# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-001894
**Filing Date:** 2025-9
**Character Count:** 198241
**Document Hash:** aeea95e8c5faab212a0dd3b3c8874b8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001894.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0002071691-25-001894

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 251341908

**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. Mid Cap Equity ETF (Series ID: S000053745)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000168940 | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME            |

## Nport-Ex

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**Schedule of Portfolio Investments as of July 31, 2025**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS" <br> LIST ("the List") IS TO BE USED FOR REPORTING PURPOSES <br> ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS <br> ADVERTISING OR SALES LITERATURE WITH THE GENERAL <br> PUBLIC. The list is submitted for the general information of the <br> shareholders of the Fund. It is not authorized for distribution to <br> prospective investors in the Fund unless preceded or accompanied by a <br> prospectus. The list has been created from the books and records of <br> the Fund. Holdings are available 60 days after the fund's fiscal quarter, <br> using a trade date accounting convention, by contacting the appropriate <br> service center. The list is subject to change without notice. The list is <br> for informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2025. |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — 99.8%** | **Common Stocks — 99.8%** | **Common Stocks — 99.8%** |
| **Aerospace & Defense — 0.1%** | **Aerospace & Defense — 0.1%** | **Aerospace & Defense — 0.1%** |
| &nbsp;&nbsp;&nbsp; Textron, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4655 | &nbsp;&nbsp;&nbsp;&nbsp; 362019 |
| **Automobiles & Parts — 0.7%** | **Automobiles & Parts — 0.7%** | **Automobiles & Parts — 0.7%** |
| &nbsp;&nbsp;&nbsp; BorgWarner, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14459 | &nbsp;&nbsp;&nbsp;&nbsp; 532091 |
| &nbsp;&nbsp;&nbsp; Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 34760 | &nbsp;&nbsp;&nbsp;&nbsp; 918359 |
| &nbsp;&nbsp;&nbsp; Valvoline, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32108 | &nbsp;&nbsp;&nbsp;&nbsp; 1131807 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2582257 |
| **Banks — 2.5%** | **Banks — 2.5%** | **Banks — 2.5%** |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9726 | &nbsp;&nbsp;&nbsp;&nbsp; 464125 |
| &nbsp;&nbsp;&nbsp; Comerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4467 | &nbsp;&nbsp;&nbsp;&nbsp; 301835 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 16179 | &nbsp;&nbsp;&nbsp;&nbsp; 672561 |
| &nbsp;&nbsp;&nbsp; First Citizens BancShares, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 757 | &nbsp;&nbsp;&nbsp;&nbsp; 1510033 |
| &nbsp;&nbsp;&nbsp; FNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18279 | &nbsp;&nbsp;&nbsp;&nbsp; 280034 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 90630 | &nbsp;&nbsp;&nbsp;&nbsp; 1489051 |
| &nbsp;&nbsp;&nbsp; KeyCorp | &nbsp;&nbsp;&nbsp;&nbsp; 20777 | &nbsp;&nbsp;&nbsp;&nbsp; 372324 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6095 | &nbsp;&nbsp;&nbsp;&nbsp; 1150126 |
| &nbsp;&nbsp;&nbsp; Popular, Inc. (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 12152 | &nbsp;&nbsp;&nbsp;&nbsp; 1392376 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3225 | &nbsp;&nbsp;&nbsp;&nbsp; 214850 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25845 | &nbsp;&nbsp;&nbsp;&nbsp; 654654 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA | &nbsp;&nbsp;&nbsp;&nbsp; 6353 | &nbsp;&nbsp;&nbsp;&nbsp; 340648 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8842617 |
| **Beverages — 1.5%** | **Beverages — 1.5%** | **Beverages — 1.5%** |
| &nbsp;&nbsp;&nbsp; Boston Beer Co., Inc. (The), Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 5079 | &nbsp;&nbsp;&nbsp;&nbsp; 1051759 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 32307 | &nbsp;&nbsp;&nbsp;&nbsp; 932057 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11334 | &nbsp;&nbsp;&nbsp;&nbsp; 1266574 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 24379 | &nbsp;&nbsp;&nbsp;&nbsp; 1187745 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 35742 | &nbsp;&nbsp;&nbsp;&nbsp; 986837 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5424972 |
| **Chemicals — 3.9%** | **Chemicals — 3.9%** | **Chemicals — 3.9%** |
| &nbsp;&nbsp;&nbsp; Ashland, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5967 | &nbsp;&nbsp;&nbsp;&nbsp; 307659 |
| &nbsp;&nbsp;&nbsp; Celanese Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10747 | &nbsp;&nbsp;&nbsp;&nbsp; 561316 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14089 | &nbsp;&nbsp;&nbsp;&nbsp; 1307882 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co. | &nbsp;&nbsp;&nbsp;&nbsp; 14811 | &nbsp;&nbsp;&nbsp;&nbsp; 1075427 |
| &nbsp;&nbsp;&nbsp; Element Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 58087 | &nbsp;&nbsp;&nbsp;&nbsp; 1370853 |
| &nbsp;&nbsp;&nbsp; FMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 33509 | &nbsp;&nbsp;&nbsp;&nbsp; 1308191 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 40571 | &nbsp;&nbsp;&nbsp;&nbsp; 393539 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17331 | &nbsp;&nbsp;&nbsp;&nbsp; 1231021 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 14157 | &nbsp;&nbsp;&nbsp;&nbsp; 820115 |
| &nbsp;&nbsp;&nbsp; Mosaic Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 39325 | &nbsp;&nbsp;&nbsp;&nbsp; 1416093 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2081 | &nbsp;&nbsp;&nbsp;&nbsp; 1429647 |
| &nbsp;&nbsp;&nbsp; Olin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26465 | &nbsp;&nbsp;&nbsp;&nbsp; 501247 |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 22207 | &nbsp;&nbsp;&nbsp;&nbsp; 1391491 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8555 | &nbsp;&nbsp;&nbsp;&nbsp; 678411 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13792892 |
| **Construction & Materials — 3.2%** | **Construction & Materials — 3.2%** | **Construction & Materials — 3.2%** |
| &nbsp;&nbsp;&nbsp; A O Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 13980 | &nbsp;&nbsp;&nbsp;&nbsp; 989644 |
| &nbsp;&nbsp;&nbsp; Acuity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1041 | &nbsp;&nbsp;&nbsp;&nbsp; 324115 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Construction & Materials — continued** | **Construction & Materials — continued** | **Construction & Materials — continued** |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7251 | &nbsp;&nbsp;&nbsp;&nbsp; 921820 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3663 | &nbsp;&nbsp;&nbsp;&nbsp; 1299303 |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2751 | &nbsp;&nbsp;&nbsp;&nbsp; 617022 |
| &nbsp;&nbsp;&nbsp; EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2941 | &nbsp;&nbsp;&nbsp;&nbsp; 1845448 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14390 | &nbsp;&nbsp;&nbsp;&nbsp; 784831 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9528 | &nbsp;&nbsp;&nbsp;&nbsp; 861426 |
| &nbsp;&nbsp;&nbsp; Masco Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14400 | &nbsp;&nbsp;&nbsp;&nbsp; 981072 |
| &nbsp;&nbsp;&nbsp; Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp; 7877 | &nbsp;&nbsp;&nbsp;&nbsp; 1098290 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3929 | &nbsp;&nbsp;&nbsp;&nbsp; 1595685 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11318656 |
| **Consumer Services — 0.5%** | **Consumer Services — 0.5%** | **Consumer Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; H&R Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20908 | &nbsp;&nbsp;&nbsp;&nbsp; 1136141 |
| &nbsp;&nbsp;&nbsp; Service Corp. International | &nbsp;&nbsp;&nbsp;&nbsp; 6563 | &nbsp;&nbsp;&nbsp;&nbsp; 500822 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1636963 |
| **Electricity — 8.0%** | **Electricity — 8.0%** | **Electricity — 8.0%** |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 23034 | &nbsp;&nbsp;&nbsp;&nbsp; 1497440 |
| &nbsp;&nbsp;&nbsp; Brookfield Renewable Corp. (Canada) | &nbsp;&nbsp;&nbsp;&nbsp; 34315 | &nbsp;&nbsp;&nbsp;&nbsp; 1256959 |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp; 40834 | &nbsp;&nbsp;&nbsp;&nbsp; 1332414 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19413 | &nbsp;&nbsp;&nbsp;&nbsp; 1432679 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13548 | &nbsp;&nbsp;&nbsp;&nbsp; 1402218 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp;&nbsp;&nbsp; 10412 | &nbsp;&nbsp;&nbsp;&nbsp; 1441125 |
| &nbsp;&nbsp;&nbsp; Edison International | &nbsp;&nbsp;&nbsp;&nbsp; 18432 | &nbsp;&nbsp;&nbsp;&nbsp; 960676 |
| &nbsp;&nbsp;&nbsp; Entergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17152 | &nbsp;&nbsp;&nbsp;&nbsp; 1551055 |
| &nbsp;&nbsp;&nbsp; Evergy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20694 | &nbsp;&nbsp;&nbsp;&nbsp; 1465135 |
| &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 32728 | &nbsp;&nbsp;&nbsp;&nbsp; 1470796 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 33506 | &nbsp;&nbsp;&nbsp;&nbsp; 1431041 |
| &nbsp;&nbsp;&nbsp; IDACORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10539 | &nbsp;&nbsp;&nbsp;&nbsp; 1320853 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9255 | &nbsp;&nbsp;&nbsp;&nbsp; 1547436 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 31755 | &nbsp;&nbsp;&nbsp;&nbsp; 1442312 |
| &nbsp;&nbsp;&nbsp; PG&E Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 90321 | &nbsp;&nbsp;&nbsp;&nbsp; 1266300 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15638 | &nbsp;&nbsp;&nbsp;&nbsp; 1417116 |
| &nbsp;&nbsp;&nbsp; PPL Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 41594 | &nbsp;&nbsp;&nbsp;&nbsp; 1484490 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17253 | &nbsp;&nbsp;&nbsp;&nbsp; 1549147 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 817 | &nbsp;&nbsp;&nbsp;&nbsp; 308475 |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8098 | &nbsp;&nbsp;&nbsp;&nbsp; 1688757 |
| &nbsp;&nbsp;&nbsp; Xcel Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20872 | &nbsp;&nbsp;&nbsp;&nbsp; 1532840 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 28799264 |
| **Electronic & Electrical Equipment — 1.2%** | **Electronic & Electrical Equipment — 1.2%** | **Electronic & Electrical Equipment — 1.2%** |
| &nbsp;&nbsp;&nbsp; AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7700 | &nbsp;&nbsp;&nbsp;&nbsp; 1423345 |
| &nbsp;&nbsp;&nbsp; Crane Co. | &nbsp;&nbsp;&nbsp;&nbsp; 1196 | &nbsp;&nbsp;&nbsp;&nbsp; 234141 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co. | &nbsp;&nbsp;&nbsp;&nbsp; 6611 | &nbsp;&nbsp;&nbsp;&nbsp; 392297 |
| &nbsp;&nbsp;&nbsp; Hubbell, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3460 | &nbsp;&nbsp;&nbsp;&nbsp; 1513681 |
| &nbsp;&nbsp;&nbsp; IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 770 | &nbsp;&nbsp;&nbsp;&nbsp; 125902 |
| &nbsp;&nbsp;&nbsp; nVent Electric plc | &nbsp;&nbsp;&nbsp;&nbsp; 9783 | &nbsp;&nbsp;&nbsp;&nbsp; 767183 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4456549 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Finance & Credit Services — 1.1%** | **Finance & Credit Services — 1.1%** | **Finance & Credit Services — 1.1%** |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 52385 | &nbsp;&nbsp;&nbsp;&nbsp; 1356771 |
| &nbsp;&nbsp;&nbsp; OneMain Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27088 | &nbsp;&nbsp;&nbsp;&nbsp; 1565416 |
| &nbsp;&nbsp;&nbsp; SLM Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 28531 | &nbsp;&nbsp;&nbsp;&nbsp; 907286 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3829473 |
| **Food Producers — 6.5%** | **Food Producers — 6.5%** | **Food Producers — 6.5%** |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | &nbsp;&nbsp;&nbsp;&nbsp; 20130 | &nbsp;&nbsp;&nbsp;&nbsp; 1090643 |
| &nbsp;&nbsp;&nbsp; BellRing Brands, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20683 | &nbsp;&nbsp;&nbsp;&nbsp; 1128878 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA | &nbsp;&nbsp;&nbsp;&nbsp; 13890 | &nbsp;&nbsp;&nbsp;&nbsp; 1107866 |
| &nbsp;&nbsp;&nbsp; Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49143 | &nbsp;&nbsp;&nbsp;&nbsp; 897351 |
| &nbsp;&nbsp;&nbsp; Corteva, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19430 | &nbsp;&nbsp;&nbsp;&nbsp; 1401486 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29392 | &nbsp;&nbsp;&nbsp;&nbsp; 951713 |
| &nbsp;&nbsp;&nbsp; Flowers Foods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 66263 | &nbsp;&nbsp;&nbsp;&nbsp; 1050269 |
| &nbsp;&nbsp;&nbsp; General Mills, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22344 | &nbsp;&nbsp;&nbsp;&nbsp; 1094409 |
| &nbsp;&nbsp;&nbsp; Hershey Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 6256 | &nbsp;&nbsp;&nbsp;&nbsp; 1164429 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 35701 | &nbsp;&nbsp;&nbsp;&nbsp; 1002841 |
| &nbsp;&nbsp;&nbsp; Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10177 | &nbsp;&nbsp;&nbsp;&nbsp; 1338683 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 11041 | &nbsp;&nbsp;&nbsp;&nbsp; 1185141 |
| &nbsp;&nbsp;&nbsp; Kellanova | &nbsp;&nbsp;&nbsp;&nbsp; 17619 | &nbsp;&nbsp;&nbsp;&nbsp; 1406525 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 40550 | &nbsp;&nbsp;&nbsp;&nbsp; 1113503 |
| &nbsp;&nbsp;&nbsp; McCormick & Co., Inc. (Non-Voting) | &nbsp;&nbsp;&nbsp;&nbsp; 14311 | &nbsp;&nbsp;&nbsp;&nbsp; 1010786 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27716 | &nbsp;&nbsp;&nbsp;&nbsp; 1313461 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11975 | &nbsp;&nbsp;&nbsp;&nbsp; 1267075 |
| &nbsp;&nbsp;&nbsp; The Campbell's Co. | &nbsp;&nbsp;&nbsp;&nbsp; 32284 | &nbsp;&nbsp;&nbsp;&nbsp; 1030505 |
| &nbsp;&nbsp;&nbsp; Tyson Foods, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 23758 | &nbsp;&nbsp;&nbsp;&nbsp; 1242544 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18640 | &nbsp;&nbsp;&nbsp;&nbsp; 1553271 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 23351379 |
| **Gas, Water & Multi-utilities — 2.5%** | **Gas, Water & Multi-utilities — 2.5%** | **Gas, Water & Multi-utilities — 2.5%** |
| &nbsp;&nbsp;&nbsp; Ameren Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5338 | &nbsp;&nbsp;&nbsp;&nbsp; 539832 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9199 | &nbsp;&nbsp;&nbsp;&nbsp; 1434308 |
| &nbsp;&nbsp;&nbsp; MDU Resources Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64687 | &nbsp;&nbsp;&nbsp;&nbsp; 1115851 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp; 16720 | &nbsp;&nbsp;&nbsp;&nbsp; 1451129 |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35607 | &nbsp;&nbsp;&nbsp;&nbsp; 1511517 |
| &nbsp;&nbsp;&nbsp; UGI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 38875 | &nbsp;&nbsp;&nbsp;&nbsp; 1406497 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13444 | &nbsp;&nbsp;&nbsp;&nbsp; 1466472 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8925606 |
| **General Industrials — 1.2%** | **General Industrials — 1.2%** | **General Industrials — 1.2%** |
| &nbsp;&nbsp;&nbsp; AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 243 | &nbsp;&nbsp;&nbsp;&nbsp; 38185 |
| &nbsp;&nbsp;&nbsp; ITT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4128 | &nbsp;&nbsp;&nbsp;&nbsp; 701595 |
| &nbsp;&nbsp;&nbsp; Packaging Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp; 6502 | &nbsp;&nbsp;&nbsp;&nbsp; 1259763 |
| &nbsp;&nbsp;&nbsp; RPM International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11616 | &nbsp;&nbsp;&nbsp;&nbsp; 1363835 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7174 | &nbsp;&nbsp;&nbsp;&nbsp; 333806 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co. | &nbsp;&nbsp;&nbsp;&nbsp; 1364 | &nbsp;&nbsp;&nbsp;&nbsp; 61475 |
| &nbsp;&nbsp;&nbsp; Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1313 | &nbsp;&nbsp;&nbsp;&nbsp; 477866 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4236525 |
| **Health Care Providers — 2.9%** | **Health Care Providers — 2.9%** | **Health Care Providers — 2.9%** |
| &nbsp;&nbsp;&nbsp; Amedisys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4255 | &nbsp;&nbsp;&nbsp;&nbsp; 419543 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Health Care Providers — continued** | **Health Care Providers — continued** | **Health Care Providers — continued** |
| &nbsp;&nbsp;&nbsp; Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2284 | &nbsp;&nbsp;&nbsp;&nbsp; 941693 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9624 | &nbsp;&nbsp;&nbsp;&nbsp; 1350921 |
| &nbsp;&nbsp;&nbsp; Doximity, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 20626 | &nbsp;&nbsp;&nbsp;&nbsp; 1211777 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11638 | &nbsp;&nbsp;&nbsp;&nbsp; 1281460 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4446 | &nbsp;&nbsp;&nbsp;&nbsp; 826334 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3263 | &nbsp;&nbsp;&nbsp;&nbsp; 515130 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8556 | &nbsp;&nbsp;&nbsp;&nbsp; 1379912 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 8261 | &nbsp;&nbsp;&nbsp;&nbsp; 1375043 |
| &nbsp;&nbsp;&nbsp; Veeva Systems, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 3751 | &nbsp;&nbsp;&nbsp;&nbsp; 1066034 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10367847 |
| **Household Goods & Home Construction — 1.5%** | **Household Goods & Home Construction — 1.5%** | **Household Goods & Home Construction — 1.5%** |
| &nbsp;&nbsp;&nbsp; DR Horton, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7224 | &nbsp;&nbsp;&nbsp;&nbsp; 1031876 |
| &nbsp;&nbsp;&nbsp; Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 7666 | &nbsp;&nbsp;&nbsp;&nbsp; 859972 |
| &nbsp;&nbsp;&nbsp; NVR, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 144 | &nbsp;&nbsp;&nbsp;&nbsp; 1087126 |
| &nbsp;&nbsp;&nbsp; PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10326 | &nbsp;&nbsp;&nbsp;&nbsp; 1166012 |
| &nbsp;&nbsp;&nbsp; Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9585 | &nbsp;&nbsp;&nbsp;&nbsp; 1134481 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5279467 |
| **Industrial Engineering — 1.5%** | **Industrial Engineering — 1.5%** | **Industrial Engineering — 1.5%** |
| &nbsp;&nbsp;&nbsp; Cummins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4206 | &nbsp;&nbsp;&nbsp;&nbsp; 1546210 |
| &nbsp;&nbsp;&nbsp; Graco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14569 | &nbsp;&nbsp;&nbsp;&nbsp; 1223504 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5370 | &nbsp;&nbsp;&nbsp;&nbsp; 1307595 |
| &nbsp;&nbsp;&nbsp; Snap-on, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4305 | &nbsp;&nbsp;&nbsp;&nbsp; 1382723 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5460032 |
| **Industrial Materials — 0.9%** | **Industrial Materials — 0.9%** | **Industrial Materials — 0.9%** |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5925 | &nbsp;&nbsp;&nbsp;&nbsp; 994037 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 12854 | &nbsp;&nbsp;&nbsp;&nbsp; 770083 |
| &nbsp;&nbsp;&nbsp; International Paper Co. | &nbsp;&nbsp;&nbsp;&nbsp; 28386 | &nbsp;&nbsp;&nbsp;&nbsp; 1326762 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3090882 |
| **Industrial Metals & Mining — 2.6%** | **Industrial Metals & Mining — 2.6%** | **Industrial Metals & Mining — 2.6%** |
| &nbsp;&nbsp;&nbsp; Alcoa Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 30771 | &nbsp;&nbsp;&nbsp;&nbsp; 922207 |
| &nbsp;&nbsp;&nbsp; Fastenal Co. | &nbsp;&nbsp;&nbsp;&nbsp; 33388 | &nbsp;&nbsp;&nbsp;&nbsp; 1540188 |
| &nbsp;&nbsp;&nbsp; Mueller Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5794 | &nbsp;&nbsp;&nbsp;&nbsp; 494634 |
| &nbsp;&nbsp;&nbsp; Nucor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7795 | &nbsp;&nbsp;&nbsp;&nbsp; 1115231 |
| &nbsp;&nbsp;&nbsp; RBC Bearings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3736 | &nbsp;&nbsp;&nbsp;&nbsp; 1447102 |
| &nbsp;&nbsp;&nbsp; Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4536 | &nbsp;&nbsp;&nbsp;&nbsp; 1316030 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10494 | &nbsp;&nbsp;&nbsp;&nbsp; 1338614 |
| &nbsp;&nbsp;&nbsp; Timken Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 17130 | &nbsp;&nbsp;&nbsp;&nbsp; 1303422 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9477428 |
| **Industrial Support Services — 2.2%** | **Industrial Support Services — 2.2%** | **Industrial Support Services — 2.2%** |
| &nbsp;&nbsp;&nbsp; ADT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12211 | &nbsp;&nbsp;&nbsp;&nbsp; 101962 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3213 | &nbsp;&nbsp;&nbsp;&nbsp; 344851 |
| &nbsp;&nbsp;&nbsp; Core & Main, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 25048 | &nbsp;&nbsp;&nbsp;&nbsp; 1594055 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 8718 | &nbsp;&nbsp;&nbsp;&nbsp; 384028 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 13937 | &nbsp;&nbsp;&nbsp;&nbsp; 1207223 |
| &nbsp;&nbsp;&nbsp; Paychex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7083 | &nbsp;&nbsp;&nbsp;&nbsp; 1022289 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Industrial Support Services — continued** | **Industrial Support Services — continued** | **Industrial Support Services — continued** |
| &nbsp;&nbsp;&nbsp; Synchrony Financial | &nbsp;&nbsp;&nbsp;&nbsp; 23484 | &nbsp;&nbsp;&nbsp;&nbsp; 1636130 |
| &nbsp;&nbsp;&nbsp; Western Union Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 12533 | &nbsp;&nbsp;&nbsp;&nbsp; 100891 |
| &nbsp;&nbsp;&nbsp; WW Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1323 | &nbsp;&nbsp;&nbsp;&nbsp; 1375311 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7766740 |
| **Industrial Transportation — 0.9%** | **Industrial Transportation — 0.9%** | **Industrial Transportation — 0.9%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13785 | &nbsp;&nbsp;&nbsp;&nbsp; 1241615 |
| &nbsp;&nbsp;&nbsp; Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5803 | &nbsp;&nbsp;&nbsp;&nbsp; 773946 |
| &nbsp;&nbsp;&nbsp; Ryder System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6661 | &nbsp;&nbsp;&nbsp;&nbsp; 1183726 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3199287 |
| **Investment Banking & Brokerage Services — 1.5%** | **Investment Banking & Brokerage Services — 1.5%** | **Investment Banking & Brokerage Services — 1.5%** |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2805 | &nbsp;&nbsp;&nbsp;&nbsp; 1453523 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 11948 | &nbsp;&nbsp;&nbsp;&nbsp; 1212124 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20914 | &nbsp;&nbsp;&nbsp;&nbsp; 1205901 |
| &nbsp;&nbsp;&nbsp; Principal Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2502 | &nbsp;&nbsp;&nbsp;&nbsp; 194731 |
| &nbsp;&nbsp;&nbsp; State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8472 | &nbsp;&nbsp;&nbsp;&nbsp; 946746 |
| &nbsp;&nbsp;&nbsp; Virtu Financial, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 4505 | &nbsp;&nbsp;&nbsp;&nbsp; 198851 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5211876 |
| **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** | **Leisure Goods — 0.6%** |
| &nbsp;&nbsp;&nbsp; Garmin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6562 | &nbsp;&nbsp;&nbsp;&nbsp; 1435503 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2237 | &nbsp;&nbsp;&nbsp;&nbsp; 54426 |
| &nbsp;&nbsp;&nbsp; Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1287 | &nbsp;&nbsp;&nbsp;&nbsp; 396576 |
| &nbsp;&nbsp;&nbsp; Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5026 | &nbsp;&nbsp;&nbsp;&nbsp; 457316 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2343821 |
| **Life Insurance — 0.6%** | **Life Insurance — 0.6%** | **Life Insurance — 0.6%** |
| &nbsp;&nbsp;&nbsp; Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3002 | &nbsp;&nbsp;&nbsp;&nbsp; 797421 |
| &nbsp;&nbsp;&nbsp; Unum Group | &nbsp;&nbsp;&nbsp;&nbsp; 17933 | &nbsp;&nbsp;&nbsp;&nbsp; 1287769 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2085190 |
| **Media — 1.0%** | **Media — 1.0%** | **Media — 1.0%** |
| &nbsp;&nbsp;&nbsp; Fox Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 19706 | &nbsp;&nbsp;&nbsp;&nbsp; 1098806 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 3331 | &nbsp;&nbsp;&nbsp;&nbsp; 81943 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 1153 | &nbsp;&nbsp;&nbsp;&nbsp; 94315 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7533 | &nbsp;&nbsp;&nbsp;&nbsp; 1409500 |
| &nbsp;&nbsp;&nbsp; Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10322 | &nbsp;&nbsp;&nbsp;&nbsp; 743700 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3428264 |
| **Medical Equipment & Services — 4.5%** | **Medical Equipment & Services — 4.5%** | **Medical Equipment & Services — 4.5%** |
| &nbsp;&nbsp;&nbsp; Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7710 | &nbsp;&nbsp;&nbsp;&nbsp; 885185 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2814 | &nbsp;&nbsp;&nbsp;&nbsp; 154010 |
| &nbsp;&nbsp;&nbsp; Cooper Cos., Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 8460 | &nbsp;&nbsp;&nbsp;&nbsp; 598037 |
| &nbsp;&nbsp;&nbsp; Dentsply Sirona, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19093 | &nbsp;&nbsp;&nbsp;&nbsp; 273221 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9594 | &nbsp;&nbsp;&nbsp;&nbsp; 181231 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6516 | &nbsp;&nbsp;&nbsp;&nbsp; 464721 |
| &nbsp;&nbsp;&nbsp; Globus Medical, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 18327 | &nbsp;&nbsp;&nbsp;&nbsp; 964550 |
| &nbsp;&nbsp;&nbsp; Henry Schein, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16177 | &nbsp;&nbsp;&nbsp;&nbsp; 1094374 |
| &nbsp;&nbsp;&nbsp; Hologic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15180 | &nbsp;&nbsp;&nbsp;&nbsp; 1014328 |
| &nbsp;&nbsp;&nbsp; Insulet Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 598 | &nbsp;&nbsp;&nbsp;&nbsp; 172463 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Medical Equipment & Services — continued** | **Medical Equipment & Services — continued** | **Medical Equipment & Services — continued** |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5350 | &nbsp;&nbsp;&nbsp;&nbsp; 1391428 |
| &nbsp;&nbsp;&nbsp; Penumbra, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4134 | &nbsp;&nbsp;&nbsp;&nbsp; 1042884 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV | &nbsp;&nbsp;&nbsp;&nbsp; 22455 | &nbsp;&nbsp;&nbsp;&nbsp; 1107930 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7801 | &nbsp;&nbsp;&nbsp;&nbsp; 1305966 |
| &nbsp;&nbsp;&nbsp; ResMed, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5644 | &nbsp;&nbsp;&nbsp;&nbsp; 1534829 |
| &nbsp;&nbsp;&nbsp; Revvity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10982 | &nbsp;&nbsp;&nbsp;&nbsp; 965318 |
| &nbsp;&nbsp;&nbsp; STERIS plc | &nbsp;&nbsp;&nbsp;&nbsp; 5078 | &nbsp;&nbsp;&nbsp;&nbsp; 1150116 |
| &nbsp;&nbsp;&nbsp; Teleflex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1590 | &nbsp;&nbsp;&nbsp;&nbsp; 190005 |
| &nbsp;&nbsp;&nbsp; Waters Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3100 | &nbsp;&nbsp;&nbsp;&nbsp; 895156 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2916 | &nbsp;&nbsp;&nbsp;&nbsp; 697682 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16083434 |
| **Mortgage Real Estate Investment Trusts — 0.6%** | **Mortgage Real Estate Investment Trusts — 0.6%** | **Mortgage Real Estate Investment Trusts — 0.6%** |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4730 | &nbsp;&nbsp;&nbsp;&nbsp; 96161 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 116096 | &nbsp;&nbsp;&nbsp;&nbsp; 1396635 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42250 | &nbsp;&nbsp;&nbsp;&nbsp; 822185 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2314981 |
| **Nonequity Investment Instruments — 0.2%** | **Nonequity Investment Instruments — 0.2%** | **Nonequity Investment Instruments — 0.2%** |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 11481 | &nbsp;&nbsp;&nbsp;&nbsp; 704015 |
| **Non-life Insurance — 2.9%** | **Non-life Insurance — 2.9%** | **Non-life Insurance — 2.9%** |
| &nbsp;&nbsp;&nbsp; American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4872 | &nbsp;&nbsp;&nbsp;&nbsp; 608513 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 4309 | &nbsp;&nbsp;&nbsp;&nbsp; 370833 |
| &nbsp;&nbsp;&nbsp; Assured Guaranty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6799 | &nbsp;&nbsp;&nbsp;&nbsp; 575059 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 11623 | &nbsp;&nbsp;&nbsp;&nbsp; 1090702 |
| &nbsp;&nbsp;&nbsp; Brown & Brown, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6163 | &nbsp;&nbsp;&nbsp;&nbsp; 563113 |
| &nbsp;&nbsp;&nbsp; CNA Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 219 | &nbsp;&nbsp;&nbsp;&nbsp; 9708 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3160 | &nbsp;&nbsp;&nbsp;&nbsp; 1061128 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11021 | &nbsp;&nbsp;&nbsp;&nbsp; 621915 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 11243 | &nbsp;&nbsp;&nbsp;&nbsp; 1398517 |
| &nbsp;&nbsp;&nbsp; Loews Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11431 | &nbsp;&nbsp;&nbsp;&nbsp; 1034963 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 37569 | &nbsp;&nbsp;&nbsp;&nbsp; 1358871 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7146 | &nbsp;&nbsp;&nbsp;&nbsp; 1375248 |
| &nbsp;&nbsp;&nbsp; White Mountains Insurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 178780 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10247350 |
| **Non-Renewable Energy — 6.2%** | **Non-Renewable Energy — 6.2%** | **Non-Renewable Energy — 6.2%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 76975 | &nbsp;&nbsp;&nbsp;&nbsp; 1412491 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33817 | &nbsp;&nbsp;&nbsp;&nbsp; 1181228 |
| &nbsp;&nbsp;&nbsp; APA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 28622 | &nbsp;&nbsp;&nbsp;&nbsp; 552118 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co. | &nbsp;&nbsp;&nbsp;&nbsp; 27124 | &nbsp;&nbsp;&nbsp;&nbsp; 1221936 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5908 | &nbsp;&nbsp;&nbsp;&nbsp; 1393579 |
| &nbsp;&nbsp;&nbsp; Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 47500 | &nbsp;&nbsp;&nbsp;&nbsp; 1158525 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24449 | &nbsp;&nbsp;&nbsp;&nbsp; 812196 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7990 | &nbsp;&nbsp;&nbsp;&nbsp; 1187794 |
| &nbsp;&nbsp;&nbsp; DT Midstream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13237 | &nbsp;&nbsp;&nbsp;&nbsp; 1359837 |
| &nbsp;&nbsp;&nbsp; Expand Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8387 | &nbsp;&nbsp;&nbsp;&nbsp; 878790 |
| &nbsp;&nbsp;&nbsp; Halliburton Co. | &nbsp;&nbsp;&nbsp;&nbsp; 30264 | &nbsp;&nbsp;&nbsp;&nbsp; 677914 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 50937 | &nbsp;&nbsp;&nbsp;&nbsp; 1429292 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Non-Renewable Energy — continued** | **Non-Renewable Energy — continued** | **Non-Renewable Energy — continued** |
| &nbsp;&nbsp;&nbsp; NOV, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35714 | &nbsp;&nbsp;&nbsp;&nbsp; 449282 |
| &nbsp;&nbsp;&nbsp; ONEOK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15111 | &nbsp;&nbsp;&nbsp;&nbsp; 1240764 |
| &nbsp;&nbsp;&nbsp; Ovintiv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23274 | &nbsp;&nbsp;&nbsp;&nbsp; 958423 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 94314 | &nbsp;&nbsp;&nbsp;&nbsp; 1335486 |
| &nbsp;&nbsp;&nbsp; Range Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 32352 | &nbsp;&nbsp;&nbsp;&nbsp; 1187966 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7104 | &nbsp;&nbsp;&nbsp;&nbsp; 1182177 |
| &nbsp;&nbsp;&nbsp; TechnipFMC plc (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 30409 | &nbsp;&nbsp;&nbsp;&nbsp; 1105975 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1027 | &nbsp;&nbsp;&nbsp;&nbsp; 994270 |
| &nbsp;&nbsp;&nbsp; Viper Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11735 | &nbsp;&nbsp;&nbsp;&nbsp; 441940 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22161983 |
| **Personal Care, Drug & Grocery Stores — 4.2%** | **Personal Care, Drug & Grocery Stores — 4.2%** | **Personal Care, Drug & Grocery Stores — 4.2%** |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 66536 | &nbsp;&nbsp;&nbsp;&nbsp; 1278822 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2779 | &nbsp;&nbsp;&nbsp;&nbsp; 1445441 |
| &nbsp;&nbsp;&nbsp; Cencora, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4765 | &nbsp;&nbsp;&nbsp;&nbsp; 1363171 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12810 | &nbsp;&nbsp;&nbsp;&nbsp; 1201194 |
| &nbsp;&nbsp;&nbsp; Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 8596 | &nbsp;&nbsp;&nbsp;&nbsp; 1079314 |
| &nbsp;&nbsp;&nbsp; Kenvue, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 60117 | &nbsp;&nbsp;&nbsp;&nbsp; 1288908 |
| &nbsp;&nbsp;&nbsp; Kroger Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 21521 | &nbsp;&nbsp;&nbsp;&nbsp; 1508622 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16318 | &nbsp;&nbsp;&nbsp;&nbsp; 1638327 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 39208 | &nbsp;&nbsp;&nbsp;&nbsp; 881788 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6700 | &nbsp;&nbsp;&nbsp;&nbsp; 1015318 |
| &nbsp;&nbsp;&nbsp; Sysco Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14246 | &nbsp;&nbsp;&nbsp;&nbsp; 1133982 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 92911 | &nbsp;&nbsp;&nbsp;&nbsp; 1081484 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14916371 |
| **Personal Goods — 0.9%** | **Personal Goods — 0.9%** | **Personal Goods — 0.9%** |
| &nbsp;&nbsp;&nbsp; Crocs, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7899 | &nbsp;&nbsp;&nbsp;&nbsp; 787767 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8634 | &nbsp;&nbsp;&nbsp;&nbsp; 916672 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5402 | &nbsp;&nbsp;&nbsp;&nbsp; 1613848 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3318287 |
| **Pharmaceuticals, Biotechnology & Marijuana Producers — 3.8%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 3.8%** | **Pharmaceuticals, Biotechnology & Marijuana Producers — 3.8%** |
| &nbsp;&nbsp;&nbsp; Biogen, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 931 | &nbsp;&nbsp;&nbsp;&nbsp; 119168 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8719 | &nbsp;&nbsp;&nbsp;&nbsp; 1353363 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42023 | &nbsp;&nbsp;&nbsp;&nbsp; 574875 |
| &nbsp;&nbsp;&nbsp; Exelixis, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33811 | &nbsp;&nbsp;&nbsp;&nbsp; 1224634 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19591 | &nbsp;&nbsp;&nbsp;&nbsp; 1174872 |
| &nbsp;&nbsp;&nbsp; Incyte Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15623 | &nbsp;&nbsp;&nbsp;&nbsp; 1170006 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 10220 | &nbsp;&nbsp;&nbsp;&nbsp; 1171519 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3097 | &nbsp;&nbsp;&nbsp;&nbsp; 1323038 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7533 | &nbsp;&nbsp;&nbsp;&nbsp; 965957 |
| &nbsp;&nbsp;&nbsp; Organon & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 29825 | &nbsp;&nbsp;&nbsp;&nbsp; 289303 |
| &nbsp;&nbsp;&nbsp; Perrigo Co. plc | &nbsp;&nbsp;&nbsp;&nbsp; 16265 | &nbsp;&nbsp;&nbsp;&nbsp; 433788 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 40378 | &nbsp;&nbsp;&nbsp;&nbsp; 1485910 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4965 | &nbsp;&nbsp;&nbsp;&nbsp; 1363885 |
| &nbsp;&nbsp;&nbsp; Viatris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 110358 | &nbsp;&nbsp;&nbsp;&nbsp; 964529 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13614847 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Precious Metals & Mining — 0.6%** | **Precious Metals & Mining — 0.6%** | **Precious Metals & Mining — 0.6%** |
| &nbsp;&nbsp;&nbsp; Anglogold Ashanti plc (United Kingdom) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 20824 | &nbsp;&nbsp;&nbsp;&nbsp; 963110 |
| &nbsp;&nbsp;&nbsp; Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7725 | &nbsp;&nbsp;&nbsp;&nbsp; 1169720 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2132830 |
| **Real Estate Investment & Services — 0.8%** | **Real Estate Investment & Services — 0.8%** | **Real Estate Investment & Services — 0.8%** |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 10288 | &nbsp;&nbsp;&nbsp;&nbsp; 1602253 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5342 | &nbsp;&nbsp;&nbsp;&nbsp; 1444263 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3046516 |
| **Real Estate Investment Trusts — 9.3%** | **Real Estate Investment Trusts — 9.3%** | **Real Estate Investment Trusts — 9.3%** |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28021 | &nbsp;&nbsp;&nbsp;&nbsp; 972049 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6562 | &nbsp;&nbsp;&nbsp;&nbsp; 1222369 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 52090 | &nbsp;&nbsp;&nbsp;&nbsp; 1361112 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust | &nbsp;&nbsp;&nbsp;&nbsp; 9507 | &nbsp;&nbsp;&nbsp;&nbsp; 1038164 |
| &nbsp;&nbsp;&nbsp; Cousins Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 30324 | &nbsp;&nbsp;&nbsp;&nbsp; 821780 |
| &nbsp;&nbsp;&nbsp; CubeSmart | &nbsp;&nbsp;&nbsp;&nbsp; 25940 | &nbsp;&nbsp;&nbsp;&nbsp; 1009325 |
| &nbsp;&nbsp;&nbsp; EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4975 | &nbsp;&nbsp;&nbsp;&nbsp; 812119 |
| &nbsp;&nbsp;&nbsp; EPR Properties | &nbsp;&nbsp;&nbsp;&nbsp; 24866 | &nbsp;&nbsp;&nbsp;&nbsp; 1368625 |
| &nbsp;&nbsp;&nbsp; Equity Residential | &nbsp;&nbsp;&nbsp;&nbsp; 15643 | &nbsp;&nbsp;&nbsp;&nbsp; 988638 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3973 | &nbsp;&nbsp;&nbsp;&nbsp; 1033695 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp; 6263 | &nbsp;&nbsp;&nbsp;&nbsp; 577198 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16560 | &nbsp;&nbsp;&nbsp;&nbsp; 806803 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26979 | &nbsp;&nbsp;&nbsp;&nbsp; 1229703 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33575 | &nbsp;&nbsp;&nbsp;&nbsp; 974011 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65889 | &nbsp;&nbsp;&nbsp;&nbsp; 1035775 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13415 | &nbsp;&nbsp;&nbsp;&nbsp; 1306084 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26722 | &nbsp;&nbsp;&nbsp;&nbsp; 984973 |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 56823 | &nbsp;&nbsp;&nbsp;&nbsp; 1206352 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 11323 | &nbsp;&nbsp;&nbsp;&nbsp; 1384237 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6238 | &nbsp;&nbsp;&nbsp;&nbsp; 888478 |
| &nbsp;&nbsp;&nbsp; Millrose Properties, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 4258 | &nbsp;&nbsp;&nbsp;&nbsp; 127697 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust | &nbsp;&nbsp;&nbsp;&nbsp; 13968 | &nbsp;&nbsp;&nbsp;&nbsp; 411497 |
| &nbsp;&nbsp;&nbsp; NNN REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19189 | &nbsp;&nbsp;&nbsp;&nbsp; 791738 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37702 | &nbsp;&nbsp;&nbsp;&nbsp; 1466608 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 84680 | &nbsp;&nbsp;&nbsp;&nbsp; 902689 |
| &nbsp;&nbsp;&nbsp; Rayonier, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18508 | &nbsp;&nbsp;&nbsp;&nbsp; 431422 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19384 | &nbsp;&nbsp;&nbsp;&nbsp; 1384018 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16026 | &nbsp;&nbsp;&nbsp;&nbsp; 585430 |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8694 | &nbsp;&nbsp;&nbsp;&nbsp; 1423990 |
| &nbsp;&nbsp;&nbsp; STAG Industrial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27962 | &nbsp;&nbsp;&nbsp;&nbsp; 959936 |
| &nbsp;&nbsp;&nbsp; UDR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25444 | &nbsp;&nbsp;&nbsp;&nbsp; 999695 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 39289 | &nbsp;&nbsp;&nbsp;&nbsp; 1280821 |
| &nbsp;&nbsp;&nbsp; WP Carey, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21627 | &nbsp;&nbsp;&nbsp;&nbsp; 1387588 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 33174619 |
| **Retailers — 3.1%** | **Retailers — 3.1%** | **Retailers — 3.1%** |
| &nbsp;&nbsp;&nbsp; AutoNation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7164 | &nbsp;&nbsp;&nbsp;&nbsp; 1380073 |
| &nbsp;&nbsp;&nbsp; Best Buy Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12915 | &nbsp;&nbsp;&nbsp;&nbsp; 840250 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6627 | &nbsp;&nbsp;&nbsp;&nbsp; 1401677 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Retailers — continued** | **Retailers — continued** | **Retailers — continued** |
| &nbsp;&nbsp;&nbsp; Macy's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34861 | &nbsp;&nbsp;&nbsp;&nbsp; 440294 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7678 | &nbsp;&nbsp;&nbsp;&nbsp; 1285374 |
| &nbsp;&nbsp;&nbsp; Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8727 | &nbsp;&nbsp;&nbsp;&nbsp; 1191585 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17806 | &nbsp;&nbsp;&nbsp;&nbsp; 1923582 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co. | &nbsp;&nbsp;&nbsp;&nbsp; 20441 | &nbsp;&nbsp;&nbsp;&nbsp; 1164115 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7945 | &nbsp;&nbsp;&nbsp;&nbsp; 1486112 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11113062 |
| **Software & Computer Services — 4.9%** | **Software & Computer Services — 4.9%** | **Software & Computer Services — 4.9%** |
| &nbsp;&nbsp;&nbsp; Akamai Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4325 | &nbsp;&nbsp;&nbsp;&nbsp; 330041 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 12377 | &nbsp;&nbsp;&nbsp;&nbsp; 1056501 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 2414 | &nbsp;&nbsp;&nbsp;&nbsp; 1111816 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 10694 | &nbsp;&nbsp;&nbsp;&nbsp; 767402 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5330 | &nbsp;&nbsp;&nbsp;&nbsp; 277000 |
| &nbsp;&nbsp;&nbsp; Docusign, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp;&nbsp; 252335 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 10162 | &nbsp;&nbsp;&nbsp;&nbsp; 765605 |
| &nbsp;&nbsp;&nbsp; F5, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4908 | &nbsp;&nbsp;&nbsp;&nbsp; 1538265 |
| &nbsp;&nbsp;&nbsp; Gartner, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2882 | &nbsp;&nbsp;&nbsp;&nbsp; 975989 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 47247 | &nbsp;&nbsp;&nbsp;&nbsp; 1393314 |
| &nbsp;&nbsp;&nbsp; GoDaddy, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 7979 | &nbsp;&nbsp;&nbsp;&nbsp; 1289247 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | &nbsp;&nbsp;&nbsp;&nbsp; 79610 | &nbsp;&nbsp;&nbsp;&nbsp; 1647131 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8389 | &nbsp;&nbsp;&nbsp;&nbsp; 1339304 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 834 | &nbsp;&nbsp;&nbsp;&nbsp; 183197 |
| &nbsp;&nbsp;&nbsp; Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 597 | &nbsp;&nbsp;&nbsp;&nbsp; 138229 |
| &nbsp;&nbsp;&nbsp; Pegasystems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14620 | &nbsp;&nbsp;&nbsp;&nbsp; 858340 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8273 | &nbsp;&nbsp;&nbsp;&nbsp; 922274 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16917 | &nbsp;&nbsp;&nbsp;&nbsp; 1446065 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2388 | &nbsp;&nbsp;&nbsp;&nbsp; 1395929 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17687984 |
| **Technology Hardware & Equipment — 3.6%** | **Technology Hardware & Equipment — 3.6%** | **Technology Hardware & Equipment — 3.6%** |
| &nbsp;&nbsp;&nbsp; Avnet, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18174 | &nbsp;&nbsp;&nbsp;&nbsp; 962131 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9982 | &nbsp;&nbsp;&nbsp;&nbsp; 1005287 |
| &nbsp;&nbsp;&nbsp; Corning, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14787 | &nbsp;&nbsp;&nbsp;&nbsp; 935130 |
| &nbsp;&nbsp;&nbsp; HP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31765 | &nbsp;&nbsp;&nbsp;&nbsp; 787772 |
| &nbsp;&nbsp;&nbsp; Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7986 | &nbsp;&nbsp;&nbsp;&nbsp; 1782236 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11739 | &nbsp;&nbsp;&nbsp;&nbsp; 793439 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1653 | &nbsp;&nbsp;&nbsp;&nbsp; 1175680 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10352 | &nbsp;&nbsp;&nbsp;&nbsp; 1077954 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12117 | &nbsp;&nbsp;&nbsp;&nbsp; 682914 |
| &nbsp;&nbsp;&nbsp; Qorvo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6131 | &nbsp;&nbsp;&nbsp;&nbsp; 512552 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9243 | &nbsp;&nbsp;&nbsp;&nbsp; 633515 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10788 | &nbsp;&nbsp;&nbsp;&nbsp; 1557679 |
| &nbsp;&nbsp;&nbsp; Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8418 | &nbsp;&nbsp;&nbsp;&nbsp; 904346 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12810635 |
| **Telecommunications Equipment — 1.4%** | **Telecommunications Equipment — 1.4%** | **Telecommunications Equipment — 1.4%** |
| &nbsp;&nbsp;&nbsp; Ciena Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19478 | &nbsp;&nbsp;&nbsp;&nbsp; 1808338 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE ($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Telecommunications Equipment — continued** | **Telecommunications Equipment — continued** | **Telecommunications Equipment — continued** |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15622 | &nbsp;&nbsp;&nbsp;&nbsp; 1719670 |
| &nbsp;&nbsp;&nbsp; Ubiquiti, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3673 | &nbsp;&nbsp;&nbsp;&nbsp; 1599481 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5127489 |
| **Telecommunications Service Providers — 1.5%** | **Telecommunications Service Providers — 1.5%** | **Telecommunications Service Providers — 1.5%** |
| &nbsp;&nbsp;&nbsp; Charter Communications, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 3616 | &nbsp;&nbsp;&nbsp;&nbsp; 974006 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38442 | &nbsp;&nbsp;&nbsp;&nbsp; 1412359 |
| &nbsp;&nbsp;&nbsp; GCI Liberty, Inc., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 2266 | &nbsp;&nbsp;&nbsp;&nbsp; 75344 |
| &nbsp;&nbsp;&nbsp; GCI Liberty, Inc. Escrow ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 7824 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36910 | &nbsp;&nbsp;&nbsp;&nbsp; 902819 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd., Class C (Belgium) \* | &nbsp;&nbsp;&nbsp;&nbsp; 67587 | &nbsp;&nbsp;&nbsp;&nbsp; 691415 |
| &nbsp;&nbsp;&nbsp; Millicom International Cellular SA (Guatemala) | &nbsp;&nbsp;&nbsp;&nbsp; 7834 | &nbsp;&nbsp;&nbsp;&nbsp; 314535 |
| &nbsp;&nbsp;&nbsp; Roku, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12066 | &nbsp;&nbsp;&nbsp;&nbsp; 1136135 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5506613 |
| **Travel & Leisure — 2.1%** | **Travel & Leisure — 2.1%** | **Travel & Leisure — 2.1%** |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14780 | &nbsp;&nbsp;&nbsp;&nbsp; 1254822 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5982 | &nbsp;&nbsp;&nbsp;&nbsp; 1206390 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4430 | &nbsp;&nbsp;&nbsp;&nbsp; 798375 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International \* | &nbsp;&nbsp;&nbsp;&nbsp; 24820 | &nbsp;&nbsp;&nbsp;&nbsp; 904689 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7690 | &nbsp;&nbsp;&nbsp;&nbsp; 1423650 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5012 | &nbsp;&nbsp;&nbsp;&nbsp; 296961 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13878 | &nbsp;&nbsp;&nbsp;&nbsp; 1225566 |
| &nbsp;&nbsp;&nbsp; Wendy's Co. (The) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 26991 | &nbsp;&nbsp;&nbsp;&nbsp; 265861 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7376314 |
| **Waste & Disposal Services — 0.1%** | **Waste & Disposal Services — 0.1%** | **Waste & Disposal Services — 0.1%** |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1503 | &nbsp;&nbsp;&nbsp;&nbsp; 354422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $326,551,239)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 356961758 |
| **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** |
| **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, 4.26% (b) (c)(Cost $287,512) | &nbsp;&nbsp;&nbsp;&nbsp; 287512 | &nbsp;&nbsp;&nbsp;&nbsp; 287512 |
| **Investment of Cash Collateral from Securities Loaned — 0.3%** | **Investment of Cash Collateral from Securities Loaned — 0.3%** | **Investment of Cash Collateral from Securities Loaned — 0.3%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.37% (b) (c)(Cost $1,205,956) | &nbsp;&nbsp;&nbsp;&nbsp; 1205956 | &nbsp;&nbsp;&nbsp;&nbsp; 1205956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $1,493,468)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 1493468 |
| **Total Investments — 100.2%** <br>**(Cost $328,044,707)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **358455226** |
| **Liabilities in Excess of Other Assets — (0.2)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(837817)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **357617409** |

---

&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;

---

| | |
|:---|:---|
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at July 31, 2025. The total value of securities on loan at July 31, 2025 is $1,127,806. |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (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 July 31, 2025.

**Futures contracts outstanding as of July 31, 2025:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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 MidCap 400 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp;&nbsp; 09/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 316460 | &nbsp;&nbsp;&nbsp;&nbsp; 9528 |

---

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

---

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

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (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 Securities and Exchange Commission 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 Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

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

A market-based approach is primarily used to value the Fund's investments. Investments for which market quotations are not readily available are fair valued using prices supplied by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers (collectively referred to as "Pricing Services"), or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

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

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's 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) | &nbsp;&nbsp;&nbsp;&nbsp; $358455226 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $—<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $358455226 |

---

------

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &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** |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | &nbsp;&nbsp;&nbsp;&nbsp; $9528 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9528 |

---

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

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

**B. Investment Transactions with Affiliates**— The Fund invested in Underlying Funds advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers. 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 July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2024**<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>**July 31,** <br>**2025**<br>| **Shares at** <br>**July 31,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market <br> Fund Agency SL Class Shares, 4.37% <br> (a) (b)<br>| $167244 | $19819229 | $18780517 | $— | $— | $1205956 | 1205956 | $35803 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund Class IM Shares, 4.26% (a) (b)<br>| 515360 | 18730642 | 18958490 |  |  | 287512 | 287512 | 21605 |  |
| **Total** | $682604 | $38549871 | $37739007 | $— | $— | $1493468 |  | $57408 | $— |

---

&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 July 31, 2025.

------

## 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. Mid Cap Equity ETF

- **b. EDGAR series identifier (if any):** S000053745

- **c. LEI of Series:** 549300RGWB0T30E6VO11

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $358897148.67

**Total Liabilities:** $1279739.25

**Net Assets:** $357617409.42

**Cash Not Reported:** $5609.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168940 | 3.41%                | 2.72%                | 0.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2760793.61              | $8483705.65                                |
| Month 2  | $2645517.55              | $5876604.99                                |
| Month 3  | $1480228.26              | $460346.32                                 |

**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        |     10288 | NS      | $1602253.12   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown, Inc.                           | Brown & Brown, Inc.                                                   | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      6163 | NS      | $563113.31    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.                   | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     65889 | NS      | $1035775.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                                   | Crocs, Inc.                                                           | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      7899 | NS      | $787767.27    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co. (The)                         | Kraft Heinz Co. (The)                                                 | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     40550 | NS      | $1113503.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                | Walgreens Boots Alliance, Inc.                                        | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     92911 | NS      | $1081484.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                           | Synchrony Financial                                                   | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     23484 | NS      | $1636130.28   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories, Inc.                      | Dolby Laboratories, Inc., Class A                                     | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     10162 | NS      | $765605.08    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                    | Archer-Daniels-Midland Co.                                            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     20130 | NS      | $1090643.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp.                                    | Pool Corp.                                                            | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      1287 | NS      | $396576.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                       | Louisiana-Pacific Corp.                                               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      9528 | NS      | $861426.48    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                     | United Therapeutics Corp.                                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      4965 | NS      | $1363885.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                     | CubeSmart                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25940 | NS      | $1009325.40   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorp NA                              | Zions Bancorp NA                                                      | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |      6353 | NS      | $340647.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                               | Ingredion, Inc.                                                       | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     10177 | NS      | $1338682.58   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                              | OGE Energy Corp.                                                      | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     31755 | NS      | $1442312.10   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System, Inc.                         | Landstar System, Inc.                                                 | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      5803 | NS      | $773946.11    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology, Inc.                    | Microchip Technology, Inc.                                            | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     11739 | NS      | $793439.01    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp.                                   | Loews Corp.                                                           | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     11431 | NS      | $1034962.74   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                  | AMETEK, Inc.                                                          | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      7700 | NS      | $1423345.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.                       | Permian Resources Corp.                                               | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     94314 | NS      | $1335486.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares, Inc.                   | Huntington Bancshares, Inc.                                           | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     90630 | NS      | $1489050.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp.                                    | PG&E Corp.                                                            | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     90321 | NS      | $1266300.42   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                                  | Gentex Corp.                                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     34760 | NS      | $918359.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv, Inc.                                 | Ovintiv, Inc.                                                         | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     23274 | NS      | $958423.32    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                           | Carlisle Cos., Inc.                                                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      3663 | NS      | $1299302.73   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                | EPR Properties                                                        | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     24866 | NS      | $1368624.64   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                           | Flowers Foods, Inc.                                                   | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     66263 | NS      | $1050268.55   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co. (The)                              | Timken Co. (The)                                                      | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     17130 | NS      | $1303421.70   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil, Inc.                                   | Jabil, Inc.                                                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      7986 | NS      | $1782235.62   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                    | Essex Property Trust, Inc.                                            | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      3973 | NS      | $1033695.14   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric plc                            | nVent Electric plc                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      9783 | NS      | $767182.86    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti, Inc.                                | Ubiquiti, Inc.                                                        | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3673 | NS      | $1599481.31   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                     | NVR, Inc.                                                             | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       144 | NS      | $1087126.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity, Inc.                                | Doximity, Inc., Class A                                               | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20626 | NS      | $1211777.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals plc                      | Jazz Pharmaceuticals plc                                              | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     10220 | NS      | $1171518.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.       | Mid-America Apartment Communities, Inc.                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      6238 | NS      | $888478.34    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital, Inc.                             | Gen Digital, Inc.                                                     | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     47247 | NS      | $1393314.03   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                | TechnipFMC plc                                                        | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |     30409 | NS      | $1105975.33   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp.                                  | Waters Corp.                                                          | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      3100 | NS      | $895156.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                         | Deckers Outdoor Corp.                                                 | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      8634 | NS      | $916671.78    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                         | Harley-Davidson, Inc.                                                 | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      2237 | NS      | $54426.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co. (The)                         | J M Smucker Co. (The)                                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     11041 | NS      | $1185140.94   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings, Inc.                        | Medpace Holdings, Inc.                                                | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      3097 | NS      | $1323038.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences, Inc.                  | Neurocrine Biosciences, Inc.                                          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      7533 | NS      | $965956.59    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                                 | Cummins, Inc.                                                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      4206 | NS      | $1546209.72   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                 | Owens Corning                                                         | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      7877 | NS      | $1098290.11   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen, Inc.                                  | Biogen, Inc.                                                          | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |       931 | NS      | $119168.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Live               | Liberty Media Corp-Liberty Live, Class A                              | CUSIP: 531229748<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1153 | NS      | $94315.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                                | WP Carey, Inc.                                                        | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     21627 | NS      | $1387588.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.             | Fidelity National Financial, Inc.                                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     11021 | NS      | $621915.03    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co.                                 | Crane NXT Co.                                                         | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |      6611 | NS      | $392296.74    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent, Inc.          | Frontier Communications Parent, Inc.                                  | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38442 | NS      | $1412359.08   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd.                            | Everest Group Ltd.                                                    | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Long             | EC               | CORP              | BM        |      3160 | NS      | $1061128.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed, Inc.                                  | ResMed, Inc.                                                          | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      5644 | NS      | $1534829.36   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                           | Expand Energy Corp.                                                   | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      8387 | NS      | $878789.86    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma plc                            | Royalty Pharma plc, Class A                                           | CUSIP: N/A<br>LEI: 549300FGFN7VOK8BZR03       | Long             | EC               | CORP              | GB        |     40378 | NS      | $1485910.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies, Inc.              | GE HealthCare Technologies, Inc.                                      | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |      6516 | NS      | $464721.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                            | Devon Energy Corp.                                                    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     24449 | NS      | $812195.78    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.           | Gaming and Leisure Properties, Inc.                                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     26979 | NS      | $1229702.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp.                      | Texas Pacific Land Corp.                                              | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1027 | NS      | $994269.51    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                           | Toll Brothers, Inc.                                                   | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      9585 | NS      | $1134480.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                     | Fox Corp., Class A                                                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     19706 | NS      | $1098806.56   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                                 | Gartner, Inc.                                                         | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      2882 | NS      | $975989.30    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust, Inc.                 | Starwood Property Trust, Inc.                                         | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               | CORP              | US        |     42250 | NS      | $822185.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                         | Cheniere Energy, Inc.                                                 | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      5908 | NS      | $1393579.04   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores, Inc.                             | Ross Stores, Inc.                                                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      8727 | NS      | $1191584.58   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos., Inc.                         | Albertsons Cos., Inc., Class A                                        | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |     66536 | NS      | $1278821.92   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp.                                     | UGI Corp.                                                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     38875 | NS      | $1406497.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on, Inc.                                 | Snap-on, Inc.                                                         | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      4305 | NS      | $1382722.95   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                              | Kroger Co. (The)                                                      | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     21521 | NS      | $1508622.10   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                         | Camden Property Trust                                                 | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      9507 | NS      | $1038164.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                          | Edison International                                                  | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     18432 | NS      | $960675.84    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                         | MGIC Investment Corp.                                                 | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     52385 | NS      | $1356771.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                                | DTE Energy Co.                                                        | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     10412 | NS      | $1441124.92   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                            | Hormel Foods Corp.                                                    | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     35701 | NS      | $1002841.09   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                         | American Homes 4 Rent, Class A                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     28021 | NS      | $972048.49    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings, Inc.                       | Lumentum Holdings, Inc.                                               | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |     15622 | NS      | $1719669.76   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp.                              | Bio-Techne Corp.                                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      2814 | NS      | $154010.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties, Inc.                    | EastGroup Properties, Inc.                                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      4975 | NS      | $812119.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex, Inc.                                | Teleflex, Inc.                                                        | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |      1590 | NS      | $190005.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries, Inc.                      | Mueller Industries, Inc.                                              | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      5794 | NS      | $494633.78    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                            | Atmos Energy Corp.                                                    | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      9199 | NS      | $1434308.08   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp.                       | Regions Financial Corp.                                               | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     25845 | NS      | $654653.85    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                         | Range Resources Corp.                                                 | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     32352 | NS      | $1187965.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust               | Federal Realty Investment Trust                                       | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      6263 | NS      | $577198.08    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                         | Assured Guaranty Ltd.                                                 | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |      6799 | NS      | $575059.42    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                            | RBC Bearings, Inc.                                                    | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3736 | NS      | $1447102.24   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                   | Nucor Corp.                                                           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      7795 | NS      | $1115230.65   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                    | Simon Property Group, Inc.                                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      8694 | NS      | $1423990.26   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                | Hewlett Packard Enterprise Co.                                        | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     79610 | NS      | $1647130.90   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                          | Steel Dynamics, Inc.                                                  | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     10494 | NS      | $1338614.64   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.              | Omega Healthcare Investors, Inc.                                      | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     37702 | NS      | $1466607.80   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp.                        | US Foods Holding Corp.                                                | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     18640 | NS      | $1553271.20   | 0.43%             |  |  |  | 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        |   1205956 | NS      | $1205956.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                | Teradyne, Inc.                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      8418 | NS      | $904345.74    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                       | Molina Healthcare, Inc.                                               | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      3263 | NS      | $515129.81    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems, Inc.                             | Pegasystems, Inc.                                                     | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     14620 | NS      | $858340.20    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)          | Hartford Insurance Group, Inc. (The)                                  | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     11243 | NS      | $1398516.77   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group, Inc.                     | Nexstar Media Group, Inc.                                             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      7533 | NS      | $1409499.63   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp.                            | Talen Energy Corp.                                                    | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       817 | NS      | $308474.69    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                           | General Mills, Inc.                                                   | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     22344 | NS      | $1094409.12   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                      | Jones Lang LaSalle, Inc.                                              | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      5342 | NS      | $1444263.12   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica, Inc.                                | Comerica, Inc.                                                        | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |      4467 | NS      | $301835.19    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co., Inc.                         | McCormick & Co., Inc. (Non-Voting)                                    | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     14311 | NS      | $1010785.93   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                                | Exelixis, Inc.                                                        | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     33811 | NS      | $1224634.42   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                     | UDR, Inc.                                                             | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     25444 | NS      | $999694.76    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                 | Popular, Inc.                                                         | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     12152 | NS      | $1392376.16   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                      | Skyworks Solutions, Inc.                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      9243 | NS      | $633515.22    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentsply Sirona, Inc.                         | Dentsply Sirona, Inc.                                                 | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |     19093 | NS      | $273220.83    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical, Inc.                          | Globus Medical, Inc., Class A                                         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     18327 | NS      | $964550.01    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic, Inc.                                 | Hologic, Inc.                                                         | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     15180 | NS      | $1014327.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.              | Old Republic International Corp.                                      | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     37569 | NS      | $1358870.73   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty, Inc. Escrow                      | GCI Liberty, Inc. Escrow, Class A                                     | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7824 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| WW Grainger, Inc.                             | WW Grainger, Inc.                                                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1323 | NS      | $1375311.42   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd.                                  | Genpact Ltd.                                                          | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |      8718 | NS      | $384027.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                           | Rithm Capital Corp.                                                   | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |    116096 | NS      | $1396634.88   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                     | Church & Dwight Co., Inc.                                             | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     12810 | NS      | $1201193.70   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity, Inc.                                  | Acuity, Inc.                                                          | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1041 | NS      | $324115.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                         | Regency Centers Corp.                                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     19384 | NS      | $1384017.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp.                         | Pilgrim's Pride Corp.                                                 | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     27716 | NS      | $1313461.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp.                               | NewMarket Corp.                                                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      2081 | NS      | $1429647.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity, Inc.                                 | Revvity, Inc.                                                         | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |     10982 | NS      | $965317.80    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems, Inc.                           | Veeva Systems, Inc., Class A                                          | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      3751 | NS      | $1066034.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                    | Performance Food Group Co.                                            | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     16318 | NS      | $1638327.20   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                            | Ralph Lauren Corp.                                                    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      5402 | NS      | $1613847.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                                   | Sysco Corp.                                                           | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     14246 | NS      | $1133981.60   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                                | Huntsman Corp.                                                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     40571 | NS      | $393538.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.               | Universal Health Services, Inc., Class B                              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      8261 | NS      | $1375043.45   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource, Inc.                    | Builders FirstSource, Inc.                                            | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      7251 | NS      | $921819.63    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd.                    | Axis Capital Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 635400VD2NQBYAHMEM55       | Long             | EC               | CORP              | BM        |     11623 | NS      | $1090702.32   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                 | Ashland, Inc.                                                         | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      5967 | NS      | $307658.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings, Inc.               | Lincoln Electric Holdings, Inc.                                       | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      5370 | NS      | $1307595.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                     | Consolidated Edison, Inc.                                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     13548 | NS      | $1402218.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA Financial Corp.                           | CNA Financial Corp.                                                   | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |       219 | NS      | $9708.27      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                            | Kimco Realty Corp.                                                    | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     56823 | NS      | $1206352.29   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp.                                | Celanese Corp.                                                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     10747 | NS      | $561315.81    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.               | Annaly Capital Management, Inc.                                       | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |      4730 | NS      | $96160.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy, Inc.                      | Diamondback Energy, Inc.                                              | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      7990 | NS      | $1187793.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc.                     | Darling Ingredients, Inc.                                             | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     29392 | NS      | $951712.96    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                      | Cousins Properties, Inc.                                              | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     30324 | NS      | $821780.40    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                            | Ryder System, Inc.                                                    | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |      6661 | NS      | $1183726.31   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold, Inc.                              | Royal Gold, Inc.                                                      | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      7725 | NS      | $1169719.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                  | LyondellBasell Industries NV, Class A                                 | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | NL        |     14157 | NS      | $820115.01    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                 | Corteva, Inc.                                                         | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     19430 | NS      | $1401485.90   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                         | Williams-Sonoma, Inc.                                                 | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      7945 | NS      | $1486112.25   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions, Inc.                       | Element Solutions, Inc.                                               | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     58087 | NS      | $1370853.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp.                               | TD SYNNEX Corp.                                                       | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     10788 | NS      | $1557679.32   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp.                        | Encompass Health Corp.                                                | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     11638 | NS      | $1281460.18   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                     | APA Corp.                                                             | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     28622 | NS      | $552118.38    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares, Inc.                   | Prosperity Bancshares, Inc.                                           | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3225 | NS      | $214849.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                              | Clorox Co. (The)                                                      | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      8596 | NS      | $1079313.76   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd.          | White Mountains Insurance Group Ltd.                                  | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | BM        |       100 | NS      | $178780.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline, Inc.                               | Valvoline, Inc.                                                       | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     32108 | NS      | $1131807.00   | 0.32%             |  |  |  | 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        |      3331 | NS      | $81942.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                      | Darden Restaurants, Inc.                                              | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      5982 | NS      | $1206389.94   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT, Inc.                                     | ADT, Inc.                                                             | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12211 | NS      | $101961.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp.                           | Kilroy Realty Corp.                                                   | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     26722 | NS      | $984972.92    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd.                                   | Amdocs Ltd.                                                           | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |     12377 | NS      | $1056500.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                       | International Paper Co.                                               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     28386 | NS      | $1326761.64   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                     | MDU Resources Group, Inc.                                             | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64687 | NS      | $1115850.75   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings, Inc.                | United Airlines Holdings, Inc.                                        | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     13878 | NS      | $1225566.18   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp.                              | Concentrix Corp.                                                      | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      5330 | NS      | $277000.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp.                                    | IDEX Corp.                                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       770 | NS      | $125902.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co.                           | Sonoco Products Co.                                                   | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |      1364 | NS      | $61475.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp.                                  | Chemed Corp.                                                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      2284 | NS      | $941693.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                           | Clean Harbors, Inc.                                                   | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      1503 | NS      | $354422.43    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                       | Arch Capital Group Ltd.                                               | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |      4309 | NS      | $370832.54    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy, Inc.                                 | GoDaddy, Inc., Class A                                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      7979 | NS      | $1289246.82   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp.                       | Liberty Broadband Corp., Class C                                      | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     11481 | NS      | $704014.92    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy, Inc.                             | Xcel Energy, Inc.                                                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     20872 | NS      | $1532839.68   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands, Inc.                          | Conagra Brands, Inc.                                                  | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     49143 | NS      | $897351.18    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos., Inc. (The)                       | Cooper Cos., Inc. (The)                                               | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      8460 | NS      | $598037.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | S&P MidCap 400 E-Mini Index                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $9528.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                         | Cardinal Health, Inc.                                                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8719 | NS      | $1353363.18   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group, Inc.         | Public Service Enterprise Group, Inc.                                 | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     17253 | NS      | $1549146.87   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp.                        | Antero Resources Corp.                                                | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     33817 | NS      | $1181227.81   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                         | Eagle Materials, Inc.                                                 | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      2751 | NS      | $617021.79    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group, Inc.                           | Expedia Group, Inc.                                                   | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4430 | NS      | $798374.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                     | PPL Corp.                                                             | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     41594 | NS      | $1484489.86   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp.                        | Tenet Healthcare Corp.                                                | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      8556 | NS      | $1379911.68   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corp.                    | Brookfield Renewable Corp.                                            | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |     34315 | NS      | $1256958.45   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                                  | Macy's, Inc.                                                          | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |     34861 | NS      | $440294.43    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co. plc                               | Perrigo Co. plc                                                       | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |     16265 | NS      | $433787.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                       | KeyCorp                                                               | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     20777 | NS      | $372323.84    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp.                        | Antero Midstream Corp.                                                | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76975 | NS      | $1412491.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                         | BellRing Brands, Inc.                                                 | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     20683 | NS      | $1128878.14   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co.                          | Travel + Leisure Co.                                                  | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |      5012 | NS      | $296961.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning, Inc.                                 | Corning, Inc.                                                         | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     14787 | NS      | $935129.88    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.                           | Liberty Global Ltd., Class C                                          | CUSIP: N/A<br>LEI: 213800HRMKKTYH7SKA24       | Long             | EC               | CORP              | BM        |     67587 | NS      | $691415.01    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                           | Fifth Third Bancorp                                                   | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     16179 | NS      | $672561.03    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated, Inc.                  | Coca-Cola Consolidated, Inc.                                          | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |     11334 | NS      | $1266574.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup, Inc.                              | AptarGroup, Inc.                                                      | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |       243 | NS      | $38185.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                             | FirstEnergy Corp.                                                     | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     33506 | NS      | $1431041.26   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                  | Casey's General Stores, Inc.                                          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2779 | NS      | $1445441.27   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.          | Cognizant Technology Solutions Corp., Class A                         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     10694 | NS      | $767401.44    | 0.21%             |  |  |  | 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        |     16560 | NS      | $806803.20    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource, Inc.                                | NiSource, Inc.                                                        | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     35607 | NS      | $1511517.15   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                         | Quanta Services, Inc.                                                 | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3929 | NS      | $1595684.77   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                   | Ciena Corp.                                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     19478 | NS      | $1808337.52   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV, Inc.                                     | NOV, Inc.                                                             | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |     35714 | NS      | $449282.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HP, Inc.                                      | HP, Inc.                                                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     31765 | NS      | $787772.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings, Inc.                           | Post Holdings, Inc.                                                   | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     11975 | NS      | $1267074.75   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                               | Primerica, Inc.                                                       | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      3002 | NS      | $797421.26    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra, Inc.                                | Penumbra, Inc.                                                        | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      4134 | NS      | $1042884.18   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                    | Manhattan Associates, Inc.                                            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |       834 | NS      | $183196.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty, Inc.               | Rexford Industrial Realty, Inc.                                       | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     16026 | NS      | $585429.78    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                  | Exelon Corp.                                                          | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     32728 | NS      | $1470796.32   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                            | Henry Schein, Inc.                                                    | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     16177 | NS      | $1094374.05   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                            | Brown-Forman Corp., Class B                                           | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     32307 | NS      | $932056.95    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances, Inc.      | International Flavors & Fragrances, Inc.                              | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     17331 | NS      | $1231020.93   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| F5, Inc.                                      | F5, Inc.                                                              | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      4908 | NS      | $1538265.36   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                               | Halliburton Co.                                                       | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     30264 | NS      | $677913.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbell's Co.                            | The Campbell's Co.                                                    | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     32284 | NS      | $1030505.28   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp.                                 | Insulet Corp.                                                         | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       598 | NS      | $172463.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares, Inc.               | First Citizens BancShares, Inc., Class A                              | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       757 | NS      | $1510033.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International, Inc.                       | RPM International, Inc.                                               | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     11616 | NS      | $1363834.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                               | Bunge Global SA                                                       | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     13890 | NS      | $1107866.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main, Inc.                             | Core & Main, Inc., Class A                                            | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25048 | NS      | $1594054.72   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy, Inc.                            | Viper Energy, Inc.                                                    | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |     11735 | NS      | $441940.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                  | Lennar Corp., Class A                                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      7666 | NS      | $859971.88    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                             | Tyson Foods, Inc., Class A                                            | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     23758 | NS      | $1242543.40   | 0.35%             |  |  |  | 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        |     13937 | NS      | $1207222.94   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts, Inc.                   | Park Hotels & Resorts, Inc.                                           | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     84680 | NS      | $902688.80    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                     | Akamai Technologies, Inc.                                             | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      4325 | NS      | $330040.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp.                          | Avery Dennison Corp.                                                  | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      5925 | NS      | $994037.25    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                | Reliance, Inc.                                                        | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      4536 | NS      | $1316029.68   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                  | Vistra Corp.                                                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      8098 | NS      | $1688756.92   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp.                                | Westlake Corp.                                                        | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |      8555 | NS      | $678411.50    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co.                                 | Organon & Co.                                                         | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |     29825 | NS      | $289302.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris, Inc.                                 | Viatris, Inc.                                                         | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    110358 | NS      | $964528.92    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                  | Ameren Corp.                                                          | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      5338 | NS      | $539831.94    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.      | Science Applications International Corp.                              | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      8273 | NS      | $922274.04    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp.                              | CMS Energy Corp.                                                      | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     19413 | NS      | $1432679.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products, Inc.              | Reynolds Consumer Products, Inc.                                      | CUSIP: 76171L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39208 | NS      | $881787.92    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings, Inc.              | SS&C Technologies Holdings, Inc.                                      | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     16917 | NS      | $1446065.16   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp.                                    | Olin Corp.                                                            | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     26465 | NS      | $501247.10    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy, Inc.                          | Coterra Energy, Inc.                                                  | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     47500 | NS      | $1158525.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services, Inc.            | West Pharmaceutical Services, Inc.                                    | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      2916 | NS      | $697682.16    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group, Inc.                 | Penske Automotive Group, Inc.                                         | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      7678 | NS      | $1285373.98   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                    | Ameriprise Financial, Inc.                                            | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2805 | NS      | $1453522.95   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries, Inc.                         | Thor Industries, Inc.                                                 | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |      5026 | NS      | $457315.74    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                   | AvalonBay Communities, Inc.                                           | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      6562 | NS      | $1222369.36   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties, Inc.                     | Millrose Properties, Inc., Class A                                    | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4258 | NS      | $127697.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                         | VICI Properties, Inc.                                                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     39289 | NS      | $1280821.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings, Inc.                          | IQVIA Holdings, Inc.                                                  | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      4446 | NS      | $826333.56    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue, Inc.                                  | Kenvue, Inc.                                                          | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     60117 | NS      | $1288908.48   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies, Inc.                    | Agilent Technologies, Inc.                                            | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      7710 | NS      | $885185.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp.                            | Primo Brands Corp.                                                    | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     35742 | NS      | $986836.62    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.                | American Financial Group, Inc.                                        | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      4872 | NS      | $608512.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                         | Clearway Energy, Inc., Class C                                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     40834 | NS      | $1332413.42   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                   | Dick's Sporting Goods, Inc.                                           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      6627 | NS      | $1401676.77   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co., Inc. (The)                   | Boston Beer Co., Inc. (The), Class A                                  | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |      5079 | NS      | $1051759.32   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                                 | Hubbell, Inc.                                                         | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      3460 | NS      | $1513680.80   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co. (The)                       | Western Union Co. (The)                                               | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     12533 | NS      | $100890.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT, Inc.                                | NNN REIT, Inc.                                                        | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     19189 | NS      | $791738.14    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                                     | Kellanova                                                             | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     17619 | NS      | $1406524.77   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                     | MGM Resorts International                                             | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |     24820 | NS      | $904689.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                                     | QIAGEN NV                                                             | CUSIP: N/A<br>LEI: 54930036WK3GMCN17Z57       | Long             | EC               | CORP              | NL        |     22455 | NS      | $1107929.70   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                              | AutoNation, Inc.                                                      | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7164 | NS      | $1380072.96   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group, Inc.               | Principal Financial Group, Inc.                                       | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      2502 | NS      | $194730.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                                 | Paychex, Inc.                                                         | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      7083 | NS      | $1022289.39   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron, Inc.                                 | Textron, Inc.                                                         | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      4655 | NS      | $362019.35    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics, Inc.                       | Quest Diagnostics, Inc.                                               | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      7801 | NS      | $1305965.41   | 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        |     24379 | NS      | $1187744.88   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp.                                   | Alcoa Corp.                                                           | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     30771 | NS      | $922206.87    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                  | CF Industries Holdings, Inc.                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     14089 | NS      | $1307881.87   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                   | Avnet, Inc.                                                           | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     18174 | NS      | $962131.56    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                  | Evergy, Inc.                                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     20694 | NS      | $1465135.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK, Inc.                                   | ONEOK, Inc.                                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     15111 | NS      | $1240764.21   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                   | Halozyme Therapeutics, Inc.                                           | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     19591 | NS      | $1174872.27   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings, Inc.                        | Labcorp Holdings, Inc.                                                | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5350 | NS      | $1391428.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco, Inc.                                   | Graco, Inc.                                                           | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     14569 | NS      | $1223504.62   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)           | Bank of New York Mellon Corp. (The)                                   | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     11948 | NS      | $1212124.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp.                                  | Hexcel Corp.                                                          | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     12854 | NS      | $770083.14    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier, Inc.                                | Rayonier, Inc.                                                        | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     18508 | NS      | $431421.48    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry, Inc.                                | Tapestry, Inc.                                                        | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     17806 | NS      | $1923582.18   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT, Inc.                                     | ITT, Inc.                                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      4128 | NS      | $701594.88    | 0.20%             |  |  |  | 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        |    287512 | NS      | $287511.97    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty, Inc.                             | GCI Liberty, Inc., Class C                                            | CUSIP: 36164V800<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2266 | NS      | $75344.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                             | Boyd Gaming Corp.                                                     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     14780 | NS      | $1254822.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings, Inc.                        | OneMain Holdings, Inc.                                                | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     27088 | NS      | $1565415.52   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                   | Pinnacle West Capital Corp.                                           | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     15638 | NS      | $1417115.56   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS plc                                    | STERIS plc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      5078 | NS      | $1150116.22   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                    | Unum Group                                                            | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     17933 | NS      | $1287768.73   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp.                          | Alliant Energy Corp.                                                  | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     23034 | NS      | $1497440.34   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                            | Equity Residential                                                    | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     15643 | NS      | $988637.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp.                                   | Masco Corp.                                                           | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     14400 | NS      | $981072.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                            | State Street Corp.                                                    | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      8472 | NS      | $946746.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendy's Co. (The)                             | Wendy's Co. (The)                                                     | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |     26991 | NS      | $265861.35    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Omnicom Group, Inc.                           | Omnicom Group, Inc.                                                   | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     10322 | NS      | $743700.10    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                        | ON Semiconductor Corp.                                                | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     12117 | NS      | $682914.12    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA            | Millicom International Cellular SA                                    | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | EC               | CORP              | LU        |      7834 | NS      | $314535.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group, Inc.                        | WEC Energy Group, Inc.                                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     13444 | NS      | $1466471.52   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Inc.            | Reinsurance Group of America, Inc.                                    | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      7146 | NS      | $1375247.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                              | Baker Hughes Co.                                                      | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27124 | NS      | $1221936.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                  | NetApp, Inc.                                                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     10352 | NS      | $1077953.76   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo, Inc.                                   | Qorvo, Inc.                                                           | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      6131 | NS      | $512551.60    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp.                                     | FNB Corp.                                                             | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     18279 | NS      | $280034.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                            | Tractor Supply Co.                                                    | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     20441 | NS      | $1164114.95   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings, Inc.           | Allison Transmission Holdings, Inc.                                   | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     13785 | NS      | $1241614.95   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                 | IDACORP, Inc.                                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     10539 | NS      | $1320852.87   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                             | Hershey Co. (The)                                                     | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      6256 | NS      | $1164429.28   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies, Inc.                      | Tyler Technologies, Inc.                                              | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      2388 | NS      | $1395929.28   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign, Inc.                                | Docusign, Inc.                                                        | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      3336 | NS      | $252335.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International, Inc.                      | CACI International, Inc., Class A                                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      2414 | NS      | $1111815.98   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti plc                         | Anglogold Ashanti plc                                                 | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |     20824 | NS      | $963110.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Incyte Corp.                                  | Incyte Corp.                                                          | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     15623 | NS      | $1170006.47   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                         | STAG Industrial, Inc.                                                 | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     27962 | NS      | $959935.46    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                    | Highwoods Properties, Inc.                                            | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     33575 | NS      | $974010.75    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health, Inc.                    | Elanco Animal Health, Inc.                                            | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     42023 | NS      | $574874.64    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                            | Cirrus Logic, Inc.                                                    | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      9982 | NS      | $1005287.22   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                           | Kinder Morgan, Inc.                                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     50937 | NS      | $1429292.22   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                         | Paycom Software, Inc.                                                 | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |       597 | NS      | $138229.38    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                         | Texas Roadhouse, Inc.                                                 | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      7690 | NS      | $1423649.70   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                         | Leidos Holdings, Inc.                                                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      8389 | NS      | $1339303.85   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                            | DT Midstream, Inc.                                                    | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13237 | NS      | $1359837.01   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                  | Charter Communications, Inc., Class A                                 | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      3616 | NS      | $974005.76    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                         | Targa Resources Corp.                                                 | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      7104 | NS      | $1182176.64   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                     | Crane Co.                                                             | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |      1196 | NS      | $234140.92    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market, Inc.                  | Sprouts Farmers Market, Inc.                                          | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      6700 | NS      | $1015318.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                              | PulteGroup, Inc.                                                      | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10326 | NS      | $1166011.92   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings, Inc.                         | Silgan Holdings, Inc.                                                 | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      7174 | NS      | $333806.22    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita, Inc.                                  | DaVita, Inc.                                                          | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      9624 | NS      | $1350920.88   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner, Inc.                              | BorgWarner, Inc.                                                      | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     14459 | NS      | $532091.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                  | Fastenal Co.                                                          | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     33388 | NS      | $1540188.44   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                 | Entergy Corp.                                                         | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     17152 | NS      | $1551055.36   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                     | FMC Corp.                                                             | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     33509 | NS      | $1308191.36   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Amedisys, Inc.                                | Amedisys, Inc.                                                        | CUSIP: 023436108<br>LEI: 5299001RBS9GK9STN379 | Long             | EC               | CORP              | US        |      4255 | NS      | $419543.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations, Inc.              | Fortune Brands Innovations, Inc.                                      | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     14390 | NS      | $784830.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                              | NRG Energy, Inc.                                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      9255 | NS      | $1547436.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                              | Mosaic Co. (The)                                                      | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     39325 | NS      | $1416093.25   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp.                                | M&T Bank Corp.                                                        | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      6095 | NS      | $1150126.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                 | Cencora, Inc.                                                         | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4765 | NS      | $1363171.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co. (The)                  | Scotts Miracle-Gro Co. (The)                                          | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |     22207 | NS      | $1391490.62   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                | Citizens Financial Group, Inc.                                        | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      9726 | NS      | $464124.72    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                          | Eastman Chemical Co.                                                  | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     14811 | NS      | $1075426.71   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                  | Brixmor Property Group, Inc.                                          | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     52090 | NS      | $1361111.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                    | Packaging Corp. of America                                            | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      6502 | NS      | $1259762.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group, Inc.                             | EMCOR Group, Inc.                                                     | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2941 | NS      | $1845448.09   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.             | Booz Allen Hamilton Holding Corp.                                     | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      3213 | NS      | $344851.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                           | Iron Mountain, Inc.                                                   | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     13415 | NS      | $1306084.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                     | SLM Corp.                                                             | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28531 | NS      | $907285.80    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd.                                   | Garmin Ltd.                                                           | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |      6562 | NS      | $1435503.12   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                               | DR Horton, Inc.                                                       | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      7224 | NS      | $1031876.16   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                         | National Fuel Gas Co.                                                 | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     16720 | NS      | $1451128.80   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                         | Lamar Advertising Co., Class A                                        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |     11323 | NS      | $1384236.75   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                        | Envista Holdings Corp.                                                | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |      9594 | NS      | $181230.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust             | National Storage Affiliates Trust                                     | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     13968 | NS      | $411497.28    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block, Inc.                               | H&R Block, Inc.                                                       | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     20908 | NS      | $1136140.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp. International                   | Service Corp. International                                           | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |      6563 | NS      | $500822.53    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                      | Valmont Industries, Inc.                                              | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      1313 | NS      | $477866.35    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group, Inc.               | Jefferies Financial Group, Inc.                                       | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     20914 | NS      | $1205901.24   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.                  | Iridium Communications, Inc.                                          | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     36910 | NS      | $902818.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku, Inc.                                    | Roku, Inc.                                                            | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     12066 | NS      | $1136134.56   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                | Monolithic Power Systems, Inc.                                        | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1653 | NS      | $1175679.72   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp.                               | A O Smith Corp.                                                       | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     13980 | NS      | $989644.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial, Inc.                         | Virtu Financial, Inc., Class A                                        | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      4505 | NS      | $198850.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                            | Best Buy Co., Inc.                                                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     12915 | NS      | $840249.90    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**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