# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0001752724-23-016753
**Filing Date:** 2023-1
**Character Count:** 83031
**Document Hash:** 5d3a0f7a8a1431af74c4c0747f4199c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-016753.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001752724-23-016753

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 23563256

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan BetaBuilders MSCI US REIT ETF (Series ID: S000061996)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000200807 | JPMorgan BetaBuilders MSCI US REIT ETF | BBRE            |

## Nport-Ex

**JPMorgan BetaBuilders MSCI US REIT ETF**

**Schedule of Portfolio Investments as of November 30, 2022**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED MUTUAL FUNDS HOLDINGS" LIST ("the <br> List") IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS <br> NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR <br> SALES LITERATURE WITH THE GENERAL PUBLIC. The list is <br> submitted for the general information of the shareholders of the Fund. <br> It is not authorized for distribution to prospective investors in the Fund <br> unless preceded or accompanied by a prospectus. The list has been <br> created from the books and records of the Fund. Holdings are <br> available 60 days after the fund's fiscal quarter, using a trade date <br> accounting convention, by contacting the appropriate service center. <br> The list is subject to change without notice. The list is for <br> informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2022. |

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — 99.5%** | **Common Stocks — 99.5%** | **Common Stocks — 99.5%** |
| **Apartments — 17.6%** | **Apartments — 17.6%** | **Apartments — 17.6%** |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Class A, REIT | 306746 | 10144090 |
| &nbsp;&nbsp;&nbsp; Apartment Income REIT Corp., REIT | 151124 | 5750268 |
| &nbsp;&nbsp;&nbsp; Apartment Investment and Management Co., Class A, REIT | 149128 | 1249693 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities, Inc., REIT | 137054 | 23970745 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust, REIT | 99192 | 11935773 |
| &nbsp;&nbsp;&nbsp; Centerspace, REIT | 15066 | 971757 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties, Inc., REIT | 173262 | 11508062 |
| &nbsp;&nbsp;&nbsp; Equity Residential, REIT | 350213 | 22714815 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust, Inc., REIT | 63832 | 14067296 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust, Inc., REIT | 217658 | 3943963 |
| &nbsp;&nbsp;&nbsp; Invitation Homes, Inc., REIT | 598234 | 19520376 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc., REIT | &nbsp;&nbsp;&nbsp; 113147 | &nbsp;&nbsp;&nbsp;&nbsp; 18655677 |
| &nbsp;&nbsp;&nbsp; NexPoint Residential Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 22625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1088036 |
| &nbsp;&nbsp;&nbsp; Sun Communities, Inc., REIT | &nbsp;&nbsp;&nbsp; 120875 | &nbsp;&nbsp;&nbsp;&nbsp; 17756538 |
| &nbsp;&nbsp;&nbsp; UDR, Inc., REIT | &nbsp;&nbsp;&nbsp; 318468 | &nbsp;&nbsp;&nbsp;&nbsp; 13206868 |
|  |  | &nbsp;&nbsp;&nbsp; 176483957 |
| **Diversified — 17.7%** | **Diversified — 17.7%** | **Diversified — 17.7%** |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 71272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1407622 |
| &nbsp;&nbsp;&nbsp; American Assets Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 50428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1477036 |
| &nbsp;&nbsp;&nbsp; Armada Hoffler Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 66384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 806566 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease, Inc., REIT | &nbsp;&nbsp;&nbsp; 169676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2879402 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp; 281699 | &nbsp;&nbsp;&nbsp;&nbsp; 31679870 |
| &nbsp;&nbsp;&nbsp; Elme Communities, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 85665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1692740 |
| &nbsp;&nbsp;&nbsp; EPR Properties, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 73526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3059417 |
| &nbsp;&nbsp;&nbsp; Equinix, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 89265 | &nbsp;&nbsp;&nbsp;&nbsp; 61650872 |
| &nbsp;&nbsp;&nbsp; Farmland Partners, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 50556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 671384 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 251525 | &nbsp;&nbsp;&nbsp;&nbsp; 13232730 |
| &nbsp;&nbsp;&nbsp; Gladstone Commercial Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 38747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 735805 |
| &nbsp;&nbsp;&nbsp; Gladstone Land Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 31854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 654281 |
| &nbsp;&nbsp;&nbsp; Global Net Lease, Inc., REIT | &nbsp;&nbsp;&nbsp; 101630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1375054 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 66090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1699174 |
| &nbsp;&nbsp;&nbsp; iStar, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 83679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 671942 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust, REIT | &nbsp;&nbsp;&nbsp; 274335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2951845 |
| &nbsp;&nbsp;&nbsp; Necessity Retail REIT, Inc. (The), REIT | &nbsp;&nbsp;&nbsp; 130622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 872555 |
| &nbsp;&nbsp;&nbsp; One Liberty Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 16542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 394361 |
| &nbsp;&nbsp;&nbsp; Safehold, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 24522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 723870 |
| &nbsp;&nbsp;&nbsp; UMH Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 51273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 902917 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 943960 | &nbsp;&nbsp;&nbsp;&nbsp; 32283432 |
| &nbsp;&nbsp;&nbsp; WP Carey, Inc., REIT | &nbsp;&nbsp;&nbsp; 189077 | &nbsp;&nbsp;&nbsp;&nbsp; 14899268 |
|  |  | &nbsp;&nbsp;&nbsp; 176722143 |
| **Health Care — 10.1%** | **Health Care — 10.1%** | **Health Care — 10.1%** |
| &nbsp;&nbsp;&nbsp; CareTrust REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 95102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1883020 |
| &nbsp;&nbsp;&nbsp; Community Healthcare Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 23369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 823991 |
| &nbsp;&nbsp;&nbsp; Global Medical REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 61007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 616171 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp; 372990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7657485 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 528864 | &nbsp;&nbsp;&nbsp;&nbsp; 13887969 |
| &nbsp;&nbsp;&nbsp; LTC Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 39701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1559852 |

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Health Care — continued** | **Health Care — continued** | **Health Care — continued** |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust, Inc., REIT | 587103 | 7702791 |
| &nbsp;&nbsp;&nbsp; National Health Investors, Inc., REIT | 43768 | 2462388 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc., REIT | 229459 | 6948018 |
| &nbsp;&nbsp;&nbsp; Physicians Realty Trust, REIT | 221826 | 3311862 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT, Inc., REIT | 226381 | 2922579 |
| &nbsp;&nbsp;&nbsp; Universal Health Realty Income Trust, REIT | 12850 | 674496 |
| &nbsp;&nbsp;&nbsp; Ventas, Inc., REIT | 391772 | 18229151 |
| &nbsp;&nbsp;&nbsp; Welltower, Inc., REIT | 454166 | 32259411 |
|  |  | &nbsp;&nbsp;&nbsp; 100939184 |
| **Hotels — 3.7%** | **Hotels — 3.7%** | **Hotels — 3.7%** |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT, Inc., REIT | 213116 | 3635759 |
| &nbsp;&nbsp;&nbsp; Chatham Lodging Trust, REIT \* | &nbsp;&nbsp;&nbsp;&nbsp; 45443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 607573 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co., REIT | &nbsp;&nbsp;&nbsp; 206735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1945376 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc., REIT | &nbsp;&nbsp;&nbsp; 700691 | &nbsp;&nbsp;&nbsp;&nbsp; 13271088 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts, Inc., REIT | &nbsp;&nbsp;&nbsp; 220376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2827424 |
| &nbsp;&nbsp;&nbsp; Pebblebrook Hotel Trust, REIT | &nbsp;&nbsp;&nbsp; 128843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2145236 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust, REIT | &nbsp;&nbsp;&nbsp; 159517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1933346 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 51358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4700798 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust, REIT | &nbsp;&nbsp;&nbsp; 161858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1270585 |
| &nbsp;&nbsp;&nbsp; Summit Hotel Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 104777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 895843 |
| &nbsp;&nbsp;&nbsp; Sunstone Hotel Investors, Inc., REIT | &nbsp;&nbsp;&nbsp; 208100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2287019 |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts, Inc., REIT | &nbsp;&nbsp;&nbsp; 112082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1728305 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 37248352 |
| **Industrial — 15.2%** | **Industrial — 15.2%** | **Industrial — 15.2%** |
| &nbsp;&nbsp;&nbsp; Americold Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp; 264014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7880818 |
| &nbsp;&nbsp;&nbsp; EastGroup Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 42699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6628593 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp; 129447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6543546 |
| &nbsp;&nbsp;&nbsp; Indus Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255680 |
| &nbsp;&nbsp;&nbsp; Industrial Logistics Properties Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 64128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261001 |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 27420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3323578 |
| &nbsp;&nbsp;&nbsp; Plymouth Industrial REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 39332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 814172 |
| &nbsp;&nbsp;&nbsp; Prologis, Inc., REIT | &nbsp;&nbsp;&nbsp; 904661 | &nbsp;&nbsp;&nbsp; 106560019 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty, Inc., REIT | &nbsp;&nbsp;&nbsp; 167668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9270364 |
| &nbsp;&nbsp;&nbsp; STAG Industrial, Inc., REIT | &nbsp;&nbsp;&nbsp; 175656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5780839 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 74045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4341999 |
|  |  | &nbsp;&nbsp;&nbsp; 151660609 |
| **Office — 7.4%** | **Office — 7.4%** | **Office — 7.4%** |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities, Inc., REIT | &nbsp;&nbsp;&nbsp; 151929 | &nbsp;&nbsp;&nbsp;&nbsp; 23641672 |
| &nbsp;&nbsp;&nbsp; Boston Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 145938 | &nbsp;&nbsp;&nbsp;&nbsp; 10519211 |
| &nbsp;&nbsp;&nbsp; Brandywine Realty Trust, REIT | &nbsp;&nbsp;&nbsp; 168161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1161992 |
| &nbsp;&nbsp;&nbsp; City Office REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 40749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 403008 |
| &nbsp;&nbsp;&nbsp; Corporate Office Properties Trust, REIT | &nbsp;&nbsp;&nbsp; 110190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3059976 |
| &nbsp;&nbsp;&nbsp; Cousins Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 148426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3915478 |
| &nbsp;&nbsp;&nbsp; Douglas Emmett, Inc., REIT | &nbsp;&nbsp;&nbsp; 172291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2984080 |
| &nbsp;&nbsp;&nbsp; Easterly Government Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 84564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1339494 |
| &nbsp;&nbsp;&nbsp; Empire State Realty Trust, Inc., Class A, REIT | &nbsp;&nbsp;&nbsp; 135481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1044559 |

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Office — continued** | **Office — continued** | **Office — continued** |
| &nbsp;&nbsp;&nbsp; Equity Commonwealth, REIT | 109034 | 2953731 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties, Inc., REIT | 103094 | 3072201 |
| &nbsp;&nbsp;&nbsp; Hudson Pacific Properties, Inc., REIT | 138845 | 1605048 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties, REIT | 100906 | 2079673 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp., REIT | 103093 | 4455679 |
| &nbsp;&nbsp;&nbsp; Office Properties Income Trust, REIT | 47493 | 726168 |
| &nbsp;&nbsp;&nbsp; Orion Office REIT, Inc., REIT | 55512 | 515706 |
| &nbsp;&nbsp;&nbsp; Paramount Group, Inc., REIT | 176704 | 1152110 |
| &nbsp;&nbsp;&nbsp; Piedmont Office Realty Trust, Inc., Class A, REIT | 120946 | 1259048 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp., REIT | 63022 | 2644403 |
| &nbsp;&nbsp;&nbsp; Veris Residential, Inc., REIT \* | 75878 | 1218601 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust, REIT | &nbsp;&nbsp;&nbsp; 159769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4040558 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 73792396 |
| **Regional Malls — 4.3%** | **Regional Malls — 4.3%** | **Regional Malls — 4.3%** |
| &nbsp;&nbsp;&nbsp; CBL & Associates Properties, Inc., REIT (a) | &nbsp;&nbsp;&nbsp;&nbsp; 12473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380426 |
| &nbsp;&nbsp;&nbsp; Macerich Co. (The), REIT | &nbsp;&nbsp;&nbsp; 210508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2673452 |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc., REIT | &nbsp;&nbsp;&nbsp; 320849 | &nbsp;&nbsp;&nbsp;&nbsp; 38322205 |
| &nbsp;&nbsp;&nbsp; Tanger Factory Outlet Centers, Inc., REIT | &nbsp;&nbsp;&nbsp; 102298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1989696 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 43365779 |
| **Shopping Centers — 5.9%** | **Shopping Centers — 5.9%** | **Shopping Centers — 5.9%** |
| &nbsp;&nbsp;&nbsp; Acadia Realty Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 93045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1431032 |
| &nbsp;&nbsp;&nbsp; Alexander's, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550029 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group, Inc., REIT | &nbsp;&nbsp;&nbsp; 293717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6808360 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 71370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7929207 |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp., REIT | &nbsp;&nbsp;&nbsp; 606196 | &nbsp;&nbsp;&nbsp;&nbsp; 13894012 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust, REIT | &nbsp;&nbsp;&nbsp; 214761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4896551 |
| &nbsp;&nbsp;&nbsp; NETSTREIT Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 49341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 963630 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co., Inc., REIT | &nbsp;&nbsp;&nbsp; 114382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3686532 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp., REIT | &nbsp;&nbsp;&nbsp; 150947 | &nbsp;&nbsp;&nbsp;&nbsp; 10027409 |
| &nbsp;&nbsp;&nbsp; Retail Opportunity Investments Corp., REIT | &nbsp;&nbsp;&nbsp; 122067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1861522 |
| &nbsp;&nbsp;&nbsp; RPT Realty, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 83482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 934999 |
| &nbsp;&nbsp;&nbsp; Saul Centers, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 14046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 605383 |
| &nbsp;&nbsp;&nbsp; SITE Centers Corp., REIT | &nbsp;&nbsp;&nbsp; 188809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2565914 |
| &nbsp;&nbsp;&nbsp; Urban Edge Properties, REIT | &nbsp;&nbsp;&nbsp; 115106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1810617 |
| &nbsp;&nbsp;&nbsp; Urstadt Biddle Properties, Inc., Class A, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 29564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 565559 |
| &nbsp;&nbsp;&nbsp; Whitestone, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 45969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 447278 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 58978034 |
| **Single Tenant — 7.2%** | **Single Tenant — 7.2%** | **Single Tenant — 7.2%** |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 78246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5473308 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp; 138418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3212682 |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 79842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2166912 |
| &nbsp;&nbsp;&nbsp; Getty Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 38936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1285667 |
| &nbsp;&nbsp;&nbsp; National Retail Properties, Inc., REIT | &nbsp;&nbsp;&nbsp; 173592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8047725 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp., REIT | &nbsp;&nbsp;&nbsp; 605310 | &nbsp;&nbsp;&nbsp;&nbsp; 38176901 |

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Single Tenant — continued** | **Single Tenant — continued** | **Single Tenant — continued** |
| &nbsp;&nbsp;&nbsp; Spirit Realty Capital, Inc., REIT | 133633 | 5535079 |
| &nbsp;&nbsp;&nbsp; STORE Capital Corp., REIT | 249365 | 7954743 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 71853017 |
| **Storage — 10.4%** | **Storage — 10.4%** | **Storage — 10.4%** |
| &nbsp;&nbsp;&nbsp; CubeSmart, REIT | 219996 | 9105634 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage, Inc., REIT | 131251 | 21090723 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc., REIT | 284911 | 15479215 |
| &nbsp;&nbsp;&nbsp; Life Storage, Inc., REIT | 82710 | 8890498 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust, REIT | 85443 | 3401486 |
| &nbsp;&nbsp;&nbsp; Public Storage, REIT | 154849 | 46138808 |
|  |  | &nbsp;&nbsp;&nbsp; 104106364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $1,136,888,504)<br>|  | &nbsp;&nbsp;&nbsp; 995149835 |
| **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** | **Short-Term Investments — 0.4%** |
| **Investment Companies — 0.4%** | **Investment Companies — 0.4%** | **Investment Companies — 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 3.59% (b) (c) <br>(Cost $4,099,867)<br>| 4099867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4099867 |
| **Investment of Cash Collateral from Securities Loaned — 0.0% ^** | **Investment of Cash Collateral from Securities Loaned — 0.0% ^** | **Investment of Cash Collateral from Securities Loaned — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.02% (b) (c) | &nbsp;&nbsp;&nbsp;&nbsp; 197430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197450 |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 3.59% (b) (c) | &nbsp;&nbsp;&nbsp;&nbsp; 10871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment of Cash Collateral from Securities Loaned <br>(Cost $208,281)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 208321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $4,308,148)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4308188 |
| **Total Investments — 99.9%** <br>**(Cost $1,141,196,652)**<br>|  | **999458023** |
| **Other Assets Less Liabilities — 0.1%** |  | **935796** |
| **NET ASSETS — 100.0%** |  | **1000393819** |

---

&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** |  |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at November 30, 2022. The total value of securities on loan at November 30, 2022 is <br> $218,777.<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 November 30, 2022. |

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

**Futures contracts outstanding as of November 30, 2022:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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** |  |  |  |  |  |
| DJ US Real Estate Index | 136 | 12/16/2022 | USD | 4709680 | 351347 |

---

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

---

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

---

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

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

**A. Valuation of Investments** — Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under SEC Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of Investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

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

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the 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.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Total Investments in Securities** (a) | $999458023 | $— | $— | $999458023 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | $351347 | $— | $— | $351347 |

---

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

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

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

------

**JPMorgan BetaBuilders MSCI US REIT ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF November 30, 2022 (Unaudited) (continued)

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** | **For the period ended November 30, 2022** |
| **Security Description** | **Value at** <br>**February 28,** <br>**2022**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**November 30,** <br>**2022**<br>| **Shares at** <br>**November 30,** <br>**2022**<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, 4.02% (a) (b)<br>| $10994199 | $105000000 | $115800000 | $2112 | $1139 | $197450 | &nbsp;&nbsp;&nbsp; 197430 | $58943 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money <br> Market Fund Class IM Shares, <br> 3.59% (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2282053 | &nbsp;&nbsp; 110337378 | &nbsp;&nbsp; 112608560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10871 | &nbsp;&nbsp;&nbsp;&nbsp; 10871 | &nbsp;&nbsp;&nbsp;&nbsp; 17268 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money <br> Market Fund Class IM Shares, <br> 3.59% (a) (b)<br>| &nbsp;&nbsp; 11322728 | &nbsp;&nbsp;&nbsp;&nbsp; 73984656 | &nbsp;&nbsp;&nbsp;&nbsp; 81207517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 4099867 | 4099867 | &nbsp;&nbsp;&nbsp;&nbsp; 58057 | &nbsp;&nbsp; — |
| **Total** | $24598980 | $289322034 | $309616077 | $2112 | $1139 | $4308188 |  | $134268 | $— |

---

&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 November 30, 2022.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

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

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

- **a. Name of Series:** JPMorgan BetaBuilders MSCI US REIT ETF

- **b. EDGAR series identifier (if any):** S000061996

- **c. LEI of Series:** 549300UDD0DL9T2E4I67

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1009377724.46

**Total Liabilities:** $303636.03

**Net Assets:** $1009074088.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000200807 | -12.14%              | 4.84%                | 5.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5240339.10             | $-124431977.87                             |
| Month 2  | $-6443802.49             | $49005826.21                               |
| Month 3  | $-262565.50              | $53205283.68                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Host Hotels & Resorts, Inc.                   | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    708842 | NS      | $13425467.48  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp.                            | Agree Realty Corp.                                                    | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74551 | NS      | $5214842.45   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporate Office Properties Trust             | Corporate Office Properties Trust                                     | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    111482 | NS      | $3095855.14   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                     | CubeSmart                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222575 | NS      | $9212379.25   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Urstadt Biddle Properties, Inc.               | Urstadt Biddle Properties, Inc., Class A                              | CUSIP: 917286205<br>LEI: 549300XXD0YL0AER3Z82 | Long             | EC               | CORP              | US        |     29910 | NS      | $572178.30    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.             | Equity LifeStyle Properties, Inc.                                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    175244 | NS      | $11639706.48  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                | EPR Properties                                                        | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     74347 | NS      | $3093578.67   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                    | Essex Property Trust, Inc.                                            | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |     64790 | NS      | $14278420.20  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.       | Mid-America Apartment Communities, Inc.                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    114469 | NS      | $18873648.72  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust          | Universal Health Realty Income Trust                                  | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     12987 | NS      | $681687.63    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iStar, Inc.                                   | iStar, Inc.                                                           | CUSIP: 45031U101<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |     82160 | NS      | $659744.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Healthcare Trust                  | Diversified Healthcare Trust                                          | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    237004 | NS      | $234633.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                   | DiamondRock Hospitality Co.                                           | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    209111 | NS      | $1967734.51   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Office Realty Trust, Inc.            | Piedmont Office Realty Trust, Inc., Class A                           | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    122307 | NS      | $1273215.87   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                   | Centerspace                                                           | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |     15238 | NS      | $982851.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                                | WP Carey, Inc.                                                        | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    191285 | NS      | $15073258.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | DJ US Real Estate Index                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       136 | NC      | $351347.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT, Inc.                  | Apple Hospitality REIT, Inc.                                          | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    215639 | NS      | $3678801.34   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Realty Capital, Inc.                   | Spirit Realty Capital, Inc.                                           | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |    133193 | NS      | $5516854.06   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                              | Elme Communities                                                      | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     86699 | NS      | $1713172.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Office Properties Income Trust                | Office Properties Income Trust                                        | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48023 | NS      | $734271.67    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.           | Gaming and Leisure Properties, Inc.                                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |    253358 | NS      | $13329164.38  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                         | Sun Communities, Inc.                                                 | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    120603 | NS      | $17716580.70  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Gladstone Commercial Corp.                    | Gladstone Commercial Corp.                                            | CUSIP: 376536108<br>LEI: 529900EVVV534W8R0T32 | Long             | EC               | CORP              | US        |     38328 | NS      | $727848.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage, Inc.                            | Life Storage, Inc.                                                    | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |     83665 | NS      | $8993150.85   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                           | Equity Commonwealth                                                   | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               | CORP              | US        |    111734 | NS      | $3026874.06   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.               | National Health Investors, Inc.                                       | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     45470 | NS      | $2558142.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                    | Digital Realty Trust, Inc.                                            | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    282309 | NS      | $31748470.14  | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                         | Camden Property Trust                                                 | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |    100355 | NS      | $12075717.15  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Logistics Properties Trust         | Industrial Logistics Properties Trust                                 | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               | CORP              | US        |     64861 | NS      | $263984.27    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                         | American Homes 4 Rent, Class A                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    310294 | NS      | $10261422.58  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Necessity Retail REIT, Inc. (The)             | Necessity Retail REIT, Inc. (The)                                     | CUSIP: 02607T109<br>LEI: 549300GN4H0K3IUS8983 | Long             | EC               | CORP              | US        |    131937 | NS      | $881339.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers, Inc.                            | Saul Centers, Inc.                                                    | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14221 | NS      | $612925.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties, Inc.                    | EastGroup Properties, Inc.                                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     41334 | NS      | $6416690.16   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust               | Federal Realty Investment Trust                                       | CUSIP: 313745101<br>LEI: 549300LI6XZ51GOCJ427 | Long             | EC               | CORP              | US        |     70884 | NS      | $7875212.40   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Office REIT, Inc.                       | Orion Office REIT, Inc.                                               | CUSIP: 68629Y103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56156 | NS      | $521689.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                    | Simon Property Group, Inc.                                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    325910 | NS      | $38926690.40  | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.       | Essential Properties Realty Trust, Inc.                               | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    130063 | NS      | $3018762.23   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.              | Omega Healthcare Investors, Inc.                                      | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    233264 | NS      | $7063233.92   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold, Inc.                                | Safehold, Inc.                                                        | CUSIP: 78645L100<br>LEI: 549300MHMP6BIE0XV355 | Long             | EC               | CORP              | US        |     24718 | NS      | $729685.63    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| City Office REIT, Inc.                        | City Office REIT, Inc.                                                | CUSIP: 178587101<br>LEI: 5493003J7157VP25NL57 | Long             | EC               | CORP              | US        |     43193 | NS      | $427178.77    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                     | UDR, Inc.                                                             | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    315757 | NS      | $13094442.79  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                         | Regency Centers Corp.                                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |    153838 | NS      | $10219458.34  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                  | Ventas, Inc.                                                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    396377 | NS      | $18443421.81  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                            | Kimco Realty Corp.                                                    | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |    612876 | NS      | $14047117.92  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                      | Cousins Properties, Inc.                                              | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    147528 | NS      | $3891788.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                          | LXP Industrial Trust                                                  | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    284269 | NS      | $3058734.44   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts, Inc.                  | Xenia Hotels & Resorts, Inc.                                          | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |    113404 | NS      | $1748689.68   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Co.       | Apartment Investment and Management Co., Class A                      | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |    151416 | NS      | $1268866.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp.                   | InvenTrust Properties Corp.                                           | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     66829 | NS      | $1718173.59   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander's, Inc.                             | Alexander's, Inc.                                                     | CUSIP: 014752109<br>LEI: 549300TZM28P04U5R635 | Long             | EC               | CORP              | US        |      2279 | NS      | $556622.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp.                           | Kilroy Realty Corp.                                                   | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    104172 | NS      | $4502313.84   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| RPT Realty                                    | RPT Realty                                                            | CUSIP: 74971D101<br>LEI: 549300T03GDH1L37S188 | Long             | EC               | CORP              | US        |     84404 | NS      | $945324.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund    | JPMorgan U.S. Government Money Market Fund, Share Class IM            | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |     10871 | NS      | $10871.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                           | Realty Income Corp.                                                   | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    596603 | NS      | $37627751.21  | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust, Inc.             | Four Corners Property Trust, Inc.                                     | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     79696 | NS      | $2162949.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                               | Whitestone                                                            | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46301 | NS      | $450508.73    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmland Partners, Inc.                       | Farmland Partners, Inc.                                               | CUSIP: 31154R109<br>LEI: 549300LB188CHPZ4IL37 | Long             | EC               | CORP              | US        |     47168 | NS      | $626391.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Street Properties Corp.              | Franklin Street Properties Corp.                                      | CUSIP: 35471R106<br>LEI: 549300STLK2T6QY5WO82 | Long             | EC               | CORP              | US        |    102295 | NS      | $298701.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes, Inc.                        | Invitation Homes, Inc.                                                | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    605254 | NS      | $19749438.02  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors, Inc.                | Sunstone Hotel Investors, Inc.                                        | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    213424 | NS      | $2345529.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| One Liberty Properties, Inc.                  | One Liberty Properties, Inc.                                          | CUSIP: 682406103<br>LEI: 549300QII1CQZGZBZR14 | Long             | EC               | CORP              | US        |     16761 | NS      | $399582.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                       | Pebblebrook Hotel Trust                                               | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    130261 | NS      | $2168845.65   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Indus Realty Trust, Inc.                      | Indus Realty Trust, Inc.                                              | CUSIP: 45580R103<br>LEI: 549300FS2G2L16L2GO91 | Long             | EC               | CORP              | US        |      4041 | NS      | $258624.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                         | Urban Edge Properties                                                 | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116452 | NS      | $1831789.96   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                     | Alexander & Baldwin, Inc.                                             | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72077 | NS      | $1423520.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.         | Alexandria Real Estate Equities, Inc.                                 | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |    153770 | NS      | $23928149.70  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.           | First Industrial Realty Trust, Inc.                                   | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130905 | NS      | $6617247.75   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease, Inc.                        | Global Net Lease, Inc.                                                | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |    102767 | NS      | $1390437.51   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                           | Acadia Realty Trust                                                   | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94097 | NS      | $1447211.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                               | NETSTREIT Corp.                                                       | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |     47524 | NS      | $928143.72    | 0.09%             |  |  |  | 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        |    202526 | NS      | $202526.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties, Inc.        | Innovative Industrial Properties, Inc.                                | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |     27739 | NS      | $3362244.19   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                  | Sabra Health Care REIT, Inc.                                          | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    229038 | NS      | $2956880.58   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty, Inc.               | Rexford Industrial Realty, Inc.                                       | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    163651 | NS      | $9048263.79   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust                       | Physicians Realty Trust                                               | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |    223425 | NS      | $3335735.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.               | Independence Realty Trust, Inc.                                       | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    219325 | NS      | $3974169.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                          | UMH Properties, Inc.                                                  | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     51106 | NS      | $899976.66    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                         | SL Green Realty Corp.                                                 | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     63592 | NS      | $2668320.32   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts, Inc.                   | Park Hotels & Resorts, Inc.                                           | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    231433 | NS      | $2969285.39   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties, Inc.          | Easterly Government Properties, Inc.                                  | CUSIP: 27616P103<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |     85525 | NS      | $1354716.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust, Inc.              | NexPoint Residential Trust, Inc.                                      | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |     22938 | NS      | $1103088.42   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Factory Outlet Centers, Inc.           | Tanger Factory Outlet Centers, Inc.                                   | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    103528 | NS      | $2013619.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties, Inc.                          | LTC Properties, Inc.                                                  | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     39134 | NS      | $1537574.86   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CBL & Associates Properties, Inc.             | CBL & Associates Properties, Inc.                                     | CUSIP: 124830878<br>LEI: 529900EIVFBRS4PUBZ13 | Long             | EC               | CORP              | US        |     12620 | NS      | $384910.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Retail Opportunity Investments Corp.          | Retail Opportunity Investments Corp.                                  | CUSIP: 76131N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123172 | NS      | $1878373.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                       | Brandywine Realty Trust                                               | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    169960 | NS      | $1174423.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                               | Welltower, Inc.                                                       | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |    450198 | NS      | $31977563.94  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Income REIT Corp.                   | Apartment Income REIT Corp.                                           | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155793 | NS      | $5927923.65   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                   | AvalonBay Communities, Inc.                                           | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    138657 | NS      | $24251109.30  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                         | VICI Properties, Inc.                                                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    955007 | NS      | $32661239.40  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust, Inc.                  | Americold Realty Trust, Inc.                                          | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |    267040 | NS      | $7971144.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Properties Trust                      | Service Properties Trust                                              | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               | CORP              | US        |    163720 | NS      | $1285202.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                          | Terreno Realty Corp.                                                  | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74909 | NS      | $4392663.76   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| National Retail Properties, Inc.              | National Retail Properties, Inc.                                      | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    174450 | NS      | $8087502.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                       | Kite Realty Group Trust                                               | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217222 | NS      | $4952661.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                            | Macerich Co. (The)                                                    | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    212863 | NS      | $2703360.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Group, Inc.                         | Paramount Group, Inc.                                                 | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               | CORP              | US        |    173801 | NS      | $1133182.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                | Public Storage                                                        | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |    156665 | NS      | $46679903.40  | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                | Prologis, Inc.                                                        | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    915221 | NS      | $107803881.59 | 10.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties, Inc.            | Ryman Hospitality Properties, Inc.                                    | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     51954 | NS      | $4755349.62   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust, Inc.               | Empire State Realty Trust, Inc., Class A                              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    140409 | NS      | $1082553.39   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Medical REIT, Inc.                     | Global Medical REIT, Inc.                                             | CUSIP: 37954A204<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EC               | CORP              | US        |     61726 | NS      | $623432.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust                         | Chatham Lodging Trust                                                 | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45980 | NS      | $614752.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund    | JPMorgan U.S. Government Money Market Fund, Class IM                  | CUSIP: 4812C2270<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | STIV             | RF                | US        |   4099867 | NS      | $4099867.46   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Properties, Inc.                       | Boston Properties, Inc.                                               | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    147640 | NS      | $10641891.20  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust, Inc.                   | American Assets Trust, Inc.                                           | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51017 | NS      | $1494287.93   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust, Inc.                 | Healthcare Realty Trust, Inc.                                         | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    377545 | NS      | $7750998.85   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Healthcare Trust, Inc.              | Community Healthcare Trust, Inc.                                      | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |     23622 | NS      | $832911.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                            | Equity Residential                                                    | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    354274 | NS      | $22978211.64  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                          | Vornado Realty Trust                                                  | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161629 | NS      | $4087597.41   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                            | Getty Realty Corp.                                                    | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     39394 | NS      | $1300789.88   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett, Inc.                          | Douglas Emmett, Inc.                                                  | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174325 | NS      | $3019309.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                          | JBG SMITH Properties                                                  | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110270 | NS      | $2272664.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties, Inc.               | Armada Hoffler Properties, Inc.                                       | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |     67145 | NS      | $815811.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease, Inc.                    | Broadstone Net Lease, Inc.                                            | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    167900 | NS      | $2849263.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties, Inc.                 | Summit Hotel Properties, Inc.                                         | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |    106014 | NS      | $906419.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential, Inc.                       | Veris Residential, Inc.                                               | CUSIP: 554489104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76734 | NS      | $1232348.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties, Inc.               | Hudson Pacific Properties, Inc.                                       | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143423 | NS      | $1657969.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust, Inc.                | Medical Properties Trust, Inc.                                        | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    595118 | NS      | $7807948.16   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                         | STAG Industrial, Inc.                                                 | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    177725 | NS      | $5848929.75   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                    | Highwoods Properties, Inc.                                            | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    104281 | NS      | $3107573.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co., Inc.                   | Phillips Edison & Co., Inc.                                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |    112954 | NS      | $3640507.42   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.                   | Healthpeak Properties, Inc.                                           | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |    535078 | NS      | $14051148.28  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Gladstone Land Corp.                          | Gladstone Land Corp.                                                  | CUSIP: 376549101<br>LEI: 54930002B3Q17H38FG74 | Long             | EC               | CORP              | US        |     32229 | NS      | $661983.66    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE Capital Corp.                           | STORE Capital Corp.                                                   | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               | CORP              | US        |    250414 | NS      | $7988206.60   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                             | RLJ Lodging Trust                                                     | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165459 | NS      | $2005363.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                  | Brixmor Property Group, Inc.                                          | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    297047 | NS      | $6885549.46   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                           | Iron Mountain, Inc.                                                   | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |    288149 | NS      | $15655135.17  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp.                            | SITE Centers Corp.                                                    | CUSIP: 82981J109<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |    190845 | NS      | $2593583.55   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                     | Extra Space Storage, Inc.                                             | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133165 | NS      | $21398283.85  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust             | National Storage Affiliates Trust                                     | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86228 | NS      | $3432736.68   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                          | CareTrust REIT, Inc.                                                  | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     96223 | NS      | $1905215.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                 | Equinix, Inc.                                                         | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     90266 | NS      | $62342212.90  | 6.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT, Inc.                | Plymouth Industrial REIT, Inc.                                        | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39787 | NS      | $823590.90    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

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

**Signature:** Timothy J. Clemens

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

**Title:** Treasurer and Principal Financial Officer