# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-007743
**Filing Date:** 2025-11
**Character Count:** 74992
**Document Hash:** a6bcc9dfbc19af04ea31da02e88c164f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007743.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002071691-25-007743

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260630

**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:** 251528328

**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 Active Growth ETF (Series ID: S000077070)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000237212 | JPMorgan Active Growth ETF | JGRO            |

## Nport-Ex

**JPMorgan Active Growth ETF**

**Schedule of Portfolio Investments as of September 30, 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 Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — 98.4%** | **Common Stocks — 98.4%** | **Common Stocks — 98.4%** |
| **Aerospace & Defense — 1.3%** | **Aerospace & Defense — 1.3%** | **Aerospace & Defense — 1.3%** |
| &nbsp;&nbsp;&nbsp; GE Aerospace | &nbsp;&nbsp;&nbsp;&nbsp; 141674 | &nbsp;&nbsp;&nbsp;&nbsp; 42618373 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 175031 | &nbsp;&nbsp;&nbsp;&nbsp; 34346333 |
| &nbsp;&nbsp;&nbsp; RTX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 90612 | &nbsp;&nbsp;&nbsp;&nbsp; 15162106 |
| &nbsp;&nbsp;&nbsp; TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8264 | &nbsp;&nbsp;&nbsp;&nbsp; 10892117 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 103018929 |
| **Automobiles — 3.4%** | **Automobiles — 3.4%** | **Automobiles — 3.4%** |
| &nbsp;&nbsp;&nbsp; Tesla, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 596209 | &nbsp;&nbsp;&nbsp;&nbsp; 265146066 |
| **Beverages — 0.3%** | **Beverages — 0.3%** | **Beverages — 0.3%** |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 327383 | &nbsp;&nbsp;&nbsp;&nbsp; 21712041 |
| **Biotechnology — 3.8%** | **Biotechnology — 3.8%** | **Biotechnology — 3.8%** |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 134694 | &nbsp;&nbsp;&nbsp;&nbsp; 31187048 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 130806 | &nbsp;&nbsp;&nbsp;&nbsp; 59647536 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 393834 | &nbsp;&nbsp;&nbsp;&nbsp; 43715574 |
| &nbsp;&nbsp;&nbsp; Insmed, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 592785 | &nbsp;&nbsp;&nbsp;&nbsp; 85366968 |
| &nbsp;&nbsp;&nbsp; Natera, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 327507 | &nbsp;&nbsp;&nbsp;&nbsp; 52718802 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 175800 | &nbsp;&nbsp;&nbsp;&nbsp; 24678804 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 297314732 |
| **Broadline Retail — 5.4%** | **Broadline Retail — 5.4%** | **Broadline Retail — 5.4%** |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd., ADR (China) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 210615 | &nbsp;&nbsp;&nbsp;&nbsp; 37643219 |
| &nbsp;&nbsp;&nbsp; Amazon.com, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1394915 | &nbsp;&nbsp;&nbsp;&nbsp; 306281487 |
| &nbsp;&nbsp;&nbsp; MercadoLibre, Inc. (Brazil) \* | &nbsp;&nbsp;&nbsp;&nbsp; 15680 | &nbsp;&nbsp;&nbsp;&nbsp; 36643219 |
| &nbsp;&nbsp;&nbsp; Sea Ltd., ADR (Singapore) \* | &nbsp;&nbsp;&nbsp;&nbsp; 194367 | &nbsp;&nbsp;&nbsp;&nbsp; 34739214 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 415307139 |
| **Building Products — 0.4%** | **Building Products — 0.4%** | **Building Products — 0.4%** |
| &nbsp;&nbsp;&nbsp; Trane Technologies plc | &nbsp;&nbsp;&nbsp;&nbsp; 77695 | &nbsp;&nbsp;&nbsp;&nbsp; 32784182 |
| **Capital Markets — 4.5%** | **Capital Markets — 4.5%** | **Capital Markets — 4.5%** |
| &nbsp;&nbsp;&nbsp; Blackstone, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 374227 | &nbsp;&nbsp;&nbsp;&nbsp; 63936683 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 235558 | &nbsp;&nbsp;&nbsp;&nbsp; 22488722 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 119592 | &nbsp;&nbsp;&nbsp;&nbsp; 95237089 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 405299 | &nbsp;&nbsp;&nbsp;&nbsp; 27888624 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 124734 | &nbsp;&nbsp;&nbsp;&nbsp; 21015184 |
| &nbsp;&nbsp;&nbsp; KKR & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36667 | &nbsp;&nbsp;&nbsp;&nbsp; 4764877 |
| &nbsp;&nbsp;&nbsp; Moody's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 45299 | &nbsp;&nbsp;&nbsp;&nbsp; 21584068 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 534565 | &nbsp;&nbsp;&nbsp;&nbsp; 76539017 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 112385 | &nbsp;&nbsp;&nbsp;&nbsp; 12472487 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 345926751 |
| **Commercial Services & Supplies — 0.2%** | **Commercial Services & Supplies — 0.2%** | **Commercial Services & Supplies — 0.2%** |
| &nbsp;&nbsp;&nbsp; Copart, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 408229 | &nbsp;&nbsp;&nbsp;&nbsp; 18358058 |
| **Communications Equipment — 0.5%** | **Communications Equipment — 0.5%** | **Communications Equipment — 0.5%** |
| &nbsp;&nbsp;&nbsp; Arista Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 136950 | &nbsp;&nbsp;&nbsp;&nbsp; 19954984 |
| &nbsp;&nbsp;&nbsp; Ciena Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 117271 | &nbsp;&nbsp;&nbsp;&nbsp; 17082867 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 37037851 |

---

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Construction & Engineering — 0.9%** | **Construction & Engineering — 0.9%** | **Construction & Engineering — 0.9%** |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10810 | &nbsp;&nbsp;&nbsp;&nbsp; 8920196 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 148072 | &nbsp;&nbsp;&nbsp;&nbsp; 61363998 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 70284194 |
| **Construction Materials — 0.2%** | **Construction Materials — 0.2%** | **Construction Materials — 0.2%** |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 63060 | &nbsp;&nbsp;&nbsp;&nbsp; 14695502 |
| **Consumer Finance — 0.3%** | **Consumer Finance — 0.3%** | **Consumer Finance — 0.3%** |
| &nbsp;&nbsp;&nbsp; SoFi Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 769754 | &nbsp;&nbsp;&nbsp;&nbsp; 20336901 |
| **Consumer Staples Distribution & Retail — 1.1%** | **Consumer Staples Distribution & Retail — 1.1%** | **Consumer Staples Distribution & Retail — 1.1%** |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 32319 | &nbsp;&nbsp;&nbsp;&nbsp; 18270577 |
| &nbsp;&nbsp;&nbsp; Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 665843 | &nbsp;&nbsp;&nbsp;&nbsp; 68621780 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 86892357 |
| **Diversified Consumer Services — 0.1%** | **Diversified Consumer Services — 0.1%** | **Diversified Consumer Services — 0.1%** |
| &nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 36977 | &nbsp;&nbsp;&nbsp;&nbsp; 4014593 |
| **Electrical Equipment — 0.9%** | **Electrical Equipment — 0.9%** | **Electrical Equipment — 0.9%** |
| &nbsp;&nbsp;&nbsp; AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 132609 | &nbsp;&nbsp;&nbsp;&nbsp; 24930492 |
| &nbsp;&nbsp;&nbsp; Eaton Corp. plc | &nbsp;&nbsp;&nbsp;&nbsp; 5332 | &nbsp;&nbsp;&nbsp;&nbsp; 1995501 |
| &nbsp;&nbsp;&nbsp; GE Vernova, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 74619 | &nbsp;&nbsp;&nbsp;&nbsp; 45883223 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 72809216 |
| **Electronic Equipment, Instruments & Components — 0.5%** | **Electronic Equipment, Instruments & Components — 0.5%** | **Electronic Equipment, Instruments & Components — 0.5%** |
| &nbsp;&nbsp;&nbsp; Amphenol Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 194225 | &nbsp;&nbsp;&nbsp;&nbsp; 24035344 |
| &nbsp;&nbsp;&nbsp; Celestica, Inc. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 52902 | &nbsp;&nbsp;&nbsp;&nbsp; 13033995 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 37069339 |
| **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** |
| &nbsp;&nbsp;&nbsp; TechnipFMC plc (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 549504 | &nbsp;&nbsp;&nbsp;&nbsp; 21677933 |
| **Entertainment — 3.4%** | **Entertainment — 3.4%** | **Entertainment — 3.4%** |
| &nbsp;&nbsp;&nbsp; Netflix, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 130251 | &nbsp;&nbsp;&nbsp;&nbsp; 156160529 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 262087 | &nbsp;&nbsp;&nbsp;&nbsp; 36304291 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA \* | &nbsp;&nbsp;&nbsp;&nbsp; 55141 | &nbsp;&nbsp;&nbsp;&nbsp; 38488418 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 141248 | &nbsp;&nbsp;&nbsp;&nbsp; 36492833 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 267446071 |
| **Financial Services — 2.8%** | **Financial Services — 2.8%** | **Financial Services — 2.8%** |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc., Class B \* | &nbsp;&nbsp;&nbsp;&nbsp; 28152 | &nbsp;&nbsp;&nbsp;&nbsp; 14153136 |
| &nbsp;&nbsp;&nbsp; Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 333237 | &nbsp;&nbsp;&nbsp;&nbsp; 189548538 |
| &nbsp;&nbsp;&nbsp; Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 40252 | &nbsp;&nbsp;&nbsp;&nbsp; 13741228 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 217442902 |
| **Ground Transportation — 0.9%** | **Ground Transportation — 0.9%** | **Ground Transportation — 0.9%** |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 708446 | &nbsp;&nbsp;&nbsp;&nbsp; 69406455 |
| **Health Care Equipment & Supplies — 1.0%** | **Health Care Equipment & Supplies — 1.0%** | **Health Care Equipment & Supplies — 1.0%** |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp; 359312 | &nbsp;&nbsp;&nbsp;&nbsp; 48126249 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 71560 | &nbsp;&nbsp;&nbsp;&nbsp; 32003779 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 80130028 |

---

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Health Care Providers & Services — 0.7%** | **Health Care Providers & Services — 0.7%** | **Health Care Providers & Services — 0.7%** |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 275472 | &nbsp;&nbsp;&nbsp;&nbsp; 15624772 |
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54619 | &nbsp;&nbsp;&nbsp;&nbsp; 42195362 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 57820134 |
| **Hotels, Restaurants & Leisure — 3.2%** | **Hotels, Restaurants & Leisure — 3.2%** | **Hotels, Restaurants & Leisure — 3.2%** |
| &nbsp;&nbsp;&nbsp; Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15775 | &nbsp;&nbsp;&nbsp;&nbsp; 85173484 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 405228 | &nbsp;&nbsp;&nbsp;&nbsp; 110217964 |
| &nbsp;&nbsp;&nbsp; Flutter Entertainment plc (United Kingdom) \* | &nbsp;&nbsp;&nbsp;&nbsp; 74975 | &nbsp;&nbsp;&nbsp;&nbsp; 19043650 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45884 | &nbsp;&nbsp;&nbsp;&nbsp; 11904145 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 62390 | &nbsp;&nbsp;&nbsp;&nbsp; 18959697 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 245298940 |
| **Household Durables — 0.5%** | **Household Durables — 0.5%** | **Household Durables — 0.5%** |
| &nbsp;&nbsp;&nbsp; DR Horton, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 105930 | &nbsp;&nbsp;&nbsp;&nbsp; 17951957 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 77736 | &nbsp;&nbsp;&nbsp;&nbsp; 19140158 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 37092115 |
| **Independent Power and Renewable Electricity Producers — 0.6%** | **Independent Power and Renewable Electricity Producers — 0.6%** | **Independent Power and Renewable Electricity Producers — 0.6%** |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 216873 | &nbsp;&nbsp;&nbsp;&nbsp; 42489758 |
| **Industrial Conglomerates — 1.0%** | **Industrial Conglomerates — 1.0%** | **Industrial Conglomerates — 1.0%** |
| &nbsp;&nbsp;&nbsp; 3M Co. | &nbsp;&nbsp;&nbsp;&nbsp; 502130 | &nbsp;&nbsp;&nbsp;&nbsp; 77920533 |
| **Insurance — 0.2%** | **Insurance — 0.2%** | **Insurance — 0.2%** |
| &nbsp;&nbsp;&nbsp; Progressive Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 62335 | &nbsp;&nbsp;&nbsp;&nbsp; 15393628 |
| **Interactive Media & Services — 8.8%** | **Interactive Media & Services — 8.8%** | **Interactive Media & Services — 8.8%** |
| &nbsp;&nbsp;&nbsp; Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp; 1081315 | &nbsp;&nbsp;&nbsp;&nbsp; 263354268 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 544103 | &nbsp;&nbsp;&nbsp;&nbsp; 399578361 |
| &nbsp;&nbsp;&nbsp; Reddit, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 93414 | &nbsp;&nbsp;&nbsp;&nbsp; 21484286 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 684416915 |
| **IT Services — 2.8%** | **IT Services — 2.8%** | **IT Services — 2.8%** |
| &nbsp;&nbsp;&nbsp; Cloudflare, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 134729 | &nbsp;&nbsp;&nbsp;&nbsp; 28911496 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 182316 | &nbsp;&nbsp;&nbsp;&nbsp; 51442283 |
| &nbsp;&nbsp;&nbsp; Shopify, Inc., Class A (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 473863 | &nbsp;&nbsp;&nbsp;&nbsp; 70420781 |
| &nbsp;&nbsp;&nbsp; Snowflake, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 196444 | &nbsp;&nbsp;&nbsp;&nbsp; 44307944 |
| &nbsp;&nbsp;&nbsp; Twilio, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 219070 | &nbsp;&nbsp;&nbsp;&nbsp; 21926716 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 217009220 |
| **Life Sciences Tools & Services — 0.5%** | **Life Sciences Tools & Services — 0.5%** | **Life Sciences Tools & Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49223 | &nbsp;&nbsp;&nbsp;&nbsp; 9349417 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8679 | &nbsp;&nbsp;&nbsp;&nbsp; 10654427 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46034 | &nbsp;&nbsp;&nbsp;&nbsp; 22327411 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 42331255 |
| **Machinery — 0.9%** | **Machinery — 0.9%** | **Machinery — 0.9%** |
| &nbsp;&nbsp;&nbsp; Deere & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 51841 | &nbsp;&nbsp;&nbsp;&nbsp; 23704816 |
| &nbsp;&nbsp;&nbsp; Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 150425 | &nbsp;&nbsp;&nbsp;&nbsp; 12428113 |
| &nbsp;&nbsp;&nbsp; ITT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 193203 | &nbsp;&nbsp;&nbsp;&nbsp; 34536968 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 70669897 |

---

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Oil, Gas & Consumable Fuels — 0.9%** | **Oil, Gas & Consumable Fuels — 0.9%** | **Oil, Gas & Consumable Fuels — 0.9%** |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 119136 | &nbsp;&nbsp;&nbsp;&nbsp; 27994577 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 180407 | &nbsp;&nbsp;&nbsp;&nbsp; 20227233 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 311504 | &nbsp;&nbsp;&nbsp;&nbsp; 19733779 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 67955589 |
| **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 44392 | &nbsp;&nbsp;&nbsp;&nbsp; 33871096 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp; 64169 | &nbsp;&nbsp;&nbsp;&nbsp; 11898216 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 45769312 |
| **Real Estate Management & Development — 0.2%** | **Real Estate Management & Development — 0.2%** | **Real Estate Management & Development — 0.2%** |
| &nbsp;&nbsp;&nbsp; CBRE Group, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 85970 | &nbsp;&nbsp;&nbsp;&nbsp; 13545433 |
| **Semiconductors & Semiconductor Equipment — 17.8%** | **Semiconductors & Semiconductor Equipment — 17.8%** | **Semiconductors & Semiconductor Equipment — 17.8%** |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1103744 | &nbsp;&nbsp;&nbsp;&nbsp; 364136183 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 18272 | &nbsp;&nbsp;&nbsp;&nbsp; 2446621 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4967696 | &nbsp;&nbsp;&nbsp;&nbsp; 926872906 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 280919 | &nbsp;&nbsp;&nbsp;&nbsp; 13852116 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd., ADR (Taiwan) | &nbsp;&nbsp;&nbsp;&nbsp; 205623 | &nbsp;&nbsp;&nbsp;&nbsp; 57428447 |
| &nbsp;&nbsp;&nbsp; Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 136145 | &nbsp;&nbsp;&nbsp;&nbsp; 18738998 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1383475271 |
| **Software — 17.2%** | **Software — 17.2%** | **Software — 17.2%** |
| &nbsp;&nbsp;&nbsp; AppLovin Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 90289 | &nbsp;&nbsp;&nbsp;&nbsp; 64876258 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 84373 | &nbsp;&nbsp;&nbsp;&nbsp; 13474368 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 89786 | &nbsp;&nbsp;&nbsp;&nbsp; 44029259 |
| &nbsp;&nbsp;&nbsp; Figma, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 69909 | &nbsp;&nbsp;&nbsp;&nbsp; 3626180 |
| &nbsp;&nbsp;&nbsp; HubSpot, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44515 | &nbsp;&nbsp;&nbsp;&nbsp; 20824117 |
| &nbsp;&nbsp;&nbsp; Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 127258 | &nbsp;&nbsp;&nbsp;&nbsp; 86905761 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1496503 | &nbsp;&nbsp;&nbsp;&nbsp; 775113729 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 534201 | &nbsp;&nbsp;&nbsp;&nbsp; 150238689 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 280660 | &nbsp;&nbsp;&nbsp;&nbsp; 51197997 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 266308 | &nbsp;&nbsp;&nbsp;&nbsp; 54225635 |
| &nbsp;&nbsp;&nbsp; ServiceNow, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 56717 | &nbsp;&nbsp;&nbsp;&nbsp; 52195521 |
| &nbsp;&nbsp;&nbsp; Synopsys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29934 | &nbsp;&nbsp;&nbsp;&nbsp; 14769136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1331476650 |
| **Specialized REITs — 0.2%** | **Specialized REITs — 0.2%** | **Specialized REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 92602 | &nbsp;&nbsp;&nbsp;&nbsp; 17809217 |
| **Specialty Retail — 2.5%** | **Specialty Retail — 2.5%** | **Specialty Retail — 2.5%** |
| &nbsp;&nbsp;&nbsp; AutoZone, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 47192640 |
| &nbsp;&nbsp;&nbsp; Carvana Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 137889 | &nbsp;&nbsp;&nbsp;&nbsp; 52017246 |
| &nbsp;&nbsp;&nbsp; Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 67489 | &nbsp;&nbsp;&nbsp;&nbsp; 27345868 |
| &nbsp;&nbsp;&nbsp; TJX Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 271673 | &nbsp;&nbsp;&nbsp;&nbsp; 39267616 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48875 | &nbsp;&nbsp;&nbsp;&nbsp; 26722406 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 192545776 |
| **Technology Hardware, Storage & Peripherals — 6.9%** | **Technology Hardware, Storage & Peripherals — 6.9%** | **Technology Hardware, Storage & Peripherals — 6.9%** |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2117118 | &nbsp;&nbsp;&nbsp;&nbsp; 539081756 |

---

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Tobacco — 0.7%** | **Tobacco — 0.7%** | **Tobacco — 0.7%** |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 345205 | &nbsp;&nbsp;&nbsp;&nbsp; 55992251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $6,223,676,075)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 7636904890 |
| **Short-Term Investments — 2.2%** | **Short-Term Investments — 2.2%** | **Short-Term Investments — 2.2%** |
| **Investment Companies — 1.6%** | **Investment Companies — 1.6%** | **Investment Companies — 1.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.09% (b) (c) <br>(Cost $125,890,813)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 125890813 | &nbsp;&nbsp;&nbsp;&nbsp; 125890813 |
| **Investment of Cash Collateral from Securities Loaned — 0.6%** | **Investment of Cash Collateral from Securities Loaned — 0.6%** | **Investment of Cash Collateral from Securities Loaned — 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.20% (b) (c) <br>(Cost $46,523,880)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 46523880 | &nbsp;&nbsp;&nbsp;&nbsp; 46523880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $172,414,693)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 172414693 |
| **Total Investments — 100.6%** <br>**(Cost $6,396,090,768)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **7809319583** |
| **Liabilities in Excess of Other Assets — (0.6)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(45896667)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **7763422916** |

---

&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;

---

| | |
|:---|:---|
| **Abbreviations** |  |
| ADR | American Depositary Receipt |
| REIT | Real Estate Investment Trust |

---

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

\* Non-income producing security. 

(a) The security or a portion of this security is on loan at September 30, 2025. The total value of securities on loan at September 30, 2025 is $44,936,263.

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

(c) The rate shown is the current yield as of September 30, 2025.

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 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.

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

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

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; $7809319583 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $7809319583 |

---

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

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

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

------

**JPMorgan Active Growth ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF September 30, 2025 (Unaudited) (continued)

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** | **For the period ended September 30, 2025** |
| **Security Description** | **Value at** <br>**June 30,** <br>**2025**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**September 30,** <br>**2025**<br>| **Shares at** <br>**September 30,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending <br> Money Market Fund Agency <br> SL Class Shares, 4.20% <br> (a) (b)<br>| $— | $58292363 | $11768483 | $— | $— | $46523880 | 46523880 | $57053 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government <br> Money Market Fund <br> Class IM Shares, 4.09% <br> (a) (b)<br>| 79016524 | 55660200 | 8785911 |  |  | 125890813 | 125890813 | 1083501 |  |
| **Total** | $79016524 | $113952563 | $20554394 | $— | $— | $172414693 |  | $1140554 | $— |

---

&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 September 30, 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 Active Growth ETF

- **b. EDGAR series identifier (if any):** S000077070

- **c. LEI of Series:** 5493001GSJ14WQX68P70

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $7793836998.03

**Total Liabilities:** $49160434.87

**Net Assets:** $7744676563.16

**Cash Not Reported:** $405610.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237212 | 2.60%                | 0.72%                | 5.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $52905698.83             | $120049042.45                              |
| Month 2  | $41604451.17             | $5477260.54                                |
| Month 3  | $15033904.72             | $362893511.85                              |

**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        |     85762 | NS      | $13512660.72  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.               | Intercontinental Exchange, Inc.                                       | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    124430 | NS      | $20963966.40  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                  | Oracle Corp.                                                          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    532913 | NS      | $149876452.12 | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                               | Eaton Corp. plc                                                       | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      5316 | NS      | $1989513.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                            | Lam Research Corp.                                                    | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     18232 | NS      | $2441264.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.   | Taiwan Semiconductor Manufacturing Co. Ltd.                           | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    205127 | NS      | $57289919.83  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                 | Walmart, Inc.                                                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    664235 | NS      | $68456059.10  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group, Inc.               | Interactive Brokers Group, Inc., Class A                              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    404323 | NS      | $27821465.63  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                    | Crowdstrike Holdings, Inc., Class A                                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     89570 | NS      | $43923336.60  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                | Amphenol Corp., Class A                                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    193753 | NS      | $23976933.75  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets, Inc.                       | Robinhood Markets, Inc., Class A                                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    534565 | NS      | $76539016.70  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                  | AMETEK, Inc.                                                          | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    132289 | NS      | $24870332.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                  | NVIDIA Corp.                                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   4955705 | NS      | $924635438.90 | 11.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                              | Amazon.com, Inc.                                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1391547 | NS      | $305541974.79 | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd.                                      | Sea Ltd.                                                              | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |    193895 | NS      | $34654853.35  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.               | Hilton Worldwide Holdings, Inc.                                       | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     45772 | NS      | $11875087.68  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                | TechnipFMC plc                                                        | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |    548176 | NS      | $21625543.20  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                               | Eli Lilly & Co.                                                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     44288 | NS      | $33791744.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace, Inc.                        | Howmet Aerospace, Inc.                                                | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    174607 | NS      | $34263131.61  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                | Alphabet, Inc., Class C                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1078707 | NS      | $262719089.85 | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences, Inc.                  | Neurocrine Biosciences, Inc.                                          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |    175376 | NS      | $24619282.88  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed, Inc.                                  | Insmed, Inc.                                                          | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    591353 | NS      | $85160745.53  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                  | Intuit, Inc.                                                          | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    126954 | NS      | $86698156.14  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.         | International Business Machines Corp.                                 | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    181876 | NS      | $51318132.16  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake, Inc.                               | Snowflake, Inc., Class A                                              | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |    195972 | NS      | $44201484.60  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova, Inc.                              | GE Vernova, Inc.                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     74443 | NS      | $45775000.70  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc.            | Mettler-Toledo International, Inc.                                    | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |      8655 | NS      | $10624964.55  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                   | Apple, Inc.                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2112006 | NS      | $537780087.78 | 6.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                                 | Moody's Corp.                                                         | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     45187 | NS      | $21530701.76  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                | DoorDash, Inc., Class A                                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    404252 | NS      | $109952501.48 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                         | Cheniere Energy, Inc.                                                 | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    118848 | NS      | $27926903.04  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                       | Uber Technologies, Inc.                                               | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    706734 | NS      | $69238729.98  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                         | Spotify Technology SA                                                 | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |     55005 | NS      | $38393490.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                             | Johnson & Johnson                                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     64017 | NS      | $11870032.14  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                              | Mastercard, Inc., Class A                                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    332429 | NS      | $189088939.49 | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment plc                     | Flutter Entertainment plc                                             | CUSIP: N/A<br>LEI: 635400EG4YIJLJMZJ782       | Long             | EC               | CORP              | IE        |     74791 | NS      | $18996914.00  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions, Inc.        | Bright Horizons Family Solutions, Inc.                                | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36889 | NS      | $4005038.73   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                   | Tesla, Inc.                                                           | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    594769 | NS      | $264505669.68 | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health, Inc.                      | Hims & Hers Health, Inc.                                              | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |    274808 | NS      | $15587109.76  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Arista Networks, Inc.                         | Arista Networks, Inc.                                                 | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    136622 | NS      | $19907191.62  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                | Teradyne, Inc.                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    135817 | NS      | $18693851.88  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co., Inc.                               | KKR & Co., Inc.                                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     36579 | NS      | $4753441.05   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                       | Progressive Corp. (The)                                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     62183 | NS      | $15356091.85  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                        | Home Depot, Inc. (The)                                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     67329 | NS      | $27281037.51  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                        | Trane Technologies plc                                                | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |     77511 | NS      | $32706541.56  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                     | Williams Cos., Inc. (The)                                             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    310752 | NS      | $19686139.20  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                   | Carvana Co.                                                           | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    137553 | NS      | $51890493.72  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp.                                  | ROBLOX Corp., Class A                                                 | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    261455 | NS      | $36216746.60  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co.                                   | Deere & Co.                                                           | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     51713 | NS      | $23646286.38  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group, Inc.                         | TransDigm Group, Inc.                                                 | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8248 | NS      | $10871028.96  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                  | Natera, Inc.                                                          | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    326715 | NS      | $52591313.55  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                                | AutoZone, Inc.                                                        | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |     10976 | NS      | $47089674.24  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                | Broadcom, Inc.                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1101080 | NS      | $363257302.80 | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                                | McKesson Corp.                                                        | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     54491 | NS      | $42096477.14  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies, Inc.                       | SoFi Technologies, Inc.                                               | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |    767898 | NS      | $20287865.16  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                           | Abbott Laboratories                                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    358448 | NS      | $48010525.12  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                          | Meta Platforms, Inc., Class A                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    542791 | NS      | $398614854.58 | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot, Inc.                                 | HubSpot, Inc.                                                         | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     44411 | NS      | $20775465.80  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.             | Philip Morris International, Inc.                                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    344373 | NS      | $55857300.60  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                 | Alnylam Pharmaceuticals, Inc.                                         | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    130494 | NS      | $59505264.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies, Inc.                   | Palantir Technologies, Inc., Class A                                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    279980 | NS      | $51073951.60  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty, Inc.                             | Ulta Beauty, Inc.                                                     | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     48755 | NS      | $26656796.25  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                         | Eagle Materials, Inc.                                                 | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     62908 | NS      | $14660080.32  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone, Inc.                              | Blackstone, Inc.                                                      | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    373323 | NS      | $63782234.55  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                 | Netflix, Inc.                                                         | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    129939 | NS      | $155786465.88 | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                  | Casey's General Stores, Inc.                                          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     32239 | NS      | $18225351.48  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                      | Berkshire Hathaway, Inc., Class B                                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     28088 | NS      | $14120961.12  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                         | Quanta Services, Inc.                                                 | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |    147712 | NS      | $61214807.04  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                   | Ciena Corp.                                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    116991 | NS      | $17042078.97  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd.                    | Alibaba Group Holding Ltd.                                            | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    210103 | NS      | $37551709.19  | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Take-Two Interactive Software, Inc.           | Take-Two Interactive Software, Inc.                                   | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |    140904 | NS      | $36403957.44  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp.                               | Atlassian Corp., Class A                                              | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     84173 | NS      | $13442428.10  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio, Inc.                                  | Twilio, Inc., Class A                                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    218542 | NS      | $21873868.78  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                    | Charles Schwab Corp. (The)                                            | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    234990 | NS      | $22434495.30  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                  | Vistra Corp.                                                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    216353 | NS      | $42387879.76  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand, Inc.                          | Ingersoll Rand, Inc.                                                  | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    150065 | NS      | $12398370.30  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                           | Coca-Cola Co. (The)                                                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    326591 | NS      | $21659515.12  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                          | TJX Cos., Inc. (The)                                                  | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    271017 | NS      | $39172797.18  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                                | AppLovin Corp., Class A                                               | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     90073 | NS      | $64721053.42  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                              | ServiceNow, Inc.                                                      | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     56581 | NS      | $52070362.68  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings, Inc.                          | IQVIA Holdings, Inc.                                                  | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     49103 | NS      | $9326623.82   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Figma, Inc.                                   | Figma, Inc., Class A                                                  | CUSIP: 316841105<br>LEI: 254900273Q0J4Z65HU28 | Long             | EC               | CORP              | US        |     69741 | NS      | $3617465.67   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)               | Goldman Sachs Group, Inc. (The)                                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    119304 | NS      | $95007740.40  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                               | Microsoft Corp.                                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1492887 | NS      | $773240821.65 | 9.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica, Inc.                               | Celestica, Inc.                                                       | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     52774 | NS      | $13002458.12  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA, Inc.                     | Comfort Systems USA, Inc.                                             | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     10786 | NS      | $8900391.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co.                                        | 3M Co.                                                                | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |    500914 | NS      | $77731834.52  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT, Inc.                                     | ITT, Inc.                                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |    192739 | NS      | $34454023.64  | 0.44%             |  |  |  | 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        | 125890813 | NS      | $125890812.54 | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                            | MercadoLibre, Inc.                                                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     15640 | NS      | $36549741.60  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                     | RTX Corp.                                                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     90396 | NS      | $15125962.68  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                      | Intuitive Surgical, Inc.                                              | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     71384 | NS      | $31925066.32  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                  | AbbVie, Inc.                                                          | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    134366 | NS      | $31111103.64  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                        | ON Semiconductor Corp.                                                | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    280239 | NS      | $13818585.09  | 0.18%             |  |  |  | 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        |  46523880 | NS      | $46523879.55  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                                 | Shopify, Inc., Class A                                                | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    472719 | NS      | $70250770.59  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                        | Booking Holdings, Inc.                                                | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     15735 | NS      | $84957513.45  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets, Inc.                        | Tradeweb Markets, Inc., Class A                                       | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112113 | NS      | $12442300.74  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart, Inc.                                  | Copart, Inc.                                                          | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    407245 | NS      | $18313807.65  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                           | EOG Resources, Inc.                                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    179975 | NS      | $20178797.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                         | Gilead Sciences, Inc.                                                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    392882 | NS      | $43609902.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                | Thermo Fisher Scientific, Inc.                                        | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     45922 | NS      | $22273088.44  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                                | Synopsys, Inc.                                                        | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     29862 | NS      | $14733612.18  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                    | Visa, Inc., Class A                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     40156 | NS      | $13708455.28  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                              | McDonald's Corp.                                                      | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     62238 | NS      | $18913505.82  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                  | GE Aerospace                                                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    141330 | NS      | $42514890.60  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                          | American Tower Corp.                                                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     92378 | NS      | $17766136.96  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit, Inc.                                  | Reddit, Inc., Class A                                                 | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     93190 | NS      | $21432768.10  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd.                                   | Garmin Ltd.                                                           | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |     77552 | NS      | $19094853.44  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                               | DR Horton, Inc.                                                       | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    105674 | NS      | $17908572.78  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                              | Cloudflare, Inc., Class A                                             | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    134401 | NS      | $28841110.59  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                      | Palo Alto Networks, Inc.                                              | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    265668 | NS      | $54095318.16  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**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