# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-26-007432
**Filing Date:** 2026-3
**Character Count:** 391811
**Document Hash:** e6f957ba20da9433050aa8b4309abac9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007432.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007432

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**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:** 26805576

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### JPMorgan BetaBuilders U.S. Small Cap Equity ETF (Series ID: S000069185)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000221046 | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | BBSC            |

## Nport-Ex

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**Schedule of Portfolio Investments as of January 31, 2026**

**(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., 2026. |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — 98.9%** | **Common Stocks — 98.9%** | **Common Stocks — 98.9%** |
| **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** |
| &nbsp;&nbsp;&nbsp; AAR Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13952 | &nbsp;&nbsp;&nbsp;&nbsp; 1477656 |
| &nbsp;&nbsp;&nbsp; Cadre Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9220 | &nbsp;&nbsp;&nbsp;&nbsp; 368892 |
| &nbsp;&nbsp;&nbsp; Firefly Aerospace, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10117 | &nbsp;&nbsp;&nbsp;&nbsp; 254949 |
| &nbsp;&nbsp;&nbsp; Mercury Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19482 | &nbsp;&nbsp;&nbsp;&nbsp; 1828970 |
| &nbsp;&nbsp;&nbsp; Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 10632 | &nbsp;&nbsp;&nbsp;&nbsp; 3246481 |
| &nbsp;&nbsp;&nbsp; V2X, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6447 | &nbsp;&nbsp;&nbsp;&nbsp; 443747 |
| &nbsp;&nbsp;&nbsp; Voyager Technologies, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 4852 | &nbsp;&nbsp;&nbsp;&nbsp; 148132 |
| &nbsp;&nbsp;&nbsp; VSE Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7942 | &nbsp;&nbsp;&nbsp;&nbsp; 1735883 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9504710 |
| **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** |
| &nbsp;&nbsp;&nbsp; Hub Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 21186 | &nbsp;&nbsp;&nbsp;&nbsp; 1008030 |
| **Automobile Components — 1.6%** | **Automobile Components — 1.6%** | **Automobile Components — 1.6%** |
| &nbsp;&nbsp;&nbsp; Adient plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 31631 | &nbsp;&nbsp;&nbsp;&nbsp; 657925 |
| &nbsp;&nbsp;&nbsp; Dana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 39719 | &nbsp;&nbsp;&nbsp;&nbsp; 1147879 |
| &nbsp;&nbsp;&nbsp; Dorman Products, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9862 | &nbsp;&nbsp;&nbsp;&nbsp; 1224860 |
| &nbsp;&nbsp;&nbsp; Garrett Motion, Inc. (Switzerland) | &nbsp;&nbsp;&nbsp;&nbsp; 43786 | &nbsp;&nbsp;&nbsp;&nbsp; 789899 |
| &nbsp;&nbsp;&nbsp; Gentherm, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11176 | &nbsp;&nbsp;&nbsp;&nbsp; 357185 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 97150 | &nbsp;&nbsp;&nbsp;&nbsp; 914182 |
| &nbsp;&nbsp;&nbsp; Kodiak AI, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 35828 | &nbsp;&nbsp;&nbsp;&nbsp; 326393 |
| &nbsp;&nbsp;&nbsp; LCI Industries | &nbsp;&nbsp;&nbsp;&nbsp; 9125 | &nbsp;&nbsp;&nbsp;&nbsp; 1338546 |
| &nbsp;&nbsp;&nbsp; Mobileye Global, Inc., Class A (Israel) \* | &nbsp;&nbsp;&nbsp;&nbsp; 58506 | &nbsp;&nbsp;&nbsp;&nbsp; 525384 |
| &nbsp;&nbsp;&nbsp; Patrick Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12185 | &nbsp;&nbsp;&nbsp;&nbsp; 1537381 |
| &nbsp;&nbsp;&nbsp; Phinia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14762 | &nbsp;&nbsp;&nbsp;&nbsp; 1050612 |
| &nbsp;&nbsp;&nbsp; Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9265 | &nbsp;&nbsp;&nbsp;&nbsp; 841818 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10712064 |
| **Automobiles — 0.2%** | **Automobiles — 0.2%** | **Automobiles — 0.2%** |
| &nbsp;&nbsp;&nbsp; Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42719 | &nbsp;&nbsp;&nbsp;&nbsp; 845836 |
| &nbsp;&nbsp;&nbsp; Winnebago Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9330 | &nbsp;&nbsp;&nbsp;&nbsp; 428341 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1274177 |
| **Banks — 9.7%** | **Banks — 9.7%** | **Banks — 9.7%** |
| &nbsp;&nbsp;&nbsp; 1st Source Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6993 | &nbsp;&nbsp;&nbsp;&nbsp; 470839 |
| &nbsp;&nbsp;&nbsp; Ameris Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 23534 | &nbsp;&nbsp;&nbsp;&nbsp; 1897311 |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 61920 | &nbsp;&nbsp;&nbsp;&nbsp; 1687939 |
| &nbsp;&nbsp;&nbsp; Atlantic Union Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 49607 | &nbsp;&nbsp;&nbsp;&nbsp; 1926736 |
| &nbsp;&nbsp;&nbsp; Axos Financial, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18604 | &nbsp;&nbsp;&nbsp;&nbsp; 1841610 |
| &nbsp;&nbsp;&nbsp; Banc of California, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46310 | &nbsp;&nbsp;&nbsp;&nbsp; 925274 |
| &nbsp;&nbsp;&nbsp; BancFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7802 | &nbsp;&nbsp;&nbsp;&nbsp; 857830 |
| &nbsp;&nbsp;&nbsp; Bancorp, Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 15651 | &nbsp;&nbsp;&nbsp;&nbsp; 930295 |
| &nbsp;&nbsp;&nbsp; Bank of Hawaii Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14757 | &nbsp;&nbsp;&nbsp;&nbsp; 1103528 |
| &nbsp;&nbsp;&nbsp; BankUnited, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26480 | &nbsp;&nbsp;&nbsp;&nbsp; 1257006 |
| &nbsp;&nbsp;&nbsp; Banner Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11867 | &nbsp;&nbsp;&nbsp;&nbsp; 733855 |
| &nbsp;&nbsp;&nbsp; Beacon Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 30689 | &nbsp;&nbsp;&nbsp;&nbsp; 870033 |
| &nbsp;&nbsp;&nbsp; Cathay General Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 24090 | &nbsp;&nbsp;&nbsp;&nbsp; 1232926 |
| &nbsp;&nbsp;&nbsp; City Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5345 | &nbsp;&nbsp;&nbsp;&nbsp; 657916 |
| &nbsp;&nbsp;&nbsp; Columbia Financial, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10265 | &nbsp;&nbsp;&nbsp;&nbsp; 167012 |
| &nbsp;&nbsp;&nbsp; Community Financial System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19213 | &nbsp;&nbsp;&nbsp;&nbsp; 1200812 |
| &nbsp;&nbsp;&nbsp; Customers Bancorp, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11964 | &nbsp;&nbsp;&nbsp;&nbsp; 945395 |
| &nbsp;&nbsp;&nbsp; CVB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 45943 | &nbsp;&nbsp;&nbsp;&nbsp; 905536 |
| &nbsp;&nbsp;&nbsp; Dime Community Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15326 | &nbsp;&nbsp;&nbsp;&nbsp; 521390 |
| &nbsp;&nbsp;&nbsp; Eastern Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 80183 | &nbsp;&nbsp;&nbsp;&nbsp; 1642549 |
| &nbsp;&nbsp;&nbsp; Enterprise Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 13685 | &nbsp;&nbsp;&nbsp;&nbsp; 784835 |
| &nbsp;&nbsp;&nbsp; FB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14747 | &nbsp;&nbsp;&nbsp;&nbsp; 848395 |
| &nbsp;&nbsp;&nbsp; First Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 14628 | &nbsp;&nbsp;&nbsp;&nbsp; 847400 |
| &nbsp;&nbsp;&nbsp; First BanCorp (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 55139 | &nbsp;&nbsp;&nbsp;&nbsp; 1219675 |
| &nbsp;&nbsp;&nbsp; First Busey Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 32379 | &nbsp;&nbsp;&nbsp;&nbsp; 798142 |
| &nbsp;&nbsp;&nbsp; First Commonwealth Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 35840 | &nbsp;&nbsp;&nbsp;&nbsp; 646195 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Banks — continued** | **Banks — continued** | **Banks — continued** |
| &nbsp;&nbsp;&nbsp; First Financial Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 34896 | &nbsp;&nbsp;&nbsp;&nbsp; 1002911 |
| &nbsp;&nbsp;&nbsp; First Hawaiian, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45399 | &nbsp;&nbsp;&nbsp;&nbsp; 1205343 |
| &nbsp;&nbsp;&nbsp; First Interstate BancSystem, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 33146 | &nbsp;&nbsp;&nbsp;&nbsp; 1175689 |
| &nbsp;&nbsp;&nbsp; First Merchants Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21793 | &nbsp;&nbsp;&nbsp;&nbsp; 866490 |
| &nbsp;&nbsp;&nbsp; Flagstar Bank NA | &nbsp;&nbsp;&nbsp;&nbsp; 112623 | &nbsp;&nbsp;&nbsp;&nbsp; 1488876 |
| &nbsp;&nbsp;&nbsp; Fulton Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 68496 | &nbsp;&nbsp;&nbsp;&nbsp; 1414442 |
| &nbsp;&nbsp;&nbsp; German American Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13796 | &nbsp;&nbsp;&nbsp;&nbsp; 580398 |
| &nbsp;&nbsp;&nbsp; Hilltop Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15299 | &nbsp;&nbsp;&nbsp;&nbsp; 572948 |
| &nbsp;&nbsp;&nbsp; Hope Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46104 | &nbsp;&nbsp;&nbsp;&nbsp; 552326 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17887 | &nbsp;&nbsp;&nbsp;&nbsp; 1444912 |
| &nbsp;&nbsp;&nbsp; International Bancshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20162 | &nbsp;&nbsp;&nbsp;&nbsp; 1404082 |
| &nbsp;&nbsp;&nbsp; Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9471 | &nbsp;&nbsp;&nbsp;&nbsp; 564472 |
| &nbsp;&nbsp;&nbsp; Live Oak Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13411 | &nbsp;&nbsp;&nbsp;&nbsp; 535904 |
| &nbsp;&nbsp;&nbsp; Mechanics Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 17946 | &nbsp;&nbsp;&nbsp;&nbsp; 269010 |
| &nbsp;&nbsp;&nbsp; National Bank Holdings Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 12719 | &nbsp;&nbsp;&nbsp;&nbsp; 511049 |
| &nbsp;&nbsp;&nbsp; NBT Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18517 | &nbsp;&nbsp;&nbsp;&nbsp; 822710 |
| &nbsp;&nbsp;&nbsp; Nicolet Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5160 | &nbsp;&nbsp;&nbsp;&nbsp; 753257 |
| &nbsp;&nbsp;&nbsp; Northwest Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49587 | &nbsp;&nbsp;&nbsp;&nbsp; 638681 |
| &nbsp;&nbsp;&nbsp; OceanFirst Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20788 | &nbsp;&nbsp;&nbsp;&nbsp; 389775 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 15763 | &nbsp;&nbsp;&nbsp;&nbsp; 635249 |
| &nbsp;&nbsp;&nbsp; Origin Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11106 | &nbsp;&nbsp;&nbsp;&nbsp; 475670 |
| &nbsp;&nbsp;&nbsp; Park National Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5518 | &nbsp;&nbsp;&nbsp;&nbsp; 899103 |
| &nbsp;&nbsp;&nbsp; Pathward Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8849 | &nbsp;&nbsp;&nbsp;&nbsp; 798976 |
| &nbsp;&nbsp;&nbsp; Preferred Bank | &nbsp;&nbsp;&nbsp;&nbsp; 4466 | &nbsp;&nbsp;&nbsp;&nbsp; 383049 |
| &nbsp;&nbsp;&nbsp; Provident Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45495 | &nbsp;&nbsp;&nbsp;&nbsp; 1007259 |
| &nbsp;&nbsp;&nbsp; Renasant Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 34660 | &nbsp;&nbsp;&nbsp;&nbsp; 1307029 |
| &nbsp;&nbsp;&nbsp; Republic Bancorp, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 3144 | &nbsp;&nbsp;&nbsp;&nbsp; 228286 |
| &nbsp;&nbsp;&nbsp; S&T Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13039 | &nbsp;&nbsp;&nbsp;&nbsp; 555983 |
| &nbsp;&nbsp;&nbsp; Seacoast Banking Corp. of Florida | &nbsp;&nbsp;&nbsp;&nbsp; 29873 | &nbsp;&nbsp;&nbsp;&nbsp; 998953 |
| &nbsp;&nbsp;&nbsp; ServisFirst Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20407 | &nbsp;&nbsp;&nbsp;&nbsp; 1670313 |
| &nbsp;&nbsp;&nbsp; Simmons First National Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 51436 | &nbsp;&nbsp;&nbsp;&nbsp; 1045694 |
| &nbsp;&nbsp;&nbsp; Stellar Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18530 | &nbsp;&nbsp;&nbsp;&nbsp; 688204 |
| &nbsp;&nbsp;&nbsp; Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9832 | &nbsp;&nbsp;&nbsp;&nbsp; 665528 |
| &nbsp;&nbsp;&nbsp; Texas Capital Bancshares, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16171 | &nbsp;&nbsp;&nbsp;&nbsp; 1636020 |
| &nbsp;&nbsp;&nbsp; Towne Bank | &nbsp;&nbsp;&nbsp;&nbsp; 25982 | &nbsp;&nbsp;&nbsp;&nbsp; 909370 |
| &nbsp;&nbsp;&nbsp; TriCo Bancshares | &nbsp;&nbsp;&nbsp;&nbsp; 11340 | &nbsp;&nbsp;&nbsp;&nbsp; 564959 |
| &nbsp;&nbsp;&nbsp; Triumph Financial, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8136 | &nbsp;&nbsp;&nbsp;&nbsp; 513300 |
| &nbsp;&nbsp;&nbsp; Trustmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21461 | &nbsp;&nbsp;&nbsp;&nbsp; 912522 |
| &nbsp;&nbsp;&nbsp; United Community Banks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42660 | &nbsp;&nbsp;&nbsp;&nbsp; 1468784 |
| &nbsp;&nbsp;&nbsp; WaFd, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28359 | &nbsp;&nbsp;&nbsp;&nbsp; 925071 |
| &nbsp;&nbsp;&nbsp; WesBanco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33995 | &nbsp;&nbsp;&nbsp;&nbsp; 1199683 |
| &nbsp;&nbsp;&nbsp; Westamerica BanCorp | &nbsp;&nbsp;&nbsp;&nbsp; 8985 | &nbsp;&nbsp;&nbsp;&nbsp; 454461 |
| &nbsp;&nbsp;&nbsp; WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20282 | &nbsp;&nbsp;&nbsp;&nbsp; 1312854 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 64370029 |
| **Beverages — 0.3%** | **Beverages — 0.3%** | **Beverages — 0.3%** |
| &nbsp;&nbsp;&nbsp; Boston Beer Co., Inc. (The), Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 2995 | &nbsp;&nbsp;&nbsp;&nbsp; 639792 |
| &nbsp;&nbsp;&nbsp; National Beverage Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10041 | &nbsp;&nbsp;&nbsp;&nbsp; 342197 |
| &nbsp;&nbsp;&nbsp; Vita Coco Co., Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 15426 | &nbsp;&nbsp;&nbsp;&nbsp; 822977 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1804966 |
| **Biotechnology — 8.7%** | **Biotechnology — 8.7%** | **Biotechnology — 8.7%** |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46558 | &nbsp;&nbsp;&nbsp;&nbsp; 1170003 |
| &nbsp;&nbsp;&nbsp; ADMA Biologics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 88026 | &nbsp;&nbsp;&nbsp;&nbsp; 1522850 |
| &nbsp;&nbsp;&nbsp; Agios Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21642 | &nbsp;&nbsp;&nbsp;&nbsp; 593857 |
| &nbsp;&nbsp;&nbsp; Amicus Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 96191 | &nbsp;&nbsp;&nbsp;&nbsp; 1374569 |
| &nbsp;&nbsp;&nbsp; Apellis Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30051 | &nbsp;&nbsp;&nbsp;&nbsp; 678552 |
| &nbsp;&nbsp;&nbsp; Apogee Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12692 | &nbsp;&nbsp;&nbsp;&nbsp; 831453 |
| &nbsp;&nbsp;&nbsp; Arcellx, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14356 | &nbsp;&nbsp;&nbsp;&nbsp; 980658 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Biotechnology — continued** | **Biotechnology — continued** | **Biotechnology — continued** |
| &nbsp;&nbsp;&nbsp; Arcus Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31745 | &nbsp;&nbsp;&nbsp;&nbsp; 667915 |
| &nbsp;&nbsp;&nbsp; Arcutis Biotherapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40777 | &nbsp;&nbsp;&nbsp;&nbsp; 1034513 |
| &nbsp;&nbsp;&nbsp; Ardelyx, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 83742 | &nbsp;&nbsp;&nbsp;&nbsp; 643976 |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45206 | &nbsp;&nbsp;&nbsp;&nbsp; 3134132 |
| &nbsp;&nbsp;&nbsp; Aurinia Pharmaceuticals, Inc. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 44853 | &nbsp;&nbsp;&nbsp;&nbsp; 651714 |
| &nbsp;&nbsp;&nbsp; Beam Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 34460 | &nbsp;&nbsp;&nbsp;&nbsp; 951785 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 79954 | &nbsp;&nbsp;&nbsp;&nbsp; 526097 |
| &nbsp;&nbsp;&nbsp; Biohaven Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44213 | &nbsp;&nbsp;&nbsp;&nbsp; 523040 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 43078 | &nbsp;&nbsp;&nbsp;&nbsp; 1046795 |
| &nbsp;&nbsp;&nbsp; Celcuity, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6834 | &nbsp;&nbsp;&nbsp;&nbsp; 747776 |
| &nbsp;&nbsp;&nbsp; Celldex Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19728 | &nbsp;&nbsp;&nbsp;&nbsp; 485309 |
| &nbsp;&nbsp;&nbsp; CG oncology, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20583 | &nbsp;&nbsp;&nbsp;&nbsp; 1071345 |
| &nbsp;&nbsp;&nbsp; Cogent Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44096 | &nbsp;&nbsp;&nbsp;&nbsp; 1583487 |
| &nbsp;&nbsp;&nbsp; Denali Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53934 | &nbsp;&nbsp;&nbsp;&nbsp; 1172525 |
| &nbsp;&nbsp;&nbsp; Dianthus Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10709 | &nbsp;&nbsp;&nbsp;&nbsp; 571754 |
| &nbsp;&nbsp;&nbsp; Disc Medicine, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9803 | &nbsp;&nbsp;&nbsp;&nbsp; 757968 |
| &nbsp;&nbsp;&nbsp; Dynavax Technologies Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39308 | &nbsp;&nbsp;&nbsp;&nbsp; 608684 |
| &nbsp;&nbsp;&nbsp; Dyne Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50402 | &nbsp;&nbsp;&nbsp;&nbsp; 901692 |
| &nbsp;&nbsp;&nbsp; GRAIL, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9450 | &nbsp;&nbsp;&nbsp;&nbsp; 924399 |
| &nbsp;&nbsp;&nbsp; Ideaya Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31719 | &nbsp;&nbsp;&nbsp;&nbsp; 1021035 |
| &nbsp;&nbsp;&nbsp; ImmunityBio, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 125030 | &nbsp;&nbsp;&nbsp;&nbsp; 781438 |
| &nbsp;&nbsp;&nbsp; Immunovant, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 29576 | &nbsp;&nbsp;&nbsp;&nbsp; 768976 |
| &nbsp;&nbsp;&nbsp; Intellia Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 36916 | &nbsp;&nbsp;&nbsp;&nbsp; 485445 |
| &nbsp;&nbsp;&nbsp; Janux Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 14502 | &nbsp;&nbsp;&nbsp;&nbsp; 198822 |
| &nbsp;&nbsp;&nbsp; Krystal Biotech, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9747 | &nbsp;&nbsp;&nbsp;&nbsp; 2721752 |
| &nbsp;&nbsp;&nbsp; Kymera Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20254 | &nbsp;&nbsp;&nbsp;&nbsp; 1472263 |
| &nbsp;&nbsp;&nbsp; MannKind Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 111579 | &nbsp;&nbsp;&nbsp;&nbsp; 644927 |
| &nbsp;&nbsp;&nbsp; Mineralys Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18702 | &nbsp;&nbsp;&nbsp;&nbsp; 577705 |
| &nbsp;&nbsp;&nbsp; Mirum Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14650 | &nbsp;&nbsp;&nbsp;&nbsp; 1512173 |
| &nbsp;&nbsp;&nbsp; Nuvalent, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 16916 | &nbsp;&nbsp;&nbsp;&nbsp; 1740487 |
| &nbsp;&nbsp;&nbsp; Praxis Precision Medicines, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8468 | &nbsp;&nbsp;&nbsp;&nbsp; 2658952 |
| &nbsp;&nbsp;&nbsp; Precigen, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 69600 | &nbsp;&nbsp;&nbsp;&nbsp; 312504 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19768 | &nbsp;&nbsp;&nbsp;&nbsp; 1617022 |
| &nbsp;&nbsp;&nbsp; PTC Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26638 | &nbsp;&nbsp;&nbsp;&nbsp; 2011968 |
| &nbsp;&nbsp;&nbsp; Recursion Pharmaceuticals, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 124453 | &nbsp;&nbsp;&nbsp;&nbsp; 521458 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19723 | &nbsp;&nbsp;&nbsp;&nbsp; 2022002 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38169 | &nbsp;&nbsp;&nbsp;&nbsp; 776358 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26438 | &nbsp;&nbsp;&nbsp;&nbsp; 1172261 |
| &nbsp;&nbsp;&nbsp; Sionna Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 4481 | &nbsp;&nbsp;&nbsp;&nbsp; 189367 |
| &nbsp;&nbsp;&nbsp; Soleno Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16080 | &nbsp;&nbsp;&nbsp;&nbsp; 620045 |
| &nbsp;&nbsp;&nbsp; Spyre Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 21123 | &nbsp;&nbsp;&nbsp;&nbsp; 675514 |
| &nbsp;&nbsp;&nbsp; Stoke Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14671 | &nbsp;&nbsp;&nbsp;&nbsp; 445118 |
| &nbsp;&nbsp;&nbsp; Syndax Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29921 | &nbsp;&nbsp;&nbsp;&nbsp; 607696 |
| &nbsp;&nbsp;&nbsp; Travere Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31513 | &nbsp;&nbsp;&nbsp;&nbsp; 979739 |
| &nbsp;&nbsp;&nbsp; Twist Bioscience Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 22432 | &nbsp;&nbsp;&nbsp;&nbsp; 921282 |
| &nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33518 | &nbsp;&nbsp;&nbsp;&nbsp; 806778 |
| &nbsp;&nbsp;&nbsp; uniQure NV (Netherlands) \* | &nbsp;&nbsp;&nbsp;&nbsp; 19878 | &nbsp;&nbsp;&nbsp;&nbsp; 451628 |
| &nbsp;&nbsp;&nbsp; Vera Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20428 | &nbsp;&nbsp;&nbsp;&nbsp; 883715 |
| &nbsp;&nbsp;&nbsp; Veracyte, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27084 | &nbsp;&nbsp;&nbsp;&nbsp; 1031359 |
| &nbsp;&nbsp;&nbsp; Vericel Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18913 | &nbsp;&nbsp;&nbsp;&nbsp; 680490 |
| &nbsp;&nbsp;&nbsp; Viridian Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30688 | &nbsp;&nbsp;&nbsp;&nbsp; 1012704 |
| &nbsp;&nbsp;&nbsp; Xencor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22277 | &nbsp;&nbsp;&nbsp;&nbsp; 269329 |
| &nbsp;&nbsp;&nbsp; Zenas Biopharma, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9685 | &nbsp;&nbsp;&nbsp;&nbsp; 177913 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 57927073 |
| **Broadline Retail — 0.0% ^** | **Broadline Retail — 0.0% ^** | **Broadline Retail — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Pattern Group, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 12122 | &nbsp;&nbsp;&nbsp;&nbsp; 167526 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Building Products — 1.4%** | **Building Products — 1.4%** | **Building Products — 1.4%** |
| &nbsp;&nbsp;&nbsp; AZZ, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10636 | &nbsp;&nbsp;&nbsp;&nbsp; 1321948 |
| &nbsp;&nbsp;&nbsp; CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6210 | &nbsp;&nbsp;&nbsp;&nbsp; 1676576 |
| &nbsp;&nbsp;&nbsp; Gibraltar Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11024 | &nbsp;&nbsp;&nbsp;&nbsp; 565090 |
| &nbsp;&nbsp;&nbsp; Griffon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15063 | &nbsp;&nbsp;&nbsp;&nbsp; 1226881 |
| &nbsp;&nbsp;&nbsp; Hayward Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 76025 | &nbsp;&nbsp;&nbsp;&nbsp; 1227044 |
| &nbsp;&nbsp;&nbsp; Janus International Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40809 | &nbsp;&nbsp;&nbsp;&nbsp; 279950 |
| &nbsp;&nbsp;&nbsp; Masterbrand, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45782 | &nbsp;&nbsp;&nbsp;&nbsp; 554878 |
| &nbsp;&nbsp;&nbsp; Resideo Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 52440 | &nbsp;&nbsp;&nbsp;&nbsp; 1796594 |
| &nbsp;&nbsp;&nbsp; Tecnoglass, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8995 | &nbsp;&nbsp;&nbsp;&nbsp; 439946 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9088907 |
| **Capital Markets — 2.6%** | **Capital Markets — 2.6%** | **Capital Markets — 2.6%** |
| &nbsp;&nbsp;&nbsp; Acadian Asset Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10380 | &nbsp;&nbsp;&nbsp;&nbsp; 575260 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 26305 | &nbsp;&nbsp;&nbsp;&nbsp; 1171099 |
| &nbsp;&nbsp;&nbsp; BGC Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 133445 | &nbsp;&nbsp;&nbsp;&nbsp; 1215684 |
| &nbsp;&nbsp;&nbsp; DigitalBridge Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57147 | &nbsp;&nbsp;&nbsp;&nbsp; 879492 |
| &nbsp;&nbsp;&nbsp; Donnelley Financial Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9471 | &nbsp;&nbsp;&nbsp;&nbsp; 490124 |
| &nbsp;&nbsp;&nbsp; Miami International Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6256 | &nbsp;&nbsp;&nbsp;&nbsp; 261063 |
| &nbsp;&nbsp;&nbsp; Moelis & Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28025 | &nbsp;&nbsp;&nbsp;&nbsp; 2008552 |
| &nbsp;&nbsp;&nbsp; Piper Sandler Cos. | &nbsp;&nbsp;&nbsp;&nbsp; 5776 | &nbsp;&nbsp;&nbsp;&nbsp; 2000517 |
| &nbsp;&nbsp;&nbsp; PJT Partners, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8358 | &nbsp;&nbsp;&nbsp;&nbsp; 1446185 |
| &nbsp;&nbsp;&nbsp; StepStone Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 23924 | &nbsp;&nbsp;&nbsp;&nbsp; 1691187 |
| &nbsp;&nbsp;&nbsp; StoneX Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17052 | &nbsp;&nbsp;&nbsp;&nbsp; 1914257 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 17326 | &nbsp;&nbsp;&nbsp;&nbsp; 1222003 |
| &nbsp;&nbsp;&nbsp; Virtu Financial, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 30427 | &nbsp;&nbsp;&nbsp;&nbsp; 1263025 |
| &nbsp;&nbsp;&nbsp; Virtus Investment Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2375 | &nbsp;&nbsp;&nbsp;&nbsp; 387719 |
| &nbsp;&nbsp;&nbsp; WisdomTree, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 44826 | &nbsp;&nbsp;&nbsp;&nbsp; 726181 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17252348 |
| **Chemicals — 2.1%** | **Chemicals — 2.1%** | **Chemicals — 2.1%** |
| &nbsp;&nbsp;&nbsp; Ashland, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16688 | &nbsp;&nbsp;&nbsp;&nbsp; 1020638 |
| &nbsp;&nbsp;&nbsp; Avient Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 32915 | &nbsp;&nbsp;&nbsp;&nbsp; 1189877 |
| &nbsp;&nbsp;&nbsp; Chemours Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 56023 | &nbsp;&nbsp;&nbsp;&nbsp; 839785 |
| &nbsp;&nbsp;&nbsp; FMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 43320 | &nbsp;&nbsp;&nbsp;&nbsp; 684456 |
| &nbsp;&nbsp;&nbsp; Hawkins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7199 | &nbsp;&nbsp;&nbsp;&nbsp; 937670 |
| &nbsp;&nbsp;&nbsp; HB Fuller Co. | &nbsp;&nbsp;&nbsp;&nbsp; 19641 | &nbsp;&nbsp;&nbsp;&nbsp; 1180424 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 58980 | &nbsp;&nbsp;&nbsp;&nbsp; 638164 |
| &nbsp;&nbsp;&nbsp; Ingevity Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 12356 | &nbsp;&nbsp;&nbsp;&nbsp; 812901 |
| &nbsp;&nbsp;&nbsp; Innospec, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8948 | &nbsp;&nbsp;&nbsp;&nbsp; 731230 |
| &nbsp;&nbsp;&nbsp; Minerals Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10966 | &nbsp;&nbsp;&nbsp;&nbsp; 721124 |
| &nbsp;&nbsp;&nbsp; Olin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 41960 | &nbsp;&nbsp;&nbsp;&nbsp; 873188 |
| &nbsp;&nbsp;&nbsp; Perimeter Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50351 | &nbsp;&nbsp;&nbsp;&nbsp; 1316679 |
| &nbsp;&nbsp;&nbsp; PureCycle Technologies, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 49208 | &nbsp;&nbsp;&nbsp;&nbsp; 470428 |
| &nbsp;&nbsp;&nbsp; Quaker Chemical Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 5226 | &nbsp;&nbsp;&nbsp;&nbsp; 803445 |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 16394 | &nbsp;&nbsp;&nbsp;&nbsp; 1052823 |
| &nbsp;&nbsp;&nbsp; Stepan Co. | &nbsp;&nbsp;&nbsp;&nbsp; 7741 | &nbsp;&nbsp;&nbsp;&nbsp; 445959 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13718791 |
| **Commercial Services & Supplies — 1.8%** | **Commercial Services & Supplies — 1.8%** | **Commercial Services & Supplies — 1.8%** |
| &nbsp;&nbsp;&nbsp; ABM Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21777 | &nbsp;&nbsp;&nbsp;&nbsp; 1002613 |
| &nbsp;&nbsp;&nbsp; ACV Auctions, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 58280 | &nbsp;&nbsp;&nbsp;&nbsp; 455167 |
| &nbsp;&nbsp;&nbsp; Brady Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16084 | &nbsp;&nbsp;&nbsp;&nbsp; 1390783 |
| &nbsp;&nbsp;&nbsp; BrightView Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21471 | &nbsp;&nbsp;&nbsp;&nbsp; 286852 |
| &nbsp;&nbsp;&nbsp; Brink's Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 15605 | &nbsp;&nbsp;&nbsp;&nbsp; 1982459 |
| &nbsp;&nbsp;&nbsp; Cimpress plc (Ireland) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 5718 | &nbsp;&nbsp;&nbsp;&nbsp; 452237 |
| &nbsp;&nbsp;&nbsp; CoreCivic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40870 | &nbsp;&nbsp;&nbsp;&nbsp; 757321 |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 49862 | &nbsp;&nbsp;&nbsp;&nbsp; 796795 |
| &nbsp;&nbsp;&nbsp; Healthcare Services Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25468 | &nbsp;&nbsp;&nbsp;&nbsp; 479308 |
| &nbsp;&nbsp;&nbsp; HNI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24938 | &nbsp;&nbsp;&nbsp;&nbsp; 1191787 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Commercial Services & Supplies — continued** | **Commercial Services & Supplies — continued** | **Commercial Services & Supplies — continued** |
| &nbsp;&nbsp;&nbsp; MillerKnoll, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25263 | &nbsp;&nbsp;&nbsp;&nbsp; 507281 |
| &nbsp;&nbsp;&nbsp; OPENLANE, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37774 | &nbsp;&nbsp;&nbsp;&nbsp; 1134731 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 56583 | &nbsp;&nbsp;&nbsp;&nbsp; 590161 |
| &nbsp;&nbsp;&nbsp; UniFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5419 | &nbsp;&nbsp;&nbsp;&nbsp; 1165085 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12192580 |
| **Communications Equipment — 1.6%** | **Communications Equipment — 1.6%** | **Communications Equipment — 1.6%** |
| &nbsp;&nbsp;&nbsp; Applied Optoelectronics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23651 | &nbsp;&nbsp;&nbsp;&nbsp; 1031420 |
| &nbsp;&nbsp;&nbsp; Calix, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22120 | &nbsp;&nbsp;&nbsp;&nbsp; 988100 |
| &nbsp;&nbsp;&nbsp; Digi International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13043 | &nbsp;&nbsp;&nbsp;&nbsp; 561762 |
| &nbsp;&nbsp;&nbsp; Extreme Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50088 | &nbsp;&nbsp;&nbsp;&nbsp; 730283 |
| &nbsp;&nbsp;&nbsp; Harmonic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42371 | &nbsp;&nbsp;&nbsp;&nbsp; 411846 |
| &nbsp;&nbsp;&nbsp; NetScout Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25291 | &nbsp;&nbsp;&nbsp;&nbsp; 703343 |
| &nbsp;&nbsp;&nbsp; Ondas, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 138338 | &nbsp;&nbsp;&nbsp;&nbsp; 1433182 |
| &nbsp;&nbsp;&nbsp; Viasat, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38883 | &nbsp;&nbsp;&nbsp;&nbsp; 1756345 |
| &nbsp;&nbsp;&nbsp; Viavi Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 78120 | &nbsp;&nbsp;&nbsp;&nbsp; 1910815 |
| &nbsp;&nbsp;&nbsp; Vistance Networks, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 77308 | &nbsp;&nbsp;&nbsp;&nbsp; 1391544 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10918640 |
| **Construction & Engineering — 2.2%** | **Construction & Engineering — 2.2%** | **Construction & Engineering — 2.2%** |
| &nbsp;&nbsp;&nbsp; Argan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4886 | &nbsp;&nbsp;&nbsp;&nbsp; 1695979 |
| &nbsp;&nbsp;&nbsp; Centuri Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9138 | &nbsp;&nbsp;&nbsp;&nbsp; 252209 |
| &nbsp;&nbsp;&nbsp; Construction Partners, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 17656 | &nbsp;&nbsp;&nbsp;&nbsp; 1940041 |
| &nbsp;&nbsp;&nbsp; Everus Construction Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19154 | &nbsp;&nbsp;&nbsp;&nbsp; 1694937 |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15559 | &nbsp;&nbsp;&nbsp;&nbsp; 1878594 |
| &nbsp;&nbsp;&nbsp; IES Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 3159 | &nbsp;&nbsp;&nbsp;&nbsp; 1201336 |
| &nbsp;&nbsp;&nbsp; Legence Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 10465 | &nbsp;&nbsp;&nbsp;&nbsp; 490913 |
| &nbsp;&nbsp;&nbsp; MYR Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5622 | &nbsp;&nbsp;&nbsp;&nbsp; 1405725 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20126 | &nbsp;&nbsp;&nbsp;&nbsp; 2983680 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 16376 | &nbsp;&nbsp;&nbsp;&nbsp; 1291903 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14835317 |
| **Construction Materials — 0.3%** | **Construction Materials — 0.3%** | **Construction Materials — 0.3%** |
| &nbsp;&nbsp;&nbsp; Knife River Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19200 | &nbsp;&nbsp;&nbsp;&nbsp; 1289664 |
| &nbsp;&nbsp;&nbsp; United States Lime & Minerals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4062 | &nbsp;&nbsp;&nbsp;&nbsp; 489593 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1779257 |
| **Consumer Finance — 1.0%** | **Consumer Finance — 1.0%** | **Consumer Finance — 1.0%** |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17190 | &nbsp;&nbsp;&nbsp;&nbsp; 1246963 |
| &nbsp;&nbsp;&nbsp; Dave, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 3703 | &nbsp;&nbsp;&nbsp;&nbsp; 606144 |
| &nbsp;&nbsp;&nbsp; Enova International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9026 | &nbsp;&nbsp;&nbsp;&nbsp; 1490824 |
| &nbsp;&nbsp;&nbsp; LendingClub Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41797 | &nbsp;&nbsp;&nbsp;&nbsp; 706787 |
| &nbsp;&nbsp;&nbsp; Navient Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26019 | &nbsp;&nbsp;&nbsp;&nbsp; 255246 |
| &nbsp;&nbsp;&nbsp; Nelnet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 4339 | &nbsp;&nbsp;&nbsp;&nbsp; 572314 |
| &nbsp;&nbsp;&nbsp; PROG Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14961 | &nbsp;&nbsp;&nbsp;&nbsp; 485335 |
| &nbsp;&nbsp;&nbsp; Upstart Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 31335 | &nbsp;&nbsp;&nbsp;&nbsp; 1229899 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6593512 |
| **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** |
| &nbsp;&nbsp;&nbsp; Andersons, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 12368 | &nbsp;&nbsp;&nbsp;&nbsp; 766692 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse, Inc. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 13759 | &nbsp;&nbsp;&nbsp;&nbsp; 865441 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 33805 | &nbsp;&nbsp;&nbsp;&nbsp; 322162 |
| &nbsp;&nbsp;&nbsp; Ingles Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 5460 | &nbsp;&nbsp;&nbsp;&nbsp; 408736 |
| &nbsp;&nbsp;&nbsp; PriceSmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8807 | &nbsp;&nbsp;&nbsp;&nbsp; 1252443 |
| &nbsp;&nbsp;&nbsp; United Natural Foods, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22373 | &nbsp;&nbsp;&nbsp;&nbsp; 832947 |
| &nbsp;&nbsp;&nbsp; Weis Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4777 | &nbsp;&nbsp;&nbsp;&nbsp; 339883 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4788304 |
| **Containers & Packaging — 0.3%** | **Containers & Packaging — 0.3%** | **Containers & Packaging — 0.3%** |
| &nbsp;&nbsp;&nbsp; Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 9033 | &nbsp;&nbsp;&nbsp;&nbsp; 637910 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Containers & Packaging — continued** | **Containers & Packaging — continued** | **Containers & Packaging — continued** |
| &nbsp;&nbsp;&nbsp; O-I Glass, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 55356 | &nbsp;&nbsp;&nbsp;&nbsp; 845840 |
| &nbsp;&nbsp;&nbsp; TriMas Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 12410 | &nbsp;&nbsp;&nbsp;&nbsp; 431496 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1915246 |
| **Diversified Consumer Services — 1.4%** | **Diversified Consumer Services — 1.4%** | **Diversified Consumer Services — 1.4%** |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13916 | &nbsp;&nbsp;&nbsp;&nbsp; 1441002 |
| &nbsp;&nbsp;&nbsp; Coursera, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 43163 | &nbsp;&nbsp;&nbsp;&nbsp; 261568 |
| &nbsp;&nbsp;&nbsp; Driven Brands Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23286 | &nbsp;&nbsp;&nbsp;&nbsp; 362097 |
| &nbsp;&nbsp;&nbsp; Frontdoor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27089 | &nbsp;&nbsp;&nbsp;&nbsp; 1601231 |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1262 | &nbsp;&nbsp;&nbsp;&nbsp; 1472287 |
| &nbsp;&nbsp;&nbsp; Laureate Education, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 46486 | &nbsp;&nbsp;&nbsp;&nbsp; 1594470 |
| &nbsp;&nbsp;&nbsp; Mister Car Wash, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39635 | &nbsp;&nbsp;&nbsp;&nbsp; 219974 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd. (Bahamas) | &nbsp;&nbsp;&nbsp;&nbsp; 35118 | &nbsp;&nbsp;&nbsp;&nbsp; 690069 |
| &nbsp;&nbsp;&nbsp; Strategic Education, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8342 | &nbsp;&nbsp;&nbsp;&nbsp; 709237 |
| &nbsp;&nbsp;&nbsp; Stride, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15169 | &nbsp;&nbsp;&nbsp;&nbsp; 1283297 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9635232 |
| **Diversified REITs — 0.4%** | **Diversified REITs — 0.4%** | **Diversified REITs — 0.4%** |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27373 | &nbsp;&nbsp;&nbsp;&nbsp; 567716 |
| &nbsp;&nbsp;&nbsp; American Assets Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17949 | &nbsp;&nbsp;&nbsp;&nbsp; 324159 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65138 | &nbsp;&nbsp;&nbsp;&nbsp; 1205704 |
| &nbsp;&nbsp;&nbsp; Global Net Lease, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 74998 | &nbsp;&nbsp;&nbsp;&nbsp; 709481 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2807060 |
| **Diversified Telecommunication Services — 0.5%** | **Diversified Telecommunication Services — 0.5%** | **Diversified Telecommunication Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; Cogent Communications Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16769 | &nbsp;&nbsp;&nbsp;&nbsp; 407487 |
| &nbsp;&nbsp;&nbsp; Globalstar, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18592 | &nbsp;&nbsp;&nbsp;&nbsp; 1145639 |
| &nbsp;&nbsp;&nbsp; Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36684 | &nbsp;&nbsp;&nbsp;&nbsp; 730745 |
| &nbsp;&nbsp;&nbsp; Liberty Latin America Ltd., Class C (Puerto Rico) \* | &nbsp;&nbsp;&nbsp;&nbsp; 40658 | &nbsp;&nbsp;&nbsp;&nbsp; 316319 |
| &nbsp;&nbsp;&nbsp; Uniti Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 68803 | &nbsp;&nbsp;&nbsp;&nbsp; 572441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3172631 |
| **Electric Utilities — 0.5%** | **Electric Utilities — 0.5%** | **Electric Utilities — 0.5%** |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 65076 | &nbsp;&nbsp;&nbsp;&nbsp; 996964 |
| &nbsp;&nbsp;&nbsp; MGE Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13768 | &nbsp;&nbsp;&nbsp;&nbsp; 1099788 |
| &nbsp;&nbsp;&nbsp; Otter Tail Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15623 | &nbsp;&nbsp;&nbsp;&nbsp; 1392947 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3489699 |
| **Electrical Equipment — 1.6%** | **Electrical Equipment — 1.6%** | **Electrical Equipment — 1.6%** |
| &nbsp;&nbsp;&nbsp; American Superconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16491 | &nbsp;&nbsp;&nbsp;&nbsp; 493411 |
| &nbsp;&nbsp;&nbsp; Amprius Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 36738 | &nbsp;&nbsp;&nbsp;&nbsp; 457021 |
| &nbsp;&nbsp;&nbsp; Atkore, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12222 | &nbsp;&nbsp;&nbsp;&nbsp; 848818 |
| &nbsp;&nbsp;&nbsp; Enovix Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 55202 | &nbsp;&nbsp;&nbsp;&nbsp; 365437 |
| &nbsp;&nbsp;&nbsp; Eos Energy Enterprises, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 95025 | &nbsp;&nbsp;&nbsp;&nbsp; 1391166 |
| &nbsp;&nbsp;&nbsp; NANO Nuclear Energy, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10981 | &nbsp;&nbsp;&nbsp;&nbsp; 322786 |
| &nbsp;&nbsp;&nbsp; NuScale Power Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 59312 | &nbsp;&nbsp;&nbsp;&nbsp; 1036774 |
| &nbsp;&nbsp;&nbsp; Plug Power, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 390514 | &nbsp;&nbsp;&nbsp;&nbsp; 825937 |
| &nbsp;&nbsp;&nbsp; Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3487 | &nbsp;&nbsp;&nbsp;&nbsp; 1546798 |
| &nbsp;&nbsp;&nbsp; Power Solutions International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2100 | &nbsp;&nbsp;&nbsp;&nbsp; 150486 |
| &nbsp;&nbsp;&nbsp; Sunrun, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 79383 | &nbsp;&nbsp;&nbsp;&nbsp; 1508277 |
| &nbsp;&nbsp;&nbsp; Vicor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8694 | &nbsp;&nbsp;&nbsp;&nbsp; 1370783 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10317694 |
| **Electronic Equipment, Instruments & Components — 3.3%** | **Electronic Equipment, Instruments & Components — 3.3%** | **Electronic Equipment, Instruments & Components — 3.3%** |
| &nbsp;&nbsp;&nbsp; Benchmark Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12044 | &nbsp;&nbsp;&nbsp;&nbsp; 627974 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co. | &nbsp;&nbsp;&nbsp;&nbsp; 20331 | &nbsp;&nbsp;&nbsp;&nbsp; 1027122 |
| &nbsp;&nbsp;&nbsp; CTS Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10825 | &nbsp;&nbsp;&nbsp;&nbsp; 556513 |
| &nbsp;&nbsp;&nbsp; ePlus, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9507 | &nbsp;&nbsp;&nbsp;&nbsp; 815796 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10507 | &nbsp;&nbsp;&nbsp;&nbsp; 882798 |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9791 | &nbsp;&nbsp;&nbsp;&nbsp; 904786 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Electronic Equipment, Instruments & Components — continued** | **Electronic Equipment, Instruments & Components — continued** | **Electronic Equipment, Instruments & Components — continued** |
| &nbsp;&nbsp;&nbsp; Itron, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17163 | &nbsp;&nbsp;&nbsp;&nbsp; 1700510 |
| &nbsp;&nbsp;&nbsp; Knowles Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30500 | &nbsp;&nbsp;&nbsp;&nbsp; 739320 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 85709 | &nbsp;&nbsp;&nbsp;&nbsp; 2129012 |
| &nbsp;&nbsp;&nbsp; Napco Security Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13059 | &nbsp;&nbsp;&nbsp;&nbsp; 481747 |
| &nbsp;&nbsp;&nbsp; nLight, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17855 | &nbsp;&nbsp;&nbsp;&nbsp; 814367 |
| &nbsp;&nbsp;&nbsp; OSI Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5943 | &nbsp;&nbsp;&nbsp;&nbsp; 1486582 |
| &nbsp;&nbsp;&nbsp; Ouster, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21089 | &nbsp;&nbsp;&nbsp;&nbsp; 439284 |
| &nbsp;&nbsp;&nbsp; PC Connection, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3987 | &nbsp;&nbsp;&nbsp;&nbsp; 234475 |
| &nbsp;&nbsp;&nbsp; Plexus Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9590 | &nbsp;&nbsp;&nbsp;&nbsp; 1911575 |
| &nbsp;&nbsp;&nbsp; Ralliant Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 42754 | &nbsp;&nbsp;&nbsp;&nbsp; 2264679 |
| &nbsp;&nbsp;&nbsp; Rogers Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6252 | &nbsp;&nbsp;&nbsp;&nbsp; 607945 |
| &nbsp;&nbsp;&nbsp; TTM Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 35537 | &nbsp;&nbsp;&nbsp;&nbsp; 3489733 |
| &nbsp;&nbsp;&nbsp; Vishay Intertechnology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38569 | &nbsp;&nbsp;&nbsp;&nbsp; 777165 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 21891383 |
| **Energy Equipment & Services — 2.6%** | **Energy Equipment & Services — 2.6%** | **Energy Equipment & Services — 2.6%** |
| &nbsp;&nbsp;&nbsp; Archrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64437 | &nbsp;&nbsp;&nbsp;&nbsp; 1906691 |
| &nbsp;&nbsp;&nbsp; Atlas Energy Solutions, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 27925 | &nbsp;&nbsp;&nbsp;&nbsp; 325885 |
| &nbsp;&nbsp;&nbsp; Cactus, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 25691 | &nbsp;&nbsp;&nbsp;&nbsp; 1444605 |
| &nbsp;&nbsp;&nbsp; Helix Energy Solutions Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48788 | &nbsp;&nbsp;&nbsp;&nbsp; 387377 |
| &nbsp;&nbsp;&nbsp; Helmerich & Payne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35429 | &nbsp;&nbsp;&nbsp;&nbsp; 1200334 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19739 | &nbsp;&nbsp;&nbsp;&nbsp; 829235 |
| &nbsp;&nbsp;&nbsp; Liberty Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 58910 | &nbsp;&nbsp;&nbsp;&nbsp; 1452131 |
| &nbsp;&nbsp;&nbsp; Noble Corp. plc | &nbsp;&nbsp;&nbsp;&nbsp; 47398 | &nbsp;&nbsp;&nbsp;&nbsp; 1688317 |
| &nbsp;&nbsp;&nbsp; Oceaneering International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37737 | &nbsp;&nbsp;&nbsp;&nbsp; 1135884 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 129032 | &nbsp;&nbsp;&nbsp;&nbsp; 971611 |
| &nbsp;&nbsp;&nbsp; RPC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33085 | &nbsp;&nbsp;&nbsp;&nbsp; 220015 |
| &nbsp;&nbsp;&nbsp; Seadrill Ltd. (Norway) \* | &nbsp;&nbsp;&nbsp;&nbsp; 22039 | &nbsp;&nbsp;&nbsp;&nbsp; 848061 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16694 | &nbsp;&nbsp;&nbsp;&nbsp; 921342 |
| &nbsp;&nbsp;&nbsp; Tidewater, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17514 | &nbsp;&nbsp;&nbsp;&nbsp; 1094450 |
| &nbsp;&nbsp;&nbsp; Transocean Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 327879 | &nbsp;&nbsp;&nbsp;&nbsp; 1629559 |
| &nbsp;&nbsp;&nbsp; Valaris Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23018 | &nbsp;&nbsp;&nbsp;&nbsp; 1328829 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17384326 |
| **Entertainment — 0.8%** | **Entertainment — 0.8%** | **Entertainment — 0.8%** |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 193372 | &nbsp;&nbsp;&nbsp;&nbsp; 268787 |
| &nbsp;&nbsp;&nbsp; Atlanta Braves Holdings, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 3754 | &nbsp;&nbsp;&nbsp;&nbsp; 165251 |
| &nbsp;&nbsp;&nbsp; Atlanta Braves Holdings, Inc., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 17540 | &nbsp;&nbsp;&nbsp;&nbsp; 700372 |
| &nbsp;&nbsp;&nbsp; Cinemark Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37722 | &nbsp;&nbsp;&nbsp;&nbsp; 893257 |
| &nbsp;&nbsp;&nbsp; IMAX Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16518 | &nbsp;&nbsp;&nbsp;&nbsp; 576643 |
| &nbsp;&nbsp;&nbsp; Lionsgate Studios Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 84078 | &nbsp;&nbsp;&nbsp;&nbsp; 793696 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Entertainment Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14986 | &nbsp;&nbsp;&nbsp;&nbsp; 927184 |
| &nbsp;&nbsp;&nbsp; Sphere Entertainment Co. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 9152 | &nbsp;&nbsp;&nbsp;&nbsp; 874108 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5199298 |
| **Financial Services — 1.8%** | **Financial Services — 1.8%** | **Financial Services — 1.8%** |
| &nbsp;&nbsp;&nbsp; Burford Capital Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 75173 | &nbsp;&nbsp;&nbsp;&nbsp; 728426 |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15178 | &nbsp;&nbsp;&nbsp;&nbsp; 1099798 |
| &nbsp;&nbsp;&nbsp; EVERTEC, Inc. (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 22488 | &nbsp;&nbsp;&nbsp;&nbsp; 674865 |
| &nbsp;&nbsp;&nbsp; Federal Agricultural Mortgage Corp., Class C | &nbsp;&nbsp;&nbsp;&nbsp; 3218 | &nbsp;&nbsp;&nbsp;&nbsp; 544807 |
| &nbsp;&nbsp;&nbsp; Flywire Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39943 | &nbsp;&nbsp;&nbsp;&nbsp; 503282 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 44899 | &nbsp;&nbsp;&nbsp;&nbsp; 1544975 |
| &nbsp;&nbsp;&nbsp; Marqeta, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 150392 | &nbsp;&nbsp;&nbsp;&nbsp; 621119 |
| &nbsp;&nbsp;&nbsp; Merchants Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 7945 | &nbsp;&nbsp;&nbsp;&nbsp; 329400 |
| &nbsp;&nbsp;&nbsp; NCR Atleos Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27620 | &nbsp;&nbsp;&nbsp;&nbsp; 1030226 |
| &nbsp;&nbsp;&nbsp; NMI Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 27505 | &nbsp;&nbsp;&nbsp;&nbsp; 1064994 |
| &nbsp;&nbsp;&nbsp; Payoneer Global, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 77383 | &nbsp;&nbsp;&nbsp;&nbsp; 494477 |
| &nbsp;&nbsp;&nbsp; Remitly Global, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 58688 | &nbsp;&nbsp;&nbsp;&nbsp; 775855 |
| &nbsp;&nbsp;&nbsp; Sezzle, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 7113 | &nbsp;&nbsp;&nbsp;&nbsp; 449826 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Financial Services — continued** | **Financial Services — continued** | **Financial Services — continued** |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12318 | &nbsp;&nbsp;&nbsp;&nbsp; 774679 |
| &nbsp;&nbsp;&nbsp; Western Union Co. (The) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 124601 | &nbsp;&nbsp;&nbsp;&nbsp; 1167511 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11804240 |
| **Food Products — 0.9%** | **Food Products — 0.9%** | **Food Products — 0.9%** |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16148 | &nbsp;&nbsp;&nbsp;&nbsp; 1348842 |
| &nbsp;&nbsp;&nbsp; Flowers Foods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 75530 | &nbsp;&nbsp;&nbsp;&nbsp; 863308 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13605 | &nbsp;&nbsp;&nbsp;&nbsp; 539574 |
| &nbsp;&nbsp;&nbsp; Freshpet, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17235 | &nbsp;&nbsp;&nbsp;&nbsp; 1201280 |
| &nbsp;&nbsp;&nbsp; J & J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5707 | &nbsp;&nbsp;&nbsp;&nbsp; 542165 |
| &nbsp;&nbsp;&nbsp; Seaboard Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 457405 |
| &nbsp;&nbsp;&nbsp; Simply Good Foods Co. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 32653 | &nbsp;&nbsp;&nbsp;&nbsp; 612897 |
| &nbsp;&nbsp;&nbsp; Tootsie Roll Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6600 | &nbsp;&nbsp;&nbsp;&nbsp; 250008 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5815479 |
| **Gas Utilities — 0.3%** | **Gas Utilities — 0.3%** | **Gas Utilities — 0.3%** |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8505 | &nbsp;&nbsp;&nbsp;&nbsp; 1094424 |
| &nbsp;&nbsp;&nbsp; Northwest Natural Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp; 15186 | &nbsp;&nbsp;&nbsp;&nbsp; 707060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1801484 |
| **Ground Transportation — 0.4%** | **Ground Transportation — 0.4%** | **Ground Transportation — 0.4%** |
| &nbsp;&nbsp;&nbsp; ArcBest Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8106 | &nbsp;&nbsp;&nbsp;&nbsp; 731323 |
| &nbsp;&nbsp;&nbsp; Hertz Global Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41286 | &nbsp;&nbsp;&nbsp;&nbsp; 202302 |
| &nbsp;&nbsp;&nbsp; RXO, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 61664 | &nbsp;&nbsp;&nbsp;&nbsp; 899061 |
| &nbsp;&nbsp;&nbsp; Schneider National, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 17081 | &nbsp;&nbsp;&nbsp;&nbsp; 458454 |
| &nbsp;&nbsp;&nbsp; Werner Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20385 | &nbsp;&nbsp;&nbsp;&nbsp; 698186 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2989326 |
| **Health Care Equipment & Supplies — 2.9%** | **Health Care Equipment & Supplies — 2.9%** | **Health Care Equipment & Supplies — 2.9%** |
| &nbsp;&nbsp;&nbsp; Alphatec Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40733 | &nbsp;&nbsp;&nbsp;&nbsp; 604070 |
| &nbsp;&nbsp;&nbsp; AtriCure, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18559 | &nbsp;&nbsp;&nbsp;&nbsp; 685384 |
| &nbsp;&nbsp;&nbsp; CONMED Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11618 | &nbsp;&nbsp;&nbsp;&nbsp; 446015 |
| &nbsp;&nbsp;&nbsp; Dentsply Sirona, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72734 | &nbsp;&nbsp;&nbsp;&nbsp; 906993 |
| &nbsp;&nbsp;&nbsp; Enovis Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20721 | &nbsp;&nbsp;&nbsp;&nbsp; 456691 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 63954 | &nbsp;&nbsp;&nbsp;&nbsp; 1501000 |
| &nbsp;&nbsp;&nbsp; Establishment Labs Holdings, Inc. (Costa Rica) \* | &nbsp;&nbsp;&nbsp;&nbsp; 9096 | &nbsp;&nbsp;&nbsp;&nbsp; 619892 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16994 | &nbsp;&nbsp;&nbsp;&nbsp; 1132820 |
| &nbsp;&nbsp;&nbsp; ICU Medical, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8750 | &nbsp;&nbsp;&nbsp;&nbsp; 1311625 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11118 | &nbsp;&nbsp;&nbsp;&nbsp; 842522 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12996 | &nbsp;&nbsp;&nbsp;&nbsp; 1128833 |
| &nbsp;&nbsp;&nbsp; IRhythm Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11851 | &nbsp;&nbsp;&nbsp;&nbsp; 1831098 |
| &nbsp;&nbsp;&nbsp; Kestra Medical Technologies Ltd. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11422 | &nbsp;&nbsp;&nbsp;&nbsp; 281781 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7804 | &nbsp;&nbsp;&nbsp;&nbsp; 663106 |
| &nbsp;&nbsp;&nbsp; LivaNova plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 20338 | &nbsp;&nbsp;&nbsp;&nbsp; 1336410 |
| &nbsp;&nbsp;&nbsp; Neogen Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 73542 | &nbsp;&nbsp;&nbsp;&nbsp; 751599 |
| &nbsp;&nbsp;&nbsp; Novocure Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38103 | &nbsp;&nbsp;&nbsp;&nbsp; 472477 |
| &nbsp;&nbsp;&nbsp; Omnicell, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16471 | &nbsp;&nbsp;&nbsp;&nbsp; 798843 |
| &nbsp;&nbsp;&nbsp; PROCEPT BioRobotics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20132 | &nbsp;&nbsp;&nbsp;&nbsp; 583023 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24894 | &nbsp;&nbsp;&nbsp;&nbsp; 676370 |
| &nbsp;&nbsp;&nbsp; STAAR Surgical Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12526 | &nbsp;&nbsp;&nbsp;&nbsp; 237368 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11759 | &nbsp;&nbsp;&nbsp;&nbsp; 1575412 |
| &nbsp;&nbsp;&nbsp; UFP Technologies, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 2862 | &nbsp;&nbsp;&nbsp;&nbsp; 718763 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19562095 |
| **Health Care Providers & Services — 2.3%** | **Health Care Providers & Services — 2.3%** | **Health Care Providers & Services — 2.3%** |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34491 | &nbsp;&nbsp;&nbsp;&nbsp; 463559 |
| &nbsp;&nbsp;&nbsp; AdaptHealth Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34461 | &nbsp;&nbsp;&nbsp;&nbsp; 346333 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6807 | &nbsp;&nbsp;&nbsp;&nbsp; 704388 |
| &nbsp;&nbsp;&nbsp; Alignment Healthcare, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41160 | &nbsp;&nbsp;&nbsp;&nbsp; 927335 |
| &nbsp;&nbsp;&nbsp; Ardent Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8796 | &nbsp;&nbsp;&nbsp;&nbsp; 71863 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Health Care Providers & Services — continued** | **Health Care Providers & Services — continued** | **Health Care Providers & Services — continued** |
| &nbsp;&nbsp;&nbsp; Astrana Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14990 | &nbsp;&nbsp;&nbsp;&nbsp; 340873 |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21227 | &nbsp;&nbsp;&nbsp;&nbsp; 178307 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25660 | &nbsp;&nbsp;&nbsp;&nbsp; 1007668 |
| &nbsp;&nbsp;&nbsp; Brookdale Senior Living, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 82148 | &nbsp;&nbsp;&nbsp;&nbsp; 1232220 |
| &nbsp;&nbsp;&nbsp; Clover Health Investments Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 141985 | &nbsp;&nbsp;&nbsp;&nbsp; 318047 |
| &nbsp;&nbsp;&nbsp; Concentra Group Holdings Parent, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 44743 | &nbsp;&nbsp;&nbsp;&nbsp; 992400 |
| &nbsp;&nbsp;&nbsp; GeneDx Holdings Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7513 | &nbsp;&nbsp;&nbsp;&nbsp; 723201 |
| &nbsp;&nbsp;&nbsp; LifeStance Health Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59200 | &nbsp;&nbsp;&nbsp;&nbsp; 418544 |
| &nbsp;&nbsp;&nbsp; National HealthCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4702 | &nbsp;&nbsp;&nbsp;&nbsp; 672903 |
| &nbsp;&nbsp;&nbsp; NeoGenomics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47998 | &nbsp;&nbsp;&nbsp;&nbsp; 578856 |
| &nbsp;&nbsp;&nbsp; OPKO Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 136589 | &nbsp;&nbsp;&nbsp;&nbsp; 172102 |
| &nbsp;&nbsp;&nbsp; PACS Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16577 | &nbsp;&nbsp;&nbsp;&nbsp; 559640 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 31242 | &nbsp;&nbsp;&nbsp;&nbsp; 667954 |
| &nbsp;&nbsp;&nbsp; Privia Health Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41510 | &nbsp;&nbsp;&nbsp;&nbsp; 963862 |
| &nbsp;&nbsp;&nbsp; Progyny, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26991 | &nbsp;&nbsp;&nbsp;&nbsp; 644275 |
| &nbsp;&nbsp;&nbsp; RadNet, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24631 | &nbsp;&nbsp;&nbsp;&nbsp; 1726633 |
| &nbsp;&nbsp;&nbsp; Select Medical Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 40376 | &nbsp;&nbsp;&nbsp;&nbsp; 607659 |
| &nbsp;&nbsp;&nbsp; Surgery Partners, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27157 | &nbsp;&nbsp;&nbsp;&nbsp; 403553 |
| &nbsp;&nbsp;&nbsp; US Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5528 | &nbsp;&nbsp;&nbsp;&nbsp; 463633 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15185808 |
| **Health Care REITs — 1.6%** | **Health Care REITs — 1.6%** | **Health Care REITs — 1.6%** |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 61307 | &nbsp;&nbsp;&nbsp;&nbsp; 2875911 |
| &nbsp;&nbsp;&nbsp; CareTrust REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 80093 | &nbsp;&nbsp;&nbsp;&nbsp; 2990673 |
| &nbsp;&nbsp;&nbsp; LTC Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16996 | &nbsp;&nbsp;&nbsp;&nbsp; 619844 |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 189757 | &nbsp;&nbsp;&nbsp;&nbsp; 952580 |
| &nbsp;&nbsp;&nbsp; National Health Investors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16806 | &nbsp;&nbsp;&nbsp;&nbsp; 1380109 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 81706 | &nbsp;&nbsp;&nbsp;&nbsp; 1530353 |
| &nbsp;&nbsp;&nbsp; Sila Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20591 | &nbsp;&nbsp;&nbsp;&nbsp; 501391 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10850861 |
| **Health Care Technology — 0.2%** | **Health Care Technology — 0.2%** | **Health Care Technology — 0.2%** |
| &nbsp;&nbsp;&nbsp; Certara, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45196 | &nbsp;&nbsp;&nbsp;&nbsp; 397273 |
| &nbsp;&nbsp;&nbsp; HeartFlow, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 7234 | &nbsp;&nbsp;&nbsp;&nbsp; 216079 |
| &nbsp;&nbsp;&nbsp; Phreesia, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20202 | &nbsp;&nbsp;&nbsp;&nbsp; 271313 |
| &nbsp;&nbsp;&nbsp; Schrodinger, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20941 | &nbsp;&nbsp;&nbsp;&nbsp; 292546 |
| &nbsp;&nbsp;&nbsp; Teladoc Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66075 | &nbsp;&nbsp;&nbsp;&nbsp; 360109 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1537320 |
| **Hotel & Resort REITs — 0.7%** | **Hotel & Resort REITs — 0.7%** | **Hotel & Resort REITs — 0.7%** |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 84458 | &nbsp;&nbsp;&nbsp;&nbsp; 983091 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co. | &nbsp;&nbsp;&nbsp;&nbsp; 74201 | &nbsp;&nbsp;&nbsp;&nbsp; 681165 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 76020 | &nbsp;&nbsp;&nbsp;&nbsp; 830898 |
| &nbsp;&nbsp;&nbsp; Pebblebrook Hotel Trust | &nbsp;&nbsp;&nbsp;&nbsp; 44516 | &nbsp;&nbsp;&nbsp;&nbsp; 508373 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust | &nbsp;&nbsp;&nbsp;&nbsp; 55654 | &nbsp;&nbsp;&nbsp;&nbsp; 413509 |
| &nbsp;&nbsp;&nbsp; Sunstone Hotel Investors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 69631 | &nbsp;&nbsp;&nbsp;&nbsp; 610664 |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35517 | &nbsp;&nbsp;&nbsp;&nbsp; 523876 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4551576 |
| **Hotels, Restaurants & Leisure — 1.7%** | **Hotels, Restaurants & Leisure — 1.7%** | **Hotels, Restaurants & Leisure — 1.7%** |
| &nbsp;&nbsp;&nbsp; Brinker International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16640 | &nbsp;&nbsp;&nbsp;&nbsp; 2624461 |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory, Inc. (The) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 17499 | &nbsp;&nbsp;&nbsp;&nbsp; 1014242 |
| &nbsp;&nbsp;&nbsp; First Watch Restaurant Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14866 | &nbsp;&nbsp;&nbsp;&nbsp; 237707 |
| &nbsp;&nbsp;&nbsp; Global Business Travel Group I \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 56032 | &nbsp;&nbsp;&nbsp;&nbsp; 383819 |
| &nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11039 | &nbsp;&nbsp;&nbsp;&nbsp; 599528 |
| &nbsp;&nbsp;&nbsp; Monarch Casino & Resort, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5002 | &nbsp;&nbsp;&nbsp;&nbsp; 457833 |
| &nbsp;&nbsp;&nbsp; Navan, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 13993 | &nbsp;&nbsp;&nbsp;&nbsp; 160640 |
| &nbsp;&nbsp;&nbsp; Papa John's International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11712 | &nbsp;&nbsp;&nbsp;&nbsp; 411911 |
| &nbsp;&nbsp;&nbsp; Penn Entertainment, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53637 | &nbsp;&nbsp;&nbsp;&nbsp; 688699 |
| &nbsp;&nbsp;&nbsp; Red Rock Resorts, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 19076 | &nbsp;&nbsp;&nbsp;&nbsp; 1204268 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Hotels, Restaurants & Leisure — continued** | **Hotels, Restaurants & Leisure — continued** | **Hotels, Restaurants & Leisure — continued** |
| &nbsp;&nbsp;&nbsp; Shake Shack, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 14458 | &nbsp;&nbsp;&nbsp;&nbsp; 1280545 |
| &nbsp;&nbsp;&nbsp; Sharplink Gaming, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 74228 | &nbsp;&nbsp;&nbsp;&nbsp; 659145 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 35486 | &nbsp;&nbsp;&nbsp;&nbsp; 639103 |
| &nbsp;&nbsp;&nbsp; United Parks & Resorts, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 9114 | &nbsp;&nbsp;&nbsp;&nbsp; 343142 |
| &nbsp;&nbsp;&nbsp; Wendy's Co. (The) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 58787 | &nbsp;&nbsp;&nbsp;&nbsp; 457951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 11162994 |
| **Household Durables — 1.1%** | **Household Durables — 1.1%** | **Household Durables — 1.1%** |
| &nbsp;&nbsp;&nbsp; Cavco Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2756 | &nbsp;&nbsp;&nbsp;&nbsp; 1356007 |
| &nbsp;&nbsp;&nbsp; Century Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9470 | &nbsp;&nbsp;&nbsp;&nbsp; 596421 |
| &nbsp;&nbsp;&nbsp; Green Brick Partners, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11679 | &nbsp;&nbsp;&nbsp;&nbsp; 810406 |
| &nbsp;&nbsp;&nbsp; La-Z-Boy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14438 | &nbsp;&nbsp;&nbsp;&nbsp; 525687 |
| &nbsp;&nbsp;&nbsp; Leggett & Platt, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 50480 | &nbsp;&nbsp;&nbsp;&nbsp; 589102 |
| &nbsp;&nbsp;&nbsp; M/I Homes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9360 | &nbsp;&nbsp;&nbsp;&nbsp; 1251432 |
| &nbsp;&nbsp;&nbsp; Newell Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 142548 | &nbsp;&nbsp;&nbsp;&nbsp; 605829 |
| &nbsp;&nbsp;&nbsp; Sonos, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40794 | &nbsp;&nbsp;&nbsp;&nbsp; 585394 |
| &nbsp;&nbsp;&nbsp; Tri Pointe Homes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29152 | &nbsp;&nbsp;&nbsp;&nbsp; 972219 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7292497 |
| **Household Products — 0.4%** | **Household Products — 0.4%** | **Household Products — 0.4%** |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 18614 | &nbsp;&nbsp;&nbsp;&nbsp; 570891 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23757 | &nbsp;&nbsp;&nbsp;&nbsp; 518615 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8310 | &nbsp;&nbsp;&nbsp;&nbsp; 529430 |
| &nbsp;&nbsp;&nbsp; WD-40 Co. | &nbsp;&nbsp;&nbsp;&nbsp; 5093 | &nbsp;&nbsp;&nbsp;&nbsp; 1177655 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2796591 |
| **Industrial REITs — 0.2%** | **Industrial REITs — 0.2%** | **Industrial REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10545 | &nbsp;&nbsp;&nbsp;&nbsp; 509534 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust | &nbsp;&nbsp;&nbsp;&nbsp; 22252 | &nbsp;&nbsp;&nbsp;&nbsp; 1102587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1612121 |
| **Insurance — 2.4%** | **Insurance — 2.4%** | **Insurance — 2.4%** |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group, Inc. (The), Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 26444 | &nbsp;&nbsp;&nbsp;&nbsp; 579652 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22047 | &nbsp;&nbsp;&nbsp;&nbsp; 1412331 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37213 | &nbsp;&nbsp;&nbsp;&nbsp; 1564807 |
| &nbsp;&nbsp;&nbsp; F&G Annuities & Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13653 | &nbsp;&nbsp;&nbsp;&nbsp; 402627 |
| &nbsp;&nbsp;&nbsp; Genworth Financial, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 154272 | &nbsp;&nbsp;&nbsp;&nbsp; 1286628 |
| &nbsp;&nbsp;&nbsp; Goosehead Insurance, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 9114 | &nbsp;&nbsp;&nbsp;&nbsp; 563610 |
| &nbsp;&nbsp;&nbsp; HCI Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3791 | &nbsp;&nbsp;&nbsp;&nbsp; 601518 |
| &nbsp;&nbsp;&nbsp; Horace Mann Educators Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14433 | &nbsp;&nbsp;&nbsp;&nbsp; 646743 |
| &nbsp;&nbsp;&nbsp; Kemper Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20173 | &nbsp;&nbsp;&nbsp;&nbsp; 795018 |
| &nbsp;&nbsp;&nbsp; Lemonade, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20305 | &nbsp;&nbsp;&nbsp;&nbsp; 1761052 |
| &nbsp;&nbsp;&nbsp; Mercury General Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 9322 | &nbsp;&nbsp;&nbsp;&nbsp; 816514 |
| &nbsp;&nbsp;&nbsp; Neptune Insurance Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 8508 | &nbsp;&nbsp;&nbsp;&nbsp; 216954 |
| &nbsp;&nbsp;&nbsp; Oscar Health, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 72548 | &nbsp;&nbsp;&nbsp;&nbsp; 1041064 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9842 | &nbsp;&nbsp;&nbsp;&nbsp; 1216373 |
| &nbsp;&nbsp;&nbsp; Safety Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5260 | &nbsp;&nbsp;&nbsp;&nbsp; 413962 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd. (Sweden) \* | &nbsp;&nbsp;&nbsp;&nbsp; 36307 | &nbsp;&nbsp;&nbsp;&nbsp; 741026 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11403 | &nbsp;&nbsp;&nbsp;&nbsp; 508802 |
| &nbsp;&nbsp;&nbsp; Slide Insurance Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11770 | &nbsp;&nbsp;&nbsp;&nbsp; 202797 |
| &nbsp;&nbsp;&nbsp; Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10700 | &nbsp;&nbsp;&nbsp;&nbsp; 721501 |
| &nbsp;&nbsp;&nbsp; Trupanion, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13016 | &nbsp;&nbsp;&nbsp;&nbsp; 416382 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15909361 |
| **Interactive Media & Services — 0.6%** | **Interactive Media & Services — 0.6%** | **Interactive Media & Services — 0.6%** |
| &nbsp;&nbsp;&nbsp; Cargurus, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 29352 | &nbsp;&nbsp;&nbsp;&nbsp; 951005 |
| &nbsp;&nbsp;&nbsp; Grindr, Inc. (Singapore) \* | &nbsp;&nbsp;&nbsp;&nbsp; 12682 | &nbsp;&nbsp;&nbsp;&nbsp; 143560 |
| &nbsp;&nbsp;&nbsp; IAC, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25479 | &nbsp;&nbsp;&nbsp;&nbsp; 941449 |
| &nbsp;&nbsp;&nbsp; TripAdvisor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42423 | &nbsp;&nbsp;&nbsp;&nbsp; 563802 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Interactive Media & Services — continued** | **Interactive Media & Services — continued** | **Interactive Media & Services — continued** |
| &nbsp;&nbsp;&nbsp; Yelp, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23416 | &nbsp;&nbsp;&nbsp;&nbsp; 641130 |
| &nbsp;&nbsp;&nbsp; Ziff Davis, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14373 | &nbsp;&nbsp;&nbsp;&nbsp; 549336 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3790282 |
| **IT Services — 0.6%** | **IT Services — 0.6%** | **IT Services — 0.6%** |
| &nbsp;&nbsp;&nbsp; ASGN, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15968 | &nbsp;&nbsp;&nbsp;&nbsp; 831773 |
| &nbsp;&nbsp;&nbsp; BigBear.ai Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 161817 | &nbsp;&nbsp;&nbsp;&nbsp; 815558 |
| &nbsp;&nbsp;&nbsp; DigitalOcean Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23469 | &nbsp;&nbsp;&nbsp;&nbsp; 1296662 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 61554 | &nbsp;&nbsp;&nbsp;&nbsp; 888224 |
| &nbsp;&nbsp;&nbsp; Fastly, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 50236 | &nbsp;&nbsp;&nbsp;&nbsp; 464683 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4296900 |
| **Leisure Products — 0.6%** | **Leisure Products — 0.6%** | **Leisure Products — 0.6%** |
| &nbsp;&nbsp;&nbsp; Callaway Golf Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47408 | &nbsp;&nbsp;&nbsp;&nbsp; 680305 |
| &nbsp;&nbsp;&nbsp; Peloton Interactive, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 142517 | &nbsp;&nbsp;&nbsp;&nbsp; 796670 |
| &nbsp;&nbsp;&nbsp; Polaris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19296 | &nbsp;&nbsp;&nbsp;&nbsp; 1231857 |
| &nbsp;&nbsp;&nbsp; YETI Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30086 | &nbsp;&nbsp;&nbsp;&nbsp; 1375231 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4084063 |
| **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** |
| &nbsp;&nbsp;&nbsp; 10X Genomics, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 39019 | &nbsp;&nbsp;&nbsp;&nbsp; 788184 |
| &nbsp;&nbsp;&nbsp; Adaptive Biotechnologies Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38042 | &nbsp;&nbsp;&nbsp;&nbsp; 703777 |
| &nbsp;&nbsp;&nbsp; Azenta, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15046 | &nbsp;&nbsp;&nbsp;&nbsp; 584988 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2076949 |
| **Machinery — 2.9%** | **Machinery — 2.9%** | **Machinery — 2.9%** |
| &nbsp;&nbsp;&nbsp; Alamo Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3829 | &nbsp;&nbsp;&nbsp;&nbsp; 747842 |
| &nbsp;&nbsp;&nbsp; Albany International Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 11335 | &nbsp;&nbsp;&nbsp;&nbsp; 628979 |
| &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6020 | &nbsp;&nbsp;&nbsp;&nbsp; 348979 |
| &nbsp;&nbsp;&nbsp; Enerpac Tool Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20490 | &nbsp;&nbsp;&nbsp;&nbsp; 826976 |
| &nbsp;&nbsp;&nbsp; Enpro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7490 | &nbsp;&nbsp;&nbsp;&nbsp; 1788462 |
| &nbsp;&nbsp;&nbsp; ESCO Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9107 | &nbsp;&nbsp;&nbsp;&nbsp; 2077944 |
| &nbsp;&nbsp;&nbsp; Gorman-Rupp Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 7802 | &nbsp;&nbsp;&nbsp;&nbsp; 425131 |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 10432 | &nbsp;&nbsp;&nbsp;&nbsp; 525981 |
| &nbsp;&nbsp;&nbsp; Helios Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11858 | &nbsp;&nbsp;&nbsp;&nbsp; 768161 |
| &nbsp;&nbsp;&nbsp; Hillenbrand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25378 | &nbsp;&nbsp;&nbsp;&nbsp; 809812 |
| &nbsp;&nbsp;&nbsp; Hillman Solutions Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 69901 | &nbsp;&nbsp;&nbsp;&nbsp; 654972 |
| &nbsp;&nbsp;&nbsp; Kadant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4236 | &nbsp;&nbsp;&nbsp;&nbsp; 1359926 |
| &nbsp;&nbsp;&nbsp; Kennametal, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28863 | &nbsp;&nbsp;&nbsp;&nbsp; 992599 |
| &nbsp;&nbsp;&nbsp; Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4097 | &nbsp;&nbsp;&nbsp;&nbsp; 513231 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 59063 | &nbsp;&nbsp;&nbsp;&nbsp; 1598835 |
| &nbsp;&nbsp;&nbsp; REV Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17404 | &nbsp;&nbsp;&nbsp;&nbsp; 1112116 |
| &nbsp;&nbsp;&nbsp; Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4345 | &nbsp;&nbsp;&nbsp;&nbsp; 1042800 |
| &nbsp;&nbsp;&nbsp; Tennant Co. | &nbsp;&nbsp;&nbsp;&nbsp; 7096 | &nbsp;&nbsp;&nbsp;&nbsp; 539935 |
| &nbsp;&nbsp;&nbsp; Terex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 23821 | &nbsp;&nbsp;&nbsp;&nbsp; 1357797 |
| &nbsp;&nbsp;&nbsp; Trinity Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28506 | &nbsp;&nbsp;&nbsp;&nbsp; 819263 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11340 | &nbsp;&nbsp;&nbsp;&nbsp; 630164 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19569905 |
| **Marine Transportation — 0.3%** | **Marine Transportation — 0.3%** | **Marine Transportation — 0.3%** |
| &nbsp;&nbsp;&nbsp; Matson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11194 | &nbsp;&nbsp;&nbsp;&nbsp; 1794398 |
| **Media — 0.5%** | **Media — 0.5%** | **Media — 0.5%** |
| &nbsp;&nbsp;&nbsp; DoubleVerify Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 51116 | &nbsp;&nbsp;&nbsp;&nbsp; 553075 |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16400 | &nbsp;&nbsp;&nbsp;&nbsp; 512172 |
| &nbsp;&nbsp;&nbsp; Magnite, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50081 | &nbsp;&nbsp;&nbsp;&nbsp; 724672 |
| &nbsp;&nbsp;&nbsp; NIQ Global Intelligence plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 21279 | &nbsp;&nbsp;&nbsp;&nbsp; 361530 |
| &nbsp;&nbsp;&nbsp; TEGNA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 56536 | &nbsp;&nbsp;&nbsp;&nbsp; 1083230 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3234679 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Metals & Mining — 1.0%** | **Metals & Mining — 1.0%** | **Metals & Mining — 1.0%** |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 4135 | &nbsp;&nbsp;&nbsp;&nbsp; 867523 |
| &nbsp;&nbsp;&nbsp; Century Aluminum Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18596 | &nbsp;&nbsp;&nbsp;&nbsp; 842957 |
| &nbsp;&nbsp;&nbsp; Constellium SE \* | &nbsp;&nbsp;&nbsp;&nbsp; 48251 | &nbsp;&nbsp;&nbsp;&nbsp; 1084200 |
| &nbsp;&nbsp;&nbsp; Ivanhoe Electric, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39636 | &nbsp;&nbsp;&nbsp;&nbsp; 677379 |
| &nbsp;&nbsp;&nbsp; Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 5690 | &nbsp;&nbsp;&nbsp;&nbsp; 697708 |
| &nbsp;&nbsp;&nbsp; Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 7394 | &nbsp;&nbsp;&nbsp;&nbsp; 1022443 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 14910 | &nbsp;&nbsp;&nbsp;&nbsp; 290894 |
| &nbsp;&nbsp;&nbsp; USA Rare Earth, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 37979 | &nbsp;&nbsp;&nbsp;&nbsp; 851489 |
| &nbsp;&nbsp;&nbsp; Worthington Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11523 | &nbsp;&nbsp;&nbsp;&nbsp; 463570 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6798163 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.7%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.7%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.7%** |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46456 | &nbsp;&nbsp;&nbsp;&nbsp; 502189 |
| &nbsp;&nbsp;&nbsp; Arbor Realty Trust, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 71727 | &nbsp;&nbsp;&nbsp;&nbsp; 552298 |
| &nbsp;&nbsp;&nbsp; ARMOUR Residential REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42321 | &nbsp;&nbsp;&nbsp;&nbsp; 736386 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 62019 | &nbsp;&nbsp;&nbsp;&nbsp; 1193866 |
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 29801 | &nbsp;&nbsp;&nbsp;&nbsp; 368042 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 43144 | &nbsp;&nbsp;&nbsp;&nbsp; 473290 |
| &nbsp;&nbsp;&nbsp; PennyMac Mortgage Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp; 32646 | &nbsp;&nbsp;&nbsp;&nbsp; 386202 |
| &nbsp;&nbsp;&nbsp; Two Harbors Investment Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 37151 | &nbsp;&nbsp;&nbsp;&nbsp; 426122 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4638395 |
| **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** |
| &nbsp;&nbsp;&nbsp; Avista Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 30229 | &nbsp;&nbsp;&nbsp;&nbsp; 1248155 |
| **Office REITs — 0.8%** | **Office REITs — 0.8%** | **Office REITs — 0.8%** |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties | &nbsp;&nbsp;&nbsp;&nbsp; 42468 | &nbsp;&nbsp;&nbsp;&nbsp; 1308439 |
| &nbsp;&nbsp;&nbsp; Douglas Emmett, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57879 | &nbsp;&nbsp;&nbsp;&nbsp; 611202 |
| &nbsp;&nbsp;&nbsp; Easterly Government Properties, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 15820 | &nbsp;&nbsp;&nbsp;&nbsp; 370030 |
| &nbsp;&nbsp;&nbsp; Empire State Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 51076 | &nbsp;&nbsp;&nbsp;&nbsp; 338634 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38758 | &nbsp;&nbsp;&nbsp;&nbsp; 1001894 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties | &nbsp;&nbsp;&nbsp;&nbsp; 23139 | &nbsp;&nbsp;&nbsp;&nbsp; 389661 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26817 | &nbsp;&nbsp;&nbsp;&nbsp; 1200865 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5220725 |
| **Oil, Gas & Consumable Fuels — 2.8%** | **Oil, Gas & Consumable Fuels — 2.8%** | **Oil, Gas & Consumable Fuels — 2.8%** |
| &nbsp;&nbsp;&nbsp; BKV Corp. (Thailand) \* | &nbsp;&nbsp;&nbsp;&nbsp; 9392 | &nbsp;&nbsp;&nbsp;&nbsp; 279412 |
| &nbsp;&nbsp;&nbsp; Calumet, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 24832 | &nbsp;&nbsp;&nbsp;&nbsp; 556485 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46859 | &nbsp;&nbsp;&nbsp;&nbsp; 1818129 |
| &nbsp;&nbsp;&nbsp; Core Natural Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19125 | &nbsp;&nbsp;&nbsp;&nbsp; 1824143 |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 90613 | &nbsp;&nbsp;&nbsp;&nbsp; 885289 |
| &nbsp;&nbsp;&nbsp; CVR Energy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11456 | &nbsp;&nbsp;&nbsp;&nbsp; 260509 |
| &nbsp;&nbsp;&nbsp; Delek US Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23129 | &nbsp;&nbsp;&nbsp;&nbsp; 682537 |
| &nbsp;&nbsp;&nbsp; Dorian LPG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 13815 | &nbsp;&nbsp;&nbsp;&nbsp; 407957 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 5836 | &nbsp;&nbsp;&nbsp;&nbsp; 1191536 |
| &nbsp;&nbsp;&nbsp; International Seaways, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14143 | &nbsp;&nbsp;&nbsp;&nbsp; 843630 |
| &nbsp;&nbsp;&nbsp; Kinetik Holdings, Inc., Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp; 8603 | &nbsp;&nbsp;&nbsp;&nbsp; 351949 |
| &nbsp;&nbsp;&nbsp; NextDecade Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 59912 | &nbsp;&nbsp;&nbsp;&nbsp; 316934 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31003 | &nbsp;&nbsp;&nbsp;&nbsp; 775075 |
| &nbsp;&nbsp;&nbsp; PBF Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 31496 | &nbsp;&nbsp;&nbsp;&nbsp; 1053856 |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 41463 | &nbsp;&nbsp;&nbsp;&nbsp; 1461985 |
| &nbsp;&nbsp;&nbsp; SM Energy Co. | &nbsp;&nbsp;&nbsp;&nbsp; 80399 | &nbsp;&nbsp;&nbsp;&nbsp; 1565370 |
| &nbsp;&nbsp;&nbsp; Talos Energy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42278 | &nbsp;&nbsp;&nbsp;&nbsp; 503954 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 179591 | &nbsp;&nbsp;&nbsp;&nbsp; 3096149 |
| &nbsp;&nbsp;&nbsp; Venture Global, Inc., Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp; 36469 | &nbsp;&nbsp;&nbsp;&nbsp; 357396 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20654 | &nbsp;&nbsp;&nbsp;&nbsp; 555799 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18788094 |
| **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** |
| &nbsp;&nbsp;&nbsp; Sylvamo Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 12774 | &nbsp;&nbsp;&nbsp;&nbsp; 625160 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Passenger Airlines — 0.3%** | **Passenger Airlines — 0.3%** | **Passenger Airlines — 0.3%** |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 107628 | &nbsp;&nbsp;&nbsp;&nbsp; 524148 |
| &nbsp;&nbsp;&nbsp; SkyWest, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14678 | &nbsp;&nbsp;&nbsp;&nbsp; 1416721 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1940869 |
| **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** |
| &nbsp;&nbsp;&nbsp; Coty, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 129832 | &nbsp;&nbsp;&nbsp;&nbsp; 411568 |
| &nbsp;&nbsp;&nbsp; Interparfums, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6827 | &nbsp;&nbsp;&nbsp;&nbsp; 666110 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1077678 |
| **Pharmaceuticals — 2.3%** | **Pharmaceuticals — 2.3%** | **Pharmaceuticals — 2.3%** |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46524 | &nbsp;&nbsp;&nbsp;&nbsp; 636448 |
| &nbsp;&nbsp;&nbsp; Amphastar Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12659 | &nbsp;&nbsp;&nbsp;&nbsp; 335337 |
| &nbsp;&nbsp;&nbsp; Amylyx Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29777 | &nbsp;&nbsp;&nbsp;&nbsp; 425513 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6800 | &nbsp;&nbsp;&nbsp;&nbsp; 556580 |
| &nbsp;&nbsp;&nbsp; AtaiBeckley, Inc. (Germany) \* | &nbsp;&nbsp;&nbsp;&nbsp; 110023 | &nbsp;&nbsp;&nbsp;&nbsp; 413686 |
| &nbsp;&nbsp;&nbsp; Avadel Pharmaceuticals plc, ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 33118 | &nbsp;&nbsp;&nbsp;&nbsp; 713693 |
| &nbsp;&nbsp;&nbsp; Crinetics Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 37645 | &nbsp;&nbsp;&nbsp;&nbsp; 1879991 |
| &nbsp;&nbsp;&nbsp; Edgewise Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29541 | &nbsp;&nbsp;&nbsp;&nbsp; 831579 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15984 | &nbsp;&nbsp;&nbsp;&nbsp; 583736 |
| &nbsp;&nbsp;&nbsp; Harrow, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10090 | &nbsp;&nbsp;&nbsp;&nbsp; 413085 |
| &nbsp;&nbsp;&nbsp; Indivior Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34217 | &nbsp;&nbsp;&nbsp;&nbsp; 1210597 |
| &nbsp;&nbsp;&nbsp; Innoviva, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20766 | &nbsp;&nbsp;&nbsp;&nbsp; 415320 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6805 | &nbsp;&nbsp;&nbsp;&nbsp; 1307241 |
| &nbsp;&nbsp;&nbsp; Maze Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7384 | &nbsp;&nbsp;&nbsp;&nbsp; 321795 |
| &nbsp;&nbsp;&nbsp; Ocular Therapeutix, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 64154 | &nbsp;&nbsp;&nbsp;&nbsp; 586368 |
| &nbsp;&nbsp;&nbsp; Organon & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 93281 | &nbsp;&nbsp;&nbsp;&nbsp; 796620 |
| &nbsp;&nbsp;&nbsp; Perrigo Co. plc | &nbsp;&nbsp;&nbsp;&nbsp; 48625 | &nbsp;&nbsp;&nbsp;&nbsp; 690961 |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17666 | &nbsp;&nbsp;&nbsp;&nbsp; 1138927 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18607 | &nbsp;&nbsp;&nbsp;&nbsp; 896113 |
| &nbsp;&nbsp;&nbsp; Tarsus Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10902 | &nbsp;&nbsp;&nbsp;&nbsp; 703615 |
| &nbsp;&nbsp;&nbsp; WaVe Life Sciences Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49034 | &nbsp;&nbsp;&nbsp;&nbsp; 634500 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15491705 |
| **Professional Services — 2.5%** | **Professional Services — 2.5%** | **Professional Services — 2.5%** |
| &nbsp;&nbsp;&nbsp; Alight, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 156717 | &nbsp;&nbsp;&nbsp;&nbsp; 239777 |
| &nbsp;&nbsp;&nbsp; CBIZ, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 19443 | &nbsp;&nbsp;&nbsp;&nbsp; 765082 |
| &nbsp;&nbsp;&nbsp; Clarivate plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 127216 | &nbsp;&nbsp;&nbsp;&nbsp; 337122 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15306 | &nbsp;&nbsp;&nbsp;&nbsp; 571679 |
| &nbsp;&nbsp;&nbsp; CSG Systems International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9707 | &nbsp;&nbsp;&nbsp;&nbsp; 774133 |
| &nbsp;&nbsp;&nbsp; First Advantage Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29626 | &nbsp;&nbsp;&nbsp;&nbsp; 399951 |
| &nbsp;&nbsp;&nbsp; Huron Consulting Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6426 | &nbsp;&nbsp;&nbsp;&nbsp; 1085994 |
| &nbsp;&nbsp;&nbsp; ICF International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 6580 | &nbsp;&nbsp;&nbsp;&nbsp; 613585 |
| &nbsp;&nbsp;&nbsp; Innodata, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11452 | &nbsp;&nbsp;&nbsp;&nbsp; 634899 |
| &nbsp;&nbsp;&nbsp; Insperity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13027 | &nbsp;&nbsp;&nbsp;&nbsp; 556644 |
| &nbsp;&nbsp;&nbsp; Korn Ferry | &nbsp;&nbsp;&nbsp;&nbsp; 18421 | &nbsp;&nbsp;&nbsp;&nbsp; 1279707 |
| &nbsp;&nbsp;&nbsp; Legalzoom.com, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 42991 | &nbsp;&nbsp;&nbsp;&nbsp; 382190 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16723 | &nbsp;&nbsp;&nbsp;&nbsp; 607547 |
| &nbsp;&nbsp;&nbsp; Planet Labs PBC \* | &nbsp;&nbsp;&nbsp;&nbsp; 82303 | &nbsp;&nbsp;&nbsp;&nbsp; 2055106 |
| &nbsp;&nbsp;&nbsp; Robert Half, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38095 | &nbsp;&nbsp;&nbsp;&nbsp; 1318468 |
| &nbsp;&nbsp;&nbsp; TIC Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53064 | &nbsp;&nbsp;&nbsp;&nbsp; 535946 |
| &nbsp;&nbsp;&nbsp; TriNet Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9859 | &nbsp;&nbsp;&nbsp;&nbsp; 603765 |
| &nbsp;&nbsp;&nbsp; UL Solutions, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28029 | &nbsp;&nbsp;&nbsp;&nbsp; 1968477 |
| &nbsp;&nbsp;&nbsp; Upwork, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44366 | &nbsp;&nbsp;&nbsp;&nbsp; 888651 |
| &nbsp;&nbsp;&nbsp; Verra Mobility Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59861 | &nbsp;&nbsp;&nbsp;&nbsp; 1155317 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16774040 |
| **Real Estate Management & Development — 1.1%** | **Real Estate Management & Development — 1.1%** | **Real Estate Management & Development — 1.1%** |
| &nbsp;&nbsp;&nbsp; Compass, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 226728 | &nbsp;&nbsp;&nbsp;&nbsp; 2838635 |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 82472 | &nbsp;&nbsp;&nbsp;&nbsp; 1355840 |
| &nbsp;&nbsp;&nbsp; eXp World Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 31140 | &nbsp;&nbsp;&nbsp;&nbsp; 281506 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Real Estate Management & Development — continued** | **Real Estate Management & Development — continued** | **Real Estate Management & Development — continued** |
| &nbsp;&nbsp;&nbsp; Forestar Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6209 | &nbsp;&nbsp;&nbsp;&nbsp; 161558 |
| &nbsp;&nbsp;&nbsp; Kennedy-Wilson Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38971 | &nbsp;&nbsp;&nbsp;&nbsp; 383864 |
| &nbsp;&nbsp;&nbsp; Marcus & Millichap, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8775 | &nbsp;&nbsp;&nbsp;&nbsp; 238680 |
| &nbsp;&nbsp;&nbsp; Newmark Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 54360 | &nbsp;&nbsp;&nbsp;&nbsp; 969239 |
| &nbsp;&nbsp;&nbsp; St. Joe Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 15350 | &nbsp;&nbsp;&nbsp;&nbsp; 1016016 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7245338 |
| **Residential REITs — 0.1%** | **Residential REITs — 0.1%** | **Residential REITs — 0.1%** |
| &nbsp;&nbsp;&nbsp; Centerspace | &nbsp;&nbsp;&nbsp;&nbsp; 5967 | &nbsp;&nbsp;&nbsp;&nbsp; 383499 |
| &nbsp;&nbsp;&nbsp; Veris Residential, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 30555 | &nbsp;&nbsp;&nbsp;&nbsp; 464131 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 847630 |
| **Retail REITs — 1.1%** | **Retail REITs — 1.1%** | **Retail REITs — 1.1%** |
| &nbsp;&nbsp;&nbsp; Acadia Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp; 49062 | &nbsp;&nbsp;&nbsp;&nbsp; 981731 |
| &nbsp;&nbsp;&nbsp; Alexander's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 794 | &nbsp;&nbsp;&nbsp;&nbsp; 194451 |
| &nbsp;&nbsp;&nbsp; Curbline Properties Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 39056 | &nbsp;&nbsp;&nbsp;&nbsp; 947108 |
| &nbsp;&nbsp;&nbsp; Getty Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19737 | &nbsp;&nbsp;&nbsp;&nbsp; 589347 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27845 | &nbsp;&nbsp;&nbsp;&nbsp; 818365 |
| &nbsp;&nbsp;&nbsp; Macerich Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 95350 | &nbsp;&nbsp;&nbsp;&nbsp; 1804975 |
| &nbsp;&nbsp;&nbsp; Tanger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42157 | &nbsp;&nbsp;&nbsp;&nbsp; 1379377 |
| &nbsp;&nbsp;&nbsp; Urban Edge Properties | &nbsp;&nbsp;&nbsp;&nbsp; 47129 | &nbsp;&nbsp;&nbsp;&nbsp; 915716 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7631070 |
| **Semiconductors & Semiconductor Equipment — 2.9%** | **Semiconductors & Semiconductor Equipment — 2.9%** | **Semiconductors & Semiconductor Equipment — 2.9%** |
| &nbsp;&nbsp;&nbsp; ACM Research, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 18563 | &nbsp;&nbsp;&nbsp;&nbsp; 1078881 |
| &nbsp;&nbsp;&nbsp; Ambarella, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15315 | &nbsp;&nbsp;&nbsp;&nbsp; 980773 |
| &nbsp;&nbsp;&nbsp; Axcelis Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11724 | &nbsp;&nbsp;&nbsp;&nbsp; 1032533 |
| &nbsp;&nbsp;&nbsp; Diodes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16647 | &nbsp;&nbsp;&nbsp;&nbsp; 985336 |
| &nbsp;&nbsp;&nbsp; FormFactor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 29351 | &nbsp;&nbsp;&nbsp;&nbsp; 2068952 |
| &nbsp;&nbsp;&nbsp; Impinj, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10031 | &nbsp;&nbsp;&nbsp;&nbsp; 1385281 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries, Inc. (Singapore) | &nbsp;&nbsp;&nbsp;&nbsp; 17899 | &nbsp;&nbsp;&nbsp;&nbsp; 1026150 |
| &nbsp;&nbsp;&nbsp; MaxLinear, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 30473 | &nbsp;&nbsp;&nbsp;&nbsp; 528706 |
| &nbsp;&nbsp;&nbsp; Navitas Semiconductor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 70651 | &nbsp;&nbsp;&nbsp;&nbsp; 606186 |
| &nbsp;&nbsp;&nbsp; Photronics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21616 | &nbsp;&nbsp;&nbsp;&nbsp; 747265 |
| &nbsp;&nbsp;&nbsp; Power Integrations, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20473 | &nbsp;&nbsp;&nbsp;&nbsp; 940530 |
| &nbsp;&nbsp;&nbsp; Semtech Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32653 | &nbsp;&nbsp;&nbsp;&nbsp; 2604077 |
| &nbsp;&nbsp;&nbsp; SiTime Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 8065 | &nbsp;&nbsp;&nbsp;&nbsp; 2928482 |
| &nbsp;&nbsp;&nbsp; Synaptics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14746 | &nbsp;&nbsp;&nbsp;&nbsp; 1216692 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15906 | &nbsp;&nbsp;&nbsp;&nbsp; 694774 |
| &nbsp;&nbsp;&nbsp; Veeco Instruments, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19890 | &nbsp;&nbsp;&nbsp;&nbsp; 621165 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19445783 |
| **Software — 6.6%** | **Software — 6.6%** | **Software — 6.6%** |
| &nbsp;&nbsp;&nbsp; A10 Networks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27052 | &nbsp;&nbsp;&nbsp;&nbsp; 471787 |
| &nbsp;&nbsp;&nbsp; ACI Worldwide, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39746 | &nbsp;&nbsp;&nbsp;&nbsp; 1723387 |
| &nbsp;&nbsp;&nbsp; Adeia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40664 | &nbsp;&nbsp;&nbsp;&nbsp; 735612 |
| &nbsp;&nbsp;&nbsp; Agilysys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9532 | &nbsp;&nbsp;&nbsp;&nbsp; 826901 |
| &nbsp;&nbsp;&nbsp; Alarm.com Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18668 | &nbsp;&nbsp;&nbsp;&nbsp; 910625 |
| &nbsp;&nbsp;&nbsp; Alkami Technology, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 24171 | &nbsp;&nbsp;&nbsp;&nbsp; 512183 |
| &nbsp;&nbsp;&nbsp; Amplitude, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 30748 | &nbsp;&nbsp;&nbsp;&nbsp; 281959 |
| &nbsp;&nbsp;&nbsp; Appfolio, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 8655 | &nbsp;&nbsp;&nbsp;&nbsp; 1643411 |
| &nbsp;&nbsp;&nbsp; Appian Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 11603 | &nbsp;&nbsp;&nbsp;&nbsp; 323724 |
| &nbsp;&nbsp;&nbsp; Asana, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 34187 | &nbsp;&nbsp;&nbsp;&nbsp; 350417 |
| &nbsp;&nbsp;&nbsp; AvePoint, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 51388 | &nbsp;&nbsp;&nbsp;&nbsp; 597642 |
| &nbsp;&nbsp;&nbsp; Blackbaud, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14267 | &nbsp;&nbsp;&nbsp;&nbsp; 766138 |
| &nbsp;&nbsp;&nbsp; Braze, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 30837 | &nbsp;&nbsp;&nbsp;&nbsp; 642026 |
| &nbsp;&nbsp;&nbsp; C3.ai, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 44862 | &nbsp;&nbsp;&nbsp;&nbsp; 493931 |
| &nbsp;&nbsp;&nbsp; Cipher Mining, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 121044 | &nbsp;&nbsp;&nbsp;&nbsp; 1931862 |
| &nbsp;&nbsp;&nbsp; Cleanspark, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 102677 | &nbsp;&nbsp;&nbsp;&nbsp; 1215696 |
| &nbsp;&nbsp;&nbsp; Clear Secure, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 31379 | &nbsp;&nbsp;&nbsp;&nbsp; 1023583 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Software — continued** | **Software — continued** | **Software — continued** |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 101040 | &nbsp;&nbsp;&nbsp;&nbsp; 2434054 |
| &nbsp;&nbsp;&nbsp; Core Scientific, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 109752 | &nbsp;&nbsp;&nbsp;&nbsp; 1974438 |
| &nbsp;&nbsp;&nbsp; Five9, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26007 | &nbsp;&nbsp;&nbsp;&nbsp; 459284 |
| &nbsp;&nbsp;&nbsp; Freshworks, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 74129 | &nbsp;&nbsp;&nbsp;&nbsp; 799111 |
| &nbsp;&nbsp;&nbsp; Intapp, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20655 | &nbsp;&nbsp;&nbsp;&nbsp; 701237 |
| &nbsp;&nbsp;&nbsp; JFrog Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 36489 | &nbsp;&nbsp;&nbsp;&nbsp; 1999597 |
| &nbsp;&nbsp;&nbsp; Klaviyo, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 49488 | &nbsp;&nbsp;&nbsp;&nbsp; 1099128 |
| &nbsp;&nbsp;&nbsp; Life360, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 27739 | &nbsp;&nbsp;&nbsp;&nbsp; 1589167 |
| &nbsp;&nbsp;&nbsp; LiveRamp Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 23608 | &nbsp;&nbsp;&nbsp;&nbsp; 574855 |
| &nbsp;&nbsp;&nbsp; MARA Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 137429 | &nbsp;&nbsp;&nbsp;&nbsp; 1305576 |
| &nbsp;&nbsp;&nbsp; N-Able, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27696 | &nbsp;&nbsp;&nbsp;&nbsp; 168115 |
| &nbsp;&nbsp;&nbsp; nCino, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 38478 | &nbsp;&nbsp;&nbsp;&nbsp; 821505 |
| &nbsp;&nbsp;&nbsp; NCR Voyix Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 52047 | &nbsp;&nbsp;&nbsp;&nbsp; 516306 |
| &nbsp;&nbsp;&nbsp; PagerDuty, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32546 | &nbsp;&nbsp;&nbsp;&nbsp; 344988 |
| &nbsp;&nbsp;&nbsp; PAR Technology Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15068 | &nbsp;&nbsp;&nbsp;&nbsp; 394932 |
| &nbsp;&nbsp;&nbsp; Progress Software Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15513 | &nbsp;&nbsp;&nbsp;&nbsp; 634792 |
| &nbsp;&nbsp;&nbsp; Q2 Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22659 | &nbsp;&nbsp;&nbsp;&nbsp; 1387864 |
| &nbsp;&nbsp;&nbsp; Rapid7, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22482 | &nbsp;&nbsp;&nbsp;&nbsp; 267985 |
| &nbsp;&nbsp;&nbsp; RingCentral, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 27244 | &nbsp;&nbsp;&nbsp;&nbsp; 705075 |
| &nbsp;&nbsp;&nbsp; Riot Platforms, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 130208 | &nbsp;&nbsp;&nbsp;&nbsp; 2014318 |
| &nbsp;&nbsp;&nbsp; SoundHound AI, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 136246 | &nbsp;&nbsp;&nbsp;&nbsp; 1152641 |
| &nbsp;&nbsp;&nbsp; Sprinklr, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 42551 | &nbsp;&nbsp;&nbsp;&nbsp; 271475 |
| &nbsp;&nbsp;&nbsp; SPS Commerce, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14267 | &nbsp;&nbsp;&nbsp;&nbsp; 1273472 |
| &nbsp;&nbsp;&nbsp; Tenable Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45409 | &nbsp;&nbsp;&nbsp;&nbsp; 1001723 |
| &nbsp;&nbsp;&nbsp; Teradata Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32578 | &nbsp;&nbsp;&nbsp;&nbsp; 929125 |
| &nbsp;&nbsp;&nbsp; Terawulf, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 113755 | &nbsp;&nbsp;&nbsp;&nbsp; 1520904 |
| &nbsp;&nbsp;&nbsp; Varonis Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44093 | &nbsp;&nbsp;&nbsp;&nbsp; 1315735 |
| &nbsp;&nbsp;&nbsp; Vertex, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 25326 | &nbsp;&nbsp;&nbsp;&nbsp; 469797 |
| &nbsp;&nbsp;&nbsp; Via Transportation, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 6188 | &nbsp;&nbsp;&nbsp;&nbsp; 143871 |
| &nbsp;&nbsp;&nbsp; Zeta Global Holdings Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 71034 | &nbsp;&nbsp;&nbsp;&nbsp; 1319812 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 44041766 |
| **Specialized REITs — 1.1%** | **Specialized REITs — 1.1%** | **Specialized REITs — 1.1%** |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40032 | &nbsp;&nbsp;&nbsp;&nbsp; 986789 |
| &nbsp;&nbsp;&nbsp; Millrose Properties, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 45596 | &nbsp;&nbsp;&nbsp;&nbsp; 1358761 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust | &nbsp;&nbsp;&nbsp;&nbsp; 26576 | &nbsp;&nbsp;&nbsp;&nbsp; 845383 |
| &nbsp;&nbsp;&nbsp; Outfront Media, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 53332 | &nbsp;&nbsp;&nbsp;&nbsp; 1297034 |
| &nbsp;&nbsp;&nbsp; PotlatchDeltic Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27511 | &nbsp;&nbsp;&nbsp;&nbsp; 1148034 |
| &nbsp;&nbsp;&nbsp; Rayonier, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 53242 | &nbsp;&nbsp;&nbsp;&nbsp; 1210723 |
| &nbsp;&nbsp;&nbsp; Safehold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17111 | &nbsp;&nbsp;&nbsp;&nbsp; 241436 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7088160 |
| **Specialty Retail — 2.5%** | **Specialty Retail — 2.5%** | **Specialty Retail — 2.5%** |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 17505 | &nbsp;&nbsp;&nbsp;&nbsp; 1709013 |
| &nbsp;&nbsp;&nbsp; Academy Sports & Outdoors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24745 | &nbsp;&nbsp;&nbsp;&nbsp; 1361222 |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 21409 | &nbsp;&nbsp;&nbsp;&nbsp; 1027846 |
| &nbsp;&nbsp;&nbsp; American Eagle Outfitters, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 59827 | &nbsp;&nbsp;&nbsp;&nbsp; 1394567 |
| &nbsp;&nbsp;&nbsp; Boot Barn Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10805 | &nbsp;&nbsp;&nbsp;&nbsp; 1928476 |
| &nbsp;&nbsp;&nbsp; Buckle, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 12035 | &nbsp;&nbsp;&nbsp;&nbsp; 569256 |
| &nbsp;&nbsp;&nbsp; National Vision Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28041 | &nbsp;&nbsp;&nbsp;&nbsp; 738880 |
| &nbsp;&nbsp;&nbsp; RH \* | &nbsp;&nbsp;&nbsp;&nbsp; 5750 | &nbsp;&nbsp;&nbsp;&nbsp; 1143273 |
| &nbsp;&nbsp;&nbsp; Sally Beauty Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 35239 | &nbsp;&nbsp;&nbsp;&nbsp; 536338 |
| &nbsp;&nbsp;&nbsp; Signet Jewelers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 14017 | &nbsp;&nbsp;&nbsp;&nbsp; 1293349 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 5243 | &nbsp;&nbsp;&nbsp;&nbsp; 314370 |
| &nbsp;&nbsp;&nbsp; Upbound Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19693 | &nbsp;&nbsp;&nbsp;&nbsp; 372198 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22157 | &nbsp;&nbsp;&nbsp;&nbsp; 1569823 |
| &nbsp;&nbsp;&nbsp; Victoria's Secret & Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26082 | &nbsp;&nbsp;&nbsp;&nbsp; 1421730 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Specialty Retail — continued** | **Specialty Retail — continued** | **Specialty Retail — continued** |
| &nbsp;&nbsp;&nbsp; Warby Parker, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 33345 | &nbsp;&nbsp;&nbsp;&nbsp; 850631 |
| &nbsp;&nbsp;&nbsp; Winmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1117 | &nbsp;&nbsp;&nbsp;&nbsp; 503421 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16734393 |
| **Technology Hardware, Storage & Peripherals — 0.2%** | **Technology Hardware, Storage & Peripherals — 0.2%** | **Technology Hardware, Storage & Peripherals — 0.2%** |
| &nbsp;&nbsp;&nbsp; GPGI, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 26586 | &nbsp;&nbsp;&nbsp;&nbsp; 626632 |
| &nbsp;&nbsp;&nbsp; Quantum Computing, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 49385 | &nbsp;&nbsp;&nbsp;&nbsp; 457799 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1084431 |
| **Textiles, Apparel & Luxury Goods — 1.0%** | **Textiles, Apparel & Luxury Goods — 1.0%** | **Textiles, Apparel & Luxury Goods — 1.0%** |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44495 | &nbsp;&nbsp;&nbsp;&nbsp; 1004252 |
| &nbsp;&nbsp;&nbsp; Carter's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12626 | &nbsp;&nbsp;&nbsp;&nbsp; 436986 |
| &nbsp;&nbsp;&nbsp; Columbia Sportswear Co. | &nbsp;&nbsp;&nbsp;&nbsp; 9901 | &nbsp;&nbsp;&nbsp;&nbsp; 547327 |
| &nbsp;&nbsp;&nbsp; G-III Apparel Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 13089 | &nbsp;&nbsp;&nbsp;&nbsp; 384162 |
| &nbsp;&nbsp;&nbsp; Kontoor Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20800 | &nbsp;&nbsp;&nbsp;&nbsp; 1242384 |
| &nbsp;&nbsp;&nbsp; Levi Strauss & Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 32905 | &nbsp;&nbsp;&nbsp;&nbsp; 654152 |
| &nbsp;&nbsp;&nbsp; Steven Madden Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24823 | &nbsp;&nbsp;&nbsp;&nbsp; 1089233 |
| &nbsp;&nbsp;&nbsp; Under Armour, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 67814 | &nbsp;&nbsp;&nbsp;&nbsp; 418412 |
| &nbsp;&nbsp;&nbsp; Under Armour, Inc., Class C \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 50500 | &nbsp;&nbsp;&nbsp;&nbsp; 306535 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 30543 | &nbsp;&nbsp;&nbsp;&nbsp; 541222 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6624665 |
| **Tobacco — 0.1%** | **Tobacco — 0.1%** | **Tobacco — 0.1%** |
| &nbsp;&nbsp;&nbsp; Universal Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8528 | &nbsp;&nbsp;&nbsp;&nbsp; 482600 |
| **Trading Companies & Distributors — 0.6%** | **Trading Companies & Distributors — 0.6%** | **Trading Companies & Distributors — 0.6%** |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co. | &nbsp;&nbsp;&nbsp;&nbsp; 14309 | &nbsp;&nbsp;&nbsp;&nbsp; 1156310 |
| &nbsp;&nbsp;&nbsp; DNOW, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 65826 | &nbsp;&nbsp;&nbsp;&nbsp; 999897 |
| &nbsp;&nbsp;&nbsp; McGrath RentCorp | &nbsp;&nbsp;&nbsp;&nbsp; 9224 | &nbsp;&nbsp;&nbsp;&nbsp; 1030229 |
| &nbsp;&nbsp;&nbsp; Xometry, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 15002 | &nbsp;&nbsp;&nbsp;&nbsp; 857064 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4043500 |
| **Water Utilities — 0.5%** | **Water Utilities — 0.5%** | **Water Utilities — 0.5%** |
| &nbsp;&nbsp;&nbsp; American States Water Co. | &nbsp;&nbsp;&nbsp;&nbsp; 14534 | &nbsp;&nbsp;&nbsp;&nbsp; 1060401 |
| &nbsp;&nbsp;&nbsp; California Water Service Group | &nbsp;&nbsp;&nbsp;&nbsp; 22445 | &nbsp;&nbsp;&nbsp;&nbsp; 1003292 |
| &nbsp;&nbsp;&nbsp; H2O America | &nbsp;&nbsp;&nbsp;&nbsp; 11778 | &nbsp;&nbsp;&nbsp;&nbsp; 612927 |
| &nbsp;&nbsp;&nbsp; Middlesex Water Co. | &nbsp;&nbsp;&nbsp;&nbsp; 6722 | &nbsp;&nbsp;&nbsp;&nbsp; 352098 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3028718 |
| **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** |
| &nbsp;&nbsp;&nbsp; Array Digital Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 4515 | &nbsp;&nbsp;&nbsp;&nbsp; 217578 |
| &nbsp;&nbsp;&nbsp; Gogo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24311 | &nbsp;&nbsp;&nbsp;&nbsp; 111587 |
| &nbsp;&nbsp;&nbsp; Telephone and Data Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34416 | &nbsp;&nbsp;&nbsp;&nbsp; 1553194 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1882359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $578,667,751)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 658251126 |
|  | &nbsp;&nbsp;&nbsp; **NO. OF** <br> **RIGHTS**<br>|  |
| **Rights — 0.0% ^** | **Rights — 0.0% ^** | **Rights — 0.0% ^** |
| **Biotechnology — 0.0% ^** | **Biotechnology — 0.0% ^** | **Biotechnology — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Akero Therapeutics, Inc., CVR ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 21794 | &nbsp;&nbsp;&nbsp;&nbsp; 14166 |
| &nbsp;&nbsp;&nbsp; Mirati Therapeutics, Inc., CVR ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 39447 | &nbsp;&nbsp;&nbsp;&nbsp; 27613 |
| &nbsp;&nbsp;&nbsp; OmniAb Operations, Inc.11/2/2022 ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 2112 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Sanofi Aatd, Inc., CVR ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 10020 | &nbsp;&nbsp;&nbsp;&nbsp; 1453 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 43232 |

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS**  | &nbsp;&nbsp;&nbsp; **NO. OF** <br> **RIGHTS**<br>| **VALUE($)** |
| **Rights — continued** | **Rights — continued** | **Rights — continued** |
| **Life Sciences Tools & Services — 0.0% ^** | **Life Sciences Tools & Services — 0.0% ^** | **Life Sciences Tools & Services — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; OmniAb, Inc., expiring 11/3/2022 ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 2112 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Rights <br>(Cost $43,232)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 43232 |
|  | **SHARES** |  |
| **Short-Term Investments — 7.4%** | **Short-Term Investments — 7.4%** | **Short-Term Investments — 7.4%** |
| **Investment Companies — 1.0%** | **Investment Companies — 1.0%** | **Investment Companies — 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 3.64% (b) (c) <br>(Cost $6,542,017)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6542017 | &nbsp;&nbsp;&nbsp;&nbsp; 6542017 |
| **Investment of Cash Collateral from Securities Loaned — 6.4%** | **Investment of Cash Collateral from Securities Loaned — 6.4%** | **Investment of Cash Collateral from Securities Loaned — 6.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 3.68% (b) (c) <br>(Cost $42,532,696)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 42532696 | &nbsp;&nbsp;&nbsp;&nbsp; 42532696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $49,074,713)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 49074713 |
| **Total Investments — 106.3%** <br>**(Cost $627,785,696)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **707369071** |
| **Liabilities in Excess of Other Assets — (6.3)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(41680415)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **665688656** |

---

&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 |
| CVR | Contingent Value Rights |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at January 31, 2026. The total value of securities on loan at January 31, 2026 is <br> $39,590,135.<br>|
| (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 <br> Investment Management Inc.<br>|
| (c) | The rate shown is the current yield as of January 31, 2026. |

---

**Futures contracts outstanding as of January 31, 2026:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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** |  |  |  |  |  |
| Russell 2000 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 7091820 | &nbsp;&nbsp;&nbsp;&nbsp; 167559 |

---

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

---

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

---

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (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 "1940 Act"), the Board is required to determine fair value for securities that do not have readily available market quotations. Pursuant to Rule 2a-5 under the 1940 Act (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 NAV 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.

------

**JPMorgan BetaBuilders U.S. Small Cap Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

The following table represents each valuation input as presented on the Schedule of Portfolio Investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &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** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; $658251126 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $658251126 |
| Rights | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 43232 | &nbsp;&nbsp;&nbsp;&nbsp; 43232 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 6542017 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6542017 |
| &nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities Loaned | &nbsp;&nbsp;&nbsp;&nbsp; 42532696 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 42532696 |
| Total Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 49074713 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49074713 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $707325839 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $43232 | &nbsp;&nbsp;&nbsp;&nbsp; $707369071 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; $167559 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $167559 |

---

**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 January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** |
| **Security Description** | **Value at** <br>**October 31,** <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>**January 31,** <br>**2026**<br>| **Shares at** <br>**January 31,** <br>**2026**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending <br> Money Market Fund Agency SL <br> Class Shares, 3.68% (a) (b)<br>| $21094416 | $100064922 | $78626642 | $— | $— | $42532696 | 42532696 | $407798 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money <br> Market Fund Class IM Shares, <br> 3.64% (a) (b)<br>| 5001652 | 9469837 | 7929472 |  |  | 6542017 | 6542017 | 56853 |  |
| **Total** | $26096068 | $109534759 | $86556114 | $— | $— | $49074713 |  | $464651 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of January 31, 2026.

------

## 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:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

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

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

- **a. Name of Series:** JPMorgan BetaBuilders U.S. Small Cap Equity ETF

- **b. EDGAR series identifier (if any):** S000069185

- **c. LEI of Series:** 549300LKK9I7ORHNOS29

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

- **a. Date of fiscal year-end:** 2026-10-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $708267648.00

**Total Liabilities:** $42578984.46

**Net Assets:** $665688663.54

**Cash Not Reported:** $255429.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221046 | 0.33%                | -0.90%               | 4.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $148227.77               | $1156446.26                                |
| Month 2  | $28062120.22             | $-33583673.76                              |
| Month 3  | $-62520.78               | $25965220.52                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Independent Bank Corp.                        | Independent Bank Corp.                                                | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |     17887 | NS      | $1444911.86   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises, Inc.                      | Werner Enterprises, Inc.                                              | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     20385 | NS      | $698186.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MannKind Corp.                                | MannKind Corp.                                                        | CUSIP: 56400P706<br>LEI: 213800GFBCNY1ZFST722 | Long             | EC               | CORP              | US        |    111579 | NS      | $644926.62    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners, Inc.                            | PJT Partners, Inc., Class A                                           | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      8358 | NS      | $1446184.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                                | Renasant Corp.                                                        | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |     34660 | NS      | $1307028.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                       | COPT Defense Properties                                               | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     42468 | NS      | $1308439.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                      | Trinity Industries, Inc.                                              | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     28506 | NS      | $819262.44    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Therapeutics, Inc.                     | Apogee Therapeutics, Inc.                                             | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12692 | NS      | $831452.92    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide, Inc.                    | Wolverine World Wide, Inc.                                            | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     30543 | NS      | $541221.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonos, Inc.                                   | Sonos, Inc.                                                           | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |     40794 | NS      | $585393.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp.                    | Chesapeake Utilities Corp.                                            | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      8505 | NS      | $1094423.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group, Inc.            | Helix Energy Solutions Group, Inc.                                    | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     48788 | NS      | $387376.72    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino, Inc.                                   | nCino, Inc.                                                           | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     38478 | NS      | $821505.30    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group, Inc.                               | BGC Group, Inc., Class A                                              | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    133445 | NS      | $1215683.95   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp.                         | First Advantage Corp.                                                 | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     29626 | NS      | $399951.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                     | Mirion Technologies, Inc.                                             | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     85709 | NS      | $2129011.56   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's, Inc.                                | Carter's, Inc.                                                        | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     12626 | NS      | $436985.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp.                         | Gulfport Energy Corp.                                                 | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |      5836 | NS      | $1191536.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp                             | Merchants Bancorp                                                     | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |      7945 | NS      | $329399.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd.                    | Liberty Latin America Ltd., Class C                                   | CUSIP: N/A<br>LEI: 213800YWQHEAX7CAVO83       | Long             | EC               | CORP              | BM        |     40658 | NS      | $316319.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WesBanco, Inc.                                | WesBanco, Inc.                                                        | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33995 | NS      | $1199683.55   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rapid7, Inc.                                  | Rapid7, Inc.                                                          | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |     22482 | NS      | $267985.44    | 0.04%             |  |  |  | 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: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |   6542017 | NS      | $6542016.90   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat, Inc.                                  | Viasat, Inc.                                                          | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |     38883 | NS      | $1756345.11   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International, Inc.                   | Brinker International, Inc.                                           | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |     16640 | NS      | $2624460.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy, Inc.                            | Talos Energy, Inc.                                                    | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |     42278 | NS      | $503953.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp.                          | Addus HomeCare Corp.                                                  | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      6807 | NS      | $704388.36    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ, Inc.                                    | CBIZ, Inc.                                                            | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |     19443 | NS      | $765082.05    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Kodiak AI, Inc.                               | Kodiak AI, Inc.                                                       | CUSIP: 500081104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35828 | NS      | $326393.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| TEGNA, Inc.                                   | TEGNA, Inc.                                                           | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     56536 | NS      | $1083229.76   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion, Inc.                          | Garrett Motion, Inc.                                                  | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |     43786 | NS      | $789899.44    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                    | Resideo Technologies, Inc.                                            | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     52440 | NS      | $1796594.40   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lemonade, Inc.                                | Lemonade, Inc.                                                        | CUSIP: 52567D107<br>LEI: 5493009BKR06OXXU6853 | Long             | EC               | CORP              | US        |     20305 | NS      | $1761052.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                                    | uniQure NV                                                            | CUSIP: N/A<br>LEI: 724500RPCTZLFYJZ3S98       | Long             | EC               | CORP              | NL        |     19878 | NS      | $451628.16    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global, Inc.                          | Venture Global, Inc., Class A                                         | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |     36469 | NS      | $357396.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Astrana Health, Inc.                          | Astrana Health, Inc.                                                  | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     14990 | NS      | $340872.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods, Inc.                         | Cal-Maine Foods, Inc.                                                 | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     16148 | NS      | $1348842.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                              | TriCo Bancshares                                                      | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11340 | NS      | $564958.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint, Inc.                                | AvePoint, Inc.                                                        | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51388 | NS      | $597642.44    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings, Inc.                  | Driven Brands Holdings, Inc.                                          | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23286 | NS      | $362097.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow, Inc.                               | HeartFlow, Inc.                                                       | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7234 | NS      | $216079.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Core Scientific, Inc.                         | Core Scientific, Inc.                                                 | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |    109752 | NS      | $1974438.48   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Two Harbors Investment Corp.                  | Two Harbors Investment Corp.                                          | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |     37151 | NS      | $426121.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Ligand Pharmaceuticals, Inc.                  | Ligand Pharmaceuticals, Inc.                                          | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      6805 | NS      | $1307240.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management, Inc.       | Artisan Partners Asset Management, Inc., Class A                      | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     26305 | NS      | $1171098.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Oscar Health, Inc.                            | Oscar Health, Inc., Class A                                           | CUSIP: 687793109<br>LEI: 254900AE8KDLFDOPKZ19 | Long             | EC               | CORP              | US        |     72548 | NS      | $1041063.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris, Inc.                                 | Polaris, Inc.                                                         | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     19296 | NS      | $1231856.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass, Inc.                              | Tecnoglass, Inc.                                                      | CUSIP: N/A<br>LEI: 529900YRWTPOC2E6IO67       | Long             | EC               | CORP              | KY        |      8995 | NS      | $439945.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoke Therapeutics, Inc.                      | Stoke Therapeutics, Inc.                                              | CUSIP: 86150R107<br>LEI: 549300RD25SS2DIJHJ67 | Long             | EC               | CORP              | US        |     14671 | NS      | $445118.14    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirati Therapeutics, Inc.                     | Mirati Therapeutics, Inc., CVR                                        | CUSIP: 604CVR027<br>LEI: 529900GYRW59IDQV6N54 | Long             |  | CORP              | US        |     39447 | NS      | $27612.90     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Flowers Foods, Inc.                           | Flowers Foods, Inc.                                                   | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     75530 | NS      | $863307.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                             | Haemonetics Corp.                                                     | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     16994 | NS      | $1132820.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE, Inc.                                | OPENLANE, Inc.                                                        | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     37774 | NS      | $1134730.96   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries, Inc.                 | Tootsie Roll Industries, Inc.                                         | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |      6600 | NS      | $250008.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eos Energy Enterprises, Inc.                  | Eos Energy Enterprises, Inc.                                          | CUSIP: 29415C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95025 | NS      | $1391166.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Vita Coco Co., Inc. (The)                     | Vita Coco Co., Inc. (The)                                             | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |     15426 | NS      | $822977.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart, Inc.                              | PriceSmart, Inc.                                                      | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |      8807 | NS      | $1252443.47   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical, Inc.                             | ICU Medical, Inc.                                                     | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |      8750 | NS      | $1311625.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp.                          | PAR Technology Corp.                                                  | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     15068 | NS      | $394932.28    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kymera Therapeutics, Inc.                     | Kymera Therapeutics, Inc.                                             | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20254 | NS      | $1472263.26   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets, Inc.                          | Ingles Markets, Inc., Class A                                         | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |      5460 | NS      | $408735.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                        | Integer Holdings Corp.                                                | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |     12996 | NS      | $1128832.56   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies, Inc.                    | Axcelis Technologies, Inc.                                            | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     11724 | NS      | $1032532.68   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral, Inc.                             | RingCentral, Inc., Class A                                            | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |     27244 | NS      | $705074.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co.                           | Crescent Energy Co., Class A                                          | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90613 | NS      | $885289.01    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co.                 | Northwest Natural Holding Co.                                         | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     15186 | NS      | $707060.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares, Inc.                    | Northwest Bancshares, Inc.                                            | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49587 | NS      | $638680.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp.                   | Standex International Corp.                                           | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      4345 | NS      | $1042800.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp, Inc. (The)                           | Bancorp, Inc. (The)                                                   | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |     15651 | NS      | $930295.44    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp.                                 | Semtech Corp.                                                         | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     32653 | NS      | $2604076.75   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings, Inc.                        | Tenable Holdings, Inc.                                                | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     45409 | NS      | $1001722.54   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Clover Health Investments Corp.               | Clover Health Investments Corp., Class A                              | CUSIP: 18914F103<br>LEI: 5493000HLYOYQU6LK133 | Long             | EC               | CORP              | US        |    141985 | NS      | $318046.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings, Inc.                        | Hilltop Holdings, Inc.                                                | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     15299 | NS      | $572947.55    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PureCycle Technologies, Inc.                  | PureCycle Technologies, Inc.                                          | CUSIP: 74623V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49208 | NS      | $470428.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| United Natural Foods, Inc.                    | United Natural Foods, Inc.                                            | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |     22373 | NS      | $832946.79    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                         | Harley-Davidson, Inc.                                                 | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     42719 | NS      | $845836.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindr, Inc.                                  | Grindr, Inc.                                                          | CUSIP: 39854F101<br>LEI: 254900J9EDQSYT0ERQ67 | Long             | EC               | CORP              | US        |     12682 | NS      | $143560.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amylyx Pharmaceuticals, Inc.                  | Amylyx Pharmaceuticals, Inc.                                          | CUSIP: 03237H101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29777 | NS      | $425513.33    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mineralys Therapeutics, Inc.                  | Mineralys Therapeutics, Inc.                                          | CUSIP: 603170101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18702 | NS      | $577704.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries, Inc.                    | Winnebago Industries, Inc.                                            | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |      9330 | NS      | $428340.30    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet, Inc.                                  | RadNet, Inc.                                                          | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     24631 | NS      | $1726633.10   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobileye Global, Inc.                         | Mobileye Global, Inc., Class A                                        | CUSIP: 60741F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58506 | NS      | $525383.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                               | Planet Labs PBC                                                       | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |     82303 | NS      | $2055105.91   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dyne Therapeutics, Inc.                       | Dyne Therapeutics, Inc.                                               | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50402 | NS      | $901691.78    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure, Inc.           | Solaris Energy Infrastructure, Inc., Class A                          | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |     16694 | NS      | $921341.86    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vera Therapeutics, Inc.                       | Vera Therapeutics, Inc.                                               | CUSIP: 92337R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20428 | NS      | $883715.28    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodata, Inc.                                | Innodata, Inc.                                                        | CUSIP: 457642205<br>LEI: L9O7MPYIT56T6KBE0R95 | Long             | EC               | CORP              | US        |     11452 | NS      | $634898.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| DiamondRock Hospitality Co.                   | DiamondRock Hospitality Co.                                           | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     74201 | NS      | $681165.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals, Inc.                  | Rhythm Pharmaceuticals, Inc.                                          | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |     19723 | NS      | $2022001.96   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters, Inc.                        | Urban Outfitters, Inc.                                                | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     22157 | NS      | $1569823.45   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp.                               | Trustmark Corp.                                                       | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     21461 | NS      | $912521.72    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins, Inc.                                 | Hawkins, Inc.                                                         | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      7199 | NS      | $937669.75    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                   | Centerspace                                                           | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      5967 | NS      | $383499.09    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                                  | OmniAb, Inc.                                                          | CUSIP: 68218J301<br>LEI: N/A                  | Long             |  | CORP              | US        |      2112 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Abercrombie & Fitch Co.                       | Abercrombie & Fitch Co., Class A                                      | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     17505 | NS      | $1709013.15   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp.                                 | Lindsay Corp.                                                         | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      4097 | NS      | $513231.19    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co.                                 | Crane NXT Co.                                                         | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     20331 | NS      | $1027122.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics, Inc.                     | Soleno Therapeutics, Inc.                                             | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |     16080 | NS      | $620044.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California, Inc.                      | Banc of California, Inc.                                              | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |     46310 | NS      | $925273.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Via Transportation, Inc.                      | Via Transportation, Inc., Class A                                     | CUSIP: 92556W104<br>LEI: 5493008VI9XI9EV3A861 | Long             | EC               | CORP              | US        |      6188 | NS      | $143871.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Kodiak Gas Services, Inc.                     | Kodiak Gas Services, Inc.                                             | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19739 | NS      | $829235.39    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PagerDuty, Inc.                               | PagerDuty, Inc.                                                       | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |     32546 | NS      | $344987.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp.                 | American Superconductor Corp.                                         | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     16491 | NS      | $493410.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd, Inc.                                    | WaFd, Inc.                                                            | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28359 | NS      | $925070.58    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore, Inc.                                  | Atkore, Inc.                                                          | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     12222 | NS      | $848817.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight, Inc.                                  | Alight, Inc., Class A                                                 | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |    156717 | NS      | $239777.01    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus, Inc.                                  | Cactus, Inc., Class A                                                 | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     25691 | NS      | $1444604.93   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet, Inc.                                | Freshpet, Inc.                                                        | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     17235 | NS      | $1201279.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals, Inc.                  | Tarsus Pharmaceuticals, Inc.                                          | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10902 | NS      | $703615.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                                | Constellium SE                                                        | CUSIP: N/A<br>LEI: 724500KRJEMC79KAAU28       | Long             | EC               | CORP              | FR        |     48251 | NS      | $1084199.97   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                  | Vishay Intertechnology, Inc.                                          | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |     38569 | NS      | $777165.35    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT, Inc.                  | Apple Hospitality REIT, Inc.                                          | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     84458 | NS      | $983091.12    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd.                              | SiriusPoint Ltd.                                                      | CUSIP: N/A<br>LEI: 549300OGXFI85N3YZZ51       | Long             | EC               | CORP              | BM        |     36307 | NS      | $741025.87    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp.                                 | Navient Corp.                                                         | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     26019 | NS      | $255246.39    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group, Inc. (The)                         | GEO Group, Inc. (The)                                                 | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     49862 | NS      | $796794.76    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Establishment Labs Holdings, Inc.             | Establishment Labs Holdings, Inc.                                     | CUSIP: N/A<br>LEI: 549300BCBQ714JNJ7V58       | Long             | EC               | CORP              | VG        |      9096 | NS      | $619892.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet, Inc.                                  | Nelnet, Inc., Class A                                                 | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |      4339 | NS      | $572314.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NextDecade Corp.                              | NextDecade Corp.                                                      | CUSIP: 65342K105<br>LEI: 549300XB4GCLNGHFTT48 | Long             | EC               | CORP              | US        |     59912 | NS      | $316934.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| SM Energy Co.                                 | SM Energy Co.                                                         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     80399 | NS      | $1565369.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewise Therapeutics, Inc.                   | Edgewise Therapeutics, Inc.                                           | CUSIP: 28036F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29541 | NS      | $831579.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Slide Insurance Holdings, Inc.                | Slide Insurance Holdings, Inc.                                        | CUSIP: 831349105<br>LEI: 2549004LDWZTPC69SX47 | Long             | EC               | CORP              | US        |     11770 | NS      | $202797.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd.                                    | JFrog Ltd.                                                            | CUSIP: N/A<br>LEI: 2549002N8E00AY49G567       | Long             | EC               | CORP              | IL        |     36489 | NS      | $1999597.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap, Inc.                      | Marcus & Millichap, Inc.                                              | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |      8775 | NS      | $238680.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings, Inc.                 | Atlanta Braves Holdings, Inc., Class A                                | CUSIP: 047726104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3754 | NS      | $165251.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Virtus Investment Partners, Inc.              | Virtus Investment Partners, Inc.                                      | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      2375 | NS      | $387718.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp.                               | NCR Voyix Corp.                                                       | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |     52047 | NS      | $516306.24    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Aveanna Healthcare Holdings, Inc.             | Aveanna Healthcare Holdings, Inc.                                     | CUSIP: 05356F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21227 | NS      | $178306.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.               | National Health Investors, Inc.                                       | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     16806 | NS      | $1380108.72   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets, Inc.                            | Weis Markets, Inc.                                                    | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4777 | NS      | $339883.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Viridian Therapeutics, Inc.                   | Viridian Therapeutics, Inc.                                           | CUSIP: 92790C104<br>LEI: 549300C775BNYF550E70 | Long             | EC               | CORP              | US        |     30688 | NS      | $1012704.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co., Inc.                   | Acadia Healthcare Co., Inc.                                           | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |     34491 | NS      | $463559.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp.                         | JetBlue Airways Corp.                                                 | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |    107628 | NS      | $524148.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Bancorp, Inc.                        | Republic Bancorp, Inc., Class A                                       | CUSIP: 760281204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3144 | NS      | $228285.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Marqeta, Inc.                                 | Marqeta, Inc., Class A                                                | CUSIP: 57142B104<br>LEI: 254900UZARK0FMZGZE18 | Long             | EC               | CORP              | US        |    150392 | NS      | $621118.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Recursion Pharmaceuticals, Inc.               | Recursion Pharmaceuticals, Inc., Class A                              | CUSIP: 75629V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124453 | NS      | $521458.07    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Strategic Education, Inc.                     | Strategic Education, Inc.                                             | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |      8342 | NS      | $709236.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings, Inc.                | Spectrum Brands Holdings, Inc.                                        | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      8310 | NS      | $529430.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.                  | Mueller Water Products, Inc., Class A                                 | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     59063 | NS      | $1598835.41   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                                  | Moelis & Co., Class A                                                 | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     28025 | NS      | $2008551.75   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| St. Joe Co. (The)                             | St. Joe Co. (The)                                                     | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     15350 | NS      | $1016016.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec, Inc.                                | Innospec, Inc.                                                        | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      8948 | NS      | $731230.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| 10X Genomics, Inc.                            | 10X Genomics, Inc., Class A                                           | CUSIP: 88025U109<br>LEI: 5493003Z6741WNLG7H43 | Long             | EC               | CORP              | US        |     39019 | NS      | $788183.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp.                          | Uranium Energy Corp.                                                  | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |    179591 | NS      | $3096148.84   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Amplitude, Inc.                               | Amplitude, Inc., Class A                                              | CUSIP: 03213A104<br>LEI: 984500EZ87C703978858 | Long             | EC               | CORP              | US        |     30748 | NS      | $281959.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave, Inc.                                    | Dave, Inc.                                                            | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3703 | NS      | $606144.07    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Disc Medicine, Inc.                           | Disc Medicine, Inc.                                                   | CUSIP: 254604101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9803 | NS      | $757967.96    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark, Inc.                              | Cleanspark, Inc.                                                      | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |    102677 | NS      | $1215695.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| McGrath RentCorp                              | McGrath RentCorp                                                      | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      9224 | NS      | $1030228.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health, Inc.                          | Teladoc Health, Inc.                                                  | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |     66075 | NS      | $360108.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor, Inc.                             | TripAdvisor, Inc.                                                     | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     42423 | NS      | $563801.67    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp.                     | Curbline Properties Corp.                                             | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |     39056 | NS      | $947108.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GPGI, Inc.                                    | GPGI, Inc.                                                            | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26586 | NS      | $626632.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell, Inc.                                | Omnicell, Inc.                                                        | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     16471 | NS      | $798843.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group, Inc. (The)           | Baldwin Insurance Group, Inc. (The), Class A                          | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26444 | NS      | $579652.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Universal Corp.                               | Universal Corp.                                                       | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |      8528 | NS      | $482599.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO, Inc.                                     | RXO, Inc.                                                             | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     61664 | NS      | $899061.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop, Inc.                         | Walker & Dunlop, Inc.                                                 | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12318 | NS      | $774679.02    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp.                           | IPG Photonics Corp.                                                   | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |      9791 | NS      | $904786.31    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Celcuity, Inc.                                | Celcuity, Inc.                                                        | CUSIP: 15102K100<br>LEI: 25490070W7UU7W2SEY87 | Long             | EC               | CORP              | US        |      6834 | NS      | $747776.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co.                      | Central Garden & Pet Co., Class A                                     | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     18614 | NS      | $570891.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus, Inc.                                | Cargurus, Inc., Class A                                               | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     29352 | NS      | $951004.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd.                           | Capri Holdings Ltd.                                                   | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | VG        |     44495 | NS      | $1004252.15   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                            | Under Armour, Inc., Class C                                           | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |     50500 | NS      | $306535.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Steven Madden Ltd.                            | Steven Madden Ltd.                                                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     24823 | NS      | $1089233.24   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp.                       | Hillman Solutions Corp.                                               | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69901 | NS      | $654972.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCEPT BioRobotics Corp.                     | PROCEPT BioRobotics Corp.                                             | CUSIP: 74276L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20132 | NS      | $583022.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corp.                         | Mercury General Corp.                                                 | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      9322 | NS      | $816513.98    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                    | Korn Ferry                                                            | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     18421 | NS      | $1279706.87   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield Ltd.                      | Cushman & Wakefield Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     82472 | NS      | $1355839.68   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp.                    | OceanFirst Financial Corp.                                            | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20788 | NS      | $389775.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WaVe Life Sciences Ltd.                       | WaVe Life Sciences Ltd.                                               | CUSIP: N/A<br>LEI: 54930070006GPKFYZ813       | Long             | EC               | CORP              | SG        |     49034 | NS      | $634499.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NIQ Global Intelligence plc                   | NIQ Global Intelligence plc                                           | CUSIP: N/A<br>LEI: 529900Z0P0XAM4O3H416       | Long             | EC               | CORP              | IE        |     21279 | NS      | $361530.21    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                        | Cathay General Bancorp                                                | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     24090 | NS      | $1232926.20   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Navan, Inc.                                   | Navan, Inc., Class A                                                  | CUSIP: 639193101<br>LEI: 254900RHRK35UPHTGY05 | Long             | EC               | CORP              | US        |     13993 | NS      | $160639.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite, Inc.                                 | Magnite, Inc.                                                         | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     50081 | NS      | $724672.07    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions, Inc.                         | Viavi Solutions, Inc.                                                 | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |     78120 | NS      | $1910815.20   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                  | United Community Banks, Inc.                                          | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     42660 | NS      | $1468783.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co.                             | Boise Cascade Co.                                                     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     14309 | NS      | $1156310.29   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ideaya Biosciences, Inc.                      | Ideaya Biosciences, Inc.                                              | CUSIP: 45166A102<br>LEI: 549300ULW08F62IJML11 | Long             | EC               | CORP              | US        |     31719 | NS      | $1021034.61   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co. (The)                             | Brink's Co. (The)                                                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     15605 | NS      | $1982459.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp.                     | National HealthCare Corp.                                             | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |      4702 | NS      | $672903.22    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dianthus Therapeutics, Inc.                   | Dianthus Therapeutics, Inc.                                           | CUSIP: 252828108<br>LEI: 549300Z3N6ODPCOFC890 | Long             | EC               | CORP              | US        |     10709 | NS      | $571753.51    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Praxis Precision Medicines, Inc.              | Praxis Precision Medicines, Inc.                                      | CUSIP: 74006W207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8468 | NS      | $2658952.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp.                        | Twist Bioscience Corp.                                                | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     22432 | NS      | $921282.24    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Concentra Group Holdings Parent, Inc.         | Concentra Group Holdings Parent, Inc.                                 | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44743 | NS      | $992399.74    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp.                             | LendingClub Corp.                                                     | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |     41797 | NS      | $706787.27    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Transocean Ltd.                               | Transocean Ltd.                                                       | CUSIP: N/A<br>LEI: 529900QO4W5DQGBGEF32       | Long             | EC               | CORP              | CH        |    327879 | NS      | $1629558.63   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistance Networks, Inc.                       | Vistance Networks, Inc.                                               | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |     77308 | NS      | $1391544.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| QuidelOrtho Corp.                             | QuidelOrtho Corp.                                                     | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |     24894 | NS      | $676369.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corp.                                 | Visteon Corp.                                                         | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      9265 | NS      | $841817.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International, Inc.                       | ICF International, Inc.                                               | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      6580 | NS      | $613585.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms, Inc.                          | Riot Platforms, Inc.                                                  | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |    130208 | NS      | $2014317.76   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia, Inc.                                  | Phinia, Inc.                                                          | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     14762 | NS      | $1050611.54   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex, Inc.                                  | Vertex, Inc., Class A                                                 | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     25326 | NS      | $469797.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group, Inc.               | Healthcare Services Group, Inc.                                       | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     25468 | NS      | $479307.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group, Inc.                  | Safety Insurance Group, Inc.                                          | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |      5260 | NS      | $413962.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC, Inc.                                     | IAC, Inc.                                                             | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     25479 | NS      | $941449.05    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp.                                   | Brady Corp., Class A                                                  | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     16084 | NS      | $1390783.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| J&J Snack Foods Corp.                         | J & J Snack Foods Corp.                                               | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |      5707 | NS      | $542165.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp.                                 | Griffon Corp.                                                         | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     15063 | NS      | $1226881.35   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations, Inc.                      | Power Integrations, Inc.                                              | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     20473 | NS      | $940529.62    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings, Inc.                       | Cinemark Holdings, Inc.                                               | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |     37722 | NS      | $893256.96    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group                | California Water Service Group                                        | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |     22445 | NS      | $1003291.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp.                                   | Terex Corp.                                                           | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     23821 | NS      | $1357797.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Group, Inc.                 | LifeStance Health Group, Inc.                                         | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59200 | NS      | $418544.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts, Inc.                      | Advance Auto Parts, Inc.                                              | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     21409 | NS      | $1027846.09   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Greif, Inc.                                   | Greif, Inc., Class A                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |      9033 | NS      | $637910.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp.                                 | Legence Corp., Class A                                                | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10465 | NS      | $490913.15    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm, Inc.                                | Gentherm, Inc.                                                        | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |     11176 | NS      | $357184.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions, Inc.                            | ACV Auctions, Inc., Class A                                           | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58280 | NS      | $455166.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co.                           | Middlesex Water Co.                                                   | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6722 | NS      | $352098.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentsply Sirona, Inc.                         | Dentsply Sirona, Inc.                                                 | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |     72734 | NS      | $906992.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp.                       | National Beverage Corp.                                               | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |     10041 | NS      | $342197.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares, Inc.                     | Live Oak Bancshares, Inc.                                             | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13411 | NS      | $535903.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass, Inc.                                 | Compass, Inc., Class A                                                | CUSIP: 20464U100<br>LEI: 254900DMGQSTC3I2IM78 | Long             | EC               | CORP              | US        |    226728 | NS      | $2838634.56   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                      | Janux Therapeutics, Inc.                                              | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14502 | NS      | $198822.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Seaboard Corp.                                | Seaboard Corp.                                                        | CUSIP: 811543107<br>LEI: 87Q3KOXT29OW9W9YPT70 | Long             | EC               | CORP              | US        |        90 | NS      | $457405.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Novocure Ltd.                                 | Novocure Ltd.                                                         | CUSIP: N/A<br>LEI: 213800YPP55UMHWA4826       | Long             | EC               | CORP              | JE        |     38103 | NS      | $472477.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings, Inc.            | Miami International Holdings, Inc.                                    | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |      6256 | NS      | $261062.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy, Inc.                                | La-Z-Boy, Inc.                                                        | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     14438 | NS      | $525687.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group, Inc.                               | REV Group, Inc.                                                       | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     17404 | NS      | $1112115.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises, Inc.                     | Insight Enterprises, Inc.                                             | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |     10507 | NS      | $882798.14    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuri Holdings, Inc.                        | Centuri Holdings, Inc.                                                | CUSIP: 155923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9138 | NS      | $252208.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares, Inc.                      | Eastern Bankshares, Inc.                                              | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     80183 | NS      | $1642548.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Amicus Therapeutics, Inc.                     | Amicus Therapeutics, Inc.                                             | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |     96191 | NS      | $1374569.39   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp.                                 | ArcBest Corp.                                                         | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      8106 | NS      | $731323.32    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                | Victory Capital Holdings, Inc., Class A                               | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     17326 | NS      | $1222002.78   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookdale Senior Living, Inc.                 | Brookdale Senior Living, Inc.                                         | CUSIP: 112463104<br>LEI: LH7MQB13NWY7CJ9VC445 | Long             | EC               | CORP              | US        |     82148 | NS      | $1232220.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems, Inc.                         | Mercury Systems, Inc.                                                 | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     19482 | NS      | $1828970.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp.                          | Verra Mobility Corp.                                                  | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     59861 | NS      | $1155317.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corp.                             | First Busey Corp.                                                     | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |     32379 | NS      | $798142.35    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics, Inc.                        | PTC Therapeutics, Inc.                                                | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     26638 | NS      | $2011968.14   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys, Inc.                                | Agilysys, Inc.                                                        | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      9532 | NS      | $826901.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical, Inc.               | Ultragenyx Pharmaceutical, Inc.                                       | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     33518 | NS      | $806778.26    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks, Inc.                              | Freshworks, Inc., Class A                                             | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |     74129 | NS      | $799110.62    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co.                      | Sphere Entertainment Co.                                              | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |      9152 | NS      | $874107.52    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Apollo Commercial Real Estate Finance, Inc.   | Apollo Commercial Real Estate Finance, Inc.                           | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |     46456 | NS      | $502189.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp, Inc.                            | Hope Bancorp, Inc.                                                    | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |     46104 | NS      | $552325.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                                   | H2O America                                                           | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11778 | NS      | $612927.12    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvalent, Inc.                                | Nuvalent, Inc., Class A                                               | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16916 | NS      | $1740487.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR Residential REIT, Inc.                 | ARMOUR Residential REIT, Inc.                                         | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |     42321 | NS      | $736385.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp.                                 | Winmark Corp.                                                         | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1117 | NS      | $503420.73    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp.                                     | HNI Corp.                                                             | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     24938 | NS      | $1191787.02   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure, Inc.                                | AtriCure, Inc.                                                        | CUSIP: 04963C209<br>LEI: 254900B2I6GPHK2EXM59 | Long             | EC               | CORP              | US        |     18559 | NS      | $685383.87    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp.                                  | Plexus Corp.                                                          | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |      9590 | NS      | $1911574.70   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Asana, Inc.                                   | Asana, Inc., Class A                                                  | CUSIP: 04342Y104<br>LEI: 254900X7UAJNMLPLZ510 | Long             | EC               | CORP              | US        |     34187 | NS      | $350416.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus, Inc.                                   | ePlus, Inc.                                                           | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      9507 | NS      | $815795.67    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                                | Huntsman Corp.                                                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     58980 | NS      | $638163.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp.                 | Six Flags Entertainment Corp.                                         | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |     35486 | NS      | $639102.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Perimeter Solutions, Inc.                     | Perimeter Solutions, Inc.                                             | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50351 | NS      | $1316678.65   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings, Inc.                    | Ultra Clean Holdings, Inc.                                            | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     15906 | NS      | $694774.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                 | Ashland, Inc.                                                         | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     16688 | NS      | $1020638.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts, Inc.                        | Red Rock Resorts, Inc., Class A                                       | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19076 | NS      | $1204267.88   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC, Inc.                                 | EVERTEC, Inc.                                                         | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     22488 | NS      | $674864.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co. (The)                         | Gorman-Rupp Co. (The)                                                 | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |      7802 | NS      | $425130.98    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies, Inc.                       | ESCO Technologies, Inc.                                               | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      9107 | NS      | $2077944.19   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                   | Horace Mann Educators Corp.                                           | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     14433 | NS      | $646742.73    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co.                                   | Tennant Co.                                                           | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      7096 | NS      | $539934.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.       | Skyward Specialty Insurance Group, Inc.                               | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     11403 | NS      | $508801.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands, Inc.                           | Newell Brands, Inc.                                                   | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |    142548 | NS      | $605829.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance, Inc.                     | Goosehead Insurance, Inc., Class A                                    | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |      9114 | NS      | $563609.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp, Inc.                             | NBT Bancorp, Inc.                                                     | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18517 | NS      | $822710.31    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                     | VSE Corp.                                                             | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      7942 | NS      | $1735882.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mister Car Wash, Inc.                         | Mister Car Wash, Inc.                                                 | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39635 | NS      | $219974.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Financial Corp.                        | Beacon Financial Corp.                                                | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     30689 | NS      | $870033.15    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust, Inc.               | Blackstone Mortgage Trust, Inc., Class A                              | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |     62019 | NS      | $1193865.75   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Burford Capital Ltd.                          | Burford Capital Ltd.                                                  | CUSIP: N/A<br>LEI: 549300FUKUWFYJMT2277       | Long             | EC               | CORP              | GG        |     75173 | NS      | $728426.37    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Quantum Computing, Inc.                       | Quantum Computing, Inc.                                               | CUSIP: 74766W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49385 | NS      | $457798.95    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| National Bank Holdings Corp.                  | National Bank Holdings Corp., Class A                                 | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12719 | NS      | $511049.42    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog, Inc.                                    | Moog, Inc., Class A                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     10632 | NS      | $3246481.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovix Corp.                                  | Enovix Corp.                                                          | CUSIP: 293594107<br>LEI: 549300EC7NZGWORHYJ53 | Long             | EC               | CORP              | US        |     55202 | NS      | $365437.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Warby Parker, Inc.                            | Warby Parker, Inc., Class A                                           | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33345 | NS      | $850630.95    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals, Inc.                   | Mirum Pharmaceuticals, Inc.                                           | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |     14650 | NS      | $1512173.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parks & Resorts, Inc.                  | United Parks & Resorts, Inc.                                          | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |      9114 | NS      | $343142.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Chimera Investment Corp.                      | Chimera Investment Corp.                                              | CUSIP: 16934Q802<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EC               | CORP              | US        |     29801 | NS      | $368042.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System, Inc.              | Community Financial System, Inc.                                      | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     19213 | NS      | $1200812.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp                           | Westamerica BanCorp                                                   | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |      8985 | NS      | $454461.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                            | Under Armour, Inc., Class A                                           | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |     67814 | NS      | $418412.38    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| First Commonwealth Financial Corp.            | First Commonwealth Financial Corp.                                    | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |     35840 | NS      | $646195.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp.                                | UniFirst Corp.                                                        | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      5419 | NS      | $1165085.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OPKO Health, Inc.                             | OPKO Health, Inc.                                                     | CUSIP: 68375N103<br>LEI: 529900A4S2D4OGOJLL02 | Long             | EC               | CORP              | US        |    136589 | NS      | $172102.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education, Inc.                      | Laureate Education, Inc., Class A                                     | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     46486 | NS      | $1594469.80   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                          | Axos Financial, Inc.                                                  | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     18604 | NS      | $1841609.96   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank                                    | Towne Bank                                                            | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     25982 | NS      | $909370.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics, Inc.                              | Photronics, Inc.                                                      | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     21616 | NS      | $747265.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education, Inc.                | Adtalem Global Education, Inc.                                        | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     13916 | NS      | $1441001.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts, Inc.                  | Xenia Hotels & Resorts, Inc.                                          | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     35517 | NS      | $523875.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida             | Seacoast Banking Corp. of Florida                                     | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |     29873 | NS      | $998953.12    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare, Inc.                    | Alignment Healthcare, Inc.                                            | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41160 | NS      | $927334.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings, Inc.                 | Atlanta Braves Holdings, Inc., Class C                                | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17540 | NS      | $700372.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Business Travel Group I                | Global Business Travel Group I                                        | CUSIP: 37890B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56032 | NS      | $383819.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Columbia Sportswear Co.                       | Columbia Sportswear Co.                                               | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |      9901 | NS      | $547327.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater, Inc.                               | Tidewater, Inc.                                                       | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     17514 | NS      | $1094449.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp.                   | InvenTrust Properties Corp.                                           | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     27845 | NS      | $818364.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride, Inc.                                  | Stride, Inc.                                                          | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     15169 | NS      | $1283297.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Energy Solutions, Inc.                  | Atlas Energy Solutions, Inc.                                          | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27925 | NS      | $325884.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Levi Strauss & Co.                            | Levi Strauss & Co., Class A                                           | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |     32905 | NS      | $654151.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient plc                                    | Adient plc                                                            | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | IE        |     31631 | NS      | $657924.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce, Inc.                 | Fresh Del Monte Produce, Inc.                                         | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | KY        |     13605 | NS      | $539574.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity, Inc.                               | Insperity, Inc.                                                       | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     13027 | NS      | $556643.71    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd.                                 | Seadrill Ltd.                                                         | CUSIP: N/A<br>LEI: 213800EQ6L456U2JCO89       | Long             | EC               | CORP              | BM        |     22039 | NS      | $848060.72    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings, Inc.                | National Vision Holdings, Inc.                                        | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     28041 | NS      | $738880.35    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G Annuities & Life, Inc.                    | F&G Annuities & Life, Inc.                                            | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13653 | NS      | $402626.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies, Inc.                        | UFP Technologies, Inc.                                                | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      2862 | NS      | $718762.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Alexander's, Inc.                             | Alexander's, Inc.                                                     | CUSIP: 014752109<br>LEI: 549300TZM28P04U5R635 | Long             | EC               | CORP              | US        |       794 | NS      | $194450.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Xencor, Inc.                                  | Xencor, Inc.                                                          | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |     22277 | NS      | $269328.93    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Mortgage Investment Trust            | PennyMac Mortgage Investment Trust                                    | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |     32646 | NS      | $386202.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings, Inc.           | Clearwater Analytics Holdings, Inc., Class A                          | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101040 | NS      | $2434053.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp.                                | Teradata Corp.                                                        | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |     32578 | NS      | $929124.56    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics, Inc.                    | Sarepta Therapeutics, Inc.                                            | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |     38169 | NS      | $776357.46    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcutis Biotherapeutics, Inc.                 | Arcutis Biotherapeutics, Inc.                                         | CUSIP: 03969K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40777 | NS      | $1034512.49   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co. (The)                   | Simply Good Foods Co. (The)                                           | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32653 | NS      | $612896.81    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                     | CNO Financial Group, Inc.                                             | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     37213 | NS      | $1564806.65   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems, Inc.              | Telephone and Data Systems, Inc.                                      | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |     34416 | NS      | $1553194.08   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                             | CG oncology, Inc.                                                     | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20583 | NS      | $1071345.15   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp.                          | Peabody Energy Corp.                                                  | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |     41463 | NS      | $1461985.38   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management, Inc.                | Acadian Asset Management, Inc.                                        | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |     10380 | NS      | $575259.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Rare Earth, Inc.                          | USA Rare Earth, Inc.                                                  | CUSIP: 91733P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37979 | NS      | $851489.18    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Kestra Medical Technologies Ltd.              | Kestra Medical Technologies Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     11422 | NS      | $281780.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| FB Financial Corp.                            | FB Financial Corp.                                                    | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     14747 | NS      | $848394.91    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Aerospace, Inc.                       | Firefly Aerospace, Inc.                                               | CUSIP: 31816X106<br>LEI: 529900JPYLDP30163X55 | Long             | EC               | CORP              | US        |     10117 | NS      | $254948.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Concentrix Corp.                              | Concentrix Corp.                                                      | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     15306 | NS      | $571679.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings, Inc.                   | DoubleVerify Holdings, Inc.                                           | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51116 | NS      | $553075.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp.                                  | Neogen Corp.                                                          | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |     73542 | NS      | $751599.24    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                     | AAR Corp.                                                             | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     13952 | NS      | $1477656.32   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova plc                                  | LivaNova plc                                                          | CUSIP: N/A<br>LEI: 2138001K2FX6SHK2B339       | Long             | EC               | CORP              | GB        |     20338 | NS      | $1336409.98   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals, Inc.                  | Syndax Pharmaceuticals, Inc.                                          | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |     29921 | NS      | $607695.51    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Life360, Inc.                                 | Life360, Inc.                                                         | CUSIP: 532206109<br>LEI: 254900VO9VDOQBQAHF07 | Long             | EC               | CORP              | US        |     27739 | NS      | $1589167.31   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Hawaiian Electric Industries, Inc.            | Hawaiian Electric Industries, Inc.                                    | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     65076 | NS      | $996964.32    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce, Inc.                            | SPS Commerce, Inc.                                                    | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |     14267 | NS      | $1273472.42   | 0.19%             |  |  |  | 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        |  42532696 | NS      | $42532695.85  | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half, Inc.                             | Robert Half, Inc.                                                     | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     38095 | NS      | $1318467.95   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp.                         | Associated Banc-Corp.                                                 | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     61920 | NS      | $1687939.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp.                  | Grocery Outlet Holding Corp.                                          | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33805 | NS      | $322161.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust, Inc.             | Four Corners Property Trust, Inc.                                     | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     40032 | NS      | $986788.80    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo, Inc.                                    | Gogo, Inc.                                                            | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     24311 | NS      | $111587.49    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group, Inc.               | Janus International Group, Inc.                                       | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40809 | NS      | $279949.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive, Inc.                     | Peloton Interactive, Inc., Class A                                    | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |    142517 | NS      | $796670.03    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd.                          | Signet Jewelers Ltd.                                                  | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |     14017 | NS      | $1293348.59   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure, Inc.                            | Clear Secure, Inc., Class A                                           | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31379 | NS      | $1023582.98   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp.            | Marriott Vacations Worldwide Corp.                                    | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     11039 | NS      | $599528.09    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Easterly Government Properties, Inc.          | Easterly Government Properties, Inc., Class A                         | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |     15820 | NS      | $370029.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest, Inc.                                 | SkyWest, Inc.                                                         | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     14678 | NS      | $1416720.56   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp.                         | First Merchants Corp.                                                 | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     20219 | NS      | $803907.44    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp.                                  | Avista Corp.                                                          | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     30229 | NS      | $1248155.41   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                                 | First Bancorp                                                         | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14628 | NS      | $847400.04    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp.                          | Ladder Capital Corp.                                                  | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |     43144 | NS      | $473289.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors, Inc.                | Sunstone Hotel Investors, Inc.                                        | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |     69631 | NS      | $610663.87    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Beam Therapeutics, Inc.                       | Beam Therapeutics, Inc.                                               | CUSIP: 07373V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34460 | NS      | $951785.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Agios Pharmaceuticals, Inc.                   | Agios Pharmaceuticals, Inc.                                           | CUSIP: 00847X104<br>LEI: 529900ONJHY8EOGYT555 | Long             | EC               | CORP              | US        |     21642 | NS      | $593856.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp.                         | Kaiser Aluminum Corp.                                                 | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5690 | NS      | $697707.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                          | LXP Industrial Trust                                                  | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     22252 | NS      | $1102586.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lionsgate Studios Corp.                       | Lionsgate Studios Corp.                                               | CUSIP: 53626N102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     84078 | NS      | $793696.32    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                             | Knife River Corp.                                                     | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19200 | NS      | $1289664.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings, Inc.                            | IES Holdings, Inc.                                                    | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      3159 | NS      | $1201336.11   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Extreme Networks, Inc.                        | Extreme Networks, Inc.                                                | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |     50088 | NS      | $730283.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardelyx, Inc.                                 | Ardelyx, Inc.                                                         | CUSIP: 039697107<br>LEI: 549300F542QR4SXHCY32 | Long             | EC               | CORP              | US        |     83742 | NS      | $643975.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC, Inc.                                     | RPC, Inc.                                                             | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33085 | NS      | $220015.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co.                                     | WD-40 Co.                                                             | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |      5093 | NS      | $1177654.39   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corp.                           | Park National Corp.                                                   | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |      5518 | NS      | $899102.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings, Inc.                        | Palomar Holdings, Inc.                                                | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      9842 | NS      | $1216372.78   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics, Inc.                          | ADMA Biologics, Inc.                                                  | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88026 | NS      | $1522849.80   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| International Seaways, Inc.                   | International Seaways, Inc.                                           | CUSIP: N/A<br>LEI: 549300YUFDGFRNGBWF46       | Long             | EC               | CORP              | MH        |     14143 | NS      | $843629.95    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Callaway Golf Co.                             | Callaway Golf Co.                                                     | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |     47408 | NS      | $680304.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp.                                  | Enovis Corp.                                                          | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     20721 | NS      | $456690.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                       | Pebblebrook Hotel Trust                                               | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     44516 | NS      | $508372.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix, Inc.                                   | Calix, Inc.                                                           | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |     22120 | NS      | $988100.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amneal Pharmaceuticals, Inc.                  | Amneal Pharmaceuticals, Inc.                                          | CUSIP: 03168L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46524 | NS      | $636448.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Plug Power, Inc.                              | Plug Power, Inc.                                                      | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    390514 | NS      | $825937.11    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| American States Water Co.                     | American States Water Co.                                             | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     14534 | NS      | $1060400.64   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                        | Cavco Industries, Inc.                                                | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2756 | NS      | $1356007.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                         | Urban Edge Properties                                                 | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47129 | NS      | $915716.47    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta, Inc.                                  | Azenta, Inc.                                                          | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     15046 | NS      | $584988.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co. plc                               | Perrigo Co. plc                                                       | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |     48625 | NS      | $690961.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals, Inc.               | Crinetics Pharmaceuticals, Inc.                                       | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |     37645 | NS      | $1879991.30   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana, Inc.                                    | Dana, Inc.                                                            | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |     39719 | NS      | $1147879.10   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                     | Alexander & Baldwin, Inc.                                             | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27373 | NS      | $567716.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners, Inc.                        | Surgery Partners, Inc.                                                | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     27157 | NS      | $403553.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp                                 | First BanCorp                                                         | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     55139 | NS      | $1219674.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ondas, Inc.                                   | Ondas, Inc.                                                           | CUSIP: 68236H204<br>LEI: 549300JWLHDUB82V8607 | Long             | EC               | CORP              | US        |    138338 | NS      | $1433181.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| GeneDx Holdings Corp.                         | GeneDx Holdings Corp.                                                 | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7513 | NS      | $723201.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp.            | Stewart Information Services Corp.                                    | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     10700 | NS      | $721501.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Celldex Therapeutics, Inc.                    | Celldex Therapeutics, Inc.                                            | CUSIP: 15117B202<br>LEI: 529900F018DMYWH38923 | Long             | EC               | CORP              | US        |     19728 | NS      | $485308.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co. (The)              | Goodyear Tire & Rubber Co. (The)                                      | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |     97150 | NS      | $914181.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp.                                  | Rogers Corp.                                                          | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      6252 | NS      | $607944.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp.                                | Materion Corp.                                                        | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |      7394 | NS      | $1022442.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings, Inc.                           | YETI Holdings, Inc.                                                   | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     30086 | NS      | $1375231.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Calumet, Inc.                                 | Calumet, Inc.                                                         | CUSIP: 131428104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24832 | NS      | $556485.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| IMAX Corp.                                    | IMAX Corp.                                                            | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |     16518 | NS      | $576643.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International, Inc.               | CSG Systems International, Inc.                                       | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      9707 | NS      | $774133.25    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                           | Newmark Group, Inc., Class A                                          | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54360 | NS      | $969238.80    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcus Biosciences, Inc.                       | Arcus Biosciences, Inc.                                               | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31745 | NS      | $667914.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                     | Century Communities, Inc.                                             | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      9470 | NS      | $596420.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises, Inc.                 | Worthington Enterprises, Inc.                                         | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |     11340 | NS      | $630163.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease, Inc.                        | Global Net Lease, Inc.                                                | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     74998 | NS      | $709481.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares, Inc.                  | ServisFirst Bancshares, Inc.                                          | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20407 | NS      | $1670312.95   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials, Inc.                         | CSW Industrials, Inc.                                                 | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      6210 | NS      | $1676575.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media, Inc.                          | Outfront Media, Inc.                                                  | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     53332 | NS      | $1297034.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp.                           | CNX Resources Corp.                                                   | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     46859 | NS      | $1818129.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group, Inc.                         | StepStone Group, Inc., Class A                                        | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23924 | NS      | $1691187.56   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals, Inc.                | Catalyst Pharmaceuticals, Inc.                                        | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     43078 | NS      | $1046795.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                           | Acadia Realty Trust                                                   | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |     49062 | NS      | $981730.62    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp.                        | Fulton Financial Corp.                                                | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |     68496 | NS      | $1414442.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Flywire Corp.                                 | Flywire Corp.                                                         | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |     39943 | NS      | $503281.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA Pharmaceuticals, Inc.                  | ACADIA Pharmaceuticals, Inc.                                          | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |     46558 | NS      | $1170002.54   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant, Inc.                                  | Kadant, Inc.                                                          | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      4236 | NS      | $1359925.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corp.                              | 1st Source Corp.                                                      | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6993 | NS      | $470838.69    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara, Inc.                                 | Certara, Inc.                                                         | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45196 | NS      | $397272.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr, Inc.                                | Sprinklr, Inc., Class A                                               | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |     42551 | NS      | $271475.38    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings, Inc.                   | Hertz Global Holdings, Inc.                                           | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |     41286 | NS      | $202301.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy, Inc.                              | MGE Energy, Inc.                                                      | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13768 | NS      | $1099787.84   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares, Inc.                      | Nicolet Bankshares, Inc.                                              | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5160 | NS      | $753256.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Biosciences, Inc.                      | Cogent Biosciences, Inc.                                              | CUSIP: 19240Q201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44096 | NS      | $1583487.36   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Optoelectronics, Inc.                 | Applied Optoelectronics, Inc.                                         | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |     23651 | NS      | $1031420.11   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group, Inc.                               | Hub Group, Inc., Class A                                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21186 | NS      | $1008029.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Coursera, Inc.                                | Coursera, Inc.                                                        | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |     43163 | NS      | $261567.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group, Inc.                               | HCI Group, Inc.                                                       | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |      3791 | NS      | $601517.97    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp.                      | Enerpac Tool Group Corp.                                              | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     20490 | NS      | $826976.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National, Inc.                      | Schneider National, Inc., Class B                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     17081 | NS      | $458454.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9, Inc.                                   | Five9, Inc.                                                           | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |     26007 | NS      | $459283.62    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank NA                              | Flagstar Bank NA                                                      | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |    112623 | NS      | $1488876.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemours Co. (The)                            | Chemours Co. (The)                                                    | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |     56023 | NS      | $839784.77    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals, Inc.                | BioCryst Pharmaceuticals, Inc.                                        | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |     79954 | NS      | $526097.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                | Ameris Bancorp                                                        | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     23534 | NS      | $1897311.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings, Inc.                        | Kinetik Holdings, Inc., Class A                                       | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8603 | NS      | $351948.73    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Cadre Holdings, Inc.                          | Cadre Holdings, Inc.                                                  | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |      9220 | NS      | $368892.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties, Inc.        | Innovative Industrial Properties, Inc.                                | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     10545 | NS      | $509534.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Digital Infrastructure, Inc.            | Array Digital Infrastructure, Inc.                                    | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |      4515 | NS      | $217577.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                  | Sabra Health Care REIT, Inc.                                          | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     81706 | NS      | $1530353.38   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy, Inc.                     | US Physical Therapy, Inc.                                             | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |      5528 | NS      | $463633.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy, Inc.                              | CVR Energy, Inc.                                                      | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |     11456 | NS      | $260509.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics, Inc.                               | Synaptics, Inc.                                                       | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     14746 | NS      | $1216692.46   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                          | WSFS Financial Corp.                                                  | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     20282 | NS      | $1312853.86   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp.                | International Bancshares Corp.                                        | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     20162 | NS      | $1404081.68   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings, Inc.                   | Sally Beauty Holdings, Inc.                                           | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     35239 | NS      | $536337.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio, Inc.                                | Appfolio, Inc., Class A                                               | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |      8655 | NS      | $1643411.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions, Inc.                           | TIC Solutions, Inc.                                                   | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |     53064 | NS      | $535946.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp.                            | World Kinect Corp.                                                    | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     20654 | NS      | $555799.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Amprius Technologies, Inc.                    | Amprius Technologies, Inc.                                            | CUSIP: 03214Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36738 | NS      | $457020.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ouster, Inc.                                  | Ouster, Inc.                                                          | CUSIP: 68989M202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21089 | NS      | $439283.87    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks, Inc.                            | A10 Networks, Inc.                                                    | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |     27052 | NS      | $471786.88    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries, Inc.                      | Patrick Industries, Inc.                                              | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     12185 | NS      | $1537381.45   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals, Inc.               | Arrowhead Pharmaceuticals, Inc.                                       | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |     45206 | NS      | $3134131.98   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group, Inc.                             | Uniti Group, Inc.                                                     | CUSIP: 912932100<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |     68803 | NS      | $572440.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp.                                  | Banner Corp.                                                          | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11867 | NS      | $733855.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons, Inc.                       | John Wiley & Sons, Inc., Class A                                      | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |     16400 | NS      | $512172.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp, Inc.                          | Origin Bancorp, Inc.                                                  | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     11106 | NS      | $475669.98    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                            | NMI Holdings, Inc., Class A                                           | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     27505 | NS      | $1064993.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos., Inc. (The)                   | Greenbrier Cos., Inc. (The)                                           | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     10432 | NS      | $525981.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                                   | Itron, Inc.                                                           | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     17163 | NS      | $1700510.04   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis, Inc.                              | Ziff Davis, Inc.                                                      | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     14373 | NS      | $549336.06    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED Corp.                                  | CONMED Corp.                                                          | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     11618 | NS      | $446015.02    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                         | SL Green Realty Corp.                                                 | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     26817 | NS      | $1200865.26   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group, Inc.                     | DigitalBridge Group, Inc.                                             | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |     57147 | NS      | $879492.33    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor, Inc.                               | Frontdoor, Inc.                                                       | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     27089 | NS      | $1601230.79   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                               | M/I Homes, Inc.                                                       | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      9360 | NS      | $1251432.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunovant, Inc.                              | Immunovant, Inc.                                                      | CUSIP: 45258J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29576 | NS      | $768976.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| MYR Group, Inc.                               | MYR Group, Inc.                                                       | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      5622 | NS      | $1405724.88   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals, Inc.               | Amphastar Pharmaceuticals, Inc.                                       | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |     12659 | NS      | $335336.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts, Inc.                   | Park Hotels & Resorts, Inc.                                           | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     76020 | NS      | $830898.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| GRAIL, Inc.                                   | GRAIL, Inc.                                                           | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |      9450 | NS      | $924399.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings, Inc.                        | Hayward Holdings, Inc.                                                | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76025 | NS      | $1227043.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger, Inc.                                  | Tanger, Inc.                                                          | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     42157 | NS      | $1379377.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Appian Corp.                                  | Appian Corp., Class A                                                 | CUSIP: 03782L101<br>LEI: 529900NIARIFW7HGU386 | Long             | EC               | CORP              | US        |     11603 | NS      | $323723.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties, Inc.                          | LTC Properties, Inc.                                                  | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     16996 | NS      | $619844.12    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                       | Primoris Services Corp.                                               | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     20126 | NS      | $2983679.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Trupanion, Inc.                               | Trupanion, Inc.                                                       | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |     13016 | NS      | $416381.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger, Inc.                             | Schrodinger, Inc.                                                     | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |     20941 | NS      | $292545.77    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners, Inc.                   | Construction Partners, Inc., Class A                                  | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     17656 | NS      | $1940041.28   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies, Inc.                     | Helios Technologies, Inc.                                             | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     11858 | NS      | $768161.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial, Inc.                       | Triumph Financial, Inc.                                               | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |      8136 | NS      | $513300.24    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co.                                 | Organon & Co.                                                         | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |     93281 | NS      | $796619.74    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services, Inc.            | BrightSpring Health Services, Inc.                                    | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25660 | NS      | $1007668.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Intellia Therapeutics, Inc.                   | Intellia Therapeutics, Inc.                                           | CUSIP: 45826J105<br>LEI: 5493002T5BCPE5DZC723 | Long             | EC               | CORP              | US        |     36916 | NS      | $485445.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| AdaptHealth Corp.                             | AdaptHealth Corp.                                                     | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34461 | NS      | $346333.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co.                            | STAAR Surgical Co.                                                    | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |     12526 | NS      | $237367.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals, Inc.                | Supernus Pharmaceuticals, Inc.                                        | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     18607 | NS      | $896113.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust, Inc.                      | Arbor Realty Trust, Inc.                                              | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |     71727 | NS      | $552297.90    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| German American Bancorp, Inc.                 | German American Bancorp, Inc.                                         | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |     13796 | NS      | $580397.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sila Realty Trust, Inc.                       | Sila Realty Trust, Inc.                                               | CUSIP: 146280508<br>LEI: 549300HXH142HWKKSW59 | Long             | EC               | CORP              | US        |     20591 | NS      | $501390.85    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp.                                    | Olin Corp.                                                            | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     41960 | NS      | $873187.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products, Inc.                         | Dorman Products, Inc.                                                 | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      9862 | NS      | $1224860.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj, Inc.                                  | Impinj, Inc.                                                          | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     10031 | NS      | $1385281.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Zenas Biopharma, Inc.                         | Zenas Biopharma, Inc.                                                 | CUSIP: 98937L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9685 | NS      | $177913.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| C3.ai, Inc.                                   | C3.ai, Inc., Class A                                                  | CUSIP: 12468P104<br>LEI: 549300YDLK0YQO5B1V80 | Long             | EC               | CORP              | US        |     44862 | NS      | $493930.62    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                      | Boot Barn Holdings, Inc.                                              | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     10805 | NS      | $1928476.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes, Inc.                                  | Diodes, Inc.                                                          | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     16647 | NS      | $985335.93    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardent Health, Inc.                           | Ardent Health, Inc.                                                   | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8796 | NS      | $71863.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Precigen, Inc.                                | Precigen, Inc.                                                        | CUSIP: 74017N105<br>LEI: 549300XCWNQU35K64G19 | Long             | EC               | CORP              | US        |     69600 | NS      | $312504.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonic Automotive, Inc.                        | Sonic Automotive, Inc., Class A                                       | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |      5243 | NS      | $314370.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co.                                 | HB Fuller Co.                                                         | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     19641 | NS      | $1180424.10   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurinia Pharmaceuticals, Inc.                 | Aurinia Pharmaceuticals, Inc.                                         | CUSIP: 05156V102<br>LEI: 5299008YP2BW4570ML28 | Long             | EC               | CORP              | CA        |     44853 | NS      | $651714.09    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties, Inc.                     | Millrose Properties, Inc., Class A                                    | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45596 | NS      | $1358760.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International, Inc.                      | Digi International, Inc.                                              | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     13043 | NS      | $561762.01    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold, Inc.                                | Safehold, Inc.                                                        | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |     17111 | NS      | $241436.21    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International, Inc.               | Papa John's International, Inc.                                       | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |     11712 | NS      | $411911.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort, Inc.                 | Monarch Casino & Resort, Inc.                                         | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      5002 | NS      | $457833.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholar Rock Holding Corp.                    | Scholar Rock Holding Corp.                                            | CUSIP: 80706P103<br>LEI: 549300Z1FLPGL4OWJ459 | Long             | EC               | CORP              | US        |     26438 | NS      | $1172260.92   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals, Inc.                     | ANI Pharmaceuticals, Inc.                                             | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      6800 | NS      | $556580.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp, Inc.                                  | Intapp, Inc.                                                          | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20655 | NS      | $701237.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Harrow, Inc.                                  | Harrow, Inc.                                                          | CUSIP: 415858109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10090 | NS      | $413084.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Protagonist Therapeutics, Inc.                | Protagonist Therapeutics, Inc.                                        | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19768 | NS      | $1617022.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                           | ACI Worldwide, Inc.                                                   | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     39746 | NS      | $1723386.56   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group, Inc.                  | Huron Consulting Group, Inc.                                          | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      6426 | NS      | $1085994.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ImmunityBio, Inc.                             | ImmunityBio, Inc.                                                     | CUSIP: 45256X103<br>LEI: 529900J9XLBR4HFL4B83 | Long             | EC               | CORP              | US        |    125030 | NS      | $781437.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Penn Entertainment, Inc.                      | Penn Entertainment, Inc.                                              | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53637 | NS      | $688699.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy, Inc.                              | PBF Energy, Inc., Class A                                             | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     31496 | NS      | $1053856.16   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics, Inc.                    | Travere Therapeutics, Inc.                                            | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31513 | NS      | $979739.17    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries, Inc.                          | ABM Industries, Inc.                                                  | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     21777 | NS      | $1002613.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings, Inc.                       | Delek US Holdings, Inc.                                               | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     23129 | NS      | $682536.79    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com, Inc.                           | Legalzoom.com, Inc.                                                   | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     42991 | NS      | $382189.99    | 0.06%             |  |  |  | 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        |      2995 | NS      | $639791.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella, Inc.                               | Ambarella, Inc.                                                       | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | KY        |     15315 | NS      | $980772.60    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf, Inc.                                | Terawulf, Inc.                                                        | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    113755 | NS      | $1520904.35   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| PROG Holdings, Inc.                           | PROG Holdings, Inc.                                                   | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     14961 | NS      | $485334.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co. (The)                       | Western Union Co. (The)                                               | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    124601 | NS      | $1167511.37   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Kennedy-Wilson Holdings, Inc.                 | Kennedy-Wilson Holdings, Inc.                                         | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |     38971 | NS      | $383864.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PACS Group, Inc.                              | PACS Group, Inc.                                                      | CUSIP: 69380Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16577 | NS      | $559639.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia, Inc.                                   | Adeia, Inc.                                                           | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40664 | NS      | $735611.76    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp.                           | NuScale Power Corp.                                                   | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59312 | NS      | $1036773.76   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| TriNet Group, Inc.                            | TriNet Group, Inc.                                                    | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |      9859 | NS      | $603765.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Payoneer Global, Inc.                         | Payoneer Global, Inc.                                                 | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |     77383 | NS      | $494477.37    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank                                | Preferred Bank                                                        | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      4466 | NS      | $383048.82    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp.                       | Progress Software Corp.                                               | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |     15513 | NS      | $634791.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                   | OFG Bancorp                                                           | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     15763 | NS      | $635248.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp.                | Adaptive Biotechnologies Corp.                                        | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |     38042 | NS      | $703777.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp.                                | Ralliant Corp.                                                        | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |     42754 | NS      | $2264679.38   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                            | Macerich Co. (The)                                                    | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |     95350 | NS      | $1804975.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx, Inc.                                 | Arcellx, Inc.                                                         | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14356 | NS      | $980658.36    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co.                              | City Holding Co.                                                      | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5345 | NS      | $657916.05    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection, Inc.                           | PC Connection, Inc.                                                   | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      3987 | NS      | $234475.47    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pattern Group, Inc.                           | Pattern Group, Inc., Class A                                          | CUSIP: 70339W104<br>LEI: 549300G1UQH42SPEGM03 | Long             | EC               | CORP              | US        |     12122 | NS      | $167526.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Forestar Group, Inc.                          | Forestar Group, Inc.                                                  | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |      6209 | NS      | $161558.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight, Inc.                                  | nLight, Inc.                                                          | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17855 | NS      | $814366.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass, Inc.                               | O-I Glass, Inc.                                                       | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55356 | NS      | $845839.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson, Inc.                                  | Matson, Inc.                                                          | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     11194 | NS      | $1794398.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co.                            | DXC Technology Co.                                                    | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |     61554 | NS      | $888224.22    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular, Inc.                       | LeMaitre Vascular, Inc.                                               | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      7804 | NS      | $663105.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                   | Benchmark Electronics, Inc.                                           | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |     12044 | NS      | $627974.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry, Inc.                                 | Xometry, Inc., Class A                                                | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     15002 | NS      | $857064.26    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Upbound Group, Inc.                           | Upbound Group, Inc.                                                   | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |     19693 | NS      | $372197.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                          | Bank of Hawaii Corp.                                                  | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |     14757 | NS      | $1103528.46   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Russell 2000 E-Mini Index                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        54 | NC      | $167558.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp.                              | NCR Atleos Corp.                                                      | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |     27620 | NS      | $1030226.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic, Inc.                               | CoreCivic, Inc.                                                       | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     40870 | NS      | $757321.10    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Entertainment Holdings, Inc.              | AMC Entertainment Holdings, Inc., Class A                             | CUSIP: 00165C302<br>LEI: 549300ZO77UNR6NRBR11 | Long             | EC               | CORP              | US        |    193372 | NS      | $268787.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Zeta Global Holdings Corp.                    | Zeta Global Holdings Corp., Class A                                   | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |     71034 | NS      | $1319811.72   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems, Inc.                         | Varonis Systems, Inc.                                                 | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     44093 | NS      | $1315735.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BigBear.ai Holdings, Inc.                     | BigBear.ai Holdings, Inc.                                             | CUSIP: 08975B109<br>LEI: 549300XGCF2ELN28CS63 | Long             | EC               | CORP              | US        |    161817 | NS      | $815557.68    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Otter Tail Corp.                              | Otter Tail Corp.                                                      | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15623 | NS      | $1392946.68   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NeoGenomics, Inc.                             | NeoGenomics, Inc.                                                     | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47998 | NS      | $578855.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo, Inc.                                 | Klaviyo, Inc., Class A                                                | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49488 | NS      | $1099128.48   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress plc                                  | Cimpress plc                                                          | CUSIP: N/A<br>LEI: 549300X1IFD75XISOR81       | Long             | EC               | CORP              | IE        |      5718 | NS      | $452236.62    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Empire State Realty Trust, Inc.               | Empire State Realty Trust, Inc., Class A                              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     51076 | NS      | $338633.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global, Inc.                          | Remitly Global, Inc.                                                  | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58688 | NS      | $775855.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems, Inc.                 | Inspire Medical Systems, Inc.                                         | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |     11118 | NS      | $842522.04    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup, Inc.                           | ManpowerGroup, Inc.                                                   | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     16723 | NS      | $607546.59    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies, Inc.                   | Minerals Technologies, Inc.                                           | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     10966 | NS      | $721124.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings, Inc.                   | DigitalOcean Holdings, Inc.                                           | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |     23469 | NS      | $1296662.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Financial, Inc.                      | Columbia Financial, Inc.                                              | CUSIP: 197641103<br>LEI: 254900B9UDXFOJAZKN61 | Long             | EC               | CORP              | US        |     10265 | NS      | $167011.55    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor, Inc.                              | FormFactor, Inc.                                                      | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |     29351 | NS      | $2068951.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier, Inc.                                | Rayonier, Inc.                                                        | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     53242 | NS      | $1210723.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare, Inc.            | Prestige Consumer Healthcare, Inc.                                    | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17666 | NS      | $1138927.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp.                 | Select Medical Holdings Corp.                                         | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40376 | NS      | $607658.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp.                                 | Knowles Corp.                                                         | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     30500 | NS      | $739320.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.           | Federal Agricultural Mortgage Corp., Class C                          | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |      3218 | NS      | $544807.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group, Inc.                     | Privia Health Group, Inc.                                             | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41510 | NS      | $963862.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp.           | Enterprise Financial Services Corp.                                   | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     13685 | NS      | $784834.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.                | Texas Capital Bancshares, Inc.                                        | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     16171 | NS      | $1636020.07   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums, Inc.                            | Interparfums, Inc.                                                    | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6827 | NS      | $666110.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IRhythm Holdings, Inc.                        | IRhythm Holdings, Inc.                                                | CUSIP: 450056106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11851 | NS      | $1831098.01   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp.                    | Albany International Corp., Class A                                   | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |     11335 | NS      | $628979.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors, Inc.               | Academy Sports & Outdoors, Inc.                                       | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     24745 | NS      | $1361222.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group, Inc.            | First Watch Restaurant Group, Inc.                                    | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14866 | NS      | $237707.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TriMas Corp.                                  | TriMas Corp.                                                          | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |     12410 | NS      | $431495.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corp.     | Madison Square Garden Entertainment Corp.                             | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14986 | NS      | $927183.82    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining, Inc.                           | Cipher Mining, Inc.                                                   | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |    121044 | NS      | $1931862.24   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Insurance Holdings, Inc.              | Neptune Insurance Holdings, Inc., Class A                             | CUSIP: 64073B103<br>LEI: 529900I3QTHC0Q1C2D65 | Long             | EC               | CORP              | US        |      8508 | NS      | $216954.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries, Inc.                       | Powell Industries, Inc.                                               | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      3487 | NS      | $1546798.33   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems, Inc.                        | NetScout Systems, Inc.                                                | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     25291 | NS      | $703342.71    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust, Inc.                   | American Assets Trust, Inc.                                           | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17949 | NS      | $324158.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp, Inc.                         | Stellar Bancorp, Inc.                                                 | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |     18530 | NS      | $688204.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp.                      | Lakeland Financial Corp.                                              | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9471 | NS      | $564471.60    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings, Inc.          | Cogent Communications Holdings, Inc.                                  | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16769 | NS      | $407486.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Solutions International, Inc.           | Power Solutions International, Inc.                                   | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |      2100 | NS      | $150486.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Spyre Therapeutics, Inc.                      | Spyre Therapeutics, Inc.                                              | CUSIP: 00773J202<br>LEI: 52990017AIJPRH3HQH40 | Long             | EC               | CORP              | US        |     21123 | NS      | $675513.54    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Genworth Financial, Inc.                      | Genworth Financial, Inc., Class A                                     | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    154272 | NS      | $1286628.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil & Gas, Inc.                      | Northern Oil & Gas, Inc.                                              | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     31003 | NS      | $775075.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries, Inc.              | Kulicke & Soffa Industries, Inc.                                      | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     17899 | NS      | $1026149.67   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings, Inc.                      | Alarm.com Holdings, Inc.                                              | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |     18668 | NS      | $910625.04    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech, Inc.                         | Krystal Biotech, Inc.                                                 | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |      9747 | NS      | $2721752.28   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co.                                    | Stepan Co.                                                            | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |      7741 | NS      | $445959.01    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendy's Co. (The)                             | Wendy's Co. (The)                                                     | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |     58787 | NS      | $457950.73    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Harmonic, Inc.                                | Harmonic, Inc.                                                        | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     42371 | NS      | $411846.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle, Inc.                                  | Sezzle, Inc.                                                          | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |      7113 | NS      | $449826.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Oceaneering International, Inc.               | Oceaneering International, Inc.                                       | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     37737 | NS      | $1135883.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp, Inc.                                    | Yelp, Inc.                                                            | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |     23416 | NS      | $641130.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                       | LiveRamp Holdings, Inc.                                               | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     23608 | NS      | $574854.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan, Inc.                                   | Argan, Inc.                                                           | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |      4886 | NS      | $1695979.46   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                            | Getty Realty Corp.                                                    | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     19737 | NS      | $589346.82    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals, Inc.           | United States Lime & Minerals, Inc.                                   | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |      4062 | NS      | $489592.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett, Inc.                          | Douglas Emmett, Inc.                                                  | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57879 | NS      | $611202.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                          | JBG SMITH Properties                                                  | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23139 | NS      | $389660.76    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction, Inc.                    | Granite Construction, Inc.                                            | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     15559 | NS      | $1878593.66   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva, Inc.                                | Innoviva, Inc.                                                        | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     20766 | NS      | $415320.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares, Inc.               | Dime Community Bancshares, Inc.                                       | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15326 | NS      | $521390.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud, Inc.                               | Blackbaud, Inc.                                                       | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     14267 | NS      | $766137.90    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp, Inc.                             | S&T Bancorp, Inc.                                                     | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13039 | NS      | $555982.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphatec Holdings, Inc.                       | Alphatec Holdings, Inc.                                               | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |     40733 | NS      | $604070.39    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp.                                | Ingevity Corp.                                                        | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     12356 | NS      | $812901.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| WisdomTree, Inc.                              | WisdomTree, Inc.                                                      | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |     44826 | NS      | $726181.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Shake Shack, Inc.                             | Shake Shack, Inc., Class A                                            | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |     14458 | NS      | $1280545.06   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease, Inc.                    | Broadstone Net Lease, Inc.                                            | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     65138 | NS      | $1205704.38   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze, Inc.                                   | Braze, Inc., Class A                                                  | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Long             | EC               | CORP              | US        |     30837 | NS      | $642026.34    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Indivior Pharmaceuticals, Inc.                | Indivior Pharmaceuticals, Inc.                                        | CUSIP: 45579U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34217 | NS      | $1210597.46   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential, Inc.                       | Veris Residential, Inc.                                               | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     30555 | NS      | $464130.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp.                                 | Sylvamo Corp.                                                         | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |     12774 | NS      | $625159.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA Holdings, Inc.                           | MARA Holdings, Inc.                                                   | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |    137429 | NS      | $1305575.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Everus Construction Group, Inc.               | Everus Construction Group, Inc.                                       | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |     19154 | NS      | $1694937.46   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                            | RH                                                                    | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |      5750 | NS      | $1143272.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co.                          | Century Aluminum Co.                                                  | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |     18596 | NS      | $842956.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne, Inc.                       | Helmerich & Payne, Inc.                                               | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     35429 | NS      | $1200334.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp.                                     | CTS Corp.                                                             | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |     10825 | NS      | $556513.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial, Inc.                      | Pathward Financial, Inc.                                              | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |      8849 | NS      | $798976.21    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                  | SiTime Corp.                                                          | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8065 | NS      | $2928482.15   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.             | First Interstate BancSystem, Inc., Class A                            | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |     33146 | NS      | $1175688.62   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments, Inc.                       | Veeco Instruments, Inc.                                               | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |     19890 | NS      | $621164.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International, Inc.                     | Enova International, Inc.                                             | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |      9026 | NS      | $1490824.42   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp                       | First Financial Bancorp                                               | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     34896 | NS      | $1002911.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems, Inc.                             | OSI Systems, Inc.                                                     | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |      5943 | NS      | $1486582.02   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                       | Euronet Worldwide, Inc.                                               | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     15178 | NS      | $1099797.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                           | CVB Financial Corp.                                                   | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45943 | NS      | $905536.53    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Apellis Pharmaceuticals, Inc.                 | Apellis Pharmaceuticals, Inc.                                         | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Long             | EC               | CORP              | US        |     30051 | NS      | $678551.58    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW, Inc.                                    | DNOW, Inc.                                                            | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     65826 | NS      | $999896.94    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial, Inc.                   | Brighthouse Financial, Inc.                                           | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |     22047 | NS      | $1412330.82   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp.                                   | Vicor Corp.                                                           | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |      8694 | NS      | $1370782.98   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust, Inc.                | Medical Properties Trust, Inc.                                        | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    189757 | NS      | $952580.14    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Kennametal, Inc.                              | Kennametal, Inc.                                                      | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     28863 | NS      | $992598.57    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings, Inc.                             | Q2 Holdings, Inc.                                                     | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     22659 | NS      | $1387863.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group, Inc.                             | Alamo Group, Inc.                                                     | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      3829 | NS      | $747841.99    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN, Inc.                                    | ASGN, Inc.                                                            | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     15968 | NS      | $831773.12    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                | Bread Financial Holdings, Inc.                                        | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     17190 | NS      | $1246962.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources, Inc.           | Alpha Metallurgical Resources, Inc.                                   | CUSIP: 020764106<br>LEI: 254900VEBGZO2PY8R678 | Long             | EC               | CORP              | US        |      4135 | NS      | $867523.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                    | Highwoods Properties, Inc.                                            | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     38758 | NS      | $1001894.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes, Inc.                            | Pitney Bowes, Inc.                                                    | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     56583 | NS      | $590160.69    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Denali Therapeutics, Inc.                     | Denali Therapeutics, Inc.                                             | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |     53934 | NS      | $1172525.16   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands, Inc.                          | Kontoor Brands, Inc.                                                  | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     20800 | NS      | $1242384.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.                | American Healthcare REIT, Inc.                                        | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     61307 | NS      | $2875911.37   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                  | Simmons First National Corp., Class A                                 | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     51436 | NS      | $1045693.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy, Inc.                    | Patterson-UTI Energy, Inc.                                            | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    129032 | NS      | $971610.96    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd.                      | G-III Apparel Group Ltd.                                              | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     13089 | NS      | $384162.15    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sharplink Gaming, Inc.                        | Sharplink Gaming, Inc.                                                | CUSIP: 820014405<br>LEI: 254900CZRMKT24A29H69 | Long             | EC               | CORP              | US        |     74228 | NS      | $659144.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Chefs' Warehouse, Inc. (The)                  | Chefs' Warehouse, Inc. (The)                                          | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |     13759 | NS      | $865441.10    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd.                                 | Biohaven Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | VG        |     44213 | NS      | $523039.79    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp.                         | Quaker Chemical Corp.                                                 | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      5226 | NS      | $803445.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| TTM Technologies, Inc.                        | TTM Technologies, Inc.                                                | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     35537 | NS      | $3489733.40   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters, Inc.               | American Eagle Outfitters, Inc.                                       | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     59827 | NS      | $1394567.37   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Technologies, Inc.             | Napco Security Technologies, Inc.                                     | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |     13059 | NS      | $481746.51    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Navitas Semiconductor Corp.                   | Navitas Semiconductor Corp.                                           | CUSIP: 63942X106<br>LEI: 529900T4K9WALWC76S49 | Long             | EC               | CORP              | US        |     70651 | NS      | $606185.58    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpaWorld Holdings Ltd.                     | OneSpaWorld Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 5493007W8PZ8W6UC2X76       | Long             | EC               | CORP              | BS        |     35118 | NS      | $690068.70    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock, Inc.                                | Archrock, Inc.                                                        | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |     64437 | NS      | $1906690.83   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.               | Atlantic Union Bankshares Corp.                                       | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49607 | NS      | $1926735.88   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Globalstar, Inc.                              | Globalstar, Inc.                                                      | CUSIP: 378973507<br>LEI: 549300NEX8I0MSOW0R64 | Long             | EC               | CORP              | US        |     18592 | NS      | $1145639.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| eXp World Holdings, Inc.                      | eXp World Holdings, Inc.                                              | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |     31140 | NS      | $281505.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| BancFirst Corp.                               | BancFirst Corp.                                                       | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |      7802 | NS      | $857829.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory, Inc. (The)                | Cheesecake Factory, Inc. (The)                                        | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     17499 | NS      | $1014242.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Leggett & Platt, Inc.                         | Leggett & Platt, Inc.                                                 | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |     50480 | NS      | $589101.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ, Inc.                                     | AZZ, Inc.                                                             | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     10636 | NS      | $1321948.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp.                            | Tutor Perini Corp.                                                    | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     16376 | NS      | $1291902.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.           | Donnelley Financial Solutions, Inc.                                   | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |      9471 | NS      | $490124.25    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel, Inc.                       | Worthington Steel, Inc.                                               | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |     11523 | NS      | $463570.29    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp.                                 | Vericel Corp.                                                         | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |     18913 | NS      | $680489.74    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                     | FMC Corp.                                                             | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     43320 | NS      | $684456.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                          | Liberty Energy, Inc.                                                  | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58910 | NS      | $1452131.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp, Inc.                     | Stock Yards Bancorp, Inc.                                             | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      9832 | NS      | $665528.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings, Inc.            | Harmony Biosciences Holdings, Inc.                                    | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15984 | NS      | $583735.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners, Inc.                    | Green Brick Partners, Inc.                                            | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     11679 | NS      | $810405.81    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies, Inc.           | Atmus Filtration Technologies, Inc.                                   | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6020 | NS      | $348979.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NANO Nuclear Energy, Inc.                     | NANO Nuclear Energy, Inc.                                             | CUSIP: 63010H108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10981 | NS      | $322786.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Ocular Therapeutix, Inc.                      | Ocular Therapeutix, Inc.                                              | CUSIP: 67576A100<br>LEI: 529900ABAWFXOHSIHG03 | Long             | EC               | CORP              | US        |     64154 | NS      | $586367.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Avadel Pharmaceuticals plc                    | Avadel Pharmaceuticals plc                                            | CUSIP: N/A<br>LEI: 549300E27PTSG2RHC762       | Long             | EC               | CORP              | IE        |     33118 | NS      | $713692.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian, Inc.                          | First Hawaiian, Inc.                                                  | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     45399 | NS      | $1205343.45   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ramaco Resources, Inc.                        | Ramaco Resources, Inc., Class A                                       | CUSIP: 75134P600<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |     14910 | NS      | $290894.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny, Inc.                                 | Progyny, Inc.                                                         | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26991 | NS      | $644275.17    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sionna Therapeutics, Inc.                     | Sionna Therapeutics, Inc.                                             | CUSIP: 829401108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4481 | NS      | $189367.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Provident Financial Services, Inc.            | Provident Financial Services, Inc.                                    | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |     45495 | NS      | $1007259.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia, Inc.                                | Phreesia, Inc.                                                        | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |     20202 | NS      | $271312.86    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Voyager Technologies, Inc.                    | Voyager Technologies, Inc., Class A                                   | CUSIP: 92892B103<br>LEI: 254900DDCLSP240FE187 | Long             | EC               | CORP              | US        |      4852 | NS      | $148131.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Core Natural Resources, Inc.                  | Core Natural Resources, Inc.                                          | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     19125 | NS      | $1824142.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro, Inc.                                   | Enpro, Inc.                                                           | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      7490 | NS      | $1788462.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi Aatd, Inc.                             | Sanofi Aatd, Inc., CVR                                                | CUSIP: 457CVR017<br>LEI: 549300VBKG2LTV1TLY22 | Long             |  | CORP              | US        |     10020 | NS      | $1452.90      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ACM Research, Inc.                            | ACM Research, Inc., Class A                                           | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |     18563 | NS      | $1078881.56   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions, Inc.                            | UL Solutions, Inc., Class A                                           | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     28029 | NS      | $1968476.67   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co. (The)                  | Scotts Miracle-Gro Co. (The)                                          | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |     16394 | NS      | $1052822.68   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                  | Avient Corp.                                                          | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     32915 | NS      | $1189877.25   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group, Inc.                       | TransMedics Group, Inc.                                               | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |     11759 | NS      | $1575412.03   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Dorian LPG Ltd.                               | Dorian LPG Ltd.                                                       | CUSIP: N/A<br>LEI: 549300WP1W2WGMC7F395       | Long             | EC               | CORP              | MH        |     13815 | NS      | $407956.95    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries, Inc.                    | Gibraltar Industries, Inc.                                            | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11024 | NS      | $565090.24    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear, Inc.                               | MaxLinear, Inc.                                                       | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |     30473 | NS      | $528706.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle, Inc. (The)                            | Buckle, Inc. (The)                                                    | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |     12035 | NS      | $569255.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N-Able, Inc.                                  | N-Able, Inc.                                                          | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27696 | NS      | $168114.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                             | RLJ Lodging Trust                                                     | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55654 | NS      | $413509.22    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastly, Inc.                                  | Fastly, Inc., Class A                                                 | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Long             | EC               | CORP              | US        |     50236 | NS      | $464683.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics, Inc.                      | Akero Therapeutics, Inc., CVR                                         | CUSIP: 009CVR044<br>LEI: 549300SI3KG74LBE2955 | Long             |  | CORP              | US        |     21794 | NS      | $14166.10     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| StoneX Group, Inc.                            | StoneX Group, Inc.                                                    | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     17052 | NS      | $1914257.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric, Inc.                        | Ivanhoe Electric, Inc.                                                | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39636 | NS      | $677379.24    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                       | Alkami Technology, Inc.                                               | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |     24171 | NS      | $512183.49    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Tri Pointe Homes, Inc.                        | Tri Pointe Homes, Inc.                                                | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29152 | NS      | $972219.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, Inc.                                     | V2X, Inc.                                                             | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6447 | NS      | $443747.01    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                      | Energizer Holdings, Inc.                                              | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     23757 | NS      | $518615.31    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group, Inc.                 | Pediatrix Medical Group, Inc.                                         | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31242 | NS      | $667953.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate plc                                 | Clarivate plc                                                         | CUSIP: N/A<br>LEI: 549300WDHIIODXFO0R55       | Long             | EC               | CORP              | JE        |    127216 | NS      | $337122.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp.                                     | BKV Corp.                                                             | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |      9392 | NS      | $279412.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons, Inc. (The)                         | Andersons, Inc. (The)                                                 | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     12368 | NS      | $766692.32    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                       | Customers Bancorp, Inc.                                               | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     11964 | NS      | $945395.28    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SoundHound AI, Inc.                           | SoundHound AI, Inc.                                                   | CUSIP: 836100107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    136246 | NS      | $1152641.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| AtaiBeckley, Inc.                             | AtaiBeckley, Inc.                                                     | CUSIP: 04650F101<br>LEI: 529900HOVZ0MXOBQ5Y47 | Long             | EC               | CORP              | US        |    110023 | NS      | $413686.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp.                    | Dynavax Technologies Corp.                                            | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |     39308 | NS      | $608684.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Maze Therapeutics, Inc.                       | Maze Therapeutics, Inc.                                               | CUSIP: 578784100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7384 | NS      | $321794.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co.                       | Victoria's Secret & Co.                                               | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     26082 | NS      | $1421729.82   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte, Inc.                                | Veracyte, Inc.                                                        | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |     27084 | NS      | $1031358.72   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                            | Piper Sandler Cos.                                                    | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      5776 | NS      | $2000517.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                        | Envista Holdings Corp.                                                | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     63954 | NS      | $1501000.38   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust             | National Storage Affiliates Trust                                     | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     26576 | NS      | $845382.56    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co.                           | Graham Holdings Co., Class B                                          | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |      1262 | NS      | $1472287.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                  | Valaris Ltd.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     23018 | NS      | $1328829.14   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp. plc                               | Noble Corp. plc                                                       | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | GB        |     47398 | NS      | $1688316.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                                | LCI Industries                                                        | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |      9125 | NS      | $1338546.25   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Coty, Inc.                                    | Coty, Inc., Class A                                                   | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |    129832 | NS      | $411567.44    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.                  | Iridium Communications, Inc.                                          | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     36684 | NS      | $730745.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork, Inc.                                  | Upwork, Inc.                                                          | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     44366 | NS      | $888650.98    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                          | CareTrust REIT, Inc.                                                  | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     80093 | NS      | $2990672.62   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp.                                  | Kemper Corp.                                                          | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     20173 | NS      | $795017.93    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings, Inc.                        | Upstart Holdings, Inc.                                                | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |     31335 | NS      | $1229898.75   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| HA Sustainable Infrastructure Capital, Inc.   | HA Sustainable Infrastructure Capital, Inc.                           | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |     44899 | NS      | $1544974.59   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| PotlatchDeltic Corp.                          | PotlatchDeltic Corp.                                                  | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     27511 | NS      | $1148034.03   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited, Inc.                              | BankUnited, Inc.                                                      | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     26480 | NS      | $1257005.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings, Inc.                     | BrightView Holdings, Inc.                                             | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     21471 | NS      | $286852.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mechanics Bancorp                             | Mechanics Bancorp                                                     | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17946 | NS      | $269010.54    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun, Inc.                                  | Sunrun, Inc.                                                          | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     79383 | NS      | $1508277.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb Operations, Inc.                       | OmniAb Operations, Inc.                                               | CUSIP: 68218J202<br>LEI: N/A                  | Long             |  | CORP              | US        |      2112 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Virtu Financial, Inc.                         | Virtu Financial, Inc., Class A                                        | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     30427 | NS      | $1263024.77   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand, Inc.                             | Hillenbrand, Inc.                                                     | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     25378 | NS      | $809811.98    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand, Inc.                             | Masterbrand, Inc.                                                     | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     45782 | NS      | $554877.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll, Inc.                             | MillerKnoll, Inc.                                                     | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     25263 | NS      | $507281.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer