDaddy, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 7916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650141 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | &nbsp;&nbsp; 43673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 704445 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | &nbsp;&nbsp; 13634 | &nbsp;&nbsp;&nbsp;&nbsp; 1836909 |
| &nbsp;&nbsp;&nbsp; KBR, Inc. | &nbsp;&nbsp; 10588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 542423 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585924 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 531478 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 18071 | &nbsp;&nbsp;&nbsp;&nbsp; 4478175 |
| &nbsp;&nbsp;&nbsp; MongoDB, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393075 |
| &nbsp;&nbsp;&nbsp; NCR Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204087 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 23306 | &nbsp;&nbsp;&nbsp;&nbsp; 2061649 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 922650 |
| &nbsp;&nbsp;&nbsp; Paycom Software, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 513769 |
| &nbsp;&nbsp;&nbsp; PTC, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677232 |
| &nbsp;&nbsp;&nbsp; Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 514660 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 373193 |
| &nbsp;&nbsp;&nbsp; ServiceNow, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3023 | &nbsp;&nbsp;&nbsp;&nbsp; 1375858 |
| &nbsp;&nbsp;&nbsp; Synopsys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3162 | &nbsp;&nbsp;&nbsp;&nbsp; 1118557 |
| &nbsp;&nbsp;&nbsp; VMware, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 5682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 695875 |
|  |  | &nbsp;&nbsp; 28751550 |
| **Technology Hardware & Equipment — 13.5%** | **Technology Hardware & Equipment — 13.5%** | **Technology Hardware & Equipment — 13.5%** |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems, Inc. (Japan) \* | &nbsp;&nbsp;&nbsp;&nbsp; 4989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190430 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp., Class A | &nbsp;&nbsp; 12730 | &nbsp;&nbsp;&nbsp;&nbsp; 1015472 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp; 29730 | &nbsp;&nbsp;&nbsp;&nbsp; 4289742 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. | &nbsp;&nbsp; 14430 | &nbsp;&nbsp;&nbsp;&nbsp; 1608801 |
| &nbsp;&nbsp;&nbsp; Avnet, Inc. | &nbsp;&nbsp; 11747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 538952 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5458 | &nbsp;&nbsp;&nbsp;&nbsp; 3192985 |
| &nbsp;&nbsp;&nbsp; CDW Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 802547 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136308 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169747 |
| &nbsp;&nbsp;&nbsp; Corning, Inc. | &nbsp;&nbsp; 22402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 775333 |
| &nbsp;&nbsp;&nbsp; GLOBALFOUNDRIES, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 8428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 499612 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Technology Hardware & Equipment — continued** | **Technology Hardware & Equipment — continued** | **Technology Hardware & Equipment — continued** |
| &nbsp;&nbsp;&nbsp; HP, Inc. | 27854 | 811665 |
| &nbsp;&nbsp;&nbsp; Jabil, Inc. | 8223 | 646574 |
| &nbsp;&nbsp;&nbsp; KLA Corp. | 2873 | 1127595 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | 2632 | 1316263 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp. \* | 8328 | 631179 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. | 19235 | 829990 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. | 9548 | 741116 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. | 1614 | 688468 |
| &nbsp;&nbsp;&nbsp; National Instruments Corp. | 3558 | 192132 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. | 8959 | 593355 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | 25989 | 5077471 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. \* | &nbsp;&nbsp; 11597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 851800 |
| &nbsp;&nbsp;&nbsp; Pure Storage, Inc., Class A \* | &nbsp;&nbsp; 18982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 549339 |
| &nbsp;&nbsp;&nbsp; QUALCOMM, Inc. | &nbsp;&nbsp; 10617 | &nbsp;&nbsp;&nbsp;&nbsp; 1414291 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 346288 |
| &nbsp;&nbsp;&nbsp; Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 657694 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. | &nbsp;&nbsp; 13192 | &nbsp;&nbsp;&nbsp;&nbsp; 2337754 |
| &nbsp;&nbsp;&nbsp; Wolfspeed, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460982 |
|  |  | &nbsp;&nbsp; 32493885 |
| **Telecommunications Equipment — 1.8%** | **Telecommunications Equipment — 1.8%** | **Telecommunications Equipment — 1.8%** |
| &nbsp;&nbsp;&nbsp; Arista Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 807032 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp; 40535 | &nbsp;&nbsp;&nbsp;&nbsp; 1972838 |
| &nbsp;&nbsp;&nbsp; Juniper Networks, Inc. | &nbsp;&nbsp; 18334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 592188 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 941942 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4314000 |
| **Telecommunications Service Providers — 0.7%** | **Telecommunications Service Providers — 0.7%** | **Telecommunications Service Providers — 0.7%** |
| &nbsp;&nbsp;&nbsp; AT&T, Inc. | &nbsp;&nbsp; 61419 | &nbsp;&nbsp;&nbsp;&nbsp; 1251105 |
| &nbsp;&nbsp;&nbsp; T-Mobile US, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333111 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1584216 |
| **Travel & Leisure — 2.4%** | **Travel & Leisure — 2.4%** | **Travel & Leisure — 2.4%** |
| &nbsp;&nbsp;&nbsp; Aramark | &nbsp;&nbsp; 13395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 596479 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 556241 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 609 | &nbsp;&nbsp;&nbsp;&nbsp; 1002645 |
| &nbsp;&nbsp;&nbsp; Choice Hotels International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276134 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 947148 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 3989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435280 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7445 | &nbsp;&nbsp;&nbsp;&nbsp; 1990793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5804720 |
| **Waste & Disposal Services — 0.8%** | **Waste & Disposal Services — 0.8%** | **Waste & Disposal Services — 0.8%** |
| &nbsp;&nbsp;&nbsp; Republic Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 690005 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7369 | &nbsp;&nbsp;&nbsp;&nbsp; 1140205 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1830210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $234,863,390)<br>|  | 239556118 |

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE ($)**<br>|
| **Short-Term Investments — 0.5%** | **Short-Term Investments — 0.5%** | **Short-Term Investments — 0.5%** |
| **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, 4.15% (b) (c)(Cost $432,884) | 432884 | 432884 |
| **Investment of Cash Collateral from Securities Loaned — 0.3%** | **Investment of Cash Collateral from Securities Loaned — 0.3%** | **Investment of Cash Collateral from Securities Loaned — 0.3%** |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.15% (b) (c)(Cost $816,399) | 816399 | 816399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $1,249,283)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 1249283 |
| **Total Investments — 100.4%** <br>**(Cost $236,112,673)**<br>|  | **240805401** |
| **Liabilities in Excess of Other Assets — (0.4)%** |  | **(1014543)** |
| **NET ASSETS — 100.0%** |  | **239790858** |

---

&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;

\* Non-income producing security. 

(a) The security or a portion of this security is on loan at January 31, 2023. The total value of securities on loan at January 31, 2023 is $823,774.

(b) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. 

(c) The rate shown is the current yield as of January 31, 2023.

**Futures contracts outstanding as of January 31, 2023:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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** |  |  |  |  |  |
| Micro E-mini S&P 500 Index | 7 | 03/17/2023 | USD | 143176 | 6053 |

---

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

---

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

---

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (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 Board is required to determine fair value for securities that do not have readily available market quotations. Under SEC Rule 2a-5 (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 Funds 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 Funds. 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 NAVs of the Fund is calculated on a valuation date. Certain foreign equity instruments are valued by applying international fair value factors provided by approved Pricing Services. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAVs are calculated.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAVs 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) | $240805401 | $— | $— | $240805401 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | $6053 | $— | $— | $6053 |

---

&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, which are 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

------

**JPMorgan U.S. Momentum Factor ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

issuers. 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, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2022**<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>**2023**<br>| **Shares at** <br>**January 31,** <br>**2023**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund Class IM Shares, 4.15% (a) (b)<br>| $1131417 | $2955996 | $3271014 | $— | $— | $816399 | 816399 | $8280 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund Class IM Shares, 4.15% (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 340337 | &nbsp;&nbsp; 3698127 | &nbsp;&nbsp; 3605580 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 432884 | 432884 | &nbsp;&nbsp;&nbsp;&nbsp; 6567 | &nbsp;&nbsp; — |
| **Total** | $1471754 | $6654123 | $6876594 | $— | $— | $1249283 |  | $14847 | $— |

---

&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, 2023.

------

## 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:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

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

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

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

- **b. EDGAR series identifier (if any):** S000059313

- **c. LEI of Series:** 549300TB3RJ6CUB5CE17

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $240629376.77

**Total Liabilities:** $840200.94

**Net Assets:** $239789175.83

**Cash Not Reported:** $11629.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194672 | 5.36%                | -5.89%               | 5.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $109903.03               | $11693052.96                               |
| Month 2  | $-8628263.18             | $-5726517.15                               |
| Month 3  | $0.18                    | $11285527.34                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                           | CBRE Group, Inc., Class A                                  | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      9620 | NS      | $822606.20    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown, Inc.                        | Brown & Brown, Inc.                                        | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     10003 | NS      | $585775.68    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                               | Oracle Corp.                                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     23306 | NS      | $2061648.76   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.               | Cadence Design Systems, Inc.                               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5908 | NS      | $1080159.64   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                 | Archer-Daniels-Midland Co.                                 | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     11561 | NS      | $957828.85    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                                          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      1839 | NS      | $213342.39    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                    | Louisiana-Pacific Corp.                                    | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      8003 | NS      | $544924.27    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                             | Alphabet, Inc., Class A                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     37710 | NS      | $3727256.40   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                  | United Therapeutics Corp.                                  | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      2242 | NS      | $590027.14    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                  | CubeSmart                                                  | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8727 | NS      | $399609.33    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                 | Crowdstrike Holdings, Inc., Class A                        | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4325 | NS      | $458017.50    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                     | Waste Management, Inc.                                     | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      7369 | NS      | $1140205.37   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                           | OGE Energy Corp.                                           | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      7120 | NS      | $279958.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology, Inc.                 | Microchip Technology, Inc.                                 | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      9548 | NS      | $741115.76    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                             | Amphenol Corp., Class A                                    | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     12730 | NS      | $1015472.10   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                 | Chubb Ltd.                                                 | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      6908 | NS      | $1571500.92   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                               | NVIDIA Corp.                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     25931 | NS      | $5066139.47   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                               | Gentex Corp.                                               | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |      9357 | NS      | $276125.07    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                        | Carlisle Cos., Inc.                                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2186 | NS      | $548379.96    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil, Inc.                                | Jabil, Inc.                                                | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      8223 | NS      | $646574.49    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric plc                         | nVent Electric plc                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      4583 | NS      | $182174.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                      | AECOM                                                      | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      7123 | NS      | $621624.21    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                | Lattice Semiconductor Corp.                                | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |      8328 | NS      | $631179.12    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.            | Hilton Worldwide Holdings, Inc.                            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      6451 | NS      | $935975.59    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                     | Northrop Grumman Corp.                                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      2573 | NS      | $1152806.92   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                  | KLA Corp.                                                  | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2873 | NS      | $1127595.04   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                       | Curtiss-Wright Corp.                                       | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      1875 | NS      | $310875.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings, Inc.         | BJ's Wholesale Club Holdings, Inc.                         | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      8300 | NS      | $601501.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                   | Bristol-Myers Squibb Co.                                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     24108 | NS      | $1751446.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital, Inc.                          | Gen Digital, Inc.                                          | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     22686 | NS      | $522004.86    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                            | Eli Lilly & Co.                                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     10881 | NS      | $3744696.15   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                              | Danaher Corp.                                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      9009 | NS      | $2381799.42   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                      | Deckers Outdoor Corp.                                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      1540 | NS      | $658319.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace, Inc.                     | Howmet Aerospace, Inc.                                     | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     16598 | NS      | $675372.62    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp.                             | Repligen Corp.                                             | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |      2712 | NS      | $502533.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.      | International Business Machines Corp.                      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     13634 | NS      | $1836908.82   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                   | Bank OZK                                                   | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |      4848 | NS      | $221408.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                 | Constellation Brands, Inc., Class A                        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      2104 | NS      | $487118.08    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                             | WP Carey, Inc.                                             | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |      6985 | NS      | $597427.05    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Ltd.                                 | Bunge Ltd.                                                 | CUSIP: N/A<br>LEI: 5493007M0RIN8HY3MM77       | Long             | EC               | CORP              | BM        |      6672 | NS      | $661195.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                    | Republic Services, Inc.                                    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      5528 | NS      | $690004.96    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide, Inc.                | CH Robinson Worldwide, Inc.                                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      5583 | NS      | $559249.11    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc.         | Mettler-Toledo International, Inc.                         | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       578 | NS      | $886027.76    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                | Apple, Inc.                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     29653 | NS      | $4278631.37   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed, Inc.                               | ResMed, Inc.                                               | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      3155 | NS      | $720507.35    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.            | Automatic Data Processing, Inc.                            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1447 | NS      | $326747.07    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                         | Devon Energy Corp.                                         | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     13988 | NS      | $884601.12    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.        | Gaming and Leisure Properties, Inc.                        | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |      6673 | NS      | $357405.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy, Inc.                       | Vitesse Energy, Inc.                                       | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1773 | NS      | $28297.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates, Inc.              | Jack Henry & Associates, Inc.                              | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      3350 | NS      | $603301.50    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage, Inc.                         | Life Storage, Inc.                                         | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |      4670 | NS      | $504546.80    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                           | Fair Isaac Corp.                                           | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1055 | NS      | $702577.25    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                              | Gartner, Inc.                                              | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      2254 | NS      | $762167.56    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International, Inc.          | Choice Hotels International, Inc.                          | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |      2247 | NS      | $276133.83    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                      | Cheniere Energy, Inc.                                      | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      5627 | NS      | $859749.33    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Corp.                                  | NCR Corp.                                                  | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |      7443 | NS      | $204087.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                       | American Express Co.                                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      5346 | NS      | $935175.78    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co., Inc.                | Acadia Healthcare Co., Inc.                                | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      1825 | NS      | $153336.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                           | Kroger Co. (The)                                           | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     14817 | NS      | $661282.71    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings, Inc.             | Spectrum Brands Holdings, Inc.                             | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |       923 | NS      | $62653.24     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                 | AT&T, Inc.                                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     60873 | NS      | $1239983.01   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                               | Pfizer, Inc.                                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     55407 | NS      | $2446773.12   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                      | Arista Networks, Inc.                                      | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      6404 | NS      | $807032.08    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp.                    | Regions Financial Corp.                                    | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     28225 | NS      | $664416.50    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd.                        | Capri Holdings Ltd.                                        | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | VG        |      9595 | NS      | $637971.55    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                      | Assured Guaranty Ltd.                                      | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |      2472 | NS      | $154747.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                | Nucor Corp.                                                | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      6081 | NS      | $1027810.62   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                     | Juniper Networks, Inc.                                     | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |     18334 | NS      | $592188.20    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education, Inc.               | Grand Canyon Education, Inc.                               | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      1540 | NS      | $179502.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                | United Parcel Service, Inc., Class B                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     10275 | NS      | $1903238.25   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co.                          | Genuine Parts Co.                                          | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      4172 | NS      | $700145.04    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.                   | Marvell Technology, Inc.                                   | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19235 | NS      | $829990.25    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.             | Hewlett Packard Enterprise Co.                             | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     43673 | NS      | $704445.49    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar, Inc.                          | Morningstar, Inc.                                          | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |       434 | NS      | $105409.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                       | Steel Dynamics, Inc.                                       | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      4847 | NS      | $584742.08    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                    | Aramark                                                    | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     13395 | NS      | $596479.35    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                             | Teradyne, Inc.                                             | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      6467 | NS      | $657693.90    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life, Inc.                           | Globe Life, Inc.                                           | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      3533 | NS      | $426963.05    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC, Inc.                                  | PTC, Inc.                                                  | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      5021 | NS      | $677232.48    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings, Inc.                 | Lamb Weston Holdings, Inc.                                 | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      7149 | NS      | $714113.61    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                    | Progressive Corp. (The)                                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     10376 | NS      | $1414767.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group, Inc.                  | Nexstar Media Group, Inc.                                  | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      3044 | NS      | $623319.88    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp.                    | Paylocity Holding Corp.                                    | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      2404 | NS      | $500729.16    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk, Inc. (The)                     | Trade Desk, Inc. (The), Class A                            | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     11421 | NS      | $579044.70    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                     | Home Depot, Inc. (The)                                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     12602 | NS      | $4085190.34   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                        | General Mills, Inc.                                        | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     12443 | NS      | $975033.48    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                   | Jones Lang LaSalle, Inc.                                   | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |       713 | NS      | $131812.31    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners, Inc.          | Pinnacle Financial Partners, Inc.                          | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      2695 | NS      | $212177.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                              | Popular, Inc.                                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      3728 | NS      | $255889.92    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES, Inc.                      | GLOBALFOUNDRIES, Inc.                                      | CUSIP: N/A<br>LEI: 549300BA76VK784VMX48       | Long             | EC               | CORP              | KY        |      8428 | NS      | $499611.84    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Old Republic International Corp.           | Old Republic International Corp.                           | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     10915 | NS      | $288046.85    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                           | Weyerhaeuser Co.                                           | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     21287 | NS      | $732911.41    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger, Inc.                          | WW Grainger, Inc.                                          | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1320 | NS      | $778113.60    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill, Inc.               | Chipotle Mexican Grill, Inc.                               | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       609 | NS      | $1002645.42   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Brands, Inc.                        | Acuity Brands, Inc.                                        | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1679 | NS      | $316525.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp.                      | Pilgrim's Pride Corp.                                      | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |      1031 | NS      | $25032.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp.                                 | Hess Corp.                                                 | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      5694 | NS      | $855011.04    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp.                     | General Dynamics Corp.                                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      4692 | NS      | $1093517.52   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co.                                | Deere & Co.                                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      4130 | NS      | $1746329.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                             | Huntsman Corp.                                             | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     11609 | NS      | $367889.21    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource, Inc.                 | Builders FirstSource, Inc.                                 | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      9305 | NS      | $741608.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                              | Ashland, Inc.                                              | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      1510 | NS      | $164997.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                  | Consolidated Edison, Inc.                                  | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      8839 | NS      | $842445.09    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems, Inc.            | Advanced Drainage Systems, Inc.                            | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      2939 | NS      | $296368.76    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                         | Southern Co. (The)                                         | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      7373 | NS      | $499004.64    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                               | Mattel, Inc.                                               | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     15147 | NS      | $309907.62    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                         | Ryder System, Inc.                                         | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |      3843 | NS      | $362817.63    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                              | Corteva, Inc.                                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     15408 | NS      | $993045.60    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco, Inc.                               | Watsco, Inc.                                               | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      1249 | NS      | $358925.13    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp.                                | HEICO Corp.                                                | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1694 | NS      | $289589.30    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp.                            | TD SYNNEX Corp.                                            | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      3390 | NS      | $346288.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                               | Nasdaq, Inc.                                               | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      7441 | NS      | $447873.79    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                             | AutoZone, Inc.                                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       406 | NS      | $990173.10    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos., Inc. (The)      | Interpublic Group of Cos., Inc. (The)                      | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     18764 | NS      | $684135.44    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                | Discover Financial Services                                | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      3667 | NS      | $428048.91    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolfspeed, Inc.                            | Wolfspeed, Inc.                                            | CUSIP: 977852102<br>LEI: 549300OGU88P3AW3TO93 | Long             | EC               | CORP              | US        |      5986 | NS      | $460981.86    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins, Inc.                              | Rollins, Inc.                                              | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     10660 | NS      | $388024.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                             | Broadcom, Inc.                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5458 | NS      | $3192984.58   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                             | McKesson Corp.                                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2883 | NS      | $1091734.44   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                              | Datadog, Inc., Class A                                     | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      6644 | NS      | $497037.64    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                   | Roper Technologies, Inc.                                   | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      1180 | NS      | $503565.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd.                                | Amdocs Ltd.                                                | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |      6732 | NS      | $618872.76    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                     | Costco Wholesale Corp.                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      6088 | NS      | $3111820.32   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                     | BWX Technologies, Inc.                                     | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      3067 | NS      | $186657.62    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co.              | Graphic Packaging Holding Co.                              | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19167 | NS      | $461733.03    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VMware, Inc.                               | VMware, Inc., Class A                                      | CUSIP: 928563402<br>LEI: 549300BUDHS3LRWBE814 | Long             | EC               | CORP              | US        |      5682 | NS      | $695874.54    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp.                           | Concentrix Corp.                                           | CUSIP: 20602D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1197 | NS      | $169746.57    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                | Keysight Technologies, Inc.                                | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      4735 | NS      | $849222.25    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon plc                                    | Aon plc, Class A                                           | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |      3935 | NS      | $1254005.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group, Inc.                    | Avis Budget Group, Inc.                                    | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |      2510 | NS      | $502100.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.              | Alnylam Pharmaceuticals, Inc.                              | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      3405 | NS      | $770892.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp.               | Grocery Outlet Holding Corp.                               | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       458 | NS      | $13918.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp.                         | Marathon Oil Corp.                                         | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     22129 | NS      | $607883.63    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes, Inc.                     | Invitation Homes, Inc.                                     | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15321 | NS      | $497932.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                    | Arch Capital Group Ltd.                                    | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |     12029 | NS      | $774066.15    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy, Inc.                              | GoDaddy, Inc., Class A                                     | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      7916 | NS      | $650141.08    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet, Inc.                             | Fortinet, Inc.                                             | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     15126 | NS      | $791694.84    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                   | Motorola Solutions, Inc.                                   | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      3665 | NS      | $941941.65    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| GameStop Corp.                             | GameStop Corp., Class A                                    | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |     15988 | NS      | $349657.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Cardinal Health, Inc.                      | Cardinal Health, Inc.                                      | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8975 | NS      | $693318.75    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp.                     | Antero Resources Corp.                                     | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     15888 | NS      | $458209.92    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                      | Eagle Materials, Inc.                                      | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      3954 | NS      | $577600.32    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co.                   | Arthur J Gallagher & Co.                                   | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      4793 | NS      | $938085.96    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom, Inc.                               | Dexcom, Inc.                                               | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      7429 | NS      | $795571.61    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard, Inc.                  | Activision Blizzard, Inc.                                  | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     15324 | NS      | $1173358.68   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WR Berkley Corp.                           | WR Berkley Corp.                                           | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      8736 | NS      | $612743.04    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc.                                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     40306 | NS      | $1961693.02   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning, Inc.                              | Corning, Inc.                                              | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     22402 | NS      | $775333.22    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                  | KBR, Inc.                                                  | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     10588 | NS      | $542423.24    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                          | FirstEnergy Corp.                                          | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |      9228 | NS      | $377886.60    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.               | Casey's General Stores, Inc.                               | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1014 | NS      | $239212.74    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.        | Huntington Ingalls Industries, Inc.                        | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      2454 | NS      | $541205.16    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource, Inc.                             | NiSource, Inc.                                             | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     19767 | NS      | $548534.25    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services, Inc.           | JB Hunt Transport Services, Inc.                           | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      3568 | NS      | $674530.40    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                   | Berkshire Hathaway, Inc., Class B                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     11535 | NS      | $3593383.20   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                             | Morgan Stanley                                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     19468 | NS      | $1894820.44   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                          | T-Mobile US, Inc.                                          | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      2231 | NS      | $333110.61    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | S&P 500 Micro E-Mini Future Equity Index                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        22 | NC      | $15028.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                      | Quanta Services, Inc.                                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      4787 | NS      | $728533.53    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HP, Inc.                                   | HP, Inc.                                                   | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     27854 | NS      | $811665.56    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals, Inc.               | Vertex Pharmaceuticals, Inc.                               | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      4452 | NS      | $1438441.20   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings, Inc.                        | Post Holdings, Inc.                                        | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |      3131 | NS      | $297288.45    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                          | Lowe's Cos., Inc.                                          | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      4436 | NS      | $923797.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                               | Kohl's Corp.                                               | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |      8076 | NS      | $261420.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                    | Applied Materials, Inc.                                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     14430 | NS      | $1608800.70   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                 | Manhattan Associates, Inc.                                 | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      4077 | NS      | $531477.72    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                               | Exelon Corp.                                               | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     21721 | NS      | $916408.99    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems, Inc.                 | Allegro MicroSystems, Inc.                                 | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4989 | NS      | $190430.13    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                              | Chevron Corp.                                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12920 | NS      | $2248338.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp.                                | Cigna Corp.                                                | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      4929 | NS      | $1560866.43   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Co.                          | Campbell Soup Co.                                          | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     11134 | NS      | $578188.62    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp.                              | Insulet Corp.                                              | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      2356 | NS      | $676925.92    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co.                         | Erie Indemnity Co., Class A                                | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |       487 | NS      | $118998.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     17734 | NS      | $2161242.58   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International, Inc.                    | RPM International, Inc.                                    | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      3256 | NS      | $292746.96    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                         | Crown Castle, Inc.                                         | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      3407 | NS      | $504610.77    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                 | Charles Schwab Corp. (The)                                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     20714 | NS      | $1603677.88   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage, Inc.                         | Pure Storage, Inc., Class A                                | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     18593 | NS      | $538081.42    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempur Sealy International, Inc.           | Tempur Sealy International, Inc.                           | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |       262 | NS      | $10676.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| World Wrestling Entertainment, Inc.        | World Wrestling Entertainment, Inc., Class A               | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |      6242 | NS      | $528198.04    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                               | Vistra Corp.                                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     22778 | NS      | $525260.68    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp.                             | Westlake Corp.                                             | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |      4114 | NS      | $504993.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.   | Science Applications International Corp.                   | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      3596 | NS      | $373192.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                        | Coca-Cola Co. (The)                                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      8768 | NS      | $537653.76    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                | Marsh & McLennan Cos., Inc.                                | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      8489 | NS      | $1484810.99   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                       | TJX Cos., Inc. (The)                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     19409 | NS      | $1588820.74   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp.                                 | Olin Corp.                                                 | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |      8156 | NS      | $526796.04    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy, Inc.                       | Coterra Energy, Inc.                                       | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      4876 | NS      | $122046.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings Corp.        | WillScot Mobile Mini Holdings Corp.                        | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     11850 | NS      | $574251.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group, Inc.              | Penske Automotive Group, Inc.                              | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      4123 | NS      | $527001.86    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                           | ServiceNow, Inc.                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3023 | NS      | $1375857.99   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                     | Norfolk Southern Corp.                                     | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      4058 | NS      | $997496.98    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                 | Ameriprise Financial, Inc.                                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2552 | NS      | $893506.24    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                      | VICI Properties, Inc.                                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     17915 | NS      | $612334.70    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings, Inc.                       | IQVIA Holdings, Inc.                                       | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      4321 | NS      | $991280.61    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                 | Procter & Gamble Co. (The)                                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     12834 | NS      | $1827304.92   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies, Inc.                 | Agilent Technologies, Inc.                                 | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      6435 | NS      | $978634.80    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.             | American Financial Group, Inc.                             | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      4135 | NS      | $589609.65    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                | Dick's Sporting Goods, Inc.                                | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      4651 | NS      | $608164.76    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings, Inc.              | Ryan Specialty Holdings, Inc.                              | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5666 | NS      | $241484.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings, Inc.               | LPL Financial Holdings, Inc.                               | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2960 | NS      | $701875.20    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                              | Hubbell, Inc.                                              | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      2544 | NS      | $582347.04    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Co.                                | Kellogg Co.                                                | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      9461 | NS      | $648835.38    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                           | AutoNation, Inc.                                           | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4346 | NS      | $550725.12    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana, Inc.                               | Humana, Inc.                                               | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1215 | NS      | $621715.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                              | Paychex, Inc.                                              | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      7369 | NS      | $853772.34    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corp.                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     18025 | NS      | $4466775.25   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron, Inc.                              | Textron, Inc.                                              | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      7122 | NS      | $518837.70    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics, Inc.                    | Quest Diagnostics, Inc.                                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      4396 | NS      | $652718.08    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                      | Ares Management Corp.                                      | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |      8044 | NS      | $667571.56    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co.                         | DXC Technology Co.                                         | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |     19332 | NS      | $555408.36    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.               | CF Industries Holdings, Inc.                               | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      6817 | NS      | $577399.90    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                | Avnet, Inc.                                                | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     11747 | NS      | $538952.36    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                             | Prologis, Inc.                                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     12431 | NS      | $1607079.68   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp.                                  | CDW Corp.                                                  | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      4094 | NS      | $802546.82    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp.                        | First Horizon Corp.                                        | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |     25608 | NS      | $633285.84    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry, Inc.                             | Tapestry, Inc.                                             | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     15196 | NS      | $692481.72    | 0.29%             |  |  |  | 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: 8I5DZWZKVSZI1NUHU748 | Long             | STIV             | RF                | US        |    432884 | NS      | $432883.73    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                          | Boyd Gaming Corp.                                          | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      8927 | NS      | $556241.37    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp.                | Raytheon Technologies Corp.                                | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     11215 | NS      | $1119817.75   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS plc                                 | STERIS plc                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |       772 | NS      | $159425.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line, Inc.            | Old Dominion Freight Line, Inc.                            | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      2660 | NS      | $886418.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                       | HCA Healthcare, Inc.                                       | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1824 | NS      | $465247.68    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                 | Unum Group                                                 | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     13514 | NS      | $567993.42    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                 | Occidental Petroleum Corp.                                 | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     16149 | NS      | $1046293.71   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp, Inc.                    | East West Bancorp, Inc.                                    | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6148 | NS      | $482740.96    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                               | AbbVie, Inc.                                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     22369 | NS      | $3305019.75   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group, Inc.                        | Omnicom Group, Inc.                                        | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      7698 | NS      | $661951.02    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                     | ON Semiconductor Corp.                                     | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     11597 | NS      | $851799.65    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| National Instruments Corp.                 | National Instruments Corp.                                 | CUSIP: 636518102<br>LEI: 549300TP4OOPCYWDUP86 | Long             | EC               | CORP              | US        |      3558 | NS      | $192132.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp.                           | Sealed Air Corp.                                           | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      6139 | NS      | $336171.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree, Inc.                          | Dollar Tree, Inc.                                          | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      5636 | NS      | $846414.48    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group, Inc.                     | WEC Energy Group, Inc.                                     | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |       683 | NS      | $64195.17     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Inc.         | Reinsurance Group of America, Inc.                         | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      2989 | NS      | $453640.53    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                   | Marathon Petroleum Corp.                                   | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      9475 | NS      | $1217727.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co.                         | U-Haul Holding Co.                                         | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |       263 | NS      | $17628.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR, Inc.                               | PACCAR, Inc.                                               | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      8487 | NS      | $927713.97    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                               | NetApp, Inc.                                               | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      8959 | NS      | $593354.57    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                              | Sempra Energy                                              | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      2515 | NS      | $403229.95    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                         | Tractor Supply Co.                                         | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      1829 | NS      | $416993.71    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings, Inc.        | Allison Transmission Holdings, Inc.                        | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      4610 | NS      | $207818.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                          | Hershey Co. (The)                                          | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      3714 | NS      | $834164.40    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart, Inc.                               | Copart, Inc.                                               | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     12087 | NS      | $805115.07    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                   | UnitedHealth Group, Inc.                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      7538 | NS      | $3762894.22   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.             | Thermo Fisher Scientific, Inc.                             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      5247 | NS      | $2992521.51   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International, Inc.                   | CACI International, Inc., Class A                          | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1793 | NS      | $552405.37    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                             | Synopsys, Inc.                                             | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      3130 | NS      | $1107237.50   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagen, Inc.                               | Seagen, Inc.                                               | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4013 | NS      | $559733.24    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                  | O'Reilly Automotive, Inc.                                  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      1276 | NS      | $1011038.60   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB, Inc.                              | MongoDB, Inc.                                              | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1835 | NS      | $393075.35    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                           | McDonald's Corp.                                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      7445 | NS      | $1990793.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                            | Albemarle Corp.                                            | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      3037 | NS      | $854763.65    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                         | Cirrus Logic, Inc.                                         | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      1508 | NS      | $136308.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                      | Paycom Software, Inc.                                      | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      1586 | NS      | $513768.84    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac, Inc.                                | Aflac, Inc.                                                | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     11178 | NS      | $821583.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                      | Leidos Holdings, Inc.                                      | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      5928 | NS      | $585923.52    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                      | Targa Resources Corp.                                      | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      8601 | NS      | $645247.02    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                           | PulteGroup, Inc.                                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12187 | NS      | $693318.43    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                           | CVS Health Corp.                                           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     14168 | NS      | $1249900.96   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp.                         | Hyatt Hotels Corp., Class A                                | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      3989 | NS      | $435279.68    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies, Inc.                    | Dell Technologies, Inc., Class C                           | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     12314 | NS      | $500194.68    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co.              | Pioneer Natural Resources Co.                              | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      3867 | NS      | $890763.45    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                             | QUALCOMM, Inc.                                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     10617 | NS      | $1414290.57   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                         | Lam Research Corp.                                         | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2632 | NS      | $1316263.20   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp.-Liberty Formula One    | Liberty Media Corp.-Liberty Formula One, Class C           | CUSIP: 531229854<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9487 | NS      | $671679.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                           | Mosaic Co. (The)                                           | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     12831 | NS      | $635647.74    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp.                             | M&T Bank Corp.                                             | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      4592 | NS      | $716352.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp.                    | AmerisourceBergen Corp.                                    | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4558 | NS      | $770119.68    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co.                             | Ford Motor Co.                                             | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     75198 | NS      | $1015924.98   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                      | Lockheed Martin Corp.                                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      3670 | NS      | $1700164.20   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy, Inc.                   | CenterPoint Energy, Inc.                                   | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     22002 | NS      | $662700.24    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.          | Booz Allen Hamilton Holding Corp.                          | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      5953 | NS      | $563391.92    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                    | Texas Instruments, Inc.                                    | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     13192 | NS      | $2337754.32   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                        | Iron Mountain, Inc.                                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     11888 | NS      | $648847.04    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                  | SLM Corp.                                                  | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29624 | NS      | $520493.68    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                  | Extra Space Storage, Inc.                                  | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3880 | NS      | $612380.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                            | DR Horton, Inc.                                            | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      3677 | NS      | $362883.13    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                      | National Fuel Gas Co.                                      | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      7780 | NS      | $451706.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block, Inc.                            | H&R Block, Inc.                                            | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     13150 | NS      | $512587.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                   | Valmont Industries, Inc.                                   | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      1219 | NS      | $401940.87    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group, Inc.            | Jefferies Financial Group, Inc.                            | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     15067 | NS      | $591831.76    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                       | FTI Consulting, Inc.                                       | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      1656 | NS      | $264165.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                           | Cloudflare, Inc., Class A                                  | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      9144 | NS      | $483809.04    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.             | Monolithic Power Systems, Inc.                             | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1587 | NS      | $676950.72    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                   | Palo Alto Networks, Inc.                                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      5816 | NS      | $922650.24    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund | JPMorgan U.S. Government Money Market Fund, Share Class IM | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |    816399 | NS      | $816399.35    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                               | Cintas Corp.                                               | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2040 | NS      | $905229.60    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**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