# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0001752724-23-066052
**Filing Date:** 2023-3
**Character Count:** 190041
**Document Hash:** f976483260c3014fb04a01e34687276a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-066052.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-066052

**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:** 23761640

**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 Diversified Return U.S. Equity ETF (Series ID: S000046874)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000146462 | JPMorgan Diversified Return U.S. Equity ETF | JPUS            |

## Nport-Ex

**JPMorgan Diversified Return U.S. Equity 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 Diversified Return U.S. Equity 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 — 99.8%** | **Common Stocks — 99.8%** | **Common Stocks — 99.8%** |
| **Aerospace & Defense — 0.8%** | **Aerospace & Defense — 0.8%** | **Aerospace & Defense — 0.8%** |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. | 8137 | 1896409 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies, Inc. | 1545 | 331897 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | 4239 | 1963759 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4192065 |
| **Automobiles & Parts — 0.6%** | **Automobiles & Parts — 0.6%** | **Automobiles & Parts — 0.6%** |
| &nbsp;&nbsp;&nbsp; Ford Motor Co. | 116850 | 1578644 |
| &nbsp;&nbsp;&nbsp; Gentex Corp. | 57487 | 1696441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3275085 |
| **Banks — 2.0%** | **Banks — 2.0%** | **Banks — 2.0%** |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | 39420 | 1398622 |
| &nbsp;&nbsp;&nbsp; Bank of Hawaii Corp. | 3702 | 283166 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 384248 |
| &nbsp;&nbsp;&nbsp; Discover Financial Services | &nbsp;&nbsp;&nbsp;&nbsp; 8913 | &nbsp;&nbsp;&nbsp;&nbsp; 1040415 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp | &nbsp;&nbsp; 42170 | &nbsp;&nbsp;&nbsp;&nbsp; 1530349 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares, Inc. | 107413 | &nbsp;&nbsp;&nbsp;&nbsp; 1629455 |
| &nbsp;&nbsp;&nbsp; KeyCorp | &nbsp;&nbsp; 19184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 368141 |
| &nbsp;&nbsp;&nbsp; Popular, Inc. (Puerto Rico) | &nbsp;&nbsp; 12927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 887309 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp. | &nbsp;&nbsp; 23447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 551942 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp. | &nbsp;&nbsp; 28853 | &nbsp;&nbsp;&nbsp;&nbsp; 1425050 |
| &nbsp;&nbsp;&nbsp; US Bancorp | &nbsp;&nbsp; 12855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 640179 |
|  |  | &nbsp;&nbsp; 10138876 |
| **Beverages — 2.1%** | **Beverages — 2.1%** | **Beverages — 2.1%** |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp., Class B | &nbsp;&nbsp; 22626 | &nbsp;&nbsp;&nbsp;&nbsp; 1506439 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. (The) | &nbsp;&nbsp; 32630 | &nbsp;&nbsp;&nbsp;&nbsp; 2000872 |
| &nbsp;&nbsp;&nbsp; Constellation Brands, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8092 | &nbsp;&nbsp;&nbsp;&nbsp; 1873460 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper, Inc. | &nbsp;&nbsp; 53021 | &nbsp;&nbsp;&nbsp;&nbsp; 1870581 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., Class B | &nbsp;&nbsp; 37213 | &nbsp;&nbsp;&nbsp;&nbsp; 1956659 |
| &nbsp;&nbsp;&nbsp; PepsiCo, Inc. | &nbsp;&nbsp; 11122 | &nbsp;&nbsp;&nbsp;&nbsp; 1902084 |
|  |  | &nbsp;&nbsp; 11110095 |
| **Chemicals — 4.8%** | **Chemicals — 4.8%** | **Chemicals — 4.8%** |
| &nbsp;&nbsp;&nbsp; Ashland, Inc. | &nbsp;&nbsp; 18071 | &nbsp;&nbsp;&nbsp;&nbsp; 1974618 |
| &nbsp;&nbsp;&nbsp; Celanese Corp. | &nbsp;&nbsp; 12555 | &nbsp;&nbsp;&nbsp;&nbsp; 1546776 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp; 19045 | &nbsp;&nbsp;&nbsp;&nbsp; 1613112 |
| &nbsp;&nbsp;&nbsp; Chemours Co. (The) | &nbsp;&nbsp; 48506 | &nbsp;&nbsp;&nbsp;&nbsp; 1765134 |
| &nbsp;&nbsp;&nbsp; Dow, Inc. | &nbsp;&nbsp; 40226 | &nbsp;&nbsp;&nbsp;&nbsp; 2387413 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co. | &nbsp;&nbsp; 17066 | &nbsp;&nbsp;&nbsp;&nbsp; 1504709 |
| &nbsp;&nbsp;&nbsp; Element Solutions, Inc. | &nbsp;&nbsp; 71554 | &nbsp;&nbsp;&nbsp;&nbsp; 1465426 |
| &nbsp;&nbsp;&nbsp; FMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8424 | &nbsp;&nbsp;&nbsp;&nbsp; 1121487 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp. | &nbsp;&nbsp; 73806 | &nbsp;&nbsp;&nbsp;&nbsp; 2338912 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Class A | &nbsp;&nbsp; 24119 | &nbsp;&nbsp;&nbsp;&nbsp; 2332066 |
| &nbsp;&nbsp;&nbsp; Mosaic Co. (The) | &nbsp;&nbsp; 39967 | &nbsp;&nbsp;&nbsp;&nbsp; 1979965 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 368626 |
| &nbsp;&nbsp;&nbsp; Olin Corp. | &nbsp;&nbsp; 35983 | &nbsp;&nbsp;&nbsp;&nbsp; 2324142 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. | &nbsp;&nbsp; 19047 | &nbsp;&nbsp;&nbsp;&nbsp; 2338019 |
|  |  | &nbsp;&nbsp; 25060405 |

---

------

**JPMorgan Diversified Return U.S. Equity 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 — 1.7%** | **Construction & Materials — 1.7%** | **Construction & Materials — 1.7%** |
| &nbsp;&nbsp;&nbsp; A O Smith Corp. | 26114 | 1767918 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp. | 8273 | 376670 |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | 4198 | 613244 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations, Inc. | 8461 | 545819 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. | 30367 | 2067689 |
| &nbsp;&nbsp;&nbsp; Masco Corp. | 25228 | 1342129 |
| &nbsp;&nbsp;&nbsp; Masterbrand, Inc. \* | 10355 | 95266 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | 13688 | 2083177 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8891912 |
| **Consumer Services — 0.6%** | **Consumer Services — 0.6%** | **Consumer Services — 0.6%** |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc. \* | 2970 | 346183 |
| &nbsp;&nbsp;&nbsp; H&R Block, Inc. | &nbsp;&nbsp; 46908 | &nbsp;&nbsp;&nbsp;&nbsp; 1828474 |
| &nbsp;&nbsp;&nbsp; Service Corp. International | &nbsp;&nbsp; 12803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 949343 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3124000 |
| **Electricity — 7.1%** | **Electricity — 7.1%** | **Electricity — 7.1%** |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | &nbsp;&nbsp; 26348 | &nbsp;&nbsp;&nbsp;&nbsp; 1423582 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. | &nbsp;&nbsp; 21182 | &nbsp;&nbsp;&nbsp;&nbsp; 1990261 |
| &nbsp;&nbsp;&nbsp; Avangrid, Inc. | &nbsp;&nbsp; 24182 | &nbsp;&nbsp;&nbsp;&nbsp; 1019755 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp. | &nbsp;&nbsp; 26116 | &nbsp;&nbsp;&nbsp;&nbsp; 1650270 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison, Inc. | &nbsp;&nbsp; 20914 | &nbsp;&nbsp;&nbsp;&nbsp; 1993313 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp. | &nbsp;&nbsp; 16591 | &nbsp;&nbsp;&nbsp;&nbsp; 1416208 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp; 15382 | &nbsp;&nbsp;&nbsp;&nbsp; 1790003 |
| &nbsp;&nbsp;&nbsp; Edison International | &nbsp;&nbsp; 16025 | &nbsp;&nbsp;&nbsp;&nbsp; 1104123 |
| &nbsp;&nbsp;&nbsp; Entergy Corp. | &nbsp;&nbsp; 17635 | &nbsp;&nbsp;&nbsp;&nbsp; 1909518 |
| &nbsp;&nbsp;&nbsp; Evergy, Inc. | &nbsp;&nbsp; 34628 | &nbsp;&nbsp;&nbsp;&nbsp; 2169444 |
| &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp; 49561 | &nbsp;&nbsp;&nbsp;&nbsp; 2090979 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | &nbsp;&nbsp; 50181 | &nbsp;&nbsp;&nbsp;&nbsp; 2054912 |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric Industries, Inc. | &nbsp;&nbsp; 25725 | &nbsp;&nbsp;&nbsp;&nbsp; 1087396 |
| &nbsp;&nbsp;&nbsp; IDACORP, Inc. | &nbsp;&nbsp; 14915 | &nbsp;&nbsp;&nbsp;&nbsp; 1578156 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. | &nbsp;&nbsp; 48811 | &nbsp;&nbsp;&nbsp;&nbsp; 1670312 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp. | &nbsp;&nbsp; 50676 | &nbsp;&nbsp;&nbsp;&nbsp; 1992580 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp. | &nbsp;&nbsp; 26180 | &nbsp;&nbsp;&nbsp;&nbsp; 1951719 |
| &nbsp;&nbsp;&nbsp; PPL Corp. | &nbsp;&nbsp; 69455 | &nbsp;&nbsp;&nbsp;&nbsp; 2055868 |
| &nbsp;&nbsp;&nbsp; Southern Co. (The) | &nbsp;&nbsp; 30313 | &nbsp;&nbsp;&nbsp;&nbsp; 2051584 |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp; 79883 | &nbsp;&nbsp;&nbsp;&nbsp; 1842102 |
| &nbsp;&nbsp;&nbsp; Xcel Energy, Inc. | &nbsp;&nbsp; 29199 | &nbsp;&nbsp;&nbsp;&nbsp; 2008015 |
|  |  | &nbsp;&nbsp; 36850100 |
| **Electronic & Electrical Equipment — 0.8%** | **Electronic & Electrical Equipment — 0.8%** | **Electronic & Electrical Equipment — 0.8%** |
| &nbsp;&nbsp;&nbsp; AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8110 | &nbsp;&nbsp;&nbsp;&nbsp; 1175301 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp; 7662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 691266 |
| &nbsp;&nbsp;&nbsp; Hubbell, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4709 | &nbsp;&nbsp;&nbsp;&nbsp; 1077937 |
| &nbsp;&nbsp;&nbsp; IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 939066 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3883570 |
| **Finance & Credit Services — 0.4%** | **Finance & Credit Services — 0.4%** | **Finance & Credit Services — 0.4%** |
| &nbsp;&nbsp;&nbsp; Ally Financial, Inc. | &nbsp;&nbsp; 42415 | &nbsp;&nbsp;&nbsp;&nbsp; 1378063 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Finance & Credit Services — continued** | **Finance & Credit Services — continued** | **Finance & Credit Services — continued** |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. | 585 | 247420 |
| &nbsp;&nbsp;&nbsp; OneMain Holdings, Inc. | 12313 | 531183 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2156666 |
| **Food Producers — 6.8%** | **Food Producers — 6.8%** | **Food Producers — 6.8%** |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | 21055 | 1744407 |
| &nbsp;&nbsp;&nbsp; Bunge Ltd. | 19564 | 1938792 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co. | 38212 | 1984349 |
| &nbsp;&nbsp;&nbsp; Conagra Brands, Inc. | 54008 | 2008558 |
| &nbsp;&nbsp;&nbsp; Corteva, Inc. | 30565 | 1969914 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients, Inc. \* | 23872 | 1582475 |
| &nbsp;&nbsp;&nbsp; Flowers Foods, Inc. | 68231 | 1889316 |
| &nbsp;&nbsp;&nbsp; General Mills, Inc. | &nbsp;&nbsp;&nbsp; 24067 | &nbsp;&nbsp;&nbsp;&nbsp; 1885890 |
| &nbsp;&nbsp;&nbsp; Hershey Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 8836 | &nbsp;&nbsp;&nbsp;&nbsp; 1984566 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp. | &nbsp;&nbsp;&nbsp; 43624 | &nbsp;&nbsp;&nbsp;&nbsp; 1976604 |
| &nbsp;&nbsp;&nbsp; Ingredion, Inc. | &nbsp;&nbsp;&nbsp; 18012 | &nbsp;&nbsp;&nbsp;&nbsp; 1851634 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co. (The) | &nbsp;&nbsp;&nbsp; 13319 | &nbsp;&nbsp;&nbsp;&nbsp; 2035143 |
| &nbsp;&nbsp;&nbsp; Kellogg Co. | &nbsp;&nbsp;&nbsp; 28107 | &nbsp;&nbsp;&nbsp;&nbsp; 1927578 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co. (The) | &nbsp;&nbsp;&nbsp; 52140 | &nbsp;&nbsp;&nbsp;&nbsp; 2113234 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp; 17253 | &nbsp;&nbsp;&nbsp;&nbsp; 1723402 |
| &nbsp;&nbsp;&nbsp; Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp; 30396 | &nbsp;&nbsp;&nbsp;&nbsp; 1989114 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp. \* | &nbsp;&nbsp;&nbsp; 21743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 527920 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc. \* | &nbsp;&nbsp;&nbsp; 22212 | &nbsp;&nbsp;&nbsp;&nbsp; 2109029 |
| &nbsp;&nbsp;&nbsp; Tyson Foods, Inc., Class A | &nbsp;&nbsp;&nbsp; 26341 | &nbsp;&nbsp;&nbsp;&nbsp; 1731921 |
|  |  | &nbsp;&nbsp; 34973846 |
| **Gas, Water & Multi-utilities — 3.2%** | **Gas, Water & Multi-utilities — 3.2%** | **Gas, Water & Multi-utilities — 3.2%** |
| &nbsp;&nbsp;&nbsp; Ameren Corp. | &nbsp;&nbsp;&nbsp; 21611 | &nbsp;&nbsp;&nbsp;&nbsp; 1877348 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | &nbsp;&nbsp;&nbsp; 11452 | &nbsp;&nbsp;&nbsp;&nbsp; 1346068 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy, Inc. | &nbsp;&nbsp;&nbsp; 65906 | &nbsp;&nbsp;&nbsp;&nbsp; 1985089 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp. | &nbsp;&nbsp;&nbsp; 18722 | &nbsp;&nbsp;&nbsp;&nbsp; 1918069 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | &nbsp;&nbsp;&nbsp; 27645 | &nbsp;&nbsp;&nbsp;&nbsp; 1605069 |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. | &nbsp;&nbsp;&nbsp; 73383 | &nbsp;&nbsp;&nbsp;&nbsp; 2036378 |
| &nbsp;&nbsp;&nbsp; Sempra Energy | &nbsp;&nbsp;&nbsp; 12338 | &nbsp;&nbsp;&nbsp;&nbsp; 1978151 |
| &nbsp;&nbsp;&nbsp; UGI Corp. | &nbsp;&nbsp;&nbsp; 53049 | &nbsp;&nbsp;&nbsp;&nbsp; 2112942 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp; 20681 | &nbsp;&nbsp;&nbsp;&nbsp; 1943807 |
|  |  | &nbsp;&nbsp; 16802921 |
| **General Industrials — 2.0%** | **General Industrials — 2.0%** | **General Industrials — 2.0%** |
| &nbsp;&nbsp;&nbsp; Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 571961 |
| &nbsp;&nbsp;&nbsp; Eaton Corp. plc | &nbsp;&nbsp;&nbsp; 12564 | &nbsp;&nbsp;&nbsp;&nbsp; 2038006 |
| &nbsp;&nbsp;&nbsp; Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5087 | &nbsp;&nbsp;&nbsp;&nbsp; 1060538 |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7739 | &nbsp;&nbsp;&nbsp;&nbsp; 1826713 |
| &nbsp;&nbsp;&nbsp; ITT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 904360 |
| &nbsp;&nbsp;&nbsp; Packaging Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp; 8015 | &nbsp;&nbsp;&nbsp;&nbsp; 1143740 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3521 | &nbsp;&nbsp;&nbsp;&nbsp; 1147846 |
| &nbsp;&nbsp;&nbsp; RPM International, Inc. | &nbsp;&nbsp;&nbsp; 19793 | &nbsp;&nbsp;&nbsp;&nbsp; 1779589 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61049 |
|  |  | &nbsp;&nbsp; 10533802 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Health Care Providers — 2.6%** | **Health Care Providers — 2.6%** | **Health Care Providers — 2.6%** |
| &nbsp;&nbsp;&nbsp; Chemed Corp. | 1605 | 810750 |
| &nbsp;&nbsp;&nbsp; Cigna Corp. | 6250 | 1979187 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. \* | 14240 | 1173234 |
| &nbsp;&nbsp;&nbsp; Elevance Health, Inc. | 3860 | 1929961 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare, Inc. | 7994 | 2039030 |
| &nbsp;&nbsp;&nbsp; Humana, Inc. | 713 | 364842 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. \* | 3863 | 886211 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare, Inc. \* | 2528 | 788306 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. | 3796 | 1894925 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc., Class B | 10701 | 1585995 |
|  |  | &nbsp;&nbsp; 13452441 |
| **Household Goods & Home Construction — 1.0%** | **Household Goods & Home Construction — 1.0%** | **Household Goods & Home Construction — 1.0%** |
| &nbsp;&nbsp;&nbsp; Leggett & Platt, Inc. | &nbsp;&nbsp;&nbsp; 16592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 606603 |
| &nbsp;&nbsp;&nbsp; Lennar Corp., Class A | &nbsp;&nbsp;&nbsp; 19468 | &nbsp;&nbsp;&nbsp;&nbsp; 1993523 |
| &nbsp;&nbsp;&nbsp; NVR, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 869550 |
| &nbsp;&nbsp;&nbsp; PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77826 |
| &nbsp;&nbsp;&nbsp; Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296974 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8535 | &nbsp;&nbsp;&nbsp;&nbsp; 1327961 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5172437 |
| **Industrial Engineering — 0.7%** | **Industrial Engineering — 0.7%** | **Industrial Engineering — 0.7%** |
| &nbsp;&nbsp;&nbsp; Caterpillar, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4813 | &nbsp;&nbsp;&nbsp;&nbsp; 1214271 |
| &nbsp;&nbsp;&nbsp; Cummins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7620 | &nbsp;&nbsp;&nbsp;&nbsp; 1901495 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 352109 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3467875 |
| **Industrial Materials — 0.3%** | **Industrial Materials — 0.3%** | **Industrial Materials — 0.3%** |
| &nbsp;&nbsp;&nbsp; International Paper Co. | &nbsp;&nbsp;&nbsp; 36488 | &nbsp;&nbsp;&nbsp;&nbsp; 1525928 |
| **Industrial Metals & Mining — 3.4%** | **Industrial Metals & Mining — 3.4%** | **Industrial Metals & Mining — 3.4%** |
| &nbsp;&nbsp;&nbsp; Alcoa Corp. | &nbsp;&nbsp;&nbsp; 30430 | &nbsp;&nbsp;&nbsp;&nbsp; 1589663 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc. \* | &nbsp;&nbsp;&nbsp; 86978 | &nbsp;&nbsp;&nbsp;&nbsp; 1856980 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp; 50200 | &nbsp;&nbsp;&nbsp;&nbsp; 2239924 |
| &nbsp;&nbsp;&nbsp; Nucor Corp. | &nbsp;&nbsp;&nbsp; 13687 | &nbsp;&nbsp;&nbsp;&nbsp; 2313377 |
| &nbsp;&nbsp;&nbsp; Reliance Steel & Aluminum Co. | &nbsp;&nbsp;&nbsp;&nbsp; 9707 | &nbsp;&nbsp;&nbsp;&nbsp; 2207857 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp. (Mexico) | &nbsp;&nbsp;&nbsp; 24708 | &nbsp;&nbsp;&nbsp;&nbsp; 1858289 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp; 19737 | &nbsp;&nbsp;&nbsp;&nbsp; 2381072 |
| &nbsp;&nbsp;&nbsp; Timken Co. (The) | &nbsp;&nbsp;&nbsp; 10928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 899921 |
| &nbsp;&nbsp;&nbsp; United States Steel Corp. | &nbsp;&nbsp;&nbsp; 78001 | &nbsp;&nbsp;&nbsp;&nbsp; 2222248 |
|  |  | &nbsp;&nbsp; 17569331 |
| **Industrial Support Services — 2.2%** | **Industrial Support Services — 2.2%** | **Industrial Support Services — 2.2%** |
| &nbsp;&nbsp;&nbsp; Accenture plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6194 | &nbsp;&nbsp;&nbsp;&nbsp; 1728436 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;&nbsp; 12664 | &nbsp;&nbsp;&nbsp;&nbsp; 1198521 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. | &nbsp;&nbsp;&nbsp; 15161 | &nbsp;&nbsp;&nbsp;&nbsp; 1804159 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 670284 |
| &nbsp;&nbsp;&nbsp; Robert Half International, Inc. | &nbsp;&nbsp;&nbsp; 18030 | &nbsp;&nbsp;&nbsp;&nbsp; 1513799 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial | &nbsp;&nbsp;&nbsp; 50075 | &nbsp;&nbsp;&nbsp;&nbsp; 1839255 |

---

------

**JPMorgan Diversified Return U.S. Equity 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 Support Services — continued** | **Industrial Support Services — continued** | **Industrial Support Services — continued** |
| &nbsp;&nbsp;&nbsp; Western Union Co. (The) | 62067 | 879489 |
| &nbsp;&nbsp;&nbsp; WW Grainger, Inc. | 3403 | 2006000 |
|  |  | &nbsp;&nbsp; 11639943 |
| **Industrial Transportation — 1.3%** | **Industrial Transportation — 1.3%** | **Industrial Transportation — 1.3%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | 12032 | 542403 |
| &nbsp;&nbsp;&nbsp; CSX Corp. | 22411 | 692948 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp. | 4231 | 1040022 |
| &nbsp;&nbsp;&nbsp; PACCAR, Inc. | 2161 | 236219 |
| &nbsp;&nbsp;&nbsp; Ryder System, Inc. | 5987 | 565233 |
| &nbsp;&nbsp;&nbsp; Schneider National, Inc., Class B | 8151 | 216002 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp. | 6855 | 1399722 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., Class B | &nbsp;&nbsp; 10288 | &nbsp;&nbsp;&nbsp;&nbsp; 1905646 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6598195 |
| **Investment Banking & Brokerage Services — 1.7%** | **Investment Banking & Brokerage Services — 1.7%** | **Investment Banking & Brokerage Services — 1.7%** |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3080 | &nbsp;&nbsp;&nbsp;&nbsp; 1078370 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. | &nbsp;&nbsp; 23836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 936278 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley | &nbsp;&nbsp; 22068 | &nbsp;&nbsp;&nbsp;&nbsp; 2147878 |
| &nbsp;&nbsp;&nbsp; Nasdaq, Inc. | &nbsp;&nbsp; 10813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650834 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 764468 |
| &nbsp;&nbsp;&nbsp; State Street Corp. | &nbsp;&nbsp; 23691 | &nbsp;&nbsp;&nbsp;&nbsp; 2163699 |
| &nbsp;&nbsp;&nbsp; Virtu Financial, Inc., Class A | &nbsp;&nbsp; 51770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 999679 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8741206 |
| **Leisure Goods — 0.7%** | **Leisure Goods — 0.7%** | **Leisure Goods — 0.7%** |
| &nbsp;&nbsp;&nbsp; Activision Blizzard, Inc. | &nbsp;&nbsp; 16185 | &nbsp;&nbsp;&nbsp;&nbsp; 1239286 |
| &nbsp;&nbsp;&nbsp; Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 840666 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd. | &nbsp;&nbsp; 12324 | &nbsp;&nbsp;&nbsp;&nbsp; 1218597 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245478 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3544027 |
| **Life Insurance — 1.3%** | **Life Insurance — 1.3%** | **Life Insurance — 1.3%** |
| &nbsp;&nbsp;&nbsp; Aflac, Inc. | &nbsp;&nbsp; 21713 | &nbsp;&nbsp;&nbsp;&nbsp; 1595906 |
| &nbsp;&nbsp;&nbsp; Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 607150 |
| &nbsp;&nbsp;&nbsp; MetLife, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 583065 |
| &nbsp;&nbsp;&nbsp; Principal Financial Group, Inc. | &nbsp;&nbsp; 19077 | &nbsp;&nbsp;&nbsp;&nbsp; 1765576 |
| &nbsp;&nbsp;&nbsp; Prudential Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 447674 |
| &nbsp;&nbsp;&nbsp; Unum Group | &nbsp;&nbsp; 39344 | &nbsp;&nbsp;&nbsp;&nbsp; 1653628 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6652999 |
| **Media — 0.8%** | **Media — 0.8%** | **Media — 0.8%** |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp; 50942 | &nbsp;&nbsp;&nbsp;&nbsp; 1857345 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group, Inc., Class A | &nbsp;&nbsp; 10817 | &nbsp;&nbsp;&nbsp;&nbsp; 2214997 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4072342 |
| **Medical Equipment & Services — 4.0%** | **Medical Equipment & Services — 4.0%** | **Medical Equipment & Services — 4.0%** |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp; 17025 | &nbsp;&nbsp;&nbsp;&nbsp; 1882114 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson and Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5176 | &nbsp;&nbsp;&nbsp;&nbsp; 1305491 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 361895 |
| &nbsp;&nbsp;&nbsp; Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7154 | &nbsp;&nbsp;&nbsp;&nbsp; 1891375 |

---

------

**JPMorgan Diversified Return U.S. Equity 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; Hologic, Inc. \* | 21190 | 1724230 |
| &nbsp;&nbsp;&nbsp; Laboratory Corp. of America Holdings | 7238 | 1824845 |
| &nbsp;&nbsp;&nbsp; Medtronic plc | 16735 | 1400552 |
| &nbsp;&nbsp;&nbsp; PerkinElmer, Inc. | 11350 | 1560965 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. | 12890 | 1913907 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp. \* | 8490 | 726829 |
| &nbsp;&nbsp;&nbsp; STERIS plc | 7091 | 1464362 |
| &nbsp;&nbsp;&nbsp; Stryker Corp. | 4802 | 1218796 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. | 3498 | 1995014 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services, Inc. | 4920 | 1306752 |
|  |  | &nbsp;&nbsp; 20577127 |
| **Mortgage Real Estate Investment Trusts — 0.4%** | **Mortgage Real Estate Investment Trusts — 0.4%** | **Mortgage Real Estate Investment Trusts — 0.4%** |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp. | &nbsp;&nbsp; 83950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 789970 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc. | &nbsp;&nbsp; 59989 | &nbsp;&nbsp;&nbsp;&nbsp; 1253170 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2043140 |
| **Non-life Insurance — 2.7%** | **Non-life Insurance — 2.7%** | **Non-life Insurance — 2.7%** |
| &nbsp;&nbsp;&nbsp; Allstate Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 5860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 752834 |
| &nbsp;&nbsp;&nbsp; American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825026 |
| &nbsp;&nbsp;&nbsp; Aon plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6406 | &nbsp;&nbsp;&nbsp;&nbsp; 2041464 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 5558 | &nbsp;&nbsp;&nbsp;&nbsp; 1264389 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial, Inc. | &nbsp;&nbsp; 31434 | &nbsp;&nbsp;&nbsp;&nbsp; 1384039 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 3038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408854 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group, Inc. (The) | &nbsp;&nbsp; 25759 | &nbsp;&nbsp;&nbsp;&nbsp; 1999156 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9664 | &nbsp;&nbsp;&nbsp;&nbsp; 1690330 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp. | &nbsp;&nbsp; 13266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350090 |
| &nbsp;&nbsp;&nbsp; Progressive Corp. (The) | &nbsp;&nbsp; 15545 | &nbsp;&nbsp;&nbsp;&nbsp; 2119561 |
| &nbsp;&nbsp;&nbsp; WR Berkley Corp. | &nbsp;&nbsp; 18282 | &nbsp;&nbsp;&nbsp;&nbsp; 1282300 |
|  |  | &nbsp;&nbsp; 14118043 |
| **Non-Renewable Energy — 4.8%** | **Non-Renewable Energy — 4.8%** | **Non-Renewable Energy — 4.8%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. | 163502 | &nbsp;&nbsp;&nbsp;&nbsp; 1782172 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co. | &nbsp;&nbsp; 59098 | &nbsp;&nbsp;&nbsp;&nbsp; 1875771 |
| &nbsp;&nbsp;&nbsp; Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8872 | &nbsp;&nbsp;&nbsp;&nbsp; 1543905 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. | &nbsp;&nbsp; 60905 | &nbsp;&nbsp;&nbsp;&nbsp; 1524452 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | &nbsp;&nbsp; 28092 | &nbsp;&nbsp;&nbsp;&nbsp; 1776538 |
| &nbsp;&nbsp;&nbsp; DT Midstream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375350 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | &nbsp;&nbsp; 14476 | &nbsp;&nbsp;&nbsp;&nbsp; 1914451 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp; 15365 | &nbsp;&nbsp;&nbsp;&nbsp; 1782494 |
| &nbsp;&nbsp;&nbsp; Halliburton Co. | &nbsp;&nbsp; 52403 | &nbsp;&nbsp;&nbsp;&nbsp; 2160052 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp. | &nbsp;&nbsp; 11818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672444 |
| &nbsp;&nbsp;&nbsp; Marathon Oil Corp. | &nbsp;&nbsp; 66969 | &nbsp;&nbsp;&nbsp;&nbsp; 1839638 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 842963 |
| &nbsp;&nbsp;&nbsp; Pioneer Natural Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp; 7660 | &nbsp;&nbsp;&nbsp;&nbsp; 1764481 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. | &nbsp;&nbsp; 27574 | &nbsp;&nbsp;&nbsp;&nbsp; 2068601 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 616 | &nbsp;&nbsp;&nbsp;&nbsp; 1229444 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Non-Renewable Energy — continued** | **Non-Renewable Energy — continued** | **Non-Renewable Energy — continued** |
| &nbsp;&nbsp;&nbsp; Vitesse Energy, Inc. \* | 2805 | 44768 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. (The) | 56846 | 1832715 |
|  |  | &nbsp;&nbsp; 25030239 |
| **Personal Care, Drug & Grocery Stores — 4.3%** | **Personal Care, Drug & Grocery Stores — 4.3%** | **Personal Care, Drug & Grocery Stores — 4.3%** |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc., Class A | 73657 | 1561529 |
| &nbsp;&nbsp;&nbsp; AmerisourceBergen Corp. | 12020 | 2030899 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. | 8497 | 2004527 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. | 9419 | 761621 |
| &nbsp;&nbsp;&nbsp; Clorox Co. (The) | 2357 | 341034 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co. | 26463 | 1972288 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. | 20383 | 1798188 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp. | &nbsp;&nbsp; 15117 | &nbsp;&nbsp;&nbsp;&nbsp; 1965361 |
| &nbsp;&nbsp;&nbsp; Kroger Co. (The) | &nbsp;&nbsp; 41641 | &nbsp;&nbsp;&nbsp;&nbsp; 1858438 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5450 | &nbsp;&nbsp;&nbsp;&nbsp; 2063806 |
| &nbsp;&nbsp;&nbsp; Olaplex Holdings, Inc. \* | &nbsp;&nbsp; 16370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103295 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. (The) | &nbsp;&nbsp; 13866 | &nbsp;&nbsp;&nbsp;&nbsp; 1974241 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 515141 |
| &nbsp;&nbsp;&nbsp; Sysco Corp. | &nbsp;&nbsp; 17644 | &nbsp;&nbsp;&nbsp;&nbsp; 1366704 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc. | &nbsp;&nbsp; 49406 | &nbsp;&nbsp;&nbsp;&nbsp; 1821105 |
|  |  | &nbsp;&nbsp; 22138177 |
| **Personal Goods — 0.5%** | **Personal Goods — 0.5%** | **Personal Goods — 0.5%** |
| &nbsp;&nbsp;&nbsp; Carter's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253445 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc. (The), Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6764 | &nbsp;&nbsp;&nbsp;&nbsp; 1874169 |
| &nbsp;&nbsp;&nbsp; NIKE, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 4680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 595904 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2723518 |
| **Pharmaceuticals, Biotechnology & Marijuana Producers — 5.1%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 5.1%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 5.1%** |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp; 12812 | &nbsp;&nbsp;&nbsp;&nbsp; 1892973 |
| &nbsp;&nbsp;&nbsp; Amgen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7186 | &nbsp;&nbsp;&nbsp;&nbsp; 1813746 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | &nbsp;&nbsp; 25649 | &nbsp;&nbsp;&nbsp;&nbsp; 1863400 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. | &nbsp;&nbsp; 25575 | &nbsp;&nbsp;&nbsp;&nbsp; 1975669 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5569 | &nbsp;&nbsp;&nbsp;&nbsp; 1916571 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. | &nbsp;&nbsp; 23409 | &nbsp;&nbsp;&nbsp;&nbsp; 1964952 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp; 11813 | &nbsp;&nbsp;&nbsp;&nbsp; 1930481 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | &nbsp;&nbsp; 18747 | &nbsp;&nbsp;&nbsp;&nbsp; 2013615 |
| &nbsp;&nbsp;&nbsp; Moderna, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7809 | &nbsp;&nbsp;&nbsp;&nbsp; 1374853 |
| &nbsp;&nbsp;&nbsp; Pfizer, Inc. | &nbsp;&nbsp; 41190 | &nbsp;&nbsp;&nbsp;&nbsp; 1818950 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2574 | &nbsp;&nbsp;&nbsp;&nbsp; 1952302 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7328 | &nbsp;&nbsp;&nbsp;&nbsp; 1928510 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6494 | &nbsp;&nbsp;&nbsp;&nbsp; 2098211 |
| &nbsp;&nbsp;&nbsp; Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9735 | &nbsp;&nbsp;&nbsp;&nbsp; 1611045 |
|  |  | &nbsp;&nbsp; 26155278 |
| **Precious Metals & Mining — 0.3%** | **Precious Metals & Mining — 0.3%** | **Precious Metals & Mining — 0.3%** |
| &nbsp;&nbsp;&nbsp; Newmont Corp. | &nbsp;&nbsp; 26658 | &nbsp;&nbsp;&nbsp;&nbsp; 1411008 |
| &nbsp;&nbsp;&nbsp; SSR Mining, Inc. (Canada) | &nbsp;&nbsp;&nbsp;&nbsp; 6514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110347 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1521355 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Real Estate Investment & Services — 0.7%** | **Real Estate Investment & Services — 0.7%** | **Real Estate Investment & Services — 0.7%** |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc., Class A \* | 20556 | 1757744 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. \* | 9613 | 1777155 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3534899 |
| **Real Estate Investment Trusts — 8.0%** | **Real Estate Investment Trusts — 8.0%** | **Real Estate Investment Trusts — 8.0%** |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | 4841 | 1081431 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group, Inc. | 57051 | 1342410 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust | 9821 | 1210045 |
| &nbsp;&nbsp;&nbsp; Crown Castle, Inc. | 9416 | 1394604 |
| &nbsp;&nbsp;&nbsp; CubeSmart | 17473 | 800089 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage, Inc. | 9914 | 1564727 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc. | 10186 | 543423 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. | &nbsp;&nbsp; 38984 | &nbsp;&nbsp;&nbsp;&nbsp; 2087983 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. | 108253 | &nbsp;&nbsp;&nbsp;&nbsp; 2040569 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc. | &nbsp;&nbsp; 38027 | &nbsp;&nbsp;&nbsp;&nbsp; 2075514 |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp. | &nbsp;&nbsp; 72774 | &nbsp;&nbsp;&nbsp;&nbsp; 1634504 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co., Class A | &nbsp;&nbsp; 20475 | &nbsp;&nbsp;&nbsp;&nbsp; 2181406 |
| &nbsp;&nbsp;&nbsp; Life Storage, Inc. | &nbsp;&nbsp; 11356 | &nbsp;&nbsp;&nbsp;&nbsp; 1226902 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8660 | &nbsp;&nbsp;&nbsp;&nbsp; 1443795 |
| &nbsp;&nbsp;&nbsp; National Retail Properties, Inc. | &nbsp;&nbsp; 15145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 717116 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. | &nbsp;&nbsp; 66707 | &nbsp;&nbsp;&nbsp;&nbsp; 1963854 |
| &nbsp;&nbsp;&nbsp; Prologis, Inc. | &nbsp;&nbsp; 17453 | &nbsp;&nbsp;&nbsp;&nbsp; 2256324 |
| &nbsp;&nbsp;&nbsp; Public Storage | &nbsp;&nbsp;&nbsp;&nbsp; 6797 | &nbsp;&nbsp;&nbsp;&nbsp; 2068599 |
| &nbsp;&nbsp;&nbsp; Rayonier, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345196 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp. | &nbsp;&nbsp; 10169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677560 |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc. | &nbsp;&nbsp; 14629 | &nbsp;&nbsp;&nbsp;&nbsp; 1879241 |
| &nbsp;&nbsp;&nbsp; Spirit Realty Capital, Inc. | &nbsp;&nbsp; 25577 | &nbsp;&nbsp;&nbsp;&nbsp; 1122319 |
| &nbsp;&nbsp;&nbsp; STORE Capital Corp. | &nbsp;&nbsp; 21082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 679051 |
| &nbsp;&nbsp;&nbsp; Ventas, Inc. | &nbsp;&nbsp; 25674 | &nbsp;&nbsp;&nbsp;&nbsp; 1330170 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc. | &nbsp;&nbsp; 60646 | &nbsp;&nbsp;&nbsp;&nbsp; 2072880 |
| &nbsp;&nbsp;&nbsp; Welltower, Inc. | &nbsp;&nbsp; 20939 | &nbsp;&nbsp;&nbsp;&nbsp; 1571263 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co. | &nbsp;&nbsp; 62682 | &nbsp;&nbsp;&nbsp;&nbsp; 2158141 |
| &nbsp;&nbsp;&nbsp; WP Carey, Inc. | &nbsp;&nbsp; 26020 | &nbsp;&nbsp;&nbsp;&nbsp; 2225491 |
|  |  | &nbsp;&nbsp; 41694607 |
| **Retailers — 3.6%** | **Retailers — 3.6%** | **Retailers — 3.6%** |
| &nbsp;&nbsp;&nbsp; AutoZone, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 741 | &nbsp;&nbsp;&nbsp;&nbsp; 1807188 |
| &nbsp;&nbsp;&nbsp; Best Buy Co., Inc. | &nbsp;&nbsp; 15559 | &nbsp;&nbsp;&nbsp;&nbsp; 1380395 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods, Inc. | &nbsp;&nbsp; 16507 | &nbsp;&nbsp;&nbsp;&nbsp; 2158455 |
| &nbsp;&nbsp;&nbsp; Kohl's Corp. | &nbsp;&nbsp; 28358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 917949 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8800 | &nbsp;&nbsp;&nbsp;&nbsp; 1832600 |
| &nbsp;&nbsp;&nbsp; Macy's, Inc. | &nbsp;&nbsp; 87261 | &nbsp;&nbsp;&nbsp;&nbsp; 2061977 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2369 | &nbsp;&nbsp;&nbsp;&nbsp; 1877077 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. | &nbsp;&nbsp; 12435 | &nbsp;&nbsp;&nbsp;&nbsp; 1589442 |
| &nbsp;&nbsp;&nbsp; Target Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7988 | &nbsp;&nbsp;&nbsp;&nbsp; 1375054 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co. | &nbsp;&nbsp;&nbsp;&nbsp; 8759 | &nbsp;&nbsp;&nbsp;&nbsp; 1996964 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma, Inc. | &nbsp;&nbsp; 11262 | &nbsp;&nbsp;&nbsp;&nbsp; 1519694 |
|  |  | &nbsp;&nbsp; 18516795 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Software & Computer Services — 4.5%** | **Software & Computer Services — 4.5%** | **Software & Computer Services — 4.5%** |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class A \* | 16522 | 1633034 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd. | 15921 | 1463618 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc., Class A \* | 1716 | 528682 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc. \* | 11526 | 2107299 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., Class A | 28197 | 1882150 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., Class A | 4731 | 376398 |
| &nbsp;&nbsp;&nbsp; Gartner, Inc. \* | 3740 | 1264644 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. | 54220 | 1247602 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | 110467 | 1781833 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | 12733 | 1715517 |
| &nbsp;&nbsp;&nbsp; Intuit, Inc. | 3512 | 1484417 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224861 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 7894 | &nbsp;&nbsp;&nbsp;&nbsp; 1175969 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7898 | &nbsp;&nbsp;&nbsp;&nbsp; 1957203 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 23044 | &nbsp;&nbsp;&nbsp;&nbsp; 2038472 |
| &nbsp;&nbsp;&nbsp; Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2666 | &nbsp;&nbsp;&nbsp;&nbsp; 1137716 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 387618 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. | &nbsp;&nbsp; 14565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 878998 |
|  |  | &nbsp;&nbsp; 23286031 |
| **Technology Hardware & Equipment — 4.5%** | **Technology Hardware & Equipment — 4.5%** | **Technology Hardware & Equipment — 4.5%** |
| &nbsp;&nbsp;&nbsp; Amphenol Corp., Class A | &nbsp;&nbsp; 20387 | &nbsp;&nbsp;&nbsp;&nbsp; 1626271 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. | &nbsp;&nbsp; 11952 | &nbsp;&nbsp;&nbsp;&nbsp; 2049409 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp; 13310 | &nbsp;&nbsp;&nbsp;&nbsp; 1920500 |
| &nbsp;&nbsp;&nbsp; Applied Materials, Inc. | &nbsp;&nbsp; 16171 | &nbsp;&nbsp;&nbsp;&nbsp; 1802905 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3695 | &nbsp;&nbsp;&nbsp;&nbsp; 2161612 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49353 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 381185 |
| &nbsp;&nbsp;&nbsp; HP, Inc. | &nbsp;&nbsp; 43291 | &nbsp;&nbsp;&nbsp;&nbsp; 1261500 |
| &nbsp;&nbsp;&nbsp; Intel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105042 |
| &nbsp;&nbsp;&nbsp; KLA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5223 | &nbsp;&nbsp;&nbsp;&nbsp; 2049923 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3554 | &nbsp;&nbsp;&nbsp;&nbsp; 1777355 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. | &nbsp;&nbsp; 19698 | &nbsp;&nbsp;&nbsp;&nbsp; 1304599 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8258 | &nbsp;&nbsp;&nbsp;&nbsp; 1613365 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. | &nbsp;&nbsp; 10721 | &nbsp;&nbsp;&nbsp;&nbsp; 1175772 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 773582 |
| &nbsp;&nbsp;&nbsp; Teradyne, Inc. | &nbsp;&nbsp; 15285 | &nbsp;&nbsp;&nbsp;&nbsp; 1554485 |
| &nbsp;&nbsp;&nbsp; Texas Instruments, Inc. | &nbsp;&nbsp; 10950 | &nbsp;&nbsp;&nbsp;&nbsp; 1940450 |
|  |  | &nbsp;&nbsp; 23547308 |
| **Telecommunications Equipment — 2.1%** | **Telecommunications Equipment — 2.1%** | **Telecommunications Equipment — 2.1%** |
| &nbsp;&nbsp;&nbsp; Arista Networks, Inc. \* | &nbsp;&nbsp; 14731 | &nbsp;&nbsp;&nbsp;&nbsp; 1856401 |
| &nbsp;&nbsp;&nbsp; Ciena Corp. \* | &nbsp;&nbsp; 19296 | &nbsp;&nbsp;&nbsp;&nbsp; 1003778 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp; 41445 | &nbsp;&nbsp;&nbsp;&nbsp; 2017128 |
| &nbsp;&nbsp;&nbsp; Juniper Networks, Inc. | &nbsp;&nbsp; 61699 | &nbsp;&nbsp;&nbsp;&nbsp; 1992878 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 462483 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7541 | &nbsp;&nbsp;&nbsp;&nbsp; 1938112 |
| &nbsp;&nbsp;&nbsp; Ubiquiti, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 5054 | &nbsp;&nbsp;&nbsp;&nbsp; 1476577 |
|  |  | &nbsp;&nbsp; 10747357 |

---

------

**JPMorgan Diversified Return U.S. Equity 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** |
| **Telecommunications Service Providers — 3.4%** | **Telecommunications Service Providers — 3.4%** | **Telecommunications Service Providers — 3.4%** |
| &nbsp;&nbsp;&nbsp; Altice USA, Inc., Class A \* | 228941 | 1121811 |
| &nbsp;&nbsp;&nbsp; AT&T, Inc. | 106700 | 2173479 |
| &nbsp;&nbsp;&nbsp; Cable One, Inc. | 1686 | 1331738 |
| &nbsp;&nbsp;&nbsp; Charter Communications, Inc., Class A \* | 3936 | 1512644 |
| &nbsp;&nbsp;&nbsp; Comcast Corp., Class A | 55959 | 2201987 |
| &nbsp;&nbsp;&nbsp; DISH Network Corp., Class A \* | 127745 | 1838250 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent, Inc. \* | 39544 | 1170898 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. | 374829 | 1967852 |
| &nbsp;&nbsp;&nbsp; T-Mobile US, Inc. \* | 13687 | 2043606 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. | 52600 | 2186582 |
|  |  | &nbsp;&nbsp; 17548847 |
| **Tobacco — 0.8%** | **Tobacco — 0.8%** | **Tobacco — 0.8%** |
| &nbsp;&nbsp;&nbsp; Altria Group, Inc. | &nbsp;&nbsp; 44636 | &nbsp;&nbsp;&nbsp;&nbsp; 2010406 |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp; 20826 | &nbsp;&nbsp;&nbsp;&nbsp; 2170902 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4181308 |
| **Travel & Leisure — 0.1%** | **Travel & Leisure — 0.1%** | **Travel & Leisure — 0.1%** |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co. | &nbsp;&nbsp;&nbsp;&nbsp; 8704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 368789 |
| **Waste & Disposal Services — 1.1%** | **Waste & Disposal Services — 1.1%** | **Waste & Disposal Services — 1.1%** |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. \* | &nbsp;&nbsp; 17086 | &nbsp;&nbsp;&nbsp;&nbsp; 2226306 |
| &nbsp;&nbsp;&nbsp; Republic Services, Inc. | &nbsp;&nbsp; 14052 | &nbsp;&nbsp;&nbsp;&nbsp; 1753971 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc. | &nbsp;&nbsp; 12225 | &nbsp;&nbsp;&nbsp;&nbsp; 1891574 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5871851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $452,676,092)<br>|  | 517034736 |
| **Short-Term Investments — 0.2%** | **Short-Term Investments — 0.2%** | **Short-Term Investments — 0.2%** |
| **Investment Companies — 0.1%** | **Investment Companies — 0.1%** | **Investment Companies — 0.1%** |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.15% (b) (c)(Cost $438,175) | 438175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 438175 |
| **Investment of Cash Collateral from Securities Loaned — 0.1%** | **Investment of Cash Collateral from Securities Loaned — 0.1%** | **Investment of Cash Collateral from Securities Loaned — 0.1%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Class Agency SL Shares, 4.57% (b) (c) | 200027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200107 |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.15% (b) (c) | 117891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment of Cash Collateral from Securities Loaned <br>(Cost $317,818)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $755,993)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756173 |
| **Total Investments — 100.0%** <br>**(Cost $453,432,085)**<br>|  | **517790909** |
| **Assets in Excess of Other Liabilities — 0.0% ^** |  | **196834** |
| **NET ASSETS — 100.0%** |  | **517987743** |

---

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

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

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at January 31, 2023. The total value of securities on loan at January 31, 2023 is <br> $320,500.<br>|

---

------

**JPMorgan Diversified Return U.S. Equity 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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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** |  |  |  |  |  |
| S&P 500 E-Mini Index | 1 | 03/17/2023 | USD | 204525 | 10623 |

---

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

---

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

---

------

**JPMorgan Diversified Return U.S. Equity 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 net asset value ("NAV") of the Fund is calculated on a valuation date. Certain foreign equity instruments are valued by applying international fair value factors provided by an approved Pricing Service. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is 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) | $517790909 | $— | $— | $517790909 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | $10623 | $— | $— | $10623 |

---

&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 Diversified Return U.S. Equity 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 Securities Lending Money Market <br> Fund Agency SL Class Shares, 4.57% <br> (a) (b)<br>| $200027 | $— | $— | $— | $80 | $200107 | 200027 | $2156 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund Class IM Shares, 4.15% (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 191848 | &nbsp;&nbsp; 12347851 | &nbsp;&nbsp; 12421808 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 117891 | 117891 | &nbsp;&nbsp;&nbsp;&nbsp; 3597 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund Class IM Shares, 4.15% (a) (b)<br>| &nbsp;&nbsp; 1020750 | &nbsp;&nbsp; 10760008 | &nbsp;&nbsp; 11342583 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 438175 | 438175 | &nbsp;&nbsp; 12873 | &nbsp;&nbsp; — |
| **Total** | $1412625 | $23107859 | $23764391 | $— | $80 | $756173 |  | $18626 | $— |

---

&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 Diversified Return U.S. Equity ETF

- **b. EDGAR series identifier (if any):** S000046874

- **c. LEI of Series:** 549300Q8S3VLN4G8B490

**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:** $518383203.27

**Total Liabilities:** $395460.19

**Net Assets:** $517987743.08

**Cash Not Reported:** $5406.80

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146462 | 6.12%                | -4.14%               | 5.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2299050.22              | $27181258.68                               |
| Month 2  | $-386956.49              | $-22741144.55                              |
| Month 3  | $1695.83                 | $24807561.31                               |

**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        |     20556 | NS      | $1757743.56   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.                   | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    108253 | NS      | $2040569.05   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                  | Oracle Corp.                                                          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     23044 | NS      | $2038472.24   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co. (The)                         | Kraft Heinz Co. (The)                                                 | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     52140 | NS      | $2113234.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                | Walgreens Boots Alliance, Inc.                                        | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     49406 | NS      | $1821105.16   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                               | Eaton Corp. plc                                                       | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |     12564 | NS      | $2038006.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                           | Synchrony Financial                                                   | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     50075 | NS      | $1839254.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                  | Cadence Design Systems, Inc.                                          | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     11526 | NS      | $2107298.58   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's, Inc.                                | Carter's, Inc.                                                        | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      3040 | NS      | $253444.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories, Inc.                      | Dolby Laboratories, Inc., Class A                                     | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |      4731 | NS      | $376398.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                    | Archer-Daniels-Midland Co.                                            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     21055 | NS      | $1744406.75   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                             | Exxon Mobil Corp.                                                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     15365 | NS      | $1782493.65   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                       | Louisiana-Pacific Corp.                                               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     30367 | NS      | $2067689.03   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                | Alphabet, Inc., Class A                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16522 | NS      | $1633034.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                     | United Therapeutics Corp.                                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      7328 | NS      | $1928509.76   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                     | CubeSmart                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17473 | NS      | $800088.67    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                               | Ingredion, Inc.                                                       | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     18012 | NS      | $1851633.60   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                        | Waste Management, Inc.                                                | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     12225 | NS      | $1891574.25   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                              | OGE Energy Corp.                                                      | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     50676 | NS      | $1992580.32   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                | Amphenol Corp., Class A                                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     20387 | NS      | $1626270.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                  | AMETEK, Inc.                                                          | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      8110 | NS      | $1175301.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                    | Chubb Ltd.                                                            | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      5558 | NS      | $1264389.42   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares, Inc.                   | Huntington Bancshares, Inc.                                           | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    107413 | NS      | $1629455.21   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                  | NVIDIA Corp.                                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      8258 | NS      | $1613365.46   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                                  | Gentex Corp.                                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     57487 | NS      | $1696441.37   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                           | Carlisle Cos., Inc.                                                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2280 | NS      | $571960.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                           | Flowers Foods, Inc.                                                   | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     68231 | NS      | $1889316.39   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co. (The)                              | Timken Co. (The)                                                      | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     10928 | NS      | $899920.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti, Inc.                                | Ubiquiti, Inc.                                                        | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5054 | NS      | $1476576.64   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| NVR, Inc.                                     | NVR, Inc.                                                             | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       165 | NS      | $869550.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                     | KLA Corp.                                                             | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      5223 | NS      | $2049923.04   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.       | Mid-America Apartment Communities, Inc.                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      8660 | NS      | $1443795.20   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                      | Bristol-Myers Squibb Co.                                              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     25649 | NS      | $1863399.85   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital, Inc.                             | Gen Digital, Inc.                                                     | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     54220 | NS      | $1247602.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                               | Eli Lilly & Co.                                                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      5569 | NS      | $1916571.35   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                 | Danaher Corp.                                                         | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      7154 | NS      | $1891374.52   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp.                                 | Stryker Corp.                                                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      4802 | NS      | $1218795.62   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                         | Harley-Davidson, Inc.                                                 | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      5333 | NS      | $245477.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co. (The)                         | J M Smucker Co. (The)                                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     13319 | NS      | $2035143.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                                 | Cummins, Inc.                                                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      7620 | NS      | $1901494.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                                   | Intel Corp.                                                           | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      3717 | NS      | $105042.42    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                  | Intuit, Inc.                                                          | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      3512 | NS      | $1484417.04   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.         | International Business Machines Corp.                                 | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     12733 | NS      | $1715517.09   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                    | Constellation Brands, Inc., Class A                                   | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      8092 | NS      | $1873459.84   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                                | WP Carey, Inc.                                                        | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     26020 | NS      | $2225490.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Ltd.                                    | Bunge Ltd.                                                            | CUSIP: N/A<br>LEI: 5493007M0RIN8HY3MM77       | Long             | EC               | CORP              | BM        |     19564 | NS      | $1938792.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.             | Fidelity National Financial, Inc.                                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     31434 | NS      | $1384039.02   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent, Inc.          | Frontier Communications Parent, Inc.                                  | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39544 | NS      | $1170897.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                       | Republic Services, Inc.                                               | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     14052 | NS      | $1753970.64   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                   | Apple, Inc.                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     13310 | NS      | $1920499.90   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Realty Capital, Inc.                   | Spirit Realty Capital, Inc.                                           | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |     25577 | NS      | $1122318.76   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                            | Devon Energy Corp.                                                    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     28092 | NS      | $1776538.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.           | Gaming and Leisure Properties, Inc.                                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     38984 | NS      | $2087983.04   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy, Inc.                          | Vitesse Energy, Inc.                                                  | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2805 | NS      | $44767.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp.                      | Texas Pacific Land Corp.                                              | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       616 | NS      | $1229443.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                           | Toll Brothers, Inc.                                                   | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      4992 | NS      | $296974.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage, Inc.                            | Life Storage, Inc.                                                    | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |     11356 | NS      | $1226902.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                                 | Gartner, Inc.                                                         | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      3740 | NS      | $1264643.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust, Inc.                 | Starwood Property Trust, Inc.                                         | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               | CORP              | US        |     59989 | NS      | $1253170.21   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos., Inc.                         | Albertsons Cos., Inc., Class A                                        | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |     73657 | NS      | $1561528.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp.                                     | UGI Corp.                                                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     53049 | NS      | $2112941.67   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |    200020 | NS      | $200020.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                              | Kroger Co. (The)                                                      | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     41641 | NS      | $1858437.83   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH Network Corp.                            | DISH Network Corp., Class A                                           | CUSIP: 25470M109<br>LEI: 529900U350CWHH15G169 | Long             | EC               | CORP              | US        |    127745 | NS      | $1838250.55   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                          | Allstate Corp. (The)                                                  | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      5860 | NS      | $752834.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings, Inc.                | Spectrum Brands Holdings, Inc.                                        | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      7589 | NS      | $515141.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                         | Camden Property Trust                                                 | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      9821 | NS      | $1210045.41   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                          | Edison International                                                  | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     16025 | NS      | $1104122.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                             | Johnson & Johnson                                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     11813 | NS      | $1930480.46   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                             | Merck & Co., Inc.                                                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     18747 | NS      | $2013615.27   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                                | DTE Energy Co.                                                        | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     15382 | NS      | $1790003.34   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                    | AT&T, Inc.                                                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    106700 | NS      | $2173479.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                            | Hormel Foods Corp.                                                    | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     43624 | NS      | $1976603.44   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                                  | Pfizer, Inc.                                                          | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     41190 | NS      | $1818950.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings, Inc.                       | Lumentum Holdings, Inc.                                               | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      7685 | NS      | $462483.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp.                              | Bio-Techne Corp.                                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      4543 | NS      | $361895.38    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial, Inc.                          | Ally Financial, Inc.                                                  | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     42415 | NS      | $1378063.35   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                         | Arista Networks, Inc.                                                 | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     14731 | NS      | $1856400.62   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                            | Atmos Energy Corp.                                                    | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     11452 | NS      | $1346068.08   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp.                       | Regions Financial Corp.                                               | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     23447 | NS      | $551942.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co.                      | Becton Dickinson and Co.                                              | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      5176 | NS      | $1305490.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                   | Nucor Corp.                                                           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     13687 | NS      | $2313376.74   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                        | Juniper Networks, Inc.                                                | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |     61699 | NS      | $1992877.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                    | Prudential Financial, Inc.                                            | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      4266 | NS      | $447674.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education, Inc.                  | Grand Canyon Education, Inc.                                          | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      2970 | NS      | $346183.20    | 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        |     10288 | NS      | $1905646.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                    | Simon Property Group, Inc.                                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     14629 | NS      | $1879241.34   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                | Hewlett Packard Enterprise Co.                                        | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    110467 | NS      | $1781832.71   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                          | Steel Dynamics, Inc.                                                  | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     19737 | NS      | $2381071.68   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.              | Omega Healthcare Investors, Inc.                                      | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     66707 | NS      | $1963854.08   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial, Inc.                 | Raymond James Financial, Inc.                                         | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      6779 | NS      | $764467.83    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                | Teradyne, Inc.                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     15285 | NS      | $1554484.50   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                       | Molina Healthcare, Inc.                                               | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      2528 | NS      | $788306.24    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life, Inc.                              | Globe Life, Inc.                                                      | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      5024 | NS      | $607150.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                             | HF Sinclair Corp.                                                     | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11818 | NS      | $672444.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Group, Inc. (The) | Hartford Financial Services Group, Inc. (The)                         | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     25759 | NS      | $1999155.99   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings, Inc.                    | Lamb Weston Holdings, Inc.                                            | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     17253 | NS      | $1723402.17   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                       | Progressive Corp. (The)                                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     15545 | NS      | $2119560.75   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group, Inc.                     | Nexstar Media Group, Inc.                                             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     10817 | NS      | $2214997.09   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp.                             | QuidelOrtho Corp.                                                     | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |      8490 | NS      | $726828.90    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                           | General Mills, Inc.                                                   | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     24067 | NS      | $1885890.12   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                      | Jones Lang LaSalle, Inc.                                              | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      9613 | NS      | $1777155.31   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                 | Newmont Corp.                                                         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     26658 | NS      | $1411007.94   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                 | Popular, Inc.                                                         | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     12927 | NS      | $887309.28    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                      | Skyworks Solutions, Inc.                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     10721 | NS      | $1175772.07   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                     | Williams Cos., Inc. (The)                                             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     56846 | NS      | $1832715.04   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic, Inc.                                 | Hologic, Inc.                                                         | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     21190 | NS      | $1724230.30   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.              | Old Republic International Corp.                                      | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     13266 | NS      | $350089.74    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                              | Weyerhaeuser Co.                                                      | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     62682 | NS      | $2158141.26   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger, Inc.                             | WW Grainger, Inc.                                                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      3403 | NS      | $2006000.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                           | Rithm Capital Corp.                                                   | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |     83950 | NS      | $789969.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                     | Church & Dwight Co., Inc.                                             | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      9419 | NS      | $761620.34    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                         | Regency Centers Corp.                                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     10169 | NS      | $677560.47    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp.                         | Pilgrim's Pride Corp.                                                 | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     21743 | NS      | $527920.04    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                            | Altria Group, Inc.                                                    | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     44636 | NS      | $2010405.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp.                               | NewMarket Corp.                                                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      1070 | NS      | $368625.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PerkinElmer, Inc.                             | PerkinElmer, Inc.                                                     | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |     11350 | NS      | $1560965.50   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp.                        | General Dynamics Corp.                                                | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      8137 | NS      | $1896409.22   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                                   | Sysco Corp.                                                           | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     17644 | NS      | $1366704.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                                | Huntsman Corp.                                                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     73806 | NS      | $2338912.14   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.               | Universal Health Services, Inc., Class B                              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     10701 | NS      | $1585995.21   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                  | Ventas, Inc.                                                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     25674 | NS      | $1330169.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                 | Ashland, Inc.                                                         | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     18071 | NS      | $1974618.17   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                     | Consolidated Edison, Inc.                                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     20914 | NS      | $1993313.34   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan, Inc.                        | Freeport-McMoRan, Inc.                                                | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     50200 | NS      | $2239924.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                            | Southern Co. (The)                                                    | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     30313 | NS      | $2051583.84   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                            | Kimco Realty Corp.                                                    | CUSIP: 49446R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72774 | NS      | $1634504.04   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp.                                | Celanese Corp.                                                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     12555 | NS      | $1546776.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc.                     | Darling Ingredients, Inc.                                             | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     23872 | NS      | $1582474.88   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                            | Ryder System, Inc.                                                    | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |      5987 | NS      | $565232.67    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                  | LyondellBasell Industries NV, Class A                                 | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | NL        |     24119 | NS      | $2332066.11   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                 | Corteva, Inc.                                                         | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     30565 | NS      | $1969914.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                         | Williams-Sonoma, Inc.                                                 | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     11262 | NS      | $1519694.28   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions, Inc.                       | Element Solutions, Inc.                                               | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     71554 | NS      | $1465425.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp.                               | TD SYNNEX Corp.                                                       | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      7573 | NS      | $773581.95    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                              | Clorox Co. (The)                                                      | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      2357 | NS      | $341034.33    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                  | Nasdaq, Inc.                                                          | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     10813 | NS      | $650834.47    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                                | AutoZone, Inc.                                                        | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       741 | NS      | $1807187.85   | 0.35%             |  |  |  | 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        |     50942 | NS      | $1857345.32   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                   | Discover Financial Services                                           | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      8913 | NS      | $1040414.49   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                          | Otis Worldwide Corp.                                                  | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      4282 | NS      | $352108.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                | Broadcom, Inc.                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      3695 | NS      | $2161611.95   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                                | McKesson Corp.                                                        | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      5450 | NS      | $2063806.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Olaplex Holdings, Inc.                        | Olaplex Holdings, Inc.                                                | CUSIP: 679369108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16370 | NS      | $103294.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                      | Roper Technologies, Inc.                                              | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      2666 | NS      | $1137715.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd.                                   | Amdocs Ltd.                                                           | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     15921 | NS      | $1463617.53   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                               | Whirlpool Corp.                                                       | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      8535 | NS      | $1327960.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                           | Abbott Laboratories                                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     17025 | NS      | $1882113.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                       | International Paper Co.                                               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     36488 | NS      | $1525928.16   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                          | Meta Platforms, Inc., Class A                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      7894 | NS      | $1175969.18   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                 | Medtronic plc                                                         | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     16735 | NS      | $1400552.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                   | Capital One Financial Corp.                                           | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     15161 | NS      | $1804159.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp.                          | Carrier Global Corp.                                                  | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |      8273 | NS      | $376669.69    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp.                              | Concentrix Corp.                                                      | CUSIP: 20602D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2688 | NS      | $381185.28    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon plc                                       | Aon plc, Class A                                                      | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |      6406 | NS      | $2041464.08   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.             | Philip Morris International, Inc.                                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     20826 | NS      | $2170902.24   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp.                                    | IDEX Corp.                                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      3918 | NS      | $939066.24    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries, Inc.            | Hawaiian Electric Industries, Inc.                                    | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     25725 | NS      | $1087395.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co.                           | Sonoco Products Co.                                                   | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |       999 | NS      | $61048.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp.                                  | Chemed Corp.                                                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      1605 | NS      | $810749.70    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half International, Inc.               | Robert Half International, Inc.                                       | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     18030 | NS      | $1513798.80   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                           | Clean Harbors, Inc.                                                   | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     17086 | NS      | $2226305.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp.                            | Marathon Oil Corp.                                                    | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     66969 | NS      | $1839638.43   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper, Inc.                        | Keurig Dr Pepper, Inc.                                                | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     53021 | NS      | $1870580.88   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                 | Comcast Corp., Class A                                                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     55959 | NS      | $2201986.65   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy, Inc.                             | Xcel Energy, Inc.                                                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     29199 | NS      | $2008015.23   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands, Inc.                          | Conagra Brands, Inc.                                                  | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     54008 | NS      | $2008557.52   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                      | Motorola Solutions, Inc.                                              | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      7541 | NS      | $1938112.41   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies, Inc.                      | Lumen Technologies, Inc.                                              | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    374829 | NS      | $1967852.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                         | Cardinal Health, Inc.                                                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     25575 | NS      | $1975668.75   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                         | Eagle Materials, Inc.                                                 | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      4198 | NS      | $613243.84    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratory Corp. of America Holdings          | Laboratory Corp. of America Holdings                                  | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |      7238 | NS      | $1824844.56   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                    | US Bancorp                                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     12855 | NS      | $640179.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                     | PPL Corp.                                                             | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     69455 | NS      | $2055868.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard, Inc.                     | Activision Blizzard, Inc.                                             | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     16185 | NS      | $1239285.45   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                                  | Macy's, Inc.                                                          | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |     87261 | NS      | $2061977.43   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                       | KeyCorp                                                               | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     19184 | NS      | $368140.96    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WR Berkley Corp.                              | WR Berkley Corp.                                                      | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     18282 | NS      | $1282299.48   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                           | Cisco Systems, Inc.                                                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     41445 | NS      | $2017128.15   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp.                        | Antero Midstream Corp.                                                | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163502 | NS      | $1782171.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co.                          | Travel + Leisure Co.                                                  | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |      8704 | NS      | $368788.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                 | PepsiCo, Inc.                                                         | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     11122 | NS      | $1902084.44   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                           | Fifth Third Bancorp                                                   | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     42170 | NS      | $1530349.30   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                             | FirstEnergy Corp.                                                     | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     50181 | NS      | $2054911.95   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs, Inc.                        | Cleveland-Cliffs, Inc.                                                | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |     86978 | NS      | $1856980.30   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                  | Casey's General Stores, Inc.                                          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      8497 | NS      | $2004527.27   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.          | Cognizant Technology Solutions Corp., Class A                         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     28197 | NS      | $1882149.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.           | First Industrial Realty Trust, Inc.                                   | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10186 | NS      | $543423.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)           | Hanover Insurance Group, Inc. (The)                                   | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      3038 | NS      | $408854.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource, Inc.                                | NiSource, Inc.                                                        | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     73383 | NS      | $2036378.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                | Morgan Stanley                                                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     22068 | NS      | $2147878.44   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                             | T-Mobile US, Inc.                                                     | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     13687 | NS      | $2043605.97   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                         | Quanta Services, Inc.                                                 | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     13688 | NS      | $2083176.72   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                    | Constellation Energy Corp.                                            | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     16591 | NS      | $1416207.76   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                   | Ciena Corp.                                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     19296 | NS      | $1003777.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HP, Inc.                                      | HP, Inc.                                                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     43291 | NS      | $1261499.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals, Inc.                  | Vertex Pharmaceuticals, Inc.                                          | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      6494 | NS      | $2098211.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings, Inc.                           | Post Holdings, Inc.                                                   | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     22212 | NS      | $2109029.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                             | Lowe's Cos., Inc.                                                     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      8800 | NS      | $1832600.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                          | Analog Devices, Inc.                                                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     11952 | NS      | $2049409.44   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                                  | Kohl's Corp.                                                          | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     28358 | NS      | $917948.46    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National, Inc.                      | Schneider National, Inc., Class B                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |      8151 | NS      | $216001.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemours Co. (The)                            | Chemours Co. (The)                                                    | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |     48506 | NS      | $1765133.34   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                         | Colgate-Palmolive Co.                                                 | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     26463 | NS      | $1972287.39   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                       | Applied Materials, Inc.                                               | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     16171 | NS      | $1802904.79   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                  | Exelon Corp.                                                          | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     49561 | NS      | $2090978.59   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                            | Brown-Forman Corp., Class B                                           | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     22626 | NS      | $1506439.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                 | Chevron Corp.                                                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8872 | NS      | $1543905.44   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp.                                   | Cigna Corp.                                                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      6250 | NS      | $1979187.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                  | Target Corp.                                                          | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      7988 | NS      | $1375054.32   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                               | Halliburton Co.                                                       | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     52403 | NS      | $2160051.66   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Co.                             | Campbell Soup Co.                                                     | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     38212 | NS      | $1984349.16   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International, Inc.                       | RPM International, Inc.                                               | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     19793 | NS      | $1779588.63   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.             | American Electric Power Co., Inc.                                     | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     21182 | NS      | $1990260.72   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                            | Crown Castle, Inc.                                                    | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      9416 | NS      | $1394603.76   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp.                         | Southern Copper Corp.                                                 | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     24708 | NS      | $1858288.68   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                  | Lennar Corp., Class A                                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     19468 | NS      | $1993523.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                             | Tyson Foods, Inc., Class A                                            | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     26341 | NS      | $1731920.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co., Inc.               | MSC Industrial Direct Co., Inc., Class A                              | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |      8105 | NS      | $670283.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co.                 | Reliance Steel & Aluminum Co.                                         | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      9707 | NS      | $2207857.15   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                  | Vistra Corp.                                                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     79883 | NS      | $1842101.98   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp.                                | Westlake Corp.                                                        | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |     19047 | NS      | $2338019.25   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                  | Ameren Corp.                                                          | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     21611 | NS      | $1877347.57   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.      | Science Applications International Corp.                              | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      3735 | NS      | $387618.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                           | Coca-Cola Co. (The)                                                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     32630 | NS      | $2000871.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                             | Caterpillar, Inc.                                                     | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      4813 | NS      | $1214271.77   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp.                              | CMS Energy Corp.                                                      | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     26116 | NS      | $1650270.04   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings, Inc.              | SS&C Technologies Holdings, Inc.                                      | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     14565 | NS      | $878997.75    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.                   | L3Harris Technologies, Inc.                                           | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1545 | NS      | $331896.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Altice USA, Inc.                              | Altice USA, Inc., Class A                                             | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |    228941 | NS      | $1121810.90   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                   | Marsh & McLennan Cos., Inc.                                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      9664 | NS      | $1690330.24   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp.                                    | Olin Corp.                                                            | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     35983 | NS      | $2324141.97   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                               | Welltower, Inc.                                                       | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |     20939 | NS      | $1571262.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy, Inc.                          | Coterra Energy, Inc.                                                  | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     60905 | NS      | $1524452.15   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services, Inc.            | West Pharmaceutical Services, Inc.                                    | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      4920 | NS      | $1306752.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group, Inc.                 | Penske Automotive Group, Inc.                                         | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |     12435 | NS      | $1589441.70   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                        | Norfolk Southern Corp.                                                | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      4231 | NS      | $1040022.11   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                    | Ameriprise Financial, Inc.                                            | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3080 | NS      | $1078369.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                         | VICI Properties, Inc.                                                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     60646 | NS      | $2072880.28   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings, Inc.                          | IQVIA Holdings, Inc.                                                  | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      3863 | NS      | $886210.83    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow, Inc.                                     | Dow, Inc.                                                             | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     40226 | NS      | $2387413.10   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                    | Procter & Gamble Co. (The)                                            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     13866 | NS      | $1974241.08   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                        | Truist Financial Corp.                                                | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     28853 | NS      | $1425049.67   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.                | American Financial Group, Inc.                                        | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      5786 | NS      | $825025.74    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                   | Dick's Sporting Goods, Inc.                                           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     16507 | NS      | $2158455.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                                 | Hubbell, Inc.                                                         | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      4709 | NS      | $1077937.19   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                                 | MetLife, Inc.                                                         | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      7985 | NS      | $583064.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos., Inc. (The)                 | Estee Lauder Cos., Inc. (The), Class A                                | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      6764 | NS      | $1874169.12   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co. (The)                       | Western Union Co. (The)                                               | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     62067 | NS      | $879489.39    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.                  | Verizon Communications, Inc.                                          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     52600 | NS      | $2186582.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| National Retail Properties, Inc.              | National Retail Properties, Inc.                                      | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     15145 | NS      | $717115.75    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Co.                                   | Kellogg Co.                                                           | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     28107 | NS      | $1927578.06   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana, Inc.                                  | Humana, Inc.                                                          | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       713 | NS      | $364842.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group, Inc.               | Principal Financial Group, Inc.                                       | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     19077 | NS      | $1765576.35   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen, Inc.                                   | Amgen, Inc.                                                           | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      7186 | NS      | $1813746.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                               | Microsoft Corp.                                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      7898 | NS      | $1957203.38   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics, Inc.                       | Quest Diagnostics, Inc.                                               | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     12890 | NS      | $1913907.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co.                     | Molson Coors Beverage Co., Class B                                    | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     37213 | NS      | $1956659.54   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp.                                   | Alcoa Corp.                                                           | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     30430 | NS      | $1589663.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                         | Bank of America Corp.                                                 | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     39420 | NS      | $1398621.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                  | CF Industries Holdings, Inc.                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     19045 | NS      | $1613111.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                | Public Storage                                                        | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      6797 | NS      | $2068598.98   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                          | Bank of Hawaii Corp.                                                  | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |      3702 | NS      | $283165.98    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                  | Evergy, Inc.                                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     34628 | NS      | $2169444.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                | Prologis, Inc.                                                        | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     17453 | NS      | $2256323.84   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems, Inc.                | FactSet Research Systems, Inc.                                        | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       585 | NS      | $247419.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                          | Kimberly-Clark Corp.                                                  | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     15117 | NS      | $1965361.17   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                    | NIKE, Inc., Class B                                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      4680 | NS      | $595904.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                          | Emerson Electric Co.                                                  | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      7662 | NS      | $691265.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier, Inc.                                | Rayonier, Inc.                                                        | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |      9486 | NS      | $345195.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining, Inc.                              | SSR Mining, Inc.                                                      | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |      6514 | NS      | $110347.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International, Inc.                 | Honeywell International, Inc.                                         | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5087 | NS      | $1060537.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT, Inc.                                     | ITT, Inc.                                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      9874 | NS      | $904359.66    | 0.17%             |  |  |  | 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        |    438175 | NS      | $438175.47    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings, Inc.                        | OneMain Holdings, Inc.                                                | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     12313 | NS      | $531182.82    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                   | Pinnacle West Capital Corp.                                           | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     26180 | NS      | $1951719.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS plc                                    | STERIS plc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      7091 | NS      | $1464362.41   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                          | HCA Healthcare, Inc.                                                  | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      7994 | NS      | $2039029.58   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                    | Unum Group                                                            | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     39344 | NS      | $1653628.32   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp.                          | Alliant Energy Corp.                                                  | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     26348 | NS      | $1423582.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                         | Elevance Health, Inc.                                                 | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      3860 | NS      | $1929961.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp.                                   | Masco Corp.                                                           | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     25228 | NS      | $1342129.60   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                            | State Street Corp.                                                    | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     23691 | NS      | $2163699.03   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                  | Mondelez International, Inc., Class A                                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     30396 | NS      | $1989114.24   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                  | AbbVie, Inc.                                                          | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     12812 | NS      | $1892973.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Steel Corp.                     | United States Steel Corp.                                             | CUSIP: 912909108<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | EC               | CORP              | US        |     78001 | NS      | $2222248.49   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                           | Union Pacific Corp.                                                   | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      6855 | NS      | $1399722.45   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group, Inc.                        | WEC Energy Group, Inc.                                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     20681 | NS      | $1943807.19   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                      | Marathon Petroleum Corp.                                              | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      6559 | NS      | $842962.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR, Inc.                                  | PACCAR, Inc.                                                          | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      2161 | NS      | $236218.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                              | Baker Hughes Co.                                                      | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59098 | NS      | $1875770.52   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.               | Regeneron Pharmaceuticals, Inc.                                       | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      2574 | NS      | $1952301.78   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                  | NetApp, Inc.                                                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     19698 | NS      | $1304598.54   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                                 | Sempra Energy                                                         | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     12338 | NS      | $1978151.54   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                            | Tractor Supply Co.                                                    | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      8759 | NS      | $1996964.41   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings, Inc.           | Allison Transmission Holdings, Inc.                                   | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     12032 | NS      | $542402.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                 | IDACORP, Inc.                                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     14915 | NS      | $1578156.15   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                             | Hershey Co. (The)                                                     | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      8836 | NS      | $1984565.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                           | EOG Resources, Inc.                                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     14476 | NS      | $1914451.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                         | Gilead Sciences, Inc.                                                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     23409 | NS      | $1964951.46   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                             | Duke Energy Corp.                                                     | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     18722 | NS      | $1918068.90   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | S&P 500 E-Mini Index                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $10622.87     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                      | UnitedHealth Group, Inc.                                              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3796 | NS      | $1894925.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                | Thermo Fisher Scientific, Inc.                                        | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      3498 | NS      | $1995014.34   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International, Inc.                      | CACI International, Inc., Class A                                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1716 | NS      | $528682.44    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                     | O'Reilly Automotive, Inc.                                             | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2369 | NS      | $1877077.15   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Avangrid, Inc.                                | Avangrid, Inc.                                                        | CUSIP: 05351W103<br>LEI: 549300OX0Q38NLSKPB49 | Long             | EC               | CORP              | US        |     24182 | NS      | $1019754.94   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                         | Parker-Hannifin Corp.                                                 | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3521 | NS      | $1147846.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                     | Illinois Tool Works, Inc.                                             | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      7739 | NS      | $1826713.56   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                            | Cirrus Logic, Inc.                                                    | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |       546 | NS      | $49352.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac, Inc.                                   | Aflac, Inc.                                                           | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     21713 | NS      | $1595905.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                         | Leidos Holdings, Inc.                                                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      2275 | NS      | $224861.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                            | DT Midstream, Inc.                                                    | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6867 | NS      | $375350.22    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                  | Charter Communications, Inc., Class A                                 | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      3936 | NS      | $1512644.16   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                                 | Accenture plc, Class A                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      6194 | NS      | $1728435.70   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                         | Targa Resources Corp.                                                 | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     27574 | NS      | $2068601.48   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                              | PulteGroup, Inc.                                                      | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1368 | NS      | $77825.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt, Inc.                         | Leggett & Platt, Inc.                                                 | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |     16592 | NS      | $606603.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                              | CVS Health Corp.                                                      | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     20383 | NS      | $1798188.26   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita, Inc.                                  | DaVita, Inc.                                                          | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     14240 | NS      | $1173233.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co.                 | Pioneer Natural Resources Co.                                         | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      7660 | NS      | $1764481.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts, Inc.                         | Electronic Arts, Inc.                                                 | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      6533 | NS      | $840666.44    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                 | Entergy Corp.                                                         | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     17635 | NS      | $1909517.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                     | FMC Corp.                                                             | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      8424 | NS      | $1121487.12   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE Capital Corp.                           | STORE Capital Corp.                                                   | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               | CORP              | US        |     21082 | NS      | $679051.22    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                            | Lam Research Corp.                                                    | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      3554 | NS      | $1777355.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations, Inc.              | Fortune Brands Innovations, Inc.                                      | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      8461 | NS      | $545819.11    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                              | NRG Energy, Inc.                                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     48811 | NS      | $1670312.42   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                              | Mosaic Co. (The)                                                      | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     39967 | NS      | $1979965.18   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                          | American Tower Corp.                                                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      4841 | NS      | $1081430.99   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp.                       | AmerisourceBergen Corp.                                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     12020 | NS      | $2030899.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co.                                | Ford Motor Co.                                                        | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    116850 | NS      | $1578643.50   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                         | Lockheed Martin Corp.                                                 | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      4239 | NS      | $1963759.14   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy, Inc.                      | CenterPoint Energy, Inc.                                              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     65906 | NS      | $1985088.72   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                | Citizens Financial Group, Inc.                                        | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      8870 | NS      | $384248.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                          | Eastman Chemical Co.                                                  | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     17066 | NS      | $1504709.22   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                  | Brixmor Property Group, Inc.                                          | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     57051 | NS      | $1342410.03   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One, Inc.                               | Cable One, Inc.                                                       | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      1686 | NS      | $1331737.68   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                    | Packaging Corp. of America                                            | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      8015 | NS      | $1143740.50   | 0.22%             |  |  |  | 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        |    117891 | NS      | $117890.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.             | Booz Allen Hamilton Holding Corp.                                     | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     12664 | NS      | $1198520.96   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                       | Texas Instruments, Inc.                                               | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     10950 | NS      | $1940449.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                           | Iron Mountain, Inc.                                                   | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     38027 | NS      | $2075513.66   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna, Inc.                                 | Moderna, Inc.                                                         | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      7809 | NS      | $1374852.54   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                     | Extra Space Storage, Inc.                                             | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9914 | NS      | $1564726.62   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd.                                   | Garmin Ltd.                                                           | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |     12324 | NS      | $1218597.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                         | National Fuel Gas Co.                                                 | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     27645 | NS      | $1605068.70   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                         | Lamar Advertising Co., Class A                                        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |     20475 | NS      | $2181406.50   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block, Inc.                               | H&R Block, Inc.                                                       | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     46908 | NS      | $1828473.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp.                                     | CSX Corp.                                                             | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     22411 | NS      | $692948.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp. International                   | Service Corp. International                                           | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |     12803 | NS      | $949342.45    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group, Inc.               | Jefferies Financial Group, Inc.                                       | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     23836 | NS      | $936278.08    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis, Inc.                                  | Zoetis, Inc.                                                          | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      9735 | NS      | $1611045.15   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp.                               | A O Smith Corp.                                                       | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     26114 | NS      | $1767917.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial, Inc.                         | Virtu Financial, Inc., Class A                                        | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     51770 | NS      | $999678.70    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand, Inc.                             | Masterbrand, Inc.                                                     | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     10355 | NS      | $95266.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                            | Best Buy Co., Inc.                                                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     15559 | NS      | $1380394.48   | 0.27%             |  |  |  | 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