# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001410368-26-031795
**Filing Date:** 2026-3
**Character Count:** 61343
**Document Hash:** 60f00f1ea9badb991f6f8d68049bfb06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-031795.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001410368-26-031795

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 26795962

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares Defense Industrials Active ETF (Series ID: S000092375)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000260347 | iShares Defense Industrials Active ETF |  |

## Nport-Ex

January 31, 2026

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

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **BlackRock ETF Trust** |
| • iShares Defense Industrials Active ETF \| IDEF \| NASDAQ |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

January 31, 2026

**iShares Defense Industrials Active ETF**

**(Percentages shown are based on Net Assets)**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 72.1%** | **Aerospace & Defense — 72.1%** | **Aerospace & Defense — 72.1%** |
| AAR Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 830 | $87905 |
| Aerospace Industrial Development Corp. | &nbsp;&nbsp;&nbsp; 90667 | 152457 |
| AeroVironment, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1249 | 347709 |
| Airbus SE | &nbsp;&nbsp;&nbsp; 5867 | 1343248 |
| Archer Aviation, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 21726 | 156210 |
| Austal Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 44621 | 215182 |
| Axon Enterprise, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1003 | 485031 |
| Babcock International Group PLC | &nbsp;&nbsp;&nbsp; 14664 | 289122 |
| BAE Systems PLC | &nbsp;&nbsp;&nbsp; 48203 | 1308564 |
| Bet Shemesh Engines Holdings 1997 Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 410 | 103551 |
| Boeing Co. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5361 | 1252973 |
| Bombardier, Inc., Class B<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1142 | 195087 |
| BWX Technologies, Inc. | &nbsp;&nbsp;&nbsp; 3772 | 774882 |
| CAE, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11870 | 380426 |
| Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp; 1735 | 551435 |
| Chemring Group PLC | &nbsp;&nbsp;&nbsp; 31966 | 218531 |
| Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp; 612 | 401894 |
| Dassault Aviation SA | &nbsp;&nbsp;&nbsp; 1114 | 423515 |
| DroneShield Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 83730 | 192128 |
| Ducommun, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1257 | 142481 |
| Elbit Systems Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 930 | 653390 |
| General Dynamics Corp. | &nbsp;&nbsp;&nbsp; 9263 | 3252147 |
| General Electric Co. | &nbsp;&nbsp;&nbsp; 7502 | 2301539 |
| Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp;&nbsp; 489 | 440188 |
| Hanwha Systems Co. Ltd. | &nbsp;&nbsp;&nbsp; 5586 | 365570 |
| HEICO Corp. | &nbsp;&nbsp;&nbsp; 1021 | 337859 |
| Hensoldt AG | &nbsp;&nbsp;&nbsp; 5404 | 536847 |
| Hexcel Corp. | &nbsp;&nbsp;&nbsp; 2760 | 228556 |
| Howmet Aerospace, Inc. | &nbsp;&nbsp;&nbsp; 3845 | 800068 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp; 1214 | 510499 |
| Karman Holdings, Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5023 | 521387 |
| Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp; 14246 | 489366 |
| Korea Aerospace Industries Ltd. | &nbsp;&nbsp;&nbsp; 2025 | 236012 |
| Kratos Defense & Security Solutions, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4262 | 439029 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp; 1994 | 683643 |
| Leonardo DRS, Inc. | &nbsp;&nbsp;&nbsp; 9661 | 396681 |
| Leonardo SpA | &nbsp;&nbsp;&nbsp; 7137 | 476941 |
| LIG Nex1 Co. Ltd. | &nbsp;&nbsp;&nbsp; 512 | 170778 |
| Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp; 4403 | 2792471 |
| Melrose Industries PLC | &nbsp;&nbsp;&nbsp; 52956 | 455312 |
| Mercury Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3171 | 297693 |
| Moog, Inc., Class A | &nbsp;&nbsp;&nbsp; 891 | 272067 |
| MTU Aero Engines AG | &nbsp;&nbsp;&nbsp; 1709 | 759778 |
| National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp; 966 | 123068 |
| Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp; 4102 | 2839651 |
| QinetiQ Group PLC | &nbsp;&nbsp;&nbsp; 53858 | 371050 |
| Red Cat Holdings, Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13125 | 177188 |
| Redwire Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23575 | 277006 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp; 864 | 1830683 |
| Rocket Lab Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11227 | 898946 |
| Rolls-Royce Holdings PLC | &nbsp;&nbsp;&nbsp; 116169 | 1941994 |
| RTX Corp. | &nbsp;&nbsp;&nbsp; 22146 | 4449796 |
| Saab AB, Class B | &nbsp;&nbsp;&nbsp; 6453 | 503482 |
| Safran SA | &nbsp;&nbsp;&nbsp; 3235 | 1155837 |
| Senior PLC | &nbsp;&nbsp;&nbsp; 42209 | 141242 |
| Singapore Technologies Engineering Ltd. | &nbsp;&nbsp;&nbsp; 78500 | 603476 |
| SNT Dynamics Co. Ltd. | &nbsp;&nbsp;&nbsp; 1547 | 53278 |
| Textron, Inc. | &nbsp;&nbsp;&nbsp; 3572 | 314550 |
| Thales SA | &nbsp;&nbsp;&nbsp; 2053 | 628476 |
| Tkms AG& Co. KGaA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3359 | 393580 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** |
| TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp; 232 | $331189 |
| V2X, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 958 | 65939 |
| VSE Corp. | &nbsp;&nbsp;&nbsp; 269 | 58795 |
| Woodward, Inc. | &nbsp;&nbsp;&nbsp; 1080 | 343267 |
|  |  | 43942645 |
| **Commercial Services & Supplies — 0.5%** | **Commercial Services & Supplies — 0.5%** | **Commercial Services & Supplies — 0.5%** |
| Serco Group PLC | &nbsp;&nbsp;&nbsp; 49117 | 201671 |
| Tetra Tech, Inc. | &nbsp;&nbsp;&nbsp; 3092 | 116445 |
|  |  | 318116 |
| **Communications Equipment — 0.4%** | **Communications Equipment — 0.4%** | **Communications Equipment — 0.4%** |
| Viasat, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5749 | 259682 |
| **Construction & Engineering — 0.1%** | **Construction & Engineering — 0.1%** | **Construction & Engineering — 0.1%** |
| Tutor Perini Corp. | &nbsp;&nbsp;&nbsp; 679 | 53566 |
| **Electric Utilities — 0.6%** | **Electric Utilities — 0.6%** | **Electric Utilities — 0.6%** |
| &nbsp;&nbsp;&nbsp; Omaha Public Power District Nebraska City Station Unit <br> 2, Class A<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4686 | 373099 |
| **Electronic Equipment, Instruments & Components — 2.2%** | **Electronic Equipment, Instruments & Components — 2.2%** | **Electronic Equipment, Instruments & Components — 2.2%** |
| Codan Ltd. | &nbsp;&nbsp;&nbsp; 7758 | 204282 |
| Keysight Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1479 | 319952 |
| Kitron ASA | &nbsp;&nbsp;&nbsp; 14955 | 128544 |
| Nippon Avionics Co. Ltd. | &nbsp;&nbsp;&nbsp; 2700 | 89126 |
| OSI Systems, Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 641 | 160340 |
| Teledyne Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 652 | 404436 |
| Unusual Machines, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4372 | 60552 |
|  |  | 1367232 |
| **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** |
| Oceaneering International, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5879 | 176958 |
| **Industrial Conglomerates — 2.0%** | **Industrial Conglomerates — 2.0%** | **Industrial Conglomerates — 2.0%** |
| Honeywell International, Inc. | &nbsp;&nbsp;&nbsp; 5397 | 1227926 |
| **Machinery — 11.9%** | **Machinery — 11.9%** | **Machinery — 11.9%** |
| Crane Co. | &nbsp;&nbsp;&nbsp; 1430 | 261175 |
| CSBC Corp. Taiwan<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 238000 | 164921 |
| Fincantieri SpA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15238 | 289242 |
| Hanjin Heavy Industries & Construction Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6269 | 109753 |
| Hanwha Ocean Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4734 | 454613 |
| HD Hyundai Heavy Industries Co. Ltd. | &nbsp;&nbsp;&nbsp; 1092 | 434649 |
| HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | &nbsp;&nbsp;&nbsp; 1060 | 303620 |
| Hyundai Rotem Co. Ltd. | &nbsp;&nbsp;&nbsp; 1915 | 306199 |
| IHI Corp. | &nbsp;&nbsp;&nbsp; 29100 | 673263 |
| ITT, Inc. | &nbsp;&nbsp;&nbsp; 1565 | 285299 |
| Kawasaki Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp; 6300 | 525900 |
| Lungteh Shipbuilding Co. Ltd. | &nbsp;&nbsp;&nbsp; 30000 | 136571 |
| Mitsubishi Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp; 49800 | 1466308 |
| Oshkosh Corp. | &nbsp;&nbsp;&nbsp; 1930 | 277573 |
| RBC Bearings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1114 | 556632 |
| RENK Group AG | &nbsp;&nbsp;&nbsp; 6884 | 443205 |
| Samsung Heavy Industries Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14385 | 293183 |
| Sumitomo Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp; 8500 | 264644 |
|  |  | 7246750 |
| **Metals & Mining — 2.1%** | **Metals & Mining — 2.1%** | **Metals & Mining — 2.1%** |
| Arafura Rare Earths Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 581148 | 91217 |
| Iluka Resources Ltd. | &nbsp;&nbsp;&nbsp; 37251 | 136521 |
| Lynas Rare Earths Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 29603 | 297987 |
| Materion Corp. | &nbsp;&nbsp;&nbsp; 1315 | 181838 |
| MP Materials Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4728 | 277864 |
| Poongsan Corp. | &nbsp;&nbsp;&nbsp; 875 | 79783 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Defense Industrials Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Metals & Mining (continued)** | **Metals & Mining (continued)** | **Metals & Mining (continued)** |
| USA Rare Earth, Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9711 | $217721 |
|  |  | 1282931 |
| **Oil, Gas & Consumable Fuels — 2.0%** | **Oil, Gas & Consumable Fuels — 2.0%** | **Oil, Gas & Consumable Fuels — 2.0%** |
| Cameco Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7399 | 912963 |
| Centrus Energy Corp., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1004 | 279393 |
|  |  | 1192356 |
| **Professional Services — 1.7%** | **Professional Services — 1.7%** | **Professional Services — 1.7%** |
| BlackSky Technology, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4520 | 99756 |
| Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp; 859 | 161733 |
| Parsons Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4899 | 343224 |
| Planet Labs PBC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16490 | 411755 |
|  |  | 1016468 |
| **Software — 3.9%** | **Software — 3.9%** | **Software — 3.9%** |
| CyberArk Software Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 277 | 119340 |
| Palantir Technologies, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14306 | 2097117 |
| Zscaler, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 733 | 146607 |
|  |  | 2363064 |
| **Total Long-Term Investments — 99.8%** <br>**(Cost: $52,483,746)** | **Total Long-Term Investments — 99.8%** <br>**(Cost: $52,483,746)** | 60820793 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 5.2%** | **Money Market Funds — 5.2%** | **Money Market Funds — 5.2%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 3.82%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 3051376 | $3052901 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 3.64%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 80000 | 80000 |
| **Total Short-Term Securities — 5.2%** <br>**(Cost: $3,132,851)** | **Total Short-Term Securities — 5.2%** <br>**(Cost: $3,132,851)** | 3132901 |
| **Total Investments — 105.0%** <br>**(Cost: $55,616,597)** | **Total Investments — 105.0%** <br>**(Cost: $55,616,597)** | 63953694 |
| **Liabilities in Excess of Other Assets — (5.0)%** | **Liabilities in Excess of Other Assets — (5.0)%** | (3032599)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $60921095 |

---

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

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Affiliate of the Fund.

<sup>(d)</sup> Annualized 7-day yield as of period end.

<sup>(e)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*05/19/25*<sup>(a)</sup> <br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*01/31/26*<br>| *Shares* <br>*Held at* <br>*01/31/26*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $—<br> &nbsp;&nbsp; $3052870 <br><sup>(b)</sup><br>| $— | $(19)<br>| $50 | $3052901 | 3051376 | $5595 <br><sup>(c)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br> &nbsp;&nbsp; 80000 <br><sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 80000 | 80000 | &nbsp;&nbsp; 3979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $(19) | $50 | $3132901 |  | $9574 | $— |

---

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

<sup>(a)</sup> Commencement of operations.

<sup>(b)</sup> Represents net amount purchased (sold).

<sup>(c)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Defense Industrials Active ETF**

**Fair Value Hierarchy as of Period End (continued)**

the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $38794306 | &nbsp;&nbsp; $22026487 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $60820793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 3132901 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3132901 |
|  | &nbsp;&nbsp; $41927207 | &nbsp;&nbsp; $22026487 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $63953694 |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock ETF Trust

- **b. Investment Company Act file number:** 811-23402

- **c. CIK number of Registrant:** 0001761055

- **d. LEI of Registrant:** 5493007WBHAKV9JVS642

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares Defense Industrials Active ETF

- **b. EDGAR series identifier (if any):** S000092375

- **c. LEI of Series:** 529900OYGL1DV7CYS757

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

- **a. Date of fiscal year-end:** 2026-04-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $67308897.39

**Total Liabilities:** $6387129.04

**Net Assets:** $60921768.35

**Cash Not Reported:** $24567.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260347 | -7.94%               | 4.01%                | 12.37%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $176805.51               | $-3671662.83                               |
| Month 2  | $82327.21                | $1517248.18                                |
| Month 3  | $937570.68               | $4042388.18                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAR Corp                                            | AAR Corp                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |       830 | NS      | $87905.30     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                                   | AeroVironment Inc                                     | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      1249 | NS      | $347709.11    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc                                            | Oklo Inc                                              | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4686 | NS      | $373099.32    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                                     | BAE Systems PLC                                       | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     48203 | NS      | $1308563.90   | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Archer Aviation Inc                                 | Archer Aviation Inc                                   | CUSIP: 03945R102<br>LEI: 529900UGYVU0KY2RLD83 | Long             | EC               | CORP              | US        |     21726 | NS      | $156209.94    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                                 | Axon Enterprise Inc                                   | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1003 | NS      | $485030.74    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                                | BWX Technologies Inc                                  | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      3772 | NS      | $774881.96    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Senior PLC                                          | Senior PLC                                            | CUSIP: 000000000<br>LEI: 5493002HQHWN5JQHKQ51 | Long             | EC               | CORP              | GB        |     42209 | NS      | $141241.70    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Serco Group PLC                                     | Serco Group PLC                                       | CUSIP: 000000000<br>LEI: 549300PT2CIHYN5GWJ21 | Long             | EC               | CORP              | GB        |     49117 | NS      | $201671.14    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackSky Technology Inc                             | BlackSky Technology Inc                               | CUSIP: 09263B207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4520 | NS      | $99756.40     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group PLC                     | Babcock International Group PLC                       | CUSIP: 000000000<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |     14664 | NS      | $289121.75    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Boeing Co/The                                       | Boeing Co/The                                         | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      5361 | NS      | $1252972.92   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bombardier Inc                                      | Bombardier Inc                                        | CUSIP: 097751861<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | EC               | CORP              | CA        |      1142 | NS      | $195087.30    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CAE Inc                                             | CAE Inc                                               | CUSIP: 124765108<br>LEI: 549300FFM2BEH2GF1E44 | Long             | EC               | CORP              | CA        |     11870 | NS      | $380425.81    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                         | Cameco Corp                                           | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      7399 | NS      | $912962.61    | 1.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Carpenter Technology Corp                           | Carpenter Technology Corp                             | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      1735 | NS      | $551435.05    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp                                 | Centrus Energy Corp                                   | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      1004 | NS      | $279393.12    | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Crane Co                                            | Crane Co                                              | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |      1430 | NS      | $261175.20    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                                 | Curtiss-Wright Corp                                   | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |       612 | NS      | $401894.28    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                                        | Ducommun Inc                                          | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      1257 | NS      | $142480.95    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                               | General Dynamics Corp                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      9263 | NS      | $3252146.67   | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                                 | General Electric Co                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      7502 | NS      | $2301538.58   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                           | Airbus SE                                             | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |      5867 | NS      | $1343248.06   | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                           | Thales SA                                             | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      2053 | NS      | $628475.87    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HEICO Corp                                          | HEICO Corp                                            | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1021 | NS      | $337859.11    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                         | Hexcel Corp                                           | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      2760 | NS      | $228555.60    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                         | Honeywell International Inc                           | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5397 | NS      | $1227925.44   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                                | Howmet Aerospace Inc                                  | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      3845 | NS      | $800067.60    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries Inc                   | Huntington Ingalls Industries Inc                     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      1214 | NS      | $510499.14    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                             | ITT Inc                                               | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      1565 | NS      | $285299.50    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                                 | Karman Holdings Inc                                   | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5023 | NS      | $521387.40    | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Keysight Technologies Inc                           | Keysight Technologies Inc                             | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      1479 | NS      | $319952.07    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc             | Kratos Defense & Security Solutions Inc               | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      4262 | NS      | $439028.62    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                           | L3Harris Technologies Inc                             | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1994 | NS      | $683642.90    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                                 | Leidos Holdings Inc                                   | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |       859 | NS      | $161732.52    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                                    | Leonardo DRS Inc                                      | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |      9661 | NS      | $396680.66    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                                      | Rheinmetall AG                                        | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |       864 | NS      | $1830683.14   | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                | Lockheed Martin Corp                                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      4403 | NS      | $2792470.66   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitron ASA                                          | Kitron ASA                                            | CUSIP: 000000000<br>LEI: 5967007LIEEXZXIG6009 | Long             | EC               | CORP              | NO        |     14955 | NS      | $128543.93    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MP Materials Corp                                   | MP Materials Corp                                     | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |      4728 | NS      | $277864.56    | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Materion Corp                                       | Materion Corp                                         | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |      1315 | NS      | $181838.20    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                                 | Mercury Systems Inc                                   | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |      3171 | NS      | $297693.48    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Technologies Engineering Ltd              | Singapore Technologies Engineering Ltd                | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |     78500 | NS      | $603475.62    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Bet Shemesh Engines Holdings 1997 Ltd               | Bet Shemesh Engines Holdings 1997 Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |       410 | NS      | $103550.94    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Lynas Rare Earths Ltd                               | Lynas Rare Earths Ltd                                 | CUSIP: 000000000<br>LEI: 529900SGT9M1FJPXXI35 | Long             | EC               | CORP              | AU        |     29603 | NS      | $297987.45    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Austal Ltd                                          | Austal Ltd                                            | CUSIP: 000000000<br>LEI: 254900DJEFGICBICBU73 | Long             | EC               | CORP              | AU        |     44621 | NS      | $215181.96    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Moog Inc                                            | Moog Inc                                              | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |       891 | NS      | $272066.85    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Ocean Co Ltd                                 | Hanwha Ocean Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4734 | NS      | $454613.02    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| National Presto Industries Inc                      | National Presto Industries Inc                        | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       966 | NS      | $123068.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Korea Shipbuilding & Offshore Engineering Co Ltd | HD Korea Shipbuilding & Offshore Engineering Co Ltd   | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |      1060 | NS      | $303619.66    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI Corp                                            | IHI Corp                                              | CUSIP: 000000000<br>LEI: 549300ETQIESIUQ2OE26 | Long             | EC               | CORP              | JP        |     29100 | NS      | $673262.95    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Heavy Industries Ltd                       | Kawasaki Heavy Industries Ltd                         | CUSIP: 000000000<br>LEI: 5493008FFSI8SQ74AT93 | Long             | EC               | CORP              | JP        |      6300 | NS      | $525899.99    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Heavy Industries Ltd                     | Mitsubishi Heavy Industries Ltd                       | CUSIP: 000000000<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |     49800 | NS      | $1466307.74   | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Avionics Co Ltd                              | Nippon Avionics Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2700 | NS      | $89126.48     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                               | Northrop Grumman Corp                                 | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      4102 | NS      | $2839650.52   | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems Inc                                     | OSI Systems Inc                                       | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |       641 | NS      | $160339.74    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Arafura Rare Earths Ltd                             | Arafura Rare Earths Ltd                               | CUSIP: 000000000<br>LEI: 52990098Y7ZDAOS75K52 | Long             | EC               | CORP              | AU        |    581148 | NS      | $91216.66     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Codan Ltd                                           | Codan Ltd                                             | CUSIP: 000000000<br>LEI: 9845005866EB809B5694 | Long             | EC               | CORP              | AU        |      7758 | NS      | $204282.23    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Oceaneering International Inc                       | Oceaneering International Inc                         | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |      5879 | NS      | $176957.90    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Heavy Industries Co Ltd                     | Samsung Heavy Industries Co Ltd                       | CUSIP: 000000000<br>LEI: 988400OSK0T9LDTWNC20 | Long             | EC               | CORP              | KR        |     14385 | NS      | $293183.04    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                             | Hanwha Aerospace Co Ltd                               | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |       489 | NS      | $440188.46    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Heavy Industries Ltd                       | Sumitomo Heavy Industries Ltd                         | CUSIP: 000000000<br>LEI: 353800VSTEIRMBC3S374 | Long             | EC               | CORP              | JP        |      8500 | NS      | $264644.26    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Oshkosh Corp                                        | Oshkosh Corp                                          | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      1930 | NS      | $277572.60    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Iluka Resources Ltd                                 | Iluka Resources Ltd                                   | CUSIP: 000000000<br>LEI: 2549009N2Y1F4YNB0955 | Long             | EC               | CORP              | AU        |     37251 | NS      | $136520.57    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Palantir Technologies Inc                           | Palantir Technologies Inc                             | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     14306 | NS      | $2097116.54   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                        | Parsons Corp                                          | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |      4899 | NS      | $343223.94    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                                     | Planet Labs PBC                                       | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |     16490 | NS      | $411755.30    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                            | RTX Corp                                              | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     22146 | NS      | $4449795.78   | 7.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                    | RBC Bearings Inc                                      | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1114 | NS      | $556632.38    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Cat Holdings Inc                                | Red Cat Holdings Inc                                  | CUSIP: 75644T100<br>LEI: 5493005OGSQW28V2PY05 | Long             | EC               | CORP              | US        |     13125 | NS      | $177187.50    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Redwire Corp                                        | Redwire Corp                                          | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23575 | NS      | $277006.25    | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Rocket Lab Corp                                     | Rocket Lab Corp                                       | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11227 | NS      | $898945.89    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                           | Teledyne Technologies Inc                             | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |       652 | NS      | $404435.60    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                                      | Tetra Tech Inc                                        | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |      3092 | NS      | $116444.72    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                                         | Textron Inc                                           | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      3572 | NS      | $314550.32    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                                 | TransDigm Group Inc                                   | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       232 | NS      | $331189.28    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                                   | Tutor Perini Corp                                     | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |       679 | NS      | $53566.31     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Unusual Machines Inc /US                            | Unusual Machines Inc /US                              | CUSIP: 91532F102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4372 | NS      | $60552.20     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Rare Earth Inc                                  | USA Rare Earth Inc                                    | CUSIP: 91733P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9711 | NS      | $217720.62    | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| VSE Corp                                            | VSE Corp                                              | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |       269 | NS      | $58795.33     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                             | V2X Inc                                               | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       958 | NS      | $65939.14     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat Inc                                          | Viasat Inc                                            | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |      5749 | NS      | $259682.33    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                                 | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   3177766 | NS      | $3179354.61   | 5.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                                        | Woodward Inc                                          | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      1080 | NS      | $343267.20    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES      | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |     80000 | NS      | $80000.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                         | Zscaler Inc                                           | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |       733 | NS      | $146607.33    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Aerospace Industries Ltd                      | Korea Aerospace Industries Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2025 | NS      | $236012.15    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Heavy Industries Co Ltd                  | HD Hyundai Heavy Industries Co Ltd                    | CUSIP: 000000000<br>LEI: 988400CAR8W9URQLGF30 | Long             | EC               | CORP              | KR        |      1092 | NS      | $434648.66    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Fincantieri SpA                                     | Fincantieri SpA                                       | CUSIP: 000000000<br>LEI: 8156005BDF49128B6239 | Long             | EC               | CORP              | IT        |     15238 | NS      | $289241.61    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Tkms AG& Co KGaA                                    | Tkms AG& Co KGaA                                      | CUSIP: 000000000<br>LEI: 529900W81B194B0E0078 | Long             | EC               | CORP              | DE        |      3359 | NS      | $393580.09    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                           | Safran SA                                             | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      3235 | NS      | $1155836.86   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                                 | MTU Aero Engines AG                                   | CUSIP: 000000000<br>LEI: 529900807L67JY81RD65 | Long             | EC               | CORP              | DE        |      1709 | NS      | $759778.40    | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                        | Leonardo SpA                                          | CUSIP: 000000000<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |      7137 | NS      | $476941.49    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| QinetiQ Group PLC                                   | QinetiQ Group PLC                                     | CUSIP: 000000000<br>LEI: 213800S8OBDOZMCMUW34 | Long             | EC               | CORP              | GB        |     53858 | NS      | $371049.84    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| SNT Dynamics Co Ltd                                 | SNT Dynamics Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1547 | NS      | $53277.78     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HJ Shipbuilding & Construction Co Ltd               | HJ Shipbuilding & Construction Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6269 | NS      | $109753.23    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Poongsan Corp                                       | Poongsan Corp                                         | CUSIP: 000000000<br>LEI: 2549007P08ZD5QJS1369 | Long             | EC               | CORP              | KR        |       875 | NS      | $79783.29     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| CSBC Corp Taiwan                                    | CSBC Corp Taiwan                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    238000 | NS      | $164920.63    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Chemring Group PLC                                  | Chemring Group PLC                                    | CUSIP: 000000000<br>LEI: 213800U9A54VQJ5P2J41 | Long             | EC               | CORP              | GB        |     31966 | NS      | $218530.93    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                            | Rolls-Royce Holdings PLC                              | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    116169 | NS      | $1941994.22   | 3.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Aerospace Industrial Development Corp               | Aerospace Industrial Development Corp                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     90667 | NS      | $152457.21    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd                                | Hyundai Rotem Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1915 | NS      | $306199.54    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Systems Co Ltd                               | Hanwha Systems Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5586 | NS      | $365569.82    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lungteh Shipbuilding Co Ltd                         | Lungteh Shipbuilding Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     30000 | NS      | $136571.10    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| RENK Group AG                                       | RENK Group AG                                         | CUSIP: 000000000<br>LEI: 894500H8CNSZ53EI6K63 | Long             | EC               | CORP              | DE        |      6884 | NS      | $443204.89    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA                                | Dassault Aviation SA                                  | CUSIP: 000000000<br>LEI: 969500CVFTUT88V8QN95 | Long             | EC               | CORP              | FR        |      1114 | NS      | $423514.80    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Hensoldt AG                                         | Hensoldt AG                                           | CUSIP: 000000000<br>LEI: 894500686FYLLZD3M624 | Long             | EC               | CORP              | DE        |      5404 | NS      | $536847.34    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries PLC                              | Melrose Industries PLC                                | CUSIP: 000000000<br>LEI: 213800RGNXXZY2M7TR85 | Long             | EC               | CORP              | GB        |     52956 | NS      | $455312.24    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Saab AB                                             | Saab AB                                               | CUSIP: 000000000<br>LEI: 549300ZHO4JCQQI13M69 | Long             | EC               | CORP              | SE        |      6453 | NS      | $503481.70    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Kongsberg Gruppen ASA                               | Kongsberg Gruppen ASA                                 | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |     14246 | NS      | $489365.49    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| DroneShield Ltd                                     | DroneShield Ltd                                       | CUSIP: 000000000<br>LEI: 5299002AW8NA4BW6MU87 | Long             | EC               | CORP              | AU        |     83730 | NS      | $192128.49    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| LIG Nex1 Co Ltd                                     | LIG Nex1 Co Ltd                                       | CUSIP: 000000000<br>LEI: 988400VTP0QVY3OIY652 | Long             | EC               | CORP              | KR        |       512 | NS      | $170778.10    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberArk Software Ltd                               | CyberArk Software Ltd                                 | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |       277 | NS      | $119339.91    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Elbit Systems Ltd                                   | Elbit Systems Ltd                                     | CUSIP: 000000000<br>LEI: 529900Q9CB1REUMZSS32 | Long             | EC               | CORP              | IL        |       930 | NS      | $653390.10    | 1.07%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** BlackRock ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer